Morning Oregonian. (Portland, Or.) 1861-1937, April 17, 1907, SECOND EDITION, Page 17, Image 17

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    THJS MOKMKG OKKlrOJNlAN. WEDNESDAY, APRIL 17, 190T.
IT
TTUD11
Heavy Supplies Cause Another
Drop in Local Market.
PRICES WEAK AT CLOSE
AH Grades of Sugar Advance 20
Cents Per Hundred Flour
Prices Will Be Higher
Today.
The butter market la rapidly seeking tta
proper level. The city creameries put out quo
tations yesterday morning of 27 cents, which
was a decline of 2H cents a pound for most
of them and an even drop of 6 cents for .those
which maintained the top figure at the opening
of the week. On Front street the general
quotation during the day was 27 cents,
though some butter was offered there at 25
cents.
Stocks are rapidly accumulating; all around
and a further decline la Inevitable. In some
quarters it ta thought that the market will
drop to 20 cents, which was the bottom last
year, before the decline Is checked, but other
authorities In the trade do not look for such
extreme low prices. In view of the exceed
ingly heavy demand and the fact that all
other commodity prices are on a high basis.
The Eastern butter market continues firm
yet, as the season there la later than on the
Coast. The Chicago quotation yesterday stood
at 29 cents. The San Francisco market was
weak at 21 cents and supplies were freely
offered to the trade here, but of course with
out finding takers.
SUGAR IS TWENTY CENTS HIGHER.
Local Market Promptly Follows Advance)
by Sprockets Refinery.
Portland wholesale grocers put up their
sugar prices 20 cents per hundred yesterday
morning. The rise has been expected every
day since the California & Hawaiian Com
pany advanced its list this amount last
week. The Western Refinery waited until
yesterday to change Its quotations, and on
receipt of the news the local Jobbers at
once notified their customers of the new
prices.
The slowness of the Spreckels company in
following the lead of the other retlnery did
not Indicate that It contemplated making
any fight, but it merely held hack until it
was ready to put the new prices Into effect.
The condition of the raw sugar market In
the East on Monday and Tuesday Justified
the advance and the change was accordingly
made.
LOCAL FLOUR PRICES ADVANCE.
New List Mill Go Into Effect This
Morning.
A new price list has been issued by the
Portland Flouring Mills Company, quoting
an advance of IS cents per barrel in all
grades of flour, effective this morning. In
the new list, patents are quoted at $4.80,
straights and clears at S3. 75 and valley
grades at $3.80 and $3.90. The retail price
of the company's leading hard wheat brand
will be $1.30 per sack, Instead of $1.20 as
It has been. No change is made In the
prices of graham and wholewheat flours.
This advance in flour prices has been ex
pected for some time past and is due to the
steady rise that has taken place in the
wheat market. ETxport grades of flour are
alio very firm and the market has an up
ward tendency.
Eggs Coming; In More Freely.
Bgg receipts are steadily increasing and
the market displays a weaker tone. Trading
was on a small scale and no business above
or under 10 cents was reported. Specula
tors are looking forward to a decline that
will enable them to resume storage opera
tions. Arrivals of chickens were heavier than
usual yesterday, but the demand was strong
enough to clear up all the offerings at un
changed prices.
Oranges In Strong Demand.
Among yesterday's fresh produce arrivals
wete two cars of oranges, one of navels and
the other of Mediterranean sweets. St. Mich
aels and seedlings. The demand was so
good that the latter sold equally as well as
the navels, as what the trade wanted most
ly was sixes.
Vegetables were In sufficient supply and
the demand was good. Peas were more
plentiful than usual.
Bank Clewing.
Bank clearings of the leading cities of
the Northwest yesterday were:
Clearinps. Balances.
Portland. $1.211.3U2 $14,173
Beat tie. . . ............. 1,6S2.75 123.6115
Tacoma. . 902,8::! 140,507
Spokane. . 7tiu,033 05,130
PORTLAND QUOTATIONS.
Grain. Flour, Feed. te.
MILLSTUFFS Bran, city $17, country
18 per ton; middlings, $25 26; shorts, city
il'J.50, country $20.60 per ton; U. 8. Mills
dairy chop, $16.60 per ton.
WHEAT Club, Too; blues tern. 77c; Val
ley, 72c; red, 74c.
OATS No. 1 white, $29.60; gray, $2829.
FLOUR Patents, $4.15; straights, $3.tW;
clears, $3.60; Valley, $3.65&3.7f; graham
flour, $3. 5 4.26 ; w hole w heat flour, $4 4
4.50.
RYfi $1.463'1.B0 per cwt.
BARLEY Feed, $:::i.50 per ton; brewing,
23; rolled. $23.50024.50.
CEREAL FOODS Rolled oats, cream, 90
pound sacks, $7; lower grades, $5.5aa.o0;
oatmeal, steel-cut, 45-pound sacks. $S -per
barrel; 9-pound sacks, $4.25 per bale; oat
meal (ground), 45-pound sacks, $7.60 per
barrel; 9-pound sacks, $4 per bale; split
peas, per 100 pounds, $4.25 4.b0; pearl bar
ley. $4 if 4.60 per 100 pounds ; pastry flour,
10-pound sacks. $2 30 per bale.
CORN Whole. $25; cracked, $26 per ton.
HA Valley timothy. No. i, 15 u 10 per
ton; Eastern Oregon timothy, $17$ 18; clo
ver, $t; cheat, $y; grain hay, $0(10.
Vegetables, Fruits, Etc
IXMESTIC FRUITS Strawberries 2So per
pound; apples, common, 75c&$1.25 per box;
shoice, $1.5tKu2; cranberries, $10 per barrel.
THOl'iCAL FRUITS Lemons, fancy, $4
CO box; oranges, navels, $2.50(gtt.50; grape
fruit, 3fc 3.r0; bananas, 4 4 5c per pound.
ROOT VEGETABLES Turnips. $l'ol.25
per sack; carrots, $11.26 per sack; beets,
ll.25al.o0 per sack; garlic, 7610c per
pound; horseradish, 7&So per pound; chic
ory. SOc.
FRESH VEGETABLES Cabbage. Cali
fornia. ajlgSc per pound: cauliflower, fl-tf
1.25 dozen; lettuce, head, 35dM5e dosen; on
ions, 10m 12 per dozen; tonmtues, $-.25$
crate; parsley, 25 y 30c; artichokes, 75S0c
dozn; hothouse lettuce, $2 box; peas, 121
4il3c; radishes, 25c dozen; asparagus, irc
per pound; bell peppers, 30(3 35c per pound;
rhubarb, 4?6c per pound; cucumbers, $2 J;
spinach. $1.00 per crate.
ONIONS Oregon, $3gS.T5 per 100.
DK1KO FKl ITS Apples, 8$Hc pound;
apricots. lttyUc; peaches, llitt 13c; pears,
Hl-ic; Italian prunes, 2dc; Califor
nia figs, white. In sacks, 5tf6c per pound;
black, 4H 5c, bricks, 75c w $2.25 per box;
Smyrna. lbVtf 20c pound; dates, Persian,
to 7c pound.
POTATOES Jobbing price: $1,653? 2 par
sack.
RAISINS Layers and clusters, 2 -crown
$2.15. 3-crown $2.25, 5-crown $3.10, 6
crown $3 60 ; lor e muscatels, 2-crown 8c,
8-crown 84c, 4 -crown tc; seedless, Thomp
sons, lOfcc; Sultanas, 9. 12 fee.
Butter, Egge, Poultry, Ktc
BUTTER City creameries: Extra cream
ery, 27 per pound. State creameries:
Fancy creamery, 2ot27Kc; store butter,
17 c.
BUTTER FAT First grade oream. 26c
per pound; second grade cream. 2c leas per
pound.
CHEESE Oregon full cream twins. 15H9
16c; young America, 1614S:il7c per pound.
ePOKLrilT v.uaas uii Uaua. lltfc;
mixed chickens, 1515Hc; Spring fryers and 1
broilers. 224 w 25c; old roosters, 10 12c;
dressed chickens, 16 17c; turkeys, live. 13
Ctloc; turkeys, dressed, choice, 182(kj,
geese, live, per pound, 8c; ducks, 16?ltto;
pigeons, $1&1.50; squabs, $2&3.
EGGS ltc per dozen.
Dressed Meats.
VEAL Dressed. 75QH25 pounds, 8(f 8Hc.
125150 pounds, 7c; 15O200 pounds, 6c;
3oO pounds and up, $6c.
BEEF Dressed bulls, 334c per pound;
cows, 55 6c; country steers, 6 7c.
MUTTON Dressed, fancy, 1010c per
pound; ordinary, S&Oc; Spring lambs, with
pelts, 13c
PORK Dressed. 100130 pounds, 8 &
9c ; 100'u 200 pounds, 1 & 7 4 c; 200 pounds
and up, 6i6c
Groceries. Nuts. Etc.
RICS Imperial japan iso. l, 6c; South
ern Japan, 6.40c; head. 6.76c
COFFEE Mocha, U.4a2Hc; Java, ordinary,
17fe20c; Cota Rica, fancy, 18&iioc. good.
18c; ordinary. L2&1&C per pound. Columbia
roast, cases, 10Ua, $14.50; 5om, $14.76; Ar
buckle. $16.63, Lion, $16.75.
SALMON Columbia River. 1-pound talis,
$1.75 per doz.; 2-pound talla, $2.40; 1-pound
flats, $1.10; Alaska, pink, 1-pound talis. U5c:
red, 1-pound tails, $1.26; sockeye, 1-pound
tails. $1.7u.
6UGAR Sack basis, 100 pounds, cube.
$5.37 ; powdered, $5.27 H; granulated,
$5.17; extra C, $4.62; golden C, $4.o2;
fruit sugar, $5.12; berry, $5.12; XXX,
$5.02; P. C, $5.02. Advance sales over
sack basis as follows: Barrels, 10c; bar
rels, 25c; boxes, 60c per loo pounds. Terms:
On remittances within 16 days deduct o
per pound; If later than 16 days and within
30 days, deduct c; beet sugar, $5.02
per 100 pounds; maple sugar, 1518c pe
pound.
NUTS Walnuts. 1602Oo per pound by
sack; Brazil nuts, 19c; Alberts, Mc; pecans,
jumbos, 23c, extra large 21c; almonds, 18
ft 20c; chestnuts, Ohio, 17c; Italian, 14
15c; peanuts, raw, 68o per pound;
roasted, 10c ; pinen uts, loitf 12c ; hickory nuts,
10c; cocoanuts, SAaOc per dozen.
SALT Granulated, $14 per ton; $2 per
bale; half ground, 100s, $10.50 per ton; 60s,
$11 per ton.
BEANS Small white, 8c; large white,
8c; pink. Sc; bayou, 8o; Lima, 6c; Mex
icans, red, 4c.
HONEX Fancy, $3.253.B0 per box.
Hops, WooL Hides, Eto
HOPS 7tt10c per pound, according to
Quality.
WOOL Eastern Oregon average best, 13Q
18c per pound, according to shrinkage; Valley.
204 22c, according to fineness.
MOHAIR Choice, 2tf(yj2yc per pound.
CASCARA BARK Old, 6&&c per poundfl
HlLi&S Dry, No. 1, 16 pounds and up, 20e
pound; dry kip. No. 1, 6 to 16 sounds, loltto
per pound; dry calf. No. L under 5 pounds,
2(X&22c; dry salted bulls and stags, one-third
less than dry flint; culls, moth-eaten, badly cut,
scored, murrain, hair-slipped, w tattler-beaten,
or grubby, 2c to , ttc per pound less; salted
steers, sound, 60 pounds and over, lluo
pound; steers, sound, 60 to 60 pounds,
10&llc pound; steers, sound, under 50 pounds
and cows, lolle pound; stags and bulls,
sound 7&8c pound; kip, sound. 15 to 30
pounds, loi&llo pound; vea, sound. 10 to 14
pounds, 11 (ft 12c; call, sound, under 10 pounds,
12qWg pound; green (unsalted, lc pound less;
culls, lc pound less; sheepskin, shearlings,
Ho,i butchers' stock, 25&30c each; short wooL
No. 1 butchers' stock. OOffcpOOc each; medium
wool, No. 1 butchers' stock, $1.252 each;
murrain pelts, from 10 to 20 per cent less, or
15igl6c pound; horse bides, salted, according
to size, $2&2.50 each; hides, dry, according to
size, $l8'1.6u each; colts' hides, 256uo each;
goatskins, common, 15&28c each; goatskins.
Angora, with wool on, 3oc&$1.50 each.
FURS Bear skins, as to size. No. 1, $5fi20
each; cubs, $lfc3 each; badger, prime, 26aj.50o
each; cat, wild, with head perfect, 30tgp50c; cat
house, 6&20c; fox, common gray, large prime)
MX&70C each; red, $36 each; cross, $5itfl5
each; silver and black, $100&310 each; fishers,
$58 each; lynx. $4.606 each; mink, strictly
No. 1, according to size, $13 each; marten
dark northern, according to size and color,
$10 16 each; pale, pine, according to size and
color, $2.604 each; muskrat. large, 12i5o
each; skunk, 80g40o each; civet or polecat,
bl&c each; otter, for large, prime skin, $t
10 each; panther, with head and claws perfect,
$2&5 each; raccoon, for prime, large, 60(&75a
each; wolf, mountain, with bead perfect, $3.60
Cf5; prairie (coyote), 60cer$l; wolverine, $68
Provisions and Canned Heats.
BACON Fancy breakfast. 21o pound;
standard breakfast, 10c; choice, ISc; Eng
lish. 11 to 14 pounds, 17c; peach, 16 c.
HAMS 1 0 to 11 pounds. 16 c pound ;
14 to 18 pounds, 10c; 18 to 20 pounds, 16c;
picnics, 12c; cottage, Hc: shoulders, 12c;
boiled, 25c; boiled picnic, boneless, 20c.
BARRELED GOODS Pork, barrels, $20;
half-barrels, $11; beef, barrels, $10, half-bar-re
ls $5.50.
BAUSAGB Ham, 18o per pound; mtneed
ham, 10c; Bummer, choice dry, 17c; bo
logna, long, 6c; welnerwurst, 10c; liver, 8a;
pork. 10c; headcheese. 60; blood. 6c; bologna
Unks, 6c
DRY SALT CURE3D Regular short clears,
dry salt, 12c; smoked, 13c; clear backs,
dry salt, 12c; smoked, 18c; clear bellies,
14 to 17 pounds average, dry salt, none;
smoked, aone; Oregon exports, dry salt, 12 c;
smoked. 13c
LARD Kettle rendered: Tierces, 12o;
tubs, 12c; 60s, 12c; 20s, 12c: 10s, 13c;
66, 13 c. Standard pure : Tiercee, 1 1 o :
tubs. llc; 60s. Uc; 20s, llc; 10s, 12o;
6s. 12 c. Compound: Tierces, &c; tubs, 0c;
60s. OWc; 10. c; 5a. 9o.
PORTLAND LIVESTOCK MARKET.
Prices Current Locally on Cattle. Sheep and
Hogs.
The following prices were quoted In the
local market yesterday:
CATTLE Eest steers, $4.754.90; me
dium. $4.2564.50; cows, $3.754; fair to
medium cows, $3.25 8.50; bulls, $1.6032;
calves, $4.50fj5.
SHEEP Best, $6.25S6.50.
HOGS Best, $7.257.50; lightweights, $7
G7.25; stockers and feeders, $6.757.25.
Eastern Livestock Prices.
KANSAS CITY, April 16. Cattle Re
ceipts, 14,000; steady; native steers, $4.60&
6.40; native cows and heifers, $2.005.20;
stockers and feeders, $3.80(3) 5.35T bulls, $S
4.30; calves, $3.75 7; Western fed steers,
$4.255.80; Western fed cows, $3 4.75.
Hogs Receipts, 1600; strong; heavy,
$6.476.52; packers, $6.47 657 ;
pigs and light. $tJ.45.60.
Sheep Receipts, 10,000; steady; lambs,
$S.8U8.35; range wethers $5.25 7; fed
ewes. $5&6.15.
CHICAGO, April 16. Cattle Receipts,
3000; steady to strong; beeves, $4.806.70;
good to prime steers, $5.40 6.70 ; poor to
medium, $4.SO65.35; stockers and feeders,
$2.005.10; cows. $1,806)4.90; heifers, $2.70
&5.S&; calves, $367.
Hogs Receipts, 12,000; 5c higher; light
and 'mixed, $6.55 6.76; heavy, $6.3506.75;
good to choice heavy, $6.65(3:6.90; rough
heavy, $6.356.45; pigs, $6.1066.65.
Sheep Receipts, 15,000; steady to strong;
natives, $4.50:6.70; lambs, $6.6068.50;
Western sheep, $4.50 6.50; yearlings, $0.75
6 7.60; Western lambs. $6.76 8.65.
SOUTH OMAHA, April 16. Cattle Re
ceipts, 7000; market, steady; native steers,
$4.23 6 5-80 ; cows and heifers. $2.75 3;
Western steers, $3.256 5.25; stockers and
feeders, $365; calves, $3 0.50; bulls, stags,
etc., $364.50.
Hogs Receipts, 8000; market 5c higher;
heavy, $0.406 6-50; mixed, $0.206.46; light.
$6.356 6.50; pigs. $5.00 u 6.25.
Sheep Receipts, 7000; market strong;
yearlings, $6.5u7.7e; wethers, $5.76 7;
ewes, $5.256 8-40; lambs, $7,506 S.5U.
Metal Markets.
NEW YORK. April 16. There was1 a
higher market for tin in London, with spot
quoted at 1S5 5a and futures at ilS3 os.
Locally, the market was Quiet, with spot
quoted at 40.37 40.60c. or a little over 20
points higher on the averare.
Copper had a partial recovery in London,
with spot and futures both quoted at U6
10a. Locally, the market was dull and
nominal, with lake quoted at 24.002S.O0o;
electrolytic, 23.SO24.60c; casting, 22.50
23.00c.
Lead was unchanged at 66610c, and at
18 17s In London.
Spelter was 5s lower at 25 10a in London.
Locally, the market was dull and unchanged'
at 6.70 SOc.
Iron was higher In the English market,
with standard foundry quoted at 54s 6d
and Cleveland warrants 5js 6d. Locally,
the market was unchanged.
Dried Fruit at New York.
NEW YORK, April 16. The market for
evaporated apples continues quiet, but seems
to be steadier in tone with fancy quoted at
Sc. choice at 7o; prime, 6K&6c; poor to
lair, Biut&
Pmnna . r. stilt Millet nn annt a r th. ,nnn
t of the market Is somewhat unsettled, owing
to the approach of the cold atorage season.
California fruit ranges from 4Hc to 13c and
Oregon prunes from 5Hc to 10c
Apricota are quiet and unchanged, with
choice quoted at ITH&lSo; extra choice,
lSHfilSc; fancy, 19620c
Peaches are quiet. Choice, ll&lltte: ex
tra choice, 12 'SIS lc; fancy, 12 813c; ex
tra fancy, IS ft 15c
Ralsina are firm. Looae muscatel, 84 0
10c; seeded raisins. 7 lie; London layers.
1.50ai.O.
Free Kitchens in Famine Land.
ST. PETERSBURG, April 16. The Min
ister of tbs Interior has assigned $250,000
toward the support of the free kitchens
In tbe famine provinces.
10L MARKET DULL
Situation at Boston Unsatis
factory to Sellers.
STATISTICALLY IS STRONG
Domestic Grades That Are in Heavl
- est Supply, However, Are Al
most Unsaleable at the
Prices Asked.
BOSTON. April 16. The wool market TO,
extremely dull and there la a radical failing
oft In the price of dellrerle, on old contracts.
Statistically the situation la strong, but as
the domestic wools In heaviest supply are al
most unsalable at the price asked, the market
Is unsatisfactory to the sellers. Activity tn
forelga clothing wools la slackening. Quota
tions: California, scoured basis. Northers choice,
6768o; Northern. good, 6687c; Middle
County, e5So: Southern. 62&63c; FaH, free,
67g8c.
Oregon, scoured basis. Eastern No. 1 staple.
e273c; Eastern No. 1 clothing, 68 70c:
Valley No. 1. 60e2c
Territory, staple, scoured basis, fine, T29
T3c; flue medium, 6870c; medium, 6566c
Colorado and New Mexico, Spring, scoured,
S70o; No. 1, 635c
Wool at St. LoiiU.
ST. I5U1S, April 16. Wool Steady: me
dium grades combing and clothing, 2226c;
light One. 2021c; heavy flne, 1517c; tub
waahed, 2837c.
STOCKS NEARLY STAGNflST
DOWNWARD TKNDEXCY OF LAST
FEW DAYS IS CHECKED.
Coppers Aided by the Sharp Advance
in That Metal in the Lon-
don Market.
NEW YORK, April 16. The conspicuous
feature of the stock market today was the
extreme dullness Into which it fell. The down
ward tendency of the last few days was
checked and some recovery ensued. The con
sequence, however, was a condition bordering
on stagnation. The demand which put up
prices was attributed largely to the account
of the bear operators, who have been attack
ing the market recently. That their buying
received very small accession from outside
sources is sufficiently attested to by the small
aggregate sales of the day. A large propor
tion of the meager total was dons In the last
hour of the session, whAx the rush to cover
by shorts gained considerable animation, mak
ing a buoyant closing.
There was slight reflection of any outside
event In the movements of prices. The cop
per stocks held the advantage of a sharp re
bound from recent depreaalon In metal In the
London market and these ahares. If American
Smelting be Included, were conspicuous in the
day's upward movement in prices. The cop
pers kept the same stocks in their company
that have been conspicuous in all the late
speculation. The Harrlmans. the Hills and
Reading made up the preponderance of the
dealings. United States Steel also was dealt
in in the customary proportion to its huge
share bulk. The reaction late In the day gave
the usual indication of a highly professional
market.
Money on call continued easy, in spite of
some further large syndicate transactions. In
cluding a $30,000,000 payment on American
Telephone convertible bonds and a $5,000,000
payment on General Electric new stock today.
The effect upon the loan account of the banks,
on top of last week's record increase In loans.
Is a subject of interest and conjecture. Sub
treasury operations continue to yield liberal
amounts to the banks, the gains on that ac
count having reached over $3,000,000 since the
last bank statement, with another large debit
by the Government institution at the clearing
house today. Special Interest attached to the
announcement from London of the withdrawal
of $1,000,000 in gold from the Bank of Eng
land for shipment to Paris. Sterling exchange
at Paris also continued to decline. London
financial opinion has held strongly that further
substantial additions to the Bank of England's
bullion holdings were essential in spite of the
marked relaxation In the London market. Any
Intimation of a possible demand for gold has
been met by protests In London for a long
time past. What the response may be to the
present local development is a question of in
terest here.
The weekly crop bulletin of the Weather
Bureau confirmed some of the reports of un
favorable conditions which were a factor in
depressing stocks, but it was without effect
upon the firmer . tone of the day's market.
Much of the day's gains were made In the
volatile upshoot of prices with which the mar
ket closed.
Bonds were Irregular. Total salea. par
value, $1,401,000. United Statea bonds were
unchanged on call.
CLOSING STOCK QUOTATIONS.
Closing
Bales. High. Low. Bid
Adams Express 2bo
9as iia
36 36
62ii oi
130 125
llW-v, JOtHs
123 23
92 8154
eo 6o
S3-M V2i
ii ifbb
lol6 lot
as 0714
"eoli "67 hi
17S(4 173
2814 28!4
7 87
1314 1314
149 14S
134 131
'iiii "ii"
26V4 26
"47 '474
181 1 129
iii" isi",
4O0 460
20 29
76 75
69 '4 69
2.1 -i, 22
52 52
37 36 W
14TV4 146
134 130
'2614 25H
60 604
14 13
Amaigam uopper.. iu.juu tu'fe vift im
Am Car & Foundry 10,wo 30 36 Soi
do preferred zou vs v
Am Cotton Oil 301
do preferred . . 80
American Express ...... ..... U0
Am Ud A Lt pf 21
Am Ice securities ..... is
Am Linseed Oil 13
do preferred1 2s
Am Locomotive.... 1,000 624 61 6254
do preferred 600
Am Sugar Refining 23,O"0
Am Tobacco pf 800
Anaconda Mln Co 7.3U0
Atchison 23,700
do preferred 300
Atlantic Coast Line 500
Baltimore & Ohio S.SO0
do preferred
Brook Rap Transit 11.SO0
Canadian Pacific... S,5oo
Central Leather... 700
do preferred 300
Cent of New Jersey
Chesapeake & Ohio 1.5O0
Chi Great Western TOO
Chi & Northwest.. 600
Chi Term & Trans
do preferred
C. C, C. & St. L.
Colo Fuel & Iron..
Colo & Southern..
do let preferred..
do 2d preferred-..
Consolidated Gas.
Corn Products
do preferred.....
400
4.90O
800
Del.. Lack. & West 600
Den & Rio Grande 1,000
do preferred loo
Distillers' Sec urn.. 6u0
Erie 10.200
do let preferred 100
do 2d preferred.. 40O
General Electric. . . 700
Illinois Central
Int. Met
do preferred
International Paper
do preferred
International Pump
do preferred.....
Iowa Central
do preferred
Kan City Southern
do preferred
Louis 4c Nashville
Mexican Central . . .
Minn. A St. Louis
M., St, P. S.S.M.
do preferred.....
Missouri Pacific...
Mo.. Kan A Texas
do preerred.....
National Lead
Mex. Nat. R. R. pf
N. Y. Central
N. T. Ont. A West
Norfolk ft Western
do preferred
North American...
Northern Pacific. . .
Pacific Mall
Fannsylvania
143
25
60
14
7314
26
76
1814
35
2414
60
116
21
48
104
13414
- 86
65 "4
611
62
118
88
3,4
7314
120
26
100
500
400
""SOO 18 TSH
""pno "so- 6914
600 116 116
"'166 "49" "49""
" 700 i?.4 iji"
800 74 7314
S.2U0 Sd 85
600 66 68
1.OO0 60 6914
"i'ooo iisi, 11814
"'SOO 76" "jtiii
i&ioo iio" i28
iiliod 124 122
People's Gas 800 92 9114 91
Pits.. C. C. & S. L. .. TO
Pressed Steel Cax ...... ..... SS
do preferred- .. ...... ..... 93
Pullman Pal Car 16S
Reading 81.400 106 10414 10614
do 1st preferred.. SOO 85 6414 84
do 2d preferred.. 83
Republic Steel 1.000 29 28 29V4
do preferred..... 100 85 83i 84
Rock Island Co S.3O0 2014 20 20
do preferred 300 4914 14 48
Rubber Goods pf . ..... ..... 95
Schloss-Sheflleld .. 63
St. L. & S. F. 2 pf 8314
St. L. Southwestern ..... ..... 2114
do preferred S.l1
Southern Pacific... 46,600 82 79 82
do preferred 114
Southern Railway S.S00 21 2014 21
do preferred 800 64 6314 6
Tenn Coal & Iron.. 300 144 14314 142
Texas & Pacific 600 27 27 28H
Tol.. St. L. ft West 600 29 28 29
do preferred 800 63 63 63
Union Pacific... 101.500 136 132 135
TJ. S. Express 100
TJ. S. Realty 200 TI Tl 71
U. S. Rubber 41
do preferred 300 102 102 101
TJ. S. Steel 69.300 31 35 37
do preferred 8.500 100 89 100
Vlrg.-Caro Clem.. 600 28 28 28
do preferred..... ...... . 104
Wabash 500 14 14 14
do preferred 600 25 24 24
Wells Fargo Exp.. 230
Westlnghouse Elect 300 146 144 146
Western Union 400 83 82 82
Wheel & Lake Erie 12
Wisconsin Central 18
do preferred..... 86
Total sales for the day. 651.T00 shares.
BONDS.
NEW YORK, April 16. Closing quota
tions: TJ. S. ref. 2s reg.104
Den. A R. G. 4a. 94
In. y. c g. 8s. 93
iNorthern Pao. 3s Tl
Northern Pac. 4s.l01
Southern Pac 4a. 88
Union Pac 4s... 101
Wla Cen. 4a.... 87
Jap. 6s 2d aer... 87
jap. 4s efts... 97
Do coupon ... 104
TJ. S. 3s reg.,..102
Do eounon ...10314
TJ. S. new 4a reg.129
TJ. S. old 4s reg. 101
uo coupon ... 101
Atch. Adj. 4s... 91
Money, Exchange, Etc.
NEW YORK, April 16. Prime mercantile
paper, 8 per cent. Sterling exchange, firm,
with actual business tn bankers' biUs at
$4.85404.8545 for demand, and at $4.8245
4.8250 for 60-day bills.
Posted rates. $4.82 and $4.S6; commercial
bills. $4.82.
Bar silver, 65 e.
Mexican dollars, AOc
Government bonds, steady;, railroad bonds,
irregular.
Money on call, easy, 22 per cent; ruling
rate. 2; closing bid, lc: offered at 2 per cent.
Time loans, firmer; 60 days. 3S4 per cent;
90 days, 44 per cent; six months, 6 per
cent.
LONDON. April 16. Bar silver, steady,
80d per ounce.
Money. Ie2 per cent.
The rate of discount In the open market for
ahort bills is 8 per cent and for three
months' bills S 7-163 per cent.
SAN FRANCISCO, April 16. Silver bars.
66c
Mexican dollars, 6061c.
Drafts Sight, per; telegraph, 56.
Sterling, 60 days, $4.82 ; sight, $4.85.
Daily Treasury statement.
WASHINGTON, April 16. Today's state
ment of the treasury balances shows:
Available cash balance $248,554,174
Gold coin and bullion .......... 109,766.198
Gold certificates , 38,848,840
PORTLAND STOCK EXCHANGE.
8ixty-five Shares of Home Telephone Sell
at Former Price.
Home Telephone stock continues to corns out
quite freely, 65 ahares selling on the local
exchange yesterday at $35. There was a sale
of 4500 shares of Fotlcle at 19 cents, the
best price yet paid for the stock. J. C. Lea
Company suffered In the bidding, with only
$7.60 offered for the stock and $20 asked, with
no sales.
Official prices were as follows:
Bank Stocks Bid. Asked.
Bank of California 800 ...
Bankers' ft Lumbermen's.... 1U3
Merchants' National 177
Oregon Trust & Savings. 150
Portland Trust Co ... 120
United States National 20 ...
LISTED SECURITIES.
Bonds
American Biscuit Co. 6s..., 98 100
City & Suburban 4s 93
Home Telephone 5a ........... . 85
O. R. N. Ry. 4s 99 100
O. W. P. ft Ry. 6s 100 103
Pacific Coast Biscuit 6s 96 100
Portland Ry. 6s 98
J. C. Lee Co. 6s ... 100
Miscellaneous Stocks
Associated Oil 43 43
Home Telephone 84 40
J. C. Lee Co '7 20
Pacific States Telephone . .... ... 100
Puget Sound Telephone. .... ... 40
Mining Stocks
Lakevlcw ... 25
Manhattan Crown Point ........ 20
Potlcie Mining 19 21
Washougal Extension 25 26
UNLISTED STOCKS.
Yaquina Bay Telephone .... 5 ...
Oregon City Mill ft Lumber 6
Alaska Petroleum 12 16
British Columbia Amal 03 06
Cascadla 20 ...
Mammoth .... 08 12
Morning 03 05
Oregon Securities 01
Standard Consolidated 06 10
Tacoma Steel 08 14
Cocur d'Alene District
Bullion 07 08
Copper King 17 20
O. K. Consolidated 04 04
Happy Day 40 48
Snowshoe ...... ............ 40 48
Snowstorm ......2.80 2.87
SALES.
65 Home Telephone 85
4500 Potlcie 19
Eastern Mining Stocks.
BOSTON, April 16. Closing quotations:
Adventure .. 3.50
Allouez .... 51.00
Amal ...... 93.25
Atlantic ... 13.00
Bingham .. . 17.00
Cal. & Hec 825.00
Centennial . 29.50
Cop. Range. 81.25
Daly West.. 16.00
Franklin ... 16.50
Granby .... 130.00
I Parrot 20.50
Qulncy 118.00
Ishannon .... 17.25
Tamarack . 105.00
Trinity 20.25
United Cop.. 60.00
U. S. Mining 53.75
U. S. Oil 101.00
Utah 61.30
Victoria .... 7.00 1
Winona 8.00
Wolverine ... 14D.00
North Butte. 86.50
Butte eoal.. 25.50
Nevada ..... 13.75
Cal. ft Ariz.. 156.00
Ariz. Coml. . 22.50
Mass. Mining
Michigan ...
Mohawk ...
Old Dom....
5.50
14.O0
77.00
53.25
QUOTATIONS AT SAN FRANCISCO.
Prices Paid for products in the Bay City
Markets.
SAN FRANCISCO, April 16. The follow
ing prices -were quoted In the produce mar.
ket yesterday:
FRUIT Apples, choice, $2; common, $1;
bananas, $101.50; Mexican limes, $636; Cali
fornia lemons, choice, $4.50; common, 7501
oranges, navel. $13.60; pineapples. $46.
VEGETABLES Cucumbers, $1.251.75; gar
lic. 3 4c; green peas, 4 6c; string beans,
nominal; asparagus, 6llc; tomatoes, 46c
EGGS Store, 1821c; fancy ranch, 22a
POTATOES Early Rose, SI Wxtil 76; aweets,
$44.60; Oregon Burbanka, $2&2.60; Oregon
seed Burbanka, $1.5061.75: Eastern, $1,709
1.80; garnet Chile, $1.60; River Whites,
$1.S52.
ONIONS Yellow, (1.SOSI.
BUTTER Fancy creamery, 22c; cream
ery seconds, 21c; fancy dairy, 21 o; dairy
seconds, nominal; pickled, 19c
WOOL Fall, Humboldt and Mendocino, 139
14c; Nevada, 1617o; South Plains and Saa
Joaquin. &8c; lambs. 710c
HOPS California. S12c
CHEESE Young America, 1416c; East
em. 17c.
HAY Wheat, $18 25; wheat and oats, $119
21; alfalfa. $891L50; stock. $8.60910;
straw, 45975c
MILLSTUFFS Braa, $22923; middlings, $27
930.-
FLOUR California family extras, $4,809
6.80; bakers' extras, $4.6094.80; Oregon and
Washington, $3.7594.50.
POULTRY Turkeys, gobblers, nominal; tur
keys, hens, nominal; roosters, old, $4.6096;
young, $7.5099; broilers, small. $2.5093;
broilers, large, $405; fryers, $697; hens, $59
8.60; ducks, old. $596; ducks, young. $698.
RECEIPTS Flour, 2436 quarter sacks;
wheat, 2144 centals; barley, 4440 centals; oats,
870 centals; beans, 65 aacks; potatoes, SO
sacks; middlings,. 20 sacks; hay, 80S tons;
wooL 679 bales; hides. 875.
Strikebreakers Desert Shipyards.
SUPERIOR, 'Wis., April IS. Fifty strike
breakers at the American Shipbuilding
Company's yards, quit work last night.
The strikers claim more men will follow
tonight.
WHEAT OFF II CENT
Rain and Snow in Kansas
Cause of Selling at Chicago.
CABLES ARE ALSO EASIER
Crop Expert Says That Many of the
Reports of Damage by the
Green Bug Were Greatly
Exaggerated.
CHICAGO. April 16. Reports of rain and
snow la Kansas caused general selling today
In the wheat market and brought about a de
cline of almost lo a bushel. The reports of
rain and) enow in the Southwest were uncon
firmed by the Weather Bureau, but neverthe
less traders placed confidence In them and
sold freely all day. Other weakening In.
flueacee at the opening were easy cables and
liberal Northwestern receipts.
A crop expert lust returned from the South,
west claimed that many of the reports of
damage by the green bug were greatly exag
gerated. This stimulated the selling move
ment In the latter part of the day. Offerings
throughout the day came chiefly from longs.
Shorts were the best buyers. The market
closed weak. May opened, o lower to o
higher at 78978c sold off to T7o and
closed at 7878c.
Corn was weak because of a probability of
improved weather conditions and a revival of
farm work. Increased local receipts apd the
decline in wheat were additional Influences.
Longs were the best sellers. The market
closed weak. May corn opened a ehade higher
at 47c sold oft to 46 c and closed at 47c
Sentiment In oats was bearish. May oats
opened a shade higher at 44c soldi off to 43a
and dosed at 48 c.
Provisions opened firm but later eased off on
realizing sales. At the close May pork was
off 12c, lard was oft 2c and ribs were
2o off.
Leading futures .ranged as follows:
WHEAT.'
Open. High. Low. Close.
May $ .77 $ .78 $ .77 $ .7(1
July 81 .81 .80. .80
September ... .82 .82 .82 .82
December
.84 .84
CORN.
.83
.84
May .
July
.47 .47
.46 .47
.40 .47
.47 .47
.47 .47
September
OATS.
May .44 .44 .43
.43
.40
.36
July 4014 .40 .40
September ... .85 .35 .35
MESS PORK.
May 16.07 16.07 15.87 15.87
July ..IS. 12 14 10.12 16.00 15.07
LARD.
May 8.62 8.62 8.60 8-62
July 8.80 8.80 8.73 8.75
September . 8.92 8.2 8.85 8.87
SHORT RIBS.
May 8.62 8.52 8.45 8.47
July 8.70 8.72 8.65 8.65
September ... 8.80 8.80 8.72 8.75
Cash quotations were as follows:
Flour Steady.
Wheat No. 2 Spring. 8084o; No. 3, 759
83c; No. 2 red. 7678c.
Corn No. 2, 46946c; No. 2 yellow.
4694 c.
Oats No. 2, 43c: No. 2 white, 44944o;
No. 3 white, 40943c.
Rye No. 2, 67c
Barley Fair to choice malting, 6971c
Flaxseed No. 1, $1.12; No. 1 Northwestern,
$1.19.
Timothy seed Prime, $4.25.
Clover Contract grades, $14.60.
Short ribs Sides (loose), $8.3093.40.
Mess pork Per barrel, $16916.12.
Lard iPer 100 lbs., $8.57.
Sldea Short clear (boxed), $8.7699.
Whisky Basis of high wines, $1.20.
Receipts. Shipments.
Flour, barrels 85.700 22,800
Wheat, bushels 26.300 34.8J0
Corn, bushels 372,000 347.200
Oats, bushels 427,000 360.100
Kye, ousneis iu.zuu 4, sou
Barley, bushels 76,200 88,200
Grain and Produce at New York.
NEW YORK. April 16. Flour Receipts,
89,300; exports, 4100; quiet and good.
Wheat Receipts, 42,000; exports, 16,100.
Spot, easy; No. 2 red, 83c; elevator No. 2
red. 84 c f. o. b. afloat; No. 1 Northern
Duluth, 91 c opening navigation r. o. b.
afloat; No. 2 hard Winter, 87 c. In re
sponse to rain news from Kansas more
long wheat came out today. At one time
prices were nearly a cent off, but In the
afternoon they rallied on a bullish snow
report and covering, last figures showing
c to e net loss. May, 8586c
closed 88c; July. 87988c, closed 87c;
September closed 88 c; December, 90 c
Hops, wool and petroleum Steady.
Hides Dull.
Grain as San Francisco.
SAN FRANCISCO. April 16. Wheat Firm.
Barley Quiet, but firm.
Spot quotations: Wheat Shipping, $1.80&
1.35; milling. $1.4591-50.
Barley Feed. $1.2091.2T: brewing. $1.22
91.25.
Oats Red, $1.3091.75; white, $1.6091.65;
black, $1.8532.25.
Call board sales: Wheat May, $1.30; Da.
oember, $1.88.
Barley May, $1.22; December, $1.22.
Corn Large yellow, $1.3591. 40.
Minneapolis Wheat Market.
MINNEAPOLIS, April 16. Wheat May,
80c; July, 82c; No. 1 hard, 83984o; No.
CITY ORDINANCE
VIOLATED
If the "Terrific Rates Telephone Company" spit on the
sidewalk don't get the idea there is a tidal wave comings this
Blush about consolidation and their talk about purchasing the
Automatic -is absolutely without foundation and all rot.
First place, Independent Franchises and contracts on state
rights, together with the heavy bonds required from the Chi--cago
Automatic Electric Company prohibit and. make such
things impossible.
Second place, they haven't enough money to take care of
their own dilapidated, shot-to-pieces, all-in service, without tak
ing on new liabilities.
If you would wake tip to consider the source of such infor
mation, and why such talk is turned loose at this time it would
dawn on you. "There is a reason."
WHAT THE CHINAMAN SAYS: .
"Too muchee talkee everything by'm-bye him 'Terrific
Bates' manager 6ay all time 'Give Chinaman good service
by'm bye.' Him service no good fool Chinaman all timee
What's a mall'ee s'ling bloket"
LOUIS J. WILDE
"Home Bonds"
5 Lafayette Building Portland. Oregon
6
THE
United States National Bank
OF PORTLAND
J. C. Ainsworth, President. R. W. Schmeer, Cashier.
B. Lea Barnes, Vice-President. A. M. Wright, Assistant Cashier.
W. A. Holt, Assistant Cashier.
FOREIGN DRAFTS
WHEN sendlnir Money abroad, we Invite you to make use of our
Foreign Exchange Department.. We send money to all parts of the
world by FOREIGN DRAFTS. They are payable in the currency
of the country on which they are drawn. Call or write us for par
tlculars we are always pleased to furnish, the desired Information.
Capital, $500,000. Surplus and Profits, $350,000.
Resources Over $8,500,000
UNITED STATES
Third and Oak Streets,
American National Bank
SAN DIEGO, CAL.
CAPITAL pald ms
SURPLUS AND UN. PROFITS.
OFFICERS AND DIRECTORS.
LOUIS J. WILDE, Pres. R. M. POWERS-Vlce-Pres.
H. E. MILLS, Vlce-Pres. CHARLES L. WILLIAMS,
Cashier. L. J. RICE. Ass't-Cashier. E. STRAH I.MAN.
SEND US YOUR PACIFIC NORTHWEST ITEMS
SEND US YOUR VISITORS
FOR GOOD TREATMENT
SAN DIEGO'S CLIMATE.
Four times In the history of San Diego has the tem
perature touched 32 decrees, but has never fallen
lower. The temperature of San Diego has exceeded SJ
degrees but nineteen times in thirty-two years.
1 Northern, Duluth, 82983c; No. 2 Northern,
8081c; No. 8 Northern. 78474c
Chances In Available Supplies.
NEW YORK, April 16. Special cable and
telegraphic communications received by Brad-
street's show the following- changes In avail
able supplies aa compared with previous ao-.
count:
Bushel
Available supply wheat. United States,
east of the Rockies, Increase 826,000
Canada, decreased 765,000
Total. United States and Canada, In-
creased ......... ................... 126,000
Afloat for and in Bprope, Increased. . . . 400,000
Total American and European eupply
Increased - 861,000
Corn. United States and Canada, do-
creased 921.000
OatB, United States and Canada, In-
creased 08,000
Dairy Produce in the East.
CHICAGO, April 16. On the Produce Ex
change today the butter market was firm.
Creameries, 2229i4c; dairies. 2027Ko.
Eggs Steady at mark, cases included, 16o;
nrats, 16HC; prime firsts, 1714c
Cheese Steady, 12 16c.
Coff e and Sugar.
NEW YORK, April 18. Coffee futures
closed steady, net unchanged to 5 points lower.
Sales, 23,000 bags. Including: May, 6.70c; July,
fi.656.60c; September, 6.60c; October, 6.60c;
December, 6.60c; March, 6.60c. Spot coffee.
VICTOR MANGANESE STEEL
BANK SAFE
GLASS&.PRUDHOMMECO., AQTS.
PORTLAND. OREGON
DEPOSITARY
Portland, Oregon
.......... . 100,000.00
. )40,000.00
quiet. No. T Rio, Stfo: Santo No. 4, Tfto,
Mild, quiet. Cordova, 12tte.
Sugar Raw, firm; fair refining, 8.32c; cen
trifugal, fie test, S.TSc; molasses sugar, S.vea,
Refined sugar, steady.
New Task Cotton Market.
NEW YORK, April 18. Cotton futures
closed steady, net unchanged to one point
higher. April, 9.60c; May, 0.7o ; June,
9.6&o: July, O.T60; August, 9.79o; Septem
ber, 0.82c; October, 10.04c; November, 10.08o
December, 10.13c; January, 10.26O; Feb
ruary. 10S2c.
TKAVKI.KKJV OOIOM.
Alaska 1907
EXCURSIONS
S TRIPS
8. S. Spokame, Jsae 14s
23 1 July 12, 36 Ana- sj
Queen, Jnly 1.
NOME ROUTE
S. 9. Senator .Jane
8. S. President June 4
9. E. ALASKA ROUTE.
Sfttagrwayp Sitka, Jnnran and way ports
Sailing; P. M.
H. 8. S. Co.'s Hnmboldt... April S-U-23
Cottace City, via Sitka April 7-21
Cltjr of Seattle April IT-
AM FRANCISCO ROUTE.
Sailing 9 A, M. From Seattle.
City of Puebla April e-TO
Spokane. .April Sd
Umatilla April 1B-3Q
City Office, S49 Waahlngrtua St.
EUROPE
$150 j&K $1195
Ail Expenses Included.
ILL ROUTES.
WMTB FOR BOOKLST.
THOS. COOK & SON
S45A BROADWAY, NEW T0BK.
1S3 Offices Abroad.
Cook's Travelers' Checks Favrable Every,
where.
WILLAMETTE RIVER ROUTE
For curvaliia, Albany, Independence, Sa
lem Steamer "POMONA" leave! 6iU A. Lj
Tuesday, ThuTsKlay and Saturday.
Fur Balazn and way landing 8tamal
OREGON A" leavM 6:45 A, Moadayaj
Wdi-dayi and Friday.
uiubuaa cix k inAanFORTATion co,
Foot Taylor Street.
Columbia River Scenery
i&.UllAJ.'OR UJn'Jfi AT K AM H lift.
Dally service between Portland and Tb
Dallas, axcept Sunday, leaving Portland at
7 A. M.. arriving- about S P .M.. carrying
freight and patwengara. Splendid aoeonxasvo
da t Ions lor outfits and livestock.
Dock foot of Alder eu, Portland; foot of
Court The Dalles. Pnone Mala 014m
Portland.
CANADIAN PACIFIC
"EMPRESS" Line of the Atlantic
Nothing b.ttr afloat tnan our new sx
press steamers. Empress of Britain and
Empress ot Ireland 14,500 tons). Quebec to
Uverpool In six days; less than tour days
at sea Superior accommodation available.
Comfort, elegance and safety. Send tor illua
trated booklet and mailing list.
F. K. Johnson. Pass. Ajrt, 14 Third Street,
Portland. Oregon.
SAN FRANCISCO PORTXAJTD 8. S. CO.
Operating tbe Only Iirect Passenger
Steamers.
From Ainaworth Dock, Portland. 9 AM.
6. S. Costa Rica, April 21, May 1, 11. eta.
n " - ki. 1.1 Oft M.. A 1A -.a
From Spear St. Wharf. 6 an Francisco, lt
A. M.:
S. S. Columbia. April 21. May t, 11, etc.
8. 8. Costa Rica, April 26, May 6, 16, ete.
J AS. H. DEWSOX, Agent,
Phone Main 6. 248 U soiling ton Bt.
North Pacific S-S. Co's. Steamships
Roanoke and Geo. W. Elder
Sail for Eureka, San Francisco and .
Los Angeles direct every Tuesday at
8 P. M. Ticket office 132 Third
St., near Alder. Both phones, M.
1314. H. Young, agent.
STR. CHAS. R. SPENCER
Wasbington -street Dock.
Dally, except Sunday, (or Toe Dalles anal
war landings, st T A M., returning 10
at. Fast time, best esT-rlee.
Pnone. i Main. I1S4( Heme, A. U, M.