Morning Oregonian. (Portland, Or.) 1861-1937, March 28, 1908, Image 17

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Morning Oregonian., March 28, 1908, Page 17, Image 17

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Newspaper Page TextTHE MORXIXG OREGOXIAX, SATURDAY, MARCH 28, 1908. ALASKA GUIS EGGS Large Orders From the North Stimulate Local Market. STORING EGGS CEASES Eastern Bankers Xot liberal This Year With Speculators Butter Supply Likely to Increase. Cultivation of Hops. Peveral large order for egs cam in from the Sound dtie yesterday, wme of. them for ruh shipment by express. These are evideotlr goins; to Alaska on a steamer about to sail. Whatever the destination of the trn may be. the order had a. stiffen ing effect on the market and likewise cl wnd It up. Xotwlthwtandlns receipt were larger than usual. Prices quoted were 151 and 18 cents. The dey's developments put a stop to whatever storage operations were under way, leaving the speculators In a somewhat confused frame of mind. The market for two days na eh own a disposition to work up ward, and on or two firms nave thought It hla-h time t put something away. The quantity of'eggs stored, however, has only been nominal. Should, the Northern demand fall away, prices will undoubtedly drop again and supplies can be put in storage against forward requirements, but If the market holds up. the storage deal will prac tically be off. so far as this market Is con cerned. Some of the larger firms are al ready counting on securing their future sup ply in the East. The situation in the Eastern egg trade and the relation of the ban to the stor age proposition are shown In the following report from Pittsburg: The banking Interests of the country, in cluding the banlcs of New York and Chicago, have agreed that in future they will not lend more than 10 cents a dozen on eggs In cold storage, and those who store eggs are warned to govern themselves accordingly In buying eggs for storage, which buying will begin all over the country on April 1. Pittsburg hankers have agreed to go along with thowe of Chicago and New York. The movement will control the storage of not fewer than 300.000,000 doien eggs. Iast year as much as 14 cents a doaen was loaned on eggs in storage and the an nouncement that a limit has been put on e?g certificates Is expected to cause a slump In eggiprlces. Kgg- authorities say there will be over Itno.ortO.OOo dozen enure stored in the next few weeks at perhaps 15 cents a dozen. Ijiist year egK were stored at IS and 3ft tents and' they were later retailed at 40 cent a dnzen or more. Pittsburg will store :;oo.OOO rases, ear-n case holding SO dozen. New York will store about 1.500,000 cases, (hlrago about the same number, Boston tir.n.iNHj rases. Philadelphia 350,000 cases, 4'im-lnnati 350.000 cases and other cities In proportion. Km? certificates, or "negotiable warrants," ns they are better known, have become a ery large factor In Pittsburg- business, and art? alitytNt an freely recognise-d as pig iron rertiticHtes. Today's move Is the first on the pint of the banking Interests to control the output of the American hen. an industry twice a big as the iron and steel business. 1IANANAS C OME BY WAY OF BIMJNGS Two Cam Due by the. Northern Route Tues day Vegetables In Demand. - A part of Portland's banana supply will be brought In by the Northern route here after. Two cars of bfnanas are now com ing by way of Hillings aihd are due here Tuesday. No .carlot arrivals were reported yesteday. but two cars of oranges will be In today. The ,orange market is very firm, with a strong demand all (Hong the Coast. 'Buying was active In the vegetable line, as It usually Is on Friday. Cabbage ad vanced 25 cents a hundred in reHponse to a rise In California. Cauliflower of all kinds has cleaned up well. Asparagus and rhu barb were plentiful and somewhat lower. The first green peas of the season arrived from California and were quoted at 15 cents per pound. Two cars of mixed vege tables are due Monday and a car of celery will arrive later In the week. HARRIS HEAVY BITTER OF HOrS Salem Dealer Is Reported to Have Secured 900 Bales. A telephone message was received from Falem yesterday that Joe Harris had Jumped Into the market vigorously and bought up ftQO bales of hops at prices rang ing from Sto 6 cents. Conrad Krebs. who has been on a tour of Inspection of the hop districts of the state, says the growers are busy at work In all sections cultivating their yards. The number of acres plowed up, he says, is In considerable, and everything points to a crop on the vines equal to that of last year. STRONG DEMAND FOR OLD CHEESE Mocks IJkely to Be Exhausted Soon More) Butter Coming;. There is an active demand for cheese that threatens to clean up the old supply en tirely before the new stock has ripened. Prices are nrm and half a cent higher than last week. Young Americas are now out of the market. The demand for butter continues strong, but It is probable that prices are firmer this week than they will be aext. The time Is at hand when the supply should begin to increase materially. On Front street re ceipts are already becoming largvr. and as soon as a surpiua accumulates, it will be difficult to maintain present prices. timhain and Whole-Wheat Flour Lower. The nour market Is In a weak condition, but no general decline in prices has been announced yet. Graham nour and whole wheat Hour were lowered 25 cents a barrel yesterday. Hans: Clew ring. Clearings of the Northwestern cities yes terday were as follows: v'learlngs. Balances. Tnrtland iiix.l4 $lixf74 Seattle S'.tT.IKU 71 114 Tarnma S:T7.4.V .Vsi7 (Spokane 7IS.S10 115,14$ PORTLAN D QUOTATIONS. Grnln. Flour. Feed. Eta. FLOUR Patent. S4.SO; straight. 4.00; clears. : Valley, S4-45; graham 'flour, $4. 40(14.75: whole wheat flour. 4.PO(3.00; rye flour. $5. AO. WHEAT Club. KSCfSJc; btuestem, SSc: Valb y, srt S4c; red. Sl-ffSlic. BAR LET Peed, $26 per ton; rolled, 125 ?:o Pr ton. MlLLSTl'FFS Bran. city. country, $'17 per ton; middlings, $30; shorts, city, country. $ per ton; chop, S0tf25 per ton OATS No 1 white. $27 628 per ton CEREAL FOODS Rolled oats, cream, 90 pound sacks, per barrel. $7; lower grades, $V50fl W; oatmeal, steel-cut. 45-pound sacks, $3 per barrel; -lb. sacks, 3 pr bale; split peas, pr 100 pounds. $4. 2594.80; pearl barley, $4 5005 per 10O pounds; pastry flour, 10-pound sacks, $2,75 per bale; flaked wheat. $2 75 per case. CORN' Whole. $:u.30: cracked. $34. go. HAY Valley timothy. No. 1. $17 ton: Eastern Oregon timothy. $1920- clover $14 3 15: cheat. $15; grain hay. Sl4 01o: allulia, 12 IX Vegetables, Fruit. Eto. DOMESTIC FRtMTS Apples. $163 50 per box. according to Quality; cranberries, $S& 11 per barrel. FRESH VEGETABLES Artichokes. 730 90c. per duxerr; asparagus. lo 14c pound; brans, 2"c per pound ; cabbage. 1 4 1 c per pound; cauliflower.. $3; celery. $1.50 5.O0 per crate; rucumher, $375 per dojen; ek-rplant, 20c per pound; lettuce, head. 050 per Uoxen: hothouse, $1.00.9 125 per box; parsley 25c per dozen ; peas, 10c pr pound; peppers, 20c per pound; radishes, 30c per dozen; rhubarb. $2 75 per crate; spinach, S5c per crate ; sprouts, He per pound; squash. ll4e per pound; tomatoes. Mexican, crates. 50 TROPICAL FRUITS Lemons. S2 503 M per box : oranges, navels. $2& 2.75; grape fruit, $3.50; bananas, 52c per lb.; crated, 5e; pineapples. $4 5.50 per dozen; tan gerines, SI. 50 per box. ONIONS Jobbing price. Oregons. $4 par hundred. ROOT VEGETABLES Turnips. 85c per sack; carrots. 85c per sack: beets, $1.00 per sack; garlic. 10c per pound. POTATOES Buying price, 4000c per hundred, delivered Portland; new California. 54o per pound. DRIED FRUITS Apples. lOe per pound; peaches. 1112Hc; prunes, Italian. 56toe; prunes. French. 35c; currants, unwashed, cases, 64c; currant, washed, cases, 10c; flea, white, fancy, 50-pound boxes. 64c. Butter. Eggs, poultry, Etc. BUTTER CUy creameries: Extra cream ery, 30c per pound; state creameries, fancy creameries, 25(&0c; store butter, choice, 10 17c CHEESE: Oregon full cream twins, 15 I5Hc per pound. POULTRY Average old hens, 14 15c; mixed chickens, 12 13c; Spring chickens, 16Z20c; turkeys, live, 15 17c; dressed, cholco, 1620c; gees, live, per pound. 8& 10 ducks. 10$: 17c; pigeons, 75c$l; squabs, $ 1.50 2. EGOS Fresh ranch, 15iilc per dozen. VEAL 75 to liS pounds, S4c; 125 to 1C0 pounds, 7c; 150 to 200 pounds. 5 PORK Block. 75 to 150 pounds, 77c. packers. 5&6fecv s WHEAT WEAK ALL DAY SMALL VOLUME OF TRADXXG IX CHICAGO PIT. Larg-e Argentine Shipments Cause Selling at the Opening Weather Xews Has Bearish Effect. CHICAGO. March 2". Wheat in weak all day and. the volume of trade was small. .Some selling at the opening was caused by liberal shipments from Argentina, but dur ing the greater part of the day the market was affected chiefly by the weather situa tion in the Southwest. Corn was weak all day on selling by pit traders. Oats were easy owing to the weak ness of wheat and corn. May opened un changed to a shade lower at 54&M4c, advanced to 54 c and then declined to 54c. where It closed. A 15c advance In the price of live hogs caused a strong and active market for pro visions. The market closed strong. Leading futures ranged as follows: WHEAT. Open. Hiph. T.OW.- Close. Mar 5',s .IttH .94 .94H July Wll, . .u- .fc9i, .tatv, September ...87 .87s .8B3j CORN. May a4 i4 .Bfi3i .ee,u. Ju'v 4 .tM . ., wpitniLpr ... .Oo-Jd .fco-Ts -OJJs .63 Hi OATS. May, old 54H .K4d .MVi ..M' Mny, new ... .52 .sa .525, .bjt July, old 4Si; .4Ri .48;., .4S14 July, new ... .4"i .46!J ..41Ji .4i4 PORK. May 13.W J.1.12t4 12.9r July i::.s li.rci 1:1.35 1:1.45 September ...13.776 13.874 13.75 13.83 LARD. May 8.15 8 2214 8 15 8.25 Julv 8.3." 8 45 8.35 - 8.45 September ... 8.57V- 8.85 8.57V4 S-SU SHORT RIBS. May 7 0 T.10 6.0714 7.0.1 July 7.:t5 7.S7VS 7.27ia 7.3". September ... 7.574 7.(1.". 7.55 7.86 fash Quotations wre as follows: Flour Steady. Wheat No. 2 Spring. $l.nS&1.01; No. 3, 97i'lftSil.07: No. 2 red. 4ll'HoVc. Corn No. 2. 64y.ff(15c; No. 2 yellow. 65 Vfc -. Oats No. 2, 5353W.e; No. 3 white, 61 C 5-1 Ha. live No. 2. 75c. Barley Fair to chr.ioe malting. 78Rflc. Flax need No. 1 Northw-elcrn, fl.20V. Timothy seed Prime, f.4.70. ('lover Contract grades. ?21.75. Short rilv Sides, ll.jose). ( ii.371inS74. Pork Mess, per hbl.. 12.8512.87Vj,. Ijlrd Ier loo lbs., S.. , Sioes Short, clear, (boxed). R87HI3V4 Whisky Basis of high wines, $1.35. Receipts. Shipments. Flour, bHIs IS, 800 2ft.7(X) Wheat, bu 25,2"0 Oil.SllO U,. siD.tmn 229.1O0 lia hii" " 205.5OO 31S.1O0 Rve. bu Barley, bu 319.O0H S.(K 316,000 liraia at Snn l-Vandsco. S,VX FRANCISCO, March 27. Wneat and barley, steady. pot qdotations: Wheat Shipping. ll.flO01.ZVi ; milling. .l.tl-JWfrl.1. Barley Feed, 1.374 1.40; brew ing, f t.4Arl..-ZVi. OatsRed. $1,421; 1.R5: white, $1.32',4 1.65; black. $1,559 1.A2V4-Call-board sales: Wheat No trading. Barley May, $1..15Vi; December, $1.14VJ. Corn Large, yollow. $l.2'Vi itfl.67V4. . - Eompran Grain Miwkrtw. 1WDOU, March 27. Cargoes dull and inactive. Walla Walla, prompt shipment, un changed, 35s pd; California, prompt ship ment, uncbanged, 30s. LIVERPOOL, March 2T. Wheat. March, nominal: May. 7s d; July, Ts ld. Knglish country markets, steady; Frencli country markets, dull. Argentine shipments. ft.l7fl,000 bushels; last week. 6.752,000 bushels. Grain and Produce at New York. NBW YORK. March 27 Flour Receipts, 2fi.4-ii barrels: rxMjrts, R100 barrels: market dull, unchanged. Wheat Receipts. 39,000 bunhel: exports. 1500 bushfls. Market for spot easy. No. 2 red, $1.01 elevator and $1.02 f. o. D. afloat: No. t Northern Duluth. $1.14 f. o. b. afloat; No. 2 hard Winter, $1.12 t. o. b. afloat. May closed $1.3; July, u7.c llnj-s Quiet. Hlues Steady. Minneapolis Wheat Market. M1XNT2APOL1S. March 27. Vheat May, $1.06fe: J"lv. $l.t": No. 1 hard, $1. (!,; No. 1 Northern, $1 07V: No. 2 Northern, $1.05l : No- s Northern. B8ctf$1.02. . Dttlry Produee in the East. PHrOAnO, March 27. On the produce ex change today the butter market was steady. Creameries. 22U28HC; dairies. 2O02AC. F.ggs Iiaay ; at mark, cases included, 14c; firsts, 14c; prime firsts, 15c; extras, lc. Cheese Steady, 12 14c. NEW TORK. March 27. Butter, steady, unchanged. Cheooo Firm, unchanged. Kggo Unsettled. Wool at St. Louis. ST. LOCIS. March 27. Wool, steady. Ter ritory and Western mediums. 2022c; fine medium, 18i loo: fine. l.-.!7c. CONFESS WlllL IS FORGED Witnesses in Contest for $1,000,000 Turn Against Schooley. SCRANTON, Pa., March 27. Startling developments came in the Schooley Crawford will case when Albert "W. Bahman. of Swedesboro. N. J., and Charles P. Reidel. of Landlevllle, N. J., pleaded guilty to perjury. They de clared the Schooley will, which they witnessed,- and "by which George B. Schooley. of Philadelphia, sought to In herit the million-dollar estate of his cousin, James L. Crawford, who was a prominent coal operator here, was a forgery. They will testify against School ey next week. Schooley was arrested some time ago charged with fofging a will, and his ball was surrendered today after Bah man and Reidel confessed. A detective has gone to Noxen, "Wy oming County, Pennsylvania, where Schooley has been wintering, to re arrest him. Albany, Or. Mrs. Fred Punning, of Port land, firand chief of honor of the Pvthian Sitjtors. toniKht made an official visit to Alph Temple, No. 1. of Albany, the first loaa ox tu oraer organized in STOCKS ARE BID UP Strong Closing After Contin uous Fluctuations. BANKING FORECAST GOOD Strength ot I'nion Pacific Afreets the Entire Market Steel Is Heavy, but Coppers Advance. Canadians Are Higher. NBW TORK. March 27. Prices moved continuously in today's stock market. ljt the course of the 'movement changed so often as to leave speculative sentiment thoroughly confused. In one important stock could be discerned sienB believed to point to distribution going on, while in an other appearances would indicate careful manipulation for the purpose of securing stock as cheaply as possible, pointing to accumulation. The action of Union Pacific had an Im portant Influence on the whole list by sym pathy. The bad impression created by yes terday's announcement of a coming bond issue seemed to pass away, after a period of early depression. Banking officials credit ed with the financing Intimated that the first reports ot the dimensions . of thef im mediate proposed issue had been exagger ated. Stcrles were thereupon revived of the imminence of -the i,lan for segregation of Union Pacific Investments for distribu tion to stockholders. The stock turned strong asain and carried the whole market with it. The heavy tone of United States steel in the early dealings worked on the whole market. The copper securities had the advantage of another rise in the price of the metal here and abroad and reports from London of an improvement in the general market condition for the metal. The special strength shown by the Can adian group of railroads was attributed to a foreign origin and the reason for the advance was not stated. The compilations .of weekly currency movement showed that the accumulation of cash here was going on uninterruptedly. With the large payments made to the sub treasury on account of. return of Government deposits, the gain of $2,733,000 made by that institution at the expense of the banks was amply explained. Receipts on balance from the interior by express have been on so liberal a scale as to outweigh this drain and establish a cash gain of probably be tween $1,000,000 and $2,000,000. It Is not supposed that the United States Treasury will be able to avoid further calls upon de positories, as the current deficit In the reve nues necessitates the payment out of its available cash balance. The easing of our money rate, while foreign money markets show some occasional stiffness, was not un related to the day's rise in foreign ex change rates. The strong banking forecast helped the late stock market, and the earlier uncer tainty was largely discarded in a vigorous upblddlng of prices to a strong closing. Bonds were Irregular. Total sales, par value, $3,472,000. United States bonds, were unchanged on call. CLOSING STOCK QUOTATIONS. I Closing . . Sales. High. Low, Bid. Adams Express 177 Amal Copper .... 7S.80O (i-ji-i 'UnL KiU Am Car & F-oun. 2.2O0 .3334 323A 33 do preferred (13 Am Cotton OU jsi; do preferred 8r. Am Kxpress ' Am Hd & IA pf is American Ice ... 2.100 21 14 20'i 20' Am Linseed Oil . . 7154 do preferred ... 100 lSi in 18j Am Ixcomottve. . . 4.7 47 4?' 46 do preferred 4un 94 04 ' j4 ' Am Smelt & Ref. 84.oo 74V, 7254 7ay- do preferred 2o0 88 !t7U 07 Am Sugar Ref... 1.2"0 12 12.V.J 12i4 Am Tobacco ctfs 3io SS 84t kTi " Anaconda Mln Co I&.800 40 sir 40 Atohion 9.2tO 78 73 754 do preferred ... 100 85'i RSX. 80U Atl Coast l.lr.e 700 73 71 73 Bait & Ohio 4,300 844 S2'4 844 do preferred 85 Brook Rap Tran.. 8,700 47'4 4U4 4714 Canadian Pacific. 12.200 15414 14 lr3 Central of N J ..... 173 T'hes Clhio G.4'K 33'4 32 33 Chi Gt Western. 1.600 ftij 5 5'I Chicago & N W.. 3.0HO 14SI 148li 148 C. M & St Paul 11.900 119Ts 118! HiHj Chi Ter & Tran 5 do preferred 20 c, c. c & st Louis 1.700 an mi ssj Colo Fuel & Iron.. 2.fl 23tj 22 22 Colo & Southern.. 800 2M.5 25 25L4 do 1st preferred. 5O0 54 53 53 14 do 2d preferred. 600 4534 45ta 45tZJ Consolidated (las.. 4.000 117'i 114 115 Corn Products ... 40 14J 14 13T do preferred ... 200 flfi 5 85 Del & Hudson BOO 156 154 155 Del, Lack West 485 D & R Orande.. .100 21 2o !l'i do preferred ... 40O 56 54 ,Vi Distillers' Securo.. 1.800 3314 3214 334 Erie 2.1U0 17 1!4 IB' do 1st preferred. 1.4t0 34 34 34V, do 2d preferred. 2"0 25 25 2t General Electric. 4 12714 127 127H Illinois Central .. 100 12 12 12514 Int Paper 400 94 9 do preferred 54 Int Pump 400 24 4 24 Vi '. do preferred .-. 70" Iowa Central 200 12H 124' 12t4 an preierreu .... jco .14 ;t3',. K C Southern .. M 23U 22' 23 do 1 dpreferred ... 2io 5314 53i .13 if, TjBuIh Nashville -9"0 loo 984 94 Mexican Central.. 6.900 IB 18 lKt$ Minn A St Lout. 2" 24 234 24 U M. St P & S S M 1.0O0 103!4 KM " do preferred 133 Missouri Pacific. 4.700 43 40 42U. Mo, Kan Texas 2.900 24 24 24 do preferred li 56 56 56 National Lead ... 2.5oo 5914 58 59 Mex Nat R R pf. l.Boo 51 !4 49 51 N Y Central 1.700 99 98 98 N T. Ont & West. ton 344 33 34 Norfolk 4 West.. 2.600 65V4 64!4 65i do preferred 80 North American.. 2.9O0 5214 4l4 52 Pacific Mall 700 314 3 3114 Pennsylvania 14.600 117 .II614 117V People's Gas .... 1,200 90 90 9M P. C C St Louis 711 Pressed Steel Car 500 24 1, 24 24 Vi do preferred SO Pullman Pal Car 100 153(4 15314 152 Reading 46.900 101 IO8 1074 do 1st preferred do 2d preferred i!l4 Republic Steel ... 2.800 19t4 - 19 19 do preferred ... 3.000 73 72i 72U, Rock Island Co... 1.000 l&i; 15 1514 FOLLOW ,.L. Y. KEADY ORDERS EXECUTED 337-39 CHAMBER OF COMMERCE . Phones: A 2659 and Main 1258 do preferred ... 2.000 28 274 28'4 St L & S P 2 pf.' Wi St L Southwest .13' do preferred 9 ,1- Southera Pacific 18.500 77 75 4 7Vi do -preferred HI Southern Railway. 3.000 154. - 154 '54 do preferred ... 1.300 414 ' 41 Texas & Pacific. 4o0 17 - 17 174 Tol. St L i West. 1.4T0 K 1& it do preferred ... 1,000 411J 4u 41 Union Pacific ...161.9U0 129 1264 12S do preferred "s4 U S Express U g Realty J9- V S Rubber 500 234 23 ' 234 do preferred ... 3i) 85 84'1 85 U S Steel . 81.600 5S S4 354 do preferred ... 7.5O0 94 994 94 Va-Cro Chemical 7-0 204 204 do preferred ... 2VO 94 93 934 Wabash 2.0UO 114 10 104 do preferred ... 1,000 194 18U 14 Wells-Fargo Ex 3o" ' Westlnghouee Elec 1.100 56 SO 1 53 Western Union ... 1,000 52 50 514 Wheel A L Erie.. 400 H 64 7 Wisconsin Central 15 do preferred ' Northern Pacific. 23.100 1284 126 1274 Central leather .. 3O0 19 18 I84 do preferred ... 100 - 854 854 85 Sloes-Sheffield ... 100 49 4 404 49 Gt Northern pf.. 11.5) 1244 123 124 Inter Met 2.200 84 8 8H do preferred ... 1.600 21 21 21 Total sales for the day. 755.90Q shares. BONDS. , NEW YORK, March 27. Closing quota tions: TJ. S. ref. 2s reg.lo;;:N Y C G 34s.. S4 4 do coupon. ... 104 4 iNorth Pacific 3s. 70 U. S. 3e reg 101 INorth Pacifio 4s. 1004 do coupon. ... 101 ISouth Pacific 4s.. 844 U. S. new 4s reg.l20 4!Unlon Pacific 4s. 99 do coupon. ... 122 4 'Wiscon Cent 4o. S24 Atchison adj. 4s 81; 4 ! Japanese 4s 77 4 D & R G 4a 9041 Eastern Mining Stock. BOSTON. March 27. Closing quotations: Adventure ..$ 1.50 jParrot 19.50 Allouez 26.00 iQulncy 84.00 Amalgamated 02.12 4 Shannon 12.124 Atlantic .... 10 25 'Tamarack ... 64.00 Bingham . . . 87.00 Trinity 15.75 Cal & Heela. 635.00 'United 'Cop... 5.00 Centennial 2X.OO lU. S. Mining. S8.00 Cop Range.. 60.50 IU. S. OH.. 10 O0 Daly West... 8.00 Utah Franklin 7.75 Victoria Granbv 95.00 I Winona .... Isle Royale. . J9.124!wolverine .. Mass Mining. 2.50 INorth Butte. Michigan ... tl.25 IButte Coal.. . 41.25 3.00 5.50 .128.00 . 57.2.-. . 22.50 Mohawk .... 51. ;o l.Nevaaa 13.25 Mont C. & C. .90 Old Dominion 38.25 Osceola .... 83.00 leal & Ariz... 108.25 lArii Com 19.0(1 IGreene Cananea 9.37 4 I . Money, Exchange., Etc. NEW YORK. March 27. 'Money on call easy. 1 4 2 per 'cent: ruling rate, 2 per cent: offered at 1 per cent. Time loans, steady: 60 days, 3 per cent: 90 days. 34 per cent;- six months, 4v44 per cent. Prime mercantile paper, 54 6 per cent; sterling exchange firm with actual business In bankers bills at $4.8614 & 4.8620 for de mand and at $4.8-"r75 4.8380 for OO-day bills. Commercial bills, $4,834. Bar silver, 55 4 c. Mexican dollars. 47c. Government bonds, steady; railroad bonds, irregular. LONDON, March 2T. Bar silver, quiet, 29 9-10d per ounce. Money, 2 3 per cent. The rate of discount in the open market for short bills is 2 24 per cent; for three months' bills, 2 per cent. SAN FRANCISCO, March 27. Silver bars. 55 '4 c. Mexican dollars, 53c. Drafts, sight, lOc; telegraph. 124c. Sterling, 60 days. $4.84: sight, $4.864. Daily Treasury Statement WASHINGTON. March 27. Tbday's state ment "of the" Treasury balances "in the gen eral fund hows: Available ca?h balance $2H2.494,753 Gold- coin and bullion 25.285.941 Gold certificates 34,959,9:10 PORTLAND LIVESTOCK MARKET. Prices Quoted Locally on Cuttle, Sheep and Hogs. f Market conditions were unchanged in livestock yesterday, all prices ruling steady to strong. Receipts were 220 hogs and 30 cattle. The following quotation's were current in the local market: CATTfjE Best steers. $4.404.75; me dium. $3.75-84.25; cows, $3.50g.V75: fair to medium cows, $2.753.25; bulls, $22.76; calves. 3.75f4.50. SHEEP Good, $5.609'6; lambs, $3.75 8.25. HOGS Best, $5.50575; lights and feed ers,. $5t$5.25. Eastern Livestock Prices. OMAHA, March 27.-i-Cattle Receipts. 20O0. Market 10c lower. Native steers, $5.25 -a 7.00; rows and heifers. $3. 2586.00; West ern steers. $3.75 6.00; Texas sfeers, $3.20 5.25': range cows and heifers, $2.75 $4 75; canners. $2.25(83.50; stockers and feeders. $3.00CD5.25: calves, $3. 00 W 6.00; bulls and stags. $3-25 o 5.25. Hogs Receipts, 4000. Market 15(520c higher. Heavy. $5.255515.35; mixed. $5.15 3.20; light. $5.103.23; pigs, $4.00a4.73; bulk. $5.1505.25. Sheep Receipts. 8000. Market steady. Yearlings. $0.007.25; wethers, $3.7566.73; ewes. $5.0O0.O0: lambs. $7.OO4j8.10. QUOTATIONS AT SAX FRANCISCO. Prices raid for Prodnce In the Bay City Market. ' SAN FRANV1SCO. March 27 The follow ing prices were quoted In the produce market today: Vegetables Garlic. 124615c: green- peas. 355c;. string eheans, 30c; asparagus. 3 8c; tomatoes, $1.25(52: eggplant, lofg-ljc. Poultry Roosters, old, $44.50; roosters, young. $7tjf9; broilers, small, $4f5; broil ers, large. $6650; fryers. $7(&8: hens. $5'5 8.50; ducks, old. $45; young, $57. Butter Fancy creamery, 23c; creamery sec onds, 22c; fancy dairy, 204c Eggs Store, 16c; fancy ranch, 17c. cheese New, 114 12c; Young America, 12l4c. Mlllstuffs Bran, $3031.50; middlings $33 Wool Spring. Humboldt and Mendocino, 201 22c; South Plains and San Joaquin, STc; lambs, 810c. Hoptj 1907,' r4fff4c: contracts, 6llc. Hay Wheat, $I2S16.50; wheat and oats, $11 16; alfalfa, $914; stock, $7.5Jjj9; straw, per bale, 60&85c Fruits Apples, choice, $1.75; common, 60c; bananas, 75c(g$3; Mexican limes. $6.30-0)7; California lemons, choice, $2.50; common. $1.25: oranges, navels, $1.252.2&; pineapples. $1.50(83.50. . Potatoes Early Rose, $1.351.50; sweets, $3g3.50; Oregon Burbanks, 85c4f$L Receipts Flour, 6512 . quarter sacks; wheat. 1705 centals: barley. 2:180 centals; oats. 495 centals; beans. 11:18 sacks; corn, lo centals; potatoes. 1400 sacks; bran. 136 sacks; middlings. 535 sacks; hay, 5-S6 tons; wool. l:to bales; hides. K15. MS LAWSON'S ASK rTHE UNITED STATES NATIONAL BANK Portland, UNITED STATES Capital, $500,000 Surplus and OFFICERS J. C AINSWORTH, President R. W. SCHMEER, Cashier R. LEA BARNES, Vice President A. M. WRIGHT, Ass't Cashier W. A. HOLT, Au't Cashier " ; BOARD OF DIRECTORS I. W. Hellmaa President Wells FaTgo Nevada National Bank. S F.; Union Trust Co..' S. F.; and Farmers & Merchants Na tional Bank. Los Angreles. Percy T. Morgan President of the California Wine Assocla , ' tion. S. F. Rufua MoHory Of the law firm of Dolph, Mallory. Simon & Gearin. RETAIL TRADE GOOD Advanced Weather Stimulates Business at Many Points. ACTIVITY IN 'THE WEST Most Favorable levcIopinent in the Manufacturing Lines Is in the Leather Industry Hide Prices Advancing. NEW YORK. March 27. R. G. Dunn & Co.'s weekly- review ot trade tomorrdw will saj-: . Retail trade in Spring good has made further progress and the conservative buyr ins; by dealers In preparing; for current dis tribution is now providing; a good supplemen tary demand. Unusually advanced weather in many ' sections stimulates business fend agricultural work is making an early start. In the leading Industries there is evidence of gradual Increase In contracts, many plants preparing for greater activity - on April 1, while proposed reductions In wagea have pro duced no threats .of strikes. The bfcst news of the week as to manufacturing conditions comes from the leather industry, although shipments of footwear through Boston are only about two-thirde those of the same week last year. Dispatches from the West and South are most favorable as to the general commercial situation, a few cities reporting the volume of business fully equal to last year's and these statements are supported by bank ex change at these points about the same as In 1007. There still is complaint regarding mercantile collections, although improve ment is noted. There is a better feeling In the hide mar ket, prices advancing in several Instances, especially hides suitable for sole leather. Bank Clearings. t NEW YORK. March 27. Biadstroet's bank clearings report for the week ending March 26 shows an aggregate of $2.18o,orrt. 000 as against 2.S,S40,tKH last week and $3,067,203,000 In the corresponding week last year. , . The following is a list jof the cities: P'ct. dec. New York 1.274.7OR.0fK 35.4 Chicago -. . 224.2S6.OO0 1.4 Boston 118,211,000 29.3 Philadelphia 104.272,000 31. St. Louis 63.821 .000 O.S Pittsburg '. 3R.30il.Ono R4.0 San Francisco 26.504,000 33.2 Kansas City 31.9Sl.WlO 10.1 Baltimore 19.H99.ooo 26.8 Cincinnati 23.73r..OO0 10.4 Minneapolis 18.4H.S.OOO 2.1 New Orleans 14,86o,oi 20.5 Cleveland 13.O31.00O 23.2 Detroit 11.401,000 ' 7.8 Louisville 10.225,000 20.0 IOS .Angeles 9.145.0O0 19.0 Omaha 12.040.000 10.2 Milwaukee 8.704.000 13.7 Seattle 7.138.000 16.5 St. Paul 8.808.000 .U Buffalo 6,937. 0O0 , 6.7 Denver 9.O17.O00 .3 Indianapolis 5.7O0.OO0 18.0 Fort Worth 8.479.000 105 Providence 5,202,000 28.3 Portland. Or B.si 7.000 11.7 Albany 5.2)t),000 23.3 Richmond 6.3S2.00O 10.8 Washington- 4.9X2000 12.5 Spokane 5,212,000 . 5.3 Salt Lake City 4.140.OOO 14.7 Columbus 4,101.000 19.8 St. Joseph t. .. 5.233.OO0 S.8 Atlanta . 4.046.000 11.8 Memphis 4.78O.O0U S.a Tacoma I ,7H),OIM) 12.6 Savannah 2.803.000 5.1 Toledo, O 3.413,000 13.0 Nashville 2.7S0.0O0 19.4 Rochester ' 2.5B3.O0O 28.2 Hartford .- -. 2.569. 0O0 28.5 Des Moines 2.921. 000 .'! Peoria 2.557.000 9.5 Norfolk - 1.B14.0O0 21.1 New Haven 1.708.OO0 20.0 Orand Rapids . 1,819,000 10.6 Birmingham 1.701.000 '20.3 Syracuse 1.706.OOO 3.0 Sioux City .,. . 2.463.000 1 2.5 KprinRfleld, Mass 1,642.000 16.3 Evansvllle 1.7R8.0OO 7.9 Portland, Me 1.368.000 11. B Dayton 1.2311,000 9.3 Little Rock 1,227.000 4.4 Augusta. Ga 1.337. OOO 12.7 Oakland. Cal 1.247.0OO 55.8 Worcester 1.262.OO0 19.5 Mobile 1.277.OO0 21.6 KnoTville 1.397.0O 9.2 WHY Oregon DEPOSITORY Undivided Profits, $400,000 George E. Chamberlain Gover nor of Oregon. H. I. Mncleay Prosldns- of the Macleay Estate Co. R. Lies Barnes Vice-President. J. A. Alnawortb President, also president of the Fidelity Trust Co. Bank, of Tacoma, Wash. D. W. Wakefield Ot the real estate ftm ot Wakefield, Fries & Co. . V Jacksonville. Fla 1.359.0OO 6 4 Chattanooga 1.054.000 9.7 Charleston. S. C.' 1,1 06. 000 2.2 Lincoln. Neb 1.334. 000 13 6 Wilmington. Del 1. 085.000 27.4 Wichita . : 1.5OS.0O0 7.6 Wllkesbarre 1,031. OOO 9.0 Wheeling. W. Va 1.096.0UH 1.2 Fall River 850.000 28.4 Davenporr ' , 1.036.000 2.7 Kalamazoo, Mich 802,000 18.9 Topeka S34.0O0 13.8 Helena " 733. (MM) 6.1 Springfield. Ill 701. OOO 10 S Youngstown 6K0.00O M.7 Fort Wayne 808,0h 2.4 New Bedford 700.000 2.0 Erie. Pa 5I0.OOO 29.5 Cedar Rapids, la ;.9,ooo 14.l Macon 473.OO0 23.5 Akron 4I6.00O "37.1 Lexington . 561.000 16 0 Rockford. Ill 730.000 ' 7.4 Fargo. N. D ' .40.-..000 14.9 Lbwell 377.000 6.2 Blnghampton 415. OOO ' " 17.9 Chester. Pa 308.OO0 19.6 Sioux Falls. S. D. 476.000 7.3 South Bend. Tnd ....... 330.000 25.8 Bloomington, 111 557.000 14.8 Canton, O 390.00O 21.2 Qulncy. Ill 47S.O00 12.2 Springfield. O 377.0181 .111 Decatur. 111. 377.0O0 34 7 Mansfield, O -. . -275.000 Mfi.O Fremont. Neb . . .'- 314.000 10.2 Jacksonville, 111 21:1,000 2.2 Oklahoma ? 89X.0O0 Houston 19.171.000 16.1 Galveston 12.385.ooo 2.9 Increase. - EXPANSION IN RETAIL TRADE. Operations in Building Lines Have Also ' t Increased. NEW YORK, March 27. Bradstreet's to morrow will say:- The first week of Spring has seen an ex pansion in retail trade and an enlargement of ooeratlons In building lines, especially in the West. Conservative estimates -of actual needs govern buying and replacement of stocks Is the chief source of Jobbing and wholesale demand. Trade in the primary branches Is therefore quiet, and operations in Industrial lines are below normal. Fall trade Is backward, awaiting clearer views of the future crop and price conditions. Industrial conditions are still very Irregu lar and shorter reduced time is practically universal. Business failures, for the week ending March 26 number in the United States 286 against 303 last week, 166 in the like week of 1907. Canadian, failures tor the week number 40 as against 21 In this week a year ago. Wheat. Including flour, exports from the united States and Canada for the week ending March 26 aggregated 2.203.964 bushels. 2.707.566 bushels this week last year and 2.904.110 In 1902. For the 30 I"-???, 2f .. thC flsoal 'ear- tho exports are 1BJi.r.47.0o3 bushels, against 130.591.179 In V!??-l- - C?rn 'or the week are 4..13J bushels against 383.645 last week and 1.844.633 In 1907. For the fiscal year to date the exports are 45.808.579 bushels, against 51.667,850 In 1906-07. -Metal Markets. NBW tORK. March 27,The London tin X,?mr f1S,RSmTh.at lrru""- with spot closing 143 15s and futures at 142 15 The aJ.nmVet V J"'ady wllh Quotations ranging from 31.60031. 2J,c. to 61 17 bd for futures In I-ondon.,. Locally the market wan firm and showed a further fL"V gaT w',th lake quoted at.!3.12'W Kci2S!3'.,;, :i::,A,61i, :i5c' Lead was unchanged in London. The lo SaL"laet WM nrln and a """do higher at Iron wan loww in th RngllPh market with BtanTard foundry quoted at CIb 3d and Cleve land warrants at 52c- id. No chance waa reported in the local market. ' Dried Krnlt at New York. NP?W TORK, March 27. The market for evaporated apples wae steady and it is said that 71. cent is being bid for desirable supplies of prime fruit. Fancy are quoted at KHi511e; choice. Saic; prtme, 70, and common to fair bQ4lc.. Prunes are Mill unsettled, although there Is lesfT disposition to shade prices. Quota tions ram?e from Vc to I4c for OallfoVnla and from dc to 10c for Oregon fruit. Peaohea of the better grade are said to be scarce and prk-en are steady to Arm, with choice quoted a.t ltxf10c; extra choice, ili& llc: fan-y. ll&t&lIJo. and extra fancy at 13'al4c. Kaislne are dull. ' - . I Coffee fend Suirar. NEW TORK, March 27. The market for coffee futures closed steady net unchanged to 5 points higher. Sales were reported of R30 bags. Including March. 5.80c; May, &.JHc; September. 5.8.V; December. iV95c. Sit coffee, steady; No. 7 Rio, 6c; No. 4 Santne, 8 "i S Vi c Mild coffee, quiet: Cordova, lOVifr 13Vc. Sugar Raw. firm; fair refining. S.Stic: cen trifugal, .lt-teBt, 4.:to; molasses sugar. S.lc; refined, steady: crushed, 6.lOc; powdered, 6.50c; granulated. ft.4rp. London Wool Hale. - IjONDON. March 27. A good selection amounting to hales was offered at the wool auction sales today. Competition waa more active and merinos improved on in creased continental demand. Cross .breds were .bought freely by the home trade, good medium and coarse snowing a hardening tendency. ADVICE TBAVtLEKS' GUXDB. PORTLAND KT. LIGHT POWER CO, CASa LEAVE. Ticket O It Lee moat. Waltlnc-Roaxa. . First and Alder bumU FOB Oregon City I. 6:30 A If., and every 30 minutes to and Including B P. X.. than 10. 11 P. lLi last car 12 mid night. dresham. Boring. Kagte Creek. Ksta cada. Cmsadeo. s-alrvftcw and Xruulaia 1:15. 8:15. 11:16 A. H.. 1:16. s:&, O.li, tio P. M. FOB VAJiCOC.TiB.11 Ticket otxica and waltinjc-room Sscond and wahlncton streta- A. M 6:15. :S0. 7:35. 8:00. :a. :10, 9:50. 10:30. 11:10, 11:50. P. If. 13:30. 1:10. 1:50. 2:30. 3:1a. 8:50. 4:80. 5:10. 5:50. 6:30. 1:04. 1:40. S:13. S:2S. 10:35t ll:45t- On Third Monday In Every Month the Last Car Leaves at 1:05 P. M. Dally except Sunday. tOally excest forth QermanAloyd. Fast Express Service PLYMOUTH CHEKBOl'RU BKEMEX 10 A. M. Kaiser Wm II. Mar allCec-III (new). Apr. 14 Kaiser d. Gr.. Apr. 7 Kronprlnz Wm. Apr 21 Twin-Screw Passenger Service PLYMOUTH CHKRBOl'KG BREMRN" 10 A. M. Barharossa . ..Aprn 9i Harharossa ....May 21 Kurfuerst . ...May TlKurfuerst ....June 11 Bremen direct. Meiiterraneajn Service GIBRALTAR X A I'LtS-GENOA, AT 11 A. M. P. Irene Apr. 4! K. Luise ....Apr. 18 Friedrich Apr. Ill K.' Aitvrt May 2 Xorth German I 1 m .1 Tntv.l.M' -hli. Oelrlehs r Co., Avents. 5 Broadway, N. Y Robert Capelle, Gen'l Paclnc Coast Agent. San Francisco. CaL ftamburg-Jtmerican. REOl'LAH SAILINGS BY STEADY MODERN', LUXURIOUS LEVIATHANS. JUoDdon-Puria-Hunibursr. Patricia Apr, 4, Pretoria Apr. 11 Amerika (new). Apr. ; Kalseriu. (new), Ap. 23 .ilraItnr-Niiile-4enoa Hamburg . ..Mar. 31HdmtuiK May 14 Moltke Apr. 21 Molike June a Norway, Sweden, Rueaia, Kto. Send fur iilu.-t rated ian,i,hle Ui describing our famous Summer cruises. HAMBLIUi-AMKKlCAN IJ'B 08 Market tStreet, ban Fmnelttco. and K. R. offices in Portland (.agenitj). North Pacific S. S. Co's. Steamship koanoke and Geo. W. Elder aii lot iuieka, ban iraucisoo and Los Angeles direct every Thursday at 8 P. M. Ticket office 132 Third St., near Alder. Both phonea, M. 1314. H. Toun.sr, Agent ' ' " ' ' t SanFranclsco and Portland Steamship Company Fast and Commodious Steamers. Only Di rect Sailings! Only Sailings by Daylight. From Ainsworih Dock. Portland. 4 P. M Kow City. March 7, April 10. Senator, April 3. From Spear St. San Francisco, 11 A. M. Senator. March 28, April 11, 25. Rows City. April 4, 18. May 2: J. W RANSOM, Dock Agent. Phone Main 2ttS. Alns worth' Dock. SCANDINAVIAN-AMERICAN LINE 10,000 Ton Twin-Screw Passenger Steamers Direct to Norway, Sweden and Denmark ' ai..g iii-m .e. n.iK ai noon. United Static. Apr ltV Hellig OIav...May 14 C. T. Tieteen, Apr 23 6albnn $75 and- up; Sfcnnd cabin. K'T-M). A. K. JohnNon Co., Miiineapli, Minn. COOS BAY LINE The steamer BREAKWATER leaves Port land every W ednekiiay at a p. M. from Oalc-sti-eet dock. lor .Norm iiuiL Mortiulleld and Cooe Bay points. Freigiit received tUl 4 p. 14. on day of sailing-, passenger fars, first class, $10; second-ciass. S7. including barta and meals. Inquire city ticket office. Third and Washington streets, or Oak-street dark WILLAMETTE RIVER ROUTE Steamer Pomona for Salem, Independence Albany and Corvallls, leares Tuesday Thursday and Saturday at 6:45 A. II- fetesmer Oreguuia for Salem and way land ings, leaves Monday. Wednesday and Friday at :4o A- M. UKEtiON CITY TRANSPORTATION CO Off les and Dock Fcwt Taylor 8 treat. Phone: Uain 40: A 2331. C. 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