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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (March 6, 1913)
THE MORNLMO OKISOOAIAN, TULKbDAY, MAiiOII , 1913. 1 APPLE SALES LARGE Trade on Front Street, Is Heaviest of Season. BUYERS WANT CHEAP FRUIT Bulk of Stock Disposed Of Will Be Itetailett at $1 Small Inqnlry for Higher-Priced Apples Oranges Are Firm. The effect of the apple selling campaign, Mch will be Inaugurated today, was aeen on Front street yesterday In a material In crease In the movement of the fruit. For several days apples have been going to the retail trade In good Quantities, but yes terday the volume of the business was heavy. The total sales of the day prob ably exceeded those of any week; heretofore this season. The demand was mainly for the cheaper grades of fruit, such as could be sold at retail around fl. Theso grades of apples were taken In quantities at 75 to 85 . cents. There was a fair Inquiry for fruit up to Si, but not much call for higher priced stock. ' Front-street dealers have been enabled to mahe a good clearance of cheap apples, but they toe Hove that ample stocks are still available In the country, and they do not look for much change in price during the remainder of the season. Oranges were more or less neglected yes terday, but the supply on hand was not large and the market was firm In sympathy with the strength of the California mar kets. There was a steady demand for bananas, five cars of which are due today. Among the vegetable arrivals was a ship ment of cucumbers from Illinois, which were quoted at $2.50 a dozen. California cucum bers were sold at $2. Lettuce and good celery were scarce, but a car of celery and a car of lettuce and mixed vegetables are due from Los Angeles today. OREGON MOHAIR PRICES UNCERTAIN Firm Conditions Prevail In the Ens and Abroad. Dealers are beginning to show interest in fhe mohair market, which Is about to open. There is no definite Idea yet as to what the first prices will be, but in the Bast and sbroad the feeling is one of firmness. The Host on Commercial Bulletin says of the market : "Locally, demand for mohair Is fairly good, but supplies of domestic are very veil sold up and stocks of foreign in deal ere hands are not heavy. Prices are read ily maintained on a very firm basis as pre viously reported. "The Improvement recently noted in the Kngllsh market continues without abate ment at firm rates. The turnover, both In Turkey and Cape has been moderately good and Is said to be due to the demand for rov Ings from the Continent and for raw mate rials for America. "Advices from the Cape show no partic ular change, the market, except for Winter kids' hair, being well cleaned up. At Conntontlnopl some further lots are re ported sold, but the business Is of more modest proportions than recently." Boston quotations: Best combing, 86 37c; p nod com blng, 33 jjp 3.1c ; ordinary combing, " I W32o; carding. 25027c: foreign. Cape. Jst, 44c; Turkey, fair average, 51 53c DEMAND FOR POULTRY IS SLOWER Dealers Not Disposed let to Shade Prices Eggs Are Steady. The demand for poultry was not as keen yesterday as it has been recently, but re ceipts were not heavy, and dealers were not dteposed to shade prices. - Should buyers hold off for a day or two longer, however, they may get chickens down to 15 cents, but a reaction will probably follow. The pros pects are for a firm market for the next few weeks. Dressed meats were quoted firm. There was no change In the egg situa tion. Stocks are kept fairly well cleared at steady prices. The general quotation was 1"H cents, case count, with a few dealers quoting 18 cents. Candled stock was quoted at the usual premium of 1 cent, but the demand was mainly for current receipts. The butter and cheese markets were un changed. WHEAT IS QUIET AND UNCHANGED farmers Not Offering and Speculators Want VuU Prices. The local wheat market was quiet and un changed yesterday, and no new developments were reported from the north. It is prac tically impossible to buy wheat at the pres ent time from farmers. The only offerings are' by speculators, and they want full cur rent quotations. Local receipts, in car were reported by the Merchants Exchange as follows: Wheat. Barley. Flour. Oats. Hay. Monday 325 . 20 19 20 35 Tuesday 87 . 3 4 C Wednesday -. 40-"- 7 7 Year ago 38 2 6 2 Season to date H&7 1743 1615 MRS 1440 Year ago 1110:! lt 1S01 1303 31SS Offers for Growers Hops. There was a moderate inquiry for hops on the local market yesterday, and offers were made to growers in the Silver ton sec tion, but so far as could be learned no deals were closed. There is a fair inquiry for contracts at firm but unchanged prices. Bank Clearings. Hank clearings of the Northwestern cities yesterday were as follows: Clearings. Balances, Tortland S5u3.lH4 2;iS,108 Seattle 2,157.5 4lM0 1 aroma 550. I'll 7,5tg pokSU . 70tf.5uT 73,411 PORTLAND MARKETS. Grain. Flour, Feed, Etc. WHEAT Track prices: Club. 86 87c; bluestem, 99c; 40 -fold, bSc; red Russian, 85 5Vic; valley, 88c. liAKLKY -Keed. nominal; brewing, nom inal; rolled, tio.oO ti :.Sti.oO per ton. CORN Whole. 17; cracked, $28 per ton. FLOUR Patents, $4.70 per barrel; stralshta, X4.1U; exports, X&.S5&3.DG; val-li-y, $4.70; graham. $4.60; whole wheat. $4 60. MILLSTUFFS Bran. $21 21.5 per ton; Miorts. K'MilX'.OG per ton; middlings, $30 per ton. HAY Eastern Oregon timothy, choice, $13 ft 17; mixed. $10 $12.50; oat and vetch, $1; alfalfa, 111.50; clover, $10; straw. J67. UATS NO. 1 white. Si'TffSa. Fruit and Vegetables. ArPLES Spitzenberg. extra fancy, $1.25 Gl.C0; cdoice. 75c $1. Yellow Newtown, extra fancy. $1.-5 ni 1.50; choice. 75c $1. W inesap, ex tra fa ucy , 1 1. ii& ? 1 . 30. Red Cheek Pippin, extra fancy, $1.3591.50; Ar kansas Buck, extra fancy, 3 1.76 4 A. Bald win, extra fancy, 1.J3; choice. TGc$l. Rome Beauty, $1.3 1.60 ; small sixes, all varieties, less; Ben Davis, eta, common pack. 5i(f60c TROPICAL FRUITS Oranges. Navels, $2.5o 4 ; Florida, $4.60; California grape fruit. $2.75 n 3.25; FioriCa grapefruit. $3; lemons. 17 jj 7.60 per box; pineapples, 0&7c per pound ; tangerines, $2.25 per box. VEGETABLES Artichokes, $1.60 per dozen; asparagus, 2oc pound; cabbages. 19 J4c per pound; cauliflower, $U per crate; celery, $2..Ur4 pr crate; cucumbers, $2$ $2.5o per dosen; egcplant, 35c pound: head lettuce, $2.tt per orate; peppers, 30c per pound; radishes. Vc per dosen: rhubarb, 12H?14c Pr pound: sprouts, 10c; toma toes. 12 per box: garlic, o$o per pound. ' SACK VEGETABLES Turnips, ftOc0l per sack: parsnips. 0cG$l per sack; car roiV 90ctf$l per sack. ONIONS Oregon. 31 per sack. POTATOES Bur ban ka. o0c per hundred; sweet potatoes. 4c per pound. POTATOES Jobbing prices: B urban ka 50c per hundred; sweet potatoes, 4c per pound. Dairy and Country Prod ace. POULTRY Hens. lGc; broilers, 2254c; turkeys, live, 18$20c; dressed, choice, 240 25c: ducks. 17c: geese, nominal. EGGS Fresh locals, candled, 19c per dozen, current receipts. lifefjl&c CHEESJ3 Oregon triplets, 17c; Young Americas, nominal. BUTTER Oregon creamery butter cubes; 87 tc per pound; prints, Z9C per pouna. FORK Fancy. lOeilo per pound. VEAL Fancy. 14 fr!5c per pound. Staple SALMON Columbia River, one-pound tails, $2.25 per dozen : half-pound flats, 31.40, one-pound flats, $2.45; Alaska pink, one-pound talis, S6c; sliversides, one-pound tans, si.za. hhvpv rtiolre. S3.25SS.7S ver ease. NUTS Walnuts, 18c per pound; Brazil nuts, 12 15c; filberts, 14 & 15c; almonds. 18c; pea nuts. 506fec; cocoanuts, 90c $1 per dozen; cnestnuts. nc per pouaa; oicmrj, nuts, 8 10c: pecans. 17c; pine, 17HrOc. BEANS Small whit's. 6.40c: large white, 45c; Lima, 6c; pink, 4.70c; Mexican, 5c: bayou. 4.65c SUGAR Fruit and berry, $5.25; Honolulsj plants Uon, ss.zu; neec so.ua: extra x.t powdered, barrels, $5.50; cubes, barrels, $5.60. COFFEE Roasted. In drums, 24O40e per pound. SALT Granulated, $14 per ton; half ground 100s, $10 per ton; 50s. $10.75 per ton; dairy. $12.50 per ton. RICE No. 1 Japan, 5GVic; cheaper graces, ic; soutnern neaa. &oe. DRIED FRUITS Apples, 10c per pound; apricots. 12 & 14c; peaches. 8 0 1 1c: prraea. Italians. Sluc, silver, 18c ; figs, white and Mac. fl4T7c; currants, c; raisins. loose Muscatel, 64407tc; bleached, Thompson, llVic; unbleaced Sultanas, 8c; seeded, 8tc: dates. Persian, 7Ho per pound; fard. $1.65 per box. FIGS Twelve 10-ounce, 85o; 60 S-ouncs, $1.85; 70 4-ounce, $2.50; 30 10-ounce. $2.25; loose, 50-pound boxes, 649?o; Smyrna, boxes, $1.10L25; candled, $3 per box Provisions. HAMS 10 to 12 pounds. l8Clo; IS to 14 pounds, lSKe-lSfcc; picnics, 12c; cot tage roll. 13c BACON Fancy. 27 28c; standard, 13 023c; English, 10 to 12 pounds, 21c; 12 to 14 pounds, 200. Lard In tierces, choice, - lfce; com pound, 8 He DRY SALT MEATS Regular short clears, 13&14fec; short clear backs, 12 to 16 Ib&, 14H015c; short clear backs, IS to 25 lbs, 13fe&15c; exports, 14c BARRELED BEEF Extra mess beef, $14; mess beef, $13; plate beef, $20; rolled bona less Deer, $30. BARRELED FORE Best pig pork, $24; brisket pickled pork. $23 0 25. Hope, Wool and Hides. HOPS 1912 crop, prime and choice, 160 18c per pound: 1013 contracts, 15o per pound. PELTS Dry, 12013c; lambs, 25035c; lull wool, $1.25 & 1.35. WOOL Early shorn, east of mountains. 15(&'20c per pound. muma Baited maes, ll0l2s per pouna; salted calf, 16018c; salted kip. 12014c; green hides, 11c; dry hides, 21 Q 22c; dry calf No. 1, 25c; No. 2, 20c; salted bulls. So. CASCARA Per pound, 45c GRAIN BAGS Portland, buyers July. 10c - Linseed Oil and Turpentine, LINSEED OIL Raw, barrels, 56c; boiled, barrels, 58c; raw, cases, 61c; boiled, cases, 63c OIL MEAL Carloads, $37.50 per ton; less than carloads, $40 per tdn. . TURPENTINE: Barrels. 61o; cases. 64c. QASOLINE Naphtha, in Iron barrels, 16c; In cases, 23o; motor gasoline. In iron bar rels, 17c; cases, 24c; engine distillate, in Iron barrels, 8Hc; In cases, lSc HOGS ID LAMBS DP BOTH LIXES TEX CENTS HIGHER AT STOCKYARD S , Cattle Market Is Steady and Un changed Tay8 Receipts Ave Unusually Light. Only two cars of hogs and sheep were on the market yesterday. Trading was, there fore, of very small proportions, but It was enough to show the strength of the mar ket. Two bunches of good hogs, one averag ing 130 and the other 164 pounds, were sold at $8.60, an advance of a dime over Tues day's quotations. A few heavy hogs sold at $7.60. There was also a lift of 10 cents in the price of lambs. A load of 102 head, aver aging 78 pounds, sold at $7.25. Receipts were 175 hogs and 102 sheep. Shippers were C F. White, of Wood burn, one car of hogs, and Robert McCrow, of Goldendale, one car of sheep. The day's sales were as follows: Weight. Price. 80 hogs 130 $3.00 102 lambs 78 7.23 02 hogs 4 8.60 1 hog 430 7.60 2 hogs 55 7.60 The range of prices at the yards was as follows: Choice steers 37.50 ($S,00 Good steers 7.00 7.30 Medium steers 6.50&) 7.00 Choice cows $.60 7.00 Good oows 6.00 & s.&O Medium cows .................. 6.60(g) 6. 00 Choice calves 8.00 y) 9.00 Good heavy calves 6.50 .7.50 Bulls fi.&0 6,00 Hogs Light S.00i& 9.60 Heavy 6.50 7.00 Sheep Yearling wethers 5.000 6.50 Ewes 4.00) 5.25 Lambs 6.O0& 7.25 Omaha Livestock Market. SOUTH OMAHA. March 5. Cattle Re ceipts. 2500; market, strong. Native steers, $7.44j8.73; cows and heifers,. 357.0; Western steers, $6 (S? 8.15; Texans. $57.50; cows and heifers, $5&)7; calves. $6.250.25. Hags Receipts. 10,700; market, higher. Heavy, $8.15&3.30; light. $S.25$8.35; pigs, $7fiS; bulk of sales. 3S.25&8.32H. Sheep Receipts, 3500; market, higher. Yearlings. $6.756 7-75; wethers, $66.75; lambs, $S8.90. . Chicago Livestock Market. CHICAGO. March 5. Cattle Receipts, 15.1MK); market firm. Beeves, $7,100 9.25; Texas steers, $5.3006.25: Western steers, $.3O07.M; stock ers and feeders. $6.25 3.15; cows and heifers, $3.407.60; calves, $7i&'10.50. Hogs Receipts. 26.000: market steady. Light. $8.353.fio: mixed. $S.3O08.6O; heavv, $8.150 8.55; rough, $S,15ft 8.30; pigs, $0.60 WS.30; bulk of sales. S.45S.60. Sheep Receipts, 22.000; market firm. Na tive, $5.35 6.90; Western. $3.70?7; year lings, $0.S5T8.2O; lambs, native, $7.50&'8.S3; Western, $7.60S.0. HAX FRANCISCO PRODUCE MARKET Prices Quoted at the Bay City for Vege tables. Fruits, Etc SAN FRANCISCO, March 5. The follow ing produce prices were current here today: Fruit Apples, choice, 55c; common, 40c; Mexican limes, nominal; California lemons, choice, $7 ; common, $4 ; navel oranges, $1.25 3; pineapples, $1.252.50. Ch eese Young Americas, It & 18c Butter Fancy creamery, 34 Vc; seconds, $2 4& Ksgs Store, lflc; fancy ranch, 17c. Hay Wheat. $24 25; wheat and oats, $21.50923; alfalfa, 312.501&.&0; barley, $13 ei. Potatoes Oregon Burbanks, 55 75c; Sa linas Burbanks, 5c6$1.25; sweets. $1.65 a Vegetables Cucumbers, $3.50 $4.00; green peas, 12b 16c; string beans. 20c; toma toes, 35(ffGoc; eggplant, 2o&25c; -onions. 50&75C. .Receipts Flour, 4952 quarters; barley, 4485 centals; potatoes, 3440 sacks; hay, 37S tons. New York Cotton Market. NEW YORK, March 5. Cotton Spot closed quiet. Mid-uplands, 12.70; do gulf, 12.95: no sales. Cotton futures closed steady, 7 to 10 points lower. March 12.27. April 12.06, May 11.96, Junt 11.90, July 11.69, August 11. SI, September 1L&2, October 11.47, December 11.47, Janu ary 11.43. Private ginning reports make the total crop 14,100,00$ bales. NEW ORLEANS March $. Cotton, spot steady, unchanged. Middling, 12 fee Sales, 450 bales. London Wool Sales. LONDON, March 5. The wool auction sales were continued today with offerings of 11.S60 bales. The selection was In bet ter condition and the demand animated at firm at hardening prices. Coarse cross bred sjold from 7& to 1$ per cent higher. West Australians were eagerly taken by the home trade, scoured by the continental and Americans purchased a few lots of cross-breds. Dried Fruit at New York. NBW YORK. March S. Evaporated ap ples quiet. Prunes firm for large sixes. Peaches steady. BEAR ATTACKS FAIL Prices Move Definitely Upward in Wall Street. BUYING MORE AGGRESSIVE Scarcity of Offerings Makes Raising of Bids Necessary Coppers Ben efited by Active Foreign: Demand for Metal. NEW YORK, March Z. Although trading was not jon a large scale, there warn ag gressive buying at times today of the 3 vorlte stocks, especially Reading, Steel and Amalgamated. There was no sign of the heaviness which developed, late yesterday. Bear traders attempted ta bring about a further decline In the early session, but were unable to make headway. Prices fluctuated for a time and then moved defi nitely upward. There was a scarcity of stocks around the early range and It was necessary to raise bids In all quarters of the list, the standard issues being marked up one to two points. Proflt-taklng In spots during the afternoon cut into the earlier gains. Some of the specialties moved Irregularly. This was particularly true of the tobacco stocks. Pump issues were weak. There were no developments upon which the day's movements could be based, spec ulatlve conditions remaining unchanged. Al though London cables were cheerful, there was no foreign demand for American stocks. Money rates were easier and ex change rates showed a firmer tendency. Copper stocks were benefited by reports of active European demand. It was said that sales of substantial amounts were made at 15 cents for electrolytic. Domestic con sumers, however, showed no disposition to enter the market freely. The February re port of the copper producers, to be pub lished this week, is expected to show no marked changes. The bond market was irregular. Total sales, par value, tl.S30.000. United States bonds were unchanged on call. CLOSING STOCK QUOTATIONS. Reported by J. c. Wilson Co.. Lewis building, Portland. Closing Sales. High. Low. Bid. Amal Copper .. 42.500 TUtt 70 72(4 Am Beet Sugar. 1,000 35 SJ?4 American Can H 13,400 3ol 33. do preferred.. 2,300 123fe 122 122 Am Car & Fdy.. 500 62',i Blfc K2 54 Am Cotton Oil.. 200 49 4B 48 Am Smel & Ref 8,000 71tt 94 70H do preferred.. 100 103 103 103 Am Sugar 100 114 115 K 113 do preferred.. 114 Am Tel & Tel.. 800 13S 13274 132T4 Am Tobacco 2,200 250 243j 243 Anaconda l.BOO 37 37 37 Atl Coast Line.. 20O 125 12S 124 A T & Santa Fe 1.500 102 1024 10254 do preferred.. 200 100?4 100 100 Bait & Ohio ... 300 10114 101?i lOl Brook R Tran.. 2,700 W o 9014 Canadian Pac.. 4.100 231 230 2311 C A O 900 75 75 " 75 C & Q W 100 15 15 14!4 C & NT W 200 13514 33514 !.". c. M Jk St Paul. 2000 110 100'. lliU Central Leather. 1,700 28 27 2814 central 01 N J 34.1 Chino 4,700 41 40 41 Vi Col Fuel & Iron. 400 85 35 !4 35 Col Southern .. 600 28 27 28 Consol Oas 1.100 133 1.12H 132 D A R G 100 20'A 20K, 2 Distilling Securl 3.300 28 27 28 General Elec ... 200 140 138 139 Gt North Ore .. 300 S8 3 - S Gt North pf ... 1,700 128 127 ,12774 Illinois Central.. 100 124 'i 124 124 Interboro Met .. " 800 18 18 '1S. do nreferred.. S.S00 ClV . 60 fll Inter Harvester. 107 K C Southern .. 100 25 25 24 Lehigh Valley.. 10,500 158 155 158 Louis Nash.. ' 600 133 135 134 Mexican Central 24 M. S P S S M 200 18Si jr.ev, 13654 Mo, Kan & Tex 400 26 26 20 Mo Pacific 2,500 39 38 39 National Lead a 51 Nat Biscuit .... 117 do Dreferred 11814 N Y Central... COO 107 107 100 Norfolk & West 1.40O 105 15 105 Northern Pac. 2.500 117 110 116 Pacific Mall 200 2S 28 27 Pacific T & T 37 do preferred 92 Pennsylvania ... 2.900 120 119 119 People's Gas ... 100 US 113 113 Keaaing 5.4iw J3W 17 Republic S & L 1.400 25 25 T4 25 Rock Island ... 400 23 23 22 Southern Pac. 2.100 100 99 100 Southern Ry . . 1,100 28 2 2 Texas Oil 300 115 . 115 115 Union Pacific .. 81.200 154 152 154 do preferred 84 United Rds 8 F. 27" U S Steel 50,500 62 61 62 do preferred.. 1.000 los lx lo.su. Utah CoDDer . . I.5C0 54 53 54 Wabash . 3 Western Union 68 Westing Elec .. 1,000 70 TO 70 Wisconsin Cent 49 Total sales for the day. 334.300 shares. BONDS. Reported by Overbeck & Cooke Company, Board of Trade, Portland. . Sid. AsKea. Amer Tei & Tel conv 4s - 103 American Tobacco 4s.... . .... 9 .... American Tobacco Os 120 .... Atchison General 4s 97 97 Atchison conv 4s 162 103 Atchison adj 4s stamped S7 87 Atchison conv 5s 102 102 Atlantic Coast Line cons 4s.... 9:1 .... At coast Line L & coil 4S u VI Baltimore & Ohio 3s 90 91 Baltimore & Ohio 4s 96 96 Brooklyn Ran Transit 4s 89 89 C & O 4s 100 100 C B & Q gen mtg 4s 94 95 u u . joint 43...-. -ift n C B & Q Ills 4s 96 97 C B & Q Denver 4s 94 94 ti Cent Pac first 4s 94 95 Chicago & East Ills 4s 75 77 Chicago R I & P ref 4s 86 S7 Chicago R I & P Col trust 4s.. 63 64 Colorado & Southern first 4s... 92 93 Denver & Rio Grande 4s . ...86 87 Del & Hudson conv 4s ,. 97 97 Erie first cons P L 4s S3 86 Int Met 4s 79 79 Japanese 4s . .80 84 Japanese first 4s .... Japanese second 4s S6 .... L & N unl 4s 93 93 Mo Kan A Tex 4s 83 88 Missouri Pacific 4s 6tt 70 N Y Central 3s -..84 84 r Y central x. a ts ... ... 11 lh N Y Central 4a 6 N Y City 4s of 1937 104 104 Norfolk & Western 4s 96 U6 Norfolk & Western conv 4s 105 10S N Y Ont & W 4s 72 Nor Pac P L 4s S7 97 Nor Pao 3s ,. 66 67 Oregon Short Line 4s 89 89 Oregon Ry St Nav 4s 93 93 Penna Ry 4s of lais 101 102 Phillioine Ry 4s S2 S3 Reading gen 4s 96 98 Republic of Cuba 5s 101 101 Sou Pac first ref 4S 93 93 Sou Pac col 4s 98 98 soutnern K7 4s 77 T. 78 St L & S F ref 4s 75 76 Union pac first 4s 98 98 Union Pao conv 4s 94 94 Union Pac ref 4s : . 93 93 United states steel s F os 100 lio United States 2a registered 100 101 United States 2s coupon 10u 101 United States 3s registered ...102 103 United States 3s coupon 102 103 United States 4s registered ...113 114 Lnlted States 4s coupon, 113 114T4 United Railway S F 4s 63 64 United Ry St L 4s 73 74 Wabash first 4s 0O fil u. Western Union 4s 100 lO0 Westlnghouse conv 5s . .... 92 92 Western pao 3s 85 86 Wis Cent 4s 90 91 West Shore 4s S3 98 Stocks at Boston. BOSTON. March 5. Closing quotations: Alloue. 87 Mohawk 2 Amalg Copper. . 72 jNevada Con .... 'Nipisslng Mines 1$ 8 2$ 1 49 88 63 11 31 3 A . I. dc Mm... au- Arlsona jCom.. 11-16 .Nortn Jiutt.. B&CC&8M.. 6 .North Lake .... loid Dominion . . i Osceola ........ Qulncy ......... Shannon Cal Arizona. . 65 Cal sc Hecla 471 Centennial ask 16 Cop Ran con co 46 n k Butte con St. isTti Superior Sun & Boa Min. Franklin 6 Giroux Con .... 3 Granbr Con . 3 ; a amaraca . . . . SI U S S R M 41 green. Cananea. S do preferred.. - 48 I Royalle copj 20 Utah Con 9 Utah Copper Co. 54 Winona 2 Wolverine 6S Kerr Lake 4 Lake Copper ... 17 &aue copper Miami Copper... 23 Money, F-rt-hange. ' Etc. NEW YORK. March S. Money on call easier. G3 per cent; ruling rate. 3 per cent; closing bid, 3 per cent; offered at per cenu Time loans easier, CO days. 4 per cent; 90 days, 4M per cent; six months, 4 per cent. Prime mercantu paper, a to per cent. Sterling sxchange firm with actual bus iness In bankers' bills at Si-83.75 for to ns 7 bills and at J4.S7.85 for demand. Commercial bills, $4.83. LONDON, March 5. Bar silver steady at .1 i-iiu jj.r ounce. . Monev. 1 ner cent. Rate of discount in the open market for snort Bills, 4 15-14 per cent; urea montny bills. -4 et 11-19 per cent. SAN FRANCISCO. March 6. Sterling on Locdon Sixty days. 4-83 ; do, sight, -S7. Silver bars, 59 e. Mexican dollars, nom inal. -Drafts, sight, .02; da telegraph, .09. Conditio of tho Treasury. WASHINGTON. March 5. The condition of the United States Treasury at the be ginning of business today was: Working balance X 80.581,3 In banks and Philippine treasury 43,694.222 Total general tuna ........ . M3.aw,ui Recelnts Mondav - 2.977.541 Disbursements 1.701,759 The surplus this fiscal year Is $9,912,125 as against a deficit of sio,723,o.'2 last year. The figures for receipts, disbursements, etc.. exclude Panama. Canal and publlo debt transactions. Chicago Dairy Prodoeo. CHIGAGO, March 6. Butter steady. Creameries. 28 2E36C Eggs weak. Receipts 16.BS0 cases; at mark, cases Included, 16 G 18c; ordinary nrsts, 17c; iirsts, tsc Cheese weak. Daisies, 1616e; twins, 15e,15c; Young Americas, lei.c: long norns, xt l ic 1 Wool at St. Louis. ST. toras. March 5. Wool Steady. Territory and Western mediums, 2125c; fine mediums, iiyiic; fine, J-Jdjiic , Duluth linseed Market. DULTJTH. March 0. Close: Linseed, $1.28; May, .1.29: June. $1.31 bid. DAILY CITY STATISTICS Births. ., CLAUGH At 404 East Thirty-ninth street North, February 14, to tho wife of Edward ciaugii. a uusivc. CURRAN At 641 Williams avenue, March ter. GE1ST At 827 Union avenue, February 26, to the wife of Godfrled Gelst, a son. MARTIN At 965 Hancock street, Febru ary 25, to the wife of John C. Martin, a son. GEORGE At 816 East Eleventh street Knrth. February 25. to the wife of John George, a son. BURBAKK At cast riievenm street North, February 19, to the wife of Jack Burbark, a son. OJA At 1231 Cora avenue, February 18. to the wife of Charles OJa, a daughter. CONKLE At 1024 East Thirty-first street x-orth irbrnarv 14. to the wife of Frank p. Conkle, a son. PODALSKI At 866 Bast Kieventn street North, February 3. to tho wife of Barney Podalskl, a daughter. SCHULTZ At 794 Minnesota avenue, Feb ruary 18, to the wife of John Schults, a son. WERNER At 770 East Couch street, March 1, to the wife of C. J. Werner, a son. MILLER At 27 North Eleventh street, February 17, to tho wife of William L Mil ler, a daughter. WOEHLERT At 8585 East Seventy ,.nth .i..ni Fehruarv 2. to th. wife of John C. Woehlert, a daughter. . KRAT2 At Ol. Vincent, xxuopin.. . - ary 7, to the wife of Oscar A. Krats, of Hillsdale, Or., a son. COX At corner Cooper and seventy first streets, February 22, to the wife of O. W. Cox, a daughter. x . wiiAycii a . ru-.ry 16, to the wife of Roy P. Weaver, a daughter. , . FLECKENSTEIN At 1418 Vulcan street, February 17, to tho wife of George W. Fleck enstein, a son. HEARN At 1082 Uolgate street. Febru ary lO, to tho wife of John T. Hearn, a daughter. TrtrtnriT t i3" a 1 9oft F.a.t Fourteenth dl Wtiviuuu - street North. February 22. to the wife of Chester D. Mcconvnie, a musbki. SLAUGHTER At 742T Sixty-fifth avenue c.,,th.t irehruarv 15. to the' wife of James C. Slaughter, a son. , . LONG At opnng bwbci, , - ruary 23, to the wife of Virgil H. Long, a son. - . .. DAVIS At 7123 Forty-iourin avenue i 1 l-.Kniurv 22. to the wife of Thomas W. Davis, a daughter. SCHOFIELD At 1607 Hnlsey street. Feb ruary 19, to the wife of John I. Schofleld. a son. SCHAEFER At 5030 Forty-first avenue Southeast, February 16. to th. wife of Clyde J. Schaefer, a son. PETROVICH At 595 Williams avenue, February 22, to tho wife of George Petro- vlch, a son. . ...t. . , A74 xriRatK.lnni avenue. i.icnuui1 . ' -- . February 17, to the wife of Fred C. Lie- bold, a daugmer. WILLAT At 68 East Thirteenth street, February 24, to the wife of Arnold F. Wil- lat, a son. . HOLMAN At 280 MOHRoay avenue, qu inary 27, to the wife of Frank W. Holman, a son. . . - DRUSCHEL At owa atuioerry street, r vo ruarv 23. to the wife of W. H. Druschel, a daughter. RIPLEY On houseboat, not numbered, February 21, to the wife of Kocklord Rip ley, a daughter. FINKE At 9 East Sixty-fourth street, February 8, to the wife of Walter J. Flnke. a son. , JOHNSON At 482 Rhone street. Febru ary 1 to the wife of Ed J. Johnson, a son. FROST At 800 East Thirty-second street, to the wife of John -W. Frost, of Big Eddy, Or. a son . RAY At 3t Esecona street, rwiuary w, to the wife of Warren H. Ray, a daughter. nrjcDr At HU1 nn n t.fnhein SV- IS-FjL L 1 UI,IJUi"i . - ' . . . . nue. February 27, to the wife of Albert Kelttleberg, a oaugiitei. ...... OWAftDUrt -n-fc " - ' . ' ' street, March 1. to the wife of Arthur W. Swanson, a daughter. WOOD At TU4 iasi i wrniv-miiin o n February 16. to the wife of F. C. Wood, a daughter. February 19, to the wife of A. M. Comp- ton, a son. FOSTER At 440 Jefferson street, March 2, to the wife of Joseph Foster, a daughter. DOWNS At St. Vincent's Hospital, Jan uary 18, to the wife of Guy R. Downs, 464 East Couch street, a daughtor. The "Why" of Easter Eggs. Woman's Home Companion. Probably the fact that the) egg holds, shut ur in itself, the elements of future life a life which may long- be dormant and then come forth into vigor and beauty, into consciousness and activity made it a proper symbol of the Res urrection. But of all the millions who have decorated esss at the Easter sea son or played with them as a pretty toy. or fed upon them as a delicacy. very few- have ever stopped to reflect upon the profound meaning oi tne em blem. In my own boyhood a breakfast of eggs was one of the unwritten reg ulations of Easter Sunday; the main question with the boys was the num ber ner capita that could be consumed. Among us there was none of that dainty decoration with dyes and pig ments which has given so mucn pleas ure in old times and new. This fash ion, in the opinion of an old writer. arose among the .Christians from the joy occasioned by their returning to their favorite food after so long an abstinence from them during Lent. This is not impossible, for the egg was formerly counted as flesh and denied to good Christians during the Lenten season. A Joke at Home. Lipplncott's. Supper was in progress and the father was telling1 about a row which took place in front of his store that morning. "The- first thing- I saw was one man deal the other a sounding blow and then a crowd gathered. The man who was struck ran and grabbed a large shovel he had been using on the street and rushed back, his eyes blaz ing fiercely. I thought he'd surely knock the other man's brains out and I stepped right in between them." The young son of the family had be come so hugely interested in the nar rative as it proceeded that he had stopped eating his pudding1. So proud was he of his father's valor, his eyes fairly shone, and he cried: "He couldn't knock any brains out of you. could he, father?" Father looked at his long- and ear nestly, but the lad's countenance was frank and open. Fattier gasped slightly and resumed his supper. As a general thins- any tactful worn. and can get along very well with her son-in-law by letting turn think she thinks he is smarter than she thinks a ia - QUARTER CENT LOSS Wheat Is Down at Chicago on Large Receipts. BREAK AT MINNEAPOLIS European Demand: Small and Argen tine Prices Decline AV ith Predio , " tions of LArger Shipments. Coarse Grains Strong;. CHICAGO. March S. Wheat buyers lost courage today when confronted by more receipts at Minneapolis alono than there were at all primary points a year ago throughout tne united states. in conse quence tho market closed weak.' with prices ranging from last nights level to ike oe- cline. Each of other leading staples made a net gain, corn 40c. oats ft 14 and pro visions So to S0S34o. It was in the last half hour of trading that wheat suffered a tumble. Disappoint ment set in because demand from Europe was comparatively scant. Then came re ports of a sharp break in the cash market at Minneapolis and rumors of a sudden down turn at Buenos Ayreg Increased tho bear sentiment during the final dealings. There also were predictions of larger shipments from Argentina for the week. Primary arrivals of wheat today were 659,000 bushels, against 815,000 bushels a year ago. Seaboard clearances of wheat and Hour equalled 240,000 bushels. There was a strong swell In tho corn market, owing to gossip concerning sup posed heavy sales for export. Prices, how ever, weakened a little after tho break in wheat. Aggressive action en the part of bull leaders forced shorts In oats to cover. Higher cost of hoxi can-led ud Drovlslon'i. Proat-taklng by holders had but little ef fect in stopping the advance. The leading futures ranged as follows: WHEAT. Open. High, Low Close. May ..t.SHA I .914 t .ll .H May ...... .91 .sin .91 July 90)4 .SO", .90ft ,o aapu s .85 a, ,53 . .8914 , CORN. May .62 .53 Vi .12 .52 July 6SH ,54 " ,63 .6374 Sept. 54 .55 .0454 .6t OATS. May 83 .S4& .33 -.34 July 34 .34 .34 .S44 Sept ...... .34 .34 .33 .34 MESS PORK. May 20.42 20.65 20.42 10.62 July 20.20 20.33 20.22 20.20 LARD. May 10.82 10.90 10.82 iO.35 July 10.77 10.80 10.75 10.77 Sept 10.75 10.77' 10.75 10.77 RIBS. May 10.77 10.12 10.77 10.82 July 10.72 10.77 10.72 10.75 Sept 10.72 10.75 10.72 10.75 Cash prices were: Corn No. 2. 60e51e; do. white, 52o; do. yellow, t)0g51ic: No. 3 ,47494c; do. white, 49H&0c; do. yellow. 48&49':C; No. 4. 4647c; do. white, 47949c; do. yellow, 463i48c. Rye. No. 2. 6K962c Barley, 48 70c. Timothy. 2. 76 3.00. Clover fl2.0018.50. Grains in San Vranrisco. SAN FRANCISCO. March 0. Spot quota tions: Walla Walla, Sl.67 ipl.60; red Rus sian, $1.551.67 : Turkey, red, .1.72 1.7B; bluestem, 1.721.7S; feed barley. 1.32 f 1.35: brewing, tl.37 U.40; white oats. $1.50& 1.52 ; bran. $23&23.30; mid dlings. S303T31: shorts. $24.f.O&-5.&0. Call board sales Wheat, steady; no trad ing. Barley, steady. December, $1.29 bid, tL30 asked; May. $1.28 bid. J1.S0 asked. Puget Sound Grata Market. SEATTLE. . March 6. Wheat Bluestem, 90c; fortyfold, 87c; club. S8c; Fife, 86c; red Russian, 85c Yesterday's car receipts, wheat iil. corn 2, oats 20, barley 8, hay 23, flour 5. TACOMA. March 5. Wheat Bluestem, 97 9Bc: fortyfold. 86c: club. 86c: red Russian. 84c Car receipts, wheat 72, barley 2, corn 1, oats 0, hay 13. Minneapolis Grain Market. MINNEAPOLIS. March S. Close: Wheat, May. 8585c: July. 87c: Sentember. 88c. Cash. No. 1 hard, S6iic: No. 1 Northern. 8485c; No. 2 Northern, 8283c; No. 2 hard Montana, 8534c; No. 3 wheat, 60H5fSlc. iran. ai.&uis.o.. Klax, $1.271.28. Barley, 41 56c European Grain Markets. LONDON. March 5. Cargoes on passage dull, limited demand. ' English country markets quiet. French country markets steady. . LIVERPOOL. March 5. Wheat Snot steady. Futures steady. March, 7s ad; May, s tfa; July, is .a. Metal Markets. NEW YORK, March 5. Copper firm. Spot to June. 14.50j 14. 75c; electrolytic, 15.00 15.12c; lake, 15.2515.37c; castings, 14.7514.87c. Tin firm but quiet. Spot and March, 48fg.48.50c; April, 47.7548.25c; May, 47 48c. . Lead steady, 4.254.85c. Spelter steady, 6.20 6.25c. Antimony dull. Coekson's, 9.259.40c. Iron steady, unchanged. . Copper arrivals, 250 tons; exports tills month, 6806 tons. London copper firm. Spot, 66 2s 6d; futures. S 7s 6d. London tin steady. Spot, 220; futures, 216 10s. Lon don lead, 16 5s. London spelter, 24 15s. iron, Cleveland warrants, ess In Lonaon. Coffee and Sugar. NEW YORK, March 6. Coffee futures opened steady at an advance of three to eight points in response to higher European cables and a scattering demand. The mar ket later weakened under realizing or re newed liquidation and closed steady net three points lower to three points higher. March, 12.06; April, 12.16c; May, 12.28c; June, 12.33c; July. 12.39c; August, 12.47c; September, 12.C7C; October, 12.49c; Novem ber, 12.40c; December, 12.35c; January and February, -12.36c. Spot steady. Rio No. T, 1254 c; Santos No. 4, 14c; mild dull. Cordova, 15 17c, nom inal. Raw sugar steady. Muscovado, 89 test, 3.04c; centrifugal, 96 test, 3.54c; molasses. 89 test, 2.79c; refined steady. Naval Stores. SAVANNAH, Ga., March 5. Turpentine firm. 40c. Sales, 50; receipts, 148; ship ments. 71; stocks. 17,540. Rosin firm. Sales, 450: receipts. 73; ship ments, 9; stocks, 117,401. Quote: A, B, 16.25; C. D. v..40; E, $6.45; F, $6.50; G. $6.55; H. 36.65; X, $6.80; K. $7.10; M. $7.35; N. 7.45: WG, 7.55; WW. $7.10. CLATSOP TRUSTEES MEET Incorporation Held Intact and Or ganization Is Completed. CXATSOP, Or, March 5. (Special.) Following the only "election held in Clatsop for the past 12 years, which took place recently, when a complete set of officers were elected, the trus tees met and adjourned until Tuesday, when they were to decide whether or not the incorporation should be kept intact. This adjourned meeting: . was held with all officers present. Each trustee verbally reported that it was advisable to maintain the incor poration and after adopting a report to this effect, the organization was completed by the appointment of the necessary committees. Three matters of legislation were discussed. First was the future annual license to be charged the management of the Oearhart Hotel for operating a barroom in connection with the hotel or any other hotel that may desire such a license along Clatsop Beach. The second was a proposal to have a speed ordinance drawn especially to regulate the speed of automobiles at Gear hart Sklpanon and certain other We Pride Ourselves on the service -we render our patrons. Give us the opportunity and we will prove this service. We Pay 4 Per Cent Interest on Savings Deposits Merchants National Bank Under Government Supervision Founded 1886 Washington and Fourth Streets First National Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank West of the Rocky Mountains LADD &TILTON BANK Established 1859. Capital Stocl $1,000,000.00 Surplus and Undivided Profits 1,000,000.00 Commercial and Savings Accounts Letters of credit, drafts and travelers' checks issued, available in all parts of tho world. OFFICERS. W. M. Ladd, President. Robert S. Howard, Asst. Caahlaa Edward Cooking-ham. Vice-Pras, J. W. Ladd. Asst. Cashier. Vv. H. Dunckley. Cashier. Walter 31. Cook. Asat. Cashier. & New "OLYMPIC" FITTED "WITH DOUBLE SIDES AND ADDITIONAL WATERTIGHT BULKHEADS EXTENDING FROM THE BOTTOM to the TOP OF THE Will Sail from NEW YORK April 12 AMERICAN LINE N. Y.--PfymouthChwbourg--Southampton Atlantic Transport Line New York London Direct RED STAR LINE N. Y. Dover Antwerp A. B. DISNEI. PASS. AGT., 619 6ECO!JT Or Local Kail war aad places. The third was once mora to have an effective stock ordinance, mi wava t.it.n nnriAF Ad visement and it is proposed to pass the deslrea orainances i ins, which will oe Apru i. Experiments In Germany eem to have . . . -i i J nnot.. tiin.u hair, th moved iuai uiu k ' . , j .am riiiin for feedinc stock as good meadow hay When bitulithie paving is being laid, the material is subject to scientific tests every hour, insuring work without a flaw. ESTABLISHED J8M ..Engineers ACT AS CONSULTING ENGINEERS CONSTRUCTING ENGINEERS OPERATING MANAGERS APPRAISERS PROPERTIES FINANCED 85 SECOND ST., SAN FRANCISCO NEW YORK NEW ORLEANS INCORPORATED L CONSULTING, and CONSTRUCTION ENCINEERS PUBLIC SERVICE PROPERTIES FINANCED and MANACED SO Pin Street New York J.C.WILSON&CO. STOCKS. BONDS. GRAFS AND COTTON MEMBERS KEW YORK STOCK EXCHANGE, 2iKW YORK COTTON EXCHANGE. CHICAGO BOARD OF TRADE, THE STOCK AND BOND EXCHANGE, SAN FRANCISCO. PORTLAND OFFICE: Lewis Building, 269 Oak Street. Phones Marshall 4120, A 4187 . VESSEL - May 3 And Regularly Thereafter WHITE STAR LINE New York Queenstowo Liverpool N. Y.-Plymouta-Cherboarg-Soathaaiptoa MEDITERRANEAN CRUISES . Boston Mediterranean Italy Canoplo .Maroh 16 Cretlc April J AVE.. MATS KI.OOB, BEAK. SEATTLE, meauuhip Af cuts. TRAVELERS' GCIDB. AUSTRALIA TAHITI AND NEW ZEALAND. Ronnd Trip Rates: tttt class to Tahiti $135. to Wellington S267.50, to Hrdnar 30O. Special l4cifio Ocean Tour (including1 Booth Sea Isles) to Sydney via Tahiti, Karotonsa and New Zealand and returning to Kan Francisco or Vancouver) via Auckland, Fiji or Samoa and Honolulu, 9335. 1st class. Stop-overs any point. Rood one year. Sail ings from Ban Francisco April 2, April 20, May 28. etc Union Steamship Co. of New Zealand, T.td. Office: 679 Market Street. San Francisco, or Local S. 8- and Railroad Areata. . LOS ANGELES AND SAN DIEGO STEAMSHIPS TALE AND HARVARD Railroad or any steamer to San Francisco, the Expo City. Largest, fastest and tho ONLY strictly first-class passenger ships on, the Coast. Average speed 28 miles per hour; cost 2,000.000 each. SAN FRANCISCO, PORTLAND ALA Main 20. Frank Boilam! AgenC A 4S0C 134 Third Street. BAHIA, BIO DE JANEIRO, SANTOS. MONTEVIDEO AND BOSAKIO Large, New and Fast Pauppmrer steamers trots New York every sliernHte Saturday.. , For met, etc, apply local ticket A gt-nis, or S0SE HAMOJ. Of AfU, 301 rr4m ticket Nw Yfc NEW YORK -PORTLAND REGULAR FREIGHT SERVICE. Low Rates. Schedule Tima, AMERICAN-HAWAIIAN S. S. CO. 115 Railway Exchange Bids., Portland, Or. Main s7s. A 39?. COOS BAY and EUREKA Steamer Alliance Sails Thursday, Mar. 0 at a P. M. NORTH PACIFIC STEAMSHIP CO, 122-A Third St., near Wahinsrton. EXPRESS STEAMERS FOR San franrisco and Lo. AnslM WITHOUT CHANCE 8. S. BEAR Sail, 4 V. M. March 7. S. S. ROSE CITY Sails 4 P. M., .March 1J. THE SAN FRANCISCO PORTLAND S. S. CO.. Ticket Office 3d and Ytaoliinrtou (with O.-W. R. Jf. to.) Phone Marshall 1&00. A 6121. COOS BAY LINE STEAMER BREAKWATER sails from Alnsworth Dock, Portland, at S A. M., March 6, and thereafter every Wednesday morning at 8 A. M. Freight re ceived daily except Tuesday up to 6 P. M. Tuesdays up to 3 P. M. Passenger fares: First-class, $10; second-class, $7, Including berths and jnfals- Ticket office at Alns worth Dock. The Portland Coos Bay S.S. Line. L. II. Keating. Agent. San Francisco, Los Angeles and San Diego Direct S. S. Roanoke and S. S. Elder. Sail Every Wednesday Alternately at - e p. m. NORTH PACIFIC S. S. CO. Vtt A Third St. Phones Mala 1314, A Hit.