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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Feb. 5, 1915)
14 THE OREGON DAILY JOURNAL, PORTLAND, FRIDAY EVENING. FEBRUARY : 5. 1915. ENGLISH. GOVERNMENT TRYING TO GET EGG TOBOGGAN IS ILL GREASED AND PRICES ARE SLIDING Further Loss of lc Per Dozen Is Hliown Along Front Street To day With Cauclled Down to 25c and Ca.se Count at 24c. Kgs prices lost another cent In tho Front trc-t market today with casa count down to 24c and candled offer ings generally quoted at 25c a dozen. Receipts of f-sss continue to show an increase in the trade here and the loss In the juice today was caused by the Inability of the trade to unloal promptly at former prices. This is Absolutely necessary at this period or the reason because all expectations are for gradual declines until the low point is rea.Jn-'l. One of the best signs of the times Is that this season's eggs to date have fceon far the hest ever received by the trade. The 1s in candling is nom inal Country interests seem to havo "realized at last that it does not pay to hold egss away- from market when Offerings b'-Kui to increase and ship ments are therefore more regular than usual Homo outside demand is show ing but it is limited because all coast markets are down. St'CiAR M AUK ET IS UP A DIME Another advance of a dime was forced in Hie price- of refined sugar here as forecast and till other ad vances are expert...!. Recently the wst em market advanced 5uc a hundred compared1 with ;;uc along the coast. CELKRY MARKCT IS HIGUKIt Market for n-lerv was suddenly lif ed here with California unable to fill order on uc omit of the rains there. Prices which stood weak at i-.uO yes terday were fimi today at $3 a crate. HEAVY HKXS AT A PREMIUM For heavy hns suitable for the Jew ish trade, a Rood premium over tlis regular market is being maintained along Front street. For ordinary lot. the market is dragging around lHt.c. a pound. .VEAli MARKET IS WEAKER Market for country killed calves Is accumulating weakness .and the bulli of the sales of select quality are re ported today by wholesalers at 11W lic a pound. Hogs continue firm at 9c for tops here. SMELT PRICK IS AT 3 CENTS Price of smelt dropped to Cc a pounl or 11.50 a box in the local market this morning. While offerings are not heavy, they are somewhat better. Fresh salmon continued scarce at for lrfer quotations. CARROT SUPPLIES ARE SMALL Only verv limited supplies of car rots are offering on the lo al market and the price is firm today at $1.2o with some talking of $1.50 a caik. This is from jobbers to retailer. Tu" nips are out of market so far as local stock Is concerned. SHIPPERS' WEATHER NOTICE Weather bureau sends the follow ing notice to shippers: Protect shipments as far north as Seattle, against minimum tempera tures of aboi t :S degrees; northeast tr, Spokane. :'0 degrees; southeast to ISoisr, 2 1 degrees; south to Ashland, 38 degrees. Minimum temperature at Portland ton ght. about 38 degrees. JOBBING PRICES OF PORTLAND These prices are rhese nt which wholesaler tell to retailer, except as otherwise stated: BUTTER Nominal. Willamette TitUey t resmerr." cubes, -ell lug price. 271.4c; stste print. aO'ic; ranch ontter. leiglic; city creamery, case lot?. 32c; less thau case lots, Vjc lb. extra. BUTTE It FAT No. 1. Portland delivery. 80c. EGGS -Nearby freshly gathered, 25c; case emint. 21r; eastern "fresh." April 20c; Chl uese. 151:41 tic. I.IVf: Pori.TRY Hers, riymoiith Rock, hfgyy. 12o: ordinary chickens. 11Vj.e; broilers, 1 to 21? rHunJs. ll'tiltic; turkevs. 17ktlSr; dressed. 20w Sic ; pigeons $l.V(rf1 25; squab. $2.2!iH2.40 doxen; sccse, ltve. 11glOc; I'ekln ducks H13r. CHEESK Fresh Orecon. fancy full cream TRANSPORTATION COOS BAY AND FTjREXA S.S.ELDER SAXXiS SUNDAY, PEB. 7, 9 A. W. AKD EVERY SUNDAY THEHEAFTEH. FORTH PACIFIC STEAMSHIP CO. Ticket Office H Freight Offloe !22A 3d St. : Foot Northrop St. 5IA1N 1314 A-1314 ! Main 6303; .4.-5422 Coos Bay Line STEAMSHIP BREAKWATER Sails from Ainsworth deck, Portland,. p m very Tuesday.- Freight and ticket office lewer Ainsworth dock. P. & C. B. S. 8, Line, L. H, Keatinc, Agent, Phone Main 3600. A 833S. City ticket office 80 Sixth street. 0. W. 6tinger. Art. Phones Marshall 4600, A-6131 susl-ljTiTil s. s. boss niTv to. San Francisco, Los Angeles 3 P. M.. Feb. 10 The San Francisco & Portland S. 8 Ca td. and Washington St:. (With 0-W. RAW Co.) Tel. Marshall 4500. A-6121." American-Hawaiian S. S. Co. "The Panama Canal 1.1 ne" EXPRESS rREIOHT SEBVXCB Between Portland Hew Tork, Boston, Philadelphia and Charleston. For information as to rates, sail ings, etc., call on or address C. 1. KK-N'NEDY, Agent, 270 -Stark Street. Portland Or STEAMER SERVICE Steamer "H A R V E S T QUEEN" leaves Ash Street Dock dally ex. eept Saturday, 8 P. M., for As toria and way points. Returning lejyes Astoria daily except bua day. 7 A. , M. Tickets and reservations at O-W. RAN City Ticket Office. Th.rd and Washington Streets, or at Ash Street Dock'. Phones: Mar. sunll 4500. A-6121. LOS ANGELES AND BAN DXEGO STEAMSHIPS YALE and HARVARD Railroad or any steau'er to Sau Francisco, the Exposition City. -arrest, fastest and the 0tlf strictly first-class passenger ship on the -Coast. Average k-pecd. 28 miles an hour. Co-t W."0.O0O each. .' SAM FRANCISCO. .PORTLAND A LOS ANGELES S. 8. CO. Frank Bollam, Agent. - 124 XuirU at. . Uaia iX. A-160. . WANT THE TO Many Write Front Street Houses That They Are Opposed to Regu lations Which Would Simply Cause Them to ' Quit Business. The Introduction of another bill In the state legislature to regulato com mission houses of this state is evi dently not in favor among country shippers, notwithstanding the fact that the promoters of the bill allege that it is in the Interest of the farmer. According' to letters received from the country by Front street interests, far mers no longer desire to add additional burden on their agents, the commission men. They realize that after ali they are the ones who will be compelled to bear the burden. The bill allows a maximum of 10 per cent commission on less than car load shipments and 5 per cent on car lots. That even tlie present rate of commission is not a monev maker for the commission men is indicated by the books of leading concerns which show that not a single one of them has earned a dollar of net profit for over a yr. The .propos-d law will hit the grow ers themselves just as much as the regular private concerns for the on- operative companies are inclu .ed in the proposed regulations. If the rronosrl law f& mt in ff. it is stated by the commission men tha they could no longer do business at a profit and would '; compelled to quit The effect upon the producer can therefore t3 Imagined. MUCH INTEREST IN SMELT Wnndland Waoli I.'.. 1 . r ... 1 ( terest ls being centered' in' the eccen tric rlln tT Fti..! t 1 1 t I . .. .. . . . i - - .. w- ..... . ' ' ' . nac ciiiciu ill.- Kalama river in the past few days, as viicnr luuinnume nttie nsn rarely en ter that stream, as they can onlv get up as far as the power plant In some manner they have avoided the Cowlitz river so far, which is ordinarily their main spawning stream. Several accidents happened to the craft fishing in the Kalama last night, but outside of the overturning of about n Hri7.n f iohlno- Knnta 1 ..... . f . T - - - -- - ........ . . . ci v . i u t UL luuia. gear and the smashing up of boats, and 1 . . . ; . . i . i ... r . . . juo.-s ui nsn vii uuaiu, notning more seriows happened than the soaking the occupants got. About 200 boats were working in the narrow shallow swift stream. RAINS ARE AID TO CROPS (Special to Th- Journal.) Silver Lake. Or., Feb. 5. Doubt as to whether Silver Lake valley would get suficient precipitation this winter to benefit summer fallow land and insure crops next season was dispelled Sunday when a drenching rain drove frost out of the ground and soaked plowed earth to a depth of several inches. A heavy, wet snow followed the rain, but soon disappeared under a bright sun and before a stiff wind. The velocity of Tuesday's wind was the highest of the winter. Although no serious damage resulted, sheds and outhouses on several ranches toppled and the tops of several haystacks were scattered over fields. San Francisco Dairy Produce. San Fraincisco. Cal.. Feb. 5. Butter. extras. 26c: prim firsts, 25c; fresh firsts. 24c; seconds. 22c. Kggs Kxtra fresh, 23c; firsts, fresh 22 Vic; selected pullets. 20M.C. Cheese Oregon twins and triplets, HVio: California fancv flafs l.iUo- California firsts. 12c; seconds. 10c. San Francisco Potato Market. San Francisco, Cal., Feb. 5. Pota toes, per cental, Oregon American won ders, $1.65; Oregon Burbanks $1.60; Salinas. J1.7B2.10; delta Burbanks, Jl.lO-fi 1.30; sweets. $1501.60. Onions, per cental, 7590c. New York Sugar and Coffee. New York, Feb. 5. Sugar, centrifu gal Jfi.40; molasses inactive. Coffee New York No. 7, Rios, 8e; No. 4 Santos, 9 Tic. twins and triplets. lflgi6V.c: Young- America lTai7l-c; storage flats. H'iiftlSc. JACK UABB1TS Fancy ufessed. $2. Fruit and Vegetables. FUKSH FRUIT Oruuges, navel. 1.T5 2.25; Japanese, 604fS"c; anana3, 44,c lb.; lemons, 3.uii(fi.4.-,j; limes. (1.01 per 100; grape fruit, $2.604.00 per case; pineapples 7e lb.; casabas, $1.75 crate; pears,- $1.30: graDei ll.uOtal.liS crate. APFLKS Local, 75cU$l-30 box. according tO MOHlitV. POTATOES Relllnsr price: I-xtra choice $1 31.15 per cental: sweets, $2.U52-SO. ONIONS Local No. 1, $1.5; association selling price $1.00 f. o. b. country points; garlic, 17',-aC V 1U ET A is L ES- Turnips, $1.0031.1.1: beets $1.001.16; carrots $l.ou81.15; parsnips. $1.25 tack; cabbuee, $1.25(31 60; tomatoes, Califor nia, $2.26 per crate; green onions 20c per dozen bunches, peppers, bell iOc. head let tuce, $1.501.75 cra.e; celery, crate, $3 OO' egg plant, 10c; caul'.f lower, $1.7j crate trench artichokes, 75(y&6c docen; string beans ( ); cuenmbers, hothouse, $1 dozen; cranber ries, eastern. $10 bbl.; local, ioc lb.; sprouts' 78c lb. Groceris. 8COAB Cube, $6.55; injwdered,, $6.43- fruit or berry, $B.15: beet. $5.95; dri erauulated $8.15; U yellow, o.4o. lAboTe quotations are & days net cash.) U1C1 Japan style No. 2, 6ffl6i4c; New Or leans, head, DCOfic; Creole. 6c. SALT Coarse, half grounds, loos. $10 Der ten; 60s $10.75; table dairy. Sua $18; io $17.50; bales. $2.25; extra fine barreU. 2s! 6m aad 10a. eo.5(u,i.OO; lump rock. S2.50 ur too. HONEY New $3.253.50 per case. BEANS Small white, $d.50; large white $6.25; pink, $5.75; lioiat, $6.73; bjou, $i.50! ted. tJiaC Bens. Wool and Hides. HOPS Buying price, choice, 12V4c; prime 11 l&12c; medium to prime. UlOv; medium Jose, 1W15 coutr-cts, uc lb. WOOL Nominal, 1914 clip: Willamette al ley. coarse CoUwold, 17Vac; medium Sbros. lihlre, lSV.-c; choice, fancy kt, 10)20c lb eastern Oregon, 14020c, according to shrink age. HIDES Dry hldea, 25c Ib.j greea, 13c lb.: salted bides, 13H14c; -jqLU gnen salt. 9a 10c; kips, 14(tfl4Vc; csWes, dry, 2ttc; calf skins, salted or green, 18e; green hides. lc less Uu salted; aheep pelts, salted, shear ings, low 25c; dry. 11c. TALLOW-No. 1. H4Q4S4C; N. X 404),e; grease, 3 O 4c. MOHAIK 1814 27(9 2THc CH1TTIM OB CA8CARA BASK Car lota. 4c ; less than car lota 4c Meats, Fiah At PrSTlslons. DRCSSKU MKATS tieillag prll Counrrj killed: Fancy hogs 9c; rough snd heavr 7c: fancy Teals. lH,.1c; ordinary lov.c: poor. f(5l0c; goaU, 34c. 73 ' HAMS, BACON, ETC. Hams. 1817V.c breakfast bacon, 17H27c; boiled ham 27c; picnics, llje; cottage, roll, 13c. ' MEATS Packing uouse Steers. No. 1 stock 12c; cows. No. 1 stock, 11c; ewe. lOUc wetaers, 12Hc; lambs. 13ttc; pork loin. Ire! OYSTERS Olympla. per gaUoi$3 0O canned eastern, 55c can, W 50 dosen; eaatera! In shell, $1.85 per 100; raaor clams, $2.50 box1 eastern oysters, per gallon, solid pack. S3.oo! n&H Dressed flounders. 7e; steelbeadiall mon, Colombia rlcr, c; Royal Chinook 19c lb.; perch. 68c lb.; lebeters, 26e lo7! silver smelt. 8c; salmon trout, 18o lb.: halibnt 8c lb.: Columbia river amelt, 3c lb. LARD Tierces, kettle rendered 12Ue standard. 12c. "c' CHARS Large. t.75; medium, gl.25 de-e-Paints and Oila. LINSEED Oil Raw, bbU., Tie gallon- ket tle boiled, bbla 73c; raw. cases. 7c; boiled, cases, 78c gal.: lota of 250 gallons, le teur oil cske meal, $44 per ton. " WHITE LEAD Ton lots. 1e lb.; 500 IK lots, 1e per lb.; less iots, 8c per lb. OIL MEAL Carload lets, $34. COAL OIL Water white in drams and troa barrels, 10c. .TUrENTlNS la cases, 67. tamka. 0e gaW FARMERS COMMISSION MEN REMAIN IN BUSINESS Edited by Hyman H. Cohec i 1 1 ' " ' - r f , STILL MORE OFFERED HERE WHEAT SUPPLIES Europe Again a Persistent Bidder With English Government Try ing to Get Down the Price of Freights to American Ports. NORTHWKST GRAIN KECElPTf -r Ca r : Wheat, today 49 51 Barley. Fir. Oai 10 4 2 Hay. 3 12 1445 1910 19 5 2395 1723 15 18 34-5 341S Portland, J ear ago Season to dale.. Year ago. Tacoma. Thurs Year ago Season to date. . Year ago Seattle. Wed... Year ago Season to datp. Year ago 12 14M 19o9 1 L'l 42 519 4 f?fK 9H7 15 15rt ISOl 13 151(4 13Dfi 2 13.2H4 I2.S.S5 -'4 7. .-,50 7.o;j 15 0 5.380 413 306 1 97 4 4 1572 1J97 There are offers for wheat cargoes here at a further advance in price and similar strength is showing for oats and barley cargoes. A private cable from Imdon stated that strong pressure was being brought to bear by government interests to influence the Ship Owners' association to ease up somewhat on their charter rates. It is even intimated that the government will vtlie steps to force the issue unless shipping interests are willing to do so themselves. - The effect of such a movement upon the price of wheat, oats and barley here may be imagined. Kven at the present record" price for freight as well as the exceedingly strong prices that t ereals are being held at here. th demand for offerings frorri abroad is fully twice as heavy as supplies. Chigago pit prices for options es tablished another new high record early in the session for wheat today ard this had a direct effect upon senti ment here. Liverpool spot wheat prices were advanced 2 to 3d. With, further sales of flcur from the Pacific Northwest to Rurope reported today, there is, a otronger tone through out the flour market and further ad vances in the ;price of patent are fore cast. CLOVER PEED Buying price: Nominal No. l. uncleaned". Il1i(fil2c; ordinary. 11 Vaic pound; alsike, 12c. FLOI'R Selling price; Patent! $7; Willamette vailley, $7.80; local straight, $5. SO; export straight, $5.20; cutoff, $5.20;Vbakers',( $6.80 (S) 7.20. HAY New crop, buvlng price: "WI1 lamettee valley timothy, fancy, $13 14; eastern Oregon-Idaho fancy timo thy, J15 013.5D; alfalfa. $13; vetch and oats $910.00l: c'over, $S per ton. GRAIN SACKS 1915 nominal. No. 1, Calcutta. $6.00. MILLSTI'FFS Selling price: Bran, $30.00031.00;' shorts. $33.00. ROLLED BARLEY Selling price: $34. 50(j 35.00 per ton. While the Chicago wheat market lost its early1 advance, the local mar ket held well. On the Portland Mer chants Exchange, there was an ad varice of c to lc a bushel for futures. Spot club made a further gain of lc, fcrtyfold hzc and red fife lc a bushel. Sales of wheat today: 15.000 bush els March bluestem. $1.57; 5000 bushels April bluestem, $1.59; 5000 bushels April bluestem. $1.59A; 5000 bushel prompt club, $1.54; 10.000 busn e)s March club, $1.55: 5000 bushels March red Russian, $1.47; 5000 bush els prompt red fife. $1.50. and 6CO0 bushels April red fife, $1.54. Oats sales: One hundred tons March, $39.50. Barley sales: One hundred tons Marcli. $36; 1000 tons March. $35.50. Merchants Exchange February deliv ery prices: WHEAT Friday TKurs. Wed. Tiies. Mon. Bid. Ask. . Bid Pluestem ?1.55 $1.58'..j $1.55 $1.52 $1.53 $1.49 J''ort.vfold $1.53 1.52 1.51 1 43 1.47 88. 50 1.55 1.58 Club 1.54 155 Hd Russian 1.45 1.47 Red Fife 1.50 151 1.54 1.52 1.45 1.C2 1.50 1.43 1.461 1.48 1.46 1.39 1.48 1.49 OATS 39.00 39.75 S9.25 39.00 BARLEY 88.00 Feed 35.0O 35.75 Brewing MONEY BEING FOR 35. 5 85.25 85 OO 34.50 85.50 35.25 35.00 84.50 MILLSTCFFS 80.00 80.00 80.28 80.25 81.00 80.00 81 OO 31.25 Brcn PO.OO 31.00 Shorts 31.(10 32.00 Futures were quoted: WHEAT March h)uetrm April bluestem May blue.-teui March fortyfold April fortyfold March olflb April club March Red Russian April Red Russian March Red Fife April Red Fife Bid. $1-V7 . 1.59 . 1.60 . ..; . 1 57 . 155 . 1.37 . 1 47 . 1.4S',, . 1.51 . 1.54 Asfc. $1.57 l.flo l.2 1 .57 1.60 1.56 1.58 1.47 1.50 1.52 1.55 39.50 40.50 42.00 35.50 36.50 OATS March April May Ma reh feed April . .39 25 40.00 .41.50 35.00 .35.50 BARLK.Y New Wheat Record Made at $1.67 for the May in Chicago Chicago. Feb. 5. By climbing to $1.67 today,! May wheat broke all pre vious records this season. Weakness set in at tbe extreme point and from $1.67 May Jropped back to $1.62. but later showed recovery to $1.64, where it closed, c better than yesterday. July opened with a gain of c over yesterday aind advanced lc early, to $1.43. It was heavv at this time and lost toi $.40Vi, recovering as did the May. a,nd closed at $1.41 8. This is c below yesterday. Foreign markets were again firmer and. higher; and this was the cause of the initial strength here.t Range of Chicago prices furnished by Overbeck & Cooke company, 216 217 Board of Trade bldg. I WHEAT (Open. High. Ixjw. Close. May $n4:i $1.67 $1.6U SI 64SA July i;42 1.43 1.40 1.4148 ! CORN May L82U. .82 .SOH4 .81 UB July j.34 844 ,82 .83 B OATS May i.fit 61 .SOU .0R July 1 5S V 5X, .37 .57SiA PORK May 1B.52 19.65 19.43 19.55 July 19.92 20.02 19 S2 19.90 B i LARD May 1132 11.35 11.22 11.22 B July 11. SO 11.50- 11.37 11.37 RIBS Mar 10.43 . 10.45 10.33 10.37 A July .10.67 10.67 10.57 ; 10.60 NORTHWEST BANK STATE3IENT Portland Banks. This week. $1,772,625.18 l.36,686.72 1.663,638.65 '2.255.6P8.27 2.363,450.49 Clearings : Friday ....... Thursday . . . . Wednesday . . Tuesday ... . Monday . . . . . Week to date Year ago. $1 .609.053.3fl 1,780.539.10 1.5O6.T9O.30 2.017.535.99 2,073,078.04 .$9,892,090.31 $8,985,996.82 Seattle Banks, Clesrlnan . , . . .$1,600,522.00 138.831.00 Balances Tacoma Banks. $ 501.952.00 ...... i, 62.729.00 Clearings Balances . DOWN PRICE GERMAN HOPS ARE OFFERING AT LOWEST E FOR A Imports Into the United States Are Equivalent of 40,000 Bales, American Weight; Our Exports Are but 4000 Bales More, Soma business continues to pass in tho local hop market but the sales are of small lots. The highest price paid during the last few days was 12c a pound. The bulk of the business is from 11 to 12c with the low price at 10 c. A report of a 12 c sale In another Portland paper today is said by the trade to be only about 10 days of age and no business at that price has passed recently. A remarkable situation is shown in the hop trade in the east. Contrary to expectations importations of Ger man hops into the United States are the heaviest in many years with the firices showing a like condition. The atest report is that the equivalent of 40.000 bales of American weight has been imported from Germany into the United States this season. Total ex ports from this country to date this season .are but 4000 bales more. These German hops are being 'offered in New York in bond, according to a private message from there, at 12c a pound. There is a duty of 16c to be tacked upon this price, therefore the duty is more than the actual price of the hops. This is not a very good sit uation. A late New York mail advice says of the general situation: Bales. Receipts for week 3,581 Receipts since September 1 72,895 Receipts same time last year ...9t,107 Kxports to Europe for week.... 1,245 Exports from September 1 3 5, 039 Kxports same time last year . .90.6S1 Imports for week 1.61 Imports from September 1. 15.434 Imports same time last year.... 5,498 "Our market has dragged along in a lifeless, indifferent manner. Brewers have shown scarcely any interest, and dealers have not been buyers here though they have continued to operate to some extent in the interior. We hear of offers to sell state hops at a fur ther reduction in prices, hut good to choice Pacifies are held with some de gree of confidence. Some business has been done on the coast, and more of the stock would have passed out of first hands if growers had been willing to sell more freely at current rates. In the best sections there is quite a firm holding. "A limited amount of stock has been purchased in New York state at from 10c to 15c. Indications are that more business would bo done if growers who have good hops would offer them more nearly in line with buyers' views. Mar kets in Great Britain are quiet and un changed. Germany is sending us a lot of stock Via Rotterdam, and the Im portations this season promise to make a new record. New York hop prices per pound: State 1914, choice 21023c State, 1914, medium to prime .1519o State, 1914 lower grades 10Co)13c Pacific Coast. 1914. choice ... 1 4 L5c Pac. Coast, 1914, med. to prime. 123c Pac. Coast. 1914, lower grades. 9-Tlc Pacific Coast 1913 Sigllc Imported, 1914 3036c Sharp Losses Are Forced for Stocks; Sugar Shares Mixed New York, Feb. 5. Serious . losses were forced in the stock list today, with few instances of strength during the session. American Beet Sugar was one exception, and showed a net gain of i point on rather liberal buying, due to the brighter prospects for profits. American Sugar Refining company was one of the heaviest losers, with a decline of 2 points, although Reading common made a similar loss. The gen eral market was from to 2 points below the final figures of yesterday. Steel was down a noint to 39 for common. The Gary rail mill will re open on Monday. Range of New York prices furnished by Overbeck & Cooke company. 216-217 Board of Trade building: DESCRIPTION I Orpn Hlirhi I.ow!Ciose Anil. Copper Co.... Am. Car i Foun., c. . Am. Can. c Am. Cotton Oil. c. . . . Am. Loco., c Am. Sugar, c Am. Smelt, c Anaconda Mining- Co.. Atchison, c B. & O.. c Beet Sugsr Beth. Steel, c Brooklyn Rapid Tran Canadian Pacific, c. . Central Leather, e... C. & G. W., c do preferred C. M. & St. Paul... Chicago A North., c. Chlno Copper Chesnpeake & Ohio.. Consolidated Gas .... Corn Products, c ... Erie, c F. rie. 1st pfd ii. North., ore lands. G. North., pf Ice Securities Inter. Met., c do preferred Lehigh Valley K. C-. Southern M.. K. & T., c Mo. Pacific Nevada Consolidated . New Haven N. Y. Central N. & W.. c Norfolk & Western, North Pacific, c Penn. Railway P. G.. L. & C. C... Rsy Cons. Copper Heading, c Rep. Iron & Steel, e. South. Pacific, c... South. R'y.. c do preferred Tenn. Copper T'nion Pacific, c IT. s. Robber, c U. S. Steel Co., c. . . do preferred Utah Copper Westlnehouse El-c... 53 534l 53 53 44 27 47 21 101 61 26 94 ra 37 r.2 87 154 34 10 29 87 126 35 42 117-Vi 9 22 7 21 Vi 103 .A27 94 47i, 21 u 103 Rl'a 4 ! L'i l !101 I 61 27 94 37 52 'I 87 155 Li, 34 11 26 94 f.sn, 3H-H 50 u. S7 1534 341.4 10 'si' ' 41 117&4 9 22 35 V 29 113 22 12 tTs 37 51 R7 155 V. 34 11 67 S7 35 42 V4 118i:, 9 22 U, 35 U 36 42 -U 118-W 9i; 22 V. 35 30 114-14 22 a. .-i.i 29 113 12-41 114 22 13 57 133 22 10 10 12 49 88 102 102 103 103 13 I 55 5SU 55 13D 135133 10i4! 10 12 50 89 'i 102 102 103 106 10 10 12 5l S9 102 103 10 10 12 49 88 102- U2 103 106 1105 1 !llf .1 17! . ,14614 14 17 144 17 145 19 I 15 I 57 I 29 1118 i 56 I 39 19H 83 19 9i 83 16 57 -'9 SI 15 57 20 118 50 57 29 Ss, 119 119 57 .17 I 40H4! 40 "W. i 394 .!103il03 .1 53 63 .70 if 70 ll24 J 52 ( 69 HtS 52 70 I". S. Government Bonds. New Tork, Feb.- 5. Oo-eernroent bonds: 1 DM Ask. 99 Twos, registered ....... do, coupon Threes, registered do. coupon Fours, registered ... do, coupon ...... i.... Twos. Panama 9t 99 101 101 100 110 9S Twos, 1938 92 Seattle Dairy Produce. Seattle. Wash., Feb. 0. Eggs Select ranch 28c; eastern Aprils 24c. f Butter Nati-re Washington creamery brick, 81c; native Washington creamery solid pack, 30c: eastern brick 28c. Cheese Oregon triplets 16c: Yotme America 17c; local creamery, 17c; Wisconsin cream ery 17c; ditto triplets, 17e; Washington twins 16c. Various Wheat Markets. Kansas City. May wheat. $1.57. , Winnipeg May wheat, $1.59; July. $1 .eoa4 . Minneapolis May wheat. $1.55; July, $1.51. Dulutb May wheat, jl.574; July, $1.53. Paris Wheat Higher. Paris, Feb. 5. Wheat closed higher. Liverpool Spot Wheat. IjTrpooL Feb. 5. Cash wheat, 233d higher. - PRIG PERIOD OF FREIGHT TO FOR SWINE IN. Top Hogs Sell Here Today at $7.35 AVith Demand Better Than Of ferings; Mutton and Lambs Make Climb as Forecast. PORTLAND GOES HIGHEST MARK COUNTRY Hog. Cattle. Caircs. Sheep. 772 3 9 813 4' 2 51 :-.27 1O0 1J 1"0 .. ft 2572 Hi7 1 1S6 453 2 3 5sx 401 1 41 790 2I .. 2ft5 372 245 155 - 39 .. 31 Friday Thursday Weduesday Tuesday Mondflr Saturday Week ago leur ago ....-... Two years ago. . Hog prices at. Portland are breaking a few records for the country at this time with tops up to $7.35 in the local yards this morning. For swine the North Portland market offered and paid the best price in the United States for any of the recognized open markets. There was a fair run re ported in the yards this moriiing but killers were openly .supporting the price and it therefore made ease prog ress toward the higher level. The ad vance for the day was a dime. At Chicago there was a weaker ton in the hog trade with tops at $7.10. Kansas City hog market was also weaker and lower with tops at $7.1. General hog market range: Best light JJ7.307-.35 Medium light 7.25 Good to heavy 7.107.20 Rough and heavv 6.90(&7.O0 Stockea-s 5.50 6.25 Mutton Market Higher. Forecasts made bv The Journal of a higher market for mutton and lambs have been confirmed here by the sale or select lambs off cars at $8.10, which means fully $8 on the fill, the usual method of selling all livestock here. So heavy is the demand killers are showing an inclination to grab the limited offerings and put them on sale before there is a chance to fill them. Sales of yearlings were made off cars at $6.90. although it is quite possible that a dime more would have been obtained for something real select. For ewes the market is firmly estab lished at $5.90 off cars or $5.80 on the There was quite a fair run of mut ton and iambs reported in the North Portland yards over night, these being practically the only offerings since Monday, when the showing was much smaller than expected. At Chicago there was a weaker tone in the mutton trade and a loss of 10 16c resulted fn prices. Kansas City mutton market ruled weaker with a loss of 10 20c for the day. General mutton trade range: Old wethers $fi.907.00 Best yearlings 6.50(S6.75 Best ewes 5.75 5.90 Best east mountain lambs.. 7.90f8.00 Valley light lambs 7.75i7.86 Heavy spring lambs 7.60Sj7.65 Cattle Market Is Qnlet. Market for cattle continues quiet at rsortii rorlland. There was a fair run reported in the yards overnight. While it is true that extra select stock of grain led steers will bring as high as $8 in the local market at this time, the top lor grain feedings is $7.65 and it takes good quality to bring this value. At Chicago there was a weaker tone in the cattle trade with values a shade lower for the day. Kansas City cattle market was weak er with a loss of a nickel today. General cattle market range: Select grain fed $ 8.00 Best hay fed steers 7.60 0 7.65 Good to choice 6.f07.00 Ordinary to fair 5.75 6.25 Best cows 6.606.65 Good to prime .5036.55 Ordinary 5.25 0 5.60 Selected calves 8.0048.25 Fancy bulls 6.606.75 Ordinary 4.00 4.26 Today's Livestock Shippers. Hogs F. B. Decker. Lebanon, one load, Gervais, one load, both direct to Union Meat company: J. H. Preston, Weiser. ladho. two loads: C. E. Rude. Hermiston. one load; R. K. Stanfield. Stanfield. one load. Cattle R. .T. McClelland. Corvallis. one load: Pacific Cold Storage com pany. Eaton, Idaho, two loads; Ljommie .Rales. Ferdinand. Idaho, one load; J. H. Johnston, one load; F. B. Ball, On tario, six loads cattle and calves. Sheep R. X. Stanfield, Stanfield. one load: Frank Correa, Echo, one load, Bovlen & Stevens, two loads. Mixed stuff F. B. Decker, West Scio, one load hogs and sheep, direct to TJnion Meat company: Peterson Brothers. Forest Grove, one load cat tle and hogs: M. M. Hoctor. Golden dale, Wash., one load cattle and . hogs. Thursday Afternoon Sales. STEERS Section. No. Ave. 1h. Price. Idaho 3 1150' $7.60 Idaho 4 79 6.75 Oregon 2 945 6.25 Idtno 9 f1 6.00 Idaho 17 SIM 6.50 BULI S Oregon 1 140 $5.28 Oregon 2 1410 4.60 Oregon 1 1450 4.60 COWS Oregon 1 990 $8.25 Idaho 16 I'sH - -20 Oregon 4 1202 6.00 Oregon 2 H 6.50 Idaho , 1 870 5.25 Idaho 1 1240 6.25 LAMBS Oregon 237 78 $8.10 Oregon 240 78 8.10 YKARLINGS Oregon 67 93 $6.90 Oregon 186 93 690 Weighed off cars, about Kc less. Filled price would be 8TEERS No. Ave. lbs. Price. 23 1137 $7 60 1 940 6.75 13 1174 .50 -HEIFERS 3 980 $8.75 BILLS .f 2 1310 $5.25 ' HOGS lio 2n0 $7.85 74 170 7.30 19 ZOO 7.30 94 130 7.30 10 12H B85 52 107 6.65 on 2 1S5 6.50 2 630 6.30 Section. Idaho . Idaho . Oregon Idaho Oregon Idaho . loabo Oregon Oregon Oregon Idaho . Washing Oregon Hogs for Seattle. Kennewick. Wash.. Feb. 6. George Flnley & Son shipped another car of hogs to Seattle, Wednesday and will ship another car in a few days. Denver Hogs $6.85. Denver. Colo.. Feb. 5. Cattle 500; market steadv; beef steers, $6.50(7.50: cows and heifers. $5.00(88.5: calves, $8.00(910.00. Hogs 647; market lower; tops, $6.85; bulk, $6.65S6.80. , Sheep 1000; market steady. Chicago livestock Lower. Chicago. Feb. 5. Horn 83.000. Market weak. 10c lower. Light I6.75Q7.10; mixed, $6,800 7.10; heavy. $8.607.10; rough, $6.60g6.75. Cattle 4O00. Market a shade lower. Sheep 10,000. Market 1015c lower. Kansas Gity Cattle Lower. Kansas City, Feb. 6. Hogs weak. 63 10c lower. Tops $7.16. Cattle Market weak, 6e lower. Sheep Market weak. 1032Oc lower. Foreign Exchange Rates. Merchants National bank quotes foreign ex change: , Ijondoa Sterling. S4.S7. Berlin Mark 23.00. Paris Francs 19.83. Hongkong rrCBrreucj 44. OK. PETITIONS REQUEST A FRANCHISE RULE BE APPLIED TO JITNEYS Employes of Portland Rail way, Light & Power File Petitions With Auditor. DEFINED ROUTER ASKED City Attorney X Socbe and Commli mlssloner Daly at Work on a Scheme to Beg-ulate Buses. Petitions said to contain 14,000 sig natures asking the city council to pass an ordinance requiring the Jitneys and the auto buses to operate only under franchises were filed with City Auditor Earbur yesterday afternoon. Thev were circulated by employes of the Portland Railway, Light & Power company, and contain the names of many residents of the suburban districts. The petitions will be sent to the council for con sideration next Wednesday. The petitions are so worded that the council is requested : "To enact an ordinance requiring that such auto buses and smaller auto mobiles be permitted to operate only under a franchise, in order that they may be conducted In a responsible man ner along- properly defined routes, with definite schedules and with reasonable protection to the patrons of such serv ice and the citizens of Portland, and we further request that, in the interest of public health and safety, such ordi nance tarry with It tlie emergency clause and be made effective Imme diately from and after its passage and due publication." Pending the adoption of set rules and regulations for the jitneys the ma Chines are ,to be operated under the provisions of an ordinance regulating taxicabs. Orders to this effect have been given to the police by Mayor Al bee and it is proposed to prevent over crowding of the machines. The provision under which the mayor hopes to regulate the jitneys prohibits machines carrying: more passengers than the seating capacity allows, un less all passengers have consented. Permanent organization of the Auto Transit Welfare society was. effected last Wednesday night, when about 75 jitney and auto bus owners attended the meeting in The Journal auditorium. A traffic Inspector was appointed, and Attorney Joseph, Page will act as coun sel. A lost and found department was created. Many requests- Were received from people in various' parts of the city ask ing that Jitney service be established in their neighborhoods. The members agreed not to circulate any petitions individually unless sanctioned by the society. Headquarters have been established at 607 Journal building, and the society Is asking that suggestions from the public be sent to this office. City Attorney La Roche and Commis sioner Daly are now working on a scheme for the regulation of the jitney. CRITICISM BY COMMISSIONERS City Officials Displeased at Failure to Repair County liosuls in City. The county commissioners were se verely criticised by the city commis sioners this morning- for their failure to repair county roads within the city, and as a result of the discussion a res olution is to be forwarded to the coun ty officials pointing out that it is their duty to make repairs imm'edl atel y. It was stated by Commissioner Daly that 92 per cent of the money used for road purposes in the county was paid by Portlanders and that a portion of this money should be used to repair the roads within the city, rather than going for roads entirely outside of the city. The discussion was started over the improvement of portions of Fos ter road within the city limits. To Beautify City Hall. Commissioner Dleck wants to beau tify the city hall and Its grounds in time for the Rose Festival. He pro poses to expend $916 In the work. An elaborated report and drawings show ing the proposed changes have been made byj employes of the department of public works and submitted to the other commissioners by Commissioner Dieck. It is proposed to paint some of th interior jtvork of the building, clean the outside of the structure, place flower pts In the windows, cut up a part of the cement at the Fourth street entrance and put flower gar dens In ts place. To Represent City. C. A- felgelow, commissioner of fi nance, and City Auditor Barbur have gone to Salem to present to the legis lators the city's views In regard to the contemplated change of dates in the tax law. City officials are pro testing against the legislature fixing a later date for the first payment of taxes, contending that the City will be without funds during certain periods of the year If the change ls made. s Electric Fire Gongs. Owing to the absence of Fire Mar shal Jay W. Stevens, who is in the east, no action is to be taken on the proposed ordinance requiring electri cal fire gongs of certain size being in stalled tn rooming houses, hotels and apartment houses. A hearing was held on the measure yesterdajr by the building Inspector and members of the revision committee but no ac tion was taken. Street Repairs Planned. Proceedings are to be started by the city for repairs to the pavement of Washington street from Twenty to Twenty-third streets. Commissioner Dleck was instructed by the council this morning to begin proceedings im mediately. May Get Sugar Factory. Eugene, Or., Feb. 5. A letter has been received from F. 8. Bramwell, one of the promoters of the proposed beet sugar factory In Kugene, stating that W. H. Bccles, of Salt Lake, Utah, who Is backing several such propositions in Oregon, is willing to locate the fac tory here if the proper beet acreaar is secured. It has been previously stated that It will require 6000 acres. This is the first definite statement received from the promoters. Com mittees will at once be appointed to begin the work of signing up the re quired acreage. Omaha Sheep Strong. Sou to Omaha. Feb. 5 tTattle. 2200: market slow to 30c lower: steers, $7.65(8.00; cows and heifers. $5.60(0.75. Hogs 18.000: market 6 cents lower; bulk, 96.724t.M: top. $4.8S. fiheep -6300; market staa to sfrone: year liar. $7.nOx7.90-. wthrs. 1.5046.75: 1 scobs, $6.73370; . $.006 JO. . ' - : GENERAL BUSINESS NEWS Local Manufacturing Firm Making Interior Hard Wood Furnishings and Finishing. Staterooms for the Steamship Santa Catalina. , MARION COUNTY BANKS PROSPEROUS The Parelius Manufacturing, com pany of Portland is -.supplying the cab inet work in the staterooms and in stalling all the interior furnishings for the cabins of the the W. R. Grace & Company's steamship Santa Catalina nove being repaired by the Willamette Iron & Steel Works. The flames which swept the vessel in the lower harbor some months ago destroyed all the wood furnishings. The work is pro gressing in splendid manner and the designer of the vessel, Donald Mathie son, of .N'ew York, is highly pleased with tiie quality of- work. The dining saloon, captain's cabin,, and wireless room will all be done in quarter sawed, paneled oak. The local firm will also manufacturer the book cases, wardrobe in the captain's' room and medicine client. Oiik win be used In this work als6. cne of tfie most significant fea tures of the work is the advertisement that Oregon fir will receive as result of its use in forming tlie passageway to -the captain's cabin. The hallway will be made entirely of the best qual ity of local fir. A name plate, bear ing an inscription, showing tha,t the wood is Oregon fir, that the lumber was furnished by the Portland Lumber company and work done by the Parellus Manufacturing company, will be fixed to the wall. The name plate will serve to call attention to Portland and Ore gon's product wherever the big vessel goes on her run from the Atlantic to the Pacific coast. Greece Buys Locomotives. A contract has recently been closed between the Greek government and an American company for the construc 1915. The locomotives-and tenders are the lines of La Societe dea Chemins de Ker Heleniqucs. The locomotives are expected to be in use by the end of 1915. The loeomoties and tenders are to cost $18,000 each f. o. b. steamer. New York. They are to, be of the type known as Mikado. Delivery of the lo comotives is-ito be made, within three months from the arrival at the factory of the representatives of the Greek goverment who are to overlook the con struction, and the deposit of the ne gotiable notes at a New York or . Lon don bank covering the cost. These. negotiable notes, deposit of which is to be made at once, will be delivered to the company on receipt from it of the bills of lading covering the shipment of Lord Bryce Fears Armed Peace Peril He Is Surprised That There Xs a Barty in the United States Demanding Great Military Preparations.' New York,' Feb. 6. Viscount Bry-ce, former British ambassador to this country, lias written to Nicholas Mur ray Butler, president of Columbia, In dorsing the latter's. efforts to bring about a reduction of armament. Mr. Butler is chairman of the American league of Limit Armaments and acting director of the division of Intercourse land education of the Carnegie endow ment for national peace. It is In "armed peace," asserts the former ambassador, that the greatest danger lies. 1 "We have been reading, with the greatest Interest," Viscount Bryce writes, "your article about military preparations and the creation ot great armaments in the United States. Is there really any large party that de sires that? "Here some people live In fear lest In fighting German militarism we end by creating a British militarism. But of this I do not think there ls much danger. . "The horror of war dominates every other feeling, except that of a needed ! roonl n I Inn 1 it fto-Vif It fhrnilvht ovij ex 11 vex us. all from another armed peace!" f SMELT RUN IS ERRATIC Rldgafleld. Wash.. Feb.' 6. Smelt which had made their appearance a few days ago in the east and north forks of Lewis river and then sudden ly disappeared were again discovered Tuesday In the same streams. As the result many hauls are being made and shipped away, to many points. Usually the smelt go into the Cowlitz river, but they were not found there, after much searching. After they, disap peared they were found in Lewis river where their recourse was. The amelt ran unusually early this season, but they have not been as abundant as In former years, the catch at this time being far short of what it was then. They are on the market here at 2 cents per pound and are of good size and quality. Many local fishermen are up on the east and north forks of this stream catching this va riety of fish. ' San Francisco Grain Market. San Frsnclsco, Hb. 6. Barley calls: Feb. 5. b. 4. Open. Clone. Close.' May $1-68. $1.0 A $1.70' St prices: Wbest. Walla Walla, $2.409 2 42V,: red Knsnian, $2.4002.42 -. Turkey red, 2,4.jf2.50; bltiest-ai. $2.50a2.55. fed barley. $l.o. White Hi. SI.S246tl-8S- Bran, $33.50iW33.00: middlings, ' $38 00(8 S.00; shorts, $-'i2.00iai3-.00. : ; Better Wheat , Weather. Walla Walla. Wash., Feb. 6. Walla Walla what received a bad Jolt Mon day and Tuesday when much of the grain in the hilly districts was washed out but yesterday's weather helped things along a bit for the wheat which romainoii In the arround. The soil .is reported to be thawing out and much of the excess momurs m vcm ." sorbed. Seattle Potato Market. Seattle Keb. 8. Potatoes Wblts Hirer $1 20; Vaklma (Jems. $2224; Burbsnks, $23 Onlona California. le; Orefoa lVe; Yiti- tna H4c A Frenchman has Invented a 'sub marine boat equipped with a heavy keel which can be dropped to permit the craft to rise to the surface of the water if disabled. Ladd & Tiltoii Bank Ettablishea 1859 CAPITAL AND SURPLUS $2,000,000.00 Commercial and Savings Deposits the locomotives; they are paya"bie sir. months after date, and bear interest at the rate of 6 per cent per annum. Provision s made In the contract f bale lor the swtuenitni ui- uny quvn tlona arising through the appointment of arbitrators; ths third member of ths arbitration board, in the event of dis agreement between the parties Is to be the president of the Societ of Civil Engineers of London. The contract has-been ratified by royAl decree. Marlon Banks Prospering-. Marlon county's 18 banks are in ex cellent condition, according to the seventh annual report of - the state banking department. The total re sources of the financial institutions is given as $5,857,696. The banks had on deposit, subject to check; $3.43.GilS. Sayings deposits amounted to $937,433. T'ndivided profits v;re estimated at $184,543. The United States postal savings deposits were only $11,473. This small showing in government de posits is declared to be an indication that the people of Marlon have full confidence in their own banking Insti tutions. Corn Grower SaoceeAa. As proof that corn ran be success fully grown in Oregon, 1J.' Kaufiman of Hubbard declares that .his crop of 1914 exceeded that of any previous year. Proper attention to the plants is said to be the main requirement. Mr. Ka Her man marketed 'some of his corn product and used the remainder on his dairy farm In Clackamas county. Wew Creamery Starts Up. Arlington citizens are pleased over the prospect of success which they predict will follow the operation of the new creamery which commenced business in that city last Monday. The plant has been equipped with modern machinery and appliances for the prep aration of the product. Hiw Companies rorined. Articles of incorporation of the Oer mania Pharmaceutics! company, cap italized at $-3000, were filed with Coun ty Clerk Corfey by Julian 8, 'Chybke, Kdward Fi Koehler and 15. L. Mc Dougal. Articles of incorporation of the Port land Pump company, cuptilized at $10, 000, have been filed with -County Clerk Coffey by C. K. Grelle, O. - H. Goldman and id.- J. Helser, "Strong Arm" Story Is Not Believed Man JKeportsd to PoU.ee He Had Been Bobbed of $96.60; Wot Known at Place Gives as Besidenoe. Tt V. fn vu tr w i n rnVA 1V1 nriflrKa as 315 Market street, reported to tlie poltee early this morning that shortly after midnight, he was licldup and robbed'of $96.50 by two unmasked men at Fourth and Main streets. He s.ihi that the men had slugged and left him practically unconscious. Detectives Mioloney and Sweiines found that an ag-ed pioneer coupler rhslde at 315 Mar ket street, whenj Power told the po lice he resldfd. and these people know' nothing of Powers or his wife. The home of K. McLean at 95 Kast Eightenith street was entered by burg lars yesterday afternoon and $12 and a a - usjiutir revolver were laHi-n. Robbers secured $4 in nickels from a peanut vending machine in the -Cali fornia Wine Depot- at 291 Yamhill street- , - . Captain of Detectives Baty received a message from Sheriff Parker at Ku gene yesterday, stating that ii. - K, Kelly of S59 Gantetiheln avenue and David Millwood of Seventeenth and Morrison streets srp under arrest U that city, charged 'with .larceny. - Charles R. Walters of 888 Union avenue, who reported to , the . police Christmas day that he had been held .up and robbed the night before by two highwaymen, who took $21. was ar rested this morning- by City Detec tivps Mallett and Price 'on - a tele graphic warrant from "Sheriff Schelle Matthews of Moncsano, charging lar ceny. . , F. L. Green and wife, Mary L "Green, were each sentenced to one to 10 years In tlie penitentiary- by -Circuit Judge Davh this morning for embezzling funds belonging to W. P. Slnnott. Mm, Gren will not be taken to. the peni tentiary at once, as Judge Davis de sires to Investigate her record. " Xew York Cotton Market. New York, Feb. 5 Cotton ' msrkst: - Month. OfMf. Hlfh. how. C!". - rfsnunry ......... ... ... Starch R7 7. S1 May WS MM Wi2 7 July ., t.1ft 1ft turn "7 Oct. : n:;s t2'i -w:a IH-c .-i2 t.2 H41 43 In-1913 Russia had 246,414,760 acres in grain crops. We Make MORTGAGE LOANS Promptly, in Large Amounts, on Improved Realty Capital and Surplus $600,000 LUMBERMENS TRUST COMPANY Corner Fifth and Stark Overbeck & Cooke Co. Stoeks, Bonds. Cotton, Orsha, Xto. aiS-fll7 Board of Trad Building. DIRECT PRIVATE WIRES TO ALL EXCHANGES ' Members Chicago Board ot Trade. Correspondents of Logan A Bryan,. Chicago. New York.