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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (March 13, 1903)
I THE MOKNING OREGONIAN, . TTEIDAY, MARCH 13, 1905. BOUGHT BY TRUST Absorption of California-Hawaiian Sugar Refinery, x CAUSES FLURRY IN THE TRADE Crockett Company 3a'tie Its Areata to Stop Selling la the Xortli Dried Fruit Ontlook Portland Quotation. SAX FRANCISCO, March 12. The news of the absorption by the sugar combine of the plant, output on hand and raw products, -which had been contracted for, of the California-Hawaiian Sugar Refining Company, at Crockett, has caused quite a flurry In the sugar trade here- Raw sugar Is Arm. and the beet sugar market firm. The California-Hawaiian Com pany has stopped taking orders and notified Its agents at Ixs Angeles, Portland, Sacramento, Seattle and other places to stop selling for Us account. Orders have been received by Import ers to deliver ship's cargoes of raw sugar des tined to the California-Hawaiian Company's wharves to the Spreckles people. DRIED FRUIT OUTLOOK. Condition Favorable for Good Crops the Coming Season. Discussing the dried fruit situation on the Faclfie Coast. V. A. Seggermann. a heayy deal er of New York, who lately visited California, Is quoted as saying: The outlook for the coming season is favor able for large crops of apricots, peaches and prunes. The weather during January and Feb ruary was cold and wet. The first Is consid ered a favorable condition, since it prevents an early setting of buds, and the second in sures plenty of moisture. There Is said to be more snow on the mountains now than has been known for years, and this Is favorable, as It jromises a plentiful supply of water for irrigation during the coming season. The posi tion t stocks on the Coast Is favorable for a clean-up on most descriptions. Raisins are. I think, in strong position. The total stock Is estimated not to exceed 300 carloads suitable for peedlng, and of all descriptions there are not in excess of 500 carloads. The holders are not showing any easiness, particularly on the seeded, since the period between now and the new crop under ordinary conditions of demand will see the stocks practically cleaned up from first hVnds. The stock of apricots Is very light, particu larly on good, fruit. Estimates on the total linldlnes flrure a 6u:ply not to exceed 70 car loads all told. There are between 30 and 40 carloads In the southern part of the state, of which nnlv about 10 carloads are of really good quality. Peaches appear In good supply and stock is not moving freely. Prunes are generally In firm hands. The easiness shown of late is due. In a measure, to the fact that small holders have been endeavoring to reduce their holdlmts prior to March 1. on account of the high personal tax. From now on the Coast position ought to improve. CURRANTS ARE FIRM. The Advance Expected J to Follow Strength of Grcclc Markets. Currants show marked firmness in Eastern markets, and ft corresponding strength is ex hibited In local prices. Late cables from Greece reporting that market as stronger and higher would seem to indicate that the movement is somewhat speculative. One cable. It Is stated, quoted 10s 8d per hundred weight for prompt ehipment, this price being fully on the parity of values in the East. A New Tork trade cir cular says ot currants; AVhile the position remains practically un changed, some good-sized parcels have been moved during the past few days. Holders of round lots, however, have repeatedly refused to sacrifice their holdings at anything under the market price. Stocks in the hands of the small er dealers are now virtually exhausted, and a mu'h better feeling is evident. It would seem probable that buyers will be forced to advanco their limits In order to replenish their stocks far the early Spring trade, and should lmprove m r n 1emand be seen, which may naturally be looked for at this season of the year, some adance In price must be expected. Vulcanlxed Tlmher. The Liverpool Daily Post prints the follow ing on the subject of vulcanized timber In Eng land. A considerable amount of interest has been aroused by the announcement, as the result of a prolonged series of experiments, of a method of so treating timber as to secure even from soft wood a largely Increased toughness and hardness. The process Is described as one of vulcanizing, comparable in some respects with Bessemer's process of converting Iron Into steel, and is tho Invention of Mr. Powell, a Liver pool merchant. The treatment to which the timber is subjected is, roughly speaking, that of saturation at boiling point with a solution of sugar, the water being afterwards evap oraed at a high temperature. The result is t3 Ieae the pores and interstices of the wood mid In with solid matter, and the timber vul canlzrd, preserved and seasoned. The nature of moderately soft wood, it Is claimed. Is In this way changed to a tough and hard sub stance, without brlttleness, and also without any tendency to split or crack. It Is also ren dered remarkably Impervious to water. Hard wsods similarly treated derive similar benefits. Moreover, it is claimed that the process may be completed and timber turned out ready for ue in a few days. The invention, which has been patented. Is to be brought before the at tention of the timber trade by a series of prac tical demonstrations and lectures. It Is stated that inquiries from Russia and other foreign countries have already been received. Salt Mackerel Scarce. Mall advices from Gloucester, Mass., say of salt mackerel: The market seems to be developing a very ex.-eptlonal bcarclty for mackerel of all descrip tions at this time of year. The Irish are re ported all cleaned up. and In very limited hold ings, with only about 300 barrels to come for ward ta one of the principal Importers. The total catch on the coast of Ireland during Jan nary Is stated to have been only 500 barrels, valued at ?2720. compared with 1063 barrels, va'.ued at $11,474 In January last year. It Is said that if there were any 350 count Irish la the market the holder would get his own price for them. Those available are about 200 to 280 court Of Norway ones the market is bare as to first hands, although one dealer reports a few Norway bloaters, which are firmly held at S45. Other prices are firm, with an unusually gzzi demand. Dig Snle of Yakima Hops. NORTH YAKIMA. March 12. (Special.) The first big sale of hops made in Yakima this W.n!er was closed by D. E. Lesh, representa tive of the Moxee Company, today. He sold 110 bales to the Seattle Brewing & Malting Company, at 26Hc abound. The last sales rr-aic hti, two weeks ago, were for 25c and 26c. There yet remain In the hands of the growers of the valley 3000 bales, which are bc!ng held for 30c a pound. The growers say they aria not sell till they get SOc They claim the markot conditions warrant such prices and that '.hey are able to stick 4t out with the brewers and buyers, who are attempting to break donn- the price. There will be about 400 acres planted to hops in this valley this year. PORTLAND MARKETS. Grain, Flour. Feed. Etc. The mills are doing a little buying of wheat, but are paylnc about lc less for It than, for merly Exporters are out of the market. WHEAT Walla Walla, 74875c; bluestem. S6c, Valley. 76CS0c BARLEY Feed. $23.50 per ton; brewing. $24; rolled. $24.50. OATS No. 1 white. $L153L20; gray, $L12H (fl 15 per cental. MILLSTUFFS Bran. $19 per tost; middlings. $24. shorts. $20; chop. $18. HAY Timothy, $11612: clover. $Sfl; grata. $0ftl0 per ton FLOUR Valley. $3.70 per barrel: hard wheat straights, $&33.65; sard wheat pates U, $4.30 4.70: Dakota lara wheat, $4.2005.36; Graham. $3.45S3.SE. . Batter, JEggt, Pealtry, Etc. The egg market hold its own, with receipts about the same, aad the local demand quite good. Chickens are taken up as fast as offered. Butter Is unchanged. The quotation printed yesterday on California creamery. Fancy Oregon gisdts are still scarce. Cheese is Arm. BUTTER Fancy creamery, 30g32Hc per pound; dairy, 30iJ22ic; store, 15SlSc POULTRY Chickens, mixed. 12313c per pound, young, H$412c; hens. IIS 13c; turkeys. live. lGgl7c; dressed. 20g22c; ducks, ?77.50 per dozen; geese. fOQS. CHEESE Full cream twins, -ie17c; Young America, TtHQlSMa factory prices 14 1&C less; Eastern, l'Ql'Mc per pound; Cali fornia, leei&Sc EGGS Oregon ranch, 15c "Vegetables, Frait, Etc A car of cahbage and celery came up yester day. The supply of these vegetables is about done, as Is also cauliflower. Feas are scarce an-! hither. Bad weather in California retards shipments. VEGETABLES Turnips, S0g90c per sack; carrots, SOQWc: beets. $1 per sack; parsnips, fl per sack; cauliflower, $1.85 per crate, cab bage, JJic per pound; red cabbage, 2c per pound; celery, Los Angeles, $2.1ZQ2.ZiO per crate; lettuce, head, 35c per dozen: hothouse, fLSO per box; green onions, per dozen. 12c; Brussels sprouts. 6c per pound; squash. $2.23 per hundredweight; peas, per pound, 10c; pars ley, per dozen, 25c; radishes, 23c; green arti chokes, f 1.50 per dozen; asparagus. 30c per pound; rhubarb, 12V4c per pound; cucumbers, ?2 per dozen; tomatoes, 13.50 per crate. GREEN FRUIT Apples, table. $162 per box; cooking, 75S5c; cranberries, Jersey. $11. TROPICAL FRUIT Lemons. $2.7523.25 per box; oranges, navels, $232.75 per box; seed lings. $1.502; tangerines. $2; grape fruit, $2.50 per box; bananas, $2.253 per bunch; pine apples, $5.50 per dozen. DRIED FRUIT Apples, evaporated. TKc per pound; sun-dried, sacks or boxes, CQCc; apri cots, 10c; peaches, 7HQ9c; peart, THeS&o; prunes, Italian. 4i6c; figs, California blacks. 6c; do white, 7SJc; Smyrna, 20c; plums, pitted. HS3Hc RAISINS Loose Muscatel. 4-crown, "iic; S crown. "lie: 2 -crown. 6c; unbleached, seedless Muscatel raisins, 7&c; unbleached seedless Sul tans, Cc; London layers, 3-crown, whole boxes of 20 pounds. $1.S5; 2-crown. $1.75. POTATOES Best Burbanks, 50055c per sack; ordinary. 40g50c growers' prices; Merced sweets, $2.602.75. ONIONS Oregon and Washington. 75c 0 J 1 per cental; shippers' price In carload lots, 50c per cental. Heps, Wool. Hides, Etc. HOPS 1902 crop. 2325c per pound. HIDES Dry hides. No. 1. 10 pounds and op. 1515H per pound; dry kip. No. 1, 5 to 15 pounds, 12c; dry calf. No. 1. under 5 pounds, 10c; dry raited bulls and" stags, one-third less than dry flint; salted hides, steers, sound, 60 pounds and over, SJjr&c; 50 to 60 pounds, 7 J 8c; under 50 pounds and cows, 7c; stags and bulls, sound, 5r5c: kip, sound. 15 to 20 pounds, 7c; veal, sound, 10 to 14 pounds, 7c; calf, sound! under 10 pounds, 8c; green (unsalted), le per pound less: culls, lc per pound less; horse hide's, salted, each, $I.502; dry. each, $1 1.60; colts' hides, each, 25250c; goat skins, common, each. 1015c; Angora, with wool on, each. 25c0$l. TALLOW Prime, per pound, 4C5c; No. 2 and grease. 2H3c WOOL Valley, 12"415c; Eastern Oregon. SS14c; mohair, 2528c Groceries, IV'ats, Etc. HONET 15c per No. 1 frame. COFFEE Mocha. 232Sc; Java, fancy, 26 32c; Java, good, 20ff24c; Java, ordinary, 1&9 20c; Costa Rica, fancy. 1820c; Costa Rica, good lG18c; Costa Rica, ordinary, 10812c per pound; Columbia roast, $11.75; Arbuckle's, $12.25 list: Lion. $11.75. SALMON Columbia River. 1-pound tails, $L65 per dozen; 2-pound tails, $2.40; fancy 1-pound flats, $LS0; -pound flats, $1.10; Alaska pink, 1-pound tails. 75c; red. l-oun4 tails, $1.20; cockeye, 1-pound tails, $1.45; 17 pound flats. $1.60. RICE Imperial Japan. No. 1, S3.62H; No. 2, $3.124: Carolina head. $7.25; broken head, $4. SUGAR Sack basis, net cash, per 100 pounds; cube, $5.35; powdered. $5.20; dry gran ulated. $5; extra C. $4.50; golden C. $4.40. Advances over sack basis as follows: Barrels. 10c; halt-barrels. 25c: boxes. 60c per 100 pounds. Maple. 15ff 16c per pound. Beet sugar, granulated. $4.00 per 100 pounds. BEANS Small white. 4c; large white, 4c; pinks, 3Sc; bayon. 3iic; Lima, 3c per pound. NUTS Peanuts, 6c per pound for raw, 8Q 8Vic for roasted: cocoanuts. S5(?80c per dozen; walnuts. 13VilVc per pound; pine nuts, 10 12V4o; hickory nuts, 7c; Brazil nuts, 16c; fil berts, ICQICc; faney pecans, 17c; almonds, 140 15c; chestnuts. 16c. SALT Liverpool. 60s. 45o per sack; halt ground, per ton. 5Cs, $14.50: 100s, $14; Worces ter salt, bulk, S20s. $5 per barrel; linen sacks. 50s, 80c per sack; bales, 2s. 3s. 4s. 6s and 10s, $2.10 per bale. OILS Coal oil, cases, 23c per gallon: iron barrels. 16c; wood barrels, 10c; linseed, boiled, cases. COc; barrels. 54c; Unseed, raw. ca,ses. 57c; barrels. 62c; gasoline. Iron barrels, 19'ic: cases, 26c; turpentine, cases, 78c; wood barrels, 74c; Iron barrels, 72c; lots ot 10 cases or more. 77c Collier and Atlantic white and red lead. In lots ot 500 pounds or more, 6c; less than 500 pounds. CHc. Meats and Provision. BEEF Gross, cows. $3ff3.75i steers, $4(J4.75: dressed. 6H6'7c per pound. VEAL SQ9c per pound. M CTTOX G ross. $4.50S5; dressed. CSSc HOGS Gross. $77.25; dressed, 7&QSc i BACON Portland. 15917&C per pound; East ern, fancy. 17c; standard, heavy, 15jc; bacon bellies. 1SH& HAMS Portland. 1414Hc per pound: picnic, 10c per pound; Eastern, fancy, 14Q143&C LARD Kettle rendered: Tierces, 12$c; tubs, 13c; 50a. 13c; 20s. 13Hc; 10s. 13?Jc: 5s. IStfc Standard pure: Tierces. 12c; tubs. 12c; 60s. 12Vic; 20s. 12c; 10s. 12Hc; 5i. 12ic. Com pound lard, tierces, S&c; tubs, 8c. SAUSAGE Portland, ham. 1215c per pound; minced ham, 1014c; Summer, choice dry, 17c; bologna, long, 8c ; weinerwursts, 8c; liver, 7c; pork, 9c; blood, 7c; head cheese, 7c; bologna sausage link. 7c PICKLED GOODS Portland, pigs' feet, Vr barrels, $4.50: -barrels. $2.50: 15-pound kit, $L Tripe, -barrels, $5.50: Vi-barrels. $2.75; 15-pound kit, $1; pigs' tongues; H-barreL $6. DRY-SALTED MEATS Portland clears. 12tf 1314c; backs. ll12ic: exports. 20323 pounds average. 12H613HC; butts, 310c Mining Stocks. SAN FRANCISCO, March 12. Official closing quotations for mining stocks: Andes $0 12IMexlcan ..$1 40 Belcher C2JOccIdental Con ... 46 Best & Belcher... 2 SO.Ophlr 2 05 Bullion 0 Overman 5S Caledonia 2 55 Potest 42 Challenge Con ... 64 Savage 3' 64) Savage 37 14 Seg. Belcher 31 Choliar ... Confidence Con. Cal. & Va... Crown Point .... Gould & Curry... Hale & Norcross. 1 60 Sierra Nevada 2 OO.SIlver Hill .... 43Unton Con .... 43iUtah Con 77Yellow Jacket . 87 CO 1 15 30 62 NEW YORK. March 12. Mining stocks today closed as follows: Adams Coa $0 501LUUe Chief . $0 OS Alice S3 Ontario 6 00 Breece SOjOphlr 2 00 Brunswick Con .. 2Phoenlx 8 rnmstfvk Tunnel. lllPotosi 40 Con. Cal. & Va... 2 OOlSavage 3S Horn Sliver 1 25Slerra Nevada ... 82 Iron Sliver 1 25Snrall Hopes ..... 40 Leadville Con ... Slstandard 2 00 BOSTON, March 12. Closing quotations: Adventure $ 12 50!Osceola $ 75 50 Allouex . a OCHParrott it: w Amalgamated . Daly West .... Bingham ..... Cal. & Hecla.. Centennial .... Copper Range Dominion Coal 74 62 Qulncy 120 00 39 OOJSanta Fe Cop... 2 62 , 35 25iTamarack ISO 00 . 550 00 Trlnltr 11 . 29 50;Unlted States .. 26 00 , 71 50! Utah 30 50 122 00! Victoria 7 75 12 SOTWlnona 10 50 Franklin ..... Mohawk 56 OOIWolverines 76 00 Old Dominion . siwi Metal Markets. NEW YORK. March 12. Tin advanced 10s In London to 140 5s for spot and 13S 10s for futures, but was Irregular and unsettled. Lo cally. It held higher, with spot closing at 30.60 31.25c. Conner had a sensational day in London, nrices there belnr rapidly advanced, and the market closed net 2 5s higher, at 66 10s for spot and futures. The local copper market was hlcher today, but continued unsettled and ion lnal. Standard is quoted at 14c; Lake and electrolytic at 14,75613c, and casting at 14.621& Lead was unchanged In New York at 4.3714c while In London It advanced 2s Cd to 15 15s. Spelter also advanced 2Gs In London, closing there at 23 3s Sd, but here it remained cn changed at 5-20t?5.25c Iron closed at 56 9d in Glasgow, and at 61s THd In Mlddlesboro. In New York iron was quiet and unchanged. No. 1 foundry Northern is quoted at $24ff240; No. 1 foun dry Southern and No. 1 foundry Southern soft. $23.50f 24.50; Nc 2 foundry Northern, $22 2Z.W. warrasta coetlaue asausaL RELIEF NOT REQUIRED TREASURY DEPARTMENT "WILL XOT .4 rp THE MOXEY MARKET. Growth, ot the Trade Balance Ih Oar Faver-Flabtaatleas 1r Stocka-Re-daced te a Small Maxgia. NEW YORK. March 12. The stock market today started out with its recent tendency to reverse its position of the day before. This vacillating course Is usual toward the termi nation of a wide price movement, but the arc measuring the oscillation fell to such small portions today that the room traders became discouraged la their efforts to scalp a profit, and In the end abandoned the market to seml stagnatlon. Speculative attention reverted to special causes affecting Individual stocks, and today's largest deliveries and widest move ments were in this class. There was no evidence of further urgent pres sure of liquidation, and call loans were made on the Stock Exchange at 5H per cent, and In exceptional cases at 5 per cent. This was partly due to the release of funds by the liquidation of stocks, and partly to the decreased demand. In view of the speculative dullness. It Is clear that such funds as have come to New Tork have been attracted by higher Interest rates, and the sources from which they have been drawn show the effect in a tightening of their own money rates, as in the case of Chicago. Tho volume of credits has beea more disused than reduced. Wall street was obliged to accept the Intima tion received today that the Secretary ot the Treasury had decided that the present money situation In New York, did not require action of relief by his department. The fact is beginning to be better understood that any release of Treasury holdings now will Increase the neces sity of drawing upon Government deposits with the banks to make the Panama canal payment. In so far as the payment shall be made by drawing on funds actually in the Treasury, It will go to Increase the available cash. As to whether this cash goes abroad in the shape of gold exports or remains here must depend upon the international exchange situation at the time. It Is clear that these payments will be available to foreigners, but they will neverthe less Increase the supply of loanable funds, and may be aa actual relief to the New York money market by borrowing. Today's report of the exports of domestic products for February gave a good indication of the growth of the trade balance In our fa vor, showing as It does an Increase compared with February of last year of over $20,000,000. The culmination ot the speculative rise in cot ton and the heavy selling at the reaction give promise of continued replenishment of our for eign credits by the outgo of cotton. As for the immediate money situation, the Subtreasury yesterday took another $500,000 from the market. There was a deposit of $200, 000 today fcr transfer to New Orleans and a small Subtreasury debit balance at the Clearing-house foreshadowed another heavy require ment by tomorrow's statement. There la some anxiety lest the payment on Monday of $20, 000,000 of Standard Oil dividends may disar range the money market, as it has been ehown inai me tunas collected for this purpose have been out In loans and will have to be recalled xne sioca marKet closed dull and iro.v nr the day's special movements, the rise In Amal gamated Copper was due to the excited Jump in the copper market. St. Paul was lifted apparently on the declaration of the regular dividend. Sugar weakened on the fear that the Guban treaty will be defeated. Union Pacific declined on the call for proxies by the South ern Pacific minority. Bonds were about steady. Total sales, par value. $1,075,000. Unfted States bondTwereU unchanged on the last call. CLOSING STOCK QUOTATIONS. 2 STOCK. 2 r Atchison ............... do pfd . Baltimore Si Ohio. ....I do pfd Canadian Pacific Canada Southern ' Chesapeake & Ohio..... Chicago & Alton do pfd . Chicago. Great Western. do A pfd do B pfd " Chicago & N. "SV Chicago Term. & Tran. do pfd .. . C.. C. C & St. Louis.. Colorado Southern .. do 1st pfd " do "n nfd 10,800 if 82& sis 87H 92 128S 73 46U li 69 24 1.400 m 3.100 ' eVooo 120 128H 400 46U 32 is 700 100 681 l.TOOj 60 39?; 600 39 1001157 1S&1 200 16tt 16U 16U 400, 7t 28141 29-J4 01 1.400 400 300 700 Vod 2514 66 39 I 169 2514 60H l4 39k 1C914 Delaware & Hudson...! Del., Lack. & Western. 40 170 255 jjenvcr & iuo Grande.. do pfd , Erie do 1st pfd , do 2d pfd Great Northern pfd... Hocking Valley do pfd lci 67fc! 53W 37 1 3714 100 56 m 66 52 11.200 37. 1.800 2.400 52H 192 102 9714 Illinois Central Iowa Central 1.300: 800 100 200 140 139 139 37: 37 66 41 do pfd Si Lake Erie & Western.. 1314 43 M J1U ............... Louisville & Nashville. 113 118 2.600 119 US Manhattan Elevated ... Metropolitan Street Ry. Mexican Central Mexican National 19,700 "3& iaiy 14214 142 11,800 1.100 13Z 13244 1 26 17 00 200 100 17 1IV .U.U1U. U M. -LJUIS. . . . . Missouri Pacific M.. K. & T 1.000 loss 107 10S 1.100 200 52 do Pfd 07 New Jersey Central.... 177 13S Jew xork Central .... Norfolk & Western 4.500 140 Ussi 2,200 j 719s! 304 OK, do pfd S9 30 Ontario & Westera Pennsylvania Reading 2.600 30?4 13.000 4.900 14414 143 OS N 84 7114 70 2414 6614 168 1SS do 1st pfd do 2d pfd 100 100 8414' 71 71 78 Ct Louis &. San Fran.. 1.40M 7 70 do 1st .pfd do 2d pfd 40o! 300! 400 36,800! 300 69 24 St. Louis S. W 24 do pfd 53 07 St. Paul 16914! do pfd lift) Southern Pacific 5,500 4,000 200 631! 62 62 Southern Railway ..... 32 31 13$ do pfJ 144 83 Texas & Pacific........ 2.000 3SH 37S 25?I 42 01 91 ! 27Ti S 37 Toledo. SL Li W..... 300 100 25 41 81 80 27 23 33 26 50 do pfd Union Pacific do Pfd 42 92T4 9111 28 49 43.700 1,000 800 2.400 Wabash do pfd Wheeling & Lake Erie., do 2d pfd Wisconsin Central ..... 000 2614 do pfd Express Companies 200! Adams American 215 15 United States Wells-Fargo Miscellaneous ISO 120 Amalgamated Copper .. rr.eoo 75 39 Amer. Car & Foundry., do pfd American Linseed OH.. do pfd 1.200 300 100 100 500 500 2.S0O! 3,200! 1.000 S9 9014 15 40?, 49 JO 14 39 4S 9514 Amer. Smelt. & Refln.. 4S& 85 124 64 do pfd Anaconda Mining Co 9314 1Z5 123 Brooklyn Rapid Transit 659 tH 63 Colorado Fuel d: iron.. 65W Consolidated Gas Cont. Tobacco pfd General Electric ...... Hocking Coal 800! rV? Zt 100 115 lid 191 114 300 192 200 l 17 15 19 11 International Paper ... do pfd International Power ... 500 "406j "i'oo1 100 17 54 73 5414 5414 Laclede Gas ....... National Biscuit ... National Lead ..... North American" ... Pacific Coast Pacific Mall People's Gas ....... Pressed Steel Car.. ia pfd Pullman Palace Car. Republic Steel do pfd Sugar "464 25 64' TO 46 46 5 105 100 100 coo' 64 64 38 36UI 3614 1 ltK 101H 101 000! 611i 61 oT 220 L0OO 20 79W 20H 2015 400 33.100 12514 I22i; Tennessee Coal Je Iron. L500I 63U 62 12 Union Bag & Paper Co, do pfd United States Leather. do pfd United States Rubber. do pfd United States Steel.... do pfd Western Union American Loccmottve . do nfd , 200 12 121s "i.'soo ii 400 92 16 1214 12 U mi 91 15' 51 37 SOOf 15141 15141 li.O0O!37U 36! 6 ! SSvC m 31 54 8.2001 S5W 8515 400 94 84 so3 Kansas City Southern.. do pfd Rock Island do pfd 200! 53 S.100 4354 2.100 Tfia 42U 4P 42 6! 77 Total sales for the day. 473.500 shares. BONDS. U. S. 2s. ref. reg.lOTU'Atchlson adj. 4a... 91 do coupon lOTli'C & N.W. con. 7s.l31 do Ss. reg 107!D. & R. G. 4s 8S do coupon 108 JNorthern Pac 3s.. 72 do new 4s. reg.. 135 do 4s 103 i4 do coupon 138 'Southern Pac 4s.. 90 do old 4s. reg...lOS;UnIon Pacific 4S...102.' do coupon 109 West Shore 4.... ..110 00 as, reg......-iiu ivtis. v.entrai is.... si do coupon 103 ( Stacks at Loadea. LONDON. March 12. Closing quotations: Anaconda C. Norfolk i West 72 eaiu a vao..... iu o jks .......... Wi SaS'iOatarte fc Western 31 do nfd ISO Peaasylvaala ..... 73T Caa. Pacific ..132 Reading 30 ces. . onto 47 Chi. Gr. Westera. 25 ChL, M. & SC. P.172t Denver & Bio Gr. 3SH CO 1st JHQ. ... 44 CO 2d ptd 36 Seat&era Ry 32 do Bfd 96 do ptd seiltSoetfcern Pacific iine ............. ua;uaica .raciac 9VA do 1st nf4 9fi4i1 da TDfd 9 do 2d pfd 54 U. S. Steel 3j4 Illinois Central ..143 I do pfd g Louis. St Nasa....l21 Wabash 28 M., K. &. T...... 28S do pfd 5h N. Y. Central 142! Meaer Exchange, Etc. NEW YORK. March 12. Meaey oa call firm at 5T86 per cent; highest, 6 -per cent; -closing, 5H6 per cent. Time mosey steady; 60 days and 90 days, 6 per cent; six months, per cent: prime mercantile paper, 3 per cent. Sterling exchange steady at the advance, with actual business In bankers' bills at $4.8675 for demand and $4.83254.S330 for 60 days; posted rates. $4.84 and $4.8TH: comerclal bills, $4.S2&4.83. Bar silver, 48c Mexican dollars, 3SHc " Government bonds steady; state bonds in active; railroad bonds steady. LONDON, March 12. Bar silver weak. 22d per ounce. Money, 34g-4 per cent. Rate of discount for short bills, 3 per cent; for three months, 3 per cent. SAN FRANCISCO, March 12. Silver bars, 49c per ounce. Mexican dollars, 30c. DrrJts Sight, 1214c; telegraph, 15c Sterling oa London Sixty days, $t.84U: sight. $4.SS. Bank Clearings. Clearings. Portland t $665,009 Seattle 754.8S0 Tacoma 335,470 Spokane - 331,730 Balances. $ 06.444 223,006 54.C32 63,504 Daily Treasary Statement. WASHINGTON, March 12. Today's state ment of the Treasury shows: Available cash balances .. . .$223,083,192 Gold 118,273,546 WHEAT atARICET EASIER. Light Trade and No Special Demand From Foreigner. CHICAGO. March 12. Wheat opened firm on higher cables and colder weather in the North west: May was unchanged to He higher, at 75?iS7514c The strong close at Paris caused a fair amount of buying, and the price ad vanced to 75c but with the Ught trade and with no special demand from foreigners, the market eased off. Just before the close there was general selling of May, and the price broke to 74c and final figures were, at 74 75c, a loss of -?iS14c Trading in corn was dull, and prices ruled about steady. Predictions of colder weather Induced some selling, and the market eased a little. The close on May was tic lower," at 47H47Hc Oats were exceedingly dull. Prices ruled steady, but broken when wheat declined. May closed lieiic higher, at 34c Following a Arm opening in provisions and a strong hog market, the whole list slumped quite sharply, local traders being .disposed to r?'d vthe Good. buying of lard and ribs by packers caused a rally, and. the close was easy, -with May pork 15c down, lard 7c lower, and ribs unchanged. Grain and Produce at New Yorlc. NEW TORK, March 12. Flour Receipts, 31, 400 barrels; exports, 8000 barrels. Market dull and lower to sell. Wheat Receipts, 19,850 bushels; exports. 49.- 890 bushels. Market easier. No. 2. red, S0c elevator, 81c f. o. b. afloat; No. 1 Northern Duluth, 8Sc f. o. b. afloat. Following an early decline In response to local pressure, wheat rallied on strenrth In the Northwest, smaller Interior receipts and covering. Dullness at midday, however, soon developed Into positive weakness, and the afternoon market was heavy under liquidation and light export Inoulry. closing 6c lower. March closed 83c; May, owc; juiy, uc Hops Quiet Hides Firm, Wool Firm. Petroleum Steady. Butter Receipts. 3S00 Dackaces. Market rm State dairy, extra, 2627c; creamery, 20c; June creamery, Jife-ajiC. Eggs Receipts.. 4300 packaces. Marki Arm State and Pennsylvania. 19 Vic: Wpxtrm m,. canaiea, ivc The leading futures ranged as follows: WHEAT. Opening. Highest. Lowest. Closing, May July 71 711! September 70 7034 CORN. 7014 44 2S 18 10 17 62 17 4CT 70 May , 47 44 4316 July September 43 OATS. 34 34 31 31 28 2sg MESS PORK. May 34 31 July September 2S May 18 35 18 35 1817 July 17 S5 17ST 1. ttl 17 47 September ...17 65 17 e5 LARD. May 10 25 10 25 July 1015 1015 10 12 10 00 9 87 10 15 10 02 September ... 10 10 10 10 WW SHORT RIBS. 0 07 10 02 980 - 080 May 0 85 8 70 8 57 9.87 July , 75 965 September 8 65 9 67 Cash quotations were as follows: Flour Quiet and easy. Wheat No. 2 Spring, 77c; No. 8. 70878c; No. 2 red. 73g73c. Corn No. 2, 45c; No. 2 yellow. 45c. Oats No. 2, 33c; No. 3 white, 3436c. Kye No, 2, SOc Barley Good feeding. 42o3o: fair to choice malting, 4753c Flaxseed No. 1, $1.09; No. 1 Northwestern, 31.11. Timothy seed Prime. $3.55. Mess pork-S18lS.12 per bhl. Lard $10.0710.12 per cwt. Short ribs sides Loose, J9.80S10.' Dry salted shoulders Boxed. J8.S7S9. Clover Contract grade, Sll.50ll.75. Receipts. Shipments. Flour, barrels 30,600 29.500 Wheat, bushels . 21.300 20.100 Corn, bushel zsz.500 zh.goo Oats, bushels - 274,100 188.200 Rvp. bushels 11.400 Barley, bushels 55.600 8.500 Grain at San Francisco. SAN FRANCISCO. March 12. Wheat steady. Barley strong. Oats quiet. Soot Quotations: Wheat Shipping. $L40gl.45; milling. S1.50S 1.65. Barley-Feed. $I.12L16; brewing. L1S 1.21. Oats-Red. Sl.2031.30; white. $1.25L42; black. S1.151.22. Call board sales: Wheat Steady; December, 1.20; cash, $1.45. Barley Stronger: May, $L07; December, S7c Corn Large yellow, S1.S7(?L42. Enropcan Grain Markets. LONDON, March 12. Wheat Cargoes on pas sage, buyers Indifferent; Walla Walla, 30s Cd. English country markets quiet. LIVERPOOL, March 12. Wheat firm; No. 1 standard California, 10d. Wheat and flour In Paris firm. French country markets quiet. Weather In England fine. Wool Markets. LONDON, March 12. The offerings at the wool auction sails today numbered 13.344 bales. The attendance was large. New South Wales merino combing sold briskly to the Continent. Crossbreds were chiefly taken by the home trade and Continental buyers. Broken fleece wools were In keen demand. Cape of Good Hope and Natal offerings -were large. Fine grades were firm, but low and greasy sorts were dull. ST. LOUIS. March 12. Wool Unchanged. Coffee and Sagar. NEW TORK. March 12. Coffee Spot Rio steady: No. 7 Invoice, 6c Mild quiet. Fu tures closed steady, net 5 points higher. Total sales, 7500 bags. Including: March. $4.304.35; May, $4.5034.53; July, $4.70; September, $4.85 64.80. Sugar Raw, steady; fair reanlsjf, 3c; cen trifugal. 96 test. 3c; molasses sugar, 3c; "re fined steady: crashed, $5.40; powdered, $4.50; granulated. $4.60. Dairy Prodace at Caicaso. CHICAGO. March 12. On the Produce Ex change today the batter market was steady; creameries, 18a6c; dairies, 1424c Eggs Easier, 17c Ceee Steady, 1213c. Atchlsea ... AFFECTS APPLE MARKET HEAVY RECEIPTS OP RHUBARB AT SA FRANCISCO. Old Potatoes la Larger Saapiy aaa Slow Batter Lower and EsS a. Sfaade Firmer. civ '-trn an-CISCO. March 12.-SpeclaL Grala opUons closed easier on showery -wcath- Spot wheat was urmw shipping demand. Several vessels were ut tered to load for South Africa. Spot barley and oats were steadier on-light receipts. Bran and middlings were extremely scarce and Arm Fancy and choice navel oranges are la mora demand firmer, but standards are weaK. Mex ican. Umes are nearly all sold., and the price raised to 36.50. Lemons are firmer In sympa thy, but supplies are ample. Ripe bananas are more plentiful, owing to tne warmer , . of rhubarb are beginning to affect the apple market, especially cooklngva- rictles. .Trade Is slower ana stock keens up. A carload of Southern 1 Ore gon Ben DavW arrived and sold slowly at .50 - n larzer supply and slow at previous prices., The Columbia's consign ments are not yet unloaded. Sweets advanced and may brins 31.75 tomorrow. Choice old onions are steady. Green peas are in moderate supply and steady. String beans and green peppers are scarce ana nisuer. lower under larrer arrivals. Asparagus is in lighter supply and steadier. No good tomatoes are here. ... Tho poultry market Is firm, witn youns wa ter and hens hlsher. The fourth carload os Eastern for the week sold readily. Domestic receipts of poultry are moderate. The butter market Is lower under large stocks. Creamery Is closely down to a 25c ba sis. Cheese Is very weak. Eggs are a shade firmer, with a good demand. Receipts: 57.800 pounds ot butter. 23,000 pounas 01 caeese 36.330 dozen eggs. Wool and aops are unchanged. Quotations are as follows: VEGETABLES Cucumbers, 75c$1.75; gar lic 232c per pound: green peas, 59c per pound; string beans. 15g20c; asparagus. 10 17c: tomatoes, S1.752.50; onions, cuftoc. FRUITS Apples, choice, $1.75; do common, GOc; bananas. $102.50; Mexican Umes, $6g6.50; 60c: bananas. $162,50; Mexican limes, California lemons, choice, $2.50; do common. 75c; oranges. $162.50; pineapples. $33-50. POTATOES Early Rose, $11.15; river Bur banks. 35950c;- river reds. 3035cr Salinas Bur- banks. 75cg$l: sweets, $LW; urcgon uumanns. 65cQ$l. POULTRY Turkey gobnjers, itiic; ao hens. 15U7c:' old roosters, $53.50; young roosters, $8.5037.50; small broilers. $55.50; large broilers, $5.5066: fryers, jwauoo; aens. SSflfl: old ducks. $5fl6; young ducks, $698. BUTTER Fancy creamery, 26c; do seconds. 24c; fancy dairy. 24c; do seconds, 23c EGGS Store, 1414c; fancy rancn. 10c CHEESE Toung America, 1314c; Eastern, IfVttlTUrv HAT Wheat, $11S1; wheat and oats, $11 13; barley. $10SU; alfalfa. $10312; straw. 45 E5c ter bale. MILLSTUFFS Bran, $30:i; miaoiings, $-tj 27. WCOL Fall Humboldt and Mendocino, 13 14c; mountain, 8310c HOPS 22025c per pound. RECEIPTS Flour, 83S0 quarter sacks; do Oregon, S578 quarter sacks; wheat, 170 centals; do Oregon, 4150 centals; barley, 2090 centals: oats, 73 centals: beans, 31 sacks: corn, 73 centals; do Eastern, 1200 centals; potatoes, 3491 sacks; do Oregon. 4711 sacks; middlings, 1801 sacks; wool, 208 bales; hides, 115. REVIEW OF 1ROX TRADE. No Rnsk to Make Ore Contracts Foandry Buyers Waiting;. CLEVELAND, March 12. The Iron Trade Review says: Buying of Lake Superior ores for 1803 began with this week, but too little time has elapsed since the announcement of prices for any esti mate as to the attitude of the furnace men toward tho advance of from 25c to 35c on old range ores, and of about 75c on Mesaba ores. Some contracts have been made, but there Is no rush, and probably Will, riot be until the pig iron market takes a start. In Bessemer pig Iron, while some recent statements concerning negotiations by the United States Steel Corporation have not been borne out. It Is known that the corporation and several other large steel companies are ready to buy for the second half, but there are dif ferences between buyer and seller aa to price. There Is some surprise at the small amount ot Bessemer Iron for sale for the second half, the Bessemer furnaces having less than 150,000 tons to, offer for such delivery, while It is believed the demand from the leading steel .companies alone Is for twice that amount. Present offers are in the neighborhood of $20 at furnace, and the asking price about $21. The effort of foundry buyers to break the pig Iron market by waltlnr, continues. There Is some irregularity In prices on Iron available for the flrst half, of the year, but in respect to the second half the "unwillingness of sellers to make concessions could scarcely be more pro nounced If there were concerted action. Here and there a large buyer has provided for his requirements, but such cases are the exception. Forge Iron has been quoted lower by some Southern makers, but there is no considerable buying, though it is known that large require ments In the second half are yet to be provided for. Sellers have quoted as low as 15.75 Bir mingham, but even $15.50 on round lots does not bring business. At Pittsburg a sale of 4500 tons of gray forge, delivery In the next three months. Is shipped at $21. Basic Iran for early delivery Is scarce, and Importation for the sec ond quarter Is probable. For the second half quotations are $20320.50, Central Western fur nace. -EASTERN LIVESTOCK. Prices CHrrent at Chicago, Omaha and Kansas City. CHICAGO, March 12. Cattle-Receipts, 5000. Market slow and steady. Good to prime steers, $5Q5.75; poor to medium. $3.504.80; stockers and feeders. $2.7534.80; cows. $1.404.40; heif ers. $2.25ffl.60; canners, $1.502.5O; bulls, $2 4.25; calves, $37.40. Hogs Receipts today, 17.000; tomorrow, 18. 000; left over, 6000. Market opened steady to strong and closed weak. Mixed and butchers, $7.3087.63; good to choice heavy; $7.707.80; rough heavy, $7.307.60; light. $6.907.35. Sheep Receipts, 12,000. Market for sheep steady to strong; lambs, steady to lower. Good to choice - wethers, $53.75; fair to choice mixed, $4.255: Western sheep, $53.75; na tive lamos, o'df..iu. OMAHA. March 12. Cattle Receipts, 2500. Market strong. Native steers. $3.SO5.20; cows and heifers, $3.254.10; canners. $23; stock ers and feeders, $34.50; calves, $3. 026. 50; bulls, stags, etc. $2.504.10. Hogs Receipts. 8000. Market steady. Heavy. $7.3037.43;. mixed. $7.257.30; light. $7.10 7.30; pigs, $6.5057; bulk of sales, $7.257.33. Sheep Receipts. 3500. Market steady. Fed muttons, $5.406; wethers, $4.8033.60; ewes. $45.20; common and stockers, $204.50; lambs, KANSAS CITV. March 12. Cattle Receipts, 3000, Including 200 Texans. Market strong to 10c higher. Native steers. $4.1025.25; Texas and Iridian steers, $2.654.50; Texas cows, $2.50 3.10; native cows and heifers, $1.7504.43: stockers and feeders, $3.S04.85; bulls, $2.75 64; calves. $2WgG.75; Western steers, $335; Western cows, $L7333. Hogs Receipts, 6000. Market steady to strong: bulk of sales, $7.30S7.45. Heavy, $7.3767.60; packers, '$7.2037.37; medium, $7.307.45: light, $6.8037.30; Yorkers. $7.25 7.30; pigs. $5. COg 6. 85. Sheep Receipts, 3000. Market strong. Mut tons, $3.606: lambs. $466.85; range wethers, $3.3535.50; ewes. $3.5065.70. TOBACCO TAX REBATE. Appropriation to Sapply Deficiency in the Payment. The following circular Is Issued by the Com missioner of Internal Revenue; Washington. March 5. 1803. To Collectors of Internal Revenue and Others: The act ap proved March 3, 1903, making an appropriation to supply a deficiency In the appropriation tor payment of rebate of tax on tobacco and snuff under act of April 12, 1002, and for other pur poses provides as follows: "That claim for rebates on tobacco and snuff as set out in section 4 of the act of April 12, 1802, which were presented after the 60 days' limit therein specified, shall be allowed and paid upon proper proof: provided, -that the to bacco and snuff on which such rebates are claimed were duly inventoried oa July 1, 1802, In accordance with the regulations of the Com missioner of Internal Revenue; but no such claim shall be paid unless presented prior to April 1, 1803." . All claims included In the foregeias pro- Downing, Hopkins & Go. Established 1893. WHEAT AND STOCK BROKERS Room 4, Ground Floor visions presented to Collectors or their deputies pricr to April 1, 1903, will be received and for warded to this office In the regular order, the same as though they bad been regularly pre sented within 80- days after July 1, 1902. The date of the receipt by the Collector must be a claim before transmittal to tht J. W. TERKES, Commissioner. AT THE HOTELS. THE PORTLAND. F A Teaion. Phlla E S Grigsby, Nome L McMahon, Chicago G Behnlng, N T B O Ray. Chicago W Kllpptr. N T A W Rothschilds do S Schlmmel, N T B J Taussig, San Fr J Gardner, do M Kohn. Phlla M Insell. London W A Thatcher, city Mrs C B Eberman. do G J Kinney, Seattle 11. iwaroerz. St Louis C B Hanford. Wash ington. D C A M Dollar. San Fran F D Merrill. Seattle H Luckenbach. Seattle F C Tallant, Walla W O A Rathbum, San Fr li f Elaine. Seattle uisen, ao W M Gottschalk, Mil waukee A Kolner, N Y F Schloss, do G Lombard. San Fr Mrs D Melhr fc chd, Helena J A BlshoD. San Fran J H Albert. Salem L S Simons. San Fran w J Homer. Seattle D L Stone, N T J L Boher, Chicago J Ho&inson & wife. Eugene W D Goodfellow. S F A G Merritt, Jr. Nash Miss A E Grant. Vane ville, Tenn ti t Hooper, Denver L Llebenbauer. S F W D Almy, Chicago E E Wilson. Loulsvlll W Lentz. N T W H Carew. N T G M Thonell. Chtcaso W H Anderson & -wife. jdanon. ina T Mahaffey, wf & son E C Hughes, Seattle D S Kinney, Roslyn A Klntz & wf. Clevelnd C H Fairbanks, San Fr G F Mcacham, Seattle F I, Proctor & w.Vanc C C Owens. Kansas uy Mrs M P Benton & ch. H. -Kiign. Eugene Seattle C E De Camp,- Los An) II T O'Brien, do W W Hardman, 6pokn A W Kugler, San Fr F H.Sherwln, city it 1 itnignt, a an ft R C Zlthert, Los Angl THB PERKINS, H S McGowan. Mo- S C Clark; Eugene P Clark. Eugene A Bystrom, Kalazna Mrs A Bystrom, do uowano, wash B Blssinger, Walker- vllle. Or J W DoxeyMlnnpls James Heath. -Aa l inner, uiair. Neh Mrs D Miller, do Mrs Schroeder. do H V Gates. Hlllsboro C W Henderson. San F M D Cohen, Salt Lake ueo b Brown, Nlcolal, Or J F Breng, Ft Dodge, Iowa Wilbur Swaggart, Heppner, Or Emll O Jasmer. Chgo FPIerson, Seattle Mrs P Plerson. do aiiss uates, HHlsooro R S Hutchinson, city H Stewart, N Y Mrs H Stewart. N Y B V Junko, do O G Barlow. Hlllsboro L E Mainprise, San Fr u & Murphy, Oakland, Cal rhos Prince, Eugene W A Stewart. Seattle A D Devonshire, Mon : tesano. Wash I J Mossman, Tacoma H J Lyman, Goble. Or Tancis uumler. do J H Carter, St Louis J P Anderson. Tacoma' H A Alrd.Columbus,0! N D Stafford, do j Wm Da Haven. McMln IW G Brown, Whltefld, H F S Whltehouse. Miss Mrs W G Brown, do F W Dennis. Los Angle E Brown. do j u uooper. Mciimnvi Mrs- C E Brown, do K W Brown, do Mrs J C Cooper, do 1 A I'ateet, city G R Smith, city C Knimreg, Flymth, Wis H W Schumaker. do D H Welch, Astoria E E Conley. La Grande fJ J Wlttrtck. do L E McKee, Goldendale A W Cooper, do W Glover. Wasco Mrs W Glover, do D Lounes, Pendleton Mrs D Lounes. Pendltn J H Ransom. Salem A S Quant, Pendleton L M Hale & son. Ar L Fltcher, Oascd Lcks ueo M stearllng. do F W Wlgner. Spokane L N1 Roney. Eugene Mrs L N Roney. do D W Eaves. Lewlston Thurston Daniels. Vancouver, Wash S M NIckey, Princetn, Ind J J McDonald. San Fr J Chambers. Ohio T Henderson, So Bend, Wash A B Rogers, St Paul, Minn lington, ur Alex McKinnon. Ogden R D Butler, Boyd. Or G A Ward. Wapanlta J C Chambers, do Perry S Olson. Uttle Falls, Wash Mrs P S Olson, do B Martin, do C F Walch. Yaaulna IF Of Robertson, city Miss May Smith, Nah- III A Cantfleld. do cotta. wash IMrs H T Gutridge, Po ll catello. Idaho J P Tamlesle.Hlllshrol H H French. Cove, Or Grant McClure. Or Mrs H H French, do I Laura. Hicks, Sllverton Fred Graham, Boston V G Henshaw, Iowa H Blackman. Heppner IM Gelnsberg. N Y C L Hubbard, Dallas Vernon E Floyd, John F 8 Stewart, Chicago -Day THB IMPERIAL. H J Call, Olympla Mrs Call, Olympla A Draz. St Paul J M Stark. Ind A J Gustafsen. Astoria J H Albert, Salem- H G Van Dusen.AstoraJ iiiss young, Astoria Dr Lackey, Astoria Mrs Lackey, Astoria M JHanthorn, Astoria D D Fagan, Seattle a .Langford. Astoria G D Bradford, Waverlyl Mrs Taft, Salem C W Thompson. Cased Rhoda Graham. Blalrs ville u A Molder. Goldendal (Mrs Hugh Logan, The S B Baldwin. Pendletn uaues rars .Baldwin, Pendletn b p Zimmerman, Troy, Mrs Hasbrouck, do lum R C Wills, Heppner J C Allen, Shedds Wm Albers. city r w De Huff. Dalles W F Rand. Hood River John Donovan. Coeur F Schoenberg. Hlllsbro Mrs Donovan, do G W Field. Rapid Cy J S McClure. Seattle T -rtr trav ri i - x r i -. . . . . Mrs McClure. Seattle W Hum sell. Ft Collns L W Letter, city O S Wells, city H B Cox. Seattle Geo' B Baker, Dayton W L McCabe. Seattle W R Glass, San Fran R L Ockley, Spokane Mrs Ockley. do Dr T W Harris, Eu gene W B Schoefleld, Wis Mrs Schoefleld. Wis M Splndler. Lea Ansrls Frank J Lea. N Y lutwin boss. Et Helens Mrs Boss. St Helens W Chilvers. Springfield Airs unuvers. do M Nesbltt, Goldendale ifredorick Farrlston, Baltimore J R Flynn, city C"W Hawxhurst, S F J W Opp, Jacksonville A A Townley, Sidney, Ohio W M Griffin, Baker Cy LeRoy Browne, Silver ton. Or F Walz. St Paul M A Goodlng.Berkeley Miss uooding, co A C Jennings. Eugene B W Haines, Forest G Thos F Ryan, OregonCj THE ST. August Rodlum, Da mascus C A Hancock. Kelso CHARLES. Jack Kurtls. city Wm Adkins, city james fiaaier. iulso B J Taylor. Arthur Geo Card, do W A Grtdley, Edge wood. Cal G B Heath, da Geo B Gunn, Charlotte, Mich May Porter, do J A Rowell. Scholls Fred D Adams, do O D Bower, Salem. ueo iaoaka, city Li a Chambreau. citr Mordln Keeney, Cor- J F Graham. Clatskanl vaiiis li potter, Kelso F A Elchman. Or John Greenwell, Ho qulam. Wash R A Moore. Brownsvlll IC Jows, Salem J N Turner, Scio, Or Mrs F D Nelson, Star- n j uurKe, seaside Jas Kester. Lebanon huck. Wash Mrs E D Durand, do G R Shaw, do N S McCrav. Trout Lk Lit smoole. do W It Stone, Kelso )J F Graham, Clatskanl W M Nelson, Los Angl L Tlllotson. EmDlre Mrs w m Kelson, do R P Bradley, Kalama W Armltage, Kalama John Bradley, Mani toba W Shields, do Chas Foss, Sunnyslde Dean Btanchard, Rain ,Wm Mace, Malta, Ills JoeeDh Aucknard. do C Emmonds, Lexington, Geo R. Emmonds, do G J Dulpous, Tacoma Mrs G J Dulpous. do L Mathews. Butteville F Atwood. Prtneville ier. Or W E Anderson, Dalles' S A Laselle. Albany Fred Will, Aurora Dan McCann, Cbam C R Johnson, Linnton Orin Able. Artnur W A Wright, Wash ougal Mrs W A Wright, do E R Halt, city Alex Slmson, Wash ougal Frank Talbert, Clack amas J1 C Morris. Hlllsboro Ed Trout, do Mrs C W Anderson, do M Wilbur. Los Angls Mrs M Wilbur, do M V Smith. Tacoma W S Van Dyke. San Fr James ilanary. do J D DInsmore, Salem H Canles. CaDles. Wn U H Thomas, Newberg THB ESMOND. F Howard, Kelso W N Forbes, Wasco W W SUvenet, Brook-lC H Davolt, Catlta field ivv uyon. Kelso R Caples, Brookfleld lJ Otis. View J Hillln, Cape Horn JC D Brock, Eufaula E Hayes. Goldendale L W Moore, Buena V L W Ball, Quinns A K Doud. Lebanon F McAdam. Heppner F Adams, Lebanon Roy Huggett. TacomalJas Stock, Lebanon J P Merrlfleld. SeasIde'Mrs Stock, Lebanon H A Duraan. data- !J L Peasley. Jetty kanle R R Erwin. Hood Rlvr J S Earles, Rldgefleld rt Gadd, Hood River W L Reld. Chicago C Themis. Hood River Mrs M B Howard, Mullno J B Yeon. Rainier n Bovr. Clats kanle F w Fluhrer. Mayger M Susman, Astoria A Susman, Astoria ti .ueDDer. oak -e oint P Oler. city A Hllllard. Hubbard H Sloan. Oak Point W A Proctor. Cottrell A J Palter, Cottrell L Cherrall. Vancvr T. "Knnn. Vancvr W B Coffey. Montavllla J D Scharff. city T T Martlndale, Kelso S S Strong, Iowa A Johnson, Stella j T A Henderson.Tacma Mra Henderson, do Otto Wilson, Tacoma M B Wilson S: fmy, Oregon City .T TT Mason. Tacoma B E Weymouth. San Fr w L Reld. Chicago A K David. Lebanon M S Griawold. Ilwaco J Monohan. Dilley Mrs Monohan. Dlller L Wade, Carson. Wash .airs wace, co Mrs Albright. Glencoe A D Munroe, Rainier Mrs H A Young, Oak I Geo Gibbons. Mayville Point IV w naycs, uervais W S Wilson, Oregon CI Hotel Ernnamek, Seattle, European plan, popular rates. Modern Improvements. Business center. Near depot. Tacoma Hotel.' Tacoma. American plan. Rates,- $3 and up. Hotel Donnelly. Tacoma. First-class restaurant In connection. Rainier Grand Hotel.. Seattle. rnrnnnan nlan. Finest cafe on Coast. Hdqrt. naval, military and traveling men. Rooms en suite and single. Free shower b&tbs. Rates; Ji m. ti. r. uunoax, prop. Chamber of Commerce CREDITSITUAT10NSTR0NG FINANCIAL .POSITION STREXGTH . -EXEO ABROAD. XoBt Unsettling; Factor Is the Threatening; Demands of Labor May Start a Reaction. NEW YORK. March 7. Henry Clows' week ly Wall street letter says: The stock market has experienced rather sharp declines this -week, the result of uaset tllng rumors, firm rates for money and further forced liquidation. A considerable short In terest had been created, and covering on this account served to check the decline at end of the week. While the market was In this sensi tive condition no attention was paid to good railroad earn In ra or other favorable features: and the knowledge that several syndicates had quietly liquidated recently at a loss or witnous profit only served to Increase the selling pres sure. In present monetary conditions tne con gested condition of the security market was made very amarent. and the knowledge tnat further Important creations of new railroad cap ital were pending was. ot course, uniavoraoia. to values. Many of the. financial leaders are absent, and until their return and the effect ot stringency incidental to the end ot March Is passed, no Veal change for tha better Is antici pated, although it may prove tnai me wow now being gradually discounted. Continued liquidation must eventually im prove stock; market conditions. More disap pointment than necessary -was, perhaps, snowa at the failure ot the AldrJch bllL Unquestion ably some additional relief would have been afforded by the liberty which" It gave the Treas ury to accept other high-class bonds than Gov ernments as collateral for Government depos its; but failure to secure this assistance is not; really a serious menace to the situation. It will compel continued conservatism on the part of leading bankers, which has its advantages, and may hasten the adoption ot a common sense modern, credit currency system. If it furthers the latter object tho Aldrich bill will not have died la vain, and its enemies will have wrought more jjood than they knew. The monetary situation probably shows mora underneath Improvement than the weekly bank: statement indicates. In spite of low reserves and big loans, the credit situation is probably stronger than a year ago. In tho flrst place, a very large amount of our foreign Indebted ness has been canceled, a considerable portion having been transferred to this side. This notably strengthened our position abroad; for, having demonstrated our financial abilities, Europe Is tho more willing to respond to our present demands, the course of the exchangs market Indicating the replacing of American loans abroad. Tho chief trouble here la that large .sums of money are still locking up in underwriting syndicates, not in ordinary stock speculation. Fortunately, most of these syn dicates are well backed, and the losses arising from their liquidation or expiration have fallen upon those best able to bear them. It seems very likely that further syndicate liquidation will have to be faced, and the securities thus released must find a resting place before the market resumes a really healthy condition; but from the nature ot the case such a move ment is likely to be gradual and accompanied by frequent fluctuations. One Of the most sat isfactory features Is that tne puoiic is not suffering from these or recent declines. Com mission houses are generally in exceptionally strong condition, conservative concerns having persistently advised their customers to Hghtea their holdings for months past. In consequence- the losses are railing upon weauny ooiueia, whose earlier profits render them abundantly able to meet present depreciation; in fact. In many cases the losses are not real, but only a failure to turn paper profits Into cash. Never theless, the financial situation is so contused by overdoing In some directions and by un mistakable strength In others that no safe pre dictions can be made as to the future. Further liquidation, as we said. Is Inevitable in soma Quarters, and If business continues good, if tha next harvest proves satisfactory, it we escape serious stringency next Fall, and If undesirable speculation be held firmly In check, the market may eventually be gradually ana saieiy guiaea Into a stronger position. The most unsettling factor in the Dusiness situation today Is the threatening and often unreasonable demands of labor. There aro signs that these demands have been pushed to the breaking point, simply because costs of pro duction have been pushed so high as to se riously curtail, It not destroy, profits and to check new enterprise. Such an attitude on tha part of the labor leaders Is foolish to .the last degree, and will prove most unfortunate, not only for capital, but for labor, which In tho end will be the chief sufferer from Its own ex cesses. Should present demands be enlarged and pushed to the point of rupture, it may easily start a reaction, which. If wisdom and moderation prevailed, could be Indefinitely post poned. Those who control large capital and large enterprises view the situation with serious concern. American labor Is already securing' generous reward; and if costs of production ara to be further raised our Industrial supremacy, like that of England a few years ago. will re ceive a blow requiring years of suffering and repentance for recovery. It should not be for gotten that we are unavoidably an Important factor in the world's markets, and we cannot withdraw If we would. Great Britain and Ger many, our chief rivals, are rapidly adopting all our best methods of organization and equip ping their plants with improved machinery; so that, with lower costs for labor and smaller capitalization, they are already able to outrun us In the foreign: markets until we come down to their cost ot production. The latter event must fall with most severity upon American labor, because Its present extortionate policy plays right Into the hands of foreign labor. enabling Germany and England to undersell the American product and secure a foothold from which they will be driven out onlj; through costly sacrifices and struggle. New Yorlc Cotton Markets. NEW YORK, March 12. The cotton markee closed steady, net 1 point higher to 6 points lower. Futures closed steady. April and May. 8.73c; June and July, 8.51c; August, 8.27c; faeptemoer, 8.53C; October, S.53c; November, 8.45c; December, 8.44c Spot closed dull, 10 points lower. Middling uplands, 10.05c;, dq Gulf, 10.30c; sales. 1100 bales. Aaron Jones to Speak at Salem. SALEM, Or., March 12. (Special.) Aaron Jones, master of the National Grange, will deliver an addres3 In the City Hall In this city tomorrow, evening". Ho will be Introduced by Governor Cham berlain. very Woman U Interested and shoald know about the woaderfnl MARYEL Whirling Spray The New Ladles' Syringe .uest, Haiest, Jdost convenient. v. em lk joar draftbt for ML. If he cannot supply the MARVEL. Recent co other, but send stamp for Il lustrated book rJ.lt gives fall Dartlcolars and dlreetiont ia. valaable to ladle. A KVEI. CO., Room 290 Tuneo-Bdc. New Tork. For sale hy TVoodard Clarice & Co. WILGQX TANSY PILLS i StorO years the only cafe and reliable Vs- j 1 male .ttesaiatarior an rroawss. jsrcrres within 3 cays. At drozslsta, or br stall. Price S3- Frea trial et "Tansy " aaa 1 t - woncaa'3 si sa&n- is? 293. Aaarets These tiny Capiules are supsrfoi to Balsam of Copaiba, Cubebsorlnectionst.j'i2j CURE IN 4 HOURWVy the same' diseases witkwj inconvenience. Said if all 'drujgUtL 1 1 It Wlifif54iili I ilk 1 1