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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (May 3, 1913)
DEADLOCK 111 WOOL Nc- Sales East of Mountains !' for Over Week. 4 GROWERS AND BUYERS VARY aller Seeking to Purchase on Free Wool Basis Xewlj-Shorn Clip 'jvamulnUng at All Points. Mohair Season Knds. .vt a single lot of wool ha been sold !n Fsstern Oregon or Eastern Washington tor over week, according to reports received bv local wool men. Newly shorn wools re accumulating t all points, fully 1.000,000 pound betr.g already on hand In the prin cipal Eastern Oregon urtlou wlttng buy er. Cp to thl time the sheepmen and the huyera hare not been able to agree on term bnt It la believed the deadlock will be brokan befor Ion. At the present ttma a oant or two separates tha Ideas of bjjwn and sell ere. On a scoured basis they are about cents apart. The growers think their wools are worth 80 cents scoured, while the tourers will not bid over a 43-cent basis, which means a frea wool msrk"V TT.e dealers are Inclined to think that the growers will prove to ba ready sellers at the market when tha regular aales days arrive, and son. of them look for a Belling move ment befora that time. Bheep men are not rolng to hold their wools Indefinitely, and If they find tha buyers will not coma up In their prieea tha market may become ac tive. In the Willamette Valley much tha same conditions prevail. Growers are asking up to 20 rents, but buyers will only take hold on a f . wool basis, and are not ready pur chaser even at tha low prices. A. few small lots hare changed hands this week at 14 rrte for coarse and 164 centa for medium grades. HsMern manufacturers and dealers are showing no spirit to tske hold, and there is absolutely no eoeculattve Interest in wools shown. Reports from Kngland InrtI ca'e that the manufacturers are closely Hatching the trend of tariff affairs on this sl1. The material reduction In duty on t-ps, yarns and pieces la welcome news to the trade there. They are not sanguine that the bill will pass as st present con stituted, but they foresee low rates and mo easiness with this country Ever class of trade In the West Hiding rvnecta'to benefit sooner or later. While li Is Jlgured that the demand for goods rrnm the I nlted States will be more x trnelv-. a large call for the raw material Is' anticipated. It Is believed that Ameriraa manufacturers will be enabled 10 maUe a better class of fabrics at more profitable rata and they claim that they cannot see why our mills cannot en Joy fair prosperity under tha proposed rates. One factor In favor of the American mill, when the new eondltlona are com pared, with those under tha Wilson law. Is tlie recent . progress In manufacturing. l.eels and Huduerfleld, as well as Brad ford. 011- did a large business with the 1'nltvd .Mates. Since the present duties came Inlo force, however, the Industry here 'has made great strides. It Is figured by the English mill men. therefore, that the factories hers will afford them more comprtirtcn than formerly. The 1913 mohair market In Oregon Is now practically at an and. Almost tke entire clip he bn bought up and there will be no rove pool sales. The dealers have filled toe majority of their Eastern orders, and they ara reducing their bids on the rem- taut rj tha clip left. One of the large v int-nl firms yesterday gave his country agents a 20-cent limit. OATS ARE POARING IN CALIFORNIA Bid ef II. W Made at Ss Fraadsea With I 'o Sellers. Oats were the strongest feature of the 1" Si g: ain market yesterday. The stimula tion cim eJilcfty from California, where In addition t- j the continued dry weather, hot winds t reported during tha day. At an l.nc.sco. tl.65 was bid fur white oata with ns arliers. Barley was very firm at tha recent 'ocal quotation. Wheat operations In tha country were moderate. Karmers ara holding extreme views, and buyers find it difficult to oper ate. The mill feed market was strong at 124 for bran ar.d II for shorts. Feed .prices hava beea raised SI a ton on tha Sound. Weekly foreign wheat ablpments were as follows: ThH Wk. I.at Wt Last Tr. Argentina ..i.t,i'.".WO 4,44S,0 6.39-J.otM Australia 7jo.oim 1.3'jo.uo i,air.."ii) India v. 4t,00 48.tKO '3.l'0u Lo-J vecelrts. in cars, were reported by the .w?rchanla Exnhango as follows: V'heit barley Klour Oats Hay Moerfs- 4T 13 so lu 11 Tnesdey Wedne'lay .. 1 is J Thursday 3x I 2 Friday i:i 1- Tr so Se-n 10 uata 1STVS 5M S10 Voir ago 1.1 C!.". 301 IlOi 1ST 147 3 1SU S.M7 TEX-CK-VT ADVANCE IN SUGAR. Mt Markets Fellow Higher Price At lantic Seaboard. Following 1 70 small advances In tha Eastern sugar market. Coaat prices on all ETtfdes of refined were raised 10 cents a hundred vealerday. Warm weather In the East la stimulating tha movement Into con sumption, and the approaching end of tha Cuttan season. Indicated In the rains on the Island. Is also a factor making for Improve ment ta sentiment. Commenting on the raw sugar situation, an Kasterq authority writes: Tha - apparent strength In raws Is cot eonclual'. o. continuance, becaus of the fact, cofsta. iy In view, that tha discount :o van b Increased to tha re made la the duty without cost ef puroduction, as is tha The longer be delay of ttlement the better for Porto 1 the time must coma when the i 30 days after arrival will ba apply la decreased return to Porto Rlcos and Induce a pres. to avoid such contingency. Then Lhe- critical time of low values SjS7 F Jtt en Porio riurtion meeting V case with the duty Klco. and guarantea expected ' shippers o sure to s 1-w-iil cora- for both Porto r.icos and Cuba, after which norreal and Improving parity values may be expected, on tha basis ot, the new duty rate i In actual operation." quoted weak at 12 cents. Fork sold at 12 centa and veal at 14tt15 cents. Toultry prices were unchanged. Eggs sold generally at SO cents, but on large lots a lUVj-cent quotation was made. There were no new developments In the butter or cheese markets. POBTLANTs KABKJ5T3. . Grain. Flour. Feed. Etc WHEAT-Track prices: Club. S8S9c; bluestom. 98C&I1; red Busslao. 89c; Val- WHHAT Track prices: Club. 8To; bluestem, JJC i . reu wimju, o.'1- - -. 1 BSC FLOtrR Patents. 14. "O per barrel; stralcMa. 4.10; exports. 3.833.i; val lev. 44.70; graham. 4 60; whoio wheat, io. OA TS No. 1 white, g2Ofi?-50 per ton. . . . , - - .. : i 'i -7 . s-'H ner ton. M1LLSTUFFS- Bran, 24 per ton; shorts, 29 per ton; miaunngs, saw per BARLEY Feed. J-.SOiras per ton; brew . 1. .. u.i .itj r.11 if r.A t ton. HAT Eastern Oregon timothy, choice, tie FT ! ; auaiia. f J u . - ues. Frulta and Vegetable. 1 rnl lobbing quotntxons: TROPICAL FKUITS Oranges. Navela. I8 00 S4.T5; Florida grapefruit, J5.009 6.5; lemons. California, gutfi per box; blclly. $7 per box; pineapples, OS To per pjund. VEGETABLES Artichoke. TSc per dosen; asparagus. Oregon, $1.20 per doxen; Cali fornia. 1.75iji per box: cnbbase, !3 per pound: cauliflower. 35c 3 1 per doztn: celery. 4 per crate: eggplant. 23c pound; bead lettuce. 2 50 crate: hothouse lettuce, dos.- peas, 6So per pound- peppers, S59 40c per pound: radishes. lOSFlSo per doa; rhubarb. 2o3o per pound: spinach. 75c per box; tomatoes. 12.50S4.60 per box; garlic. Cd9c per pound. ONIONS Oregon. 75Ct0o per sack; Ber muda. S3. 25 per crate. POTATOES Burbanks. 40 50c per hun dred Florida noe. 5 jc per pound; sweet potatoes, 40 per pound. OKEEN FRI.'IT Apples. S0e91.Tr per nox. accortair.s to quaiiir; . Kiorln. Jl.75ejS.50 per crate; Loa Angeles, !. . SACK VEGETABLES Turnips, o.x; v sack; parsnips. Sic per sack; carrots. 85c per aack. , Dairy antt Country Produce. Loral jobbing quotation: POULT P. Y Kens. 17w)7ric; broilers, 85c: turkeys, live, 20c; dressed. choice. 25c; dur-ks. ITIT-Oc: xeeee. young. 134217c. EGGS Fresh Oregon raiicu, ldVaS20e par doxen. CHEGSE Oregon triplets, lVc; Daisies. 17c: Young Americas, ltc Bt'TTtR ."lty creamery butter cubes, :Su per pound; prints. S920tac per pound. PCHK Fancy, ll'c per pound. VEAL Fancy. !44 913e per pound. Staple Groeari. I oral jobbing quotations: RALilo.v Columbia Klvar, n-pun4 tails, $2.5 per doxen: half-pound -flata. 11 4): one-pound fiat, f 2.4i; Alaska pink, ene-pound rails, tic; allvsraides, one-pound tails. $1.25. HONEY Cholc. 3.2517i par esse. NUTS Walnuts. 18c par pound; Braxll nuts, 12tttploc; filberts, 14 15c; almonds, 18c; peanuts, BtfSHo; eocoaauts. Oc0ll per doxen. chestnuts, llo per pound; hick erynuts. O10o; paeans. 17c; pine, 17 020c BEANS Small white. 5.40c; large white. .10c; Lima. 9.J0C; pink. 4.13c; Mexican, to; Myou, 4.35c. BUOAR Fruit and terrv. 18.15: Honolulu plantation. 85.10; beet. I4.U5; extra '. 4.nr; powdered, barrels, S5.40; cubes, barrels, S5.55. COFFEE Koaated. In drums, 214 0 400 per pound. 8 ALT Granluated. 814 per ton: half ground 100a. 810 per ton; 50s, 810.78 per ton; dairy, 113 50 per ton. RICE No. 1 Japan. 596ttc; cheaper grades, tc: boutiern head. 6e. CRIED FRUITS Apple. 10 par pooad: itpricata, 12914c; peaches, 8011e; pruaes, Italians, 8910c, silver. 18c; figs, white and black. 8C"c; currants. 9sC; raisins, loose Muscatel. OWQThc; bleached. Thompson. 11 He; unbleached. Sultanas. 8M0; seeded. H98ttc; date. Persian. lis per pound; fard. 81.86 per bos FIGS Twelve 10-ounce. 85c: SO 8-ouBca, 8185; TO 4-ounce. 82.80 ; 80 10-ounce. 8X28; loose. 80-pound boxes, 6ttr7o; bmyraa boxoa. tl.l01.25: candled. 88 par bos. rToruions. Local Jobbing quotations: HAMS 10 to li pounds. 109 20o; 13 ta 14 pounds, lOSSOc; picnics, 13c; cottage roll. 14 Vic BACON Fancy. 28 9 28a; standard. Z39 24c: Engllah, J8ft620e. LARD In tierces, choice. 14tta; com pound, BMc DRT EALT MEATS Regular short clears. 18 Si Q15c; short clear backs, 13 ta 18 lbs, 14915Vc; short clear backs, 18 ta 28 lbs, 14rrl5:io: exports, 15910a BARRELED BEEF Extra mess beef, 818: meas beef. 118; plats beef. 821; rolled boneless beef, 830. BARRELED PORK Best pig pork, 27; nickeled pork. 823. Hope, Weal and Tilde. HOP? 1812 crop, 109140 per pound; 1013 contracts, 13frl3Hc per pound. PELTS Dry. l!j12sc; lambs, 289850; full wool, 1. 2301. 35. .WOOL Eastern Oregon. 14917c; valley. 14 9 ISO per pound. HIDES Salter hides. 12ffl2Vie per lb.; salted calf. 16917 c; salted kip, 1291401 green hides, 11c; dry hides. 21922c; dry calf No. 1. 25c: No. 2. 20c; salted bulla 84 MOHAIR 1H13 clip. 30933c per pound. CHAIN BAGS Buyers Ju.y. Ivvlufca C o. b. Portland. Unseed OU and Turpentine. LINSEED OIL Raw. barrels, 83c; boiled, barrels, cue: rarr. cases. u3c; boiled, cases, 5c. OIL MEAL F. o. b. Portland works: Car. lots. 833; 6 and 10-ton loia. 34; too lota, 835. TURPENTINE Barrels. 59v,c: cases. 82s. GASOLINE Naptha. in Iron barrel, la: In cases, 2c; motor gasoline, in Iroa a ar rets, lie; cases. 24c; engine dlstlliate, is Iron barrels. 8 He: In case l&VsC COAL OIL Cases. 17Vic; bulk, lie. New York Cottoa Market. NEW YORK. May 2. Cotton futures closed stuaviy. May 11.41, June 1L40, July 11.51, August 11.29. September 11.01, Oc tober 10.85, November lO.I'O, December 10.0s, January 10.IH. starch ll.t'3 Spot closed quiet. Mtu-upianaa 11.9a; mia- gulf. 12.10. Salea 2305 bales. NEW ORLEANS. Mar S. Spot eotton ready. 1 1-14C up; ' middling. i:i,c Sales 421 bales. Naval Store. SAVANNAH. O.. Mail 2. Turpentine firm. 8"l to 3Sc. gales. 845 barrels; re ceipts, litis barrels: shipments, 4b barrels; stocks. D.lli barrel. Roatn firm, sales. ?5 pounds; receipts. 1180 pounds; shipments. 448 pounds: stocks. 81,120 pounds, ruote: A. a. Lf. i.aw; r F. 84. So; G. P. 8-70; L J4.80; K. 5; M. 8S.S0: N. I: WO. 8.!5; WW. 8S.50. . Hod at New York. NEW TOP.K. May 2. Hops Quiet. CROPS DOING FINE Favorable Outlook Responsible for Feeling of Optimism. CONFIDENCE - IS GROWING ST RA WBERRIES Los Angele Goes WEATHER AGAINST Carload Received From . na to the Sound. . The car of. Los Angeles strawberries that arrived ys:trviay was not stopped here, but was allowed to go on to the Bound, as there was already a fair aupply on the street and the westiier wa against trade. Florin berries sold at 81-73 and 82.50 a crate. A carload from Los Angeles will arrtv this morning. A car of asparagus was received from Cal ifornia. ndj quoted at 82 a crate. Peas bav cleane.f up closely and another car Is due Monday morning. Supplies of other kinds of veg-jtables were light. I I Bank Clearings. Ttar.k clearings of the Northwestern cities yesterdsy were s follows Portland attl . Tii'otnft hpokane Clearings. Balance -."t:7.r..'i; 8-57.545 l.l.'.1.10- 17S.714 4'-'.4K .18' 7u,441 4U.372 Drrsat'd; tanimt .Vre Plentiful. All kind of -country produce were firm yeat-riay. e-.-"lt dressed lambs, which were tae pleni'.fu: l"4 tha local trade. They were DEFICIT DUET0 ERROR Clerk of Municipal Court Ilcnles Shortajrc In Accounts of $474. A discrepancy of $471 In the accounts of the officials of the Municipal Court, as reported In a statement issued by the New York Bureau of Municipal K- search. was declared yesterday by the investifrators of the bureau to be due probably to an error made In entries. v. B. Holton, of the bureau, said that he had found the error in the books and that the shortage could ba traced to the period from April 1 to April 11. "In attempting: to reconcile amounts of bail receivable shown in the cash book to amounts for a correspondins period In the court docket, a, discrep ancy of $474 was apparent," said Mr. Holton yesterday. "This discrepancy conld have arisen from . ny of the following; causes anions; others: 1 Lack of complete entries In the cash book to data. 2 Lack of proper entries In tha court docket showing cases where, although ball had been fixed, the opportunity to obtain releaa upon ball had nut been used by tha prisoner. (Doubtful.) 3 Lack of proper entries In the court docket allowing adjustments of original re counts ot ball fixed wbere changea in the bull amounts had been made Nick Beutgen. clerk of the Municipal Court, denies that there Is any short age in the accounts of his department. The experts, he says, failed to go care fully Into the records. "Such a state meat as was issued." he said, "is not only unwarranted but is manifestly u 11 true." ricv-larid I liavirs flifTlrultr in finding men tail enough to suit on its police forve. Current Trade Is Mnoh Larger Than Generally Realized tabor Is AVell Employed and Wages Are Maintained Steel Heavy. NEW TORK. May S. Dun's Review to morrow wtll eay: While the business sit uation throuehout the country shows 1 further sUght recession In activity, there nrtpeara to be a growing commence- th. future end the volume of current mer cantile transactlona Is muoh larger than la aeneratlr realized. It is. however, more significant that labor continues well em ployed and that wages are tuny iMinu.i and. In the case of the railroad firemen, have been advanced by arbitration. The exceptionally favorable crop outlook, which developments during the last week have In no way diminished, accounts In a large degree for the prevailing Reeling ot optimism as to the future. Recovery from Western flood conditions haa been rapid, aa Is indicated by the re turns of gross railroad earning, which showed gain of 4 per cent In the third week of April, against a loss of 8.8 per cent In the flrt week, the- net gain for the three weeks being 1.2 per cent. On the other hsnd. bank clearing in April showed a loss rtf a 7 rter rent, aa compared with the cor responding month a year ar due to the dullness In the leading specuisiivtt and in part to the Interruption to business caused by ths recent floods. Owing to renewed anxiety regarding the Balkan situation, money ratea abroad are again firmer, while the locel market has also hardened In anticipation of the Im portant requirement In prospect. u.-i n current nroductlon in Iron and steel la close to the point of capacity, there Is less new business and premium are no longer so prominent a factor. ' The lumber trade la acuv ana uio i market normal. Host weather report contlnu to he high ly favorable and from present Indications this promises to be a year of phenomenal crops. Export trade continue large and at the port of New York amounted to 21.032,60tJ last week, an excess of ll.8R8,04T over Im ports and comparing with 115,443.024 of ex port last night. Commercial failures this week In the United Ststes ara 293 against 815 the 00 r- resnondlng week last year. failures in Canada number 34. WITKTl WHEAT CONDITION 00015. Distributive Trade at Retail Baa Expanded During; week. NEW YORK. May 2. Bradstreef tomor row will ssy: Trade reports continue to represent mixed aspects, but when all the primary factors are sifted, the week's developments Indicate that things have moved forward rather tha backward. Thus, Winter wheat presents an extraordinarily good condition for this sea son of the year; other crops are being seeded under auspice that are distinctly more fav orable than those of last Spring, and In the South, cotton planting has progressed in a reluattvely etlsfctory way, with Indica tions favoring an Increased acreage. Distributive trade at retail has been stim ulated by bright. Springlike weather and reorders, except In the East, are of satis factory volume, while throughout the North west nd parts of the Southwest, buying for Tall account la such as to suggest that lit tle or no unsettlement exists In those sec tions. Moreover, the South seems more cheerful and In the Mississippi Valley country, fear of overflows has virtually passed. Outdoor operations are proceeding apace, the industries and farm operatlone afford active employment and wnne stocks are rather numerous. May 1 passed without any great degre of disturbance. It Is, however, conceded tht new business In and specifica tions for Iron and steel are lighter, that premiums on finished goods are being elimi nated, and that woolen and worsted mills are working at a reduced rata. Collections vary and In genersl they are hardly about fair, the poorest report com ing from the Southeast. Demand for money I not so active and the bank, which are well loaned UP. are not encouraging bor rowers, this fact presumably being more Important than any slowing down In trade. The stock market continues dull and nar row, early weakness being superseded by higher prices at the week-end. Wheat. Including flour, exports from the United States and Canada for tha week ending Slav 1 aggregate 2,628.331 bushel, agalnat 8.648,112 bushels this week last year. fluelneee allures for the week ending May 2 were 262, which compares with 224 In the like week of JK12. Business failures In Can ad for the week number S3. ftradstrert's Bank Clearing. NEW YORK. May 9. Bradstreet's Bank Clearings Report far the week ending May 1 shows an aggregate of $ 1.309.S13.000, as against S.1.140.417.UOO last week and f3. 577. ONI, 000 In the corresponding week last yesr: I'ct. loc New York l,7C3,540.0OO 17.3 affect the result materially Money rates held steady on the lower basis which has nrevailed recently. Some additional low records were made by 5 per cent bonds, but the general movement was uncertain. Liquidation was checked In some bonds which have been especially weak recently. Total sales, par value, $2,185,000. United States bonds were unchanged on call. CLOSING STOCK QUOTATIONS. & Co., Lewis Reported by J. C. Wilson building, Portland. Amal Copper.. Am Beet Sugar. Am Can Co .... do preferred. . Am Car & Fdy. Am Cotton Oil.. Am Smi-1 & Kef do preferred.. Am Sugar do preferred.. Am Tel & Tel.. Am Tobacco . . . Anaconda Atl Coast Line.. A T & ant& Fa do preferred.. Bait at Ohio .. Brook R Tran. Cunadlan Fac .. C Ac O c & a w c & a w C, M St Paul. Central Lee-ther Central of N J. Chino Col Fuel A; Iron Colo Southern .. Consol Gas .... D L & W D at R G .. Distilling Sectir. Erie General Eleo Gt North Ore . . Gt North pr ... Illinois Central. Interboro Met .. do preferred.. Inter Harvester. K C Southern.. Lehigh Valley .. Louis and Nash Mexican Central M, S P ft S 8 M Mo, Kan & Tex. Mo Pacific ..... National Lead Nat Biscuit .... N Y Central . . . N Y, Ont ec Wea Norfolk & Weat Northern Pao . ... Paclno Mail ... Pacino TAT.. do preferred.. Pennsylvania ... People's Gas . .. Reading Republic B a I. Rock Island Co. Southern- Pac .. Southern Ry Texas Oil Union Pacific . . do Preferred.. United Rds B 1 V S Steel do preferred.. Utah Copper ... Wabash Western Union. Westing Elec . . Wisconsin Cent. Total sales for Sales. Higi 24,800 74 Closing Low. Bid. 100 111 "boo 129" 800 227 l.tiOtl H7?, 2tM 1X1 S.400 W) Vi "ioo "sii l.tM. Stf o.HW 240-1, l,70i. OS's , 10O 14 S.SOfjr" io7H 400 2oS 4.0OO 200 7254 ?3 ,200 33 32 U 32 li 40O 92 H t'-'V 92 is IOO 49 4Sl 4S 3W 44a 43 43 900 67-: tkV Ctfls ..... jui 111 lllls ' 113 1281a 128 22ll 223 37 3T 12914 120 li 99 9 ... 0 VS 9S14 . 9S - K 8li 238 4 239 ' , B3T4 04 " 14V . 14'4 12S 10li JOf.?. 23 22 320 39 'i :!0t4 31 S 3114 3r, 23 't 200 129i 1291s 12V 3V9 l'i 1914 19 ' J-H 2SH 2S-H 28 ' 13ll 13! 1S8.14 32 82 31 Vj 12ttH ' 324 126Vk 114 112's 11211 14' 1414 14 102 10114 KUli 23 154 130 '4 224 132 23 34 48 117 101 li 29 "4 104 11354 22 3214 00 11414 1" 46,000 lfiHi 16014 HWK 1.O0O 23 23 224 3..10O 4 9 1914 4.70O 98 97 1 97 la 400 24-T 21H - 107 24.000 149T4 3484 148t S3 "4 2314 43,100 80'i BO'i t('i 200 105 H 105V4 107 8,100 51 ROH ""ioo 'fiji ' B4ii fiS'i 0.200 61-. til 14 l'.i 31 the day. 260,000 shares. 100 4. POO enii . 10 3.200 1.1O0 2.80O 2,100 200 2,900 16514 1M - 300 13114 131 23 23 SOO 132 H 13214 1.S0O 2.1 s 22-4 1.10O 3514 84"ti "ioo iii" iii' 7o 101 ?i 101 u 300 30 91, 300 105H 10r 2,100 114 114 V.icK) iiin ii-i , BONDS. Reported bv Overbeck Coolie Co.. Board or Trade building, rortiana. Chicago Boston Philadelphia ... St. Louis Pittsburg Kansas City . . . San Kranclaco . Baltimore Cincinnati Minneapolis ... Los Angeles ... Portland. Or. .. Seattle Denver .... . Salt Lke City Duluth Spokn ....... Tncom Oakland San Diego Sacramento .... Stockton 301,913.0110 14rt.O(l4.0t0 157.762.0O0 77.ltt9.0O0 63. 774.0OO rV4.OO0.0OO H0.203.000 llK.fi70.000 23.401,000 19.843,000 24.01 0.OO0 9.691. 0OO ll.tSS2.000 8.4.000 r..3T,9.0i0 S. 121.0O0 3.S54.0O0 2.22.r0t") 3.63,000 2.224.000 1.9r.2.0lO 19.0 057,000 13.S 3 2.8 34.8 8.7 1.4 8.3 1.0 1.4 14.M 20.9 .0 1.1 21.4 1.8 .4 23.9 H.3 B.S G.2 7.7 18.2 Bid. Atchison general 4s 924 Atlantic Coast Line first 4s S914 Baltlrr.oro & Ohio gold 4s 92 B R T 4a SS Chesapeake & Ohio 414a 95 C M & St P gen 4l "9034 Chicago P. I Col 4S S Cat Gas 69 Vo1- C B Q joint 4s 94T4 Erie general 4s tin Int Mt-t 414s 7B Louisville & Nashvtllo unl 4e... f)3?i Missouri -Pacific 4s AO N Y C gen Site -. 8314 N & W first con 4s.'. 9214 Korthcrn Pacific 4s 94 Oregon Short Line ref 4s On Oregon Ry Nav 4s 9014 pacific Tel os u;vs Penna con 4s.................. 99 '.4 Reading general 4s 94 t I, at 8 F ref 4s Southern Pacific ref 4s 88 bouthom I'acilic col 4s... si' Vs Southern Railway 6s 1034 Southern Railway 4s in United Railway Inv 4s 60 Union Pacific first and ref 4s.. 9514 United States Steel 3s 10014 West Shore 4s Wnbash 4s Wisconsin Central 4s United States 2s registered.. United States 2s cojDon United States 3s .registered 10214 United States Ss coupon 10214 United States 4s registered . . . . . 1 1ll 14 United States 4s coupon 11-1'. Stocks at Boston. BOSTON May 2. Closing quotations 67 .lOOVi . .lOOU Asked. 93 90 92'4 8S '.. 05 '4 99 59 93 9414 7214 7514 9414 70 85 93 9414 "914 l9 10O 95 73 89 UO 75 "4 61 96 1004 95 H B814 91 1004 10314 11)314 114 11414 32l4;.Mohak .. 73 iXevada Con .... 24 14,'Nlplssing Mines. 2i:;North Butte 41.'iXorth' Lake 63l4jOId Dominion... Allouex Amalrr Copper A Z I. Sm. Arizona com . . B ft O C A S M. Cal & Arizona Cal Heola 400 lOsceol Centennial ISMJQuir.cy Con Ran Con Co 41 ' Shannon B Butte Cop M. 11 Superior Franklin 6 ifiup & Bos Mln. Giroux Con .... 2'4 (Tamarack Grunbv Con ... 61 Is U S 8 R M. . nreenA Cananea. 6; do preferred... 47 I Royalle (Cop! 23 .Utah Con 714 Kerr Lake SltlUtnh Copper Co. 50H Lake Copper.... 12l4Wlnona 1 La Salle Copper 4 iWolvertne 48 Miami Copper.. 22141 Money, Exchange, Etc. NEW YORK. May 2. Money on call, steady. 2l46r24 per cent; ruling rate. 214 per cent: closing bid, 2' per cent; offered at 2ls per cent. Time loans, steady; 60 and 90 days, 4 per cent; six months. 414 9414 per cent Prime mercantile arer, 5&514 per cent. Sterling exchange steady, with actual bust- nees In bankers' bills at $4.S37S for SO-uay bills and at 14.SSIO for demand, commercial -Mils, S4.83. Bar silver. 6014c. Mexican dollars. 4Sc. Government bonds, steady: railroad bonds. Irregular. steady, WHEAT CLOSES FIRM Montenegro's Threat Strength ens Chicago Market. TRADERS NERVOUS BUYERS PRICES ERRATIC IX WOOL MARKET. TenifcncT at Botvtoa Is Oraefrmlly Toward Iower Values. BOSTON", May 2. Th Commercial Bul letin will say of th wool market tomorrow: With the exception of the ealo of a few fair-elzed lots of territory wools tills week the market haa "been dull and untntorestlna. The usual hand-to-mouth demand haa been In evidence. Prices are erratic as usual In a market Ilka tha present one. but generally peaking' the business has shown lower prices. One lot of half-blood Montana Is aid to have sold on a clean basis of about 12 cents. In the West operations bare dropped off again, and there is iittle In the way of news. Buyers and arowers have not yet really come tojrethr on tha price question, although some early wools-have been bought, probably with the idea of making quick re turns. Manufacturers are poorly employed and there is much Idle labor at mill centers, due to the tariff agitation and uncertainty. STOCK MARKET WOW SHORT INTEREST REDUCED AXD DEMAND SUBSIDES. Substantial Gain la Cash by Banks on Week Operations Is Estimated. JCEW TORK. May 8. Speculation reached a stat of deadlock today. Extensive cover Ins; having; been forced by tha sharp rise of stocks yesterday, the demand from this source waa diminished. Althourh some small fains were registered In the early trading afgressive effort were mad on the Ions- side. . Kuropean markets were strong on tha Im provement in tha political outlook. Tha heavy ton toward the close was Influenced oy the development ot new weak spot among '.be Inactive share A substantial gain In cash by the banks on the week's operations was Indicated by substantial movements of currency. Esti mates of tfce week's gain varied from 4. .GO.OOO to (7. 00. 000. not allowing for "over- the counter" payments on May 1, which ma: LONDON. May 2. Bar silver. 27 11-lod per ounce. Moiibv. ZVJSi per cent. Rate of discount In the open market for short hills. 4 per cent; three months' bills. 4 per cent. SAN FRANCISCO. May 2. Silver bars. ".c. Mexican dollars, nominal. Drafts, sight lc. telegraph 3c. sterling lu London, SO days. 4.t3&; sight, $4.. . , Condition of tbe Treasury WASHINGTON. May 2. The condition of the United Slates Treasury at tho begin ning of business today was: - Working balances t Tl.743.40.1 In hanks and Philippine treasury 43.0SS.OH7 Tot:U of general fund l-H.lJi3,tK.'l Receipts yesterday !M.i4.0l2 Disbursements i424,lM Tho surplus this fiscal year Is r.C8.435. as against a deficit of 1 12.7M.n6 last year. The flsurea for receipts, disbursements, surplus and deficit exclude Panama Canal and public debt transaction. SAV FRANCISCO PRODUCE MARKET Price Quoted at the Bay City for Vegeta bles. 1-Yuits. Etc PAN FRANCISCO. May 2. The following produce Drices were current here today: l-Tult Apples, 73ciS Jl.SO; Mexican llmee. MS IS..".; California lemons, choice, 13.50; common, $'; ravel orsnges, 11.252;- pine apples, 42-263- Cnaese New, 12',i13We; Young Ameri cas. 14c. Eggs Store. ISc: fancy ranch, Jic ll.iv Wheat. t2347i25; whoat and oats, :i.Jia,l'2; alfalfa. 14.S0trld.50; barley, sis trlCc. Butter Fancy creamery, 20c; second. Potatoes Oregon Burbanks, n75c: Riv er white, JOS 05c; new, 1Q1q; sweets, S3a8.25. Vegetables Cueirmrafrs. $2ir2.2; green peas. 1.2r.2; string beans, 9G12V4c; egg plant. 25efS0c: onions. SI. Receipts Flour. 1352 quarters; barley, 5400 centals: potatoes. 720 sacks; hay, 21 tons. Coffeo and Sugar. NSW TORK. May . Coffee futures opened steady at a net advance of 1 to i point In company with tllgher European cable. There did not seem to be any ag gressive demand. The close was a shade off from tha beat under realizing, and barely steady. Sales, 64.000 bags. May, 10.95c; June, 11.04c: July, 11.09c; August, 11.19c; September, October, November and Decem ber. 11.29c; January, 11.30c; February, 11. lie; March and April. 11.180. Spot quiet. Rio 7a 11 He; Santos 4s. 13c; mild, quiet; Cordova, 14H17o nominal. Raw augar ateady. Muscovado, S.862. 89c; centlfugal, S. 363. 119c; molasses, :.Sl2.v4c. Refined steady. Metal Markets. .. NEW TORK. May 2. Copper quiet. Stand ard spot to Ju!y, 14.753yl5.25; electrolytic, 15.75; lak, 15.87; casting, 15.00. Tin easy. Spot, 49.251M9.75; May, 49.00 40.75; June, 40.00 49.23; July, 4S.3748.75. Lead steady, 4.45 bid. Spelter ateady. 5.45 5.55. Antimony dull.. Cooksons. 9.00. Iron steady and unchanged. Copper arrivals, 65 tons; exports for the month of April, 6S73 tons; 'London copper firm; spot. C68 6s sd: futures. 6S Ss Sd. London tin steady; spot, 530: futures. 220 10s. London lead. 17 17s 8d. London spelter. 23 10s. Iron, Cleveland warrants, 67s lifcd in London. Values Prior to Final Upturn Arc Weakened by Excellent Domestic Crop Prospects Coarse -Grains Are Irregular. CHICAGO. May 2. Unconfirmed reports of Montenegro s threat to annex ecuiari. in defiance of tho powers, today gave a strong close to wheat, though prices showed a net Iobs of hie to 'iko. Corn finished a hade up to a shade down, oats closed Vs & K c lower to Ho higher. Provlslous were at a net loss of 214 to 16a . The war situation. In Its latest develop ment, brought nervousness to- traders and induced buying of wheat that rallied prices to the opening figures of the day. The weak tone of tha wheat market prior to the final upturn 'was Increased by tha flna do mestic crop outlook. Primary receipts of wheat today were 587.000 bushels; last year 823.000 bushels. Seaboard clearances of wheat - and flour equalled 606.000 bushels. Fine weather made a heavy corn market most of the day. Near tho close there was a somewhat oversold condition and prices made a slight rally. Late covering by shorts helped oatfi, which most of the day had been weak. Speculative buying gava strength to pro visions for a time, but values later eased off, partly In sympathy with weakening of prices at tho yards and partly by rea son of a considerable increase In the world's lard stock. The leading futures ranged as follows: WHEAT. Close. .91 .Sli .UIVs .65 .r.s .66 H .35 .34 7 .3 5s 19.50 19.50 19.30 10.87V4 10.75 10.77 H SHORT RIBS. May 11.50 11.D0 11.47H 11.47H July 11.05 11.03 10.95 lO.IUu Sept. ....'..10.65 10.8714 10.774 10.T7M, Cash prices were: Corn. No. 2. 66rS;57c: No. 2 white, 58-4 09c: No. 2 yellow, 5044 56 "He; No. 8. 55(j57 4e: No. 3 white, 57!h57c; No. 3, yellow. 65Mi.-c; No. 4, 64 '.4 S 05 c ; No. white, 5ne57c; No. 4, yellow, 645514c. Rye, No. 2, 63 !& 08 V4c. Barley, 46 n 50c. Timothy, $2.WS'3-65. Clover, 17.0022.00. Paget Sound Wheat Markets. SEATTLE. May 2. Wheat Bluestem, 98c; fortyfold, 88c; club, 87c; fife, 87c; red Rus rlan, 85c. Yesterday's car receipts Wheat, 11; bar ley, two; flour, three; hay, eight; corn, one. TACOMA. May 2. Wheat Bluestem, 98 & 90c; fortyfold. 90c; club, 86c; red fife, 84c. Car receipts Wheat, four; barley, one; corn, one; hay, one. Grains in Ban Francisco, SAN FRANCISCO, May 2. Spot quota tions Walla Walla. 1.60-1.62; red Rus sian.. $1.5714 1.60; turkey red, $1.75 1.774: bluestem. $1.75'l.tJ0: feed barley. S1.46U S 1.4841 : brewlug, nominal; white oats, $l.tl.H2H; bran, S28.00W26-50: mid dlings, $olJ.008B1.00; shorts, $28.OO28.0O. Call board: Barley, nrm. Decemuer, $1.4o May. $1.40 H bli Minneapolis (iraln Market. MINNEAPOLIS, May 2. Close Wheat- May, 87ibi87c: juiy, wmc; oeptomoor, ul v.e Cash No. 1 hard. 91c: No. 1 North ern. 89 "Hit 90 He: No. 2 Northern, 874 SS'-c; No. 2 hard Montana, 90c; ro. wheat, S51r86ttc Flax. S1.S1. Barley, 42Q56C. - Kuropean Grain Markets. LONDON. May 2. Cargoes on passage, verv little inquiry. English country markets qufet. Frenoh country markets, holiday. I.rt'EHPOOL. May 2. Wheat Spot, fl! Futures weak. May. 7a 8!d; July, 7s 5d; October. 7s 3 ft a. TOP HOGS SELL HIGHER Open. High. Low. May $ .91 $ .9H4 $ .904 July Dl .91 .90 Sept. ...... .9074 ,UU .90fc CORN. Msy .5474 .554 .54 Julv ...... .55H .68 .35s", Sept. ....... .56 9 .5694 .56 OATS. Msy ...... .854 .354 .854 July 34 4 .35 .34 Sept. ..... .34H .35 - .34a MESS PORK. May 19.70 10.70 19.50 July 19.65 19.65 19.474 Sept. 19.424 19.424 19.25 LARD. May 10.95 10.95 10.874 Julv 10.85 10.85 10.724 Sept 10.85 10.85 10.75 Accommodation N One of the vital principles of a bank service is its care in serving its cus tomers. . . , - The Northwestern National Bank gives careful attention to all of the wants of its depositors. Third and Oak LADD&TILTON BANK F.Btahlinhed 1869. Capital Stock ...$1,000,000.00 . Surplus and Undivided Profit ,. 1,000,000,09 Commercial and Savings Accounts Letter of credit, draft and traTelera cheek issued, a vailabl. is all parts of the world. OS-fTICKRS. W. M. Ladd. President. Kobert R Hrmsjd Asat CashUSi fc'dward Cooklnaham, Wje-Pra J. W. Ladi Asst. Cashier. W, H. Duackley. Cashlar. Waiter M. Cook. Asst. Caahletv First National Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank West of tha Rocky Mountains CORNER FIRST AND WASHINGTON ST& NICKEU ADDED TO VALUES AT STOCKYARDS. Choice I,oad Taken at $9.05 ITcaxy Swine Also Firmer Sheep Do Not Bring Konner Prices. There was a better movement In the hog and sheet) division at tha stocKyarus yes terday. ut trade wa by no means active. A nickel was added to the value of tho best nous. A load of choice average weight swine was sold at S9.03 In the forenoon, utner lifcni hoss were taken at JS.Sf. to $9 and heavier hoss brought . to is. 59. In the mutton market the quality of the offerings did not grade high, as eliown ny the nrices realised. All the wethers offered for sale went at 6.60 and ewes brought $3.2.1 and fti.z. Receipts were 149 cattle, 90 hogs, 1101 sheen and s horse Shippers were: J. C. t,onergan. Echo, 6 cars of cuttle; O. B. Weed, Burley, 1 csr of hoes: M. Koss. Farm a. 1 car of hoes: G. H. Johnson. Payette. 1 car of hogs; Ed Phlrman. Hunts Ferry, 1 car of hogs; Kins man HalL HenDner. 1 car of hogs; Bd Knorr, Senn and Grangeville. Z cars of hogs; Oeorge Chapman. Durban:. Wash., 1 car of hogs; E. B. Starkweather. Echo. 1 ear of sheep: W". L. Turner, Nampa, 1 car of sheep: W. Ross, Parma, 3 ears of sheep; A. a. Wendell. Clem. 1 car of horses, and J. B. Dinsmore, West Sclo, 1 car of sheep and hogs. - The day's sale were a follows: . weight, rrice. SO ewes 134 ewes 121 wethers -v. 13.8 wethers 262 wethers 90 hogs 2 hogs - -. 112 hogs 1 hog a bogs 79 ht.gs 74 hen ......... 4 hoBs 1 bo The range of price at tn yaras srss follows: - - Choice steers JT.T5S.J5 Good steer. 7.B0 9 7.75 Medium steer 1,22 i'52 Cholc cow .T3i9i 7.33 5ood cows 6.5U .7S Medium cows 6.000 0.SO Choice calve S.00 0 9.00 octii f heavy calve. 6.60 0 7.30 Bull ' -25 Llght""-..-" 8.76 0 9.05 Heavy 11if Yelrtin'r'wethers J J-25 6.60 TTwea 5.25 6.25 gTm's 7.000 . Omaha Livestock Market. SOUTH OMAHA, Kob.. May 2,-attle Receipts. SK-'S; market, stronger. Native steers. 57.50 &&.60; native cows and heifers. ii;7.85: Western steers, o.7aj8.16: Texas steers. 0tr7.0; Texas cows and heifers, i3.r.o7.CO; calves, u.759.7S. Ho:s Receipts. 7600; market, lower. Heavy. $s.S0rS.30: Upht. SS.Su&tS.eO; pigs. $78: bulk of sales. 58.25 fiS.3. Sheep Receipts. T200; market, steady. Tear!lns, 7'7.50: wethers, .40je.tHj, lambs, s8.23Sa.7S. ,.7 $8.55 85 fi.25 92 6. SO 90 6 SO 92 6.60 tl3 05 403 S.66 173 8.95 ISO 7.95 131 8.83 IAS 8.00 182 9.00 870 8.30 380 8.00 Chicago Livestock Market. CHICAGO. May S. Cattle Receipts market, steady to strong SOO; Beeves, 87-203? The Bank of Personal Service Service is our specialty and our steady growth is proof of the appreciation of our patrons. Deposits May 1, 1913 .$3,812.892.56 -Deposits Jan. 1, 1913 3,382,526.06 Gain since first of this year $ 510,363.90 MERCHANTS NATIONAL BANK Under Government Supervision Founded 1886 Washington and Fourth Streets ESe.1 m X Hi 5 1 K 1 m t i " PfO till Ji I LJT I GilJ M m W & 1 "er t til. E i V M IJ-l3t- kin f 3 r. ii ii Kl am Comp&gnie Gener&le Transatlantique Direct Line to Havre-Paris (France) Sailings from New York every Thursday at 10 A. M. ESso f France New Thursday, May 15 May ft SAVOIB lune 13 May 2B SLA I'KOVK.VCK June 19 June 5 ti-'RANIK (ne) June r steamer. tJuadruple-srrew steainev. SPECIAL HATl'RDAY bATLLC.H FlUMI i.tw lOBK a jr. m. ONB CUAS8 CABIN (II) and THIRU-Ci-ABS passengers uuiy. Chicago?.... May lagra Msy tt C W (itlnrer. 80 6th St.: A. n. Charlton, S3S Morrison sr.- J. O. Thomas, O. M S'st K By.: Dorsey B. Smith. 6 6th st.: A. C. ejheldon, 100 3d si.: H. bickson. 182 8d St.; North Bank Road. 61h and Hlark sts.. agents. I'ortlaad. LA PROVENCE I.A LORRAINE tFBANCK (new) 1 V- m-ot w 8.90: Texas steers, .88.70(87.75: feer' steers, .0 8.10: stockers and feeders, ? 5.10: cows and heifers, $3.90 8.16; calves. 0HofsReeeIpt.s, lS.OfW: market So lower. Light. 88.43 . 70; m Ued. 8.S0 8.85; hevy. J8.05&8.05: ro,u:11v..,''Ln dIks. 86.6nfS.6.: bulk of sales, $8.45 f 8.60. 'Kheep RecelDts. 8000; market, strong. Native. 67.15. western. $6.23 7.1B; year, line. $6.30&: lambs, native, 0.tvi).3. Western, $6-90lS'8.8'- Iondon Wool Sales. IXJNDOV, May 2. The offerings ? wool auction sales today amounted to 10.80J balea Home and continental spinners ere vigorous bidders and good wools advanced 5 per cent. Heavy descriptions were barely steady. Chicago UaliT Produce. phicaGO. May 2. Butter easier. Cream eries. 28& to 29c. Eggs steady. Receipts. 29,998 cases; freehTlSc; at mark, cases Included. 17 18c; ordinary lirsts. net Dried Fruit at ew York. xrTr-rTT vnsv y'str 2. Evaporated applei quiet but firm. Choice, Vi6c; prime. S aC. irrunes ' M " Wool at St. Louis. ( ..M, AT-Ts mhv 2. Wool steady. North ern and Western mediums, 16lc; fine burry. 14ioc: siigni du. .j, iu Duluth jLlnseed Market. DU1.UTH, May 2. Close Linseed, $1.31 H: w.v $181: July, i.3 'm asxeu -, aoviim hg'tlilk asked: October. $1.83 asked. TRAVELERS' OCIDB. AUSTRALIA TAHITI AND NEW ZEALAND. ! Round Trip Rates: 1st class to Tahiti $tH. I ta Welllnrtoa $207.60. to Sydney $800. Special faclflc Oeeaa Toar (lnoludlng South Be Isies) to Sydney via Tahiti, Rarotong and New Zealand end returning to San Krsncisco (or Vancouver) via Auckland, : Fiji or Haxnoa and Honolulu. $.125. 1st olasi. 1 Stop-overs ny point, good one year. Sail, lngs from San yranalsoe April 2. April $0, May 28. etc rnlea Steamship C. ef New SCealand, Ltd. i Office: 018 Market Street, Ean Francisco, j After careful tests and thorough examinations, cities and towns throughout the Northwest are following ;. Portland's example and laying -Bitulithic. EXPRESS STKAMJfiKS FOB baa Francisco and Los Angeles S. 8. BEAR sail S A. M.p May 1. S. S. KOiE C1TV, 9 A. M. May M. TUB SAN FRANCISCO PORTLAND S. S. CO. Xtcket Olfic 8d and Washlngtoa (wlta O.-IV. R. N. Co.) Phsa MarabaU 4600. A UiL COOS BAY LINE STEAMSHIP "BRJEItWATER' sails from Alnswortb Dock. Portland, at S A. M.. April 17. as. 30. May 6. 10, 18. 20. 2S, 80. thereafter every five days, 8 A. M. Freight received dally until 6 P. M. exoept day previous to sailing, previous day 4 P. M. passenger fares: First-class, $10; second-class, $7, Including berth and meats. Ticket office at Ainsworth Dock. PORTLAND C008 BAY 8. 8. LINE, L. H. KEATINO. Agent. l'bono Main 8600. A t33-. San Francisco, Los Angeles and San Diego Direct S. S. Roanoke and S. S. Elder. all Every Wednesday Alternately at NORTH PACIFIC S. S. CO. (tt A Third St. Phoae Mln .U14, A. 1S14, J.CWILSON&CO. STOCKS. BONDS. GRAIN AND COTTOS MEMBERS NEW TORK STOCK EXCHANGE. NSW YORK. COTTOST KXCHAJK.B, CHICACiO BOARD OF TRADE. THE STOCK AND BOND EXCHANO BM FRANCISCO. PORTLAND OFFICE: . Lewis Building, 269 Oak Street p-wnt-JtIrelialLli2CL A 4181 Steamship Camino Sail direct tot San Francisco Sunday, 4 P. M. SAN FRANCISCO, PORTLAND & LOS ANGELES S. 8. CO. 134 Third Street Main 26 A 4516 WTT srSaTI r'J fl And All A rsfnUn sVorlB. Zrce. ev and Kt PaMeniter teamen rem New York tvtry UrnM SklucdAy. 17 PA Yd TO JUO J A KK I RO, S3 DA . 8 id BXTESOS ATRES. forralet.ete.. apply local iickt Agul,or 1UK 1AMKW, ('tnrral Asrju, 801 Procure EtchiintrftrNevT York. 4