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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (March 24, 1910)
THE MORNIXG O REG ONI AN, THURSDAY, MARCH, 24, 1910. 19 SELLS WELL About .10,000 Pounds Dis posed of Already. BUYING PRICE 25 CENTS 3farket Has a Firm Undertone Be cause of tlie Active Demand by Eastern Mills Grain Trade Slow. Mohair la beginning to move more freely. Shearing- is general now. in all parts of the valley and the growers who have not signed up in pools are disposing of their clips about as fast as they are shorn. It Is estimated that between 8000 and 10,000 pounds have been sold to date, principally to country merchants. Twenty-five cents a pound is now the general buying price in the country. Last year the market opened at 23 cents and at the pool sales 24 and 25 cents ruled. As usual, a large part of the Oregon clip will be disposed of at auction pool sales. Indications are good for very fair prices this season owing to the strength shown by the Kaatern markets, which for the first time In several years have not been held Sown by large carry-over stocks. Eastern conditions are reported by the latest Boston Commercial Bulletin as follows: The local movement In hair is still only a nominal one, and Is restricted by the absence of suitable supplies. ' Prices, how ever, are being maintained at Quotations. Consumption of mohair is steady and quite substantial, as a result of the active call for mohair goods as well as for other products of hair. Domestic combing, 2S93;ic; carding, choice, 25 30c; carding, average, 20-g2.c; inferior, 16 20c; noils, first combings, 18 & 22c; noils, second combings, 23&'25c. !FI i-TEE N-CE XT HOP CONTRACTS MADE Spot Market Is Quiet and Unchanged-Con dttlons In England. There were no new developments in the hop market yesterday beyond the report that Harris had made additional contracts at 15 cents, this time In the Independence seotlon. McXeff Bros, have purchased the F. J. Denny lot of 78 bales at Jefferson. English market conditions are reported by the Kentish Observer of March 10 as follows: ( Very nearly all the larger growths of Goldlng hops have passed into consumers' hands. The stocks remaining unsold on this market are very limited, and although the best growths have been sold at rather less than the prices ruling In the season, medium class hops are not to be obtained at less than full quotations. Continental prices are still maintained at a very high level, but American values are somewhat lower. English trade circulars, dated March 7 and 8, say in part: Wild, Neame & Co., London. There has been a considerable trade during the past week; certain lots being pressed for sale found purchasers at a slight reduction In values. Available stocks are shorter than for many years past. Manger ac 11 eniey, iionuon, j. Jie iew nops remaining are gradually being absorbed at the easier figures lately prevailing. W. H. and H. Le May. London. There is little more general Inquiry both for new and older dates, and holders being now more Inclined to meet the needs of buyers more business is passing with consumers who are taking advantage of this favorable opportunity to cover their requirements. Worcester With the better weather there was a more general demand last week, but iio large volume of trade was done; In fact, supplies are so reduced that only a mod erate trade Is possible. Good 1908's and 190T's sell steadily. WHEAT TRICES ARE QUOTED LOWER. California Sending More Inquiries, but Not Buying Much. - There is very little doing in the local rain market. Inquiries are coming from California wheat buyers, but they have not resulted in much wheat business yet. Lo cal dealers quote bluestem at $1.07 and club at $1. Exporters have been offering 47 and 98 cents for club, but it is not known that any is available, at that figure. Oats and barley are also quiet and un changed. Hay continues firm in the local market. An easier tendency Is noted in the California hay market. The latest circular of Scott, Magnor & Miller, of San Fran cisco, says: Arrivals of hay are still far too heavy for this market, and In consequence the market drags from day to day and con cessions are made from even the present low prices to dispose of the receipts, with out paying demurrage. This is the case with all grades of hay with the exception of fancy wheat hay and fancy red oat hay In light bales. We have heard of quite a number of sales of country stocks during the pVst week at figures below our quota tions on the same grades, which Indicates to us that dealers are willing to buy a little ahead providing they can do so at prices which will allow them a margin on the present market. The rains for the past week, which have been almost general, to gether with the warm weather, have been ideal for growing crops and the results have ibeen manifest by the large Inquiry from country holders of hay, to sell. Alfalfa is still moving to Washington and Oregon. Local receipts. In cars, were reported by the Merchants Exchange as follows: Wheat Barley Flour Oats Hay Monday 31 18 5 9 Tuesday 11 3 4 2 Wednesday 14 2 "2 2 Tear ago 2 1 2 10 Season to date 894' 1 2 'H 173S 1303 2134 Year ago.v. . .3-13 I486 1153 707 2303 HI1 DEMAND FOR EGGS, PRICKS FIRM Receipts Are Heavy, but Not I'p to Local and Shipping Needs. Egg production In the Willamette valley 5s now near the maximum. Receipts are very heavy, still they are not equal to the demand on the part of local buyers and shippers, consequently the market Is kept closely cleaned up and prices are firm. There is not enough poultry coming in these days to make a market. Chickens ere still selling at the highest price known in many years. There Is a good, but not an urgent de mand for dressed meats. Receipts of both veal and pork are fairly large, but they work off at steady prices. Fancy lambs B re In demand. The butter market has held Us own so far this week, but the continued decline at -San Francisco will 'have a tendency to weaken prices here. The supply of cheese Is small and prices are very firm. asparagus plentiful and cheap California Rhubarb Is Also Quoted Lower. Oranges in Demand. Asparagus is now the most plentiful vege table on Front street. There are large re ceipts by every steamer from California, and even more will come next week. Borne of the last shipments were of poor quality. White asparagus sold all the way from 5 to 8 cents a pound yesterday. Fancy green asparagus was quoted at $3 per crate. Rhubarb was also . cheaper at $2.50 fper box. Other vegetables' were " un changed. There is a good movement in oranges, Vhich are firm here and in the South. Shortage of Canned Vegetables. The high price of hogs, it is predicted, will make a shortage of canned -egetablea the coming season, says an Eastern trade paper. The connection is not as remote as might seem at first thought. Farmers who have been devoting their land to corn, peas and tomatoes are planning to engage In the cultivation of field corn, and, as a result. MOHAIR vegetable canners of the East and Middle West will not be able to secure the usual amount of goods to pack. Rank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: Clearings. Balances. Portland .$1,551,231 $li2.6i;7 Seattle 1,919.3$ 225, CMU Tacoma 1U9 108,f5 Spokane 850,9ol 161,690 I'ORTLAXD MARKETS. Grain, Flour. Feed. Etc BARLEY Feed and brewing; $27.50 2S per ton. WHEAT Track prices: Bluestem. $107; club, $1; red Ru.vrian, 9Hc: Valley, $1.02. FLOUR Patents. 5.73 per barrel; straights, $5.50; export, J4.30: Valley, $5.60; graham, $5.50; whole wheat, quarters, $5.70. CORN Whole, $34; cracked. $35 per ton. HAY Track prices; Timothy; Willam ette Valley, $2021 per ton. Eastern Ore gon. $23&24; alfalfa. $17.5018.50; grain hay, $17f?19. MI LLSTCPFS Bran $2425 per ton; mid dlings. $33.50; Aborts,' $25(&2tJ; rolled barley, $30.5031.50. OAT6 No. 1 white. $30.50 31. Vegetables and Fruits. FRESH FRUITS Apples, $1.25 3 box; pears, $1.50 1.75 per box; Spanish Malaga, $5,50-g7 per barrel; cranberries, $8S9 per barral. POTATOES Carload buying prices; Ore gon 50 00c per hundred; sweet potatoes, 8o per pound. VEGETABLES Artichokes. $101.35 per doz. ; asparagus, 6 8c; cabbage. $1.501 ..76 per hundred : cauliflower. $2 per dozen : celery. $4&4.50 per crate; gg-plant. 25 cents per pound ; head lettuce, B0g 75c pei dozen; hothouse lettuce, 11.40 1.50 box; garlic, 12c lb.; horseradish, 8 100 per pound; green onions, 35 4 Op- per doz. ; peas, 12 c pound; radishes, 25c per doz. ; rhubarb, $2.50 per box; spinach, $1.00(91.25 per box; sprouts, 9c per pound; tomatoes. Mexican. $3 per crate. TROPICAL FRUITS Oranges. $2.2592.75; lemons. $24; grapefruit. $2.756 per box; bananas, 5 5 Vic per pound; tanger ines, $1.75 per box. ONIONS Oregon. $1.50 1.75 per hun dred. SACK VEGETABLES Turnips, nominal; rutabagas, $1&1.25; carrots. $1; beets, $1.25; parsnips, $1. Dairy and Country Produce. BUTTER City creamery, extras, 36c ; fancy outside creamery, 3430o per lb.; store, 20c. (Butter fat prices average lc per pound under regular butter prices.) EGGS Fresh Oregon ranch, 22H23c per dozen. CHEESE Full cream twins, 21o pound; young Americas. 2 2 fii) 2 2 H c. per PORK Fancy, 13&13c per pound. . VEAL Fancy, 12 & 13c per pound. LAMBS Fancy, 15c per pound. POULTRY Hens, lfl20c, broilers, 254? 27c; ducks, lS&20c; geese. 121i13c; turkeys, live. 22 & 25c; dressed. 26 29c; squabs, $8 per dozen. Hops, Wool, Hides, Etc HOPS 1909 crop, 15 18c, according to quality; olds, nominal; 11H0 contract, 15 16c. WOOL Eastern Oregon. 1620o pound; Valley. 22&24c per pound. MOHAIR Choice, 25c per pound. CASCARA BARK 4 5c per pound. HIDES Dry hides, lGtfilTc per pound; dry kip, 16gl7c pound; dry calfskin, 14(5' 15c pound; salted hide. 78c; salted calfskin, 14o pound; green, 1c less. Groceries, Dried Fruits, Etc. DRIED FRUIT Apples, 10c per pound; peaches, 7c; prunes, Italians. 45c; prunes. French, 4 5c; currants, 10c; apri cots, 12Hc; dates. 76c per pound; figs, 100 half pounds, $3.25 per box; 50 six-ounce, $4.75 prr box; 12 12-ounce, 75c per box. SALMON Columbia River, 1-pound tails, $2 per dozen; 2-pound tails, X2.95; -1-pound flats, $2.10 -2 ; AlasKa pink. 1-pound talis, 90c; red. 1-pound tails, $1.45; sockeyes, 1 pound tails, $2. - COFFEE Mocha. 24 28c; Java, ordinary. 1720c; Costa Rica, fancy, 1820c; good, 16 185; ordinary, 12 10c per pound. NUTS Walnuts, 15c per pound; Brazil nuts, 1215c. filberts, 15c; almonds, 16 17c ; pecans, 15 16c; cocoanuts, 90c $1 tcr dozen. BEANS Small white, 5.60c; large white, 4c; Lima, 5c; pink, 6.20c; red Mexican, SUGAR Dry granulated, fruit and berry, $6. 25 ; beet, $6.05 ; extra C. $5. 75 ; golden C, $5.65; yellow D. $5.65; cubes (barrels). $6.65; powdered, $6.50; Domino, $lO.4010.9O per case. Terms on remittances, with in 15 days deduct c per pound, if later than 15 days and within 30 days, deduct 0 per pound. Maple sugar, l518c per pound. SALT Granulated, $14.50 per ton; half ground, 100s, $10.50 per ton; 50s, $11 per ton. ' HONEY Choice, $3.253.&0 per case; strained, 7q per pound. Provision. BACON Fancy, 27c per pound; standard, 23 V c ; choice. 2c; English. 20 21c HAMS 10 to 13 pounds. 20c; 14 to 18 pounds, 20c; 33 to 20 pounds, 20c; hams, skinned, 19c; picnics, 15c; cottage rolls, 17c; boiled hams, 25 27c LARD Kettle rendered. 10, 18Hc; stand ard pure, 1U 17c; choice, 10s, lttc. SMOKED BEEF Beef tongues, each 60c; dried beef sets. 19c; dried beef outsldes, 17c; dried beef in sides, 21c; dried beef knuckles. 20c. PICKLED GOODS Barrels: Pigs' fee.t. $13.50; regular tripe, $10; honeycomb tripe. $12; lunch tongues, $19.50; mess beef, ex tra, $14; mess pork, $30. DRY SALT CURED Regular short clears dry salt, 16c; smoked, 17 c; short clear back, heavy dry salted. 16c; smoked. 17c; Oregon exports, dry salted. 16o; smoke a, 17fca Furs. FURS Prices pafd for prime No. 1 skins: Mink. Northwest Canada and Alaska. $8 10; Colorado, Wyoming, Montana. Idaho and California, $57.5U; British Columbia and A iaska Coast, $S 10 ; Oregon, Washington, Idaho and Montana, $7. Lynx, Alaska and British Columbia. $35; Pacific Coast, $28. Raccoon. $1 1.50. Skunk, Canada, $2.50; Pacific Coast. $16? 2. Wolf and coyote, Can ada, $56; Idaho, Montana, Wyoming, Ne vada, $1.50S. Beaver, Oregon, Washing ton. Canada. Alaska, $5.507; Idaho, Mon tana. $10; Utah, Wyoming, $6.50(&,7; cubs, 2 2.50; Otter. Canada. Alaska. 12.5014; Oregon, Washington, Alaska, Canada, Brit ish Columbia, $3 4.SO; Pacific Coast, $1.75 62.50. Gray fox, Pacific Coast. $1.50 2. Bear, black and brown. Alaska, Canada, $16 20; cubs. $1215; Pacific Coast. $lo15; cubs, $57; grizzly, perfect, $125 33. Bad ger, $2. Muskrat, Canada. Alaska, 80c; Pa cific Coast. 30fi'60c Fisher. British Colum bia, Alaska. ?1520; Pacific Coast. $U 15. Wolverine. $6'd 8. Silver fox, $300 500. Cross fox, $ 10 15. Sea otter, $ 200 4 SO. Blue fox, $Scqil0. White fox, $1220. Swift fox, 40c Ermine, 60c. Mountain lion, $5 30.- Ringtail cat. 2f75c Civet cat, 14) 80c House cat, 5 25c. BETTER - MEAT SUPPLY PRICES EASE OFT" IX THE SEAT TLE MARKET. Eggs Sell at Good Prices In Spile of Large Receipts Butter Is Steady. BHATTLB, Wash., March 23. (Special.) The supply of dressed beef, pork and mutton la more plentiful arid the market is easy. Only extra fancy beef now commud, 11 cents. Some good stork goes as low as lO cents. Tbe arrival of considerable mutton from Califor nia has helped the situation here materially. Poultry 1.. very scarce. Dealers cannot get enough to fill orders. "Kkks were steady in the face of large re ceipts. Receipts showed an Increase in the proportion of locals and Oregons. More eggs old at 26 than at 25 cents. The demand was brisk. The butter market is steady and unchanged. Receipts of green produce today were so heavy that no attempt was made to get prices up out of the rut In which they have been this wtek: Spinach, for instance, dropped down to 38 cents a box. Trade was brisk In all departments. Metul Markets. NEW YORK. March 23. The market for standard copper was dull today. Spot and all deliveries up to the end of May, I2.00 13. 12'iC London market, firm and slightly higher; spot, r8 17s d: futures. 50. Lo cal dealers quote lake at 13.37 13.82V4c; electrolytic, 13. 1S 13.37c, and casting, 13 13.25c. Tin firm. Spot and March, 32.10g32.40c: April and May. 32.2032-.60c. London mar ket firm and higher; spot, 146 12s Sd ; fu tures. tl4S lT.s. Lead, weak. Spot, 4.404.50c New York and 4.20 B 4.30c East St. Louis. London un changed. Spelter steady. Spot S..159i.65c New York. 0.33 6; 5.45c East . St. LouIsl London unchanged. Iron was higher at sis 03 for Cleveland warrants in London. Locally no change was reported. BOSTON. A SELLER Unloading of Stocks Carries Prices Downward. BONDS ARE ALSO WEAK Another Advance in the Bank of ' England Discount Rate Expect ed After the April Settle ments Are Passed. NEW YORK. March 23. The early prom ise today of an Inert holiday market was not borne out by the later developments when In creasing pressure of stocks for sale carried prises downward. It was asserted that a large part of tbe selling of stocks was for Boston account and might be In pursuance of a speculative cam paign. The array of charges against the United States Steel Corporation presented to the At-torney-Oeneral by the American Federation of Labor was another factor in making the day's sentiment. So also was the result of the selection in the Fourteenth Massachusetts District of a Congressman. The result of the New York City bond sale did not create enthusiasm, as the bids were studied in their larger bearings. This feel ing was emphasized by the renewed decline in the price of New York City bonds, the new prices receding to l.Ol. The average sub scription price having amounted to 1.01.25, the day's price thus represented a loss to the subscribers. The early advance In Reading was accom panied by rumors that the Baltimore & Ohio holdings of that stock had been sold. The persistence of the money exchanges against London is subject of discussion and gives rise to the supposition that another ad vance In the Bank of England rate may be resorted to after the April settlements are passed. In order to attract funda to that cen ter. Bonds were heavy. Total sales par value, $4,317,000. United States bonds were un changed on call. CLOSING STOCK QUOTATIONS. Closing ' ' Sales. High. Allia Chalmers pf. 4oo 4H Amal Copper .... 4.900 79Vi Am Agricultural .. 20 47 S Am Beet Sugar .. 200 391 American Can .... 200 lli Am Car & Foun. 700 64 Low. Bid. 39 77 47 38 11 04 67 38 26 14 501-4 83 H lottVi 59 125 140 90 3714 494 114 103 V 40 77 47 39 11 04 Vt '39" 2Bt, 14i 6o4 83 y4 307 o 125H 141 96 37T4' S 11414 lO-'ffc Am motion oil . . Am Hd & Lt pf. Am Ice Securl Am Linseed Oil . 200 39' " 4 JO 2t Am Locomotive . , 700 BUs m 107 fiO 125 V4 Am Smelt Ref. 87,900 do preferred 100 2( K) Am Steel Foun... Am Sugar Ref . . Am Tel & Tel .... Am Tobacco pf ... Am "Woolen AJiaconda Mln Co. Atchison , do preferred 200 1.70O 141H 3J0 38 3.40O 4H 000 300 103 Atl Coast Line ISOUj Bait & Ohio 111 Bethlehem Steel .. 200 Brook Rap Tran. 13,100 31 31 7814 76 Canadian Pacific .. Central Leather . . do preferred ... 5K) 17914 4O0 43 178 178 107 300 87 5514 29 54 153 143 88 39 62 14414 17 174 41 7914 3.1 3014 48 38 Central of N J Chea & Ohio 9,400 Chicago & Alton Chicago Gt West.. 100 do preferred . . . 600 88 8tt 30 5014 29 54 154 142 8914 62 144 17 175 "4 41 14 79 3314 30I 48 38 Chicago & N W... C. M & St Paul .. C. C, C & St L... Colo Fuel & Iron .. Colo & Southern . . Consolidated Gas. . Corn Products ... 1W H4 8.8O0 1441, 100 89 li 2,200 3X 41 62 3oO 144 14 2. &0O J(4 1751s 42 80 83 ?4 31 4914 38 Del & Hudson 200 L & R Grande 600 2O0 do preferred . . . Distillers' Securl . . Erie do 1st preferred. do 2d preferred . General Electric . . Gt Northern pf . . . Gt Northern Ore .. Illinois Central Interboroueh Met.. 300 2,100 4O0 200 3O0 153 .153 153 400 13614 135VS 135 700 68 01 -i 01 100 140 14o 140 22 58 91 20 12 4614 23 37 69 10O 132 3-5 143 41 72 70 111 82 27 124 4514 15 "hit 134 31 13B 1194 103 21 43 191 43 167 38 14 IOO 47 90 53 2814 73 12614 2S 64 32 30 44 684 185 97 76 43414 8414 119 47 59 21 48 CO 69 74 I.40O 23 22 57 9114 do preferred. ... 12,7)0 Inter Harvester . . 3O0 Inter-Marine pf lnt Paper Int Pump Iowa Central . loo K C Southern ... 3o0 do preferred ... 214 2414 37 2414 3714 iooii 152 33 !. Laclede Gas .... Louisville A Nash Minn & St Louis. M, St P A S S M. 100 100U. 400 15314 400 36 ij 70O 144 Mo. Kan & Texas 1.6O0 43 do preferred Missouri Pacific .. 600 National Biscuit National Lead . . . K)0 Mex Nat Ry 1st pf 1.40O T0V4 70V4 8414 28 12514 84'4 27 124 4514 lo 134'4 31 135 HO 1"3 2114 i924 N Y Central N Y. Ont & West. Norfolk & W est . . Nort h American . . Northern Pacific . . Pacific Mail ...... 2.60O 8X 6,300 I0714 400 18 1.000 100 S3, BOO 135 31 Pennsylvania ... People's Gas P. C C A t L. i;i7 5oo llou. 3,000 104 u. Pittsburg Coal .... 400 21 Pressed Steel Car Pullman Pal Car. 400 19314 Ry Steel Spring.' Reading 149,500 Republic Steel .... 4oO do preferred ... Rock Island Co .. 15,600 do preferred ... St L & S F 2 pf . . 8-10 St L Southwestern 100 do preferred ... ...... 169 39 167W 38 0 46 54i 28 53 14 28 Slose-Sheffield Southern Pacific . ." 18.300 127!i 126 2814 6414 33 31 45Vi 6914 185 97 4-outhern Railway. 200 28 !-. do preferred ... Tenn Copper .... Texas & Pacific. Tol. St L & West. do preferred 200 100 8'M 2O0 64 33 31 45 3c0 ey Union Pacific-.... 69.4O0 187 do .preferred . . . 300 98 U S Realty U S Rubber U 8 Steel 141. 6O0 84 119 47 C9 22 47 004 69 74 do preferred ... Utah Copper .... Va-Caro Chemical. Wabash ' do preferred ... "Western Md ..... Westlnehouse Elec "Western Union ... Wheel A L Erie. 2.600 121 1.100 48 6,900 8' 600 2;10O 1O0 fvOO 400 100 22 1 48 60 -4 70 75 Vj 5 Total sales for the day. 600,900 shares. BONDS. NEW YORK, March 23. Closing quota tions; U. S. ref. 2s reg.lO0N. Y. C. gn 8s 00 cuujjuh , .juu-a j.u, rscinc its. , , 73 TJ. S. 3s reg....l02 No. Pacific 4S...100 do coupon ...10214 U. s. new 4s reg.114 do coupon ...114 D. A R. G. 4s 95B dii'uu t-a-ciiic 4S.1U1 Wis. Central 4s. 94 Japanese 4s ,, 91VB Dally Treasury Statement. WASHINGTON. March 23. The condition of the Treasury at the beginning of business today was as follows; Trust funds Gold coin 1834.740.869 Silver dollars 4S0.7K9.OO0 Sliver dollars of 1S90 3(S08 000 Silver certificates outstanding. 4S3,789iooo General fund Standard silver dollars in gen eral fund Current liabilities Working balance in Treasury of fices In banks to credit of Treasurer of the United States Subsidiary silver coin.. Minor coin . . .. T-otal balance in general fund... 2.073.992 98.165,856 02,808,396 35,463.933 21.649,037 -1.102,535 82,824,301 Eastern Mining Stocks. BOSTON, March 23 Closing quotations: Allouez 48 iMlamt Copper... 2314 Amalg. Copper.. 77-Mohawk 01 A. Z. L. & Sm.. 28!Nevada Con. . 21 Arizona Com.... 30N!pissing Mines' 10 2 Atlantic 9 North Butte .." 3 B C C C rets. l14IXorth Lake - B & C C S M. 1714 'Old Dominion... 41 Butte Coalition. 25 fOsceola Cal. & Arizona. 71 Parrott (S & C) 18 Quincy R7 Cal. & Hecla...605 iQuincy centennial ..... 194 Cop. Ran. C. Co. 75 Shannon i-iiz ifiuperior 54 Ittnn & Bos win 1111 B. Butte Cp. M. 10 Franklin . 17 Sup Pitts Cop. 33 Giroux Con naiaiJuuncK 65 Granby Con. . . 67 U S. Coal & Oil 37 Greene Cananea, 10 I. Royale (cop.) 20 Vi Kerr Lake .... 8 do Tfd .... Utah con 3114 Lake copper ... 74 Winona . ....... 10 - La Salle Copper 1514tW"olverine ...133 Money Exchange, Ktc. NEW YORK. March 23. Money on call steady, 2gj3 per cent; ruling rate, 2; closing bid. 2; offered at 3 per cent. Time loans very soft and dull; 60 days, 3 6 4 per cent: 00 days, 4 per cent; six months; 44 pe cent. Prime mercantile paper. 4ffS per cent. terling exchange easier, with actual busi ness In bankers' bills at $4.83854.84 tor 60 day bills, and at $4.8706 for demand. Commercial bllli 4.83Q4.83T. Bar sHvel 59c. Mexican dollars 14c. Government bonds steady: railroads heavy. - LONDON. March 23. Bar silver steady, 23d per ounce. Money. 2 03 per cent. The rate of discount In the open market for Bhort bills Is 3 per cent; three months bills. 3&3 13-16 per cent. Consols for money, 80 15-16; consols for ac count, 81. SAN FRANCISCO, March 23. Silver bars. 61 c. Mexican dollars. 44c. Sterling, 60 days. M-84; sight, $4.80. Dried Fruits at New York. NEW YORK. March 23. Evaporated apples, quiet; spot fancy. 10 c; choice, 8 9c; prime, 68o; common to fair, 6 6c. Prunes steady. California, 29c; Or egon, 69c. ''Apricots, quiet. Choioe, 10 lie; extra choice, 1111c; fancy, 12(pl3c. Peaches dull. Choice, 66 8o; extra choice, 694 7 lie; fancy. 77c. Raisins inactive. Loose muscatel. 3 & 5c; choice to fancy seeded. 56ct seedless, 34c; London layers, SI. 150 1.25. PRICE GETS A SETBACK PREDICTION OF RAIN IX THE SOUTHWEST. Early Market at Chicago Is Higher on Pessimistic Crop Advices. CHICAGO, March 23. Crop advices, which were more pessimistic tban s.ny pre vious news received, started prices in the wheat pit on a sharp upturn early today. Later, lt was reported' from Kansas City that the Weather Bureau there predicted rain for sections of the Winter wheat belt. This Btarted quite general profit-taking, which resulted in a material setback in prices. From 1.01 July dropped to SI.OS and September from 1.07 to (1.00. May in the meantime declined from (1.14 1.14 to $1.13. Final figures on July were (1.08, September (1.06 and May $1.13. 1 Corn was weak most of the session. A leading elevator interest was a free seller of the July option. The market closed weak at the low point, with prices lc to 1 1 c lower. Oats followed closely the course of corn, sentiment being bearlBh nearly all day. The market closed weak at the bottom. Provisions closed strong, with prices 5c to 20c higher. The Board of Trade will be closed Friday. WHEAT. , Open. High. Low. Close. May (1.13 $1.14 $1.13 $1.13 July 1.08 1.09 1.08 1.08 Sept 1.06V4 1.07 1.06 1.06 CORN. May 2 62 61 61 July 64 64 63 63 Sept. .65 65 64 64 OATS. May 44 44 43 43 July 42 42 41 41 Sept 39 40 . -3914 39 MESS PORK. May 25.95 26.27 25.95 26.10 July 25.70 25.90 . 25.70 25.75 Sept 25.30 25.50 ' 25.30 25.37 LARD. May 13.95 14.07 13.95 13.97 July 13.75 13.S7 13.75 13.77 Sept 13.62 13.77 13.! 13.67 SHORT RIBS. May 13.70 13.92 13.67 13.85 July 13.85 13.50 13.35 13.4214 Sept 13.27 13.37 13.27 13.32 Cash quotations were as follows; Flour Easy. Rye No. 2. 7S(S79c. Barley Feed or mixing, 53 57c; fair to choice malting, 606Sc. Flaxseed No. 1 Southwestern, $2.25; No. 1 Northwestern, $2.35. Mess pork Per barrel. (26.1026. 25. Lard Per 100 lbs.. 14.25. Sides Short clear (loose), $13.37 13.87; boxed. (14&14.25. Total clearances of wheat and flour were equal to 18.000 bushels for the week. Pri mary receipts were 522.000 bushels, com pared with 481,000 bushels tlw corresponding day a year ago. Estimated receipts for tomorrow: Wheat, 61 cars; corn, 108 cars; oats, 100 cars: hogs, 19,000 head. Receipts. Shipments. Flour, barrels 51,700 29.900 Wheat, bushels 57.600 34.000 Corn, bushels 257,700 203.900 Oats, bushels 381,600 126,900 Rye. bushels 7.000 Barley, bushels 252,500 71,000 Grain and Produce at New York. NEW YORK. March 23. Flour Firm. Receipts, 23,185 barrels; exports, 2857 bar rels. Wheat Spot, firm: No. 2 red, $1.25 C. I. F. and No. 1 Northern. $1.27 f. o.b. open ing navigation. Wheat was firm and higher on buying by big commission houses- and on continued absence of rains- in he Southwest, although reports of thunderstorms in Kansas caused a partial reaction later and at the close prices were unchanged to 14 c net higher. May -closed $1.2314: July. $1.17; Sept., $1.14. Receipts, 19.200 bushels. Hops Dull. Hides Firm. Petroleum and wool Steady. Grain at San Francisco. SAN- FRANCISCO, March 23. Wheat Weak. Barley Weak. Spot quotations: Wheat Shipping, $1.82 1.85. Barley Feed, $1,3501.37: brewing. $1.37 1.40. Oats Red, $1.601.65; white, $1.60 1.67; black, nominal. Call board sales: Wheat No trading. Barley May, $1.80 1.31 ; June, $1.20 bid, $1.27 asked; July. $1.20 bid, $1.25 asked; December, $1.22. Corn Large yellow, $1.60 1.65. Kuropean Grain Markets. LONDON. March 23. Cargoes quiet but steady. Walla Walla for shipment at 39s 3d. English country markets, quiet but steady; French country markets, quiet. LIVERPOOL. March 23. Wheat March. 8s 3d; May. 7s lld: July. 7s lld; Octo ber, 7s 10 d. Weather fine. Minneapolis Grain Market. MINNEAPOLIS. March 23. Wheat May, $1.13 1.13 : July. (1.14. Cash, No. 1 hard. $1. 14 1.15 : No. 1 Northern. $1.14 011.10 : No. 2 Northern, $1.12 jf 1.13; No. 3 Northern. $1.07 1.11. Flax $2.34. Corn No. 4 yellow, 55 56c. Oats No. 3 white, 4141c. Rye No. 2, 6073c. Grain Markets of the Northwest. TACOMA, Wash., Marsh 23. Wheat Mill ing: Bluestem, $1.09; chjb, 99c. Export: Blue stem, $1.11-1.15; club, $1.04; red Russian, $1.02. SEATTT.ia Wash.. March 23. Milling quo tations: Bluestem. $1.07: club, $1; fife. $1; red Ru.ssian. 98c. Export wheat: Bluestem. $1.04 club. 97c; fife, P7o; red Russian. 95c. Yes terday's car receipts: Wheat 14 cars, oats 3 cars, barley 1 car. Coffee and Sugar. NEW YORK. March 23. Coffee futures closed dull, net unchanged to five points lower. Sales 3500 bags. March and April 6.80; May. 6.90; June. 7: July 7.05; August to November, 7.10; December, 7.15; January and February, 7.16. Spot, quiet. Mild, quiet. Cordova, 9 1214 c. Sugar Raw, steady: Muscovado, 89- test, 3.86c; centrifugal, 96 t3st, 4.26c; molasses sugar, 89 test, 3.16c. Refined, steady; crushed, 5.95c; granulated. 5.25c; powdered, 5.35c. Dairy Produce in tbe East. CHICAGO. March 23. Butter Steady, creameries. 2fWT32c: dairies. 2227c. Eggs Receipts 22.018: steady at mark, cases included, nraic; iirsts, c; prime firsts, 21c. Cheese eteady. Daisies. lftB'ieWc: Twins. 15015c: Young Americas, 1515c; Long Horns, 16ri6c. NEW YORK, March 23. Butter and oheese Firm, unchanged. Eggs Firm. Western seconds, 2122o. STOCK PRICES HOLD Former Values Maintained in AH Lines. SUPPLY IS NOT HEAVY Steers Readily Bring $6.7 5, Sheep $7.50 and' Lambs $9 at the Portland tJnion Stock Yards. There was only a limited amount of live stock: available for business at the Portland Union Stockyards yesterday, supplies hav ing been well cleaned up during the active trading Tuesday. No advances were recorded during the day, but the market held Its own in ' firm shape throughout. Three loads of steers of top quality were disposed of at $6.75, the new high price established Tuesday. A small bunch of sheep were moved at $7.50 and Spring lambs brought $9. No hogs were offered. The day's receipts were 83 cattle, 200 sheep and 6 horses. ' Sales at the yards were as follows: Weight. Brlce. 28 steers, extra good 1102 $6.75 27 steers, extra good.... 1095 6.75 27 ssteers, extra good 1107 6.75 11 sheep, good 113 . 7.50 13 Spring lambs, gc0l 43 8.00 Prices quoted on the various classes of stocks at the yards yesterday were as fol lows: . CATTLE! Best steers. 6.256.7V. fair to good steers. $5.506; strictly good cows, $505.50: fair to good cows, $4.75: light calves. $67; heavy calves, $45; bulls, $3.604.25: stags. $45. HOGS Top, $11.2511.50; fair to good, $10011 SHEEP Best wethers. $77.50: fair to good wethers. $5.506.50; good lambs, $8 12. Eastern Livestock Markets. CHICAGO, March 23. Cattle Receipts es timated at 16,000; market strong. Beeves, $5.75&S.70: Texas steels. $5&6.40; Western steers. $.V?f7: Blockers and feeders. $3.75i?i6.75; cows and heifers. $2.SO37.15; calves, $S.25 9 75 Hogs Receipts estimated at 14.OP0; market SfrlOo higher. Light. $10.45lO.85: mixed. $10,65410.95; heavy. $10.60(3-11; rough, $10.60 trio. 75; good to choice heavy, $10.75.dll; pigs, $9. 70 10. 60; bulk of sales. $10.75WlO.90. Sheep Receipts estimated at 12.000; market steady. Native, $5.60fj9; Western, $5.808.0; yearlings, $89.30; lambs, native, $8.75 10.5O; Western, $9.505 10.60. , OMAHA. March 23. Cattle Receipts 4SOO; market slow, ateady. Native steers, $6.25' 8.35: cows and heifers. $3T.S5; Western steers, $5.25(7.65; Western cows and heifers. $3.5C4r6: canners $36 4.50: stockers and feed ers. $4'SJ7.1"i calves, $4.50S,8-50; bulls, stags, etc.. $4,258-0.50. Hogs Receipts 8600; market 10c higher. Heavy, $lo.6(810.80; mixed, $10.55'?? 10.60; light. $10.25(6-10.65; pigs. $90 lo; bulk of sales, $10.55 (S10.65. .tw?ep Receipts SOOO: market stronger. Yearlings. $ft9.25; wethers. $7.708.65; ewes, $7.508.oO; lambs. $9.75610.50. KANSAS CITY, Mo.. March 23. Cattle Receipts. SOOO; market, steady. Native steers. St;.25S.50: native cows and heifers. $3.50 7.25; stockers and feeders, $4.50 6.00; bulls. $4.60(S'H.3O; calves, $59.25; Western steers, $6.25S.25; Western cows, $4S.50. Hogs Receipts. 10.00O; market. lOc high er. Bulk of sales. $10.43 010.70; heavy, $10.65 1 0.75 ; packers and butchers, $10.55 10.70; light. $10.30 111 OO; pigs. $(i.5O10. Sheep Receipts, SOOO; market, steady. Muttons. $7.25(g S.40; lambs. $9.25 10.25; fed Western wethers and yearlings. $7.50 9.50; fed Western -.ewes. $7.25 8.25. QUOTATIONS AT SAN ITIANC1SCO. Prices Paid for Produce in tbe Bay City Market. SAN FTtANCISCO. March 23. The follow ing were the quotations In the produce mar kets today: MIllBtuffs Bran, $26j2S; middlings. $33l??36. Vegetables Cucumbers, $1.25(1.50; garlic, 45c; green peas, 5&7C; string beans, 35c; asparagus, 4c - Butter Fancy creamery. 26c; creamery seconds, 25c; fancy dairy, 25c. Eggs Store. 21c: fancy, 21 c. Cheese New, 1515c; Young Americas, 18(S18c. Hay Wheat, $1419; wheat and oats, 13 17; alfalfa, $S4)12; stock. $&5; straw, per bale. 50 if 75c. Hops 17 18c per 'pound. Wool Spring; Humboldt and Mendoceno, 1315c; South Plains and San Joaquin. 10c. Fruits Apples, choice, 75cG$l; common. 5065c; bananas. 75cfa)$3: limes. $5.50ti6; lemons, choice, $1.50(3:2; common, $101.25; oranges, navels, $1.252.50; pineapples, $2 0 2.50. Potatoes Oregon Burbanks. $1B1.15; Early Roe. $1(Jt.1.10; Salinas Burbanks, $1.35S'1.50;. sweets. $2(&2.25. Poultry Roosters, old, $5(i'5.50; young, $8 (fflO broilers, small, $3fr4; largo, $4i4.50; frvers. $78: hens. $S10; ducks, old. $6 7: young, $S4jil0. Receipts Flour. 5491 quarter sacks; wheat, 640 centals: barley. 5480 centals; Beans, 817 sacks; corn. 675 centals; pota toes, 1830 sacks; bran. 2S5 sacks; hay, 310 tons; wool, 40 bales; hides. 51,000. London Wool Sales. LONDON. March 23. The second series of the wool auction sales closed today. A miscellaneous assortment of 6322 bales sold steadily at recent rates. The feature of the auction was the animated demand for merinos for the continent. Fine light, greasy crossbreds were supported by home and American buyers at higher prices. New York Cotton Market. NEW YORK. March 23. Cotton Spot closed quiet, 5 points higher. Mid-uplands, 15.1oc; do gulf, 15.40c. Sales, none. Futures closed steady, 5 points higher to 1 point lower. March. 15.03c; April, 14.95c; May, 14.94c; June. 14.60c; July, 14.66c; Au gust, 14.18c; September, 13.38c; October, 12.94o November, 12.80c; December, 12.78c; January, 12.74c Wool at St. Louis. ST. LOUIS. March 23 Wool Dull. Ter ritory and Western mediums, 23&(26c; fine mediums, 1822c; fine, lldaPlflc. EUGENE SEE NEW ROAD Survey for Kailway to Florence Will Begin Next Monday. EUGENE, Or., March 23. (Special.) The arrival here tonight of S. H. I. Kernier, from Minneapolis, or many years supervising engineer of the Twin City Traction Company, of Minneapolis, and who put in the Minneapolis Water System, lends special significance to new railroad building1 In this section of the state. Mr. Fernier hag been employed by the Lane County Asset Company, a local holding company, to make the survey and finance the proposed Eugene & Weston road from her to Cos Bay via Florence at the moMtu of the Sluslaw River. Mr. Fernier is not only a man of wide experience in railroad construc tion and promotion, but is reputed to have abundant means -and excellent Eastern financial connections. All his office furniture has been shipped here and headquarters are being opened in the Hovey block at the corner of Eighth and Willamette streets. Mr. Fernier w'ill begin, organization of a corps of engineers next Monday for the Burvey of' the new railroad, and it is believed construction work will be gin this Summer or early Fall. Etijirene Plans for Commission. EUGENT3. Or., March 23 (Special.) At a meeting of the Fairmount Im provement Club last night a resolution was passed favoring the commission form of government, and J. Van Bos- fill tT-FrflfliriigrTl fr mlii tflirTimiiiigM i,isriisiriiiii"rTrr'ii !8;irtrt hir.-fl-..-itSoa OLDEST BANK. ON THE PACIFIC COAST CAPITAL $1,000,000 SURPLUS and PROFITS $600,003 OFFICERS. W. M. LrADD. President. EDW. COOKINGHAM. Vice-President W. H. DTJNCKLET, Cashier. J It. S. HOWARD, JR., Ass't Cashier. L. W. LADD, Assistant Cashier. WALTER id. COOK. Ass't Cashier. Interest Paid on Savings Accounts and Certificates of Deposit We Issue Letters of Credit. Foreign .Drafts, and Travelers' CnecLs Combines the inherent stability of the mineral aggregate with the cementing qualities of the bituminous cement, and produces a smooth, dustless, waterproof pavement, makng ideal streets that beautify the city and enhance the value of property. BITULITHIC has more intrinsic value than any other hard-surface pavement. AMERICAN BANK & TRUST COMPANY SAMUEL CONN ELL, President G. L. MacCIBBON, Cashier CAPITAL, $150,000 Does a general banking; business. Opens checking; accounts without limitation as to amount. Fays interest on time and savings deposits. CO It A Kit SIXTH AND OAK, Big Profits to Early Buyers Have you any Intimate knowledge of the tremendous profits that have been made during the past .year by wise investors who bought stock, in grood oil companies when selling at their early prices ? Purchases of such stocks as S. W. B-. Esperanza, Luclle, Silver Tip, etc., are pood buys today, and these stocks pay splendid income on the present-day prices, but think of the exceedingly hitfh rate earned on th-e early prices, which were irt some cases only one-tenth of the present prices. i Bearing all this in mind is why we so stronply recommend the purchase of Coallnga Crude OH Co. stock today. This stock is now one of the most active on the Los Angeles Exchange, selling around :iOc (par $l.(HM, and it is surely going up to 50c and much higher very rapidly. This movement ou the Stoolc Exchange La logical, for the company i a clean-cut organization, small capitaliza tion, own their land one of the choicest absolutely proved oil-bearing properties in the Coalinga field which they are aggressively developing, and will soon have on a producing, profit-making, dividend-paying basis. The illustrated monthly Oil Magazine, "Securities.' tells all about tihs company and Its splendid property ; also contains valuable Information about the California oil industry in general. 8end in this coupon for a free copy. COUPON". Pacific States Guaranty & Land Co., 501 First National Bank "Rldg., Pan FVancIsco. Gentlemen please send me, free of cost, information regarding stock referred to above; also free copies of oil magazine. "Securities," for six months all this with out any obligation whatever on my part. Nam St. and No., City . , P. O. 3-24. kirk was appointed to prepare articles for the press of the city advocating the adoption of the commission plan by the city of Eugene. A special meeting of the club will be held Friday night for the purpose of protesting against the raising of telephone rates in Eu gene. UMPQUA COUNTY PROPOSED Voters in Western Lane Would Have Bailiwiek of Tlieir Own. EUGENE, Or.. March 23. William Brynd. of Florence, was In Eugrene to day with application for the founda tion of a bill providing for the estab lishment of a new county to be known as Umpqua. The western . boundary of the pro posed county will be the Pacific Coast, while the eastern line of the proposed count)! will be practically the Coast range. The proposed county will thus take a. strip off the west side of Lane and Douglas counties to Curry County on the south. It is proposed to make Florence the county seat. Inasmuch as there are no railroad connections between the proposed county and Eugrene, making: it difficult for those having grand Jury or other legal business to attend to at either Roseburg or Eugene, voters in the sec tion affected will be generally favorable to the project. Tt is proposed to present the bill by Initiative at the coming general elec tion. SEATTLE OUSTS WOMEN New I'ollee Chief Clowes l'i. Dis orderly Houses and Hotel. SEATTLE. Wash., March U. Special.) Chief of Police C. W. Wappenstein last night closed two disorderly houses con ducted in residential districts and warned th Inmates of one notorious up-fown hotel that they would have to leave. Instructions were issued today to po licemen and plainclothesmen to locate and close every objectionable house in the residence and apartment-house dis tricts, and to instruct the undesirable wnmPn, who have frequented these re- PORTLAND, SEATTLE, SPOKAXE, TACOMA. . Downmg-Hopkins Co. BROKERS Established 1803. Stocks, Private Grain. Wire 201-2-S--4 Conch Bldsr. DIRECTORS. EDWARD COOKINGHAM. HENRY L. CORBETT. WILLIAM M. LADD. CHARLES E LADD. J. WESLEY LADD. 6. B. LI.NTHICUM. FREDERIC B. PRATT. , THEODORE B. WILCOX. PORTLAND, (OREGON. sorts, that they would be expected to move Immediately. The women have been told that they can temporarily procure lodgings on Sixth avenue South, but that they will jiot be permitted to show themselves on the streets and that the only electric lights will be those provided by the city. Chamberlain's stomach and Liver Tablets Invariably bring relief to women suffering from chronic consti pation, headache, biliousness, dizzineHS, sallowness of the skin and dyspepsia. Soli by all dealers. TRAVELERS' GUIDB. Canadian Pacific Less Than Four Days at Sea Weekly Sailing Bet ween Montr eal, Quebec and Liverpool. Two day on the beautiful St. Lawrenc Klver and the shortest ocean route to Eu roD. Nothing better on the Atlantic than our Em presses. Wireless on all steamers. ITrst-rlonss $ 90, second 951.2S. one rloss cabin 947.60. Ask any ticket a iron t. or write for ssll inir, rates and booklet. F". K. Johnson, ien eral Acent, 143 Third St.. 1'ortland. Or. HONOLULU And Bark (First Cla.s) 6Wz Hay. from ti. i. $110 The splendid twin screw stpsmer SIERRA (IO.OOO tons displacement) sails March 'Jii. April 16. May 7 and every 21 days. Hound trip tickets Rood four months. Honolulu, the most attractive spot on entire world tour. BOOK NOW and secure best berths. LINK TO TAHITI AND NEW ZEALAND. R. S. Mariposa and Union Line. sallinK April ". May 21. June etc. Tahiti mo! back J4 clays). $12r first class. New Zea land (Wellington). l!4o.2G first class. R. T. six months. OCKANIC S. S. CO.. G73 Market Street. San Francisco. SAX KRAJ(CISCO PORTL.UiD STEAM SHIP COM FAN Y. Only direct steamers and daylight sailings From Alnaworth dock, Portland. 4 P. M. S.S. Row. City, Mar. 25. 4 F. M. b.K. Kansas City. Apr. 2, 9 A. M. From I'ler 40, Sun Kranclwco, 11 A. M. S.S. Kansas City, Mar. -JO, Apr. 10. 8.S. Hose City, Apr. 2, 16, etc M. J. KCK-'HB. C. T. A.. 142 Third St. Main 402. A 1402. . J. W. RANSOM. Dock Agent. Ainswortn Dock- Main 288. A 1234. San Francisco and Los Angeles Direct North Pacific S S. Cn.'m steamships Roan oke and Elder sail alternately every Tues day at 8 P. M. S. R. Santa Clara sails for Eureka and Ban Francisco March 20. April ft. 23. May 7. 21. at 4 P. M., from Martin's Uock, foot of 17th st. Ticket office l;t2 3d st. Phones M. 1314; A 1314. H. YOUNG. Afcent. COOS BAY LINE Th steamer R AMONA leaves Portland every Wednesday, 8 p. M., from Ainswortn dock for North Bend, Marshfleld and Coos Ray points. Freight received until a p. M. on day of. sailing. Passenger fare, first class. $10: second-class. $7. including; bertb and meals. Inquire city ticket offico. Third and Washington streets, or Alnaworth dock. Phone Mais 2SS.