12
THE OREGON DAILY JOURNAL', PORTLAND, TUESDAY, FEBRUARY 1.- 1313.
IUROPE MAY BE RUNNING A -BIG BLUFF IN WHEAT GAME
Edited fey -Hyman.
11 Co lien
FAMINE ALONG.
Vi'HOLESALE STREET;
IE AT 50 CENTS
PI
Extreme Valua I Reached When
-an Almost General Lack of Of
ferings:.'. Shown-Storage Spec
ulator . JRap Enormous Profits.
As egg' famine o far as fresh, supplies are
concerned,. U Mbom, In the local wholesale
nerket. .Sale wrre mailt alone the wholesale
Var during the last 24 hours ss'hlgh as 43
HOOc a - dVusesw So little stock came forward
to tbe entire city that tbe case could be
con tiled on tbe finger of both hand.
- While 'sale were mace at ettreme . values
t-ecanse of tbe ahaoet general Iak of offer
lugs, still the figures are somewhat misleading
brcsnre it there was enough stock available,
to fill requirements . of the trade, value
wonld ssve abowa no Bach improvement. The
market 1 .entirely a weather affair and aa
such It would be. Impossible to forecast what
Is- going to happen Is the Immediate future.
V. bite prevailing value for fresh egg are
the highest reached this season to date, the
trade 1 not inclined to took with favor upon
tbe advance for tbe aeaaon that the-break
la prices will be more sensational than ever
before when arrival begin, to snow a normal
state. . . . - V
la tbe - 'meantime, the speculators who
brought In 'eastern cold-'atqrsge 'stock are in
clover, making net profit of from S to It
a doses at 85e for the day.
BLUESTONE HIGHER AGAIN
: Still another advance ta being quoted in th
price of Maestone In tbe local market. Tbls
t:me tbe rise waa only Mc a pound, bat la
connection -' with tbe -recent advance of 4c
pjakea the price the highest, on record.
Ii UTTER ;, SUPPLIES SCANT
Supplies of creamery better are scant locally
si far aa fresh make- la concerned. - All of the
leading manufacture report - a " dearth of
cream offerings. This is cot ting them mueb
u ore - than normal because of tbe extra coat
of baollng ln various district.
VEAI BIARKET IS SLUGGISH
Sluggish market for country killed calves la
town along the street with a general inability
among the trade to clean up. at is not ao
much tbe question of price at tbU time aa to
find soma one -willing to buy.
- . - - - -; T-
SUGAR ADVANCE IN EFFECT
Advance of 13c per hundred pounds In tbe
T rice of refined sugar forecast, yesterday, la
i.ow u effect along the eoart. Tbe advance
includee'all grade. Cuban tuteresta are said
t have . forced the rise.
CHEESE FAMINE STILL OX
With no relief In tight because of various
coudltloua, tbe famine to the cheese market
1. - still en. Trade in general 1 expecting
TiUrnteok to quote a sharp rise because of
the, report that holdings there are limited
BR1W, NOTES OF THE TRADE
- Potatoes and onions firmer and nigber.
- Hide market continues strong everywhere.
Hop trade i a nominal affair. v
Offerings of storage apples from the Interior
ar- fair. .. .
. Country k Hied bogs are firmer along tbe
etree v.-
Canned Salmon . Is '
a Iilkely to Show-'a;
v Better Tone in?16
, ? . '-"jL1"-
Shorter; Pack in ; General Expected
; and Alaska, Reds Are Expected :
,. j to Advance. ' - '
The beat market that the canned - salmon
trade baa known for years is now la sight for
Pacific coast operator. . -:
Demand - for canned aatmon from domestic
centers continues liberal for the Columbia river
offerings, and other grades are almost ex
hausted, v. - -n . .;::.? ' -
With prospects for a smsller output ef
Chinook aioag tbe Colombia ' during the 1918
season, aa cotnnared with last year, owing to
the probable late start of -operations, due to I
wertaer . snd wster condition. uiere la every
ptorpect that the ' coming season's output will
sell at full price's of the 1913 season. ' . -For
Alaska reds the prospects are 'evea. bet
ter. : - Stocks' of - red - are exhausted - at all
points. Thev demand was fully 25 per cent
bUter than offerings, and on tbls account, as
well as tbe fact that tbe coming season prom
ires to sbow a abort output of Columbia river
Chinook, aa well as Puget sound sockeyes, aa
well Sis chums and pinks, tbe indications sre
that reds will opes about a dime higher tDan
in 1915. ' .- - V 't-i
Chicago Wheat Has
Shrirp-Upturn in
The Early Trading
Cheago. Fob. "1. (I. N S.Tbe- grams
opened slightly op today, and after a -brief
reaction established a fairly firm position at 1
to 2c up from yesterday's market. IrreamlaK
itles ruled, however, and frequent declines
were common. The market could be charactex-J
ised as a clean-up affair, and with stronger
cables and general Dewa ravonng the bull atde.
a eontinuatloa of tbe upward movement is
looked for by tbe trafle.
Commission houses Ssold. heavily this morn
ing on tbe profit taking basis, and the under
current buying on the declines was apparent.
After fluctuating freely on a wide range,
prices st tbe closing today were from lc to
Sc above the. opening. .Wheat closed only
lac under the day's high prices. Corn and
oats were about even with the high level.
, IHPPEKS' WEATHER NOTICE
Weather bureau sends . tbe following notice
to shippers. -
Protect shipments during the next 48 hours
a far north r Seattle agelnitt minimum tem
peratures of' about 32 degrees; northeast to
pokaue,. 20: degrees; southeast to Boise. 28
-iegrees; south to Ashland, 38 degrees. Min
im unf temperature at Portland toalght about
i.2 degree.j-j -
JOBBING PRICES OF PORTLAND
These prices are those at wblch wholesalers
sell to retailers, except as otherwise- stated:
'' -"- fairy Produce.
'. BCTTEaV ''- City creamery cubes, extras,
T,2v; firsts, '90c; seconds. 2c; prints and car
I'Jis. extra; country creamery, cube. 25i29c;
tirage aSja6c; Oregon dii fry . ls&t lttc.
BUTTEkFaI Portland delivery So. 1 sour
crecm. 82e; So. 2, )e.
EUUS Selling price by dealers, delivery
extra Selected fresh. 4o5Ue dozen; caae
count, Oregon rsncb, 43c.
L.1VJS -PuULTKY , Hens, besvy Plymouth
Rok. 15(tl0c: ordinary chickens, 14c; springs,
lWt3- lbs.. t3c lb.; turkey, 23c; dreted.
rt'ncy-aawJuc; culls, 20ct21c; plgtona, gle
1.23; S'tusbs, $1.2u dozen; preese, . live, 108
.1U; Peklu , ducks, old, 16c per lb.;
yottujr and vheavy, lc; Indian Kannera, 134$
: JAckRABBlTji-niney. 2350c dosen.
: HEiiSK tSelllug price Fresh Uregon fancy
" fnl cream- twlna- and triplets, ISiic per lb.;
Vcung - America. lUc. 1'rloe to Jobbers.
Hange of Chicago prices furnished by Over
beck ft Cooke Co., 216-217 Board of Trade
building: i -
WHEAT.
" Open. High.
May .... 132 135
July ......... 124 120
COBJ. -May
......... 79 80
July 79 80
OATS.
Mar 50. 2
July ......... 47 48
PORK.
May ...... ..2052 20ST 2023 2047
July .2012 2082 2060' 2060
LARD. '
May ...... ..1032 . 1032 1005 1020
Jul 1037 1040 1022 103?
RIBS.
May .. '..lOBlJ5 1095 1082 . 10fl2
July .1100 1103 1097 1105
Low.
130
112
: 79 ,
", ?
46
Close.
134
125
80 B
80A
61B
48A
DAIRY PRODUCE ON THE COAST
Seattle Market.
Seattle, Feb. 1. (U. P.) Butter Native
Washington -creamery, brick. &4c do. aolid
pack. 33c.
Cheese-Oregon triplets, 18c; Wisconsin
twins, 21c; do. triplets, 21c; Washington
twins, 18c; Young America, 21c,
Kggs Select ranch, 42c; April storage, 30c.
Baa Francisco Market.
San Franciaco, ' Feb. 1, (V. P.) Butter
Extras, 30c; prime firsts, 2c; firsts, 27c
Kegs Extras, 33c; pullets, 32c
Cheese California fancy, 17c; firsts. 13 c.
, Los Angeles Market.
' Los "Angeles. Cel., Feb. J. (P. N.
Eggs, case count, 86c.
Butter Fresh extras 32c,
POTATOES ALONG THE COAST
Baattle Market.
Seattle, Feb. T. 0. P.) Onions Oregon,
2c; Yakluian, 22c. -
Potatoes White- River. $25(227; Taklma
Burbanka, $3333; Taklma Gems, $3234.
Ban Franciaco Market.
San Francisco, Feb. l-(0. P. Potatoes
Per cental, Ballnaa Burbanks, $22.10; Delta
Burbanka, $1.76i2: Delta fancy f $2.25; Ore-
roo, 1.401.75; Idaho, I1.606J1.75; aweeta,
2.152.28.
Onions Per cental, $22.2S.
TRANSPORTATION
3an Francisco
Eos Angeles
' Without Caangs Beat) ;
Tn.Iig, iv; -
ClSaA. - -r
Comf ortAol. " . -
,-aegaatly AppointSxt, ' t .
ten-Oolaa: Btsamahip
.BEAR
ailB rroxn Alagwortn Soek
3PoM FEB. 5
100 aoldaa asilea on Columbia, Kiva?. 1
AH Xatas Zaolad StftA gji amnnta.
TablnaT and. Sarrloo VaxeUsa.
"Ha Ban rraaclaco Vortlaad B. 8.
1 a., ShirA Ht Waahington stav
twita' O-W. S. a jr. Co. ta Broad.
. . way 4500, m.-ei3X. j
X0RTH , fACino, CIXAMaXU CO.
iCBJLKA AkTB aAH FB, AM CISCO
S. S. KILBURN
- Bandny, rbrusU7 t, 6 p. m
iiriiia';
San Francisco
KAKTA-'BAKbARA; LOS a.(iiXU
AsiO KAK DIKOO. :
3. S. BREAKWATER
Sails Wednesday-, Teh. S. p. as.
Xtekes Oitua USA iaml at. -
fksBss kin Il.: A-U1V .
: 3'
D
0
0
i
Loa Angeles ana - ban , u.ego
LUZHPS YALE AND HARVARD
'od or any steamer to Sao Francisco,
iiKjatdon City. ; Largest, fsstest and tbe
trtctly . t lrst-elass passenger ships
tHt. Average
K.iO.OOO each.
Average .speed 28 . miles aa
rAJTCISCO. rOBTXJLH2 to i
XiL 1 AWOEXiEB B. 8. CO. A -
irank BoUam, Agent. - - r.:
124 Third St. Main A-439S . ' -
With D. A B. a. B. R. ?
ite-1 si n
BAILS D IHiCT FOB r
CAU FRANCISCO j.'';
n" Aiiseles - San Diego
1 9 d. m. Thursday, Fsbruary 8.
) clwo, Portland A Los Angeles
' .. Krshk Holism. Agent.
6TS.EZT. "A-4596. Main S8.
flats, 17c; Toung America, 18c f.'o. b.; cream
trick, lSQ20cTTtmberger, 20c lb.
Fruits and Vegetables.
FRESH FRUITS Orsnges, fancy: navel,
$2.003.25; bananaa, '6c, lb.; lemons, (3.0OQ
4.50 box; grapefruit, Florida, 405.50 case;
pineapples, 7ac per lb.; peara, l.52.0O;
gnpe. 7e per lb.i tangerines, tl.60 box.
APPLES Local. 1.2a2 per box. according
o quamy.
ONIONS LocaL $2.25 2 J40 per cental as
sociation seating price carloads. S2.00 f. o. b.
cccntrv nolnta: rarlic 15e lb. '
POTATOKo Selling price Local, gl.50
1.75; buying price, 1.10aL5 per cental;
sweet. 2.75a!3.00 . - - -
'BGBTABLKS Turnip. gl.OO; beets; fl.OO
per sack; carrots, f 1,00 "per ack ; parsnips,
fl.OO sack; cabbage, 11.75 per cwt. ; green
onions, sue per oosen ouncQes; -peppers, Dell,
15c; head lettuce, California. $2. SO per crate;
celery, California, $4.75; cauliflower. Call
fornla. S2.25. per .-crater; French artichokes,
91.40; string beans, 15c; bothouae cucum
bers, ( ) dosen; tomatoes. California gl.75
cranberries local. ' SIOO; oaatera, tlLOOQ
ix.uu par oarrei. . ; j . ;
Meats, Fish and Previsions.
DRESSED MEATS Selling price Country
killed:. Fancy bogs, 9c; poor, 78c; fancy
veala, ll12c; ordinary, lie; poor, -78c;
foata, z$4c; spring lamoa. iuc: mutton,
4J8c lb. .-- .-
HAMS. BACON. ETC. Hama. 15ffl20cs
breakfast bacon. 1828c: . boiled-hama. 29c;
picnic, 10cr cottage roll. 18c; Oregon ex-
norts. HViai3e lb. I , - ' .
OYSTERS Olyrupia. per gallon, fSi; canned
eastern, ooc can, sju oosen; eastern in sfteii,
$l.ao per 100; razor clams, 12e dozen; east
ern oysters, per gallon, solid pack, gs.oo.
FISH Dressed flounders. 7c: cteelhead sal
mon, 12c; perch, 7 8c; lobsters, 23c; silver
smeit, ttc; -saimon .trout, -izo id.; naiiDut,
ail2c; Columbia smelt, 7QSc; torn cod, 7c;
black bats. 744c lb.
CRABS Large, S2.00; medium, 11.60 dosen,
stsadard. 10c.' .
. LAUD Tierces, kettle rendered. 13c;
stauuvu, uc,
Oroosriea, . -: .
SUGAR Cube, S7.15; powdered,' 7;. fruit or
oerry. t.io; net ( i; ory granuiatea.
S0.75; 1 yellow, fa.95. L (Above quota Uou are
80 days net cash.) t '-r. . -
KJU1& japan style . a, c;:."ew Or
leans, head, 646e; blue rose, 6e.
-- SALT Coarse, half grounda, -M0s 10.55
auA KW S1 OA. o.L. 1 'KSV SS a .
yci wu was f ii.nri iiuin ururj r afsjn, fio,
10s, $17.50;-bales. $2.25; lump rock; 120 per
Mill, ' W .. ..- ..'.-L-I-T.
BEANS Small " white. $7.25; large white,
$7.25; pink, $6.75; limit,: 411.00 ; bayou. $.7S;
in, eo.uv. i -
; ' Bona. ' Wool and Hides. '
etoice. la 12 c U. prime, loifllc; medium
n prime, iqc.
HONEY New, $3.2541X50 per ease. '
WOOL Nomiasl, 1915 clip; Willamette val
ley, coarse Cotawold. 2528c; medium Shrop
shire, 25 26c- chotae fancy lots, 25c;. eastera
. HinEatlaIlul klilM! ton lh and n 1 AXL
salted stags (SO lbs. and up, 11c; salted
kit (15 lbs. to 25 lbs,), 15c; salted calf (up
to 15 lb.). 18c: green bides (25 lb, and nnl.
ISc; green atags (y lbs. and up), cj green
kip (IS lbs. to 25 lbs.), 15c; green calf (up
to 15 Rm.1. 18c; dry flint hides, 23c; dry
i tint eau tup w t im.), xtc; dry salt hides,
20c: -dry horsenldes. each. oOcitfSl.OO: salt
horsehldea, each t2.O0faa.0O; bonehatr,:, 25e;
ury aong woot petta. joc; ary anort wool pelts.
iw; ary sneep snearuigs. eacn. iinuc; salt-
w nwai .ukv, c-u, . ---
, TALLOW No. 1, 6il5c; No. 2; i15c;
grease, 83c. - ? - .
ClUTTlM OR CASCARA BARK Buving
price, per car tots, c; less man car jots, de
- i Faiato and Oils.- - : -'
LINSEED OIL Haw, bbhw, trite gallon; ket
tle boiled, bbl., S8c; raw,- cases. Vie; boiled,
eases, 93c gal lots of 2SO galloos le leaa... ,
COAL OIL Water whit, la drums- and
tton barrels, 10c. - - , .
TDhM-ENTINK Tanks, 7c; caaes, 74c gal-
WHTTB LEAD Ton lots, 8e lb.; 500 lb.
tots. c; less tots, per lb. - v
OIL MEAL Carload- lota, . $34; leaa than
GASOLINE Bunt, 14e per gallon.
(Ml
TRY BIDS ARE -
ON THE SAME BASIS
AS IB'ATER NOW
Wheat Markets ,- Are Almost' Unl
form at All Polnta in Pacific
rorthwet--Temporar7 ; Lull In
-Buring by Enrop May Be Bluff.
- 1 - - .--
- NORTHWEST GRAIN RECEIPTS ?
-Cr-
Portland. Tues. 12
xear aa-o.. -. 41
Season to date.. 8,980
xca ao. . 13.127
Ticoma. Mon... . 29
l'ear ago u
reason to date.. 6,702!
Year aro..- 7.417
Seattle, Mon-.. 47
Ttar sgo s
besson to date. . 6,513
Vtar ago.. ,018
Wheat. Barley, kior. Oats. Hay.
11
1304
1446
1
484
r 427
,2
3
1065 ,1530
839 1577 i
4 ' 2 . 12
"2' 3 ' 4
1128 , T98 1513
1558 - )5U 1410
.- a 22
-. .. '- " t - u
.. 245 1840
408 2305
3 . 4 So
9 ' 2 16
T27 2959
902 3214
With ouotationa at country nolnta on aub-
UnUally' the same basis as tidewater for the
first time in tbe history of the local trade,
there Is practically nothing doing In the mar
ket at the moment.- ? .
While it is re dot ted that one exporter was a
fairly liberal buyer at Interior points during
tbe last 24 hours, practically the entire trade
has withdrawn country bid' temporarily, or
until the market aettlea.
While the fact that Europe has- been a re
seller oC its purchases of American wheat at
Atlantic coast ports during the last . few days
is at present the eliminating factor in tbe
market, it is believed that the action of the
foreigners is another on of those big bluffs
that have been worked several times during
toe present season. -
several times - the foreign interests have
laid down and reported that they bad all the
wheat they wanted, but the moment that!
tney lorcea prices to aa low a mark aa they
could, they instantly jumped .into the market
lia a quiet way and began to purchase. The
present Inactivity of foreign buying may be
another one of those incidents for. which the
xoreign trade is famous.
Country holders are not ao Inclined to sell
and tbls. too, is a factor in making; the rade
nominal airair at toe moment. '
FLOUR Selline- mice: Patent. 25.tUH Wil
lamette valley, $5.S0; local straight, $5.00
5.40; bakers' local, $5.20 5. 60; Montana spring
wheat. $6.30; exports, $4AO5.00; whole
wheat, $7.05; graham. $3.10; rye flour, $3.95
per barrel.
HAX Buying price: Willamette valley tim
othy, fancy. $16tj 16; eastern Oregon-Idaho
isncy timothy. sia.5O19.0O: alfalfa. S18.50:
vetcb and oats, $14.0015.00; ' clover, $13.51x3
GRAIN SACKS 1916, nominal: No. 1 Cal
cutta, L2ftjl3c in car lots; less amounts
higher, - ' ,?
MILt STUFFS Selling price, carload lota:
Bran, $23.60; shorts. $26.00.
uegaruing tne recent neavy Doying ftz wneai,
the Lewlatoo, Idaho, Tribune of last Friday
said: - ,
The record price for wheat this season was
paid yesterday for fortyfold at Peck, when a
purchase waa made by a .local buyer on the
besla of $1.04 per bushel f. o. b. Peck, which
would, mean at least $1.01 net in the ware
house. - E. Allen' of Albers Bros, bought 600
sacks of Turkey red at Culdesac Wednesday
on tbe basis of $1 for first grade, while the
seme price wss paid for 4O0 sacks of Sooora.
Albers Bros, also bought from William Ehlert
9000 racks of barley In the Sweetwater and
Tammany warehouses Wednesday, tbe price
being $1.27 per 100 pounds, and oats were
bought in Garfield; the price being $1.27 per
1W pounds.
Comparative bid prices off Portland Mer-
Wool Situation Is v ;
; Strong Factor, in ;
Leading Centers
--:" : f l'-'-l,
AH Domestic '3farket Are Firm
' and Active and Foreign; Trade
Best of 'Season. '
The sUto of the world's wool rrada Is
showing Increased strength. Efforts of the big
eaatern- mills . to secure contracts, on - Padfic
northwest . clips are well under way. and a."
number of the leading producers hava already
been approached with offers to purchase at
advances of 1 to 2c ore year- ago. -,
Trading In the wool marset at Atlantic coast
centers is now the most liberal of tho-sea sob
to date.: and tbls 1 a direct aid in farcing
some fractional advances in prices and forcing
the domestic trade more on a parity with re
cent .foreign advaacesv-vi:v.:..'H:
The British government la again engaged ta
placing orders for military supplies. Tenders
bave been Inylted tot large quantities of socks
and Jerseys, for greatcoat cloth, and for whit
serge lining for hospital uniforms. : Yarn and
tops have been sold for the covering of orders
already placed. -and there la an extensivo In
quiry, indicating that a lot snore business may
be expected. Spinners are also-reserving in"
qulrles for orders for khaki tunic cloth, but it
is not .known that orders .for this cloth have
actually been placed, snd the inquiry . may
partake of tbe nature of intelligent anticipa
tion. Thre is, -however, a widespread feeling
that with the rapid extension of the army for
which the machinery now eklsts tho war office
will again, have to make large Durchases both
of uniform cloth and army hosiery. , The year
Mondav
foe nniltfv. 1-i
1 certainly starting very well for manufac-A .nri h mt.t ; .i
HlMM . n .4 t t A . . k. .1.. .1. .. 1 . . -. .
turera. and there Is none -of the slackness
which (sensually fqnud in the wool and yarn"
market it this season. Prices bave undergone
no change since the rise which culminated just
before the Christmas holidays, but they are
firmly maintained, and are more likely to go
higher than lower.
A report from Bradford, England, says that
with regard to the Issue of licenses for the ex
port of wool from that country to the United
States, which Is now proceeding very slowly,
tbe attitude of tbe authorities seems to be
that American, users bave bought ao liberally
In the colonies that no particular injuatlce will
be done to them by preventing them from de
nuding thia market while supplies are light.
Licenses are not suspended altogether. For
topa and yarna, and also for noils and wastes,
they can be obtained without difficulty, and aa
arrivala of - wool increase, - the - present strin
gency will doubtless be correspondingly amel
iorated. It is still the earnest desire of the
government to foster exports to the United
8tates as much as possible for the purpose of
supporting tbe exchange, and any limitations
imposed will be dictated, solely with reference
to tbe higher Interest or maintaining home
production, especially where this is concerned
with articles necessary for tbe prosecution of
the war. t
chanta exchange:
if western
Fortyfold ....
(Jlao
Red fife
Red Russian
Tuesday.
log
99
97
IW
96
i'esr sgo.
133
152
151
102
143
With a sharp advance in Chicago during the
day, there." was a like movement of prices on
tbe Portland Merchants exchange. February
wheat bid closed iQ3c a bushel higher with
tbe exception of the red, varieties, which were
down lc. No sates. .
Oats bids were steady and unchanged. No
barley bids. ;
Merchants exchange - January prices:
WHEAT
Tuesday Monday,
Btaestem . . .
Fortyfold . ..
Ciub
Red fife..;..
R. Russian...
Feed
Bran
Shorts
Ask.
110
102
103
102
Bid.
. log
99
..97
a 99
e a. 9tS '
OATS
.2700 225
MILLSTL'FFS
.2100 235 -.230O
2500
Futures were quoted:
WHEAT
Msrch bluestem .
March fortyfold ..
March club
March fife
March Russian
Bid.
105 .
' 98
m
07
7
2700
2100'
2250-
March
taarcfc bran .
March shorts
FEED OATS
MILLaTUFFS
Bid.
...10g
. ..loo '
.. n
MI 97
. .2725
...215
. . .2360
Ask.
108
104
. 105
104
'104
28001
2300
2500
Ak.
C 111
"104
11
2900
'2400
2600
BANK STATEMENT OF COAST
Clearings
Monday ...
Tuesday ...
Clearing
Balances
Clearing ..
Balances ...
Portland Banks. '
This week. . Tear ago.
. . .$ 1.793.902.71 $ 2.663,45.4
.....1. 732,430.59 2,259,698.27
Seattle Banks.
.t ..............
Taooma'Banks.
.......a
$ 2.282,570.00
Z69.177.O0
o
811,764.00
60,246.00
XiOa 'Aagelee Banks,
Clearings .....................$ 3,557,732.00
8aa ' Franoisoo . Banks. - -
.$10,410,986.00
Clearings
BOSTON
COPPER
QUOTATIONS
Boston, Feb. 1. Cofcper bids:
1
7k
23 4
77.
6U
Adventure
Ahmeek
AJlouez ....
Arcadian ; . .
Alaska : . . . .
Baltic .....
Butt Sup..
Call Aria.
CaL & Hecla6&0
Centennial
Cblno ...... 62
Cop. Raffiare. 629s
Daly - west. . ii
Franklin
O.-Cananea .
Gmnby ....
Hancock . .
Helvetia .. . .
Indiana
Inspiration .
Isle. Royal e .
Keeweenaw .
Kerr Lake
$
15
7
27
1
3
Dominion 62 H
.jm 85 7(
Mohawk
Nevada Cons
Butte ..
North Lake. .
Old ; Colony
oia do
Osceola
Ouincv Si
16 Ray Cone.... 234
Shannon ..... 9
Shattuck ....324
Superior ... 22 j,
Bun. A Boa!. . -3
91HlSwl Pack... 125
17 iTamarack . 55
40 i Trinity .... 9
; 4 Tuolumne .. 2C
44 j (United FrnU.lS7U
27 lUn. Sh. Mach. 64
g I ao pi.
.9
47
4Vinnlted Zinc. 8X4
ia Kaiie ... . ; u. o. emeiier btt
Lake Copper 16t - do pfd. ,49
Mason Valy. , 3 ViKJtah Ape
Mim Mininsr HVi
Mayflower . 85
Miami ...... is1
Michigan ... . 1
Utah Cons
Victoria .....
Winona .....
Wolverine ...
2
12
.3
' Chicago Produce Market. .
Chicago, Jan. Slv I. S. S.) Botter stesdy,
eggs -steady.'- : :- 1 -
: Butter Receipts, 9704 tubs; creamery ex
tras. 80c; extra firsts. 1 28Vtf2c; . firsu, 25
tx27c; seconds,' 2324e; dH tries extraa, 29e;
firsts, 25 25c ; eeeonds, 20i!23c; packing
stock, I9j2044e; ladiw, 21CS21HC
Eggs Receipts. 8884 esse-:- firsts. Sfte: sr.
dinary -firsts. 27? 28c; miscefianroua lots, 24
Uiw: im, wttonc; enress, toziacj air tie.
144 17c; storage Aprils. 1418c .
i . -i- -.slBBBUanaansaaassaBayaVaSBSssBsa
'-.'Eastern Barley Slarkets.- -
Kansas City, Mo, Jan, 3L (P. . S.)
uaney, oic. - ' ' - , r
31. Barley, lc lower; malt-
Chicago, Jan,
Inc. 75u81c.
New Tort, -Jan 31 (I.
steady; malting,. 8385c -.
N. 8.) Barley
iregon Apples in South. : t
San Frsnclsco, Jan. 31 Apples, per - box,
Oregon snd Wsshlngton: Spltaenberr. l.!Wi
$2.60; ' Ben Davis. gL15Q1.40; Koman beau
ties, i.-oia !.. -
AMERICAN LIVESTOCK PRICES
Denver Hogs $7.88.
Denver. Feb. 1. Cattle 600i steady. Beet
steers, $6.007.5O; cows snd heifers, $5.0O
6.60: stackers and feeders, $5.507.25; calvea.
Hoga 3100, weak. Top $7.85; bulk $7.65(2
7.76.
Sheep 1600, steady.
Chicago Hogs $.10.
Chicago. Feb. 1. il. N. S 1 Hrxrs Rjwtn
27,000, steady at yesterday's sverage. Bulk
of sales, $7.S08; light, $7.407.95; mixed.
$7.607.O5; heavy, $7.08.10; ; rough. $0.70
Cattle Receipts 5000. steady. Native beef
steers. $6.406.9.00; western steers, $6.60
S0; cows and heifers, $3JQ8.15; calves,
$7010J. .
Sheen RecelDts -10.000. ateariT. Wthor
$7.35.8; lambs. $80 10.65. -
- St. Louis Hogs $8.2$.
St. Louis. Feb. 1. fL N . S.l Hon Tte-
celpts O0O0, steady. Pigs and lights, $08.15:
mixed and butchers, $7 .90 & 8.25; good heavy,
$o208.25. '.
Oattle Receipts 1500. stronir. Native heef
steers, $70&9.50; yearling steers snd heifers,'
$S.509J5; cows, $5.507; southern steers.
a.zou; cows ana heifers. $4 6.50; na-
uve catves, svqio.do.
Sheep Receipts 6500.. steady. Tear Una
$6257O809-a5: Umb' S1-65; ewes.
Kansas City Hogs $8.
Ksnsas City, Mo., Feb. 1. (I. N. S.) nogs
Receipts, 20.000. steady: bulk of ssles. t7 S
to 7.90: heavy, $7.85ra8; packers and butch
ers. 7.704i7.95: liitht. 37.50fi27.85: $ nla-a
$6 50Q7.
uatue Keceiprs ouo. strong. Prime fed
steers. $8.40r8.75: dressed beef steers. S7a
8.26; western steers,- $6.508.4O: stockers
and feeders. $oQ75; bulls, $5fij6.50; calves.
$U.50fttlO.5O.
sneep receipts lo.wo. burner. Lstmbs. fin
tj;10.60; yearlings, S8.50419.25; wethers, $7.25
S; ewes, $6.75437.35.
Seattle Hogs $7.75.
Seattle, feh. 1. Hoga Receipts 1951,
hlcher. Prime llrhta. S7.75: medinm tn choice
$7.6O7.70; smooth heavies, 7.10Ji7.25;
rough heavies. sa.tiUM0.T3; pigs, aa.JO$$T.23.
Cattle Receipts 100, steady.- Best steers,
$7.7576; medium to choice, $7.357.50;
common to medium, $(V&6.75; best cows, $5.75
tltljio; common to medium cows, $3.5Qtt5;
bulls, $3.505.50; calvea. A3. 50 8. 50.
. Sheep Receipts none, steady. Lambs, $7.25
Q8; yearlinga. $6.50j7.6O; ewes, $4JKflu.
, Today's shippers: --
Hogs Baker, Ward aV HarrlDgton. Caldwell,
Idaho, 784:- Miller A Dunn, Nam pa. Idaho,
449; G rover Bros., Payette, Idaho, 210: W.
H. Evan. Pilot Rock. Or.. 198; J. Q. Hack
ett, Wallowa, Or., 110; Portland Feeder Co.,
Burley. Idaho, 110; Elgin Forwarding Co., Jo
seph, Or, 102. a
Cattle Hansen Livestock Co.. Logan, Utah,
54; Miller A Dunn, Nampa, Idaho. 52.
San. Francisco. Wool.
Sen Francisco. Jsa. 31. (I. N. S.) Wool,
per pound:. Humboldt and Mendocino,- 8
months' growth, 214322c: do 12 months, 25f
28c: middle counties, 8 months growth, good,
17J19c; do fair, 1517c; -Bed Bluff and vi
cinity. 2023c; southern California rail and
lambs' wool, 1215c; Nevada stock, 184220c;
according -to quality.
St. Louis, Jan. 81. (I. N'. 8.) Soarhera
and southwestern, medium. 31 Q32c ; medium
lonee and heavy, 27SOc; coarse, and low,
2t2c; barry slightly, 25H2ttV4c; burry
bard, 15 16c; fine light, 21j25c; fine heavy.
1620c.
Northern and western medium bright, 28
tie; medium dark, 2729c; burry slightly,
2425c burry hard. 17Q18c; fine Jlght. S2&
25c; fine heavy, 1620c; fine burry and
becka, 13(3 15c.
Tub washed No. 1, 4344e; No. 2, 294234c;
berry, 2026c. -
Mohair, long matrons. 2727c; short and
coarse. 2023c; burry. 164822c
San Francisco Grain Market.
' Bsn Franciaco, Feb. L Barley call:
Feb. 1. .- Jan., 31
Open. -.; Close. Close.
May 14114 143 141 B
December ....133B ,, 142A 132B
Spot quotations Wheat Walla Walla,
$1.85Jl.fe7V; red Russian $1.82V1-7H ;
Tuikey red. $1.92 1.97H ; bluestem, $1.9543
2.00. - '-V ' . i.
Feed barley $1.351.87 f brewing, ft.45.
White oats $1.50ai.65 ,.
Bran $24.002S.OO; middlings, $30.00
81.00; shorts, $26.5Xi27.00.
New York Cotton Market. 1
ONLY ONE SHIPPER
REACHES THE YARDS
; AT NORTH PORTLAND
J S. .Flint Has Honor of Bringing
: In Only',, Arrivals --General
Trend of livestock ' Trade -. I
Good No Mutton or Jjambs.
PORTLAND LIVESTOCK RUN',
. - - slogs, catue. tjsive. eneep.
190
fl4 V
76 .
Tuesday
Monday
Saturday ..
Friday - ....
Thursday- 470
Wednesday ........ 901
Week ago...,,,,.. 721
Tear ago. .4 i . ...... 162
Two years ago..... 159
Three years ago.... 181
11
1007
. 6
. 133
27
31
88
10O
-r-:
V-83
976
..
a
162a
324
1608
5
737
J. S. Flint waa tbe sole occupant -of : -Jie
North Portland yards today. Flint,i had the
distinction of being the only ahlopef. to eater
tbe North Portland yards during tkjt last 24
hours., the weather being- against tnaoe liberal
supplies. He had one load of hogt- la from
Eugene, and a mixed ioaa of cattlei nT hogs
from Junction City, his old stamping grounda.
' Market for livestock in general f . showing
a faTorablctrend at North Portland, t Hogs are
noiuing iirm at run prices obtaine
Choice light weights t.507.55
Good light weighU H-30fiz7.40
Medium weights ... i U5Q7.25
Rough ami heavy '.006.50
Cattle Market Steady. (,
Even the eattle market, la now nldered
safely steady at North PorUand. i Monday's
showing of $7.60 7.75 for top pulp Vid steers
Indicated thi fact. ',
Aside from a handful of stuff fromithe Wil
lamette valley during tbe day there were no
offerings of cattle at North Porttaipd. The
outlook is therefore mere hopeful.
Grain fed stuff has been conspicuous by Its
sbsence recently, most of tbe offerings being
bay atuff.
General cattle market range: -
Choce pulp fed steers $7.6017.73
Choice grain fed steers., 7.407.C0
Ordinary grain fed steers..., 7.407.50
Choice hay fed steers....... 7.25(7.35
Good steers 6.75a7.oo
Ordinary to common steers. 5.004i3.50
6.25I&6.35
6.25
. 4.00425.7S
. 8.7534.50
. 3.0O3.5O
. 2.00Q2.75
8.00
. 7.00(37 JO
Choice cows.
Ordinary to common cow a. .
Choice heifers:
Ordinary to good heifers...
Choice bolls.......
Good to fair bulls.
Ordinary to common bulls
xhi ufsi csuves
Good calves
No Mutton Available.
No arrivals were shown In the mutton or
lamb division of the North Portland market
over night. General trend of the trade coo
thanes most favorable, snd the extreme prices
of Monday are being generally offered.
General mutton and' lamb range:
Choice weight lamb
Good to common lambs...., ,
Poor to fair lamb.
Choice yearling wethers-,.....,
Good to common yearlings. .........
Old wethers ;
Choice light ewes...
Good to common ewes....
Monday Afternoon Sales.
$ 8.55
8.00438.85
7.KXjg7.25
7.50(87.73
6.757.00
6.25Q6.50
6.55ft6.75
6.00436.25
No Av. lbs. -Price.
2 cows 1410 $6.25
1 cow i.. 930 6.50
CALVES.
1 calf ..230 , $8.00.
2- calves 176 7.S'
9 calvea 200 7.25
BULLS.
1 boll ; 1240 $4.60
HOGS.
90 hogs 223 $7.50
30 hogs ...................... 230 7.65
4 hogs 206 ' T. 50
100 hogs ISO 7-59
'79 hogs 200 7.50
13 bogs 220 7.50
85 hogs 200 7.50
101 bogs ... 170 7.45
38 hogs .... ......... i .... . 186 7.45
90 bogs . ...r 170 7.45
99 hogs 180 7.45
5 bogs 354 6.50
7 fogs J v H4 6.45
? . PULP FEED STEERS, i
27 steers .1153 $7.75
'It steers ....1149 7.75
STEERS. V
29 steers 12fa $7.60
27 steers ..120Q 7.50
27 steers ..108Q 7.50
27 steers ,....1121; 7.50
26 steers 12H 7.23
27 steers 1120- . 7.15
23 steers ..lloi . 6.65
10 steers 101 6.50
3 steers 87j 6.00
4 steers 764 5-60
29 steers 90U 5.50
6 steers 77$ 6.23
Tuesday Morning Sales. '
0. -v-.. HOGS
No. ' Ave. lbs. ,-JrTlee.
21 hogs 183 ; $7.50
Month Open High
January , ....1139 1134
Aiarcn ... .r. m in
Mar .......1201 . 1212
July .......1217 1224
August ....,1220 1225
octooer . ....izzv xzz
December ..1234 1237
Low.' Close
113 .1133
1177 -1188
1198'
1212
1214
1227
1206
1219
1223
1222
12J6
- - San Francisco Hops,
'Sau Francisco, Jan. 34. Hops. 1913 crop
(basis per pound). Sacramento valley. 9fitUe;
other sections, ll12c; , Oregon, 10 U Vie;
Waahlngtos, iOfijUHc , ,-
. .-o;;.-, . , . i ri v
' ' Iiverpool Cash 'Wheat.
Liverpool, iFebr-l Cash wheat unchanged
to xa lower.
V - Date to Be Selected Tonight
Tbe date of the North Portland Com
mercial ; club banquet, which, baa been
scheduled to : be held some time: In
February, will be decided upon this
evening at a meeting of the club in
the North rortiana orancn xiorary,
The place where It will be held will
also be decided, tonight. Last year It
was held In the Jefferson high echool.
with over 203 taking; part.
CROOKED
BOSS
POLITICAL i
AND
COURT IN A-DRAMA
- - 'H
""'ssssassasswassBaasBani -
Photoplay; at the Majestic
Theatre Reveals the Inner
Workings of a ' 'Strike,"
"Written by a newspaper than and
filmed with a newspaper setting;, that
of the Chicago- Herald, "The Fourth
Estate." -which opened ax. the. Majestic
this morning for the rest of tbe Weelr,
la one newspaper play that doesn't
cause newspaper men either to smile
or yawn. -vc-c. - ;. ' 'r . -
- The story Is one that might bAppen
IrT any big city, even if it neve 4 has.
There is a streetcar striate. . A po tical
boss who it In league with the street
car company tries to bribe tbe strikers'
leader to use bis 'influence to take them
back, to work. The strike leaden No-
land, knocks down the boss. Duprey.
Noland is warned of a. warrant for bis
arrest by Brand, a reporter. There Is
a corrupt Judge. Brand writes a story
exposing him, and loses his Job. .
Noland, having lied the city, be
comes rich as a copper miner." Return
ing,, he buys a big paper, and makes
Brand city editor.. There Is a white
slave element In the story, and Brand
sets but to expose the corrupt Judge,
who has had v hand In the traffic; Tbe
Judge -does everything, he can to pre
vent or persuade Brand from printing
the. expose, but it Is printed, and the
newsboys shout the extra that means
the penitentiary for the Judge.
As an inside picture of newspaper
life,, despite Its' beightenedVelodrama,
"The Fourth Estate": ta about the best
thing that . has, 'been - shown -. in -the
screerL'; "
..The program Is completed with "The
Dope Doctor,, a story phQwing how a
drug-user is redeemed by Che power-of
love.''-.: ; ; :'-'fCn
' ' j : '
- Comptroller Williams of the ' TJni ted States Treasury, Recommend
.1 Pitileas Publicity t "Banks Guilty of Usury Losses on
; IPfTm TJoans Small. . .-- "
- Oongreeslonal : XmvestlgaUoa , of
Ba&kav Tbe rules- committee of the
Stock Market Has
Irregular; Tone at'
. ; Close of Trading
Kew Tork. - Feb.' 1. (L H. 8.) The stock :
market opened today stronger and it appeared
that liquidation for "the time at least had
ran Its - course. - The rails particularly . anr-'
prised traders In going up fro a steady opeo- w .. . . "
L. .. . ii , 2L i ki.k.V cr. lower branch. of congress has been con
Irregularity ceme oat as trading prog'ressed. siderlng the resolution offered by Rep
bat the tone wss apparently much' stronger resentatlTe Howard for an investiga
thaa for several days. Tbe war atecks shewed s Hon of banking conditions. One of the
results of the hearing, it 'is said, will
be that appended to the committee's f -port
will be a list of the banks and
the loans they have made, which are
usurious In their Interest changes. I
When the committee asked what rem
edy he could suggest .for putting an
end to usury, John Skelton WUllams.
comptroller ' of th treasury, V .said
"pitiless publicity,": would accomplish
much. The only thing his of flee, can
do at the present time, he said, was to
bring action to annul tho bank's char
ter, which la found guilty of usurious
charges. He considers 'this course too
drastic, Jiowever.. He also suggested
that the attorney general be given au-
a decided stiffening. The - metals, Vespeclally
Butte 4V Superior, . were- higher
Erie opened at 25 VI. Kew york Central et
10414. New Haven at 66 H and Northern Fa
eifl at 1121i. ,. -
Associated on sold at 63; wtille alexteaa t
retreleum was quoted In the opening at 108. v
urucible Steel opened at 74 end went to. T7.
Cnlted States Steel opened at b04. , '
Anaconda . opened at 84 U. smelters at 97,
Tennessee Copper at 534 and Butte A Su-i
ptrtor at 75H- ... '-i . -
maustnai Aico&oi went to us irom tne iirai
figure of 145, . - - ;
vine market closed irregular. --
- A Phlladelnhla dlaoatck ssrs: Flotation of
the big lode pen dent steel corporation will take
place promptly unless some unexpected- elev
enth hour obstruction shsil be encountered. To
ecmnanv. tbs lawuni fUeel and tha i""J - X Muuit un.um.rn
Toungstown Sheet A Tube company. The price Charging usurious -rates of Interest.
tn be paid, f 157,280.400, will be involved in. Anotner plan suggested was to reaulr
the acquisition' of tbe stocks of . those eon-, the banks to print, at the head of their,
owns. - resrular . retiorta. a statement of the
Lapse with the close of business today of i i, u.
ue ucpHw viiuuui uwu -taMOkucrauw linn,,! , . , w . wu. ,
of Cambria Steel atock found Kew York bank-. thfr were three states. Which provided
era and counsel working with renewed bsste , prison sentences for conviction of us
to complete arrangemenU for the deal which urious practices,
has been under -discussion and negotiation tori . -
several weeks. In big banking quarters botk 1 ' SavlngrS Bank Xaterest aad Prosper-
her and la New York, U wm,unAetMood to-, ltyBecause of thS tremendous busi-
dsy thst the combination had been finally de
cided upon and that announcement is at least
close at hand. ,v
The controlling interests in Cambria Steel
have entrusted tbe selling aide of the propo
sition, so fsr.ss it concerns -that property, to
Edward T. 8 totes bury and J. L. fieplogle.
a a committee. , ' '
Since, last Thursday they have been. In a po
sition to -sell and - deliver a majority of the
900,000 share of Cambria Steel-atock, includ
ing that held by William fcl. uonner, president
of the company.
The nroeoectlve buyers were given tne terms
upon which this property can be acquired.
Bangs of Kew Tork prices furnished by
Over beck A.Cooke Co., 216-217 Board of Trade
building:
DESCRIPTION
Alaska
All la Chalmers, e.
Aills Chalmers, pf...
Anrericaa Beet -Sugar..
American Can, e
American Can, pf
American Car dr.. c.
American Cot. Oilt c.
American Linseed, c.
Ac erica a lioco., c... .
American Smelter, c,
American Smelter, pf..
American Sugar, e...
Ani. Tel. lei
American Woolen, c...
Anaconda Mining Co...
Atctuson. c
Baldwin Loco.; c...
Bcidwin Loco., pf
BaKimore imio, c.
EethVehem Steel, c
Bethlehem Steel, pf - . -
B. B. T. -.
Cal Petroleum, c
Calif. Petroleum, pf..
Canadian Pacific
Central Leather, c. . .
Central Leather, pf. . .
Cfcesaoeake A Ohio...
Chi. A O. W., c...
Chi. A O. W., pr.,
Chi.. M. A St. P. ... .
ChL A N. W., c
Chioo Copper..
Colo. F. A I., c
Ccnecflldated tins..
Corn Products, c
Corn Products, pf.....
Crucible Steel, c
Crucible Steel, pf . . . . .
Distillers -
ErgQa Cm .
Erie, 1st pf
Gtneral Electric
Urueral Motor
(teodricb ituDoer
U. Northern, Ore Lands!
U. Nor tbern. pt
Ucggenneiu Exp.
Hide A Leather, e...
Hide A Leather, pf...
Ice Sec art ties.
Illinois Central i
Industrial Akgtbol. . . .
IntpiraUon . .. ..... .'.
Int: larveater. .'
iDterboro, c
Interboro, pfd. .......
Kansas City South., c.
Lackawanna Steel. . . .
Lehigh Valley
Louisville A Nashville
Mexican Petroleum
Miami Copper.......
M, K. AT., c
M. K. A T.. pfd
Missouri Pacific
National Biscuit
National Lead
Nevada Consolidated..
New Haven
New York Air Brake.
New York Central...
N. Y-. Ont, A W
Norfolk A W., c
Northern Pacific ......
Pacific Mall
Pennsylvania By . . .
Peoples Gas
Pittsburg Ooal, e . . . .
Pittsburg Coal. pfd...
Preased Steel Car, c .
Pressed Steel Oar. pfd
Bay Coos. Copper
Railway Steel Springs
Reading, e
Reading. 1st pfd.....
Reading 2d pfd..
Republic I. AS., c...
Republic L AS., ptd.
Bock Island
Rock Island, ofd. ....
Sears. Roebuck A Co.. .
Studebaker, c. ....... .
Studebaker. pfd.......
Sloss Sheffield
Southern Pacific......
Southern Railway, e...
Southern By- pfd
Tenn.' Copper.........
Texas Oil ... .
Tex Pscif lc. ..........
Third Avenue.;.......
Toledo, St. L. A W., e..
Tou?do St. L m W. pfa.
Union raciiie, c -
Union Pacific pfd...
U. S. Rubber, e :
V. S. Steel Co..
U. S. Steel Co, pfd..
Utah CopP..-'-
Virginia Chemical, e.
W. V. Telegraph.. j..
Weatlnghonse Electric
Wlsconain Central
Open Hlgh LowjOtose
23
27
78,;
62
2.
64
63
23
64.
7
1124
1264
4H
S4V4
103
100
87 H
455
S6
274
58
167
? 54
614
12fc
34 H
54
62"
424
138.
21
7
74
45
85
61
10
&4
43
11
22
iu
40
28
105
140 4a
43
17,
26
S4
76
105
35
5
14U
5
67
10
68
144
104
116
56
107
30
lOS
55
23
38
')
DO
10s
16
19U
144
1112
56
S4
201
534
S
131
H3
4
SO
115
1 1.
45,
88
64
24
64
63
66
53
23
65
S9
112
120
40
84
104
111
88 Vi
65
86
31
63
170
52
63
12
84
7
53
43
138
22
or
78-
46
37
63 .
170
6
44
121
22
W
-OO
2
105
160
44 Vf
112
U-
26
84
76
106
38
.ft
5
68
15
OS
146
lt
iii
113
56
23
26
7S
64
61
4
62
23
4
7
5
52"
42
13
ri
74
'43
83
51
169
"68"'
43
:11-
22 -IO
40
28
145
43
1H
17
26
81
76
102
35
5
14
'ii"
15
67
143
104
iis
112
"56
I1P7 Vill
10s
54
ness activity that has. come to the east
a large number of savings banks, it Is
reported, which were paying -2 per
cent on their savings deposits have de
cided U go on a four per cent basis.
One of the big . leading banker of
Greater New York says that - he be
lieves all of the more important sav
ings banks of that city will pay four
per cent to depositors. It Is the opin
ion also that mortgage loan--, rates
ought to continue around five per cent
tor .some time to come And . that, a
great many loans have been-made at
44 per cent.
23
27
78
63
(12
111
23
65
113
111
126
4
84
104
110
108
88
465
128
86
80
60
160 ;
53 ,
100
12
84
64
129
62
434
137
22
96
75
111
?7
62
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455
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121
22
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157
4 "4
losses oa Tarm Xioan mall. John
Skelton .Williams, comptroller of the
treasury, is making an investigation of
the losses ' sustained by banks - from
their mortgage loans on real estate,
with a vfew to ascertaining the rela
tion between the losses and the high
itnerest rates in certain localities.
From present conclusions, said they
comptroller, the best loans the banks
make are to farmers, as the loss f rtm.
farm .mortgage loans is a small, trac
tion of one per centr ... - , ,
Sew Aoeounts for Portland Baakav
The comptroller of the currency has
approved the National City bank of
New Tork and the United States Na
tional bank of Portland Or, as reserve
agents for the First National bank cf
union, UrH and the Northwestern Na
tional bank of Portland as . reserve
agent for tho First National of Leb
anon. Or.- r .
Bank Credit Men tn JTattonal con.
enUon The first annual meeting of
the Robert &Iorrls club, a national or
ganization of the credit men of the
hanks - of 1 the country, which was
formed at the-annual convention of the
National Association of Credit Men
held at Salt Lake City last June, will
be held at Detroit February 10. The
object of the association, is the better
dissemination of - credit Information
among bank men. The convention will
devote the day to a study and classi
fication of tbecredit standing of bouses
Borrowing on commercial paper. Cur
ing the - . year correspondence . has
L rough t together a list of these con
cerns that are selling their notes and
ust 01 tne banks that .are buying the
notes. The data will be cross indexed
and made available for us at the an
nual meeting. The credit men will
thus be able to correspond directly
with the banks which are purchasing
the paper In which they are most di
racUy Interested . and ascertain their
experience Without .difficulty. This
will be. a new departure and will placer
at the convenience of the bank, credit
men valuable Information they have
heretofore never been able to obtain.
Some of the Portland banks are heavy
buyers of commercial paper and their
credit men are members of the -Robert
Morris club. - . ,
Astoria's Trade sTorrey The Cham
ber of Commerce of Astoria has begun
a survey to determine, how much trade
in commodities that could be done lo
cally la being sent to out of town con
cerns and shipped In. : --..'
Woodburn Xgg Clearing Souses
Farmers tributary to Woodburn are
successfully - working out cooperative
marketing of eggs through their local
association.:,' It costs but 30 cents to
Join. the clearing bouse, or Egg Circle, -as
It Is named. All eggs that average
34 ouneesj'or over to the dozen, are ac
cepted ' as standard, irrespective of
color. For these the producer ge'ts two
cents i. dozen over the market price.
All clean fresh eggs which are under
the standard are sold at the highest
price they will bring and the- grower
credited. The method of payment pro
vides for giving cash to the producer
for all single deals in excess of $10,
but the first $10 is paid by. a check
on the clearing house association. The
checks are good at practically all of
the local stores. ;
COIMCM TOUR
OF&ERN Gil S IS
COMMENCED TODAY
Messrs. Berger and Jones an J
Phil Bates Leave for Har
risburg, Pa., First Stop.-;
U2
10t
66
'24
38
77
60
108
17
ISO
146
its
66
084
20
69
65
190
84
133
83
61
82
lie
78
47
88
66
22
88
76
60
108
16
179
143
112
56
98
20
68
53
193
7
84
49
1115
454
88
64
Henry Berger Jr Frank I.- Jones and
Phil S. Bates left Portland this morn-
1 I inr in a storm of Tnlneled snow and
J' 1 I . . . I . tx.. . 1
tain iu auvciuav t-uv .uuiuict vcsuucb
of the Rose City, . the Columbia river
highway, Oregon and the Pacific north
west. .
In many eastern cities and before
the outstanding business, civic And
-educational institutions of the country
74
26
81 '
76
123
1U6
35
6
14
44
122
7
15
67
145
100
20 Vi
116
lll
12 .
504
107
81
105
55
101
23
88
77
42
43
60
108 .
17
m
145
112
68
99
20
69
196
7VJ
60
6
10
133
9
50
82
116
47
88
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36
Ex. Dlv.
Ex. Olv.. 9J
they will exhibit the - BergeKJJon es
wonder' color pictures reproduced in
natural tints without .the aid of pig
ments. Their first 'stop will be at Harris
burg, Pa-, where Governor Brumbaugh
wil have charge of receDtlon and ex-
hlblL At Washington the pictures will
first -be shown ta the National Press
association, ; February 8. and to the
Chamber of 'Commerce of the United
States th evening of February 9.
Mai L between two cities on a river
in Colombia $00 miles apart will be
carried by a light draft, high speed
boat driven by aerial propellers.
PORTLAND -FIRE RECORD
-" t, ' Xnaday. '.
; - 7:42 a. m.. $03 Crawford street, chim
ney fire, no damage. .
lliSO a. m., 754 Corbett street, over
heated stove, no damage.
6:1$ p. m., Max Kaffeslder, 1961
Sast ' Twenty -second street, north,
overheated stove, loss $5D0.
- Tuesday,
v. No fires..
TlilWEoTERil! PR01UCE CO.
; Sueoassor te OOOTJiLUJt-WTJsrPLJi CO : .
Is sow la a pesities te handle year shipmsuts
ef HOOS, TEAL. POULTRY. F&G8 and BUT
TER es a 6 per cent COaCMIgSIOM, es win
make yen a G&ABAMIXLD PRICE. -. "...
151 rsent Street. '
- Telephones: Marshall ISSt. A-4117. ,
. References: Nortb western National Bank.
sales. 758,000 shares. - " "
Kni3pel Plea! Guilty.
Arrested yesterday Iri the municipal
couTtroomby Cetectives Moloney and
Swennes as he finished defending tbe
case of some .women charged with
vagrancy; . Julius Kntspel - pleaded
guilty today to having an opium outfit
la his possession before Municipal
Judge Langguth.: Judgment, wjll be
passed tomorrow. Knlspel, in addi
tion to the city charge. Is held for the
government on a 'charge of -violating
the Harrison act, as a large quantity
of morphine was found In- his room. T
" -
, ,.CUmpaign to- JBtart Soon. -- . .
. rh. mrmtwrihio camnalzn for new
members of the North Portland -Commercial
club will be completed this
..nlnr.at a ; meetlnsr - of ..the club.
Teams will be organized end districts
allotted to eacn team, xne memoer
ship- zee nas oeen set st-ti a monui, .
the money to be spent for advertising j
nurooses. t I
When writing or ceiling ' ea advertiser,
please mention The JoarnaL - Adv.)
- : "Tfiist'-' bank is e a s i 1 y
' , reached. - Right at the
heart of retail business.
Close to all caflines. Our
" officers: are always. acces
v sible and. always glad to
give cgurisel when advice
; is sought.
; We want to serve you.
t :Gatl" and see us.
. uumdermenc
National Bank
- : Fif th and Stark.
I?
OYcrbeck & Cooke Co.
Btoeks. Bonds. Cotton,' Orala, Bte.
aia-ai7 Beard of Trade BaHdiag.
n
DIRECT-PRIVATE WIRES
TO ALL EXCHANGES
- Members Chicago Board ot Trade, . -
Correspondence of Logan Ac Bryan,
Chicago. New Sork. - i s .
.Of
PortlandOregon
Surplus 5.
$3,500,000
You may- never need a. loan from 5 the
bak,ibuttwheri you Xeep an aexount in
, anr institution like this, you have the
use of all its facilities, the benefit of the
advice and the suggestions of its officers.