THE MORNING OREGONIAN, THURSDAY, MARCH 7, 1907.
17
PRICES HOLD FIRM
Upward Tendency in Coffee
' Market.
THE SITUATION IN BRAZIL
Cover ii men t Successfully Finances
Valorization Scheme, Which Will
lie Helped by the Small
Crop in P ropect .
Thf outlook in the coffee market favors
higher range of prices. There was some
decline in futures at New York yesterday,
hut spot grades held firm at the previous
day's advance. The Brazilian government
has successfully financed Ms valorization
Hcheme and as the Indications seem to be
for a lighter crop, it is betieed in the
trade that the withdrawal of large supplies
from the market can have no other effect
than elevating prices. Commenting on the
coffee situation as affected by the Brazilian
Kovcrnment's manipulation, a leading New
York brokerage firm writes:
The consumption of coffee is very regu
lar and undergoes a steady Increase, but,
on the other hand, the production is very
irregular, and it is. therefore, a reasonable
provision to try to equalize supplies. The
Santos crop of imr-inoj was 7.000.nK hags,
tn 1W6-UM7 pos?inly double SM.OOn.uno
hugs, while according to the most reliable
information obtainable, the Santos crop of
Iiirt7-Jinj will be only 3.000,000 bags. In
view of this the Sao Paulo government is
directing Its best efforts toward a more
equable marketing of supplies, so that when
production in a season is much In excess
of consumption prices should not go down
so low as to he far below the cost of pro
duction, and then be followed by a year of
much smaller crops where production is
greatly inrerior to consumption, when the
opposite extreme swing of prices might take
place. Tho iSao Paulo government considers
that if market values for coffee remain
more stable It will be to the advantage of
the planters andgeneral trade conditions
as well.
The federal law passed by Brazil legal
ised valorization decrees that the national
credit may be invoked to the extent of
C15.000.0W to help the agriculture of the
country, such as cofTee,- and sugar, and
rubber, also, by means ef guaranteeing state
loans. But the law especially stipulates
that no advances are to be made at home
In Brazil on merchandise or otherwise,
whfher to planter, dealer or commission
merchant. The nonexistence of warehouses
in the Interior for the proper control and
protection of the merchandise or provision
for reimbursement, insurance, and so forth,
naturally preclude the making of loans
out there, and the law provides that the
advances on the merchandise shall be made
only In consuming countries, where proper
stores. Insurance and handling can be se
cured in the ordinary way. As a conse
quence, it is likely that the government
w(n hold and control a very large propor
tion of the surplus stocks of coffee in con
suming markets, thereby concentrating the
supplies in few hands. This describes the
transactions which the government has
been undertaking, and which It is follow
ing up with the object of equalization of
supplies above referred to.
POTATOES GO FORWARD FREELY.
Dealers bending Large Supplies to Sao
Francisco.
Totato shippers continue to send supplies
freely to the San Francisco market, last
night's steamer carrying between 2500 an
3000 sacks. No buying for California ac
count is being done In thU territory, ho far
nominal.' A letter received, from San Fran
cisco yesterday said:
"AH the Eastern arrivals are coming in
Vad order, as they were shipped during the
cold weather. "W'c look for future shipments
from the Kast to come In good condition, as
the weather there is moderating. Oregon
potatoes are quoted as follows: Fair to
good. $1.40 l.ir; fancy, 1. ;.tt 1.00; Karly
Ttose. Peerless. & 1 . 50 ; 1 . 'JO. " Good
sound onions are selling at $11.10.
EGGS MOVE READILY AT THE PRICE
Dealers Think It Is Too Early to Begin
Storage Operations.
With large receipts of eggs the market
cleaned up well yesterday, as there was a
good outside demand at the price. There is
a difference of opinion as to the advisabil
ity of storing egg" at this time, for, though
the price may be at the bottom, the quality
is hardly right yet. If any eggs are being
put away now. It may be only temporary.
Chickens of all kinds were In strong de
mand, but other kinds of poultry were not
wanted.
The local butter supply Is running very
short and the market is decidedly strong '
The sharp advance at San Francisco will
keep California butter out of this market
for a while.
Operations in the Hop Market.
There Is said to be a good volume of
business under way in the hop market, but
the operators are keeping most of their af
fairs to themselves. Charles Ltvesley bought
the Kirk crop of 120 bales at St. Paul, a
very fancy lot, at He, but the few other
males that have come to light have been
under 10c. At this price, which seems to be
the limit of the Eastern orders, the farmers
re indifferent sellers. No fresh 1907 con
tracts were reported yesterday.
st rang Demand for Oranges.
Three cars of oranges arrived yesterday
tind found a strong demand at firmer
prices. The California market Is quoted
very strong. Heavy rains in the south of
that state are interfering with the move
ment. A car of choice Eastern Oregon- ap
ples was received and sold well, 'several of
the varieties at $1.50. A. car of Los Angeles
cabbage was due last night. A California
letter received yesterday said the prospects
for early strawberries arc bright.
Bunk Clearing.
Bank dcaianiv of the leading cities of the
Northwest yesterday were;
Clearings. Balances.
Portland $1.5i4..V $201534
c?eat'le . LM2.24S 152.843
Tacoma 701. 38
gpeka nc 113 , ti22 Su, 315
rOKTLAXD QUOTATIONS.
Grain, Floor, Feed, Ete.
WHEAT Club, 7oc; blueetem, 72c; Val
ley, 70c; red, 68c.
OATS Ne, 1- whits. $29; gray. $28.50.
FLOUR Patents. $4.15; straights. $3.90;
clear. $3.eX; Valley; 3.tJ3iff3.75; graham flour,
$3.754r4.25; whole wheat dour. $44.50.
BARLEY Feed. $22 50 pr tun; brewing.
$23 rol.ed. $2X.5024.d.
FYS $1.4547 l.M per cwt
MILLSTUFFS Bran. city. $1T; country, $1$
per ton; middlings. $2."tf2; shorts, city. $20;
country. $21 per ton; U. S. Mills- dairy chop.
$15.50 per toni Pacific grain. $16.50 per ton.
CORN Whole. $24.50; cracked. $22.50 per
ton.
CEREAL FQODS Rolled oats, crt-am. 0
pound acka. $7: lower grades. $5.6oo.5A
MtDiftL steel cut. 45-pound sacks. $a per
barrel; -pound seek. $4.25 per bai;
catmeal ground), 45-pound sacks. $7.50 per
barrel ; ft-pound sacks. $4 per bale: split
pea, per lOO-pounds. $4.2MM.S0: pearl barley,
$464.50 per 100 pounds; pastry flour, 10-pound
sacks, $2.30 per bals.
HAY Valley timothy. No. 1. Ultl per
ton; Easter Oregon timothy, $17&18; co
tor, $9; cneat, $9; gram hay. $tXtfl0; alfalfa,
!.
Batter. Eggs. Poultry, Ft
BUTTER City creameries: Extra cream-
iy, R5o per pound. State creameries:
Fancy creamery. 32 35c; store butter. 1
2-.
BUTTER FAT First grade cream, S3Sc
per pound; second grade cream. 2c leae per
pound.
f fV-: Young America, 15M6c per pound,
f Ot'LTRY Aerag old hens. 14J5c;
mixed chickens. 13V.$14c: Spring, fryers and
broiler. 20ft'J21-c'r old roosters, V'S'luc; aressedi
chickens, 13.? 16c; turkeys, live, 136 15c;
turkeys, dressed, choice. 18 20c; geese,
live, per pound, Sc; ducks. 16lSc; pigeons,
Jltjl-iU; squabs, 2'jx3.
EGGS Oregon ranch, 17c per dozen.
CHEESE Oregon full cream twins, 14
Vegetables. Fruits. Etc
DOMESTIC FRUITS Apples, common,
75cJ1.25 per box; choice, $1.502.50; cran
berries, $10 per barrel.
TROPICAL FRUITS Lemons, fancy.
?3.25-4 box: orange. navel?. J22.75;
grapefruit. $3 3. 50; bananas. 4jj:5o per
pound; tangerines. $1.501-75-
ROOT VEGETABLES Turnips, $1(91.23
per sack; carrots, $11.2S per sack; beets,
.51.250 1.30 per sack: garlic. 7 4 010c per
pound; horseradish, 7Sc per pound; chicory,
aoc.
FRESH VEGETABLES Cabbage. Cali
fornia, 2tc per pound; cauliflower, $2.50 per
dozen; celery, $3.o03.75 crate; lettuce, head,
Uo(6M5c dozen; onions, 10(&12c per dozen?
tomatoes, $2-23 crate; parsley. 2..!g30c; arti
chokes, SI per dozen ; hothouse lettuce. $2
per box; sprouts, 9c; peas. 15c: radishes.
26 30c; Bell peppers. 30 & 35c per pound;
rhubarb. 11c per pound; cucumbers, $22.50
per dozen; asparagus, 15c per pound. (
ONIONS Oregon. 00c ?1 per hundred.
DRIED FRUITS Apples, ?8Hc pound;
apricots, 16 19c; peaches. Ii 013c: pears.
IlttGMc: Italian prunes. 2 06c: Califor
nia figs, white, in sacks, 5ac per pound:
black. 4Hc5-Sc: cricks. 75c $2 25 per box:
gym ma, 18&Q20o pound; dates, Persian,
7c pound.
- POTATOES Buylnr prices: Oregon Bur
banks, fancy. $1:35; No. I choice, $11.25;
common. 75c$l.
RAISINS Layers and clusters. 2 -crown,
$2.15; 8-crown, $2.26; 5-crcwn. 13.10; -crown,
$3.50: loose muscatels. 2 -crown. 8c;
8-crown, 84&c; 4-crown. Oe; seedless,
Thompsons. 10Hc: Sultanas. 9Q12&
Dressed Meats.
VEAL Dressed, 75(g) 125 pounds. 89c
1M to 150 pounds, 7c; lfio to 2u0 pounds. 6c;
200 pound and up. 6V&6c
BEEF Dressed bulls, 2V-3c per
pound; co . 4H5sc; country steers, 5
MUTTON Dressed. fancy. 8Q&o - per
pound: ordinary. 6 7c.
PORK Dressed, 100 to 130 pounds, 80c;
150 to 200 pounds, 7Q7Me; 2O0 pounds and
BP. 60Hc
Groceries, 'uts. Etc.
RICES Imperial Japan No. 1, C&c; South
ern Japan. 5.40c; head, A.75c.
COFFEE Mocha. 2428c; Java, ordinary,
)7&20c; Costa Rk-a, fancy, lRlMc; good. it
18c: ordinary. 12-16-: per pound. Columbia
roast. ca,se. ll0a. $14.50; Sua, $14.75; Ar
buckie. tlB.ti.1; Lion, $15.75.
SALMON Columbia River, 1-pound tails,
$1.75 per doi. ; 2-pound tails, $2.40; 1-pound
fiats, $1.10; Alaska, pink. 1-pound talis, 05c;
red. 1-pound tails, $1.25; sockeye, 1-pound
talis, $1.70.
SUGAR Sack basis, 100 pounds, cube.
SA.17H; powdered. $5.07: granulated,
$4.02; extra C, $4.42; golden C, $4.32;
fruit sugar. 4.02: berry, 4.02; A. A. A..
$4.72; star. $4.92. Advance salee over sack
basis as follows : Barrels, 10c ; bar
rels, 25c; boxes, 50c per 100 pounds. Terms:
On remittances within 15 days deduct o
per pound: it later than 15 days and within
30 days, deduct c; beet sugar, $4.72 per
100 pounds; maple sugar. 1518c per pound.
NUTS Walnuts, Hlt&20o per pound by
sack; Brazil nut, lite- ftlhMrtn. .fie- nnnns
j jumbos, 23c, extra large 21c; almonds, 18
wi citrni.il u to, .jmu. i ; Italian, it w
an 1 nsflnllK raw fl.VfliKI:,,. n.r nn,rA
roasted, lOc; plnenuts, 10(& 12c; hickory nuts;
10c; cocoa nuts. 3563 90c per dozen.
SALT Granulated. $14 per ton; $1.05 per
bale; half-ground, 100s. $10 per ton; 509, $10.50
pe rton.
BEANS Small white. Zc; large white.
3c: pink. 3c; bayou, 3c; Lima, 5c; Mex
lcarui, red, 4c.
HONEY Fancy, $3.253.60 per box.
Previsions and Canned Meats.
BACON Fancy breakfast, 21 c pound;
standard breakfast, 18c; choice, 17 ; Eng
lish, 11 to 14 pounds, 17c; peach. 16c.
HAMS 1 0 to 11 pounds, 10 c pound ;
14 to 16 pounds, 10c; 18 to 20 pounds, I6e;
picnics, 12c; cottage, 11 c; shoulders, 12c;
bol!t;d, 25c; boiled picnic, boneless, 20c.
BARRELED GOODS Pork, barrels. $20;
half-barrels, $11 ; beef, barrels, $10, half-barrels,
$5.50.
SAUSAGE Ham, 13c per pound : minced
ham, lOc; Summer, choice dry, 17c; bo
logna, long, 6c; welnerwurst, 10c; liver, 6c;
pork, lOc; headcheese. 6c; blood. 6c; bologna
links, 6&c.
DRY SALT CURED Regular- short clears,
dry salt, 12c; smoked, 13c; clear backs,
dry salt, 12c; smoked, 13c; clear bellies,
14 to 17 pounds average, dry salt, 12 c;
smoked, 13 c ; Oregon exports, dry salt,
none : smoked, none.
LARD Kettle rendered: Tierces, 13c: tubs,
134c; 50s, 13c; 20a, 13c; 10s, 13c; us,
13c Standard pure: Tierces, 12c; tubs.
124c; 60s. 12'4c; 20s. 12c; 10s. 12c: 5s,
1 2 c. Compound : Tierces, 9c ; tubs, 8 c ;
60s. 0Vc; 10s, 94c; 5s, "4.e.
Hops, Wool, Hides, Etc."
HOPS 8Hc per pound, according to
quality.
WOOL Eastern Oregon average best. 13-9
18c per pound, according to shrinkage; Valley,
20fr23o, according to fineness.
MOHAIR Choice, 2730c per pound.
HIDES Dry, No. 1, 1ft pounds and up. 20c
pound; dry kip. No. 1, G to 15 rounds, lti18c
per pound: dry calf. No. 1, under 9 pounds,
20i22o: dry salted bulls and stags, one-third
lees than dry flint; culls, moth-eaten, badly cut,
scored, murrain, hair-slipped, weather-beaten,
or grubby, 2c to 3c per pound less; salted
steers, sound. GO pounds and over, llllc
pound; steera, sound, 50 to 60 pounds,
lOigllc pound; steers, sound, under 50 pounds
and cows, 10gllc pound; stags and bulls,
sound. 7&8c pound; kip. sound, 15 to 30
pounds, lo4llc pound; veal, sound, 10 to 14
pounds. Il'&l2c; calf, sound, under 10 pounds
12-513C pound; green (unsalted), lc pound less;
culls, lc pound less; sheepskins, shearlings.
No. 1 butchers stock, 25ft30c each; short wool.
No. 1 butchers stock, 50&60c each ; medium
wool. No. 1 butchers' stock, $i.25a2 each ;
murrain pelts, from 10 to 20 per cent less, or
1516c pound; horse hides, salted, according
to sire. $22.50 each; hides, dry, according to
sixe, $lifil.60 each; colts' hides, 255Qc each;
goatskins, common, 1525c each ; goatskins.
Anpora. with wool on, 30c$1.50 each.
FURS Bear skins, as to size. No. 1, $520
each; cubs, $13 each; badger, prime, 25g50c
each; cat. wild, with head perfect, 3Kfi50c cat
house. fi20c; fox. common gray, large prime,
5o70c each; red, $35 each; cross, $515
each: silver and black. $I00T300 each; fishers
$58 each: lynx. $4.503?d each; mink, strictly
No. 1, according to size, $13 each; marten,
dark northern, according to size and color.
$1015 each: pale, pine, according to size and
color, $2.504 each; muskrat. large, 12a:i5c
each; skunk, 30&4Oc each; civet or ppleeat,
B15c each; otter, for large, prime skid, $S
10 each; panther, with head and claws perfect,
$2f?5 each; raccoon, for prime, large, 5075c
each; wolf, mountain, with head perfect, $3.50
tf5; prairie (coyote), 60c$l; wolverine, $G8
QUOTATIONS AT 8ANi FRANCISCO.
Prices Paid for Produce In the Bay City
- - Markets.
SAX FRANCISCO, March 6. The follow
ing prices were quoted in the produce mar
ket yesterday:
FRUIT Apples, . choice $2, common 50c;
bananas. $12.50; Mexican limes, $78;
California femons, choice. $3i4; common,
$1.25 (3: oranges, navel, $1?2.25; pineapples,
$2.75 (ff 3.75.
VEGETABLES Cucumbers, 75c$1.50;
garlic. 203c; green peas, nominal; string
beans, nominal ; asparagus, 0 Q 15c : toma
toes. 73c ip 1.25.
EGGS Store. 16ftlSc; fancy ranch. 10c.
POTATOES Early Rose, $1.731.90,
River Burbanks. $1.501.SO; sweets, $4.30
(po: Oregon Burbanks, $1.40(aM.9O; Oregon
seed Burbanks. $11.40; Eastern, $1.40
1.65: Garnet Chile, $1.25i&1.40.
ONIONS Yellow. 75c$l.
BUTTER Fancy creamery, 33c; cream
ery seconds, 30c; fancy dairy, :t3c; dairy
seconds, nominal; pickled, 2426c.
WOOL Fall, Humboldt and Mendocino,
34c; lambs. SSllc; Nevada. 17&18C.
HOPS California. 9$j12c.
CHEESE Young America. 13$.' 16c;
Eastern, 17c; Western, 13 c.
HAY Wheat. $lt&-22; wheat and oats.
$10eiS.50; alfalfa. $8.5013; stock, $7.50
9.50; straw. 40(&75c.
MILLSTUFFS Bran. $21.50 22.50;
middlings. $2730.
FLOUR California, family extras. $4.80
5.10; bakers' extras, $4.4034.60; Oregon
and Washington. $3.50'4.
POULTRY Turkeys, gobblers, nominal ;
turkeys, hens, nominal: roosters, old, $4&
5; young,. $7.508.50; broilers, small, $4.50
5.50; broilers, large. $5,506 6,50; fryers,
$6.50$7.r0: hens. $fi&; ducks, old, $36;
ducks, ycunc. $6f 8
RECEIPTS Flour. 15,060 quarter sacks;
wheat, 9767 centals; barley, 6S.809 centals:
oats, lO centals; beans, 302 sacks; corn, 50
centals; potatoes, 18 sacks; bran, 196 sacks;
middlings. 1720 -Backs; hay, 207 tons; wool,
4 bales; hides.
Metal Markets.
NEW YORK, March 6. The London tin
market was lower at 100 17s 6d for spot
and 192 7s Od for futures. Locally the mar
ket was easy. Spot. 4 1.75 42c, or about 10
points on the average.
Copper was 10s lower in the London mar
ket, with spot quoted at 109 and futures
at 110 2s 0d. The local market was Arm
with lake at 25.25 f25. 50; electrolytic,
24.87 2.Y13c; casting. 24. 50 ? 24.75c.
Lead was unchanged at 6.20(tt)tf.3Oc in the
local market and at 19 16s 3d in London.
Spelter was 2s d lower at 26 in London,
but remained- steady locally at 6.$oirt.KH.
Iron was higher in the EngM.-h market
with standard foundry quoted at 54s 2d and
Cleveland warrants at Ms tOd. Locally the
market was unchanged.
E IS
Panic in Stock Market Fol
lowed by Full Recovery.
VOLUME OF TRADE IMMENSE
I'nsett lenient of Stock Values Prob
ably Brought About by Harri
man So as to Enable Him to
, Secure Control of Reading.
NEW YORK. March 6. Wall street has
seldom, if ever, seen such varied and vio
lent fluctuations In prices jf securities as
those which occurred today. There have been
panics in the stock market when prices fell
apparently into a bottomless abyss; there
have, been boom periods when the bold
operations of daring speculators seemed to
carrying prices inimitably upwards, but the
feverish upward and downward alterations
which characterized today's movements have
had few parallels.
The market was two-sided from the start
Then followed a period of abrupt reversals
of the general current of prices and ulti
mately excited and disorderly movements ac
cross currents.
The'whole movement was without definite
news to explain It, but the volume and the
aggressiveness of the operations were suffi
cient to stamp them as coming from sources
ot importance, it is tots implied importance
of the origin of the present dealings and
the myBtery which hangs over it which have
given its impressiveness to the speculative
imagination. Wall street parlance has found
a phrase, "rich men's panic." to define the
condition! This is based upon the supposi
tion, quite commonly held in the neighbor
hood of the Stock Exchange, that men of
great wealth, who accumulated large hold
ings of stocks last year, finding thmbelves
without prospect of selling out to advantage
in the present public distaste for the stolk
markets, have been prompted, as well, by
the urgency of other calls upon them due to
the universal pressure for capital and by
fears of being overtaken by a period of in
dustrial depression to liquidate their hold
ings as best they may. The action of the
market for several days and of special
stocks notably has given color to this theory
of the events in progress.
To this condition of sentiment was precip
itated today a report that carried wltn it an
Inference that the supposedly capitalists
were, in reality, taking advantage of the
unsettlement of- values to carry out another
Reading exploit. The rumor alleged with
positiveness that certain largo centralized
holdings of Reading had been taken over by
Mr .Harriman, securing his control of the
property. The heavy liquidation ofayester
day in Atchison was alleged to be Union
Pacific holdings to provide resources for
the Reading operation. The bears in Reading
were thrown into a panic and there was a
scramble to cover all through the, list. The
report was Impossible of verification and its
plausible and likely features were s mixed
as to leave the opinion at sea. The bears
were intimated and were disinclined to
pursue their attacks on prices of other
stocks.
The Reading rumor came into the market
In the midst of a drastic liquidating move
ment In Canadian Pacific which had forced
that stock down over 7 points below yes
terday's closing " level. This bad much the
same effect as the violent slump In Atchison
yesterday anj had served to break the
whole market. The reversal of the move
ment was all the more abrupt and violent
on that account. There also was very heavy
liquidation In Pennsylvania, Amalgamated
Copper and Union Pacific. The absorption of
the Hill stocks and of Reading, however,
was constant throughout the day. Atchison
also met no such selling pressure as that of
yesterday. These evidences of resistance In
the market already had divided speculative
sentiment and the Reading Incident turned
prices decisively upward. No attention was
paid to news concerning general conditions.
The last prices were generally the best of
the day and an active buying movement was
In force.
Bonds were irregular. Total sales, par
value, $1,730,000. United States 3s advanced
H " cent on call.
CLOSING STOCK QUOTATIONS.
Closing
Open. High. Low. Bid.
Adams Exprees 275
Amalgam Copper. .201. 60 107 103 lo6
Amer Car & Foun 6. 000 4 2 40 41
do preferred .... 2,100 101 101 102
Amer Cotton Oil.. 1,100 30 30 31
do preferred 88
American Express 220
Am Hide & Le prd 4O0 23 28 23
American Ice 100 80 80 79
Am Linseed Oil... 15
Am Locomotive ... 2.400 - 70 68 70
do preferred .... 4U0 108 108 Uf9
Am Smelt & Ref . . 61,300 135 131 135
do preferred 400 113 113 113
Am Sugar Ref "12,800 127 124 126
Am Tobac prd cer 2.400 04 94 94
Anaconda Min Co. 52,200 71 65 60
Atchieon 113,500 96 92 95
do preferred 000 9014 05 90
Atlantic Coast Line 1.400 112 110 112
Bait & Ohio 13.2O0 107 104 106
do preferred 88
Brook Rap Trans. 34,800 59 54 54
Canadian Pacific. . 47,300 178 171 177
Central of N J 190
Ches & Ohio 6,700 47 46 47
Chi Great Western . 600 14 13 14
Chi A Northwest. . 4.000 157 153 157
C M & ST P 37,300 143 13 143
Chi T & T pfd.... 2u0 6 6 6
do preferrd 15
C C & St L 1.200 82 80 82
Col Fuel & Iron.. 18.000 41 38 41
Col. & Southern... 3,600 31 30 31
do 1 pfd loo 65 65 64
do 2 pfd 600 52 52 52
Consolidated Gas.. 4,900 3 33 130 132
Com Products .... 4.2oO 21 19 21
do preferred .... 8irf 85 S.v 85
el & Hudeon 2,SoO 2(K 106" 108
Del Lack & West. 3O0 4r 4o 460
D & R G 1.4O0 34 33 34
do preferred .... 1,600 76 75 75
Distillery Secur. .. 6.000 74 71 74
Erie 36.500 32 30 31
do 1 pfd 1.500 65 64 65
do 2 pfd 1.9IO 54 53 53
General Electric .. 2.100 155 152 156
Hocking Valley 108
Illinois Central . . 500 150 150 150
Internat Paper ... 2,5o0 15 15 15
do preferred .... 300 79 79 79
Internal Pump . .-. ;iK 32 32 32
do preferred .... 700 77 75 76
Iowa Central 21
do preferred 40O 42 41 41
Kan City Southern 1.200 2(V 26 2ti
do preferred .... I.OIW) 55 54 55
Louis & Nashville 7.000 123 120 120
Mexican Central . . 1.40 22 21 22
Minn & St Louis.. 4O0 55 54 53
M St P & S Ste M 2.340 173 111 114
do preferred 3.2V 13RU 135 138
Missouri Pacific .. fl.2o0 77 75 77
M K & T 19.9O0 42 40 . 42
do preferred .... 800 69 68 Hfi
National Lead . . . 2.400 65 63 65
Nat R R of M pfd 51
New York Central 14.500 123 120 122
X Y Out & West.. 2.0O0 41 30- 41
Norf & Western.. 3,200 81 80 81
do preferred .... 80
North American .. 1,000 79 76 79
Pacific Mail 1.700 20 27 27
People's Gas 3.500 91 90 90
Pitts C C ft St L 72
Pressed Steel Car.. 3,200 44 42 44
do preferred 3' 93 94 94
Pullman Pal Car.. 50 164 163 162
Reeding 736,500 125 114 124
do 1 pfd 800 89 88 88
do 2 pfd 700 89 88 88
Republic Steel .... 3.900 2S 25 28
do preferred .... 1.700 96 95 9
Rock Irtand Co .. 18.3O0 23 23 23
do preferred 1.20O- 53 52 52
Rubber Goods pfd KM)
St L San F 2 pfd.. 5O0 39 38 39
St L Southwestern 100 22 22 22
do preferred 54
Southern Pacific 92. SAO 86 83 85
do preferred 400 11 rt 116 116
Southern Railway. 14.5t0 24 23 24
do preferred .... 2-lOrt 76 . 74 76
Tenn Coal & Iron.. 400 144 141 143
Texas & Pacific. 3,700 31 . 30 31
Toledo St L & V 600 28 27 27
do preferred .... 300 48 A 48 47
Union Prifte 265, no 18 1 lfifi4
do preferred 2u0 91 SI!4 1
U S Express 98
V S Realty 1,200 g4 84 84
U S Rubber 500 47 46 47
do preferred . . 30O 105 104 104
U S Steel 24S.Hrt 42 40 42 i
do preferred 20.1OO 102, 100 1C2
Vtr Car Chom Co. 2.00 31 28 31
do preferred loo 106 lort 105
Wabash l.oon 14 13 f4
do preferred 1.200 30 2S 29
We! Is Fargo Ex 250
Westinghoiise Elec. 7on 150 149 150
Western Union ... Tort 80" 79 79
Wheel ft Lake Erie 70O 10 10 10
Wisconsin Central. 3H 1R 18 19
do preferred 8t0 41 4(i.j 41-;
Northern Pa.lfli .. 41.3on 140 13N 1111.
Central leather-... 5.1'M : -H 33
do preferred 20t I9 !s 9S
Srhloss Sheffield - 4. lort 60 56 firtC
Great Northern pfd 20.8O0 156 l.rl 156
ABRUPT
Internal Metal 10.500 27 27 25
do preferred 5.500 64 63 04 74
Total sales for the day. 2.356,300 shares.
Money. Exchange. Etc. '
NEW YORK, March 6. Money on call,
firm. 6 per cent; ruling rate, 5 per cent:
closing bid. 5 per cent: offered at 5 4 per
cent. Time loans, steady; 60 days, 6 per
cent ; 90 days. 5 per cent ; six months.
5!?f5 per cent; prime mercantile paper,
56 per cent.
Sterling exchange. heavy, with actual
business In bankers' bills at $4.84454-450
for demand and at $4.80304.S035 for 60
day bills; posted rates, $4.81 -r 85i.
commercial bills, $4.S04.S0.
Bar silver. 68c.
Mexican dollars, 53 c.
Government bonds, firm; railroad bonds,
irregular. -
LONDON, March 6. Bar silver, quiet;
31.d per ounce. Money, 34 per cent. The
rate of discount In the open market for
short bills is 4 per cent; do three months
bills, 44 per cent.
SAN FRANCISCO, March 6. Silver bars,
68 c. Mexican dollars. 54c. Drafts, slight,
12Vtc; do telegraph. lTc. Sterling on Lon
don. 60 days. $4.81: do sight, $4.85.
Daily Treasury Statement.
WASHINGTON. March 6. Today's state
ment of the treasury balances shows:
Available cash balances $215,086,013
Gold coin and bullion , 117.415.fi8n
Gold ' certificates 46.054,730
PORTLAND STOCK EXCHANGE.
BrltUh Yukon Shows Advance of Half Point
Over Last Sale.
British Yukon again figured in the stock
market transactions, 1000 shares selling at
24, an advance of half a point over the
last sale. Poticle was steady at the former
quotation and British Columbia Amalgamated
lower at 5. Yaqulna Bay Telephone showed
a gain of half a point over the last sale.
Lee's Creek Gold was steady at 2. '
Official quotations were as follows:
Bank stocks
- Bid. Ask.
Bank of California 363 ....
Bankers & Lumbermen's. ..... .103 111
Merchants' National , 12
Oregon Trust & Savings 128
Portland Trust Co 120
United States National. .... .200 ....
LISTED SECURITIES.
Bonds
American Biscuit Co. 6s 8 100
City & Suburban 4s 92
Columbia Southern Irr'n, 6s..., .... 55
Home Telephone 5s 90
J. C. Lee Co. 6s 100
O. R. & N. Ry. 4s 90 100
O. W. P. & Ry. 6s 100 103
Pacific Coast Biscuit 6s 06 1O0
Portland Ry. 5s 100
Miscellaneous' stocks
Associated Oil 39 40
Home Telephone 30 45
J. C. Lee Co 45
Pacific States Telephone 106 109
Puget Sound Telephone u 50
Mining- Stocks
British Yukon 24 25
Denny Dulln 9 Jtl
iate wood ....... SO 35
Lakeview
Lee's Creek Gold 2 2
North Pair view 5
Manhattan Crown Point 18 20
Poticie Mining 12 12
"Washougal Ext 24 26 "
Unlisted stocks
Oregon City Mill & Lumber... 4 0
Yaqulna Bay Telephone 5 6
Alaska Petroleum 12 16
Blue Stone 15
British Columbia Amal 5 9
Cascadia 23 26
GoMfteld Trotter 17 22
Mammoth ' 18
Morning 6
Mount Pitt S 10
Standard Con 12
TH, , Steel 13 It!"
Coeur d'Alene District
union -
Copper King I 18
O. K. Con 5
Happy Day 0 7
Park Copper 7
Snowshoe 40 55
Snowstorm - - -33u 330
SALES.
1000 British Yukon 24
2O00 Lee's Creek Gold 2
5OO0 Lee's- Creek Gold 2
64100 Lee's Creek Gold 2
HKH Lee's Creek Gold 2
4000 Lee's Creek Gold 2
2O00 Lee's Creek Gold 2
2tJ0 Lee s Creek Gold 2
5J00 Poticle 12
lotto British Columbia 5
1o Yaqulna Bay Telephone S'-i
X000 Poticle 12
TONE OF MARKET IMPROVES.
Several Storks
Are Strong
With Heavy
Trading.
SAX FRANCISCO. March 6. (Special.)
In the Tonopab Call Rescue was heavily
traded In, 19.000 shares changing hands at
the closing price of 20 cents. There waa
spirited bidding for Jim Butler, the most
of the sale being made at $1.02, with one
small sale at $1.05. '-:
The Goldfields recovered from the de
pression and dullness of yesterday's mar
ket, better prices and heavier .trading tak
ing place on nearly every call. Great Bend
was particularly strong on moderate trad
ing, selling up 7 points to $L07. Red Top
extension did not command the usual at
tention, less than 10,000 shares being trans
ferred at about yesterday's prices. Daisy
weakened off to $2.55 on increased trading
for that mine, and it is said that the in
terests which have lately acquired that
property are anxious to get all the stock
in as cheaply as possible. Mohawk con.
leasing sold at 80 cents.
There was heavy bidding for all stocks
at concessions from yesterday's prices, but
the market generally had a stronger tone,
and there was more interest manifested by
traders in the room and on the street.
Tonopah Nevada's, $10-$16..50; Montana,
$3.70; Tonopah Ex., $4.50; McNamara,
58 cents; Midway, $2.00; Jim Butler, $1-02;
Red Top, $4.25: Blue Bull. 47 cents; Adams,
21 cents; Silver Pick, $L42; Atlanta, 76
cents; Great Bend, $1.05; Daisy, $2.57; Lou
Dillon, IS cents; Goldfield con., $0.50; Tri
angle, 55 cents: Gold Bar. $1.22; Victor, 23
cents; Eagles Nest, 25 cents; Blue BulL 48
cents; Atlanta, 74 cents; Oro, 46 cents;
Pine Nut, 20 cents; Yankee Girl, 12 cents;
Stives, $1.87; Daisy, $2.55; Goldfield con..
$9.37.
Eastern Mining; Stocks.
BOSTON, March 6. Closing quotations:
Adventure . .$ 4.75 Qulncy $123.50
Allouez .... 63. 0O Shannon 2O.0O
Amalgamatd 106-75 (Tamarack ... 140.00
Atlantic .... 17.00 Trinity 26.50
Bingham
25.75 (United Cop.. 74.75
Cal. & Hecla 950.00
U. S. Mining 58.00
Centennial .. 7.,
U. S. Oil H.OO
Cop. Range. 89.67 Utah 68.50
Daly West. -. 1 8.00 Victoria .... 9.25
Franklin . . . 28.25 I Winona. . .. , 10.OO
Granbv .... 140.12!Wolverine .. 19O.00
Isle Rovale. 28.87 North Butte. 107.25
Mass. Mining
74.00
Butte Coal.. 32-r.O
Nevada I5.0O
Cal. & Ariz. . 176.0O
Aria. Com... 26.00
Greene Con.. 28.00
Mohawk . . -Mont.
C. ft C
87.50
17.12
O. Dominion 58.50
Osceola .... 155.00
Parrot 28.50
PORTLAND LIVESTOCK MARKET.
Prices Current Locally on Cattle. Sheep
and Hog.
The following prices were quoted in the
local livestock market yesterday:
CATTLE Best steem, $4.50,4.75: medium.
$4g4.2S; cows, $3.75&4; fair to medium cows,
$3.25&3.50; bulls, fl.50$2; calves, ft-505.
SHEEP Best, $6&6.25.
HOGS Best. $7.257.50; lightweights, $7.25
7.35; stockers and feeders, $3.757.25.
Eastern Uresteck Market.
KANSAS CITY, Mo.. March 6. Cattle
Receipts, 9000. Market, steady; native
steers, $4.506-50; native cows and heifers,
$2.505.20; stockers and feeders, $3.75
C. 25 ; Western cows, 3.00 4.50 ; Western
steers. $4.00.6.90; bulls, 3.00($4.25; calves,
3.507.50.
Hoge Receipts, 10.000. Market, strong;
heavy. $0.9O?&95; packers, 96.8006.94;
pis. light. $5.256.85.
S heep Receipts, 6000. Market, steady ;
muttons, I5.0C95.75; lambs, f?.00T.4o;
range wetherB, 5.256,50; fed ewes, S4.50
5.30.
Dairy Produce in tfae East.
CHICAGO. March 6. On the Produce Ex
change today the butter market was steady.
Creameries. 22 31c; dairies. 2027c Eks
steady; at mark, cases included, 10c; firsts.
IHic; prime firsts, 17c Cheese, steady, 14
$lc.
New York Cotton Market.
NEW YORK, March 6---Cotton futures
closed Arm at a net advance of 1919
points.
GREEiJ BUG APPEARS
Crop Damage Reports Used in
Wheat Market.
MORE INJURY BY FLOODS
After an Easy Opening, Chicago
Prices Recover and Close
With a Gain or Half
a Cent.
CHICAGO. March 6. The majority of the
dainue report in the local wheat market
today related to Inroads said to have been
made on Winter wheat In Texas and Okla
homa by the "green- bus." although a num
ber of dispalehea told of Injury by flood to
the crops of Ohio and Southern Indiana. The
market opened easy on selling by pit traders,
-wlio were influenced by a moderate decline at
Liverpool and fairly liberal receipts in - the
Northwest. May wheat opened Vi to c
lower at 15c to T5c. mold at J5t49T5c
and then advanced to 7rtc. Final quotations
were up 814o at 767614c. ,
The corn market was firm all day because
of an urgent demand from commission houses.
Oats were in brisk demand. Tbe May option
was neglected for July. Provisions were Ir
regular. Leading futures ranged as follows:
WHEAT.
Own. Hlh. Low. Clow.
Way t .7.VS t .7tl4 S .7fti S .76
July 74 .77'.i. .7S .7714
September ... .77 .76 .T!
CORN.
May 4Rt
.47
.44
.48 .4n
.4 '.4SH
July 4H'
September ... .4ti&
OATS.
May 41 .41!
July :i5ts, ..17
September ... .3 14
4
3" ..17
MESS PORK.
May 18.2.". 1.32 IB.25 1B.30
July . .. .10.50 16.50 16.40 16.40
LARD.
Mar .2'4 .214 S.5714 .62i4
July 9.S2V, 9.65 9.HO 9.ft
September ... 9.70 .Ti 9.67i4 8-7214
SHORT RIBS.
May 9.05 9.0714 - 9.021,4 9.05
July W.IT'A v.nv U.12
September ... 9.20 9.22t4 9.17!4 9.22J4
Cash quotations were as follows:
Flour Easy.
Wheat No. 2 Spring. 80S2c: No. 3, 7&S82c;
No. 2 red. 72.7Sc.
Oorn No. 2. 43"4c; No. 2 yellow. 44c.
OatsNo. 2. 40'sc; No. 2 white, 42'4
434c; No. 3 white, 4143c.
Rye No. 2, 6314c
Parley Fair to choice malting. 65tf674c
Flaxseed No. 1, $1.17; No. 1 Northwest
ern, $1.24.
Timothy seed Prime, $4.50.
Clover Contract grades, $14.
Short ribs Sides (loose), $.758.87H.
Mess pork Per barrel. $1S.37!4&16.50.
Lard Per 100 lbs., $9.524.
Sides Short clear (boxed). $8.87g9.37.
Whisky Basis of high wines. $1.29.
Receipts- Shipments.
Flour, barrels - 38,0K 24.000
Wheat, bushels .' 24.0OO 23.1O0
Corn, bushels .. 568.S0 233.700
Oats, bushels 2S3.60O ltsgjioo
Rye. Dushels 2,ow 3.WO
Barley, bushels 36,600 3,300
Grain and Produce at New York.
NEW YORK, March 6. Flour, receipts,
29.200 barrels: exports, .26,600 barrels: sales,
7500 barrels. Market steady with trade
light.
Wheat Receipts. 29.000 bushels: sales,
3.r00.O0O bushels of futures and 16,000 bush
els of spot. Spot, firm; No. 2 red, 82 Uc
elevator: No. 2 red. oJlc f. o. b. afloat;
No. 1 Northern Duluth. 91 ?4c f. o. b. afloat;
No. 2 hard winter, SJVsc f. o. b. afloat. May,
S4Uc: July. 84Uc: September. 83itc.
Hops, hides, wool and petroleum Steady.
Grain at San Francisco.
SAN FRANCISCO, March 6. Wheat. Arm.
Barley Quiet.
Spot quotations
Wheat Shipping, $1.301.35; milling;
$1.40 1.47.
Barley Feed, $1.13 1.1654 ; brewing.
11.156 1.18.
Oats Red. $1.30 1 Jo; white, $l.B5l.e5;
black. 91.13&Z.3.
Call board sales
Barley May. $1.18: December, $1.08
Corn Large yellow, $1.301.35.
European Grain Markets.
LIVERPOOL, March. 6. In the grain mar
fcet today prices closed as follows:
Wneat Spot, steady. No. 2 red Western
Winter, 6s. Futures March, 6s 4a; May,
6s Shta; July, es 2tta.
In tbe London market. Pacific Coast car
goes, prompt snipments, 3vs oajus oa.
Tbe weather in England today was fine.
Wheat at Taeoma,
TACOMA, March 6. Wneat Bluestem
71c; club, 69c; red, '67c.
WILL NEED ALL THE HOPS
SrPPIiY AXI DEMAND EQCAL IX
THIS COUNTRY.
No Surplus of 1906 Crop Will Be
Carried Over, According to Mr.
Curtis, of Waterrille.
WATERVT ZAjEy X. T., Feb. 25. (To the
Editor.) Being a hopgrower in New Tork
State, I am naturally interested in any in
formation connected with this industry, and
read with Interest extracts from your paper
published from time to time in the Water
ville Times and other papers. You have late
ly published two communications furnishing
detailed reports in regard to the output and
consumption of hops In the United States
for several years back, one from a New
York house and another from an Oregon
firm. It seems to me that these figures are
too elaborate and confusing to draw any
conclusions that are of value to the public
It apears to me, tn aeaung with this sub
ject, it should be done with figures nearer
at hand and on lines that will more read
ily appeal to the average reader. I accord-
inelv. submit to you me louowmr Qzures.
which, in my opinion, come nearer to the
actual facts than either of the others re
ferred to:
Bales.
Crop of 1906 California 105,000
Crop of 1906 Oregon 130,000
Crop of 1906 Washington 50.000
Crop of 106 New York., 65.000
Total 350,000
Exports from September I, 1906, to
September I, 1907 90,000
Consumption from (September 1, 1906,
to September 1, 190? 260,000
Total , 350.000
In preparing this statement I have as
sumed that brewers, without any reference
to stocks they may have had on hand Sep
tember 1, 1906, will, at present low prices
prevailing, buy hops enough of the crop of
1906 to cover a years consumption, and that
before the first of next September, there will
be exported to England at least 90,000 bales
of present crop. I have made no account of
stock in growers nanas tne 1st of bept em
ber, 1906, as it is conceded by all that It
was practically exhausted.
On the basis of the above firures. which
are already proved or admitted facta, ex
cept as to the matter of exports, growers,
dealers and brewers in the United States
will be In the same position on the 1st of
September, 1907. as they were on the 1st of
Sent ember. IflOn: or. in other words, stock on
hand In the United States next September
will be toe same as last September.
1 have made no mention of Importations
of foreign hops, as. In my opinion, with no
material advance in price, the exports will
exceed the figures to an amount that will
equal all Importations. Yours truly.
. C. ti. CURTIS.
Dried Fmlt at New York.
NEW YORK. March 6. Evaporated ap
ples, quiet; choice, SK&SHc; prime, TO
7c.
Prunes, unsettled: California fruit, 3013c;
Oregon, 6H10c.
Apricots, quiet and unchanged. s
Peaches, unchanged; choice, ll12I4c: ex-
ra choice. 13V &13fc; fancy. 12 14c;
fancy extras, 1 a (g 1 5c
Raisins, unchanged.
Coffee and Sugar.
NEW YORK, March 6. Coffee futures
closed steady at a net loss ef 1013 points.
Spot closed quiet. No. 7 Rio, 7$c; No. 4
Santos, 8c. Mild coffee, steady; Cordova,
?l2ttc.
Sugar, raw, steady; fair refining, 2 lo-Ute;
centrifugal, 9ti test, 3 7-ltic; molasses
sugar. 2 11 -16c. Refined sugar, steady;
crushed, $5.40; powdered, $4.b0; granulated,
S4.70.
DAILY CITY STATISTICS
Marriage Licenses.
EATCH.VER STRATOK John Eaten. 673
Kearney street. 21; Iena Ver Straton. 20.
MAKTIN-W ALLINu Herbert H. Martin.
402 East Sherman street. 23; Nellie E. Wall
ing. 22,
WINKI-ER-JANE E. R. Winkler, Clifton,
Or.. 31: Beatrice Jane. 17-
GRIH-WOLFER Will Grimm, 846 Vanghn
street, 29; AgneB Wolfer. 21.
WERSCH K i:L-FI ELDS Leslie J. Werscn-
kul. 510 East Burnslde street, 23; Louise M.
Fields. 21.
LARSEN-RASMUSSEN Hans P. Larsen.
201 Cherry street, 20; Sarah D. Rasmussen,
24.
Births.
HUGHES Born to the wife of John L.
Hughes. March 2, at Portland, a son.
FK11SSE Born to tne wlte oi ueorge
Henry Friese, February 5, at 498 Magnolia
street, a son.
FOX Born to the wife of John C. Fox,
March 1, at 598 Fifth street, a daughter.
PUYEAR Born to the wife of J. W.
Puyear. March 6. at Portland Maternity
Hospital, a daughter.
HEUSTON Born to the wife of William
O. Heuston, March 2, at 185S McKenna
avenue, a daughter.
ROGERS Born to the wife of Edward
Rogers, February 26, at 734 Williams ave
nue, a daughter.
NICOLAI Born to the wife of Harry T.
Nicolal, March 2, at 721 Kearney street, a
daughter.
DICK Bom to the wife of Paul S. Dick,
March 2, at 480 Thompson street. a son.
Deaths.
HEMMERL At 981 East Twenty-second
street north, March 3, Joseph Hemmerl, aged
os years.
LACY At 369 Fremont street. March 2,
Belle Gordon Lacy, aged 51 years.
GORMAN At 523 Union avenue, March
4, William Lawrence Gorman, aged 29 years.
RAYMOND In thn terminal grounds.
Marck 3, Dauze Jean Raymond, aged 2S
years. Death due to accident.
PAULSON At North Pacific Sanatorium,
March 5, Edith Paulson, aged 21 years.
SCHIELDS At 350 East Sixth street.
March 5. Caspar SchieMs, aged 75 years.
OLLET At Hotel Rhelnlalz, Marcn 1.
E. A. Ouley, aged 52 years.
SMITH At 109 North Twelfth street.
March 3. Etiaa Smith, aged 23 years.
bEXTON At 695 Tacoma avenue, Henry
W. Sexton, aged 4 years.
KELLY At North Pacific Sanatorium,
John Kelly, aged 60 years.
RICHARDS At 484 East Harrison street.
March 4, Nathaniel W. Richards, aged 73
years.
WONG At 64 Second street. March 2,
Wong Hong, aged 46 years. .
muunki At 391 Front street, March l.
Samuel J. Mooney. aged 57 years.
COOPER At 1298 Burrage street. March
z, Dora Ellen Cooper, aged 31 years.
HAVILL At Milwaukie, March 4. Charles
W. Havill, aged 44 years.
Building Permits.
REPAIRS Two-story frame dwelling,
Broadway street between East Eighteenth
and East Nineteenth streets; $2000.
MISS LENA TOWNSEND Two-story
frame dwelling, Glisan street between Twen
ty-third and Twenty-fourth streets; irKKK).
J. K. STERN Alter one-story frame store
building. Washington street between Elev
enth and Twelfth streets; $200.
A. O. HALL. Two-story frame dwelling,
corner of Kearney and Twenty-second
streets; $H000
L. C- M'KAT One-story frame dwelling.
East Flanders street between East Thirty
first and Thirty-second streets; $1800.
R. EH LINGER Two-story frame dwell
ing. Union street between Klickitat and
Eliza streets; $4000.
JOHN IRWIN One-story frame dwelling,
Minnesota street between Mason and Skid
more streets; $1900.
J. A. GRAEF One-story frame dwelling.
East Twenty-first street between Going and
Wygant streets; $1000.
W. B. STEARNS Two-story frame dwell
ing. East Twelfth street between Tillamook
and Thompson streets; $80O.
L. LEWIS One-story frame store build
ing Base Line between Hlbbard and Eby
streets; $150.
MRS. D. A. WATTERS Two-story frame
dwelling. East Eighth street between HaJsey
and Weidler streets; $500.
EDWARD BOYCE Two-story brick dwell
ing,. St- Clair street between Wayne street
and Park avenue; $10,000.
CHURCHLEY BROS One-story frame
shed. Thirteenth street between Lovejoy
and Marshall streets; $300.
WILLIAM GADSBY Two-story frame
dwelling. Twenty-fifth street between
Northrup and Overton streets; $15,000
WALTER GADSBY Two-story frame
dwelling. Twenty-fifth street between
Northrup and Overton streets; $5000.
RAINFALL BELOW NORMAL
Rainy Season for This Year Falls
Below the Average,
For the first time since the beginning;
of the rainy season, September 1, there
is a deficiency in the rainfall. The
excess was wiped out Tuesday, when
the rainfall to date measured 33.61
inches. The normal precipitation for
the period is 33.65 inches.
One month ago there was an ex
cess of rainfall of 4.52 inches. Since
January 5 this has been wiped out and
there is a fraction of an inch to the
good. On that date there was a total
of 32.12 inches, of rainfall, and the nor
mal rainfall for the period was 27.60,
showing- an excess of 4.52 inches. On
December 1 there was an excess of 2.10
Inches, and this jtvas gradually in
creased until the fifth day of Janu
ary. From that time there has been
a continual falling off in rain until
yesterday the excess was wiped out.
During the past week grain receipts
have .increased to a large extent, and
If the weather continues good for an
other week the gra'n shippers will be
in high spirits. The wearner will do
more for the shippers than anything i
else. The tracks will be placed in good :
condition, and wheat from the Palouse I
and Snake River countries will arrive
in large quantities.
LAW PROVIDES TRUST FUND
Robbery of Safe in County Court
house Calls Attention to Provisions.
PORTLAND, March . (To the Editor.)
When reading in Tuesday's Oregonian tbe
account of the robbery of a safe in the
County Courthouse, it first occurred to me
as a fake, for the reason that provision is
made by law for the safe keeping of all
moneys received In trust from any source
whatever, and had a long established cus
tom been followed such an occurrence would
have been morally Impossible.
A "Trust Fund" was created by law sev-
LOUIS J. WILDE
HOME TELEPHONE BONDS
BANK STOCK
Corner 6th and Washington Strststs,
PORTLAND, OREGON
Member Portland block Exchange
eral rears ago, for the express purpose
safely keeping and disbursing all moneys
received in trust from any source, and re
quiring a record thereof to be kept.
During my term of office, when moneys
were taken from an insane person a receipt
was given and the money deposited wl th
the County Treasurer, and could only
drawn as provided by law. on a specially
provided trust fund warrant, and by order
of the County Court. When jewelry or other
valuables were taken a memorandum receipt
was given, the articles wrapped up carefully
and deposited in the County Treasurer's
vault, there to await the call of the owner
cr of some authorized person, and were de-
livered by the Treasurer," only on an order
from the County Court.
The bill providing for the creation of the
trust fund mas one of several relating to
county affairs which became laws, of whloh
I was the author, hence I know its Intent
and the purpose of its creation.
A similar mysterious disappearance of
funds belonging to an insane person oc
curred previous to the creation of the trust
fund, on account of the loose methods them
prevailing in handling such moneys.
W. H. POPS.
Convicted of Simple Assault.
Simple assault was the jury's verdict
in the trial of S. Nakama, a Japanese
who was tried Tuesday on a charge of as
saulting Mrs. S. P. Strange with a knife.
The jury decided that the charge was a.
little too strong. Mrs. Strang testified
that the Japanese flashed a knife on her
because she did not make immediate pay
ment of his wages when he left her em
ploy, at the Kenyon boarding-house, after
an abbreviated and suddenly terminated
service in the household.
Ijochgarve Ashore at Kamalo.
(HONOLULU, March The British!
ship Lochgarve is ashore at Kamalo on
'Molokal Island. Steamers have been
sent to her assistance. The Lochgarve
mistook the channel. She went ashore
last Monday and will probably be a total
loss. The Lochgarve was bound from
Antafogasta, Chile, to Honolulu. She
carries a cargo of nitre.
TRAVELERS' GUIDE.
Low Colonists' Rates
From the East to the West
From Chicago to Portland, Salem, Al
bany, Eugene. Asniana
$33.00
lls. Duluth,
and intermediate
points
From St. Paul. Minneapolis, Duluth,
Omalia. St. Joseph. Kan
-$25.00
sas City to Portland and
common points
From St. Louis to Portland
and common points
$30.00
Similar low rates from air other East
ern Points to the West.
Send me name and address of your
relatives or friends East that are con
templating coming to Washington or
Oregon and literature and full infor
mation will be furnished them
For any information wanted call on
or write
A. D. CHARLTON,
Assistant General Passenger ' Agent,
255 Mprrlson Street, Corner-Third,
Portland, Or.
forth German Cloyd.
l ast Express Serrlos.
PLYMOUTH CHBR BOURO BREMEN.
Kronprlnz. Feb. 26.6 AM IKalser, Apr. 2, 10 AM
Kaiser, March 5.10 AM K.Wm.II., Apr.9,1 PM
KWmII.Mal2. 5:30 AM!Kronprlnz.Apr23, no'n
Krqnprlnz.Mar.26, 1PM IKalser, May 7, 10 AM
Twill-Screw Paasengrer Seiice.
BREMEN DIRECT AT 10 A. M.
Bheln Mar. 1 Darmstadt ...Mar. 30
Brandenburg, Mar. 14j Kurfuerst ...Apr. 4
Chemnitz Mar. 19 Main Apr. 21
Cassel Mar. 28 Gnelseqau ....Ajur. 16
Calls at Plymouth and Cherbourg.
Mediterranean Service.
GIBRALTAR NAPLiES GENOA, AT 11 A.M.
Frledrich ...March 2 K. Albert ..April S
P. Irene March 9 Frledrich April 13
Neckar March 161 P. Irene ...... April 20
K. Lulse March 23! Xeckar Apr. 27
Omits Genoa.
From Bremen Piers, 8d and 4th Sts., Ho
boken. North German Lloyd Travelers' Check!
Good AH Over the World.
OELRICHS CO., Mo. S Broadway, N. T.
ROBERT CAFPELLE, G. A. P. C. 136 Van
Xes Ave., San Francisco, Cal.
SOrTILEASTKRN ALASKA
ROUTE.
From Seattle at 9 P. M.
for Ketchikan, Juneau,
Skagway, White Horse,
Dawson and Fairbanks.
S. S. Cottage city (via
Vancouver and Sitka) Men.
3. 17.
S. S. Ramona (Skagway direct), March ,
IB.
NOME ROUTE.
5. S. Senator. June 1.
6. S. President, June 3.
FOR SAi: FRANCISCO DIRECT.
From Seattle at 9 A. M. Umatilla. March,
16. 81; Cltv of Puebla. March 6, 21; City ot
Topeka, March 11. 2o.
Portland Office, 249 Washington St.
Main 229.
C. D. DUXANN, G. F. A., San Francisco.
EUROPE
$150
SIXTY
TOURS
$1195
All Expenses Included.
ALL, ROUTES.
WRITE FOR BOOKLET.
TH0S. COOK & SON
245A BROADWAY, NEW YORK.
133 Offices Abroad.
Cook's Traveler Checks Payable Every
where. SanFranciscoXPcrtlandS.S.Co.
Operating tbe only direct passenger steamers.
From Ainsworth Dock. Portland, at ft P. M.
8. 8. "fOUMBIA." Mar. 11, 21. 32.
S. 8. "COSTA K1CA," Mar. 16. 26, April S.
From Scear-si vVnarf. San Francisco at
it A. M.
8. S. "COSTA RICA," March 12, 22, AprH 1,
8. 8. "COLUMBIA," Mar. 17, 27, April .
JAMKi H. fifiWSOK. Agent.
Phone Main 208. 248 Washington St.
Columbia River Scenery
14Js.oUlATOK UNK STEAMERS.
Dally service between Portland and The
Dalles, except Sunday, leaving Portland at
7 A. M., arriving about 5 P -M-, carrying
ft eight and passengers. Splendid accommo
dations for. outfits and livestock.
Dock foot of Alder St.. Portland; foot of
Cntir st.. The Dalies. Phone Main 814.
Portland.
WILLAMETTE RIVER ROUTE
For vorvaUis, Albany. Independence, 6a
le,n Steamer "POMONA" leaves 6;0 A. M.
Tuesday, Thursday and Saturday.
7ur Salem and way landings Steamer
"OB EGONA" leaves :45 A. M., Mondays.
Veli. c-sdays and Fridays. .
OREGON CITY TRANSPORTATION CO
. foot Tailor street.
if