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About Morning Oregonian. (Portland, Or.) 1861-1937 | View This Issue
But Good Yield Is Promised
This Year in Oregon.
CALIFORNIA. -ALSO LATE
Loral Market I Firm and Stocks of
Old Hayf It Is Believed. Will B-
Entirety Cleaned Cp Ship
rofntf From Valley.
Th local hay market t firm, with the
tfmaad act Ira rad-Rocka c.aa.n up wall.
Prices ihiMr ao asatartai chance from Jaat
vmx. VaJUjr ahtppava ara ao4leff tn Kay
at a faar rata an4 thm Tallay will ba ao
tlratr ctvana no tn tha ant SO days.
I Tha yraaaacta ara for rood yield at bay
iff Orvfon thla yar. bat tha crop la bark
ward all ovr tha at at a. Tba r round la la
eod rood tt ton to hold aatatnra. bnt warm
rain now would bo VanaflclaL la Eaatcra
Orra thr ts plant y of snow la tha fmrt
hllla aad tha faraatra thtra ara confldc&t
of a full crop.
Bay crop proar4 la Cattfnmta ara ra
portad by Scott. Uifnr A Millar. of.Saa
rranclacov aa follow:
"Our advlca from tha country ara that
thay nad rata In moat aactlono and that al
though tba caopa look wall thay haTa irary
ItttJo arowth. Farmcra ara claiming
vary abort crop aad eonao,unt)y thoao who
hold hay of tha last crop ara aaklna mora
money for It than they hava baa for tha
pa at AO daya. Krea with tha advancad tg
araa la tha country wa noto several aala la
tha paat wrck which hara ba ma da at
prk-aa on a hlhar caala than tba San Praa
ctaco markat, which would lndlcata that tha
parcbaaers oxpact a rUa In tha market
Thr has practically beaa no export
trad daring1 to wtk and very Uttla da
mand for alfalfa, aa atock ta feed In e off
Th market In thla city contlaoea alone
about tha aaraa. Thar has bean fair In
quiry on tba market, although trade about
town, wa think, la lighter than wa hava
irfr Kfn It heretofore and If, tha racelpta
wre any larger It wojld ba almoat Impoav
ibla to mora lhm.w
Tha wheat market was very strong yea
terday. Still higher prices wera quoted
In Puget Found advices, binaatem selling
ther at 93 S cent and club at 87 H cent a
In the local market no change waa made
In tha prices quoted, but sellers asked
more. Oata and barley5 ware quiet aad
fir a dr.
Local receipts. In ears, war reported by
tbi Merchants Exchange as follows:
Wh-at Barley Flour Oats Hay
if on day fij 1 21 1 24
Tm.Uy Jl . . 10 5
Tear ago .... M l 3 a 10
Beaton lo datell.l.Tl AID Jos 21 3U9
ear ago a.Ht 1-133 175 10tU 2o3
Foreign crop conditions, aa summarised
by tha Liverpool Cora Trade News, ara aa
United Kingdom Thero hara been gen
eral ahowera during tha week, wtc-h hava
ba very bnruual. aa the land was very
dry. eupp;s of native wheal ara vvrv
France Tha outlook for tha Winter crops
1 ertfa-tory. The Spring crops ara being
affected by dry weather.
(Germany Tha weather Is too dry for tha
growing crop. Buying of foreign grain la
betng dona on a generally liberal sale.
Hungary The eropa are a offering fnr want
of mmattir. Uaaubtan wheat la being boagbt 1
very frevlV- - j
Kournanla Tha outlook for tha growing I
rop is favorable. It la claimed that re- !
arvea of wheat are very light.
Ruaata In tha southeast tha weather Is I
fine and the crop outlook favorabla. Tha
markets are quiet.
I:iy According to official advtcaa tha i
crop outlook ta favorable. The weather la j
FpaJo Crop reports are mora favorabla
th wvather now bing wirma; aad fine.
North Africa and Buigarla "fhm crop out
look la favorable.
India Harvesting la being hindered In
soma districts by tha plague, else where tha
cot took ta satisfactory.
Belgium and Holland The crops ara suf
fering from drouth.
XAVEL OUXCE StASOX CLOSIXa .
Artl. Urmud ajnl Iras Twitwm Mark tb.
Eaal ut th. NntsMai.
Tha nr erans araaoa la comlnc ta a
cloa. with aa actlva dsmand and Arm
niarfcata aa tb. Coast. Adrlcea from Los
Ana.Ira. datrd April 23. sx:
Tb d.mand la varr actlra for rood na
m'.n la ail mar&sta aad bursrs ara arilliaa:
t par tha prtc for thla class of fruit.
Flrst-ctas ana sr. btronlnc mor. aaI
mora acre and tha mark.t has ptcksd up
battsr than msnjr pwpi. anticipated. Tha
total shipm.iria to , dat thla Mason ar
S2.6iH cars, as avainat 13.VC1 cara la tha
aarn. period last acasaa.
!aretal aMdllncs. tit. Xlrbaela and Valen
cia, sr. nosr showlns up la th. markets la
considerable quanlltjr as a result of tha
cleaning up of th. nais la aianjr districts
and from noar on ahipmenta of theaa vart.
tiea wtll co forward In considerable volurua.
A few navels are still coin forward from
th. Redlanda district, but moat hou.es ara
bow working oa 8l Michaels, sweets aad
sdnca. A shipment of 200 boxea of
Valenclas want from Re.llan.la to 8aa Fran
ctaco last tlt for loadiac oa a rtcaraar
bound for tha Philippine.
Ther. la an unusually heavy cfopi of Va
lenclaa In tha Carina district aad tha rrew
era report that th. fruit la nearly ready .for
shipment. Tha Edmund Peyrka Company
arv snippmr .airncias rrom inelr packlna
houses at Whlttler. Covins aad Fullerton.
th. navels belna alf shipped. In- another
week h. Covlna Oranc. Growers Associa
tion will wind up their aeaaua on navela.
The park will amount ta around loO cars.
- Th. Irwtndala Citroa Asosclatloa wtll ba
practically wound up on navels at tha nd
f this week, with aboat 370 cars ta their
Th. orans-a packlnc-housa at Bloomlnrtoa
baa cloaed down for about tea dara aft or
which It will aaaln b. opened for th. hand
line of tha later vartatlea of oranges, prin
cipally sweets and Valenclas. It Is thought
that about Dve weeks rua will clcaa up
DEALERS TRYING TO MAKE CONTRACTS
BeweaUewa aad Tw. tlfWaa Offared In
Hops lor Tar. Vsarw.
No further business ta the bop contract
market was reported yesterday, but moat
of th daerS wera ta tba market at IS
cents for this year's crop. A Salem dealer
Is trying to seen re three-year contracts at
IT cents for tha first year and IS cants for
tba two fallowing years. '
W. H. at H. Leatay. of London, write as
follows: "The bop markets of tha world ara
extremely strung wltb a rising Tendency.
Stocks everywhere ar th smallest oa rec
ord, and consumers ara taking even th
lowest quality old hops- to eke "out their
atocka until aaothsr crop . can b put upoat
Beer production In Great Brltala for tb
year ended September SO, 1910. waa 34.312.
114 barrels, as against bi. 107,1 17 barrels
during tha preceding year. . Tha 'quantity
of bopa consumed ta th productloa of th
above Ss.U3.Sl . barrels waa 61.Taa.TlrS
pounds, or at tba rata f l.TV pounds par
barrel, as against gl.423.sau pounds, or at
tha rata of i-eo pounds par barrels consumed
during tb preceding year.
BIO DEMAND IDl aTBjaw.-tas-w.Twi.
Straight Cartas Arrrvsa xrxa La Aagslsa
Crystal Waa Oaluaa.
A full car of Los Antf.We strawbarrtas
waa put oa sals yestarday morning. Tba
fru:t waa ta f'.ns condltloa mad sold at
ll.TS9t.i3 per crate. Tha demand was
brisk and by avaaing only a few stands of
berries war left unsold. Th naxt car from
Xos Aagalea will arrlv Friday. -
Ther waa tb usual small supply at
Florin bet r lea. which sold at 1173 per crate.
Tod ay' a receipts from Florin will bo larger.
A car of Crystal Wax onions was received
from Texas aad put on sale at $2.35, A
car of yellow Bermudas la duo from Coa
ch alia today, aad they wlU aell at S3 per
LOCAL RF.CEI FTS OF HENS ARE LARGE.
With Laytas fteaawa Closing. Conn try Ship
pers Ge Basy.
Tha market la becoming overloaded with
hens, and salaa ware made yesterday as
low aa- Id cants. Springs waVa In small
apply and sold at SO cents. There was a
good r demand for young ducks wt 2 92?
coat a. but old ducka wwro weak at 22 oents.
Eggs were firm and unchanged at
cents for candled and lv cents offered
for cava count.
The demand for veaj was better than for
evvora! days and the market fjvaa quote,
firm at 11 oenta. Pork was steady, but
hay ara expect lower prtcee hoc ansa of tha
weakness at tha yards.
Thero war ao new development la' tha
butter or cheeoo markets. '
MOHAIR IS TASKH AT 17V4 CETS.
Holders la th. fMatrr IHp-lng f Their
Holdm of mohilr la th country axj dls-
posing of their stocks at a rapra rote. v
oral large ahtpraenta wera received yester
day by Hannaa atetager. who quoted tba
mark.t' firm at S7H casta. -
Valley wool la also coming ta mora fraa
lT. oaa ahlpmaet of a carload Btn ta
clrrd ytrl.j Last wrk priM ara
Bank claring of the XorthwMtern eltlea
ymwdt; ra aa follows:
Crals. Floor, reed. Etc
WHEAT Track prlcaa: Bluetm. Jc;
club. 7c; red Hussian. tic; Valley. S7c;
"BAKLET Tbolce feed, tn P" ton.
MitiJiTL'yFa Bran. 1:1 lS'l per ton;
middlings. shorts. roUed barley.
rLoLR Patents. S..B5 per barrel:
straights. $!..; fi ports. 1 ; Valley. .8;
rraharn. 14. ao; wnoia wneai. e
CORN Whola. ; cracked. S3 par ton.
OATS No. 1 wLlte. tlii i0 par ton.
MAY Timothy. Ksstern oreron. No. I.
$:i.J0iiJ: light mixed. Ilka 20: heavy
mixed. 17.t& 1.J; alfalfa. SMtflS; clo
var. slirjotlxju; grain bay. ,liJ0UH.i-
aegeablea aad Fralta.
SACK VKOETABLEjJ Carrots. tl.2Z9
l.io per sack; parsnips. ILU.M; turnips.
elglvv; beeta Sl.oO.
TltuPlOAL KltUlTU ursnges. Ji'm
pr box: Csllfornia grapefruit.
UwXU: bananas. &UVC Der pound; put'
apples, 0'uc per pound; lemons, aa.du.
taneerinea 11. 7& far box.
FHK.SH VRLIT strawDemra. nr.
$2. per crate; loe Angelea $1.7J1.S per
crate; apples, fancy. Httl.W. cnolca. i
si l.&s: commons, lecbfi Par nox.
ItiiETAilLES A.i'aracus. lln'1.75 per
crate; cabbage, new. ts per bunuredweignt;
cauliflower. tl.M4fl.ai per doxen; celery,
California. wu1mc per doxen; cucumbers.
por dost.n; eggplant, 1 io per lb.
garlic, iwillc per pound: Utture, fioc per
doxen: hothouse lettuce. $!.iouI per box
peaa. Strlle oer pound: peppers, 313
per pound; radishes, lec per doxen: rhubarb,
xb,Sic per pound; sprouts, uc; tomatoes.
1 u J 2i.
POTATOES Oregon, joocmg price. i
per hundred; new potatoes, itfio par
U.MU.xx Jobbing prici: Oregon. sb.bv
per 100: Austrslian. fS-Cu per W0: Texi
ti.2i per crate; California, 42 per crate.
Dairy and Country Prod oca.
POCLTRT Hens. 16c: broilers, 0c; tur
keys. 3uc. ducka, 2W7c; geese, nominal
dressed turkeys, cbuice, kac
Kiiii s orison ranch, candled. :oH:i pay
aosca; case count lwtoc per a oxen.
Cllktui; Kull cresaa. kwlna Ij par 10.;
Ytyung Amsrlca, 14c.
BCTTa,K:ity creamery ex era. i aad 2-
pound prints. In boxes, Xic per pound; less
t&sn box Iota, erartoas and delivery extra.
1UKK ac. lUwleso par pounJ.
VEAL r'sncy. bj to 1-i pounds, lotjllo
brKlAu a-aautiB rtitto, per
JAPAN ORDERS WHEAT
GRAIN MAUKET IX THE NORTH
IS riHM. ' .
Apples Are Scarce and Quoted High
er at Seattle Receipts or
SEATTLE. Wssh . Msy 3. (SpeclaL)
Owing to tb scarcity and th bruk demand
for apples, tha prlca of tha best varieties
advanced as high as SJ-V) per box. Kxtra
faary wlnesapa and Arkansas blacks are tha
varieties held at th high figure. Even
Bea l'svls were held as high as .iSO.
New potatoes wer. lower at A to T
cents. Tha supply waa qulta heavy. Old
potatoes wer. bsrelv steady. They war
quoted from 4S to V per ton
A small lot of riorlda eggplant reached
tha street. Tha tomato supply was light and
fancy stock sold freely at (3.90. Tha aupply
of lettuce waa larger and tha prlc lower
wltb SL. 50 th top.
L4v poultry does not mov ss briskly
today as It has for soma time. Egga wer
In better demand. Ltfct shipments from
country shippers to consumers s re drop
ping off. Most sals wer mad oa th
basis of S4 cants.
Tba butter market was moderately firm.
Dealers do not look for. any lower values
Wheat was firm. Japan Is sgala taking
Northwest wheat. The demand has been
stimulated on account of the fart that ths
new tariff Increasing th. duty becomes c.f
fertlv July 1. A prominent- grain dealer
stated today that not to exceed a.ooo.tHio
buehela of old whest still remslns In the
PRODl'CB AT SAX FRANCISCO.
it lar tba
Bay City Mar.
SAN FRANCISCO. May J. Tha follow
ing produce pricea wer. current today:
Vegetables incumbers, 7tcid$l.l; gar
lic 4J0c; green pea. 10 3c; string beans,
lvfcfSoc: asparagus, 7Fce$1.75; tomatoes,
nominal; ecg pant, 10015a
Butter Kani;y creamery. 23c
Eggs Store, lAyc; fancy ranch 20 Vic
Cheese Young America, llit13c
Fruit Apples, choice, 4-'. common, $ l.?n ;
Mexican limes, lliuty.', ; csllfornia lemons,
choice. II It; common, !Ls; oranges, naval.
Mlllituffg Bran. S240ST; nslddlings, SJI
May Wheat. SU913.S0 per ton: wheat
and oats. Mo-11: alfalfa. rlL
Potatoea Salinas Burbanka. SJ.I.0S; Ore
gon Burbaaka. Il.40tjl.76. .
Racelpta Flour. StlTS quarter sacks;
wheat. (274 rentals; barley 2U1T centals;
oats. 2T centals; potatoes, 822S sacks; bran.
S3 sacks; middlings. IS sacks; hay, 60 tons.
Coadltloa of tha Treasury.
WASHINGTON. May X At th beginning
of business today th condition of th
Inlted Statea Treasury was.
Working balance In Treasury irf.ono.43T
In banks and Philippine treasury. el.0n.Y41l
Total balance In general fund.. SS.C-'a.ilM1
Ordinary recelpta yaeterday 1.0f.o 322
Ordinary disbursements I,7.u.i0
Hurplus this fiscal year t data.. 8H2.216
Deficit this tfma last year I.7u32:
These figures exclude Panama Canal and
pubilo debt transactions. ...
Eaglieh Bullion, Movement.
LONDON.' May . Bulllca amounting to
14SOOO waa taken Into tha Bank of Eng
land oa balance today.
Duluth Flax Market. '
M'LtTTK, May J. Flax oa track and to
arrlv. S2.S1; May. S2.Su: July. S2.Su,
nominal; September. S3. 10 bid.
nope at New Tark.
NEW TORK. May Hope Steady.
Lo Angelea.- May & Arrived Governor
from Pugct Sound: Roma from Portland:
Toaemlt from Columbia Rvar. Sailed
George W. Elder for Portland: Tellow
stone for Columbia Klver; Crescent for Puget
GROWERS ASK IVIQRL
Sheepmen- Insist on Higher
Wool Prices. '
In Ctab, rp to 14 Cents Is Demand
ed Cor the w Clip Bottom
.. Figures on OId"W'ooJ
nOSTON. Msy 1. Th wool market vhas
ssaln lapsed Into quietness, sales balug for
the most part tn small lots of scoured wools.
Valuos ara steady, at what holders regard
as bottom figures. Fleece : wools show no
Improvement, one-quarter Ohio selling at
21c. with Michigan slightly lower. A fair
amount of territory la moving la original
escks at 17c to 18c Clothing territory
wonrr.1 Mils at 44a. to 4SC for BO anu
for tnn medluma
Reports from th West lndlcata rising
nrlces for th. new clln. Vtah ahearera
h.v market tin their ruodl from U S t
14c and Nevada growers are foliowlnr. Tha
landed scoured cost of th new wools
sstlmated at 46c to toe
Pulled wool continues dull and weak.
Texas Fine. It months. 47l3 4.Sc: fln.
six to sight months, ltfte; Bus Fall. 4)
California Northern. 47 650c; middle
county. 4iH7c: Southern. 4to bid; Fall
free. 40c bid.
Oregon Bastern No. 1 staple. S1 11 Sac;
Eastern clothing. 4S0c; Valley No. 1
Territory Flna staple. tJtJSic: flna me
dium staple, tiniJc: r.na clotning, i.u
4Kr: fln. medium clothlna. 4&44c: half'
blood combing. 50f:c; three -eighths blood
combing, 4Sic: quarter-oiooo comoing.
Pulled Kxtrs. tog lie; tin A 4stJ50c
A supers. 44 v 48c
Wool at 84. Louis.
ST. LOl'IS. Msy S. Wool. dull,
and Western mediums. 15S?17c;
dlums, 13tjl5c; fine. Ilil2c
New York Cotton Market.
NEW TORK. May 2 Cotton futures
clotted es.v. 2 tn 14 nolnts lower.
May. S.I.ZHC! June. i; i.-ic; juiy. ionic;
Auk-ubl 14.2c: September. 13.tVc: October.
l.t.luc; November, lll.illic; Hecember. 13-Ouc;
Janusry. 12117c; March. 13.07C
8 pot closed quiet. Miduplands. lS.trjc; do.
Oulf. lo. iOc bales. 2'JU Dales.
REACTION III STOGKS
INDICATIONS OF AX OVER-
Coalers Are the Only Exception to
the Backward Tendency Bonds
Active and Firm.
NEW TORK. Msy 2. Following a n-eek
of almost uninterrupted advance, the stock
market today became mildly reactionary and
gava Indications of an overbought condi
tion. Just ss for weeks before It bsd shown
Prices receded qulta generally through
out tha list of speculative stocks, although
In most Issues a larga part of recent gains
Marked exceptions to th. backward ten
dency of today's market were th coalera,
particularly Delaware at Hudson and La-
high Valley, both of which advanced shsrp-
My as a result of th report that these and
silled concerns ar considering reorganisa
tion of their coal properties attr th man
ner of tha XJickawana.
Bearish sentiment was fostered by the of
ficial statement that tha orders . of th
United Htates Steel Corporation during April
averaged about 14.000 tons a day less thaa
In tha previous month and wr th lowest
of the year.
Soma of th local banks wer agala ex
tenslv. buyers of bonds for Western cor
porations. The plethoric supplies of money
In thst section have almost reached the
point of embarrassment and may be ex
pected lo tin further stimulus to th mar
K Bonds were active and prices Srm. Total
aaies. par value. 11.731.000. United States
bonds wers unchsnged on call.
. CLOSING STOCK QUOTATIONS,
Allls Chal pf .. luu
Amai Copper .. ft.HoO
Am ASTIfUlt .. 4'
Am licet Sugar.. 2 4 1
American Can.. 1.ohi .
Am Car A Fdy. . S"0
Am Cotton Oil.. 13.700
Am Ha a i.t pr
Am Ice becurl..
Am Llnseod .
. 23 X
Am Smel A Kef.
Am 8teel Fdy.
Am hurir Ftof..
Am Tel 4 Tel. .
Am Tobacco Pf
Am Woolen ....
Anaconda M Co
Atchison , . i . .
Att Coast Line
Halt A Ohio . . . V
Bethlehem Steal ' 4'X
Brook It Tran.. " 1.70O
Canadian Pac .. ll.txx)
Central Leather 200
do preferred. .
Central of N J
Che. A Ohio ...
Chicago At Alton
C'lil Ut West . .
do preferred. .
Chicago A is w
C. M St Paul.
C. C C at St
Col Fuel A Iron
Colo A Southern
Consol Oas ....
Corn Produc's ..
Del A Hudson..
D A R (irande..
do It pf ....
do 2d Pf . .
General Elec ..
C.t North Pf .. .
. 0O IMS,
(KSJ ,. 120
100 . 4IS
3oo 13 e
200 .14 n-
OtlO 107 4
T.:oo 43 s
2. 11") 73 S
Ot North Ore .
Interbor Met v. .
Inter Marina pf
Iowa Central . ..
at C Southern..
101 104 4
Laclede Uaa ...
Louis A Kash .
Minn A St L . .
M. 8 P A 8 H M
Mo, Kin A Tex.
Mex N Ky 2 pf
N T Central . ..
N Y. On tA Ws
Norfolk A West
North Am '
Northern Pao ...
People s uas . ..
P. C C A St L..
Pressed S Car. .
Pull Pal Car ..
Ry Steel Sprmg.
Rock Island Co
St U A 8 F 2 pf
St L Southweat.
do -ref erred..
Southern Pac ..
Southern Kv ...
Tenn Copper . ..
Texas A PaPA. .
To4. St L A Wea
TT S Realty ..,
TT S Rubber
U S Steel
Ctab Copper ...
IOO ' 80 "
2.000 .274 27
200 fit 114
1.1HO 8T "3rt
- HH ' 274j 2V
7oO 204 20
4K 4!)' 40
40. TiKI 17'. .'173
4' XI P4 S P4
" 73 72(4
IOO 41 41
1.80 7H 7(14
I.400 Hint JIB14
L100 6 44
Va-Caro Cham 13.50 fl3 2 n4
Wabash 4X - 14 18 . Jfl
do preferred.. 1.4oo 37 8t' H
Westren Id .... 1,S0 W H4 3,
Westing Flee .. HK 9Vs
Western Union . l'J 73 . T3 ' Yt.
Wheel L E. . VH . 1 44
Lehigh Valley. . 22.800 17A 174 175
Total aales for the day. 381,300 shares.
NEw"TORK. May 1. Closing quotations:
V. S. ref. 2 reg.lolH'N. T. C. gn Sa 81
do coupon IOI HjNo. Pacific 3a... 71
r. & 3a reg 101 No. Pacific 4s. ..110
do coupon :. .101 I nloo Pacific 4e.l01-i
C. a new a -rus;.114Wls. Central 4s. 83
do coupon ...115 IJapanese 4s .... SS
D. A B. a. 4S. . . S3
, ' 1 .
Stacks at Boston.
BOSTON. May 1. Closing quotations:
Alloues ". IMohawk ..: 40 B
Amalg. Copper.. .l!Nevsda Con. .'. . 1S
A. Z. U A em.. 23 Nlplsslng Mines.. 10
Arlxona com. .. !. 'North Butte 2S
Atlnntlc 5 (North Lake 6
B A C C A 8 M. IS Old Dominion. 40
Butte Coalition. 17 Osceola 103 B
Cal. A Arlxona. 51iParrntt (S. A a) 11
CaL A Hen la. . .4S5 BOulncy ;!... 6S
Centennial . . . . 1214 shannon ........ 10
Cop. Ran. C. Co. 2 ' Supertor ..A. 32
K. Butte Cp. M. 11 Sup A Bos Mln..
Franklin Sup A Pitts Cop. 11
Olroux Con. .... Sfei Tamarack 3S
Oranby Con. ... 32 I L. S. 8. It. M. 14 't,
dreene Cananea. 8! do preferred .. 40
I. Kovale (Cop.) 14 ICtah.Con 14
Kerr Lake . nTtah Copper Co. 45
Lake copper.... 32lvlnona r
I Balls Copper lWolverlne 108
Miami Copper... 20
r. ' Money, .exchange. Etc.
NKW TORK. May 2. Money oa call
closing bid. 2
i, per cent: ruling rate, 21;
offered at 2 ; time loans
lightly firmer; o days. 2 per cent; 00
days 2: six months. X Prlmo mercantile
paper. 3)r4 per cent.
Sterling exchange steady, with actual busi
ness In bankers' bills at 14.S443 for no-day
bills, and at 84.8656 for demand. Commercial
Bar sliver. 83C
Mexican dollara, 45c
Government and railroad bonds steady.
BAT FRANCISCO. May 2. Sterling on
London Sixty days. 84.83; do, sight,
Drafts Sight par, telegraph 3.
I.ONDON. May 2 Bar . silver Steady;
s4d per ounce.
Money It2 per cent.
The rate of discount In the open market
for short bills is 2 per cent; for three
months' bills, 2 per cent. .
York. 20C premium.
2. Exchange on New
LONGS ARE BUYING MAY
RAISE BIDS SHORTS MAKE TRY
ING TO COVER.
July Gains Over a Cent on the Day's
Operations HeaTy Decrease in
World's Shipments Shown.
CHICAGO, May 2. Leading longs took
the initiative In the buying of May wheat
today, raising promptly all bids that the
shorts made In st tempts to cover. Dry wea
ther In the Northwest finally became quite
a factor on the bull side. Furthermore, tb
world's available supply decreased heavily,
and foreign markets were generally firm.
Cssh demand was conspicuously absent, but
that circumstance seemed to cut no Ilgui-e
In lessening the urgency for any future, not
excepting May. July rarged from 83c
to 89c and closed firm, lo up, at 80c
May closed Sc higher.
Big chartering of lake steamers occa
sioned a bullish feeling In corn. July fluc
tuated between S3c and S3e, closing firm
at B3c. a net gain of c. Cash grades wero
steady for the best kinds, but low aorta
were weak. No. 2 yellow finished at 64 tt
Kine weather prevented oats from Improv
ing -In price so much or so rapidly ss other
grains. July touched as high and low
points 82c and 324c. with lust sales 32
6 32c. a rise of c above the figures
of 24 hours before.
In view of the moderate supply of hogs,
provisions naturally took the upgrade. At
the gong pork had risen 20c to 32V3C; lard,
Txluc to 12Hc and ribs. 67VrC to 22c
The leading futures ranged as follows:
t .S j.
Dec. . . .
.S .J21, -
. .32 .
15.75 15.(5 1S.T5
15.17 15.10 15.15
May i.H 8.0T1
July...... 8.15 8.17
Sept 8.23 . 8.37
.May (.15 8.25
Juiy 1.1:1 111
Sent 8.00 8.05
Cash quotations wera aa iouows:
Rye No. 3. L0. J
arley Feed or mixing.- 650 S5c;
choice malting. II 1.11.
Flaxseed No. 1 Southwestern, nominal;
No. 1 Northwestern, nominal. .-
Timothy seed $12.
Clover $15.50. -. v
Pork Mess, per barrel, $13.76 fl 15 87 .
I,ard Per loo pounds, $8.05.
Short ribs Sides (loose), $7.17 f 8.11.
Sides Short, clear (boxed), $$.2568.37.
Oraln statistics: .
Total clearancea of wheat and flour were
equal to 81,000 bushels. Primary receipts
a-ere S39.000 bushels, compared with 179.-
000 bushels the' corresponding day a year
ago. The amount of breadstuff oa ocean
passage decreased 7,289,000 bushels. Esti
mated receipts for tomorrow: Wheat, It
cars; corn, '213
cars; osts. 118 cars; bogs.
Corn, bushela ..
Oata, busheia ..
Kye. bushels . .
Barley, bushels .
Grain st Saa aiicis-o.
SAX FRANCISCO. May 2. Wheat, firm;
barley, weak. - Spot quotations, .wheat, ship
ping $147 tj $!.."; milling, barley, feed,
1.45J $147. Brewing. $1.50ft $1.33. Oats
Red. ll.30Vll.tu. White, none. mack.
1.2RS.$l.aO- Call board aales Whent No
trading. Jjarley Uec. $1.S? -a ;
May. . $147 O $1.31 A.
Minora Kills Wheat ' Market. 1 .
MINNEAPOLIS. May 2. Wheat May.
Tc- July, 8c; September, V2r02c.
Cash: No. 1 bard. $1,011,; .No. 1 Northern.
1.0H.; No. 2 Northern. 0$f96c;
No. wneat, m tyuiisa .
Kn no peaa Oraln Marleta. V
LOJTDON. May S. Cargoes -firmer. -Walla
Walla for vhljyment at 33s.
Knsllsh (fountry msrKets nrra. oa dearer:
French country markets,, quiet, ',
LIVERPOOL. May a Wheat Mar. 6s
lld; July, s lid; October. 6s 9Sd-
Wheat at Taooma,
TACOMA. May -2.' Wheat; Bluestem. 90O
92c;. fartyfold. 87c; club. 86087c: red
Russian, 84c; Receipts, wheat 26.cirs, bar
ley S cars, hay IT cars, corn and oata 1 car
Changes In - Available Supplies.
NEW TORK. May 2. Special -cable and
telegraphic communications . received by
Bradstreeta show tha following changes in
available supplies, as . compared with pre
vious accounts: , . .
Wheat, United States, east of
Rockies ..- 3.i3:s.un
Canada - 2.158.000
Total United Statea and Canada. .4.101.000
Afloat for and In Europe a. 000,000
Total American and European
aunnlv 7.2ft 1.000
Corn. United States and Canada 2,717.000
Oats, united States ana Canada...; jo.uou
. ' Metal Markets. - . '
NEW TORK.-May J. standard copper.
quiet; spot and May. ' 11. 60 11.70c: June,
July and August. 11. an ft 11.73c London,
steady: spot, 54 3s Oil: futures, 54 10s 3d.
Arrivals reported at , Nfjw xorg touay.
tons. Custom-house returns ' show exports
of 2b tons so far this month. Lake copper.
12.37 S 12-5c: electrolytic. 12.12
12 S7c; casting. .11.87 12.13o.
Tin. dun; spot. .ivwi.wj aiay, m-.vu
. 701-3-3-4-S La wis Bids;.
42 50c: June, 41.T8942.S5c: July. 41.609
42.00c London, steady; spot, 184 9s; fu
tures. UHl 5s.
Lead, quiet. 4.4094.80c New York: 4.25
4. .10. East St. Louis. London. 24 2s Sd.-
Antimony, dull; Cookson's. 99. 50c.
Iron. Cleveland wsrrants. 40s l4d in Lon
don. Locally iron was quiet. No. I founr
dry Northern. I15.234J 15.75; No. 1 South
em and do. aoft. 15.5OblA.00; No. 2 foun
dry Northern. tl.VOOt; 15.50.
CATTLE 1WARKET STEADY
OFFERINGS AT THE YARDS XOT
Eleven Loads of Steers Are Sold at
. Prices Ranging From
$6.25 to $6.75.
Tha livestock market held steady yester
day with a moderate volume of business.
The run was smaller than on the opening
day of the week
Most ot the trading was in cattle. Eleven
loads of steers changed hands, th best
bringing .75 and the others $8.35 to 6.S0.
Two lots of Spring lambs sold at C25
snd (7 and a bunch of sheep went at 2.75,
There were no sales of hogs. Receipts yes
terday were Hi cattle, ISO aheap, 113 hogs
and 8 horses.
Shippers were F. S. Taylor, BlackfooC
Idaho, S cars of cattle; Fordyce A Alien,
Enterprise, 1 car of hogs and horses; Hugh
Cummlngs. Halsey, 1 car of hog and sheep,
and Lander & Grubbe, Wilbur, 2 cars of
The day's sales were as follows:
268 sheep 83 2.7B
77 steers 1180 6.00
1 steer 900 S.50
2 steers H 23
82 steers HIT "
22 steers "25
lb steers H2o C16
1 steer U00 5 50
20 steers 1032 J 25 1
1 cow 80 S 5
1 heifer 0 B.60
75 Spring lamb. 62 T.00
152 Spring lambs 47 6.28
. drafter s 27.00
Prices current on the various classes of
stock st the Portland Union Stockyards I
were as follows:
Prime grain-fed steers ....
Prime hay-fed ateers
Good to choice steers ....
Fair to good steers
. 0.50 4 .80
. 6.-iU OA-
. 5.U09 6.7$
. 4.7SS 5.00
. 6 50 6.00
. S.0OW 5.1-5
. 4.754 5.UU
. 4.5U0 4.73
. S.50m 5.75
. 4.75 0 5.1)0
. 4.50 4? 4.7
. 7.75 io SU0
. T.SOiii T.73
. T.00 7.50
. 5.50 (r 6.U0
. 5.00 a 3.00
. 5.25 5.75
. .3O0 a.o
Uood to choice cows
Fair to good cows
Good to choice bulls
Choice light calvos
Good to choice light calves
Fair to medium light calves....
Choice heavy calvea
Good to cholc heavy calves...
Good to cholc stags
Cholc hogs v V
Good to cholc light hogs
Goodato choice heavy
Grain-fed wethers, heavy
,r.i. vearlincs wethers, srain
6.25 U 6.50
fed . 5.009 5.30
Old wethers 4.00j 4.50
Good to choice shorn wethers... 4 25-y 4.50
Choice ewes, gram-fed 4.30i 4.75
Fair to medium ewea S 75 4 fco
Good to choice shorn ewes 8.7GW 4.00
Choice wool lambs, grsln-fed. . . . 6.509 8.7
Good to choice wool lambs, grain
fed ......X 8.25J 3.50
Choice shorn lambs, grain-fed... 6-25 a 6 40
Good to choice shorn lambs, grain
fed t.OOQ 5.J5
Fair to good lambs, grain fed 4.73d 6.24
Culls 2.5Uia 8.50
The following quotations represent priaes
en -this market for tha different classes of
horses: Drafters, extra heavy. $3o0u;0U;
drafters, 14O0 to 1700 lbs., $1500250; draft,
era. 1200 to 1400 lbs.. $10OJ26O: chunks.
I9O01OO; Plugs, elo'O'Su; uriving nones. t'
and up: saddle borsea. $60 and up.
Chicago livestock Markets.
CHICAGO, May t. Cattle Estimated re
ceipts. 12.000. Market, steady. Beeves, $5
((6.45; Texas steers, $4.60$j5.35; Western
steers, $4.865.23; stockers and feeders, $4
t5.45; cows an dhelfera, $2.40 &5.65 cslves,
Hogs Estimated receipts, 11,000. Market,
5c higher. Light. 15.75fct.75; mixed. $5.75
tM.10; heavy. $6.00$: rough, $5.6095.73;
good to cholc heavy, $5tf6; pigs, $5.60
0.60; bulk of sales, $5.906.05.
Sheep Estimated receipts. 15.000. Mar
ket, steads. . Native, $86 4.60; Western,
$3.25 8 4. W; yearlings, $4,406-5.48; lanibs,
native. $4.25 tr.10; Western. $4.5.2S. -
I Cof fe 4avnd Savar.
NEW JTORK. May X -Coff futures
closed barely steady net uncbanged to 6
Solnta lower. May. 10-fllc; June, IO.R80;
uly, lQ.Mcr August. J0.C3c; September,
10.82c ; October. 1 0.03c ; November. 10.00c ;
December. January. February, March and
April. ii.tWe. . .
ni-it --if f. t'bft.tl-r Tllrt Vo. ' T 11Tair
Pantos. Dc; No. 4, l3V. Mild coffee,, quiet ;
Cordova, IS 4? 15c, nominal.
Raw luftar,- steady; Muscovado, '39 tst,
3.30c; centrifugal. '06 test. 8. SGc: , molasses,
8t test, 8.11c. Refined, steady.
, Dried Frnlt-Bt Jfew York.
NEW TORK. May-2. Evaporated apples
are In better demand and supplies are light,
market firm, fcpot fane. 14Q14Vc; choice,
13 Sc; prime, 13.
Prunes, quiet and Steady pending devel
oprSfnts on the Coast; Quotations range from
. Foothold, sightli
--'these are the
count in street
are the principal
, features of bitu
lithic. THE BARBER ASPHALT
Constructs Asphalt and other Bitu
minous Pavements. 805-608 Electric
Bids-. Portland, Or.' Oskar Huber.
""" ' 1 ; 1 ' " " , ' " " ' .' -- ' ' v .
THE UNITED STATES
- PORTLAND. OREGON
Capital and Surplus, - $'1,850,000.00
if - Issued in Denominations of
', - r
which identify the holders and are accepted at full face valu
by banks and hotels throughout the United States and in all
These afford the best means for carrying .funds tyhile
First National Bank
at ' !
- . Oldest National Bank West of the
Security Savings and Trust Company
Corbett Building, Fifth and Morrison Streets
Capital and Surplus $950,000
Invites Accounts of
Merchants, Individuals and Savings
8i13c for California up to 30-40s, and
ll(gl34c for Oregone from SOs to 80s. ,
Peaches, firm on the light stocks; tradlnc
quiet. Choice. 7 6714c; extra choice, 7
S 8 Vic; fancy. 8tt?9c.
Chicago prodace Market.
- CHICAGO. May 2. Butter Steady.
Creameries. lOftillc; dairies. 1318c.
Eggs Steady. Receipts, 25.253 cases. At
mark, cases Included. 13ol!c; firsts,
ISUc: prime, firsts. 1V.
LON DON PARIS H AMBURG
t Am.. May 11. 10 A.M. tKal. Aug. Vic. May 25
Pres. Llncoln.May 171H Pennsylvania May ij
tRlts-Carlton a la Carte Restaurant.
Will call at Boulogne.' ".Second cabin only.
Calls at Plvmouth and Ch-ibourg.
GIBRALTAR. ACGIfcRS. I APtKS,iKNOA.
w u ukuttriui Mav 0. 10 A- M.
S. si MOi-TKB .jj. June
TWO CRUISES Duration
By the steamship 110 Days
- (17.000 Tons) 53e-I"
The first to leave DOU .
New - York Nov. 1, Including
1911. .The second AU
to leave Ban Fran- Necessary
clsco Feb. 17. 1012. Expenses
II A SI B U K O- Aboard
i i. i .i n .
160 Powell 8C San Francisco. Cal.. Northern
Paelflc. O.-W. R. A N", Burlington'and other
R. R. ofClces In Portland.
FIRST CLASS ROUND TRIP
The most delightful spot on entire world
tour for your vacation. Delightful sea batn
lng at the famous beach of Waiklkl. Th
splendid SS. Sierra 00,000 . tons displace
ment) makes tha round trip In 18 days, and
one can visit on a side trip the llvttig vol
cano of Kllauea which Is tremendously ac
tive; and see' for himself the process of
world creation. No other ' olp compares
with this for the marvalous and wonderful
In nature. Visit the Islands now, while you
can do It so easily and quickly and while
the volcano la active. Prompt attention to
telegrams for berths. Ballings: May 20,
June 10. July, 1. July 22. etc..
OCEANIC 8. S. CO. ...
7S Market Street. San rranclsco. , i
O.-W. R. & N.
.-; STEAMER. HARVEST QUEEN'
Leaves Portland dally except Saturday at
8:00 P. M- from Ash Street Dock. Makes
all way landings. Arrives at Astoria at
6-00 A. M- Leaves' Astoria dally, except
Sunday, at 7:00 A. M. Arrives Portland at
O.w c m- m.Aco . ..... ...... -. -. -
steamer Nahcotta for Megler. Ilwaco, Ixmg
. . . ., 1 1 I . An , V. T t .1- .-. n ulri.n
SAN FRANCISCO at PORTLAND 88. CO.
From Ainrrwortb Dock. Portland, 0 A. M.
8.S. Bear May S, Rose City It. Beaver IS.
From San Francisco. Northbound. 12 M.
fc.8. Rose City May 1. Beaver , Bear 1L.
From San Pedro, Northbound. 12 M.
8.8. Beaver May 4,. Bear . Rose City 14.
U. O. Smltb, C. T. A., 14S Third St.
J. XV. Ransom. Agent, Ains worth nock.
Pbonest slain 403. z A 1402.
OPEX RIVER TRANSPORTATION CO.
dally aa Oak-st. dock
for The Dalles.
Hood River. Whit.
White Bluffa, Lewis
ton. Idaho, and la-"
FIRST-CLASS PA8SENGBR 6ERVIC15.
FARE SO CENTS
TO HOOD RIVER, WHITE SAXMOX. THB
Steamer leaves Portland Sun.. Toes.,
Thurs., 7 A. M. Returning leaves The Dallea
Hon., w rr , xn., t a. . - - . -
land about 5 P. M. same day. W
Buchanan, Bnpt.! W. 8. SmaUttood, On'l
lnonea juaiu ww. a b.'.
The Tourist Highway
and Scania Route to JSurope
The St Lawrence River,
the Shortest Ocean Passage.
Less than Four Days at'Sea
"EMPRESSES OF THE ATLANTIC
Weekly sailings Montreal. Quebec, to Llver
pooL First cabin, 90; second cabin, Jjl.ZSf
one-class cabin Ccalled second cabin), I47.S0;
third cabin, $30 and 31.25. Ask local
agents, F. R- Johnson, G. A.. 143 Third St.,
or J. J. Forster, T. P. . A., 608 First Ave
San Francisco, Los Angelea
and San Pedro Direct..
North Pacine 8. 8. Co.'s 8. 8. Rosnoks
.and 8. S- Eld-ir sail every Wednesday altav
nately at 6 P. . M. Ticket olllce 143 Third
St., nssr Alder.
MARTTN sT. inOLET, Fassenger Agent.
W. II. 8LCSSER. Freight Agent, .
fbonea M. 1814, A 1314.
REGULAR FREIGHT SERVICE.
JovrRatea, : Schedule Tims,
AMERICAN-HAWAIIAN S. S. CO.
US Railway Exchange Bids;. "
, K Portland. Or. '
Main 8378. . Alt',
COOS BAY LINE
. . . 8TKAMXR, BREAKWATER .
Sails from Alnsworth Dock. Portland. 9
A. M.. May 1. 6, 11. 16. 21. 26, 31. June
S and every five days. Freight received st
Alnsworth Dock dsily up to 3 P- M. Paa
sengerfare, . flrst-cl&ss. $10: second-class.
$T, Including meals and berth. Ticket of
fice Alnsworth Dock. Phones alala
Main 170. A 1234.
. STEAMSHIPS '