Morning Oregonian. (Portland, Or.) 1861-1937, May 13, 1911, Page 17, Image 17

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    THE MORNING OIIEGOXIAN, SATURDAY, MAY 13. 1911.
17
!
(
K
PACKERS
ASK
MORE
Higher Prices on Columbia
River Salmon.
POUNDS DIME ADVANCE
Quotation Named by Kverdlns; &
Karrrll J re 91.85 on Tails, SO
on Flats and 91.15 on HaWes.
Good Park Expected.
Hitnj filth la a crone market for
tnnf.ijlraon this year. Bverdlng Farrell
nave Dtmrd opening prices above last rear's
level. - one-pound (lata and tails being ad'
vancea 19 cents and naif-pounds S rents.
Their quotations are as follows: Talis. II. S3
Bats. 12; half-pounds. SL1&. Orders hare
come In freely and these canners could sell
their entire prospective pack at these prices.
Their saJmoa Is being put up this year la
the new style sanitary cans, without solder.
Conditions are favorable for a normal
Pack alone the Columbia. To date the run
has been ahead of last year at this time
and the packers do not fear that high water
will interfere with their operations. With
modern machinery the canners can take
care of a catch of any slse.
Prices have not been announced yet by
the ether packers on the river, but the Im
pression prevails that all of them will name
a higher quotation than last year. In the
Eastern trade there has b-n much Interest
In this question and the bis Jobbers have
anticipated an advance. The New Tork
Journal of Commerce quotes sn authority
on the subject ss follows:
"The probabilities are that prices for
eanaed salmon will run somewhat higher
en Columbia River rhlnooka than last year.
The last bis: pack of salmon on Puget Sound
was In at which time 1.0"H.ono cases
were put up. In 1810 about t'rO.000 eases
were packed, so that for the two years more
than l.fMjo,uoO cases of sockeyes alone were
produced. This salmon baa all been mar
keted, which means an average consumption
In each year of over SOO.00O cases. This
season the pack of sockeyes Is not expected
to be more than 2..MX) cases. Tou will
readily see. therefore, that there Is bound
to be a tremendous shortage of sockeye sal
mon supplies, which, if made up at all.
nun be made np from the Columbia River
output. For this reason slone It Is not safe
to figure on the same basis this year for
Columbia River salmon as that of last sea
son.
"Of course, all the matters relating to
probable packs, consumptive demsnd and
food prices rn general ire bound to be con
aidered by the packers In making prices
on the canning pack of Chinook salmon, but
the most Important factor from the can
ners standpoint la the advanced coat of
parking as compared with that of previous
years."
race. new. (2.25 per hundredweight, cautl
flower. SI.5J1.73 iter dozen: cucumbers.
tl.it)i :5 per dozen: ess-clant. 15c lb: car
lie. Iutl2c per pound: ivttuce. SOo per dos-
' ' . . u ...r, V j . v ji i , A -.
' -i rf c per pound: peppers. 30ti3.o per
puuuu: raaisaes. lie per aasen: rouoaxo.
1 r a -o tr pound: Lorn a toes.
hAt'K. VKi;tlAIiI.KS Carrots. SLZfttf
I. SO per sack: Daxanloa 125 3 1S0: turnips.
1 25 J l.-Xl; beets, ti.yo
POTATOES Oreenn and Eastern. I2..K)
per hundred: new potatoes. Tvo per pound.
n .n Australian. I4.iitj4 per nun
and; Bermuda. 2w2.2S per crate.
Dairy and Country Prod oca.
PCCLTRT Hena Ht: broilers. 2c
turaejta. ZK; ducks. 22t2Tc; geese, nominal
aresaed turkeys, choice. 24c
tGGS tireeon ranch, caudled. fO021e per
oa; ess count. IV per a oxen.
-u r- uii cream twins. 1 3 J per is.
Tbucg America, lfcc.
BUTTER Cltr creamery extra. 1 and
pound prints. In boxes. iUc per pound: less
than tox lota, cartons and delivery extra.
ruKI Fancy. vtrl"c per pound.
YkAL f'ancy. VitfclOc per pound.
Crsc erica. Dried Fruits, Etc
DRIED -FRUITS Apples. 1I011V49 per
pound: currants, lilac: apricot. i:souc
dates, package. lste per pound; nga u!k.
white or black, by sack, tj c; i-ta,
l-.i: i2-i:s. lie. i-iia, Si-J; h-ik c,
smyrnas. ISO.
iALHON Columbia River. 1-pound talis.
12. le oer doaen: 2-pound tails, sl.se; 1
pound flats. i-0; Alaska piux, 1-pound
talis. 11.26.
COFFEE Roasted. In arums. 11414a per
pound.
-M.TS Walnuts. 17 S ISO per pound
Brasil nuts. 14vltc: nlbarts. lto; almonds.
HOIlc; peacan. lie: coco acuta. )0ovtl per
dosea; chestnuts. HVio per pound; hickory
nuta Salvo per pound.
HOXliI Choice, sj.it per case: atrainea.
I Wo per DOuAd.
HALT uranulated. Ill per too; Hair-
ground. Ides. Il l per ton; sue, II per ton.
BKA-Nd Small white. 4 lie: large white.
ffec; Uina. V.c; pink. io; red, alexicana,
liac: bayou, to.
RICK No. 1 Japan, lie: cheaper grades.
J.3 ..: southern head. 4sT7o; im
ported Imperial, lc; Imported extra, No. 1.
buuan Dry granulated, fruit and perry,
16.41; yellow D. 14.701 powdered. S.i.
Terms on remittances within 1& daye. d
duct 4e per pound; If later than II days
and within II days, deduct He per pound.
Maple sugar, lSiulse per pound.
rBODCCE AT BAS FRANCISCO.
Quotations Current In tlie Bay City afar.
Sets.
SAN FRANCISCO. May 12. The follow
ing produce prices were current todsy:
v tigetabtcs Cucumbers. euirtiOc; garlic, 4
0 6c; green peas. Itf 4c; string beans, 5 2
Ic; asparagus. TScfetLeO; tomatoes, IL&O
tl-: e;tg plant, l.iuc.
Huttcr riv; creamery. X3c
Egge Store. 19c: fancy ranrh. 21c
Cneese Young Americas. Ilsfel4c
Onions Nominal.
MlllstuSs Bran. 128029: middlings. 131
a jo.
fruit Apples, choice. 12: oommon. 11.99:
Uexican limes. li.Mni- California lemons.
cnotce. i3.z; common, 9i-v; oranges. navaL
l.JOWO.
Bay Wheat. Ill OH 50 per ton: wheat.
ana oats, evoi; aiiaua, luaii.
Potatoes dallnaa Burbanks. 12.1101: Ore
gon nurotDii, I.MW-IU.
Receipts Hour. 232S quarter sacks
neat. 3s cvntais; oats. 12.011 centals:
oats. Oregon. 337 centals; bran, 109a sacks;
miaanncs. b sacks; nay. lott tons: wool.
&to bales.
SMALL RU1M AT YARDS
11 I.I. PRICES ARE PAID FOR WHEAT
OrTe rings Are Small In All Department of
the Oraln Market.
A firm feeling prevails In all branches ef
lh- grain, flour and hay trades, but the
market doea not show much sign of activ
ity. Wieat offerings are small and buyera
can only supply their wants by paying full
prices. Quotations show few changes from
last week.
Weekly foreign wheat shipments were re
ported by the Merchants Exchange as fol
lows:
This wk. Last wk. Lnst yr.
Argentina . . . .2..1'W.not 3.-sStt 2.JX'l.ltO
Australia .... 03.1.'o l.Syj.l.Xl 3J,o.o
In Ha ;:!.UOO 344. OK) SI 2.1X10
Lcal receipts. In cars, were reported by
IDA jaercnanis r.xcnanste as follows:
W heal Barley Flour Oats Hay
CATTLE AXD
SHEEP MARKETS
ARE STEADY.
Hogs Show Signs of Weakness, but
Prices Here Are Well Above
the East.
Ionday
TiieHlty . .
Wednesday
Thursday .
rlday
;.i
... -::
... 31
... 2.1
10
Tear ago 9
.ason to datel1373
Year ago .... 9120
4
4
T
44
I24S
3a
4
12
11
7
2170
11-30
10
4
S
5
3
."l4
1120
IS
13
B
9
2908
2721
OUJ HOPS SEJ.I. AT TEN CENTaf
Bnalneea H Ala Dnne la Last Tear's Crop
In This btate.
Old hops sold at the highest price of the
season yesterday. 10 cents being paid for
the crops of 1904 and 1907. This shows
healthy strengthening of tba market In all
Its depau-tments. Gunderson Bros., of Oer-
vats, sold IIS bales of 1906s and 101 bales
f 1907s at this figure to Mlsrhler and Crib
ble, of Aurora. There nre now left unsold
In Oregon, 1000 bales of 1900a and 800 bales
of 1907s.
Another important transaction In the mer
est was the purchase by Julius Wolf of 10S
bale of 1910s from Marlon Palmer, of 611
Terton. The exact price was not learned,
but It was better than 20 cents.
The contract market continues blocked,
as growers news continue above those of
buyers. In Yakima. 20Tj cents hss been
offered and refused for the new crop.
A California wire reported the purchase
by Donovan of the Hutchersoa lot of 110
tales of 19O0 Sonomaa at 13 cents.
STOCKS OF TILLAMOOK CHIE8K SMALL
Market la Strong. Bnt Not Likely to Co
Higher.
The market continues almost bsro of Til
lamook chooee and prices are strong) but the
leading handlers have no Intention of ad
vancing their quotations, as the present
scarcity Is only temporary and a higher
level of prices here would bring In che
from the East. There Is a good shipping
demand, but orders can only be partly filled.
The butter market holds steady on city
creamery at the old prices.
There was no chute In the egg situation.
Receipts on the street were small and the
demand was not active.
Chtrkena continued firm and cleaned np
early. Dressed meats were weak.
BETTER MTPI.T OF BERRIES TO DAT
Larger Shipment af the Season Will Arrive
Iron Calif,
The market was short of strawberries
yesterday, but will be better supplied today,
as between 120O and 14'K crates will arrive
from Florin and Loom la. Prices will bo
Brm. ,
A car of Walla Walla aaparagus wss re
ceived la the afternoon. A car of fancy
asparagus will be in from California tomor
row and will be the laat long green car of
the season. The street is badly over
stocked with rhubarb, which sells aa low aa
1 S cents a pound.
Bank Clearings.
Pank clearings of the Northwestern cities
yesterdsy were aa follows:
There was a small run of stock at the
yards yesterday and consequently business
was light. Cattle and sheeg were steady
In tone, but the feeling In the hog dtvlslon
was barely steady.
fso steers were offered and onlv a few
fair-grade cowa and a bunch of poor calves.
A good-slxed lot of fair to choice wethers
brought 14.60. while for the hogs .75 was
11 the buyers would pay.-
Recelpts were 21 cattle and calves. 269
sheep and SO hogs.
Shippers were W. Cooper. Union. 1 car of
cattle, calves aad hogs, and John Shepherd.
Jsckson. Wash., 1 car of sheep.
The following table, compiled by the
Livestock Reporter, shows the source of the
livestock shipped to the Portland market In
April:
Calves. Hogs.
Ill 7W
16 1002
' 14 232
Cattle.
. . . xj
...1S20
.. 2
... 72
...1441
2heep.
11.9J6
l.135
638
1.032
Portlard
rteattle .,
Tacoma .
Spokane
Cleirtnvs.
....ll.srw.U'rt
.... 3.111.17
.... 711
.... S..2.7!
Balances.
1--M4
142. S7
.304
90.343
PORTLAND MARKETS.
Bluertem. PS
. Sic; Valley, sfc;
Oram. Floor. Feed, Eto.
WHEAT Track prKts:
V4i-: riub.ic. red KUMiaa,
eu-foUl. S7c
HAMLET Choice feed. I212.30l.
illLLsTL'FFS Hran. !2t.soa23 per ton;
tr.lod :t'- 131; shorts. 4-3. ti u. ro.led bar
ley. - iClfl'l-it.
FLOCK Patents. 14.93 per barrel;
straights. 13. Ii; exports. II II; Valley. 14.1a;
wrah.m. 14 : whole wheat. 4 70.
CORN Whole. 129; crnekej. !3o per ton.
OATS No. 1 white. I -.; per too,
MAT Timothy, fcastern Oresnn. Xx L
2l.io6 J---.: liht mixed. 119020; heavy
raised. 117.508 11.30: alfalfa. 1141, 1I: clo
ser. lJoJ 13-iO; grain hay. 1 13.30 I4.IA.
TegetabWe aad rmfta.
TROPICAL FRUITS Oranges, aavets.
33 23 b 3-2 J per box: California grapefruit.
$3a3.tO: bsnansa. IT13SC per pound; pine
apples. ie; tr pound: lemons. tl.Sti;
tarcerinee. 11.73 per box.
FRESH FHl'lT t!:rawnrrles. Florin. 32
3 per crate; c-"errrlea, 13 Sc per pou-d;
apples, fancy. 19$2.3: choice. 314IL30;
ommcn. 73cflJl per berx.
VEOETAPLKS Aipararua. tint per
oVez; HwLIOper doi; beans, 17 d 2e; cab-
rjtata.
Oregon . . .
Idaho
Washington
California
Montana
Nebraska 2829
Utah . .
Totals 6A6S 141 4t3 18,131
Yesterday's sales were as follows:
Weight. Price.
13 calves 4I6 4.73
4 cows 9U0 fi.&0
3 cows 903 6.30
4 cows 847 4.33
1 bull 1040 . 6.00
1 bull 1120 4.30
221 wethers 95 4.60
30 hogs 207 6 73
2 horses, chunks 823.00
Prices, current on ths various classes of
stock at ths Portland Union Stockyards
wero as follows:
Prime grain-fed steers 17.00 S 17.25
Price bay-fed steers 6.S.. v 7.00
Choice steers ..". 1 6.85
cooa to cnoice steers. ......... . e.uot 6.oo
Fair to good steers. . fi.73''( 6.O0
Common steers A..Otf 3.73
prime cows t 7. 6.25
Good to choice cows .... 5.1h-o 5.25
Fair to good cows 4.75 C.0
Poor cows 4S0' 4 73
Choice heifers &.totit e.74
Choice bulls 4.7S0 5 00
Good to choice bulls. 4.23r 4.73
holes light calves.. 7.73 o) S.00
Good to choice light calves 7.J0 j 7.73
Choice heavy calves 3 I0v 6,o
r.ood to choice heavy calves.... &,vity 5.50
Choice stags S.73J 6.23
Good to choice stags 0.25a 6.13
Hoar
Choice bogs 6 709 7.00
;ood to ckolce hogs ........... 6 5" 6.70
Choice heavy ti.txltr 6.-0
Common ......... lOOtt a.04
btix-k hogs T.OOtl T.25
Cheep
Choice Spring lambs 6 T5 7.00
1vm4 to choice Spring lambs.... A.0v-a 6.75
Choice yearlings 5.2.1? S.50
;ood to choice yearlings ....... &.oi&r 5.i'5
Fa.r to medium yearlings 4 7 3 vr 5.00
Choice ewes 4 fto 4.75
Good to choice ewes ........... 4aiis 4-50
Fair to medium ewes &.7S 4.00
Good to choice heavy wethers.. 4.5f &.no
OM heavy wethers 4.'H1 4-50
Mixed lots 4.'lx 5.00
The following quotations represent prlaee
en this nisrWet tor the uttrercat t-latses of
Kortes: Drafters, extra heavy. 13004130a:
drafters. 14uO to 1700 Iba. (150S 330: draft
ers. 12iK to 1400 Iba. HOOj230: chunks,
I0li0: plugs, 110 40: driving horses, $TS
and up; saddla horses. IO and up.
Chicago Uvrstoek Market.
CHICAGO. May 12. tattle Receipts es
timated at 13VO; market steady. Beeves,
14 59645; Texas steers. 4X05.O; West
ern sieers. 34.9041 3.60; sten-kers and feedra.
I4 3.Y65: rows and heifers. I2.40U6.63:
calves. 14 6017 0O.
Hoes Keccipts escirnaieo. at i.umi. alar-
ket gene-ally 10.- hlgb-r. Light. I:t?6.40;
mixed. 3.K99.21; heavy. 13 SOT, a. 20;
rouch. ..bOa.W3; gooa to cnoice heavy,
IM.Sii.:h. Pigs. S.eo(6.35; blk of salea.
.05t6.20.
bneep rieceipis minwru ai lu.u)"!. jinr-
ket steady. Native. l3'tf4.M: Western.
1.504i; yearlings. 14.H0H S.0: Jambs,
native. S4.v4.ou: eeivrn, rMf
Seattle Market . . .
BUYING M CLIP
Dealers Contracting Freely in
Triangle Section.
ACTIVE AT SODA SPRINGS
Better Than 17 Cents Reported to
Hare Been Paid for One Clip.
Old Wools Qnlct With Some
Demand for Palled.
BOSTON'. May 1!. The Commercial Bul
letin will say of the wool market tomor
row:
Business In the Boston wool market for
the week hss been moderate as a whole.
with Interest In certain lines more pro
nounced this week than last. Fleece wools
nave sold mora freely, but at the same level
of prices, while the demand for pulled wools
has been somewhat more pronounced than
a week ago. Eooured wools were active,
while territories have moved moderately
welL
The new wool clip hss attracted ths great
est attention of the trade, the triangle sec
tion 01 tne west being the center of at
traction. Dealers have shown a more ag
gressive attitude towards the new wool than
hitherto, contracting quits generally In the
section around Soda Springs, and paying
tor one cup. it is said, teller than 17 cents.
borne buying is belne- done in Ohio and
Michigan, but on a mors limited scale. IS
and 13 cents for medura and fine wools be
ing ttio respective ruling prices.
per cent) closing oia, iti par cent; oaerea i
- per cent.
Time loans lirmer. wrxiy aaya, wer
eent; 90 days, 2H per oent; six n ontna, ij
S.tlftT ceDL
prima mercantile paper, .8 54 to 4 per
eent
Kterllne- exchange steady with actual pusi'
ness In bankers' bills at 34.8450 for 60-day
bills and at 14.8040 for demand.
Commercial hills, 4.o3.
Bar sliver. 53 He
Mexican dollars. 45c '
Bonds Government easy, railroad Irreg
ular.
CHICAGO. May 12. Exchange on New
Tork, 15c premium.
Stocks at Boston.
BOSTON. May 12. Closing Quotations:
Allouex 31 IMohawk 30
I Amalg. Copper.. 2'4 'Nevada Con. ... 1SH
A. Z. U Sin.. 24VNlptssing Mines.. M1H
Arizona Com. .. 13iNorth Butte..... 27 Hi
Atlantio 5 North Lake 654
B ft c C Ar S M. 12V Old Dominion... 4u
Butte Coalition. 17
Cal. ft Arizona. 48
Cal. ft Recla. . .459
Centennial 11
Cop. Ran. C Co. 60
K. tfutte CD. M. 11 u
Franklin 9
Olroux Con. .... 514
Granby Con. 83
Greene Cananea. 6 do preferred ..46
I. Rovale (Cod.1 15 ITTtah Con 14
Kerr Lake OS'l'tah Copper Co. 44 li
Lake CODDer. ... 32 I Winona 6
La Salle Copper 5 '.4 Wolverine 10S4
Miami copper... lDVi
Osceola
Parrott (3 ft C) II H
Quincy 68
Shannon
Superior 33
sup ft hob inn., a
Sup ft Pitts Cod. 14
Tamarack ...... 36
U. 8. S. R. ft M. 34
HIGH
PHIGE FOR OfllOUS
AUSTRALIAN'S ADVANCED TO
" .4 1-2 CEXTS AT SEATTLE.
Wdbl at St. TMils.
FT. LOt'IS. May 12: Wool Unchanged.
territory and Western mediums. 1542 17c;
idtsiac: nne. licflc
fine mediums..
IN STOCKS
PEMAXD TOO SMALL TO MAIN
TAIN PRICES.
Declines Are Small as Bearish
Traders Are Afraid to Follow
Market Downward.
XEW'TORK. May 11 The demand for
stocks proved too small today to maintain
prices at the level fixed by yesterday's rise
and a mild reaction occurred. Today's losses
were slight, however, aa beartnh traders were
reluctant to follow the market downward.
The market. In consequence, was virtually
at a standstill much of the day.
A atgnmcant development of the dav was
the ready sale of the .11.000.000 three-year
' per-cent notes or the International ft Great
-Nortnern Railway. The rapid sale of these
notes was regarded as an Illustration of
tne large demand for short-term securities.
Another Indication of the existence of laree
demand Investment Is found fn the sustained
strengtn or the bond market. It Is gen
erally expected several Issues- of new se
curities will be brought forth in ths near
zuture.
Tomorrow's bank statement should ahow
a smau gain in cash by the banks.
Bonos were irregular. Total salea nsr
vaiue, et.iu4.uvu. united states coupon 4s
ueciineu a on call.
CLOSING STOCK QUOTATIONS.
Closing
Bio.
26 '4
02
56 i
48
11
6514
Supply of Berries la Light and Mar
ket Is Lifted Alaska "Egg
Orders Are Large.
SEATLE. Wash.. May 12. (Special.)
Strawberries were so scarce today that the
price advanced. Only 150 crates arrived
from Florin last night. Dealers could have
handled 2500 crates had they been avail
able. The best Fiorina sold today aa high
as 3 and few good berries sold below 12. 50.
Australian onions were quoted In some
quarters on Western avenue today at 44
centa. establishing a new high level for
onions in this market this year. English
walnuts are quoted higher at 18 cents. A
fresh carload, of Florin grapefruit has
lived, but Is unchanged in price.
The produce trade was fair today. The
demand for poultry was brisk. Several un
filled orders remained on dealers books to
night on account of the limited supply. A
few small Alaska orders were filled today.
Northern egg orders are larger than a year
ago. Veal sold briskly ar Jop prices.
With higher prices In the East, the lo
cal wheat market today was strong and out
side prices were paid for wheat In the coun
try. Buying has been renewed at several
Interior points. As high as 95 cents was
offered for No. 1 bluestem today. Club
drags, owing to the inactivity of the Ori
ental flour market. Practically no new flour
business has been worked m the Far East
during May. Oats were firm at $29.50 and
barley at .28.
Sales. High. Low.
1.400
loo
E.9O0
1.300
63 it
67
4S
12
1.000 66 H
son
100
600
2O0
20O
lOO
100
7.1 ii
105)4
1484
HSS
8744
1104
103
124 4
10
32
74
28SS
27 H
99 is
S00 80 Vi 794
100
100
1,000
so
100
300
600
"s76
100
10, 900
2.OO0
800
2tH
600
20
42
145
120?
60 .
1434
15
"2S4
644
'ai
50
40
157 U
12T
200 1364 140
Imports and Exports.
N'frW TORK. May 12. Imports of mer
chandise and dry goods at the Port of New
York for the week ending May 6. were val
ued at 616.3S1.843.
Imports of specie at the Port or New itrx
for the week ending today were 14 8.152
silver and tas.791 gold.
Kxpnrts of specie for the week were Ii'15.,
t'i silver and SHOO gold.
Allts Chal pf ...
Amal Copper .
Am Agrlcult ..
Am Beet Sugar.
American Can..
Am Car ft Fdy.
Am Cotton Ool..
Am Ha ft Lt pf.
Am Ice Securl..
Am Linseed ...
Am Locomotive.
Am Smcl ft Ref
do preferred..
Am Fteel Fdy..
Am Sugar Ref.
Am Tel ft Tel..
Am Tobacco pf.
Am Woolen .
Atchison S.900
clo prererred. . lOO
tl Cosst Line. 100
Bait ft Ohio ... 20O
Bethlehem Steel 2o0
Brook R Tran.."S..W0
Canadian Pac... 2.740
Central Leather
do preferred. .
Central of N J.
Che. ft Ohio ..
hlcago ft Alton
Chi Gt West ..
do preferred. .
Chicago ft N W
M ft St Paul
C C ft St L.
Col Fuel ft Iron
Col ft Southern.
Consol Gas
Corn Products ..
Del A Hudson..
D ft R Grande ..
do preferred..
niKlllers- Secur
Erie
do 1st pf
do 2d pf ...
Oenersl Elec .
Ot North pf ..
Gt North Ore .
Illinois Central
Interbor Met
do preferred.. 100
Inter Harvester fioo
Inter Marine pf 3oo
Int Paper 200
Int Pump 1O0
Iowa Central .. $0
K C Southern .. 100
do preferred.. ......
Larledo Gas .. 4O0
lAuls ft Nash.. loo
Minn ft St I... S')
M. 8 P ft 8 S M 200
Mo. Kin a Tex 4O0
do preferred
Mo Pacific .... 600 49i4
National Lead.. ...... .....
Mcx N Br ! pi. .HKl
N Y Central . . . 1,1 no
N T. Ont ft Wes loo
Norfolk ft Wsst
North Am .,
Northern Pao
Pacific Mall .
Pennsylvania ... 2.4O0
People's Qns . .. 20O
P. C C ft St U. 00
Pittsburg Coal
Pressed S Car...
Pull Pal Car
P.y (Meet Spring.
Resdlng 2.WO
Republic Steel.. 600
dr preferred. . 100
Bock Island Co
do preferred. .
St L. ft 8 F 3 pf HO
8t L Southwest. ......
do preferred.. .
Sloss Sheffield 300
Southern Pao .. 200
Sou thorn Ry .. g.300
do preferred.. 4O0
Tenn Copper .. ......
Texas ft Pacific
Tel. St L ft Wes 200
do preferred..
IJJnion Pao .... ir..5io
UW iirriLTmb, ..'".
TJ 8 Realty ... 4oo
TT S Rubber ... oo
O 8 Steel 23.200
do preferred., l.&oo
TTtah Copper loo
Vi-Caro Chem 7 8.600
Wabash
do preferred..
Western Md . .
Westing E lec
Western Union.
Wheel ft L E..
Lehigh Valley
624
67
47
11
Metal Markets.
NEW TORK. May 12. Standard copper.
dull; spot. May and June, ll.65ll.60c;
July and August, 11.5511.65c London,. dull;
spot. 53 lis 3d; futures, 54 2s Cd.. Ar
rivals reported at New York today. 745
tone, Custom-houso returns show exports
of 10,000 tons so far this month. Lake cop
per, 12.37 12.50c; electrolytic, 12.1214 O
12.25c; casting. 11.87 12.00c
Tin, dull and Irregular; spot. 42.55a 43.25c;
May. 42.40e42.60c: June. 42.65&43C: Julx
41.78 42.40c London, steady; spot, 106 10s.
futures. 189.
Lead, easy, 4.40 4.50c New York; 4.20
4.25c East St. Louts. London, spot, 13.
Spelter, weak. 8.33g6.45c New York; 5.20
ft 5.25c East St. Louts. Sales. 50.000 July,
East St. Louis, 5.15c and 50.000 pounds
August East St. Louis at 0.15c. London,
24 7s 6d.
Iron Cleveland warrants, 45s 9d In Lon
don. Locally iron was quiet; No. 1 foundry
Northern, No. 1 Southern and do soft, -$15.25
4 15.75; No. 2 foundry Northern, Ilog iS.oO.
75(4
105 Vi
14SS
N4
87
110
103 4
124 i4
1041s
32
79
571
99 Va
20 H
42
145
12054
60
1434
1 Vi
28' "
644
"siii
OO
34
157 4
1204
624
12714
10
3
104
344
ios
14.1
2.".
134
33
32 S
17"4
42 '4
1.200 125 Vs
121 '4
1054
15614
3
94 V4
52 S
1264
17
10
39
15
344
10514
l"irt
32 54
"484
K'7
4214
12414
1214
los
934
1554
-"'),
9414
4014 - 40
Prop la May Fork.
CHICAGO. May 11 May pork fell 11.43
barrel In price today, closing at S16 as
against S17 43 24 hours previous. There has
been something of a squeexe against short
sellers In that option and the drop In quae
tat ions was taken to mean that the delin
quents bad pocketed their losses and effect
ed a settlement.
IMilntB Flax Market.
PaiTH, May 12. Flax on track and to
arrive. 12.5S: March. $2.35 bid: July. 42.5114
bM; Beptemaar, a.9 somisrs
49 S
114",
sa
4!4
114X
27 14
63
19)4 194
178 4
P.14
7114
SB 4
76 V4
1194
44
61
177Vi
MJ4
764
g
119Vk 119
444 444
22
10 li
87
74 H
104 J
. 4014
lis
14KV4
9S14
3714
J IO
1084
104
314
784,
23114
2714
B'JVs
278
794
so .
204
424
14514
J-'"!4
20 H
524
14S
14.
64
34
814
4!
ir.fl
120H
o
l.Hl
184
2
1204
164
111
38
15V4
- 334
7
ll)5i
1451s
136
324,
48
M 4
82 14
HMt.
ec
111614
72 i
1244
24
1214
10414
93 S
20'4
32
160
31
1.15 '4
234
94
204
en s
4ua
3l
66Vi
48
1144
27 n
5Vs
30
2i;V4
19
484
17714
P5
76
894
75 Vi
Coffee and Sugar.
NEW YORK. May 12. Coffee futures
closed steady on showing of early cablet.
The close was firm at a net advance of 69
12 points. Sales. 20.000 bags. May, 10.35c;
June, 10.40c; July, 10.85c; August, 10.37c;
September, 10.17c; October, 9.97o; Novem
ber, 9.90c; December, 9.82e; January, 9.82c;
February, 9.63c; March and April. 9.84c.
Spot, quiet. Rio No. 7, Tiftc; Santos NO.
4. 1214c Mild coffee, quiet; Cordova,' 139
15c. nominal.
Raw sugar, steady. Muscovado. .89 test.
3.36c; centrifugal, .96 test, 3.86c: molasses
sugar, .89 test, 3.11c Refined, steady.
Condition of the Treasury.
WASHINGTON. Msy 12. At the begin
ning of business today the condition of the
United States Treasury was:
Working balance In the Treasury of
fices -.. .2a.l40,6I7
In banks and Philippine treasury 81.2S6.476
Total balance In general fund. ..- 82.209.709
Ordinary receipts yesterday 3.645. 209
Ordinary disbursements 1.52S.633
T)efieit to date this fiscal vear 24 9:il
Deficit this time last year. 17,152,124
These figures exclude Panama Canal and
public debt transactions.
Dried Fruit at New Tork.
NEW YORK. May 12. Evaporated ap.
plea, nulet, small offerings, prices firm. On
the spot, fancy, 14 14 y lie; choice, Z3iU
14c; prime. 13c.
Prunes, nrm. quiet; quotafons range from
etJ14'.4o for Callfornlas usf to S0-4Os, 114
14c for Oregons from 80s to 30s.
Peaches, inactive, but nrm; choice, 84 w
Be; extra choice, 914 6914c; fancy, 914 4 10c
Chicago Produce Market.
CHICAGO, May 12. Butter Steady.
creameries, io2ic; aairies, 1318c.
Eggs bteady. Receipts, 25,034 cases: at
mark, cases Included 12V413c; firsts, 1514c
prime firsts, 14c
Cheese steady. Daisies. 12 14 42 14c: twins.
1Z14C; loung Americas, 13 He; long horns.
SHORTS'ONTHERUN
Stampede to Cover in Chicago
Wheat Pit. "
MARKET CLOSES FIRM
Doubtful Condition of the Crop in
the v Southwest Causes an
Abrupt Change In
Sentiment.
niv Ai,u, MAT 12. Short sellers were
stampeding for cover today at the close of
ino maricei in wheat. Their action was
due to the pit having become oversold and
then suddenly confronted with millers' re
ports telling of a somewhat doubtful con
dition of the crop In sections of the South
west where the drouth was most severe last
rati, a larger number of shorts were out
on the run today than at the previous ses
si C. Early pressure from longs, who wero
easing their position and taking profits,
tempted excessive short selling. Then there
were seemingly well-founded statements cur
rent that the recent wetting down of the
Dakotas and Minnesota, as well as Canada,
had been of much greater benefit than was
generally supposed. The resulting decline.
nowever, came to an abrupt end after mid
day, when Assertions were made that Kan
sas City shippers were sending back Into
Missouri, Kansas, Oklahoma and Texas for
milling. On all months except May the
market closed firm at about the best prices
of the session. July ranged from'884c to
do at o and In the end was 1 a 1 Vk c up at
9014 c.
In. corn the chief feature was the rela
tive weakness of the May option. July
fluctuated . between 524 and G3Vic53Kc
closing at 52S3c. with a shade net gain
and firmness on the bulge In wheat. Cash
grades were In good demand. No. 3 yellow
finishing at 5414 55c. v
Alleged damage by drouth In the South
west and In France helped a rally In the
oats trade. July figures ran from 8314c to
344c. wlti the close 14c off at 3414c.
ah provisions showed an easier tone and
at the nnal bell were fractionally cheaper.
with May pork nominally 81.45 less expen
sive than last night.
The leading futures ranged as follows:
WHEAT.
Open. High. Low.
S .9S4 S .97V4 t .964
.S91-1 .90 .88.
'.8S .89 .874
.904 .914 .89
CORN.-
V .54, .544 .S3 14
V .52 .534 -B0V4
.53-4 .SS4 .5274
.SIVs .61Vi -50i
OAT3.
.3314 .3414 .33
.33-14 -3414 .334
.33 .34 .33
MESS PORK.
May 17.46 17.45 1S.00 . 16.00
July 15.15 15.15 16.00 15.0714
14.3114 14.37Vi
May....
July....
sept. ...
Dec. ...
May....
July.
Sept....
Deo.....
May..
July. .
Sept..
Close.
-96
.90 14
.894
.14
.53
.93
.534
.61 V4
.344
.3414
.3
Sept.
July....
Sept. ...
July. ...
bept. . ..
14.50
8.174
8.25
8.00
7.954
14.50
LARD.
8.224 8.25 8.15
8.30 8.30 8.224
SHORT RIBS.
8.104 8.10 7.974
8.0214 8.0214 7.95
Cash quotations were as follows:
Flour Steady.
Rye No. 2. il.1001.12.
Barley Feed or mixing. 6585ct fair to
choice malting, 7c4 Jl.Uo.
Flaxseed No. 1 Southwestern, none; No.
Northwestern, none.
Timothy seed 812.
Clover (15.75.
Pork Mess, per barrel,-$17.37 17.50.
Lard Per 100 pounds, 87.508.1214.
Grain statistics:
Total clearances of wheat and flour were
equal to 257,000 bushels. Exports for the
week, as shown by rsradstreets. were equal
to 3,132.000 bushels. Primary receipts were
540,000 bushels, compared with 320,000 bush
els the corresponding day a year -ago. Esti
mated receipts for tomorrow: Wheat, 113
cars; corn. 195 cars; oats, 145 cars; hogs.
11,000 bead.
Flour, barrels
Wheat, bushels
Corn, bushels ..
Oats, bushels . .
Barley, bushels
Receipts. Shipments.
13.800
....223.000
....210,000
. ...191,000
.... 23,000
7.000
105.000
77.400
324,900
11,200
Grain at San Francisco.
FRANCISCO, May 12. Wheat
per cental;;
cental;
SAN
Firm.
Barley Easy.
Spot quotations
Wheat Shipping, J1.4714
milling, $1.50 per cental.
Barley Feed. gl. 4501.4714 per
brewing, 11.551.57!4 per cental.
Oats Red, s 1.32 14 tr 1.45 per cental
white, nominal; black, il.l51.32Vi per can
can Doara sales
Wheat No trading.
Barley December. fl.3Kli per cental
May. 81.494 bid 1.50 asked per cental.
Grain Markets of tbo Northwest.
SEATTLE. May ' 12). Wheat: Bluestem,
94c; fortyfold. 88c; club. 8714c; Fife, 8714c;
red Russian. 80c; oats, $28 per ton; barley.
$29.50 per ton. Today s car receipts, wheat
Vi cars, hay 3 cars.
TACOMA. May 12. Wheat: Bluestem, 94
90c: fortyfold. 88c; club. 8614 s7c; red
Russian, 84c Receipts Wheat lo cars, corn 4
cars, oata 1 car.
New York Cotton Market.
NEW YORK. May 12. Cotton futures
closed steady, net 1 point higher to 5 points
lower. May, 13. sue; June, 15.70c: July.
15.7 .c; August. 15.45c; September, 13.70c;
October. J3.0tc; isovemner, 12.:uc; Decern
ber, 12.93c: January. 12. Hoe; March, 13.04c
- London Wool Sale.
LONDON. May 12. The offerings at the
wool auction sales today consisted cf a. mis
cellaneous assortment of 11,037 bales. Ths
i demand was quieter, but the best grades
remainea active ana nrm. cape of Good
Hope and Natal were slow. Prices were
unchanged.
60
AO 14
154
364
60S
6S-4
74
4
173V4
100 364 3R4
8,500 0 BUVi
SIH) 684 6Si
200 74. 744
2tH 4H 4 i
900 174U 174
Total skies for the da-. 163,100 shares.
BONDS.
NEW TORK, May la Closing quotations:
TJ. S. ret. 2s reg.l'K) V. Y. C- g 314s 884R
do coupon ...looT4.No. Pacific 3a... 71B
TJ. S. xls reg lot No. Pacific 4s...loo4
do coupon ... 1014 Union Pacific 4s.l014
TJ. S. new 4s reg. 1144 Wis. central 4s. X.lVj
do coupon .. .114-' ! Japanese 4ak... 89
D. B- U- 2T4B
Money, Kxchange, F-te.
LONDON. May 12. Bar silver Steady,
14 l-14d per ounce
Money 14 per cent
The rate of discount ra the open market
for short bills Is 23-11924 per cent; three
months' bills. 1 1-16 per cent.
SAN FRANCISCO, Msy 13. Sterling on
London, 40 days, 14-84 Vi ; sight. 44.81 H.
Drafts Sight, par; telegraph, 3c
NEW TORK. May IS. Money on call
steady. Oka Aim. xwr east; ruling rate, 214
London Stock Exchange.
LONDON, May 11. American securities
opened steady and about unchanged today.
uuriag tne nrat nour prices advanced on
fair buying. and at noon the market
ranged 4 to 4 higher than yesterday's
ew xorg closing.
Hops at New York.
NEW TORK. May 12. Hops Firm.
Grants Pass la Host Today.
GRANTS PASS, Or., May 12. (Spe
eial.) The third annual convention of
the Epworth League of Southern Ore
gon will meet in this city tomorrow
and will continue in session for three
days. Various exercises have been pro
vided for each day. Ministers from all
the valley towns and Klamath country
will participate in the programme. The
district officers are: President, James
Martin; secretary, Ida B. Momyer;
treasurtfr. C C Robinson; league su
perintendent. B. A. Bristol. The South
ern Pacific has granted low rates for
the occasion.
Vancouver to Celebrate Fourth.
VANCOUVER, Wash., May 1J- (Spe
cial.) At a meeting; of the Commercial
Club' members here tonight, it was de
cided that Vancouver would have a three
days' Fourth of July celebration. A com
mittee of 12 will be named to take
charge of the arrangements for the cele
bration. During the celebration lt is
planned to have motorboat races on the
river. The chib has. appointed Mm.- J.
W. Smith. Rev. Otto B. Gray and Dr.
J, M. B. Chalmers a committee to per
feot the organization of an Associated'
Charities Society here.
European Grain Markets.
LONDON. May 12. Cargoes firm. Walla
Walla for shipment. 36s.
English country markets firm, 6d dearer.
French, country markets firm.
LIVERPOOL, May 12. Wheat May. 7s
ad: July. 6s 115d; October, 6s 9sd.
Weather, cloudy. 1
; NOTI
?
Minneapolis Wheat Market.
MINNEAPOLIS. May 12. Wheat
May. 99c: July. $1.00: September. 9.1V4
B3!4c; December, 921jc. No. 1 hard, $1.03;
No. 1 Northern, $1.01 1.024 ; No. 2 North
ern, 98c $1.01 14; No. 3 wheat, 64399c
Hops, at Jondon.
LIVERPOOL May 12. Close: Hops at
London. Pacific coast, IS 5s & 6 6s.
Automobilists
.TTENTIOI
"I do not believe
the rough surface
finish on bitulithic
pavement will in
jure automobile
tires unless the
brake is applied too
suddenly, causing
the tires to slide."
P. A. Young, Al
bany, Or.
THE BARBER ASPHALT
PAVING COMPANY
Constructs Asphalt and other Bitu
minous Pavements. 605-608 Electrio
Bid, Portland, Or. Oskar Uuber,
Manager.
TRAVELERS GUIDE.
NEW ZEALAND AND AUSTRALIA
(Union Line of N. Z.)
VIA TAHITI AND WELLINGTON
Direct through steamers, sailing from San
Francisco, May 31, and every 28 days. Well
ington and back. 1st class. $204. Other rates
also low. The line to Isles of the gonta Seas.
For reservations see Coupon Railroad Agents,
or aaoress uccsouo Q. as. VQ4 san jrrancisco.
We
LUiyiBERWEWS
CONDUCTS A
SAVING
DEPARTMENT
4- INTEREST
THE UNITED STATES
NATIONAL BANK
PORTLAND. OREGON
Capital and Surplus, $1,850,000.00
TRAVELERS'
CHEQUES
Issued in Denominations of
$10,$20,$50,$103
which identify the holders and are accepted at full face value
by banks and hotels throughout the United States and in all
foreign countries.
These afford the best means for carrying funds while
traveling. .
LADD k TILTON BANK
. "established 1859 -
Capital , , .$1,000,000.00
Surplus and Undivided Profits 700,000.00
Letters of credit, drafts and travelers' checks issued, avail
able on all parts of the world.
Corner "Washington and Third Streets.
First National Bank
Capital $1,500,000
Surplus 750,000
Oldest National Bank West of the
Rocky Mountains
TKAVELEKS' GUIDR.
j it rrvrt1 n i ti.ij
AMERICAN
WHITE STAR
RED STAB
ATLANTIO TRANSPORT '
WHITE STAR DOMINION
Canadian Service
Co.'s Office, 619 Zd Ave Seattle) or O.
W. Stinger. 254 Wash.: A. I). Chari
ton. 2SS Mot.; F. R. Johnson, 142 3d;
E. F. Balrd. 100 3d; Vald. Udell. Si
X. 6th: H. Dickson. 122 8d.
TRAVELERS' GCTDB.
JAPAN
Cook's Summer
Vacation Touts
Fifty-eight Days $450. All Expenses
Included. Seiid for Free Booklet.
Tickets to ALASKA, Y0SEMITE and
YELLOWSTONE.
TH0S. COOK & SON
689 Market Street, San Francisco.
COOS BAY LINE
STEAMER BREAKWATER
Sails front AInsworth Dock. Portland, 9
A. M., May 1, 6, 11. 18. 21, 26. 31. June
6 and every Ave days. Freight received t
AInsworth Dock dally np to e P. M. Fas-
senger fare, first-class, 10; second-class,
(7, Including meals and berth. Ticket of
fice AInsworth Dock. Phones Mala 26S
Main 170. 1234.'
San Francisco, Los Angeles
and San Pedro Direct.
North Paclfla S. 8. Co.'s 9. 8. Roanaka
end 8. S. Eldsr sail every Wednesday altev
nately at P. M. Ticket office 133 Third
St.. near Alder.
MABTIlf j. HIOtFI, Passenger Agent.
W. M. SLU8SEK. Freight Agent.
Phones M. 1814, A 1811.
OPEN RIVER TRANSPORTATION COl
STR.J.N.TEAL
Freight received
dally at Oak-st. docs:
for The Dalles.
Hood River. White
Salmon, Urr.atllla.
Kennewlck, Pasco.
Richland. Hanford.
White Bluffs, Lewis
ton. Idaho, and In
termediate points.
rnisT-cuss passenger service.
FARE SO CENTS
TO HOOD BIVEK, WHITE SALMON, THE
DALLES.
Steamer leaves Portland Bun., Tues..
Thurs.. 7 A. M. Returning leaves The Dalles
Mon., Wed., Frt., 7 A. M.. arriving at Port
land about 6 P. M. same day. W 8.
Buchanan, Sunt.; W. 8. Smallwood, Un'l
Mgr. Phones Main 260- A 8527.
gammi mum
The Tourist Highway
and Scenlo Route to Europe
via
The St. Lawrence River,
the Shortest Ocean passage.
Leas than Four Days at Sea
by the
"EMPRESSES OP THE ATLANTIC."
Weekly sailings Montreal. Quebec, to Liver,
pool. First cabin, $80; second cabin, $.jl.23;
one-class cabin (called second cabin), MT.oO;
third cabin, $30 and $31.23. Ask local
agents, F. R. Johnson. G. A.. 142 Third St.,
or J. J. Forster. T. P. A.. 609 First Ave..
Seattle.
NEW YORK PORTLAND
REGULAR FREIGHT SERVICE.
Low Rates. Schedule Time.
AMERICAN-HAWAIIAN S. S. CO.
SIS Railway Exchange Bids'.
Portland. Or.
Main 8378. A 8922.
SAN FRANCISOO PORTLAND SS. CO.
From AInsworth Dock. Portland. 9 A. M.
B. S. Beaver Msy 13, Bear 18, Rose City S3.
rom ban t rancisco, isortnDouna. 12 M.
S. 8. Bear May 11, Rose City 16, Beaver tl.
From Ban Pedro. Nortnbound. 12 M.
8. 8. Rose City May 14, Beaver 19, Bear it.
H. O. Smith, O. T. A., 142 Third St.
T, W. Ransom, Agent, AInsworth DooSW '
Phones: Main 402, 268i A 1103.
JLI
r