17
IS GOING UP
sack: carrots, $.',c per sack; beets, $1.00 per
sack; garlic. lOc per pound.
DRIED FRUITS Apples. 10c per pound;
peaches. Ul2Vsc; prunes, Italian. Bj6e;
prunes, French, 3 5c; currants, unwashed,
cases. 8 "4 c; currants, washed, cases. 10c;
Ggs. white, fancy. 50-pound boxes, 6fcc.
LIMIT OF AHVAHGE
THE MORXING OTJEGOXIAN, THURSDAY, MARCH 26, 1908.
SUGAR
Markets in America and Eu
rope Excited.
ANOTHER RISE IN THE EAST
Advance of at Least 30 Cents on the
oast Xear at Hand Shortage
of Beet in Europe and
Cane in Cuba.
Ths vugar market! of ths world are ex
cited. A hort crop of beet sugar In Europe
and a deficiency in the cane crop of Cuba
are sanding- up the price of raw sugar almost
daily, and quotations on the refined product
are keeping up well In the race. Raw sugars
In the East are about 80 points higher than
they were a year ago, and the refined Is 60
points higher and marching on.
All grade of refined sugar advanced 10
cents a hundred at New York yesterday and
private wires reported the market strong
with an upward tendency, while raws were
, extremely firm.
Sugar buyers In the local market need not
be surprised to eee a material advance In
prices here. The 30-cent Jump of last
Monday may be only a forerunner, and there
Is little doubt the retailers will discount
their wants by purchasing sugar far ahead
Into the fruit season. A clou observer of the
course of the sugar market predicts that
an advance of at least 30 cents a hundred Is
near at hand.
The latest weekly circular of a leading
Eastern broker says of sugar:
The advance in refined has been delayed
as long as possible until the demand made
the advanced quotation! absolutely neces
sary, on account ol the continued rise in
the raw sugar market. Just at the close,
however, a general advance of ,20c per
pound was made by all refiners to equalize
somewhat the difference between raws and
refined. Had not our refiners secured some
Um since raw sugar at lower prices from
which to make the refined they have been
delivering to this country, this rise In re
fined would have come earlier in the season.
It is to be hoped that the advance in raws
may be checked for a time at least, at the
preeent level, but It will be well for jobbers
to carry full supplies. We continue to re
ceive many complaints from Cuba of disap
pointing outturns of the sugar crop. Tonnage
of cane per acre Is proving to be less than
estimated by the planters early in the sea
son. In instances as much as 20 to 50 per
rent lens, and the recent drouth has had the
effect of diminUhlng the quantity of juice In
the cane. In view of auch unfavorable results
in tli principal sugar producing sections of
the Island we have reduced our estimate of
the to ml Cuban crop to 1,000,000 tons.
K;i QIOTATIONH WILL NOT MOVE
ArrivulN of Poultry Are larger, but Work
Off Butter Active.
The egg market holds steady at previous
quotations and shows no inclination to move
up or down. Speculators who have been
waiting for a low market on which to store
are uncertain what move to make. A steady
outMde demand takes up most of the sur
plus and what is left Is put away for want
of a better disposition.
Poultry arrivals were rather freer yester
day, hut all were worked off without change
In quotations.
Butter continues scarce, but a larger sup
ply of city and country creamery Is ex
pected after the first of the month.
Ol'TLOOK FOR BERMUDA ONIONS.
Texas and California Crops Mill Move
About the Same Time.
Advices from Kansas city to the Chicago
Packer say of the Bermuda onion outlook:
Considerable Interest is developing in the
approaching trade in Texas and California
Bermuda onions. So far there has been a
rather slow sale for the Bermudas from
Cuba, as old onions have been In fair sup
ply and moving slowly. This week flat bushel
crates of Bermudas from Cuba sold at $i to
$X.W. Reports received here this week In
dicate that the Texas crop will not be ready
to move, at least in large quantities, until
after April 1. There may be a few ship
ment the latter part of this month. Cali
fornia Bermudas from Thermal and Coach
ella had bn expected to1 move a little
earlier than the Texas stock, but letters re
reived here this week said the cool weather
had delayed the maturity somewhat so that
the first cars probably will npt move until
April lu to 15. The California crop Is re
ported large and of good quality. The Texas
crop will probably be a large or possibly
quite a tittle larger than last year.
BANANAS FAIL TO ARRIVE.
Potato Market Is Weaker as Result of
Lighter California Demand.
The four cars of bananas that were due
yesterduy failed to arrive, but are expected
this morning. The only carlot receipts re
ported was one car of mixed vegetables. An
other car of vegetables and two cars of or
anges are scheduled to arrive today. Busi
ness was fair yesterday and no important
price changes were made.
The potato market Is slow and weaker in
response to easier advices from San Fran
cisco, where arrivals have lately been
heavy. The top price quoted la the country
on fancy now Is jO cents.
Whrtt-t and flour Slow.
The wheat and flour market are very
slow. Iast week'e prices on wheat are st 111
quoted, but very little grain Is changing
hands. Local flour is weak and a general
decline In prices la expected.
Bunk Clearings.
Clearings of the Northwestern cities yes
terday were as follows:
Clearings. Balances.
Portland $1. 1M.'':; $ tio.WJ
Seat tie 1 Iavh i s.O.'irt
T a co ma ' .;, ti,". ."i w;i , 112
Spokane Tiil.jca 67.51)7
PORTLAND QUOTATIONS.
Grain, Flour, Feed. Etc
FLOVR Patent. $4.80; straight. $400;
clears, $4; Valley. $44i; graham flour.
$4 4563; whole wheat flour, $4.7305.25;
re flour.
WHEAT Club. 83rS3o; bluestem. 840
85c; Valley, tCfcj S3e; red. SOtf Sic
. H AKL.ET Fead. $J6 per ton; rolled. $28
if per ton.
MlLl.STL'KKS Bran. city. $26; country,
$27 per ton; middlings, $J0; shorts, city,
country, $2-8 por ton; chop, $2025 per
ton
OATS No. 1 white, $27&28 per ton.
CKHEAL FOODS Rolled oats, cream. 90
pnund sacks, per barrel. $7 ; lower grades,
$5 M6 0 50; oatmeal, steel-cut, 45-pound
sacks, $3 per barrel; 0-lb. sacks, $4 25 per
bale; split peas, per HH pounds, $4.254.80;
pearl barley, $4 60 3 per 100 pounds; pastry
fK-tur. 10-pound sacks. $2.75 per bale; flaked
w heat. $2 75 per case.
CORN Whole. $.13.50; cracked. $34 50.
H A V Vatic y timothy. No. I, $17 ton;
Kafctern Oregon timothy. $10 20- clover,
tl4 to 15; cheat, $15; grain hay, $14 0 15:
alfalfa. 12 13.
Vegetables, Fruit. Etc
DOMESTIC FRV ITS Applea. $10 3 30 per
box. according to quality; cranberries, $s
1 1 per harrel.
FRESH VEGETABLES Artichoke. 730
(- per dosen; asparagus. l2wl2St pound;
beans. 2Vc per pound ; caMage. 1)4 $1 c
per pound; cauliflower. $22.25; celery.
$4 50 per crate; t ucumbers, 2.5 per dosen;
eggplant. 2vc per pound: lettuce, head, 3c
per dozen ; hothouse. $l.lOfe. 1.23 per box;
parsley. 2,'rc per dosen; peppers, 2"c per
pound ; radishes. ;?oc per dozen; rhubarb,
$2-".t per crate; spinach. s;. per crate;
vp routs, lOc per pound; squash. Ifflc per
pound; tomatoes. Mexican, crates. $2ff.5o.
TROPICAL FRUITS Lemons. $2 509310
per box: oranges, navels. $2$2.75; grape
fruit, ;i --": banana. 0 n fio ier lb.: crated,
til--; pineapples. $4$S.50 per dosen; tan
gerines. $150 per box.
ONIONS Jobbing price, Oregon. $4 per
hundred
POTATOIW Ruvlnr price. 40Oo per
hundred, delivered Portlaad
HOOT VEGETABLES Turnips, 80 c per
Batter, Eggs Poultry. Etc.
BUTTER City creameries: Extra cream
ery, 30c per pound; state creameries, fancy
creameries, 25 W oc ; store butter, choice.
lt& 17c
. CHEESE Orea-on full cream twins. 15c;
Young America, lUVsc per pound.
POULTRY Average old hens, 1413c;
mixed chickens. 12 & 13c; Spring chickens,
lCfe20c; turkeys, live, 15 017c; dressed,
choice. 1&'&2Uc; geese, live, per pound. 8 9
lUc; ducks. 10 17c; pigeons, 75c$l;
squabs. $1.503.
EGGS Fresh ranch, 1510c per dozen.
VEAL 75 to 123 pounds. fe'lc; 123 to
150 pounds. 7c; 150 to 200 pounds, 5 00.
PORK Block. 75 to 150 pounds. 77c;
packers. 5&6c.
Hops, Wool, Hides, Etc.
HOPS im7, prime and choice, 4&5"C
per pound; olds, lfclc per pound.
WOOL Eastern Ortgon. average best, 11
ltic per pound, according to shrinkage;
Valley. ltftjlSc, according to quality.
MoHAlK Choice, 25c per pound.
CAKCARA BARK ;ic per pound.
HIDES Dry, l'tl21zc; dry calf. No. 1.
under 5 lbs.. 141Hc; culls, 2c per lb. less;
salted hides, 5c; salted calf. Je; green
(unsalted), lc per lb. less; culls, lc per
lb. less; sheep skins, shearlings. No. 1
butchers' stoca, each, 25 Mi 3UC ; short wool.
No. 1 butchers stock, each. 50g60c; me
dium wool. No. 1 butchers' stock, each. 75a
b $100; long wool. No. 1 butchers' stock,
each, $1.25 g 1.50; horse hides, salted, each,
according to size, $2.00&2.dO; dry, accord
ing to size, each, $1.00 a 1.50; colt's hides,
each, 25 &y 50c ; goat skins, common, each,
15 23c; Angoras, with wool on, each. 30c 9
$1.50.
FURS For No. 1 skins: Bear skins, aa
to size, No. 1, each, $5.00 & 10.00 ; cubs,
each, $1 3; badger, prime, each. 25 950c;
cat, wild, with head perfect. 30 50c; house.
& 20c : fox, common gray, large pi I ma,
each, 4050c red. each, $3(g5; cross, each,
$5&15; silver and black, each, $100 9
300; fishers, each, $58; lynx, each, $4,509
6-00; mink, strictly No. 1. each, according
to size, $1 3 ; marten, dark northern, ac
cording to size and color, each, $10(910;
marten, pale, according to size and color,
each, $2. 50 4 ; muskrat. large, each, 12 9
15c; skunk, each, 30 40c: civet or polecat,
each, 1. 1 5c ; otter, for targe, prime skin,
each, $0 4? 10; panther, with head and claws
perfect, each, $23 raccoon, for prime
large, each, 50 75c; wolf, mountain, with
head perfect, each. $3.50 5.00; prairie
(coyote), 00c $1.00; wolverine, each, $S9
BOO.
PORTLAXD LIVESTOCK MARKET.
Prices Quoted Locally on Cattle, Sheep and
Hogs.
A steady tone prevails In the livestock
market and prices on all classes yesterday
were aa reported on the previous day. The
arrivals of the day were 00 hogs, 40 sheep
and 30 cattle.
The following quotations were current in
the local market:
CATTLE Best steers, $4.40S?4.75; me
dium, $3.75 4.25; cows, $3.30 ii 3.75 : fair to
medium cow. 2.753.2o; bulls, $2 & 2.75:
calves. :.7ri$M.50.
SHEEP Good, $5.50gt6; lambs, $5.75
6 30.
HOGS Best, $3.23!g5.30; lights and feed
ers. $5 tg 5.25.
Eastern Livestock Prices.
CHICAGO. March 25. Cattle--Rece'pts
about 17.000. Market strong. Beeves, $4.70
4i 4.75; cow s and heifers. $2,0012 (15 Tex
ans, 9-i.4tiftr4.ttO; calves, $4.00tf4.25; West
erns, 94. 50& 4.35; Blockers and feeders, $3.13
Hogs Receipts about 23,000. Market 10c
higher. Heavy. $ 4.H5 3.23 ; rough, $4.05
505; pigs, $4.10&4.80.
Sheep Receipts about 14.000. Market,
strong. Natives. $4.301 7.00; Westerns. ,4 75
7.00; yearlings. $ti.0O7--5; lambs. $5.S3
7.2U; Western, $tt.50ff 8.15.
KANSAS CITY. March 25. OattI Re
ceipts. GMM). Market strong to 10c higher
Native fteers. $5.2.1 & 7.0O; native cows and
heifers, $3. 30 &; Blockers and feeders, $3 75
S 5.80; bulls. $3.r.0(fi 5.25: calves. $3.50tfrfl
JVestern steers. $4.&0(tfo.25; Western cows.
Hog Receipts. 10.00O; market, 10c high
er Bulk of sales, $4.'39'3.15: heavr, is
5.25; packers and butchers. $4.95 03 10
light. $453.10; pigs. $4.3Uft4 75
Sheep Receipts. ftoOO; market, steady
Muttons. $5.75$ fl. 75; lambs, $tj.73f? 7 90
0.a23e wethers. $0&7.23; fed ewes, $5.50
SOUTH OMAHA. March 25. Cattle Re
ceipts. 4300: market. 10frVSr higher Na
tive steers, $4.75fu 7: native cows and heifera
$3.30(& 0.5: Western steers. $.1.73(83.50;
Texans. $.1 25 ft 4. i .: Texas cows and heifers
$2 75i 4.30; canners. $2.25 ff 3.50: stockers
and feeders $33.25; calves, $3tf; bulls
and stags. $3(5.10.
Hogs Receipts. 24O0: market. 10c higher
?.e2,y-.fi-rr?r: :"lxed' 4.S5r4.90: light.
!fSl?-;!?: P'KS 3-75 4.541; bulk of sales.
$4..S054.05.
Sheep Receipts. )S0O: market, steadv to
10c higher. Yearlings. $ii.50ff 7 wethers
$5(S0.05; ewes, $3.73ftu.40; Iambs. $ti.75gs!
Metal Markets.
NEW YORK. March 25 There was a sub
stantial advance in the London tin market,
with spot closing at fl40 lOs, and futures at
H4. Locally the market was firm and higher
in sympathy, quotations ranging from 32 10
to 32.76c.
Copper was 5 lower In London, with spot
quoted at 00 7e Hd, and futures at 00 15s.
Locally, the market was firm, but no further
change reported, with Lake quoted at 18.00
13.25c; electrolytic at 13.1013.12 and cast
ing at 12.7fl2.87VjC.
Lead was higher at 14 10s In London.
The local market was unchanged at 3.9wg4c.
Spelter was unchanged In both markets,
closing at f21 2s Od in London and at 4.00
4. 70c In the local market.
Iron was higher in the English market, with
standard foundry quoted at 51s 3d and Cleve
land warrants at 52s 6d. Locally, no change
was reported.
Eaetern Mining Stocks,
BOSTON. March 25. Closing quotations:
Adventure . .$12.50
Allouez 25.00
Amalgamated 5'.t.75
Atlantic .... 8.50
Bingham . . . .75
Cal & Hecla. 633.00
Centennial . . 2:
t op Range. .
Paly West...
Franklin
O ran by
Isle Royale. .
Mass Mining.
Michigan . . .
Mohawk
Mont. C. & C.
Old Dominion ST. 30
Osceola 83.00
I Parrot
'Qulncy ..
'Shannon .
Tamarack
Trinity
75
S::.0O
12.25
1 13.00
10.00
8 2.'
a. 00
10.00
20.00
2. .
1 1 00
49.30
.00
United Copper 4.75
I . S. Mlnlnir.. 34.25
S L . S. Oil 10.
"Utah 40.75
Victoria
IWlnona
'Wolverine . . .
! North. Butte.,
IButte coal. ..
Nevada
iCal & Ariz...
Ariz com.
3.00
3.(12 H
12-".. 00
5-Y50
22.50
13.30
1O5.50
IK 50
l.lreene Cananea ft. 00
NEW YORK, March 25 Clofing quotations
Adams Con & Little Chief 65
lAUoe M Ontario 25i
Hreec IO ;pl,lr 200
Rrutuwlck Con. . loi PmosJ .7
Com stock Tunnel. Q Savage 28
Con. Cal. and Va. 30 Sierra Nevada .... 23
Horn Silver 75: Small Hopes 18
Iron Silver 110, Standard 144)
Trled Fruit at New York.
NEW YORK. March 25. The market for
evaporoted apples continues quiet with
fancy at 10 (a I lc; choice. SffHV; prime,
ttt fi7'ic. and common to fair. .V-. J tf ic.
Prunes are dull and unsettled with quo
tations ranging from 4H to 14c for Cali
fornia fruit and from tic to lOc for Oregonf.
Apricots are dull and unchanged with
choice quoted at lS1f20c: extra choice, 10
21 and fancy. 20 fir 24c.
Peaches are more or less nominal in the
absence of business. Choice are quoted at
lofi lOSc; extra choice, 41 jjr llc; fancy,
llf 12c; extra, fancy. 13 14c.
Rat sin are quoted at 3$ t4 c; selected
raisins, 5SfiS!jc; London layers. $1.65
1.T5.
Coffee and Sugar.
NEW YORK. March 25. The market for
coffee futurrs closed steady, net ft points
lower to 5 points higher, tsalee were reported
of 49.500 bags, including March at fi.ttfi
5.70c; April at 3.03c: May 6.053-TOc: June
3.75c; September 5.Mfo.65c: November O.S5c;
December 5.(Kc. Spot coffee quiet; Cordova
10Vc
gugar firm: fair refining 3.80c; centrifugal.
Ort tert. 4.38c; molasses sugar 3.01o; refined
firm; No. 6 ft.OOc; No. 7. 4.03c; No. 8. 4.0Oc;
No. 0. 4.S3c; No. 10. 4.75c; No. 11, 4.7uc; No.
12. 4 A5o; No. 13. 4.60c; No. 14. 4.fwc; confec
tioners' A 5.20c: mold A 3.73c; cut loaf ,20c;
crushed. .!Oc: powdered 6.50c; granulated,
3 .40c; cubes, 6.63c.
Dairy Produce In the East.
CHICAGO. March 2s3. On the produce ex
change today the butter market was steady.
Creameries, itfifcc; dairies. 2nr2ftc.
F.ggs Steady; at mark, cases included.
IS1' ; firsts. He; prime firsts. 15c; extras.
lHc.
Cheese Steady. i2-rl4e.
NEW YORK. March 33, Butter, steady
and uncharged.
Cheese Firm and unchanged.
Egfs Steady and unchanged.
Signs of Coming Reaction in
Stock Market. -
BUYERS CHANGE TACTICS
Ixnv-Prieed Industrials Come to the
Front Effect of President's
Message Discounted Money
Hardens Abroad.
NEW YORK. March 25. Th support of
price., which wai still in evidence today,
showed signs of strain and there was a dis
position towards reaction. This occurred
without any change tn the character of the
news, although there was the Inevitable
change in the way of looking at the news
which always comes to those active In the
stock market when the course of prices is
altered. The action of today's market left
the inference that the Increase In the out
side demand for stocks yesterday, which
was beyond dispute, was taken advantage
of to sell stocks on a la-ge scale by those
who had accumulated holdings at previous
lower lei els Prices touched at the extreme
of the advance yesterday were the highest
In many instances since the depression of
October last. These technical signs of the
culmination of an advance made the pro
fessional mood suspicious of the market to
day, and this feeling was added to by the
obvious shift In the speculative activity for
the rise to the department of low-priced
stocks, especially In the Industrial class.
The Issuance of the President's special
message to Congress marks the limits of the
Influence of that event as a purely specula
tive factor. A large part of the activity in
stocks for over a week past has been con
nected with the constant reports emanating
from Washington of the preparation of this
document. Some aggravation of reactionary
tendency was caused by the report of the
proposed calling of an extra session of the
Minnesota State Legislature to attempt a
correction of the faults found by the United
States Supreme Court In Its railroad rate
law.
In the Industrial section of the stock list
there were some striking movements, the
further rise in Consolidated Gas being based
on the effects attributed to the Supreme
Court decision on the company's contention
against efforts to restrict Its rates for gas.
The electrical industrials had the advantage
or reports of reviving activity In the de
mand for their products.
Statements of the earnings of the Vander
pllt roads for January are of Interest, show
ing the effect from retrenchment of operat
ing expenses, which was not sufficient,
however, to prevent continued shrinkage In
the net returns.
A hardening of money rates abroad was
an Incident of the day. Interest rates here,
however, continued to yield. An Increasing
difficulty is found in placing large sums of
money on time. The stock market was re
lieved by the profit-taking effected during
the day, which opened the way to some re
covery In the latter part of the day.
I'M? 11? 'rf- c To,al ale"' P"r value-
30. 440.000. Lnlted States 4, advanced (4
per cent on call. .
CLOSI.VO STOCK QUOTATIONS.
Sales.
Adams' Express
Amal Copper .... 42 300
Am Car & Poun. 3,000
do preferred
Am Cotton Oil
do preferred '. "
Am Express ino
Am Hd & Lt pf.. 400
American Ice 4,800
Am Linseed Oil
do preferred
Am Locomotive... 18,300
do preferred' ... 1,400
Am Smelt & Ref. 44.8O0
do preferred ... 1.000
Am Sugar Ref.... 2,0oo
Am Tobacco ctfs. 5u0
Anaconda Mln Co 6.300
Atchison 2,3o0
do preferred ... loo
Atl Coast Line... l.yoo
Bait & Ohio 1,200
do preferred
Brook Rap Tran. 62.600
Canadian Pacific. 4.400
Central of N J
Ches & Ohio 1 300
Chi Gt Western., l.uoo
Chicago & N W-. 2.500
C. M & St Paul.. 21,200
Chi Ter & Tran
do preferred
C. C. C & St Louis 500
Colo Fuel & Iron 2 HKl
voio sc southern.
do 1st preferred.
do 2d preferred.
Consolidated Gas. .
Corn Products . . .
do preferred . . .
Del & Hudson
Del. Lack A West
D & R Grande..
do preferred ...
Distillers' Securi..
Brie
do 1st preferred.
do 2d preferred.
General Electric
Illllnols Central ..
Int t'aper
do preferred . . .
Int Pump
do preferred ...
Iowa Central ...
do preferred ...
K C Southern .
do preferred . . .
I. oute & Nashville
Mexican Central..
Minn & St Louis
II. St P i S S II
do preferred .
Missouri Pacific...
Mo. Kan & Texas 4. 100
High. Low,
00 .-s
33 14 32
iso" iso"
15 15
21 2o
'47H 'ii"
04 9814
74 ft 72
08 !H4
1264
S5 85
40 38
75t4 74t
85 85
75 "4 7314
8314 6214
4S'" "46
15014 149
' '3214 '31 14
5 5
140 14714
120 1181i
l.OHO
1.000
500
7.900
3,300
SO0
200
"ioo
100
1,0
2,400
1.100
2' 206
600
2XI
2' 10
300
100
2.400
l.OoO
6"0
BOO
500
41 K
2o0
80O
100
4.20
2i H
51 .
23
2514
5
K
llttii,
H!4
65
15614
'26 14
62
3414
I64
3314
12814
12814,
10
5814
2514
71
li
32 14
23
53 14
101
18
2314
107 14
136
41
24
55
60
it
34
65
Closing
tiia.
177
69 '4
33
82
2814
85
190
15
21 li
9
17
47
94
74
97
12614
84 14
3914
7614
8514
7514
82
47
.15"
180
32
14S'4
110T4
5
20
51
22
25 '4
5594
47
100 116
1314 H
60
2214
24
5i!4
4f
4
156
"20
33
361,
3214
12714'
126
57(4
25
71
12ll
31 lj
23
6214
100
1714
.?2
too
64
156
485
-M 14
52
34
16'4
3.'!
221,
128
12T
5
24 14
7114
1214
32
23
,53
loo
18
25
136 137
40 4054
23
5414
57
32
117
90
'2414"
81
ioiii
24
54'
50
48
99
S.f
6414
SO
47
31
117
90
68
2414
81
152
104 IO6
84
98
33
64
31
116
80
"24"
81
19
2S
1
15
27
iio preferred
National Lead ..
Mex Nat R R pf
N Y Central 2.400
N T. Ont A West. l.OoO
Norfolk & Western 1,700
do preferred
NorLh American
Pacific Mall 1,200
Pennsylvania 14.100
People's Gas .... 1.5O0
P, C C & St Louis
Pressed Steel Car 1.200
do preferred . . . 200
Pullman Pal Car
Reading 137,800
do 1st preferred. ......
do 2d preferred.
Reupbllc Steel ... 1,900
do preferred ... 1.3O0
Rock Island Co... l.loO
do preferred . . . 1,600
St L & S F 2 pf
St L Southwest
do preferred
Southern Pacific. 14,400
do preferred -. . 3
Southern Railway. 9.4O0
do preferred . . .
Texas & Pacific.
Tol. St L & West
do preferred
Union Pacific
do preferred
V S Express .
VS Realty...
V S Rubber . .
do preferred
U S Steel
do preferred
Va-Caro Chemical
do preferred . . .
Wabash
do preferred . . .
Wells-Fargo Etc....
Westtnghouse Elec 6,100
Western Union . . . 200
Wheel & L Erie
Wisconsin Central
do preferred . . .
Northern Pacific.
Central Leather .
do preferred ...
Sloss-Sheffield ,
(;t Northern pf .
Inter Met
do preferred . . .
Total sales for the day
BONDS.
U.S. Ref. 2s reg..-103 IN. T. C. een3s 8
U.S. Ref- 2s cpn. .10414 Northern Pac. 3s. 704
U. S. 3s Reg 101 Xorthern Pac. 4b.101s
U. S. 3s coupon.. 101 'So. Pac. 4s 85
V. S. New 4s reg.120 Union Pac. 4s ...loo
V. S. New 4s cpn.122 ;wis. Cen. 4s 82
Atchison AdJ 4s.. 86 Japanae is 78
1.9iK
7(JO
4O0
.164.300
100
.' ""'ioo
. 2.7m
500
. 91.600
8.600
(ti-0
800
lort
300
200
21.1"0
1.3O0
2(
4o0
7.100
2.3(
6. 100
80
Ii!1?
28
26
15
30
76
1U
15
40
17U
16
39
127
7S
90
39
23
85
36
m
20
3
8
1"
300
54
49
6
14
37t4
128 128 128
18V4 18'S
84',
50
75
111
15-4
40
17
16
311
128
79
'40"
23
86
36
100 ..
20
94
9
17
'lis"
o
38
74
111
14
38
17
16
38
125
79
'in' '
21
85
35
'.)
20
9.1
9
17
'48 "
60
85
51
12414
21
779.200 shares.
84
61
123 124
20
StorJta at London.
LONDON. March 23. Consols for
87 9-16. do for account. 87.
Anaconda 8-00 ;X. Y. Central
Atchison .... 77O0 Norflk Wes
do pref 88- do pref
Bait Ohio. 8.1.50 !Ont West..
Can Pacific. . 154. 12 Pennsylvania .
ches & Ohio. 32-Ju nana Mines..
Chi Grt West .-..2.1 Reading
ll.r.2' no prer
21.2.1 'South Pac!flc.
52-50 'Union Pacific.
17.io do pref
34 50 L. . Steel...
M. S. P.l
te Beers. . . .
D ft R G
do I, ref . . -
Brii
do 1st pf.
money.
13 on
(
53 OO
35.00
60..-.0
4 7
54 2.1
15 12
40.00
70.OO
I30.:!7
84.00
34.50
FAIR
.1 iK ( j.
NO.
My advertisement which will fill double this space in the press of the world tomorrow, Friday, March 27th, will
set forth in detail the features of "fair finance, gold at 50 cents on the dollar," which, boiled down, is: First, the
public will be given the opportunity to purchase in the open markets, through the members of the leading stock, ex
changes of the world, at whatever price the buying of the public puts in it (not less than par, $5, which it must net
the corporation owning it), 700,000 shares of gold stock the value of which has been demonstrated and the name
of which is known throughout the world. Second, this stock, with the remaining capital of the company, 2,800,000
shares, which are not for sale to any one at any price, is owned by a holding corporation whose capital of $20,000,
000, par $100, has been recently selling in the open market at over $300 per share or over $60,000,000. This stock,
and consequently the gold, is owned and controlled by the most successful group of mining capitalists in the world,
the corporations owned and controlled by them aggregating at the open-market price a short time ago approximately
$300,000,000. Fourth, this stock has never been offered to the public, nor have the public ever had an opportunity
to acquire it.
The above means : First, that tomorrow there will be placed before the public the complete story of a most
remarkable investment. Second, that this story will be unique, inasmuch as it will be the first time in the history of
stocks where a story relating to a security of great worth will read like the yarns usually spun in glaring adver
tisements by irresponsible wildcat stock-promoting swindlers. Yet, in this case, the unquestioned authority of the
experts' reports which will be embodied in my statement, and the predominating position occupied in the bank
ing, railroad and corporation world by the men who will vouch for my story will be proof positive and unassailable
of the facts upon which my story is based. This in turn means that there will be a demand for this stock not only
far beyond the supply, but greater than that for any other investment stock ever offered to the public. Which fur
ther means that all who secure any of this gold during the first days it is traded in on the open market will be
assured of not only an exceptionally safe and high-return permanent investment, but an investment which will im
mediately show large profits, for, as the demand for the stock increases in volume, as it is bound to from the first
day 's trading, the price must mount. fc
Now to real business to summarize what I have heretofore said in Fair Finance, 1, 2 and 3, which, it is only
fair to state, has been said for the purpose of securing the attention of my audience, the public, and next educating
them to a condition where they will quickly and clearly comprehend the desirability of doing what I am now about
to advise them to do.
I unqualifiedly advise every investor and speculator the public and small investors American and European
capitalists every trader in the iNew York and other American exchanges, and the London, Berlin and Paris, to Jiave
their buying orders ready for execution at the beginning of trading in the New York market Saturday morning.
What this means is first, that by this new method all will know the merits of this stock before it is placed upon the
market all will have an opportunity to get in at bottom prices. Second, that there will be turned over to the pub
lic from the very beginning of an assured successful enterprise all the large profits which are to accrue to those who
own this stock, instead of passing these profits over first to the corporation creators, and next to the middlemen
brokers, who, under present methods, purchase to resell to the public at inflated prices.
In detail, what I unqualifiedly advise is this: First, that every small investor, as soon as he finishes reading
this "fair finance 3," place in the hands of any of the members of the leading stock exchange or their local bank or
banker, all or a substantial portion of his savings, at the same time an order to buy, at, say, not over $7.50 per
share, whatever number of shares the money will pay for but in every case to attach to these buying orders posi
tive instructions not to execute the order until after further directions. Next, carefully read tomorrow's statement
and investigate the correctness of all the assertions and proofs submitted, and, if the verdict is, as it will be, that
this is an investment such as heretofore have only been given to "insiders" captains of finance then affirm the
order. But I bear down on this if the slightest doubt remains about this investment being a nugget, cancel the
order and no loss will accrue and no harm will have been done. Right here, I will say, after thirty-eight years'
activity in stocks and finance, without having ever met with a stock bargain which would justify me in advising,
say, a woman investor of moderate means, to invest her all, and this after having marketed hundreds of millions of
securities, in one group alone having turned over to the public more than $100,000,000 of profit, I fully appreciate
the great responsibility which attaches to advice I give, but in this case my knowledge of this investment, which
knowledge I will submit to the public tomorrow, allows me for the first time to give such advice without any fear
of being in error. . .
Second, that every American capitalist should instruct his banker to purchase this stock on Saturday morning,
provided the facts which I will submit tomorrow affirm my every assertion and absolutely prove that this is a most
extraordinary opportunity for money-making.
Third, that every English, French or German capitalist or speculator instruct his American arbitrageur to
purchase for him a block of this stock, after weighing what I will publish tomorrow. My advertising has inter
ested vast numbers of people everywhere in what is to be described tomorrow, when all will be able to judge for
themselves of the desirability of investing, but not until Saturday that is, not until every one has had twenty
four hours' opportunity to satisfy themselves of this stock's worth, can any one secure a share at price, for every
share is owned by'the corporation I refer to; I do not own a share. On Saturday the reputable brokers of New
York, Boston and Philadelphia will stand ready in the open market to supply the stock to all comers, and my work
will have been completed. They will continue from day to day to supply the stock until the 700,000 shares will
have been sold for the benefit of the corporation. Then I will proceed to "bring out" the next one a $60,000,000
one. This means that my greatest interest is in completing gold as quickly and successfully as possible, and then
to have the price at which the public have secured their investment mount rapidly to its real wrorth, two or three
times its first price. He who runs should be able to comprehend as he goes that a brilliant success with this first
or test case means a brilliant success with the second, and so on to the place where the old methods of floating
stocks with the benefit to the few and disaster to the many will have become a memory.
A FINAL WORD TO INVESTORS:
i
It is generally supposed that just now money for investment is scarce in America. This belief is erroneous. I
have recently had three complete canvasses made of the United States and Canada, with the result that I believe
strongly the people at large have never had so much money ready to invest as now, never had so strong a desire to
invest, but never had so little confidence in the old investments. This means that they will tumble over them
selves to reach an investment they are sure is good, and in which they are to be given a square deal. A square deal
is what I will present tomorrow.
THOMAS W. LAWSON
Boston, March 26, 1908.
SAN FRANCISCO ft PORTLAND STEAMSHIP CO
Ticket Office Ainsworth Dock
Fare to San Francisco $5.00
INCLUDINC BERTH AND MEALS
S. S. ROSE CITY
Sails From Ainsworth Dock March 27th, 4 P. M.
Phone Main 268
do 2d pf . . 23.00 ! do oret 102 50
Grand Trunk 13.75 IWabash 0
111 Central. ..130.50 I do prsf li.oO
Ij & N 103 00 'Spanish 4... 82 75
Mo. K.. T. . 24.T5 IAma.1 Copper. 00.75
Money, Excbance, Etc
NEW YORK, March 25. Money on call,
easy per cent; ruling- rate. 2 per
cent: closing bid, 1 per cent; offered at
2 per cent.
Time loans were weak. 60 days, 83
per cent; 90 days. SHftaH per cent; six
monthi. 44 per cent.
Prime mercantile paper. per cent.
Sterling exchange was steady, with actual
business In bankers' bills st 4.S 4.8ttiV,
for demand and at $4.SUSC4.S:i50 tor ttu
day bills. Commercial bills, $4. 83V
Bar silver. !4C.
Mexican dollars. 47e.
Bonds. Governments, Arm; railroads,
heavy.
PAN FRANCISCO. March 35. Silver bars,
50 'c.
Mexican dollsrs. 53c.
Drafts, sight. Ac; telegraph, (lif.
Sterling, 0O days, J4 ST; eight, H SH-
New York Cotton Market. ,
NSW YORK. March 25. Cotton futures
closed steady. March, S.SOc; April, 8.53c;
May, 9.67c; June, 6.."Bc; July, 9.00c: August.
9.33c; October. 9.441c: December, 9.4SC.
London Wool galea.
U)NDON, March 23. The offerings at the
wool auction sales today were 11.347 bales,
mainly crossbreds. which were in slow de
mand. Exceptionally fine light greasles and
Victorian super combing greasy were taken
by Americans at is d. There was a strong
competition for fine Tasmanlan and half
bred combing. The withdrawals to date
amount to 1.1,500 bales. The series will be
rlnfrt April 3.
TRAVELERS' GUIDE.
North Pacific S. S. Co's. Steamship
Koaooks and Geo. W. Oder
b4i lor i-urtka, au rauuisco sod
Los Angeles direct ever Thursday
at 8 P. M. Ticket offiee 132 Third
St., near Alder. Both phones, M.
1314. BL Young, Agent.
T&S.VKLJCSS' CUID&
rOBILaHO HI. XJCJHT POWER CO.
CAKS LEAVE.
Ticket O II Ice end Halting. Rue m.
First and Alder Streets
FOB
Oregon City I. 6:80 A M . and
every 30 minutes to and including 9 P.
Id., then 10, 11 P. M.; last car 12 mid
night. Ureaham. Boring. Eagla Creek. Est,
eada, Casadero. xalrv&sw and Xronuiaia
7:15, 9:15. Has A. 11., 1:14, J.4, 4.14,
tB P. M.
FOB VANCOtrVEB.
Ticket office and waiting-room SeoonS
and Washington s'.reeta
A. M :13. 0:50. 7:23. 8:00. 1JS.
UO. 9:50. 10:30, 11:10, 11:50.
P. M. 12:30. 1:10. 1:50, 2:S. 3:10.
S:60. 4:30, 6:10, 5:00. 6:30. 7:65, I;a,
e:16. 9:23. 10:35. 11:43.
On Third Monday In Every Moata thm
Last Car Leaves at 1:46 r. M.
Dally except Sunday. (Daily exeast
Mondav
forth (JermanAloyd.
Fast Express Service
PLTMOCTH CHEKBOLRQ HK1&M&N 10
A M. ,
Kaiser Wo II. Mar SI I Cecilia (new). Apr. 14
Kaiser d. Or., Apr. 71 Kronprlnx Wm. Apr 21
Twin-Screw Passenger Service
PLYMOUTH CHERBOURG BREMEN 10
A. M.
Barbaroaaa . ..Apr. 9! Barbarossa May 21
Kurfuerst . ...May 7 Kurfuerat ....Juna 11
Bremen direct.
Mediterranean Service
GIBRALTAR NAPLES GENOA. AT 11 A. M.
P. Irene Apr. 4i K. L.ulse Apr. 18
Frlfdrl.-h Apr. Ill K. Albert May 2
North German Uoyd Travelers' Checks.
Oelrlchs Co., Agents, 5 Broadway, N. T.
Robert Capelle. Gen'l Pacific Coast Agent,
Ban Francisco, Cal.
TRAVELERS' GUIDE.
jfamburg-Jkmerican.
REGULAR SAILINGS BY STEADY
MODERN, LUXURIOUS LEVIATHANS.
Ion don-Paris-Hamburg
Patricia Apr. 4iPretorla . ..'..Apr. 11
Amerlka Knew). Apr. ulKalnerln (new). Ap. 23 1
Gibraltar-Naplee-Oenoa
Hamburg . ..Mar. 31 i Hamburg May 14 i
Moltke Apr. 22Moltke Juna 2'
Norway, Sweden, Russia; Eto.
Send for Illustrated pamphlets describing i
our famous Summer cruises.
HAMBl RU-AMERICAK LINE
908 Market Street, San Iranclsco.
and R." R. offices in Portland tagenta).
San Francisco and Portland Steamship Company
Fast and Commodious Steamers. Only Di
rect Ballings! Only Sailing by Daylight.
From Ainsworth Dock. Portland, a p. U.
Boss City. March 27, April 10.
Senator, April 3.
From Spear St . San Francisco, 11 A. M.
Senator, March 28, April 11. 35.
Hum City, April 4, la. May t.
J. W. RANSOM. Dock Agent.
Phone Mala 206. Ainsworth Sack.
coos bay line;
Tb stumer BKJCAKWATER Imvm Port
land vry H edjieMiAjr a If. M. from Oak
atrt dock, toe Jtorut jtai, Amrmkxtket4 m4 .
Ceoa IUij points tfrmlght rsoalvad till 4 p -M.
on day at salllnc FuMogar far, first '
class, flO; sscond -class, 7, iaaiudlnj Vvta, '
and meals. Inquire city tlcltst offlos, Thlrtt 1
and Washing-ton strssts. r Oak-strsst dacic. 1
1
WILLAMETTE RIVER ROUTE
gteamer Feaaona for Salem. Independeaea.
Albany and Corvallla, leaves Tueoaas
Thursday and 'Saturday at g:4g A. M.
steamer Oregonla for Salem and way laaeU
lags, leaves Monday. Wednesday gna rridaa
at 43 A. M.
UttKt.ON C1TT TRANSPORTATION fvv
tMftea and Dosk Feet Tayier atreelT
Vassal Mala 401 A 3U