Morning Oregonian., May 08, 1908, Page 19, Image 19

TTTE MORNTNCr OKEGOXIAN, FRIDAY, MAT'S, 1908.
19
E
Critical Period for the Growers
May Have Passed.
FUTURE LOOKS BRIGHTER
Even Small Reduction In Acreage
Has Good Effect on Market and
Any Adverse Crop News
Will Id ft It.
While It Is loo early to raaka any re
Uable forecast of the course of the hop
market In the coming; season, or even to
try to guess roughly what next Fall's prices
will be. It must be acknowledged that
thing do not look as blue as they did a
short time ago. The Industry has suffered
from severe depression for three years now
and there must be a change some time. It
Is a long lane that has no turn. Whether
the conclusion Is right or wrong will soon
be demonstated, but viewed In all Its dif
ferent aspects the situation certainly does
not seem to be a hopeless one.
The hop market Is the most sensitive of
all markets. Goverened solely by the law
ef supply and demand. It takes but little
excess one way or the other to produce an
exaggerated result. The quantity of hops
required by the world is almost constant
and. therefore, a shortage or abundance of
the crop Is reflected at once In values. For
three years the market has suffered from
gross overproduction, and hops have sold
low, though generally, In the active months,
at prices that cover the expense of growing.
Now that overproduction la being remedied
by the elimination of a considerable number
of producers, there Is reason to believe that
prices may reach a figure mat will show
some fair profit over the cost of produc
tion. Reports from nearly all the hopgrowlng
countries of the world show some decrease.
In the acreage devoted to hop cultivation.
Washington heads the list with a decrease
of 90 to 40 per cent. Oregon's acreage will
be cut down this year about 15 per cent
and California's probably & per cent. The
decrease, in New York Is wimated at 8 to
10 per cent. England's acreage twill be at
least IS per cent less than last year, and
the decrease there would be greater, but
(or the agitation for the exclusion of
American hops by a prohibitive tariff, an
agitation fostered by the English hop
traders to save their occupation.
This cutting down of the world's acre
age may seem insignificant In view of the
surplus crops grown In the past three years,
and It may be Insufficient to put the market
on a very profitable basis for the growers.
It will, however, be sufficient to Insure them
against any further lowering of market
rates and may even be the means of bring
ing prices to a fair level. The yield of 190S
must be considerably less than that of last
year, and this fact can only have a bene
ficial effeot on the market.
Dealers and speculators realize these
facts and are trimming their sails accord
ingly. While contract buying at the current
prices for futures has not been heavy, It
haa, nevertheless, exceeded the selling for
future delivery. Bold, Indeed, is the man
who hi willing to "short" the market In
the face of these circumstances. Some short
selling has been done. It is true, but a
little Investigation will show that the sell
ers have already covered themselves.
Not only are contracts firm, but the spot
market has a stronger tone than It has
shown since last October. It has emerged
from the stage of a nickel market and
better than 6 cents has Been paid In the
past few days. As the available supply de
creases, buyers find It more difficult to fill
their requirements and necessary deliveries
can only be made by coming to the terms
Of the holders.
TWO CARS OF STRAWBERRIES DUB
U WenUier Is Not Favorable One W1U B
inverted to Seattle. .
Two oarloads of strawberries will reach
Portland this morning. A straight car Is
coming from los Angeles under Ice and
practically a full car will arrive from
Florin. Should the weather be as unsettled
as It was yesterday, this quantity will
prove too great for the local trade to ab
sorb, and the Loe Angeles car. which the
express company Is bringing. "Will probably
be diverted to Seattle, where strawberries
are In demand and selling higher than here.
Yesterday's berry arrivals were between
00 and OO crates from the Florin district,
some of them were 1n poor condition and
sold as low as' $1.50 per crate, but the
best brought 2. Receipts of Oregon berries
were the largest so far and prices declined
to 16 20 cents. Some of the Oregon berries
were shipped to Spokane for lack of buyers
here.
About 80 boxes of cherries were received
and prices ranged from S1.Z3 to $1.90 for
the best offerings. One car of oranges came
In.
Vegetable prices were generally steady,
except Walla Walla asparagus, which de
clined to 1. 15 1.26 per box, and hothouse
lettuce, which was in oversu'pply and was
quoted at CO$l per box. Onions were
scarce on the street as the car due from
California failed to arrive.
EGO MARKET IS MOVING UPWARDS
Candled Stork Selling on tne Street at 18
and 18V4 Cents.
The egg market was firm and higher yes-
terday. For candled stock 18 cents was gen
erally quoted and some sale, were made at
18H cents. Uncandled eggs were held at
17 cents. . Receipts were light and the de
mand was good.
There was a first-class Inquiry for poultry
of all kinds and a very little has come In,
the market has a decidedly strong tone.
Good orders from Seattle, Tacoma, Spo
kane and Alaska keep the butter market
well cleaned up in spite of a continued ln-
crease In production. The northern trade,
however, Is buying very closely and Insists
en shaded prlcea
Seasonable Advance In Fruit Jurs.
The approach of the Summer fruit season
has brought tbe makers of glass fruit Jars
to a realization of the fact that this Is a
good time to put prlcee up. Accordingly an
advance of ti.H0 per gross on the various
sizes was announced yesterday. Jobbers'
quotations are now $3 on pints, $S.7& on
quarts and $12 on half-gallons.
Bank Clearings.
Clearings of the Northwestern cities yes
terday were as follows:
Clearings. Balances.
Portland S 8SS.A16 103,16
Seattle 1.2H8.2V2 2X4.0.13
Tacoma TM.833 IVK.OST
Spokane 1,312,248 223,652
BOARD OF TRADE QUOTATIONS.
Fruits and Vegetables.
APPLES Select, $2.50 per box; fancy, $2
choice, $1.50; ordinary. $1.50. '
POTATOES Select, selling price, TOe pt
fcunCred; Willamette Valley, buying price.
5c per hundred; East Multnomah, buying
price, 55c; Clackamas, buying price. 55c per
hundred: new California, 44Hc per pound;
sweet. 5 He per pound
FRESH FRUITS Oranges. $3 3.50 per
box; lemons, $2.7S33.73; strawberries, $2
per crate.
ONIONS Texas Bermudas, $2.75 per
crate; garlic, 25c per pound.
VEGETABLES Turnips, $1 per sack;
carrots, $1.5091.75: beets. $1.25: parsnips.
$1.23: cabbage. $2.00 per cwt. ; tomatoes.
Florida, 3.75 per crate; Mexican. $2;
cauliflower, California, $1; head lettuce,
Ma per doua; cucumbers $L752 dozen;
HOP
FOB
ON
celery, S5c$I per dosen; artichokes, 50o
per doz. ; asparagus, 7Se pound; beans.
20o per pound; egg plant. 26S0o per
pound; parsley, 25c per dozen; peas, 7o
per pound; peppers, 20o per pound: rad
ishes, 15c per dozen; rhubarb. l2o per
pound; spinach, 83c per crate.
Grain. Hour and Feed.
WHEAT Track prices: Club, 874c per
bushel; red Russian, Sue; bluestem, 88c;
Valley, 87c.
FLOUK Patents. $4.85 per barrel:
straights, $3.8304.35; exports, $3.500363;
Valley, $4 45; 4 -sack graham. $4.15; whole
wheat, $4.40; rye. $3.23.
BARLEY Feed, $34.50 per ton; rolled,
$27 ft 2S; brewing, 2o.
OATS No. 1 white, $27.50928 per ton;
gray. $27.
M1LLSTUFF8 Bran, $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. $13;
Eastern Oregon, $17.50: mixed, $16; clover,
$14; alfalfa. $12; alfalfa meal, $20.
Butter, Eggs and Poultry.
BUTTER Extras, 22 Ho per pound fancy,
21c; choice, 20c; store, 16c.
EGGS Loss and commission off, 17Ho
per dozen. ,
CHEESE Fancy cream twins, 14lo
per pound; full cream triplets, 15ic; full
cream Young Americas, 10c; cream brick,
0c: Swiss blk., 20c; llmburger. 2214a.
POULTRY Mixed chickens, 13o per lb.;
fancy hens, 14 g 15c; roosters, old, 9c; fry
ers, doz., $4; broilers, doz.. $450 5; drsssed
poultry, per lb., lc higher.
Meats and Provisions.
DRESSED MEATS Hogs, fancy, 8 Via per
pound; ordinary, 77o; large, 8c; veal,
extra, 8c; ordinary, 7c; heavy, 6c; mutton,
fancy, 10c.
HAMS Hams, 10-18 lb., 15o per pound;
14-16 lb., 144e; 18-20 lb., 14 a.
BACON Breakfast, iS23o par pound I
picnics, 10c; cottage roll, lie
DRY SALT AND SMOKED Regular
short clears, smoked, 11 He per pound; un
moked, lO'.jc; unsalted bellies. 10-18 lbs,
smoked. 10013c; io-13 lbs., unsmoked, 13a;
clear bellies, unsmoked, 13c; smoked, 14c
shoulders, 11c; pig tongues. $19.50.
LAHD Kettle leaf, 10s, 12fco per pound!
5s, 12"4c; 50s, tins, 1214c; S. rendered, 10s,
UKc; Ss, 1114c; compound. 10s, 8Xc
JOBBERS' QUOTATIONS. '
Fruits and Produce.
FRESH FRUITS Grapefruit, $2.75
8.23; tangerines, $1.50 per box; bananas,
fic per pound; crated, 6c; cherries, $1
1.30 per box; strawberries, California, $1.50
&2 per crate; Oregon, 15&20c per pound.
VEGETABLES Peas, 47o per pound;
beans, 12c'ji&c; asparagus, $l.lo1.24
per box; head lettuce, 34&40C per dozen;
peas, tt'uSc; rhubarb, 233c; eggplant. East
ern, 13(&20c; Coachella. 13c; California
onions, $2.75 per crate; hothouse lettuce, $1
per box.
DR1KD FRUITS Apples, loe per poundy
peaches, 11312Vc; prunes. Italian. 66!o;
prunes, French. 3 5c; currants, unwashed,
cases, fitto; currants, washed, cases. lOo;
figs, white, fancy. Go-pouud boxes, G44a
KGGS Oregon ranch, candled, 1818VsO
per dozen; uncandled, 17V&C per dozen.
POULTRY Fancy hens, 14tt15c; mixed,
13H14c; roosters, 9(3 luc; fryers, 2&2io;
broilers, 21(j2oc; ducks. 17filbc; geebe,
8c; turkeys, alive. 144115c; dressed, 17 ISO.
Groceries, Nuts, Etc
RICE Southern Japan, 6 lie; head, 6Vz0
Tc; Imperial Japan, 6Vic.
COKi-EE Mocha, 24te2Sc; Java, ordinary
17 4$20c; Costa Rica, fancy, 18 020c; good
16 018c; ordinary, 12 0 loo per pound. Co
1.50 per box; strawberries, California. $1.50
02 per crate; Oregon, 15Q2VO per pound.
SALMON Columbia River, 1-pound tails,
$2 per dozen; a-pound talis, $2.U5; 1-pound
Hats, $2.10; Alaska pink, 1-pound tails, 83c:
red, 1-pound talis, $L45; aockeyea, 1-pound
tails, $2.
SUGAR Granulated, $6.43; extra C, $5.05;
golden C, $5.S5; fruit . and berry sugar,
$6.55; plain bag, $6.45; best granulated,
$u.5; cube (barrels), $6.85; powdered (bar
rels), $6.70. Terms: On remittances within
15 days deduct c Per pound; If later than
16 days, and within 30 days, deduct c per
pound. Maple sugar, 15 018o per pound.
NUTS Walnuts, 16V01So per pound by
sack; Brazil nuts, loc; filberts, 16c; pecans,
IGo;- almonds, 16Vs018c; chestnuts, Ohio,
23c; peanuts, raw, 60Sftc per pound;
roasted, lOc; plnenuts. 104? 12c; hickory
nuts, 10c; cocoanuts, yoo per dozen.
SALT Granulated, $1S per ton; $2.25 per
bale; halt ground, 100s, $1 per ton; 60s.
$11.30 per ton.
BEANS Small white. 4.70c; large white,
4.63c; pink, 8.83c; bayou, 8.860; Lima, 60;
Mexican red. 4 He
HONEY Fancy, $3.503.7O per box.
CEREAL FOODS Rolled oats, cream, 90
pound sacks, per barrel, $7; lower grades,
$5.3006.50; oatmeal, steel-cut. 45-pound
sacks, $8 per barrel; 9-lb. sacks, $4.23 per
bale; split peas, per 100 pounds, $4.2504.80;
pearl barley, $4.3003 per 100 lbs; pastry
flour, 10-pound sacks, $2.75 per bale; flaked
wheat, $2.75 per case.
Hope, Wool, Hides. Etc
HOPS 1O07. prime and choice. 406140
per pound; olds, 10lHc per pound.
WOOL EasLera Oregon, average best, II
015c per pound, according to shrinkage;
Valley, 10011c.
MOHA1K Choice, IS 018 Ho per pound.
CASCARA BAKK 803O per pound.
HIDliS Dry, 12 12 he; dry calf. No. L
under 3 lbs., 14016c; culls, 2o per lb, less;
waited hides, 5c; salted calf, Uc; greea
(unsalted). lc per lb. less; culls, lo par
lb. less; sheep skins, shearlings. No. 1
butchers' stock, each, 25 0 3Oo; short wool.
No. 1 butchers' stock, each. 00060c; me
dium wool. No. 1 butchers' stock, each, 750
0$1.OO; long wool. No. 1 butchers' stock,
each, $1.2301.30; home hides, salted, each,
according to size, $2.00 0 2.50; dry, accord
ing to size, each, $1.0001.50; colt's hides,
each, 25 0 50c; goat skins, common, each,
13023c, Angoras, with wool on, each, 80c 0
$1.30.
FURS For No. 1 skins: Bear skins, as
to size. No. 1, each, $5.00010.00; cubs,
each, $103; badger, prime, -each. 25 030c;
cat, wild, with head perfect, 80030c; house,
5020c; fox, common gray. large pilme,
.each, 40050a red, each, $306; cross, each,
$3015; silver and black, each. $1OO0
800; fishers, each, $508; lynx. each. $4,500
6.00; mink, strictly No. 1. each, according
to size, $103; marten, dark northern, ac
cording to else and color, each. $10015;
marten, pale, according to size said color,
each, $2.50 0 4; muakrat. large, each. 120
l&c; skunk, each. 30040c: civet or polecat,
each, 6015c; otter, tor large, prime skin,
each. $6010; panther, with head and claws
perfect, each, $2 03 raccoon, for prime
large, each. 50075c; wolf, mountain, with
head perfect,, each, $3.6003.00; prairie
(coyote), 6Oc0$l.OO; wolverine, each, $30
8.00.
Coal Oil and Gasoline.
REFINED OILS Water white. Iron bar
rels. lOVfec; wood barrels, 14Hc. Pear! oil,
cases, 18c; head light; iron barrels, 13Hc;
cases. 19o; wood barrels, 16Hc. Eocene,
cases, lc Special W. W.. ' iron barrels,
14c; wood barrels, 18c Elalns. cases, 28c.
Extra star, cases, 21c.
GASOLINE V. M. and P. naphtha. Iron
barrels, 12Vic; cases, 19 Ho, Red Crown
gasoline. Iron barrels, 16Hc; cases, 22-tto;
motor gasoline. Iron barrels. 16 He; cases,
22Hc; 80 gasoline. Iron barrels, 30o; cases,
87 He; No. 1 engine distillate, iron barrels,
9c; cases, 16c.
Eastern Mining Stocks.
BOSTON. May
7. Closing quotations:
Adventure . .$ I-1
75
Parrot 20.23
Allouez 27.
Amalgamated 62.
Atlantic .... lo.
Bingham .... 25
00
00
S7H
00
Quincy 80.60
Shannon 121.00
Tamarack . . 58.00
Trinity 13.75
United Copper 6.00
Cal & Hocla.630.'
00
Centennial . . 22.
Copper Range 61).
Duly West... 9.
R-ranklin .... 7.
00
75
00
75
00
75
73
u. H. Mining. 88.00
U. S. OU 22.50
Utah . . : 38.00 .
Victoria 2.75
Winona 4.75
Wolverine . . . 127. BO
Sranby 90.
Isle Royale.. 19.
Mass Mining. 2.
Michigan ....10.
Mohawk 48.
Mont. C. C. 50.
Old Dominion 85.
Osceola 82.
North Butte.. 68.50
23
30
00
00
00
Butte Coal... 22.60
Nevada 11.50
Cal & Ariz. . .104.00
lArlz Com 18.124
(Greene Cananea 8.00
NEW YORK, May
Adams Con 8
Alice 200
Breece 10
Brunswick Con. 8
Comstock Tun. . 88
C. C. & Va. 88
Iron Silver 1O0
Leadvllle Con. . 5
7. Closing quotations;
ILlttle Chief s
untano ...100
;Ophlr 230
Hotosl 12
Savage . . . . 23
Sierra Nevada.. 85
Small Hopes 18
Standard 130
Coffee and Sugar.
NEW YORK. May 7. Coffee futures dosed
steady, net unchanged to five points higher.
Sales were reported at 87,700 bags, including:
May, at 6.C3c: Juno, 6.05o; "July, 6.10c; 'Sep
tember; 0.16c; October, 6.10O; December",
6.16-6.20c; May, 6.20c. Spot, steady; No.
7 Rio. 6Vic; No. 4 Santos, 8?,e. Mild soffee,
quiet: Cordova, 0Sfl2c.
Sugar Raw, easy? fair refining, 8.86c; cen
trifugal, .96-test, 4.36c; molasses sugar, 8.6L
Refined sugar, steady.
Blew York Cotton Market.
NEW TORK, May 7. Cotton futures
closed firm May, 0.02c; June, 9.06c; July,
O.lOc; August, 9.03c: Septemner, 8.91c; Oc
tober. 8.93c; November, 8. 94c; December,
8.97c: January, 8.98c; February. 9.01c;
March, 9.030-
ORDERS TO SELL
Obstacle Presented to Ad
vance in Stock Prices.
MANY DECLINES IN LIST
Harriman Issues Cease to Be Load
ers In the Movement Important
Meeting of Railroad Officials.
Bonds In Strong Demand.
NEW TORK. Mar 7. The advancing ten
dency of prices was partly checked, today,
or broken In upon by reactions of prominent
etocles. Others oontlnuled to rise, but
without the dominating speculative senti
ment caused by the movement of Harriman
stocks. It Is said to mean that waiting
order to sell at fresh etages of, an ad
vance present an obstacle hard to over
come.
The reactionary tendency of nrlces was
not laid to any important new development.
There wtu some disappointment that no
action was taken by the Union Paclfio au
thorities toward the sale of tbe Intended
bond issue. The failure to obtain a quorum
of the directors for the meeting-, which
Wall street expected would act on the bond
issue, was stated to be due to tbe necessity
of the presence of the president of the com
pany at another Important meeting.
The aasumptioni that this other Important
meeting had to do with the efforts making
among railroad officials to oring about an
advance in freight ratee directed attention
to that toplo which Is an important one In
the view of the speculative element. The
belief that freight rates were to be ad
vanced has been s notable Influence on the
recent strength of stocks. Reports eman
ated from the conference of unexpected
difficulties being met with in putting the
project Into force. Not the ieat of these
Is the organised protest from shippers
a gal net raising charges for transportation
at a time when business depression calls
for low prices to stimulate demand.
Money conditions were little changed. The
strong return of the Bank of France was a
feature of the day's news, as It gives
promise, with the decline in the private
rate of discount In Parts today, of the sat
isfaction of the demand at the center for
gold from London and New York.
The bond market was firm and was not
able for the appearance in the dealings of
long dormant bonds for small accounts.
Total sales, par value, $5,454,000. United
States bonds are unchanged on oalL
CLOSING STOCK QUOTATIONS.
Closing
dales. High. Low. Bid.
Adams' Express
175
Amal Copper .... 39.400
03H
80
61
3014
62
86
100
28
93
192
19
23
9
21
50
101
72
97
127
91
38
82
90
83
87
84
47
165
180
87
4
152
130
10
15
66
27
30
69
60
118
14
68
160
495
22
68
33
18
83
2354
132
135
9
64
24
70
16
34
24
65
107
15
29
111
123
48
27
69
61
49
101
87
Gti
82
61
2
118
90
Am car & Foun. 2.6U0
do preferred
Am Cotton OU..
600 2& 28
do preferred .
Am Express .....
Am Hi s U pf. 200
American Ice ... l,2oo
Am Linseed Oil
do preferred
19
23 v.
19
23
Am Locomotive... 14,100
62
102
127 H
60
102
72
97
127
88
62
do preferred . . . 300
Am Smelt & Ref S6,8oO
do preferred
200
3u0
Am Sugar Ref..
Am Tobacco otfs.
Anaconda Mln Co.
Atchison
do preferred ...
4,300
11,700
3tt
83'
Atl Coast Line...
Bait & Ohio
do preferred . .
Brook Rap Tran.
Canadian Pacific.
Central of N J...
Ches & Ohio
Chi Gt Western..
900
2 JO
6.800
8,300
StSVi
84
47H
156 i,
180 .
3SH
.
153
1321,
87
84
4
165
180
88
162
130
lOO
2,900
100
1,100
14.200
Chicago & N W.
C, M & St Paul.
Chi Ter & Tran.
v do preferred . .
C. d C t St L.
100
67
28
30T4
69
60 H
119
14 H
68
161
498
22
63
34
19
34
24
136
133
67
2
80
69
60
110
14
68
159
485
22
57
33
18
34
24
134
133
Colo Fuel St Don 22.100
Colo &. Southern.. 1,800
do lat preferred,
do 2d preferred.
300
800
200
200
100
1,800
600
400
400
8,800
l,70O
600
200
700
100
Consolidated Gas. .
Corn Products . . .
do preferred ...
Del & Hudson....
Del, Lack & West.
D & R Grande....
do preferred . . .
Distillers' Securl..
Erie
do 1st preferred.
do 2d preferred.
General Electric..
Illinois Central . .
Int Paper
do preferred ... 200
Int Pump
do preferred ... 100
Iowa Central . . . ,
do preferred ... 400
K C Southern ... 1,900
do preferred ... 600
Louis & Nashville. 800
Mexican Central
Minn & St Louis 100
M, St P & S 8 M.. ,
do preferred
64
'7i
63
71
84
56
107
"29"
84
23
65
107
'29"
Missouri Pacific...
Mo, Kan & Texas
do preferred ...
National Lead ....
Mex Nat R R pf.
N Y Central
N T, Ont & West.
Norfolk & Western
2,600
2,000
100
e,6oo
"2,200
8,300
200
102
37
67
do preferred ...
North American 1,000
Pacific Mail
Pennsylvania
People's Gas
P, C C & St Louis
Pressed Steel Car
do preferred . . .
600
8,900
600
'"966
100
29
84
29
84
Pullman Pal Car
Reading 201,200
do 1st preferred . ......
do 2d preferred.
112 110
Republic Steel
do preferred . .
Rock. Inland Co. .
1,300
21,200
1,200
do preferred . . .
St L & S F 2 pf.
St L Southwestern
1.10O
200 1
100
do nref erred ... 900
Southern Paclflo ..'23,700
do preferred ... 2o0
Southern Railway. 1.300
do preferred . . . 500
Texas & Pacific 70O
Tol. St L & West 100
f?3
41
138
do preferred
400
Union Pacific
do preferred
U S Express .
U S Realty ..
U S Rubber ..
do preferred
..103,600
8,000
22
84
400
83
36
100
U S Steel 2,200
do preferred ... 6,000
Va-Caro Chemical
do preferred ... -
Wabash 1.600
do preferred ... 4,200
Wells-Fargo Ex
Westlnghouse Blea 400
Western Union ... 400
Wheel & L Erie... 200
Wisconsin Central. 600
do preferred 800
Northern Pacific. 29,300
Central Leather .. 1.200
do preferred ... 1,000
Sloss-Sheffield .... 400
Gt Northern pf... 10,100
Inter Met 100
do preferred ... 200
100
21H
49
61
7
16
41
135
26
94
48
129
1095
27
80
Utah Copper 600
Total sales for the day, 673,800 shares.
BOND.
NE1W TORK. May 7. Closing quotations:
U. s. ref. 2a reg.103
N T C G 8s.. 87
North Paclflo 8s. 78
do cvupon. .. .104
U. 3. 8s reg..,.100
do coupon .... 100
U. S. new 4e reg.119
do coupon. .. .121
Atchison adj. 4s 87
D i R O 102
North Paclflo 4s. 101
South Pacllio 4. btu
Union Paclflo 4s. 100
Wlscon Cent 4s. 82
Japanese 4e 76
fitirke ac London.
LONDON. May T. Consols for mone;
89; do for account. 86.
Anaconda ... 7.87 N. T. Central. 105.00
Atchison 84.73
Norflk ac Wes 60.OO
do prof 92.00
Bait & Ohio. 90.30
Can Pacific. 159.87
do oref . . 83.00
Ont & West. 8H.12V4I
rfnniyiTiiniK,
Chee & Ohio. 39.87 Rand Mines.
5.62
Chi Ort West e.OO iKeaaing; ...
07.25
M. & S. P.186.O0 isouthern Ry
15.75
De Beers.... 9.12
D R G 23.50
do pref.... 67.00
Brie 19.62
do 1st pf.. 35.00
do 2d pf. . 25.00
Grand Trunk 15.37
111 Central... 189.00
L & N 11O.00
Mo. K. AT.. 28.87
do oref 41. SO
South Pacific 80.37
union r-ac1no.14a.7a
do oref. . .
83.00
U. S. Steel. . .
87.37
do pref
105.00
11.00
20.00
92.50
Wabash
do pref
Spanish 4e...
Amal Copper,
64.37
Money, Exchange, Eta
NEW TORK, May 7. Money orf call
easy, 12 per cent; ruling rate, 1
closing bid, 1; offered at 1. Time loans
firmer, 60 days, 2; 90 days, 3 per cent;
six months, 3 per cent.
Prime mercantile paper. 3&4W ner
J r . Marunc exenange una iwitn actual
business In bankers'-' bills at t4. 8764.8705
for demand and at S4.84S64.&47a for 60
aT bills. Commercial bills. $4.84 4.84.
Bar sliver, 53 o.
Mexican dollars, 47c
Bonds, Government, steady; railroads.
firm. .
LONDON, May T. Bar silver, firm.
24 8-lGd per ounce.
Money, 1MV1 per cent.
The rata of discount in the open market
for short bills Is 2 per cent; for three
months' bills, 2 or cent.
SAN FRANCISCO. May 7. Silver bars.
62c.
s Mexican dollars, 46c.
Drafts, sight, 2c; telegrapn, ec
Sterling, 00 days, $4.84; sight, $4.87.
Dally Treasnry Statement.
WASHINGTON, May T. Today's statement
of the balances show:
Available cash balances S249.59.1.430
Gold coin and bullion 16,7u7,lX
Gold certificates - 23.941.7M
PORTLAND LIVESTOCK MARKET.
Price Quoted Locally on Cattle. Sheep and
Hogs.
1 rnir demand for sheen prevented a de
cline in prices yesterday, notwithstanding
the day's receipts were the largest In sev
eral months The tone of the market, how
ever, was weak. Cattle continue strong
under an active local demand, and hog
prices are well maintained. Receipts yester-
day were 2445 sheep, 60 cattle, 200 hogs and
645 lambs.
The following quotations were current on
livestock In the local market yesterday:
Cattle Best steers. ."; medium, X4.509
17K- common. 3.50fi54: cows, beet. 84:
common, I3.60OS.75: calves, 4.605.5.
gheep Best wetners, ewes, i.-to.ow:
shearlings. SI less; Spring lambs, $636.50.
Hogs Best, $.35W6.60; medium, 15.76(9
6; feeders, 83.26 5.50.
Eastern Livestock Prices.
itn vra T Tatfl T? ,.wlntl, ftOOO '
1 . -J -Notlv steers. X5(S)6.90:
cows and heifers. $3.508.45; Western
steers, 3.25Q6; range cows ana neners, o
6; canners. $2.603.60; stockers and feed
ml ! 2K0S.4O: calves. 3. 60 8.60: bulls
and stags, 3. 2505.50.
MOgs xteceipts, ia,UVVj mamEi, alow w
6c lower. Heavy. t5.32 5.40; mixed,
S5.829.86; light, 5.255.35: pigs, $4.40
KJ1D; DU1K 01 saie (u.os,.o
ci 1 Dualni, 'JUUVl mark. rImHy!
1 w. V.a.llnir, l.tRAAlAln
wethers, $55.75; ewes. $4.73 5.30; lambs.
ga.30Wi.ou.
KANSAS CITT, Mo.. May T. Cattle Re
ceipts, 7000; market, steady. Native steers,
$3.50 7; native cows and hellers. $3.50
6.60; stockers and feeders. $3.60 5.70;
bulls. $3.506: calves. $S.756; Western
steers, $6.25 6.85; Western cows. $3.75
6.50.
Hogs Receipts. 17,000; market. S to 10
cents lower. Bulk of sales. $5.35 6.45;
heavy, $5.405.50; packers and butchers,
$5.350S.5O; light. $6.253.40; pigs, $3.759
4.23
Sheep Receipts, 6000; market. steady.
Muttons. 5a5.0O; lambs. t67.25; range
wethers. $4.755.60; ewes, $4.255.25.
CHICAGO, May T. Cattle Receipts, 7600;
market, steady to a shade lower. Beeves,
$4.757.25; Texans, $4.6036.50; Westerns,
$4.636; stockers and feeders, $3.705.75;
cows -and heifers, $2.50(6.60; calves, $3.60
06.
Hogs Receipts, 26,000; market, 80 lower.
Light, $5.256 65; mixed, $5.305.67 j
heavy, $&.2oS.65; rough. S5.25W5.ttO; good
to choice heavy, $5.405.65: pigs, $4.40(tf
6.20: bulk of sales, $5,630)5.60.
Sheep Receipts. 15.000; market, weak to
lOo lower. Natives, $49 6.10; Westerns. $4
6.10; yearlings, $!.lS'nG 50; lambs. $5.50S
6.70; Westerns, $5.80 7.60.
QUOTATIONS AT BAN FRANCISCO.
Prices paid for Produce In the Bay City
Market.
SAN FRANCISCO, May T. The follow
ing prices were quoted In the produce mar
ket today:
Vegetables Garlic, 1820c; green peas,
$11.25; string beans, 47c; asparagus,
37c; tomatoes, l.SO2; eggplants, 12
13c.
Poultry Roosters, old. $4 4.60: roosters,
young, $7.50310; broilers, small, t2.50ra3.6O;
broilers, large, $45; fryers, $78;
hens, $4.60139; ducks, old, $408; young,
$5&7.
Butter Fancy creamery, 23e; creamery
seconds, 23c; fancy dairy, 21 c.
Egss Store, 19e; fancy ranch, 22o.
Cheese New, 1212c; Young America,
13 13 c.
Millstuffs Bran, $32088; middlings, $33
f36.
Wool Spring, Humboldt and Mendocino,
20c; Mountain, 48c; South Plains and San
Joaquin. 8 11c.
Hops New and old crops. 17o; con
tra ots, 9wl2a
Hay Wheat, $120; wheat and oats,
$1619: alfalfa, $914; stock. $8 10; straw,
per bale. 5590c
Fruits Apples, choice. $1.75; common.
60c; bananas, $13.30; Mexican limes,
$5-506; California lemons, choice, $2.50;
common, 75c; oranges, navels. $1.85)2.75;
pineapples. 11.6006.
Potatoes Sweets, $2.60 3; Oregon Bur-
banke. 83c 1.60.
Metal Markets.
NEW YORK, May 7. There was a lower
market for tin in London today, with spot
quoted at 139 2a 61 and futures at 138,
Locally the market was easier, with quota
tions ranging from 80.70 to 81.12o.
Copper declined to 56 17s 6d for spot and
57 12s 6d for futures in London. The local
market was quiet and unchanged, with Lake
quoted at 12.6212.1tSo, electrolytic at 12.60
12.62o and casting at 12.2&312.37c.
Lead wae 2s 6d higher at 13 In London.
The local market was firm at 4.20'4.25c.
Spelter declined to 20 12s 6d In London
and was eaay with prices a shade lower lo
cally at 4.664.6So.
Iron was unchanged to Id higher in the
English market, with standard foundry quoted
at 60s 4d and Cleveland warrants at 61s 9d.
The local market was quiet. No. 1 foundry
Northern. 17.25S'18.0Bc; No. 2, 16.T517.60os
No. 1 Southern and No. I Southern soft,
16.60igT;.25c.
Dried Fruit at New York.
NEW YORK, May 7. The market for
evaporated apples is quiet. with better grades
scarce. Fancy are quoted at 10c, choice at
89c, prime at 7'7o and common to
fair at 5S6c.
Prunes do not seem to respond to short crop
reports, quotations still ranging from 4 to 14o
for California and from 6 to lOo for Oregon
fruit.
Apricots are weak, with choice quoted at
l.K313c, choice at 1414o and fancy at
1616c.
Peaches continue unsettled, with choice
quoted at 9c, extra choice at 9c, fancy at
10810o and extra fancy at iieMio.
Raisins are neglected, with loose Muscatels
quoted at 50c. steded raisins at 630 and
London layers at $1.23l.i.
Dairy Produce In the East.
CHICAGO. May 7. On the 'produce ex
change today the butter market was steady.
Creameries. 19a6c; names, lsraaic.
Eggs Steady; at mark, cases included,
lie: firsts, 14c: prime nrsis, lovio.
Cheese Steady, 110 12c.
NEW YORK, May 7. Butter Steady, un
changed.
Cheese Quiet, unchanged.
Eggs Firm. State, Pennsylvania and
nearby fancy selected white, 19c
Cheapness of Water Power.
Engineering Magazine.
If water power la Immediately available
In sufficient quantity for the use of the
factory. It is almost always the cheapest
form of power to use. By this Is meant
water power directly convertible into
power for operation of machinery not
water power used to drive electrical ma-
chinery from a distance perhaps of 60 or
60 miles. In plants where waterwheels
can, be obtained to develop the power in
the mill the cost is practically limited to
the Investment charges, the cost of oil
and repairs forming a very small fraction
of the operating cost. I have figures from
a number of wter-iower plants varying
In size from a few hundred horsepower
up to several thousand, and the repairs on
these plants are extremely small. On one
600-horsepower plant the labor for en
gineers and switchboard attendant
amounted to $1220 a year, the cost of oil
being less than $135 a year and repairs
$500 a year. At another plant, in the
Southern States, the cost was $l.z a year
per horsepower Installed; this Included the
maintenance of the electrical equipment
and the total cost of operation In this lat
ter case was less than $5 per horse-power
mstaled per annum. In plants-where logs
and Ice Interfere with- maintenance of
rack and waterway, the cost of repairs.
etc., may run up to 53 per horsepower in
stalled, but this la exceptional
DEPRESSED ALL DAY
Weak Tone Pervades Chicago
Wheat Market.
CAUSE IS FOREIGN DECLINE
Favorable Weather and Expectation
of Bearish Government Report
Hold Prices Down Another
Sharp Advance In Corn.
CHICAGO, May T. May wheat opened weak
because of a decline at Liverpool and the
favorable weather tor the new crop In the
Northwest. The expectation of an encourag
ing Government crop report depressed the
market all day. Trading was confined mainly
to the July option. July opened a shade to
0o lower at 89 to 90a, sold oft to 8o
and then advanced to 90 a. The cIom was
firm at 9090c
Another sharp advance oocurred in May
com, and a high record was established at
74c The upturn was) tbe result of a brisk
demand from shorts because of tbe continued
rains throughout the corn belt. May sold be
tween 71 and 74o and closed at 73c. July
opened o to e higher at 64 to 64o, sold
off to 64o and closed at 645'64to-
Oats were firm on buying by shorts and
commission houses. July opened o higher
at 46a. sold between 40 and 47 o, and
olosed at 47 c
Provisions opened weak because of a 5-cent
decline In live hogSL At the close July pork
wasi up 10a, lard was 637o higher and ribs
were 6c up.
Leading futures ranged a follows:
WHEAT.
Open. High. Low. Close.
May $1.03 $L03 $1.02 $1.02
July 90 .90 .89 .90
September ... .86 -8 -86 -83
CORN.
May
July
.72
.74 .71 .73
.64 .04 .64
Beptember
.63 .63 .62 .62
OATS.
May, old .
May. new
July, old .
July, new
September
.64
.63
-48
.45
.37
.85
.64
.47
.46
.37
.64
.53 S.
.66
.64
.46 .47
.46 .46
.87 .87
PORK.
May 13.40 13.40 18 40 13.40
Julv- . 13.00 13.60 13.43 13.60
Beptember ...13.75 13.82 13.70 13.82
LARD.
May 8.40 8.46 8.40 8.46 '
July 8.47 8.62 8.45 8.62
September ... 8.07 8.70 8.62 8.70
SHORT RIBS.
May 7.07 7.07 7.07 7.07
July 7.25 7.32 7.25 7.32
September ... 7.47 7.65 7.47 7.56
Cash quotations were as follows:
Flour Firm.
Wheat-No. 8, 97c$1.08; No. t red, $L02Q
1.03.
Corn No. 8, 7373c; No. S yellow,
73 c
Oats No. 2, 65o; No. S white, 619
64c.
Barley Fair to choice malting, 6772o.
Flax' seed No. 1 Northwestern, $1.22.
Short ribs Sides, (loose), $0.76S17.12.
Pork Mess, per bbl.. $13.4013.60.
Lard Per luO lbs., $8.45.
81des Short, clear, (boxed), $7.877.62.
Whisky Basis of high wines, $1.36.
Receipts. Shipments.
Flour, bbls. 22,400 64,800
Wheat, bu. 24.900 168,300
Corn, bu. 140,700 182,100
Oats. bu. 258.000 418.300
rtv im 1.000
Barley, bu." 41.800 4.100
Grain and Produce at New York.
NEW YORK, May 7. Flour Receipts,
29.400 barrels; exports, 3800 barrels. Steady,
with only a moderate demand.
Wheat Receipts, 13,000 bushels; exports.
167,600 bushel Spot. firm. No. 2 red, $1.07
elevator and $1.10 f. o. b. afloat; No. 1
Northern. Imluth. $1.16 f. o. b. afloat; No.
2 hard Winter, $1.13 f. o. b. afloat. While
the early wheat market was easier, owing "to
prospects for a bearish Government report to
morrow, the late market was firm on export
activity and covering of shorts. Last prices
showed a partial c net advance. May
closed at $1.09, July at 99c and September
at 94 c.
Hops Quiet.
Wool and petroleum 6teady.
Minneapolis Wheat Market.
MINNEAPOLIS. May 7. Wheat No. 1
hard. $l.llgl.ll; No. 1 Northern,
$1.09; No. 2 Northern, $1.0T; No. 8
Northern. $L071.08 ; May. $1.08; July,
$1.071.07.
, Wheat at Dulnth.
DUX.TJTH, May 7. Wheat No. 1 Northern.
$1.08; No. 2 Northern, $1.04; May, $1.06;
July, $1.08; September, 91c.
Wheat at Tacoma,
TACOMA, May 7. Wheat Unchanged.
Blue stem, 8Tc; club, 60; red, 3c.
Wool at fit. Louis.
ST. LOUIS, May 7. Wool. dull. Terri
tory and Western mediums, 1719c; fine
mediums, 15 loc; fine, llgyiic.
REAL ESTATE TRANSFERS
Lyde C. Leletus to John Lakson, 2
acres beginning at section corner
on section line between Sec. 20 and
21. T. 1 S., R 2 B- $ 1.200
Oregon Bicycle Club to D. Ew Bow
man, lots 4 and 5, block 4, Wait's
Cloverdale Annex 12,000
Mrs. L. m. Eastman to J. D. Kellher.
northerly 60 feet of lot 4. block 9,
Oak Park Add. to St. John 1
Title Guarantee & Trust Co. to Lillian
H. Gordon, lot 6. block 81, Ross
mere 550
I). B. Holmes and wife to Anna B.
Parmenter, lota 18 and 14, block 3.
Scenic Place 675
Robt. J. Upton to Ada Wallace Unruh,
lots 12. ltt end 14, block 1, Upton
Park 660
Moore Investment Co. to Karl F.
Razenmach, lot 14. block 48, Ver- ,
non 600
Adeline Pearson to David P. Ewen,
2 acres beginning at N. E. corner
of B. of N. W. of N. W.
of Sec. 25, T. 1 N., R. 1 E 8,000
W. C. Holman and wife to H. E.
Noble, lot 1, block 18, Portland
Homestead 1
Kenwood Land Co. et al. to American
v Trust & Investment Co., land in I.
L. C. of John Rankin and George
Force in T. 1 N.. R. 1 E., and T.
2 N., R. 1 E., from a point in
Columbia Slough road running north
ward to tbe Oregon Slough, 60 feet
wide and 8447.52 feet lang . . I
Herman V. Tartar and wife to Mary
E. Palmer, lot 6, block 14; West
Piedmont 1
Theodore H. Bckerson and wife to
Harold 6waln, lota) 10 and 20. block
80, Peninsular Add. No. 3 1
James Anderson to Carrie V. Thor-
sen. lot 16, block 14, Riverside Add. 10
F. H. Freund to Charles Relnheimer,
lot 16, block 2, Avondale 1
Centennial Investment Co. to Herman
Vetter, lot 16, Alblna Homestead
Add. 8.000
A. G. Weber to C. M. Newman, lot
I. block 1, Lofty View Add 676
George Wallln Lawrence and wife to
Ida M. Fortner. lots 7 and 8. block
15. ML Tabor Villa 800
Edgar J. Nausa to Agata BantelH. lots
26 and 26, block 6, Tabosca Add 860
Oliver R. Lawson and wire to Wllley
S. Foster, lot 8, block 2, Chrlgten-
sen's Add 1,700
Anson S. Frohman to A. L. Dundae,
lot 80. block 1, Reservoir Park. . . . 600
Frank A. Wlllard and wife to P. A.
Kngle south of lots 1 and 2.
block 1, Montavilla 10
Warren J. Burden and wife to D. M.
M. Blngman, lots 6 and 7, block 1,
Miriam 1
Investment Co. to Lewis A. Newton,
lots 6 and 6, block 28, Piedmont. . . . SOO
B. H. Bowman and wife to Mary C.
Anthony, lot 6, block 10, Sunnyslde
Add I
F B. Woodward and wife to J. C.
Clark, lot 10, block 5, Third Electric
Add 600
Mamie B. Walsh to John Wlneland,
north 60 feet of lot 8. block "Q,"
Tabor Heights X
Arthur J. Garesohe and wife to Laura
DOWNING-HOPKINS CO.
ESTABLISHED ISM
BROKERS
STOCKS --BONDS --GRAIN
Boairht and void for emmh mod mm marxta.
Private Wires ROOHIS 201 to 204,
S. Grenler, lot 12. block 8, Wilson's
Add 2.600
Chsjr. A. Bryant to James H. Murphy,
o.xun feet beginning at point In
south line of Syracuse street and
east line of Macrum street in North
ern Hill Add 460
Carle Saylor to Emma Grabach. un
divided or west or lot 6, block
'E." Caruthers to Caruthers 860
Carrie Saylor, guardian, to Emma
uraoacn undivided or west or
lot 5, block '," Caruthers' to
Caruthers' 860
W. R. Johnston to Helena Johnston,
lots 0 and 7, block 74, Peninsular
Add. No. 6 660
Robert Schulze and wife to William
James Walsh et al., lot 7. Seo. 81,
T. 2 N., R. 1 B 1
Heritable Securities & Mortgage In
vestment Association, Ltd., to Mary
J. Smith, east of lots 1 and 2,
block "D," Caruthers' to Caruthers 1.900
Andrea. Hausted to Nettle Walters, lot
78. Arleta Park lt
Thomas M. Anderson and - wife to
Cazadero Real Estate company,
lbts) 1, 2. 7. 8. block 1, and east
erly part of lota 8, 6, said block 1.
General Anderson's Addition 5
J. J. Jones and wife to George H.
Hawkins, lots 8. 9. block 1. Tom
llnson's Addition 438
Point View Real Estate Company to
Malena Root, lots 1. 8. 8. 4. block
84. Point View 460
William Wodtke and wife to Jnlia
Both, lot 2, block 138, Woodstock.. 660
Aloys Harold teo J. J. Murphy, lot
11. block 8, Loohlnvar Addition... IS
W. K. Shoemaker to Jens Sorensen,
lot 17., block 86, Vernon 1200
M. E. Thompson et al. to Fred Vetter
et al.. lot 18. block 2. Hancock
Street Addition SOO
Joseph Helney and wife to Ross Hei
ney, .66 acre, beginning at osuth
east corner of the Lab an Hicks D.
L. C, in section 17, township 1
south, range 8 east 1
John A. Fowler and wife to William
Wodtke, lot 2. block 138. Wood
stock 400
Julia Both to Mila Pearl Green, lot
2. block 188, Woodstock, agreement 450
Title Guarantee A Trust Company to
Dan Curtis, lot 10, block IS, Berke
ley 100
Will Ev Purdy and wife to Frank C.
Wtmblles and wife, lot 8, block 13,
Central Alblna Addition; lot 2,
block 7. York: lot 1. block 27.
Katherlne Addition; lot 9, Lam ar
gent Park: lot 4. block 13, Creston 6,500
John Zenner to Philip Zenner, undi
vided of the following: 21.04
acres, beginning at point in went
side of O. R. & N. right of way,
said point being 1095 feet north
and 1844 feet east from quarter
section corner between sections 23
and S3, township 1 north, range 2
eats; also tract of 1 acre, beginning
at the most southeast corner of 20
acres sold by C. M. Wiberg and
wife In section 28, township 1
north, range 2 east, to J. N. and
W. L. Hartley J, 100
Q. T. Gllkey and wife to J. F. Turn
blln. east half of lot 4. block 21.
Woodstock 760
security Savings & Trust Company
to J. F. Weaver, lots 1 to 4, block
1. lots 1. 8. 6. 7. 9. 10. 11. 12. block
3, Lexington Heights 10
John A. Lofqulst and wife to Alfred
G. Pearson, lot 4. block 7. High
land e.200
sunnyslde Land or Improvement
Company to S. P. McKes and wife,
lot 9 and east 6.18 feet of lot 8.
block 43. Sunnyslde. exceDt south
22 feet of said lots 700
S. C. Hurlbert and wife to S. A.
Nance, lot 4. block 6, Grimes Addi
tion to St. Johns 2,600
Helen R. CardwelL trustee, to Mat
thew Perlot, lots 8, 9, 10. block 8.
Saratoga 10
Title Insurance and Investment Com
pany to M. W. O'Bryan. south
66 2-8 feet of east 88 1-8 feet of lot
IS, block 9, Goldsmith's Addition. . 4,260
Xrvlngton Investment Company to A.
Crofton, lot 18, block 62. Irving
ton . eoo
Frank E. Ross and wife to William
Sutherland et al. lot lO. block 1.
Erwln A Watson's Addition to
Alblna 1,760
John A. Bell to Annie Maosn. north
40 feet of lot 10 and south 20 feet
of lot 1L block 1. Brush' Second
Addition 860
Charles W. Keller et al. to Mrs. E. J.
Tocum et al., tract "L," School
Park 1
George Bam ford and wife to Mar
garet L. Homes, lots 13. 15. block
1. Subdivision of Brown's Tract.... 800
J. J. Harris and wife to M. L. Hoi
brook, lots 11. 12, block 6, Termi
nus Addition to Alblna 2,000
W. H. Nunn and wife to Bruce Wol
verton, 10 acres, beginning at point
203.7 feet south of center of north
eats quarter of section 28, township
1 north, range 2 east (to correct
error) 1,200
Joseph A. Sellwood and wife to J.
A. Jones and wife, lots 8. 8. block
1. Tomllnson's Addition 700
Title Guarantee & Trust Company to
Henry Gerson et al.. lots 11. 12,
block 20. South St. John 1,160
Will K. Purdy. trustee, to Frank C.
Wimble, lot 2, block T, York Addi
tion 1
G. C- Gibson and wife to John James,
lots 10. 17, block 8. Arleta Park
No. 3 1,600
The Clarke-Clemson Company to
Mary Shannon, lot 19, bloolc 8,
Clemson Addition
Total -.....$78,827
Have your abstracts made by the Beourltj
Abstract A Trust Co., 7 Chamber of Com.
DOGS AND LIBRARIES.
Mew England Literature as a By
product of Canine Pets.
New York Sun.
A tradition of Massachusetts Is con
nected with this bromldlom out of the
country newspaper man's handbook which
gets Into print frequently In this season
when town meetings abound: "The dog
fund was voted to the public library."
Rosalind exclaims In one of her moods
that she hasn't a word to throw at a
dog. She might have 'shown less scorn
for dogs and their relation to words,
printed words, at least, if she had been
a New England girl dependent upon the
town library for her light Action.
For the libraries of some Massachu
setts towns are supported in part by the
dogs. To be sure. It Is the duly licensed
and therefore respectable dogs that have
their being in the Interest of libraries,
and In view of this fact Rosalind could
no doubt have cast a waste word to a
wandering cur without setting astir any
scruples in the thought that she had
wounded the feelings of her benefactor.
Dors that live under the law In Mas
sachusetts are licensed annually by the
city or town clerk upon the payment of
a $2 town fee. Twenty cents of this is
allowed to the clerk for issuing and re
cording the license. After collecting the
fees and deducting his share, the clerk
turns the money over to the County
Treasurer, who keeps a dog fund out of
which all claims for damages caused by
the dogs of the county are paid upon the
order of the County Commissioners.
The 69 cities and towns of Worcester
County gathered over $35,600 In dog
license fees In 1907. The total claims and
expenses footed $4138.28. or about 11 per
cent of the receipts, leaving 89 per cent
of the original remittance to be returned
to the 59 cities and towns.
The sums returned cannot be merged
Into the cash assets of the various mu
nicipalities, bnt In accordance with a
state law must be expended for the sup
port of either public libraries or schools.
In the cities one seldom knows for which
of the alternative objects the money has
been used, unless he has curiosity enough
to look Into the official reports, which
would be a deal of curiosity Indeed In a
city. In the country one Is less likely to
escape the matter, for year after year
In the yard-long warrant for the annual
town meeting there appears the Item or
article:
"To see what disposition the town will
make of the dog fund the ensuing year."
As the schools call for a definite appro
priation, it Is usually found convenient
to select the library as the recipient of
the fund. Some towns make other offl-
l cial provision for their libraries, but In
Telephone BsTS:
A2:
others where no little Tankee sentiment
or lack of sentiment prevails and
where there Is a tendency to regard the
library as a superfluity to be tolerated,
and not at al as a necessity to be classed
with stone bridges, a storehouse for the
road scraper, the salaries of the Select
men and other accredited bulwarks of
the body politic, even the dog money Is
handed over begrudglngly, as far as soma
oitlsens are concerned.
Now and then a worthy of a Massachu
setts town will be heard to declare right
before the assembly In the village store
at mail time that "the library Is a darned
nuisance anyhow," for hasn't he gone
home many a time after getting the eve
ning paper to find his wife reading one
of those profitless library books and no
upper on the table, not even the tea
being "het"T
Even In the orabbedest New England
towns, one hears now no religious objec
tion to the libraries as a means to novel
reading, although now and then soma
middle-aged woman of unimpeachable
rectitude conoelves it her duty to havsj
some new novel barred by the library
authorities, In order to protect others
from the Immoralities she has found In
It. And as the authorities are usually
quite as respectable as she, the book la
likely to b "out" when It Is asked for
thereafter.
Steals Future Father-ln-Jjaw.
Glasgow Herald.
A pathetlo tale of Eskimo love la told
by Lieutenant Shackleton. the leader of
an Arotlo expedition. A young Eskimo
loved an Eskimo lass, but as he had not
the necessary number of sealskins to pro
vide the marriage portion required by heir
father, he met with no encouragement
from the stern parent. A yawning chasm
separated the respective dwellings of the)
ardent lover and his beloved, which could
be crossed only by a snow bridge. The
youth conceived a plan. He would cross)
the snow bridge In the night, abduct tha
girl, and after reorosslng, destroy the
bridge, and so prevent pursuit. He car
ried the plan into effect. One night ha
crossed the bridge, invaded the hut of
his idol, seized the sleeplng-bag, and de
parted, destroying the bridge after he had
crossed. Then he opened the sleeplng
bag and discovered that he had abduoted
not the girl, but the old manl
New Bank tor Lebanon.
OREGONIAN NEWS BUREAU, Wash
ington, May 7. The First National Bank
of Lebanon, Oregon, has been authorized
to begin business with $60,000 capital.
P. M. Scroggln Is president. S. P. Bach,
vice-president and Seymour Washhirn,
cashier.
At a recent auction In Paris an unpub
lished letter was ofTered, written by thet
poet Heine, who said therein (the letter Is '
dated April 21. 1834) : "I am today the bent
German author. Among the blind the one
eyed man Is King. But since I have two
eyes, no doubt run remnln."
TRAVELERS' GCTDB.
PORTLAND RY., LIGHT POWEn CO.
CARS LEAVE.
Ticket Office and Waltlag-Boosa.
First and Alder btreeta
FOR
Oregon City 4, 6:30 A. M., and every
80 minutes to and Including S P.
then 10. 11 P. M.; last car 12 midnight.
Gresham, Boring, Eagle Creek, Eat
eada, Cazadero, Fail-view and Trout
dale 7:15, 8:16, 11:16 A. M., 1:15, 8:44,
6:16. 7:26 P. M.
FOB VANCOUVER.
Ticket office and waiting-room Second
and Washington strsets.
A. M. 6:15. 6:50, 7:25, 8:00, 8:85,
0:10. 8:50. 10:30. 11:10. 11:60.
P. M. 12:30. 1:10. 1:60, 2:80. 8:10.
8: 50, 4:30. 6:10. 5:50. 6:30, 7:06, Tl40
8:15. 0:25. 10:851 11:45$.
On Third Monday in Every Monta.
the Last Car Leaves at 7:05 F. Al.
Daily except Sunday. IDally except
Monday.
CANADIAN PACIFIC
Empreu 11 n a of th Atlantic
LESS THAN FOUR DAYS AT SEA
The Empresses sail from Quebeo to Liver
pool In six days; two days on the msjestla
St. Lawrence, bpeed. comfort, elegance and
safety are combined in these splendid ex
press steamers. Ask any ticket aitent fo
particulars, or write J. R. JOHNSON, Pass.
Agt., 142 Third bt.. Portland. Or,
North Pacific S. S. Co's. Steamship
Roanoke and Geo. W. 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.
SAX FRANCISCO A PORTLAND 8. 8. CO.
Only Direct Steamers and Daylight Salllnss.
From Alnsworth Dock. Portland, u A. M.
6. S. Rose City, Muy 8, 23, June 6.
S. 8. Slate of Cullfornia, May 10. 30. etc.
From Spear St., San Francisco. 11 A. M.
B. 8. STATE Of CALUOK.NU. May ,
23, June 6.
8. Bu Rose City. May 10. 30. June 13, ete.
J. W. RANSOM. IHrk Agent.
Main 2iS Alnsworth Dock.
M. J. ROC HE, Ticket Agent. 142 3d St
Phones Main 402. A 1402.
COOS BAY LINE
Th itearaer BREAKWATER leaves Port
land every Wednettduy at 8 1. M. from Oak
btreet dock, for North Bend, Martthtleld antl
Coos Bay points. Freight received till 4 P.
M. on day of sailing. Passenger fare first
class, $10; soconU-class. $7, including bertb
and meals. Inquire city ticket office. Third
and Washington streets, or Oak-street dock.
SEE THE COLUMBIA RIVER
Via
REGULATOR LINE
Daily service to The Dalles and
return. Phones ' Main 914, Home
A 5112.
Columbia River Scenery
Str. CHAS. R. SPENCER
Round trip dally, except Sunday, for
The Dalles and way points. Leaves 7
A. M. Returns 10 P. hi.. Washington,
it. dock. Phones 3184.
COUCfl Building
4
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