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

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    THE 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. GEE WO
The TVrll-Knowa
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CHINESE
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The C. Gee Wo Chinese Medicine Cas.
162Va iirt St.. Cor. MurrUOB.
Portland. Oregon.
Flemso Beentioa Ihia Paper.
State Medical Institute
Specialists
OlDEST In experience RICH
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STATE MEDICAL INSTITUTE. 172 Wash
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CHICHESTER'S PILLS
Mrc THE IMAMUNU BRAND. !
DIAMONft BKAMI J1LI.K. for &
jw -utrwn u dcsi, 3ieST.. Always KCiiuil
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Savin and Cotton Root Pills.
The best and only reliable
remedy for DKLAIED PER.
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fills ia Ked snd Uold metimAV
boxes, sealed with Mue Ribbon. f
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