Morning Oregonian. (Portland, Or.) 1861-1937, May 10, 1910, Page 19, Image 19

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    fHE MORNING OEEGONIAN, TUESDAY, MAY lO. 1910.
LOCAL ILLS BUY
Pay More for Valley Wools
Than Eastern Dealers.
ONLY WANT FINE GRADES
Coarse 'Wools Are Xot Wanted at
the Present Time -Lack of In
terest Shown in Eastern
Oregon; Clips.
Buyers are operating very slowly in Wil
lamette Valley wools, particularly the
Eastern buyers. The local mills are mak
ing some bids and are offering- batter prices
than the Eastern trade will pay, but not
much wool has changed hands to date. The
demand is chiefly lor mediums, for which
20 cents Is bid. Coarse grades will be
taken on tha basis of 18 cents delivered
at Portland, but the demand for them Is
far from keen. The percentage of coarse
wools In the Valley is Increasing every
year and tt Is a problem. In the trade how
to handle them In the face of th poor
Eastern inquiry. It Is said that a con
siderable quantity of last year's coarse Val
ley wools axe still unsold In. Boston. . They
were taken at a price 4 td 5 cents a.bovs
what they could be sold for now.
The market East of the mountains is still
inactive. A number of buyers are on the
ground, but their views and those of the
growers are too far apart to permit of busi
ness. The usual talk of a buyers combine
has been started In the Eastern Oregon
wool towns and the agitation will doubtless
-be kopt up until the market opens.
One of the largest wool growers of Idaho
A. J, Ko!Hn. is quoted in a Chicago wool
paper as offering the following advice to
growers:
Growers should carefully consider foreign
wool market conditions before accepting
lower prices for their crops Foreign mar
kets are active at the highest prices of
the year and home market conditions are
not warranted .except th e.uph causes en
tirely due to domestic Influences. Certainly
the new clip will not exceed consumptive
demands, as we will bo compelled to im
port wool for a number of years to come.
Strike threat and rumors of tariff re
vision may have been depressing Influences
and there ana doubtless many who are
honest in the belief that prices of woolen
goods In this country are too high to the
consumer. My advice is to store wool and
not make concessions to the dealer that are
of a sacrificial nature. It is going to be a
long-drawn struggle this yeacand dealers
show a decided disposition to clsan up old
stocks before starting out.
Shearing Is now general in Morrow Coun
ty, two or three machine plants besides
some hand crews being engaged. Owing
to the splendid range during the Spring
months the clip has an extra flue staple
and will probably weigh above the average.
The first load of wool to come to Condon
this season was brought In last Monday by
A. Grelner. The entire load was of the
finest quality. Shearing Is in progress in
all th sheep camps In the country south
of that point. Shearing In Owyhee County,
Idaho, has now started, and the prospects
for a large clip are good. George Lewis,
an Owyhee grower and owner of a. .large
band of sheep that has Just finished lam-b-injc.
reports an Increase of over 100 per
cent.
IXKAfc GRAIN MARKETS ARE QCIET.
Prices Show No Chamre Weekly Wheat
StntiNtic.
The local grain markets were very quiet
yesterday. The feeling was generally steady
and prices were unchanged.
Local receipts. In cars, were reported by
the Merchants' Exchange as follows:
.Wheat Barley Flour Oats Hay
Monday S 5 7 S S
Year ago 13 18 3 22
Season to date 9125 lf.23 1P84 1342 2449
"Year ago ....10417 1520 1448 802 2i62
Tlie weekly wheat statistics of the Mer
chants' Kxchange follow :
American Visible Supply
Bush el n.
recrease.
1.045. ooo
3.002.000
2.272,000
1.ST.3.OO0
3.405.0O0
2.105.000
04,000
1. Oil, ooo
3,0211,000
007, 000
May
May
3. lfllrt. 2r 'JS4.0OO
May
11, 11HS 2S.044t.000
May
May
May
13.
14.
1107 ,V,127.0M)
lootj. 3.-,;irt,x')
llns.. 24. 170.000
U4 .2.:;9.0iM
lOtKi ...... .32.440..OOO
lttOfc 85.302.000
liMM 4.-,701.0OO
lr.
Ma v
May
11,
May 12
May
Quantities on Passage
Week
ending
May 7
For Bushels
C. K ...84.000.000
Continent . 1 B.200. 0ix
Week
endinir
April 30
Bushels
35,040.000
15.520,000
Week
ending
May K, '00
Bushels
24,640.000
l4r72.0O0
Totals 40.200.000 50.500.000 89,512,000
World s Shipments, Flour Included
Week
ending
May 7
Bushels
1.S54.00
.1.070.000
. 410. OHO
Week
ending
April 30
Bushels
2.050.000
2.S40.OOO
200,000
344.000
4.2V. OOO
472.000
Week
endine
May 8, '00
Bushels
From
XT. S.. Can. .
Argentina ,
Australia
Dan. ports..
1.433.000
2,B4ft,on
17H.000
4KB, OOO
3.152.000
IV0O.0O0
24.O0O
Russia 4.SOO.000
India 232.000
Totals .T2R.OOO 10.103.000 8.477,000
HIDES ARE IX FAIR DEMAND
I'elts Are fasier in Sympathy With, the
w eaker W ool Market.
Th-ere Is a fair local demand for hides.
but no improvement In prices. Testerday's
advices from the Bast showed the markets
there were no better and while the prices
being paid locally are not warranted by the
Eastern level, yet the dealers here figure
that the markets will show no early change
and consequently "have not altered their
quotations.
Dry pdlts are easier in sympathy with
th e wea k wool marke t. Dealers are offe r
lng ltiS'lS cents delivered at Portland,
according to quality. Heavy and sanded
pelts are worth less.
BETTER EASTERN PKMAD FOR HOPS.
Blarket Is Steadier Than It Him Been at All
Coast Points.
The Eastern Inquiry for hops Is better
than tt has been for weeks and because-of the
demand the market Is much steadier. Most
of the Kastem orders, however, call for
good, goods at a price at whch only poor
hops can be bought. Consequently, not
much business la passing. Holders of the
heat grades show the same firmness they
did early In the season. .
There are now left in Orepon 1S.SO0 bales
of last year's crop. Washington has 750
boles left and California growers hold 4600
bales. Advices from California yesterday
were that 14 h and 15 cents was offered, for
Sonoma, with no sellers.
BAX SmWBERRIKti ARE COXDEStXED.
Inspector dets Busy With California Fmtt
More iold Dollars In.
The strawberry market was overstocked
with poor California fruit. There was a
large stock carried over from Saturday and
liberal receipts Sunday and Monday. A
good part of these offerings were unmarket
able and many crates of Jessies were ; con
demned by men from the Food Commission
er's office. The top on California berries
was $1-25 a crate and many lots went as
low as 50 cents a crate.
Fifteen crates of Gold Dollars came In
rom Rax; and sold at $4 crat. spcin-
brook will .begin shipping- Wednesday or
Thursday and by Saturday the movement of
theae fine, bewies to market win be on In
full swing-.
The first box of Clark Seedlings from
the Mount Tabor section was received yesterday.
PLENTY OF RAX AN AS. THIS WEEK-.
Ten or Eleven Cars Will Arrive and Mar
ket May Break.
It will be mirprteing if the banana market
does not break badly this week. One car
came In yesterday and nine or ten more will
arrive before the end of the week. As the nor
mal requirements of the market are only four
or five cars a week, the dealers will find some
difficulty in getting rid of the surplus.
Among yesterday's receipts were two cars
of oranges, one car of lemons, two cars of
cabbage, two cars of Bermuda onions and
one car of Florida tomatoes, the last of the
season. Tfne steamer brought up only a light
assortment of California vegetables.
Bermuda onions were in heavy supply arrd
weak, although the California market is
strong. Shipments north may end this week.
Several shipments of new red onions are on
the way. Asparagus was weak, local stock
selling at 75 cents to $1 a dozen. Other vege
tables were unchanged.
BUTTER PRODUCTION IS LARGE.
Demand Is Sufficient to Take Tip AU tfee
Offerings.
Sutter production. Is heiavy and near the
maximum, but there has been a good-demand
far for all of it. However, dealers be
lieve that prices could not be maintained but
for the fact that Seattle holds above a parity
with Portland. Cheese eells readily at quo
tations.
The egg market dragged. Receipts were
light, but sufficient. Poultry was unchanged.
Dressed meats were weak.
Bank Clearings.
Bank clearings of the Northwestern- cities
yesterday were as follows:
Clearings. Balances.
Portland .$1,788,257 $250,626
Seattle 2,00l,o39
170,810
Taooma . . . 936,959
Spokane 1.030,378
109,478
PORTLAND MARKETS.
Grain. Flour, Feed, Etc
WHEAT Track prices: Bluesbsm. 88o;
club, 85c; red Russian, 84c; Valley, 85c
BARLEY Feed and brewing, $22 23 per
ton.
FLOTTR Patents, S5.55 per barrel;
straights, $4.30 5. 15; export, $4; Valley.
$5.50; graham, $a.!0; whole wheat, quarters.
10. HU.
CORN Whole. $33; cracked, $34 per ton.
HAY Track prices: Timothy, Willamette
Valley, 2021 per ton; Eastern Oregon,
52225; alfalfa, $lS.50(gpl7.CK; grain nay.
U7818.
MILLSTUFFS Bran, mo per ton; mid
dlings. $31; shorts, $22; rolled barley, $27.50
uais rso. i wnite, $z6.oV3zy.&v per ton.
Dairy and Country Produce.
BUTTER -City creamery, extras. 27c;
fancy outside creamery, 2$&37c per pound;
store, 20c CButter fat prices average lc
per pound under regular butter prices.)
xsinsis jbresn uregoa r&ncn, zsnoo per
dozen.
CHEESE Full cream twins, 1616ic
per pound; young America, 1717c
FORTv Fancy, I2fai2jc per pouna.
VEAL Fancy, lO-lOc per pound.
LAMBS Fancy. lOSTliio per pound.
POULTRY Hens. 2021c; broilers, 30a
SSc; ducks, 18 -23c; geese, 12c; turkeys,
live, 20 q 22c; creased, 26c; squabs. $3 per
dozen.
Vegetables and Fruits.
FRESH FRUITS Strawberries. Orejcon.
$2.604 per crate; Florin. 50c 3 $1.25 per
crate ; apples, $jdu Qj i per dox; cnemes.
$1.73 per box.
POTATOES Carload buying prices: Ore
gon. 40 50c per hundred ; new California.
1A3c per pound; sweet potatoes. 4c
VEGETABLES -Artichokes, O047jO per
dozen ; asparagus, i o per dox; oeans.
lO'&lz&o per pound; cabbage, 3o pound;
celery, $3.ou&4 crate; eucuniDera. fi.ouw
2 per dozen ; head lettuce. 50 30c per
dozen: hothouse lettuce, oOc$l per box
garlic, 10Hj12sO pound; horseradish, . 6e
loo per pound ; green onions, loo per
dozen; peas, 3 0c; peppers, $5 per crate;
radishes. 1 59 200 per dozen: rhubarb, 2
per pound; splnuch. HlOc per .pound;
squash, 3l.au per crate; tomatoes, x.oo per
box.
TROPICAL FRUITS Oranges, $2.25
8; lemons, $46; grapefruit, $3.25 per
box; bananas, 5 fee per pound; tangerines.
$1.75 per box.
ONIONS Oregon $3 per Hundred; Ber
muda. $1.50 per crate.
bAtb. ViUiSTASl-.EiS RUtAOagas, l-D
0150; car ro ta, S5c & S 1; beets, SI. SO ; pars
nips, 7&C$L
Hops, Wool, Hides, Etc
HnrPK lftoft iron. 12f16c accordlnr to
quality; olds, nominal; 19X0 contracts, nominal.
WOOL Eastern Oregon, 14fti)17c pouna;
Valley, 3 8 20c per pound.
i ilAin- unuice, J- (a- o per pouna.
CAS CAR. A BARK Vfc (f 5c per pound.
HIDES Dry hides. 1 u" 17 c per pound;
dry kip, 16fe17o per pound; dry calf
skin, i oyziQ per pouna; saitea niaea, JF
owe; saitea caaisKin, ioc per pouna; green,
hides, lc less.
PELTa Lry. 124 S13c: salted, butchers"
take-off. $l.li$1.40; Spring lambs, 2&?46c
Groceries, Dried Fruits, Eto.
DRIED FRUIT Apples, 10o per pound;
peaches, 7c; prunes, Italians, 45c; prunes.
French, 4&5c: currants. 10c: apricots, 15c;
dates, 7c per pound; figs, fancy white, 6-4o;
zancy black. 7c: choice black, one.
SALMON Columbia River. 1-oond talis.
$2 per dozen: 2-pound tails. $2.95: 1-pound
flats. 42.10: Alaska uink. 1-pound talis. WOc;
red, l-pouna tails, f 1.4a; sock.eye, i-pouna
tails. $2.
COFFEE Mocha, 240 28e; Java, ordinary,
174? 20c; Costa Rica, fancy, 18a20c: good.
lo a 18c: ordinary. 12.i2loo per pound.
NUT3 Walnuts, 15c per pound; Brazil
nuts. 13Vt4iloc: filberts. 16c: almonds, lie:
pecans, ldo; cocoanuts, 90cQ)$l per dozen
BEANS Small white, 2.o0c; large white.
4c; Lima, 6c; pink, &c; red Mexican,
T , C.
SUGAR Dry arranulated. fruit and berry,
$6.25; beet, $6.05; extra C, $5.75; golden C
$5. bo: yellow D. $5.oo: cubes i barrels)
$5.tt5; powedered, $6.50; Domino, $10.40
1U.UO per case. Terms on remittances, witn-
In 15 days deduct H c per pound, it later
than 15 days and within ik days, deduct Ho
per pound. Maple sugar, 15yl&c per pouna
SALT Granulated, $15 per ton; half
ground, 100s, $10.50 per ton; 60s, $11 per
ton.
RICES No. 1 Japan, 4 He; cheaper grades.
S-ooctf4.&5c; southern rteaa, oiu jo.
HON IS Y Choice, $3.253.&0 per
trained, 7c per pound.
Unseed Oil and Turpentine.
LINSEED OIL Pure raw In barrels, 97c;
kettle boil led, in barrels, 90c; raw. in cases.
$1.02; kettle boiled. In cases, $1.04. Lots of
250 gallons, 1 cent less per gallon.
TURPENTINE In cases, SOfcc; in wood
barrels, 7 So.
provisions.
PICKLED GOODS Barrels: Figs" feet.
$16; regular tripe, $10;. honeycomb tripe.
$12; lunch tongues, $19.50; mess beef, ex
tra. $14: mess pork, $Ju.
BACON Fancy. 28c per sound; stand
ard. 1:0 Vc; choice, 24ttc; English, 22fe4
HAMS 10 to IS pounds. 20c; 14 to 18
pounds, 20c; 18 to 20 pounds, 19c; hams,
skinned. 21c; picnics, 15c; cottage rolls.
none: boiled hams. 2i v2Ac
LARD Kettle rendered. 10s, 17c; stand
ard pure, $10s, ltc; choice, 10s, 16c,
1 beef -,.,n. driti beef outside. aoc
dried beef lnaida, 23c; dried beef knuckles.
22c
DRT SALT CURED Regular short clears.
Oregon exports, dry salted, 17c; smoked.
dry salt, 17c; smoked. ISc; short clear
back, heavy dry salted. 16'Ac. smoked. 18c
19c
. New York Cotton Market.
NEW YORK. May 9. Cotton Spot closed
quiet. 25 points higher. Mid-uplands, 15.50c
do. Oulf. 15.77c. Sates, 11,100 bales.
Futures closed firm g 1 points higher.
May, 15.10c; June, l&.OIo; July, 14.95o; Au
gust. 14.35c; September, lS.86c;. October,
1X.7SC; November, 13.65c; December, 12.62c
January. 1 2.0 Sc.
A Booklet for Investors.
The Karris Trust & Savings Bank,
204 Dearborn street, Chicago, has is
sued a booklet entitled "Bonds fo
Bald Investment, intended for the use
of persons planning- to invest in bonds
for the first time. Its aim Is to ex
plain in simple teroi3 the purpose o
various classes of bonds, and to indi
cate the value of bonds as safe invest
ments for individuals, as well as insti
tutions Copies Ireo upon re quests
HEAVY RUN OF STOCK
Arrivals Over Sunday at the
Yards Are Large,
MARKET IN STEADY SHAPE
Most of the Cattle Received. Were for
Contract Delivery Sheep Sent
on to I 11 get Sound
Points.
There were heavy arrivals of livestock at
the Union ' Stockyards over Sunday. Most of
the cattle coming from California were con
tract cattle, while about half of the sheep
received went on to the fkvund. Consequently
the yard sales were not as numerous as they
won Id otherwise have been.
The general condition of the market was
steady. A large bunch of lambs brought
$8, while wes sold at $5, The beet sheep
coming on the market now are from Cali
fornia, but there will be plenty of good East
ern Oregon aheep later. Lambs from those
sections1 will very soon be on the market and
there will be plenty of them.
The best hogs offered during the day
brought $10.00 and another email lot realized
$10. KN. The hog market is holding up well in
all sections of the country and there is not
likely to be much recesssion from present
prices art any time during the coming Sum
mer. In Southern Idaho the farmers have re
sumed the feeding of wheat to hogs. Wheat
prives have dropped SO cents a bushel from
the high Winter level and the farmers find It
more profitable to turn the wheat Into pork
than to sell the grain.
Beyond the sale of a good bunch of steers
at $6, there was not much doing in the cattle
trade during the day Oregon cattle are now
between feeding and grass. A good many
California grassera are commg up, but it will
be some time before such stock Is available
east of the mountains. Their advent will
mean easier cattle prices. Reports from
east of the mountains are that the grass crop
1s coming on fine. It will be somewhat
earlier than usual and promises to be abun
dant.
Receipts for the two d-ays were 163 cattle,
2369 sJjeep, 769 hogs and 2 horses.
Shippers of stock were Henry Larkln. of
Endicott, Wash., 1 car of cattle and hogs,
Henlina & Ohlinger. 8 cars of hogs from Ne
braska points; Ed Selemota of Woodland, Cal,
4 cars of sheep; HI W. King, of Or land, Cal.
4 cars of sheep; S. J, Haugh, of Marysville.
Cal., 6 cars of sheep; W W, Howard, who
drove in two horses, and Charles Brown, of
Sulsun. Cal., 6 cars of cattle.
The day's sales were as follower:
Weieht. Price.
448 lambs ..... 64 8.0O
wes .....-... 108 6.00
1 bull . 10O0 4.25
22 steers 1614 6.00
S hoRs . 300 10.10
76 hogs 188 10.50
1 steer ... 9i 6.25
3 cows . .. too 4.75
1 oow . 3HO 4.00
1 calf ........ 200 6.60
Prices quoted on the . Various classes of
stoctc at the yards yesterday were as follows:
Jieer steers. hav fed. rood to
choice S S OfNETS .S0
Peef sters. fair to medoum 6.0w?i 6.50
Cows and heifers, enod to choice 6.0 5. so
iws and heifers, fair to medium 4.25 4.75
BulU
3.o03 4.25
etass
. 5.003 6.50
Calves. Hjrht ....
6-OO-Jy 7.00
4.50 6.50
Calvtis, heavy .....
woes, too
IO.OO 1O.60
j-iocs. rair to medium
e.50tf .75
.. 6.2T.-g 5.75
Sheep, best, wethers .......... . .
Sheep. bet ewes ...............
Lambs, choice .......... .. .
.T 6.25
7.00 8.00
6-50 7.00
4.73 6.25
Iambs, fal r
Sheep, fair to good wethers....
Kastern Livestock Markets.
CHICAGO. Mav 9 Cftttle VtttmaA -re
ceipts, is.wxk Aiaricet. low vr up Beeves,
$5.808.30; Texas steers. $4.906.50; West
ern steers. S5.00ia7.00! stackers nrt feAriers
4.O0(&6.70; cows and heifers. 2.757.60;
caives. ft.W(f a.o.
Hokb Kstl mated receipts. 2.O0O. Market
stronsr. Lieut. $9.20 9.47 V ; mLxAri K9 20fS
good to choice heavy, $9.309.50; pigs, 3.80
P.H5; bulk of sales, $0.40(9.45.
tneep estimate a receipts. 12, ooo. Market.
j.uc niKnnr. in a live. i4.it; &t ihi western.
9A.no & 7. 90 ; y ear 11 nrs, 5 7.40 8. 25 ; 1 ambs,
native, i.au.j.u; western. i.ooa9.i.o.
KANSAS CITT. Mav 9. Rene!nts ROOO.
Market, 1016c higher. Native steers, $6.25
.2: cows ana heifers. 7.50: stock-
ers ana reeaers, -.uoraio.oo; hulls, $4.00
6. 50 ; calves, 3.75S' 8. 60 ; Western steers,
SO.730'7.75: Western cows. $4.00(2'6.5O.
jtiogs receipts. wuo. Market, steady to
oc niener. uuik or saies. s.((du.4(: hpuvt.
i..-uiO. .o ; pacKers ana outcners.
.o: Jiernt. sy.twaJa.ito: nies. i8.50iaiH.7K.
Sheep Receipts, 8000. Market, steady.
Muttons, 5.507.75: lambs. $7.25?r9.O0: fed
western wetners ana yearlings, fo.008.00,
iea western ewes, o.ov'3) j.zo.
OMAHA. May 9. Cattle Receipts. 2S0O.
xarnei. sieaay to ivo niftner. jsative steers,
5. 75 & T.85 : cows and heifers. 13. 75(5) ft. 76:
Western steers, $4.50(g) 7.00; cows and heif
ers. S2.7oSra-75: oanners. 52.504.25; stock
era and feeders, 3.605' 6.R0; calves, $4.00g
8.00; bulls, stags, etc.. 3.756.23.
Hops Keoelpts, 5000. Steady. Heavy, $9.20
WH.au: mixea. sy.irxa' w. iient. so.1OKt9.20-
pwrs, s.itofaw.oo: ouiK or saies. 9.lo9.20,
Sheep Receipts, 4500. Market. steady.
seaninx-s. i.i'ij 0.20; wetners, i.sota B.io
ewes. $6.007.2o; lambs. $7.508.75.
Dried Krult at Jfew York.
NEW YORK, May 9. Evaporated apples
m. fepot rancy, 10c; choice, 8 8 c ;
prime, i (& t J4 c ; common to fair, 6 (?f 6 ic-
rnines nr-m. JalirornXa up to 30-40s. 8
8c; Oregons, 4 sc.
Apricots firm. Choice. 10 10 c ; extra
choice. 10 llc; fancy, 11 12o.
Peaches Arm. Choice. 34c; extra
choice, 64(5 7c; fancy. 77c.
Raisins quiet and featureless. Loose mus
catels, 23t6c: choice to fancy seeded.
seedless, 34c; London
layers. L201.25.
STOCKS FIRM AT CLOSE
COXnDEXCE IX THE EGLISH
MAKICET IS RESTORED.
Wall-Street Opinion Is Also Favor
ably Influenced by the Goyern
ment Crop Report.
NEW YORK, Slay 9. The stock market
went through ninny variation, of speculatu
temper today and showed a feeling of hesita
tion In the retention of any of It, moods
until the firmness of the final advance.
Business in London had got well under way
before the onenlns; -here, giving; time to demon-
strate the feeling of confidence there In the
ability tl resist tbe depression of til a. Kins of
England's death. This was due partly to the
ODlnlon former over the tounday interval that
something like a truce would be edopted in the
bitter political contest being waged over leg
islative Questions affecting the British govern
ment. A postponement. It was felt, would
do. much, to bring security to the financial
markets.
Large Importance was attached to the gov.
eminent report on tne Alajr condition
wheat crops as a factor in shaping opinions.
The first reaction in stocks from the reflected
Londoa strength was due to advance fears of
a poor report. belling by w estera w
houses on that account wiped out about &U
the opening gains. Qulcs: ehanges followed
the actual publication. "
Great Importance was attached to the April
Improvement in condition reported, in view
of rhe dangerous weather conditions w-hich
have existed. The propitious planting con
dltions for Spring wheat also, as well as th
opportunity for replanting of abandoned tVIn
ter wheat ' acreage and subsequent improve
ment of the crop before harvest, inclined to
a favorable speculative view of the outlook-
lin spite at ih decrease, -of About 8.000(000
bushels in the present Indicated yield of Win
ter wneat compared with the actual crop last
year.
Contrary movements were shown in some
prominent individual stocks. St. Paul suffered
from the withholding of definite official an
nouncement of the bond sale in Parian the re
sult being to arouse a fear of hitch in the
business. Southern Pacific, on the other
hand, was aggressively strone from the re
vival of reports of an intended extra distribu
tion to stockholders of -the oil assets of the
company.
The unfavorable couoer statistics for April
had been abundantly foreseen and there was
a disposition to look on them as past in
fluences. Reports of some recent large sales
of the metal at price concessions were of more
errect. 1 he strong tone of Amalgamated
Copper was an -influence In the late rallying in
the whole market.
Bonds were irregular. Total sales. par
value. $2,001,000. United States Jxmds1 were
unchanged on call.
CLOSINX3 STOCK QUOTATIONS.
Closing
Sales. High. Low.
Hid.
34
67
451,
36i.
lOVi
61
65
33 14
Allis Chalmers pf, 10 35 35
Amal Copper . 35,700 6S CBi
Am Agricultural .. 200 451 44
Am Beet Sugar
American Can .... oo 1014 10
Am Car & Ioun. 1,500 61 S994
Am cotton oil tin 65
Am Hd Sr Lt pf. noo 3St4 3314
Am Ice Securi .. 2u0 24 i, 24Vti
24 V.
Am. Linseed! Oil.. 124?.
Am Loeomollve
S0O 49U
4'
49
Am Smelt & Kef
28,6.pO 78.
77V4
104
124
7814
103 -It
56
124
do preferred
Am Steel Fdy ..
Am Sugar Ref
Am Tel & Tel
Am Tobacco pf
Am Woolen . . . . .
4X 56 ti
400 124
oo 135f 135
10O 95 85
135
1110 35 ?i
35
35 ,
42 V
109's
lOITi
Anaconda. Alln Co,
S.lOO 42 V
41 Vi
108 5i
Atchison 14,2oO 110
do preferred
Atl Coast Line.... 4iX 124
123Vi 1231 i
Bait Ohio ...... 2,Co0 110
Bethlehem Steel .....
Brook Rao Tran 12.000 79Si
109 V,
2714
78.
Canadian Pacifio . 6.9" 189-T
Central Leather fi.tKKi 421.
186 189Vi
41Vi
00 preierred 100 106i 106ji lOSV,
Lutnu 01 i ......
Ohes & Ohio . 8.60O
Chicago A Alton ......
Chicago 3t West. 800
do oref erred 3itO
290
86--i
85 8v
..... 4
26 2i
61 61 1,
01 Vi
Chicago & N W 1,000 150 149 150t,
V.-. ja ffiiH -aui -lo.xt.v 139V? li-?
. J. k; as z 1,. 6-K
841
62 v;
2Vi
8414
Colo Fuel & Iron. S.OOO
S8
38', 4
62
13514
isva
170
40V,
79
30
28
Colo & Southern AiO
62
Consolidated Gas.. 8,600 135"ti 134
L-ra rroauots . 10 101
tel & Hudson
L & R Grande .M 2,0000
do nreferred ltio
40 Va
79
3014
47 V,
37
39
79
so 14
281-4
45 Vj
36ii,
SMstillers Securi.. ' 100
Srie .............. f h)
do 1st preferred. ,800
do 2d preferred.
61V
3Vj
148
134
63 V.
133V(,
20
65 "4
93
17V4
11 '4
General Klectric H
300 147 Vi
141
Gt Northern pf ...
Gt forthera Ore
Illinois Central
4.100 135Vi 134
300 63v, ma
Interborough Met. 3.5O0
2t
65 V4
94
17V,
"47"
20
35
20 V4
64V4
924
17 V,
46i4
20 Vi
35
"9
146
35U
00 preferred ...
Inter Harvester M
Inter-Marine pf u
4.800
8, SOO
1O0
ioo
400
800
int i'aper , , , .
Int Pump . . .
Iowa Central .n ,
K C Southern,
34
65
145 Vj
do preferred . .
Laclede Gas 200 1
Louisville & Nash 100 146
Minn Sc. St Louis. 1O0
M. St P S S M. 400
Mo. Klan & Texas. 3. 700
35 V4
34
137 Vi
42 Vi
136V4 13
do preferred -
68 VJ
Missouri Pacific .. 1,300
National Biscuit ..
69
18
7R
National Lead ... 1,400
78
29
76
Mex Nat Ry 2d pf 7O0
28
29
X 1 Central
N X. Ont &. West.
7,400 1204 HOVi 12(4
4:1V. 43 4;-,
Norfolk & vvest..
1.9dO lo3
102;,
North American
200 7214
Northern Pacific 3, 500 129T. 328
Pennsylvania ..... 14.R0O 132 131
12!)
132V4
107 V
100
39
160
People's Gas .... 300 107 Vi- 107V.
P, C C & St L... IOO 1O0 V 1O0V4
Pressed Steel Car. 100 89 39
Pullman Pal Car. ...... ..... .
Ry Steel Spring...
3814
Reading 106,700 158 15fl"4 158
xuipuDiic esteei ... tw .v. vs
do preferred ... ......
97
44V4
88
47H
30
. 72
72 V4
127 Vi
26'4
61 Va
26
32
3814
64
182
94
73
40
82
Rock Mand Co.. 14,700
45
47 li
30,
72
72
43 T4
4R
29
72 V4
71
125Vj
26
o"4
31
38 H
do preferred ...
St L & S F 2 pf. l.ono
6t L Southwestern 800
do preferred 200
Sloss-Sheffleld .... 1.2no
Southern Pacific 66. 70O ,127V,
southern Railway, l.t'io i
do preferred ... lHiO
61 Vi
S2
38
Tenn Copper . . 80O
Texas & Pacific.. 1,100
Tol. St L & West. IOO
do preferred 200
64
6.314
Union Pacific 88.30O 182 14 I8OH4
dop referred ... SOO 95 94
TJ s Realty . .
U S Rubber ..... 1.000
41
41
81
II-14
U 9 Steel ....140.700
8
do preferred . 1.200 118
117',,
XTtah Oopper .... 900 4r,
434 . 44V4
Va-Caro Chemical. 1,000
68
20
44
44
6314
6814
6S
Wabash
B"0
4. If")
20
4
300
20H
43
44
2Vi
68
20 Vi
44
4414
63
6S
3
do preferred ...
Western Md
Westinghouse U.ec
Western Union .
Wheel & L Erie..
Total sales for the day, 662.400 shares.
BONUS,
NEW YORK, May 9 Closing quotations:
TJ. S. ret. 2s reg.lOO
N. T. C. G. S14s S9Vi
do coupon ....100
North Pacific 3s-. 72
North Pacific 4s.lOO
Union Pacific 4S.101V1
Wisconsin C 4s. 00
TJ. S. 8s. reg 10214
do coupon. .. .102.14
TJ. S. new 4s reg. 114
do coupon. ... .ll4V4iJapanese 4s
9 LB
X. & R. (i. 4s. . 94
Eastern Mining Stocks.
BOSTON, May . Closing Quotations:
Allouez 41lMohawk 4
Amalgamated .. 67 14 (Nevada Consol.. 19 VJ
Am Z. L & S. .. 23Vs Nipissing Mines 9T4
Arizona Com..,. 1514 North Butte ... 3
Atlantic .. .7.. 614 North Lake .... 11
Boston Con C... 13 Old Dominion,.. 34
Boston & Corb. 11'Osceola 13814
Butte Coalition. 19
Parrott 1414
Calumet & A... 60
-Oulncv ..- . - 76
Calumet & it. . .685
Centennial . . , . 15
tShannon .. .....1014
Superior 41
Superior & Mos. 9
Superior & Pitts, 12
Tmnrak sa
Copper Range... 6514
East Butte o. . . i 14
Franklin 11
Giroux Con .... 714
U S Coal & Oil. 3514
Granby Con .... 41.
Greene Cananea. 8
U H smelting... 41
do preferred . . 49 Vi
Isle Royale .... 16
Kerr Lake ... 8514
Utah Consol ... 20 V,
Utah Copper .... 44
Winona .. ..... 8 14
Wolverine ......114
Lake Copper .. 5314
La Salle Copper. 11 14
Miami Copper... 22
LHiily Treasury Statement.
WA KRINOTON". May . The condition of
the Treasury at the beginning of business
today was as follows:
Trust Funds
Gold coin $R52041,Sfi9
Silver dollars 489,264, 000
Silver dollars of 1S90 3.740. 00
Silver certificates outstanding. .. 4$&,264,000
General f una
Standard silver dollar in gen
eral fund 2.747.2TT
Current liabilities a0,24,942
Working balance in "Treasury
office 20,444,604
In banks to credit of Treasurer
of the U. S 34,755.3S6
Subsidiary silver coin 21.5-o5.150
Minor coin 1,112,730
Total balance in general fund... 81,lL8,38o
COPPER MARKET IS TTJCVEER.
Stocks at All Points Show Xrge Increase
in April.
NEW YORK, May 9. The market for
standard copper on the New Tork Metal
Exchange today was firmer, with spot. May
and June closing at lS-OofS1 12.30c, and July
12,0512-35c. London market unchanged,
with spot Quoted at 65 12a 6d and futures
at 56 12s d. Arrivals reported at New
York today were 1740 tons; Custom-House
returns showed exports of 15S1 tons, making
4003 so far this month. The stock of mar
ketable copper of all kinds on hand at all
points in the United States on May 1, 1910.
is reported as 141,984,159 pounds, compared
with 123,824.874 pounds on April 1. Local
dealers quote Lake copper at 12.62
12.75c; electrolytic. 12.37 12.SOa and
casting at 12-10 l2.27rc
Tin quiet. Spot and May, 32-SO 33.00c ;
June, 32.8O33.05c; July, 32.8033.15.
London market closed easy, wth spot
quoted at 149 10s and futures at 150
17 6d.
Lead dull. Spot. 4.254.37c Kew
Tork; 4.15-4.20. East St. Louis. London
was higher at 12 7s 6d.
Spelter firmer. Quotations for spot de
livery at New York are more or less nom
inal, ranging from 5.05c to 5.20c. New York
Metal Exchange quotes May delivery at
5.05 5. 15c, New York; East St. Louis spot
4.90-S 5-OOC.
Iron lo-wer. at 49s 9d for Cleveland -warrants
in London. Locally Iron was quiet.
No. 1 foundry Northern, J17?17.75; No. 2
foundry rortnern. in.au'g, r.So; ro. 1
Southern and No. 1 Southern soft. $16.25
16.75.
London Wool Sales.
LONXXN, May 9. The offerings at the
wool auction sales numbered 10.180 bales
and were nearly all New Zealand cross-
breds. Medium coarse grades were in active
demand and sold at firm prices. The Amer
ican buyers purchased a few medium
grades and the home trade bought Victorian
scoured merinos.
Corvallis Sees Comet.
CORVAXXJS, Or., May 9. (Special.)
- Many spectators were out viewing
Halley's comet between 3 and 4 A. M.
this morning. The comet was very
distinctly visible and seemed quite
.neax,. compared with other planets
SHOWING IS BETTER
Condition of Winter Wheat
Improved in April.
BUT UNDER THE AVERAGE
Good Gains Are Made' in the Pacific
Coast States According to the
Government Crop
Report.
WASHINGTON", Mav . The average con
dition of Winter wheat on May 1, accord
ing to the crop reporting: board of the De
partment of Agriculture, was 82.1, compared
with 80.8 on April 1, 83.6 on May 1. 1909,
and 86.7 the average for the past- ten years
on May 1.
The area, of Winter wheat to oe harvested
was about 29,044.000 acres, or 714,000 acres
(2.5 per cent) more than the area harvested
in 1909, and 4,439,000 acres (13.3 per cent)
less than the area sown last Fall (31,013,
000 acres.)
The details- of Pacific Winter wheat states
follow;
Acres Con- Ten
P. C. remaining to dltlon Yr.
States ab'nd'd. be h'vesfd. 1910. Ava.
Idaho 4.o " S45.O00 S8 85
California ......5.0 1,088,000 9 4 . 84
Oregon t ft 467,000 95 93
Washington . . .8.2 67,630 95 92
Oi Spring: plowing-, vv. o per cent was com
pleted May 1, compared with a ton-year
average of 66, and 65 per cent of Spring
planting was completed, compared with 51.9
last year and 54.7 in 1908.
The average condition of rye was 91.3,
compared with 93.3 on April 1, 88.1 on May
1, 1109, and 89.4 the average for the past
ten years on May 1.
Conditions In the rye states ana as fol
lows: Ten-Yr.
States 1910, Avg.
Idaho .....99 97
California ......95 86
Oregon 97 96
Washington ; 97 96
The average condition of meadow lands
on May 1, 89.80 compares with a ten-year
average of 81.8, and of pastures was 89. 3,
compared with a ten-year average of 87.6.
CHICAGO SPECULATORS ARE IX)OLED.
Looked for a Bullish Instead of a Bearish
Crop Reprt.
CHICAGO, May . Wheat speculators
were badly fooled todaj' in their guesses
regarding the Government crop report. The
crowd in general expected a more bullish
percentage. Attention, was chiefly centered
on the zigures as to condition, 82, which
were a radical surprise. It was supposed
the April condition, bu.8, would-be lowered,
not raised. A break: pf 2c from the top price
on the September option ensued, but the
close was steady at a net loss of lc. May
suffered only He Corn finished up to
Vc down, oats closed g c lower and pro
visions 2Vs&Gc to SOc higher.
Until the publication of the Government
report, wheat ranged in a narrow trend, ex
cept May, wbich, on covering by shorta,
reached the highest price this season,
$1.164. The Government crop report, how
ever, overbalanced all else as a I actor and
caused many who were early buyers to turn
sellers. In fact, tbe pit, almost to a man,
seemed bent on pounalng down prices. The
present indicated crop report was figured
at 417,000.000 bushels, against 404.0u0,0o0
indicated in May last year. The September
option sold between ? 1.01 1.03Vsh closing
at l.oi?4L0114.
Leading shorts bought May corn steadily
all day. Some of the casn. grain Concerns
sold other months, mainly July. The
shrinkage in local stocks all attracted much
attention. Cash corn was firm. No. 2 yel
low sold at 62 W-i&j 63-4 c Futures closed
steady, but He lower for September, at
Because of almost uniformly favorable
crop reports, prices for eats sagged a trifle.
Transactions were light. September had
less range and closed easy; at the bottom
38c
' In provisions, pork closed 27 o to 80a
higher, lard 25o and ribs 7i to lOu
higher.
The leading; futures ranged aa follows:
WHEAT.
Open. High. TLrOW. Close.
May.
July...
Sept. .
ai.iti 91.16 1.14 91.14
1.05 1.06 - 1.0ST 1-04
1.03 1.03ft 1.013 1.01
CORK.
.61 .61 .60 .61
.62 .63 .62, .62Va
.64 .644 3-S .633
OATS.
.42 .42 .42 .42
.42 .40 -4t ,40 V
.3- .39 .38 .38
MESS PORK.
22.80 22.87 22.40 22.62
2.80 22.90 22.50 22.67
May ,
July.
Sept. .
Mar...
July. .
Sept.
July.
Sept. . .
LARD. -
12.72 12.75 12.65 12.70
12.72 V, 12.75 12.53 12. SO
SHORT RIBS.
12.65 12.65 12.47H 12.47H
12.5214 . 12.57V4 12.421 12.42 i,
July....
Sept. .
July.
Sept.
Casn quotations were as follows:
Floui Higher.
Spring patents, $6.2S6.45 for best hard.
Rye No. 2, 780c
Barley Feed or mixing. 4653c; fair to
choice malting, 58 63c.
Flaxseed No. 1 Southwestern, 12.30; No.
1 Northwestern. i.40.
Timothy seed $4.25.
Clover $1.12.
Pork Mess, per barrel. $22.75 23.
I.ard Per 100 pounds, $13.10.
Short ribs Sides (loose), 12.50(12.S7i.
ides Short, clear tboxed. $13.5U &13.7a.
;rftin statistics:
Total clearances of "Wheat and flour were
equal to 327,000 bushels. Primary receipts
were ttSl.vuu dushuib, cumpureu wiui o . u .
000 bushels the corresponding day a year
ago. ine vistDie supply oi wneat in ua
United States decreased 1,644,000 bushels
for the weeK. xne amount ot oreaastun: on
ocean rjassasr. decreased 104.000 bushels.
Estimated receipts for tomorrow: Wheat. 24
cars; corn. 117 cars; oats, 1S4 cars; hogs.
1 . nnn head.
Receipts. Shipment.
Flour, barrels 1S.300 13,400
Wheat, bushels ......... a.ou. :,
rwx. bushels 8.20O 131.300
Oats, bushels .608,800 209.100
Rye, ousnieis u. ....... u. - ' J .vvu
Barley, bushels ........ 60,20 0 9,300
Grain and Produce at Sew York.
JCEW TORK, May . Flour was quiet and
steady. Receipts, 17,715 barrels; shipments,
5363 barrels.
Wheat Spot dull. No. 2 red, $1.16 c L
f., nominal; No. 1 Northern. Jl-20 9i opening
navigation. Wheat declined sharply on the
Government report and under liquidation by
soeculative longs and favorable crop ad
vices, dosing at llo net declines. May
closed $1.17; Jnily, $1.11H. and September,
$1.08. ,
Hops Dull.
Hides Firm.
Petroleum and wool Steady.
Grain at Ban Francisco.
SAN' FRANCISCO, May 9. Wheat.
ntQilv Tiarlev firm.
Spot quotations Wheat, shipping. $1.62H
Barley Feed, Jl4MXSl.aaH ; brewlngt
Si 12 v, ef l is.
Oats Red, $1.2517!; -white, $1.50
1-Ao: black, nominal.
Call board Bales Wheat, December,
asked.
Barley December, $1.08 bid, $1.09 esked.
Corn Large yellow, 1.7(J01.ij.
Visible Supply of Grain.
NEW YORK, May 9. The visible supply
of grain, as complied by the Iww lork Pro
duce tExchange for the -week endmg May
7, Is as follows:
Bushels. Decrease.
Corn 9.300,000 1.302.000
Oats. ....... ....... .-..-8,113.000 1,105.000
'Rye . ... 685.0OO 45,000
Barley ..........2.154,000 297,000
Canadian wheat -.7.143,000 202,000
Minneapolis Grain Market.
MINNEAPOLIS, May 9. Wheat May,
$1.10; July, il.ltt September, $1.014
Cash: No. 1 Northern, $1.121.1; No. 2
$l10l.lltt : No- 3. 1.01.0li.
Flax Closed at $3.35.
Corn No- yellow, 55SHc.
Oats No. I white. 40H.41 c.
Rye No. 2. 7O073HC.
Coffee and Sugar.
NEW TORK. May . Coffee futures
closed steady at . net loss of 5T points.
Sales were reporrea oi ii.tiu ones, lnclud
ing 700 bags of exchanges. Closing bids,
Mav. June and July, .4c : Ausrust.
0.40c: September, to-iOc; October and Xo-
Bonds
Investments
Timber Lands
McGraih & Nenhansen Co.
701-2-344 Lewis BUg.
PORTLAND,
OREGON
ve-mber. 6-55c; December, .60e; January.
6.(3a r ehruary. tt.o4c; aiarca, .tc; April,
O.tifto. Soot coffea oulet, Rio No. 7. 6c;
pantos No. 4. 9f4c 3Aild coffee quiet. Cor
dova. 9(P13t
J5U?Ar Kaw, nrm: AiascovaaD, tesr,
.80c; centrifugal, .96 test, 4.30o; molasses
sugar. .69 test. 3.55c; refined steady.
6 ROWERS WELC 0 M E R Al N
SAVES-THE BERRY CROP IX THE
XORTHERX STATE-
Seattle Market Well Supplied East-
era Eggs Are a Drug
Is Weak,
Cheese
SEATTLE, "tt'ash.. May ft. (Special.)
Klve "carloads of strawberries were available
for the local trade today. On the whole tne
berries were in better condition than the
buik of last week's receipts. A large num
ber of Kennewtck berries arrived and sold
as Idw as $4.50. The rain this afternoon
was welcomed by berry "growers who had
commenced to fear that the crop would dry
tip before reaching maturity.
Asparagus was a little easier, with $1.50
the top. A, car of Florida celery arrived.
Butter was steady. It was reportea mas
Portland Jobbers are to advance prices to
prevent the movement of Oregon butter to
Sound markets, where considerable of it has
already teen stored.
Eastern eggs were a arup on ine mantcu
Cheese was weak. Poultry was in better
supply, but steady.
There were no changes in grain, aunguga
the wheat market was firm.
SAX KKAXCISCO QrOTATIOXS.
Produce IPriees Current in the Bay City
Markets.
SAN FRAKCI9CO, May 9. Thefollowing
RAN FRANCISCO. May 7. The following
prices were current In the produce markets
today:
Butter Fancy creamery, 'Zoc ; creamery
seconds, 24 o; fancy dairy, 23 c
Cheese isew, i$piift c; young America,
Eggs Store. 23c; rancy ran en, 4c.
Poultry Roosters, old, $5C; roosters.
young, S 11; broilers, small, $2.303.o0;
broilers, large. $4 ( 4.ou; iryers. 97.oug8;
hens. $5.5012; ducks, old. 07; ducks,
young, $8:9.
Vegetable Hothouse cucumbers, Mc$l;
garlic, 53(&5; green peas, $1.251.50; string
beans, 4 &)cic; asparagus, i (&i 1.70; toma
toes, $1.504: eggplant, lO20c
Fruit Apples, choice, ; apples, com
mon. SOe(g' $1 ; bananas, 75c $3.30; Mexican
limes, $5.50 6; California lemons, $1.2ote4 :
oranges, navels, $1.253; pineapples, $3.50(9
$.50.
Fotatoes saunas surDanKB, J-ioffipi.25:
sweets, 3 S 3 c ; Oregon Burbanks. 9c $ 1.
Mill stuffs Bran, 3 Ji ; middlings, $30
CS32.
Hay wneat. iiswis.w: wneat ana oats.
$1115; alfalfa, $8 fill; stock, $79: straw.
per bale, 40tioc.
Hops California crop, Uf&lftc
Receipts Flour. 157S sacks: wheat. 2S
centals; barley, 7210 centals; oats, 10 cen
tals: beans. 2421 sacks: potatoes. 3070 sacks-
bran, ltJ3 sacks; middlings, 315 sacks; hay.
TUO ions; woot, Daiea; niaes, i&u.
ASSIGNMENTS ARE MADE
Conference of Evangelical Associa
tion Closes at Monmouth.
MONMOUTH, Or.. May 9. (Special.)
The annual session of the Oregon
Conference of the Evangelical Associa
tion ended Sunday with two sermons
by Bishop Horn. Following- is the list
of the ministerial assignments for the
ensuing year. Including reappoint
ments: Portland District Rev. Hornschuch,
presiding elder; Little Falls, Rev. W. A.
Gueffray; Portland First German, F.
Benz; First English, F. B. Ouliver; Me
morial. M. "Hvfr"linsr: North Portland.
Marry property owners
KNOW NOW
many" "will- learn, that
BITUUTHIC
Pavement lias mora sta
bility, more real value
than, any other hard-surface
pavement laid.
PORTLAND,
SEATTLE, SPOKAITE,
TACOMA.
Dowuing-Hopldns Co.
BROKERS
Established 1883.
Stocks Private
GraJa. Wires
801-2-3-4 Conch Bids.
TRAVELERS GUIDE.
HONOLULU
And Hack (First Class)
by Dajs from S. f .
$110
The splendid twin screw steamer SIERRA
lO.00O tons displacement) sails March 20,
April 16, May 7 and every 21 days. Round
trip tickets good lour months. Honolulu,
the most attractive spot on entire world
tour. BOOK NOW and secure best bertha
LINE TO TAHITI AND NEW ZEALAND.
S. S. Mariposa and Union Line, sailings
April 15. May 21. June 29. etc. Tahiti and
back (24 days). $125 first class. New Zea
land WelUnKlon). $246.25 first class. R. T.
six months.
OCEA'IC S. S. CO..
673- Market Street. Ban, .Francisco,
"Write us for information and prices on
LISTED OIL STOCKS
We are able to notnt out some splendid
buy ins opportunities. Among the best
ouys now are
AMERICAN PETROLEUM COMMON
LU'G NOW AROUND 15.00.
The American Petroleum Company.
the officers and directors of which are
such prominent California oil men as E.
L. Doheney. President; J. C. Anderson.
First Vice-President, and T. A. O'Don
nell and Norman Bridge, Secretary and
Treasurer, is one of the most remark
able of the large California OH Com
panies.
Not Quite two years old. the net earn
ings of this Company are sufficient to
pay 12 per cent on its outstanding
stock, beinjf substantially $100,000 per
month during the latter part of lt0ik.
The net earnings for 1JU0 will be $120,
000 monthly. There is no prospect of
this growing less since the number of
producing wells Is increasing each
month. They hare 28 producing wells
at Coallnga and are drilling 14 more at
the present time. This stock is lifted
on the California Stock and Oil Ex
change at San Francisco, and the Los
Angeles Stock Exchange, and prices now
range between 70 and $75 per share.
An investment at these figures shows
a yield of about 16 per cent. Further
development of their immense acreage
should, materially increase this dividend
rate.
C0ALINGA CENTRAL
SELUXU NOW AROUND 53c
The Coalinga Central is officered by
some of the best men in California, with
E. S. S-t. Clair as President; R. J. White,
Vice-President: K. C. St. Cladr, Secre
tary: Kern Valley Bank. Treasurer, and
R. McDonald and Captain J. K. Lucey
also on the directory. Have one-sixth
royalty lease on 120 acres of the choicest
oil producing land in the Coalinga field.
Two wells producing, two wells drilling
and seven additional wells arrangea lor
Should betrin to tlv 1 per cent per
month dividends this Fall and property
can earn 5 per cent per month divi
dends on par when developed. Stock
listed on California Stock and Oil Ex
change at San Francisco and Los An
geles Stuck Exchange, Los Anireles.
Very active Just now at prices
around 55c par one dollar. This Com
pany is conservatively capitalized and
this stock seems certain to pay splendid
dividends, and also has great specula
tive value and very much higher prices
are looked for.
Full detailed information regarding
either of these stocks with maps, photos,
etc.. will be furnished free to anyone
calling at our office or sending in the
below coupon. In writing please state
which stock you desire information
about.
COTPOX.
Pacific States Guaranty Land Co.. B01
First National Hank bldg, San Fran
cisco. 5entlemen -Please send me, free of
ooBt. information regaixilnfr stocks re
ferred to above, also free copies of mag
azine "Oil Securities," for six months
all this without any obligation whatever
on my part.
Name
Street and No .
City
G. Stocker; Lents, J. A. Goode; Mil
waukee. E. Radabaugh; Oregon. City,
F. Wlevesick. Salem, Liberty street,
G. F. Liening-; Chemeketa street, F. M.
Fisher. Albany. H. R, Gell. Chehalem,
H. Albright. Monmouth, L. C. Hoover.
Jeffer&on. W. E. Simpson. Fruitland, G.
W. Plumer. Tigrardvllle, S. Conklin.
Yacfuina, L. K. GeiL Veronia, E. Muns
oer. Hood River, Sweet Home, and
Dufur Mission to be supplied. Puget
Sound district. Rev. N. Shupp, presiding
elder; Seattle, First Church. S. A. Sie
wert; Grace Church, E. G- Hornschuch.
Tacoma, F. R. Hornschuch. Everett, to
be supplied.
The territoy included in this confer
ence is the entire state of Oregon and
the western half of Washington.
Salem Favors Highway
SALEM, Or., May 9. (Special.) The
Salem Board of Trade has passed a
resolution urging the Oregon delega
tion in Congress to use Jts best ef
forts to secure at this session an ap
propriation to help build the Crater
Lake hiprhway.
TRAVELERS GUIDE.
COOL SUMMER CRUISES
VIA SMOOTH "INSIDE PASSAGE"
Only Seven Cruises; Number of Passengers
Limited; Best Reserve Berth Quickly.
PARE SIOO A IN D UPWARDS
INCLUDING BERTH AND MEALS
lr Writ, for folder containing larsw picture
of fumuMUlK GLACIER, free. Address
"TICKET AGENT," PACIFIC COAST S. S. CO.
249 WASHINGTON ST. PORTLAND
L
Canadian Pacific
Less Than Four Days at Sea
Weekly Sailing Between Montreal,
Quebec and Liverpool.
Two days on tbe beautiful St. Lawrence
Klver and the shortest ocean route to Eu
rope. Nothing; better on the Atlantic than our
Empresses. Wireless on all steamers.
Flrst-closss S.80. second C51.2S. one clase
cabin $47.00.
Ask any ticket agent, or write for sail
Insrs, rates and booklet, F, R. Johnson. Gen.
eral Agent. 143 Third St.. Portland. Or.
SCANDINAVIAN-AMERICAN LINE
10,000 Ton Twin-Screw Passenger
Steamer a Direct to
Norway, Sweden and Denmark
Hellig Olav.-.May 26IUnltei States. June 23
Oscar II June HHelllg Olav. ...July a
C. F. Tietgen. June ItiiOacar II June 21
All Steamers equipped with Wireless
First cabin. S75 upward: second. $60.
A. E. JOHNSON & CO.. 14 Washington Ave.,
South Minneapolis. Minn., or Local Agents.
Columbia River, Port
land and Astoria Route
8teamr HaseaJo leaves Portland, flr.
except Saturday, at 8 P. M-; returning,
leaves Astoria daily, except Sunday, at
7 :00 A. M. Tickets interchangeable with
steamer "Lurlina." which leaves Astoria
dally, except Sunday, at 7:00 P. M.
San Francisco and Los Anoeles Direct
North Pacific S. 8. Oo.'s steamships
Roanoke and Elder sail alternately evexy
Tuesday at 8 P. M.
S.S. Santa Clara sails for ETureka and
San Francisco March 26, April 9. 23. May 7.
21. at 4 P. M-. from Martin's Dock, foot of
17th st. Ticket office 132 8d st. Phones M.
1314: A 1314. H- YOCXQ. Agent.
SAN PTtAlfCISCO & PORTLAND STEAM
SHIP COMPANY.
Only direct steamers and daylight sailings.
From Alnsworth dock. Portland. 9 A. M-i
PS. Bear, May 14, 28, etc.
8.S. Km City, May 21, June 4.
From Pier 40, San Francisco, 11 A. M-t
SS. Rose City, May 14. 88.
SS. Bear, May 2L, June 4.
HABRI G. SMITH, C. T A.. 14a Third-St.
Main 402, A 1402.
J. W. RANSOM, Dock Agent,
Alnsworth Dock. Main 208. A 1234.
COOS BAY LINE
6-DAY SERVICE.
Stfatner Breakwater leaves Portland 9 A.
M May 4. 9. 14, 19. 24. 29 and every five
days, from Alnsworth Dock, for North Bend.
Mcrshfleld and Coos Bay points. Freight
received until 5 P- M. dally. Passenger fare,
first-class $10: second-class, $7, Including;
berth and meals. Inquire City Ticket Office.
3d and Washington ml., or Ainswoxiajtock.
Main 268.
ALASKA