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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (May 14, 1901)
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THE MORNING 0TIEO0NTAN: TUESDAY,' MAY- 14,-1901.
COMMERCIAL AND FINANCIAL NEW
"Wholesale business yesterday, although
featureless, -was good lor Monday. There
were no striking changes in quotations.
Wheat "was quiet. Announcement of a 5
cent advance in sugar was made in the
saoming. but -wae recalled in the alter
soon. Uses -were Treafc and another de
cline Is expected. Heceipts -were unusual
ly large lor i&raday, and the surplus on
Ijand is considerable. The butter mar
3iet was easy and: active. A shipment of
15,000 pounds of best creamery In tin pack
ages was made by one firm to Dawson.
In the consignment also were 100 cases of J
eggs. The butter shipment has been in
accumulation lor some time, and has
helped to relieve the market of surplus.
Demand lor young chickens was fair and
about equal to supply. The terx that
were left over Irom Saturday were all sold
off yesterday. Cheese is steady at quota-tions-
Botatoes yesterday were firm, and there
was no drag in the market. Receipts
were eomewhat slack. Oats and barley
were steady. California onions are meet
ing demand lor that product, "but Oregon
are- Ann, owing to small supply. Veg
etables yesterday were scant, with the
exception of rhubarb and asparagus. The
lormer is slightly lower in price. A car
load of cabbage was on, hand yesterday.
Oregon strawberries are increasing in
supply, and gradually lessening in price.
California berries have ready eale. Mount
Tabor berries were Introduced into the
market, but only as samples. Veal is still
and claws perfect, 525: raccoon, 3035c;
wolf, mountain, with head perfect S3 50
5; prairie wolf or coyote, 6075c; wolver
ine. $47; beaver, per skin, large, ?5;
do medium, per skin 53T; do small per
skin, 512; do "kits -per skin, 5075c
JTKW YORK STOCK MARKET.
Clearing: House Statement.
Portland .. $662,718
Tacoma .................... 170.536
Spokane i 247,821
Grain, Flour, Etc
The Eastern wheat market overcame a
number of bearish factors yesterday, and
closed with a gain of of a cent. Eu
rope was steady, but the situation on the
Pacific Coast was unchanged. The Cali
lornians have had so much to say about
their big crop since the recent showers
that freights have been steadily advanc
ing. In this market owners are refusing
SS shillings for new crop and some char
ters haye been made as high as 39s 6d.
These rates are having a depressing ef
fect on the -wheat market, and while it is
impossible to secure such rates lor near
by tonnage, there is nothing available
lor new season at anything less. There
Is yet plenty of time lor several million
bushels to be swept out ol existence by
hot winds in this country, and there will
not be a free chartering movement ao
long as the present high rates prevail,
or until the crop is assured.
Wheat Walla Walla', nominal, 69c;
bluestem. 6162c: Valley, nominal.
Flour Best grades. ?2 S03 40 per barrel;
Oats White, $1 301 35; gray, $1 27&1 30
Barley Feed, $17172S; brewing, $175
17 25 per ton.
MUlstuffa Bran. $17 per ton; middlings,
$21 50; shorts, $20; chop, $16.
Hay Timothy. $12 5014; clover, $7S '30;
Oregon wild hay, $67 per ton.
Groceries, Ruts, Etc.
Coffee Mocha, 2328c; Java, fancy, 26
S2c; Java, good, 2024c; Java, ordinary,
lS20c; Costa Rica, fancy, 1820c; Costa
Rica, gooa, 1618c; Costa Rica, ordinary,
10312c per pound; Columbia roast, $11 75;
Arbuckle's, $11 25; Lion, $11 75 per case.
Rice Island, 6c; Japan, 5c; New Or.
Jeans, 45c; fancy head. $77 50 per sack.
Sugar Cube, $6 50; crushed. S6 75; pow
dered, $6 10; dry granulated, $5 90; extra C,
$5 90; golden C, $5 40 net, half barrels, ic
more than barrels; sacks, 10c per 100 less
than barrels; maple, 1516c per pound,
Salmon Columbia River, one-pound
tails. $1 5002;. two-pound talis. $2 252 50;
lancy one-pound flats, $22 25; -pound
fancy flats, $110130; Alaska tails, $1125;
two-pound tails. $1 S02 25.
Grain bags Calcutta, $7 per 100 for spot.
Cool oil Cases, IS&c per gallon; barrels,
lEc; tanks, 13c.
Stock salt 50s, $14 75; 100c. $14 25; granu
'lated, 50s, $20; Liverpool. 60s, $21; 100s,
$20 50; 200s, $20.
Nuts Peanuts, 67c per pound for
raw, 9c lor roasted; cocoanut, 90c per
dozen; walnuts, lOffillc per pound; pine
nuts, 15c; hickory nuts, 7c; chestnuts, 15c;
Brazil, lie; filberts, 15c; lancy pecans, 12
1 14c; almonds, 1517&c per pound.
Vegetable, Krnita, Etc.
Vegetables Onions, Oregon, $3 504 50;
MCalllornla reds, $2, cabbage, $1 601 75 per
cental; potatoes, 90c$l 10 per sack; new
potatoes, 2&c per pound; celery, 75S5c
'per dozen; tomatoes, $22 50 per box; as
paragus, S540c per dozen; rhubarb, 1
2c per pound.
Fruit Liemons, choice, $2; lancy, $2 50
2 75; oranges, $1 752 50 lor navel. $1 50
1 75 lor seedlings, per box; pineapples,
$44 60 per dozen; bananas, $2 253 per
bunch; Persian dates, 6c per pound; ap.
pies, $22 60; strawberries, California, $1 50
per crate; Oregon, $4 50 per crate.
Dried fruit Apples, evaporated, 55?6c
per pound; sun-dried, sacks or boxes, 3
1 4c; pears, S9c; prunes, Italian, 57c; sil
ver, extra choice, 57c; figs. Calilornia
blacks, 5c; figs, California white, 67c;
plums, pitless, white, 7,Sc per pound.
Speculation Showed a. Condition of
NEW YORK, May 13. The stock market
showed a condition of lassitude which
usually follows a violent convulsion. The
feverishness of the market and the wide
extent of the fluctuations showed that sen
timent was still much unsettled.
There was a pretty general upward
movement at the opening which might be
sufficiently accounted for by the feeling
of great relief over the tidings over the
stock exchange settlement in London. As
there was known to. exists a large, shorty
Interest in Northern Pacific in that mar-"
ket in -addition to large declines in other
Americans since the last settlement there
was much uneasiness lest heavy losses
and failures should result. The news that
a settlement with the shorts in Northern
Pacific has been arranged which would
allow them to cover at $140 was therefore
an immense relief to sentiment in New
York, which was in dread of a reflex
action of renewed disorders In the Lon
After only a short time Union Pacific
began to absorb pretty much all the. buy
ing demand and its buoyant flight of 11
points began to arouse obvious uneasiness
among stock operators. After last week's
experience the first thought aroused by
any such movement is that another cor
ner is in process of formation. The most
conspicuous sharers of Union Pacific
strength were St. Paul and Amalgamated
Copper. The former rose 5 points and
the latter seven. Meantitrie, some points
of weakness, which had been moderately
developed early in the day, began to grow
and spread. When Union Pacific touched
123 the buying demand for other stocks
showed a notable decrease and was not
sensibly revived for the 'rest of the day.
The selling pressure was not severe as
to volume when the reaction set In, but
very wide concessions had to be made
In order to effect sales of even small
amounts of stocks. In Rock Island which
had advanced quite eagerly to 1 over
Friday there was a drop of 3 on the sale
of only 100 shares.
There was a similar weakness In other
stocks. These wide declines, however, dis
lodged very little stock. Indicating the
small new commitments for speculative
account on the long side. On the other
hand, prices were bid up with apparent
ease when any effort was made to sup
port the market. The source of the buy
ing which the early strength developed
from was not easy to preceive.London
was a seller in this market and There was
nothing to show that there was any re
newal of bull speculation on a large scale.
The mere fact of a higher range of
prices is of obvious advantage in the
adjusting of indebtedness growing out of
last week's troubles by Increasing the
value of collateral on loans. There was
doubtless some manipulation of prices
with this end In view and the absence of
liquidation on the advance facilitated the
movement. 'The money market was free
from disturbances and large repayments
of loans made in the crisis last week were
reported to have been made. The transfer
of great sums from the Interior helped
this movement. In response to the easier
condition of money there was a violent
rebound in sterling exchange, demand
bills rising to $4 SStf. which Is near the
point at which gold went out In April.
The buying of stocks for New York ac
count In London had Its principal effect
on the rate for cable transfers. The pre
paration for the Russian loan and for the
future installments of the British loan
loan were apparent in the foreign markets
and -also affected. the. exchange-market.
The strength of exchange may have had
to do with the later weakness, in the
stock market which recurred after the
various rallies, many stocks closing at the
lowest. But the general opinion Is that
the reaction is due to the fact that the
natural rebound after the panic had spent
The bond market was generally strong,
but not very active. Total sales, $3,000,
000. United" States new 4's advanced per
cent and the 5's declined per cent.
Reading .-. 39'CM. Term. & Trac 22&
do 1st pfd 73 do pfd ...: 44
ao -a oca 4'JVi UJau as -mo pia... ux
St. Louis & S. P.. 44
do 1st Did 81
do 2d pfd 65U
at jouls S. W.t.. 33
do pfd --613
St. Paul 157
do pfd 187V
Southern Pacific. 47
Southern Ry 28$
do pfd 81
Texas &. Pacific... 44
Union Pacific ....117
do pfd Sm
do pfd 36 I
Wheel. & L E....- 16H
ao za pra zs
Chicago & Alton. .. 40
do pra -
Chi. Xtr. "Western.. .21
i do pfd A 70
do nfd B 46
Erie -2d pfd 50
Hocking Vy. pfd... 74
Hex. National .... 11
Tol.. St. L. & W.. 17
do pfd ,
P. C, C. & St L. 71
Con. Gas 218
Hocking Coal a7
Int. Power 84
(Republic Steel 18
do pia itYi
New Yerlc Stocks.
These quoations are furnished by R. W.
MoKinnon & .Co;, members ofc. the Chi
cago Board of -Trade:
TJ. S. 2s. ref. reg.108
do coupon 108
do 3s. res 109
do coupon 109
do new 4s, reg..l37?i
ao coupon ia
do old 4s, reg...H3Vi
do coupon 113
ao os. res: losti
do coupon 108
Dipt Col. -3-65s...l25
Atchison adj. 4s..
C. & N."W. con. 7sl38
do S.-"F. deb. 5s.l22
D. & R. G. 4s 102
Gen. Electric &3..1S5&
N. T. Cent. lots.. 107
Northern Pac. 3s.. 7114
do 4s 105
Oregon Nav. lsts.. 100
do 4s 104
Ore. Short Line 6s. 127
do con. os 110
Rio Gr. "W. lsts...l0JJ4
St. Paul consols. ..100
St. P. C. & P. lstsll8U
do Bs 120
03V4Unlon Pacific 4s. ..108
wis. uent ists.... no
West Shore 4s 114U
Southern Pac. 4S.. 92&
Anaconda Mining Co.'..
Amal. Copper, Co
Atchison com ...I. .."....
Atchison pfd :;.
Am. Tobacco com ..:...
Am. Sugar com ."
Am. Smelter com ..-'....
Am. Smelter "pfd .?...
Baltimore & Ohio com.
Baltimore &Ohio pfd.
Brook. Rapid Transit..
Chicago, &, Alton com..
Chicago & Alton pfd...
Chicago & G. W. com.
Chi., Ind. & L. com....
Chi., Ind. & L.-pfd...
Chi., Burl. & Qulncy...i;
C.I., Mil. & S. PauL...
Chicago &N. W. com.
Chi., R. I. & Pacific. .
New Jersey Central...
Chesapeake & Ohio....
.Canada Southern .......
Colo. Fuel Iron com.
Cont. Tobacco com
ConU Tobacco pfd :
Delaware" & Hudson.:.
Del., Lack. & Western
D. & R. G. com
D. & R. G. pfd
Erie 2ds pfd
Erie lsts pfd ,
Illinois Central ,
Louisville & Nashville.
Met. Traction Co
Mexican Central Ry....
Mo., Kan. & Tex. com.
Mo., Kan. & Tex. pfd.
New York Central
Norfolk & West. com..
Norfolk & West. pfd..
Northern Pacific com..
Northern Pacific pfd..
North American new..
N. Y., Ont. & Western.
Pennsylvania Ry i
People's G., L. & C. Co
Pressed S, Car com....
Pressed S. Car pfd....
Pullman Palace Co....
Pacific Mall S. Co
Reading 2ds pfd
Heading lsts pfd
Southern Ry. com
Southern Ry. pfd
St. L. & S. F. com....
St. L. & S. F. 2ds pfd..
St. L. &S. F. lsts pfd..
Texas &. Pacific
Tenn. Coal & Iron
Union 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....
Wheel. & L. E. 2ds...
Wheel. & L. E. lsts...
Wis. Central com
Wis. Central pfd
Western Union Tel....
lied. The crop situation and the corn
strength were bull lactors. July closed
c higher at 27.
Provisions were dull, ruling easy lor
the most part and closing firm in sym-'
pathy with grain and hogs. July pork
closed 12c higher, lard 2c higher and
ribs a shade lower.
The leading futures ranged as follows: "
Openlne. Highest. Lowest. Closing
....?O70 ,?0 71 ?0 70 $0 71
.... IU9& i f-
14 45 .
Downing, Hopkins & Co.
WHEAT AND STOCK BROKERS
TAAVELERS guide. -
Room 4, Ground Floor
Chamber of Commerce
7 85 -7 87
7 85 7 87
7 87 7 00
8 05 , 8 10
7 8B 7 85
7 77 7 80
Cash quotations were as follows:
No. 3 Spring wheat, 6971c; No. 2
No. 2 corn, 5152c; No. 2 yellow, .51
No. 2 oats, 2829c: No. 2 white, 30c;
No. 3 White, 2829c.
No. 2 rye, 5152c
Barhnv- good feeding, 5255c; fair to
choice malting, 57c. - i
No. 1 flaxseed, $1 71L72; No. 1 North
western,. $1 711 72. -
Prime timothy seed, $33 55.
Mess pork, per bbl., 514 55U X
Lard, per 100 lbs., 37 857 87.
Short ribs, sides, loose, $7 958 15.
Dry salted shoulders? boxed, ?6 87
7 12. S"
Short clear sides, boxed, $8 128 25
Rrwlrt- s H I torn a
Flour, 'barrels 17,000 33,000
Wheat, bushels 04,000 421.000
Corn, bushels .". 250000 272,000
Oats, buBhets 205,000 23U.000
Rye, bushels 0,000 64,000
Barley, bushels 10,000 5,000
On the produce exchange "today the but
ter market was steady;- creameries 14
19c; dairies, H(gil6c.
Eggs, lie. - -
R. W. MclflNNON & CO.
BANKERS AND BROKERS
MEMBERS OF THE CHICAGO
- BOARD OF TRADE
' 8 and 9 Chamber of Commerce, Portland
V Union Depot, Sixth and J Streets.
THREE TRAINS DAILY
FOR ALL POINTS EAST
Total sales, 1,130,600.
Money closed 34
New York Ornin and Produce.
NEW YORK, May 13. Flour receipts,
16,738 bbls.; exports, 17,187 bbls. Market
Wheat Receipts, 131,100 bu.; exports,
86,255 bu.; spot stronger; No. 2 red," 82
f. o. b. afloat; No. 2 red, 80 elevator;
No. 1 Northern Duluth', 82 f. o. b. afloat;
No. 1 hard. Duluth, -89 f. o. b. afloat.
Options opened easy under cables and
foreign selling, but were quickly turned
strong by bullish southwest- crop
news, attended later In the day -by St;
Louis buying and general local cover
ing. Closed strong, S net .advance.
May closed S0; July, 78; September, 76.
Wool Firm. - , ,
Hopa-QuIetA - ' -.-. - -. '.i.'- - i
Money, Excjinnge, Etc.
NEW YORK, May 13. Money on call
Arm at 36 per cent; last loan 3 per.cent;
ruling rate, 6 per cent. Prime mercantile
paper, 44 per cent.
Sterling exchange Arm with actual busi
ness In bankers' bills at S84 88 for
demand and $4 S44 84- for 60 days.
Posted rates, . $4,85e4 88 and ?4 l8
4 89. "Commercial bills, $4 834 84. ,
Sliver certificates, fjOc,
Mexican dollars, 48c.
Government bonds irregular; state
bonds inactive; railroad bonds strong.
The total sales of stocks today were 1,136,300
shares. The closing- quotations were:
Atchison 71Wis. Central 20
do pfd 061i do Pfd 44t,;
Rolf . 1-tt.l- n P-vtmr.n V:"
.... uuiu iuu iivu-nuM m.'s.
Pacific 100 Adams icn
Butter, Efirsrs, Poultry, Etc
Butter Fancy creamery. 15gi7c; dairy,
1314c; store, ll12c per pound.
Eggs 1213c per dozen.
Poultry-Chickens, Jnlxed, 3 50g4; hens,
Ui50; dressed, ilS12c per pound;
Springs. $35 per dozen; ducks, $5 00$ 00
eese. ?67 per dozen; turkeys, live, 10
32c; dressed, 1315c per pound.
Cheese Full cream, rwlns, 13i3c
Xoung America, 13QI4c per pound.
Meat and Provision.
Mutton Lambs, 45c per pound, gross--Bressed
7Sc per pound; best sheep, weth
ers, gross, with wool, $4 254 50; sheared
3 503 75; dressed, 7c per pound. '
Hogs-Gross, heavy. ?5 756; light. ?4 75
EC7 dressed, 77c per pound.
Veal-Small, SSc; large, 7Sc per
Provisions Portland pack (Shield
Brand) hams. 13c; picnic, 9c per pound
breakfast bacon, 15(gl6c per pound; bacon,-
12c per pound; backs, llc; dry
salted sides, llc; dried beef, setts, 15c;
knuckles, 17c; lard. 5s, 12c; 10s, llc; 50s.
llc; tierces, llc; Eastern pack (Ham
monds), hams, large, 12c; medium 13c;
6mall, 13c; nicnlc, 10c; shoulders, 10c;
breakfast bacon. 1416c; dry salted sides,
1012c; hacon sides, ll13c; backs,
12c; butts, llc; lard, pare leaf, kettle-
renaerea. 5s. 12c; lOs. llc; dry salted bel
lies, U13c; bacon bellies, 1214c;
dried beef. 15c
Beef Gross, top steers, $55 25; cows
and heifers. 503 75; dressed beef, S
c per pound.
Can. Southern nnu. American nv
Ches. &. Ohio 47 United States '.'." 84
C., B . & Q loojl VTells-Fareo :i40
-i.t ino. tse ii.... 32 . ai-iowc.L.LiANEOIJS
do Dfd :-... rt9
Chi. & East I11...124
Chicago & N. "W..107
u., tu i. & Fac...l45H
v... , USfiLk lily
Colo. Southern .. 13
do 1st Dfd 47
do 2d pfd 21
Del. & Hudson....lC0U
Jei-.-lAcS. & W..215 j
xenver & mo ur. 48
do prd 024
do 1st pfd 63
vr. ngno. pia....l7tf
Hocklns Valley .. 61
Illinois Central ...134
Iowa Central 2S (La- Cledn n
do "pfd 55 I National Biscuit"
i: jwir k vr ... ui i.nuutti .eaa ...
do nfd 117
Louts. & Nash....l01:
Manhattan El ...113'
Met. St. Ry 159
Alex, central 23
Minn. & st. ixmis so
Missouri Pacific ..103
M.. K. & T 27&!
ao pia . , 50
New Jersey Cent. 102
New Tork Cent.. .161
Norfolk & West... 50J
ao pia ........ hi
do pfd 105
Ontario & West.. 31!
Pennsj lvanla ... .145
Amal. Copper 117
Amer. Car & P.... 14S4
do Pfd 7$?
Amer. Linseed Oil. 18
do Dfd A-rff
Amer. Smelt. & r". 0fl
do Dfd nnif
Amer. Tobacco ....122W
Anaconda M. Co... 40
Brooklyn R. T 741;
ColO. Fuel & Tmn Ot7
Cont. Tobacco ...'. 54
do pfd 10a
Gen. Eleetrlr- xx
Glucose Susrar .".".". 5S5i
. .raper 21
uo pia 74
SAN FRANCISCO, May 13.-Sterllng on
London, 60 days, ?4 85, Sterling on Lon
don, sight, U 88. Drafts, sight, 10; Mex
ican dollars, 4950c. Drafts, telegraph,
LONDON, May 13. Consols, 94d. Money
33 per cent.
. Grain 3n Europe. 1 f ,- '
LIVERPOOL. -May, 13. Wheat-Spot
steady; No. 2 'red Western Winter, 5s
Ud;,.No. 1 Northern Spring, Cs Id; No.
1. California. 6b lld. . Futures-dull; -July
5s 10d; September, 5s 9d.
Corn-Spot American mixed new, -easy,
4s d; do old, qulet.4s 3d. .
Futures Arm; July, 3s, 10d J.September,
3s 107.- ......
'Wheat and floUr at Paris dull; French
country - markets steady.- r
LONDON, May, 13. Wheat cargoes on
passage rather easier; cargoes Walla
Walla, 29s 9d. English country markets
quiet. -. .. .,
We transfer "money over our own wires,
to all the important cities in the United States.
We buy and sell cotton, grain and provisions,
for casli or on margin;;for future delivery.
We! buy and self ajk railroad stocks listed on
the New York or Chicago Stock Exchanges.
"We buyvand sell all copper stocks listed on
the Boston Stock Exchahge.
We buy and sell all oil stocks listed on the
San Francisco Oil Exchange.
sacks, 1900; Washington, 1450; bran, sacks,
650; mlddlings.i-sacks, 250; hay, ions, 500;
wool, bales, 370; Hides, 500. ,.
- j Visible Grain. Supply. --1-.
NEW YORK;' M& lg.The-' statement-
of the visible supply of 'grain in "store
aim anum ufi oaiuiuaj-, jiaj j,i, as mm-
piled by the New Tork Produce "Ex-V
change is as follows: '
Wheat, 45,761,000 bu., decrease 907,000 bu.
Corn, 17,338,000 bu., decrease 1,327,000 bu.
Oats, 11,449,900 bu., decrease 1,077,000 bu.
Rye, 963,000 bu., Increase 17,000 bu.
Barley, 719,000 bu., decrease 24,000' bu.
TIie-Metnl Market. - - '
NEW YORK, May 13. Tin at London
took a deefde'dly better turn today and
before the session t closed values had
touched a level 2 abpve the .previous
day's figures on spot goods, closing strong
at 122 5s and 119 10s for spot and iu
tures respectively. -The strength was at
tributed to a bull movement with sellers
In Londqn very scarce., The local murkest
ruled quiet, closing at $26 6027 00
Copper at London and,t.al. New 5"ork
ruled unchanged, but steady at ?17 for
lake, and $16 62 for .casling.. "V.
Pig iron warrants unchanged at 9 &
10 50; Northern foundry. $15 2316 50,'
Bar silver, 59c. ,. :
SAN FRANCISCO, May
59C ! , j
I3. Bar .silver,
LONDON, May 13. Barsllver, 27c
' Coffee anOjognsar. , "
NEW. YORK, May $?-CoffeerSp'ot Rio,
dull, unchanged; No. 7 Invoices, 6; Mild,
quiet; Cordova, t S12. Futures closed
steady, prices net unchanged to 5 points
higher. Total sales, 4,500 bags, including
September, ?5 60; October, ?5 70; March,
Sugar Quiet; fair refining, 3; centri
fugal, 96; test, 4 9-32; molasses sugar, 3;
refined, firm. - 1
Pacific Coast ..,
Pacific Mall ....
Pressed Steel Car. 41
ao-pfd : oi
Pullman Pnl. Put- nnn
r ,;::;; --3?i
"" -oai e iron. oov5
Union Ba.g 124.
d Pfd 67
U. S. Leather i"S'
Western Union ... 02Vi
U. S. Steel 44
do pfd 02
Foreign Financial Nevrw.
NEW YORK, May 13. The Commercial
Advertiser's London financial cablegram
The stock market here was nervous at
the opening here today, but the tension
was soon relieved by the early announce,
ment of the stock exchange committee
that the buylng-In of Northern Pacific
was, suspended until further riotlce.
Business in general was restricted to
a remarkable degree. The tone, how
ever, was hopeful. The American de
partment wa practically Idle. In the
afternoon session there was some renew
ed uneasiness caused by a report that
New York had cornered Union Pacific,
which came over on the cable at 135
against 120 asked here. Quotations in
Northern Pacific were nominal at 140S
Treasury . Statement.
WASHINGTON, May 13. Today's state
ment of the Treasury, " exclusive of the
$150,000,000 gold reserve, in the division of
Available cash balances.. ..4 $158,730,375
StockH at London.
LONDON. May 13. Atchison, 76; Can
adian Pacific, 10(5; Union Pacific pfd.,
97; Northern Pacific pfd., not obtain
able; Grand Trunk, 11; Anaconda, 9;
United States Steel, 47; "do. pfd., 97.
Hops, "Wool, Hides, Etc
Hops 1214c per pound.
Wool Valley, ll13c; Eastern Ore
gon, 7"10c; mohair. 2021c per pound.
Sheepskins Shearlings. 15t?20c; snort
wool, 2Sg35c; medium-wool, S050c: long
wool, 60c$l each.
Tallow Sc; No. 2 and grease. 2ff2c
per pound. '
Hides-Dry hides, No. L 16 pounds and
upwards. 1415c; dry kip. No. L 5 to 16
pounds, 1415c per pound; dry calf No 1,
sound steers. 60 pounds and over, 7Sc;
do. 50 to 60 pounds. 77c; do under 50
pounds. 67c: kip. 10 to 30 pounds. 6
7c; do veal. 10 to 40 pounds. 7c; do calf,
under 10 pounds 78c; green (unsalted).
1c per pound less; culls (bulls, stags,
moth-eaten, badly cut, scored, hair
slipped, weather-beaten or grubby), one
PH t Bearskins, each, as to size. SS
20; cubs, each, $25; badger, each. 1040c;
wildcat, 2575c; house cat, 520c; fox.
tuiuoion Kray. .swsoc;- do red. $1 502;
do cross, $5gl5; lynx, ?23; mink. 50ctf$l 25;
marten, dark Northern $6612; do pale
pine. 5150ff2: muskrat. 5S-i0o- sin.nv- vsj&.
55cr otter (land), ?57; panther, with head'j
Board of Trade and
Stack Exchange Brokers
DOUGHT AXD SOLD FOR CASH
CARRIED ON MARGINS
Chamber of Commerce
THE GRAIN MARKETS.
Prices ot Cereals at American and
SAN FRANCISCO, May 13. Wheat and
barley futures quiet. Spot wheat firmer.
Spot barley weaker. Oats quiet and firm.
Wheat No. 1 shipping, $1 00; choice,
$1 00; milling, $1 011 03.
Barley Feed, 7376c; brewing, SZ
S5c. 4 x
Oats Black for seed, $1 201 30; red,
$1 321 45.
Call board sales:
Wheat No sales. -
Barley No sales.
Corn Large yellow, $1 251 30. .
Chicago Grain and Provisions. .
CHICAGO. May 13. Weakness 'at the
opening in wheat, which was at 10103
for July delivery, was' caused by heavy
world's shipments, an Increase In the
quantity on passage, liberal receipts and
lower cables. When sellers, influenced
by these matters, had disposed of their
wheat, it was found there were buyers
in the market for more and under light
offerings and profit taking by shorts the
decline of a shade to ?4c was recov
ered. The reaction caused shorts to ap
prehend some underlying force in favor
of values, and thla, together with re
ports of damage in the Southwest, par
ticularly in Kansas, gave a sharp rally
to a market that had ruled steadlly'up
ward, under this acute reaction of sen
timent the price rose rapidly to 72. The
close was Vc higher at 71"i71c
Corn exhibited marked weakness at the"
opening owing to lower cables and good
receipts. A strong demand suddenly de
veloped among the shorts, however, and
a bull market was the result. July closed
strong, c higher at 4444Hc. May was
neglected, closing c higher at 51i.
Oats opened weak with corn Taut ral-
EASTERK LIVESTOCK. .
CHICAGO, May 13.-Cattle Receipts, lSi
500, including 200 Texans. Steers active,
mostly 10c higher. Butchers' stock strong.
Good to prime steers, $5 106 00; poor to
medium, $45; stockers and feeders stea3y
to strong, $3 254 10; cows, $2 854 60;
heifers, $2 854 80; canners, $2 152 80;
bulls, $2 7504 40; calves, $3'50gi4 75; Texas
fed steers, $4 25&4 40; bulls, $2 753 80.-
Hogs Receipts today, 26,000; tomorrow,
20,000; left over, 3,000. Active, shade
hjgher, top $5 85. Mixed and butchers,
$5 605 82; good to choice heavy, $5 70
5 85; rough heavy, $B5565; light, $5 50
Shee'p-iRecelpts, -16,000. Sheep active, 10c
higher; lambs 1015c higher, clipped up to
$5. Colorados, $5 25. Good to choice weth
ers, $4 25(34 '50; Talf to choice mlsfed, .$3 7a
4 25; Western sheep, $4 254 50; yearl
ings, $4 304 55; native lambs, $4 105 25;
Western lambs, $4 5Xg5 25.
OMAHA, May 13. Cattle Receipts, 2200;
market active, shade higher; native beef
steers, $4 255 50; Western steers, $4 00
4 85; Texas steers, $3 504 25; cows and
heifers, $3 354 50; canners, $1 753 25,
stockers and feeders, $3 255 00; calves,
$5 6 50; bulls and stags, $2 754 25.
Hogs Receipts, 5500; market shade to
5c higher; heavy, $5 675 75; mixed, $5 66
5 70; light, $5 605 67; bulk of sales,
$5 605 70.
Sheep Receipts, 5500: market steady;
yearlings, $4 0004 50; wethers, $3 754 30;
common and choice sheep, $3 003 75;
lambs, $4 005 10.
KANSAS CITY, May 13.Cattle Re
ceipts, 13,000; market, generally strong;
Texas steers, $3 755; Texas cows, $34 25;
native steers, $4 605 60; .native cows and
heifers, $35; stockers and feeders, $3 65
5; bulls, $3 403 65.
Hogs Receipts, 9000; market, .steady;
bulk of sales, $5 655 .gjfc. heavy, $5 75
5 85; packers, $5 655 SO; 'mixed, $5 60)5 SO;
lights, $5 305 65f yorkers, $5 25g5 60; pigs,
Sheep Receipts, 4500: market; strong;
Iambs, $4 755 10; muttons, $3 764 75.
SAN FRANCISCO- MARKETS.-
SAN FRANCISCO,. May 13. Wool
Spring Nevada, 1012c; Eastern Oregon,
1013c; "Valley Oregon, 1415c; ' mountain
lamb, 78c; San Joaquin plains, 6Jc;
Humboldt and Mendocino, 910c.
Hops Crop of 1900, 15)20c.
Mlllstuffs Middlings, $17 5019 50; bran,
Hay Wheat, $913; wheat and oats, $9
11; best barley, $9 50; alfalfa, $79 50;
compressed wheat, $813 per ton; straw,
4047q. per bale.
Potatoes River Burbanks, 75cl 10;
Oregon Burbanks, $11 25; sweets, 6065c.
Onions Australian, $4 505.,
Vegetables Green peas, 75c$l; string
beans, l4c per pound; asparagus, $1 65
1 75 per box; tomatoes, $1 001 50 per
Citrus fruit Common California lemons,
50c; choice, 2 25; 'navel oranges, $12 50
per box; Mexican limes, $4 50.
Bananas $1 502 50 per bunch.
Pineapples $2 003 00 per dozen.
Green fruits Apples, choice, $2 50 per
box; common, $1 per bfox.
Poultry Turkeys, gobblers, 910c; do
hens, ll12c per pound; old roosters, $4
4 25 per dozen; young roosters, $6 508;
fryers, $4 505 00; hens, $4 005 00 per
dozen: small broilers, $2 003 00; large
do, $4 004 50; old "ducks, $4 004 50;
geese, $1 501 75 per pair.
Eggs Store, 13c; choice, 14c.
Butter Creamery, 17c; dairy. 16c.
Cheese California, full cream, 8c;
Young America, 10c; Eastern, 1416c. .
Receipts Flour, quarter sacks, 18,650r
Oregon, 5200; Washington, 3900; wheat,
centals. '250; beans,' sacks, 800;' potatoes,
London Wool Attritions.
LONDON, May 13. The wool auction
sales today showed 13,050 bales offered.
A, good selection was presented. Mer
inos and crb'se-hreds were in good sup
ply and sold , freely,, -Several lots were
taken- by America. Cape of- Good Hope
and Natal scoured wools were in better
demand and there were several with
drawals. Victorias were In strong de
mand and competition was brisk. The
fales.wlll close on May 21.
Going to Buffalo?
Or any other point East?
Call at our office or write
us for particulars as to pro-
I posed low rates to be named
in the very near future;
they will interest you.
IVool at St. Louis.
ST. LOUIS, May 13 Wool, quiet and
easy. Territory and Western medium,
1315c; fine, 1013c; coarse, 1012c.
.Cotton, "Was Quiet.
NEW YQRK, May 13. Cotton closed
quiet, 3 points lover.
TICKET OFFICE: Cor. Third and Stark Sis.
R. W. Foster. Tloket Agent J
Leaves for the East, via Huntington, at 0.00
A. M.; arrives at 4.30 P. M.
For Spokane. Eastern Washington and Great
Northern points. leaves at IIF.M.; arrives at
7 A. 21.
Leaves for the East, via Huntington, at 0.00
P. 21. i arrives at 8.10 A. 21.
THROUGH PULLMAN TOURIST
OCEAN AND RIVER SCHEDULE.
Water lines schedule subject to change with
OCEAN DIVISION From Portland. Ieava
Alnsworth Dock at S P. II. J salt every 5 days
Steamer Elder sails May 1". 12. Steamur
Columbia sails May 7. 17. 7.
From San Francisco Sail every 5 days.
Leave Spear -street Pier 24. at 11 A- M.:
Steamer Columbia sails May 3, 1J. 23; steamer
Elder sails May 8. 18. 28.
COLUMBIA RIVER DIVISION.
PORTLAND AND ASTORIA.
Steamer Harsalo leaves Portland dally, ex
cept Sunday, at S.00 P. M.: on Saturday at
10.QO P. M- Returnlnr. leaves Astoria dally,
except Sunday, at 7-00 A. M.
WILLAMETTE RIVER DIVISION.
PORTLAND AND SALEM. OR.
Steamer Elmore, for Salem. Independence
and way points, leaves from, Ash-street Dock
at 6:45 A. M. on Mondays. "Wednesdays and.
Frldaja. Returning, leaves Independence at tf
A. M.. and Salem at 7 A. M-, on Tuesdays.
Thursdays and Saturdays.
CORVALLIS AND ALBANY.
Steamer Ruth leaves Portland at 0:45 A. M.
on Tuesdays. Thursdays and Saturdays. Re
turning, leaves Corvallls at (J A. iL on Mon
days. Wednesdays and Fridays.
YAMHILL RIVER ROUTE.
PORTLAND AND DAYTON. OR.
Steamer Modoc, for Oregon City. Buttevllle,
Champoeg. Deyton and way landings, leaves
Portland Tuesdays. Thursdays and Saturdays
at 7 A. M. Leaves Dayton for Portland and
way points Mondays, Wednesdays and" Fridays
at 0 A. M.
SNAKE RIVER ROUTE.
RIPARIA. WASH.. AND LEWISTON. IDAHO
Steamers "leave RJparla at 3:40 A. M. dally,
arriving at Lewlston about 3 P. M. Returning,
leave Lewlston at 8:30 A. M., arriving at Rl
parla same evening.
A. L. CRAIG. General Passenger Azt.
CITY TICKET OFFICE,
254 Washington St., Corner Third.
PORTLAND & ASIATIC
"- STEAMSHIP CO.
For Yokohama and Hong Kong, calling at
Kobe; Nagasaki and Shanghai, taking freight
via connecting steamers for Manila. Port Ar
thur and. Vladlvostack.
SS. INDRAPURA SAILS MAY 23.
For rates and full Information call on or
address officials or agents ot O. H. N. Co.
l00 MUTES HQ
IDepot Klfth and
I I Street.
8:30 A. M.
The Deadlock of 1885.
PORTLAND, May 13. To the Editor.
A statement, in this morning's Oregonian
regarding the political record of Mr.
Solomon Hlrsch is so entirely mislead
ing as to need correction. In the article
referred to "Three-Cornered Senatorial
'Fight'Vthe statement is made that in
18S3 he (Mr. Hirsch) came within one vote
of election to' the United States Senate.
As a matter of fact when the
last ballot In Joint convention, the 6Sth,
was taken, February 20, 1SS5, Mr. Hlrsch
received hie greatest number of votes,
37, locking nine of the required number
to elect, 46, every member being present.
James H. Slater, the Democratic candi
date, received 21; Z. F. Moody, 7; John
Whlteaker, 7, the remaining votes being
scattered among a dozen or more prom
inent men, the recipients of compliment
When the result of the 68th iballot had
been announced, under the terms of a
resolution previously adopted, Mr. W11J-
lam Waldo, President of the Senate, de
clared the Joint convention adjourned.
When the-Senate re-assembled. Mr. Simon
moved the adoption of a concurrent reso
lution rescinding a' resolution previously-
adopted fixing the time of adjourn
ment at 12 P. M., February 20. This reso
lution was adopted" by the Senate and
concurred In by the House, and the next
morning, Saturday, a joint convention
of both hbuses was held Every Demo
cratic member and two Republicans
Barnes of Multnomah and Warren of
Yamhill 40 in all, refused to attend the
convention. The vote for Senator did
not amount' to much, Mr. Hlrsch receiv
ing only 3 votes. Representative
Prosear, of. Washington, moved that the
President of the Senate be authorized to
cast the ballot of the joint convention
for United States Senator, and Mr.
Joseph Simon, who did all In his power
to secure the election of Mr. Hlrsch,
promptly moved that the Prosser motion
be tabled, which was ddne. The Legis
lature that day adjourned sine die with
out 'electing a United States Senator
FRANK C. MIDDLETON.
The statement In The Oregonian was
taken from, the Republican "Blue Book,"
"by Captain H. L. Wells.
"North Coast Limited" 2.00 P. M.
Twin JClty. St. Louis
&. Kan. City Special! 11:30 P. M.
Olympla, Tacoma, Seat
tle, South Bend and
Gray's Iarbor Exp... 8:33 A. M.
Two trains dally to Spokane, Butte, Hel
ena, Minneapolis, -St. Paul and the East.
A. D. CHARLTON.
Asst. Gen'I Pass. Agt.
255 Morrison St. Portland. Or.
7:00 A. M.
5:15 P. M.
Northern Commercial Co.
Nome St. Michael Yukon ftiver
Sailing dates approximate only.
San Francisco. Seattle.,
Conemaugh May 25 June 10
Portland May 29
St. Paul June 1 June K
Connecting at St. Michael for Dawson City
and all Intermediate points.
For rates of passage, freight and other par
ticulars apply to
Empire Transportation Co.
Puget Sound Agent
WASHINGTON & ALASKA STEAMSHIP CO
Fast mall, express and passpnger service for
SKAGWAY, calling at Port Townsend. Van
couver, Ketchikan and Juneau, connecting
with White Pass & Yukon Route for Dawson
Atlln and all Yukon. River points. Throucn
bills of lading issued.
SS. CITY OF SEATTLE, May 18 and 28.
SS, VICTORIAN, May 13 and 23.
From Seattle at 8 P. M.
DODWELL & COMPANY. Ltd..
2S2 -Oak at. Telephone Main 90.
Pacific Coast Steamship Co.
The magnificent new-steel
Steamship Senator will sail
from Seattle and Tacoma
dirccl. From Tacoma 12 m
Seattle 9 p. m. May 30, '01.
For rates, rebervatlons and other Information
appiy to the company's agents
.. io.o.S. -tJ Washington St., Portland,
Ticket Office 007 PaclHc avenue, Tacoma.
G. M. LEE, Ticket Agent.
F. W. CARLETON, N. P. R. R. Dock. Ta
Ticket utflce 618 First avenue. .Seattle.
M. TALBOT. Comm'l Agent.
C. W. MILLER. Asst. Gen'l Agent. Ocean
Dock. Seattle. Wash.
GOODALL. PERKINS & CO..
General Agents. San Francisco.
117:30 A. M.
for Salem. Rose-
burg. Ashland. Sac
r a m e n to, Ugaen,
San Jbranclsco. Mo
Jave, Los Angeles,
El Paso. New Or
leans and the East.
(dally- except Sun
day), morning train
connects with train
tor Mt. Angel. SU-
v e r t o n, .Brawns
,I11a Qn.lnvfl I A
and Natron, and
Albany Local for
Mt. Angel and SU-verton.
10:10 A. M.
5:50 P. M.
Dally. IJDally except Sunday.
Rebate tickets on sale between Portland. Sac
ramento and San Francisco. Net rates $17 first
class and ?U second class. Including sleeper.
Rates and tickets to Eastern points and Eu
rope. Also JAPAN, CHINA. HONOLULU and
AUSTRALIA. Can be obtained from J. B.
KIRKLAND, Ticket Agent. 140 Third street.
Passenger Depot, foot of Jefferson street.
Leave for Oswego dally at 7:20. 0:40 a. M.:
12:30. 1:55, 3:25, 4:40, 0:25. 8:JO. 11:30 P. M.;
and 9:00 A. M. on Sundays only. Arrive at
Portland dally at 0UJ5. 8:30, 10:50 A. M.;
1:35. 3:10. 4:30. 6:15. 7:40. 10.00 P. M.: 12:40
A. 3d. dally, except Monday, 8.3 and 10.05 A.
M. on Sundays only.
Leave for Dallas dally, except Sunday, at
B:03 P. M. Arrive at Portland at 0:30 A. M.
Passenger train leaves Dallas for Alrlla Mon
days, Wednesdays and Fridays at 3.50 P. if.
Returns Tuesdays, Thursdays and Saturdays.
C. H. MARKHAM.
Gen. Frt. & Pass. Agt.
Pacific Goast Steamship Co.
The- Company's steamships
COTTAGE CITY, SPOKANE,
STATE OF CAL. and CITY
OF TOPEKA leave TACOMA
11 A. M., SEATTLE 0 P. M..
May 5. 10. 15. 20. 25, 30:
June 4. 0, 14 10. 21 24. 29;
July 3. For further" Infor
mation ob'aln folder.
Th Company reserves the right tp Chang
tiersT sidling dates and hours of sailing,
without previous notice.
AGENTS N. POSION, 240 Washington St.
PM&and. Or" F. "WV CARLETON, N. P. R. R.
Dofc Tacoma Ticket Office. 013 First ave..
KVtttie M TALBOT. Comm'l Agt. C.W. MIL
LER Awl Gen'l Agt. Ocean Dock. Seattl.;
GOObALL: PERKINS" CO.. 01 Agents.
llcUt Office. 122 Third Si. ' Phone S80
8:00 P. M.
Tne Flyer, dally to and
from St Paul, Minne
apolis. Duluth. Chicago
and alt point East
7.00 A. M
Through Palace and Tourist Sleepers, Dining
and Burret Smoklng-LIbrary Cars.
Sirs. Altona and Pomona, dally ex. Sunday
at 0:43 A. M. SUNDAY, to Oregon City,
leaves 8 and 11 A. M.. 2:30 and 5:30 P. M.
Office and dock foot Taylor st
NEW TWIN SCREW 6000
SONOMA & VENTURA
SS. ZEALANDIA (Honolulu only)
-.. Saturday, May 20. 10 A. M.
SS MARIPOSA, for Honolulu, Samoa, New
Zealand and Australia ..
... Thurs., May fio. 10 A M.
SS. AUSTRALIA, .for. Tahiti About June 30
I D.SPSECKaS k BIDS. CO , Ocniral Agtnb. 327 KarbtSt
fea'l PaatoBr 0T&e."643 Mul SL Jisr K 7. Pacifo Si
WHITE COLLAR LINE
STR, TAHOMA (Alder-stredt dock).
.Leaves Portland dally every morning at 7
o'clock, except Sunday. Returning, leaves As
toria every night at 7 o'clock, except Sunday.
Oregon phone Main 351. Columbia phone 351.
WHITE COLLAR LINE
JAPAN - AMERICAN LINE
STEAMSHIP JDSUMI MARU
For Japan. China and all Asiatic points will
About June 3d
Astoria & Columbia
River Railroad Co.
8:00 A. M.
STR. BAILEY GATZERT.
Dally round trips. Leaves foot Alder street
every morning at 7 o'clock, except Monday.
Arrtvo "at The Dalles 3 P- M. Leavi The
Dalles 4 P. M. Arrive Portland 11 P. "M. I Ticket office 235 Morrison st and. Unloaj Depot
' TelcDhone Main 331. ' J. C. MAYO. Gen; Pass. Agt. Astoria,' Or.
Depot Fifth and
For Maygers. Kalnler.
.i!liun. junorio. t.&
renton. Flavel. Ham
mond, Fort Stevens.
Gearhart Pit, Seaside.
Astoria and Seasltor
0:40 P. Mi