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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (April 1, 1914)
In., l TIIK 31QR.MXG OREGONIAX, WEDNESDAY, APltlX 1, 1914. TOP PRICES ARE PAID Club Wheat Sells at Highest Level of Season. TRADING IS NOT LARGE I-ocal Market Not Affot-ted in Slump in Kut California Is Xow Leading Outlet for North western Grain. jMthoujfh the Eastern -wheat markets were farther depressed jt-sterday by reason of the k lowing- prospects for the. Winter crop, . hicfa was also reflected In Europe by easier markets, there was no loss of strength In the situation here. Xot only were hold ers as strong as ever in their views, but some of the buyers also showed a disposi tion to come up - to the ideas of sellers. As a consequence, the highest prices of the season were paid for club wheat. In the local market dealers quoted 92 to 93 cents, ' while in the country some business was done in small lots as high as 94 cents. - Even blues tern, which for some time bas been lagging behind, displayed firmness and eales were maden & limited way at $1.01, The trading is, largely for account of millers at tidewater, and In the interior. A good demand from California is expected this month. There was no rush of buying !n that quarter in March, but shipments on previous purchases were heavy. In fact ail the wheat that went out of this port was taken by Southern millers. The shipments to California in March were 6R4.07G bushels from Portland and 64.877 bushels from Cali fornia. For the season to date 6,932,640 bushels of wit eat have gone to California from Northern ports, and the flour move ment has equalled nearly 500.000 bushels more. There is little doubt that California in the next three months will take as much wheat as In the past three months. The demand from other quarters for wheat is slack, but so small is the avail able supply that a continued firm market seems assured. The Xorthwest so far this season has sent out over 32,000,000 bushels. In discussing the European wheat situa- - tion Broomhall says in hia weekly inter national review: "Trip demand has been small and world' shipments ample for requirements, but the season's purchases make a good showing, with Continental taking on a liberal scale, and promise to moderately excel my pre vious estimate. Germany is shaping rather better as a buyer. During the week five large Australian steamers have been dt verted to Continental ports. Although -the present crop outlook is good everywhere, still during April there are generally crop scares, and this has been true during the past few years, and with one exception the market has always advanced. Kussia is shipping enough to take care of the urgent demand, but with the failure in Argentina practically no help expected from India and an expected sharp falling off in Au stralian will necessitate larger Russian con tributions and free movement from Amer- lea as the season progresses." Very little business is passing in the local oats or barley markets. Dealers estimate there are still 40,000 tons of barley left in the Xorthwest, and allowing for 15,000 tons to be used as feed during the remainder of the season they figure out a 25,000-ton surplus to go into the new -crop year. Grain receipts in cars In March of thiB and last year were as follows: Wheat Barley Flour Oats Hay 1914 974 119 284 S4 248 1913 1001 108 319 132. 2S7 Local receipts in cars for the week and season were reported by the Merchants Ex change as follows: "Wheat Barley Flour Oats Hay Monday. V. . . 34 3 10 3 9 Tuesday..... 3ti 8 11 2. & Year ago 27 1 11 4 j:; Season to date 1481 2228 2280 1462 233 Tear ago 15206 1920 1902 1384 1743 EGO MOVEMENT IS NOT SO LIVELY Prices Are Shaded When Speculators With draw From Market. EffS dealers were inclined to .consider the market as somewhat weaker yester day. Storage buying was not so active as heretofore, and shipping orders from the Xorth also ceased, at least temporarily. Several Front street houses, for the first time in a fortnight, were unable to clean up the day's receipts, even though 'they haded their asking price to IS V cents. Poultry receipts showed a moderate in crease, but everything cleaned up at firm prices. Dressed meats were steady. There was no change in the butter sit uation. The daily local make is worked off without difficulty, and prices are ateadyt A better supply of cheese was expected by this date, but as the Tillamook boats are bar-bound. It wiJI probably be the end of the week before there are fresh arrivals. "With the receipts of the next shipment. It is likely the market win decline a cent. A m r.ry s r -kv southern truck. Several Cars f Vegetables Arrive From California. The street was well supplied with veg etables of all kinds yesterday. Among the receipts were a straight car each of peas. Northern California cabbage, lettuce and sweet potatoes, and a mixed car of aspara gus and peas. : The sweet potatoes were fancy and were quoted higher at J-.75-Asparagus and peas were firm and un changed. The cabbage oStered at 2 V cents. No strawberries arrived from Southern California. Owing to rains in that section, berry shipments are uncertain. The move ment from Northern California is now under -way. The first lot of Florin ber ries reached Portland last Friday. There were six cmtes of them from the Florin Fruit Exchansc. which were equally di vided between the Pearson-Page Company and Page & Sun. The berries sold at a crate of -0 pints. This will be the stand ard package of California berries this season. Kxtitfiuent in Lima Bean Trade. Excitement in the California lima bean market continues to run high. Offerings for Coiist shipment are limited to a car or two and the f. o. b. price is now above the Eastern parity, being J cents f. o. b.. which established a new high record for the li:at 10 years. The hot wave that recently struck Southern California, while, of course, having no effect on the spot situation, dis sipated the accumulated moisture in the soil and unless there are additional rains before planting time, which is now near at hand, less confidence as to a better crop for the coming season can be entertained. Bank Clearing. Bank clearings of the Northwestern cities yesterday were as follows: Clearings. Balances. Portland J2.74S 859 316,761 Seattle l.Slti.tilS 11.75 Tacoma 310.815 26.026 Spokane 424.269 HSrS Portland's bank clearings for March in this and former years follow: March. 1914 f55 35 019 March. 1913 ..v SS'll"'"'" March. 1912 M.SS.ain March. 1911 . & 41; ;-g March. 1910 45.34 9;. z March, 19u9 34.99S.SU1 Rlee Prices Maintained. In the rice markets, prices are fairly main tained and a moderate routine business is doing In most grades Talmage says: "High class qualities are almost unobtainable an values for such grades hold very strong at advanced figures. The Intermediate styles are dull owing to their unattractiveness from a price basis. Foreign Is active and the distribution has widened out markedly under . attractive price values. Japans are a trifle slow, though prices hold up well against the Increasing competition of for eign of equal grade; in reality prices are decidedly stiffer." l-OKTLAXD MARKET QUOTATIONS. Grain, Flour. Feed, Etc. WHEAT Track prices: Club. Je: blue stem. 1 & 1.0 1; forty-fold. S3!,c; red Rus sian. 9114c: valley. 3c. OATS No. 1 white, milling. f33.5U per ton. FT.OL'R Patents. J4.o per barrel; straights. $4.20; exports. S3.S0; valley. $4.0; sraliam. 4.SO; whole wheat. $0. CORN Whole. 33.00 34 ; cracked, f 34.50 fe3. per ton. - BARLEY Feed, 22 per ton; brewing-. 1"3: roiled, 125. tlAY Ko- 1 Eastern Oregon timothy, 1S; mixed timothv. $15; alfalfa, $14; val ley grain hav. S13&14 MILLFEED Bran. $23 per ton; shorts. -o.oO; middlings. $31. Fruits and Vegetables. Tcal jobbing quotations- TROPICAL FRUITS Oranges. navels. 1.jj1.o0 per ,box; lemons, $.1.75 'a 4. Oil per box; pineanples, 6c per pound; bananas, 4 Vic per pound: tangerines. $1.75 per box: crape fruit. California, $3.50; Florida. $50 per box. VEGETABLES Cauliflower, Trie-SSI per doien; cucumbers. $1.7552 per dozen; egg plant. 30c per pounds peppers, 35c per pound: radishes. 25c per dozen; head let tuce. $2.1'5 perorate; garlic. lliVjc per pound, sprouts. 10 a 11c per pound: artichokes. j.ftrs,ic per dozen: celery. S3.0O&4.5O crate tomatoes. $4..'.o per crate; hothouse lettuce) i.Cs-$l.ao per box; spinach. imco$l crate; horseradish. t&10c; rhubarb. 3fc4c per lb.; cabbage. 2!c per pound; asparagus. $1.5 Tii per cratei Peas. Sc per pound; garlic, Llic pound; beans, 22 He pound. OREKN- FRLIT Apples. $1&2.50 per box: grapes. Malagas, $7.50fa9 per keg; cran. berries. $12& 12.50 per barrel; strawberries, liVi&liOc per basket. ONIONS Old. per sack. $4.9 4.25. POTATOES Oregon. 75c per hundred; buying prices. 40(i50c at shipping points; sweet potatoes. $2.75 per crate; new Cali fornia. 6ii6c per pound. BACK VEGETABLES Turnips, 75c; car rots, Soc; parsnips. 85c: beets. Sue Ialry and Country Produce. T.ocal Jobbing quotations: EGOS -Fresh Oregon ranch. Igil9c per dozen. POULTRY Hens. 19c; broilers. 30c: tur keys, live. 20c; dressed, choice, 20c; ducks. li4M9c: geese. U.12c. Hfc.e.!-fc. Oregon triplets. 21c: Daisies, nominal: Young Americas, nominal. BL TTEK Creamery prints, extra. 27 4j 21c per pound; cubes, 23 it 24c. PORK Fancy, lifeline per pound. vEAL Fancy. H n u 4c per pound. &'-ante (Groceries. Local jobbing quotations: .SALMON Columbia lllver, one-pound tails, A2.25 per dozen; half-pound flats. $1.40: one-pound flats, $2.45; Alaska, pink, one-pound talis. 85c; silversides. one-pound tails. $1.25. HONEY Choice. !3.5083 73 per case. NLTS Walnuis. 14'o2Uc per pound; Brazil nuts, 2uc; filberts, 14 15c; almonds. 1U&2&C; peanuts. 6'c: cocoanuts, $1 per dozen: chestnuts, S l y ltic per pound -pecaiis, 14 15c. . WEANS Small white. 5 "4c: large white. t.Hoc; Lima. 7c; pink. Sc; Mexican, tt'ic: bayou, uric. SCUAR Fruit and berry, $4.60; Honolulu i"iaiiun, i.ou; beet. $1.40; extra c, $4.1o; powdered. In barrels. $4.85 COFj'EE Roasted, in drums. 10g-S2c per SALT Granulated. S15.00 n nn. h.lr. ground. 100s. $10 75 per ton; 50s, $ll!so per T7" JaPan- 4T43c; Southern .r.icu J.K.UHO Apples, 10c per pound; apricots. 12 14c; peaches. 8rallc; prunes, Italians. SfelOc: currants. H',4c; raisins, loose Muscatel. 0 '4 a 7 c ; bleached Tiomp ,t,4' unbleached Sultana. 514c: seed t V, .ateS- Per'". T'7:c per pound; fanl, $1.40 per box- Package. 8 oz.. CO to box. $1 85 package. 10 oz.. 12 to hoi sn. k.TI ... -o,V M-73: ,bl?Sk- M-10 bo3t- V-73:' black! uu-lb box. $2.o0; black. 10-lb. box. $1.15: " " CTT tiSS- --lb- box- ; Smyrna. Provisions. HAMS 10 to 12-puund. 18'i19c- 12 I.-'J-P.?"1"1- J8HirlOJic; 14 to 18-pounu. jo-iwjwi-.c; Skinned. 18619c; picnic, 18c; boiled, 20c. "iu.7 "t'i .anc- Ui27?iei standard. ltY,ALT Ct-'RED Short clear backs. 1t "Ports. 15&10K.C; strips. 1BW LARD Tierce basis. Pure. 1214 018 c compound, 30c. a , Hops, Wool and Hides. HOPS 1012 crop prime and choice 174 lSe; 1014 contracts. 15c. PELTS Dry. 10c; dry short wool. 7c; dry shearings, loc; green shearings, loc; salted sheep. !loc&$l; Spring lambs. 13f25c HIDES Salted hides, 13c per pound- salt orv ,3?V': Saoied C,alf- 19t'; sreen hldel,' 13c; dry hides. 24c; dry calf. 20c; salted bulls 0c per pound; green bulls. Sc 121.IVa"ey' a7&1Sc; Eastern Oregon. MOHAIR 1913 cTip. 27c per pound. poun?. A BARK-0'd a new. 5c per GRAIN BAGS In car lots. 7c ' Oils. KEROS-EXE Water white, druma. bar " !a,nk 'a-n. 10c; special, drum, or barrels. 13:,c; cases. 174fiz.20c GASOLINE Bulk, 16c; cases.'22c- motor 15c : faM?"'-"cC; Cases- 13c- "Pth, drums. I.rvsl.'rii 1 1 1 r pa . h.,. -.-. uarreis. tc; DOlIed. -ac ; ' cae- u8: boiled, cases! tankR8pcNTINE-lD 6Sc Dried Fruit at New York NEW YORK, March 31. Evaporated ap- ?JH'c:f,pr94,c.,412!4c: ch"- w Prunes, firm. Peaches, steady. Hops at New York. NEW YORK, March 81 Hops quiet. T)uluth Lin need Market DI'T.T TH Mc-nV. ut . . May, July, 91.51. ' '- SiEMWBALLS FREE Cornell. TOLD THAT l:l.t pei i.- WHISKY ENTERS CITY. Kmolutlona to Condemn Water l'lnt Ruled Out. as Willamette River lit the Real Offender. SALEM. Or.. March SI. (Special.) Everybody in Salem is drinking "highballs.- notwithstanding the town is supposed to be "dry," according to a resolution introduced at a recent meet ing of the City Council. The resolution was not adopted. Mayor Steeves ruling it out of order. Tiring of the routine of long-drawn-out Council meetings, Councilmen Brown and Spaulding. both of a face tious turn, endeavored to do something to enliven the proceedings. They were informed that a few days ago a large quantity of whisky had been poured into tile Willamette Kiver at Albany, above Salem. This incident quickly in spired the preparation and introduc tion of the following resolution: "Whereas, a quantity of liquor was recently poured into the Willamette River at Albany and was brought by said river to the intake of the Salem Water Company's system without being properly labeled, the Salem Water Com pany distributing the same throughout our beautiful city, where it has been consumed by the ladies and the chil dren, undoubtedly having a 'tendency toward establishing a taste for liquor among our present and future citizens; therefore, be.it "Resolved. That the water plant is contaminated and should be destroyed." etc Slioi-idan to Kesume Paving. SHERIDAN, Or.. March 31. (Special.) As soon as the weather permits Roy BoKtick superintendent of construction, will reeume the street-paving contract begun last Summer. There remains more than half a mile of street to be paved under the present contract, while the paving of additional cross streets is being agitated and probably will be considered at an early meeting of the City Council. LIST IS 1VIIIG UP Favorable Rate Case Decision Is Expected. RAILROAD STOCKS FIRM Market Is Heavily Oversold and aborts Find Tlenisclves in In pleasant Situation When Ad vance Is Resumed. XEW YORK. March SI. The extent to which the speculative situation la bound up in the freight rates casea was indicated hy the course of - the stock market today. The action of the Interstate Commerce Commission In expediting the rates case foreshadowed an early decision and as the nnancluj community expects toe decision will be favorable to the railroads, the news was construed as distinctly bullish. ( The market responded atronirly. While the upturn was attributable pri marily to the action of the Commerce Com mission, It was- Innuem-ed fundamentally by the strong- technical position of the market- Professional selling had been carried to a point which exposed the shorts to suc cessful attacks. In fact the advance began in the late session yesterday. CLOSING STOCK QUOTATIONS. Reported by J. C. Wilson at Co.. Lewis building, 1-orllaad. Closing .... , Sales. High. Low. Bid. AlIIs Chalmers.. 11 Amu Copper .. 14.oo 77 7r.4 7H i Am Ret-t Sugar. iim in 2U Am Can Co .... ",7h U I'S5), do preferred.. l.-tiai I-' i Am Car & Kdy. ::tl .M ; r,l', .11 Am Cotion Oil.. lio 4:1 'a 4.'l' Am Smi-I - lief 1.500 mtl do preferred K'-J. Am Sugar -.'ihi iuhi 100 11H) " do n.ctcrred.. 4mi ihu. httj. in. Am Tel k Tel.. l"..1Ki l-.'l'i, 1'-i 1 14 Am Tobacco ... 7s 2:-0' K4: Anaconda ..... fciM sua, ;;a ;rt All t'OWKt Line.. loo l-:?.", liMi l":it4 AT Santa Ke uou 17. 07 do preferred IOOU. Rilt A- Ohio ... i'.loo m iiou i Brook R Tran.. 4.:UiO Kl-v, -j !. Canadian Pac. a.soo 2l7'!s -OO'i 207 : He ) l.::oo z.-,4 .-..ii C ft O W 3x -i.-.u. i:s 13 n & N W i i:tsii 1:13 V c. M & st I'aul 2.3h imiv itii, 1ik'4 Central Leather 5.SOO ilim 3iH :; Central of X J ..... 305 SJh'no 1.S00 41 vi 41 Vs 414 Col Kuel Iron- Col Southern 23 Consol Gas 600 133 133 1 4: D L W 4i) L .V It I. TOO 13 1 12W. 1-Mnlllllng secur. vno lSi ISA, lSli r.rie 2,400 . VL1 - J-o lloh 34.- ;t North Ore 3 t -North pf ... 3.300 127 Vi 12U 12?i IlIinoiK Central ..... Ill Lnterboro Metro 1.10O lrts 14S IT do preferred.. 2'in CO TjlM- r-ft'A Inter Harvester. J.SOO loti 104 IO514 K Southern.. 24 Lehigh Valley.. 3.400 143 14:t 1 44 u Louis Nafh.. l.tMK 137 137 137 Mexican Central loo 12 12 '114 M. S P & SS M .no 127 127 12 Mo. Kan & Tex lot 18 . 17t4 17U Mo Pacific 13.4UO 2ti 24 2r. National Lead 49 Nat Riscuit 1-12 do preferred - 31 New Haven ... 6.500 70 eftt.i ""(lU N T Central ... 1.200 1 90 ! N Y. Ont & Wes 27 Norfolk & West 0O 1035s 10x14 103 North America. 20 7S 77 77 Northern Pac .. KOO 115 113 114k, Pacific Mall .... Wto 23 24 . 23 Pennsylvania ... 4.200 111 110: 3111 People's Gas ... 2.:mo 125 12ri 13 124 Reading 25,mk lii l5i mini Republic S & I.. 0OO 24S 23', 24 Rock Island Co. 2O0 4 4 4 Southern Pac .. 2. 900 95U 041- 95 Southern Ry ... I.30O 254 25" 23 Texas Oil 40O 147 14 147 Union Pacific .. 18.700 100 159 15!) do preferred..- S3V4 I'nlted Rds S F 20 U S Steel Cor.. 47.700 fi4 C3 do preferred.. 500 no 109: tfiftt 1. i.an i.upiwr ... nii i-;s Wabash 1.S0O 2 Western T7nion.. 2.. 'too 63V. Westing Elec. 1.10O 75 Wisconsin Cent 1 1 3 3 74 74 Total sales for the day, 233.500 shares. BONDS. Reported by Overbeck A Cooke Co.. Board of Trade Bldg.. Portland. Bid. Asked. Atch Gen 4s 95 !.". Atl Coast Line 1st 4s 9:;' 93 B & O Gold 4s... 94 94 St B R T 4s 91 91 Ches & O 4t4s 94 94 C M & St P Gen 4a 102 103 c it 1 Col 4s as :is Cal Gas 5s 93 93 C B & Q Joint 4s 9 97 Krie Gen 4s 94 95 lnt Met 4Vi 75 7 Louisville & Nash TJn 4s 95 95H Missouri Pas 4s... & t0 NYC Gen 3s 81 82 Northern Pac 4s 95 95 tj Oregon Short Line Ref 4s 91 91 Pac Tel 5s 97 97 Penna Con 4s . . . l'J I -3 102 Reading Gen 4s 95 95 St- L fe San Fran Ref 4s 75 77 So P Ref 4S 92 92 S P Col 4S 91 91 So Rl 5s , lu.- 105 So Ry 4s .V 74 "i 74 Cn Ry Inv 4s 51 5S I'n Pac 1st and Ref 4s 93 94 T" S steel 5s 10:: 103 West Shore 4 93 93 Wabash 4s 54 55 W' house Elec cv 5s 94 95 Wisconsin Central 4s S7 S8 Stocks at Boston. 31. Clostnv nuntfttlAtii- BOSTON. March Allouez 42 'Nev Con 15 Amal Copper 'js;Niplstng Mines ..6 North Rtitte "T K A V. I. & Sm... Is Arix Com 4 Cal A: Arizona.. 6S North Lake 1 sjbld Dominion!" SO Cal & Hecla 41 Centennial 17 'Onincv ... Cop Ran Con Co 37 shannon 5H K liuile cop Mn 11 Franklin f . superior 29 Llllnn M. Da. I n ' t . Granby Con.... RS ;Tamarackr 36 Greene cananea 3 lit a to rtfc M... Kla ij do pftl ... 47 ,Vtsh Con 10 ruh ron i" r. -. . Lnle Roy (Cop). 1 Kerr Lake Lake Copper.... La Salle Copper 4 Wniona ........ 3 Miami Copper.. 24 wolverine 43 :Butte & superior 35'.a Mohawk 43 Money, Exchange, Etc, NEW YORK, March SI. Call money, steady. 1 7i 'J per cent; ruling rate. 2 per cent; closing bid, l?ii2 per cent. Time loans, weak; 60 days. 2 4J 2 per cent; 1K days. 2 per cent; six months. 3 l per cent. Mercantile paper, 34 "&4 per cent. Sterlinar exchange, steady. Sixty dava. $4.8475; demand. j:4.Srt:;r.. t'oramerclal hills. 4.fe4. , Bur ail ver. OSc Mexican dollars, 43H?- Government bonds, weak; railroad bonds. steady. 7-ONDON, March 31. Bar silver, steady. 26id per ounce; money. J0i4 per cent; rale of discount for short bills. 1 per cent; do. three months' bills. 1 per cant. PAS FRAxriscO. March SI. Mexican dollars, nominal. Sterling on London, 60 days, $4.84; do. sight, $4.81;. SAX F RAX CISCO PRODUCE MARKET Price Quoted at the Bar City aa Fruits, rgetablcs. tp. SAN" FRANCISCO. March 31. Fruit Pineapples. SI. 30 92.1:3; apples. Newtown Pippins. S1.35&2: Hoover. $1.25 1.30- No. 3. tiuc v 1 : Mexican limes, $.5uf 6; Cali fornia lemons, $2.25tfj 3.75. Potatoes River deltas, 7o4? "c: Oregon Burba nka, 73c6$1.13; sweets, $2.1002.15. Vegetables Cucumbers, hothouse, gl ; green peas, 4 6c; string beans, lOc; egg plant, nominal. Butter Fancy creamery, 23c; seconds, 22c. Eggs Fancy ranch. 19c; store, ISc. Cheese New. 13ffl3c; Young Americas, 16 -a 17 c Onions Oregon, nominal. Receipts Flour. 1070 quarters; barley, ir..3 centals; potatoes, 470 sacks; hay. 113 tons. Metal Market. NEW YORK, March 31. Lead, quiet. 3.75 3t3.S."-; London. iOs fd. Spelter, steady, 3.-5 1 3.30c : London. 21 7s 6d. Copper, firm : standard, spot and June. 13. SO'.i 74.30c: electrolytic. 14.62Hc; lake, 15", nominal; casting, 14.37'-ic. Tin. quiet. Ppot. 37.85 fe 38. 23c; June. June. 3&.1 3S.62c. Antimony, dull; Cook son's 7.23c. Iron, quiet, unchanged. Coffea aad Sugar. NEW YORK. March 31. Coftcvr was lower today under liquidation, renewal 1ix prea- : sure and foraign selling. The market opened - - .-. 9 i a- .-tiii. luwri . J 1 tin support caused moderate rallies during the morning, but the general tendency was downward and the market closed steady. 204x21 net lower. Kales. TI.OOO bags. April. B.BOc; May. 8.71c; July. K.SKc; September. .0.c; jober. 9.15c; December. 9.2ac; January. Spot, quiet: Rio. No. 7. c; Santos. No. 4. llc. Mild, dull; Cordova. lHtiltmc nominal. Raw sugar, quiet. Molasses, 2,S0c; centri fugal. 2.90c. Refined, steady. TJ Stores. ,f,,AKXH- March SI. Turpentine quiet fi.. c- No Receipts. 2ti8; shipments. 14.t; stocks. 12.01S. Rosin nrm. Kaiea. 231; receipts, lion shipments. 3342: stocks. 110.42.-. Uuote: A B. C. D. K. $3.73; K. O. 3.e0: 11, I K Chicago Dairy Produce. JiisV?.0, M"rCh 31 BoU" ch-"e- Kgga. lower: receipts. J1.2V-, caaen- at Sliri1- ff l, ly""- K4.17Sc: ordinary brats. Itj-'agl.i.c; nrsts. 17Hm7c Cotton Market. .1., viihV,, 1X1 March 31. Spot cotton. 13.73. SMALL SUPPLY AT YARDS PRICKS HOLD STEAUV IX A IX 1.1 VK. STOCK I.IKI. lrttne trrm Taken at X and Ton Hog. at 91.73 Keesrd Iteeelvta in Mares. There was only a limited amount of stock available at the yards yesterday and 'eg ware confined to five loads of cattle and two of bogs. Prices wcro steady. Ona load or choice steers waa sold at $s and the others brought $7.3.-. to 7.75. The top level of the hog market sllll holds at SS.75. Tha run at the yarsd In March was the largest for any month since tli yards were established. The statistics wil be found In another column. Receipts were 104 cattle, 3 calves and 171 hogs. Shippers were: If. Wet more. Monida. 2 eara cattle; T. Z. iJeatchlc, Monida. 3 cars catCe; F. 8. Kolsom. DkvIs. Cel., I car cat tle and calves: Hugh Cuiumlng,tCorvai:is 2 cars calves and hogs. The day's sales were as follows: Wt. Prloe.i wt. Trice. 6 steers . .102.-. 7.oi 1 hog 3107 73 2 bulla 1000 . 25 10 hogs J12 8-5 1 cow . ...mno 7. 00 7s hogs .... l N 7-, 2 steers .1094 T.71S2 hogs 1M 773 SC steers ...llil.". S.IM. 25 ste.rs 973 7 .V) 23 steers ...1012 7.3.". 25 steers ....1013 7 50 Current local quotations on tha various classes of livestock folluw: Prime steers 17.50 4, IK. fw Choce steers 7.30 7.60 Medium steers 7.0Qv 7 25 Choice cows ................... 7 00 Medium cows uttl c 20 '!'" - .00. 711 Helfera g.ooa 1.2s Light calves .0vr-u Heavy calves t..ow 7 i0 K.GOw (.00 St 4.00U, 7.60 Light Heavy Sheep 8 S.75 7.0 7.73 "elnei 6.00 (0 " 1. SO s on Lambs 5.00 'u" 7.00 Omaha IJvmtock Market. SOUTH OMAHA. Neb.. March 31. Hoiy Receipt. fttHK): markii, lower. Heavy ts l4rJ i'BhV 45; piem, 7.508.i; bulk of aalos. S .U0S.lo. Cattle Receipt. 400u; market, steady. atve ateera. $7.3.". D.oo ; cuwi and lieiiera, SU.-JoS.OO; Western tee: , . GO to S 1 0 -rexas steers. ti.(hfi 7.T.0; cows and heUers. 3 7. Iu; calves. 7..".0 ft lo.UO Sheep Receipt, ia,0O0; market, tead Yearlings. ti SO-ii 7.60; wethers. ti.7i: lambs, 7.258.40. Chicago Livestock Market. CHICAGO. March 21. Uoga Receipts. 12.000; market. unsettled. ) Ik lit grades trong, others i5c under yesterday's average Bulk ot eales. 8.50'ffS.e; light. S.0Ov8V0 mlxed. S.30WS.60; heavy. 8.0: rough. $8.3 a 8.33; pigs. 7.238.tK). Cattle Receipts. 4000; market. weak. Beeves, ti.urfc9 4o; Texas steers, $7 8.0; Western steers, 6.907.00; stockers and feeders, $3.0 8. 0i: cows and heifers. (3.63 8.40; calves, $6.OOi$9.0O. heep Receipts. 23.VO0; market, stead v to 10c under last night. Native. 3.85fc 6-Sr. Western. S5.3S4r.0. yearlings, 7 75; lambs, native. S7.33CU fi a.i- w.Kt.i-m c? u-.o., 8.43. CENTRAUA TO VOTE TODAY Banct Isoe and KlecCrlc Railway IVandiise Are I'p. CENTRAUA. Wash.. .March 31. (Special.) All indications point to a big- vote being- cast at the special bond and franchise election to be hold in Central ia tomorrow. The total regis tration Is 1931. The issues are the pro posed sale of $118,000 in bonds, to take up a ukc amount of outstanding war rants and the granting of a 30-year franchise to the Washington Electric Company to operate an electric line in me city, connecting with the local mills and the Puget Sound & tVillapa Harbor Railway, a branch of the Milwaukee being built through here. The warrants are drawing 8 and 8 per cent interest, while the bonds can be sold for 6 per cent or less. DAILY METKOROLOGICAI. REPORT. PORT.VTI U...I. - 1 , Pralurc. 40.4 degrees: minimum tvmpcrs- iui-. nrfc rtiv.r reaainc. s A. M. 6.3 feel. Chans, in lul 24 hours. o.l foot. Total rainfall (i P. M. to 5 V. M. . 0.11 inch Total rainfall since September 1. 11113 :r at" Inrhra. Normal rslnfall sine. Septrm'br 1. 3S.7.1 Inches. Deficiency of rainfall since .-rtnemu.r x. iti.i, -i. nr inmeg. Total sun shine, minutes. Possible sunshine. 1' hours 43 minutes. Barometer reduced to ea level), 3 p. M-. ao.itf inches. THE WEATHER. C Wind .3 c 5 3 State ot 3 -2 " ,2 veatbec I ff f I J7 j STATIONS. Baker Boise ......... Boston .". Calgary ...... Ohtca co ...... Lenrer res Moines . . . Duluth .... Eureka Galveston ..... Helena Jacksonville ... Kansas City .. Los Acreles Marshf'.eld Med ford Montreal New Orleans . . New York .... North Head . . . North Yakima Phoenix Pocatello Portland Roseburs; Sacramento St. I .ou ; ...... St. Paul Salt Lake Sa n Francisco Seattle Spokane Tacoma Taloosh Tsland Walla Walla . . Washington . . . Winnipeg irioudy jt. loudy iear I Rain Clear Cloudy Cloudy ioud V (Cloudy I't. cloudy Clear Cloudy Icioudv (Cloudy Cloudy Iciear Pi. cloudy Cloudy Cloudy ft. cloudy Clouds Cloudy Plniidv Jloudv IClear IPt Tn..., Cloudy Pt. cloudy Pt. cloudy Cloudy ft. cloudy Rain IPt. cloudy Cloudy Cloudy WEATHER CONDITIONS. A weak high pressure area overlies the North Pacific States and a large high pres sure area is central over the New Kneland States. The barometer is relatively low ortr Oklahoma. Light rains have fallen at scattered places on the Pacific slope north of the Sacramento Valley and showers and thunder storms have occurred In the Middle V eat. The changes In temperuture since yesterday have been small and unimportant, except In a very few limited areas. The conditions are favorable for generally fair weather in this district Wednesday, with no marked change in temperature. FORECASTS. Portland and vicinity Fair; light variable winds, mostly northerly. Oregon and Washington Fair: light va riable winds. Idaho Generally fair. EDWARD A. REALS. District Forecaster. Ir.o n.tMi io w 50!O.O 4 NW I Ou O.'OO '12 N I 44.0.O:'J.E Ji0.O0;i4NW 4ti o.iihI tt;K I 84'O.nnl s NK 1 80;0.0! SK I 1 o.o.tMhia t-w I t4i0.Oi 4'SK I el ro . 40 Hi'NG I 64;U.O!lOS 6-'.0.4i 4'H I r.s o.oi!12;nw coo lasw 8J 0.(Ml,10 S 5J10.O"-, U S I 4H O.wil 4-S I 0.0OI KlSW "o o.oo 4;nw! 32 0.W t SE 49 0.11 S 5tl'0.04 4 V o'JiO.OO 4SE I ol O.Olll 8 E 3.VS.0HI 8SE 54 u.'Jd'l: NW oo o.ool rt sw CO.O.Uj w S'lO.lClO sw I Ho6!4l .'sb I I S0 0.1OI RiSE 1 r.4 o.ik b se I 3S;0.uui 4 SE i An Investment Opportunity Willamette Valley Southern Railway Company First Mortgage Q Gold Bonds I PORLAND $100. $500. $1000. Free from ISrormal Federal Income Tax. The Willamette Valley Southern Railway Company bonds, in our opinion, afford a very desirable investment and one which embraces 'pood securitv profitable yield with excellent prospects of enhancement in value c will be pleased to furnish descriptive circular containinff detailed infor mation, price, etc., upon request. b ""4,ru imor s? MORRIS BROTHERS . Railway Exchange Building, Portland. " ANOTHER GENT LOSS Wheat Slumps Because of Fine Crop Outlook. NO DEMAND FOR EXPORT Liquidating Sales on I "art r Lars Holders Added I'rFure Caused by shirts Argentina Dr ier Corn Cheap. CHICAGO. March 31. Radical bearish sentiment as to wheat developed today be cause of the brilliant crop outlook and in on.enu.-n.-e of the total Isck of exports. The market bad no good reaction and closed heavy, t. to Ic under last night. Corn fin ished SUSc to lc down and oats off S to 4c. In provisions the outcome varied from 10c decline to an advance to !4c Liquidating sales on the part of big hold ers formed an Important elem.-nt In the sit uation regarding wheat, but the downward pressure was hy no means conlined to longs. Notwithstanding a big falling off In the world's available stock of wheat, no au thentic true could be obtained of any ex port busineaa being done. Corn trude became semi-demoralised as a result of the cheapest offers yet from Ar gentina. Breldes west-bound rail -rates from New York were being cut in some particulars and there wss no enlargement of the Eastern inquiry for corn from here. It was said that ltr.OOO.OoO bushels of corn had been sold from Argentine ports for April-May shipment to American markets and that in addition considerable was com ing to the United States from lndi;u The weakness of corn and wheat was too much for the oats market. Depression was emphasised by the big stock here and by 0 per cent increase of acreage in Oklahoma. Provisions receded with grain. There was somo substantial buying on the declines, though, believed to ba for one of the lead ing packers. The leading futures ranged as follows: WHEAT. Open. High. Low. Close. May .si's : ,S .1 ' July 67 i .67?, . CORN. May 8T-5, . .67 .I'H July OSV. .68 .tiiH . OATS. Mav Stt ,S .SS .31. July 39. .3UH -33 .36 . MESS PORK. May 20.80 20.PO 20.8T-X 20.72 July 20.S7i iO.OT'i 20.73 20.80 LARD. May 10.43 10.55 10.43 10.47 July 10.02 10.79 10.02 lu.ttj SHORT RIBS May 11.03 11.12 11.0O 11.02 July 11.20 11.27 11.13 11.17 cash prices were: Wheat. No. 3 red. 03$83c: No. S red. :c: No. 3 hard. lt92c: No. S hard. 81V, 0144c: No. 2 Northern. S3 6 04c; No. 3 Northern. 92f3c: No. 2 Spring. Vjv4C; No. 3 Spring. 2c Corn. No. 2. -iV,c: No. 3. C5S67e: No, 3 white. 6706Sc; No. S yellow, o0 0c. Rye. No. 2. 2c: barley. 48fr2c; timothy, 33. 20 0 4.00; clover, $!12.7&. Paget Sound, Wheat Markets. SEATTLE. March 31. Wheat niueatem. BOc; fortyfold. 2c: club, l2ci Fife. 2c; red Russian. ftOc. Y'esterday's car receipts, wheat 20; corn 8, oats 7. barley . hay 37. flour 1L TACOMA. March 31. Wheal Bluestem. !cl; fortyfold. 82c; club, UIc; red Kite, Vic Car receipts, wheat 7, barley 1. oats 1. hay 13. "aa FranHara Grain Market. SAN FRANCISCO. March 31. Spot quo tations; Walla Walln. $1.0 a 1.01 ; red Rus sian. 11..'.,II Si; Turkey red 1 1U2 r 1 3 ; b.uestem. SLra 1.U7 ; feed barley, tl-12 1.1.".; brewing barley, nominal; white oata, 1.27 i a 1.S0; bran. -'(.-..( -i; middlings. SJrd31;: shorts. X26o2tt.30. trail board Wheat, weak. Barlev Decem ber. sl.lt bid. 11.11U asked; slay. Sl.ljVt bid. 31.10 a.ktd. . v js Minneapolis Grain Market. MINNEAPOLIS. March 31 Wheat. Vo 1 hard, 1 ) ft.2c: No. I Northern, SO ft Ble; No. 2 Northern. 674si&ae; No. 3 wheat. 83sesc: Mai. 6Sc; July. W0 VO'kc parley. 43i 37c. Flax. 11.34 W if 1.56V.. Knropean Grain Markets. LONDON. March 31. Cargoes on nasaaire depressed. English country market. aufet. hut steady; French country markets, quiet. LIVERPOOL. March 31. Wheat Spot, oulet; futures, easy. May. 7s 2 Sid; July. s 2d: October. 7s d. LINN HAS 27 IN RACE NOW Seventeen llopubllcans and Ten Denioerats In Field. ALBANT. Or. March 31 (Special.) Counting legislative candidates, 27 men nre in the field thus far for nominations for Linn County offices at the. forth coming primaries. , Seventeen of these arc Republicans and ten are Demo crats. A list of the candidates who have either filed their nominating petitions Cr -who have made public announce ments of their intentions, follows: For titato Senator Frank H Porter, of Halsey. Republican: 6. M. Garland, ot Leb anon. Democrat. For Joint Senator. Linn and I.ane Coun ties Bdward D. Cuslck, of Albany Re publican. For Representative. Charles Child. of Brownsville, and Homer Spwf, of Tangent. Republicans: Fred K. riarriaon. of Browns ville. Democrat. For County Clerk R. M. Russell, of Al bany: Ralph Thorn, of Lebanon; c. B. Winn, of Albany, and W. W. Ballev of Brownsville. Kepubllt-ana: Frank C. Wtell niHcher. of Albany, Ilemnrmt. For Shenlff 1. H. Bodlne. of Albany Incumbent, and Oram Plrtie. of Albany, lie- Guaranteed by the RAILWAY, LIGHT & POWER COMPANY THE UNITED STATES NATIONAL BANK PORTLAND, OREGON UNITED STATES DEPOSITORY Capital Surplus J. C. Art .WORTH, rnsileak It- LHA BAHJVE9, Tlei-P,lse.t W. A. HOLT. Aart. Ckaakler ' " A- SI. WRIliHT. Asst. 43aalUr. H. W. KHUrX-. Os.bler. P. S. Dick. Aaat. Cakler. THE BANK OF CALIFORNIA NATIONAL ASSOCIATION of San Francisco. Founded 1864 - Capital Paid In $S,500,000.00 Surplus and. Undivided Profits. . . . . .$8,069,722.49 Commercial Banking and Savings Departments PORTLAND OFFICE Third and Stark Streets LADD & TILTON BANK Established 185 9 Capital and Surplus Commercial and publicans: W. J. Moore, of Brownsville, and Ed ard tschocl. of Albany. Imncrats. Fop County Recorder "..rant Kroman of Albuny. lmumbtnt, Republican; K. M Mil ler, of Halwy. LtfrnouraL For County Trurei- W. W. Francl. of Albany. Incumbent. Republican; Frank. Crab tree, of Albany. Damocrat. For County Comminsioner O. H. Ruasell. of Sweet Home, incumbent: J. D. Irvine, of HrownsvlKe. and T. 31. Holt, of Thomas. Kepublfrans; Arch C. Miliar, of Albany, Democrat. For County Surveyor Alfred Geddes. of Albany. Incumbent. Republican; W. M. Ivaton, of Albany, ivmocmt. For Coroner William Fortmlllr. of Al bany. Incumbent. Republican; ti. N. Braden. of Albany, Drmorrat. GAS TO BE SOLD SOON Work on Oregon City Streets Will lie gin Friday. ORIiGON CITT. Or.. March 51. (Spe cial.) Engineer Neefus and Superin tendent McClouich. of the Clackamas fa Company, announced today that actual construction of the gas mains in Oregon City would beartn Krfday and The Canadian Bank of Commerce HEAD OFFICE Toronto, Canada. Established 1867. A feaeral banJtinx business tran acted. Interest paid on time - deposits. Letter, of Credit and TraTelos Checks Issued. PORTLAND BRANCH. Corner Second and Stark Sta. r. 0. MALPAS. Manafer.- mm B. FOSHAY im:b.io utility specialist. Investigations, Reports, Plans. Develop ment and Management of Electric. Gas, Street Railway and Water Properties. Wlleax Balldlns. Portlaad. Oreaaa. MONEY IN GRAir yft-g b-iy- pats 4f ealls on lOOSJ bunbeis of vbeat t corau Nortirtber riek. A BMTnT)t of ftc frma prt" rlvM-fOaaaepportitBitjto tak4VstO: e.S0Oi'le. ,); rit for Barutmlara. J Inane BrakaraM Cca. i $1,000,000 $1,000,000 OFFICERS S2.000.000 Savings Deposits that the firm would be eervlng- custom ers early In the Summer. The streets to receive first attention of the company are Seventh. High. Cen ter and Madison. The City Council ha Included these streets in those to be Improved this Sprlnir and the iras con cern plans to install mains before the surfacing- Is laid. All pipes will be laid at a depth of two feet. Thar are 1.1I7.P40 automobiles In serv lc. In th. I'nlted States. The Choice of Investments "We ar at all times ready to consult with our customers, giving them the benefit of our experience and the in formation we have on Land. "What j-ou do with your surplus is no less important than the ac cumulating of it. "Wrongly invested it may be of more harm than benefit to you. Security Savings and Trust Company Fifth and Morrison Streets Capital and Surplus $1,400,000 J. C. WILSON & CO. SVrOCsUI. UUNIMi. (iKAIN sVHU COTTOX. MEMBslw WW TO UK STOCK EXCHA3CGB. CHICAGO BOARD OF TRACK, KEW TORK COTTON UCHANGI, TBK STOCK AD BONO EXClUSOa SAJf ntAJfCISOO. P0ETLAND OFTICE: Lewis B nil dint 269 Oak Street, Pnonet Marshall SS58. A 4187,