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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (April 2, 1910)
TIIE MORNING OREGOXIAX, SATURDAY, APRIL 2, 1910. 21 BUTTER WILL DROP Three-Cent Reduction in Price Today. NEW QUOTATION 33 CENTS Values Reud justed Because of Hie I-ower Market Prevailing in California Eastern. Situa tion Is Still Strong. Butter prices will drop three cents a. pound lft the local market this morning. The new quotation that will be put out by the local creameries will be 33 cents. This decline has been expected for some time, notwith standing the fact that supplies f city cream ery butter are not heavy. The lower mar kets in California have become a factor that could not be iprnored and although, only a small quantity of Southern butter has bern broueht here to date. It was ap parent that If prices were not readjusted, the local creamery trade might be seriously lntt rferred with. A further decline In Portland prices can bo expected later, but probably not within a week or 10 days. The course of the mar ket here will depend in a degree on the situation In the East, where the markets are st Ml quite firm, as the current make Is barely up to requirements and storage stocks r about exhausted. At the moment the California market Is steady under liberal shipments to Halt Lake. Spokane and Butte, these markets being unable to draw from the East because of the hitfh Eastern prices. The Portland market on this late last year was at 32 cents, dropping to 27 cents on Ajrll . Bottom was touched at. U4 cents cn May 4. A week later there was & a-cent advance and thereafter the market held steady to firm throughout the flush season. On this late in J'.tOS. city butter old at 30 cents and did not touch bottom at 22 a cents until May 1. Three years ago today butter was quoted at 37Vj cents and fill rapidly to 22 1, cents on the last day of April. In IDutt. on April 2. butter brought 27 cents and reached bottom at 20 cents on April 23. The market took the sttme course In UHKi. In 11HJ4 there was a 30-cent market on April 2 and a 20-cent market on May 7. 1.AMB CROP IS INISIALLV I.AIU.E. Percentage In Katern Oregon the Heaviest In Years. "With the lambing season In Umatilla County almost at an end, the flockmaatern are beginning to feel that they are already well repaid for the extra amount of money they had to put Into hay and grain for feed during the extraordinary Wln'.ir, tajs the East Orcgonian. Owing to the splendid con dition in which the ewes were brought through the Winter and owing to local lambing conditions which have prevailed since the breaking up of the long cold pell, the percentage of the lamb crop this year will be the largest in many years. The wools-rowers, therefore, figure that the extra percentage of increase will be enough in many Instances to overbalance the exces sive feed account. Though the sheep men felt the extra expense they were put to during the Winter, their ewes are so much stronger that their losses of ewes and weak lambs has been the least in years. With the present high prices It will not take many lambs to make up the difference. Reports from all parts of Eastern Ore gon are to the effect that the percentage or increase will be from 95 to 100 per cent, while lii many Instances the percentage will be very much better than 100 per cent. T'nder ordinary conditions an Increase of t(V per cent in flocks of range sheep Is con sidered good. t'sually thnre are a number of growers who do net make this average, but this year it is not believed that a single band will go below i)u, while many will go above loo. ;kaix markkt qiikt ami steady. Jftut I Attic BuMncwn Heing Done In Any Department. The business t-assing In the local grain market Is of small volume. Wheat prices show but little change. Some trading in oats at is reported. Barley Is quoted weak at K27. Weekly foreign wheat shipments are re ported by the Merchants Exchange as fol lows: This Wk. Last Wk. Last Yr. .ti-jshelp. .Bushels. .Bushels. Arsentlne .... l.uss.imo India tbKt,oH l,7tM.MO0 4 52O.O00 4ltJ.O0U 8,000 -oval receipts, in cars, as reported by the Merchants' exenange were: Wheat Barley Flour Oats Hay Monday . . . TuMlHy . . . "WVtl nt'Bday Thursday . , rrtduy Yepr ago . f-Vasoi. to di Year ago . . 2 5 9 2 111 2t 4 7 4 3 1! o S u x t 7 r 2 .OK!i l jn 1 so: 131; 21 S4 .2tifc 34U5 liU7 722 23U MXETKKN CENTS OFFERED FOR HOPS. Kastrrn Order are omlnc in and Market Mhs Better Appeamnee. A better ftoling prevails in the hop market. Prices are firmer and are showing an upward tendency. Of the Improvement in trade con ditions there can bo no question. A demand from the East ls beginning to manifest itself nd a the growers have become stronger, be cause of the repeated offers made for their hops. It ia considered quite likely that Olivi nes will develop at a better range of values than ha been lately current. An offer of 39 cents was made yesterday by Klaber. Wolf & Netier for the Flannagan A Cornell lot at Grants Pasts. Several other deal ers were In the market for hops for shipment East. Offers were a Wo made br exporter A. J. Luce, widely known as "Pop" Luce, an oM-tlme dealer, grower and speculator in hot, and now a retired capitalist of ft tea. X. Y.. was in the city yesterday. Mr. Luc has been spending the Winter In Southern California and Is now on hup way home. l.ood Trade In ire-n lroluce. Amons the green produce receipts -steruay wre two cars of cabbage, two cars of celery end one car of oranges. Asparagus cleaned up well, nothing being offered under 7 cent, Oreicon rhubarb was more plentiful and was offered at 4 cents. Hothouse lettuce was a drug oa the market at 50 cents) to $L per box. Other vegetables were steady. Kck nd Poultry KeoelpIS Light. Receipts of eKs yesterday were not espe cially heavy. Liberal shipments were made to Sattle and them, with the storing opera tions, obsorbed all the stock received. The market was quoted firm at 23 cents. Poultry arrivals were also light and prices were steady at the previous day' range. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: Clearings. Balances. Portland - .$2.20S. 7:12 $;;." J. 7:i2 Seattle , 2.135.471 211.215 Tacnma - 2.i41.MM 114.1n;0 Spokane rt."0.;t00 00,430 PORTUNO MARKETS, t.rain. Flour. Feed. Ktc. R A R I .ET Fed and bre wi n g, $27 per t on . WHEAT Track prices: Bluestem. V02i; club. tTi!i7c: red Ruasian, SKc; Val lv. $l; 40-f1d. t7-?Sc. Fl.oi'R ra rents. $5.75 per barrel; Straights. $4. 7 5 kv 5-5: export, 3.00 ti 4.3; Val ley. $5.iin : graham, $5..X; w hole wheat, quarters. 5.70. COUN Whole. $T.4; cracked. $S.1 per ton. HAY Track prices: Timothy. Willamette Vailty, $20 ti 21 per ton; Eastern Oregon. $2324 ; alfalfa, 16.50 17-50; grain Bay. 17tf 18. MILLSTUFFP Bran, $24 per ton; middlings. $33. M; shorts, 202; rolled barley, J-30.5031.r0. ' OATS No. 1 white. 2 per ton. Vegetables and Fruits. FRESH FRUITS Apples. ?1.25g3 boxt cranberries. $S tfrO per barrel. POTATOES Carload buying prices: Ore gon. 50g fiOc per hundred ; sweet potatoes, 3 ft 3 ie pr pound. VEGETABLES Artichokes. 75c$?l per doz.; asparagus. 7fi9c; cabbage, lsi&Sc per pound; cauliflower. $1.70&2 per dozen; celery, $4g4.0; per crate; cucumbers, $1.25 2 per dozen; head lettuce, 7.cf$1.2o per dozen; hothouse lettuce. 50of$l box; garlic, JMc pound; horseradish. 83 10c per pound; green onions. l-"c per dozen: peas, 30 1 1 c ; peppers, 4oc per pound ; radishes, 30c per dozen; rhubarb, 5c per pound; spin ash. $1 per box: sprouts. 9c per pound; to matoes. $mj.75 3-viO per crate. TROPICA L FRUITS Oranges. J2 2o 9 2-75 ; lemons, 2 4 ; grapefruit, $3.2o6 per 'box; bananas. TiSVic per pound; tanger ines. $1.75 per box. ONIONS Oregon. $1.73 per hundred. SACK VEGETABLES Turnips. 1 per sack ; rutabagas. $1 ft 1.23 ; carrots. 85c & $1; beets, $11.25; parsnips, 5075c. Dairy and Country Produce. BfTTBR lty creamery. extra?. "anoy uuide creamery, n;.i- per ib. ; store. 'Jvc. (.Butter fat prices average lc per pound under regular butter prices.) KO(JtiFre.h Oregon ranch, S3o per dozen. CHEESE Full cream twins, 21c per pound; young Americas, 2222c. PORK Fancy, l.'tfiilllc per pound. VEAL Fancy, J 1 S lli c per pound. LAMBS Fancv. I5& lHo per pound. POULTRY Hens. c; broilers, 27 2-Sc ; ducks, 22 hi fa 23c ; geese. 27 (5 28c; tur keys, live. 22 20c; dressed, 252ac; squabs, 3 per dozen. Groceries, Dried Fruits, Etc. DRIED FRUIT Apples, 10c per pound; peaches. 7c ; prunes. Italians, 4 5c ; prunes, French, 4&.Cc; currants, 30c; apricots. l2ic; dates, 76c per pound; figs. 100 half pounds, $:c.23 per box; SO six-ounce, $4.73 per box; 12 12-ounce, 73c per box. SALMON Columbia River, 1-pound talis. $2 per dozen; 2-pound talis, $2.d3; 1-pound flats, $2.10Vi; Alaska pink. 1-pound tails, &Oc; red. 1 -pound talis, 91.45; sockeyea, 1 pounds tails, $2. - COFFEE Mocha. 213 2Sc; Java, ordinary, 1 7 24 c ; Costa Rica, fancy, 18 & 20c; gooa, Qtii iSc; ordinary, 32 34 43,1 He per pound. NUTS Walnuts. 13c per pound ; Brazil nuts. 12Hft l0c; filberts, 13c; almonds. 16 17c ; pecans, 1 5 i 10c ; cocoanuts, 90c $1 per dozen. BEANS Small white. 5.0C; large white, 4Hc; Lima. 5ac; pink, 5.20c; red Mex ican, 7ic. SUGAR Dry granulated, fruit and berry, $.25; beet. $6.03; extra C. $3.73; golden C, $3.05; yellow D, $3.35; cubes (barrels), $M13; powdered. $ti.5(i; Domino, $10.40 lO.HO per case. Terms on remittances, within 13 days deduct c per pound, if later than 13 das and within 30 days, deduct Mc per pound. Maple sugar. 13 18c per pound. SALT -Granulated, $14. M) per ton ; half ground, loos, $10.30 per ton; 50s, $11 per ton. HONEY ?holce. $3.233.50 strained, 7c per pound. per case; Hops, Wool, Hides, Etc. HOPS: crop, 1719c. according to quality; olds, nominal; 19lO contracts, 15 JIOC. WOOL Eastern Oregon. 16 20c pound; Valley. 2!i22: per pound. MOHAIR Choice, 23a2Ac per pound C A SO A H A BARK 4 fix 5c per pound. H I DES Dry hides. 1 Off 1 7c per pound ; dry kip, 10 17c per pound; dry calfskin, 18tf2uQ por pound ; salted hides. 7 Va'SSc salted caifskin, 14c per pound; green, lc less. Unseed Oil. LINSEED OIL Pure raw in barrels. 90C; kettle boiied. in barrels, c: raw. in cases. 03c; kettle boiled, in cases, 97c. Lots of 250 gallons, 1 cent less per gallon. Provisions. BACON Fancy. 26ic per pound; stand ard. 23 Vc; choice, 22c; English, 21c 22 c. HAMS lO to 13 pounds. 20c; 14 to 16 pounds. 20c; 18 to 20 pounds, 20c; bams, skinned, 20c; picnics. 14fc; cottage rolls, none; boiled hams, 27'28c. LARD Kettle rendered. 10s. 19c; stand ard pure. lus. 18c; choice; 10s. 17c SMOKED BEEF Beef tongues, each 60c; dried beef sets. 19c; dried beef outstdes, 17c; dried beef lrsldes, 21c; dried beef knuckles, 20c. PICKLED GOODS Barrels; Pigs feet. $10; regular tripe, $10; honeycomb tripe, $12; lunch tongues. $19.5; mess beef, ex tra. $14; mess pork. $30. DRY SALT CURED Regular short clears, dry salt. 17c; smoked. 1SC; short clear ba k. heavy dry salted. 16c; smoked. 18c; Oregon exports, dry salted, 17 'Ac; smoked. 10c. Furs. FURS Prices paid for prime No. 1 skins: Mink. Northwest Canada and Alaska, $8i& 10; Colorado. Wyoming. Montana. Idaho and California. $3fc 7.5U; British Columbia and Alatka Ocast. $S 10; Oregon. Washington, Idaho and Montana. $7. Lynx. Alaska and British Columbia. $35; Pacific Coast, $28. Raccoon. l r 1.30. Skunk, Canada. $2.00; Pacific Coast. $tl2. Wolf and coyote. Can ada. JSO; Idaho. Montana, Wyoming. Ne vada, $1 .50g 3. Beaver, Oregon, Washing ton. Canada. Alaska. $3.50&7r Idaho, Mon tana, $lu; Utah, Wyoming. $6.50 & 7; cubs, $2& 2.50. Otter. Canada. Alaska. $12.50&34; Oregon, WashlnRton. Alaska, Canada, Brit ish Columbia. :iW-SO; Pacific Coast, $1.75 (&2.50. Gray fox. Pacific Coast. $1.50jr2. Bear, black and brown. Alaska. Canada, $16 (&20; cubs, $1215; Paciric Coast. $10-15; cuhs, $5fc7; grizzly, perfect, $2535. Bad ger. $2. Muskrat. Canada, Alaska, 80c: Pa cific Coast. 30 i 00c. Fisher. British Colum bia. Alaska. $1320; Pacific Coast. Sft'g 15. Wolverine. tflffiS. Silver fox. $:Hiu 3-. Cross fox. $104 15. Sea otter. 20urd450. Blue fox. $S'rin. White fox. $1220. Swift fox, 4Mc. Ermine, OOc. Mountain lion. $. 10. Ringtail cat. 23 75c Civet cat, 10 30c. House cat, 5 25c Met ill Market. NEW YORK. April 1. The market for standard copper was dull and unchanged, with spot and forward deliveries to the endi of June closing at 12.7(K"a Lie The London mar ket closed steady, with siot quoted at 58 2s tkl and futures at 59 5s. Imports of copper for the month ending Miirch 31 by steamer at At lantic ports amounted to Hi. 028 tons Including matte and ores. Exports during the anie period were 19.541 tms. Local dealers quote lake copper at 13. 253 13.50c. electrolytic at 13 13.25a and casting at 12.75ft 13c. Tin was weak, with tfpot quoted at 334? 33.40c. May at 33. 25j-33. Sue, June at 33,25. 33.35c. Salea were rejmrted of five tons for May delivery at 83.25c. The I-ondon market closed steady at a silght decline, with spot quoted at tl51 17s 6d and futures at 153 17s 6d. Lead was dull, with spot quoted at 4.42Va'S 4.45c New York ami 4.2ovj4.25c East St. Louts. The London market was lower at 12 17i Od. Spelter, dull. Spot, 5.555. 65c New York and 5.35'ti5.45c East St, Louis. London was unchanged at 23. Iron was lower at 51 4Hd for Cleveland warrants In London. Local I v Iron was1 quiet. No. 1 foundry Northern, $18" 18.50; No. 2 do.. No. 1 Southern and No. 1 Southern soft $17.75 618.25. OREGON WOOL. MOVING DEMAND REVIVES IX THE EAST ERN MARKET. Worsted Mills Are Again Taking Hold Clothing Territories in Steady Demand. BOSTON. April 1. The Commercial Bulle tin will say tomorrow: There is little appreciable Improvement in actual business, for the woolen mills are still the chief operators. However, a ittle more interest Is developing In staple Oregon and Montana woob. whirh ts hoped to be a fore runner of Increased taking by the worsted mills within a short while. All clothing terri tory wools are meeting with a steady demand, with fine Fcoured particularly firm and scarce at 07 to 68c. Foreign clothing wools are being sampled. Within two or three weeks it Is expected that the clojhlers wit) understand the nature of their duplicate goods requirements and begin to place re-orders with the mill. New York Cotton Market. NEW YORK. April 1. Cotton Spot closed quiet. 15 polnrj lower. Mid-upianI, 14.95c; mtd-rulf. 15.2tK-; sales, 4o bales. Future closed barely steady. 14 to 23 points lower. April. 14.75o; May. 14.65?; June. 14.⁣ July. 14.52r; Au gust. 14 ole; September, 13.12c; October, 12.74c; November, 12.5bc; December, 12.57c; January. 12. 53c. CUTTLE UP QUARTER Eastern Washington Steers Bring $7 a Hundred. LOCAL MARKET IS FIRM Seven Loads of Hogs Are Brought in From Xebraska Xo Sheep Are Offered . During tho Day at the Yards. An advance of a quater was recorded in the cattle market at the stockyards yester day. This put top sbeers at $7 a hundred. The demand for cattle has been good throughout and the supply rather light, so when quality stock, was offered, as was the case yesterday, the market asserted itself. The top prioe was paid for a load shipped in by E. L. Demaris, of Low den. Wash., an other load, almost as good, brought $6.90, while fair quality steers went at 96.50. The only other transaction was a sale of Oregon hogs, grading good, at $11. Late in the day seven loads of hogs were brought In from Nebraska. No sheep were of fered. The day's receipts were 53 cattle and 70 hogs. Shippers of stock were: E. L. Demaris. of Low den. Wash., two cars of cat-tie; Kid well & Caswell, of Haines, Or., one car of hogs. Henline & Ohlinger, Vhree cars of hogs, from Halloway, Neb., one car of hogs from Alherst, Neb., one car of hogs from. Fhelton, Neb., one car of hogs from Bud a. Neb., and one car of hogs from Kearney, Neb. The day's sales were as follows: Weigh L Price. 24 steers, extra good .....1279 $7.00 27 steers, extra good 1099 6.90 1 8te?r. good 1380 6.50 1 steer, good 1030 6.50 90 hogs, good 221 11.00 Prices quoted on the various classes of stock, at the yards yesterday were as fol lows: CATTLE Best steers. $6. 75 7 ; fair to good steers, 66.60; strictly good cows, $5.50(oi 6; fair to good cows. $55.25; light calves, $7; heavy calves, $45; bulls, $4(6.25; stags, $4.505.50. SHEEP Best wethers, 8 9.90 ; fair to good wethers, $7 . 7.50; good lambs, $S&12. HOGS Top, $11.1011.15; fair to good, $1011. Eastern Livestock Markets. CHICAGO. April 1. Cattle Receipts esti mated at lOOO; market steady. Beeves. $5.65 8.0O;, Texas steers, $5$6.60; Western steers; $5gT; stockers and feeders, S3.S56-75; cows and heifers. 2.805 7.2l; calves. $S'ft.25. Bogs Receipts estimated at bOlK); market 5c higher. Light, $10.5OlO.82&; mixed, $10.53 10. 90; heavy, $10.6010.85; rough. $10.60i 10.70; good to choice heavy, $10.70 10.&5; pigs, $9.70 10.55; bulk of sales. $10.75S"10.85. Sheep RecelpLB estimated at 3500; market weak. Native, $5.50-59.10; Western, $5.75 9.10; yearlings. $8.750.40: Iambs, native, $8. 60ly.25 ; Western. $0. 40g 10. 35. KANSAS CITY. April 1. Cattle Receipts iuw; market steady. itive steers, sttjtt.iTo; cows and heirers. $3.75(fi ; stockens and feed ers, $4.506-60; bulls, J4ft6. 10; calves. $4.50(9 9; Western steers, $5.75(&$; Western cowj, $4150.25. Hogs Receipts 5000: market 6c higher. Bulk of sales, $10.5O(&I10.75; heavy. 1.7U 10.80; packers and butchers, $10.6510.80; light. $10.4010.70; pigs, $9.5O10. Sheep Receipts 200o; market steady. Mut tons. $7S.50; lambs. $8. 75-510; fed Western wethers and yearlings. $7.25ttt.40; fed West ern ewea, $74T6.25. OMAHA. April 1. Cattle Recelots BOO: market steadv. Native steers, $08; cows and heifers. $1.5096-25; Western steers. $47; cows and heifers. Western. $2,254x5.56: can- ners. $2.253.75; stockers and feeders, $3.75 S7. caives, .oo.o; ouils, stags, etc., $3.756. Hoes Receints 48"0: market steadv. rtron- Heavy. $10.6510.80; mixed, $10.5010.60; light. $10.4010.70; pigs, $S&10; bulk of sales. IlO.5Ofl0.7O. Sheep Receipts 7100; market steady. Year lings. $8.50&9.25; wethers, $7.7568.50; ewes. $T.0O&1.20; lamps. yfT tu. EXPORT FLOUR REDUCED PVGET SOrXD MILLS PUT OUT A NEW QUOTATION'. Large Quantity of Oregon Eggs Con signed to the Seattle Market. Butter Weakening. SEATTLE, Wash., April 1. (Special.) A new price list on export flour will be issued tomorrow morning. The reduction will probably be 2,0 cents per barrel. No change Is expected on patents. The da niand for flour Is picking up on the West Coast, several good-sied orders having been secured by Seattle millers during the last 10 days. Grain prices were unchanged to day. Local butter was cut a cent today, mak lng the new quotation S5 cents. The cut at Portland tomorrow, however, is ex pected to necessitate further reductions here. , Egg receipts from Oregon were heavier than at any time this Spring. A large number of Oregon eggs were received here on consignment. One or two houses are anxious to advance prices, but the majority are opposed on the ground that an advance will necessitate an advance in retail prices. The supply of celery was In excess of the demand and prices were ctrc. 1 here is a sentiment In some quarters that there will be a reaction In the potato market before the new crop Is ready. The belief Is gaining ground that stocks are not as large as represented. Treasury Statement- "WASHINGTON, April 1. The condition of the Treasury at the beginning of busi ness today was as follows: Trust funds Gold coin $S'.2.F77.869 Silver dollars 489.SH4.000 Silver dollars of 1S0 3,600,000 Silver certificates outstanding.. 489,834,000 General fund Standard silver dollars In gen eral fund 2.023.453 Current liabilities 101,009,191 Working balance In Treasury of fices 2fl.8O7.5O0 In banks to credit of Treasurer of U. S 35.474.723 Subsidiary silver coin 21.3S4. 171 Minor coin 1,022,457 Total balance in general fund 88.bS5,203 Eastern Mining Stocks. BOSTON. April 1. Closing quotations: Allouex 46 'Miami Cop 21 H Amalg. Copper.. 74 'Mohawk ... .... 51 A. Z. L. & Sm. 2-iH'Nevada Con. ...21 Arizona Com, .. lSViNtp. Mines Atlantic 7"S North Butte . 34 B C C A C rets, 16 to North Lake ... 1H B & C C A S M. 24 lOld Dom SS Butte Coalition. 23 ; Osceola 142, Calumet & Arts H5to!Parrott S A C . 16 Cal. & Hecla. . .600 jQuincy 2B Centtennial . 18 Shannon 12 Cop. R- C- Co... 71 Superior 45 E- Butte Cp M. 8'Sup. & Bos. M. ..12i Franklin 15 ;Sup. A Pitts Cp. 13 to Glroux Con .... 8 to .Tamarack 56 Gran. Con. ... 43 l S. Coal 4 O. . 35 Greene Can. ... 0 U- S. S. R. A. M- 42to Isle Royalle Cp 17 do pfd 4f to Kerr Lake Sto'l'tab Con. 2S Lake Cop. 64 Winona R H La S. Cop 14to Wolverine 127B Money. Exchange. Etc. NEW YORK. April 1. prime mercantile paper closed at 45 per cent. Sterling exchange, steady, with actual bus- Iness in bankers' bills at $4.84404.845O for 60-day bills and at 4.S77rt for demand. Money on call, firm, z ' w J per cent; ruling rate. 3 per cent; closing bid, 3 per cent; offered at 3 per cent. Time loans, weak and dull; 60 days, 3 per cent; 90 days, 3 T 4 per cent; six months. 44f4 per cent. Commercial Mils, 4.83 &4.44. Bar silver, r.2 4c. Mexican dollars, 44c. Government bonds, steady: railroad bonds. Irregular. LONDON. Anrll 1. Bar silver, steadv n 24 Mid per ounce. iioney. 3 j 4 per cent. The rate of discount in the onen market for short bills Ib 3V ner cent: do for three months bills is 3 11-16 ? 3 per cent. consols, ror money, hi; no ror account, ft. san francisco! adhi -1. sterling on London. 6 days. J4 S4S; do sight, $4.S7?4. uvr oars. .:so. Mexican dollars. 44c. Drafts, sight. 3c; telegraph. 6c. Coffee and Sugar. NEW YORK. April 1. Coffee closed dull. net unchanged to 5 points lower. Sales were only 3370 bag. Closing bids; April. 6.70c; aj . moc; June. coc: Juiy, tt. y.K : August, September. October. November and December, 7c; J a n ua ry , 7 . 07c ; Feb ruary 7 . OSc ; Marc h. T Of(V Civt kiiIu If.-. 1 t (A 4J K O 11 1 . . No. 4 Santos. tVic. Mild and Cordova. 9Vi 12 He. Sugar Raw. steadv. Muscovado. .Ra test. 3.S6c; centrifugal. .96 test. 4.3HO; molajases sugar. .89 test. 3.61c. Reflned. quiet. Crushed, o.uoc; granulated. ft.c; powdered. 5.3oc. Wool at St. Louis. ST. LOL'IS. Aoril 1. Wool T'nchan-ed. Territory and Western mediums, 236c; fine mediums. 18 22c: fine. lll6c. PUBLIC HOT INTERESTED STOCK PRICES SAG IX ABSENCE OF DEMAND. Resumption or Gold Exports Is a RepressiTe Influence -American Tobacco Case. NEW YORK, April 1. Professional oper ators in stocks showed growing discourage ment tod-ay over the apathy of the public in terest In the market. A factor In the hesi tation Is the question of a possible decision by the Supreme Court on Monday In the American Tobacco case. The expectation persists in stock market circle. that the de cision may be banded down at that time. The conviction is general that widely divergent results will follow in the stock market from the alternatives of the decision. The approach of such an expected crisis discourages all ven tures. The beginning of the gold outflow was an other repressive Influence. The languid borrow ing demand for money. It Is feared. In u lea tea an attitude of hesitation in general business similar to that in the stock market. The large customs receipts of the Government for aaarcn snow that toe heavy volume of im ports Is sustained and the unfavorable trade balance Is maintained. Little attention was paid to the money market in the existing lethargy of the stock market. Weather news from the crop regions holds a large share of attention. Speculation Is pre paring itself for the forthcoming Government crop report and the tone of the state reports now being received foreshadows a marked de terioration in the Winter wheat condition. The -suspension of soft coal mining and a strike of the New York harbor pilots kept at tention focused on the subject of labor dis putes. The slight decreases reported In the visible supply of copper from london was more than covered by the severe drop in the March ex ports of copper from this country. Bonds were irregular. Total sales par value. $2.261. 000. United States bonds ' were un changed on call. CLOSING STOCK QUOTATIONS. Closing Sales. High. Low. Bid. All is Chalmers pf 36 to Amal Copper 18.400 74 73T 74 Am Agricultural 44 Am Bete Sugar .. J 00 37 37 36 American Can 100 11 31 lu-'i Am Car & Foun. toO 634 62'i 62to Am Cotton Oil .. loo b5:;i 65 65 Am Hd & Lt pf 36 Am Ice Securl .. lkf 26 26 26 Am Linseed Oil ........ 1:1 Am Locomotive . . 2t0 49i 49 49 Am Smelt & Ref. 13.2oO M do preferred ... 3uo lOSto lu5to 105 Am Steel Foun.. . 66 Am Sugar Ref . . 300 1 23 1 22 to 1 22 Am Tel & Tel .... I.IOO 138 137 136 Am Tobacco pf .. ..... 02Vj Am Woolen 35 to Anaconda Min Co. 1.3tK 46- 464 46to Atchison 3.50O li2to 111X 111V do preferred l"2to Atl Coast Line 18 Bait A Ohio n9 Bethlehem Steel . r- 2S Brook Rap Tran. 3. 4 00 77 yA 76 76"-4 Canadian Paclflo .. loO 1S1 lSlto ISoto Central Leather .. 300 41 40to 40to do pre ferred 1 05 4i Central of N J 25 Ches & Ohio .... 2.20 S5to H5 S5 Chicago & Alton .. JifO 53 53 52 to Chicago Gt West. 3JO 2S 2S 28V do preferred . . . 3U 54 54 55 ' Chicago & N W ... 500 151 150 1" C. M & St Paul .. 6,800 141 to 140 140 C. C, C & St L... 3i0 86 86 86 Colo Fuel & iron W'O 3:ti 3S 3 3.4 Co Jo Southern .. 6fO 5W 59 5Sto Consolidated Gas.. 2 143 141 to 1414 Corn Products . . . 2oO 16 1:J4 16 Del & Hudson ... llh 172to 172- 1724 D & R Grande 40 to do preferred 77 Distillers' Securl .. loo 31 to 31 to 31 Erie 2w) 20to 20 to 21) 14 do 1st preferred . 2'o 48 47 47 do 2d preferred. loo 37to 37', 37 H General Electric 30 15o 140 149to Gt Northern pf ... 1.400 134 to 134to 134U Gt Northern Ore .. 500 65 '4 65 65 Illinois Central ... 3,6 O 139 13S 138to Interborough Met. . 2,3X 22 22 to 00 prererreo. ... D.'Wi Jvi-St o to .1 7 Inter Harvester . . 5o0 02 02 91 Inter Marine pf 200 19 to 1 10 to Int Paper 200 32Ti 12T8 12 Int Pump Io0 43 ' 43 42to Iowa Central ..... 22 K C Southern . . . 3f0 36 36 36 do preferred ... ' 300 67 to 67 to 67 Laclede Gas , 99 Louisville A Nash ; iru Minn & St Louis. loO 35 35 34 M. St P & 9 S M. 200 139 138 138to Mo. Kan & Texas 1.6oO 41 4o 4014 do preferred ..... 77 K'K Missouri Pacific .. 200 9V4 60 68 National Biscuit .. 100 105 K5to 305 Natl ona 1 Lead SOA Mex Nat Ry 2d pf 28 N Y Central 1.10 122 121 121 to X Y. Ont & West. 3oO 45 to 45 44 Norfolk &. West . loo 1 i3 to H North American . . 3M 76 76 76 Northern Pacific .. 3U0 134 133to 13334 Pacino Mall 31)14 Pennsylvania 15.700 135X 135 13Tto People's Gas 10! P. C C & St L... 600 lo2 1024 li2to Pittsburg Coal 2ti2 Pressed Steel Car. 3c0 41 30 to 41 Pullman Pal Car. 4t loito 101 lol Ry Steel Spring. . 1n 30 39 394 Reading 47.8jO 1654 1644 164 Republic Steel ... 5'K) 3to 35 36 to do preferred . . . It 99' 0ito 09 Rock Island Co.. 3.60 45to 45w -15to do preferred . . . loo 9rt fi St L 4 S F 2 pf. loO 494 40to -49 01 ouuwinrnicia S do preferred 72to Sloss-Sheff ield 75 Southern Pacific .. 8,7H 124 124 124to Southern Re i 1 way . 60O 2S 27 to 27 do preferred 63' Tenn Copper 31 Texas & Pacific. . 2,70rt 31 31 31 Tol. L West. Too 44 44 42 do preferred ... 2K 66 66 65 to Union Pacific ... 28,5 184 to li 183 do preferred ... TOO 97 07 57 ' TT S Realty 1O0 78 78 76 L S Rubber ..... 2k 42 42to 41 U S Steel 57,7t"0 83 to 2to "S2 do preferred ... 700 119 119 11 "Utah Copper 5i0 44 44to 44to Va-Caro Chemical. X 58 58 58 AYabash ..... ..... 21 do preferred ... 1.900 40 45 45 Western Md 40 West inghouse Elec 3CO 64 63 Hi est era L nlon ..... 7.T 4, Wheel ec L Erie Total sales for the day, 244,700 shares. BONDS. 4 NEW YORK, April 1. Closing quota tions; L S. ref. 2s region N. Y. C. gen3tos 89 do coupon ...30U,No. Pacific 3s. 72 to B V. 8. 3s reg. . .102iNo. Pacific 4s..lOO do coupon . . .102 jUnion Pacfic 4s 100 XT. S. 4c reg. . . . 1 14 jjapanese 4s ... 9B do coupon ...114, Wis. Cen. 4s ... 93 D. & R. G. 4s . . 99 A Booklet for Investors. The Harriet. Trust & Savings Bank. 204 Dearborn street. Chicag-o, has is sued a booklet entitled "Bonds for Safe Investment' intended for the use of per sons planning" to invest in bonds for the first time. Its aim is to explain In sim ple terms the purpose of various classes of bonds, and to indicate the value of bonds as safe investments for individ uals, as well as institutions. Copies may be had free upoa request. RESOURCES Loans and Discounts $1,740,248.93 Overdrafts ." 2,79:5.53 U. S. Bonds to secure circulation.... 250.000.00 Other Bonds and Premiums 203.754.87 Real Kstate 800.00 Furniture and Fixtures 28,191.25 Due from U. S. Treas $ 12,500.00 Due from banks 484,005.33 Cash 755,700.11 1,252,805.44 Total OIL STOCK JUMPS Are you watching the rapid ad vance in prices of good oil stocks on the San Francisco and Los An geles exchanges? There Is every reason why these stocks should ad vance, principal among- them being the tremendously high dividend rates earned by those who bought these stocks when they were first oifered, before oil had been struck on the properties. The time to buy for the really big profits is before the company becomes a producer. That is why we recommend the im mediate purchase of Coalinga Crude Oil Company stock at th present low prices at which it is being traded In on the exchange, around 30 to 35 cents. The big jump in this stock we believe will take place about April 1, when they are due to bring in well No. 1. In the mean time a steady advance Is taking place, so the time to buy Is today. This company has a smal capital ization; no promotion stock was issued; they own their land, a choice, absolutely proven piece in the Coal inga field which is being aggres sive lv developed. " Full particulars with maps, photos, etc., will be found in the latest issue of the illustrated oil magazine, "Securities." Call at our office or send in this coupon and this publi cation will be sent you free for six months: covrox, Pacific States Guaranty A Land Co.. 501 First National Bank Bldg., San Fran cisco: Gentlemen Please send me, free of cost, information regarding stock re ferred to above, also free copies of oil magazine. "Securities. for six months all this without any obligation whatever on my part. Name Street and No City P. O. 4-J. - PORTLAKD, SEATTLE, SPOKANE, TACOMA. Downing-Hopkins Co. BROKERS Established 1893. Stock., Private Grain. Wire. 201-2-3-4 Coach Bids. TRAVELERS' GLIDE. HONOLULU $110 And Back First Clae) ftVa Dayi from S. IT. The splendid twin screw steamer SIERRA (10.000 tons displacement) sails March 2ti. April 16. May 7 and every 21 days. Round trip tickets irood four months. Honolulu, the most attractive soot on entire worid tour. BOOK. NOW and secure best berths. LINE TO TAHITI AND NEW ZEA L, A N L. S. S. Mariposa and Union Line, sailings April 15. May 21, June 29. etc. Tahiti and back (24 days). 1125 first class. New Zea land (Wellington), $240.25 first class. R. T. six months. OCEANIC 8. S. CO.. -673 Market Street. San- Francisco. Canadian Pacific Less Than Four Days at Sea Weekly Sailing Bet ween Montr e al, Quebec and Liverpool. Two --days on the beautiful St. Lawrence River and the shortest ocean route to Eu rone. Nothing- better on the Atlantic than our Empresses. Wireless on all steamers. Flrat-closss 990. second $51.25, one class cabin 47.50. A sir any ticket a rent, or write for sall tnfrs, rates and booklet. F. R. Johnson, Gen eral Acent, 142 Third St.. Portland. Or. CCANDINAVIAN-AMERICAN LINE 10.000 Ton Twin-Screw Passenger Steamers Direct to Norway, Sweden and Denmark HelHe Oiav. .April 14!Lnlted States. .May 12 Oscar II April as Helllg Olav May 28 C F. Tietgen..May 5,3ic II June U All ettmrnen vuulpped with WlreleM First cabin. $75 upward: second, 960. A. B. JOHNSON A CO.. 1 Broadway, New York, or Local Agents. SAX FRANCISCO ft PORTLAKD STEAM. baie coslpasv. Only direct steamer and daylight sailings From Alnsworth dock, Portland. 0 A M. S.S. Kansas City. Apr. 2, 16. S.8. Hose City. Apr. U. 3. From Pier 40. San Francisco. 11 A. M. S.S. Rose City, Apr. 2, 18. S.S. Kansas City. Apr. . 23. M. J. ROCHE. C. T. A.. 143 Third SU Main 402. Jl 1402. J. W. RANSOM. Dock Agent. Alnnworth Dock. Main 26S. A 1234. San Francisco and Los Angeles Direct North Pacific S. 6. Co.'s steamships Roan oke and Elder sail alternately every Tues day at 8 P. M. & 8. Santa Clara sails for Eureka and San Francisco March 2t, April 9. Xd. May 7, 21. at 4 P. M.. from Martin's Dock, foot of 17th st Ticket office 132 ad st. Phoaes M 1314; A 1314. H. YOUNG. Agent. COOS BAY LINE The steamer RAMON A leaves Portland every Wednesday. S P. M from Alnsworth dock for North Bend, Mmrsb field and Coa Ray points. Freight received until a p. m. on day of sailing. Passenger fare, flrst ciass, 910: second-class, $7, Including berth and meals. Inquire city ticket vttlcv. Third Phone Main 203 I STATEMENT OF CONDITION OF Lumber mens National Bank At the Close of Business, March 29th. 1910. LIABILITIES Capital Stock subscriptions account..... Surplus and Undivided Profits. Circulation ., Dividends unpaid Deposits $3,478,594.07 Total . . STATEMENT OF CONDITION OF Security Savings & Trust Company PORTLAND. OR.. At Close of Business, March 29, 1910. RESOURCES Loans ; $4,325,204.55 Bonds, Warrants 1,228,142.40 Customers' Liability, under Letters of Credit 16,727.82 Cash and Duefrom Correspondents 2,128,760.09 $7,69834.92 LIABILITIES Capital $ 500,000.00' Surplus and Undivided Profits 414,197.42- Letters of Credit . 27,587.91 Deposits 6,757,049.59' STATEMENT OF LADD & TILTON BANK Showing Condition at Close of Business March 29, 1910 HESOlliCES. Loans and Discounts i. ......... Overdrafts Bonds and Stocks Bank Premises Cash on Hand and Due from Banks.. Total. LIABILITIES. Capital Stock Fully Paid Surplus and Undivided Profits.... Demand Deposits Time and Savings Deposits Total OFFICERS. W. M. I.add, President. Edward Cookingrham. Vice-President. W. ri. Dunckley, Cashier. CONDENSED REPORT OF The United States National Bank OF PORTLAND. OREGON Submitted to the Controller of the Currency ' March 29, 1910 ASSETS. Loans and Discounts 6,358,600.26 United States Bonds at Par 1,054,100.00 Municipal and Kali way Bonds 963,057.65 Bank Building 125,000.00 Cash and Exchange 4,947,072.27 Total . . 13,447,830.08 BTULTHC 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 hard-surface pavement. AMERICAN BANK & TRUST COMPANY SAMUEL CONNELL, President G. L. MacCIBBON, Cashier CAPITAL, $150,000 Does a general banklna; buslneaa. Opens checking; account without limitation as to amount. Pays interest on tune and savings deposits. CORKER SIXTH AI OAK. .$ 250.000.00 . 173.950.00 42.890.87 2:t5,500.00 75.00 ,. 2,775,178.20 $3,478,594,07 $7,698,834.92 .. 6.147.911.18 18.842.8D .. 4.2S8.047.13 75.000.00 .. 6.040,588.85 ..15, 540,489. 95 . 1.000,000.00 (-'!. 64 1.1 .$8,084,494.14 . 6,830.354.62 13.914.S48.7S ..$15,540,489.93 I It. S. Howard. Jr., Assistant Cashier. 1 J. W. Ladd, Assistant Cashier. I Walter M. Cook, Asistant Cashier. LIABILITIES. Capital Surplus Undivided Profits. Circulation. . ..... Deposits . . 1,000,000.00 500,000.00 225.665.8fi 767,600.00 . . 10,954,564.23 Total. . . .113,447,830.08 Attest Correct: J. C. AINS WORTH, President. PORTLAND, (OREGON.