Morning Oregonian. (Portland, Or.) 1861-1937, April 13, 1911, Page 21, Image 21

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    21
TIIE MORNING OREGONIAN. TIIUKSPAY. APRIL 13, 1911.
' .
i
S
f
MILL PRODUCTS UP
Flour and Feed Show an Ad
. vancing Tendency.
WITH THE RISE IN WHEAT
Exporter mnd Patent to Bo Pnt
on Higher Plane Supplies of
Bran and Short Are Small
and Mill Are Closed.
What 1 all kind. of mill product. ar
... Ii.rn M tb l.t- Bran I. . Quoted
, !,. local -aral at .80
at t-X Th.r .u u advance of l to
mill M br o of lb. Fact Sound mil
y-t.ro.r. and th. rise will PM J
aad nearly aJl th sains have lod down.
It la certain that .Ull nlgtier price wi.t
pravail la tb. North.! bofor. th. n
T Tnowr mark la alo responding: to th.
higher -ha price. Th. quotation en -port,
will be advanced la th. nut day J
fwV. aad It 1 very Ukalr that patent, will
b. lifted Boon. Th. dmaad for patent "
better than toT Borne tlm. P"
Thar. a rumor yesterday, -b eh
eould not be eonSrmed. that Japan aad China
were .rain ta tb. -arb tor bC So
far a. th. local mark. I wa concrnd.th.
demand . Urge " California account
and tb. tneulry a ehcd br th.
bleher price, asked- On th. Sound. lh
hlghet price o tb. son war. paid wh
blueetem wa wold on track at 90 rents.
H.rl.y aad oat w.ra nrmiy
lci reeilpts. In earn, wre reported 7
tb. Ilmtui' rxebanr. a. follow.:
Wheat Harley Floor Oat. Hay
Var 1 '? . "
Tnn j .I - li
Wedneeday ... J J 'i , s
iSS KB S S3
OBJECT TO AfPLMOf LARGE SIZE.
emallrr Frett I. rPnl-r la th LmhIm
Market.
United State. Commercial Agent J. .IX
Whelpiey. of London, reporting en th. fruit
trad, of that markrt. ay:
Th. apl. I by fr th. mo.t Important
fruit ecmUf to th. British mark.t. Anrt
can apple, are very popular, ldby cJ
vart-tle aa th. N.wtowa Pippin front Boon
River. Th. only objection nrged I. that of
,n. Th. met popular .tie. ar. too. rang
ing from 12" to lf a crate, whereas aoro.
of th. arrivals from Oreitoa and California
r.in aa large a. T or so per crate. Th.
Kng'.iah rtall trad. doe. not want tfc. aatra
larit. apple. Frolt M .old by th. pound,
and th. number of a frolt that can b. eon
lamed in a Bxed weight play, a lar. part
In IU aale.
The Importation and handltnc of Ameri
can frolt baa become ueh an Iro port ant In
dustry that tepreaentatlve. of both auction
eer, and private-treaty house, take yearly
trip to th. failed otatea. eUltlnn all th.
prominent fruit center, and It abould be an
eMy matter for growera to let In pereonal
touch with them. Knllh dealer and
broker, who bar. recently returned from the
western part of th. United State, exureaa
grave (ear. that there Is Imminent dancer of
aa .T.rproduitlon of American fruit, to b.
f.. lowed Inevitably by a glutted market,
the poestnl. result to be not merely a low
ering of price, and a reduction of pronts.
but a drop that will mean a dutlnct loss
to th. American grower on this year', crop.
HOr STOCKS ARB NKARLT EXHAUSTED.
And BewalmU of Karterw Bayers Ar
let te Bo xlllod.
. Some of th. brewer, and bop dealer In
th. East are going to bar. a rad. awaken
ing eery soon when they learn that no mora
hop. are left on th. Coast. Every specu
lator In Oregon la Bold out completely and
th. amount held by growera la not orer oO
e veer, eron. There la mar.
than on. Eastern brewer who will need thje
quantity of bop. and mora before th. e.n
i. a lot nf ISO bale, of urrgon iviva.
owned by a California dealer, was Mid es-
terday at la's cents.
-r... -.1 eor contracts la strong, but aa
th. buyer, will not bid orer IT centa. tber.
I. no new business. K M eaumaiaa mat
. . -ontnL an. way or another.
SS.Oco bale, of th. coming Oregon crop, while
in California about Bo.oov bales ar. ne
The largeM deal for aom. tlm. was report
ed In California adrleea received yesterday.
Wolf A Nelter bar. secured 1500 bale, of
Pacramentca of th. crop of l"0d god lOT
on consignment. Thl. make, a .harp reduc
tion of th. supply of aid hop. In California.
Not a bale of hops of any kind la left la
Washlngtoa. -
A letter from Frankfort, dated March S.
reported th. Herman markets quiet, hot
iik .lock, about exhausted. Of-
Aclal return, recently published now tb.
1lO crop of Austria to nav. oeen .
i i - . . f .... under en HI ration
Sl.o hektar. a. against 19.0S hundred
weight, and S2.S44 hektar In 10.
KASTLRX MOHAIR CONDITIONS.
rw Clip Is Resents Bostea aa Caaatgw-
M oh sir mark.t conditions In th. East ar
rportd by the Boelen Commercial Bulle
tin of A roll aa follows:
-The call for mohair continues moderately
good wKh prteee firm as quoted for aom.
time past, good combing readily bringing
i cents with extra desirable quantities ex
ceeding this price. Carding holds steady aa
quoted.
"Som. of th. n.w clip ha. arrte.d la th
Boston market an consignment, but no sale
of th new hair are yet reported. Insufficient
stock having yst arrived Co make a good
showing. IV la said. Thar, will be more or
lee. stock arriving within th. n.xt f.w
weeks, howsver. the shearing In the southern
part of the country having progreesed very
well and the clip season In tb. mora north
erly section, being about two week, earlier
thaa usual.
Domestic quotations: Best combing. 130;
good combing. UIM: ordinary combing at
iiJTJO; carding. 20 it 23. Foreign: Cap 1st.
Id ; Turkey, tsar average. UgM.
DEMAND FOB EteGS 13 HEATT.
t ilk Market Firming- 1 p. B overs Take Hold
ireely.
Bevond a further etllfening of th mar
aet, tb.r. vers no new development In th
egg trad, yesterday and th. price, of tb.
past tw. day war. repeated, dealer getting
0 aad 3t cents for candl.d stock. No fur
tbsr purchase, of Eastern eggs have be.a
reported sine. th. market. In tb. East
advanced. a
poultry was In a llttls better supply, but
th.re was a good demand aad all prteee
vara firm. Drveeed meat. w.ra steady, ex
cept Spring lambs, which wer. quoted weak
at 11 centa.
Th. batter movement was good at th
new reduced price, but th market waa
barely steady. Cheese was qotaud strong.
Advaac la Oregon Onions.
ebe Belling price of Oregon onions In th.
country waa xTvanod yestsrday to gtJS.
Several ears war disposed of at this price.
Tn demand I. good from all quarter and
cJoaa-up of tb. small remainder of th.
crop la th. next tew cay. Is looked for.
. liaise Hay la Boaaand.
BAKER. Or. April !S.-Specl.l-Th.
i Balnea Mercantile Company, of H sines, baa
barn shipping luO ions of nay dally tor th
1 past week t. th. Portland markets. Th.
i aa usual uuoii of cons traction work going
: : .
on In Oregon and Washington hag created
a demand tor this product, and tho beat
grade of hay ar bringing; good price.
About ISO carloads wer shipped from
Halne last month.
Mraerberrle Clean I P
Th. frnlt and vegetable trad, was de
cidedly brisk. Louisiana berries have en
tirely clesned an. but another shipment I
due Saturday. A few chest of berries ar
rived from Lo Angeles. All sues
orange, w.ra scarce aad th. mark.t wa
firm. Flv. ar of bananas wer da last
night. A car of cabbage arrived.
Hales of Oregon Weal at Beat an,
v.ii ...(-. from Roston report a number
of recent sales of old-clip Oregon wool dur
ing the. big buying movement by tn
On sale of loo.uuo pounds waa mad at
15 cents In the grease. Another lot of
3S.0O9 pound was sold at 11 H centa.
Bank Clearings.
Bank clearings of the Northwestern cities
yeeterday wer aa follows:
Clearings, Balano-
Portland 1 12- 14..v.9 ll
Seattle ti'i -o-
1 aroma. 7l.-i 'V'-S
Spokane lettXllHt lil.U
PORTLAND MARKETS.
Grain. FVaor, read. Etc.
WHEAT Track prices: Blueetem. B79
i;Sc; club, MOJc; red Rosstan, Sic;
Valley. 83c; 40-f eld. Sic.
BARLET Chole feed. $2T per ton. '
HliXMCKKi Bran. -"J.;0 per toa: mia
dtinsa. .: shorts. S4-iO; rolled barley.
Sioi!.je).
K1.0LR Patents. 14.TS per bsrrel.
strslchta f:l A: exports. a.70; Valley. .oo.
graham. 11. KJ? whole wheat. 11.. o.
CORN Whole, lis; cracked. liSffSAiO
per ton.
OAIb No. 1 white, fit per ton.
MAT Timothy. Kaatern Ore.on. No. U
121: mixed. IIISII: alfalfa. Illl&;
ciover. HUHliil: grain bay. Ill Oil.
Dairy and Ceejstry Prodmr.
POCLTRT Hena, 21e: broilers. 3e: tur
keys. 2le; ducks. 30vUc: geese, l-lc;
dressed turkeys, choice, -oc.
KiiiS urexon rsm-h. candled. :!lo psr
dosen: nut count, isspzec per doann.
I llttsi: lull cream, twins. HoW per
pound: Young Anieru-a. Utollc
Hl'TTKH City creamery extra. 1 and I
pound prints, in boxes. 2c per pound; less
thsn hoaes. csrtona and delivery extra.
PORK. Fancy, lOululc per pound
YtAL Fancy, M to 1- pounds. llUo
per pound.
SVHI.NO t JVM US lie per pound.
Tegetjabie. sued t rull.
HACK VKvitTABLEO "rrols. Kllcell
per hundred; parsnips, aic)l. turnip. BOO
l: beets. Ouctltl.
TROPICA I. FRUITS Orange, nsv.la,
I3.&ai.3 B-r box: Florida grapefruit. M-WV.
( llforo grsperrult. ll14o; bananas. 6y
tti p lb.; iiheapple.. c per In.; lemons.
J.ao4: tange.iaea. II. 15 per box.
APPLES Fancy. -oi.7i. choice.
common. oaal per box.
BtKKlEd strawberries. Louisiana.
per irate; Los Angeles, lidwc per baskel.
VblKTABU:!1 Asparagus, fancy, i.lo
per crata: comm'in. 1.J- per crate;
rsbhage. l.r.rl.50 per hundred: cauli
flower, local, flvl.sa per dos: celery. Cali
fornia. 14 per crate: cucumbers. I2.SS per
dosen: eggplant, l.c lb-; garlic 10 lie i per
pound: green onions, lie per dosea; head
lettuce. 6c per dosen: hothr-ee lettuce.
ll.i.o-1.50 per box: peas. 12 c per pound;
peppers. 10c per lb: radishes, aocfllo per
dosen; rhubarb ml.2i per box; sprouts.
c; lomstoes. Il.iaul.
POTATOES Oregon. buTn price, 11.10
$LtS "per hundred.
ONIONS Buying price, 2-S per hun
dred. Groceries, Dries! Fralta. Eta.
DRIED FRUITS Apples. "."Hn P
!b.: currants. 11 He; sprioots. 12e14o;
o. lea, pwasg. ldC per lo.; Ogs. bu J.
whit, or black, by sck. lc: S-aa. tl.SU9
1.75. 12-la 5c; 3-l-. i.M: lu-la, 4o;
Sniyrnas, lac
tiALMON Columbia Rtver. 1-pound tails,
I2l per dosen; a-pound talla t
pound flats. ti0; Alaska pink. 1-pound
cvi Ft i. bV-Roaat .d. tn dram. 23 0 310 per
NUTS Wain at a 17H OISc per pound;
Brasll nuts. 14 16c: filberts. 18ej almond.
Ida lac; peecaiis, lc: cocoanuta. O 1 P
doaen: cheetnuts. USt per pound; hickory
nula. Slrluc per pound.
HONtV Choice, a.;S per cass; atralned.
Sac per pound. . .
8ALT-tiranulated. t per ton: half
round. loos. Ia.50 per ton: . I Per ton.
BEANS timall white. 4 Vic; largs white.
,c: Llmsn. ; pink. SVac; red Mexicans.
6 VlCkNl: W.pan. 4c: ehaaper d
3 W)4S4; Southern bead. 6taic; im
ported Imjierlal. 61sc; Imported extra Jo. i
Tsf'OAR Dry granulated, fruit and berry,
15.40; beat. 11.20; estra C, I4.BO: goiaen L,
14.no: yellow D. 14.70: powdered, t"5
Terms on remittance, within la aaya. de
ourt a per pound; If later than lo Oayi
and within 10 days, douuet Ho per pound,
atapl augsr. 15 glee per pound.
Previsions.
HAMS 10 to 20 pounds. lS91Tc: IS to 14
pounds. l'.OMoVc: 14 to 1 pounds. 1SW
li,c; skiuned. lc; picnics, 13c; cottage
WrsiktU MEATS Beef tongues. ftSo;
dried beef eta none: outside, none; in
side, Sic; knuckles. 20c. .
BACoN Fsncy. 2ic: tandard. 24cj
Choi;.. 22c; Engll.h, lJHc
DRY SALT t'l'KKU Regular hort clears,
dry salt. l4c: smoked. HVc; bscks. light,
salt. 13c; smoked. 15V.C; bscks. heavy,
salt. U"c; amokid. 14 V c; .sports, sail,
ls'sc: smoked. 16Vc, !,,-.
LAW- Kettl. rendered, tierces. 12 Ho.
tubs. l-c; stsndsrd. pure. Uerccs. 11 Sc.
tube. llc: choice, nereis, loc: tuoa.
10c: sberlanlng. tierces. Uc; tubs. I6
Hope. Wool, Hides, Etc.
HOPS 11V crop. Ill Joe ; HW crop, IS
llltc; contracts, lc
oHAin-Choice. 3ic per pound delivered
Portland.
WOOL Eastern Oregon, nominal. M814I
per pound, according to Bbrlnkage; alley.
"p,KtCTlrDrT.tt"2o; .t.d. country pelts.
Soctrll: lamb pelta. 2",c.
H.DES oalted bide. 7He per pound ;
..lied calf. lie. Bslted kip.
stgs. 6V,c; green hides, lc lea.; dry hldea.
17c: dry calf. 17vlc; dry stags. lll-c
CAmaIU HAKk-Per pound. So.
Oil.
LINSEED OIL. Pure raw.
Ptlc; boiled. In barrels. tl.OW ra
$1.04: boiled. In cases. 11.06.
In barrela
s. In cases.
11.23: Iron
barrels. 1.1"; cases. 1.24; w
ood bbla.
OAaOLlNE Motor gasoline,
lte; cases. !)sc; Id gasoline.
2tc: cases. 11 He
COAL. OIL Ordinary test. CSS
bulk, in tauka. Vc; high test.
Iron bbla
iron bbUk,
s. 1(0 lc;
2IV.&
SHIPPED NORTH
SKATTI.E niiLS AIjASKA ORDERS
WITH ACSTUALI.VXS.
l!s Soiling; Fretly at 2S Centa.
Strawberry Cropv Promises
to Be Large.
SEATTLE. Wash.. April 11 (Special.)
The Louisiana strawberrlea that arrived last
nlabt were In Brst-claa condition and wer.
held at 1.7 a crate. Reporta from Kan
B.wlrk are to the effect thst th. crop prom
ises to be large. The Vashon Island crop
Is said to be two weeks further along than
"xhe'supply of aspsragn. was heavy today
and price, w.r. easier alt around.
A good many onions are being repacked
for shipment to Alaska. Australian onions,
however, are entering largely Into the trade.
Han veal sold today at 11 centa than 14.
Live poultry receipts are Increasing, but a
brlsK demand keeps th. market cleaned op
and the price unchanged.
Dealer found It aasler to obtain II cents
for fresh local ranch eggs today. Butter
was .teady and cheese firm. .
Th. price of 40-fold wheat was lowered
a half cent on the Merchants' Exchange
this morning. The new price Is 14 centa
AJl other varieties wer. nominally un
changed. Stork Kxeaang. BoMday.
NEW TORI. April 12. Th Stock Ex
change today decided to doe. on next in
day and Saturday, thn. giving a holiday
from Thursday until Monday.
Hop ad New Terk.
NEW TOBK. April 13. Hop Steady.
Tacoma. April IS. Arrived chooner
TtJert Searlea. from Honolulu. Departed-
bteasner Admiral Sampson. for Seattle;
steuner Oovernor, for 6ettl; steamer VV at
soa, for Seattle,
BOND SALES LARGE
Abundance of Cheap Money Is
the Factor.
STOCKS NOT SO ACTIVE
rennsylvanla Breaks a Point on
Announcement of Allottment to
SharcboldcrsMlksoarl Pa
ctflc Down With It.
NEW YORK, April 11. Speculation In
stock wa all but suspended today and
prices barely changed. Almost the only
business don. consisted of the evening up
of accounte In preparation for tho Easter
holldsya In advance of which trader, did
not desir. to embark upon fresh ventures.
Pennsylvania was one of th. few stock
which displayed any activity. It broke
nearly a point when th. new. cam. tbat
the directors hsd arranged dennltely for a
1 per oent allotment to shareholders. This
oSsrlng will be th. nrst In seversl years to
be made direct to the stockholders, instesd
of ta underwriter syndlcste. Th last
previous ottering direct to shareholders met
with Indifferent success and traders. In view
of this fact. Interpreted today' offering aa
a bearish factor. t
Missouri Pscinc which broke with Penn
sylvania rallied before the close ar.d ended
the day with a slight gain. Mora than 1D0.-
shares of this slock have been sold in
(he Isst fortnight and th source of th.
liquidation rem. Ins a puxxle. The February
report of the road shows thst while gross
earnings fell off H77.vo. the shrinkage In
net was kept down to by reason of
reduction of operating expenses.
Th. weekly reviews of Iron trad. Indicated
that In point of new business th. msrkets J
ror nnisnea materials ana lor pig iron nsvw
bavn qul.ter than la any other week since
January.
Th bond market was again relatively
more activ than th stock market. The
abundance of cheap money Im the main
factor In maintaining a moderate demand for
buads. which Is expressed In private ssles
each day. aa well aa In the sustained volume
of trading on th exchange.
Khort time money was somewhat esslsr.
The banks continued to gain on th direct
interior movement, bnt sustalnsd a further
loss In their operations with th. Subtreasury.
Bonds were Irregular. Total ssles. par
value. U.17.eofl. United States bonds wer.
unchanged on calL
CLOSINO STOCK QUOTATIONS.
Closing
Bales. High. Low.
Allta Chsl pf
Amal Copper .. 2.500 2tt 61
Am Agrtcult .....
Am Beet Sugar. 1.600 43 4:Vi
Bid.
20
:
r
ro
r.7
23
23
10
3n
73
lo5
44
11S
145
07
33 S
87
1M
102
110
!.'
3.1
77
225
2S
P8
278
(U)
30
21
43
143
120
fill
3"
50
143
14
170
14
DO
34
20
47
R7
l.-0
12rt
2
136
11
53
115
17
S0
IS
34
Ac)
102
144
Amaricaa Can
Am Car A Fdy. 100 Mf
Am Cotton OIL. "0 67 '4 57
Am HI A Lt pf. lOO Hit 3'4
Am Ice Secur.. ...... ..... .....
Am Linseed Oil
Am locomotive. 100 Sri tfc 86
Am Smel A Kef 1.100 74 73 n
do preferred
Am Steel Fdy.. 400 44 4 Hi
Am Pugar RefH
Am Tel A Tel.. . 4X0 145 1451
Am Tobacco pf.. .....
Am Woolen rtoo S4 S
Anaconda M Co . 100 37 's 3714
Alrhlson SOO logfe log
do preferred.. ...... ..... .....
All Coast Line.
Halt A Ohio ... 1l0 (: 10.', V
Bethlehem rlleel )'! 33 33
Brook R Tran.. 100 771 77
Canadtsn Psc .. 1.3KO S'JSV. 225!.
Central Leather 100 -H 1'8
do preferred.. loo ' 0 Mr
Central of N J
Ches A Ohio ... BOO 80 80
Chicago A Alton
Chi Ut West . . 100 31 SI
do preferred .....
Chicago A N W
C. M A St Paul. 1.600 120 ISO
C (J C fc 8t It .ee . . . . e
Col Fuel A Iroa""i66 "30 '36
Col Southern - .-
Consol Gas ...... 1.000 144 143
Corn Products . 100 14 14
Del A Hudson-
DAK Grsnde. ...... .....
do preferred.. ......
Distillers' Secur 300 35 34
Brie 17.100 20
do 1st pf .....
do -d. 1I
Ooncral Klee .. 3"0 150 150
lt North pf ... S00 126 126
Gt Xorth ore .. Poo 62 01
Illinois Central. 4O0 1.17 136
Interior Met.... 100 II 11
do preferred.. 300 54 63
Inter Harvester .....
Inter Merino pf.
Int Paper 200 0
lnt Pump ..... ...... .....
Iowa Central ... .....
K C Southern ... .....
do preferred.. .....
Laclede Gas.... 18 102 102
Iuls A Naah .. lOO 144 144
Minn A St L
M. S P A S S M
Mo, Kan A Tex.
do preferred. .....
Mo Pacldc 10.400 4S 47
Nat Biscuit .... 20 136 136
National Lesd -. 300 62 62
Mcx N Ry 2 Pf-
N r Central ... 300 106 106
N T, Ont A We 3O0 41 41
Norfolk A West 2.2"0 107 106
North Am 1'0 71 71
Northern Tac .. 4O0 124
Pacltle Mall
Pennsylvania- ... 8.200 125 125
People's Gas .. 50 1(4 103
P. C C A St I... 20 05 05
Pittsburg Coal.. 1"0 21' 21
Prised S Car 1'K S2 32
Pull Pal Car . 100 1U0 ISO
Ttv fittol Soring., a .....
X2
67
4S
136
r.2
35
K'6
41
107
71
124
24
12.',
103
U5
20
X2
150
31
134
32
05
20
5M
41
SO
66
62
115
26
62
36
27
18
45
176
03
72
41
77
110
43
5
16
37
40
65
72
4
Reading 15.000
155 154
Republic Steel
do preferred..
R.k Island Co S00 20
do preferred.. ...... .....
St L A 8 F 3 pf 100 41
St L. Southwest
do preferred.. ...... .....
Sloes Sheffield - 1"0 52
Southern Pso .. l.ooo 115
Southern Ry . .. l'" 26
do preferrad.. 10O 62
Term Copper ... 3l0 36
Texss A Par ... 1mj 27
Tol. St l. ft We 10O 19
do preferred.. 6o 46
Union Pscllle .. S.7i0 176
do preferred.. 2H) 03
TJ 3 Realty ... 2K 73
71 8 Rubber ... 41
U s Steel 20.700 77
do preferred.. ....... .....
Ptah Copper .. 2"0 44
Va-Caro Chem 4. 1.500
41
52
114
2rt
2
36
27
10
44
175
n:i
73
41
76
'ii"
65
Wabash ...
do preferred,. 100
Western M d
Westing Eleo .. ......
Weste.-n Vnlon ......
Wheel A L. E ...
I.hi.h Valley.. 500
37 37
173 178
173
Total sale for tn day. iuo.zuu snares,
BONDS.
NEW YORK. April 12- Closing quota-
i"sV ref. 2 rg.l0l;X. T. C gn S. J
d? coupon ...101 No. Paclio Is... 70
t, J 3. g. 101 No. Pacific 4s... 0
do" coupon ...lolt nlon Paclfio 4al00
V. S. new 4. r..114,Wls. Central 4s. M
do coupon .. .HS:Japais. 4 .. S B
D. A R. G. 4. 3Bl
Meaey. Exebnngw. kMc
NEW TORK. April 12- Money on ealU
steady. tr2 per rent; ruUng rate. 2
per cent: closing bid. 2 par cent; offered.
'""VlmY loans, essy. 60 daya, per
cent; po daya, 2 per cent; six months, S
PPrlm." mercantile paper closed nt lf
ter'irngeexchange. flrm. with actual busl
nei. In "ankers bills at 14.8415 for 0-day
bills and at I4.M tor demand.
Commercial bllla. (4.33.
liar silver. 53 c-
Mexlean dollars. 43e.
oove-nment bonde. steady: railroad bonds,
Irragnlsr.
LONDON'. April 12. Bar gllvr Steady,
ltSI-ld rr ounce.
Money I l Pr cent,
Tb rate of discount In th open market
for short bills U 1 per cent;, thre months
kill. 2 per cent. . ,
SAN rRANClSCO. April 12. 6trlins on
London. t.S4; sight, $4..
Drafts sight. 2o ; telegraph. 4c
CHICAGO. April IX Fixchang oa N.w
Tork. 30o pr.mlum.
nr Tork Cotton Market.
NEW TORK. April 12. Cotton future
closed steady. 1 to 5 point lower. April.
14.47c; May. 14.67c; June. 14.54c; July.
14 51o- Auguat, 14.11e: September, lS.16o;
October. 12.81e; November. 12.74c: I pro
ber u.TSc; January. 12.00c; Mnrrh. lx.75e-
Co'.toa ea spot closed quiet, S points lower.
Middling uplands. 14.83; do ulf, 14 SOo.
Sales, none.
Stocks at Bostoa.
nnanTW inrii 1 Oloslnr auotatlons:
Allouea S3 A
l Monswa " J
, (Nevada Con. ... IT is
Nlplaalnir Mines.. 10tt
Amslg. copper..
. -7 T S Sm.. 24
Arlsona Com. . . lsi
I North iluice..... ;s
. nrlh .Ixllt o
A f l.ntl. S
B A C C S M. 11H
.lold Dominion... A7
lOsceola 103
Cli VArtoai: is)parrott (Si A C) 11
Cal. A Hecla...4 Qulncy 6.V.
lenicnniai j,..,...,..
r. -n r .-n. flow iSunerlor A
v O..... Cn. u. 11;
Sup A FM Mill.. 3
Snn A Pitta COD. I3
Franklin 0
Olroux Con. .... 6
Granby Con. ... SO
Greene Cananea. n4
I. .Rovale (Cop.) 12
Kerr Lake i
Ike Copper.... SI
La Fall Copper 4 .
Miami Copper... 184
Tamarack 38
U. S. S. R. M. 3
do preferred -.43
Utah Con 13
Ctsh Copper Co. 4314
Winona ..7,1
Wolverine 110 A
Condition of tho Treasury.
WASHINGTON. April 12. At th begin
ning of business today the condition of tn
United State Treasury was:
In banks and Philippine treasury! a'-J Jrii'r'?
Totsl bslxn. e In general fund 8-.'3iu5
Ordlnsry receipts ye.terday ,
Ordinary disbursements r-.T-ii
Surplus to date this fiscsl year... 'vi
Defii-lt at this time last year.... IB.ao-.iw-These
ngures exclude Panama Canal ana
public debt transactions.
WHEAT SHORTS EXCITED
KCX CP PRICK OP MAY 2 CENTS
AT CHICAGO.
Longs Then tTnload Heavily and tne
Descent Is Rapid Ilomestlc
Crop Xews Good.
CHICAGO. April ll.-'-Exclted buying ot
May wheat on the psrt of shorts today ran
up th price of that option nearly 2 cents
a bushel, but a violent break in the last
hour left only Wc nei gi.
son for the reaction was the discovery tnst
the advance had not stimulated to any .Im
portant extent th demand her for cash
wheat, ,
Speculative excitement In repard to tn.
. .. . .1 .1 . . -1 . i. m ... f nf
slay delivery couni-r.u ..-,....( ... -
th. sesalon the Influences thst would ordl-
.... ........ ... . n . M ... I .h nrlr. of WheSt.
nariijr ii... vr,v... . .
, - -i v i v m.riil nrnvrd
for example, 'in. trw. . r
a disappointment and closed unchanged to
a trifle lower, ionje.no
were good from all the experts In the field.
. ... .1.. ia,,A inv nutlnnlr ho.
.Milviiniwiuiiii . -- .
ever, many shorts becsme nervous at the
scantiness wun wnicn inn uM"o"
f,red In the pic Bids caused a sudden
bulge, lifting the price c above tha
Sgures current a week sgo Monday. At tha
advance, longs unloaded and the descent
wrss ra pin. uuruia -'- -- j "
from I7c to 9c with th. close nervou
c up st HUC.
Unsettled weather weakened corn except
U .. K . t n. nrth of wheSt had
. L iimca, wu-tm
overpowering effect. May f!uctuated between
4 . 54 C ana bwc, cimmi mmmnr. ae. "
at 4c. Cash grsdes were iirm. No. 2 yel
low finished at Ee. .
Oat for awhile advanced because of East
ern purchases at Interior cities. May varied
from lo to JJc and closed o oft, at
31 c
Packers took th. buying aid. In provtalon
and partly offset tha effect of a liberal run
of hogs. In th end pork waa c higher
to 11 o down, with lard and rlba 2 to lo
up.
Th leading future ranged a follow:
WHEAT.
Open. High. Low. Close.
Mav I .K S .89 -7 -I"1
July 8 . '?
Sept . .o-! .o
CORN".
Mav ' 41 ."'0 .41 .41
sept:.:.:: .61 .h .
OATS.
war.. m .11 -IU ?114
July 31 -Sl" .,u
Sept .alls
MESS PORK.
May...... 15.00 15.20 1S.00 1512
July.:!... 14.6 14.77 14.10 -14.7
LARD.
Mav 7.75 7.87 7.75 710
jmy m !!!? lliv.
Sept...... I. SW O.W- 71 i.e7B 7a
SHORT RIBS.
Mas.-..-.. -H S.45 S10
July : : : 7.o 1.02 7.o
lent 7.H7V. 7.16 7.5
8.41
1.00
7.
Klout- Slow.
Barley Feed or mixing. 70Oc; fair to
choice malting. tl.omyLlv.
Flaxseed No. 1 Southwestern, 12.41; No.
1 Northwestern. 2.i.
Timothy eed I1L764J12.
Clover fie.
Pork Mess, par barrel, $15.7191.
Lard Per 109 pounds. S7.7Sy7.77.
Short ribs Sides (loose). $7.607.82.
Hides 6hort, clear (boxed), 17.83 0
a7.
Grsln statistics:
Total clearances of wheat and flour wer
equal to 181.000 bushels. Primary receipts
(two days) were 497, OuO bushels, compared
with 286.000 bushels th corresponding day
a year ago. Estimated receipts for tomor
row: Wheat. 9 car: corn. IIS car; oata,
143 cars; bogs. 21.000 head.
Receipts. Shipments.
Flour, barrel 14,400 IT.loo
Wheat, bushel 68.200 7i.000
Corn, bushel 431.700
Oats, bushels 1J6.S00 s.8.500
Rye? buahels 4.000 .60
Barley, bushel H9.6O0 62.000
Grain at Baa Frandaoo.
SAN FRANCISCO. April - 12. Whsat
Steady.
Barley Firm.
Spot quotatlorn:
Wheat Shipping. L47150 per cental.
Barley Feed. 1L50; brewing, 1.52
1.65 per cental.
Oats Red, 81.SS91.47Vs per cental; white,
nominal: black. 1.30vL35 per centaL
Cull board sales:
Wheat No trading.
Barley May, L52 per cental bid, 81.50
asked. '
Grain Market of the Northwest.
TACOMA. Wssh.. April 12. Wheat Blue
stem. S54y86c; fortyfold, 84c; club, 8:1c:
rod Russisn. S2c Receipts Wheat. 20 cars;
oala. 4 car; bay, 1 car.
SEATTLE. Wash-, April 12. Milling quo
tations: Bluestem, 85o; fortyfold. 83c; club,
k2:: fife, 82o. red Russian, blc. Export
wheat: Bluestem, S5c; forty-old, 81c; club,
SOo; fife. 80c; red Russian, 7c Yesterday's
car receipts nuea-. x. e, oi ,
hay, 42: corn. L
Eoropeaa Grain Market.
. AtinA- a n 1 1 T - r.n.. firmer.
UO.., J " ' - - -
Walla Walla for shipment at 83a; sellers
firm, buyer quiet.
English country marfcata. steady; French
country markets, steady.
LIVERPOOL. April 12- Wheat May. s
8d: July, 6s 7d; octoDer, 6 io-
w oatner, ciouuy.
Minneapolis Wheat Market.
MINNEAPOLIS. AprU 12. Wheat
May. 4c: July. 95c; September. 89e;
ra.h. N-n 1 hard. 084k c: No. 1 Northern,
7eS8c: No. 2 Northern. S4H86c; No.
3 wneat. i.i?.aieaTfcc-
PRODUCE AT SAM FKANCI8CO.
Quotations Current In th Bay City Mav
acts.
SAN FRANCISCO. April 11. Th follow
ing produce prices were current today:
Vegetables Cucumbers, 76cytl.2&; gar
lic, 4S6c; green peas, 234c; string beans.
154uo; asparagus, (5ctL.60; tomatoes,
nominal; egg plant, 8rl0c.
Butter Fancy creamery, 21c
r.ggs Store, 17c; fancy ranch. 18c.
v newe iuuiii aihi ia.
Milaluffa liran. ;4t2; nudd lings. 833
fy 33.
Fruit Apple., choice. 81.25: common. St:
Mexican limes. 15 5.50; California lemons,
choice. S3; comruou. $1.25: oranges, navel.
75c$2; pineapples, 130 3.60. .,...
Potatoes aallnaa Burbanks. 82-4092.50,
Oregon Burbanks. $1 856 2.25.
Onions $2.406 2.65. '
Hsry Wheat, llrl4.E0 per ton; wheat
. . r. ..t. (ami
ana oiu, ivem i-..,. .ovv.
Receipts Flour., 2630 quarter sacks;
wheat, 145 centals; barley. 4506 centals;
potatoes, 2780 sacks; bran, 730 sacks; mid-
ullugs, lie ssca., umj,, -
Wool at St. Louis.
ST. LOUIS. April 12. Wool Unchanged.
Territory and Western mediums. 19622c;
fine mediums, 1618c; fine. 12 & 13c
Dutnth Flax, Market.
Dulnth. April 12. Flax on track and to
arrlvi. $X68; Mar. 82.M kid; July, 82.52.
nominal.
TOP1 STEER 'PRICES
Prime Quality Brings $7 at
the Yards.
MARKET FIRM THROUGHOUT
Fine Cattle Brought In Over the New
Harrlman Deschutes Ivine.
" Big Sal of Sheared
Limbs.
th. market yestar-
rnme aicera .
day at 8". Two load of sirlctly flrst-clas
quality, .hipped In by McKtnnon A Chand
ler, of La Grande, were sold at that figure.
. j . i k -w. TV Brown, or
jnree io. . --- .
Trout Lake, and brought In by Georga Dixon,
old t $6.a They were tne r
shipped from that district over tho new
Harriman Deschute line. AnOfhcr Import
ant sal waa a big ouncn 01 iw
-80- . , . ,mrn nart In
urn ai.u i-. j . . -
the day business. Two lot of sheared
lambs, aggregating 10.4 neao, DrouB..v v
Sheared yearling wether went at 4-75 and
sheared wes at $4.
R.e.ints for th dy wer at came.
1447 aheap and 57 hogs.
Shippers of the stock were: Fred McAl
lister, of Madras, four ear of heep; Frank
Wren, Marysvllle, CaJ., on car ot lambs;
J. C. iravls, Shedds, one car of hogs and
t u . i . . i-nnitnn. one car of
cattle' and ifogs; H. R. Peacock. Nampa, two
cars of cattle; McKlnnon .nnoiti. -(irande,
three cars of cattle: P. J. Brown,
Baker, two cars of cattle: T. Bewlitt. Baker,
two cars of cattle: George Dixon, Cati-way.
three cars of cattle, and b. . it. si,
Shanlku. seven cars of cattle.
The day's sale wer aa follows:
Weight. Price.
OS .leer. -11 86.aO
104 lambs
fii yearling wethers. ..... ...t. . J.
is wc. . ..... u ....... .. 122 4.oo
J23 Vecri -I.... ....J ,7S
S :::::::::::::::::::::: s5 ?:S
388 steers 1W
7 steers J'"
27 steers H4S ;?
22 hows .35" l '"
27 steers , . I'hj 6.25
27 steer MOO 6-
i ro 850 4.00
1 cow .. 30 4.00
i cow
3 cows M- o.io
4 cov. -00
330 7.00
910 sheared lambs 0 -JJ0
5 ewes im t -
2 horses, chunks, each 175!f?
1 chunk ' -'25.00
Price current on th various clnsses of
stock at . th Portland Union Stockyard
were a follow: '
Prim steers $6.50987.00
Choice steers 0.25'i 0.50
Good to choice steer ...v 5.76 'it 000
Fair to good steers 6.DOW 6.75
Common steers 4.751 6.00
Prime cows 8.50r-B-00
Good to choice cow 6.00 6.-5
Vnir tn v.wiri cowa 4 . 7 5.UO
roor cow ; 4.0OW 4. 50 I
Choice heifers 5.50W 6.7j
Choice bulls 4.755S 6.0O
Good to choice bulla 4.50(oi 4.7o
Choice light calves 8.60'is 8.75
Goad to choice light calves 8.004 8.50
Fair to medium light calves 7.501J 8.00
Choice heavy calves 5.60 i 6.00
Fair to medium heavy calves.... 4.7C 5.00 '
Choice tags 5.25'ui 5.ro i
Good to choice stags 4.30 6.00 .
Fair to medium stags.' 4.00 4.50
Hoes . )
Cholc hog 7.70 7.75 .
:holce hogs 7.7ifg 7.ci .
Good to choice hogs 7.5is 735
Choloe to heavy 7.25'(p 7. 50
Good to choice he&vy 7.00 7.25
Common 0.50'l-7.U0
Stock hoes 8.O03 8.25
Sheep ,
Grain-fed wethers, heavy 4.5i1y 5.00
Choce young wethers, grain-fed. 5.00 6.25
Old wethers 4.00'rt 4.50
Good to choice shorn wetbers... 4.259 4.50
Choice ewes, grain-fed...., 4.50,d 4.75
Fair to medium ewes 3.75'sjl 4. On
Good to choice shorn ewes 3.75 4.00
Choice wool lambs, grain-fed.... 6.60(tp 5.75
Good to choice wool lambs, grain ,
ted o.zo VP o-iHi ;
Choice shorn lambs, grain-fed... 6.254 5.40
Good to choice shorn lambs, grain
fed 5.00W 5.25
Fair to good lambs, grain fed...-. 4.75$ 6.25
Culls 2.50SJI 8.50
The following quotations represent prices
on thl market for the different classes of
horses: Drafters, extra heavy, 1300S500;
drafters. J 400 to 1700 lbs.. $150"? 350; draft
ers, 1200 to 1400 lbs.. $100la250; chunks.
8809150; plugs, $10ty40: driving horses, 875
and up; saddle horses, $60 and up.
Mileage Livestock Market.
CBICAGO. April 12. Cattle Receipts es
timated at 11,000; market slow and steady.
Beeves, f 5. 15 6.70: Texas steers, $4.40$
6.65; Western steers, 34.60&6.75; stockers
snd feeders, $4j?5.75; cows and belfers, $2.60
05.80; calves. 57
Hogs Receipts estimated at 23,000; mar
ket slow. Light. 86.13tr6.55; mixed. $0.05'
6.50; heavy. 15.75&6.30; . rough, 15.754,6;
good to cholc heavy, $006.30; pigs, $0,150
0.5O; bnlk of sales. $6.106.35.
Sheep Kecelpta estimated at 18.000; mar
ket slow. Native. $3&4.0; Western. $3,159
4.10; yearling's. $4.4093.50: lambs, natlv.
$4.75o.3e; Western. $4. 76 6.25.
Metal Market.
NEW TORK, April 12. Standard copper,
weak; spot, April, May, June, July, 11.05
11.76c London, steady; spot 453 12s 6d;
futures, 54 6s. Custom-house returns shove
exports of 6410 tons so far this month. Local
dealur report a full and easier market for
copper. Lake. 12.87 12.50c; electrolytic,
12.12tt012.37Mc. and casting. 11.87 Si 12c.
Tin, firm; - spot, 42.16ii42.30c; April,
42.12Vse42.16c; May. 42.17 i 42.26c: June,
41.50441.75, and July, 4141.60c Sales. 10
tons April at 42.15c - london, firm;, spot.
191; futurea 1189.
Lead. dull. 4.4504.50c New Tork, 4.259
4.3(c East St. Louis. London, 12 18s Sd.
Spelter, firm. 6.4506.66c New Tork; 6.35
&5.40c East St- Louis. Sales 50.000 pounds
spot East St- Louis delivery at 6.36c. London,
23 15s.
Antimony, dull; Cooksons 89.60c.
Iron Cleveland warrants. 46s10ttd jn
London. Locally Iron was steady. No, 1
foundry Northern, $15.75916.26; No. 2
Northern, No. 1 Southern and No. 1 South
ern soft. $15.50 16.
Chicago - Produce Market.
CHICAGO. April 12. Butter Steady.
Creameries. 1421c: dairies. 1313 '4c.
Kxga Receipts 23.611 eases. Steady at
mark, cases Included, 13H14c; firsts, 15c;
prim, firsts, 15Vc
Cheese Steady. Daisies, 14He; twins,
12 4 18c; Toung Americas, 18itfl4c; long
horns, 134140
Coffee and So gar.
NEW YORK, AprU 12. Coffee future
closed Steady at net advance of 1 to 6
points. Sales were reported of 83,250 bag.
Closing bids: May, 8.09c; June and July,
10.02c; August, 9.94c; September, 9 85c; Oc
toerT4qoverrierPOe . ;
Working for bitnlithic pavements
every time the chance offers itself to
say a good word brings to one that
same sense of satisfaction that nat
urally follows doing a kindly act to
ward an individual.
lumbermens
National Bank
CORNER FIFTH and STARK STREETS
PORTLAND, OREGON
Capital
UNITED STATES
Merchants National Bank
Established 1SS8.
Second and .Waahlncrton Streets.
FORTI.AKD, OKBGOIf.)
Capital and Surplus $350,000.00
Th- Man-hints National Bank o!lclts the business end cordially tn
vltP tho account of Individuals, Firms and Corporations. feoUnir
ni1fe that the unexcelled facilities and thorough knowledge of local
S L'h caufred duri our twenty-five years of banking experience
render rffloni oncl established, permanently agreeable and mu
tually beneficial.
R. L. DURHAM, President. M. L. HOLBROOK Vice-President.
GflO. W. HOTT. Cashier.
S. C. CATCHING. Ant. Caihier. C. DETERING, Asst. Cashier.
LADD & TILTON BANK
Established 1859
Capital
Surplus and Undivided Profits.
T.rrora nf credit, drafts and
able on all parts of the world.
Corner Washington
First National Bank
Capital $1,500,000
Surplus 750,000
Oldest National Bank West of the
Rocky Mountains
.5c; January. 8.66c; February, 9.68c, and
MSoht coriet quiet: Rio No. 7, 12c; Santo.
No. 4. 12 13c Mild coffee, quiet; Cordova,
13iei5?c nomlnaL
Raw sugar, Ann; muscovado, .89 test.
8.S6c: centrifugal. .86 test, 6.86c; molasses
sogar, .89 test. 8.11c Refined, steady.
Dried Frolt at Now Tork.
NEW YORK, April 12. Evaporated apple,
inactive, nominal, but th undertone la firm.
On the spot fancy quoted at 14c; cholc.
13 He; prim. 13c.
Prunes, In 'good demand; quotation irom
84 13c for California up to 80-4O and
11 13 fee for Oregon from 80 to 30s.
Peaches, firm, with better demand; choice,
TttOHic; extra choice, 7fc8?4c; tancy,
S'Adc
TRAVELERS" GULUK.
EUROPE 1911
' Vacation Tours $150 to $800
Variety of Routes.
Programme free for the asking.
TH0S. COOK & SON,
689 Market St., San Francisco.
Cook's Travelers' Cheques good all
over the world.
San Francisco, Los Angeles
and San Pedro Direct.
North Paclflo S. S. Co a S. Roanok
and B. S. Eldir aall every Wednesday alter
nately at 6 P. M. Ticket office 132 Third
t-, near Alder.
MARTIN J. HIGLET, Passenger Agent.
W. II- BLUSHER. Freight Agent.
fhone M. 1S14. A 1314.
SAN rRANCISCO lOKTL.VNI) 8S. CO.
, New ervlce to Loa Angeles via San Fran
cisco every flv day.
From Ainsworth Dock. Portland. 9 A M.
B8 Rob Cltr April 8. Beaver 13, Bear 18.
Prom San Francisco, northbound. 12 M.
89 Bearer April 6, Bear 11, Rose City IS.
From San Pedro, northbound, i M.
8S Bear April 9, Rose City 14, Beaver 1.
H. 3. Smith. C. T. A.. 14S Third St.
NEW YORK PORTLAND
REGULAR FREIGHT SERVICE.
Low Rates. Schedule Time,
AMERICAN-HAWAIIAN S. S. CO.
215 Railway Exchange Bids'.
Portland. Or.
Main 8378. ' A392i-
COOS BAY LINE
HTEAMER BREAKWATER sails from
Alaska dock. Portland. A. M. every
Wednesday until May 1. Commencing May
ISA M-. every five days. Freight received
at Alaska dock urt I S V. M. lai!y. P-.s-iengerfare
nrs'-:las. $10; second-class, 7.
lncludlnir meal and T-erth. Tickets on sale
aa Ainsworth dock. Phone Main 268, A 134.
i
NEW ZEALAND AND AUSTRALIA
(Union line ot N. Z.)
VIA TAHITI AND WELLINGTON
Wrect through steamers, sailing from San
Francisco, May 3. and every 28 days. Wcll
lnaton and back. 1st class. 1204. Other rates
also low. . The line to Isles of the South Sea.
For reservations see Coupon Railroad Agents,
or address Oceanio B. 6. Co San Francisco.
$500,000
DEPOSITARY.
..-....$1,000,000.00
700,000.00
travelers' cheeks issued, avail
. . ,
and Third Streets.
TRAVELERS GCTDK.
Across the Ocean
Palatial, modern steamers
with every comfort and
convenience. Wireless anoj
submarine signals.
Traveler' checks.
NORTH
GERMAN
LLOYD
London
Paris
Bremen
Meals la cart
without extra
charge.
Gibraltar
Algiers
Naples
Genoa
Express aalllns to London,
Paris and
Bremen every
Tuesaay.
Kaat mail steamer to Lon.
don, Paris and Ureinen etary
Thuradny.
Mriuu-rranean Forts every
Saturday.
Baltimore- Bremen, one clew
Cabin ateamerivedneadays.
Atonnd-tne-World Tilps,
aia.
Connection for
Egypt and Far
East by Com
pany' at cam
era. OEUUCBS A CO, Cea. lata. 5 Broadway, Hew Tork.
BOBKRT CtPKLLR, i. A. P. C.
San Francisco, or Local Agents.
AMERICAN .
WHITE STAR
RED STAR
ATLANTIC TRANSPORT
WHITE STAR DOMINION
Canadian Service ,
Co.'s Office, 619 2d Ave., Seattle; or 0.
W. Stinger. 254 Mash.; A D. Chart
Jon. 235 Mor.j K. K Johnson 143 id
tr F Balrd. 100 3d; Vald. Udell, 2
N Sth; H. Dickson. 12i 8L
MIMM PABIFOC
STEAMSMDIPS
.Th Tourist Highway
and
Scenic Route to Europe
via
The St, Lawrence River,
the
Shortest Ocean Passage.
Less than Four Day at Sea
by the
"EMPRESSES OF THE ATLANTIC
Weekly sailings Montreal. Quebec, to LU-er-nool.
First cabin, 0; second cabin. S4T.5(:
third cabin. $30. Ask local agents, F R.
tnhnson. O. A. 142 Third St.. or J. J.
ForT. P. A. C09 First Ave.. Seattle.
EUROPE
Tours do Luxe
(Limited to ten members.)
Including Coronation festivities in
London, June, 1911.
Other Tours Hawaii, Japan, Around
the World.
TH0S. COOK & SON,
6S MARKET ST, SAN FRATVCISCO.
COOK'S TRAVELERS' CHEQUES GOOD
ALL OVER THE WORLD.
V