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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (March 29, 1910)
THE MORNING - OREGOXIAX. TUESDAY, MARCH 29, ,191 0. 19 SEASON ENDS EARLY Potato Shipping Movement Comes to a Close. WITH A SURPLUS ON HAND Colorado and Idalio Supplying the I.ato "Wants of California and the Southwest Bluestem Is Loner. The potato season ha practically come to a close ko far as the shipping; movement from Oregon is concerned. Some seed stock trill go out later, but It la not likely there will be much doing; from now on in table potatoes. The California, demand for Oregon potatoes lias ceased, owing to the low price at which Colorado and Idaho potatoes are available. The competition from thoae states could be met only by putting the Oregon price down below the cost of production, and. this the farmers cannot be expected to do. Advices from Colorado show that state to ii&ve 2000 cars surplus in farmers' hands. The shipper have een given a special rate Into California and the Southwest, and as potatoes Bre now selling la Colorado at 35 cents, the dealers there are enabled to get trade. The same price prevails in Idalio, where there, are lOOO cars to dispose of. In Oregon the unsold stock Is estimated by dealers to be all the way from 50 to 800 cars. The late seed demand from California should take from 100 to 200 cars. Home con smmption and home seed will not use up all the remainder, so there will be a considerable surplus left on the farmers' hands, according to the present figuring of the trade. ' jrors Borcirr ron engljsh trade furrhases In Vast Six IMiys Aggregate 1600 Sales. The active hop business that has been under way for the past week has not only effectually checked the decline, but has im parted considerable strength to the market. Dealers figure that in the last six days 1100 bales of farmers hops and 500 bates of dealers' hops have been sold. Unsold stocks in the state are estimated at 15,300 tales. Among the transactions reported yester day was the purchase by McNeff Bros, of 61 bales from L L. Gray, of Dayton. Advices from California state that pre paratory work for the coming crop In the hop yards is progressing, and that reports In regard to the condition of the roots are conflicting. Some growers state that the roots are in good condition, while others re port many missing hills. There will prob ably be an increase of about 10OO acres in the entire State of California. riJi'TV OF TOMATOES NOW ON SAKE lteceliHs Include California, Florida xuid Mexican Stock. Ihere was a good assortment of green produce on the street yesterday and the jobbers had a big trade. The supply of as paragus was unusually large and prices ranged from 5 to 8 cents a pound. Rhubarb was also plentiful at 5 cents a pound. Among the express receipts from Los An geles were ISO crates of Mexican tomatoes of excellent quality. They offered at $2.?S per four-basket crate. Florida tomatoes were also plentiful, were unusually fine, and sold at $4.50 per six-basket crate. Some hothouse tomatoes were also on sale at (5.50. The rail receipts included two cars of mixed vegetables, two cars of oranges and one car of apples. CrOOI SHXPPDi'G DEJIAXD FOR. Rnns All line of Country Produce Clean Up at Firm Friceav Recelpts of eggs were again large, but the demand was sufficient to take care of All of them. Iocal buying was not heavy, but tftsre were good-sized orders la from (Seattle. The market was steady and un changed. The poultry supply, as usual, was insig nificant and the market was firm. The demand for meats of all kinds was active and receipts were not large. Butter was steady under a good demand lor city creamery products. No change in price is expected for several days. aM."ESTBM Is OITERED CHEAPER tmall Lots Can Be Had as Iv as $1.01. j C'oarse drains Dull. Weakne is still the feature of the wheat market, the trade In. bluestem particularly fceing demoralized. It was reported that small lots were available as low as (l.Ol, but even with the cheap prices asked, buy ers were Indifferent. Club was more steady In price, but was In little demand. Oats and barley were also slow. Local receipts, in cars, were reported by the Merchants Exchange as follows: Wheat Barley Flour Oats Hay Monday 2.1 . . 3 5 5 Tear ago n 4 15 l n Feasor, to date D.015 120O 1770 1303 21 "i'ear ago ....10.2-J7 14S6 1182 711 2333 Weekly Grain Statistics. Following are the weekly wheat tf the Merchants Exchange: - American Visible Supply Bushels. 1B10 27.S20.OO0 J09 :ili,412.000 lnos :8,in2.oo 1!07 47.17.000 11HMJ 4,47ll,0(iO 1 .. ...... .32. 327,000 l!W)4 :;2,.su,mo 103 43.201.0OO lt)2. . ..... .40.5B5.000 1W01 54,748,000 'March March March April. April April March March March April 2S, li!. 30, 1, 2. 3. 2S, 3. 31. 1. Decrease. S22.O00 etu.ooo 1.03H.0O0 Mrt.OtlO 859,000 491,000 413, 0K 1.784.00O 1,383.000 35,000 Increase. Quantities on Passage Week Week Week ending ending ending Men. 2ti Men. 19 Men. 27. '09 For Buehels . Bushels Bushels K B2.72O.00O 31.760.000 P.2.0S0 000 Continent ..16.feSO.O00 1-5.440,000 21.2S0.0O0 Totals 49.600.000 4T.200.000 53,360,000 World's Shipments. Flour Included Week Week Week ending ending ending Men. 2tt Mch. 1 Mch. 27. "09 From Bushels Bushels Bushels L. S., Can.. .1.639,000 1.2M.OOO 2 036 ooo Argentina ,.1.7ns,0O0 1.3.-,2.0(M 2&W Ono Australia .. .1,520.000 2,3JO,0uO 1 4U60O0 Dan. ports... 3S4.00O 240.000 'lfio'ooo Russia 4.176.OO0 2,576.0i0 8o'oOO India . 416,000 224.000 JuioOO Totals ....8.903.O00 7,993,000 7.379,000 Small Changes In Provisions. The provision card for this week shows no Important changes. The only altera tions are in boiled hams and lambs' tongues. Bank Clearings. Bank clearings for the Northwestern cities yesterday were as follows: Clearings. Balances.' Portland J2.215,!S4 1169.931 Seattle 2,112.(2 347.340 Tacoina 857.256 118.69;; frpokane 757. 5s6 68,059 PORTLAND MARKETS. Grain. Flour. Feed, Etc WHEAT Track prices: Bluestem. $1.01 j 1.03; club, 07 if Use; red Russian, S6c; Val ley. $1. BARLEY Feed and brewing, $27(327.50 per ton. FI.Ol'R Patents. $5.75 per barrel; straights. 4.75B.50: export, $3.(H4.30: Valley. $5. 60: graham, $5.50; whole wheat, quarters, $5.70. CORN Whole, $34; cracked, $35 per ton. HAT Track prices: Timothy; Willam ette Valley, $2021 per ton; Eastern Ore iron $23324; alfalfa, $17.60618.50; grain hay. clings. $33.50; shorts, $25g'26; rolled barley. $30.5si.ao. OATS No. 1 white, $29 -830. Vegetables and Fruits. FRESH FRUITS Apples, J1.25 OS box: pears. $1.50(1.75 per box: Spanish Malaga. --.50T per barrel: cranberries, S per barrel. POTATOES Carload buying prices; Ore gon GO 00c per hundred; sweet potatoes, SiS'ic per pound. VEGETABLES Artichokes. 85cl Pr dos ; asparagus. SraSc; cabbage. lM4i!c per pound; cauliflower, $1.75&2 per dozen: celery, $44.50 per crate; cucumbers, $2.25 per dozen; egg-plant, 23 cents per pound; head lettuce. 50 'a. 75c per dozen; hothouse lettuce, 50oJ$1.25 box; garlic, 12c pound; horseradish. 8-lOc per pound; green onions. 35ra40c per dozen; rhubarb, 4c per pound: spinach, $1 (ft 1.25 per box; sprouts, 9c per pound: tomatoes. $2.756 5.50 per crate. TROPICAL FRUITS Oranges. 2.252.75: lemons. $24; grapefruit, $3.256 per box; bananas, 54P53C per pound; tanger ines. $1.75 per box. ONIONS Oregon. 1. .00 1.15 per hun dred. SACK VEGETABLES Turnips. $1L23 per sack; rutabagas, Ilia 1.25; carrots, bbe'd $1; beets, $101.25; parsnips, 73c $1. Dairy and Country Produce. BUTTER C'lty creamery. extras. 36c: fancy outside creamery. 3436c per lb.; store. 20c. (Butter fat prices average lsc per pound under regular butter prices.) EGGS Fresh Oregon ranch. 2223c per dozen. CHEESE Full cream twins, 21o per, pound: young Americas. 22&22c PORK Fancy, 13f&13c per pound. VEAL Fancy, ll3i12tc per pound. LAMBS Fancv. ISIRc per pound. POULTRY Hens. 2021c; broilers,. 27 28c: ducks. 224&23o: geese, 27?f'28c; tur keys, live. 22W25c; dressed, 252ac; squabs, $5 per dozen. WALL STREET UNEASY SUPPORT IS WITHDRAWN FROM TIfE STOCK MARKET. Prices Decline Sharply on a Small Volume of Sales Less De mand for Jjoans. ' NEW YORK, March 28. The extent of the price declines suffered in the stock mar ket today was regarded ominously. The volume of sales was not heavy and the wide concessions which had to be made to effect them had a disquieting effect on sentiment. The superficial causes advanced in explan ation were not considered adequate to ac count for the weakness of the market and there were apprehensions of some undis closed condition which was prompting the withdrawal of effective support by the financial powers. The extension of the Easter holiday in London to include Monday left that impor tant source of speculation closed. It was surmised that thje prospect In that market, nevertheless, might furnish some explana tion of the day's depression. The upturn In the wheat market directed attention to another source of anxiety. The reports coming to hand of Winter damage to wheat have been mitigated heretofore with assurances of the possible restoration of good conditions by timely moisture in the threatened regions. The news that re lieving rains had not been forthcoming was seized upon by the bearish element in the speculation to force declines in prices. Copper securities stood out conspicuously in the weakness. Advices from Boston of a further slump in the price of Granby Con solidated Mining brought large selling or ders in other copper stocks. The action of the group today seemed to disclose a specu lative position which was vulnerable to the unfavorable effect of the suspicions aroused by the poor conditions revealed in the Gran by affairs. The unsupported state of the market aroused fears that the general trade and industrial outlook might contain unpromis ing features not liked by the influential financial interests with the widest sources of information. The yielding tendency of the time loan market in the subsidence of demand from borrowers is pointed out as a possible symp tom of declining mercantile activity. Bonds were weak.- Total sales, par value. $3,057,000. United States bonds were un changed on call. CLOSING STOCK. QUOTATIONS. Closing Sales. High. Low. Bid. Allis Chalmers pf 38 Atm! Copper . 51,400 78 1 737, 74i Am Agricultural .. 200 46 45 '4 45 Am Beet Sugar .. 800 88'4 H6 36 Am Can pf ROD 11 11 11 Am Car & Foua. 2,S"0 64 t',2 ti2 Am Cotton Oil .. 300 i na'ii. twi Am Hd & l.t pf. H-O 381, :tl 37 Am Ice Securl .. oo 27 25 S54 Am Linseed Oil .. 200 14 3 130.4 Am Locomotive .. 2.000 61 49 i 49 'i Am Smelt & Ref. 41,000 82T 79'n 79 do preferred ... iK 107" 10014 J06 Am Steel Fdv 200 59 59 59 Am Sugar Rf 1,000 1244 1224 12214 Am Tel & Tel 3,iO 341 V 140V 14" Am Tobacco pf . . . 200 96 96 94 Aif Woolen I.OOO 37 1; 361, 36 Anaconda Mln Co., 13.6h) 4H"i 45 4514 Atchison 14,Tm 114V H214 112'8 do preferred ... 5"0 103', UK! 103. Atl Coast Line ... 2"0 .132 J 32 130 Bait Ohio 4.7O0 11 1H lioii Jioi; Bethlehem Steel .. R0O SOi2 29i2 29 Brook Rap Tran. 10.7O0 77' 76 75H Canadian Pacific .. 200 178i-i 17814 1781, Central Leather 2.600 42, 41 41 do preferred ... ...... lot; Central of N J A. 290 Ches & Ohio 1,300 R7H 8.1 Chicago & Alton 55 Chicago Gt West.. 3,800 2914 27 28 do preferred T,7 Chk-ago & N W . TOO 152a; 1.-.2 152 C M St Paul .. 10,100 143VS 141 141 14 C C, C & St L... 1 88 8S 88 Colo Fuel & Iron. 3.600 z. 38 38 Colo & Southern .. 6lO 60 59 '4 694 Consolidated Gas.. B.8' 145 142H 142 Corn Products ... 2,700 174 lti 16", Del & Hudson ..... .. 185 D & R Grande ... 1.300 41; 40H 4014 do preferred . . . . 80 Distillers' Securl.. 600 32'4 314 3114 Erie 4.10O 3(H 20; 294 do 1st preferred. 400 491 481, 4.H4 do 2d preferred ..... "35 General Electric .. loO J.M 151 1494 Gt Northern pf ... 8 4HO 135 14 13.14 133; Gt Northern Ore .. 4.4oO 63 64 Illinois Central ... 2k 140 140 140 Interborough Met.. 7.KK0 234 22 2214 do preferred ... 10.90O 5ST, BH14 CM'i Inter Harvester 700 fl 90 85 u, Inter-Marine pf .. loo 19T4 194 194 Int Paper 7O0 124 124 12' Int Pump 2,300 46i4 42 41 Iowa Central .......... '... 22 K C Southern .... 1O0 3614 36'4 36 do preferred ... loo 6.814 6814 68(4 Laclede Gas 2iO 10014 1004 loo Louisville A Nash 2.50O ISH4 1494 150i Minn & St Louis. 2nO 35 '4 35"4 34' M. St P & S S M. 200 1394 139 13HU Mo. Kan & Texas .400 424 41 4 4 14 do preferred . 1,400 70 6914 72 Missouri Paclflo ..... ..... 69 National Biscuit no National Lead ... I.OOO 81 804 8O14 Mex Nat Ry 2d pf 4oO 2814 27i 274 N T Central 4,100 12314 121 1214 N T, Ont & West Soo 45 4414 444 Norfolk West 8,6iO 10514 103 103 North American 800 7714 764 76 Northern Paclflo .. 2,700 134 1324 1S24 Pacific Mail 30V Pennsylvania 14.5O0 1364 1354 135 14 People's Gas .... 1.60O, 1104 I0914 10914 P. C C & St L... 3,2M 1044 1024 102U, Pittsburg Coal 6(10 21 14 2014 2014 Pre.-sed Steel Car. loo 42' 421, 42V4 Pullman Pal Car. 40O 193 19114 193 Ry Rteel Spring.. SO 4214 42 40 Reading '....115.100 I6SI4 10414 1644 Republic Steel ... l.noo 374 37 37 do preferred ... SOO 1004 JOO 99 Rock Island Co.. 10.600 4814 464 4n do preferred ..... 88 !t L & S F 2 pf.. 2.20O f3 604 61 St L Southwestern 2,814 do preferred ... 100 73 ' 73 72V Sloss-Sheffleld 1.400 774 74 74 Southern Pacific .. 15. 800 12714 125V, 1254 Southern Railway. 2,000 28I4 2814 28 do preferred ... 7O0 6414 0214 63 Tenn Copper .... 6OO 324 3114 81 Texas & Paciflo.. l,4oo ao-4 3014 so Tol. St L & West. I110 45 45 43 do preferred ... 2O0 69"4 6914 674 Union Pacific ... 63,4iiO 18014 1;'4 1834 do preferred ... -W 98 974 97 TT d IOO 76 Tft TA U S Rubber ..... Boo 444 4314 4.1V, U S Steel ..142.200 844 824 2 do preferred ... 3.i0 120 11914 119 14 Utah Copper 6.1O0 47 434 44 Va-Caro Chemical. 6,600 604 6814 B Wabash . 410 2 21 14 2114 do preferred ... 8.4(0 484 464 41"4 Western Md 20O 60! fto 494 Westlnghoui'H Eleo l.TOO 69 634 63 Western Union .... oX) Wheel & L Brie 62 Total sales for the day, 634,500 shares. BONDS. NEW YORK, March 2S. Closing quota tions: . 1 U. S. ref. 2s reg.loo4'N. T. C. gn 3"4s 9014 do coupon .. . 1004 1N0. Pacific 3s... 72-4 U. 3. 3s reg. 1024 No. Pacific 4s..l0OB do coupon . 1021-4 ;Unlon Pacific 4s.lOo-4 C S. new 4s reg.144 i !Wls. Central 4s. R4 do coupon .. .1144 (Japanese 4s .... &i4 VK & R. 11. 4s... Uti 1 1 SHEEP SELL AT SB Local Market Shows Fifty Cent Advance. FINE LOT FROM GERVAIS Cows Are a Quarter Higher at $6. Steers Firm and Unchanged. , Hog Prices Are Steady. Receipts Liberal. Tlw first important sale of sheep in over a week took place at the Union Stockyards yesterday, which gave the trade an oppor tunity to find Just where the mutton market stands. These sheep. 766 in number, brought $3 a hundred, which Is 50 cents bet ter than the top price heretofore paid. The sheep were sent in by B. F. McCullogh, of Gervais, and averaged 99 pounds In weight. The cattle market continued strong. Two cars of good steers went at $6.75 and others moved at $6.60 and $6.65. Bulls sold at $4 and $4.50. The top price paid for cows In this mar ket. $6, was realized on the sals of two head of good weight. A lot of fair to good calves brought $6.50. In the hog line, $11 was the best price of the day. Of the hogs received at the yards, six cars came from Nebraska. Shippers of stock were R. B. Willard, of Nampa, Idaho, four cars of cattle; F. S. Folsom, of Albany, one car of cattle and calves; Henlin & Ohiingcr, six cars of hogs from Holliday, Kearney, Buda and Ovrton, Neb.; John Barber, of Endloott, Wash., one car of hogs; Bowman & Johnson, of Baker City, two cars of cattle and hogs, and B. F. McCullough, of Gervais, three cars of sheep. The day's sales were as follows: Weight. Price. 776 sheep 99 $8.00 47 eteers 7n0 6.75 51 steers ..........1231 6.65 50 steers , ....1055 6.60 2 cows ..1300 6.00 21 cons 916 5.00 77 calves -'54 6.50 1 bull 1840 4.50 1 bull l"f0 4-00 3 bulls 11SG 4.00 S3 hogs 18 11.00 3 hogs 410 5.00 1 hog 160 10.00 Prices quoted on the various classes of stock at the yards yesterday were as fol lows: CATTLE Best steers, $6.2306.75; fair to good steers, $5.50 c 6 ; strictly good cows. $5.50'(6; fair to good cows, $55.25; light calves, $6 7; heavy calves, $4 eg. 5; bulls, $3.60i4.25; stags, $4(5. SHEEP Best wethers, $7.508; fair to good wethers, $6.50 if 7; good lambs, t&4t "HOGS Top, $11.25; fair to good, $1011. Kaslern Livestock Markets. CHICAGO. March 28. Cattle Receipts es timated at 22.010; nvarket steady. Reeve. $2.75?iS.75: Texas steers. $5.10(fi6.50: Western steers, $5fa7: stockers and feeders, $3.8oj6.Sl; cows and heifers. 2.8tK57.25; calves. $89.25. Hogs Receipts estimated at 22,0tK; market 10015c higher. Light, $10. 7011.05; mixed. $lo.75S11.15; heavy, $lo.5g'11.174 ; rough. $10.85&10.95: good to choice heavy, $10,959 11.17!4; pigs. $10i& 10.85; bulk of sales, $114j 11.10. Sheep Receipts estimated at 15.O00; market steady. Native. $D.6ik&9.15: Western. $5.80 9 15- yearlings, $8-a,9.50; lambs, native, $8.75& 10.50; Western, $9.5Xg 10.60. KANSAS CITY. March 28 Cattle Receipts 11.000; market steady. Native steers, $6.5oir 8. 50; cows and heifers. $3.5oi7.25: Blockers and feeders, $4.506-6.75: hulls. $4.25(&5; calves. $4.50i'9.25; Western steers, $0.26!.&.25; West ern cows. $46.25. Hogs Receipts 7000: market lOc higher. Bulk of sales, $10.7O4il0.90: heavy, $10.90 11; packers and butchero. $10,756:10.95; light, $10.4010.80: pigs, $U.75B 10.25. Sheep Receipts lo.ooO; market steady. Mut tons $7.2."VSS.50; lambs. $9.254j10.25: fed Western wethers and yearlings, $7.75".50; fed Western ewes, $7.25jj 8.25. OMAHA, March 28. Cattle Receipts 4600; market, best steady, others lower. Native steers. $6i8.15; cows and heifers, $3.50(.6.50: Western steers, $4.50tfi7.25; cows and heifers. Western, $3(&-5.75; canners, $2.5o-S'4.25; Mock ers and feeders, $.'1.75Ji.75; calves. $4.20 S.50; bulls, stags, etc.. $4ff?6. Hogs Receipts 4:SO0; market 60 higher. Heavy. $10.7o'S'10.85; mixed. JlO.eO'g-ioo; light. $10.4010.70; pigs. $9-S10; bulk of sales, $lO.6oe10.70. Sheep Receipts 10,00: market steady ana easier. Yearlings. $8.4fa 0.4O ; wethers. $7,600 8.60; ewes. $7.50S.40: lambs, $0.5010.40. - Money, "Exchange, Etc. NFW YORK. March CS. Prime mercan- tile paper, 414 S per cent. Sterling ex change strong, with actual business In bankers' bills at $4.844.8410 for 60-day bills, and $4.8730 for demand. Commercial bills $4.834 0 4.84. Bar silver 524c . Mexican dollars 44c. Government bonds steady, railroad bonds weak. Moiwy on call, steady, 24 S3; ruling rate, 24; closing bid, 24; offered at 214. Time loans weak; 60 days. 344 per cent; 90 days, 4; six months, 4344. BAN FRANCISCO, March 28. Sterling, 0 days, $4.84; sight, S4.S7H Silver bars 52 c Mexican dollars 45c. Drafts Sight. 3c: telegraph, 6c. I Daily Treasury Sta4eenuit. ( WASHINGTON. March 28. The condition of the Treasury at the beginning of business today was as follows: , Trust funds Gold coin $852,895,869 : Silver dollars 490,216,000 Silver dollars of 180 3.804.000 1 Silver certificates outstanding... 490,216,000 General fund Standard silver dollars in gen eral fund 1.602.644 Current liabilities 100,333,342 Working balance in Treasury of fices 25. 647. 40 In banks to credit of Treasurer of the United Stales 35,281. 720 Subsidiary silver coin... 21.465,941 Minor coin 1.077,292 Total balance in general fund... S4.US1.0SO POTATO PRICES DROP SEATTLE MARKET OVERSCP PL1ED AND WEAK, More Pressure to Sell Apples Eggs Are Steady and TTnchanged. Large Wlieat Keceipts. SEATTLE. Wash.. March 28. (Special.) Apples and potatoes are .lower, due to heavy receipts. Twenty carloads of pota toes arrived today. Many commission me.n are refusing to purchase potatoes at all, handling them only on a commission ba sis. About the very top price on the best Eastern Washington tubers is $17, with many selling as low as $15. Local potatoes are a drug on the market. There is more pressure in the apple mar ket, especially from the East Side. .On ions are steady. Tomatoes were Just steady at $3(3.25 for Florida stock. The first broiling chickens offered on the street this season commanded $5 per Eggs were steady today. Another car of Eastern stock is due and a fair sized ship ment of California . stock will be here this week. Butter was rjvther dull. The feature of the grain markets Is the increased receipts of' wheat. 39 carloads arriving today. Most of this is for export and is hot having any material effect on prices. Barley receipts are also Increas ing. QUOTATIONS AT SAOf FRANCISCO. Prices Paid for Produce In the Bay City Markets. SAN FRANCISCO, March 28. The follow ing were the quotations In the produce mar kets today: Millstuffs Bran, $2627.50; middlings. $32 4 2 3. Vegetables Cucumbers. $1.25g1.75; garlic, SS5c; green peas. 4'sjOc; string beans, 36c; asparagus, 4 4p41.a. Butter Fancy creamery, 26c; creamery seconds. 254c; fancy dairy, 25c. Eggs Store, 2014c; fancy, 21c Cheese New, 1616o; Young Americas, 18Hay"Wheat, $14 019; wheat and oats. $12 17' alfalfa, $812; stock, tw; straw. oer bale. 5075c Hops 17ilSc per pound. Wool Spring; Humboldt and Mendoceno, IS 15c; South Plains and San Joaquin, S 10c jprults Apples, choice. 75c $1; common. 6065c; bananas. 75c3; limes. $5 50;-i.6; lemons, choice. $202.50: common, $1.2o 1.75; oranges, navels. $1.252.50; pineapples, ' "potatoes Or e g o n Bu rbanks, 80c 18 $1 ; Early Rose, $Hd1.10: Salinas Burbanks, $1.251.50; sweets, $22.40. Reoelpts Flour. 3 788 sacks; wheat, 1605 centals; barley 5350 centals; oats, 663 cen tals; beans, 1688 sacks; potatoes. 21o0 sacks; bran. 90 sacks; middlings. 325 sacks; Viiv soo tons: wool, 173 bales: hides, 66;. PORTLAND, SEATTLE, SPOKANE, TAC05IA. Downing-Hopkins Co. BROKERS Established 1803. Stoeks, Grain. Prl vnte Wires) 201-2-3-4 Couch Bids;. BITULITHIC 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. MacGIBBON, Cashier CAPITAL, $150,000 Does a general banking; business. Opens checking accounts without limitation as to amount. Pays Interest on time and savings deposits. CORKER SIXTH AND OAK. PORTLAND, (OREGON. MAKE MONEY IN TT BY buying first- class listed oil stock while you can secure it at the first low prices that prevail be fore production bearing. Oil stocks boujeht at these rice have shown from 100 per cent to 1000 per cent increase in value In the past year. Secure some Coal- infra Crude now at the prices auoted on the exchange around 35c. then eniov the bijf profits to be made when this stock 1umos with the brineine in of their first well. about Anril 1. Coal intra. Crude owns and is az- rresfiivelv developing a choiee. absolutely nroven piece at Coalin-tra. Full particulars in illustrated monthlv Oil Magazine, "Securities." Call or send in this coupon and this will be mailed free for six months. COt PON. P. 0.-3-! Pacific States Guaranty & Iand Co., 501 First National Bank Bldg.. San Francisco: antlpmpn PlnAita send me. free of cost, information regarding Rtn-r-Vr referred to Ahovft. also free copies of oil magazine, "Securities." for six months all this without any obligation whatever on my part. Name . . . Street and No. . .1 City STOCK OFFERING I IL OP AT 30c The Jewell Oil Company Is incorporated under the laws of the State of California with 600,000 shares of a par value of one dollar each. The property consists of a lease on thirty acres of the best ground in the famous Kern River District. There are already seven wells drilled and the eighth is down close to 1000 feet and will be finished and producing within ten days. The location is In the western portion of the district in section 25, 28-27, and the property Is known as the "Emerald" lease. JEWKI.I, GKOCXD I'l.OOIt PRICE 3I CENTS PER SHARE. The initial offering of stock in the Jewell Oil Com pany is now being made at 30 cents per share. This is the ground-floor price and those desirous of par ticipating in a proposition of this nature, with a pro duction already developed, MUST subscribe immedi ately as a material advance in price may be expected within ten days or two weeks. As soon as well No. eight Is 'finished there will be an approximate addi tional production of from 50 to 75 barrels of oil per day. ' THE WISDOM OF" EARLY BYIYI-fG. Premier stock was originally placed at 10 cents per -share before a well had been drilled, before a produc tion had been established. It is now selling; at 11.30 after two years of development and will go to much higher figures. San Krancisoo & MoKittrick was started at $1.50 a share and is now selllngr at 30, with twelve wells, and is paying: dividends of $3.60 per year. Illinois Crude was selling at 25 cents per share when we called attention to the stock, and is now selling at 65 cents. lucile was Bold at 23 cents per share and Is now worth about $12 and has only three wells as yet pro ducing. The original price of Templor Ranch was 10 cents per share and we placed hundreds of our clients in this stock who can sell today at two and one-half times more than they paid, and Templor Ranch is still advancing in price. "We could mention hundreds of instances of the same nature where stock purchased at a few cents per share is now worth many, many times the initial price. There is a reason for this, and the reason is that Cali fornia oil production is the most profitable industry In the state today and has been for many years. Even at one-third the present price of oil scores of com panies have paid handsome dividends. It is a little out of the ordinary that opportunities of the nature of Jewell should be offered at extraor dinarily low prices. In Jewell a large production has already been established. The ground has already been proved and Is of the best of the Kern River dis trict. The property is magnificently equipped for economical development and production. Every con venience is provided, that is necessary for operation at a minimum of cost. Stock in a. developed and pro ducing property can be had for the price of a bare prospect. We selected this opportunity for the benefit of our clients and our clients will secure the large profits to be made from an investment in the shares of the Jewell Company. THE KERV RIVER DISTRICT. The Kern River district is probably the largest pool of oil in the world. It has already produced over 120.000,000 barrels of oil and Is now producing at the rate of more than a million barrels a month. The district is constantly widening and new productive territory Is being opened up, especially to the west and north. The oil sands are thoroughly well estab lished. The oil contents can be figured out to a nicety and It Is known that hundreds, of millions of barrels are yet to be produced. The western portion is ap parently the most productive, as the wells run as high as 75 and 100 barrels. The Jewell wells will average probably from 50 to 60 barrels dally, some of them 'running higher. It Is a fair estimate to place them at not less than 40 barrels to be on the conservative side. The sands are more than 125 feet in thickness and many hundreds of thousands of barrels of oil will be produced from them. Wells can be completed in about thirty days. Well Iso. 7 was finished in 26 working days. A large production can quickly be de veloped. Hence the value of Jewell stock will con stantly increase until the entire thirty acres is drilled. There is room for about 20 more wells. If twenty-five wells are drilled a production of about 1000 barrels per day may be expected. This is 80,000 barrels per month. Oil will be sold at more than 63 cents per barrel, but, assuming the net price, after the royalty Is deducted, to be 50 cents per barrel, the company wIlL have an income of $15,000 per month or $180,000 a year, one hundred per cent each year on the present value of the stock. IlV JEWELL XOW. We alvise the immediate purchase of Jewell stock because we know the value of the property. We can prove this value to any one who will visit the property and we invite personal Inspection. Parties who have visited the property are enthusiastic and have pur chased stock. We recommend the purchase of the stock on its merits. It is worth more money right today. It should be on a dividend-pnying basis in the course of the next four or five months. The capitali zation is low. The equipment is unsurpassed in the Kern River field. The management Is all that could be asked for. The superintendent is a practical oil man of many years' experience and has been in charge of the development for a long time. The Jewell is a member of the Independent agency. Tt, therefore, has the best of marketing facilities. It will secure as much for its oil as any producer and more than some. IMrect pipe lines take the oil from the tanks without expense. No waste, no delay. The company is mar keting its oil monthly, making regular runs through the Independent lines. PROFIT IX OIL. Tt Is an acknowledged fact that no other husinnss in California shows a greater profit than oil. That is . .why our shrewdest bankers and business men are heavy investors in oil. The industry has probably paid in profits upwards of forty millions of dollars. It has increased in production from two million barrels in 1S99 to 58,000,000 barrels In 1910, and the demand is still ahead of the supply. Hundreds of companies are paying dividends. Only a few are known except to the interested stockholders and they are perfectly satisfied. This year the profits in oil will be from ten to twenty millions of dollars. LOOK INTO IT. Liook into this oil business. Investigate it throusrh every possible source. The more you look into it the better will it appear, because concrete, absolute facts cannot be disputed. California's greatest of all iitdus tries is well worth Investigation, and those who are willing to secure more than four or six per cent income without impairing the safety of the principal will surely have the wisdom to verify the statements made regarding this vast industry. Not everybody can invest a large amount of money, but any one with a small amount can Invest in Jewell on an equal basis with all. They are assured of the same rate of Income. Both large and small stock holders profit only in proportion to their investment. You can buy 100 shares for $30, or 5000 shares for $1500, or 10,000 shares for $.1000. It is 30 cents per share to all. An easy payment plan has been arranged also so that you can buy five times as much stock as would otherwise be possible, and you take no chances in so doing. For instance, suppose you could today pay $30 for 100 shares, next month you could buy another 100 shares and so on for five months. Bui. if you bought this way you would not be able to get it all at 30 cejits. If you buy on the installment plan, you get the benefit of ground-floor price for all the stock. The advance Is all yours. Jewell stock will without question advance materi ally as soon as we sell the allotment provided at 30 cents. This allotment will all be gone In a few days. Rush that order. Sign and return one of the at tached coupons with cash or part payment as you desire. See notes. In conclusion, we wish to urge the Immediate pur chase of Jewell oil stock. There is only a small block of stock remaining to he sold at 30 tents a share. It may be sold any day. Do not delay your order. We predkt that the stock will advance 100 per cent within the next few months, possibly within a few weeks. We predict that the stoVk will go on a. substantial dividend-paying basis within six months. We do not believe you will ever have another oppor tunity to buy Jewell oil stock at anything like the present price. Application will he made for listing the stock on the Han Francisco and Los Angeles Ex changes within the next thirty days. Just as soon as. this stock is listed, the price will commence to advance. Fill out one of the coupons below and mail it to our nearest office today. Act today. LINCOLN MORTGAGE AND LOAN COMPANY S37 Henry Building, Seattle, Washington SAN FRANCISCO LOS ANGELES NEW YORK WHAT YOUR MONEY WILL BUY CASH PAYMENT. Shares. 100 shares 200 shares 500 shares 1,000 shares 2,500 shares 5,000 shares 10,000 shares Par value. $ 100.00 200.00 500.00 1.000.00 2.r.oo.oo B, 000.00 10,000.00 ce. 30.00 60.00 150.00 300.00 750.00 1.500.00 3,000.00 INSTALLMENT PAYMENT Shares. 100 1 500 1,000 2,500 5.000 10,000 First Price. Payment 30.00 1 "0.00 iOO.OO 750.00 1.500.00 3,000.00 $ 6.00 30.00 60.00 150.00 300.00 6U0.00 Per mo. for 4 mo. $ 6.00 30.00 60.00 150.00 SOO.OO 600.00 Make checks, drafts and money orders payable to Lincoln Mortgage & Loan Co., and send to Seattle office. We reserve the right to reject any and all subscriptions to this Issue. INFORMATION COUPON (P.O.) LINCOLN MORTGAGE & LOAN CO., 537 Henry Rldg., Seattle Wash. Send me complete information (maps, circulars, etc.1 regarding Jewell Oil Co., also the WEEKLY OIL BOOK for one month with out cost or obligation on my part. Xame Address City. . APPLICATION FOR STOCK LINCOLN MORTGAGE LOAN COMPANY, S37 Henry Bldg., Seattle, Wash. (P. O.) Dute .1910 A-I hereby make application for ......... shares, at 30 cents each, of the Capi tal Stock of the JEWELL. OIL. COMPANY. and enclose herewith $ as first pay ment on same. Balance of $ to be paid, $ per month. B-I am enclosing $ herewith in full payment for shares at 30 cents each of the Capital Stock of the JEW ELL OIL COMPANY. It is underslood that the shares are of a par value of $1.00 each. Name. . . . Address City... Bonds Investments Timber Lands McGrath & Neuhausen Co. 701-2-3-4-5 Lewis Bldg.' PORTLAND, - OREGON TRAVELER GUIDE. OREGON CITY, Or., March 2S. (Spe cial.) The civic committee of 'the Woman's Club has secured Homer Dav enport to give his "Travelogue Through Arabia" on Wednesday evening, March 3 HONOLULU $110 And Hack (First Class) XX J 5Ms Itays from S. i'. The splendid twin screw steamer SIERRA. (10.000 tons displacement) sails March 2b. April 16. May 7 and every 21 days. Round trip tickets good four months. Honolulu, the most attractive -cot on entire worm tour. BOOK NOW and secure best berths. LINE TO TAHITI AND NEW ZtALANl). S. S. Mariposa and Union Line, sailings April 15. May Ul, June 2l, etc. Tahiti and back '24 days). 1'25 first class. New Zea land (Wellington). S2i.Z5 lirst class. R. r. six months. OCEANIC S. S. CO.. 673 Market Street. San Francisco. sav IUAXCISCO A PORTLANO STEAM SHIP COMPANY. Only direct steamers and daylight sailings From Ainsworth dock, Portland, 9 A. M. S.S. Khihii City. Apr. 2, 13. S.S. Rose City. Apr. tt. 23. From Pier 40, San Francisco. 11 A. M. 8S. Rose City, Apr. 2, 16. S.8. Kansas City. Apr. 9, 23. M. J. ROCHE. C. T. A.. 142 Third St. Main 402. A 1402. J. W. RANSOM. Dock A Bent. Ainsworth Dock. Main 26M. A 1234. San Francisco and Los Angeles Direct North Pacific S. S. Co.' steamships Roan oke and Elder sail alternately every Tues day at 8 P. M. S. S. Santa Clara sails for Eureka and Fan Francisco March. 26. April . 2;. May 7, 21. at 4 P. M., from. Martin's Dock, foot of 17th st- Ticket office 132 8d st. Phones M. 1314: A 1814. H. YOUNG, Airent. COOS BAY LINE Th steamer RAMON A leaves Portland Yery Wetineadayp 0 p. M. from Ainsworth dock for North Bend, Marshiletd and Coos Bay points. Freight received until 6 P. M. on -day of sailing. Passenger fare, first class. 910; econd-class, $7. includlu- berth and meals. Inquire city ticket offlcw. Third and Washington streets, or Ainsworth dock. Vhone Main. 2GS. TRAVELERS' GCIDK. Canadian Pacific Less Than Four Days at Sea Weekly Sailing Bet ween Montreal, Quebec and Liverpool. Two days on the beautiful St. Lawrence River and the shortest ocean route to Eu rope. Nothing better on the Atlantic than our Empresses. Wireless on all steamers. First -clef-ma S90, second $51.25, one class cabin $47.VO. A sk any ticket apent, or write for sail ings, rates and booklet. K. K. Johnnon, iicn fral Agent. 143 Third St.. Portland. Or. CCANDINAVIAN-AMERICAN LINE fcj 10.000 Ton Twin-Screw Passenger Steamers Direct to Norway, Sweden and Denmark Hellig Olav.. April l-tVnited States. .May 12 Oscar IT April 2SiHeIlig Olav. . ..May 2ii C. K. Ti-etgen.-May ?Kscar II luue U All 8 1 earners rciuipped with Wire-It Klrst cabin, $7a upward ; fecond, $0o. A. K. JOHNSON & CO., 1 Broadway, New York, or lyoca! A sent. THIS CLOCK With alarm, and over $3700 in other prizes for a great publicity con test. Read Page 8, tbis paper. iMILLSTUFFS Bean, J2462S per ton; mid