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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (May 4, 1911)
TIIE MORXIXG. OREGOXIAX. THURSDAY, - IVQOL TRADE SLOW Buyers and Sellers Are Apart in Oregon. TRADE IN OTHER STATES w Million Ponnd Scored In nh mnd Ned at Ixw Irlc Comparrd With 11 Ycr. Water Shipments. Srm clip wool la beginning xnov tn Wart: but In eery ilow xxajr. Ther ha ta serr little trading yet la Oregon, but la other Western tatr a few nll II oa pmin'le hax been takea by Eastern buyer. Ther la bo nn to tha market. baca.ua of th tow prlr currant, and la thl tta. aelUier tha buyer box tha al ler seera axisloo to taka hold. . Tha following I a revised Hat of tna date fried tor tha swaleo. bid aale In Eastern Ortfoa thia year: Pendleton. Mar and Jun . pilot Rock. May 3 and Jua 10. Echo. May 5. Ileppner. Juna 1 and Jona Phanlko. Juna and Jun 2y Xtdru Juna 14 and July 14. Vale. Juna IS. Ontario. Joae 14. Bakar City. Juna 1 Enterprt and Wallowa County. Jon and July 11. ... A fratur of tha market thl year wlU ba tha naw routine of shipment to tha East. A considerable portloa of tha Or ,., cup will to by watar. Already, abort laoaoo poaaJa of early horn Eaatert, Washington wool baea beea forwarded ta Itoatoa by tha water route. It la reported that about . 000. 000 lb, of new wool Iki already ba-a eoatraetad In rtaa and pcrbape aa mac In Netada. la landed In IJoatoa ary. ranging all tha way ti in II cent, although th bulk of the waol taken ba been at about la eonta Katltnatea a te what thl wool would eoat landed In Boeton eary. ranging all tha way from to M cent f..r tha Nevada wool and 43 to 41 cent for tb Utah wool. California wool ar In many caae being ronslsned. shearing having been pretty wall finished In the Southern aectton of th atate. rrt of Wjomlm ara now a-Tearlng. la TriM ahearlng began tha flrat of thl month. more ci i.tivatiox or hop Crwwer Hare Ever, thing aa Caia TbJ Vear. i.. t ! Adrkr- A circular letter to tha hop grower of . . . irn.. w York Plate baa oxl xxew r . ...I th. advle ha give cn ba V. . pplted Jut aa wetl to tha cult! ration of hope m Oregon. In thla atata -aatd to be. a number of yard that bar not been properly cultivated np to thl t:raa and la view of th bright mrkt pros pect, thl U rarpltalM. Mr. Loowl let ter fallow: Tha lll hop eeaenn promisee rtnuner ttv muni to th grower, and It la to tb Interest of all to give tha growing crop trie pr.pr .ttrotioo to tnur quality and yield- ar should be tak-n to cultlrate tha yam pr.jp.rlr. grubbin the hill. fertrllln and ketin tha jarJa clean of weed to tha time the hop com Into blow. yprarlnxr the yard with quaahl chip mixed with whale oU aoap ehould breort ed to If there la aa attack of tic. Trie ar pne la al!fht compared to tha lo howl roar crop ba damaged ta quality and un- "Yf th yard ar attacked by whlta mold, or "English moll." which appeared In eome 'tlora. laat year, xne owm cbu " ---- bijwn poadered u!phar upon th bT rla Ttila however, anoulrt on no account be continued after tha hopa coma Into "burr- aa It 1 llkety to affect tha flaror ,.t tba hop. In yarda attacked by thla rileeaa ail rlnea and weed murt be buraed after tha bop hare ben picked to prweent a r-rarrenc of tha mold tha foltowtna year. It la of tha traoet rmportanc that th crop ba leaa picked, aa thle U on of tha chief complaint avalsat New Tork fate hop. Car ahos'.d alao b taken not to erer-dry. Tb rowr who bar wall plrked and proprly cured hop Tear after year r th est who alway fet tb full market prtc sad their crop ar ewoabt af ter by buyer. Tber I a raaaon why rewry grower hnuld not ha a enotaa crop and placa bop ratal nc on a ateady par'.n baala ny proper rulttrattn' methoda ha can Inoraaa the yield by parta attention to tha pick In curln and balla better prteaa caa ba obtained. With Increased yield and aood .w v i. u . a .r. bound quft..ir - . - to IB TT - turn. MonAiK narM r tub kast. Mark Talaea Ufte4 ha "rmpathy WHA Wnt Tb condition of th Kaetera mohair mar ket I reported by th Boat Commercial Bulletin aa follow: Tha ettuatloa m tba mohair market ha hown llttl cbanr In the paet week. o far aa demand la concerned. althou price ara Wioeinf an advance aa tha reeult of th .tranc In tha -! of tha aew llp la th wber b'her prlcea bava been real reed. A eala of a fair alaed lla af dame. te eombln bar te reported locally thia we. at inta. CaT'tln la quoted at centa, foreira hair la n Ural ted supply and firm. . Domealts qnotatlona: Beat eombln- 7aj Xc; (ooo eombln. M(llci orolaary eomb ln at MflV: cardlr. je ej J.c rorel: pa let. ); Tark-y. lair avaraca. tl UTTIOSO DIHAND FOR MUL FEKO. ntmrlm Ar Lien tad Price Ar aa Flrn A3 department of th rmtn market war ' f'.rm, but trade wa not actlr for th lack of ffrta. Th price of th pravlou day ; on w ha t. oata and barley wer repeated. Tba eowlinon of th mill feed market t on of extreme ftrmoeaa litocka In. t Northweet ara Uht and could b cleaned p In ehort order on tba eharp California demand If hoMera were wllllnr to let ro. Local receipt, la ear, wer reported by th Merchant Eirhana yterdy fol low: Moedar - Tu-eler Wertn.eitar Year mtt . sa I u 2 it 1 It S ! .. T iii u 4,, -' s'lot vl I2J3 l l'l ui ttiEF.R i ic.rci: at riucrB nw Market Nt Ukely te Adenaie rnltry Trade Maw. The l-cal etpply of caeeae la acaln pra tua::y ri:tiiu4. but a freeh ahlpment la u from Tlliamock rrl.lay. The market ki firm and ur.chanl. Dealer ar not dla roaM) to artvanc prlcea Is iw of th tem porary vrcity. B itter hol.le quit cteady. with tha (apply and demand about equal. Tie poultry market waa a drarln affair, v-t.l.ken bu.et bold nd prices are weak. Cjcs were et.ady l th qo"tatloo that have prevailed for vral daya M raw aery pnawad GoaeL Testerday's receipt of Florin atrawbwrrle wer the lanreat p .to data and they cleaned up well at $13O0S.T per crt. A few tand a ta Anfela berrte. ferried orer from th lt ear. wra qalckly dla powd of. Tber will be another ear la from Loa A'ea tomorrow. Yeretabl arrival wer rmll, but th market waa wU aupplled with all line, ex cept cabb( and caojlflower. Law FrVrea) raid at PewcTletotx. PLNDLXTOX. Or, Vay A apodal.) iy Oia Brat wool sale f tb tetrw md at and 12 cent per pound, th prlc proepecU from th rowf standpoint, ar not very brtcbt. Th purchaser Is K. T. Blcknell and tha clips sold wer thve of Bill Smith and Wheetbouse A llorst. both of Arllnaton. and M. B. CorrUan. of Etbo. Th thre cllpe tstaled nearly 100.000 pound and lncldl both On and eoarae woola. Tha Bna sold foe rent a ad th coara lor 12. Th sam clips last year sold lor 1 and 10 cents per pound. Birknell announced this erenmir that b would hlp th wool t Boston by water Instead of by rail. most wool ba bean shipped la th past. H will thareby nearly cent a pound. Many of th Uma tll! County (rowers ara eontemplaUnf ship pics; their cllpa to Boston by water this seaeon. Bank Clewrxnr. Bnk clearlnits of th ;orthwtrn dtle rweterdav war a follows: vaster y Cleartnire. Balance Tort and ..... .. .. jwi.si Ta'or,:. -". n lkn "a.it. e-.u-s roftTUtyp MARKTrra. Cram. Flanr. Fed. F.te. WHEAT Track price: Bluestem. lc; club. ITc: red Kuaslaa. tie; Valley. :; M -fold. Tc PAhUI Oialre feed. M per ton. Mrl.lJ'TfFFR Pro. $;4rL,tiO per ton; middling. 131; shorta. IJi-ivtjt!. roiled bar Icy. I-K .'altj Jo.M. rim n i-.i.nta. 14 1 per barrel; aualght. ll.li; xport. 11 ; Vlly. It. rralom. 14 ; whole wheat, i "O. CORN Whola. -: crackea. sow per xuit OAT J Na. 1 wLlle. I:JK) pr ton. M A Y 1 irnothr. tmet-rn oreron. No. L f:l.oO32.3U: light mixed. Ilv-'0: heavy mixed. Ill.SOt 1.S.S0; alfalfa. (Ktflo; clo ser. l.J0w 14.40; raln bay. tlj-i tt 14-S4- wowrtabta sal Frwlttk SACK TEUbTTABl.Ea Crrota S1.-3V l.S per sack; parsnlpa. I1.U.1.M; turnips. 1 2SLW; beets. I.X TKOPICAL I'Kt'lTs Ornaa". Jvela, I2 2owl-2o per bos; California grapefruit. Hvt-eO: bananas. StrS'wc per pound; pine apple. v7e p.r pound; lemuna. eo.oV. tatg.rlnee, fl.7i per bos- IHtSH KRIIT oirawberrtes. Florin. f2-SoX?S per crgte; Los Angcle. ILTSty l.5 per crate; apples, fam-y. iw iOO; choU:. II U l.&O. commons. 7Jc u 11 per bus. VEOtTAai.hU AsparSgua. wUerrll.TS PT crate; cabbage, new. i per hundrdwelgnt: rauliaowar. iu&ol.TJ per doscn: celery. California. 7vte per dosen; cucumber. tUXerZi por do; eggplant, lia per lu.; gerltc. low Uc per poun; lettuce. 6c per doscn; hothoua lettuce. l.&uwJ per box; p.. 911o per pound: pepper. SOtfoa per pound: rndishea. lea per noun; rhubarb, i k o 3c or pound; sprout, c; tomatoc. '"'oIATOES Oregon. Jobbing price. i 5 per hundred; Bow potato, 7v7tc per IKnand. . ONIONS Jobbing prl: Or.ro n, ll-l p-r lw: Australian, tliO per low; Tex, till par crate; California, S2 par Grata. Dairy and Cawatry irowwt. POULT KT liens, lc : broilers, JOe; tur key. 2ue. duck. 2uX7c; gees, nominal; dreased turkey, choice, -I3C tiio Oregon MUCH, candled. 20 OH P doxea: case count, lSo Pr dosen. Cli.x.oa l ull creaiu. twux. o pvr vung America. It. ULTTkH City creamry extra. 1 aad t pouad prints, la boxe. Ha per pound: less txisa to lot, carton aad delivery exua. . POHk h'ancy. luslmo per pousX VKAL, Fancy, no to lii pound. lvioll per pound. PPKLNO LAMBS Pelted, 120 IS P pouo U- SHEEP PRICES STEADY BFTERS PAX CrRROT QfOTA TIOXS FOR MCTTOX STOCK. Choice Hogs StUI Selllna; at $7.23 at the Yards Caul Market Doll. There was llttla busin.se outside of sheep salts at tbe stoc yard jreewj. of the lots moved were small and th price . - . .1 . . r . .1 U.IR. oDtine4i ipww r 7 - . - ere brought li.25 nd we 4-;V Two pnnron ui " -1 . . - .- , - 14,xi. Lamb bad a range 01 o-ow A few loads of good hogs wer old t T is cno hcavyweurbt broueht 14 to 111. pn.ti-anv natbln waa doa in th cat- tl division. Receipt wer 237 eattl. IS calva 77 sheep. 14 hogs and 4o horse nd mule. fmpper ' . . . . - 1 cr of beep: U. Oram, Gateway. T er of aattie; A K. roru. ar.ion. sleep and bogs; Tatton Overton. Haleey. . . .... -v .nli ho.. 7 e Fllnt. oarw oi wu - - - - -- - ' - Junction City. 1 car of aheep sod hogs: O. K. Wllcos. Mbxnon, 1 car of catU and cojvee, and Conley A Porter. Uandan. N. 3 ctr of hore.e snd mule. I Tb day' aalaa war a follow: W.l.ht. Thrice. ;s rra ... ts wethers 87 heep :i4 sheep M s'leep ......... 2 ewes 1.-9 lamb T hogs 2 bogs hogs 1 "tag Sheep hprlug lamb ... Spring Lamb .... Hi hogs S4 ho - ,. hi I4.2S ,. PU S i'J ,. b.nO PS 6-iS .. 103 IIJ ,. 1-M ,. tvi CoO .. 6 7.1 ,. 2oO aw .. 1M LiS . .12SI S od ,. 7 4.SO . 9 a so , . J T OO .. li4 7.-4 . . luu 7J:4 I hoc ; Prteex run-tat on th various class 4 .tocH t th Portlana Vnloa etocsyard 610 B.00 Prim graia-fed ateer .. prune bey-fed steers... Cboic er Good t ctootc atear lair l good tcr....- (oir.mox stear frltu cow Uo t cbolc cow .... Sa7BOI7.PS .... a.ro a .... aa .... 6.7. w ai'M .... .JV 4.U .... 4.7ia let 6 &ol aus .... Auvi 8 14 a tl i o poor evil 4.oOt 4.4 air I go, oowe jna. a. ........... Chuica belfar - "-TYr, T al Choice lu ri.,2 5i Oood ta cbaic bU ............ a-bJw r-ho.c In it ealv 7.i AO US Tt. c light calve. J.4J.W 7 71 .lr to iTfuim I'ght calv T oo; 7 tnoUe W V ealva. -u tiXd t L" calv..... J-Wjl JiO C'otc Itll 6.4 (imo to wl',lc la -404 6.V CtA."cV bog I?? I Uood I c-oie light bogs ...... t.J 114 Cholc heavy ASity AS0 Oood to ebolc heavy 6.o0tf Atn Common 5'iu.lJ r'ti ao.-jt bog ...- .vty cjrarSd wether besry ASOat AOS choic jexiiiig wetner. grain- ft A.OOw' AJS Old wether -'' JJ Uood to cholc shorn wether... 41 4 0 Choice ew.s, grain-fed..... 7 t'alr to medium S 7w v C.ood to choice horn awas A74 4-u Cholc wool Kale. grain-ld. .. . 4.4U0 A. WSd .w?!.uu"..g!"1" .e. C boc eriora lamb. grln-fed... Alioes A4S (1.4 ta cholc bora lamba. grain . . I ww a-. s oon a -.,r to xoA Umb. grain fed. ... 4.7o J 111 f'4 Col.a ao Tba following quottlons repreaeai ptiert n thl mrt for in different ci-.re. of oor.ee: Ura.-lers. extra bear,. lau;o; IraXters. 14o to !7o Iba- lo.!4o. draft. ereT 1JOS to 14O0 lbs . l0 ilo. chunks. IrofllX: p.ugs. tlO940; driving hona. .i and up; -ldi home. HO and aa, Cbsrag Uvek Ia-rt. CHICACO. May A Cattle Here I pt estl tnat.d at l..0ow. market weak. Weevee. eAlO- luu e,r. 4.We 5.50: Western errs.' ttS,li; sioohers and feeder 4 0 4.44: aws aad sellers. il5w: caives. lios'a-Reclpt e.-lmated at 1- V?-"-ket weak to ic lower. Light. V7oAlo: uli'd. o7otfoo; hay. Si-.oS S: roujri. l!vMl.:ill rood to choir hi. ti-.Di 4.kO piga. Se.4i.4iS; bulk of sa.ee. I4.4w A (ine.p Rerelpts etimate. at iO.OoO: mar. ket etcady. Native. UW; Weeiarn. s .5 Uirut. r.arlir.xs. $4 tnmr. native, Si.4tfSlo; HMlara. tt-BotoASA. ( hlrag flodar Mark. CH1CAUO. 4tay A Butter Steady. Cr.mrl-e. lt2lc: dalrle. lflc- r - pwmi. 14 tUlft caee: tdy t mix. mm included. UwlSH; first lie: prim flrt. 1'- (hVeie Wk Twine. 11 He life: Towns Amarica. 12it)lAe: long horn. 11 4? 12 ) a. Waoi at St. Leal. T. IXVIS. May S Wool Unchanged. T.rrlf orr and Weetem medlume. 14oM7e; floe medium. 14 14c; fin. 11012c. Tebaer Trwat IXrUlewd. x-e-tw VflR K mr A Tha AmirVin T- ieroi Comoany today dacUred aa extra d Ulead af 7 S per cent In aUtlltloa to tha regular quarterly dividend of iVi par cant. STOCKS AGAIN FIRM Reactionary Movement is ' Abruptly Ended. TRADERS HAVE CONFIDENCE Telephone Issues Are Especially Strong Union Taclflc Galas Two . Points on Heary Dealings." ' - Demand for Bonds. NEW TORK. May S. Substantial ion port waa given1 to tba stock market today and th reactionary movement which un settled prices yesterdsy wss baited. Th chsnge wa not brought bout, how ever, until tha market hd passed through several hours of uncertainty. In which de clines wer extended. During tb fore part of tbs session ther waa heavy selling, especially of Handing aad Union PaclBc Trading waa no less professional than for months past, but bullish operations teemed to b accompanied by mora than tbe usual drgre of assurances and event ually shaped tha character of tha market. Price roe steadily In the lata part of tba day. Th rratet gain wr scored by th less active Issue. International Harves ter was tbs most prominent of these, gain ing 5 point on unusually heavy dealings. No definite news accompanied th dvanc la the stock, but the xclleat annual statement recently Issued by the compsny make plausible report of a possible In crease In tba dividend. Th movement uecatn wider and mar confident In tb later dealing and em braced virtually all th better known Is sues. Th telephone stock wer especially strong, presumably having been affected favorably by the statement that arrange meata lor cloaer connection betwcn cable companies and the American Telegraph A Telephone Company and allied Interest bad been advanced far toward completion. Home of the lower-prlcd railroad stocks, including Denven A Klo Urande. girls nd Missouri Psclflc, were among tha strong est today. St. Taul yielded fractionally after tha publication of Its March raport, showing a decrease In operstlng Income of Sioo.ut'O. L'nlon PclOc wa on of th most sotlv In the list. dvnclng mora than 2 points after an early decline of point, bonds were active and atrong and there waa continued heavy buying of New Tork Issues. Total aale. par value, eo.tOa.WO. United Stales Government bond were un changed on call. CLOSING STOCK QUOTATIONS. Closlns Bale. High. Low. Bid. Alll Chal pf.. li - . Amal Copper .. T.VW tUN K 0J14 Ara Agricul .. 1.0O0 St- 6 M Am Beet Duiar 0.700 47 4ot 4y American Can. ST.O"0 10 5. lois H'J. Am Car A Kdy. loo S Am Cotton Oil. 6.0V0 6S 64H ill Am Hd A Lt pf Am Ke Ucurt SOU 23H tJS IS Am Llnaeed Jot Am Locomotive Am Srnel A Kef 6.S00 76" 76 .44, do preferred.. 4WO 1o4s 106 lo Am Bieel ray Am Sugar Kef. l."0 .llwt, JI8H -Am Tel A Tel.. 7.4O0 148 4 14 14MJa Am Tobacco pf 7oo oj, UK V Am Woolen .... 4oo M 3m Anaconda at Co 8 V ' Atchison JAdOO 111), loi Jl1 do preferred.. Sow li W l"3Sn "., Atl Coast Una. 1.70O 1241 12 l-'JH I,alt Si Ohio ... 400 10d lo4" 1o5 t llelhlehem alal 100 3J 4 -' Hreo. R Tran.. 1?W H 7SJ4 I '.narllan pie .. 4.IOO 2:w 231V Central Leather 1.1'fO X S7 1 V do preferred.. oo w w i-" T. Central f N J 7? Ches A Ohio .. 1.400 1 i is Chicago A Alton., jo Chi til West .. SOU 21 Vs 81l 1H do preferred.. loo 43 4 43', Cbicago A N W 400 140 145 14t C M A St Paul 70O 11 1M 1-Hs V..C,C A St L. ...... ..... Col yiwl ex iron e Col A Southern l.loo 44 Vx . 6354 Mi Consol Ga 2.stK 145 145 145' Cora product. i" le1 it Dl A UuJsoo.. K) 171H 17l" 1.0 I A R orande. l.Soo -1", 2.1! !t9 do preferred.. 2..K0 tW "S1 Distillers' Secur SOO Si 34 Ji So tin 1H.4..0 IH 30 -s 81 do 1st Pf .... !" do 2d Pf WW o o General tleo .. 1.H-J0 J.-H 1..7 lo8 Gt North pf ... l..T0 1 1H7; IL'7 Gt North ore .. loo 6IV4 "J . J Illinois central. i" .1., Int.rbor Wet .. 1"0 18V. . IS". IJ'i do preferred.. 4(0 ' M 61 61 Inter Harveater 8.0 lis '4 11H " M4H Inter Marina pf 2"t 1 JS 1 Int Paper .... o .v awjs - Int Pump J" l?wc SSSy -an -iiH I?. do preferred.. 10 S7- .S 6J Laclede Cia ... T.1O0 105. lo4 105 Sui A Nash.. 200 147 14H ' 14 ulS paBs SM " '3W i.tH isH 13 Wo. K.n A Tex. 8.4oO 3 32 S3 J do preferred.. 41 7 ST ! Mo PsclOc .... S..v J 4.J Nat Blacult ... Ll 1JK 1J 1341, National Lead . oO M. 2s Mex N Hy 2 pf 0.S1 S3 81 V 33 NV Central ... 1.30 loTt llT lo7 N- T. Ont Wes l.l'KI 431 424 .4J NorVolk A We S.OU 107 l"Vt i"T North Am .... 1.3 74 .3 .3V. Northern Pac .. ll.OOO 121 l- 1-J Frnnsylvanta '.'.. " V.30 125 1 trgv&i l:: ?J$ gj ter'8LC0."r.-.-io6 H Pull Pal Car 3rKH Ky Steel Spring -'OO S3 J2t .3rJ Resding ....... I00.3O0 157 154 lAiVb Kepublio Steel ' do preferred.. 20 P4 P4 u, w , Rock Islsnd Co T.000 o, Xhm do preferred.. S.3KO S2 U 01 V. St L A SF 2 Pf 7O0 0 0 40 St L. Southwest - ?o Southern Pa .. 4.2.HI 11 1151a 11? Southern Ry .. 2.2" 27 21 1. do preferred.. 0 4 J4 4 Tenn Copper .. 5.-0 yT ;. S.l, T,.u A Pae.. 7HI 27 20 2T Tof"t L At We 2"0 20 20 20 do preffrrL. too 40 . 49 40 Union Pac ino .. TS.3-) 17 177 T7i do rerrd.. 0 P JJ 04 U S ftealty ... 4O0 73 T 73 preTirrii 3oO 11. 11 1 Utah Copper .. 6o 46 44 43 V Co Chem. S.SO0 S4 82 3 do-ferr.7---400 'iju Mi. 37 fi Wrstera Md " M 64 64 W!; El-"- 1.0OS 68 89 -Western Union. 4,000 74 71 .3 Lehgh VlleV." io'soo IT," i74 lTtl TouU aale for th dy. 4I5.S00 share. BONDS. Stork nrmrnv. l(y lo.lne auotation ... . SI Mohawk 39 1S 10 2ss Amslg. Coppr.. 3 A. a. u. at 1... Arlsona Com. .. 13 Atlantic S B A C C A 8 M. 11 Butt Colltlon. 15 CaL A Arlxorta. 31 CaL A Heel.. .4"5 a Nlplwlnc Mine.. iSortb Butte..... North Lake old fomlnlon... ioola 40 lot ! 1'arrott 8- O 'Oulncr ......... 11 TO Centennial I' Cop. Ban. C. Co. w Woi. r-n. XI 11 :Shannnti 10 superior Hun A Pna kiln.. 32 4 Pranklln jriup A Pitt Cop. 14 A Glroux Ln Granby Con. ... 32 Green Cnne. L Boyl lCop. 14 Kerr Ike 6 Lake Copper 83 'x I.a Salle Copper 3 U ixtml Copper. . . 20 j. r. r. rl- xe ja. I do preferred , Utah Con. 34 4 15 45 a IOS 1 th copper co. Winona ........ Wolvcrln . Money Exchange. Etc Il.VTiON. May 8. Bar silver. qnlt. 84 S-i.l per ounce. Money 1SV- Per cent. The rate "f discount In tha open market for abort bllla Is 3 -lt8H per cnt; do. thre months bill la 5-16& k per cent. SAV FHANCISf-O. My S Sterling tendon, so dye 14.81.: sterling on Lon don, elchl. Ax. - Drafie sight, par: telegraph, 8 per cant. NTvV TORK. Vay 8. Money on call, steady. lUWm per cent; ruling rata. '-' S per rent; closin bid. 2 par cent;" offered it 1H per rent. Time loans. doTl; SO day. i cent: NEW TORK. May . Closlns quotations: C sTref. s reg.lol!r. A R. 41. 4s. BJ do coupoa ...101 IN. V . C. imt.B n A Urn re 1111: No. Paclflo 3... ' Boeton, 90 days. 2!ff2 Pr eent; rx months. 8 per cent. , Mercantile paper closed S per cent. Sterling exchange steady, with actual btial nex In bankers' bills at 4.S4JO for 0-day bills, and at 1.S(0 for demand. Commercial bills. 4.S3. Psr sliver. 53c Mexican dollars. 4oc. Government bonds, steady; railroad bond, strong. Ceadltloa of tb Treasury. Washington. May 2. At th beginning of tuialness th condition of th United State Tresxury was: " Worklns balance In Treasury of- flea I2T.S0T.SS In bank nd Philippine treasury. 11.151.021 Belanc In general fund 5.ir.6.334 Ordinary receipt ye!:eray .':' Ordinary dlburements 1.S4S..19 Surplus to date mis lisesi year.. .,vo....i Ireflclt at this tlm last year 17.45.J7 The figure exclude ruinu i-xnxi xuu public debt trnactlon- t Pis Iron Frodnotioct, rr.veri.xxn vis. a. Th total produc tion of coke and anthracite pig Iron for Anvil save tba Iron Trade Review, wa 2- 043.786 ton, a decrease of 119.978 ton. compared with siarrn. In April. 19 furnace of steel plant com panies and eight merchant stacks wer DIOWn OUt, DUl "IX lui H.'.ri " ' ' " " ' making a net lose of 21. In the last few nave of tha month tta blowing nut by steal companies wss rapid. WINTER CROP BETTER SPRIXG SEEDIXG ALSO SHOWS AN INCREASED ACREAGE. Expert's Report Causes' Selling At CfeiCAgo Ana! Prices Drop. Cables Are Lower. cnif mn w I. Tha chief selling of .hm followed statements from a well- known expert todny. putting th Winter crop condition at 87. per cent against o.4 per cent last month, and asserting that Spring seeding had reached an Increase of a round 1.0OO.000 acres. Good rslns in th West tended to glva tha market A weak start. Bearish feeling received a lunner Impulse through disappointing cables, du to signs of hesvler shipments from Russia. well from th Argentine Republic Be side tha fact was noted that miller ber seemed wholly Indifferent In regard to th purchasing of cash wheat. A ateaay inns nrevallnH at the close. During the session. July ranged from 8c to 8e. and In th nd wax 8e. net declln of c Corn suffered a back-set on reports oi fin weather snd enlarging- country sales. July fluctuated between Szc and u2c clos ing steady i e off at &2e42c Cash grades wer '. No. t yellow finished at 64.4c Longs took a hand at selling oats as a result of the reak In wheat and corn. July varied from t!e to 22c, with. latest figure o down at a:T33c. Plentv of hoes mad provisions weak. When th pit cleared, pork hd recorded a loss of o to 2021c; lard. i:ric; ana rib 13c to 17Vc Th leading future ranged as iouows: WHEAT. Open. Hlch. I-ow. Close. May I0.M tu.; 10.M 0. 94 July 8S .' .S Sept. . -87 .87 Dec 8 -8 CORN. May 61 .43 . Jlly .52 ..2 .4? Sept. 53 v ?J IMC ..... .oi .OITS ox OATS. .... .32 .32 ..82 -82 .... .s: .sj .a: II .32 .81 .31 MESS PORK. Msy July Sept. May 15 41 15.T0 14.33 July 18.03 15.0S 14.s2 14.SS LARD, May ..... 7.95 7. 3 v. July 8.07 ao7 .02 8.02 Sept. .... 8.28 8.20 AlO - 8.12 SHORT RIBS. Msy 8.15 8.15 .pj July 8.07 t.07 7.9i 7.87 Sept. . 7.80 7.90 7.SS 7.87 Grain ststlxtlcs: o...i ci....ncs of wheat and flour wer equal to 23S.000 bushels. Primary receipt wer 309.000 bushels, compared with 203.000 bushels vh corresponding oy a jesr " ciimatwl Meelnti for lomorrow : Wheat. 28 ears; corn. 181 car; ots, 98 cars; hog, 21,- OB bad. ... Receipts. Shipments. Flour, barrela 18.4JO ?,;. Wheat, bushel 24.000 23. 500 Cora bushel. 262.600 389.6U0 0.tA b"heli ! 269. 100 5S4.3O0 Sierbihei.-:::::::: nXSi 'iiSis ' i Karoiteau Grain Market. LONDON. May S. Cargoes, tone firmer. Wlla Walla for shipments at 34 va to Jos. English country mrket, firm; Franch country market, steady. 10d: July. lod; October, s 9d. Weather ciouoy. Grain at San Tranclsr. SAN TRANCISCO. May S. Wheat firm; barley, firm. Mpot quotations Wheat Shipping. 11.47 t L60 ""ley F. 8L4S tl 11.47 'x. Brewing. $1.50tj 11.63. Oat Red. 11.3001.40: black. 81.lShl.8vH. all board anle Whet. no trading. Barley, r v,.r 11.31 II.. 81.38 A.: May. 81.62; June. 8165 B. Wheat at T aroma. TACOMA. May 3. Wheat Bluestem. 00 ?92c: fortyroia. eic; ciuo. oewo.u, Ruxslsn. 84c. Receipt Wbut, 14 ear; barley. 3 car; hay. 8 cam. Mlnnrapoll W heat Market. MINNEAPOLIS. May 3. Wheat May. 87c; July. B!ie0c: September. fllc; cash. No. 1 hard. 11.01: No. I Northern, OSetf 81.00 : No. 2 Northern, 953Uttc; No. 8 wheat. 41jnrc. . . OATS DEMAND LARGER EASTERN WASHINGTON HOLD ERS ARE SELLING AT nOfE. Consumption Increased by Railroad Development Work California Inquiry lor Wheat. SEATTLE. My 8. (SpecliLV Although the weather wa bd today, strawberries moved briskly. Tha frnlt wa In good con dition. Lx Angel stock cold at 1.23 and florins t 82.au. Two carload of celery have been placed op th marltrt. On came from California snd will sell at 83.83. The other cam from Florida and will ba quoted at about 84. AspAragus. spinach and rhubarb were weak and lower. Fancy apples old from 83-28 to 88- M. Reports from vahon Island Indi cate that tha strawberry crop will not be as larre a usual, this son. Val receipt thl morning wer large, Th clmnd waa brisk, however, and oleaned up at top price. Spring lamb wa care, poultry wa weak. Egge were firm at 24 cent. Dealers psld 88 centa for tha Bllverdal gg tbt ar rived thia morning. On the Merchants Exchange oats were quoted at fin. an advance of SO cent per ton. Th demand for oata In Eastern Wash ington Is Increasing. ' Several large holder who were expected to market their oata on this aide of tha mountains hav dlspoaed of them to consumers In Ppokan or other In land F.mplra point wher larg project are under way. Outside of a- slight readjuetment of prices wher they were out of line, tha wheat list ws nnchsnged. Th' market is fairly active, A California Inquiry for wheat baa developed. ew Tork Cotton Market. NEW TORK. kty . Cotton future closed teady Net 4 point higher to 1 point lower with new crop poaltlons easy. 3ay. lS.lec: Juna. li.Ite; July. IS. lie: Au gust. 14.84c: September, 11.44c; October. lAlAo; November. ll.OSc; Pecember, K.Uc; January. lS.c: March. 11.07c. Dwlath ITaa Marie. rvCLl'TrT. May A Flex on track and to arrive. 13.50: May. 82. bid; July. -67 bid; September, 2.S bid. . Hop at New Tork. mrw TORK. May 8. Hop Firm. 4 Years' Record at fl2, k,AAe ........ Ending May 1st, Nineteen Hundred and Elleven SHIP FINE FRUIT Growers of LaGrande District Organize. C. E. CONKEY, PRESIDENT Association Decides to Market Its Froduct Through the North western Fruit Exchange of This City. LA GRANDE, Or., My t- (Special.) A meeting of th fruitgrower of th L. Grand district wa held her on Saturday to discuss plans for the corning season aad to organise a strong, effective association. Th existing association ha never been In corporated end ha not been In position to provide th grower with th necesaxy fclUtl for th loading, shipping and mar keting of their fruits, and thl lack has bean keenly felt. Thl valley can and does produce very fine" apples, pears and other kinds of fruit, but It h been handled heretofore In vary unsystematic manner, with resulting loss to the growers and a cor responding loss In reputation and prestige to the whola Grand Sonde Valley. It was to overcome this unnecessary condition that Saturday's meeting was held. The meeting wa well attended, and an organization wa effected and steps will ba taken Immediately to Incorporate under the Oregon lawa. Subscriptions to the stock were freely subscribed and temporary organ isation effected with th following officer and directors: C. H. Conkey. president; . H Tatman. vice-president; L. B. Moe. sec rotary. The United States National Bank will probably be appointed as Treaesarer. C. O. Ramsey, who ha been operating a packing and shipping warehouse at thl point, will have charge of the grading and packing, and especial attention will ba paid to this feature of the work, so a to lnsur a grd nd pack which will do Justlc to th excellent natural quality of the fruit grown, and make a reputation tor the valley. The following directors were chosen: C. H. Conkey. F. H. Ttman, O. O. Ramsey, J. B. Stoddard and I B. Moe. Th question of marketing wa carefully discussed, and It was decided that the La Grande Fruit Association, which Is the name of the new organisation, shall Join the Northwestern Fruit Exchange, of Port land, which te a fruitgrowers" exchange with extensive marketing facllitle and a very remarkable record in the way of distribution and prices. Accordingly, membership eon tracts with the exchange were executed. The Incorporation will be for fZOOO of th par value of 810 each, and the constitution and by-law adopted were patterned closely arter those of th Hood River Apple Grow ers" Union. " PRODUCE AT SAS FRANCISCO. Quotation Current In tb Bay City Mar fcet. SAN FRANCISCO. May 8. Th follow ing produc prices wer csrrent . today: Vegetables Cucumbers. 7ac1.10; gar lic 4r9c; green pea. S?5c; string beans. 102ic; asparagus, "Rcfc 11.80; tomatoes, nominal; ep plant. lOirlSc, Butter Fancy creamery, 22c. Eggs Store, 19Hc; fancy ranch. 21c. CheeM Young- America. 12 &13e. Fruit Apples, choice, 82; common, ll.j. e !'..- p.lirnrnla lemons. Mexican inamm, 1 choice. 11.25; common. 1.6I; orangea. navel. 11. 252.75. Onluns 133.75. Mlllstuffs Bran, 82(027; middlings, S1 J Hay Wheat. 811013.50 per ton; wheat and oats. !11: alfalfa. ".,,,. nrm Potatoes Salinas Burbanks. 12. IS 01; Ore gon Burbauks. S2.40t1.7i. - Receipts Flour. 4212 quarter sacks; wheat. 130 centals; barley 2DS3 centals; oais 271)4 centala: potato. 8430 sacks; bran. 18 sacks: middlings, 201 sacks. Metal Market. NEW TORK. May 3 standard copper dull; spot and May, 11.6011.80c: June. July and August, lI.6591I.7Ac London steady; spot 54 is 8d: futures. 54 l:ts 9d. Ar rival o copper reported In Now Tork to ri v. 7S tons. Export so far this month, 1SI9 ton . Lake copper, 12.87 Vt 012.50c; electrolytic. 12.12H W 12.37 Wo; casting. I,esd dull. 4.40ff4-50e New Tork. 4.2SO 4.80c Est St. Louis. London, 12 15- Bpelter dull. 4.404.45c New Tork, 6.209 8.XOC East St. Louis. London. 24 6s. Tin weiV: spot. 1.-.?42r: May. 41.7S Make a list of all the chuck-holes in Portland pavements for any period of time you may se lect, and none of them will be found in bitulithic. ; THE BARBER ASPHALT PAVING COMPANY Constructs Asphalt and other Bitu minous Pavements. 606-608 Electric Bldgr., Portland, Or. Oskar Huber, ilanager. iCii i-rxfr- inir - J V Q g 1 V i iZZ May 1, '08 May 1, '09 May 1, May 1, i On Fifth at Stark Street UNITED STATES Merchants National . v Established ISSa. Second and W ashlnKtoa Street. PORTLAND, OREGON. ' Capital and Surplus $350,000.00 IsslTred that the unexcelled facilities and thorough knowladse of local Conditions' acquired I during our twenty-five years of banking experience wi"l renTer relaUoni: one established permanently agreeable and mu tually beneficlaL R. Li. DURHAM. President. M- I. HOLBROOK. Vice-President. C-30. W. HOYT. Cashier. S C CATCHING, Asst. Cashier. C. DETERING. Asst. Cashier. LADD & TILTON BANK Established 1859 Capital Surplus and Undivided Profits Letters of credjt, drafts and travelers' checks issued, avail able on all parts of the world. Corner Washington First National Bant Capital $1,500,000 Surplus 750,000 Oldest National Bank West of the Rocky Mountains 41.5c: June. 41.S0i941.95c; July. 41.609 41.7Jc: August. 4 1.40 j 4 1.75c London dull. spot 193, future 181) 13s. Antininny dull; Cookson's. 9 99.50c Iron. Cleveland warrants, 46s in London. Localiv iron was quiet; No. 1 foundry. North ern. "15.2515.75; No. 2. J1513.50; No. 1 Southern and No. 1 Southern soft, 15.50 ft Ifl. TRAVELERS GTJIDxL AMERICAN WHITE STAR RED STAR ATLANTIC TRANSPORT WHITE STAR' DOMINION Canadian Sex-vxc w . Cc'i Of flee. 19 id Ave., Seattle; or C. W. 8tlner. ti Waexl. A. "."" tun. S5 Mor.j K. K. Johnson. 143 8jJ F F BxW, 100 d; Vald. Lidell. tt S. 6th; H. Dlokson. lit 3d. San Francisco, Los Angeles and San Pedro Direct. North PaelHa a 8. Cn'i & S. Roane- and S. S. EWir sail vry Wedneaday altaf 5tlr at P. at. Ticket oflica 132 Third it,, near Alder. UARTUt JT. HIGtET. Paasenref Aseat, W. H. SLCbSER. Frelcht A rent. yhone M. 1314. A 1314 NEW ZEALAND AND AUSTRALIA (Union line ot X. Z.) VIA TAHITI A1 WELLINGTON Trlrect throuch stearhers. sailing frorn 6an Francisco, May 31. and every 28 daya Well tagton and back. 1st class. J64 Other rales lo low. The line to lele of the South bea. For reservations se Coupon Railroad Agents, or address Oceania 8. 8. Co- Sa Franciaca. SAX rRAXCISCO PORTLAND S3. CO. - From Ainsworth Dock. Portland. A. M. SS Ro City May 8. Beaver IS, Iar IS. From San Francisco, northbound. 12 M. 68 Beaver MT . Bear- 11. Rose City 18. From San Pedro, northbound, 12 M. SS Bear May 9. Rose dty 14, Beaver 1. H. G. Smith. C. T. A.. 14. Third St. J. W. Raneom. A rent, Ainsworth pock. , yhonea: taln 402. 2GB; A 1408. C OOS BAY LINE STEAMER BREAKWATER Sail from Ainsworth Dock. Portland. S A M May 1 6 11. 16. 21. 28. 81. June 6'and"ev.ry Ave daye. Freight received at Ainsworth Dock daily UP P. M. Pas senger fare, first-class. 10; aecond-clasa. 17 includinr; meals and berth. Ticket of-n-e Ainsworth Docs. Fbonaa Vln 26 Main 170. A 12- 1 14 national I N Vn7 BANK ..$1,110,546.89 . 1,667,689.25 '10 2,910,185.89 '11 -.3,683,052.98 DEPOSIT ART. .$1,000,000.00 . 700,000.00 and Third Streets. TRAVELERS' GUIDE. ... ucnntlK lTinV r?n ' OPEN Rlr. J. xv,.-, V, rV , O 1 iU.n. I lirtU ir.i x rarnlved daily at Oak-st- doclc n u i i - lUvor. Whlta TTinatilla, Hood Salmon i.is- Psirii. f iver.ntr v 4v-x. - - - i Kichland, Hanford, TILefTa T JWiS- ton. Idaho, and In- j termediate poiota. j v-rarr-rTAfftxl PASSENGKB SKV iC J& FE 50 CENTS i XO HOOD RIVER. WHITE SALMON. THE j Steamer leaves Portland Sun.. Tues. Mgr. Phones ilain 2U60. A rr 1 XXIerhwBV and Scenlo Bout to Europe via Th St. Lawrenc Rlrer. the Shortest Ocean Passage. Less than Four Days at Sea "EMPRESSES OF THE ATLANTIC. Weekly sailings Montreal. Quebec, to vr: pocL First cabin. no: aecond cabin, -l---one-olass cabin .(called second cabin). '. third cabin. 30 and 31-25. Ask local agents, F. R. Johnson. G. A- 142 Third St.. or J. J. Foiater, T. P. A.. 809 First Ave.. Seattle, 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. . 'NEW YORK PORTLAND REGULAR 'FREIGHT SERVICE, low Rate. Schedule Time. AMERICAN-HAWAIIAN S. S. CO. 216 Railway Exchange, Bids. Fortlaad. Or. Main 8378- A 1922, Bank WW CANADIAN PAOIFBE OTEMfflSMIPS