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.