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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (March 18, 1900)
THE SUNDAY OREGONIAN, POHTIrAND, MAKCH 13, lSOff. 23 COMMERCIAL AND The -week closing yesterday was not devofd of brightness from a commer cial standpoint. The weather cleared up sufficiently to permit a large amount of Spring work to be done on the farms; there was gathering strength In the wheat market as the week closed, quite a few hops weie sold, and the preliminary ar rangements for handling one of the larg- " est wool clips on record are well under way. In smaller products there was de cided firmness in butter, eggs and poul try, and about the only soft spots no ticeable were in potatoes, veal and pork. The latter are. of course, affected by an increase in supplies as Spring draws near and on account of the Lenten season. Potatoes are feeling the effect of an early Spring in the South, and unusu ally heavy offerings in the North. Cali fornia shipments commenced earlier than usual this season, and for several weeks were remarkably heavy. The demand is now tapering off, but the supply is npt, New potatoes are coming to hand by each steamer, and. while the quality and the price as yet are unsatisfactory, they are having an effect in California, where their use will steadily Increase from now on, to the detriment of the Oregon potatoes. Early vegetables were quite plentiful in Front street yesterday, and prices are declining. Asparagus sold at Cc, and peas at the same figure. . Beans are 10c, and cucumbers 51 501 73 per dozen. Hothouse lettuce, onions and radishes are plentiful. The grocery mar kets are steady, with no changes of Im portance in prices. "WHEAT The wheat markets braced up toward the close of the week, and for a good article of No. 1 "Walla "Walla 5334c was obtainable yesterday. The flour trade continues so heavy that the mills take up the bulk of the offerings which are made, and prices paid are generally a shade above what exporters care to pay. Valley is nominally 53c, and for blue stem as high as 3Gc Is paid. Freights continue very firm, but inactive, there fcelng no new business reported for over a week. Shipowners seem to have pretty accurate knowledge of the amount of wheat in the country that Is still to b moved, and they will not make conces sions until they are obliged to. Owing tp the fact that there is very little wheat selling at the present time, dealers aro making no special effort to secure ton nage, and it is difficult to tell Just what a ship could be secured for. ., The only near-by ship that was offered 'this week demanded 45s, but there was an intimation that 42s 6d might be ac cepted. As nearly all of the wheat that has been purchased this week has been on the basis of a 37s Cd rate, and not much could be dislodged even at the prices offered, it can readily bo understood how difficult it would be to fill a ship chartered at 42s 6d except at a loss. The growing crop conditions continue quite favorable, but there Is still plenty of time for trouble. In California condi tions are also quite favorable, and with ordinary good luck from now until after harvest the Pacific Coast will show up with a crop that will break all records. This, with a carry-over stock which is certain to bo heavy, will require more ships than have ever been needed In a single season on the Pacific Coast. WOOL A few samples of the coming clip from mutton sheep have been re ceived during the week, but it is still pretty early for much satisfaction in the way of prices. There Is but little doubt that they will be much above the aver age of previous years, and as the fleece is much heavier than last year, sheep men will reap good profits. The mohair clip this season will also be much larger than usual, conservative dealers in this city placing their estimates as high as 250,000 pounds. Prices will rule lower than last year, and at present about 2Sc Is the top of the market The mohair will be re moved earlier than the wool, and shear ing will commence In some places within a few days. HOPS Several lots of hops changed hands during the week, and for some fancy stock as high as 7&c was paid by dealers, who bought outside of the pooled jstock. The pool also made a few sales, but did not make public the price se cured. In the East there is a little bet ter demand. Regarding the situation In New York, the Producers' Price Current of that city says: . "Buying Is still on rather conservative lines, but the movement is fairly satis factory, and dealers have sufficient confi dence in the position to take on more stock about as fast as former purchases are closed out No one Is pleased with the quality of either state or Pacific Coast hops, but the trade Is getting used to them, and brewers can find nothing else. "We revise our quotations slightly to con form to the improved prices current Choice hops have become very scarce; if here, they would bring 1313c. Most of the sales are In range of 912c for me dium to prime, while the low grades are going at C(g7c, rarely below the latter figure. Yearlings are in very small sup ply and Inquired for, but old elds are dull. Fuller reports from the interior of this state and the Pacific Coast indicate the lightest stock of hops in growers' hands that there has been at this season for many years. The Government report shows that the increased production of beer for the last three months has been from 10 to 15 per cent over the corre sponding months last year." Bank Clearing. , ., . Exchanges. Balances. Portland J240.9G2 $43,537 Tacoma 14LS17 2L4"9 Seattle 351,512 S2.22J Spokane 210,472 47,004 Weekly Bank Clearing. The bank clearings for the principal cities of the Northwest for the week end ing Saturday, March 17, were as follows: r . -Portland. Seattle. Tacoma Monday $ 405.49S ? 330,952 $ 23G4S3 Tuesday 251 7oS 3:l.16 22 . 0 "Wednesday .... 2S3.1C2 323,558 195.5:S Thursday 325,050 304,037 132.675 gfjda' 221 923 313 826 1,,210 Saturday 240.9G2 351.512 141.817 Totals $1,733,305 $l,9G5,C9l 51.C93.425 The clearings for the corresponding weeks in previous years were as follows: ,. Portland. Seattle. Tacoma g 51.4,2.306 51.521.5C3 5 S45.S7G J 1.507.025 1,693.077 929,210 "V' 815,546 43S.910 3SS.CCI PORTLAND MARKETS. i Grain, Plonr, Etc. ' "Wheat Walla Walla, 52VG53iAc; Valley, 610 63c;.bluestero. KKJOCc per bushel. Flour-Best grades. ?2 70aS: craham. '$2 CO: auporflne, 52 10 per barrel. Oats White. C5c: sray. 3334c; etalned. 293 SOc per buhel. Barley-Feed. 514015; brewing. 517O17 60 pet ton. MlllstunV-Rran. 512013 per ton; middlings. $1810; shorts. $131D; chop. 514. Hay Timothy. $10: clover. $707 CO: Ore gon wild hay. 5C7 per ton. Vegetables, Fruit, Etc. Veretablee-Panmlps. $i; carrots, $1; turnips. Mc: onions. 51 C02 CO per cental; cabbage JOcSSl per cental; potatoes, CO 00c per eucki sweet potatoes. 2&fi$c; peas. t$c; beans. 10c; asparAgus. Cc; new potatoes. ZQZMa per pound! Fruit Lemona. 52 COgC; oranges, f23 per box for navels, ?1 C02 for seedlings; tangerines. $1 75; J&paneae oranges. 76c$I 00 per box; -FINANCIAL NEWS pineapples, (4 I&&Q per dozen; bananar, 52 50 j3 per bunch; Persian Uatea, 71438c per pound;' apples. 511 CO; pears, 7Cc351 25 per bx. Dried fruit Apples, evaporated. 7fiSc pex pound: enin-drled, sacks or boxou, 4S6c; pears, sun and evaporated, C0c: plums, pltless, 40 Ce; prune. Italian. 3&2Kc; ller. extra choice, 0 Q Oc; flg, Smyrna, 14c; California black. 530c; "do white. 10c per pound. Butter, Eggs, Poultry, Etc. Butter Fancy creamery. CO & 55c; peconda, 42v445c; dairy. 3083"Vc; store. 2332c pel roll. Egg ll12c per dosea for Oregon. Poultry Chlckera. mixed. 53 50 0 5; hens. 55S0; ducks. $50; geese, 50 508 per dozen, turkeys, live. 10011c; dressed, 12&014C pet pound. Game Mallard ducks, 53; widgeon. 51 COC2; teaL 5101 CO per dozen. Cheese Fall cream, twins, 12V6C12c; Toons America, 14c per pound. Groceries, "Sntn, Etc. Coffee Mocha. 232Sc; Java, fancy. 2C32c; Java. good. 2024c; Java, ordinary. l&320c; Costa Rica, fancy, 18Q20c; do good. lOS'lSc; do ordinary, 10012c per pound; Columbia, rcast, 512 75 per case; Arbuckle'a, 514 25; Lion, 512 75, Sugar Cube. 55 72; crushed. 55 72: pow dered 55 73; dry granulated, cane. 55 22; beet, 55 12; extra C. 54 72; golden C. 5 C net; half barrels. Yc more than barrels; mapJ eugar, 1516c per pound. Beans Small white, 3o; bayou, 4c; Lima, Ce per pound. , Salmon Columbia river. 1-pound talla. ?1Q 1 50; 2 - pound tails. 522 CO; fancy. 1-pound fiats, 51, 05(31 75; -pound fancy fiata, S5Q03c; Alaska, 1-pound tails, 51 201 30; 2-pound tails, 51 90g2 25. Grain bags Calcutta, 5707 10 per 100 fot spot, 50 503 02 for July-August. jCuto Peanuts. C7cper pound for raw, 10s for roasted; cocoanuts, 00c per dozen; walnut 10011c per pound: pine nuts, 15c; hickory nuts, 7c; chestnuts. 15c; Brazil, lie; Alberts. 15c; fancy pecans. 1214c; almonds, 15 Q 17c pel pound. Coal oil Cases, 21o per gallon; barrels, 17c; tanks. 15c Rice Island, Cc: Japan. 6c; New Orleans 4SCc; fancy head, ?77 CO per sack. Meat and Provisions. Mutton Gross, best eheep, wethers and ewes. 540)4 5; dressed, 77c per" pound; eprlng lambs. 52i32 CO each. Hogs Gross, chojee heavy, 55; light, 54 CO; dreased. 50c per pound. Beef Gro68, top steers. 544 CO; cows, 53 M (?4, dressed beef. 65J7c per pound. Veal Large, 67c per pound; Small, $&c Provisions Portland pack (Shield brand): Hams, smoked, are quoted at 13c per pound; picnic hams, Sc per pound; breakfast bacon, 13c; bacon, 0c; backs, 0c; dry salt sides, 8e; dried beef, 17o per pound; lard, 6-pound , palk, 10c; 10 -pound palls. I) fie; COs. Dc; t!ercv, 0c per pound. Eastern pack (Ham mond's): Hams, large-, 13c; medium, lOic." 'small. 13c; picnic hams, 0c; shoulders, 9c; breakfast bacon, 12c; dry salt aides, S&0c; bacon sides. 010Uo; backs, 10c; butts. So; lard, pure leaf, kettle rendered, 53. lOHo; 10a, 10o. Hops, "Wool, Hides, Etc Hops 3t56c per pound. Wool Valley, 12 13o fox coarse, 10318c fpr best; Eastern Oregon, 10315c; mohair, 2GQ2Sc per pound. Sheepsklno Shearlings, 15020c; short-wool. 21 35c; medium-wool. S0g50c; long-wool, 00cQ51 each. Pelts Bear skins, each, as to size, 5515; cubs, each, 51G5; badger, each, ,10314c; wild cat, 540c; housecat, 5 10c; -fox. common gray, 40SO0c; do red, 51 25gl 75; do cross, 52 M 00; lynx, 51 C0&2 CO; mink. SOcQJl 25; mar ten, dark Northern, 548; do pale, pine, 51 25 63; muskrat. 8 12c; skunk. 25-40c; ottet (land), 54C; panther, with head and claws per fect, 513; raccoon, 25C0c; wolf, mountain, Mlth head perfect. 53 C035; wolverine, $2 50g5; beaver, per skin, large, ?&S,7; do medium, per ekin. 545; do small, per skin, 51(32; do kits, per skin. 50cS?51. Tallow CQ5c; No. 2 and grease, 3fr4o per pound. Hides Dry hides, No. 1, 10 pounds and up ward. irJQ'lCHc; dry kip, No, 1, 6 to 10 pounds, 15c per pound; dry calf. No. 1. under S pounds, 154TlGc; dry salted, one-third less than drj flint; salted hides, sound steers, 00 pounds and over. 839c: do CO to CO pounds. 8Sc; do under CO pounds and cows. 7Q8c; kip. 13 to 34 pounds, 78c; do veal, 10 to 14 pounds. 7c; do calf, under 10 pounds, 7c; green (unsaltedX Ic per pound less; culls (bulls, stags, moth eaten, badly cut. scored hair slipped, weathen beaten or grubby), one-third leas. JfBW YORK STOCKS, Prices at "Which, the Principal Se curities Closed. NEW YORK, March 17. The total sales of stocks today wero 146,000 shares. The closing Quotations were as follows: STOCKS. Atchison do nfd . 23&I Union Paciilo .. 49 . OS I do nrd 725; Bait- & Ohio... C35i Can. Pacific 95 Can. Southern-.. 4S Ches. & Ohio... 2 C. G. "W. 13 C. B. & 0 127U iWabash do pfd 9rtU Wheel. & L.. E... 10 do 2ds pfd 27 Wis. Central 16 p. C. C. & St. L.. 06 EXPRESS CO.S. Adams 1U C. Ind. & Louis 2114 do pfd 53 C, & East 111.. 2G C. & N. W 160 C, R. I. & P.. .103! C. C. C. & St I. GS& Colo. Southern.. 6 do lets pfd.... 43 do 2ds pfd 17 Del. & Hudson.. 114 D., L. & W 177 D. & R, G 19 do pfd 71 Erie 13 do lsts pfd.... 37i Gt. ttorth. pfd..l57 Hocking Coal... 15 Hocking Valley. 32 111. Central 113 American 150 United States ... 45 Wlls-Fargo ....122 MIS'LANE'US. Am. Cotton Oil. 334 do pfd 94 Am. Halting .... 5 ao pia 24 Am. S. & R 29U do ofd 91a Am. Spirits 2 do nfd 17 lAm. Steel Hood. S5 do Dfd SO Am. Steel & W.. 56 do pfd 91 Am. Tln-PIate .. 33 Iowa. Central.... 15 do nfd SO Am viorZiAT ao pia 50 k. c., p. & g... i6i do pfd .....::::i35 h. E' h est 2WAnaconda M. Co. 47 rQ? PW S5iBrook R. T. 66T4 Lake Shore .....194 Colo. Fuel & I... 49 kouls.- sYl" Sl Cont. Tobacco ... 29 Manhattan L ...9",' ) do pfd ........ K$ Met. St. Ry.....l60Federal Steel ... SO Mexican Central 14M do ofd 732 Mi!in' St' L- SPn- Electric::::.123 Mobile & owo.. mSvJji"::: 3 Alp., Ji. & T.... 10 do pfd 61 do pfd ......... ffl Ladeue Gas 74 & Central...li5NatIonai Biscuit. S5 N. . Central... 134 do nfd ti Norfolk & Wj... gfc N-ational Lead:. !k k-dfLJ)fdr. :. 75' do pfd 103 NSJMPaclflc ajtlonal Steel 45 ao pfd 74( do pfd . . 92W O&N-B ! TC Sr'BrikeS a',a i North. American 15U do pfd .., 76 .Pacific Coast ... 50 Pennsylvania. ..134) do lsts pfd ... 82 South. Pacific... 3S4 do 2ds pfd ...mt CO WHEAT! A Most Astonishing Record Purchases of wheat made In March in variably show a good profit during April and May. as the following table, compiled from the official records, will prove: Low In High i?1"-" March. An'l-May. Adv. 1S79 8S, 51 01 13U liS0 -r.. ?1 12 7 l5l isft 16S1 9S 112 14 1SS2 ?124 140" 15 18S3 105 1134. h 1SS4 82 - S4i 12 1SS3 .' 73 934 ist 18S6 75 S3', 5 1SS7 :.. 72?4 Ssit ik2 1SSS". 71 S9 lSVb 1SS9 92 106 14 1S90 76 1 00 2W; 191 99' no 16 1S92 77W 91 i?.v 1S93 -725 " SS 15 1S94 53 f54 9 1SS5 514, S5 24 1SS3 Z3 71 11 1S97 C9 9T74 fKlA 1S9S (Lelter) 100 1 5 S5 1S33 CO- 79 18 Take advantage of an exceptional op portunity to Increase your Income. We have the facilities and solicit your busi ness. CULLISON & CO. Eoard of Trade and Stock Eschance Brokers. 214-21C Chamber of Commerce. PORTLAND, - - - OREOOX, Reading 17:PacMc Mall do lsts pfd 56i people's Gas do 2ds pfd 23 & Pressed S. Car. R. G. W ta-sii do pfd do pfd 91 jPull. Pal. Car... St. L: z S. P... 104l5tand. R & T.. do lsts pfd .... 69 JSugar do 2ds pfd 34 l do pfd St. L. S..W 10?UTenn. Coal & I.. do pfd 23 U. S. Leather... St. Paul 123341 do Pfd do pfd 173 IU. S. Rubber ... St. P. & Omaha.l07Vi do pfd' Southern Ry... 13Western "Union .. do pfd 59lftep. I. & S Tex. & Pacific. 164 do pfd , BONDS. U. S. 2s Teg 101'Gen. Electric 5s. do 3s reg lll4iNT. Y. C. lsts... do 3s coup 1J1 North. Pacific 3s, 35 j 52 Sl 183 6 102i 103 S5?i 17 M 83 21 i ;c5- ,113 U0 , 06 105 ,10S 102 .127 .113 ,100 .103 120 1204 ,1G5 . Mil do new 4s reg.135 do 4s do 4s coup 133 Or. Nav IStB" ao old 4s reg... 1151 ao 4s do coup 11G-I4j0r. S. Line 6s uu J3 4ViJ.......JiO'j' UU CUil. do 5s coun 115' m R. G. W. lsts... Dis. of C. 3-G5S.H9 3t. Paul cons..'.. St. Paul, CAP, lsts do 5s Union Pacific 4s. Atchieon adj. 4s S3J -. ix. -i. t. ran. 7s ;..142 do S. P. deb. 5sl2l D. & R. G. Ists.lOW. Wis. Cent. lsts. do 4s SS5ij Money, Exchange, Etc. SAN FRANCISCO, March 17. Sterling on London, CO days, 54 S3. Sterling on London, sight, 54 S7. Mexican dollars, 4S49c Drafts, sight, 17c; telegraph, 20c NEW YORK, March 17. Money on call, Arm, 5 per cent. Prime mercantile paper. 55 per cent. Sterling exchange, steady, with actual business in bankers' bills at 54 S5 de mand and at 54 S2 60 days. Posted rates, 54 S34 7. Commercial bills, 54 SlVif4 Siafc. Silver certificates, C061c Mexican dollars, 47c Government bonds, steady. State bonds, easy. Railroad bonds, irregular.. . LONDON, March 17. Money,. 33 Per cent. Consols, 101 5-16. Stocks In London. LONDON, March 17. Canadian Pacific. 975i; Union Pacific, preferred, 764; North em Pacific, preferred, 76; Atchison, 24; Grand Trunk, S; Anacopda, 9; Rands, 8k " -T3ID GRAIN MARKETS; Prices tor Cereals In European, and American Ports. SAN FRANCISCO. March 17. Wheat Steady; spot, market quiet hut steady; no sales. Barley Spot, quiet. Oats Dull. Spot quotations wero: Wheat Shipping, No- 1, 964c; choice, 97c; milling, SS&cejlOltf. Barley Feed, 7075c; brewing, 82S5c. Oats Gray. Oregon, 5107fll2; mill ing, 51 151 17; red, 95cS$l 15. Call board sales: - Wheat Steady; May, 9Sc; December, 51044; cash, 97c Corn, large yellow 51 121 15. Chicago Grain and Produce. . CHICAGO, March 17. The opening In wheat was marked by a good deal of activity and strength. Liverpool showed a good advance, following the gain in prices here yesterday, but the chief factor 'for the time being was the continued cold weather in the winter-wheat belt, and the growing conviction among traders that next week would be marked by a flood of crop damage reports and a corresponding advance in the price of wheat. May opened at 6767c, an advancee of Sc over yesterday. This advance was suffi cient for many holder, and realizing sa.les caused a temporary setback. May react- ing to 67Vc, with considerable wheat changing hands at those figures. Then the market again turned upward and for the remainder of th& short ses sion buyers were largely In the majority. Durlncr the last hour of tradlnir a. new nnd decidedly influential factoT developed in the engagement tor export of 404,000 ousnels hero and 403 loads at the seahoard, while ioreigners were good buyers of futures. May wheat reacted to- 67c, and at the dose was in demand at 67?867c. Corn was firm at the opening and at the close, with some weakness Interven ing. Considerable activity was shown all day. A good cash demand was reported. May closed c higher. Oats showed more activity than of late, and scored a small advance. Elevator people were moderate sellers. May closed 4c higher. Provisions were active and strong throughout, and new high prices for tha season were recorded. The advance In hog prices, the strength of the grain mar kets, and the small stocks, wars fnrtors In the strength, and, in spite of heavy commission-house selling, prices advanced steadily. May pork closed 17c higher; May lard 57c higher, and May rlh3 7c higher. The leading futures ranged as follows: WHEAT. -r -, Openlng.HighesLLowesLCIoslng. March 53 rxv ay C7 077 50 67 67 July CS CS 67 es2 CORJf. March .... .... sst4 -Vs,y 37 37?i 37i a?S July -37 38 3754 3S oepu i54 35 3S OATS. 3SX May July 23 24 23 22 23 22 24 23 MESS PORK. lay US) 1135 1120 1132 July 1115 1130 1115 112? LARD. May 610 6 15 610 615 July 6 17 6 22 6 17 6 2i SHORT RIBS. May 6 12 6 17 6 12 6 15 July 6 15 6 20 C 12 6 17 Cash quotations were as follows: Flour Steady; winter, patents, 53 40 3 60; straights, 52 90Q-3 a); spring, specials 53 90; patents, 53 103 45; straights, 52 60ffl 3; bakers. $22 40. Wheat No. 3, spring, 626Cc; No. 2 red C970c. Corn No. 2, 2651c Oats No. 2, 230240; No. 2 white, 2GUQ 2Sc; No. 3 white. 2526U- Rye No. 2. 5556. Barley No. 2, 2644c Flax seed No. 1, 51 C3; N. W 51 63. Timothy Prime Timothy seed, 52 45. Mess Dork Per bbl., 510 70311 33. Lard Per 100 pounds, 53 956 10. Short ribs, sides (loose). 56S6 23; dry salted shoulders (boxed), 56 256 50; short clear sides (boxed), 58 40SC 50. Whisky Distillers' finished goods, per gallon, 51 24. Sugar Cut, loaf, 55 95; granulated, 55 39. On the produce exchange today the but ter market was easy; creamery, 1924c dairy. 14022c. Cheese firm. 1213c. Eggs firm; fresh, 15fll6c. , . , Receipts. Shipments Flour, barrels 42.000 9 0"0 Wheat, bushels 3G.0W S9I0OD Corn, bushels 370003 159 003 Oats, bushels 396.000 202001 Rye. bushels s,00) 5 0" Barley, bushels 47,000 17UC0 Xcvr York Grain and Produce. NEW YORK, March 17. Flour Re ceipts, 1S.S92 barrels: exports, 28.739 bar rels; market, quiet to firmer. Minnesota patents. J3 754: Winter straights, 53 45 3 CO. Wheat Receipts. 115.400 bushels; exports. 23.9S7 bushels. No. 2 Red. Sic; elevator, SOUc f. o. b. Options opened firmer on co'd weather news and stronger English cables. Subsequont covering orders with foreign buying sustained the market all morning. The close was firm at c net advance. March closed 77c: May, 73o; July, 73c; September closed 73c European Grain Markets. LONDON, March 17. Wheat Cargoes Off coast, nothing doing; cargoes on pas sage, more inquiry; cargoes No. 1 standard California, ISs Cd; cargoes Walla Walla. 2Ss. English country markets, quiet. LIVERPOOL, March lLWheat-Firm; I wheat and flour in Paris, quiet; French country markets, quiet. Flour St. Louis fancy Winter, ?s 3d. Hops at London Pacific Coart, steady, 303 15s. -Wheat Spot, firm; "No. 1 Northern Spring, 6s 3d; futures, firm; March, nom inal; May. Es lOd; July, 5s 9d: Corn Spot, steady: American mixed, new, 3g lld; do old; 3s llftd: Futures, quiet; May, 3s lld; July, 3s 10d. Australian "Wheat. From Sydney, under date of February 15, comes the news that the wheat of this season, although In considerable quantity, is somewhat varied in quality, tho weather conditions having caused a preponderance of what may be termed second, quality. The market has been firm at up to 2s Sd per bushel for the best quality, but the exigencies of ship pers on chartered vessels are assigned as reason for the firmness, and, their re quirements being filled, easier rates are looked for. Millers are reported to have secured their choice of samples and have secured good stocks, so that fee some time they win bo Independent 6f grow ers who are holding stocks. We doubt if 2s 8d per bushel will be upheld, at any rate on present local Indication. "WHEAT, CORN AAD OATS. The Oransre JTudd Farmer's Estimate Shows Large Reserves. Tho Orange Judd Farmer has the fol lowing: Tha consolidation of local returns this year makes it appear that the amount of wheat still remaining on tho farm equals 29 per cent of the crop of 1S09, or an aggregate of 164,000,000 bushels. This figure Includes all wheat now held on the farm of whatever quality, whether for home consumption, seed or eale, but It does not Include any part of the crop which has "been sold from first hands ir respective of whether or not it has yet ap peared in tho commercial visible supply. The present farm reserve compares with 204.000,000 bushels similarly reported last year, but with that exception la the largest since March L 1S94. The reserve reported in first hands on each yea.r on March 1 is shown as follows: Prct. Bush. Prct. Bush. 1S94 16S.O0O.000!lKS 26.7 157.000,003 1595 29.8 154.000,000,1599 29.1 2O4.C00.CO0 1890 145,000.0001KX) .23.0 164,000,000 1S97 26.4 124.000,(XW1 Our estimate of the volume of wheat crop of 1&9, made last October, was 565, 000,000 bushels, a figure moderately larger than the estimate of other recognized au thorities, and is 18,000,000 bushels larger than tho official Government estimate made public in January. That the estimate was conservative Is shown by the record ed facta of distribution for the year. In the following statement there are as sembled the various data of distribution ana supply of tbe year, and the showing Is an emphatic confirmation of the con servative character of our crop estimato. In this table the seeding is at the ac cepted rate, while consumption is figured at 4 2-3 bushels per capita: Supply Bush. Commercial stocks, March 1, 1E29. 65.000.000 Farm stocks, March L 1&99 204,000,000 Crop of 14B9 565,000.008 Total 834,000,604 Distribution Consumption, 1S99-1900 350.000.000 Seed. Spring and Winter, 1S39 67,000,000 Export, March L 19, to Feb. 28, 100 , i ISO.000,000 Commercial stocks, .March 1. 1900,100,000.000 Farm stocks, March 1, 1200 .164,000,000 Total 861.000,000 From tho data brought out by this in vestigation it appears' that the present available supply of wheat for all purposes, in comparison with a similar showing a year ago, is na follows: 1S99. bu. 1900. bu. Commercial stocks 65,000,000 100,000.000 Farm stocks 24,000.000 164.000,000 Total 29,000.000 2o4.000.00 This shows that the heavy surplus carried over from the great crop of A893 has been sufficient to so augment the sup ply from the smaller crop of 1899.. In con nection with the. diminished export re quirements, aa to leave us with a present supply for all . purposes practically the same as was held a year ago. The present returns indicate that 39 per cent of last year's great corn crop still remains, on the farm. With one exception this is tho smallest percentage remaining from any crop since that following the crop of 1834, but the great volume of last year's crop makes tho aggregate amount so held larger than in any recent year except 1896 and 1897. The following state ment shows the March 1 corn reserve on tho farm, covering the past seven years, with the percentage which the reserve la of the previous crop: tvw Prct. Bush. I Prct. Bush. ' 1S94....38.4 C6l,000,0001189S....40.7 743,U.00fl 1895.. ..39.0 563,000.000 1839.,3S.9 71LCO0.000 lS9d....4S.6 1.061,000.000 1SC0... .33.0 862,000,000 1897.... 47.8 1,OS4.000,000 The present farm holdings of corn aro small when compared with those of 1S36 and 1897, but of ample proportion in com parison with the average of the past few years. It may be taken as representing a healthy relation "between supply and usual demand. The consumptive demand for corn during the past 12 months has been heavy. During the year beginning March 1, 1S9S. the supply was made up of 743,000,000 bushels carried over from, previous crops and a production for the year of 1,SCS,000,000 bushels, or a total sup ply of 2,611,000,000 bushels. From this sup ply there was left to carry over from March L 1899, 711,000,000 bushels, showing a distribution during the year 1S0S-9 of 1,900, 003,000 bushels. During the yoar beginning March 1, 1899, tho supply was made up of the 711,000,000 bushels carried over and a crop of 2,207,000,000 bushels, or a total of 2,918,000,000 bushels. From this supply there Is now left to carry over. March 1, 1900, 862,000,000 bushels, showing a distribution during tho last 12 months of 2.057,OO0,Oi0 "bushels, or a gain in the con suming capacity of 157,000,000 bush els during the year. It Is also worthy of note that for the first 'time the dis tributive demand exceeds 2,000.000;000 hush els per annum. In considering farm re serves of corn it is important that the reserves in the states of commercial supply bo given separately, as Lb done in tha following table: 1S9S. bu. 1899. bu. - 1600. bu. Ohio 37,493.000 37,573.000 42.055,000 Indiana 45,900.000 48,725,000 54,133.000 Illinois .103.051.000 77,535.000 U3.170.000 Iowa 106,920,000 105.731.000 134.4SS.000 Missouri 52.26S.000 62.790.C00 60,863.000 Kansas 64.016,000 4O.1S7.0O0 89.807,000 Nebraska .... S0.017.COO 53.537,000 9L043.000 Total 49i.673.000 432.O77.0CO ,583.559,000 The farm stocks of oats, following the excellent crop of 1S99, are the largest -ever reported except In '1896, but the.excees over the stocks thus held last year is only about 10 per cent In view of the gen erally Improved Industrial conditions and the heavier rate of consumption now go ing on, this increase should not be con sidered In any way burdensome. The per centage which present stocks are of last year's crop Is 37.1 and the aggregate hold ing 322,065.000 bushels. The farm reservo of oats reported on March 1, in recent years, have been as follows: ,- Bush. I Bush. 1833 254.000.000ilS9S 29LO0O.0CO 1SS6 415.000.00011SO-3 231.000,000 1S97 2S6.000.000l900 322,000,000 SAX FRAXCISCO MARKETS. SAN FRANCISCO. March 17i Wool Spring Nevada, 12n5c; Eastern Oregon. 1216c; Valley. Oregon. 23tJ22cf Northern mountain, 1012c; mountain, S10c; plains, SglOc; Humboldt and Mendocino, 1517c, Hops '99 crop, 11013c for choice. Mlllstuffs Middlings, fl7g20; bran, 512 513 per ten. Kay Wheat, 5710 per ton; wheat and oat, 57Q9; barley, 55 507 60; alfalfa. 55 57 50; clover, ?7SS per ton; straw, 20SJ42c per bale. Potatoes Early Rose, TSJJSSc; Rlyer Bur banks. 40I?70c: Salinas Burbanks, SOcffJl 10: Oregon Burbanks, C5cC$l"03 per sack; sweets, 52 6502 75 per cental. Onions 51 752 per cental. Tropical fruit Bananas, 51 5032 50 per bunch; pineapples, nominal. Citrus fruit Mexican waes, 5435; com mon California lemons, 75c351 SO; choice 51 7&S2. 1 , . ..,,. Apples 50c51 25. Butter Fancy creamery, 21c; do seconds. 2020c; fancy .dairy, lS19c; do seconds, 15317c per pound. Cheese New, SSc; Eastern, 1617c per pound; Young America, 10310c; Western, 1314c per pound. Eggs Store, 1213c; ranch, l3?16c per dozen. RecelptF Flour, 17,502 quarter sacks; wncat1340 centals; oats, 1260 centals; bar ley, 7355 centals; do Oregon, 460; beans, 455 sacks; potatoes, 2375 eacks; do Oregon, 32; bran, 250 sacks; middlings, 200 sacks; hay, 52S tons; wool, 3 bales; hides, 233. EASTERN IilYESTGCH:. CHICAGO, March 17. Cattle Receipts, 100. Week's receipts largest of year. Qual ity poor to good, no strictly choice; closed with a good tone. Natives, good to choice, firm, 54 753 75; poor to medium, steady, 54 404 60; selected feeders, strong, 54 20 4 5; mixed stockers, 53 4034; cows, 53-'3 4 25; heifers, 53 254 65; canners, 52 25Q 2'9Q; bulls. ?34 20; calves. 54 607 10; Tex an receipts, two cars. For the week, 6400. Previous weok, .3800. Texas-fed steers, strong, $3 7&S5; Texas bulls, Arm, ?3 20 3 7a Hogs Receipts today, 1L000; tomorrow, 2S.O0O estimated; left over. 1100. Average, ,5c .higher; closed weak. Top, 55 20; mixed and butchers, 54 S0JJ5 17; good to choice heavy. 53 0535 20; rough heavy, 54 9035; light, 54 8535 15; bulk of sales, $33 12. Sheep Receipts, 500. Sheep and lamb?, about steady; good to choice wethera. 55 73 36; fair to choice mixed, 55 2535 75; West ern sheep, 55 5030; yearlings, 53 C036 50; native lamb3, 55 5037 23; Western lambs, 537 25. Receipts this week Cattle, 54,600; hogs, 144,600; sheep, 61,000. OMAHA, March 17. Cattle Receipts, 300 head; market, steady. Native beef steers, 5135 40; cows and heifers, 53 25 4 25; canners, 52 253? 10: stockers and feed ers, 53 7026: calvesj 53 S07 50; bulls and stags, 52 7533 75. Hogs Receipts, 4700. head; market, G310c higher. Heavy, 54 9235: mixed, 5 92 4 95; light, 54 9034 95; hulk of sales. 54 933 E. Sheep Receipts, none; market, steady. Fair to choice natives. 55 7336 10; fair to choice Westerns. 55 2535 80; common and choice sheep, 5435; lambs, 58 2537. KANSAS CITY, March 17. Cattle Re ceipts, 250; market, steady. Texas steers, 53 0534 55; Texas cows, 52 7533 50; native steers, 53 7535 20; native cows and heifers, 524 SO; stackers and feeders, 53 2035 40; bulls-. 5304 50. Hogs Receipts, 4000: market, steady. Bulk of sales. 54 9034 95; heavy, 54 SO 5 05; packers, 54 7735; mixed, 54 754 90; lights, 54 5234 90; Yorkers. 54 8034 00; pigs, 53 034 55. Sheep Receipts, COO; markej, strong. Lambs, 53 6537; muttons, 546. The Metal Markets. LONDON, March 17. On the Stock Ex change .today, the hardening price of sil ver, which was quoted at 27 ll-16d per ounce, was attributed to the announcement that the French government will receive tenders for 20,000 kilos of silver March 2L NEW YORK, March 17. The firm that fixes the selling price for miners and smelters, quotes lead at 5-1 45 at the" close. Bar silver 60c SAN FRANCISc67March 17. Bar sil ver COo. Coffee nnd Sucar. NEW YORK. March 17. Coffee Options closed steady, with prices unchanged to 5 points higher. Sales, 7500 bags, including July, 56 90; September, 57; November, 37 05; December, 57 25; January, 57 25; spot Rio, steady; No. 7 Invoice, 84c; No. ? jobbing, 8io; mild, quiet; Cordova, 9314c Sugar Raw, firm; fair refining, 3c; centrifugal, 96 test, 4; granulated, 55 10; cut loaf, 55 SO. WHY CANADIANS APPROVE. A Victoria Official Presents the 31at tor "With Clearness and Splriv. "VICTORIA, B. C, March 17. Thomas Deasy, Chief of the Victoria Fire Depart ment, gives out the following discussion of the South African war from the standpoint of a Canadian: "Cape Colony was founded by the Dutch in 1652, and wa3 taken by the English in 1796. It was ceded to tho Netherlands In J803, and again occupied by the British in 1806. In 1S14 the Brltlsn government ex tinguished the title of the Netherlands for a consideration of 530,000,000. The Trans vaal hag an area of 119.000 square miles, and the Orange Free State 43,000. The white population of the, Transvaal and Orange Free State la 227,000, nvlth a native population of 730,000. The Boer population In tho two states Is 140.000. The total popu lation of British and Dutch Africa la 8, 500.000; the total white population is 700, 000, which includes the' 340.000 Dutch. In 1SS2 the revenue of the Transvaal wai 5870.000, while In 1S97 the revenue Increased to 522,000,000, principally derived from the workings of the mines. Tho total produc tion of the mines In 1897 amounted to 537. 000,000, of which tho government received 3S per cent 522,000.000. The money so raised was expended in the purchase of arms and munitions of war. "In the city of Johannesburg, with over 100,000 inhabitants, but 230 persons were allowed to vote. At one time a residence of two years entitled Immigrants to the franchise; but when the Boers found that there was danger of losing their grip on the publio purse the franchise laws were repealed. Later a concession was made granting tho franchise at the expiration of "14 years, upon condition that when that period expired tho man who wished to exercise the franchise should get the written consent of two-thirds of the Boers who resided in the district where he voted, and tho consent of the authori ties at Pretoria. r A voter was also liable to be called out for active military serv ice on 12 hours' notice. The S3.000 TJlt landers paid 522,000.000 in taxes to the 63. 000 Boers, and were denied all civil rights. "The talk of religious liberty in the country is met by Rev. J. J. O'Reilly, who states that It Is" against tho law of the South African Republic for Catholics, Jews or colored people, to hold office or to vote. Ho continues: 'As to Leyds. he must have concealed his Cathollcl'y very successful'y. T, for one, should not be more astonished if I heard that Satan himself were a loy al son of the Church.' Tho Roman Cath olic Bishop of Klinberley writes,. In tho same strain, and prays that the British will win in the struggle. The natives aro treated as slaves; All attempts to civi lize them are frustrated by the Boers. "In 1884 all Americans and Britishers were invited to the country by the pres ent President of the so-called Republic, and promised Just and proper treatment. The English language was practically ex cluded from the schools, and a judge wns dismissed for rendering a decision Jn fa vor of the TJltlander, on the clearest evi dence. "The last and greatest reason for the war was the fact that the Boors invaded territory under British rule. "British rule, both In South Africa ani Canada, Is proof that all persons enjoy the greatest freedom. Ip Caue Colony an Af rikander holds tho highest oSlce Jn tho gift of the people, while the Prime Min ister of Canada Is a French-Canadian. In the Province of Quebec the French lan guage is taught in the Public Schools, and the 2.000 000 residents of French descent are contented. In the House of Commons the French language Is spoken, as Dutch and English are spoken In the Legislature In British South Africa. "We have sent our thousands to aid the British government, and are prepared to supplement the number by tens of thousands. A number from our homes will sleep their last sleep on tho veldt: our city lost more, 4n proportion to th number sent than any other; but they died the death of heroes, fighting to ur hcld' right Their memory (will ever oa Downing, Hopkins Chicago Board of Trade New York Stock Exchange Brokers Continuous market quotations at principal centers-of trade received overj.6ur own wires. Branch offices at Seattle, Tacoma, Spokane, Walla Walla, Colfax, "Wash., Vancouver and Victoria, B. C. Room 4f Ground Floor, Chamber of Commsrcz. - Both Telephony. Vy"T V a S. GEO. W. ELDER, S. S. NOME CITY . S. S. DESPATCH The above first-class steamers will sail every 10 days during the season for Cape Nome, York and St. Michael and Yukon river points. FOR KATES AND ISFORMATIOK APP LY TO CALIFORNIA & OREGON COAST S; S. CO. F. P. BAUMGARTNER, 353 Washington SL W. A, Mitchell & Co., General Aerenta, San. Francisco. Cape Nome Gold Fields THE XEW PAIA.TIAI. STEBI4 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" has a capacity of 2500 tons. Htr second cabin and eteeroge acccmmcdatloaa ar superior to the flrat-claas accommodations of most of the steamers advertised for Nome. The Pacific Coast Steamihlp Co. has been running: Ita steamers to Alaska winter and, sum merfor 25 years, and la the pioneer Pacific Coast line. Seattle frelcht and passenger rates ap ply from Portland. For further information Inquire of GOODALL. PERKINS & CO.. General Agents. 10 Market. San Francisco, or X. P03TON. Agent. 240 "NYaahlnston et., Portland. Or. NEW THROUGH SERVICE FIRST-CLASS PULLMAN SLEEPERS ARE NOW OPERATED Between Sat Lake City and Chicago Via Rio Grande and Rio Grande GteafRpck Mandpute GRANDEST SCENIC TRIP IN THE WORLD THE COLORADO ROCKIES CROSSED "BY DAYLIGHT. Pullman's Finest Broad Vestibuled Sleepers Leaving Salt Lake City DslJy at 8:05 P. M. and CflRRIBD ON LIMIT&D TRAINS Making connections at Chicago -with all morning trains to the East. ..DINING CAR SERVICE THROUGH BUFFET LIBRARY CARS., A. E. COOPER, Gen'l Agent, 246 Washington St., Portland, OaB. E. W. THOMPSON, A. G. P. A., Topska, Kans. JOHN SEBASTIAN, G. P. A., Chicago. sacred to our people. We have enjoyed the protection of the British Army and Navy for many years, without glvlnjr anything In return, and when the Empire needed her sons they responded without hesitation. Canada, from one end to the other approves of tho action, taken and the spontaneous offer of the youth of our land to lay down their lives for right and justlco Is tho best answer Canada can give to tho jingo press and vote-seeking agitators, who are forever attempting to wreck their best governments and Institu tions. RELIEF FUND FOR BOERS. Xntlonnl Committee Expects to Rniac a Million Dollar. NEW YORK, March 10. (To the Edi tor.) Recently, upon the desire and wisn of Dr. J. W. Leyds, who Is European envoy and representative of the Republic of South Africa; Dr. Hendrlk Muller, the envoy extraordinary of the Orange Free State to the Netherlands, and air. J. H. PJofmeyr, president of the Afrikander Bund and former Premier of Capo Colony, It was urged that an association be formed in the United States as a central body with Which and through which all smaller or ganizations through the country could co operate. The result Is that the National Boer Relief Fund Association, having or flees in tho St. James Building, Broaaway and Twenty-sixth street, was organized. Dr. Leyds, Dr. Muller and Mr. Hofmeyr have assured Mr. Van SIcIen. the secretary-treasurer of the association, tnat ample funds have already been secured for Red Cross socletes, and no further aid in that direction is necessary. These gentlemn lay particular stress upon tr.o point that the main object to be attained at tho present crlsi3 in Boer affairs in South Africa 13 aid and assistance for the widows and orphans. In a recent letter from Mr. Hofmeyr, dated Cape Town, he says: "Of Red Cross societies wo have already quite enough. Only the other day a wire wa3 received from Pretoria, via Delagoa Bay, declining tho help of ambulance corps, worthy South African medical students and doctors sent from Edinburgh, as so many ambulance parties had already ar rived from Europe and elsewhere. What ever the final result of the war may oe. thousands of poor widows and orpnans will ba left In a state of destitution. Hun dreds of thousands of dollars will bo re quired to render them some effective aid. but when tho stirring events of the war are over the lot of these poor, sorrowing ones will not appeal to the public imag ination, and unless the public purse strings bo untied now, they will be left to starve." In the formation of the National Boer Relief Fund Association the point of the greatest Importance wae the selection of a representative chairman. After scan ning the names of men most prominent In every walk of life In all sedtlons of tne country, W. Bourke Cockran was unani mously chosen as the one best fitted, in point of sympathy. Influence and national fame, to occupy this position. When Mr. Cockran was notified, of his selection, he readily accepted, and, as proof of tne earnestness of his sympathies for the he roic Boers, sent to the treasurer his check for 5500, to be devoted to the work and fund of tho National Boer Relief Fund Association. George W. Van Slclen. the father of the association, was chosen tne secretary-treasurer;- Alfred Chasseaud, general manager, and the work of raising fundj for the benefit of the widows and orphans of the Boeis was immediately in augurated. The secretary-treasurer is convinced that before tho Anglo-iJoer war NOME S Western Denver (Scenic Line) and ' is terminated, the National Boer Relief ' Fund Association will have raised 51.W0.- 000 to forward to South Africa. J A Woman's Auxiliary League Is being es tablished to aid in tho work of the as" clatlon. The ladies In every part of tho country who aro desirous of taklnjr an. active part In raising funds through sub scription lists, fairs, amateur theatrical entertainments, placing donation boxea In available places, or in any other way, will confer a favor on the association by send ing In their names and purposes to tho i General Manager. Tbey will receive duo authority, and arrangements will be mado to give every donor or subscriber an of ficial souvenir receipt. HENRY C. WILLTAMSOX, Press Representative. 4 B EASTERN OREGON GOLD MINES Why Tlicy Are Likely to Attract tho Attention of CapitnliHtH. BAKER CITY. Or., March 14. (To the Editor.) Old Callfornlans were never slow in taking an active Interest in the great gold belt of the Western slopes of tho Sierra Nevada Range, and many millions of dollars have been their re ward. This gold belt coincides with the slaty and schistose, formation belonging to the Trla3slc and Cretaceous geolog ical periods. Now, the true northern ex tension of this Sierra Nevada gold belt Is not, as many Oregonlans suppose, along the Cascade Range, but along tho Blue Mountain Range, through Malheur, Ba ker, Grant and Union Counties. Geol ogists assert that during tho Cretaceous (Upper Mesozolc) period the coast of the Pacific Ocean followed the Blue Moun tain Rango northward. This range 13 composed. like the Sierras, of granito and metamorphlc slates and schists, in which are found fossils of the Triasalo age. The Cascade Range is of more re cent period, and contains marine fossils of the Upper Cretaceous and Eocene age. From a geological standpoint, and from exporlenco obtained, on so profitable and extensive a scale. In finding gold In thla mineralized belt In California, Orego nlans have sufficient inducements to per severe in prospecting more vigorously and Intelligently these Blue Mountain districts of Eastern Oregon. The devel opments mado during the past two years In the northern parts of this rang aro most encouraging, so much so that East ern capital has been flowing in. The southern portion of the range hajj been less prospected for veins, being less ac cessible, but the geological features and the gold-bearing rocks therein aro strong ly In evidence, and the long-worked gold placers of Malheur County prove that it Is worthy of closer and deeper research. Portland should bo alive to the prob able great mining future of these dis tricts, and should not allow, through in ertia, thl3 lino mineralized zone to bo absorbed entirely by Eastern capitalists. It Is not a poor man's mining region; for the auriferous veins go deep. Large capital Is required, as has always bean the case In precisely similar formation In California. It seems probable that In the near future Malheur. Baker. Grant and Union Counties will furnish tho O. R. fc N. Co. with an Immense tonnage, and will keep a smelter of largp capac ity in constant and profitable oneration. R. M. B. Kofer'K JJnive Admission. Salem Journal. "W. S. TTRroa. the Termor Populist, no-w pie aH-nround miui. Is la hla element; he Is being tali-cil a"boui. Aurora. Boreall?. . Isn't that the element wo all llko to b In. Wax not bo honest about it? 1