Morning Oregonian. (Portland, Or.) 1861-1937, April 03, 1909, Page 17, Image 17

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    THF. MORNING OREGON! AS". SATURDAY, A PR IT. 3. 190H.
17
CLIP IS SUPERIOR
Oregon Wool Better Than for
Several Years.
SHEARING IS UNDER WAY
out rai ling at Full Prices In the
Western States Quiet Conditions
In Local Grain Trade.
Hutter Market Weaker.
Wool dealers look for a much better clip
In Oregon this season than for several
yara. Shearing 1h now under way at Echo
and at Arlington and the results show &
better Quality and higher condition than
Inst year. The sheep cam off the Summer
range In fin condition last Fall and win
tered exceptionally well. The same favor
able reports are coming from all sections.
Aside from a small sale of shorn wool at
Kcho, no d e w business h as been reported
In this state.
Reports from various parts of the West
how rather more activity In contracting and
in ore business would have been negotiated
had not growers advanced their prices. In
Western Idaho a clip of 400.000 pounds suld
recently at 19c, and contracting In Nevada
Is reported at 17n. 174c and 18c.
Exceptionally light clips are reported to
be held at 23c In Montana, with a few
further trades at that price. But there
has been more doing at 21 H to 22c than
the higher figure. The bulk of the con
tracts, however, in Montana this season
have been made at 20 to icle and most
Authorities In close touch with the situa
tion do not place the total in excess of
14.000.000 pounds.
Including Montana, in the neighborhood
of 4o.ooo.oo0 pounds of territorial wool are
thought to be under contract. Some
people think the estimate, excessive, as
they have been offered clips within a week
which previous reports had placed In the
contract list. On the ether hand, there are
estimates of a total of 50.000.000 pounds.
A Montana lettor savs: "The wool men
of the state feel particularly jubilant over
the prices now offered for the coming
clip, some of the largest clli,s having
brought 23c. It Is generally believed that
the clip will be larger than last year, ap-af-oxlmately
40.000.000 pounds, and of a
good Quality. The outlook for the future
Is not so rosy, owing to the fact that
land values are Increasing so rapidly and
the policy of the Government In enforcing
the land laws. This greatly adds to the
cost of production."
;rain market in strong position.
Holders Demand Full Rates and Trading
Is Small.
There was a fair demand for wheat
yesterday, but holders asked full prices.
which buyers were not disposed to come up
to, and no business of consequence was
transacted. Prices of all cereals were un
changed. The weekly Argentine shipments, as ex
pected, showed a decrease of over 2.000,000
bushels froon those of the corresponding
week last year. The shipments, as re
ported by the Merchants' Exchange, were:
Argentine shipments, 4. 620.000 bushels; last
week. 2.094,000 bushels; last year, 6.640.OO0
bushels.' Australia shipments. 1,616,000
bushels; lat week. 1.416, OOO bushels; last
year. 360.000 bushels. India shipments,
8000 bushels; last week, 24,000 bushels;
last year. none.
Bid and asked prices at the Board of
Trade were as follows:
WHEAT.
Bid Asked.
.$l.lO'. $1.13
. 11- 1.14'i
April
Muy
OATS.
Arrll 1.97i 2.00
May 2.00 2.024
BARLEY.
April 1 SA X.2ii
May 1.52'fc 1.05
Receipts. In cars, were reported by the
Merchants' Kxchange as follows:
Wheat. Barley Flour. Oats. Hay.
Mar. 27-28. 11 4 35 1 9
Mar. J!. 4 2 S S 3ft
Mar. 3i. ... It) 2 8 2 11
March :1 1 ; 1 4
April . . . . S 4 7 S '2
Total laat wk 44 17 33 10 70
ENGUSU HOP TRAUK QVIET.
Supplies re LiKht and Demand Is Chiefly
for Lower Grade.
The latest English hop trade circulars re
ceived, bearing dates of March 15 to 17,
say. In part:
AVI Id. Neama Co. London There is no
alteration to report on our market; business
continues dull and values unchanged.
H. and It. I. a May. I -on don The mar
ket Is quiet and prices are nominally without
alteration: the lowest priced hops are those
chiefly Inquired for.
Manger and Henley, London There Is a
quiet consumptive trade doing; prices un
altered. Kxchange and Hop: Warehouses. London
Trade remains fairly quiet now that the
best hops are off the market, and the best
of the middle class are getting scarce. In
quiries are now chiefly for the latter at low
prices, only small lots being1' disposed of.
The better class yearlings are finding buy
era but prices for these retn&in too low for
owners to clear out.
J. H. Meredith Co.. Worcester Trade
hows no animation and Is restricted to
small sales of medium Qualities out of mer
. chants' stocks, no growers' hops having
been weighed at the public scales last
week. Values remain nominally unchanged,
but the Inferior, discolored samples are al
most entirely neglected. Owing to heavy
snowfall very little plantation work has
been possible this month.
THRKK-fEXT DROP IN BUTTKH.
Local Market Will Stand at 29 cents la Boa
Lota Today, f
The butter market Is weakening- rapidly
these days. After holding barely steady
at 32 cents for most of the week, there
will be a 3-cent decline tomorrow morning
to 29 cents. Local production Is Increasing
fat and not only is there the additional
pressure of supplies here, but also a low
market at San Francisco to compete with.
The Bay City market is on a 23-cent basis,
h.oh has given dealers of that city an op
portunity to place their goods here and In
X he Sound markets. fader the circum
stances a readjustment of local values was
necessary. u is a question mhether even
a 29-cent market can be maintained in
the coming weik.
Oregon ftii are going Into cold storage
more actively. Northern orders are still good
and between the two the market is kept
cleaned up. The general quotation yester
day was 2! cents and the tone was flrtn.
The demand tor all kinds of poultry was
strong. Receipts were light and the market
as nrm at the prices that have ruse for
several weeks.
EI.F.VFX CAKvS OF OKIONS LKFT.
light Runply and Improvement at Saa
Frandca. (wo Firmness Here. '
The stock of unsold Oregon onions has
been reduced to 11 cars, of which seven are
of ood quality and four are poor. This
HsM supply, together with some Im
provement in the San Francisco market
sLrday. created a firmer feeling here and
growers were not o r-eady to let go at the
yrice recently current.
The potato market steadv. Buvers
declined to pay over $123 far best stock
and farmers were alow to aell at this
figure.
Strawberrfe at 20 Cent.
Southern California atrawberrlea are com-lnx-
along- regularly now and are selling at
20 cents per basket. Supplies o; asparagus
were lighter yesterday and the market was
firm at 7H cents for white. Oregon spinach
wu offered at 6 cents per pound. A car of
sweet potatoes was received.
Bank Clearings.
Clearings of the Northwestern cities yes-
terday were
follow
Clearings. Balances.
SI. 213, 141 S161.
1.1143.104 ;iUb.612
421. SIS 4S.5S&
- 1,-Z,V2 UU,6ia
Portland
Seattle .
Tacomi
Spokane
PORTLAND MARKETS.
Vegetable and Fruit.
RtSH FRUITS Apples. 5cr.as per
-ox ; Malaga grapes, ly per ban w.
POTATOES Buying price, $1.25 per hun
dred; sweet potatoes. 2 V "a. 3e per pound;
new California. 7 & 8c per pound.
SACK. VEGETABLES--Turnips, $1 per
sack; 'carrots. 90c; parsnips. $1.50; beets.
a. i o, imrBeraaisn, iuc per pound.
TKOPICAL FRiriTS Oranves. nvet -s
62.75 per box: lemons, H.7,Mp4; grape fruit,
t4.2o&4.73 per box; bananas. 54ydc per
tuuuu. iiu:i;pie, Per cuiea:
tan serines si. 75 per dox.
OMO.Xd Oreeon. buvlnr nri SI TK n
hundred.
EGETABL.ES Artichokes. 65 St RR dm
asparagus, 7 V & 1 2 c per pound; beans. 2'c;
v iufeKi, o m, c par pounu ; caul) nower
$2.60; eelerj. $4.75 per crate; cucum
bers. $1,50 42.50 per dozen; lettuce, hot
house, $1.50 per box; lettuce, head. 80c per
dozen; onions. 40 50c per dozen; parsley,
85c por dozen; peas. 15c per pound: radishes,
85c per dozen; rhubarb. 5r&'6c per pound;
spinach, 6c; tomatoes, 91-3.0O.
Grain. Flour, Feed. Etc
WHEAT Track prices: Bluestem milling,
$1-221.25; club, $1.10; red Russian, $l.0b;
1 10 B"''Pm' valley.
FLOUR Patents.
I5.6R per barrel;
straights, $4.65: exports. $4.
4.10; Valley, $5 10;
gran am, .-u; whole wneat, quarter,
uatb o. 1 white. $3940 per ton.
MlLLSTUFFS Bran. 2t&2&.50 pr ton;
middlings. $33; horr. 32&f3u; chop. $20e2:
rolled barley. S3132.50.
BARLEY Peed, $31 32 'per ton.
HAY Timothy. Willamette Valley, $1301$
per ton; Eastern Oregon. $163? 18; clover. $1$
CIS: alfalfa, $14.5015; grain hay. $13914;
CO eat. S12.5014.50; vetch, $13.50914.50.
Dairy and Country Prod ace.
BUTTER Cltv creamery. extras. 20c!
fancy outside creamery. 27 i 29c per lb.;
Btore, iBa.iuc. (.Butter tat prices average
IS. cents per pound under regular butter
prices.)
EGGS Oregon ranch. 21c per dozen.
lOL'LTRk" Hens. lCfilfic; broilers. ?4
26c; fryers. 13&20c; roosters, old. 10llc;
young, 1415c; ducks, 20&22Vic; geese, loo;
turkeys, 18ftl9c: sauabs. S2.50a3 ner dozen.
CHEESE Fancy cream twins. 17 17 So
per 10. ; run cream triplets. 17 (Jf 17 xuli
cream. Young America, 13 18 c
VEAL Extras, lOifioc per pound: ordi
nary. 7 a 8c ; heavy. Be
PORK Fancy. U 9 S c per lb. ; large.
Groceries. Dried Fruits. Etc.
DRIED FRUITS Apples. 8c per lb.;
peaches. 7 4. 4 8c: prunes. Italians. fiuiUo
(.runes, French. 4fOc; currants, unwashed,
cases, Hc; currant, washed, cases, lOo;
figs, white fancy. 50-lb. boxes, OVtC, datsa.
I W aP 7 Vi o.
SALMON Colitmhl Plmr. ..nr.,.
$2 per dozen; 2-pound tails, $2-95; 1-pound
Oaia, fa. 10; Alaska pink. 1-pound tails, 950,
rcu. i-puuna tans. i. 40;
sockcyea, 1-pound
COFFEE Mocha. 24 02SC: Java, ordlnarv.
17&20c; Costa Rica, fancy, 13920c; good,
16. Sc; ordinary. 12. tilde sr nound.
NUTS Walnuts. 12U3o per pound by
sack; Brazil nuts. 16c: filberts. 15c; pecans,
7c; almonds. 13 Q 14c; cnestnuta. Italian
11c; peanuts, raw. gto; plnenuts. lOtj
12c; hickory nuts. 10c; cocoanuia, 0o per
nuitn.
SUGAR Granulated, $6.05; ctra C. $5.53
golden C. $5.45: fruit and berrv suirar. SA 05
plain bag. $5. HO; beet granulated, 5.85;
cubes (barrel). 16.45: Dowdered ( barren.
10.30. Terms: On remittances within 15
days, deduct fc per pound; If later than 15
days and within SO days, deduct Ho par
tfuuiju. su(nr. iuc per pouna.
ursnuiaiea. sis ner ton. si. so psr
bale; half ground. 100a. $7.60 per ton; 60s,
a tun.
BEANS Small white. e; large white,
BUc; Lima, Ic; pink, c; bayou. 4a: Mex
ican red. &c
lro visions.
BACON Fancy, 21 He per pound;- stan-
ah-. -un;e, ic; jngiisn, x y a it 1 e;
strips. 13 fee
DRY SALT rilHRn Rad-uIo. mUt- iM
dry salt. 12fec; smoked, 13fec; short clear
un.K, iwavy ary saitea, i:ic; smoked,
13,c; Oregon exports, dry salt, Igfec;
ham's 10 to IS lbs., 14c: 14 to 1 lbs.
14c; 18 to 20 lbs., 14c; hams, skinned,
14c; picnics. 9fec; cottage roll, lie; shoul-
utsiH, iic; Douea nams. laiifsoc; boiled
picnics, 17c.
LARD Kettle rendered: 10s, H e; 6s,
14mc; standard pure: 10s, 13fec; os, 13 Ho.
Choice : 10s, lc; 5s. 12 c Compound:
1U8. c; os. ac.
SMOKED BEEP Beef tongues. each.
60c; dried beef sets. 17c; dried beef out
sides, 16c; dried beef in sides, 19c; drbed
peer auncKies, isc.
PlCKLiSO GOODS Barrels: Pigs' feet.
$18; regular trips, $10; honeycomb tripe.
vi , pig' tongues, siu.au.
MESS MEATS Beef, specials, $12 n
barrel; plate. $14 per barrel; family, $14
per barrel;. pork, $20 per barrel; brisket $22
jjci Dirrei.
Hops, W'ouit Hides, Etc.
HOPS 1009 contracts, l0c per pound;
190& crop. 7 7 fee; 1907 crop, 3i& 4fec; 1906
crop. lfe3c.
WOOL Eastern Oregon, contracts. 16$p
18c per pound; Valley, 16 & 17c
MOHAIR Choice. 23&23 Vrc per pound
roniana.
HIDES pry hides. No. 1. 16 16 fee Ib-i
uijr Kip. i-sv. x, pouna; ary call-
sktn. lTfelSc pound; salted hides, 99fec"
eat ted calfskin. 14i15c pound; green, le
less.
FURS N'o. 1 skins: Aigora goat. $1 to
$1.2&: badger. 3550c; bear, t3!0; beaver,
$S.50(ffS.50: cat, wild, 60cg$l; cougar, per-
itvau iiu caws. o iu ; nsner. dark.
J7. 5011; pale, $4 907; fox. cross. $3
co a; 101. gray, sue to 80c; fox, red. $3.25
to $4: for. silver, $35 to $100; lynx. 310
aw. n . leu. m., 90&iJi mine, iocr4.&o
music rat, I0o15c; otter. 37 ; raccoon. 46c &
60c; sea otter, 13.5u, as o size; skunks.
ioti civt cai, luyic; woir, 23
coyote, ?0c fc? 1.10 ; wolverine, dark. $3 & &
wolverine, pale. 35 2.50.
CASCARA BARK. Per pound, 4 fee
Dried Fruit at New York.
NEW YORK. April 2. The market for
evaporated apples Is very quiet with fancy
prime. 6CCfec; common to fair. 5fctSc.
Prunes, of both the large and smaller
sizes, are scarce, but the Intermediate sizes
are in plentiful supply and somewhat un
settled. Quotations range from 3?c to
4 mc ior new crop California fruit, np to
40 -50s, -and from 6fec to c for Ore cons,
40-5os to 20-30s.
Apricots are firm, with choice quoted at
s ivc; extra cnoice, 10fa loxc; fancy
11 fe la 13c.
Peaches are unchanged with choice,
'y: extra choice. tifeGc; fancy, 7
Kalins are quiet, with loose muscatels
quoted at 3fe3fec; choice to fancy seeded
at 56Hc; seedless, 35fec: London
layers, $1.20 1.U0.
Ialry Produce In the Et.
CHICAGO. April 3. Butter Steadv.
Creameries. :3S29c; dairies, 20
Eggs Steady. Firsts. 19c; prim firsts.
Cheese Firm. Daisies, 15 16c; twins,
15c; young Americas. 15c.
NEW YORK. April I Butter Weak.
Creamery specials. 30c; official price. Joe
thirds to firsts, 21 'i 2Sc.
Ormeese Firm, unchanged.
Eggs Firm. Western firsts, 20J0o.
New York cotton Maxkesj.
NEW YORK, April 2. Cotton closed
steady at a net advance of 1-Sf4 points.
Marrtag License,.
TATES-JfRGERSOX Russell o. Yates,
19. Sherwood: Catherine Jurgerson. 20. city.
PETTIPiECE-KlIfHEX William 'Cham
berlain Pettiplece. 27; Revelstoke. B. C. ;
Jennie Mable Kitchen. 27. cltv.
MAL1A-CLARK Edward J. Malta. 23.
city; Clara, Clark. 20. city.
W,ddlng and visiting cards, w. O. Smith,
ft Co., Washington bldg.. 4th and Wash.
Artie lr of Incorporation.
THE LEE-BOWDLER COMPANY Incor
porators. M. T. I-ee. R. H. Rowdier and H.
A. Odeklrk; capitalisation. $lvoo
NEW ERA USD ft INVESTMENT COM
PANY lncorpors lors. Charlotte MeMonles.
Rosa Saunders and Minnie J. Waseermaa;
capitalisation. Kio.ttoo.
Frank I.e.. in a railroad station at Si-ran-ton.
Pa.. atwnit to start ay. asked a stran
ger for a match. Something in the man's
fat-, attracted him. and on inquiring his
nsme discovered lie was his brother Will
lam, a horn he had not seen in GO vears.
BEARS IN CONTROL
Bring to an End Advance in
Stock Prices. '
MARKET LACKS SUPPORT
Ifarriman Interviews Again Play an
I mporta nt Part i n Direct i ng
Speculative Sentiment.
Bonds Irregular.
NEW TORK. April 2. The bears aot the
upper hand today in the contest which has
w aged on each successive day th is week i n
the etock market. The professional tradina
element on the floor of the Stock Exchange
as neen distrustful of the rise in prices and
ae "felt for the top" constantly by nuttine
out short contracts. . Previous to today thev
have been forced to cover shorts later at a
losa. driven la by the substantial resistance
of the market to depression.
The trend of the market was not determined
until after the first hour, the absorption
power being still manifest at that time, when
the, large eellinc orders seemed to. be met
by almost equally heavy buying. After a
period of quietude the market began to re
cede on comparatively light transactions, thus
uemonsrrating the withdrawal of support.
ine mtervKw of E. H. Harriman with the
newspaper men yesterday deprived the bulls
of some of the ammunition they have relied
on, by the frankneew of some of his admis
sion-. Rather definite assertions were In cir
culation yesterday, which persisted in Lon
don this morning, that an advance in the
L'nion Pacific dividend to 12 per cent had
been determined on and in Southern Pacific
to 7 per cent. Mr. Harriman s flat asser
tion that nc; dividend increases were in con
templation in either case took away this
motive for buying the stocks at advancing
prices
Some influence was felt also from a rumor
of a serious attack of the King of Engiand,
wnicn naa caused some weakness of securi
ties before it was authoritatively contra
dicted by the advices of the Associated Press.
Considerable importance attaches, from a
BYeculatlvs standpoint, to the reconvening
of the Supreme Court on Monday next, in
view of the pending decision on the Hep
burn law commodities clause test case. Pro
fessions of confidence heard in the neighbor
hood of the stock exchange for several days
that this decision would not affect stocks,
whatever it might be, subsided today with
the approach of the session of the court.
Large influence was accorded this factor in
the latter break.
.ounas were irregular. Total sales, par
vaiue. so.330,ooo. United States bonds were
unchanged on call.
C LOS IN GSTOCK QUOTATIONS.
Closing
High. Low. Bid.
Sales.
Amal Copper .... ao.700
Am Car & Foun. 2,tK
do preferred
Am Cotton OH... 1,500
Am Hi & L.t pf. 100
Am ilee Securi.. 218uo
7tt
7414 ' 714
4Ts
11014
62 Vi
B3"4
37
o-Vi
3
30
Am jinseea Ull.
Am Locomotive. .
do preferred . .
WX 84 1, 53 "i
00 114-J, 114-fe
1141,
88 V,
Am Smelt & Rsf. 2o.j0
86 U
do prererred ...
Am Sugar Ref...
Am Tooacco pf..
1.100 104
J04
103
500 132 V. 131U 131
1.O0O 8Sti 95 H514
Am Woolen .... 40O
i 33 32
Anaconda. Min Co 2.300
44
AICO190H ........
do preferred . .
Atl Coast Line..
13.700 107 5i
ItKi'.i
I04
loB
103 "r,
121 Vi
HI'S,
IH
74 V4
174
-1UO 1U4
40O 122 V,
121H
Bait 4k Ohio
10.00O 113! llli.
do preferred ... 5,100
Brook Rap Tran. 12.50O
4V.
T4H
174-,
101
Canadian Pacific. 6.3O0 17A
central Leather... 400
2i
28 V4
do preferred
300 lot 14
Central of X J..
Ches oc Ohio 20,300
Chicago Gt West. two
71
6U74
5 .
181 i
o;i
5i
a
Chicago & N Y.. 2uo IRi'.
181
C, M & St Paul.. 24.700 150,
148 148
C. C, C & St L...
t'olo Fuel & Iron.
Colo & Southern,
do let preferred ,
lo 2d preferred.
Consolidated Gas. .
om Products . . .
el & Hudson...
1.40O
3i '0
200
3i
64
35 Vt
04
81 i
35 54
64
81
210
7t
7 t
4.6O0 1384 1S614 136
6.10O 19
is1 IS
40O 17814
1 ' '
47 V4
87
35i
28
177
47H
87l.i
1 & ft Orande... 12.500
do preferred . . . 1.4'0
Ditstlllers Securi.. 1,300
irie 11,100
do Isn preferred . a, 500
do 2d preferred. tVK
8S
84
2tt
45
35 .
44 44
34 Hk 34
ueneral Electric. TOO- 15"ii
Gt Xorthern pf... 20.5UO 14" H
Gt Northern Ore.. ll.9iX .
157 1564
1454 140
Illinois Central 2,100 1465 145 145 u
00 OS
A t"., "I
4314 39
2
Int Paper ......
do prererred ...
Int Pump 60O
Iowa Central OOO
K C Southern .. 7. OOO
do preferred t Add
52
38
37
20
45 "4
72H.
37
4tt
73
2
Iouls & Nashville 2.300 1354
Minn ft St L
133 Vi 133
54
144
M. St P ft S S M. 1.0OO 145 14414
Missouri Pacific... - S.SOO 73'X 72'
fn Van A. Tat- ) . .. , . . . . .
Tl
42
41
do preferred ... ......
Xatlonal Lead ... 3.800
41
T2
82
81
12!
46
90
79
143
81
X Y Central 16,300 131
N" T-. Ont & West. 1.200 4714
Norfolk ft West. 2.000 fc2
North American.. 80O 81
Northern Pacific. . 45,800 145 it
Pacific Mail ' .
12
Kit,
79
144
Penns-rvanla 12.70O 135t;
32
134
V
134
feople s tias 3.000
P. O C ft St I 8,000
H41J,
113ti 113
v-:, i
J rf veo tsteel car
Pullman Pal Car l.OOO 174
Ry Steel Spring.. t.OOO 3u
38
172
173
39
Reading :121,3X 136T4 134 134
do preferred 44M 1 u. ta
"3
Rock Island Co.. 1.800 24
do preferred 4.70O 64
St L & S P 2 pf. 300 39
St L Soutliwestern . . . . . . .....
do preferred ... 30O 56
Ploss-ShefTield .... 700 74
Southern Pacific. 34,7M 122
do preferred ... 300 325
24
64
38
64
38
23
55
55
12?
125
25
63
40
33
51
70
185
124
Southern Railway. 2,200 26
25
63
do preferred
-.iuo
l.StK
2.0O
1.300
65
Tenn Copper ....
Texas ft Pacific. .
Tol. St 1. ft West,
do preferred ...
34
52
33
51
OOO
i L
68
185
84
30V,
Union Paclfio ...111,800 187
do preferred
TJ S Rubber l.OOO 31
do 1st preferred. l,2oo 104
V S Steel 131.9O0 81
do preferred ... 6.80O 113
Vtah Cojiper . 4K 43
Va-Caro Chemical. 3.000 45
do n referred
31
1W 78 JO
49 49
113
43
43
18
46
81
"io
113
43
43
114
aoaah
SCO
2.800
1,000
"'600
18
48
S1T4
"lOT,
18
do preferred
Westinghouse Elec
Western Union
Wheel ft L Erie..
Wisconsin Central.
Am Tel ft Tel....
eo
66
10
5TO
S.30O 131 lao'i 130
aulm .Me. iot in oay. vH,iw snares.
BONDS.
NEW YORK. April 2. Closing Quotations
U. S. ref. 2s reg.l01!N Y C Q 3s.. B3
do coupon. .101!North Pacific 3a. 74
U. S. Ss reg 101 North Pacific 48.103
do coupon. .. .101 Pnion Pacific 4s.l06&
V S new 4s reg.119 IWlscon Cent 4s 94
D ft R G 4a. '. 97 l
Stock, at Ixndoa.
LONDON. April 2. Consols for
84; for account. 84.
anaconda 9 IN Y Central..,
Atchison 110 Norflk ft West
money
.134
.94
" " pra iwoi oo pref
Bait ft Ohio
-115JOnt ft West..
.179 Pennsylvania
- 72 Rand Mines.. I
5'Reading
.15HH ISoutbern Ry..
. 13VI do pref......
- 49 l-?outh Pacific. .
. t'O'iCnion Pacific.
- 2 do pref
Can Pacific. .
Ches ft Ohio.
Chi Grt West
C. M. ft S. p.
De Beers
D ft R G
do pref. . . .
Erie
do 1st pf..
do 2d pf . .
Grand Trunk
111 Central...
1. ft N
Mo K ft T. .
.. 48
.. 8
2
. 67
.124
.191
. . MS
It. steel
51
36
do pref. .
. . 20 t: 'Wabash
..IIS
. . 19
-.150: do pref
. .138 'Spanish 4s...
-- 43:Amal Copper.
. . 49
.. 72
Money Exchange. Etc
cn iiMv. jipru 2. prime msrcantll,
paper closed at 3 4 4 per cent.
sterling exchange firm, with actual busi
?t; inwbnrs" bills at 4 86e4.S7 for
0-dsy bills and at S4.S765 for demand.
Pa' silver 5oc
-Mexican dollars 44c.
tJoremment bonds steady; railroad bonds
irregular. ff
Money on call Steady. Offered at I per
Ci?nt: clos'ng bid. 1 per cent.
Time loans Very weak and dull; 0 dav,,
ife per cent;
six monttis, 3 per cent.
LONDON. April 2. Bar silver Stesdy.
2 3 S d per ounce.
M oney 1 fe f 2 per cent.
The rat of discount in the open market
for short bills is 1 -16ilfe per cent; three
months bills. 19-16clfe per cent
SAN FRANCISCO. April 2. Silver bars
50ic.
Mexican dollars 45c.
Drafts Sight, 2c ; telegraph. 4c
Sterling on London 60 days, $4.S6? ;
sight, $4.87.
Dally Treasury- Statement.
WASHIN'GTOX. April 2. Today's state
ment of the Treasury balances in the gen
eral fund, shows:
Available cash balance $133. S03.414
Ooid coin and bullion , 42.397.S2S
Gold certificates 47,893.980
Wool at St. Louts.
ST. LOUIS. April 2. Wool Unchanged:
territory and Western mediums. IS 23c;
fine mediums, 1720c; fine, 11 (3 17c.
Hops at London.
LIVERPOOL. April 2. Hops in London,
Pacific Coast. fS-g."!.
APPLE SUPPLY SMALL
BUT MARKET IS A DRAGGING
OXE AT SEATTLE.
Trainload of Potatoes May Be
Brought From Minnesota.
Storing- of Eggs..
SEATTLE, Wash.. April 2. (SDecial.l
Tbe appla market Is dragging, and whlla
prices are no lower, stock, are not cleaning
up satisfactorily. Stocks of apple, are not
heavy either her, or In Eatem Washington,
according to reports received from the coun
try. The large stacks are beld principally
Dy oast dealers. Only three or four varie
ties command the top price of $3.
f otatoe were easy. A report wsi circu
lated, on the street today that a pool had been
organized to bring In a trainload of potatoes
rrom .Minnesota, a, was done two year, ago.
when supplies were short. The top here now
37, wltn the low mark at $28.-,
rtatlve rhubarb i, stacking up and dealer.
are quoting a variety of prlcea.
A car of Eastern eggs arrived Today. An
average" of a car a day of local eggs is
going into storage. Prices are unchanged.
Instead of organizing a new buttar ex
change, an attempt will be made to change
the rules of the present organization so that
only Dona fide butter-makers can set the but-
ter market. Seattle creamery men will cut
their prices on Monday.
The orange market is firmer, but not
higher yet.
QUOTATIONS AT SAN FRANCISCO.
Price, Paid for Produce In the Bay Cits
Markets.
SAN" FRANCISCO. Anril S Th. fal
lowing prices were Quoted in the nrodnce
111". .' V, L LUUUI.
Potatoes Oregon- Burbanks. S1.40al.7K:
Salinas Burbanks, $1.601.85; sweets. 91.75
Onions $1.50(92 per cental. .
MlllStUffe firSU. S2R.Mt(i;.CO mMllp.
133.50fi35.50.
Vegetables Garlic, 9(g) 10c: green peas, 4
7c; string beans, nominal; asparagus. 2
4c; tomatoes, 75c $1.25; egg-plant, 20 &
25c.
umter f ancy creamery, 25c; creamery
etuuiuf, ic, xancy aairy, Z3C
Poultry Roosters, old, $56; young, $9 9
, otwue, ujimi, fdvo.ou; oroiers, large,
$67; fryers, $89; hens; $510; ducks,
old, 56; young, $6(9.
Cheese New. 13fel4c; Young Ameri
ca. 14&15c; Eastern, 17c.
Eggs store. 22c: fancv ranch. 2Xi4e
Wool South Plains and San Joaauin.
815c; Mountain. 610c; Nevada, 1215c.
May wneat, s l.&u tr 25 ; wheat ana oats,
2124; alfalfa. S1417.50; stock, $11.5016
straw, per bale. 6041-85c
Fruits Apples, choice. $1.75; common,
60c; bananas, S1G23.50: iimes. SS.506'9: lem
ons, choice, $3; commons. $1; oranges, $1.25
tij2.50; pineapples, $2'i4.
Receipts Flour, 6052 sacks; barley. 1660
centals; oeans, ouu sacKs; potatoes, 1585
sacKs; oran, xaa sacKs; miaanngs, 2U sacks
hay, 193 tons; wool. 193 bales; hides, 480.
PORTLAND LIVESTOCK MARKET.
Price, Current Xucally on Cattle, Sheep and
Hogs.
There were no receipts of livestock ves-
terday, but fairly large shipments are ex
pected today, and with some stock still on
hand to work upon, conditions In the mar-
ket were not changed. The tone of the
cattle market Is slow, as there ia but little
demand from packers. Hogs have a firm
undertone and sheep are steady. A ship
ment of Nebraska hogs Is expected in the
next lew aays.
Recent representative sales were 15:
hogs, average 183 pounds, at $5.35; 17
China fats, 113 pounds, $6.75; 5 stock hogs.
aoa pounds, xo.oo: 10 hoars. ru s
141 pounds. $5; 27 cattle. 1060 pounds.
$5.10; 23 cattle. 1144 pounds. $4.00; 56 cat
tle, 1116 pounds, to-loT 19 steers. 107O
pounds- $5.2o; 4 steers. 910 pounds. $.";; 1
bull. 9SO poundB. $2.75 2 bulls. 1200 pounds,
$3.50; 55 hogs. 209 pounds, $7.25; 33 sheep,
80 pounds, $6.50; 9 stock hegs, 66 pounds,
$6.25.
Prices quoted at the . yrds yesterday
were:
CATTLE Top steers. $5.255.50; fair to
good. $4.75(5.00; common to medium, $3.25
04:50; cows. top'. $4.25; fair to good. $3.50
ii.w, cumuion to nieaium. 52.00(0' 3.50 ;
calves, top, $5.00 5.50; heavy, $3.504.00;
ouiis ana stags. lat, x3.ooo- 3.0O; common,
HOGS Best. S7.25(37.K0; fnfr to
$6.75 T.00; atockers, $5.50(0-6.50; China
fats, $6.75.
SHEEP Top wethers. IS 5.75; fair to
good. $4.50(3 4 75; ewes, c less on all
grades; yearlings, top. $6.236.50; fair to
,uuu, ,o.uv(ro.2o; epring lambs, $9lo.
Eastern Livestock Markets.
OMAHA. April 2. Cattle Receipts. 4 on
Tnaraei, strong. , estern eteers. $3.5orS5.
JJ'rs. $2.2oas4.50: stockera and feeders, $.1
" - , fvii.ou; ouiut and stag
Hogs Receipt, 6200; market, eteadv
tin u i-i- t4 TKi&it 1 , , . i . , . .. .. . -
$6.506.80; pigs, $4.505.75; bulk of saiea
Sleep Receipts. 0000: .market. steady
" j. if ; J, Mi us, i . iO ffO..
KANSAS CITT Anril 5 r.tt1 Ttm.
10U0; market, steady. Native steers.
o.80: native cows and helfer 2.754i-tt;
stockera and feeder x7Sfri .- ku. n u.-.
-5; calves. $3.75($?7.00; Western iteera, 4.&0i
Hogs Receipts, 700O; market, .strong- to 5c
higher. Bulk of sales. $3.657;-' heavy. f6.90
js. iiavftu auu uuicnors, ; plga.
Sheeo RecelDtSL SOOO: mark-i trnn o- hm
tons, o.23-6.40; lambs, 6,&PT.25; 'range
1 b, if.wit.wt iea ewes, f-ft.OUQj-Q.
CHICAGO. April 2. Cattla Reeeiot i
mated. IOuO. Western ateer 4(a. - tttntr.
era and feeders, S3.AOe; cows and helf-
sia. vuni).oo; calves, fotvjs.
Hoss Receipts, eetlmated. 17,000: market
steady. I-lght. .657; mixed, $6.65; heavy'
(irtti.iri; rough. $6. io6.10; good to choice
heavy. ,.90S7.15; plga, 6.0ti.45; bulk of
Sheep Receipts; estimated, 600O; market
steady. Native. 3.7rSitt.40: VptPrn ? ts'
darlings. ..1C37.40; lambw. native. 6SS.30;
Jletal Markets.
NEW TORK. April 2. The London tin
market was lower today with spot Quoted at
134 and features at 13S. The local market
was quiet at zu.M,2.avc.
Copper declined to 57 5s for snot nnd t-v
17a 6d for futures In the Iximlon marker
Locally the market was oulet and a h.ri.
lower with lake quoted at 12.S7 er 13c
electro'.ytlc. 12.30 g 12.6214c. and casting'
12.3714 12.30c.
Lead was unchanged at 13 13s 9d la
London. The I0&1 market was steadv at
4.071s e.lc.
Spelter waa unchanged at 21 7S 6d in
London and 4.77 V, J 4 8214c in the local
market
Iron, was higher at 47s 44d for Cleveland
warrants In London. Locaiiy the market
was dull and easy. No. l foundry Northern
Is quoted at $16.23 16.75; No. 2 at $15.73-a
16.2o; No. 1 Southern soft at $15,754; 16.25.
CeJTee and Suga
NEW TORK. April 2 Coffee futures
closed steady, net. unchanged to 5 point.
Surar Raw mteadr- Fair rfin!nTr
SSc; centrifugal 3 test. S.Rl,.c-; ttio
iw Piijcar. S.23t,r. Pfin0H '
Crushed. 3.65c; powdered, 5.05c; granulated
3fe2fe per cent: 90 days.
s',,l?-7 0r,: Ju,!L- -S-Sc: September.
6.1e-l.c; December, 5.95c. Spot steartv
-, ?.,01C-. No- 4 Santos. c. Miid
GASHWHEATWANTED
ncreasing Demand Lifts Spec
ulative Market.
NEW RECORDS AT CHICAGO
May Sells at $1.21 and July at
$1.08 5-8 More Crop Damage
Reports Are Received For
eign Markets Off.
CHICAGO, April 2. Rsllvinr fro .
ra
her weak tone at the, start, the wheat
LTket blVllm muu1l.(u .
mar
pric
poir
' J ".'ui'. .iiu
ices were easily forced beyond the high
int of the season rwnnlMl - n . . -
vious session.
There were declines at the start of H 4c
t-SiSto .1 . .
- - - " " " . im 11 ions oi tne
Eurnnaan m ..I..,. , , . .
i ii ii mi ly mac at
Liverpool, which was bearish ly affected by
unexpectedly liberal exports for the week
from Argentine and Australia- Leading
bulls gave the market good support early
. uaJ ana. a urmor tone aoon developed,
'hich became atmnvAe . v. - ....i
vanced. More crop damage reports were
received, which helped to strengthen the
market, but th, chief reason' for th buoy
ancy waa the constantly Increasing demand
From SI. 19 44 Oi. nar
ing. the May delivery advanced to $1 2t
while July sold up from $1.07tt to 1.081'.
There waa aome re.tinn i. i j
owing to pront-taking, but the market
ma exception of the December de
very. In which thera wo. II. .1. .
Ing. closed Arm. Pinal h,im.h... n u
were at $1.20?, and on July ll.osei.ostt.
j.ue com market was helped materially by
the bulge In wheat and by the popular
bullish sentiment prevalent In the grain
markets generally. The close waa Arm .r
gains of He to i,e. May being at
c and July at 66V,66c.
Oats exhibited
- w.Hmo allcUKlU, Oe
ing Influenced by the advance. In wheat and
corn. The cIom u . ,1.
c to Vtc. with May at 5HesSo and
Provisions Were .... t , .
but later became rt
Thl ,H&Bo to 15c higher.
.ukuIc. rangea as follows:
WHEAT.
Onon
High.
$1.21
108H
1.004
1.00.
Mav. . .
Low.
$1 19
1.0T7,
$1.98
1.07
1.00
Close.
11.20.
July. ..
Sept. . .
1.08 H
oec. ..
1.0B4,
1.00
CORX.
May. ..
-.67i
-66 a
.661,
57T4
.68
.66
.58 hk
July. ..
Sept. . .
.87
.6,
.66
.58
.66
.66
.57,
Dec. . .
OATS.
" .55
471i .4854
4014 .40
MESS PORK.
May. .
July. .
.54
47H
3
-654
' :48U
ept. .
401,
".87
17.874
May. ..
July. ..
17.7714 17.90
17.70 17.8714
1.70 17.8714
LARD.
10.00 10.1214
10.1314 10.2214
10.25 10.35
17.7714
17.70
17.70
Sept
17.87
Mav. .
10.00
10.10
10.22 ii
July. .
10.1J14
10.2214
Sept. .
10.35
SHORT RIBS.
Mav. .
9.25 9.S214 9.2214
July. .
$214
9.0 I it .t(
Q Ki 1 . a c
Q .t;i
Sept.
45
9.60
9.4754
Cash Quotations were as
Flour Strong.
Rye No. 2. 79c.
Rarlev ii
folio
choice maltlntr. 64iR)AKo
4c; fair to
v. , r"l -0- 1 southwestern, $1.88 i.
1 Northwestern. $1.68
Timothy seed $2.603.60
Clover $9.25.
Pork Mess, per barrel, $17.8017$5
Lard Per 100 pounds, $10.05
ort bB Sides (loose). $8.7S9.2S.
faiaVes Short, clear- (boxed), $9.259 50
JLVFnL?'" "ere
' Z I" iT; V" "w I0r the
-i" ...... ii u , di jiusireei s. were eoiml
i,1.3'60 !fhe"- Pr"n'-y recefpSi Se?i
Lstlmated receipts for tomorrow: Wheat
61 ran- pnrn Ifin nan. .. . - .."....,
li.ooo head ,v noga
Receipts.
Flour. hnrr.li -, a
ShlDmfintt
Wheat, bushels. ........ 72,000
Corn, bushels. ......... .126,300
Oats, bushels .'....171600
1 7 1 OA
2S.400
245.400
116.8
Rye. bushels 7, 000
Barley, bushels 82,500
5.000
83.800
Grain and Produce at New York.
, pru -i. riour Receipts.
19.400 barrels; exports, S800 barrels. Firmly
Wheat Receipts, 45,800; exports. 8000
Spot nrm. No. 2 red $1.2714(811.2814 ele
vator and $1.28;4 f- o. . b. afloat; JCo.1
, , . . . . 1 " ' " - i--" i - o. u. anoat; jmo. z
hard Winter. $1.28 f. o. b. afloat Heavy
. w.V 1 - J , . . J "lv again toaay es
tablished new high records. Support was
... r . - , --"es lhii situation in
tn southwest, higher coarse grains, very
light offerings and less favorable crop news
Near the close prices were lac to 14c net
higher. May closed $1.23 : July closed
Hops and petroleum Steady.
Hides and wool Quiet.
Grain at San Francisco.
SAN FRANCISCO, April . Wheat-
Barley Strong.
Spot quotations
Wheat Shipping, $1.9714 92.0$; milling,
$2.10&a2.15.
Barlev Feed. . il.Sftal Efllr
$1.50 1.53.
Oats Red. $1.92H 9 3.05; white, $1.9714 ffl
i.1214; black, nominal.
Call board sales
Wheat May, $2.05182.6214; December.
$1.65.
Barley May, $1.4814; Decembes. $1,289
Corn Lars, yellow, $1.?01.75.
European Grain Markets.
LONDON, April ! Cargoes stronger.
Walla Walla, prompt shipment. 40, fid; Cali
fornia, prompt shipment. 41s 3d.
English country markets d to Is dearer.
French country markets steady.
LIVERPOOL. April 2. Close: Wheat
May, Ss 514d: July, 8s 6d; September, 8s
34 d. Weather, Sne.
Wheat at T acorn.
TACOMA. April 2. Wheat Milling, blue
stem, $1.22 1.24. Export, bluestem, $1.15:
club. $1.05: red. $1.02.
Wheat Receipts In Tacoma for first three
months of 1909 are 1014 carloads, as against
2682 carloads in the corresponding period
of 1908.
Wheat at beat tie.
SEATTLE, April 2. No milling quota
tions. Export wheat: Bluestem. $1.15; red.
$1.03; club, $1.05. Car receipts; Oats, 7
cars.
Eastern Minina: (Stocks.
BOSTON, April 2. Closing- quotations:
Adventure S iMont C St C. .... 35
Allouez 39 (Nevada li.
Amalgamated . . Old Oomlnion ... 50
Ariz Com 4 V Osceola. 130
Atlantic . 13 (Parrot ;ja
Butte Coal 24!Quincy , 3714
Cal 8c Ariz loO Shannon 14 a
Cal & Hecia tTamarack 77V
Centennial 3U!Trlnity 14
Copper Range. . "(JH trnlted Copper. . . 12
Daly West IO ilJ. s. Mlnlss 4 1 .
Franklin ........ 15 lU- S. OH as
Granby OS Jl'tah 42
Greene C&nanea 10 tVictorla 4
Isle Royale 274 'Winona 5
Mass Mining. ... 5 74 ' Wolverine ...... 14a
Michigan 10 jNorth Butte..... 71
Idohavk t2 I
N13W YORK, April 2. Closing quotations:
A"c 175 Leadvilie Con... 4x
Brunswick Con . 6
Com Tun stock. 22
do bonds 15
0 O Va r.j
Horn Silver rtr.
Iron Silver lOo
Millie nier. . .
Mexican
0
,104
ior,
14A
. 65
Ontario . .
Ophlr
Standard
Yellow Jacket..
w York Cotton Market.
XKW YORK, April 2. Cotton futures
closed steady. April. .'S.sSc: May 9 soc
June. .i!r; July. .S3c: August. .4Sc; Hep-t-mber
and October. 9.3Sc; Xovember and
!-finbT. 33c; Januarv. 9.TSc Mnmh
9 2Sc. Spot closed q'iit. MM-uniands, S5c:
mid-Gulf. 10.:0c. Sales 224 bales
THE UNITED STATES
"NATIONAL BANK
PORTLAND. OREGON
UNITED STATES DEPOSITORY
CAPITAL AND SURPLUS, $1,000,000
OFFICERS
J. C. A2NSWOB.TH. President. . K. W. SCHMEER, Cashier.
R. LEA BARNES, Vice-President.
A. M. WRIGHT, Assistant Cashier. W. A. H0LT 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
OFFICER S.
G K. WENTWORTH, President. GEO. L.'M'PHERSON, Vice-President.
JOHN A. KEATING, Vice-President. H. D. STORT. Cashier.
F. A. FREEMAN, Aaat Cashier.
0UES
If you desire to be
come independent
your surplus money
should be invested
where it will earn as
much tor you as it
would, for a savings
bank.
Call
T. S. McGRATH
Lumber Exchange
PORTLAND, OREGON
THE BEST STREET INSURANCE
IS THE BITULITHIC PAVEMENT
It insures against dust, mud and 6treet 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. X-
TRAY KLERK" GUIDE.
NFW 7PM INIl T w service t ta-
IlLn LLALAilU H1TI. Delirbtful South
AUSTRALIA
Sea Tours for Rest.
Health and pleasure.
world's wonderland. Geysers, Hot lakes.etc
The favorite S. -S. Mariposa sails Xrora San
Francisco April 15. May 21. etc ; connecting
at TahUl with Vnlon Line for Wellington.
N. Z. TTK ONLY PASSENtiER LINE 1BOM
V. 8. TO NEW ZEALAND. Wellinston and
back. $2n0, Tahiti and back, $133, 1st clasa
IJNE TO MONOLCLC Special round trip
alio. 1st class. S. S. Alameda sails April 3.
24. May 15. etc. Address
Of'EAXIC LINE. 673 Market St.. San Fran-rlhca.
forth QermanJZloyd.
KA8T EXPRESS SERVICE.
Plymouth Cherbours; Bremen 10 A. M.
K.Wm.D. Gr.Mar. 30;Kronprinx Wm. Apr. 13
Kais.Wm.ll April 0;Cecllie April 'M
Twin-Screw Passenger Service
Bremen Direct 10 A. M.
P.Prledrich W.Apr li'Yorck April 8
Bradenburg. . .April 3!Gnelsenau April 22
Calla at Plymouth and Cherbourg1.
Mediterranean Service
Gibraltar Naples Genoa.
Sailing at 11 A. M.
K. Luise April 10'K. Albert April 24
P. Irene April ITINeckar May 1
SCANDINAVIAN-AMERICAN LINE
lS.SSS) Ton Twin-Screw Psseenger 8tesmer
Direct to
Norway, Sweden and Denmark
Helllg Olav.. .April 1 F. Tletgen.May 0
Oscar II April ir,Helltg Olav May 13
Vnitd Sttes.Apr. 29!Osrar II May 21
All Steamers equipped with Wireless.
Pirst cahin. 75 upaard; second cabin, $57.50
A. K. JOHNSON & -o.. 100 Washington ave.
a-. Xinneaoolis. Minn., or to Local Acenta
"1
$250,000
AV1M3
or Write
TRATELERS GUIDE.
Hamburg-American.
T.ONUON l'ARJ HAMIllW).
Deutschland.Mar. 11K. A vie March
Pennsylvania. Mar. 13;g: Wkldersee. M 5?
ITAT "V via Axon Gibraltar.
Naples and Genoa.
8. S. HAMBURG. fMaivh 23, May 11.
" BATAVJA. t-Vpril IS. IJuue X
" MOLTKE, ft April 27. tfune 10.
Calls Axores. eGibraitar. Naples and Genoa
Tourist Dept. for Trips Everywhere.
Hamburg.Ameriran Uue. l(io Powell St.,
Man ran cisco, and Local Agents Portland.
BAN ntANClSCO PORTLAND S. S. CO.
Only direct steamer, and daylight sailing.
From Alnsworth IJock, Portland, 4 p. M
S.S. Rose 1ty, April B.
Senator, April 17, A. M.. etc.
ruui Iximbard St., San Francisco 11 A. M.
8.S. Henstur, April 10. 24. e-.
S.S. Rose CHy, April 17, May 1.'
J. W. Ransom, Dock Agent.
Main 2tS Alnsworth Dock.
M. X ROCHE. City Ticket Agent. 142 3d St.
Phone Main 402, A 1402.
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. H. YOUNG, Agent.
COOS BAY LINE
The steamer BHEAK.WATER leaves Port
land every Wednesuay, $ p. M.. trora, Alns
worth dock, for iortn bend. Marshneid and
Cooe Bay points. Freight received till 4 P.
M. on day ot sailing. Passenger fare, first
class. $10; secor.d-clasa $7. Including berth
and m"H Inquire city ticket office. Third
and Washington streets, or Alnsworth dock.
Phone Main 28s.