Morning Oregonian. (Portland, Or.) 1861-1937, March 20, 1914, Image 21

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Morning Oregonian., March 20, 1914, Page 21, Image 21

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Newspaper Page TextTTTE MORXTXO OREGOXTATS", FRIDAY, MARCH 20. 19t4. 21 IE I SELLING Farmers Cease to Offer and Dealers' Stocks Are Slim. DEMAND FROM SOUTH Trade AVitH Orient Is Not Stimulated by Reduction in Freights. Japan May Buy Later - in Season. The reduction in freights to the Orient haa in no vay stimulated the demand for wheat and shippers do not believe the cut will have any effect on the movement. It is questioned whether a further reduction of SO cents in the rates would help much. There has been some inquiry from Japan for wheat prices, but the Orientals show no indication of buying now. They loaded "up heavily with wheat tn January and Feb ruary, but it is not likely that the supply . trill last throughout the season, and ship pers believe the Japanese will be in the market again in April or May if the freight situation Is satisfactory. There was demand from California, but dealers had put little wheat to offer. Orders were filled, as far as possible, out of stocks in hand, and more could have been sold, but scpplies could not be obtained In the country. In fact, farmers have ceased en tirely to offer wheat, at either high or low prices. The trade In general is, therefore, of a most un satisfactory nature, for which the smallness of stocks in the Northwest is responsible. The market is firm In tone, but prices are more or less nominal. Trade was very quiet in the coarse cereals. Oats were quoted weak at $2X50. There i was almost no demand for barley and none ".was offered for sale. Iocal receipts. In cars, were reported ty the Merchants Exchange as follows: Wheat Barley Flour Oats IIa Monday 51 :i IS . 20 Tuesday t 1 1 12 V, li Wednesday . . S . . V 1 ." Thursday .... HI 4 :'. 4 10 Year apo H 4 4 To date 14.616 2TS0 14P.3 2'J7l Tear ago 1.T.U2S l$i0 1775 17 lObl KOKHIGX MOHAIR MARKETS BETTER. Spinners More Anxious to Buy Turkey and Cape Supplies. - Goat sheariug.is general throughout the Willamette Valley, and the clip is coming off In fine shape, according to reports re ceived here. Several small lots of hair have reached this city, but tho market Is not yet established. ; The Kantern mohair market is Inactive, as regards both domestic and Imported hair. Tory little of the Texas Fall clip is now left In the country, according to recent advices, .which state Mi at a large block was sold last week at -STi cents. Reporting on the for eign outlook, the Boston Commercial Bulle tin says: "Abroad the situation is somewhat im proved, according to latest accounts, yarn spinners appear to be better situated at the moment and there is more of a tendency to 'buy the raw material, especially for average Turkey and Cape firsts, which have been hitherto more or lets neglected. - "Constantinople advices report larger in quiry for stocks still left in that center and some business being accomplished at full recent quotations. Holders of hair at Con stantinople are very firm in their ideas of vaiue and refuse to make even fractional concessions. However, their attitudo may change a bit with the advent of the new -season. "-although stocks to be carried over will not be heavy. No news of moment is received from the Cape MILLS ARK BUYING I-KS8 WOOL Transfers of Old Clip Decrease as Price Advances. Sales of spot wool in Boston are decreas ing, according to advices received yesterday. Buyers ere holding back, because or higher prices asked. Not only have manufacturers been affected in their buying by the price advances re cently, but less reselling of foreign wool to dealers is now seeen. The strength in Lon don finds further reflection in the Ameri can market, both In domestic and foreign wools. Consequently the scoured basis of territory wool has advanced a number of points in the past fortnight, though this can only be figured nominally because of the scarcity of good supplies. -Fine staple is quoted on the scoured basis of S? to 68 cents; half-blood staple. 53 to 55 cents; - three-eighths-blood staple, 43 to 50 cents; -ejuarter-blood staple, 43 to 45 cents; cloth ing, choice fine, 53 to 53 cents, and aver age fine and fine medium, 48 to 51 cents. BUTTER SCrPLX - IS NOT LARGE Market Holding Firm, but Change Is Not s Far Distant. Butter is holding; firm and city creamery stocks are light. S3 the active local and shipping demand keeps the market cleaned up. Present conditions are not likely to last long, as the weather is favorable to an Increase in cream production. The egg market was steady at the old prices. Storing Is active and quotations are -not likely to change soon. There was a good demand for poultry of all kinds, especially chickens. The best bens sold at IS cents and broilers of good size readily brought SO cents. Dressed meats were unchanged in price. Pork was steady. Veal sales dragged. &TKAMER ORANGES IN' GOOD DEMAND Los Angeles Berries Due Thin Morning. Telephone Peas In Market. About 11 cars of oranges were unloaded from the steamer yesterday. There was a sood market on the street and prices were firm. A car of Florida grape fruit was re ceived. The first shipment of Los Angeles straw berries will arrive by express this morning. The initial lot will consist of only a few pony refrigerators. Car lot shipments should be on hand by the latter part of next week. The first Telephone peas were received from the South and sold at 12 cents. Early varieties brought S(&9 cents. As paragus was firm at ?a a box for white and .50 for green. California rhubarb offered at ?2 a box and local at 6 cents a pound. California Hop Contracts Firm. Much bearish talk is heard In the hop market these days and this Is usually an indication that the dealers want to buy. Many of them are working on limits which will not permit them to pay the top prices lately paid, but the market has been es tablished at the IR-cent level, and efforts to buy under this figure are not successful, except w here the usual discount la made for lower quality. A firmer contract market exists in Cali fornia, where the Goldridge Development Company yesterday sold 300 bales of 1311 Sonomas at 13 U cents. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: Clearings. Balances. Portland . ,. 2.0U4.ru:! f4:;,4. Keattle U.lol.otM Wzmma Tacoma ol4,7'J6 tttt.814 Spokane . , S8o,7tl- l'bltti74 Good Kantern Market for Apple. Mail advices from New York say of tli trade In Western apples:. "Box apple receipts have been plentiful. There Is a growing demand for apples in this smaller package, and the trade hac taken hold with a vim. Prices generally were from 5 to 15 cents above last week's range on alt grades and varieties," PORTLAND MARKET QUOTATIONS. Grain. Flear, Feed. Kte. WHEAT Track prices: . CIcb, 9091c; bluestem, 09c&Sl.Q0; forty-fold, $l9c; red Russian, 90c, valley. He. OATS No. 1 white, milling. $23.50 per ton. - FLOUR Patents. 4. So per barrel; straights. $4.u; export. 5.1. SO: vr'.ley, 54. bO. graham. f.o; whole wheat. So. CORN Whole, (33.50084; cracked. 14.50 (35 per ton. BARLEY Feed. $'2222.5Q per ton; brew. Ing. $2Stf23.50; rolled. 25. HAT No. 1 Eastern Oregon timothy, $17; mixed timothy. $14; alfalfa, (14; valley grain hay, $12&Vi.oO. M1LXKEED Bran, SliS per ton; shorts, $i; middlings, S3 1. Fruits and Vegetables. Local Jobbing quotations: TROPICAL FRUITS Oranges, navels, $2(2.50 per box; lemons, $3.75$ 4.50 per box; pineapples, 6c per pound; bananas, Ahs per pound; tangerines. $L75 per box; grape fruit, California. $3.50; Florida, per box. VEGETABLES Cauliflower, $2.25 per crate; cucumbers, $1.7 off 2 per dozen; egg plant, 25c par pound; peppers, 20c per pound; radishes, 2535c per dozen; bead lettuce. $2.50 per crate; garlic, 15c per pound . sproa ts. 10 lie per pound ; arti chokes, $1.25 per dozen; celery, $4.50 crate; tomatoes, $4.50 per crate; aochouse lettuce, 50$t75c per box; spinach, 80c per crate; horseradish, 8 10c; rhubarb, $2.00 per box; cabbage, 'Z c per pound ; asparagus $2 2.50 per crate; peas, 8&yl2feo per pound. - GREEN FRUIT Apples, $12.50 per box; era pea. Malagas, $7.6008 per keg; Em perors, $4 per keg; cranberries, $12912.50 per barrel; pears, sifipL&o. ONIONd Old. $3.50 per sack; buying price, $3 per sack at shipping points. POTATOES Oregon. 75c per hundred; buying prices, 40 fa 50c at shipping points; sweet potatoes, $2.502.75 per crate; new California, sc per pound. HACK VEGETABLES TurniDs. T5c: car- lots, boc; parsnips, 80c; beets, 85c. Dairy and Country Produce. Local jobbing quotations: EGGS Fresh Oregon ranch. lSM&ln per doaen. POULTRY Hens, 17Va18c; broilers, -27 &oOc: turkeys, live. 1!) ft 20c; dressed. choice, 2oti'20c: ducks, 13 17c; geese, 10& He. CHEESE Oregon triplets, Zlc; Daisies, nominal; Young America, nominal. iiUiiifiK creamery prints, extra. tf 20c per pound; cubes, 13 24c. PORK I ancy, 10 ft 1 0 c per pound. YEAL Fancy, 14t14c per pound. Staple Groceries. Local jobbing Quotations: SALMON Columbia River, one-pound tails, $2.25 per dosen; half-pound flats. $140; one-pound flats, $2.45; Alaska, pink, one-pound tails, 85c; silvcrsldes. one-pound tails, $1.25. HONEY Choice. $ 3. ."V 7 5 per case. NUTS Walnuta, 14930c per pound; Brasii nuts. 20c; filberts1491&c; almonds, 192Sc; peanuts, tiUfttM-c; cocoa nuts. $1 per dozen ; chestnuts, b 10c per pound; pecans, 14 15c. BEANS fcimiill white, 5e; Urge white. t.OOc; Lima. OV-jc: pink. 4&c; Mexican. 5c; bayou, HVjC. SUGAR Fruit and berry- $4.60; Henolulu plantation. $4.60; beet, 940; extra C, $4.10; powdered, in barrels, $4.63. COFFEE Roasted, in drums. 10 32c per pound. SALT Granulated. $15 per ton: half gruunti. 100s. $10.75 per ton; 5us. $11.50 per ton; dairy, $14 per ton. RICE No. 1 Japan, 4 '4 C.c; Southern head. ttHIc: Island. 5&5Hc- DRIED FRUITS Apples. 10c per pound; apricots, I214c; peaches. 8&llc; prunes, Italians, 8 10c; currants, e; raisins, loose. Muscatel, aSi7c; bleached Thomp son, HVc: unbleached Sultanas, 6c; seed, ed, 9c; dates. Persian. 17 hie per pound; fard, $1.40 per box. FIGS Package, 6 oa., 50 to box, $1.85; package, 10 ox.. 12 to box. 80c; white, 25-lb. box, $1.75; black, 25-lb. box., $1.75; black, 50 -lb. box. $60; black, 10-lb. box, $L15; Calarab candy figs. 2u-lb. box. 58. Smyrna, per box $1.50. Pre visions. HAMS 10 to 12-pound, 18HlHc; 12 to 14-pound. lSH&29c; 14 to 38-pound. Jtf 10' c; skinned, lS19c; picnic, 13c; boiled, 20c. BACON Fancy, 26 fly 27 c ; standard. 21 'a cd 2d &c. DR Y SALT CURE 15 Short clear backs. 33 H &ltie; exports. ISjUB'c; strips. 169 17HC. LARD Tierce basis: Pure; 1218Hc; compound. 10c. Hops, Wool and Hides. HOPS 1013 crop, prime and 'choice, 17 ; ISc: 1014 cuntructfi, 15c PELTS Dry, 10c; dry short wool. 7c: dry shearings, 10c; green shearings. 10c; Halted lights, 606 75c; salted heavy. 75900c HIDES Salted hides, 12 Vk c per pound ; salt kip. 13c: salted calf. 17c; green hides, HHc; dry hides, 23c; dry calf, 25c; salted bulls, 8c per pound; green bulls, 7c WOOL. Valley. HtflSc; Eastern Oregon. 12 ro 17e. MOHAIR 1018 clip. 26927e per pound. -CAriCARA BARK Old and new. Go per pound. GRAIN BAGS' In car lots. Sc UNDERTONE IS Hi Stock Market Indicates Sold Out Condition. DEADLOCK AMONG LEADERS CATTLE MARKET GOOD I'RIMK STKF.KS SKI. I- AT S AT -NORTH PORTLAND. Hues Moving .Well at Unchanged Priors Shorn Limba Bring 90.25 OH Cars. There was a light run of stock at North Portland yesterday. Prices were main tained well throughout tho list Four loads of prime steers were sold at $S anti thinner ofterings brought JT.tio and $7.40. Not much was available in the way of butcher cattle. . v Hosts sold at the prevailing rango of prices, top grade lightweights bringing $S.8o and smooth heavy hogs $7.$o. The only sale in the sheephouse was a load of shorn lambs, which brought $6.25, weighed off the cars. Receipts were 1:19 cattle, 354 hogs and 230 sheep. Shippers were: M. J. Sevier, Silver Bow, Mont.. 4 cars cattle; J. W. Wattembyer, Kcho, J car cattle; Sundial Ranch Com pany, Troutdalc, 1 car cattle; Will Block, tcho. 1 car hogs: Tatton Overton, Hal ay, X car hogs; Farmers' Warehouse Com pany, Redmond, 1 car hogs: U. 1I. Hllde brand, Condon, 1 car hogs; Kidwell & Cas well, Troutdale, 1 car sheep. The day's sales were as follows: Wt.Prlce.l Wt.Pricc. 20 steers .. Oil" ? 7.5 T steers .. 30 s 7.00 1 cow .... I' 10 5.00 300 lambs .. ti" S hogs ... U0 7.50 VI steers ...lOotf 7.40 1 hog ... 100 S.2.', Usteers . . 1OO0.J7.40 4 hogs ... 110 S."J5 1 steer ... 4KH 0.75 13 bogs ... ll'J 25 1 bull WU0 4.75 a hogs ... 317 S.10 2 steers . .lotfu S.oo 1 hog .... 42) 7.S5I 24 steers -.1125 S.OO 41 hogs ... 15S 8&i 24 steers ..1104 S.OO 0 bogs ... 13IS 21 steers ..1144 ." VI bogs ... 171 b.&5, 24 steers ..lluo b.OQ Current local quotations on the various classes of livestock follow: l'rim-j steers $7.50 SJ $8.15 Choice steers 7.30 & 7.50 Medium steers 7.01' 4o 7.35 Jnoice -cows ................... tf.25v 7.00 Medium cows 6.00 0 Heifers 6.00jl 7.S5 Light calves 8.00 "V 9.00 Heavy calves 6.00 4 7. Si) Bulls 4.06 i 5.61 jtags 6.00 qj 7.00 Hogs , f.lght .. K.O0W 8.85 Heavy .- 7.00j 7.85 Sheep Wethers 6.00 W a25 Ewn .1.50 ft.10 Umlis 5.00 J.O0 Omaha Livestock Market. SOUTH OMAHA. JJob.. March li. Hogs Receipts 7200; market higher. Heavy, S.50 18.71"; lights. !.35'w8.So; pigs. 0.50&1.!!6: bulk of Siiles. 8.504t 05. . Cattle Receipts 1SO0; market steady. Na tive steers, .7.50G3'S.So: cows and heifers. $&254J7.00; Western steers, $6.50ti8.25: Texas steers, 6f'i 7.05; cows and heifers, S.V7:.ui:: rnlvps. 7tia'U.50. Sheep Keceipts lo,0oo; market Fteady. j leanings, o. it; v v-0" "ciucia, v-. " v lambs. 7 &7.70. C'hieago Livestock Market. CHICAGO, March IV. Hogs Receipts 18.000; market strong, 5c to luc higher. Bulk of sales. S.70..i S.SO; light. S.sJJj: mixed, JS.0OJ1 S.S7 Vi : heavy. ;8.35p S.S5; rough, Jl.35 S.50; pigs 7g'8.65. Cattle Keceipts 35O0; market steady to strong. Beeves, $7$j:0.55; Texas steers, 7.15(Sis.lu; Western steers, t.8S&S-10; stoi-kers and feeeders, $5.:58.10; cows and heifers, $3.75 !.5; calves, 0J0. Sheep Keceipts 15,000; - market strong. Native, 4.75 f 0..15; Western, e4.909 (MO; yearlings, $5.80r7: lambs, native. 5ti75y 7.5; Western, eO.75-7.85. Hnp at New York. NEW YOHK, March la. Hops (juiet- Stubborn Resistance Shown to Un favorable Developments of Daj. Lehigli Valley Strong in F;tce of Anti-Trust Suit. XEW YORK, March 1. Soeculatlon ap proached a deadlock today among the stocks whose movements usually determine tne character of the market. The leading shares showed no improvement, vibrating through out the session, and the must that could be said was that there was a consistently good undertone. Amomr the sneeialtles fluctuations were wider. The Tobacco stocks. Fertilizer and Oil shares advanced sharply, but the move ment .was by no means uniform. Express stocks and some of lower priced railroad shares were weak. The influences of the day for the most part were of unfavorable nature and the resistance of the list to their force sup ported opinion that the market had reached a sold-out condition. Piling of the anti trust suit a-rainst Lehigh Valley after the close yesterday was without effect on the anthracite group. Lehigh Valley, in fact, was strongest o'f the active stocks. The Government's action apparently had been discounted in the late decline yesterday. Liquidation in Rock Island was resumed, and new low prices were made for tho col lateral bonds and both issues of stock. In dustrials were indifferent to depressing re ports from the trade. In the bond market movements were ir regular. Rock Island collaterals recovered after reaching 87. Selling of these bonds was due to fears of a default in the May interest payment, the usual March dividend not having ben declared thus far on tbe stock underlying these bonds. Total sales of bonds. $2.7iO.on. rnited States is de clined S, to 9S on call, but were quoted later at 9S',i bM. CLOSING STOCI QI'OTATIONS. Reoorted by J. C. Wilson & Co., Lewis building, Portland. Closing rsies. xiigu. j.ow. diu. Amal Copper .. 27,000 75 Vj 75 ' 7."', Am Beet Sugar. 20 2:!Vi 22',j 22 Va Am Can Co ."' :i do preferred.. in 2Vi 92 2', Am Car & Fdy- f.oo 51 51 Va 51Vi Am Cotton Oil. l.Ono 4fl 44 i . Am Smel Ref z.ooo e?i :i- do preferred.. 10214 Am Sugar 100 101 101 H 1I do preferred.. . Am Tel Tel.. 2.P0O 12S4 '-' Am Tobacco ... 2.400 2.-!4 2.10 254 li Anaconda 5C0 35 "4 Sj?i Atl Coast Line A T & Santa Fe . 200 S714 7H P do preferred 10fli Bait & Ohio ... l.ROn sn Rn'4 89'. Brook R Tran.. 400 92 "i 02' 02 . Canadian Pac .. 2.9rto 207'ii 20, 2l)( C & O 1,400 5.19i 53 &3 . C & G W 1'Ta C ft N Yf -I' r. M & St Paul. 10 9S"i l8 fS-i Central Leather 900 S3 M -i-ttt Central of A J Chlno. 800 42 41 4 1 Col Fuel V Iron 300 32ij b.'A o-n Col Southern 2J Connol Gas la D L & W ' BH t & R G 114 Distilling Secur. 784 Erie .. 1.000 23 2S 28'4 General Elen ..... 14T Ot North Ore .. 200 Sliii 3"i Sfl Gt North pf ... 1,000, 127 127V. 127 Illinois Central. 300 Interboro Metro 200 14 . 14 14-), di preferred Inter Harvester . 104ii K C Southern .. 2i' -' - - I.ehich Valley .. 8.700 14Gii 145'i 14 7,ouis & Nash l.1 Mexican Central... .lJi M S P & S S M 300 120 123 124" Mo, Kan i Tex. 200 17'- 17 17 Mo Pacific 900 24 23 2.1 Ts National Lead - .J?,. Xat Biscuit iS!"4 . do nrevcrei3 -. - N V Central ... 2.400 91 91 l r? Y. Ont i Wes -7.1.. Norfolk & West. TOO ll'.i'i in- Jfi Northern Fac .. 700 112 112', 112' Pacific Mail ??? Pennsylvania ... 400 11H4 110"i 1 m People's Gas - J-1! Readlns . 10.400 1 64 10 104 Republic S & L. ..0 2.i'.i - Rock Islanrico. a"' "- Southern Pac .. 1.500 9I'4 94',i 94, Southern Ry ... !00 2514 2.7 U Texas Oil 400 15S14 13iT !"' United Rds S V 20 U S Steel Cor.. ll.SOO FA " 4'i do preferred.. 300 110 110 10 Utah Copper ... 000 55 54i 54 Wabash Western Union.. 900 6:: 3 63 Total sales for the day, nu.uou snares. BONDS. Reported bv Overheck & Cooke Co., Board of Trade building, Portland. Bid. Asked. Atchison General 4s 05(4 !M At Coast Line. 1st 4sii 93 9314 B & O Gold 4s 93 9i B R T 4S 91 92 Ches & O 4 "is 94 V 01 '.t r M ft St P Gen 4s 102 'a 13 California Gas 5s 94 94'., C B Q Joint 4s 97 97 54 Erie General 4s 74 74 lnt Met 4VsS 77 77Vi I,oulsvilIe & Nash TJn 4s 94 'Jo Missouri pacific 4s & 57 NYC Gin 3V:S 82 82'A N & W 1st Con 4s 94 Northern Pacific 4s 94 9j Oregon Short Line Ref 4s 91 91 Oregon Ky Xav 4s 90 H i 92 Pac Tel 5s 97 93 Pennsylvania Con 4s 10 Hi Reading Gen 4s 95 95 St L At San Fran Ref 4s 7,!i it So Pac Ref 4s 92 92 V4 S P Col 4S 90 9114 So Ry 5s lo5!4 105 So Ry -is 74 Vt il'i t'n Ry Inv 4s 0 Un Pac 1st and Ref 4s 93 '4 93'- 1T s Steel 5s 102 102 West Shore 4s 93 is 93 Wabash 4s 55 6 Westinghouse Elec cv 5s 94 95 Wisconsin Central 4s 881 87 1 United States is registered 9S 09 United States 2s coupon 9S 99 United States 3s registered 102 303 Naval Stores. SAVANNAH, Ga., March 19. Turpentine, firm, 46'o.c; sales, 73; receipts, 293; ship ments. 12; stocks, 13,001. Rosin Firm, sales, 9&9; receipts, 1345; shipments, none; stocks, 117.241. Quote: A. B. (3.90 to S3.85; C, D, $3.90 to 3.9714: The Canadian Bank of Commerce HEAD OFFICE Toronto, Canada. Established 1867. A general banking business transacted. Interest paid en time deposits Letters of Credit rnd Travelers' Checks Issued. PORTLAND BRANCH, Corner Second and Stark Sta. F. C. MALPAS, Manager. STEAMSHIP Sails Direct for SAN FRANCISCO, LOS ANGELES AND SAN DIEGO Tomorrow SAN FRANCISCO. PORTLAND & LOS ANGELES STEAMSHIP CO. FRANK BOLL AM, Agent 12 4 Third Street. A Main NEW LOAN Free From Normal Federal Income Tax $700,000 Willamette Valley Southern Railway Company First Mortgage 6 Gold Bonds ! Guaranteed Principal, Interest and Sinking Fund T ?- by the PORTLAND RAILWAY, LIGHT AND POWER COMPANY Dated February 2, 1914. Due February 1, 1939. Callable at 103 on any Interest Date by 60 days' advance notice. Coupon bonds of $100, $500 and $1000 with privilege of registration as to princi pal. Principal and semi annual interest payable in Portland, Chicago and New York. CONTINENTAL & COMMERCIAL TRUST & SAYINGS BANK, CHICAGO, TRUSTEE The Willamette Valley Southern Railway Company is constructing a high-grade standard interurban railway from Oregon City to Mount Angel, a distance of 32 miles, connecting at Oregon City with the Portland Railway, Light & Power Com pany system, giving a through line from Portland to Mount Angel. The Willamette Valley Southern Railway Company is controlled by and will be operated under supervision of the Fortland Railway, Light & Power Company. This new line taps a very rich section of the Willamette Valley and will unquestionably develop through future extensions into one of the' most important interurban sys tems radiating out of Portland. We consider these bonds an eminently attractive investment, secured by direct first mortgage on. an important connection of one of the largest and strongest well established public service corporations of the . Pacific Northwest and representing 65 only of the actual reproduction value of the property mortgaged. . V HAVING ALREADY PLACED A VERY SUBSTANTLL PORTION OF THIS ISSUE, WE OFFER THE UNSOLD BALANCE, SUBJECT TO PRIOR SALE AND ADVANCE IN PRICE WITHOUT NOTICE. WE WILL BE PLEASED TO FUR NISH DESCRIPTIVE CIRCULAR, CONTAINING DETAILED INFORMATION, i'RICE, ETC., UPON REQUEST. MORRIS BROTHERS Railway Exchange Building' ' " Portland TRAVELERS GrtDK. HAMBURG A, AMERICAN largest SS.Cb in flic WORLD Over 442 Ships ,417,710 T02TS r,i Ti E. S.5 to 4.00: F. 11.00 to 4.06: G. M0u to J4.07H: H, 4.10; I. $4-12 to M.23; K. S4.40; M, $4.40; N. 4.75; WQ, 5.8o; WW. 6.J0. Money, Kxchanar. Etc t . . ri t ' VI - 1 'I i ' a 1 1 moner I . V 1 ... u . . - Fteady, 1T4P 2 p?r cent; ruling rate, 2 per cent; clMln bid, 12 pr eot. Time loans, son; nv uj, -nv- i) n., 00 days. per cent; six months. iVi per cent. Mercantile paper, 44V4 per cent. ut.Hln. ovfhsnire. easv : (M) days. S4.S460; demmxl. $4.&mo. comniercial Dins, .oo-at. Bar sliver, SSo. Mexican dollars, 43 ic. I Government bonds, heavy ; railroad bonus. Irregular. LONDON. March 19. Bar silver quiet. Stto. Money, Short bills, 214; three months. 2 1-1 W SAN" FnANCISCO. March 19. Silver bars. S8c. Mexican dollars, nominal. Drafts, sight 3c, telegraph 6c Sterling In London, tiO days, 4.4S!i ; do. light, $1.86. Metal Market. xiir.tx.' T-nnK" Muvh 19. Lead. auict. 3.956 4.05c; London, 19 10s. Spelter, steady, O.SaJfS.snc: ionaon, tsi 10s. Copper, steady. Standard spot and May, i:!.52Vs14.r.7itc: electrolytic, 14.u0o; lake, irc; casting, 14.25c. Tin, quiot. Spot, 38.0o38.i3c: June. 3S.30oa.55c Antimony, dull. Cookson's, 7.25c. Iron, firm. No. 1 Northern. g1616; No. 2 Northern, f 1 4. 73 15. 75; No. I Southern, ftSSilS.SO; No. 2 Southern, S14.G0913. SAN) 1K1MISC9 l'RODUt'K MARKET ITfces Quoted at the Bar City on Fruits, Vesetablcs, Etc SAN mANCISCO. Marchl9. Fruit PineappIeH. $1.302.23; apples. Newtowa Pippins. $1.502: Hoover, 1.251.50; No. 3, ti'Jcfctl; Mexican limes, 3.5U6; Cali fornia lemons. $23.30. Potatoes Ktver Burhank, 80c4i'1.2-""; Oregon Burbanks, 85c5fTI.23; sweets, 1.2o ft' 1.75. Vegetables Cucumbers, hothouse, $1 1.50: green peas. 3&3V&c: string beans, 10c; eggplant, nominal. H utter Fancy creamery, 23',e; seconds. 22 !5c. ?ggs Fancy ranch. 21c; store, 18tee. Cheese New, 1316c; Young Americas, lS10c Receipts Flour, 1164 quarters; barley, 30R3 centals; potatoes, 41S0 sacks: hay, 231 tons. Cotton seed Production. WASHINGTON, March 1. The Census Bureau reported today 4.753.305 tons of cot- THE UNITED STATES NATIONAL BANK PORTLAND, OREGON UNITED STATES DEPOSITORY Capital .... $1,000,000 Surplus .... $1,000,000 OFFICERS J. C AIJTSWORTH, President. R. LKA BAR.NES, Vtce-PrealdraC W. A. HOLT, Aasrt. Caahlt. A. M. WRIGHT. AJMt. Caaklcr. R. W. gCRMBEB. CaatUcr. P. 8. TJIck, Asst. Cashier. First National Bank Capital $1,500,000 Surplus $1,000,000 Oldest National Bank We3t of the Hociy Mountains CORNER FIRST AND WASHINGTON &TS. LADD & TIL FON BANK Established 1859 Capital and Surplus $2,000,000 Commercial and Savings Deposits tonseed had been crushed from the 1013 cot ton crop, and 023,011) running bales of linter cotton had been obtained. These figures compare with 4,.'79,508 tons of seed crushed from the 1912 crop snd 4.921.073 from the lull crop, and 60,324 running bales ot lin ter cotton obtained from tho 1912 crop and 502,276 from the 1011 crop. Cotton Market. NEW YORK, March 19. Spot cotton, stead'. Middling uplands, 13.25c; do. gulf, lS.Scic. I The Best Way I A c h e c k book is easier to carry than a wallet or purse filled with currencj-, silver or gold. And it is a much safer method of han dling personal finances. Are you in a position to write a check? That ability counts for much more than the mere convenience of the checks themselves, which in itself is very great. SECURITY SAYINGS & TRUST COMPANY Fifth and Morrison Streets Capital and Surplus $1,400,000 J. C. WILSON & CO. 6TOCK8. BONOS. ORAIN AND COTTON. MEHBEK8 KKW YORK STOCK KXCHANOE, CIHCAOO BOARD OF TRADE. SBW YORK COTTON EXCHANGE, THE STOCK AN II ItOND KXCUANUK. SAX FRANCISCO. PORTLAND OFFICE: Lewis Building, 269 Oak Street. Phones Marshal S858. A 4187. TRAVELERS tiClDB. American-Hawaiian S. S. Co. Tetanantepec Itoote. PORTLAND KEW YORK Fit 10 I li HT CEItVICE REttlEST OAlIji.VUS LOW RATES SCHEDULE TIME. C. O. KEWEIIV, Agent. 37U stark Street. COOS BAY LINE STEAMSHIP BREAKWATER. Sails from Ainsworth Lock, e. A. M Wednesday. Mar. ia 25; Apr. 1. 8. 15. 2-'. Tuesday, Apr. &. Freight received until NOON dav previous to sailing. Passenger Fare: First Class, $10; Second Class Imeu only). $7. Including berth and meals. Office; Lower Ainsworth Dock. Portland & Coos Fay S. S. Lin?. L. H. Keating. Agent. Phones Main 8600; A 23S2. S. 8. BEAR ror SAN FRANCISCO LOS ANGELES 4 r. M., Starch 23. Tbe San rranctsro & I'urtland S.S. t'o Id and Washington sta. (with 0.-W. R. JL Co.) XcL Marshall sjOu. A tiUl. GOING OB COMING TRAVEL BV World's Largest Steamsbips "IMPERATOR" (81 (ret- l.OOO Tisul Aril ,lrfe May lii. itly l.S. Jure B. Aticiol I!?, and regularly thereafter. "VATERLAND" S& feet 38.U00 Tens) Juae Itf. AuKn 1 July 7, Ausut and regularly tbercaftcr. LONDON, PARIS, HAMBURG od tho An.rrif.il !:ir. 20, Jo' A. l. Vrra. iran( Mn 28, J I A.M. l'rMW-Uiiols iril 2, i'.L Kiwrin An;. tir..Airil 9, 0 A.l. I'rtta. lauclu. . . .Auril J I, 12 nMu 82 J cabin only, t Hamburg direct. MEDITERRANEAN. Madeira, (iibraltar, Algiers. Naples. Ucnon. H. S. Hamburg. .. .April 4. 3 1".M. N. Moltkr. . ....April 1. 3 l'.M s. S. Hamburg. ..May l. S I'. M. S. S. Moltke June 3. 3 P..M. Will uut call at Madeira or Algiers. CRUISES to the Land of the Midnight Sun Srotlan!. Qrfcnev nnd Karu 1 lands, Iceland, Spitsbergen. oIlll Cai-t. Norway. ITIOH HAMBl Ht; furring JUNE. Jl'LT Bnil.M ilITT Victoria l.plwe." "Kronprinzcwia C'etille" and "Meteor." II to 28 DAYS J6S.30 VP Write for Booklet. HAMBURG-AMERICAN LINE i 200 Stock tou st., San Fran cisco. t"al. eoutliern Paclllc Co., SO 6th st., o.-w. k. at N. Ca. No. pacitic. u. R. U.. Burlington Route. Milwaukee & Puget Sound R. jt. Nortiu r.y.. L o r s y B. Smith, oil & Yah. sts.. Portland Or. LLOYD London Paris Bremen tK. Wilhelm der Grosse-Mar. SI , BurlariHa April S Kaiser Wilhelm II M-I 7 t'Sexllits April Kronprinr. Wilhelm. ... April II George Washington April Iff Sails at 1 A. M. Carries on cabin (II) only tCairies no I or (II) cabin CCarries (II and (III cabin JBremen direct. BaUlinore-Bremen direct. One cabin II) Wednesdays. Bailings on SATURDAY fur The Mediterranean Primes Irene. Kueoig Albert.. .Mar. 8 .April II The North German I.loyd landed more pasaenxero, 1 irt Cabin. 8ernd Cabin and Steerago tn the iiort of New York during 1914 thtta any other liae, reueating Its marvelous record of 191X. Through rates from Egypt, India New York to FAR EAST and hOLTH AMERICA via Europe. Independent Trips. AKOV.ND First-class WORLD throughout fO-'O.Co a L'p Travel rra checks Good Ail Over the World. OELRK'illi CO., Gen. Agfa, a Broadway, V. V. Robert Capcllo. G. A. P ';0 Powell St.. D'iar Francis Hotel and (Jea St.. ban Francisco, local agents. mi Steamer Service STKAJIKK HASSALO Leaves Pnitland. Ash-atroel Ltck. dailv. except Saturday, at S:0D P. M. Arrives Astoria. SiUU A. M. I.'eiives Astoria daily, except Sundav,tat 8:00 A. &!. Arrives Portland. 5:00 I. M. Malse reservations Asli-street Dock or City Ticket Olficu. Third and Wasliington. Phones Marshall 4000, A 612L r ' : . A?U SAX D14JK.O. ROANOKE WKDNBStAV. MARCH 25. COOS BAY AND EUREKA S. S. ALLIANCE fcl"NDAY.MAKCIl Si. NORTH PACIFIC STKAMSUIP CO. Ticket Olfh-e, .1 Freight Olflca, 122A 3d St. I Columbia Dock. 1 Main lili. A 1S14 U Main 6:03. A EJ Jt r DAYS FROM I I 7 SMI FUNU:C3 aUSTR A L i A WEATHER FINE SAMOA AND SHORTEST L1HE SOUTH SEAS QUICKEST TIME Splendid steimers.I.loyds100Al.Oa0C0tondisuU)of Eydnsy Short Una sailio erery twcjteVj. S110HGK0LULU SSgZ!&) SYDNEY $33D Sound trip, second d SYOHtV S200. Vsrious tours ! Juding Jtva, China. Jtpin and Rounfl ih World. Senu lor (older. OCEANIC S-i 0- 7JMirkrt8USAH FRAMCISC