THE 3IORXIXG OK EGOXIAN, SATURDAY.
L. SALES DAYS
Schedule Prepared for East
ern Oregon Season.
AT PENDLETON ON MAY 24
Some Contracting Done at Arlington
at Prices 2 5 Per Cent Better
Than J-ast Year's Grain
Trade Is Very. Quiet.
The dates that have been fixed for the wool
ales days In Eastern Oregon for the com
ing season are as follows:
Pendleton May, 24, June 4.
Heppner May 2T. June 18. July .
Shanlko June 1, June 15. June 29.
Baker June 5. June 22.
Ontario June 7. June 21.
Joseph June 24.
Enterprise June 25.
Changes In the- schedule may be made later
when the buyers have conferred with the
growers' association.
The market continues quiet, so far as cos
tracttng is concerned.- Aside from the Baker
County business previously reported In these
columns, about 15.000 fleeces of half-blood
and Llncolns have been bought on the sheep's
backs at Arlington. The prices paid were not
made public, but are understood to be about
23 per cent higher than the prices that pre
vailed last year. Dealers do not look for
any great amount of buying in Oregon be
tween now and shearing time.
. Contracting In Montana is going on despite
reports of buyers having withdrawn, and It
Is now estimated that fully 13,000,000 pounds
of the state's clip have passed under con
tract since trading commenced. Practically
all Boston firms making a practice of hand
ling Montana wool are among the buyers,
though some firms have had more courage
than others. It is not known that bitrhr
"Then 20 cents has been paid for any quan
tity, but no recent business has been accom
plished at a lower figure. Growers, how
ever, in many cases are ask In sever a. I nt.
more thaa 20c.
Latest reports In regard to Utah and Ke
vada are to the effect that between 75 nnt
00 per cent of the clips of those sections has
Deen contracted. Contracting is also pro
ceeding in Wyoming and other nt. ,.,.
little If anything is being accomplished In the
central or fleece wool states.
Commenting on the situation h. r
Commercial Bulletin says:
tip to date the grower hae practically dic
tated terms, and tha ouot.i ko . .
- Btm icu wiin
the tendency 1r his favor. Much higher
prices than last year have prevailed In all
sections where important contracts have been
vU..,u,iira, ana at present the outlook Is
more in favor of higher than lower prices.
hat la to hannftn when .h .
- nuvin arrive
nere Is a mien inn n i ? ,
- - " j ujuiwQrea. xjeai-
rs, however, have confidence In the sltua-
causing mat consumption Is heavy and
Increasing and that receipts will come on a
Dare market.
CHICAGO SLUMP CHECKS MCAl TRADE
Whew Business Is Very Quiet, but Prices
Are Jio Low er.
The slumn in Kaatm . , . .
ivicigu wncai
markets put an end to all speculative buying
... . local market yesterday. At the same
time nolders showed no weakness. Prices,
therefore, were unchanged. The demand
from outside points for all the cereals was
light and trading was small.
Shipments for the week are reported by the
Merchants Exchange as follows: Argentine
shipments. 0,216,000 bushels; last week.
6.768,000 bushels. last year. 6,116.000 bushels.'
Australia shipments. 1.290.000 bushels: last
week. 1,840,000 bushels; last year, 288.000
bushels.
Bid and asked prices were posted at the
Board of Trade as follows:
WHEAT.
Maro-h
April "
Bid. Asked.
1.07!i 11.08
1.08 1.09
OATS.
March . .
BARLEY.
Feb. 27-28 .T.V H
March l se
March 2 ...... J 2 V ,5 ?
March 3 8 3 2 1 ?
March 4 21 4 17 3
Total last. week. .205 23 55 17 el
CNTSUAL, COrRSE OF EGG MARKET.
Prices Advance at Time When They
l Miauv Decline.
Old-timers in tlie Froni.iri . j-
cannot remember a season when ecg prices
have steadily advanced at this time of year,
as thev have heen Hnini, i..i . .
" 1 'j - jnuBk ui
them attribute the strenath of the market
lne ac' mat consumption has outgrown
production in this part of the country.
Sales were made on the street, yesterday at
25 and 26 cents, and In spite of very fair
receipts, the supply was entirely cleaned
up. As two cars of Oklahoma eggs will be
in next week, it is possible the market will
reat and seasonable prices again prevail.
Three or more far, r r , n
nearly due at Seattle and that is likely to
v. .. i . i . . , .
vi.e oeame aemana on this quarter
for eggs. With tHe Vnrlh.ni ; ... . -
end and an additional Imported supply on
miraei, present prices can hardly
be maintained In the coming week. Some
of the experts in the market predict .: drop
w iv-ceni point.
City creameries report a gradual increase
in their make of butter, but not sufficient
yet to weaken the market in any way.
ORANGE PRICES ARE FIRMER.
Market I Overstocked with Mexican
Tomatoes.
The orange market u Q. n . '
rlVnZ'i """f,? yest"day- Shipments from
California will he Ho-t..
- . " now on. xne
supply of navels will only last from tour
-..a, v wr;na lunger.
A .car of celerv wm st.r i
""C,kfsf ce'eIT " Southern California
la exhausted and nniv a
In Northern California. "
Shipments or wiri
begin next week and rlacentu "wlf," be n
shipping about April l. negm
in market Is overstocked with Mexican
tomatoes, on which the price has been Jut
to J2 per crate. Some Florida tomatoes
were received yestei-n.-, ...... .
Advices from Ln At.,'ai-
effect that the first car of Texas Bermuda
onions is on the way to that city. ATma:i
Portland will be brought to
CANNED GOODS AXO RETAIL TRADE.
California Trait Canners' Association Will
-ol eu .Direct.
PORTLAXn. Vnrh t - ... .
Under the date of March 3 there an
rjeared an nnii. : .
I. " " . 1 t. p r i signixying
that the California Fruit Canners' Associa
uu maae tne Retail Grocers' Asso
ciation a nrnnmltlnn i J , , .
i , ' uauuiing ineir
teoods direct and eliminating Jobbers in this
woo
particular line of goods. In contradic
tion 1 wish to state that this report Is
without " foundation. It Is true, however,
that we are attempting to Interest the trade
in our own brands and that we are quoting
prices to them far below what goods of
this quality have heretofore been sold.
I wish to state emphatically that It is
not our intention to eliminate th Jobber
or to sell direct to the trade and that our
relations with the jobbers have at all times
been friendly. This error la probably caused
from the fact that direct representatives
of the association have been calling upon
the retail trade soliciting orders, but every
order takjen has been put through whatever
Jobber the retailer designated and the goods
have been sold entirely with this under
standing. . R. B. M' MURRAY.
Representing California Fruit Canners' As
sociation. Mohair Quiet in the Kast.
Mail advices from Boston are that there is
practically nothing being done in mohair,
domestio stock being as quiet as foreign hair.
Prices, however, are hokllng nominally steady
at the following quotations: Combing, 251
2Sc; carding (choice), 22.25c: carding (ave
rage). n'lUc; inferior, 1416c; Noils (first
combings), 1018c; Nolls (second combings),
10S20c.
Bank Clearings.
Clearings of the Northwestern cities yes
terday were as follows:
, Clearings. Balances.
Portland v 1.2'i1,3ril . 14tt,138
.eatte 1.525.82 143.113
Taooma S37.t)l 57 o.vi
Bpokane 1,000,527 1O2.202
PORTLAND MARKETS).
Grain. Flour. Feed. Ete.
BARLEY Producers' prices: Feed. $30 per
ton.
YIIEAT Traclt prices: Bluestem, J1.1S
1.18: club, $1.08; red Russian. Sl.vi: Val-i-y,-
$1.i5.
Kl-Ol.R Patents. $5.65 per barrel;
straights, $4.65; exports, J4.10; Valley, 5. lO;
grahara, 4ye, f5.2u; whole wheat, quarters,
S5.4o.
OATS Producerr prices: No. 1 whit.
38 per ton.
M1LLSTUFFS Bran. S2S26.B0 par ton;
middlings. $33: short. J2&03U; cnop. $20il25'
rolled barley, $30-531.
HAY Timothy. Willamette Valley, $13019
per ton; Eastern Oregon. JlStflS: clover. $12
13; alfalfa, $14.50iil6; grain hay. $1314;
cheat. 13.5014.50; vetch, $13.50&14.5U.
Dairy and Country Produce.
BUTTER City creamery, extras. 3Ge;
fancy outside creamery, 3235c per lb.;
store, ISU-'ic. (Butler fat prices average
l!l cents per pound under regular butler
prices.)
EGOS Oregon ranch. 2S'S26c per dozen.
POULTRY Hew, 15Mi&i6c; broilers. 203
25c; fryers. lS(20c: roosters, old, lljj'12c;
young, 14QlAc; ducks, 2uii22c; geese, 10c;
turkey. 18ii2(tc.
CHEESE Fancy cream twins. 1617o
per lb.; full cream triplets, 1617c; full
cream. Young America, 17 18c.
VEAL Extra, luia&llc per pound; ordi
nary. 7Sc; heavy. Sc.
POP.K Fancy. 9Hc per lb.; large, 8t!8i4c.
, Vegetables and rnlt. '
FRESH FRUITS Apples, 75c$2.73 box
POTATOEsj Buying price, $1.25 1.35 per
hundred; sweet potatoes, 23c per pound.
SACK VEGETABLES Turnips, tl.zi per
sack; carrots. $1.23; parsnips, $1.50; beets,
$1.50; horseradish. 10c per pound.
TROPICA L FRUITS Oranges, navels. $2
Q2.75 per box; lemons. $3()4; grape fruit.
$4. 25ft 4.73 per box; bananas, dHig'gc per
pound; pineapples, '2.7bttiii.2& per dozen:
tangerines $1.75 per oox.
ONION :5 Oregon, buying price. $1.751.90
per hundred.
VEGETABLES Artichokes. 00c doz. ; as
paragus, loft 20c per pound; beans, 23c; cab
bage, 211310 per pound; cauliflower, $2 per
crate; celery, $4.50 per crate; cucumbers.
$1.7o'&2.25 per dozen; lettuce, hot house, $1.2fi
fcil.50 per box; lettuce. head. 75c?i$l per
dozen; onions, 40&5Oc per dozen; parsley, 30c
per box; sprouts. 12hiC per lb.; tomatoes,
$2?4.50.
Groceries. Dried Fruits.' Etc.
DRIED FRUITS Apples, 8Hc per lb.;
peaches. 7 8c; prune. Italians. StfOc;
t-runes, French, 4&c; currants, unwashed,
cases, 94c; currants, washed, cases, 10c:
ngs, white fancy, 00-lb. boxes, Oa dates,
SALMON Columbia River, i-pound tails,
$2 per dozen: 2-pound tails. $2.05; 1-pound
Oats. $2.10; Alaska pink. 1-pound tails, 96c;
red. 1-pound tails. $1.43; sockeyea, 1-pound
talis, $2.
COFFEE Mocha. 242Se; Java, ordinary
1720c; Costa Rica, fancy. 1820c; good!
lC&lsc; ordinary. 12flSc per pound.
RICE Southern Japan. 4c; head, 9oO
NUTS Walnuts. 12 18c per pound by
sack; Brazil nuts, 16c: filberts. 15c; pecans.
7c; almonds. l'4Q14o: chestnuts. Italian,
lie; peanuts, raw. 56c; plnenuts, lu
12c; hickory nuts, lou; cocoanuls. 80s Bar
dozen.
SUGAR Granulated. $5.75; extra C, $5.25;
golden C, $3.15; fruit and berry sugar, $5.75
plain bag. $5.50: beet granulated. $5.55;
cubes (barrel), $6.15; powdered (barrcll).
$6. Terms: On remittances within 15
da.ys, deauct .c per pound; If later loan 15
days and within 30 days, deduct Ho per
pound. Maple sugar. i5lSc per pound.
SALT Granulated. $13 oer ton. tl.90 per
bale; half ground. 100s. $7.60 per ton; 60s.
$8 per ton.
-.A'13 Small white. $e; large white,
BVic; Lima. 5c; pink. SHc: bayou. 4c; Mex
ican red, 5 3tc.
POTATlfsUPPLY SMALLEV
PltlCJS ARE ATJVAXCKD TO $32
A TOX AT SEATTLE.
Eggs Weaker on Heavy Receipts.
Wheat Buyers and Sellers
Are Apart.
SEATTLE. Wash.. March 5. (Special )
Potato prices were advanced to $32 on the
street today, an advance of $2 over the pre
vious quotations. Stocks are cleaning up
and many shippers have notified commission
men that they have now emptied their pits
A car of bananas reached here today but
so green that retailers refused to touch
them. Two cars are said to be due to
morrow. Apples took a decidedly weak turn, except
we2 and Wlne"-P. which are in
limited supply and fairly active demand.
Eggs are weaker and lower on heavy re
ceipts. Most houses were selling at 28
Thne8H a,1drP f 2 ccnt' from trday
The decline is unweleomed by several large
house, on the street who have hiEh b,5.
out to shippers. small dealers, however
were strong enough to force values down
Merchant".15 Z 108 W" offere" onTh.
i an J Exchange with no sellers, and
I aske toT hluestem. but there
were no buyers.
QUOTATIONS AT SAW FRAJfCISCO.
Prices Paid for Produce In the Bar City
Markets.
SAN FRANCISCO. March 5 Th. fll
ingprlces were quoted in fh. produce market
.wee!0$T75.reSOn Burbank. $1.758.1.90;
Onions $2 per cental.
$33M5!it3J5'r5rSran- O; midd.ings.
Vegetables Garlic. 1012Uo- rrnn r,...
Sloc; string beans, nominalf pea
fie; tomatoe $11.50; egg JlantTls&Sbe.
Butter Fancy creamery. 35c
seconds. 83c; fancy dairy. 81c? cr""rr
Cheese New, 14 15c; Younr iniM,,
15161ic; Eastern. 17Ho xoun Amerlom,
Eggs Store, 23c; fancy ranch, 24 o.
Poultry Roosters, old, $45; young, $709
brollers. smaU. $4.5005; broilers, large, $5 bo
6.50; fryem, $6.607.5O; hens. $5- ducks,
old. .$4.50g-5.50; young. $8&
woI Spring, Humboldt and Mendocino, IS
19c; Mountain, OigSHc; Nevada. 9914c.
HaV Wheat. $2225; wheat and oau. t21a
24; alfalfa. $15&1U; stock. $12015: straw
per bale. 50 75c. '
Fruits Apples, choice. $1.60; common. 60o
bananas. $1.25i3.60; limes, 7.B08; lem
ons, choice. $3; common, 1; oranges. $1.50
3; pineapples. $2 3 '
li?oe7FIO,ur', 10-';urt Mk: wheat.
III. .cen".'s: barley. 6000 centals,; oats 1600
branea"8 8S 8190 sacksT
bran 240 sacks; middlings, CO sacks; hay.
O.O tons; hides, 1280. -".. uy.
New York Cotton Market.
eIoW. March Cotton futures
closed steady. March. .51c; April. 9.46o; May
.4.c; June. 9.41c; July. 9.42c; August. 9.87c';
September and October. 9.48c; November and
Iecember. 9.24c; January, 9,22c
fj. Cld aUlet- Middling uplands. .boc;
middling Gulf. 10.10c. Ko sales.
GAINS ARE GENERAL
Strength of Coppers Lifts En
tire Stock Market.
LABOR QUESTION LOOMS UP
!
I
!
Harrlman Alleged to Have Secured
an Option on the Kansas City
Southern Inflow of Money
From the Interior.
,E YORK. March B. The movement of
tne stock market today was still under
the restraint of its professional limitation,
rne days transactions were attributed al
most wholly to the trading class and the
operations were not pushed beyond rather
narrow limits. The constant response of the
financial markets to the variations in the
tenor of news from the Balkans gives warn
ing of th power of disturbance lying In
that subject. Today its Influence was
favorable.
Some slight speculative liquidation was
Induced by the dip In prices, after which
another upward swing set In. The whole
market showed considerable sympathy with
Reading. The approach of the end of a
week seems to bring pressure on Reading on
the part of those who assume that a ver
dict In favor of the commodities clause has
boen formed by the Supreme Court, which
each arriving Monday, being decision day
for the court, may see handed down.
The beginning of conferences between rep
resentatives of miners and tha anthracite
operators is apparently awakening so mo
new apprehensions over the outlook for the
anthracite companies. The labor ques
tion is looming into prominence also in the
steel trade. The abrogation of the con
tinuous working agreement between the
Amalgamated Association of Iron, Steel
and Tin Workers, and tlva Western Bar As
sociation does away with the assurances of
work at the mills pending a wage agree
ment after July 1, and there were reports
current of coming wage reductions in other
branches of the iron trade.
Erie still suffered from the dread that
compliance will not be found possible with
the requirement of the Public -Service Com
mission for the number of consents of bond
holders to make the Issue permissible.
The sustaining point In the market was
found In the copper Industrials. The
strength in this group helped to pull up
prices after the force of these depressing
factors had boon somewhat spent. There
was professional ' short covering as well.
Publication of the details of orders for
equipment by the New ork Central had
the same helpful effect that was shown by
that company's order for steel rails.
Th.3 estimates of the week's currency
movement gave promise of a substantial
addition to the cash holdings of the banks
by the Inflow from the interior. The money
market was soft in consequence. At the
same time, discounts were rathor firmer
In London, foreign exchange rates rose and
a further outgo of gold was made probable.
An alleged t option of purchase of the
Kansas City Southern held by E. II. Harrl
man was the assigned neason for the rise
in those stocks. The Canadian Pacific group
was conspicuous also. At the end of the
day the recovery had restored the price
level to higher than at the outset and
gains were general.
Bonds were heavy. Total sales, par value.
$2,680,000. United States 4 s coupon ad
vanced hi. on call.
CLOSING STOCK QUOTATIONS.
Closing
Low. Bid.
Sales. High
Amal Copper .... 53. 400
Am Car JSc Foun. 4. boo
MJTs
49 "A
47.
4.s;
do preferred . .
Am Cotton OH..
100 liov. now 110
&OO 52 V 62 52i
Am Hd A L.t pf. 200
Am Ice Securl... 4,900
Am Linseed Oil
Am Locomotive 1,000
do preferred ... 3"0
Am Smelt & Rcf.. 3,000
371
K7
37
28
28
27
13
61
Ult-j
u
103 Vi
12tji-i
91 'j
28 '4
1H
1031,
102
1 IB
62Vi
51
111
300 112
82-t;
81
uo prelerred . . .
Am Sugar Ref....
Am Tobacco pf
Am Woolen
loo KiXL. In.tu.
400 129 128
10O
2S
41
2
3
102
K'2
Anaconda Mln Co.
Atchisun
do preferred
Atl Coast Line..,
Bait & Ohio
do nwfnmH
4.70
1.40 103;'
200 102
Z.ZUO 10754 100 lo:
Brook Rap Trari." ii6)
93
71'4
lf,
2H l
102
'03
72
I'JT'.s
2S
101
225
M4
17
142
T4 5-.
32(
ik:
K2
7S
127
Canadian Pacific.. 11,(500 107',
Central Leather.. 4o 2K1
do preferred . . . loo 102
N J Central
Ches Sc Ohio 50.7O0 6514
Chicago Gt West. 5oO 7ii
Chicago & N W.. 30O 1T
176
C, M A St Paul. 8.600 142U 141
C. C. C & St L .
Colo Fuel & Iron 3.20
32 i
82
31
K3
81 'i
12l'i
'mo or isouinern.. l,(Xf)
do l."t preferred .
3oo
00 i:o prelerred.
Consolidated Gas..
Corn Products ...
Jel A Hudson....
D & R Grande ...
do preferred . . .
Distillers- Securl..
Sii)
2.3.K) 12S
17
17
17
lOO 17.11 1731.. ITS
1.9O0 44 4214 43H4
200
S.".li
35
28
40
R.1 '
5O0
Son
.25
3i
Erie
7.40O
24
40
SI
io 1st preferred. 22oo
ao in preferred. 100
100 81
20 152'i
4.5t"0 1401,
l.H'lt BS',
General Electric
Gt Northern pf...
Gt Northern Ore..
Illinois Central
Interborough Met..
do preferred
lnt Paper
do preferred . . .
lnt Pump
Iowa Central ....
K C Southern . . .
152
152H
13U 14it
Oi T 1-
f.Ofl 141
140
14'
41 N,
11. i,
50 4
34 14.
2
42
140
14
42
'i
50
35
2S
4
74 V
128
53
1441
7
39
73
f'0
1.5oo
tin
1M
500
2
48.8)
14i
42
111
5ol,
3.',
2
4H".
do preferred
9,700
74S
72
Louis A Nashville J.fuio 12s 127
pi 535, 52
Dl K p c as, I.44U 4ti
1.1!
jnmoun facinc Z.6'K
68
Of '.14
as
73
-mo. jtan Texas 11.40
39
73
do preferred ... loo
isatlonal Lead ... 1,3X
7614
414
75
.- t central
4.400 123 122's 123
N T. Ont & West. ar
441.
414
441.
r.orroik & West.. 1,600
86
sa
86
ortn American.
8")
Pacific .Mali H . . .V . . ..TT . so2
Pennsylvania. S.SOO I29V4 i'28 12l
S50?." 800 110? 109 iwv
Pressed Steel car! ""766
Pullman Pal Car
SS14
84 4 35
. . . . 168
Ry Steel Spring.
800
41
80 3i4
neaaing
Republic Steei ...
do preferred
Rock Island Co..
do preferred . . .
Bt L & S F 2 pf.
St L Southwestern
do preferred . . .
Rlnfto-;hriAl.4
60.2O0 123 Ti 122 12.-
200
1,000
2.3O0
1"0
100
72
71
2214
62
37H
4
BO
22 H
24
S74
22 H
"71 '4
60
37 S
22 Vi
Southern Pacific I&.40O
7Hi
71
115 117
ao preferred . . .
6outhem Railway.
do preferred ...
Tenn Copper ....
Texas & Pacific
Tol. St L A West
8.10 122
B'V) 24 ti
121 121
21
2414
5i0
300
62 li
37 V
62
37
31
4.'.
67
173 ij
5
62
S7'a
Sl
45
8
1T614
fM'i
29
102
3i0
6no
31
4514
1.O00
6K14
Union Pacific
An nwf,,i A
... 61.5O0 175
200
TJ a Rllhher
do 1st preferred. ino io2t4 10214
" sy.ee ........ mjini
do preferred ...
TTtah Copper ....
Va-Caro Chemical.
2.100 111 -
llo 110
20O 40
" 41.
600 43 43Vs
42
114
1T
44
77
65
9
fiou.
do preferred . .
Wabash 400 17
do preferred ... 2.7oo 44
Westlnghouse Elec 800 78
Western Union ... 100 65 14
WVil S. T
17
43
78
65 lj
Wisconsin Central! " 6.400
Am xel at Tel
OOO lZHVa 12s
128
Total sales for the day. 606,800 shares.
BONDS.
XEW YORK, March 5. Closing Quota
tions: .
TJ. S. ref. Si reg.101 Id R o 4s 07
do coupon 101 ;N Y C G 3V-S. S3
rff- -3lt "s 100 North Pacifl3 8s. 74
do coupon.... 101 North Pacific 4s. 103
U S new 4s reg.119 ll nlon Pacific 4s.10.l2
do coupon 120Wiscon Cent 4s.. 4
Atchison adj 4s. 100 I Japanese 4s.".: 85
. Stocks at Ixmdon.
o4,-??X - M8-r,:h 5. Consols for money.
v o-jv. uo lur account, 54 1-16.
Anaconda. .
N. Y. Centrat. ..
Norflk & West.
do nrf
.126
88
. 80
45
.
Atchison
. . 10 V.
ao pr
VI 1 1 je- ohiA
. .104
. .110
Ont Western!
Can Paciflo. '.
171 'Pennsylvania
TT4
63
24i
4 s
D A R (i 45 ISouth Pacific "l
1H
7i
do pref S7'iiUnlon PaoiHc....l
do 1st pf 41 '4 U S Steel
45
no za pf 811,1 do pref 1
Grand Trunk Ifiulw.kiih
1 '
17 V,
III central 144H! do pref!"!
i',,-; 1.11 Vi'Spanish 4s..
Mo K & T 110'i!
41
Money Exchange, Etc.
NEW YORK. March 6. Money on call.
ay. 12 per cent; ruling rate. 1 per
cent: closing bid. 1 per cent; offered at
2 per cent.
Time loans, very soft; 60 days, 2 2
per cent; $0 days. 2 per cent: six months,
2 per cent.
Prime mercantile paper closed at SHQ4
per cent.
Sterling exchange strong, with actual
business in bankers' bills at t4.858oO4.8590
for 60-day bills and at 11 88 for demand.
Commercial bills, 14.85 & 4.85 .
Bar silver. 50 c.
Mexican dollars. 44c.
Oovernment bonds, firm; railroad bonds,
heavy.
LONDON. March 5. Bar silver Steady,
23d per ounce.
Money 2 4 2 per cent.
The rate of discount in the open market
for short bills is 2 per cent ; three months'
bills, 2 Sj 2 3-1S per cent.
SAN FRANCISCO, March 6. Silver
bars 50 c.
Mexican dollars 4 5c.
Drafts sight. 5c: telegraph, Ti,c.
Sterling 80 days. It.sti; sight. .88.
Iaily Treasury Statement.
' WASHINGTON. March 0. Today's, state
ment of the Treasury balances in the general
fund shows:
Available csh balance , .. .S140,I00,433
Oold coin and bullion 30.4tiu,4::.r
Uold certificates ; 48,323,100
IMPROVES THE DEMAND
PK1CK HEAD J I'STJIEXTS AID
IXDCSTRlAli IlKCOVEKV.
iood Movement In Agricultural Im
plements and Supplies Busi
ness Failure Decreasing.
NTEW YORK. March 5. R. G. Dun & Co.'a
weekly review tomorrow will say:
Already the price readjustments are be
ginning to work toward the expected Im
provement In demand and this ar.d President
Taff's Inaugural declarations favorable to
"that measure of stability" which is "essen
tial to the life and growth of all business."
are important contributions toward making
stronger the hope of full Industrial recovery.
Both In sentiment and amount of business
In sight, the Iron and meet trade shows some
Improvement. In spite of the upward ten
dency of raw material, buyers of cotton goods
make a determined effort to - secure a lower
level of quotations. No new business Is re
ported in woolen good. :
The demand for hides continues slack, with
a further seasonable weakness In prices. The
dry hide market Is quiet. The leather trade
Is still dull and unsatisfactory.
IMPROVEMENT IX JOBBING T BADE.
Number of UnxiueHK Failures Steadily De
creasing. NEW TOR K. March 5. Bradstreet's to
morrow will say:
Weather Irregularities and tariff and price
revision uncertainties combine In making a
rather quiet tone In trade and Industry, pend
ing clearer views of these and Winter wheat
crop possibilities. The best trade reports
come from the Central West and Central
Southwest and in Jobbing trade show moder
ate Improvement. The urgent need of rain
In Texas is accentuated this week, while in
the West and the South business is still
rather dull.
Most activity is noted In the liner lines of
dress) goods. Agricultural implements and
supplies are displaying continued good move
ment. Cuts in Iron and steel have as yet
brought out only a moderate amount of busi
ness. Collections are Irregular and not better
than fair as a whole.
Business failures In the United States for
the week ending March 4 were 219. against
244 last week. 287 In the like week of 198.
172 in 1907, 177 in 1K06 and 190 In 1905.
Canadian failures for the week number 33,
which compares with 40 last week and 49
In the like week of 1908.
Wheat, Including flour, exports from tbs
United States and Canada aggregate 2.9oo,ooo
bushels, against 2.491.199 last week and
2.D53.9U8 this week last year. For the 36
weeka ending March 4 exports are 140.196.652
bushels, sgalnst 159.094,165 in the correspond
ing period last year.
Corn exports for the week are 760.550 bush
els, against 779.764 last week and 1.481.487 In
1908.
Bank Clearings.
NEW YORK. March 5. Bradstreet's bank
clearings report for the week ending March
4. shows an aggregate of .t,33ij.71 l.oou as
against J2.15,5sll,0oo last week and $2,211 -Oo3.000
In the .corresponding week last 'year
Pet."
'w York t2.7-'.7!7.noo iSi
Chicago 30S.943.CHJO 17.6
g",,0.n , lM.OUO.OKO 43. 0
Philadelphia 135.246, 00O 15.8
.' . , LOU's 71.U31.OO0 10.8
Pittsburg 46.73O.00O lo.H
Kansas City 84 4:I7.ih)0 47. 0
i- B.i.uLu 4 l.ti::.i.Hrt lit
iialtimore
r'inuttiiiMt I
2,..lK'.3,ooi 44. i
2M. 4 l.t, noil n.s
MinnealKill ......
New Orleans .....
Cleveland
Detroit
Omaha ...........
Louisville ........
Milwaukee
rrt Worth
Los Angeles
St. Paul
Seattle ,
Denver . .........
Indianapolis .....
Sj.okane. Wash. ..
Providence
Portland. Or. ....
Richmond ........
Albany ..........
Washington ......
4t. Joseph .......
Salt Lake City...
Columbus ........
Memphis .........
Atlanta
Tucoma ..........
Savannah ...,,...
Toledo. O
Rochester .......
Hartford
Nashville .........
Houston .........
Galveston ........
Decrease.
ln.l'24.M)o
lh.9Sl.OH0 21.4
16.:is2..(Hio 12.1
12. 107.1HMI fi.O
17.703.UOO 26.8
14.137.00 9.4
12.702.UOO 17. a
11.748.0O0 ....
13. 1 53.000 16.2
10.071.HM 11.3
. 10O, oi0 23.9
lO.OKS.OilO 40.3
8.610.000 12.9
7.124.000 35.9
T. 851. 000 47.4
7.833.0O0 2X.4
6.7U8 000 34.9
6.3!4.000 25.2
6.7OO.OO0 4.4
8:1o.hm 42.5
it.S2A.OO0 65.0
.5til.Ouo 41.1
5.5S3.0O0 2.S
5.4SO.OH0 18.2
4. 10.s.tMtO 10.2
2.SH2.OO0 7.8
4,261,000 lo.o
3.::o.oio io.3
4.037.000 13.2
3.7SS.O.10 10.4
2ii:.1i;:l.lNo 8S.3
lu.6U8,0O0 10.1
Eastern Mining Storks.
BOSTON
March .". -Closing quota
tions:
Adventure -.
. 21
. 17
49
. 12!t
. 28
87
. 14
. 82
. 13
. 12
. 40
. 20
. 30
40
ft
.147
. 63
Alloues
Amalgamated
Ariz Com
Atlantic ....
Butte Coal . . .
Cal A Aria...
Cal Hecla..
Centennial
. 3S Nevada
. os Old Dominion
. 35 Osceola ....
. IS Parrot
. 23 IQulnry ......
.10114 Shannon
.624 Tamarack ...
. 23'Trlnity ......
. 76 'United Copper
. 0 U S Mining?.
. 13 IT. 8. OH
Copper Range..
Daly West
Franklin
Granby
Greene Cananea
Isle Royale
Mass Mining
Michigan ... "
94 I-tah
Victoria
29 Winona
58 tWolverlne . .
10 iNorth .Butte..
NEW YORK,
tlona:
March 8. Closing quota-
Alice 200
Brunswick Con. s
Com Tun stock. 25
do bonds 13
C C Va si
Horn silver 65
Leadvllle Con... 4
Llttle Chief....
Mexican
Ontario ....
Ophlr
Standard
Yellow Jacket.
.. lO
.. 58
. .875
..104
..150
.. 35
Dairy Produce in the East.
CHICAGO, March 8. Butter steady
Creameries, 22tj28c; dairies. 20S25e.
EsK" Steady; at mark, cases Included 183
19c; firsts. 20o: prime firsts. 21c '
,aS.1t?rPO"- nU"' 16V.flo: twins.
14 16c; Young Americas, l8.16e.
NEW YORK. MTrch 6. Butter Fancy
fresh, steady; other grades, easy. Creamery,
thirds to firsts, 2127e; creamery held com
mon to special, 205f 2Se.
Cheese Firm, unchanged.
Eggs Easy.
Ches A Ohio 6.4 iRand Mines
Chi Grt West... 714 Reading
C. M. A 8. P. ..145S (Southern Ry....
De Beers.. rtn nf
T
General Selling Carries Prices
Down With a Rush.
MARKET OFF ABOUT 3 CENTS
Drop at Chicago Follows tire Receipt
of Bearish Domestic and For
eign News Iatten Report
ed to Be Selling.
CHICAOO. March 8. Wheat broke from
1 to 33e on the Board of Trade to
day, owing to general liquidation based on
extremely bearish domestic and foreign news.
May sold off to 81.15 and July to 11.03. a loss
of 4Vc and 3c. respectively, compared with
the high points for the season established two
days ago. The market cloved weak at almost
tho bottom.
The market opened weak at declines! of
to -12c. The weakness at the elart
Was nun in -i i i . . .
. M - - " . 't ucnira or me mier-
ested parties, to tt-.e effect that many shorts
... ... - ueuvery nan made private set
tlements with the leading bull, and to a de
cline of to 1 penny at Liverpool. There
seemed to be little support to the market
on the break, except from small shorts, and
although prices made slight gains from the
opening low points, there was no well defined
rally.
News of the day was unusually depressing.
Liverpool reported that Argentine offerings
were liberal and that the visible supply of
wheat In the South American country was
increasing rapidly and : that India was
offering wheat more freely. In this coun
try demand for cash wheat showed a marked
abatement and crop reports were more ress
surlng to the bears.
In the final half of the session the market
experienced another sharp decline, due to re
ports that the leading long had been selling
iree.y through commission hous. The mar
ket closed extremely weak at net losses for
the day of 1 to 2c. compared with yes
' uotat!on. May being at 1.15
tjl.ISi, and July at H.C3S1.03S.
Corn was weak all day. closing almost at
the bottom, with net declines for the dav of
to c. May closed at 67 to 7tl67t4c
and July at 66ffl66c. c
Sentiment In oats pit was beartoh all day.
pared with yesterday's close. May being at
6o5Bc and July at 60c
Provisions were firm all day. At the close
privcTore""156 a!3 hh7 tha" -The
leading futures ranged as follows:
WHEAT.
Open. High.
117 I1.17!4
! 1.05
98 .?g i,
CORN.
.68 r.ul'
Ma v. .
July. .
Sept. .
May. ,
July. .
Sept. .
May. .
July. .
Sept. .
May. .
July. .
Low.
1 1 5
1.0.1
7
Close
$l.li
1.03
97
.67
,6
.(6
.r.
.50
1
17. J5
17.37
10.02
10.12
3.20
.67
.67
7.
.6
.60
OATS
.56
.50
1
-f.6
.6l
.SS
.50
.41
.41
MESS PORK
1TS 1742
17.35 17.45
LAUD.
10.00 10.05
10.07 10.12
17.15
17.3a
May.
July.
Mav.
97
10.05
SHORT lIDe
:: si
July.
r . , , ' w.i s.274 it ZU
Total clearances ,,f v, . . 3
equal to 1JU.000 bushels. Exports for thi
week, as shown by Bradstreefi weri eoua!
buiheln. compared with 422.000
bushels the corresponding day a year ago
Kstlmated receipts for tomorrow! Wheal
?3.o"r,headrn- 3" Car": 181 "!
,, , Receipts.
r lour, barrels 21.200
Wheat, bushels......... 49:oo
Corn, bushels 402 500
Oats, bushels 38S.O00
Rye. busuels .......... . 1 Orto
Barley, bushels o 000
Shipments.
2S.100
S.AOO
SI 9. 500
110,400
4. una
5 ti . J 00
Groin and Produce mt New York.
:F-W YORK.. March 4 Flour Receipts.
14.4...; export.. 9449. Unsettled, wltb prices
nominally easier
Wheat Receipts. 62.400; exports. 11972
Spot market weak; No. 2 Ted. SI "0 ele
vator; No. 2 red. ,121 f . b. afloat; No.
1 Northern Duluth. SI 24 f o. b. afloat:
No 2 hard Winter. SI. 22 f. o. b. atlc-t.
There was a rush to unload long wheat to
day that broke prices two cents a bushel
on May and for a time put the market in
an uproar. Last prices showed 3c de
crease on May and 2c on July. May closed
1.1kc: July closed SI 11.
Hops Steady.
Wool; Steady.
Hides Quiet
Grain at Sm I'raneliwa.
SAN FRANCISCO. March 6 Wheat. Ann
barley, firm.
Spot quotations: Wheat Shipping. i S7
1.92 per cental: mllltng. 1. 953197 per
cental.
Barley Feed. 1.401.43i rer cental
brewing. $1.4581.47 per cental.
Oats Red. $1.75ttl S2 per cental; white.
Sl.ft, rI.M per cental: black, nominal
Call board pal, s llarley May. (lilvfi
1.4o per cental bid.
Corn Large yellow. SI 651.7't per cental.
European Grain Markets.
LONDON. March 5 Cargoes, easier tend
ency: buyers indifferent operators. Walla
Walla, prompt shipment. S9s d; California
prompt shipment. 40s 3d. . "
English country markets, steady. French
country markets, quiet.
LIVERPOOL. March 4 Wheat May 8s
ld; July, 8s 2d; September. 7s loid
Weather, cold.
Wheat at Taroma.
TACOMA. March 3. Wheat Milling blue
stem. S1.16. Export grades, bluestem. si 13
club, $1.06; red. $1.01. '.
PORTLAND UVEWOCK MARKET.
Prices Current Locally on Cattle. Sheep and
Hogs.
Hogs continue to be trie strongest feature
of the vestook market, and ill arnvI
T 1,iand' .aro moving slowly and
Inclln-d to be weak. Late representative
ll - V'i.e'4 i-S" pound.
J7.J0: S steers, average 100 pounds. .V
1 stag. 1100 pounds. S4; 150 steers averase
1090 pounds Ji; 1V3 hogs, average",.!
pounds. ;.40.
The current range or prlcea In the local
market was ss follows: '
Aii?J71'li ".98.15; medium.
li K''-: oommon. S1.25r3.M: cows. bevt
fJ iS-e4.20; medium. $3.2&a3.60; calves, $5.5oB
o. 1 5.
fiHEKP Best grain-fed wethers. $S.5fXM;
hay-fed. Soa5.50: tnlxod sheep. $.T5.a5 23
ewes. best. $4 7535. medium. $4.2584.80:
lambs. S6.25CT6.75.
HOGS Best. $7.2537.50; medium. $8.7537.
Kastern Livestock Markets.
OMAHA, March 5. Cattle Receipts. "OOO;
market, steady. Western steers. $3.75i 78
rang cows and heifers, $2.7.i5; cannera'
$2.2.Ti3; ilm-ktrs and feeders. $-".5 30"
calves. $.1.507.50; bull and stags. $2 7565
Hugs Receipts. 17..V: market. lOc to 15c
lower. Heavy. $0.2uj.45; mixed, iilnd
26; light. $5.9016.30; pigs, $4.7540.78; bulk
of sales. $0.05'(i6.30.
Sheep Receipts. 6500; market. steady.
Yearlings. $.y6.85; wethers. $iu5 40; ewes
$4.255.25; lambs. $6.5u7.50.
Pheep Shearing la Yakima Valley.
NORTH YAKIMA. Wash.. March's
(Special.) The shearing and lambing sea
son in the Yakima Valley Is now well under
way. The largest sneering operations tr-us
far have been coi.cucted by the Wenner
Sheep Company, whose herd of 3600 sheen
near Kennewlck has Just been sheared. The
wool has already been shipped. No price on
wool has been established yet this season,
but all Indications point to Its being from
2 to A cents a pound over what It was last
year.
In addition to the shearing, half of the
BAD
BREAK NWHEA
THE UNITED STATES
NATIONAL BANK
PORTLAND. OREGON
UNITED STATES DEPOSITORY
CAPITAL AND SURPLUS, $1,000,000
OFFICERS
J. C. AINSWORTH. President. R. W. SCHMEER, Cashier.
R. LEA BARNES, Vice-President.
A. M. WRIGHT, Assistant Cashier. W. A. HOLT, Assistant Cashier.
DRAFTS ISSUED ONALLFOREIGNCOUNTRIES
PAYMENTS MADE BY POST TO PARTIES
ABROAD WITHOUT COST TO RECIPIENTS
LUMBERM
NATIONAL
Second and
CAPITAL
OFFirUIIJ.
O. K. WENT WORTH. President. GEO. I. .MTHERSOX. Vice-President.
JOHN A. KEATING. Vice-President. H. D. STORY. Cashier.
V. A. FREEMAN', Ass't Cashier.
THE BEST STREET INSURANCE
IS THE BITULITHIC PAVEMENT
It insures against tlust, mud and street noises.
It insures against slipperinoss and fulling horses.
It insures against tracks, disintegration and costly repairs.
, It assures a sanitary and" durable street.
It assures conscientious workmanship and bet materials.
It assures perfect satisfaction.
BITULITHIC INSURANCE IS SAFEST AND SUREST
WARREN COSTRUCTION COMPANY
317 Beck Building, Portland, Or.
number have passed through the lambing
period and there Is every Indication of an
excellent percentage of increase to the
flock. The lambs already born art stronaj
and sturdy.
Metal Market a.
NEW YORK. March 5. The London tin
market was lower today with futures at
131 I- tld. Locally the market was easy
at US.00 3iJ28.7Oc.
Copper declined Ta 6d In the London mar
ket. with spot closing at tSu 7s Ad and fu
tures at 57 2s Od.
The loral market was dull nnd unchanged,
with lake Quoted at 12.67 n 13.12 c; elec
trolytic at l.i.50 12.7.".c. and casting 12r7'.,
H 12.62c.
1-ead was higher In the Isondon market.
The local market remained quiet at
S 3.07
Kpelter declined to 1 12s CIA In th Lon
don market. Locally the market was quiet
ami unchanp-d at 4.72i ti .77,,s
Iron was lower In London and locally
unchanged.
Dried Fruit at New York.
XEW YORK. March 5. The market for
evaporated apples continued quiet find qun
tst Sons are .radically noiiilr.il. Fancy are
junted at S!h ii U V ' : prime, 61 j tl c and
common to fair at IVrtK.
The consumption of prunes is r.yd to be
on a heavy sciie. but plenty uf supplies
are available. Quotations range from 3 c
to T'io for new crop California fruit up 10
40-50 s, and fmm Ge to ic for Orenns
ranging from 40-S0s to o-iio's.
Apricots are fli'm with choice quoted
Vs4j0c; extra choice. ttf!0c and fancy
at 11 S U 13c
Peaches are more active and Cont ad
vices report an advancing market. spot
choice are at rto; extra rho.ee. rt 7c;
fancy. 7 i S 3c.
Itaislns are Unchanged
C 'oflTee und Sugar.
NEW YORK. March ." . Co ft'ee futures
closed easy, net unchanged to ten points
lower. March. i-83 tj iKc: May. 6 s;.c; July.
40v; September. 6 0Or; Octolr. j.7V; Feb
ruary, 5 hOc. Kpot. steady. No. 7 Rio.
Santos No. 4. lc in.M, steady. Cordova.
S13c.
Sugar Raw. steady; fair roflnlng. a.SOc;
centrifugal tl test. 3 c; molasses sugar.
5.5c ;
powdered. 4-7.e: granulated. 4 GAo.
Japan's earthquake record for 50 years
is 27..".L'tJ. Italy hud a few more.
Bonds
Stocks
Securities
For Sale by
T. S. McGrath
Lumber Exchange
PORTLAND, OR.
ENS
BANK
Stark Streets
$250,000
Gregory
Heights
Tomorrow
See Big Ad, in
The Oregonian
Tomorrow.
TRAVELERS Cl'IDE.
forth QermcLnAloyd.
KAT EXPRESS SERVIC E,
rl.vmoalli Urrlniuri llrrnia u 10 A. M.
I'rrllle March -' t Kni.v W m. II .. April 6
K.W m.I.i;r. . Msr. w Kronprini iVin. Apr 13
TW1X-S1HKW PAKKc;KK SKKUtE.
Urrniro lllm l 10 A. l.
Onilnsu. . Vrch 1 1 S-hsrnhort Mar-h
Itonn Murrh IS P. Kr'rVr'k Wm.Apr. 1
i.'alls st I lymoutli snd Cherbourg.
MEIHTEKRAXEAN HKKVIf E.
t.lbnltsr AlnlrrH NupU- i.rnus,
SnillnK Kt 11 .. M.
K Albert. .. Mar.-h I.; "l'.it.nns..Mr IT
N.ur.....:nli K. Ln. ... April 111
.iiiil. AlKi-r--Atirl i: -r.ii. tmita ,lper.
North li'rnaD l.loyd Tnvrlrra' hrrks.
Vlil.h .. Acrntn. fi ltnsdTS. X. V.
ItolM-rt sprllr. 2.10 I'mtrll St . t.rn'l 1'acillc
t oaL Asrnt. (an Inurixa. t sl.
f'PV 7Fi!!f'n NEU" SERVICE vl. TA-'
lltll tLfiLMIlJ Hirl. DellKhtral South
AUSTRALIA
Tours for B.t.
Health snd Plesur.
ZEALAND. th
world's wonderland. Ueysers. Hot Lskes.stc.
The favorite c. Mtripou tails Irora tvn
Francisco March 1 April 15. May SI. etc ;
connecting st Tah.tl with Vnion Line tor
Ve!llnton. N. V.. TIIK OXI.V l'AEM;t'3
LINK lr ROM V. S. TO NEW 2EALAXI.
WeliinitlGn and hack. jlmo. Tahiti and bark,
ti:-'. lt c1b. LINK TO HOXOI.lLL-bpe-ctal
round trip Jim. 1st dDa S. S. Alamdt
sails Mar. 1:1. Apr. a. i. etc. Address
OCEANTC LINE. 673 Market St.. San Ena
cisco. SCAIVDINAV11N-AMERICAN LEVE
10,000 Tod Twxo-Screw Passenger Steamers
Direct to
Norway, Sivedea and Denmark
; i uite.j MHtes.eMrtr if i n ii it states . April ?9
fieliiR fMav pr. 1 i. V. Tti-tKfn. . . May
Oscar II April 1 Hi!lie i v . . Mhv IS
All Mrtmfm r4)iiiii.ed with W.rele.
First cabin. ST.. up.varti; second cuhin. .7 50
A. t. JiMNSUN v -o.liki Washington ave.
"o.. Miiineapolit. iliua.. or to Local Ageati.
North Paclfl: S.3. cru Steinihlj
koaoojad aaa Geo. W. Lider
San lor .LuitkA, bA irraneueo and
Los Angeles direct every Thursday
it 8 P. M. Ticket offlce 132 Third
St., near Alder. Both phone, JJ,
1314. H. Y.uug, Agent.
SAN IRAMISIO A fORIUMI S. S. CO.
Only direct stea-mer. and aayliicQt sa:llDs
From Answorth Dock. Portland. 4PM
tj-S. Senator, Mar. i, 19. rlc
K.S. Itoe City. Mur. li. S6. etc.
From Lombard St.. San Francisco. II A. v
U.S. Row City. Mur. 6. SO. etc.
b.s. Senator. Mar. IS, 21. etc
J. W Rmnom. Iolc AKent.
. " 2"s Alnsworth DKk.
M. J. ROHE. rite Ticket Arent. 142 3d St.
I'hons Main 40J. A H02.
COOS BAY LINE
The steamer BREAKWATER leaves Port
land every; WedneMiay. n P. M., from Aln
aorth dock, lor North Bend. Mar.hileld and
tooa Bay points. Kreifcut received till 4
M. on day ol sailing. Passenger fare, flrst
cls, lo: second-class. T. lncludmc berth
and meals. Inquire city ticket office. Third
and Washington streets, or Alnlaortu docs.
Plies. Main sas.