Morning Oregonian. (Portland, Or.) 1861-1937, February 19, 1910, Page 19, Image 19

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    THE 3IORXIXG OREGONIAX, SATURDAY, FEBRUARY 19, 1910.
19
SEVERE ON SHEEP
Extensive Winter Feeding in
All Sections.
LOSSES IN OREGON SMALL
Wyoming Stockmen Suffer Loss of
Aboiit 35 Per Cent Quality of
the Wool May Be Affected.
Hop Market Strong.
Sheepmen in some parts of the West have
jnct with severe losses this Winter, but
vp to date there have been no report ot
material loos in Oregon, except in a few
eecttons. The critical period, however, is
yet to come and the growers or the state
may not escape entirely.
The Winter lias been a long and severe
one on the sheepmen and stockmen of Ore
gon and feedtnghas been extensive. Where
sufficient preparations were made they have
no rear ot loss, but the growers who de
pend on the desert for Winter feed will
liave a hard time when the weather breaks
up. and in case bf rain storms In March
they may have a bard time to get through
without serious financial loss. The case is
reported of a Morrow County grower with,
several hundred head of sheep. His supply
.f feed was exhausted and. as the stock
could not get at short grass, be has been
offering them at $1 a head. As they were
too weak to get to the shipping station,
Tie was unable to find a buyer.
An Instance of the expense attached to
feeding is furnished by the case of a Can
yon County grower, who Is Wintering 60.000
head ot sheep on the range east of Cald
well. They consume 80 tons of alfalfa
daily, and the total cost of feed and extra
help for this band Is $1000 a day.
It Is also feared that the-weakened con
dition of many of the Bheep will tell at
lambing time, and the dealers believe an
other effect will be the making ot a tender,
shorter and lighter staple.
Details of actual loss up to. date in this
state are lacking, but the greatest damage
Is said to be in the Stein Mountains, in
Harney County. One authority places the
total sheep loss In Oregon up to this time
at only 1 per cent.
Secretary Smythe. of the State Woot
growers Association, estimates tho extra
expense entailed by this Winter on the
Vmatllla County flockmasters at more than
S10U.O0O. This estimate, according to the
East Oregonlan, is coincided with by J. E.
Smith, of the Smith livestock Company,
who saya they have been compelled to pay
our about 75 cents more per head than in
an ordinary Winter. The extra expense
of this one company will therefore proba
bly be about $in.o(il).
According to Secretary Smythe it was
a fortunate thing that the sheepmen of
the county were induced to sell off all their
surplus stock last Fall. The good prices
and the short crops combined to cause
the sheepmen to take a step which has
worked out to their advantage. Smythe
pays fewer sheep were Wintered in Uma
tilla County and in all of Eastern Oregon,
for that matter, than for many seasons.
The greatest sufferers in the West this
Winter have been the growers of Northern
Wyoming, south of the Yellowstone, where
losses are estimated at fully 35 per cent.
In Montana. Nevada and Idaho losses are
also reported.
The only late report of contracting comes
Irom Soda Springs, Idaho, where some 1910
wool hits been bought on the basis of 231
rents. As a rule, however, the Eastern
buyers are not anxious to buy wool on
the sheep's back at current asking prices.
The prediction is made by dealers that the
coming market in Oregon will be a slow
pne. Many of them clalm to have lost
money last year, and they will be tn no
hurry to enter on contract.
LOCAL GRAIN TRADE IS NOT ACTIVE.
IVbeut, Oats and Barley Hold at Former
Prices.
The wheat market was Cjuiet In all parts
of the Northwest yesterday. No sales in
tho local market were reported.
The barley market was barely steady.
Bales at $2fi were reported. Oats were also
dull, with bolders asking $3L60.
Weekly foreign wheat shipments were re
ported by the Merchants Exchange as fol
lows: This week. Last week. Last year.
Argentina.. 2.1M-.S. (( 2.S!t.nt" .3L0.000
Australia... 2.4K0.0OO 2.040.0OO 1,2!M",000
India 40.0O0 24O.0O0
l-ocal receipts, as reported by the Mer
chants Exchange, were:
Wheat. Karley. Flour. Oats. Hay.
Monday... 2 4 ." 15
Tuesday It 4 S 2 II
Wednesday In :i 6 2 S
.Thursday.. 2. I 4 4 . ." S
Friday.... 11 12 1 7
Tear ago.. 2." .... 7 2 4
Season
lo date. 7!m J ins ir.33 1220 1!12
Ytarago.. !4H! 13S3 S4!t 6:13 2007
FIRM INDKRTtlNE IN HOP MARKET -
Eastern Inquiry Promises Activity This
Month
There was no news in the hop market yes
tcrday of further buying by II. L. Bents,
and the other exporters were qulet Rome
activity in th-e poor grades at low prices is
reported.
On the whole the market has been left in
a very firm position by the recent export
buying Theio is said to be a good number
of Eastern orders on hand and the trade
looks for continued activity throughout the
remainder of the month. Growers and other
holders are firm In their views.
Sweet Potatoes Advancing
A mixed car of cauliflower and celery
was received yesterday. Ttve celery, like
much that has come up lately, was small in
size and poor in quality. Otherwise the
market was firm. Swe-at potatoes have been
advanced to 2 cents, and the next car re
ceived will sell at 3 cents. Cabbage Is about
cleaned up on the street..
Oranges are selling briskly and good ap
ples are also in demand.
Less Demand for Chickens.
Poultry receipts were fairly large yester
day and buyers did not show the keen desire
to tatoe hold that was noticeable early In the
week. A few choice lots of hens brought 18
cents, but much of the business was at 17
1 7 H cents. Other poultry was unchanged.
Eggs were steady at 28 cents with tl
supply and demand about equal.
Butter was quoted firm at the old price.
Cheese was also firm.
Monster Irer(l Hog.
One of the largest dressed hogs ever re
ceived in this market was brought uo on
the steamer Mascot yesterday morning. It
was shipped by N. C. Hall, of Kidgefleld,
Wash., to the Frank L. Smith Meat Com
pany, and weighed 650 pounds dressed. It
required the labor of three men to get it
from the boat to a truck.
Advanre la Hams
A new provision list has gone into effect
which quotes an advance of H cent on all
el3s of hams. No other changes In provi
sions are noted.
PORTLANO MARKETS
Grain, Floor, Feed, Etc.
WHEAT Track prices: Bluestem. St.lxe
1.13 Vi : club. $1 red Russian, 1.0(; Val-
lev. $1 50; 40-fold. $1.10.
RART.EY Foed and brewing. 2SS 38.50
per ton.
KI-OT'R Pntentw. $$.15 per barrel;
straights, $Bi7; export, fl.SO; alley, ti.50;
graham, $5.70; whole wheat, quarters, $5.90.
CORN Whole, $:io; cracked. I per ton.
M1LLSTUFFS Bran. 24rg,:!0 per ton:
middlings. J34; shorts. 25L,8; rolled bar
ley. $32l&.33.
OATS No. 1 white, $31.50 per" ton.
HAT Track prices: Timotahy: Willam
ette Vallev, $1SW20 per ton; Eastern Ore
gon. aiS22; alfalfa, $17) 18; California al
falfa, $1617; clover, $16; grain hay, 17
418. -
Vegetables and Fruits
FRESH FRUITS Apples. 81.25SJ.3 box:
pears. $1.50 ftt 1. 75 per box; Spanish Malaga.
$5.5Uir6 per" barrel; cranberries, $83! pr
barrel.
POTATOES Carload buying prices; Ore
gon. 70b 80c per sack; aw;et potatoes, 2 l.i
f2c per pound. 9
VEGETABLES Artichokes. $11.35 per
dozen; cabbage, $1.50fti2 per hundreds cauli
flower, $1.75 per dozen; celery, $4.00 per
crate: eggplant. 25c pound; bead lettuce,
40ijr75c per duz. ; hothouse ksttuce, $1.26
Hi 1.50 box; garlic. 12VaC lb.: horseradish.
SfolOc per pound; green onions. 35fo40c per
doz. ; radishes. 25c per duz.: rhubard, 15c lb.;
sprouts, 9s per lb.; tomatoes, $3.25(3.50
per crate.
TROPICAL FRUITS Oranges. $21.75;
lemons. $34.50: grapefruit. $3.504 per
box; bananas, offtake per pound; tangerines,
$1.75 per box; Japanese oranges, $2 per bun
die. ONIONS Oregon, $1.50 per sack.
SACK VEGETABLES Turnips, $1.25 per
sack; rutabagas, $1.1.25; carrots, $1; beets,
$1.25; parsnips, $1.
Hairy and Countary Traduce.
BUTTER City creamery extras, S739c;
fancy outside creamery, 35 & 39c per lb.;
store, 20(i23c. (Butter fat prices average
IMc per pound under regular butter prices.)
EGGS Fresh. Oregon ranch, 28c per
dozen.
CHEESE Full cream twins. 1920c per
pound; young Americas, 20 21c.
PORK Fancy, 11 to 12c per pound.
VEAL Fancy, 12 & 12 He per pound,
POULTRY Hns. 17 18c; Springs, 1714
ffiPISc; ducks. 1820c; geese, 13fi14c: tur
keys, live. 23a25c; dressed, 27&30c; squabs.
$3 per dozen.
Groceries, Dried Fruits, Etc.
DRIED FRCIT Apples, 10c per pound;
peaches, 7c; prunes, Italians. 45c:
prunes. French, 4 5c; currants. 10c; apri
cots. 12Hc: dates. 7ic per pound; figs, 100
half pounds. $3.25 per box;' 60 six-ounce,
$4.75 per box; 12 12-ounce. ..75c per box.
SALMON Columbia River, 1-pound tails,
$2 per dozen; 2-pound tails, $2.95; 1-pound
flats, $2.10 M ; Alaska pink, 1-pound tails,
0c; red, 1-pound tails, $1.45; Buckeyes, 1
pound talis, $2.
COFFEE Mocha, 24ift;2Sc; Java, ordinary.
1720c; Costa Rica, fancy. 1820c; good.
16UlKc; ordinary, 124if'16c per pound.
NUTS Walnuts, 15c per pound; Brazil
nuts. 12ti615c; filberts, lie; almonds,
16 '(i,17c; pecans, 15 (j 16c; cocoanuts, aOcul
per dozen.
BEANS Small white. 5.60c: large white,
4c; Lima, 5c; pink, 6.20c; red Mexican,
7c.
SUGAR Dry granulated, fruit and berry,
$6.05; beet. $5.85; extra C, $5.55; golden C,
$5.45; cubes (barrel), $6.45; powdered
Ibarrel), $6.30. Terms on remittances.
DRY SALT CURED Regular short clears,
dry salt, 15 4c; smoked, 16 $c; short clear
back, heavy dry salted, 16c; smoked, 17c;
Oregon exports, dry salted, 16c; smoked, 17c.
within 15 days deduct 4 c per pound, if
later than 15 days and within 30 days, de
duct J.c per pound. Maple sugar, 15 18c
per pound.
SALT Granulated. $14.50 per ton; halt
ground. 100s, $10.50 per ton; 50c, $11 per ton.
HONEY Choice. $3.25&3.60 per case;
strained, 7o per pound.
Provisions.
BACON Fancy, 25c per pound; standard,
21c: choice. 20V4c; English, lahidJOo.
HAMS 10 to 13 pounds. 17Vjc; 14 to 18
pounds. 174c; 13 to 2 pounds, 17Vic; hams,
skinned. 18c; picnics, 12fcc; cottage rolls.
13'ic; boiled hams, 23&-'4c; boiled picnics,
SOc.
LARD Kettle rendered. 10s. 17c; stand
ard pure. 10s, 11514c; choice, los, 15 fee; com
pound, 12,2C.
SMOKED BEEF Beef tongues, each 60c;
dried beef sets, 19c; dned beef outsides. 17c;
dried beof insides, 21c; dried beef knuckles.
20c.
PICKLED GOODS Barrels: Figs' feet,
$13.50; regular tripe, $10; honeycomb tripe,
$12; lunch tongues. $19.50; mess beef, ex
tra, $12; mess pork, $25.
Furs.
FURS Mink. Northwest Canada and Alas
ka, $6.509; Colorado, Wyoming, Montana,
Idaho and California. $45.50: British Co
lumbia and Alaska Coast. $4rr5. Red fox,
Canada and Alaska, $8?10; Oregon, Wash
ington, Idaho and Montana, $7. Lynx, Alacka
and British Columbia, $28; Pacific Coast
$22. Raccoon. 75cyl. Skunk. Canada, $2.50;
Pacific Coast. 75c 4p $1.50. Wolf and coyote,
Canada, $4(5; Idaho. Montana, Wyoming,
$2.753.25: Oregon. Washington, Utah, Ne
vada, $1.50 & 3. Beaver, "Oregon, Washing
ton, Canada, Alaska, $5..0&7; Idaho, Mon-
tana, Utah, Wyoming, $6.507; cubs, $2
2.50. Otter. Canada, Alaska, $12.50(1.14;
Oregon, Washington. Idaho, Montana, $10
S1S. Wildcat, Alaska. Canada, British
Columbia, $3'.4.60; Pacibic Coast, $1.75
2.50. Gray fox. Pacific Coast, $1.752.50;
Bear, black and brown, Alaska. Canada, $16
20; cubs. $12&15; Pacific Coast, $1915;
cubs. $5 7; grizzly. perfect, $25 35.
Badger, $2. Muskrat. Canada. Alaska. 40c;
Jl-'tS; Pacific Coast. $10iiJ12. Fisher.
British Columbia, Alaska. $1520: Pacific
Coast. $9&15. Wolverine. $6i8. Silver fox
$300500. Cross fox, $1015. Sea otter"
$200(450. Blue fox. $10. White fox
$12tj.20. Swift fox. 40c. Ermine, 40c. Moun
tain lion, $5410. Ringtail cat, 3375c. Civet
cat, 10$t30c House cat, 25c.
Hops, Wool. Hides, Etc.
HOPS 1909 crop, prime and choice. 20
22c: 1908s 17Hc: 1907s. llvic per pound.
WOOL Eastern Oregon. 1623c pound;
olds, nominal.
MOHAIR Choice. 25c per pound.
CASCARA BARK U(fi5c per pound.
HIDES Dry hides, 18il8Hc per pound;
dry kip, IS S3,' IS He pound; dry calfskin, 19jj
21c pound: salted hides. 1010Vjc; salted
calfskin, 15c pound: -green, lc less.
WHEAT RECEIPTS SMALL
SEATTLE AVERAGES OMY TWO
CARS 1AIIV.
But JJcmiind Is Equully liilit.
Apple Market Is 1 'inner.
lotatoes Steady.
Sh)ATU-E, Wash., Feb. 3S. (Special.)
With a fre.Kht blockade on th? Great
Northern, and .other roads devoting all their
attention to the p&ssenrer business, wheat
receipts have dwindled to practically not
iner, totaling only two cars today. The U Vit
receipts, however, had no material effect
on prices. The demand, is Alight and sev
eral large buyers- are holdlna: off anticipat
ing further declines. Considerably feed
wheat haa bPfn sold at Puget Sound points
by Seattle dealers this week.
As a result of the let-up In apple ship
ments, the market is firmer and some va
rieties of fancy fruit are quoted a little
higher than, earlier in the week. Fancy va
rieties command $2.75.
Potatoes were steady. Several large hold
ers in the Kittitas district are here trying
to dispose of a part at least of their hold
ings. The car of Florida celery arrived in good
condition, and was offered at $3.50 per
crate.
All dairy produce prices were unchanged
today. Supplies were equal to the demand.
Several hundred cases of California eggs
are due to arrive on the boat tomorrow
night, but will not affect prices this week.
QUOTATIONS AT SAN FRANCISCO.
Prices Paid for Produce lo the Bay City
Market.
SAX FRANCISCO, Feb. 18. The follow
ing were the quotations in the market today:
Millstuffs Bran, $25.50 27.60; middlings,
$33 ft 36.
Vegetables Cucumbers, $1 . 2,"1 .50 : gar
lic, 45c; green peas. 710c; string beans,
nominal.
Butter Fancy creamery. 32c; creamery
cecunds, 31e; fancy dairy. 20c.
Eggs Store, 22 u2c ; fancy, 23c.
Cheese New, IS Q 19c; Young Americas.
18 20c
Hay Wheat, $14t?19; wheat arid oats. $12
16: alfalfa, $93 12 ; stock. $6 9; straw,
per bale, SO 75c.
Hops 18 2 2a per pound. '
Wool South Plains and San Joaquin. 8 9
10c.
Fruits Apples, choice. 75c$l; common,
50S)7&c; bananas. 75c 4? $3; limes. $44.50;
lemons, choice, J 2 2.50; common, l 1.50;
oranges, navels, $1. 251.75; pineapples. 2Q
2.50.
Potatoes Oregon Burbanks, $l.251.40;
Salinas Burbanks. $1.403.5; sweets, $22.25.
Poultry Roosters, old. $S5.50; young, $7
ff9; broilers, small, $34; large. $4 505;
fryers. $67; hens. $510; ducks, old. $5.50
e-.S; young. $79.
Receipts Flour. 153 S quarter sacks;
wheat. 56rt rentals; barley. 4070 centals ;
corn. 425 centals: potatoes, S2S0 sacks: bran.
90 sacks: middlings. 120 sacks; hay, 499
tons; bides, 36u.
Hi EAR RECORD MARK
Reading Advances Sharply on
Enormous Deals. '
OTHERS SLOW TO RESPOND
Market In General Is Firm-Cntil
Late Profit-Taking Sales Cause
IrregularityBanks Are Still
Gaining in. Cash.
NEW TORK. Feb. IS. When the enemies
of th speculation had begun to show signs
of nagging today, they were revived by the
resumption of the strong upward movement tn
Heading. On enormous transactions, the price
rose to 1724, only a. ahade more than a. point
below the record price touched in the specu
lative era of lart year.
The genera Jist was slow to respond, and
the sympathetic strength was not uniform or
all-embracing. Speculative sentiment con
tinued to feel the relief of the passing of im
mediate apprehension over the anti-corporation
question. A factor In this belief was the
character of the amendments proposed to the
bill to extend the scope of the interstate com
merce law. These, it was felt, were calcu
lated to allow latitude to the financial exigen
cies of railroad corporations.
Incoming reports of renewed storm blockades
through the West and South we to did not in
terfere with the rise in prices. Bpeclal inter
est attached to a report ot a large reduction
in the Bt. Paul working forces. Reports of
an intended entry of the Vanderbllt connection
into Baltimore through the Western Maryland
and of Chesapeake & Ohio designs upon Hock
ing Valley had their effect on the special
stocks involved.
Preliminary estimates of the week's currency
movement indicated a large gain in cash by
the banks, in spite of the $1.5uO.0OO gold
shipped to Argentina today. The movement
of gold from London to Paris aroused the in
terest of New York bankers es an, indication
that Paris was calling home credits from the
London market. There was a rise In the pri
vate discount rate in Berlin, showing that the
gain In strength of the Imperial Bank of Ger
many had removed resources from the open
money market there.
Profit-taking sales made some impression on
the market at the advance and accounted for
the irregular tone of the close.
Bonds were irregular. Total sales, par
value. $4,330,000. United States Konds were
unchanged on call.
CLOSING STOCK QUOTATION'S.
v Clojing
Sales. High. LoW. Bid.
Alli Chalmers pf. 2uO 4"J4 42 43
Amal Copper 35.800 77 '4 754 7i
Am Agricultural 200 4t
un pi ...... tnn
-im tar & Foun. 2.5K 6i
Am cotton oil .. 1.3o m2 W-J
Am Hd & Lt pf. 1,KJ 40 384 4!M,j
Am Ice Securi .. littt 24 24 2;!'
Am Linseed Oil .. 2K 5 15 4ii
Am I-ocomotivo .. 1 M Vt filH M U
Am nelt & Ref. 16.600 MTj, 83
do preferred 107
Am Sugar Ref 2.1 00 12.1 024 32.1
Am Tel & Tel 2.70O 137"s J3 1364
Am Tobacco pf 300 ftiUj Wj fKl'-i
Am Woolen ..... I.IOO 3H 3,". 30
Anaconda Mln Co.. 2.S 51 SiUi
Atihison 17,000 116ft 114, lli
do preferred 103
Atl Coast Line 2,700 131 12S4 I.IO
Bait & Ohio . 10,100 II 3H 310 1134
do preferred ...... ..... 92
Bethlehem Steel .. 3,300 74 73S 7'.-
Brook Rap Tran. 3.300 74 73 73
Canadian Pacific .. 300 lso4 18""4 180
Central Leather .. 16,500 43 14 40"s 42
do preferred ... 200 los IOS14 los'
Central of N" J. . 2w) 2t." 94 2'.
Ches & Ohio 8.200 kiV, 83 84 U
Chicago & Alton g
Chicago Ot West. 2.20O 32 31 3214
Chicago & X W ... 3.100 138 157 157
C. M & St Paul .. ll.SOO 147 14.1 147
C. C. C & St L... 2oO 7S',i 7i 7HI4
Colo Fuel Iron.. J. 800 40 39 311
Colo & Southern ... l.WO 61 fio 60
do 1st preferred . , 100 82 I 82 81
do 2d preferred. 70
Consolidated Gas.. 6.400 140 14." 14rU
Corn Products ... I.000 in is is
Del Hudson .. 2.300 17S 17.114 17
r & R Gmnde ... 2.7K 42 40 41 '
do preferred ... 400 SO 79 70
TMstlllers" Cecuri .. 300 31 31 31
Erie 2,400 29 20' 29
do 1st preferred. ' 500 46 454 4fi
do 2d preferred. 3.1
General Electric .. SOO 1S0 1.1.1 11.1
Ot Northern pf ... 4.200 137 13.1 J37
Gt Xorthern Ore .. 2nO 71 71 71
Illinois Central ... loo 143 143 143
Interborongh Met.. 23.600 23 22 22
do preferred 2. loo ,17 .1.1 .11
Tnter . Harvester .. 1,300 SR 86 80
Inter 'Marine pf .. . 800 21 20 21
Int Paper ....... loo 14 14 14
Tnt Pump BOO 48 48 48
Iowa Central .... 300 23 23 23
K C Southern ... 800 38 38 3H
do preferred 69
T.ouisville ft Xash '4.30O 151 149 1.11
Minn & St Louis. OOO 4!5 44 4.1
Sf. St P t 8 8 M. 1.200 143 142 142
Missouri Pacific . . 2.300 71 70 70
Mo. Kan A Texas 6..1O0 43 43 43
do preferred ,. 71
National Biscuit Kf
National Lead ... 800 81 81 81
Mex Nat Rv 1st pf 100 62 62 61
N Y Central 23.700 121 119 121
N "V. Ont & West. 7.ROO 46 4n 46
Norfolk A- West. 7. 600 4'i 43
Norfolk & West.. 2,-VIO 102 IOI 101
North American . . 900 So 79 ' Ro
Northern Pacific .. 5.100 136 l.T4 136
Pacific Mail 2.20O 33 31 ti 32
Pennsylvania 23..100 1.34. 132 133
People's Gas 500 110 110 lio
P. C C St I. 57
Pressed Steel Car. 700 43 43 43
Pullman Pal Car. sort 198 197 198
Rv Steel Spring .. 200 43 42 42
Reading 242.100 1 72 167 171
Republic Steel ... 1.400 40 39 40
do preferred ... IOO 102 102L-. 102
R.wk Island Co .. 49.1oo 30 V. 4X 30
do preferred ... 3.40 SS 86 88
St I, S F 2 pf. 2 300 31 48. Ro
St L Southwestern 1.1 00 30 30 30
do preferred ... 4O0 74 74 74
R!o-ShefTreld '. . . 77
Southern Pacific .. 18.000 127 12.1 126'!.
Southern Railway. 3.300 29 29 2V,
do preferred ... l.ioo r,6 6.1 113
Tentl Copper loo. 32 32 32
Texas & Pacific. 2.200 now. 29 30
Tol. St T, West. 300 44 44 43
do preferred ... 300 6fi'i 66 6.1
Union Pacific 101.4OO 18 186 IKS
do preferred . . .' 300 102 101 loot,;
T" S Realty ". 73
T S Rubber 5..W 4.1 '4 .42 44
IT S Steel 139. 4"0 81 '4 79", 80
on preferred ... 4.400 120 119 119
TTtah Oopner 2.90O .IOIA .10 .10
Va-Caro Chemical. 1 4 400 s.i .14 .14
Wnbash 3.300 22 1221.', 22
do preferred ... 8 600 48 47 47
Western Md 2.300 49 48 48
Wertinghouse Elec 40O 70 69 70
Western fnion ... 900 73 73 72
Wheel & L 'Brie 5
Wisconsin Central. 100 .10 .10 49
Pittsburg Conl 4O0 21 20 20
Am Steel FdT .. 700 60 60 60
T'nited Drv- Goods.. 118
Laclede Gas 800 99 09 00
Total sales for the day. S96.O0O shares.
. . BONDS.
NEW TORK. Feb. 18. Closing quotations :
XT. S. ref. 3s reg.lOO'N.' T. C. go 3s 90
do coupon ...lOO'i No. pacific Ss 03
U. S. 3s reg. ...102!no. Pacific 4S...101B
do coupon . . . lot l"nion Pacific 4a.l01
XT. S. new 4s reg.l 14 Iwis. Central 4s. 94
do coupon . . .114 Japanese 4s .... 92
D. Ss. R. G. 4s . . 6Bl '
Daily Treaenry Statement.
WASHINGTON, Feb. 18.--The condition
of the Treasury at the beginning of business
today was as follows:
Trust funds
Gold coin $862,089,869
Silver dollars 48rt.809.O0O
Silver dolalrs of 1890 3.S59.0OO
Silver certificates outstanding 4S0,o9,OO0
General fund
Standard silver dollars In gen
eral fund 4.617.961
Current liabilities 6, 127.998
Working balance In Treasury of
fices . 19,568,962
In banks to credit of Treasurer
of the TJ. S - . 33,407.235
Subsidiary silver coin 21.O72.930
Minor coin 1.219..160
Total balance In general fund... SO.010.231
Money "Exchange, Etc.
LONDON, Feb. Is Bar silver, steady, 24d
per ounce
Money, 1 per cent.
The rate of discount in the open market
tor short bills is 2 -l per cent.
Tbe rate ot discount in the open market
for three months bills Is S 3-16 per cent.
Consols for money. 81 15-16.
Consols for account. SI.
NEW TORK. Feb. 18. Money on call.
eaFV 2?r3 per cent: ruling rate and clos
Ihk hid. 2: offered at 2.
SterHns; exchange steady, with, actual bus
iness in bankers" bills at J4.8440 4.84.10 tor
60-day billa. and at $4.8650 for demand.
Time loans easier: 60 days. 3 per cent;
90 days, 3&3: six months, 3.
Close.
Prime mercantile paper. 45 per cent.
Commercial bills. 4.3 4.S4
Bar silver 52c;
Mexican dollars 44c.
Government bonds, steady: railroads, ir
regular. .
SAN FRANCISCO. Feb. 18. Sterling on
London. 60 days, 84.84; sterling on London,
sight, 84.8 7. .
Silver bars. 52c.
( Mexican dollars. 45c.
Drafts, sight. 10c
Drafts, telegraph. 22c.
Eastern Mining; Stocks.
BOSTON. Feb. IS. Closing quotations:
Allouez 33 IMiami Copper .. 23
Amalg. Copper. 76lMohawk -. 64
A. V.. L. & Sm.. 30 (Nevada Con 22Z
Arizona Com. .. 39 .Nlpissing Mines, lo
Atlantic. U 'North Butte 34 '
B O C & C rts... 10North Lake 18
RftCC&SM. 17
Old Dominion. .." 44
Osceola 149
Parrott (S ft C). 20
Qulncy 89
Shannon ....... 3.1
Superior SS
Butte Coalltibn. 24
Cal. ft Arizona. 70
Cal. ft Hecla 630
Centennial ..... 26
Cop. Ran. C. C. .
K. Butte Cp. M.
9Sup ft Bos Min. 13
19!Tamarack 74 A
! ran kiln
Giroux Con. ... 911T. S. roal ft Oil. 39
Granby Con. ... 88 i V. S. S. R. ft M. 4 4
Greene Cananea. 9J do preferred... 49
I. Hoyale (cop) 221'tah Con 31
Lake Copper... 82'Winona 9
La Balle Copper 16 (Wolverine 140
Bank Clearings
Bank clearings for the Northwestern cities
yesterday were as follows:
Clearings. Balances.
Portland 81,199,128 8153.895
Seattle 1.831,554 286,913
Tacoma 897,011 73.641
Spokane 665.440 52,669
BULLS BREAK MARKET
TJXi.OAI WHEAT AND PRICES
GIVE WAY.
Mucli Xortliwestern Grain Is
Dumped at Chicago lluc
tnations in Provisions.
CHICAGO, Feb. 18. A good demand at the
outset in wheat quickly ran prices up from
$1.134 to 1.14 for May. at which point
the bulls unloaded quantities of their holdings
and precipitated a sharp break. May sooty
touched bottom at tl.12, lc below the
high point.' Other futures fell off from 1
to lc. Northwest wheat was thrown into
the selling carnival which marked the de
cline. The finish came at nearly the bottom
prices, with May at $1.131.13, o lower.
Com fell off snarply. May went down from
68c to 66e, July and September falling from
lc to lc. The close was weak at nearly
the low point, with May at 661i6c, 1S
lo lower.--
Trading in oats followed closely the course
of corn. May closed c lower at ' 47
47 c.
Provisions, under the spur of record prices
for live hogs, which touched $9.4714 today,
the highest point since 1870, advanced early
In the day. May pork going up to $23-13, 25c
higher titan yesterday's close. Later pro
vision prices began to sag and fell off o a
close unchanged to 5c higher for pork and
2&5c lower for lard and ribs.
WHEAT.
Open. High. Low. Close.
1-14 1-12 81.13
1.94 1.03 l.3 I.04
.... .UU 1.00 .3
CORN,
66 .68 .66 .60
68 .68 .67 .67
6S .68 .67 .67
OATS.
48 .48 .47 .47
44 .44 .43 .44
41 .41 .40 Vt .40
May
Jul v
SetJt.
May
July
Sept.
MESS PORK. v
May 23.17 23.9.1 23.76v 23.TO
July 23.70 23.90 2X67 23.67
w . . LARD.
May 12.80 12.92 12.77 12. SO
Jul 12.77 12.87 12.72 12.77
SHORT RIBS.
May ...... 12.47 i2.60 12.4.1 12.4.1
July 12.4.1 12.57 12.42 12.42
Cash quotations were as follows:
Flour Firm.
Rye No. 2. 80(?T81c.
. Barley Feed or mixing, 6367c; fair to
choice malting. 9f73c.
Flax seed No. 1 Southwestern, 82.12:
No. 1 Northwestern, St 2. 22.
Timothy seed $4.05.
Pork Mess, per barrel, 823.73 23.24.
Lard Per IOO pounds. $12.80.
Sides Short ribs (loose). $12'gl2'.50- short
clear (boxed). 812.62 C12.87 hit.
Total clearances of wheat and flour were
equal to 177,000 bu. Exports for the week,
as shown by Bradstreet's. were equal to 1 .
618,000 bu. Primary receipts were 482000
bu.. compared with .126.000 bu. the corre
sponding day a year ago. Kstimated receipts
for tomorrow: Wheat. 8 cars; corn, 34ii
cars; oats, 124 cars; hogs, l,ooo head.
Receipts. Shipments.
Flour, barrels 27. lot) 28,000
Wheat, bushels 18.000 29.000
Corn, bushels 340,000 20tMOO
Oats, bushels -.25S.OOO 2JI4.SMJ
Rye. bushels 1.000 ,i 000
parley, bushels 90,000 5,000
Grain and Produce at New York.
NEW YORK, Feb. 18. Flotir Steaoy. with
a moderate local trade. Receipts, 21,810 bar
rels;, shipmentsv 16.028 barrels.
Wheat Spot. easy. No. 2 red. $1.31 sales
elevator domestic and nominal f. o. b. afloat;
No. 1 Northern Duluth and No. 2 hard Win
ter, $1.27 nominal f. o. b. afloat. More bad
crop reports sent wheat prices up early, but
later declined under general liquidation and
under large stocks of flour. Prices closed
to c net higher. May closed at $1.21,
July at ft. 11. Receipts, 96CO bushels.
Hides Easy.
Petroleum and wool, steady.
Minneapolis Grain '.Market.
MINNEAPOLIS. Minn., Feb. IS. Close:
Wheat May. $1.13; July, 41.12 : cash. No.
1 hard. $1.14 Vi fr 1.13 : No. 1 Northern.
$1.13 1.15; No. 3 Northern. $L11 1.15;
No. 3 Northern. $1.07 kf 1.11 .
Flax. $2-20. v
Corn No. 2 yellow, 59960.c.
Oats No. white. 4,-.4i40t-jC.
Rye No. 2, 75-i76c.
European Grain Markets
LONDON. Feb. 18. Cargoes quiet and in
active. Walla Walla for shipment, nominal.
40s 3d. English country markets, some
higher, some lower; Fnench country mar
kets, quiet.
LIVERPOOL, Feb. 18. Wheat March, 8s
2Vid; May. 8s 2 hi d : June, 2s d; July, 7s
lid. Weather showery.
Grain at San Francisco
SAN FRANCISCO. Feb. 18. Wheat and
barley weak.
Spot Quotations Wheat Shipping $1.90
81.90: barley-feed. . 81.32 rl.40: brewing,
$1.41 6! 1.42 ; oats, red, $1.5O!31.60; white,
$1.62 & 1.70; black, $1.50&2.30.
Call Board Sales Wheat, no trading; bar
ley. May. $1.36; Dec 81.28; corn, large
yellow, $1.75 & 1.80.
Grain Markets of the Northwest.
TACOMA. Wash.. Feb. IS. Wheat Blue
stem, $1.14jJ 1.1S; club, $1.0C1.07; red Rus
sian. $1.04-
SEATTLE. Wash., Feb. IS. Milling quo
tations: Bluestem. $1.12; club, $1.UU: life,
$1.09; red Russian, $1.07. Export wheat:
Bluestem. $1.0U; club, $1.06; fife. $1.06; red
Russian, $1.04. Car receipts up to noon:
Wheat, two" cars.- Yesterday's - receipts:
Wheat, 22 cars; oats, one car. t
LBWI8TON. Idaho. Feb. 18. Grain mar
kets unchanged. Bluestem. 94c: fortyfold.
86c; club and Turkey red, 84c; red Russian,
82c; oats, $L20; feed barley. $1.10.
Dried Fruit at New York. 1
NEW YORK, Feb. 18. -"-Evaporated apples,
unchanged. ' Spot, fancy, 10!3Uc; choice,
'39c; prime, efc'S'Tc; common to fair, 6
6c.
Prunes, firm. California up to 30-40s, 29
9c; Oregon. 6S9c.
Apricots, steady. Choice. ll'5"ll!)iie; extra
choice. ll12c; tine. 12-g13c.
Peaches. active. Choice. 6S7c; extra
choice. 7S7e: fancy, 7 Si Sc.
Raisins, quiet. Loose Muscatel. 45'c;
choice to fancy seeded. 6"?6c: seedless, 3 "J
4c; London layers, S1.1.1&1.25.
Wool at St. Louis.
ST. LOl'IS, Feb. 18. Wool, unchanged.
Territorv and Western mediums, 25 5ii23c;
fine mediums, 20924c; fine. !Stt21c.
BIG JOBBING TRADE
Expansion in Business With
Advance in Season.
BUYERS ARE TAKING HOLD
Nothing to Substantiate Exaggerated
Reports of Cancellations Large
Orders Are Booked With,
Manufacturers, '
NEW TORK, Feb. IS. Bradstreefs tomor
row will say:
Trade reports are rather more cheerful. Vis
ible evidence of expansion In lobbing trade, in
consonance with the advance of the season,
are found tn the reports that the large num
bers of buyers In leading markets, especially
Jn the West, Southwest and parts of the
South, have taken oll more freely.
Inquiry at leading markets fails to suo
'Stmtlate the exaggerated reports ot cancellations-noted
for sometime past, and there are
few signs of the widely heralded reaction In
distributive trade. Many points reiwrt no
cancellations to speak of. several cities re
port countermands no greater than normal and
only a very few report that in a few lines
notably clothing has there been any special
effect exercised.
Manufacturers are well supplied with or
ders. Western shoe men are running to ca
pacity. There is rather less pessimism in the
iron and steel trade. Reports from the Pacific
Coast lumber trade are good. Collections
range from slow to fair.
Business failures tn the United States for
the week ending with February 17 were 2!,
against 249 last week. 282 in the like week of
1!(0. 326 in ISM. 177 In li07 and 186 in 196.
Wheat, including flour, exports, from the
United States and Canada, for the week" ending
February 17 aggregated 1.617.080 bushels,
against 2.4O8.003 last week and 2,273.500 this
week last year. For the 33 weeks ending Feb
ruary 17 exports are 105.234,121 bushels,
ag-iinst 133.189.719 in the corresponding period
last year.
Corn exports for the week are 771,616 bush
els, against 1.135.908 last week arid 1.280.519
in 199. For the 33 weeks ending February li
corn exports are 17.177.397 bushels, against
19,291,639 last year.
BUSINESS CONFIDENCE STRONGER.
Trade Helped by Improved. Financial Con
ditions. NEW YORK, Feb. 18. R. G. Dun Co.'s
weekly review of trade tomorrow will say:
Improved financial conditions serve to
strengthen business confidence. Sentiment
in Iron and steel is cheerful. No cancella
tions are reported and shipments are well
sustained, except where severe weather has
delayed transportation. Some railroads have
found it necessary to replenish old rolling
stock because of the wear and tear caused
by an unusually hard Winter, and a West
ern system alone has placed an order for 75
locomotives.
The drygoods jobbing trade was more ac
tive this week, and a large -sale of dress
goods In a leading New York house proved
eminently successful.
The leather market shows renewed activ
ity. Pronounced weakness continues in all
kinds of domestic hides and foreign dry
hides have sold at c reduction from for
mer selling rates. Prices of about all vari
eties ot packers and country hides are
nominal.
Bank Clearings.
NEW YORK. Feb. 18. Bradstreefs bank
clearings report for the week ending Feb
ruary 17 shows an aggregate of $3,127.10:).
000. as against $3,517,918,000 last week and
$2.4St.l22,00O In the corresponding week,
last year.
P.C.Inc.
New York $1.943.3.18.000 2.2.1
Chicago 2-17.K05.000 13.0
Boston 163.0.14.000 7.3
Philadelphia 122.61H.ooO ll.O
St. Louis 69.111. 0O0 10.4
Pittsburg 44.371.000 27.6
Kansas City oo.riSl.ooo 16.2
San Francisco 43.4SH.OoO 31.2
Baltimore . S7.121.OOi) 12.6
Cincinnati . .'. 24.1 1.1,000. 10. i
Minneapolis 19.037.ooo 22. S
New Orleans . 19.471. 0OO 2S.S
Cleveland 17.2.:7.00O 24.4
Detroit 16.424.000 2.1.7
Omaha 1.1.130,000 26.6
Louisville . Jd.044.OO0 .1.2
Milwaukee 14..1H3.000 1.7
Fort Worth 6..II8.O0O 4.0
Los Angeles 1.1.377.000 32.7
St. Paul S.s:tl.XX 21.2
Seattle lt.O63.00O 27.1
Denver -. 8.5.1.1,000 3.4
Buffalo 9.413.000 15.5
Indianapolis 8,530.000 3 2.7
Spokane 4.277.000 29.2
Providence 0.179.OOO 16.7
Poitland. Or 10.671.000 .10.8
Richmond 8,121. OOO 26.2
Albany 6.446.0O0 IS. 4
Washington, D. C .!3.1.ooo 1 4.0
St. Joseph 6.KS2.000 29.6
Salt Lake City 5.K07.OOO 67.3
Columbus 8.017.0OO .
Mmphis 6,630.000 26.0
Atlanta ll.364.ooO 116. S
Tacoma . .., .1.1 6.1.000 3.1.4
Oakland. Cal. 2.K6S.OOO S.O
Sacramento I.251.O00 67.4
Helena 757.000 6.4
Houston '. 26.379.000 4.0
Galveston A 13,422,000 1S. 7
Decrease.
Dairy Ihrodure in the EaKt
CHICAGO. Feb. IS. Butter Steady
Creameries. 25 'o' 28c: dairies. 21fQ)25c.
Eggs Receipts 3A3.1: strong at mark,
cases included, 22 24c; . firsts, 25c; prime
firsts. 26 fee.
cheese- Steady. Daisies. 16(n17c; Twins,
lSitl6c; Young Americas, 16c16c;
Long Horns, 16 p l6c
NEW YORK. Feb. 18. Butter Firm;
creamery specials, 31',c; Western factory,
21 t 23c.
Cheese Firm, unchanged.
Eggs Firm. Western firsts, '272Sc;
seconds, 27c; refrigerators, 23&25c
Coffee) and Sugar.
NEW TORK, Feb. 18. Coffee futures
closed steady, net unchanged to 5 points lower.
Sales. 450O bags, including March at 7.2oi
7.25c, " May at 7.10c, July, September, October
and Decemisrr at 7.15c. Spot, steady. No. 7
Rio. 8c; No. 4 Santos, 9auc Mild, quiet.
Cordova. 9fl2c.
Sugar .Raw, firm. Muscovado, 89 test,
3.70c; centrifugal. 96 test, 4.20c; molases
sugar, 89 test, 3.45c. Refined, steady. Crushed.
&.85c; granulated, .1. 15c; powdered. 5.25c.
New York Cotton Market.
NEW YORK, Feb. 18.--Cotton Spot closed
quiet. Mid-uplands. 14.80c; mid-Gulf. 10.50c.
Sales. 100 bales. Futures closed easy, 8 to 19
points lower. February. 14,3Sc; March and
April, 14.40c; May. 14.51c; June and July,
14.36c; August, 13.88c: September. 13.05c; Oc
tober, 12.62c; November and , December, 12.45c.
Nervous Breakdown Suffered.
WILSONfV'ITJE, Or.,' Feb. 18. (Spe
cial.) Miss Dora Seely. who has been
PORTLAND,
SEATTLE, SFOKAKE,
TACOMA.
Downing-Hopkins Co.
' BROKERS
Established ISO 3.
Stocks, - Private
Grain. A Vires
201-
Couch Bldflr.
TRAVELERS' GUIDE.
COOS BAY LINE
The uteamer RAMON A larps Portland
every Wedneacfciy, 8 P. M.. from Ainsworth
dock f.r N'M-th Bend, Marfthfield and Coo
Bay points. Freight received until 6 P. M.
on dav of catling. Passenger fare, first
cI&k. $10; Becond-claps, $7. Including berth
and meal a. Inquire city ticket office. Third
and "Washington street, or Ainsworth. docJiU
Vhone Main 203.
LUMBERtVIENS
National Bank
CORNER FIFTH AND STARK STS.
Capital
OFFICERS l
S. K. YVENTWORTH .
JOI1.V A. KEATIN'U .
UEO L. MePHKHSO.V .
II. 13. STORY ....
K. A. KBEEMA.V .
GRAHAM DLK.EHART
DlRECTORSl
G. K. Wentvrorth
Cbai. S. Russell
Georjce Bingham
Lloyd J. YYentworth
John A. K.eatina;
THE UNITED STATES
NATIONAL BANK
PORTLAND. OREGON
UNITED STATES DEPOSITORY
Capital . . . $1,000,000.00
Surplus and Profits $725,000.00
OFFICERS
X C. AINSWORTH. President. R. W. SCHMBER, Cashier.
R. LEA BARNES, Vice-President.
A. M. "WEIGHT, Assistant Cashier. W. A. HOLT, Assistant Casliier.
LETTERS OF CREDIT AND TRAVELERS'
CHECKS ISSUED NEGOTIABLE EVERYWHERE
DRAFTS Drawn ON ALL FOREIGN COUNTRIES
BITULITHIC PAVEMENT
Bitulithic practically consists in a foundation of
crushed stone cemented with a bituminous
cement. Its Avcaring surface is a very dense
mixture of graded, comminuted, crushed stone,
mixed with a bituminous cement. This is a
successful form of pavement which is durable,
dense, elastic, and not slippery. It is suited to
many streets and will sustain business traffic,
while at the same time it permits pleasure car
riages and automobiles to travel at fast speeds
without slipping.
American Bank & Trust Company
OF POHT1ASTD, OREGOX.
Samuel Connell, President. G. L. MacGibbon. Cashier.
CAPITAL 15O,0O0.OO.
Invites you to become one of its rapidly increasing number of de
positors. Transacts a general banking business, both commercial
and savings, and, accepts deposits without limitation as to amount.
tOK.VER SIXTH AN I OAK STBEETS.
nMra TTT " insa
309 East Washington,
East 277 Telphonea B2742
suffering with, nervous prostration since
Christmas, was taken to a Portland hos
pital today. '
TRAVELERS" tiUIOK.
flUNARD (jRCISES
To ITALY and EGYPT
"CABMAXU" March. 5 (20.000 tons)
TO ITALY
"KAXOXI.V March 19 tons)
"CARPATKLV March 31 (13.S0O tons)
Excellent saloon aecomo m 1 a
tions at very moderate prices.
Ior full particulars and reservations,
apply to
The Cunard Steamship Co., Ltd.
New York. Boston, Chicago. Minneapolis.
Philadelphia. St. Louis, San Francisco,
Toronto and Montreal, or Local Agents.
XVMV 7FAT AlSin S" Service vii Tahiti.
f1.n .LrtLrullS Delightful South Sea Tours
AIKTR1IIA for Reat Health and
AUplIUiUri Pleasure. Xew Zealand,
the World'a Wonderland. Geysers, Hot
Lakes, etc The favorite S. S. Mariposa
sails from San Francisco March 10, April
15. etc.. connecting at Tahiti with
Onion Line for Wellington, N. Z. The only
panHcnger line from U. R. to New Zealand.
Wellington and back. 260: Tahiti and back,
S133, 1st class. SOUTH SEA ISLANDS (all
of tbein). three months tour, $400. Book
now for sailings of Dec. 28 and Feb. 2.
Line to Hawaii, $110 round trip. Salllnea
every 21 days OCEANIC S. S. CO., 673
Market street, San Francisco.
$250,000
.... Tresident
. Vie-President
. . Vice-President
..... t'ashicr
Assistant Cashier
Assistant Cashier
P. S. Rrnmhy
Dr. Iv. A. J. Mackenzie
J. E. A heeler
George 1.. McPheraon
II. D. Story
Robert Treat riatt
Corner Water and First Sts.
Write or Phone for Information
TRAVELERS' GUIDE.
Canadian Pacific
Less Than Four Days at Sea
Weekly Sailing Between Montreal,
Quebec and Liverpool.
Two dais on the beautiful St. Lawrence
Kiver and the shortest ocean route to 13u
rou& Nothing better on the Atlantic than our
Empresses. Wireless on all steamers.
1 Irst-rloHtis !0, second K31.25. one class
cabin" $47.50.
Ask any ticket agent, or write for sail
ings, rates and bookU-t. V. R. Johnson, ien
eral Agent, 142 Third Bt.. 1'ortland. Or.
SAN FRAXCISCO TOKTLAND S. S. CO.
Onlv direct steamers and daylight &H.illnd
From Ainsworth Dock. Portlanii. 4 P. M.
S. S. Rose Otr, Feb. S3. March 11.
S. S. Kansas Cily. March 4. 18.
From Pier 4K. San Francisco. 11 A. M.
S. 8. Kanna City. Feb. 2, March 1.
S. t. Roue City, March 5, 19, etc.
M. J. KOOHK. C. T. A.. 142 Third St.
Main 40-2. A 14t2.
J W. KANSOM. Dock Agent.
Ainsworth Dock. Main "iOt.. A. 1234.
NORTH PACIFIC STEAMSHIP COMPANY.
"ti-.Tr- -m7Ti San,a Clara sailt
VlSISJSfciU-a ?!y fr Eureka and Pan
I i ? " sXl Francisco March 12-20,
at 4 1'. M.
S. S. E'der sails for
Eureka. San Francisco'
and Los Angeles. March
1, 15. 20, at B P. M.
S. S- Roanoke sails foi
Fan Francisco and Tos Angeles. March K. 22
at R P M. Ticket office 132 "id stj Puonet
Main 1314. A 1314. U. Vonngs. Agent.
(