THE 3IOR1XG .OKEGOIAIT THURSDAY, AFRH- 15, 1915.
17
TOP HOHJUR PRICE!
Lane County Growers Receive
323-4 Cents.
POOL HAS 1700 POUNDS
Xo Auction Sale at Dallas This Year
Eastern and British Markets Are
Firmer . Turkey and Ger
many Use Asiatic Hair.
The beat price reported paid this year
for Oregon mohair la 2 cents, wmcn w
ootalned fcjr rarmere in mi - '
, - - i-h. nnnl was a
in OQUineiu umtiv v.vuul.,.
mail one and contained about 1700 pounds.
Th next sale of importance will be
held at Scio on April 1. In former years
i .aAn Tn!ic County
in ti uw -
rrowrn, but a large part of the natr tms
year has already pcn soia, ana a. .
..t.. .-in K nn nnni at Dallas and con
sequently no auction. The date for the
.Lebanon sale has not yet been meu,
will probably be held on April 27- Cottage
Grove will nave a saie, out
not been announced.
The Baa tern and foreign markets are in
a firm position, accormngto tne eoiou
"Business in the local market is not too
plentiful, but dealers find a fair demand for
the moderate stocks wmcn can oo
New Texas slips have brought in the neigh
borhood of S3 cents for original hair of ood
condition and staple. Foreign stocks in
dealers hands are light, but prices are firm.
The demand for mohair in Yorkshire
eeras to be increasing slightly, as the rela
i .,r..., a- iha niM rorinl becomes real
ized more and more and as experiments
.phovr the possibilities or oienuina or
"Advices from South Africa indicate a
keener Interest In the new citp ana some
rapt firsts are reported to have brought
'The Turkish government is reported to
nav requisitioned: several inousana
nf mohair held by the Credit Lyonnajs
iana, at Constantinople, nnu hm i
' that held at the Imperial Ottoman Bank
depots. Considerable hair has ben taken
out of tha country also by tlermauy.
"Bufinecs in alpaca has been limited on
account of small stock?, but some holders
are asking more money and have refused
-imports and withdrawals of mohair for
consumption for tne jjistnci oi
chusetta during March cre Tl'lJoT pounds,
valued at $2o,2. compared with 201,041
pounds, valued at $6.u04. in the preceding
month, and tj:.210 pounds, valued at 91,
ubO. in January."
WHEAT 13 HIGHER WITH CHICAGO
Ical Buyers Take on May Itather Tbaa
Prompt Ieii very
There were four sales of May wheat at
the Merchants' Exchange yesterday at prices
1 fa to J cents above Tuesday's bids. The
market seemed to be entirely Influenced by
the course of prices at Chicago. In the
Eastern market shorts were stampeded by
a lear that world's reserves would be wiped
out before the new crop comes. This and
other manipulative tactics resulted in ad
vances ran glue up to t cents at Chicago.
The local market as a consequence was
. firmer, but there was no cause for excite
ment. The exchange sales were as follows:
000 bushels May bluestem $1.3-1
5XM busheLa May fortyfoid 1.31
.VK0 bushels May club l.l't
irtMK) bushels May Kuaian l.-li
Bids for prompt delivery of white wheat
were a cent higher than the day before, and
spot red wheat was unchanged to half a
cent lower.
The oats and barley markets are steady
and seem to be In sound position. These
cereals are in constant local demand, where
as buyers of wheat frequently find it diffi
cult to place their purchases, as the export
trade is at a standstill and coast millers
are out of tho market.
A special meeting of the Merchants' Ex
change Association will be held at 11:30
A. M. today to consider the rules governing
trade in futures.
A Bombay correspondent of the London
Times writes as follows: "informed opinion
generally recognizes the necessity of the
Government action with regard to tho con
trol of wheat exports in view of the cer
tainty that there would be widespread agra
rian crime in Northern India if the pre
vious price levels were to be maintained,
and applauds tho wisdom of the Govern
ment in assuming entire control of the ex
port traffic. At the same time it is realized
that the details of the scheme are of para
mount Importance, and when these are dts
cloitfd lively criticism is probable.
"The few who protest against any inter
ference with tho trade, demanding that
India .should profit by tho high prices the
world is prepared to give for her wheat, do
not appreciate the certainty that there
would be grain riots if the Government had
not taken action."
Receipts, in cars, were reported by the
MerciiaJitB Exchange as follows:
Wheat. Barley. Flour. Oats. Hay.
Fort! a d. Wed. 12 4
' Tear ago... 14 6 6 4
Seas, to date.15.5til lS6t 37ftl lo5 3R45
Year ago. . -103 10o4 L'-iuS
Tecoma, Tues. lo ... 4
lear ago... Stf 1 lo
Seas, to dale. 9.646 527 .... 576
Vcirico... 7U' .... 411 21b5
Seattle, Mon. .... - 1 -6
Year ago. 17 4 tt 3 16
ea. to date. 7.1" 77 104 1!H9 1W4 6111
cragu.. lull 17U1 114b 404
rORLIUX WOOLS .IE' TREtKRENCE
Bulk of Business in the East Is on Mill
Account.
Opinions and interests Involved are so
conflicting at the moment that one has no
little difficulty in determining the exact
po&ltiou of the wool market, says the Boston
Commercial Bulletin.
Ou certain wools, there Is still a downward
tendency apparent In the absence of even
a moderate demand, whi! In other In
stances, notably with foreign wools, the
market is certainly no lower and some wools
can hardly be bought as cheaply as they
could a webi or 10 day ago; certainly, they
are no cheaper.
Foreign wools have had the call again
beyond the net-adventure of a doubt, a
fairly good turnover being reported. Do
mestic wools have been in demand to a lim
ited extent, in the way of piecing-out orders
but buyers are taking foreign wool where
they have a chance to show their preference.
In other words, buyers are operating n the
field, where value are relatively lowest, and
there can be no question that In fine wools
values are decidedly In favor of the foreign
wooL
The bulk of the week's business has been
ee mid account, but certain dealers, even
though they already have more or less Aus
tralian wools in stock, or purchased to ar
rive, have corralled some more of these
wools as a matter of speculation.
BITTLR WILL. BK LOWER TODAY
Decline or 3? Cents In City Creamery Will
Take Effect.
Local butter prices will be reduced 2Si
cents a pound today. The make is Increas
ing and the flush season Is near at band,
but local creamery men did not expect the
market to drop for several days yet. The
sudden decline waa brought about by the
slashing of prices at Seattle, where a large
surplus is reported to have accumulated.
, Prints sold in Seattle as low as 24 cents
yesterday. The local quotation on prints in
box lots will be -o cents. Creamery cubes
will sell at -1 cents. Some business at
tbe former figure was done yesterday,.
The egg market waa fairly steady. Job
bing sales were made on tho street at IS
cents, case count. Storers bought in the
country on the basis of 17 and 1TH cent.
the
Farm produce was in moaerate bupwj
and
unchanged in orice. Poultry was steady.
pork was firm and veal dragged.
STRAWBERRIES. COMB CXEXPECTEDLY
a-.- Af Fin. i. ;... Fnrit Is Received and
Sells Quickly.
A carload of Louisiana berries arrived
..nAA.n- VA.a.r4av mnrnine. Half
un
the
CAinbinui
w.. ur.imri.fi and the remainder ent
to Seattle. The berries were an exception
ally good delirery and eold quickly at o
There was a good cleanup of California
aiparagu, and the maraet waa urm.,
U.73S2 a crate for the best. Hood River
s.n.rn.t. nn tins other hand, waa more
plentiful and lower at 11.15 a dozen,
r i .knh.rh fll.n cleaned up for
the
. in wf . week. Prices quoted
.-.m ha and 1. cents a pound. Other
vegetables were unchanged.
Walker Mohair Brings Good Price.
COTTAGE GROVE, Or., April 14. (Spe
cial , Seventeen hundred pounds of mohair
has been eold at Walker at S2i cents per
pound. This was a pool made up by farm
ers of 'that neighborhood. There are usu
ally about 10.000 pounds sold In this sec
tion. None has been sold except that" dis
posed of at Walker.
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as loiiows.
Clearinrrs. Balances.
Portland fJ.ttOS.77ii 1J1.?2
.Seattle S.1KI.28 214, 403
t.... ".",.'..4S4 uJ.o.'O
SDOkane 5-S.7S- 71,132
PORTLAND MARKET QUOTATIONS
Grain, Flour. Feed, Ete.
Merchants' Exchange, noon session
T,rmnt delivcrv:
Wheat Bid. Asked.
Bluesteni 1.31 l.j
Fortyfoid l"
Club 3.
tied Fife J-
Red Kusaiau 1.21 1 .".I
Oats No. 1 white feed ....33.-rf0 .M.00
Barley No. 1 feed 25.u0
Bran -3.23
Shorts 3.1)0 lio.OU
Futures
May Bluestem 1.32 1 -'.4
May Fortyfoid l.:14 1 I
May Club 1.28 1.-S0
.May Red Fife 1.23 1.27
May Red Kuss l-2',4 l.-2
HlHy oats 3:!.!
May bailey 2.....0 -'-'!
May bran - V
Mav shorts -4.00 2U.00
FLOCK Patents. 18.8Q a barrel; straights,
.! . .hi,!, -h,,l 7- ffrallSHl. Stf.?".
MILLKEED Spot price: Bran. y8 per
ton; snorte. 2a; ruij-a dij, w J.
CORN Whole. $35 per ion; cracked,
per tin.
ItAV Eastern Oregon timothy, IU1Ji.-:
Vallev timothy. S134rl2.fto; grain hay. 110
12; alfalfa, IlJ.r.Oa. 13. SO.
Fruits and Vegetablea.
Local Jobblnc quotations:
TROPICAL. FRUITS Oranges, navels. 12.50
62.73 per box; lemons. ga.Oufc3.7i per box;
a , .. nA.n.H ffrt,Afruit. g.76S
4. SO; pineapples. 7.c per pound; tanger
ines. SL2o&l., per dox; muuu vfiMw.c,
S1.&0 per box.
...... . 1 1 1 i. r. r-........r. Tinthousa.
VDuaiJuJucii v-uv u t
14.50 per crate: cauliflower. 75c0$L25 per
arttchOKCS, Mltqbja aosen; iuuiim .
tr.lC, lUnMDi wvw n ,
M.OO per crate: cauliflower, 75c1.25 per
dozen; Head lettuco, s-.j per
i.i 7 -. f ih 1 1 n.r box: sninach.
ic per pound; rhubarb. l!il-Tic per pound;
asparagus, si.iiu ej p--r 1JL , . ft ...
3Uc per pouna; peas, ivn
crate; applea 3ocl.i per box; oraober-
ries. $114il2 per barreL
ruiAluco vrexuu. . a . ' u v -Washington.
( 1.23 1.30; Idaho. 11.0; new
p.jtatoeii. sSc per pound; sweet potatoes,
aVsc per pound. i
U.MU.V ur.S-il. .cuius r
sack, country points; California, Jobbing
SACK VKGET.VBLBS Carrots, Sl.00 per
v. . ti r.n ii.-r aafk: nsrsniua SL23
per sack; turnips, ? 1.73 per sack.
Dairy and Country Produce.
Local jobbing quotations:
EGGS Fresh Oregon ranch, case count.
n19a per dozen.
1'UUljitti Hens. lateoiDc; oioiiot., -ow
271ic; fryers, l!20c; turkeys, dressed. Ti
b2oc- live, waiuc; ducks, 12-eioc; geesa.
?yc.
h;tt-ii (".-.. . m.rv nrints. extras.
ner bound in case iyts; t5C more la leas
than case lots: cubes, 21 22c.
CHEESE Oregon triplets, jooDera dujiub
price, llVic r-er pound, f. o. o. dock, Port
land: Young Americas. 13'ic per pound.
VtiAL b ancy, 11bW1-c per puuwu.
PORK Block. tViil'lOo per pound.
Staple Grocerle.
Local jobbing quotations:
SALMON Columbia River one - pound
tails 2.30 per dozen; half-pound flats,
$1.30; one-pound flats. 2.30; Alaska pink,
oue-pound tails, $1.05.
HONEY Choice, $3.25 per case.
NUTS Walnuts, 15024c per pound: Bra
zil nuts, 35c; filbert3, 1324c: almonds, 23
i24c; neanuts. 6c; eocoanuts, ft per
dozen: peca-is, 1920c; chestnuts, 10c.
BEANS Small white, 614c; large white,
6c; Lima, tiitc; pink, 5iic; Mexican, a;
bayou. 6tsC
COFIEii Roasted, In drums, 1t433ViC.
SUGAR Fruit and berry. J6.70; beet,
$6.50; extra c, .20; powaered, in barrels,
$tl.93; cubes, barrels, 17.10.
SALT Granulated, 115.50 per ton; half
ground, 100s, 110.75; ptr ton; 60s," 111.30 per
ton; oairy, 114 per ton.
RICE Southern head, 6U6aic; broken,
4c per pound; Japan style, 65Kc.
DRIED FRUITS Apples, c per pouad;
apricots. 3l5c; peaches, Sc; prunes, Ital
ians, S9c; raisins, loose Muscatels, 8c; un
bleached Sultanas, 7 Vic; seeded, Oe; dates,
Persian, 10c per pound; Xard, 11.83 per box;
currants, 8 812c
11 ops, Wool, Bides, JSte.
HOPS 1U14 crop, nominal, contracts,
nominal.
HIDES Salted hides, 134c; salted kip.
IStac- salted calf. 17c; green hides, 12c:
green kip, 13ic; green calf, 17c; dry bides,
24c: dry calf. 28c. -
WOOI, Eastern Oregon, coarse, 22025c;
Eastern Oregon, line, 19(S20c; Valley, 27
U JSC.
MOHAIR New clip, 3132c per pound.
CASCARA BARIC Old and new, 4 6)414
per pound.
PELTS Dry long-wooled pelts, lbc: dry
short-wooled pelts. 13c; dry shearings, each,
luc; salted shearings, each, 15925c: dry
goals, long hair," each, 13c; dry goat shear
lnes. each, 10920c; salted sheep pelts,
April, 112 each;
Provisions.
HAMS All sixes. 17ii18ic; skinned, 17
isc: picnic. 12c; cottage roll. 13Vc;
broiled, l2c.
BACON Fancy, 2728c; standard, 23C
24c; choice. 1714 622c: strips, I7i4c
DRY SALT Short clear backs, 13015Vsc;
exports, low 17c; plates. 11 It 9 13c,
LARD Tierce basis: Kettle rendered.
Iji-c; standard. 12c; compound, Slic.
BRREI GOODS Mess beef. 2Jc; plate
beef 124.SO: brisket pork. 12S.50; pickled
piKs-'feet, 112.50; tripe, .5oeil.80; tonguea,
$25(30.
Oils.
KEROSENE; Water white, drums, barrels
or tauk wagona 10c; special drums or bar
rels. i;:',ic: cases, iii420iic.
GASOLINE Bulk. 12c; cases. 39c: engine
distillate drums. JVc; cases, llic; naptoa,
drums, 11c: cases, lisc.
LiNSEED OIL Raw. barrels, 75c; raw,
cases. Sue; boiled, barrels, 7Tc; boiled, cases,
"TURPENTINE; In tanks, 0c; In cases,
87c; 10-case lots, lo less.
SAX FRAJiCISCO PRODCCE MARKETS
Prices Current In the Bay City on Fruits,
Vegetables, Etc.
SAN FRANCISCO. April 14. Butter
Fresh extras. 23c: prune firsts. 22c; fresh
. 21 fee.
ISc: selected pullets. lSfec.
Cheese New, Swllfec; Young Americas,
'"vegetables Peas, 26 5c; Summer squash.
12fec: hothouse cucumbers, 2U 2.u;aspara
gus. 11.2382. r- ooi
Onions lailIorni, iuvk,., vv-w
1Fruit Lemons. S1.30g3.00: Mexican limes.
145; oranges. 112; bananas. Hawaiian,
$12509; pineapples, do. $2a3.50; appies,
Newtown pippins and Oregon Reds, 50 3 90c;
other varieties, S3o73c.
Potatoes River Burbanks, $1.50L5:
Oregon. $1.752; Idaho, i.331.70; Lorn-
Receipts Flour. 49O0 quarters: barlej, 7.
125 centals; potatoes. 2770 sacks; hay, 44.
NaTal Stores.
SVVANNAH. Ga., April 14. Turpentine,
firm. 45fec: sales. 41 barrels: receipts, 121)
barrels; shipments, none; stocks, 20,391 bar
rels. Rosin, firm: sale., none; receipts. 9t.j bar
rels: shipments, none: ttocks, 95.963 barrela
. -r, - on. - i- w en".1;. F s:t s-
UUUIC. J. iJ . , ... t " , . ,
G. $3.37'4; H. 1. K. $3.5"; M, J4.15; N,
$5.15; WO, 15.55; WW, $5.65;
Only one buyer is known to have paid
latter .figure.
m
HIGH
RECORDS
Investment Buying Is Feature
of Stock Trading.
MARKET IS BROAD ONE
Railway Issues and Coppers Are
in Strong Demand Xew Ha
ven Onc-Vear Notes
Rise to Premium.
NEW YORK, April 14. Trading in the
stock market today again exceeded 1,000,000
shares, with a continuance of the strength
and breadth which have been its most prom
inent recent features.
Bethlehem Steel, which caused much ap
prehension on the preceding day because
of its wild movements, was far less con
spicuous today, although it made a 20-polnt
gain to 143 In the first 10 minutes, only to
losa much of its advantage later. It closed
at 133, a net gain of 8 points.
By far the greatest part of the day's ad
vance was made in the forenoon, dealings
in that short nerlod ageregatine 600.000
shares. All leading Issues, as well as two
score semi-active and obscure stocks, snareo
more or less equally in the rise, which was
subject to frequent interruptions on pront
taking and moderate renowal of bear con
tracts. The railway list, in part, and all coppers,
a. wf.lt a mama of the better-known equip
ments and utilities, broke into new high
grounds, their advance being again ascribed
in many Quarters to nurcnases by commis-
.slnn-hnuspfl actine for out-of-town clients.
United States steel lea ail speculative iv-
nHtes as to volume of Individual transac
tions. United States Steel's relative heavi
ness was coincident with the publication of
the weekly trade review, which stated in
substance that the steel Industry was not
measuring up to tho scale of prosperity at
tributed in some quarters, although an en
couraging view was taken of the export
business.
The wild markets for grains and other
foodstuffs dispelled ell recent peace ru
mors. I
An index to the sound investment demand
was found in the Ketn demand lor the rew
Haven one-year cotes, which rose to a
premium.
Total sales of stocks amounted to 1,030,200
shares.
Bonds were again irregular, speculative Is
sues showing further heaviness. Total talc,
par value, aggregated 14.600.000. United
States bonds -were unchanged on can.
CLOSING STOCK QUOTATIONS.
Sales. Hieh. Low. Bid.
Closing
Alaska Gold.... ;.soo st.i-i 36 :;s
Amal Copper... 66.MM) 74', 71:4 7.V
Am Beet Sugar. 1,700 4tH 40 46'4
Ainer Can 26,300 36 ;i 34 '4 30
Am Sm & Rcfg. ll,t00 73 71 fe 71
do pfd W0 10.H4 3or, lil.l
A mSugar Rffg. 2.S00 10 3"S!4 30Si
Am Tel & Tel.. 2.100 320vs 120 32H
Am Tobacco 230H
Anaconda liu.. 23,300 "ti H S3 35'i
Atchison 2,300 Joj 102 !i 102 i
Bait & Ohio... 10,100 77'i 76M, 7
Br Rap Trans. 4,200 07 01 fe 1 is
Cal Petroleum. 4,00") 367 33 76
Can Pacific... 5.200 17lli JBSfe JOSH
Cent Leather.. 6.000 3 37V, 37
Cues & Ohio... ;1,00 47 4614 4fe
Chi Or West... 300 X'i 32-' 32'i
CM&FtP.... 3.S00 !W-Ts 0214 24
Chi & Northw. ; 200 130 130 1201s
Chlno Copper... 16.300 4414 43 4 4
Colo F & 1 3,100 321, 3154 3254
Colo & South. 30
D R G 8
do pfd , 14-74
Distillers' Sccur. 300 14 9 8
Erie 20,800 2S'"'4 28 2S14
Gen Electric... 8.500 1 50'i 340 347!i
Gr North pfd.. 2,600 12014 310 120
r Nor Ore ctfs. 31,400 4i-4 34 3914
Guggenheim Ex. 6,800 58 fe 57 fe 57 -;i
Illinois Central.- 108
inter Mot pfd.. 24.S0O 73i ,70H 7214
Inspiration Cop. 13.7O0 Slli 3014 30?,
Inter Harvester .' ..... 100
K c Southern.. 2o .
Lehigh Valley 14214 34114 34114
L & Nashville. 100 122 120 "i 120
Mex Petroleum. 23.7O0 8 75 714
Miami Copper.. 12.6O0 25 74 24 fe 25
M K & T 5,700 34 '4 irtla 14
Missuurl Pacific 16), 1514 15
National lBscuit . 120 is
National Lead. 3.500 64 63, 1.3
Nevada Copper. 0.2OO 35-ji 14fe 14si
N x central... o.ioo 88 87 i
N Y, N H i H. 3.500 2 60 61fe
Nor & West... , 500 1 04 '4 304 104
Nor Pacific I.3.B0O 10034 108T4 10S14
Pacific Mail j 600 2:1 U 23 2314
Pan Tel & Tel. - 500 31 fe 3014 3114
Pennsylvania... 1,700 10014 10 30914
Pull Pal Car 3 3 73'i
Huy Cou Cop... 34.700 22 21 2214
Reading M.700 152 130 35014
Rep Iron it St. .5.400 26T4 23 74 26
Rock Isl CO 1.200 4 .
do nfd 1.70O 14 1 1
Southern Fife... 13.300 02 - 91 01
Southern By... 200 18 1S'4 IS
Tennes Cop.. 3.400 3394 32 S2-H
Texas Com 1,100 140 139 33S9
Union Pacific. 50.600 iri2'4 1361 lai
do Pfd 1.300 80 SO14 SO'4
U S Steel 79,300 57 554 56fe
do pro 500 low iui JH814
Utah Copper .. -41,-100 6414 63 6414
Wabash pfd ... 1.200 4 314, 4
West Union 30,100 674 65 67'4
West Klec 16.100 7914 78 1SI2
Mont Power... 400 53 5114 62
Total sales for the day, 1,076,800 shares.
BONDS.
V S Bef 2s. reg. P814IN Y C G 314s.. 80
do coupon.... 98 14 Nor Pac 3s....... 64
U S 3s, reg 30114 do 4s 92
do coupon loifelunion Pac 4s... 95
U 8 N 4s, reg. .10914!So Pac Con 5s.. 99
do coupon. .. .nufei
Money, Exchange, Etc.
NEW YORK, April 14. Mercantile paper.
314 S 3 per cent.
Sterling exchange steady, 60-day bills
$4.7050; for cables, $4.7950; for demand,
$4.7935.
Bar silver, 49 tsc,
Mexican dollars, 38c.
Government bonds steady; railroad bonds
irregular.
Time loans, strong: w ana uo aays, 2
3 per cent; six months, 314.
Call money, firm: high. 2fe per cent: low.
2; ruling rate, 2; last loan, 214; closing
bid, 214; oiierea at 2fe.
SAN FRANCISCO, April 14. Drafts, sight,
.04: do telegraph. .07. Sterling. 60 days.
$4.76; demand, $4.7914; cable, $4.80.
LONDON. April 14. Bar silver. 23!4d per
ounce. Money. llfe per cent. Discount
rates, short bills, 3 per cent; three months.
14 per cent.
MUTTON STOCK HIGHER
LAMBS AND SHEEP ADVAJVCB
QUARTER AT YARDS.
Three Loads of Steers Moved at
7.35 Top Price Bid for
Hogs la S7.50.
The feature of the livestock market was
tne quaner ' '"' -r --
which comprised the larger part of the
day
y arrivals. iuw uci. wuw - - -
$9.50 and choice yearling wethers sold at
at
$8.
Three loads of steers were offered and
1 at S7.35. The best nrice buyers
all
would pay for hogs was $7.50.
Receipts were 5 cattle. 1 calf. 131 hogs
and 593 sheep. Shippers were:
With cattle George uixon, ierremone,
to cars.
tw
With hogs Frank Slegeo, Willbridge, one
car. . .
With sheep C w. tiioson, naisey, two
cars: W. O. Bridges. Oakland, two cars.
With anlxea loaua . xx. wtjwuiuu,
y. one car cattle, calves, bogs and shoep.
The day's sales were as-' follows:
!3 steers . .
.1084 $7.33: 10 lambs 5S$7.50
24 s
134 9.50
:.3 9.30
:teer
teera
..1050 7.o116 lambs
..10t2 7.35 27 lambs
.. 105 6.63, 17 lambs
. . 21O 7.50 92 ewes .
O.iT 7 OOl Bv.artinp
A B
11 hogs
13 hugs
132 5. -'5
3 hogs
8.50
3 hogs
.,1-7 O-lvurlinc 1AT 1 v
39 h
. . 360 7.50 7 wethers . 101 7.50
. 310 6.50 4 mixed .. 130 5.50
. 192 7.501 2 mixed .. 335 6.50
.. SS 7.25 1 calf .... loO 7.75
logs
1 h
9 b
i ogs
lambji
laraDS ... a
Prices current at the local Stockyards on
lambs
the various classes or stoca: ,-
Best steers 7nS75
Choice steers Littlm,
Medium steer. Son! u
Choice cow S-222.3-T?
Medium cowl J-Jj
gulls6 v.v.v.v::::::::::::::::1: StsS
StaS .0O.o0
Ugl? 'T... ... , ... 50eT.5
Heavy 5.80 8.95
Sheep -
Wethers TOO 8.50
Ewes .."I e.007.00
Lambs 7.25 $.50
Omaha Livestock Market.
SOUTH OMAHA, April 14. Hogs Re
ceipts - 31.000, lower: heavy, 16.90 7.00:
light, $6,858:7:05; piss. $5.75.73; bulk of
sales, $6.95 tgl 7.00.
Cattle Receipts, 3700, steady. Native
steers, !6.758.40; cows and heifers, $5,259
7.25; Western steers, 16.50 7.80; Texas
steers, !8.00T.30; cows and heifers, 15.00(9
6.75; calves, 17.0010.00.
Sheep Receints. 8500, steady. Yearlings,
$8.50(89.25: wethers, $7.75 8.50; lambs,
$9.b010.40.
Chicago livestock Market.
CHICAGO, April 14. Hogs Receipts. 23,
000, steady to 5c under yesterday's average.
Bulk, $7.257:33; light, $7.1O7:30; mlxd,
$7.057.45; heavy, $6.80jj7.40; rough, $6.60
6.95; pigs, $6.0006.90.
Cattle Receipts, 16,000, ' easy. Native
steers, $6.008.70: Western steers, $5.6081
7:40: cows and heifers, $2.8008.00; calves,
$5.50 8. 00.
Sheep Receipts. 32.000, weak. Sheep, $7.40
8.40; lambs, $7.7510.50.
Coffee Future.
NEW YORK, April 14. The market for
coffee futures opened 1 point higher to 0
points lower and sold about 2 to 5 points net
lower during tbe early trading under May
liquidation and offerings of later deliveries
through houses with European connections.
May longs seemed able to switch freely from
that position to later months at the prevail
ing differences, however, and the market
later firmed up on- covering and trade buy
ing with the close 3 to 6 points net higher,
fiales, 42,000 bags. April, 6.93c; May. u.3c;
June, 6c; July, 7.10c; August, 7.17c; Sep
tember. 7.25c; October. 7.S0c; November,
7.30c; December, 7.40c; January, 7.47c; Feb
ruary, 7.55c; March. 7.63c.
Spot steady; Rio No. 7, 7c; Santos No. 4,
10 hie
Cost and freight offers were steady, rang
ing from about 7.30c to 7.4c for Rio 7s and
from lO.SSo to 10.75c for Santos 4s.
Rio exchange on London was,l-16d lower.
Milreis prices were unchanged.
Metal Markets.
NEW YORK, April 14. Tin, unsettled;
five-ton lots, 50c bid; offered at tfQc.
Copper, firm : electrolytic, Itt.oO 10.6-c;
casting, 16.00ei 16.25c.
Iron, quiet and unchanged.
Lead, eaay. 4.15 4.20.
Spelter, nominal.
Chicago Dairy Produce.
CHICAGO, April 14. Butter Lower.
Creamery, 22 & oO !i c.
Eggs Higher. Receipts, 21.8S1 cases; at
mark, cases included, l&lVsc; ordinary
limit, isgpi&c; firsts, l(&iyc.
Minneapolis Grain Markets.
Minneapolis. April 14. wheat May.
fl.vH: July, 41.47; No. 1 hard. S1.&8K:
No. 1 Northern, s..o4Hl.G8 ; No. 3
Northern, fl.4&H tfil.Oiifc.
Parley. t'r6 4 74c.
Flux, 1.01UL9?4. x
s New York Sugar Market.
NEW YORK. April 34. Raw sugar, firm
centrifugal, 4.70c; molasses sugar, 3.03c. Re
fined, steady.
Iried Fruit at New York.
NEW YORK. Apr!! 14. Evaporated an
plea, quiet, prunes, neglected. Peaches, dull
ana easy.
Cotton Market
NEW YORK. April 14. Spot cotton, quiet;
mia-upianas, ju.ioc; no sales.
- Italuth Lineed Market.
DULUTH, April 14. Linseed, cash.
i.vi-&; jviay, s-i.wi?i ; July, sj.00.
Hops at New York.
NEW YORK, April 14. Hops Steady.
MORE LOAN FUNDS SOUGHT
Portland Association In 3 Months
Lends Out $84,038.
Loans aggregating; a total of $84,
038.59 were made by the Portland
Remedial Loan Association between
February 1, 1914, and April 1, 1915.
according to the report submitted at
the meeting of the association held
Monday. During the same period, loans
redeemed aggregated 142,383.71, leav
ing outstanding at the time of the re
port the amount of $41,658.88. Tbe as
sociation was organized a little more
than a year ago to combat the loan
shark.
The capital stock paid In amounted
to $31,300 on February- 1, 1915, and
by April 1 this amount had grown to
the sum of $39,043. In addition, the
association found it necessary to bor
row $5000, owing to the demand for
loans.
Ben Selling, president of the asso
ciation, said yesterday that $10,000 ad
ditional working capital was being so
licited by the organization to take care
of its business. Interest Is paid at
the rate of 6 per cent on all capital
stock paid in.
INVESTORS' FAITH GAINING
Lane Bankers Hear of Increasing
Confidence Despite War.
EUGENE. Or.. April 14. (Special.)
The last two weeks have shown a
mc.lraj . ,1 1 ,1 ov trtTOa tA V, r 1 1 o r 1 1 IT1 P H.
according to Russell Lowry, Deputy
Governor of the x eaerai .Reserve nau
at San Francisco, who spoke to the
f jana Pniinlv Iflqt nicrht.
He declares that the business of the
country has gradually aiscoverea mat.
the country can get along, despite the
W "During, the Jast two weeks a steady
rise in the stock prices shows tljat the
investors are gaining more confidence,"
i. "rrha nannlA ft r A findin&: that
the exports to Europe are heavy and
that the imports are iigut. im
that Europe is piling a heavy debt to
us, and it discounts the fear that we
will have to ship gold to Europe."
RAIN GLADDENS FARMERS
Wasco Precipitation Exceeds Normal
and Good Crops Assured.
mi f vt'-a znn Cmintv are re-
X ii e laruicia
loicing over another half inch of rain,
which fell Tuesday night, according to
H. S. Chamberlain, a merchant of w as
co. The average rainfall in the county
is only nine inches a year and each
inch added to tnat mu "-r&ld
this year, as there has been ten Inches
of rain already since September, says
?: . -Tho hich nrices
paid for grain assures J"
a bumper crop is uuuuu
co County has good roads. The soil is
. hoot, results: the
g'round used this year for raising grain
being allowed to lie
Wasco will send a special train to the
Celilo Canal celebration May 5.
CLARKE FIGHTS BROWN ROT
Plant Disease Expert Testing Sprays
on One Orchard.
. ....T-.-r'T-, Tcrci1i Anril 14.
V A ALLUb i . i , , ........ - -
TTiv. nisint disease
expert, is in Clarke County working on
the brown rot, which annually destroys
several fortunes in prunes in this
county alone.
He has selected iuu prune us
.... . .. a-m .t- 'F'olida. and 150
pear trees there. He has visited most
of the larger orchards in the county
and talked with the fruit growers about
the disease. ipnns jj.ummB
. . i...niB 0hi,h lntor drv. burst
and the powder carried in the air final
ly falls upon ine iwj -
blossom. Injuring it.
Various kinds of sprays at different
times of the year are being tested on
the Moody farm.
In tha schools of Australia boxinr has
bwn Introduced a regular exercise lor
schoolboys, . -
Advance Offering:
Portland Railway, Light & Power Co.
2-Year 5 Gold Notes
Dated May 1, 1915. Due May 1, 1917.
Coupon Notes in Denomination of $1000 Each.
Interest Payable Semi-Annually. ;.
Guarantee Trust Company, New York City, Trustee
These notes are a direct obligation of the Portland Railway, Light & Power
Company and are secured by collateral deposited with the Trustee, the par
value of which is twice the amount of the Note Issue. The Portland Railway.
Lio-ht & Power Company has outstanding $25,000,000 capital stock, 75 paid
up? leaving $6,250,000 in cash which can be assessed on the stock, or i times
the principal of this Note Issue.
The surplus earnings of the Portland Railway, Light & Power Company
for the year 1914 amounted to over four times the annual interest on this
issue of $5,000,000 Notes.
A safe and profitable short-time investment
YIELDING BETTER THAN 6
Descriptive circular containing detailed information furnished upon request.
Morris Brothers
Railway Exchange Building, Portland.
STAMPEDE TO BUY
Scramble fay Shorts Sends
Wheat Up 10 Cents..
CHICAGO PIT IS EXCITED
Fear That World Reserves Will Be
Exhausted Before Sew Crop
Leads to Bidding at
Wild Advances.
CHICAGO. April 14. In one of tha most
excited markets since tne Deginning oi m
. . . . j ......
war, wneat prices snor upward,
10 cents a bushel and finished wild, 3 to
stampeded by fear tliat virtually exhausted
-..aiAm. tiii-nnirhniit the world would have
, h fiinxrl before the first of tho new crop
in the United States could be gathered.
Other staples hardened with wheat, but the
gains were comparatives on,..
cents to H4T1?4 cents, oats V, cent to
. , i MAn,B n 1 1L cents.
cents ana pruviowuo - t. . ... .- . - .
Evidence that the buying force lacR
tho excited advance in wheat came chiefly
from the big short interests appeared in the
fact that the ascent of values for July and
September, the new crop deliveries, was
greater than for May. which represents con
tracts for wheat already in stores. Re
markably heavy purchasing of July by a
large house laemmm win, - -
prominent speculative leaders on chanw
F v tha rank and file
was wnat .... -""- ; w ther
of shorts. it was nv iu"s :'"".", i
strong interests took to the buying side, arid
when tne rinai nour i.
hand the pit wis in a whirl.
Word that tne rniit
decided to cease buying wheat was 'nt'rpret-
ed to mean a iree.ii-. - ,
part of other large consumers, and -waa a'
tu.ken to indicate mm. " -
icqu?red control of a much ger jmnt
of wheat than has heretofore been supposed
war the case. . Sharp attention was given
to a report that reserves in the . United
States were aireauy .
less tnan ai inio " ZT'enrc the
Profit-taking oy iim Ti..; i ,n
close broke the wheat market back 4 cents
."oTever' quickly absorbed all the offerings.
andYt seemU plain that bullish tM
was decidedly uppermost when the nnai
8 CorrTbulgca not only .wing to wheat
stSnTtb.: but as a result of improved cash
der Pressure from jjackers
Oats weaienra -j j
Buying asonly scattered
Ijeaaine iuiulw
WHEAT.
M?ev lie"' ti'67- Ji.60
CORN'.
M.y '
July " '
f k TS.
:::::: : l
MESS PORK.
n 7 17 45 17.50 17.S0
May 17-J 177rl 17.7
July "
T.ARTJ.
33? IS?? itS i&H
Mav 10.07 10.15 1J.0S 10.1!
July 10.37 101'
SH.CSr Tred. $1.17 WLBI! I
hard, nominal. . ,.
1?77c: xlr whlU 727,c.
Bye No. 2, 1.1.
Barley 72 80c.
Timothy 4.506.25.
Clover $8.2513.M. k.fc.... ,ra.
oTut, oats, sV.WO bushels flour.
8000 barrels.
foreign Grain Markets.
T.nvnON-. April 14. Cargoes on passage.
steady.
LIVERPOOL. April 14. ppt ons not OUOL
ed Cash wheat. Hd to Id higher.
Corn o. w w .p..
T..T1IS Anril 14. Cash wheat and flour,
unchanged.
-Wheat at St. Ixrals.
,t.to T,ril 14. Wheat closed: May,
1.S4.' bid; July. l-23.
Grain at San Francisco.
. . ti t ftnnt OUOta-
SAN FBA.NUw. ," V,Vffl2.M
pi0rn"centaT nred Russian "$V2Bi.W 1-r
nta" Turkey rod. 2':302:82te ; blue
stem, t2.33 2.40 per centaL
5ats White. $1.TT1.80 per cental.
Bran ja6.oo27.00 per ton.
Midllngs 32.0OSJ33.0O per ton.
Shorts 427.00 28.00 per ton.
' . . . . n,rlv number. 11.29 ner
tan ni" . , -
cental; May, $1.33 per cental.
fnget Sound Grain Market.
cfattlE. April 14. Wheat Bluestem,
ill- forty-fofd, 1.28; club. 11.27; fife.
L26; red Russian, fl.22.
Barlev $25.30 per ton.
aIiri.r. neelnta Wheat 15. oatl 1.
A corn 3, hay 2, flour 4.
TACOMA. April 14. Wheat Bluestem,
:i29; forty-fold. 1.26; club, J1.25; red fifs,
,o
Car receipts Wheat 10, hay 4.
Koseborg Club Seeking; Cannery.
At a meeting of the Commercial Club
last night, a move wag inaugurated to
establish a cannery In Douglas County,
j. v. Colt, of Eugene, who passed the
day Inspecting the cannery at Green,
reported that the plant could be placed
in operation for 10uo, Tn canjjery
THE Oldest Bank in the Pacific
Northwest cordially invites your
account Subject toCheckor in itsSav
ings Department, with the assurance
of courteous treatment.
Corner "Washington and Third
ED 1859
was erected here two years ago, but has
been idle for the past year on account
of litigation. It is believed that suf
ficient funds will be raised to insure
its operation during the present season.
SALES PLANS TO BE DRAWN
Northwest Growers Icavo Work In
Hands of W. H. Pa-uHia-mus.
PUYAILiUP. Wash., April 14. (Spe
cial.) The drawing up of the soiling
, . i. nan,iv.frtpmpil Northwest
plain, i ' i mo ,.v... . -v. z j , .
Apple Growers' league was left in the
hands of W. H. f auinamus, iaimii
of the executive committee, by the
joint meeting of the committees from
the growers and selling organizations
in Seattle on Saturday.
"The growers' branch of the new ap
ple organization, embracing the foul
Northwest states, is completed." said
Mr. Paulhamus. "The meeting in Seat-
....... i... v. ... .... , )i D-r-nwrA and
lie oaiuiuft; v . - - -
sellers' committees was harmonious
and I anticipate no oirucumes mi
cannot be ironed out, in bringing the
selling organizations into a working
agreement. Under tho anti-trust laws
growers organizations are e-insuipi-w,
i - . 1 ..nmmi, t ftfl Wn nt t II
UU1 L 1 1 0 cavluvi.o i ... .
be sure of its ground before going
aneaa. x1 or mia icwu .i. "
mit nnr KAiiinfr nlana to the Federal
Trade Commission."
BERRY CROPJTO BE EARLY
Rains leclarcd Big Help for Record
Output.
PUYAL.L.TJP. Wash., Apriil H. (Spe
cial.! The berry crop outlook in the
Puyallup Valley is good, tne season De
ing a week earlier than that of last
year. W. H. Paulhamus, president of
the Puyallup & Sumner Fruitgrowers'
Association, in regard to the berry out-
Innlt Aald todav.
"The recent rains were a big help to
the TOwth of the plants, which win
tered well and which are a week earlier
than last year. Unless unfavorable
weather conditions intervene, the berry
crop this year will be the largest in
the history of the valley. The black
berry croD especially will be larger, as
it suffered from the arougni la-si year.
The Sumner cannery will oegin unurs-
day on rhubarb.
Ridgefield Mill Runs Full Force.
RIDGEFIELD, Wash.. April 14
(Snpci.l.l The H. J. Potter saw mill
at this place Is working about to its
fullest capacity turning lumber and
ties, the latter of which it is cutting on
a large order for the Oregon-Washington
Railroad Navigation Co., which
are being shipped to their tie plant at
Wveth. Or. About 35 men are employed
at the mill and the monthly payroll la
about $2500.
Roseburg May Get Xapa Factory.
p. H. Neill. of Napa, Cal., announced
yesterday that he probably would es
tablish a. Bhirt factory here In the near
future. He is at present owner and
operator of a shirt factory at Napa.
1... i c, in nn... hi. .miinmant
to this city. He says Roseburg is tha
geograpnicai center ui um leiruuiy.
"Water Election Petition Thwarted.
VTTT AW ATTT.-TTT fir Anril 1 i f Si 11-
cial.) At the regular meeting of the
Demand the
Most
Economical
Pavement
that's
BITULITHIC
ESTABLISH
UJJ
1
Council last niirht petitions for a spe
cial election authorizing that body to
condemn and purctoa.10 the plants of the
Milwaukie water works and the Mln
thorn Springs Water Company were
denivd consideration. This leaves tha
dispute between the city and tbe own
ers of the water plants unsettled.
Meanwhile the city is proceeding with
the construction of the muniriiial plan).
Palaces of the Pacific
H. S. NORTHERV PAfUHO
B. S. UBKAX ISORTlli-RN
De Luxe l-'ast Line to
SAN FRANCISCO
8. K. NORTHERN PACIFIC mm
April 17, 31. 25, X9, May 3, 1, 11, 15.
Steamer train leaves Portland, North Bank
depot, 9 A. M-. arrives KUvol 12:30; lunch
aboard ship; SS. arrives Sun Francisco
P. M. next day.
Frelcht delivery second morning after
shipment from Kan Francisco.
NORTH BANK TICKET OFF1CF.
Phoneo; Mar, 920. A 4b71 filh mud Mark.
FRENCH LINE
Compatmle C.enersJ Trannatlaotlquei
I'OSTAL htRVlCE.
Sailing from NEW YORK to BORDEAUX
LA T0URALVE Apr. 24, S P.M.
CHICAGO May 1.3 P.M.
ESPAGXE May 8,3 P.M.
FOR INFORMATION APPLY
C. W. Stinger, 80 th at.t A. I. Charlton,
tiS Morrlsoa t. T K. M. Taj lor, CI, M. ou
P. H. IXn,fr B. bmith. Ilo M t. A. C.
fehrldon. 1UO xd f. li. IHrkm, S4 Dud.
loctoD ftt.: orth Hunk Itoad. ftlh aad hlsrk
t.; P. . Mrl-arland, 3d and WBMhlastaa
la.i t. B. Iufljr. 14 id mU, 1'ertlaad.
AUSTRALIA
JlW Honolulu and South Sea
uti u(uiirilaitiM
"VErJTURA" "SONOMA" "SIERRA"
10.000-ton AUkKIClli fltDsrr iHtd Llod. 100 All
$110 Honolulu rSi4oTi ISjdner. $337i0
For Honolulu April IT, If ay H, '"
S-L'2. July t-S, Aug. 1-17-11, ipU 14-31,
Oct. 12 and .
For Sydney May 11, Juna (, July t, Auf.
I. Aur. "1
OCEANIC TKAMSHIr' CO.
IS Market bu. Baa Iraatlacat
COOS BAY
and eiiu:k..
S. S. ELDER
8A1IX SIINDAV. APRII, IS. A. M.
AND EVtKV 81NDAY IHtBEAl'TEB,
NOKTII PACIFIC STEAMSHIP CO.
Ticket Office H Freight Office
12 A id M. II Foot Nnrthrup SI.
MAIN 1J14, A l ilt V Mam 6.U3. A
RID DE JAMEinU
1 1 1 TH CITY BEAUTIr uC 1
BAHIA. PANTOS, MOXTEVIDKO,
Bl'KNOS ATUEH and HOHATIO.
Frelllnt allln from New York by nrw
and fajt rl?.roo-ton) paHsenirer stfiiirUT.
BLK It DAMKI.N, Orn. Agl... S Ilroud-
wiy, N. .
Doner B. Smith. Third and Wahln;toa
Sin., or I.oonl Agtw.
ji. ii.rn.iLU ja?a
S. 8. BEAR SAILS A. M., APRII. 17.
SAN FRANCISCO
LOS ANGELES
The San Franeiwco ft Portland P. P.
Tbira sua nnMnniin f-ip.
R. k W. ;o.. iei irwnwu
STEAMSHIP
Sails Direct for fan Franripwo, Los Anceles
und San Dlrao.
Friday, 2:30 P. M., April 16
I.OH ANUKLKH HTKAMWHIP CO.
124 Third M. A ob. Mailt Z".
COOS BAY LINE
Steamer Breakwater
Salla From Alnawarth rork, rortland,
S A. M. Friday. FrHakt "ad Tlvkrt
Office, Alnaworth Do-k. f'hnara Main
300, A S:iaa. Cltr Tlrkt Office, S k
Mrwt. PIhm Mun-hall 4WM), A HI M.
PORTliA.VD A COOS MAY . S. 1-1. Mi.