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About Morning Oregonian. (Portland, Or.) 1861-1937 | View This Issue
THE MORNING OBEGONIAN, THURSDAY, APRIL 10, 1902.
The weather for the past few days has been
unfavorable for cither work on the farms or
for hauling to market. This has retarded bust
cess In some lines to a certain extent, but the
Spring trade on the whole has been so much
better than In former seasons that no com
plaint Is heard. There were no features of
special Interest In the market situation yester
day, aside from a firmer feeling In potatoes,
due to light receipts. Butter was still weak,
but public quotations remain unchanged.
Wheat continued Inactive, with no sales re
ported. Oats are not coming In very freely,
but In the absence of any special demand,
prices refuse to rally. The high prices asked
by tho mohair men prevent much business 4n
that product, and the inclemency of the weath
er has postponed anything like early shearing,
o the wool situation remains quiet. Hops
continue very firm, with no new transactions in
old crop reported. " '
In the grocery market, sugar continues the
object of interest, but is not rewarding the
watchers with any display of either strength
or weakness. The advance of 10c per 100 a
few days ago was strictly a local affair, and
the great questions which brought on the con
flict are still unsettled.
WHEAT With steam freights to Europe by
way of the Suez cut to 26s 3d, and sail tonnage
obtainable at at least a shilling less, the
weakness In the foreign wheat market Is
scarcely felt In the Pacific Northwest. Strictly
speaking, there Is not much "weakness of the
foreign market," the frequent .sagging over
there being almost wholly a reflection, of the
weakness In Chicago. The foreign market has
a good undertone of strength, and only awaits
the slightest encouragement from this side to
more to a materially higher level. When
America ceases- to throw her wheat at the for
eigners at any old price, there will be a bulge
that may reach surprising proportions. For
"Walla Walla wheat, G4c Is the general quota
tion, and very little is selling at that figure.
Some was offering yesterday at 65c, and one
lot could have been secured for 64c. The
amount of business Just at present Is, In the
aggregate, 0f very small proportions, and for
the remainder of the season will be largely of
a "cleanlng-up" nature.
With so little remaining of the old crop, In
terest has shifted to a considerable extent to
prospects for new crop, price of bags, charters,
etc "East of the mountains, prospects con
tinue very favorable for a good crop, but In
the Valley more sunshine and less rain Is need
ed. There has been so much rain that farm
ers have had .no opportunity for plowing, and
unless there Is an Improvement in the weather
very soon, the acreage of Spring grain will be
very small. Present prospects throughout the
three state, while less favorable than a year
ago, are still sufficiently good. If favored with
good weather from this time on. to turn off a
crop above the average for tho past 10 years,
although not as large a yield as was produced
last year. In the East crop conditions have
changed by little.
Mclntyre & Marshall's special grain letter
The visible supply of wheat Is about 5,000,000
bushels less than at this time a year ago. This,
with a small movement coming from first hands
and stocks In the Northwest elevators only
2,200,000 bushels, against 4,000,000 bushels last
ear, and 6,700,000 bUBhels two years ago,
makes wheat look cheap at present prices.
Furthermore, we believe In our own crop
expert's advices on the condition of the crop
in Kansas, Oklahoma and Indiana. From this
latter Information there Is no reason to expect
at present anything like an average crop in
the Southwest. As soon as navigation is
opened, the visible supply will melt away very
rapidly, as the foreigners are still good buyers
of cash wheat, and they will continue to be so
for the balance of the crop year.
The Liverpool Corn Trade News, under date
of March 24, prints the following regarding
crop conditions in three of the world's big
Russia A telegraphic report received by the
London Standard yesterday announced a hard
frost following a period of very mild weather.
The exact significance of this news 'is difficult
to estimate correctly. On the one hand. It can
be conceded that severe weather at this time
is capable of doing immense damage, but then
if such bad been caused or was feared it
would hardly be left to a newspaper corre
spondent to announce the fact, and It Is not
so long ago that a similar report from a simi
lar source turned out to be quite unfounded.
It must be remembered, too, that the crops
have hitherto developed satisfactorily, and the
plant should bo In good shape to withstand
the effects of any ordinary frosts. "Writing on
March 19, our Odessa correspondent says he
has heard no complaints from the Interior, and
It is generally admitted that the crops have
wintered well. Shipments last week were quite
moderate of wheat, but the movement of maize
kecrs liberal. There Is little doubt that the
quantities will keep small until fresh supplier
reach the ports, and navigation on the Sea of
Azoff gets into full swing, and this may b'e
retarded by tho cold weather. The first barges
had Just arrived at Odessa at date of our last
India Tho Viceroy reports that showers have
fallen In the drouth-stricken Punjab and north
west provinces. Good rains have fallen in
Bengal and Bebar. Crop prospects have slight
ly Improved, but this must refer to native
food grains. A second official general memo
randum on the wheat crop which has Just
been received Indicates that this season's area
for reaping will be one of the smallest on rec
ord. At date of reports, ahout February 25,
the irrigated lands of the Punjab and the
northwest promised to give a fair yield, and
the same could be said for Slnd,. central prov
inces and Bengal, but elsewhere the yields will
be very short. On unlrrigated land in the Pun
jab crops have been destroyed.
France The weather has been most favorable
for the Winter crops and Spring aeedlngs. Sat
isfaction with crop conditions is generally ex
pressed, complaints being few and of a local
character. Offers on country markets recently
have been very light, and the opinion Is ex
pressed that small growers have sold out,
whilst large farmers, who still have good
quantities, are holding their grain In the hope
of still higher values. This scarcity of sup
plies has forced the market upward, in spite
of a very poor millers demand and good crop
FREIGHTS There Is very little business In
freights at the present time, shipowners and
exporters not being In accord regarding values.
Twenty-five shillings is a fair nominal quota
tion for spot sail tonnage, but exporters object
to paying anything above San Francisco fig
ures, which are about 23s. A large steamer
was offering yesterday .at 26s 3d for either
Portland or Tacoma, but found no takers, and
unless there Is an improvement In the foreign
market which will warrant higher prices for
wheat, exporters, like owners, "prefer to wait,"
There is some business doing in new-crop
charters, but the rates demanded are above
the Ideas of most of the operators, and a large
proportion of tho charters already made are
believed to be speculative.
"WOOL AND MOHAIR-The wool market Is
rather quiet, .but there Is some activity in
mohair, the season for this product being well
advanced, and numorous sales reported. Prices
have advanced in sympathy with other markets
and while one large pool Is reported to have
sold at 20c. the ruling quotations are around
23c No wool Is being taken off yet, and un
less there is a change in the weather, the sea
son will be late. The Eastern market shows
no change In quotations, and is thus reviewed
by the New York Journal of Commerce, under
date of April S:
Little of Interest has transpired In the local
wool market during the week past. Business
has been decidedly small, and inquiries few
and for between. This Is mainly due to the
fact that mills have no very pressing needs at
the present time, and only operate on the
market when obliged to fill in on some special
In some quarters business is reported as fall
ing short of last week's sales, but, notwith
standing this, prices are Just as firm, and con
cessions are an almost unknown quantity. Sell
ers have not advanced their prices, but they
are in a more or less Independent position, and
are not pressing wool for sale at the present
time, as supplies In the market are sufficient
to take care of the probable requirements of
manufacturers for the time being; but there is
a more pronounced disposition "to await further
developments In the direction of a fuller busi
ness. Tho chief business In domestics has
been In pulled wool and territories.
Foreign wools have been dull here, but In
other markets have sold more freely in fine
grades. Chinas remain quiet, with recent ar
rivals of moderate extent only. Carpet wools
have been quiet with demand very moderate.
HOPS The only business In hops for the
past week has been in new-crop .contracting,
and even this has been on a limited scale, com
pared with operations earlier In the season.
Most of the dealers are now offering 12c and
12Uc for new-crop contracts, but occasionally
12c is paid. It is estimated thatJ17,000 bales
of the 1002 crop has already been contracted
for, some of it as low as 0c but the bulk of
the contracts being around lie and 12c per
pound. The situation In the East is thus re
viewed by New Tork mall advices, under date
of April 5:
Offerings of state hops were decidedly limit
ed, due to the scant supplies In dealers' hands,
and prices were firm, with choice quoted at
18tf10e. Brewers, it was stated, found It
necessary to pay from 1910Hc for such sup
plies of choice grades as they purchased. Pa
cifies were in better supply than states, and
were quoted at 1718Hc for choice. No new
developments were reported up the state nor
on the Coast.
The Watervllle Times of April 1 says of hops:
"The market Is positively dead as far as
transactions are concerned. The few remain
ing lots In this vicinity are being held for
higher prices, and offers of 17c it is reported,
have no effect on the holders. Grubbing has
begun in some yards towards Deansboro, but
the ground Is not In proper condition to work
successfully. Pole-setting is also In progress J
In some yards."
The Otsego Republican of April 2 says that
the Dorrance Talbot lot of 24 bales hops grown
In New Lisbon, one of the best lots of last
year's crop, was sold here Monday at 17&c;
possibly better. The terms were private, but
this is about the price.
POTATOES AND ONIONS The potato mar
ket soared up to new heights yesterday morn
ing, and for choice stock $1 40 per cental was
offered, with about everything that came along
good enough to command from ft up to 1 80
per cental. There has been a sharp falling off
in receipts, and an attendant bracing up of
prices. Some dealers are inclined to be skep
tical about these prices holding very long,
while others are of the opinion that the re
mainder of the season will witness a much
better market than has thus far been In evi
dence. The last steamer took down a much
smaller shipment than usual, and the next one
to sail will have a still lighter shipment.
Onions are steady, with the best stock still
around (2 per cental, although as usual some
of the fancy selects sell for more money.
BUTTER The market continues weak with
lower prices almost certain within a few days.
Receipts are very heavy, and despite the fact
that the greater part of the sales of fancy
creamery are made at 22C Instead cf the reg
ular quotation of 25c stocks are accumulating.
California butter has been shut out of the local
market by the recent reduction In prices here,
but stocks In San Francisco are reported to bo
accumulating, and it is probable that prices
will be cut In order to make a clean-up. Any
reduction In the price of butter In San Fran
cisco will naturally be followed by lower prices
in this city and 20c for fancy creamery is not
very far away.
EGGS The receipt of some liberal orders for
shipment to Alaska, coming right-on lop of
pretty free buying for cold storage, has Infused
considerable life Into tho gg market, and
while they were obtainable In a small way at
14c yesterday morning, the price advanced
quickly to l&c and they were very firm at that
figure last evening, with the street almost
bare of stocks. Large quantities havo gone
Into cold storage at 13, 13Hc and 14c and as
they are going Into storage ai about the same
figures in the East. It-is hardly probable that
prices will be permitted to fall below those
figures, no, matter how heavy receipts may be.
POULTRY Receipts of poultry are light,
and good prices are obtainable for anything
that comes along. Old chickens are In excep
tional demand, and fancy stock sells up as
high as (5 CO and $6 per dozen. For Springs
of the vintage of 1002 there Is an excellent de
mand, and where they are of good size they
will sell as high as old chickens. Ducks arc
in good demand at quotations, and with so
much strength in the chicken market, geese
are doing a little better. Turkeys are wanted
In limited numbers at quotations, but the de
mand Is light at this season of the year, chick
ens being in more favor than any other kind
Portland $470,002 fGO.651
Tacoma 165,102 43.5S1
Seattle 441.746 60.270
Spokane 296.200 83,002
Grnin, Flonr, Etc.
Wheat Nominal; Walla "Walla, 6464Hc;
bluestem, G5C5V4c; Valley, 64C5c
Barley Feed, $2021; brewing, $2102150 per
Oats No. 1 white. $1 151 22; gray. $1 10
1 20. s
Flour Best grades, $2 853 40 per barrel;
graham, $2 502 80.
Mlllstuffs Bran. $18 per ton; middlings, $20;
shorts, $20; chops, $16 50.
Hay Timothy, $12fl3; clover, $7 0058; Ore
gon wild hay, ,$50 per ton.
Batter, Egrss, Ponltry, Etc.
Butter Weak. Creamery, 22V5$f25c; dairy,
18g20e; store. 13S1&C
Cheese Full cream, twins, 1313V4c; Young
America, 1415c; factory prices, liu0 less.
Poultry Chickens, mixed, $3 5004 00; hens.
$55 50 per dozen. Ullc per pound;
Springs, 11011&C per pound, $34 per dozen;
ducks, $57 per dozen; turkeys, live 1213c;
dressed, 14016c per pound; geese ?G507 per
Potatoes and Onions.
Potatoes Bes Burbanks, $1 151 40 per cen
tal; ordinary, $1; Early Rose. $1 5002 per
cental, growers' prices; sweets, $2 2502 60 per
Onions $1 6002 10 per cental, growers' prices.
Meats anil Provisions.
Mutton Gross, 4c per pound: dressed, 707c
Hams, bacon, etc Portland pack (Shield
brand) ham3, 12c; picnic Otfc per pound;
breakfast bacon, 1516V4c per pound, bacon,
14c per pound; backs. lO011ttc per pound;
dry-salted sides. 11012c per pound; drjed beef,
setts, 16c; knuckles, 18c per pound; Eastern
pack hams, large, 12c; medium, 13c; small,
13Hc; picnic &c; shoulders, 9c; breakfast
bacon. 14015HC; dry-salted sides, llc; bacon
sides, 12Hc; backs, unsmoked, HKc; smoked,
12e; butts, 0105tc per pound; dried beef.
15H017Uc per pound; dry-salted bellies, 1140
12Vc; bacon bellies, 12Hr13 per pound.
Hogs Gross, 6Xc; dressed, 607c per pound.
Veal 7H08c for small; 6H07c for large.
Beef Gross, cows. S?i04c; steers, 404Uo;
dressed, 67Ho per pound.
Lard Portland (Shield brand), 5s, 18c; 30s
12c; 50s, 12fcc; tierces. 12c; Eastern, pure
leaf, kettle rendered, 6s, lSftc; 10s. 18c: 50s.
Vgetnbles, Fruits, Etc.
Tomatoes, $4 50 per crate for Mexican; tur
nlpst 65075c; carrots. 65076c; beets, 80090c
per sack: cauliflower, 75085c per cental; celery.
76c per dozen; peas. 7c per pound; asparagus,
8c per pound.
Green fruit Lemons, $2 5003; oranges, $2 50
03 25 per box; bananas, $2 2503; pineapples, $5
per dozen; apples, $102 25; cranberries, $11012
Dried fruit Apples, evaporated, 78c per
pound; sun-dried sacks or boxes, 45c; aprl
coats, ll$4012c; peaches, 80Uc: pears, 6Sc;
prunes Italian. 304c; figs. California blacks,
3H04c; do white. 6c; plumsi pltless. white, 6c
Groceries, Nuts, Etc.
Coffee Mocha. 23028c; Java, fancy, 26032o;
Java, good, 20024c; Java, ordinary, 18020c;
Costa Rica, fancy, 18020c; Costa Rica, good.
16018c; Costa Rica, ordinary, 10012c per
pound; Columbia roast. $11; Arbuckle's, $11 76
list; Lion, $11 25- list: Cordova, $12 63 list.
Rice Imperial, Japan No. 1, 5c; No. 2, 5c;
New Orleans, 607c
Salmon Columbia River, one-pound tails,
$4 85; two-pound tails. $3; fancy one-pound
fiats. $2; -pound fancy fiats, $1 25, Alaska
tails, 95c; two-pound tails, $2.
Sugar Cube, $4 60; crushed, $4 60; powdered.
$4 50; dry granulated. $4 35; extra C, $4 10;
golden C $8 75 net per sack; beet sugar, $4 SO
per sack; half barrels, c more than barrels;
sacks, 10c per 100 less than barrels; maple
15016c per pound.
Honey 124016c per pound.
Grain bags-Calcutta, $6 1206 25 per 100
Nuts Peanuts, 607c per pound for raw, 80
8Hc for roasted; cocoanuta, S390c per dozen;
walnuts, 10Ullc per pound; pine nuts, 109
12c; hickory nuts, 7c; chestnuts. $3 505 per
drum; Brazil nuts, 7c; filberts, 15310c; fancy
pecans. 1414Hc; almonds, 12H15c
Coal oil Cases, 20Hc per gallon: barrels, 10o;
Stock salt 90s, (20 65; 100s, $20 15; granu
lated. 50s, ?28; Liverpool. 50a, $29 60; 100s,
$20 20; 200s. $27.
Hops, Wool and Hides.
Hops 12H0Hc per pound.
Wool Nominal; Valley, 13015c; Eastern Ore
gon, 8012Vic; -mohair, 22023c per pound.
Sheepskins Shearings, 16020c; short wool,
25035c; medium wool, 30060c; long wool, 6Oc0
Tallow Prime, per pound, 404Hc; No. 2 and
Hides Dry hides. No. 1, 16 pounds and up.
15015c per pound; dry kip. No. 1, 5 to 15
pounds, 15c; dry calf. No. 1 under 6 pounds,
16c: dry salted, bulls and stags, one-third less
than dry flint; salted hides, steers, sound, 60
pounds and over, 80Oc; 50 to 60c pounds, 7i
8c; under 50 pounds and cows, 7c; stags and
bulls, sound, 505Hc; kip, sound, 15 to 30
pounds, 7c; veal, sound, 10 to 14 pounds, 7c;
calf, sound, under 10 pounds, 8c; green (un
salted), lc per pound less; culls, lc per pound
less; horse hides, salted, each. $1 5002; dry,
each. $10150; colts' hides, each. 25050c; goat
skins, common each, lO0J5c; Angora, with
wool on, each. 25c0$l.
Pelts Bear skins as to size. No. 1, each, $5 '
020; cubs. $205; badger, each, 10040c; wild
cat, 25030c; house cat, 610c; fox, common
gray. each. 3050c; do red, each. $1 5002; do
cross, each. $5015; do silver and black, each,
$1000200; fishers, each. $500; lynx, each. $203;
mink, strictly No. 1 each, 3Oc0$125; marten,
dark Northern, $6012; marten, pale, pine, ac
cording to size and color. $1 6003; muskrats,
large, each, 5010c; skunk, each, 20035c; civet
or polecat, each, 5010c; otter, for large prime
skins, each, $507; panther, with head and
claws, perfect, each. $205; raccoon, for large
prime, each, 30035c; wolf, mountain, with
head perfect, each, $3 5005; wolf, prairie (coy
ote), with head perfect, each. 40060c; wolf,
prairie (coyote), without head, each, 30035c;
wolverine, each. $47: beaver, per skin, large,
$506; do medium, $304; do small, $101 60;
do kits, 60075c
Chicago Wheat "Was Active
Closed 5-8o Up.
CHICAGO. April 9. Speculation In wheat
was better than for some days past. Condi
tions favored the bulls from the start. Cables
were higher; primary receipts were very small,
and clearances were nearly double all receipts.
There was a decided sentiment that the market
was on the upturn, and good general buying
set in. There were continued reports of de
creasing stocks, and Bradstreet's showed the
world's supply decreased 2,200.000 bushels,
whereas It was Increased 442,000 bushels last
year. Weather over the wheat states is cold
and dry. At times there was profit-taking
that brought reactions, but heavy buying orders
from the Southwest, where It seems crop con
ditions are becoming bad. brought rallies. Ex
port bids, however, were out of line, and the
cash trade was not very good. May opened
U-c higher, at 71072c sold to 72VJc eased
to 714071c, and then spurted to 72$c closing
firm. c up. at 7254072.
Corn started oat strong. Receipts were very
small, nd reports from the South were bullish.
Kansas City and St. Louis did gdod buying,
arid shorts covered freely. The late rally In
wheat helped materially. May closed steady,
c up. at 53c
Oats were quiet, but were aided somewhat
by tho strength In other grains. Some support
was given on the news that much of the Illi
nois crop would have to be ro-seeded. May
sold as low as 42Hc and closed c higher, at
Provisions held firm against the depressing
influence of a weak hog market. Lard and
ribs were In good demand on a supposedly Im
proved cash situation. Pork at times showed
weak spots, but the whole list was supported
by packers. May pork closed 5 points up, ribs
7c advanced, lard steady and unchanged at
The leading futures ranged as follows:
Opening. Highest. Lowest. Closing.
..$0 71$ $0 724 $0 71 $0 72H
- 71 73VJ
.. ess sou
.. 09 09
.. 08 09
May 10 424 10 524
July 16 02 16 72
0 60 0 70
9 724 0 80
May 887 8 00 8 85 8 00
July 9 00 0 05 8 07 9 02'
September ...9 10 0 124 0 07 0 10
Cash quotations were as follows:
Wheat No. 3 Spring, 68071c; No. 2 red, 78
Oats No. 2, 42042c; No. 2 white, 44V
45c; No. 3 white, 42o.
Rye No. 2, 50c
Barley Fair to choice malting. 00066c
Flaxeeed No. 1, $1 65; No. 1 Northwestern,
Timothy seed Prime, $7.
Me pork-$16 45016 50 per bbl. "
Lard $9 650O 574 per cwt.
Short ribs sides Loose, $8 8008 00.
Dry salted shoulders Boxed. $7 S7407 60.
Short clear sides Boxed, $9 2500 35.
Clover Contract grade. $S.
Butter Easy; creameries, 230204c; dairies,
Cheese Steady, 12013c
Eggs Firm; fresh, 15c
Flour, barrels 33.000
Wheat, bushels 77.000
Corn, bushels 75,000
Oats, bushels 125,000
Rye. bushels 0,000
Barley, bushels 32,000
New York Grain and Prodnce.
NEW YORK, April 9. Flour Receipts, 14,081
barrels; exports, 10,538 barrels. Market active
and firmer in tone.
Wheat Receipts, 17,750 bushels; exports,
108,423 bushels; spot firm; No. 2 red, 84c ele
vator; No. 2 red. 80c f. o. b. afloat; No. 1
Northern Duluth. 82c f. o. b. afloat; No. 1
hard Manitoba, 84c f. o. b. afloat.
It was a bull day In wheat, except for a
brief midday reaction under proflt-taklng sales.
The Southwest proved a heavy buyer for short
account; Northwest receipts were small; cables
steadier, crop news less favorable and offerings
light as a rule The market closed firm at
01cnt advance. May, 77 13-16078c closed
78c. July. 77078. closed 78c; September.
77 ll-16077c. closed 7714c; December, 780
79c closed 79c
Available Grain Supplies.
NEW YORK, April 9. Special cable and tele
graphic advices received by Bradstreet's show
the following changes In available supplies
since the last report:
"Wheat United States and Canada, east cf
the Rockies, decreased 2,022,000 bushels; afloat
for and In Europe decreased 300.000 bushels;
total supply decreased 2,322,000 bushels.
Cora United States and Canada, east of the
Rockies, decreased 641,000 bushels.
Oats United States and Canada, east of the
Rockies, Increased 237,000 bushels.
European Grain Markets.
LONDON. April 0. Wheat Cargoes on pas
sage steadier; cargoes Walla Walla, 2Ss 3d.
English country markets some higher; some
LIVERPOOL, April . Wheat firm. "Wheat
and flour 4n Paris quiet. French country mar
kets steady. Weather in England fair and
MELBOURNE. April 9. It Is officially an
nounced that the wheat area sown is the
smallest in three years. The production is
estimated at 8,012,762 bushels.
NEW YORK STOCK MARKET.
Western Men Engaged Actively in
NEW YORK, April 9. There was a notable
speculative movement in the stock market to
day, which was universally attributed to the
operations of an Important combination of
wealthy Western men. who were important
factors Tn the constituent companies going to
make up the United States Steel Corporation
before It was organized. In the ordinary ac
ceptance of the term, there was no news to
explain the movement of stocks or the enor
mous buying which caused It. but the fact was
patent that the buyers were possessed cf prac
tically unlimited resources to transact business
on such a scale, and also that the faith in
them was so strong that they were, getting f
their money's worth.
While there was nd actual news accompany
ing the movement, there was an abundance of
rumors, which centered mostly about Louisville
& Nashville, which was again the leader of
the market In point of activity and sustained
strength. The rumors reached the stage of an
alleged formation of a communlty-of-lnterest
project for the whole Southern field, which
would supposedly take in the Southern Rail
way, Illinois Central, and possibly minor com
panies. There were minor explanations grow
ing out of the announced policy on the part of
the Louisville & Nashville to extend into new
territory, which Involved the absorption, of con
necting lines entering Chicago. None of these
rumors could obtain any official countenance
There was some credence for a suggestion that
the marketing of the new stock Just announced
had Involved tho creation of a large short in
terest In the market for the relief of which new
stock will not be available as a delivery until
the formalities of listing on the Stock Exchange
have been compiled with.
This explanation would not apply to the nota
ble broadening of the- speculative movement
today Into other quarters of the market
Louisville itself, while occasionally reactionary,
forged up to the top level, 5 points over last
night. In the final dealings, and closed within
a shade of that. The Southern Railway stocks
were also lifted forcibly to tho top level at the
last. The rest of the account showed the effect
of realizing at the last, and some lmpprtant
stocks closed with net losses, notably New
York Central. Manhattan. Chicago & North
western stocks and Rock Island. Some of the
minor railroad stocks which have recently ad
vanced were also sufferers. While a large
number of Important stocks were Included In
the advance, tho movement was by no means
universal, and many prominent stocks were
neglected and sluggish. United Btatos Steel
stocks still conspicuously so. There was also
the usual assortment of violent movements in
high-priced Industrials, which are closely hold
by concentrated Interests. The electrical stocks
and New York Air Brake made wild advances
and almost equally sensational relapses. Tho
rise of 6H In New York & New Haven was un
explained.. American Snuffs 7-polnt gain was
practically all of It made on one sale.
Some of the active speculative bonds were
affected by realizing and the market generally
was Irregular. Total sales, $5,530,000. United
States 4s advanced H. and the 3s coupon de
clined per cent on the last call.
Closing: Stock Quotations.
Baltimore & Ohio
Chesapeake & Ohio
Chicago & Alton
do pfd .-....
Chicago. Ind. &. Louis..
Chicago & Eastern 111..
Chicago Great "Western.
do A pfd
do B pfd
Chicago & N. W
Chicago, R. I. & Pac...
Chicago Term. & Tran.
C, C. C & St. Louis..
do 1st pfd
do 2d pfd
Delaware & Hudson....
Del., Lack. & Western.
Denver & Rio Grande..
do 1st pfd
do 2d pfd
Great Northern pfd....
Lake Erie & Western..
LoulsUUe & Nashville..
Manhattan Elevated ...
Metropolitan Street Ry.
Minneapolis &. St. L....
Mo.. Kansas & Texas..
New Jersey Central....
New York Central
Norfolk & Western
Ontario & Western
do 2d pfd
St. Louis & San Fran..
do 1st pfd
do 2d pfd
St. LouH S. W
Southern Railway .....
do pfd ....:
Texas & Pacific
Toledo. St. L. & W....
Wheeling & Lake Erie..
do 2d pfd
Wisconsin Central ....,
United States ,
Amalgamated Copper .
Amer. Car & Foundry.
do pfd ...
American Linseed Oil..
100 203 202i
Amer. Smelt. & Refln..
Anaconda Mining Co...
Brooklyn Rapid Transit
Colorado Fuel &. iron..
Cont. Tobacco pfd
International Paper ...
International Power ..
6.500 1294 1254
Pressed Steel Car
Pullman Palace Car...
Tennessee Coal & Iron
Union Bag & Paper Co
United States Rubber.
United States Steel...
American Locomotive .
do pfd 300
Kansas City Southern..! 1.600
do pfd I 2.400!
Total sales for the day, 992,200 shares.
U. B. 2s. ref. reg.100
do coupon 109
do 3s. reg 1084
do coupon 109
do new 4s, reg. .139
do coupon 139
do old 4s. reg. ..Ill
do couDon .111
Atchison adj. 4s... 04
C. & N.W. con. 7s.lEfl
D. & R. G. 4s.... 103
N. Y. Central lsts.104
Northern Pac Ss.. 74
do 4s 105
Southern Pac. 4s.. 04
Union Pacific 4s...l05
West Shore 4s 112
Ar. r.. . irxiii
do coupon 1004 Wis. Central 4s
Stocks at London.
LONDON, April 0. Closing quotations:
Anaconda 5INorfolk & West... 5S
do cfd 02
do pfd 100
Bait. & Ohio 108
Can. Pacific 118
Cbes. & Ohio 47
Chicago Gr. W... 25
Chi.. M. & St. P..1724
D. &. R. G 44
do pfd 94
Ontario & Weat.... 3
Reading .......... 29
do 1st pfd 42
do 2d pfd 35
Southern Ry 34
do pfd 97
Southern Pacific .. 63
Union. Pacific 104
do 1st pfd JgJMW
do 2d pfd 65WU.
do pfd DO
s. Steel 41
Illinois Central -140
do pfd 90
Louis. & Mii....iua
yjtn trnn. Al Tex. 25
do pfd 43
do pfd 65'Spanlsh 4s
New IOTK v.eni..iou i
Consols for money, 03 15-16; do for account,
Foreigm Financial Xews.
NEW YORK. April 0. The Commercial Ad
vertiser's London financial cablegram says:
The stock market was Idle but firm today.
Americans were firm, closing at the top. The
settlement disclosed hardly any bulls. The
general contango began at 44 and eased off to
3, with even lees In St. Paul, Canadian Pa
cific, L. & N. and Southern Pacific New
York gave special attention to the two last
named stocks, bidding up Louisville & Nash
ville 2 points In 10 minutes on the street.
Copper advanced 7-16 to 63 per ton, and Rio
Tintos touched .44. The Metropolitan district
underground, railroad stock has been strong
during the last few days. A clique is buying,
and it is reported that the Speyers are now
Money, ExekaBge, Etc. .
NEW YORK, April 9. Money on call firm,
Downing, Hopkins & Co.
WHEAT AND STOCK BROKERS
Room 4, Ground Floor
507 per cent, closing bid and asked. 5406 per
cent; prime mercantile paper, 45 per cent.
Sterling exchange easy, with actual business
in bankers' bills at $4 8704 87 for demand,
and at $4 85 for 60 days; posted rates, $4 86
and $4 8S: commercial bills. $4 S4404 85.
Mexican dollars 13c
Government bonds Irregular; state bonds In
active; railroad bonds Irregular.
SAN FRANCISCO, April 0. Sterling on Lon
donSixty days, $4 88; sight, $48S.
Mexican dollars Nominal.
Drafts Sight. 12c; telegraph, 15c
LONDON, April 9. Consols, 94 11-16. Money,
203 per cent; rate of discount for short bills.
2 per cent; for three-months'- bills, 2 per
Daily Treasury Statement.
"WASHINGTON. April 9. Today's Treasury
Available cash balances $180,565,032
SAX FRAXCISCO MAHKETS.
SAN FRANCISCO, April 9. Wool Prices
have been withdrawn, as the market Is bare of
Hay Wheat, $9011 60; wheat and oat, $9011;
best barley, $7 6009; alfalfa. $8011; clover.
$708 50 per ton; straw, 40055c per bale.
"Mlllstuffs Middlings, $19 60020 60; bran,
$16017 per ton.
Onlons-$1 7502 10.
Eggs Ranch, 15c
Bananas $102 50.
Vegetables Greon peas, 203a per pound;
string beans, 100124c; asparagus, $2 2503;
tomatoes, 75c0$l 25; cucumbers, 5Oc0$l 23 per
box; garlic 1402c per pound; egg plant. 200
Citrus fruit Common California lemons, 73c;
choice, $2 50; Mexican limes, $404 50; oranges,
naval tt 'Kf79
" t "w
Apples Choice, $1 75; common, 60c per Dox.
Butter Fancy creamery, 20c; do seconds. 19c;
fancy dairy, 19c per pound; do seconds. 17c
Cheese Young America. 810c; Eastern, 13
16c; new. 9o; do old. 9011c
L - Poultry Turkey gobblers. 14015s; turkey
hens, 16017c per pound; old roosters $4 0005
per dozen; young rooster"', $6 6007 50: small
broilers. $2 5003 50; large broilers. $3 6003;
fryers. $3 6003 per dozen; hens, $4 6005 00;
old ducks, $505 50; young ducks. $708.
Potatoes Early Rose, $1 0001 75; River Bur
banks, $1 1501 40; River Reds. $1 6001 60;
Oregon Burbanks, $1 4501 80; sweets, $1 90
Receipts Flour, 6908 quarter sacks; do Ore
gon. 244S; wheat, 68.563 centals; barley, 6087
centals; beans, ,13 sacks; Oregon corn. 275
centals: potatoes, 1220 sacks; bran, 1085 sacks;
middlings, 50 sacks; hay, 3S5 tons; wool, 604
bales; hides, 293.
San Francisco Grnin Markets.
SAN FRANCISCO, April 9. Wheat firmer.
Barley strong. Oats steady.
Wheat Shipping. $1 08; milling. $1 100
Barley Feed. 9596c: brewing, 9Sc0$l.
Oats Red. $1 22401 42; white. $1 27401 45;
black. $1 1501 30.
Call board sales:
Wheat Firmer; May, $1 08; December,
$1 00; cash. $1 08.
Barley Strong; May, 03c.
Corn Large yellow, $1 37401 45.
CHICAGO. April 9. Cattle Receipt. 14.600.
Market strong to 10c higher and closing weak.
Good to prime steers, $6 0007 40; poor to me
dium. $4 6000 60; stockera and feeders, $2 600
5 25; cows, $1 7505 90; heifers. $2 508 33;
canners, $1 4002 50; bulls, $2 5005 40; calves,
$2 5005 75; Texas fed steers, $506.
Hogs Receipts today, 25,000; tomorrow, 21,
000; left over, 3000. Market steady. Mixed
and butchers. $6 6007; good to choice heavy,
$6 8507 02; rough heavy. $0 6506 85; light,
$8 6006 75: bulk of sales, $6 7007.
Sheep Receipts, 20,000; sheep and lambs, 5c
lower. Good to choice wethers, $5 2505 60;
fair to choice mixed, $4 5005 05; Western
sheep, $4 7506; native lambs, $4 7506 30;
"Western lambs, $5 2305 90.
OMAHA. April 9. Cattle Receipts, 3S00.
Market steady. Native steers, $507; cows and
heifers. $3 7500 25; Western steers, $4 7506;
Texas steers. $4 5005 30; canners, $1 6003;
stockers and feeders, $305 25; calves, $3 7507;
bulls, stags, etc, $305 25.
Hogs Receipts. 9000. Market steady and
higher. Heavy. $6 7500 00; mixed, $6 6006 75;
light, $6 6006 70; pigs, $506 25; bulk of sales,
$0 6006 75,
Sheep Receipts, 2200. Market slow and
easier. Fed mutton. $505 90; Westerns, $4
4 65; ewes. $400 40; common and stockers,
$304 75; lambs, $5 2506 75.
KANSAS CITY, April 0. Cattle Receipts.
7000. Including 500 Texans. Market steady.
Native steers. $4 6006 10; Texas cows, $3 50
06; native cows and helfors, $2 5006 50; stock
ers and feeders.. $3 0005 55; bulls. $3 5005 25;
calves, $4 5006.
Hogs Receipts, 7000. Market steady; bulk
of sales. $6 6006 00. Heavy, $C 8507; packers.
$8 6000 00; medium, $6 7506 83; light, $6
0 75; Yorkers, $6 6000 75; rigs. $5 3506.
Sheep Receipts. 3000. Market steady. Mut
tons, $5 2503 83, Iambs, $6 4000 83; range
wethers, $3 4005 85; ewes, $4 9005 30.
NEW YORK, April 9. London cables report
ed that the market for tin was about un
changed, spot closing at 125 5s and futures
at 124. But the local market declined about
60 points under celling pressure, spot closing
at $27 30027 CO.
Copper was steady here, and generally un
changed. Lake and spot closed at 12012c,
electrolytic at 12012c and casting at 32c
London was 7s 6d higher, with spot at 33 3s
and futures at 03 7s 8d.
Lead was steady, but unchanged all around.
The local price was 4c London closed at
11 Sa 9d.
Spelter was unchanged, with spot at $4 45
and London at 17 16s 3d.
The local Iron market was steady at old
prices. Pig Iron warrants nominal: No. 1
foundry Northern. $19020; No. 2 foundry
Northern, $18010; No. 1 foundry Southern.
$17 50018; No. 1 foundry Southern soft, $17 00
018. .The English markets were firm. Glas
gow closed at 53s 3d and Mlddlesboro at 47s 3d.
Bar silver, 63c.
8AN FRANCISCO, March 0. Bar silver,
LONDON, April 9. Bar silver dull, 24d.
Coffee and Sugar.
Coffee Spot Rio dull; No. 7 Invoice, 6c;
mild quiet; Cordova. 84012c
Sugar Raw weak; fair refining, 2 15-lGc;
centrifugal. 06 test, S l-16c Molasses sugar,
2 ll-16c; refined quiet.
Coffee futures market closed net unchanged to
6 points lower. Total sales, 29,000 bags In
cluding May, $5 25; July. $5 45; September,
$5 65; November, $5 80; December, $5 8300 00.
NEW YORK. April 9. Cotton closed Arm and
5014 points higher.
HUMAN GIANT HERE!
Crichton's Mountain of Flesh Out
classes All Giants of History.
The unjust and unfounded suspicions of
the numerous friends of D. "W. Crichton,
based on some of the stories he told on
his return from a recent vlrtt to British
Columbia, have caused him much mental
anguish and some sleepless hours. Be
cause he said that a saloon-keeper in
some town of British Columbia closed his
saloon during the noon hour while he went
to luncheon, and told of seeing a man
of gigantic stature over there, he has
been accused of patronizing a Swipes Nir
vana at Victoria, and it has been taore
thajj. hinted that his stories were based
on the- unsubstantiated fabric of a pipe
dream, Mr. Crichton, although deeply
pained, has maintained his composure,
Ttnowlng that the righteous are bound
to triumph, and now his triumph has come
and his vlllners and detractors will have
to go 'way back and sit down.
The giant described by Mr. Crichton has
arrived in Portland, and called at The
Oregonlan office yesterday in a furniture
Chamber of Commerce
van. Ho wished to demonstrate that Mr.
Cr.lchton Is a truthful man, and as he is
by nature and inclination a side show,
he did not wish to expose himself to pub
lic gaze, so chose a closed furniture van
of the largest size to visit The Oregonlan.
The van did not ascend In tho elevator,
but the big man did. after folding himself
double. The sight of film coming down
the hall frightened several of the force,
who are troubled with consciences, into
sllenco for the first time in their lives.
In stature this giant outclasses every
thing human, as he is 7 feet W& Inches
In height, weighs 277 pounds, and his shoes
are 2 inches long and his feet fill them
and run over some. Neither Goliath of
Gath, Saul (the big one), Thor, the Scan
dinavian hammer-thrower, the King of the
Brobdlgnagians, nor Gog and Magog, are
worthy of being mentioned In the same
day with him he outclasses them all. He
is a French Canadian, born In the North
west Territory, where the population Is
sparse, and he was not crowded. He is
well proportioned, but cracks all tho mir
rors he looks at, and in traveling has al
ways to sleep on tho floor.
If Crichton's visit to British Columbia
Is In any way responsible for this moun
tain of flesh coming here, it will be well
for Crichton to remain on this side of the
boundary line In future. The man who
closes his saloon at noon is coming over
In a few days to further vindicate Mr.
Wo take this method of Informing
homeseekers that farming, fruit and pas
ture lands can be purchased m vicinity of
Harrlsburg, Linn County, Or., for less
money, qaullty considered, than elsewhere
in the "Willamette Valley. Address W. W.
Brlggs. secretary Board of Trade.
is though, the
BIG TWIN CITIES
and ST. PAUL
and over the
FAMOUS - TRAINS
All Thro' Trains from North Pacific
Coast, connect -with Trains of this line
In Union Depot, St. Paul.
BTHE . . .
m NORTH-WESTERN LIHITED
! Is the
p Finest Train Entering Chicago.
Call or -write for information
V. H. MEAD, General Agent,
248 Alder Street, - PORTLAND, ORE
About your baggage.
The Burlington's baggage-checking
system Is as near perfection as
anything can be which is the prod
uct oJ the human brain.
Of the millions of pieces checked
via the Burlington, not one In a
hundred thousand goes astray, not
one in a million is lost.
Three routes East via Billings,
Denver or St. Paul.
TIOKET OFFICE: Cor. Third and Stark 84a
ft. W. Fostor. Tiokat Agsnt
p. S. Via Denver for magnificent
scenery; via St. Paul for fine train
service; via Billings for fast time.
Astoria & Columbia
River Railroad Co.
Depot Fifth, and
For Maygers, Rainier,
Clifton. Astoria. War
renton, Flavel, Ham
mond, Fort Stevens,
Gearhart Pic, Seaside,
Astoria and Seashore
8:00 A. M.
0:40 P. M.
Ticket office, 235 Morrison at. and Union Depot.
J. C. MAYO, Gon. Pass. Agt., Astoria, Or.
WHITE COLLAR LINE
STR. BAILET GATZERT.
Round trip dally except Sunday.
Leave Portland 7 A. M.
Leave Astoria .7 P. M.
THE DALLES-PORTLAND ROUTE.
STRS. TAHOMA AND BONITA.
Dally trips except Sunday.
Lv. Portland. Mon.. "Wed., Frl 1 A. M.
Lv. Dalles. Tues.. Thur.. Sat. 7 A. M.
Lv. Portland. Tues., Thur., Sat. 7 A. M.
Lv. Dalles. Mon.. "Wed.. Frl 7 A M.
Landing foot of Alder street, Portland, Or.
Both Phones. Main 351.
E. W. CRICHTON. AGENT, Portland, Or.
Willamette River Route
STEAMER POMONA, for Salem, Independ
ence, Albany and Corvallla. Leaves Portland
Tues., Thurs. and Sat- at 0:45 A M.
STEAMER ALTONA, for Dayton. McMInn
vllle and way landings, leaves Mon., "Wed. and
Frl.. 7 AM.
STEAMER LEONA, for Oregon City, leaves
dally at 8:30 and 11:30 A. M., 2:30 and 6:15
OREGON CITY TRANSPORTATION CO.,
Tarlor-street Docks. Phono 40.
poMo Mi i0
THREE TRAINS DA!LY
FOR ALL P0INT5 EAST
For the East via Hunt
ington. 0:00 A. M.
4:30 P. M.
For Eastern Washing
ton. "Walla "Walla. Lew
iston. Coeur d'Alene
and Gt. Northern points
0:15 P. M.
7:00 A. 1L'
For the East via Hunt-
8:60 P. M.
8:10 A- 31.
OCEAX AND RIVER SCHEDULE.
FOR SAN FRAN
CISCO. SS. Columbia
April 7, 17. 2T.
S3. Geo. "W. Elder
April 2. 12. 22.
5:00 P. M,
8:00 P. M.
FOR ASTORIA and
way points, connectlns
with str. for Ilwaco and
North Beach, str. Has.
ealo. Ash-street Dock.
8:00 P. M.
10 P. M.
5:00 P. M.:
FOR CORVALLIS and
way points, steamer
Ruth, Ash-street Dock.
FOR DATTON. Oregon
City and Yamhill Riv
er points, str. Modoc.
0:45 A. M.
6:00 P. M. !
3:00 P. St
7:00 A- M.
TICKET OFFICE. Third and Washington.
Telephone. Main 712.
PORTLAND & ASIATIC
For Yokohama and Hong Kong, call Ins t
Kobe. Nagasaki and Shanghai, taking freight
via connecting steamora for Manila, Port Ar
thur and Vladlvostock.
STRATHOYLE SADLS ABOUT APRTL 28.
For rates and full Information call on or ad
dress officials or agents of O. R. & N. Co.
Denot Fifth and
8:30 P. M.
8:30 A. M.
for Salem. Rose- 7:45 A. if.
Durg, Asniana, sac
ramento, O g d n,
San Francisco. Mo-
Jave, Los Angeles, 7;00 P. M.
El .raso, sew ur-i
leans and the East. I
(daily exceot Sun
day), morning train
connects with train
for Mt. Angel. Sll-
and Natron, and
Albany Local for
ilt. Angel and H1I
verton. 4:00 P. M.
T7:30 A. M.
4:BO P. M.
Albany passenger .. 10:10 A. M.
Corvallls passenger. 5:50 P. M.
Sheridan passenger. 8:25 A M.
"Dally. UDally except Sunday.
Rebate tickets on sale between Portland, Sac
ramento and San Francisco. Net rates $17.50
first-class and $14 second cla.?. Second class
Includes sleeper: first class does not.
Rates and tickets to Eastern points and Eu
rope. Also JAPAN CHINA. HONOLULU and
AUSTRALIA. Can be obtained at Ticket Of
fice, No. 254. cor. Washington and Third.
Passenger Depot, foot of Jefferson street.
Leave Portland dally for Oswego at 7:20 A
M.. 12:30. 1:53. 3:25. 4:40, 0 23. 8:30 P. M.
Dally except Sunday. 6:30. 0:40 A. M., 5:03,
11:30 P. M. Sunday only. 0 AM.
Arrive at Portland dally nt 8:30 A M..
1:33. 3:10, 4:30, 6:15. 7:40. 10 P. M. Dally
except Sunday. 6:33. 10:50 A. M.; except
Monday, 12:40 A. M.; Sunday only, 10:05 A ai.
Leave for Dallas dally except Sunday, 5:05
P. M. Arrive Portland 0:30 A M. Passenger
train leaves Dallas for Alrlle Mondays. Wednes
days and Friday at 3:50 P. M. Returns Tues
days and Saturdays.
R. B. MILLER. Gen. Frt & Pass. Agt.
V. A SCHILLING. City Ticket Agent.
Overland Express 2:00 P.M. 7:00 AM,;
Twin City. St. Louis A t
Kan. City Special 11:80 P.M. T:43P. M.'
pugat Sound Lunlteo. for
South Bend. Gray's
Harbor. Olympla. Ta
coma and Seattle 8:83 A.M. 3:30 P. M,
Two trains dally to Spokane, Butte, Helena
Minneapolis. St. Paul and the East,
A D. CHARLTON.
Asst. General Pass. Agt..
233 Morrison street. Portland. Or.
Pacific Coast Steamship Gb.
For South-Eastern Alaska
Leave Seattle at O P. 31.
Steamships COTTAGE CITY,
CITY OF SEATTLE or CITY
OF TOPEKA. April 5, 15, 17,
20. 20, 30; Ma 6, 11, 15.
For San Francisco
Leave SEATTLE at 0 A M. every fifth day.
Steamers connect at San Francisco Iwlth com
pany's steamers for porta In Southern Califor
nia, Mexico and Humboldt Bay.
For further Information, obtain folder. Right
Is reserved to change steamers or sailing dates.
AGENTS N. POSTON, 240 Washington at..
Portland: F. W. CARLETON, N. P. R. R.
Dock Tacoma; Ticket Office. 113 James it.,
Seattle. M. TALBOT. Comm'l Agt.; C. W.
MILLER. Asst. Gen'l Agt., Ocean Dock. Seat
tle: GOOD ALL, PERKINS & CO.. Gen'l Agt.
Ticket Office 122 Third St . Phone 680.
t riVR IThe Flyer, daily to und
No 4 tram St. Paul. Minne-;
r..i P v spoils, Duluth. Chlcigo
CIS f. x- - d aU jntou EagU
7:00 A M,
Through Palace and Tourist Sleepers, Dlnlnj
and Buffet Smoklng-Llbrary Cars.
JAPAN - AMERICAN LINE
STEAMSHIP FJIOJUN MARU
For Japan. China and all Asiatic points wtQ
About April 24l:h.
lJ twaer i
lO 0XEH&SHA51A -J
l(f) ROUTES 7q I