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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (June 2, 1914)
r TIIE MORNING OREG ONIAN, TUESDAY, JUNE 2, 1914. 17 HEW WHEAT WEAK Dealers Not Disposed to Con tract for Crop. FARMERS ARE OFFERING iot Market Dull for Lack of Sup plies California Movement, Heavy for Season, Now ' Almbst Ended. The feeling In resard to tho new-crop wheat market Is weaker. Lower cables and a. declining tendency In the East with the fine 'crop prospects In the Northwest add to the bearish sentiment. New club Is still quoted at 80 cents, but dealers are making no effort to transact business, though offers to sell by farmers are becoming more nu- merous. The spot market is almost entirely neg lected. Were, there any demand, there would be hardly any wheat to satisfy It. Local stocks are practically exhausted except for the supply held for the few shipments yet to be made, and the country is well cleaned out. The last big lot left in the Grand Honda Valley, the Bhaw crop of 8200 bush els, was sold a few days ago and Is now on its way to Portland. The movement to California may be called over for the season. Corrected figures of laBt month's shipment, of wheat and flour from Portland and the Sound to California were equal to 885.538 bushels. The amount to go down in the .current month will be very small. Since the f beginning of the present season, California has drawn on the North for wheat and flour to the extent of no less than 8,564,847 bushels. The oats and barley markets were as quiet as they have been, and were quoted weak for both spot and new crop. Foreign crop conditions are summarized by Broomhall as follows: United Kingdom The outlook for "Win ter wheat continues favorable, but Spring cereals and fodders are in need of rain. France The outlook for wheat Is rather less favorable. In the north and east there are continued complaints. Germany Conditions surrounding the out look for wheat and rye are referred to as generally satisfactory. Offers of native wheat are small. Russia Good rains are confirmed in the Bouth and some reports state that this rain fall has extended as far as the center and Volga region. Arrivals at the southwest are scanty, Baltic small, and Aroff good. Roumania It is estimated that the drought has caused deterioration in wheat aggregating from 10 to 15 per cent. This fully offsets the increased acreage. Hungary Many complaints are heard and the outlook is unfavorable. Offerings of native wheat are very small, but fresh pur chases of foreign wheat are lighter. Italy Drought has caused considerable damage to southern region and island dis tricts, sufficient to make ?rop smaller than last year. Buying of foreign wheat is act ive. Portugal and Australia The outlook con tinues favorable. Local receipts. In cars, were reported by the Merchants' Exchange as follows: "Wheat Barley Flour Oats Hay. Monday lio Si 22 11 23 Tear ago .... 10 1 13' 15 1' Season to date.15,540 2605 2725 10.-.S 20SO Year ago lli.OOS 2383 244(1 1022 2276 SHIPMENTS OF WHEAT A III' World's Movement Two Millions i HEAVY Greater Than In Preceding Week. The weekly wheat statistics of the Mer chants Exchange follow: ' . American visible supply Bushels. Decrease. June 1. 1914 19.770,000 1,893,000 June 1913 rtY.SlU.UUU :,U!JJ,UW 1912 30,847,000 1,379,000 1911 26,875.0(10 975.000 1910 18.647,000 1.4S5.O00 19U9 17,527.000 2,2r,0,OnO 190S .'.21,277.000 1.541,000 1907 49,114.000 612,000 1906 29.784.000 1,027,000 1905 , 18,165,000 1,957,000 June June June J une 3. 5, 6, June 10, June ll. June Increase. Quantities on passage " "Week Week Week ending ending ending Mayan May 2.i May 31.' is For Bushels Bushels Bushels U. K 21.328,000 2O.:il2.OO0 25.84S.0OO Continent ..20,612,000 24,744.000 32.096.000 Total . World's countries, ..41,840,000 45,056.000 shipments, principal 57.944,000 exporting Week ending Mav 3!.' 13 Bushels 6,093,0(10 2.864.000 1.4S0.0O0 232,000 1,944,000 2,344,000 flour "included Week Week ending May 2:t Bushels 5,760.000 560,000 1,232,000 2,272.000 4.056. 000 736.000 ending Mav 2:i Bushels 4. 787,000 1,176.000 704,0(10 1.384,000 4,776.000 24.000 From TT. s. & can. Argentina Australia . . Danube Russia India Total .14.G16.O0O 12.851,000 14,957,000 Total since Same period July 1, '13 last season Bushels. Bushels. U. S. and Canada. .. ."53'4,S26, 000 19,474.000 Argentina ...... Australia, ....... 4O.3S5.00O 121.520.000 61,160.000 44.258,000 Jlanuba 59,283,000 51.723,000 99.21S.009 54.705,000 Kussla 154,112.000 India 27.520.0uo Total 2.000 590,900,000 GOOD SHIPPING BKKKIES ARE SCARCE Rain of Last Week. Followed by Hot Wea ther, Spoiled Much of l'ruit. The strawberry market was unsatisfac tory. Good shipping stock sold at 85&oo rents, but there was not much of it on hand. The rains of last week, followed by hot weather, have 6Calded much of the fruit, and the large shipping districts have ceased to forward to this market. Cherries were more plentiful and moved well at 8 to 10 cents for the best. A few shipments of raspberries and loganberries arrived from the South, but were not ac cepted owing to their quality. Local ber ries of this kind will be on the market in a few days. New California apples o'f good quality offered at $1.50 a box. Apricots were lower, at 11.25 Q 1.00. The cantaloupes received Saturday were slow sale at J4.50&5 a crate. They were too green to meet with favor. The next cur is due Thursday. A car of Florida tomatoes was received in good condition and they offered at $4.25 4.50 a crate. A car of new potatoes also arrived. Green vegetables were generally easy. NEW-CROP HOPS ARE IN DEMAND lttisiness in Futures iu Western Washington. California Spots Sold. No transactions In either old or new-crop Oregon hops were reported yesterday. There is a limited demand for the former and a uumber of orders are on the market for contracts. One hundred bales of 1914 Washingtons were sold by Mueller, of Orting, to a Ta coma dealer at 144 cents. A California letter reported the sale sev eral days ago of 174 bales of spot Sacra mentos at IS cents. Offers of 14 cents are being freely made for California futures, with no sales. A Southern dealer estimates the new Cali fornia crop at 95,000 to 100,000 bales. Local dealers figure the Oregon yield at 135,000 bales. Washington is expected to have 40. 000 bales, a larger crop than last year, as the Taklxna acreage has been increased. GOOD POULTRY TRADE 18 EXPECTED Receipts Are Liberal, but Are Well Taken Car Of. Poultry dealers look for a good amount Of business this week. Receipts yesterday ware liberal, b,ut were well taken cara of. Hens sold at IGVi cents and broilers and fryers at 25 26 cents. Tho egg market is holding where it hi been for the past week or two. The supply and demand are about equal, and there has been no occasion to move prices either way. Country dressed meats were weak. The demand has fallen off tnarply, as it usually docs at the beginning of the warm spell. Butter and cheese were steady and un changed. Bank Clearings. Bank clearings' of the Northwestern cities yesterday were as follows: Clearings. Balances. Portland $2,038,075 $264, 3CS Seattle 2.915.44S 303,123 Taooma 423,372 . 25,141 Spokane SI03.C09 65.5B1 PORTLAND MARKET QUOTATIONS. Grain. Flour. Feed. Etc WHEAT Trade prices: Club, S586c; bluestem, 88r89c; forty-fold, 87c; red Rus sian, 85c: Valley, S6c MILLfEED Bran. ?23.5024 per ton; shorts. 2S.5027; middlings. $32 333. FLOUR Pater ts. S4.SO per barrel straights. $4.20; exports. $3.90; valley. 54.80; graham. $4.80; whole wheat. S5. HAY No. 1 Eastern Oregon timothy, $13 (310, mixed timothy, $13 14; valley grain hay. $12Sil3: alfalfa, $12'13. BARLEY Feed, $2021.O0 per ton; brew, lng, $21.60 'J 22; rolled. 523.5024. OATS No. 1 white milling, $22622.S0 per ton. CORN Whole, $35; cracked, $38 per ton. Fruits and Vegetables. Local jobbing quotations: TROPICAL FRUITS Oranges, navels. $2.75 3.25 per box; lemons, $5.500 per box; pineapples. Gc per pound; bananas, 4 He per pound; grapefruit, Florida, $5.50 6.50 per box. VEGETABLES Cucumbers, J1.25 per box; eggplant, 15c per pound; peppers. 200 25c per pound; radishes. 15 17 4 o per dozen; head lettuce, $2 per crate; artichokes, 7585c per dozen: celery, $3.504 per' crate; tomatoes, $4.254.50 per crate: spinach, 5c per pound; horseradish, 10 12ac; rhubarb, ltt43c per pound; cabbage, 14c per pound; asparagus, $11.25 per dozen; peas, C6c per pound; beans, 8 12 Vic per pound; corn, 75c per dozen. GREEN FRUIT Apples, $1.50 jj. 2.75 box; strawberries, 75c90c per crate; cherries. 6fg)10c per pound; gooseberries, 25o per pound; apricots. $1.251.50 per box; canta loupes, $4.50 (& 5 per crate. ONIONS Bermuda. $2 02.25 per crate; red, $3 a 3.25 per sack. POTATOES Oregon. 90c$l rer hundred; sweet potatoes, $4.505 per hundred; new California, 2 Vic per pound. SACK VEGETABLES Turnips, new Cali fornia, $1.50; carrots, $1.75; beets, $1.75. Dairy and Country Produce. Local lobbing quotations: EGGS Fresh Oregon ranch, case count. 20Vi&21c; candled, 2223o per dozen. POULTRY Hens, lbvc; broilers, 25 26c; turkeys, live, 20&22C; dressed, choice, 25&2Uc; ducks, 12c; geese, 10llc. BUTTER Creamery prints, extra 27V40 per pound; cubes, 22Vfc24c. CHEESE Oregon twins and triplets, Job bers' buying price, 15c per pound X. o. b. dock Portland. PORK Fancy, lOVfcc per pound, VEAL, Fancy, 11c per pound. . Staple Groceries. Local Jobbing quotations: SALMON Columbia, River, one - sound talis. 2.25 uer dozen: half-pound flats. $1.40; one-pound flats, $2.45; Alaska pink, one-pound Lai is, .b5c; silversldes, one-pound talis. $1.25. HONEY Choice, $3.5003.75 per case. NUTS Walnuts. 1420o per pound; Brazil nuts, 20c; tuber to, 14 4H5c; almonds, 10(&23c; peanuts, oiuVac; cocoanuts. $1 per dozen: chestnuts, bViVlOc per pound! pe tar.a. 141 15c. BEANS Small white. 6V4c; large white, 4.85c; Lima, 8c; pink, 6.15c; llexican, e&or bayou, 7 fee CuFFtE Roasted, in drums, 10 Q 52c per pound. SUGAR Fruit and berry, $4.05; beet, $4.75; extra C, $4.45; powdered, in barrels, fi.20. bALT Granulated, $15.50 per ton; half ground, 100s, $10.75 per ton; 50s, flLGO pet ton, dairy, $14 per ton. KICK No. 1 Japan. 4Vi5c; Souther bead. C47Vic, Island, 55Vo, BR1EI FRUITS Apples, 10 Olio pet pound: apricots. loVfc20c; peaches, sllo; prunes, Italians. 8(cj10Vac: curranta, ttftc; raisins, loose Muscatel, ttV4j7Vsc; bleached Thompson, ll$tc; unbleacbea tiultana, 5ic; seeded, 9c; dates, Persian, 7Qi7)o per pound; fard. $1.40 per box. FIGS Package. 8 oz., 50 to box, $1.85; package. 10 oz., 12 to box, 80c; white, 25-lb box, $1.75; black. 25-lb. box, $1.75; black. 50-lb. box, $2.50; black, 10-lb. box. $1.15, Lalarab candy figs, 20-1 b. box. $3; Smyrna, per box. $1.50. Hops, Wool, Hides. Etc HOPS 1913 crop, prime and choice, 14 15c; 1914 contracts, 1415c PELTS Dry, 11c; dry short wool, 8c; dry shearings, 10c; green Shearings, 15c; saltpd sheep. $1.25(1.50; Spring lambs, 2585c HIDES Salted hides, 13VsO per pound; salt kip, 14c; salted calf, 19c; green hides, 12cc; dry hides, 24c; dry calf. 20c; salted bulls, 10c per pound; green bulls, 8 Vic WOOL Valley. ls&2Uc; Eastern Oregon. IOSjI'JkC. MOUAIR 1014 clip. 27V4 023o per lb. CASOARA BARK Old and new. 5c per lb. GRA4N BAGS In car lots, 89tc. FISH Chinook salmon, 12c; blueback, 11c; shad, 3c; roe shad. 5c; perch. 7c; hali but, 4Vs&8c. Chicago Dairy Produce, CHICAGO, June 1, Butter steady. Creameries, 20&2tiVfec Eggs Steady. Receipts 22,239 cases; at mark, cases Included, 1618VsC; ordinary firsts. lH4ai7c; firsts, 18 V S)18c. Cheese Steady. Daisies, 14 Vfc & 14 c; twins, 14t14V2u; Americas. 1515c; long horns, 15 (gib & c Metal Markets. NEW YORK. June 1. Lead quiet. 1.85 0 3.95. Spelter quiet, 5.05(9; 5.1 5; London, holiday. Cupper (juiet. Spot and August. 13.70 14.00; electrolytic, 14.25; Lake, nominal; casting. 14.00 fc 14.12 Vi. ' Tin steady. Spot 31.20 31.50; August. 31.30 31.60. Antimony, dull. Cookson's, 7.25(7.37Vfc. Iron, quiet. No. 1 Northern, 15.25 6 15.75; No. 2, 15.0015.50; No. 1 Southern. 14.75 15.25; No. 2, 14. 505i-15.00. London, holiday. Chances In Visible Supply. NEW YORK, June 1. Following are the changes in the visible supply of grain in the United States: Bushels. Wheat decreased l.SSO.OOO In bond, increase 42'oon Corn increased 323,000 uats decreased 96,000 In bond, decreased 53,0 00 Rye increased .................... 6,000 Barley decreased 170,000 In bond, decreased 68,000 Treasury Statement. WASHINGTON, June 1. The condition of the United States Treasury at the beginning of business today was: Net balances in general fund $74,151,013 Total receipts Saturday 4 i'j 7S:4 Toral payments Saturday 1,52,570 ine uetict mis liseal year is $38,201,247 auainst a surplus of $0,029,402 last year, ex clusive of Panama Canal and public debt transactions. San X'rancisco Grain Market. SAN FRANCISCO, June 1. Spot quota tions: V.'ulla Walla, $1.55: red Russian, $1.5.1; Turkey red, $1.57 14 i- 1.60; biuestem, S 1.57 141 1.00; feed barley. 93ir97c: brew ing barley, nominal; white oats, $1.264(9 1-27 bran, $24.25 024.50; middlings, $30 31; shorts. $26 S 26.50. Call board Wheat weak. No trading. Bar ley, weak, December $1.08 asked. Pnget Sound Wheat Markets. , TACOMA, Wash., June L Wheat Blue- ste-n, 89c; fortyfold, 86c; club, 85c: red Russian, 84c. Car receipts Barley 3, wheat 22, oats 2. hay 1. SEATTLE, June 1. Wheat Bluestem. SJc: fortyfold, 87c; club. Sc; file. 80V-c; red Russian, 85e. Yesterday's car receipts Wheat 12, oats 2, barley 3, flour 20, hay 1. Minneapolis Grain Market. MINNEAPOLIS. June 1. Wheat July. 90Sc; September, 87c Cash. No. 1 hard 95!fcc: No. 1 Northern. 92Vs9414c; No ' 2 Northern, 90 w. j. 92 V4 c ; barley, 45 a 57c: flax. $1.5Sli & 1.6114. ' Cotton Condition 74.8 Per Cent. WASHINGTON. June l.The condition of the cotton crop on May 25 was 74.3 per cent of a normal, the Department of Agriculture announced today. Condition by states: Vir ginia, S3: North Carolina, 76; Sixath Caro lina, 72: Georgia. 60; Florida, 82; Alabama, S5; Mississippi, S7; Louisiana. S2: Texas, 6.V Arkansas. 79; Tennessee, SO; Missouri. 80 Oklahoma, 68; California, 100. ' Cot tori Market. NEW YORK, June 1. Cotton Spot quiet Middling uplands, 13.75; do, gulf, 14. Sales, 200l bales. Elgin Butter Market. ELGIN, IU,, June L Butter firm, evte. YARD PRICES LOWER Weaker Market for AH Classes of Livestock. DAY'S RECEIPTS HEAVY Prime Steers Quoted at $7.90 as Top Hog9 Sell 15 Cents TJntler Iiast Week's Closing- Quotation. Sheep Also Down. There was a big run at the stockyards yesterday, receipts aggregating 86 carloads, and the market had a weak undertone all around. Declines occurred in nearly all items In the list. Trading In tho cattle market was brisk all day. About 38 loads of steers were sold, 28 of these at $7.65 to $7.85. The top of the market for the day was placed at $7.90, al though a bunch of 21 head of yearlings brought $3.15. Butcher cattle was In bet ter supply than usual. cows rangea in price from $6 to $7, the bulk of sales being at $6.70 and $6.80. Bulls sold from $5 to $5.75, heifers from $5.35 to $7 and calves from $8.25 to $8.&u. The hog market was down 15 cents from the extreme top at the close of last weeK. This severe decline was due more to the quality of the days offerings than to any thing else. .prime nogs are proDaDty nn worth 8 cents. The bulk of the sales yester day were at $7.85 7.90. About lO loads ol mutton material, muauj wethers, went over the scales. The best or these wethers brought $4.75 to $4.85. Good yearlings again sold at $5. Receipts were 875 cattle. 14 calves, zuvi hogs and 891 sheep. Shippers were: With cattle, George aoni- hagen. Roseburg, 1 car; Merrill, Deer Island, 1 car; M. Duket, Condon, 2 cars; J. B. Carter, Condon, 2 cars; W. B. Lowell, Gibson, 1 car; Walla Walla Meat Com pany, Lowden, 2 cars; Peterson Cattle Com pany, Redmond, 7 cars; c.. r.. .rtice, miu- well, 1 car: Clay RobinBon, Caldwell, 2 cars; J. B. Saylor, Echo. 2 cars; F. W. Andrews, Echo, 6 cars; J. A. Jenson, Burley, 3 cars; R. W. Green, Nampa, 2 cars; C. S. Company, Lewlston, 2 cars. With hogs Conley, Union Junction, 1 car; C. J. Hllstron, Weiser, 1 car; Sol Dlckerson, Welser, 1 car; J. Mathewson, Weiser, 1 car; Ed Holcoff. Weiser. 1 car; Kiddle Bros., Union Junction, 1 car; J. O. Cook, Heppner, 1 car; J. Turner, Heppner, 1 car; W. B. Kurtz.' Hunts Ferry, 1 car; J. D. walker, Wasco, 1 car; C. White, Pomeroy. 1 car; a. M. Lloyd, Waltsburg, 1 car; A. Wilson, En terprise, 3 cars; T. Moorelock, Enterprise, 1 car; same, Joseph, 1 car; G. L. Wiley, Los- tine, 1 car; T. B. jonnson, union junction. 1 car. With sheep C. R. Horott, Albany, 2 cars; F. Sinclair, Roosevelt. 1 car; C. xx- palmer, McCoy, 6 cars; J. D. Dlnsmore, Salem, 2 cars; M. E. Wetherford, Arlington. 4 cars; F. Gabel. Hunts Ferry, 6 cars; D. P. Ketch- ura & Son, The Dalles, 6 cars; J. E. Warner, Pilot Rock, 3 cars. With mixed loads J. A. Lauer Bros., Pay ette, 1 car cattle and hogs; Ed Randall, 1 car cattle anu caives. The day's sales were as follows: Weight, frice. 72 hogs 160 $7.85 Weight. Price. 10 hogs... 216 $7.90 14 hogs. . . 119 7.00. lhog... 3SO 7.43 7.70 7.70 7.65 6.85 5.35 6.50 7.63 7.60 7.70 8.50 7.35 5.00 5.23 5.25 5.25 8.25 8.35 7.70 7.70 7.70 7.75 7.86 7.25 301 yearl's S9 4.80 23 steers.. 181 7.85 24 steers. . 885 6.85 22 steers. . 23 7.90 1 sow 455 6.90 7 heifers. 178 7.90 1 heifer.. 135 7.25 25 steers.. 852 7.40 6 steers. . 158 7.80 25 steers.. 118 7.00 4 calves.. ISO 7.00 16 steers.. 160 7.001 1 bull 181 7.90 2 bulls... 112 T.00 3 bulls... 360 6.9U 1 bull 133 7.85 e calves. . 378 6.80 4 calves. . 124 7.85 23 steers. . BMO 6.8U 24 steers.. 108 7.15 24 steers.. 148 7.65 23 steers.. 1217 7.70 22 steers.. 1780 6.75 23 steers.. 112S 7.70 2 cows. . . 1103 7.45 25-cows... 960 7.45) 27 cows. . . 1070 6.001 26 steers. . 1X32 1335 1090 1340 66t 630 1162 968 1322 182 983 5 CO 1335 1330 1500 170 270 1312 1355 1314 1191 1207 1196 1070 1030 1037 1068 1208 840 370 370 91 183 184 189 103 102 176 131 (hlO 1070 818 1080 1210 857 1007 1042 1241 1174 785 .956 1140 1200 1179 1375 1025 1220 540 700 600 1312 1355 1314 103 hogs 2 hogs. . . 87 hogs. . . 6 hogs. . . 95 hogs. . . 5 hogs. . . 4 hogs. . . 87 hogs 23 hogs 1 hog. . ., 1 hog. . . . 79 hogs. . . 17 hogs. . . 8 hogs. . . 143 hogs r nogs. . . 19 hogs. . . 1 hog. .. . 31 hogs. . . 80 hogs. . . 25 steers. . 1 bull . . . 25 steers . , 24 steers. . 1 steer. . . 1 cow. . - 1 steer. . . 19 steers. . 24 steers. . 17 steers. . 12 cows. . . 25 steers. . 1 bull. . . 1 bull. ... 22 steers. . 23 Bteers. . 23 Bteers. . 22 steers. . 99 hogs. . . 210 ewes. . . 25 ewes. . . 268 wethers 265 wethers 222 wethers 222 wethers 101 hogs. . . 1 hog. . . . 92 hogs . 2 hogs. . . 98 hogs. . . 1 hog 65 lambs. . 207 wethers 103 hogs. . . JS hogs. . . 2 hogs. . . 98 hogs. . . 8 hogs. . . 81 hogs. . . 3 hogs. . . 6 hogs. . . 78 hogs. .. 6.80 6.80 6.80 7.70 7.60 6.90 7.10 6.85 6.00 7.90 7.85 7.85 4.75 4.7S 7.90 4.00 1190 7.00 24 steers. 7.701 lhog... 1090 939 1017 1182 1400 1550 1188 1216 7.40 lhog.... 7.70 2 hogs... 6.70 20 yearlings 7.45 100 hogs. . . 5.50l00 hogs. .. 5.75.110 hogs. . . T.Hoi254 wethers 7.85259 wethers 1170 7.851 45 hogs. 1233 7.85 69 ewes... 200 7.90 1 heifer. .. 117 4.0 1 cow 148 6.00 12 steers. . 102 4.85 1 cow . 104 4.85 7 cows... 90 4.80 3 steers. . 91 4.80 12 steers.. 176 7.BO 27 steers. . 350 6.90 23 steers.. 200 7.00 25 bteers. . 325 6.&0 11 yeafngs 196 7.90 21 year"ngs 400 6.90 24 steers. . 81 5.00 1 steer... 96 4.00 20 steers.. 201 7.0 (J -steers.. S70 6.90 17 cows 235 7.00 2 cows 175 7.85 1 steer... 381 6.S5 1 steer. . . 176 7.90 1 steer. . . 340 6.90 23 steers. . 118 7.00 24 steers.. 178 7.90 24 steers.. 370 6.90 7.00 6.00 7.60 6.00 7.00 7.80 7.05 7.65 7.70 7.70 7.05 8.15 7.90 7.65 7.90 7.63 6.35 6.75 6.35 6.35 7.00 7.70 7.70 7.70 2 hogs. Current prices of the various classes of stock at the yards follow: Prime steers .$7.75$8.15 Choice steers 7. 25 7.60 Medium steers 7.00 7.23 Choice cows .................... 6.50 7.00 Medium cows 6 009 6 25 Heifers 6.00 7.00 Light 7.50 8.15 Heavy 6.50(9 7.1S Hulls 4 0((?i 6.25 Stags S.503 7.00 Hogs Light 7.50 7.90 Heavy 6.50'gi 6.90 Sheep Wethers .' 4.250 4.85 Ewes 3.25 4S 4.50 Yearling Iambs 4.50 5.00 Spring lambs 5.60S 6.00 Omaha, Livestock Market. SOUTH OMAHA. Neb.. June 1. Hogs Receipts, 4300; market, lower. Heavy. $7.75 (&7.85; light, $7.707.85; pigs, $7.257.75; bulk of sales. $7.757.80. Cattle Receipts. 2100; market, steady. Na tive steers, $7.508; .cows and heifers. $6.40 0x8.35; Western steers. $6.50S.40; Texas steers, $07.85: cows and heifers, $5.75(9 7.65; calves $S.50& II. Sheep Receipts. 2600; market, strong. Yearlings, $S.50SJ 7.25; wethers, $5,504 o; lambs, $7.758 8.25. Chicago Livestock Market. ' CHICAGO, June 1. Hogs Receipts, 87, 000; market, slow. Bulk of sales, $7.95W8.00; light, $7.808.05: mixed. $7.80(3 9.07 Vi ; heavy, $7,6048.0714; rough, $7.007.75; pigs. $7 7.75. Cattle Receipts, 18,500; market steady. Beeves, $7.40'a9.25; steers, $78.15; stock ers and feeders. $6.358.30; cows and heifers, $3.70frf 8.76; calves, $79.B0. Sheep Receipts, 13,000: market, strong. Sheep, $5.356.25; yearlings,. $6.207.10; lambs. $6.25&S.S0; Springs. $7 9.75. Naval Stores. SAVANNAH, Ga., June 1. Turpentine, firm, 43c; sales, 1070; receipts, 470; ship ments, 57; stock, 18,047. Rosin, firm; sales, 909; receipts, 1092; shipments, 910; stocks. 103,096. Quote: A, B, $3.6714 3. 70: C, D, $3.85; E, $3.90; F, G, $4.00; H. $4.0214: I, $4.10; K, $4.80; M, $4.70; N, $5.20; WG, $5.60; WW, $6.00. SAN FRANCISCO PRODCCE MARKET Prices Quoted at the Bay City on Fruits, Vegetable, tc SAN FRANCISCO, June 1. Fruit Pine apples, $1-50 2.25; apples. Newtown, Pip pins, $1.251.75; Mexican limes, $9010; California lemons, $35. Vegetables Cucumbers, 751.25; green peas. 2 14 5C Eggs Fancy ranch. 2214c; store. 2114c Onions Bermudas. $2; red, $2 2.25. Cheese Young Ajnerrcas, 1414 & 10c; new, 12j1314e. Butter Fancy creamery. 24c; seconds, 23 14 c. Potatoes Oregon Burbanks, 75c $1.10; sweets. $2.25: new, 114 6ZC Receipts Flour, 4064 quarters: barley, 10.2C5 centals; potatoes, 4130 sacks; hay, 63 tons. Coffee) and Sugar. NEW YORK. June 1. -With tho Euro pean markets closed trading In coffee was comparatively auiet today, but prices showed steadiness in sympathy with Brazil. The opening was dull at a decline of 1 to 2 points under scattering liquidation, whtch Vs xeaalix afisoroea rouna me initial in urea, and prices later rallied on European ouying ana local trans support- ine close was firm at a net advance of 3 to 7. Sales. 17.000. June 8.87c: July. 8.97c; September. 9.16c; October. 9.25c; December, 9.40c; Jan uary, 9.47c: March, 9.60c; May, 9.68c. Spot steady. Rio, Nu. 7, 914c; Santos, No. 4. 12c. Mild dulL Cordova. 12616c, nom inal. Raw sugar firm. Molasses, 2.74c: cen trifugal, 3.39c Refined steady. Cut loaf, 5.16c; crushed, 5.05c: mould A. 4.70c: rubes, 4.45c; powdered. 4.30c; XXXX powdered. 4.35c; fine granulated. 4.20c; diamond A, 4.20c; confectioners' A, 4.10c; No, 1, 4c. v Hops, Etc., at New York. NEW YORK, June 1. Hops quiet. State, common to choice 1918. 84i40c: 1912, 150 18c: Paciflo .Coast. 1913. 18&20C; 1912, 15 lie Hides steady. Bogota, 29 30c; Central America. 29c. Wool steady. Domestic fleece, Ohio, 28c. Dried Fruit at New York. NEW YORK. June 1. Evaporated apples dull. f ancy. llis'izc; cnolce, .lu 37 10 '.c prime. 9&9V4C Prunes unsettled. Californias, S141114c Oregon. 10i:12c Peaches steady. Choice, 614 96c; extra cnoice, biuiMc; rancy. ruTsc. Crude Oil Prices Reduced. ' PITTSBURG, June 1. Another cut In the price of crude oil was announced today at the opening of the market- New prices are: Pennsylvania crude, $1.80; Mercer black and Newcastle, $1.35; Corning, $1; Ca bell, $1.40. No change was made in Som erset 'or Ragland. BOND MARKET STEADY TRADE ITT STOCKS HULL AND PRICES rSEVEX. Speculation Retarded by Uncertainty si to Snceesa of MIssonrt Pacific's Note Extension Plan.- NEW YORK. June 1. Missouri Pacific affairs hung like a cloud over today's dull and uneven stock market. The stock fluctuated feverishly and the 4 per cent bonds were strong, but the re mainder of the list moved sluggishly within narrow limits, save for a few specialties, which rose moderately. New Haven repeat ed last week's performance in turning sud denly heavy towards the end and St. Paul also fell a point. The bond market was steady, but the only feature was Missouri Pacific whose Issues rose and held their gains. Total sales, par value, $1,758,000. United States regis tered 2s declined It per cent on call. CLOSING STOCK QUOTATIONS. Reported by J. C. Wilson A Co.. t.aw1 building, Portland. Sales. Hieh. Low. Clone. AUIs-Chal 1014 Amal Copper.. 3.000 7214 71 T4 71 ;4 Am Beet Sugar. 2,900 28 "4 25 25 14 Amer Can Co.. Ooo 271, 2714 27 do preferred.. 800 90;, 9014 90 Am Car & Fdy. 300 61 609i 50(4 Am Cotton Oil 42 Am Smlt A Rtg 300 6314 63 Vi 63 do preferred. 10114 Am Sugar S0O 108 V4 108 107 do preferred.. 112 Am Tel & Tel.. 200 122 H 122 H 12214 Am Tobacco... 228 Anaconda 800 3214 32 82 Atl Coast Line 122 A T Santa Fe -600 9714 9 7 9 7 V do preferred.. 200 1001, 100 10014 Bait & Ohio 1.500 9114 901i 90H Brk Kap Trans. 800 9314 93 92 7s Canadian Pac. . 2,100 J95 194 194 C & 0 200 5114 51 611, C Sc G W ..... 13 C & N W 130V4 C M & St P 90O 10014 99 99 Vi Central Leather 2,000 35 34 "J, 34 Central of N J Soo Chlno 400 41 4114 41 Col Fuel & Iron 20e 27 Vx 27 27 Col Southern 22 Consol Gas 300 128 128 127 OLA W 398 D & K G n Dist Securities. 100 .15 14 : 15 Erie 1,00 29H 28 2S14 Gen Electric 156 Gt North Ore.. 300 S'J 32 32 Gt North pfd.. 500 124 124 124 Illinois Central 200 111 111 111 Interb'ro-Met pf 400 B2 6214 62 Interna Harv 106 K C Southern.. 800 27 26 26 Lehigh Valley.. 700 139 138 137 Louis & Nash 136 Mexican Cent... 1214 M St P St S S M 200 125 124 124 Mo Kan & Tex 17 Missouri Pac... 12,800 19 18 18 National Lead 40 National Biscuit 12S Nev H A & N.. 9,800 67 65 65 T4 N Y Central.... 9O0 92 91 91 N Y Ont & W 2514 Norfolk & West 100 104 104 108 Northern Pac... SOO 111 111 11014 Pacific T & T : 26 Pennsylvania .. 200 111 111 111 Peoples Gas . 100 121 121 121 Reading 9.UOO lt0 104 165 Republic S 4 I. 1,300 23 23 22 Rock Island 300 3 3 2 Southern Pac... 2,300 93 92 92 Southern Ry.... 600 24 24 24 Texas Oil 1.80O 147 145. 145 Union Pacific... 10,000 156 . 155 16". do preferred.. 109 S4 84 83 TJ Rds of S F 14 U S Steel 14,200 61 61 61 do preferred.. 300 109 109 109 Utah Copper.... 1,800 07 56 56 Utah Copper 10 Western Union. 8u0 62 61 61 Westing Eiec... 300 T7 76 76 Wis Central 88 Total sales, 128,800. BONDS. Reported by Overbeck & Cooke Co., Board of Trade building, Portland. Bid. Asked. Atch Gen 4s 95 95 Atl Coast Line, 1st 4s 94 9414 B R T 4s 91 93 Ches & O 4s 9214 92 C M & St. P Gen 4s 102 103 C R I Col 4s..... 33 33 Cal Gas 5s 2 93 C B Q Joint 4s 97 97 Erie Gen 4s.... 72- Int Met 4s 77 77 Louisville & Nash Un 4s.'. 95 95 Missouri Pao 4s 65 68 NYC Gen 83 83 83 N & W 1st Con 4s 94 95 Northern Pac 4s 95 95 Pac Tel 6s 9714 97 Penna Con 4s 100 11 Reading Gen 4s 94 95 St L & San Fran Ref 4s 74 74 So F Ref 4s 92 98 S P Col 4s 90 90 So Ry -5s 104 105 So Ry 4s 73 75 Un Ry Inv 4s 64 66 l"n Pac 1st and Ref 4s 94 95 TT S Steel Cs 102 102 West Shore 4s 92 92 Wabash 4s 62 53 W house Eiec cv 5s 95 95 Wisconsin Central 4s 8S United States 2s registered 97 97 do coupon 97 98 United States Ss registered. .. .101 102 do coupon 101 103 United States 4s registered 109 110 do coupon 110 111 ' Stocks at Boston. BOSTON. June 1. Closing quotations: Allouez 40lNevada Con 14 Amal Cop 71 j Niplsslng Mines 6 Am Z L & Sm.. 10'North Butte 25 Arizona Com... 4North Lake 1 Calumet & ArizC6!Oid Dominion... 48 Cal & Hecla 410 lOsceoia 70 Cop Range C C 36! Julncy 07 E Butte Cop M. 10 Shannon 0 Franklin 4 Vs Superior 29 Granby Con.... 81Sup & Boston M 2 Greene Cananea 33 14 (Tamarack 36 I Royalle (Cop) 20,USSM Ref &- M 34 Kerr Lake 4 do preferred.. 45 Lake Copper.... 6,Utah Consol.... 18 La Salle Cop... 4 Utah Copper Co tiin Miami Copper.. 21;winona a Mohawk 43 Wolverine 40 IButte & Sup 39 Money, Exchange. Etc NEW YORK, June 1. Mercantile paper. S34. Sterling exchange, firm. Sixty days, $4.8575: demand. $4.8SS5. Commercial bills, $4.85. Bar silver 56c Mexican dollars 44c Government bonds easy; railroad bonds steady. Call money steady. 11; ruling rate. 1: closing. 1(1. Time loans steady; 60 and 10 days, t; six months. S. SAN FRANCISCO June 1. Silver bars. S6c; Mexican dollars, 45c; drafts, sight. 92; telegraph, 04. Sterling on London, 60 days, $4.85; do sight. $4.88. Duluth Linseed Market. DULUTH. June 1. Linseed. $1.61; Sep tember, $1.63; October, $1.61; July. $1.02. J.C.WILSON&CO. STOCKS. BONDS. GRAIN ANU COTTON. UEMBEK8 NEW YORK STOCK EXCHANGE! CHICAGO BOARD OF TRADE NEW YORK COTTON EXCHANGE THE STOCK AND BOND EXCHANGE, SAN FRANCISCO. PORTLAND OFFICE: Lewis Building, 269 Oak Street. Phones Marshall 8858. A 4187 ' KANSAS CROP GREAT Enlarged Estimate Weakens Chicago Market. PRICES DROP HALF CENT Spring "Wheat Condition Is Reported to Bo Highest In Years--P ro s -pects In. Europe Are J"ot So Favorable. CHICAGO. June 1. The bears had the advantage today In the wheat pit here. Prices closed heavy and He lower all round. Corn wound up USKe above Saturday night, oats varying from a shade off to He advance, and provisions at a gain of 2 He to 1012Hc. Predictions that the Kansas yield would amount to as much as 180,000,000 bushels had a bearish Influence. Kansaa estimates were based on assessors' returns, showing that out of 9,136,286 acres planted, S.T43, 703 acres would be standing at harvest and would average 20.6 bushels to the acre. A sharp break In prices followed the receipt of these figures. Spring wheat condition was said to ba the highest in years. Ac cording to a leading expert, the percentage Is 96.7 per cent. The number of acres seed ed, however, is 037,000 short of last year's total. Subsequently tho market recovered. helped by unfavorable crop reports from Hungary and Roumania and because of dry weather in "Western Canada. The close, nevertheless, was weak. In spite of the weakness. of wheat, corn developed strength. Fears spread that an acute want of supplies would be felt in th's country before another crop was raised. Oats had a bullish turn, owing to asser tions of irreparable damage in Illinois by the recent drouth. Near the end of the day. though, prices became easier on account of profit-taking by longs. Provisions received good support, notwith standing that the hog market showed a downward slant. Lard especially was strong. The leading futures ranged as follows: "WHEAT. Open. High. Low. Close. July $ .86H $ .87 $ .MH $ -$K Sept 86U .85 Ts .85 H .85 CORN. July 67 H .68 H .67H .68 Sept 65 .66H" .65k .Soft OATS. July 89 .39H .8PH .89 Sept ..... .oo ,3SVt .W .Bo MESS PORK. July 19.70 19.82H 19.70 19.80 oept lu.ev i..o ly.ou iu.t LARD. July 9.70 9.85 9.70 9.82 Sept 9.87 10. OO 9.87 .9.97 H SHORT RIBS. July 11.05 11.12 11.05 11.10 Kept 11.12 U.ln 1L12H 11.17 H Cash prices were: "Wheat, No. 2 red, 9495c: No. 2 hard, 933t'UGc; No. 2 Northern, 9697c; No. 2 Spring. I'S'&tfCc. Corn. No. 2. 70c: No. 2 yellow, 70 Tie; No. S yellow. 70(ij!70c. Rye. No. 2,' 66i&66Vc Barley, 00'tf65c. Timothy, $3,7534.75. Clover. $11?13. Help reduce these troubles with chuck holes and poor pave ments by work ing hard for BiTULlTHIC Bitulithic Pavement Endures TRAVELERS' OrTDE. STEAMSHIP Sails Direct for SAN FRANCISCO, LOS ANGELES AND SAN DEEGO WEDNESDAY JUNE 3D, 2:30 P. M. SAN FRANCISCO. PORTLAND & LOS ANGELES STEAMSHIP CO. FRANK BOLLAM, A Kent. 1S4 Tblrd Street. A 4S0. Main 26. New Coos Bay Line Marshfield, North Bend and Empire Steamship Paraiso SAILS DIRECT Wednesday, June 3d. For pas&age and freight, make reser vations immediately, frank Bollam, Pass. Agent. Main 26. 124 Third St. A 4596. Freight office, Albers' dock, No. 3. Main 5863, A 3318. , TO SAN FRANCISCO. LOS ANGELES AND 8AN IKiO. ROANOKE WEDNESDAY. JUNE 3. COOS BAY ANU tlHKKA S. S. ALLIANCE SATURDAY, JTNE a. NORTH P At UrlC 6IHAMBH1P CO. Ticket Office, tTelcbt Offiee, 122A So. BL. Columbia Dock. Main 1814. A 1814. Mala &203, A 6423 Special Rates to Alaska (Flrst-riasa and Steerage) STEAMSHIP J. B. STETSON Sails Direct Thursday, June 4. 9 TP. M. Make reservations Immediately. SAN FRANCISCO. PORTLAND LOS ANGELES STEAMSHIP CO, Frank Bollam, Ptutnitcf Aseat Main 26. 124 Third St. A-4596. SPECIAL RATES TO SEATTLE STEAMSHIP aalls Monday. Make reser vations immediately. SAN FRANCISCO. PORTLAND LOS ANGELES STEAMSHIP CO. Frank Hollitin, Aseat Mala "!. 1-4 Third St. A-459S. Coos Bay Line STEAMSHIP "BREAKWATER" Sails from Alnsworth dock. Portland. 8 A. M, May IS. 24, 28, June 2. T, 12. IT. 22. 27 Freight and ticket office. Lower Alnsworth dock. Portland A Coos Bay 8. , Lin. II. L. KEATING. Asent. Fnons Mala 3600, JL 332, THE UNITED STATES NATIONAL BANK PORTLAND, OREGON TOUTED STATES DEPOSITORY Capital ... $1,000,000 Surplus .... $1,000,000 jr. O. ATNSWORTH, PveaMea. BARNES, -Vlee-PraMeat, "V. A. HOLT, A. BC WRIGHT, Ajut. Oaaaier. R. W, aCHHBER, Oasaier. P. S. Dtck. We Offer Qfo Portland Improve Lumbermen's Fifth and LADE) & TILTON BANK Established IBS Capital and Surplus Commercial and TAHITI AND HEY ZEALAND The MacnUleant Naw 12.000 Tout Dls. R. EVL S. W1LLOCHRA Sailing on Second TOTsge from San Franetsoo Wednesday, June S4U. 11 A. M.. This xteamrr is the latest and movt modern addition to the throofth service of the" "UNION LINK to New Zealand and Australia, operating reaularly in conjunction with the, R. M. S. TAHITI. 12.000 tons dia.. (sUo new) and Un. R. M. S. MOANA, 10.000 ton dia. $135 SPECIAL SOUTH SEA ISLAND EXCURSION $135 covering; first class transportation, from San Francisco to Papeeta (Tahiti) and return. Native Fetes Celebrated, Fall of Bastile. commencing July 14th - .- Further eailinirs. July 22. August 19, September 16. and every 23 days thereafter. Information ana illustrated pamphlets free on application, . UNION STEAMSHIP CO. OF NEW ZEALAND, LTD. BIND, BOLPHJe CO., Oensral AcenU. Offlc, T Markst St,. San Francisco, CaL r La cal R, It. a 9. S. Asrrata. it T Lk B E i II . ' I I t I M m II V R M k B ttA a I s- 111 r! a 1 1 M t3& III I 1 F-5 II F T-er-S""'' ' Sailing", from New York every Wednesday. 19 A. 11. I Mi-,'LEiLirNoLa Savoie, Wei, June 10 Sailing", from next i SA1LIXQ - LA PROVENCE. JD 17 LA SAVOIE July 1 fFRANCE (new) July IS tFKANCK mewl Jn Se LA LOKBA1XE, July 8 I..V PROVKM E, Jy. 23 Twin-screw steamer. tQuadruple-screw steamer. SPECIAL SAIIKDAI SAILINGS FKOM NKW YORK. 3 P. M. ciui CLASS CABIN (11) and IH1KD-CI.APS Passengers Only. NIAGARA June IS fROCHAMBEAC .June 20 "X W. Muter, 80 6th St.: A. I. Charlton. 335 Morriaon St.; E. M. Taylor. CI. M. St. P. Ky.: Horsey B. Smith. H 6th st.; A. c. Sheldon. 100 8u St.; H. Dickson, 84 H Washington St.; "orth Hank Koad, 6th and Stark sts.; K. U "Walker, agent Union Pacific Kailway. TRAVELERS GUIDE. White Star Line tJLYB e I ON DON JUNE 30 r OR pjfi JS Jl'lV 11, ACQ. 8 AUG. ," SEPT. 19, OCT. 10. Via Plymouth Cherbourg Southampton OTHER SAILINGS. Oceanic Jane lSIOreanlc July 4 Philadelphia Jn. 2SjNew York, July 11 American Line bteamer. 'ew York QueenMowo LiverpooL Adriatic ...June II Celtic June Z5 Cedxio .... June 18 Ualtic July 2 Boston Queentnwn Liverpool S52.50 up, according to steamer. Arabic Jane 16(')mric June 30 JSodton Mediterranean Italy Cretic. June 27. Aag. 1. Canopic, July 11, Aug. 20. AMERICAN LINE One-clans Cabin (ID service. $35 up. plvmoutJ- Cherbourg iSouthiwnpton St. I'aul....June It PtUladclphltt, Ja. 6 New York. .June l&iftt. LouU. . . .July 8 ATLANTIC TRANSPORT LINE New York, London Direct. Minnehaha. June 13 Minneapolis. June 17 Minnetonka. Jn, S0iMlnnewaka. July 4 RED STAR LINE New York Dover Antwerp Finland ...June 13'Zeeland ....Jane 17 Lapland ...June 20,Kroonland. ..July 4 WHITE STAR DOMINION Montreal Quebec Llrerpool ONLY TOCB DAYS AT SEA BY THE Largest hteamern From Montreal Canada ...June 13 Teutonic ...June 27 Laurentlc ..June 20,Megantie ...July 4 fiend for folders of beautiful bt. Lawrence route to Europe. A. E. DISNEY. Passenger Agent. Rail way Excbange Bids'.. 619 Second Ave.. Seattle. - Telephone Main lis or Local Kailway and steamship Agents. 8. 8. BEAR, For SAN FRANCISCO LOS ANGELES t A. JL, June 4. The San Francisco A Portland S.9. Co., id and Washington Kta. (with O.-tV. R. M. C o.) Tei. .Mamball 45QO. A 612L Useful mip of Great Britain FREE. Ala Illustrated book of tours oa the GREAT WESTERN RAILWAY OF ENGLAND X. Katcley. Gob, Act, U Hb Arc. M. X. OFFICERS Cashier. Caaalm ll INCOME TAX EXEMPT ment oonds General Obligation of PORTLAND, OREGON Price on Application Trust Company Stark Streets S2.000.000 Savings Deposits Compak4nie Generate Transailantlque Direct Line to Havre-Paris (France). New York every "Wednesday. 19 A. M. c xr j t in ua'Ulc, sscu vuuc av TRAVELERS" OUIDR. Going to Beaver Lake SASItATCHEWAN'S BIO NEW GOLD CAMPt Tour nearest way is via PRINCE! ALBERT, SASK, tha "All Down -Stream Route" Direct regular steamer sailings tiy fine passenger packets, "Marcia E ' and CJeorga V, running ttvlca weekly from Prince Albert to Gold Camp. Other boats now being- con structed. Complete outfits can be bought here. Ample hotel accommodation. ASK NEAREST RAILROAD AGENT FOR QUICKEST ROUTING TO PRINCE ALBERT. Details From Secretary, BOARD OF TRADE, Prince Albert, Sask. If! AM HI v-a g? a -m 1 a 1 y,, -.-mi i n isnr 1 1) nmr irri ) 1 U Li Royal Mail Steamships "The Lin of Good Service. SCENIC ST. LAWRENCE ROUTE Tho NEW TIKHINE Quadruple-Screw S. S. "ALSATIAN" and S. S. ' CALG ARIAN ' LARGEST KI N EST KASTEST CANADIAN KOl'TE 3 Weekly Sailings Montreal-Quebec Liverpool-Glasgow-Havre-London Oeeaa faaaage Less 1 nan 4 Daya. Summer reservation lists now open. Karly bookings recommended. Send for descriptive Booklet "G." For full par ticulara as to sailings, rates, etc. apply to Local Agent or ALLA. at CO, Geaeral A a rata. 127 .North Dearborn Street. Chicago. ARRFWTINE i1 Tam PORTA HQ LTUNE And all Brazilian Porta New sad Fut (12.KW ton) Pmiiu Rtaamsrs from New York ewr sltaroata Saturday IT DAYS TO EJO JASKlRO. 3 DAYS TO BTTNOS ATRES. BUSK Jb DANIELS. Cam. Acta, Bnasway. M. V. Doraey R. Smith. Sd and Washingtoa Bta, Or Local Agents. faSEn