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