Morning Oregonian. (Portland, Or.) 1861-1937, March 06, 1914, Page 21, Image 21

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    THE MORNING OREGOXIAN, FRIDAY, , MARCH 6, 1914.
21
E
Sheepmen Raise Prices and
Buying Is Slower.
CONTRACTING IN OREGON
Several Clips Change Hands in East
ern Counties Targe Sales or Fat
Sheep Wool at Coast
Stockyards.
There has been no cessation of wool con
tracting in Eastern Oregon this week, but
buying operations navo necessarily slowed
down somewhat, as jrrowe rs are asking
more m'oney. Several cUps have been
taken In the vicinity of Heppner and Ar
lington and acroes the river from the lat
ter plare. These dals were made at prices
about the eame as last year's. It is esti
mated that fully half a million pounds have
been contracted for in Oregon to date, while
In Western Idaho a million pounds or more
v have been bought on the sheep's back.
Early shorn Washington wools are begin
ning to be traded in. Shearing has started
In the Yakima section, where the DH man
clip has been bought at 10 cents. Theso
wools sold last year for 19 cents.
A feature, of the market now is the busi
ness in fat sheep wool at Coast stockyards,
where shearing has been under way for some
time. Theodore B-rnhetm &. Co. yester
day bought 2O0.UO0 pounds of such wool at
Seattle at private terms.
Forward buying in other parts of the
West continues, but not at the rapid rate of
last week. Buyers are picking up stray
clips where they are offered at going prices.
Additional particulars were received yes
terday of the trading in Montana, where
there was recently quite a wave of buying.
More than l.OUO.000 pounds of the clip of
that state have been contracted.. . The clips
include the J. B. Long Company's wool,
from 40.000 to 50.000 sheep; also that grown
by Felix Armstrong and Webb and Harry
. Armstrong, or from about 1 If, 000 sheep. In
addition the buyers secured the T. C. Power
and Leech clip, estimated to run about 120,
ifOi pounds, and the Thomas Shannon clip,
placed at 00,000 pounds. They also have
contracts for several smaller clips, aggre
gating about 300,000 pounds. The Arm
strong wool is said to have changed hands
at Itt1 cents and some of the other large
bunches showed slightly better than Hi
ct-ntfi. For the long wool, the largest clip
In Northern Montana, closo to 37 cents was
paid. In Wyoming tho same buyers got
some wool cheaply at 3 I cents a pound.
Anintig the transactions in old clip wool,
reported from BoBton, are 70,000 to 80,00(1
pounds of original Oregon wool, clean cost
estimated at oli cents.
The strength shown by the London sales
this week is the most Important feature of
the market.
1 IALK TRICES ARE 20 CENTS HIGHER
JJarket al LaM, Responds to Advance in
Wheat Values.
All grades of domestic flour were ad
vanced 20 cents a barrel yesterday. By the
new lift patents are quoted at $-4.80. Even
at this advance flour is very cheap com
pared with the price of wheat.
Trading In tho wheat market has been
quiet this week. Neither interior dealers nor
farmers are. now offering. The demand con
tinues good and that means an upward ten
dency of the market. Club was quoted
yesterday at 91rt?0lVi cents track and sales
were made by dealers more money. Blue
stem is practically on a dollar basis. There
were Oriental inquiries on the market yes
terday. In summing up the world's market situa
tion a large importing house at Antwerp
writes: "There is but very little doubt left
about the size of the Argentine crop, on
which so much flour has been sold short in
the Autumn of 1913 and on which' the mill
ers have been making their calculations.
Our partner, down In Argentine, gives us
very low estimates of the quantity of good
wheat available for Europe. After we take
off the requirements of Argentine, Brazilian
and South African mills, we are left with
a quantity ranging from 7,500,000 bushels to
31,000,000 bushels of good wheat at the out
side. Considering that Roumanfa, Russia
and Bulgaria all gave us poor quality and
admitting that the world's supplies may be
large, we fee that good quality wheat, es
pecially American, must command higher
prices. We know of ono miller on the
Rhine who in one day bought 320,000 bush
els of American wheat and we do not un
derstand for what reason holders of the real
wheat on your side do not try to get more
money for it."
The local market for coarse grains was
quiet. The feeling In barley was firmer,
but oats dealers talked weak.
Local receipts, in cars, were reported by
the Merchants Exchan ge as follows :
Wheat Barley FJour Oats Hay
Monday 13'.
Tuesday .... 74
Wednesday . . 10
Thursday ... 131
Tear ago 71
Sea'n to date.14.206
Tear ago ...14.4)18
GROWERS
1
10 22 7 13
1 15 1 8
10 4 3
27 27 9 10
12 6 7
2153 2070 1300 2125
1S55 1619 1391 1550
CAR OF REDRIED HOPS IS SOLD
Harris Lot That Went Down With Steam
'' boat' Bring 13 Cents.
A lot of 94 bales of re dried hops was
old at auction at Salem yesterday, and
was bought by T. Rosenwald & Co. at 13
cents. This is the Harris lot that was
damaged In the sinking of the steamer
Oregona near WilsonviUe some time ago.
The hops were redried on the Nichols yard
at Oregon City.
A three-year contract for 30,000 pounds
at 1Z cents is reported to have been
made by a Hubbard grower.
A London statistician figures the supply
position of the English market as follows:
"Imports of hops Into Great Britain less
exports for the months of September to
January last, both Inclusive, were 198,325
hundredweights, as against 195,504 hun
dredweights for the corresponding period
one year ago and 62,701 hundredweights
two years ago. The quantity imported from
the United States during the first above
mentioned period was 107.112 hundred
weights, equal to about 95.000 bales, a
smaller quantity than generally estimated.
This year's net imports of 19S.325 hundred
weights plus the 1913 English crop of 253,
41 hundredweights deducted from Great
Britain's estimated annual requirements of
ROO.OOO hundredweights show a deficiency
on January .11 last, as against requirements.
of 146.031 hundredweights, or about S 8.0 00
bales."
TAiG CANNING INDUSTRY OF CHINA
Operations Are in Handn of Foreign Corpo
ration. Further particulars as to the egg pro
ducing and shipping business of China are
given by United States Consul Albert W.
Fantlus, of Nanking, as follows:
"The important egg-producing district of
China comprises the Yellow River and the
"Tanjrtse Frver provinces. The season of
.areatest production is February to May.
Eggs are either sold in open market or col
lected by Interior agents and delivered to
the factrrry or to the exporter. There is
a local desiccated egg factory at this port
which purchases eggs much below the mar
ket price It paid 8 and 10 cents per dozen
last October. For local shipping, eggs are
packed In bamboo crates with sawdust or
straw. Eggs are canned at Nanking and
Hankow by a foreign corporation and
shipped to Europe.
I am informed that all grades of eggs
and all kinds from domesticated fowls are
used for this purpose. Workmen in these
factories receive about 10 cents per day.
Refrigeration service can be obtained from
China to the United States. The egg f ac
ton at Nanking will be completed so as to
begin operations this year. In the mean
time eggs have been shipped to the Hankow
factory. Tho corporation above mentioned
also handles game, poultry, feathers, beans
and skius, thus keeping in operation tlc
year round."
OKA NOES AGAIN HIGHER IN MLTU
Local Demand Strong and Market Is Firmer.
New Potatoes Today.
There was another advance in oranges in
California yesterday. The local market is
firmer and the demand is britk. About ten
cars are due on the Beaver Sunday.
Among the vegetable receipts yesterday
was a car of Southern California celery
and a mixed car of lettuce and cauli
flower. Celery was firm at $4.j0. Next
week will wind up California celery ship
ments. The lettuce .received yesterday was
In good condition and the cauliflower was
not.
i.N'ew potatoes from Floridavwili be on the
market today. They will sell in hampers at
$3 for choice and $3.50 for fancy. The
asparagus received brought 10 cents in flat
boxes.
EGG MAKKKT WKAK AND lOWtB
Northern Buyer Temporarily Out Chinese
JEg Comintf.
The ess market was weaker yesterday.
Twenty cents was the general quotation on
round lots and some sales were made at
cents. Outside buying lias temporarily
ceased. Further .hipmenta of Chinese esgs
arc- coming to the Coast. The steamer due
at Vancouver. B. C. on the 0th will have
8000 cases and there will be 3100 cases on
tho steamer due the lr.th. Some of these
eggs will come to Portland.
The poultry market was firm in spite of
larger receipts. Good chickens of all kinds
brought IS cents. Dressed meata jcre
wealr.
There was no change In the butter mar
ket, as there was a fair local cleanup, but
the undertone is weak. The drop In the
California market will probably pull prices
down here. -
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as follows:
Clearings. Balances.
Portland .2.o:W.2iH 1.-..1.S4,-,
Seattle H.L'SS.filO JHO. lol
Tacoma 4M2.BS3 I.S'.I9
Kpokaue 710.705 10O.S00
PORTLAND MAKKKT QUOTATIONS.
Grain, llourT Feed, Etc
bluestem, 99cl: forty-fold, 'l9ac; red
Russian, !oc; valley, Ulc.
UATS ro. l wnirc, milling. ?-..jvm-
per ton.
FLOliR Patents. ?(.sn per barrel;
etmihi, s.1 vo export. i::.sn: vallev. $4. SO:
graham. whole wheat, .?.".
. ..... l. rl l r.n
CUKW WnOie,
115 per ton.
l, , j i i? v l', .".A nor tun: hrew-
lng. s.ltat.jO: rolled, -'.
HAi ro. I r.asiera ireon iiiiiviiij-,
$17; mixed timothy, $14; alfalfa, $14;
clover, $9S10; valley, grain hay, $1213.50.
MILLFEED Bran. $J2.50 per ton; shorts,
$24.50; middlings. $306 31.
Fruits and Vegetables.
Local Jobbing quotations:
.TROPICAL, FRUITS Oranges, navels,
$22.fi0 per box; lemons, $3.504.o0 per
box; pineapples, 6c per pound; bananas, 4c
per pound: tangerines, $1.75 per box; grape
fruit, California, $3.50; Florida. J56 per
box.
VEGETABLES Cauliflower. $2.50 per
crato; cucumbers, $1.501.7o per dozen;
eggplant, 10015c per pound; peppers.
Jil'ic per pound; radishes, 35c per doren;
head lettuce. $2.5 per crate; sarlic,
12sc per pound; sprouts, 11c per pound:
artichokes, $1.50 per dozen; squash, 1 V
2'c; celery, $4.50 crate: tomatoes, $2.25
&2.50 per crate; hothouse lettuce, 50fe75c
per box; spinach, $1 per crate; horseradish,
S10c; rhubarb, 10c per pound; cabbAge,
per pound: asparagus, l.'Se per noutul.
GREEN FRUIT Apples, 75c$2.25 per
box; grapes, Malagas. $7. .".00 9 per keg: Em
perors, $4 per keg; cranberries. $12(12.00
per barrel; pears, $ Hi 1.50.
ONIONS Old, 3.20IS'3.50 per sack; buy
ing price, $3 per sack at shipping points.
POTATOES Oregon, 754! Oc per hun
dred; buying price. J0nfr.5c at shipping
points: sweet potatoes. $2.50 per crate.
SACK VEGETABLES Turnips, $1; car
rots. $1; parsnips, $1; beets, $1.
Dairy and Country Produce.
Local Jobbing quotations:
EGi5 Fresh Oregon ranch, it420c per
dozen.
POULTRY Hens. ISc: Springs. 17lSc;
broilers, 25c; turkeys, live, lSti20c; dressed,
choice. 2."c; ducks. HWlSe; geese, Jlil2c.
CHEESE 'Oregon triplets, 21c; Daisies,
nominal; Young Americas, nominal.
BUTTER Creamery prints. extra, 30c
per pound; cubes, 26 27c
PORK Fancy, 10 "jc per pound. '
VEAL Fancy, 14415c per pound.
Staple Groceries.
Loral Jobbing quotations:
SALMON Columbia River, one-pound
tails. $2.25 per dozen; half-pound flats,
$1.40; one-pound flats, $2.45; Alaska, pink,
one-pound talis, 85c; silversides, one-pound
talis. $1.25.
HONEY Choice, $3.40J3.50 per case.
NUTS Walnuts. 1420c per pound;
Brazil nuts, 20c; filberts, 14!815c; almonds,
194123c; peanuts, 6WGc; cocoanuts, $1 per
dozen; chestnuts, SV410c per pound; pe
cans, 14 15c.
BEANS Small white, 6c; large white,
4.00c; Lima. 6.30c; pink, 4c; Mexican,
5Hc: bayou, 53c. ,
SUGAR Fruit and berry, $4.S0; Honolulu
plantation, $4.75; beet, $4.60; extra C, $4.30;
powdered, barrels, $5.05.
COFFEE Roasted, In drums, 16 52c per
pound.
SALT Granulated, $14 per ton; half
ground, 100s. $10.25 per ton; 60s, $11 per
ton; dairy. $12.50 per ton.
RICE No. 1 Japan, 55e: cheaper
grades, 4c: Southern head, 56c.
DRIED FRUITS Apples, 10c per pound;
apricots, 2isjl4c; peaches, 84r1lc; prunes,
Italians. 8 10c; currants, l',ic; raisins,
loose. Muscatel, 647c; bleached Thomp
son, llc: unbleached Sultanas, 5c; seed
ed, 9c; dates, Persian, 77c per pound;
fard. $1.40 per box.
FIGS Package, 6 oz., 50 to box. $1.85;
package. 10 oz., 12 to box. 80c; white, 25-lb.
box, $1.75; black. 25-lb. box,, $1.73; black,
50-lb. box, $2.50; black, 10-lb. box. $1.15;
Calarab candy figs. 20-Ib. box, $3: Smyrna,
per box $1.50.
Provisions.
HAMS 10 to 12-pound, 18Vi19V4c; 12
to 14-pound, 18',4 19',ic; 14 to 18,-pound,
Ib'AljilDVjc; skinned, ISffilUc; picnic, 13c;
boiled. 20c.
BACON Fancy. 26!427Kc; standard,
21 i (a 2o hi e.
DRY SALT CURED Short clear backs.
134iSlGc; exports. 1316'4c; strips, 16
17 He.
LARD Tierce basis: Pure, 12'413l4c;
compound, 10c
Oils.
COAL OIL Barrels, 13c: cases. 1714
20 Vic
GASOLINE Bulk, 16c; cases. 23c: motor
spirit, bulk, 16c; cases, 23c
LINSEED OIL Raw, barrels, 61c; boiled,
barrels, 63c;' raw, cases, 60c: boiled, case,
68c.
TURPENTINE In case. 6Sc per gallon;
tanks, 61c
Hops, Wool and Hides.
HOPS 1913 crop, prime and choice, 160
17"4c; 1914 contracts.' liM:!ol4c.
PELTS Dry, 10c; dry short wool, 7c: dry
shearings. 10c: green shearings. 10c; salted
lights. 6073c: salted heavy, 75fe90c.
HIDES Salted hides, 12 Vic per pound;
sal, kip. 13c; salted calf. 19c: green hides.
llVtc; dry hides. 23c; dry calf, 25c; salted
bulls. 8c per pound; green bulls, 7c
WOOIi Valley. 16ifl7c; Eastern Oregon,
10Srl5c.
MOHAIR 1913 clip. 2627c per pound.
CASCARA BARK Old and new. 5c per
pound.
GRAIN BAGS In car lots, 8c
SAX FRANCISCO PRODUCE MARKET
Prices Quoted at the Bay City on Fruits,
Vegetables, Ktc.
SAN FRANCISCO, March 8. Fruit Pine
apples. $l.B04t'2.25: apples, Newtown Pip
pins. S1.50W2; Hoover. $1.25&1.50; No. S.
60eB$l; Mexican limes, $3.50 6; Cali
fornia lemons. $2 3.50.
Potatoes River Burbanks, 90c6$1.25;
Oregon Burbanks, 73c5j$1.25; sweets, $1.25i
1.65.
Vegetables Cucumbers. hothouse. $1 &
1.50: green peas. 61190; string beans; nom
inal, eggplant, nominal.
Onions Oregon. $3.153.23.
Butter Fancy creamery, 22c, seconds,
21 Vic
Eggs Fancy ranch, 21c; store, 19c
Cheese New. 16! 17c; Young Americas,
169 20c ,
Hecelpts Flour. 0S0O quarters: barley.
29HO centals; potatoes, 50OO sacks; hay, 173
tons.
Chicago Dairy Produee,
CHICAGO, March 5. Butter Lower.
Creameries. 23fi?30e.
Eggs Lower." Receipts 4S13 cases: at
mark, cases Included. 272,ViC; ordinary
firsts. 27i'27lic: firsts, 27ViS;Sc.
Cheese Unchanged.
HOT HELD
Gain in Stocks Checked by
Chesapeake Break.
STEEL SHARES STRONG
New Haven Develops Strength In
Later Dealings and Closing- Tone
Is Steady Coppers Influ
enced by Trade Keports.
NEW YORK. March 5. Closing quotation
today showed general losses, which were the
largest among the railroad storks. The mar
ket made a small advance in the early trad
ing, cndar the stimulus of active speculative
buying. The steel stocks. yesterday'
strong points, were again the favorites.
A severe break in Chesapeake & Ohio ef
fectively checked the movement. The pro
vision of the Chesapeake & Ohio note issue
calling for expenditures of $17,000,000 for
improvements in the next five years before
dividends are paid caused the stock to sell
down.
Canadian Pacific and Baltimore A Ohio
showed decided weakness at times . and
Reading. Lehigh, Union Pacific and other
stocks also gave way materially. New Ha
ven developed marked strength in the late
dealings.
Copper shares were heavy on less favora
ble trade reports. Texas Company con
tinued to advance, reaching a new high rec
ord at 145i. ' t
Bonds were irregular. Some iasues yielded
sharplj'. Total sales, par value. $2,63.000.
United States coupon 4s advanced H on call.
CLOSING STOCK QUOTATIONS.
Reported by J. e. Wilson & Co.. Lewis
building. Closing
Sales.
High.
74
21 Vi
305,
93
Low. Bid.
Amal Connor
10, 101
73
74
Am Beet Sugar
Am Can Co . . .
1.90O
3,500
100
20
.10
93
20 V4
30
93
0V4
44
67
102
J01V
11 1 vt
12()
245
35
122
97
100
90
93
20!) 4
38
12Vi
i:i.-.
102H
32
305
41 '4
33 Vi
23
133V4
395
13
194
29 V4
146 Vi
.".6
127
110H
15
0 Vi
104
26
149
13
HVi
131 .i
lSVi
25
132V4
121
9014
27
102
69 !
112
24 Vi
28
87
111
121
165V4
88
26
r.'i
94
25',,
148
158T4
83 Vi
20 Vs
65
110
04
2
63
70
do preferred..
Am Car & Fdy.
Am Cotton Oil-
Am Smel A Ref
do preferred..
Am Sugar ....
do preferred. .
Am Tel & Tel. .
Am Tobacco . ..
Anaconda
Atl Coast Line..
A T & Santa Fe
do preferred. .
Bait & Ohio . ..
Brook R Tran..
1.000 6S14 67 it
1.200
200
4H)
500
1,100
i',7o6
102
112V.
121
249 'i
36
'97V"
lOtV'i
91 V
94 20954
62
13.".' '
io:;h
33
'42 h
33
I01H
111
120 Vs
249
35
"87 V4
100
89
9:i
20S V.
5SV4
134 Vt
102 Vi
32
"41"
33
133 Vi"
JOO
.-..500
3.100
10.t)0
14.900
'466
Canadian Pac...
O & O
C & G W
C & X W
C M & St Paul
Central Leather
Central of N J .
Chino
Col Fuel & Iron
Col Southern . .
Consol Gas . . ..
D L & W
l & R G
Distilling Securi
Erie
Gen Electric ...
Gt North Ore . .
Gt North pf . . .
T'iinoia Central.
Interboro Metro
do preferred..
Inter Harvester.
K C Southern..
Lehigh Valley..
Louis & Nash . .
Mexican Central
M. S P At S S M
Mo, Kan & Tex
Mo Pacific
Nat Biscuit
do preferred..
N Y Central . . .
N Y, Ont & Wes
Norfolk & West
North America.
Northern Pac ..
Pacific Mail
Pacific T & T. .
do preferred..
Pennsylvania ...
People's Gas . ..
Reading
do 1st pf ....
Republic S & I.
Rock Island Co
Southern Pac ..
Southern Ry . .
1.30(1
8,800
' iidoo
900
300 134
1.200
1,800
400
ion
2.900
' V.O00
2,000
"ioo
1.200
20 'i
29
147
36
128?4
"iiiii
6Hs
"is"'
150
19 Vi
29 4
146Mj
36
127 V-
"is"
60 Vi
'ia''
149
200
S00
800
133 ',i
18
2C
132 '4
IS'i
25 VA
5.200
'""966
' 2,3o6
100
100
' I.966
hV'.ioo
' 3.666
1.400
3.700
0 Vi
iodvi
112
24
28
lii"
ids' '
89
102
iiivi'
24 Vi
28
iii"
164'
"25
5
94 K
25
149
158
84 Vi
"4!4"
110
54
"63
71 .
5V4
95
2
1494
159
84
6S'4
110
55
G4U
71
400
1.200
18,000
Texas 011
Union Pacific ..
do preferred..
United Rds S F
200
U S Steel Cor. . 56,900
do preferred..
T'tah copper ..
l.soo
2,400
abash
Western Union. 2.300
Westing Elec. 600
Wisconsin Cent.
41
Total sales for the day, 32S.OOO snares.
BONDS.
NEW YORK, March 5. Closing quota
tions: U S ref 2s reg. . 97 tN Y C gen 3s. 82 B
do coupon ... 9SlNo Pacific 3s... Y4
U S 3s reg 102 INo Pacific 4a 95
do coupon 102 IT'nion Pacific -4a 97V4
U S new 4s reg. 112 .Wis Central 4s.. 87
do coupon . . . 112 4 1
6(M,lra at RftKtnn
BOSTON, March 5. Closing quotations:
,, JlUIV.v.. IKI
Allouez 41 Nevada Con 16H
Amalg copper.. 14 i:ipissing Alines
A Z L. & Sm... lOViiNorth Butte....
28 Vi
53
80
63
Arizona Com .. s tt old Dominion..
Pal X Arizona. . 674tOsceo!a .......
Cal & Hecla 430 iQuincy
Centennial 10'Shannon
Cop Ran Con CO ai ,u,perior
F. Butte Cod M. 11 Tamarack
29
41
41
49V4
Franklin VU S S R A M. .
Granby Con ... 84V41 do preferred..
Greene Cananea. 37 ttati con JUVi
10V4
I Royalle (Copj ri tun copper co. a
Kerr Lake 4:Wlnona 4V4
La Salle Copper 44 1 Wolverine 45
Money, Kxchangr, Etc.
NEW YORK, March 5. Call money
steadv. 12; ruling rate, 1; closing bid,
1&2.
Time loans firmer. Sixty days. 8; 90 days,
3V4: six months, 3V4 8i3.
Mercantile paper, 44V4: sterling ex
change, easy; 60 days, $4.8850; demand,
$4.8585; commercial bills, $4.824.
Bar silver. 58V4C
Mexican dollars. 45'4c.
Government bonds firm; railroad bonds
irregular.
LONDON, March 6. Bar silver, firm,
!7d. Money. 1 Vi S 2- Short bills. 2V4: three
months, 22 7-16;
SAN FRANCISCO. March 5. Silver bars.
580. Mexican dollars, nominal. Drafts,
sight .03, telegraph .06. Sterling in Lon
don. 00 days, $4.S34; do, sight. $4.86V4.
Coffee and Sugar.
NEW YORK. March 5. Easier European
cables and continued large Santos receipts
appeared responsible for an opening decline
of 5 to 8 in coffee today. There was some
scattering liquidation of September, which
was well taken around the opening figures,
but offerings otherwise were restricted by
reports of a steady cost and freight situa
tion and the market rallied on covering or
local bull support. The close was steady.
1 to 3 points net higher: sales, 33.000 bales.
March. 8.76c;, May, 8.94c; July, 9.12c; Sep
tember, 9.2Sc: October. 9.33c; November,
9.33c; December, 9.43c: January, 9.46c;
February. 9.50c
Spot, steady. Rio, No. 7, 9c; Santos, No. 4,
llc. Mild, dull; Corvoda, 1316V4c, nom
inal. Raw sugar, steady. Molasses sugar, 2.30c;
centrifugal, 3.01c; refined, quiet.
YARD PRICES STEADY
CATTLE SELL WITHIN FORMER
QUOTATION RANGE. .
Top Grade Hogs are Takes at fS.60
and f 8.65 Sheep Market
Is Quiet.
The livestock market continued fairly
steady veste-rday. with an average mid
week run, and sales were made within the
range of prices already established. Trad
ing was devoid of feature.
Seven or eight loads of cattle were dis
posed of. steers bringing from $6.25 to $7.40,
with the bulk of sales at $7.25 to $7.40. The
butcher cattle offered was mainly poor.
Most of the early business was in the hog
division, where top grade light hogs found
buvers at $S.60 and SS.G5.
Two bunches of fair-grade lambs were
sold at S.30.
Receipts were 1S1 cattle. 633 hogs and
sheen.
Shippers were: Thomas Sharpe. Redmond.
2 cars cattle; Talbott & Son, Boulder, 2
cars cattle; C. Quarntance, Boulder. 2 cars
cattle: Nagal Bros.. .Eltopia. 1 car cattl
aad 1 car bogs; Rice & Busey, Sheridan, 1
ADVANCE
ear hogs: V. B. Decker. Joseph, 1 car hogs;
Cotton A Overton. Halsey. 1 car hogs: H.
J. Harris. Redmond. 2 cars hogs; Arlington
Lumber Company, Condon. 1 car hogs; Fred
Weise, Redmond. 2 cars sheep.
The day's sales were as follows:
Wt. Price. I
Wt. Price.
S3 steers .1243 $7,401
1 steer
25 cows
7 cows
30 6.25
21 steers .1138 3.40
984
5.59
1 stag ...1220
1 stag .. .1S60
1 cow . . . 800
6.50
6.&0I
4.00
- cows
3 steers
2 steers
3 steers
.1055
.1195
.1115
.11X7
.1271
. 490
. 94
69
. 7
3.00
7.25
7.00
7.35
T.?5
7.60
4.75
6.30
6.30
4.75
8.15
.25 :
4.00!
12 cows
6 cows
24 ateAra
69 hogs
I hog .
.31 hogs
1 hog .
2 hogs .
SO
. . 930
. 90:
. .. 158
... 170
... 110
... 270
:.. 310
. .. 121
. .. 3M0
. .. 193
. . . 216
. . . 383
. .. 178
2.501
S. 751 24 s(?rs
8.55 1 hog .
8. 001 92 ewes
8.00,24(1 lambs
7.55il9o lambs
8.uii 1 ewe
SO
79 hogs
I hog . .
97 hogs .
90 hogs ' .
3 hogs
14 hogs .
Current
classes of
8.2o 1 hog 33(
8.1UI 03 hots .... 172
8.00 1 cow 100O
8.65 1 stag 94(
T.5 1 bull ... ir.no
8.UOI 1 bull 1220
8.6O
li.00
5.50
5.00
5.25
loca, quolatlous
on
he various
livestock follow:
Prime steers ........... 17.60317.78
Choice steera 7.400 7-M
Medium steers ................. 7.006 7.23
Choice cows ................... 6.356 7.0
Medium cows L00 6.25
Heifers 0.000 T.23
Light calves 8.009 9.00
Heavy calves 6.003' 7.50
Bulla 4.00 B.60
Stags 0.00(3 7.00
Hogs
Light 8.000 8 65
Heavy - 7.000 7.65
Sheep
Wethers 600 6.10
Ewes 8.50) 6.00
Lambs B.OOtf U.85
Omaha Livestock Market.
SOUTH OMAHA, March 3. Logs Re
ceipts. 10.5OO; market, lower. Heavy $S.25
tS.33; light. $8. 10 8.30; pigs, 7)8;- bulk
of sales, $s.20pS.30.
Cattle Receipts, 3500; market, strong.
Native, steers, $7.50(fi'9; cows and heifers,
$(i.25(ijS.25; Western steers, $6.25to8.25; Tex
as steers, $5.H5cgi7.65; range cows and heif
ers, $5.757.25; calves. $7.75-ii' 10.22.
Sheep Receipts. U500; market, lower.
Yearlings. $6.257; wethers, $5.506.25;
lambs, $7 7. 75.
, Chicago Livestock Market.
CHICAGO, March 5. Hogs Receipts, 23,
000; market, slow to Cc under yesterday's
average Bulk of sales, $ti.45$r8.55; light.
$8,356)8.60; mixed, $8.35 S.U0 ; heavv, $8.20
&S.60: rough. 8.20ih)8.K5; pigs. $7.35 7.40.
Cattle Receipts. 4500; market, steady to
strong. Beeves, $7.20ri 9.75; Texas steers,
$7.10i8.10; Western steers. $R.S0&8; Block
ers and feeders, $5.50 $18; cows and heifers.
$3.654j8.55; calves, $7 (All.
Sheep Receipts, 22,000; market, steady.
Native, $4.8566.25; Western, $4.856.25;
yearlings. $5.857.10; lambs, native, $6.75
6)7.65; Western, $6.75(817.80.
Xondon Wool Sales.
LONDON, March 5. At the wool sales
today 12,600 bales were offered. The buy
ing was eager in all sections, including
America, and the market was firm, with
hardening rates. The sales were as fol
lows: New South Wales. 2100: scoured. Is &
2s 5d; greasy, 6Vidls 4d.
Queensland. 1000; scoured. Is 4Vid2s
6d: greasy, 7Vidls 2d.
Victoria. 2BOO; scoured, is a2s uvsa;
greasy, od&ls OVid.
South .Australia, 800; greasy, 8Vidls
2.d.
West Australia, 600; greasy, 7V4d
Hid.
New Zealand, r,500; scoured, Is 3Vd
la 9d; greasy, Sdls 3V4d.
Metal Market.
NEW YORK. March 5. Copper, unsettled.
Standard, spot and April, 13.50 14.00; elec
trolytic. 14.S7V4 '0-i4.au; lake, numinat; cast
ing. 14.00 14.12V4.
Tin steady. Spot, 37. U5 38.20; June, 38.2j
038.60.
Antimony dull. Cookson's, 7.25.
Iron quiet, unchanged.
Lead, quiet, 3.95 4.05c; London, 19 17s
6d.
Spelter, quiet, 5.25 5.30c ; London, 21
10s.
Naval Htores.
SAVANNAH. Ga., March 0. Turpentine
firm at 45c. Sales, none; receipts, 2; ship
ments, 9: stocks, 15,206.
Rosin firm. Sales. 1292; receipts, 1578;
shipments. 1179; stock, 110.711. Quote: A.
B. C. D, E, F, $3.93; G. $3.02 V4 3.08 '4 : H.
$44.02V4: I. 4.0a; K, $4.15; M, $5: N,
$3.08; WG, $6.05; WW, $6.50.
Canadian Loan Not all Taken.
IXNDON. March 5. The underwriters of
the $25,000,000 Canadian government loan
have been left with 78 per cent of the Issue
on their hands.
Dried Fruit at New York.
NEW YORK, March 5. Evaporated ap
ples, quiet and firm. Prunes, firmer; Cali
fornia, 34 12c Peaches, steady.
Duluth Linseed Market.
DULUTH, March 5. Linseed,
May, $1.55; July, $1.57Vt.
$1.54:
Hops at New York.
NEW YORK, March 6. Hops Steady.
TEACHERS WILL ENTERTAIN
Portland Educators to Be Hosts to
Those of County.
The Portland Grade Teachers' Asso
ciation has arranged to entertain all
the teachers of Multnomah County Sat
urday at their headquarters.
Members of the association enjoyed a
dinner at the Hazlewood after the meet
ing: Wednesday. Speeches were made by
Miss Leida Mills, ex-president of the
Grade Teachers' Association of Wichita,
Kan.; Miss Violet Batelle. chairman of
the committee of teachers who suc
ceeded in raising the St. Paul teachers'
salary to $1200 a year: L. R. Alderman,
city superintendent of schools, and O.
M. Plummer, of the Board of Educa
tion; Miss Grace DeGraff, president of
the Portland Association, and Miss
Alice Joyce, who leaves In April to
study in Germany.
DAILY METEOROLOGICAL REPORT.
PORTLAND. March 5. Maximum temper
ature, 51 degrees; minimum, 43 degrees.
River reading at 8 A. M 9.0 feet; change
in last 24 hours, 0.6 foot fall. Total rainfall
(3 P. M. to 5 P. M.), 0.14 Inch; total rainfall
since September 1, 1913, 30.86 rnches; normal
rainfall since September 1. 32.58 inches; de
ficiency of rainfall since September 1,
1.72 inches. Total sunshine March 5. none;
possible sunshine, 11 hours, 21 minutes.
Barometer (reduced to sea-level) at 5 P.
M., 30.40 Inches.
THE WEATHER.
STATIONS.
Baker
Boise
Boston
Calgary
Chicago
Denver
Des Moines.
Duluth
Eureka
Galveston
Helena
Jacksonville ...
Kansas City
Los Angeles.
Marshfle.ld
Medford
Montreal
New Orleans. . .
New York
North Head
North Yakima.
Phoenix
Poeatello
Portland
Roseburg
Sacramento
St. lx)uls
St. Paul
Salt Lake
Ran Francisco. .
Seattle
Spokane
Tacoma
Tatoosh Island.
Walla Walla...
Washington
Winnipeg
WEATHER CONDITIONS.
A large high-pressure area overlies the
North Pacific and Northern Rocky Moun
tain States.. A disturbance of moderate en
ergy is central over Wisconsin and a secondary-
disturbance overlies the South At
lantic States. Light misting rain has fallen
In Western Washington and Oregon, and
rain, heavy in places, has fallen in the East
Gulf and South Atlantic States. Snow has
occurred in Minnesota and In portions of the
adjoining states. No marked changes have
taken place In temperature anywhere in the
United States.
The conditions are favorable for generally
fair weather In this district Friday.
. FOP.ECASTS:
Portland and vicinity Fair, winds mostly
northerly. ' , . ,
Oregon and Washington Fair. variable
winds, mostlv northerly.
Idaho Fair. '
HOWARD A. BEALS, District Forecaster.
iS 0 Wind
g .03
S " IH
3 ilw
c - 5 State of
3 ,5 o weather.
I If ?
"!'
4S0.01 4NWiRain
500.00 4'NW Cloudy
46'0.00 6 SIS Cloudy
42j0.0O 4SE Pt. cloudy
42:0.00 8,s Cloudy
:io0.0s USE Pt. cloudy
4610.00 S NW Cloudy
:;o 0.r61S:NE Snow
5(i0.01'24)N Clear
5810.001 8 S Clear
420.001 SlW Cloudy
64!0.712SW Clear
50,0.00122 NW Pt. cloudy
80 0.00 8'W Clear
5810.021 4 NE Cloudy
H4IO.0OI 4;NW Pt. cloudy
2SO.0O MjW Clear
5'j'O.Oll 4 NW Cloudy
4o!0.00 4;SB Cloudy
4;0.02! 4SW Cloudy
.-.rt'0. 00 4'NW Clear
80,0.00 6 W Clear
42'0.O0 4'W Clear
510.14! liNW Cloudy
62)0. o:: 4!XVV Cloudy
Tojo.nof 6 NV.' Clear
52 (l.ofl'10 NW Clear
30;0.14;i21N Snow
4S'O.OOl 4 NW Cloudy
72 0.00) 6 W Clear
48 0.01 1 4 NE Rain
4S 0.00 6 W Cloudy
4SI0.0OI 6N Mist
4UI0.04 22 E Rain
34;o.oo( 4'S ' Cloudy
36 0.12 R)NE Snow
340.J2 20;NW Cloudy
THE UNITED STATES
NATIONAL BANK
PORTLAND. OREGON
UNITED STATES DEPOSITORY
Capital . . . . $1,000,000
Surplus
3. C AITS WORTH, FrestdeaC
H. LEA BARN ES, Vice-President. W. A- HOLT, Aasrt. Cashier.
A. M. WRIGHT, AHt Caaaler.
R. W. SCHintEll, Cashier. p. S. Dick, Aaat. Cashier.
First M
Capital $1,500,000
Surplus v$l,000,000
Oldest National Bank West of the Rocky
Mountains
CORNER FIRST AND WASHINGTON STS. '
LADE) & TILTON
BANK
Established 1859
Capital and Surplus $2,000,000
Commercial and Savings Deposits
RECORD CROP SURE
Chicago Market Weakens Un
der Fine Wheat Prospects.
DAY'S LOSS HALF CENT
Kansas Estimate Could Shrink 25,
000,000 Bushels and State Would
Still Have Immense Yield.
Coarse Grains Heavy.
CHICAGO. March 5. Prospects, which
appeared so excellent Cor the Winter crop
that millions of bushels loss from the pres
ent Indications would still leave a record
yield, made the wheat market today fall
under bearish control. Prices finished
heavy at a decline of CS)c to c net.
Corn showed a loss of U-&c to c and
.oats 4c to c. Provisions wound
up with a gain of 2JTic to l()c.
Kansas grave the keynote to speculators in
wheat. Advices from that state declared the
growth conditions to be such that even 23,
OOC.000 bushels' shortaee there from any
unforeseen developments could not deprive
the commonwealth of a crop totaling 125,1
000.000 bushels.
Although corn at first showed consider
able disposition toward an advance, the
market later suffered from a decided break.
Oats weakened with corn.
Shorts in provisions had to bid up prices
before packers and other longs would come
to the rescue. The most urgent call , was
for lard.
The leading futures ranged as follows:
WHEAT.
Open. Hiph.
Low.
.9-'
.l)2i
.87
Close.
.9-'5i
.'2i
.87
May
May
July
. .93'i .SS
.85 Vi
CORN'.
.67
May
July
.67 H
.66H
.Oti
.HS'4
OATS.
.40'i .404
.40 Vi .1014
MESS PORK.
May
July
.4'i
.4(l'i
-S'J '
May
July
..21.40 21. .10 21.:; U 21.47'i
. .21.47 la 21.05 21.45 21.55
LARD.
..10.60 10.70 10.60 10.70
..10.!2!i 10.S7V4 iO.SO mS74
SHORT RIBS.
..11.41) 11.45 ll.?.7Vi 11.42V4
.. 11.52 'i 11.57V4 11.50 11.57 Vi
May
July
May
July
Cash prices were:
Wheat No. 2 red, !4 c fl 95c; No. 3 red,
9:;rilte: No. 2 hard, flift'c; No. 3 hard,
yiVsti"-c; No. 2 Northern. K4ifr&5c; No.
S Northern, 2;i'a85c: No. 2 Spring. W4 Vi t
!5'-c: No. " Sprinu. !2 Vj 6 94 4c.
Corn -No. 3, (JOVj 64 yc: No. 3 white,
li'JUblSc; No. 3 yellow. 62c.
Rye No. 2, HO if 61 Is v.
Barley, 4t( 'a" Cc.
Timothy. t:t.7." ! J.2".
Clover, jlo.'Sfi 1".7.'.
Puget Sound Wheat Markets.
SEATTLE. Wash.. March 5. Wheat
Bluestem. Sc: fortyfold, S9c; club. SSc; fife.
Ssc: red Russian. S7c.
Yesterday's car receipts Wheat 42. oats
13. barley 7. hay 7, flour 5.
TACOMA, Wash., March 5. Wheat Blue
stem, 9Sc; fortyfold. SSVifoSSc; club. 8Sc;
red. S7c
Car receipts Wheat 32. barley 1. oats 1.
hay 2.
San Frani iwo Grain Market.
SAN FRANCISCO, March 6. Spot quo
tations: Walla Walla, -1.60IBL61 '4 : red Rus
sian. 1.5Si 'if 1.60: Turkey red, 1.62'
The
Canadian Bank
of Commerce
HEAD OFFICE
Toronto, Canada. '
Established 1867.
general banking
transacted.
business
Interest paid on time deposits.
Letters of Credit and Travelers'
, Checks Issued.
PORTLAND BRANCH, .
Corner Second and Stark Sts.
F. 0. MALPAS, Manager.
r
$1,000,000
OFFICERS
ational Bank
I.r; blucstpm, Jl.sna l.671,i : feed barley.
i 1.1'J i to l.li; brewing barley. nomlnu;
while oats. $1.37 Vs 1.30: bran. tZZ 'g 23.50 .
middlings. $30ih31; shorts. Sl&.bOtn
Call board sales Barley, firm. ( December
tl.loy.; Mav, 31.I7U bid, $1.20 asked,
April. Jl.li bid; July. new. J1.0S bid. (LU
asked.
European tlrain Markets. I
I)XDON. March J. Cargoes on passage j
firmly held.
English t-ountry markets, steady. French
country markets, steady.
LIVERPOOL,. March 5. Wheat Spot
steady. Futures, steady. March. 7a 3d.
May. 7s 3Vtd; July, ts 3'Jd.
Minneapolis Grain Markets.
MINNEAPOLIS. March 5. Wheat. No. 1
hard. 93c: No. 1 Northern. See: No. 2
Northern. SS'rtSOc: No. 3 wheat, fco7a87V3C;
May. 90(r90Vfec. July. & 1 1 i e.
FIBS. 1.52V1..VV; hurley, 43S3c.
Cotton Market.
NEW YORK, March 5. pot cotton quiet.
Middling. l:l.0Oe: gulf. 13.2.'c.
Better Security
for Your Papers
A tin box, desk, bu
reau drawer or iron
safe may keep your pa-
pers in ordinary securi
ty, but they are scant
protection against de
structive or evil agen
cies. Your papers demand
a b s o 1 u te protection,
which you can secure iu
. our Safe Deposit Vaults
at a cost of less than
one cent a day.
Security Safe Deposit
Company
Fifth and Morrison Streets
J. C. WILSON & CO.
STOCKS. BONDS. GRAIN AJiU COTTON.
MEMBERS
NBW YORK STOCK EXCHANGE,
Cl'ICAUO BOARD OF TRADE,
NEW YORK COTTON EXCHANGE.
THE STOCK A-NI BOND E-VCllA.VOr..
SAN t'KAXClSCO.
PORTLAND OFFICE:
Lewis Building, 269 Oak Street.
Phones Marshall 3858. A 4187.
Swift & Company
Union Stock Yards. Chicago, March 6, 1914
Dividend No. 110
DiTidmdofONEDOLLARandSEVENTY-FIVE
CENTS (11.75) per share on the capital stock
of Swift & Company, will be paid on April 1st.
1914. to stockholders of record, March 10, 1914, as
shown on the books of the Company.
F. S. HAY WARD, Secretary
TRAVELERS' GUIDE
TO SAN FRANCISCO. LOS .ANGEIJSS
AND SAN 01t(,0.
S. S. ROANOKE
ffEBXKWBAV, MARCH 11
COOS BAY AND EUREKA
S. S. ALLIANCE
StiVDAV, MAUCII S.
NORTH PACIFIC STEAMSHIP CO.
. Ticket Office. i! Freieht Office.
122A 3d St. Columbia Dock. I t
Main 1314. A 1814 II Main 3203, A (42
American-Hawaiian S. S. Co.
TcbuaBtepec Route."
PORTLAND SEW VORK
Fit E I r; HT CKRVICK
REQtEJiT '3II.IOS
LOW RATKS-SCHKDULE TIME.
C. D. KEWKDV, Aarent.
270 Stark Street.
TRAVELERS' GCIDE.
HAMBURG. AMERICAN
largest SS.Ca
Over 4C0 Ships
3,819
WORLD M. -
TONS
' i
COMING
XKAVEL BY
World's Largest Steamships
"IMPERATOR"
81 feet 52,000 Tons)
March tl.
April IS.
May IB.
June 6.
June i:.
July 18.
"VATERLAND"
(950 feet 58.U00 Tons)
June ltf, Aiiltuxt 1
July 7, August
LONDON,
PARIS, HAMBURG H
and the
Kaioeiin Ana;. Vic. Mar. 12. 10 A.M.
!i(.t Waldereee.Mar. 14. 11 A.M.
4rS"rrtorla Mar. 19. 3 P.M.
Imperalor March CI. 1 P.M.
Afuerika Mar. 26, 1(1 A. M.
i'Jd cabin only. Jliamburc direct
MEDITERRANEAN
Madeira, Cithrulttir, Algiers.
Naplet, OfDoa.
S. S. Hamburg April 4. 3 I'.M
S. . .lloltke April 1ti. 3 iM
S. S. Hjtinlmrg. . .May :t F M
S. S. Moltke June 2. 3 1. M.
Will not call at Alaileiru oi
Algiers
CRUISES to the
H Land of the Midnigat San
Scotland. Orkney an-1 K:;r k
Island a, Iceland., tSpilzLiertr:.
North Cap:, Norway.
I It OH IIAHBl Kti
Dining JlNK.JlLY and Al HI ST
Victoria Iule." "Kronprinieftii-:
'erilie nnd 4Meteor.
It In -.'6 DAYS S,rU IV
Write for infirmtmn.
HAMBURG-AMERICAN USE
iOO Stork ton st., San Kr.in
Cisco. al. Southern pacific
Co. SO 6th St.. O.-W. R.
N. .o.. No. i'ar-iffe. D A
li. ti- T'.urltngtou
How l e, Milwaukee
tvget Sound It. tt.
M. North. Ky..
Dorsey H
Smith. Ud A:
Wash. sis.
I'ortlurM
Or.
GERMAN
London Paris Bremen
Bremen f Bremen direct). Mar. I!
Frina t'ried'h Wilhelm. .War. til
KronrinzcMn Ceeelie. . Mar. 2t
tK. Wilhelm der t.roNe.Mar. 31
liurbHro-sii Itrcncn direct Ap.'J
KaJaer Hilhelin II Apr. 7
Sails at 1 A. M. i. Carrie.
(II) and till) cabin only.
Carries no I or 1 1 1 cal tin.
Bremen direct.
Bait .more- Bremen direr! .
One cabin (lit Wednesdays
Sailings on SATURDAY fur
THE MEDITERRANEAN
Berlin
Prinzes. Irene..
.Mur. 1 I
.Mar. '-18
The North iermn I.lo.vd
landed more p;w4engerN,
1 irst Cabin, Seeond abhi
and St pert jce in the port of
New York during !!!: than
any nt her line, ref tea ting Hn
marvelous record tf lUl'-i.
Through rates from Egypt, India
Now York to FA K KAST and
SOUTH AMERICA via Europe.
Independent Trips. A KOI'ND
First-class UOKI.II
throughout fR'O.ttj a I p
Traveler Check ;ood
All Over the World.
OELRH'HS O.. Gen. Airls.
o Broadway, X. V.
Robert Capelle. O. A. P. C.
2oO I'owell St.. near yt.
Francis Hotel and Oea
lotal ajents. Jl . ?!
Europe I
Steamer Service
STi:SIKR IIASSALO Leaves
Portland. Ash - street Dock,
dailv, ex'-ept Saturday, at S:l
P. SI. Arrives Astoria 6:00 A. M.
ie & v e s Astoria, daily, except
Sunday, at 8:00 A. SI. Arrives
Portland, 5:00 P. M.
Make reservations Ash-street
Dock or City Ticket Office.
Third and Washington.
Phones Slarshall 4300, Ai:i.
SYDNEY1 9
(AUSTRALIA WEATHER FiNE
3 AM OA AND SHORTEST LINE
(SOUTH SEAS QUICXEST ThV.E
! Splendid stesmers. Lloyds 100A1. (10.000 ton displjof
Sydney Short Lint sail im every two weeks.
5110 BOMOLULU (K3S?DcK -TOO $338
Kound trip, second class. SYDNEY $200.
Various torn i- uding Java, China. Japan and ROUE.
t!rs World. Senu lor fd-ier. . ,.,.
OCEANIC $. S. yi0 7J Marktt St. SA! FRANCIfC
S.S. RKAK For
SAN FRANCISCO
LOS ANGELES
4 P. SI. Slareh 7.
The han Kranrix-o & Tort land S.S. I n.,
3d and Washington Sts. (with O.-W. R.
N .o. Tel. Marshall 4,'iW, A lll'Jl.
LlMJI BAT LINK.
Stromihiu Break wuter
Sana from Ainswortb dock. Portland, at
p M. every Tuesday evening. Freight r-
eived until 12 O'CLOCK (NOON) ON
l.SG DAY. Passenger fare: Firsl-ciass.
strcond-ciaas Imeb only). $7. Includtn
bcrth and meals. Ticket office at LO'E
AINtiWURTH DOCK. PORTLAKL it COOS
BAY STEAMSHIP LINE. U H. KEATIuV
Alat- Phone Mala (teuO. A VtU.
MM' 7,IVlA
GOING I
I OR 1
(;' -
IU..-.;
V.V..
l.'-y ;