Morning Oregonian. (Portland, Or.) 1861-1937, April 29, 1908, Page 17, Image 17

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    THE MORVIXG OREGOXIAN. WEDNESDAY, APRIL 29, 1908.
IT
SUPPLY IS REDUCED
Only 13,000 Bales of Hops
Left in Oregon.
OF LAST YEAR'S CROP
Active Market Is the J&esult of Ex
tremely I vow Prices Small Busi
ness on Hoard of Trade.
Strawberries id Ieniand.
Oregon 'hops are rapidly passing out of
growers' hand and In about two months
more, at the present rat, the atate will be
entirely cleaned up. Of the 13.000 bales of
last year's crop remaining unsold, the greater
portion Is of 'low grade, aa Is ahown by the
difficulty of filling order for choice or prime
qualities.
A carefully revised list shows the follow
ing quantities of 190T hope unsold In the
everal counties';
Bale.
6.18
1.751
1.702
2,HiO
TO
14H
ms
Bia
14 Hon
I'olit
Tamhlll . ..
Lane and LA an ...
Clackamas .
Kenton
Josephine . .......
Washington .
Total . 13,311
The stock of olda Is also nearly exhausted.
Dot to exceed 6O00 bales remaining in the
hand of grower In Oregon. Advices from
California are that about 28,000 bales of all
growth are uavoM, while about tiOOO bales
of 1807s and 1006s are left In Washington.
The freedom of the recent movement Is at
tributed solely to the cheapness of prices,
which Is enabling brewer to stock up agalnM
future neede. Values range from 3 to 5
cents on laM jear'a crop, while olds are
worth about a cent.
Among the transactions reported yeerterday
waa the ale of the Scott & Johtuion crop of
93 balea at Gaston, at 0 cents, bright by
A. J. Ray & Son. The name firm bought 107
bales at Harrlsburg at around 5 cents. Harry
1. Hart purchased several small lots, ag
gregating 200 bait, at 3 to 3 cents.
Dorcas Bros, have aleo been heavy buyers,
securing 1060 bales In the past week at 2 to
4 cents.
Contracting Is not as active as It was re
cently. Some one-year contracta at 6 cents
nd half the rise are reported and a few
three-year contracta have been written aa
low a 9 cents for each year.
Cultivation la general In most parts of the
Valley and the yards present a thrifty ap
pearance. The weather In the Winter and
early Spring haa been Ideal for the roots1.
CALIFORNIA ONIONS REACH MARKET.
'lrat Carload Kver Received From Ther
maJ Htmwbcrrlrs In Demand.
The first car of Bermuda onions ever
brought to thla city from Thermal, Cal., will
.be distributed oji Front etreet this morning.
It fci understood they will fell at the same
price as the Texas Bermudas which ara
moving actively at 92.75 per crate.
The bright weather created an exceedingly
strong demand for strawberries yesterday.
Only 136 crate were received, not half
enough to fill orders. Jessies sold firmly at
92.2ft per crate and Dollar berries1 brought
$250. Cherries' were more plentiful, but
were poor sale at $2 per box. Oranges are
brooming scarce and .something of a famine
In this article Is expected. One car of navels
came In yesterday. A car of lemons was due
last night.
Among the vegetable receipts "was the first
shipment of Coachella eggplant, which sold
at lftc per pound. toast em eggplant was
quoted at lMfWc. Oregon rhubarb was very
plentiful ant offered at 2$ 3c rer pound.
BUYERS OF BITTER HOLD OFF.
3-; xpert In g lowrr Prices Friday, Purchase
Are Small.
The announcement by some of the city
creameries of a probable decline In butter
r rices on May .1 naturally has not stimu
lated business. Buyers are only taking
enough for their day to day requirements and
supplies are piling up to a more or less
degree Id all quartern.
Several city creameries are understood to
have shaded the established quotations aa a
result. On Front street the best established
brands are offered at 2214 cents. Orders from
the Sound cities were again reported y liter
day, but as the Northern markets have gone
off 2 cents. It Is likely this demand will be
curtailed.
The egg market was steady on the street
at 17 to 17V4 cents, with buying of fair
Volume.
There wa a good Inquiry for poultry of
avll descriptions and the day's arrivals were
moved at firm prices.
CHAIN HULKS COMMITTEE TO MEET.
Two More Sample Tables Are Taken By
Exporter.
A large number of grain men attended
the session of the Board of Trade yester
day morning. Two more grain sample
table were disposed of to wheat export
ing firms. A meeting of the grain rules
committee will be held at the rooms of the
board at 4:30 P. M. today, when a report
jalll be made on the rules submitted.
The attendance at the produce call wna
unall. The following sales were posted:
Offer to buy C.M pounds choice fresh
Creamery butter. 21c.
Offer to sell One car feed barley, to ar
rive, fZLAO track.
Sale ti.0 pounds choice fresh creamery
butter, 21c.
Export Flour TraUn Dull.
The continued fall in exchange operate
against a revival of the Oriental flour
trade, and millers and exporter are, there
fore unable yet to make capital out of the
sharp reduction in freight rate. Wheat
wa teady and unchanged yesterday and
trading was quiet. There were no new
developments In the other cereal markets.
Bunk Clearings.
Clearings of the Northwestern cities yes
terday were as follows:
Clearings. Balances.
Portland $ SStt.U'7 $ir.:..K.S
Seattle 1.0M.;itf J2S.SJ7
Tacoma 041.7.10 70..VJ4
Spokane 704. 374 1 11.630
BOARD OF TRADE QUOTATIONS.
Grain. Flour and Feed.
WHKAT Track prices- Club, 83 H 860. per
bushel; red Rucsian, SttfSc; blurs lem, 87
If8e; Valley, 8.ltf$Gc.
FLOVR Patents. $4.63 per barrel;
straights. $3.83 it 4 35; exports, $3 5093 63:
Valley, $4 45; , - wi k graham. $4.15; whole
w heat. $4. 40; rve. o -5.
BARLEY Feed. $::4 per ton; rolled,
272H; brewing, $26.
OATS No, 1 white. $2.5027 per ton:
gray. $26
MILLSTCFFS Brnn. $26 per ton: mid
dlings. $30 50 ; shorts, country. $28. 50; city,
$27; wheat and barley chop. $27.50.
HAY Timothy. Willamette Valley, $1T
per ton; Willamette Valley, ordinary. $15;
Eastern Oregon. $17. mixed, $16; clover,
$14; alfalfa, $12; alfalfa meal, $20.
Frutt and Vegetables.
POTATOES Select, selling price. 70c pir
hundred ; Willamette Valley, buying price,
5o pr hundred; East Multnomah, buying
price. 35a; Clackamas, buying price. 33e per
hundred; new California, 4dc per pound;
aweet, 5c per pound
APPLES Select. $2 50 per box; fancy. $2;
Choice, $1.50; ordinary, $1.50.
ONIONS Job price. $4. 75&3 per hundred:
buying price, $4. 2594. 50 per hundred: Texas
Bermudas, $2-75 per crate; garlic, 25c per
pound.
FRESH FRCTTfl Oranges, $2 50 3 per
box ; lemons, $2. 75 3.75 ; strawberries, $2
per crate.
VEGETABLES Turnlpa. $1 per sack;
carrots. $1.509175; beets. $123: parsnips,
$1 2fl; cabbage. $2 00 per cwt. ; tomatoes,
Florida. $3.75 4 per crate: Mexican. $2;
cauliflower, local, 25 75c; head lettuce,
40c per doxen; cucumbers, fl.752 doxen;
celery. S5c $1 per doxen ; artichokes. 50c
per dox.; asparagus. 9Htf7Hc pound; beans,
20c per pound; egg plant, 25 9 30a Per
pound; parsley, 25c per doxen; peas, 78c
per pound; peppers, 20c per pound; rad
ishes. 15c per dozen; rhubarb, 394c per
pound; spinach, 85c per crate.
Butter, Eggs and Poultry.
BUTTER Extras, 25c pr pound; fancy.
24c: choice, '22 store, 16c.
EGGS Los and commission off 17c per
dozen.
CHEESE Fancy cream twine, 15He per
pound ; full cream triplets, 16c; full cream
1 oung Americas, I6c: cream brick, 2Uc;
Swiss bik.. 20c; limburger, 22c.
POULTRY Mixed chickens. 13c per lb.;
fancy hens, 14c; roosters, old, 9c; fry
ers, dox., $4; broilers, dox., $4-5093; dressed
poultry, per lb., lc higher.
Meats and Provisions.
lRESf?ED MEATS Hogs, fancy, THfl
per pound; ordinary, 7c: large. 596c; veaL
extra, S98jc; ordinary, 797tec; heavy, 6c j,
mutton, fancy, 10c.
HAMS Ham. 10-13 lb., 15c per pound;
14-16 lb., 14Hc; 18-20 lb., Ufcc.
BACON Breakfast, 1322c per pound;
picnic. 10c; cottage roll, lie.
DRY SALT AND SMOKED Regular
short clears, smoked. 11 He per pound; un
smoked, 10c; unsalted bellies. 10-13 lbs.,
smoked. 10913c; 10-13 lbs., unsmoked, 12c;
clear bellies, unsmoked, 13c; smoked, 14c;
shoulders, lie; pig tongues, $19.50.
LA R D Kettle leaf, los, 12 c per pound;
6. 12c; 50s, tins. 12kc; S. rendered, lua,
like; 6; U7c; compound, 10.
JOBBERS QUOTATIONS.
Fruits and Produce.
FRESH FHUITS Grapefruit, $2.T31
8 25; tangerines, $1.50 per box; bananas,
54c per pound; crated, 6c; cherries, $2 per
box; strawberries, $2,259 2.50 per crate.
VEGETABLES Peas, 4(&7c per pound;
beans, 224c; asparagus, 78c; head lettuce,
359 40c per dozen; pfas. 6(c7c; rhubarb, Xty
3-; eggplant. Eastern, 159 20c; Co&chella,
15c. .
DRIED FRUITS Apples, 10c per pound,
peaches, 11912Vc; prunes, Italian, 596o;
prunes. French, 39 6c; currants, unwashed,
case. 9&c; currants, washed, cases. lOo;
figs, white, fancy, 00-pound boxes, tla
EGGS Oregon ranch, candled, 179 17 Vic
per doxen.
POULTRY Fancy hens, 14914c; mixed,
13 14c; roosters, 9 loc; fryers, 25926c;
broilers, 21925c; ducks, 17918c; geese. 89
ttc; turkeys, alive. 14915c; dressed. 17918e
Groceries, Nuts. Etc
RICE Southern Japan, au; head 6tt9
7c; imperial Japan, ttlfec '
COFFEE Moon a, 24928c; Java, ordinary,
1792uc; Cos la Rica, fancy, 18920c; good
16918c; ordinary, 12916c per pound. Co
lumbia roast cases, lOus. $14.50; 60s, $14.76;
Arbuckle, $16-03; Lion, $15.8S.
SALMON Columbia River, 1-pound tails.
$2 per doxen; 2-pound tails. $2.15; 1-pound
Cats, $2.10; Alaska pink. 1-pound tails. 90c;
red. 1-pound talis, $L5; socatcyes. 1-pound
tails. $2.
SUGAR Granulated, $6.43; extra C, $5.95;
golden O, $5.b5; fruit and berry sugar,
$0.55; plain bag, $ti.35; cube tbarrela),
$6.85; powdered (barrels), $0.7O. Terms: On
remittances within 15 a ays deduct ao pet
pound; if later than 15 days, and within Wl
days, deduct Ho per pound; Alaple sugar.
lU18c per pound.
NUTS Walnuts, 16H9l8o per pound by
sack; Braxll nuts, 16c; filberts 16c; pecans,
16c; almond I6H9I8C, chestnuts. Ohio.
25c ; peanuts, raw, 6 9 8 H c per pound!
roasted. lUc; pinenxits, 10912c; hickory
nuts, loc; cocoanuu, yoc per dozen.
KALT Granulated, $18 per ton; $2.24
l,er bale; half ground. 100a, $13.60 per ton;
ftus. $14 per ton.
BEANS Small white. 4o; large whits.
4 4Uc; pink, 3.B5C; bayou, 3.86c; Lima 6c;
Mexican red, 4 He.
HONEY Fancy. $36098.75 per box.
CEREAL FOODS Rolled oats, cieam. 90
pound sacks, per barrel, $7 ; lower grades,
$3 50 9 6. 50; oatmeal, steel-cut, 40-pound
sacks, $8 per barrel; 9-lb. sacks, $4 25 per
bale; split peas, per 100 pounds. $4.2594 80;
pearl barley, $4.5t95 per 100 pounds; pastry
Hour, 10-pound sacks, $2.7f per bale; tlaked
wheat, $2-75 per case.
Hope, Wool, Hides, Kte.
HOPS 1WU7, prime and choice,
per uuund ; olds, 1 u 1 Ho per pound.
4 930
WOOL Eastern Oregon, average best, II
9 15c per pound, according to shrinkage;
Valley, 12 915c, according to quality.
MOHAIR Choice, I89I8HC per pound.'
CASCARA BARK ;iv per pound.
HIDES Dry, IK? ltf feu; dry wit, Xo. 1,
under 3 lbs., 14 916c; culls, 2c per lb, less;
salted hide, 6c; salted calf, tc; green
(unsalted), lo per lb. less; culls, lc par
ib. less; sheep skins, shearlings, $io. X
butchers' stock, each, 259UOc: short wool.
No. 1 butchers stocK, each, 60960c: me
dium wool. No. 1 butchers stock, each, 7 50
9$l-00; long wool. No. 1 butchers' stock,
each, $1.2591.50; horse hide, salted, each,
according to size, $2.00 9 2. 50; dry, accord
ing to size, each, $1.0091-60; colt's hides,
each, 25 9 50c; goat skins, common, each.
13925c; Angoras, with wool on, each, 3vc&
$1.50. V
FURS For No. 1 skins: Bear skins, a
to lz. No. 1, each, $5.00910.00; cubs,
each, $193; badger, prime, each. .20950c;
cat, wild, with head perfect, 30950c; house.
&920e; fox, common gray. large pitme,
each, 40950o red, each, $395; cross, each,
$5913; silver and black, each. $1UO0
800; fishers, each, $598; lynx, each, $4 509
6 00; mink, strictly No. 1, each, according
to size, $193; marten, dark northern, ac
cording to six and color, each, $109 16;
marten, pale, according to size and color,
each, $2.5094 ; muskrut, large, each, 12 9
lfic; skunk, each, 30940ci civet or polecat,
each, G 9 10c; otter, for targe, prime skin,
each. $69 Hi; panther, with head and claws
perfect, each, $2 93 raccoon, for prims
large, each, SO 73c; wolf, mountain, with
head perfect, each, $3.0096.00; prairie
(coyote), 6Oc$1.00; wolverine, each, $60
B00.
Coal OH and On wot Inc.
REFINED OILS Water white, Iron bar
rels, 10 S c; wood barrel. 14 He Pearl oil,
cases, 18c; head light, Iron "barrels, 12Hc;
cases, 1 9 He; wood barrets, 16 H c. Eocene,
cases. 21c. Special W. W., iron barrels,
14c; wood barrels, 3 Sc. Elalns, cases, 28c.
Extra star, canes, 2lc.
GASOLINE V. M. and P. naphtha. Iron
barrels, 12Hc; cases. 30Hc. Red Crown
gasoline, irrn barrels. 16 He; cases. 22Hc;
motor gasoline, iron barrels. 15 He; cases,
22 H c; Stl gasoline. Iron barrels, SOc ; cases,
37 He; No. 1 engine distillate, Iron barrels,
Vc; cases, 16c.
BOSTON WOOL MARKET IS QV1ET.
Prior Are Wetvk. and Situation Is Vnaatls
fifcctory. BOSTON. April 2. The local wool situ
ation continues unsatisfactory; trade is quiet
and transfers have been few, dealings being
almost wholly confined to small lots. Prices
are weak. Mills report further curtailment.
Transactions of any magnitude have been
confined to territory wool, in which there
have been sales at fairly good prices, notably
18.000 bags of fine clothing at 50 cent on a
scoured basis.
t'alifnrniR Northern r"fff57c: middle coun
ties, 50952c; Southerns, &3tfK3c; Fall free,
4ii tf 4 Sc.
Oregon, Eastern No. 1 staple. OS ffr ijOc ;
Eastern No. 1 clothing, 53955c; Valley No.
I, 4J6Vc.
Territory, fine stnple, r8fftt0c; fine medium
staple. 55 f? Srtc; tine medium clothing, 4Sf
00c; fine clothing. SOUT.Vtc; half blood, 4SD
52e; three-eights bloods, 48950c; quarter
blood. 43 9 4,1c.
Pulled, extra, 60902c; fine A, 53957; A
supers, 44 cf 48c.
Wool at St. I,ru Is.
ST. LOUIS. April 28. Wool Steady. Me
dium grades combing and clothing. IHAHOHc:
light fine. 14frl4c; heavy fine, 10911c; tub
washed, 109 :!tic.
Metal Markets.
NEW YORK, April 2S. There was quite
a sharp decline in the London tin market
with spot closing at 142 los and futures
at 141 15s. locally the market was eauy
and lower in sympathy with Quotations rang
ing from 31.45c to 31.50c.
Copper was 5a lower In London with spot
quoted at 57 7s tid and futures at 58. Lo
cally there was weak tone but prices were
unchanged. lke Is quoted at 12.12H9
12.87H-': electrolvtlc 12.5o9 12.75c and cast
ing at 12.2541 12.50C.
Lead was unchanged at f!3 In London.
Locally the market was firm and a shade
higher at 4fi4.t5c.
Salter declined to 21 In London market,
but Is quiet and unchanged at 4.6094-65c
locally.
Iron was lower in the English market with
standard foundry quoted at 5os and Cleve
land warrants at Ms 3d. The local market
was unsettled. No. 1 foundry Northern,
$17.5ti If..; No. 2 Northern. $l717.5t: No.
1 Southern, and No. 1 Southern soft. $16.60
17.23.
BIG DAY liJ STOCKS
Sales Are Largest Since the
Panic Period in October.
MUCH STRENGTH IS SHOWN
Cnion Pacific the Conspicuous
Leader in the Advance Carries
Other Securities Vp With It.
General Trade Reports Poor.
NEW YORK, April 28 The stock
market today gave a striking demonstration
of strength and expanded substantially in
volume.- The figures of the aggregate sales
do not fully bear out the appearance of ex
treme animation in the market, which was
due to great activity In several selected
stock. These were, at the same time, the
most conspicuously strong stocks in the
market and were carried up to prices not
touched sines sometime before the financial
crisis of last October.
Union Pacific was the conspicuous leader
of th movement and Its price haa recovered
more In proportion than any other stock In
the list. Sales also were the largest since
the panic period in October. Today's move
ment carried with that stock in close sym
pathy other members of the transcontinental
group in which conditions resemble most
clearly those in Union Pacific. The move
ment was spotty and uneven, some promi
nent, stocks coming ta:-dlly into the move
ment and some failing to respond at all. In
the former clasi were the metal industrials.
The advance showed every evidence of skil
ful and resourceful leadership, and the con
viction was general among the rank and file
of operators that It had the ravor and sup
port of the great powers in the banking,
railroad and financial world.
News developments continue mixed in
character, abundant money resources on the
one hand and continued depression in In
dustry and commerce on the other. The
aggressive advance in prices of railroad
stocks In face of the Insistent complaints of
railroad officials of contracted earnings and
Government restrictions, which hamper ef
forts for recovery, makes an impressive
contrast and suggests a motive of policy de
signed apparently to assuage hostility. Of
more Immediate effect was the belief that
support had been secured for the coming
1'nion Pacjfla bond Issue with large foreign
participation. A special argument in the
case of St. Paul was the supposition that
parts of the company' Pacific Coast exten
sion will begin earning something in a short
time. Northern Pacific was especial ty
strengthened by the renewal of the old
speculative rumors of an Intended large ex
tra distribution of profits.
The Issuance of the call by the Secretary
of the Treasury for the return of $45,000,000
of Government deposits with the banks, an
instalment of $20,000,000 payable on or be
fore May 9. met an expectation long held
in the financial district and caused no ripple
beyond some- decline In foreign exchange
s-ates, which were later removed for the
most part.
Figures of the United States Steel quar
terly report were not available before the
stock exchange session closed, but the earn
lnss conformed closely to estimates current
for several days past.
Bonds were irregular. Total sales, par
value, $4,340,000. United State bonds were
unchanged on call.
CLOSING STOCK QUOTATIONS.
Opening
. . , Sales. High. Low. Bid.
Aaams Express ..... ... . 175
Amal Copper .... 44.30 61 "ciiU 6iHi
Am Car & Foun. 3,HM 34 ".s 34 ' 34 U,
do preferred ... lot) 06Vx IHt
Am Cotton Oil... 2.300 20 27 27
do preferred ki
Am Express j)o
Am Bd & Lt pf. 3lR lVj 19 184
American Ice ... 1,900 24 24 W 24
Am Linseed Oil.. , ... 914
do preferred 22
Am Locomotive... 3,4X 47 "ifti. 4i'4
do rreferred ... U) ftf w i
Am Smelt & Ret 38,6ot 72 7u 71 34
do preferred ... 9; 9 '
Am Sugar Ref... 1,2ih 129 127 V 327ai
Am Tobacco ctfs. 200 iti nj - no
Anaconda Min Co. 7,tJoo .H 38 3xi
Atchison 91,500 M 7tH Tti.
do preferred ... 400 h 80 S1H4
Atl Coast Line. . 2.6oO HI A 77 tuZ
Bait & Ohio 6.500 8&f2 85
do preferred
Brook Rap Tran. 14,300 48 47 V, 4714
Canadian Pacific.. 13,400 158 155 156
Central of X J !
Ches A Ohio 4,4iKl 344 34 3;t
Chi Gt Western. 40 65 6 B ij
Chicago & X W.. 7.o0 Ifrftti Mi-v
C, M & St Paul.. 47.400 12il 12GW 127
Chi Ter & Tran 0
do preferred . 25
C. C, C & St L... l.ioo f.7 7.5 r,7l4
Colo Fuel & Iron 6.Ot0 23 1:4 C 24
Colo ft Southern.. 1,800 32 1 31 31
do 1st preferred. loO A0ia fin 14 fii
do 2d preferred. 2tH) fio fio
Consolidated Gas. 0,800 123 117 120'
Corn Products ... 8.8of 15 14 14
do preferred ... 4oO 70 tv 7ou
Pel & Hudson ... l,3i 161-4 1W 160
Del, Lack & West 000 479 475 4S0
D & R Grande ..... ui
do preferred fto
Distillers Securl.. 1. 500 S.'l 32 ;ciU
Erie . l.iXK 1 ihu ihu
do 1st preferred. 700 3414 34 34
do 2d preferred. 40O 24 U 24 24
General - Electric. 5oo 134 133j i:t.m
Illinois Central 2,4(-0 133 121' 132
lilt1 Paper
400 loy;
10
9
do preferred
Int Pump
do preferred
Iowa Central
do preferred
K C Southern
do preferred
n.f. 'a
7Ts 7o 704
70T4 70 701.
l's K 15Va
35 35 35
200
200
2.000
1,000
0t
Ti 23 '4
1.800 MM
55
Louis & Nashville
loo joo UH
Ill'JU
Mexican Central.. 2.4W 5 14 15
Minn A St Louts. 200 244 24 24
M fit x a. a a tli 110 ' - . .. .....
' - . 1 un .i74 1 1 I fi
do preferred i
Missouri Pacific. . 4.5.0 4 454 46
Mo, Kan & Texas 6,80 2 25, 25
do preferred ... 70 RHh &H 0H
National Lead ... 6.7O0 58 67 o7
Mex Nat R R pf . , 471?
N Y Central .... 11.400 101 IttO loo
N Y. Ont & West. D8.90O 34 34 34
Norfolk Western 1,100 65 65 65
do preferred . 4
North American.. oo '60 fs" 57
Pacific Mail
"OO
26
Pennsjlvanla 34. .too 121 120 121
People's Gas ... 3.."i0 92 81 91
r, u w ni looms' lint ,a 72 71
Pressed Steel Car. lJkMl 30 20 20
do preferred ... 4K 86 K5 K4 .
Pullman Pal Car l.fsK) Hio 158 160
Reading 185,700 110 Kt loflii,
do Int preferred g1'
do 2d preferred. 700 81 80 s"i
Republic Steel ... l.TOo IS 7 17
do preferred ... 2.700 6N 68 67
Rock Island Co.. 6.100 Ht ir i
do preferred ... 16,5N) 83 31 3'
St. L S F 2 pf. 9O0 29 28 -Si;
St L Southwestern 40 14 14 i:t
do preferred ... oo 35 35 34
Southern Pacific .. 40.6OO 79 77 7K
do preferred ... 4oO 115 H4 114
Southern Railway. 3. 000 15 15 j.mZ
do preferred ... 5o0 41 40 39
Texas & Pacific. 6M 19 18 is
Tol, St L & West 2oo 17 17 17
do preferred ... 5oo 41 40 40
Union Pacific . . . .206.600 3S 135 136
do preferred ... l.OoO 80 0 80
U S Express K5
U S Realty -. 4-
U S Rubber 1.100 21 20 214
do preferred . m
U S Steel 10.800 87 35 36
do preferred ... 9.400 101 loo 101
Va-Caro Chemical 4o 21 21 21
do preferred . . . 40 93 2 U H5
Wabash 40 n 11 i,
do preferred . . . 400 10-14 10 in
Wells-Fnrgo Ex 800
estlTighu5e Bleo fXi M 55
Western Union ... (V" 62 51 51
Wheel A L Erie 3oO 8U 8
tt'lsrnn ri n Pont ml. 1 0t) 1 ASi 1 s.7
1"0 16 1ML
do preferred
ftoO 41 4oii iUL.
Northern Pacific. 8o.ftn i:t4 l3o 13o
Central Legber .. 3.2m 25 24 24
I "J I'liriiru ... W'H . ru Ml
Snoss-Pheffleld
Gt Northern pf . . 34.4"0 129 12644 l'T.
Inter Mt ft.oort 1 lo jo
do Dreferred . . . 2.000 2N 11 r ui
Utah Copper 1.300 81 30 30
Total sales for the day, 1.112,000 shares
BONDS. NEW YORK. April 28. 'Closing quota
tions;
U. 8. ref. 2 reg
U. S. ref. 2s cou
U. S. 8 reg . .
U. a 3s Cou. .
io3;n. y. c. g. 8i
I04 Nor. Pac. 3s ... 72
100 Nor. pac. 4a ..100
10lSou. Pac. 4. old 86
110 Union Pacific 4s 100
C. B. new 4s reg.
IT. S. new 4s cou
iM " s. fon. s ... v.!
Atchison Adj. 4a
e-t iapanese 4 . . 76
D. Rio G. 4s
Stocks at London.
LONDON April 2S- Consols for money,
S6 7-16: consols for account, 86.
Anaconda ...$ 7.72 !N. Y. Cen. ..103 50
Atchison - .. 82 12 Nor. A Wt... 67 50
Atchison pf.. frfl.OO J do pfd .... 83.00
iiatt, ac u.... S7.au -ynt, st WL . 35 00
160.12
24.12
3.50
131.00
10 73
21.70
56 0O
19 13
35.50
14.62
1.T2.00
io.-,.o
26.73
JPenn 62. 1 a
Rand Mines . 3.36
Reading .... 56.25
'Sou. Ry 15312,
Sou. Ry pf . . 42.0O
Union Pac. .. 80.12
jUn. Pac. pf . 84 OO
U. S. StI 36 60
fU. S. 6tL pf. 102.75
IWabash .... 11.S0
Wabash pf 19.50
Spanish 4s. . . 92.73
Amal. Copper 61.75
Money Fxrhange, JRte.
NEW YORK, April 28. Money on call,
easy, lfff2 per cent; ruling rate, 1 per
cent; closing bid, 1 per cent; offered at 3
per cent; time loans, slightly firmer but
dull; 6O days, 2 per cent; 90 days, 2 (3
per cent; six months, 3f3 per cent.
Prime mercantile paper. 4 per cent.
Sterling exchange easier, with actual busi
ness in bankers' bills at $4.87204.8723 for
demand and at $4. 84656 4.3470 for 60-day
bills. Commercial bills, $4.8.
Bar silver 53 c.
Mexican dollars 47c.
Government bonds steady ; railroad bonds,
Irregular.
LONDON, April 28. Bar silver Steady,
24 l-16d oer ounce.
Money 2 per cent.
The rate of discount In the open market
for short bllJe Is 2 per cent. The rate of
discount In trie open market for Varee-mantha'
bills Is 2 13-16-2 per cent.
SAX FRANCISCO, Aarll 28 Silver bars
3c.
Mexican dollars SOc.
Drafts Sight, 2c; telegraph. .05c.
Sterling On London, 60 days, $4.85; ster
ling on London, sight. $4.87.
J Dally Treasury Statement.
WASHINGTON, April 28. Today's state
ment of the Treasury balances In the gen
eral fund shows:
Available cash balance $250,448,720
Gold coin and bullion 16,08,423
Gold certificates... 24.267,210
PORTLAND LIVESTOCK MARKET.
Price Quoted Locally on Cattle. Sheen and
II Of.
There was a fair demand for sheep yes
terday at current nuotations. which to a
degree steadied the market and averted
the chance of a decline In the Immediate
future. The cattle and hog; markets con
tinue to show much strength, as receplts
are generally under requirements. Arrival
at the yards yesterday were SOO sheep, 85
cattle. S5 notes and 17 lambs.
The following quotations were current on
livestock on the local market yesterday:
CATTLE Best steers, $5; medium. $4.f0
(r4.75; common. $3.50 r? 4; cows, best, $4;
common. $3.50g 3. 75; calves, $4 4 50.
SHEEP Best wethers, $6; ewes, $B5.50;
Spring Iambs, $0fi?6.5O.
HOGS Best. $ii6.25; medhim. $3-7506;
feeders, $5.2O3.50.
Eastern Livestock Markets.
CHICAGO. April 28. Cattle Receipt.
200O; market, easy. Beeves. $4. 507. 10:
Western steers, $4.60itc5.60; Blockers and
feeders, $3.oO5.6o: cows and heifers, $2.40
fct 4i; calves. $4.506 23.
Hog Receipts. 10,000; market, 5 10c
higher. Light. $Y155.60; mixed, $5.15
5 65: heavy, $5.105.62 ; rough. $3,100
5.30; good to choice heavy, $5. 305. 62 ;
pigs, $4 20(95: bulk of sales, $5.505.60. '
Sheep Receipts. 14,000; market, easy.
Native sheep. $4.806.25; Westerns. $4.75
6 40; yearlings. $6.507; lambs, $67.0O;
Western lambs. $67-60.
KANSAS CITY. April 88. Cattle Re
ceipts, 1000; market, steady to 10c lower.
Native steers. $5. 25 if 7; native cows and
heifers, $3.50 6 50; stock era and feeders,
$3.50& V8: bulls. $3.50(0 5.50; calves. $4 &
6 25; Westerns, $5 & 6.80; Western cows,
$3.5003.25.
Hogs Receipts. 14.000; market, S310o
higher. Bulk of sales, $5.3055.43; heavy,
$5.4O(g5.30; packers and butchers, $5,300
5.50; light, $5.2Ot&3.40; pigs, $44.40.
Sheep Receipts. 10,000; market, weak.
Muttons, $5(WB.2'; lambs, $ft7.35; range
wethers, $4.75&6.25 fed ewes. $4.2535-75.
SOUTH OMAHA. April 28. Cattle Re
ceipts, BiOO; market for steers, loo lower;
cows and feeders, steady. Native steers,
$Rrt.70; native cows and heifers. $3.5066;
Western steers, $3.75 5.50 ; range cow and
heifers. $2.73 (g'4.50; canners, $2ft3.25;
storkers and feeders, $3&3.30; calves, $30
600; bullH and stags, $3ti)5.
Hogs Receipts. 11.0OO; market, strong.
Heavy. $5.27 "& 3.37 ; mixed, $5.20g3.30;
light $3.25 Of 3.33 pigs, $44.50; bulk of
Bales. $5.25 5.30.
Sheep Receipts, 3500; market, steady.
Yearlings, $5603; wethers, $505.85; ewes
$4.503.S5; lambs, $7 7.50.
QUOTATIONS AT SAN FRANCISCO.
Price Paid for Produce In the Bay CRy
Market.
SAN FRANCISCO. April 28. The follow
ing prices were quoted in the produce mar
ket today:
Vegetables Garlic, 20 25c; green peas,
$lfrl.50; string beans, UKa 12 e; asparagus,
311 0c; tomatoes, $l.rHN2.50; egg plant. 12 c.
Poultry Roosters, old, $4b4.5U; roosters,
young. $7.0010; broilers, small. $3&'3.50;
broilers, large, $4.50'ft5.50; fryer, $7(5' 8;
hens, $4,5049; ducks, old. $4(g)0; young,
$5(&7.
Butter- Fancy creamery, 22c; creamery
BffimiiF, zi c; rancy aairy,
1W.
.fc-gge-
Ctiees
-Store. 19c; fancy ranch. 21c.
s New, 11 012c; Young America,
124i 13c.
MlllstufCs Bran, $3132.50; middlings.
$3336.
Wool Spring, Humboldt and Mendocino,
20 22c; South Plain and San Joaquin, 50
7c; lambs, 010c.
Hops New and old crops, 15c; con'
tracts, 81illc.
Hay Wheat. $10f?20; wheat and oats,
$16vpl9; alfalfn. $914; stock. $8gl0; straw,
per bale, 35 0Oc.
Fruits Apples, choice, $1.73; common,
60c; bananas, $1 3.50; Mexican limes,
nominal. California lemons, choice, $2.50;
common, 75c; oranges, navels. $1,850 2-75;
pineapples, $ 1. 50 3-50.
Potatoes Early Rose, $1.3501.50; Sweet,
$2ft:t; Oregon Burbanks, K3cifi$1.60.
Receipts Flour. 0725 quarter sacks; wheat,
1015 centals: barley. 8075 centals; oats. 5
centals; beans, 2515 sacks; com, 190 centals;
potatoes. 2iV70 sacks; bran, 265 sacks; mid
dlings, 3oo sacks; hay 140 tons; wool, 197
bales; hides. 41H.
QUARTERLY RElfORT OF STEEL TRUST.
Earnings Show Grout Decrease as Compared
With Year Ago.
NEW YORK, April 28. Directors of the
United States Steel Corporations, declared a
quarterly dividend of 1 per cent on the
preferred and of 1 per cent on the com
mon stock. The net earnings of the United
States Steel Corporation for the quarter end
ing March 31 were $18,229,005.
The directors re-elected all the officers of
the corporation.
The earnings for the quarter show a de
crease of $20,893,487 as compared with the
corresponding quarter last year.
The surplus for the quarter was $7,865,000,
a decrease of $3,676,711.
The unfilled orders on hand March 31
amounted to $3,765,343 tons, a decrease of
4.278.M5 tons a compared with March 31,
1907. and a decrease of 859.210 ton aa com
pared 'with December 31, 1907.
Eastern Mining Stocks.
BOSTON, April 28. Closing; quotation,
call loans, 204 per cent; time loans, S05
per cent.
Adventure ..$ 130 iQulncy ...... 82.00
Allouex 25.00 fKhannon 11.75
Amal 60.37 !Tamarack .. 60.041
Atlantic 9.00 (Trinity ...... 14.00
Bingham .... 40.00 United Cop. . 6.75
Cal. A HrfC. ..635.30 U. S. Mln. ... 37.73
Centennial ... Sl.SO U. S. Oil .... 23.50
Oop. Range . 07.50 Utah 38.75
Daly West .. 8 50 Victoria .... 2 75
Franklin 7 23 Winona 4.75
Granbv 90.'M) Wolverine ...125.00
Isle Rovale .. 11 00 North Butts 58 00
rfiass. Min. ... 24.00 'Butte Coal. . 21.62
Michigan .... 10 50 Nevada 12.00
Mohawk 47 00 iMItehel! .... 11.00
Old Dom 34.37 'Cal. A Aria. .1.01
jOsceola 84.00 lArlx. Com. 18.12
Parrot l-50 (Green Cana. . 8.12
Dried Fruit at New York.
NEW YORK. April 28. The market for
evaporated apples is quiet and about steady,
with fancy quoted at 10c; choice, 7ti9c;
prime. 7(?7 c, and common to fair. 5'g6e.
Prunes are firmer In tone, owlnjr to con
tinued reports of damage to the California
crop. Quotations range from 4 to 14r for
California and; from 6 to 10c for Oregon
fruit.
Apricots are dull, with choice quoted at
iw?ic extra choice 164jl7o and fancy
2ixfi 24c.
Peaches are dull and lower. Choice quoted
at 9 10c ; extra choice, lotflO c ; fancy,
lOUfcllc, and extra fancy, ll12c.
Raisins are dull and nominal, with loose
muscatel quoted at 54rHc, seeded raisins at
bQhc and London layer at $1.251.35.
Coffee and Sugar.
NEW YORK. April 28. Coffee Futures
closed steady at a net advance of lof 15
points. Sales were reported of 20.250 bags,
including: May, 5.80c: July, 6.00c: September,
6?i6.05c: December, 6.16.l&c; March, 6.1o0
62oe. BTot, firm. No. 7 Rio. 6c; No. 4
Santos, 8p8c Mild coffee, quiet. Cordova,
912c.
Sugar Raw. firm. Fair refining. 3.98c; cen
trifugal. .96 test, 4.4So; molasses sugar. 3.73c.
Refined, steady. Crufhed. 6.20c; powderedr
fi.6oc; granulated, 5.50c.
Can. Pac. .
Ches. O...
C. Gt. Wt ..
C. M. 8. P.
I Beers. . . .
Den. A R. G
D. A R. G. pf
Erie
Erie 1st pf...
Gd. Trunk ..
111. Cen
L. & N. .....
U.t K. A T..
DROP AT LIVERPOOL
Affects Prices of Wheat in the
Chicago Market.'
NEWS OTHERWISE BULLISH
Opening Is Strong Because of Cold
Weather In the Southwest Pri
mary Receipts Are Small De
crease in Visible Supply.
CHICAGO. April as The early wheat
market was etrortg- becau. of cold weather
In the .Southweet. Latex, price, declined,
hut ald. from lower figures at Liverpool
there wa. littl. a the new. of the day to
encourage seller.. Primary receipt, were
decreased 4.800.000 bunhei.. in. market
closed weak and near the lowest point. JMly
opened unchanged to lower at 88. to
SSe. advanced to SOc, declined to oOVc
and cloeed at 86 c.
Corn jKa firm early in the day. Later
price, weakened and the clOM was weak.
July doled at 624a.
Oat were ateady all day. July oloaa at
45 Ho.
Provl.ion. were quiet, but price, were firm
becau.e of a 8 010c advance in the prie of
live hoga. At th. cloee July pork waa up
TH 10o; lard waa up 7ttc and riba were 5o
higher.
Leading: future, ranged aa follow.:
WHEAT.
Open. Hltrh. Low. Cloi.
July H .811 .8a ' .8tJ
September ... .85 .80 .83 .83i
CORN.
May tT .7VJ . . 0(5X2
July 62H .24 .ext.
September ... .61 .91 .611. .61
OATS.
May. old (124 .BIT4 .!"
nn, new ... .oz-Ji
July, old 45 4
July, new ... .4,
May, new ... .62 .62'4 ,52 .62
.45 V,
.45"4
.40V
4iiVi .44 .4.1 .4.':
September ... .37 .874 -36 .36U
PORK.
May 12 92H 12.17H 12.0214 12 95
July 13.22V, J3.80 1322V, M.27H
September ...13.60 13.62Vi 13.S5 13.60
LARD.
May g.ns 8.07H 8.06 8.07
July 8 25 8..T0 8.25 8 30
September 8.45 8.4714 8.46 8.47V4
SHORT RIB8.
May 6.80 6.824 8Sn a.82V4
July T.07V4 7.12V, 7.07VJ 7.10
September ... T.32V4 7.35 7.32V4 7.35
Cah quotation, were as follows:
Flour Steady. .
"W heat No. 3. ftScSl.03; No. 2 red, 86
TWH,c.
Corn No. 2. V4c; No. 2 yellow, c.
Oats No. 2. f2;ic: No. 3 white, 49'ffo3c.
Barley Fair to choice malting, 72fosuc.
Flax seed No. 1 Northwestern, $1.2tru..
Timothy aeed Prime. (4.26.
Receipts. Shipment
Flour, bbls 23.400 R6.2ti0
Wheat, bu 2O.0m 27.3HO
Corn, bu 4W.900 ,"20.4ttO
Oata, bu 800,000 387. WW
Rye, bu ll.ooo
Barley, bu 84.200 22,000
Chanaes In Available Supplies.
NEW YORK, April 28. Special cable and
telegraphic communications received by Brad
atreetB show the following changes in avail
able auppllea as compared with previoua ac
count: Bushels.
Wheat, rnlted States, eaat of Rock
ies, decreased 1,960.000
Canada, Increase 185,000
Total, X'nited Statea and Canada,
decreased . 1,775.000
Afloat for and) in Europe, decreased. .2,000,000
Total, American and European, de
creased 4.65,000
Corn. United States and Canada,
decreased 1,262,000
Oats, rnlted Statea and Canada,
decreased 479,000
Northwestern Grain Markets.
MINNEAPOLIS. April 28. Wheat May,
$104,; July. 1.03; September, 8V4c; No.
1 hard. $1.08; No. 1 Northern, $1.06V4 : No
2 Northern, $1.04; No. 3 Northern, 90c
$1.01,
DULfTH. April 28. Wheat No. 1 North
ern. fl.05: No. 2 Northern. $L0I; May.
$1.02; July. 1.02: September. 8,c.
Grain and Produce at New York.
n.1" YORK- Apr" 2S Flour Receipts,
24.277 barrels; exports, 2800 barrels, steady,
with light trade.
neat Keciptrt, 60OO bushels. S-pot, eaey.
Portland Railway, Light
and Power Company
ONE YEAR, SIX PER CENT, GOLD NOTES
Dated May 1, 1908 Due May 1, 1909
t
Interest payable November 1, 1908, and May 1, 1909,
at the office of SECURITY SAVINGS & TRUST COM
PANY, PORTLAND, OREGON.
COUPON NOTES OF $1000 EACH
Both Principal and Interest Payable in Gold Coin.
TOTAL AUTHORIZED ISSUE $250,000
Secured by deposit with the Security Savings & Trust
Company, Trustee, of $375,000. Portland Railway, Light ' , '
& Power Co. sinking fund mortgage, 5 per cent bonds.
The Portland Railway, Light & Pow er Company hits provided over one
million dollars to be expended in improvements and extensions during the
calendar year, appropriating about five hundred thousand dollars already in
the treasury, and an equal amount out of earnings, together with proceeds
of this note issue, which expenditure is found nocessary in order to properly
handle the rapid growth in the company's business, occasioned by continued
increase in population and development of territory served.
Having already placed a substantial part of this issue of notes, we offer
the balance, subject to prior sale, at PAR AND INTEREST, and UNHESITAT
INGLY RECOMMEND THE SAME AS A VERY SAFE AND EXCEPTION
ALLY ATTRACTIVE INVESTMENT.
The notes will be ready for delivery to purchasers at our office on and
after May 1.
Full particulars upon application.
MORRIS BROTHERS
Chamber of Commerce
THE UNITED STATES
NATIONAL BANK
Portland,
UNITED STATES DEPOSITORY
Capital, $500,000 Surplus and Undifided Profits, $400,000
OFFICERS
J. C AINS WORTH, President R. W. SCHMEER, Cashier
R. LEA BARNES, Vice President
A. M. WRIGHT, Aw't Cuhler W. A. HOLT, Asa't Cashier
BOARD OF DIRECTORS
I. W. Hellm.B President Wella
Fargo Nevada National Rink.
S P.: Union Trust Co.. S. F.;
and Farmers ft Merchants Na
tional Bank, Loa Anelea.
Perry T. Moraras President of
the California Win. Associa
tion. S. F.
Rufii. Matlorr Of the law firm
ot Dolph, Mai lory. Simon a
Oearin.
No. I red. t. elevator and II 07i f. ..
b. afloat: No. 2 b,-d Winter. 1 11X, f. o. h.
afloat. With the exception or occasional fore
noon rallies, wheat wa. generally depressed
today by easy cables, preoption. for better
weather and liquidation, eloign, to lc
net lower. Mb-. I.0nl.w7. ind at
11.05; July cloaed at 5c and Se..i,.r
at llc.
Hops and Hides Quiet.
Petroleum Steady.
Grata at 8aa Francisco.
SAN FRANCISCO. April 28. Wheat
Fir ,n.
Barleys Firm.
Spot quotations:
Wheat Shipping. $1.62Vi1.65; milling.
fl.ne91.T0.. -
Barley Feed. $1.3701.40: brewing, $1.45
1.62.
Oata Red, 1.421.58: white, fl.62
1.66; grays, f 1.66g'1.02.
Call board sale.:
Wheat No trading.
Barley May, fl.52; December, $1.37
1.8!.
Corn Large yellow, fl.5l.T0.
European Grata Markets,
Walla Walla prompt shipment at 3 tie d.
LIVERPOOL, April 28. Wheat May, Ta
8d: July, Ta fid; September. 7s d.
English country markets quiet. but
steady. French country markets quiet, but
steady.
Wheat at Tacoma.
TACOMA. April 2S. Wheat Weak, but
unchanged. Blue Item, 80c; Club, 84c;
red. R2c.
TRAVKLERS' GUIDE.
CANADIAN PACIFIC
Bmprestt L!n of th Atlantic
LESSTHAN FOUR DAYS ATSEA
The Empresses sail from Quebec to Liver
pool in aix daya; two daya on the majestic
St. Lawrence. Speed, comfort, elegance and
aafety are combined in these splendid ex
press steamers. Ask any ticket agent for
particulars, or write J. R, JOHNSON, Pass.
Agt.. 142 Third St.. Portland. Or.
SEE! THE FLEET
TO SAN FRANCISCO i AA
Including Meals and Berth JJP
S. S. SENATOR
SAILS FROM AINSWORTH DOCK, 9A.M, MAY 2
M. J. ROCHE, City Ticket Agent
142 Third Street
Oregon
Gears. R. Chamkerlala Gover
nor of Oreron. .
R. I Marlr.y President of the
Macleay Estate Co.
R. L nre Vice-President.
J. A. Aln.vrorth President. also
president of the Fidelity Trust
Co. Bank, of Tacoma, Wash.
D. W. WakeaHri of the real
estate firm of Wakefleld. Fries
Co. ;
TRAVELERS' GTJ1DK.
PORTLAND RY., IJOHT POWER CO.
CARS LEAVE.
' Ticket Office and Waltlng-Rewss.
First sad Alder Btree.
FOR
Oreson Cltr 4. 6:80 A U , ana .very
mlnutea to and including 9 P. M..
then in u p. M. Umt car 12 midnight.
Greahan.. rtorlna, Eal. Oresk, Kata
5"" , 1'alrvl'jw and 'ireut-
FOB VANCOUVER.
Ti?1 ?"lce.nd waiting-room 8sera4
and Waahlngun atre.t.
A. M. 6:15- 6:jo. 7:28. 8:00, S:S0L
9:10. :50. 10:o, 11:10. 11:50
. Si -STW.:"A 1:50. 2:80. t-.ia.
S' S'S" 8:S0- T:0o
8:15, 8:26, 10:Slt, n;46.
On Third Moid.r lm y:very Moatk
the Ijut Car Leaves at 7:08 P. M.
'Dally sxs.pt today. tDally axc.pt
Monday.
NortbPadflc S. S. Co's. Steamship
Koaooka and Geo. W. Elder
Sail for Eureka, San irancisoo and
Los Angeles direct eveiy Thursday
at 8 P. M. Ticket office 132 Third
St., near Alder. Both piones, M.
1314. H. Young, Agent.
SAN FRANCISCO rORTUSD S. . CO.
only Direct Steamer, and Daylight Sa? 3gs.
From Ainsworth lock. Portland, 9 A il.
S. 8. Senator. May X. V
8. 8. Hose City. May . IS. June 6.
From Spear St., S.n Francisco, 11 A. 14
8. 8. Rmie City, 1ay I. 16. 30. .
8. 8. STATU OF CALIFORNIA, May .
23, June .
a. W. RANSOM. IHek Agent.
Main 208 Ainsworth Dock.
M. J. ROCHK, Ticket Agent. 142 3d St.
Phones Main 402. A 1402.
COOS BAY LINE
The siteamor BREAKWATER Icavm Port
land every WedneMlnjr at 8 P. M. fmm Otvk
tstreet dock, for Mortal Uentl. MamUfleld mnd
Voom Bay points. Freight received till 4 f.
M. on day of sailing. Fauenier fare flrst
claes, 10; eecond-claes. $7. Including berth
and meals. Inquire city ticket oft tee. Third
and Washing-ton streets, or OUc-etreet dock.
J. W. RANSOM. Dock Agent
Phones; M. 402; A 1402