THE 3IORXIXG OREGOXIAX, SATURDAY, MAY SO, 190S.
13
HOPTRADEAND BEER
Decrease m Brewery Output
Not so Marked.
BARREL TAX IN APRIL
Government FJ?ures Show a Shrink
age of Only 102, 296 Barrels,
While in Preceding Month the
Decrea se Was 5 0 8 . 5 6 0 .
Government figures have been received
on the beer production in April, which
make a better thowinK. from the brewers?
standpoint, than the statistics of the earlier
months. The -output Is still under that of
a year ago, but the decrease Is not so
marked as in February and March. The
beer production, in barrels, of the first fnur
months of the year compare with the same
months of 3907 as follows:
IlifiT rtec
January 3.737.434 3.a.m RS.3o:s
February 3,&0,76 3.22,43 l'.S.9r3
March 4.rtl.415 4.1.V...S-1-0 5'S 5t
April 4.627.868 4,5J5,57 102. 2U6
The decrease In the consumption of beer,
as Is shown by the above figures, is not due
entirely to the prohibition movement, but
Is the effect rather, of business depression
In the East and climatic conditions. The
cold weathr in March was principally re
sponsible for the heavy shrinkage in produc
tion that month. Purine the coming Sum
mer It Is considered probable that no de
crease will be shown, unless general busi
ness should be very poor, and it is more
than likely that there will be an Increuse
in the consumption of beer, as usually oc
curs in a period of political excitement.
These beer statistics have a direct bear
ing on the hop market, showing the pres
ent consumption of hops and the future re
quirements of brewers, who are rapidly
drawing on their present reserve stocks. Up
to this time, however, the Eastern demand
for hops has been nominal and the only
support given the market has boen the ex
port inquiry.
The London trade continues to stock up on
hops of all descriptions. This foreign de
mand Is attributed by many of the local
dealer to a desire on the part of English
speculators to load up with American hops
in anticipation of England putting a duty
on Imports. Decreased acreage and poor
crop prospects in England are also doubt
less an Influence in the buying.
The English fcnp inquiry committee, ap
pointed by Parliament to Investigate the
condition of the hop industry in England,
continues to hold sessions and gathor evi
dence for and against the Imposition of a
tax on American and othec imported hops.
At the session of May 8. the principal wit
ness was Charles Oscar Grldley, of the firm
of rattley. Grldley ft Co.. hop merchants, of
London, who spoke In behalf of the Hop
Growers' Association.
In answer to the chairman. Mr. Grldley
paid:
No doubt the Acreage under hops
was decreasing, because growers were losing
money. He had also tried to find out why
thoy were losing money, and had arrived
st the conclusion that the chief cause was
the Importation of cheap foreign hop's com
ing into th country duty free. It was gen
erally accepted by every ope who knew the
Pacific Coant that hops could be raised and
put on the market in England at a profit
If sold at AOs per hundredweight. He was
in California in 1814, and then a little In
dian and Chlne labor was ued. but gen
erally the cost of lubor used m be as hih
an it was In England. The Vac-Mo Coast
growers could grow so cheaply because of
natural advantages.
If a i'hn duty Is placed upon foreign hops
it "ill place the Partite Cott.st grower pretty
well m an equality with the English grower.
If this in done, I hope it will make a largely
lnreajed acreage in England pay. The ef
fect upon tradHt-4 will be that they will be
able to hold English hops better than they
can today. With an unknown quantity
threatening to come over here. It Is Impos
sible to gauge the market sufficiently well
to say that any price English hops com
monce at will be maintained. ar.d, therefore,
English traders and brewers have learned
a very bitter lesson by holding English stock
and seeing Its value gradually depreciate
week by week.
The majority of the brewer were with the
hop growers In the matter. His association
also advocated an increased tax on foreign
beer. He anticipated that the import of
Paciflo Coast hops into England this year
w-ould be a record one. From January to
the end of April 1&.V0O0 centals of American
hops had been sent over, and he believed
that that abnormal importation was due to
the belief of the American growers that a
duty would shortly be put on Imported hops,
nn1 they wished to reap the additional
profit.
FIRST CANTEXOCPKS OF THE SEASON
Kdot Crate I'ome From Brwley Local Po
litic Market Firm.
Four crate of cantaloupes, the first of
the season, arrived from Hrawlcy. Cal..
yesterday. They sold at 94 per crate. A
shipment of 43 boxes of apricots arrived,
and as they were green they sold slowly at
$1.50'? 1.75 per box. Strawberries wrre In
fair supply and moved readily. Hood Rivers
and Spring Brooks brought 94 per crate and
other Oregons $3.rt0. California berries ware
quoted at $l.T5$f2.
Carlot receipts from California were a
car each of navel oranges and lemons and
two oars of red onions.
The local potato market Is strong;. In splta
of the slump at San Francisco, and jobbers
were yesterday asking 91 & 1.10. Shippers
are Ignoring San Francisco and filling soma
Tilers far Arizona and Seattle. No Improve
ment In the Pay City market la expected
for about 10 days, when the present heavy
stocks will be worked off.
tiiIiAmook skips ail its cheesk
"o Likelihood of a IVcline In the Next Two
or Three Weeks.
Cheese Is cleaned up well at Tillamook, as
everything- fit to ship has been moved out.
and any chance of the market declining in
the next two or throe weeks' Is remote,
Thecal stocks are not excessive and the mar-i
ket Is held steady by a good Northern de
mand. The Bound Is also buying -butter freely,
as the Seattle market is above Portland,
and there Is no danger of a surplus accumu
lating here in the near future.
The poultry market was decidedly weak
yesterday and several overloaded dealers
onVred to clean up chickens at 1- cents.
Kegs were slow and barely steady at the
former range of prices.
California Buying Wheat.
The only buying apparent in the wheat
market is on California account. For South
ern shipment dealers are paying i3
Hnta for bluestem aid 10 cents for club.
These prices are from 1 to 3 rents above
sport values and are also more than local
nlllers can pay, but the Californtans face
. shortage and are therefore compelled to
Id up In order to got the grain. Some
Eastern demand for oats is still reported.
Bank Clearings.
Clearings of Northwestern cities Vaster
lay were as follows:
Clearlnra. Balances.
inland $ 7 $ .- ;r. i
attie Hj!4-it
Tauma rt.. 1 1 S i.i vi
Spokane C.o7.4,". 1 ,V.;i71
The total bank clearing of Portland for
May, 1 !, were lW2.0,344. as compared
With $3,tfi2.5fl6 for May. lVifT.
BOARD OF TRADE QUOTATIONS.
Grain. Floor and Feed.
WHEAT Track prices: Club, 0o per,
bushel; red Russian, S5c; bluestem, 02c;
Valley, fine.
FLOCK Patents, $4.85 per barrel;
straights. S4.05&4..VC; exports, $3.70; Valley.
$4.43; 14 -sack graham, $4; whole wheat,
$4 23; rye. $5 50.
BARLEY Feed, $25.50 per ton; rolled.
427. SO 28.50; brewing. $26.
OATS No. l white, $27-50 per ton; gray,
$27.
II ILLSTUFFS Bran, $26 per ton ; mid
dlings. $30.50; shorts, country, $28 50; city,
$2s. .".: wheat and barley chop. $27.50.
HAT Timothy. Willamette Valley, $17
pei ton; Willamette Valley, ordinary. $15:
Eastern Oregon. $18 50; mixed. $16; clover,
$14; alfalfa. $12: alfalfa meal. $20.
Meats and Provisions.
DREfSED MEATS Hogs, fancy. 8c
per pound; ordinary, 7c; large, 6c; veal, extra,
7n j; ordinary, tic; heavy, oc; mutton, fancy,
HAMS Hams, 10-13 lb., 15c per pound;
14-10 lb.. 14c; IS-20 lb., 14-C.
BACON Breakfast. 1522c per pound;
picnics, 10c; cottage roll, lie
DRY SALT AND SMOKED Regular
short clears, smoked. llVfcc per pound; un
smoked, 10c; unsalted bellies. 10-13 lbs.,
smoked. 10i&i3c; 10-13 lbs., ummoked. 12c;
clear bellies, unsmoked, 13c; smoked, 14c;
shoulders, lie; pig tongues, $18.50.
LARD Kettle leaf. iOs. 12?4.c per pound;
5s. 12;c; 50s, tins, 1244c; S. rendered, 50.
ll4c; 5a, 11 c; compound, 10s, t)c.
Butter, Eggs and Poultry.
BUTTER Extras. 25c per pound; fancy,
24c; choice. 2jc ; store, 16c.
EGGi: Candled, l'JVi &20c per dozen; un
candled. Ittc per dozen.
CHEESF Fancy cream twins, 13c pef
pound; full cream triplets, 13c; full cream
Young Americas. 1 4c ; cream brick, 20c ;
Swiss blk.. lHc; limburger. 20c.
POULTRY Mixed chickens, llf?12e lb.;
fancy hen. 32'i 1 2 c ; roosters, Sc ; fryers,
2c ; broilers, 12 c; ducks, old, 17 ijr ISc;
Spring, 2' ru 22 c ; geese, tc ; turkeys,
alive, 16 fa l!c for hens, 14l0c for gobblers;
dressed, 17(&liK;.
Fruits and Vegetable.
APPLES Select. $2.50 per box; fancy, $2;
cho;ce, $1 50; ordinary, $1.25.
POTATOES Buying price, old Oregons,
choice. TU&SOc per hundred; new California,
2 It -'-c per pound.
FRESH FRUITS Oranges, fancy, $3-250
3.75: lemons, $3. 75(,4; strawberries, Cali
fornia. $1.75 fr 2 per crate; Oregon, 155
17c per pound; grape fruit, $2 75ifl?3.25 per
box; bananas, 0V4l6c per pound; cherries.
$ 1.25 ft 1.50 per box ; gooseherries. 6c per
pound; apricots. $1.50 1.75 per crate;
canteloupea. $4 per crate.
ONIONS California red. $1.651.75 per
sack; Bermudas, per crate; garlic, 151?
20c per pound.
VEGETABLES Turnips, $1.50 per sack;
carrots. $1.505 1.75: beets. $1.75; parsnips,
$1.25; cabbage, $1.7552 per cwt. ; beans, 11
12V4c per lb.; head lettuce. 12Vi 15c per
rloz. ; cucumbers, 50c(g$l doz. ; asparagus.
$1.50 box ; eggplant, Uic lb. ; parsley. 25c
per dozen; peas, 55? 7c "per pound; peppers,
20c per pound : radishes. 15c per dozen;
rhubarb, ac per pound; spinach, 3c per
pound; cauliflower. $2.50 per crate; green
corn, 00c per dozen.
JOBBERS' QUOTATION S.
Groceries, Nuts, Etc
DRIED FRUITS Apples, 7Hc per pound;
peaches, ll12Vc; prunes, Italian. 506c;
prunes. French, a 5c; currants, unwashed,
cases, 94c; currants, washed, coses, lOo;
flgs. white, fancy. &0-pound boxes, 6 Via
COFFEE Mocha, 242Sc; Java, ordinary
17 jj 20c ; Costa Rica, fancy, 16 &20c ; good
16 18c ; ordinary, 12 16c per pound; Ar
buckie. $10.50; Lion, $15.75.
RICE Southern Japan, 54c; head, 6V4 0
7c; Imperial Japan, 6 He.
SALMON Columbia Kiver, 1-pound tails,
$2 per dozen; 3-pound tails, $2.95; 1-pound
tiats, $2.10; Alaska, pink, 1-pound tails. 95c;
red, 1-pound tails, $1.45; so eke yes, 1-pound
talis. $2.
SUGAR Granulated. $0.25; extra C, $3-75;
golden C, $5.t0; fruit and berry sugar,
0.25; plain bag, $6.15; beet granulated,
$6.05; cube (barrels;, $6.05; powdered (bar
rel). $0.5O. Terms: On remittances within
15 days deduct c per pound: if later than
15 days, and within 30 days, deduct c per
pound. Maple sugar, 153 h$c per pound.
NUTS Walnuts, lG(izlSc per pound by
sack; Brazil nuis. 10c; Alberts, 16c; pecans,
16c; almonds, 16 hk & 18c ; chestnuts, Ohio,
25c; peanuts, raw, 6i8fi4c per pound;
roasted, 10c ; plncnuta, lo 12c ; hickory
nuts, 10c; cocoauuta, 90c per dozen.
SALT Granulated, $15 per ton; $2.15 per
bale; half ground, lOOs. $12 per ton; 60s,
$13 per ton.
BEANS Small white. 5c; large" white,
4tbc; pink, 4c; bayou, 4c; Lima, 6c; Mexi
can red, Ifcc-
1IONEY Fancy. $3.50375 per box.
CEREAL FOODS Rolled oats, cream, 90
pound sacks, per barrel. $7; lower grades,
$5.50 3 6.50; oatmeal, steel-cut, 45-pound
sacks, $8 per barrel; 9-lb. sacks, $4,125 per
bale; spilt peas, per IOO pounds, $4.23 4$ 4 SO;
pearl barley, $4.50f5 per IOO lbs; pastry
flour, 10-pound sacks, $2.75 per bale; flaked
wheat, $2.75 per case.
Coal Oil and Gasoline.
REFINED OILS Water white. Iron bar
rels. lOVic; wood barrels, 141,sc. Pearl oil,
cases, 18c; head light. Iron barrels, 12c;
cases, lufec; wood barrels, 16 Eocene,
cases, 21c Special W. W., iron barrels,
14c; wood barrels, 13c Elalna. cases, 26c
Extra star, caves, 21a.
GASOLINE V. M. and F. naphtha. Iron
barrels. 12fec; cases. 10 Ho. Red Crown
gasoline, iron barrels, 16c; cases, Tiha;
motor gasoline. Iron barrels. I5c; cases
22 !.c; 0 gasoline. Iron barrels, 3a; cases,
37 &o; No. 1 engine distillate, Irou barrels,
Be; cases, 16c.
Hops Wool, Hides, Eta.
HOPS ltM(, prime and choice, Sd4&o
per pound; oida, idjoc per pound.
WOOL Eastern Oregon, average best, 1
15c per pound, according to shrinkage;
Valley, lOttlia"-
liollAilt Choice. 18180 per pound.
CASCAHA BARK! HjUc per pound.
HiDES Dry, Utf Uc; dry caif. Wo. L
under 6 lbs., 14l6c; culls, 2c per lb, less;
ialted hides, 5c; salted calx, 9c; greea
uiuwUted, lo per lb. less; culls, lo per
in. less; sheep skins, shearlings. No. 1
b u tchura' s tuck, each, 25 Ht o : &b ort wool.
No. 1 butchers sloes, each, 60 60a; me
dium wool. No, 1 butchers' stock, each. 75o
tf$1.00; long wool. Nw. Dutcnexs stock,
each. $1.2otfl-50; horse hides, sailed, each,
according- W slse. $2.002.50; dry, aooord
Ing to size, ea.cn, $1.00wL50; oolt'a hides,
each, 25 (im 50c ; goat skins, common, each.
15tf25c; Angoras, with wool on, each, 3Oc0
$1.50-
FU RS For No. 1 skins : B ear sklna, as
to size. No. 1 , each. $5.00 Hi 10-00 ; cubs,
each. $ I 3 ; badger, prime, each. 25 SOc;
car, wild, with head perfect, o$50c; house.
&20c; fox. common gray. large pilme,
each. 4050o red. each, aJ; cross, each,
$515; silver and blacs. each, $l004y
300; fishers, each. $5498; lynx, each, $4,509
.00; mink, strictly No. , each, according
t size, $li33; marten, dark, northern, ac
cording to slse and color, each, $109 15;
marten, pale, accord ing to size and color,
each, $2.50jH; musk rat. large, each, 12t
15c; skunk, each. 30&40c civet or polecat,
each. 515o; otter, for varge, prime skin,
each. $081O; panther, with head and claws
tier feet. each. $2Q3 raccoon, for prima
large, each, 5075c; wolf, mountain, with
head perfect, each, $3.50 9 5-00; prairie
(coyots), 00o$L00; wolverine, eaoh. $69
S.00.
PORTLAND mFSTOCK MAKEKT.
Prior Quoted Locally on CattlA, 8heeo and
Hogs.
I4vertck prices were well maintained in
all lines yesterday. Sheep were quoted
steady and cattle and hogs firm. There was
a fair demaxd for lambs and caivea. Re
ceipts were 126 tfheep, 2jJ cattle, 90 hogs,
1S3 lambs and 7 calves.
The following quotation!! were ciirrent on
livestock in the loral market vesterday:
'attle Best Meera. $.1 ; medium, $4-50a
4.75; common. $."..50 'J .1.75; cows, beat, $4;
common. $3.503.75; calves, $4.505.
Hops Bes;. $66.25 ; medium. $5-.75i9$.
Sheep Pftst sheared wethers, $44J5;
mixed, $3.75jj4; spring Iambs; $5.
Tiwtem rivvatocic Markets.
SOITTH OMAHA, May 29l Oat tie Re
ceipts, 80; market, strong to lOo higher.
Native steers, $4.50Ca7; native cows and
hel f crs. $3 ;rf 5.50 ; Western steers, $3.50 $i t ;
Texas ptfcn. $:? 5.2ft; range cows and
heifers, $2.751$4.75; canners. $2-253.50;
tockera and feeders, $3 ft 5.25; calves, $3.25
4jit.2.": bulls and stairs. $3'i5.
Hops Receipt a, 700; market, steady.
Heavy. $5.27 S W5.40; mixed. $5 25 3 5 30.
Sheep Receipts, 200O; market. steady.
Yearlings. $4.754 5.25.; wethers. $4.25 4f 5. 00;
ewes, $4n 1.75; lambs, $5.75&0.5O.
KAN? AS NTY. May 2 Cattle Receipts
ftnoO; market, strong. Native steers. $5,25 9
7. 10; native cows and heifers, $2.75 iff 6.25;
etockers and feeders, M 4 5.25 : bulls. $:i9
5 00; calves, $:i.ft0af rt.2; Western steers,
$56.50: Western cows. $3. 25 'a' 5-25.
Hogs Receipts. 10.0t0; market, weak to
5c lower. Bulk of sales, $5.305.55; heavy.
$5 505.57i; packers and butchers, $5,359
5.5-5; light. $5.15o3.40; pigs, $4.25$ 4.4M.
Sheep Receipts, .V0; market, ateady.
Muttons, $44 M: lambs. $5,25-f 6.50; range
withers, $3.659440; fed ewes, $3.5094.10.
OHTCAOO. May Cattle ; Receipts,
shout WOO; market, strong. Peeves, $4.75
W7.30; Txans. $V6A4.5; Westerns, $4.50
M 5.75: stockere and feeders, $.t.59 5.40 ;
cows and heifers. $2-3066-10; calves, $4.S5
9 A.2.V
Hog Receipts, about lV0O0; market. Re
lower. Lights, $5.15tr5.52S ; mixed, $5,209
5.57; heavy. $5.1fti5.5rt; rough. $5.10$
5 25: pigs. $4 104J5.10; good to chol-t heavy,
$5.25(2.55; bulk of salsa, S5.4593.oO.
WOOLGROWERSSELL
Accept Low Prices Rather
Than Hold Their Clips.
PRICES PAID AT HEPPNER
Penland Cl?p Bought hy the Botany
3fills at 14 5-8 Onts Over 1,
000,600 Pounds Changes
Hands Low Price 9 Cents.
HEPPNER. Or., May Tfi. (Special.)
Over a million pounds of wool was placed
on the market today In this city by the
growers and It was nearly all bought In by
the 15 buyers present.
There is a heavy slump In the price of
wool from that of last year, about lO cents
a pound. The sheepmen are not satisfied
with the price, but are letting go. as seldom
Is anything made by holding over until an
other year. "
The Penlani clip of T75.O00 pounds was
bought In by Ellery, of the 3otany Worsted
Mills, at 14 cents, whic'i is the highest
price paid for any clip. Several clips went
at 14 cents and some over, and the lowest
price paid was 0 cents. This sale promises
to be the largest sealed bid sale ever held
In this city, as it will take until Saturday
evening to complete. About 700,000 pounds
will be placed on the market tomorrow,
at which time some of the best wool In this
section of the state will be sold.
LONDON WOOL AUCTION BALES. .
Sudden Chang Brings Recovery of Open
ings Decline.
LONDON. May 29. The third series of the
wool auction sales ended today. The fea
ture of the. auction was the sudden change
which occurred during the first week, when
th e open Ing deel 1 ne of 7 to 15 was re
covered under heavy buying for all sections,
American operations being especially good
In well-grown greasy crossbreds. The Im
provement In good clip progressed until the
final sales, compared with the April sales,
showed merinos unchanged, crossbreds suit'
able for American lO per cent higher, me
dium coarse crossbreds- 5 to per cent
dearer. Pine and crossbreds and heavy me
rinos eased off during the last few days
and) with Cape of Good Hope and Natal wool
closed. 5 per cent lower than the second
series.
During the sales home spinners took 9000
bale, continental buyers 10,000 and Amer
icans 6000. There were 130,000 bales held
over for the fourth series. The offerings
today were 10,8o4 bales.
- Wool at St. Jvouis.
ST. LOUIS, May 29. Wool Steady. Ter
ritory and Western mediums, 12515c ; fine
mediums, 10tfM3c; fine. 9gllc.
HILL STOCKS STRONG
HEAVJT BUTIXG THE FEATURE
OF THE MARKET.
Accumulation by the Controlling In
terest Rebound in the Gould
Issues.
NEW YORK. May 20. The stock market
today was of the usual p re-holiday character,
largely confined, that to. to the closing up
of outstanding contracta and showing little
disposition to make new commitments. The
prevailing speculative temper on the stock
exchange was to be Inferred from the fact
that most of these outstanding commitments
were on the short side of the market. The
general hardening of prices during the day
was due more to that fact than to any new
phase In conditions.
The brisk rebound in the Gould issues was
Interpreted to mean that the shock of the
Wabaah-PIttsburg Terminal embarrassment
has been practically absorbed by the market
in the downward plunge of the last few days
in the group. No authoritative announce
ment was made until after the eeanlon of the
course to be pursued In the matter of the
interest due on Monday on the Wabash-Pittsburg
firsts, but it was taken for granted in
the financial district that a reorganization
through receivership was In contemplation.
The feature of the stock market was the
aggressive strength of the two HI II railroad
stocks. The personality of the brokers buy
ing the stocks gave the Impression of ac
cumulation by the controlling Interest and
Induced the traders to follow the movement.
There was some special show of strength
In American Smelter, which was connected
with the varying rumors regarding the divi
dend prospects of that stock. The narrow
market was almost wholly made up of such
special movements due to individual causes.
The fact that no gold was taken for ex
port tomorrow was not assumed to Indicate
the end of the movement, tout was associated
rather with the question of convenience of
steamship transportation. More g"ld is ex
pected to go to Germany next week. Today's
etatement of the Bajik of France shows the
rapid growth of bullion holdings which
threatens a depletion in the available supply.
There was an easing tendency also in some
departments of the Paris money market. Al
though the hank statement was not published
until after the close of the local stock mar
ket, an undiminished ease of money left no
apprehension over the complexion of the
weekly hank ehowtng to be made. The sharp
break in the grain markets was held to show
that the weeks' level of prices has been held
at an artificial height by sympathy with the
corner operations of the May delivery.
The bank statement showed fully the ex
pected decrease in cash holdings on account
of the gold exports and Government withdrawals.-but
the only trace of the supposed
heavy loan expansion on account of the large
financial transact ions put through during the
week was the $5,375,000 loan Increase of the
trust companies. The clearing-house Institu
tions showed a decrease of loans both In the
averages and the actual condition.
Bonds were irregular. " Total sales, $334,000.
United States 2s, registered, and the 3s have
advanced and the 4s, registered, per
cent for the week.
CLOSING STOCK QUOTATTONS.
Closing;
Sales. High. Low. Bid.
Adams press 171
Amal Copper .... 20.800 64 tWH 64
Am Car & Foun. 1,200 35ft 35 35U
do preferred 96
Am Cotton OIL. 100 30H 30ft 30
do preferred .... 90
Am Express , 205
Am Hd & Lt pf 18
Anwican Ico .... 1,000 28 38 28
Am Linseed Oil ..... 9
do preferred ... 40o 20 20 1914
Am Locomotive .. 200 48 48U 48V
do preferred 102
Am Smelt A Ref 17,00 74 TC 73H
do preferred ... 10 9 9 list
Am Sugar Ref... 200 12 128 129
Am Tobacco otfs. 9
Anaconda Mln Co 2,fV)0 41 14 40i 41 u
Atchison 2.400 80 79 80
do preferred! 95
Atl Coast Line J no S8H SSi 8
Bait A Ohio 1,700 K7 V .S
do preferred ... 2 So" h& 87
Brook Rap TVan. 6.&00 4 47 47
Canadian Pacific. 3,100 156H 157 15
Central of N J 185
t'nes & Ohio 13,ono 44 44
Chi Gt .Western.. 200 64 6
Chicago & N W.. 800 152 151 152 '
C. M & St Paul. 2,400 130 129 1;U
Chi Term & Iran 7
do preferred . . . 25
C. C, C A St L 67U
Colo Fuel A Iron. 2.70O 204 25H 2ft5
Coio & Southern. 00 31 31
do lpt preferred. . 59 60
do 24 preferred. 4O0 4U 49 49
Consolidated Gas. 600 123 122 1 122
Corn Products ... ...... ..... ..... 15
do preferrti . . ..... 77
Del A Hudson. ..... ..... -156
Del, Lack & West 635
D & R Grande... 700 23 22 23
do preferred . . . 2 5P 59 69
Distillers' Securt.. 5 34 33 33V4.
Erie 2.'0 21 21
do 1st preferred. 200 38 -ji ,
do preferred. 3u0 27 27 27
General Electrk: 135
IHinois Central .." in 131 131 130
Int Papr 100 10 10 10
do preferred
Int Pump 200 22 22 22
do preferred 71
Iowa Central . Y 15 15 15
do preferred ... 2CU 82 31 3J
K O Southern ..... ..... 23
do preferred 55 '
Louts A Nashville 3n I0f4 J05 IOCS
Mexican Central.. 200 16 16 16
25
110
137
47
tW'a
do preferred
Missouri Pacific. .107.200 48
Mo. Kan A .Texas -U0 20
do preferred
National Ld ... 27,500 87
Mex Nat K R pf. 100 5.".
X Y Central 1.100 lui,
V T. Ont & West 2.5U0 3j
Norfolk tr W
do preferred ... ...... .....
North Americas.. 2 00
Pacific Mail 7'H) 2Ti Hi
Penrylvania. 4.3O0 HOT,
People's Gas 600 1
P. C C St L
Pressed Steel Car . '
do preferred
45
2ft
50
OO
101 102
67
Ml
1
601
01
75
2!4
So
Pullman Pal Car. 100
Reading 68.100
158
111?
"eh"
17
tte
17
34
29
35
15854 160
HUii 1U4
Co let preierrea.
do 2d preferred.
Republic Steel ...
do preferred ...
Rock Island' Co...
do preferred . . .
St L, A S F 2 pf.
40
400
1.600
500
TOO
100
83
34
83
17
67
l's
34 lj
fet 1m Southwestern...
do preferred . . . 9oo
Southern Pacific .. 13,100
do preferred . . . 40O
Southern Railway. 1;3(
do preferred ... 4O0
Texas & Pacific. 1.100
Tol, St L. & West
do nrof.rr.il
15
8i 85
8H 84H
USti 11S,
16 1
43 "4 42
84
11
16
43
23
16 '
42J4
Union Pacific .... 79.600 141 1384 141
do preferred ...
TT S Express ..... ., .
IT S Realty 300
U S Rubber ..... 1.000
do preferred: ...
U S Steel . 33.80O
do. preferred 3,100
Va-Caro Chemical..
do prefererd ... ......
Wabash 0iX
do preferred ... 2.400
Wells-Fareo Ex
80
50
24
!
50
24
pf.
24
8"
3714
10114
100 101
23
7 4
11
22
--'4
21
1'
22
8l5
Westir.ghoupe Bleo
Western Union . . .
Wheel & L Erie.
000
200
50
58
4
50
6
..... 8
16
30
130 134
Wisconsin Central..,.
do preferred
Northern Pacific. . 60,500 13614
Central Leather
' do preferred ... IOO 84 S
Sloes-Sheffield 1,400 M i
Gt Northern pf... 12.5ip0 130
tnter Met 1.SW0 12!4
do preferred 1.700 .33
at a:
94
.if,. ;n
120 129
11 U 12
32 32
30
36 32
Utah Copper , .....
Tenn Copper 500 36
Total sales for the day, 466,100
BONDS.
share..
NEW YORK. May 29 Closing quotations:
U. ?. ref. 2s reg.l034
do coupon. .. .103
U. S. 3s reg 101
do coupon. . . . 101
U S new s reg. 120
do coupon 12a
Atchison adj. 4s 87
D R a 4s 92
N Y C G 3s. . 00
North Pacific 3s. 71
North Pacific 4s.Ml
South Pacific 4s. SS!i
Union Pacific 4s. 101
Wijcon Cent 4a. . S5
Jpanase 4s 80
Stock, at Ixmdon.
LONDON, May 20. Consols for money.
&; do for account, 87.
Anaconda ... 8.25
IN. Y. Central. 105.00
Atchison .... 81.25
do pref . . . . 03.50
Bait & Ohio. 90.25
Can Pacific. .162.00
Ches & Ohio. 44.00
Chi Grt West 70.00
C. M. & S. P. 133.00
Norflk & Wes 60.5O
do pref 83.O0
Ont & West.
Pennsylvania
Rand Mines.
Reading i
Southern Ry.
61.25
6.37
56.50
16.87
De Beers.... 11.37
oo pref. .
45.00
85.25
D & R G
do pref. . . .
Erie
do 1st pf . .
13.50 ISouth Pacific.
62. OO iTTnion Pacific . 1 43.25
21.87' do pref 86.00
39.00 ,'TI. S. Steel 37.25
20.00 do wet 103.00
do 2d pf..
Grand Trunk 17. S7l Wabash 11.50
lit central. .133. 00 i do prer 22.00
L St N 107.50 ISpanlsh 4s.... 97 S7
Mo. K. & T. . 27.00 lAmal Copper. 65.50
Money, Exchange, Ktc
NEW .YORK. May 29 Money on call.
easy, l(fj'l per cent; ruling rate.t 1 per
cent: offered at 1 per cent.
Time loans, dull and steady; $0 days, 2
02 per cent; 90 days. 2 per cent; six
months, 3$?3 per cent.
Prime mercantile paper, 3(pM per cent.
Sterling exchange, steady, with actual busi
ness In bankers' bills at $4.87104.8720 for
demand and at J4.8540ig4.8550 for 60-day
bills. Commercial bills, $4.85.
Bar silver. 53c.
Mexican dollars, 47c.
Bonds Government., firm; railroads. Ir
regular. LONTJON, May 29. Bar silver, steady at
24 7-lftd per ounce.
Money. ltflH per cent.
The rate of discount in tho open market for
short bills Is 11 per cent; for three
months bills, per cent.
SAX I-RAXCI3CO, May 29. Silver bars,
63c.
Mexican dollars, nominal.
Drafts-Slght, 7c; telegraph, 10c.
Sterling on 'mdon, 60 days, $4.86; sight,
$4.87.
QUOTATIONS AT SAN FRANCISCO.
Prices Paid for Produce In til Bar City
Market..
SAN FRANCISCO. May 29. The follow
ing prices were quoted In the produce mar-
f V i o . t ii M . OArlirj. 405c: frreen tip a..
$11.75; string beans. 2&Qc; afparagus, 3
6icl tomatoes. $1.502; eggplant, 10(g12c
Butter Fancy creamery. 23c; creamery
seconds, 22c; fancy dairy, 22c.
Cheese New, llllc; Young America,
13614c.
Eggs Store, 20c; fancy ranch, 22c.
Poultry Koostera. old, $3.504.50; roost
ers, young. $7-5010; broilers, small, $2.50
3.00; broilers, large, $3. 00-94. 00; fryers,
$6$7; hens, $47.50; ducks, old, $45j
young. 1?7.
Mlllstuffs Bran, $3233; middlings, $3$
38. , ,
Wool Spring, Humboldt and lfendoeltto.
15c; Mountain. 48c; South Plains and San
Joaquin, 79c; Nevada, 912c.
Hops New and old crops, 1 H 6c; con
tracta, 8llc.
Hay Wheat. $16Ei l7 50; wheat and oats,
$!2&L7; alfalfa. 9r 13; stock, $8rl0;
straw, per bale. G5&90C.
Fruits Apples, cnoice. $1.75; common.
60c; bananas. $13.50; Mexican limes.
$5fc0.5O; California lemons, choice, $3.75;
common, 75c; oranges, navels, $3.263.60;
pineapples, $20.
Potatoes Sweets, $2.50Q3; Oregon Bar 1
banks, $14fl.l5. ,
Receipts Flour, 3614 quarter sacks;
wheat. 600 centals; barley. 2020 centals;
oats. 405 centals; beans. 004 sacks; corn,
30 centals; potatoes. 2160 sacks; bran, 1009
sacks; hay, 410 tons; wool, 86 bales; hides,
276.
Eufitem Mining stoefcs.
BOSTON, May 29. Closing quotations:
Adventure . .$ 2.25 iParrot 20.00
Allouez 25.50 iQulncy 83. OO
Amalgamated 63. 50 .shannon 33.25
Atlantic. 16O0 'Tamarack ... 59.00
Bingham ... .75 iTrinity 13.25
Cal St Hecla.6W5.00 IU. S. Mining.. 37 00
Centennial .. 23.25 !U. S. Oil 23.25
Copper Range 70.25 lUtah 40.12
Daly West... 9.50 Victoria 4.87
Franklin .... 8-25 ! Winona 6.00
Oranby 91.00 I Wolverine ...133.00
Isle Royale. .209.00 INorth Butte.. 64.00
Ma-is Mining. 31.12Futte Coal... 23.25
Michigan ... 9.50 (Nevada 11.75
Mohawk S3.50 Cal & Arlr. .. 107.00
Mont C ft C .50 I Arlr, Com 17.50
Old Dominion 33.25 lareene Cananoa 8.37
Osceola 88.00 I
NEW YORK.
Alice ". .
Breeee 9.
Brunswick Con.
Com Tun stock.
do bonds. . . . .
C C. vi
Horn Silver. . . .
Iron Silver
May 29 Closing quotations:
275 ITjeadville Con... s
10 ILittle Chief 5
8 Mexican ....... W5
37 (Ontario 550
173 lOpJiir 240
28 JSmall Hopes.... 18
50 Istandard 175
100 lYellow Jacket. . . 70
Dried Fruit at New York.
NEW YORK. May 29. The market for
evaorated apples is quiet, with fancy quoteo)
at 10rl0c; choice, 8Uigc; prime, 77c;
common to fair, 6'UtiViC-
Prunes quiet and Irregular. Quotations
range from 3c to 13c for California and
from 5o to 10c for Oregons.
Apricots unchanged. Choice, 13?13e; ex
tra choice, 1414c; fancy. 15ai6c
Peaches continue quiet. Choice. 89c:
extra choice, 9c; fancy, 1010c; extxa
fancy. ll12c.
Raisin dull, loose muscatels 4r6e;
choice to fancy seeded, - 6ff7c; seeded
raisins, 0416c; London layers. $U253 1.3ft.
New York Imports and Exports.
NEW YORK, May 29. Imports of mer
chandise and drygoode at the port of New
York for the week ending May 23 were valued
at $12,234,972.
Imports, enecle fir the port of New York
were $48,088 silver and $227,237 goldl
Export, of specie from New Tork for the
week ending today were $382,705 silver and
$6,397,000 gold.
New Tork Cotton Market.
NEW YORK, May 29. Cotton futures
closed quiet. Closing bids: June and July,
10.15CJ August. 10.02c: September, 9.50c: Oc
tober, 8.32c: November, 9.16c: December.
9.13c: January. S.llc; Febroary, 9.10c;
March, 9.08c.
Bank of Frances Rate Lowered.
PARIS. Mir 29. The Bank of Franoe to
day lowered Its discount rate on loans from
4 to $ per cent.
Minn 4 St Louis 200 27 27
M. St P S 8 M.
Y G0EST0Sl.il
Closing Out of the Delivery the
Feature of Wheat Pit.
FIVE-CENT RANGE FOR DAY
Xews Is Generally In Favor of the
Bears Sharp Break at Close
In May Corn and Oats
at Chicago.
CHICAGO, May 29. The closing out of
the May delivery was the feature of trad
ing in the wheat pit and the uncertainty
attending the final efforts of the ahorts to
extricate themselves from the grasp of the
bull leaders had a tendency to restrict trade
In the deferred futures. The market opened
irregular. May being firm and and the
future deliveries rather weak. News of the
day was generally In favor of the bears. The
market closed steady for May and easy for
other deliveries. Mav opened unchanged to
c higher at $1.04i$ro9. sold off to $1.06
and then advanced to $1.11. The close was
at $1.10. July opened ?ic lower to
ffi-ie higher at 90c to 9oc. sold off to
89c and then advanced to 80(u80c. The
close was at 90c.
The corn market opened weak with May
unchanged to lc below the final quotation of
yesterday. No support for May seemed ap
parent from the bull leaders and the bears
quickly knocked an even 5 cents from the
price, quotation, dropping c to c at a
time. The market broke sharply In the last
two minutes of trading on renewed selling
of May, the price of which dropped) more
than 2c on the last few trades. The close
was weak. May closed at 8o80c, July
closed at 67l4ia67c.
Oats for May declined nearly 4 cents In
the first half of the session ahd 4c within
an hour. The market closed weak. May at
62c and July at 4c.
Provisions were firm all dav. Julv pork
closed 2Sc up. lard 5c higher and ribs
unchanged.
Xeadltng futures ranged as follows:
WHEAT.
Open. High. Tow. Close.
May $109 $1.11 $1.06 $1.10
July 9o .90 .89 .90
September ... .88 .88 .87 .87
CORN.
May 82 .82 .77 .80
7 .66 .67
September ... .65 .65 .64 .65
OATS.
May, old 56 .58 .61 .52
May, new ... .55 .55 .52 .62
July, old .47 .47 .46 .46
July. new,... .45 .45 .45 .45
September ... .38 .38 .37 .37
PORK.
July 13.65 13.80 13 62 13.70
September ...13.90 14.07 13.90 13.97
LARD.
July 8.45 8.57 8.45 8.62
September ... 8.65 8.75 8.65 8.70
v SHORT RIBS.
July 7.35 7.45 7.35 7.37
September ... 7.60 7. 70 7.57 7.62
Cash quotations were as follows:
- Flour Easy. Winter patents. $4.359!4.85:
straights, $4.104.6O; Spring patents, $5.20
6.45; straights, $3.!i84.75; baker's, $3.054.
Wheat No. 3. 92cf$1.05: No. 2 red, $1.09:
Corn No. 2. 77S82c; No. 2 yellow. 77a
82c.
. .Oats No. 2. 62c; No. 3 white, 5I153C.
Barley Fslr to choice malting, 63fW17c.
Flax seedy No. 1 Northwestern. $1.24.
Short ribs Sides, (loose) $6.877.37.
Pork Mess, per bbl., $13.7013.75.
I-ard Per 100 lbs., $8.42.
Sides Short, clear, (boxed) $7,506.62.
Whisky Basis of high wines. $1.35.
Receipts. Shjpmenu.
Flour, bbls. 18.200 31.9O0
Wheat, bu. 55.200 7.600
Corn, bu 638.800 147 700
Oats, bu. 101.400 376.900
Rye. bu. 1,000 . 3,8i0
Barley, bu. 44.000 31,900
Grain and Produce at New York,
NEW YORK. May 29. Flour Receipts.
6800; exports, SSO; dull and barely steady.
Minnesota patents. $5.205.60; Winter
straights. $4,304(4.40; Minnesota bakers',
$4.204.80; inter extras, $3.504.10;
Winter patents. $4.5O4.80; winter low
grades, $3.40 4.
Wheat .Receipts, 8OO0: exports. 8O00;
Spot, easy; No. 2 red. $1.02 nominal ele
vator; No. 2 red. 99c f. o. b. afloat; No. 1
Northern Duluth. $1.13 f. o. b. afloat; No.
2 hard Winter. 1.10 t. o. b. afloat. Out
side of the excitement attending a big ad
vance in May wheat at Cnlcago. the tend
ency of prices was lower, following bearish
home and foreign crop news and liquida
tion. Last prices showed c net loss. Mar,
$1.03iU.03. and July 9S99 7-16c;
closed. 98c. September closed 5c.
Hops Quiet: Pacific Coast, 5i38c.
Hides Steady; Bogota, 17c: Central
America, 17 c
Wool Quiet; domestic fleece, 2932e
Petroleum Steady; refined. New York.
$S37; Philadelphia and Baltimore. $8.76:
do in bulk. $4.95.
Northwestern Wheat Markets.
MINNEAPOLIS, May 29. Wheat, No. 1
nard. $1.10 1.11; No. 1 Northern.
$1.0Sffi 1.09U : No. 3 Northern, $1.01
1.0.-.: May, $1.06- July, ,$1.05; Sep
tember, 91691c
DULUTH. May 28. Wheat. No) 1 North
ern. $1.07: No. 2 Northern, $1.03; May.
$1.05; July. $1.05: September, 91c.
European Grain Market.
LONDON. May 2!). Cargoes dull and in
active; buyers withdrawn; prices nominal.
Walla Walla, prompt shipment. 37s; Cali
fornia, prompt shipment. 37s 6d.
LIVERPOOL. May 2B. Wheat July, Ts
d; September. 7s 2d: December. 7s
ld.
English country markets, firm; French
country markets, easy.
Argentine shipments, 2.440,000 bushels:
last week. 2.332.000 bushels: Australian
shipments. 136,000; last week, 16,000.
Grain at San Franclscn.
SAN FRANCISCO, May 29. Wheat
steady.
Barley asy.
Spot quotations:
Wheat Shipping. $1.67 01.70 per cental:
milling. $1.70&1.72. V '
Barley Feed. $1.40(91.42; brewing,
nominal.
Call board sales:
Wheat No trading.
Barley December. $1.26 1.27.
Corn Large yellow, $1.80 1.85 per cen
tal. REPORTS ARE IRREGULAR
CROPS AXD TRADE SUFFER UN"
SOME SECTION'S.
Elsewhere More Favorable Weather
Stimulates Business Smaller
Number of Failures.
XBW YORK. May 20. Bradatreef to
morrow will any:
Weather, crop and trade reports are Ir
regular. There are eome lew reassuring; ad
rices from some sections as to the leading;
crops, due mainly to excessive rainfall la
wide areas1. Bad roacLs are a nrcwary re
sult of this and trade in, the affected) sections
naturally haa suffered. In other places
where a few days of warm, forcine; weather
have intervened, trade Is better.
Business failures In the United States for
the week ending; May 39 number 243, again rt
2S4 last week and 142 in the like week of
1907. Buelness failure in Canada for the
week number 31, as against 39 laJt week
and H in this week of 190t.
Wheat. Including; flour, exports from th
TTnited Stated and Canada, for the week
endtnr May 2S aggregate 2,878,289 hushels.
against 2.491.9P4 a year ago. For the 48
weeks of the fiscal yar the exports are 188.
884.617 bushels, against 155,681,894 In 1906-7.
Bank Clearing.
NEW TORK. May 29. Brad reefs bank
clearings report for th week ending; Max
(rTHE UNITED STATESi
NATIONAL BANK
Portland,
UNITED STATES DEPOSITORY
Capital, $500,000 Surplus and Undivided Profits, $450,000
OFFICERS-
J. C AINS WORTH, President
R. LEA BARNES,
A. M. WRIGHT, Ass't Cashier
We Issue Direct
LETTERS OF CREDIT FOR TRAVELERS
Available All Over Europe and the Orient. v
Drafts Sold On
FOREIGN COUNTRIES
28 show an agcrrgate of 52. 461. 319.000 as
against 2,:.11.000 last week and $2.15!,-
142,000 In the corresponding week last year.
The following- is a list of the cities:
Perct.Perct.
Inc. Dec.
New 'York .... il.Ml.7n.00O 1.2
Chicago 21T.124.0lK in.O ....
Boston :.72T,HO 23. 7
Philadelphia JiS,041,oio 12.6
St. Louis BO. 478.000 4.3
Pittsburg SK.iXla.ooO .... 13.5
Pan Francisco 2,7!.000 li.T
Kansas City , 31.318.000 SO. 8
Baltimore ' 27,147.0uO 22.8 ....
Cincinnati 21.li71.oo0 .4
Minneapolis 10.043.ooo .... 1.5
New Orleans 12.RT-B.0iK) 20.1
Cleveland 12.2inl.ooo 7.5
Detroit 1.1.A7.,00 28.1
Louisville .612,0"0 30
Los Angeles 8.728.000 5.i
Omaha " 12.14u.00O 4.3
Milwaukee 8.514.000 1.9
Seattle 8.375.000 8.1
St. Paul 9.67,000 27.3 ....
Buffalo 7.236.000 3.0
Denver 7.832.000 3.0 ....
Indianapolis 6.197,000 1.8
Fort Worth 7.232.M0 35.5
Providence 5.4KO.O0O 5.4
Portland. Or 4.8T.2.O0O 12.9
Albany 5.445.00" 18.2
Richmond .' 4,923.000 41 ....
Washington. D. C... 6.416.00O 8.6
Spokane. Wash 4.9.7:o00 4." ....
Salt Lake city 4.882.000 11.4
Columbu 4.436.000 3.5
St. Joseph 4.829.000 .... 12.3
Atlanta 3,267. ooo 15.5
Memphis 3.778,000 29.4
Tacoma 3.5u7.uoo 12.6
Savannah 2.8.37.0oO 9.3
Toledo. O X.O58.O0O 2.3 ....
Nashville 2.639.OO0 6.8
Rochester - 2.909.OO0 13.1
Hartford ii.6Ny.u00 lt8
Dea Moines 2.456.0(0 18.0
Peoria J.71.0O 10.0
Norfolk 1.736.UOO 22.0
New Haven ......... 2.127. OuO 2.3 ....
Grand Rapids 1.83O.0O0 .... 3.5
Birmingham 1.597.0(10 .... 24.3
Syracuse 1,488,000 T.8 ....
Sioux City 1.854.000 20.3
Springfield, Mass. .... 1.367.0O0 2.8
Bvansvllie 1.301, ooo . . . . 10.4
Portland. Me 1.454. two 8.4
Dayton 1.236.O0O .... 23.0
Little Rock 1.105,000 7.6
Augusta, fia. ' 1,223.000 3.9
Oakland. Cal 1.216.000 41.3
Worcester l,215.ooO .... 5.0
Mobile . 1.109,000 17.9
Knoxvllle 1.243.000 .... 0.4
Jacksonville. Fla. . 1.22S.OOO 4.9
Chattanooga 1.216.000 24.4
Charleston. S. C. 1.026.OO0 .... 4.8
Lincoln. Neb 1.237, ono 7.0
Wilmington, Del 1.089,000 2.8
Wichita 1,320.000 8.3
Wilkesbarre l.uol.ooo 23.3
Wheeling. W. Va. ... 1,767.0 .... 35.0
Fall River 80S.0OO 12.0
Davenport 1.O82.O0O 94.2
Kalamazoo, Mich. ... 050.COO 15.6 ....
Topeka 857.000 18.8 ....
Helena 658.000 .... 6.1
Springfield. Ill 700,000 29.8 ....
Toungstown 5R1.O0O 7.8
Fort Wayne 8!2.00 5.4
New Bedford 603.0HO 17.3
Erie, Pa 4S9.000 .... 23.4
Cedar Kapids. Ia. .... 7O3.00O 61.9
Macon ' 430.000 17.3
Akron 497.000 .... 6.7
Ixlngton 430.000 6.8 ....
Rockford.lli BIR.ooO .. 22 2
Fargo. N. D 400,000 .... 12.0
Iwell 414,000 .... 7.7
Blnghamton 420.000 10.2
Chester. Pa 434.000 18.7
Sioux Falls, S. D. ... 352.0O0 24.3 ....
South Bendv Ind. ... 381. OOO 10.
Bloomington, 111 283.000 16.0
Canton. 0 349.00O .... 26.0
Qulncy til. 804. 000 ,5 ....
Springfield. O . 392,000 16.3 ....
Decatur. Ill R47.io0 32.7 ....
Mansfield. O 204.0O0 6.7
Fremont. Neb. ....... 412,0110 11.2 ....
Jacksonville, 111 170,000 6.2
Houston 16.039,000 .... 30.8
Galveston 10.305,000 15.8
Clearings of Portland, Seattle and Tacorfca
for the short business week and the corre
sponding week in former years follow:
Portland. Seattle. Tacoma.
1905 . .......$3,832,914 $5,080,630 $2,800.4(16
19"7 . 6.118.568 7.586.S53 4,256,876
1906 . 4.140.79R 7.914 816 2.925.820
1905 . . 3.832.125 4,. -.94,530 .' 2.349.5S7
1904 2.585,977 3,644.890 1.973. 80S
19oB 2.238.S93 2.908.921 1.667,811
1902 . 1.898.172 2,486,117 1,057.186
1901 . ...... 1.678.062 2,225,408 1.014.455
NEW YORK WEEKLY BANK STATEMENT
Decrease of Eight and Hnlf Millions In
Surplus Reserve.
NEW TORK. May 29. The statement
of the clearing-house banks for the
week (five days) shows that the
banks hold $47,910,000 more -than the
requirements of the 25 per cent reserve
rule. This Is a decrease of $8,575,375 in the
proportionate cash reserve as compared
with last week. T4ie statement follows:
Decrease.
Loans $1,215,118,500 $ 3.429.4O0
Deposits 1.2S5, 78S.8O0 11,134,5110
Circulation 57,150.400 116.WI0
Legal tenders. ... 70, 627.4(h) l.itoo.m'O
Specie 298,720.800 13.325.0IX)
Reserve 369,337.200 . 1 1,359. 000
Reserve required. 32l,447.20i 11.279.325
Surplus 47,910,000 8,575.375
Ex-U. S. deposits. 52,874,373 11,279.352
Increase.
The percentage of actual reserves of the
clearing-house banks at the .close of busi
ness yesterday was 2S.5S.
The statement of banks and trust com
panies not members of the clearing-house
shows that these Institutions have:
Aggregate deposits $931,000,600
Total cash, on hand 64.:tM,00fl
Loans .$506. 760,000
Metal Markets.
NEW TORK. May 29. The London tin
market was 2 higher, with spot quoted at
129 5s and futures at 128 5s. Locally the
market was uulet. with quotations ranging
from 28.25c to 28.7oc.
Copper In London was '10s higher, w1h
spot quoted at 57 12s 6d and futures at
58 5s. The local market was quiet, with
Lake quoted at 12.75&12.87(ic; electrolytic.
12.25 12.75c; casting. 12.37 hi 9 12.50c.
Lead was Is 3d higher at 12 45s on the
London market. Locally the market was
quiet and unchanged at 4.32 (i 4.37 c.
Spelter was unchanged at 119 3 24 6d in
the London market. Locally the market
was quiet at 4.55fc4.60e.
Iron was higher in the Indon market,
with Cleveland warrants quoted at 50s 3d.
Locally no change was reported.
Coffee and Sugar.
NEW TORK. May 29. Coffee futures
closed steady, net unchanged. Sales -were
reported of 11,730 bags. Including June,
6.15c; July, 6.15c; August. 6.15c; Septem
ber, 6.10c; December. 0.05c. Seot. quiet;
Rio No. 7, 6c; Santos No. 4. Sc. Mild,
quiet: Vordova, 9?12r.
Sugar Raw, Arm; fair refining. S.R9c;
centrifugal. 96 test. 4.39c; molasses sugar,
3.44c. Refined, steady; No. 6. 5c; No. 7.
4.95c; No. 8. 4.90c; No. 9. 4.85c; No. 10,
4.75c; No. 11, 4.70c; No. 1i 4.65c; No. 13,
4.64c: No. 14, 4.55c; confectioners A, 5.20c;
mould A. 5.75c; cut loaf. 6.20e: , crushed.
6. 10c; powdered, 5.50c; granulated, 5.40c;
Cubes, &.65C.
Dairy Produce In tbe East.
CHICAGO, May 29. On the Produce Ex
change today the butter market was firm.
Creameries; I8g42c; dairies, 18 20c.
Elgge Weak at mark, cases Included, 14c;
firsts. 14c; prime firsts. 16tjc.
Cheese Steady, 10V'p'12c.
NEW TORK. May 20. Butter and cheese,
steady, unchanged. Eggs, quiet, unchanged.
Daily TreasoiT Statement.
WASHINGTON. May 29. Today's state
ment of the Treasury balances shows:
Available cash balance $239,493,963
GHd coin and bullion 70,390,937
Gold certificates 43,540.240
Oregon
R. W. SCHMEER, Cashier
Vice President
W. A. HOLT, Ass't Cashier
TRAVELERS GUIDE.
PORTLAND RY., LIGHT A POWER OO.
CARS LEAVE.
Ticket Office and Walttng-Room,
Vlrst and Alder Streets
FOR
0son clt' 6:30 A. M.. and every
o minuets to and including P. M.,
then 10. 11 p. M. ; last car 12 midnight.
Gresham, Boring. Eagle Creek, Katst.
eada, Cazadero, Jfalrview and Trout,
dale 7:15. :15. 11:U A. ItU 1:16. :4ft.
6:15. 7i25 P. M.
FOR VANCOUVER.
Ticket office and waiting-room Second
and Washington streeta.
A. M. 0:15. 6:50. 7:25, 8:00. 8:15,
9:10, 9:50, 10:30. 11:10. 11:50.
P. M 12:30. 1:10. 1:50. 2:30. 8:10,
8:50. 4:30, 5:10. 6:50. 6:30. 7:03. 7:40.
8:15. 9:25. 10:35. 11:451.
On Third Monday In Every Month
the Last Car Leaves at 7:06 P. M.
Dally except Sunday. (Dally except
Monday.
PACIFIC COAST STEAMSHIP GO.
SAILINGS FOR
NOME AND
ST. MICHAEL
S. S. "SKXATOR," June 1st! S. S. "UMA
TILLA," June 4in. Also SAILINGS
FOR SOUTHEASTER ALASKA,
DAVVSO.V CHEXA, FAIRBANKS. Re
serve passenger accommodations and
freight space now.
Summer Excursions, s. g. "Spokane.'
E. E. DE CHASOPRE, f. and K. Asreat.
Main 229 or A 2293. 249 Washington St.
forth QermanJlhyd.
Fast Express Service
PLTMOUTH -CHERBOURG-BREMEN, 10 JL.lt.
Kaiser d Gr...June 2IKronprinz Wm. Jun 16
Cecllie . .....June i Kaiser Wm II, Jun 23
Twin-Screw Passenger Service
PLYMOUTH-CHERBOL'KG-BREMBN.10 A.M.
Derfltnger ....May 28 Kuerfuerat ...June 11
Luetzow June 4j Bremen . ....June 18
Mediterranean Service
GIBRALTAR-NAPLES-GENOA, at 11 A. M.
K. Lufse May 30j P. Irene June 30
X. Albert June 6iK. Lulse July 4
North German Lloyd Travellers' Checks.
Oelrlchs & Co.. Agents, 6 Broadway. K. X.
Robert Capelle, Gen'l Pacific Coast Agent.
San Francisco. Cal.
REGULATOR LINE
FAST STEAMER BAILEY GATZERT
Makes round trips week days, except
Friday, to The Dalles, fare $2. JO. Leav
ing Portland 7 A. M-, leaving; The
Dalles 3 P. M., arrivlna- Portland 9 P.
M. SUNDAYS Bound trip to Cascade
Locks, leaving Portland 9 A. M-, ar
riving back; o P. M. Fare $1.00.
Steamers
DALLES CITY and CAPITAL CITY
Operate daily, except Sunday, between
Portland and Tho Dalles, calling; at
all way landings for freight and pas
sengers. First-class accommodations
for wagons and live stock.
ALUKIt STREET DOCK.
Phone Sluin 914. A 6113.
SCANDINAVIAN-AMERICAN LINE
10,000 Ton Twio -Screw Passenger Steamers
Direct to
Norway, Sweden and Denmark
Satlinff from New York at noon.
C. F. Tietgen. June 41 Helllg- Olav. .June 25
Os-ar II June 11; United States. .July ,0
Saloon, $75 and up; Second cabin, $57.50.
A. E. Jo h mi on Co., Minneapolis.
jfamburg-Stmerican.
WEEKLY SERVICE TO
LONDON PARIS HAMBURG
GIBRALTAR NAPLES GENOA
by Large, Luxurious Twin Screw
Steamers; all modern appointments.
008 Market fit.. San Francisco, and IU B.
Offices in Portland, Agents.
SAX FRANCISCO A PORTLAND 8. 8. CO.
Only Direct steamers and IjayUght Sailings.
From Alnsworth dock. Portland, 9 A. M t
Steamship State of California, May 30, June
13; steamship Rose City, June 6, 20, July 4
etc.
From Lombard street, San Francisco, 11
A. M.: Steamship Rose City, May 30, June
13, 27; steamship State of California, June
6, 20.
J. W. RANSOM. IXok Agent,
Main 26 S Alnsworth Dock.
M. J. ROCHE, Ticket Agent, 143 Sd St.
Phones Main 402. A 1402.
STR. CHAS. R. SPENCER
FOR ASTORIA
Mondny, Wednesday and Friday, 7 A. M.
Returns 9 P. M.
THE DALLES
Tuesday, Thursday and Saturday, 7 A. BC
Returns) 10 P. M.
Landing:, AYaahinston-Btreet Dock.
FARE tl.OO. MAIN 61B.
North Pacific S. S. Co'x. Steamship
Koanokd and Geo. W. Eldsr
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. .
COOS BAY LINE
The steamer BREAKWATER leaves Port
land' every Wednesday at If P. M. from Oak
street dock, for orth Bend, MarsnXleld and
Coos Bay points. Freight received till 4 P.
M. on day of sailing. Passenger fare first
class. $10; second-ciaas. $7, including bertn
and meals. Inquire city ticket office. Third
and Washington streets, or Oak-strsst dock.
DR. PIERCE
Corse all Kmuas aa4 '
Private Diseases of
MEN
Qnlcksr and etieanw thaal
others. Call and see htoaj
first. Consultation tree, .
none Main IBM.