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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Feb. 27, 1913)
17 THE MORSIXG-. OREGOSIAy, THURSDAY, FEBRUARY 27, 1913 PRICES ON UP GRADE Wheat Market Shows Ten dency to Advance. BROADENING OF DEMAND lliplier Range of Values and Great er Activity Expected In Coming Month Broomlioll's Review of International Situation. Wheat price wer quoted no higher yes terday, but the market u firmer all around. There la a distinct upward ten dency In values, and the coming month will, without doubt. ee a higher level of prices on all ysxletlea. The most strength Is shown by blustem. because of Its scarcity, but club, forty-fold and red wheat are aiao rery firmly held. Blaestem was quoted at S and Hti cents and clnb at CS cents, with rumors of sales at eTen bet ter figures. The country markets were strong with farmers either refusing to sell or asking mora than buyers would pay. Patent flour Is firmer, because of blue atem strength, and further advance In the grain may bring about a lift In flour. The Oriental flour demand Is light, as the buyers on the ether side appear to have enough flour for the present, but they can be counted on to com Into tns market lor fresh supplies later. The mlllfeed market 1 holding steady. Oats ar firm and unchanged. Local receipt. In ears, were reported by th Merchants Exchange a follows: Wheat. Ear. Flour. Oats. Hay. Monday W f l Tuesday .... 5 ,"? , Wednesday .. I Is 5 S-JnVdltiS.. ji MM 1137 1360 year ago ..10.76S 808 176 12J2 In hi current review of the grain trade Georg Broomhall give the results of a special investigation regarding the position of the .wheat trad la th United King dom. H point, out that th Importation of wheat and flour during th first flv months of the current season has been on an enormous scale, and yet stocks at the ports keep quit moderate, being estimated now at only some 1.70O.00O quarters, com pared with 1.600.000 quarters on August 1. The question arises: Ar th very large Importa actually being used, or are they Be ing stored up for future use? It seemed to be incredible that th enormous quantities were all going Into consumption In sedition to the English farmers- deliveries, which, although much smaller than those of a year aio. were stUI In the main eonrfder abie. The result of Mr. Broomhall a In quiry points unmistakably to the fact that the consumption of foreign wheat In th United Kingdom during the past five months has been on an unparalleled scale so that he is now quite satisfied that his Urge estimate of S9.000.O0O quarters as the requirements of the United Kingdom for the current season, made last September. Is likely to prove an under-eatimat rather than an over-estimate. If the situation elsewhere in western Europe Is anything like that In the British Hies It Is evident that the Import require ments of th world this season will b on a huge scale. Broomhall's expectation Is that the Importa of the current season In Fngjand aion will Jump up nearly 4.000. .00 quarters over last season's low level, and that th total quantity of fore.gn wheat (and flour) disposed of will exceed 86 000,000 quarters, or fully 1.000.000 quar ters over th prevloua high level touched in th season 1K09-10. POULTRY IS BRTXGIXO OOOD FKICES Eaedpta Ar Not Equal t Demand Egg Are Steady. A strong d-jnand existed for all kinds of poultry yesterday. Hens, large and small, sold readily at 1 cents, and broilers were taken at 22 cents, with the supply far under th demand. For ducks. IT 18 cents was obtainable, and th Chines would pay e.t whit birds. Cholc dressed zuui m " - - turkeys sold at IS cents. Dressed meats vers firm. n-h.m was no change In the egg market. Th heavy local consumption together with orders from outsiu points took celpts, and prices wen) fairly steady. CALIFORNIA VEGETABLES ABE SCABCE Heavy Rain Will Stop Shipments to North For Week. a ear of fin eolery was received yester day and quoted firm at $4.50. A car of lettuce and cauliflower 1 due' from Los Angeles today. No further shipments from southern California are expected tor a woe. owing to th heavy rains In that section. Tomatoes ar very firm. There were not many on the street yesterday, but a car is due from Mexico today. Portland Is the cheapest tomato market on the Coast now even Los Angeles quoting higher prices. Trading in the fruit market was quiet. Date of Vale Wool Sals Announced. VALE, Or., Feb. IS. (SpeciaL) The committee to select dates for the wool sales In Oregon this year, which waa ap pointed at the state meeting of the Wool growers' Association In Vale. January 3, reports that th first Vale sales will be held Jun 18 and th second about one week later. Vale Is one of the largest wool centers In the state. Last year over 1.500.000 pound were disposed of here, and th prospect is tbt more will be handled this year. Prices last year ranged from 13c to 15c The greater portion of the wool Is sold on con signment. Last year about half of the Vale sool was shipped to Hallowell, Jones & Donald, of Boston. Sale of New Era Hops. There was some Inquiry on the hop mar kot yesterday from English and American. sources, but not much business was closed. Th sales of the Bradtl crop of 42 bales at Mew Era was the only deal reported In Oregon. Operations In California were con fined to low-grade hops. Sole of Washington: Wool. A tew small lots of new-clip Washington wool have been sold In the past week, but th prices were not learned. Shearing will be general In that state by March 10. No business la passing in that atate. liauk Clearing. Bank clearings of the Northwestern cities yesterday arte as xo-.t.ws Olearturs. Balances. Portland .....$ l.MHi.377 $lt;;i.(2S Seattle "A 17,. :!:) 21:3.737 Tacoma d.(.o(ki lit.??: bpokan 715.404 tjj.old PORTLAND MARKETS. Grain. Flour, Feed, Etc WHEAT Track prlcea: Club. SGc. blue stem, atr6V4c: 40-fold. 8CiJS7c; red Rus slan. Mtb5c: valley. 87c. BARLEY Feed. $23.50 per ton; brw- Inc. nominal: rolled. z.vo 'a -'6. 00 per ton. CORN Whole. 2T; cracked. 28 per ton. FLOUR patents. $4. o per barrel stralxhts. $4.10; exports. $3.8303.95; val ley. $4.70; graham. $4.60; whole wheat. $4.60. MILLS TUFFS Bran. $21921.50 per ton: shorts, iif( .JO pe- ton; middlings, $34 per toia. HAY Timothy, choice, $13017; mixed Eastern Oregon timothy, $1012.50; oat and vetch. $12; alfalfa. $11. iO; clover. lt; straw. $soT. OATS No. 1 white. $270 27.50 per ton. Fruit and Vegetables. APPLES Spttxenberg. extra fancy. $1.23 1.50: choice. 75ctil- Yellow Newtown. mira fnev. Il.srt' 1. &0: choice. locerzi. ivinesap. extra fancy. . $1.25rl.50. Red Cheek Pippin, extra fancy. $1.25 f 1.75. Ar kuns-j Rijtck. extra ,'ancy. $1.7AtT2. Bald. win. extra fancy. 1 41.25; choice, 75ctftl Horn Beauty. $ 1.25 7 1.50. Ben Davis, etc, common Deck. 5141 ot-V. TROPICAL FRUITS Oranges, Navels, fi-ult 47.1fS.2: Florida grapefruit. $.1; lemons. 77.5o per box: pineapples. S.c per pound; tangerines. 2.J5 per box. VEGETABLES Artichokes, l.50 per 4oxen; cabbage, lc per p.Mixd; cauliflower. i2.S3 per crate; eelery. :!. 50 per crate; ceicumbers. 75c 6 2 per dozen; egg plant. 10c pound; bead lettuce. fl-M per crate; peppers, tie per pound; radishes. USc per doxen; rhubarb. 12.00 per box; sprouts. 10c: tomatoes, J! per box; garlic, off 6c per pound. SACK VEGETABLES Turnips, ROcOll per sack: parsnips. eocSU per sack; car rots, eoce il per sack. ON'IONS Oregon. l per sack. POTATOES Jobbing prices: Burbanas, 50c per hundred; sweet potatoes, 4c per pound. Dairy and Country Produce. POULTRY Hens. lc; broilers. 22c: turkeys, live. 18ft-20c; dressed, choice, 2jc; ducks. 17rlSc; geese. 1314e. EGGS Fresh locals, candled. 1319o per dozen: current receipts. l'WlSc CHEESE Oregon triplets, 17c; Young Americas, nominal. BUTTER Oregon creamery butter cubes, 37V-C per pound; prints. 39c per pound, PORK-Fancy, 1010c per pound. VEAL Fancy. 14gl4c per pound. Staple Groceries. SALMON Columbia, River. one-pound talis, $'25 per dozen: halt-pound flats, 1140. one-pound flats, J2.4S; Alaska pink, one-pound tails, 85c; sllversides. one-pound talis, J1.25. , HONEY Choice. S.25S.7S per ease. HL-TS walnuts, 18o per pound: Brazil nuts. I2V15c; filberts, 14 615c; almonds, 1S" peanuts, 33554c; cocoanuts, 80cl per dozen: chestnuts, lto per pound: hickory nuts. 8010c; pecans. 17c; pine, 1720o. BEANS Small white. 6.40c; large whit. 45c; Lima, 6c; pink, 4.70c; Mexican. oc; nayou. e.oc SUGAR Fruit and berry. 85.25: Honolulu plantation. 15.20: beet. 83.05: extra C. 84. .6; . v.--,-'- mi - rn hp, barrel. Ttowucrvu. , , 5.8l. . . . .. . COFFEE Roasted, in arums, 2t pound. . , SALT Granulated, $14 per ton; half ground 100s, $10 per ton: 50s. $10.75 per ton: dairy, $12.50 per ton. RICE So. 1 Japan. 535Uc; cheaper grades. 414c; Southern head. 6 854c DRIED FRUITS Apples. 10c per pound; apricots. 12 14c; peaches. 8311c; prunes. . . n . :i is., ti trm white and ftiaiiiujn, cw iw. --. -. . , ---. - black, 6HS"c; currants. Hc; raisins, loos Muscatel, Dtvinc; ulrLotu' i""""T r imo; unbleaced Sultanas, 8V4e; seeded. TVt'8Hc; dates. Persian, TV4c per pound: fard. $1.65 per box. i . aa A.ounc $1.65; 70 4-ounce. $2.50; SO 10-ounce. $2.25; loose, 50-pour.d boxes. "'"i""' boxes. $1.101.25: candled. $S per box. Provisions. . . - , nn-nAm tflU AtflUC 12 to 14 pounds. l854tJli4o; picnics. 12o: cot tage roil. 13c - BACON Fancy. Z.?zc: stanoaru. Ci!.v- Enallsh. 10 to 12 pounds, 21c; 12 to 14 pounds, 20c Mm in tierces, choice. lc: com pound. 9c. DRY SALT MEATS Hegniar soon vic, , n . , . T .' - hankl IIS tO 16 IbS 4415c; ahort clear backs. 18 to 25 lbz. 13H415c: exports. 14c BARRELED BEEF Extra mess beef, $14. mess beef. 113; plat beef. $20; rolled bone less beef. $30. TiitiRi.-i rn porttr Rest sic pork. $24; brisket plckied pork. $2325. nop. Wool and Hides. wops 1912 crop, prime and choice. 16 ISc per pound: 191S contracts, 14 150 per pound. PELTS Dry. 12913c; lambs, 23935c; full wool, $1.25 91.33. WOOL Early shorn, east or. mountains, 15 11 20c per pound. HIDES salted hides, 114 wi-s per pounu; tilted calf. 18S1SC-. salted kip. 12014c; green hides. 11c: dry hides, 21022c; dry calf So. 1. 23c: No. 2, 20c; salted bulls, 8c CASCARA Per sound. 4tta-c; car iota. r,c- .. . . GRAIN BAGS a44Bc, accoruing to un livery and terms of sale. linseed OH and Turpentine. UNSEED OIL Haw. barrels. 66c: boiled. barrels. 58c; raw, cases, 61c; boiled, cases, S3c. OIL MEAL Carloads, 837.S0 per ton; less than carloads, $40 per ton. . TURPENTINE Barrels. BlVjo: cases, B4c. GASOLINE Naphtha, In Iron barrels. lSo; In cases. 23c: motor gasoline. In Iron bar rels, 17c: cases, 24c; engine distillate. In Iron barrels. 8 14 c: in cases, utko. I IS TOP GRADE AGAIX SEXIIX-O AT $8.20. Day's Run Is Small and No Busings Is Transacted in Cattle or Sheep JMYisIons. The only business put through at the stockyards was In the pork division. Re ceipts were light and most of th supply came in late In the day. That th hog market is more than hold ing Its own was shown by the sal yes- terday for a load at SS.20. an advance of a nickel over Tuesday's price. Other loads of light hogs were taken at fS.16, and heavy stock brought $7.15. Reeelnts were 26 cattle and 708 hoes. Shippers were L. L. Miller, Nampa, 1 car of hogs; F. Harrington, taldwell, 2 cars of cattle and nogs; itosweu rark at rnm Association, Parma, 1 car of hogs; u. necker. Silverton. 1 car of hoss; L. E, Rlebv. Ashton, Idaho, 2 cars of hogs, and W. B. Kurts, St- Antnony, z cars oi cat tle and hogs. Th. dava sales were as follows: 0 hors 323 ,7.15 S6 hois 12 8.20 113 hogs 1ST 8.13 BO hogs B-1 94 hogs 1S3 8.15 The rang of prices at th yards was aa follows: Choice steers T.508.2S uood steers ................... i.wu i.ov Medium steers .do l.vv Choice cows - t.SOif 1.X Good cows 6.000 6.50 Medium cows .ou Choice calves .0U 9.00 i:ant ha.vv calves ............. o.50cc 7.5S Bulls a.50 6.V Hogs Light 7 .109 S.15 Heavy 4.50 7.10 Kh,,IW Yearling wethers . 5.00 6.15 Ewes 4.W16. 5.15 Lambs O.OOW 7.U0 Omaha Uventock Market. SOI-TH OMAHA. Neb.. Feb. 26. Cattli Rereints. 5O00: market.. lower. Native steers, ti.tOtfS.SO; cows and heifers, I3.O0&7.50; Western steers. ti.0t8.O0; Texas steers. $0.oo6-T5: range cows ana neiiers, It sr. rjilve. SUi3. Hogs Receipt 16.800; market lower. Heavy. l.OO-tf s.ta; ligat, sa.iinra.iii; pis". It.f04a 7.75; bulk ot sales, is.iuto.iu. Sheep Receipts. 15.000; market, steady Yearlings, so. Oft l. io; wetuers, 90.uvvo.ov lambs, tT.754T8.Go. Chicago Livestock Market. CHICAGO, Feb. 26. Cattle Receipts. 16.- 500: market, steady. Keeves. i.6ja.uv: Texas steers. 15.2096.00; Western steers, 11; -iiinT 7:.: Blockers and feeders. SA.15Q3)8.10: cows and belters, 13.25 &7.0U; calves. 176 10. no Hugs Receipts, 44.000; market, weak. Ulght, ..4fB.tilt; mixed, .t..'OU o.ou; n:vj JS.10ffS.50; rough. la.ll98.25; pigs. .5O0 s:ir,- hulk of sales. lS.35to8.50. Sheep Receipts. 2."V.ouO; market, easy. Na- ttve, ..i:ft&u.sl; western, ,.uivo.jv; year lines. 16.StiVs.00; lambs, native, 7.508.03 western, f7.ooias.lu. EXCESS SALARIES STAND Court Holds County Cannot Collect Overpayments to Officers. CENTRALIA. Wash, Feb. 26. Spe cial.) Hx-County Attorney J. R. Bux ton, ex-Slierlff H. W. Urquhart and ex County Superintendent W. D. Bay were included with ex-Clerk D. W. Montfort In the case decided by the State Su preme Court yesterday, wherein the court ruled that Lewis County legally could not collect excess salaries paid to the defendants while la office, the excesses being; due to a mistake of the County Commissioners tn raising the classification of the county. Ex-Auditor Swofford, ex-Coroner Sticklin and ex-Treasurer Bummorsett, three other officials, paid back the ex cess when the mistake was dlscov ered. The excess salaries amount to more than fSOO for each of the of flcials . - - nFfll INF IS HALTED Stock Market Reverses Its . Recent Course. MATERIAL. GAINS SCORED Cessation of Mqnidation of Sjieclal- tles and Inactive Railroad Se curities January Karnlng Statements Are Favorable. NEW YORK, Feb. 2d. The steady ... 1. I , ..rt u v anet the enne in siocks . , --- . . l- ....i.i n.nirivu unward. It maraei maue l .. .... - was one of the periodic upturns which have . . . i n .. t nl movement occurred aunug u I,,i of the last few weeks, marking a natural reaction, ana was i,ii.i...... T,;, " sentlal change in speculative condltlona Trartins grew quiet on the hlrher level. Kurone lent a hand In pulling up the market. Indications that the Harrlman dissolution plan would not be upset by the objections of the California Railroad Commission also exercised a strengthening influence. ... One of the most encouraging features of .... - . I .l.nilnnlnl tf IhA bull tne maxitei., irvm luo .u.uua.v.. trader, was the cessation of liquidation of specialities and inactive railroad stocks, such as has had an unsettling effect re cently. Many of these stocas maue larire gains today. Can common and preferred moved up rapidly on the belief that the airectors at imnwiun - - action toward paying off tha accumulated j a l nn4rn..nutl fOaan ta 1 I n - ther'a favorable ainual report waa reflected in tne airengin 01 iuo The BIOCivs were ujiuci virwuic, a tuno, in onnern racinc ioui-uiuh "c " low price for the movement, but later ral- Additional rauroaa siaieraenis xuc iui uary were received and the record of in creased earnings among the larger lines is unbroken. Union Pacillc reported $4tVO,000 gain in net and Southern Railway $118,000. Bonda showed an improving tendency. To- a-t i tiki Aiafk TTnltdvH lta,4 sl&lCB, Jtt,r V 4U uo, ),ui'V,u--'v. vu..v States bonds unchanged on call. 1AnAaar. Ktf T Wll HrtTl & ffl.. TAWiS a... 1 1 . n .. rKMln Closing RnlPt. High. ii'i s 85 36 12a ; 4U . 4! 6SVi 103 115 132 o5 J24 ion 100 looti,, 84 232 5, 73 H' 136 i JOS 27 37k 34 Loir. Bid Amil Copper 2a.S00 66 67 Am ueet augar. American Can.. 20,000 in nrefrrt?ii-. 1.500 m an 120 i 4S 4ois or lo3i 114ii 131 247 34X 123 1004 UtlTs tl'.-i 86 23 72H 13 132W 106(4 26' -S6Vi Sl 127 M 's.-iii 17 'A 23-j. i:; 34 125 122 16V4 novi 107 24 153 130?i 22 133 24 86 ',4 48 114 10314 io6'.'. 30 35 123 48 48 ti 103 119 131 248 35 124 1U1 ! 100 K8 232 7.1 13 133 108 27 37 33 26 129 400 35 17 26 137 35 125 122 16 67 107 24 154 132 22 133 25 88 no 1J2 117 105 29 106 77 115 25 36 119 110 155 24 22 100 Am Car & Fdy. 1,1100 Am Cotton Oil.. , 400 Am Smel & Ret 3,o0 do prrf erred. . li'0 American Sugar IHM Am Tel & Tel.. 200 Am Tnhrrn lUtd Anaconda ltOHi Al r.naBt tin. nun A T St Santa F tin rr-..r .--r,t 3,700 1.00O 1.60O Bait Ohio.... Canadian Fac.. lo'.lot Brook K 'Iran.. 1,700 C. & O 3.200 200 C &d W 500 i . ..... v C. M & St Paul J.e'JO Central Leather 2.100 Chlno 2.700 Col Fuel & Iron 1.100 Cnl KsnithArn ........ ..... Consol Uas .... 1.600 129 "4 r i. a. w X) & K i Pf .. 4O0 Distillers' Secur lOO 36 17 54 1374 3.14 120 V4 in 17 67 107 24 155 1S.' 23 133 hi 25 SS 48V 1144 io6!4 ..... 107 Erie 11.500 Gen Electric ... 700 Gt Korth Or.. aw It Mnpth II f S.40O 100 2.000 2,400 500 000 B.L'OO i,.vo 600 no 600 2,400 100 1.000 ""ebb 1 ijioo Illinois Central. interooro Alec Inter Harvester. K. u (.outnern.. Lehigh Valley.. I.ouls & Nash.. Mexican Central M, s Pa ss a Mo, Kan & Tex lln Taifin National Lead . fat ISCUlfc .... do preferred. . N V, Ont & Wes Norfolk west North America. x . . . . Northern Pao .. 10.000 .... .n iik O 1. 113 24 3 US 100 153 23 21 09 1.000 2H factnc man .. Pacific T-& T Pnnnavlvanla . 300 S.RO0 4O0 66,300 1.200 3.400 ,70O 37 110 110 155 24 22 100 People's Gas . Heading Republic S K n,- U 1 w I a n (1 . Southern Pac Southern rty .. ..mum jts ,r"J T.,q. OH ..... ..... Hi 2,000 25 24 25 47,200 155 152 155 do preferred.. United Rds S F 30O 400 84,300 2,200 2.500 57 25 62 108 61 8 60 107 61 86 61 it U S Steel do preferred.. Utah Copper . .. Wabash HT..Irn TTntnn 107 51 3 66 800 68 66 n r,. AQ1! H&V. Westing Elec. 69 esting r,ieu, w 7 Total sales for the day. 408,000. shares. of Trade building, Portland. An.aw Tal M, Tt pns 4S. . . . Bid. Asked. .104 105 ,. 96 .... .120 . U5 96 .100 101 . 86 S7 .101 101 94 i. 90 90 . 90 60 . ! 97 . 87 87 .100 100 ,. 99 100 . 94 ) . 94 94 . 07 98 . 94 95 . 94 95 77 . 86 86 . 62 63 . 92 93H ,. 87 87 . 96 97 . S5 86 .. 7S 79 . 81 84 ,. 88 ,. 87 96 , . 83 86 .. 67" 70 ,. 84 81 ,. 77 77 ,. 90 90 ..104 104 .. 96 97 ..105 106 92 . 97 97 ,. 89 90 ,. 93 95 ..101 102 83 ,. 96 U6 102 ..92 92 96 .. 77 77 ,. 74 75 .. 98 99 .. 92 93 .. .... 93 ..100 100 ..100 .... ..100 ..102 103 ..102 103 ..113 114 ..113 114 ' 74 . v 01 92 ea so- .. 97 98 American Tobacco 4s.. American Tobacco o nlUUUluil Kcuti.. . u ....... - Atchison conv 4s Atchison adj 48 stampea.. Atchison conv 5s i .i ..... i , l.ln, enntt 41 At Coast Line "L ft N coll" 4s Baltimore i onio as Baltimore ft Ohio 4s Brooklyn Rapid Transit 4s.... Can Southern first 5s Chesapeake & Ohio 4s. U li a V gen mis C B & J joint 43 C B Q His 4s C B t Q Denver 4s Central Pacific first 4s Chicago & East Ills 4s Chicago R I & P ref 4s....... Chicaxo R X & P Col trust 4s. Colorado & Southern first 4s. . Denver A. Rio Grande 4s Delaware ft Huason conv ss. . Erie first cons P L. 4s lnt Met 4S Japanese 4s Japanese iirisv - tb ........... . Japanese second 48 Louisville ft Nashville unl s. . Mo Kan ft Tex 4s Missouri Pacific 4s New York Central Ss New York Central L S 8s... New York Central 4s rew York City 4 o or JUOi . . . Norfolk ft Western 4s Norfolk ft Western conv ... New York Ont & W 4s Northern Pacific P L 4s Oregon Short Line 4s Oregon Ry ft Nav 4s... Penna Ry 4s of 1948 Philippine Railway 4s Reading general 4s Republic of Cuba 5s Southern pacific first ref s. .. ...., V, m Tim f f f nl 4s .... Southern Railway 4s L'nion Pacific first 4s s union nicino cu -o... L'nion Pacific ref 4s . United States Steel S F 6s... United States 2s registered... l"nlted States 2s coupon United States Ss registered... United States 3s coupon United States 4s registered... United States 4s coupon United Railway S F 4s v westinghouse conv us Western Paclflo 5s West Shor 4s Stocks at Boston. Boston. Feb. 28. Closing quotations: Allouex 84 IMohawk 47 Amalg Copper.. 67Nevada Coo .... 16 A Z L ft Sm... 79;Nlp!ssing Mines. 8 Arisona Com . 3orth Butte. 25 B&CCftSM. North Lake 2 a, ipt,nna . 60 lold Dominion.. 45 Cal ft Hecla 435 Osceola 86 cm, nan con Co 43 shannon 10 E Butt Cop M. 12 Superior 2 Franklin 5iSup ft Boa Mln.. 3 .i nti Tamarack .. 26Si C.ranbv Con . " 88 U S S R ft M. . . 38 Greene Cananea. 7) do preferred... 4S , r' , Qki.ii.d)i I nn . O 1 riursuo v-"h . ..... ... . ...... - Kerr Lake 3jUtah Copper Co. 61 . , - -144: wlnnna 2 I . M VJ l.vyrf o s m i.a salla Coooer 3;wolverIne 64 Money. Exchange Etc NEW YORK. Feb. 26. Money on call, steady, 8 par cent: ruling rate, ; clos ing bid, 2; offered at 2. Time loans stronger: SO and 0 days, 44 per cent; six months, 5. II 1 1 1 1 neniBiHiio I1 " l1 , - ' . .1 AAK-nA rtt-m Villi r-f 11 II 1 nnsl ness In bankers' bills at'$4.832S for to-day D1US. and at t.0tV lur ucutauu. Commercial bills $4.82. Bar silver 60 c , , I J.ll... 1 U 1 1. Government bonds steady, railroad bonds irregular. IONDOM. Feb. 26. Bar silver, easy, at 27 13-loa per oaaee; money, it, f ' I wtcr-V frr rate of discount In the open market for short bills, 5 per cent; do, three months' 60c. . . Mexican dollars, nominal. Drafts Sight, 3c; telegraph, sterling In London. 60 days. 14.83; do. sight, 14.87. Condition of the Treanry. T I -.1 Dn TWIRUTT &t the DC IT Inll 111 If of business today was: ,,, ... worains; oaianue ........ iS'SSi ofi in Danu ana. t-"'"i'i""' i.viu-fM Total of general fund 1 o'Joi iin Reeerpts yesterday Tr-in'nVa Disbursements - vS The surplus tnts nscui er is as against a ii-n v . . The figures for receipts, disbursements, t n ranal mrtA nllhlln debt etc.. exciuue . transactions. 8A3f FRANCISCO PBODCCE MARKET Prices Quoted at the Bay City for' Vege table. Fruits, ftc . civ tt? ATcrisiiri Feb. 26. The follow ing produce prices -were current her today: Fruit Apples, choice. SOc; common. vf.xtenn limes, nominal: California lemons choice. J7.00.; common, $4.00; navel oranges, $1.2i3; pineapples, l.0a'2-5- Cheese loung Amotivo, .uit1-'". Butter Fancy creamery, 33c; seconds, &2c - Eggs Store, lc ; rancy rancn, j.c ...... v. t-l9' wheat an oata ;il.5023; alfalfa. tl2.5015.50; barley. 1S IS. . ti.,-t,anv. -7f. QOv- ca- Unas Burbanks.. Jie'1.25: sweets, $1.85. . . . r- mi..,, -i 9ri - sreen vegemuivB - v ... ... . ' peas. 25 0 3Oc: string beans, 2,.c; tomatoes. 3560c: eggplant, 2025c; onions, 6075c. Receipts Flour, avia qi", 7.502 centals: potatoes, 2S20 sacks; hay. 377 tona. Metal Markets. ....... r. . - t . no Jnnner BteadV. Bpot and February. 14c bid; March, April and May. 14 ffl 14.00c: electrolytic, 15c; lake, 15.25c; castings, 14.75c. Tin. steady. Spot and Febrnary, 47.50 f 4Sc- March, 47.45lg47.75c; April. 46.909 47.25c. Lead, stead, 4.2aQr4.3ac Spelter, quiet. o.l5(S 6.2dC. .. , Antimony, dull. Cookson's, 9.259.4(K. Iron, steady, unsettled. . ' i.,ni rl tnnm KxOOrtS t II IS tyOl'licr ui'i'.'Ji " . " ' " .i. ni nrT t jiniinn conDer steady. Hpot, f64; futures, f64 2a Od. Local exchange cales tin 2 tons. i.ouaon lih - , p.,,,, K .. nnn loart tin 7 i.li ; luiures, iiw wo. nuu, - - od. London spelter, 25. Iron, Cleveland war rants, 60s ld in London, Kew York Cotton Market. .nnY- OH fnltAn Snot closed quiet. Middling uplands, 12.60; do, gulf. 12:85. No sales. , . net 7 points lower to 1 points - mnn.ha Tllnfl rlAtlVelV iiiRiici, -""-i. ,o ,U. easy. -February, iz.ib; aamii, 1Ite. Tun 1201- -TulV 12.00; August, 11.BV, Dliiciuuoij tooer, ii.ui , iicv.tinut,, - , 11.53. tow ADrtiva Vah OA. Snflt cotton firm. c up. Middling.' 12c, Sales, 1170 bales. r.fft and Kturar. HKW KJtUk, 1 ' ' ' " f f opened oareiy ""J iir,M.;ion 10 to SO points unuer -. - ' , . i onnntn that of- ann aisappuiui.iiiB "1J"-- '""-7 r Dil . 1 . a . v. . . .1 u higher and lers irora xriii ,. scattered covering caused an afternoon rally , .. - .. a, a not itr fnn nf ana tne ciuso w . . , " ' " ; ' . 9 to 1 roints 'J,", Marcn, az-iic; npin. ;s-2fr June. 12.43c: July, 12.4c; August, 12.65c, tepiemoer. T.. '9I3tk r' ...... ni. T toiii-. Rntitni 4. 14VC CIIUl UUICt. iw 1 " -0 - -. ..7. rt t H1T.. nnmlnnl M I i'i auii. "i . Raw sugar steady. Muscovado, t test, 8.01c; centrifugal. 06 test, 3.SI0; molasses. bv test, ?.uc; reinieu Hunuj. Chicago Dairy Prodnc. v CHICAGO. Feb. 26. Butter, steady. Creameries, 2735c. rcf. R.rlnta 7.105 eases: at StSTX, cases Included, 1718c; nrsts,190. Cheese easy, imisies, jiitfii-Mv. iwiu", lAb&lGUc: Youre Americas, 1717c; long horns, 175'17c Naval Stores. - miiivMiH riA. Feb. 26. Turpentine firm 42", c. Sales, 86: receipts, 165; ship : . ... ig t'.Kn meULS. OO", S lUVlVB, Rosin Firm. isaies. r.ceiiii. ov, hlpmnnts, 900; stocks. 122,500. A. B. . , , . r. A4n. fct ft4'-u.: F SO. 45: OVSO-OO; H. $0.60: I, '$.75; K. 7; M. $7.20; N, $7.25; WO, $7.35; WW, 87.50. rhiluth Unseed Market. t.t.. . . t i t t.. ,. i. oc rtngtncr. Unseed. $1.301.30; May. $1.81; July, $1.33. Dried' vruit at New Torlt. ' ........ vnnrr ..l no l.'..nnnro lnt nnnlPS i r. VV ivnn. r --.'. .v. r . quieu rruiics hobuj. , ............ j Hops at New Torlt. NEW YORK, Feb. 26. Hops quiet. REDMOND FOLK REJOICE Passing of Bill to Aid Colomlia Southern Project Is Causo T? RTiMOND. Or.. Feb. 26. (Special.) The receipt yesterday of word from Salem that the bill providing state aia fnr- tha Columbia Southern irrigation project on the west side of the nosrhiitM River. opposite Redmond, had passed the Senate and probably would be a law soon, was tne signal for enthusiastic reloicing and a big polish rat Inn bv the citizens and farmers n v, anriinnTiHing1 tprritorv. In the evening a monster nun tire woa lighted qf the top of Cline Buttes, four mlios to the west of here, and kept burning rar into me nignt. A loro-a n,irtlnn nf ttlO f'nl 11 TTlhl H SOllth- ern project,, which includes some of the choicest land in tne entire xteamuiiu district, has been withheld from settle ment for the past seven years, owiue to the lack of sufficient funds. A prevision of the bill which allows ontiiar tun vpfLra' use of the land and water before it is necessary for him to pay any 01 tne principal w ma investment will make this a boon to the man of limited means. PRACTICAL WORK PLANNED Hood River Boy Scouts Will Beau tiry Park ThU Summer. irrwir vtrw.Tf Or "EVri. 26. fSne cial.) The Boy Scouts of Hood River will become practical roaa-Duuaers I." A H.,.le last nlcht MRkod thlt CO- operation of 'the City Council in an ef fnn Kaiitiftr F.lint Park, lvins: in the Indian Creek canyon, south of the city, but which has been Inaccessible because or lacK or roaas lenums m it. The proposal has been accepted by the Council, which instructed the park committee ana uty .cngiuec. w . oict in .vprv wav nossible. fUn Irnnl nf land H 1 DTI C Indian Creek was donated to the city two ........ Kv n. T Kliot. of Port land, It is proposed that a public dedication De neia wnen mo uuya yito completed the improvement of the onrl that TJr. Eliot be invited to the city on that day as the guest of honor. MAN CONFESSES TO FRAUD Astoria Prisoner, Withdrawing Plea of "ot Guilty, Sentenced. ASTORIA. Or., Feb. 26. (Special.) Clarence C. Campbell. ana3 uranaeii. who was indicted by the grand Jury on a charge of obtaining money under false pretenses, today withdrew his former plea and pleaded guilty to the charge in the District Court. He was sentenced to an indeterminate term of from one to seven years in tne peni tpntiarr. B. T. Berg, who was taken to Salem last night to serve an indeterminate tnrm of from two to 20 years for for gery, may not serve his full sentence before being deported. The man, who Ih 20 vears of age. Is a native of Fin land and has been in this country only 11 months. This fact will De reported to the Federal authorities, who are ex pected to order him sent back to Fin land, l I ssbjj m sjsbk sk ajsjv sbbbjj A f MA I Ml -SU1S UUIt Foreign Business Gives Wheat Upturn at Chicago. LAST PRICES ARE HALF UP Argentine Crop Estimates Reduced 15,000,000 Bnshels India'9 Yield Is fnder Average Scar 'clty Milling Grades Abroad. ,tirf.i.n v.ii f6 Wheat today showed considerable strength, an outcome largely of rumors that export salea had been made from Omaha and Dtiluth. The close, though easy, was o to c np. Corn ,1.1.1,-t or nut Advance of 4i to lo. oats with a gain of to c and pro visions unchanged to zc nigner. Firm cables gave wneut oency iruui dmw - ... ments were reduced 15.000,000 bushels be cause of tne disappointing ni""" r i threshers, tli- yield for India was declared . . . , ......... n n,l lhara VMM to ne unaer mo - dispatches telling of scarcity oi mining grades in Dom xvubbi. Additional snow j,u...us . . -. . . . iifi-,.. h..t hMlt In almost Ltnitea ..mi" s n mi perfect condition and almost precluding any serious crop scare the present season, failed to stop the upturn In th market. The slight reaction at the close, however, came through assertions In some quarters that the . . . . , . .AiA .nniH tint h confirmed. LTUIULll ,'V'l 1 - rrimary receipts ui wumi " " j " were 1,577,000 bushels, against lat.uw a uaai. ao-n- rlPAranCGS OI WIIGH ttllU uuui equalled 94S.O0O bushels. Aggressive support, uj ico-ui"b "u" the corn maritet w uuiBe. " ' " by the unsettled weather which threatened to lntenere wiui wtveuu crease iwwiuh. , Oats worked higher with corn, although III 1 1.1 . Ul 1 11 15 11 il J " - . l,...), ...... ,n lar.n va. lit prOVlBlUllB M. iiiuo" " ' celpts of hogs disappeared under the In fluence OX grain airengm aiiu iuu ui.b sion demand. The leading futures ranged as iouows; WHEAT. Open. High. Low. Close. Mir S .3 1 .83 $ .93 1 .9.1 'A July 91 .91 .91 .90 Sept. an ' .fu-js -vs CORN'. . Hfnv 52 .BS .62 .53 U July 83 .64 .53 .64 .55 Sept. 01 i .out .-7s OATS. May S4 .34 .84 .84 .34 ,34 .34 34 July ...... .34 .35 Sept. MESS PORK. w i.tc toon iti 71 u lg.sn July ......lv.iu .ii i.wtfw , 73 LARD. May 10.60 ' 10.67 10.60 10.65 July 10.62 10.67 10.62 10.67 Sept. lu.va iv.ta itt-iu 10.1 SHORT RIBS. May 10.45 10.E5 10.45 July 10.60 10.65 10.47 10.52 10.52 Sept iu.du iu.du m.oi 10.60 t;asn prices: . . x o cm fflKAU., An white. V. II I 11, f . vvu.uv73u, " " - BUfcC; OO yellow, outy'Oit;, nu. o, 7 w 47 49c; No. 4. 454Sc; do white, 47 rtye o. i, nc Barley 47 70o. Timothy J2. 76 ? 3.50. Clover-lZlgilS.oO; Pueet Sound Grain Markets. Tirnvi weY,. 26. Wheat Bluestem. 95c; fortyfold, 87c; ciuo,.87c; rea Htissmu, 84c. . . . Car receipts, wneat 53; Dsriey o, oai , nay 10. aitATTT.i! u-eh. "6. Wheat Bluestem, 96c; fortyfold, 86c; club, 85c; Fife, 85c; T-rl T7iittsian. M.ti-a. yesterday's car receipts Wheat 25, oats 6, barley , corn 1, nay 20, nour . r.iwfni In Ran Francisco. SAK FRANCISCO, Feb. 26. Spot quota tions: Walla Walla. 1.651.57; red Rus- . . , . 1 ntfHi Slan, 1X.QAfr QI l.ou, juitvey x4. 1.1; oiuestem, 51.1111.1.71, iu n-. ley. $1.30(B1.32; brewing, J1.35 1.37 : Lui. . 7. .tai'zi A71L. KMn till rtTlOa.Klli Willie wtia, w - . " . ... 1 , i , , . . , middlings. $30 SI; shorts, S25 25.50. can DoarQ saies. n ui riwu, u lng. Barley Easy; December, $1.28 Did, fi.Mf OJni", ....... . y . Minneapolis Grain Market. MINNEAPOLIS, Feb. 26. Close; Wheat. May. SSc; July, 900c; September, 90 (ffi90c. Cash. No. 1 hard. 8Sc; No. 1 Northern, R75i lassie: No. 2 Northern. 8586o; No. 2 hard Montana, 8Sc; No. 8 wheat, 6384e. Bran 17.5018. Flax 41-S0. Barley 12 3Sc. European Grain Markets. LONDON, Feb. 26. Cargoes on passage, better Inquiry. English country markets, quiet; French COUULry iiihuvcm,, w... LTVERPOOI.. Feb. 26. Wheat Spot. steady. Futures quiet. March 7s t; may r. j.l. l.ilv 7 a it 4- ri. ' Wool as St. Louis rt tj-ittts Teii. 26. Wool, steady. Ter ritory and Western mediums 21Sb 20c". line mediums, iswxuc; nne, lowiic DAILY CITY STATISTICS Marrifice Wcenses. WILUT-STEPHENSON Karl W. Wllllt, , . n, a fitantianatin. 1 ft. GIFFORD-KENSINOER D. Gorden Gtf toril city. 21, and Matilda Kenslnger, 19. EYE3TONB-BEJlG Harry E. Kyestone, city, leal. and Olga Berg, legal. der. Rainier, Or., 27, and Athleea Hutcnin- '"eLBON-TUCKER Leo Elbon, cityi 21 BERNHAGEN-GUMMER Albert BernBa- gen. Junction City, Wis., 30. and Mae Hum CLARK-SMICK Charles Clark. Baker, Or., 2-V and Amelia Smick, 21. L.TJNDGKEN-SELLGREN Oscar laind "eren. city. 24. and Ottalla Sellgren, 24. BALDWIN-F1ES Ralph H. Baldwin, cltv. 30. and Olivine Fles, 25. EIDE-ISLAND Oler Ide. city, 25. and Inga Island. 24. aCOTT-HYDE A. M. Scott, Corvallls. Or., 19. and Gertrude L. Hyde, legal. M ASSET-BENNETT Elbert W. Massey, Vancouver Barracks. Wash., 21, and Grade Elizabeth Bennett, 23. Births. BURTON At 489 Washington street, February 23, to the wife of William Earl Burton, a daughter. GREEN At 629 East Twenty-fourth street North, February 23. to the wife of Floyd S. Green, of Oak Grove, Or., a daugn- C ARNOLD At 641 East Fifteenth street. February IS, to the wife of Edward V. Arnold a so.i. KANE At 544 East Forty-sixth street, February 15, to the wife of Frank J. Kane. ANDERSON At 796 East Thirty-third street. February 13, to the wife of Adolpn Anderson, a daughter. TRACHOEL At 2S East Thirtieth street, February 22, to the wife of Jacob Trachoel. a daughter. . , GOODRICH At 1591 Chautauqua Boule vard. February 9, to the wife of Roswell C. Goodrich, a son. ... URQUHART At 1122 East Grant street, January 30. to the wife of William J. Ur quhart, a son. BRADY At 643 Second street, February 18. to the wife of Lawrence Brady, a daughter. , ABE At 63 North Tenth street, February 17. to the wife ot Asaturo Abe, a son. GARDNER At Madison Park Apart ments. February 21. to the wife of Karl I Gardner." a daughter. ' HARRIS At 626 Tolman street. February 14 to the wife of Samuel F. Harris, a son. SEARLE At 56 East Elghty-seventn street. February 23, to the wife of Archie N. Searle. a son. at Vis"6 fr A. e4"' INCORPORATED t, CONSULTING and CONSTRUCTION ENCINEER8 PUBLIC 6ERVICE PROPERTIES FINANCED and MANACED SO Pino Street New York V.T - I Convenience and Accessibility words are important in present day efficiency. This bank is most conveniently situated in the very heart of Portland's business dis trict. It invites your account.. First National Bank Capital$l,500,000 Surplus 900,000 Oldest National Bank West of the Rocky Mountains ' LADD &TILTON BANK Established 1859. Capital Stock ''ffinnnJ Surplus and Undivided Profits 1,000,000.00 Commercial and Savings Accounts Letters of credit, drafts and travelers' checks issued, availabla in all parts of the world. OFFICERS. W. M. Ladd, President. , 'J?rTtJ ?:F .YAh8!.,0"19 Kdward CookineTham, Vlce-Preft W Ladd Asst .Cash ler. W. H. Cunckley. Cashier. Walter M. Cook. Asst. Cashier. THE BANK OF PERSONAL SERVICE To have all the safeguards of the National Bank ing System thrown around your savings inspires a confidence that nothing else can do. "We pay 4 per cent interest on Savings Deposits. MERCHANTS NATIQNAL BANK Under Government Supervision. Founded 1886. Washington and Fourth Streets. New THE WHITE STAR LINE'S FITTED WITDI DOUBLE SIDES AND ADDITIONAL WATERTIGHT BULKHEADS EXTENDING FE0JI THE BOTTOM to the TOP OP THE VESSEL Will Sail from NEW YORK AMERICAN LINE N. Y.-Plymouth Cherbourg -Southampton Atlantic Transport Line New York London Direct RED STAR LINE N. Y.DoTer Antwerp A B DISNEY, PASS. AGT., (119 SECOND Or Local Railway and The quick climatic changes that characterize this section are a hard test on paving materials which prove the superiority of Bitulithic. ESTABLISHED 1894 fork $acort & Pavts , Engineers ACT AS CONSULTING ENGINEERS CONSTRUCTING ENGINEERS OPERATING MANAGERS APPRAISERS PROPERTIES FINANCED . SS SECOND ST., SAN FRANCISCO JvMK NEW ORLEANS J.CWILSON&CO. STOCKS, BONDS, GRAIN AND COTTON MEMBERS KEW YORK 8TOCK EXCHANGE. NEW YORK COTTON EXC HANGE. CHICAGO BOARD OF TRADE, THE STOCK AND BOND EXCHANGE, SAN rBANClSCO. PORTLAND OFFICE: Lewis Building, 269 Oak Street. Phones Marshall 4120, A 4187 These two LUMBERMENS NATIONAL BANK Corner Fifth and Stark Resources 6 Millions "OLYMPIC" A 1 IH BI O And Regularly April IZ" May Thereafter WHITE STAR LIINL New York Queensiown Liverpool N. Y.Plymoulb-Cherbourg--SoDlha3iptaa MEDITERRANEAN CRUISES Boston Mediterranean Italy Canoplo MrchI? Cretlo April S AVE., MAIN" FI,OOB. REAR. SEATTLE. Steamship Agents. TRAVELERS' GLIDE. EXPRESS STEAMERS FOR Sun lYHiH'isro and Los Angeles WITHOUT CHANGE 8. S. KANSAS CITY Sails 4 P. M. March I. S. S. BEAR Sails 4 P. M., Malrh 7. THE SAN I'K.VNt'lWCO & PORTLAND S. 8. CO.. Ticket Office .14 and Wa-Ulngton (witli O.-W. R. N. Co.) Phone Marshall 400. A 1L COOS BAY LINE STEAMER BREAKWATER sails from Alnsworth Dock, Portland, at 3 A. M., December 8, and thereaftar every Tuesday evening at 8 P. M. Krieght re ceived dally except Tuesday up to 6 P. M., Tuesdays up to X P. M. Passenger fares: First-class, $10; second-class, S7. Including berths and meals. Ticket office at Alns worth Dock. The Portland Coos Bay SS. Line, I. 11. Keating, Agent. San Francisco, Los Angeles and San Diego Direct S. S. Roanoke and S. S. Elder. Sail Every Wedneady Alternately at 6 P. M. NORTH PACIFIC S. S. CO. 123 A Third St. Phones Main 1314, A 1314. AUSTRALIA AND NEW ZEALAND (.Union Line of N. Z. Sydney, via Tahiti and WellinBton. Line of direct through stoamers sailing from San Francisco March 6, April - and every 2S days. THE LINE TO ISLES OF THE SOUTH SEAS. For reservations, seo local agents or address HIND. KOLl'H CO., Gen. Acts.. 871) Market street, San Francisco, CaL LOS ANGELES AND SAN DIEGO STEAMSHIPS YALE AND HARVARD Railroad or any steamer to San Francisco, the Expo City. Largest, fastest and the ONLY strictly first-class passenger ships on the Coast. Average speed 2$ miles per hour; cost $2,000,000 each. SAN i'RANCISCO, PORTLAND X. A. S. S. CO., Main 26. Frank Bollam, Agent. A 43ul 1X4 Third Street. zs lacy sjsb J Swsssifqi J And All rgcnnni . ..r- TOn.SVSS SZrVZZSZ hS4s. IT DAY9 TO AJE.nOj BTO!J0S ATRE? Tor rates, eio., apply local ticket Aenta,er UliKK to DANlKLS.Oeneral Asmu,