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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (May 3, 1900)
V ?3I THE MORNING OEEGONIAN, THURSDAY, MAT 3, 1900. 11 COMMERCIAL AND The first two days of a. month can hard ly be considered as accurate crlterlons lor those that are to follow, but the- new auonth has made a good start, and there is no apparent reason why it should not be maintained. The weather for the past 'week has been admirably adapted to the needs of the farmers, and especially In. the lowlands of the Willamette Valley, where wet weather retarded farm work, rapid progress has been made in Increas ing the acreage under crop. In wheat and wool, the-state's two great staples, there is but little change tot note. The iormer Is moving a little all the time, gen erally under pressure, but moving Just the 6amo. "Wool is coming Into the ware houses, and thus getting where It can be of service as collateral, but there is not much selling as yest There has been quite an Improvement In the demand for pota tatoes, and while It Is not easy to secure strictly first-class stock, there Is still an Immense Quantity of poor to medium stock to come out. Oregon strawberries are coming In, but It will "be a week be fore they are at all plentiful. "WHEAT With scant two months of the season remaining, the dullness which has been a noticeable feature of the wheat market for several weeks past " is 'natural ly somewhat Intensified. The interest In the situation Is gradually shifting from the old crop to that which is growing. It does not necessarily follow from this that matters are at a standstill, for the accumulations of wheat at tidewater for overdue ships, and others near at hand, is unusually large for May 1. This will make a good showing for shipments for the rest .of the season, but there is a de cided absence of Incentive to work new business, the attitude of both farmers and shipowners rendering it impossible to handle anything at a profit or even with out a loss. A disengaged ship in the river has steadily refused 40 shillings for nearly two weeks, and as it has bothered some of the exporters to rustle cargoes for vessels which were chartered at 40 shillings, and even less, they can hardly be expected to take hold of anything at a higher rate. With such an 'unsatisfactory state of af fairs. It is a difficult matter to make accurate-quotations, prices being governed entirely by the immediate needs of buyers. Sales-of Walla Walla have been made as high as 54 cents within the past two days, and there has also been some sold at 52 andi 53 cents. "Valley is generally quoted at 52 to 53 cents, and bluestean at 56 cents.' It would be a difficult matter to put this wheat in a ship at the rates now asked by owners and come out even, with the foreign markets In their present weak condition. May shipments from Portland promise to be quite large. The first day of the month started off wlth'an Immense flour cargo for the Orient, repre senting over 200,000 bushels of wheat, and "there will be another cargo nearly as large before the end of the month. These, with at least half a dozen straight wheat car goes, will bring the month's shipments up to very large proportions for a late Spring month. Crop conditions in the Northwest continue perfect. In other portions of the United States the situation Is thus re viewed by the Cincinnati Price Current: "The best growing weather of -the sea son prevailed the past week over the Win ter wheat section, and also, with the ex ception of a few limited areas, over the entire country. Itains have been general and copious, and temperature mild, forc ing the growth of all vegetation. Previous condition of the wheat plant Is being fully malntained, and If it has no setback in the next few days It will enter the month of May In a higher condition than it did the month of April. There continue to come reports of extensive plowing up of wheat land In Ohio, Indiana and Michigan, supporting our previous intimation that 30 per cent of the wheat area In these etates might be expected to be plowed up. Most of this area will go to Increase the average of oats and corn. The situation with regard to Spring wheat, while re flecting a lock of desirable moisture in some sections, is without feature of an ad verse or unfavorable nature. "There is no Indication of any material change In regard to the interior movement of grain, which generally is moderate to light. In Ohio and Indiana there Is still a tendency to hold wheat for better prices, and in Ohio there Is considerable thus held back. "Beerbohm's review of the foreign crop situation of April 12 stated that the weath er had been more genial. The wheat plant was by no means promising, however, as it developed. In France the lack of grow ing conditions was becoming more serious and complaints were numerous from the north and northeast The conviction eeemed to be growing that the crop was likely to be less than last year. In Bel gium, Holland and Germany milder weath er had been experienced, but the crops were backward, and complaints were re ceived, particularly on rye. In Austria Hungary the crops wintered badly, and In Roumanla the crops were unsatisfactory. Reports fronx'jRussia were of a noncom mittal character." WOOL A few straggling lots of new clip wool have been received, but any thing like a quantity which would enable an accurate quotation to be made has not yet changed hands, and quotations are ac cordingly nominal. The" market In the East Is Inclined to weakness, and the big buyers, including the "trust," have de creed against wool that has been dipped in any lime solution, a feature which will not be appreciated by Oregon growers. The New York Journal of Commerce, un der date of April 2S, has the following re garding the situation: "There is too great a difference between the ideas of buj er and seller in the local wool market to permit of much trading were the disposition to do so present. There is more or less of a deadlock be tween those who have any desire for wool and those who have It to selL This is on the surface, and the condition that is generally observable to the onlooker, though It Is likely that below the surface there have been transactions which are not reported in which there has been con siderable of a weakness on the part of the seller. There is undoubtedly a much stronger feeling in the interior than in the seaboard markets. In the former section it Is almost Impossible to buy new wool elthor on the sheep's back or sheared at nnythlng like reasonable figures, as gauged by the recent ruling prices In the seaboard markets. Shearing Is substan tially completed In many sections, and In others It has advanced to a late stage, so that something definite may be learned about the size and character of the clip. "The demand In local circles is exceed ingly limited and confined entirely to re asserting requirements. The condition of the woolen goods market is unsatisfac tory, and as long as manufacturers con tinue Just so long are they likely to re main out of the market. It is evident that some of the largest buyers entering the field would caue a general influx and would put prices back again, but It Is cer tain that buyers will remain out of the market as long as Jt Is possible for them to do so. with the hope of further de pressing values." POTATOES AND 05CIONS There was a slight bulge in the potato market a few days ago. but it did not extend to any thing, except strictly first-class stock, and even that was worked up to CO 'and 65 FINANCIAL NEWS cents with difficulty. The demand being quickly satisfied, the market weakened, and yesterday 60 cents was the extreme figure quoted for best Burbanks. with some dealers turning them down at any thing over 50 cents. Nearly all of the select stock has been sold, but there Is still enough ordinary stock In the country to prevent much of a show of strength, no matter how great the demand may be. High-priced onions are a thng of the past for this season, as new California are plentiful at 3 cents per pound, with prospects favorable for this price to be cut in two by the time the next steamer arrives. FRUIT Oregon strawberries are In the market, whole crates of 'era. Not a great many crates, to be sure, but enough to make a market. They sold yesterday at 35 cents per pound, and there was no mad and excited rush to get them, so that the price today will probably be lower, and tomorrow will bo still more so. The Cal ifornia berries which came to hand yes terday were very fine stock, and sold at $2 and $2 25 per crate of 15 boxes. Some California cherries are in the market at $1 50 per box. Bananas are still plentiful, and another carload of oranges was re ceived yesterday. There are a few ap ples in the market, but they are held at fancy prices. The Oregon strawberries which have thus far reached the market came from Southern Oregon, but they will be plentiful next weak from points nearer at hand. BUTTER The "fancy selects" with an established reputation, and a gilt-edged trade, have succumbed to the Inevitable, and yesterday there was no butter on the market that would bring over 35 cents, and there was not a very fine line of dis tinction drawn between the common store butter and pretty fair grades of creamery. There is a splendid demand for all of the good store butter that comes to hand at 25 cents, while It is difficult to move much of the creamery at anything In excess of 00 cents. San Francisco buyers are tak ing up the store butter; but the markets In California seem to be pretty well sup plied with creamery stock, EGGS The egg market Is booming, with the demand in excess of the supply. A few sales were made early yesterday at 14& cents, but later in the day, when, the scarcity becamo more pronounced, the price was advanced to 15 cents straight, and at that figure everything offered was taken. There Is a demand for shipment to a number of outside points; and this, with the local demand. Is making a very stiff market, which may yet result jn bringing out some of Jbe stocks recently placed in cold storage. Eastern eggs are now coming Into the San Francisco mar ket, and the Sound Is also placing orders from that quarter. POULTRY The chicken market is in rather a depressed condition, owing to heavy receipts, and only a moderate de mand. The best stock will not bring much if anything in excess of $3 per dozen, although' a fancy coop occasionally sells for halt a dollar more. Springs are in big supply, and sell over a wide range of prices, running from Jl CO for the smallest to as high as $4 50 per dozen for large, well-conditioned birds. There is some de mand for young geese at $S and $9 per dozen, but old geese are slow at 16 and 57 per dozen. Ducks are selling In a small way at $5 and $6 for old, and S7 and $S for young, the latter figure for fine, large birds.. . Banlc Clearing. Exchanges. Balances. Portland $314,316 $97,523 Tacoma 101.C90 44.037 Seattle 300.310 CS.OM Spokane 1S1.S90 "3.072 POHTIiATiD MARKETS. Grata, Flour, Etc. Wheat Walla Walla, 53c; Valley, G2ff33e; bluestem, 50c per bushel. Flou- Best grades. $2 CO 3; graham, ?2 50; superfine, $2 10 per barrel. Oats White. 350SOc; gray, 32333c; stained. 2930c per bushel. Barley Feed. $14014 50; brewing. 1C10 50 per ton. MUlstufta Bran. $12813 per ton; middlings, $16019; shorts. $13315; chop. $14. Hay Timothy, $8310; clover. $757 50: Ore con wild hay, $G$7 per ton. Batter, Eggs, Poultry, Etc. Butter-Fancy creamery. 30S5c; store, 22 Si per roll. E,jgs 11014Uc per dozen. Poultry Chickens, mixed, $44 50 per dozen; hens. $4 505; ducks. $07: geese. $8810 yet dozen; turkeys, live. 15c; dressed. 17 18c per pound. Cheese Full cream, twins. 1213c; Touni America. 14c per pound. Vegetable, Frnit, Etc Vegetables Parsnips. C0S75c; carrots1, 50c; turnips, CO 75c; onions, 3c per pound for new, CQ7c for old; cabbage. 00cj?$l per cen tal, potatoes, 403S0c per sack; peas, 4c; bean, ll912c; asparagus, 45c; new potatoes. 2Q2&C per pound. Fruit Lemons, $2 5033; oranges, $303 23 pet box for navels, $2 per box for seedlings; pineapples. $4 50C per dozen; bananar. $2 5( 33 per bunch: Persian dates'. 7H$Sc per pound; strawberries, $1 5032 per crate for California, 35c per pound for Oregon. Dried fruit Apples, evaporated. 738c pel pound: sun-dried, sacks or boxen, 4Cc: pears sun and evaporated. 530c; plums, pltless, 4d 5c: prunes. Italian. 3i35i4c: silver, extra choice, 5 & Cc: figs. Smyrna. 22c; California black, 530c; do white, 10c per pound. Groceries, Xnts, Etc. Coffee Mocha. 23328c; Java, fancy, 20332c. Java, -good, 2024c; Java, ordinary, 16320c Costa Rica, fancy. lSgOc; do good. 1C1Sc; dt ordinary, 10312c per pound; Columbia, roast, $12 25; Arbuckle's. $13 75; Lion, $12 75 per case. Sugar Cube. $5 72H; crushed. $3 725: pow dered. $5 72U; dry granulated, cane. $3 22V,; beet. $3 12; extra C. $4 72; golden C. $4 00; net; half barrels, c more than barrels; map! sugar. 15310c per pound. Beano Small white. 3c; bayou. 4c; Lima, C per pound. CULLISON&CO. Stock, Grain Provision V BROKERS Direct Wires to New York Stock Exchange. Chicago Board of Trade 214-215 Chamber of Commerce Portland, Oregon Salmon Columbia river, 1-pound tails. $13 I 50; 2 - pound tails. $232 50; fancy. 1-pound flats. $1 6531 75; -pound fancy flats, S5395c: Alaska. 1-pound tails, $1 2031 30; 2-pound tails, $1 9032 25; Grain bags Calcutta, $6 703G 75 per 100 for spot. $6 iZUjQn 25 for July-August. Nuta Peanuts. 67c per pound for raw, 10c for roasted; cocoanuta. $0c per dozen: walnsla 10311c per pound; pine nuts, 15c; hickory nuta 7c; chestnuts. 15c: Brazil, lie; filberts. 15s fancy pecans. 12314c; almonds. 15 Q 17c per pound. Coal oil Caee,- 21c per gallon: barrels, 17c: tanks, 15c Rice Joland. 6c; Japan. 6c; New Orleans, 45c; fancy head, $737 50 per sack. Hops, "Wool, Hides, Etc Hops 28c pw pound. Wool Valley, 12 0 13c for coarse. lC31Sc for best; Eastern Oregon. 10315c; mohair, 20327c per pound. Sheepskins Shearlings, 15320c': ehort-wool, 21 035c; medium-wool. 30350c; long-wool. GOcCJl each. Pelts Bear skins, each, as to size. $5315; cubs, each, $135; badger, each. 50c; wildcat, 25375c; housecat, 5325c; fox, common gray. 40c3$l; do red, $1 7533 50; do cress, $2 503C; lynx. $234 50; mink. 40c3$l 75; marten, dark Northern. $5310; do pale, pine, $234; musk rat. S312c; ekunk. 53S0c; otter (land). $4 3S; panther, with head and claws perfect, $133: raccoon, 25350c; wolf, mountain, with head perfect, $3&0&5; wolverine, $25030; beaver, per akin, large, $037; do medium, per ekln. $45; do small, per skin, $132; do kits; per skin, $133. v Tallow 535c; No. 2 and grease, 334c pet pound. Hides Dry hides. No. 1. 10 pounds and up ward. 15315c; dry kip, Xo. 1, 5 to 10 pounds, 15c per pound; dry calf, Xo. 1, under 5 pounds, 15310c; dry salted, one-third less than drj flint; salted hides, sound erteers. 00 pounds and over. S39c; do 50 to 60 pounds, 8GSc; da under 00 pounds and cows. 743Sc: kip, 13 to 21 pounds. 73Sc; do veal. 10 to 14 pounds. 7c, do calf, under 10 pounds. 7c: green (unsalted), lc per pound leas; culls (bulls, stags, moth eaten, badly cut, scored hair slipped, weather beaten or grubby), one-third leas. Meat and Provisions. Mutton Gross, best sheep, wethers and ewes, sheared $3 5033 73; dressed, 77c per pound; spring lambs, 535Hc per pound gross. Hogs Gross, choice heavy, $3; light, $4 50; dressed, 53Cc per pound. Veal Large. 037c per Bound; small. S3 Sc Beef Gross, top steers, $44 50; cows, $3 5034 ; dressed beef. 6H373ic per pound. Provisions Portland pack (Shield brand): Hams, smoked, are quoted at 13c per pound; picnic hams, 0c per pound: breakfast bacon, 13c; bacon. ac; backs, 9c: dry salt sided. Sc; dried beef, 17c per pound, lard. G-pounl palls. 10c; 10 -round palls, 3c; 60s. Oc; tierces. OJjc per pound. Eastern pack (Ham mond's): Hams, large. 13c; medium, 13J4c. small. 13Jic; picnic hams, 0c. shoulders, &c: breakfast bacon, 12c; dry salt sides, 8J 9c; bacon sides. 9104c; backs, 10c; butt. Sc lard, pure leaf, kettle rendered, 5s, 10ci 10s. lOJic. SEW TORIC STOCK MARKETS. Sngar Afforded Speculators Their Only Opportunity -for HnslncHs. XEW YORK, May 2. There were no trans actions of any importance in the stock market today. Sugar opened at last night's price, and moved up at one time 4 points, closing with a net gain of about 4. Tho constant fluctua tions of this stock offered the room traders about their only opportunity for securing a turn during the greater part of the day, and they traded In It constantly in and out, help ing on the aggregate of sales recorded In the stock without making any Impression on the stock transfer books of the company. Xews of the stock consisted of rumors without verifi cation. There is undoubtedly a feeling of drad among speculators that there may be a sudden and sensational development regarding the steel Industrials, and thoso stocks are sonsltlve to every passing rumor. They were all weak today, Tennessee Coal dropping at one time U points. The rally In the group indicated that short selling was largely responsible for tho de cline, and no very large offerings were brought out by the drop. Xong Island moved up 0 0:1 top of. yesterday's 10 rise, and saved a net gain of 0 points. American Express gained 8 .points. OuUlde of these special movemanu the market generally was excessively dull. The announcement of further gold engagements for tomorrow's French steamer of $2,100,000 was the signal for a. general selling movement. It had been taken for granted that large exports of gold would be made by Saturday's steamer, but the additional shipment by tomorrow's steamer, bringing the total to $2,000,000, was a surprise. This shipment Is bolieved'to rrp sent a triangular operation; that It to say, on London's order to meet a demand on that center. Among the exporters are some who have strenuously held that no profit could be made in exporting gold at the highest figures yet touched, for exchange and the rate for de mand sterling today was c on the pound lower than the highest rate touched on the movement. It Is fair to assume, therefore, that some concession has been offered to make a margin of profit on the transaction; but, in any event, the metal Is recognized as being in effect a loan. It Is evident that the need of money here in active trade has not kept pace with the cur rency expansion. Tho low rate of money, coupled with the largo loans of Xcw Tork banks, and their small surplus, reflect the eagerness of capital to place credits, but the demand for credits is not sufficient to absorb the supply, so capitalists must look abroad, whero Interest rates rule higher. This coun try's large gold production and the present cutting off of the Transvaal gold supply makes us the source of supply for the money metal. The net result Is that we afe not only re fraining 4rom calling home merchandise cred its, but are shipping cut the money metal to meet the needs of foreign markets. The bond market was dull and Irregular. Total sales, $1,438,000. United States refunding 2s, when Issued, advanced per cent, and the 3s. old 4s and new 4s per cent in the bid price. BONOS. U. S. 2s. ref.....103 I Gen. Electric 5s.120 U. S. 2s, reg 0y'AX. T. Central lsts.HOi do 3s. reg 109 Xorth. Pacific 3s... U7ii do 3s. .coupon.. .109 I do 4s 103 do new 4s. reg.,133iOregon Xav. lsts10)J do new 4s, coup.l3oV, do 4s 103?4 do old 4s. reg...H4VtOregon S. L. 6s.. ,Vt do old 4s, coup..l!4k do con. 5s H45i do 5s, reg 112tfRJo Or. West, lsts to do 5s. coupon....llJV4,St. Paul consols...l71 Disc Col. 3-03S...121 St. P. a & P. Istsl20 Atchison adj. 4s.. 83Tj, do 5s 121 C & X.W. con. 7sl43 iCnion Pacific 4s...l05 do S. F. deb. 5.llUWIs. Central lsts.. 904 D. & R. G. lsts-.-lOliSouthera Pacific 4s 834 do 4s -OOfcil When Issued. . STOCKS. The total sales of stocks today were 450.SO0 shares. The closing quotations were: Atchison 25i4UnIon Pac pref... 74 do pref 5!j Wabash sS Bait. & Ohio S2 do pref 2214 Can. Pacific 94i Wheel. & L. E.... 10 Can. Southern ... SSU, do 2d pref 27 Ches. & Ohio 294 J Wisconsin Central. lo5 ChL Gr. Western. 13Vi!P. C. C. & St. L.. 51 C. B. & Q 124iThird Avenue IotK ChL. Ind. & L.... 25 1 EXPRESS CO.'S. do pref 53 fAdams 125 ChL & East. III...I00 lAmerican 153 Chicago & X. W..161HI United States .... 46 C., R. L & Pac. .107 WellK-Fargo 123 C.. O C. & St. L. 00 MISCELLAXBOUR. Colo. Southern ... 6 lAmer. Cotton Oil.. 35i do 1st pref 42 J do pref iyZ do 2d pref. lOVlfAmer. Malting ... ;! OeL & Hudson. ...114 do pref 21. DeL. Lack. & W..177 ,Amer. Smelt. & R. 3tP4 Dtnver &. Rio Gr. 19J do pref gs do pref OOVi Amer. Spirits .... 2U Erie 124. do pref 17 do 1st pref SaVAraer. Steel. Hoop. 21 Ireat Xorth. pref.l55.j do pref 70 Great Hocklntr Cnal 1 Amer. Steel 8z W SS Hocking Valley Illinois Central Iowa Central .. .. 39 ..113 00 prei 7G-i Amer Tin Plate.. 24 do nref tt .. 171 . 50 :JAmw Tobacco ...103 Kan. C, P & G Lake Erie & W. do pref ....... Lake Shore Louts. & Nash.. . 1 29. 93 210 SIS 1 do pref ..130 Anaconda Min-Co" 44 urwmyn it. T j,i Colo. Fuel Sz Iron.. 39a Cont. Tobacco .... 29U Manhattan El -" ... "" F ......... ol 82 net. &t. Ky lWVi, federal Steel 40 Mexican Central.. K do pref OMA Minn. &. St. Louis 3 (Gen. Electric 139 do pref 94 j Glucose Sugar .... 50i Missouri Taclfic .. 5S do pref 93 Mobile & Ohio.... 42 Int. Paper 23H M.. K. & T 111 do pref (2 do pref 34'j,La Clede Gas 73 Xew Jersey Cent.llAU Xational Biscuit .. 31 Xcw York Cent...lS3V do pref SI Xorfolk & West.. 37Xational Lead .... 21 do pref 79i do pref lKSs Xorthem Pacific. 57, National Steel 32 do pref 73.i do pref ......... i3' Ontario & West... 22UJX. Y. Air BraVe...l23 O. R. & X 42 iXorth American .. 14"i do pref 7 .Pacific Coast 49-J Pennsylvania 1331 do 1st pref...... St Reading 18j do 2d pref CO do pref 5&tilPacific Mall 32 do 2d pref .TO! People's Gas 103U Rio Gr. Western.. 50 (Pressed Steel Car.. 4C do pref . Stf do pref. . 79 St. Louis & S. Fr. 10?il Pullman Pal. Car.lS4 do 1st pref 63 I Stand. Rope & T.. 51 do 2d pref ilSugar 110 St. Louis & S. W. llWl do pref ,...111 do pref 29?;iTenn. Coal A Iron. 79 St. Paul 117fIU. S. Leather 13 do pref 172j do pref - 70)& St. Paul & 0 119 IU. S. Rubber 30 Southern Pacific .. 33? do pref 93 Southern Ry 13 (Western Union ...-81 do pref ........ CiTy,! Republic Iron & S. 15Vt Texas & Pacific... 1SV, do pref 55 Union Pacific .. 55sj Fore I kb Financial Xewji. XEW YORK, May 2. The Commercial Ad vertiser's London financial cablegram says: Business was quiet In the markets here t day. and the tone was dull. Consols dropped ' on the hardening of the contango from "4 to 4. although the war-loan contango eased from 5 to 5. Americans hung at parity all day. There Is no Initiative In them here. The fail ure of the Pennsylvania directors to Increase the dividend caused no surprise here; but th.R strikers are disliked. The close was sagging. Copper shares were weak on Parts heaviness, Tintos belne down to 55. ex dividend There was no gold movement. Call money was In strong demand, and bills were steady and scarce. The bank renewed a few loans, and lent mora money, besides doing a large busi ness in discounts. Silver was l-16d harderat 27d. Xew York still refusing to sell under 27 9-lOd, at which price there were qorne con--' tractions. The market looks hard. c . - Money, Exchange, Etc. SAX FRAXCISCO. May 2. Sterling on Lon-don-60 days, $4 85; do sight, $4 KK Mexican dollars lS349c Drafts bight, 17c; do telegraphic, 20c XEW YORK. May 2. Money on call, 232 per cent; last loans, 2 per cent. Prime mercantile paper 44 per cent. Sterling exchange Steady, with actual bus' ness in bankers' bills at $4 S3 for demand and at $4 S4 for 60 days; posted rates, $4 85 4 85 and $4 89; commercial bills.' $4 63g 4 84. Silver cerlIflcates-C03C0c Mexican dollars 17c Bonds Government, strong; state, Inactive; railroad. Irregular. LOXDOX, May 2, Money 3JJ per cent. "" Consols 100 15-10. 1 Stocks in London. LOXDOX, May 2. Atchison. 27U; Canadian Pacific, 97; Union Pacific preferred. 70: Xorthem" Pacific preferred, 77; Grand Trunk, 8; Anaconda, 9. THE GHAIS MARKETS. SAX FRAXCISCO. May 2. Wheat and bar ley, quiet. Oats, steady. Spot quotations wero. Wheat Xo. 1 shipping, 05c; choice, 03c; mill ing. 97c3$l. Barley Feed. 71ttT3?ic: brewing, S0S2c Oats Gray, Oregon, $1 0731 12; milling, fl 151 17; red. 05c3$l 20. Call board sales: Wheat Culet; December, $1 03; cash, 95c Corn Large yellow, $1 151 20. - Chicago Grain aa Frodnce. t CHICAGO, May 2. Considerations presented at the beginning of the session in the wheat pit were the strength of Liverpool, drought in the central area, and frosts In sections of the West and Southwest. The Liverpool trad ers appeared to have concluded, as has the bull party In Chicago, that Argentine ship ments had passed their wonted maximum, and that with only that country and America to depend on for seven-eighths of their wheat until next September, there was danger in lowering their bids below the present leveL Brokers acting for elevator peopl -were active changing buying May and selling July at 13c difference. May, therefore, was stronger' than July. July closed c, up. and May gamed ViGHc Corn was firm, but not generally active, July closing unchanged. Oats were firm. May especially, so. July closed He higher, at 23323ric; May, fcc higher, at 2223c Provisions were weak, and the trade In hogs especially quiet, although there was a spurt of nervous activity early. The opening showed a set ere break, and great Irregularity In price. Hog receipts wero heavy, and the market at the yards weak. There was ua particular de mand, and plenty of stuff for sale, and In consequence there was llttla recovery. July pork closed 42c under Monday, at $12 17; July lard, 20c down, at $3 95, and July, ribs, 17e depressed, at- $0 77-. - l ' The rule limiting trade in futures on tho Board of Trade to GO days went into eflect to day. The leading futures ranged as follows. WHEAT. Opened. Highest. Lowest. Closing. May $0C5 $0 65H "$0C5 $0 65 July 07g 07 677, 07 CORX. May 39 40- 39 40ii July 41 41 40'. 41 September ... 41 414 41 41 OATS. May 22U 23 22 23 July 23 23 2o 23H September ... 22i 23 22 JEfc, MESS PORK. May 1190 12 10 1185 12 00 July 1210 12 45 12 05 1217 LARD. May 690 090 087 090 July 090 702 090 693 September ... 0 95 7 02 0 90 0 07 SHORT RIBS. May 0 72 0 75. 6 70 3 72 July C72 6 82 0 72 0 77 September ... 0 72 0 75 0 70 0 75 Cash quotations were as follows: Flour Steady. Wheat Xo. 3 Spring, C37c; Xo. 2 rod, 65c Com Xo. 2. 40S40c Oats Xo. 2. 23323c; Xo. 2 white, 29 27c; Xo. 3 white, 25Q2Cc Rye Xo. 2, f3c Barley Xo. 2, 40343c Flaxseed Xo. 1, $1 7G. Timothy seed Prime. $2 40. Mess pork Per barrel, $11 40312 10. Lard Per cwt., $0 S736 92. Short ribs Sides, loose, $0 C5g0 90. Dry salted shoulders Boxed, 00ic Short clear sides Boxed. $7 207 30. Butter Firm; creameryr 12J18c; dairy. 1215c Cheese Firm. 10312c , Eggs Finn, lie Receipts. Shipments. Flour, barrels 3S.000 23.000 Wheat, bushels 51.000 115.000 Corn, bushels ..,, 32SjOOP 711,000 Oats, bushels 503,000 104.000 Rye. bushels 8.000 J.0O0 Barley, bushels 49,000 8,000 Jfefr York Grain nnd Produce. XEW YORK, May 2. Flour Receipts, 15,832 barrels: exports, 17,879 barrels. Market activo. "Wheat Receipts, 80.025 bushels; exports. 00, 399 bushels. Spot, firm; Xo. 2 red, 7Gc I. 0. b. Options were slow all day, but through con tinued strength. In cash property were not bur denKl with sellers, and ruled about steady. English markets were firmer and the Continent was lower. Light frosts in the West alarmed shorts to some extent. The close was steady at a partial c net advance. May closed at 73c;-July, 73c; September, 74e. Wool Dull. Hops Quiet. Enropean Grain Markets. LOXDOX. May 2. Wheat Cargoes on pas sage, nominal, unchanged ; English country markets, quiet. LIVERPOOL. May 2. Wheat Firm; wheat and flour In Paris, weak; French country mar kets, quiet; spot, dull; No. 1 California, 6s 4d& Cs 4d; Xo. 1 Xorthem Spring, 5a lld. Fu tures, quiet; May, 5s 9d; July, 5s 9d. , Com Steady; American mixed, new, 4s 3d. Futures, quiet; May, 4s 3d; July, 4s ld; September, 4s ld. SAX FRAXCISCO MARKETS. SAX FRAXCISCO. May 2. Wool Spring Xevada, 14810c per pound: Eastern Oregon. 13 016c; Valley, Oregon, 20322c Fall Xorthem, mountain. 10312c: mountain, 8310c; plains, SSlOc; Humboldt and Mendocino, 14315c Hors 1S99 crop, 11313c per.pound for choice. Mlllstuffs Middlings, $17320: bran. $12313 per ton. Hay Wheat. $0 50310: wheat and oat. $1 39; best barley. $57; alfalfa. $536 CO; stock, $5tJ5 60; compressed wheat 5730 50 per ton; straw, 25340c per bale. Potatoes Early Rose. COgCSc: River Bur banks. 40375c: Oregon Burbanks, 70c3$l per cental; sweet potatoes. $2 2532 40 per cental. Vegetables Onions, $1 2532 per cental, gar lic 23c; green peas, $131 25 per sack; string beans, StfSc, dried okra, 32c per pound; asparagus. $lg2 per box; egs plant. 8310s p-r pound. Apples Choice. $1 23: common." 50c Citrus fruits -Oranges, navels. . $1 2533 50; Mexican .limes, $435; common California lem ons, 51 2531 50; do choice, $1 2531 50 per box. Downing, Hopkins & Co. Chicago Board of Trade New York Stock Exchange Brokers Continuous markat quotations at principal centers of trade received over our own wires. Branch offices at Seattle. Tacoma, Spokane, "Walla Walla, Colfax. Wash.. "Vancouver and "Victoria, B. C Room 4. Ground Floor. Chamber of Cormntrcj. Both Tclephonu. CAPE NOME S S. GEO. W. ELDER, ' S. S. NOME CITY , -". S. S. DESPATCH . . ' The above f irst-class steamers will sajl every 10 days during the season for Cape . Nome, York' and St: Michael and Yukon River points. First Sailing, May 24 FOR HATES AXD IXKOHMATldrr APPLY T CALIFORNIA & OREGON COAST S; S. CO. F. P.. BAUMOARTNER, 253 Washfnaton St. TV. A. Mitchell fc Co General Aceati, San Francisco. Pacific Coast Steamship Co, wmfSkk for Cape Nome Gold Fields THE NEW PAXiATXAX. SrZSSL. STEAMSHIP M5eBter" wHl saH from San Francisco, Mayt-J. Seattle, May W. Subsequent trips will bo from Seattle direct namely: June 21, Jtriy 21 and August 20. Tne "Sesator" bu a. capcltrof 2S& tor-s, Her oonl cabin and rteerag mccccaraodatlorj are superior to fc. first -claoa accoaisaod&tlons of Tnoet of Ibt stetmen advtrtlsd for Noise. T&e Pacific Cceat Steamship Co. has been running Its stAiaere to Alaska winter and rcnv - mer for 23 rears, and la tbe pioneer Pacific Coast line. Seattle freight and pusenser rates ap " plr from Portland. ?or further rnformaUon laoulr of GOODAX.U PERKINS 4 CO., General ArwUJQjiarkat, .San Franclero, or X. POatoyArect. JgWflnnlTHtrw ., Portland. Or. . Bananas SI 25S3 25 per bunch. Butter Fancy creamery, 17cV do" Seconds, 1 lrt417c: fancy dairy. 10lTc;. do seconds, 15lCc per pound. ,. Cheese California, ner. 7Sc per " pound; Younir America. 8S9c; Eastern, lG17c Eggs Store, H15c; fangjr ,rancb, l&jp 17c; Eastern, 1515Hc per dozen." Poultry Turkeys, gobblers, ll12c; do hens, lZQUc per pound; old roosters, $4 2534 50 per dozen: young roosters, fOQl; small broilers; S2 &0O3 50; large broilers. 544 50; fryers. $3 60; hens, S533 50 per dozen; geese, $22 23 per pair. Receipt? Flour, quarter sacks, 18,080; -wheat, centals. 9010; barley, centals, 7700; oats, cen tals,, 570; beansr sacks, C25; corn, centals, 1200; potatoes. packs, 211; do Oregon. 2114; bran, .sacks, 300; middlings, sacks, 15; hay, tons, 270; -wool, bales, 21S; hides. 33T. EASTEIMf IilVESTOCIC. CHICAGO. May 2. Cattle Receipts, 1700. Steers steady to 10c lower, butchers' stock fairly active at about 10c lower; natives, best on sale today, one carload at 5 50; good to prime steers, $4 75Q5 70; poor to medium. $405; selected feeders, $4 2585; mixed stock ers. S3 C0Q4 10; cows, $304- 40; heifers. $3 25 Q4 90; canners. $2 202 SO; bulls. $2 754 25; calves, weak. S4C. Texans Fed steers, $4J 5 2u; bulls, S3 2593 75 Hogs Receipts today, 35,000; tomorrow, esti mated. 25,000; left over, 7000. Market 10c lower: top, $5 37J4; mixed and butchers, S5 15 Q5 35; good to cholco heavy, S5 2535 37$, rough heavy, S5 10g5 20; light, $505 30; bulk of sales, S5 2035 30. Sheep Receipts, 17,000. Sheep steady, lambs weak and 10s owr; sheared sheep and lambs now preferred; good to choice wethers, S3 25 5 CO; fair to choice mixed. $4 C035 25; West ern sheep. $5 2505 CO; yearlings, S5 5OS0; na tive lambs, $5 5027 15; Western lambs, JUS 7 15 per cwt. OMAHA. May 2. Cattle Receipts, 2600. Market active; native beef steers, $465 23; cows and heifers, $3 G084 65; canners, S2 25? 3 50; stockers and feeders, S3 7535 15; caUes, $3 50tf7; bulls and stags, $2 0034 10. Hogs Receipts, SS00. Market 510c lower; neavy. $5 175 30; mixed. $5 155 17; light, $5 03g5 17K: bulk of sales. $5 155 20. Sheep Receipts, 4400. Market steady; fair j to cnoice nauvts, $o 3nru; iair to cnoico west erns. $5 20&5 75: common and choice sheep, f 3035;,lambs, fCQii 00. KANSAS CITY. May 2. Cattle Receipts, 7000. Market 510c lower; Texas steers, $4 30 Q4 00; Texas cows. $31 15; native steers, ?4 I gj 15? native cows and heifers, SI 5004 50; stockers and feeders, S3 5095 30; bulls, S3 15 iyt per cwt. Hog3 Receipts, 13,000. Market 310c lower; bulk of sales, $5 15&5 30; heavy, $5. 15 Q 5 30; packers, $5 10ff5 275; mixed. $3 12H5 23; light, $4 0035 13; Yorkers, S3 10S5 15; plg3, S4 70F3. Sheep Receipts. 3000. Market weaker; Iambs 'sold at S5 75g 60; muttons, S3 7385 CO. The Metal 3Iarketn. NEW YORK. May 2. Trading was very slow In the market for metals today. Tin, how- HUDYAN in arms, feet, fig. limbs, Hndvan all - drnirsrlsts DOc a oackasre. does not keep Hudyan. send direct to kS0 ill 3KilPtB"a 11 WL ton,. Ellis and Market streets, San Francisco, CaL Consult Hudyan Doctors, Mormon BIshODa Pllla Church aa taeu iou wtn. S osintc.j SjSm of sdf-J&cse, dfrvpation. excesses, cr iOk Wp iiiinaHuauiBiumiinniiiu.marrikuiiu; zr-vrt2 oemon. varicocele. or Cons' sat OHi StODS Oulcknasa Cf Dls- BJT7 3 S charm. Stnn Mnr- VOU3.TwltcWn3 Of Eyolld. crerr r mrtion. Con. ret Cesooadct. rrtns, Stirsclatss the triia sd cerre coders. 50c a box, 6 Ar f 2 30 by malL hfiibiw a Mitten guarantee, to ccrs t aaneyrefcaded. with 6Jjoxcv. circulars tvte. Address, Bishop Remedy Co., Srm Francisco, Cal. ', For sale by Aldrlch Pharmacy. Sixth and Wanlritcn streets. Portland. Or. ever. In sympathy with better advices from Abroad, showed: some strength, closing firm. Lead continues unchanged, closing dull. Spelt er ruled dull. Lake copper was also unchanged. The brokers' price for copper Is $17 23. Plg Iroa warrants, weak. Lake copper, $17; tin. $30: spelter. $4 504 55: lead. $4 G74 725$. The firm that fixes the selling price for miners and smMters quotes lead at $4 45 at the close. Bar silver, 00c per ounce. SAN FRANCISCO. May 2. Bar silver, COftc LONDON, May 2. Bar silver, 27d. Boston. "Wool Market. BOSTON. May 2. The American Wool and Cotton Reporter will say tomorrow.: The wool market Is dull and In the buyer's favor, and but very few manufacturers havo been In the market during the past week. Manufacturers, In fact, are not ready to buy, and -vvni not be nurrled. They will not pur chase a pound of wool beyond current neces sity, with so many uncertainties in the situa tion. Including the possibilities of the London rales openln? at another decline. Coffee and Sugar. NEW YORK, May 2. Coffee Options closed quiet and unchanged; sales. 4300 bass. Includ ing September at $G 90; December, $7 207 25; January. T7 25. Spot, Rio, dull; No. 7, Tftc, Mild, quiet; Cordava. 013c Sugar Raw and refined, steady. The Imports of crude rubber to this country have In the last 30 yeafs Increased 431 per cent. r3eP53i53tS FEIJUSy, SECONDARY 03 TKTUR7 BLOOD POISM Permanently Cured. You can be treated at home under fame guaranty. If you ba-ve taken mer cury. Iodide potash, and still have aches and pains. Mucus Patches la Mouth. Sora Throat. Pimples, Copper-Colored Spots. Ulcers on any part of the body. Hair or Eyebrows falling out, Write COOK REMEDY CO. 1533 Masonic Temple. Chicago, 111, for proofs of cures. Capital. S500.C00. We solicit the most ob stinate casei. We have cured the worst casei la 13 to S3 days. 100-page Book Free. Ble 6 it a non-roifoinn remadr for Gonorrhoea, Gleet, Spermatorrhea, Whites, unnatural dii- 'CDKE charges, or anr lnnniina- iPrtTeau ecnugien. tion of mucous rnenr THEETmCHEir.(Ul.CO. branes. Eon-astringent. kCPiear.ATI,0. '"I Sold by DrnrsIitJ, or sent In slain wrapper. br expres, prepaid, fot ?1 CO, or ? bottler, $2.75. fcV Circular ctntion ractuit. I Ira SWWelTg a firs Arjfeji JSl M Ktek ES 43 E , .rifeS'rtjOfJAJl'"L Jh& J.4 ra. ft Makes You Robust, Hearty, Strong, BECAUSE Hudyan Creates Healthy Nerves and insures the correct discharge of every bodily function. Then why need you be a weak, despairing, sallow, irritable, nerv ous being, when a helping hand is ex tended toward you? Hudyan is the help, and it is within your reach. Hudyan gives strength and tone to 'the nerves and nerve centers. Hudyan gives a renewed impetus to the circulation and makes pure healthy blood. Hudyan is for people who have lost nerve force and courage, per sons who cannot sleep, persons who have Most confidence in themselves. If you have pains m shoulders, tig. i; pains fig. 2; cold hands, 5; shaky knees and hg. 3i or in pains fig. 4; palpitation of heart, fig. 6, then take Hudyan. Hudyan cures. Headaches, dizzy spells, general weak ness, pallor, tremblings, dots before eyes, twitching of facial muscles, sediment in urine, are promptly relieved and cured by Hudyan. Hudyan cures all organic weakness. six packages. $2 Mi If yo CO.. our druggist tho HUDYAN REMEDY cor. toci- Free of Charge. Write. ie teca la use oer o Tears br the Icin cfth usa cortj the worse cases is eld and j ucn? anslae from elects drusa - inoi.if. v-urei uost mannooa, im- iiia. rains trvnus iJft- Hcrrn us Immrauie. JKAVI laipartTifor aaa potency to x cava is at baad. tJi'.VJ Res:cw rr.n cr.ttfTebneil THE PALATIAL OREQONIAN BUI Hot b. dnrlc office In tbe bnlldlBSI absolutely; fireproof; electric lights nnd 'artesian water; perfect aaaita tlon and thorough -ventilation. Ele. vntors ran day and nisht. r Roocis. AXDEP.SON'. GUSTAV. Attoray-at-ta'nr...6i3 ASSOCIATED PRESS; E. I. Powell. Mgr..bO AUSTEX, F. C, Manager for Oregon and Washington Bankers' Life Association, of Des ilolnea. la 502-303 BANKERS' LIFE ASSOCIATION. OF DES MOINES. IA.:F. C. Austen. Manager..602-503 BEALS. EDWAIID A.. Forecast Official U. S Weather Bureau 010 BEHNKE. H. "W. Prln. Peraln Ehorthand School Ill BENJAMIN. R. W.. Dentist 314 BINSWANGER. DR. O. S..Pnys. & Sur.410-411 BROOKE. DR. J. M.. Pbjrs. & Surg 708-708 BRUERE. DR. G.E.. Physician 412-413-414 BUSTEED. RICHARD. Agent Wllaon &. ilc- Callay Tobacco Co. ,..r 602-60 CAUKIN. G. E., District Agent Traveler Insurance Co. ...T1S CARDWELL. DR. J. R 303 CARROLL. W. T.. Special Agent Mutual Reserve Fund Life Ass'n 604 CLARK. HAROLD. Dentist 314 COLUMBIA TELEPHONE COMPANT 604-C05-60G-607-613-614-G13 CORNELTCS. C. W., Phya. and Surgeon 209 COVER, F. C. Cashier Equitable Life 303 COLLIER. P. F.. Publisher; S. P. McGulre. Manager 413-418 DAT. J. G. & X. N. 31S DAVI3. NAPOLEON. President Columbia Telephone Co ,....,.601 DICKSON. DR. J. F.. Physician 713-71 DRAKE. DR. H. B.. Physician 512-513-514 DWYER. JOE. F.. Tcbaccoa -103 EDITORIAL ROOMS Eighth floor EQUITABLE LIFE ASSURANCE SOCIETY; L. Samuel. Manager; F. C. Covr. Casbler.30a EVENING TELEGRAM 323 Alder etreet FENTON. J D..Phyalclan and Surgeon.500-3ia FENTON. DR. HICKS C. Eye and Ear 311 FENTON, MATTHEW T.. Dentist 509 FIDELITY MUTUAL LIFE ASSOCIATION; E. C. Stark. Managr 601 GALVANI, W. H.. Engineer and Draughts man .... coo GAVIN, A.. President Oregon Camera Club. 214-215-21(5-217 GSART. DR. EDWARD P.. Physician and Surgeon 212-213 GlCSr. A. J.. Phyalclan and Surgeon... 709-710 GODDARD. E. C. & CO.. Footwear Ground floor. 123 Sixth street GOLDMAN. WILLIAM. Manager Manhattan Life Insurance Co. of New Tork 209-21Q GRANT. FRANK S.. Attorney-at-Law C1T HAMMAM BATHS." King fc Compton. Props.309 HAMMOND. A. B 310 HEIDINGER. .GEO. A. & CO- Pianos and Orgara .. ,.131 Sixth street HOLLISTER, DS. O. a. Phys. & Sur.. 504-303 IDLEMAN, C. M-. Attorney-at-Law.. 410-17-13 JOHNSON. IV- C." 315-316-317 KADT, MARK T., Supervisor, of Agents Mutual Reserve Fund Life Ass'n C04-603 LAMQNT. JOHN. Vice-President and Gen eral Manager Columbia Telephone Co 604 LITTLEFJELD. H. R.. Phys. and Surgeon.. 203 MACRUM. W. 3., Sec. Oregon Camera Club.214 MACKAT. DR. A. E.. Phys. and Surg. .711-712 MAXWELL. DR. W. E.. Phys. & Surg. .701-2-3 McCOT. NEWTON. Attorney-at-Law 713 McFADEN. MISS IDA E.. Stenographer 201 McGINN, HENRT E., Attomey-at-Law.311-3J3 McKELL. T. J.. Manufacturers' Representa tlve 303 METT, HENRT 218 MILLER. DR. HERBERT C. Dentist and Oral Surgeon GOS-G09 MOSSMAN, DR. E. P.. Dentist 312-313-314 MANHATTAN LIFE INSURANCE CO.. of New Tork; W. Goldman, Manager.... 200-219 MUTUAL RESERVE FUND LIFE ASS'N; Mark T. Kady, Supervisor of Agents.. 604-C05 McELROT. DR. J. G., Phys. & Sur.701-702-703 McFAHLAND. E. B., Secretary Columbia Telephone Co. .....803 McGUTRE. S. P., Manager P. F. Collier. Publisher 415-413 McKIM. MAURICE. Attorney-at-Law 300 MILLER & ROWE. Real Estate. Timber and Fanning Lands a Specialty ...700 MUTUAL LIFE 1NCURANCE CO.. of New York, Wm. S. Pond. State Mgr. .404-405-403 NICHOLAS. HORACE B.. Attomey-at-Law.713 NILES. M. L.. Cashier Manhattan Life In surance Co., of New Tork........ ..203 OREGON INFIRMART OF OSTEOPATHY; 1 Dr. L. B Smith. Osteopath 40S-409 OREGON CAMERA CLUB 214-215-210-217 PERNIN SHORTHAND SCHOOL; H. W. Behnke, Principal 211 POND. WM. S.. State Manager Mutual Life Ins. Co. of New Tork 404-405-403 PORTLAND PRESS CLUB 501 PORTLAND ETE AN DEAR INFIRMART. .., Ground floor. 135 Sixth street PORTLAND MINING & TRUST CO.; J. H. Marshall, Manager 519 QUIMBY. L. P.- W.. Gome and Forestry Warden ...- - 718-717 REED & MALCOLM. Opticians. 133 Slxst street REED. F. C. Flsl) Commissioner 407 RTAN. J. B.. Attomey-at-Law 417 SAMJJEL. L-. Manager Equitable Life 305 SANDFORD. A. C &. Co.. Publishers' Agts.31$ SCRIBNER'S SONS. CHA5.. Publishers.... 313 SHERWOOD. J. W Deputy Supreme Com mander. K. O. T. M.. ...317 SMITH. Dr. L. B.. Osteopath 403-403 SONS OF THEAMERICAN-HEVOLUTION.300 STARK. E. C, ExecutlVe Special, Fidelity Mutual -Life Association -of- Phlla.. Pa.....601 STEEL. G. -A.. 5jreet. Inspector. 213 STUART. -DELL. Attorney-aC-Law 617-013 STOLTE. DR. TrIAS. E.. Dentist 704-703 SURGEON OF THE S. P. RT. AND N. P. TERMrNAL CO 7QJ STROWBRIDGE. THOS. H.. Executive Spe cial Agmt Mutual Life, of New Tork.. ...403 SUPERINTENDENT'S OFFICE 20J TUCKER. DR. GEO. F., Dentist 610-611 TJ. S. WEATHER BUREAU 007-90S-003-51"" U. S. LIGHTHOUSE ENGINEERSV 13TH DIST., Captain W. C Langfltt, Corps of Engineers, U. S. A. SOS U. fi ENGINEER OFFICE. RIVER AND HARBOR IMPROVEMENTS. Captain W. C Langfltt. Corpa of Engineers. U. S. A..S19 WATERMAN, a H., Cashier Mutual Life of New Tork 403 retary Native Daughters 716-717 WHITE. MISS L. E-. Assistant Secretary Oregon Camera Club .... .214 WILSON. DR. EDWARD N.. Phys. & Sur.304-3 WILSON. DR. GEO. F.. Phys. & Surg. .706-707 WILSON. DR. HOLT C Phjs. & Surg.507-303 WILSON & McCALLAT TOBACCO CO.; Richard Busteed. Agent 602-CC' WOOD, DR. "W. L.. Physician 412-413-414 WILLAMETTE VALLEY TELEPH. CO... 613 A. few more elerrant offices mny lie had by applying to Portland Trust Company of Oregon, 109 Third at., or to the rent cleric In the tmildlng. MEN-NO CURE. NO .PAT THrJ MODERN APPLI. ANCE A punitive way to perfect manhood. Everthlng els falls. The VACUUM TREAT MENT CURES you without medicine of all nervous cr diseases of the generative organs. uch as lea' manhood, exhausting drains, vari cocele. Impotency. etc. Men are quickly re stored to perfect health and strength. Write for circulars. Correspondence confiden tial. THE HEALTH APPLIANCE CO.. roaa IT-SS'Sar Deposit building Seattle. WuL