Image provided by: University of Oregon Libraries; Eugene, OR
About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (May 12, 1909)
THE MORNING OREGONTAN, WEDNESDAY. MAT 15
Over 90,000 Bales Have Gone
,-i Out of the State.
PRESENT HOLDINGS SMALL
Market I Firm With Growers Vn
wllllns to Sell at Present Prices.
Crop Conditions In England.
Berries Are Delayed.
Hop Khtpmtnts from Oregon by rati and
water for the eight months of the crop year
were, 90.484 bales, or 38,315 bales leas than
shlppped during- the some period last seuon.
The shipments from Oregon by months com
pare aa follows:
iepiemc-eT .... 2 B43
Jfoeniher . 1S.826
iMeember . . ... ....... If)
January I 12,072
A" - - 4.20T
Total 90,484 12S.80
Of the total shipments for the, season to
flats, abont 8000 bales were old hops held by
dealers and 0000 bales were olds purchased
from crownrs. There are remaining In tlia
stats, out of last, year's crop 1703 bales In ths
bands of farmers and about 6000 bales) owned
by dealers. From theeo figures It Is calcu
lated that ths 1908 crop of Oregon amounted
to about 90,000 bales, as shown by ths fol
Shipments to data
Lss olds shipped .. . ' goo0
Shipments of tOORs
In growers' hands nooftr) ...
In dealers' bands 19i8) ...
Oregon crop of 1908 . ..8o. 1ST
The market Is quiet, but very firm. There
are a numh.i. nt . w . . . .
viuvm II iiiuiU, dui mo
supply Is so small and growers so Indepen'
"I Buyers find much difficulty In
Ths following cable was received yesterday
by Isaao Plncuei ft Sons, of Tacoma, from
Ironmonger, of London:
TVeather ravorable for growing crop.
Plantations free from vermin. Crop prospects
are sufficiently favorable. Estimate acreage
at .13.000: reduction. 40O0. Market very
NO CHANGE IX POTATO SITUATION.
San rranrlaro Still Depressed by Heavy
Stacks of Oregons.
Tiere wss no change In the potato situ
ation yesterday. Ban Francisco wires noted'
a somewhat better feeling, but the market
failed to recover from Monday's bad slump.
A good many Oregon potatoes are still on
the way south and there Is not likely to
he any advance In prices In the Bay City
this werk. Some potato experts Incline
to the opinion that the market has already
been at Its best and that prices will do
well If they hold their own during the re
mainder of the season.
A R.-w old Oregon onions are still coming
In and It Is said that about 150 sacks are
all that are left In the state. The local
trade, however, demands new stock.
Potatoes Scarce at Albany.
ALBANY. Or.. May 11. (Special.) The
price of potatoes Is. still soaring In Albanv.
It has reached $1.60 per bushel, which
equals the highest price ever paid for po
tatoes In this city. Three or four local
grocery stores have no potatoes at all on
hand and others have very few. Jt Is esti
mated that there are not more than 100
bushels In Albany In the hands of retail
dealers. The present weather Is un
favorable for the rapid development, of
this year's crop and new potatoes- will
probably not be on the market her before
the middle of July.
STRATVBERKY SHIPMENTS DELATED.
Part of Hold-Over Stork Condemned by
The delaved train service resulted In a
bare strawberry market, except for the
hold-over stock and the few Oregon berries
that came In. The latter sold at 12 i
cents a pound and the California berrlea
went for whatever they would bring. Some
of the California fruit was In such poor
condition that the market Inspector "coal
oiled" a quantity of 'it.
Last night's large shipment will he put
en sale this morning and If today's ex
press Is on time there will be a double
quantity to dispose of. What success the
Jobbers meet with will depend on weather
Two steamers brought a good assortment
of vegetables, which cleaned up well at
LACK OF DEMAND FOR WHEAT.
Seme California Holders Are Selling Grain
at m Ixss.
There Is a lack of animation In the lo
eal wheat markot. The principal demand
lately has come from California and now
that this has subsided, trade Is decidedly
dull. With the cessation of the Southern
Inqulry come reports that California dealers
have turnod sellers, some of them letting
ge of club wheat around 11.17. There Is
no pressure to sell on this market, how
ever, and former prices are atlll quoted.
Barley and oats are quiet and firm.
I-oi-al receipts. In cars, are reported by
the Merchants Kxchana-a as follows:
Wheat 13arley Flour Oats Hay
May S-9 13 .. 3 ,2
1 1 3 s
Total last week. 32
Butter Firm at the Advance.
The butwr market was not only active
at the t-cent advance, which became ef
fective yesterday morning, but was sleo
firm. The change met with the approval
of nearly all the enjamery men.
Krbs were swndy and unchanged. Front
street dealers quoting It. 24H and 23 cents.
Poultry sold better than for several days
past, hut prices wero no higher.
Clearliis f the Xorthmestern cities yes
terday were as follows:
Vegetable ami Fruit.
FRESH FKU1TS Applss. tUc;.SO per
box. fclraw herrio.. Oreron. liv-o ih Pan.
a rornla. TActitl.uO por crale. Cherries, 75c
11 Bo per box.
POTATOES Buying price, la per bun
tired: new California. 4 ft rc por pound
PACK VEGETABLES Turnips. $1.23 per
lark: carrots, St. 23; parsnips, sl.M); beets.
tl.il: horseradisti. 10c per pound.
TROPICAL. FKITJTS Oranges, navels. $3.25
JS.2& per box, lemons, Jl.754; grape fruit.
13301114 per box; bananas. SH?tlo per
pound: pineapple. $t..i0tt5 per crate.
ONION'S N' (1 5(1 per crate.
VKOKTA1U.KS Artichokes. 6.,r 7r,c dox;
asparagus, Oregon. 73e per doxen; California.
44j'Hc per pound; beans. 12 Vi f 1 7 30; rah
base. 2U(f:Hvn per lb.: cautlnower. 1eT12,1
per dosen; cucumbers. Tficu 11.00 per doxen;
lettuce, hothouse, 111.50 per box: lettuce,
head. 20 50c per dozen; onions, 12
?15c per dozen; parsley. 3.1c per dozen;
peas, 4f5c per pound; radishes, lS'ffciiOc
per dozen: rhubarb, 2V.8He per pound;
spinach. 80cll: tomatoes. Florida. 12600
3.25 per crate; Mexican, 11.75 per crate.
Grain. Floor. Feed. Ete.
WHEAT Track prices: Bluestem milling.
tl.30Wl.S5; club. 1.20; Valley, 11.17; red
Russian, $1.17 1.20.
FLOUR Patents. 88.05 per barrel;
straights. 15.10; exports. $4.70; Valley, 83.30;
graham, 15 60; whole wheat, quarters. $3.80.
CORN-gWhole. $35 per ton; cracked, $3$
BARLEY Feed. (34 per ton.
OATS No. 1 white. $40 per ton.
MILLSTIFFS Bran. $26.50 per ton; mid
dlings. $33; shorts. !2932; chop, 1230;
rolled .barley. $36 37
HAY Timothy. Willamette Valley. $140
18 per ton; Eastern Oregon, 11820;
clover, 1113; alfalfa. !13a l4; grain hay,
11S4J14; cheat. 114H.50; vetch. 1414.50.
Daily Treasury Statement.
WASHINGTON, May 11. Today's ota ce
ment of the Treasury balance in the general
fund, exclusive of the $150,000,000 gold re
Gold coin and bullion $4.3.565.8S5
Gold certificates 38,875.910
Available cash balances . 123,0e0,650
Oil THE BUYING SIDE
LONDON" ORDERS EXECUTED IN
THE STOCK MARKET.
Sudden Rise in Reading; Affects the
General List and Closing
Ton Is Strong.
NEW YORK, May 11. The lethargic con
dition Into which speculatlr.a in stocks fell
today was difficult to account for. The
apparent completion of selling from quar
ters that were regarded as Important gave
some relief to an apprehension that in
formed Interacts were liquidating their
holdings of stocks. Orders from London
slso were on the buying side in excess of
selling orders from that source. Foreigners
often are well Informed on the views of
Interests controlling the great corporations
here, and the persistent selling of late has
been considered rather ominous. The re
sult of that condition today with the clos
ing up of accounta In connection with the
stock market movement " in London was
accepted as cause for encouragement.
The market was freed from the selling
pressure In evidence yesterday, but prices
moved decisively upward only in the final
half hour. Dealings fell to a lower rate
of activity during the midday period than
has been witnessed In New York for over
two months.. Effectual support was af
forded by the sympathetic influence of
strength In a few stocks, notably Reading.
That stock met some very heavy selling
orders In the course of the advance, but
offered good resistance. Erie was strong
and estimates of the increase in that road's
earning power were put In circulation. The
stirring of the market for the Erie was
believed to foreshadow the offering of ad
ditional securities. Incident to financing the
road's further needs.
Part of the effect of depression In
activity was due to the renewed rise in
the price of wheat.
The tuVn to the buying side In the stock
market on the part of London Increased
the supply of foreign exchange today and
took away from yesterday's show of firm
ness In that market. The stock market
sentiment Is not disposed to Ignore the
significance of the hardening of the money
market in view of the free use which haa
been made of banking credits in carrying
prices of securities up to the present price
The buoyant upshoot In Reading at the
last awakened the general market to only
a moderate animation, but the closing tone
Bonds were steady. Total sales, par
value, $4. 682,000V United States bonds were
unchanged on call.
CLOSING STOCK QUOTATIONS.
Sales? High. Low. Bid.
Allls Chalmers pf 700 5o- 50 50'4
Amal Copper .... 15,1100 t3 . &! 83
Am Agricultural 394
Am Beet Sugar.. 7.700 30rs 5$i 35;4
Am Can pf 7.4UO 81 8o 81 Mi
Am Car & Foun. 5.700 60H1 64T6 5514
Am Cotton Oil..'. 2,000 67 0014 6014
Am Hd & Lt pf. I'OO 42"4 42'4 4'Ji
Am Ice Securl..., 2,500 41 41V, 41
Am Llneeed Oil I8V4
Am Locomotive.. 2,100 58 57' 57Ts
Am Smelt & Ref 14,600 8414 92 94 4
do preferred ... 200 lOOTs lODii lUMi
Am Sugar Uef 133 !4
Am Tel & Tel.... 1,600 141 140'x 140
Am Tobacco pf . . . 700 102 101 100
Am Woolen 3lA
Anaconda Mln Co. 3.300 51 60 61
Atchison 27.500 110?, 1011 110
-do preferred ... 70O 10414 104 104
Atl Coast Line 12614
Bait & Ohio S.700 1154 114 11514
do preferred . . . t 94 '4
Bethlehem Steel'.. 1,000 2714 2614 26
Brook Rap Tran. 10,400 79', 7514 75'i
Canadian Pacific.. 1,000 18o?s 1N0 180
Central Leather.. 1,000 30 294 29?s
do preferred 1031,
Central of N J.. POO 29 292 293
Ches & Ohio 4.3U0 7S 77',i 75'4
Chicago A Alton.. 4no 70i G9i 70J4
Chicago Gt West. 500 4'8 4-
Chicago & N W.. 2i0 1S2H, 1S21, 182"
C. M & St Paul.. 8,700 152-T4 151 i 152'4
C. C, C & St L 7414
Colo Fuel & Iron. 600 40- 394 40
Colo Southern.. 100 651 HT 65
do 1st preferred. 200 84 84 8.1
do 2d preferred 80
Consolidated Gas.. 400 13814 137'4 1384
Corn Products ... 2,5')o 2:!1, 23 2:114
Iel & Hudson.... 14, loo 190 184 ' 189
V ft R Grange ... 2.400 - 51 504 51
do preferred ... 80O S74 87 8714
rltlllers" Securl.. Sou 3!U(, 89 39'
Urle 82.8tH) 3.1 82 4 33
do 1st preferred. 7.S00 51 H 49 51
do 2d preferred. 2,4fO 41 40 40
General Electric. .H 15914 159 1.V.I
Gt Northern pf... Itoo 14o74 145 143
Gt Northern Ore.. 6.7ml 74 73 73'
Illinois Central ..: 600 146 145 I41U4
Interborough Met. 1.50 1614 16! j;
do preferred ... 1.300 4614 46 46
Inter Harvester . 81 u
Inter-Marine pf . . S(0 2.T4 24 25J
Int Paper 1.000 13 13 13
Int Pump 18. 8W 42U 41 42
Iowa Central .... 6iH 32' 3214 3214
K C Southern ... S.000 46 45 46
do preferred ... 724
T-outs & Naehvllle l:ni
Minn & St L 40n 6! 68 59
M St P & S S M. 400 137 136 I3614
Missouri Pacific. 2.4fio 74 7414 74'4
Mo. Kan Texas 15.100 43 42 14 42
do preferred 73
National Hioeutt .. l.SOn 107 107 !(
National Lead ... 3.SOO 88 8774
Mix Nut Hy 1 pf 50
N Y Central .on 13214 131 I::2
N Y. Ont & West. i.HOO 40 48 4!l
Norfolk & West. 20O 91 3 91 S 91
North American.. 200 S3 82' 82
Northern Pacific. S.4C0 145 144 ; 145
Pacific Mail 3i
Pennsylvania T.000 1S5H 1'4 133
People's Gas . 4"0 115 114 314
P. C C St I. 90
Pressed Steel Car. 700 4 2 41 41
Pullman Pal Car .- 186
Ry Steel Spring-. 90O 484 43 434
Reading 1S3.90O l."ij 15.M; 136
Republic Steel ... 2.90O 20 2014
do preferred . . . 200 86 86 86
Km Island Co.. 21.10O 30T4 297s 30
do preferred ... 4,700 71 70 70
St L S F 2 pf 45'...
St L Southwestern 24
do preferred ... 400 n 60 6n
Sloas-SheffieUI .... 4( 80 ' 804 80U4
tiouthern Pacific. 11. 800 122 121 12214
do preferred .. 124
Southern Hallway. 4.000 29 29 29
do preferred ... 70O 68 67 6814
Tenn Copper 1.2IXI . 44 43 ' 43
Texas Pacific. 1.400 34 33 ' 34
Tol. St I. West. 3UO 51 51 61
do preferred ... 3O0 69 69 60
Union Pacific ... 42.3HO 1SS 187 18h
do preferred 96
IT S Realty . 80
U S Rubber 4.9iK 40 3S 4"
V S Steel S,6.:'x R7, r.rt 57
do preferred ... 2.900 119V4 118 119
Utah Copper 1.7'Ki 32 SOU 51
Va-Caro Chemical. 2.800 rt 49 60
Wabash 1.7oo 20 19 20
do preferred ... 17.700 51 60 31
Western Ml 5.70O 27 23 27
Westlngbouse "Elec 1.300 84 83 8S
Western Union 900 76 76 76
Wheel ft L Erie 11
Wtconln Central 58
Total sales for the day, 723.2O0 shares.
NEW YORK. May 11. Closing quotations:
U. S. ret. s reg.lotlN Y C G ss. .. 9,314
do coupon .... IOI North Pacific 3s. 75
U. S. as reg lOIVslNorth -Pacific 4s.in;i
do coupon. ... 102 il'nlon Pacific 4s. in::
U S new 4s reg.UO Wiseon Cent 4s. 95
tin coupon. 120 Uapanese 4s 83
D & R G 4s 97 I
LOOK ON DARK SIDE
Wheat Traders Accept AH Un
PIT, THEREFORE, BULLISH
Crop Xews From the Southwest Adds
to the Strong Tone Caused by
Steady Cables Decrease in the
World's Visible' Supply.
CHICAGO, May 11. Sentiment In the
wheat pit was bullish all day and the vol
ume of trade was fairly large. The failure
of foreign markets to follow the slump here
yesterday imparted a strong tone at the
opening, which was augmented by unfa
vorable crop reports from the Southwest,
particularly from Western Kansas and Ne
braska. Advices from Kansas were contradictory,
but the trade seemed inclined to look on the
dark side. A dispatch from a cordage
concern at St. Louis, claiming that many
orders for twine had been cancelled owing
to poor outlook for the new crop In Kan
sas, Oklahoma and Texas, waa one of Oia
reports that startled the trade. An enorm
ous decrease In the world's visible supply
of wheat, as outlined In Bradstreet's state
ment, also helped to Inspire bullish senti
ment. According to this authority, the
total available decreased 33,741.000 bushels
during April, leaving the supply now at
136.844.000, which- is almost the smallest
on record. Local contract stocks in public
elevators decreased 3,311.000 bushels last
week and are now only 3,123,000 bushels.
During the day July sold between $1.12
and $1.14 and closed at $1.14.
Shorts were active bidders for corn and
the market displayed a strong tone. Cash
corn at the sample tables was cent
higher, but there was little offered. The
corn market closed strong, final quotations
showing net gains of c to c compared
with yesterday's close, with July at 68
Sentiment in the oats pit was bullish.
During the day July ranged between 51 o
and 51 c At the close prices were up o
to c compared with the previous close
with July at 51 e.
Provisions were strong all day. Closing
prices showed net gains of 1012c to 10c.
ti uiy. . i
.43 .4 4
s . .
Dec . .
10 52 10.45
9.95 ' 10.00 9.95
9.95 10.02 9.95
10.02 ,10.10 10.02
July JT. ...
Total clearances of wheat and flour were
equal to 83.000 bushels. Primary receipts
were 212.000 bushels, compared with 357,000
bushels the corresponding day a year ago.
The world's visible supply, as shown by
Bradstreet's, decreased 8,700,000 bushela.
Estimated receipts for tomorrow: Wheat,
4 cars; corn. 85 cars; oats. 11 cars; hogs.
Flour, barrels. .... M .. . 22,600
Wheat, bushels 8,400
Corn, bushels 233,820
Oats, bushels 436,200
Barley, bushels........ 62,600
Grain and Produce at New York.
NEW YORK, May 11. Flour Receipts,
27,000 barrels; exports, 715 barrels. Quiet and
Wheat Receipts, 78.000 bushels. Spot, firm.
No. 2 red, $1.43 elevator and $1.45 nominal
f. o. b. afloat; No. 1 Northern Duluth, $1.33
f. o. b. afloat: No. 2 hard Winter. $1.33 f.
o. b. afloat. Bull support developed ag
gressively In wheat today and prices' had a
strong advance, helped by less favorable crop
news, higher cables and a big decrease In
world's stocks. Final prices showed 1 to
lc net advance. May closed at $1-34, July
at $1.20 and September at $1.13.
Hops and hides Firm.
Wool and petroleum Steady.
Grain San Francisco.
SAN FRANCISCO, May 11. Wheat
Firm. Barley Firm.
Wheat Shipping, J2.102.15; milling,
Barley Feed, 11.68 1.S0; brewing,
Oats Red, $2.05ffJ2.15; white, 2.1o2.25;
Call board sales
Wheat No trading.
Barley May, $1.57; December, 11.37
Corn Large yellow. $1.70 1.75.
Changes in Available Supplies.
NEW YORK, May 11. Special cable and
telegraphic communications received by Brad
street's show the following changes In avail
able supplies as compared with previous ac
Wheat. United States, east of the
Rockies, decreased 3,480,000
Canada, Increase 69,000
Total decrease, united - states and
Arloat for and In Europe, decrease. . .5,300,000
Total, American and European sup
ply, decrease 8,711,000
Corn, United States and Canada,
decrease , 1,823,000
Oats. United States' and Canada,
decrease - 983,000
Kuropean Grain Markets.
LONDON, May 11. Cargoes, -sellers
firmer; buyers, quiet. Walla Walla, on
passage, 44s44s 3d.
English country markets, quiet. French
country markets, firm.
LIVERPOOL, May Tl. Wheat July, 8s
lld; September. 8s 5d; December, Ss
4d. Weather, fine.
Wheat at Seattle.
SEATTLE. Wash.. May 11. No milling
quotations. Export wheat: Bluestem, $1.24;
red, $1.09; club. $1.14. Receipts Wheat,
five cars; oats, one car.
-sanTnii si at Taooma.
TACOMA. May 11. Wheat Milling:
Bluestem, 11.25 f 1-30 ; club, $1.14. Export:
Bluestem, $1.24; club. $1.14: Ted, $1.09.
PORTLAND LIVESTOCK MAiCKET.
Prices Current Locally on Cattle, Sheep and
Among yesterday's livestock receipts were
nine cars of California steers. Tiwy were
of fine quality and were turned over to a
packer at a price understood to show a
premium of 25 cents over the curnent mar
kot value, or $6 a hundred. Hogs continue
strong with the supply under local needs,
while sheep aoe steady at last quotations.
The receipts for the day were 223 cattle,
S3 hogs and 30 horses.
Late sales at the yards included: 25
lambs, awrage 55 lbs., $5.50; 49 hogs, aver
age 179 lbs.. $7.59.
Local prices quoted at the yards yester
day were as follows:
CATTLE Steers, top. $5.50 95.75; fair to
good. $5.00 ffi 5.25; common to good. $4,504$
4 75; cows, top, $4.25)4.50; fair to good,
$3.754.25; common to medium, 12.5053.50;
calves, top, 15.00f 5.50; heavy. $3. 50 4. 00;
bulls and stags, $3.003.50; common, $2 00
HOOS Best. $7.507.75; fair to good
$7.25e7.50: stockers, $6.0O6.60; China,
SHEEP Top wethers. $4.004.59; fair to
good, $3.504.00: ewes, c less on all
grades: yearlings.- best. $4.50: fair to good,
14. 00 4-25; Spring lambs, $5.
Eastern Livestock Markets.
OMAHA. May 11. Cattle Receipts. 44fV).
Steady to strong. Weertern steers, $3.50fiiOO;
cows and heifers. $2.75'g5.35: canners, $2.50
3.75: stockers and feeders. $3.0005.60: calves,
$3.25'S8.75; bulls and stags. $3.0Ufg5.25.
Hogs Receipts. 8500. Steaiiy to atrong.
Heavy. 7.10'S7.25: mixed. $6.95'S7.05: light.
$6.8017.10: pige, $5."O'o.50: bulk, $3.90(ff 7.10.
Sheept Receipts, 2800. Strong. Yearlings.
$5.75j56.90: wethers, $5.506.50; ewes, $5.25j
6.25; lambs', $8.754M.S5.
Money, Exchange, Etc.
NEW YORK. May 11. Money on call,
steady, 12 per cent; ruling rate, 2 per
cent; closing -bid, 1 per cent; offered at
1 per cent.
Time loans, fairly active and firm. Sixty
days, 22 per cent; 90 days. 22
per cent; six months, 33 per cent.
Prime mercantile paper closed at 34
per cent. '
Sterling exchange steady, with actual
business in bankers' bills at, ' 14.8635 4.8650
for 60-day bills and at 14.8770 for demand.
Commercial bills, $4.85 4. 86.
Bar silver, 53 c. i
Mexican dollars, 4 4c'.
Government and railroad bonds, steady.
LONDON. May 11. Bar silver, steady,
24 l-16d per ounce.
Money, 1 per cent. .
The rate of discount in the open market
for short bills is 115-16 per cent; three
months' bills, 115-16 per cent.
SAN FRANCISCO, May 11. Silver bars,
Mexican dollars, 47c
Drafts, sight. 2o; telegraph, 5c.
Sterling, 60 days. $4.86; sight, $4.87.
SEATTXE POTATO DEALERS AD
Three Cars of Strawberries Difficult
to Dispose Of Eggs Firm,
SEATTLE, Wanh., May 11. (Special.)
Potato dealers announced today that po
tato quotations will be advanced to $45 he
fore the end of the week. They claim rhe
loss In the storage stock Is bo great that
higher prices must be asked.
A few Eastern sweet potatoes are in the
market, selling- at 5 cents.
Three cars of strawberrie's reached here
today, but came In late and were not all
cleaned up. An effort was made to switch
one car off at Portland, but dealers there
would not take the berries. The top price
on berries "here today was $1.50.
Texas onions are weaker, the top price
being- $1.75. Rhubarb is a drug on the
market at 1 cent a pound. -
Ejrga were firm today at 2S and 29 cents.
Receipts were heavier than expected and
the 20-cent quotation waa not general.
Reports were circulated today that tffe
storage supply In the East is only about 60
per cent of what It was last year.
Butter was easier today. The wet weath
er is having a marked effect on. the cream
There have been no meetings of the mem
bers of the grain exchange this week. The
hay and grain markets are nomlnaly un
changed. QUOTATIONS AT SAN F BAN CI SCO.
Prices Paid for Produce) in the Bay City
SAN FRANCISCO. May 11. The follow
ing prices were quoted in the produce mar
Onions Oregon, nominal.
MI Hat lifts Bran. $28.50 30; middlings,
Potatoes Oregon Burbanks. $2.25 2.40;
Salinas Burbanks. nominal; sweets, $1.50
W l 65.
Vegetables Hothouse cucumbers, 50c 1;
garlic. 810c; green peas. 75c$1.25; string
beans. 6 10a; asparagus, 50c $1.75; toma
toes. $11.25; egg plant. 202.1c.
Butter Fncy creamery, 24 V c ; creamery
seconds, 24c ; fancy dairy, 23 c.
Poultry Roosters, old, $4&5; young, $9
It; broilers, small, $2.503.50; broilers,
large. $4 5.50 ; fryors, $7 8.50; hens, $6
10; ducks, old $55.50: young, $68.
Eggs Store, 24c; fancy ranch, 25c.
Cheese New, 1313c; young. America.
Wool South Plains and San Joaquin. 10
16c; Mountain, 6e10c; Nevada, 1318c
Hay Wheat, $23.50 27.50 ; wheat and
oats, $23326; alfalfa. $1317; stock, $7iQ
11 ; straw, per bale, 60 85c.
Fruits Apples, choice, $1.50; common,
60c; bananas, 75c(g$3; limes. $4.50?5;
lemon s. choice, $3.25 ; commons, $1 ; oranges,
$1.25 3.00; pineapples, $34.
Receipts Flour. 1775 sacks; wheat. 3501
centals; barley, 435 centals; oats, 60 cen
tals; corn, 40 centals; potatoes, 1000 sacks;
bran, 110 sacks; middlings, 315 sacks; hay,
20 tons; wool, 602 bales; hides, 1255.
NEW YORK, May 1-1 . Tin In London to
day was lower, spot at 132 15s and futures' at
133 15s. The local market was dull and
lower. Spot, 20. 25g 20. 50c.
Copper declined to 59 2s 6d for spot and
59 17s 6d for futures In London. Locally the
market wae- quiet and unchanged. Lake,
13.12H13.37M(C; electrolytic. 12.75'13c; cast
Lead was lower at London at 13 6s- 3d.
The local market was firm and a shade higher,
with spot quoted at 4.254.35c.
Spelter was unchanged in London at 21
15s and quiet locally at 6.025.07c.
Locally the iron market W3 unchanged. x
Dried Fruit at New York.
NEW YORK. May 11. Evaporated apples,
q u let. Fan cy. 8H$94c; c ho tee. 7(7c;
prime. ft6T,c; common to fair, 5594c
Prunes, unsettled. Quotations range from
24 to 12c for California and from 6 to 9c
for Oregon fruits, 40-5Vs to 20-30s.
Apricots. firm. Choice. 10104c; extra
Peaches, firm. Choice. 66ic; extra
choice. 6VS6c: fancy, 7g6V,c.
Some speculative ' demand is reported for
raisins, with loose Mu sea tele quoted at 3',
4c, choice to fancy seeded at 4g6c, seed
less at 3S5c and London layere at $1.2o
London Wool Sales.
LONDON. May 11. The offerings at the
wool auction sales today numbered 12,270
bales. . The selection included a large lot
of fine merinos, which sold quickly to all
sections. Continental buyers were eager for
scoured, Tiome traders for greasies, but
Americans took the best parcels of merinos
and bought crossbreds at prices ranging
from Is 3d to is 5d. The market was ex
tremely firm throughout.
l laxseed at Minneapolis.
MINNEAPOLIS, May 11. Flax. $1.60.
Shares $100 Each
AN UNUSUALLY STRONG AND WELL ESTABLISHED INVESTMENT
PORTLAND GAS COMPANY STOCK pays quarterly dividends at the
rate of 6 PER CENT PER ANNUM; is intrinsically worth, and has uniform
ly brought a good premium on the market, and will unquestionably enhance
in value. !
SMALL INVESTORS particularly should take advantage of this oppor
tunity to purchase shares at PAR AND INTEREST.
. Further particulars upon ' application at our office.
Chamber of Commerce
Portland, Baker City & Butte Electric Railroad Co.
Will Pay R Interest
We offer $150,000 of the Two-year Coupon Notes of this Company,
in amounts of $200 or -$1000 each at 10 per cent discount, and paying 8 per
cent interest semi-annually. These notes are secured by the controlling
interest of the stock of the Portland, Baker City & Butte Electric Rail
road Company, amounting to $1,005,000, which stock is fully paid and
non-assessable by bonds. When this control is sold, $150,000 is to remain in
the hands of the American Bank & Trust Company, which is now the
trustee for the controlling stock and held iflrescrow to be sold, in conjunc
tion with a bond issue now being negotiated with a large Eastern Syndi
cate. . These notes will prove a safe and profitable investment, as the monev
derived from their sale will be used entirely for engineering and the se
curing of rights of way, which will also be a valuable security.
For sale at the offices of the Portland, Baker Citv & Butte ElectnV
T- ! - T fi
HELD AT TOP PRICES
New Clip Wool Is Arriving at
MARKET IS VERY FIRM
Manufacturers Realizing That High
Values Are Likely to Remain for
Some Time Strong De
mand at Xjondon.
BOSTON. May 11. Local wool values still
tend upward. In keeping with the advance
in London and the West. Dealings In the
Boston market are confined to territories,
but the conditions In the West are closely
Fairly heavy receipts of Nevada. tT.h
and Arizona wools have nlled up local bins
which for weeks have been empty of old
stock. New Wyoming Is held at 2325c,
while Utah is quoted at l22c. Consumers
of pulled wool and the foreign product are
buying freely. .
Manufacturers are realizing that high
prices are likely to remain for some time.
California Northern, 63r6.1c; middle
county. 5358e; Fall free, 4S948c- Fall de
Oregon Eastern, Jfo. 1 staple. 68 -3 70c;
Eastern clothing, 6062c; Valley No 1
53 (g 3oC.
Wool at St. Louis.
ST. LOTJIS. May 11. Wool Strong. Ter
ritory and Western medium, 2328c; me
dium, 2328c; fine. lS20e.
Coffee and Sngar.
NEW YORK, May 11. Coffee futures
closed dull, net unchanged to 5 points higher
Sales. 12.000 bags. May. 7c; June 6.70c:
July, C.ooc; December, 5.90c. Spot, quiet.
No. 7 Rio, 8HSVic: No. 4 -Pantos, S'AfflSc;
mild cofTfe, quiet. Cordova.lt &&i12c
Sugar Raw. steady. Fair refining, 3.42c;
centrifugal. 9fl test. 3.02c; molasses sugar
3.17c. Refined, steady. Crushed, 5.65c; pow
.1red. 5.05c: granulated. 4.9.V.
AND STARK STREETS
Gas Company Stock
Beck Building, Portland, Or.
THE UNITED STATES
PORTLAND, OREGON -
UNITED STATES DEPOSITORY
CAPITAL AND SURPLUS, $1,000,000
J. C. AINSW0RTH, President. E. W. SCHMEEE, Cashier.
R. LEA EARNES, 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
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 INSTRUCTION COMPANY
317 Beck Building, Portland, Or.
TRAVELERS' Gl IDE.
Steamer Chas. R. Spencer
Hound trip daily except Monday, for As
toria and way landingrs:wleavinEr Portland
at 7 A. M., arriving Astoria 1 P. M. Return
ing, leave Aatorla 3 P. M., arrive Portland
J :45 P- M- Sunday excursion, Astoria and
return. Leave Portland 8 A. M.; return 8
P. M-; fare $1.00 round trip. Portland.
Washington-St. dook. Pbone Mala 8619. Cal
lender dock. Astoria.
NORTH PACIFIC S. S: CO
S. S. Ceo. W. Elder
Sails for Eureka, San Francisco and
Los Angeles May 13, May 27. Ticket
office 132 Third street, near Alder.
H. YOUNG, Agent.
COOS BAY LINE
Tbt steamer BREAKWATER leaves Port,
lend every WedneMlujr. S f. M-. from Alo
worth dock, lor tiorttk Rend. MarmliUeld and
Coa Bar -points. Freight received till 4 P.
M. on d&y of sailing. Passenger fare, first
class. $10; second-class. S7. Including berth
and meals. Inquire city ticket odlce. Third
and Washington streets, or Alns worth 4olc
Phcne Mala 208.
Le Than Four Days at Sea
WEEKLY SAILING BETWEEN MONTREAL
QUEBEC AND LIVERPOOL '
Two days on the beautiful St. Lawrence
River &nd tn snortest ocean route lo Liu
rope. Nothing better on the Atlantic than our
Empresses. Wireless on all steamers.
X-lrat-clas S0O ; second S50. one class
Ask any ticket acent. or writ for saiUns.
rates and booklet.
F. R. Johnson. P. A.. 142 3d st.. Portland, Of
SAX FRANCISCO PORTLAND 8. 8. CO.
Only direct steamer and daylight sailin.
rrom Ainsworth Dock. Portland. B A. M.
8.8. State of California, May 15, 21). etc.
8.8. Kose City. May 22, June 5. etc.
From Lombard St.. San Francisco, ti a. w,
S.8. Roh City. May 15. 29, etc.
8.8. btate of California. May 2. etc.
J. W. Ransom, Dock Agent
Main 26S Alnswortlt Dock.
M. J. ROCHE, City Ticket Agent. 142 2d fit
Phone Min 402. A 1402
Chicago. The Journal says that It has
disrrovred the "lost John Orth," otherwise
Archduke Johann Salvator, of Austria.
Prince of the .House of Hapaburjr, who dis
appeared 33 years ajro after marrying; Lud
milli Rtubel. an opera singer and that he is
now at Painesville, O , working: as a ma
chinist at S15 per week.