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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (May 13, 1909)
THE 3IORX1XG OREGONIAN. THURSDAY, MAY 13, 1909.
Twenty-four Cents Now Of
fered for Valley Clip.
SHEARING IS COMPLETED
Knjcrs Operating Actively in East
ern Oregon and Idaho Territory
' Wool Held at High. Prices.
Mohair Season Ends.
The Valley wool market la keeping pace
with the vtrong advance elsewhere. Yester
day buyers of the Valley' dip raised their
offered price to 24 cents for fine wool, 23
cent for medium and 22 cents for coarse. But
little buslneaa was transacted at the advance,
howewr. Bhearlng Is about completed In
tha Valley, but very llttla wool has came
f?rward yt. Where the farmers hav sold,
tha clip haa mainly ron Into the muids of
Burin a ts progressing steadily In nearly all
parts of Gaotarn Oregon. Tha demand Is
rtrong and tha readiness with which grower
are selling Indicates that there will not be
enough left for the scheduled sales days to
tnaka tha sales a success. Soma dealers es
tlnrato that about half the staple wools of
the at ate nave been eold.
wool cm ring has been heavy lately In the
vicinity of Pilot Rock, moat transaction
there being at 20 cents. Jame Hackett,
for C H. Green, bought, among other cMpa,
those of Donald Ross, Mrs. J. I. Luhrs, Glen
Luhrs, Douglas Belts, Herbert Boylen and
1. I Mann. Lawrence Sweek, of Monument,
sold to Emery his entire crop of wool, con
vLstlng of 2660 fleeces, for 20 cent per
pound, and states that Mr. Cilery wants
all the wool In that vicinity at that price.
J. J. Sltnaj also sold 8000 fleeces at the same
Further sale have occurred In Idaho at 20
to 21 cents and In all parts of the vVest com
petition la keen. In Montana sheepmen are
now asking 25 cents and In a. few Instances
28 cents for their clips, but neither figure
haa been given, according to late advices For
ona special clip of a small quantity running
to three-eighths In grade 24 cents waa paid
the other day, but, generally speaking, the
current range of values Is from 22 to 23 cents.
With extreme prlqes demanded In Idaho, soma
buyers went Into "Wyoming recently and
bought clips In tha Rock Springs section at
21 Va to 22 H cents. Other transactions are
being consummated around Rawlins, where
the going price touches 23 'cents and even
23 'a cents. Growers in Wyoming ar becom
ing excited aa buyers appear more anxious to
obtain the new wools, and prices are ad
vanced accordingly. tit ah and Nevada are
about cleaned up, while new California wools
are pract lea 11 y out of the growers hands.
Shearing is general In every state but Mon
tana, and as the wools of ajl sections have
been well culled over by' Eastern men since
tha beginning- of contracting, many of the
best clips will not be found on tha market at
closing of the mohair season.
IoraJ Trade Handles) Larger Quantity Than
The mohair season la nearly at aa end.
Oregon dealer this year handled more than
ever before. Not less than B30.00O pounds
passed through -their hands, of which, how
ever, about 100,000 pounds were of last year's
dip, A considerable quantity of mohair
grown In other states was also marketed here,
Aa a mohair market Portland Is growing in
Importance. The building of the large mills
here will doubtless make Portland the mohair
center of the West.
Eastern trade papers note a marked Im
provement In the mohair goods market, with
prices advanced about TVs Pr cent. This rise,
which la caused by the higher price of the
raw material, has not checked trade ha any
way, but has rather stimulated It. In the
meantime mohair dealers at Boeton quote
the tialr market unchanged, as shown by the
following from the Commercial Bulletin;
There Is np change In the local situation,
manufacturers continuing uninterested la the
offerings. Prices. however, are holding nomi
nally steady. Quotations: Domestic comb
ing, 2r628c; carding (choice), 2225c; card
ing (average), 17fiM9 Inferior, -1416c; noils
(first combings), 16MSc; noils (second comb
IJGHT DEMAND FOR SPOT WHEAT.
Some Business Worked In New Crop Blue-
There waa not much demand for spot
wheat yesterday. Club was offered at the
Merchants' Exchange at $1.20 without tak
ers. Some business was done In new crop
blue stem at private terms.
Oats and barley were firm and tha latter
particularly waa very scarce. Shipments of
barley from California to Portland con
tinue. Local re eel pts. In cars, were reported by
the Merchants Exchange aa follows:
Wheat Barley Flour Oats Hay
May IS .. IS 8 22
May lo x l X 3
Way 11 2
Total last week. 32
6 3 3
57 27 34
l-ARGEST RKCFIFTSOF STRAWBERRIES
Market Heavily Stocked and Frlres Are
Front street was well filled with berries
yesterday, between 40O0 and 5O00 crates
coming In on the several California trains.
Frices accordingly slumped and the low
Quotations enabled most of them to be
sieved. The best Dollars brought $1.50 -per
crate, but the larger part of the fruit sold
much lower,, some of the Jessies going at
60 centa The weather has not been favor
able for the ripening of Oregon berries,
but It is hoped that a better supply will be
on hand later this week. What were of
Jered yesterday brought 12 H cents a pound.
" Two cars of Wlnnlngstadt cabbage and
l ear of Bermuda onions were received.
Poultry unci Butter Firm.
The eg markot n quoted firm yester
day mt the old prices. Some shipments
were made north, but advices from Valley
points were that Seattle " buyers wer. of
fering; more there than they would pay to
Poultry of all kind, cleaned up readily,
the demand for chickens beinc strongest.
Butter of all kinds was In ood demand
and the tone of the market was flrm
Clearings of the Northwestern iti..
terday wer. as follows:
. .Il.667.79, I 7J045
Grain. Floor. FM4, Kte.
WHEAT Track prlcea: Bluestem mtlllns.
11101161 club. 1120; Valley, 1.1T; red
r-IXUR Patents. 05 per barrel;
straight. $5.10; exports. $4.70; Valley, $3.30;
graham, $5 00; whole wheat, quarters, $5.so.
'CORN whole, $35 per ton; cracked. se
BARLEY Feed, $34 per ton.
OATS No. 1 white, $40 41 per ton..
MIL.L.STUFFS Bran. 26.5o per ton; mid
dlings. 133; shorts. t29Vl; chop, $2430;
rolled barley. 36 if 37
HAY Tlmotny. Wlltamena v iiey. v
nrr ton: F.antorn Oregon. 11S20:
clover. fll&12. alfalfa, $1314; grain hay.
13W14; cneai. iwi.&u; veicn. iwibv-
Vegetable and Fruit.
FRESH FRUITS Apples. 3c$2.5 par
box. Strawberries, Oregon, 124c lb.; Cali
fornia. G0c$1.50 per crate; cn-erries, tacvt
$1.50 per box.
tsj l ATUiis nuying price, s per uuu
dred; new California. 4S5c per pound.
SACK VEGETABLES Turnips. si.za per
ick; carrots, $1.25; parsnips, fl.&O; beets.
$1.75; horseradish. 10c per pouna.
TROPICAL FRL lT8-Oranrea, naveis.
$3.25 per box. lemons. $1.754; grape fruit,
S3.50&4 per box: bananas. 6 4? 6o per
pound; pineapples, $4.50 5 per crate.
UMU-S .New )i.au per crate.
veoetari.es Artichokes. tW(675c dox;
asparagus, Oregon. 75c per dozen: California,
4 4t ttc per pouna ; Deans, li'iigiiic- caw-
base, Z his 0 oSs-c per id. ; cbuiiiio w ei , i u i.mj
per dozen; cucumoars, ocwi-- per auwn,
lettuce, hothouse. $1 1.50 per box ; lettuce.
head. 20 & 60c per dosen ; onions. z va
15c per dozen; parsley, doc per aozen.
peas, 4fffnc per pouna; raaisnes. lofo
per aozen; rn uuhid, cvdu ttrt .
Spinach. 90c 9 $.1 : tomatoes. Florida, $2.60
Zo per crate; .Mexican, per t-i a. .
Dairy and Country Produce.
BUTTER City creamery, extras, -26c;
fancy otualde creamery, 22 2 6c per
lb.; store, ISc. (Butter fat prices aver
age 1 V- cents per pound under regular but
ter prices. )
EGGS uregon rancn. ziozoo per
POULTRY Kens ltfPl5Uc: trllers,
80c; fryers, 22425c; roosters, 10c; ducks.
144il5c; geese. 10 11c; turkeys, 20a;
squabs. $2.50 8 per dozen.
CHKESJjr rancy cream iwios,
per lb.; full cream triplet. 1717Vc; full
cream. Young America. 13 l81c.
VEAL Extras. 98He per pound; ordi
nary. 8H93: heavy, 7&3o.
FORK. Fancy, ioc per pouna.
Hopa, Wool. Hides, Etc
HOPS 1BQ9 contract. c per pound; 1908
crop, 8S4c; 1907 crop, 334c; 1908 crop.
WOOL Eastern Oregon, 16 81c per
pound; "Valley, fine, 24c; medium, 23c;
MUnAiK cnoice, Z4tffZbo per pouna.
HIDES Drv hides. No. .1. 16(317c lb.:
dry kip. No. 1, 1516c pound; dry calf
skin, 18819c pound: salted hides. . 9 8 9 Vic;
ealLed calfskin, 13(3" 14c pound; green, la
FURS No. 1 skins: Angora goat, si to
11.25; badger, 23&n0e; bear, 8Q'20; beaver,
86.50g;8.M); cat, wild, 75c-$1.50; cougar,
perfect head and claws, $310; fisher, dark.
9 i.DO o ii ; paie. f i.u' t ; ioi, cross, 4
to 80; fox, gray, SOtgSOc; fox, red. :t55;
fox. stiver, $30 to $100 - lynx. $8 15 ;
marten, dark, $812; mink, 3.50tf5.0;
muskrat. 15tfl25c: otter. $2.504; raccoon.
60 75c; sea otter, $100 250 as to size and
color: skunks, oo&ttOc: civet, cat, xuqrioc;
wolf. 92 & 8 ; coyote. 7Cc $ 1. 25 ; wolverine,
dark. $3(3 5; wolverine, pale. $2$ 2. 54.
I.ASVJAKA' iiAtvtv. i-'er pouna. do.
Groceries. Iried Fruit p. Etc
DRIED FRUITBr- Annies. 8A ner lb.:
Peaches, 7H-8c; prunes, Italians, 0V.t&64c;
prunes, rencn. c; currants, unwasnea,
cases, 9H'C; currants, washed, cases, 10c;
figs, white fancy. 5U-lb. boxes, 614c; dates.
SAUdON Columbia River. 1-lb. tails.
2 per dozen: 2-lb. talis, $2.95; 1-pound
ats. 82. 10W Alaska Pink. 1-pound tails. 95c:
red, i-pound talis, $1.45; sock eyes, 1-pound
COFFEE Mocha, 24S2Sc Java, ordinary,
16(5 l$c : ordinary, 12 l6o per pound.
NUTS Walnuts. 120 13o ner Dound by
sack; Brazil nuts, 16c; -filberts, 15c; pecans,
7c: almonds, ,13 14c; chestnuts, Italian.
llo; peanuts, raw, oc; pinenuts, 10
12c; hickory nuts. 10c: cocoanuts. 90c ner
SUGAR Granulated, $6.05: extra C. $5.55;
golden C. $5.45; fruit and berry sugar, $6.05;
nonoiuiu plantation, nne grain, o.nu;
plain bag, $5.85; beet granulated, $3.85;
$6.45: powdered (barrel).
On remittances within 15
days, deduct 4c per pound; if later than 15
days and within 80 days, deduct 3Ac per
pouna. mapie sugar, luorioc per pound.
SALT Granulated, $13 per ton, $1.90 per
bale; half ground. 100s, $7.50 per ton; COS.
IS per ton.
Pro vis tons.
BACON Fancy, 22o per pound; standard,
19c; choice, 18c; English, 1617c.
' DRY SALT CURED RejruMr short clears.
dry salt, 13c; smoked, 14fec; short clear
backs, heavy dry salted, ISHc; smoked
flc; r-iron exports, ary salt, uc;
smoked, 15 He
HAMS IO to 13 lbs.. -IBHc; 14 to 16 lbs.,
l&H-c 18 to 20 lbs., 134o; hams, skinned,
15Hc; picnics, 11c; cottage roll, 12c; shoul
ders, -lie; boiled hams. 2223c; boiled pic
LARD Kettle rendered: 10s. 15c: 0s,
15Hc; Standard pure: 10s. 14c: 5s. UUc:
Choice: lOs, 13c; os, JSHc;. Compound;
1. ttUf .la fl
SMOKED BEEF Beef tongues. each,
60c; dried beef sets, lc; dried beef out
sldes. 17c; dried beef lnsides. 21c; .dried
UOCI KI1UI H ICS, JtC.
PICKLED GOODS Barrels: Pigs feet,
$13 : regular tripe, $10 ; honeycomb tripe,
$12; pigs' tongues, $19.50.
ai r-fta m n, a j jeer, specials, $12 per
barrel; plate. $14 per barrel; family. $14
per barrel; pork. $20 per barrel; brisket, $22
ROUGH Dimensions. 2x4 to" 14x14 to 38
feet. $11; 34 to 40, $12; 42 to 60. $13; 63 to
ow, i i ixa io ixi3 rougn, xiz: 1x4 com.
sis., $11; 1x8 com. sis., $12; cull, 1x8 and
wider sjs. $8; cull, 1x4. sis.. $7; cull, 2x4 to
2x12 slsed, $8; ship lap, com., $18; cedar,
FLOORING 1x4, No. 1 V. G., $30; No 2
V. G., $25; No. 3, $15; No. 8 slash, $18; 1x8
sicLHii. jasi i ft-incn nooring, $4 extra.
RUSTIC lx and 1x8 No. 1, $26; No. 8
v or cnan., i; ao. s special pattern, $21:
No. 3. all patterns, $15.
CEILING 1x4 and 1x8 No. 1, $26;. No. 3
$28; No. 3. $15.
LATH 1-lnch, $2.50; lH-lnch, $2.60.
STEPPING Up to 12-lnch. No. 1, $38;
- a, ixs, o. Z. 117.
DOOR JAMS Up to 12-lnch. No. 1, $38
No. 2, $21; No. 3, $15.
r reen r inn ana Shell Flub.
FISH Halibut. 6c lb.; black bass. 20c
striped bass. 18c: herrlns-s. sue: flmmrief.
6c; catfish. 9c: shrimp, 12V&C: torn cod, 8c;
percn, oc; BiurRwn, I2c; sea trout, loc
salmon, 89c; shad, 4c.
OYSTERS Shoalwatrr Bav. ner r.llnn
$".i."i; per sack. $4.50; Toke Point, $1.90 per
PORTLAND LIVESTOCK MARKETS.
Frices Current Locally on Cattle, Sheep and
Livestock' receipts yesterday were better
tnan they nave Deen tor a fortnight, but
supplies had run down so low that tl&
added stock naa no Daa errect whatever on
the market. Prices . were unchanged
throughout the list
Hogs continue to be the strong feature
or the market Decause oz tne limited sup
ply available. Sheep hold their own and
cattle are steaay, Dut dealers look for
decline in the latter soon.
Receipts yesterday were 536 cattle. 287
noprs ana 3 srveep.
Late sales at the yards Included: 42 half'
fat hogs, average 148 lbs., 17.25; 15 cows
and heifers, average in ids., sj.&o: z cows,
average 1125 lbs.. JS 60: 1 bull. 1510 lb.
3-50; 4 steers, average 1105 lbs., $5.50- 6
steers, average 8S3 lbs., $4.60.
Local prices quoted at the yards yester
day were as xonows:
CATTLE Steers, top. SS.50S5.75: fair to
good, $5.00(95.26; common to good, S4.50Q
4.75; cows, top. S4.254.50; fair to good,
$3.754.25; common to medium, 8S.50 f? 8.50 ;
calves, top. $5.005.60; heavy. S3. 50 4.00 :
bulla and stags, 83.003-50; common. S2.00
HOGS Bst. J7.507.75; fair to good,
$7,25 3? 7.50; stockers, $6.OO6.60; . China,
SHEEP Top wethers. S4.00Jf4.50; fair to
good. $3,5044.00: ewes, He less on all
grades; yearlings, best, $4.50; fair to good,
$4.ot(94.25; Spring lambs, $5.
Eastern Livestock Markets.
KANSAS C1TT. Msy 12. Cattle Recelnts.
80M; market steady; native steers. $5.25
. . . . . .... .. .i i.-ifs ft mir r.n r . . . . 1-
ere and feeders, $4.005-80: bulls. $S 50g
5.50: calves. $4.007.ttO: Western steers,
$5.256.65: do cows. $3. 755.75.
Hogs Receipts. 17.000; market weak to 50
lower; bulk. S6.SO0 7.20; heavy. $7107.25;
packers" and butchers', $6 90 7. 20; light.
$6 507.00; pigs. 85.75W 6.50.
Sheep Receipts. 10.OO0; market steady;
muttons. 5.2r&6 75: lambs. j'.509.25;
wettrers and yearllnga, 3.00i&7.75; ewes,
OMAHA.' May H. Cattle Receipts. 2S00:
market lOo to 15c higher: Western steers,
IS. 50tit6.25: cows and -heifers, $2 755.25;
canners. $2.O0tf3.75; sTbckers and feeders,
(3.OO5S0: calves. $3.250 7.00; bulls and
stars. S3 00 5 60.
llogs Receipts. 10.OO0- market strong to
5c higher; heavy, $T.10tf7.30; mixed, 16.90
7.10; llpht. $6.TOi 7.15; pigs. 15.006 6.50;
Sheep Receipts. 2200: market slow to 10c
lower: yearlings, S5.75S?6.75; tvethera, $5.50
. 10; ewes, $5 256 25: lambs. 18.90lg9.30.
Germany is freely Imitating American pat
tern. In the manufacture c-f farm Implements
and machinery, though American harvesters
still predominate. -
Stock Market Dealings.
TONE IS VERY UNSETTLED
Reading the Central Figure in the
Day's Trading Increasing De
mand for Loans Bonds
NEW TORK. May It. There were sen
sational features in today's market, but
the failure of the general mark to re
spond to the extraordinary movements in
special stocks was Its most remarkable
feature. Spasmodic starts In one stock and
another developed In succession, but In
the intervals the market lapsed Into dull
ness and apathy.
Reading was the central figure In the day's
dealings and its fluctuations were violent
and frequent. It touched new record levels,
with the exception of Its rise to 164 in
Th first Jump In the nrlcs of Readlna
found other favorites of the traders slug
gish and unresponsive. When this was cor
rected by an aggressive advance in TTnion
Pacific. Reading slipped back over th-e
whole of Its previous upward course. Then
sgain, when Reading was pushed to a new
high level. Union PacUc lost all of Its ad
vantage, giving the appearance of unavail
ing efforts by the supporters of the mar
ket to keep the whole llFt moving to
Belief that the market was being manip
ulated to cover the real nature of the opera
tions going on unsettled confidence.
Th strike of the French government em
ployes was of no apparent influence in the
markets. There' was an engagement of
8300,000 In gold bars here for export to
The demand for loans Is Increasing, es
pecially for fixed periods, and the supply
offering Is reported by brokers to be grow
ing less. Commercial paper is also grow
ing more abundant. Heavy issues of pro
posed railroad securities remain to be
financed. The call loan branch of the
money market remains tranquil.
Attention was attracted to an assertion
of an influential banker that the specu
lative deal in the wheat 'market was
financed, not In Chicago, but In, New York.
The late tone of tho market waa greatly
unsettled and the closing tone irregular.
Bonds were Irregular. Total sales, par
value, $7,292,000. United States bonds were
unchanged on call.
CLOSING STOCK QUOTATIONS.
sales. HiKft. jow. sia.
Allis Chalmers pf 800 50 50
Amai uopper .... 21.VOO
Am Agricultural .. 100
Am Beet Sugar.. 6.0UO
Am Canp f 7,400
Am Car A Foun. 5,300
Am Cotton Oil...
Am Hd A Lt pf.
Am Ice Securi...
Am Linseed Oil..
Am Smelt sc Ret..
Am Sugar Ref...
- 800 104
Am Tel A Tel
Am Tobacco pf . .
Am Woolen . . . . .
Anaconda. MIn Co.
do prererred . . .
Atl Coast Line...
Bait & Ohio
do preferred . .
Biook Rap Tran. 12,200
1.700 181 it 180 181
6.800 . 30 30 30
do preferred . . . 5o0 104
Central of N J... 1.300 298H
Ches A Ohio 23.500 79 -
Chicago A Alton 3,200 72
Chicago ' Gt West. 1.900 6H
Chicago A N W.. 2,700 184
C, M A St Paul.. 10,600 152
C, C. C A St L
Colo Fuel A Iron 2.900 40
Colo A Southern... 800 . 65
do lwt preferred
do 2d preferred. 4O0 81
Consolidated Oaa. . 25,100 14214
corn products ... 17,000 24
Del A Hudson.... 14,400
DAS. Grande ... 2,604'
do preferred . . . 400
Distillers- Securi.. 6.800
do 1st preferred. 9. 400
do 2d preferred. 4,000
Gt Northern pf...
Gt. Northern Ore..
Illinois Central . . .
Inter Harvester . ,
Inter-Marine pf . .
Int Pump ........
K. C Southern
do preferred . . .
Louis A Naehvllle
Mex Nat Ry 1st of
Minn A St L 100 58
M. St P A 3 9 M. 6O0 137
Missouri Pacific. 18.4 76
Mo. Kan A Texas 15.000 43
do preferred ...
National Biscuit.. 400 107
National Lead T.700 894
N y central
N T, Ont & West
Norfolk- A West.
Pacific Mall ...
Pennsylvania 10.100 1S5TI
People's Gas .... 7.400 11 8
P. C C St Ij. ." iuu hi
Pressed Stel Car. 600
Pullman Pal Car 1O0
P.y Steel Spring.. 100
Reading .. 218.500
Republic Steel ... 2,800
do preferred ... 8.100
Rock Island Co. .106.800
do preefrred ... 15.100
St L & S F 2 pf. . 900
St L Southwestern 600
do preferred ... 1.900
Southern Pacific. 21,800 12.1M,
do preferred ... 40O izna
Roiith.ni Railway (3.90O 80
do preferred ... 600 6S
TVnn Copper 900 44
Texas A Pacific. 900 84
Tol. 8t L ft West. 400 61
do preferred ... 100 69
Union Pacific ... 94.800 190
do preferred . . . 900 96
TJ S Realty .: 6.600 83
II S Rubber 3.100 40
U S Steel 64.700 58
do preferred 2.700 119
T'tah Copper 1.000 Vi
do preferred ...
Western M4 ....
Wheel L Erie..
400 12 11 i:
300 89 59 88
Total sales for ths day. 1.087.800 shares.
NEW TORK, Msy 12. Closing quotations:
TJ. S. ref. 2s reg.l01N T C Q 3s... S3
do coupon. .. .101 iNorth Pacific 3s. T5
U. S. 3s reg. .. .101)North Paclflo 4s. 102
do coupon. ... 103 (Union Paelfio 4S.103
TJ S new 4s reg.119 IWIScon Cent 4s. 85
do coupon. ... im jaiwieu o
A R Q 4s 96l
Stocks at London.
IjONDON, May 12. Consols for money.
S3 1-16; do for account, 85 1-16.
10!N. T. Central. . .133
Bait A Ohio..
Norflk A West.. 94
do pref. 90
118fcnt A West 50
Can Pacific 183
Ches & Ohio 80
Pennsylvania ... TO
Rand Mines 8
Chi Git West.
C. M. AS. P. .
D R G
do 1st pf . . .
do 2d pr...
L ft N
Mo K 4 T
Southern Ry.... 30
do pref 70
52teouth Paclflo 125
Union Pacific. ... 1H
do pref fl!
5Stt U. S. Steel 59 4
.43 do pref. 124
.150 do pref 53
.142'ppanish 4a fM
. 44lAmal Copp.r. ... 85
Money, Exchange, Ktc
NEW TORK. May 12 Money on call,
wteady at 14j2 per cent: ruling rate. 2 per
cent: eloHng bid and offered a 1 per cent.
Time loans. tron; 60 days, 2 per cent;
90 days, 2K per oent; six months, SM Per
Prime mercantile paper, 81494 per' cent.
Sterling exchange, firm, with actual busi
ness In bankers bills at S4.8635ff4.8S45 for
60-day bills and at $4.8775 for demand. Com
mercial bills, e4.S5S4.86'A.
Bar sliver. 52c.
Mexican dollars, 44e.
lirmda Government, steady; railroad. Ir
regular. , ,
LONDON. May 12. Bar silver, steady at
24 S-16d per ounce.
Money, 4 per cent.
The rate of discount In the open market for
short bilks Is lW! B-16 per cent; for three
months' bills. H41 5-16 per cent.
BAN FRANCISCO. MaT 12. Silver bars.
Mexican dollars. 4Tc.
Drafts Sight, 2c; telegraph, 4c.
Sterling on London, 60 days, 14.86H; sight.
Dally Treasury Statement.
WASHINGTON, May 12. Today's state
ment of the Treasury balances in the gen
eral fund exclusive of the $150,000,000 gold
Gold coin and bullion $ 4$, 993. 400
Gold certificates 88,996.760
Available cash balances I3i,itn.i
BUTTER QUOTED HIGHER
SEATTLE CREAMERY MARKET
ADVASCE8 TO 2D 43ENTS.
Large Orders Received From Alaska
Must Be Filled With Out
SEATTLE, Wash., May 12. (Special.)
Washington creamery butter was advanced
to 29 cents per pound today, due go the re
cent advance In the Portland and San Fran
cisco markets. Alaska orders are heavy
now and cream .receipts are only equal to
the local demand. Dealers say they will
have to Import outside butter to fill present
Eggs continued to sell at 28 to 20 cents.
Poultry was scarce today. Broilers are mov
ing better than any - time this year.
A car each of Florida celery and pineapples
arrived today. The celery is bringing $4.50
and the pineapples $5 to $5.25. Two cars
of Florida tomatoes due today were held uv
at Billings to be Iced, ea. the tomatoes were
becoming overripe. One car will probably
arrive tomorrow and th. other Friday.
Berries were weak, with $1.50 tha top price
asked. The first big shipment of Sumatra
oranges arrived and are selling at $3 to $3.25.
The top price on navels has dropped .to $3.25.
Veal was steady at 10 cents per pound.
Grain prices were unchanged.
QUOTATIONS AT SAN FBANCISCO.
Prices Paid for Produce In the Bay City
SAN FRANCISCO, May 12. The follow
ing prlcea were quoted la the produce mar
Onions Oregon, nominal.
Millstuffs Bran,. $28.5030; middlings.
Potatoes Oregon Burbanks, $2.252.40;
Salinas Burbanks, nominal; sweets, $1.26
Vegetables Hothouse cucumbers. 50o 1 :
garlic, 8 10c; green peas, 75c$1.25; string
beans, 51!h; asparagus, 50c$1.75; toma
toes. $11.25; egg plant. 20&25C.
Butter Fancy creamery, 5c; creamery
seconds, 24o: fancy dairy, 23c.
Poultry Roosters, old, $45; young, $9
12; broilers, small. $2.50(8.50; . broilers,
iargs, $4 0 5.50; fryers. $7 8.50; hens, tiff
10; ducks, old $55.50; young, $68.
Eggs Store, 24 c; fancy ranch. 26c.
Cheese New, 1213c; young America,
Wool South Plains and San Joaquin, 10
6'lflc; Mountain, 6'10c: Nevada, 1318c.
Hay Wheat. $23.5027.60; wheat and
oats. $2$26; alfaUa. $1012; stock, $119
12; straw, per bale, 5080c
Fruits Apples, choice, $1.50; common.
$0c; bananas. 75c$3; limes, . $4.605;
lemons, choice, $3.25; commons, -$1; oranges,
$1.2o3.00; pineapples, $34.
Receipts Flour, 1038 sacks; wheat, 15
centals; barley, 8810 centals; oats. 815 cen
tals: beans, 355 sacks; potatoes. S635 sacks;
bran, 10 sacks; hay, 120 tons; wool, 1911
bales; hides, 725.
NEW TORK, May 12, The London tin
market was lower today with spot quoted
at 132 12s 6d and futures at 133 12s 6d.
The local market was weak and a little
lower in consequence with spot quoted at
Copper declined to 59 Is 3d for spot
and 59 15s for futures In London. The
local market remained quiet with lake
quoted at J3. 12 13.37 c; electrolytic at
12-75 fi 13c; casting at 12.62 12.87 c.
Lead was lower at 18 6s In London. The
local market was firm and higher with
spot quoted at 4.30494.35c In consequence of
an advance in the selling price of the
Spelter was higher at 21 ,17s 6d In Lon
dan and quiet and unchanged at 6.02 &
Iron was lower In the English market.
with Cleveland warrants quoted at 48s 3d.
The local market was unchanged: No. 1
foundry Northern, $16016.50; No. 2 $15.75
Q)l-2&; JNo. X southern, xia. 75016.25.
Eastern Mining; Stocks.
BOSTON, May 12. Closing quotations:
Adventure 9Mont C A C 20
allouex 40 Nevada 21
Amaigamaiea .. ejtiLiia uominion... 55
Ariz Com...... 44 'Dsceola 135
Atlantic 10 Parrot 34
Butte Coal 26 Qulncy . 91
Cal A Ariz 103'Shannon 15
copper nauge... ou 1 amarack 70
Daly West 9Trinity 14
rranKiin . a. Alining.... 46
Greene Cananea 10tr. s. Oil 3a
tsle Royale 27iL'tah 42
Mass Mining.... 14 Victoria 5
Michigan 12 Winona 5
juonawa ....... wiionn uuito. ... eos
NEW TORK, May 12. Closing quotations:
Brunswick Con. 6
Com tun stock. 27
do bonds 17
C C A Va 63
Horn Silver 123
Iron Silver..... 43
Leadville "Con... 10
Little Chief 7
Yellow Jacket... 60
Dried Fruit at New York. -
NE7W TORK, May 12. Evaporated ap
pic., .rauy, mncy, BilBc; choice. 70
iii.c, oioiotc; common to fair Jt
Prunes are firmer on the rnji.t
surplus supplies In the, local market In
storage, the- market Is steady with quota
tions ranging from 2c to 12o for new
crop California, and from 6c to 9c for
W. o.uus III .VOVI.
Apricots are firm, demand light; choice.
5?2iV: EXtra cholce- 1010c; fancy.
Peaches, quiet; choice, 66c; ex
choice. 606c; fancy, 78c.
KaiBins appear to Te attracting some
vwumuYo uemanu. jlooso muscatels. 8
4c; choice to fancy seeded, 48c
seedless. 35o; London layers. $113 0
1.20. - .
Flaxseed at Minneapolis. "
aus.MAruus, May 12. Flax. $1.6$.
Coffee and Sugar.
.NKW yokk.. May 12. Coffee futures
cioseo. sieauy. net unchanged to 6 points
nigner. o&ies were reportea or 20,600 bage.
inciuaing juay v.uoo; June, e.75o; July.
6.60o; September. 6.10c Havre closed net
unchanged to o lower. Spot quiet. No.
7 Rio, 808e; No. 4 Santos, 8 So.
Mild dull. Cordova, 90i:o.
Sugar Raw firm. Fair refining, 3.420
centrifugal 6 test, S.92c; molasses sugar,
8.17c. Refined steady, crushed, 5.65c; pow
dered, 5-05c; granulated, 4.95c.
Dairy Produce in the ast.
CHICAGO, May 12. Butter Steady. Cream
eries, 2225c; dairies, 198"24c.
Egge Steady; at mark, cases Included, 18c;
flrats, 20o; prime firsts, 21c
Cheese Steady. Daisies, 15154c; twlas,
141Qlc; Young Americas, 14feMc; long
NEW TORK, May 12. Butter Steady,
Cheese Easy, unchangd.
Eggs Finn. Western firsts, 2121c.
Wool at St. Louis.
ST. LOUIS. May 12. Wool Strong. Me
dium grades, combing and clothing, 25 1&
SOHc; light fine. 2227c; heavy nne, 16
22c; tub washed, 2786Hc.
BEARS HAVE INNING
Hammer Down Wheat Prices
1 lVlAKlC I
News of the Iay Tends" to Increase
the Selling Pressure Slack De
mand for Cash Gran at
CHICAGO, May 12. The slump In -wheat
prices occurred during the last naif of the
day. the market prior to that time display
ing moderate firmness owing, lt was said,
to covering by holders .of "short" wheat
for the account of a firm whose trades had
been tranferred to another house. News o-
the day was generally favorable to the
bears, who took advantage of their oppor
tunity to pound the market vigorously. De
mand for cash wheat at the leading grain
centers of thia country was extremely slack
and Winnipeg reported that cash brokers
there were trying to re-sell consignments.
Foreign markets failed to follow the up
turn here yesterday, which tended to fur
ther tncrease the selling pressure. July sold
between $1.12 and $1.14. and closed
weak about c above the low point at
Strength was displayed In the corn mar
ket early, but th.j market, closed barely
steady. May waa relatively ths strongest
option and at one time showed a gain of
10 from the final quotations of yester
day. Prices closed o lower to o
Oats were bearlshly affected by the slump
In wheat, but prices made only slight re
actions. The market manifested decided
strength because of active eoverlnc by
shorts who were aroused by "an advance of
to o In the price of the cash s-raln.
At the close, prices were o lower to o
nigner with July at 62c.
Provisions were moderately firm. Prlcea
i xno oiose were 2o lower to 10c higher.
in. jeaoing rutures ranged as follows:
July 18.17 18.20
P' ia.16 18.17
May 10.45 10.55
July...... 10.52 10.60
sept 10.62 10.73
10.02 10.10 10.0!
10.10 10.16 10.10
Cash quotations were as follows:
flour Klrm. -
Rye No. 2. 82 0 83c.
Barley Feed or mixing. 69fiz71e
iu ciioiue malting, tvizc.
Flaxseed No. 1 Southwestern, $1.59
No. 1 Northwestern, $1.68.
Timothy seed $3.80.
Pork Mess, per barrel, $18.05 (f 18.15.
Lard Per 100 pounds, $10.50 010.57.
Short ribs Sides (loose), $10010.10
Sides Short. clear fboxedl. S1A.1TUA
Total clearances of wheat and flour Vert
equal to 60,000 bushels. Primary receipts
were 187,000 bushels. The visible supply
of wheat in the - United States 839.000
bushels for the week. Estimated reoeipts
lor tomorrow: wheat, 3 cars; corn, 81 cars
oats, 1$ cars; hogs, 2S.000 head.
Flour, barrels $3,700 32.900
Wheat, bushels......... 9.600 147,800
Corn, bushels .....J77.500 200,700
Oats, bushels. ......... .315.500 841.600
rtye. Dusneis. ......... . l.ouo 11.400
Barley, bushels 72,000 7.900
Grain and Produce at New York.
NEW TORK. May 12. Flour Reoelptfl,
22,457 barrels; exports, 6570 barrels. Quiet
and about steady.
Wheat Reoeipts, 61,600 bushels. Spot
easy. No. 2 red, $1.42 H elevator; No. a
red, $1.4S nominal f. o. b. afloat; No. 1
Northern Duluth, $1.82 f. o. b. afloat;
No. 2 hard Winter, $1.82 f. o. b. afloat.
The wheat market was quite unsettled to
day on conflicting crop news, ending with
a severe decline on reports of rain In Kan
sas. Bulls cave very little support and
seemed to be selling; on the hard spots.
Last prices were to la net lower. May
closed $1.84; July closed $1.19; September
closed $1.12. .
Petroleum -S teady.
Grain at San Francisco.
FRANCISCO. May 12.-
W h eat Sh lpp in ,
$2.1008.15; ml Ulna-,
$2.10 (& 2.20.
Barley Feed, $1.52 1.60
Oats Red. 2.05J.rO; white, $2.15(93.26;
Call board sales
Wheat No trading;.
Barley May, $1.59; December, $1.87.
Corn Large yellow, $1.7091.76.
European Grain Markets.
LIVERPOOL, May 11. Close: Wheat,
July, 88 llftd; September, Bs 6Hd; Decem
ber, 8a 8 d.
LONDON, May 12. Cargoes, quiet but
steady. Walla Walla on passage, 4 4s to
English country markets, soma higher,
some lower. Frenoh country markets, Una
-Wheat at Seattle.
SEATTLE, May 12- No milling quota
tions; bluestem, $1.24; red, $1.09; club,
$1.14. Receipts: Wheat, four cars; oats,
Wheat at Tacoma.
TACOMA, May 12. Wheat Milling, blue-
bought and. sold
at attractive rates
at all times.
' tiXTUd PmoneJ lAobOUf
CORNER SECOND AND STARK STREETS
Oldest Bank on Pacific Coast
Interest Paid on Savings Accounts and Certificates of Deposit
We Issue Letters of Credit, Foreign Drafts and Travelers Checks
W. M. LAUD, President.
BDW. COOKINOHAM. V.-Presldellt.
W. H. DTTNC7KX.EY, Cashier.
H. S. HOWARD, JR.. Ass"t Cashier.
Xa W. LAOD, Ass't. Cashier.
WALTER M. COOK. Ass't. Cashier.
THE BEST STREET INSURANCE
IS THE BITULITHIC PAVEMENT
It insures against dost, mud and street noises.
It insures against Elipperiness 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 perfeot satisfaction.
BITTJLITmO INSURANCE IS SAFEST AND SUREST
WARREN COSTRUCTION COMPANY
317 Beck Building, Portland, Or.
stem. 1.25l.a0: elub. $1.14: export, blue
stem, U.24; club. 11.14 s red, 11.09.
Sm Tork Cotton Market.
ymW YORK, May 12. Cotton futures
closed nerrous. . May, 10.99c; July. 10.82c;
July, 10.78c; August. lO.TSo; September and
October 10.T4c; November and December,
10.T7OI January. 10.74c; March. 10.73c.
Spot cotton closed Quiet. 20 points higher.
Mid-uplands, ll.soo; nua-uuii.
624 bales. ,
London Wool Sales. ,
LONDON, May 12. The offerings at the
wool auction sales .today amounted to
14.82.1 bales and they were readily taken.
Prices remslned Arm and the recent high
level was occasionally exceeded, especially
in the ease of fine scoured taken by con
tinental buyers. Americans bought freely,
paying 15 to 23 per cent advance for suit
able -wool, especially crogsprea-.
CAXXi OR yVTUTB
T. S. McGRATH
8. S. Senator, from Seattle direct,
J una 2.
B. 6. Umatilla, from Ban FranclKO
via. St. Michael. Jun 1.
Wireless TeleKTsph on Both Steamers
Through tickets to Fairbanka and
pofnta on Yukon, JCoyukuk, Innoltu
and Tanana Rivera.
Rates $35 up according to accom
modations; arte tor ires "Noma
Reservations for above sailing
should be made at once.
E. F. DEORA' DPR fi,' Agent.
Paclflo Coast Steamship Company,
249 Washington SC., Portland.
fiAN FRANCISCO PORTLAND S. 8. CO.
Only direct steamer and daylight saiilnc
frora Ains worth Dock. Portland. 0 Jl. 1C
8.5. State of California, May IS, 9, ete.
S.S. Kose City, May 22, June 6, etc.
From Lombard St.. San Francisco, 11 A- If.
S.S. Rose City. May 15- 29, etc.
fc.ti. fct of California. May 22. etc.
- J. w. Ransom, Dock Agtnt
Main 268 Alnaworth Dock.
M. j. BOCH, City Ticket Agent. 142 Sd St.
Phone Main 402. 1401.
SM -a mjL3 X, i. 11 sr.
Surplus and Profits $500,000
HENRY I CORBETT.
WILLIAM M. LADD,
CHARLES E. LADD,
3. WESLEY LADD.
B. B. LINTHICUM,
FREDERICK B. PRATT.
THEODORE B. WILCOX.
. TRAVELERS' GU1DEJ,
London Paris Hamburg.
CHsvel'd (new) May 22'DeutschIand June 5
Pr.Qrant(new)May ae!Pr.Llnc'ln(new)June 9
Kals. A. Vic May 29Clnc!n'tl(new) June la
Pennsylvania. .June 2BIuecher June 1
iw uinwD a la iarte Restaurant.
via Azores Gibraltar.
Maples and Genoa.
S. S. BATAVIA l.Tune S. July 29
" MOLTKE tJune 10, July 23
" HAUBUBO t'July 1. Au( 14
IGlbraltar. 'Naples and Genoa.
Summer Holiday Cruises
TO NOKWAI, SPITZBKOK,
ICLA1, BALTIC SKA
By superb twin-screw cruising steamers
Oceana, Bluecher. Meteor, Koenl, Wllhelm
II. during June, July, August and? September.
Travelers Checks Issued.
Tourist Dept. for Trips Everywhere.
Hambarir-Amerlcan Line. 160 'Powell St..
13an Fraaelsco, and Local Ajcents Fortlaad.
IVorth German floyd
Larr:e, Fast and Luxurious Twin-Screw
Express and Passenger Steamships
Equipped With Wireless and Submarine
Plymouth Cberbouiv Bremen.
Express Sailings Tuesdays at IO A. M.
Rronprlni. .. .June 8 IK. W. V). Q. May 25
Cecllle May 18 Kals. Wm. II, June 1
Plymoutli Cherbourg; Bremen.
Twin-Screw Sailings Thursdays at 10 A. M.
Prd I. Oro.. May lSIBremen. June 3
Prlniesa Alice, May 27Prx Fd. Wm, June 10
Gibraltar Naples Genoa.
Mediterranean Sailings Saturdays at 11 A.M.
Berlin (new) May 15IPrlnsess Irsne, Jun. 5
K. Lulse May 22IK. Albert June 19
CoanenMom Knclrollng ttie Globe.
Travelers' checks Good All Over the World.
Apply OELRICHS CO., General Agents,
S Broadway, New York, or
Robert Capelle, 250 Powell St., Gen'l Factflo
Coast Agent. Ban Franctsco, Cal.
NEW SERVICK via TA
HITI. Delightful South
Sea Tours for Rest.
Health and pleasure.
NEW ZKAXAJNB, ths
world's wonderland. Geysers. Hot Lakes, etc.
The favorite 6. & Mariposa sails from Ban
Francisco May 1. July 1. etc.; connecting
at Tahiti with Union Line for Wellington.
N Z. THE ONLY PASSENGER LINE FliOM
TJ. S. TO NEW ZEALAND. Wellington and
back, $260. Tahiti and back. $123, 1st clasa
LINE TO HONOLULU Special round trip
SI 10. 1st clasa S. S. Alameda sails May 15,
une S. 20, etc Address.
OCEANIC LINE. 878 Market St.. San Fran.
Steamer Chas. R. Spencer
Round trio daily except Monday, for A
torla and way landings: leaving Portland
at 7 A. M., arriving Astoria 1 P. M. Return
ing, leave Astoria S P. M-. arrive Portland
9 :45 p. M. Bun day excursion, Astoria and
return. Leave Portland 8 A. M. ; return 9
p M-; fare $1.0O round trip. Portland.
Washington-St. dock, phone Main 8419. Cal
lender dock. Astoria.
NORTH PACIFIC S. S. CO
S. S. Geo. W. Elder
Sails for Eureka, San Francisco and
Los Angeles May 13, May 27. Ticket
offic-e 132 Third street, near Alder.
H. YOUNG, Agent.
COOS BAY LINE
Ths steamer BREAKWATER leaves Port
land every MeclaeMlay, P. M., from Alns
worth dock, for Nona Bebta. Marslmeld aa4
Coos Bay points. Freight received till , P.
M. oa day of sailing. Paaaenser fare, flrsc
class. ,10; second-class. ,7. Including berth
and meals. Inquire city ticket office. Third
and Washington streets, or Ains worth, doea,
phone Main 26