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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (May 7, 1913)
2J 4VED5TESDAY, MAY 1913. t. ORIENT BUYS FLOUR New Business Booked on Re duced Freight Rate. VOLUME TRADE NOT LARGE Shipping Men Regard Operations as Beginning of Good Movement. California Takes Wheat in Spit of Decline In East. There I mora Inquiry In th wheat mar ket than actual business passing;. Both California and tha Japanese ara showing; Interest, but the higher prices demanded are restricting sales. The wheat business put through yesterday wee for Southern account. It was thought that Callfornlana would hold back In view of the decline In the East. but. they came through again at Monday's prices. During the recent bnlge at Chicago Montana hold ers found It more profitable to sell In the East than on the Coast, and this turned the California buyers to the Oregon and Washington markets. Should the present decline at Chicago be extended, however, the situation will be reversed, as Montana wheat will find an outlet In California to the disadvantage of Oregon and Washington grain. Japanese buyers, who have already se cured a considerable supply of wheat, were In the market yesterday for more, but In dicated a lower price. Sellers declined to make concessions. A few export flour orders have been booked since the reduced Oriental freight rates were announced. The amount taken Is not large, but grain men regard this business as the opening wedge, and they look for more. While the prices obtained do not show any profit, on the present value of wheat, millers find It more satisfactory to accept the business than close down their mills. Oats and barley were firm, but without further advance In prices. Local receipts. In cars, were reported by the Merchants' Exchange as follows: Wheat Barley Flour Oats Hay Monday 47 S 14 4 11 Tuesday 2 7 It 10 i: Tear ago ..I... It ... 2 4 Season to date.lS.91J 2074 1504, 1401 1923 Tear ago 13.. Ss lit 2237 14SS 2531 Foreign crop 'conditions are summarled by Broomhall aa follows: t'nlted Kingdom The prospects for the Winter crops are Improving. Tne spring crops are starting well, but farmers ere still in arrears with their sowing, owing to the continued unfavorable cllmatlo conditions. The weather is unsettled. France. The outlook for the Winter crops is Improving. The Spring crops are start ing well. Supplies or native wneat are ngnt. Germany. The cereal crops nave mostly recovered from the reoent frost, wnllc tor ape crops have partly recovered. The firm ness of native wheat Is checking exnorts. Italy. The crops are looking well. Native wheat la scarce and dear. Korelxn buying is slower. The weather Is somewhat unsea sonable. 1'ortugal. It Is claimed that additional Imports will be needed for hums lrqulre ments. North Africa. Coma rain has fallen, but more is wanted. Asia Minor. Good rains hare fallen In Smyrna. Roumanla. The crops are growing welt. Reserves of wheat are thought to be smaller than expected. The condition of the corn crop Is Improving. The weather !s season able. Bulgaria. Reports of the crops are rather better. Australia. The outlook tor the sec dings Is favorable. Reports regarding the outturn con tinue good. xrCTrATION9 IX WOOL j"RIOE8 larertala Coarse of Values Since 1896. Market May Xot Go Jjmr. The wool market Is weak, with prospects of free wool near at hand, but prlcea are not going to descend to the low level of 1S8S, according to the Wool and Cotton Re porter, which say:. "It Is Interesting to refer tiack to some of the years following 1S96 and note a few of the price changes that have occurred. In July. 1898, under free wool, the price of fine medium combing wool was 10 to 11 .cents, costing cleaned about 85 cents. In July. 1900, under the protective tariff, prices advanced to IS and IT cents, with a scoured cost of about S3 cents. In January. 1901. there was a period of depression when prices were reduced to' 14 eents for ordi nary and 16V4 cents for Tory choice, while toward the end of that year they advanced until ordinary was 16 cents and choice close to 19 cents or 60 cents on a scoured basis. In July, 1907, fine medium clothing was held at 20 cents for ordinary and 23 cents for choice, bringing the scoured cost up to over TO cents. In the early Spring of 190S the - price dropped again to 16 and 17 cents, or about 55 cents cleaned. In July. 1909. Mon. tana fine medium was up to 23 cents. In July, 1912. it was down again to 19 and 20 cents. At the present time fine staple Mon tana la quoted at about 20 to 21 cents." BRISK SALE FOB STRAWBERRIES Bananas Now Coming In Twice Weekly. . Ajiparatfus in Oversupply. - It did not take Front street long to clean up yesterday's strawberry receipts. 'A re frigerator carload was received from Florin, the best Jessies selling at $1.75 and the Dollars, of which there were not many, go ing at 12.30. Florin berries will arrive In carlots from now on. Four cars of bananas were received In good condition. The shipment was only six days In transit from, the Gulf. Banana trains are now arriving twice a week. The asparagus market was topheavy, the warm weather bringing on the local crop with a rash. Prices ranged from 90 cents to tl-25 a doses, California asparagus of fered at 11.50 a crate. A car of Wlnnlngstadt cabbage was re ceived and placed on sale at S cents. A car of head lettuce also arrived. Poultry Market Easier. Poultry dealers reported an easier feeling In the market yesterday .particularly on hens, and some sales were made at 1H rents. Broilers axe also easing off, as the supply Is gradually increasing. Dressed meats are holding stesdy. Eggs are moving at the old, price, but there has been an Increase in consignments. Indicating la buying at country points. Butter and cheese are steady and fairly active. gon. tM)c 11.25 per doxen; beans. 17Hc per pound; catioage, at er ic per poum.; flower, r.&c5l per dozen; celery, 14 per crate; errplant, 2."ic pound; head lettuce. XJ.SO crate; hothouse lettuce, d' a peas. 7 7Hc per pound; pe-rpers, 35t40o per pound: rsdlehes, 1012c per doxen: rhqbarb, lt2o per pound; spinach, 76o per box: tomatoes, az.dut-ov per iw, -. 5S6c per pound.' ONIONS Oregon. Tie toe per sack: Bar murla l.r0i 2 '! n,r crate. POTATOES Burbanks, 4 0 4500 per hun dred: new, 46c per pound; sweet potatoes, 4c ner nound GREEN FRUIT Apples. S0cr3 per box. according to quality; strawberries. Florin. Il.Tfl'S 2.5rt ner crate. SACK VEGETABLES Turnips. 850 per sack; parsnips, S3o per sack; carrots, &3c per sack. Dairy 'and Country F rod nee. T . 1 tAhfitrt fiiinftKrin,' POULTRY Hens, 16 S 17c; broilers. SO UJic; turkeys, live, 2c; creasea, cii"it, 0c: ducks. IT it 2oc: treese. young. 154rl7c EGGS Oregon ranch, case count, 19o per dozen : candled. 2ut,:.'lc Der dozen. CHEESE; Oregon triplets, Hfccf Daisies. lie: Young Americas. 18c BUTTER city creamery butter cubes. .so per pound; prints. 2u29o per pouno. roKA. Kancy, 12o per pound. VEAL Fancy. 14 14 He per pound. Staple Groceries. T ial tnhhlnv ouotatlons SALMON Columbia River, one-pound tails. 42.25 per dosen: half-pound nats. H. 40;. one-pound fia.li, S2.46; Alaska pink, one-pound tails, Sac; sllversldes. one-pound tans, i.Z3. unvir v rhrti,. iL9kI71. ner ease. NUTS Walnuts, 18c per pound; Bresfl nuts, 12eiuc; filberts, 14015c; almonds, 18c; peanuts, 6t)Sfec; cocoanuta. wcHH per aosen, cnestnuts, lie per pouna; aiv ersnuts, t)10o pecans, 17c; pine, 17 is a Wc BEAKS Small white, 5 40o; large whits. t.ioc; Lima. e.le; pink, 4.13c; Mexican, so avou. 4.25c SUQAR Fruit and berry. $5.15: Honolulu mentation. S.I.IO: heel. 14 U.I; extra. (J. 4.ou; powdered, barrels, 13.40; cubes, barrels, S5.55, lyr-FU. Koa-ted. lu arums. :isS" per pound. . SALT Oranlnated. 114 ner ton: half- ground 100a, 110 per ton; -60s, 110.71 pet ton; dairy, tiz.oo per ton. RICE No. 1 Japan, SSSHc: cheaper grades, 4c: Southern head, 6o. DRIED FRCITS Apples, lOo per pound: apricots, 12014c: peaches, 8011c; 'prunes, Italians. tOlOc silver. 18c: figs, white and black. 8! 7c; currants. 9!c; raisins,' loose Muscatel. 607c; bleached, xnompson, 1114c; unbleached. Sultanas. 8e; seeded, 7tVbc; dates, Persian, ijV per fard, 11.65 ner box FIGS Twelve 10-ounce. 50; 50 e-ounce. fi.ee; 70 e-ounce, sz.oo; go lu-ounce, loose. 60-pound boxes. eViTe; Smyrna, boxes, tl.104rl.25: candled. 18 per be& fro vis tons. Loral lobblna Quotations: Hams lO to 12 pounds, 19030c; M te 14 pounds, 18 20c; picnics, 13o; cottage roll. BACON Fancy. 28 29c; standard, 289 54c: English. 19 tt 20c LARD In tierces, choice, 14He; com pound, Bfec DH7 SALT MEATS Regular short clears, IS hit 15c; short clear backs. 12 to 16 lbs, 1491Sfee; short clear backs, IS to 26 lbs, 14t15fec; exports. ISOltte. BARRELED BEEF Extra mess best 119; mess beef. 119; plate beet, 121; rolled boneless beef. X30. BARRELED PORK Best pig pork, 127 clokeled pork, 125. Hope. Wool and Hides. HOPS 1912 crop. I015o per pound; 1813 contracts. 13 318 He per pound. PELTS Drv, liillixQ; lambs. 25935c: full wool, 1L2591.35. wool. Eastern Oregon, 14917c; valley. 14 & 18o per pound. HIDES Salted hides, HSlSlio per lb.; salted calf. 16917feo; salted kip. 12914c; green hides. Ho; ary hides, 21922c; dry calf No. 1. z5c; No. 2. 20c; salted bulls. 60, MOHAIR 1913 clip, 806 SSc per pound. Unseed OU and Turpentine. LINSEED OIL Raw. barrels, SSc; boiled, barrels. 6oc; raw. cases, t3c; boiled, cases. use OIL MEAL F. o. b. Portland works: Car. lots, 133; 5 and 10-toa lots, 134; ton lota, .5. TURPENTINE Parrels. 54 c; cases, 57 UAHOLl.vt .Naptna, in Iron barrsia, tee; In cases. 23c: motor gasoline. In Iron bar rels. 17c; cases, 24c; engine distillate, la Iron barrels. 8c; in cases. ISHc COAX OIL Cases, 17 He: bulk. lie. HOGS HOLDIHG STEADY TOP GRADE MOVES READILY AT $9.05 AT YARDS, Bank Clraxlngn. Rtnk clearings of the Northwestern cities Se?:i-riay were aa follows: Clearlnrs. Balances. Portland $1.S37.S8 llii9.19S Seattle 2.BIM.840 1H3.188 Taroma Mi,l.V 34.911 Spokane 7.16,191 ' 130.635 FORTLANO MARKETS Grain. Floor. Feed. Etc WHEAT Track prices: Club, 89c: blue stem. 96 690c: fortyfold. 90c; red russlan. srte; Valley, 90c. FLOUR Patents. , 14.70 per barrel; straights. $4.10: exports. 13.8S98.M; val ley, 44.70; graham. 14.60; whole wheat, 14 60. OAT? N. 1 white. 129fi 29.50 per ton. CORN Whole. Ji-7: cracked. 1-8 per toe, M1L-LSTUFF8 Bran, 124 per ton; shorts. $rt per ton: middlings, 130 per ton. F.Akl.LY Feed. 123$ 2.V50 per ton: brew In, nominal: rolled. LM.5oe27 50 per ton. HAY Eastern Oregon timothy, choice, 117 IS. alfalfa. 11S14: straw. S497. Fruits and Vegetables. t yral lobbing quotations: TROPICAL FP.l.'ITS Oranges. ?avia S3 0034.75; Florida grapefruit, 16.00fes.75; lemons. California, 16 3 7 per box: b'lclly. 17 per box; pineapples. 67a per pound. VEGETABLES Artichokes. 75c per doxen: asparagus, California. !l.rij per crate; Ore- Bunch of Washington Yearling Lambs Sell for $5 Xo Transac tions Reported In Cattle Market. There was a decided slowing down In the livestock market yesterday. Only two loads of hoas and one of lambs were disposed of. One load of hogs was of good weight and sold at 19.05. the current too price. The other load was lighter and went at 11.90. A few heavy hogs sold at 17 to 18. In the afternoon a bunch of Washington yearling lambs was moved at 15. No cat tle sales were reported during the day. Receipts were 321 cattle, 162 hogs and 234 sheep. Shippers were L L. Peets, Moro, 1 car ot hogs; F. Plnknam, isampa. a care of cattle; Hansen Livestock Co.. Sugar Factory, Col llnston and Lewiston. Utah, 6 cars of cattle; Portland Feeder Co.. Lewiston, I'tah. 3 cars of cattle: C. A. Brown, Gwendolln, 1 car of hogs, nd Alex Lindsay. lone, 1 car of sheep. The day's sales were as follows: Weight. Price. 70 yearling lambs 7 15.00 92 hogs 1K7 9.05 3 hogs 373 8.00 1 hog 4.10 7.00 1 hog .' 3SU 7.H0 6o hogs " 11 8 .90 Omaha Livestock Market, SOUTH OMAHA. Neb.. May 6. Cattle Receipts, 00; market, lower. Native steers, 17.50w8.75; cows and heifers, 167.73; Western steers. J6.754j8.lR: Texas steers, 16.i7.C3; cows and heifers, 13.754 7.30; calves. J6.7545f9.73. Hogs Receipts. 15,000; market, lower. Heavy, l.13tt'8.25: light. 18.2368.30; Pigs, 178: bulk of sales, 18.20$' 8.25. Sheep Receipts. 8000; market, lower. Tearllngs. $7'e(7.75; wethers, 16.406.85; lambs, 1SST8.50. Chicago livestock Market. CHICAGO, May . Cattle Receipts, 2EH0: market, steady to strong. Beeves. 17.30 t9.10; Texas steers. 16.807.65; Western steers, 170 8.20; stockere and feeders, 18.100 8.10; cows and heifers. . 14 8 8.35; calves, 16.5009. Hogs Receipts. 18.000: market, strong to 10c higher. LiKht. ts.30ff8.60; mixed, 13.20 6S.&3: heaw, 7.W04r8.45; rough, 17.B0i98.10; pigs. 16.o0u8.30; bulk of ssles. 1S.404I8.5O. Sheep Receipts. 20,000; market, weak and 15c to 30c lower than last week's close. Na. tlve. 15 90Si7.5: Western, 107.10; year ling. !6.33 7.8-): lambs.- native, 16.40&S.S0; Western, 16.50'g 8.60. " SAX FRANCISCO FRODCCE MARKET Prices Quoted at the Bay City for Vegeta- bles. Fruits, Etc. SAN FRANCISCO. May 6. The follow ing produce prlcea were current here today: Fruit Apples. 73c(i 11.50; Mexican limes, $5fe3.S0; California lemons, choice. 16.10; common, 12; navel oranges, S1.253; pine apples. 121.50. Cheese New, 1214c: Toung Americas, 13c. Eggs Store, lc: fancy ranch, 10c Hay Wheat. L'3 23;s wheat and oats. 121.10923; alfalfa, I13&1S; barley. 1HW31. Butter Fancy creamery, !S1ic; seconds. 2SHC Potatoes Oregon Burbanks. 60fS0c; Riv er white, 50fl75c; new lUtJlKc; sweets, IS 43.25. Vegetables Cucumbers, 11.50 3 J.75 : green peas. 1SH4.T.0; string beans. SfilOc; egg plsnt. 80ti35c: onions. 25ctrtl.50. Receipts Flour, 2520 quarter sacks; bar ley. 2125 centals; potatoes 100 sacks; hay, 116 tone. New Tork Metal Markets. NEW TORK, Mav 6. Cotton Spot closed steady. MUdllrg uplands, 11.90; do, gulf. 12.15. No sales. Futures closed steady 5 points lower to 1 point higher. May, 11.34c; June. 11.86c: July. 11.39c; August, 11.19c; November. 10.95c: October. 10.8sc; December. 10.90c; July, 10.86c; March. 10.95c NEW ORLEANS. May Cotton Spot quiet. l-16c off; middling. 12 3-ldc; salea lS bales. Chicago Dairy Produce. CHICAGO. May 6. Butter Irregular. Creameries, 25S27e. Eggs Steady. Receipts. 44.77T cases: fre.h. 18c; at mark, cases included, 17&loo;( Ordinary firsts. 17c; firsts, 17S.S1SC Hope at New York. NEW TOUii. Ma-v 6. Hops, quiet. 1 STOCKS FALL BACK Drive by Bears Forces Secur ity List Downward. HARRIMANS WEAK FEATURE Supreme Court Order for Early Dls, solution Promotes Selling Ad vices From Europe Are Favor able Gold Taken for Paris. NEW YORK, May 6. Under much the same conditions aa prevailed yesterday when stocks moved strongly upward, the market fell back today. The Imorovemcot of yesterday was ascribed primarily to eas ing off of the tension in the European po litical situation and the strength of the foreign markets, but the cheerful tenor of the CAbla advicAi. tndav and furtner aa- vances In securities abroad were lgnorea. Evidences of slowlna- down In business at treated more attention bv reason of the closing of several New England textile mills. The Harrlman stocks were especial ly heavy, owing to the necessity imposed by the Supreme Court of complying with tne dissolution decree by July Prices of American stocks were marked ud In London before the opening here, but curchases in this market for foreign ao- count were comDaratlvely smalL Among the Important stocks there were numerous tosses of .one to three points. Southern Pacific dropped nearly lour points xo io bottom figure for five years. Union Pa cific fell three points. The : local trac tion shares were weak. Engagement of 12,000.000 more gold, for Paris, was a factor in tne increasea Heavi ness of the market at the close. Bonds were Irregular. Total scales, par value, 11.772.000. United States bonds were unchanged on call. CLOSING STOCK QUOTATIONS. Rerorted by J. c Wilson Co.. Lewis building, Portland. Closing Sales. Hlsh. Low. Bid. Amal Copper .. 29,3ou 75ft 73 73 Am Beet Kugar. 2.000 .31 -".!,, 30 Am Can Co ... 0,0O 33?i 32VI 32 do preferred., l.uoo Ki 913. 1 Am Car dt Fdy. 48 i Am Cotton Oil.. 1.800 44 42.(4 42V4 Am Smel & Ret 2.1UO 68 MS 6n4 tlo preferred. 101 H Am bugar lit aa nrelerrea i. Am Tel & Tel.. 800 128 hi 12 Am Tobacco ... 200 225ft 225 221 Anaconda 2.10O 38 37 a, 7i Atl Coast Line.. 100 121 121 120 A T ac Sunta Fe 3,300 Vi? !l'4 'J''i do preferred.. 200 V ft Bait as Ohio ... BOO U8ft 9S! ! "4 Brook R Iran.. 4.SOO uoft 84L 8S Canadian Pao .. 11.3 243lt 4o- 241 C O 2.80O 64 63 04 C c Q W 100 14V 14ft 14H C N W 200 I'JStft 128ft 128 C, M at St Paul. 1.0O0 107 lotlft 100 Central Leather 8oo 22 22 k 22 ft Chino 1,800 30 38 SSft Cni -',,! Jt- Iran 'Ami it'2 31ft 31 Colo Southern 28ft Consol Gas 000 130ft 129 120 DLAtW , D & R O ll'k Distilling Secur. 100 1.1ft 15 -s "is Erie 6.000 21ft 29 28 ft Oen Electrio ... 300 13bft 138ft 138ft Gt North Ore 32ft Gt North pf ... 1.400 127 120 125ft Illinois Central. 2oo 11-lft 114 113 lnterboro Met .. 2.300 1 3ft 14'i J4ft do preferred., o.fiov -ft " Inter Harvester. S00 103 ft 103 103 K C Southern .. Lehigh Valley .. 1.700 155 153 ft 151ft Louis Nash . . -4.000 13Z 132 Mexican Central 500 22 ft 22 ft 2? J? M, S P S S M lou iH.t im joi : Mo. Kan & Tex 600 24 ft 23 ft 23 ft Mo PaclHc 1.100 3Jft 34ft ' H4ft National I,ead 48 Not Biscuit .... 100 115ft 113ft 115. do preferred.. 1'? N Y Central ... J,10 301 lOOft lOI N Y. Ont Wes K00 29ft 29 2ft Norfolk eV West 400 105 ft 105 lOi Northern Pao .. W 115 11 113'- Pacllio Mall ... 200 2o - , Pacific T a T .i ' 82 Pennsylvania ... O.rOrt 113ft 112ft 114ft People's Gas ... WO 109ft lOPlj 109ft Reading 67,000 l2ft 10m JOft Republic B & L 800 24ft 24 JKft Rock Island Co. 2.9O0 20ft 19ft 19ft Southern Po .. 21.8O0 ;ft I;4ft 94ft Southern Ry ... 600 24 24 ft 24ft Texas Oil ..... 107ft Union Pacific .. 50.300 150ft 147ft 147ft do preferred.. 10O 84ft 84 3ft United Rds S F. 300 24 23 23 U 8 Steel 62,100 61ft r,! ft 39ft do preferred., 800 107 ' 106ft 10ft Utah Copper ... 1.60V 61ft 50ft 50ft Wabash J Western Union Ooft Westing Eleo .. 1.000 62 61 0ft Wisconsin Cent. 300 C2ft 52 ;i2 Total sales for tne day. 3.4v snares. BONDS. RTMrta1 ,v Overbeck & Cooke Co., Soard of Trade building, Portland. - Bid. Asked. Atchison general 4s ' Atlantic coast Line isi ew-s Baltimore (t Ohio gold 4s 92 92ft B R T 4S J ft Chehsapeake Ohio 4fts J7 Sift O M t St 9 gen 4fts 99ft 09ft Chicago Rock Island col 4s 39 59ft Cal Gas 5 C B Q joint 4s 93ft 94ft Erie general - Int Met 4fts Jtt luisville Nashvllle unl 4s... 9.1 94 Missouri Pacific 4s 0 N Y C gen 3fts. M 8 N W 1st con 4s I'-'ft Northern Pacific 4s 3ft 94 Oregon Short Line ret 4s 90 90ft Oregon Ry Nav 4s 61 2ft Pacifio Tel 6s 8ft Sft Penna Con 4sr ... 2 Reading general 4 -ft iJ St L 6an Fran ref 4s .... i3 Southern Pacific ref 4s SSft Southern Pacifio Col 4s 8 91 Southern Railway 5s 104 104ft Southern Railway 4s j3ft United Railway Inv 4s.... BR 00ft Union Pacific first and ref 4s. . 0ft 90ft United Btates Steel 3s 100ft 100W West Shore 4s 93 ft 04 Wabash 4s 57 58 Westinghouse Electric conv 5s. l 92 Wisconsin central 4s w 90ft United States 2s registered jw j"vt United states 2s coupon 100ft United states 3s registered 102ft JOJft United States 3S coupon 102ft 103ft United States 4s registered 113ft 114 United States 4s coupon 113Vi H4ft Stocks at Boston. A B .............. Amalg Copper.. 73ftNorth Lake A I L at tsm... .-iiiviu uw,iiiuiui, Arixona Com :t Osceola C C S M. SftiQulncy & Arizona.. wHiondniiuii ....... 4, uenla 450 ISUDCrlOr Centennial 13 'Sup & Bos Min.. on Ran Con .:o -. I umaidLn ...... R.itt Coo M. llftiU S S R M... franklin 5ft do preferred... Uroux con .... n tan .in iranby Con ... 2ftlUtah Copper Co. reene Cananea. 8ft 'Winona Rnv-.Ha icon! 22ft Mohawk Kerr Lake :lft ,Nevada Con . . . . ke uopper.... ! v'; ..m.o. . saiia 1'oDner 4 iNorth Butte Miami copper... 28 (Wolverine Ci Cal 1 40 ft 88 05 ft 9ft 08 3ft 28 3ft 4ft 7ft 5ft lft 45) 10ft J 28 ft 48 NEW . Money, Exchange, Etc YORK, May 6. Money on call. iiirtrv.. .'i j v. ....... - . - - steadv. 2ft 3 per cent; ruling rate, 2ft; closing bid, 2ft; offered at 2ft. Time loans, easier; oo uaya, i-eti per cent: 00 days. 3ft 4 per cent; six montns. -i 4 ft per cent Prime mercantile paper. 505ft per cent. ness in bankers' bills at 14.8320 for OO-day . . . . . . , t i SATil fnr 1mand. DIMS aiiu ofc " Sommerclal Dills, ii.lJ. ar sliver, HOc. Mexican dollars, 48c. i:A,,nitiut bonds, steady: railroad bonds. Irregular. T.ON'DON. May 6. Bar silver, steady. 27ftd per ounce. Money, 393ft per cent. The rate of discount in tne open maricec ror short-bills Is 8'itJ8 15-lo per cent; for three months bills. 8ft tl 16-18 per cent. siv TRANCISCO. May 6. Silver bars Mexican dollars .-sominai. Drafts Sight, par; do., telegraph 2ftc Ki.pilnr on London. 60 days. $4.S3ft: do.. sight, 14.88ft.' ' " Condition of the Treasury. WASHINGTON. Msy 6. The condition of the United States Treasury at the beginning of business today was: Working balance 1 71,13,S7S In banks and Philippine Treasury 43.023,573 Total of general fund..'. 139.UO8.074 Receipts yesterday 1.0."a.a"t Dlcltursements - 1.776.40:. Surplus this fiscal year lt.702. Deficit last year in.n20.R03 The figures for receipts, rilsbuf ements. surplus and deficit exclude Panama Canal and publio debt transactions. Coffee and Sugar. NEW TORK, Msy (5. Coffae futures opene-i at aat advajaso sjf 1 to 2 nnlnta -Traitlnff continued very auiet, but the market ruled generally steady and prices worked higher during the afternoon on re ports that early new crop pickings in Bra- xll were not turning out wen ana mi, ui -steady cost and freight situation. The close was steady. Sales. 23,250. May, 10.90c: July, 11.13c; September, 11.33c; October and January, 11.32c; March, 11.38c,' Spot coffee, steady. Bio, No. 7, llftc; San tos. No. 4, l.lftc Mild coffee, quiet; Cordova, 14HS17C, nominal. Raw sugar, easy. Muscovado, 2.86c; cen trifugal, 8.36c: molasses. 2.61c Sales, 80,- 000 bags. Refined, steady. WOOL BUYERS IN CONTROL OF PRICES Less Activity In Now Clip In Western Sec tions. BOSTON. May 6. Trading In domestic wool continues along narrow lines and In emall-slxed lots. Values are easy and buy ers apparently control prices. Less activity is reported In the West and In some locali ties bidders have practically ceased oper- a,The best sale of the week was 20,000 pounds of Montana half-blood at 21c Very little old wool remains In the bins, while the new wool is coming In slowly. Leading domestic prices for old wool range as follows:- Missouri, three-elghths-hlood, ,25c; quarter-blood. 25g2c. Scoured basis Texas fine 12 months, 54 4?53c: fine 6 to S months, 4a&4Sc; fine, 5Ca1lfornla Northern, 5255c; middle county. 30S62c; southern, 48tM9c; lall free. 48S30C. , Oregon Eastern No. 1 staple, 5SrAc; Eastern clothing. 33 tl -Vic; Valley No. 1, 6..C. Terrltorv, fine staple. 55?5c: fine me dium staple. 553c; fine clothing, 51o3c: line medium clothing. 61658c: half-blood combing. 30f.V2c; three-eighths-blood comb ing 4S'.'50c: quarter-blood com"sing. 474oa Pulled AA, 54?5io: A-supers. 50953c. Changes in Available Supplies. NEW YORK. May 6. Special cable and telegraphlo communications by Bradatreets i .nnin. h-n.a In available supplies, as compared with previous account: Decrease. Wheat, United States, east Rockies 8,6!S,000 tTnited R La tea. west Rockies 17o,ooo Canada.. 18A Total. U. a. ana canana S'SXX'XXn Afloat for and in Europe ,?'2?'SSS Total American and European ll.261.ooo r tt a rA Ponarln.. 2.339.000 Oats' u! S. and Canada 2.304,000 The leading aecreaaes ano. incimwD ported this week follow: Decreases Mani toba 1.458.000: Nashville, 84.000: Cleveland, 62,000; Louisville. 60.000: St. Joseph. 0.,000. Increases, Port Huron, 125,000; Ogdensburg. 64,000. Metal Markets. . NEW YORK. May 6. Copper firm. Stand ard spot to July, 15.00 15.5o: electrolytic, 15.75; lake. 15.87; casting, 13.50. Titi strong. Spot and May. 50.1050.50; June, "4!.b"5012; July, 49.25 49.50. Lead steady. 4.30 bid. Spelter weak, 6.605.55. Antimony dull. Cooksons, 0J. Iron quiet. No. 1 Southern, 17.251817.75. Exports of copper this month, 8041 tons. London copper steady. Spot, 69 10s: fu tures, f69 7e 6d. Local exchange sales of tin 75 tons. London tin, easy. Spot, 230: .... 4f T nnrinn lonri (1R fta Sd. Lon 1ULU1CO, i - - J- ...... -- don spelter. 25 10s. London Iron, Cleveland warranta, ois vu. Puget Sound Wheat Markets. SEATTLE, Wash., May 6. Bluestem. 08c; fortyfold. i9c; club. SSc; fife. Si ftc; red Russian, 85ftc. Yesterday's car receipts Wheat, 27: oats. 4; barley, 8j corn, . 4; hay, 30; flour. 4; rye. 1. ' TACOMA. Wash., May 6. Wheat Blue stem. 9S4i9o: fortyfold, 90o; club, 88c; red fife. 87 c. . Yesterday's car receipts w neat, oar ley, 3; oats, 3: hay. 10. . . Grains In San Francisco. SAN FRANCISCO, May 6. Spot quota- ii'-ii- T-,na II rt-li All. A.-,: red Rus sian. 11. 00(91.61 ft ; Turkey red, tl.iSS 1.77ft: bluestem, 11.75S1.S0: feed barley 11 47, l 1.00; brewing barley, nominal white oats, i.o;5s w 1.00; uran, middlings. ISoill: shorts, 128.50(929. Call board: Barley, firm. December, 41.40 bid; 11.50 asked; May. . 11.50. Minneapolis Grain Market. MINNEAPOLIS, May 6. Close: Wheat, May, 86ft; July, SSft088ftc; September, 6UftSMft. Cash. No. 1 hard, 89ftc; No. 1 n,i,,n itUKSlVt: No.-2 Northern. 86ft 87ftc; No. 2 hard Montana, 89ftc; No. 3 wneat. MBMt. Flax, 11.2ft. Barley, 42 ft 5Sc. Bran, $16.00 17.00.v- Naval Stores. - i it i w i u na lfa A "Tuenentlne OAT...-11, " ' " firm. 87ft&38c; sales, 658: receipts, 1043; shipments, 398;- stocks, 18.550. . . . Q-.A. Main,- 9Tt! shipments, 337: stocks. 52.460. Quote: A. B C, U, 4.0v; c, r, e-.owi -j, xi, . ,v, , $4.80; K, $5.00; M, 13.50; N, 6.00; WQ, 6.25; WW, 16.50. ' London Wool SaJes. . LaV I . uv .-, , Jinj v- aiio " - - - - ..... , . i I .. mminta n -t WWII Ui;,l(,il ii i .wuo. "'"----- -v. . . . . .- ... , A- t t,Ft DaiCS. Ji. 1"IIBI V, Mi.Jt.w- ...... a spirited sale, especially West Australian! hi,h ... -. fuVtm hv th home trade. The! marxet was aieauy rv,u .quo. Duluth Unseed Market. DULUTH. May 6. Closing: Linseed on track, $1.29 dr i.3o; Aiay, si.zw,. asaea; July, tSLSlft asked; September, 11.33ft asked; ociopor. i. aancu, . Dried Fruit at New York. NEW YORK May 6. Evaporated apples, quiet. Prunes, good demand for large sizes. Peaches, quiet. Hillsboro Club Active. HITJLSBORO. Or.. May 6. (Special) The Hillsboro Commercial Club has Is sued a call for a smoker Thursday even' ing and invitations are feeneraU The officers expect -to sign up 100 nejtv mem bers before the campaign closes. An elegant suite of rooms hag been en gaged In the Tamiesie diock, ana some of the furniture Is already installed. When the rooms are nmsnea xne ciud will have one of the neatest homes In the state outsi-de of Portland. Vancouver School t3 Get Piano. VANCOUVER. Wash.. May 6. (Spe cial k r,a,i trrand nlflnn is to be houarht bv tfie Vanoouver High School pupils, 116 of whom are taking: part In the musicale to be given in the audi torium of the new high school build-i-.rr iiu 1" An that ev&niiis' atl ela borate programme will be given by the High Bcnool tiiee uiud, comprwuij -t v. - .1,- p,.i-(nol niM Cluh. rnmtinMii of 60 girls; the 14-piece high school brass hand: ana tne au-piece nitsu school orchestra. twt- Tlnltlmnra actor, has de cided to become a priest. RECORD WHEAT CROP American Yield May Be Great est Ever Harvested. MARKET BREAKS SHARPLY Last Prices at Chicago Are Down Over One Cent, lower Cables Based on Improved Eu ropean Situation. r-TT," , , -. T, a Tr-nrvn f nf the greatest Winter crop America ever pro- uucea Drousnt a snarp orup jj",n . j. The close was weak at a net loss of le to 1 Uc Corn finished at a net decline of 14 We, oats at He to H?4c and provi sions at 2c to 30c recession. Expectation that the Government's re- - j mi , 1 ,hvlnllnt port, uua i nuiounj, -wuiu previous expert estimates that the coming wneat crop win do a r-cura-ui-aRc, -the chief bearish factor in today's market. Lower cables, however, based on the im proved European political situation, also had Influence In the break, which began at the opening of business. ni - , whaat tnirav Were i i t 1 1 , C, jl IB V, .. ... - - 851.000 bushels; last year, SiO.OOO bushels. beaooaru clearances 01 ub " - -" equaled i.3l,wi ousneia. Despite atuhbom early support, corn devel. oped a heavy tone. Poor cash demand to ward the close, after some activity de pressed values. Rapid progress in planting also lowered prlcea Slim cash demand was a factor In weakening oats. The heaviest loss In provisions was SOc on July lard under influential selling. The action of lard served to take strength from the entire list. Leading futures ranged as follows: WHSAT. HI ph. 10.9014 .90 .9014 .904 CORN. .8(1,4 .55 .ol .66 OATS. .35 .55 .34 .34 .34 .34 PORK. May 19.40 19.40 1.1T 19.23 July 19.45 19.50 is. ZD Sept 19.25 19.30 19.07 19.07 May 10.90 July Sept. MftV. July. Sept. May. July. Sept. .90 .54 .55 Low. ?0.89 .S9 .89 .14 .56 .65 .3 .34' .14 CIoBe. 10.89 JS9 .89 .54 S5 65 .83 .84 4 10.80 10.72 10.75 11.40 10.97 10.77 10.86 10.72 10.76 11.40 10.97 10.77 In Washington over twenty cities have adopted Bitulithic as a standard -pavement, after thorough investigation. J.GWIIJSON&CO. STOCKS. BONDS, ' ORiW AXD COTTOJl MZaGBSM KFW TOKK STOCK BXCHATTGH. KKW TOE& COTTOX KiCllAHUJi, CHICAGO BOAJU Os' IBAOa, TBJt XOOK Aim MND llOHaXCaV - aUwM raAKCiaco. . POETIiAltD OPTICS: Ltwia BnildiTig, 269 Oak. Sir at, . Ptopes MarstaJl iliQLA 182 . LARD. Mav...... 10.95 10.93 July 10.82 10.87 Sept 10.87 10.87 RIBS. May 11.40 11.45 July 11.07 11.07 Sept 10.87 10.87 Cash prices were: Corn No. 2. 6556Kc: No. 2 white, 67 HVj.- No. 2 yellow, 6536c; Mo. 3 54 -i 4i 55 Vic: No. 3 white, 667c; Jo. 3 yellow. 6,,ij 5o: No. 4. 53 65c; No. 4 white, 65S56c: No. 4 yellow. 3354e, tye io. , o.-iw. , Timothy 12.853.15. Barley 4b !(j ouc. Clover 81-7 & 22. , Pork 19.20. European Grain Markets. LONDON, May e. Cargoes on .passage, quiet. . English country markets, quiet. French country "markets, quiet. LIVERPOOL. May -41 Wheat Spot easy. Futures easy. May, Ts 8d; July, 7s 5d; October. 7s 8a Vancouver to Spend $26,000 Paving VANCOUVER, Wash.. May 6. (Spe cial.) Elwood Wiles, of Portland, was awarded the contract for the construct ion of about two and - three-quartera miles of hard surface pavlnsr on the Main street road extension, running North out of the city. The price is about J26.000. This is the first piece of road to be hard surfaced outside of this city, and 15 per cent of the cost will be paid for by property owners living along the thoroughfare. E. F. BoxwelL of Holslngtoa, Kan., wears hair 42 Inches long. HAMBURGH, AMERICAN Largest SS.C in the WORLD Ovor 400 Ships 504X819 TONS -f"Bsr v-ii. iV Vv i ft w 1 WORLD'S LARGEST SHIP. I "IMPERATOR 1 will make her first trip from HAMBURG May 24. arriving at New York May 81. Sailing June 7, 11 A. M. Enabling passengers to arrive in LONDON and PARIS on sixth and In HAMBURG on seventh day. Books now open for season. LOXDOX, PARIS. HAMBURG BPatricia May 14, 1 P.M. Anierika .....May 23, 10 A.M, Pretoria. May 2, 1 P.M. Kals'n Aug. Ale... May 9, 1P.M. Freeident Orant. . . . June 5, 8 A.M. Idmperator June 7, 11 A.M. Victoria I.ulse...June 10,10A.M. Pres. Lincoln June 14, 8 A-M. g'Pennnjlvania. . .June 17, 9 A.M. 2d cabin only. IFirst cabin only. Will call at Boulogne. "New. MEDITERRANEAN Gibraltar, Kaplea aud Genoa B. S. Hamburg 11.000 Tons) May 80, B A.M. S. B.Moltke (12,B0s) Tons) June 3, 8:30 A. M. S. S. TCambuK .Tuly 1, 3 P.M. 8. 8. Moltke. T. July 15, 8 P.M. CRIMES TO THE Land of tbe Midnight Son Saorland, Orkney and Faroe-Islands, Iceland, Spltzbergen. North Cape, Norway. From Hamburg during June, July and August. S. 8. Victoria Lnlse, 8. 8. IUm,n It and 8. K. Meteor. 11 to 1!3 DAYS - 8S1.-.". lP write ror information HAMBURG-AMERICAN i 160 Powell t., an Francisco, Cal. .!- T. A na. R. R Burl- puffet souna k. rc., ureai uoraey a. e-mun. nw 6th st.. Portland, Oregon. COGS BAY and EUREKA Steamer Alliance II Thursday, May 8, at 6 P. M. NORTH PACIFIC STEAMSHIP CO. 122-A Third St., Near Washlntrton. COOS BAY LINE STEAMSHIP "'B BEAK WATER" salts from Ainsworth Dock, Portland, at 8 A. M., April 17, 23, 30. May 5. 10, 16. 30. 25. 30, thereafter every five days, 8 A. M. Freight received dally until S P. M. except day previous' to sailing, previous day 4 P. M. ' Passenger fares: First-class, $10; seo-ond-clasa, 7. lnaludlng berth and meala Ticket -office at Ainsworth Dock. PORTUND COOS BAY 8. 8. LINE; IV. H. KKAT1NU, . Agent, mono aiata eovw. a 3as. j Accommodation One of the vital principles of a bank ' " service is its care in serving its cus tomers. Hie Northwestern National Bank gives careful attention to all of the . wants of its depositors. Third and Oak The Value of a Checking Account is clearly apparent to the man or woman who uses one. It you are not now enjoying its advantages you will find, upon investi gation here, that in operation it is sim plicity itself, while the results are certain to be of benefit. United States National Bank Capital and Surplus $2,000,000 mm tfi.,Ut)U,0UU xnirq ( We Foreign Exchange Facilities of thla bank are' at your disposal always ready to quote best rates for the purchase of clean and documentary bills at short or long: sight on London. Paris, Berlin, Amsterdam, Antwerp and all points on the continent. LUMBEFfMENS National Bank Fifth and Stark Street RESOURCES T MILLIONS First National Ban Capital $1,500,000 Surphw 900,000 Oldest National Bank West of th Rocky Mountains C0KSX& FIRST ASTD WASHINGTON STS. L ADD & TILTON BANK EsUbliihed 1859. Capital Stock Surplus and Undivided Pi-afiU. .t1000.000.09 1,006.000.0(1 Commercial and Savings Accounts Letter credit, drafts and traveler' chock t lasaedarrailabli in 11 parts of th world. W, M. lsdd, Praaldaat. SVIOa-B0. Robart a Htrwar, Ant; Caabisa) Asst. u THE BANK OF CALIFORNIA NATIONAL ASSOCIATION of San Francisco Founded 1864 Capital Paid In... ...:.,'..,.. .$8,500,000 Surplus and Undivided Profits...,...,. . . .,. .$8,050,061 Commercial Banking and Savings Departments PORTLAND OFFICE Third and Stark Streets TRAVELERS' GCIDK. STEAMER liASSALO For Astoria (fiYfi lrl"DJ 80 P. It. vAijPI AadlT. eaeopt Saturday. MSy Iae Astoria lOrOO A. M. JS- dsUly, axovst Issssr, Dt Tftakate Aah-8t--t back ar Otty Viaka-c Office. Talral amal Waaklasrtasa k'tVkUA STKA HKKS FOB Baa Fnuclace and Los Angslss WITHOUT CRANQB B. 8, BKAR sails 9 A. M.. May 7. 6. 8. ROSE CITV, A. M. May It. THK 8 AS FKAKCISCO at POKTLANU 8. CO. Zlckct Office Sd and tVaahlnstoai (wlta O.-W. ' B. M. C.) . Fbon Marshall 60t. A tltl. San Francisco. Los Angeles and San Diego Direct . a, M m r-n M . 8. 8. Eiouioso ana a. t- xaaer. all xrery Wsttaaaday Altema-laly at NORTH PAOirib 8. S. CO. isa a Third M. Fhoasa Mala UU, A Itlf, aa m NEW YORK -PORTLAND REGULAR FRBIGHT BBRVICB. Low Rataa. Scheonl. Tlma, AMERICAN-HAWAIIAN S. S. CO. tit Rail war Kxebanr Bids, FarUaad. Or. Mala M7. A The Canadian Bank of Commerce head ornoB Toronto, Canada. Established 1867. A general banking business transacted. Interest paid on time deposits. Letters of Credit and Travelers' Checks Issued. PORTLAND BRANCH, Corner Second and Stark Sts. F. C. MALPAS, Manager. TRAVELERS' GCIDK. SYDNEY;" SHOIT USE Bss Fra-rit-o to AuitraJis, 1 1 uyi na Honolulu sod Samoa, lbs sttrsctin and plat-ant route, winter or -umsmr. 8plndld 10,000 ton M-aaKn daiM by Britiin Lloyds 100 Al). tlllHsnslMlii lint-dsn round tril lydnty 1309 IMJ OBANO TOUR SOUTH SEAS Ma Honolulu, Ssnos, Australia, N'nr Zealsnd, Tahiti, ftc tMS Id Clan Round tht World; 2nd Clus SUO Vnitint A continents and world 'ecr-at cities (stop-oTer) Honolulu Bailings Hay 6, 20. June 3, etc. Sydney trrrs 28 d, Mav 6, hie 8. etc 6end (or folder. OtaanU I. I. Cs.. ITI Market lu Sin franaiN