TITE MORNING OREGONIAN, vxVNESDAY, MAY 18, 1910.
1U
OUTLQOKNOTGLEAB
Wool Men Uncertain as
Future of Market.
to
IDAHO SALES A FAILURE
Interest v Centers on the Opening
Oregon Sales, tlie First of Which
Will Be Held at Pendle- .
ton Tuesday.
The .situation In the wool market ti made
more uncertain than ever by the Idaho sales
day fiasco. It was hoped that some kind of
a price bai would be efta.blihed. or at least
an understanding reached by which the buyers
and sellers In this state could net together,
but the fall-urs to agree at the opening Idaho
sale leaves the outlook as dim at ever. In
trade circles little surprise was occasioned by
the withdrawals at Mountain Home, as It was
certain the bids would be much lower than
th growers would like.
Interest has been transferred now to the
opening Oregon sales, the first of which will
be held at Pendleton next Tuesday. The
niters will no doubt be similar to those made
in Idaho, but whether or not they will be
acceptable to the sellers remains to be seen.
The Idaho and the Oregon growers have not
worked along the same lines In the past,
though they all had the same object in view.
to get the highest prices for their wool. The
Idaho growers, however, have been partial to
the Chicago waretoouse scheme, and it Is said
that some of them still have their last year's
clip unsold in Chicago. In this state the
Chicago idea has not had many followers, the
growers preferring to sell outright to the rep
resentatives of the Eastern dealers, either at
the sealed bid sales or at private sale.
Conditions this year, though, are different,
and In view of the unsettled state of the mar
ket and the low prices current. It may be
t hat a considerable q uan t ity of Oregon wool
will be consigned to the Boston market.
Fibre and Fabric, of Boston, In reviewing
the situation In the Eastern market, eays:
For a between season period the wool market
not especially quiet, nor are prices for
good wool seriously declining from the ne
levels reached last week. Some dealers are
cleaning house, to be .mire, at a scale of prices
that would have seemed impossible three
months ago, but these cases are not general
by any luean, as not a few buyers bare found
to be the case when they have tried to carry
off lots of real good wool they have bad their
eyes on for some weeks past.
On delaines and on some grades of Oregon
. woo. prices -have been wry substantially cut.
but there is a lot of good wool yet in the
market and its owners propose to take chances
ami carry It over into the new clip year.
Pmbably the wool-buyers have never before
tw-n wo "fussy" about their nurchases as dur
ing the past four months of high prices pre
vious to the decline, and a whole lot of the
wool that has been selling during the last
tlire weks Is what was left after several
culling by shrewd buyers who took the cream
at their early purchases.
OREtiON WOOL SALKS AT BOSTON,
Demand Is Heavy, but Prices 'Favor ths
Buyer.
BOSTON, May IT. There Is a distinctly
better tone to the local wool market. Buyers
are showing marked Interest and soma heavy
buips are reported.
The heaviest demand is for staple wools, with
Oregon and Montana leading the sales. There
Is also considerable Inquiry for Ohio delaine
and medium fleeces.
Prices for old wool favor the buyer, but ad
vices from the West are to the affect that the
growers are holding for high values. Some of
tne new ci.p, mostly on consignment, has been
received. Quotations, scoured basis:
California Northern, 675ftc; middle county.
&2(t64c; Fall free, 48 50c; Fall defective, 36
owe.
Oregon Eastern No. 1 Maple. 62'063c: East
ern clothing, (V&f-5&c: Valley, No. 1, MQWSc.
Territory Fir staple, 6465c; fine medium
staple 62(&63c: fine clothing, 60ff;62c; fine me
dium clothing, 66g'58c; half-blood, 67fftf8c;
three-eighths-blood, CSWc; quarter-blood
combing, 2S 54c.
Tuiied Extra. 68c; fine A, 0H?2c; A su
pers, 675Sc.
as compared with, the same month last year.
Kor the, first four months of 1910 the In
crease over the corresponding period last
year has been about 1,700,000 barrels.
Brewers expect the total production this
year to be 63,000,000 barrels. The output in
lt09 was 57.023,810 barrels, in 1908, 56.-
885,565 barrels, and in 1907, 60,110,590 barrels.
In spite of the Increased activity In the
brewery trade, there has been no improve
ment yet in the hop market. The effect.
however, will without doubt, be felt later,
when the depletion of the brewers reserve
stocks of old hops becomes manifest.
Somewhat of & depressing effect has been
caused by the circulation of reports that cer
tain dealers are offering 1910 hops to brew
ers at 15 oents delivered, and even less, but
in well-informed quarters it la declared that
no such offers have actually been made, and
that 17 cents delivered is the lowest bona
fide offer that has been made to any of the
leading brewers.
SHEEP PRICES OFF
Local Market Breaks Under
Heavy Receipts.
DOLLAR DROP ALL AROUND
views. The report of deficient temperature,
contained In the Weather Bureau's weekly
bulletin was supplemented by forecast, of fur
ther frosts tonight in regions where both the
cotton and grain crops would be affected. The
strength of the wheat market In face of con
siderable speculative liquidation was remarked.
Bonds were heavy. Total sales, par value.
1.638.ooo. United States bands were un
changed on call.
i CLOSING STOCK QUOTATIONS.
Closing
- Sale.- Hlrh. Low. Hid.
Allia Chalmers pf. - . ...... .....
Ami Copper 20,700 71 70
Ant Agricultural
201) 37 V, 37
2i0 4 T4
40 1 i 61 Vi
IOO &'t 4 63 Vj
200 H3-.S 33
100 25i 2oV4
100 14 14
3i . 4914 4H
49.000 78T 7!i
Fair Demand for Poultry.
There, was a fair demand, for poultry and
a sufficient supply. Hens ranged in 'price
from 18 to 20 cents and broiler, were quoted
at 2T to 30 cents. .
But little interest was shown in the gg
market.
Butter and cheese were firm at last prices.
Bank Clearings..
Bank clearings of the Northwestern cities
yesterday were as follows:
' Clearinpfn.
Portland . i ...........
Seattle l.sJ,M7
Tacoma K19.4-"-!
Spokane 762.057
Balances.
244.618
2S5.R7
B2,l2
45,U2u
rOKTLAXD MARKETS-
Dairy and Country Produce.
BUTTER City creamery, extras, 28c;
fancy outside ciamery, 26h?27c per pound;
tore, 20c Butter fat prices average lVo
per pound under regular butter prices.)
EOGS Fresh Oregon ranch. 2324o per
dozen. m
CHEESE Full cream twins, 16OltiV0
per pound; young America. 17017HC.
PORK Fancy, l2l2Vio per pound. .
VEAL, Fancy, lO&lOc per pound.
LAMBS Fency, 8&llc per pound.
POULTRY Hens, 182Uo; broilers, 27 19
SOc; ducks, IS to 23c; geese. 12 14 c; turkeys,
live. 20 22c: dressed, 25c; squabs, (3 per
dozen.
Grain. Floor, Feed, Ktc.
WHEAT Track prices: Bluestem, 87 0
69c; club, 83 84c; red Russian. 80S2c;
Valley, 67c.
BARLEY Feed and brewing, 2223 per
ton.
FLOUR Patents, $5.68 per barrel;
straights, 14.80c S.15; export, S4; Valley.
SS.50; graham, VS. 10; whole wheat, quarters,
15.80.
CORN Whole, 1 33 '..cracked. JS4 per ton.
HAY Track prices: Timothy, Willamette
Valley, S20cjf21 per ton; Eastern Oregon,
$22 25; alfalfa, 116.60& 17. 60; grain "bay.
$17018.
MILLSTUFFS Bran. $20 per ton; mid
dlings, $30; shorts, 2122; rolled barley,
$2j.5020.50.
OATS No. 1 white, $26 27 per ton.
Vegetables and Fruits.
FRESH FRUITS Strawberries, Oregon.
Jl. 75 2.50 per crate; California, 60cij$l
per c.ate; apples, $1.50 3 per box; cherries,
$11.&4 per box; gooseberries, til7c per
pound.
POTATOES Carload buying prices: Ore
gon, 400 SOc per hundred; new California.
2&3c per pound; sweet potatoes, 4c
VEGETABLES Artichokes, 600750 per
dozen; asparagus, $l$jpl.25 per box; beans.
10c per pound; cabbage, 3ic pound;
celery, $3.5004 crate; cucumbers. 1.30
2 per dozen; bead lettuce. SOgySOo per
dozen; hothouse lettuce, o0c$l per box;
garlic, 10&124O pound; horseradish, H&
10c per pound; green onions, 15o per
dozen; peas, 3 04c; peppers, $5 per crate;
radishes, 154&2UC per dozen; rhubarb, 29
per pound; spinach,- c&lOc per pouaa;
squash, $1.60 per crate; tomatoes, $3. BO per
box.
TROPICAL FRUITS Oranges. $2.25 O
Z; lemons, $4B.60; grapefruit. $2.26 6 per
box; bananas, fio per pound; tangerines.
IL75 per box.
ONIONS Oregon $2 per hundred: Ber
muda, $1.B0&1.7 per crate; red, $1.75 per
sack.
SACK VEGETABLES Rutabagas, $1.25
O150; carrots. 8icil; beets. $1.00; pars
nips. 76c (tf$L.
Wool at St. Louis.
ST. LOUIS. May 17. Wool Steady; ter
ritory and Western mediums. 18 23c; fine,
mediums, 1720o fine. 12 15c
ALL LINKS OF GRAIN ARE SLOW.
Government Order for Hay Goes to Califor
nia and Kansas.
Trading in all departments of the grain
market was very slack yesterday. The un
dertone of the wheat market was weak.
Barley and oats were unchanged.
The War Department will give California
hay a trial in the Philippines, and one-half
of the 4000-ton contract has been awarded
to Scott. Magner & Miller, of San Fran
cisco. Kansas got the other 2000 tons, its
bid being the lowest. This favorable ac
tion of the department is the result of en
terprise on the part of the California deal
ers. Army authorities in the Philippines
had placed the ban on California hay, alleg
ing that it was of Inferior quality. The San
Franciscans m thereupon, of their own initia
tive, sent a shipment to the Philippines and
hae otherwise campaigned, with the result
that the Government has placed the large
order at an Francisco.
Local receipts, in- cars, were reported by
the Merchants Exchange as follows:
Wheat Barley Flour Oats
Monday ...... IS 4 7
Tuesday 8 1 4
Year ago 2 - 2 11
Season to date 9718 12(J8 2024
Year ago 1044(1 1524 1505
. 4
4
2
1801
823
Hay
IS
7
5
24PG
2503
Furs. ,
FURS Prloes paid for prime No. 1 skins:
Mink, Northwest Canada and Alaska, $8 0
10; Colorado, Wyoming, Montax:a. Idaho and
California, $5 0 7.50; British Columbia and
Alaska Coast, $8 010; Oregon, Washington,
Idaho and Montana, $7. Lynx. Alaska and
British Columbia, $35; Pacific Coast, $28.
Racooon, $101.50. Skunk. Canada, $2.00;
Pacific Coast $10 2. Wolf and coyofe, Can
ada, $500; Idaho, Montana, Wyoming, Ne
vada, $1.600 3. Beaver, Oregon, Washing
ton, Canada, Alaska, $5.5007; Idaho, Mon
tana, $10; Utah, Wyoming. $6.60 07; cubs,
$20 2.50. Otter, Canada. Alaska, $12.50014;
Oregon, Washington. Alaska, . Canada, Brit
ish Columbia. $304.5O; Paclfio Coast, $1.75
to 2.50. Gray fox. Pacific Coast. $1.5002.
bear, black and brown, Alaska, Canada, $16
020; cubs. $12015; Pacific Coast, $10015
cubs, $50 7; grizzly, perfect. $25 0 35. Bad
ger. $2. Muskrat, Canada, Alaska, 80c; Pa
cific Coast. 30 0 00c. Fisher, British Colum
bia, Alaska, $15020; Pacific Coast. $015.
Wolverine, 0S. silver fox. $3000500.
Cross fox, $10015. Sea otter, $2000450.
Blue fox, $8010. White fox, $12020. Swift
fox, 40c Ermine, 60c. Mountain lion, $60
10. Ringtail cat, 25076c. Civet cat. 10 0
BOo. House cat, D0Z3C
OATS SELLING LOWER
WASHINGTON HOLDERS CLEAN
UP AT $28 A TON.
Cattle Also Weaker, but Decline Is
Less Marked Hogs Are Fairly
Steady Sale of Dairy
Cows.
There was a decided slump la the sheep
market yesterday. Values have been weak
ening steadily for several days past, and yes
terday, when a big bunch came In, the mar
ket broke badly. Price on sheep and lambs
are down fully $1 a hundred from the range
of 24 bourn ago. The first sale made yes
terday was a lot of 268 sheep at $4.75, but
the price realised on the next bunch was
$4.50. Two lots of lam be were sold In the
forenoon at $7, but the course of the market
was plainly shown in the late afternoon, when
a bunch of 331 head went at $3.
In cattle of all kinds the same easy ten
dency was noted, but the decline waa not ae
marked. A. small load of calves were dis
used of at $0.90. No steers were sold, but
the best price quoted on them was $6.15. The
hog market holds about steady.
Seventy-two head of dairy cattle were sold
in the afternoon by the Mokel-Bruce Com
pany at $50 a head.
Receipts for the day were 42 cattle, 37
calves and 2456 sheep. .
Shippers of stock were L. EI. West, of Oak
land, Or., five cars sheep and calves.; Louis
Burke, of Roseburg, two cars sheep; George
Kohlhagen, of Roseburg, four cars sheep; R.
A. Campbell, of Sheridan, one car of cattle
and sheep; J. T. Alby, of Dllley. one car of
cattle and calves; John Shepherd, of Roose
velt, Wash., two cars of sheep, and F. G.
Smith,- of Grand Dalles, Wash., one . car of
sheep.
Weight. Price
1R2 lambs 06. $7.O0
11 Jamhs 7.00
331 lambs 56
2tM sheep .. ." .100
2:-iy sheep v
calves lt3
72 dairy cows. Der head
Prices Quoted on the various classes of
stock at the yards yesterday were as fol
lows: Beef steers, hay fed. good to
choice $ .00ff$ 6.15
Beer steers, fair to medium... 5.000
Cows and heifers, good to
choice 5.00 0
cows ana heirers, lair to me
alum
Bulls ,
Stags
Calves, light
6.00
4.73
4.50
tt.OO
50.00
5. 50
5.15
Calves, heavy
Hogs, top
Hogs. lair to medium........
Sheep, best wethers
Sheep, fair to good wethers.
Shep, best ewes...;....-....
Lambs, choice ...............
Lambs, fair
4.75
4.25
5.00
7.00
5.50
4.25 f
3.50(8
4.50 (ft)
6.00 0
4.50
10.00 0 10.55
9.25 n 9.55
4.60lg
4.00fi
R.50 0
6.00'a1
6.500
4
4.50
4.00
7.00
6.00
Eastern Livestock Markets.
CHICAGO, May 17. Cattle Receipts,
2500. Market, slow; . beeves. $5.7008.60;
Texas steers, $5.00 0 6.40; Western steers.
$5.10 0 7.25; stockers and feeders. $4.OO0
6.(5; cows and heifers, $2.8007.35; calves,
$5.507.75.
Hogs Receipts. 12.000. Market, 510c
higher; light. 9.409.75: mixed. $9.35
9.75; heavy, $9.359.75; rough, $9.3506.50;
good to choice, . heavy. $9.5039.75: pigs,
$9.1009.60; bulk of sales, $9.0009.70.
Sheep Receipts, 12,000. Market, weak;
native, $4.0007.10; Western, $4.007.10;
yearlings, io.750M.5O; lambs, native, $0,000
8.00; Western, $7.0009.10. 1
OMAHA, May 17. Cattle Receipts, 48OO.
Market, steady; native steers. $5.8507.85;
cows and heifers, $3.8006.80; Western
steers, $3.7507.00; cows and heifers, $2.75
&o.ii; canners. )2.ouq4.uu; stockers and
feeders, $3.7506.50; calves, $4.0007.50;
bulls, stags, etc., $4.0006.30.
Hogs Receipts, 9800. Market, B10c
nigher; heavy, $9.8009.46; mixed, $9,350
9.40; light. $9.3009.45; pigs, $8.00 0 9.00;
bulk of sales, $9.35 0 9.40.
Sheep Receipts, 3500. Market, strong to
xvc nig-ner; yearlings, l(.uu7.73; wethers,
$6.2507.25; ewes, $5.2506.25; lambs; $7,750
8.75. .
KANSAS CITY. May 17. Cattle Re
ceipts, 5000. Market, 6010c higher; native
steers. so.za(a-B.3U: cows and heifers. s;i.50t
7.25; stockers and feeders, $4.0006.10; bulls.
$4.2506.35; calves, $3.7507.25; Western
steers, fo.oo0a.uo; western cows, $4,000
O.ilV.
Hogs-Recelpts, 11,000. Market. 10c high
er; bulk of salves, $9.3509.50; heavy, $9.50
W o J , packers ana outcners, su.4O09.5O;
"Km, ..otix'u.ou; pigs, 9a. aQ)U.l)U.
Sheep Receipts, 7000. Market, steady;
muttons, $5.25 0 7.25; lambs, $7.2508.75; fed
western wecners and yearlings, $5.76 0 7.50;
fed Western ewes, $4.7506.75.
Am Beet Sugar
American can
Am Car & Fdy ..
Am Cotton Oil ..
Am Hd & Lt pf..
Am Ice Securi....
Am Linseed Oil..
Am Locomotive . .
Am Smelt & Ret..
do preferred
Am Steel Fdy
Am Sugar Ref ...
Am Tel 4 Tel
Am Tobacco pf ...
Am Woolen
Anaconda Mln Co.
Atchison
dy preferred ...
Atl Coast Line ...
Bait & Onlo
Bethlehem Steel .
Brook Rap Tran..
Canadian Pacific ..
central Leather
100
. 100
CIO
2"0
3U0
1.800
6,500
400
2O0
1.3O0
18,900
2.80
3tlO
r,
123
13
95
o
44 4
l09i
101-
124
111
"
193
41 Is
56
123
136
95
So
43
109V
IOI Va
124
HO
"8ii
182
41
35
70
45
36VJ
9
61 hk
62a
33 5
25
13
48VI
791
14
55 Vi
123
136
95
34
43
109 V.
101 Va
123
111
27 'a
81 Vi
193
41
Heavy Selling at Chicago Does
Not Check Advance.
SHORTS STEADY BUYERS
do preferred ..... 107
Central of N J
Ches & Ohio
Chicago &. Alton . ,
cnicago ut west..
do preferred
Chicago & N W
c, iw & t Paul .,
C, C, C & St L ...
Colo Fuel & Iron . .
Colo & Southern
Consolidated Gas.
Corn Products
7.600 8-Ti B5?s
TOO
20
2oo
S.OoO
27 .
61
152
138 hk
27
51
151
138
200 60 60
4O0
16 16
21H
8ti
45
27 V
60
151
138
84
38
60
138
IS
Del A Hudson .... 171
B- & R Grande ... 4;0 41 40 40
do preferred ... ..... 79
Distillers' Securi .. 10 3o 30 30
Erie 700 28 28 28
do 1st preferred 46
do 2d preferred. 200 36 35 35
General Blectrlo 8l0 150-S4 149 , 150 .
Gt Northern pf ... 2,500 135 135
ot rvortnern ore .. 100 3 tw tw
Illinois Central 133
700
200
100
' 2,90O
IOO
2rf
5O0
400
Interborough Met. . 1.500
do preferred 1.40O
Inter Harvester 5.40O
Inter-Marine pf .. 2o0
int faper .........
Int Pump, ........
Iowa Central . .
K C Southern ...
do preferred ...
Laclede Gas
Louisville & Nash
Minn & St Louis.
M, St P & S S M.
Mo, Kan & Texas. .
do preferred . . .
Missouri Pacific ..
National Biscuit
(National Lead ...
Mex Nat Ry 2d pf
N Y Central
N Y, Ont & Went.
Norfolk & West..
North American
Northern Paciiic
Pacific Mail ...
Pennsylvania ...
Peoi lie's Gas
P. C C & St L.
Pittsburg Coal
Pressed Steel Car. 20O
Ry Steel Spring .. IOO
Reading 74, WOO
Republic Steel ... 200
do preferred ... 600
Rock Island Co.. 8.1O0
do preferred ... -
St L & S F 2 pf. 20O
St L Southwestern 30
20
00
98
18
"49"
21
34
j.03 '
147 V
34
140
42
20
54
18
'48
21V
84
163"
147-
34
139
41
2.300
"ioo
400
1,600
tiOO
.. 1,700
IOO
. . 14,600
- 10O
1O0
70
29
121
. 44
69
"77
29
120
44
132 131 V.
135
lOS
100
39
39
163
33
87
45
134
If 18
100
39 'A
39
162
33
97
44
do preferred
Sloss-Sheff leld ....
Southern Pacific ..
Southern Railway.
do preferred ...
Tenn Copper ....
Texas & Pacific..
Tol. St L West
do preferred ...
Union o Pacific .., . .
do preferred ...
IT S Realty
U S Rubber
U S Steel
do preferred
1'tah Copper .
Va-Caro Chemical.
Wabash
do preferred
western Md
200
iVioo
400
50
loo
300
2tlo
700
24,7110
loo
54,000
800
1.80O
4. IOO
600
2.8O0
800
100
48
81
73
126
7l3
27
32
3Vt
64
183
94
83 1 i
11 8 '4
46
(
2t
47
4H
64
48
31
73V
i25
26
62
27
32
38
63
182
94
S2
118
46
69
21
' 46
48
64
20
54
96
18
12
48
21
34
69
103
146 V
34
139
41
69
69
105
78
29
12u
44
102
72
131
135
107 ;
100
19
39
SB
162
33
97
44
89 14
01
73'
73
126
26
62
26
32
63
182
84
73 'J
42
82
118
46
oyy
46
47
63
68
4
Wemlnghouse Elec
Western Union ...
Wheel &, L Erie.
Total sales for the day, 303,200 shares.
BONDS.
NEW YORK. May 17. Closing quotations
U. S. ref. 3a reg,100N. Y" C. gn 3s 89
do coupon '.. .102 No. Pacific 3s. .. 72
V. S. 3s reg.". 102 No. Pacific 4s...lOO
do coupon . . .114'Unlon Pacific 43.101
U. S. new 4s reg.114 'Wis. Central 4s. 90
D. & R. G. 4s..93BJapanese 4s .. 91B
aHtern Mining; Stocks.
BOSTON, Ma 17. Closing quotation
Allouez 41 iMohawk '. 50
Amalg. Copper.
A. Z. L. & Sm.
Arizona Com..
Atlantic 7
B & C C & S M. 12
Butte Ooalition. 20
CaL & Arizona. 63
Cal. & Hecla 580A
Centennial 17
Cop. Ran. C. Co. 67
E. Butte Cp. M. 8
Franklin . ..... 13
Giroux Con 7
Granby Con 41
Greene Cananea. 8
I. Royale (Cop.) 21
Kerr Lake 8
Lake Copper . . . 544
70i Nevada Con. .... 20
25 Nlplsslng Mines.. 10
159s North nutte.... 33Vk
.xorxn lako .... 12"
010 uominion... m
Osceola 135
Parrott (S & C) 14
uuincy 76
Shannon 11
superior ........ 44
SUD & BOS Mln.. 11
Sup & Pitts Cop. 16
rramaracK 49
U. S. Coal & Oil 35
U. '8. 8. R. & M. 42
do preferred . . 49
Utan con. 24
Winona 8
XOKTHUKS CALIFORNIA VEGETABLES.
Mat Dtiti h Cabbage In Fine Shipping Condi
tion, but Crop Is Short. '
Vegetable crop conditions In Northern
California are reported by the Ennls-Brown
Company, of Sacramento, as follows:
Cabbage Our Flat Dutch cabbage now
lias a hard, nrm head and is in fine shipping
condition. The crop is short and the de
mand heavy, hence we look for high prices
to rule until the 1st of June, when there may
be some reduction.
Onions New red onions are Just begin
ning to come in. They are atill rather
young, 4iut by next week they should be in
fine shipping condition. The crop la very
short, hence we do not look for lower prices.
Our yellow onions will not be ripe enough
to ship until the last of this month.
New Potatoes New potatoes are coming
in quite freely, but are still too small and
green to ship in large quantities. The crop
Is large, and we expect to commence ship
ping in car lots by June 1. From all indi
cations the quality will be better than ever
this season.
Sack Vegetables The quality is very fine
this season and prices reasonable.
BKBRIES .OPEN WEAK AND CLOSE FTRM.
lint Prices Are the Lowest of the Day.
Supply Cleans Up.
The strawberry market opened weak yes
terday, because of the large supply, but be
came firm during the day, owing . to the
keen demand. At the farmers market in
the morning sales were made at $1.7502,
but on the street later the price had
climbed to $2.2502.60. A car of California
berries cleaned up well at 60 cents to $1 a
crate. There will be a good supply of Cali
fornia berries in today, probably the last
large lot of the season.
Cherries were in fair supply and sold a
$101.60 jer box. according to quality. Or
anges, lemons and bananas were in good de
mand. ....
BEER PBpPVCTipy .Ig STJLL CROWING
But in Spite of Growth of Brewery Trade,
Hop Market Ioes Not Improve.
Unofficial figures on the beer output in
April have been, received which indicate an
Increase in sales of about 000,000 barrels,
Improved Demand for Strawberries
at Seattle Country lrodnce
Is Very Firm.
(SEATTUa Wash., May 17. (Special.)
Outside Inquiries for strawberries were larger
than usual and dealers cleaned up about all
the surplus stock tonight. The supply of berries
was not too large. Prices were about the sans
as yesterday. New potatoes are in better demand.-
Carload shipments will be made 'reg
ularly in the near future. Asparagus is in
fair supply and steady. About the top Is $1.25.
Two cars of tomatoes arrived.
Veal dropped to 13 cents for the be.it stock.
Receipts are heavy, and while the demand Is
liberal, recent arrivals have come nearer fill
ing all requirements than has been the case
In several months.
Fresh eggs were tnuoh firmer. While the 27
cent quotation prevailed, dealers stated that
there was a 28-cent market. Butter was
steady. Poultry was scarce. Receipts are the
lightest in weeks.
Bluestem wheat was held at 89 cents, but
none was sold at that price. Oats are weak
again. Absence of demand and desire of
several up-state holders to clean up has re
sulted in sales as low as $24.
SAN JRANCISCO QUOTATIONS.
Produce Prices Current In the Bay City
Markets.
SAN FRANCISCO, May IT. The follow
ing prices were current in the produce
market today:
Butter Faacy creamery, 28c; creamery
seconds. 26c; fancy dairy, 26c
Cheese New, 1314c; young America,
14Sil."c
Kggs Store, 24c; fancy ranch. 26o.
Poultry Roosters, old. $39; roosters,
young. $8 11; broilers, small, $2.5003.50;
broilers, large, $44.50; fryers, $7.5008;
hens. $5.50jj12; ducks, old, $ti4J7; ducks,
young, $80.
Vegetables Hothouse cucumbers, 50 85c
garllc, 3J5c; green peas. 75c$1.25; string
beans. 2&6c; asparagus, $1.75&2" toma
toes, $1.60 tp 4; eggplant, 1017c
Fruit Apples. choice, $lf(l.26; com
mon, 50c0$l; bananas, 75c$3.50; Mexican
limes, $5.5006; California lemons, $1.254;
oranges, navels, $1.25 3; pineapples, $2,509
$ 3. 50.
Potatoes Salinas Burbanks. 85cS$l
sweets, 33c; Oregon Burbanks 75ci&$l "
Mlllstufts Bran, $23 24; middlings,
28.
Hay Wheat. 1217.S0; wheat and oats.
$9j14; alfalfa. $811; stock, J6&9: straw
per bale. 40&6c. '
HopsCalifornia crop, 13 15c
Receipts Flour, 6552 quarter sacks; barley.
8320 centals; oats. 440 centals; beans, 714
sacKs; t--rn, w centals; potatoes, ami) sacks:
middlings, 245 sacks; hay.
hides, 480.
bran. 255 sacks:
160 tone; wool. 72 bales;
Dnlutlt Flax Market.
DULUTH, May -17. Flax in store and to
arrive, on track, $2.21: Mav, $2.21; July
12. Uj September. $1.70 ;. October, .l.lVs
bid.
Metal Markets.
NEW YORK, May "17. The market fnr
standard copper os the New York Metal Ex
change was dull today, with spot and forward
deliveries up to the end of August quoted at
12. 25& 12.50c. London market was firm early,
but lost most of the advance as compared
with the closing prices of last Friday, closing
easy, with spot quoted at 56 and futures at
56 18s 9d. Local dealers report an unchanged'
market, with lake copper quoted at 12.75
13c, electrolytic at 12.62!g12.75c and casting
at 12.37'12.oOc. Arrivals reported at New
York today were 25 tons. Custom-house returns
show exports of 1851 tons, making 10,398 tons
so far this month. European sbocks as of May
15 were 108,620 tons, compared with 110,210
as of April 80.
Tin steady, with spot and May quoted at
83.12e38.20c, June at 33.15333.37o and
July at 8S.15Sj33.30c.' London easy Spot
150 2s 6d and futures at 151 lOcs.
Spelter dull. Spot. 6.25a.50o New York.
5.05r&5.15o Blast St. Louis. London market un
changed at 22.
Lead dull. Spot. 4. 25 -54.35c New York and
4.124.17o Bast St. Louis. London market
unchanged at 12 12s 6d.
Iron lower at 49s 7d for Cleveland war
rants In London. Local market was quiet. No
1 foundry Northern, $1717.76; No. 2. $18.50
1T.25; No. 1 Northern and No. 1 Southern, soft.
fl6.25ai8.76. -
DEMAND IS LACKING
KEOPEXIXG .OP FORE1G.V MAR
KETS XOT AN AID.
Reading and Brooklyn Transit Show
the Only Signs of Activity. -Bonds
Are Dull.
NEW YORK, May 17. The stock market
sank into a lethargio state today. The failure
of the reopening of the foreign stock markets
to revive any activity in the dealings here was
a discouragement to the trading element. Some
influence was allowed to the Hocking Valley
receivership as a factor in the stagnation. The
Haw-ley projects of consolidation and exten
sion furnished about the only matter of that
kind now available for the consideration of
would-be speculators and the check thus op
posed nullified Its possible effect.
The resumption of business In London fouad
that market under the repressive influence of
the mourning period for the dead King and
with the prospect of another adjournment on
Friday for the funeral ceremonies.
A desultory attempt to renew the advance
In Reading was followed by a languid bidding
up of Brooklyn Transit, which about exhaust
ed the resources of the market.
The continued sluggishness of the bond
market and the conservative views held re
garding t?he money market strongly emphasized
the Importance of en extensive sale of bonds
to foreigners. Rates on mercantile paper are
rising again, with no demand on the part of
bankers for the small supplies in the market.
The protests against the proposed Increases
in railroad freight rates, voiced from different
quarters, are not withont effect on views of
value of railroad stocks, the Increased reve
nues promised by these advances having
played a large part" in the more hopeful spec
ulative sentiment lately - held.
On the side of crops, decisive tendencies are
J lacking still to frame definite speculaUv
Money, Exchange. Etc.
NEW YORK, May 17. Prime mercantile
paper. 4g5 fer cent.
Sterling exchange,- steady, with actual
business in bankers' bills at $4.8380 4.84 for
60-day bills, and at $4.8710 for demand.
Commercial bills, $4.83 4.83 .
Bar silver, 54c.
. Mexican dollars, 44c
Government bonds, steady; railroads ir
regular.
Money on call, steady; J 4 per cent";
ruling rate and Closing Did, A i per cent
offered at 4 per cent.
Time loans, easier; $0 days. 3: 90 days,
S 54 4c 4 per cent; six months, 44 per cent.
LONDON. May 17. Bar silver, steady at
24d per ounce.
Money 214412 o tier cent.
The rate of discount in the ,open market for
short bills is 353 per cent; for three
months' bills. 8 68 per cent.
Consols for money, 61; do. for account, 82.
SAN FRANCISCO, May 17- Silver bars.
54c.
Mexican dollars. 46c.
Drafts StEht. 2V.c: telegraph. 6c.
Sterling on London, 60 days, $4.84; do, sight.
$4-87.
Dally Treasury Statement.
WASHINGTON, May 17. The condition
of the Treasury at the beginning of business
today was as follows:
Trust funds
Gold coin $854.124. S9
Silver dollars 490.234,000
Silver dollars of 1890 3,726,000
Sliver certificates outstanding.. 490,234,000
General fund
Standard silver dollars In gen
eral fund 1.810.280
Current liabilities 100.448,683
Working halance In Treasury ot-
fices 10,801.090
In hanks to credit of Treasurer
of the United States.. 87.673.731
Subsidiary silver coin 21,479,998
Minor coin 1,378,4
Total balance in general fund... 60,247,423
Dried Fruit at New York. -
NEW YORK, May 17. Evaporated ap
plea quiet, but prices are steady, on th
spot, fancy being quoted at 10c; choice, &
8c; prime, 77o; common- to fair, 6Q
Prunes in fair demand; on the spot prices
are steady, quotations ranging from 2c to
8c for California up to 30-40 and 4 9c
for Oreeons.
Apricots firm, with small offerings and
further export buying. Choice, 10llc
Peaches firm, on decreasing stocks.
Choice, 66c; extra choice, 7c; fan
cv. Rie7V4c
Raisins mostly nominal with a dull trade.
Loose muscatels are quoted at 85c
choice to fancy seeded. 4(i6c; seedless,
34e; London layers. $1.201.125.
Dairy Produce in the Kast.
CHICAGO, May 17. Butter 8teady
f-r-en merles. 23 0127c; dairies, 21 25c.
Eggs Receipts, 30.896; steady at mark,
cases Inoluded. 16lij19c; first. 19c; prima
firsts, 20c
Cheese Firm; daisies, 1414c: twins.
13&13ci Young Americas, 15c; long
horns, HiW"a. ,
NEW YORK. May 17. Butter Steady.
Cheese very nrm; state skims common,
6to6V4c.
Eggs Firm; fresh gathered. regular
packed nrsts, fiiwiiwi;.
Km York Cotton Market.
NEW YORK. May 17. Cotton Spot,
closed quiet, 15 points decline. Mid-uplands
15.75c; do. Gulf. 16C. Bales. S1O0 bales.
Futures closed barely steady, 10 to 25
ctolntx -lower. May, 15.25c; June, 15.24c
July. 15.27c: August, 14.92c; September,
13.77c: October. 12.84C; November. 12.72c
December, 12.00c; January, 12.03c; .March,
12.68c
WHEAT WOBKINGf
Reports Current of Damage by Hes
sian Fly Plowing Up in Illinois
and Missouri Improvement
in the Cash Demand.
CHICAGO Mav 17. Reports of damage by
the Hessian' fly were current in the wheat
pit today. Reports or the plowing up, ui
wheat in this state and Missouri also herped
the hnlln Einort clearances were 157.O0O
bushels and there was a slight Improvement
In the cash trade, with sales of 15,000 bushels
here and 26.O0O bushels at Buffalo. An in-
tererflBK trade was the sale of l.OOO.OOO Dusn-
els of July delivery by one prominent operator.
chiefly at $1.03. The price enerwari au-
anced e on covering by a numoer 01 locai
shorts. Extreme dullness prevailed and fluc
tuations were within a range of c tne
Northwest reported considerable offerings of
wheat to arrive. The South weM. meanwhile
continued to report wheat carried over unsold.
Rain here and in the Northwest ana in me
West for a while d a tendency to make
traders- bearish, but leadership was lacking.
Cold weather in England, said to be retarding
the growth of the wheat plant, was -reported.
with assertions that tne crop m r ranee snows
deterioration. On the other hand, Duiutn
wired that the price of cash Durum wneat
there wa 16 cents under Chicago quotations.
According to a dispatch from Minneapolis, all
that is needed now to bring the tepnng wneat
crop along nicely is warm growing weather.
September delivery here sold between $1.00
and $1.01. closing o up at $1.01.
Corn shorts covered on, reports of replanting
necessary as & result of recent cold weather
In " Important sections of the State of lowa.
Seotember ranged from 63tT3c to 63c.
and finished with. 5o gain at 63o. The
cash market was firm. no. 3 yenow cioseo
at 6Sr64c.
Oats were for sale in consiaeraoie quantities
on rallies. The weather was reported better
for the growing crop. September iiuctua
tions wre from 39c to 89c, with the close
at 39'n39a. a net loss of c.
Packers were the best buyers or provisions.
There was also a fairly good Southern de
mand. Pork closed 37 c to 42 a up. lard
was 10 to 17 c higher and ribs gained 22
to 25 cents.
The leading futures ranged as follows:
WHEAT.
Open. High. Low. Close.
$1.13 $1.13 $1.11 $1.12
1.03 1.03 1.02 1.03
1.01 1.0 1.00 l.l
CORN.
.60 .60
.2 .
.63 .S
.68 .58
OATS.
.42 .42
.40 .41
.39 .39
.,.40 .40
. MESS PORK.
22.90 23.27
22.93 23.20
LARD.
12.80 12. SO
12.67 13.77
SHORT RIB8.
12.65 12.85 12.65
12.60 12J0 12.55
Cash quotations were as follows:
Flour Steady.
Rye No. 2. 5860c. , , .
Rrlv Feed or mixing. 52o7c; fair to
choice malting, 62&66c.
Flax seed NO. 1 auuniwcBiciu, .v,-7z.
No. 1 Northwestern, 2.1i.
Timothy seed Nominal.
SideeSnor't! "clear boxed). $1$.7514.
Grain statistics:
tai.i Lenmneea of wheat and flour were
equal to 1S7.00O bushels. Primary receipts
were 501.000 bushels, compared with 161,-
000 bushels the corresponding day a year
ago. The world's visible supply, as shown
by .uraaatreei s, aecreiweii .,, w
,.1. Estimated receipts ior tomorrow.
wheat. 19 cars: corn, 11 cars; oats, a
cars: hogs, 23,000 neaa.
Receipts.
Flour, barrels 4,900
Wheat, bushels 2I'6S?
Corn, bushels 77,500
Oats, bushels 288.000
IS .. v..,.h.l. 2.000
Tiarlev. bushels 36,000 13.400
May.
July.
Sept.
May. .
July. .
Sept. .
Dec. .
May.
July.
Sept.
Dec .
July.
Sept.
July
Sept
July.
Sept. .
.60 Vi
.62
.63
.58
.42
.40
.S9
.40
22.90
22.87
12.80
12.65
.60
.62
.63
.58
.42
.40
.39
.40
23.27
23.17
12.90
12.72
12.82
12.70
Shipment
20.800
13,100
SO, 300
200,400
Grain and Produce at New York.
NEW YORK, May 17. Flour Quiet, un
changed. Receipts. 12,523 barrels; ship
. i??! hm-rclJ.
1 1 . h .'. . . ,-,.. TCo. 2 red. S1.14V4 c. 1.
f; No. 1 Northern, $.1 f. o. b. Wheat
opened easier on the weak cables, poor cash
market and favorable crop prospects, but
in the afternoon advanced sharply on less
favorable crop news and closed firm un
changed to c net rise. May closed at
$1 16: July, $1.10. and September at
$1.07. Receipts, 44,400 bushels; shipments.
411.890 buabels.
Hops Dull.
Hides Firm.
Wool Steady.
Petroleum Steady.
Grain at San Francisco.
SAN FRANCISCO, May 17. Wheat steady,
barlev steady.
elpot quotations: Wheat Shipping, $1.B2Q
1.57 y per cental.
Barley Feed, $1.1101.13 per cental
hw-winjr 1.16M(n"l.l7 per cental.
Oats Red. $l.25,1.37 per cental: white,
K1.47U.67-1.55 per cental: DlacK, nominal.
Calf board sales: Barley December, $1.10
per cental asked; l.o per cental Dia.
Corn Large yellow, $1.70(6'1.75 per cental.
Enronean Grain Markets.
LONDON. May 17. Cargoes dull and do-
pressed, waua wana zor inipmrni, ou low
er, 8s. nominal. English country markets,
quiet; French country markets, slow.
LIVERPOOL. May 17. Wheat May. 6s
11 d: July, 7s; October, 7s Id. Weath
cloudy. '
Minneapolis Grain Market.
MINNEAPOLIS. May 17. Wheat May,
$L08! September, $1.00. Cash No.
hard, $L12; No. 1 Northern, $1.101.11
No 2. $1.001.09; No. 8, $l.O51.07.
Flax $2.11.
Oats No. 8 white. 3940o.
Rye No. 2. 70 73c. '
Grain Markets of the Northwest,
- TACOMA. May 17. Wheat Export, blue-
stem, 89c; club. 85c; milling, bluestem. 9&
woe: ciud. eo c 00c.
RTCATTLE. May 17. Wheat Milling, quo
tations, bluestem, 90c: forty fold. 88c; club,
87c: fife, 87c; red Russian, 85c; export
wheat, bluestem. 87c; fortyfoia, 85c: club,
84c; fife, 84c; red Russian, 82c Yesterday's
car receipts, wneat, 00 trs, uais, o cars
barley. 2 cars.
Coffee and Sturar.
NEW YORK, May 17. Coffee futures
closed steady, net 5 points lower to un
changed. Pales. 10.000 bags. Closing; bids,
ilazxy propcrtjr owners
KNOW NOW
ro&nj Tvlll learn, that
BITUUTHIC
Pavement baa move attv
Hiity, more real vatae
than any other h&rd-erxr-faoe
pavement lakL
THE UNITED STATES
"NATIONAL BANK
PORTLAND, OREGON
UNITED STATES DEPOSITORY
Capital - - - $1,000,000.00
Surplus and Profits, $725,000.00
OFFICERS:
3. C. AIXSWOIITII, President. It. W. SCH3LEER, Cashier.
Il LEA BARNES, Vice-President.
A. M. WRIGHT, Assistant Cashier. W. A. HOLT, Assistant Cashier.
LETTERS OF CREDIT AND TRAVELERS
CHECKS ISSUED NEGOTIABLE EVERYWHERE
DRAFTS DRAWN on all FOREIGN COUNTRIES
lumbermens
National Bank
CORNER FIFTH AND STARK STREETS
PORTLAND, OREGON
Capital $500,000
OFFICERS.
G. K. Went-worth President
John A. Keating: Vice-President
Geo. L. McPherson. . .Vice-President
H. D. Story Cashier
A. Freeman Assistant Cashier
Graham Dukehart-Assistant Cashier
DIRECTORS.
G. K. Wentwurth
Chas. S. Ilwll
P. S. Brumby
Dr. K. A. J. Markeasis
lieorge G. Blnirhsm
Lloyd J. TVentworth
J. K. Wheeler
Geo. L. McPhersom
John A. Keating
Robert Treat Piatt
H. D. Story
OLDEST BANK ON THE PACIFIC COAST
CAPITAL $1,000,000
SURPLUS and PROFITS $600,003
OFFICERS.
W. M. LADD. President.
SOW. COOKIVOHAM. Vice-President
W. H. DUNCKLET, Cashier.
R. S. HOWARD, JR.. Aas't Cashier.
X W. LADD, Assistant Cashier.
WALTER M. COOK. Ass't Cashier.
DIRECTORS.
EDWARD COOKIGHAH
HENRY L. CORBKTT.
WILLIAM M. LADD.
CHARLES K LADD.
J. WESLEY LADD.
S. B. LINTHICUH.
FRBDERICB. PRATT.
TaBODORS B. WILCOX
Interest Paid on Sayings Accounts and Certificates of Deposit
We Issue Letters of Credit, Foreign Drafts, and Travelers' Checks
AMERICAN BANK
& TRUST COMPANY
SAMUEL CONN ELL, President G. L. MacGlBBON, Caahier
CAPITAL. $150,000 je
i?,Ci,,?ioenerai1banklnjl blis,nes;''-x OP checking accounts without
t j?..iatl?n- as. t0 "mount. Pays interest on time and savings deposits.
Issues travelers "checks and foreigrn drafts available everywhere.
CORNER SIXTH AMI OAK,
PORTLAND, OREGO.V.
May, June and July, .40e: Aurust. 8.45c:
September, 6.50c; October, Novembers B.Soc;
December. 6.60c; January. 6.63c; February.
.65o ; March, e.67c: April, 6.8c spot cof
fee ouiet. No. T Rio, Hfcc; Santos No, 4.
9 He; mild quiet; Cordova. 9?41214c.
Engineer Worries Walla Walla.
WALLA "WALLA, Wash., May 17.
Members of the City Council have a
white elephant on their hands In E. B.
Shlfley, whom they brought 3000 miles
from Owensboro, Ky., to accept the
position of City Engineer of Walla
Walla, only to find that he is ineligible
under the charter, which provides that
all city officials, elected or appointed,
fchall be electors of the state, and resi
dents of the city for six months. Shlf
ley was to have been appointed City
Engineer at the meeting of the City
Council last night. The city fathers
may have to dig down Into their own
pockets to pay the expenses of Shifley
if threatened proceedings are filed.
Bonds
Investments
Umber Lands
McGrath & Neuhansen Co.
701-2444 Lewis BMj.
P0RHAN4 OREGON
TBAVELERy GUIDK.
All Modern Safety Devices (Wireless, Ktc.)
LONDON PARIS HAMBURG
tK. Autr Vic. .May 2H0ceana ..June a
Bluecher May 25' Amerika ......June 4
Deutschland ..May 2$ Pres. Grant ..June 8
Pres. Lincoln. .June lClnclnnati ...June 11
tUnexcelled Rlti-Carlton a la Carte Res
taurant. Xew.
T a ja W "XT" VIA GIBRALTAR.
11 ALY xaa
8. 8. MOI.TKE May SI, 11 A M.
8. S. Hutavia June 14
S. S. HAJIBiBfi June 81
Ilainburs;-Americnn Line,
160 Powell St.. San Francisco, CaL
end Local R. R. Agents In Portland.
Columbia River, Port
land and Astoria Route
Steamer Hassalo leaves . Portland daily,
except Sunday, at 8 P. M. : (Saturday at
10:00 P. M.); returning, leaves Astoria daily,
except Sunday, at 7 :oo A. M. Tickets Inter
changeable with steamer "Lurllne," which
leaves Astoria daily, except Sunday, at 7:00
P. M.
San Francisco & Los Angeles
DIRECT
North Pacific S. S. Co.'s S. S. Roanoke
and S. S. Elder sail every Tuesday
alternately at 8 P. M. Ticket office
132 Third St., near Alder.
II- YOUNG, Agt.
Phonea M 1314, A 1314.
SAN FRANCISCO & PORTLAND STEAM
SHIP COMPANY.
Only direct steamers and daylight salllnra.
From Alnswortn dock. Portland. 9 A- M.;
S.8. Rose City, May 21. June 4.
S.tt. Bear, May 28, June 11.
From pier 40. San Francisco. 11 A M.:
8.8. Rear, May 31, June 4.
S.8. Rose City, May 28, June 11.
HARRY O. SMITH. C. T. A., 1 Third Sfc
Main 402. A 1402.
J. W. RANSOM. Dock A cent.
Ainsworth Dock. Main 268. A. 1234.
COOS BAY LINE
t-DAI SERVICE.
Steamer Breakwater leaves Portland 9 A.
M , May 4. 9. 14. 19. 24. 23 and every flv
days, from Alnswortn Dock, for North Bend.
Morshneld and Coos Bay joints. Freight
received until 5 F. M. daily. Passenger fare,
first-class, $10; second-class, $7, Including
berth and meals. Inquire City Ticket OSrire.
8d and Washington, sis., or Aimft'orm Jjosk,
iiaia VS .