Tin: 3roirvi"T onMTw;Tnr., ah j nni,.-i x , Aim ij 1WTO.
SI
FIRST WOOL SALES
Opening of Spring Trade in
Eastern Oregon.
SMALL LOTS SOLD AT ECHO
lrlces Paid Are Under Those of Last
J- Tear Revised Schedule of
) rates of Sealed Bid
Sales.
In a vpry small way, business ha opened
Up In the Eastern Oregon wool market. A
few umall lots, aggregating about 20,000
pounds, have been sold in the vicinity of
Echo. The price paid ranged from 14 to
10 S cents. This iB about 3 cents a pound
less than this grade of wool sold for last
year. After these preliminary purchases,
the buyers seem to have withdrawn, for
no further business has been reported In
that section. ,
The principal trading In the Northwest
to date has been in the Yakima country,
where pounds have changed
hands at prices ranging from 14 to 16. cents,
which Is also les than was paid for Yakima
wools last year.
The general talk among buyer is of a
v eak market, although growers, tor tne
tnovt part, are still looking for a repetition
f the hljrh prices of last year. It Is prob-
, Hlo that the M 1 1- D T Tne TTOO I Will DO nem
or sale at the regular eales days, the. re
vised schedule of which follows:
May 24 Pendleton.
May 25 Echo.
May 27 Pilot Hock.
iMay 31 Heppner.
June 7 Shaniko.
June 1 Pendleton.
June 11 Pilot Rock.
June 17 Baker City.
June 21 Shaniko.
June 24 Heppner.
Jul3- 1 Wallowa County.
July 7 Shaniko.
Of the general outlook, the Boston Com
mercial Bulletin say:
Everything points to high price In the
West. The "Western sheepmen are finan
cially able to insist upon their price and
If Eautern buyers do not meet their re
quirements at the opening of the season
the buying season will he a long one, with a
number of clips sent East on consignment.
Today, there is a universal feeling among
local dealers that the extreme figures asked
by the flockmaster will not be considered,
for in most instances, the growers want
more than can be obtained here for similar
wool. However, with the growers firm In
their views it is a question whether the
buyers will remain inactive or start opera
tions by bidding against one another. If
the former in done, the sheepmen will either
have to reduce their prices or consign their
clip, while if competition Is begun the
.choice clips will undoubtedly be bought at
high rates that may prove distinctly un
profitable to Eastern merchant. However,
the manner in which heavyweight good will
be ordered within the next few weeks and
the Aaluea obtained by manufacturer will
afford wool dealers a fair idea a to what
ngures they can pay the growers for their
new clips.
OATS OFFBRBU AT LOW PRICE.
Holder In Interior Said to Be More Anxious
to Sell.
According to reports in the oat market,
offering in the country are on a more lib
eral scale. May oat have been offered on
the local market at fSM and $27. It la re
ported that 323,000 sacks of oat are on the
found to be marketed. Barley :s Blow, with
dealers Quoting JI. to $'3.
Very little business is passing in the
wheat market and accurate value are dif
ficult to obtain.- Quotation on. bluest em
range from 1H to Its cents. Club Is said to
be obtainable at 93 cent and 40-fold at
M cents.
Local receipts, in cars, were reported by
the Merchants Exchange as follows:
"Wheat Barley Flour Oat Hay
Monday . . . . :n
Tuesday .... 7
Wednesday . . in
Year ttno .... i
Reason to date &'2'2.
Last year . 103S
B i: 6 11
7 3
1 I 5
1 I 1
122:1 170 1251 2242
14!3 lasS 742 2438
CAIUAA1 OF 1ETTITE IS RECEIVKl),
.
Weather Is Too old for the
Trade.
Strawberry
Among yesterday green produce receipts
was a carload of head lettuce from Los
Angnles. It wits quoted at 1M) to 75 cents
dozen. Asparagus nas plentiful and
good stock sold at cents. Florida
tomatoes are cleaning up at J'!. 50 per crate.
Mexicans are offering at JO (2.75.
The weather was too cold for the straw
berry trade. Receipts were not large, but
all were not moved. Florins were quoted at
Ki5J I. per crate and JLoa Angelea stock
at 8 to 13 cents a basket.
KGCS AND rOl LTRY ARE STEADY.
Cheese In Good lemand at the Ixjirer
p Itanare of .Prices.
Egg were steady at the former price.
The local demand was only fair, but there
was a good Inquiry for shipment.
roultry was in moderate supply and to
ood demand at the old prlcos. Veal was
plentiful and weaker, with 12 cents quoted
as the top. Pork was firm.
Cheese moved freely at the decline an
nounced on the preceding day. The butter
demand was active and the market was
firm.
Linseed Oil Advances Again.
Tliere was anwher advance in linseed oil
Quotations yemar.'.ay. this time of 4 cents a
gallon, making a tot-il advance of I centa In
two days. The new quotations are: Boiled.
In "barrels. P( cents: In cases, l.o; raw. In
barrel. ir7 cer.ts; in cases. $1.02.
Inquiry for Hop.
Hop dealers report a little better inquiry,
lioth rrvm the E:uit and from England. Of
fers are being made of 17 centa for choice
g.-HU. hut without avail. The demand for
contracts is steady.
Hank Clearance.
Bank clearings of the Northwestern clt-
w - v ....... tt
"Portland
Sertttre
Tarnma
Sl'okane
. . .li-MI.Kt f-'li.UlS
. . . a.4S4.4!IO 4:t7.".."S
... S74.:".MI 7.7.::t
S"!7.UO.- Sl.liO
PORTLAND MARKETS.
Grain. Flour. Feed. Etc
n.WH,I!."-Track prices: Bluestem. 96 9
dub. e03c; Red Russian. 80c; Valley.
pe?"i oiLEV Fo"1 Bn1 brewing, $23. 50 0:
FI.OIR Patents. $5.7.1 per barrel -stralEhts.
4.7r.fc0.50: export. 3.0r4.io-ah.-y.
$5.m.: graham. $5.50; whole wheat,
quarters. $5. TO.
n-N"VhoIe" 34- craclied. 3 Per ton.
,. ",AT Tr"k prices: Timothy. Willamette
I".;? 2tft Per ton; Eastern Oregon.
171S.: ilflfa- l-30ei7.5O; grain hay.
MII.I.STL-FFS Bran. ;4r23 per ton;
middling. $::t.-,0: shorts. -Je26: rolled
barley. $29.5o jjs0.SO. ea
OATS N. 1 white. $27 g 27.50 per ton.
Vegetables and Fruits.
PRKSH FRUITS Strawberries. Lo Ange-X
les. 63k3ilSc per basket; Florin, $2.25&3 per
crate; apples llS-50 box; cranberries. $S
8 per barrel.
POTATOES Carload buying prices: Ore
gon, no 60a per hundred; sweet potatoes,
VEGETABLES Artichokes, T5c$l per
0z-: asparagus, 3S5ic; cabbage, l13o
per pound: cauliflower. $L75S'2 per dozen,
celery. 24 per crate; cucumbers. $1.25
ifi 2 per dozen; head lettuce, 60-S73C per
dozen; hothouse lettuce. 50cg$l box;
garlic, 10c pound; horseradish. S'glOc per
pound: green onions. 15c per dozen; peas.
StolOc; peppers. 40c per pound; radishes.
SOc per doz. ; rhubarb. 3H:'&4c per pound;
spinach. $i per bax: sprouts. 9c per pound;
tomatoes, $2.503.50 per crate,
lemons. $254: grapefruit. $3.2566 per
TROPICAL FRriTS Oranges. 12. 25 2.7 5;
box; bananas. 4i.Q5to per pound; tanger
ines, $1.75 per box.
ONIONS Oregon. $1.75 per hundred.
SACK VEGETABLES Turnips. $1 per
sack; rutabagas, $1&1.25; carrots, 85c 9
$1; beets, tl1.25; parsnips, 5075c-
Iairy and Country Produce.
BUTT BR City creamery. extras. 33c;
fancy outaide creamery. 3233o per lb. ;
store. 20c (Butter fat prices average 1140
per pound utder regular butter prices.)
EGGS Fresh Oregon ranch. 2528o
per dozen.
CHEESE: Full cream twins, 21o per
pound; young Americas, 2222c
PORK Fancy. 1313c per pound.
VEAL Fancy. llVs'12c per pound.
LAMBS Fancy. loiiUie per pound.
POULTRY Hens, lufeioc; broilers, 27
ZSe; ducks, 22iijj2:te; geese. 12Vic; tur
keys, live, 20 22c; dressed, 23c; squabs, $3
per dozen. r
Groceries, Dried Fruits, Etc.
DRIED FRCIT Apples, 10c per pound;
peaches, 7c; prunes, Italians. 4(5c; prunes.
French. 45c; currants. 10c; apricots, 12Vc;
dates, 70c per pound; figs, 100 half pounds.
$3.25 per box; 50 six-ounce, $4.75 per box;
12 12-ounce, 75c per box.
SALMON Columbia River. 1-pound tails,
2 per dozen; 2-pound talis. $2.05: 1-pound
Hats, $2.10H; Alaska pink. 1-pound tails.
80c; red. 1-pound tails, $L45; sockeyea. 1
pounds tails. $2.
COFFEE Mocha. 242Se; Java, ordinary,
1720c; Costa Rica, fancy, 1820c; good,
Iflta lSc; ordinary. 12160 per pound.
NUTS Walnuts, 15c per pound Brazil
nuts, 12H15c; filberts, 15c; almonds, 169
17c; pecans, 15 16c; cocoanuts, 80c$l
per dozen.
BEANS Small white. 5.60c; large white,
4i4c; Lima, 6iic; pink, 5.20c; red Mex
ican. 7Hc
SUGAR Dry granulated, fruit and berry,
$025; beet. $6.05; extra C. $5.75; golden C.
$3 85J yellow D. $5.55; cubea (barrels).
665r powdered. $6.50; Domino, $10,409
10.90 per case. Terms on remittances, within
15 days deduct He per pound, if later than
15 days and within 30 days, deduct Ho
per pound. Maple sugar. 15 18c per pound.
SALT Granulated. $14.50 per ton half
ground, 100a, $10.50 per ton; 50s, $11 per
ton.
HONEY Choice. $3.253.50 per case;
strained, 7c per pound.
Hops, Wool, Hides, Etc.
HOPS 1908 crop. Uglsc, according to
quality; olds, nominal; 1910 contracts, 15r
J tic.
WOOL Eastern Oregon, 14 17c pound;
alley, 1821c per pound.
MOHAIR Choice, 27"42Sttc per pound,
Portland.
Cascara BARK 4H5c per pound.
HIDES Dry hides, 16(8 17c per pound;
?f-lJtlp I81Tc per pound; dry calf-skin.
1820o per pound; salted hides, TH8ci
salted calfskin. 14c per pound: green, lo
less.
Provisions.
BACON Fancy. 28 He per pound; stand
ard. 20c; choice. 25c; English, 2324c
HAMS 10 to 13 pounds, 21c; 14 to 18
pounds. 21c; 18 to 20 pounds, 20Hc; hams,
skinned. 2114c: picnics. lrHc; cottage rolls,
none; boiled hams. 272tc
LARD icettle rendered. 10s. 19c: stand
ard pure. 10s, 18c; choice, lOs, 17c
SMOKED BEEF Beef tongues, each flOfc
dried beef sets, 22c: dried beef outsldes. 20c;
dried beef Insides. 23c; dried beef knuckles,
PICKLED GOODS Barrels: Pigs feet,
$16; regular tripe. $10: honeycomb tripe,
$12; lunch tongues. $19.50; mess beef ex
tra, $14; mess pork, $30.
DRY SALT CURED Regular short clears,
dry salt. 17c; smoked. ISHc; short dear
bauk. heavy dry -salted. 16 He; smoked 18c
Oregon exports, dry salted. 17 He: smoked'
19c.
Furs.
FURS Prices paid for prime No. 1 skins:
Mink. Northwest Canada and Alaska, $s9
10; Colorado. Wyoming. Montana. Idaho and
California. $56 7:60; British Columbia and
Alacka Coast.. $8 10; Oregon. Washington
Idaho and Montana. 7. Lynx. Alaska and
British Columbia. $35; Pacific Coast, $28.
Raccoon, $131.50. Skunk, Canada, $2 50."
Pacific Coast, Sl2. Wolf and coyote, Can
ada, $5 6; Idaho, -Montana, Wyoming Ne
vada, $1.50 3. Beaver. Oregon. Washing
ton. Canada. Alaska. $5.50 7; Idaho, Mon
tana, $10; Utah, Wyoming, $6.50 7; cubs
25i2.50. Otter, Canada, Alaska, 12.5014
Oregon, Washington. Alaska, Canada Brit
ish Columbia. $3 4.50; Pacific Coast $1 75
2.50. Gray fox. Pacific Coast. $:.50S"
Bear, black and brown. Alaska, Canada Sl
20; cubs, $1215; Pacific Coast. $lo16
cubs. $57: grizzly, perfect. $2535. Bad
ger. $2. Muskrat, Canada, Alaska. SOc; Pa
cific Coast, 30cM 60e. Fisher. British Colum
bia. Alaska. $1520; Paoiflc Coast, $9sil3
Wolverine. S6S. Silver fox. $3005(K."
Cross fox. Sloittir. Sep ott-r .ftf'ffi -l",it
Blue fox, $3 10. White fox, $1220. Swift
fox, 40c. Ermine. 60c. Mountain lion, $5
10. Ringtail cat. 25750. civet cat. low)
30c House cat. 5 '5 25c
ALL GRAINS ARE LOWER
HOLDERS ARE WEAK IX THE
SEATTLE MARKET.
More Strawberries Tlian the Trade
Can Absorb -Eggs Are I'n
clianged. f?EATTLE, Wash., April 13. Special. )
Barley waa. decidedly weaker today. Th
law price quoted on th Merchants Ex
change wai 2J.50 and the top $24. Blue
Biem wheat o!d at 95 cents and club at 90
cents. Oats sold at $26.60. A prominent
factor In the grain trade here today made
the statement that the marketable supply
of oats .in the Northwest does not exceed
25,000 tons and the marketable supply of
wheat 6.000.000 bushels, alt other estimates
notwithstanding. He characterized the re
cent slump In oats as a bear raid not at
all justified by the supply"-and demand.
There were more berries than the trade
would absorb today, nearly a. carload arriving-
from all sources. The top on the car
stock from los Angeles was $2.25.
Yesterday's boat goods moved out actively
today. Cucumbers are accumulating and
good stock was offered today as low as $2
a dozen. The Celery situation does not Im
prove. The demand Is fair, but stocks are
excessive.
Owing to Increased receipts of veal, the
market was weaker and prices a half cent
lower In most quarters today. About the
top was 14 cents.
Kggm were unchanged. Trade dragged in
some quarters at 27 cents. A car of HS as tern
eggs arrived today. Another car of cheese
was also reported. Butter was unchanged.
QUOTATIONS AT SAX FRANCISCO.
Prices Paid for Produce t n the Bay City
Markets.
SAX FRANCISCO. April 13. The follow
ing were the quotations in the produce mar
kets today:
Mlllstuffs Bran, ?26 27.50: middlings.
Vegetables Cucumbers, 75c $ $1.26; garlic.
8Sc: green peas. 45c; string beans, 20p
Sue; asparagus, $1 1.5 per box ; eggplant,
10 4? 12 'sc.
Butter Fancy creamery 2fl-ic; creamery
seconds 25Sc; fancy dairy l'5c.
Kggs tftore. 2So; fancy. 26 4c.
Cheese New. 13i14c; Young Amer
icas, lo $ 16c.
Hay-ar-Wheat. 12019 50; wheat and oats.
$10U1S; alfalfa, ?Sfl2; stock, $6-&9; straw,
per bale. 50 70c.
Hops lTiilSc per pound.
Wool Spring, Humboldt and Mendocino.
13fi lie; South Plains and Sau Joaquin S3)
lte
FVuit Apples. choice. 1 35; common.
50c 1; bananas, 75cg$3: limes. .V5ox G;
lmons, choice. $2rtt; common. $1.25$ 1.75;
oranges, navels, $l$r2.75; pineapples. $3'c4.
Potaoes Oregon Burbanks, 75c i?i jl; Sa
linas B urban k. f 1.25 1.50: sweets. S2 50
Receipts Klour. 411S quarter sacks;
wheat. S0O centals; barley, 7225 centals; oats.
25 centals; beans. 663 sacks: corn. 23 cen
tals; potatoes. .1600 sacks; bran, 55 sacks;
hay. 367 tons; wool. 20 bales; hides. 1135.
Wool at St. Louis.
ST. L.OU1S. April IS. Wool Steady, Ter
ritory and. Western mediums. 22$ 25c; fine
mediums, lSsaiOc; fine, 11 14a.
ALL STOCKS RISE
Market Is Strong and Well
Supported.
STEEL IS THE LEADER
Hopernl Expressions of the Pros
pects for Business Lightening
of the Pressure on New
York Banks. v
NEW YORK. April 13 The rise of prices
of stocks, which occurred today, wan -without
any change in conditions to explain It beyond
a rather marked concurrence of speculative
sentiment in its favor.
There was a general conviction about the
stock exchange that the advance had the aa
ffent, if not the active co-operation of the
financial groups nw influential in market
movements. The movement In United States
Bteel was the most effective factor in con
veying this Impression.
Bankers and corporation representatives ex
pressed themselves hopelully of the prospect
for buslnesa and of the good effects of the
putting; over of the decision of the anti-trust
cases. It was noticeable that the copper
stocks shared in the advance, although It had
been taken for granted that the contemplated
merger would be held In abeyance until the
aittl-truaC cases define the permissible field
for such a merger.
The operations which advanced prices vere
concentrated in character and did not appear
to come from scattered sources, the belief
prevailing that orders were executed on a
large scale for account of powerful capi
talists who attempt to influence and lead
market movements with the purpose of at
tracting a miscellaneous following, depending
on that for the profitable marketing of their
accumulations).
A factor in encouraging operations In stocks
was the lightening of the pressure on New
York banking reserves. The. United States
Treasury Is making the monthly disbursement
of pension money and the sub-treasury opera
tions are contributing a daily balance to the
New York banks from this cause. The plac
ing with foreign purchasers of railroad note
Issues has helped to relax the foreign ex
change market and to check the outflow of
told.
The immediate weather news from the Win
ter wheat regions was Ignored today and
cheerful views were held of the aggregate
yield of the crops promised under the incen
tive of the high prices prevailing. Ksti
mates of the heavy acreage in contemplation
for the next cottoa crop aivd the Spring plant
ing were an element In' the feeling. Final
prices were sustAined near the best In face
of some realizing.
Bonds were irregular. Total sales, par
value. $2,390,000. United States bonds were
unchanged on. call.
CLOSING STOCK QUOTATIONS.
Closing
Sales. High. 1iw. Bid.
Allls Chalmers pf
Amal Copper .... 45,800 73 73
Am Agricultural
38
7514
4fi
38 i
mi
65
R814
38'
20
14
53
84 14
107 v;
13
137
PB
37
45
114
102
130
11214
30 Vi
80
183
45
107
3O0
87
5H4
29
54
153
143
87
40T1
Am Beet Pugar .. 000 S5i 37
Anicni'an Lan .... nio
Am Car & Foun.- 1.30O 6514 .H4
6514
6.SM,
84 Vi
j m Lniion Ull .... d.S"o
Am Hd & L.t pf . . .
Am Ice Securi ..
Am Linseed Oil . .
Am Ixcomotive . .
Am Smelt & Ref ..
do preferred . . .
Am Steel Fdy ...
Am Sugar Ref ...
Am Tel & Tel ..
Am Tobacco pf
Am Woolen
Anaconda Mln Co.
Atchison
do preferred ...
Atl Coapt Llr.e . . .
37-4
2Vi
145
51
Si
lOoTs
B714
1.000
10O
2. 3O0
22.SOO
9cX 107
2.200 60i4
1 . 700 12
123VS
2,300 13S 137
700
37 H
45 U
37
5.300
44
11.8"0 II414 112'i
t'0 103 inr
7O0 131
129t4
110'i
78
182 14
42 'i
107
'86' '
"28"
54
153
142
87
39 U.
Bait & Ohio 3.1O0
112
31
Bethlehem Steel . . . tjOO
Brook . Rap Tran. 30.JX-O
80i
Canadian Pacific .. 2.900 1 83"
Central Leather .. l.l.fiOO 4
do preferred . . . 200 10S
Central of N
Ches & Ohio 8.900 87
Chicago & Alton
Chicago Cit West. .VH 20
do preferred 200 54
ChioagT ft N W . . . 1 SOO 154
C. M & St Paul .. 7.900 14.H4
C. C, C St L... 400 87
Colo Fuel & Iron. . 1.40O 41
Colo Southern ... 1.6"0 tiOTn
60
Consolidated Gas
Corn Products .
TJel & Hudson . .
I & R Grande .
do preferred
Distillers' Securi
Erie
6.70O 144
14214 144
5O0 1714;
4O0 174j
1.400 42
17
173
40
173U.
427i
78
32
32
37
50O "32'iv
2.400 31 k
Sir!
do 3st preferred. SOO 48
48 14
3814
do 2a preferred. loo F.HU.
General Electrlo .. 2V 153
152
Gt Northern pf
Gt Northern Ore
12.SOO 13S- 13614 188
l.Ot Ort-4 W 4
Illinois Central ... 3f 140
140
140
Interborough Met.. B.5O0 22
do preferred ... 6.200 S7T
Int Paper flo-o 13
Int Pump no 471
Iowa Central .... floO 23
K C Southern . . . 600 36i
do preferred
Laclede Oas l.oo 101
Louisville & Nah 1,500 151H
Minn & St Louis
22
57
13
4
23
3GH
22 M
57
1314
4(1 U
22
3(5
66
14014
M. St P & S S M. 2O0 lSflti
139
-!
73
70
139
42
7214
7O14
109
83
Mo. Kn & Texas 3.300
42 ii
do preferred 10O
73
70
Missouri Pacific .. 1.200
National Biscuit '
National Lead ... 1.70O 83 8214
Mex Nat Ry 2d uf 4m 27 271.'.
N Y Central 12.40O 124
N Y. Ont & West. 1,000 454
Norfolk & West .. H.KiO 105
North American .. TOO 77i-i
122 124 14
45 45
Krti 105
741 77
Northern Pacific .. 13,200 13814
133 J 35
ncmc Alan 100
SOK
SO
30
Pennsylvania
People's Gas
P. CCA St L.
Pittsburg Coal . .
21.100 137
133
137
11J
103
21
44
42
1B7'4
ts.'i
IOI lJ
49
12
51
30
TOO lllli lioai
2.300 H'.lt
102
.00 21
21
Pressed Steel Car. 300
43
42
105
R7
loi
4't
92
BO
30
73
Ry Steel Spring. . 2ort 424
Reading 121. 8OO JfiS
Republic Steel . . 1.6O0 3814
do preferred ... 100 loi
Rock Island Oo. . 32.100
do preferred . . . -2O0
St I, S F 2 pf. l.ioo
St L Southwestern 300
49'i
9214
51
30
74
do preferred
200
Sloes-ShefTteld ....
Southern Taclflc . .
.nithern - Railway.
do preferred . . .
Tenn Copper ....
Texas Pacific.
Tol. St L . West.
do preferred
1.7( O
T
12fiJ
28
64
3.
32
42
64
8S
97
79
43
87
122
47
59
21
48
48
23. TOO 12
125
27
63
30
Slii,
43
ift5
97
79
4411
85 ti
121
4rti
58
21
46
4S
66
l.SOO
61 .0
loo
2.300
2"0
28 U
6414
43
Union Pacific
do preferred
U S Realty .
T" S Rubber .
U S Steel
". libs', Rv 1K8XB
4'(0 PS
5rt
8i
44
. .247.0(o
87
do preferred ...
"Utah Copper ....
Yi-Caro Chemical.
Waba ph
do preferred ...
Western Md
Westlnghouse Elec
Western Union . . .
Wheel & L Erie..
l.SOO 122
1. OOO
47
2.SOO
5c 10
6.5.JO
2;';o
700
500
6O
48
49
6714
Total sales for the day. 861, OOO shares.
' "BONDS. .
NEW YORK. April 13. dosing
quota-
tions:
U. S. ref 2s reg. 100 N. Y. C. G- 314s 89
do coupon ...,lO0 North Pacific 3s. 72
U. S. 3s reff 102VXorth Pacific 4s. IOO14
do coupon .... lO'JVi Union Paciflo 4s 100
U. S. new 4s reg. 114 V Wisconsin C 4s. 93
do coupon. . .114 ! Japanese 4s.... 91
D. & R. O. 4s... 92
Money Exchange, Ete.
NEW YORK. April 13. Money on call.
3H: ruling rate and closing bid, 3H; offered
at 3 i per cent.
Time loans, a shade easier; 60 and 90 days,
44 per cent; six months. 4V4f4ija.
Prime mercantil paper. 4 i 5 per cent.
Sterling exchange steady, with actual busi
ness in bankers' bills at $4.8415 g 4.8425 lor
60-day bills and at J4.S770 for demand
Commercial bills. $4.S3H4.84.
Ear silver, 53 He.
Mexican dollars. 44c
Government bonds, steady. Railroads, Jr
regular. LONDON. April 13. Bar silver, steady.
34 9-ISd per ounce.
MoTwy. ! Pr cent.
The rate of discount in the open market
for short bills Is 3 13-16 iff 3 4 per cent; for
three -months bills is 3Ttg3 15-1 per cent.
Consols for money, SI.
Consols for account, SI 3-16.
SAX FRANCISCO. April 13. -Sterling on
london. 60 days. $4,84 3; sight, $4.S7,.
Silver bars. 53
M--xiean dollars. 4,c.
Drafts, sight. 3c; teiecraph. 6c.
Treasury St4Ument.
WArtHlVflTOy. XrU Xie condition
of the Treasury at the beginning of business
today was as follows;
- Trust funds
Gold coin $S7i3.:i34.Sn
Silver dollars 490.n.J.O0
Silver dollars of 1S90 3.7S1.000
Silver certificates outstanding .. 490,9,000
General fund
Standard silver dollars In gen
eral fund S5,70
Current liabilities 108, 909,208
Working balance In Treasury of
fice 28,612,180
In banks to credit of Treasurer
of the United States 3S,27.".71!7
Subsidiarv silver coin . 21,.t2.S5
Minor coin 1.2V.88
Total balance In general fund.. &4,3iS,495
Coffee and Sugar.
NEW YORK, April 13. Coffee futures
closed eteady, net unchanged to one point
lower. Sale? 10,000 bags. Closing bids:
April and May, 0.65c; June, 6.75c; July,
ft-80c; August, September, October and No
vember, 6- Sue: December. 6.90c ; January.
6.9.1c; February. 6.94c; March, 695c. Spot
quiet, No 7 Rio. c- No. 4 Santos, Bc;
mild, quiet. Cordova. QVz (ff 12.4 c.
Sugar Raw. nominal. Muscovado, -SO test,
S.68c; centrifugal, .96 test, 4.33c; molasses
sugar, .89 test,- 3.6.1c Refined. steady.
Crushed, 5.85c; granulated. 5-16c; powdered,
5.25c,
SHEEP ARE STILL WEAK
LOCAL MARKET CONTINUES
TOPHEAVY.
Sales Are Made at the Yards at
$6.50 Good Cows Bring the
Top Price.
The receipts at the yards yesterday were
"again composed of sheep principally and as
a result of the topheavy condition of the
market, sheep were still depressed. A
single sale was made during the day of 115
head at 6.50.
Two lots of hogs were moved at $10 and
?11. Thahog market was very steady.
That good cattle have lost none of their
strength was shown by the sale of several
small bunches of top-grade cows at
No steers were moved.
Receipts for the day were 227 sheep and
67 hogs.
Shippers of stock were: E. J. Phillipl, of
Corvailis, one car of sheep, and C. II.
Farmer, of McCoy, one car each of sheep
and hogs.
The day's sales were as follows:
Wt. Price.
52 hogs 151 H.OO
10 hogs 13 10.00
115 sl-eep 66 tifiO
1 bull 14m) 4.50
5 calves :i32 3.25
20 cows .1058 4.85
' 29 cows 809 3.75
1 cow. extra good 14t0 H.oO
12 cows, extra good ........... 1 1 55 ti.oO
4 cows, good .... ............. IOI 2 5.50
2 cows, extra good 1660 6.O0
Prices quoted on th-a various classes of
stock at the yards yesterday were as fol
lows: CATTLE Best steers. $77.25; fair to
good steers, $66.25; strictly good cows.
$ 5.75 , 6 ; fair to- good cows. (5 5.50; light
calves, $67; heavy calves, $4 5; bulls,
$4to5.25; stags, $4.50 ft 5.5Aa
SHEEP Best wethers, $8 8.25; fair to
good wethers, $6.00i& 7.00; good lambs, $S'o)l
HOG-S Top, $11.10 & 11. 25; fair to good,
SlQfcll.
Kastern Livestock Markets.
CHICAGO. April 13. CatLle Receipts es
timated at 1 4. 000 ; market stoarly ; beeves,
5.55 & 8.55; Texas steers, $4. 80 (g-6.35 ; West
ern steers, S5& 6.85 ; stockers and feeders,
X 3.85 . 6.45 ; cows and heifers, 32.7oif7.10;
calves, $78.
Hogs Receipts estimated at 18.000; mar
ket 1015c lower; light, $9.80010.15; mixed,
$9.86 10.10; heavy, $9.85 10.16; rough,
9.85 9.95; good to choice heavy, S9.95$
10.15; pigs, $9.2010.10; bulk of sales, S9.90
10.05.
Sheep Receipts estimated at 14.00Q; mar
ket weak; native, $4. 508. 25; Wostern. $4.75
&8.25; yearlings, $7.25 8.75 ; lambs, native,
$7.759.7&; Western. $8tij9.76.
KANSAS CITY, Mo., April 13. Cattle
Receipts 4000;' market strong to 10c higher.
Native steers, $6.25(8.30; cows and heifers,
$4 0 7.35; stooicers and feeders. $4.i0& 6.75;
bulls, $46; calves, J3.7S&8; Western steers,
$5. 75 (S 8.10 ; Western cow a, $4 6.25.
Hogs Receipts, 11,000; market steady to
10 Cq lac lower. Bulk of sales, $9.70 9.95;
heavy, $9.90(S' 10.O6; packers and butchers.
$.7610; light. $9.609.85; pigs. $8.50&9.
Sheep Receipts 8000; market steady;
muttons, $6.75 (8 8.75 ; lambs, $8.25 9. 90; fed
Western wethers and yearlings, $7.25 9. 25;
fed Western ewes, $6.7518.30.
OMAHA, April 13. Cattle Receipts 3700;
market steady to strong; natiye steers, $6'g
8 ; cows and heifers, $3.75 6.60 ; Western
steers. $3.50 $ii 7 ; Western cows and beifers,
$2. 75 (g 5.50 ; canners. $2.50 rg 4.25 ; stockers
and feeders, $3.757; calvs, $4.258.25;
bulls, stags, etc.. $3-755.76.
Hogs Receipts 11,700; market 1015c
lower; heavy, $ 9. 75 j 9.90 ; mixed. $9.65
9.75; light. $9.509.75; pigs, $8.50(&9.50;
bulk of sales, $9.45&9.75.
Sheep Receipts 8100; market 15 20o
lower. Yearlings, $7.75 8.60; wethers,
$7.50S.2O; ewes, $78; lambs, $9fel0.
Metal Markets.
NEW YORK, April 13. Market for stand
ard copper, weak, with spot and April
cloning at 12.5C& J2.65c: May, 12.55&) 12. 7Uc ;
July. 12.60 12.80c. The London market
closed steady, with spot quoted at 56 17s
6d and futures at 57 17s 6d. No arrivals re
ported. Custom-house returns showed ex
ports of 865 tons, making 4713 so far this
month. Local dealers quoted lake copper
at 12.87 $rl3.12c; electrolytic, 12.75
13.00c; casting, 12.62 12.75c.
Tin, weak ; spot, 32.25 fr 32.40; April,
32.27 U 32. 40c; May. 32.30 & 32.45c; June,
32.4032.50c; July. 32.40ff 32.65c. The Lon
don market was weak and lower, withpot
quoted at 147 lOs and futures at 149 10s.
Lead, weak ; spot 4. 35 4.40c New Tork
and 4.17H-4.25 East St. Louis. London
unchanged at 12 12s 6d
Spelter, weak; spot, 5.50i15.:.c New Tork
and 5.25 5.37 f East Ht. Louis. London a
shade lower, at 22 10s. . 4
Iron, tower- In London." Cleveland war
rants. 50s 9d. Locally the market was
quiet. No. 1 foundry Northern. $IK6-18.50;
No. 2 do, $17.501S; No. 1 Southern and
No. 1 Southern soft, $17.5017.75.
Eastern Mining Stocks.
BOSTON. April 13. Closing quotations:
AUouez , 47Vi."MlBmft Copper. 24
Amalg Copper.. 75 U: Mohawk ., ..52
Am Z L & Sm. 2&. Nev Con sol 21 Vi
Ariz Commercial ISs Niplssing Mines 9"
Atlantic 72 iNorth Butte .. 37 H
Bos C & C rets 17 'North Lake ... 164
Bos & C C & S. 14H'OIa Dominion.. 8rt',4
Butte Coalition. 2:1 4 Osceola I4t-i
Cal & Arizona .. 66 Parrot (S & C). 15
Cal & Hecla.... 590 ;Cuincy .. .... 84
Centennial ! Shannon 12
Cop R Con Co.. 71 i Superior 47
K Butte C M . . 8i Superior St B M 12
Franklin 14 Superior & P C. 13
Giroux Con 44 H Tamarack 59
Greene Cananea 9 H i: 8 Coal & Oil. 3;t
?ranby Con 44 H U S R & Mln. 43
Isle Royaie C. .18 do pfd 49J,i
Kerr Lake 8 ;ttah Consol... 24
Lake Copper ... 57 -Winona ,h5
Sa Salle Copper. 14 Wolverine 125
Ialry produce In the East.
CHICAGO. April 13. Butter Steady.
Creameries. 26i3lc; dairies, 222Sc. Eggs
Steady. Receipts. 22.962 ca&as. At mark,
cases included, IS 20c; firsts, 20c; prime
firsts. 21c Cheese Steady. Daisies, 14
144c; twins. 13if?13c. Young - America,
14 014 He; long horns, 13 & 13 c
NEW YORK. April 13.' Butter Firm.
Creamery specials, 3 4(; extras. 33c; thirds
to firsts. 26 (y 3 i:c. Cheese Dull. - Eggs
easy, unchanged.
Dried Fnf?ts-at New York.
NEW YORK, April 13. Evaporated ap.
pls quiet, steady. Spot fancy, 10c; choice,
S&SHc; prime, 67c; common to fancy.
Prune steady. California, up to 30-40s,
2g-9Mc; Oregons, 5&9c.
Apricots quiet. Choice, 10 (Q 11c; extra
choice, llHHc; fancy, 12.lJc.
Peaches dull. Choice, 6V&6c; extra
choice. 67c: fancy, 7g7c.
Raisins barely steady. Loose muscatels,
35c; choice to fancy seeded. 66c:
seedless, 34c; London layers, $L15 4fl.20.
A Booklet for Investors.
The Harris Trust & Savings Bank. 204
Dearborn street, Chicago, hag Issued a
booklet entitled "Bonds for Sale Invest
ment," Intended for the use of persons
planning to invest in bonds for the first
lime. Its aim is to explain in simple
terms the purpose of various claises of
hond?. and to indicate the value of bonds
as safe investments for individuals, as
mell as institutions. Copies may be had
free upon request.
- Increasa . .
PROSPECTS OF
Cause Two-Cent Drop in Chi
cago Wheat Market.
LIGHT SHOWERS IN KANSAS
Final Flurry Has but Little Effect
"and the Close Is WeakCorn
and Oats Are Lower -Provisions
Take a Slump.
CHICAGO. April 13. Prospects of rain In
Kansas today was the controlling factor
in the wheat pit, inducing a drop of 2 cents
from the high point. Corn and oats fell off
less sharply on liquidation and provisions
slumped from 15c to K5c
Covering by shorts under the spell of
reported lack of rain in Kansas gav a
strong tone to early tradira in wheat. The
advance carried July up to c, to $1.05H
l.OCH. Influential local concerns supplied
all demands and In the first hour reports of
light showers with more rain forecasted for
Kansas gave courage to the hears and the
market fell away. The final flurry was un
impressive and the close was weak, with
July c off, at $1.03fe1.03 and Sep
tember 1c off. at 1.00.
Liquidation in corn gave an early down
ward trend to the market, which was fur
ther accelerated by the weakness of wheat.
May fell off from SSSti S8c to the
other futures declining with it. There was a
poor demand for cash corn and prices were
about a half off. No. 2 yellow corn sold
at 57945Si. The futures were weak at
the close, with May -'ic off, at 5Sc.
Early trading in oats wafl relatively firmer.
May traveled between 424 and 43c. The
clo.-e was weak, with May He off, at 42c.
Provisions closed almost at the bottom,
with the May products as follows: Pork, 55c
lower, at 2.40; lard, 35c lower, at $1.75,
and ribs down 15c. at $12.65.
The leading futures ratfped as follows:
WHEAT.
Open. High. Low. ' Close.
May fl.ll? 1-10 $1.10
Julv 1.04 I.0514 1.031 1.05S
Kept l.VZft 1.02 1.00 1.00
.. ' CORN".
May., 58 .587, .57 .58
July 1 .61 .60 .til
Sept 62 .62 Ts .62 .62
OATS.
May .43 .43 .42 .42
July .40 4 .40 .3-9 .40
Sept oS .38 .37 .37
MESS PORK.
Mav ' 22.87 22.87H 22.35 22.40
July 23.05 23.05 22.50 23.60
Sept 22.80 22.80 22.40 22.42
LARD.
May 13.07 13.07 12.72 12.72
July 12.67 12.67 12.42 13.45
Sept 12.57 12.57 12.35 12.40
SHORT RiBS.
May..'.... 32.77 12.80 12.67 12.65
Julv 12-0 12.60 12.40 12.40
Sept. 12.47 12.45 12.27 12.32
Cash quotations were as follows:
Flour Easy.
Rye No. 2, 78 79c
Barley Feed or mixing, 4552c; fair to
choice malting. 6870c
Timothy seed $4.60.
Clover 911.75.
Pork Mess, per bbl.. 22.65 22.90.
Lard Per 100 lbs., $13.07.
Ribs Short, sides (loose). $12. 35 12.72 .
Sides Short, clear (boxed;, $13.50$ 13.75.
Grain statistics:
Total clearances of wheat and flour were
equal to 134.000 bushels. Primary receipts
were 386,000 bushels, compared with 191.000
bushels the corresponding day a year ago.
Estimated receipts for tomorrow: Wheat,
14 cars; corn, 134 cars; oats, 89 cars; hogs,
16.000 head.
Daily movement of produce:
Receipts. Shipments.
Flour, barrels 21. S00 13.200
Wheat, bushels 15.600 31.600
Corn, bushels 275.M0 10S.400
Oats, bushels 217. goo 338,600
Rve. bushels 4. 000
Barley, bushels 76,00 34,000
Grain and Produce at New York.
NEW YORK, April 13. Flour Dull and
nominally lower. Receipts, 1S.S76 barrels;
shipments, 5O00 barrels.
Wheat Spot, steady. No. 2 red, 91.20 c I.
f.; No. 1 Northern, S1.2o . o. b. openft g
navigation. Option market was firm early
on the cables and covering by shorts, but
later the market broke sharply under heavy
liquidation on predictions of rains and re
ports of poor cash demand. Exporters
took about 50 loads of Manitoba wheat at
outposts. At the close, prices wre c
higher to c lower. May closed at $1.16U:
Julv closed at $1.12; September closed at
$1.03. Receipts, 7203; shipments, tOt,750.
Hops Dull.
Hides Easy.
Petroleum Steady.
Wool Steady.
Grain at Saa Francisco.
SAN" FRANCISCO. April 13. Wheat
weak. Barley steady.
Spot quotations Wheat, shipping, 91.67
1.72 per cental.
Barley Feed. fl.17 3 1.20 per cental;
brewing. S1.25 P cental.
Oats Red. 1.301.42; white, $1.45
$1.52 ! ; black, nominal.
Call board sales: Wheat, no trading.
Barley May. 91.16 per cental bid; 91.20
pep cental asked ; December, 9 1. 13 L 13
per cental. r
Corn Large yellow. $1.60 $1.65 per cen
tal. LONDON, April 13- Cargoes dull and in
active; Walla Walla for shipment, 39c 3d to
39s 6d.
English country markets, quiet.
French country markets, firm.
LIVERPOOL. April 1.1. Wheat May. 7s
10c; July. 7s 9c; October. 7s 7 "id
Weather, rain.
Grain Market of the Northwest.
TACOMA. April 13. Wheat, export, blue
stem, l7c: club, 92c. Milling, bluestem. Ufitif
99c; 40-fold. 93c; club, 94c; red Russian,
92c
SEATTLE. April 13. Milling quotation,
bluestem, 93c; club. tc: fife. ic; red Rus
sian. 53 c. Export wheat, bluestem, Arte;
club, y2c; fife, 92c; red Russian, IKftr. Yes-
LUMBERMENS
Natiomal BaImk
CORNER FIFTH AND STARK STS.
PORTLAND, OREGON
The capital of the Lumbermens National Bank
was increased on April 12, 1910, ta f
$500,000
Deposits April 12, 1910 $2,S06,328.8?
Deposits April 12, 1909 1,726,888.63
,..$1,070,440.25
AMERICAN BANK
& TRUST COMPANY
SAMUEL CONNF.I.I. President G. 1 MacGIBBON, Cashier
CAPITAL, $150,000
Does a (renereJ banking business. Opens checking accounts) without
limitation as to amount. Pays Interest on time and savings deposits.
CORNER SIXTH AND OAK,
Tremendous earning power
of OIL
With the oil companies of California alone paving: about
11,000,000 monthly in dividends, this must be self-evident.
Oil actually costs to produce not to exceed 10c per barrel it
sells at from 50c to 65c per barrel at the well. A well once com
pleted is good for many years of steady grinding out dollars.
If you are not as yet financially Interested In this industry you
are overlooking a real chance to make money.
Tou can secure an interest by buying Coalinjra Crude stock to
day. It is listed on the Los Angeles Stock Kxchange .and is now
selling at early low prices around 35o (par $1.00). Company owns
fine piece of absolutely proven property in Coalinga. and expects
to finish first oil well early this month. When this well comes
In, look out for blgjump In price of stock.
Full particulars of company, with maps and photos of prop
erty, furnished upon application. Call or write at once.
Pacific States Guaranty- & Land Co.
" 601 FIRST KATIOXAL BANK Dl.UCi.
Sau Francisco '
terday's car receipts, wheat 1 cars, oats S
cars, bluestem 3 cars.
Minneapolis drain Market.
MINNEAPOLIS, April 13. Wheat May.
1.10;! July, 1.10; September. $1.01.
Cash, No. 1 Northern, $1. 10 1.11 No.
2, 1.08Vi 1.09 : No. 3, $1.04 ei.V8.
Flax closed at $2.45.
Corn No. 3 yellow, 49e54o.
Oats No. 3 white. 40340c.
Rye No. 2, 70 473 c.
New Tork Cotton Market.
NEW YORK, April 13. Cotton Spot
closed quiet. Mid-uplands, 15.30c; do. Gulf.
lo.55o. Bales, 23 bales.
Futures closed eteadv. 1 to 2 points net
lower. April, l4.tfc; May. 14.8o; Juno.
14.33C: JulV. l.Vo- Atim,t IIHfio. a.n-
tember, 12.9SC; October, la.51c; November
ano. .December, 12.35c: January, 12.32c.
Unseed OH and Turpentine.
LINSEED OIL Pure raw In barrels. D7c;
kettle boiled, in barrels, 89c; raw, in cases, i
h.ikc; kettle boiled. In cases, $1.04. Lots of i
250 gallons, 1 cent less per gallon. I
TURPENTINE In cases, S04c; ia wood I
U. S. A.sks Hay and Oats Bid.
SEATTLE, Wash.. April 13. The United
States Government has called for bids '
for 5000 tons of oats and 4000 tons of hay, i
wnicn. will cost in the neighborhood of
$30,000. The forage Is for the quarter
master's department in the Philippine
Islands, and the bids will be opened
April 22. Tenders are expected from
Seattle, Tacoma, Portland and other
Northwest cities. Tne hay and oats are
to be delivered ont of the old crop and
must be laid down on the docks during
July and August.
Vancouver rioneer Is Dead.
VANCOUVER, Wash., April 13. (Spe
cial.) John F. Kemp, 53 years old, died
at St. Joseph's Hospital of apoplexy laet
night. He had been a resident of Van
couver fo- more than a quarter of a
century. He was a native of Ohio and
was at one time a member of the Twen-ty-firgt
Infant ry. He wa a member of
Many property owners
KNOW NOW
many will learn, that
BITULITHIC
Pavement has more sta
bility, ' more real value
than any other hard-surface
pavement laid.
PORTLAND,
SEATTLE, SPOKAJTE,
TACOMA.
Downing-Hopkins Co.
BROKERS
Established MB3.
Stocks,
Grain.
Private
Wires
20L-2-3 Couch Bids;.
PORTLAKD, (OREGON.
the ftons of Herman, which will take
charjre of thf funeral tomorrow.
TRAVELERS' Gl'XrjK.
Trips Abroad
Arc Not Expensive
They cost less and of
fer more enjoyment tban
By the vacation at a fashionable
seaside or mountainrcsort.
Write us tor details.
North German
BT -m "V From New York
R I A17fl Express ssllings
S J 1 1 9 V !. EVERY TUESDAY 10 A. M.
11 VJ Twin-Screw F.till
sailings
EVERY THURSDAY.lv A. H.
To
Medtterranean Porte
EVERY SATURDAY. 11 A. M.
Wireless and Submarine Sfenals.
Independent Around - the -World
Tours.
Travelers checks rood all over
the world.
Ilttutratwd Booklets ott SjtMii
nFi.Bims ja, m c-i i.
LONDON
PARIS
BREMEN
t Broadway, New York City r
KOBKKT CAPELLE, Gen. Pa
cific Coast Act-. 2A0 Powell St.. ban Franoisco
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 routo to 2u
roDe. i
Nothing; better oil the Atlantic than our
Empresses. Wireless on all steamers.
First-clossa S00. second $51.25. one claa
cabin 41.50.
Ask any ticket afrent. or write for sail
ings, rates and booklet. P. R. Johnson, Gen
eral Acent. 142 Third St.. Portland. Or.
HONOLULU
$110
And Back Flnt Clnsa)
6's Days from 8. P.
The splendid twin screw steamer SIERRA
(141.000 tons displacement) sails March tl.
April 18, May 7 and every 21 days. Round
trip tlcketa good four months. Honolulu,
the most attractive spot on entire world
tour. BOOK NOW and secure best bertha
LINE TO TAHITI AND NEW ZEALAND.
6. S. Mariposa and Union Line, sailings
April 13. May 21. June 29. etc. Tahiti and
back CJ4 days). 125 first class. New Zea
land (Wellington). $246.25 first class. R. T.
six months.
OCEANIC 8. 8. CO..
67S Market Street. San Francisco.
SAN PRAN'CISCO PORTLAND STEAM
SHIP COMPANY.
Only direct steamers and daylight salllnca
From Alnsworth dock, Portland. 9 A. M.
8.S. Kansas City, Apr. 1H, 30.
ti.S. Kse City. Apr. 2:1, May 7.
From Pier 40, San Francisco. 11 A. M.
S.S. Kon City, Apr. 16, 30.
S.S. Kansas City, Apr. 23, May 7.
M. J. ROCHE, C. T. A.. 142 Third 8t
Main 403 A 1402.
J. W. RANSOM. Dock Agent.
Alnsworth Dock. Main SOS. A 1234.
San Francisco and Lcs Angeles Direct
North Pacific S. S. Co.'a ateamxhtpa Roan
oke and Elder sail alternately every Tues
day at 8 P. M.
8. S. Santa Clara sails for Eureka and
Pan Francisco March 26. April ft. 23. May 7.
at 4 P. M-. from Martin's Dock, foot of
17th at. Ticket office 132 3d t. Phonea M.
1314: A 1314. H. YOUNG. Agent.
COOS BAY LINE
The Btamer HAMON'A leaves Portland
"rry WdnB4lay. 8 V. M .. from Alnsworth
dork for North Rend. MarhftWd and Coos
Bay points. Freight received until r J M.
on day of sailing. Pas-pnT fare, first
elass. JIO;- sr-ond-c!ass, $7. inchi'l injr trt h
and. mels. Inquire city ticket office. Thir-1
and Wahlngtn streets, or Ainsworth dock.
Phone Main 26t