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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (March 26, 1908)
17 IS GOING UP sack: carrots, $.',c per sack; beets, $1.00 per sack; garlic. lOc per pound. DRIED FRUITS Apples. 10c per pound; peaches. Ul2Vsc; prunes, Italian. Bj6e; prunes, French, 3 5c; currants, unwashed, cases. 8 "4 c; currants, washed, cases. 10c; Ggs. white, fancy. 50-pound boxes, 6fcc. LIMIT OF AHVAHGE THE MORXING OTJEGOXIAN, THURSDAY, MARCH 26, 1908. SUGAR Markets in America and Eu rope Excited. ANOTHER RISE IN THE EAST Advance of at Least 30 Cents on the oast Xear at Hand Shortage of Beet in Europe and Cane in Cuba. Ths vugar market! of ths world are ex cited. A hort crop of beet sugar In Europe and a deficiency in the cane crop of Cuba are sanding- up the price of raw sugar almost daily, and quotations on the refined product are keeping up well In the race. Raw sugars In the East are about 80 points higher than they were a year ago, and the refined Is 60 points higher and marching on. All grade of refined sugar advanced 10 cents a hundred at New York yesterday and private wires reported the market strong with an upward tendency, while raws were , extremely firm. Sugar buyers In the local market need not be surprised to eee a material advance In prices here. The 30-cent Jump of last Monday may be only a forerunner, and there Is little doubt the retailers will discount their wants by purchasing sugar far ahead Into the fruit season. A clou observer of the course of the sugar market predicts that an advance of at least 30 cents a hundred Is near at hand. The latest weekly circular of a leading Eastern broker says of sugar: The advance in refined has been delayed as long as possible until the demand made the advanced quotation! absolutely neces sary, on account ol the continued rise in the raw sugar market. Just at the close, however, a general advance of ,20c per pound was made by all refiners to equalize somewhat the difference between raws and refined. Had not our refiners secured some Um since raw sugar at lower prices from which to make the refined they have been delivering to this country, this rise In re fined would have come earlier in the season. It is to be hoped that the advance in raws may be checked for a time at least, at the preeent level, but It will be well for jobbers to carry full supplies. We continue to re ceive many complaints from Cuba of disap pointing outturns of the sugar crop. Tonnage of cane per acre Is proving to be less than estimated by the planters early in the sea son. In instances as much as 20 to 50 per rent lens, and the recent drouth has had the effect of diminUhlng the quantity of juice In the cane. In view of auch unfavorable results in tli principal sugar producing sections of the Island we have reduced our estimate of the to ml Cuban crop to 1,000,000 tons. K;i QIOTATIONH WILL NOT MOVE ArrivulN of Poultry Are larger, but Work Off Butter Active. The egg market holds steady at previous quotations and shows no inclination to move up or down. Speculators who have been waiting for a low market on which to store are uncertain what move to make. A steady outMde demand takes up most of the sur plus and what is left Is put away for want of a better disposition. Poultry arrivals were rather freer yester day, hut all were worked off without change In quotations. Butter continues scarce, but a larger sup ply of city and country creamery Is ex pected after the first of the month. Ol'TLOOK FOR BERMUDA ONIONS. Texas and California Crops Mill Move About the Same Time. Advices from Kansas city to the Chicago Packer say of the Bermuda onion outlook: Considerable Interest is developing in the approaching trade in Texas and California Bermuda onions. So far there has been a rather slow sale for the Bermudas from Cuba, as old onions have been In fair sup ply and moving slowly. This week flat bushel crates of Bermudas from Cuba sold at $i to $X.W. Reports received here this week In dicate that the Texas crop will not be ready to move, at least in large quantities, until after April 1. There may be a few ship ment the latter part of this month. Cali fornia Bermudas from Thermal and Coach ella had bn expected to1 move a little earlier than the Texas stock, but letters re reived here this week said the cool weather had delayed the maturity somewhat so that the first cars probably will npt move until April lu to 15. The California crop Is re ported large and of good quality. The Texas crop will probably be a large or possibly quite a tittle larger than last year. BANANAS FAIL TO ARRIVE. Potato Market Is Weaker as Result of Lighter California Demand. The four cars of bananas that were due yesterduy failed to arrive, but are expected this morning. The only carlot receipts re ported was one car of mixed vegetables. An other car of vegetables and two cars of or anges are scheduled to arrive today. Busi ness was fair yesterday and no important price changes were made. The potato market Is slow and weaker in response to easier advices from San Fran cisco, where arrivals have lately been heavy. The top price quoted la the country on fancy now Is jO cents. Whrtt-t and flour Slow. The wheat and flour market are very slow. Iast week'e prices on wheat are st 111 quoted, but very little grain Is changing hands. Local flour is weak and a general decline In prices la expected. Bunk Clearings. Clearings of the Northwestern cities yes terday were as follows: Clearings. Balances. Portland $1. 1M.'':; $ tio.WJ Seat tie 1 Iavh i s.O.'irt T a co ma ' .;, ti,". ."i w;i , 112 Spokane Tiil.jca 67.51)7 PORTLAND QUOTATIONS. Grain, Flour, Feed. Etc FLOVR Patent. $4.80; straight. $400; clears, $4; Valley. $44i; graham flour. $4 4563; whole wheat flour, $4.7305.25; re flour. WHEAT Club. 83rS3o; bluestem. 840 85c; Valley, tCfcj S3e; red. SOtf Sic . H AKL.ET Fead. $J6 per ton; rolled. $28 if per ton. MlLl.STL'KKS Bran. city. $26; country, $27 per ton; middlings, $J0; shorts, city, country, $2-8 por ton; chop, $2025 per ton OATS No. 1 white, $27&28 per ton. CKHEAL FOODS Rolled oats, cream. 90 pnund sacks, per barrel. $7 ; lower grades, $5 M6 0 50; oatmeal, steel-cut, 45-pound sacks, $3 per barrel; 0-lb. sacks, $4 25 per bale; split peas, per HH pounds, $4.254.80; pearl barley, $4 60 3 per 100 pounds; pastry fK-tur. 10-pound sacks. $2.75 per bale; flaked w heat. $2 75 per case. CORN Whole. $.13.50; cracked. $34 50. H A V Vatic y timothy. No. I, $17 ton; Kafctern Oregon timothy. $10 20- clover, tl4 to 15; cheat, $15; grain hay, $14 0 15: alfalfa. 12 13. Vegetables, Fruit. Etc DOMESTIC FRV ITS Applea. $10 3 30 per box. according to quality; cranberries, $s 1 1 per harrel. FRESH VEGETABLES Artichoke. 730 (- per dosen; asparagus. l2wl2St pound; beans. 2Vc per pound ; caMage. 1)4 $1 c per pound; cauliflower. $22.25; celery. $4 50 per crate; t ucumbers, 2.5 per dosen; eggplant. 2vc per pound: lettuce, head, 3c per dozen ; hothouse. $l.lOfe. 1.23 per box; parsley. 2,'rc per dosen; peppers, 2"c per pound ; radishes. ;?oc per dozen; rhubarb, $2-".t per crate; spinach. s;. per crate; vp routs, lOc per pound; squash. Ifflc per pound; tomatoes. Mexican, crates. $2ff.5o. TROPICAL FRUITS Lemons. $2 509310 per box: oranges, navels. $2$2.75; grape fruit, ;i --": banana. 0 n fio ier lb.: crated, til--; pineapples. $4$S.50 per dosen; tan gerines. $150 per box. ONIONS Jobbing price, Oregon. $4 per hundred POTATOIW Ruvlnr price. 40Oo per hundred, delivered Portlaad HOOT VEGETABLES Turnips, 80 c per Batter, Eggs Poultry. Etc. BUTTER City creameries: Extra cream ery, 30c per pound; state creameries, fancy creameries, 25 W oc ; store butter, choice. lt& 17c . CHEESE Orea-on full cream twins. 15c; Young America, lUVsc per pound. POULTRY Average old hens, 1413c; mixed chickens. 12 & 13c; Spring chickens, lCfe20c; turkeys, live, 15 017c; dressed, choice. 1&'&2Uc; geese, live, per pound. 8 9 lUc; ducks. 10 17c; pigeons, 75c$l; squabs. $1.503. EGGS Fresh ranch, 1510c per dozen. VEAL 75 to 123 pounds. fe'lc; 123 to 150 pounds. 7c; 150 to 200 pounds, 5 00. PORK Block. 75 to 150 pounds. 77c; packers. 5&6c. Hops, Wool, Hides, Etc. HOPS im7, prime and choice, 4&5"C per pound; olds, lfclc per pound. WOOL Eastern Ortgon. average best, 11 ltic per pound, according to shrinkage; Valley. ltftjlSc, according to quality. MoHAlK Choice, 25c per pound. CAKCARA BARK ;ic per pound. HIDES Dry, l'tl21zc; dry calf. No. 1. under 5 lbs.. 141Hc; culls, 2c per lb. less; salted hides, 5c; salted calf. Je; green (unsalted), lc per lb. less; culls, lc per lb. less; sheep skins, shearlings. No. 1 butchers' stoca, each, 25 Mi 3UC ; short wool. No. 1 butchers stock, each. 50g60c; me dium wool. No. 1 butchers' stock, each. 75a b $100; long wool. No. 1 butchers' stock, each, $1.25 g 1.50; horse hides, salted, each, according to size, $2.00&2.dO; dry, accord ing to size, each, $1.00 a 1.50; colt's hides, each, 25 &y 50c ; goat skins, common, each, 15 23c; Angoras, with wool on, each. 30c 9 $1.50. FURS For No. 1 skins: Bear skins, aa to size, No. 1, each, $5.00 & 10.00 ; cubs, each, $1 3; badger, prime, each. 25 950c; cat, wild, with head perfect. 30 50c; house. & 20c : fox, common gray, large pi I ma, each, 4050c red. each, $3(g5; cross, each, $5&15; silver and black, each, $100 9 300; fishers, each, $58; lynx, each, $4,509 6-00; mink, strictly No. 1. each, according to size, $1 3 ; marten, dark northern, ac cording to size and color, each, $10(910; marten, pale, according to size and color, each, $2. 50 4 ; muskrat. large, each, 12 9 15c; skunk, each, 30 40c: civet or polecat, each, 1. 1 5c ; otter, for targe, prime skin, each, $0 4? 10; panther, with head and claws perfect, each, $23 raccoon, for prime large, each, 50 75c; wolf, mountain, with head perfect, each. $3.50 5.00; prairie (coyote), 00c $1.00; wolverine, each, $S9 BOO. PORTLAXD LIVESTOCK MARKET. Prices Quoted Locally on Cattle, Sheep and Hogs. A steady tone prevails In the livestock market and prices on all classes yesterday were aa reported on the previous day. The arrivals of the day were 00 hogs, 40 sheep and 30 cattle. The following quotations were current in the local market: CATTLE Best steers, $4.40S?4.75; me dium, $3.75 4.25; cows, $3.30 ii 3.75 : fair to medium cow. 2.753.2o; bulls, $2 & 2.75: calves. :.7ri$M.50. SHEEP Good, $5.50gt6; lambs, $5.75 6 30. HOGS Best, $3.23!g5.30; lights and feed ers. $5 tg 5.25. Eastern Livestock Prices. CHICAGO. March 25. Cattle--Rece'pts about 17.000. Market strong. Beeves, $4.70 4i 4.75; cow s and heifers. $2,0012 (15 Tex ans, 9-i.4tiftr4.ttO; calves, $4.00tf4.25; West erns, 94. 50& 4.35; Blockers and feeders, $3.13 Hogs Receipts about 23,000. Market 10c higher. Heavy. $ 4.H5 3.23 ; rough, $4.05 505; pigs, $4.10&4.80. Sheep Receipts about 14.000. Market, strong. Natives. $4.301 7.00; Westerns. ,4 75 7.00; yearlings. $ti.0O7--5; lambs. $5.S3 7.2U; Western, $tt.50ff 8.15. KANSAS CITY. March 25. OattI Re ceipts. GMM). Market strong to 10c higher Native fteers. $5.2.1 & 7.0O; native cows and heifers, $3. 30 &; Blockers and feeders, $3 75 S 5.80; bulls. $3.r.0(fi 5.25: calves. $3.50tfrfl JVestern steers. $4.&0(tfo.25; Western cows. Hog Receipts. 10.00O; market, 10c high er Bulk of sales, $4.'39'3.15: heavr, is 5.25; packers and butchers. $4.95 03 10 light. $453.10; pigs. $4.3Uft4 75 Sheep Receipts. ftoOO; market, steady Muttons. $5.75$ fl. 75; lambs, $tj.73f? 7 90 0.a23e wethers. $0&7.23; fed ewes, $5.50 SOUTH OMAHA. March 25. Cattle Re ceipts. 4300: market. 10frVSr higher Na tive steers, $4.75fu 7: native cows and heifera $3.30(& 0.5: Western steers. $.1.73(83.50; Texans. $.1 25 ft 4. i .: Texas cows and heifers $2 75i 4.30; canners. $2.25 ff 3.50: stockers and feeders $33.25; calves, $3tf; bulls and stags. $3(5.10. Hogs Receipts. 24O0: market. 10c higher ?.e2,y-.fi-rr?r: :"lxed' 4.S5r4.90: light. !fSl?-;!?: P'KS 3-75 4.541; bulk of sales. $4..S054.05. Sheep Receipts. )S0O: market, steadv to 10c higher. Yearlings. $ii.50ff 7 wethers $5(S0.05; ewes, $3.73ftu.40; Iambs. $ti.75gs! Metal Markets. NEW YORK. March 25 There was a sub stantial advance in the London tin market, with spot closing at fl40 lOs, and futures at H4. Locally the market was firm and higher in sympathy, quotations ranging from 32 10 to 32.76c. Copper was 5 lower In London, with spot quoted at 00 7e Hd, and futures at 00 15s. Locally, the market was firm, but no further change reported, with Lake quoted at 18.00 13.25c; electrolytic at 13.1013.12 and cast ing at 12.7fl2.87VjC. Lead was higher at 14 10s In London. The local market was unchanged at 3.9wg4c. Spelter was unchanged In both markets, closing at f21 2s Od in London and at 4.00 4. 70c In the local market. Iron was higher in the English market, with standard foundry quoted at 51s 3d and Cleve land warrants at 52s 6d. Locally, no change was reported. Eaetern Mining Stocks, BOSTON. March 25. Closing quotations: Adventure . .$12.50 Allouez 25.00 Amalgamated 5'.t.75 Atlantic .... 8.50 Bingham . . . .75 Cal & Hecla. 633.00 Centennial . . 2: t op Range. . Paly West... Franklin O ran by Isle Royale. . Mass Mining. Michigan . . . Mohawk Mont. C. & C. Old Dominion ST. 30 Osceola 83.00 I Parrot 'Qulncy .. 'Shannon . Tamarack Trinity 75 S::.0O 12.25 1 13.00 10.00 8 2.' a. 00 10.00 20.00 2. . 1 1 00 49.30 .00 United Copper 4.75 I . S. Mlnlnir.. 34.25 S L . S. Oil 10. "Utah 40.75 Victoria IWlnona 'Wolverine . . . ! North. Butte., IButte coal. .. Nevada iCal & Ariz... Ariz com. 3.00 3.(12 H 12-".. 00 5-Y50 22.50 13.30 1O5.50 IK 50 l.lreene Cananea ft. 00 NEW YORK, March 25 Clofing quotations Adams Con & Little Chief 65 lAUoe M Ontario 25i Hreec IO ;pl,lr 200 Rrutuwlck Con. . loi PmosJ .7 Com stock Tunnel. Q Savage 28 Con. Cal. and Va. 30 Sierra Nevada .... 23 Horn Silver 75: Small Hopes 18 Iron Silver 110, Standard 144) Trled Fruit at New York. NEW YORK. March 25. The market for evaporoted apples continues quiet with fancy at 10 (a I lc; choice. SffHV; prime, ttt fi7'ic. and common to fair. .V-. J tf ic. Prunes are dull and unsettled with quo tations ranging from 4H to 14c for Cali fornia fruit and from tic to lOc for Oregonf. Apricots are dull and unchanged with choice quoted at lS1f20c: extra choice, 10 21 and fancy. 20 fir 24c. Peaches are more or less nominal in the absence of business. Choice are quoted at lofi lOSc; extra choice, 41 jjr llc; fancy, llf 12c; extra, fancy. 13 14c. Rat sin are quoted at 3$ t4 c; selected raisins, 5SfiS!jc; London layers. $1.65 1.T5. Coffee and Sugar. NEW YORK. March 25. The market for coffee futurrs closed steady, net ft points lower to 5 points higher, tsalee were reported of 49.500 bags, including March at fi.ttfi 5.70c; April at 3.03c: May 6.053-TOc: June 3.75c; September 5.Mfo.65c: November O.S5c; December 5.(Kc. Spot coffee quiet; Cordova 10Vc gugar firm: fair refining 3.80c; centrifugal. Ort tert. 4.38c; molasses sugar 3.01o; refined firm; No. 6 ft.OOc; No. 7. 4.03c; No. 8. 4.0Oc; No. 0. 4.S3c; No. 10. 4.75c; No. 11, 4.7uc; No. 12. 4 A5o; No. 13. 4.60c; No. 14. 4.fwc; confec tioners' A 5.20c: mold A 3.73c; cut loaf ,20c; crushed. .!Oc: powdered 6.50c; granulated, 3 .40c; cubes, 6.63c. Dairy Produce In the East. CHICAGO. March 2s3. On the produce ex change today the butter market was steady. Creameries, itfifcc; dairies. 2nr2ftc. F.ggs Steady; at mark, cases included. IS1' ; firsts. He; prime firsts. 15c; extras. lHc. Cheese Steady. i2-rl4e. NEW YORK. March 33, Butter, steady and uncharged. Cheese Firm and unchanged. Egfs Steady and unchanged. Signs of Coming Reaction in Stock Market. - BUYERS CHANGE TACTICS Ixnv-Prieed Industrials Come to the Front Effect of President's Message Discounted Money Hardens Abroad. NEW YORK. March 25. Th support of price., which wai still in evidence today, showed signs of strain and there was a dis position towards reaction. This occurred without any change tn the character of the news, although there was the Inevitable change in the way of looking at the news which always comes to those active In the stock market when the course of prices is altered. The action of today's market left the inference that the Increase In the out side demand for stocks yesterday, which was beyond dispute, was taken advantage of to sell stocks on a la-ge scale by those who had accumulated holdings at previous lower lei els Prices touched at the extreme of the advance yesterday were the highest In many instances since the depression of October last. These technical signs of the culmination of an advance made the pro fessional mood suspicious of the market to day, and this feeling was added to by the obvious shift In the speculative activity for the rise to the department of low-priced stocks, especially In the Industrial class. The Issuance of the President's special message to Congress marks the limits of the Influence of that event as a purely specula tive factor. A large part of the activity in stocks for over a week past has been con nected with the constant reports emanating from Washington of the preparation of this document. Some aggravation of reactionary tendency was caused by the report of the proposed calling of an extra session of the Minnesota State Legislature to attempt a correction of the faults found by the United States Supreme Court In Its railroad rate law. In the Industrial section of the stock list there were some striking movements, the further rise in Consolidated Gas being based on the effects attributed to the Supreme Court decision on the company's contention against efforts to restrict Its rates for gas. The electrical industrials had the advantage or reports of reviving activity In the de mand for their products. Statements of the earnings of the Vander pllt roads for January are of Interest, show ing the effect from retrenchment of operat ing expenses, which was not sufficient, however, to prevent continued shrinkage In the net returns. A hardening of money rates abroad was an Incident of the day. Interest rates here, however, continued to yield. An Increasing difficulty is found in placing large sums of money on time. The stock market was re lieved by the profit-taking effected during the day, which opened the way to some re covery In the latter part of the day. I'M? 11? 'rf- c To,al ale"' P"r value- 30. 440.000. Lnlted States 4, advanced (4 per cent on call. . CLOSI.VO STOCK QUOTATIONS. Sales. Adams' Express Amal Copper .... 42 300 Am Car & Poun. 3,000 do preferred Am Cotton Oil do preferred '. " Am Express ino Am Hd & Lt pf.. 400 American Ice 4,800 Am Linseed Oil do preferred Am Locomotive... 18,300 do preferred' ... 1,400 Am Smelt & Ref. 44.8O0 do preferred ... 1.000 Am Sugar Ref.... 2,0oo Am Tobacco ctfs. 5u0 Anaconda Mln Co 6.300 Atchison 2,3o0 do preferred ... loo Atl Coast Line... l.yoo Bait & Ohio 1,200 do preferred Brook Rap Tran. 62.600 Canadian Pacific. 4.400 Central of N J Ches & Ohio 1 300 Chi Gt Western., l.uoo Chicago & N W-. 2.500 C. M & St Paul.. 21,200 Chi Ter & Tran do preferred C. C. C & St Louis 500 Colo Fuel & Iron 2 HKl voio sc southern. do 1st preferred. do 2d preferred. Consolidated Gas. . Corn Products . . . do preferred . . . Del & Hudson Del. Lack A West D & R Grande.. do preferred ... Distillers' Securi.. Brie do 1st preferred. do 2d preferred. General Electric Illllnols Central .. Int t'aper do preferred . . . Int Pump do preferred ... Iowa Central ... do preferred ... K C Southern . do preferred . . . I. oute & Nashville Mexican Central.. Minn & St Louis II. St P i S S II do preferred . Missouri Pacific... Mo. Kan & Texas 4. 100 High. Low, 00 .-s 33 14 32 iso" iso" 15 15 21 2o '47H 'ii" 04 9814 74 ft 72 08 !H4 1264 S5 85 40 38 75t4 74t 85 85 75 "4 7314 8314 6214 4S'" "46 15014 149 ' '3214 '31 14 5 5 140 14714 120 1181i l.OHO 1.000 500 7.900 3,300 SO0 200 "ioo 100 1,0 2,400 1.100 2' 206 600 2XI 2' 10 300 100 2.400 l.OoO 6"0 BOO 500 41 K 2o0 80O 100 4.20 2i H 51 . 23 2514 5 K llttii, H!4 65 15614 '26 14 62 3414 I64 3314 12814 12814, 10 5814 2514 71 li 32 14 23 53 14 101 18 2314 107 14 136 41 24 55 60 it 34 65 Closing tiia. 177 69 '4 33 82 2814 85 190 15 21 li 9 17 47 94 74 97 12614 84 14 3914 7614 8514 7514 82 47 .15" 180 32 14S'4 110T4 5 20 51 22 25 '4 5594 47 100 116 1314 H 60 2214 24 5i!4 4f 4 156 "20 33 361, 3214 12714' 126 57(4 25 71 12ll 31 lj 23 6214 100 1714 .?2 too 64 156 485 -M 14 52 34 16'4 3.'! 221, 128 12T 5 24 14 7114 1214 32 23 ,53 loo 18 25 136 137 40 4054 23 5414 57 32 117 90 '2414" 81 ioiii 24 54' 50 48 99 S.f 6414 SO 47 31 117 90 68 2414 81 152 104 IO6 84 98 33 64 31 116 80 "24" 81 19 2S 1 15 27 iio preferred National Lead .. Mex Nat R R pf N Y Central 2.400 N T. Ont A West. l.OoO Norfolk & Western 1,700 do preferred NorLh American Pacific Mall 1,200 Pennsylvania 14.100 People's Gas .... 1.5O0 P, C C & St Louis Pressed Steel Car 1.200 do preferred . . . 200 Pullman Pal Car Reading 137,800 do 1st preferred. ...... do 2d preferred. Reupbllc Steel ... 1,900 do preferred ... 1.3O0 Rock Island Co... l.loO do preferred . . . 1,600 St L & S F 2 pf St L Southwest do preferred Southern Pacific. 14,400 do preferred -. . 3 Southern Railway. 9.4O0 do preferred . . . Texas & Pacific. Tol. St L & West do preferred Union Pacific do preferred V S Express . VS Realty... V S Rubber . . do preferred U S Steel do preferred Va-Caro Chemical do preferred . . . Wabash do preferred . . . Wells-Fargo Etc.... Westtnghouse Elec 6,100 Western Union . . . 200 Wheel & L Erie Wisconsin Central do preferred . . . Northern Pacific. Central Leather . do preferred ... Sloss-Sheffield , (;t Northern pf . Inter Met do preferred . . . Total sales for the day BONDS. U.S. Ref. 2s reg..-103 IN. T. C. een3s 8 U.S. Ref- 2s cpn. .10414 Northern Pac. 3s. 704 U. S. 3s Reg 101 Xorthern Pac. 4b.101s U. S. 3s coupon.. 101 'So. Pac. 4s 85 V. S. New 4s reg.120 Union Pac. 4s ...loo V. S. New 4s cpn.122 ;wis. Cen. 4s 82 Atchison AdJ 4s.. 86 Japanae is 78 1.9iK 7(JO 4O0 .164.300 100 .' ""'ioo . 2.7m 500 . 91.600 8.600 (ti-0 800 lort 300 200 21.1"0 1.3O0 2( 4o0 7.100 2.3( 6. 100 80 Ii!1? 28 26 15 30 76 1U 15 40 17U 16 39 127 7S 90 39 23 85 36 m 20 3 8 1" 300 54 49 6 14 37t4 128 128 128 18V4 18'S 84', 50 75 111 15-4 40 17 16 311 128 79 '40" 23 86 36 100 .. 20 94 9 17 'lis" o 38 74 111 14 38 17 16 38 125 79 'in' ' 21 85 35 '.) 20 9.1 9 17 '48 " 60 85 51 12414 21 779.200 shares. 84 61 123 124 20 StorJta at London. LONDON. March 23. Consols for 87 9-16. do for account. 87. Anaconda 8-00 ;X. Y. Central Atchison .... 77O0 Norflk Wes do pref 88- do pref Bait Ohio. 8.1.50 !Ont West.. Can Pacific. . 154. 12 Pennsylvania . ches & Ohio. 32-Ju nana Mines.. Chi Grt West .-..2.1 Reading ll.r.2' no prer 21.2.1 'South Pac!flc. 52-50 'Union Pacific. 17.io do pref 34 50 L. . Steel... M. S. P.l te Beers. . . . D ft R G do I, ref . . - Brii do 1st pf. money. 13 on ( 53 OO 35.00 60..-.0 4 7 54 2.1 15 12 40.00 70.OO I30.:!7 84.00 34.50 FAIR .1 iK ( j. NO. My advertisement which will fill double this space in the press of the world tomorrow, Friday, March 27th, will set forth in detail the features of "fair finance, gold at 50 cents on the dollar," which, boiled down, is: First, the public will be given the opportunity to purchase in the open markets, through the members of the leading stock, ex changes of the world, at whatever price the buying of the public puts in it (not less than par, $5, which it must net the corporation owning it), 700,000 shares of gold stock the value of which has been demonstrated and the name of which is known throughout the world. Second, this stock, with the remaining capital of the company, 2,800,000 shares, which are not for sale to any one at any price, is owned by a holding corporation whose capital of $20,000, 000, par $100, has been recently selling in the open market at over $300 per share or over $60,000,000. This stock, and consequently the gold, is owned and controlled by the most successful group of mining capitalists in the world, the corporations owned and controlled by them aggregating at the open-market price a short time ago approximately $300,000,000. Fourth, this stock has never been offered to the public, nor have the public ever had an opportunity to acquire it. The above means : First, that tomorrow there will be placed before the public the complete story of a most remarkable investment. Second, that this story will be unique, inasmuch as it will be the first time in the history of stocks where a story relating to a security of great worth will read like the yarns usually spun in glaring adver tisements by irresponsible wildcat stock-promoting swindlers. Yet, in this case, the unquestioned authority of the experts' reports which will be embodied in my statement, and the predominating position occupied in the bank ing, railroad and corporation world by the men who will vouch for my story will be proof positive and unassailable of the facts upon which my story is based. This in turn means that there will be a demand for this stock not only far beyond the supply, but greater than that for any other investment stock ever offered to the public. Which fur ther means that all who secure any of this gold during the first days it is traded in on the open market will be assured of not only an exceptionally safe and high-return permanent investment, but an investment which will im mediately show large profits, for, as the demand for the stock increases in volume, as it is bound to from the first day 's trading, the price must mount. fc Now to real business to summarize what I have heretofore said in Fair Finance, 1, 2 and 3, which, it is only fair to state, has been said for the purpose of securing the attention of my audience, the public, and next educating them to a condition where they will quickly and clearly comprehend the desirability of doing what I am now about to advise them to do. I unqualifiedly advise every investor and speculator the public and small investors American and European capitalists every trader in the iNew York and other American exchanges, and the London, Berlin and Paris, to Jiave their buying orders ready for execution at the beginning of trading in the New York market Saturday morning. What this means is first, that by this new method all will know the merits of this stock before it is placed upon the market all will have an opportunity to get in at bottom prices. Second, that there will be turned over to the pub lic from the very beginning of an assured successful enterprise all the large profits which are to accrue to those who own this stock, instead of passing these profits over first to the corporation creators, and next to the middlemen brokers, who, under present methods, purchase to resell to the public at inflated prices. In detail, what I unqualifiedly advise is this: First, that every small investor, as soon as he finishes reading this "fair finance 3," place in the hands of any of the members of the leading stock exchange or their local bank or banker, all or a substantial portion of his savings, at the same time an order to buy, at, say, not over $7.50 per share, whatever number of shares the money will pay for but in every case to attach to these buying orders posi tive instructions not to execute the order until after further directions. Next, carefully read tomorrow's statement and investigate the correctness of all the assertions and proofs submitted, and, if the verdict is, as it will be, that this is an investment such as heretofore have only been given to "insiders" captains of finance then affirm the order. But I bear down on this if the slightest doubt remains about this investment being a nugget, cancel the order and no loss will accrue and no harm will have been done. Right here, I will say, after thirty-eight years' activity in stocks and finance, without having ever met with a stock bargain which would justify me in advising, say, a woman investor of moderate means, to invest her all, and this after having marketed hundreds of millions of securities, in one group alone having turned over to the public more than $100,000,000 of profit, I fully appreciate the great responsibility which attaches to advice I give, but in this case my knowledge of this investment, which knowledge I will submit to the public tomorrow, allows me for the first time to give such advice without any fear of being in error. . . Second, that every American capitalist should instruct his banker to purchase this stock on Saturday morning, provided the facts which I will submit tomorrow affirm my every assertion and absolutely prove that this is a most extraordinary opportunity for money-making. Third, that every English, French or German capitalist or speculator instruct his American arbitrageur to purchase for him a block of this stock, after weighing what I will publish tomorrow. My advertising has inter ested vast numbers of people everywhere in what is to be described tomorrow, when all will be able to judge for themselves of the desirability of investing, but not until Saturday that is, not until every one has had twenty four hours' opportunity to satisfy themselves of this stock's worth, can any one secure a share at price, for every share is owned by'the corporation I refer to; I do not own a share. On Saturday the reputable brokers of New York, Boston and Philadelphia will stand ready in the open market to supply the stock to all comers, and my work will have been completed. They will continue from day to day to supply the stock until the 700,000 shares will have been sold for the benefit of the corporation. Then I will proceed to "bring out" the next one a $60,000,000 one. This means that my greatest interest is in completing gold as quickly and successfully as possible, and then to have the price at which the public have secured their investment mount rapidly to its real wrorth, two or three times its first price. He who runs should be able to comprehend as he goes that a brilliant success with this first or test case means a brilliant success with the second, and so on to the place where the old methods of floating stocks with the benefit to the few and disaster to the many will have become a memory. A FINAL WORD TO INVESTORS: i It is generally supposed that just now money for investment is scarce in America. This belief is erroneous. I have recently had three complete canvasses made of the United States and Canada, with the result that I believe strongly the people at large have never had so much money ready to invest as now, never had so strong a desire to invest, but never had so little confidence in the old investments. This means that they will tumble over them selves to reach an investment they are sure is good, and in which they are to be given a square deal. A square deal is what I will present tomorrow. THOMAS W. LAWSON Boston, March 26, 1908. SAN FRANCISCO ft PORTLAND STEAMSHIP CO Ticket Office Ainsworth Dock Fare to San Francisco $5.00 INCLUDINC BERTH AND MEALS S. S. ROSE CITY Sails From Ainsworth Dock March 27th, 4 P. M. Phone Main 268 do 2d pf . . 23.00 ! do oret 102 50 Grand Trunk 13.75 IWabash 0 111 Central. ..130.50 I do prsf li.oO Ij & N 103 00 'Spanish 4... 82 75 Mo. K.. T. . 24.T5 IAma.1 Copper. 00.75 Money, Excbance, Etc NEW YORK, March 25. Money on call, easy per cent; ruling- rate. 2 per cent: closing bid, 1 per cent; offered at 2 per cent. Time loans were weak. 60 days, 83 per cent; 90 days. SHftaH per cent; six monthi. 44 per cent. Prime mercantile paper. per cent. Sterling exchange was steady, with actual business In bankers' bills st 4.S 4.8ttiV, for demand and at $4.SUSC4.S:i50 tor ttu day bills. Commercial bills, $4. 83V Bar silver. !4C. Mexican dollars. 47e. Bonds. Governments, Arm; railroads, heavy. PAN FRANCISCO. March 35. Silver bars, 50 'c. Mexican dollsrs. 53c. Drafts, sight. Ac; telegraph, (lif. Sterling, 0O days, J4 ST; eight, H SH- New York Cotton Market. , NSW YORK. March 25. Cotton futures closed steady. March, S.SOc; April, 8.53c; May, 9.67c; June, 6.."Bc; July, 9.00c: August. 9.33c; October. 9.441c: December, 9.4SC. London Wool galea. U)NDON, March 23. The offerings at the wool auction sales today were 11.347 bales, mainly crossbreds. which were in slow de mand. Exceptionally fine light greasles and Victorian super combing greasy were taken by Americans at is d. There was a strong competition for fine Tasmanlan and half bred combing. The withdrawals to date amount to 1.1,500 bales. The series will be rlnfrt April 3. TRAVELERS' GUIDE. North Pacific S. S. Co's. Steamship Koaooks and Geo. W. Oder b4i lor i-urtka, au rauuisco sod Los Angeles direct ever Thursday at 8 P. M. Ticket offiee 132 Third St., near Alder. Both phones, M. 1314. BL Young, Agent. T&S.VKLJCSS' CUID& rOBILaHO HI. XJCJHT POWER CO. CAKS LEAVE. Ticket O II Ice end Halting. Rue m. First and Alder Streets FOB Oregon City I. 6:80 A M . and every 30 minutes to and including 9 P. Id., then 10, 11 P. M.; last car 12 mid night. Ureaham. Boring. Eagla Creek. Est, eada, Casadero. xalrv&sw and Xronuiaia 7:15, 9:15. Has A. 11., 1:14, J.4, 4.14, tB P. M. FOB VANCOtrVEB. Ticket office and waiting-room SeoonS and Washington s'.reeta A. M :13. 0:50. 7:23. 8:00. 1JS. UO. 9:50. 10:30, 11:10, 11:50. P. M. 12:30. 1:10. 1:50, 2:S. 3:10. S:60. 4:30, 6:10, 5:00. 6:30. 7:65, I;a, e:16. 9:23. 10:35. 11:43. On Third Monday In Every Moata thm Last Car Leaves at 1:46 r. M. Dally except Sunday. (Daily exeast Mondav forth (JermanAloyd. Fast Express Service PLTMOCTH CHEKBOLRQ HK1&M&N 10 A M. , Kaiser Wo II. Mar SI I Cecilia (new). Apr. 14 Kaiser d. Or., Apr. 71 Kronprlnx Wm. Apr 21 Twin-Screw Passenger Service PLYMOUTH CHERBOURG BREMEN 10 A. M. Barbaroaaa . ..Apr. 9! Barbarossa May 21 Kurfuerst . ...May 7 Kurfuerat ....Juna 11 Bremen direct. Mediterranean Service GIBRALTAR NAPLES GENOA. AT 11 A. M. P. Irene Apr. 4i K. L.ulse Apr. 18 Frlfdrl.-h Apr. Ill K. Albert May 2 North German Uoyd Travelers' Checks. Oelrlchs Co., Agents, 5 Broadway, N. T. Robert Capelle. Gen'l Pacific Coast Agent, Ban Francisco, Cal. TRAVELERS' GUIDE. jfamburg-Jkmerican. REGULAR SAILINGS BY STEADY MODERN, LUXURIOUS LEVIATHANS. Ion don-Paris-Hamburg Patricia Apr. 4iPretorla . ..'..Apr. 11 Amerlka Knew). Apr. ulKalnerln (new). Ap. 23 1 Gibraltar-Naplee-Oenoa Hamburg . ..Mar. 31 i Hamburg May 14 i Moltke Apr. 22Moltke Juna 2' Norway, Sweden, Russia; Eto. Send for Illustrated pamphlets describing i our famous Summer cruises. HAMBl RU-AMERICAK LINE 908 Market Street, San Iranclsco. and R." R. offices in Portland tagenta). San Francisco and Portland Steamship Company Fast and Commodious Steamers. Only Di rect Ballings! Only Sailing by Daylight. From Ainsworth Dock. Portland, a p. U. Boss City. March 27, April 10. Senator, April 3. From Spear St . San Francisco, 11 A. M. Senator, March 28, April 11. 35. Hum City, April 4, la. May t. J. W. RANSOM. Dock Agent. Phone Mala 206. Ainsworth Sack. coos bay line; Tb stumer BKJCAKWATER Imvm Port land vry H edjieMiAjr a If. M. from Oak atrt dock, toe Jtorut jtai, Amrmkxtket4 m4 . Ceoa IUij points tfrmlght rsoalvad till 4 p -M. on day at salllnc FuMogar far, first ' class, flO; sscond -class, 7, iaaiudlnj Vvta, ' and meals. Inquire city tlcltst offlos, Thlrtt 1 and Washing-ton strssts. r Oak-strsst dacic. 1 1 WILLAMETTE RIVER ROUTE gteamer Feaaona for Salem. Independeaea. Albany and Corvallla, leaves Tueoaas Thursday and 'Saturday at g:4g A. M. steamer Oregonla for Salem and way laaeU lags, leaves Monday. Wednesday gna rridaa at 43 A. M. UttKt.ON C1TT TRANSPORTATION fvv tMftea and Dosk Feet Tayier atreelT Vassal Mala 401 A 3U