Image provided by: University of Oregon Libraries; Eugene, OR
About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (March 11, 1910)
THE MORNING OREGONIAN, FRIDAY, MARCH 11, 1910. 21 WHEATTRADE DRAGS Buyers in California Are Hold ing Off. BECAUSE OF WEAKNESS Stronger Tendency- In tlie Barley Market Oats Firmer Kast of the Mountains Active. 5?roduco Business. The Portland whpat market just now Is one rf the -weakest, apparently In the coun try. This is probably due to hs Inactivity. The Eastern and foreign markets are show Ins; a considerable degree of steadiness, but the feeling; Is not reflected in the local trade. The California demand Is also In active and this 1s ascribed to the weakness here. Throughout the season the Califor tilana have only shown Interest In northern wheat when prices have been tending up ward and as soon as there was any vi olence of weakness they would withdraw- A little wheat is being shipped south, now. tout It is on old orders. Local dealers Quote bluestem at 1.10. That is what they are bidding;, but they are not getting; the wheat. Club is quoted at ll.031.03. For red Russian $1.01 is offered, without result ing; in business. The firmness .in the Sound markets is Sue largely to the lightness of supplies, occasioned by the railroad troubles. Ship ments from the Bound at present are prin cipally to Mexico. Barley is firm and up to 920 is quoted by local dealers. The strength is partly due to the advance at San Francisco. whlchJ will prevent any shipments being made north from California. It was these ship ments that some time ago broke the market. The strength of the interior barley markets Is also a factor. Barley Is worth more in the country than at Portland. Somewhat similar conditions prevail In the oats mar ket, where the strong demand cast of the mountains has created a 11 rm feeling. Local receipts, in cars, were reported, by the Merchants' - Exchange as follows: Wheat. Barley. Flour. Oats. Hay. Monday . . Tuesday Wednesday Thursday . 35 13 8 1 H a 4 2 "'a 2 OS 8 2177 Tear ago 32 5 ieo-2 1O02 Eeason to date 8242 1187 145B 1260 BS'J Year ago 10.10U HOP SEALERS WATCHING MARKET Withholds Jaatern and foreign Trade Orders. No new business came to light In the hop market yesterday. There is a good deal of Inquiry from the Kast and Kurope as to prices and market conditions, showing the dealers are keeping a close watch on the situation, but they are holding back their orders. English hop market conditions are report ed by the Kentish Observer of February 24 as follows: Some few good-sized parcels of English hops are passing Into consumers' hands at firm prices, and the market is becoming very bare of stock. Continental prices for fine quality remain so high that consign ments have practically ceased. American markets are unsettled, the demand for Eng lish being too small to support values for anything but .the finest grades. The latest circulars of the London hop (actors say: Wild, Neame Co. There has been a rather better demand during the past week, holders showing more disposition to accept current values. Manger & (Henley Growers showing more disposition to meet buyers, aoxne further strong business has been done during the t week. W. H. & H. Le May There has been some business done during the past week In molding hops, and the quantity now left of this description in planters' hands is very small. The weather continues to be very unfavorable, and it ts confidently, expected by experienced hopgrowers that the plant has suffered considerably In many districts, the land having .become waterlogged. Thornton, Harryman & Matthews There is more trade on our market, holders in many cases being now more inclined to ac cept offers made by buyers. The Canterbury correspondent of the Lon don Mark Lane Express says: "The wet weather is against the plant, especially In the heavy clay district." Abetter from Swajin tk Co.. of London, dated February 25. says: "we have had a very wet winter. Many gardens have been under water several times, and this Is most unfavorable for the next crop." Bernhard Bing, of Nuremburg, writes: There are complaints already that the roots are not bo healthy and strong as in other years.' . SUPPLY OF EGGS IS IX ADEQUATE. Shipping Order on Hand For Mors Than Are Received. The. egg speculators- have about given up the hope of low egg prices this season. Re ceipts this week have been light and con Blderably below shipping requirements, with 4he result that prices have held steady The free arrivals last week held out the promise that eggs would be plentiful, but It now ap pears that most of those receipts were ac cumulated stock which was rushed in when the market began falling. with the move ment, at present normal, it Is seen that the production Is not what was expected An other indication of the- comparative lightness of flocks In the state is seen tn the bare condition of the poultry market. Although prloea of live chickens are the highest in years, the dally receipts are exceedingly small and the dealers. In spite of all their efforts, are unable to get enough to fill their orders. Egg prices yesterday were unchanged from Wednesday, 23 cents for single cases and MVi cents for round lots. Buyers were iu the market with Seattle and Vancouver, B. C. orders. Poultry Quotations were un changed. There were no new developments in the but ter or cheese markets. New Clip Wool Contracting. The BoBton Commercial Bulletin, of March 6, says of wool contracting: "It Is understood that the growers of Nevada want 25 cents a pound for their 1910 clips, a figure which is not at all at tractive, to buyers. Contracting continues In a small way In Utah, at a range of 20 to 22 cents, and In the Triangle at 22 to 23 14 cents. Late reports state that even at these prices buyers are obtaining con tracts with more or less difficulty. Boston operators are doing very little now In the way of buying wool on the sheep's backs, owing to the extreme prices ruling." Hothouse Tomatoes Sell High. Hothouse tomatoes from Redlands, Cal.. are la market and selling for 95.30 per crate, or 27t4e cents per pound. Mexican tomatoes are bringing 93 a crate. Other vegetable prices ere unchanged. Yesterdays arrivals Included a car each of celery and sweet potatoes and two cars of oranges. PORTLAND MARKETS. Grain. Flour. Feed. Etc, WHEAT Track prices: Bluestem. 91.10)8) Jl.ll; club. S1.03-&I.O3': red Russian. 91.01,; Valley. 91.04; 40-fold. 91.06. BARLEY Feed and brewing, $28.50-328 per ton. FLOUR Patents, $6.15 per parrel; straights, 95.75; export. 94.50; Valley, 95.80; graham, $5.75; whole wheat, quarters, 95.00. COHN Whole, 935; cracked, 936 per ton. MILLSTUFFS Bran. 24g'2S per ton; middlings. 934; shorts, ?25 3 2S; roiled bar ley. 32&33. ' OATS Xo. 1 white. 31'fi31.IVO per ton. HAY Track prices; Timothy; Willam ette Valley, $2021 per ton; Eastern Ore gon. 922&23; alfalfa. $170)18: California al falfa, 914fl7; clover. $15 16; grain hay, 91G'ttlS. Vegetables and Fruits. FRESH FRUITS Apples, 91.25 S box; pears. $1.50(1.75 per box; Spanish Malaga, 95.50ti per barrel; cranberries, fScjitt per barrel. POTATOES Carload buying prices; Ore gon 6070c per hundred; sweet potatoes. So per pound. VEGETABLES Artichokes. $11.35 per dozen; asparagus. 30c; cabbage. 1.75f(i2 per hundred; cauliflower, 92li'2.25 per dozen; celery, 9XOO7i' 4.50 per crate: egg plant, 25 cents per pound: ht-ad lettuce. 73 Hi 8.o per dozen; hothouse, lettuce. 91.25 fa'1.40 box; garlic, 32c lb.; horseradish, SwlOc per pound; green onions. 35fji 40c per doz; peas. IT'ac por pound; radishes, 25c per doz. ; rhubarb, 17 ?r 20c lb.; sprouts, 9c per lb.; tomatoes, 935.50 per crate. TROI'ICAL B'Ri:iTS Oranges. (203; lemons, $3 4.50; grapefruit. $3.504 per box; bananas, 35 i6c per pound; tanger ines. 91.75 per box. ONIOXS Oregon, 91-501.75 - per hun dred. SACK VEC.ETAFLES Turnips. nominal; rutalvagas. 91fS'1.25; carrots. $1; beets, $1.25; parsnips. 91. Dairy and Country Batter. BUTTER City creamery extras, S9c; fancy outside creamery, 359-3c per lb.; store, 2023VsO- (Butter fat prices average lV4o per pound under regular butter prices.) EGGS Fresh Oregon ranch, 22'.i'a'2i!c per dozen. CHEESE Full cream twins. 21o per pound; young Americas. 22231,c. PORK Fancy, 13il3Hc per pound. VEAL, Fancy, ViQizc per pound. ' POULTRY Hens, ISi&IOc: broilers. 25$ 27c; ducks. 20c: geese. 1213c: turkeys, live. 22foL'5c; dressed. 2529c; squabs. $8 per dozen. Groceries, Dried Fruits, Etc. DRIED FRUIT Apples. lOo per pound; peaches. 7c; prunes. Italians. 4' 5c; prunes. French, 4&5c; currants, 10c; apri cots, 12Hc; dates. 76c per pound; figs, 100 half pounds, 93.25 per box: 00 six-ounce. $4,715 per box; . 12 12-ounce. 75c per box. SALMON Columbia River, 1-pound tails. 92 per dozen; 2-pound tails, 92. 05; 1-pound flats, 92.1014; Alaska pink, 1-pound tails. 90c; red, 1-pound talis, 91.45; sockeyes, 1 pound talis, 92. mffCDC . a 1. o. rrs oo t . : . i720c; Cta Rica f any: 18&20c; good! 618o: ordinary, l'iVSilOc per pound. NUTS Walnuts. 15c per pound; Brazil nuts. 12 15c; filberts, 15c; almonds, laaiTc; pecans, 1516c; cocoanuts, 90c $1 per dozen. BEANS Small white, 5.60c; large white, 4V-.-C; Lima, 6Vc; pink, 5.20c; red Mexican, 74 a. SUGAR Dry granulated, fruit and berry, fl.25; beet. 96.05; extra C, 95.75:. golden C, 95.05; yellow D, f5.65; cubes (barrels), $6.65; powdered. "W.50; Domino, 91O.4Oe-10.9O per case. Terms on remittances. with in 15 days deduct 44 c per pound, if later, than 1ft days and within 30 days, deduct o per pound. Maple sugar, IS&lSu per pound. SALT Granulated. 914.50 per ton; half ground, 100s, 910.50 per ton; 00s. 911 per ton. HONEY Choice, 93.23S3.50 per case: strained, 7c per pound. Provisions. BACON Fancy, 25140 per pound; standard, 22c; choice, 2ac; English, 20ii&21c. HAMS 10 to 13 pounds, 19c; 14 to 18 pounds, 0c; 13 to 2o pounds, 19c; hams, skinned. 19c; picnics, 1314c; cottage rolls, loc; boiled hams. 25 & 27c. LARD KetUe rendered, 10. 18'4c; stand ard pure. 10. 17140; choice. 10s. ltH4c SMOKED BEEF Beef tongues, each 60c; dried beef sets. 19c; dried beef outsides, 17c; dried beef lnsldes, 21c; dried beef .knuckles, 20c. PICKLED GOODS Barrels: Pigs'- feet, $13.50; regular tripe, 910: honeycomb tripe, 912; lunch tongues, 919.50; mess beef, ex tra. $14; mess pork, 93- DRY SALT CURED Regular short clears, dry salt. 16ic; smoked, 17 He; short clear back, heavy dry salted, 16c; smoked. 17c: Oregon exports, dry salted, 16i4C; s-moked. 1710. j Furs. FURS Mink. Northwost Canada and Alas ka, 96.609; Colorado, Wyoming. Montana; Idaho and California. 94&5.50; British Co lumbia and Alaska Coast. 98(g) 10; Oregon. Washington, Idaho and Montana, $7; Lynx, Alaska and British Columbia, 928; Pacific Coast, 922; Raccoon, 7 5c 41. Skunk, Can ada, 92.50; Paoifio Coast, 7Ec1.60. Wolf and coyote, Canada. 94(&b; Idaho. Montana, Wyoming. 92.75 3.25; Oregon, Washington, Utah, Nevada, 1.603. Beaver, Oregon. Washington, Canada, Alaska, 95.50 7; Idaho, Montana, 910, Utah, Wyoming. 98.50 7; cubs. $2(3)2.60. Otter, Canada. Alaska, 912.50rl4; Oregon. Washington, Alaska, Can ada, British Columbia, 34.5D; Paclfio Coast, 91.75 2.50. Gray fox. Pacific Coast. 91-7S2.50. Bear, black and brown, Alaska, Coast. 110M15: cubs. 95 k 7 i arlzzlv. erfac 925 35. Badger, 92. Muskrat. Canada, Alas ka, 40c; $lil18; Pacific Coast, 910g12. Fisher, British Columbia, Alaska. 916(g) 20; Pacific Coast, $9315. Wolverine, 96 8. Sil ver fox. 9300500. Cross fox, 1015. Sea otter, 92004oO. Blue fox. js10. White fox, 91220. Swift fox. 40c Ermine, 40c. Mountain lion. I610. Ringtail cat. 25 y 76c. Civet cat, 10 30a. House cat. but 26a. Hops, Wool, Hides, Etc. HOP&; 1909 crop, lCffi20c, - according to quality; olds, nominal; 1910 contracts, 16 cents nominal. WOOL Eastern Oregon, 16 20a pound; Valley. 22 24c per pound. MOHAIR Choice, 25c por pound. CASCARA BARK 4H5c per pound. HIDES Dry hides, 16-S17C per pound; dry kip, ltig'17c pound; dry calfskin, 14ffD15c pound; salted hldee. 74g8c: salted calfskin, 14c pound; green, 1c less. Linseed OH. LINSEED OIL Raw Unseed, In barrels, 84c; in cases, 89c; boiled linseed In barrels, 8ftc; In cases, 91c Raw linseed in carload lots: Barrels, 81c; cases, 82c Bank Clearings. Rank clearings for the Northwestern cities yesterday were as follows tTlearings. Balances. Portland ...... Seattle Tacoma . ....... Spokane . ...... . .$ i,r75.:t;s .. 1.S31.4.-.7 SI 6, 521 Ue0,435 9223. 13 i 27,25 136,972 i6.U33 v Metal Markets. NEW YORK. March 10. The market for standard copper was weak today, with spot closing at 12.97 hi 13.10c; . March, 12.S0 13.12 Vio and May and June, at 1 2. SO 13.15c. London, easy; spot, 59 12s 7d; futures. 60 ls 9d. Local dealers quote lake at 13.24 13.S7Vjc; electrolytic. 13.37 Vi J 13.624c; casting. 13.12H 13.15c Tin was easy. Spot quoted at 32.40(5) 82.50c; March, 32.SO 32.45c; April, 82.40 82.60c; May, 32.40a2.65c; June. S2.50 &2.70C. London easy. Spot quoted at 14T 7s 6d; futures, 149 2s 7d. Lead quiet. Spot 4.6O4.05c New York. The London market was unchanged at 13 8b 9d. Spelter quiet. Spot 5,65 T 5.75c New York. The English market was lower at 23. Locally Iron was unchanged. Dairy Produce in the F.ast, CHICAGO, March 10 Butter- Steady. Creameries, 26 (3 31c; dairies, zl 25c Eggs Steady. Receipts 5224 cases at mark,' cases included, 2122c; firsts, 23c; prime firsts, 24c. Cheese Firm. Daisies. 1 6 14 16 -V; c ; twins, 1816V4c; Young Americas, 164lc; long horns, 1H 16jc. NEW YORK. March 10. Butter and cheese Firm, unchanged. Eggs Unsettled. Western 264c; seconds. 2424Vic. first," 25 Coffee and Sugar. NEW YORK. March 10. Coffee futures closed steady, five points lower. Sales, 43,250 bags. Closing quotations: March and April, 6.95c: May, 7c; June. August, September. October, November, Decembeim, January and February, 7.10c. Spot, quiet. No. 7 Rio, 8S4c; No. 4 Santos. WAc. Mild, quiet; Cor dova. V4124c. Sugar 'Raw. steady. Muscovado, .69 test, 8.86c; centrifugal, .96 test. 4.36c: molasses sugar; .89 test, 3.61c. Refined steady; Crushed,. 95.95; granulated, 95.25; powdered, 95.35. Dried Fruit at New York. NEW YORK-. March 10. Evaporated ap ples, quiet. Spot, fancy, 10tollc; choice, rovc; prime, 6HTHe; common to fair, 6(B'o. Prunes, firm. California, up to 30-40s, 2 94c; Oregons. 6 9c. Apricots, easy; choice, 1'4 1 1 -4c ; extra choice. 11V4 (& 12i4c; fancy, X2rl3i4c. Peaches, eteady; choice. fi7c; extra choice, 7H!?c; fancy, 7 & So. Raisins, firm. Loose muscatel. 2 f( r, 34 c ; choice to fancy seeded, sS6Sc; seedless, 34f4ic; London layers, $1.15J.25. ALL LINES STRONG Cows Are Ten Cents Higher at the Stockyards. SALE IS MADE AT $4.85 Hest Stcors Move Kreely at $6.2 5. Xo l-'ancy Hogs Are Oferecl. Good Run of Cattle, The stockyards saw another active day's business yesterday. There was a heavy run of stock, mostly cattle, and under a good general, all around demand everything was moved off at good prices. Except for an advance of VO cents a hun dred In cows, the previous level of prices was maintained. The cows that brought this premium over the former price were 21 In number and averaged 1104 pounds In weight. They sold for $4.S5. Most of the offerings ' were steers. Two cars that graded as extra good brought 96.23 and another lot $6. The majority of the steers sold went at f. 5.90. Bulls ranged from 92.75 to $4, according td quality. Two lots of hog were .disposed of. one of good quality at 10.2i and a small lot of common hogs at 99, The receipts for the day were 34T cattle. 3 horses and 16 mules. The shippers of stock were E. W. John, of Klamath Falls, two cars of cattle; O. D. Jones, of Gazelle, Cal., three cars of cattle; J. C. Dodson, of Slsson, Cal., nine cars of cattle. Tne mules were sent In by the United States Quartermaster's Department at Kansas City, and the horses came from Denver and Fort Riley. Kansas. The mules were consigned through to San Francisco. The day's sales were as follows: Weight. Price. 26 steers, good jo20 95.90 i2 steers, extra good 1218 6 25 5 steers, good .....1015 6.00 21 cons, extra good 1104 4.85 16 bulls, good 150 4 00 1 "!! a'r .-..1371 3.75 2 bu fa,r 13S2 8.50 6 bulls, common .............. 1W0 2 75 2 bulls, common 1433 2 50 22 steers, extra good ........... .1104 6 25 3 steers, fair 913 510 27 steers, good Jfl9 r0 26 steers, fair to good 1026 5 90 6 steers, good 3010 3;90 2 steers, good i010 n(M) 2H steers, good 10o 5.90 l cow, common ............. so 25 1 cow, good J7- 1 cow. fair 7S0 s 6 cows, good "....1007 4 25 1 calf, good Ktt0 6.00 6 calves, extra good . ; 30 2 hogs, common , 21.-, 900 2- hogs, good lsa 10 23 .P,LSei1,H,ote, the Wous classes of Tows- yards yesterday were as fol- CATTLE Best steers. 93.75g6.25 ; fair to ?0n8iL'y f55 r': strictly rood cows. 94.50(5)4.85; fair to good cows, 94(&)4.50" light 9?1-)'?? ;';50'6: heavy calves. 945; bulls. 9 J.75i 4.25; stags. 93(34.50 &9I75G! Top. 91O10.50; fair to good. 99 S?l:EI!T,ost. aethers. 966.50; fair to fambs.W97 75?' 5-605 '5: 96; Kastern Livestock Markets. ,?,"IC25Mar"h 10 Cattle Receipts e.tl 2la,'edaat 8U": Marke' steady. B.Ves, 95.2(4 t&ti S66?' 4-7''S-5 9): Western 94.80j?0.W); dockers and feeders, 3.80(fitt35: lS 00 an1 heIfera' 2-e.60; calvts. 97.5V ?'pts estimated at 16.O00. Market ?o?-,ohk??le,"-v L'sht, 96.301jao.75; mixed, . 910.35(610.90; rough ?AiX1,(51,OB5:.,J""1 to cnoice heavy, $10.S6( 10W; ' 9-ou'10-3; b"' of sales, 910.60 ' Sheep Receipts estimated at 10.000. Mar ket Meady. Native. 9r.-fftt.10; Western, 95.5nfi S'J2: yf,arItnKs. S7.8.Vf8.75; lambs, native. 8.50; Western, 9S69.60. KANSAS CITY. March 10. Cattle Re ceipts 4O00. Market strong. Native steers 96J8; cows and heifers, 93.2.-(?r7 ; Mockers and iVteJ ;2si8.25; bulls, 94.60-g6.85; calves, 94.5OS0; Western steers, 95.25S7.50: .Western cows, 93.50(?r6. Hogs Receipts 70O0. Market 20iS30c higher Bulk of -sales. MO. 10510.40; heavy. 910.4(?i 1O.B0; packers and butchers. 910.15S10 45 light. $9.8(S'10.30;piKa, 9S.5-9.60. Sheep Receipts 6"00. Market strong. Mut tons 96.50-5:7.75; lambs, 9S9.36; fed Western wethers and yearlings, 97(68.76; fed Western ewes. 90.60g'7.60. . OMAHA. March 10. Cattle Recelnts 2500 Market stronger, active. Native steers 95 25 .75; cows and heifers. $4.50(56.15; Western teers. S5. 756 50; canners. .3r4; mockers and feeders, 94SJ6.50; calves. 94-S8.25; bulls stags etc., 94G2-5.75. - ' Hogs Receipts 850O. Market 20-S35C higher Heavy. 9!O.30(B 10.45; mixed. 910.20!lo.30 light. 910.10-510.25; pigs, S.259.60; bulk of sales. 910.15(S10.30. Sheep Receipts "4500. Market 10c higher Yearlings. 97.7508.75; wethers, $7.60a-7 90 ewes, $5.757.75; lambs, 99'?9,40. " REDUCE THEIR OFFERS SEATTLE DEALERS Bin OX'LY $1.09 FOR BLiTJESTEM. Flour Trade Dull With Large Stocks on Hand Feed Market Is Weaker. SEATTLE. March 10. SpeciaL The highest price offered for bluestem wheat here today was 1.CB. with holders asking $1.10. Millers are doing practically no grinding at all. prominent factor In tha trade stated that he believed there Is enough patent flour In the state to last the trade three months. The export trade Is fiat again. It la stated that there are a mil lion bags of flour at Hongkong. Grain men state that California should still need considerable wheat, but that out side of that demand and what little will go to Mexico, little wheat will be consumed, unless the price gets down to an export ba sis again or about $1.04 for bluestem. Since the Oregon. & Washington Railroad commenced to do business here, Oregon feed men have been cutting Into the business and have about demoralized the market. Two carloads of apples arrived today from Toppenlsh and a small lot arrived by ex press from Cashmere via Spokane. Fancy apples were materially higher, the best Wlnesaps being quoted -in some quarters at $3. As high as 13.25 was asked for extra fancy Spltzenbergs. While asparagus was quoted at 28 cents a pound today, a large shipment Is due to arrive on the next boat and was being sold to arrive at 12 V4 cents. Butter, eggs and cheese were unchanged The drop in the price of California, cheese has headed off an advance here. QUOTATIONS AT SAN FRANCISCO. Prices Paid for Produce In the Bay Clti Market. SAN FRANCISCO, March 10. The follow ing were the quotations In the market to day: Mlllstuffs Bran. $25.50027.50; middlings. $33(gg'36. Vegetables Cucumbers. $1.25 fir 1.75 gar lic, 3(g 5c; green peas, 8c; string 'beans, nominal. 35c. Butter Fancy creamery, 32c; creamery seconds, 32;: fancy dairy, 30c. Eggs Store. 19 .c; fancy. 31c - ChecTO New. , 16HS17VaC; Toung Americas 18Vj(&19MiC. Bay Wheat. $14 19; wheat and oats $11 014c; alfalfa. $912; stock. $9; straw, per bale, 5075c Hops IS 22c per poind. Wool Spring; Humboldt and Mendoceno, 13 15c: South Plains and San Joaquin, 8a 10c. Fruits Apples, choice, 75c $1; common. 5ft(!ffi.c; bunanas. :v $3 ; limes, $5ra.sr.o lemons, choice, $1.50(2; common. 91 1.25; oranges, navels. 9L252.50; pineapples, 920 2.60. Potatoes Oregon Burbanks, 91 1.20; Early Rose. 91.351.40; Salinas Burbanks, 11.3.-. 1.6U; sweets. $2. 10J 2. 25. Poultry Roosters, old. 955.50; young, $7 9; broilers, small. $3.604.50; large. $5(36; fryers, 9S7; hens, $6 4(10; ducks, old. 95.50 U6.B0; young. J7ifS. Receipts Flour. 480 3 sacks': wheat, 635 centals; barley, 4225 centals; oats, 20 cen tals; Dotatoes, 2500 sacks; bran, 10 sacks; middlings, 25 sacks; 4iay, 770 tons; wools, 131 bales: hides, 32H5. Money, Exchange, Etc. NEW YORK. March 10. Money on call easy, u. (& 3 per cent; ruling rate. 2 per o?nt: closing bid, 3 per cent; offered at 3 per cent. Time loans much stronger. Sixty days, 3 per cent; 10 days, 4 per cent; six months, 4 per cent. Prime mercantile paper, 4M5 per cent. Sterling exchange firm with actual busi ness in bankers' bills at 94.8445(S'4.R4i5 for SO-day bills and at $4.88 for demand. Commercial bills $4.84 4. Mist. Bar silver 50 Tic. Mexican dollars 44c Bonds Government, steady; railroad, firm. ION DON. March 10. 2S 7-lSd per ounce. -Bar silver Steady, Money 1 Hl'li per eent. Tl3 rate of discount in the open market for short bills Is 2 9-16j(2H per cent; three months' bills. 2 9-16 (p 2 per cent. Consols For money. 81; for account. SAN FRANCISCO. March 10. Sterling, 60 days. $4.34: sight, $4.87,14. Sliver bars .'iOc. Mexican dollars 4 4o. Drafts-Sight, 2 "Ac; telegraph, 6c. Dally Treasury Statement. WASHINGTON, March 10. The condition of the Treasury at the beginning of busi ness today was as follows; Trust funds Gold coin $854,864,860 Silver dollars . 4S7.1v..oOO Silver dollars of 1890 ; . . 3.S22.00O Silver certificates outstanding... 4S7.13U.OOO General fund Standard silver dollars la gen eral fund 4.S76 670 Current liabilities 100.010,009 Working balance In Treasury of- . fife, 21.068,417 In banks to credit of Treasurer of the United States S5.86S.40l Subsidiary silver cola 81,307.647 Minor coin .................... 1,147,793 Total balance In general fund . . 61,369,657 AFFECTED BY CHARACTER OF MERGER TESTIMONY. American Tobacco and Standard Oil Also Rising Bonds Con tinue Firm. NEW YORK, March 10. The action of the stock market today threw no clear light on financial, commercial or Industrial conditions. . There was some rather striking selling In continuation of the free profit-taking of the latter part of yesterday. London Joined in this selling in agreement with its attitude for several days past, but reversed Its posi tion in the course of the day. The view of the labor situation In Phila delphia, which was believed to have influ enced the selling of yesterday, was modified to a more hopeful feeling for restriction of the area of the trouble and for Its early set tlement. The advance in the dividend rate on New York Central was an influence in the day's dealings in the way of having re ceived credence for suggestions of coming increases in other dividend rates. The special prominence of the Harriman Pacifies in the advancing tendency is asso clatea with an opinion heard itt Wall street that the testimony In the Government's suit against the merger of that system promises well for the company's contentions. The same sort of sentiment has been cultivated in connection with the current rise in prices In regard to the chances of the American Tobacco and the Standard Oil suits The February statistics of the Copper Pro ducers' Association- was a less satisfactory asset. In the money markets the feature was the reduction of the demand in Paris The New York banks are losing cash to the Government again and bond flotations make a requirement rm credits. Bonds were firm. Total sales, par value $3,97T.0O0. United State, bond. changed on call. CLOSING. STOCK QUOTATIONS. Clo5ing Sales. 4O0 28. BOO 8( "I S.6IIO 200 900 2,000 1,000 1.2I.O 2( K 21 0 18,000 2O0 400 6,500 SCO SO0 High. 464 83 48 4o4 78;, 67 1, 6014 42 27T, 15 H 54 S8-, 110 1261.4 14214 fsv. SS 61 1,4 61ii Allis Chalmers pf. Amal Copper . . . . Am Agricultural .. Am Beet Sugar Am Can pf ..... Am Car & Foun. Am Cotton Oil . . Am Hd Lt pr Am Ice Securi ... Am Linseed Oil . . Am Locomotive . . Am Smelt A Ref. do preferred . . . Am Sugar Ref .. Am Tel & Tel .... Am Tobacco pf .. Am Woolen Anaconda Mln Co. Low. 46 flH 47 S94 78, 66 6i M Sl 46 ?S3 66 C7 40 26 15 64 87 110 125 141 98 37 60 50 103 132 113 91 30 76 180 43 17 SOO 87 60 31 158 147 86 42 62 81 79 147 19 177 42 80 84 31 61 40 156 139 70 142 22 56 92 21 IS 48 24 38 69 154 , 42 144 71 -J3 72 111- 86 126 45 1034 81) 138 33 137 J 11 101 45 45 1, 41) 13 60 90 66 29 74 81 129 29 67 34 31 44 68 191 99 76 45 88 121 61 58 22 49 61 ?. 5 65 22 60 118 41 26 '4 15VJ, 54 tj 87 110 J 16 14J-B 98 i 37 H 60 i.iV H3Vs 6.100 Atchison 13,200 ao preferred Atl Coast Line 600 4.000 i.33" 113 .Bait & Ohio ... do oreferred Bethlehem Steel Brook Rap Tran.. 8.7HO Canadian Pacific .. 40O Central Leather .. 100 do preferred ... loo Central of N J Ches & Ohio .... 8,80 Chicago & Alton ... too Chicago Gt West. 9O0 Chicago & NW ... 3.3x C, M & St Paul .. 8.100 C, C, C & EH L... 3.500 Colo Fuel & Iron .. 2.400 Colo & Southern . . 100 do 1st preferred. . do 2l preferred. Consolidated Gas .. 2.000 Corn Products ... 800 Del tk Hudson, .. D & R Grande ... 1,200 do preferred ... - 2i0 Distillers' Securi .. 800 Erie 4.SHO do JrFt preferred. 7"0 do 2d preferred. General Electric .. 400 Gt Northern pf ... S0O it Northern Ore . . 300 Illinois Central ... So0 Interborough Met.. 6.R-X) do preferred ... 3, 700 Inter Harvester .. 600 Inter-Marina pf .. 200 Int Paper ....... loo Int Pump ........ ...... Iowa Central .... 5O0 K C Southern ... 2,100 do preferred . . 10O Louisville & Nash 1,900 Minn & St Louis. 4(rt M, St P & S S M. 1O0 Missouri Pacific .. l.loO Mo. Kan & Texas 8.600 do preferred ... 78 1801J 108 ?5i 76 IS" !4 43 100 60 31 157 147ii 42 3 ov 32 158 "i 148 861 43 63 19 19 Vi "43i,i 80 S4 32 14 62 i 139 71 144 23 67 2 21 25 .19 70 155 43 144 72-4 44 147 18. 42 S(. 84 81 61 157 139 'S 6614 92 21 1 3 70 154 43 144 1 71 43 '86'" H'8 National Biscuit National Lead 300 8 127 6 104 SO 139 331,4 13S 112 103 Itf 45 46 170 41 "si 91 57Li SO tiW 131 S9 68 85 31 46 68, 192 lOO N Y Central 19.800 N Y, Out & West. 9"0 Norfolk & West.. 36.200 North American 2o0 Northern Pacific 2.90O 1"2 80 138 32 137 112 101 45 45 169 4 'it" 90 50 29 74 82 129 29 tin 35 31 45 7 1! 99 77 1'acinc Mail ... Pennsylven la People's Gas P. C C & St L. 20 41,600 200 a.3m 2c0 3oO Pressed Steel Car. Ry Steel Spring.. ruwjmg Republio Steel 138. SOO 7oO do "preferred Rock Inland Co . . dn preferred 33.90O I.O0O St L & S F 2 pf. JJt L Southwestern do preferred . . Sk-SheffielU .... 1.70O 7(K) 100 2JO Southern Paoifio . .46,700 Southern Railway do preferred Tena Copper .... Texas & Pacific . . Tol, St L & West do preferred . -, Union Pacific do preferred . . U Realty 5H 2 5;0 300 900 70O . 82. lOO 500 loo ". 104. 3tV . 1.40O IT S Rubber . U S Stel do preferred Utah Conner 88 122 .12 59 23 50 51 87 122 51 58 22 49 51 75. 76 3.700- Va-Caro Chemical. 12.5--0 Wabash 7' H do preferred Western Md Westlnghouse Elec Western Union ... Wseel L Erie. . 7.10O 51X1 1.200 SOO Wisconsin Central. 200 55 'J Pittsburg Coal .... 1.80O 22-j," Am Steel Fdy 4"0 00 tj United Dry Goods.. loo 119 Laclede Gas 2H 1034 65 22 60 119 103 i-i 103 Total sales for the day. 721,300 BONDS. shares. NEW YORK. March 10. Closing quota U. S. ref. 2s reE.looVN. Y. C. gn 3si flo do coupon . . .101 Tfc.No. Pacific 8s... 70 U. S. 3s reg.... n;i,;x0. pacific is.iniUB do coupon . . . 102i-5r'Vnion Pacific 4s. 101 U. S. new 4s reg.114 li 1 Wis. Central 4. 3 ; Ido coupon .. .114 Japanese 4s .... 91 D. R. Q. 4s.7aB BULGE AT THE START Wheat Prices Show Early Gains at Chicago. SELLING PRESSURE LATER All the Futures Fall Away to a Close 3-8 Cents Lower Than Wednes day's Final Figures Coarse Grains Are Down. 1 CHICAGO. March 10. The first hour In the wheat "market today showed the prin cipal bulge of the day and May and July advanced c. Selling pressure developed In th nearby month, and all the futures fell off to a close of e lower. May trav eled from 1.13 to SI. 12 and July touched all the fractional points between $1.07 and Sl.05. In the finishing rush July advanced to Sl.06 and May to 1.13. In corn a slightly improved demand gave, a firm tone to the early market after a weak opening, but this was speedily coun teracted, by Increased selling from cash houses. Tha May delivery sold off from 64c to 62 c. Shorts, seeking to cover, ral lied the market somewhat In the closing half hour, but still left prices weak at the close, with May c oft at 63 c. Trade In oats followed closely that in wheat and corn. May showed the widest fluctuations, dropping to 43 c Shortly be fore the close a demand from shorts took -prices away from the low point. May clos ing o down at 44c Provisions eased off to a finish of from 6c to 10c lower. The leading futures ran god as follows: WHEAT. Open. High. Low, Close. May 1.13 $1.13 $1.13 $1.13 July 1.07 1.07 1.06 . 1.07 Sept 1.04 1.04 1.03 1.04 CORN. May 64 .64 .62 .63 July 65 .65 -.64 .65 Sept .66 .66 .65 .65 OATS. May..;...' .45 .45 .43 .44 July...... .4i' .42 .42 .42 Sept 40 .40 .i9 .40 MESS FORK. May 26.55 25.60 . 25.25 25.25 July 25.55 25.60 25.27 lia.22 LARD. May 13.85 13.95 13.80 13.60 July 13.75 13.81 13.61 13.65 SHORT RIBS. May 13.35 13.37 13.32 IS. 32 July 13.32 13.32 13.12 13.15 Cash quotations were as follows: Flour Easy. Rye No. 2. 7879c. Barley Feed or mixing, 59&61c; fair to choice maltinjr, 65-70c. Flax seed No. 1 Southwestern, ?2.11; No. 1 Northwestern, $2.21. Timothy seed $3. v a 4. Clover $12.40 Pork Mess, per barrel. $25. 25(& 25.50. Lard Per 100 pounds, $13.!5. Short ribs Sides (.loose), $12.75 & 13.25. tildes Short, clear 1. boxed J, $13.,5Hf 11. Grain statistics: Total clearances of wheat and flour were equal to 68,000 bushels. Primary receipts were 653.000 bushels, compared with 621. 000 bushels the corresponding day a year ago. Estimated receipts for tomorrow : Wheat, 27 cars; corn. 267 cars; oats. 101 cars; hogs, 16, 000 Iread. Receipts. Shipments. Flour, barrels 51,600 34.U00 Wheat, bushels 61,200 ' 33,610 Corn, bushels 1S8.70O 173,100 Oats, bushels 250,20 0 - 183.200 Rye.' bushels 3. OO0 6.01)0 Barley, bushels......... 96. 000 - 72,400 Grain at San Francisco. SAN FRANCISCO, March 10. Wheat Steady. Barley Firm. J Spot quotations Wheat (Shipping l-85(& 1.92 . Barley Foed, $1.37 il L43 ; brewing, $1.46. Oats Red, $1.51.S5; white. $1.651.70; black, $1.50(2.30. Call board sales Wheat No trading. Barley May, $1.42; December, $1.31 bid, $1.32 asked. Corn ,Large yellow, $1.701.75. Grain and Produce, at Mew York. NEW YORJv, March 10. Flour. Steady, with a poor local trade. Receipts, 27,423 barrels; shipments, 9000 barrelB. Wheat Spot easy. No. 2 red, $1.27. nom inal, elevator domestic and nominal t. o. b. afloat; No. 1 Northern Duluth- and No. 2 hard Winter, $1.27 nominal f. o. b. afloat. Wheat had a steady opening, but developed weakness under liquidation. May closed $L'ii, July $1.13, September $1.11. Re ceipts, 240O bu. ; shipments, 2U00 bu. Hops and hides Easy. Petroleum Steady. Wool Quiet, Minneapolis Grain Market. MINNEAPOLIS. March 10. Wheat May, $1.13; July, $1.13 ft; cash No. 1 hard. $1.14 L1S ; No. 1 Northern, $1,140 1.15: No. 2, $1.12-1.13; No. 8, $1.07a)l.ll. Flax $2. 20. Corn No. 3 yellow, 64($G7c. Oats No. S white. 42Sp42c Rye No. 2, 7274c. European Grain Markets. LONDON. March 10. Cargoes dull and Inactive. Walla Walla for 'shipment, nom inal, 80s 6d. English country markets- dull, French country markets quiet. LIVERPOOL, March 10. Wriest March, 8s d; May, 7s d; July, 7. 91. Weather unsettled. I Grain Markets of the Northwest. TACOMA, March 10. Wheat Bluestem, 11.I1SI.H; club, $1.02L0; red Russian, $1.04. SEATTLE. March 10. Milling quotationa: Bluestem, $1.10; club, t,0 6 ; fife. $1.06; red Russian, $1.03. Export wheat Bluestem, $1.07; club, $1.03; nfe, $1:08; red Russian, $1. Yesterday car receipt. Wheat, two cars; barley, one car. Eastern Mining Storks. BOSTON. March 10. Closing quotations: Alloitea 55 jMiaml Copper .. 24 Amalg. Copper.. 81Mohawk 64 A. Z. L. A 6m. 31 IXiplssing Mines, loia Arizona Com.... 39;North Butte 4a Atlantic 9North Lake . . . .' 22 B C C A C rts. . 20 Old Dominion .. 45 B & C O S M. 17IOsceola 157A Butte Coalition. 26 jParrott (S & c 2 Cal. & Arizona. 75 (Qulncy ..... 89 Cal. & Hecla 630Ashannon '. 13 Centennial 22iSuperlor ... " 57' Cop. Ran. C. Co. 77,Sup & Boa Mln. 13 E. Butte Cp. M. U;.Sup & Pitta Cop. 14 Franklin 21 Tamarack tin Giroux Con. ...934 S. Coal & OH ,'19 Gran.by Con 87 U. S. S. R. & M 48 Greene Cananea. 10! do pfd. .... 614 I. Roy ale tcop. ) 21 r tan Con. ....II 34 Kerr Lake 8Winona .... 11 Lake Copper ... 77 Wolverine 147 La Salle Copper. 66 ' New York Cotton Market. NEW YORK. March 10. Cotton closed firm and within a point or two of tl& best, with a net gain of points. March' 14.89c; April, 14.81c; May, 14.86o; June. 14.67c: July. 14.56c; August, 13.93c; Sep tember, 12.7c: October, 12.57c; November, 12.41c; December, 12.38c; January, 12.3c Cotton Spot closed quiet. 20 points higher. Mid-uplands. 16.00c; dot Gulf 15.25c. Sales, 2000 bales. Wool at St. Louis. ST. LOUIS, March 10. Wool Unchanged. Territory and Western nKdlums. 2427o; fine mediums. 19'g'24c: fine. ll(f20c. "Wets" Renew Fight In Dallas. DALLAS. Or., March 10. (Special.) Dallas will combine the campaign of the "w-ts" and "drya" with a vote on the proposal to vote $5000 of refund, itisr water bonds at the . regular elec tion April 4. Dallas is nominally dry now and opponents of. this order assert LUMBERMENS National Bank CORNER FIFTH AND STARK STS. Capital C. IC. tlliSTWOIlTH . JOHV A. KK.ATIMi . tiKO L. MorHERSO.V . II. U. STORV . .' . . F. A. FRBEMAX ... Gil A II AM DUKEHART C. K. Wmtworlk Cbna. s. llussell George G. Bingham Lloyd J. Went worth Job n A. Iveatlnar Robert BITUL Combines the inherent stability of the mineral aggregate with the cementing qualities of the bituminous cement, and produces a smooth, dustless, waterproof pavement, makng ideal streets that beautify the city and enhance the value of. property. BITULITHIC has more intrinsic value than any other sheet pavement, AMERICAN BANK & TRUST COMPANY SAMUEL CONNELL, President G. L. MacGIBBON. Cashier CAPITAL. $150,000 Does a general nankins; business. Opens checking accounts without limitation as to amount. Pays interest on time and savings deposits. CORNER SIXTH AND OAK, that trade is being lost to Salem in consequence. The council has ordered several new street ligrhts and the. ex tension of the macadamizing, of the streets be pun last year. AVIATOR NOT DISPIRITED J. C. BCKKHAltT WILL, REPAIR JAMAGE AND THY AGAIN'. Says He Expected Mishaps at First. His Machine Is Only Slight ly Injured. ALBANY, Or., March 10. (Special.) Not discouraged by the accident which marked the initial flight with his new airship yeeterday afternoon, John C. -Burkhart, the Portland aviator, is work ing to get his machine in shape for fur ther experiments. He says the damage can be repaired speedily and that if the present good weather continues he will be ready to undertake another flight within a week. Though the machine fell from a height of 30 feet yesterday its descent was some what gradual and this prevented serious damage as well as saved Burkhart from injury. One runner of the machine is broken. Before attempting the next flight, Burkhart will repair the defect in the rudder which caused yesterday's accident. The wires controlling the rudder had not been adjusted right and jarred loose so that the aviator had but little control of his machine after ascending. It was not Burkhart's intention to make his initial flight when he went to Goltra Park yesterday afternoon. On the pre vious afternoon he had been testing the englne with ground runs and it had not been working well and he went out to make further teats with the engine and get it In shape. When he tried the en gine it worked so well and the atmo spheric conditions were so nearly per fect that lie decided to try a flight at once. Burkhart is greatly encouraged with tha fact that the machine rose from its track after a run of only 60 feet. It ascended splendidly and Burkhart believes that if the rudder had been working properly the very first flight would have been successful. However, he expected some mishaps and says there may be mora but that ha will soon be flying suc cessfully. NEW STREIB TRIAL DENIED Content km Made Additional Evi dence Is Discovered. " OREGON CITV, Or., March 10. (Spe cial.) Circuit Judge Campbell today de nied a motion for a new trial In the 10,000 damage suit of Mrs. Vonnie L,. Streib against Mayor Philip Streib, for the alienation of the affections of her husband, Philip Streib. Jr. The young woman obtained a verdict of JrlOOO here a few Weeks ago. Motion for a new trial was based on the ground that Mayor Streib had obtained addi tional evidence that had developed lately. It is probable that Mayor Streib will ap peal to the Supreme Court. Hubfeard Gets $10,000 Bank. HUBBARD. Or., March 10. (Special.) Hubbard is to have a bank as soon as the material can be had and a suitable building erected. Articles of incorpora tion have been filed with the Secretary of State and the capital stock of 10.000 has been fully subscribed. The directors of the new Hubbard State Bank are: d. M. Fry. s. W. Weaver. J. L. Calvert. G. N. Beck, G. W. Knight. C M. Trul linger and Bud Thompson. With the $250,000 OFFICERS 1 ... President . Vice-President . Vice-President .... Cashier Assistant Cashier Assistant Caahler DIRECTORS 1 I. S. Brumby Dr. K. A. JT. Mackenzie J. K. Wheeto George I McPherson U. 1. story Treat Flatt PORTLAND, (OltEGOX. exception of G. N. Beck all the directors are pioneer residents of Hubbard and vicinity. Mr. Beck came here a year ago from Kansas. He has Invested in considerable property in Hubbard and Is, at the present time, in the lumber busi ness. Nearly 200.OO0.0OO popn In India are d pendent on agriculture for thir llvifie. Bonds Investments Timber Lands McGrath & Neuhausen Co. 701-2-3-4-5 Lewis BIdg. PORTLAND, - OREGON TRAVELEB GUIDE. HAMBURG-AMERICAN All Modern Safety Device Wtreles. iitc LONDON 1-A HI S HAMBI KO Pres. Grant. Men. lU IKaia Auk Vlc.Apn. 38 a p- M- , JTBluecher April 21 tAmerlka ...Mch. 26 Pres. Lincoln. April 2.1 JPretorla . ... April XcincinnaU. . .April S UGrf Vt aldersee Apr. a JRItx-Carlton a la Carte Restaurant. i namuui g uirei-u -umiti iiymoutn. ITALY v ALTAI. rS and. 8. S. BATAVIA (Naples only) Mcli SS5. 1 P. M. S. K- If 4 lKT'Ki f....h S. S. -MOI.TKK .".April lil TKAVELLERS' CHECKS ISSUED. Touript Dept. for Trips Kverywhere. If amhurfr-Ameriran "Line, ISO Powell St., Kan l'runc-invo, Cal. and I,ocal R. K. Agents in Portland. SAX IHAX CISCO & l'ORTXAND S-. S. CO. Only direct steamers and daylight sailings From Alnswortu. dock. Portland, 4 P. M. 8.S Rose City. Mar. 11. 25. S.S Kan sax City. Mar. 18. From pier 0. San Francisco. 11 A. M. S.S Kansas City, Mar. 12. SB. U.S. Ke City, Mar. 19, Apr. 2. . M. J. KOCHE, C. T. A.. 142 Third St. Main 402. A 1402. J. W. RANSOM, Dock Agent, Alnsworth Dock. Main 2 lis. a 1234. v NORTH PACIFIC STEAMSHIP COMPANY. . t. Santa Clara sails for . Eureka and San Francisco March 12-28. at 4 p. M. S. S. EMer sails for Eureka. Ban Francisco and Lon Angeles. March 1. IS. 2U. at 8 P. M. S. S. Roanoke sail fop San Francisco and Los Angeles. March 8. 22. at 8 P M. Ticket office 132 3d bu Phones Main 1314. A 1314. M. Youngs. Agent. COOS BAY LINE The steamer HAMONA leaves Portland every -Wednesday, 8 P. M from Alnsworth rtock lor 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 tvashincrton streets, or Alnsworth dock. Phone Main 268.