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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Feb. 10, 1916)
, fe4 1 THE OREGON DAILY JOURNAL. PORTLAND, THURSDAY iUARY t 10, 10 10. HEAT TRADING IS AT A STANDSTILL AT 5 MARKET STRIKES i ALL THE LOW SPOTS IN TRADING OF THE DAY :ven With Liberal Sales Receivers Are Unable to Clean Up at Lov IMces Bein&T Quoted All Sort of Values in Effect. Zeg prlee eontino demoralised la the Front street market, and valoe aeked are ill far apart, . While some dealers were king aa'blgb as 85 a doaea from those that d not read the newspspers . or - oodeTstand Toe real market, others were freely offering e t S283 dosed for beat candled etock During the last 34 boor, and were naable to In fact the market drop faster than printed (notation can be changed tbeae darn. Dealer no shade tbe price- 2e under -established quo tations in en effort to- clean up and tlien be : ve they sre'glvlng tSe barer the- beat of it, l,:id later that they made a-ery good sale, ud were enable to- get a much for additional (.uppllea, - - Lower price bare not enabled .the trade t r-eaa on its surplus of fresh eggs, In fact ftie more liberal the sales at tbla time It mmi tbe- greater atocaa . tbat are carried or. Leading dealer end tbe day' business after liberal aales with more ease of egga In l and than wues tliey atarted,- Tbe trade 1 unsatisfactory i to all tntereat. Everyone 1 ."ore." but none are tn a' poltloo to help themselves. ' It la ft altnatlon shown : every year at this period of tbe season, but tbe trade fall o learn tbat all ita worrying baa tkj effect . whatever upon condition. JSvery Iroot street handler la doing hi utmost to )d tbe country shipper in getting . the beat retarna possible. V 1 CIIICjaEXS . ARE ARRIVING Qrilie fatr opplle of chicken are coining to tbe rkpnt street trade, and tbe market la tf-IOedly eJr In tone Sales of fancy heavy lima coctlmis at 10c, bat small birds are tirsgglug wearily. POTATO MARKET IS QUIET Qoiet tone 1 showing la tbe potato market. No shipping business of Importance V acted hecause of tbe bad ' Condition of tbe roads. 1 dinners are1 aaid to be asking more than oat Ida markets are willing to pay.( , . - DHESSKD HOGS ARE FIRMER Market for dressed bog is firmer for coun try killed atoff, with sale reported a high 9Vi10c a pound, with some talk of a protbl lartber rise. Veal are la liberal supply, with the market dragging. CHEESE STOCKS ARE LIMITED stocks of cheese In tbe local market are very: limited; in fact a almtlar condition Is mown . generally along tne coast, A farther advance in Tillamook prices la expected tbat will plaee tbe local price somewhat nearer .Ute parity of tbe eastern stock. ( Gutter situation is good General batter market sltustlon la ; good. Not only ta creamery stock showing a favor able trend, but tbe call for conutry dairy is very liberal, and In some Instances a , frac tional advans tn price la noted. LIIHEF NOTES OP THE TRADE Hides, wool and mohair strong. 1 tressed tnrkey in excellent call. - California cauliflower of better quality ar riving. Strength continue In sugar market, offerings - of apples greater, with demand Improved at former price. ; SHIPPERS- WEATHER i NOTICE Weather . bureau sends tbe following notice to shippers?- - Protect shipments during tbe next 48 boars a far norUi as Seattle against minimum tent veraturee of about 40 degrees; northeast to Spokane, 84 degrees; southeast to Boise, 82 (degrees: ' sooth to Ashland. SS degree. Mini mum temperature at Portland tonight, about l degree.. .1 .;, JOBBING PRlCKat OF PORTLAND Tena prices are those st which wholesaler ell to. retailers, except aa otberwtae stated: Dairy Prodnoa. " EUTTKtt City creamery cubes, extras, B2c; firsts, 80c; seconds, 28c; prints and car tons, extra; country creamery, cubes, 252ttc; storaae, 2425ct Oregon dairy, lh19c U U XT K H-A T lortUi ad dsiiTery No. 1 sour creimy. 82c; No. 2, Soe. ' 1-iiO 3 Selling price by dealer unsettled, delivery extra Selected fresh, 82c per doaen; case count, Oregon ranch, 30c. - LIVJs FOILIUY Hens, beary Plymouth Rock, leeidVic; ordinary chickens, 15c; ring. lVi to 8 Ib2 16'ffl7c lb.; turkeys. . .e; dressed fancy, 23(B26c; culls. SO21e; t geona, 11.23; squabs. 81.20 doaen; geese, live, lOeiOJio lb.j Pekln ducks, old. 16c lb.; yaunc and beary, 18c; Indian Banners. 183 Ho lb. . , JACK RABBITS Taney. 8l.TSQ8.00 doaen. C H KESE Selling price FresU Oresua fancy 'i.l cream twins and triplet. 20c per lb.; Young America. 21c Price to jobbers: Fists, ji je; 1'ounc America. 20c f. o. b.: cream i-nult. IhiiWc; Utnberger, 20c lb. - . rrulta and Vegetablaa. FRESH FRUITS Oranges, fancy navel, : j.jn4.2&; banauaa, 5c lb.; lemons, $3.o0a box; grapefruit, Florida. 84.oOQ5.SO eass; j ineapples. J8e per lb. r pears, 8l.7St2.O0s ries. ?c per lb.; tangerines. 81-80 box. APPLES Local, 8L20Q3 per box. according to quality. -,;- . . , . ON IONS Local, $2.00 per cental. asaoclaUoa eillng price carloads, 82.00 t- o. b. country fcoints; garlic. 15c lb. POTATO KH Belling price Local, 81.T5; TRANSPORTATION an Francisco Los Angeles - CWltboat Ckaaft Bontet Tli BUT. ' . ' " t .esjs. ' : - ' , . t omi ortabla, - .gntly Appolated, QolaaT tiamkip ' 3 E AVER C alls From ' aias wonii SoeB 3 P. M., FEB. 12 : "6 Ooldea 8CU aa OclnmtU Xlv.r. SatM Zaolad Bertit ud BTsal, - 'ssm Jd. Mexvioe VlaaxcslUd. -be Ssn rraaclsco 8 PoxtlasvA 8. a. a.. Xnlrd tad ' Waabiartosi St a. , wtli O-V- &. Si ST.Co.) Tel. Broftd. Vsj . 500. Mil3A, r:;-:' ( ASTORIA SERYICE CHANGE V Account Ice. In Columbia.. rUr. O-W. B. & N. team tr. "Harrt Queen" has ?n temporarily withdrawn from . r.t run to - Astoria. - Until fur r notice boat leaves Ash street . i 7:45 a- in. Tuesdays, Thurs vs and Saturdays; leaves Astoria" a. m. Mondays., Wednesdays I Fridays. - Los Angeles ana mm xuego a:!Z?S YALE MB HAKYARD ; road or . any steamer to Ssn Francisco. , .Uon City. Largest, fastest and the strictly first-lass psaaenger ships oa t. Average; speed 1U Dili as an boar. . i.Ckjo each. ... . . . i -'awcico. PonTx.Asri u i... i ABC-ELCS B. 8. CO. i rsns. boiism,. A-nt. i;4 1n"'l Su Aisin M. A-4S98 wna D. a u." u. u. b. Liberal Movement Of OnionsEeported From This Section Confederate Onlbn Growers Ao- y elation Making Liberal; Ship-; t . t . meats to Outside- ' , - 'Bather liberal movement of on I one Is re ported to ovtside point Hf W. I- Swank, sell ing representative of tbe Confederate Onloa Orowera aasoclatioa. . , - Sales by to association continue at $2 per cental f. o. b. country shipping points. Wbil it I nnderstoodV that some of tbe business now naaalna- in the onion market i for Jnlddie west aceouns Swank refused to either confirm or deny the reports. "We sen the onions f. o. b., statlona," , be says, . "and reany do not rare where tbey go." Oalifornia is also reported a liberal buyer of oniona in this section, because of the absence ef suitable quality borne stock there. British Columbia is reported one ef tbe most liberal buyer here; la (act baa bees buying here for several week. ' Along Front street the price ef onion re flects mncb atrengta, but wholesale price continues generally at 2XO a cental for No. 1 Quality offering. - Sharp Losses Made Early for Wheat in The Chicago Mart Chicago. Feb." "ios--a. N. B. Wheat opened about 4e higher and tben under pressure of heavy selling fluctuated to, levels of more than 8e lower, after which a slight recovery; was posted, sending price oo the upward move. 1 be market in this grain seemed to be healthier after the large Stocks bad been dumped and absorption was fairly, good. - " For several days there has been the danger of large holdings coming out to menace the market. There lasappoeed to be. a hlg: ae cnmnlatloD . of wheat in the southwest, - and toother heavy movement Is looked for from tbe northwest.:-. - ---.i .-.i-'-.- Stronger cables served only temporarily to check "the decline. Some of tbe biggest houses, however, were freely predicting that before the close prices would go higher. Bulla are cenfident that tbl action only " serves to strengthen their position for the future. Liquidation, also was recorded tn corn and oats, but not to such an extent as In wheat. Thaee two aralna : exhibit an inoepenaeni strength on the decline In wheat, althougafl they almost Immediately reflect advancea In that grain. ' ' . Corn opened ' about lc up end fluctuating levels st tbe low were only fractionally under yesterday's clot e. : Oat reacted even more than corn, but apeclaliata in tbl stock de clared that tbe decline wa only, on temporary technical conditions. May wheat opened at' 128. dropped to 125 Snd sold up to 126H in the first trading; uly opened at 121 4. sold down to. 117 and returned to 120 and better. Range of Chicago prices furnished by Over beck Ac Cooke Co., 216-217 Board of Trade building:- WHEAT Open. High. Low. Close. 128. . 128V4 125 : 127V. .....121 " 12H4 "7 12014 ; CdRM 774 77, 76U T74 77 77 70V4 77A OATS ..... 4SH ; 48 47 H 4S 45 PORK .....2040 2052 2030 20R2 . ....2055 !2O05 2013 20& LARO 1025 103O e 1020 . 1O30 .....1040 lo47 1XT7 1045 B RIBS .....1115 1130 1110 1130 1182 1145 1127 1146 B May July May. July May July May July May Julg May July DAIRY PRODUCE ON THE, COAST San Franc iaco Market. Sao Francisco, CaU Feb. 10. (U. P.) Butter Extras, f 32c; prime firsts. 28c; firsts, 28e. ggs Extraa, SQlic; pallet, 25c. Cbeese California fancy, 17c; firsts. 10c POTATOES 'AJjOXQ THE XOAST Rw Franclsoo Market. San Fraaciaco. Feb. . 10. (U. P. PoUtoea Per cental. Sallnaa, 82(32.10; Salinas fancy, 82.25; lelta. Il.&oail.75; Oregon, fl.40L75: sweets, 2.1B25. Onions Per cental, 82 G2.06. Chicago Produce Market. Chicago, Feb. 9. (I. N. 8.) Butter steady; egga alow. - .. t . -. - Butter receipts, 5300 tabs; creamery extra.. 81c; extra first. 230c; firsts, 2o(U 2bHe; seconds, 24(2 25c; dairies, extra,' 20c; firsts, 25$20c; aeconds, 2vVi&23Mc; packing stock, ls20c; ladlea, 2121Hc. Egga, receipts SO0 esses; firsts, 24c; or dinary firsts. 23c; miscellaneous lota, 22Q 234c; extra, 80t31c; storage Aprils. ISQlac. buying price. 8U5QL25 per cental: sweet. 82.75wf8.0O. ; V LUtlAilla inrnips, si.ou ; Deets, gi.ov per. sack; i carrot. 1M per sack; paraoipa, 81' sack ;' cabbage, 82.00 vz . cwt.; green ordoos, 20c per doaen bunches; peppers, bell, 15c;-head lettuce, California, 82.oO.per crate; celery, California, 84.75; cauliflower. Cali fornia, 82-25 per crate; kTencb artichokes, 11.40; string beans, 15c; botbouae cucum bers ( ) ooaen; tomatoes. California ( ; egg plant, 15c. per . lb.; sprouts, 6c per lesf cranberries local, 810 JO; eastern, sn.ouQ U.UO per barrel. Beats, 'Flab, and Previsions, DRESSKO JdKATS Selling price Country killed: Fancy bogs, PHttlOe; poor, 7HC8c: fancy veals, 12(ul'Mc; ordinary, 11c; pour, 7 ttttc; goats, SVk4c; spring lambs, loc: mut ton, Cuc lb. UAM, BACON, ETC ' Hams. 1520c; breakfast baeou, 1842fec; boiled hama, 2c; picnic, 10 Vic; cottage roL, 13 fcc: .Oregon ex ports, U$13c per lb, OYSTKHS Olyinpla. per gallon, 83; canned eastern, S5c can, 80.50 aoaen; eastern In shell, 81.&& per 100; raaor clama. 12c doses: east era oysters, per gallon, solid . pack. S3.O0. F1SU Dressed tlooudersj 7c; ateelbead aaU mon. 10412ic; perch, 7USc; lobsters, 26c; silver smelt, be: aatmoo trout, 124e lb.; ball tut, 8Hjl2c; Columbia smelt 12y,c; torn cod. Tc: black baas, 7 Me lb. . CEABS Large. A(K; medium. 81-60 doses. Standard, .10)c. . LA KB Tierces, kettle rendered. ' 13c: standard. 12c. . ' OTeoertea. -. SL'GAB Cube, ST. 16; powdered, 7; fruit or berry, 86.75; beet i ; dry granulated. 80.75; D yellow, J.B5. (Above quouOona are 0 daya net cssh.J RICS-Wapan style Ne. 2, 4c; New Or leaus, bead, 54 (iioVje; blue rose, SVsc SALT Coarse, half grounds, 100s, 810 85 per too; Sue, 811.30; table dairy, 60s, 81; 10. 817.50; bales, 82.25; lump rock, 820 per ton. . BKANS Small white. 87.25; large white. 8705; pink. 5.75; limsa, Stf.uu; bayuu. 8S.75; red, : 8u5o. Hope. Weel and Hides, ' HOPS Nooilns.1 buying prlc, 1918 crop, choice, 12$jiUVc lb.; prune, lvwllc; medluoi to prime, faVc ' - - HON a; X New. M-28Q3.60' per eaae. V WOOL Nominal. 1I5 clip; Willamette val ley, coarse Cotswold. 25t2ac; medium Shron ahlre. 26Q2ttc; eboica fancy lota. 25c; eastern Oregon.. 144J22C - ' tUUKS salted bides (28 lbs. and up), lauc salted stage t50 lbs. and up). U aaUi kip (15 lbs. to 25 lb.). 15c; salted calf uo w tMj iua; ini wnl 20c; -dry borsebides. each, fiOcuttl.oO: salt borsebides. each 82.004f8.0O; boraebatr! 23c dry sang wool pelts, loc; dry abort wool pelts! le; dry sheep shearings, each. 10815c: salt ed abeep sheartnga, each. 15Q25c. TALLOW No. 1. CfclSc No. a. CU1TT1M OR CASCABA BARK vtn.. MOuTlRl tie.1" Ul,U, C" toU' 3 . paints and Oils. LINSEED OIL Raw., bbla.. 86e gallon: ket tle boiled, bbbv, 88c; raw, caaea.. Wlc; beUed. cases, ojc gaL; lots of 250 gallons le leaav COAL OIL. water white, la drums and Iron barrels, 10c.. . , ; . , TCBPENTISB Tank. 7c: eases, 74c gal-" Ion. 7 WHITE LEAD Ton lots. 84e lb.; 500 lb. lota, c; less lot a. '9 e per lb. car,tots.MI&wI;r,0",, toU 34i toa GASOL1NU Bulk, TjVSe per gallon.. kip (18 lb, to 25 lbs.). 15c; green calf Tub to 1 lb.). 18c; dry flint hides, 25c; dry Hint CSl( (un to T IbS.). 27C: dr aalr inr u WLi. CAUSES DULLNESS Ifl IN mm .MARKETS Little Doing in the Trade Either Here or In' CountryOats Bust , ness With East Is Imagination - - Barley Strong in Country. NORTHWEST: GRAIN BEXTEIPTS. - . ' .. .Car '' ' - Wheat. Barley. Fir. Oata. Hay. Portland. . Thurs 15 2 S t 2 , 11 Vear ago-. .. - o a .!' or- i. 9,017 1311'. 1130 - 802 15?i2 13,529 '1521 130 ,1505 1467 Season to date. Veer ago.. Taeoma, Wed. Year ago. . . . . . Season to date. Year ago...... Seattle, Wed. . Year t;o. . . . Seaaoa to date. Year age...... 29 8,717 7.689 5 - 12 4W 447 249 . 1655 463 2415 36 T 6,5. 1065 8,183 V 885 7 J537 1643 7 731 941 31 2971 8367 Severely lower prices werd generally quoted for wheat at Chicago during tbe moiping, but spots were uncaangeo ax uverpooi. uucaujr the msrxet was extremely quiet. There waa not mucb keenness among buy er to operate In the country, except at the lower price range and this did sot meet tbe views of country bolder. .i - On the other hand, cooelderabl strength Is shown in the barley market, despite tbe ship ment of liberal suppue of California stock in this direction. - Hum whit barter was re ported sold to tbe east oa the basis of 832 a ton, tidewater. Oat market Is Inclined to remain quiet. Talk of extreme, bnainess In tbe eaat appears to be mora In the mind of soma interests than actual fact, because there wae a severe break In eastern nrices' daring tbe early day' trad ing. Offers of the local trade to ceil to -the east at 828 a too, brought no baying response. FLOOtt Selling price: Patent, 85.00; Wil ls if. ette valley, fs.60; local etralght, 85.O0Q 6.40; bakers' local, 85.205.60; Montana spring wheat, 6.30; exports, $4.90j5.00; "whole wheat 87.05; graham. AS.SO;, rye flour, 85-93 per barrel. -r - HAY Boylna- price, WfUamette valley tim othy, fancy, 816.0O; eastern Oregon. Idaho fan cy timothy. 818.00; alfalfa, 82o.O0Q21-O0; vetch and oats, 815.00 16.00; clover, 813.50Q 14.00. - ' .-- r GRAIN BACKS 1918, nominal: No. 1 Cal cutta. 1314c la car lots; less amounts higher. MILLSTUFF Selling price, carload lute; Bran, $2:1.50; snorts. 826.00. ROLLED OA'IS 80.504itt.73 bbL Comparative wheat bids; TUursday. Yr Ago. Bloestem , 107 l.MJ Forty fold 97 154 01nl J- e)a.s 1 w-e-e D4 -' liVft- Red-Fife , 95 149 Bed Russian- .................... 95; ' 14l When dilcago closed with a good gain tor May wheat, the loeal msrxet waa Influenced. On tbe Portland Merchants Exchange bids for February wheat were-1 to 2c s bushel higher than Wednesdsy. No sales. Februsry oats advanced 25c a ton. with no sales. Merchants Exchange February prices: WHEAT. Thursday Wed. Tues. Mon. Bid. Ask Bid - . 107 J 110 106 107 : 104 Bl western . . Fortrfold .. . T t lOO - VO . . WI . 94 9S 93 : 95 . 95 98 ' 93 i 95 . 95 . 102 93 94 OATS. 95 93 Club Red Fife Bed Russian Feed ....... 94 93 2650 2850 2150 .....2675 2775 2650 2650 BARLEY. .-.290O 3O0O .... 2925 Feed .. MILLSTUFFS. Rr,n . 2TJMV 1 "Wl SBorts ...2350 2550 2323 50 2330 Futures were quoted: WHEAT. Bid. Ask. March bloestem 108 111 Ms roil forty told 98 102 March club 96 99 March red Fife .96 99 March red Bassisn. 96 102 FEED OATS. : March 2700 2800 FEED BARLEY. March ...2900 8150 MILLSTUFFS. March bran .2200 2350 March aborts .....................2375 2000 BANK STATEMENT OP : COAST Portland Banks. This week. Year ago. .....,.t,898.643.41 2.007.554.90 1,663,495.66 1,916,400.98 ...... 1.694,655.43 1.8SS.242.49 ....... 1,320.989.26 1,885,122.31 Baa ZTaaeisce Banks. ' ' . . . . t. 810,750,176.00 Clear! nes Monday Tuesday . . Wednesday Thursday . Clearings . BeatUs Banks. Clearing Balances ...$1,788,180.00 ... 211,791.00 ..$ ; 825,323.00 95,503.00 Taeoma Banka. Clearings Balances . .i .. . - t- The Day's Metal Market. New York. Feb. 10. fl N. s.lLTt-i steady, 45 b. - s ' lead II rm. s ; spelter firm, 19 b. Silver 664 a: Mexican dollars. 42: steady. . London. Feb. 20. -!.' N. S.V -Tin. spot, 179, 10s. off 6a; futures, 179, 10a, unchanged. Straights, IS 3, un changed; sales, 90, Futures, 100 tons. Silver 27s. Lead, snot 32. ud Es: futures 31. ISs. up 5s. spelter, spot, up X pound. San Francisco Grain Market. San Francisco, Feb. 20. Barley calls: Feb. 10 Feb. 9 t Ooen. Close. Close. May 140B 142V. A - 141 December ......... ..13248 130A 133 Soot Quotations: Wheat Walla Walla. 81.75 1.77: red Russian, 81.751.77t4: Tnrter red. 81.87tt4tl.80: bluestem. 81-90jl.95. Barley reed, S(.02M1-5P brewing, 81-40 Q 1.42 Vs. JSran X24.50rrt25.60. t - , Middling S3031. 00, Bborts, 825020.00. San Francisco Wool Market. ' Ban Francisco. i' Feb. 9. (P. N. B. Wool. per pound, Humboldt and Mendocino, .8 montn7 growth. -214122c: do 12 months 25fi 28c; middle counties, 8 months' growth, good. llfl9c; do fair, .1517c; Red Bluff .nd vi clulty, 2023c; southern California fall and lambs' wool. .. 124415c: Nevada atock. mat 2oc according to quality. St. Louis, Mo.. Feb. (I. N. S.) -Wool unchanged... a. ,...... Eastern Barley Markets. Kansss City. Mo., Feb. 9. (1. N. S.) Bar ley. 64c . . , Chicago, Feb, 9. (1. N. 8.) Barjey steady; malting, 756j78e. - - - - New Tork. 5 Feb. 9. (I. N.v S.) Bariey teady; malting, 82 85c. ...... -.-' wapHSvpHtnaaasesat - v-ir is- New York Cotton Market. Open.1 HiKh. Low. Clone. . 1254 1259 ' 1253 128 January March 1205 1225 1205 1225 1240 1246 1257. 1198 1215 1231 i:34 .124? 1204 1224 Alar ...... July October . . December 1239 1240 1254 1239 1243 1255 '. San Francisco Hops. " San Fraocleeo. Feb. 9. (I. N. S.)-Hop. 1913 crop, basts per pound, Sacramento val ley,, 10& 13c; otner sections. lolSc; Oregon. lvJ12Hc; Washington, 10il8c.. f x - . . Ne4r Tork Sugar and Coffee. ' New York, Feb. 10. Sugar Centrifugal, 84.83. , . Coffee Spot New York. No. T Bios. 8He; No. 4 Santos. 9e. - - .". Liverpool Cash Wheat. ' " Uverpooi, Feb. 10. (L N. 8. Wheat Spot No. 1 Manitoba, lie 7d; Nor 2 bard winter, new, 13s. 4 d. ' - ' Chicago Cash Wheat Lower. Chicajto. Feb. 10. Cash wheat lower. 40 OUTS NORTHWEST Eair Activity Now Shown for , Hops in - Willamette Valley Frank S. Johnson Hop , Company, Takes on a Number of Lots; . ' THarket Is . Steady. " L- Fair activity Is showing in tbe loeal bop traoa wun quotationa ruusg vuuu 12c for extreme quality. The operations if Frank S. Johnson . Hop company were the tergect locally daring the last day or so, but other dealer ' are reported as taking some applies , at former prices. - Johnson ' purchased, the Bagley lot of 437 bcia at lulls boro. No price is given, : He also purchased about 260 bale In tbe Wood-biuyi-MeKee section. ; Tbe following lot are reported taken : Lemery. McCormack, KlUen, Coy. DuBois, Henry Whitney; Lelth and M. Uermle. Beside tbeae Johnson purchased sbout a carload from dealera. The Woodbura McKee lot, were reported taken t Ote 10 a pound.' , r- , ' Much Interest 1' shown here la the report that Durst of California, had sold bis remain ing 2009 bales to Wolf at 10c a pound. - A late New York mall advice says of tbe general trend of tbe trade: .1 , - Bale. Receipts for week ..................... . 690 Htceipt since September 1 41.ifc8 Receipts same time last year. .......... 74, ot0 Knvri-ra tn Kirrue for week............ 897 fcxporta from September 1. ........... 21,165 Exports same time last year......... Imports for week ................... Imports from September 1. .......... lu?fiorts mil t i nit, last rear. ....... . 30.726 201 814 15,633 lows oas uvea a uiim iuui w .uuu u, .uo Interior of New York state and the reported transactions have been mainly at 12jl5c; of course, these are tha low and medium grade hops; fine quality would bring more. Local Interest bs been small, but in view of tbe re cent firmnees at primary points, bolder bere are asking full late price. English mail advice report more doing and generally- firmer markets. Beer sales in the United States for December were 4,299,591 barrels, against 4,102,084 barrels, ame month last yesr. For tbe year 1913 tbe consumption totaled 57.800,654 barrels, aa compared with 63,121,008 barrels In 1914, a decrease for 1915 of 5.315,044 barrels." New York-hop prices per pound: State, 1915, choice ......24(326 State, 1915, medium to prime. ....... .20$23 State, 1915, common ............. 1 .... .15'sjl8 State, 1914 6Q10 Pacific coast, 1915, choice 15fjl Pacific coast' 1915, medium to prime.... 1114 Pacific coast, 1914 i&10 Pacific Coast, old olds 64S 7 AMERICAN LIVESTOCK PRICES Chicago Hogs 88.8714. " Chicago, Feb. 10. (I. N. S.) Hog fte-cc-ipt 40,000. steady st yesterday's average. Bulk of sales, 88.13ftiS.30; light, $7.908.3O; mixed, 8SQ8.35; .lieavy, 8SgtS.37; rough, 888.10; pigs, 80-907.90. Csttle Receipts 6000, weak. Native beef ateers, 30.25(9.65; western steers. 88.30HI S.10; cows and heifers, 83((S: calves, tSJio 115. Sheep Receipts 16.000, weak. Wethers, 17.608.15; lambs. 88.8o11.35. Kanias City Hogs, $8.20. Kansas City, Feb. 10. (I. N. S.) Hog Receipt 8O0O, higher.' Balk of sales, fTMOrft 8-10; heavy. 88.UOCgi8.20; packers and butch ers. 87.&5tiS.15; light, 37.o0jiS; pig. 30-25 75. Cattle Receipts 2500, strong. Prime fed steers, S8.509.25; dressed beef steers, 87 8.40; western steers, 36.50(8.40; stockers and feeders, 367.85; . bulla, 35.256.50; calves, $.50ff810.50. Sheep Receipts, 6000, steady. Uohi 810.2511; yearlings. 899.75; ' wethers, 87.50Si8.25; ewes, $77.05. OmahA Hogs 875. . ; Omaha. . Feb. 10. (1. N. S.) Hogs Re ceipts 20,500. steady. Heavy, 87.757.U5-, light, 7.1SOiJ.7.S3; pig. - 86XO7.50; biilk of sales. 87.65(7.85. Cattle Receipts 4900, steady. Native ateers, S8.25&S.25; cows snd heifers, $3.35(26.75; western steers, S67.60; Texas steers, 85.75 6.75; stockers and feedera. 33JK41!70. Sheep Receipt 11,000, slow. Yearlings, $a5(&9.25;' wethers, 7((iS; lambs, 10.2i4j 106. ... Denver Eogs 87,85, Denver, Feb. IO. Cattle Receipts. 500, steady. Beef steers, StS.507.5O; 'cows and heifers, $56.50; atockers and feeders, $5.50 7.25; calves, 8810. Hogs Receipt 3900. strong. Top, 57.85: bulk of sales, $7.6047.70. Sheep Receipts low, steady. St. Louis Hogs $8.40. St. Louis, Mo, Feb. 10. I. N. S.) Hogs Receipts- 16.500, steady.- Pigs and lights, $6.75 (3-8.35: mixed and butchers. SS.05itS.a5: good heavy, 38-30(88.40. - . Cattle Receipts 3000. steady. Native beef steers, 87 .609.50; yearling steers and heifers. 8o.6oSja.3o; cows, aj.aofii; stockers and feeders, S3.507.25; southern steers, S3.256j $8.50; cows snd 4ielfers, $46.50; native calves, $611.50. Sheep. Receipts 1000, steady. Yearling wethers, 88&9.50; lambs, $9.50 & 11. 25; ewes, 8657.75. " - j oeatu nogs ssvda. . . Seattle. Feb. 10. (P. N. S.) Hogs Re ceipts 1685, steady. Prime lights, $3.13; me dium to choice, $8f(f8.10; ' smooth heavies, $70(37.65; rough heavies, $77.15; pigs, $77.65. v Cattle Receipts 2, steady. Beet steers, $7.75j7.86; medium to ciioice, 37.25(70; common to medium, $6.50S7: ' best cows, 85.756.25; common to medium cows. 83.50 05; bulls, x3.wxff0.00; carves, 7.aofj?8.b0. SbeeD Receipts none, steady. Lambs. 88.25 08.35: yearling. 87.50te7.75t ewes. 85.60 6.50. - - - Today's shippers: Hoc L. H. Lawson, Barley. Idaho, 1400: W. A. Powell, Haggart, Idaho, 111; Charles Cbriston. New Vale, Idaho, 103; W. L. Bish op, uayton, ur., il. lvalue v . i.. tsisnop, juayum. ur., 2 neao. Oregon Apples in South. San Francisco, Feb. 9. Apples, Oregon and Washington: Spitzenberg, 31.50&2.5O; Ben I'svls, $1,15,40; Roman beauties. $1,404 hTgh water cause of SUSPENDING BUSINESS Various Departments of the Woolen' .Mills Are - Shut Down . During Wednesday, Oregon -City,- Or., Feb. 9. -The card- In gy picking and spinning departments of ths Oregon City Manufacturing com pany were closed down Wednesday morning owing- to high water, and at noon ths spooling and dressing depart ments were closed, while the other de partments of. the woolen, mills were, closed during the afternoon It Is reported that & horse went over the falls on Tuesday afternoon, trying to swim In the swift current, and, was finally, carried over the cataract, and disappeared., Married at Noon. '. -Oregon City, Or., Feb. 10 -Tne mar rtags of Miss Wllllah - Jdhnston of Clackamas : nd Lloyd Smith .of this city was solemnized at the parochial horns of Rev. A. Hillebrand, pastor, of St.-John's Catholic church, at high noon today, and after the. marriage ceremony the- bridal party left for the home of th. bride's parents, . Mr. and f-Mrs. Johnston of Clackamas, where a reception wa held, after which the bridegroom -and bis : bride left for . a brief honeymoon, and upon their re turn, will make this city their future home. . . - ' . . . Rebels Take Luchow. -Peking. Feb. 10. (P. N. S.J Tunnatt revolutionists have captured Luchow, Sxechuen - province, ? according to re ports received hers today. OREGON CITY CONCERN POINTS :, EJitedky i fiyrnan.H. Cohn ALL LIVESTOCK QUOTED AS IIogs.Flnd Eager Bids Early at $S for Quality Stuff Cattle Sltui ation Uniformly, Favorable i- Mutton Fails to Arrive..'- ;' t . "HOGS BELL AT $8.05. v H7.-t1. 4t. -.1- M .f.lliin S.t Sg.ttt at North Portland during tne day, the markef was established at th high point. This is. nickel higher thaa, 'Wednesday. . . -tiTT.icr i.ivtsnw m?NT. Hogs. Cattle. Calves. Sheet, wi .... 714 113 - 2tt Thursday'1',,... Wednesday , ....1101 25 4 JLiieeoay Monday Saturday . Friday ... Week - ago. Year ago. . . . , WWl ..... 389 ...... 184 790 .....2487 .......ISO 33 44 41? 2w 20 15 153 267 iJ9... Two years ago. 47T Three years ago.... 1098 2236 Entire livestock market at North Portlana la ahowing Intense strength, with early , bids of 88 for top quality hogs. Four loads came' forward over night, but were not sold early because the shippers failed to put their same J or. tne nuts oz lacuog, ana ownersup was so question., 4" However, tbe strong bids of killers indicated that tbe market continue strong at fuS prices,-' : General hog market range: . ? Choice light weights...... ....$7,9038.55 Good light weights 7.?5to7.SO Medium weights 7H0fl.a. Rough and heavy ....V. ...... 7 .007.24 -1-.1 m. , t .. rrfl . VAbbiQ AJLTKSi BUOOg. Market for cattle is strong at North Por3r IlxkI. Four loads came forward from the' Mr terior over night;' and bidding for these wed aggressiTo si iuii prices, quaucy consiaere(. Killers "are scouring the -country foe immfi- diste supplies of cattle, but - tbe axtrefie weather has made it almost Impossible to make. General cattle market range; Choice pulp fed steers. .......... ..$7.60 7. 05 Choice grain fed steers.. v........ - 7.4O?.50' Ordinary grain fed steer.......... 7.40447,50 Choice hay fed steer.-.........'.. 7.257i, Uood steers ...........8.757.09 Ordinary to common steers. ....... . 6-004lK cnoice cows ...................... Ordinary to common cows. ........ 0.00(3 Choice heifers .................... ST7S Ordinary to a-ood heifers 4.0OaJT7B Choice bulls 3.754t0, ooa 10 xair oaii..., .............. a.uwyjt-oj Ordinary to common bulla.- 2.00feSf3 Best light calves iA Good calves 7.00 &J Few Arrivals of Kntton. - ' Few arrivals of mutton or lambs were shl st North Portland over night. Strength taf 8 market for all offerings u pronounced at i I advances of yesterday. ' For lambs of quality tbe market Is wt ft sight of the $9 mark. - and sales within ' a immediate future, at tbat height would not;, i at all surprising. ' General mutton and Iamb range: Choice weight lambs .$8.758 Good to common lamb ...... Poor to fair lambs - Choice yearling wethera Good to common yearllnga. . . . Old wethers- .,. . Choice llgbt ewes............ Good to common ewe 8.U08 7.50jf -a 7.007 5 n is .ooa to Thursday Livestock Shipper. ; -j Cattle Pacific Cold Storage Co., Stanflf 9, 4 loads. ... . .. f-T" Hogs A- J. Grass, Hood River, 1 load ; jr. E Sarger, Moore. Idaho, 1 load; T. R, Howlit, Troutdale, 1 load; McMahan Sc From, Halsr, 1 load; F. C. Stewart, Lebanon, 1 load; Ct . Kb linger, Bourboo, 1 load. " ' i Mixed stuff Patton & Norwood, HaJseyZl load bogs and sheep; T. It. Howitt, ' LebaniRi, 1 load cattle and hogs; E. GBrattaln, Bprla' ! field, 1 load cattle, calves jd hogs. Comparative statement of livestock receipt: vaiue. uaives.: nogs. Sheev. Month to date. . - 3U' 7 3.hl2 1.42 &me, 1815..... 2,821 39 82 76 162 9,208 - 8,306 44,200 44.520 7.418 Los,- 1916..., Vear to date. St roe, 1915... . 2,454 9.221 16.3 22,1)00 Loss, 1916 2,852 86 820 Sales, Wednesday Afternoon HOGS. No. 46 hogs VSl bogs 64 hogs 1 ho 12 hog 13 hog 4 hog Av. lb. Tei J?i ... 190 .... 176 ... 189 : ".74 ......1 270 103 f.43 6.90 6.90 6.75 $7.' 10 . 6.50 6.16 .. lOS .. 400 STEERS. 5 ateers ......1068 1 steer 7S0 2 steer ..1040 JiEIFERS. 1 heifer 1150 BULLS. 6.75 $4.50 1 bull 1 buU 8 cows 4 cow 1 cow 2 cow 2 cow .- 1380 1990 COWS. ............. 970 ........ ..3. ..1097 - 6.00 B.OO ....1280 .11U5 ...1030 Thursday Morning Sales. HOGS Ave. lbs. ,.-s.. 190 2o7 243 i.. 163 SSiO , 200- ..; i. 196 .'. 170 ....................... 233 2t2 , 205 217 172 ISO No.-, 3 bogs 3 hogs 9. bogs 7 hogs 8 bog 75 bogs 67 bogs 17 botn Z hogs 22 hogs 6 hogs 4 bogs IO hogs 13 hogs 9 hogs 2 bogs 4 hogs 9 bogs 2b hogo . Price J .Kan Bi)5 L 9.W eoor l 2'.. V ' kTo ; 21? 3X! ... iJU 7fiO 845 11S ....ft; 7XO -8f .125 Hard" Cider Sale r Cost Fine of Fif&l -0 Oregon City, Or, Feb. 10.' A,lW Knightly. - arrested last night on r$i nkv nf ullinr H(lir with a. "Btici, I - - ' . . . -- tt in it, was this morning found gulf; . . . - as tst 4uV A as sttrt as 1 oy a jury, suu w t-" .... ., , : - ... .- -v- Li Mariage Licenses Granted, f m licenses were granted Wednesday-. j the . following! 1 Wllllah Johnston al. j Lloyd S. Smith, both of thiaclty; Ali f Cot fey and Charles Benjamin Knfg! the latter of 360 Stanton street, J?or land. ' ' , ' f . j New War Iirtde. It has been . found that ' baled h auhiaoteri to sufficient tension to col 1 press about three times as much hi jL to a bale as in me orainary oaie 1 v commerce, is Impenetrable to ahrspjl j and otner missiles ana isrmi n r cellent protection - on ths 'lring H 1 when - properly placed - along -1 j t rencbes. - - Iarge export orders of, ji for this purpose are reported. ' With - baled hay as a munition i dT war, what can prevent the farmer, v p is already a large beneficiary ' of w European unpleasantness from gri -bias off profits that will" put him n a class with ithe record-breaking "w tx brides" of the stock exchanges ? " W'' .7 i THE VESTERil FR03DCE C C. R. Beckley, M. Mattoon, A. H. Ketoo! 1 Snooeaaor to &OODHDE WTatPLE COJ t Is sow in a eositicn to handle yoor sbipmet k of HOGS. VXAL. POULTRY, FGG3 and BU- i TER a s 8 per cent C0KXXSI02fr or tl make yen a GUA&ASTELD I-a. ICS. If , 181 Front Street. " H Telephones: UaxaaaU 1S29. A-4117;. f- NOW. I STRONG' 111 nir 1 nnAi iVJinne ueiereaccs; xvortnwesiern JtstJonsl Hansj ' - - " - ' . "ii" General Stock List . Is Well Supported In N. Y. -Trading New Tork, Feb. IO. I. N. 8.5 There was no erldeace of a falling oft la : the opening market today. . The upward movement seemed to be well supported. Kalis, as a class, were hp and stronger la th first trading, v A alight reaction.- however, shook the list la the first boar, only to be followed by a recovery move. men t. , Advances In the metal stocks appear a be the first evidence of a general return confidence. - Increased dividend are ex " iceted and warranted. BnDlsh reports are 00 1 tne indusmaia. The feature, of th present market seems to s In that nearly the entire list Is reflecting the action " ef th leaders. Tbe war stocks while fluctuating, are holding a better tone to heavy trading. , Steel was strong in the opening. Frequent resctions are expected by a number of the big bouses. - Unless something of adverse " nature In regard to the foreign eitnatlou arise. : prediction are betng- made that this market will remain's trading affair for some time. -The - Union Pacific railroad today declared its regular 2 per cent quarterly dividend on common stock and its 2 per cent semiannual dividend on preferred stock. . The Southern Pa. ciftc declared Its regular Ift per cent dividend, . The market closed strong. 'Market Is Professional. (Copyright; 1918,' by the New York Evening Post.) , , " New York. Feb. .10 (C P.) Business on the stock exchange today was again made up of - professional activity in Industrial share. Several of these were bid up violently In the middle of the day,- and -were then allowed to relapse with - almost equal violence . In the cloelng bourrv-lt was, In abort, a purpoaeless market, - Indicating nothing . except that no general ' tendency exists foe prices to change their level .materially, but Instesd, in tem porary' fluctuations, to go np more easily' than down. - The day's net changes were irregular and unimportant. -- . - Railway toek were again neglected, and price variation were alight. There seemed to be aome- increase in foreign selling, presum ably of securities held here for European ac count, Berlin exchange waa lower. Range of New York price furnished by Overbeck 4s Cooke Co., 216-217 Board of Trade building: ' Open. Close. Alaska Gold ... . .. . . Alii Chalmers, e.... Allis Chalmers.', pfd.. .. 23V 32 81 . . 7014 .. 6S14 American Beet Sugar... American Can, c....... American Can, pfd..... American Car Fdy., c American Upttoo OH, c 73 55 American Unseed, e. . . American Linaeed, pfd American Loco., c.... 43 103 113H 127 50 ! 80. 1034 American Smelter, c. ........... American Smelter, pfdl American Edgar, - c. . ... ......... American Tel. & Tel American .Woolen, -c Anaconda Mining Co............ Atchison,', c. .................. .. Atcnlsoo, pro. ... . ............... .... Baldwin Locomotive, c. ........ ..115 Baldwin Locomotive, pfd... .....v Baltimore & Ohio, e 88' Bethlehem Steel, c. ..............472 Bethlehem - Steel, pfd , . . . . Brooklyn Rapid Transit. Calif. Petroleum, c...... 31 galif. Petroleum, pfd..,. 4T4 anadiaa Pacific. ........... ,.. . ,173 Central Leather, c... ........... . 54 Central Leather, pfd. ............ ... . Chesapeake & Ohio 63 Chicago Great Western, e..... 13 Chicago at Great Western, pfd.,.. .... Chicago, 2d. & St. PauJ.......... 96 Chicago 4k N. W e Chino Copper 56 Colorado Fuel A Iron, e 49 Consolidated Ga.... .135 Corn Product, c...... 23 Corn Products, pfd Crucible Steel, e 82 Crucible Steel, pfd Denver aV Rio Grande, e. ......... .... Denver & Rio Grande, pfd......T ... Dlstillera 49 Brie, c... 38 Erie, 1st pfd......... 54 General Electric ................ .... General Motors ................. .... Goodrich Rubber... 74 G - Northern. Ore Lands 4T G. Northern, pf... ........122 Guggenheim Bxp. 22 Bide a Leather, pfd............. 51 Ice Securities 28 Illinois Central .... Industrial Alcohol 152 Inspiration 46 International Harvester Juterboro, 17 Inter boro, pfd . 74 . Kansas City Southern, e. ....... .... Lrckawaana Steel 80 Lehigh Valley 77 . LouisviUe NashvUle. .... I Mexican Petroleum .........10s rumi nnnur ....-374 T R. 4k T., c. ... ............ . .... M, a. ac pi ...- Missouri Paci flc National Lead ..... 71 Nevada Consolidated 18 New Haven SS New York Air Brake. ...il47 . New York Central ..106 N. Y., O. s W. Norfolk a Western, c. ...,. .... .... Northern Pacific- 114 Pacific Mall 15 Pennsylvania Railway . People. Gs Pittsburg Coal, c. ..... Pittsburg Coal, pf . . . . Pressed Steel Car. c... Pressed Steel Car, pf.. Bay Con. Copper.... Railway Steel Spring 101 59 25 41 78 needing, c. ................. Reading, lat pf.......... .... Reading, 2d pf......... Renubllc I. AS.. C........ 64 Republic I, t&, pf.......... Rock Island Rock Island, pf Stars. Roebuck Co Htudebaker, e. ......-.,.... ..153 tudebaker, pf . .............. t ... ' ' Knnthern faclftc .....100 kwwm nn.iiipifi ...... ...... Sheffield !X iiSouthern Railway, c 21 Scotbern Railway, pf . f Tenn. Copper .Mr.... t Texas Oil .... 60 ..... o ....208 Texas Pacific Third Avenue . t X T.. St. U W.. c jL?iT., St, L. A W pf ............ I ' Puloa Psei'lcl TJ. S. Rubber, c. ...... TJ. 8. Rubber, pr...... V. S. Steel Co., e U. S. Steel Co., pf... n th ooooer. 1 v irgtms enemies, c. w II Teleirraoh Westtngboose Electric... t Wool worth Ex.-'dlv. 1 per cent. fEx.-dlv, .-- Suspect Is Recaptured. North Yakima. . Wash.. Feb. IO.' 4 tjnanes wauwr ajivsisu . u.;.'.wicaiiu . ;jM Juiy i$ur on a charge of - -&a.a . . . - S Charles Matney, - arrested in Oregon 5. attlA ; stealinsT ; in . . mis x country - anu who escaped a few days after neing placed in the county Jail, here, has been recaptured in Livingston, Mont., and will be brought here.,,. , jDlvorces Gallant Spouse. San Francisco. Feb. 10. (TJ. p.) Because John Edgar Fish an engineer, responded - at night to a woman DERTHICH BROS. ' ISO FRONT STREET. Wholesale Produce ''- ' . ' : Dealer - j. 1 yy Will continue the same busi ness policy and dealings as obtained prior to the recent passing of W. M. Derthick. We wish to thank our 7 pa trons for past favors and as sure them of the same high character of service in the future. - - - Financial, Industrial Development Plenty of Holland Jloney Available for Oregron Farm Loans-t-Of ferlngs Scarce A. L. Mills on Rural Credit Danka and In j terest Bittes. '-. , Zsstera Oregon Xara Xoans Deslr aals.' "Thsrs never was a time, so far as 1 know, says J. liumf eld, resident manager of ths Mortgage Company of America, and who loans funds for Hol land banks, "when the Holland banks had' so much surplus money, a part of which they would bs glad to loan with American farm mortgages as security. Ths strangest part of ths situation, however, is that tha banks demand six per cent Interest for ths uss of their money. This makes It impossible tor us to use ths money on farm mort gages in this country under 7 or 8 per. cent Interest. .Another : unfortun ate circumstance, however, is that not withstanding the fact that I can get all the money I want to use for loan ing purposes, thers la a scarcity of good offerings of farm mortgages. "At ths present time I am looking for and soliciting loans on central and eastern Oregon farm lands, mors aen- I erally than I am from ths Wlllametts valley . section. I think ths alfalfa lands, ths dairying ranches, ths hay ranches, and the wbeatlands ; of that division of Oregon hold ths steadiest and sure'st earning possibilities, in an agricultural way of any. part of Ore gon. Ths lands are not held at so high a price, in ths first place; and they are west of the Cascads range, and in the better Irrigated sections and developed dry land sections it is a common thing to find these farms earning- from 20 to 30 per cent on ths total investment mads in them. . This, with few excep tions, is seldom found in ths Willam ette valley section. "It is our plan to select those farms which are yielding from 20 to 30 per coot on their Investment and to loan our funds on the basis of 40 per cent or neir value as farm land, taking the improvements into consideration, also. I have loaned a largo amount of Hol land money on these lands in the past few years, and have been fortunate in selecting those which have been prompt in the payment of their inter est." 'Long Tims rarm Tosns areeded- A L. .Mills, president of ths First Na tional bank, was at his desk on Wed nesday, for the first time in 10 days. us has partially recovered from the effects of falling-into an air shaft in ins oasement of his son s residence, "My being laid up is an ant lllus tratlon of the old adage that It's-an 111 wind tbat does not blow soma good to somebody. While X suffered severe pain from wrenching; loose some liga ments ' in my back, ths redeeming eaiure aoout my evcciaent;ls tne fact that my head was clear and X was able to do a great deal of reading for which otherwise -1 should not have found tirfiSp l took ths opportunity la read over Myron X. Merrick's recent book on land credit banks and. found it worth while. - X hops to go over It again so ' that I may get mors thor- ougniy into tne aubejet. - "I am not yet ready to go into an extended discussion, of Mr. Herrlck's book or the many suggested plans for a system of rural credits,'.' added Mr. Mills. "There Is on , thing that is needed In the matter of farm loans, and that is loans extending over a much longer period of time than It 1 now customary to make them. It is impossible for a. farmer - to" pay back the principal on a loan bearing a fair rauo to ms total .investment, as well as me interest cnarges, in a period of from three to five years, it can't be done. X think, the objection to tha short term loan Is mors vital to the interest of the farmer than the lower rates or interest. , , "I am not ready to Indorse the bring lng into existence of a complex oraan ization of land banks with a large cap ital, and & liberally paid official staff. It is an ; additional clan to load tha financial situation and the business of the .country . with another commission. Ths expense and ths rsd tans will bs a burden if they are not disastrous tp "Neither am X of the- opinion that the . American farmer is constitution ally or psychologically, if you please, adapted to the spirit of conformity which is inherent in cooperative enter, prises. He Is too strongly individual lstlo in his ways of doina thlns-a to do successful team work with his neigh-J oors. cooperative euterprises have seldom been successful in this country along other lines, and it, will be Just friend's appeal for him to aet as her escort. "Mrs. Fish was granted a divorce. Booth-KeUy Will' Resume. Eugene, Or, Feb. 10 The . big mill of the Booth-Kelly Lumber company will probably resume operations next Monday, . according v to A. C. Dixon, manager of the company. For ' imitating engraving . with a printing; press an electrical process has been invented that bakes Into ths freshly printed ink a powder that raises it to ths height of engraving. PORTLAND FIRE RECORD ! Monday. 4:35 p. m.816 West Holland street; defective flue; no. damage. ' 6:37 p. ra. 763 JSast Burnslde street: crossed wires; slight damage.'. aPuesday'.". g, a. m. L. Cooperstein, 723 .jCast Seventy-second street north; paint Igniting- from hot pipe; loss 8600. 11:16 p. m. Lincoln hotel, 80S Mor rison street;' flue fire; no damage. ' -.. -' . '- Wedaasday. - - ' . No fires: - '- . - . . ' - Thnrsday. I-' . , 2:42 a. m -Mr. Ross Ruber,' 359 Third street; ' drying . wood behind a stove;'-loss $50. - " TLief wck Kfa&adl Email ' of Portland, Orpcon offers you every facility qf modern bank ingtiwith courteous and prompt attention to your needs. . We will appreciate your account and know that we can be of as sistance to 'you in business and financial affairs. . - Capital end Surplus as much of an experiment in the case of the farmer. "However, X shall be glad to go into the subject more fully a little later." Interest Bates Based oa updIt and PeTfianrt "Lower Interest rates are desirable, also for ths farmer, but in terest rates are influenced by supply and demand Just as much as the sell ing price of any commodity," added Mr. Mills. "Low Interest rates Will follow as ths community becomes mors fully; developed, and where development-is uniform over . larger - areas than can bs found in the Pacific coast section. Low interest rates are also affected - by the - demand for money, the security that Is of feredr and the ability to pay promptly. It remains to bs seen whether a uniform Interest rats for ths entire country can be estab lished In farm loans or any other form of borrowing. At present I do not believe that It can. Local condi tions are bound to affect the local op portunities for ths use of money." German and. Austrian Sxohangs Higher. -The local banks have all been advised of a rapid change upward in the price of Oerman marks and Aus trian kronen, -but none of them is able to g-ive a satisfactory account for the sudden change. The advices were re celved by wire and the reason for the change has not yet arrived. Austrian kronen, which are sold at about 20 cents in normal times, have been sell ing at 13.38 and are: now quoted IB cents for largs amounts. Marks, which are 24 cents normal, have been 'selling for 1S.75 and are now quoted at 19.60 for large sums. Annual Statement Canadian Bank of Commerce. j C. Mai pas, manager of the Portland branch of the Canadian Bank of Commerce, received Wednes day copies of the annual report of the condition of ths bank and the record of the proceedings of the annual meet' lng of stockholders held last month in Toronto, the home office of the bank. It is a printed book of 140 pages, and contains, besides the president's ad dress to ths stockholders, an address from the general manager, the detailed account of the proceedings of the an nual meeting, a complete survey of business conditions ss set forth by the managers of the principal branches in Canada snd the United States. The practice of banks issuing to their shareholders complete-reports on their affairs is common to Canadian and European banks but Is not generally followed by the financial institutions of this country. . . Building Operations Besomed--The placing; of marble and the general con struction work was resumed on the First National bank's new building yesterday, following a delay of several days due to storm snd weather con ditions. Owing to the unexpectedly severe winter and the delays in getting material progress of the work is con siderably behind the time schedule laid out for the erection of the build ing. Visiting- Bankers John E - DuBols, president of ths PuBols National bank of DuBols, Pa, who ie also the main factor in ths holdings of the DuBols Lumber company in Tillamook county, has been in the -city for a few days and has also been down to the .coast. F. O. Cooke, assistant cashier of the Mercantile National bank of San Fran cisco, who two years ago held a similar title with the Lumbermens National bank' of Portland, la in the city on business for his bank - here and In Seattle. 6 for your Sav ings guaranteed in an investment secured 'by "first mortgages into which yon can put your savings, small or large and get' 6 in terest. Ask for details and our free "Better Investments" . Booklet, :. BANKERS MORTGAGE CORPORATION Title & Trust Eld"., Portland, , Or. . Oversell 11 (hlic Co. Stecas. Bonds. Cotton, Orals. Sts. SlS-fl.17 Board of Trade Building. DIRECT PRIVATE WIRES TO ALL EXCHANGES Members Chicago Board of Trade, -Correspondence of Logan A Bryan, Chicago. New York, - - C3,CCD,G00