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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (March 13, 1909)
FIILLERS BUY WHEAT sub Moves at $1.10. and Bluestem at $1.20. ALIFORNIA IS AFTER RED rtlve Local Demand for Outs In- quiry Tor Old and luturc Hops. Potatoes Firm and Onions Steady. Liberal wheat buyinar hv minor. - iorted yesterday and this Imparted ad- Ltlnnnl Ir.n.th ... .1 . . i-UB luarKBL A onzlderable quantity of club changed hands si. 10 and for hinoxom c 1 on hough holders generally asked $1.S5. Red lussian was held at gins with rmrnmu uyers otCerlng SU05a1.00. I There was si ltvelv . J" general asking- price. Barley was Orm at S80. Sales of rolled hri . liT Rn . 1 The foreign wheat shipments for the week were reported by tr.e Merchants' Exchange as follows: Argentine shipments. 5.102.OOO bushels; last week. 6. 216,000 bushels; last .rdr. ...j.o.wi bushels. Australia ship ments. 1.3JU.000 bushels; last week. 1.2U6, OOO bushels; last year, 338,000 bushels. Bid and asked prices were posted at the Board of Trade as follows: WHEAT. -.. Bid. AaU4 Aprtl i t)8i i.a OATS. AP"1 185 l.U2i, BARLEY. 1.45 1.50 -April . . B J jty j Vtt Receipts In cars were reported by" trie Merchants' Exchange as follows: . "Wheat. Barley, flour. Oats. Hay March 6-7.. 6 10 -l i , March 8 2 7 3 f ? March S 15 a 10 , a March 10... 32 .. 5 5 2 March 11... H ., J Last Week. J 62 13 so 23 4J STEADY IraiANI) FOk HOP CONTRACTS Buying; Ahead in Spile of the Prohibition Agitation. Ixical hop' dealers are inclined to take a somewhat gloomy view of the future of the hop Industry In the face of the general pro hibition sentiment. In almost all the leg islatures bills have been Introduced or are being considered that If enacted into law and enforced, will directly affect the de mand for Oregon hops. This has led some of the largo growers to consider the advisa bility of putting their land to some other ue. However, in spite of the prohlbftlon sentiment there Is still a good demand for H10O crop contracts and dealers are otter ing 10 to 10 cents for such. Julius Pincus has contracted for 7G.O00 pounds of the coming crop at 1014 cents as follows: 80. 000 pounds from Walker Bros'.: la mm r from W. A. J. Horsicgton and 10,000 pounds from R. H. McCarter. There is a good demand for 180T hops ... . ent" U Qulta freeIy b,d when the condition Is right. The market for 1908s Is quiet, the only late transactions being the purchase by T. A. Livesley A Co of the Harding lot of 62 bales and the Schmidt lot of 82 bales, both at Mt Angel at 7 cents. ' London cables yesterday reported unsat isfactory condition, there, with the market dull and sales difficult to make. YAKIMA HOPGBOWER8 CXBECIDED. Many Think land Can Be Pnt to Better Uses. NORTH YAKIMA. Wash., March 12 (Special. ) Hopgrowers In this section are " ?h?uana"' to "hat course to purine lo , fom'n eason whether to attempt to rase large crops, or to continue the work of cutting out roots which was so general tht ?'h?r- . ,The 'livelihood. however, is ii. fh,cutt!nK out of roots will be c0! tinned this year. There has been considerable activity, how- mak. " V" Part f ,ho who dei To make contracts and 10 cent, ha. been the prevailing figure. Not many contract, have been made as yet. contract. In Yakima County it han been so clearlv v.e?HnJ't7ed that lands Ptto other cp. yield fair return on the Investment, that many hopgrowers have docided to devote are betted.,'0 somethl"8 "r which tiers ?r and more certain prices Conditions elsewhere, it Is thought, may make hop. a good crop', but In this county la-ChMltche"' who has bee one of the 1"" 5 PRrowers of this section, but who reduced his acreage last year 50 per cent 1 now planning to plant fruit trTi ii. remaining hop flelds.Pand Henry 6cho hi, the same purpose In view. Others are ex! pected to follow the same lead NO AC CI" MiXATION OF EGGS. All Kind, of Price, Quoted. But Supplies ('lean I'd. There was some uncertainty as to actual values in the egg market and the prices quoted were as far apart a, on Thursday ranging from 20 to 23 cents. The bulk of the city business, however, was done around . receipts were normal and stocks were generally cleaned up by the close of the day. Poultry arrivals were not heavy and prices were firmly maintained throughout the list. There were no new developments in but ter or cheese, which were firm. Vegetable Prices Maintained. Receipts of California produce were light. Asparagus was quoted firmer, Boul dln Island grass being quoted at 1214 cents. Rhubarb was In moderate supply and sold at 3.25, but a larger shipment Is due to day. Cabbage was Arm at 3S14 cents. San Francisco advices reported an advance of 25 cents a hundred In that market. Potato Market Is I'irm. The demand for potatoes on California ac count is general, but buying operations are restricted by the growing scarcity of stocks and the firm views of farmers. Buyers are paying up to $1.40 for the best offerings There is a good Inquiry for seed potatoes for which 75 cents to $1 is being offered, but supplies are limited. Hank Clearings. Clearings of the Northestern cities vti. terday were as follows: ue 3 es Clearines. Ttaian... Portland Seattkj Tacoma Spokane .-.$1,430,559 $182,609 ... 2,832.250 380,191 .. . . 1 12.935 44.652 -.. l,2o2,337 64.517 PORTLAND MARKETS. Grain, I'lour, Feed, Etc. WHEAT Track prices: Bluestem 1 tna,- ll?,;ev?,u,bLion-10s red KuM'an-" &."i.o?; FLOUR Patents. 5.6S per bartvl straights. $4.t5: exports, $4.10; Valley 15 10 Piaham. 4lx, $0.20; whole wheat, quarters! OATS No. 1 white, SaS-aSO MILLSTUFFS Bran. 2tiO2.60 nr mlddllrKR. $.13: shorts. J2b'o30; ctoo iDB"?! rolled barley. $3132.50. C"3' BARLEY Feed, $:io per ton. HAY Timothy. Willamette Valley. $13013 per ton: Eastern Orepon. $1618; clover 112 13: alfalfa. $14.MH&15; grain hay. $13iB14 cheat. S13.50S14.5W: vetch. $13.00fi 14.50. ' Dairy and Country Produce. BUTTER City creamery. extras, 36c; sajicy outside creamery, d235c per lb.; store. 18e20c. (Butter fat prices average 1 c cents per pound undet regular butter prices.) EGGS Oregon rapch. 2022c pet doxen. POULTRY Hens, 16ei!a,c; broilers. 201i -oc; flyers. Iejj2ue; roosters? old. Iljfl2j; young. 14frl5e; ducks. 2ix&22c: geese. lOc: turkeys, 1S2le; squabs. $2.503 per dozen. CHEESE Fancy cream twins. 17 17 lie per lb.; full cream triplets. 174rl7ij.c; full cream. Young America. lS18Sc. VEAL Extra. 10lsrllc per pound; ordi nary. 78c: heavy. Ec PORK Fancy, SfeiglOc per lb.; large, 5 & 8 Vs c. Vegetables and Fruit. FRESH FRUITS Apples. 75c $2.50 box. POTATOES Buying price. 1.2."1i 1.40 per hundred ; sweet pMlatoe-s. 2Vjii3c per pound. SACK VEGETABLES Turnips. $lfel.Z5 per sack; carrots. SI. 25: parsnips. l-5u; beets. Sl-5U&1.7a; horseradish. 10c per pound. TROPICAL FRUITS oranges, navels. S3 6 2.75 per box; lemons, S34; grape fruit, S4.25c&4.73 per box; bananas, ota&oc per pound; pineapples. S2.Vo3.2o per c'osen; tangerines. $1.7a per nox. - ONIONa Oregon, buying jet. S1-70S1.90 per hundred. '' VEUKTAHLES chokes, 90cr$l dm.; asparagus, l-1 .JOc per pound; beans. 25c; cabbage. " . '.jc per pound; caulinawer. $l.--" ' X'. celery. $4.50 per crate: t-u-jum-t -T.504j 3 per dozen; lettuce, hot house, Si5'al.5C per box; lettuce, head. 85c per dozen; onions, 40&50c per dozen; parsley. 25tii 30c per dozen; radishes, 35c per dozen: rhubarb, $3.25 per box; tomatoes, $1.75 Q 4.50. Groceries, Drie Fruits, Etc. DRIED FRUITS Apples. 8Hc per lb.: peaches. 7V8c; prunes, Italians, BViWoc; prunes. French, 4s6c; currants, unwashed, cases. 914c; currants, washed, cases. 10c; (lgs, white fancy, 00-lb. boxes, 8-ac; dates, I K & 7 14c. oALiiON Columbia River, 1-pound, tal's. $2 per dozen; 2-pound tails. $2.1)5: 1-pound Rats, $2.10; Alaska pink. 1-pound talis, 83; red, 1-pound tails. $1.45; sockeyes, 1-pound tails. $2. COFFEE Mocha. 24 28c; Java, ordinary 17 020c; Costa Rica, fancy, 18 020c; good, 10&lSc: ordinary. 12 Si & 18c per pound. NUTS Walnuts. 1213o per pound by sack; Brazil nuts. 16c: filberts. 15c; pecans. 7c; almonds. 1314c: chestnuts. Italian, 11c; peanuts, raw. 614 6c; plnenuts, 1 12c; hickory nuts, luc; cocoanuta. 0o per dozen. EUGAR Granulated, S5-75; extra C, $5-25; golden C, $5. 15; fruit and berry sugar, $5.75; plain bag, $5.55; beet granulated. S5.55; cubes (burrel), $3.15; powdured (barrelO. $0. Terms: On remittances within 13 days, deuuet 14c per pound; if later than IS days and within 30 days, deduct 14c per pound. Maple sugar. lj18c per pound. HALT Granulated. S13 oer ton. S1.U0 per bale; half ground. lOOs. $7.60 per ton: 50s. $8 per ton. BEANS Small white, 61ic; large white, S14c; Lima. 5c; pink, 2c; bayou, 4c; Mex ican red. Bc Hops, Wool, Hides, Etc. HOPS 1&09 contract, lc&lo&c per pound; 1908 crop. 7 814c; 1U07 crop. 340: lUuO. crop, 1 Is 2c. WOOL Eastern Oregon, contracts, 16 a 18c per pound; Valley, 151014c. MOHAIR Choice. 21&22C per pound. HILES Lry hides. No. 1. 14j114c lb.; dry kip. No. I, 14lbc pound; dry calf skin, 17 14 18c pound; salted hides, 90014c: salted calfskin. 14(j15c pound; green, li less. .,nFR?T:Xo- 1 skins: Angora goat. $1 to $1.25; badger. 2oiSjr,0c; bear. $54i20: beaver, $6.508.50; cat, wild. 60c$l; cougar per !?cctnhad and claw. $3U10; nsher. dark. $7.60&-ll; pale. $4.90 7: fox. cross, $3 to $o; fox. gray, 60c to 80c; fox. red, $2 "5 to $4; fox. silver. $35 to $100; lynx. $101 15: marten, dark. $6012; mink. 76c$4.50: muskrat. 1016c; otter. $7; raccoon. 45c i JX,?ea ot.tor' $12 40, as to size; skunki 5075c; civet cat. 10ft 15c; wolf, tiitl coyote. 70c$l.lu; wolverine, dark. $ltoi: wolverine, pale. $22.50 CASCARA BARK Per pound, 4 14o. Provisions. BACON Fancy. 21c per pound; standard. lc; choice, lie; fcjiglusn, laicise; stripe, BRI SALT CURED Regular short ears. dry salt. 12c; smoked. 13c; short clear backs, heavy, dry salted. 12c: smoked 13c Oregon exports, dry salt, 13c; smoked, leo! HAMS 10 to 13 lb... 1414c: 1 iol lo. 14c; 18 to 20 lbs., 14c; ham., .klnned' 14c; picnics, S 14c; cottage ro.lT Uc; ihout: oer. Hji boia luuu, ll420i.c; boiled LARD Kettle rendered: Tierces I3u.x tubs. 130: 50s. I3c; ids. l3T4c: ioi! 1414c; es. 14Hc; 3s. 14 14c. stndafd pure1 Tierces, 1214c; tubs. 12c; 60s. 1214c- 20s! 1214c: 10s. 1314c; 6s. ISHc'; llilic Com pound: Tieroes, 8c; tubs. IVo: fcus. lito 20s, 8c; 6s. 814c ' - 8JIOKED liliKF- Beef totirurl. each 70c; dried beer set.. 16c: dried beef oat sides, 15c: dried beef insldes, 18c: dried beef knuckles. 18c. aI'ma PICKLED GOODS Barrels: Pigs' feet. $13; regular trtpe. $10; honeycomb tripe. $12; pigs' tongues. $19.50. ". MESS MEATS Beef, specials. S12 uer barrel; plate. $14 per barrel; family 14 per barrel; pork. $20 per barrel; brisket. S -2 Pr barrel; S. P: beef tongues, $20- pigs Oils. COAL OIL Pearl and astral oil. cases. 18 He per gallon; water white, iron barrels, f. ,cel "d extra .tar. case. 2114; head light oil, cases. 2oc; Iron barrels, 18c: elaiae. casee, 28c ,m,mm. GASOLINE Union and Red Crown, bar r1"' l$tte: cum, 2214c; motor, barrels, 1140; cases. 22 o; 86 degrees, barrels. Oo; cases. 3714c; engine distillate, barrels! $c; cases. 16c. LINSEED OIL Raw, barrel lots. Te- In 75""' 73C" """" barrel lots, 6Ue; in cases, OIL MEAL Ton lote. $37. FLOUR ACTIVE IN fiORTI niT.IJIlS LOOK FOR NO CHANGE IX PRICES SOOX. Egg9 Drop to a Quarter on Heavy Receipts Washington IPo tatoes Are Weaker. SEATTLE, Wash.. March 1. (Special.) Although wheat 1. not as strong here, and it Is doubtful if anyone would pay the prices asked two days ago, the flour mar ket Is active and miller, look for no change In prices until new flour Is ready. Mil lers here are opposed to the order of the Department of Agriculture, which will pre vent the bleaching of flour. Eggs dropped to 25 cents on heavy re ceipts. It became apparent by noon that the street will be unable to clean up to morrow, owing to the fact that It Is a half holiday. Rather than carry stocks over until next week dealers cat buying prices to 22 and 23 cents. No large orders are looked for until the middle of next week. Two cars of bananas are due but will not be here in time for distribution to morrow. Potatoes are not so flrr One large Colorado shipper quote'1 potatoes In this market today but no contracts were closed. QUOTATIONS AT SAX lRACISCO. Prices raid for Produce In the Bay Cltr Markets. SAN FRANCISCO. March 12. The fol lowing prices were quoted In the produce market today: Potatoes Oregon Burbanks, J1.85Q180 sweets. $l.0trl.75. Onions $1.90 2 per cental. MillBtuffB Bran. $28.506 30; . middlings. $33. 50t( 35.50. Vegetables Garlic. loeiSlJc; green peas. lor 1214c; string beans, nominal; asparagus. Rei'llc; tomatoes. $11.&0; egg plant, 20 25c. ButterFancy creamery. 32c; creamery Cheese l.ew. 14j'loc; 141tl5c: Bastern. 17!-2C. Young Amertca. Eggs "-Store. 22 '4 c; fancy ranch. 23c Poultry Roosters, old, $4&5; young, ST'gs broilers, email, $4.505; brollera. large, S5.50 66.50; fryers. $tt.50tj7.50; hens. $59; 'ducte old. $4.50i5.50: young. $6j8. Wool Spring, vHumboldt and MenJoclno ltd lc; Mountain, SSS'ic; Nevada, &&14c. ' Hay Wheat. $2367 2t; wheat and oats $22 'a. 25.50; alfalfa. $15 10 ; stock, $15jjl'J; straw, per bale, 60&85c. Fruits Apples, choice, $1.50: common, 60c; bananas, $13.50; llme. $7.60tr8; lemons, choice, $3: common. $1; oranges. $1.5o33; pineapples. $24. Receipts Flour, 2885 sacks; wheat, SOO centals; barley, 62.2(1 centals; oals, U50 centals; beans. 614 sacks: potatoes, 3940 sacks; bran. 340 sacks: middlings. 10O sacks; hay. 797 ros; wool, 3 bales; hides 175. New York Cotton Market. NEW YORK, March 12. Cotton Spot closed Arm. 5 points higher; middling up lands, 9.85c; mld-Guir. 10.10c. Sales. 10,10 bales. Futures closed steady. March. 9.15c: Apr!!. U.4Sc; May. 9.4.c; June. U.41c; August. 9.35c; September and October. y.27c; No vember, December and January, 8.22c. DRIFT IS UPWARD Stock Prices Advance, but Market Is Listless. READING IS THE FEATURE Speculation Rased on tlie Labor Out look Pears of Tarifr Bill Sur prises Changes in the Money Market Attract Xo Interest. NEW YORK, March 12. The ratheaim- less drift of prices of stocks turned uoward today after an uncertain period of . backing and filling. Dealing, expanded also slightly cover yesterday's low level for the year. The meager speculation centered In Reading was based atearently on the labor outlook. The rejection by the miners' representatives . of the counter-proposition of the anthracite operators I. accepted with professed equanim ity by holder of Reading stock. The pros pect of a shutdown of mining operations eeem. to be regarded not unfavorably a giv ing opportunity to dispose of an accumulated surplus of coal and to reduce the Interest charges for carrying this surplus. This Is an argument advanced by buyers of tbe stock. There Is an undercurrent of belief that there will be no strike and this also is a factor In modifying the Influence of the news from the conference. Some of the buy ing of Reading was supposed to come from uncovered shorts. Dealings In the stock con tinue to be affected more or less by the ex pectation of an early decision In the commodi ties test case. . The movement in the general list was little more than one of sympathy with that In Reading. There Is some fear that the tariff bill, when it comes from the committee next week, may contain some surprises, that will prove disa greeable to those Interested in some of the Industries affected. The broad intimation of a probable abolition of the duty on Iron ore weakened the certificates of participation In the Iron and ore properties of the Great Northern Railway today. Estimates of the week's currency move ment were followed by languid interest in view of the continued pressure of funds for lending. Announcement was made of fur ther shipments of gold coin In London on Saturday and some falling off In the net re ceipts on the Interior currency movement was reported, leaving them apparently Insufficient to offset the loss on account of gold exports. The decline In bank cash thus Indicated was viewed with entire Indifference. The price of copper was marked down again at the New York Metal Exchange and receded also In the Ixmdon market. The foreign markets reported dull trading as we:i as Ihere. but some sensitiveness to rumors regarding A ustro-Hungarian-Servian relations Is manifested. The rebound of Erie on the denial of yesterday's rumors of a receiver ship was a factor In the moderate strength or stocks. Bonds were steady. Total sales, par value. $2,758,000. United State. 2s. coupon, de clined H per cent on call. CLOSING STOCK QUOTATIONS. Closing Sales. High. Low. Bid. Amal Copper .... 13.300 6Hi 6814 64 Am Car & Foun. 1,100 . 481. 4Sa do preferred ...... 110 Am Cotton Oil 61 '4 Am Hd & Lt pf. 88 ' Am Ice Securl... 4,700 1914 yK 2S?fc Am Linseed Oil 13 V Am Locomotive... 400 61 0OI4 504 do preferred .'. 112 Am Smelt Sl Ref. 700 83! pji 0314 do preferred ... 100 102H I1J14 102 ' Am Sugar Ref... 8"0 13lli 1304 13014 Am Tobacco pf.. 400 S3 94 'a 9414 Am Woolen -. . . 23 Anaconda Min Co 500 41 40t 4oi Atchison 4.30 10414 1-13, 1(3. do preferred ... 2o0 I0254 102U, Atl Coast Line... 400 119 118t 118'- Bait & Ohio 60O 108 107 lo74 do preferred 931- Brook Rap Tran. 800 71. 701 704 Canadian Pacific. . 400 17 loo 14 ltnis. Central Leather. .'. 27 "do preferred 10114 Central of N J.. 2f0 228 229 227 Ohes & Ohio.... S.9oo 67H 6B4 GO'S Chicago Gt West. fO 6!4 ! au. Chicago & N W.. 30 178 178 177U C, M & St P 2,200 1424 142 1421, C. C, C 4 St L. .. 300 73 73 73 1 Colo Fuel & Iron.. tt' 8214 311 32 Colo & southern.. 300 Ki 3" tttlj do 1st preferred. 1.2o0 M;4 2i K314 do 2d preferred. 1.5O0 HI 79-Ti 80' Consolidated Gas.. 2,300 129 12 128 Corn Products ... SOO 18. 1814 IS14 Iel ft Hudson... 900 174 17314 174 ' D & R Grande... 700 4414 43 43i do preferred Mi Distillers' Securl 341, Erie 7.300 24'i 23' 23", do Jet preferred. 1.400 3s4 ::7i 38 do 2d preferred. 400 2T4 SW 30 General Electric. 2i 152 151i 151 "4 Gt Northern pr. .. 1.2i 140S 13-4 14ol. Gt Northern Ore.. 3.40 HKv ha Illinois Central .. 300 141 140 4"4 Interborough Met. S,2oo 15 15 15 do preferred ... 15.100 tr 43"i4 4414 Int Paper 800 10 10 do preferred ... 400 riia. 61 6oti Int Pump 37l? Iowa Central 800 2fl,4 28. 281: K C Southern ... 8.000 44 44 4414 do preferred ... 4, 400 72i 72 4 7214 Ix-.uis & Nashville 3.100 1304 1281i 120'i Minn & St L 3oO S3 53 5 M. St P & S S M. 3O0 144 '4 14.114 144 Missouri Pacific.. 900 B8V. Amu. its Mo. Kan & Texas 5,300 40-4 4014 4D National Iead ... l.Soo 75 74t 75 N Y Central 4,2oO 124 123 14 124 N Y. Ont & West. 30 4514 45"i 45 Norfolk Ic West.. nno 8714 8, 8714 North American.. 400 Sot: 701. Northern Pacific l.Soo 137fr, l.tt; l:tr. ' 1 1 ' ' man .... .V " .1" ' -v, 2W": Pennsylvania 6.7oO 12v4 12' 12Hi People's Gas 40O 110 1091- K.t. P. C C St L 80i Prej-sed Steel Car y.5 Pullman Pal Car ir,s Ry Steel Spring.. 40O 354 S5 35 Reading 63.300 12S4 12314 1244 Republic Steel ... 6U) 20 1914 do preferred ..... 71 Rock Island Co.. 1.900 22 2214 22-V dod preferred 5o0 62 8154 2 St L & S F S pf .'" 37 1' t 1. southwestern .... do preferred ... . . . . s;ops-!heffleld t: Southern Pacific. 8.400 117 11714 I1714 Southern Railway. 000 23; 23', 23ii do preferred ... 1.8"0 61 "4 61 61: Tenn Copper .... 5.80O 421 4o 41 it Texas A Pacific.. 300 Z2 324 32Z Tol, St L A West. 7H 4rtl4 4 451" do preferred ... 200 (u ui Union Pacific ... 27.4UO 176 174 1754 do preferred 95 TJ S Rubber an 14 do 1st preferred loH U S Steel 43.4O0 44 --4 434 44. do preferred" ... I.100 lln4 1104 110 Utah Copper .... loo 41 41 4014 Va-Caro Chemical. loo 43 43 43 ilo preferred 112'. Waba.h 400 1714 174 17-V do preferred ... 9oO 45i, 444 4444 Westlnghouae Elec 100 7714 77 3 7i, Western Union boa; Wheel L Erie 9 Wisconsin Central. 1.500 494 4St4 4l4 Am Tel A Tel 3o0 12U 12S, 120 Total sales for the day. 337.O00 shares. BONDS. NEW YORK, March 12. Closing quota tions: V. S. ref. 2s reg.lOllilN Y C G 3tis... 93'4 do coupon 10114 North pacific 3s. 74 4 U. S. 3s reg 101 North Pacific 4s. 103 do coupon 101 South pacific 4s. 914 TJ S new 4s reg. 119 lunion Pacific 4s. 103 do coupon 12014'wiscon cent 4s. 944 Atchison adj 4s . lO.'., 'Japanese 4s 85 D A R G 4s. ... 98 I Stocks at London. LONDON. March 12. Consols for money. S4 11-16: do for account, 8414. Anaconda SHIN. Y. Central 12'4 Atchison 10O, iNorfik c West.. Shi- do pref 104l do pref 8: Bait A Ohio IIO14 Ont i West 45 '4 Can Pacific 171 14 !pennsylvanla ... 6rt'i Che. & Ohio 6S4lRand Mines 74 Chi Grt West., c. Reading R3v C. M. P...145V4!Southern Ry 24 De Beers la'41 rto pref :;'4 X A R G 4tS,South Pacific. ... 1 1S do pret Seii Unlon Pacific. .. .17!'i Erie 241; do prer 97 'i 1 ..' pf "84 :U S Steel 44 do 2d pf 214l do pref ..H2T4 Grand Trunk... !S'iWabasli 181, 111 Central 144 !41 do pref 46 L N 131 4Spaniah 4 PS'4 Mo K T 41 Hi Amal Copper 70 Money, Exchange, Etc. NEW YORK. March 12. .Prime mercan tile paper. 814 8 4 per cent. Sterling exchange steady, with aetual busi ness In bankers- bills at $4 SJl 4.SB10 for AO day bill, and at $4.8810 for demand. Com mercial bills, 4.S5 4.85"4. Bar silver 504c. Mexican dollars 14c. Government bonds Easy; railroad bonds, steady. Money on call Easy. 1 1 per cent; ruling rate and closing bid. 14 per cent; offered at 2 per cent. Time loans dull and slightly firmer; 00 days. 214 per cent; 90 days. 214 f2i per cent; six months. 3 per cent. LONDON. March2. Bar silver Steady. S3(4d per ounce. Money 2t?31i per cent. The rate of discount In the open market for short bills I. 2 per cent; for three months' bills Is 214 12 3-16 per cent. SAN FRANCISCO. March 12 Silver bars SO 14 c. Mexican dollars 45c. Drafts Sight. 5c; telegraph. 7'ic. Sterling on London. AO days. fl.Sol; sterling on London, sight. $4.SS'i. Dslly Treasury Statement. WASHINGTON. March 12. Today's state ment of the Treasury balances In the gen eral fund exclusive of the $150,000,000 gold reserve, shows: Gold coin and bullion S 40.42n.347 Gold certificates... 4S.2oi.2rt0 Available cash balance 13.;iu7,bU5 TRADE BEST IN WEST BIT THERE IS STILli ROOM FOR IMP ROVEMEXT. Woolen Distributors Will ciid Tlielr Salesmen on the Road Un usually Early. NEW YORK. March 12. R. G. Dun A Co.'s weekly review of trade tomorrow will ay: Milder weather stimulates Spring sales, but foreign trade continues quiet. Transaction, are better In the West than 1n the East, but are lacking the desired animation. Some progress toward more settled conditions Is noted In Iron and steel. In wire products or ders are somewhat heavier. Western distributors of dry goods report a satisfactory business, but condition, are less satisfactory In the coal and Iron section, of the Middle West and among local Jobbers. In the woolen division there 1. a disposi tion on the part of the clothier, to send salesmen on the road unusually early. Extreme dullness prevails In the hide and leather markets. . Uncertainty regarding the tariff legislation la affecting hides and hav ing a deterrent effect on business. Few sales of any variety of leather are being made and these are only for small quantities to supply immediate want, of buyers. EXPORT TRADE NOT SATISFACTORY. Effect of nigh Prices Hers and Red need Ruying Power Abroad. NEW YORK. March 12. Bradstreet's to morrow will My: Trade and industrial developments this week tiave been slightly more favorable, the result being a better tone In various line, of trade and some enlargement of activity In Spring demand from Jobber, and from re tailers. Where Jobbing demand has Improved conservative buying has ruled, trade at first hand. ha. remained pretty quiet and the en largement of retail buying has not been very marked. Export trade totals at present are depress ing, displaying the effect of high prices here and of reduced buying ability abroad. The coal trade la very unsettled. Wage reduc tion. In the Iron and steel trade are Increas ing. Shoe manufacturer, are reported catch ing up with Spring orders and a lor.g "be-tween-scasons" period Is looked for. Business failure, in the United States for the week ending March 11 were 26$., against 219 last week, 278 In the like week of 1908 186 In 1907, 187 In 190 and 186 In 1905. Canadian failure, for the week were 40, which compare, with S3 last week and 31 In this week last year. Wheat. Including flour, export, from the United State, for the week ending March 11 aggregate 2.289.847 bushels, against 2.679. 977 last week and 2.3U5.502 this week last year. For the 37 week, ending Marh 11 tnl. year the exports are 142.2o9.409 bushel., against 161,490.067 in tr.e corresponding period last year. Corn exports for the week are 930.848 bush els, against 760.65O bushels last week and 1.485.499 bushel. In 1908. For the 87 weeks ending March 11 corn exports are 21.783.350 bushels, against 40.879.8o5 bushels last year. Bank Clearings. h.'EWi T,ORK' March 12. Bradstreef. bank clearings report for the week ending -7rh 11 ,how" an Klf',gate of $2.S5. 072 000 as against $3,337,077,000 last wVk and $M03. 087,000 in the corresponding week last year. New York Chicago Boston ....... Philadelphia ., St. Loul. Pittsburg Kansas City , San Francisco .... Baltimore .......... Cincinnati ......... Minneapolis ........ P. C. Inc. .$l.f55.o35.O00 39.9 2li8.4K3.000 11.2 145. SSI. 000 22.0 112.S11.UO0 11.4 5. 775. 000 7. 3.1. 371. 000 49,345,000 46.7 34.23G.OoO 10.7 24.210.000 9.9 27. 448.000 1.2 IS. 872. 000 14. O w oriean. 16.243. 000 1.3 Cleveland 14.108.000 15.9 ix-trolt 13.1 11,000 9.7 Omaha. 16.941. 000 24. X Louisville 15. 883. 0OO "9.S Milwaukee l,40.no 17.4 Jort Worth . 13. 476. 0O0 47. B Los Angeles 12.479.000 2 St. Paul 11.288.000 22.6 beattle lO.ai''.ooo 27.8 Denver 9.238.000 22.7 Buffalo 7.236.0O0 6.4 Indianapolis 7.438.000 1 3 Spokane, Wash ' 6.873 0O0 24 4 Providence 7. 229.000 23.6 Portland. Or 8. 00s. 000 16. 4 Richmond 6.012.000 1.4 Allany 5.207.000 15.4 Washington, D. C. ... 6.7SR.00O 15.6 St. Joseph 8.775.00O 41.0 Salt Lake City 5.060.000 25.7 Columbus 5.477.0O0 15 4 Memphis 5.210.000 1S.7 Atlanta 4. 759. 0O0 1 6 Tacoma 4. 929. 000 -9 0 Houston 29.447.000 3 1 Galveston 11,965.000 8.9 Decrease. Dried Fruit at New York. NEW YORK. March 12. No change was reported In the market for evaporated apples, with fancy quoted at SlifeO'ic. choice at 714 Cf"e, prime at C&64c and common to fair at 6fi 6e. Prune, are In fair demand and' spot sup plies are cleaning up. with the tone of the market steadier, although there is no quota ble Improvement In prices. Quotations range from 34 to "lie for new crop California fruit up to 40-&O and from 6?i to 9c for Oregon prunes. 40-50e to 2o-30s. Apricots are firm, with choice quoted at 9144i9ic. extra choice at 9410c and fancy at liu-tjisc. Peaches are steady, with choice quoted at BVafieo. extra choice at 6W6ic and fancy at 78'4e. Raisins are dull and nominal, with loose Muscatel quoted at 4&5c. clr-e to fancy seeded at 4464c. seedless at 34iS14c and London layers at $1.24j 1.30. Dairy Produce In the East. CHICAGO. March 12. Butter steady; creameries. 226 28c; dairies. 204J 25c. Eggs steady, at mark, cases t-icluded ; firsts. 18c; prime firsts. 19c. Cheese Firm; daisies. 16c; twins. 15c; Young Americas, 10c. NEW YORK. March 12. Butter Jar.ey grades firm, other, easy; prices unchanged Cheese Firm, unchanged. Egg. Firm; firsts. 2oc; seconds. 1914c Wool at St. Iula. ' ST. LOUIS. March 12. Wool Unchanged, medium grades, combing and clothing 204r 24c; light fine. 1720c: heavy Bus, iojf 17c; tub washed. 2(-i34o. WHEAT AGAIN SOARS Prices Advance Over Two Cents in Chicago Pit. CLOSE STRONG AT THE TOP BriHish News JProm Argentina and Rig Export' HuKiness at thsj Sea board Are the Causes of the Bulge. CHICAGO. March 12. Wheat prices ad vanced more than 2 cents a bushel, owing to bullish new. from Argentina and to brisk export business at the seaboard. At the close prices showed net gains for the day of 1S14 to 242i;c. Half of the day', gain was msde on Initial transactions, opening quotations being to 1140 above the close of the previous session. May opened at $104 ,0 1'16 Ju,r at l-,3''4 to Demand was general at the start, owing- to an advance of 14 to ld t Liverpool, which was largely due to a decrease of nearly 2.O0O.00O bushels In the Argentina visible supply. Bull leaders gave the market active support during the greater part of the day. and this led to free covering by shorts In general. Reports of damage to the French crop, claims that the Balkan situation 1. again becoming acute and reports alleging enormous export sales from this country were factors that further strengthened the market late In the session. Rumor, were current In the pit that the export business today at New York would aggregate more than loo "oa. loans, out a message from a reliable house there declared that It vonM nn SO boatloads. Sentiment was bullish in the nnai nour and prices advanced rapidly. The top for May wa. $1.1714. July advanced to $1.06. The market closed excited and strong, with prices at tbe top for May and a shade below for July, the latter closing at The corn market was dull all day. The market closed firm, with prices no 4o to i" wun the previous close. May being at 6814c and July at 67V,98c. Trade In the oats pit was very quiet and the market manifested less bullishness than wheat or corn. The market closed Arm with prices up a shade to He. May being at 65Hc and July at 49!4tranc. Provisions closed steady, with prices 14e ' - " 1 m uc mgner. The leading futures ranged as follow.: WHEAT. TU. 9?'.1- "'" Low. Close. MV $1144 $I.I7'4 $1.ISS $1 17l i-oj loss lost! i:S$-, beDt 8's .98', .9J . CORN. .'4 .4 May July Sept 4 .! .474 67V 7T4 -7'4 .68 .68 .48 OATS. May bs4 .554 July 49-4 .so Sept 41 .414 MESS PORK. .$54 .$54 .49 .go .41 .41H Mar l o?H it. exit it 17 K Ju'y 1S0214 1S.0214 17.90 17$7H LARD. M"y 1074 10S74 108214 10 3714 July 10.60 10.50 10.45 10.50 SHORT RIBS. Ym7 9 474 $4714 94:14 47H July 9 62V, 9 6$ 9 57V, 9 60W ash quotations were as follows Flour stead v. Rye No. 2. 79c. Barley Feed or mixing. 4 Vk S ! '4 e : fair to choice malting, 65tit7c. Flax .eed No. 1 Southwestern, $1.$; No. 1 North wesusrn. $1.69. Timothy seed $3.85. Clover R.60. Pork Mess, per barrel, $17 75917. $0. Lard Per 100 pounds. $10.!7,. short ribs Sides (loose). $8.75 f 10. Sides Short, clear (boxed), $9.1714 ft 10.22S- Grain statistics: Total clearances of wheat and flour were equal to 14.000 bushels. Exports for tbe week, as shown by Bradstreet's. were equal to 2.289.000 bushels. Primary receipts were 433.0O0 bushels. compared with 625.000 bushels tho corresponding day a year ago. Estimated receipts for tomorrow: Wheat, 15 cars; com. 16S cars; oats. 124 cars; hogs. 19.000 head. Receipts. Shipments. Flour, barrels 31.500 20.400 Wheat, bushels 53.300 5:. 500 Corn, bushels. ......... .306.300 172,700 Oats, bushels 237.600 2:8.200 Rye. bushels........... 3.000 4.0O0 Barloy, bushels 145.600 11.200 Grain and Prod nee at New York. NEW YORK. March 12. Receipts. 17.300; exports. 222.1. Firm, but quiet. Wheat Receipts. 31.200; spot stronn. No. 2 red. $1.24140 1 234 elevator; No. 2 red $1.25i f. o. b. afloat; No. 1 Northern Dn luth. 1.2S f. o. b. aflcat: No. 2 hard Winter. $1 231, f. o. b. afloat. Influenced by a large export business and very strons foreign markets, wheat was active and de cidedly hlKher today Final prices showed 14 17 214 c net rise and shorts were larcje buyers riftht up to the close. May closed $1 2H; July closed at $1.13. Hops Quiet. Hides Easy; Bogota. 18 14 1514c; Central America. 25 He. Wool Steady. Petroleum Stead y. Grain at San Francisco. SAN FRANCISCO. March 13. Wheat Firm. Barley Firm. Spot quotations: Wheat Shlpplns;. (1.879 1.&2H per cental; mllltnic. $l.95ttl.l714. Parley Feed. $1.4214 01.4714 per cental; brewing, $1 5031 So. Oats Red $1.75Q 1.85 per cental; white, $1.87 "4 0 1 or.; black, nominal. Call board sales: Barley May. $1.4514 per cental; Decem ber. $1.23. Corn Large yellow, $16714 917214 per cental. European Grain Markets. IvONDON. March 12. Cargoes firm. Walla Walla, prompt shipments. 3d higher. 8D. 8d: California, prompt ahlpment. 40. 6d. English country markets, steady; French, country markets, steady. LIVERPOOL March 12. Wheat May. 8s 24d; July, 8s 4d; September. 7s 1014d. Wcathtr, cloudy. Wheat at Seattle. SEATTLE. March 12. Ko milling quota tions. Export wheat, bluestem, $1.16; club, $145: red. $1.01. Car receipts today: Wheat. 11 car.; oats. 2 cars: barley. 1 car. Wheat at Tacoinm. TACOMA. March 12. Wheat. milling, bluestem. $1.10. Export, bluestem) $1 16; ciub. $1.05; red. $1 01. PORTLAND LIVESTOCK MARKET. l'rioes Current Locally on Cattle, Sheep and Hogs. Recelp. of livestock yesterday were small and trade on the whole was quiet. ' The recent arrivals, however, were large enough to supply Immediate requirements and prices held quite steady. Yesterday's re ceipts wcre 200 hogs and 30 horses. The official quotations of the Portland Livestock Exchange yesterday were: CATTLE Top steers. $50006.23; fair to good. $4-734 5.00: common to medium 93 23 (U4.B0; cows, top, $4.23; fair to good. $3. no r4.00; common to medium. $2 50 3 no calves, top. X.YO04? 5 SO: heavy. $3,5044.00; bulls and stags, fat. $300 0 3 50, common. $2pO?2.75. HOGS Best. $7.-23; fair to good. $8 73 7.00: storkers. $3.50g 0.50: China fat.. $6 73 SHEEP Top wethers. $3.73; fair to good! $4.754r5.2,; ewes. V,c less on all grades lambs, top. $0.0006.73; fair to good. $4.00 4j 6. 50. Kasteni IJveetoek Market.. CHICAGO. March 12. Cattle Recelnts estimated at 2w; market, steady. Beeven $4 ht 7.:iO; Texas steers. $4.Mt 3.4fl- W est ern .leers. ft.10 3 3.UO; stockerg and Xeed- THE UNITED STATES NATIONAL BANK PORTLAND. OREGON UNITED STATES DEPOSITORY CAPITAL AND SURPLUS, $1,000,000 OFFICERS J. C. A1NSWORTH. President. R. W. SCHMEER, Cashier. R. LEA BARNES. Vice-President. A. M. WRIGHT, Assistant Cashier. W. A. HOLT, Assistant Cashier. DRAFTS ISSUED ON ALLFOREIGN COUNTRIES PAYMENTS MADE BY POST TO PARTIES ABROAD WITHOUT COST TO RECIPIENTS LUMBERMENS NATIONAL BANK Second and Stark Streets CAPITAL OPFICEIIS. ?A?7VENTWORTfr' "'den. GEO. L SrPHEUSOK, Vice-President. JOHN A. KKATING, Vice-President. H. D. STORY. Cashier. K. A. FREEMAN, Ass't Cashier. THE BEST STREET INSURANCE IS THE BITULITHIC PAVEMENT It insures against dust, mud and street noises. It insures agaim-t slipperiness and falling horses. It insures apainst cracks, disintegration and costly repairs. It assures a sanitary and durable street. It assures conscientious workmanship and best materials. It assures perfect satisfaction. BITULITHIC INSURANCE IS SAFEST AND SUREST WARREN COSTRUCTION COMPANY 317 Beck Building, Portland, Or. There will be more people in Gregory tomorrow than on all the other properties of Port land put together. Read Gregory's ad tomorrow and then visit GREGORY. ers. $.1.5005.50: row. and heifers, $1,909 6.75; calves. JHfsr.o. Hogs Receipts estimated at 21.0O0; mar ket, strong. Light. $.1 33 i 6.75: mixed. $ 4.1 U-H0O: heavy. n no ; rough. i .vw 6 15; good to choice heavy, $t tW i il ; pigs, $5 ,104(0.13: bulk of sates. tl 05 1i .1 SO. 4-heep Receipts estimated at msmi; mar ket, weak, loo lower. Native, $3. 3 4? 3.73; Western. $.1.409573: yearlings. $.VUO-17 13; ambs, native, $3.73 tj 7.70; Western. $3.73tr KANSAS CITT. Mo.. March It Cattle Re-elpts. aooo: market, strong. Native steers. $3.25'tit.9,k; native cows and heifers. $2.75tJ 6.23: sto.-kers snd feeders. $3.7."4i5.75; bull. $.1.Jl5.ui; rnlves, $ ",ii.7': W estern steers' $4 "fi.5n; Western cows. $:t.Y50. Hogs Receipts. xi: market 610c hlrh er. Bulk of sales. $tt.50u.73: heavv. $ 7k : px-kers and butchers. $. 5vf 75 ; light $e.ar.tni.6u: p:g. $5.::.vq5.i. Sheep Receipts. 3".i; market, steady. Mut tons. $4.7.v.i5.w; lambs. $rt.onf 7.4": range wethers. $4.54j7.O0; fed ee. $a'u5.40. SOUTH OMAHA. March 12. Cattle Re ceipts 1400; market steady. Western steers. $.( ;.u"o5. 73: range cows and heifer.. $a-.i3; rnnners. $2.1 in; stockers and feeder $.l'f R.rto; calves. $3.G04i 7.5o; bulls and stags, $:l fj 5. Hogs Receipts. lO son; market. Pftlfe Mgher. Heavy. $il .5grt.70; mtved. $.45S 6.55: llrht. $n 2560.60; pigs. $5&6; bu;k of sales. $o.404tt.Gu. Sheep Receipts. 5"oo: market, slow and weaker. Yearlings. $1R So; wethers. $4 75a B.; ewe., $i4j3..10; lambs, J0.5ofc7.4O. Klax at Minneapolis. MINNEAPOLIS. March 12. Flax closed $1 4. Bonds Stocks Securities For Sale by T. S. McGrath Lumber Exchange PORTLAND, OR. 3250,000 Heights MAKING MONEY IN OIL rapitallxe.l "stock-selline;" schemed U another thing; Mr booklets snow "hv Zdarlsl d.rfcrence. Free to y MARK K. l)AVli, ItMM nrosdvsr - - - O.kl.Bd. Cel. TRAVELERS' UllUB. forth CjennanJZbud. ... VAST r.XrKKSS KKVI( K. L wH,1;;""clL Ka.s . Wm. II.. April 4 iuv srlrh;lt' Kronprln, IV m Apr la iN-SCK E V4 rANt.ENt.ER riEKMCE. "return Direct la A. M. c.nelsenau. ..March 1 1 s.-harnhorst . March IS K?:nY, March ls.-P.Krd-rhWm.Apr. 1 st Plymouth and Cherbourg MEDITERRANEAN ht.KVK E. t.ihrallar Algiers Nuplr t.euoa. ... . --ailing at II A. M. K Albert.. March 13 -Harb.rossa.Msr. 27 ..f: V, M""cn K- I-""e. . April U t.mlts Alglersand lienoa. Omits Algiers. North lirrmu Lloyd Traveler.- Cheeks. OHrieh o.. Agents. 5 Hrt-adwsr. N. Y. Robert (spelie. ;o0 Powell St.. tmt'l Psclna Com''t Agent. tMn g rmnciseo. ml. NEW 7FAIANfl NKW bervick tu T.- IlLn (.LnLAllU HITI. lellghtful South IMCTDIII1 S" Tours for Rest. AUOlKALlA Health end Pleasure. NEW ZEALAND. the world's wonderland. Ueysers, Hot Lakes etc The favorite S. i. Mariposa sail, from San FYanclsro March 10. April is. May XI. etc -connecting at Tahiti with Cnion Line for Wellington. N. 7- THE ONLY PASEXiEK LINE FROM V. S. TO NEW ZKAUANlV: Wellington and back. -.-.;o. Tahiti and bark $123. 1st cla-s. LINE TO HONOLILL Spe cial round trip Jllti. 1st cl.s. s. 3. Alameda sails Mar. l.t. Apr. 3. 24. etc Aldress Of F.AN1C ULNE. 67S Market St.. San Kran- SCAIVDINATAI.-A1IERICAN LTVE MM Too Twin Sctiw Pumdcct Stanra Lirc to Nomay, Sweden and Denmark I'nlted States. Mar IS Cnlted States. April Heilig Olav Apr. 1 c. K. TIetKen. . .Mav n Oscsr II April 15 Helllg tils v . . . Ma v"l3 All Meamers equipped with wireless. First cshtn. 73 upward; second ralun S',7 3i A. K. JOHNSON Co.. lot) Washington ave o., Minneapolis, Minn., or to Local Agents. NORTH PACIFIC S. S. CO. S. S. Geo. W. Elder Sails for Eureka, San Fraueisco and Los Angeles March 18, April 1st, loth, 29th. Ticket office 132 Third street, near Alder. 11. YOUNU, Agent. SAN IKt.MIMO ItlRXLANU a. S. CO. only uirc sievoner. mil davilgnt saalng Answorth pock. Portland. 4 P. 11 R Ur. Mar. IS. . etc. renstor .Mac. Is. April i. etc. Lombard St.. San Fran Iko, 11 A. M Henstor, Mar. 14. 57, elr. Rose City. Msr. -a. April g. etc. J. W. Iliniom, Lock Agent. MS'n S.S Alnsworlh Lock ROt HE. Cltv Ticket Agent. 14S Sd St. From S.S. M.S. From ei.S. b.S. M. J. 2 null Slain 4UX. A 1402. COOS BAY LINE The steamer BREAKWATER leaves Port land every nMUeslujr, s i Al., from Alns worth dock, for North Bend. ManhOeld snd f'ooe Bay points. Krsiglit received 11. 1 4 P. M. on day of sailing. Passenger fare, first class. $lo; aecond-vlass. g7. including berth and meals. Inu.ulre city ticket office. Tblrd snd Washington streets, or Alnsworlh 4c Phcne Main CS.