THE MOIHUfG OREGONIAN. FRIDAY, MAY 1, 1908. 19 L AT 11 CENTS Limit Dealers Are Paying for Valley Clips. FARMERS NOT SELLING Trade Also Dull in Eastern Oregon and Idaho Deadlock Between Buyers and Sellers in the Middle West. The wool market continues In a very weak condition. Local dealer are now offer ing only 11 cents for Valley wool and are setting but very little of It. Some shearing is being done, but the farmers are evidently keeping their clips at home, a arrivals are light. Shearing le under way In parts of Eastern Oregon, but no sales are reported from there. The Idaho market Is also quiet. According to advices from the East, dealers talk very conservatively about the new clip. Most buyers have now gone but their Instructions call for cautious action. Some email clips In Southern Utah are re ported to have been sold at prices ranging from 11 to 13 H cents. Experts placed the scoured landed cost In Boston at about 45 cents, and consider It too high. Good wool from the 1007 clip Is selling there at 48 to 48 cents. Unless the doadlock between buy ers and sellers Is broken the season Is cer tain to be a long one. It will ake decided Improvement in the East to encourage mer chants to buy heavily. The most favorable features of the situa tion are the small mill stocks, the limited engagements In foreign primary markets of our Importers, and the fact that the cur tailment la the production of goods now In progress Is preventing any serious accumula tions of the latter. When, therofore, there is a change for the better. It Is likely to be quickly reflected In a fairly active demand for both goods and wool. The Eastern market Is closely cleaned up of both Valley and Eastern Oregon stock. The only sales of the week are a few small lots of No. 2 Eastern on the scoured basis of 50ff52c. In territory wools the aggregate transac tions at Boston last week were less than a million pounds, which In normal times would be considered a moderate amount. The only large transfer Is that In Wyoming wool amounting to about 500,000 pounds. The terms are private, but It is understood the basis is not far from 50c clean. The wool was In the original bags. Another trade In Wyoming wool amounts to 50,000 pounds half-blood on the scoured basis of 62 c. Small lots of Utah and other clothing wools, fine and fine medium, have changed hands at prices In the range of 14 17c, the best selling on the scoured basis of 505&c, and good average at 454Sc. Business in new Arizona clips is fair, the sales of the week totalling about 126,000 pounds at 18 20c. BUTTER tm BE IOWEK TODAY. City Creameries 'Will Drop Their Price to 22V4 Cents Eggs Firm. The city creameries will drop the price of butter today to S2M cents. There has been no serious accumulation of supplies, but the production Is Increasing steadily and a readjustment of prices was deemed necessary. Some shading of the previous price has been going on for a day or two. On May '1 last year the market also de clined to 22 uj cents, but in earlier years this figure was reached eariier on April 9, 1806; April 20, 1903, and April 29, 1004. Last year the lowest price was 22 cents, but In the thTee preceding years the mar ket touched 20 cents. Eggs were generally quoted firm on the street yesterday with the majority of sales at 17 Vs cents. An attempt was made to put the market to 18 cents, but It failed. Poultry was firm all around. Live chick ens were in better demand, as the warm weather does not promote the movement in chilled stock. HOPGB.OWERS NOT READY SELLERS Good Demand in the Country and Much Trading Between Denier. Hops are changing hands at a good rate, but a considerable part of the local busi ness is between dealers. There is a steady demand in the country, however, and as growers' offerings are by no means free! the market has assumed a much steadier 'tone. It Is no longer possible to buy 'de cent hops easily under 8 or 4 cents and most of the growers will talk a nickel or nothing. A deal at 6fc cents was reported made yesterday. According to the Kelsonlan, the Patter son yard at Olequa, Wash., consisting of 70 acres. Is being plowed under and the Pat tersons will go out of the hop business. The Bertrand yard will be cultivated this year and unless hops are a fair price this Fall this yard will also be plowed up. Strawberry Market Is Firm. The demand for strawberries is greater than the supply and the market is very firm. Yesterday's receipts were 3-45 crates an they sold readily at f 2 2.25. Unless arrivals are unexpectedly large today, the price may be advanced. Cherries continue alow of sale. Three cars of bananas were received In fine condition and one car of oranges came in. A shipment of peas was received yester day in poor shape, having become heated in the sacks, and they sold lower at 5(iftt cents. The best of the lot brought 7 8 cents. Ripe tomatoes are scarce. A car of Bermuda onions Is due today. Board of Trade Transactions. Offers and sales were posted at the Board of Trade yesterday as follows: Offer to buy 50 cases eggs, lfitsC f. o. b. Portland. Offers to sell looo pounds . first-class creamery, 23o f. o. b. ; 10 cubes creamery butter, 2."c Sale 25 cases eggs, 17c. Bitnk Clearings. Clearings of the Northwestern cities yes terday were as follows: Clearings. Balances. Portland $ 787,0i $117,545 Seattle 1,015.310 18S.0O1 Tacoma 05D.MS 60,723 Spokane ' 772,2:i8 97.613 The total Portland bank clearings in April were $2',74,S13 as compared with $32,110, 626 In the same month last year. For. the first four months of 1908 Portland clearings amounted to 495,875,970, and in the corre sponding period last year the total was fllS.133.eu8. BOARD OF TRADE QUOTATIONS. Grain, Hour and Feed. WHEAT Track prices- Club. 85Sc per bushel; red Russian, 83 84c; bluesiem 7 88c; Valley, S586c. FLOUR Patents. 14.03 per barrel; straights, 3.854.35; exports. 3.503 C5: Valley, 4 43; -sai-k graham, $4.15; whole wheat, $4.40; rye. $2.25. BARLEY Feed, $24 per ton; rolled, $27 a 28; brewing, $20. OATS No. 1 white, $26.50 27 per ton; gray, $2H MILLSTUFFS Bran, $2d per ton; mid dlings, $30.50; shorts, country. $2.S 50; city, $27; wheat and barley chop, $27.50. HAY Timothy, Wlllamotte Valley, $17 per ton; Willamette Valley, ordinary, $15; Eastern Oregon. $17.50: mixed, $16; clover, $14; alfalfa, $12; alfalfa meal, $20. Fruits and Vegetables. POTATOES Select, selling price, 70o pt? hundred; Willamette Valley, buying -price, 45o per hundred; East Multnomah, buying price, 55c; Clackamas, buying price. 55c per 1 hundred; new California, 44Vso per pound; sweet, 5He per pound- . APPLES Select. $2.50 per box; fancy, $2; choice, $1.50; ordinary, $1.50. ONIONS Job price. $4.755 per hundred: buying price. $4.254.50 per hundred: Texas Bermudas, $2.76 per crate; garlic, 250 per pound. FRESH FRUITS Oranges, $2-753.25 per box; lemons, $2.75 3.75; strawberries, $2 per crate. VEGETABLES Turnips. $1 oer sack: carrots. $1.601.75: beets. $1.25: parsnips, $1.25 cabbage, $2.00 per cwt. ; - tomatoes, Florida, $3.75 4 per crate; Mexican. $2; cauliriower. local. 257oc; head lettuce, 40c per dozen; cucumbers, $1.75 2 dozen; celery, 83c$l per dozen; artichokes, 50e per doz. ; asparagus. 7 8c pound; beans, 20o per pound; egg plant. 25 30c per pound; parsley. 25c per dozen; peas. 7 So per pound; peppers, 20c per pound; rad ishes. 15c per dozen; rhubarb. 34o per pound; spinach, 85c per crate. Butter, Eggs and Poultry. BUTTER Extras, 25c per pound: fancy, 24c; choice,, 22 ; store, 10c. EGGS I,oss and commission off. 17 17 He per dozen. CHEKSK Fancy cream twins. lSVic per pound; full cream triplets, lec; full cream Young Americas, 16c: cream brick, 20c; Swiss blk., 20c; llmburger, 22c. POULTRY Mixed chickens, 13o per lb.: fancy hens, 3413c; roosters, old, 9c; fry ers, doz., $4; broilers, doz., $i.505; dressed poultry, per lb., lc higher. Meats and Provisions. DRESSED MEATS Hogs, fancy, 7V4c per pound; ordinary. 7c; large, 5Gc; veal, extra, 88ttc; ordinary, UtTAc; heavy, 6c; mutton, fancy, 10c. rIAMS Hams, 10-13 lb., 15c per pound; 14-16 lb., 14c; 18-20 lb., 14 SC. BACON Breakfast, 1322o per pound) picnics, 10c; cottage roll, 11c. DRY SALT AND SMOKED Regular short clears, smoked, 11 He per pound; un smoked. 10c; unsalted bellies, 10-13 lbs., smoked. 10 13c; 10-13 lbs., unsmoked, 13c; clear bellies, unsmoked, 13c; smoked, 14c; shoulders, lie; pig tongues. $10.60. LARD Kettle leaf, 10s, 129ic per pound; 6s, 12TsC; 60s, tins, 12Vic; 8. rendered, 10s, llc; es, 1134c; compound, 10s. 8c JOBBERS' QUOTATIONS. Fruits and Produce. FRESH FRUITS Grapefruit. S2.T5 8.25; tangerines, S1.50 per box; bananas, 5Vac per pound; crated, 6c; cherries, $1.60 1.75 per box; strawberriee, $22.25 per crate. VEGETABLES Peas, 47c per pound; beans, 22c; asparagus, 7 8c; head lettuce, 3540c per dozen; peas, 6 8c;-rhubarb, 2 3c; eggplant. Eastern, 1620c; Coachella, 15c; California onions, $2.75 per crate. DRIED FRUITS Apples, loo per pound-, peaches, ll12Vic; prunes, Italian, 66ftc; prunes, French. 3 5c; currants, unwashed, cases, 94c; currants, washed, cases. lOo; figs, white, fancy. 50-pound boxes, CKo. UGGS Oregon ranch, candled, 17 fcc per dozen.. POULTRY Fancy hens, 1414c; mixed, 13 14c; roosters. 84 10c; fryers, 2526c; broilers, 24 25c; ducks, 17 18c; geese, 8 9c; turkeys, alive, 14 15c; dressed, 17 18a My DO NOT WANT IT PRODUCE DEALERS AOT LVTER , BSTE1 IX BOARD OF TRADE. ' Gratnmen, on the Other Hand, Are Determined to Make Their De partment a Success. After one month's trial it must ba ac knowledged that the produce department of the Portland Board of Trade U sot a suc cess. Lack of interest on the part of a majority of the Front-street dealers and open opposition by others has practically put thto feature of the exchange out of the running. When the Board opened for busi ness on April 1 nearly all the produce job bers of the city attended and for a time it looked as if the movement would be a success. The crowd grew smaller day by day until finally sessions were held with out a single produce merchant being present. At the nooa call yesterday only two Front street men were on the floor. Before the Board was reorganized every produce jobber and every creamery man in the city expressed himself as in favor of an exchange. With only a few exception they all came to the front and subscribed to the Board of Trade and paid up their first quarter's dues. Tbea they quit. All kinds of reasons are given by the creamery men and the wholesalers for their non-attendance. Some profess to object to the hour of meeting and others are opposed to includ ing in the membership out-otf-town mer chants on the ground that this demoralizes the arrangements they have already made with shippers. There is also some complaint, though not so loudly-ex pressed, of the pub licity given the transactions. These and other excuses are given, but it appears very plainly that the jobbers and creamery men do not want an exchange, notwithstanding their past professions, and, therefore, will not have one. In every other large city of the country similar exchanges, are maintained successfully, as their convenience and necessity are re alized. The local Board offers all the ad vantages that the jobbers can desire and practically without cost, but the dealers of Portland have been doing business so long without an exchange that they seem to pre fer to go along In the old way. Two or three Front-street merchants' have stood loy ally by the Institution from the first, but this number cannot make an exchange. Presi dent Town send and Secretary Muller, how ever, have not given up hope, andwill con tinue to work for the Board in the hope of bringing the commission men into the fold. A different spirit prevails in the grain department of the Board, and it is probable that before long the InMttutfon will be known solely as a grain exchange. Notwithstand ing the luke-warm support given by the big wheat firms, the other grain, flour and feed dealers have shown a degree of enthusiasm in direct contrast to the lack of Interest displayed by the produce trade. A set of rules for the conducting of grain business on the floor is being prepared and will be passed upon by the grain rules committee at a meeting this afternoon. It Is the in tention to have everything in readiness for the operation of business by the time the new crop comes on the market. All the wheat merchants of the city, he millers of Portland and many of the outside ''cities, and the majority of local feed dealers have their representatives on the floor at the ses sion each forenoon. Owing to the scarcity of supplies at the present time not much business Is being transacted there, but mar ket conditions are talked over and plans laid for future operation a A large number of era In sample tables have been provided for the use of the mem bers and dally quotations of Eastern and foreign grain markets jare posted for their benefit. Eastern Mining; Stock. ' LONDON. April 30. Closing quotations: Adventure ..$ l,ti2" Quincy 81.50 Allouez j .215.25 (Shannon 11.73 Amalgamated 59. 02 Tamarack ... 68 0O Atlantic 9.87'ITrlnlty 13 50 Bingham . . . 30.00 ICnited Copper 6.50 Ca.1 & Hecla.e::7.00 U. S. Mining.. 8S.0O Centennial .. 21.00 V. S. Oil 22 00 i.opper itange Ui.uu L lan ., Daly West... S.C24'Victoria SO.OOO 2.62 3.S7V Franklin .... 7.M) Winona Isle Royale. . 19.00 Mass Mining. 2.75 Michigan . . . 10.30 Mohawk .... 47.50 Old Dominion 84.25 Osceola 81. OO Parrot 19.25 Wolverine iNorth Butte.. 57.00 lButte Coal. . . 2.00 Nevada 11 25 Cal & Arte. . .102.00 Ariz Com. . . . 1S.OO ,Greene Cananea 8. 00 NEW TORK, April 30. Closing quota tions: Adams Con 5 Alice 237 Hreece 10 Brunswick Con. 10 Comstock Tun.. 37 Iron Silver 100 Leadville Con.. 5 Little Chief.... Ontario. Ophir Potosl Savage . . . , '. Sierra Nevada. Smafl Hopes. . . Standard ...... .400 .2C0 - 8 . 25 . a.- . IS .150 FULLS OFF Material Declines Are Shown in Stock Prices. TRADING BECOMES SMALL Disclosures of Commission-House Methods Have bad Effect Idle Frelghtcars Accumulate Har rlman Cuts Down Expenses. NEW YORK, April 30. The shrinkage of half in the volume of today's stock market from that of yesterday was significant of the abatement in the demand lor stocks. The reactionary tone, at the same time, was more' pronounced than yesterday, most of the day's sales being effected at prices below the closing of the day before, the last prices showing material declines. It Is well understood that the disclos ures In connection with the two latest stock exchange failures have served to force covering by the bears to an unushual extenL, many lenders of stocks making peremptory demands for their return by borrowers for delivery against short sales. These dis closures have had a disquieting effect on the speculative temper also, owing to the fears that they would discourage operations by the general public through commission house. The practice by a commission house of short selling of a stock which their customers are long on is discounten anced, and the suggestion that some of the recent short coveroing was of this charac ter has caused an unpleasant impression. The net result has been an unusual ex haustion of the short interest, and this was held largely accountable for the droop ing tendency of prices today. Of more active factors, the most Impor tant was the rapid accumulation of idle freighfc cars reported by the American Railway Association's committee. The num ber of these on April 16 815.770 is pro nounced the greatest total in the history of American railroading, having risen from 297,042 on March 15. when the increased freight movement had been bringing ad ditional cars into service, and comparing with 843,928 on February 5, the highest figure touched in the depression following the panic. 6o emphatic an evidence of re newed trade reaction did not pass unheeded In speculative circles. Among -the less tangible Influences In the day's market was an impression sought to be created that powerful banking and finan cial Interests, which have supported the market, had achieved the desired purpose of Insuring the underwriting of proposed bond issues and saw no further necessity for fostering the rising tendency of prices. This view obtained added force from 'the action of new Issues on the outside market, where they are dealt in when issued. Quo tations for the Pennsylvania Consolidated 4 per cent bonds and the Interborough Rapid Transit notes both reacted In that mar ket. The statement of March earnings of the Harriman roads gave signal evidence of the effective measures of. economy in force, which overreached the Fall in gross earn ings in the case of Southern Pacific and went tar to meet it in the case of Union Pacific. ' Copper receded In London again. Crop news was favorable. Bonds were irregular. Total sales, par value, $3,170,000. United States bonds were unchanged on call. OU3SINO STOCK QUOTATIONS. - Closing Bales. High. Low. Bid. Aaamr Express 175 Amal Copper .... 39,600 61 694 6a Am Car & Foun. 4,3o0 35 846 8i do preferred 90 Am Cotton Oil... 2,300 29K 28 27 do preferred ya Am Kxpress .. lyo Am Hd & Li pf. 400 19 19 19 American Ico .... 1,900' 23 2214 2214 Am Linseed Oil 8.' do preferred 23 Am Locomotive:.. 1,1)00 47 4014 4014 do preferred . . . 200 loo loo 99 Am Smelt & Ret. 29.800 7314 70 7014 do preferred ... 300 97 9014 9t Am Sugar Kef.... 0UO 120 120 120 Am Tobacco ctfs. Soo 91 9!4 90 Anaconda Mln Co. 1,400 38 38 37 Atchison . ....... 6,900 So; 7914 7914 do preferred go. Atl Coast Line. . . 81O S3 81 81 Bait & Ohio 1.6UO 8014 8514 8S14 do preferred ... 500 82 82 82 Brook Rap Tran.. 6,100 4714 46U 4614 Canadian Pacific. . 2,100 15014 15614 15R14 Central of N J I80 Ches & Ohio 1.100 33 83 8314 Chi Gt Western.. K 6 '4 4"i 4a? Chicago & N W.. 2,800 152 'A 149J4 150 C. M & St Paul. 33,900 19 127 127 Chi Ter & Tran 5 do preferred 5 C, C, C & St L.. 100 67 67 66 Colo Fuel AY Iron 1.100 25"4 24 24 '4 Colo & Southern. 32,01)0 SI "4 31114 3014 do 1st preferred. 100 6614 6SI4 68.. do 2d preferred 48 ' Consolidated Gas.. 300 12014 11914 11914 Corn Products ... 1V) 14 144 14 do preferred ... IOO 6014 6S Del & Hudson... 600 109 168 15714 Del. Lack & West 490 V & B, Grande... 10O 20 20 20 do preferred ... 2ti0 54 14 04 4 65 Distillers' Securi.. 400 32 81 34 Erie l.iKvo 18 1714 17)1 do 1st prefererd. 200 S314 33 S3 do 2d preferred ' General Electric. 100 133 133 132 Illinois Central ... 1,00 135 13 133 lnt Paper 600 10 914 914 do preferred 52' 1st Pump 2314 do preferred ... 300 70 70 00 Iowa Central ... loo 15 15 14 ij do preferred ... . 300 3214 32 U 32 K C Southern ... 200 2214 22,4 2214 do preferred . 54 ' Louis 4 Nashville 600 104 10314 10314 Mexican Central.. 81)0 15 14 1414 Minn 4 St Louis loo 2514 2514 24 li M. St P & S 3 M ..... 111 do preferred 120 Missouri Pacific... 1,700 4814 4514 4814 Mo, Kan & Texaa 2.B00 211'.;, 25?4 25 do preferred ... 500 68 6814 6814 National Lead ... 2,600 6814 68 6814 Mex Nat R R pf 40 N Y Central 100 1X .99 Sta N Y. Ont & West. 200 34 33 33 Norfolk & Western 400 6514 05 05 do preferred 80 North American... 800 56 6014 6614 Pacific Mall ...... us Pennsylvania .... 1.4n0 120 117 llt People's Gas 400 911, 91 ii 91 '2 P, C C & St Louis 75 Pressed Steel Car 7'X) 2914 2914 ' 28 ' do preferred ... 600 S 8414 8414' Pullman Pal Car. loo 15S , 158 169 '4 Reading 119,700 1U) 108 H do 1st preferred S2 do 2d preferred 80 Republic Steel ... 900 1 714 17 17 d7 preferred ... 9t0 07 6614 stil4 Rotk Island Co.. 2,7K) 1574 1514 15 do preferred ... 1,400 8214 3114 31 '4 fit L & S V 2 pf. 4J 28 27 27 St L Southwestern 2u0 14 13 lit 14- do preferred ... loo 33 3:i 32 Southern Pacific .. 3,S"0 8t!4 78 do preferred ... l'K) 115 113 114 Southern Railway. 1,300 1514 14T4 J4 do preferred . . . 700 4014 39 3 Texas & Pacific. 000 18 184 18 Tol. St L & West . 1014 do preferred ... 200 41 40 40U Union Pacific 114.400 137 135 135 do preferred: ... 800 80 8014 80 U S Express 85 U S Realty JOO 40 40 87 U S Rubber 200 21 2014. 2014 do preferred ... 2O0 83 82 82 TJ S Steel 80,000 S14 .IS14 8514 do preferred ... 6.400 101 I0014 loo Va-Caro Chemical 400 21 20 2014 do preferred ... 100 93'4 9.H4 U14 Wabash 300 10 1014 10 do preferred ... 200 1914 19 19 Wells-Fargo Ex 800 Westlnghouee Elec 7,3l0 65 4A 4814 Western Union ... 300 60 60 60 14 Wbl L Erie.. 400 7 6 8 Wisconsin Central 36 do preCerred ... 200 40 - 40 39 Northern Pacific.. 32.100 132 131 14 331 H Central Leather .. 700 24H 23 23 do preferred ... 100 90 90 91 Sloss-Sheffleld 4414 Gt Northern- pf. . . 9..10O-' 127 125, 125 Inter Met 900 1014 9-4 914 do preferred ... fioo 28 27 27Vi Utah Copper 900 29 2914 29 Total sales for the day, 580,600 shares. BONDS. NEW YORK. April 30. Closing quota tions: U. S. ref. 2s reg.l03!N YOG 3s.. 80 do coupon. .. .104 INorth Pacifio 3. 7114 U. S. 3s reg. .. .100'Xorth Pacific 4s. 100 do coupon. .. .10114 South Pacific 4s. 86 U. S. new 4s reg. 1 19 'Union Pacific 4s. 10(1 14 do coupon... . It714! Wlscon Cent 4s. 83 Atchlsoa a4. 4s 87 'Japanese 4s 77 D B 4s 94 I Stocks at London. LONDON, April 80. Consols for money, b7-16: do for account, 8614. 1sdda ... 7.87V41N. Y. Central. 103.50 DEMAND Atchison 82.87 14'Norf lk "Wes 67.7S ao prei. . . . 81. 50 do prer 8 oo Bait & Ohio. S3 00 JOnt & West.. 85.00 Can Pacific. .159.6214 'Pennsylvania. Ches & Ohio. 34.75 IRand Mines. 01.75 6.3714 56.50 15.8714 Chi Grt West 5.25 Reading C M. & S. P. 131.50 Southern Ry. De Beers 10.3T4& do nrer 41.7.1 D & R a. .. do pref. .. Krle do 1st pf. 21.50 iUnlon Pacific. 140.50 56.50 do pref 83.00 19.6214IU. S. Steel.... 30.8714 34.75 do pref 103.6214 24.50 Wabash 11.00 ao 2a pr. 3rand Trunk 15.25 I do pref 20.00 111 Central. . .138.00 ?panish 4s... 92.75 L & N 107.00 lAmal' Copper. 62.50 Mo. K. & T.. 27.3T14! Money, Exchange, Etc. NEW YORK, April 30. Money on call, easy, 16'2 per cent; ruling rate, 1 per cent; closing bid, 1 per cent; offered at 2 per cent. Time loans, quiet but firm; 60 days, 214 per cent; 90 days, 2 3 ' per cent; six months, 3 per cent. Prime mercantile paper,' 4-414 per cent. Sterling exchange heavy, with actual bus iness in bankers' bills at $4.874.8705 for demand and at $4.S4504.S456 tor 60-day bills. Commercial bills, X4.84U. Bar silver, 62 c. Mexican dollars, 47c. Government bonds, steady; railroad bonds, Irregular. LONDON'. April 30. Bar silver, quiet, 24 d per ounce. Monev. 22 per cent. The rate of discount in the open market for short bills is 2 per cent; for three months' bills, 2 per cent. SAN FRANCISCO, April SO. Silver bars, 52 o. Mexican dollars, 51o. Drafts, sight, 2 Ho; telegraph. 00. Sterling on London, 00 days, 4.84; sight, 4.8T. Dally Treasury Statement. WASHINGTON. April SO. Today's treas ury statement shows; Available cash balance 1230,801,928 Gold coin and bullion 16.071,937 Gold certificates 28,952.400 PORTLAXD LIVESTOCK MARKET. Priors Quoted Locally on Cattle, Sheep and Hogs. Best gTades of hogs were advanced 25 cents a hundred yesterday. Cattle were quoted easier because of free receipts and It is probable the to'p oft. the market has been reached for the present. There was a gen eral advance In calves as a result of the stronger demand. ' Lambs were .slow and sheep weak. Receipts yesterday were 105 cattle, 900 sheep and lambs and 135 hogs. The following quotations were current on livestock on the local market yesterday: CATTLE Best steers, 5; medium, J4.50 64.75; common, t3.504; cows, best, S4; common, $3.503.7i5; calves, $4.5O35.50. SHEEP Best wethers, J6; ewes, 55.50; shearlings. $1 less; Spring lambs, $66.SO. HOGfi Best, $6.256-50; medium, J6.75 6; feeders, 5.25 5.60. Eastern Livestock Markets. OMAHA. April 30. Cattle Receipts. 21O0. Steady. Native steers, $5.006.75; cows and heifers, $3-506-00; Western steers, S3.75& 5.50; range cows and heifers, $2-754.50; canners. $3.003.25; stockers, and feeders, $3.005..10; calves, $3.00igf 6-00; bulls and stags, S3.OO5.0O. Hogs Receipts. 8000; 10c to 15o higher. Heavy. $5.45 liy 5.55; mixed, .405.5O; light X5.355.60; pigs, 14.0064.75; bulk, 15.40 ftf 5.50. Sheep Receipts. 4000. Steady. Yearlings. $5.006.15; wethers. $5.005.Sj5; ewes, $4.50 65.50; lambs, 17.00(3 7-50. , CHICAGO. April 30. Cattle Receipts, 6000. Steady. Beeves, $4.507.2O; Westerns, f 3. 506 5.05; stockers and feeders, 13.50 6.60; cows and heifers, $2.406.40; calves, 4.506.20. Hogs Receipts, 10,000; marxet, 10c mgn er. Light, J5.4085.85: mixed. $5.355.85; heavy, 15.30 S. 86; rough. $5.3005.50: good to choice heavy, S3.505.85; plgs, $4.40 5.20; bulk of sales, $5.658.75. Sheep Receipts. 17,000; market, 10c low er. Natives. 14.70 6. IS : Western, $4,75 3 6-20; yearlings. $6.256.80; lambs, $5.75 7.40; Westerns, $5.707.50. KANSAS CITY, April 80. Cattle Re ceipts, 40OO; market, steady. Native steers, $5.256.90; native cows and heifers, $3,500 6.60; stockers and feeders, $3.40(35.75; bulls, $3.405.25: calves, $3-756.25; Western steers, $4.506.80; Western cows, $3.50 6.25. Hogs Receipts, 8000; market, 10c high er. Bulk of sales, $5.505.&214 ; heavy, $5.55 5.65; packers and butchers, $5.50 5.65; light, $5.406.65; pigs. $44.50. Sheep Receipts. 5000; market, steady. Muttons, $4.756.25; lambs, $67.10; range wethers, $66.60; fed ewes, $4.5063 50. QUOTATIONS AT SAN FRANCISCO. Prices Paid for Produce in the Bay City Market. SAN FRANCISCO, April SO. The follow ing prices were quoted in the produce mar ket today: Venetables Garlic. 1825c: green peas. flli 1.25; string beans, 81214c; asparagus. 30c; tomatoes, fi.oowz.oo; egg piani, izftc. Poultrv Roosters, old, $4 4.60: roosters, young, $7.60 10; broilers, small, $2.503.5O; broilers. large, $4o; fryers. $78; hens, $4.506' 9; ducks, old. $4o; young. $5 7. Butter r .mcy creamery, zo c j creamery seconds, 2214 c; fancy dairy, 21c. Eesrs Store. 1814c: fancy ranch, 2014c. Cheese New, 1114 12c; Young America, 1214 13 14 c MIR: stuffs Bran, $31632.50; middlings. $33ob. Wool Spring, Humboldt and Mendocino, 20c; Mountain, 4 8c: South plains and San Joaquin, 8llo. Hops New and old crops, 1147c; con tracts, 9 12c. Hay Wheat, $16ig20; wheat and oats, $1619: alfalfa, $914; stock, $810; straw, per bale. 5500c. prults Apples, choice, $1.75; common. 00c; bananas. $3T3.50; Mexican limes, $5.506; California lemons, choice. $2.50; common, 75c, oranges, navels. $1.85 2.75; pineapples, $1.506. Potatoes Sweets, $23; Oregon Bur banks, 85c 1.60. Receipts Flour, 4578 quarter sacks; bar ley, 1203 centals; oats, 580 centals; beans, 245 sacks; com. 800 centals; potatoes, 2420 sacks; bran, 315 sacks; middlings, 160 sacks; hay, 190 tons, wool, 201 bales; hides, 702. Metal Markets. NEW YOPK, April 30. The London tin market lost mest of yesterday's advance with spot closing at 142 15s and futures at 142. The local market was weak in con sequence, with quotations ranging from Sl.so to 31.6214c. Copper was lower in Iondon with spot quoted at 57 10s . and futures at 57 2s 6d. Locally the market was dull and unchanged with 'lake quoted at 12.6214 12-8714c; electrolytic, 12.30 13.75c, and casting at 12.25 12.50c. Lead was 6s higher at 13 5s in London. The local market was firm, but no further change was reported, quotations ranging from 4.05 to 4.10c. Spelter was unchanged at 21 In London and at 4.606 4.05c In the local market. Iron was lower In 'the English market with standard foundry quoted at 49s 3d and Cleveland warrants at 60s 9d. The local market was unsettled with No. 1 foundry Northern quoted at $17.50018.00; No. 2 do $16.50 17.00; No. 1 Southern soft, $1(1.50617.25. Dried Fruit at New York. NEW YORK, April 30. The market for evaporated applies continues quiet, but prices seem to be steadily held for the time being. Fancy are quoted at 10c; choice, at 7oc; prime, at 77c; common to fair, at 0 514c. Prunes are firm In tone, although no im provement Is reported in the volume of business. Quotations range from 4c to 14c for California and from 5o to lOo for Oregon fruit. Apricots are freely offered with the mar ket weak and unsettled. Choice are quoted at 14141514c; extra choice, 15616c, and fancy at 19 21c Peaches are weak with choice quoted at 914c; extra choice, 10c; fancy, 101410c, and extra fancy at 1114 12c Raisins are dull and more or less nom inal, with loose muscatels quoted at 59 614c; seeded raisins, 5sc; London layers, $1.251.35. Dairy Produce in the East. CHICAGO. April SO. On the produce ex change today the butter market was steady. Creameries, 1925c; dairies, 1824c- Eggs Steady; at mark, cases included, 14; firsts. 15c; prime firsts, 15c. Cheese Steady, 11 12c. NEW YORK, April SO. Butter, steady, unchanged. Cheese EaBy, unchanged. Eggs Easy; fresh gathered, 16141714o. New York Cotton Market. NEW YORK, April 30. Cotton futures, firm. May. 8.59c; July. 8.85c; August, 8.69c; September, 8.60c; October, 8.64c; November, 8.04c; December, 8.67c . . Wool at St. Louis. iST. LOUIS. April 30. Wool, quiet. Ter ritory and Western mediums, 18(5l9V4c; fins medium. 1517; fine, 12 a 15a. Portland Railway, Light and Power Company ONE YEAR, SIX PER CENT, GOLD -NOTES Dated May 1, 1908 Due May . 1, 1909 , 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. i 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 bond3. The Ponfcland Railway, Light & Power Company has provided over one million dollars to be expended in improvements and extensions during the calendar year, appropriating about five hundred thousand dollars alr&ady in the treasury, and an equal amount out of earnings, together with proceeds of this note issue, which expenditure is found necessary in order to properly handle the rapid growth in the company's business, occasioned by continued increase in population and development of territory Berved. 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 d&livery to purchasers at our office on and after May 1. Full particulars upon application. MORRIS BROTHERS Chamber of Commerce FIRM BUT NERVOUS Bullish Sentiment Prevails in Chicago Wheat Market. Tnn.in k-r TIIC rl nor - STRONG AT THE CLOSE '-. Improved Cash Demand and Liberal Export Sales at New Tork Cause Sbarp Bulge Cold Weather in ' West and Southwest. CHICAGO. April 30. Wheat was nerv ous, but bullish sentiment predominated. The market was Arm early In the day because of cold weather In the West and Southwest and for a time the market was strong. A sharp bulge occurred during the day on the Improved demand for cash wheat, and liberal sales In New Tork for export. The close was strong. July opened 994o higher at 884 08814c. sold off to 87?c and then sxlvcnced to 89!4c. The close was at 88. Corn, was strong the greater part of the day and was Influenced chleflly by wheat. Considerable weakness developed In the first half of the session, owing to the gen eral selling. The close was strong. July opened M&ttc higher at 63 c to 63 c. sold., off to 63 Vic and then advanced to 64 He. Tdk close was at 64 He. Oats were quiet and steady. July opened xinchanged at 45&C advanced to 45o and then declined to 45H. where It closed. Provisions were firm early In the day be cause of a 10 15c advance in live hogs. The cloea was steady with July cork 2Vso higher, lard 2ttc lower and ribs a shade higher. Leading futures ranged as follows: "WHEAT. Open. Hiffh. Low. Close. May f . .WVSi .0814 ! July KSV4 .Kthk .OT .87 'J September ... .85 .HZYt .&4 .84 j, CORN. May July September .7'4 .T"4 .ti.r .tuv M ,.62i OATS. .flfi'A ." 61 .R7H4 Mi! .62 Va May. eld .MU .B3'4 314 .BS4 May, new ... .C2-"i .524 .o24 .63 July, old 4 .' Vs .44 July, new ... .4 .44 .& .43 PORK. May 13.17 33.2TV4 13.16 13.15 July 13.65 13. 5 13.n0 13.50 Eeptamber ...13.90 13.65 13.80 13.80 LARD. May 8.40 8.45 8.3214 8.35 July 8.60 8.6H 847V4 8.55 September ... 8.80 8.85 8.70 8.72V4 SHORT RIBS. May 6.97V4 7-67V4 6.97V, 7.00 July .: 7.27Vs 7.85 7.27V4 7.27V4 Beptember ... 7.52V4 7.00 7.60 7.05 Cash quotations wera as follows: Flour Easy. Wheat No. 8, 6cff$1.10; No. 2 red, 9SV4 90c Corn No. 2, 67 94 (868c; No. 2 yellow, 681P 69c. Osts No. 2, 6274c; No. 2 white, 6SV4o; No. 8 white. 60e2Vic. Barley Fair to choice malting, 70ff75c. Flax seed No. 1 Northwestern, 11.21V4. Timothy seed Prime. $4.25. Short ribs Sides, (loose). .707.1o. Fork Mess, per bbl.. tl3.2013.30. Lard Per 100 lbs.. J8.35. Bides Short. . clear, (boxed), J7.87V401.62V4. Receipts. Shipments. "Flour, bbls. 28.500 90,500 Wheat, bu 22.000 lll.Sno Corn, bu 116.200 1!9,2(0 Oats, bu 226,500 806,200 Rye, bu. l.OuO Barley, bu 49,500 47,700 Northwestern Wheat Markets. MINNEAPOLIS. April" 80 Wheat May, $1.061.06Vic: July, $1.05: September, 90c; No. 1 hard. 11.10: No. 1 Northern. t 1.08c; No. 2 Northern, $1.05 91.0614 ; No. Northern. 98c$1.03. DULTJTH. April 30. Wheat, No. 1 North ern. 1.07V4: No. 2 Northern, $1.03V; May, $1.04V4: July, $1.04; September, 0c. ' Grain and Produce at New Tork. NEW YORK, April 30. Flouf Receipts, 11,100; exports. 6100: quiet but firm. Wheat Receipts, 4000; spot, firmer; No. DOWNING-HOPKINS CO. ESTABLISHED 1893 BROKERS STOCKS--BCNDS- - GRAIN Bonrht and sold for eaih and on maneta. Private Wires Rooms 201 to 204, Couch Building I 2 red' 106fto elevator and tl-OS'He t. o. b. I afloat: No. l Northern Duluth. $1.1T0 f afloat; No. 2 hard Winter. 1.13o f. o. b. As a result of higher cables and continued cold weather West, wheat ad vanced a cent before noon today. Reacting on liberal Argentine estimates. It recovered again on export purchases and a good mill ing demand, closing V4Vo net higher. May closed $1.06; July closed 97c; Sep tember, 92 c. Hides, wool, hops and petroleum steady. Grab at Son Francisco. BAN FRANCISCO, April 30. Wheat, Arm; barley, steady, foot quotations: Wheat Shipping, $1.62V4 01.65; milling, $1.6614 1. 70. Barley Feed, $1.38 1.42V4 ! brewing. $1.4f.1.52'4. Oats Red. $1.42Vi 1.55 : white, $1.52V4 1.65; grays, $1.50 1.62V4. Call-board snles: Wheat No trading. "Barley May, $1.40; December, $1.32 1.33.. Corn Large, yellow, $1.6501.70. European Grain Markets. LONDON, April 30. Cargoes steady. Walla Walla, prompt shipment, 3d higher, at 36s 9d; California, prompt shipment, 3d higher, at 87s to 87s 3d. LIVERPOOL, April 80. Wheat July. 7s 5d: September. 7s lHd. English country markets, partially dearer. French country markets, steady. Wheat ait Taooma. TAOOMA, April 30. Wheat, steady but unchanged. Bluestem, 86c; club, 84c; red, 82c. Coffee and Sugar. NEW YORK, April 30. Coffee futures closed steady, but a net decline of 515 points. Spot quiet. No. 7 Rio. 6c; No. 4 Santos, 88Vc; mild, quiet; Cordova, 9 to 13c. Sugar (Raw, nominal. Fair refining, 8.80c; centrifugal. 96 test, 4AHc; molasses sugar, 3.83c. Refined, quiet; crushed, 6.20c; powdered, 5.60c; granulated, 5.50c. GIVES COMMITTEE WORK Major Refers Matter to Almost For gotten Organizatoin. At last Mayor Lane lias recognized the fact that there is a Council committee on parks and public property. He officially acknowledged the members yesterday aft ernoon during the special Council ses sion by referring to the newly-discovered committee the matter of securing a suite of rooms In the City Hall for Park Super intendent Mischo. When a communication from Superin tendent Mlsche was read, in which he asked that he be given a suite of rooms for the office o the Park Department, Mayor Lane was puzzled. He did not know what to do with the matter. Clear ly it should not he filed, for It required action. There Is no City Hall committee of the Council although such a committee has a place in the Executive Board. After studying for awhile, a happy thought struck the Mayor. He suddenly remembered of a committee on "parks and public property." To that committee he quickly referred the matter. Scrutiny of the official leaflet of the Council discloses the fact that there really Is such a committee. The Mayor's old friend, M. J. Driscpll, is chairman, too. And this is the first Job the committee has had for, lo, these many months. Try to Stop Rate War. SEATTLE, April 30. In Its effort to stop the present rate war between the In land Navigation Company and the Can adian Pacific Railway Company's steam ships, a committee of the Seattle Mer chant's Association today conferred with officials of the Canadian Paclflc to learn their side of the case. Tomorrow tha same committee will confer with Joshua Green, president of the Inland Navigation a. A2237. Company, for a statement of his com pany's Interest In the war. Today's con ference was with W. H. Greer, M. B. Lan nigan, assistant traffic manager, and E. J. Coyle, assistant general passenger agent of thiCanftdlan Pacific BONDS FOR INVESTMENT PRANK UOBKIITSON Falling; iWilif-, Third and Wash." Sts, TRAVCLKKS' .Lil)K. PORTLAND RY., LIC.IIT ft TOWER CO. CARS LEAVE. Ticket Office and Walting-Room. First and Alder streets FOR Oregon City 4. 6:30 A. M., and every 80 minutes to and Including 9 P. M., then 10, 11 P. M. ; last car 12 midnight. (iresham, Btiring, Eagle Creek, Ksta earia. Caiudvro, l"airview and Trout dale 7:10, U:15. 11:15 A. M., 1:15. 8:45. 6:15. 7:25 P. M. FOR VANCOUVER. Ticket office and waiting-room Second and Washington streets. A. M. 0:l.-i. 8:50. 7:25. 8:00, 8:85. 9:10. 8:50. 10:30. 11:10, 11:50. P. M 12:30. 1:10. 1:50, 2:30. 8:10. 8:50. 4:30. 6:10. 6:50. 6:30, 7:05, 7:40, 8:15, 9:25. 10:3.'ii, ll:45t On Third Monday In Every Month the Last tar Leaves at 7:05 P. M. lally except Sunday. IDally exoept Monday. CANADIAN PACIFIC Empress Line of the Atlantic LESSTHAN FOUR DAYS ATSEA The Empresses Bail from Quebec to Liver pool In six days; two days on the majestic St. Lawrence. Speed, comfort, elegance and safety are combined In these splendid ex press steamers. Ask any ticket atront for particulars, or write J. K. HOHXSON. Pass. Act.. 142 Third St., Portland. Or. North Pacific S. S. Co's. Steamship Roanoke and Geo. VV. Elder Sail for Eureka, San Francisco and Los Angeles direct every Thursday at 8 P. M. Ticket office 132 Third St., near Alder. Both phones, M. 1314. H. Young, Agent. BAN FRANCISCO rORTLANO 8. B. CO. Only LMrect steamers and Dayllsht Sailings. From Alusworth Dock. Portland. 9 A. at. B. S." Senator. May t. b. 8. Ruse City, May 9, 23, June 6. From Spear St.. San Francisco, 11 A. M. 6. S. Rone City, May 2. 16, 30. 8. H. STATU Ui" CALIFORNIA, tSaf 9, 23, June 6. J. W. RANSOM, Dock Agent. Mln 20S Ainsworth Dock. M. J. KOCUE, Ticket Agent. 142 3d Bt. Phones Main 402. A 1402. COOS BAY LINE The steamer BREAKWATER leaves Port land every Wednesday at 8 P. M. from Oak street dock, for Ariorth fiend, Marshneld audi Coos Bay points. Freight received till 4 P. M. on day of sailing. Passenger tars first class, $10; sscond-ciass, $7, including berth, and meals. Inquire city ticket office. Third and "WashlOKtoB streets, or Oak-street dock. Telephone MSI