TTIE MORNING OREGONIAX, THURSDAY, MARCH 3, 1910.
19
E
But Plenty of California Stock
Available.
XEEPS MARKET STEADY
Prices Would Be Soaring but for
Receipts From the Southern
State Country Markets Are
Stronger Than Portland,
The- hay market continues moderately
firm locally, but more strength Is shown
at some interior points than at Portland.
Supplies, especially east of the Cascades,
axe low and In some sections of the stock
country the shortage is so acute that- hay
it worth mone on the ranches than it Js
Belling; for In Portland. This market would,
of course, be much higher than it is but
for the fact that an unlimited supply of
cheap California hay is available. But for
the big crop in the South,. No.. 1 timothy
-would probably now be selling here for $30
or better, instead of $23. the prevailing
track Quotation. Local rail receipts of bay
Cor the season to date have been 20 SS cars
Bs compared with 2137 cars In the same
period last year.
The California hay market, according to
trade letters, is weak on a-ll grades ex
cept alfalfa, which is held steady by the
Northern demand. Small lots of Cali
fornia hay have been coming into Port
land .on almost every steamer for th-a past
feix weeks, and the movement la likely to
last for two months longer. To date about
COOO tons have reached Portland and close
to 10,000 tons have been brought into all
Northwestern markets.
. Of the depression in other line of hay
Chan alfalfa in the San Francisco market the
latest Scott. Manger & Miller circular says:
Farmers who have been holding their hay
are getting more and mora anxious to sell.
Bind we have heard of several lota which
have changed bands the past week, at
Very low prices,, in fact below our lowest
Quotations. Some of these farmers were
offered, last Summer, as much as 6 per
-ton more than they accepteM for their hay
in the past week, to say nothing of storage
charges, etc. There are only two proposi
tions for holders Of hay at the present
time to accept. One Is to make up their
minds that they will carry over their hold
ings into the new season and forget they
have it; the other is to sell their hay and
suffer their loss and be free to take ad
vantage of the new crop. It is hard for
holders of hay to convince themselves of
this, but in our opinion it will have to be
done. In the first place, it will be a physi
cal Impossibility to handle all the hay on
this market which is offering, before the
new crop, owing to the immenee stock on
hand and the acknowledged decrease in the
consumption of hay in San Francisco. It
is simply a question now of who they will
be.
LOOK FOR LOWER OATS PRICES.
Dealers Say Unsold Stocks In the Valley
Are Large.
Business was at a low ebb in the wheat
market yesterday. No changes were an
nounced in local prices. '
Oats were also quoted at the old figures
and the market was quiet. The tone of
cats values is about steady, as farmers'
offerings are light, owing partly to their
Arm views and partly to the bad condition
of country roads. In some quarters, how
ever, the Impression prevails that lower
prices are inevitable after seeding time, as
It is said unsold supplies In the country,
particularly in the valley, are much larger
than at this time last year.
The barley market is also dull and un
changed. Local receipts In cars were reported by
the Merchants' Exchange as follows:
Wheat Barley Flour Oats Hay
2onny 2S 2 SO 6 15
g:ue?d-1 23 .. 7 4 3
Wednesday 5 j
Year ago 18 i 'j J
Season to date.f178 11R lfi7 1247 "066
Tear ago 9914 1432 995 676 2137
ALL BUTTER MARKETS ARK 1 1 KM.
Price In California and the East Are Ad
vancing. The local butter market is in a firm con
aitlon. with the city creamery output
email and no great amount of ' outside
creamery on sale. Strength is shown In
nearly all the markets. There was another
half-cent advance at San Francisco yes
terday, bringing the exchange price up to
84 cents and the open selling price to 3"
cent. The Eastern markets have advanced
one cent since the first of the week and are
strong.
Eggs were steady without any change In
Jrrlce from Saturday. The supply was fairly
frood and the demand Was also good.
Poultry, as has been the case for weeks,
(was scarce and all classes were firm.
Dressed meats were also in light supply.
The pork market was strong and veal was
Steady.
San Francisco Cabbage Reortved.
There was a fairly good demand "for
vegetables and fruit yesterday. Among
the receipts was a car of San Francisco
cabbage, which was ottered at $1.75 per
liundred. A good assortment of small truck
was on hand. The. orange market Bhows
increasing firmness. "Most of the associa
tions and unions in California have ad
vanced their prices.
Advance In Sugar Is Looked For.
There is a firm undertone in the sugar
xnarket and an advance may be announced
any day now. In the wholesale grocery
trade the impression prevails that the ad
vance, when It comes, will amount to 20
cents. The Eastern . refined sugar mar
kets are strong, as raws have been climb
ing steadily for some time past.
Bonk Clearings.
Bank clearings for the Northwestern cities
yesterday were as follows:
., Clearinsa. Balaaces.
Portland $1.56,222 $170,131
Seattle l,2.-.0.f 818 273
Tacoma S22.BM 113,705
Spokane .. 884,753 158,299
PORTLAND MARKETS.
Grain, Flour. Feed. Etc.
WHEAT Track prices; Bluestem, $1.12
1.13; club. $l.O41.06; red Russian, X1.04
Valley. $1.50; 40-fold, $1.10.
BARLEY Feed and brewing, $23 per ton.
FLOUR Patents, $6.15 per barrel:
straights. $5.75; export. $4.50; Valley, $5.80;
Craham, $5.75; whole wheat, quarters. $5.90.
CORN Whole. 35; cracked. $36 per ton.
MILI.STUFFS Bran, $2426 per ton;
middlings. $34; shorts, $2528; rolled bar
ley. $32 433.
OATS No. 1 white, $3131.50 per ton.
HAY Track prices; Timothy; Willam
ette Valley. $20rg;21 per ton; Eastern. Ore
gon, $2223; alfalfa, $1718; California al
falfa. $16fc17; clover, $15tfl6; grain hay.
1618.
Vegetables and Fruits.
FRESH FRUITS Apples. $1.25gB box;
rears. $1.50 1.75 per box; Spanish Malaga,
$5.50' per barrel: cranberries, $S per
barrel.
POTATOES Carload buying prices; Ore
iron 6(i4f70c per hundred; sweet potatoes, 8c
per pound.
VEGETABLES Artichokes. $lffl35 per
lt07.en; otbEe. $1.75 per hundred; caull
; tlower. $1,853;! per dozen; celery, $44.50 per
OREGON
HAY SGARG
crate; eggplant. 25c pound; head lettuce.
35 00c per dot ; hothouse lettuce, $1.25
1.50 box; garlic, 12Hc lb.; horseradish.
810c per pound; green onions. 3540c.per
doz. ; pea. 17c per pound; radishes, 25c per
do a. ; rhubarb. 15c lb.; sprouts, 9c per lb.;,to
matoes, $2.2o3.50 per crate.
TROPICAL FRUITS Oranges. 22.75;
lemons, I34.50: grapefruit. $3.504 per
box; bananas. C0c per -pound; tanger
ines. $1.75 per box; Japanese oranges, $2
per bundle.
ONIONS Oregon, ' $1.509 1.75 per hun
dred. SACK VEGETABLES Tnrnips. $1.25 per
sack; rutabagas, I1&1.25; carrots, $1; beets,
$1.25; parsnips, $1.
Dairy and Country Bntter.
BUTTER City creamery extras, 37339c:
fancy outside creamery, 35339c per lb.;
store, 20g234c. (Butter fat prices average
lHc per pound under regular butter prices.)
EGGS Fresh Oregon ranch. 24 25c per
dozen.
CHEESE Full cream twins. 20c per
pound; young Americas. 21c.
POPK Fancy, 1213c per pound.
VEAL Fancy. 1212jjC per pound.
POULTRY Hens, 1718c: Springs. 17
E18c; ducks, 20c; geese, 12fa13c; turkeys,
live, 22ii'25c; dressed, 252c; squabs, $S
per dozen. . ,
Groceries, Dried Fruits, Ktc.
DRIED FRUIT Apples, 10c per pound;
peaches, 7c; prunes, Italians. 45c;
prunes. French, 45c; currants. 10c; apri
cots. 12Hc; dates, 76c per pound; figs, 100
half pounds. $3.25 per box; 60 six-ounce,
$4.75 pf:r box; 12 12-ounce, 75c per box.
SALMON Columbia River. 1-pound tails.
t2 per dozen; 2-pound tails, $2(15; 1-pound
flats, $2.10 Vi; Alaska pmk, 1-pound tails.
fOc: red. 1-pound talis. $1.45; sockeyes. 1
pound tails. $2.
COFFEE Mocha. 2413 28c; Java, ordinary,
174i20c; Costa Rica, fancy. 18 20c; good.
16lSo; ordinary, 12"416c per pound.
NUTS Walnuts, 15 c per pound; Brazil
nuts. 12H15e; filberts, IBe; almonds.
16tP17c: pecans, 15 10c; cocoanuts, 90c ij(
$1 Der dozen,
BEANS Small white. 5.60c; large white,
4(4c; Lima. 5c; pink, 5.20c; red Mexican,
7iC.
SUGAR Dry granulated, fruit and berry,
$H.15; beet. $5.SS; extra C, S3. 65; golden C
$5.55; cubes (barrel), $6.55; powdered,
(barrel), $6.40. Terms on remittances,
within 15 days deduct He per pound, if
later than 15 days and within 30 days, de
duct He per pound. Maple sugar, 15lSc
per pound.
SALT Granulated, $14.50 per ton: half
ground, lOOs, $10.50 per ton; 50s, $11 per
ton.
HONEY Choice. $3.253.50 per case:
strained, 7c per pound.
Provisions.
BACON" Fancy, 25 Vic per pound: standard.
21VjC; choice, 21c; English, 19M,e20M!C
HAMS lO to 13 pounds, 18c; 14 to 16
pounds. 18c; 13 to 20 pounds, ISc; hams,
skinned. " 18c; picnics, 12 ftc; cottage rolls.
13c; boiled hams, 2324c; boiled picnics.
20c
LARD Kettle rendered. 10s. 17Vic; stand
ard pure, 10s. lavic; choice, 10s, 1514 c;
compound, 12 He.
SMOKED BEEF Beef tongues, each 60c;
dried beef sets. 19c; dried beef outsides, 17c;
dried beef lnsides. 21c; dried beef knuckles,
20c.
PICKLED GOODS Barrels: Pigs' feet.
$5.45; regular tripe, $10; honeycomb tripe,
$12; lunch tongues, $19.50; mess beef, ex
tra, $12; mess pork, $ii0.
DRY SALT CURED Regular short clears,
dry salt, 1614c; smoked, 17c; short clear
back, heavy dry salted. 16c; smoked. 17c;
Oregon exports, dry salted, 16jc; smoked,
lTc.
Furs.
FURS Mink. Northwest Canada and Alas
ka. 16.50 (&; Colorado, Wyoming. Montana.
Idaho and California, J4&5.50; British Co
lumbia and Alaska Coast, $S10; Oregon,
Washington, Idaho and Montana, $7; Lynx,
Alaska and British Columbia, $28; Pacific
Coast, $22; Raccoon, 75c4j$l. Skunk. Can
ada. $2.50; Pacific Coast, 75cl.B0. Wolf
and coyote, Canada, $4(i5; Idaho, Montana,
Wyoming, $2.753.25; Oregon. Washington.
Utah. Nevada, $1.50 3. Beaver, Oregon.
Washington. Canada, Alaska, $5.50 B7;
Idaho, Montana. $10, Utah, Wyoming, $6.50
7; cubs, $2g2.50. Otter. Canada, Alaska,
$12.50(314; Oregon, Washington, Alaska, Can
ada. British Columbia, $3(&)4.50; Pacific
Coast, $1.702.50. Gray fox. Pacific Coast,
1.752.60. Bear, black and brown, Alaska,
Canada, $1620; cubs, $123lo; Pacific
Coast, 110 15; cubs, $57; grizzly, perfect,
$25(&3S. Badger, $2. Muskrat, Canada, Alas
ka, 40c; $1218; Pacific Coast, $10gl2.
Fisher, British Columbia, Alaska. J15&20;
Pacific Coast, $9 15. Wolverine. $6&8 Sil
ver fox, 3OOig5O0. Cross fox. $1015. Sea
otter, $200 450. Blue fox. $8 10. White
fox, $1220. Swift fox, 40c .Ermine, 40c.
Mountain lion, $5 10. Ringtail cat, 25
76c Civet cat. 10 if 30c. House cat, 5tf
25c.
Hops, Wool, Hides, Etc.
HOPS 1909 crop, prime and choice, 20
21c; 1008s, 17Vic; ll07s, llHc per pound
WOOL Eastern Oregon. lttaoc pound;
Valley, 22 & 24c per pound.
MOHAIR Choice, 25c per pound
CASCARA BARK 4i6c per pound.
HIDES Dry hides. 1717c per pound;
dry kip, 1717!4c pound; dry calfskin, 18
20c pound; salted hides, 99c; salted
calfskin, 14o pound; green, lc less.
Linseed Oil.
LINSEED OIL Raw linseed, in barrels,
84c; In cases, 89c; boiled linseed in barrels,
86c; in cases, 91c. Raw linseed in carload
lots: Barrels, 81c; cases, 82c
BANANAS ARE FROZEN
SEATTLE RECEIVES TOUR CARS
IN BAD ORDER.
Light Supply oi Green .Produce.
Eggs Hold Steady at 2 8 Cents.
.Northern Orders.
SEATTLE. Wash.. March 2. (Special.)
Four carloads of bananas that arrived this
afternoon were found to be practically
worthless when the doors were opened. The
fruit was frozen In transit.
The cabbage shortage was relieved by the
arrival of a ear from the South. No to
matoes are offered and none are expected
for some time. A car of Florida tomatoes
is rolling. The onion market Is very strong
at top prices. All good stock commands
$1.75. Owing to a shortage of carrots, good
stock sold as high as $1.25 today.
Dealers were able to hold the price Of
fresh local eggs at 2b cents In most quar
ters. California and. Oregons are offered
under local prices. Several largs orders of
eggs have been shipped North this week
and more are. scheduled to- leave on the
next nose.
The grain markets were unchanged.
QUOTATIONS AT BAJT FRANCISCO.
Prices Paid for Produce In the Bay Clt
Market.
SAN FRANCISCO. March 2. The follow
ing were the quotations in the market todav
Mlllstuffs Bran, $25.5027.50; middlings.
vegetables .ucumoers. l..i1.60: gar
lic, wc; grwu jictuf, otxxc; string beans.
Butter Fancy creamery, 34c;
seconds. 82c; fancy dairy, 30c.
Ecus Store, 22 Mc; fancy, 23c.
creamery
Cheese New, 1810c; Young Americas,
lo iy' luu
Hay Wheat, $14 19; wheat and oats. $lj
(ff ic; aiiaiia, wwiz; stock, $t&; straw,
per bale, 6075c
Hops 1822o per pound.
Wool Spring; Humboldt and Mendoceno.
iowiuc; owuia riuus ana an joaauin. 8uv
10c.
Fruits Apples, choice, 75cffitl: .commnn
505c; bananas. 75c(ff$3; limes, $4fr4.50;
uu, i, v..,. , ,1.1,1, -r, . , common, S14P1.25;
oranges, navels, $L252.50; pineapples, $24s
2.50.
Potatoes Oregon Burbanks, $1 a 1.20:
Early Rose, $1.3o1.4(l; Salinas Burbanks.
$1.351.50; sweets, $1.00(3 2.00.
Poultry Roosters, old, f55.56; young $7
ff9: broilers, small. $:l.50-4.50; large. $og-fry-srs.
$67: hens. $510; ducks, old, $5 50
.Receipts flour. B510 quarter sacks;
Wheat. 1WS centals; barley. 3935 centals
oats, ho centals; potatoes. 4630 sacks; bran
ie. sacks; middlings, 630 sacks; hay, 433
tons; niaea, jvou.
Dried Fruit at New York.
NEW YORK, March 2. Evaporated ap
ples, unchanged. Spot, fancy. lOUffllli--
choice. 9S4c; prime, 67c; common
IV, 1 (III . ,J ,U 1, 7k 1 .
Prunes, steady. California, up to 30-40S,
Apricots, unchanged. Choice. lliiCfUKr
extra choice, lleisUc: fancy. 124fl3iie..
Peaches, steady. Choice, 7c; extra
cnoice, i'giii-ac: ranry, iftc.
Raisins, steady. Loose muscatel, stjf
"xr; rnoice r, lancy aeenea. ? 'tj.' t "Hi c : Heerl
less, a 'n P 4 t4 c ; London Uaia, 41. 15 1.25.
AT HIGHEST LEVEL
Best Stock Prices Since First
xf Year.
DRIVE SHORTS TO COVER
Steel and Copper Shares Show the
Greatest Strength Unfavor
able News Is Ignored.
Bonds Irregular.
NEW YORK. March 2. Prto of tr,v-.
rose today to the highest level yet touched on
n-egvery irom the severe decline which set
in after the first of tftA va a - ......,..
short interest was driven to cover and the
buying thus necessitated was an important
factor in lifting prices.
The movement against the shorts showed
evidence of oraanixstlnn ,r, , H. u..i rt
Jarge resources and also the employment of
ue TJBuai methods to push the price move
ment. It owed Its effectiveness, however, to
the small offerings of stocks for sale aad this
oondltloa. In turn. Is due to the subsidence of
apprehension on various accounts which was
me motive ror the selling earlier in the year.
In United States Steel particularly there
were signs of actlvltv bv an orranlzeri mtmw..
illative party, which gave rise to surmises
that the market pool in that stock hd re
sumed operations on- the long side. Yester-
oay s announcement of the retirement from
the directorate of John D. Rockefeller, Jr.,
with the accompanying explanation that the
family holdings of the stock "are not suffi
ciently large to Justify his giving any time
or attention to the affairs of the corporation,"
woe oi a sina used with depressing effect
sometimes when speculation in In a different
mood.
The improvement reported in the steel inula
is responsible partly for this better feeling
The steps taken by the railroad corporations
to raise new capital, with a view to going
forward with improvements and betterments,
form an element la this feeling of encourage-
Even the copper trade came in for n ha re
of this -cheerful feeling today by reason of
the reported decline in the European visible sup
ply oi trie metai. -ji ne decrease since Feb
ruary 15 was small, but was the first reported
for many months aad had added significance
from the large exports from this country
which have gone into foreign supplies In the
perioa covered. r&e price of the metal ad
vanoed strongly In London todav and Conner
securities there, as well as here, advanced.
Some disappointment was felt that yester
day's rumors of agreement upon a basis for
the settlement of the Philadelphia carmen's
strike were without confirmation. No effect
was caused In the market, however. Little
attention was paid to any but favorable news.
Discount rates eased in London but hard
ened in Berlin. Foreign exchange here rose
again aad offerings of funds to lend on time
diminished, with strengthening effect on in
terest rates.
Bonds were Irregular. Total sales. car
value, $2,665,000. United States bonds were
unchanged on call.
CLOSING STOCK QUOTATIONS.
Closing
Bid.
Sales. Tfiirh. Tjiw
Aliis Chalmers pf ;
441,
8fias
4?s
39
77 i
38 ,
24
1554
62
84
Amal Copper .... 41,700
80H-
79
39
" fi5 '
67
78 H
tils
3s?4
64"
5Ts
Am Agricultural
Am Beet Sugar
700
2,500
Am tan PC
Am Car &. Foun. l.BfiO
Am cotton Oil . .
3,500
Am Hd Lt pf.
Am lea Securi ..
Am Linseed Oil ..
700 2414
300 15
SOO ft.l
231,
15
Am Locomotive
51V4
Ajii Smelt t Ref. 20.SOO 85V4
uu preierrea
400 108 Vi 10714
10SV4
Am Sugar Ret
Am Tel & Tel .
700 127 1251,4 125 Vi
Am Tobacco pf 04 ti
Am Woolen 400 . 38 37 T4 37
Anaconda Min Co. 7.400 51 si .ui 1 Kiac
Atchison 15,400 116 116i
do preferred 3u0 103 103H . I0314
Atl Coast Line .. 500 132 13Ha 131
Bait & Ohio 4,,100 112 112Vi 112
imj iremrrep . . . ..... vly
Bethlehem Steel . .
700 30 30 3014
Krook Kao Trfln.
o.w lOft tO'M lO'l
Canadian Pacific . .
2.50O 180 -17 18o
Central Leather . .
1.IW 44J 43 4;-i
do preferred . . .
300 108 Vi I0814
108
Central of N J
Ches & Ohio
Chicago & Alton ...
Chicago Gt West.
Chicago & X W...
C, M A St Paul ..
300
84
59
13,700
400
85
59 i
64
689s
1.11)0
3Z
81 Ml
31
7.7O0 158 157 15S'i
11,200 147 146Vi 146i5
C, C, C & St L...
Colo Fuel & Iron.
SOVs
41H 40 41
64 63 Va 63
81
2,800
800
Colo & Southern . .
do 1st preferred.
do 2d nreferned.
89
iiei- 146
Consolidated Oas. .
6,800 147
Corn Products . . .
i0 18
18i
IS
Del & Hudson
1.50O 176 Vt T75
175
D A R Grande ..-
1.100
41
41!4 41
do preferred
79
33 32 H 33
31 Li SO 31
50 48V4 50
39 38 38
165s!
Distillers' Securi ..
600
8,500
Erie
do. 1st preferred. 6,700
do lid preferred. 800
General Electric
Gt Northern pf .
Gt Northern Ore
6,8li0 138 137H 138
1.0OO 71
70 70
Illinois Central
1.O00 X44
142-, 14214
Interborough Met..- 4.4O0
22
22
22
65
do preferred ... 6.700
66 H
95t
21
8
2114
Inter Harvester .. 6,400
Inter-Marine pf .. 2oo
Int Paper . . . . -
94
21
18
48
23
38
69
163
43
145
71
43
71V
111
83
64
123
46
IOI
137
lnt Pump .
Iowa Central
K C Southern
200 23 23
do preferred
Louisville -& Nash 2.300 154
153
Minn & St Louis. 4O0 44
43 14
M. St P & S 9 M.
1.70O -144 144
Missouri Pacific .. 1.000
71
Mo. Kan A Texas 5.700
do preferred ... H . . . .
National Biscuit
National Lead . 1.OO0
Mex Nat Ry 1st pf 7'K
3
84
e.
8.1
o
122
46
100
N Y Central 16,000 123
iv x , tint A west. l.4io 46'
Norfolk A West.. 1,500 101
North American wio
80 if,
Northern Pacific
6.KOO 137 1V4
Pacific Mall
900
32
1
Pennsylvania 37.200 136
135 136
People's Gas
4.600 XI I 110
111
P. C C A St L
Ry Steel Spring
Reading
Republic Steel
do preferred .
Rock Island CO.
Z,0"O IVA lOZ
102'
3O0
4-t
42
43
164, IOO 168 166 168
6,i" ' HU 4
OO 102
102
102
28, IOO 60
4!
86
OO
SO 14
86
50
29
73
do preferred ... 1.300
St L & S F 2 pf. 64O0
St L Southwestern ......
do preferred ... 300
87
60
73 73
Sloss-Sheflleld
.7
Southern Pacific .. 23. loo 129 126 127
Southern Railway. 2.10O
20
29i,
2 y
do preferred . . . 50O
66
84
30
44
5
34
SO
43
67
66
34
80
43
Tenn Copper 500
Texas & Pacific. 800
Tol. St L & West. 2.400
do preferred . . . 2,x0
68
TTnion Pacific 77. IOO 188
186 187
do preferred ... 400 ' 99
99 99
U S Realty
U S Rubber 500
7r
45
84
46
83
45
TJ S Steel 225,600
84
do preferred
TJtah Conner
2.1oO 121
120 12o
9.200 51
m oo
Va-Oaro Chemical. 7.200
66
21
48
61
7S
76
"oi""
22
65
21
47
49-
66
21
47
Wabash l.TOO
do preferred ... 2.3O0
Western Md 13.8O0
5o
WestlnKhouse Elec 1.000
Western Union ... 1.0O0
Wheel A L Erie.. -
Wisconsin Central. SOO
Pittsburg Coal ... 20O
Am Steel Fdy loo
76 7'
76
61
22
63
OO
21
63
63
118
United Dry Goods
300 119
118?.
Laclede Gaa .... '1,600 102 102
102 4
Total sales for the day. 858,800 shares.
BONDS.
NEW YORK, March 2. Closing quota
tions:
U. S. ref. 2s reg,101!N. T. C, g. 3s. 90 B
do coupon . ini N. p. as
4
TJ. S. 3s reg..aoi
do coupon ...102
U. S. new 4s reg.114
do coupon ...114
Den. & R. G. 4 s. 97
do 4s ........ 74
V. P- 4s 101
Wis. Cen. 4s 94
Japanese 4s.... ,82
Daily Treasury Statement.
WASHINGTON. March 2. The condition
of the treasury at the beginning of busi
ness today was as loliows: ,
Trust funds
Gold coin $S58.162.S69
Silver dollars 4SH.146.0O0
Silver dollars of 1890 3.85O.O00
Silver certificates outstanding.. 486,146,000
General fund
Standard silver dollars in gen
eral fund 5.472.430
Current liabilities 97,763.713
Wprklng balance in Treasury
offices 32. 176.344
In banks to credit of -Treasurer
of the United States 35.167,503
Subsidiary sliver com... 21. 2. ,7.'.
Minor coin 1.184.022
Total balance tn general fund.. S7,a4S,31S
Money, Exchange, Etc.
NEW YORK, March 3. Mcney on call,
easy. 2 per cent: ruling rate. 2 per
cent; closing bid, 2 per cent; offered at
2 per cent. '
Time loans, strong; 60 days. 3 per cent:
00 days, 33 per cent; six months, 3
4 per cent.
Prime mercantile paper, 42 5 per cent.
Sterling exchange, firm, with actual busi
ness in bankers' bills at J4.801Ou)4.S520 for
60-day bills and at $4.8725 for demand.
Commercial bills, $1.84 4.85.
Bar silver. 50c.
Mexican dollars, 44c.
Government bonds, steady; railroad bonds,
irregular.
LONDON. March 2. Bar sliver, steady at
23 5-1 6d per ounce.
Money. 11 per cent.
The rate of discount in the open market
for short bills is 2 2 5-16 per cent: do
for three months bills, 2!2 5-16 per cent.
Consols for-money, 61 5-16c; do for ac
count, 81c -
SAN FRANCISCO. March 2. Ster'ing on
Londen. 60 days. $4.85; do sight, $4.S7.
Silver bars. 50 c.
Mexican dollars. 44c.
Drafts, sight, 7c; telegraph, 10c.
Eastern Mining Stocks.
BOSTON, March 2. Closing quotations:
Allouez 57:Miaml "Copper... 23
Amal. Copper .. SO 14 .Mohawk 65
A. Z. T, A S 30s Nevada Con 22
Ariz. Com 30lNipissing Mines.. 10
Atlantic 9iNorth Butte 38
B C C C. rts. 19lNorth Lake. 17
B A C. C A S M. 17IO!d Dominion 45
Butte Coalition. 25j03ceola 150B
Cal. A Ariz... 73
Parrot (S. & O. 2
Cal. A Hecla....635
Centennial ..... 25
Cop. R. Con. Co. 77
E. Butte C. M. . 30
Franklin 19 '.4
Glroux Con...... 9
Qulncy ......... 87
Shannon ......i. !;
Superior 57
sup. . A ti. Min.. 13
Sup. A Pitts. C. 14
Tamarack 73
V. S. Coal A Oil. 38
oranpy don gs
Greene Cananea. 10!U. S. S. R. A M. 45
Isle Royalle (C.) 24 do pfd 50
Kerr Lake fi lutah Con 32
Lake vTopper .. 77-!Winona ......... IO
La Selle Cop . 18 (Wolverine 143
TRADE AT A STANDSTILL
JiO RECEIPTS OF LIVESTOCK AT
THE IiOCAL. YARDS.
Railroad: Troubles Bring Business to
a, Stop -California Cattle
Due Last Night.
Another day has passed without any live
stock being received at the Portland Union
Stockyards, owing to the washouts and
blockades on the railroads. Six cars of
cattle werft flue last night from California,
however, so there will be that much stock
to work on today.
In the absence of business there is no
reason to change the nominal quotations
or to suppose that any change exists in the
underlying conditions of the market.
Prices quoted on ths various classes of
stocks at the yards yesterday were as fol
lows: CATTLE Best steers. S5.5085.75: fair to
good steers, $4.505; strictly good cows.
$4.50g!4.75; fair to good cows. $4. 001(74.50:
light calves,' $5.5O06; heavy calves. $4&o;
bulls, t3.75i4.25: stags, $3i4.50.
HOGS Tod. 9.7410.10: fair to ' good.
$9 9.60.
SHEEP Best wethers. 6'8:o0: fair to
good withers, $5.50:5.75; good ewes. $6;
lambs, $7.75.
Eawtern Livestock Markets.
CHICAGO. March 2. Cattle Estimated
receipts, 11.000. Market, 10SH5c higher.
Beeves. $o.OOU 8.15; Texas steers, 4.708
5.90; Western steers. $4.70(6-50: stockers
and feeders, $3.606.00; cows and heifers,
$2.65(&J6.40; calves, $7.509.75.
Hogs Estimated receipts. 20.000. Market.
10c higher. Light. 9.6095: mixed, $9.65
(S10.O5: heavv. 9.70ffi 10.00 : rouirh. ?9.70'a
9.85; good to choice heavy. $0.85 Si 10.10:
Uigs, $8.65if 9.60; bulk of sales. $9.85lgi 10.00.
Sheep Estimated receipts. 12,000. Mar
ket, strong to 10c higher. Native, $3.005)
7.90; Western, $5.50(3)7.90; yearlings. $7.80
S.75: Iambs, native. 8.00tt 9.30: Western.
$7.90 U.3U.
KANSAS CITY. March 2 Cattle Re
ceipts WOO. Market. 10 & 20c higher. Na
tive steers. S0.00fti8.0O: cows and heifers.
X3.50&7.00; stockers and feeders. 4.00
6.25; bulls. $4.254r5.75; calves. $4.50(39.00:
Western steers. $5.50 7.60; Western cows,
$3. 00(c 6.00.
Hogs Rece Dts. 9000. Market. 10c higher.
Bulk of sales. $9.459.75; heavy. $9.75
9.85: packers and butchers, $9.6aftj)9.bo;
light. 9.309.6.-; pigs. $8.509.25.
Sheen Receipts. 6000. Market. steady.
Muttons. $6.00S 7.75; lambs. $8,204x9.25: fed
Western wethers and yeariings, $6.75ftjJ S.75;
fed Western ewes, $0.35(3)7.10.
OMAHA. March 2. Cattle Receipts.
3900. Market, 10sB15c higher. Native stosrs.
S4.75iai0.20: cows and hellers. S4.00WU.00:
canners. $ 2.75i: 3.75 ; stockers and feeders.
$3.254j 6.00; calves, $4.008.25; bulls, stags,
etc.. $3.754i)5.60.
Hogs Receipts. 8500. Market. 10c high
. Heavy. $9.659.75; mixed. $9.509.60;
light, $9.200.55; pigs. $8.250.25; bulk of
sales. $U.&09.65.
Sheerj Receipts. 4000. Market. steady.
Yearlings, $7.2."i4(i8.50; wethers. $7.25Sji7.70;
ewes. $7.OOSi)7.50; lambs. 3.509.35.
ine leading lutures ranged as loliows:
Metal Markets.
NEW YORK. March 2.' The market for
standard copper on the New York metal
exchange was firmer today, with spot
quoted at 13.10 13.30c; March and April,'
13.1013.35c; May. 13. 12 13.37 c; June,
13.17 13.40c. The London market was
higher . and closed firm, with spot quoted
at 61 2s 6d. Local dealers quote lake
copper at 13.5018.75c: electrolytic. 13.25(8)
13.50c: casting. 13.O0 41 13.25c. Arrivals re
ported today yere 240 tons and Custom-
.House returns showed exports of 476 tons.
European copper statistics show an increase
of 430 tons in stocks, but a decrease of
1270 tons In the amount afloat as compared
with February 15.
Tin was steady, with spot quoted at
82.52 32.S2c; March, 32.40 32.67c;
April. 32.60 g) 32.80c: May and June, 32.30 -a
32.85c. London market closed steady, with
spot quoted at 148 7s 6d and futures at
151.
Lead was quiet, with spot quoted at 4.60
4.70c New York, and 4.42 4.47c East
St. Louis. The English market was higher
at 13 3s 9d.
Spelter dosed steady, with spot quoted
at 6.655.90c New York and 5.5Ogi5.60c
East at. Louis delivery. The London mar
ket was lower at 23.
Iron was higher at 51s 4d for Cleve
land warrants in London, Locally no change
was reported. No. 1 foundry Northern,
$18.50 18.75; No. 2 do, $18.254818.50; No.
1 Southern and No. 1 Southern soft, $18.50 a
16.75.
Coffee and Sugar.
NEW YORK. March 2. Coffee futures,
quiet, net 5 points higher to 5 points lower.
Sales, 2150 bags. Closing bids: Alareh, 6.85c;
April. 6.95c; May. 7.0oc; June, 7.10c; July,
August, September. October and November.
7.15c; December, 7.10c: January and Feb
ruary. 7.15c Spot, quiet; Ko. 7 Rio, 8c;
No. 4 Santos. 8c. Mild, quiet. Cor
dova, ,84i12c.
SuRar Raw. flrm. Muscovado. 89 test.
3.8c; centrifugal, 96 test. 4.39c; molasses
sugar, 89 test, 3.64c. Refined, v steady;
crushed, 5.85c; granulated, 5.15c; powdered,
Dairy Produce in the East.
CHICAGO, March 2. Butter strong
creameries, 260'Ulc: dairies. 214(25c.
Eggs Receipts. 8521 cases; easy, at mark.
cases included, 17c; firsts, 18c; prime
nrsis. me
Cheese (Steady; dairies. 16Srl7c: twins.
16)iac: young Americas, 16417c; long
norns. joso kc. -
NEW YORK. March 2. Butter Strong.
Cheese Firm.- unchanged.
Eggs Weak. Western firsts, 2020c;
seconus, i; u 1..
New York Cotton Market.
NEW YORK. March 2. Spot cotton closed
quiet. 1120 points higher. Middling up
lands. 15c; middling Gulf, 15.28c. Sales, 1,-
l.i Dales.
Futures closed steady. March, 14.7Hc
April, 14.71c; May. 14.77c: June, 14.54c
July. 14.51c: August. 13.91c: September.
i.i.ec; tjctoner, u.uuc; November, 12.42c;
December. 12.44c
Wool at St. Lonis.
ST. I.OUIS. March 2. Wool Unchanged.
Territory and Western mediums. 25r28c;
fine mediums, 20(24c; fine, I221c.
Bay City Gets New Bank.
WASHINGTON, March 2. The' Mer
cantile National Bank of San Francisco
was today authorized to begin business
with a capital of $2,000,000. Henry T.
Scott is president
BEARS IN CONTROL
Steady Hammering Forces
Wheat Prices Down.
WEAK CLOSE AT CHICAGO
May Option 3-8 Cent Off at the End
Corn, and Oats Also Lower.
New High Record
tor Pork.
CHICAGO, March 2. Wheat prices were
nervous today, .fluctuating from to lc
and closing weak on liberal offerings
to c off. Action in the corn pit was more
temperate, prices finishing c to c off.
Oats closed unchanged to c .lower. In
provisions May pork touched a new high
point at $35.27.
Crop reports were both fax-orable and
unfavorable, causing wheat prices to soar
from c to c above yesterday. Under
a steady hammering, prices for all the fu
tures fell off, the fluctuations from the
high point being from c to lc. May
traveled from $1.15c to $1.14, the other
futures moving over a wider space. The
close was weak and little removed from
the low point, with May c down at $1.14
1.14.
Jday corn dropped from G6c to 65c.
Cash corn fell off from c to lc on a lim
ited demand and light offerings. No. 3
white selling at 6262c. The close was
weak, with May c off at 63 c.
Trading in oats was without feature, fluc
tuations being bounded -by c to c
May moved between 47 c and 46 c
The close -was weak, with May c down at
47e.
In provisions, prices receded from the
high level, finishing unchanged to 2c
higher for ribs. 15c to 20c higher for lard
and 12c to 17c higher for pork.
WHEAT.
Open.
$1.14'4
1.07
1.03
TTIgh.
$1.15
1.08
1.04
Close.
$1.14
1.06
1-02
May. . . .
July....
Sept. . . .
$1-14
1.06
1.02
.65
.67
.67
CORN.
.66
.67
.68
OATS.
May. .
July. .
Sept. .
.SS
.67
.67
.65
.67
.67
May.
July.
Sept.
.47 .47 .46 .47
.44 .44 .44 .44
.41 .41 .41 .41
MESS PORK.
2S.00 25.27 24. S3 25.10
24.85 24. SO 24.80 25.05
May. .
July..
LARD.
May 13.45 13.62 13.32 IS. 50
July 13.40 13.45 13.25 13.40
' SHORT RIBS.
May 12.7 13.00 12.92 12.95
Jolly 12.92 12.97 12.87 12.90
Cash quotations were as follows:
Flour Steady.
Rye No. 2. 70 80c.
Barley Feed or mixing, 61 64c; fair to
choice malting, 6771c.
Flax seed No. 1 southwestern, ii.ua ',4;
No. 1 Northwestern, $2.19.
Timothy seed $3.70.
Clover $13.50.
Pork Mess, per barrel, $25.12 25.25.
Lard Per 100 pounds. $13.57.
Short ribs Sides (loose), $12.504j13.
Sides Short. clear (boxed!, $13.50
13.62.
Grain statistics:
Total ckrarances 'of wheat and flour were
equal to 2000 bushels. Primary receipts
were 600,000 bushels, compared with 515,
000 bushels the corresponding day a year
ago. Estimated receipts for tomorrow:
Wheat. 17 cars; corn, 323 cars: oats. 139
cars; hogs, 24,000 head.
Receipts. Shipments.
Flour, barrels 57,300 22,800
Wheat, bushels 48,000 21.600
Corn, bushels ,....386.200 200.100
Oats, Dusnels. .......... 4O3.300 203.200
Rye. bushelB. . 5.000 4,900
Barley, bushels 1.12,900 $1,500
Grain and Produce at New York.
NEW YORK. March 2. Flour Steady,
with a small-local trade. Receipts, 10.942
barrels; shipments. 433 barrels.
Wheat Spot barely steady. No. 2 red.
$1.39. nominal elevator, domestic and
nominal f. o. b. afloat: No. 1 Northern Du
luth and No. 2 hard Winter, $1.28 nomi
nal. Wheat options were nervous and un
settled. Prices declined early under foreign
selling and poor cables, rallied on bad crop
reports and again eased off under profit
taking, closing 4i c net lower. May,
closed at $1.22; July. $1.14; September,
$1.10. Receipts. 19.200 bushels.
Hops and hides Quiet.
Petroleum ' and wool Steady.
- Grain at Son Francisco.
SAN FRANCISCO. March 2. Wheat :
Steady.
Barley Firm.
Spot quotations:
Wheat Shipptng. 1. 905? 1.05 per cental.
Barley Feed, $1. 3041.38 per cental;
brewing, $1.40.
Oats Red, $1.601.70 per cental; whits,
$1,604 1.67 ; black, $1.60 2.30.
Call board sales:
Wheat No trading.
Barley May. $1.40 per cental; Decem
ber. $1.29 w 1.30.
Corn Large yellow $1.70 1.724 percen
tal. Minneapolis Grain Market.
MINNEAPOLIS, March 2. Wheat May.
$1.13; July. $1.13. Cash No. 1 hard,
$1.14 49)1.15; No. 1 Northern. 1.144rl.l5;
No. 2 Northern, $1. 12 ' 1.13 ; No. 8 Northern,
$1.061.11.
Flax $2.18.
Corn No. 3 yellow, 57fi ,"Sc.
Oats No. 3 white. 4543c.
Rye No.- 2, 7677c.
Kuropean Grain Markets.
LONDON, March 2. Cargoes, quiet. Walla
Walla for shipment at 40s.
English country markets, steady; French
country marseis, nrm.
LIVERPOOL, March 2. Wheat March,
8s ld; May, 7s lld; July, 7s 10d.
Weather, fine.
WIFE APPEALS TO COURT
Husband C -1 Years Delinquent in
Support, Says Mrs. Wright.
For the first time In the recollection
of any of the attaches of the Justice
Court a -warrant of- arrest In a nonsup
port case was served through that court
yesterday, upon a complaint made out In
the District Attorney's office.
S. G. "Wright, an employe of a lumber
mill in St. John, who lives at Oberlin
and Huron streets, was the defendant.
He was arrested upon the complaint of
his wife, Mrs. Rose T. Wright, who al
leges that he has not contributed to her
support the past 24 years. She has been
forced to earn her livelihood by dress
making-, she declares. The case will be
heard before Justice Olson on Saturday,
Nonsupport cases in the,past have be'en
handled through the County Court, but
delays which in some cases were an ln-
iustice to the neglected wives, it ia snlrl
4 have prompted the District Attorney's
office to send complaints of this charac
ter in the future through, the Justice
Court.
A Justice of the Peace has the power
of a committing magistrate and can hold
husbands who refuse to support their
wives to await the decision of the Cir
cuit Court.
HOSPITAL BE IS AIDED
Woman's Club Entertainment Gives
1
Promise of Success.
Officers and members of the Woman's
Club announce that great interest is
being aroused in the success of the en
tertainment to be given at the Bungalow
the night of March 14 for the benefit of
the free bed at the Open-Air Sanitarium
The programme) contains the names of
lumbetrmens
National Bank
CORNER FIFTH AND STARK STS.
Capital
OFFICERS t
G. K. WENT WORTH .
JOHX A. KEATING .
GEO L. MePHEUSOX .
H. D. STORY ....
K. A. FREEMAN ...
GRAHAM DIKEIIAHT
DIRECTORS!
G. K. Went worth
Chaa. S. Russell
George G. ningham
Lloyd J. Wentvrorth
John A. Keating;
Robert
a ?--. &: t.TBi5: -2 "-.. -sas-j mjss.lf'BMK' S!s,-K3.-
OLDEST BANK. ON THE PACIFIC COAST
CAPITAL $1,000,000
SURPLUS and PROFITS $600,000
OFFICERS.
W. M. LADD, President.
EDW. COOKINGHAM, Vice-President
W. H. DUNCKLEI, Cashier.
It. S. HOWARD, JR., Ass't Cashier.
L. W. LADD, Assistant Cashier.
WALTER M. COOK. Ass't Cashier.
Interest Paid on Savings Accounts and Certificates of Deposit
We Issue Letters of Credit, Foreign Drafts, and Travelers Checks
ENGINEERING WORK
IN TOWNS
(a standard work by Ernest McCullough, formerly Con
sulting Engineer for the Merchants' Association of San
Francisco) contains the' following comments:
"The writer wishes to go upon record as saying that
with honest workmanship ' and honest materials the,
BITULITinC PAVEMENT in his opinion has a larger
per cent of desirable qualities than any material he ia
acquainted with. It approaches very nearly the ideal
pavement. 'V
AMERICAN BANK
& TRUST COMPANY
SAMUEL CONNELL, President G. L. MacGIBBON, Cashier
CAPITAL, $150,000
Does a general banking business. Opens checking accounts without
limitation as to amount. Pays interest on time and savings deposits.
COItA Kit SIXTH A.B OAK,
many of the best amateur and profes
sional performers of Portalnd.
The Woman's Club is now maintaining
one free bed at the sanitarium. The
patient who has had tne benefit of this
charity will leave the institution in a
few days, ' but the club- announces it3
inability to care for all applicants. From
the proceeds of the coming entertainment
it is hoped that a larger opportunity for
helping deserving women may too afforded.
-Profesaor Carrel, of the Rockefeller' Insti
tute, is able to keep flesh alive for weeks
In cold storage no as to be grafted and
grown into and upon living: animals.
PORTLAND,
SEATTLE, SPOKANE,
TAC03IA.
Downing-Hcpldns Co.
BROKERS
Established 181)3.
Stocks, , Private
Ciraln. Wins
201-2-3-4 Conch Bids.
TRAVELERS' GUIDE.
NFW 7FAI AND Kew Service via Tahiti.
U1H .lm.ruil Delightful South sea Tours
AI1STRAIIA tot t. Health and
HUOllVuarl Pleasure. Jfew Zealand,
the World's Wonderland. Oersers, 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
passenger line from V. 8. to New Zealand.
Wellington and back, $280: Tahiti and back.
12o. 1st class. (SOUTH SEA ISLANDS (all
of tbem). three months' tour, 1400. Hook
now tor sailings of Dec 28 and Ffeb. 2.
Line to Hawaii, 110 round trip. Sailings
every 21 days. OCEANIC S. &. CO.. 613
Market street. San Francisco.
COOS BAY LINE
The steamer RAMON A leaves Portland
every Wednesday, 8 p. M., from Alnsworth
rtork for North Bend, Marshfield and Coos
Bay points. Freight received until 6 P. M.
on day of sailing. Passenger fare, first
class. $10; second-class, 7, Including berth
and meals. Inquire city ticket office. Third
and Washington streets, or Ainswortlv dock.
Phone Main 268.
$250,000
... Frealdent
. Vice-President
. Vlee-Prealdent
. . . . Cashier
Assistant Cashier
Assistant Cashier
P. S. Rramby
Dr. K. A. J. Mackenzie
J. E. Wheeler
George L. McPherson
II. D. Story
Treat Piatt
DntECTORS.
EDWARD COOKINflHAM.
HENRY L. CORBETT.
WILLIAM M. LADD.
CHARLES E. LADD.
J. WESLEY LADD.
S. B. LI.NTHICUM.
FREDERIC B. PRATT.
THEODORE B. WILCOX.
AND CITIES
99
PORTLAND, (OH EG OX.
TRAVELERS' GUIDE.
Canadian Pacific
Less Than Four Days at Sea
Weekly Sailing Between Montreal,
Quebec and Liverpool,
Two days on the beautiful St. Lawrence
Klver and the shortest ocean route to Eu
rope. Nothing better on the Atlantic than our
Empresses. Wire leas on all steamers.
Flrst-closss S00. second $51.25. one class
cabin $47.50.
Ask any ticket agent, or write for sail
ings, rates and booklet. F. K. Johnson, Gen
eral Acrnt, 143 Third St.. l'ortland. Or.
(PUNARD QHJISES
-To ITALY and EGYPT i
- CAKMAN1A," March 5 (20,000 tong)
TO ITALY
"SAXONIA" March 19 (14,300tons)
"CABPATHIA," March SI (13,60O tons)
Excellent ssloon accommoda
tion.' at verr moderate prices.
For full Particmlart and Rttervations, apply to
THE CCNARO STEAMSHIP CO.. Ltd.
Netr York, Boston, Chicato, Minnespolla,
Philadelphia, St. Louis, San Francisco,
Toronto and Montreal, or Local Agents.
NORTH PACIFIC STEAMSHIP COMPANY.
S. S. Santa Clara sails
for Eureka and Pan
Francisco March 12-26.
at 4 P. M.
5. S. E'der sails ror
Eureka. San Francisco
and Los Angeles, Marca
1, IS. 29, at 8 P. M.
6. S. Rnanok. sails for
San Francisco and Los Angeles, March 8, 22,
at 8 P. M. Ticket office 132 3d St. Phonos
Main 1314. A 1314. H. Youngs. Agent.
SAX IU.AXCISCO A PORTLAND S. S. CO.
Only direct steamers and daylight sailings
From Alnsworth dock, Portland. 4 P. M.
S Kansas city March 4, IS
SS Rose city March 11, 25
From Pier 40, San Francisco. 11 A M
Sh Rose City March 5,- 1
SS Kansas City March 12, 26
M. j. ROCHE. C. T. A.. 3 42 Third St.
Main 402. A 1402.
J. W. RANSOM. Dock Agent.
Alnsworth Uock- Alain 68. A 1234.