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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (May 3, 1911)
nOPBD 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 hortly. Thr has practically beaa no export trad daring1 to wtk and very Uttla da mand for alfalfa, aa atock ta feed In e off fraaa. " 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 follows: 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 small. 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 credit. " 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 the varieties. 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 tha market." 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 tstarks. 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 baloa malntainL llaak Clearlaa; Bank claring of the XorthwMtern eltlea ymwdt; ra aa follows: Portland R.attl. . Taronia Spokaoa . . .l.0..iS .. 1.-T.41S 271. Ml 1.4 rOBTXAXD MARKETS. Crals. Floor, reed. Etc WHEAT Track prlcaa: Bluetm. Jc; club. 7c; red Hussian. tic; Valley. S7c; M-fold. 17a "BAKLET Tbolce feed, tn P" ton. MitiJiTL'yFa Bran. 1:1 lS'l per ton; middlings. shorts. roUed barley. JftfJ. 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 pound. 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 per pound. brKlAu a-aautiB rtitto, per pound. JAPAN ORDERS WHEAT GRAIN MAUKET IX THE NORTH IS riHM. ' . Apples Are Scarce and Quoted High er at Seattle Receipts or Fcgs Decreasing. 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 this season. 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 country. PRODl'CB AT SAX FRANCISCO. Qaetatloaa Current it lar tba Bay City Mar. acta. 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. Sl.a.HfJ-74. . Onions S363.TS. Mlllituffg Bran. S240ST; nslddlings, SJI Oil. 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. ... a. 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 Sound. GROWERS ASK IVIQRL Sheepmen- Insist on Higher Wool Prices. ' INDICATE RISING -VALUES In Ctab, rp to 14 Cents Is Demand ed Cor the w Clip Bottom .. Figures on OId"W'ooJ at Bot-ton. 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 4Itl4C 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. 4 4tc 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 Tcrrltorj flna ma- 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- BOVGnT MARKET. 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 contrary symptoms. Prices receded qulta generally through out tha list of speculative stocks, although In most Issues a larga part of recent gains waa retained. 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 ket. t K Bonds were active and prices Srm. Total aaies. par value. 11.731.000. United States bonds wers unchsnged on call. . CLOSING STOCK QUOTATIONS, Closing Low. Bid. Sales. Allls Chal pf .. luu High. ttt. r.W 4-1 lot o3S Mil ' Amai Copper .. ft.HoO S3 67 314 67is 4.-.H 10i S3 5'1 22 s 23 11 37 . T-Is 103 54 4 llss 14i-. P7 Sl-t 3S'i 10.1 124 '4 sin 234 I 27 2. si t SO 21 43 143 121 81 SO . 314, 14 170 '4 274, 04 W 34a Su 4H 38 l.-.Sl, 127H lu4 loM 1S'4 Bl 11014 10 x till, ): 344 Am ASTIfUlt .. 4' Am licet Sugar.. 2 4 1 45 -4 03 64 '4 '234 U 'jH I0-.1. 44 : S.H Hot 103 i j.V'i 13 TS J34'i 27 14 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 . 1110 100 " V."i6 20 4U0 1.666 4l0 3 'Ml . 23 X 11 '76'e 45 ' iios :U'a S.1-.4 110 10J ios 7U' 2Tvs Am -Locomotive. Am Smel A Kef. do preferred.. Am 8teel Fdy. Am hurir Ftof.. Am Tel 4 Tel. . Am Tobacco Pf Am Woolen .... Anaconda M Co Atchison , . i . . 10,Ti.iO do preferred. 100 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 ... 2.300 ' "3o6 ""iio 4.10O ""266 UHl lull 1H !.s0 2. oo 3. HOO 2O0. 82 . '21 it 143 H 122 44 'so'." S5 14.-. t 14, 172 . 2 no i 4SH " 81 H'H i-i.-i "14 121 'so'" S3 144 144 lRTm 27 H l 33i 4SJ 174 127 m 13S 18 4 .1 la Jls. ' 'io' 41'H m 14 34 -Ji 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 preferred.. Distillers' Secur Erie .... do It pf .... do 2d Pf . . General Elec .. C.t North Pf .. . l.0 12 700 rl4 VXS lis . 0O IMS, S0O M4. (KSJ ,. 120 '266 "in"4 100 . 4IS 200 m 1.400 33 i.566 ioi" OuO HUH "266 iioli 600 33 V',666 ftoii 3oo 13 e lo r2 200 .14 n- OtlO 107 4 T.:oo 43 s 2'K) lll 2. 11") 73 S 7.000 125 Ot North Ore . Illinois Central. Interbor Met v. . do preferre.. Inter Harvester Inter Marina pf lnt Paper Int Pump Iowa Central . .. at C Southern.. do preferred.. C7 101 104 4 14)T 140 Laclede Uaa ... Louis A Kash . Minn A St L . . M. 8 P A 8 H M Mo, Kin A Tex. VI 14314 13H-4 iSS" 52 33 107 42 lo 24 123 103 4 21 32 1110 82 15 - 32 94 , 30 MO 14 8 31 60 40 V4 115 27 4 87 21 1H . 4M 171 M T2 40 1 7 11 - 46 do preferred.. Vo Pacific Nat Biscuit Nat Lesd 40 V. l.tl , 62 84 107 414 10rt, 72 124 125 105 Mex N Ky 2 pf N T Central . .. N Y. On tA Ws Norfolk A West North Am ' Northern Pao ... Pacific Mail Pennsylvania ... J.100 100 12fl 106 People s uas . .. P. C C A St L.. Pittsburg Coal.. Pressed S Car. . Pull Pal Car .. Ry Steel Sprmg. Reading Republic Steal do preferred.. Rock Island Co do preferred.. St U A 8 F 2 pf St L Southweat. do -ref erred.. Sloss Sheffield Southern Pac .. Southern Kv ... do preferred.. Tenn Copper . .. Texas A PaPA. . To4. St L A Wea do preferred..' Union Pac do preferred.. TT S Realty .., TT S Rubber U S Steel do preferred.. Ctab Copper ... 200 100 ono Hio 100 7.4110 boo 824 16.lV, 33 157 824 K6 3014 Ctl. 824 100-4 83 1 - 32 V4 P.1 211 S B0V, "so" 6 . IOO ' 80 " lO0. 6 .Q Il'4-ill5i4 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. BONDS. 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 Stesdy. 2j2'i 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 bills, 4.K3. Bar sliver. 83C Mexican dollara, 45c Government and railroad bonds steady. BAT FRANCISCO. May 2. Sterling on London Sixty days. 84.83; do, sight, I.S6. 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. . CHICAGO. May 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 64 c 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: WHEAT. Open. .ss Hi .7T, . High. .-. LOW. .: .S7 Close, t .S j. .95 .N9LI -Ha Dec. . . . May. .-. July. .. Sept. .. .ss CORN". May... .C4 .63 .Em .6 3 .53 .61 -S3 July. .. Sept... .51 OAT3. .S .J21, - .S24 .32 . .32 . MESS PORK. May. .. .Sl .32 .31 3s .324, .32 .33 July... Sept... May. 1V5 15.75 15.(5 1S.T5 15.17 15.10 15.15 July 15.10 LARD. May i.H 8.0T1 1.02 V4 8.13 g.liO 8 05 -1T54 K.25 July...... 8.15 8.17 Sept 8.23 . 8.37 SHORT RIBS. .May (.15 8.25 1.15 8.10 8.2H4 8.13S 8.00 Juiy 1.1:1 111 Sent 8.00 8.05 '8.00 Cash quotations wera aa iouows: Flour Steady. Rye No. 3. L0. J arley Feed or mixing.- 650 S5c; fair to 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. 28,000 head- Receipts. Shipments. Flour, barrels Wheat, bushels lT.too 26.100 2S.100 6.600 $83,700 221,000 " Y.ioi Corn, bushela .. . .431.400 . .$33,000 .. 1.000 ..' 40.500 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 each. 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: , . . Bushels ' decrease. 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 Bonds Investments TimberLands MrGRATH &NEUHAUSENCO. . 701-3-3-4-S La wis Bids;. Portland Orejjos, 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 SO HEAVY. Eleven Loads of Steers Are Sold at . Prices Ranging From 1 $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 sheep. The day's sales were as follows: Weight Price. 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 Choice steers Good to choice steers .... Fair to good steers .$6.7SO$7.00 . 0.50 4 .80 . 6.-iU OA- . 5.U09 6.7$ . 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 Common steers prima cows Uood to choice cows Fair to good cows poor cows Cholcs heifers Choice bulls 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... Choice atags Good to cholc stags Hogs Cholc hogs v V Good to cholc light hogs Choice heavy Goodato choice heavy Common Stock hogs Slieeii Grain-fed wethers, heavy ,r.i. vearlincs wethers, srain T.009 T.25 6.750 7.00 6.25 U 6.50 6.00 0.00 3.00t ri.UO T.609 T.73 4.809 S0 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, $45.75.. 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 ness, endurance --'these are the .1 . -qualities that count in street pavement. Tbey are the principal , features of bitu lithic. THE BARBER ASPHALT PAVING COMPANY Constructs Asphalt and other Bitu minous Pavements. 805-608 Electric Bids-. Portland, Or.' Oskar Huber. Manager. ' ON AT UMBERMENS NATIONAL """ ' 1 ; 1 ' " " , ' " " ' .' -- ' ' v . 1 CAPITAL $500,000 THE UNITED STATES NATIONAL BANK - PORTLAND. OREGON Capital and Surplus, - $'1,850,000.00 TRAVELERS' CHEQUES if - Issued in Denominations of $10,$20,$50,$100 ', - r which identify the holders and are accepted at full face valu by banks and hotels throughout the United States and in all foreign countries. These afford the best means for carrying .funds tyhile traveling. First National Bank Capital $1,500,000 Surplus 750,000 at ' ! - . Oldest National Bank West of the Rocky. Mountaius Bank Notice 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. THATE1XBS' (iTJIDaV 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 CRUISING AROUND THE TWO CRUISES Duration By the steamship 110 Days OJKVELAN'U" COST - (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 AMERICAN and WORLD 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. HONOLULU $110 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. Astoria Route. .-; 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. FIFTH STARK . BANK TRAVELERS GUI1J. OPEX RIVER TRANSPORTATION CO. STKJ.lN.lhAL, TFrelght received dally aa Oak-st. dock for The Dalles. Hood River. Whit. Salmon, Umatilla. Kennewlck. Pasco. Richland. Hanford. White Bluffa, Lewis ton. Idaho, and la-" termediate nolnts. FIRST-CLASS PA8SENGBR 6ERVIC15. FARE SO CENTS TO HOOD RIVER, WHITE SAXMOX. THB DALLES. 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 Mgr. lnonea juaiu ww. a b.'. The Tourist Highway and Scania Route to JSurope .via ' The St Lawrence River, the Shortest Ocean Passage. Less than Four Days at'Sea by the "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 Seattle. 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. NEW YORK-PORTLAND 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. CANADIAN PACIFIC . STEAMSHIPS '