THE OREGON DAILY JOURNAL, PORTLAND, SATURDAY, ? OCTOBER 21 19W.
11
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i xItmtti iv i a rx i
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iUAvl llhu nUVnMUl-O rMxt- IVIMLL. 1 1 1 rrIUL
CALIFORNIA
BIDDER
m PAVQ t1. PCMTM
if, iniu pi,uu ULiunL
E
Unable to Secure Supplies at the
Forjner High Price Quoted, Spec-
ulator Offers Iiine More Sell
ing Is Much More Limited.
POTATOES
HER
y Pott to bldi In the eoontry have advanced
to 11.33 at country polnta, which bar tn
.Min freight rata to outside points aa Port
land. The general buying price for potstoe re
Vhaln at tl.'JS per cental for beat shipping
? jitot-k., but It la ststed tbat one California
ij-le at. wlio U long on California supplies
' ;nd ron id not purchase freely bere at $1.2-1.
toatt-d the price dim. to get even with
f I dealers.
'it Tliat this higher price waa paid la now
Confirmed, but thus far the general trade
' ., ,ka not followed tba B'lvaure.
Jf Tl'e buying of potato- at country polnta
4 alow lug up somewhat because of the mora
S sratrU'leil ot fcrlnge by producers. The fart of
. jha matter la that many growers hare been
. Suable to dig their aupplles because of tbe
'J - 4hoi taise of labor and mauy are not Inclined
Jo sell until they have the stock In tbe bag.
Uutalile markets continue firm, but me an-
ancea here during the last tew days hurt
ern tu most taiilil In the 1 11 lira 'country.
I'GAH ADV.INCK IN KFFKCT
If
Advance of 1.1c iier lental reported by wliok-
ra yeaterday took effect lu the sugar niar-
todny. 'Ilia ulm-ea dry granulated at
.'fS.23 per rhinrtred pouiwla. Many purchase.
were made brevlotia to thn rise.
! ; grAIl pKPPEHS IS ORDERED
' j i Ktill oarload of California peppera haa Iwen
dcred br the local wbolesala trade. th ahlp-
z lval bere next week,
The previous shipment
.J m cleaned up.
A4rANCY PEACHES AT 60 CENTS
While the hulk of the peachea stone: the
treet ara aelllns very alowly at 4i'cJ.c a
'h't. aonie extra fancy atock la moving In a
llu'lled way as high aa 60c Itccrlpla contluua
n liberal.
1 m
CltANBERIUES HOLD FIRM
Market for oranlmrrlcs Is holding firm with
ha a4rn nli.it.l tririlllv ir X14V slthonah
''...n ......I. lu c.tlln. frnni FJW. f.i Si a
."Sbuuel beh)v the top. Loral stock Is less
JE H"'1' offered.
J SWEET POTATOES SCARCER
tipcat acivrclly of sweet potaloen la shown
here becanne of the lunblUty of Cullfurnla
t'hliper to eciire urn. far hh known no
'xamlpnienta me rollliiu 111 this dlrei-tlou mid lo-
MiCal nolilliiga Rre nominal.
. ' "
r BRIEF NOTES OF THE TRADE
l'"'" Car California lettuce reported In. Sules at
2.2.'.(&2.ro .rate.
I-'- Ekir sndlutler inarkt ts ure stesdy to firm.
, String ben n In small supply llh aulcs at
""?.
. , lrle1 beann are nominal at ouotatlon.
'" " 4 ) nli 111 murkei holda sternly to strong at
' former price.
f"""' Country killed meat Ju.t steady.
filllPPKHS' HEATHER NOTICE
rr
Weather Imre.iu .ul vines: I'rotert Mpnienl"
'"during the mil IS hours aa fur north as Se
'aalile .agahiat minimum terupemtures of ulsMir
,tS degrees; northeast to K(Hkane. degrees;
"1utheHt to llohie, ..2 degreea; south to Asb
hjnil. : degrees. Mlnliimn: temperature at
piiMlnnil tonight about t degroea.
-JOBBING PRICKS OF PORTLAND
'' The. prices are ttme at which wliolsnler
' sell to retailers rxcoj t as othefwlsu usted.
Bairy Produce.
Ill'TTKK Crenniery prmts. 'estrns. 30c;
8 rime firsts. 37c; tirsia. 3t)',c; culies, lc lens;
airy, lulling price, 25c.
Bl'TTKIU'AT Portland delivery No. 1 sour
. erei'in' :i7e; N'o. 2. 3,'iC.
EGGS Selling price: Jlelected fresh. 42(fj4,1c;
case count, Orecnu rsncIT 3llc doten; ordi
nary candled, 42c: April storage. 32a:i3c.
LIVK Pori.TKY -- liens, heavy Plymouth
- Rocks, lt'jiUIV: ordinary chickens. 13Jtl3S4c;
ii atau-. lie; broilers. 10e: turkey.. 25c; dreited
fancy, 2"hc; plHi-ins, $1.5ogl.00; siuatis. $2
: don; geese live, 1 1 o. 1 1 -j : I'ckln ducks,
t.l4Ct 15c ll.; Indian Hnnners 121313c.
1 . CIIKKK- Selling price: Presh Oregon fancy
full renin twins ami triplets, ID'rtluHc Hi.;
'Toting America. 201121c I'rlce to jobbers:
Pints I'Xc; Young America. 18c f. o. b. ; cream
Brick', "Tt-; Llmburger, 22a23c; block
tluls.. 3iU"'2c.
Fruits and TegeUble.
KUK..SII a'llt I I'M -oranges, Valencia. $i TiO
4.175 per boj ; ansnai, 4c lb.; leiiHins,
$4.fomo..si; t allforuiH grapefruit, $J.5iikH;
. ' Blums, 0.'iaTc box: cantaloupes, i.'.'ul.iO
.vrsie: Ice cream watermelons SI. 1 5 per Cental:
,. IK aches. Oregou, 4000c; Bartlett pears. $1.25
Uiuu.
BhVKBIES II uc k lebe rr I ea, 78c lb.; cranber-.-.
Ilea, local, $3 Ihix; eastern, $t.50 barrel.
, APPLES Local, fKK iu2.00 bwx, according
't) quality. )
'' ONIONS Oregon. $2.50 per cental: aa-
soclathm celling 411 ice at country points, $2.00
c. per cental.
(IT11 11KS Selllnir nrlce: Sm L,l Ha
1.50; buy lug prlie, ordinary shipping, $1 .H,t
1.10; fancy, $1,154(135; aweeta No. 1, $2.2-
o
j. 2. ;i.uO.
V KU ETA
A ni.KS TurnlTia tl U lin k ..
,.. $125; parsnljia. $1.25; Oregou cabbage, $1.56
per rat.; M'-cn oniona, .c dosen bunches;
peppers, 4t(10c lb.: head lettuce. $2.28 craie;
v a.u rv. 50ii5c d'laen; arrlcitote. uoc: cucum-
seers ( ); lomsUies. Uregon. 0470c; egg
'fiisnt, 2MiC lb.; atiluc beans, 11c lb.; rhu-
nsrn, 1'u'H-c iu., pvas, uc lo. , cuuiuiowei,
$:.ooi.5o.
Maata, Fish and Provislona.
DRESShO MtATS Selllu- price: Conntry
. killed beat bogs. 12c lb.; poor, lota 11c; best
'v-vaala, 11c; ordinary, Sdjloc; heavy, 7c;
T-'poor, 74iiVttc; goat, bdc; lambs, ll'c; mut
:ston, Mtliioc.
rt HMOtAkl) MEATS llama. 20 23 "Ac-
breakfast bacou. 4ii(Jlc; picnics, 14Vjc; eot-
isge run, 10c; nun cirsra, smoaeu, loWu
' lbc; OregOu exporta, smoked. Ac lb.
LAKD Kettle reudeted, tierces, 1714c; lard.
,J il-MC; laru cumpoimu, 11c,
, UiBitsa uiyuipm, gaiion. -75; canned
tern 55c can. 40.50 dosen: eastern In .h.n
Si $1.85 per 100; raaor clama ( doaeu; saatern
-wyatera, per gallon, sonu iiicg, $3.00.
.... 1011 i'ir".ru . ."u. ' , v , luiuuoi Bai-
mon. 10O per lb.; ateelhead, 10c; perch, 8Wc:
lolnstera. 30c; sliver smelt 8c; Sslmon trout.
10s lu.; halibut, ll913c; sturgeon, 12g(13c.
,.l(CliAU5 lirge, i .a; meaium, dosen.
Grocer iea.
tCGAR Cob. $9.00; powdered, $3.75; fruit
'i- berry, $.25; Honolulu, $a.l5; baet, $.05;
yj'irf granulated, $S.25. 1) yellow, $7.05. (Above
uuotaiiona are jo uays net caas,)
HON EV New, $3.25.50 per caae.
KICK Japan atyle. No. 2, 44c; New Or
leaua, head. 5?;fcttSWc; bine rose, 6c.
v SALT Coarse, hall grounds, 100a, $10.50
. . per too; ooa, ii.ov, mum aairy, 00a, X It. I
T.VlOOa. $16.6o; balea, $2.25; lump rock. $20 t
.'J BEANS Small whiti. Uc: large white 8Wc
-.-puis. 7a v , wiwu, " h c ; re a, f c,
Hope, Wool and Bides.
Vina HOPS Nominal, huylng price. 18L1 rmn
. San'OHe lb.
,. WOOL 1910 clip: Wlllatrette valley, coara
vjotwoiu, owv, uieuium auropaoire, JBc; fine
tOc; eastern Oregou staple. 2tu25e per lb
noorae and medium, 2s32c lb. '
..... kilDES Salted hldea, ISc; salted a tag a, Uc
krten and aalted lip, 18c: green and aalted
'ealf klos, a5c; greeu hides. 16c; green stags
'ri'Cttc; dry bldea, 3oc; dry calf akin 32c: dti
salt nWe. 25c; dry horse hide. f6cti$1.5o
. hone hide. $3.0o(f 4.00; horasbaix. 28C
"jory long wool pelts, 21c; dry short
"vool pelta, 17c;, dry sheep ahearllnga.
i i each.
1025c;
aalted
sheep shearllrira
.Jr,
154j25c;
salted
long wool pelts.
verbeck & Cooke Co.
tecke, Bonds, Cottoa, Oral a. te.
S16-217 Board of Trad. Ballaina;
"iDIRECT PRIVATE WIRES
Si TO ALL EXCHANGES
. Members Chicago Board of Trad
Corraapondaata of Logan Bryava
Chicago. Mew Xor .
a iv i rrr HTr k
a k I'm, , - - m m . . .
CEREAL MARKET NOW
GENERALLY ADVANCED
WITH FLOUR FIRMER
Bran, Shorts and Rolled Barley and
Oats Klse During the Day JLat
ter Up $lJSO Ton Here Bakers
Buying Flour Sparingly.
ntZVD OF THX TRADE.
Erf a aad butter firm.
Cheaaa market firm.
Fotatoaa ruling higher,
Oniana holding firm.
Apple trad pottad.
Sugar adTanoa in affect.
WHEAT TKADE IV BErif .
Local wheat lo higher to lo lower,
Blueatam re parted told at
Llrarpool wheat unohang ad.
London cargaea unchanged to 84 higher.
Buaaoa Airaa whaat t to 5o higher.
NORTHWEST O&AIN RECKIPTS
Cara
Wheat. Barley. lr. Oata. Hay.
PortUud, Rat... 2t 7 10 8
Year ago IW 11 5 18
Total thla week. 1M 4 34 M KT
Year ago tl2 67 01 2U 82
Beaton to date., 5d S37 IM 552
Year ago bibH 723 tH iS9 H6
Tawiu., Friday 17 i 1 13
J ear ago 30 2o
Seaaon to date.. 20 M OS .... 161 725
Year ago Ml 4 17Ti 17S
Seattle. Friday.. 21 4 H 2 2S
Year ago V) 1 1 'J -O
Soii to date.. 20UJ 12. 6W) 600 K;i;l
Year ago 3Wi Kit! 75 411 174:1
Because of the aboitage of bay and feed
gvnerally, mlllstuffs are bowing a rapid rise
lu tbe local market.
Local millera arc today quoting in advance
of SI a ton for r hurts and 50c for bran, with
tbe latter in very heavy demand In the home
aectlon and Cullfurnla eagerly bidding tor
upplUi,
There I alao an advanca of $1 ton In
rolled barley at (37.50 a ton, while rolled
oata show a further rise of $1.60 a ton at 33.
1'lour market continue very firm with no
changes shown In price here during the morn
ing. Baker ara buying only aparingly. It i
auted that about .the only purchaser are
the smaller bakera who alwaya purchase from for seed purposes anil domestic use. It la
bund t moulb. Tbe big buker are said to . dcbted whether much of the present Argentine
ho supplied for the Immediate future. crop will be available for export.
The effect of tbe British action In taking Throughout ihe United Statea miller raised
over wheat contracts of Manitoba is not the price of flour between 20 and 40 cents,
known. Some of the trad Inclines to the be- ( when the price of wheat went above the $1.70
lief that this will cuune a further rise In murk. Chicago bakers met here this morn
thli country, while other aay that the market , n the Interests cf t campaign to have
price will probably drop. j crugreg place embargo on tbe exportation of
Abroad there waa a very firm tone In tbe wheat,
wheat trade with Uverpool spots unchanged I Many of the trad"-s looked opon the al
and Loudon cargoea unchanged to 3d higher. ritiice n corn yesterday as uureusonnbli- and
PLUCK Selling prue; i'utent. 7.40; WH- the- break, which was. expected today failed
lauiette valley, 7.j0; local straight. $(1.8ua , materialize during the early trudlDg. Ccrn
7.oo; bakers' local. S7.20C. .4o; Montana fractionally u.wer end fluctuated with
aprlng, XhO; exports J 50; whole "wheat, j , ,rat Tn pr"OT.oll market waa attady at
1.-.40; giuham. 7.20; rya flour. o ulgber opening prices.
HAY Ituylng price, new crop: Willamette
valley timothy, fancy. $15,004 18.00; eastern
Oregon-Idaho fancy timothy, l'.iif21; alfalfa, 1
110.7.'); valley vetch, lo.0O((j 14.00; cheat, i
lU.tK); clover, y 15.00 tou. 1
(ilt.MN SAt K.v-ItUtJ iKiinlnal: .No. 1 Cal- '
culls. 1 1 144 1 1 . lu carlols; less amounta ara
hiaher. .
MILLSTI KFH Selling price: Brau, $23.50; .
bi ji it fail yr-.i iuu, t
Ulli.l.Kli UATS 7a7.25 ler barrel.
Merchants exchange October bid prices:
vV-HKAT
Jon.
137
133
10
131
120
lKlO 11)15 U'18
illstem 14 110 '4 15 115 14S 141
P'tvfold 141 P2 142 142 li VJ'
Club ...!'.) !" i:w l.W l;tf 132
lied rife.lH.1 K7 10J 131 13 I'M
11 KUB..1.1S S7 J:i7 130 134 12J
OATS
Feed . 3075 2100 3O50 3050 3000 2975
BAULKY
Peed ...-woo 20.--0 3. 30oo 3000 3o00 3400
I uiufrt who ijihiiiii
WILE AT
Bid.
llOLj
147 V
142
143
140
140
140
1 10
l:i8
138
November bluestera
Deeemlier bluestem
November forty fold
December forty fold
November i iub
December club
November file
December fife
November Russian
December Russian
FF.ED OATS
November outs
December oats
FEED BA It LEV
November barley
Dicember barler
.3100
.3150
.3650
. 3650
Plueatem advanced to $1.46. another ne
record for the season, on the local market to
day, while tbe wheat range waa generally lc
higher to lc lower thau yccterday's quota
tions. A report from the Interior atatea that
bloeslem aold at $1.50, butls tidewater du
ll very .
October bid oata advanced Aic per mn on
the tchange to $30.73. while barley fell 50c
to $;16.(K.
Salea for the day were 100 tone November
bran at $21.60.
.. ....... , .
DAIRY PRODUCE ON THE COAST
.
. San Francisco Market.
San Franclaco. Oct. 21. (U. P. Butler
Kxtraa. 32c; prime first, 31 He; firsts, 31c.
Eggs Extras, 47V4c; pullet. 41'4C.
Cheese California, fancy. 17c; flrsta, 15c
Oregon trlpleta, fancy. 17 'ic.
Seattle Market.
Seattle Oct. 21. IU. P. ) Butter Native
wctilntnn creamerv. cube. 37c: do brick. 38c;
sloraze cuts". 34c: do brick. .14c.
Clnjese Oregm triplets, 20c; Wisconsin trlp
leta. 20c; do twins. 20c; Young America, 22c.
Eggs Select ranch, 50c; fresh eastern egga.
42c; April atorage. 24c.
I.oi Angelea Market.
Lo AngeUn. Cal.. Oct. 21. (P. N. S.)
Lpgs. caae count, 45 cents.
Butter Kreab extra, 33c.
POTATOES ALO.iG THE CO.Sl
San Francisco' Market.
San Francisco, Oct. 21. (U. P.I Potatoes
River. $l.5il.80 per cental on wnarr; hai
lnaa, $2.00&2.25; Oregon Burbanka, $1.75(8
1.90: eweets, !Xt31c Pr pound.
Oulon California.- $2.50412.60 on wharf.
Seattle Market.
8eattle. Oct. 21. (D. P. ) Onlota Yellow
California. 2ic; Walbx Walla. 2c.
Pota toes White River, $34; Yakima Oema,
$30ttS7; sweets, 2c.
San Francisco Cash Grain.
Pan Francisco. Oct. 21. (U. P.) Wheat
Northern club pot. $2.32X4 2.37 V4: Califor
nia club. $2.20&2-4O; red Russian. $2.35(3
2.37X2; fortjfold, $2.42X462.474; Turkey red,
$2.50(2.00: bluestem, $2.47X42 JS2X4-
Barley Pet cental, feed, $1.801.85; ship
ping and brewing. $l.S7X4vtl.92V4- "
Oata Red feed, $1. 65131-70; do, seed. $2.1.1
422.20; cleaned, $2.15(32.25; white. $1.65Q
1.70; black, $2.90(33.10; machine-cleaned,
$3.25.
Oregon Apples In South.
Ran rrancUco, Oct. 20. (I. N. 8.) Apple.
California Gloria Mundr. 6065c per box;
belletleur. 60tJ"5c; King. 05(Oi75c; fall plp-
51 ns, aoS65e; Rhode Island greenings, 5075c;
onathgn, ft585c; Wagner, 60 75c; Hoover,
W!(ft75; Oregon Jonathan, $1.S51.50 for fancy
and extra fancy.
each 75cti$1.25; lted abort wool pelta, each.
50cW$1.0v; dry goats, long hair. ISc; dry
gocu, short hair, 14c; dry goals, shearlinga,
etch. 10420c.
TALLOW No. 1. Sc; No. 2, 7c; greaae, 6c
per lb.
CH1TTIM OR CASCAHA BARK Baying
price, per car let, 6c; leaa than car lots. 4V4c.
MOHAIR I8I0, 40c.
alSAL Dark, 13e lb.; white, 13H lb.
Paints and Oil.
COAL OIL Water white, in drum, and Iron
barrels. IOC.
UNSEED OIL Raw, bbl.. 98c g.L; kettle
boiled, bbl., $i; raw, case. $1.03. boiled,
cea, $1.06 gaU Jots of 250 gallon, lc leaa.
TURPBNTINB Tank. 8c; case. 64c gal.
WHITK LKAD Ton lot. 10X4c lb,; 500 lb,
lot. 0e.j le lot. He per lb.
OA&OUNB Ba.i. yrlce, 20X4p per gal.
OIL M E AL Carload lota, $34; kaa thaa car
let. $.
Seed. Buytag Prieea.
CLOVER Red. 14c: alatke. 15c per lb.
TIMOfUY tVe4Vje; domestic r,a grass.
SUttic; vtcb. iac; ouloo, $V4e.
A i-n i i. i tvi mi'r i'Sr-
.. . i . l.
MARKETS FOR TODAY
Borden Company Advances On
Brand 50c and Another 25c a
Case Exciting Demand for Raw
Product Throughout Country.
The market for both freab and canned milk
U booming. Bereral of the local diatributora
hare recently adranced their quotatlona on
fresh milk and of lata there baa hi en a
general adTance In the price of the canned
prodtii-t.
There waa a ata'rtllng advance In the price
of two brauda of canned milk In tbe local
market diuiug the day. The Kngle brand
waa adTaoced oOc a caae and the Borden brand
25c a case, establishing In both lines a new
high record for the season.
While other eannera of milk have not yet
met tbe lateat advances, it la expected that a
general rlae will be shown any moment.
The ahortened supply of milk, together with
the greater demand for tbe raw product from
coudenaary, cheese and butter lntereata la
Exporta of canned milk to Europe continue
Wheat Forces Loss
Of Early Advance
Chicago, Oct. 21. (I. N. S.) Heavy week
end profit-taking baited the advance in gra'n
in board of trade pit? in tbe first hour here
today. Wheat, corn and oat prices opened at
higher figure, but were selling below and
ateady to yeaterday'a eloae by 11 o'clock. The
holiday ended toward bearlshnesa despite re
assuring bullish weatner re porta from Ar
gentine. According to tbe leteat cable from South
America the drought ha been so severe that
s,m cf tbe farms will have Just enough grain
Range of Chicago prtcca by United Press:
CANNED
MILK
MOVES
SHARPLY
HIGHER
WHEAT.
Open. High. T.ow. (lose.
170 170X4 H:S 170i
iw not, ii;s',i 170x4
CORN.
sr. xl s;ni, 7
Ml S7'i M 87 V4
OATS.
r.o-v, :.i -if" r4
.... 54 u 54-4 5::-, MS
PORK.
. ...2S00 27I 28HI ;v,0
2MT 2.131 247.1 25ii
2502 2535 21!vi 2532
LAUD.
15C5 1570 1 ...". 1570
IWSl 1525 14'. 1512
1410 1455 1435 1435
RIBS.
1340 1357 1.TS7 1350
riec.
Mny
pi,
viBJ
lJ
jMay
I
Oct.
Uec.
J"-
Oct.
lec.
Jan.
AMKRH'A LIVESTOCK PRICES
Chicago Hoga $10.45.
Chicago. Oct. 21. I I. N. H.I Hogs Re
ceipts 11.O00. strong. 10 to 15c higher; bulk.
$8.1)50110.33; light. $5.5H 10.45; mixed. ! 70
I i 10.50: heavy, $0.70f 10.45;. rough, $9.7otf
0.S.V pigs, $7.tKKft9.45.
I I'ntlle Receipta 1000. ateady. Native beef
cattle, $r,.5nj 11.40-. western ateerx. $0.1iryj
0.25; stoekers and feeders, $4.75(147.75; cows
jBinl heifers. $3. 4011. SO; calves. $7,257(11.85.
j Shee- Receipts :yH). steady. Wethers,
i $7.MjrT 8.25; lambs. $8.25Ai'1o.55.
Kunsaa City. Oct. 21. (I. N. S.) Hogs
Recelpla 2.VK). Bulk. $8.7510.10; heavy,
I $10.OO'stl0. 15; packcra and butchers, $10.00 n
w ' 10.20; " light, $'J.004ilO.OO; pigs, $8.50f!l.5o.
cattle? lteceipis ateauy to strong, rrime
fed steers, $9.50'4 12.00; drcsed beef ateera,
$7.00(i'.1.25; western steers, $6.00(ji!i.25; aouth
em steers. $.V501i7.50; cows. $.5(i((J 7 .25;
beifers. $."..vtii4 J25: atockers and feeders. $.V($
8; bulls, $4.75lt.25; calves. 'O'n 10...0.
Slieep Receipts 3000, steady. Ijimba,
H."o io.); yearlings. , ..iob.oo; wetnera.
iT'US; ewes, sn.i.idj .u.
i Omaha Uoga $10.10.
I Omaha. Oct. 21. U. N. . Hogs Receipta
I 48isi. higher. Heavy ?!.75M1.00; light. $!.'.M)
! f( lo 10; plga. $b.50;a'J.5o; bulk of sales. $9.85
I ttu.5. '
t attle Receipts 900, ateady. Native steers
j $0.75M10.5o; cows and heifers. $6.00Q7.5O;
i western steers. $6.5O9.O0; Texaa aleers, $0.25
7.oo; etockere and feeders. $6.00r8.25.
I Hheep Receipts 12iK, steady. Yearlings, $7
ts K); wethera, $0.5O4i7.75; lambs, $9.00
10.20.
Denver Hoga $10.
Denver, Oct. 21. Cattle Receipts 4400,
i steady. Beef steers, $Vi.25W7.50: cows and
i heifer. $o. Jfo,D.oO; stockera and feedera.
$3.40fu7.4"; calves, $S0.
Hogs Receipts 600, market 5 to 10c higher.
Tops. $10; bulk, I'J.tS&lO.
Slieep Receipta 5000, market steady. Lamba,
$0.50'alo; ewes, $6. 40 6.90. -Seattle
Hoga $9.65.
Seattle, Wash., Oct. 21. I P. N. S.) nogs
Receipts, .... ateauy. Prime lights, $9.0orJ
P. 05; medium lo choice, $9.254(.9.5o; smiith
heavier $8.75ii(9.15; rough heavies, $8.25(3
8.65: pigs. $8siH8.05.
Cattle Receipts 28, steady. Best steers, $7
C7 5; medium to choice, $6 25'a6.50; com
nxiti to medium, $5.25t(i5.75; best cows, $5.25
tlo.u; common to medium cows, $3.o0((4.50;
i bulla, $3.0O4.50; calves, $7.0oas.a'
Sheep Receipt none, ateady. Lambs $S.OO
HCM.o; jearunga, o.oO((f i.oo; emi, fi.aocn
5.50.
San Francisco Wool Market.
San Francisco, Oct. 20. (I. N. S.) Wool
per pound, Humboldt und Mendocino, S montha,
22ligCOc; 12 months, 2.st(;xic: middle countlta,
6 months, 1720c; Ued Bluff and vicinity,
12 months, 254126; Nevada stock ataple, 223
24c; extra light crossbred, 25&2Sc, according
to quality; north coast atatea clip 1916. 20 (J
28c; lambs' wool, lotaloc, do California.
12 15c.
St. Loul. Oct. 20. (I. N. S.) Wool un
changed. New York-London Metal Market.
New York. Oct. 20. Copper firm: electro
lytic first quarter, $27.2528; Iron steady and
unchanged. Tbe Metal Kxchange quotes tiu
firm; spot, $40.SO(S4S.37X4 ; lead. $747.10:
spelter firm; spot East St. Louis delivery, 10c
asked. At Loudon Spot copper. 124; fu
tures. 120; electrolytic, 143 10s; spot tin.
17 10s; futures, ac ISO 10a; lead, 30 10s
spelter, AvS.
Walla Walla Farmers Hold Wheat.
Walla Walla, Oct. 21. While wheat price
have been strong and on the upward trend dar
ing tbe past week there have been no sale,
and the supposition Is thst there is little
grain remaining unsold bere. Those few farm
er who have grain In their warebousea will
not sell until the quotations soar to unheard-of
level.
Grows Large Potatoes.
Four large over-grown apuds is the evidence
tnhraltted by 6. B, Alley, who Uvea at 1181
East Taylor street, that 100 acre of pasture
bind tbat he owns in Tillamook eountr to
what la known as the Onion Peak country
make good garden land. The pota toe average
two pounda each, are large and heatthr in
appearance, without the usual abnormalities.
They were grows on tpe bottom land formed
by. the Nehalem river.
New York Cdffee Market.
New Tork. Oct. 21. (U. P.) No. 7 Rio
pot, 04c; No. 4 Santos, 10c.
Elgin Butter Market.
Elgin. Oct. 21. Butter S4X4e bid. No offer-
lass. . be salea,
tie sales. Last week, a price ZtMe,
AP aa mmtp
Uf OttmNCU
l. m i iti
Hog Mark'et Has a
Shade Better Tone
At North Portland
Receipts Are Limited But Buying
Is Good Mutton Is Also
Showing Good Tone.
PORTLAND LIVESTOCK RUN
llog. Cattle. CaWea. Sheep.
Saturday T: 35 1 13
Friday 54 314 1 25u
Huraday 1071 22 58
Wednesday 52 2 6 1150
Tuesday 7 US ,
Monday 2Hd. 1027 73 11?5
Wetk ago....... RHA 115 45 31
Y'ear aito J71 1
Two years ago.. 632
Three yeara ago. 75 13 6
There waa a ateadier tone In the awlne di
vision of the local market, although no salea
were made beyond $9.25. the recent high point
for top quality. The receipts were limited as
usual at tbe close of the week, but the trend
of tbe market indicate, a alight improvement.
General bog market:
Choice light welgbta $ 0.25
Uood light weights 9.00(g.20
Medium wcigbta S.75a.ttO
Bough heavy H.OOftfS.30
Cattle Situation Quiet.
Quiet tone continues in the cattle market at
riorth Portland sfc the week's closing. There
was only a small run of odd and ends and
former price ware not given a thorough teat.
However, the general idea of the trade la that
condition are unchanged.
tieueral cattle market range:
Prime light ateera $fl.S6 60
Prime heavy ateera U.708.7&
Good light ateera 6.0066.25
mockers and feeder 5.005 50
I rime dehorned cow and heifers... 5.50
O'mnioa cowa 4.0o5.(s1
Bulls S.5ol4.5i
1'iime light veal calrea 7.sj7.50
Prime heavy veal calves 4.00ted.00
Mutton Strong Bnt Unchanged.
Market for mutton and lambs continues
strong at unchanged figure, with not enough
good (tuff coming to establish price. The
cirtket if anything is shade higher for good
tuff.
;eneral mutton and lamb market:
Belect spring lambs $ 8-75
Ordinary lambs S.OOlgS.25
Best yearling 7.25"(7.50
Good to common wethers 5.75(a8.0i
Beat ewe 6.75d0.00
Heavy 10 common ewea 4.00Q4.50
' Saturday Livestock Shipper.
Mixed stuff J. Djdarak, Sheridan. 1 load
cattle, hogs and beep.
Friday Afternoon Salea.
STEERS.
Ave. Lbs.
No.
2 steers
4 steers
1 ster
1 ateer
Price.
$H.50
ti.OO
5.75
a 5' i
1257
lu2
1050
770
963
WHO
04O
530
830
800
920
1)00
lion
1140
1113
WW
10OO
8!K)
S30
172
ltsj
205
173
100
COWS.
3 cowa .
1 cow . . .
1 cow . .
1 cow . .
1 cow . .
1 cow . .
1 cow . .
4 cowa .
1 cow . .
1 cow . .
2 cowa .
1 cow . .
1 cow . .
1 cow . .
1 bull ..
4 hogs . .
14 bogs . .
4 bog s . .
6 bogs . .
3 lamba
$3.23
3 25
4.25
5.25
3. .VI
1.75
2.75
2.25
4.50
4 .50
??"
3.50
4.00
BILLS.
HOGS.
$3.50
$9.25
6.C0
0.25
8.2c
$8.54
LAMBS.
Saturday Morning Salea.
STEERS
So. Ave. lbs. Price.
1 steer 800 $5.00
BULLS
2 bulls 70 $3.35
1 bull HsO 3.CO
IICGS
6 hoga mo $9.25
4 hogs 170 1..25
6 hogs 178 9.25
76 hogs 191 9.25
63 hogs 187 8 25
3C hogs 142 9.25
8 hogs 140 8.25
12 hogs 178 8.15 j
12 hoga 302 8.o
bogs ISO 8.1.-0 I
SPRINGFIELD
GROWERS
STORE
WAITING
FOR PRICES TO RISE
More Than 2500 Bales, Be
longing to 12 Local Grow
ers, Held in Warehouses.
Springfield, Or., Oct. 21. oMre than
2G00 bales of hops, representing the
crops of 12 local growers, are stored
in the warehouses of Springfield wait
ing until prices increase. Two carloads
;iave been sold to buyers at Milwaukee
and New York at 11 cents. Although
the hop output of the Springfield farm
ers is nearly 3000 balea this year, it is
ntarly 900 bales short ol normal.
The shortage in the crop is due to
the excessive wet weather during the
hop harvesL Thousands of pounds of
leps could not be plckci on account
of mold. The hops tha.t were cured
this season are larger than usual.
Potato Growers Are
Marketing New Crop
Mere Thaa 1900 Backs Delivered at
Springfield Only Small Part of 530,
000 or $40,000 Season's Yield.
Springfield. Or., Oct. 21. More than
1900 sacks of potatoes were delivered
to E. E. Morribon'a warehouse Thurs
day by farmers of this vicinity. This
lj just a small part of the $30,000 or
$10,000 crop that will be brought to
Springfield to be shipped to California
end eastern markets.
Nearly the whole crop of 100 car
leads have been contracted for by po
tato buyers, .who will thip them out
as fast as the Southern Pacific com
pany can furnish cars. The first po
tctoes brought to Springfield two
veeks ago were sold for 7S cents peH
r.unarea .wcignt. uoaay tho farmers
received $1.15.
Popular Sergeant
Wins Lieutenancy
- s s'
Sergeant Paul H. Hathaway of the
Twenty-first United Statea Infantry re
ceived word today that he had passe.
his examination for the position of
second lieutenant in the regular army.
His commission and assignment will
be issued shortly. Lieutenant Hatha
way is on detail with the Third in
fantry, O. N. Q., in this city, and is
one of the most popular and well-Mked
instructors the Third has had. His
father is Brigadier-General Forest
Hathaway, TJ. 8. A. Lieutenant Hath
away has won his way from the ranks
on merit, and after successive exami
nations, and his record as a private
and non-commissioned officer la one of
the best
iiJiii f
Edited by
Hyman H. Cohn
IVHLIA
- im rr u -
WORLD'S WOOL TRADE
IS HOLDING FIRM; A
American and South American Mar-
kets Are in Excellent Shane 1
New Zealand tO AllOw Export Of
Poor Stuff to United States
GOOD TRADE SHOWING
Extreme atretigth la shown throughout the openlng , np at The ciotag steady
world a wool trade, although the, market here M showed a 8H point gain. Anaconda
la nominal affair with very little atock now aild ingpu-aUon closed atrong. American Beet
offering. i Sugar made a new high, selling up to 101,
la the Boston market there waa a amaller ttler opening at 100. 5, np. - American Sugar
volnme of business for the week as compared wa, steady around 117. Marine preferred, sell
witb the previous six days, but the decrease j iDg ,, to the closing prico of 110V4, ahowed
was not heavy. a point guin.
Sales continue principally In territories with 1 - , ,,..
prices In general well maintained. ! f V vicI furnish ed by
A feature of the week'a trade In wool was ?"r.lfck Cooke Z117 Bm,1 o Tr"de
the announcement tlist New Zeslsml would building:
permit the shipment- and sale of "cootchingg" 1
lo the United States. This atock la Of auch ,
poor qualJlr that the American trade came
to the conclusion that it waa not wanted by I
the England Interests, therefore export to this ,
country was permitted. j
South American wool market continue firm
with Buenoa Aire quoted at 4547c and !
Montevideo selling at 4750c. ,
Sales of Idaho wool were ahown In the j
Boston market during tbe week at 2Sc In j
original baga with 50,000 pounda of quarter
blood at 3Uc.
BANK STATEMENT OF COAST
Portland Bank.
This week. -Tear ago.
$ 3, 735.78.. 00 $ 2.281,250.12
CieLrlnga.
Monday . . .
Tuesday . . .
Wednesday
Thursday
Friday . . . .
batorday ..
Clearing
Balance . .
Clearings .
Balances . .
... 3,448,704.50 2.011,011.30
.... 3. 438.069.66
2.840,038.04
... 3,119.286.77
2.756,9l.lt
Tacoma Bank.
2,284,007.62 '
2.027.574.H3
8.21 il .086 .23
2,708,844.38 ,
i
..$ 824,548.00
82,522.00 i
. .$ 8. 254, 856.00
Seattle Banks.
t I . u.
Clearing. Tf. '.$ 4,268,827.06 ,
Clearing FllCiM0 B"ki11 4 00 I
Clearings - $11..203,ft24.00
" I
New York Cotton Market. I
Range of prices furnished by Overbeck k '
Open.
High.
Low. thise.
Jtnuary .
March ..
May ....
July
October .
lecember
. . 1S40
.. 1850
.. 1805
.. 1805
. . 1846
. . 1848
i860
18G3
1P75
1870
1846
1854
1828 IMS ;
1S40
1S51
1855
1846
1632
1862
1814
1S77
lfv'.l
1852
English Wheat Markets.
Chicago No. 2 red, $1.67i1.704; No. 3
red. $1.66 Vi3 1.68; No. 2 hard, $1.73V&'
1.82i,i.
0 i limha Vn 1 haril X105U- No
2 hard.
$i.b4tei.6Vi.
Minneapolis No. 1 hard. $1.84 1.874;
No, 1 northern. $1.81X4411.83XS ; No. 2 northern
l..j3a'Ul-8-'.s-
"
Eastern Cash Wheat Markets
Liverpool Cash wheat unchanged.
iuqou (cargoes ou passage uucuangeu 10 ou
hiSn,r-
"
San Francisco Hop Market.
San Francisco. Oct. 20 (I. N. S. 1 Ilona.
1910 crop. California. 1215c per pound to
growers; Orefon and Washluglou contracts.
t15:-
"
Mvernnnl Cash WliPnt
Liverpool, Oct. 21. Wheat Spot No. 2 hard
winter, 14s 8d; No. 1 northern Duluth, 16s Id;
No. 1 Manitoba, 15a 6d; No. 2. 15a 4d; No. 3,
15a 2d.
T 1 ' n , 1 r
Un inn VvinnAv- nlnvi
X MUUUUUU i.TJ.l4JJJl
Of Robbing Markets
Officers Find Several Dosen Cans of
roods Hidden Under Bed of Philip
,
Bars;; Was Carrying More.
Philip Burg, living at 350X4 Ha" -
thorne avenue, waa taken in custody
by Police Sergeant Burke and Pat-
. i T- . 11 m.nn iui.
Liuiiiidil ocuigc 1.U39CH ai x-.uu lino
morning at First and Salmon streets
on a vagrancy qharge.
He was carrying a Back of canned
A ..A u- -. . , 1 , . r. r. . V. ' , I ; . . V ; ...
because they say they believe he is a
thief who has been regularly robbinirl
the public and private market booths
in the Yamhill street district. j
A search of Burg's room revealed
several dozen cans of foods hidden
under the bed, in the dresser and else
where. The officers also found a :
loaded 38 caliber revolver in the room.
U,, . V,. cav I, ,1 U Vi,
room locked with a padlock, and no one
had access to it excepting himself an J
his brother.
Fred Schultz, proprietor of a booth
at Second and Yamhill streets, re
ported to the police his place had ! panying their request for anotner auto
been robbed of canned goods during tha , mrttlc fire truck for the east side of
night, and he will be called to head-1
quarters to see if he can identify the
stuff that Burg was carrying.
Several robberies from the market
booths have occurred recently. The
thief would gain entrance to the
places by slitting the canvas curtains
with a sharp knife. Several pocket
knives and a razor were
- f . . . . .1 ...
iuuuu .n
Burg's room, the police say.
Consummation of ,
Timber Deals Pends
.
-astern --mbermen Are ln Portland
coming in pacific Hortnwest.
The arrival In Portland of a num- j
ber of eastern lumber and timbermen
during the last few days is said to j
be the forerunner of the consumma-;
tion of tha greatest deals in timber
ever known ln the Pacific Northwest
With the lumber market looking up
somewnat ana a iair snowing or ac-
t'vity indicated despite the great '
shortage of cars for shipment, inter-,
est ln logging is increasing.
The extent of the deals pending in
the timber market at this time is not
exactly known, but those in close touch
with the situation say that the fig
ures will reach from $5,000,000 to $15.
000.000. It is known that more timber is
being cruised by prospective buyers
today ln the northwest than has been
mj -oo ' J -' ' -
The building of many steamers at " v "X tV . 4,Vo
Pacific coast points is said to forecast 8treet north "parks on root' ,S0 6am'
a revival in the lumbe r business. It ; aKe;,0 m.North Portland com-
US0: --35$ Lincoln .treet.
ZS::;,k "or; mc."" " r,r,
attracting much attention from tim-1
ber interests. The opinion Is ex
pressed by the trade generally that
the closing of the war will call for
the greatest activity ever known In
lumber, and this will naturally have
instant effect upon timber.
When wrltln ot railing on advertisers,
please men Hoc The Journal. Adv.)
Week End Selling
Fails to Check an
Advance in List
New York. Oct. 21. (1. N. S. Ieptt
heavy week-end jelling, bullish activities In
, the war Issues continued today and stoca
prices soared. In a Lumber of Instances ta
1 new high marks. The market closed atrong
. with tbe exception of tbe rail class, which
' teld ateady.
Central Leather was the ball feature of the
i market and aoared (even polnta. five and
qaarter points above ita old high. In tbe first
i hour. Tbe atock opened at 83. one point up,
and sold to a high of M closing at 8S.
: Tbe stock advanced on the report tbat tbe
j company was about to Usue a very bullish
ttement. Trading in steel common was
very heavy a
nd the stock sold near to ita
blgt mark. Beore the seealon It had been
ouly 'to 120. Crucible Steel closed at 87.
showlflg a half point gain.
Ctah waa tbe prominent atock In tbe copper
limt BAlltnv nr. In UU11 It., httrh mnrk aftV
Description
1 Open 1 Ulgh I Low dose
Alaska
All Is Chalmers, c
do pfd
American Beet Sugar.
American Can, c
do
American Car Fdy. c. .
A " V?"011; C"
Am0ir "f d """f;
Amerlcun Loco. "e". '. '. '. '.
American Smeller, e. . .
12V 13 12S 12X4
2614 20X 23 26X4
81X4 81X4 81X4 81
lOOUilOlXa 10OX 1
61X4 14 61 60X4
nt "3X4 11314 liaxi
69 60X4 68X4 6SX4
50 56 50 554
25H 25X4 244 244
58V 58X4 o8X4
82 S3X4 82X4 &2
Dili HlVb HO-'U 112X4
118
117 117 HX4
133 V,j LIS", 132 X 13S
53 T.39a 52 H 52X4
84 85 O1 4Xs
106 lOtj 105"h 106
86 80X4 85X 85X4
108X4
87 .88X4 87 88
549X4 550 5494 550
66 66X4 65 3
84X4 84X4 84X4 84
24 24 24 23X4
52X4 53X4 52X4 61 Xs
175 176 174X4 174
83 89 83 88X4
70X4 70V4 69X4 TO
13 14 18 ia
41 41X4 40 41
95 65 65X4 95
127
56 '4 57X4 66X4 67
55X4 56V, 55X4 o5X4
140X4 140X4 140 138
18 IS 17 17X,
1 87 87X4 S0X4 86X4
Il23 123 123 122X4
18 '
43 44 42H 42 H
40 4H 454 45
38 38 38 ',4 8SX4
38 53X4
1R5U, l5Vi 184 1 84Vi
"825 8O0 825
73) 73 73X41 73V,
44 4414 43 I 44X4
118'S 119 118"; 118
52 '4 521-4 51 51
17 '4 r 19 in
74 78 ' 74'4 77X4
29 X, 29X4 X 29
108 109 MS 109
!130 1 130 135Uj ;l:l514
.5 I 65 64 M OT.X4
119 1119 i 1 1 N :v4 i 1 1 7
I i7 17 n
do pfd.
American Sugar, c
Am. TeL ii Tel
American Woolen. c...
Anaconda Mining Co...
Atchison, c
Baldwin Loco., e
do pfd
Baltimore & Ohio, e..
Bethlehem Steel, c
Butte Superior
Brooklyn Rapid Transit
Calif. Petroleum, c
do pfd :
Canadian Pacific ....
Central Leather, c...
Chesapeake A Ohio. . . .
Ohio. A at. Weatern, c
tm juu. at st. r.
CM- Northwestern, c.
ConBolidated Gaa'. . . .
(lorn Products
crucible steel, c...
rj! J1 'w0 Grande'
r. ,,e
trie, c
do la pfd
General Electric.
General Motor
Goodrich Rubber
Gt. Northern, ore lands
Gt. Northern, pfd
; Greene Can
' Kirt Leather, c.
do pfd.
lee Securities
Illinois Central
Industrial Alcohol..
' ,T,.n, ,4.1 'iHr'vV.'t'e'r I11 110 m! 117
1 'Vk l?4 ".NllT
, V pM I 75
Kan. City Southern, c 27',' 27! 274 27T
Inspiration
I .iH-kRwmiiiH steel.
Ul.ik'h Valley
v;; h MtX4l 86X4
84 1,' 84 i1 SI 't
Mii'vale S'eel . .
I ! 1 07
Vl xlran 'etroleuui
Miami Copper
1 J. . K. & T
! do pfd. ........ .
1 v'i.l Ti.'f f "
11l 110".,' 1I8 '11
3 : 39 1 as 54 1 3"r
5'H 0-, O
1
7' 7: 7 7
.:12ll 129 il2X4i128
'National Lfad J '4 ' -'8X4
69 09
Nevada Conaolidated. .. 22'l 23
New Haven :61!1X4
I New York Air Drake.. 150 1158
22. 22 '4
61 ) 60', 4
15X4'158
107X4.1"7
1 New York Central. .. .10 losy.
N Y O A W
Nrfolfc Western, t 143X4 143T- 142iH42'
Northern Pacific 112 112i-i lllil12
Pacific Mall ! I ! 25
; pennsvlvania Railway. I 58 I 58 57X4! 08
I Peoples Gas il'l
Pressed Steel Car. c... 72H 72H1 714! T2ii
A.. ti IliMU lo4V. 104 lot
I Rav Cons. Copper
25; 2..
Railway Steel Sprlnga
54 I 54 I 54
.14
Rcimblfi"
111X4 111',4 110 11014
77 77 '4! 77 76
112y'lI2Xi 112 112
I. 4 S.. c.
do pfd
Hock Island
Studebaker, c
25 I 25 I 2414 21X4
Il:4;i36 t4ll35 X 136
I 2 2!-' 2S
I ' 64 I 63 1 62-
1 1 1 a u 1 1 00 14 1 100 X4 ' 1 00
29 "l 29 j 2S! 2S
6.NV t;si (i, ox
I 2'JT4; C3S 22' 23
St a truck
Sioss Sheffield
Korthern Pacific...
; Southern Railway,
fc''.'"'
Texas ou
'Ictus Pacific
-ii.ird Avenue
1221 i223'4 2234i22l
14'4' 14
14X4 HXi
. ..I : ' 56
. . .'lrioVl.'.l
55 I 55
15014 i.wn
I.timo r'Tlcinc, c.
; r,ft
821,4 82X4
61 61X4
i V. S. Rubber, c
' 1'. S. Steel Co.. C .
do pfd
11014 f"X4
uoMjaov ns-v119
l24:i2U 12o! 121X4
! 90 96 I 99H,
4.".' 45 '4! 45X4 443
10 !14 :,103Vj K'3'4
, v ;?",, "rbe'mlcai; 'c
TV T " Tpleronh . . . .
. Westlnirhonse Llectrlc., e.. Ol
j w'nolworth 1 ! -
63' 03 T
113X14
Total teles 735. 300.
New Fire Truck for
East Side Wanted
. ,. . .-..iu,, rorm.a
to
1 W
Make the Beqaert Before the City
Council Heeds Are Shown.
For the purpose of laying before the
city council the proper data, accorn-
the river, a committee of Laurelhurtst
club members was formed today.
It was shown that there are nearly
50.000 school children, about three
' fourths cf whlch are on the east side
ln 09 WOoden school buildings, from
' two to four ptories high. Many of the
j districts are thickly settled, and the-
. . . . .
ata numerous business oiocKs over
two etories in height. The present
equipment will not reach above the
I second floor. The chairman, J. C.
, Knglish, was directed to appoint a
' committee consisting of members from
1 the following clubty and organizations.
, the committee 10 hold a meeting early
j in the week, bo the matter could be
' trough t before the council at an early
1 dat e
East Side Business Men's club, Irv-
ington club. Rose City Park club. Ala
meda Park club, Hawthorne and Bel
mont Street organizations, Mt. Scott,
Mt. Tabor, Sunny side, Woodstock, Reed
college, Beaumont, Iaurelhurst club,
iaa s.1 i,K mrA th Tmr.rt.t.sxh.r
organlzatlons 'arij other organization-
which could be interested in the mat-
ter
PORTLAND FIRE RECORD
Wednesday.
11:49 p. m. 234 Irving street, sparks
on roof, slight damage. '
1:34 p. m. 655 Everett street,
fcparks Oil awning, $20 damage.
1:47 p. m. 1051 (Jladftont street,
eparks on roof,- slight dHnta".
2:30 p. m. 833 East Ash street.
sparks on roof, slight damage.
.nn r UlnlU TOO t--
chimney fire, .light damage.
8:27 p. m. 1838 East Seventeenth
street, smoking meat, $40 damage.
Thursday. .
No fires.
Prtday.
9:44 p. m. 848 Nelson street, burn
ing flue; no damage.
Saturday.
No fires.
Timber, Lumber and Shingles
General and Gradual Improvement Is Noted In Market . ttl the
United States Although Conditions Are Not Expected to , Be
come Normal Until the War Is Ended. v
General Improvement Ifotod- Gen
eral improvemerit is noted in the lum
ber trade, of the country. The early
summer dullness has given way to a-
generally more optimistic feeling, not
only in the east but in the south and
west. The Canadian situation is still
favorable although thcro has recently
been a very liberal falling ott in log
production, but prices are reported
about unchanged in general.
Cleveland Situation Improved. From
Cleveland, Ohio, comes this report:
"The lumber. business, which hag been
unsatisfactory during tho summer, is
better." Coth hardwood and yellow
pine dealers axe reporting increased
sales and better prices."
Handling Capacity X-e ached. Kan
sas City reports a gsneral improve
ment in lumber business. While gome
degree of quietness was shown in
July, there was an improvement in
August. Many orders were placed dur
ing that month and the capacity of
handlers was about reached during
that period. Reports indicate that
b-astness iu holding up atrong and col
lections are unusually good. Realty
sa:es in all parts of the district indi
cate a substantial Increase over a year
ago. The building activities are strong,
aa indicated by permits issued. The
Increase of new buildings started in
Kansas City in August over those
started in August a year ago amounted
to 67 per cent gain while Oklahoma
City reports that the Issuance for per
mits for August wa3 greater than the
same month during tho past six years.
Coast Situation Unchanged. There
is lltUe change In the coast lumber
situation, according to a' report of the
San Francisco branch of the federal
reserve bank, which saya:
"Generally prosperous conditions pre
vail throughout the twelfth federal re
serve district, with an outstanding ex
ception here and there such as in lum
bering; "There has been no material change
In the unsatisfactory condition of the
lumber industry, lack of transporta
tion facilities being the greatest han
dicap. Ships for the lumber trade, with
an aggregate carrying capacity of 30,
000,000 feet, are now building on this
coast-
War End. to Aid Market. Lumber
men all over the country agree on one
point; that the closing of the war will
mean the greatest demand ever known
for timber materials. Reconstruction
work in Europe is expected to keep the
mills of the United tSates actively en
gaged for a number of years. This
matter Is touched on in a report from
Dallas, Texas, which says that manu
facturers of lumber advise that normal
demand and stable prices are not antic
ipated until European matters are ad
justed and the work of reconstruction
commenced. Then, it is expected, that
an unprecedented demand will be
shown for building materials.
Lumber Paper Optimistic The West
Coast Lumberman Bays that both lum
ber and shingles have stiffened in
price during the past fortnight, partic
ularly shingles. The stimulation in
values is undoubtedly due in a large
measure to tho car shortage. The sup
ply of cars is conservatively estimated
Transactions Are Confidential
No matter how insignificant a transaction may be, only
upon your written request will this bank dlsclche to a third
party any information regarding your affairs.
If you wish to open a bank, account, call or write to
NATIONAL
BANK
Capital aad Sarplns sa.000,000.
Third aad Oak Streets,
Portland, Oregon.
The Bank of California
National
Capital paid in Gold Coin . . .
Surplus and Undivided Profit
COMMERCIAL BANKING
Interest Paid on Savings and Time Deposits
To those seeking safety for their funds, we offer that
protection afforded, by an institution of unsurpassed
facilities and responsibility adequate to insure absolute
safety .
Head Office San Francisco
PORTLAND BRANCH . . Third and Stark Streets
WM. A. MAC RAE,
Manager.
THE CANADIAN BANK OF COMMERCE
He.d Office TORONTO. CANADA -Established 1867
A General Banking Business Transected
Interest Paid on Tim Deposit ,
Commercial Letters of Credit Issued
Exchange on London, Engtsnd, Bought and Sold .
PORTLAND BRANCH
CORNER SECOND AND STARK STS.
: f. C KALPAS, Manager ,
at barely 60 per cent of requirements,
although here and there mills hav
been able to obtain about all the equip- ,--nent
needed. Go far there hal beea,
no material curtailment la the output .
of lumber. Only one conclusion cart "
be drawn from this condition of af
frirs, namely that stocks are accuniu
Ictlng.
On the other hand, the Car shortage,
has compelled many shingle mills to ',
close so that there is no accumulation r
01 shingles at Pacific northwest manu ;
facturlng points. Shincle prices are
now higher than they have , been In, r.
many months. M
XiOeal Conditions Aid. One factor '
Hkely to bear strongly on the Pacific '-.
coast lumber market during the next
six months is the improvement In lo
cal conditions. Up to this ' time the ,.
Pacific coast has been the one section -of
the United States that has not- .'
sftared in the general prosperity of ' -the
east and middle west. Of latt.r
however, there has been unmistakable , ,
evidence cf great improvement In gen-"
eral business in this region. All trade
barometers point conclusively to this. - .
In view of local improvement, the very -high
prices being obtolned this fall y
for agricultural development will un
doubtedly be of a much larger volume .
than for h number of years past. This
would Indicate Increased building op-. -ctations
both in c-HIch and towns, as -well
as in the country. ;r
Lumber Situation In Chile United -States
Commercial Attache V. I.. Half--'
en. writes from 8antHtKo. Chile:
"Previous to May. 1916, the Chilean -
import duty on rough 'piho,' that is ;
Oregon pine, or Douglas fir, was 16
centavos Chilean gold (55 cents United.
States currency) per square meter
(10.764 square feet), but to this there
had been added a surtax of 6 per cent
of Its legal value, amounting to 3 cen
tavos Chilean gold. That is, the total
Import duty was 18 centavos per
square meter, or $6.10 per thousand
feet.
"Under the new tariff which gov
erns today there is a specific import
duty on 'plno' of 30 centavos per square "
meter, or $10.17 United States gold per
thousand feet. A short time previous
market value of rough 'plno' was from
$50 to $55 United States gold per
thounanc feet, so the increase in price T
due to the higher duties would hardly
be more than 8 per cent. As a matter
of fuel, the present local price is from !
$65 to $70 per thousand feet, due to
tho condition of stock, increasing
freight rates, import duties, and ex- ,
change fluctuations. This last Item -
alone amounts to 5 per cent, and some- k
times even 10 per cent, one way or an--other,
within a month, and it may be M
assumed that $4.07 Increase due to al
tered Import dutle would not be a fac-'
tor of great importance to the conr
sumer.
"It hsppened that this Increase of '
price went into effect about the time -'N
there was a sudden Improvement In ex.
change, and there was really a decrease
in the price of lumber in Chilean cur
rency almost simultaneous with the in-
1 crease In the gold value."
Association
. . . $8,500,000
... 8,193,579
J. T. BURTCHAELU
Asst. Manager.