Morning Oregonian., May 23, 1905, Page 15, Image 13

THE MORNING OBE(X)2A7s TUESDAY-. "MAY 23, 1905.
lb
CUMHIP IN WHEAT
Strong Demand for Light Re
maining Stocks.
CALIFORNIA BUYS HEAVILY
Engagements -3fade for Ten , FulL
Cargoes to Be Sent to San Fran
cisco Strawberry Crop
Is Uninjured.
WHEAT- Space engagements- made
for (en cargoes to be tent to San
Francisco.
FRUIT Strawberry crop not injured
by rain storm. Green apricots arrive.
VEGETABLES California .blpments
arrive In poor order.
EGGS Market firmer and half cent
higher. f
CHEESE Discrepancy In local prices
quoted.
BUTTER -Local quotation? firm and
unchanged.
The -week opened up with a good, Ftrong
California demand for northern wheat. Trad
ing w&s not extensive yesterday, as offer
mgs were not heavy. The market was quotrd
flrni and unchanged at S4S6 cents for club
and 80t?92 cents for bluestem.
The movement on present and past orders
is exceedingly heavy, and It Is probable that
the total shipments to California will rjccccd
those- of last month, which amounted to
nearly a quarter of a million bushels. Four
tfamers. the Roanoke. Kilburn. Redondo and
Aurella. have been chartered to carry full
cargoes for two trips each, and negotiations
are on for the engagement of another vwd
Everything points now to a closer clfjrw-up
of the old crop than has ever been known
here before. With the strong milling demand
and geod buying from California, it -looks
like high prices until the new crop comes on.
STRAWBERRIES NOT INJURED.
Rain Storm 'Will Only Delay Harvesting of
Crop.
The weather operated against the fruit
trade yesterday, and It was fortunate, under
the circumstances, that receipts of straw,
berries were light. About 250 crates of Call
zomias arnvra ana most of these were
chipped north, quotations holding at $1.23
to (1.50. A fair quantity of local berries
were brought In by farmers and delivered di
rect to retailers. Front street received some
white Salmons, but hardb any from up the
Valley. Jobbing prices ranged from $5.25 to $4
The light receipts were due to the rain In
terfering with picking. The berries were in
good oondltlon and showed no bad effects
from the storm. According to reports
eelved by George H. Lambcrson, .secretarj' of
the State Board of Horticulture, no damage
hes resulted to the crop from the heavy
rains of the last fw days. The ripening of
the fruit will, of course, be retarded, but
he quality has not been affected. Thf hall
Ftorm of 'last week caused no apparent- In.
jury to the crop. All that will be required
r. iw will be a. few dayajof hot weather to
bring strt wberrleti to market In a perfect
flood. As. the vine.-- Fiill have more or less
blogwms on them. the. i"aton will be pro-
longed later than expected.
CALIFORNIA PRODUCE WILTED.
Southern Cabbage Ik a Drug on Front
Street.
Trading was very good in green produce the
storm having no effect en the demand. Owing
to the alow trip of the California steamer.
the vegetables it brought up were mostly
w;i fo., anrf !. . . .
heavy supply yesterday and were alow sale
at S centp. Some California telephone peas
were received and moved well at 6 cents,
as there .wore not many good Oregon peas
on the market. Local hothouse lettuce was
again In oversupply. and cucumbers were
plentiful and dagglng. A car of very fine
Colorado itttaioes came in and were offered
at $1.15. Front street was swamped with
California cabbage of the Flat Dutch variety
Pome of which sold as low as 50 cents' a crate,
which' meant considerable lofs to the Job
bcr. Local cabbage has the preference now
and he :more will, be brought up from Call
fornla.
pouadr. 20c; dressed chick sue 13tl4;
tartteys, Mrs, 17fi8e; tarteeys. rtmZ per,
17btflc. turkeys. cheice. aogasfcc: xee.
pound, affile; ' dueka,' old. $ef7.S0; duck.
young as to else. $3f5; pigcoas, $191.25;
Vegetables. FrK, Etc
DOMESTIC FRUITS Apples, table. $1.50
2.60 per box: common, bc$$l; frtxaWri.
Oregon, jui&c per pound. California. $L?3V
1.50 per box; cherries. 51 wr box:
gooseberries. 4g6c per pound; tpricots. Jl.Sy
per crate; uqsmi Demes. per crate.
TROPICAL. FRUITS Lemons, fancy. $2.30
2.75: choice. 12.75 sr bax; oranges, nav-
e!. .fancy. $2fc2.M per box: choice, $2
2.25; standard, ?1.W1.75; Mediterranean
sweets', S2.V&iZ.Tl; ValeBclas. 93: grapefruit.
pineapples. 17.60 'per dozen.
rKESH. VEOETABLES Artlcnokea. we per j
aosen; asparagus, $1.30 per box; beans, &itc
per sound; cabbage. lGllic per pound:
cauliflower. $1.75 2 per crate; cucumbers. 75c$i
l.iO per dozes; lettuce, hotnotme. -40SOOO per
box; lettuce. licd. 12 15c per dozen:
parsley, 25 cents per dorea; peas, S6o per
pound: peppers, 25c per pound; radishes, 10
12c per dozen; rhubarb, 203c per pound; to
matoes. $3.25J4.50 per crate: squash. JL25 per
oox.
ROOT VEGETABLES Turnips, $1.23$L40
per sack; carrots, $L23L50 per sack; beets.
$L25L40 per sacfc; parsnips, 50c per dozen;
garlic. 15ffl7bc per pound. .
ONlurss uamornia reo. c; -oeniruca oc
per pound.
POTATOES uregoa tancy. i.vjvuis; com
mon. V5cvu.wi uoioraeo, xi.is; new
potatoes. 224c per rouna: ii creed anens,
l!ic rer pornd.
RAISINS Loose Muscatels, -i-crown. 73ie.
6-lsyer iluwattel raisins, 7Jc; unbleached
needless Sultanas, 6ie; London layers, 3-
crown, wnoie ooxea ox -m pouaae. ti.&ci; -crown.
S1.76.
DRIED FRUIT Apples, evaporated, 676Ue
per pound: undried, acks or boxes, none:
ajiiufw. vvmw, . VvJJV , femo.
none; pruned, Italian t., 4$5c; French,
S5ic: nrs. uanrornia oiacKs. Sric; do waitc,
none; Smyrna. 20c; Fard da.tcs, 6c; prutsa,
pitted. 6c
Groceries, 'ut. Etc .
COFFEE Mocha. 262f2Sc: Java, ordinary.
lS922c: Costa Rica, fancy. 1820c; good.
16flbc: ordinary. 10ffl2c per pound: Co
lumbia roast, cases. Wi, 513.75: W&. S13.75:
w i.i r , . t Im j t.
imperial japan a. l, Jo.oTh:
Southern Japan, Carolina. iia6c:
nroKen-neaa, -.c
$L75 per dozen; 2-pound tail's. fZ.iO; 1-pound
cats, ti.fei; fancy, jQi-pouna ns.u. ji.bo;
pound flats, $1.10: Alaska pink 1-pound talis.
&c; reo, l-pouna tans, i.3u; aocxeyes, i
pound talis, fl.SS.
SUGAR Sack baslR. 100 pounds: Cube.
30.20: powdered. 55.95: dry granulated. S5.S5:
extra. C, S5.35; golden C, 55.25; fruit sugar,
55.85: advance over eck basis as follows:
Barrels. 10c: half-barrels. 25c: boxes. 50c per
j oo pounds. (Terms: on remittance witnin to
dsys. deduct l'ie per pound; u later than 13
days and within SO days, deduct He per pound;
no discount after so days.) Keet tfusar, gn-cu-
lated, 35.75 per loo pounds; maple sugar,
152zi8c per pound.
SALT California. 511 per tan, 51.60 per
utile. Liverpool. Ws, 517; 100o. 516.50; 200s,
sic: nair-grouna iws. sj: ws.
XUTS Walnuts. lS9;c per pound by sack. 1c
extra tor itfs man sack; sr&zu nuu, l:
15c; almondo, L X. II. lttic; chestnuts, Itar
lans, I5c; Ohio, ?f.so per 2d-pound drum; pta.
nuts. raw. 7Vjc per pound: roasted. 9c: Hue
nuts, loQ12ic: hickory nuts. 7c; cocoanuts.
7c: cocoanutiv a5SD0c per dozen.
BEAKS Small white. 3r-4c: large white,
3Uc: pink, 3i4c: bayou. s;ic; Lima, 6c
Hops, Wool. Illdes, Etc.
HOPS Choice. l&Ot. 23US25C per pound.
"WOOI Eastern Ortgon. average best. 1SK5
21c; lower grades, down to 15c, according to
annnicage: auey. c per pouna.
MOHAIR-Cholce. 31032c per pound.
HIDES Dry hides. No. 1. 10 pound and ap.
16Q16i4c per pound: dry kip. No. 1. 5 to lo
pounds. llfi'13o per pound: dry calf. No. 1.
under 5 pounds. 17018c: dry salted, bulls ana
stags. one-thJrd lesa than dry flint: (cul.
moth-eaten, badly cut, scored, murrain, halr
sllpped, weather-beaten or grubby, 2Q3c per
pound lei); salted hldte, steers, sound, 60
lounda nnd over. OQIOC per pound; 50 to CO
pounds. SOi per pound: under XQ pounds
and cows. feBc per pousa; saitea stags and
bulls, sound, ttc per pound: ealted kip. sound,
15 to SO pounds. Dc per pound; salted veal,
sound. 10 to 1 pounds. 0c per pound: salted
calf, sound under 10 pounds, 10c per pound;
(green unsalted. 1c per pound less; culls, lc
per pound less). Sheep eklno: Shearlings, No.
1 butchers atock, 25f30c each; short wool. No.
1 butchers ntock. 4050c each; medium wool.
No. 1 butchers stock. GOSfcOc: long wool. No.
1 butchers' stock. $1(51.50 each. Murrain pelts
from 10 to 20 per ct-nt less or 12914c per
pouna; norse maets, F&uea, eacn, accorcmg to
size. 51.50S2; dry, each, according to lze, 515
1.50: colts' hides. 2550c each; goat skin.
common, luoibc eacn; Angora, witn wool on,
25cfi1.50 each.
TALLOW Prime, per pound, SJjgic; No. 2
and grease. ssc
PELTS be8r skins, as to size. No. 1, 550
giu each; cubs. 5162; badger. 2Sg-50c: wild
cat. with bead perfect. 2550c: noue cat.
610c; fox. common gray. 50tr70c; red. 5S9
5; cross. S515: eilver and black. 51003200:
fishers. 55u; lynx. S4.&0&6; mink, strictly
No. 1. according to size, 51CT2.50; marten,
dark Northern, according to size and color.
$1015; marten, pale. pine, according to
size and color. 52.50 J; rnuskrat, large, 103
15s: tkunk. 40S-50c: civet or polecat, 63
10c; otter, large, prime skin. S&310; pan
ther. witn nt&a ana ciaws penect. fZQii
raccoon, prime. 30S50s: mountain wolf,
with head perfect. 3X5005: coyote. SOcGJJl;
wolverine. StifiS: beaver, per skin, larce.
55C; medium. 5334; small. J1&L50; kits. 5vtf
ac.
BEESWAX Good, clean and pure. 203:
per pound.
CASCARA SAGRADA (Chlttam bark) Good,
4u4c per pound.
GRAIN BAGS Calcutta. 6Uc.
WOOL PRICES SOAR
All Markets of the World Are
Strong and Excited.
DOLLAR CLEAN PREDICTED
Many vBnyers for Every Seller Bos
ton Takes Xead in Pixlng the
Values Scarcity of Shp-
plies Abroad.
Urb Market Hrmer.
The egg market . has a firmer tone. Nearly
all sales ye&terday were made at IS cents.
Reactpts Tiave legun to slacken up. and the
local demand has improved somewhat.
Butter ivn.i quoted nrm, both on Front
street and by tlw city creamery men.
Cheese oontlnued wak. with considerable
discrepancy In pilce quoted. One firm re
lortod pales of strictly fancy full cream at
I41J cents. Elsewhere prices as low as 13ij
ccnu were quoted.
Car of Oranges Received.
The only heavy mm arrivals were- a
carloatl tot oranges. Another small shipment of
aprioots -was received and placed on 4le at
51.60 a box. The fruit was green and prac
tically unmarketable. A few crates of Logan
berries wore - received and brought 31.25. Only
four boxes of cherries arrived, the first to
come In since Friday. They were in bad
order.
Bank Clearings.
Rank clearings uf the Northwestern cities
yesterday wore as follows;
Clearings.
Portland ... .....3030.K42
Seattle 9l0,i35
Tueoma 052. 7&S
Spokane 734.2S1
Mcatb and Provisions.
BEEF Dressed, bulls. -465c per pound; cows.
iHuc; country sierea. ,utc.
MUTTON Dretcd. fancy, 6i9Mc per pound
ordinary, 494&c; Spring lambs. 77&-.
VEAL Drtsed. J0P to 125 pounds. BQCc
125 to 200 pounds. 4Qibc; 200 pounds and up.
3ff4c
PORK Dressed. 100 to 150, 77Hc; 150 ana
up, C7c per pound.
HAMS 10 to 14 pounds. 12c per pound;
14 to 16 pounds, 12ic: IS to 20 pounds. 12ic:
California (picnic), c; cottage hams, 8jc;
shoulders. Sc: boiled bam. l&c; boiled picnic
ham, boneless. 13c
BACON Fancy breakfast. ISc per pound;
standard breakfast. 15Vjc: choice, 14c: English
breakfast, 11 to 14 pounds. 13c; peach bacon.
12c .
SAUSAGE Portland, ham. I3c per pound;
minced ham. 10c; Summer, choice dry, 17c:
bologna, long. lc: wemerwurst, 8e; liver, ttc;
pork. 9c; blood. 5c: headcheese, 6c; bologna
sausage, link. 4c
DRY SALT-CURED Regular short clears.
8Vic salt, 10c smoked; clear backs. 94c salt,
lOttc smoked: clear bellies. 14 to 17 pounds
average, none, salt, none smoked; Oregon ex
purts. 20 to 25 pounds average, lOVie talt. HVie
rmoked; Union butts. 10 to IS pounds aver
age. Sc fait, 9c smoked.
PICKLED GOODS Pickled pigs' feet. J.i-fcar-rcls.
35; -barrels, $2.75; 15-pound kit. 31.25;
pickled tripe, "-barrels. 35; 14-barrels, 32.75;
15-pound Vlt. 51.25: pickled pigs tongues. i
barrej, 36: M-barrcls. S3: 15-pouna Kits. 31.50;
pickled lambs' tongue, vs-barrels. 59; tl-barrels.
35.50: 15-pound kits, 52.75.
LARD Leaf lard, kettle-rendered: Tierces.
Pc; tubs, Tc; 50, 8:c; 20s. 10c; 10s. 10c;
5f. 10t4c Stasdard pure: Tierces. fiic: tub,
8'ie: 50s. 9Hci 20.1, DUe; 10a, Kc; 5s, ?;c
Compound: Tierces, 6c; tub. 6c; 50s. 6Vic;
10s, 6tc; 5s. 6!ic
OIIs.
GASOLINE Stove gasoline, cases, 23 Vic; lroa
barrels, 17c; 6G deg. gasoline, cases.' 32c; Iron
barrels or drums, 26c
COAL OIL Case. 20c: iron barrels. 14c;
wood barrels. 17c; 63 dec, cases, 22c; Iron
barrels. 15c.
LINSEED OIL Raw. barrels. 61c; cases, 66c
Boiled: Barrels. 63c: cases. CSc: lc less In
5-barrel lots.
TURPENTINE Casm. Me? wood brrl.
Balances, i 4"c: ,ron barrel. BSC; 10-cssn lots, 33c
70.3725?', ""i1,'. J-kab Ton lots, 7;c: ooo-pound
140.454
7S.752
187.734
PORTLAND QUOTATIONS.
Grain. Flour. Feed. Etc
WHE.VT-Club. Sia&Cc per bushel; blue
stem. 8092c: Valley. S55?00c
FLOUR Patents. ,4.5u3.10 :cr barrel;
m eight?. 34-4.25; clears, $3.75tf4: Valley,
53.tH14.5: Dakota hard wheat. $tt.50fl:7.5o:
Uraham. 33.5064; whole wheatt 54&4Jj; rje
meal, per bale. 31.yoQ2.20.
BARLET Feed, 522.50 per ton; rolled, 323$
23.50.
OATS No. 1 white, feed. 326S23 per ton:
iholce milling. $2bfi2; gra. $2.50.
M1LLSTUFFS Bran, 31J per ton; middling.
524.50; shorts, 521; chop. U. S. Mills, flO;
linseed dalr- food, 31S.
CEREAL FOODS Rolled oats, cream, 90
pound tracks, 56.75; lower grades. 3586.25; oat
meal, steel cut, 50-pound sacks, 5S per barrel;
10-pound eacks. 54.25 per bale: oatmeal
(ground). 50-pound sacks. 57.50 per barrel;
lo-pound sacks. 34 per bale: pllt peas. 34 per
100-pound sack; 25-pound boxes- 51.15; -pearl
barley. 54.25 per ICO pounds; 25-pound boxes,
51.25 per box; pastry flour, 10-pound sacks.
32.50 per bale. .
HAY Timothy. 314STIC per ton: clover, 511
12: grain. SUG12; cheat. $11812.
Butter, Eggs, roultry, Etc
EGGS Oregon ranch. 18c per dozen."
BUTTER City creameries: Extra crease try.
20J?2Uie, per pound; state creameries: Fancy
creamery, 17H62Gc; store butter. 14$16c
CHEESE Oregon full - cream twins, 134c;
Young America. 1414c
POULTRY Fancy hens, lnmc: old hens.
1213e; mixed chicken. JlH12Vie: oja roost
ers, S4c;,younc roosters,-11 12c: Springs, 1H
to vS MpouBds. lS4'20c; brollesc. . 1 . to lit
lots, 7ic; less than 600-pound' Iota, Sc
Metal Markets.
NEW YORK. May 22. Expectations of a
further advance in the London tin market,
owing to reports of a virtual comer In that
market, were disappointed. On the contrary,
the cables named lower rrlees with spot at
136 12s 6d and futures at 135 10s. Locally
the tone was easier In sympathy with the
break abroad and spot was quoted at 29.909
30.25c
Copper was easier abroad also, closing at
64 5s for spot and 64 7s 6d for futures in
London. Locally the situation shows llttl
change, it Toeing reported .that sales of "both
lake and electrolytic have recently been made
betwern 15615.12HC Lake is quoted 1515.25c;
electrolytic J5SJ15.12Hc. and lasting. 14.753
15c.
Lead was a little lower at 12 7s Gd in Lon
don, but remained unchanged at -4.5034.600
locally.
Spelter was unchanged at 23 l"i 6d In Lon
don, and remained steady at d.C0$5.G0c lo
cally. Iron closed at 51s in Glasgow and at 46s
In Mlddlcnboro. Locally Iron was unchanged.
Coffee and Sagar.
NEW YORK. May 22. The market for cof
fee futures closed steady, unchanged to 5
points higher. Rales, 4750 bags. Including
July. 6.60c: September, CS3f6.SOc: October,
FkOOc: December. 7.10c; February. 7.00c;
March. 7.20c Spot Rio. quiet; No. 7. Sc;
mild. dull.
Sugar Raw. steady-; fair refining. 3 ll-16c:
centrifugal. PS test, 4 7-1 6c; molasses sugar,
3 -7-1 6c R caned, steady: crushed, f&&3: po--dered.-
.S6; granulated.' 3SC
TVool prices have climbed to a point higher
than has been known for a quarter of 'a cen
tury, and arc still rising. Scoured territory'
wools In Boston are nearly up to SO cents,
and it Is predicted by men in the trade that
the dollar mark will be reached before the
boom Is over. The excitement In the mar
met is comparable. In tho opinion of old
traders, to the reriod immedlat!) preceding
and during the Franco-Prussian war. when
prices touched altitudes nerer known before
and never realized since. Whenever the staple
is offered for sale there are plenty of buyers
to every seller. y The Boston Transcript of
M8y 11. In a review of the wool situation.
said:
The eagerness to own supplies Is intense.
and In consequence values are on the ascend
ing scale throughout f.he world. While some
merchants blleve that thwe Is now loo much
steam on and that the most reckless operators
will later come to grief, they admit that
the situation Is such that it cannot be sat
satlsfactorlly sized up and that the future
Is full of mystery. "No living man can tell
what Is the value of wool on today's mar
ket" Is the remark made by a local operator.
There ar opinions of all sorts. Scoured wools
that would not be bought by one dealer at
63 cnts during the past werk have been
quickly taken by others at three or more
cents above that price. The trading between
dealers develops all kinds of prices. The
"West Is in a ferment with the highest prices
of the seat-on paid th! week In -many sec
tions. Growers are receiving anywhere from
3 to 10 cents a pound mere for the product
of their sheep than they did last year, when
prices were considered high.
Boston Take Lead.
Boston merchants are taking the lead In
buying and fixing prices. Competition be
tween American buyers, largely from this
city, at the London auction Mien, have forced
values there far above thos ruling at tBe last
previous auction sales In March.
It looks as though there was a scarcity of
wool abroad. In the United Kingdom there
Is steady improvement In the cloth Industry,
and the demand for raw material Is Increas
ing. Continental mll are busy. The war
in the Far East is making an extraordlnary
demand for -wool suitable for the making of
blankets and other army supplies. Following
the close of the present series of London
auction sales there will be three mere, open
lng on July 4, September 19. and November
25. this year. The offering are certain to
be light! In response to an Inquiry from
this side, Antwerp cabled recently that there
was nothing In that market suitable for the
United States. Bids have gone from Boston
this week, to Montevideo, but have not been
filled. Out of 300 bales wanted, only 50 bales
were obtained.
Nothing that has recently occurred has
been the occasion of so much comment
amting members of the Boston trade as the
announcement on Wednesday that the cele-
brated Coigrift clip of Wyoming, between
400.000 and 500.000 pounds of fine and fine
medium territory woool. had been bought at
the epoch-making price of 22i cents. But It
was not tne price alone that caused such a
stir, but the fact-that the purchase was made
by the most conservative firm In Boston. It
was a sealed bid trade, and the next highest
bid wt 20S cents. Only 30 days ago the
clip could have been contracted at 19 cents.
Last year It sold at 13H cents. With two
cents added for freight the landed grease
cost In Boston Is close to 25 cents. The clip
Is lighter this year than last, its estimated
shrinkage being 68 per cent, making the low
est calculation of scoured coir 7S cents ;
pound and It may run up to SO -cent?, as
atated la the Tranieri?rfs Rawlins special
yesterday.
Wool Is Cleaned Up.
Not only Is the Wyoming clip practically
cleaned up so far as growers are concerned,
but similar conditions prevail In Nevada
Utah and Idaho. Montana. It Is estimated. Is
SO per cent contracted, with only between
5.000.000 and 7.OC0.O00 pounds left unsold.
From 22 to 25- cents has been paid. About
75 per cent of the Oregon clip has changed
hands, leaving only the Snanlko wools. It 1
said, to be disposed of. From IS cents up to
1BU cents has been paid to growers, mak
Ing the Isnded scoured cort In Boston 67'4
to 70 cents.
In Texas the markets are excited, eight
months' clips selling at 22 to 23 cents and
12 months at 25 cents In some Instances,
but mostly at 24 cents. Trades In New
Mexico are reported at 21 cents. There is
great excitement In San Francisco, the best
Northern California clips bringing 25 cents
upward, and no good clips to be bad under
24 cents. Nevada .scoured wool has sold In
San Francisco this week at 70 cents, the
same moving at 30 cents last year.
There Is considerable Increase In the clips
of Wyoming and Montana, and almost all
sections will produce more wool than las
year, according to good authorities. With a
good "Winter and excellent financial returns
last year, grower have had every Induce
ment to Increase their flocks. The clip will
be generally lighter than last year, early sam
pies from Wyoming showing a shrinkage 3
to 5 per cent less than In 1804.
In th fleece wool sections of the Mlddl
West high prices are asked and obtained. For
unwashed Medium Ohio clip as high as Sli
cents has been paid. No Ohio washed can be
touched under 35 cents, and flae unwashed Is
held for 27 to 2S cents. Bunch lots In Mich!
can hare old at 31 cents, and fine at 26
cents. One-quarter blood In Kentucky brings
24 to 34Vj cents, aad In Missouri 32 cents de
livered.
Territory wool are. of course, very firm
The Boston market, however, cannot be said
to have been established as yet. The new-
Nevada coming in has been selling at 22
cents and higher, costing 6. to 6S cents.
clean. New Arizona etock is being marketed
at 23 to 25 cents, or 63 to 67 cents, clean,
according to grade. A little new California
Is Included in the week's business, selling at
20 to 22 cents principally and costing- scoured
65 to 66 cent. In other territory, new and
old. there have been transactions on the
scoured basis of 65 to 70 cents for fine cloth
ing. 65 to 67 cents for fine medium. 65 cents
for half-blood. 63 to 65 cents for three-eights.
and about 60 cents for one-quarttr. In Phil
adelphla recent sales of "Wyomlasr -woolx are
reported to have been made at 23 to 25
cents in the grease, or 73 to u cents, dean.
Domestic scoured woe Is are. selling- to deal
ers and manufacturers at 83 to G3 cents for
average to good, and up to .0 cents for the
best. In pulled wools the most sctlv feature
Is the movement in fine, which has beea
pretty well cleaned up. Fine A, it Is
reported, have bten sold at 66 to 67 cents,
and ordinary A euper at 60 to fa cents.
"Extreme prices have been paid for good
and choice B super, sales being announced
of several hundred bags at 55 cents, 56 cents
and S6 cents.
Medium combing pulled Is qultt and thought
to be cheap at 53 to 55 cents. Nolls rnee
vrlth a good demand. Australian fine telling
at 65 cents, domestic fine at 55 cents, half-
blood at 50 to 52 cents, three-eights at 43
to -45 cent, and. one-quarter at ZS to 41
ceats.
Manufacturers continue operations in for
eign wools. One Philadelphia buyer picked
up between 500 and 1009 bales of croathreds.
and thre have been several other Imports n
purchases. Fcr Australian crossbred 41 to
42 ce'sts has been paid. Good quantities or
New Zealand crossbreds hae sold at .40
cents fcr 48s. SR14 for 4i. and 37 ceats for
36a. Fine merino Australian cold at 44 t
45 cents, costing $5 to SO cents, clean. English
wool Itt-caore active, wits. aals ot Stsitsrd
-feses at as average east ef 44H. eeatsv Arges
Unft.crettbreds are in dcs&asd and have tMi
at 36 le 37 xeata. Oiwkirase Mevievideo
wsol has been bsusht by a )al dealer at
as high as 36H eeats. The price now qeoted
for the same Is M cents. , .
The receipts f Tfrfrt 1b petoids front and
iaclstding' Jaswary 1. coisared with the cor
responding period in 1904. were as follows:
1906. 1894.
DofBcstie .C$.K.5S 3S.760.571
Fcreign S6.674.45C 34.e04.6t0
Total 104.214.121 . 69.764,621
The aggregate receipts -since Jaireary 1. 1306.
are 13.PM-103 larger than the shipments for
the sasse period. . NJ
WOOL POOL FORMED AT SALTM.
Growers Expect te Get 38 Ceats for Their
CUps.
SALEM. Or.. May 22. (Speels.1.) A number
ot woolgrowers of this city are forming a
pool of their clips and expect to offer the pool
for pain iiex- Saturday. AS high as 2S cents
his been paid here and growers expect 30
cents by Saturday. It is reported here that
number of members of the Polk County
Association are dlrsatlsAed with the sale of
their pool at Dallas recently, for the reason
that the sale was not advertised. The wool
sold at 251 j cents and it is reported that some
of the growers -will refuse to deliver their
wool.
Wyoming- "Wool Sale.
SHERIDAN. Wyo.. May 22. R. IT, Eelway.
ene of the largest sheepowners In Northern
Wyoming and Southern Montana, has sold
his wool clip of 500,000 pounds at 25 cents
pound.
Wool at St. Louis.
ST. LOUIS. May 22. Wool Steady; mtdlum
grades combing and clothing. 26?30Hc: light.
fine. 26f2Se: heavy fine. 20r?22Hc: tub washed.
2g42c.
NIIKYEM IN HOPS
Indications Rbint to Season of
Extremely High Prices.
Downing, Hopkins &Co.
Estabttsketi 1893 s
WHEAT AND STOCK BROKERS
Room 4, Ground Floor Chamber of Commerce
JO. DURST IS OPTIMISTIC
SAN FRANCISCO MARKET EXCITED.
Speculation la the Wheat Pit at White
Heat.
SAN FRANCISCO, Msy 22. Speclal.) Dur
ing early trading, excitement in the local
wheat pit was at white heat. May reached
31.49U. and December 31.34U under heavy
buying. The Chicago bulge and less favor
able reports about the California crop as
sisted the advance. Prices settled down a
little, but the cleae was firm. December bar
ley had a sympathetic advance, and closed
strong at &&K cents, the top flgpre of the
day. Cash prices for all cereals were very
firm and receipts light. Ladlng feedstuff
were firmly maintained, despite the abund
ance of green feed.
The orange market had a distinctly weaker
tendency on large supplies and lessened de
mand, caused by increased arrivals and the
greater variety of certain Summer fruits
that are claiming attention. Thirteen car
loads of navels were auctioned at a sharp
cut in price. Fancy sold at S191.S3. choice
at 00051.45; standard at C0c51.10. Receipts
of apricots were the largest of the season.
and 51.25 was the extreme top for best
offerings. The first Clyman plums Just suit
ed for shipping appeared. Cherry plums were
abundant. Alexander peaches sold at 51.259
1.50. Choice cherries were scarce and firm.
New potatoes were slow and easy at 51S1.60.
Old Burbanks were 'steady. New red onions
were weak at OOcffJl. Other early vegetables
were steady.
Butter was fairly steady, hut the supply
was ample. Cheese was weak. Ranch eggs
were firm. Receipts. 107.100 pounds butter;
28.000 pounds cheese; 3.760 dozen eggs.
VEGETABLES Cucumbers. 50cf?51.75; gar
lic, 66c; green peas. 31.5032: string bans.
2g5c; asparagus. 4",iff6Uc: torr.atos. 51. VfiC.
POULTRT Turkey gobblers, !S20c;
roosters, old. 34C4.50; do young, 30-5007.30;
broilers, small. 52.22.73: do large. 33
3.50: fryers. 55G: hens. 34.306.50; ducks.
old. 333: do young. ?6$T.
EGGS Store, 16H$lTttc: fancy ranch,
Oc.
BUTTER Fancy creamery. 21c: creamery
seconds. 18c: fancy dairy. ISc: dairy seconds.
17c
WOOL Spring. Humboldt and Medoclno,
2Cc; Nevada, 10g20c J
HOPS Nominal.
MILLSTUFrS Bran. 320.30 fj'21.50; mid
dlings. $25 27.
HAY Wheat, 511.5014.50; wheat and
oats. 510013.50: barley. $7.50510.30; alfalfa.
3S10.50: clover. $710; stocks. $5.3067.30:
straw. 23 "g 30c per bale. "
FRUIT Apples, choice, $2; common. $1;
bananas. 75C&52.50: Mexican limes. 3494.50;
California lemons, choice. 32.50: common, 75c:
oranges, navels. SI2.50; pineapples. 3293.
POTATOES River Burbanks, nominal: Ore
gon Burbanks. $1.2351.30.
CHEESE Toung America. 10311c: Eastern,
l.OISc
RECEIPTS Flour. 7014 quarter sacks;
wheat, 11.S2S centals; barley. 17S0 centals:
beans. 1482 .sacks; corn. 12S6 centals; pota
toes. 3850 sacks; bran, 400 sacks; middlings.
7 sacks: bay. 7S0 tons; wool. 204 bales; hides,
7143.
LIVESTOCK MARKETS.
Prices Quoted at Portland Union Stockyards
Yesterday.
Receipts at the Portland Union Stockyards
yesterday were 300 sheep and 30 cattle. The
following prices were quoted at the yards:
CATTLE Best Eastern Oregon steers. 34.23:
cows and heifers. 3373.50: medium. $1,508
HOGS Best large, fat hogs. $6; block and
China fat, $5.2535.50: stockers. $5.
SHEEP Best Eastern Oregon and Valley.
3.5095; medium. $44.50.
EASTERN LIVESTOCK.
Prices Current at"Kansas City. Omaha and
Chicago.,
SOUTH OMAHA, May 22. Cattle Re
ceipts 3SO0; market strong. 10c higher. ?a-
tlve steers. 54.25C10; cows and heifers.
$3.50 5: Western steers. 33.50.e5.75; can
ners. 3203.50; atockers and feederx. 5385;
calves. $366: bullr. stags, etc, 53.7364.73.
Hogs Receipts 4300; market 5c higher.
Heavy. $3.27 H 6 5.32 ; mixed. 55.27H 05.30;
light, 33.2335.30; pigs. ?45; bulk of sales,
35.27 H 65.30.
Sheep Receipts 6000; market steady to
strong. Fed muttons, shorn, $5.75 6 6.50;
"Westerns. $4.7563.80; wethers, 34.25 6 5;
ewes. 3464.S0: lambs, wooled, 36.7567.30;
do shorn, $5.7386.50.
CHICAGO. May 22. Cattle Receipts 22.
000; market steady, 10c filgher. Good to
prime steers, 25.6006.75; poor to medium,
$4.4065.50; stockers and feeders. 32.756
5.25; cows. $2.30 5; canners. 5L5062.40;
bulls, 2.004? 4.75; calves, $3 6.25.
Hogs Receipts today. 33,000; tomorrow,
23.000;' market SftlOc higher. Mixed and
butchers. $5.40 9 5.55; good to choice heavy.
$3.45 f? 5.57 H: rough' heavy. 55.10495.40;
light. 55.3565.55; bulk of sales, $5.4065.55.
Sheep Receipts 30.000; sheep 10615c
lower; lambs do. Good to cholco wethers,
shorn, 54.7503.25; fair to choice mixed,
$3.5094.50; "Western sheep. 3165.25; na
tive Iambs. $4.5036.50: Western lambs,
$3.50 7.60.
KANSAS CITY. Mo., May 22. Cattle
Receipts 3000: market 5610c higher. Na
tive steers, $4.5016.25; native cows, $2.50
05.23; stockers and feeders. $&35; West,
era fed steer. $4.5060; do cows. $3.5065.
Hogs Receipts 5000: market 5910c high
er. Bulk, of sales. $3.32 H 6 5.42 Vi; packers,
$5.3095.45: pigs and light. $4.75 6.40.
Sheep Receipts- S000; market 10c lower.
Muttons, 54.2566; lambs. 36 67.40; range
wethers. $1.75 5.50; fed ewes, $4.2564.75.
Dairy Produce in the East.
NEW YORK. May 22. Butter, firm. Street
prices, extra creamer. 2222c: oQclal prices
creamery,- extra, l&tS2c; Western factory,
common to extra. 14tlSHc; do imitation, com
mon to extra. 10620c
Cheer e. -easy. Nsw state full cream, small
white, fine. lOiic; (Jo colored. lOHc
Eggs Irregular: Western choice to fancy. 16
91Sc: do regular packings, 16Ttx617c.
CHICAGO. May 22. Oa the Produce Ex
change today the butter market was steady;
creaxaery.. 16$ 21c; dairy. 16619c
Eggs, firm. 15c for firsts; extras. ISLc.
Cheese, .steady. 10llc
Poor Crop Prospects All Over tho
"World Eastern Brewers Calling
on Dealers to Deliver
" 1 0ld Crop Oversold;
ALAMEDA. Cal.. May l.-Tthe Editor.)
The SanaTrancIsco Chronicle, under date of
May IS.' 'gives: as a matter of news that
a "prominent hop merchant and' grower"
of Sonoma County, has just returned to Cali
fornia from New Tork. "He brings back In
formation that there Is not much doing in
New York, at the present time, trade being
mostly between dealers. Brewers are not
buying much, in most cases having bought
their full supply during last Fall for deliv
ery when wanted, and now look to dealers
to supply their wants. The ruling price is
27 ms."
This Is "how th!y do It. A number of us
who have had considerable experience have
been Insisting that brewers were indifferent to
the short stocks only because they had
covered (on paper) much of their requirements
by having bought from dealers for future de
livery as needed.
A good many of my friends who are deal
ers express themselves as surprised that I
should be making such a fight against short
selling dealers. They also have Insisted that
almost all dealers had covered their short
sales, and that brewers were well stocked and
ready to do without buying any more hops
until 1003 come in.
Well. I am at last Justified by this state
ment from one of their own "merchants"
and this. In my estimation, explains the
whole situation.
The chances are that every bale of hops
remaining on the coast.- has been sold by
dealers. '
The question now is. Will growers allow
these middlemen to sell their th growers')
hops before they have bought them and then
sit still and submit to being robbed by the
short fellers comblnlnc to force prices down
so as to Increase their own profits?
I am sure California growers will not if
they can help if. We arc going to see this
"little game" out. There are only some 1600
bales In Sonoma and Mendocino Counties In
growers hand., and S70 In Sacramento
County. These with Durst Bros.' holding!
at Wheatland arc all ths hops In growers
hands In California.
Everything- Is shaping favorably fotj big
prices later on. Everyone who is unpreju
diced admits that Oregon and Washington can
not grow a blfr crop this year. Our crop In
California looks like- being less than last
year even with the new acreage included.
A correspondent, from Sonoma County
write: "You have things in your favor. The
crop is looking bad on the coast. Hot weath
er has prevailed In the East. Should bad
reports come front any other hep section
the bears will He down and die. -In Sonoma
the crop is damaged to quite an extent. The
cold weather we had some time ago did a
great deal of damage, and even now we will
not produce a large crop. There Is a small
snail at work on the roots that sucks the
sup from the sprouts as they start out. The
yards are also Infested with cut worms. The
weather is about the same as in 1000. when
we had such a small crop, and hops look
about the same as last year. There are
cr?at many missing hills, and the hops
that arc up look spindly and wiry. If there
should be a short crop coming, gee: won
thre be a panic!"
To all of this I say Amen!"
I was over the E. C. Horst Company yards
at AVheatland. where there are 620 acre In
hops, and I r.fv-r saw a poorer outlook at
this season of the year. If I am any Judge
of hops I feel sure they will not harvest
half a crop. Hops are two to three weeks
Ute, and we may rest asiured that few 1005
hops will get Into consumption before No
vember 1, and there are five full months ahead
of us yet before new hops come In.
I have kept the moat Important newa until
last. Yesterday I had a cable from England
saying. "Crop prospects are middling. Crop
prospects considerably worse than last year.
Market looks better with more inquiry and
firmer tone. Market looks strong and like ad
ranclng."
This Is from a correspondent who is abso
lutely reliable and very conservative.
i It Is the most , important cable I have had
'from England about the 1204 or 1003 crops.
It convinces mc that conditions must be
pretty bad before they would send mo such
a cable, and I feel eure that more will -be
heard on this matter.
In 18S2. England, with 20,000 acres more
In hops than now. had only SO.COt) cwts of
a crop. It Is not beyond,the bounds of pos
sibility that England ma only grow 150,
000 cwts. or even less, and If such a crop
Is grown we will surely see a panic I ad
v'xe Oregon growers not to sell a bale of
19045 even at 30 cents, and above all. don'
contract 19C5s at any price until we see
what the next 60 days will bring.
3L H. DURST.
this Influence. Some of the weakness of spe
cial stocks was attributed to the renewed
campaign by advertising- methods In favor
of selling stocks. There was the usual short
covering on the day's" decline, but pressure
was renewed and" the dosing was easy.
Bonds were weak. Total sales, par value.
33.S00.0CO. United States bonds were all un
changed on call.
CLOSING STOCK QUOTATIONS.
Closing
Sales. Uieh. Low. bid.
Atchison 12.S00 TOY, 7H
do preferred S00 101 lOlii lOlVi
Atlantic Coast Line. 3,0w 150 140 116,,
Baltimore & Ohio... 10.8O0 1071, 105 105
do preferred 1.100 06 01 6
Canadian Pacific 10,100 143Ji 142H
Central ot N. Jersey. 188
Cherapeake & Ohio.. 3,400 47 45!i 5
Chicago Alton.... 200 31 31 30
do preferred i0
Chicago Gt. Western. 6.800 lS?i 1715 17
Chi. & Northwestern. 3,000 209 205U 205
ini.. mu. &. st. . I-I.--W 1,5 toa ito
Chi. Term. & Trans. 200 17U 17i. ITU
do preferred ...... 300
C. C. C & St. L.. 800
Colorado & Southern. 10,400
a ist preferred ij
do 2d preferred.... ......
Delaware & Hudson. . 1,600
Del.. Lack. & West.
Denver iz Rio Grande-
do preferred ...... 100
Erie 21.000
do 1st preferred.... 6S.S00
do 2d preferred.... 2.300
Hocking- Valley
do preferred
Illinois Central 3.400 15S 155
Iowa Central
do preferred ...
Kansas City Southern 1,400 25
do preferred ...... 2.800 591-
Loulsv. &. Nashville. 12.300 142?i 140
Manhattan L UOO 1K1 162
Met, Securities ...... 6.S0O 77'i 74T4
Metropolitan St, Ry.. 4.500 115T lMb 115U
.Mexican central S.OOO 1! 18U lfca
imn. & sr, j-iouis
M.. St. P. &.S. S. M. .600 113 111
do preferred 3v 153U 13.Y
Missouri Pacific lO.fioo Ort 04U
mo., ivans. rexas. ,0ai zzy.
ao preicrreu ...... l,4W &Va
Mex. Nat, R. R. pfd. 400 3d
New York Central... 13.500 140
N. Y.. Ont, & West. . 4,000 48
.Norfolk & Wentern.. 3,900 77
ao preierrea
The Canfield bouse at Nerwr Tork. where
La Fayette was once a guest, and -where
Robert Fulton lived white the engine for
his pIOBter steamboat, the. Claremont, -was
ses; Tmtttt la a sfeep near by, was -cie-atreyeti
r re yesterday.
FROM STRONG TO WEAK.
Speculative Sentiment Undergoes Change In
Stock Market.
NEW YORK". May 22. The tone ot specu
latlve sentiment underwent an abrupt trans
itlon during the course of today's trading In
stocks. Defined rumors of a financial Inst!
tutlon In trouble were circulated late In the
day. The influence on feeling of the vio
lent break In prices in the latter part ot the
day was the more effective on account of
the strength shown during- the morning. Last
week's heavy liquidation and the apparent re
newal of It in the closing hours of Saturday
left the expectation ot very heavy selling
to be faced. The good resistance offered by
the market this morning caused a surprise,
and professionals were Inclined to hasten to
make - commitments on the long side of the
market. The receipt of . considerable buyinC
orders from London gave an impression also
of revived confidence in our securities on
that side of the ocean.
There was no newa to account for the sud
den accession of selling power In the mar
ket, the orders to sell appearing simultane
ously In many quarters and from an unknown
origin. The market had come practically
to a standstill before they appeared, ahd
this had a discouraging effect on those hope
ful for a further advance. The upward move
ment gave impression ot having been fos
tered for the purpose ot affording a better
basis for further liquidation and tho sus
picion got abroad that large and important
Interests were getting- out- of their holdings
of some of the most Important stocks In the
markeL
The abrupt drop in Northern Pacific was of
special influence on sentiment. It Is now
believed that the formation last week ot the
Northern Pacific directorate msy be ac
cepted ss the definite conclusion of any har
mony plans that may have been in contem
plation, and many accompany hopes of the
high values to be developed In all Northwest
ern stock by a . comprehensive plan to con
serve all Interests. There Is a disposition
to account for the persistent and determined
liquidation as being; due largely to the re
tirement of holdings acquired at another stasje
of "the attempted settlement In the North-
weje.
Another Important sentimental Influence was
renewed weakness ot the United States Steel
stocks. Reassuring assertions from author!
ties In the trade of the light Importance to
he attached to the present lull In that trade
are of little effect on sentiment la the face
of the practical weakness ot these stocks In
the market and the prevalence of the doubts
of the stability ot the Iron and steel trade
bringing into question the whole 'business out
look.
Railroad traffic officials admitted some fall
ing off Jn business on account of crop ua
certainties and- the strength of wheat today;
e the weather In the Southwest asgmeated
JIN
35fi
100 370
100 2S
04
39b
m.i
63
25Vi
53n
lTSii
370
2S
04
37
74T
61
30ii
SIVs
93
23U
52
178
332
SIS
83,
37ts
73
I1U
87
J2
I33U
23
47
23fi
57
140
162&
51
34H
I3eyt
45
76?
50
111U
153
U44
24,
661,
34k
l5s
-5i
76U
92
Pennsylvania 61.800 133H 13li 131;
P.. C. C i 1. L..
Reading 105,100
do 1st preferred.... 300
do 2d preferred.... 200
Rock Island Co 16.500
do preferred 2.40H
St, L. & S. F. 2d pfd. 1.000
ct. i3uis southwest. POO
do preferred 90O
Southern Pacific .... 32.700
do preferred
Southern Railway....
do preferred
Texas & Pacific
Tot.. St, L. & West.
do preferred '
Union Pacific
do preferred
Wabash
do preferred
Wheeling & L. Erie.
Wisconsin Central....
do preferred
COO
5.900
200
6,000
2,200
.000
91
85S
29-;
73
94 i
21
60
eoTi
118'i
29
95,
32
S3
54?4
8S)i
90
853
24t
H!
62
20
SS
5St
US
28
05'j
30
34U
52i
16,800 11S& 115
2,000 97. 90
1,200 1SH' l
600 3S 37 Hj
300 15U 15
800 21',i 21'i
600 4G, 43
Northern Pacific .... 10.500 lSli 173's 17414
cypress companies
Adams ...... ......." ...... ....
American 100 235
70
i5
2!VJ4
71V4
62
20
37T,
58
H7i
2SH
30b
Jt
1151,
15b
45
1.900 1194 'J6
1,900 93U tM4
101 1004
61 59Ti
42k 38
186b 1S5
United States ton i;
weiis-Fargo
ttccellaneous
Amalgamated Copperl25.60O 79V;
Amer. Car & Found. 8:200 S3i-
do preferred l.ooo 96U
Amer. Cotton Oil SOO 31b
do preferred
American Ice
do preferred 400 35i
Amer. Linseed Oil.. 2C0 IS
do preferred
Amer. Locomotive... 19.600 47
do preferred 200 110
Amer. Smelt, i Ref.. 87.000 llli
ao preierrea
Amer. Sugar Ref....
Amer. Tobacco pfd.
Anaconda Mlnlnsr Co. 400
Brooklyn Rao. Trans. 17.600
Colorado Fuel tt Iron. 14.100
Consolidated Gas .... 2,600
Corn Products- 900
do preferred 1.100 5S
Distillers Securities.. 1.900 42b
General Electric 1.400 170
International Paper.. , 900 10b
ao preferred soo 78H
International Pump... 300 29
co preferred 2CO 78i
National Lead 2.900 4514
North American 3,400 09
Pacific Mall 600 33'i
People's Gas 5.500 100
Pressed Steel Car... 5,200 36U
do preferred 900 91
Pullman Palace Car. 40J 232
Republic Steel 4.400 16Ti
do preferred 6.G0O 71i
Rubber Goods 4.PO0 34.
do preferred 200 102
Tenn. Coal & Iron....' "500 78
L. S. Leather 1,000 lib
do preferred ......
U. S. Realty 1.200 SS
U. S. Rubber 1.900 38
do preferred 700 105;
U. S. Steel 143.100 26
do Preferred 139.900 K"fil
Vlrg.-Caro. Chemical 2.600 32-
do preferred
Weatlnghouse Electric 8.500 159
Western Union 1,900 93
235
122
75
31
84b
31
34
IS
44
109
106U
243
225
122
240
76ii
32b
94b
::ob
32
4b
S2b
IT
42
43
108"K
BULGE IN MAY WW
DOLLAR MARK AGAIN REACHED
AT CHICAGO.
Market Appears to Be in
Hands Later Weakness
-duces Half the Gains.
Strong;
Re-
58
40
160
19
78
29
76b
42i,i
97b
!
0S1
S4S
90b
231
15b
69
334
102
ii'b
35b
104
24T,
P0?i
si;
152"
02b
94b
100b
38H
391,
1S6
"b
56b
0b
168
19
78b
2Sb
78,;
42b
97b
.Kb
PSb
34b
90
230
16
CO
33;
10.1
73
n
10.-.
85
364
104
25b
lSi
31b
lftf
157
02b
CHICAGO. May 22. The wheat mark to
day opened extremely strong, with an active
demand for the May delivery. Initial Quota
tions on May was up lc, at 99c. July was a
shade lower to "itbc higher, at $S5$5be-
The weather was again disappointing to those
who had becom satisfied that growing wheat
needed moisture. Rains were reported both
In the Northwest and Southwest. In addition
wheat prices at Liverpool were higher. The
May option appeared to be In strong hands,
and efforts of shorta to dislodge offerings
failed until the price had been bid up to -$1.03.
Mcantlms July advanced to S8ic. On tfc
4-cent advance in May there, was . enough
proflt'taking to cause a considerable reaction.
At the s&me time, factors that had been ap
parently unheeded early In the eesslon began
to have their effect on the future deliveries-
World's shipments were about 3,000.000 bush
els In excess of the amount generally ex
pected. The amount of breadstufCs on pas
sage showed an Increaso of 304.0X bushels.
In addition, a report ot a Minneapolis crop
expert, who is now Investigating the Winter
wheat situation in the Southwest, was con
sidered of a bearish character. It had been
expected that the report would b quite bull
ish, hence an estimate by this authority ot a
fair crop proved a disappointment to the
bulls. Another Tveakenlng Influence was an
Increase of 25 per cent In primary receipts.
The market, however, closed firm, with May
2 cents higher, at 5L01. Final quotations on
July were up 3?c, at SSUc
An advance of 6 cents a bushel in the
price of corn for 5tay delivery was the feature
of trading In the corn pit. The volume ot
trading which was transacted while the price
was making the sudden upward leap was
extraordinarily small. It being estimated at
net over 100,000 bushels. There was no ap
parent pressure put on the May shorts, who
seemingly had convinced themselves that they
were In a bad predicament and the sooner
they made the necessary sacrifice to get out
the better they were likely to fare. All that
the leading longs did was to refuse to sell
any May corn. This they did until the price
of May had Jumped from 53 cents at the
opening to 59 cents within half an hour ot
the start. At 59 cents the liberal profit In
sight started moderate liquidation, and a re
action eoon followed. May closed firm with
a net gain of 4 be at 56;fcc. July closed at
4Sc a net gain of be
In sympathy with the sharp advance in
other grains, oats were firm. July closed be
higher at 29bc-.
Provisions were firm early as a result of a
10c advance In the price of live hogs. Later
rentlment became eaIer on proflt-taklng. At
the close July pork was oft 3c. lard was oft
2'tc. and ribs were a shade lower.
The leading futures ranged ax follows:
WHEAT.
High.
$1.03
.80b
.82i
CORN.
May .
July .
Sept.
Open.
.$ .99
. -8b
Low. Close.
$ .99 $1.01
.85 .5Si
.314 .82b
May
July (old)
July (new)....
Sept, (old)....
Sept. (new)...
May
July
Sept.
.. '.53 ' ..sab.
.473? .4,
.474-. .45-
.47i
.475
Total sales for the day. 1.411,500 shares.
BONDS.
NEW YORK. May 22. Closing quotations:
U. S. "ref. 2s rg. 104 b Atchison Adj. 4s 96
do coupon 104 b'D. & R. G. 4s... 09b
"U. S. 3s reg 103iN. T. a G. 3bs.l00b
do coupon 104 (Nor. Pacific 3s.. 75b
U. S. new 4s rg.132 jNor. Pacific 4s. .105b
do coupon 132 I So. Pacific -is... 94b
U. S. old 4s rg.l04b"UnIon Pacific 4s.lOSi
do coupon 104blWis. Central 4s.. 91b
Stocks at London.
LONDON, May 22. Consols for money.
90U; consols for account, 90 5-16.
Anaconda 5'iJNorfolk & West. 78
Atchison 80il do preferred 9."
do preferred... 104 Ontario & West. 47b
Baltimore & O. .lOObtFennsylvania ... CSb
Can. Pacific MSbjRand Mines 10
Ches. & Ohio... 47blRadlng- 46
C Gt. Western. 19Ui do 1st pref.... 40b
C. M. & St. P.. 176 I do 2d pref 43b
DeBeers 17b 'So. Railway 29?i
D. & R. Grande. 2Sbl do preferred 96
do preferred... S6 iSo. Pacific 62
Erie 40 lUnlon Pacific 121b
do 1st pref... 79 , do preferred... 89
do 2d pref 63 iU. S. Steel 274
Illinois Centraljl60b! do preferred... 934
Louis. & Nash.. 146 b Wabash 19
Mo.. Kas. & T.. J5bl do preferred... 40
N. T. Central.. .142b!Spanlsh Fours... 90?;
- Jloney, Exchange, Etc.
NEW YORK. May 22. Money on call easy.
2?2b Pr cent: closing bid, 2 per cent; of
fered at 2b per cent. Time money, easy and
dull; 60 days. 3 per cent; 80 days, 3b per
cent: six months. 3l?3b per cent.
Prime mercantile paper 3u4f4b per cent.
Sterling exchange firm, with actual business
In bankers bills at $4.870534.8710 for demand,
and at $4.850594.8510 for 60-day bills. Posted
rates, $4.S3b4.87b. Commercial bills. $4.84;.
Bar silver, 58bc
Mexican dollars. 45c
Government bonds, steady; railroad bonds,
weak.
SAN FRANCISCO. May 22.-Sllver bars.
BSbc
Mexican dollars, nominal.
Drafts, sight. 5c; telegraph. 7bc
Sterling on London, CO days. $4.85b; sight,
$4.S7b. ' .
LONDON. May -22. Bar "silver. steady
27d per ounce. ,
Money. l4f?lb per cent.
Discount rate, short and three months
bills. 2bS2 3-16 per cent.
.. .53 .59
.. .47b -4Si
.. .47i .4Sb
.. .47b .4Sb
.. .47i .47b
OATS. "
.. .30b -31 .so; .SOb
.. .23b .29?; -29b -23b
.. .2Sb .Sb -Sb .28b
MESS PORK.
..12.55 12.53 12.50 12.50
. .12.70 12.70 12.62b 12.2b
..12.92b 12.92b 12.85 12-S7b
LARD. '
7.25 7.25
V. 7.37b 740
.. 7.55 7.57b
SHORT RIBS.
.. T.10 7.12b
.. 7.27b 7.30
.. 7.55 7.62b
Cash Quotations were as follows:
Flour Firm.
' Wheat No. 2 Spring, $1.0581.07; No. 3. $1
1.06; No. 2 red. $1.031.08.
Corn-No. 2, 56c; No. 2 yellow, 564c.
Oats No. 2, SObc: No. 2 white. 32b33c;
No. 3 white. 3132bc.
Rye No. 2. 7778c.
Barley Good feeding. 3940c: fair to choice
malting. 4649c.
Flaxseed No. 1, $1.26: No. I Northwestern,
$1.42.
Timothy seed Prime, $2.00.
Mess pork Per barrel, $12.50?T12.55.
Lard Per 100 pounds, ?7.207.22b.
Short ribs sides Loose. $7.037.15.
Short clear sides Boxed, $7.12i?J7.25.
Clover Contract grade. 51I.7512.50.
Receipts. Shipment.
May
July
Sept.
May
July ..
Sept
May ...
July ...
Sept, ..
7.20
L52b
7.10
7.27
7.50
7.22ij
7.33
7.32b
7.10
7.27-b
7.62b
Flour, barrels..
Wheat, bushels
Corn, bushels .,
Oats, bushels
Rye. bushels .
Barley, bushels
17.000
9.000
80,400
206.600
3.000
42,900
.14.10(
56.200
137,860
210.T0O
2.6O0
12,400
Grain and Produce at New York.
NEW YORK. May 22. Flour Receipts, 20,
838 barrels: exports, 1800 barrels.
Wheat Receipts 19,000 bushels: exports,
15.431 bushels: spot, firm: No. 2 red. $1.03b
nominal elevator, and 31.04b. nominal f. o.
b. afloat; No. 1 Northern Duluth. $ 1.11b
o. b. afloat: No. 1 hard Manitoba. $1.01b f.
o. b. afloat. Further crop damage report.
Including a bullish private- estimate, with
rains in the Southwest and stocks light, pro
moted an early scare of wheat shorts today
led by May. Subsequent efforts to get profits)
destroyed most of the advance, however, and
the market closed unettled at bS'fic net de
cline. May closed $1.02: July closed 83ie.
and September closed 6bc. ,
Hops Dull.
Hides Quiet,
Wool Firm,
Dally Treasury Statrmeat.
WASHINGTON, May 22. Today's statement
of the Treasury balances shows:
Available cash balance $128,961,749
Gold 71.166.770
Dried Fralt at New York.
NEW YORK". May 22. Evaporated apples
showtno change. Common to good. 4.b4C5
prime. 3Uobc: choice. &f?6bc. and fancy. 7c
Prunes show some Improvement on spot,
owing- to the firm coast advices aad a little
better demand for the larger sizes. Quotations
range from 2i?-Sc according to' grade
Apricots are a little steadier In tone, owing
to the limited offerings ot futures. Common.
lOSIObc: extra choice, llbc; tancy. 12$13c.
Peaches, steady to firm. Choice. 1010bc:
extra hflee, 18ilO4c and fancy, llb12c.
Batatas cea-tlnus steady at recent prices.
Loose museatels. 4Hr6Uc; seeded raisin,
f&c, aBd.LeHdea lay en, "$1 $1.13.
Grain at San Francisco.
SAN FRANCISCO. May 22. Wheat and bar
ley, steady. ,
Spot quotations:
Wheat Shipping. $1.45li'31.51;; " milling-.
$1.551.66U.
Barley-Feed. $L18;ei.22b: brewing, J1.22b
1.25.
Oats White. $1.57b1.60; black. $I.47b
1.50.
Call board sales Wheat, May( $1.46; D
cembre. $1.334.
Barley May. $1.181.21: December, 6Sic.
Corn-Large yellow. $1.37b1.42b.
Visible Supply of Grain.
NEW YORK. May 22. The visible supply
of grain Saturday, May 20, as compiltd by
the New York Produce Exchange, Is as follows:
Bushels.
Wheat 22.429.000
Corn 4.421. 00O
Oats , 10,230.000
Rye .. 979.000
Barley 1.373,000
Decrease.
1.741.000'
1.782,000
421.000
108.000
117.000
Wheat at Liverpool.
LIVERPOOL. May' 32. Wheat May nowf
nal; July. 6s 9bd; September. 6a 8d.
Wheat at Tacetsa.
TACOMA. May 22. Wheat Unchanged;
bluestem, 91c; club. Sic.
New York Cotton Market.
NEW YORK. May ' 22, Cottoa future
closed steady at a net advance of 1419
points. May. 8.01c; June, 7.77c; .JHly, 7,S6c;
Aisgust, 7.75c; September, 7.99cr October. 7.;
November. T.Wc; Dececaher, 8.0Se; Jaasary,
8.07c. -