Morning Oregonian. (Portland, Or.) 1861-1937, March 10, 1915, Image 17

Morning Oregonian., March 10, 1915, Page 17, Image 17

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Newspaper Page TextTTTE 3IORXTXG OREGOXIAN. WEDNESDAY, MARCH 10. 1915. 17 WHEAT ADBS TO GAIN ilf EUROPE IS IGNORED I I Predictions Wade That Top Prices Will Be Repeated. MARKET CLIMBING FAST April Delivery SHls on Local Ex change at Advances of Four to Six Cents Coarse Grains Are Also Firmer. The rhrat market l on WldeJ upward lant and prediction are again b'ins made br -ns d-alers tiat the hlrh prices of the aaaaon. arored In Fehruary. will be repeated. Tlian waa a further j-sln of 4 to centa In local prlcea jeeterday. bat the market will mill have to climb 19 centa before It will to last month's record. Thirc thousand bulhels. ail of April de livery, were sold at the Merchants' Ex ehanre session yesterday, as followa: Bushel g oon April Mnesrera ? f-1 R.nno April rortyioia in.non April clnb J t!,, .w0 April club J .2' R.OOO April Russian l-ss The bluestom, fortyfold and red iheat sale, were at a fln of centa over Mon aye values, and clnb sold 4 and 4H cents hlsrher. Bids elsewhere In the list were at advances of 1 to cents. Holders were firm, and except where sales were effected, the askini- prlcea were SVi to T centa above the I nrlcaa. No business was transacted in the feed rain division, but bids were raised 75 centa to X2 over Mondays flsrures. The strength of the Eastern wheat mar ket, which was reflected here, was due to tha arrent export buylnc, which statisticians declare cannot be kept up at the present rate without exhausting reserves long before the new crop Is available. ForeJcTt crop conditions are summarised r Broomball as follows: United Klncdora Wet weather la pre venting sowing for the new crop and native offers are smaller. Stocks are d'crraslns. France TVeather unfavorable for the erors. a rain hinders sowlnK. Native offers are smaller. Germany Weather unfavorable for the new crop and prolonged wet weather has caufed apprehension. Fotatoes are scarce. Russia Hood snow cover snd crop pros pects senerally favorable. The outlook in Ianubian countries la fine. Italy Out agent confirms crop damage as - result of continued rams. It is officially reported that it will be necessary to further Iriport "-n.nnO.POO bushels or wheat. Tins figure is much larger than generally thought. ain Drouthy and crop prospects are un favorable. India Weather and crop outlook good. Our aient estimates the exportable surplus at 1M.00O.0OO bushels. An official report for tlie foiled I'rolnres places the condition nin.ll' from Si to 100 per cent. Argentina Weather has been very un favorable for all harvested grain and the iuamv merchantable has suffered ma terially. Local receipts, in cars, were reported by the Merchants' rtxehango as follows: Wheat. Barley. Flour. Oats. nay. Bank Clearings. Bank clearings or the Northwestern cities yesterday were as follows: Clearings. Balances. Vortlanfi S1.3::2.T. ill7,vi7 Seattle l.Sf.2.L'n 1SS.314 Taroma 3i.;,.".:.' 5;l,0-; Spokane 53:i,U7 31. 0UU PORTLAND MARKET QUOTATIONS ' Grain. Flour. Feed, Etc. Merchants Exchange, noon session. Frompt delivery: Wheat Bid. Bluestem 1.3S Forty-fold 1.38 Ciub 1.36 Red Russian 1.1' X Red fifo 1.34 Oats No. 1 white feed SS.OO Barley No. 1 feed J7.00 Bran 23.5U Futures April biuestem 1.43 'i May biuestem l. April forty-fold 1.42hi May forty-fold 1.43 April clut 1.41 "4 May club 1.4" Hi April n-d Russian 1.34i May Red Russian 1.37 -M.ril rod fife 1.3i Mav red file 1-3 April oats r.4.co -May oats ...oo April reed barley 2.i)0 May fet-d barley :9.O0 April bran l!ii.UO FI.UL.K l'alents. Si a oarrei Ask. 1.45 1.45 1.4S 1.34 1.39 3;. oo S1.00 l'6.ii0 1.4S 1.50 1.45 1.4S 1.43 1.4C 1.3 1.41 1.42 1.4.1 r.:. on S..ri :i.nf 3. till 27.00 straights. Wall Street Turns Its Atten tion to Mexican Situation. TRADERS ARE ALARMED Market Becomes Firm and Stocks Advance "When AVashington's Vnclianged Policy Is Verified. Foreign Bond Sales Fall Off. Portland 2 3 3 1 Year aso. . . . 4i; ft . . . . 10 fWn to date.1-.14 11? KM ISIS Year -.... 14.4M SIS." 215 140S 214:i Ta-oma. Mon. Is .... " H year ago... .' 3 1 , Sean to date. r-n 47 . 2rtf. a-ago 7,S 644 37rt IMS Seattle. Sat... 47 5 11 12 IS Year ago ! 4 1G 2, Fea n to date. ..-.:: !!7 17ri 1ri! 4vi7 Year ago.... 8,"X'l !:H l."2 !'.". TRADING CITECKEO IN HOP MARKET Kxpart Buying Case rending Trans-Atlantic embargo. Business has come to a stop In all the Cbast hop markets. .Spot stocks are very mail and growers are Indifferent about selling. At the same time, the demand has been checked by the embargo. Dealers look en thla condition as only temporary. London hop dealers' trade circulars say: Wild. N-eame fc Co. A strong demand still renttnuea and a further advance in values Jpaa taken place during the week. Manger & Henley A good demand con tinues at steadily advancing figures with In dications of prices going still higher for the few hops that are left. Thornton A Manger The market remains firm at the full advance, but business is slower In consequence of the higher prices. a rood inaulry. however, continues, cur rency is "r&s to 115s. W. It. & H. Ue May The market still continues active and values have again hardened on the week. Stocks are exceed ingly short. Worcester A good demand continues for " and higher prices have been waid for those lots that holders were dined to offer, most growers ell at present. Imports of hops Into Great Britain, less exports, for the months of September to January, both inclusive, wore 60.6S3 cwu., as azaliun 10S.J2S cwt, during the corre sponding period one year ago and 19i,0 cwt. two years ago. GRAIN REMAINING ON OKLIHIN FARMS More Wheat Than Year Ago, But Less Bar ley and No Oats. The Oregon state crop report for March. Issued by the Department of Agriculture, estimates the amount of wheat on farms on March 1 as I.S30.0CO bushels, compared with 1.727.000 bushels a year ago and r.08T.0'O bushels the four-year average. Oats. March 1, 1913. none; March 1, 1!M4, S.016.000 bushels; average. 3,73(5,000 bush ela; barley. March 1. 1115. .".10.000 bushels; March 1. 1914. SS2.000 bushels: average. IS.0OO bushels; corn, Mareu 1. 1915. 39.000 bushels: Msrch 1. 1014, 7S.0OO bushels average. 70,000 bushels. Prtcrs to Oregon producers on March- 1 1913, and March 1, 1914. are given as follows: 1913. Wheat Corn M"1 Oats 30 Hr;ey 7 Rye 117 roiatoes 70 Hsy !.0 Butter SI F.gas 'hukens 1-7 I6..-.0: whole wheat. 7.20: graham. i. MILLr tD bpot prices: iimu, .i.w:i .30 per ton; shorts. J29.30; rolled barley. 1.12 S3. C'OHN Whole. 13 per ion; cracaea, tJD per ton. jiay Eastern uregon iimomj, invm. valley timothy. 112.30; grain hay, iu; alfalfa, 112 13. Fruits and Vegetables. Local jobbing quotations: TROPICAL. FRUITS Oranges, navels, 12'3 2&0 per box: lemons. 12.23 IM-SO per box; bananas, efce per pound; grapefruit, $3' 3.60; pineapples, 6c per pound; tan gerines, 11.23 'a 1.73 per box. VEGETABLES Cucumbers, hothouse. $l.25'i1.3o dosen; peppers, 5035o pound; artichokes, 73c per dosen; tomatoes, 14.&0 per crate: cabbage, l'itfSlic' per pound; celery, 13.75&4 per crate; cauliflower. 12 per crate; sprouts. 8 9c per pound; head let tuce, 12 per crate; hothouse lettuce, 73c per box; squash, lo per pound; spinach, fl.L'3 per box; hothouse rhubarb, 1012e per pound; asparagus. 20 22 c per pound; egg plant, Roc per pound; peas, 186720c. UREE.N' FRUITS Apples, 50011.50 per box: cranberries. $11012 per barrel. POTATOES Oregon, tiff 1.10 per sack: Yakima, $101.25: Idaho. $1.10; new pota toes. 10c per pound; sweet potatoes. 3)4 &3!4c per pound. ONIONS Oregon, selling price. $1 per sack, country points. HACK VEGETABLES Carrots. $1.25 Per sack; beets, $1.50 per sack; parsnips. $1.25 per sack; turnips, $1.7.1 per sack. Dairy and Country Produce, Liocal Johlilng quotations: EOGH Frejh Oregon ranch, case count. 13V$19c, according to quantity; candled, joe POULTRY Hens. 13il44c: broilers, ! f 20r: turkeys, ilrensed. 20c; live, 13c; ducks, U)rl4r; getse. SlilOc. lilTTEIt Creamery, prints, extras, 34c per pound In case lots: Vfec more In less than case lots; cubes. 2Sfir29c. CHEESE Oregon triplets, jobbers buying price, l.ic per pound, f. o. b. dock, fort land; Young America. 16c per pound. VEAL Fancy. 13'?lSttc fOUK Block, iH-tiluc per pound. ln- objecting to btaple Groceries. Local Jobbing quotations: SALMON Columbia Kiver one - pound tails, $2.30 per dozen; half-pound flats, $1..0; one-pound flats. $2.50; Alaska pink, one pound talis, $l.t5. HO.VEV Choice, 3.25 per case. NUTS Walnuts, lA.24c per pond; Bra sll nuts. 15c: filberts. 15-24c; almonds, 23 5p24c; peanuts, 644c; cocoanuts, $1.00 per dozen; pecans, 1920c; chestnuts, 10c BEANS Small white. oVjc; large white, 6Wc: Lima, 6tac; pink, 56c; Mexican, tttac; bayou, 64c COFFEE Roasted. In drums, 18H33i4e. Sl'GAK Fruit and berry. $6.30: beet, $6.10: extra C. $5.so; powdered. In bar rels, $11.55: cube, barrels, $8.70. SALT Granulated. $15.30 per ton; half ground, 100s. $10.75 per ton; 50s, $11.50 per ton: dairy. $14 per ton. RICE Southern head. 64 9vic; broken. 4c per pound: Japan style, 4ft'5c. DRIED FRLITS Apples, sc per pound; apricots. 13 15c; peaches, 8c; prunes, Ital ians, bs9c: raisins, loose Muscatels. Sc; un bleached Sultans, 7Wc; seeded, 8'g9c; dates, Persian, loc per pound; lard, $1.65 per box; currants, 8 4y 12c. Hops, Wool, Hldett, Etc. HOPS 1914 crop, 13I5c; 1913 crop, 13514o per pound. HIDES Salted hides. 15c; salted bulls. 10c; salted kip. 15c; salted calf. 19c; green hides. ISSsc; green bulls, 9c; green kip, 15c; green calf, 19c; dry hides, 26c; dry calf, 2So. WOOL Eastern Oregon, coarse. 224j25c; Eastern Oregon, fine. 18v0c; Valley, 25c, nominaL MOHAIR New clip. 26 27c per pound. C.ASlABA BARK Old and new. 4 fee per pound. PELTS Dry long-wooled pelts, 13c; dry short-wooled pelts, 10c; dry shearings, each. 0fefl5c; salted snearings. eacn. laKP2Ac; dry goats, long hair, each. 12tvl2fec; dry goat shearings, each. 10fe20c;; salted sheep pelts, February, J1S1.0O each. Provisions. HAMS All sizes, 17H18i4c; skinned, 17 6ISc; picnic, 12c; cottage roll. 13ttc; broiled. 19jz2C BACON Fancy. 272Se; standard. 239 24c; choice. 17H;22c; strips, 174c. DRT SALT Short clear backs, 1315Mo; exports. 15'4i17c; plates. UH&13C LARD Tierce basis: Kettle rendered, 12Vc; standard, 12c; compound, 8 Tic BARREL GOODS Mesa beef, $23; plate beef. $24.50; brisket pork, $28.50; pickled pigs' feet, $12.50; tripe, $9.50011.60; tongues, $2330. Oils. KEROSENE Water white, drums, barrels or tank wagons, 10c; special drums or bar rels, 134c; cases, 17Vi20Vic GASOLINE Bulk, 12c: cases, 19c; engine distillate, drums, 7tc: cases, 14fec; naptlia, drums. 11c; cases, 18c LINSEED OIL Raw, barrels, 71c; raw, rases, 76c; boiled, barrels, 73c; boiled, cases, 73c. TURPENTINE In tanks. 60c; In casts, 7c; 10-case lots, 1c less. NEW YORK, March 9. For the first time since the outbreak of the European war condltitine across the water were today almost wholly subordinated to events nearer homo. Latest developments in the Mexican situation, as seen In the attitude of the Washington Government, drew renewed tention to affairs in the Southern republic and excited concern in financial circles'. Prices became firmer when It became known that Washington had not departed from Its policy of non-intervention in Mex ico. Recoveries to the early high level were recorded, but trading grew Increasingly dull with few material changes at the close. Retirement of the Gould or dominant In terest from the Missouri Pacific and St. Louis Iron Mountain roads was reflected by considerable activity at advancing prices in securities of these properties. Later, however, profit taking In Missouri Pacific caused some shading of quoted values. Manipulation continued in the so-called commercial specialties. Including the -motor shares. Sears-Roebuck, Woolwortli and ex press company Issues, but was wttiiout ei -feet on the speculative favorites, where the movement was more narrow. The feature of the foreign exchange mar ket was the strength of remittances 10 Madrid. pfetns advancing snsrply to cause of an abrupt decline In sterling at the Spanish capital. Because of the large amount ot uio capital now held by local banKs. time money was dull, six months' loans being made at !, per cent. Sales of slocks for the day totaled 209,100 shares. There was marked decrease of future or foreign sales of our bonds. Our bankers an nounced an impending loan of $lf..OOO.00 to tho government of Switzerland In the form of one to five-year 5 per cent notes, the proceeds to be used for -purchases In this country. The notes will De ouerra to im public at a price slightly under par, accord ing to report. Total bond sales, par value, aggreagtea ;.417.iOO. United States bonda were un changed on calL CLOSING STOCK QUOTATIONS.. wu'Bitia Sales. 1 :ioi 5.300 l.oiio 9'JO 1914. $ .' ..;9 .30 9.20 .3;( .133 DEMAND FOR EGGS EXCEEDS 8UPn.Y lxal Market la Firm and mall Advance 4s Probable. The egg market is a shade firmer with some prospect of a small advance. . The speculative demand, both local and North ern, keeps the supply here closely cleaned up, and consequently sellers are trying to obtain better prlcea Tho next day or two will determine the success of their efforts. There was a better Inquiry for poultry and receipts were not heavy. Large hens sold at 14tfl4Ss cents and ordinary hens at 13 & 13 Si cents. Geese and ducks were slow. White geese were quoted at 12014 centa and runners at 106 11 cents. Turkeys were worth not much more than hens. Dreased meats were also firmer. Dealers asked 10 cents for the best block hogs, and top vtals were quoted at Ujl2j cents. There were no chances In tha butter and cheese markets. MW-CKOP CABBAGE IS IN MARKET First Car Arrive From Southern California. Oranges Are Firm. V The first car of new cabbage of the sea son reached the street yesterday from Los Angelee. It was of the Cannonbail variety and the quality waa good. It sold at :& eanta a pound. A car of Wlnningstadt cab age la In transit and will arrive the latter part of the week. A car of head lettuce also arrived. . Seven ears of oranges were on the steamer Coffee Futures. NEW YORK, March 9. Coffee futures were lower today under some scattering liquidation and a little trade selling, which may possibly have been inspired by the con tinued large Brazilian receipts and turtner heavy clearances from Brazil to the United stales. The market opened at a decline of two to three points and closed at a net Ios3 of seven to 13 points. Sales, 13.000 bags. March. 5.54c: April, 3.62c; May, 5.69c: June, 5.72c; July. 6.73c: August, 6.82c; September, 6.Me; October, 6 9,".c; November. 6.99c; De cember, 7:0."ic January. 7.09c. Spot, quiet; Rio, No. 7, 7c: Santos, No 4. Nc. The Brazilian markets were unchanged. Naval Stores. SAVANNAH, (in.. March 9. Turpentine, 4-c. sales, JFT I'arr.-is; receipts, 6; shipments, 22: "locks. 21,1"7. ftosin llrm. ShIos, 352 barrels: receipts, 208; shipments. 3"0; stocks, 119.72S. Quote: A, B. $2.90: C. D. $3.02 : E, F. G, 11, 11.07'-: I. 3.124: K. $3.224; K, $4; N, $5; WG, $3.45; WW, $5.55. Metal Markets. NEW YORK. March 9. Tin, nominal, five-ton lots, 47.00'51.0t"c. Copper, firm; electrolytic, 14.75 14. 87c; casting, ll.25iM4.62c Iron, steady and unchanged. I.cad, 8.90W 4.00c. bpelter, 11.40c bid. Alaska Gold . . . Amal Copper . . Am Beet Sugar American Cn .. Am Smel & Ilef do preferred. . Am Sucitr Hef.. Am Tel & Tel. . Am Tobacco Annconda Mill .. Atchison P.alt Jc Ohio . . . Brook R Tran.. fa! Petroleum .. Canadian Pac Central Leather 'lies & Ohio . . . Chi Gt West . .. C. M c St Paul. Chicago & N W rhino copper . . Col Fuel aV Iron Col A Southern. . D &- R Grande . do preferred.. Distillers' Secur Erie Gen Electric . . . Gt North pf . . . Gt North Ore . . Guggenheim Kx Illinois Central. Interbor Met pf Inspiration Cop. Inter Harvester. K C Sout hern . . Lehigh Valley .. LouLs & Nash . . Mex Petroleum. Miami Cooper .. Mo Kan & Tex. Mo Tactile Nat Biscuit ... National Lead .. Nevada Copper.. N Y Central . . . N Y, N H H.. Norfolk A- West Northern Pac .. Pacific Mail Pac Tel & Tel. . Pennsylvania ... Pull Pal Car .. Ray Con Copper Reading Republic I 8 Hock JBlana t o. do preferred.. St I. & S F 2 pf Southern Pac .. Southern Ky . . . Tenn Copper . .. Texas Company Union Pacific . do preferred. U S Steel do pretorrea. . Utah Copper . .. Western Union. Westing Elec Total sales for the day. High. 30 40 WO KO0 ::0 2"0 1.5O0 1.0OO 1.400 1.100 2.4(X 500 400 'r.on 200 700 400 ' '400 210 500 1.500 400 400 1.7O0 500 200 4 1)00 1,600 2.100 200 4.oo ;ioo 200 IS. 100 300 :. sno 3.200 7,300 2o Coo !lO0 200 1.100 18.400 200 4,200 2.000 3.000 300 1.500 26.700( 400 1,3110 800 C4 io2 ' 1204 224 . 2D Vi 9V4 tii 87 i 17H I6OV4 34 42 Vi 'S7T4 122 Vs 361 24 ?i 11 . 22 141 nr. 325 51 104 H 5;if 20 U 1 Vi 11s 07 Vi 20 s, 10 Vi 12!. 121 MS 13 84 flSH 1"21 104 1or.4 151 17 140 V. "" Low. 30.i r.4Vj .-.', 27 Bid. 30 'i 54 -i 3!v. 27 V, 10I"i 120 'i 2224 2m 95, OS 87 1". 159 42- R7vi 1221, 35 24 Vi 1114 9 . 22 140 ?i 115 31V 51 104 59 10 134 113 ! 20 i lOVa 12 120H 54 12H S3 51 102'. 103V4 105 151 1714 145 Vi R.-.'A 2sv; 135 '4 120 4M4 lli5 53 63 Ts 84 '4 15 27 135 119 '45" ' 1044 53 03 102 1014 120 222 95 07 '4 87 17 159 334 41 10 87 122 14 3.1 23 24 11 140 115 31 50 li:i .ill 19 j 113 22 134 113 117 20 10 12 119 1 54 12 S3 52 101 1(12 19 23 105 150 17 145 20 '4 1 3 '4 84 154 27 134 120 79 45 14 104 Statement of the Condition of The Northwestern National Bank Of Portland , At the Close of Business March 4, 1915. ' RESOURCES. Loans and Discounts $1,908,711.32 United States Bonds , 50,000.00 Stock in Federal Reserve Bank 11,500.00 Other Bonds and Securities 577,965.57 Furniture and Fixtures 74,966.68 Cash on Hand and Due from Banks 1,347,980.72 $3,971,124.29 LIABILITIES. Capital Stock paid in $ 500,000.00 Surplus and Undivided Profits 111,108.68 Circulation 148,750.00 Deposits 3,211,265.61 $3,971424.29 Statement of the Condition of Portland Trust & Savings Bank At the Close of Bnsinesa March 4. 1915. ' RESOURCES. Loans and Discounts ...v...$ 743,539.73 Bonds and Stocks 135,078.0 Real Etate and Furniture and Fixtures 249,316.94 Cash On Hand and Due From Banks 452,873.63 $1,580,808.79 LIABILITIES. Capital Stock . $ 300,00000 Surplus and Undivided Profits , 53.35043 Deposits 1.227,458-68 $180JB08.T DIRECTORS OF BOTH INSTITUTIONS: H. L. Plttock, Chairman of the Board; L. B. Menefee, John Twoby, A. D. Charltan. George H. Kelly, A. S. Nichols, O. L. Price, J. D. FarrelL F. W. Leadbetter, Emery Olmstead. Combined Deposits, $4,438,724.27 EXPORTS TOO LARGE Foreign Buying Will Exhaust Wheat Reserves. EXCITEMENT AT CHICAGO 204,200 shares. BONDS. U S Ref 2s, reg. 9SX Y C G 3s, b 80 do coupon 98iNor pac :ta 414 U S 3s. re- 101 do 4s 91 do coupon 101 Union Pac 4s... S9 USX 4s, reg. .109iSo Pac Con us.. 97 do coupon. .. .11QI Money. Exehallgc, Kir. NEW YORK, March 9. Mercantile paper, Sti ffiu.'lUo. FterlliiK exchange, easier: 60-day bills J4.70: for cables, $4.6110, for demand, M-8063. Bar sliver. 50c Mexican dollars. 3Sc. t Government bonds, steady: railroad bonds, Irreirular. Time loans, steady; 60 days. 2iS24 per cent: 90 duvs. 3 per cent: six months, d l per cent. Call mor.ey steady. High, 2 per cent; low, 1 per cent: ruling rate, 2 per cent; last loan, a per cent; closing old, 1 per cent: offered at 2 per cent. SAX FRAXCISCO, March 9. Silver bars, POc. Sterline. 60 days. J4.70; demand, e4.8094 ; cable, 4.S1. LONDON. March 9. Bar silver, 23 9-16d per ounce. Money, 1 per cent. Discount rates, short and three months, 1 per cent. Prices Close Strong1 Willi Advances Up to 5 3-1 Ocitts Scramble to Get Grain Causes Runaway Market. CHICAGO, March 9. Assertions that ex ports of wheat from the United States were progressing at a rate about twice as rapid as' conditions would warrant sent the market today to a much higher level. Reactions did not prove of a lasting sort, and there was a firm close at c to 5"4c net advance. Corn finished c to Vic down; oats a shade to o up and provisions off 10c to S7c. It was a runaway bull marKet in wneai at the start and again in the final hour. The Government report on farm reserves, as construed by a well-known authority, waa said to show that the United States could onlv spare 4,000,000 bushels weekly from now until the marketing of a new crop. As this would be less than half the present rate a scramble to buy took place. Corn was inclined to drag because of the slowness of cash demand. Weakness of corn put a handicap on oats. Enlarged receipts of hogs today acted as a weight on the provision market. It was said there was prospect also of an i creased movement throughout the West. treading futures ranged as follows: July Mas- July May- July recelpl5i Wheat 104, oats 1, barley 0. 1.1. flour 5. hay SAN FRAXCISCO PRODUCE MARKET Trices Current in Bay Clly on Fruit, Veg etables, Klc. SAN FRANCISCO.. March 9. Butter Creamery. -4c: firsts. 25c; seconds, 22c. Rsss Fancy ranch. Uu; pullets, 18c. Cheese New, 8fa' lc; Young America, 13 15 c; Oregon's, 14 c. Vegetables Bell peppers, 7(fi535c; hothouse cucumbers, 30c ji xi.io; eggplant. 4oc; peas, Oifrllc; asparaeus, 1- '3 loc. Onions Yellow, 65 85c vrnit T.emnns. 1 1.S06; 2.50: bananas. Ha waiian. $1.50''ti''i; pincHPples, do., Sl.r.0'i2.ri0; California apples. Pippins, O.iCv'S.ic: Belle fleur 25ia50e: other varieties, S075o: do. Oregon Pippins, $1(8)1.25; Spitzenbergs, $1.36 iil. 50; Baldwins, 75c$l; Wlnesaps, suo IS? 41.10. Potatoes Burbanks, Oregon, $1.401.&0: delta. $1.1043.1.20; Northern, $1. 10' 1.-3; Lompocs, $I.'i.Vq 1.S0: Iduho. OOcii Jl.SS; sweets. $.25(rt:2.75; new. 6c per pound. Receipts Flour. 070 quarters: barley. 1200 ceutuls; potatoes, lfifaO sacKs; hay, 199 tons. Sugar Market. NEW YORK. March 9. Raw sugar, easy; centrifugal. 4.71c; rrolasse-i sugar, 3.94c. Re fined nuiet. Late in the day sales or x- ooo bags of Porto Rico sugar were made on the basis of 4.4c for centrifugal. Molasses sugar eased off to 3.87c. Tlulillb Linseed Market. DUIUTH. March 9. Linseed, cash $1.85 May, 51.804; July. $1.87. flops at New York. NEW YORK. March I). Hops Quiet Open. High. Low. Close. WHEAT. $1.61 $1.65 $1.51 $l.5ri 1.20 1.22 1.19 1.22 CORN. 74 .74 .72 .73 70 .76 .75 .75 OATS. 57 .58 .56 .57 51 .63 .52 .53 MESS PORK. P- llried Fruit at New York. NEW YORK. March 9. Evaporated plea, quiet. Prunes, easy; California. 401Oc. Peaches, weak: choice, 5(S5c; extra j choice. 55c; fancy, 8'4& uc. Chicago Dairy Produce. CHICAGO, March 9. Butter Lower. Creamery, 21(628c. Eggs Lower. Receipts. 15.855 cases. At mark, cases included. 117c; ordinary firsts, 10c; firsts, 17c. Cotton Market. NEW YORK, March . Spot cotton. Quiet; miduplands. 8.75c. Kales, 200 bales. Oregon National Forest Maps Ready. The United States Forest Service has rn hand a supply of Oregron National Forest maps. The Oregon National Forest lies in the northerm portion of the Cascade Mountains in Orefon. extendi-!--: from the Columbia Kiver southward to ' the divide between the Clackamas and Santiam rivers. This map shows the Bull Run forest, from which the City of Fortland obtains Its water supply. NO TAX REFUND ORDERED School Board Only . Enjoined From Further Sylvan Collections. The school district, under a decree itrned yesterday by Circuit Judsre Kavana.ugh, will not have to refund to tho Sylvan district approximately $3000 in taxes collected when It was supposed Sylvan was a part of the City or Fort- land. The decree was entered in the suit of H. L. Keats and others against Sheriff Hurlburt. Tho City of Portland will have to refund its share of the taxes collected from Sylvan property owners . under another ruling;. The suit grew out of the consolida tion which was declared illegal by the courts. Judge Kavanaugh's decree enjoins the collection of any more taxes by the School Board. PASCO SEEKS SEWER FEE Xo Payment Made for Courthouse Connections, Records Show. PASCO, "Wash., March 9. (Special.) No fee for the new Courthouse's sew er connections with the city system ever was paid. It was learned this week, and no sewer charge was ever made for the block on which the Courthouse stands. There is no record of a permit ever having been Issued to the Court house for connecting with the city sewer. A flush tank was removed in making the Courthouse connections, which caused a partial blocking of the sewer main on that street, and In repairing this the other facts were brought to light. The City Council adopted a reso lution asking the county to pay Its fees for connecting and the charge for sew erage privileges and to restore the flush tank which was removed. May July May July ..17.S0 ..18.22 . .10.52 . .10.80 17.S5 18.32 LAUD. 10.50 10.82 17.65 18.05 10.47 10.72 17.65 IS.Oi 10.52 10.77 May 10.17 J uiy 10.10 10.37 $1.53 61.55; No. 1 477,000 bushels passago higher. SHORT RIBS. 10.17 10.07 10.47 10.17 10.37 rush nriccs were: Wheat No. 2 red. hard, $1.55(31.5i . Corn xo. 2 yellow, 74c; No. 4 yellow. 70e-71c: No. 4 white, .orgiiic. Rye Nominal. Barley 71(&iS.ic. Timothy $4.50 6.W). Clover $10.50 'tii 14. Primary receipts Wheat. 550,000 vs. 659. 000 bushels: corn. 567,000 vs. 1.170,000 bush els: oats, 703,000 vs. 956, ooo ousneis. Shipments wneat. n,uiw vs. bushels: corn. 750,000 vs. 725,000 oat' 1 122.000 vs. 6S5.000 bushels. Clearances Wheat, 333.000 bushels; corn, 253.0OO bushels; oats, 23,000 bushels; flour, 97,000 barrels. Worlds visible Wheat 171,769.090 vs. 193,071,000 bushels. Bradstreefs visible Wheat increase, 7,600,000 bushels Kuropean drain Markets T.nvnnN. Mflrch 9. Cargoes on Wheat, steady, 4d to tjd LIVERPOOL, March 9. Options Corn, d higher ( ash wheat. Id to ld higher. Corn, unchanged lo d higher. PARIS, March 9. Wheat and flour, un changed. BUENOS AYRES. March 9. Wheat, d higher. Oats, unchanged. Minneapolis drain Market. MINNEAPOLIS, March 9. Wheat May, $145: July. $I.40-); io. i nara, i.oi-i No. l Northern. $1.47 1.51 ; No. 2 North ern. $1.43 (o '1 f"4- Barley B4(-i nc. Flax $1.82 fl-Seij, Other Eastern Wheat Markets. DULUTH. March 9. Wheat closed: May. $1.49; July, $l-4?.. WINNIPEG, March 9. Wheat closed: May, $1.52 bid; July. $1.52 bid. ST. LOUIS. March 9. Wheat closed: May, $1.01 bid; July, $1.18. Grain at San Francisco. SAN FRANCISCO, March 9. Spot quota tions, nominal. Walla Walla $2.40(4 2.42 per cental; red Russian, $2.40ffl2.42 per cen tal; Turkey red. $2.4.&2.50 per cental; blue- stem, $2.aU(J2.ou per cei.iai. Barley iFeed, $1.4UI1.42 per cental. Oats White, $1.77 tf 1.80 per cental. Bran S28.0028.30 per ton. -Middlings $32. 00& 33.00 per ton. Shorts $30.00631.00 per ton. Call board sales Barley closed: May, $1.37;; December. $1.38 bid. $1.40 asked. Puget Sound Wheat Market. TACOMA. March v. Wheat Blueslem. $1.30: forty-fold. $1.32gi..is: ciuu, $1.30; red fife, S1..1. t-ar receipi.ii w ucai n, Dttney 6, corn 4, oats J, nay 1 1; SEATTLE, March 9. Wheat Biuestem, t,4l; forty-fold. $1.39; club, $1.38; fife, iSii; Sustian, $t,i. Yesterday's car LIVESTOCK BUN SILL M ARKF.T IS AXD STEADY. INACT1VR Slupr'c Load la Received at Yards. Outlook for Hog Iiidq.str-r in Northwest. The livestock market was inactive yesterday.- Tho only receipts were 60 hogs and 4 cattle, shipped in by C. E. Lucke, from Estacada. A few lots carried over from tho nrecedlnjr day were disposed of and the market in General was unchanged. Commenting on the hoe situation in the Northwest, the Western Farmer, of Spokane, says: It is to be regretted that In many sections of the Pacific Northwest many tanners are ilisnnslnir of their hogs at a sacrifice In price. There seems at first glance to bo valid reason for this condition in sections where wheat growing is engaged in, due to the present outlook for high prices for wheat next Fall on account of the war. As result of this condition thousands of hogs have been dumped on the market and low iiHres have necessarily nrevailed. Tills con diiion is striking a body blow at the swine industry of the Northwestern states ana unless checked r'lil take years to overcome. What is needed is to plan to not oniy ontiuue to grow h'igs, but to grow feed for them other than wheat. This can lie done this Spring by a little planning ahead In the nlantinir of crops that can be utilized for hop- feed, such as corn, to take the place IhH Summer fallow. Barley, oats. Spring rye. field peas and the utilizing of alfalfa and clover, these crops can orsi ue mar keted through live stock anil no better way has bten found than by teeuing to nogs. Sales on the local market yesterday were as follows: Wt. Pricel II wethers. 140 $7.00 7.00; Western steers. $.00S 7.75 : Texas steers, $.-..8'' 7.20 ; cows and heifers, $1.70 (S(i.7.--: calves, (. 7.00c 10.00. . Sheep Receipts, 5000; strons-er. Tear llngs. $2.-S."0; wethers, $7.35(87.80; lambs, $:.209.7iV Chicago Livestock Market-. CHICAGO, March 9. Hogs receipts. l.QQo; dull, 5 cents under yesterday's aver age. Bulk. $0. SO ft (5. 90: light, C..15(ii 0..95: mixed. $fi.2.Vj1.9.-.: heavy, $..;5Wti.!K-i; rough. $i.S' in 6. 00; pigs. $"i.758.7ri. Cattle Receipts. 4000; weak. Native steers. $."i.S.-.7 9.00; Western. $0. 1 K W 7 0; cows and halgers. $8.40ftT.SO: calves, $t .V i.i 7.-.. Sheep Receipts, 12,000; sr-iady. Hhftep. $7.ui'ii 7.0O; ytiurllngs, $7.R0tj-..; lambs. $7.H0-9.5. BootleRccr SeMiteuccd at J"ond!oton. rKN'DLETOX. Or.. March l. (Spe cial.) Still another bootlcggor was found gtiiltv of soiling liquor to an In dian In Police Court yesterday. Fred Parr chose a 20-dav sentonco rather than pay a fino of 40. 1'arr is. said to bo nn old offender. 2 hogs. . . 7 hogs. . . lambs. . 1 wether. 40 hogs. L-S.-i $!i.r.0l 127 7.00 112 8.00 200 6.00! 92 7.00 414 hogs. . i cows. . . 1 cow 3 cows. . . . 10 hogs.. . . 173 lnM !I30 89i 143 7.00 5.00 4.75 5.00 7.15 Prices current at the local stockyards on the i.ariniiK i-laSSCS of EtQk: Prime steers $7.50i"f 7.70 Choice steers 7;5(-J; Tofllnm Rteera ................. e.i5(077.2. Choice c-ws .00jji6.ntl Medium cows 5.00(11.6.25 Heifer. rt.OOft' Bulls S.006.00 Stages 4.o0ij6.O0 ttl-lS-M Light 6.259T.20 Heavy 6.90 6.00 Sheen- Wethers 0.0017.50 Ewes B.001S16..1O Lambs 7.00to8.50 Omaha T.Iveetoik Market. SOUTH OMAHA, March !. Hogs Re ceipts, 12.700; stronger. Heavy, $G.fi2 0.7U; light. $S.0'4il.7n: pigs, $5.00toS.0O: bulk of sales, JH OOS; .7. Cattle Kecelpts. 00U0; steady. Native steers, gtlOOffi'S-OO: cows and heifers, $.-i.0O' The Canadian Bank of Commerce ' HEAD OFFICE Toronto, Canada. Established 1867. A general banking business transacted. Interest paid on time deposits. Commercial Letters of Credit Issued. Exchange on London. England, Bought and bold. PORTLAND BRANCH. Corner Second and Stark Eta. F. 0. MALPAS. Manager. Charter No. 4514. CONDENSED REPORT OF The United States National Bank of Portland, Oregon. Submitted to the Comptroller of the Currency at the Cloae of Business March 4, 1915. RESOURCES. Loans and Discounts United States Bonds at Tar Municipal and Railway Bonds Bank Building Customers' Liability on Letters of Credit Cash in Vaults $2,579,752.52 Due from Banks 1,072,787.65 5.597.25L70 .. 1,116,000.00 .. 1,559,078.22 125,000.00 12,883.60 2,652,540.17 Total $12,062,753.60 LIABILITIES. Capital Surplus Undivided Profits Circulation Letters of Credit. . Deposits Total , . ..$ 1,000,000.00 . . . 1,000,000.00 220,393.61 . .. 1,150,000.00 12,863.60 , . . 8,679,476.45 ,..$12,062,753.69 The First National Bank FIFTH and MORRISON STREETS CAPITAL AND SURPLUS - - - $3,500,000 Interest Paid on Savings and Time Deposits Security Savings and Trust Company Fifth and Morrison Streets CAPITAL AND SURPLUS - - -MORTGAGE LOANS $100,000 THE BANK OF CALIFORNIA NATIONAL ASSOCIATION of San Francisco. Founded 1S64 Capital Paid in $8,500,000.00 Surplus and Undivided Profits $8,381,757.41 Commercial Banking. Savings Department. PORTLAND BRANCH Third and Stark Streets LADE) & TILTON BANK I-stabllBhed 1K1. Capital and Surplus S2,O00,00O Commercial and Savings Deposits