Hit. MOBMG- OREGOXIAX, SATURDAY, MARCH 27, 190D. 17 SHORTAGE IN WHEAT Europe Will Not Have Enough for Season's Needs. SHIPMENTS FALLING OFF Argentine Exports Only About a Third of Previous Week local Prices Firm, Trading: Quiet. Demand for Old Hops. There was very little business done In the local wheat market yesterday. The demand for all varieties was fairly good, but trade was restricted by the scarcity of offerings. Club wheat was offered at the Merchants- Exchange at 11.10, and other kinds were quoted at former prices, with holders not disposed to make concessions. The feeling in the market was decidedly bullish, not only because of the strong po sition of wheat here, but also because of the nature of the days news. It was ex pected the weekly Argentine shipment would show a considerable decrease, but no one expected the shrinkage to be as larger as revealed by the Merchants Exchange ca ble The shipments from that country proved to be only 2.096.000 bushels, as com pared with 6,224,000 bushels last week, and .178.O00 bushels in the corresponding week last year. That the bulk of the Argentine crop has now passed out of the country and that the figures for succeeding weeks will show a falling off seems assured. Ship ments from Australia also decreased heavi ly, totaling 1.496.000 bushels, as against 2. 6U0.000 bushels last week. A year ago the Australian shipments were 568.000 bushels, Indian shipments for the week were 24,000 bushels, with none last week or this week a year ago. Europe is going to face a shortage In whsat before the season Is over, according to an article by Howard Bartela In the Lon don Times. His statement, as wired by Logan at Bryan to the Overbeck as Cooke Company, of thla city, follows: "The advance In English wheat since the middle of January has been two shillings four pence per quarter. Imports of .wheat into the United Kingdom first 2T weeks of this season, 12,033,000 quarters, against 13, 360,000 quarters the same period last year. Stocks of both foreign and British wheat are now unusually low, also for the bal ance of the season about 87,000,000 quarters will be required to meet European needs, and present Indications are that supplies are not likely to reach that figure, the ap parent, deficiency being four to five million quarters." Bid and asked prices were quoted at the Hoard of Trade as follows; WHEAT. March April Marh April March April OATS. receipts in cars were reported by the Merchants- Exchange as follows: -1.07 . 1.Ubi 1 S2V4 1.85 1.43 . . 1.50 $1.03 1.0a 1.80 1621 1 .50 1.52 H Whnnt nsrloi. 11 March 20-21... a n fa a ..Z March 23. . l " . . ' ' 2 March 24 g March a. 3 1 Total last week 60 13 5 1 4 4 55 1 . JO 2 10 1 8 1 7 s el aBd It is safe to sav 1000 ear. will be moved by the time the season closes. The home consumption is about 500 cars of Ore gon potatoes annually. . There are now in the state 500 cars of potatoes, the smallest quantity left at this date In many years. Of these 500 cars, 200 will be required at home, which will leave 300 cars to dis pose of during the remainder of the sea son. As It win be two and a half months yet before new potatoes are In market In quantity It is safe to say the Oregon sur plus will be entirely exhausted." OLD-CLIP MOHAIR Is OFFERED. Last Tear's Product Now Finds a Good Market. Mohair is coming forward freely and lo cal and country buyers are taking on con siderable quantities, paying 23 23 cents. A feature of the 'market i. .v. , amount of last year's clip that is being lor If well kept It brings the me wr.ee as tne new clip. This old hair was taken off the niriiu i.. ., prices began to slump. The market a vear ago opened at 25 cents, ut soon started downward and went to 18 cents before the bottom was reached. When nri,... . many growers refused to sell, but as prices moa now. they are disposing of their holdings. The largest single lot of 190S mohair unsold amounts to about 9000 pounds. RUMORS OF POOLS Interest Shown in a Few Low Grade Stocks. COPPERS ARE STRONGER Good Movement in Eggs. Although receipts of eggs were liberal yesterday the shipping demand took up all that were not used locally, and there was no surplus available for storing. Prices were unchanged. Poultry was in" light supply and with a good demand; prices were firm. Butter cleaned up well and the market was steady. There Is aome talk of a pos sible decline next weak. Last Lot of Canby Hops Sold. i.AiNBTi ?" March 26 (Special.) The last lot of hops remaining In th hands of growers in this district, that of J H Vlck 88 bales, has-been sold and was shipped today. This cleans up the Canby district, not a bale remaining. Herren & Company were the purchasers at 7i cents. Bank Clearings. Clearings of the Northwestern cities yes terday were as follows: Clearings. Balances. 843,3:)8 s 48.3SK) 1,381.317 190.OK7 71H.S18 40,876 - 922,827 117.5S1 PORTLAND MARKETS. Portland Seattle Tacoma Spokane INQUIRY FOB OLD HOPS. Business Also Reported in Lost Year's Crop New California Acreage. After being neglected for several weeks, old hops are again In demand. Several dealers were looking for l07s yesterday and an offer of 4H cents was made for oae lot. Julius Plncus bought 110 bales of 1908 hqe from J. S. Cooper, of .Albany, at 74 cents. They graded as choice. The Vick lot of 88 bales, at Canby. was bought by E. C. Herren at TVi cents. A. J. Ray & Son bought 189 bales at Ti cents. j A shipment of 75.000 hop roots from Salem to California has been made by Charles Lrvesley. They are going to a large Cali fornia grower and will be set out In new acreage. English market conditions were reported by the Kentish Observer of March 11 as fol lows: in spite of the very unfavorable weath er, the demand for useful brewing hops continues, and prices for the pick are hard er. The bulk of the English hops now on the market Is very low In color and much of It diseased. Continental markets . are very Inactive, with unaltered quotations. American hops are not selling freely here, prices for best qualities being too high." English trade reports bearing dates of March 8 to 10 say In part: Wild. Neame & Co.. London. The severe weather of the past week has undoubtedly hart an adverse effect on our market, where business Is still confined to narrow limits, and values continue In buyers- favor. 4 W. H. h. Le May. Undon. There Is a little more doing. Low-priced English hops are being taken for consumption, and there Is some inquiry for the beat qualities prices for which show some hardening, fine hop. being in a very small compass. Manger & Henley, London. The tfado h"A to 'c,ntend with adverse weather conditions, which have interfered with busi ness. Prices remain unaltered J. H. Meredith & Co., Worcester. The market remain, without alteration, trans action, bring of a hand-to-mouth descrlp J.ri'i.. "heVhy m'dlum lua'ttle. make late Zl '.. A 'r' "tract no attention, even at the extremely reduced rates hold- '"" """ " ""her than incur further warehousing expenses. CARLOAD OF FLORIDA TOMATOES. First Full Car Ever Brought to Portland From That State. The first carload of Florida tomatoes ever brought to Portland was received yesterday afternoon. They were put on sale at S3 50 per crate of six baskets and were in fine condition. The supply of asparagus, was small and prices were firm. Rhubarb and spinach were weak. The street was heavily stocked with hothouse lettuce, which was slow sale at 1.S0 for the best, and some lots were sold under I. Other vegetable. were about steady. Five cars of bananas are due today. They were reported in transit yesterday as green. A car of oranges was received In the fore noon, f ALL POTATOES WILL BE IS ED. Only 300 Cars Left to Ship and Ten Weeks of Season Remain. Vntrt the potato situation at San Fran cisco clears, which may be soon, buying at this end will be light. The Southern mar ket now Is overloaded with river stock, which is being pressed for sale In order to clean op. As soon as there is Improve ment in California, shipments from Oregon will be resumed. MrKlnley Mitchell estimate, that about 300 car. of Oregon potatoes are still avail, able for shipment' out of the state. He said yesterday: "Oregon thl. year raised about 3 500 cars of potatoes, or 75 per cent of a normal crap Shipments to date have been 700 cars s Vegetables and Fruit. hofR?,SH FRU1T8 Apples. 65c2.50 per PO'Aa',vfBrpe a Per barrel P" h.Lr0ljS buying price. I1.401.50 per poSn5 di "We" "0""". SViellio ptr ..?CK VEGETABLES Turnips, 11 per I? "1- : Parsnips. 1.50; beets! 'J5,vJ?,or'eradl8h' 100 Per pound. """ TROPICAL FRUITS oranges, nave!,. S'J 4 "SfiMi V 1m0M- 1.754; srape fruit. 11 y'' per ,box; bananas. 5ti4i6c per hundredNS0reSOn- bu"n Prl. l-75 per VEGETABLES Artichokes. 7590o doz SabhaU.U3e'1.21Vic per P"nd; beans. Mc; 12 50aS.?.,;8'3!?J!,-per Pound; caullriower. W.60, celery, J4.75 per crate- cucum- tVSa per dozen lettuc - not house. J1.50 per box; lettuce, head. 853 ner tSmsVZIf.lo0" 'P'"c- Grain. Flour, Feed. Etc. eiH,ET7Track Pr'c: Bluestem milling iLiiYi&l-2li cl,ub- llui red RusslanTtl.OS vi o.mi 1Llppir'B- l lH; Valley. ,1 10. .'LOU Patents. Jo.es per oar-nil-straights. 54.05: exports. 54.10; vllley tlo Kraham. 4a, ts.zu; whoie wneat. quarters. O-fTS No. 1 white. 0 per ton. mi,VLSTU.ffS BrHn- 2"8.BU per toal nfilnc'',!,3;.,,hort-'' 2S4foO; chop. 202; rolled barley, 3132.50 ""-. g-MS?-Feed- 31 P 'on. aA1 Timothy. Willamette Valley, 11301S E.,r. ,on,i fiaste.r.n. r,,en. g!618; clover, iia lsVaLtalfa- 1-5015; .grain hay. 513914; cheat. $ia.3014.50: vetch. 13.6O14.60. Dairy and Country Produce. BUTTER City creamery. extras. 34c fancy outside creamery, 32S34c per lb -".-alifornia. :)232c; store, is20c. (But ter fat prices average 1 cents per pound under regular butter prices.) EGGS Oregon ranch, 2021o per dozen. r-OULTRI Hens 1 c 1 j. - H-,t,-. ., . 25c; fryers, 18& 20c; roosMrs." old. ioffi'llc young. 1415c; ducks. 2022t4c: geeseTlOo: turkeys IS 19C; squabs, 12.308 3 per dozen! CHfc.ESlj. Fancy cream twins. lTifSiTiL per lb.; full cream triplets, 17S17'Ac; full cream. Young America. lS18ViC. v i,AL Extras, 10llo per pound; ordi nary. 78c; heavy. 60. .RK Fancy' SH10o per lb.; large. Groceries, Dried Fruits. Etc. DRIED FRUITS Apples. BVio per lb.; peaches. 78c; prunes. Italians. 6-i6o; prunes, French, 4So; currants, unwashed, ca.es 9 He; currants, washed, cases, 10c: figs, white fancy, oO-lb. boxes, 6J4c; dates. 1 W 7ViC. ,EALiiON Columbia River, 1-pound talis, 52 per dozen; 2-pound talis. $2.95: 1-pound flat.. S3. 10: Alaska pink. 1-pound tails, 95c; d. 1-Pound tall.. S1.43: aockeyes, 1-pound COFFEE Mocha. 2128c; Java, ordinary, liO20c; Costa Rica, fancy, 18(&20c; good. 10a18c: ordinary. 12&liic per pound NUTS Walnuts, 12 iff 13a per pound by jack; Brazil nut.. 16c: filberts. 15c; pecans. 7c; almonds, 1314c: chestnuts. Itallan. 11c; peanuts, raw. oJ&4y6c; pinenuts, 106 12c; hickory nuts, lv)u; cocoanu'-s. 0c per dozen. SUGAR Granulated. 5.90; extra C. $5.40 golden C, J6.30; fruit and berry sugar. $6.90; plain bag. 55.70; beet granulated. 5.70; cubes tbarrel). $6.30; powdered (barrel), 56.15. Terms: On remittance, within 15 days, deduct o per pound; If later than 15 days and within 30 days, deduct He per pound. Mapie sugar. i5(tjrlSc per pound. HALT Granulated. S13 per ton. (1 90 ner bale: half ground. 100s. S7.50 per ton; 60s. 58 per ton. BEANS Small white. 614c: large white, fc: Lime.. 6c; pink. 5-Stic; bayou. 4e; Mex ican red. 6c. Pro visions. BACON' Fancy. 21c per pound; standard, strips' 13c CC' 16V":; - -Snglish. 15!SH6c; DRY SALT CURED Regular short clears, dry salt. 12Vc; smoked. 13V,c; short clear backs, heavy dry salted, 12 lie; smoked. liVic; Oregon exports, dry salt. 13 'Ac: smoked. 11 ,c. ' HAMS 10 to 13 lb... lji,4cr14 to 16 lb... "iic; 18 to 20 lbs.. 13Mtc; hams, skinned, 14o; picnics. 9Vic; cottage roll, 11c; shoul ders, lie; boiled hams, 19(ji:20u; boiled picnics, 17c. LARD Kettle rendered: 10s, 14 c; 5s 14 t.c: standard pure: 10s. 13ijc; 6s, 135c. Choice: 10s. 121ic; 5s. 12c. Compound: 10s. Sic; 5s, 9c. SMOKED BEEP Beef tongues, each. 60c; dried beef sets, 17c; dried beef out sides, 16c; dried beef insides, 19c; dried beef kunckles, 18c. PICKLEO GOODS Barrels: Pigs' feet, 513; regular trrpe, SIO; honeycomb tripe, 512: pigs' tongues. $19.50. MESS MEATS Beef, specials. 12 per barrel; plate, 514 per barrel; family, $14 per barrel; pork. 520 per barrel; brisket. 522 per barrel. Hops, Wool, Hides. Etc. HOPS 1909 contracts. 10 y 1014 c pound; luos crop. 71117-c; 1UU7 crop, per 3 WOOL Eastern Or,rnn Mntr.pl. 1 1: 18c per pound; Valley, 1617c. MOHAlR-fCholce. 2o(ff23'.iC per pound. HIDES Dry hide.. No. 1. lo16ttc lb.: ory kip. No. 1, 144?15c pound: dry calf skin. 1,H1SC pound; salted hides, 99-c-eatted caltskin. 14 lac pound ; green. 10 lew. FURS No. 1 skins: Angora goat. $1 to 51.25; badger, 2650c; bear, 55620; beaver Sb.50 a 8 50; cat. wild. 60c51; cougar per fect head and claws. 53&10: fisher, dark $7.5011: pale. 54.90&7; fox. cross. S3 to J5; fox. gray. 60c to SOc: fox, red. 12 25 1 : f- silver. iJ5 to 5100: lynx. 10a lo; marten, dark. u12: mink. 75c14 50 muskrat. lOigluc: otter. $7; raccoon. 45c0 0c; sea otter. 12.50. as o size: skunks. 60&75C; civet cat. 10C15c: wolf. fSLZ coyote. 70ci 1.10; wolverine, dark. J3i5: wolverine, pale. $2,2.60. ' CASCARA BARK Per pound. 4V4c London Wool Sales. LONDON", March 28. The second series of the worvi auction sales closed today. Bidding Throughout the sales was extremely ani mated, especially on the part of the Ameri can and German" buyers. Under thle. com petition prioes gradually advanced anil at the close good merino ami cros-brede were firm an-l from 71-1 to 15 per cent higher than the January sales, while faulty and heavy grades advanced 6 per cent. Xo Additional Engagements of Gold for Export Gall and Time Loan Kates Easier Bond Market Is Firm'. th. .V C Marcn 2 The dullness of ?, "ock market was accentuated today. m,i. cnaracter of the market was but i-i, . anRed- Thre ' no inclination to sell stocks. The demand remains, however, at a very low stage. - Interest today centered chiefly In a few low-grade stocks and the movement In these had no other reason, so far as re vea ed than the suspected operations ' of pools , in the stocks. The Gould group was unevenly strong. There were continued rumors of a plan to reorganize the Mis souri Pacific finances. Atchison showed a belated benefit from the good net earn ings for February. There was reported a likelihood that the anthracite companies would discontinue mining operations on April 1 In the event of a failure to reach an i agreement with the miners by that time, rather than con tinue work pending an agreement. News of the sale of a block .of bonds by the Jones & Laughlln Steel Company gave an Impression of confidence in an early need for additional steel-producing facilities The statement that April Interest on Erie bonds would be paid by the company in stead of the purchase of the coupons by the company's bankers was taken as evidence of Erie's financial strength. There was an advancing tendency in quotations for copper, although the mar ket for that metal was said to have quieted down after the more active demand earlier in the week. ' The day passed without additional en gagements of gold for export, although foreign exchange holds near to the export level. Discounts are receding abroad and a decline in the Bank of England's of ficial discount rate Is looked for after the appearance of April settlements. Money on call today loaned below the recent privilege rate and time loana also were easier. Estimates of the currency movement Indicate that the 56.300.000 gold export, have been more than made good by the receipts on balance on the interior movement and by the gain on Subtreasury operations. Bonds wene firm. Total sales, par value, 53,652,0 00. United States bonds unchanged on call. - CLOSING STOCK QUOTATIONS, " arket because of the .ntisfmtorv AmnA Prices were quoted strong all around. The receipts were 257 cattle. 210 sheep and 59 hogs. The quotations of the Portland Livestock Exchange were as follows: CATTLE Top .teers, $5.25 g-5.50; fair to good. $4.755.00: common to medium. S3 25 4.50; cows, top, 54.25; fair to good, 53.50 4.00; common to medium, S2.503.50; calves, top. 55. 00615.50; heavy, $3,504x4.00; bulls and stags, fat, 53.00 3.50; common. 52.00 2.75. HOGS Best. $7.257.50: fair to good. 6.37.00; stockera, 53.503.50; China tats, $0.75. SHEEP Top wethers, 53.73; fair to good. $4.504.75; ewes, tc less on all 5raAe.:. lambs- toP- 6.506"75; fair to good. ?6.006.o0. Eastern Livestock Prices. CHICAGO. March 26. Cattle Receipts, estimated, 1000; market. strong. Beeves, 4.6o7; Texas steers, f4.44V2rn.25; Western steers, $45.5o; stockers and feeders, $3.35 5i52 ows ad heifers. 52.90(85.60; calves, $5.75ig.50. - Hogs Receipts, estimated. 13.000; market. 10c higher. LUht. $6.n.85: mixed. S6.S.V9 7.45: heavy. f6.75S7.05: rough. fa.70e90: good to choice heavy.. 6.8tn!J 8.S5; pigs, fo.50 6.50; bulk, of sales. SO.75'07.45. Sheet? Receipts, estimated, 4OO0; market, steady. Native, f 3.fioljti.25; "Western, S3.6C 5.75: yearlings, $6.157.2.'i: lambs, native. f5.758.20; Western-, 55.75ig8.2u. .OMAHA. March 26. Cattle Receipts, 1200; market, steady. Native steers. f4.50 8. i5: cows and heifers. 3.23S5.5o; Western steers, $3.50(g5.80; Texas steers. f35.10; cows and heifers. $3.S5(SH.85; canners. 52 3.25; stockers and feeders. 3fg3; calves. uuiib ana stags, .jsgo. Hogs Receipts. 7300: market. 5010c high er. Heavy, 56.70lg0.90: mixed. 56.60(36.70: light. 58.40ig6.75; pigs. $4.75(g6. Sheep Receipts. 5000; market, strong. Yearlings. 56.508-7.25: wethers. B?5.75Si.25; ewes, f4.85g5.85; lamb.. STiji'.QO. GOOD CROPS PROMISED TARIFF DISCUSSION CHECKS TRADE IX SOME LINES. EXPORTTRADEGOOD Argentine Visible Supply Much Reduced. CHICAGO MARKET BULLISH Sales. . 6.400 2,3ix 200 3O0 2,'JW Amal Copper . . . Am Car & Foun. do preferred . . . Am Cotton Oil.. Am Hd & Lt pf. Ain Ice Securl.... Am Linseed OH.. Am Locomotive... do preferred . . . Am Smelt & Ref. do preferred ... Am Sugar Ref... Am Tobacco pf.. Am Woolen Anaconda Min Co Atchison do preferred . . . Atl Coast Line... Bait & Ohio dod preferred . . . Brook Rap Tran . Canadian Pacific. Central Leather. . do. preferred ... Central of N J. . I'hes & Ohio Chicago Gt West. Chicago & X V.. C. M & St Paul.. O. c. c & st L... Colo Kuel & Iron . . Colo & Southern.. do l9t preferred. do 2d preferred. Consolidated Gas. . Corn Products ... Del & Hudson.... D & R Grande... do preferred . . . Distillers' Securl.. Erie do 1st preferred. 00 Id preferred General Electric. 1,200 t,t Nortnem pf.. Gt Northern Ore Illinois Central .. lnterborough Met. do preferred ... Int Paper do preferred Int Pump Iowa Central .... 400 K C Southern 10.5OO do preferred . . . 400 Louis & Nashville 7O0 Minn & St L... 3w High. 70?, .4914 51 401, 3014 1,900 f44 10O 114 6,400 8614 3oo 102 :5i 1.3O0 1304 1.000 931.! "966 9.900 lo4?4 SOO 104 14 200 11814 1.2UO 109 34 Low. 70 48-, 'siii 4014 31 52 114 85 102 14 130 . 94 "4214 1(13 14 103 14 1181a 109 2.600 3oO OOO . 2'0 e'doo 1.UO0 1.000 4.4(H) 1UO l.O, X 1.2U0 " 300 500 600 1.000 400 9,000 1.40O 100 4,8tPO 1,000 900 800 800 2,100 3,800 100 71. 167 29 .102 . 69 ' 179 14.- 74 33 '4 6414 si y4 78 133 14 ilV4 47 8614 as- 25X4 4014 156' " 14.114 68 144 Kl-4 40 29 46 74 130 New . York Cotton Market. NEW YORK. March 2d. Cotton closed un changed, to 3 points higher. 14.! 71 41 V4 73 14 77 127 H 4614 8X"4 70 141 31 U 13214 11214 91T4 36 36 133" 2n v& 631. 3H14 1204 12.".i, 245, 6214 41 .13 i 491 - 7114 18Hi 103 4 46 14 111 14 4314 18 4S4 791-i 14 '49' " 130 167 28 102 '6a 14 179 145 74-4 32 6314 81 78V4 132 18 176 4514 86 35 25 40 15514 142 66 a 144 1.1 3014 2914 45 7314 12914 5414 142 14 4114 77 32614 43 88 79 141 31 131 112 61 36 86 1331i 2(1 71 24 64 Vi 39 22 53 72 120 rm 62 41 33 48 71 180 103 44 111 42 1S 791 86 "4514 1304 Closing 70 49 109 32 39 31 1314 53 113 85 1021 130 95 30 42 104 104 118 10914 94 71 1671! 28 lol 235 179 145 7414 33 4 81 7814 132 18 17614 45 86 3514 25 39 V, 30 155 143 67 143 13 39 0 B0 37 29 46 74 12 54 142 70 41 73 127 46 88 7814 141 31 131 112 91 36 .10 , M. St P t S S M. 300 Missouri Pacific. 14,000 Mo, Kan & Texas. 6.700 do preferred ... 5(H) National Lead"... 100 N V Central 5.20O N T. Ont & West. 5O0 Norfolk & West. 20O North American.. 100 Northern Pacific. 3.1O0 Pacific Mall loo Pennsylvania 300 People's Gas l.loO P. C C St L... 200 Pressed Stee! Car. 500 Ry Steel Spring.. 100 Reading S7.7O0 Republic Steel ... 300 do preferred loo Ruck Island Co.. 5, 1X do preferred ... 1.100 St L & S F 2 pf. 7-K St L Southwestern 400 do preferred ... OOO Sloesi-Sheffield 2iH Southern Pacific. 14, TOO do preferred ... 10O Southern Railway. 90O do preferred ... 500 Tenn Copper . 4oo Texas & Pacific. 1.4o0 Tol. St L it West. 2.000 do preferred ... 1.300 Union Pacific .... 40.900 do preferred L' S Rubber do 1st preferred. 200 U S Steel 28.0 do preferred 50O Vtah Copper 1,200 Va-Caro Chemical do preferred Wabash 500 do preferred 15,100 Westinghouse Elec 100 Western Union 500 Wheel & L Erie Wisconsin Central. 1.20O Am Tel & Tel 3,600 . Total sales for the day, 434,100 shares. BONDS. U S Ref 2s reg 101 N T C Gen 3s 9.1 do coupon.... 101Northn Pac 3s. 74 ji'i uu 4a . . . , 101 So. Pac. 4s Building Operations Are Active. Failures i.ess in Xumber Than Last Year. NEW YORK. March 26. R. G. Dun & Co.'s weekly review of trade tomorrow will say: Favorable conditions in the crop-growing sections promise good crops. Advices from the Northwest are particularly cheerful. The tariff discussion in Congress bears heavily upon many trades and the end of the debate is variously estimated at from May 15 to July 1. Whatever progr.3ss is making in iron and steel is mostly confined to structural lines. A better inquiry Is received from the rail roads. Business in steel rails Is still lim ited, although several small contracts are noted. m an kinds of footwear is stllL. vprv .lull 1, , . . . ,., . j - awaiLiug ueveiopments, but stocks are further depleted. The recent large sales of domestic hides have caused a sharp advance in prioes. The leather trade is decidedly dull In all lines, buyers showing no disposition to operate at any price. Good Support Given by the Leading liongs Net Gains of 1-2 to 5-8 Cent Close . Is Firm. Coarse Grains Weak. CHICAGO, March 2. A dxelri.H e.nir, off in the visible supply of wheat in Argen tina and & brisk demand by ex Dorters in the Northwest created considerable bullish sentiment in the wheat market here today, final quotations showing net gains 'of ri 10 14 c. Several of the leading bulls gave the market good support from the start and this prompted buying. In the last half of the day the market de rived additional strength from talk of a lively export business. Late in the ses sion there was a decline of ,hnu 1 H n both July and (September. During the aay May ranged between 11.17 and 51.17. while July told between $1.03 and 1.04. The close was firm with May at $1.17 and July at $1.04. Corn was weak nearly all day. The close was weak at almost the lowest point at net losses of c to c. Final quo- at 6o&65c. Trade In oats was a repetition of that of the previous session. The market closed w,eBr'i,-ft net l"ea ot c to c May being at 53c and July at 40 c. Provisions were dull. The market closed higher' Prices unchanged to 12 c . The leading futures ranged as follows: WHEAT. Open. High. U-17 $1.17 104 1.04 88 .98 CORN. .67 .67 5 .66 65 .65 OATS. 54 .54 . -47 .47 -39 .39 MESS PORK. "lay 17.90 17.90 17.80 17.90 LARD. V S 3s reg . . do coupon . . . U S 4s. reg.... do coupon . . . Den. & Rio G. . 132 2014 71 24 64 38 22 5.1 14 72 120 123 24 62 4 41 33 4S 71 180 94 29 lo:H4 45 110 42 42 115 18 48 79 . 66 8 48 1. 130 102 JOL' 119 ll'nion Pac 4s.. 102 H4 14 85 120 Wis. Cen. 97 Japanese 4s. . 4s Money. Exchange. Eie. XEW YORK. March 28 Prime mercan tile paper, 34 per cent. Sterling ' exchange steady, with actual business in bankers' bills at $4.8525 4.8.-33 for 60 days and at 54. 8S for demand: commercial bills. 4.S64.86. Bar silver 50 c. Mexican dollars 44c. Government bonds Steady; railroad bonds Orvn. . , Money on call easy. 12 per cent: ruling rate, closing bid and offered st 1 per cent. Time loans soft. 60 days. 2 2 per cent; 90 days. 2j-2 per cent, and six months. 24l3 per cent. SAN FRANCISCO. March 28. Silver tars 50 c. Mexican dollars 1414 c. Drafts Sight. 4c; telegrafch. 8c. Sterling on London. 60 days. $4.88: sterling on London, sight. $4.SS. Daily Treasury Statement. WASHINGTON. March 26. Today's state ment of the Treasury balances shows: Available carti balance $132 193 290 Goid coin and bullion 42.PS5.544 Gold certificates 44.149,990 PORTLAND LIVESTOCK MARKET. Prices Current Locally on Cattle. Mheen and Hogs. ' With libera! receipts of stock vesterday a good tone was maintained In the local BUILDING OPERATIONS ARE ACTIVE Improvement in Demand for Lumber and Materials. NEW- YORK, March 28 Bradstreet'a to morrow will say: Weather, crop and Industrial reports are still Irregular with more than ordinary quiet noted in most lines. Wholesale trade feels the effect of tariff discussion and uncertainties, and while a fair business . is doing, disappointment Is expressed at the total volume of trade In the first quarter. Western trade Is relatively better than that of the East in women's apparel, but cool weather arrests expansion. In Industrial lines generally operations are quiet to dull especially In the Iron and steel trade, where prices are weaker. Wage reductions are. becoming more numer ous. The coal trade Is quiet East and West. Dullness In the bituminous trade Is affecting the earnings of coal-carrying roads. One of the best-situated industries in the country Is building, which Is reported active at nearly all points, w-lth some Improvement in demand for lumber and materials Business failures In the United States for .ue weea ending March 25 were 2226. against 224 laat week and 286 In the like week of 1908. Canadian failures for the week num ber 25, compared with 32 last week and 41 last year.- Wheat. including flour, exports from the United States and Canada for the week end ing March 25 aggregate 2.035.715 bushels. against 1,884.013 last week and 2,293.964 this ween last year. For the 39 weeks ending March 25 this year, the exports are 146,109, 277 bushels, against 166,547,052 In the like period last year. Bank Clearings. NEW TOHK, March 26. Bradstreefs bank clearings report for the week ending March 25 shows an aggregate of 2, 588. 966. SS ffSi"' '2.734.949.O00 last week and i. las, 457, 000 in the corresponding week last year. The following is a list of the New York Chicago Boston Philadelphia St. Lpuis " ........... Pittsburg Kansas City San Francisco ....... Baltimore Cincinnati Minneapolis New Orleans ........ Cleveland Detroit Omaha Louisville Milwaukee Fort Worth Los Angeles ...... . St. Paul Seattle Denver Buffalo Indianapolis Spokane. Wash. .. Providence ........... Portland. Or Richmond Albany Washington. D. C. .. St. Joseph Salt Lake City Columbus ............ Memphis Atlanta Tacoma .. ........ Oakland. Cal Sacramento Helena Houston ............ Galveston P. C. Inc. $1,539,873,000 20.8 250,235,000 11.5 142.792.000 4.0 10S.4O2.0OO 4.0 61.939,000 15.0 43.816.000 14.3 42.439.000 32.7 33,717,000 27.2 23.339.000 17.2 23.910.000 .7 16,589.000 10.2 13.812.000 7.0 15.363,000 18.8 12. OSS. 000 5.9 14.370.000 19.3 12.8SO.0O0 26.0 10.196.000 17.1 11.672.000 37.7 12.34D.OOO 35.1 9.287.000 5.4 9.395.000 31.6 8. 841.000 25.9 9.S20.0OO 12.7 6.34G.O00 11.3 7.07-9,000 35.8 6.515. 000 23.2 7.15.000 24.0 5.960.000 10.7 4.393.000 15.6 5. 934.000 15.5 6.231.000 19.0 5.990.000 32.6 5.653.000 37.8 5,259.000 5.8 4. 588. 000 13.3 5.176.000 36.9 1. 688.000 33.8 806,000 29.0 929.000 26.7 28.867.000 50.2 13,486,000 8.8 ' Increase. Metal Markets. NEW YORK. March 26. The London tin market was a shade higher, with spot quoted at 131 5s and futures at 1132 7s Od. The local market was firm at 28.50 28.87c. , Copper advanced to 58 7s 6d for spot to 57 3s 9d for futures In London. Locally the market was steady and a little higher, w-lth lake quoted at 12.75 13.O0c; elec trolytic at 12.37 g. 12.50c and casting at 12.25 12.37c. Lead was unchanged in Lor don. with the local market quiet at 3. 97 4.02 c. Spelter was lower at 21 7s 6d In the London market, but remained quiet at 4.754.77c locally. Iron advanced to 46s 4d for Cleveland warrants In the London market. Locally the iron market was quiet with a de clining tendency. Dried Fruit nt New York. XEW YORK. March 26. Evaporated ap ples, quiet and prices nominally unchanged. Fancy, 814&014c; choice. 77c: prime. 6tfz6c; common to fair. 56c. Prunes, steady, with quotations ranging from 3c to 7c for new California fruit, up to 40-SOs, and from 6c to &c for Ore gens, ranging from 4O-S0s to 20-30s. Apricots are in light supply, with choice quoted at 810c; extra chcice at 10 10c. and fancy, ll.13c. There is no quotable improvement In the local spot market in peaches: choice 6 6Uc; extra choice, 66c; fancy 7 ?8c. ' Raisins, dull and easy; loose muscatel 8 ?4c; choice to fancy seeded. 46c seedless. 3&5c: and London layers, $1.20 1.30. Wool Prices at St. Louis. ST. LOUIS, March 26. Wool Unchanged. Medium grades, combing and clothing. 20 24c; light nne. 1720c; heavy fine. l(."817c; tub-washed. 2034c. May. July. Sept. May. July. Sept. May July Sept July. Low. $117 1.03 S6 .65 .66 .53 .46 .39 17.82 17.80 Close. $117 1.04 98 .66 .65 -E .53 .46 .39 17.82 17.85 My 10.17 10.17 July 10.27 10.30 10.17 10.30 57 9-62 10.17 10.27 SHORT RIBS. May 9.40 9.40 .S5 July 9.65 9.55 9.50 Cash quotations were as follows: r iour Firm. Rye No. 2, 77 e. Barley Feed or mixing. 6263c; fair to. choice malting, 64(fti65o. Flax seed No. 1 Southwestern, $1.57; No. 1 Northwestern, J1.67. Timothy seed $3.75. Clover $8.90. Pork Mess, per barrel, $17.7017.75 Lard Per 100 pounds. $10.07. Short ribs Sides (loose). $8.75 9. 25. Sides Short, clear (boxed), $9.50(3 9.62. Grain statistics: ' Total clearances of wheat and flour were equal to 306.000 bushels. Exports for the week, as shown by Bradstreefs, were equal to 2,000,000 bushels Primary receipts were 461,000 bushels, compared with 326.000 bushels the corresponding day a vear ago. Estimated receipts for tomorrow: Wheat 91 cars; corn. 133 cars; oats, 127 cars; hogs, 12.000 head. K Receipts. Flour, barrels 27.300 Wheat, bushels 57,600 Corn, bushels .....197,500 Oats, bushels ..226,100 Rye, bushels. .... 4.000 Barley, bushels 102,000 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 ON ALLFOREIGN COUNTRIES PAYMENTS MADE BY POST TO PARTIES ABROAD WITHOUT' COST TO RECIPIENTS LUMBERMENS NATIONAL BANK Second arid Stark Streets) CAPITAL $250,000 OFFICERS. ?Ax7TENTWORTH- eent- GEO. It. M'PHERSON, Vice-President. JOHN A. KEATING. Vice-President. H. D. STORT. Cashier. ' F. A. FREEMAN, Asa't Cashier. Shipments. 25.000 44,500 270.800 168.500 2,200 43,200 Grain and Produce at New York. XEW YORK, March 28. Flour Receipts. 18.625 barrels; exports, 9100 barrels. Steady, with a better Inquiry. Wheat Receipts. 22,800 bushels: exports, 61,739 bushels. Spot, strong. No. 2 red, 1.25Mii?1.26s elevator and 1.25 f. o. b. afloat; No. 1 Northern Duluth, 1.25 f. o. b. afloat; No. 2 hard Winter, S1.24 f. o. b. afloat. On the strength of English markets today and very light Argentine and Austra lian shipments, wheat was generally firm and higher, followed by reactions near the close. Commission bouses aleo bought on bullish Western crop news, reports of light farm re serves and & large export trade. Lst prices showed to c net rise. May closed at ,1.20 and July at 1.12. Hops end Hides Dull. Wool and petroleum Steady. Grain at Ban Francisco. SAX FRANCISCO. March 26. Wheat strong, barley firm. Spot quotations: Wheat Shipping, SI. 051$ 2.02,i per cental; milling, 12-42.06 per cen tal. Barley Feed, $1.4T 4l-60 per cental; brew ing. $1.601. 55 per cental. Oats Red, 1.75g2 per cental; .white. S1.90 2 per cental. . Call board sales; Barley May. SI. 46 per cental asked, SI. 46 per cental bid; December. $1-271.4 per cental asked, SI. 27 per cental bid! Corn Lrfirge yellow, S1.67,1.76 per cen tal. -.1 THE BEST STREET INSURANCE IS THE BITULITHIC PAVEMENT It insures against dust, mud and street noises. It insures .against slipperiness and falling horses. It insures against 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. POTATO PRICES ARE GUT TWENTY-FOUR CARS REACH THE SEATTLE MARKET. Enropran Grain Markets. IX5NDON. March 26. Cargoes firmer. Walla Walla, prompt shipment, unchanged, 40s; California, prompt shipment, un changed. 40s Pd. English country markets stead v; French country markets. 50 centimes dearer. LIVERPOOL, March 26. Wheat May. 8s ad; July. 8s 4d; September, 7. HWd. Weather, fine. Wheat at Seattle. SEATTLE, Wash., March 26. No milling quotations. Exports: Wheat Bluestem, $1-3.j. red. $1.03; cinb. $1.05. Car receipts Oats, one car; barley, 1 car. Wheat at Tacoma. TACOMA. Wash," March 26. Wheat Milling, bluestem. $1.22 1.24. Exports Bluestem, $1.15; club. $1.05; red, $1.02. QUOTATIONS AT BAN FRANCISCO. Prices Paid for Produce In the Baj CltJ Markets. SAN FRANCISCO. March 26. The fol lowing prices were Quoted in the produce market today: Potatoes Oregon B urban ks. $1.60&1 85 sweets, $ 1.75p 2. Onions $1.501.75 per cental. MlIIstuiTe Bran, $28.5o30; middlings. $33.50635.50. m Vegetables Garlic, Sgl0c; ' green peas, 4 9c ; etri n g beans. nominal; aepa ragus 3 4?5c; tomatoes, 7 5c (3 $1.50; egg plant 20 U 25c. , Butter Fancy creamery, 27c; creamery seconds. 26 He; fancy dairv. 26c Poultry Roosters, old, J56; young, $9 O 12 ; broilers, small. $5ji 5.50; broilers, large, $67; fryers, $S&9; hens; $510; ducks, old. $5&6; young, $69. Cheese New, 13 & 14 He; Young Amer ica. 14(&14Uc; Eastern, 17raC. ERK Store. 22c; fancy ranch, 23e. . Wool- South Plains and San Joaquin, 8 15c; Mountain, (q 10c; Nevada, 12 15c Hay Wheat, $22.5026: wheat and oats $2l24; alfaira. $14-517.50; stock, $n.S0<l; straw, per bale, 60 Q 85c Fruits Apples, choice, $1.75; common, 60c ; bananas. $1 3.50 ; limes, $7.60 8 ; lemons, choice. $3; common. $1; oranges $1.25& 2.50; pineapples, $2 4. Receipts Flour, 4i62 quarter sacks; barley, 1390 centals: oats, 380 centals; beans. 500 sacks; potatoes 2113 sacks; bran, 805 sacks middlings. 170 sacks; hay. 611 tone; wool 157 bales; hides. 8S5. Small War Starts in the Banana Trade Iiive Poultry Coming From the EaU SEATTLE, Wash.. March 28. (Special.) Following the receipt here of 24 carloads of potatoes, commission men cut the prices from $1 to $2 all around today. Even the best stock did not command more than $34, and retailers objected to paying that price. A small war in the banana trade .has started here with the cut of a half-cent in prices the principal feature. Two houses wero selling as low as 4 cents today. The market is pretty heavily stocked with rhubarb and prices are too numerous to quote. Poultry is scarce. The first carload of live Eastern poultry is due early next month. Plans have been made to bring In more live Eastern stock this season, another firm having decided to enter that business. Cheese Is very firm. Fancy stock com mands almost any price, but good cheese is hard to find In this market at present. Two hundred boxes of apples, shipped direct from North Yakima to Victoria, were refused ' Friday at their destination and brought to Seattle, where th-ey were con demned today. Another shipment of 70 boxes of apples from up the Sound to a dealer here was also condemned. Coffee and Sugar. NEW YORK, March 2S. Coffee futures closed dull at a net advance of points. Sales. 4750 bags. Including May at 6.95 4$ 7.00c; July. 6.40c; September, 6.05c and December, 5. 85c. Spot, steady. No. 7 Rio, 8 Vic; No. 4 Santos, 9c. Mild, steady. Cordova, 9.c. Sugar Raw, firm. Fair refining, 3.4S4c; Iairy Produce In the East. CHICAGO, March 26. Butter Steady; dreameries. 11 a 2y'4c; dairies. 23 He. Eggs Steady at mark, rases included: firsts, 18 He; prime firsts, 19c. Cheese Firm; daisies. 1516c; twins. 15c; young Americas. 15c. Marriage Licenses. TROMMALD-HEGGLt'ND J". main. 24. city; A. Tro in- iald. 24. city; Amelia Hegglund, 21, city GETTM AN-SMiDT John Ottmon mi city; Mary Smidt. 20. citv. ' DtCKEXS-OASSIX Harry Dickens, 34 city; Irene Gassln, 23, city. Wedding and visiting cards. W. ?. Smith & Co., Washington bldg., 4th and Wash. BONDS iVESTHS Call or Write T.S.McGRATH Lumber Exchange PORTLAND, OREGON 'fu!faJs ttc: molaase, mar .23c. Kenned, steady. N. , 4.4 5cT No J. 4.40c; No. g. 4 5c; No. 9. 4 SOc; No' 10, 4.25c; Xo. 11, 4.20c; No. 12, 4.16c- No 13 4.10c: No. 14, 4.18c. Confectioners K. 4.25c; mould A. 4.20c; cut loaf. 5.75c: crushed, 5.65c; powdered. 5.05o; granulated. 4.95c; cubes. 5.20. New Tork President Taft has been elect ed a member "of the Legal Aid Society at his own request and will become an hon orary vice-president, with Theodore Roots S J;,, -J;"dT'w .Ca,Lnele- Joseph oio.t,, Ellhu Root and other men of prominence. A BROAD HINT To wise depositors. Bankers are mak ing; oil divestments. Why not invest your own money direct with practical SH.?0, make the banker's profit? Booklets showing: how- and why free upon request. MARK K. DAVIS, 10O4 Broadway. O.fclwnd. Cal. . TRAVELERS' GUIDE. forth QermanAloyd. Fast Express Service P'J0'1" f h'rbours;-Bremen 10 A. M. e-"eV:V:-March " Kals. Wm. II. .April 8 K..Wm.D.Gr. March 80Kronprin W.-Apr. 13 Twin-Screw Passenger Service - Bremen nirect 10 A. SI. .SrnhJor"l-5!arcn 2i(Bradenbur Apr. 3 pif,ri.edr,ch W-Apr l'Yorek........Apr. I Call at Plymouth and Cherbourg. Mediterranean Service Gibraltar Nuple. ;rnoa. Palling at 11 A. M. Barbai-ossa. March 27 P. Irene April IT K- Lulse.. ...April 101K. Albert April 2 North German Lloyd Travelers' Checks. AUSTRALIA NEW ZEAIflNn !,KW BERraT ta- I1LII LLHLH11U HITI. Delightful South. Sea Tour. jor Rest. Health and Pleasure. NEW ZEALAND. the world's wonderland. Geysers, Hot Lakes, eta. The favorite 8. Js. Mariposa, sails from San Francisco April 15, May 21. etc; connecting; at Tahiii with 1'nlon Line for Wellington N. Z. TTB ONLY PASSKNGER LINE IBOSC II. 8. XO NEW ZEALAND. Wellington and bark. W0, Tahiti and back. 125, 1st class. UNK TO HONOLULU Special round trip 110. 1st class, s. S. Alameda sails April 3. 24. May 15. etc. Address " OCEANIC LINE. 673 Market St.. San Fran, cisce. SCANDINAVIAN AMERICAN LINE lO.OOt Ton Twin-Screw Passenger Steamers Direct to Norway, Sweden and Denmark HelliB Olav... April lie. v. Tietgen. -May s Oscar II April 15 Hellig Olav. ..May 13 United States. Apr. 29Oscar II May 7 All Steamers equipped with Wireless. First cabin. 73 upward; second cabin, t.,7 50 A. E. JOHNSON & CO.. 100 Washington in o.. Minneapolis, Minn., or to Local Agents. NORTH PACIFIC S. S. CO. S. S. Geo. W. Elder Sails for Eureka, San Francisco and Los Angeles March 18, April 1st, 15th, 29th. Ticket office 132 Third street, near Alder. II. YOUNG, Agent. COOS BAY LINE The steamer BREAKWATER leaves port land every Wednesday, 8 P. M., irom A Ins worth dock, tor North Bend. Marsbileld and Coos Bay points. Freight received till 4 p M. on day ot sailing. Passenger fare, first class, S10; seooud-cTass, $7. Including berth snd meals. Inquire city ticket office. Third snd Washington streets, or Alnsworth dock. Phon. Main 288. SAN i-RANCISCO PORTLAND 8. S. CO. Only direct steamer, and daylight sailing. From Ainnworth Dock, Portland. 4PM S.S. Rose 1ty. Mar. 86, Apr. . etc Senator, Apr. 2. etc From ),ombard St.. San Frsncisco. 11 A- ML S.S. Senator. Mar. 7, Apr. 10. S.S. Rose City. Apr. 3, 17. etc J. W. Ransom, Dock Agent. Main 2S Atnsworth Dock M. X ROCHE. City Ticket Agent. 142 Sd St. Phone Main 402. A 1402.