THE MOKMSG OREGONIAN, SATURDAY, MAY 15, 1909.
17
FLOUR WILL GO UP
All Grades Will Be Raised 20
Cents Monday.
STOCKS GETTING SMALL
Remnant of the Wheat Crop Moving
at Kxtreme Price Coarse Grains
Are Also Very Firm.
Produce Trade Active.
There will be an advance of 20 cents a
barrel In all grades of flour, except ex
ports. In the local market Monday. The
! extreme lightness of stocks In this tirrl
I tory, together with the scarcity and high
price of wheat, la given as the reason for
the advance, which will put the wholesale
price on patents at $6.23 per barrel.
The wheat market Is quiet, as is to be
t expected, with hardly any wheat avall
1 able, but the tone of the market Is very
firm, and recent sales have been at the
best prices of the year. Except for the
mall surplus held by a few of the millers,
only a few hundred tons of wheat remain
to be marketed In this part of the coun
J try. The demand now Is almost wholly
' from California.
Oats are firm and the small offerings are
' readily taken up.
The Valley market Is strong and that
t stocks in the Korthwest are at a low ebb
Is shown by the fact that Spokane dealers
have lately been buying barley in Cali
fornia. Weekly foreign wheat shipments were
reported by the Merchants' Exchange as
follows: Argentine shipments. 1,3 GO, 000
bushels; last week. 2.648,000 bushels; last
year, 2.684, OOO bushels. Australian shlp-
bushels; last year, 112.O00 bushels. India
shipments, 496.000 bushels; last week, 660,
' OOO bushels; last year, none.
Local receipts. In cars, were reported by
the Merchants' Kxchange as follows:
"Wheat Barley Flour Oats Hay
May 8-9 18 .. 18 8 22
May lO l l s 3
May 11 2 . . 6 3 3
May 1 J 8 2 6 1 T
May 13 3 .. 10 6 6
Total last week. 82 4 67 27 84
NEW CALIFORNIA POTATOES FROSTED.
San Francisco Market Stimulated by Crop
Damage Reports.
While the public quotation on potatoes at
San Francisco was- not changed, private
wires reported that market firmer, with
ales at $2. BO. It was reported that 600
acres of new potatoes In California had been
frosted, and this was believed to have caused
the better tone In the market, as It Is known
there are still large stocks of Oregon pota
toes ttiCre. New potatoes have advanced
sharply !n the Bouth.
As for the local jobbing market, outside of
the potatoes held by speculator, the feeling la
Inclined to be weaker. The high prices have
brought out potatoes from places where they
were not supposed to exist and purchases
were made by Front-street houses yesterday
of good stock at ft. 75 per sack.
MOSIER siirrs FIRST strawberries.
Front Stmt Receipts Lighter Than Usual
and Market Steady.
Mas lex made Its first shipment of straw
berries yesterday, two crates leaving that
place for Spokane. Hood River berries will
not begin to move for about 10 days yet. The
crop Is large and of very fine quality.
Front street received about 2000 crates of
California berries and they cleaned up well
at steady prices. Receipts of Southern Ore
gon berries continue light. The ' first goose
berries of the season came from Bprlagbrook,
Or., and were quoted at 8 cents.
Seven cars of oranges and two of cabbage
arrived from the South.
BUTTER SEIXS WEIX AT ADVANCE.
Steady Demand For Egg", and Good In
quiry For Poultry.
The butter movement was active yesterday
In spite of the 2-cent advance. The market
was quoted firm on all grades.
Kffga were steady and unchanged. While
there was no marked activity in the trade,
yet the movement was sufficient to prevent the
accumulation of 4 surplus.
The poultry market was fairly well sup
plied and the demand for chickens was good.
Veal continued very weak at 88H oents. i
RUN OF &LMON INCREASING.
Catches on Lower Colombia Indicate Big
Kun Is Coming.
ASTORIA. Or.. 'May 14. (Special.) There
was a decided improvement In the run of
salmon Inst night, mime of the glllnetters
making fairly good catches, especially those
drifting In the lower harbor and adjacent
to the mouth of the river. This Indicates
that a new run of ilsh Is entering the rlvr.
Not only were the salmon more plentiful
last night, but those caught averaged larger
In else.
Tug Geo. R. Voeburg Clears.
ASTORIA. Or., May 14. (Special.) The
tug George R. Vosburg cleared at the Custom-house
today for Nehalom, with a cargo
of 00 OO railway ties, loaded at Stella.
Bank Clearings.
Clearings of the Northwestern cities yes
terday were as follows;
Clearinprs. Balances.
Portland 1.145,733 Ba,8tft
Seattle 1.5;i;,t(7rt 2iM.itj
Tacoma Kto.tk'i.t i:ia,;is:t
fpokane I,i0,ti3 150.S-0
PORTLAND MARKETS,
Oraln. Flour. Feed. Fto.
WHEAT Track prices: Bluestem milling.
ll.IOtfl.35; club. $1.20; Valley, U 17; red
Russian, J1.17J, $1.20.
FLOUR Patents. $605 per barrel;
straights. X3 lt; exports. $4.70; Valley, $5 30;
graham, S5 60; whole wheat, quarters. $5 80.
CORN Whole. $35 per ton; cracked, $36
per ton.
PAULEY Feed. $4.50 per ton.
OATS No. 1 white. $41 per ton.
MILL STUFFS lirsn. $-0.50 per ton; mid
dlings, S3; shorts, $29?32; chop, 24jj30;
rolled barley. tad if 37
HAT Timothy. Willamette Valley. $140
18 per ton; Eastern Oregon, $lSfe?2ii;
clover, 12; alfalfa. $139 14; grain hay,
$13tfl4; cheat, $14411460; vetch. S14&14.6Q.
Vegetable and Fruit.
FRK S H VH V ITS Appies. 65c$2 SO per
box. Strawberries, Oregon. IZhbo lb.; Cali
fornia. 7oe if li.fn) per crate; cherries. 75c
1.50 rer box; gooseberries, gc per pound.
FOTATOKS lluylng price, $3 per hun
dred ; new California, 4 he por pound.
BACK VKrtETABLES Turnips. $1.25 per
vack; carrots. $1.23; parsnips. $1.50; beets.
$1.76 ; horseradish, 10c per pound.
TROPICAL FRUITS Oranges, navels, $2 25
$3 25 per box. We mo us. $1.75 4; grape fruit.
$3.50 Q 4 per box; bananas. 5 V 46o per
pound ; pineapples, $4 oOijj 5 per crate.
ONIONS New $1.60 per crate.
VKOKTABLKS Artichokes, t'r73c dot;
asparagus. Oregon. 7fir & $1.25 per dot.: Cali
fornia. 6M7c per lb.; beans, 12rl7c; cab
bage -3 S tf per lb. ; cauliflower, $1 Q 1.25
frer doien; cucumbaie. 75c4$1.5G per dozen;
ettuce. hothouse, $1 y" 1 60 per box; lettuce,
bead. 10 g fOo per dozen; onions, 12
i 15o rer dosen: parsley. S3c oer dozen:
J"as, 4C5C per pound; radishes. 15200
spinach. 0cO $1 : tomatoes, Florida. $2.60 0
a. 25 per crate; Mexican. $1.76 per crate.
Dairy and Country Produce.
HUTTKH - City creamery, extras. 2e;
fancy outride rrramery, 24 y 2rto per
llv ; store. 1 Sc. t Butter fat prices aver
age 1 3 rents per pound under regular but
ter prices.)
v:w;.S Oregon ranch. 4S2ac per
i'ULLTRr Hens, 15i16c. broilers. 28
SOc; fryers, 2225c; roosters. 10c; ducks,
1415c; g-eese, ollc; turkeys, 20c;
squabs, 42.50 3 per dozen.
CHEESE Fancy cream twins. 17170
per lb.; full cream triplets. l"417fcc; fuii
cream. Young America, IS 18 -Vc.
VEAL Extras. 8fitMc per pound; ordi
nary. 7 fi 7 1 c : heavy, o flop 6 4 c.
PORK Fancy, 10c per pound.
Hops, Wool, Hides. Etc.
HOPS 1909 contract, 9c per pound; 1908
crop. 8 -flp8 14c; 1&07 crop, 3 'a 4c; 1906 crop.
1 hi c.
WOOL Eastern Oregon, Is &21o per
pound; Valley, fine, 24c; medium, 2c;
coarse, 22c.
MOHAIR Choice. 24 25c per pound.
HIDES Dry hides. No. 1. lti v& 17c lb.;
dry kip. No. 1, 15 '4' 16c pound; dry calf
skin, 1819c pound; salted hides, 9Hc;
salted calfskin, 13 4 14c pound ; green, lo
less.
FURS No. 1 ekins: Angora goat, $1 to
$1.25; badger, 255c; bear. S6&0; beaver,
6.S0g.S.5O; cat, wild. 75c $1.50; cougar,
perfect head and claws. S3 10; fisher, dark.
$7.50&11: pais, $4.907; fox, cross. $3
to $5; fox, pray. MJ8oc; fox. red, $3S5;
fox, silver, to $100- lynx. S&15;
marten, dark. $S12; mink. S3.50&5.50;
murkrat. 15-25c; otter. SJ. 50(54; raccoon.
6u&75c; sea otter, f 100 200 as to size and
color; skunks. 55 & SOc; civet, cat. 10 15c;
wolf. $1!H3; coyote. 75c5$1.25; wolverine,
dark, $3'(ji5; wolverine, pale. $2 2.50.
CASCAKA BARK per pound, b" cents.
FLOUR UP. AT SEATTLE
ADVANCE OF 20 CEXTS A BAR
kREL OX PATENTS.
Seven Thousand Crates of Strawber
ries Dumped on the Market.
Eggs Are Weak.
SEATTLE, Wash., May 14. (Special.)
Patent flour advanced 2.0 cents per barrel
all around today. The price on ear lots
is now $6.20. and on less than car lots
$6.35. The advance came as a surprise to
the local trade. Export quotations were
not changed.
Slightly over 7000 crates of strawberries
were dumped on to this market today,
SO00 this morning and 4000 this afternoon.
The very top price was $1.50. More sold
around $1 and a few sold for less.
A car of Florida tomatoes arrived this
afternoon In bad condition and are quoted
at $3.50 to $4.
Eggs dropped back to 28 cents every
where today. BIx carloads of fresh Eastern
eggs arrived. A carload of live Eastern
poultry le due early next week.
Potatoes were steady.
CALIFORNIA FRUIT CROP CONDITIONS
Carlot Movement of Cherries Started.
Other Fruit Prospects.
California crop prospects are reported by
the California Fruit Distributors as fol
lows: The first carload of cherries was shipped
from California the 8th Instant and was
followed by the second car yesterday.
Cherries are Improving in quality and the
last car was of good average quality. We
expect a material Improvement In this
fruit from this time on. . The movement of
cherries will be about normal. The crop
Is not a heavy one in the earlier districts,
but It promises to be much better in the
later districts. The weather has .been warm
and pleasant and should it continue we
expect that the season will be as early on
other fruits as last year.
There has been no change in the condi
tion of apricots. The fruit Is going to be
of very good size and will be clean and of
good shipping quality.
The plum crop will not be as heavy as
last year, but as the fruit promises to be
of very good size we expect shipments will
approximate perhaps 75 per cent of those
of last year. This will be true of nearly
all kinds.
Of peaches there is a very good crop of
all shipping varieties from the earliest up
to Sal ways, which variety will probably be
considerably shorter than last year, it la
expected that peaches will begin moving
out in a limited way in about ten days.
The condition of the crop Is very good.
The Hartlett pear crop will not be nearly
as large as last season, when it was un
usually heavy. The fruit will be large and
clean, there being no development of fun
gus or scab up to the present time.
The grape crop continues In the same
promising condition. The vines are now
beginning to bloom and there Is every
promise of an abundant crop. This la true
of all shipping varieties.
QUOTATIONS AT SAX FRANCISCO.
Price Paid for Produce In the Bay City
Markets.
SAN FRANCISCO. May 14. The follow
ing prices were quoted in the produce mar
ket today:
Onions Oregron. nominal.
Millstuffa Bran. $23.50030: middlings.
$33r&35.
Potatoes Oregon Burbanks, $2.25 2 40;
Salinas Burbanks, nominal; sweets, $1.25
1.50.
Vegetables Hothouse cucumbers, SOc 1 ;
garlic, 8 10c; green peas, 7&c$1.25; string
bean, 5foCSc; asparagus, 5 1 r('Z.2; toma
toes. $1&1.25: egg plant, 20&25c.
Butter Fancy creamery, 25c; creamery
second, 24V,c; fancy dairy. 24c. ,
Poultry Roosters, old, $4 i 5; young. $9
12; broilers. small. $2.503.50; broilers,
large. $46; fryers. $7.60tfiS.50; hens, $5
10; ducks, old $5(5)5.50; young. $8$.
Ecgs Store, 20c; fancv ranch, 27c.
Cheese Nw, 12&13c; young America,
14 l6e.
Wool South Plains and San Joaquin. 10
Ific; Mountain, 6'lOc: Nevada, 1 31 8c.
Hay Wheat, $23. 50(27. 50; wheat and
oats, $2S26; alfalfa. $1012? stock, $11
12: straw, per bale, 5080o.
Fruits Apples, choice. $1.00; common,
60c; bananas, 75c $3; limes. $4.505;
lemons, choice. $3.25; commons, $1; oranges,
$1.236 3.00; pineapples, $3 4.
Receipts Flour. fcOO quarter sacks; barley,
4G03 centals; oats. 1170 centals; beans. 705
sacks; corn, 60 centals: potateoe. 3wif sacks;
bran. OO sacks; hay, 60S tons; wool, 472 balee:
hides, 300.
White Salmon Berries Ketch High Price,
WHITE SALMON, Wash., May 14.
Special.) C E. Braneman shipped a half
crate of strawberries to Spokane May 11,
receiving $0 for them. This is the first
shipment of berries from this section.
PORTLAND LIVESTOCK MARKETS.
Prices Current Locally on Cattle, Sheep and
Hogs.
Receipts of livestock yesterday were
light and trade generally was quiet. Aside
from an advance of 50, cents In lambs,
there was no change in prices. Receipts
for the day were three cattle, 55 sheep, 03
hogs and two horses.
Local prices quoted at the yards yestei
dav were as follows;
CATTLE Steers, top. 5. 50 (g1 5. 75 ; fair to
good. $5.0OSt 5.15; common to good, $4.50
4-75; cows. top. $4.254.50; fair to good,
$3.75(4.25; common to medium, $2.50g3.50;
calves, top, $5.00 Co1 5.50; heavy, $3. 50g 4. 00;
bulls and stags, $3.003.50; common, $2.00
0 3.75.
HOOS Boat. $7.E0(gi7.75; fair to good,
$7.6iir 7.50 ; s lockers, $6.00 6. 50; China,
fats. $t;.75fT.
'SHEEP Top wethers. $4.004.50; fair to
good, $3.50 4.00 : ewes. ?c less on all
grades; yearlings, best. $4.50; fair to good,
4.00(34.2d; Spring lambs, $5.
Eastern Livestock Markets.
KANSAS CITY. May 14. Cattle
-Re
ceipts. 1OO0. Market, strone. Native steers,
$5.30 7.10; native cows and heifers. $3.00
t?0.50; Mockers and feeders. $4.00 5.75;
bulla. $3.7511 5.-J5; calves. $3.75 Iff 7.25 : West
ern steers, $5.5 6.75; Western cows, $4.O0
4) 3.50.
Hoga Receipts. 70OO. Market. strong.
Bulk. $0.t5''U' 7.35; h-avv, $7.0 7.40; pack
ers and butchers, $7.107.35; light, $t.75
T.20: pigs. $5.50fl tj.75.
Sheep Receipts, 3O00. Market, strong.
Muttons. $5.5' tj. 75; lambs, 6 50 9.25;
wethers and yearlings, $5.00 7.75; ewes,
$4.25 -6.25.
OMAHA. May 14. Cattle Receipts. 2100.
Market, steady. Western steers, $3.O05 o-H:
cows and heifers. $2 75 ft 5.40? stockers and
feeders. $3.00 5.5; calves, $3.2542 7. Ou;
bulls and stags. $3.00 fi1 5.50.
Hogs Receipts. 551HK Strong to 6c high
er. Heavy. $7,200 7.35; mixed. $0.05 7-10;
light. StJ-SOfc 7.20; pigs, $5.75 6.50; bulk,
$0 PlKi 7.25.
Sheep Receipts, 1SOO. Market, 10c to 20c
lower. Yearlings, $3. 75 6 60; lambs, $S.50
9 10.
CHICAGO. May 14. Cattle Estimated
receipts. 750. aMrket, steady. Beeves. $5.10
7 7.25; Texas steers, $4.$0$$8 K: Western
st errs, $4.75 37 0.Ot; stovkers and feeders,
$3.r0'o)5.H5: cows and heifers, $2.50&ti.25;
calves. $5.25 fa' 7.50.
Hogs Estimated receipts, 1O.000. Mar
ket, strong- Light. $tt.M5i 7.35; mixed. $7.0O
17 7.45; hoavy. $7.O5-&7.50; rough, $7.00
7 20; good to choice heavy, $7.JU'i 7 50; pigs,
$5 :mj 75; bulk of sales $7 25 a 7.40.
Sheet) Estimated receipts. 6hmi. Market,
weak. Native. $4.ooj rt.SO; Western, $4.25'j
6.4; yearlings. $0.25$i 7.5'; inmbs, native.
$0.25$ 7.75; Western. $&5ufci 0.35.
STOCK SALES HEADY
Speculators Now Engaged in
Reaping Profits.
BAD BREAK IN PRICES
All Favorable Signs Are 'Ignored In
the Desire to Liquidate Holdings
Carried Through the Vp- .
ward Movement.
NEW YORK, May 14. Prices were hlh
again today at the stock exchange, but the
selling under cover to realize profits was
pushed steadily and persistently. The mar
ket was undermined and turned weak after
a show of strength In the first hour that
was more consistent and comprehensive
than at any time previonsly this week.
The leading speculative stocks all moved
upward In concert. In contrast with the ir
regular and conflicting movement of re
cent days. There are prominent examples
in the 'list of stocks that have touched
record prices this week. Such speculative
leaders as Union Pacific Southern Pacific,
Reading and United States Steel are within
a few points of the highest prloes ever
reached.
The speculators seem to have decided that
favorable signs in business furnish an ad
vantageous opportunity to harvest the profits
accrued in the stock market. That was
(he only apparent motive for the heavy
liquidation today. The news of rains in
the Southwest was regarded as affording
important relief from the threatened harm
to the crops and the optimistic estimate
of the crop outlook from Chairman James
J. Kill, of the Great Northern, received a
good deal of consideration.
Heavy sales of copper were reported.
Foreign influences were favorable to the
market, the subsidence of anxiety over the
French postal strike being a. helpful factor.
London advices point to some borrowing
there for New York account in spite of the
command by JJondon of .American gold sup
plies. This foreign borrowing would tend
to relieve the loan account of the New
York banks. In spite of this large pre
ponderance of influences favorable to values,
prices slipped away with increasing ve
locity. Strength In foreign exchange pointed to
further gold exports. London sold stocks
heae.
The foreign trade statement for April
shows the effect of the continued heavy im
ports combined with falling off in exports
In the shrinkage of the excess of exports to
a value of $2,990,151, compared with $45,
820.129 In April of last year.
Bonds were Irregular. Total sales, par
value, $5,550,000. United States bonds wer.
unchanged on call.
CLOSrNO STOCK QUOTATIONS.
Closing
Sales. High. Low. Bid.
Allls Chalmers pf 2,300 51 60"4 60
Amai Copper 88,800 84 81 83 y.
Am Agricultural .. 600 4U 3 3
Am Beet Sugar .. 11.300 87 864 36i
Am Can pf 3,600 8214 Si 81
Am Car & Foun. 8.800 55 644 64
Am Cotton OH.... 2,800 6Vk 5is 86
Am Hd & Lt pf. SO0 42 41 4114
Am Ice Securi.. B.40O 404 89H "
Am Linseed Oil.. 200 10 16 lO'i
Am Locomotive... 2,600 684 B7"4
Am Smelt & Hef. 21,700 64 1 3
do preferred ... 800 108 I09 10'i
Am Sugar Ref... 1,300 134-4 133 13314
Am Tel & Tel 4.200 140 139"4 140
Am Tobacco pf. .. 400 101 1004 100t4
Am Woolen 800 3fl 38"4 36
Anaconda- Mln Co 5,300 SO7 49 6014
Atchison 19.900 109-), 10SH 109
do preferred ... 800 104'H, 104?, 14
Atl Coast Line... S0O 1X7 127 126
Bait & Ohio 8.100 115 114 114
do preferred ..... 194
Bethlehem Steel .. 800 27 26H 20
Brook Rap Traa. 10,000 79 74 77 79
Canadian Pacific. 2,400 181 Vi 179H 180
Central Leather .. 1.100 81 29 30
do preferred ... 200 104 104 103
Central of N J 295
Chee & Ohio 10,900 79 77 78
Chicago & Alton.. 600 71 70 70
Chicago Gt West. 1.000 5 5 5
Chicago & N W. . 1.300 184 182 1S2
O, M & St Paul.. 16,400 162 160 150
C, C, C & St L. . 200 74 74 74
Colo Fuel A Iron.. 8.800 4t 3i 4o
Colo & Southern.. 100 44 64 64
do 1st preferred. 200 81 83 83
do 2d preferred , 80
Consolidated GJ. . 23,400 147 142 1
Com Products .... 2.700 24 23 23
Del Sc Hudron 8,700 200 19 198
D A R Grande ... 1,100 61 49 50
do preferred ... 300 87 87 87
Distillers' Securi.. 1.40O 39 S8 39
Erie 14,100 84 33 84
do 1st preferred. 8.0OO 52 51 61
do 2d preferred. 1,200 43 42 41
General Electric. 2.7C0 160 169 '160
Gt Northern pf.. 4.8"0 146 145 145
Gt Northern Ore.. 2.400 73 71 72
Illinois Central .. 1.800 148 146 146
Interborough Met. 1.900 16 16 16
do preferred ... 2.000 46 46 45
Inter Harvester... '80
Inter-Marine pf .. 1.700 25 24 24
Int Paper 6O0 13 13 13
Int Pump 2,900 42 40 41
Iowa Central 32
K C Southern ... 8.200 48 47 47
do preferred ... 1.500 74 73 73
Louis & Nartivllle 200 139 138 139
Minn & St L 300 58 58 58
M. St P & S S M. -6O0 137 135 135
Missouri Pacific. 4;.fi0O 75 73 74
Mo. Kan & Texas 10,400 43 42 43
do preferred ... 600 73 73 73
National Biscuit.. SCO ln lo 10r.
National Lead ... 2.BOO 88 87 87
Mex Nat Rv 1st pt 1 S00 61 61 51
VT Y Central 6.7O0 132 130 131
N Y. Ont & Wet. 4.700 50 48 49
Norfolk & West. 600 93 91 91
North American.. 1.100 82 82 82
Northern Paclflc. 11.300 146 144 145
Pacific Mail 1.000O 30 29 29 -
Pennsylvania 13.100 135 134 1 34
People's Gas .... 8.900 116 114 115k,
P. C C St L... 91
Prosed Steel Car. 4O0 42 41 41
Pullman Tal Car 187
Ry Steel Spring.. 600 43 43 43
Reading 192.200 1F9 155 157
Republic Steel ... 1.900 27 26 26
do preferred ... 400 86 85 85
Rock Island Co.. 63.200 33 82 33
do preferred ... 4,700 72 70 71
Pt L i S K 2 pf. 900 4T 45 45
St L Southwestern S0O 25 25 24
do rreferred ... 2.400 62 61 61
Slosj-Sheftield 3O0 81 SO 80
Southern Pacific.. 21.800 12.1 121 121
do preferred ... 200 125 12.1 124
Southern Railway. 9.400 31 30 31
do preferred ... 2.30O 70 69 9
Tenn Copper 2 OOO 44 42 42
Texaji & Pacific. 2.000 34 33 34
Tol. St L & West. 400 6J 60 60
do preferred . . . 30O 69 6! 68
Ur.lon Pacific ...139.30O 190 187 188
do preferred ... 900 97 96 96
U S Realty 4.4"0 85 83 84
U S Rubber 1.800 38 88 88
U S Steel 109.50O 57 65 56
do preferred ... 7.400 119 118 118
Ut5h Copper 1.500 51 81 61
Vt-Caro Chemical. 1.900 60 49 49
Wajbac-h 1.5oo 20 19 19
do preferred ... 5.900 51 50 51
Western Md 6.900 26 25 25
Westinghouse Elec 1.7O0 84 83 83
Western Union ... 81XI 76 75 75
Wheel L Erie.. 200 11 11 11
Wisconsin Central. 100 58 58 58
Total sales for the day, 1.009,400 shares.
BONDS.
NEW YORK, May 14. Closing Quotations:
U. 3. ret. as reg.l01'N Y C Q 8s... 93
do coupon. .. .101 Xorth Pacifla Ss. 74
U. S. 3s reg. 101jNorth Pacific 4s. 102
do coupon. .. .102 Irnlon Pacific 48.103
U S new 4s reg.119 Wiscon Cent 4a. 95
do coupon. .. .12XiJapanese 4s 85
D & R G 4s 97 I -
Stocks at Londoa.
LONDON, May 14. Consols
85 1-16: do for account. 85.
for money.
Anaconda
10 IN. Y. Central. ..135
Atchison .....
do pref
Bait & Ohio..
Can Pacific . .
Ches & Ohio. .
Chi Grt West.
C. M. S. P. .
.112 Norflk & West.. 94
.107! do pref :.. 90
.118 :Ont & West 51
-lS5JPennsylvanla ... 69
. 80!Rand Mines 9
. 5;Reading 81
.155;Southern Ry 33
De Beer. 13
D R G 52
do pref 90
Erie 85
do 1st pf . ... 50
do 2d pf 41
Grand Trunk... 21
111 Central 1S1
do orer . ilk
ISouth Pacific 120
Union Pacific. .. .195
do pref. . 99
U. S. Steel 59
do pref 121
Wabash 2"
do pref 52
If you want to -
Buy More Timber
Build Millsand Railroads
Add to YottrPresent Plant
Pay Off Your Floating Debt
Increase Your Working Capital
Please take notice that we purchase out
right timber bond issues of first-dlass quality,
in amounts from $100,000 to $5,000,000.
For quick action,
address us direct
PeabddyHoxigWelm &Co.
- (Established 1865)
181 La Salle Street, Chicago, 111.
L & K 'Spanish 4s 98
Mo K &. T 44 Umal Copper.... 86
Money. Exchange, t. '
NEW YORK, May 14. Prima mercantile
paper closed at S4 per cent.
Sterling exchange, strong, with actual busi
ness in bankers bills at $4.8635 4.S640 for
60-day bills and at $4.87&0 tor demand.
Commercial bills. $4.85 4.86.
Bar silver. 62c.
Mexican dollars, 44c
Government bonds, steady; railroad bonds,
irregular.
Money on call, easy at 12 per cent; rul
ing rate, offered at 1 per cent; closing bid,
1 per cent.
Time loans, a shade easier and fairly active.
Sixty days, 2Vi to 2H Pr cent; 90 days, 2
to 2 per cent; six months, S to 3 per cent.
LONDON, May 14. Bar silver, steady at
24 6-16d per ounce.
Money, Si df 1 per cent.
The rate of discount In the open market for
short bills Is 1 5-16 p9r cent; for three months
bills, 1 6-16 per cent.
SAN FRANCISCO, May 14. Silver bars,
62c
Mexican dollars, 47c.
Drafte Sight, 2c; telegraph, 5c.
Sterling on London, 60 days. $4. 864; sight,
$4.88.
Daily Treasury Statement.
WASHINGTON, May 14. Today's state
ment of the Treasury shows:
Gold coin and bullion f 42,1135,529
Gold certlilcates 36,522,510
Available cash balance 120,994,906
. Dried Fruit at New Xorlc
NEW YORK, May 14. Evaporated apples
unchanged, with fancy quoted at 894c;
choice, 7 7 c ; prime, 6 8 c ; common to
fair, 66c
Prunes are being taken in a moderate
way by Jobbers and holders are less dis
posed to shade prices. Quotations range
from 2 c to 12c for new crop California
fruit and from 6 Ho to 9o for Oregon 40-SOs
to 20-SOs.
Apricots are firm, demand light; choice,
10104c; extra choice, 10tt10c; fancy,
ll(313c
Peaches steady on spot, although advices
from the Coast suggest an easier condition
In the primary markets. Choice, 6 6 c ;
exchange choice, S4 &.c: fancy, 7 g 8 c.
Raisins unchanged on spot. Loose musca
tel. SH4 c; choice to fancy seeded, 4 94
6c; seedless, S3ig5ttc. and London lay-srs,
$1.16(31.30.
Metal Markets.
NEW YORK, May 14, The London tin
market waa about 2s 6d lower, with 'spot
quoted at 131 15s and futures at 132 15e.
The local market was quiet, with, spot quoted
at 28.9029.12a.
Copper was a little higher in London, with
epot closing at 59 10s and futures at 60 8s
d. The local market was steady and un
changed, with Lake quoted at 13.12
18.37 Ho, electrolytic at 12.70 13o ud casting
at 12.62iS12.87c.
Lead was unchanged at 18 8s 9d In London.
The local market remained steady at 4. SO
4.85c.
Spelter waa unchanged at 21 ITs 6d In
London, but was steady and a shade higher at
5.05-5.10c locally.
The English Iron market was higher at 48s
for Cleveland warrants. Locally the mar
ket was steady, but unchanged.
Dairy Produce in the East.
CHICAGO, May " 14. Butter Steady.
Creameries, 21 25c; dairies, 1823c.
Eggs Steady; at mark, cases included,
lfiic: first, 20c; prime firsts, 21c.
Cheese Firm. Dairies, 15Vi"S'lo'!jc; twins,
l414c; Young Americas, 14&14c;
long horns, 1414c.
NEW YORK, May 14. Buttei- Steady, un
changed. ' Cheese Colored, easy; whites, x steady;
prices unchanged. f
Eggs Firmer, Western storage packed,
22VjC; "Western firsts, 2122c; seconds, 20$i
$21c.
Coffee and Sugar.
NEW YORK. May 14. Coffee futures
closed barely steady net unchanged to TO
points lower. Sales were reported of 24,250
bags. Including May, 7.157.20c; July, 6.55
(r 6. 65c ; September, 6. 1 0 6. 20c ; December,
5.95c; March, 6.00c Spot quiet. No. 7 Rio,
8HfrSe; No. 4 Santos, 89c Mild
quiet. Cordova, 9 94 1 2 "4 c.
Sugar- Raw firm. Fair refining, 3.42c;
oentifugal 96 test. 4.92c; molasses sugar,
3.15c. Refined, steady. 'Crushed, 5.65c;
powdered, 5.05c; granulated, 4.85c.
London Wool Sales.
LONDON, May 14. The offerings at the
wool auction sales today numbered 18,464
bales. Animated buying by all sections
kept the market strong, especially for good,
greasy merinos and croisbreda. There was
spirited bidding by home, French and Amer
ican buyers and the latter secured the best
grades, as well as several lots of coarse,
lustrous cro&sbreds.
New York Cotton Market.
NEW YORK, , May 14. Spot cotton closed
quiet, 6 points higher. Middling uplands,
11.85c; middling Gulf. 11.60c. Sales, 1816
bales.
Futures closed feverish. May, 11.11c; June,
10.89c; July, 10.86c; August, 10.81c; Septem
ber, 10.S2c ; October, 10.81c; November and
December, 10.84c; January, 10.80c; March,
10.78c. .
Wool at St. Louis.
ST. LOUIS. May 14. Wool Firm. Me
dium grades-, combing and clothing, 25
80 He; -light fine. 22 ft-27c; heavy fine, 15
22c, and tub washed at 27g:3gc.
Jury Censures Electric Company.
ASTORIA, Or., May 14. (Special.) The
Coroner's jury appointed to investigate
the circumstances surrounding the death
of the late Shallmen E. Morton, the young
man who "was killed a ie. days ago by
falling; from an electric light pole, re
turned a verdict last evening of . acci
dental death, but censured the electric
company for permitting a boy so young;
as the deceased to climb poles.
RAIN IN WH EAT BELT
Traders, However, Ignore the
Weather Conditions.
CHICAGO MARKET HOLDS UP
Principal Bullish Influence Is tlie
"Strength at the Leading Grain
Centers of Europe Rec
ord for May Oats.
CHICAGO, May 14. Although Kansas and
Northern Oklahoma had been drenched by
a general ram during the last 24 hours,
the effect on the speculative market for
wheat here was not what had been ex
pected, the wet weather having apparently
been entirely discounted the previous ses
sion. At no time were prices more than
o below yesterday's final quotations, while
the July delivery, the active option, was
at one time a full cent above the previous
close. During the first half of the session
the market displayed decided strength, but
in the final hour sentiment became less
bullish and the distant futures developed
considerable heaviness.
The principal bullish influence was the
strength of the leading grain markets of
Europe, Berlin and Budapest, being up
2 He and 8c respectively, and Liverpool
showing a gain equal to-d to d. Cash
trade here and In the Southwest was very
slack, but Minneapolis reported a brisk de
mand for the cash grain and & lively in
quiry for flour. July ranged between $1.12 H
and $1.14. Profit-taking in the final hour
caused a decline of mone than Ho from the
best mark, but the close on nearby futures
was firm, while the deferred deliveries were
barely stetady. Final quotations on July
were $1.13 1.13.
Wet weather caused a firm opening In
the com market, but sentiment soon be
came bullish. At the close prices were o
higher to o lower. July sold between
68,c and 69 Ho and closed at 69c.
Oats for May delivery, touched a new
high mark for the season, when the price
touched 69 c, owing to active buying by
shorts. The market In general, however,
was rather weak. May closed o higher
but other deliveries were Ho to c lower,
final quotations on May being at 69 Ho and
on July at 61c.
Provisions were firm all day, prloes clos
ing unchanged to 17Hc higher.
The leading futures ranged as follows:
v WHEAT.
Open.
May $1.27?
July 1.13 Vi
Sept 1.06
Dec 1.04 H
High. Low. Close.
$1.28 I1.27H $1-28
1.14 112H 1.18
1.06 1.05 1.06
1.04 1 04, 1.04
CORN.
.78 .78 .78
.69 .68 .69
.67 .67 -67
.58 .58 .88
OATS.
.58 .58 .68
.52 .61 .61
.44 .43 .43
.44, .44 .44
July
Sept
Dec.
-69
-67
May. . .
July...
Sept.
MESS PORK.
May 18.17 1830 18.15' 18.80
July 18.30 18.42 18.25 ' 18.42
Sept 18.2 7 18.45 18.27 18.45
May 10.67 10.72 10.67 10.72
July 10.72 10.77 10.70 10.75
Sept., 10.85 10.90 10.80 10.90
SHORT RIBS.
May 10.15
July 10.17 10.20 10.12 10.15
Sept 10.22 10.25 10.20 10.22
Grain stat istics :
Total clearances of wheat and flour were
equal to 110.000 bushels. Exports for the
week, as shown by Brad streets, were equal
to 1,230,000 bushels. Primary receipts were
654,000 bushels. compared with 333,000
bushels the corresponding day a year ago.
Estimated receipts for tomorrow: Wheat,"
4 cars; corn, S9 cars; oats, 164 cars; boors.
8000 head.
Receipts. Shipments.
Flour, barrels 11,200 13,200
Wheat, bushels 432,400 47 800
Corn, bushels 142,900 23'00
Oats, bushels 216,200 278 700
Rye. bushels 2.000 3 000
Barley, bushels 45,000 27,200
Grain and Produce at New Tork.
NEW TORK, May 14. Flour- Receipts
12,600 barrels; exports, 1700 barrels. More
active, with prices firm.
Wheat Receipts, 23.400 bushels; exports
16,000 bushels. Spot firm. No. 2 red. $l 45
nominal elevator and $1.45 nominal f. o. b
afloat; Xo. 1 Northern Duluth, $1.82 t.
o. b. afloat; No. 2 hard Winter, $1.82 t
o. b. afloat. There was some Irregularity to
the wheat market today, although the un
dertone shoKved average firmness on strong
cables, bull support and commission house
buying. Occasional reactions occurred on
reports of good rains in Kansas, but the
last prices were o to c above Thurs
day. May, $1.34; July, $1.20; September.
$1.12: December, $1.11. p '
Hops Firm.
Hides Firm. Bogota, 2122o; Cen
tral America, 2 2c.
Wool and petroleum Steady.
Wheat at Seattle.
6 EATTLE. Wash., May 14. No milling
quotations. Export wheat Bluestem. $1 24
red. 91.09; club, $1.14. Receipts "Wheat,
live cars.
Grain a Ban Trandocs.
PAN FHANCISCO. May 14. Wheat, Arm;
barley, firm.
Barley KeJ. $l.B2.$ffl 1.R0 per cental; brew,
ins. 1.63H15 per cental.
Spot Quotations: "WThe&t Milling-, $2.10&
THE UNITED STATES
NATIONAL BANK
PORTLAND,
UNITED STATES DEPOSITORY
CAPITAL AND SURPLUS, $1,000,000
OFFICERS
J. C. AINSWORTH. President B. W. SCHMEEB, Cashier.
R. LEA BARNES. Vice-President.
A. M. WEIGHT, Assistant Cashier. W. A. HOLT, Assistant Cashier.
DRAFTS ISSUED ON ALLFOREIGN COUNTRIES
PAYMENTS MADE BY POST TO PARTIES
ABROAD WITHOUT COST TO RECIPIENTS
LUMBERMENS
National Bank
CORNER SECOND AND STARK STREETS
THE BEST STREET INSURANCE
IS THE BITULITHIC PAVEMENT
It insures against dust, mud and street noises.
It insures against slipperiness and falling horses.
It insures against cracks, disintegration and costly repairs.
It assures a sanitary and durable street.
It assures conscientious workmanship and best materials.
It assures perfect satisfaction.
BITULITHIC INSURANCE IS SAFEST AND SUREST
WARREN COSTRUCTION COMPANY
317 Beck Building, Portland, Or.
2.15 per cental; milting-, 2.102.20 par cen
tal Oats Red. 22.20 per cental; -whlta. $2.18
S2.25 per cental; black, nominal.
Call board sales: Barley May. $L0 per
cental asked. $1.57 per cental bid; Decem
ber, $1.8601.86 per cental.
Corn Large yellow, $1.701.75 per cental.
European Grain Market.
LONDON, May 14. Cargoea, quiet. Walla
Walla, on passage, 43s 6d.
English country markets, quiet. Krencn
country markets, quiet.
LIVERPOOL, May 14. Wheat July. 8s
lTtd; September, 8s 454d; December, 8s 34.
Weather, cloudy.
Wheat at Tacoma.
TACOMA, Wash.. May 14. Wheat Mill
ing: Bluestem, 1.251.S0; club $1.14. Ex
port: Bluestem, $1.24; club, $1.14; red, $1.09.
Flaxseed at Minneapolis.
MINNEAPOLIS, May 14. Flax closed
$1.69.
I Eastern Mining- Stocks.
BOSTON. May 14. Closing quotations:
Adventure ..... 844,
Allouez 4D
Amalgamated . . 83
Arts Com 44
AtlanUc 10
Butte Coal 25 5.
Cal & Arls 103
Cal & Hecla. .. .630
Centennial 30
Copper Range... 80
Daly West 9
Michigan r 11
Mohawk C4
Mont C St C 25
Nevada 22
Old Dominion... 04
Parrot 34
iQulncy ......... do
bnannon ....... joa
Trinity 14
uniteo. copper... 12
U. S. Mining 47
II. S. Oil 81
Franklin is
nranbv 104
(Victoria 5
Greene Cananea 10
Isle Roy ale 28
Winona ........ o
Wolverine 14 s
Mass Mining 14North Butte.
61
NEW YORK. May 14. Closing quotations:
Alice 260
Brunswick Con. 6 ,
Com tun stock. 27
do bonds 22
CCA Va 67
Horn Silver...... 65
Iron Silver 125
Leadville Con... 45
Little Chief 9
Mexican 78
Ontario 425
Ophir 125
Standard 175
Yellow Jacket... 60
Hope In londoa,
LIVERPOOL, May 14. Hops in London:
Paciflo Coast. Arm at 23.
TRAVELERS' GUIDE.
ALASKA
SUMMER CRUISES.
Prom Seattle.
S. S. Spokane,
June IS. 80, July 15. 30. August 14.
S. S. iXueenv
July 15, 30.
Strictly limited to first-class round
trip passengers. Rates $100 up, ac
cording to accommodations. Berth
and meals included.
Reservations should be made at
ence.
E. F lie Grandpre, Agent.
Pacific Coast Steamship Company,
249 Washington St., Portland.
SCANDIMVIAN-AMERICAN USE
1MN Ton Twin-Screw Pb mikct Btwrntrt
Direct to
Norway. Sweden and Denmark
0car II May 27Helliff 01av...Jun 24
United States.June 10 Oscar XI July 3
C.F.Tletfren, June 17jUnited States, July 2S
All Steamers Equipped With M'lreless.
First cabin, $75 upward; second cabin. $57. GO
A. & JOHNSON A CO.. 100 Washington ave.
So.. Minneapolis, Minn., or to Local Agents.
COOS BAY LINE
lb steamer BREAKWATER 1 saves port
land every WeiiseMWy, 8 F. M., from Ains
worta dock, for fiortU Bead. Marsndeld and
Coot Bay points. Frelfiht received till 4 P.
M. oa day of sailing. Passenger fare, first
class, $10; second-class, $7, Including berth
and meals. Inquire city ticket office, Talrd
and Washington s tresis, or Alzx worth dock.
Phene Main 2a&
OREGON
TRAVELERS' GUI DEI.
jfamburg-Slmerican.
London Paris Hamburg-.
Clevel d (new) May 22'Deutschland. . .June 5
Pr.Grantnw)May 28 Pr.Llnc-ln(new) June
Kals. A. Vic. May 2U Clncln'tl(new) Juna 12
Pennsylvania. .June 2Bluecher Juna 18
-"ia a is. Lane Restaurant.
ITALY
via Azores Gibraltar,
Naples and Genoa.
S. S. BATAVIA. tJuno 8, July 29
" MOLTKB lJune 10. July 22
" HAMBURG t'July 1. Aug 14
Gibraltar. "Naples and Genoa.
Summer Holiday Cruises
XO KOBWAX, gPITZBEROEX,
II KLAJSl), BALTIC BEA
By superb twin-screw cruising- steamers
Oceana, Bluecher, Meteor, Koenlg Wilhelm
II. during June, July, August and September.
Travelers Cheeks Issued.
Tourist Dept.- for Trips Everywhere.
Hamburx-American Uae, 160 Powell St.,
San Francisco, and Local Agent Portland.
Worth German floyd
. Large, Fast and Luxurious Twin-Screw
Express and Passenger Steamships
Equipped With Wireless and Submarine
Signals.
Plymouth Cherbourg Bremen.
Express Sailings Tuesdays at lO A. M.
Kronprlnx. . . .June 8:K. W. D. G- May 25
Cecllie ..May ISlKals. Wm. II. June 1
Plymouth C herbo u rg Bremen .
Twin-Screw Sailings Thursdays at 10 A. M. '
Frd E. Gro.. May 13'Bremen June 3
Prlnzess Alice.May 27iPrz .Fd. Wm. June 10
(Gibraltar Naples (renotv
Mediterranean Sailings Saturdays at It A.M.
Berlin (new) May 15.Prlnzess Irene, June 5
K. Lulse May 22K. Albert June .19
Connections Encircling the Globe.
Travelers' Checks Good All Over the World.
Apply 0LKICHS A CO., General Agents,
6 Broadway, New York, or
Robert Capelle, 250 Powell St., Gent Padflo
Cogt Agent, San Francisco, Cal.
NEW ZEALAND 11ITI. Delightful 8outn
AUSTRALIA
8ea Tours for Rase
Health and Pleasure.
KEW ZKA1.AXD, tha
world's wonderland. Geysers, Hot Lakes, etc
The favorite S. S. Mariposa sails from 8aa
Francisco May 21. July 1, etc.; connecttna
at Tahiti with Union Line for Wellington,
N Z. THE ONLY PASSKNGEB LINE IKOM
V. 8. TO NEW ZEALAND. Wellington and
back, (260. Tahiti and back. (125, 1st class.
LINE TO HONOLULU Special round trip
(110, 1st class. S. S. Alameda sails May 15.
June 5. 26, etc. Address.
OCEANIC LANE. 67S Market St., Ssa Pram.
Cisco.
SAN FStANCISCO 4k PORTLAND 8. 8. CO.
Only direct steamer and daylight sailing.
Prom Ainsworth Dock. Portland. 9 A- If.
S.8. State of California. May 15, 29. etc.
8.S. Hose City, May 22, June 5. etc.
Prom Lombard St.. San Francisco, 11 A. II.
8.8. Kom City, May IS. 29, etc
State of California. May 22, etc.
J. W. Ransom, Dock Agent.
Main 208 Ainsworth Dock.
M. J. BOC1IE, City Ticket Agent. 142 Sd Bt.
Phone Main 402. A 1402.
Steamer Chas. R. Spencer
"PORTLAND-ASTORIA.
Round trip daily except Monday, for As
toria and way landings: leaving Portland
at 7 A. M., arriving Astoria 1 P. M. Return- t
ing. leave Astoria 3 P. M., arrive Portland .
9:45 P. M. Sunday excursion, Astoria and I
return. Leave Portland 8 A. M. ; return 9
P. M. ; fare $1.00 round trip. Portland,
Washlngton-St. dock. Phone Main 8019. Cal- 1
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.