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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (May 1, 1907)
THE MORNING OREGONIAN, WEDNESDAY, MAY 1, 1907. 17 JO SUGAR WAR NOW Coast Refineries Have Evident ly Settled Their Quarrel. PUTTING PRICES UP AGAIN Consumers to Pay for the Fun ot Getting Cheap Sugar Last Year. , Quite a Reduction In the Butter Quotations Today. There vu an advance yesterday of 20c pr hundred In. all grades of sugar, cane and beet, both refineries. As the previous ad vance was participated in by both of the California companies, their concerted action in tliis instance lends further color to the belief that they hav mutually patched up their differences, which for a long time un settled the market and doubtless cut deeply into their profits, though the consumer had no complaint to make. If harmony has been restored between the rival interests, the natural Inference is that prices will go only one way from now on; in other words, that the consumer will have to dig down into his pockets to help the sugar makers recover what they lost during the recent period of ruinous competition. At any rate the market, at the opening of the season of heaviest consumption wears a very strong look. As normal conditions are supposed to be restored, it may be Interesting to note the course of prices In recent years at the open ing of the Summer season. In ISKW. at this time of year, prices were exactly the same ta they are now and before the rush was sver had advanced 20c. On the last day of aprll, 1D04. the market was 10c above the present price and climbed 30c more before the canning season was ended. Two years Alio, quotations were 45c above the current level, and refined voices fluctuated with raws, advancing and declining 10 points at a time during the Summer months. Last year at this time, owing to the disturbed conditions in the Pacific Coast markets, .sugar prices were down practically to the cost of refining and were 50c lower than those now quoted. BITTKR WILL UK LOWER TODAY. f'lty Creamery Price to Br Dropped 2V4 fents- thicken Weak. The local butter market will drop to 22!c this morning. Announcement is made by one of the city creameries that it will put out this price, which will doubtless be followed by all the other local companies. Cream receipts have shown a good Increase in the last few days which makes the re duction in price necessary On Front street the leading outside brands have been held up to the city creamery price and they, loo, will go down, though the street has cleaned up regularly on these brands each day. It is thought likely that the new price will be the lowest touched this season. Last year the market got down to. 20c, but the consumption this season will be greater and the supply will probably not be any larger. Another product that apparently cannot be forced down to the customary low level Is eggs. There are many cold storage specula tors who would like to see a 17c market on these goods, but with everything else high In price, eggs refuse to go down. The market continues In a weak condition, but Htoeks ntver accumulated sufficiently to cause much of a break in price, and when the market does drop half a cent, it Is quick to recover the loss. Chickens, which have sold at high prices since the holidays, may have to come down a peg, for buyers show an unwillingness to pay so much tribute to the farmers. For the past two days sales have dragged and al though quotations as yet are no lower, they cannot be maintained unless the demand picks up. Wool Shearing in Valley Soon. Wool shearing will soon begin in the Wil lamette Valley, but the market will not open for about two weeks. The local trade believes that opening prices will be around 2"c. In Eastern Oregon some shearing is being done in every section, but it is by no means general yet. Only a few lots, aggre gating less than 2OO.01K1 pounds, have been sold, mostly at prices ranging from 15c to 18c. Bunk Clearing. Bank clearing or the leading cltlre of the Northwest yesterday were: Clearlpg.. Balances. Po r 1 1 a nd $ 1 . : W 1 , 7 1 S $r. . M 3 frieattln 1.HS1.K.-.7 1K1.011) Taeoma ... 7."U,r;t.l o2.4M) tilokue 1X13.401 1&,449 PORTLAND QUOTATIONS. Grain. Flour, Feed, Etc. MTLLSTUFFS Bran, ity S17. country 118 per ton; middlings, $236.26; Bhorts, city $1:.5U, country $0.50 per ton; U. S. Mills dairy chop, $15.50 per ton. WHEAT Club, 75$-7c; bluestem, 77 78c; Valley, T2fc 7c; red, 741 75c. OATS No. 1 white. f2); gray, $-8ft''9. FLOUR patents. ILttu; straights, 93.75; elesrs, $3 75; Valley, S3. SOU 3. 90; graiiam flour. $3.75 4.25; whole wheat Hour, $4 0 4.50. RYE 91.45 1.50 per cwt. BARLEY Feed. S22.50 per ton: brewing, 28; rolled. $2S.50 24.50. CEREAL FOODS Rolled oats, cream, 90 pound sacks, $7 ; lower grades. J 5.50 ii 6.50; oatmeal, steel-cut. 45-pound sacks. $8 per barrel; 9-pound sacks, 4.-5 per bale; oat ureal (ground), 45-pouud sacks, 17.50 per barrel; 9-pnund sacks, $4 per bale; split l-eas, per 100 pounds, $4.25(r) 4.0; pearl bar ley. $4ft 4.50 per loo pounds; pastry flour, 10-pound sacks, $2 :t0 per bale. CORN Whole, 25; cracked. S'-8 per ton. HAY Valley timothy. No. 1. tirx&m per ton; Eastern Oregon timothy, SlNiirlt); clo ver, $; cheat, SO; grain hay, $910. Vegetables, Fruits, Etc 1KM!-STU Klll'lTS Strawberries. 17U'.fo V per pound; cherries, fa per box; apples, $15? 2.50 per box: cranberries, $10.50311 per barrel. rm.ii a wmons, laney, so flirt box; oranges, navels. $ii. 50 & 3.50; grape fruit, $.'i&3..V; bananas. 5c per pound. ROOT VEGETABLES Turnips, $101.25 per sack; carrots, life 1.23 per sack; beets, $1.25$1.50 per sack; garlic, itfflOc per pound; horseradish, 7ffSc per pound; chic ory. 30c. FRESH VEGETABLES Cabbage, Cali fornia, 3Vi 5i SVjc pound; cauliflower. $lfj) 1.25 doi. ; lettuce, head. 35 45c dozen; on ions, 10jjl2MiC per dozen; tomatoes. $2.23.$ 4. 50 crate : parsley, 25yjo0c ; artichokes, 75 8tt do.; hothouse lettuce. $2 box; pea p. tiSc; radishes, 2"r dozen; asparagus. 12c pound; bell p.-ppers, :Mjri35c per pound; rhubarb. 3c per pound; cucumbers. $22,50; spinach, $1.50 per crate. ONIONS Oregon. $2fi 2.50 per hundred; Texas. ftc per pound. DRIED FRUITS Apples, 8g8Hc pound; apricots, ltfu Kc; peaches. ll& I3c; pears, llHfcUe; Italian prunes, 2Hitc; Califor nia figs, white, in sacks, SitiV-c per pound; black. 4Hij5c; bricks. 75c u $2.25 per box; Smyrna. lH&20c pound; dates, Persian. j'7c pound. POTATOES Jobbing rtce: Oregon and East ern. $l.N,Vfi 2.10 per sack; new potatoes, 8c ound; eweet potatoes, tic per pouiw. RAISINS Layers and cluoters, 2-crown $2.15. 3-erown $2.25. 6-orown $3.10. 6 crown $3.50; lor se muscatels, 2-crown 8a, 8 -crown SVjc, 4-crown 9c; needless, Thomp sons. 10 4c; Sultanas. 9&12c, a Dressed Meats. VEAL Dressed. 75 125 pounds, 88c; 125-&150 pounds, 7c; 150 J: 200 pounds, 6c; 20O pounds and up. SHtlOc, FEEF Dressed bulls. 3 $ 4c per pound; cows. 3 4 to Sc; country steers. 655710. MUTTON Dressed, fancy, lO&luc per pound; ordinary. 0 ttc; Spring lambs, with pvltr. 121 12 He. PORK Dressed. 100 130 pounds, 86 Do; 150(0 -OO pounds, TTc; 2u0 pounds and up. 6 -U He- Butter, Kgg. Poultry, Etc. BUTTKR City creameries; Extra Cream- ery 22 per pound. State creameries'; Fancy creamery. 2tj22c; tore butter. 17 t&lTc. BUTTER FAT First grade cream, 21c per pound; second, grade cream, 2c less per pound. CHEESE Oregon full cream twins, 16 17c; Young America, 17 18c per pound. POULTRY Average old hens, 15Qiec; mixed chickejia. 1515c; Spring fryers and broilers, 22H& 25c ; old roosters, 10 9 12c ; dressed chickens. 16 17c; turkeys, live. 13 4 15c ; turkeys, dressed, choice. 18 & 20c; geese, live.- per pound. 8c; ducks. lfi&l&o; pigeons. $101.50; squabs. $2j3. EGUS lhj lhc per dozen. PORTLAND STOCK EXCHANGE. Mammoth, Poticie and Manhattan Show Gains. Mammoth made steady gains in the local market yesterday, an 8000-share block sell ing at 16 and another lot of 5000 shares at 17, an advance of 2 cents over Monday's price. Poticie was strong at 194 and 19 and Manhattan Crown Point sold up to 19. Associated Oil was a fraction lower than the last sale at Official prices were as follows: Bank Stocks Bid. Bank of California , . 360 Bankers' & Lumbermen's..... lt3 Merchants' National Oregon Trust & Savings ... Portland Trust Company United States National 200 LISTED SECURITIES. Asked. i5 iro 120 . American BiHcuit Co. bs. . City & Suburban 4b Home Telephone 5a O. R. ft N. Ry. 4s OS 300 ... 92 97 100 I0O14 lo34 97 10O 97 H IOO 41 42 35S 40 94 ... 40 1ft 19 20 19 H 21 25 26 w. i . y. ns 1 Vanlflfl Ul.o.tlr ttm Portland Railway 5s Miscellaneous Stocks Associated Oil Home Telephone Pacific States Telephone.. PugK Sound Telephone... Mining Stocks Lakeview UNLISTED STOCKS. Yanutna Bay Telephone. Oregon City Mill A Lumber... Alaska Petroleum. 4 1714 08 27 20 07 It 1414 13 British Columbia Amal o:l Cascadtla vr..... lil'Vi Mammoth. J1V4 Morning '. 03 Standard Consolidated Tacoma Steel. Coeur d'Alene District 07 10 Bullion 0714 0M 1614 0.114 03 4 sib Copper King. Happy Day O. K. Consolidated Snowshne. . 1 0.1 4S Snowstorm. 300 SALES. 22 Associated Oil 4114 ini'O Manhattan Crown Point ISli KiliO Manhattan Crown Point 10 100) Poticie '. lUt 2I.( Poticie 1814 SOO0 Mammoth. . IS 5000 Mammoth 17 Kastern Mining Stocks. BOSTON, April 30. Closing quotations: Adventure . .$ 8.K0 (Osceola J135.00 Alloues 50.00 lParrot 22.00 Amalgamatd 04.S714 Qulncy 12S-00 Atlantic .... i:i.00. shannon .... 17. .".0 Bingham ... 1X.50 Tamarack .. 110.OO ('al. ; Hecla 8"O.O0 Trinity ..... 22.00 Centennial .. .11.00 lrnited Cop.. B1.O0 Cop. Range. 81.S714IU. S. Mining 54.50 Dalv West.. 1H.50 IO. S. Oil 10.00 Franklin ... Hl.f714 Vtah 62.S7 14 Granny .... l."M 00 Victoria 8.O0 Isle Knvale. . 19.00 I Winona R1214 Mass. Mining 6.07 IWolverlne .. IflO.OO Michigan ... 14.50 (North Butte. RB..-.0 Mohawk ... SHOO Butte Coal.. 26.7"i Mont. C. & C 2.7.1 INevada .... 14.8714 O. Dominion- 54.75 iCal. & Ariz. . 173.00 Metal Markets. NEW YORK, April 30. The recent im provement in the London market for tin was continued, according to today's cables, with prices 1 higher at 195 for spot and 105 5s for futures. Locally the market was firm with spot quoted at 42.0214 042.95c Copper was also higher in London wltn spot quoted at il04 10s and futures at 102 10s. The Improvement abroad seemed to be accompanied by a withdrawal of outside of ferings and prices in the local market are being gradually advanced to nearer the views of the producers who have claimed that the market waa being unnecessarily depressed. Lake Is quoted at 24.75 25.50c: electrolytic, 24924. 75c; casting. 22.75 23.50c. Lead was unchanged at 66.10c In the local market) but advanced to 20 2s 6d in London. Spelter advanced to 2ft in London, and was a shade lower at 6.506.ti0c locally. QUOTATIONS AT SAN FRANCISCO. Price Paid for Products In th Bar City Markets. PAN FRA NTISCO, April 30. The follow ing prices were quoted la the produce mar ket yesterday: FRUIT Apple, choice. f2: common. SI: bananas, $l(fi2.50; Mexican limes, S&gS; Call fornia lemons, choice, $5; common, $1.60; oranges, navel, $1&3.50; pineapples, S-5. V1JGETABL.ES Cucumbers, Sl.26Jpl.7o; gar lic; 8Vs&4c; green peas, 3ji4c; as-paraguat &jf 11c: tomatoes, 4(g6c. IXXiS Store, ltf18c; fancy ranch, 20c. POTATOES Early Rose. SI-6001.715; iweete, S44-50; Oregon Burbanks S22 30; Oregon seed Burbanks, $1.65($1 75; Eastern, SI. 709 1.90; garnet Chile, J1.50; Kiver While. S1.S5W2; new, ONIONS Oregon, S2-50S3; Australian, $4-25 4.6t. - BUTTER Fancy creamery, 22c; cream ery seconds, 21c; fancy dairy, 21 jc; dairy seconds, nominal; pickled. 19c WOOL Fall. Humboldt and Mendocino, IS 14c; Nevada. 15$16c; south Plain and San Joaquin 6g8c; lambs, 7$jlOc . " HOPS California, 710Hc CHEESE Young America, ISllSc; Eastern. 17 c HAY Wheat, S1825; wfcesft and oats, S14& IS; alfalfa, Sb 12.50; stock, 8 10; straw, ti5ii5c. MILLSTUFFS Bran. S21.5022.50; mid- dilngs. 27(fii30. POULTRY Turkeys, gobblers, nominal: tur keys, ens, nominal; roosters, old, $44.50; young, $7.90ij'9; broilers, small, $2,500 4.50; broilers, large, $5&6; fryers, $ti-50id 7-50; hens. 5 50&9; ducks, old, Si((tf; ducks, young, 5r&8. FLOUR California family extras, 6.30; bakers extras. $4.6064.80; Oregon aad Washington, $3.764. M. R ECEIPX6 Flour. 540 quarter socks; wheat. 56 centals; barley, 46ti3 centals; oats. 4JV0 centals; beans. 453 packs; corn. 980 cen tals; potatoes, 615 saoks; middlings. 250 sacks, hay. 115 tons; wool, 93 bales; hide. PORTLAND LIVESTOCK SlvVRKET. Prirea Current Locally on Cattle, Sheep and Hogs. r The following prices were quoted in the local market yesterday; TATTLE Best steers, $55.25; medium. $4-50 & 4.75; cows. $4$x 4.25; fair to medium cows. $3-503.75; bulls. $1.50&2; calves, $4.505. SHEEP Best, $ti.256.50. HOGS Best, $77.25; lightweights, $7 7-25; stockers and feeders. S0.75 1&7.25. Eastern Livestock Prices. CHICAGO. April 30. Cattle Receipts, 80.000; steady. Beeves, f 3.25 -pt 4.50; good to prime steers, $3.506.50; poor to medium, $4.25 3-25; stockers and feeders, $2.25&4.15; cows and heifers, $2.tf05.25; calves, $3.50 5.75. Hogs Receipts today, 10.000; 5c higher. Mixed, $rt.40$x6.62 ; heavy. $6.2506.87; good to choice heavy. $6.45$ 6.57 h I rough, $6.256.35: pigs. $6.456.55. Sheep Receipts, 14.000; steady. Lambs. $6.50fcS.5; natives, $4.90feti.90; Western feheep, $4.50 6.90; yearlings, $77.70; West ern lambs, $ti.50$8.75. SOUTH OMAHA. April 30. Cattle Re ceipts, 7000; market. 510c lower. Xatlve steers, $4.255.60; cows and heifers. $3 6.U: Western steers, $35.10; stockers and feeders, $3i&5; calves, $36; bulls, stags, etc.. $34.50. Hogs Receipts. 1400; market, C10c low er. Heavy, $6.206.30; mixed, $6.25&30; light. $6.306.40; pigs, $5.50 6.25. Sheep Receipts, 7000; market, steady. Yearlings. $ti.50j)7.75; wethers. $6.25 7; ewes, $5.50 6.50; lambs, $7.508.60. KANSAS CITT. April SO. Cattle Re ceipts. 10.000; market, steady. Hogs Receipts. 16,000; market, steady to strong. Heavy. $6.306.37H; packers, S6.33 6.45; light. S6.35&6.47H; pigs, $55.60. Sheep Receipts, feOOO; market, steady. Muttons, $5.25&6.50; lambs. $7S-50; range wethers. $5.50fi7; fed ewes. 56.50. Damascus creamery butterfat, t, o. b. Porllttnd. 25c L IS LOWED Ail the Inferior Grades Show Declines. SCOUREDS ARE UNCHANGED Cross-Breeds in Large Snpply and in Active Demand Boston Wool " Market Is Dnll Arizonaa Sell Very Well. IONDOK, April SO. A large number of buyers attended the opening of the third series of woo! auction sales today. The of ferings nnm!e-ed 15,376 bales. All lower grade, were Irregular and 5 to ?4 per cent lower. Cape of Good Hope and Natal greasy was unchanged to 5 per cent below the last sale. Scoured showed no change. Crossbreds were in large supply and Americans bought several lots of mediums. Punta Arenas and Falkland Islands were In active demand. Home traders were the chief buyers. New Ariiona Clip Sells Well. BOSTON, April 30. The wool market Is 'dull and steady to firm. It is believed that much of the Immediate future in Boston depends upon developments in London. Of importance in this country is the first move ment of new Ariiona Territory wools at sat isfactory prices. In pulled wools, the feature is the increased interest in the low grades. Foreign wools are firm. Quotations: California, scoured basis. Northern choice, 7ig,08c; Northern, 663P 147c; middle county, 05 8 08c: Southern, 62 03c; Fall free 57 58c. Oregon, scoured basis Eastern No. 2 sta ple, 72&73c; Eastern No. 1 clothing, 6S 70c; Valley No. 1, 6062c. Territory staple, scoured basis, fine, 72 7.lc; fine medium. 68'70c; medium, ."6Gc; ordinary scoured basis, fine, 6S70c; fine medium, 6ti!&6Sc; medium, 6264c. Colorado and New Mexico, Spring, scoured basis, X, 6870c; No. 1. 83C5c Pulled wool, scoured basis, extra, 70i73c; fine, 02&63c; A supers, 535Sc; B supers, 45 50c. Wool at St. louls. ST. LOUIS. April 30. Wool Steady. Ter ritory and Western mediums, 2220c; fine medium, 18B21c; fine, 141c. SELLING UNION PACIFIC MARKET MANIPULATED TO DIS POSE OP HOLDINGS. Little Response Is Shown to More Favorable Crop News Money Still Relaxes. NEW YORK, April 30. More business was done during the first hour of trading today In the stock market than In the same time for many days past. Some of the features of the movement had commenced to arotfse distrust by that time and there was a re lapse into dullness and uncertain fluctua- tlons. ' Many stocks were active during the first hour thaj have been unresponsive 10 tne re cent attempts to revive speculative interest and the whole market took on an appear ance of breadth and volume that has been lacking recently. This served as an answer to criticisms of yestedlay's dealings that they were practically confined to Union Pa cific. But the fact became evident in a short time that this diversion of speculative act ivity was being taken advantage of to mar ket holdings of Union Pacific. This It was that checked the upward movement which Induced the subsequent reaction, thus serv ing to reaffirm the dominance of Union Pa cific In the present market. The heavy tone of United States Steel was a drag upon the market also. There was no expectation of an increase in the dividend, but all interest centered upon the showing of unfilled orders on hand on March 31. That these should exceed the record figures reported on December 31 was scarcely hoped owing to the seasonable drawbacks of the Spring quarter in the trade. But speculators feared that the showing of a decrease, how ever explained, might be depended upon to point an argument that trade reaction was indicated. The London market was dull on the eve of tomorrow's May-day holiday and contributed nothing to the activity of this market. Stocks were but little responsive to the good showing of tho Weather Bureau's weekly bulletin upon the crops and to the moderate damage Indicated by the Kansas state agricultural report for April. A plen tiful vain fnr nrpscnt npfda in the I!ttcr ( MiuHftitlrinl and Lower Missouri Valleys. was the report by the Government bureau. Coupled with news of additional rains since and promise of more and the decided heavi ness In the wheat market itself, the factors in the crop outlook were generally toward reassurance. The leadership of Western rail road stocks In such strength as the market showed was a reflection of the crop news. An incident of the day was the sale of a Stock Exchange seat at an advance over the price of the preceding sale. A sustained demand for the seats in periods of dullness In stocks is looked upon as a sign of confi dence in early future revival of business. Much attention was paid, however, to re ports In circulation of the Intended disso lution of certain stock market connections, as an evidence of a decline In speculative Interest in quarters hitherto most absorbed In that pursuit. Whether prompted by un pleasant experiences of the recent past or by Judgment of future probabilities, the effect of the example was not stimulating to the market. The rates for money for short periods continued to rlax. but money brokers re ported some stiffening of rates for longer periods. Some effect on future railroad earn ings Is looked tor from advances in freight rates which went into effect in various quarters today. Bonds were Irregular. Total sales, par value. $1,446,000. United States 3s declined 4 per cent on call. Closing Salea. High. Low. Btd. Adams Express 2s Amalgam Copper.. S8.1O0 05 9 95 Am Car & Found. 1,100 37i 37 37 4 do preferred........... ..... ..... 98 Am. Cotton Oil ..... ..... 3o4 do preferred ..... 82 A merlcan Express 20 . Am Hd & Leat pf ..y..-.. . &2 American Ice ..... ..... 74t4 Am Linseed Oil - 12 do preferred ..... 21 Am Locomotive... 700 63 63'4 do preferred 16 Am Smelt & Refln 42.700 135 133 134 14 do preferred : Am Sugar Rt-fln'g. 200 125 125 125 Am Tobacco pf cer 2(10 92 92 1 92 Anaconda Mining. 5.80 63 62 62 4 Atchison 24.4O0 96 95 do preferred 96 Atlantic Coast L. 4X 104 104 104 Baltimore & Ohio. 2.4o0 100 99 99 do preferred 8 Brook. Rap. Tran.. 4.000 60 59 59 Canadian Pacific. 1.700 177 17C 177 Central of N. J 1R5 Central Leather 29 do preferred 96 Chesapeake & O... 1.900 42 42 42 Chicago Gt. West.. 1.400 11 11 11 Chi. & Northwest.. 300 154 153 153 Chi. Mil. & St. P 35.4O0 138 137 137 Chi. Term & Trans 6 do preferred "nO 14 14 15 C, C. C, & St. L 700 73 72 T2 Colo Fuel & Iron.. 1.4(H) 36y 35 35 Colo. & Southern.. 1.8tK 25 25 25 do 1st preferred. 59 do 2.1 preferred 2i0 47 47 47 Consolidated Gas.. 2iH) 134 132 132 Corn Products 2iH 193 193 193 do preferred..... 77 De!a & Hudson 1,100 190 l&S 188 Deia, Lack A Wst 472 Den ft Rio Grande 100 29 29 28 do preferred...., ..... 74 Distillers Securlt.. 100 70 70 70 Erie 1.7O0 24 24 24 do 1st preferred.. 400 56 55 55 do 2d preferred.. 38 General Electric... 3n0 149 149 148 Great Northern, pf 15.lon 138 137 137 1 1 linola Central .... in 1 47 347 145 Int. Me 3M 25 25 25 do preferred m - 6 '6n Internal Paper 14 14 34 do preferred 2v0 74 74 J4 WDQ International Pump ...... . . ..... 28 do preferred..... ...... ..... ..... 7S Iowa Central 5o0 18 18 1H do preferred..... ...... ..... , . 36 Kan City South.. 300 25 25 25 do preferred..... ...... 6.' Louisville & Nash 60O 120 120 120 Mexican Central... loo 22 22 21 Minn St. L 700 60 48 49 M..lSt..P.& S. S. M. 105 do preferred 400 135 135 134 Missouri Pacific... l.S 76 76 75 Mo., Kan. & Tex.. 3.h 37 37 37 do preferred 300 66 60 66 National Lead ... ...... ..... 66 Mex Nat. R. R. pf 53 New York Central 1.2O0 119 118 118 N. Y.. Ont. & West 400 38 38 38 Norfolk & West... 6,2o0 78 74 77 do preferred 8 North American... 200 74 74 74 Northern Pacific... 24,600 137 135 136 Pacific Mail 26 Pennsylvania 32.3O0 128 126 127 People's Gas ' Iu0 92 82 92 Pitts. C. C. & St. L 7o Pressed Steel Car. 300 36 36 36 do preferred 2O0 93 83 83 Pullman Palace 166 Reading 173,900 114 112 112 do 1st preferred 83 do 2d preferred . ..... 81 Republic Steel .... 300 29 29 29 do preferred ; 85 Rock Island Co.... 2.000 22 21 22 do preferred ..... 48 Rubber Goods pfd. ..... ..... 95 St. L. & 6. F. 2 pf . 56 Sloss 100 55 5 67 Southern Pacific... 273,000 &6 85 85 do preferred 100 117 117 116 Southern Railway. 8w) 22 22 22 do preferred 600 67 67 67 Tenn. Coal & Iron a 146 Texas & Pacific... 700 29 29 29 To!., St. L. & West 2m) 30 30 29 do preferred 310 53 53 53 Union Pacific 219,3oO 14h 147 147 do preferred 20O ,8 SH 88 Ir. S. Express 300 103 lOO 100 U. S. Realty 71 U. S. Rubber 42 do nreferred.. ..... lOl U. S. Steel 88.3A0 38 37 37 do preferred 4,199 102 101 loi Va.-Caro. Chem 27 do preferred..... l3 Wabash 100 14 14 14 do preferred 40n 26 25 25 Weils- Fargo Exp.. 200 144 144 230 Westinghouse Elec 144 Western Union ..... 82 Wheeling & L. Erie 12 Wisconsin Central ..... 17 do preferred 40 Total sales for the day, 777,700 share. f BONDS. NEW YORK, April 30. Closing quotations: U. S. rcf- 2s reg.104 D. & R. G. 4s 03 do coupon 104 N. Y C. G. 3s 4 U. S. 3s res; 102(North. Pac. 3s... 72 do coupon. ... 103 4 North. Pac. 4s...l2 V. S. new 4s reg.l29South. Poc. 4s... 90 do coupon 130 Union Pac. 4s. ..102.. U. S. old 4s reg.l01!WIs Cen. 4s 87 do coupon. ... 101 Jap 6s 2d ser... "8 Atchison adj. 4s 92; Jap. 4s ctfs... 91 Money, Exchange, Etc. NEW YORK, April 30. Money on call easy, 23 per cent; ruling rate. 2; clos ing bid and offered, 2 per cent. Time loans, irregular. Sixty-day bills, 3; 90-day bills. 3; six months, 4. Prime mercantile paper, 5 6 per cent. Sterling exchange easy, with actual business In bankers bills at $4.86104.8615 for demand and at $4.83 ra 4.830. for 60-day bills, posted rates, $4.84 and $4.87. Bar silver 66c. Mexican dollars, 50 c. Government bonds, easy; railroad bonds. Irregular. LONDON. April 30. Bar silver, Bteady, 30 7-16d per ounce. Money. 2('2 per cent. The rate of discount in the open market for short bills is 8 per cent; do three months' bills Is 3 per cent. SAN FRANCISCO, April 30. Silver bars, 66c. Mexican dollars, 51c. Drafts Sight, par; do telegraph, 5s. Daily Treasury Statement. WASHINGTON, April SO. Today's state ment of the treasury balances in the general fund shows: Available cash balances.. ..... .$249,969,939 Gold coin and bullion 103,951.316 Gold certificates 42,191,730 DAILY CITY STATISTICS Births. GRABER Born to the wife of George C Graber, April 28, at 859 Grand avenue north, a daughter. GETTER Born to the wife of Cleve Get ter, April 22, at 394 Siskiyou street, a daughter. Marriage Licenses. CHURCHMAN-PAUGHERTY W. R. Churchman, 28, city; Edna May Daugherty, 21. city. HANSON-HOLLIDAY Milton R. Hanson, 22. city; Eva G. Holliday. 18, city. NYDELL-SODERSTROM Carl R. Nydell, 27. Spokane. Washington; Hilda M. fcjoder strom, 30. city. MILES-BAKER F. T- Miles, 24, city; E. Roby Baker, 23, city. Z1EGLER-ANTON John Zlegler, ' 36, City; Augusta Anton. 31. city. CALOURI-BLASER Theodore P. Calou rl, 24, city; Marte L. Blaser, 19, city. SEGAR-O'NEIL Lawrence R. Segar, 21, Cascade, Wash.; Winnie O'Neil, 18, city. CHRISTAINSEN-'GOSSETT Alfred Chris tainsen, 21, city; Elsie M. Gosuett, 17, city. (Consent of girl's mother, Mrs. Louna Gos sett to marriage.) Deathrt. ODELL At 33S Portland boulevard. April 28. Velma Odell, aged 12 years 10 months 24 days. LAMBERT At St. Vimenfs Hospital, April 30. Frank Lambert, at ed 21 years. LICKETL At 35 North Eishteenth street, April 30, Fannie Llckel. ag'rj 44 years. BERG At St. Vincent's Sanitarium, April 29. Peter C. Berg, aged 31 y-arf. HAFFEY At St. Vincent's Sanitarium, April 30, Walter Charles itaffey, aged 12 years. RUBENOR At the count? hospital, April 27, Herman Rubenor. aged 55 years. . KENHNEL At Good San aritan Hospital, April 25, Anna E. E. Kenhnel, aged 16 years 8 months 23 days. PEASE At 542 Leo avenue, April 26, Cal vin Pease, aged 79 years 1 month 2 days. Building Fermi I. ORA BROWN One-story frame dwelling, lot 8. block 18. Kenllworth Addition, East Thirtieth street corner Cora street; $1200. . W. J. SMITH One-story frame dwelling, lot 11. block 8, Sellwood Addition, Lexing ton street between East Thirteenth and East .Fifteenth streets; $1800. C. L. WHEELER One and one-half story dwelling, lot 6, block 2, Montavilla Addition, Spencer street between Base Line road and Love t a street; $300. ADA M. HAMMOND One-story frame dwelling, Sellwood Addition, Umatilla street between East Twenty-first and East Twenty-second streets; $150. CHARLES COURTNEY One-story frame dwelling, lots 7 and 8, block 3, Abend's Ad dition. Commercial street between Stanton and Morris streets; $1250. J. E. W ESTERVE LT Altering two-story frame dwelling, lot 14, block 10. Sunnyside Addition. East Main and East Thirty-ninth streets; $35. J. HEALEY Two-story frame feed stable, lot 5, block 86. Couch Addition, Twelfth street between GMsan and Flanders; $350. HENRY PRATT One and one-half story frame dwelling, Sellwood Addition. Mult no. mah" street between East Eleventh and East Thirteenth streets; $1500. WALTER M'KAY Altering two-story frame dwelling, lots 7 and 8, block 3, John son Addition, Park avenue and St. Clair street; $500. GEORGE ALBERT One-story frame dwelling. lot 10, block 13, Lincoln Park Ad dition, East Fourteenth street between Fre mont and Beech streets; $400. MRS. G. S. HARRIS One-story frame dwelling, lot 6, block 62, Vernon Addition, East Eighteenth street corner Prescott street; $100. M RS. M. A. NOL A N Two-story frame dwelling, lot 15, block 1. Willamette Addi tion, Vancouver street between Alberta and Wygnnt streets; $3000. PETER - SCHRANZ One and one-half story fra medwelling, lot 7, block 1, Cook's Addition. Mississippi street between Cook and Fremont streets-; $1955. J. W. DIGGELS One and one-half story frame paint shed, lot 28. block 6, Alblna Addition. Russell street between Union and Grand avenues; $250. E. R. CORAY One-story frame dwelling, lot 10, block 1, Woodiawn Addition. Rock well street between Farrell and Manxanita streets; $1000. F. W. REILS Two-story frame dwelling, lots 7 and 8, block 2. Albina Addition, Skid more street corner HaJght; $1600. New Incorporations. Charnlg & Andressen, Inc., jewelry busi ness; Portland; capital stock, $33,000. Incor porators: Alexander Charnlg, William An dressen and Charles H. Gilbert. Mountain Treasure Mining Company, Portland; capital stock. $250,000. Incorpo rators: A. C Hoofer, E. House and D. F. Tozler. Portland Railway, Light & Power Com pany. Portland. Statement filed with articles of corporation, designating 1 1 members of the board of dfrectors; C. M. Clark. H. L. Clark. Ogden Mills, Frederick V. llolman, Alfred C. Bedford. Frederick Strau.s. Louis Sangen, C. H. Hlggins. Frederick G. Sykes, Samuel G. Reed and F. I. Fuller DROUTH IS B And Wheat Prices Again Give 1 Way in Chicago Pit. SELLING ON LARGE SCALE Market Also Depressed by Lower Ca blesIncrease in the World Vis ible Supply Crop Report of Kansas State. CHICAGO, April 30. The wheat market was subjected to heavy selling during the greater part of the day, sentiment being ex tremely bearish until late in the day when a little steadier feeling prevailed. There was quite general unloading of long wheat both by local and outside holders while commission houses and pit traders also old freely. The selling was the result chiefly of the complete break up Of the pro longed drouth in the Southwest. Other fac tors which helped depress prices were low er cables, fresh reports of damage by green bugs and an Increase of 500,000 bushels in the world's visible supplies. The Kansas re port at first was generally construed as bullish, but was later taken up by the bears as another means of forcing prices to a lower level. This report gave 84 as the con dition of Winter wheat, against 99 as made by the Government experts. July wheat opened unchanged to c lower at 82c to 824c. sold oft to 81c and closed at 8IV1 &8lc. Corn was weak on active selling. Oats closed firm. Provisions closed weak. Leading futures ranged as follows: WHEAT. Open. H tgh. Low. Close. May $ .70 $ .7:1 $ -7h $ .78 July HH .924 .81 .81' September ... .Kt .84 .S.IVs December .... 85 .85 .84 .84 CORN. May 60i '.604 .49 .494 July 50 Oo .401, .49 September ... .50 &0 .49 1 .49 '-j OATS. May .44 .44 .444 .4514 July 42 .424 .41 .41 Sep tember ... .35 . 35 .35 . 35 MESS PORK. ' May .15.45 15.52',4 35.4214 15.50 July 15.75 15.80 15.724 15.80 LARD. May 8.55 8.574 8.55 8.57 Vj July 8.77 8.774 8.70 8.72!4 J SHORT RIBS. May .... 8 50 8.5214 8.50 8.50 July 8.K7'4 8.7o h.'j.j September 8.7714 8-70 8.77V4 8-7i-j Cash quotations were as follows: F lou r Steady. Wheat No. 2 Spring. 62t&85c: No. 3. 75 84c; No. 2 red, 78 -7040. Corn No. 2, 49c; No. 2 yellow, 00c. Oats No. 2, 45Vjc; No. 2 white, 44(.454e; No. 3 white, 41143. Rye No. 2, 8Jc. Barley Fair to choice ir.aUing. t9f&73c. Flaxseed No. 1, $1-14; No. 1 Northwestern, $1.21. Timothy seed Prime, $4.30. Clover Contract grades, $15.25. Short ribs Sides (loose), $8.25tfR.50. Mess pork Per barrel, $15.50$15.72i4 I yard Per 100 lbs., $8.57. Sides Short clear (boxed). $8.62$r8.87. Whisky 'Basts of high wines, $1.29. Receipts. Shipments. Flour. -barrels 33.40 21,i0 Wheat, bushels 65.2O0 17R.200 Corn, bushels 2:w,4'0 185.100 Oata, bushels 459.04)0 23b, 500 Rye. bushels 71.00 Itarley, bushels 74.7UO 2,000 Changes In Available Supplies. NEW YORK, April 30. Special cable and telegraphic communications received by Brad streets how the following changes in avail able supplies as compared with previous ac count: Bushels. Wheat. T'nitedi States, east of Rockies, decreae 149.OO0 Canada, increas-ed 850,000 Total United States and Canada, in creased 710.000 Afloat for and in Kurope. decreased. . loO.OOO Total American and European supplies, increa-sed 610.000 Corn, United States and Canada, de creased 1,640,000 Oats, United States and Canada, de creased S&OOO Grain at San FranciHco. SAN FRANCISCO, April 30. Wheat Strong. Barley Steady. Sr-ot quotations:. Wheat Shipping, $1.3031.40; milling, $1.45 (&1.65. Barley Feed. $1.2051.22; brewing, $1.22 1.25. Oats Red, $1.451.75; white, $1.60M.8O; black. $1.S5S2.25. Call board eales: Barley May, $1.20; December. $1.22, Corn Large yellow, $1.37'&1.42. Grain and Prod nee at New York. NEW YORK, April 30. Flour receipt. 51. 100 barrels. Exports, 425. Dull, but steady. Wheat Receipt. 45,000 bushels. Exports, 16.40 bushels. Spot, easy; No. 2 red, 87c elevator and 88"?4 f. o. b. afloat; No. 1 North ern Duluth, .85c; opening navigation, f. o. b. afloat; No. 2 hard Winter opening navi gation, do; May, 88c; July, 89c; Septem ber. 0c. Hops Quiet. Minneapolis Wheat Market. MINNEAPOLIS, April 30. Wheat May. Sic; July, 83c; No. 1 "hard, 85&C; No. 1 Northern, S4c; No. 2 Northern, 82c; No. 3 Northern, 79S81c. Wheat at Tacoma. TACOMA, Wash.. April 30. Wheat Un changed; bluestem. 80c; club, 78c; red, 75c. Coffee and Sugar. NEW YORK, April 30. Coffee futures closed quiet, net unchanged to 10 points higher. Sales were reported of 21,000 bags, Including May at 5.45fS5.5Pc: July 5.40.45; August. 5.40; Sep tember. 5.35&5.40c, and March. 5.40c. No. 7. Rio. 8c No. 4 Santos, 7c; mild coffee, dull; Cordova, IKi 12-4c. Sugar Raw, firm; fair refining 3.20c; cen trifugal, 90 test, 3.76c; molasses sugar, 3.01c; refined, quiet. Dried Fruit at New York. KEY YORK, April 30. Evaporated ap ples not active but prices firmly held. Fancy. 68c; choice: 7fc74c; prime, 64&6c; poor to fair, 5-Sc. Prunes Prices well held. California, 3 12c; Oregon, 510c. Apricots, peaches and raisins, unchanged. Dairy Produce In the East. CHICAGO, April 30. On the Produce Ex change today the butter market was steady. Creameries, 1 7 f& 25c ; dairies. 18 5-23c. Eggs, firm; at mark, cases included, 15c; firms) 15c; prime firsta, lttc. Cheese Steady,. 14 (& 15c. A WORD FROM E. T. HATCH Member of Labor Union Pays Re spects to Editor Labor Press. PORTLAND, April 30. (To the Editor.) I read in this morning's Oregonian a state ment that P. McDonald, editor of the Labor Press and secretary of the Frelghthandiers' Union had refused an offer of $5000 to use his influence against John B. Coffey for Mayor, and intimating that certain members of the Freighthandlers Union were turn coats, and had received money, mentioning my name in this connection. I have been out of the city for a week, during which time I saw none of the pa pers nor heard any of the particulars leading up. to this controversy. But I judge from this morning's paper that McDonald has been publishing the proceedings of a meeting he was In honor bound to keep secret; and. Incidentally introducing a few cheap fabri cations. In this he is resorting to the low est and cheapest trick in politics. The man who states be has been offered a Breaking Ground For Independent New 'Phone Co. Opens Trenches Along Harney Street for Con duit From Central Building. Closely following; the announcement of the purchase of its sites for the new cen tral telephone exchange and the north rside branch exchange, the Independent Telephone Co. has begun active construc tion work for the Installation of the new automatic telephone plant. A large force of men went to work Wednesday opening: up Harney street from Nineteenth east for the ditch in which to lay the initial line of conduits leading from the central building int the business district. The trench is be ing opened on the north side of the street near the sidewalk. A novel feature connected with the con struction work is the marking1 of the open trench with a row of red pennants, each bearing- in white letters the words "Independent Telephone Co.' It Is not only a clever advertisement calling atten tion to the progress of work In building the new plant, but It also suffices to in form curious spectators aoid save the asking and answering of Innumerable questions. World-Herald. Omaha, Neb. tOUIS HOME BONDS 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. SOUND, SAFE, PROGRESSIVE The United States National Bank, ever since it was established, baa been held in the highest confidence by Its numerous depositors. The peo ple of Portland and vicinity recognize that It Is sound, safe and wise ly managed a Depositary of Absolute Security for your money. YOUR ACCOUNT IS INVITED Capital, $500,000. Surplus and Profits, $350,000. .Total Resources Over $8,500,000 Third and Oak Streets, bribe places himself on a level little above the bribe-giver, eople who know McDonald do not Imagine he would resent the offer of a bribe, with any great indignation. I did state in our union that I had some suspicions of Mr. Coffy; that I feared his intimacy with W. E. Burke. (My dislike for Mr. Burke dates from his part In the most Bhamefut outrage in Oregon politics, the defeat of Senator J. N. Dolph.) When McDonald says I. at the meeting in March, apoke disparagingly of Mr. Devlin he Bays what is absolutely untrue. He ap pears to be one of those who, having no principles or moral integrity, can not con ceive any man acting independently a,nd honestly. Realizing that he is losing in in fluence among workingmen, he seeks to re gain it by pretending to detect fraud when none exists. Does he imagine that people with an intelligent, honest purpose do not note the fact that while he professes to support a candidate for Mayor solely be cause he is supposed to he opposed to corporation:-, he is continually against the man who has done more than any other force in the world to curb the power of corpora tions? I believe In the workingman. His Inter ests are mine. I believe with the president, the New York Independent, Colonel Van Cleve of the Manufacturers Association, W. J. Bryan and The Oregonlan, that the rec ognition of labor unions will be beneficial to society, but If ever we, as laboringmen. are to command our own self respect and that of the general public, it will be after we come out from under the influence and control of such men a the "editor of the Labor Press. I do not know Mr. Devlin personally. No one ever spoke to me in his interest. I have nothing to gain or lose by the election or defeat of any candidate, but r am a na tive of Oregon, and hope to see the city of T'ortland the greatest, . cleanest and most beautiful In the land. E. T. HATCH. Patrol Wagon on Wild Goose Chase. In response to a telephone call an nouncing that a man had taken a dose of laudanum with suicidal intent at 626 Jefferson street, at 30 o'clock last nisht. Patrolmen Humphreys and Graves were sent to the address with the patrol wagon. On their arrival the man had made his escape, or had been spirited away by friends, for not a trace of him was to be found. Inquiry among the oc cupants of the flat elicited the informa tion that the patient for whom the call was sent. John Johnson, a barber, had had trouble with his family and had left a note in which he bade all goodby, evi dently intending to commit suicide. After searching the premises and the adjacent yards and hills, and also endeavoring to locate the. man's family, the officers gave up and returned to the station. BUSINESS ITEMS. If Baby la Cutting Teeth fie nr and use that old and well-tried rem edy, Mrs. Winalow's Soothing Syrup, for chil dren teething. It soothes the child, softens the gums, allays all pain, cures wind coUs and diarrhoea. VICTOR MANGANESE STEEL BANK SAFE GLASS4.PRUDHOMMECO., AttTS. PORTLAND. OREGON TKAVELSBS' CUIDB, CANADIAN PACIFIC "EMPRESS" Line of the Atlantic Nothing better afloat than our new ox press steamers. Empress of Britain and Empress of Ireland (14.500 tons). Quebec to Liverpool In six days; less than tour days at sea. Superior accommodation available. Comfort, elegance and safety. Bend for Illus trated booklet and mailing- list. ST. B. Jolmon. Pass. Ajrt. 142 Third Street, ortiand Orosroou J. WILDE PORTLAND, OR. Portland, Oregon TRAVELERS' GUIDE. Ala-ska m 7 FYriTBvlnTuv S TBIP JJSjS S. S. Spokane. Juna 14, 25; July 12, 26; Aug. 9. Queen, July 16. XOMB KOl'TE. S. S. Senator June 1 S. S. President June i S. E. ALASKA ROUTK. Skagway, Sitka, Juneau and way ports. Sailing 9 P. M. H. S. S. Co.'s Humboldt May 2, 12, 23 Cottage City, via Sitka May 6, 19, 31 City of Seattle May 8, 18, 28 SAIV FRANCISCO ROUTK. Sailing 9 A. M. From Seattlo. City of Puebla May 6, 20 Senator ..May 10, 25 Umatilla May IB, 3(1 City Office, 240 AVanhlngton St. EUROPE SIXTY TOURS 150 AND UP. SOTTTH AMERICA. Special Tour July .1. ROUND THE WOKLl). Five limited parties. Travelers' f'hecks Good Ail Over the World. Individual Travel Ticketa Everywhere. THOS. COOK & SON 245 Broadway, New York. Ho ! For Astoria Fast Str. Telegraph i Leaves daily (except Thursdays), 7 A. M. Landing Alder-street dock. Phone Main 565. San Francisco & Portland S. S. Co. Operating only direct Passenger Steamers. From Ainsworth Dock, Portland, 9 A. M. : B. H. "f'OSTA RICA" May 1, 11, 21, ete. S. S. "COLUMBIA" May 6. It). 26, etc From Spear St., San Francisco, 11 A. M.: li. COLUMBIA" May 1, 11, 21, etc "S. S. COSTA RICA" May 6. 18. 26, etc , JAS. H. DtWSOX, Agent, , Phone Main 268. 248 Washington 3t. WILLAMETTE RIVER ROUTE for t-urvaills, Albany, Independency Sa cm Steamer "POMONA" leaves Q:4 A, la ft uesd ay , T h ursday and Saturday. For Salem and way landings Steamer "OKEGONA" leaves ft:4& A. Mondays Wdeiaays and Fridays. iMhAUOA C1X X 'XKAJtbPOBTAIIOM CO, Foot Taylor itrssU Columbia River Scenery libU C LAXUH iO A. tTKA t.til. Dally service between Portland and The Dailea, except Sunday, leaving Portland at 7 A. M.. arriving about S P -M, carrying freight and paauengera. Spiendld tcogaao da t ions for outfits and livestock. Pock toot of Alder L, Portland; foot of, Court st., Tfas Dallea. Phone Malm 01s Portland. 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 Washington-street Dock. Dally, except Sunday, for The Dallas an 4 way landings, at ? A. M., returning 10 F M. Fast time, best service. yUoneii Alain. limy l, U j