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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (April 25, 1901)
THE MOKNTNG OHEGONIAN, THURSDAY, APEIL 25, 1901. 11 COMMERCIAL AND FINANCIAL NEWS Wheat and "wool are not moving very actively at the present time, although there is considerable amount of the for mer, and a record-breaking amount of the latter for sale if prices reacru the ideJ3 of holders. The salmon season is now 10 days old, but the catch has hardly "been up to expectations, although there Is so much gear in the -water, and so many engaged In the business, that the output In the aggregate Is of consider able proportions, and, as prices are much better than In some of the past seasons, the Industry Is placing In circulation a. large amount of money. The mohair clip Is moving out at a much more rapid rate than it did last year, when prices werematerlally higher. Oats are selling at the highest prices of the season, with a prospect for the bins to be pretty well scraped before an other crop is available. Barley Is also very Arm, with an upward tendency. Potatoes hav,e taken an upward spurt and are selling at the best prices of the season. The butter market is very soft and prices are approaching bedrock.tEggs are firm and poultry is weaker under heavy receipts and a light demand. Veal and pork are firm at full prices. Gro ceries are firm, with a good business reported. "Wheat There has been decided strength In the American wheat market for the past two days and the European market has followed to a certain extent. Dam age or alleged damage to the American crop is the principal cause of the strength, and according to reports the California crop Is In a serious condition in 'some sections, and unless there is rain very soon, will result in a much stronger market than that of yesterday. Iiocally there Is not much wheat selling, and that which, is "dribbling" out is changing hands at pretty mil values. As high as 59 cents was paid for Walla Walla yesterday, and there were the usual reports that even higher limits were out in the Interior. Despite these prices, some of the exporters, are still rustling for ships, and everything that comes along is taken up at pretty fair rates, considering the rates paid in other ports. There is considerable farm work still under way, and this has a tendency to retard any activity in wheat In the Interior, although a continuation of "yes terday's market would probably result In bringing out more liberal offerings. The freight situation continues very perplexing, and as a result there are but few ships being taken, exporters fearing the advent of steamers, and refusing to pay the price demanded for sailers. One or two have been taken up during the past week at rates slightly under those which prevailed at the opening of the 'season for new crop chartering, but for ear-by tonnage there seems to be a rather firm market, SSs 3d being paid for a ship for May loading on Monday. The Cincinnati Price Current, reviewing crop conditions throughout the territory of the Rockies for the week ending last Sat urday, says: The Winter wheat crop Is holding xtp Its previous very favorable condition. The temperature over moat of the area has been too cool and cloudy for rapid growth, and there has really not been much change In the situation during the past week. The Hessian fly has not made much Impression; wet weather is unfa vorable for fly development. However, the wheat louse appears to be spreading la Northern TeStas antTarts of Okla homa. According to a statement of a Government entomologist this Insect thrives In wet -weather. In a general way it may be 6ald that adverse reports re garding the wheat outlook are the ex ception. A week or two of warm, sun shiny weather would brobably determine definitely the outlook of the crop In re gard to injury by insects. Oats seeding has made some progress during the week, though it Is stll back ward, especially in the principal oats re gion west of the Mississippi River. It Is probable that the acreage will be mod erately less than last year, when It amounted to 27,363,000 acres. Corn plant ing has advanced as far north as Ohio and Southern Missouri; where it is al ready up the stand is not very good. Last year the corn acreage was excep tionally large, 83,321,000 acres, and It Is not likely that the acreage this year will fall short much If any below last year. The Interior movement of grain shows no particular change, being apparently about the same as last week. Wheat Is moving moderately and corn compara tively slowly, the holding sentiment con tinuing firm, as the feeding value of corn remains above the shipping basis. Oats and Barley Both of these cereals continue to show considerable strength. and prices are steadily advancing. Best white oats are selling up to $1 35 per cen tal, and gray sell around $1 25 and $1 30 per cental. Receipts arc very light, and stocks have been pretty well cleaned up in the country. Feed barley has advanced to $17 50 per ton, and Is steady at that figure for the best stock. Brewing Is nom inally the same figure, with but little de- mand for brewing" purposes. Potatoes Best Burbanks have shown quite an advance within the past week, and sales of choice upland stock have been made as high as 80 and 85 cents. The bulk of the receipts, however, sell for less money, the ruling figures being around G5 and 75 cents per sack. The demand from California is quite heavy. Butter The butter market is becom ing very soft, and stocks are accumulat ing in spite of the decline in prices. Best creamery does not move any too "freely at 17 cents, and dairy sells down as low as 12 cents, with store plentiful at 1011 cents per pound. There is but little out side demand for butter at this time, and as it has not yet commenced going into storage, the market Is in bad condition. Eggs Receipts are smaller this week, and there Is a firmer feeling, but sales are still being made at 14 cents per dozen. There is very little outside demand and the local demand takes up all that are offering. Poultry Old chickens are much weak er, and ?4 50 per dozen is an outside fig ure for them, with the bulk of the sales made at 50 cents to ?1 per dozen less. Springs are a little better, and rl2ge, well conditioned birds will bring $5 per dozen. Geese and ducks are In poor demand ex cept for young stock, which sells fairly well at quotations. Turkeys are nominal, with very light demand. Clearing-House Statement. , , , Clearings. Balances. Portland $337,524 ?,417 Tacoma 181,897 34.540 Seattle . 377,034 99.921 Spokane . , 181,43 54,380 PORTLA?TI MARKETS. Grain. Flonr. "Etc Wheat Walla Walla, E959J5c; blue Btem, 61c; Valley, nominal. ' , Fljur Best grades. $2 70$3 40; per bar rel: graham. 12 60. Oats White, $1 301 35; gray,, n 250 1 30 per cental. Barley-Feed, 717 25; brewing, $17 17 25 per ton. Millstuffs Bran. $16 per ton: middlings. 521 SO; shorts. $17 50: chop. 516. Hay Timothy, $12 6013; clover. 79 50; Oregon wild hay, $6f7 per ton. Vccretnblen, Fruit, Etc Vegetables Parsnips, $l 151 25 per sack; onions, $2 35&3; cabbage, $1 401 50 per cental; potatoes, 70S5c per sack; sweet potatoes. $1 75 per 100 pounds; new po tatoes, 224c per pound;" celery, 8090c per dozen; California tomatoes, $1 752 25 per box. Fruit Lemons, choice," $2; fancy. $2 50 2 75; oranges. $1 752 50 for naVei, $1 50 1 75 for seedlings, per box; pineapples, $44 50 per dozen; Bananas, $2 253 per bunch: Persian dates. 6c per pound; ap ples, $1 502 50; strawberries,' 15c per box. Dried fruit Apples, evaporated 5foc per pound; sun-dried, sacks or hoxes, 34c; pears, 89c; prunea, Italian. 57c; silver, extra -choice. 57c; figs, California blacks, 5c; figs, California white. 57c; plums, pltlesB. white, 78c per pound. Groceries, Nuts, Etc. Coffce-jMocha, 2328c; Java, fancy, 26 22c; Java, good, 2024c; Java, ordinary, 1S20cj Costa Rica, fancy, IS20c; Costa Rica, good, 16lSc; Costa Rica, ordinary, 1012c per pound; Columbia roast, $12 25; Arbuckle's $11 75; Lion, $11 75 per case. Rice Island, 6c; Japan, 5c; New Orle ans, 45c; fancy head. $7(ST7'50 Der sack. Sugar Cube, $6 35; crushed, $C 60; pow dered, $5 95; dry granulated, $5 75; extra C, $5 75; golden C, $5 25 net, half barrels c more than barrels; sacks, 10c per 100 less than barrels: maple, 1516c per pound. Salmon Columbia River, one-pound tails, $1 502: two-pound tails. $2 25250; fancy one-pound fiats, $22 25; -pound fancy flats, $1 101 30; Alaska tails, $1 1 25; two-pound tails. $1 902 25. Beans Small white, Fc: targe white. 5c; bayo, 3c; Lima, 7c; pink, 2c; red Mexican, 4c per pound. Grain bags. Calcutta, $6 506 75 per 100 for spot Coal oil Cases, 19e per gallon; bar rels. 15c: tanks. lSc. Stock salt 50s. $14 75; 100s. $14 25; granu lated. 50s, $20 DO; Liverpool, 50s, $21 00; 100s. $20 50; 200s, $20. Nuts Peanuts, 67c per pound for raw, 9c for roasted: cocoanuts, 90c per dozen; walnuts. lOailc per pound: pln nuts, 15c; hickory nuts. 7c; chestnuts, 15c; Brazil, lie; filberts, 15c; fancy pecans, 12 QUc; almonds, 1517c per pound. Batter. Esbtii, Ponltry. Etc. Butter Fancy creamery, 1517c; dairy, 1214c; store, 10llc per pound. Eggs Oregon ranch, 14c per dozen. Poultry Chickens, mixed, $3 504; hens, $44 50; dressed. ll12c per pound; Springs, $3g5 per dozen; ducks. $5 006 00; geese, $67 re,r dozen; turkeys, live, 10J 12c; dressed, "lS15c per pound. Cheese Full cream. tv.ins, 1313c; Young America. 13Jijj14c per pound. Meat and Provisions. Mutton Lambs. 5Z5c per pound gross; dressed. 9llc per pound; best sheep, wethers, gross, with wool, $4 254 50; sheared ,$3 75; dressed, 77c per pound. ,Hogo Gross, heavy, 5 'io&u; light, fl i5 5; dressed, 77c per pound. Veal Small, 89c; large, 7c per pound. Provisions Portland pack (Shield Brand) hams, 13c; picnic, 9c per pound, breakfast bacon, 1516Vic per pound; ba con, 12c per pound; backs. llc; dry salted sides, llc; dried beef, setts, 15c; knuckles, 17c; lard, 5s, 12c; 10s, llc; 50s, llc; tlerceB. llUc: Eastern pack (Ham monds), hams, large, 12c; medium, 13c; small, 13&c, picnic, 10c; shoulders, 10c. breakfast bacon, 1416c; dry salted sides. 1012c; bacon sides. ll13c; backs, 12c; butts, ll&c; lard, pure leaf, kettle rendered, 5s. 126c; 10s, 12c; dry salt bel lies, Iljjl3c; bacon bellies, 12&llc; dried beef, loftc. Beef Gross, top steers. $55 25: cows and heifers, $1 504 75; dressed beef, 7SHc per pound. Hops, Wool, Hides, Etc. Hope 1214c per pound. Wool Valley, 12fc13&c; Eastern Ore gon, 912c; mohair, 2021c per pound. 'Sheepskins Shearlings, VoftZQci ahort "wool,2535c; medium-wool. 2050c; long wool, 60c$l each. Tallow 3c; No. 2 and grease, 22&e per pound. x Hides Dry hides. No. 1, 16 nounds and upward 1415c; dry kip. No. 1, 5 to 16 pounds, 1415c per pound; dry calf. No. 1. sound steers, 60 pounds and over, 7Sc; do. 50 to 60 pounds, 77&c- do. under 50 pounds, 6437c; kip, 10 to 30 pounds. 6& 7c; do veal. 10 to 14 pounds. 7c do calf, under 10 pounds. 78c; green (unsalted), lc per pound less; culib (bulls sags, moth-eaten, badly cut. scored, halr sllpped, weather-beaten or grubby), one third less Pelts Bearskins, each, as to size. $5 20; cubs. each. $25: badger, each. 1040c; wildcat. 2575c; house cat, 520c: fox. common gray, 3050c; do rea. $1 502; do cross, $515; lynx. $2gS; mink. 59c$l 25; marten, dark Northern. $612; do pale pine. $1 502; muskrat, 510c; skunk, 23 35c; otter (land). $57: panther, with head and claws perfect, $23'5: raccoon. 30Jj35c; wolf, mountain, with head perfect. $3 50g 5; prairie wolf or coyote. 6075c; wolver ine. $47; beaver, per skin, large. $56; do medium, per skin, $37; do small, per skin. $12; do kits, per skin. 5075c. XEW YORK STOCK MARKETS. Speculation Wni Largely to Impress tlie Public Mind. NEW YORK, April 24. Among the many broken precedents which have been recorded In the present great Wall street speculation must be Included the scale and character of the professional manipulation for purely sentimental ef fect on the speculative public at large. No such fight against prevailing tendency In the market was ever before witnessed on the New York stock exchange as that of today. Some operators in the recent speculation are credited with the asser tion that there is no amount of stock which they will not buy In order' to sus tain the market for the protection of their favorite stocks. Such a statement in Wall street is al ways accepted with the allowances due to assertions palpably made for effect. Yet todays market gave evidence of astonish ing boldness and aggressiveness in sup porting prices by the expedient of sim ply buying everything that was offered. Prices were also boldly bid up In spite of the increasing weght of the selling on the advance. The burden of support seemed to grow too heavy toward the latter part of the day, although the market had been fairly brought to a standstill after the opening. In the latter part of the day, however, the bull pool seemed to con centrate attention more on the stocks CULLISON&CO. Board of Trade and Stck Exchange Brokers GRAIN PROVISIONS STOCKS and COTTON nODGHT AND SOLD FOR CASH OR CARRIED ON MARGINS ' 214-215 Chamber of Commerce Portland, Orcin which had been selected for the most ag gressive manipulation for sustaining ef fect on prices geperally and to impress the public mind. Union Pacific was the most conspicu ous of these, but the speculation also was very heavy in St. Paul, Northern Pacific. Southern Pacific and Burlington, though not largely dealt in, was very jealously supported. The total dealings in Union Pacific reached an aggregate of 662,800 shares. As the total Issue of the com pany's capital amounts to less than 960,000 shares of common stock, It Is evident that today's sales would have been sufficient to transfer the control of the company, had It represented actual transfer of stock In any large proportion. Add the sales of Monday and Tuesday with those of today and we have a total of 971,000 shares, which Is much more than he total com mon stobk issue. Yet no hint Is heard from any source that Union Pacific Is changing hands. In fact, there was no fresh news at all to account for today's violent rise In the stock, which had reached an extreme 8, closing practi cally at the top. This case is typical of the intensely speculative character of the recent enormous dealings In the stock market, although today's business was even more congested In a few stocks than at any time hitherto. In fact, the general market did not at any time fully respond to the manipula tion of the leaders. Union Pacific at the beginning of the last hour of the day was 'left alone In Its upward course the sell ing having embraced practically every other stock in the list. When Union Pa cific itself gave way the slump of prices became general throughout the list. In the principal active stocks, it amounted to from 2 to 5 points and' from 2 to 12 points all through the general list. This decline offered attractive profits to the room traders, and when Union Pacific made Its final spurt the covering by the bears caused some feverish rallies, but the closlug was erratic, with new points of weakness developing. The action of the market Is difficult to explain from any news of the day, an'd seemed to be wholly due to technical causes. There are those who believe that a very widespread feel ing exists that the speculation and the advance in prices have been overdone, and that there is danger of a' tight money market, which would force liquidation on an overstrained market. The disposition to draw in speculative lines and reduce commitments is trie outcome of this feel ing, but it is evident that It is contested by a very powerful combination of specu lative interests, who hope to renew the speculative activity and advance. Union Pacific convertible bonds were the leaders of the bond market at an extreme advance of 2. The market otherwise was fairly active, but the movement of prices was Irregular. Total sales, par value, $6,325,000. United States bonds were all unchanged on the last call. ' BONDS. U. S. 2s, ref. res.lOOVilN. Y. Cent. lsts...lO"H 4 88 demand and at $4 S3& forV-CO days; posted rates, $4 85, $4 86 and $4 89; com mercial bills, $4 S4&4 8434; silver certifi cates, 60c. Mexican dollars, 48c. Government bonds, steady. . . State bonds, steady. Railroad bonds, Irregular. SAN FRANCISCOT April 24.-Sterling on London, 60 days, $4 85; sterling on London, sight, $4 88. Drafts Sight, 15c t telegraph,. 17Hc. Mexican dollars, 49&50c. LONDON, April 24. Money, 3 per cent; consols, 94c. Treasury Statement. WASHINGTON, April 24. Today's state ment of the Treasury balances show: Available cash balance $153,026,5S7 Gold 94.742,090 Stocks at London. LONDON, April 24. Atchison, 69; Ca nadian Pacific, 98; Union Pacific pre ferred, 89: Northern Pacific preferred, 100; Grand Trunk, 9; Anaconda, 10. Gold for Export. NEW YORIC, April 24. An additional $5o0,000 gold for export was engaged by the City National Bank today. It will be sent out tomorrow. do couDon 106JA do 3s, res llOVa do coupon HlVi do new 4s, res..lobi-j do coupon 189ri cio oiu 48, reg...H3 Northern Pac. 3s.. 72 do 4s 105 A Oregon Nav. lsts.109 do 4s ..105 Oregon S. L. CV..12S do eon. Ks 117 do coupon , 113 Rio Gr. W. Ists...l01". do 5s. reg., HOVi St. Paul consols. ..103 " do coupon , lllVi Dlst. Col. 3-65s...l25u Atchison adj. 4s.. 95 C. & N.W. con. 7s142 do S. F. deb. Bs124 D. & R. G. 4s 102VS Gen. Electric 5s. .185 Bid. St. P. C. & P. lstsllSft do 5a 120t Union Pacific 4s.. .105 Wis. Cent. lsts.... 80 West Shore 4s 114 Southern Pac. 4s.. 03 Jiew Yorlc Stocks. These quotations are furnished by R. W. McKlnnon & Co., members of the Chicago -Board of Trade: STOCKS. a Anaconda Mining Co..., Amal. Copper Co Atchison com ..., Atchison pfd , Am. Tobacco com Am. Sugar com Am. Smelter com , Am. Smelter pfd , Baltimore & Ohio com Baltimore & Ohio nfd Brook. Rapid Transit.. nicago & Alton com. Chicago & Alton pfd. Chicago & G. W. com. Chi.. Ind. & L. com... Chi.. Ind-. & L. pfd... Chi., Burl. & Qulncy. Chi.. Mil. & St. Paul. Chicago &' N. W. com. Chi., R. I. & Pacific. New Jersey Central... Chesapeake & Ohio ...' Canada Southern Colo. Fuel & Iron com Cont. Tobacco com..... Cont. Tobacco pfd Delaware & Hudson... Del. Lack & AVestern", jj. os xt. (j. com .. D. & R, G. pfd .. Erie com Erlo 2ds pfd Erie lsts pfd Illinois Central .. Louisville & Nashville. Met. Traction Co Manhattan Elevated... Mexican Central Ry... Missouri Pacific Mobile & Ohio Mo., Kan. & Tex. com Mo., Kan. & Tex. pfd. new ionc uentrai Norfolk & West. com. Norfolk & West. Dfd. Northern Pacific com.. Northern Pacific pfd.. Norm American new N. Y.. Ont. & Western. Pennsylvania Ry People's G., L. & C. Co. Eressed.S. Car com.... Pressed S. Car pfd Pullman Palace Co Pacific Mall S. Co Reading com Reading 2ds pfd . Reading lsts pfd Southern Ry. com Southern Ry. pfd Southern Pacific St. L. & S. P. com St. L. & S. F. 2ds pfd.. St. L. & S. F. lsts pfd.. Texas & Pacific Tenn. Coal & Iron Lnlon Pacific com...... Union Pacific pfd U. S. , Leather com U. S.Leather pfd U. S. Rubber com U. S. Rubber pfd U. S. Steel Co. com.... U. S. Steel Co. pfd.... Wheel. & L. E. com.... "iOieel. & L. E. 2ds.... Wheel. & L. E. lsts.... Wis. Central com Wis. Central .pfd Western Union Tel Wabash com Wabash pfd 22 SG 71 196 167 200 153 157 47 75 95 45 104 178 222 45 95 37 56 69 140 "Hft & 50 48 14 122123120 67 96 126 145 63 98 95 91 So 68 37 127 145142 143 64 9S S7 91 85 44 45 'a 23 36 71 196 171 207 155 159 47 75 36 45 101 179 ZZ3 45 95 38 57 69 142 105 172174 128 22 107 32 65 151 54 86 1U3 98 80 34 159 113 45 82 210 37 38 52j 76 2 82 50 46 67 84 47 66 99 87 13 76 20 62 46 94 18 34 55 22 47 93 20 40 128 24 105 65 152 54 86 105 99 87 34 160 115 46 83 211 40 38 53 76 29 83 52 46 68 84 48 67 107 31 14 77 21 63 46 94 19 34 56 22 48 93 20 40 67 95 125 O So 4 120 67 95 125 CORN AT CHICAGO. Market Had -an Upvirard Tendency and There Were Few Snlew. ' CHICAGO, April 24. The concentrated condition of May corn In the hands of Phillips and his following of bulls was fully apparent In the course of the mar ket. Bids on an ascending scale which set a fresh high record for the crop at every fractional spot brought out only meager sales, and this was In the face of the assertion by elevator interests that country acceptances last night were con siderably larger than for some time. On the other hand, however, was a firm foundation for bull sentiment. The day's receipts, 80 carloads, wltH only 10 of contract grade, were the smallest In 18 months. Crop bulletins reported that no corn had been planted nprth of the Ohio River, and for the first time In some days there was a cash Inquiry. It is doubtful if any actual transactions took place for shipment, however, as Phillips bid 50 in the open piarket for No. 3 and got none. May opened unchanged to c higher, at 46c to 47c, and In a few minutes shot up to 48c. The short Inter est apparently has been pretty well elim inated as the bidding was mostly by bulls led by Phillips. He Wanted May all the way Up, but. got only 400,000 bushels. At the top this support was withdrawn for a" time and the market reacted sud denly to 47c, where It steadied on re newed bull support and reacted to 48c and advanced further to 48c, weakened to 47c and closed lc higher at 48c The July option was but little affected by the course of May. THE GRAIN MARKETS. Prices of Cereals at American and European Ports. SAN FRANCISCO, April 24. Wheat was inactive on call and firm In spot market. Barley futures .were easier. Spot barley strong. Oots firmer. Spot Quotations Were: Wheat Shipping No, 1, $102; choice, $1 02; milling, $1 031 06. Barley Feed, 80S0c; brewing, S3 87c Oats Black for seed, $1 151 25; red, $1 321 45. Call board sales: Wheat Inactive; casb, $1 02; Decem ber. $1 07. Corn Large yellow, $1 151 17. Barley Easier; December, 79c. G0 97 94 90 83 43 77 22 36 70 61 98 97 91 83 44 77 22 36 70 1951196-H, 166167 200203 151 156 46 74 33 44 103 176 221 H 94 37 55 6S 140 103 170 126 22 105 30 63 150 52 86 102 98 85 33 157 112 45 82 209 37 36 52 75 2S 82 50 45 8 46 64 99 87 13 76 20 62 45 93 18 34 55 22 47 92 20 39 153 157 47 74 94 44 104 177 222 45 94 37 55 68 140 101 172 127 22 106 83 31 63 151 53 86 103 98 87 34 15S 113 45 82 210 39 37 52 75 29 82 51 45 67 S4 46 65 107 90 13 76 20 61 45 93 18 34 56 22 48 92 20 39 Chlcnjro Grain and Provisions. CHICAGO, April 24. Traffic In wheat futures was active. May opened to c higher, at 70 tot 71, because cables' .were steady and in sympathy with corn. Country belief in gorgeous crop prospects was reflected in selling orders and for a few minutes there were Indications of easiness, May, however, worked only to 7171c Outside sentiment turned bull ish following this and ruled thus to the end The aggressive corn strength' and highly encouraging export talk were the main factors, but a heavy world's visible decrease was also influential. May rose steadily to 72c, but worked back to 7272 on profit taking. The close was strong, c higher, at 72c Oats were strong In sympathy with wheat and corn, an excellent market for the cash article and unfavorable weather. May closed c higher, at 26c Provisions were dull and neglected, but were strong In sympathy with the cereal markets. July pork closed 7c higher, lard 5c up and ribs 2c better. The leading features ranged as follows: WHEAT. Opening. Highest. Lowest. Closing May $0 71 $0 72 $0 71 $0 72'. July 72 73 71 72 CORN. April May July 40 48 4G .... 44 45 A 44 OATS. May 25 20 25 Juty 25 25 25 MESS PORK. May 14 22 14 37 14 22 July 14 40 14 52 14 37 LARD. May 8 07 8 15 47 45 20 25 14 37 14 52 July September May July September 8 07 7 05 7 05 8 15 8 05 8 02 8 15 7 87 7 82' 8 17 7 02 7 87 Total sales, 2,080,000 shares. Money closed 34 per cent. Forelfrn Financial Xcttr. NEW YORK, April 24. The Commercial Advertiser's London financial cablegram says: The stock market here was engrossed In the settlement today, after which the tendency- to buy 'for speculative account was generally small except In Americans, where It was very large and required pro longed arrangement. Trading In the American department be came heavy, and everybody was inclined to sell on the break yesterday afternoon and the day before In Now York. But early purchases of Union Pacific hardened the list; then New York opened strong, and there was a great demand for Union Pacifies, which advanced by leaps and bounds. The Northern Pacific Issues and St. Paul also were wanted, and the bid ding for these hoisted the rest of the list. London, however. Is rendered very appre hensive by these sporadic movements. Money was hard, owing to the large sums locked up against the new Issue of consols. Silver was weak on profit-taking for speculative accounts. Money, Eichnnge, Etc. NEW YORK, April 24. Money on call, steady, 34per cent; last loans, 3 per cent: prime mercantile paper,, 44per cent; sterling exchange, strong, wlthac- tual business In bankers' bills at $4 7 95 8 05 7 95 8 02 SHORT RIBS 8 15 8 20 7 87 7 02 7 82 7 00 Cash quotations were as follows: Flour Steady. Wheat No. 2 Spring. 73c; No. 3 Spring, 72c; No. 2 red, 7274c. Corn No. 2, 47c; No. 2 yellow, 47c Oats No. 2, 27c: No. 2 white, 2S29c; No. 3 white. 2728c Rye No. 2, 50c Barley Good feeding, 45c; fair to choice malting. 5256c Flax Seed No. 1, $1 60; No. 1 North western, $1 61. Timothy seed Prime. $3 003 75. Mess pork Per barrel, $14 3514 40. Lard Per 100 pounds, $S 2008 25. Short ribs Sides (loose). $S 058 25. Shoulders Dry salted (boxed), 67c. Sides Short clear (boxed), $8 258 37. Clover Contract grade, $10 75. On the Produce Excahnge today the butter market was firm; creamery, 15 19c; dairies, ll18c; cheese, 9llc; eggs, firm, 12c. Receipts. Shlpm'ts Flour, barrels 41.000 25.000 Wheat, bushels 140.000 189,000 Corn, bushels lua.uou Oats, bushels 300.000 Rye. bushels 8.000 Barley, bushels 0,000 502.000 401,000 1,000 Chicago Grain Gossip. F. G. Logan, Chicago, wires as follows to n.. W. McKlnnon: Liverpool was unchanged. Berlin lc higher. The steadiness in foreign mar kets In face of the sharp break here yes terday gaVe a better tone' to the feeling, and a strong market with fair general speculative trade has resulted. Cash de mand Is also good, 50 loads being re ported at the seaboard, and quite a large business being done here. The general tone aftd tendency of the market, for the time being, seems healthy. The Impres sion Is y that the unfavorable crop pros pects . In Germany have put buyers of wheat In London. There are some fur ther expressions of apprehension In re gard tp the Hessian fly in the South west, but nothing alarmingly definite so far. New York Grain and Produce. NEW YORK, April 24. Flour Receipts, 17,328 barrels; exports, 2998 barrels; mar ket, very firm, higher. Wheat Receipts, 177,100 bushels; ex ports, 55,826 bushels; spot, strong; No. 2 red, 82 f. o. b. afloat; 80c elevator. Options were strong and active all day. Bull sentiment revived under strong Con tinental cables and unfavorable German news, good Western support, the rise In cornT" active covering, a large decrease In world's stocks and light offerings. Fi nally eased off, but closed c net rise. Downing, Hopkins & Co. ESTABLISHED 1SD3. E Room 4, Ground Floor Chamber of Commerce Uk xAJ R. W. MWON BANKERS AND BROKERS MEMBERS OF THE CHICAGO BOARD OF TRADE 8 and 9 Chamber of Commerce, Portland We transfer money over our own wires, to all the important cities in the United States. We buy arid sell cotton, grain and provisions, for cash or on margin, for future delivery. We buy and sell all railroad stocks listed on the New York or Chicago Stock Exchanges. We buy and sell all copper stocks listed on the Boston Stock Exchange. We buy and sell all oil stocks listed on the San Francisco Oil Exchange. Correspondence solicited. May closed 79c; July, 7Sc; September, 77c. Wool Dull. Hops Quiet. Grain In Europe. LIVERPOOL, April 24. Wheat-Sppt, steady. No. 2 red Western Winter, 53 ld; No. 1 Northern Spring, 63 lOd. Futures, steady; May, 5s 5d; July, 5s 10?Sd. ' Corn Spot, firm; American mixed new, 4s 3d; do old, 4s 6d. Futures, firm"; May, 4s 4d; July and September, 4s. LONDON, April 24. Wheat cargoes on passage, rather easier. Cargoes No. 1 standard California, 29s 3d. Cargoes Wal la Walla, 29s 6d; English country markets generally dearer. LIVERPOOL, April 24. Wheat and flour In Paris, quiet. French country mar kets steady. Available Grain Supplies. NEW YORK, April '24. Special cable and telegraphic communications to Brad streete show the following changes In available supplies, compared with last ac count: Wheat United States and Canada, east of the Rockies', decreased 3.732,000 bushels; afloat for and In Europe increased 100,00) bushels; total supply decreased 2,732,01.0 bushels. Corn United States and Canada, east of the Rccklcs. decreased 294,000 bushels. Oats United States and Canada, east of the Rockies, decreased 5S0.C0O bushels. The stock 'of wheat at Portland, Or., Tacoma and Seattle, Wash., decreased 415,000 bushels last week. I,ITTJ.E CHANGE IN WOOL. No Deposition to Speculate I No ticeable I'rices Are Steady. BOSTON. April 21 The American Wool and Cotton Reporter tomorrow will say: "Aside from the liberal purchases of fine Australian and Ohio Delaine, made at the very beginning of the week under review by a well-known mill, which prac tically cleans up the supply of such stock In tho market, the usual trade has ruled very dull and has presented locally few features of Interest. The sales referred to consisted of something like 1500 bales of Australian, which were taken, it Is report ed, at prices ranging from 32 to 34 cents, equivalent to a clean cost of 6567 cents. The Delaine wools amounted to about 150,000 pounds, and the prices paid are understood to have been 2S29 cents. "The sales reflect the tendency of the demand towards fine wools, which are relatively much stronger than medium low wools and they Indicate the confi dence of consumers In this class of stock on which prices are firmly held. Taking the market as a whole, the purchasing has been mostly of a plecing-out character. There Is no disposition to anticipate fu ture requirements to any great extent, and no speculative tendency Is noticeable. While, trading may be very dull, the tone of the market as far as prices are con cerned Is very steady. "The sales for the week In Boston amounted to 2,591,000 pounds domestic and 690,000 pounds foreign, making a total of 3,281,000 pounds, against a total of 4.256.CO0 for the corresponding week last year. The sales since January 1 amount to 76. 123,000 pounds, against 52,139,200 pounds for the corresponding time last year." 53 507 00; bulls and stags, $2 004 25. Hogs Receipts. 12.100: markeSc lower; heavy, ?5 75fl5 90; mixed, ?5 75Sf5 77; light, S5 705 75; bulk of sales, $5 755 77. Sheep Receipts. 3O)0: market steady; fair to choice yearllncs. $4 60tf?4 Mr fnr tn choice wethers. 54 254 60; common and cnoice sneep, ?3 S033 95; Iambs. 54 25(ff3 00. SAN FRANCISCO MARKETS. 1 SAN FRANCISCO, April 24. Wool Spring Nevada, 10512c; Eastern Oregon. 1013c; Valley Oregon. 1415c. Fall , Mountain lambs, 6g8c; San Joaquin plains, 67c: Humboldt and Mendocino, 910c. 1 Hops Crop of 19C0, 15ig20c j Millstuffs Middlings, 517 5020; bran. 1 $15 5016 50. ' Hay Wheat. 5913: wheat and onts. VH ' 12; best barley, $3 50; alfalfa, $7 00S9 50; compressed wheat. JS13 per ton; straw 4047c per bale. I Potatoes River Burbanks, 40SOc; Ore gon Burbanks. $1 001 25; Early Rose, 83c SI: sweet, 5O60c. I Onions ?3 254 00. Vegetables Green peas. 75cgSl 00; string beans, 7(ifl0c per pound; asparagus, 51 50 j 1 ia per box. j Citrus fruit Common California lemons. I 75c; choice. 52 25; navel oranges, 51 0OTJ2 23 j per box; Mexican limes, 51 50. Bananas 51 502 75 per bunch. I" Plneanoles 53 0023 50 ner dozen. ureen fruits Apples, choice, II 50 per box: common. 51 00 per box. Poultry Turkcj-3. gobblers, 910c; do hens, 12l3c per pound; old roosters, 53 50 &4 00 per dozen: vounar roosters. JS 50727 5flr t frvore S Cfri V ViAnc l fV5M n .).- -.-., v uvvtju w, utiu-', x WJJ1 UV JC1 UUi- en; sman Drouers, 11 iwb- 00; large do, : 53 50(94 50; old ducks, 55 006 00; geese, ! tl "Zrm Wl not- nol Eggs Store, 13c; ranch. 15c. Butter Creamery, 16c; dairy, 15c. Cheese California, full cream. uc; Young America. 10c: Eastern. 1416c." Receipts Flour, quarter sacks, 15,990; wheat, centals, 2435; barley, centals. 4S70; oats, centals, 4S0; beans, sacks, 351; corn, centals. 2300; potatoes, sacks. 920; do Ore gon, 1CC9; bran, sacks. 2519: middlings. sacks, 110; hay, tons, 335; wool, bales, 861; t hldr. 297. EASTERN LIVESTOCK. CHICAGO, April 24. Cattle Receipts, 16,000, including 300 Texans. Generally steady. Butchers' 'stock stronger. Good to prime steers, 51 95(g6; poor to medium, 53 904 90; stockers and feeders, strong er, 52 754 85; ' sows, 52 S04 65; heifers, 52 80(54 90; canners, 52 102 75; bulls, $2 5 4 35; calves, S45; Texas fed steers, 51 25 5 40; grassers. S3 5004; bulls, 52 753 90. Hogs Receipts today, si.000; tomorrow, 22,000; left over, 3000. Heavy weak, light easier; top, 56 05. Mixed and butchers', 55 706 02; good to choice heavy, jfo SO 6 05; rough heavy, 55 65ig5 75; light, 55 65 5 95; bulk of sales. 55 855 97. Sheep Receipts, 20,000; sheep weak. Ex port sheep, 54 SO; lamba, slow. Clipped lambs, up to 54 85. Good to choice weth ers, 54 654 90; -fair to choice mixed, 54 354 60; Western sheep, 54 60i 90; sheep, yearlings, $4 704 95; native lambs, 54 605 30; Western lambs, $4 855 30. KANSAS CITY. April 24. Cattle-Jle-celpts 6000; market steady to strong; Texas steers, 54 40(35 15; Texas cows, 52 75 4; native steers. 54 60(55 60; native cows and heifers, S3 5505 10; stockers and feed ers. 54 155 25; bulls, $3 5004 60. Hog's Receipts 10.000: market 5c lower; bulk of sales, S3 7505 90; heavy, 55 850 5 95; packers, 55 8005 90; mixed, -55 750 5 90; lights, 55 6005 75; Yorkers, 55 5505 75; pigs, $4 5005 40. Sheep Receipts 7500; market steady; lambs. 54 8505; muttons, 54 1004 85. OMAHA. April 24. Cattle Receipts, 2900: market, slow but steady; native beet steers, S4 2505 40; Western steers, 54 000 4 75; Texas steers, S3 2504 25; cows and heifers, $3 4004 50; canners. 52 0003 35; stockers and feeders, $3 4005 05; calves. The Metal Marlcetn. NEW YORK, April 24. There was very little interest manifested in the local metal market today. The only change was that of spelter, which was princi pally due to a lack of sellers rather than to any speculative move. That metal ruled firm all day and closed 5 points higher at 5404 05, while in London prices were without change upon the basis of 17 2s 6d. Tin, both here and In London, remained featureless and unchanged, with trading very slow. The close was quiet at $26, and In London spot was 117 Mlddlesboro 41s 6d. Lead continues dull at $1 37 here, while In London a loss of 10s was noted to 12 5s. Copper was a shade firmer abroad, spot closing at 70 lis 3d and futures 71 2s 6d. The local situation, however, was very tame, but steady upon the basis of 517 for Lake, Superior and 16c for casting and electrolytic. Iron markets were without change. Pig Iron warrants. S9 50010 50; Northern foundry, $15 25016 50; Southern foundry, 514015 50, and soft Southern. $12013 50. Glasgow warrants closed at 55s 6d and Middlesboror 44s 6d. Bar silver, 59c. SAN FRANCISCO, April 24. Bar silver, 59c. i LONDON, April 24. Bar silver opened weak, but closed steady at 27 7-16d. The decline of d from last night's close was due to forced selling orders and profit taking before American advices were received. Coffee and Sugar. NEW YORK, April 24. Coffee options closed steadv. with prices net unchanged , to 5 points higher. Sales. 80,000 bags, in cluding May, 5o05 0v; July, 55 20; Septem ber, $5 35; October. $5 40; No. 7 Invoice 6c; Cordova. 8012c. Sugar Raw, strong;' fair refining, 311-16c; centrifugal, 96 test, 4 3-1604&c; refined, firm. THE PALATIAL Kill BUILDING Not a. ilnrlc oJIlce tn the bullillnsj absolutely fireproof; electric lights and nrteslnn -water; perfeet sanita tion anil thorough ventilation. Ele vators run tiny and nifflit. Cotton at Neiv York. NEW YORK, April 24. Cotton closed barely steady, net 6013 points lower. Independent Negotiation. PITTSBURG, April 24. In conducting the scale negotiations this year, the offi cials of the Amalgamated Association of Iron, Steel and Tin-plate Workers ex pect to make the adjustments with the separate underlying companies of the United States Steel Corporation as here tofore, and not with the officials of the great combine. This statement was made by President Shaffer today. The Sitting Suspended. VIENNA. April 2i. The Pan-Germans and Christian Socialists renewed their fight In the Relchsrath this morning, and the sitting had to be adjourned. 'MANHOOD RE8TORED2.u!?;5E. OJO VJtallZer. tnenrccrintlonof ftfiimon'iFrnn'hTihrsfrlnn.TulII rmtrklv mm vnn nt nil neryoas or diseases of tuo generative organs, such as X,ot 31anlioolr Innumala, Unatncs to Marry, KxIiaaBtlnc Drains, Varicocele mid ConatlpiiHocu. It tons all losses by day or night. Prevenuqulcknessof dUcharge. which If not checked jeafls to Spermatorrhoea and all the horrors of Impotency. CBP1DESE cleanses tao liver, the kldupvq nnrl rho nrlnnrv nniiw nt oil Imnn.iil.. niDinT rs- ,--r,..K-- nrfritnro.rr.nllT;u-oo- " a ' .- . -. oH,moMj Roomn. AIXSI.IE, DR. GEORGE. Physician... 0t3-H0 AN'DERSOX. GUST.W. Attomey-at-Law.. .bU ASSOCIATED PRESS. E. L. Powell. Mj;r..SMJ AUSTEN. F. C, Mami5r for Oregon and "Washington Bankers" Life AiBoslatlen. of D?a Moines. la M)2-oOa BACKERS LIFE ASSOCIATION. OF DBS MOINES IA . F C. Austen. Mgr SOS-9U3 BAYNTUX. GEO. R.. Manager for Cha. Scrfbner's Sons ..! ...513 BEALS. EDWARD A.. ForeeaBt OllVctal V. S. Weather Bureau 910 BEX.IAMIX. R. W. Denttet 31-4 BIXSWAXGER. DR. O. S.. Phya. & Sur.410-U BROOKE. DR. J. M.. Phys. and Surg..73-70O BROWX. MVRA. M. D 3I3-UU BRUERE. DR. G. E.. Ph8lelan...-H2-413-4U CAXXIXG. M. J B02.B0.I CAUKIX. G. E.. District Agent Travelers Insurance Co... 71S CARDWELL. DR. J. R 20tl CHURCHILL. MRS. E. J 71B-71T COFFEY. DR R. C. Phys. and Surgeon... 70O COLUMBIA TELEPHONE COMPANY.... C04-ti05-C0-O7-13-QW-13 CORXELIUS. C. W.. Phya. and Surgeon.. .21X1 COVER. F. C. Cashier Equitable Llf 30d COLLIER. P. F.. Publisher, S. P. McGulre. Manager .....413 DAY. J. G. & I. X 318 DAVIS. XAPOLEON. President Columbia Telephone Co.. 0OT DICKSON. DR. J. F.. Physlelan 7X3-7U DRAKE. DR. II. B.. Phslc!an 012-513-5H DWYEE. JOE E.. Tobaccos -03 EDITORIAL ROOMS Eighth Floor EQUITABLE LIFE INSURANCE SOCIETY. L. Samuel. Mgr.; F. C. Cover. Canhler... 30rt EVENING TELEGRAM ."... 325 Alder street FENTON. J. D. Physician and Surg.. 500-510 FENTON. DR. HICKS C. Ee and Ear... 511 FEXTOX. MATTHEW F. Denttat SOU GALVANI. W. H.. Engineer and Draughts man 8,W GAVIN. A.. President Oregon Camera Club 2M-21G-21U-217 GEARY. DR. EDWARD P . Physlelan and Surgeon - 212-213 GIESY. A. J.. Physician and Surgeon.. 700-710 GILLESPY. SHERWOOD. General Agent Mutual Life Ins. Co 404-403-400 GODDARD. E. C. & CO.. Footwear Ground Floor. 120 Sixth street GOLDMAN. WILLIAM. Manager Manhat tan Life Ins. Co.. of New York 200-210 GRANT. FRANK S.. Attorney-at-Law tH7 HAMMOXD. A. B 3lt HOLLISTER. DR. O. C. Phys. A Surg.504-50'1 IDLEMAX. C. M.. Attorney-at-Law.. 410-17-W JOHXSON. W. C. 315-3W-317 KADY. MARK T. Supervisor of Agenta Mutual Reserve Fund Life Ass'n ...8O4-1503 LAMONT. JOHN. Vice-President and Gen eral Manager Columbia Telephone Co 800 LITTLEFIELD. H. R.. Phys. and Surgeon. 200 MACKAY. DR. A. E.. Phys. and Surg.. 711-712 MANHATTAN LIFE INSURANCE CO.. of New York; W. Goldman, mnnager. .. 200-210 MARTIN. J. L. & CO.. Timber Lands (Ml McCOY. NEWTON. Attorney-at-Law 715 McFADEN. MISS IDA E.. Stenographer. 201 McGINN. HENRY E.. Attorney-at-Law.SII-ia McKINNON. J. D., Turkish Baths..J0O-301-3o2 METT. HENRY 2U MILLER. DR. HERBERT C. Dentist and Oral Surgeon 008-600 MOSSMAN. DR. E. P. Dentist... .312-313-314 MUTUAL RESERVE FUND LIFE ASS'N: Mark T. Kady. Supervisor of Agents.604-603 McELROY. DR. J. C. Phys. & Sur. 701-7U2-70.i McFARLAXD. E. B.. Secretary Columbia Telephone Co 600 McGUIRE. S. P.. Manager P. F. Collier, Publisher 413 MUTUAL LIFE INSURANCE CO., of Xew York; Sherwood Glllespy, Gen. Agt. . .404-5-0 NICHOLAS. HORACE U.. AU'y-at-Law..713 XILES. M L.. Cashier Manhattan Life In surance Co., of New York ...20O OREGON INFIRMARY OF OSTEOPATHY; Dr. L. B. Smith, Osteopath 40S-400 OREGON CAMERA CLUB 214-21C-210-2IT PACIFIC CHRISTIAN PUB. CO.; J. F. Ghormley, Mgr 303 TORTLAND EYE AND EAR INFIRMARY Ground floor, 133 Sixth street PORTLAND MINING & TRUST CO.; J. H. Marshall. Manager 313 QUIMBY. U. P W.. Game and Forestry Warden -T ROSENDALE. O. M.. Metallurgist and Min ing Engineer 515-510 REED & MALCOLM. Optician... 13,1 Sixth st. REED. F. C, Fish Commissioner 407 RYAN. J. B.. Attorney-at-Lar..'.t i'.'J . . . .417 SAMUEL. L.. Manager Ecfulta,blr'lf....300 SECURITY MUTUAL LIFE INSURANCE CO.: H. F. Bushong. Gen. Agent for Ore gon and Waihlngton 001 SHERWOOD. J. W.. Deputy Supreme Com mander K. O. T. M 517 SLOCUM. SAMUEL C. Phys. and Surg... 700 SMITH DR. L. B.. Osteopath 403-400 STUART. DELL. Attorney-at-Law. ...U17-UIH STOLTE. DR. CHAS. E., Dentist 704-703 SURGEON OF THE S. P. RY. AND X. P. TERMIXAL CO 700 STROWBRIDGE. THOMAS H., Executive Special Agt. Mutual Life of Xew York. .400 SUPERINTENDENT'S OFFICE 201 TUCKER. DR. GEO. F.. Dentlrt 010-011 U S. WEATHER BUREAU. . .007-808-000-010 u! S. LIGHTHOUSE ENGINEERS. 13TH DIST.: Captain W. C. Langiltt. Corps of Engineers, U. S. A 803 U. S. ENGINEER OFFICE. RIVER AXD HARBOR IMPROVEMENTS: Captain W. C. Lansntt. Corps of Engineers. U. S. A..810 "WATERMAN. C. H.. Cashier Mutual Llfo of New York 400 WILSON. DR. EDWARD X.. Physician and Surgeon 304-305 WILSON, DR. GEO. F., Phys. & Surg.700-707 WILSON. DR- HOLT C. Phys. & Surg.507-503 WOOD. DR. W. L.. Phslclan 412-413-414 WILLAMETTE VALLEY XELEP. CO 6U A feYF more elejcant otllcen may bo bad by applying to Portland Trust Company of Oregon, 101) Third t or of the rent cleric in the bnllillnj?. IT IS A CRIME TO BE WEAK. Every Weak man or woman can be re stored to perfect health and vitality by j DroDer application of Electricity. Dr. Bennett, the great Electrical authority, has written a book, which he sends frse. postpaid, for the asking. His Electric Belt and Electrical Suspen sory are the only oies which do not burp and blister and which can be re newel when burned out. Guaranteed to cure Varicocele. Lost Vigor and Vi tality. Klanev, Liver and Stomach Disorders. Constipation, etc. Write for book today DR. BENNETT Electric Belt Co. 8 to 11 Union Block. Denver. Colo. .Aj, Lj'3?jy No Cure No Tay amnrnmSj I lesMmnnlM Address JAVOXi JCCEDICKTE CO., p. o. Box 2078, Saa Fraacfcco, CaL THE MODERN APPLIANCE. Jl posltlva way to perfect manhood. Tho VACUUM TREATMENT cures yuu 'without medium of, all nervous or diseases of tho generative or 'gans. such as lost manhood, exhaustive dralas. varicocele, impotency, etc Men ar quickly r stored to perfect health and strength. Writs for circulars Correspondence confidential. THE HEALTH APPLIANCE CO rooms 47-40. Eat Deposit Bid.. Seattle. Wash.