Image provided by: University of Oregon Libraries; Eugene, OR
About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (May 21, 1913)
23 THE MORX1XG OKEGOMAN. AVEDNKSPAY MAY 31, 1913. RIENT III MARKET heat Taken for Summer Shipment Across Pacific. IUIMTRY PRICES STRONG en Orr-Grnde Lots Are Bouplit at Isteop Figures Smallnes or blocks in Interior Is Be coming Apparent. Vbeat buym t country point. 1. neces-.11- .:!. down. as th. Imclc of sup- a bicomn mor. .DP.rent. Full price. are -tea on all sorts. Th. strn-ta or u rket was shown ye.tereay by the payin, i... for tax.l ofl-grads lot. Ull iii ... c . r - - t earlier la tli. son win discounted ;x. 1 cent, a Du.heL So quietly wu e bnytns done In th. oast week that many that mra ttaotifht to be a.aliaoie nave m been found to hare passed out or far , hand.. Mor. er le. damaced wheat ... r-m nn.aTd. but of KOOd ItlMt th. Pp:y is practically exhausted and In aome ' tne important lections tt la arsoiuieu a .... -t,s ousted on th. local srket yesterday at PS cents. 40-fold at MO m at llfilfll- I Th. Oriental demand for wheat I. hold s' on better than om. of th. dealer, - Iwted. Oood-slztd aale. ss-ere mad. ye- l-rday for lat. Juno and early July anip- ent. There wer. alo rumor, of further Itport flour sa. Th. California Inquiry r wheat continues active. Th. demand for barley has .lacked up imiwhat. . i ...... mt in car., were reported by i. Merchants Etehan. a. follows: Wheat Barley noar uara ji.t it. 1 1 " - rtiandav .... ll 14 ear .So '5T. S30T KIT So" Forf !rn crop conditions ar. summarised Broornh ! as follows: irmrrtoTn Aceortllnc to an official I -port the crop outlook is fairly satlsfac- iry. Arcordlnc to unoniciai reuum . H..r mint Is much discolored. The acreage :. 'Spring cereals shows a shortage. It Is sb feared that th. Spring wneat crop i. nui j ii .. anmo ttnrt. It has been o jn R w .. xiesstvely wet. although th. weather la now maroTtnf Irance The crop outlook 1. rainy satis aihttirh in th. western region the jiiun nf the croD. Is only moderate, gup- 'es of natlr. wheat ar. larger and arrivals foreign wheat are large., nnar weamer . .. .v. -.n Autlnnk la favorable. UVSIIl.ll . . r .t.w .v.. .th.r puo3ftble. Native offerings .r. larger and the export demand smaller. Russia The crop outlook In tn. sou in is I cry favorable. In th. center ana east I routh Is continued. The recent frost was .ry sever, and most authorities bellev. the I ...... Vav. ban damased. Supplies In the I) . v. . -. ii-l. rh inuthMlt fairly liuuiii"t'L ''"'- Jberal. ( Roumanla There have been good general rains, whlcn hav. benefited th. wheat crop. i !i. planting of corn Is about finished. Sup plies of natlv. wheat are small. ' Italy Both crop and weather reports show Improvement. ffnaiR Th. weather Is warm following bentlicial rains and th. crop shows Improve ment. India Offers of wheat ar. being mads on . fairly liberal scale. Ther. is a good ex port demand, with th. market firm. - Australia, Latest advices confirm the fact that th. new crop. ax. making an excellent start. Argentlna-Th. weatlrer is seasonable and favorable for th new wheat crop and move ment of com H0PCROWES8 BUSY CT. LTI Y ATTNG. Condition, of Crop In Independence1 Sectloav. Market Dull. ' tfo demand exists tor spot hops and there Is only a normal Inquiry for contracts. '. Growers ar. busy cultivating, taking ad vantage of th. exceptionally fine weather. Hop men who hav. been through yard, in th. Independence section in th. past two days report the outlook good, but th. growth of th. vines la very uneven. Thl. Is a frequent complaint at this time of year, but th. fault Is generally remedied In th. Fummer month. Ther. is a difference of opinion as to the proportion of missing hills. In about a week', time mor. defi nite Information on this head will b. avail able, as It will b. known then whether the hills that have not yet sprouted ar. dead .or only backward. Berahard Blng writes from Nuremburg. 'tlermany. under data of April 1!S: Th. work In th. hopyartls has com menced everywhere. 6o far as can be stat ed th. roots hav. Wintered In good con dition. Our Continental markets show a strength, and activity seldom seen at this ' period of th. year. Th. stock I. reduced t -to such a degree that prices hav. advanced again 19 MXi. for all grades. OREOOX STRAWBERRIES ITXNTUl L Receipts From California Are light Not Stany Kxpected Today. Receipts of Oregon strawberries yester day wer. the largest of the season, over 3 to crates reaching Front street. Th. best sold at SS.6OS4.0O. Th. aupply of Cali fornia berries was small and will bo no bet ter today. Dollars wer. firm at $1.75. Only . few Jessies showed up and they w.re poor. Th. first .hlpment of apricots of th. sea son arrived from Coachella and sold mt $ V a crate. Rip. bananas were very scare, on .' th. street. - A car of California Garnet Chills was re relved and they wer. quoted at ty-cents In sacks and S cents In boxes. Vegetable ar rivals were small. Local asparagus Is In light supply and firm at $1.35. Poultry Supply Is .Moderate. Poultry receipts yesterday war. f flrlent for th. demand and tb. market was steady at 13 cents for h.ens. Ther. was a good demand for broilers; but soma of thos. sent In are entirely too small. Spring ducks also sell well. Dressed pork holds study, but the veal market Is weak. R:i are moving at unchanged prices, with the supply and demand equal. No changes wer. reported In the dairy produce markets. Bank Clearings. Bank clearings of the Northwestern clti yefttertluy were as follows: Clearings. Port'and 1. '1. n svat:!e :!.13.:;.'3 Tacoma , 5K3.t2 hlkan. ............. Balances. luU.linl VI. 314 tso.wa TOBTLAXD MARKETS. Grain. Flour, Feed, Etc. WHEAT Track prices: Club. 93c; blue siem. J,K'l; 0-to.J. t4iiUSc; red Rus sian. S0f 91e; valley, H3c. FI.OCR Patents, $4.70 per barrel; straights. $4.10; exports. $3.8338.93; valley, $1 7o: graham. $4.60; whole wheat, $4.80. OATS No. 1 white. $31.50333 per ton. CORN tVbo!.. $i'S.Si; cracked. ;29.90 per ton. i:LLSTt"FF3 Bran. $i4.30e2S per ton: shorts, t2o.SOtr?7 per ton; middlings, $31 per ton. BARLEY Feed, $27.00 per ton; brewing, nomtn.-il. rolled, ixivo O.io per ton. HAV Eastern Oregon tlmotbv. choice, $11 IS; allaila, $1311; straw, $97. Fruits and Vegetables. I,orsl Jobbing quotations: TROPICAL FP.CIIs Oranges. Navels. $lSw3i.i0; Florida grapefruit, $4.S9.50; i lemons. California. $67.75 per box; Sicily. $7 per box: pineapples. CI7c per pound. ONIONS Oregon. $US5 per sack: Ber muda SI . MIS 2 per crate. VEGETABLES Artichoke. 75c per dozen; asparagus. Oregon. $161.33 per dozen; beans. 10fl2c per pound; cabbage, 11 '.4 4 ic per pound; cauliflower. (2 per crate: eggplant. 25c pound; head lettuce, $2.50 per crate: peas. t c per pound; peppers, S.'4e per pound; radishes, 1012c per dozen: rhubarb, ltrlic per pound; spinach, 70c per box; tomatoes, $2.303 per box; garlic. Tlr r per pound. POTATOES Burbank, 40(5 50c per hun dred: new, ii3c per pound. GREEN 'FRUIT Apples, nOc8$2 per box. according to quality; strawberries. Oregon. $::ir4; Florin. $1.25 '(J 1.75 per crate; cherries, 1.2.1 '(i : 1.0O per box; gooseberries, 7i3.tc per pound. tfACK VEGETABLES Turnips. $1 per sark; parsnips. $1 per sack: carrots, $1 per sack. Dairy and Country Produce, Local Jobbing quotations: POl'LTRY Hens. 15c: broilers, 25tf2c; turkeys, live, 195f20c; dressed, choice. 25c; ducks, old. 10iiUloc; young, 2425c; gees-, young, 1517c. . EGGS Oregon rar.ch. case count, 13ii O 19c per dozen: candled. 20c per dozen. CHEESE Oreion triplets, loc; Daisies, lH'-ic: Tonng Americas. 17 Vic. BUTTER Cltv creamery butter cubes, ZSo per pound; prints. 2!"e29o per pound. PORK Fancy. 11"; w 12c per pound. VEAL, Fancy, 13 a 14c per pound. Staple Groceries. I.or.-il Jobbing quotations: SALMON Columbia River. or.e-pound tails $2 25 per dozen; half-pounl flats $1.40: one-pound flats, $2.43: Alaska pink, one-pound tails. 63c; sllversldes. one-pound tails, $1.25. 1'ONBV Choice. $3.2588.75 per case. NUTS Walnuts, ISO per pound; Brazil nuts, 12'.ttil5c; filberts. 14'S13c; almonds, ISc; peanuts. 614c: eocoanuts. UOcSH per dozen: chestnuts. 11c per pound: hlck orjnuts, ScjlOe; pecans. 17c; pine. 17 ii G20c. fa BANS Small white. 6c; large white. Sfce: 'Jim, 0,30c; pink, 4c: Mexican. 8c: bsvou, 4VC, , , SUGAR Fruit and berry. $3.15; Honolulu plantation, $5.10: beet, $4.95: extra C, $.; powdered, tarrela, $5.40; cubes, barrels, $5.50. COFFEE Roasted. In drums, 21H$40e per pound. SALT Granulated. $14 per ton; naif ground 100s. 10 per ton: 60s. $10.i3 per ton; dairy, $12.50 per ton. RICH No.- 1 Japan. SSStic: cheaper grndes. 4Vjc: Southern head, 56c DRIED FRUITS Apples. 10c per pound; apricots, He; peaches, 8llc: prunes, Italians. fctflOc. silver, JSC; figs. whit, snd blsck. SiitiTc: currants. 9'ie; raisins, looi. Muscatel, et.ei'ic; bleached. Thompson 111c; unbleached. Sultanas, 8Hc; seeded. 7feSHc: dates. Persian, 7ifi8c per pound: fard. $1.05 per box. FIGS Tweiv. 10-ounee, 83c; 30 ft-ounce. $1.85; 70 4-ounce, $2 30; 30 10-ounc. $4.23: loose. 50-pound boxes, 0tt67c; Smyrna, boxes, $1.101.25; csndled. $8 per box. Frovlslona. Lorsl Jobbing quotations: " HAMS 10 to 12 pounds, 19tte20ttc; 12 to 14 pounds. 19Vzt20c; picnics. 13 o; cottage roll. 19c. BACON Fsncy. 29930c: standard, 24f 25c: English. 2'J j 23a. LARD In tierces, choice, 14c; com pound, vSc DKf SALT MEATS Regular short clears, 18 Ha loc; short clear backs, 12 to 18 lbs, liy 15Sc; short clear backs. 1 to 25 lbs., 14rl5Hc; exports, 15t?lic. BARRELED BEEF Extra mess beef. $19; mess beef, $19; plat, beef, $21; rolled boneless beef, $30. BARRELED PORK Best plf pork, $27; plLkled pork. $25 - Hops, Wool end Hides. HOPS 1P12 crop. 10013c per pound; 191$ contracts, 13S13HC per pound. PELTS Dry. 12C lambs, 25?3!C WOOL Eastern Oregon, lou loc; Valley, 1491so per pound.- HIDES Salted hides. 12c per pound; salted calf, Jli'jlTVic; salted kip, 12ffl4c; green hides. 11c; dry hides, 21i8c; dry calf No. 1, 25c: No. 2. 20c: salted bulls. 8c MOHAIR 1918 clip. 809330 per pound. Linseed Oil and Turpentine. LINSEED OIL. Raw, barrels, 5Sc; boiled, barrels, Hc; raw, cases, tiac; boiled, cases, li5c OIL MEAL F. o. b. Portland works: Car. lots, $33; 3 and 10-ton lots, $34; too lota $35. i TURPENTINE Barrels. 54io: cases, 87c. GASOLINE Naphtha, In iron barrels, 16o; In cases, 28c; motor gasoline. In Iron bar rels, 17c; cases, 21c; ens. oe distillate. In Iron barrels, SHc; in cases, 15 He COAL OIL Cases. 17 c; lulk, lie. SHEEP MARKET LOWER SEASONABLE DECLUTE IX MUT TON' MATERIAL. Cattle Aro In Drmand AVitli Full Prices Quoted on Best Quality. Small II Tin at Yards. There waa only a light supply of livestock on the market yesterday and trade at the yard, waa consequently quiet. Cattle are holding firm in tone, and hogs and Bheep are weak. Tb. few load, of steer, offered during th. day did sot grade op to the top quality re cently sold, as the prices paid. $8.15 to $8.69, show. Butcher cattle sales wer. confined to odds and ends. In the hog division practically nothing was done, but there was a fair amount of activ ity in the sheep market. Wethers sold at lii. itwes at $4 and 5, yearlings at $5.95 and Spring Iambs at $6.r,t. Receipts wer. 218 cattle. 3 calves, 181 hogs and lu56 sheep. Shippers were George Lloyd, Prqscott and tVaitauuriT. Wash... 2 curs or hncs: Ketchum a: Son, The Dalles. 1 car of sneep; George Zimmerman, Carlton, 2 cars of sheep; L. E. West, Oakland, 4 cars of sheep; John Good born. Roseburg. 1 car of Bheep; J. M. Berry, Red Bluff. Cal.. 2 Car. of cattle; J. F. Hrophy, Ked Bluff. 2 cars of cattle; Smythe Brothers, Roosevelt, 2 cars of. sheep, and J. K. low. Deer Island. 2 cow. and 1 calf. The day's sale, ware as 'follows: Weight. Price. 34 steers l4 S13 o- steers l'"-'3 B 28 stwrs 1113 8.B0 1 steer ' -W 1 cow . .. 140 r 6 bulls 17."1 6.."0 4 bulls 1445 O.IM) 9 hogs 13 -3 50 si-rlng lambs 8 0 44 weth?rs 3 B. 21 wethers 8 u" 105 wethers 1" "-"0 65 ewes 13S S.l'O 68 ewes 141 4 .00 28 yearlings 6-f5 2S4 yearlings 4 0-3 The rang, of price, at th. yards was as follows: Choice steers $?.00 $9f00 Good steers 7.76 o --3 Medium steer. 7.251? '1.76 Choice cows 7.00' 7.73 Good cows 6 60 a: 7.00 Medium cows 6.00 6,50 Choice calves s.OOtf t oo Good heavy calves. t.iOii 7.50 Bulls 9.231(1 0.50 Hogs Light . 8.259 8.33 Heavy 6.500 7.30 Sheep Tearllng wethers... 6.03 3 7.00 Ewes .otp 6.00 Lambs 6.50tf 7.50 Omaha Livestock Slarkrt. SOUTH OMAHA. May 20. Cattle Re ceipts, 3600; market lower. Native steers, $7fe8.50; cows and heifers, $Cf7.o0; West ern steers, $6 50u: Texas steers, $63 7.50; cows and heifers, $57.25; calves. $710, Hogi Receipts. 6.100; market higher. Heavy, s 30-'8 40; light. ?8. 400 3.45; pigs. f;-J; bulk of sales. ka35S8.40. Sheep Iteceipls. 60UO; market steady. Tearllngs. $fi.o u 7.30; wethers, $o.25w6.i3; lambs. J7.CU5 8 40. Chicago Livestock Market. CHICAGO, May 20. Cattle Receipts, 1500; market slow, steady. Beeves, $7,104? 8.90; Texas steers, $15,757.70; Western steers, $7'tf)8.1B; stock-rs and feeders, $5.30 7 N5: rows and heircrs, $3.bU fi 7.i0; calves, $6.259. Hogs Receipts. 9000: market strong. 3 to 10c higher. Light. $S.45'rS.72is ; mixed, 8 40T8.73; heavy, $S.158.i!5; rough, $S.15 it'.S"; pUs, ttf.Ooa a-4o; bulk of sales,' $8.55 t$.70. Sheep Receipts. 12.00O; market, steady to 10c lower. Native. SO y 6.15; Western, $5 50 8.15: l-carlings. $036.75; lambs, $6V 7.U0; Western, $03 7.60. Chicago Dairy Produce. CHICAGO, May 20. Butter, unchanged; receipts, 10.309 tuba Eggs, unchanged; receipts, 27,500 casesr Duluth Linseed Market. IVTI.L'TH. Msv 2. Close Ldnseed, $1.3.'a: May. $1.324, nominal: July, $1.33 asked; September, tl 3&S bid; Octo ber, $1.31 'i. Hops at New York. NF.W YORK. May 20. Hans. UilUt, BOND BIOS ARE LOW Offers for New York Issue Are Under Estimates. AFFECT GENERAL MARKET Stocks Are Firm Throughout Gi-cuter Part of DayHarrLmaiis Strength ened by Eimor of Settlement of Dissolution rian. x-ttv TfiRk- Mv 20. After slowly gath ering strength' during the greater part of today's market, stocxs receiveu a late in the session, when bids were opened for New York City's $45,000,000 Issue of 4' . . hn. n-. i.ia. fell considerably below the usual estimates. The view com monly held as to the probable issue pn of the bonds was indicated by-the trsdlng in the bonds "when Issued." which has been In progress on the "curb" ror some iiu.tj. The bonds sold as high as 100 and today there were sales at 100H. before th. bids were opened. When It Becune " bias from some of the largest financial in stitutions were being - received ni p-ir t. slightly above, the Donas som ou. i and the outstanding dry issues also ean- ""prices of stocks moved Irregularly at the outset, but the undertone waa firm. V 1 drawaj of pressure from the Rock Island and su Louis & San Francisco Issues, which were especially weak yeeterday. "ad a stimulating effect and traders were inclined to take ine long am, i.i V ir.i ion.lder- Tlw upwaru iiiucjitM. , able impetus from the circulation of a ru- nior tnann- ""..crlSn of all Deen ueLiueu " , . ,v ... parties at Interest. Tri in On the strength of this rumor. Union Pa cific and Southern Pacific rose strongly and the rest of the market moved up with them. Although" the rumor subsequently ws denied, the market retained Its advan- taite until It received its settmca mio "ond. were higher St. Louis Cisco general lis touched 72. a new low lec ord. Total sales, par value. $1.4JO.OO0. Tan ama 3s coupon advanced ii on call. CLOSING STOCK QUOTATIONS. Co., Lewis Reported by J. C Wilson building. Portland. Sales; 1S,40 1O0 8.50O ooo High. 100 1.200 100 100 29-4 33 is 93 'ii" 67 V4 302 i 110 Low. 73 32 92 Closing JJId. 74 29 3 41 JoaVs no 'iio 128! 300 100 2,000 '"00 4,200 8.90O 2,100 :;s 122 u 99 ; 9SS VI n 237 H 10SH 100 1,3(10 2.100 10 l.ooo 200 1.700 1.10O 200 Amal Copper . Am Beet sugar Am Can Co do preferred.. Am r,r Jfr VdV Am Cotton Oil.. Am timel & ML do preferred. . Am Sugar do proferred.. Am Tel 4 Tel.. Am Tobacco ... An aro Ii da . . . . . Atl Coast Line.. A T & Santa re do preferred.. Bait & Ohio ... Hrnnif Tt Trail. . Canadian Pao... r A o r. n vxr C & X W 1"" C. M St Paul. 2.100 Central Leather Central of X J Chlno 1,600 Col Fuel A Iron. . 200 Col Southern Consol Gas .... 900 D L W D R G 100 Distilling Secur. i iJrie General Eleo ... 800 12, Vnrfh lire OoO lit Nitrth Df ... 8.:MlO Illinois central. Interboro Met.. do preferred.. K C Southern.. Ihlgh Valley Louis : Nash.. .Mexican Ccntrsl M. S P i 3 3 M Mo. Kan & Tex. National Lead.. Nat Biscuit ... ...... do preferred XT V r-enlraJ . . . 2.300 Jf Y. Ont ft We. 20O Norfolk & West Northern Pao .. 600 Pacific Mall .... Pacltlc T AT.. 100 do preferred.. Pennsylvania ... 4,900 People's Gas . .. 1J0 Heading 88,800 Republic S Ac I Rock Island Co 1.400 Southern Pao .. B.'.iOO Southern Ky ... S00 Texas Oil 1"" Union Pacific .. 81,900 do preferred t'ntted Rds S F 100 U S Steel 37.OO0 do preferred.. '00 Utah Copper .. Wabnsh 400 Western Vnlon.. 100 . . . .,1 Oltk Total sale, for tho day. 221.200 shares. BONDS. Tier.orted hv Overbeck & Cooke Co., Board of Trade building, Portland. Atchison ceneral 4s 4ii 94i Atlantic Coast Line first 4s.... 91 Baltimore Ac onio gom s 89H SI it isiii 'l7 189 34 54 115 V 14 MH 22 135 132 ii 23 33 47 100 ii 2S-5, io.m 114 'si" iioi 109 161 H '17 97 S 24 74 3 054 10074 22 74 04 ll 50", 5U 62 37 122 V. 99 Vs hi 236 04 i29 I01H 8S4 31 131 k' , "its '274 111s 4 126 ' 115U 14ft 51 22 l.-et 132 84? 47 99 2Si 105 114 'ii" iioH 109 100 4 'iii"- 90 23 105 148 14 '22 105 SO 2 R5'i 3 4tiU 40 67 10154 110 111 12H 226 37 121 VV 99 . S D1H 230H 4'. IS 13" 1"7 2 2S15 3-i 28 1S1V4 S95 JS 15 "4 2S i:ts a::i 115 14 60 234 1M, 21 M 1:10 22 i 34 46 112 11. T 0n 2SS 100 4 114 'A lO So 89 110 108 l(in 28 U 11 97 23 105 150 M ill) 10514 50 ii 2-4 65 14 1 r. 1. rr - Chesapeake ft Ohio 4s.. C M & St P gea 4s ..... C R I col 4s Cal Gas Us C B Joint 4s. ........... Erie general 4s Int Hut 4s . -. Louisville &. Nashville unl 4s. Missouri pacific 4s NYC geji 5s N W first con 4s Northern Paciflo 4s..... Oregon sauu 1-1110 ici -Oregon Railway Nav 4s 91 facmo lei us -v. IW Hil 07 93 94 72 75 93 09 SI 93 93 Ull . 94 . 09 . -7 . 91 ,103 . 76 P.nna fun ! Heitllns gen 4s St I, & S ITef 4s..... Southern pacific ref 4s....... Southern paclflo col 4s....... Southern Railway 5s Southern Railway 4s Lintea Kauway uiv L'nion Paolflc first and ref 4s.. L'nited States Steel 5s......... West Shore 4s VVaba3h 4s Westlnshouse Eleo conv 3s... kvlscousln central ss kVeLtern Pacific 5s 81 Lnlrtd States 2s registered... . . .100 United States 2s coupon ...l'M L'nited States 3s registered 102 United States 3s coupon 102 l'nited States 4s registered. ... J 18 L'nited Stales 4s coupon -. .113 91 Hit "4 . . 93 . . 56 .. 90 92 fll) 87 99 4 07 93 944 73 73 4 70 85 oi" S9 93 98 99 94 ?83 92 104 76 ii 100 94 07 91 89 T4 si 100 103 103 114 114 Stocks at Boston. ortcTnv v.. ' f T'lnirin ouotatlons: Alloues 32'Ylohawk 49 Amalg Copper.. 74 (Nevada Con .... 10 A Z L c Sra... 2aiS!NlpIsslng Mines. 8 Arlsona Com .. 3 iNorth Butte 28 B C C 8 M. 1 iNorth Lake 1 Cal as Arizona.. 63, Old Dominion... 40 Cal Hecla. . . .4,"5 tOsceola , 83 ntenniai vuincj . .. . o it Ce 2!4 Cop Ran Con Co 4J 'Shannon E rjuno v.yy a, a. 73 ui.t. ........ . rranKiiii ....... "" a, . - tiiroux l.on .... 1 m 1 . n,i ...... Granby Con ... 63 USSR M... 38 3reene Cananea. 6 do preferred... 4rt I Royalle (Cop) 22iCtah Con ...... 754 Kerr Lake 3jUtah Copper Co. 50 Lake Copper.... 11 Winona 1 La Salle Copper 4 'Wolverine 67 Miami Copper... 2a Money Exchange, Ete. NEW YORK, May 20. Money on call, steady, 2iAi3 per cent; ruling rate, 2: -w-n. hi.)" offered at 2. Time loans. Arm; W and 90 days. 4 per cent: six irrontns, 4oth, per cent. Prime mercantile paper. 65ti5 per cent. Sterling exchange steady, with actual busi ness in bankers" bills, at $4.S3 for 60-day bills and at $4.8655 for demand. Commercial bills, $4.82. Bar silver. 60c Mexican dollars, 4Sc. Government and railroad bonds, firm. LONDON, May 2X. Bar silver, steady, 28 l-ld per ounce; money, 8ig3 per cent: rate of discount In open market for short bills. 3 per cent; do, three months' bills, 3 13-16'a3 jl per cent , PAN FtlANCISCO, May 20. Silver bars. H0. Mexican dollars, nominal. uralts, sight par; do telegraph. 2c. Sterling in London, 60 days, $4.83; do. sight. $4.SCH. Changes hi Available Supplies. NEW YORK, May 20. Special cable and telegraphic communications received by Braiistrects show the following changes in available supplies as compared wun previ ous account: , l'nited States, esst Rockies, deo. .. .3,420.000 United States, west Rockies. Inc.... fio.OOo rt.n.rtn. decreased. 2.784.000 LXoua L'ultud Sutu and Canada, lnc.3.LLLO0uJ Afloat for-and In Europe, decreased.1.300,000 Total American and European sup- Oats. United States and Canada, dec. 757,0110 ine ieaoiDK wt;ieMt- " . . - portea tnis weca ioiiow; 1 , ,' ' , ' toba 62.O0O bushels. Syracuse 70.000. Louis ,.niA ti, i,,.i i.... TTni-rtn so 000: increase. Portland, Mt, 378,000 bushels. Condition of the Treasury. WASHINGTON, May 20. The condition of the United State. Treasury at tho begin ning of business' today was: Working balance '. $ w r,52' .i. In banks and Philippine Treasury 45,8iS,44 Total of general fund 14l ".-? Si2 Receipts yesterday ?'?,iJni Disbursements . .'l'?,t:,.,h The surplus this fiscal year is $4.506.o-'9, as against a defict ot $11,040,929 last year. T-it -rio-tiT-.a -fur recelnts. disbursements. surplus and deficit exclude Panama Canal and public debt transactions. WOOL BUYERS ABE MOKE INTERESTED Some Increase In Trading; at Boston New Clips Quoted Lower. unTiiv xintr 90 Morf Interest is being shown In domestlo wool by both manufac turers and dealers, although the increaso In business is small. New territory wools are beginning to ar rive, but "the demana is light. All grade, are quoted at lower prices, while medium fleeces are selling close to tho low record. Old territory stocks move slowly, Mon tana halfblood bringing 21c. Some Ohio mA-.l0-lit!a hlnnti has brought 22o and new Ohio three-eighths a cent higher. A imr iraae is reporitu in ,.tj.., wool, but th. demand for Texas and Call . 1 - . 1 , I. laolrlni. Trading do mestic values range as follows: Missouri tnree-eigntns oioou, quarter blood, 2425c Scoured basis Texas fine. 12 months, S3 65c; fine six to eight months. 4748c: fine Fall, 4446c: California northern, B2(g53c; middle countv. 5052c; Southern, 4S49c; Fall free, 43 4 50c. Oregon Eastern. No. 1 staple, 841T55C; Eastern clothing, 8355c: Valley, No. 1, 53 54c. TerrltoTv, fine staple, n&H5$c: fine medium staple. 6465c; fina clothing, SOgBSc: fine medium clothing. 49f 5c: half-blood oomo Ing. 6052c; three-eighths blood combing. 48frfi0c: quarter blood combing, 47?48o. Pulled AA, 64 55c; A supers, 00(g54o. SAX FRANCISCO PRODUCE MARKET Prices Quoted at the Bay City for Vegeta- ptes, rruus, mt, SAN FRANCISCO, May I. 1 " itniu"- Ing produce prices were current here today! rniu Appier. ..iwi ----- common. $44j4..-.0; pineapples. ,$23-- r-otaiocs uririiuii ..i..., .; Rlvor wblte.00c; new, l2c; sweets, o S Cheese New, i414H; Young Americas, 16c. Eggs Store, ISc: fancy ranch, 21c Hay Wheat. $2325; wheat and oats, $21.5022: alfalfa. $12S'14: barley. $1821. Butter; Fancy creamery, 2ic; seconds, 26 c. Vegetables Cucumbers. $2.502.7r.; green peas. $1.50 12.25; string beans. SSic; egg plant. 25 30c. Onions Nevada. 75c 9 I per cental: new, red, 60 si-75c per sack; Bermuda seed yel low, 90c4rl per crate: white, $1.60l.i5. Receipts Flour. 13, l -l quariors; 465 centals; potatoes, 1S15 sacks; hay, lis ton. Naval Stores. Coffee and Sugar. NEW YORK, May 20. Coffee futures opened firm at an advance of one to four , . . a , .1 nKn- IhM. tn niv Tiolnts net higher during the middle of the day on covering or snorts ana pun buiijiuh. j .. market lost most of its advance In the , . ; -..Ti.iTiir find renorts of a slightly easier spot situation. The . . . , . .h.nDMl lit Iwn Close was steataj-, "t ....., .... - points hltrher. Sales. 37.000. May, 11.12c: July. 11.18c; September. 11.34c; December, 11.30c: January. 11.87c: March, 11.40c. Spot coffee Barely steady. Rio 7s. 11 c Santos 4s, 13 c. Mild coffee, quiet. Cor dova, 14S17c nominal. Sugar Raw. steady. Muscovado, 2.77 2.80c: centrlfutral. 3.273.S0; molasses, 2.52 2.65c; refined steady. Metal Markets. ' NEW YORK, May 20. Copper steady. Spot to July, 15.37c orfered: electrolytic is X7rai8.00c: lake. 16.00c; castings. 15.62c. Tin Quiet and easy. Spot and May, 47.62 f4R.00cT June, 47.20M47 ioc; juiy, io.oi! 47.12. Lead Steady, 4.30e bid. Spelter Quiet, 6.355.45c. Antimony Dull. Cooksons, 8.75g 9.00c. Iron Quiet and unchanged. Copper exports this month 25,996 tons. London markets closed as lollows: copper, dull, snot, 68 8s 9d; futures. H 7s 6d. Tin Qivet: spot 218. 6s; futures, 213 15s. Lead 19 6a 3d. Spelter 24 10a Iron Cleveland warrants, 69s 9d. . New York Cotton Market. NEW YORK. May 20. Spot closed quiet. Middling uplands, 12.00c; do., gulf, 12.25c. Sales. 136 bales. Futures closed very steady. 1 pbint higher to 5 points lower. May, ll.oOo; June, ll.55o; July, 11.60c; August. 11.40c; September, 11.09c: Octobar, 11.02c: November, 11.01c; December, 11.03c; January, 10.99c; March, 11.07c. Dried Fruit a New York. NEW YORK, May 20. Evaporated apples, prunes and peaches, firm. BUSY SUEIHEB EXPEGTED Y. 5r. C. A. tE5tBERSlIIP GROWS BY IiKAPS AXD BOUNDS. Interest Brings Unusual Decision to Hold Xo Vacations in Either Day or Xight Schools. Activities about the Portland Young Men's Christian Association promise to keep up better this Summer than ever before. In every department there is unusual activity for this season. In dicating; that the association building is to be a busy- place during the hot weather months. In the physical department the activity is especially notable. Last year only the business men's gymna sium classes were maintained during the Summer, but this year practically all of tho sTmnasluui classes will re main in session. As a matter of fact these classes have been making; gains during the past few weeks, duo to the special Summer membership privileges. The business men's "gym" clauses were never more prosperous than at presenL Volley ball has been taken up and the enthusiasm over the game has developed into e craze. Every noon and evening it is played in the big gymnasium and attracts interest of spectators as well as players. A canoe trip from Salem to Portland on May 29 and a relay race between the same cities on June 7 are helping to keep up interest in the physical department. The educational department also will have an unusual Summer. All of the classes for which there is demand will remain In session without any inter mission. This means that practically all branches of both the day anTnight schools will have no vacation this year, although, of course, there will be some falling off in attendance. The religious werk department also is having1 a busy season. The lecture course of Dr. John H. Boyd will end next Saturday, but other religious work clubs and classes will meet regularly during the Summer. No thought has been given as yet to a discontinuance of the Sunday meetings, although there may be a brief period when they will not be held. "More than half as many men already have taken advantage of our special Summer memberships this year as did during all of last Summer." said W. B. Piatt, membership secretary. "It prom, ises to be a record season." Cherry Tree Grafting Successful. MONMOUTH. Or., May 20. (Special.) A. M. Arant, of this city, grafted three acres of seedling cherry trees with Royal Ann grafts two weeks ago. There were 383 trees 90- per cent of which grew. This is a very fine start, and those that have survived so far will probably grow to be healthy vigorous tre SPRING BELT IS IT Abundance of Moisture in Da kotas and Minnesota. J WEAKENS CHICAGO MARKET Wheat Prices at Close Are Down Hair Cent Selling Is of Influ ential Character World's Available Supply Reduced. OIIICAGO, May 20. Abundance of mois ture in the Dakotas and Minnesota took tne Snnp out of buying power today In the wheat pit. Although steady at the close, the market was c to 4c under last night. Ltest trading left corn varying from c off to 1-16C advance, oats down ... - ... 1.- aA nrm-iiilnns strung out from 10c decline to a gain of a shaae. Selling of wheat was of an Influential kind and developed considerable volume on all the swells. The best support was early in the day. A material reduction tn the world's available supply total furnished soma temporary additional helps to the bull "statements that in the Canadian North west wheat was nearly three weeks back ward In growth and was suffering from dry ness and cold failed to attract much no tice, the fine conditions on this side of the international boundary proving- decidedly more impressive. , , . Primary receipts of wheat today were 476,000 bushels; a year ago 860,000 bushels. Export clearances ot wheat and flour equaled 33S.O0O bushels. Notwithstanding heavier offerings from the countrv, the corn market was upheld by Iowa reports of delayed planting and probable slowness of shipments. Actual re ceipts here were scanty. Oats weakened In view of the more gen eral rams. . In provisions, longs realised on a moder ate advance. The result waa an easy feel ing at the close. Leading futures ranged as follows: WHEAT. Courteous Consideration and Efficient Service combined with that clement of personal attention so essential in all departments of Strictly Commercial Bant intr, is one of the rules to which this bank consistently adheres. Open. May 30. vi Julv . Sept. Deo. . . May juiy Sept. Dc. May July ... Sept. .. una. . .. .'J0 .50 -56 .f.7, .55 .89 .87 .bo .87 May July Sept. May July Sept. 20.02 19.S0 10.55 . -11.25 . .11.10 . .11.1-3 Hlffh. tO. 91 .as ' CORN. .57 .57 .C.' OAT3. -S8 .87 .Sols . PORK. 20.10 l'J.924 10.60 LARD. 11.80 11.10 11.13 RIBS. 11.S5 Low. SO.90 .8S .SS .90 .55 .58 .57 .55 - .88 74 -3t) .33 19.90 19.80 19.47 11.15 11.02 11.10 Close, $0.90 .ss .90 .56 .58 .57 .38 .41)3 .35 38 19.90 19.80 19.47 11.15 11.02 11.10 n oi n r. 11 T1 11. HO Eept. '.'.'.'.'.'.11.15 11.17 11.12 1L12 Cash prices were: Corn No. 2, 5757e; Ko. 2 white, 60 6&Slc; No. 2 yellow. 67&58o; No. 3, 67o; No. 8 white. 60o; No. S yellow, 6767o; No. 4. 56 c; No. 4 white, 69 c; No. 4 yel low, 56c Rye No. 2, 63c. Barley 43 6 8c. Timothy JS.SS'iSS.SS. Clover Nominal. European Grain Markets. LONDON, Way 20. Cargoes on passage, quiet and steady. English country markets, quint. - French country markets, quiet. LrVERPOOL, May 20. Wheat Spot, easier. Futures firm. May, 7s 6d; July, 7s 6d; October, 7s 3d. Minneapolis Grain Market. MINNEAPOLIS, May 20. Close Wheat May, 68o; July, b9o9c; September, UUCash-Io. 1, hard. 91c; No. 1, North ern. 9091c: No. 2, Northern. 880 89c; No. 2, hard, Montana, 91c; No. H, Wheat, 80lft87c. Flax 1.324. Barley laatiOc. Grains In San Francisco. S4.N FRANCISCO, May 20. Walla Walla, S16"4P165; red Russian, J1.60a1.82 ; Turkey red, $1.7301.77; bluestem, $1,753 1.80: feed barley, $1.471.50; brewing, SI 62 fl 1.55: white oats, 1.62 1.0o; bran. 27ij27.50; middlings, $3143)32; shorts, s9uj2tt.50. Call board Barley, firm. December, '$1.47; May not quoted. " Png-et Sound Wheat Markets. ' SEATTLfe, May 20. Wheat Bluestem, 99c: fortyfold, 90c; club, 89o; file, S9c; red Russian, '880. Vesierday's car receipts, wheat, 12: oats, 4; barley, 3; hay, 26: flour. 8; corn, J. TACOM4 May- 20. Wheat Bluestem, 99c; fortyfold, 90c: club, 89c; red fife, 68a Car receipts Wheat. 39; barley, 18; oats, 5; bay, 16. BIRD PROTECTION IS AIM Game Warden rinley Appointed on ' Committee to Prepare Zones. ' Formulation of the National code of and insectivorous birds; with, reference to the Paclflo coast zone, win do at tempted by officials of the three Coast states, at a meeting: to be held In Port land this Summer. This is the an nouncement brought back by State Game Warden Finley, who has returned from a conference with the game com missioners and prominent sportsmen In California, Letters from interested per sons In Washing-ton Indicate that the proposal Is approved there. On the last day of the regular ses sion of Congress last March, a bill be came a law, providing for a Federal code, to be drafted under the supervi sion, of a bureau of the Department of California. It will act concurrently with tho state regulations, but take lr,,, n n-Vi ava Hi... 1c a Conflict. IfiObCUDUkO , . ..... w v..w. " and Jurisdiction will lie in the Federal courts. Warden Finley has been ap nnintA on n. rnmmittefl to nrenaro the ground. The regulations will be appli cable to topograpnicaj. zuiies, auu breeding seasons, so that a biTd of a ...tain nlaaa mav ha rirnt ont Pi In One district at one time and in another at another as the conoiuons may require. BIG TRESTLE BEING BUILT Monnt Hood Railroad Company Completing Great Feat. - HOOD RIVER,- "Or.. May 20. (Spe cial.) The Mount Hood Railroad Com pany is Just completing a trestle, six hundred feet in length, on the exten sion of their road into the Lost Lake country. The trestle, which crosses a canyon Just south of the Oregon Lum ber Company's mill at bee, Is 32 feet high. The trestle is a link in the four miles of new road that will be opened before the Summer Is over. A Port land firm of contractors is busy grad ing a stretch of two miles of road further in-the timber land. The Oregon Lumber Company owns large tracts of timberland on the head waters of the West Fork of Hood River and the road probably will be extendedfurther and further each year toward Lost Lake. WOODBURN KILLS PLANS School District Will Not Be Bonded for $o0,000, Say 211 Votsrs. WOODBURN, OrTMay 20. (Special.) For the second time in two months the proposition to bond this school ilistrict far $30,000 with which,, ttr fcuJJd United States National Bank Resources Over Thirteen Millions Third and Oak These are two advantages to be regarded in selecting your bank. l'f xais DanK is siruaiea in tne very ACCeSSlble heart of Portland's business dis trict. It invites your account. . ...... Convenient end LUMBERMENS Rational BanR Fifth and Stark Streets Resources 7 Millions First Mationa S Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank West of tha Rocky Mountains eOEHTE nEST AOT WASmXaTCIT ST3. LADD STILTON BANK Capital Stock Established 1839. Burpius and Undivided Profit ..$1,000,000.09 1,000,000.0(1 Commercial and Savings Accounts Letters of credit, drafts and traveler checks issuedrvailabli la all parts of tho world. OBVIOKRa. W.JIa. President Robert 8. Rsx Asrt Cwhls Kdward Cooklnshsm. Vle-Pl J- W. Ladi AssL fashler. V. UCIrm icAilyrclil-iTW . Wsltox M. Coos. Asst. Clhla. THE BANK OF CALIFORNIA NATIONAL ASSOCIATION of San Francisco Founded 1864 rf, 1 Capital Paid In-.,.-. .-.,.-.,. ...... -W9?'22? Surplus and Undivided Profits .I..l.r.,...M.1.l.$8,050,061 - Commercial BanMng and Savings Departments PORTLAND OFFICE Third and Stark Streets tLH Ui- ij-uatu "r, was voted on here Saturday and was overwhelmingly aeieatea uy a. a.. ... .AO Tana Vi a tWA TTinnthfl R CTO the same question was submitted to the voters or tne district, m " " M turned down by a vote of 205 to 1S5.' MAZAMAS DISCUSS OUTING Kegistration for Trip to art. Adams Will Begin July 1. Plans for the 20th annual outing of .v. ris whiph will be held at Mt. Adams, August 2-17, were discussed at a meeting or tne ciuo ia.i mum. the offices of President Sheldon In the Chamber of Commerce building. Reg istration headquarters will be opened In th Portland Hotel on July 1 In charge of Eleanor O. Sheldon. Fifty people have aireaoy siffnea up for the outing, which assures Its suc- The outing committee has been reor ganized with Francis "W. Benefiel, chairman, and the following members: H H. Prouty, guide; Mrs. Eleanor G. Sheldon. Miss M. A. Fleming, W. C Yoran I E. Anderson ana jtuas ouise Almy. Parkdale Library nourishes. tt r f T TTTrT7T? Ar Mav 2fl. fSne- clal.) One of the most thriving of the branch libraries or. me nuuu TroUav id that 1 r.m I t,il at Park- dale in the Upper Valley. Although it has been established but a few rnonths.'the institution has more than "Aft .nlitmoa nf rinn ks that have been , u.u,vu donated by residents of -the commun ity. Two hundred volumes are nopi there by the county library. Other do nations of books have been promised the library, which will soon outgrow the corner of the schoolhouse that now i .. i . Tha rltizena of the UDDer Valley are planning on constructing a library nuiiaing-. Cow testlne associations In Germany have been established only since 1906. but control more than 112.000 cows. ins associations are Intended to increase the milk capacity of German cows. J.C WILSON&CO, STOCKS. EOXD8. Git A IX AND COTTO MXMBKS3 SEW Y0KK STOCK EXCHAXOB, KW TOKK COTTOM Ei CHANGS, CUICAUO BOiKU OF TKAUK, lHE SIOCK AND BOND ECHAXOT ' &CJ( BBJLSC13CO. P0ETLAJSD OFnCE: Lewis Building, 269 Oak Street. The Canadian Bonk of Commerce HEAD OFTICa Toronto, Canada. Established 1887 ii! general banking basinest transacted. Interest paid on ttme teposit. Letters of Credit and Travelers' Checks Issued. PORTLAND BRANCH, Corner Second and Stark Sts. F. C. MALPAS, Manager. Woodburn, Oregon, is laying 18 blocks of Bitulithic paving. The smaller cities up the valley are following larger cities' examples and laying paving for permanency. THE MOST EFFKCTIVK. QUASSIA CHIPS AT I-OW PRICE. .i . ...1 Otirt nnd nf niisiiia Logs from Japan and chipped in our fac tory. We also handle the best BUNGO Hul phur nd Wiiale Oil boap. FRANK MI TO MA CO., Hmi droum' Nimnllt!. rhone Mala 3X1. ludtpeudcnre. Or,