THE SIOTtTSTCG OREGOXIAX WEDNESDAY, APRIL 28, 191.1. OATS BIDS OPENED Albers Makes Lowest Price on Government Order. ARMY REQUIRES 300 TONS Fortluntl Firm's Tenders Are at $1.69 and $1.79, Shipment to Be Made According to Quarter muster's Specifications. The Albers Bros. Milling Company' was the lowest bidder for the Government's or der for oOOO tons of oats, bids for which were opened yesterday morning ttt the of fice of Colonel John A. Baxter, quartermas ter United States Army. The oats are to be shipped to the Philippines. The Albers Company bid 1.79 on 2000 tons, to be shipped on tho first transport after July 1. and $1.09 on 3 000 tons for August-September shipment.. The Northern ;rain & Warehouse Company, the only other Portland bidder, in a do a price of ft. 83 on the entire 3000 tons, to be shipped accord ing; to the specifications. Bids were also opened at Seattle, where the Albers Bros. Milling Company submit ted the same proposals as at Portland. W. W. Robinson & Co. tendered a bid of $1.81 .i on tho full amouut required and Kerr, Gif ford & Co. put in a bid of $1.85. The bids will be passed upon by the Wax Department at Washington, D. C. The local grain market was a dull affair, with but little interest shown in the wheat division. Merchants' Exchange sales were: 100 tons prompt oats $:to.5n 10O tons June bran 25.00 The buyer of the spot oats paid $l.r0 over the bid price of Monday, while offers for the latter deliveries were raised 23 cents. Wheat bids ranged from 1 cent higher to 5 cents lower. So little Interest was shown that on dome of tho deliveries there wero no bids at all. Tidewater receipts, in cars, are reported by tho Merchants' Exchange as follows: Wheat Barley Flour Oats Hay Portland Tues. 0 1 Tear ago .... 1:! 2" 10 ; r Ro'sn to date. ir.71! 1SH7 17SS 1SS7 1S!! Tear ago 15,21.", 2 13S 2512 1342 2403 Tacoma Mon. 12 1 j Tear aco .... li .... Ke'nn to date. S71:S r"3 Tear ago . . . 840l 71 - 5S2 2074 425 22.VJ n 1 i Seattle Sun. Year ago .... It 4 It 2 .11 Se'sn to date 4.-.0 1051 20S2 1100 2250 Tear ago :'.!7 1042 1 SKI 1174 4H09 WOOI MARKET FITVRE CN'CERTAIN Mills Taking on Foreign Wool. While Do mestic Growers TTold Back. The Eastern wool trado seems entirely at Boa as regards the future of tho market. In commenting on tho uncertainty of the situ ation. Fibre and Fabric says: 'Foreign wools continue to hold the cen ter of the stage in the Boston wool markets, while domestic wools are showing no signs of life, other than the puttering business reported from week to week. At prices "for which most of these wools sell the dealers claim that they are profitable to them and quite as attractive from the same point of view to the manufacturer when compared to the prices he has to pay for domestic wools and is quite likely to pay should the dead lock in the Western price situation not be broken soon. 'Out of the mazes of this hazy situation in rool there seems to exist, as is natural, a frreat difference of opinion ns to what the result of foreign wool buying will be on tho prices of the new clip. Some say that if the wool dealers allow a sufficient num ber of manufacturers to load up on foreign wools it Is bound to cause an easing off in the West, since it is thought that the grow ers cannot hang on as long as the majority of tho manufacturers can keep away from the domcstlo market. This might mean until they have absorbed all the foreign wool ob tainable. In consequence, this might result, through a greater than ordinary demand for it. In higher prices that might in timo top those being asked in the West for practically tho same qualities of wools. 'On the other hand, otlrers say that we have not as yet received a sufficient quan tity of foreign wools equal to what would be our normal takings of them up to date, snd since It is expected that it will be June or July before the bulk of them get here, the feeling Is that manufacturers will in the interim bo compelled to enter the market for somo of the new clip at whatever prices the growers might ask of tho dealers if the deadlock is not broken before then. "For the past two weeks fears have been entertained that consignments would become general In view of the deadlock. But as time goes on there Is a feeling abroad that such is not likely to be the case, because In the first -place the majority of the growers are not likely in their present frame of mind to consign any great amount of wool except at high asking prices. Wuilo general shear ing Is about to start in full, buyers In the West are not showing any great anxiety over missing any bots. although In a few isolated cases buyers have paid asking prices for certain clips." OOOS KBKRKIES ARE NOW LN MARKET. First Shipment Is Received From Sprtag hrook SI raw-berries Scarce. ' That the Spring is unusually early this year is shown by the fact that Oregon gooseberries are already in market. A ship ment was rocelved yesterday from Spring brook, and sold at SfijiJO cents a pound. Strawberry arrivals were light and the market was firm. Jessies from Florida sold at $2 a crate. A larger shipment from Florin and a car from Los Angeles are due today. A small shipment of California cherries was also received. A car of California Bermuda onions ar rived, whito crystal wax selling at $2.23, and yellow onions at $2 a sack. Asparagus was rather scBrce and firm. Other vege tables were steady. Wide Range In F.gr Prices. Tho egg market was reported steady. A wide range of prices was quoted in differ ent markets, but the bulk of tho business seemed to be at IS and 18 U cents. The supply of poultry was greater than the demand and dealers did not quote over l."7 cents on hens, with prospects of a lower price today. Dressed vcuwas weak, but pork was steady. The butter market was active at un changed prices. Cheese was weak at the decline. Hop Sales In California. California advices indicate a weaker hop market in that state. Among the latest sales are a carload of Sacramentos by Cnlgnohoun at 8 cents and the Roud lot of 170 bales of Sonomas at 6 cents. I. S. Marks bought 1U5 bales of Tehama hops from the Los Malines Hop Company at 8Vs cents. No business is passing in the Ore gon market. Bunk Clearings. Bank clearings of the Northwestern cities yesterday were as follows: Clearings. Balances. rortlimd $2.2.13, 5sr, ,$;il7.448 Seattle - - l,i2.GIS sti.niT Tacoma , 2S.4!is 24.303 Spokane 4.;i.87 :$p.24t 1-OBTLAKD MARKET QUOTATIONS tirain. Flour, Feed, Etc. Merchants' Exchange, noon session: Prompt delivery: Wheat lllipKlfin ........ Fort fold i ln, l;eit Kursian . . . . tat No. 1 white feed . . Barley X". 1 feed I. run Short Future. Mav bliiestem .tune I lueBtem . . . AU iorti.toid . .. Bid. .$ 1.32 . 1.27. . 1.2H . l.l'J . 33. 23 . 24. on . 24.00 . 2 1.50 . 1..".3 . l.s: . 1.21 Asked. -? 1-34 1.31 1.2! 1.24 33.30 3(1 00' 25..-.0 2i;.O0 1.34 1,31 June fortyfold 1.20 1.32'4 May club 1.26 1.2014 J dne clrb 1.2S 1.30 June red fife 1.20 1.2 May red llussian l.iy 1.25 June red Russian ........ ..... 1.2)1 May oats 33.25 33. 50 June oals 33.25 34.O0 May l.arl-y 24.t" 2U.U0 June bailey 24. (Ml 20.50 May bran 24.50 23.n0 June bran 25.00 25.50 May shorts 24.50 26.00 June shorts 23.00 27.00 FLOUR Patents. $(I.S0 a barrel; straights. $6.25; whole wheat. $7: graham, $6.80. M1LLFEED Spot prices: Bran, $2 per ton; ehorts $2S; rolled barley, $30031. CORN Whole. $;'S per ton; cracked. $36 per ton. HAY Kastern Oregon timothy, $14 15; Valley timothy, $1212.50; grain hay, $10 12; alfalfa. $12.5013.50. Fruits and Vegetables. t Local jobbing quotations: TROPICAL FRUITS Oraneesr navels, $2.503 per box; lemons. $3.50j?4.50 per box: bananas. 4i45c per pound; grapefruit, $43, pineapples, 7c per pound: tangerines, $1.251.75 per box; blood oranges, $1.50 per box. VKGBTABLKS Cucumbers, hothouse, $t$j,1.50 per dozen; artichokes, 75c dozen; tomatoes, $5 per crate; cabbage. 2 14 3 Vic per pound; celery, $4.50 per crate: cauli flower, 70c$lJ2o per dozen; head lettuce, $2.25 per crate: spinach, 5c per pound; rhu barb. 1 i (& 2ci per pound: asparagus. 75CS) fl.10 nor dozen: eggplant, 25c per pound; peas, 7Sc per pound; beans. 12 15c per pound. (iltEEX FRUITS Strawberries, $2 per crate; apples, $14?1.75 per box; cranber ries. $111. 12 per barrel; gooseberries, 8 1 le per pound. POTATOES Old, $1.73 2.25 per sack; new. G&8c per pound. ONIONS Orenim, selling price, 75c per sack, country points; California, Jobbing price, yellow, $1.75 2; white, $2.25 per crate. SACK VEGETABLES Carrots, $1.5o per sack; beets, $1.50 per sack; parsnips, $1.23 per sack; turnips, $11.50 per sack. Dairy and Country Produce. Local jobbing quotations: , EGGS Fresh Oregon ranch, case count. 18 18 Ma per dozen. ruLLTHY Hens. J5c; broilers, Jo f?27M:C; fryers. 18(&i20c; turkeys, dressed, 22f 24c; live 1820c; ducks, 12(3 13c; geese, S !)c. BUTTER Creamery, prints, extras, 25e per pound in case lots; more in less than case lots; cubes, 2122c. CHEESE Oregon triplets, jobbers' buying price, 14c per pound. , f. o. b. dock, Port land; Young Americas, 15c per pound. V EAT. Fancy, 11V-e per pound. PORK Block, lOlov-c per pound. Staple Groceries. Local jobbing quotations: SALMON Columbia River one - pound talis. $2.30 per dozel; half-pound flats, $1.5o; one-pound flats, $2.50; Alaska pink, one-pound talis, $1.0.-. HONEY Choice, $3.?5 per case. NUTS Walnuts. 15i3!24e per pound; Bra zil nuts, 15c; filberts, 15??24c; slmonds. 23 &)24c; panuts. fiic; cocofimits, $1 per doz en; pecans, 1920c; chestnuts, 10c. BEANP Small white. 6V;C: large white, ec; Lima, H4c; pink, 58c; Mexican, 0Hc; bayou, 6'Ac. OOFFKE Roasted. In drums, 3m33Vie. SUGAR Fruit and berry, $8.70; beet. $0.50; extra C, $6.20; powdered. In barrels, $6.05: cubes, barrels, $7.10. SALT Granulated, S15.50 per ton: half ground, 100s. $10.75 per ton: 50s, $11.50 per ton: dairy, $14 per ton. RICE Southern head 6 '.4 Iff fi c : broken. 4c per pound; Japan style, 53Uc. DRIED FRUITS Apples, 8c per pound: apricots. 13(5'15e; peaches, Sc; prunes, Ital ians, Sfji'Oe; raisins, loose Muscatels. Sc; un bleached Sultanas, 7c: seeded, Oo: dates, Persian, 10c per pound; fard, $1.65 per box; currants, S-H ij !2e. Hops, Wool, Hides, F.tc. HOPS :t14 crop, nominal; contracts, lie per pound. HIDES salted hides. 13c: salted kip, lSVsc; salted calf, 17c: green hides, 12c; green kip, 13c; green calf, 17c; dry bides, 24c; dry calf. 2Cc, WOOL Eastern Oregon, medium. 25tg?fle; Eastern Oregon, fine, 1618c: Valley, 280 30c. MOHAIR New clip, 324(fT33e per pound. C ASCA R A BARK Old and new, 4(84iic per pound. PELTS Dry long-wooled pelts, 15c; dry hurt-wonled pelts, 1?,c; dry shearlings, eacb, 10c; sailed shearlings, each, 15fff25c: dry goat, long hair, each, 13c; dry goat, shear lings, eneh, 10(2oc; salted Bheep pelts, April. $14J2 each. Provisions. HAMS All sizes, 17 t 18 M c : skinned, 17 Gf-ISc; picnic, 12c; cottage roll, 13 Vic; broiled. lOtfrSRc. MACON Fancy, 27W2Kc; standard, 23 21c' choice, 17 i ?22c; strips. 17V4e. DRY SALT -Short clear backs, i315yic: exports. 1317c; plates, llVjia13o. LAUD Tierce basis: Kettle rendered, 12V-C; standard. 12c; compound, 8c. BARREL GOODS Mess beef 23c: plate beer, $24.50; brisket pork, $28.r,0; pickled pigs' feet, $12.50; tripe, $11.50 0 11. Bo. tongues. $25(3'30. OUs. KEROSENE Water white, drums, barrels or tank wagons, 10c; special drums or bar rels. LIVfcc; cases. 1 7 M; 8 -0 Vi c. GASOLINE Bulk, 12s; cases, 10c; engine distillate, drums. 7 Vic; cases, IVic; naphtha, drums. He; cases. ISc. LINSEED Oil. Raw, barrels. 75c; raw, cases, 80c; boiled, barrels, 77c; boiled, cases, 82c. TURPENTINE In tanks, 60c; in cases 67c; lO-case lots, lc less. SAJf FRANCISCO rKOIIl'CE MARKJ2TS Prices Cnrrent in the Bay City on Fruits, Vegetables, Ktc. SN FRANCISCO, April 27. Butter Fresh extras, 23Vic; prime firsts, 22Vic; fresh firsts, 22c. ' Eggs Fresh extras, 22c; fresh firsts, 19H-c; selected pullets. 20c. jL'heese New, Sialic; Young Americas, l'-c; Oregons. I4c. Vegetables Hothouse cucumbers, $1.50oi) 1.75: asparagus. $1.25 hl. HO ; string beans, f,ffi'7c: wax, 5(o6c; peas, 3Ci4Vic; celery, $1.50Ca'2; Summer squash. 65fttfS5u. Onions California, 73c!a$l; Oregon, 90c $1.00. Fruit Lemons, $1.50 (a-3: Mexican limes, $4rn,5; grape fruit, $1.251.75; oranges, $l.52.r0; bananas. Hawaiian, $1.50(125; pineapples, Hawaiian, 4(i:5 per pound; ap ples. Pippins. h0cp$l.l5; Oregon reds, $1.50 $1.2; other stock, 40'a'75c. Potatoes Oregon, S1.50WZ: Idaho, $1.50t?i 1.90; new, 2&'3c; Lompocs, $2; sweets, $1.75 6 1.90. Receipts Flour, 4970 quarter sacks; bar ley, S3S0 centals; potatoes, 2450 sacks; hay, 270 tons. HOQUIAM BOND VOTE SOON H $157,000 is Issued May 25, City Will Be IMit on Cash Basis. HOQUIAM, Wash., April 27. (Spe cial.) Approval of a bond issue to be voted on May 23, which provides for the issuance of $157,000 in bonds, prac tically will put Hoquiam on a cash basis. The 'call for the election has just been issued by tho city commis sion, and is made under tho law passed by the last legislature providing for validating current expense warrant indebtedness. The election was to pass upon two issues, the validation of $145,000 in current expense indebtedness and the issuance of $157,000 in bonds to pay off the old warrants and meet the accrued interest on these warrants. As there is practically no oppesitiou to the plan, it is expected that the bonds will be carried. If such is the case, with the sale of the bonds Hoquiam will be one of the few cities of the Northwest with no warrant Indebtedness. Wapalo FVnit Xot Damaged. YVAFATO, Wash., April 27. tSpe cial.) Fruit men of this section report no loss from frost to the fruit crop. All soft fruits promise an abundant crop, while apples will be only about half a crop. The shortage in apples Is not accounted for, -except that it might be an off year for the fruit. Hopes are entertained that the short crop may be made up by additional price. ' Douglas Sends First Berries. ROSEEUUG, Or., April 27. (Special.) C. K. Henry, a well-known rancher of Dillard, has the distinction of ship ping the" Mrst crate of strawberries from Douglas County to the Portland mar kets. The berries left here Saturday. They were large, of excellent color and were well flavored. They met ready rale at fancy prices in the Portland markets. Portugal is an agricultural and not a manufacturing coun'.ry, and Its prosperity depends to a large extent on the success or failure of tho crops. LAST MOHAIR POOL Lebanon Growers Obtain 33 3-8 Cents for Clip. HIGHEST PRICE OF YEAR Values , in 1915 Are Strengtliened by Extreme War Prices for Wool. Record of Sales in Previous ' Seasons Presented. The mohair pool sale at Lebanon yester day disposed of the last pool formed in Oregon this year, so fas as local dealers have been advised. The price paid, 33 cents, was the best of the season, topping the Brownsville sale price by a quarter of a cent. There is a considerable quantity of mohair still remaining in the valley which will be disposed of at private sale. The 1915 pool sales, the quantities offered and the prices realized were us fallows: Cents. Walker. 1700 pounds ? ' ' S1; ?lt Kddyville, H2,0tH 3" - Kiddle, L'OOO pounds ''SjJ'Tn Selo VJ.O00- pounds - fi:; , i Brownsville, 00OU pounds Junction City. 10,000 pounds Lebanon. 0,000 pounds For purposes of comparison, the results of pool sales in former years are given. Last year mohair prices slumped, largely because of the tariff change. This year the war prices for wool "gave strength to the mohair market. The record of Ithe 1014 sales fol low: Cents. Eddyville. 30.000 pounds .....L'S Cottage Grove, l'J.000 pounds - H Junction City. 13.000 pounds -'i'.a Lebanon. 18,000 pounds -Sl4 Scio, IH.OOO pounds 28 Fool sales In 1013 were as follows: Cents. Riddle. 10,000 pounds 33 '4 Brownsville. 7WO pounds 33 Carlton, G.'iOO pounds ',: Iebanfm. 'Jr-.OOO pounds Scio, 20.000 pounds 4 Kddvville. 2R.000 pounds Cottage Grove, 10,000 pounds 34 The following prices were obtained in 112: Cents. Carlton. 2000 pounds '.F'-S"' Brownsville. 7000 pounds ". Kddyville, ' lO.ono pounds :tS.4." Hlllsboro. 4O00 pounds 34.75 Scio, B000 pounds 36.23 LEBANON. Or.. April 27. (.Special.) The Lebanon mohair pool was sold this afternoon to A. M. Reeves, of l.ebanonr for 3:1 cents a pound. The pool comprises between 300O and OOOO fleeces and w-ill amount to about 20,000 pounds. EARLY GAINS ARE LOST EXTENSIVE STOCK SELLING WIPES OUT ADVANCES. I iquldntlon Due to Reports That Italy Had Recalled Her Diplomatic RcpreMentatlves. NEW YORK. April 27. Such activity as was manifested by today's stock market was almost wholly at the expense of quoted values. Trading in the first half of the session was the lightest of any day for sev eral weeks, but this condition was reversed In tile last hour, when an extensive selling movement wiped out a good part of the earlv gains and caused some net losses. The selling was preceded by reports that Italy had recalled her diplomatic repre sentatives at the leading .European capitals. Including Berlin. There were some recov eries from lowest prices, notably in United States steel, but the closing was distinctly irregular. steel was easily the chief feature of the session, reassumtng its place as leader. It registered a small decline at the outset, but Brew steadily strong with the progress ot the session and was at its best w lien the late liquidation checked its course. The movement in steel was watched with unusual interest, because it was expected to give a possible hint of the company's earn ings for the first quarter ot the year. This statement, which was not issued until after the market's close, showed earnings of $12, 457,8o. an increase of $1,524,639 over the preceding quarter. The deficit, after pay ment of the preferred dividend, was $3, 3S!,X01, against $5,006,2S3 reported three months ago. Coppers were less prominent than hereto fore, despite a higher quotation for tho metal based on largo foreign orders. Invest ment Issues in the railway division evinced a firmer tendency until overtaken y con certed liquidation. Tho Krie road reported a March net gain of $183,000. and Missouri. Kansas & Tekas, whose affairs are In progress of reorgan ization, gained $375,000. Total sales of stocks amounted to 673,000 shares. Bonds were fairly firm on a moderate amount of dealings. Total sales, par value, aggregated $5,."84.O00. United States bonds were unchanged on call. CLOSING STOCK QUOTATIONS. Closing Sales. High. Low. bid. Alaska Gold 34 30 38 SS'i Amal Cop 21,0110 78 7'4 77 Am Beet Sugar. 13.T.OO 30 48 40 Amer Can 44.1O0 37S :ui'i :; Am Sm & Refg. 7,2o 74 72 73 do pfd ::H 1"7 lOK - liHi Am Sugar Ttefg. 1.8110 111 llo 111 Am Tel & Tel.. 1.100 122 120 121 Am Tob 1.2CM1 24oii 230 230 Anaconda Win.. U..I0O 38 Vs 37 37 Atchison 4.000 04 103 10 F.alt Ohio.... 3.000 78 77'i 77 Br Rap Trans.. l.BOO JH 90 91 Cal Petroleum.. Stoo 18 17!i 1S Can Pacific 5,100 1W3 l5tj 17 Cent leather... 18. loo iV. 39 30 l'ho & Ohio... 1,500 47 47 47 Chi Cir West... , 4"0 12 12 13 Chi Mil & St I'. 1.900 9tS 93 95 'i Chi & N W 130 ("hlno Copper... 4.:W 40 46 48 Colo F & lion.. 3.700 32 31 32 O & K G 7 '.4 do pfd 12 Dist Securities.. 2. 000 rjti 11 12 Erie . 3.SOO 2S 2 2S Gen Electrlt .".00 143 152 152 Gr North pfd... 1.000 121 120i,i -121 Gr Nor Oro ctfs. 3.400 .".7 .".7 3 (iugirenheim Ex. 10,400 64 J2 62 Illinois Central. Ill Inter-Met pfd.. 2,200 71 70 71 Inspiration Cp. 223 . 34 33 33 Inter Harvester - 103 1 K c Southern.. Hon 25 25 23 Lehigh Valley.. 2,500 143 142 143 Louis & Nash 124 Mex Petroleum. 31.000 9 S7 89 Miami Copper.. 9.3o 28 27 21 SI K T 2.2rt 12 31 12 Missouri Pacific. - 4.700 13 12 i:; National Biscuit 12o National Lend.. 2.700 64 63 64 Nevada Copper. IO.I11O 36 16 16 N Y Central.... 2. loo 80 88 SSi; N Y. N H & H. 4,600 6S 66 67 Nor & West 500 105 105 1115 Nor Pacific 1.34M1 lull 2-f'0 1091. Pacific Mail 2.U00 23 23 22 Pac Tel & Tel sa Pennsylvania ... l.ooo, 110 11" 1'" Pull Pal Car... 3"M 301 3110 161 Rav Cons Cop.. 18.4ort .-,7j, .; 14 04 Reading 38. 000 152 350 15o Rep Ir Steel. 2.2oo 20 2! 28 Rock Isl Co.... 30O do pfd , 1 StL&SK 2d pfd 3 South Pacific... 9. mo 95 92 92 Southern Ry. . . . l.noo is 18 18' Tennessee Cop; l.SOO 33 34 34 Texas Co 1D6 Vnlon Pacific. 300 132 3SO 1.11 U S Steel 07,500 58 57 57 do pfd 500 309 108 '109 Utah Copper.... 27. OO0 71 69'4 70ii Wabash pfd... 611O 2 2 Hrl Western Union. 1.2O0 6S 68 6S Westing Elec... S.4O0 "87 S7 85 Montana Power. 600 54 33 53 Total sales for the day, 673,000 shares. BONDS. U S Ref 2s. reg. 8Nor Pac 3s. b. . 64 do coupon.... 98; do 4s 52 U S 3s, reg 101 Union Pac 4s... 96 do coupon 101jSo Pac Conv 3s. 101 U S N 4s. reg.. 109, C. M & S P C .Is. 10!) do coupon. ... 110Penna Con 4s.304 N Y C G 3s, b 80 1 Money. Exchange. Etc. NEW YORK. April 27. Mercantile paper, j o vi o per veil 1. Sterling exchange easy. 60-day bills. $4.7625;; for cables. $1.7960; for demand, $4.7035. Bar silver, 50c. Mexican dollars. 38 c. , Government bonds, steady: railroad bonds, firm. Time loans, easier: 60 and 90 dys. 2 (re:: per cent; six months. 3ft):ti; per cent. Call money, easybisb iew 1 Jt per csat; ruling rate, 2 per cent: last loan. 2 per cent; closing bids, H per cent; offered at 2 per cent. SAX FRANCISCO, April 27. Sterling. 60 days, 4.7; demand. $4,791; cable, $4.80. LONDON, April 27. Bar silver, 23 13-16d per ounce. Money, 1 1 per cent. Dts-" count rates, short bills, 2 per cent; three months, aio-ltiffrS per cent. IMPROVEMENT IN STEEL INDVSTBV Favorable Report Issued by Corporation lor . Past quarter. NEW YORK. April 27. Decided Improve ment in the steel and iron industry is seen In the financial statement of the United States Steel Corporation for the first quar ter of the calendar year, issued today. Taking the report by months It shows that March earnings were $8,004,136, as against $4,511,058 in February and $2,567,167 in January. Total earnings were $12,457,809, a gain of $1,534,639 over the preceding quarter, the net income showing an increase of $339,313. This left the small balance of $915,038 ap plicable to payment -of the usual preferred dividend, which required an outlay of $6,304,919. To meet this deficit it was neces sary to draw on last December's undivided surplus to the extent of $5,389,S61. Contrary to his usual custom. Chairman Gary refrained from any public discussion of trade conditions, but it was said that the mills of the company now are operating from 63 to 75 per cent of capacity. The corporation's foreign business Is said to have shown a marked gain over the last quarter of last year. Weekly Bank Clearings. - ' Bank clearings In the Unted States for the week ending April 22 as reported to Bradstreets aggregate $3,605,965,000, against $3,42 3,006,000 in the previous week and $.1,597,071,000 in the same week last year. Following are the returns for the same week with percentages of change from same week Jast year-; Increase. New York $2,165,039,000 .4 Chicago 323,311,000 1.8 Philadelphia 155,261,000 2.6 Boeton 166.127,000 3.4 St. Louis S1.S13.0O0 l.S Kansas City 73. 174.000 40.0 Pittsburg 58.S42OO0 3.7 San Francisco 5l.619.tiO0 S.4 Baltimore 34.419.O00 4.1 Minneapolis 19,073.000 9.0 Detroit 27,769.000 13.9 Cincinnati 25,073, OoO .9" Cleveland 2X.244.0OO 17.3 Los Angeles 21.429.000 14.2 New Orleans . . . 18.31 6,000 9.5 Omaha 14.7S3.000 2.4 Milwaukee , 14.!93.ooo 2.6 Atlanta 13. 3H6.00O 13.7 Louisville 11,074,000 l.l.S Seattle 12.182,000 6.5 Buffalo 11. 463. 000 5.7 St. Paul . . 10.S31.00O 2.0 Portland. Or 10,921,000 alt Lake City 7.01S.OO0 7.6 Kpokape 4.3S4.O0O .... Oakland 3.361,000 4.2 Tacoma 1,909.000 3.8 Sacramento 1. 733.O0O S.l San, Diego 1,950,000 13.8 Decrease. wool trices decline at London Fourth Series of Auction Sales Is . Opened. LONDON, April 27. The fourth scries of the wool auction sales opened today with offerings of 12.500 bales. Tho selec tion was good, and the attendance large, in cluding a few American traders. Traders hesitatcd'at the opening in making bids, but a better business was done later. Good merinos showed little change, while medium grades sold 6 per cent under the last series. 'Inferior stock realized 7 to 10, and cross-breds 5 to 7 per cent under the last sale. Cape of Good Hope and Natal greasy showed a loss of 10 per cent. Slipes were steady. Americans took a few scoured merinos. The principal buying was done by the home trade. France purchased little. Coffee Futures. NEW YORK, April 27. The market for coffee futures was much less active today, and scattering accounts appeared to have been pretty well evened up, while May notices were circulating yesterday. After opening quiet at unchanged prices, the mar ket, eased off under small offerings in the absence of prompt support, but steadied at a net loss of from 5 to 10 points and later rallied on near-month coverings. The closs was net J point higher to 5 points lower. Sales. 8000 bags. April, R.96c; May, 5.96c; June. 6-OSc: July, 7.23c: August, 7.:ilc: Sep tember. 7.39c; October, 7.45c; November, 7.49c; December, 7.54c; January, 7.61c; Feb ruary, 7.67c; March. 7.74c. Spot quiet. Rio No. 7, 7c; Santos No. 4, 10c. Cost and freight offers were reported un changed. Rio exchange, 1 1-1 6d lower. Mll reis prioes unchanged. Naval Store. SAVANNAH. Ga., April 27. Turpentlna, 4514 .40c. firm. Sales. 262 barrels; re ceipts, S17 barrels; shipments, 513 barrels; stocks. 20.061 barrels. Rosin firm. Sales, 2906 barrels; receipts, 3030 barrels: shipments, 3060 barrels; slocks, 81,959 barrels. A, B, $3.30; C, D, $3.40: K, $3.45; F. $3.55: G. $3.66; H. I, $3.75; K, $3.S5: M. $4.20; N. $5.15: WG, $5.60; WW, $3.70. . . Wallowa Crop Outlook Good. "WALLOWA, Wash.. April 27. (Spe cial.) The recent rains have been a great help to the Wallowa Valley and the outlook for crops is excellent. Tho Fall grain has never looked better. Tho acreage of Spring grain will bo large, owing to the high prices. The season is at least three weeks earlier than usual. Tho fruit trees are blos soming and unless unfavorable weather conditions prevail the prospect is favor able for much fruit, as the rains have not damaged the buds. T e Spring so far has been quite free from hard frosts. Help Others to Buy of You by Buying of Them This Is the Time of CROP OUTLOOK RUE Prospects Are Possibly Best Ever Known. WHEAT SELLING IS HEAVY Optimistic Reports From Growing Sections Are Responsible for Slump at Cli lea go Export Demand Is Less Urgent. CHICAGO. April 27. Excellent crop pros pects for the United States, possibly the best ever known, led to heavy selling today in the wheat market here. The outcome was a nervous close ut le to 2 o. net decline. Corn finished le to ltfrc down, oats off lc to 2e2c and provisions the same as last night tp 7c higher. Prices for wheat began to break almost as soon as trading began. Attention quickly centered on flattering advices regarding the outlook for a big domestic yield and es pecially in the more important Western states., the result of fine growing weather coming after reasonably good rains. Notable lessening of urgency in the export demand. whether for old or for new crop deliveries of wheat, tended, much to emphasize bear ish" sentiment. Corn gradually weakened with wheat. Besides, cash demand was relatively slow, ihr weather ideal for planting and predic tions were current that delivenies on May contracts would be large. Bears had their own way In the oats market. Field reports were most promising and terminal stocks big. Higher values for hogs made provisions firm. The bulk of the trade consisted of changes from nearby options to those more deferred. Leading futures ranged as follows: . WHEAT. Open. High. Low. Close. May $1.64 $1.64 $1.61 $1.61 July 1.37 1.38 1.34 1.35 CORN. May 77 . .77 .75 .76 July 79 .80 .78 .78 OATS. f .54 .53 Mar July 56 , .56 . .53 55 .55 .53 MESS PORK. Julv Sept, IS. 10 18.12 1S.02 18.07 18.65 18.60 18.47 18.52 LARD. 10.40 10.35 - 10.4O 10.65 10.62 10.65 July Sept. . .10.?5 . .10.62 SHORT RIBS. ..10.5O 10.52 10.50 10. 5S ..10.80 10.82 10.77 10.83 July Sept. Cash pricea were: Wheat No. : red. $1.62 1.2 ; No. 2 hard, $1,6341.63. Corn No. 2 yellow 77 '4 7Sc; No. 4 yel low. 75 g 76c. Rye No. 2. $1.17. Barley 74'itSlc. Timothy $5 6.50. Clover $8.50 12. 50. Kuropean Grain Markets. LIVERPOOL. April 27. Cash wheat un changed to d higher; corn unchanged to d higher: oats d higher. PARIS, April 27. Cash wheat and flour unchanged. Minneapolis Grain Market. MINNEAPOLIS. April 27. Wheat May. $157; Julv, $1.51; No. 1 hard. $1.63,: No. 1 Northern. $1.50 tr 1.63 ; No. 2 North em, $1.55 m 1.60. Barley, 6Gfn 74c; flaxy $1.91 iff 1.03 tj. I'uget Sound Grain Markets. SE YTTLK. April 27. Wheat Bluestem, $1.32; fortvfold. $1.28; club. $1.27: fife. $1.26; red Russian. $1.23. Barley, $25 per ton. Yesterday's car receipts, wheat , oats 5, hay 5. fiour 9. TACOMA. April 27. Wheat Bluestem, $1,3261.33; fortyfold, $l.a)rai.30; club. $1.20; red fife. $1.27. Car receipts, wheat 12, barley 1, hay 4. Grain at San Francisco. SAN FRANCISCO, April 27. Spot quota tions: Walla Walla, $2.2041. 2. 2S : red Russian, $3.20(ji 2.25 : Turkey red, $2.252.30: blue- stem $2.25f2.30: feed barley. $1.27 1.30 ; white oats, $1.77 fn 1.S0 : bran. S264P26.50: middlings. $.'12'33; shorts $26.60fi27. Call board: Barley.' May $1.26 bid, $1.27 asked. CaKcara. Bark at J-ondon. London Mail advices say of cascara bark: "This easily takes first place this week. An order for 20 tons on the market, we hear, lias yet to be placed. Also, there has been fresh business done in ton lota of r years old at 47s 6d and 3 years old at 4Ss. Re ports of scarcity still filter through, but there is some left yet." Metal Market. NKW YORK. April 27. Tin firm, 41.50c bid. Iron quiet, unchanged. Copper, strong; electrolytic, 18.73c: cast ing. le.37ffl 1 8.50c. Lead steady. 4.15Cji4.20c. Spelter, firm; spot. 13c; May, 13o. Cotton Market. NEW YORK, April 27. Cotton Spot, quiet: mid-uplands. 10.50c: no sales. qif the manufacturer can't sell goods, he can't buy labor. t If the workman can't sell his time, he can't buy so much to wear and to eat. CJIf the farmer can't sell his wheat to the workman, the farmer can't put money in the bank. CJThe more we all buy the more we can all sell. The quicker we start it, the sooner will come the sunshine. I Let's all heave-ho together and begin at once to buy these immediate needs whose pur chase we have been delaying. Start again . the wheels of progress. BUY IT NOW! All Times' for the U. S. A. Let's All Get Busy THE FIRST NATIONAL BANK Fifth and Morrison Street Capital and Surplus - - - $3,500,000 A general banking business transacted on the safest and 'most accommodating lines consistent with sound banking. THE Oldest Bank in the Pacific Northwest cordially invites your account Subject toCheckor in its Sav ings Department, with the assurance of courteous treatment. Corner "Washington and Third ESTABLISHED 1859 111 HOGS NICKEL HIGHER TOP GRADE BRINGS fJ8.05 AT LOCAL. YARDS. Half-Fed Stock la Reins Hclii Dark In the Country to Finish. The local hog market gained another nickel yesterday. Only a few loads came In and there was but little in other lines. A single load of hogs was moved at the new price of S.&0. and the. remainder or the limited offerings did not grade up to the top. Reporting on the local hog situ ation, the Livestock Reporter says: "Feed ers are in the yards looking for suitable stuff to put into their feed lots, but are not able to find it. With the advance In local prices the half-fat hogs are not coming In. as with pasture and home grown feed available it Is more profitable to finish this stuff. No cattle were on the market. A few small lots of sheep and Iambs sold at cur rent prices. Receipts were 24 cattle. 10 calves, 3j0 hogs and 03 sheep. Shippers were: IVlth hogs Jens Mvgaard. Roosevelt, 1 ear: Roy 11. Bobbs. Washougal, 1 car; Q. B. Burdlck. Albany. 1 car. With mixed loads T. R. Gallagher. Yam bill 1 car cattle and calves; W. 11. Brown. Lebanon. 1 car hogs and sheep; J. C. Liavls. Hhedd. 1 car hogs and sheep. The days sales were as follows: Wt. Prlce.l Wt. Trice. 8 hogs ,ri hogs 8 hogs I hog 71 hogs Kilt -.ou l nog ii ! 2s4 7 :0 7 hogs 101 8 00 in.", 7.20 :i hogs -jimi mm . 400 7.:lol ! ewes .... I'.." 4.23 1M4 t.052:i s. lambs ..71 0.O0 255 7.tJl20 m. sheep. 1.V2 5.2. io hobs ... ... ---T --.',., Prices current i i"w -l"v-"J - the various classes of stock.: Best steers Choice steers Medium steers t'holce cows ...... Medium cows ......... Heifers Bulls Stags Hogs Light Heavy ............... i Sheep - Sheared wethers sheared ewes Sheared lambs Full wools 1 higher. 7 .BO 7.75 7.01 f 7.25 6.75 "i 7.00 i 8.73 , 5. no 5. 75 , 5.00'a6.23 , 4.0U'rt5.73 , 5.00j 0.50 7.O0 'ft S.O.I 6.00 7.0.1 , 6.7r.fr7.no , 6.3'l'iR 73 ..7.754J.8.00 Omaha Livestock Market. SOITM OMAHA. April 27. Re ceipts 15.500, lower. Heavy. 71. ..: light. $7.20m 7.::o: pigs. a.r.or,i 7.25; bulk of sales. t7.1.""j,7.2.V Cattle Receipts. 200. steady. Jwstive steers. 7.00fn 8.4o; cows and heifers, (fi7S0; Western steers. .."0i 7.; Texns steers J.nO 7.H1: cows and heifers. 5.:;5 4r7.0; calves. ts.Oo'n lO.OO. Sheep Receipts. hOoo. slow. Yearlings, JR.KOti !.40: wethers 17.808.60; iambs, fl0.23'a 10.80. Chicago Livestock Market. rHICAfiO. April 27. llKs Receipts, 1 OOO. strong to K cents above yesterday's average. Bulk. 7.H3'ff 7.55; light, 7.2.14 7 00; mixed, 7.207.0;heavy. .90-r7.5O; rough. 6.0O7.10; pigs. to.2o&6.75. Oattle Receipts :i0.0OO. steady. Native beef steers. . lOU S.lir. ; Western steers.trj.KO 7.4: cows and heifers. f.1.vO8.40; calves, Irt.T.OM O.OO. Sheep Receipts lO.OOO.steady. Sheep, $7.50 jits. oil; lambs $w.:toi 1 1.OQ. Chicago Dairy Produce. CHICAGO, April 27. Butter unchanged. Kgzs lower. Receipts. M.19S rases; at mark. to Make Vast Strides cases included. 1719c: ordinary firsts, 1TV Wise; firsts, lsHral9c. Hops, Ktc., at New York. NEW YORK. April 27. Hops, easy; sta' common to choice 1914, 10'jlJc. Woo;, steady. Hides and tallow, dull. Uulath Unseed Market. rlTLt:Tll. April 27. Linseed on track, ar rive mil May, l.jy; July. i.9; Septem ber, $2.01. New York Sugar Market. NEW YORK, April 27. Raw sugar firm. Centrifugal. 4.64c; molasses sugar, 3.S7C. Refined steady. Dried f'rnlt at New York. NKW YORK, April 27. Kvaporatrd ap ples, dull and nominal; prunes, quiet; e,-i he., n eele-i 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. Kichance oa London. Kndisd, lioua bt and bold. PORTLAND BRANCH, Corner Second and Stark Sts. F. C. MALPAS, Manager. TKAVKf.KKV Ill lOK. Palaces of the Pacific tJ. 8. NORTIIKR.N IMCIFIO 6. H. GKKAT NORTIIfcBN le I.uxe Fast l ine to SAN FRANCISCO 8. K. NORTHERN I'ACIFIU bails AprU 17. SI, 23, 29, May . 7, 11, 10. Steamer train leaves Portland. North Rank depot. A. M.. arrives i'lavl 12.30; lunch aboard ship; bS. arrives ban Francisco S:3 f. M. next . day. Freight delivery second mornlns aftee shipment from tssn Francisco. NORTH BANK TICKET OFFIfK, Phones: Mar. 2u, A 6671 AID. and Mara. San Francisco VOU A NO ELKS AND BAN DIEGO ' SS. YUCATAN Hails Med., April 28, at 1'. M. NORTH PACIFIC STEAMSHIP CO. Ticket Office 1 22 A Sd bt. (Freight Office, loot ..rtUrnp kt. Main biv, A 6422 Main 1414. A 131 ti. S. BEAR SATI.H 9 A. M. MAY 2 SAN FRANCISCO LOS ANGELES The San Frenrlftco at Portland H. S. C'e Third and Washington rls. (with O.-W. H. M. Co.). Tel. Marshall 4301). A ei-iL. SPECIAL. OXK-WAT AND KOC'ND-TRIP . KAItKS To AM. ALASKA POINTS VIA FOLLOWING 1-lKiMKHM Maripoa I'olpliin 4 M.v of Kiiokane .leffernou Northwestern Almiral Ktun Aiamcdai City of Seattle Admiral ilulwa FleservH ttnn MH1e l.y wire. FRAK 1MII.MM, rwimer Aicent, 1J4 Third Street fWith Denver & Ulo Grands Tt. It.) Main !. A ir.no. COOS BAY LINE Steamer Breakwater Salla From Alosworth Dock. I'ortlaod. 8 A. 91. Friday. FrelKkt and Ticket Office, AlfiNVtorth Dock. Thonea Main ;tH(, A 2WJ. City Ticket Office, Ml tn Street. I'honea Mnrahall I.'.IMI, A l:ll. POKTLAM) A COOS BAY S. S. I.IXfc- AUSTRALIA j NKW ZEALAND AXI SOI Til ftK.tS. Hesuiar, lhrouKh sailing tor iyuimy via Tallin and Wellington from ban f rsnclsc, J April VS. May Sti. Juns ii. and avary t r!a. r-end for pamphlet. tnlon btramhl Co., of New Zealand, I.tfL t lirflce t;il Market itre-t. Sao Irraucisco, I or local . S. and It. K. agents. I American-Hawaiian Steamshi? Co. A-l Steam.h,p IIONOI.tI.AN" 7."'J Grose Toi:m Carrying First-Class ps!engcrs Only to NEW YORK via the I'anaina canal, tails from b;in 1'iinriM'u ou or about r MAY 1TH. 1 are If 1 50.00. C. I. KENNEDY. Aent. Z'.n Stark Street. rortland. Or. DitLES-COLlMBIA LINE. Steamer State of Washington Leaves Taylor-st. dock dally except bunday. 11 f. M. for Tns Dalles and way landlns. carrying freight and pasuenaera. Returning, leaves The Dalles dally, 12 noon, except Monday. Tel. Main 613. Faro $1. berths Boo. STEAMER SERVICE. KSZ5. Bteamor IIASSAI.O leaves Anh treet Dock dally except Satur day. 8 M.. for Astoria and way pointa. Returning-, leaves jtti. J 1CKCII anu x - . rv. CsS it. ' City Tickat Office. Third ar.d AVa&tiiiiatoa street or at Arh-streut Uuck. fhooaa. i War!. ail &0U. A