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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (March 11, 1900)
THE SUNDAY OpEGONIAN, POBTLAD, MABCH 11, 1900. MORE BIG CARGOES .Portland Lumber, Firm Is1 Still Breaking Records.1 NEW STEAMER FOR COAST ROJJTES Ship Chartered for Next Century Iondinj?-" Tonnage Situation Still Firm Beeckdalc Clears. Tho Pacific Export Lumber Company, of this city, beats trie world on te car goes, whether they come singly or In bunches. They cleared the British steam ship Elm Branch. -from Portland yester day for Victoria Bay, Tallenwan, or Port Arthur, with 2,413,347 feet of lumber, valued at $24,132, and 4000 barrels of flour, valued at 511.000. This la the third big cargo 4Jspatched by this firm within the past fortnight Early In the week they cleared the steamship Inverness from Pu get Sound with 2,187,000 feet of lumber and 7000 barrels of flour, and In the lat ter part of February they cleared the Nor wegian steamship Guernsey from "Vancou ver, B. C. -with 3,200,000 feet pt lumber, and several hundred tons of flour, a total of over 7,800,000 feet for the three cargoes. The Elm Branch finished loading yester day afternoon and will leave down today. Both tho Guernsey and the Elm Branch have carried larger cargoes of lumber than those with which they are just clear ing, but the space taken up by the flour on board prevented their carrying as much lumber as on former trips. 2SCXT CENTURY LOADING. First Charter for 1001 Loading Re ported. Yesierday. The first charter from a Northwestern port for next century loading has Just been reported. The German ship Wilkom men has been chartered for wheat-loading from a Bound port at 38s 9d for December, 1000, or 37s 6d for January, 1901, with the option of salmon-loading on the Frazer river at 40 shillings. These are the highest rates that have been paid this season for a ship so far distant, and Indicate great faith in the market for freights. For Portland loading quite a number of ships have been taken as far along as November and December, but thus far 37s 6d has been the limit paid lor new crop business, while some of the ships were secured as low as 85 shillings. There Is very little near-by tonnage available, and none of 'It is offer ing. San Francisco claims the distinction of having a disengaged - ship on spot, in the Tlnto Hill, but Liverpool advices re port her as chartered over a month ago at 87s 6d for wheat-barley loading at San Francisco, March 31 cancellation. This is About 4 shillings under the price at which tonnage can be secured in f?an Francisco at the present time. Under such circumstances Jt is but na tural that lumber freights should soar up to almost prohibitive rates. Latest quota tions for prompt loading at northern ports are as follows: Sydney, B2s CdS3s 9d; Melbourne or Adelaide. 5Sa 9d660s; Port Plrie. 56s 3d 67s 6d; 'Fremantle, CSs 9d70s; Geraldton, 70s(7l3 3d; "West Coast, 67s 6d60s; Eisagua Range and Callao Kange, 58s 9dfils 3d; Buenos Ayres, 67s 6d70s; Shanghai, 60s 61s 3d; Kiao Chou, 61s 3d62s 6d; Japan, 56s 3d57s 6d; Port Arthur, 66s 3d67s 6d; Tlen-tsin, 67s 6d68s 9d; New Chwang, 67s Gd(gSs 9d; Vladivostock, 55s56s 3d; South Africa, 72s Cd75s; United Kingdom, S0sQ 82s 6d. NEW COASTING STEAMER, The Elmore to Be Replaced With a parser and Better Craft. Joseph Supple yesterday commenced work on a nerw coasting steamer for Cap tain jpaui schrader, or Astoria. The Bteamer Is intended primarily to take the place of the R. P. Elmore, on the Tilla mook route, but as she will be a larger craft than is needed on that route, she will run as far south" as Coos Bay. The new craft, will be 100 feet long, 26 feet beam and will draw about six feet of. water, with fuel aboard. She will carry over 150 tons of freight, "and will he well equipped with cabin and stateroom ac commodations. Her machinery will be constructed by the- Willamet Iron Works, of this city, and will bo sufficiently power ful to drive the boat 10- knots an hour, re gardless of the weather. Tillamook bar has always been difficult to cross In rough weather, on account of the great depth of the ocean right at the entrance. During a storm, tho big rollers tumble in unbroken until they are right at the harbor entrance, when they go to pieces with terrific violence, making it ex tremely dangerous for any kind of a ves sel, especially a small one. There will, of course, be times when the new steamer cannot cross Tillamook har, but as ehe is much larger and stronger than the steamers which have preceded her on the route, she will be able to give a service -which will be a vast Improvement over that which we have been having. In ex lending the route to Coos Bay, Portland will be enabled to secure a greater share of the business from the Coast ports than has previously been alloted us. v Tides 'nf. Astoria. , QVeek beginning March 12.) DAY. High water Monday Tuesday Wednesday ... Thursday Friday ... . Saturday Sunday Low water Monday Tuesday Wednesday ... Thursday ... . Friday Saturday Sunday 10:34 7.5li:32 7.4 11:21 0:05 0:35 7.8 12:02 12:39 1:12 1:47 7.8 7.8 7.8 7.6 7.4 0.5 0.5 0.7 1.0 1.2 1.6 1.8 8.1 8.1 8.3 8.4 2.9 1:03 1:29 1:53 -2:22 4:51 5:28 6:17 5:18 5:57 6:31 7:00 7:27 7:50 8:15! 2.31 1.8 1.4 1.1 0.8 6.51 7:22 7:52 S:22 0.3 Another Grain Cargo. The British bark Beechdale cleared yesterday for Queenstown or Falmouth for Orders Tith 79,173 bushels of wheat, valued at $43,000. She was dispatched by the Port land Flouring Mills Company, and left down the river yesterday afternoon. The diminutive Klnfauns. the smallest of the fleet to date, finished loading yesterday, but w 111 not leave down the river until to morrow. The Samaritan is not yet ready to receive cargo, and will probably hold down the position of "unfinished tonnage" until some of the en-route fleet drops In. to relieve the tension of the situation. Hill Lets Contracts for Birr Steamers. ST. PAUL, Minn.. March 10. President Hill said today that the Eastern Shlp Bulldlng Company will build a la:ge plant on the Thames River, at New London. Conn., and has already obtained the con tracts for two out of the five giant steam ers for the Oriental trade of the Great Northern Railway. The cost of the five will be from $10,000,000 to $15,000,-003. Domestic and Foreign Ports. ASTORIA. March 10. Cape line down weather, thick; wind, southeast;, bar! rough. t . " , Hong Kong Arrived previously Algoa, from San Francisco, via Yokohama; Nip pon Maru, from San Francisco, via Hon olulu and Yokohama. San Francisco, March 10. Arrived Steamer Tillamook, from Tillamook.: rtoamer Sunc-l, from Gray's Harbor; Steamer Tellus, from Nanalmo. Sailed j oieainer win. isayucs, wnanng; steamer Signal, for Coos Bay; schooner Gotama, -ior Coos Bay; bark Harry Morse, for As toria. New York. March 10,-6alled Pretoria, for Hamburg, via Plymouth; Maasdam. for Rotterdam: Lucania, for Liverpool. Arrived Palatla, from Hamburg, .via Southampton: Etrurlo, from Liverpool; L'AquItac. from Havre. Naples, March JO. Arrived Aller,' from New York for Genoa. Genoa, March 10. Sailed Trave, for New York. Philadelphia, March 10. Sailed Rhyn land, for Liverpool, Liverpool, March 10. Arrived Beliren- land, from PhlladelDhla. Sailed Tauxie. I for New York; Campania, for New York. Glasgow. March 10. Arrived Assyrian, from Philadelphia. Southampton, March 10. Arrived Fries land, "from Xew York, for Antwerp. Havre, March 10. Sailed La Gascogne, for New York. Antwerp"; March 10. Sailed Ncordland, for New York. Honolulu Sailed Feb. 20 Bark Northern TONNAGE EN ROUTE AND IN PORT. Vessels Chartered or Available for Grain Cargoes From the Northwest. FOR PORTLAND. Flag and rig. Name. Master. Aug. Nov. Dec, Jan. '4IMarechal Vllllers 13Arpus Ft. bark Hr. slrtn Rlonald Hunter 4 wiiuam Law Br. ship Abbott wenaur Br. ship Br. bark Nlcoll Paterson . Forthbank Lizzie Bell Dec. Jan. Feb. Feb". Br. bark Whelan Blance Berwickshire Br. bark Br. bark Flfeshlre Caddell Najade Penthesllea Llnllthxowshlro Get". fihJn Hasselman Manson Br. ship ar. snip Anderson Barrett Decent Davles Deccan East African Isle of Arran Br. ship Br. bark Br. ship Annie Thomas Br.shlD Br. ship Meredith Fob. 16! Thornliebank McBrido Grenada Br. hark Br. fihlD Putt Bush Jones (Poseidon Ui agate Aspice Beechbank Pinmore Alice Australia Genista Br. bark Br. ship Br. bark Br. hark Bremner Buchanan. Ger. ship Kuhlmann Br. bark Jones Br. ship Br. shiD Hearn Crowest Plander Griffiths Ward Atkinson Peattle Magee Curd Bandelln Tyers- Baako i Leopold Crowe Jenkins Leicester Castlo Ncsala Ger. ship Mar. 5 Rlversdale ur. snip Br. ship Br. shiD Conway Franklstan Inverness-shire I Br. bark Fob. John Cooke Br. ship Br. bark Ger.ishln Juteopolis Mabel Rlckmers OrealTa Rickmer Rlckmers iBr. shin . IGer. ship. Rigel uerv snip Br. ship Br. bark semantna W. J. Plrrie St. Mlrren West Lothian . Br. ship Br. ship rwilklna Curtis Totals. Antwerp 42S1 Calcutta.. ....... ,1896 Honolulu 12.313 Singapore 1651 Hong Kong 3651 Shanghai -Liverpool Nagasaki Nantes .. Hlogo Total tonnage en route, 71,244. Same time in 1897, 15,223. Same GRAI.V TOXXAGB Name. Flag and rig. Master. Feb. 5Gulf Stream Br. bark Feb. 8DonnaFranclscaiBr. bark Fob. 171 Klnfauns Br. bark Feb. 20iBeechdale Br. bark Feb. 25j Samaritan Br. bark Kerbyson Simon Crlghton Knox Dexter Total tonnage in the river, 7790 tons. Same in 1S9S, 31.586 tons. In 1897, 9090 tons. GRAIXTONKAGE EK ROUTE? TO PDGET SOUND. Name. Flag and rig. Oct Nov. Nov. Oct. 19Achnnsh!e ISIElginshiro l5Battlo Abbey 30 Mount Stuart ...IGlenosdl IBr. bark Paslful Br. ship Hannah McGhlo Olsen Br. snip Br. ship Br. ship Br. shrp Stevenson Roberts Olson Beard Lever Harris Tupman Griffith Tonkin Robertson Quaylo Evans Thomas iioosch Johnson Turner Jan. SIRhuddlan Castle BroaicK uasue Shandon Br. shin Dec Jan. Br. ship Br. shiD Imberhorne Carnedd Llewellyn Br. ship Jan. 29 Brussels Br. bark Br. bark Br. bark Br. shin Chas. Cotesworth Wanderer Jan. Feb. King Arthur Cumberland Br. ship Conway Castlo Br. bark Br. ship Br. bark Jessomono Nile Cabul Glenard Br. ship Br. ship Total tonnage en route, 36,226. Same time GRAIX TOKJTAGE Flag and rig Name. Master. Dec 27Stronsa Feb. 12Allegianco Feb. 23Inverclyde Br. ship Br. shiD Hennlng Evans May Br. ship Total tonnage in port, 4635. Same time Light, for Puget Sound; Feb. 24, barken tlne Skagit, for Port Townsend; bark Alex McNeil, for Port Townsend; Feb. 25. British ship Poseidon, for Port Town send; German ship Caesarea, for Port Townsend; British ship Holllnwood, for Port Townsend. Arrived Mar. 2 British bark Highlands, from Newcastle. "N. S. W. London, March 10. Sailed Marquette, for New York. CHURCHES.- (Continued from Nineteenth Page.) Services, 10:45 and 7:30; Sunday school, 9:40; Epworth League, C:30: prayer, Thurs day, 7:30, . Taylor-Street (First) Rev. H. W. Kel logg, D, D., pastor. Services, 10:30 and 7:30; Sunday school. 12:15; Epworth League and prayer meeting, 6:30; Subordi nate League. 5. Shiloh Mission Rev. J. H. Allen, su perintendent. Services, 10:30 and 7:30. Presbyterian. Mlzpah Rev. W. T. Wardle. pastor. Services, 11 and 8; Sunday school. 9:45; Y. P. S. C. E.. 7; Junior Y. P. S. C. E., 3:30; prayer, Thursday, 8. Third Rev. Robert McLean, pastor. Services, 10:30 and 7:30; Sunday school, 12; Boys' Brigade, 5:30; young people's meet ing. 6:30; prayer. Thursday, 7:45. Cumberland Rev. G. A. Bialr, pastor. Services. 10:30 and 7:30; Sunday school 12 Junior Y. P. S. C. E., 3:30; Y. P. S. C.' E. 6:30; prayer, Thursday, 7:30. Grand-Avenue (United) Rev. John Hen ry Gibson, D. D., pastor. Services, U and 7:30; Sunday school, 10; Y. P. S. C. E 6:30; prayer, Thursday, 7:45. Calvary Rev. W. S. Gilbert, pastor. Mrs. Mann, soprano soloist and. director of chorus; Miss Fisher, organist. Serv ices, H and 7:30. i Roman Catholic. St Mary's Cathedal Most Rev. Arch bishop Christlet p4stor. 'Services, mass and sermon, 6, S and' 10:30; mass for chil dren, J; Sunday school,. 9:30; vespers and sermon, 7i30; questions answered at even plng services; week days, mass, 6:30 and 8. , Unitarian. First Rev. W. R: Lord, minister; Rev. T. L. EHot. D. D., minister emeritus.' Preaching, U; Sunday school and confir mation class, 12:30; Young People's Fra ternity, 7. Universalis. First Rev. H. H. Hoyt. minister. Serv ices, 11 and 7:30; Y. P. C. U., 0:30. NEW YORK STOCK MARKET SMALT, BET SIGNIFICANT BUYING FROM OUTRIDE SOURCES. Wide. Distribution of Dealings .Gave Matters a Healthy Appcnrance t ' The, Bank' Statement. NEW YORK, March 10. The dealing In stocks was largely confined today to oper ations by board-room operators, as- has been the case during the whole week. But there was some small but significant buy ing from outside sources, especially man ifest In the taking -of fractional lots of stocks for Investment, whldh proved the attractiveness of the present level of prices to tho'so who are not- dependent upon ordinary money market vicissitudes for holding stocks for the dividend returns which they hold out. Tho wide distrlbu- From. Consignees. 1705! Nantes. Antwerp Singapore 219) 1543 T., Y. & Co. A. Berg. P. F. M. Co. 1651 97 1S9S Calcutta l 1332 1036: Honolulu Liverpool 81 M.. W. & Co. POllHonolulu lSSllAntwerp B.. G. & Co. B"G.&Co. 1677 trsacasakl 1663 London lS57TAntwerD B.. G. & Co. lS36IHemburg M., W. & CO. iCkV Honolulu 1759 Sta. Rosalia 1763,AcapuIco lSSDlSta. Rosalia 23 210G Honolulu as&OIHonolulu ZSoO'Shanghal T., Y. & Co. ISSOIHonblulu 2154Sta. Rosalia 22S6iNagasak , 20C2 ..... 2097 Honolulu mSShangha! 20091ShanghaI 1670!KIao Chou 205SHamburg E. Baker 1776jShanghai iaoo 2147 Nagasaki Honolulu 175SI Shanghai 15 2652 Hlogo lSSSIHlogO T., Y. & Co. 170S; Shanghai : Hong Kong Nagasaki Shanghai Shanghai 1914 1878 2211 2516 OXSIYoKobama H737Hong Kong 6077 1036 5143 ,,..0705 4517 Santa Rosalia 3913 Acapulco ,1763 London 1663 Hamburg .- SS94 Yokohama. , 1855 tlmo in 1899, 1S.51L Same time la 1S93, "37,002. I?r THE RIYBa. From. Agents or Charterers. Berth. 1378IHonolulu 2163jRlo Janeiro 9SlHonolulu -1271!Honolulu P. F. M. Co.' Astoria Glrven & EJ Astoria B G. & Co Mersey P. F. M- Co- Astoria Epplnger Campbell's 1997Shanghal tune In 1S99, SS.357 tons. Same time Master. From. Consignees. 2334 Liverpool Liverpool 143JR.P. Rkhet U6i R. P. Rlthet 116M.,-W. & Co. J32IM1. W. & Co. ...JR. P. Rlthet 62 R. P. Rlthet HK Antwerp 1158 2191 tendon London 1993Cardiff 1745; Hong Kong 1297(Cardlff 1997Liverpool 16051 Hamburg M..W. & Co. S91 Liverpool Guatemala Shanghai Hong Kong Hlogo Honolulu Acapulco Hlogo Rotterdam Antwerp 41! ;i031 2717 1552 1740 1591 1796 2079 13971 M. W. & Co. 17S6 in 1E99, 18,767.- ON PUGET SOUND. From. Agents or Charterers. Berth. 1939Antwrp llSOlHonnlulii B., G. &C0.1 Tacoma Tacoma B.. O. &i On ll516Hamburg IB.. G. & Co Seattle In 1899. 12,693. tlon of the dealings also added to the healthy appearance of the-market. Tho chnraoter of the bank statement was so confidently foreseen that its ap pearance was not awaited for the closing up of professional contracts. The traders have been oh the short side of the market qulto Uniformly during the week, so that tho closing up of contracts stiffened the market very appreciably. Sugar and People's Gas -were notably In demand be fore tho bank statement, but were sold off again, together with the local trac tion stocks. The obvious unwillingness of prices to yield on the bank statement drove the bears to cover again. Sugar advanced an extreme 3 and People's Gas 2, and the whole Hat rose to the highest level of the morning, with more show of animation In the dealings than has been evident for several days. ' The bank returns were fully as weak as was expected. The strength of the day's market must be attributed to a faith that Speculative commitments being small, the market Is not "very vulnerable to a tern, porary money squeeze. Beyond a tempo rary stringency, the new currency and refunding law Is confidently looked to for speedy relief. There Is an undercurrent of sentiment also that some of the recent heavy loan expansion would be readily convertible or transferable in case of any urgent need of credits without doing damage to present borrowers. This would be true of such portion of the recent loan expansion as has gone Into Government bonds, with a view of-taking out additional noto circulation. The belief has been held in Wall street for some time past that nothing prevented a general rise In prices but the disturb ing effect of tho acute weakness of a few stocks -under the influence of causes -special to themselves. not anything bearing on the general condition of the market for making of higher values. But the most conspicuous of these dis turbing causes reached a culmination dur ing the 'Reck and the stocks affected have , retired to a comparatively obscure place in tho market ..Tho appolntmentj of a receiver for the ,Thlrd-,A.enue Company and the action of tho Directors of tho American Sugar Refining Company ln-dcclaring the reduced dividend on Monday, two days in advance of .the expected meeting, put an end to ,tho furlpus. speculation and the violent and erratic fluctuatlpns Jn those stocks, but stlU the market showed a listless oad .Indifferent spirit and halted and hesitated, falling by progressive stages Into a deeper slough of seral-stagnotipn. The disap pointment of the expectations of a rise naturally Jedvto the depression In itself, CAP S: S. GEO. W, ELDER, SS. NOME. CITY w..- ;.---..S;.";S:--I)ESPAfCH . . -;V? - . -- """ - "' ' - The abovc first-class steamers will sail every 10 days during -the season for Cape Nome, rYopk -and St-liGhack and Yukon river points.- .-. - .. First Sailing, May T5: . ; .: . . : -. 'i'"i , t- , , FOR RATES A!TO INFORM ATIQ J-APPLZ TO-.. CALIFORNIA & OREGON cksf 1 Ito; F. P. BAUHQARTNER, 253 Washington "St: ' - ' r. . W. A. Mitchell & Co., General Agent, San Francisco Pacific Coast B cKSktfefcl mW$M For Cape Nome Gold Fields THE iEW PALATIAL STEEI. STEAMSHIP "Senator" will sail from San Francisco, May 14. Seattle, May 19. -Subsequent trips will be from Seattle direct, namely: June 21, July 21 and August 20. The "Senator" hna a. capacity ot 2500 tons. Her second cabin and rteeragre accommodations are superior to the flrst-claas accommodations of moot -of the steamers advertised for Nome. The Pacific Coast Steamship Co. haa been running its steamers to Alaska winter and sum merfor 23 jeara. and 4a the pioneer Pacific Coast line, Seattle freight and pasfenijer rates ap ply from Portland. For .further Information inquire of COODALLi. PERKINS & CO.. General AeeTits. 40-Market, San-Trancleco, or N. PQ3TON, Agent, 240 "Washington St.. Portland. Or. NEW -fifflZ-OUGHySERVJCE FIRST-CLASS PUIrLiTAN SLEEPERS ARE tf OW OPERATED Between -Salt Lake, .' ' - c lYiaRio. Gfanjja WeatejDenver - GftikfRgck manapute GRANDEST SCENIC TRIPSIN THE WORLD THE COLORADO' koO&ES CROSSED- BY VAYLIGHT. . Pullman's Finest Broad Vestibuled Sleepers Leaving Sqlt Lake City Dally at 8. -05 P. M. and GfRRI&D ' QN LIMITE.D TRAINS Making connection at Chicago with all morning trains to the East. ..DINING CAR SERVICE THROUGH BUFFET LIBRARY CARS.. A. E. COOPER, Gen'ligent, 246 Washington St, Portland, Orb E. W. THOMPSON, A. G-P. A., Topeka, Kans. JOHN SEBASTIAN, G. P. A., Chicago. and the market, while maintaining a wait ing attitude, haa become heavy In tone, and arlces have sa&ged to a level "belo? laet week's close. The railroad list haa offered much better resistance than the industrials and specialties, but has not responded with any positive show of strength to the extraordinary exhibits of "prosperity made by the great railroad systems of the country. The annual report of the Pennsylvania Railroad, owinj to the great "extent of the system operated and the diversity of its trafile, would In Itself be accepted -as convincing evidence of prosperous condi tions, not only in the railroad business It self, but in the general business of tho country. The significant fact was pointed out by tho President that the increase in" the tonnage for the year east of Pitts-' burg and Erie, which was 16,000.000, was greater than the . whole tonnage moved over the samo lines In 1SS5, or any year previous thereto.' The conviction ex pressed by the same authority that "the general business of the country may be expected to Increase in the future as In tho past, and the confidence with which plans are presented for the outlay of ad ditional millions for taking care of the future increase of business", are powerful Influences toward public confidence In the stability of values." "r Relatively high prices 'mofnlained for the stock of the Chicago, Milwaukee & St. Paul Co. on a 5 per cent dividend basis, compared with other granger railroads, 13 significant also of contentment of stock holders with the policy of that company making enormous outlays of gross earn ings for Improvements and betterments looking to the future growth of business. But the prosperous conditions existing and the expressed confidence in their con tinuance are for tho present overshadowed by the exigencies of the frfew York money market. The developments "a the present explain tho unwillingness of large capital ists to heed the exhortations of specu lators for a riso In stocks; that there Is nothing to fear on that score and that tho new currency law gives assurance of abundance of loanable funds. Tho confi dence Is not lacking that the currency bill will result In expansion of the currency In due time after it becomes operative. There has been cumulativo force, however. In the doubt whether the corner can be turned before that relief becomes available without a pinch in the money market. Largo demands continue to "be made for credits on the Now York banks for mer ..hMa 1s.v.e rw1 fm VltllrHn- -!"! CZrwr tj.uwD ivui u w. j.,.a vv T- , nuueaung a iauing on ot more tnan that eminent bonds by banks, with a view to mount Yd the list of other banks. The taking out additional circulation under the statement has" also v been complicated by law. The principal depletion of Now York the purchases of Government bonds by cash reserves is due to the drastic ab- country banks, an operation usually con sorptlon of funds by the New York Sub- dugted by the city correspondent of th treasury. Last week tho drain on this ac- i buying Institution. The Item of clrcula count reached nearly $7,500,000. but there tlon shows a continued gain, and the New was included the payment to the Gov- , York National banks have now outstand ernment of a $3.000,OOQ note on .account ofing pearly $1&00,000 qf notes, a sum the Central Pacific This , week, without y greater than reported for ayear. It 1 anv such sueclal transaction and with i rnrnPiirwi tVirTf ' iv,A nnti r&rnnino. utir ..m disbursements of. pensions" Incident fp tho first of the month, the Treasury-has never- theless taken out of circulation a larger' sum of money than last week-ra sum amounting to more than half the remain ing surplus over the legal requirements of the New York banks' cash reserve. It Is indicative of the ?peclal burden Imposed on tho New York mptey market , , totnl e-imll-Q of tho nni-fli-nmon- revenues for the current month amounts . to only about one-third of the amount taken up this week from tho banks by tZ qnhtrMsurv The oxrilanaUon ' is tho SuMrwury. i fte e xpl " is . that V 8r5lPZ?SiS2 fSE ei revenues are bemg collected from import-,. fllrrS i" Lhe -55? .?. T,l plus reserves of New York banks fast ap proaching the vanishing point and the April settlements yet to be met -before relief comes with the currency law, the unwillingness to take; out call loans to buy stocks Is clearly explained. ,., , Railroad bonds have been In. good de mand, part of the buying being attributed to the pressure of funds realized from 'tsc. selling of Government bonds by Invest ment holders, to banks. TJ. S, old 4s and. 53 advanced 1 per cent: 3s, coupon, 5i and 3s, registered, U; ne-tf N om lr .- '!&' ' -. ---i-' Steamship Go. Gfy qnrf Chicago is, coupon, declined and new 4s, regis tered, and the 2s In the bid price. The bank statement for the week shows the following changes: Surplus reserve, decrease J7.965.173 Loans, Increase 3.127,00) Specie, decrease , 6,44S,30) Legal tenders, decrease 2,639.70) "Deposits, decreosO 491,30) Circulation, increase 237,60) Banks pow hold $5,676,375 in excess of -tho legal requUfem.enta. XJ2SV YOltIC BASK STATEalBXT. " Deposits Fell Off Nearly Half a Mil. lion Dollars. NEVr' YORK, March 10. The Financier says: . A.cufjou3 feature of thq statement of the clearing-house banks of New York .City for. the week ending March Q Is that uia .uecreoaes " cui nuiaings ana surplus reserve almost balance the gain in loans. .While deposits actually fell oft $491,300. In other words, tKe statement seems to Im ply that. If the loans were made they were In tho form of cash balances, which were taken out' of bank. This la "not the truo solution, for it Is pretty generally under stood that tho demands due to Treasury Operations and lnterlor'shipnients account for the loss In cash. It may' lie assumed, therefore, "'tnat" the cash' thus diverted de creased deposits, a loss madd "up lh large part hy bonds, which are credited to bor rowers as depo'slfs. The result of this la witnessed In a stationary deposit account, while cash holdings have fallen off JS.0SS, C00, and the reserve has suffered a de crease of nearly r7.000.000, bringing tha prcsont surplus reserve fund in banks down to $5,676,375, the lowest sum reported since November 25 last. As there are no. Indications that the conditions which are' thus eating Into -surplus are to undergo a change soon, tho statement" might be construed to mean a very 'tight money market, were'it hot for the probability of the -early passage of tho refunding bill, which will release more or less Treasury funds. This factor is nil that restrains the call loan market from a violent up ward advance. Considered in a broad light the current exhibit" of the banks Is not different from 'what had been antic ipated earlier in the weeTc The change.1 in the several Items have been distributed over a larger number of individual in stitutions than usual, but It Is noteworthy that over a third of the loons are to be traced to the Chase National, which also exnanded its deoosltn over XAOOttlrt th-- ' 1 . 1 .' . .. ... J have the effect of largely addjng to tho present circulation of the banks here. Foreljam Financial Xewa. NEW YORK. March 10. The Comm-r-'clal Advertiser's London financial cable gram soys: i Tho markets were aulet and,-firm todav. i every one being very confident and be- r. - "-" ucl1 f J ,!uccf f ,the. JTar IoaT XJitfJSl fS a"01 l-of lfi "!. - I crowd of applicants was at the Bank of EnKjand t0day, and large subscriptions are also expected from the Contlnent-and all the colonlea and Jv p. Mo have applied for $100.QOoTor American financial institutions. The stock 4s quoted at 2 premium, and very large k dealings are reported. onspls.w.ere up &. p Amerlc&nfi showed a- hardening tendency,- Tlntos were strong -at 54-. Tho bank received 45,O0Q gold from. Hoi, land.! -ii , i i ., it " ' Dally TrcnBnry Statement. Washington.- March lo.-t-Today's statement of the condition of the Treas ury shows: Available" cash balance... .....:.".. $301,927,159 Qoid -reserve L..i.....-., .,... ;...; 211,765,743 r jr.- " '""-ji . f' . -v TRAVELERS GUIDE. 1 lHI .V5r - Union Depot.-SIxtiraka-J'Strceta. TWO TRAINS DAILY FOR ALL POINTS EAST "PAST MAII. AND "rOnTL,AND - CHI CAGO SPECIAL UOLTE." 3avea for the East vltL Spokane dally at 3. ,P.M. Arrives at S.OO AT- it.' ." v - 'LeaesvTor theEast. laliPendleton and Hunt ington, dally at 8:00 P. M Arrles. via Hunt ington and. PcnaMon, nt 6:45 P. M. -THROUGH PULLMAN AND TOURIST . i SLEEPERS. Water llnes'schedule, subject to change -without notice: c --n OCEAX AND RIVER SCHEDULE. OCEAN DIVISION Steamships eall fr:m Alnsworth dock at 8:00 P. M. .Leae Portland .Columbia,, sails Saturday. March 3; Tuesday. "March 13; Friday March 23; Monday. April 2; Thursday, April 12. State of California sails Thursday. March 8: Sunday. March IS: "Wcd nelay, Morqh. 23; Saturday, April 7. , From San Francisco State or California. KUls Saturday, March 4; Wednesday. March 14; Sat urday. March 24; Tuesday, April 3r Friday. April 13. Columbia, sails Friday. March 9; Mon day. March 19; Thursday. March 20; Sunday. April 8. . COLUMBIA RIVER DIVISION. PORTLAND AND ASTORIA Steamer Hassalo leaves Portland dally, except Sunday, at 8.00 P. M.; on Saturday at 10.00 P. M. Returning, leaves Astoria dally, except Sun day, at 7.CO A. M. WILLAMETTE TIIVER DIVISION. PORTLAND AND CORVALLI3. OR. Steamer Ruth, for Salem. Albany. Corvallls and way points, leaves Portland Tuesdays. Thui-sdayn and Saturdays at 6.00 A. M. Return ing, leaves Corvallls Mondays, Wednesday s and Fridays at 000 A M. Steamer Modoc, for Salem. Independence and way points, leaves Portland Mondays, Wednes days and Fridays at 6.00 A. M. Returning, leaves Independence Tuesdays, Thursdays and Saturdays at r.30 A. M. YAMHILL RIVER ROUTE. PORTLAND AND DAYTON. OR. Steamer Elmore, for Day ten and way points, leaves Portland Tuesdays, Thursdays and Sat urdays at 7 A. M. Returning, leaves Dayton far Portland and way points Mondays. Wednesday an1 Fridays at G A M. SNAKE RIVER ROUTE. RIPARIA. W-ASH.,' AND-LEW1STON. IDAHO. Steamer Spokane or alcamor Lewlston- leaves Rlparla daily at 1.20 A- M.. Arriving at Lewlston at 12 o'clock noon- Returning, the Spokane or Lewlston Iea-ea Lewlston dally at S:30 A. M.. arriving at Kiparla same evening. W. H- HURLEURT. General Passenger Agent. V. A. SCHILLING. City Ticket Agent. Telephone Main 712. New.SteamliiD Lirie'to thOrfent CH1NA AND 3"ApXX FROM PORTLAND. In connection with THE OREGON RAILROAD & NAVIGATION CO. Schedule. 1000 (subject to change) : Steamer Leave Portland. Feb. 20 March 21 AprllS "ABnrtGELDIE" "MONMOUTHSHIRE" For rates, accommodation?, etc.. apply to DODWELL fc COMPANY, Limited, General Agents, Portland. Or. To principal points In Japan antl Chl.a. THE PASTES? AND MOST DIRECT lINE -TO THE S airT-rnUV The Direct Line to Denver, Omahi. Kansas City and St. Loufj. Only 3 Days to Chicago, Only 4 Days to New York and . other Principal Eastern cities TlirouKli Pullman Pnluce Sleeyera Toarlat Sleeper Dinlntr Cnr.n meals n. la carte), and Krde ItcclIninsT Chnlr Cars Operated Daily on Fnst Mail Trains Through tickets, bzsKQse checks and sleeplnz car accommodations caa be arranged at CITY TICKET OFFICE ,t35Th(rdStrcei Portland Oregon J. H. LOTHROP. Gen') Axest. GEOHGE Ia. Citx ?. & Tkt. Act. E The Magnificent Trane-Paclflc Passenger Steamship TACOMA Registered tonnage, 2S11 tons; capacity, 4000 tons: passenger accommodation?. 100 first class. COO second class. This steam ship has Just been released from tho gov ernment service as a.- troopship, and ha3 every modern comfort and convenience and is the largest steamship In tho Cape Nome trade. "Will sail from Tacoma and Seattle on or about the 23th of May. For rates and full Information apply to DODWELL. & CO., LTD. Telephone, Main, 93. 252 Oak Street. Astoria & Columbia River Railroad Co. LEAVES UNIOM DEPOT. For Maygers. Rainier, Clatslcanle. Westport. Clifton. Attcrla. War renton. Ffcnel, Ham mond. Fort Stevens, Gearhart Park. Seaside. Astoria and Seaahor Express, Dally. Astoria Express. Daily. ARRIVES UNION DEPOT. 6:00 A.M. 11:13 A.M. 7:00 P. M. 0:idP. M. Ticket offlce. 33 Mqrrlson st. and Un'ori dtpou. J. C. MAYO. Gen. Pass. Act. Astoria. Or. WHITE COLLAR LINE COLUMBIA RIVER z PUGET SOUND NAVI. OATION CO. PORTLAND AND ASTORIA. 3Si BAILEY GATZERT (Alder-street dock) Loaves Portland dally every mornlns at 7 o'clock, except Sunday. Teturnlnff, leaves ,Ao 'torla ecry nisht at 7 o'clock, except Sunday. Oregon 'phone Mala C51. Columbia 'phono 331 U. B. SCOTT. President. WASHINGTON iS. ALASKA ' "STEAfVlSnJP CO. Steamship "CITT OF SEATTLS" v.m leave Seattle at S P. M. on TnumJay. Feb. 22. and e-vcry 10 dayo thereafter, torVancou'ver Ketch ikan, Juneau and Skatrway. making trip from Seattle to Skafraray in 72 'hcuns. - For frelght-and passage Inquire of EASTANDSOUTHEAST IS THE f - 'SLrz"" DODWELL & CO LlilTTED. AGBST3, A TRAVELCHS' GUIDE. MOT ' ' &&& i VIA HI vLcaVe 'Depot rath aBdlillttlsj 'Arrive OVERLAND EX PRESS TRAIN 3 Vfor Salen Rcse Ntnrg.kAshlttTld. Sac-- Vrahichto. Ogden, San 'Francisco, Mo., fjaVe. Is AnselesjiiJ t :6o P.M 8:30 AitM. '"" 9 t' . .. -J.IO A. Ji. "T:00 P. M. El Pao, NewVDr- i Jx At -TToJdbutn 3 (dally excert Sun dj), morning train connects 1th train . fdr-Mt. AnBcl, SUT vti r t on. 11 row n$ llle Springfield and Natron, and eenlnfr train (ot Mt. Angel and 51. erton. Corvallls passenjtr Sheridan passenger t:30 A. M. ti.50 P. M. J5 50 P. M. J3.23 A. M. Dally.' JDally except Sunday. Rebate tickets on sale between Portland. Sac ramento and San rranclsco. Net rates $17 Hrt clas3 and fll second class, including sleeper. Rates and tickets to Eastern points and Eu rope. Alo JAPAN. CHINA. HONOLULU and AUSTRALIA. Can be obtained from J. B. KIRKLAND, Ticket Agent. 140 Third st. YAMHILL DIVISION. Passenger Depot, foot of Jefferson Street. Leave fir Oswego dally at 7.20. '0-40 A. M.; 12:30, 1:3G. 3.25. 5:15. o.25. -S.05, lls20 P. M.; and- 0rtH A. M. on Sundujo only. Arrive at Portland dally at 0 35. S.30, MO uO A. M.: 1 35. 3-13. 4.J0. 0-20. 7:i0. 10 CO P. M.; 12:40 A. M. dally, except Monday, 8.30 and 10:03 A. 2. on Sundays only. Leave for Dallas' dally, except Sunday, at 4:30 P. M. Arrive at Portland at 0:30 A. M. P.tscnger train leafs Dallns for Alrlle Mon dajr. "Wednesdays and Frldajs at 2:45 P. M. P.eturr.3 Tuesilaj. Thursdajs and Saturdaja, Kxcept Sunday. R. KOEHLER. Manager C. H. MARKHAM. Gen. Frt. JL Pass. Agt. ' FIVE YEARS AGO the Eurlingtco was NOT the best line bctircyi St, Paul and Chicago. Tcxlaylt is. Fire years ago" the Burlington diit NOT run the best train between St. Paul and Chicago. Today it does. The Burlington's St. Paul Chic3 United the "electric lihttd rain" has no superior anyMrh:re in the world. Leaves St. PiUl 8.cJ p. m. Arrives Chicago .i J a. n. All trans-continental trains con nect with it. Ail ticket agents sell tickets by it. Write for information. A. C. SHELDON, General Agt., loo Third St., Portland, Orb. GO EAST VIA OM TKE FAMOUS Chicago Portland Special And Trave! in Luxurious Comfort Clnlu? Cnpjc. Service n In Cnrte. LIIirnry-llulTct SinokinK- Cars. Palncc and Onllnnry Sleeping: Cars. Free Iteellnlnj? Clmlu Cars. The only train running- through solid from Portland to Chicago. No change of can. Every car Illuminated -with Plntech gas. Leavco S P. M., Portland. Arrltes 0:45 P. M. CITY TICKET OFFICE 124 Third St. Phone Main 569 V. E. COMAN. Geccral Agent. J. R. NAGEL. City Ticket Ajrt. 6REATtfORIHEBW Ticket Office: 122 Third St. 'Phone OSO LEAVE. No. I 3:45 P. M The Flyer, dally to and from St. Paul. Minne apolis, Duluth. Chi cast' and all points East. ARRIVE. No, 3. 1 8.00 A. M, Through Palace and Tourist Sleepers, Dlnlns and. Bufft Smoklns-Llbrary Cars. JAPAN - AMERICAN LINE STEAMSHIP KINSHIU MARU For Japan, China and all Asiatic polnta will leave Seattle. About March 12th. Pacific Coasl Steamship Co, FOR ALASKA THE COMPANY'S elegant steamers. Cottage City, City of Toneka and Al - Kl leave TACOMA 11 A. M.. SEATTLE 0 P. M.. Mar. 11. 10, 21. 20. 31. Apr. 5. 10, 15. 20. 20. 30, May 3. and every fifth day thereafter. For further Infor mation obtain company's folder. The company reirves the Tight to changa steamers. Billing date-o and hours ot sailing, -without previous notice. AGENTS N. POSTON, 240 Washington at.. Portland. Or.;'F, TV. CARLETON. N. P. R. R. dock. Tacoma: J. F. TROWBRIDGE. Paget Round Supt., Ocean dock. Seattle. GOODALL. PERKINS & CO . Gen. Aarta.. S. P. CAPE NOME VIA DAWSON Alaska SteamshipCompany NEXT SAILING. TKE DIRIGO. MARCH U. The only company liaUng through traffic ar ran gerrien to to' Atlln and the-Klondike. Weekly palllngs from Tacoma. For full Information ap ply to J. L. HARTMAN. Agent. Portland. Or.. 3 Chamber of Commerce. ,4- cuica whua mctwrett Too Slcep. cnreaia one year. Sr. CtsuT GKAK-SOLVESrBmclrt irUl iUlo&gi, Uftt tad fertTtr rmo? UrtttrmI STSlCTUttS la IS iijm. BaiM alaioliv la hn hoori, eurini walls jm ltep Carti GUtt aod al&r(ol Frtftue. Valsabla utaUte fns. ST. JAMES ASSTf, Dent. E, Cincinnati, O. 1 yl ' ' ?Wr' N I ii i I U ir .v-- t.-i V