THE SUNDAY OREGONIAN, PORTLAND, FEBRUARY 21, 190
15
FOUR GENTS HIGHER
May
Wheal Reaches $1.07 in
the Chicago Pit
JULY OPTION ALSO 'ADVANCES
Most Exciting Day In theMarket In
Many Years-War News and
Stoppage Jn Shipments
. .the'Cause.
CHICAGO, Feb. 20. A sensational advance
of 4ytc a bushel was scored la 30 minutes to
day by wheat for the Slay delivery. The
phenomenal price of $1.07 was reached, tht
chief Incentive being rumors of the Russo
Japanese War spreading to other nations, and
talk of stoppage of wheat shipments from
Russia and from Argentina was a secondary
factor. The day on 'Change was one of the
most exciting In a number of years. Com
pared with yesterday, the final figures today
are 3c higher for May wheat and 2c for July.
May com Is up c; oats, c, and provi
sions, 1537&c
The wheat market opened excited and strong.
Ehorts were active bidders for the May option,
and Initial quotations of the delivery were un
changed to lc higher, at 51.021.04. July
opened o higher, at 9393?;c The advance
was due mainly to the strong cables, Liver
nnni riitnnB tuincr un a. Dennv. Paris -Tide and
Antwerp c a bushel. The gain at Antwerp
was taken to be especially significant as
caused by the threatened stoppage of ship
ments from Argentina and Russia. A report
stated that railroad employes in Argentina
were on the verge of a strike. The transporta
tion of troops and war munitions In Russia
la grea:ly restricting the movement of wheat
In Jht country. In addition to tho bullish
foreign situation, conditions in the United
States were such as to cause alarm as to the
sufficiency of the domestic supply.
The demand from shorts was met promptly
by selling orders for the account of the lead
ing long. Small holders also had wheat for
sale. After touching $1.04, "May quickly
dropped to $1.02. while July declined to D2VIC.
.For a short time the market held comparatively
steady around these figures. As soon as the
selling stopped, however, prices again moved
upward under urgent buying by ehorts. The
fact that the board would be closed Monday,
"Washington's birthday, appeared to be mate
rially effective In bringing out the heavy buy
ing orders, traders being loth to Temaln short
over the two days recess. Late In the ses
sion there was practically so May wheat on
the market, and ehorts "were bidding 4c
over the market price, in order to get It. The
high point was reached at $1.07, a gain of
4&c over last night's close.
The demand for July was almost as good as
was that for May, but there was more of the
deferred future for sale, and the advance was
not as sensational. The price for that deliv
ery rose to 00c, or 3&c above yesterday's close.
Realizing sales resulted In May declining to
$Il.05c, while July fell back to 04c. Another
illy followed the last few minutes of trading,
MXay closing at 51.05 and July at 05Hc
1he early com market was weak. There was
genVral selling after the opening, and appar
cntli not much com wanted. May opened un
changed to lie higher, at &8W4f50ttc, but de
cllnt-d gradually to C5c. Prices responded to
lmpt ovod buying. May advancing to 07?. Al
though profit-taking carried the price down
fron the high point, the close was strong at
B0TS57c. July showed a gain of 6c. clos-
lng t 55c, after ranging between 54c and
1lefe was an active general trade in oats.
-with the tvt Jpmand coming from shorts. May
sold ixprcen 4sy,c and 4(c, closing at 4D.sc.
July ws up ld at the close.
The provision market was active and strong
throughout the. entire day. Buying by pack
ers and outsiders, tocether with covering by
shorts, were the factors that resulted In gains
throughout the whole list. Small receipts of
hogs, with higher prices at the yards and the
strength In grains were Instrumental in bring.
lng out tho demand. May pork closed 37Jc
higher, lard was up 15c, and ribs were 30c
higher.
The leading futures ranged as follows:
WHEAT.
Open. High. Low. Close.
May $102 $107 $102 $105
July (new) ... 82 00 92ft l5U
July (oW) .... 03 00 03H, 05U
Sept. (old) ... 8! 0iy4 8SW JH?
CORN.
February 50
May 50 B7 55 60
July 64 65 54 55
OATS.
February .... 42 43 42 42'
May 45 40 X5 " 45
July 40 42 40 41
September 35 37 35 37
"MESS PORK.
May 15 70 10 00 15 00' 15 05
July 15 47 10 00 15 47 10 00
LARD.
May 7 02 8 05 7 02 8 05
July 810 8 20 8 07 817
SHORT RIBS.
May 7 53 7 72 7 50 7 72
July 7 65 7 82 7 55 7 82
Cash quotations were as follows:
Wheat No. 3 Spring, 00cG$1.02; Xo. 2 red,
?1.011.09.
Com No. 2. 03c; No. 2 yellow, 63c
Oats No. 2, 42943c; No. 2 white, 40c
No. 3 white, 43g40C
Rye No. 2. 73c
Barley Good feeding, 4143c; fair to choice
maltfng, 416Sc ' ' '
Flaxseed No. 1, $1.11; No. 1 Northwestern,
$1.18.
Timothy seed Prime, $3.25.
Mess pork Per barrel. $15.75ffl5.87,
Lard Per 100 pounds, $7.27ff7.S5.
Short ribs sWes Loose, $7.50J7.C2.
Short clear sides Boxed, $7.507.75.
Clover Contract grade. $11.15.
Receipts. Shipments.
Flour, barrels 23.700 33.500
Wheat, bushels 29.400 37.000
k,.i 24S.S00 157.300
OatsT bushels 132.000 170,200
i.4 4.S90 2.200
Barier. bushols 37.S00 , 15.000
T
Grain and Produce at Now York.
NEW TORK. ' Feb. 2a Flour Receipts,
12,000 barrels: exports, 0000 barrels. Market
firm. In sympathy with wheat. Minnesota
patents. $505.40; Winter patents. $545.23.
Wheat Receipts. 1030 bushels. Spot, strong
No. 2 red. $1.05 elevator and ?LO0l.l
o. b. afloat; No. 1 Northern. Duluth. $1.0S
f. o. b. afloat. Options opened steady and
later were Irregular. The close, however.
was strong at a 101c net advance. May
closed at $1.04. July 99c. September 02c
Hop Firm. Pacific Coast, 1003 crop,
35c; 1002 crop. 2427c; olds. 10615c
Hides Firm. Galveston, 20 to 25 pounds.
ISc: California, 21 to 25 pounds. 10c; Texas,
dry. 2t to 30 pounds, 14c.
Butter Firm. Freeh creamery". 1526c
state dairy. 14021c.
Eggb Firm. Western firsts. 34c
Wool Firm. Domestic fleeee, 2S52c
Grain at San Francisco.
SAN FRANCISCO. Feb. 20. There was
decided advance In the grain and fleur mar
kets here today. May wheat closed yester
day at $1.47 per cental. The opening sale
today in tfto gram room of the Merchants'
Exchange was at $1.50. There was a set
back to $1.40, a recovery to $1.50. and
then, following the reaction In Chicago de
clined to $1.45. The December option h.
sold up to $L40 per cental, against $L44 at
yesterday s wose. ana it also reacted a little.
Spot wheat was strong, influenced by the
speculative advances, and the prices were
advanced SHc per cental, maSctng "No.
Spring quotable at $1.42 and choice at $1.45.
Holders wouki not sen muoh at those prices.
es.p
I or siooks are sma.ii.
Barley and other cereals were strong.
lowing wheat. An a result of the advance
In wheat, the leading milling concerns of
this city and vicinity advanced the priee of
flour today 20 cents per barrel all around.
Spot quotations Wheat Shipping. $1.40
1.42: milling. $1.4580.37. Barley Feed.
$1 12lvl6: brewing. $117l.21U. Oats
Red. S1.SO0I.S3: white. $1.2Til40.
Call hoard ealc Wheat Strong; May,
$1.46; cash, $1.4051. Barley-Strong: May,
iLiia. corn Large yeiiow, A.oji.o.
"Wheat at IJverpooL
LIVERPOOL. Feb. 20. "Wheat March, Cs
VHa: May. C 8d; July. Ca Sfed.
Wheat at Tacoma.
TACOMA. Feb. 20. Wheat. unchanged;
bluestem, 82c; club. 78c
PORTLAND MARKETS.
Grain, Flour, Feed, Etc ,'f
The further rise in wheat at Chicago served
to keep up the strength of that grain here
yesterday, notwithstanding a decline In the
Liverpool market. Trading was of fair pro
portions. Barley and oats are very firm.
WHEAT Milling quotations: Walla Walla,
77-76e; bluestem, 82S3c; Valley, S2c
BARLEY Feed. $21622 per ton: brewing.
$22; rolled, $23.
FLOUR Valley. t3.75S3.S3 ner barrel: hard
wheat straights. clears. Xa.XSrtS.75:
hard wheat patents. Jt.2034.50: Dakota hard
wneai. .uva.ou; graham. $5.73; whole wheat,
$4; rye flour. $4.5064.75.
OATS No. 1 white. $1.15; gray. $1.10 per
cental.
MILLSTUFFS Bran. I1K.MV313 oer ton: mid
dlings. 2C: shorts. 19.50fi20: choo. U. S.
Mills. $18; linseed, dairy food." $18.
max Timothy. Jl&ffll per ton; clover, jus
18: grain. $12013: cheat. $1213.
CEREAL FOODS Rolled oats, cream. 00-
pound sacks. $6.23; lower grades. 15.2565.50:
bales, cream. $3.40; other grades. Jf3; oat
meal, steel-cut. 50-pound sacks. $7.50 per bar
rel; lo-potmd sacks. $4 per bale; oatmeal
(ground), 50-pound sacks. $7 per barrel; 10
pound sacks. J3.75 per bale: split peas.
$4.50 per 100-pound sack; 25-pound boxes.
$1.25: pearl barley. $4 per 100 pounds: 25-
pound boxes. $1.25 per box; pastry flour. 10-
pouna sacks. $2.50 per bale.
Butter, Eggs, Poultry, Etc
Opinions are conflicting as to conditions In
the butter market. On Front street it Is
quoted very weak, whereas some of the- local
creameries continue to maintain the old price.
California butter arrived yesterday, but not
In large quantities. It was. offered at 27
cents. There was 'a better market for poultry
and local stocks cleaned up. Eggs went 1
cent lower and will fall more.
BUTTER Sweet cream butter. "224c per
pound; fancy creamery, 30c; choice creamery,
25g27c: dairy and store, nominal. t
nui liSK fAT-sweet cream. 31c: sour
cream. 20c
POULTRY Chickens, mixed. 124413c oer
pound; springs, small. 1415c: hens. 13
13c; turkeys, live. 15616c per pound; dressed.
18ft2tc: ducks. ISfcrtt per dozen: creese, live. 8c
per pound.
CHEESE Full cream, twins. 14c: Youne
America. 15c
EGGS Oregon ranch, 24 25c per dozen.
Vegetables, Fruit, Etc
The arrivals of California produce by steam
er mo'ed off well, generally at stiff prices.
Onions and potatoes continue strong. Pri
vate advices from San Francisco ar that
the market on the latler advanced yester
day. VEGETABLES Turnips. SOe per sack: car
rots, 80c; beets, $1; parsnips, $1; cabbage,
163 2c: red cabbage. lettuce, hend. 25a
40c per dozen; hothouse, $2 per box; parsley,
per dozen. 25c: tomatoes. $1.50g?2.00 per crate;
cauliflower. 75c0$l per dozen; beans, 15c;
egg piant. per box; celery. per
dozen; pumpkins, lc per pound; artichokes.
$1.25 per dozen; cucumbers. $2.25 per
osen.
ONIONS Yellow Danvers. $262.25 per sack.
growers' prices.
HONEY 534X3.50 per case.
POTATOES Fancy. SlfffLlO per sack; com
mon, 70600c. growers' prices; sweets. Uc In
sacics: c cratea.
RAISINS Loose Muscate. 4 -crown. 7c:
3-layer Muscatel raisins, 7c; unbleaced.- seed
less 6ultans. 6c; London layers, 3-crown,
whole boxes of 20 pounds. $L85; 2-crown, $1.75.
JDuaiEbTic FKUlxs Apples. lancr Bald
wins and Spltzenbergs. $L50 per box; cook
ing, 75c$l: cranberries. S10SII per barrel.
DRIED FRUIT. Apples, evaporated. 4
Cc per pound; sundricJ. sacks or boxes, 4c;
apncois, i'jriuc; pcacnes, uviutc; pears,
OUffllc: prunes. Italian. 4VteTVic: French.
25c: figs, California blacks. Cc; do white.
4c; omyma. vc; I'ara aaies. i.&u; pi urns,
pitted. 0c
TROPICAL FRUrrS Lemons. S2.75fi3.7n oer
oox; fanges, navels, i.wo; manaannes.
smau ooxes. wc large poxes, voc: tanger
ines. $1.50 per box; grapefruit, $3.2583.50
per box; bananas, 50Cc per pound; pineap
ples. J.J..OU-1 per aozen.
Groceries, 2fut Etc
RICE Imperial Japan No. 1. Biic: No. 2.
4c: Carolina head. 6c: broken head. 4c
COFFEE Mocha. 2Gt2Sc: Java, fancy. 209
S2c; Java. good. 20924c; Java, ordinary, 1G?
iuc; uoBia .tica, xancy, i6-uc; uosia luca.
good, lt'tflbc; costa lues, ordinar'. 10012c
per pound: Columbia roast, cases, 100s. $12.50;
60s. $12.75; Arbuckle, $13.75: Lion. $13.73.
SALMON Columbia Kiver. l-pound tails.
SL05 per dozen: 2-pound talis. S2.40: fancy
l-pouna flats, tl.bo; -pouna flats, $1.10:
Alaska pink. 1-pound tails, 75c; red, 1-pound
tails, ii.w. socKeyes. i-pouna tails. JLW);
l-pouna nats. fl.w.
SUGAR Sack basis, per 100 pounds: Cube.
$5.70: powdered. $5.55: dry granulated. $5.45:
extra C. Si.95; golden C advances over
sack basis as follows: Barrels. 10c: half
barrels. 25c; boxes, 50a per 100 pounds.
(Terms: On remittances within 15 days, de
duct c per pound: If later than 15 days and
within 30 days, deduct c per pound; no dis
count after 30 days.) Beet sugar, granulated.
$5.25 per 100 pounds; maple sugar. IDS 10c per
pound.
nuts walnuts. .&c per pound ty sacic.
lc extra for less than sacks: Brazil nuts.
15c: Alberts. 15c: pecans, jumbos, 15c: extra
larce. 14c: almonds. L X. L.. 14c: ne plus
ultras. 15c: nonpareils, 13c; chestnuts. Ital
ian. 15c; Ohio. $4.50 per 25-pound drum; pea
nuts, raw. Cc per pound: roasted. 80c: pine-
nuts. lOSlHc; hickory nuts, .c; cocoanut.
SSSTOOc per dozen.
SALT Bales. $2; fine. 60s. 35c: 100s, 63c:
Liverpool. 60s. 60e: 100s. OSc; 224s. $LO0;
half-ground. 100s. $6.50; 60s, $7.
BEANS Small white. 3c; large white. 3c:
pink. 3c; bayou, 3c; Lima, 4c
Heats and Provisions.
BEEF Dressed. G7c per pound.
MUTTON Dressed. 0"7Vc: lambs. 8c
VBAL Dressed, small. 89e; large, 07c
PORK Dressed, 7eTc
HAMS Ten to 14 pounds. ICVic per pound
14 to 10 pounds. 13c per pound: 18 to 20
pounds. 12c; California (plcnlo), 8c; cottage
nams. uc: snouiacrs, 10c; bouea cams, sue
boiled picnic hams, boneless. 14c
BACON Fancy breakfast. 17c: standard
breakfast. 10c choice. 15c: English breakfast
uacuii. io jmuuue.
SAUSAGE Portland bam, 13o per pound
minced ham. 10c: Summer, choice dry. 17c
bolocna. long. Gc: welncrwurst. 8c: liver.
aw. pone iic: piooo. ac; ncaacneese. ovc
bologna sausage, llnic &ac.
DRY SALT MEATS Regular short clears,
lOffllc smoked: clear backs. 10c: salt,
11c smoked: Oregon exports. 20 to 23 pounds.
average. 11c dry; dry salt. 12c; smoked Union
butts, 10 to 18 pounds, average, be; cry salt.
9c smoked.
PICKLED GOODS Pickled pigs' feet, -bar
rels. $5.50: -barrels. $3; 15-pound kit. $1.35
pickled tripe, -barrels. $5; y -barrels. $2.75
15-pound kit. S1.25: pickled pics' tongues. H
barrels, $6: -barrels, $3: 15-pound kit. $1.25:
pickled lambs' tongues, -barrels, $8.25; U
barrels. $4.75: 15-pound kit. $2.25.
LARD Kettle rendered; Tierces. 10c; tubs.
10c: 60s. 10c: 20s. 10c: 10s. 10c: 5s. 11c;
Standard pure: Tierces. 0s: tubs. 0e; 60s.
0c: 20s. 9c: 10s. 0c: Ss, 10c Compound:
Tierces. 7c: tubs. 7e: 60s. 7c - '
OUs.
GASOLINE Stove gasoline, cases, 24c: Iron
barrels. ISc: 86 degrees gasoline, cases. 32c:
Iron barrels or drums. 28c
LEAD Pioneer. Collier and Atlantic white
and red lead In lots of 500 pounds or more.
0c: lees than 500 pounds, 7c
COAL OIL Pearl or astral OIL cases, 23c
per gallon: water white oil. Iron barrels, 16c:
wood barrels, none; eocene oil, cases. 25c:
eialne oil. cases. 2Sc; extra star, cases, 20c;
headlight oil. 175 degrees, cases, 25c; iron
barrels. lSc (Washington state test burn
ing oils, except headlight. c per gallon
higher.)
BENZINE Sixty-three degrees, cases. 22s:
Iron barrels. 15c
LINSEED OIL Pure raw. In barrets, 47c;
genuine kettle-boiled In barrels. 40c; pure
raw oil in cases, 52c; genuine kettle-boiled. In
eases. 54c; lots of 250 gallons, lc less per
gallon.
TURPENTINE In cases. SSc: wood barrels.
S4c: Iron barrels and drums, S2e: 10-case lots.
S7c
TIops, Wool, Hides, Etc
HOPS Choice. 26ff23c per pound: prime, 25c:
medium. 24c
WOOL Valley. 1701Sc: Eastern Oregon. 129
15c: mohair. S2f?35c
HIDES Dry hides No. 1. 16 pounds and up.
15S15U.C per pound: dry kip No. 1. 5 to 15
pounds. 12c: dry calf No. 1. under 5 pounds.
16c: dry salted, bulls and stags, one-third less
than dry flint: salted hides, steers, sound. CO
pounds and over. SJTSHc: 60 to 60 pounds. 7
8c: under 60 pounds and cows. 6C?7c; stags
and bulls, sound. 4$c: kip. sound. 15 to 20
pounds. 7c; under 10 pounds. c: green (un
saltedn lc per pound less; culls, ic per pound
).- horse hides, salted, each $1.5032; dry.
each. $101.50: colts' hides, each 25050c; goat
V!m common, each. 10215c: Angora, with
wool on. 25cS$l.
TALLOW Prime, per pound, 4J5c; No. 2
d grease. SHsrac
Metal Markets.
jfEW YORK. Feb. 29. No important busi
ness was consummated In - local markets, but
as & rule prices were steady at yesterday's
basis. Iron was dull, with the demand flat
and prices nominally unchanged. Tin is un
changed; spat at 2S.37?2S.S5c Copper, dull:
Lake. 12. 20 13c: electrolytic and casting.
12.3712.C2c Lead, firm: spot 4.5024. G0a
Spelter, firm, at 635.10c.
RESISTANCE IS STUBBORN
STOCKS HOLD UP DESPITE UN
FAVORABLE-FACTORS.
New York Market Duller and Nar
rower Than for Nearly Four Years
Past-Less Demand for Money.
NEW YORK. Feb. 20. The character .of
the stock market showed no change today
from that of the whole week. The effects
of the lay's pressing factors were very mod
erate, and were well resisted. But once the
depression, was overcome, all Interest In the
market abruptly terminated. There seemed
to be a waiting demand for stocks on any
declines, but no buyers were at hand .to
follow any advance. The principal pressure
upon the market came from foreign, sources.
This was well absorbed, and prices were
at no time down to the London parity. The
sentimental effect of the decided upset In
the Paris and Berlin bourses was very slight.
The severe declines on the Paris bourse are
attributed' to financial needs, caused by the
shrinkage In Russian securities, which are
a poor sale at the present time, eo neces
sities must be met by the sale of other se
curities.. The special weakness of state funds
In Paris might, however, be due to Inti
mate knowledge of diplomatic affairs not
available to other centers, which would ex
plain Its greater sympathetic effect on other
foreign markets.
The lavorabie bank statement was a help
to the resistance to depression here. The
$JTt544,4O0 Increase In cash was not unex
pected and Is attributed to a return of money
from the South, where the collapse In cot
ton speculation has decreased the Immediate
need. Some of the money sent to Baltimore
Is believed also to have come back. The
loan decrease Is evidence that corporation
borrowings have been largely supplied out of
the previous loan expansion. It Is probable
also that the proceeds of railroad loans axe
left on deposit with the tanks pending the
need for employing the 'unds. which are
available to the loan market In the mean
time. The market closed about steady, and
not far from last night's leveL
The week's market tor stocks Una been
duller and narrower than for nearly four
years past. The news of tho week has not
been favorable to advancing prices, but the
adverse developments have been almost equal
ly wunout effect In bringing sales upon the
market. The stubborn resistance of the mar
ket to all unfavorable factors has prompted
me proiessionai traders once or -twice to
attempt to advance prices, after testing their
acuity to depress them without success. The
occasional upward movement5 here and there
were without news to account for them and
were quite evidently due to the testing op
erations of traders who are at the end of
their resources to effect a sufficient move
ment of prices In either direction to afford
a basis for their dally operations. Tho pro
iessionai operations have mode up almost
entirely mo market, the action of which,
or its non-actlSn. is evidence of the stronsr
hands In which the stocks are at present
loagea ana of the small speculative position
open. Holders are apparently Indifferent to
the day-to-day developments, and seem to be
content to hold their property for more pro
pitious market conditions.
The same spirit is seen In the colic of
uie rauroaa companies to negotiate temoora
loans at a comparatively high rate of Inter
est rather than to attempt to issue new se
curities at a time when the demand Is list
less and almost stagnant. At the same time.
an occasional selling movement at one point
or anotner proves to be almost without ef
fect on prices, giving tho Impression. In view
of the narrowness of the market, that po
tential support lies behind It. The effect
this week has been to cause a most absolute
rigiaity.
The continued large borrowings by railroad
corporations has been viewed with mixed
sentiment. The continued stability of the
money market In face of these demands and
future requirements In view has left little
room for apprehension of any constriction of
credits on that accoint. The publication of
the controller's compilation of National Bank
returns on January 22 makes It evident that
tho loan expansion of the last few months
has been restricted to New York bankn, "tho
-ew iork increase for the period reachlne
$78,000,000. with the aggregate for the whole
country showing only $4,000,000 increase.
Wall street has dwelt much for a long time
past on the large proportion of railroad earn
logs which have been diverted to betterments
and permanent Improvements and which would
not have a permanent place In the operation
expenses where they have been figuring. The
present borrowings Indicate no immediate
prospect of reduction of expenditures ahead
of dividend claims, and in some cases they
are for the funding of expenditures already
classed as charges en earnings. Meantime
the declining tendency of gross earnings con
tinues, the decline showing an Increasing
rauo over since last Summer.
The falling off In the demand for money
In the country at large 13 not an altogether
reassuring development In Its bearing upon
me rate ot activity of business In general.
The Far Eastern War and the threat of
complications In the near East overhang tho
market, but are regarded as of Importance
in this market principally through the possl
bio effects on European money markers and
the reflex effect here. Another Influence Is
the possibility of an early decision In the
Northern Securities case.
Bonds have been dull and heavy in a very
narrow market. United States 2s and the oW
4s have advanced and the 3s coupon per
cent on call curing the week.
NEW YORK BANK STATEMENT.
Cash Item Increases to the Maximum of
the Year.
NEW YORK, Feb. 20. The Financier Says
The striking feature of the official state
ment of the New York Associated Banks
last week was the net Increase of $7,514,400
In cash to the maximum of the year. This
amount of Increase closely corresponds with
the gain of $7,017,800. which was estimated
upon the basis of the traceable movements
of Monday during the week including Thurs
day, February 11. This correspondence be
tween the bank statement and the estimated
gain Is the more remarkable because the
statements of the two previous weeks showed
wide discrepancies, that of February 6 in.
dlcatlng a loss of $2,500,000. while the stl
mates called for a gain of nearly that sum
and the return of February 13 .showing a
decrease of f 1.OC0.OO0, whereas the estimates
indicated a gain of more than $2,000,000.
Moreover, the statements of the previous two
weeks included one day which was omitted
in computing the estimates. The deposits
last week Increased Jl.GdS.100. and conse
quently the required reserve was augmented
by $417,025. Deducting this sum from the
net gain of $7,544,409 cash, as above, leaves
$7,127,375 as the Increase in surplus reserve
to $27,500,000. This. It may be noted. Is
the maximum of the year and within $474,175
of the highest surplus reserve in 1003. which
was recorded on January 31. Computed upon
the basis of deposits less those of $37,007,500
public funds, the surplus laat week was
$37,000,075.
The loans were reduced $5,131,100, reflect
lng the light demand from stock exchange
borrowers and commission houses resuftlng
from the Inactive speculation. The state
ment was probably made upon rising aver
ages for cash, this having been an apparent'
ly unrecorded saevement of money represent'
lng deposits of public funds which have been
sent hither from interior points In anticl
patien ot the Treasury call for their sur
render: the movement of money from the
South to this center was also large toward
the end of the week.
Comparisons of loans show that five of the
larger banks decreased this Item by $5,000,000
net; changes In cash Indicated that four
of the Institutions gained $3,700,000 net. It
Is noteworthy that the public deposits of
the banks were increased last week by $542,700.
The week's statement showed a good proof;
the sum of the gam In cash less the loss
In loans being only SC45.200 greater than
the Increase In deposits.
The statement of the Clearlng-House banks
of this city for the week shows:
Increase.
Loans $ 004.43S.S00
$ 5
5,131.100
DfK4ts l.S.e..G00
i.cas.iee
Circulation
40.351.600
1S5.SOJ
Legal tenders....
Specie
Reserve
Ret-erve required.
Surplus
U. S. deposits...
78.9OC.3O0
213.600,700
264.51S.000
2S7.Ofl6.400
27,600.000
37.005,973
414.NW
7.958.200
7,544.400
417.825
7,127.375
7.333.050
Decrease.
Money, Excnange, Etc
NEW YORK. Feb. 20. Money on call, nora
lnal: no loans; time money, easy; 00 ana
90 days. 383 per cent: six months, -tC-V
per cent; prime mercantile paper. 4?4tfH re
cent; sterling exchange. Arm. wiin acraai
business In bankers' bills at $4.S6l.fcJ
for demand and at $43H-S323 tor 60-day
bills; posted rates. $4.S3S4.S3 and $4.S6
4.86; commercial bills. $LS,iW-i-K:; dot
silver. 50c; Mexican dollars. x; aonuo, gov
ernments, strong: railroads. Irregular.
LONDON. Feb. 20. Bar sliver, firm: 27d
. v. - A
per ounce, aioaey, inw-i per wu-
rate of discount In the open market for short
bills is 3463 per cent. The rate of dis
count In the open market for three months
bills Is 3 5-1605 per cent.
SAN ' FRANCISCO. Feb. 20. Silver bars.
59c; Mexican dollars, nominal: drafts, sight.
12c: do telegraph, 15c: sterling on. Lonuoa,
60 days. $4.S3: do sight. $4.86?;.
CLOSING STOCK QUOTATIONS.
Sales. High. Low. Close.
0.000 6tf 65 65
Atchison
do preferred
Baltimore & Ohio...
do preferred........
Canadian Pacific ...
Central of. N. J....
Chesapeake & Ohio..
100 88 8S SS
4.000
73 75 !
87
2.400 115 114 114
100 154 151 154
600 30 30 20
200 30 30 36
: 82
Chicago & Alton....
do preferred
CM. Gt. Western....
COO 15
100 163
a 500 130
14
14
Chicago & N. ....
Chi., MIL & St. Paul
do preferred
Chi. Term. Trans.
163
130
162
139
172
8
do preferred 200 10 18
C. C. C. & St- L.
1S
Colorado Southern .. 300 15 14 15
do 1st. preferred.... 200 62 02
do 2d preferred. 22
Delaware & Hudson. 000 153 159 15S
Del.. Lack. & West. 250
Denver & Rio Grande 100 19 10 10
do preferred 200 07 67 67
Erie 4.800 24 23 23
do lt preferred.... 1,700 62 H 62
do 2d preferred 800 40 39 39
Hocking Valley 2
do preferred 81
nilnols Central 200 127 127 127
Iowa Central 17
do preferred....... ..... ..... 35
Kan. City Southern 1'
do preferred 32
Louisville & Nashv.. 1.400 102 102 102
Manhattan L. . 600 141
141
Metrop. Securities .. 100 SO
.Metropolitan St. Ry. .....
116
jainn. & at. louis...
M.. St. P. & S. S. M.
65
60 00
US 118
8S 8S
100 60
100 118
2,000 89
100 15
do preferred
Missouri Pacific ....
M.. K. & T.
do Preferred.......
15 16
Mex. National pfd 35
Hew iork central... mxj 114 11- w
Norfolk & Western.. 800 BO 053
66
S3
do preferred
Ontario & Western.. 800 20 20
Pennsylvania 1S.000 114 113
P.. C. C. Si St. L.
20
114
CO
ueaaing z,iw 41 -11
41
do 1st preferred.... 400 SO 79
do 2d preferred..... ......
65
Rock Island Co 1S.S00 21 20
20i
do preferred 1.400 GOli 69V1
69
St. L. & S. F. 2d pf. 42
St. Louis S. W.
13
do preferred 300 31;
31
44
19
80
22
31
Southern Pacific .... 11.000 45
Southern Railway .. 1,600 10
19
SO
22
23
do prercrred 400 to
Texas & Pacific 1.000 23
Toledo. St. L. & W.. 300 23
do preferred
33
Union Pacific 16,000 76
T6
S0
70
31
do preferred 300 S9
waoasn
do preferred 300 34 31
Wheeling & L. E
Wisconsin Central .. 000 18 1714
14
IS
do preferred 40
Express companies-
Adam : 220
American . 185
United States 103
Wells-Fargo 203
Miscellaneous
Amalgamated Copper 21.700 46 45 46
Am. Car & Foundry ..... 19
do preferred 67
Ame. Cotton OH 29
do preferred.
SS
American Ice
S
30
do preferred.......
100
100
30
0
30
0
Amer. Linseed Oil.-.
do preferred
Amer. Locomotive. . .
1.000 22
""iK) "Vt
do preferred
77
Amer. Smelt. & Ref.
47
123
CI
40
ioo
17
47
90
do preferred
Am. Sugar Refining. 3.100 123
123
Anaconda Mining Co. 800 C2
Brooklyn R. Transit, li.wo wi
401
Colorado Fuel & Iron
30
100
Consolidated Gas ... 2.400 191
Com Products
500 IS
17
69
do preferred
Distillers' Securities. .
23
General Electric ....
International Paper.
400 1C3
200 11
103
11
11
do preferred....... .
04
International Pump.. .
at
do preferred
71
11
82
National Lead ,
North American .... .
Pacific Mall
People's Gas
Pressed Steel Car...
26
400 93
07
210"
7
To
"35
97
do preferred
csu
Pullman Palace Car.
Republic Steel
100 210
100 7
209
Go prererrec
43
Rubber Goods
100 10
10
17
35
. 6
do preferred
Tenn. Coal & Iron...
400
000
100
100
500
35
7C
7
53
U. S. Leather
do preferred
3
47
10
6T
159
87
76
U. S. Realty
7
63
do preferred
U. S. Rubber
10
do preferred
S0O 47
1.500 10
6,700 50
200 150
100 87
47
U. a Steel
10
do preferred
IRS
158
87
01
Wostlnghousc Elec..
Western Union
Northern Securities..
Total sales for the day, 173,000 shares.
BONDS.
NEW YORK, Feb. 20. Closing quotations
U. S. ref. 2s rg.103
do coupon. ...105
C & N. W. C 7s. 103
O. & K. Q. 4S.. 85
N. Y Cent lsts. 07
U. S. 3s reg 100
do coupon.... 100
Nor. Pacific 3s.. 70
U. S. nw 4s reg. 132
Nor. Pacific 4s;. 102
do coupon. .. .132
So. Pacific 4s... 83
Union Pacific 4s. 102
U. S. old 4s reg. 107
do coupon. ,. .107
wis. central 43. 89
Atchison Adj. 4s SS
Stocks at London.
LONDON, Feb. 20. Consols for money.
86; consols for account. SO 11-10.
Anaconda ....
Atohlson
do preferred.
Bal. & Ohio...
Can. Pacific...
Ches. & Ohio..
C. G. Western,
a, M. & St. P
DeBeors
D. & R. G
do preferred.
Erie
do 1st pref..
do 2d pref...
. 3
. 07
. 01
. 77
.118
. 30
. 13
.142
Nor. & West.... 57
do preferred... SO
OnL & Western. 21
Pennsylvania.... 5SU
Rand Mines 8
Reading 21
do 1st pref.... 40
do 2d pref.... 2S
. 10
. 10 :
So. Railway 19
uo preferred... 82
So. Pacific 46
. co
. 01
. 64
Union Pacific 78
do preferred... 01
41
U. S. Steel 11
Illinois Central. 131
Louis. & Nash.. 105
do preferred... 37
Wabash 13
do preferred... 33
M., K. & Texas. 10
N. Y. Central.. 116
Bank Clearings.
Bank clearings of the leading cities of the
Northwest yesterday were as follows:
Clearings. Balances.
Portland $ 417.400 $ 107.503
Seattle Goa.222 110,170
Taooma 3C9.5.0v 31,405
Spokane 3C8.2C1 02,092
Clearings of Portland, Seattle and Tacoma
for the week were:
Portland. Seattle. Tacoma.
Monday. $ 550.525 $ 715.530 $ 3S0.727
Tuesday C54.501 377.134 342.0S9
Wednesday .... .31.W3 591,410 333.253
Thursday 302.S79 503.904 315.833
Friday 4..S 4S.osi 345.879
Saturday 417.400 C00, 222 3C9.570
Total ...
Clearings
year were
1003
$3,209,156 $3,521,350 $2,0SC.252
for the corresponding week last
as follows:
Portland. Seattle. Tacoma.
$3,256,771 $4.0S2.0S3 $2,041,012
Coffee and Sngar.
NEW YORK. Feb. 20. The market for cof
fee futures closed quiet at a decline of 15
20 points. Sales, 70,000 bags, including
March. 5.7065.75c; May. 6.7036c; July, 6.20
66,20c; December. 6.6036.70c Spot Rio,
steady: No. 7 Invoice. 7c; mild, steady;
Cordova. 6ei3c
Sugar Raw. firm: fair refining. 2 13-1C
2 7-32c; centrifugal, 06 test, 3 ll-3233c;
molasses sugar, 2 0-1CS2 10-32c; refined,
steady; No. 6, 4.05c; No. 7, 4c: No. 8, 3.95c;
No. 9. 3.90c; No. 10, 3.S5c; No. 11. aSOc;
No. 12. 3.75c; No. 13, 3.70c; No. 14. 3.65c;
confectioner's "A." 4.30c; mould "A," 4.S0c;
cut loaf and crushed. 5.15c; powdered. 4.55c;
granulated. 4.45c: cubes. 4.70c
Dairy Produce at Chicago.
CHICAGO. Feb. 20. On the Produce Ex
change today the butter market was -firm.
Creameries. 15g25c; dairies. 12g22c Eggs,
easier; 2S30c Cheese. Arm; 10llc
Chicago Floor Market
CHICAGO. Feb. 20. Flour was strong. Win
ter patents. $4.0095.10; straights. $4.0064.80;
Spring patents. $4.4084.80; straights. $4g4.30;
baker's. $2.703.70.
Wool at St. Louis. .
ST. LOUIS. Feb. 20. Wool, nominal; Ter
ritory and Western medium, lSglOc; -fine me
dium. 15'17c: fine. 15816c
Ddwning, Hopkins &Co.
Established 1393.
WHEAT AND STOCK BROKERS
Room 4. Ground Floor
SAN FRANCISCO MARKETS
FLOUR REACHES THE HIGHEST
PRICES IN YEARS.
Spot Wheat Advances 21-2 Cents-
Beans to Be Dealt In on the
Grain Exchange.
SAN FRANCISCO, Feb. 20. (Special.) Lo
cal mlllera advanced flour, owing to tho rise
In wheat. Family extras are now $4.80 to
$5.05 and baker's $4.75 to $3. being the high
est prices In years. Tho wheat, market was
again excited by Eastern advance. Spot
prices rose 2 cents.. Futures, after touch
ing much higher points, reacted, following
easier Chicago closing. Barley options were
higher, but spot lots were unchanged, though
firm. Light receipts and the rise in other
cereals made oats very firm. All mlllfeeds
and hay were strong. Beans were firm. Next
Friday the grain committee of the Mer
chants' Exchange will consider the adoption
of the proposed rules governing the bean
trade among members, permitting sales on
time contracts, with a system of Inspection
and grading. The object Is to "broaden tho
bean market and prevent the rejection of
shipments In the East.
A good Jobblns demand for cured fruits
Is now noticed, deal era reporting fresruary
business better than usuaL Apples and
peaches are firm at the recent advance. Prin
cipal holdings of told peaches are out ot first
hands. Apricots are closely sold out. .frunea
are having a light movement, but most hold
ers are unable to get more than 2 cents
basis. Raisins are quiet, with some out
side goods offering below association prices.
Fresh fruits were moderately active at pre
vious rates.
Potatoes and onions closed very Arm, with
higher prices expected. Famine prices were
paid for most kinds of garden truck.
Dairy products are otlll weak. Receipts,
43.000 pounds butter, COOO pounds cneese,
31,000 dozen eggs.
VEGETABLES Garlic 686c; green peas.
010c; string beans, 17625c: asparagus, 40
j50c: tomatoes, $101.50; egg plant. 2030c
POULTRY Turkey gobblers. 15ltc; roost-
cro, old, $5&5.50: do young, $G.307.60; broil
ers, small. $464.50: do large, $4.500; fryers.
$3.506; hens. $57: ducks, old. $G4J.50; do
young. $6.5057.50.
TwtTTF.n "ncv creamery, -oc;
seconds. 22c: fancy dairy. JK.
EGGS Store, 20g22c; fancy- rancn. jc
WOOL Lambs, 910c
HOPS 27630c
MILLSTUFFS Bran. $2021; middlings, $26
623.
HAY-Wheat. $IC1S.50: wneat ana oais.
$1Q:1S: barley, nominal; alfalfa, sioi-i.
rirwTPr. 11.1014.50: straw, choice, 0075c
FRUIT Apples, choice, si; ao common, -uc;
bananas. $102.50; Mexican limes, $t5ti.&u: txJ
lfomla lemono. choice. $2.50; do common. oc;
oranges, navels. 50cS$2; pineapples, $1.50
2.50.
POTATOES River Burbanks. 00c1.10: ba
Unas Burbanks. $1.4091.65: sweet3, $2.1032.25;
Orecon Burbanks. $1.1001.30.
CHEESE New. llc; Young American, 11
12c: Eastern, 1610c
RECEIPTS Flour. C9C3 quarter sacks;
wheat. 2200 centals; barley. 4578 centals: oats.
1200 centals: beans, 2183 sacks; com. 20 cen
tals: potatoes. 714 sacks; middlings. ,320
sacks; hay. 37S tons; wool. 23 bales; hides,
2C4.
LIVESTOCK MARKETS.
Trices at
Portland Union
Stockyards
Yesterday.
Receipts at the Portland Union Stockyards
yesterday were SCO cattle. 23S sheep, 36 hogs
and 32 goats. The touowing prices
quoted at the yards:
CATTLE Best steers. $4.50; medium. $4;
cows. $3.5093.75.
HOGS Best large, fat hogs, $5.50; medium
large hogs, $5.
SHEEP Best wethers, $3.75; mixed sheep".
$3.50.
EASTERN LIVESTOCK.
Prices Current at Chicago, Omaha and
Kansaa City.
CHICAGO, Feb. 20. Cattle Receipts, 200.
Market nominal. Good to prime steers, $1.00
65.05; poor to medium, $3.5004.80; stockers
and feeders. $2.5084.15; cows. $1.604; heif
ers. $24.75; canners. $1.0062.00; bulls, $2
4.00; calves. $2.5087.50.
Hogs Receipts today, 15,000; Monday. 45,-
000. Market 5c to 10c higher. Mixed and
butchers. $5.1585.50; good to choice heavy,
$5.4585.75; rough heavy, $5.1085.40; light.
$4.6086-20; bulk ot sales, $5.10f5.40.
Sheep Receipts; 12,000. Market steady:
lambs steady. Good to choice wethers, $1
4.50; fair to choice mixed. $3.5034.25; West
era sheep. $1.205.10; native lambs. $44.75
Western lambs, $486 "
SOUTH OMAHA. Feb. 2a Cattle Receipts,
100. Market nominally steady. Native steers,
$3.3085.10; cows and heifers, $2.703.S0; can
ners. $1.7582.50; stockers and feeders, $2
4; calves, $385.50; bulls, stags, etc, $2.25
3.60.
Hogs Receipts 6000. Market 510c higher.
Heavy, $5.2585.40; mixed. 53.2085,30: light.
$4.0085.25; pigs, $44.75; bulk ot sales, $5.25
80. 30.
Sheep Receipts 2000. Market was un
changed.
KANSAS CITY. Feb. 20. Cattle Receipts,
200. Market unchanged. Native steers. $48
5.25; stockers and feeders, $394.25; Western
steers, $3.4095.40; Western cows, $284.30.
Hogs Receipts. 8000. Market higher. Bulk
of eales. $5.1595.40; heavy. $5.3095.50; pack'
ers. $5.2086.40; pigs and lights, $585.20.
Sheep No receipts. Market nominal and
steady.
Dried Fruit at New York.
NEW YORK. Feb. 20. The market for
evaporated apples continues quiet. Common
are quoted at 45c; prime. 595c; choice,
586c; fancy, 68ic
Prunes are firmer, with available supplies.
generally speaking. In strong hands, accord
ing to Coast advices. Locally, the market
remains steady to firm, with quotations rang
ing from 3c to 6c. according to grades.
Apricots are in light supply, and firm.
Choice are quoted at 0810c; extra choice,
10810c; fancy, 1215c
Peaches ruled steady to firm, with choice
quoted at 787c; extra choice. 7Sc;
fancy, 9310c
Imports and Exports.
NEW YORK. Feb. 20. Imports of dry goods
and merchandise to New York during the
week were valued at $8,306,309.
Imports of specie to New York for the
week were $22,895 gold, and $1,017 silver.
Exports of specie from New York for the
past week were $743,536 In sliver, and $16,700
in gold.
Dally Treasury Statement.
WASHINGTON, Feb. 20. Today's statement
of the Treasury shows:
Available cash balances $224,71S,2S3
Gold 101,437.063
Oil Balances.
OIL CITY. Feb. 20. Credit balances,
certificates, no bid.
ISO:
New York Cotton Market.
NEW YORK. Feb. 20. The cotton market
closed quiet and practically featureless, with
prices fluctuating within narrow limits. Feb
ruary, 13.7Sc; March. 13-SGc: April. 14.12c:
May. 14Mc; June. 14.26c: July, 14Sc: Au-
Chamber of Commerce
gust. 13.31c; September. 12.30c Spot closed
quiet: middling uplands 14.50c: do Gulf.
14.75c Sales. 203 bales.
Mining Stocks.
SAN FRANCISCO, Feb. 20. The official
closing quotations for mining stocks today-
were as follows:
Alta $ .03 Justice $ .CO
Andes .43 Mexican "1.73
Belcher 33 Occidental Con. .45
Best & Belcher 2.10 Ophlr 4.40
Bullion 11 Overman .34
Caledonia L03 Potosl 1G
Challengo Con .30 Savage' 54
Chollar 20 Seg. Belchen 07
Confidence .... L10 Sierra. Nevada. . .53
Con., CaL & Va 1.05 Sliver Hill C6
Con Imperial.. .02 Union Con S2
Crown Point .23 Utah Con .20
Gould & Currle .43 Yellow Jaoket.. .4S
Hale & Nor... .07
NEW YORK, Feb. 20. Closing quotations:
Adams Cou. ...$
.15
.23
.10
.03
.00
1.50
Little Chief $ .07
Ontario 4.50
Ophir . 4.00
Phoenix OS
Potosl 14
Savage 4S
Sierra Nevada.." .35
Small Hopes 20
Standard. ...... 2.50
Alice
irecce
Brunswick Con
Ccmatock Tun.
Con.. CaL & Vo,
Horn Silver....
1.20
L50
.02
Iron Silver .
Leadvlllc Con..
BOSTON. Feb. 20. Closing quotations:
Advsnture
.$ . 1.73
M. C & Coke.$ 2.37
Old Dominion. 10.00
Alloucz . .
3.&U
415.25
Amalgamated.
Osceola 55.25
American Zinc
9.00
7.00
Parrot
22.50
81100
Atlantic
Bingham
Qulncy
19.7
Shannon ....
S.
Cal. & llecla.
4.45
Tamarack . .
100.00
Centennial . . .
Dominion Coal
Franklin
17.00 Trinity
4:
20.:
59.00;
S. Mining.
S.2."
U. 8. Oil
Utah
Victoria
Wlaona
0.00
32.75
3.00
5.00
70.00
Grancy
3.23!
7.50
3 60
le Royale...
Mass. Mining.
Michigan ....
Mohawk
5.001 WoHerino ...
35.00'
THE COLUMBIA'S ERIDE.
Where the Columbia flows,
From his birth In the snows.
To welcome his Bride in the West,
As she comes from the South.
With a rose in her mouth
. There Nature in grandeur is dressed.
LIko a lover's fond dream.
Is that beautiful stream.
In the mom, when Its waters are gold;
When the stars shine above
Thy waves sing of love
' As over the pebbles they're rolled.
Like a. brave knight of old.
His strong arms Infold,
And clasp to his long waiting breast
His beautiful bride
The Willamette's tide.
The fairest of all in the West.
Then the fair and tho brave
Ripple on toward the grave
That "waits in the shimmering sea;
With a kiss and a'eong
They frolic along
As happy as happy can be.
DR. E. F. ELDRIDGE.
Grand Junction, Colo.
Company L to Be Inspected.
LA GRANDE, Or., Feb. 20. La. Grande's
Company L, National Guard, is making all
preparation for the inspection which will
take place here March 12. ilajor-General
Arthur MacArthur, U. S. A., commanding
General of the Division of. the Pacific, has
issued orders lor a thorough Inspection
of the Oregon National Guard, and Lieu
tenant Frank Taylor, of. the Nineteenth
Infantry, will be here for that purpose.
The members of Company L have been
considered the best-drilled and best
equipped company outside of the Portland
Infantry In the state, and the boys are
working hard to keep this reputation.
Amateur Actors at Bridal Veil.
BRIDAL VEIL, Feb. 20. One of tho
largest and, it Is safe to say, best-pleased
audiences ever seen in the Library Hall
witnessed the production of the five-act
comedy-drama, 'A Soldier of Fortune,"
Saturday evening, February 13.
CURES WEAK MEN FREE
Insures Love and a Happy Home for All.
How any man may quickly cure himself aft
er yeara of suffering from sexual weakness,
lost vitality, night losses, varicocele, etc, and
enlarge small weak organs to full size and
vigor. Kindly send your name and address
to Dr. Knapp Medical Co., 1722 Hull build
ing, Detroit. Mich., and they will Kladiv send
free receipt, with full directions, so that any
man may easily cure himself at home. This
Is certainly a most general offer, and the
following extracts taken from their daily
mall show what men think of their gener
osity: "Dear Sirs Please accept mr sincere
thanks for yours of recent date. I have
given your treatment a thorough test, and
the benefit has been extraordinary. It has
completely braced me up. I am Just as vig
orous as when a boy, and you cannot-reallzo
how happy 1 am.
"Dear Sira Your method worked beaut!
fully. Results were exactly what I needed.
Strength and vigor have completely returned
and enlargement Is entirely satisfactory.'
"Dear Sirs Yours was received and I had
no trouble in making use of the receipt aa
directed, and can truthfully say it Is a boon
to weak men. I am greatly Improved in size,
stregth and vigor."
All correspondence la strictly confidential.
mailed in plain, sealed envelope The re
ceipt Is free for the asking and they want
every man to have it.
Primary, iseondary or TerSary Blew" Poison
Permanently Cured. Yon can be treated at homo
under same guaranty. Capital $500,000. Wo solicit
tho most obstinate cases. We havo cured the worst
casos in 15 to 35 days. If yon have taken mercury,
iodide potash and still have aches and pains. Mucus
Patchos la .Mouth, boro. Throat, Pimples, Copper
Colored Spots, Ulcers on any part of ths body.Hair
cr Eyebrows falling out, write for proofs ot cures.
B 1530 jG3IC 12112. CHjtsc,nL lOO-jjjsIxkrrae.
CUTLERY
EVERyEAlEWiRANTED
HOSPITALITY AT
SMALL EXPENSE
Entertainment that is, pleasure to your
guests does not depend on the money you
spend, but on your own knowledge of how
to receive and extend hospitality. Christine
Terhune Hcrrisk tells you all about It. Post-
paid. 30 cents.
E J. CLODE. Publisher. 13G Fifth Ave.,
New York.
CHleurRTCR'S EKfiLISH
EHfsYRBYai FILLS
uneuni sua ux ireanioew
IAFE. AlsijiMlbte. Ladle. "kOruritt
tat CmU IIJS 1 i.1 . i liKJUltitX
1b RED 14 Gold mrtni? boxei. g Jed
1U blse ribMB. Tate 19 other. KcToss
Du n SubtltatlBS sad Inlte
Untm Boy of jocr Draczlft. or mi 4e. ta
Rum fcr Particular, Totlaoal-U
uxJ Relief farluH."fcMr.y w s-tuT-n
Msll. lfl.eoOTsittaaaoi J. S.H if
H Dznxitl. CVJacter ObmIc lOa-
XMtt tUs XadUwa fcaaa-w f -Kit-P-m
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THE PALATIAL
HI BUILDING
Not a dark office in the building;
absolutely flreoroof: electric llghti
and artesian water: perfect sanita
tion and thorough ventilation; ela
vators run day and night.
Rooms.
.VIXSLIE. DR. GEORGE. PhTslclan and
Surgeon .... . . 600-601
ASSOCIATED PRESS. S. B. Vincent. Mgr.. 813
AUSTEX. F. a. Manager for Oregon and
Washington Bankers Life Association ot
Des Moines. Ia 502-503
BAAR. DR. GUSTAV. Physician and Sur
geon 806-807
BANKERS LIFE ASSOCIATIOrj0F DE3
-.MOINES. IA.. F. a Austen." Sfer 602-503
BATES. PHILIP S.. Pub. Pacific Miner... 213
BENJAMIN. R. W.. Dentist.. .314
BINSWANQER. OTTO a. Physician and
Surgeon 407-403
BOGART. DR. M. D.. Dentist-, ....703
BROCK. WILBUR F.. Circulator. Orego-
nlan 501
BRUERE. DR. G. E.. Pays.... 411-412-413-414
BUTLER, DR. R. E., Physician and Sur
geon 5H
CAMPBELL. WM. M.. Medical Referee
i-qultablo Life 700
CANNING. M. J ..003-003
CARDWELL. DR. J. R.. Dentist. 60(1
CAUKIN. O. E.. District Agent Travelers'
insurance Company ............... 713
CHURCHILL. MRS. E. J... 716-71T
COGHLAN. DR. J. N 71S-7W
COLLIER. P. F.. Publisher: S. P. McGulre.
Manager . 413
COLUMBIA GRANITE CO 417-4U
CONNELL. DR. E. DE WITT. Eye. Ear.
ixose ana Throat . 613-flU
CORNELIUS, a W.. Phys. and Surgeon... 213
DICKSON. DR. J. F.. Physician 713-714
EDITORIAL ROOMS Eighth Floor
EVENING TELEGRAM.., 325 Alder Strtes
EQUI. DR. MARIE D.f Physician and Sur
geon ; C12-51J
Eu CITABLE LIFE ASSURANCE SO
CIETY. L. Samuel. Mgr.; G. S. Smith.
Cashier .......... ............ . .. .304
FEN TON, J. D.. Phys. and SurgeroV.V.COSMia
FENTON. DR. HICKS C.. Eyo and Ear 511
FENTON. MATTHEW F.. Dentist .009
GALVANL V. H.. Engineer and Draughts-
h"" eoo
GEARY. DR. E. P.. Physician and Sur-
seon 404-405-403
Gl.fc.ar. DR. A. X. Phys. and Surgeon. .70&-71U
GOLDMAN, "WILLIAM. Manager Manhat
tan Llfs Ins. Co. of New York.. 209-210
GORAY. DR. J. P., Eye, Ear. Nose and
Tteca.t 204-203
GRANT. FRANK S.. Attorney-at-Law 817
GRISWOLD & PHEGLEY. Tailors........
- 131 Sixth Street
HAMMAN BATHS: Turkish and Russian..
- .... 300-301-303
HARDEN. MRS. L. K.. Stenographer.... 201
HAWKE. DR. a E.. Phys. and Surg. ,608-ua
HOLLlSTER. DR. O. C.. Physician and
Surgeon . .... ... .504-302
HOSMER. DR. CHARLES SAMUEL.
Physician and Surgeon ....701-703
IDLEMAN. C. it., Attomey-at-Law....015-flia
JEFFREYS. DR. ANICB F.. Phys. and
Surgeon. "Women and Children only.. 409
JOHNSON. "W. C- -.-315-31MIT.
KADY. MARK T.. Supervisor of Agents
Mutual Reserve Life Insurance Co gos
KOEN. HOMER R.. Manager the Grumiaui
News & Subscription Company... ....318
LANE. E. L.. Dentist . 5 13-3 14,
LAWBAUGH. DR. E. A ...804-800
LAWRENCE PUBLISHING CO 417-418
LITTLEFIELD & CORNELIUS ...31
LITTLEFIELD. H. R.. Phys. and Surg..."2ia
MACKAY, DR. A. E.. Phys. and Surg 711-7U
MANHATTAN LIFE INSURANCE CO.
OF NEW YORK. W. Goldman. Mgr 200-210
MARSH. DR. R. J.. Phys. and Surg ..309-310
McCOY. NEWTON. Attorney-at-Law T15
McELROY. DR. J. G.. Phys. & Sur. 701-702-703
McGINN. HENRY E.. Attorney-at-Law.ail-aia
McGUIRE. S. P.. Manager P. F. Collier.
Publisher . . ..... 413
McKENZIE. DR. P. L.. Phys. and Burg... 208
METT. HENRY . 213
MOSSMAN, DR. E. P.. Dentist .403
MUTUAL RESERVE LIFE INS. CO.,
Mark T. Kady. Supervisor of Agents 604-003
NICHOLAS. HORACE B.. Attorney-at-Law.7ia
NIX.ES. M. M.. Cashier Manhattan Llfa
Insurance Company of New York.....,...20
NOTTAGE. DR. G. H Dentist.. ..608-609
NOTTINGHAM. T. W Mgr. Tho Warren
Construction Co....... ........ 215-217
O'CONNOR. DR. H. P.. Dentist 306-3111
OREGON INFIRMARY OF OSTEOPATHY
. 409-419
OREGONIAN BARBER SHOP. MAKSCH
& GEORGE. Props 129 Sixth Strees
OREGONIAN EDUCATIONAL BUREAU,
J. F. Strauhal. Manager..- ....200
PACIFIC MINER. Philip S. Hates. Pub.. ..215
PAGUE. B. S.. Attorney-at-Law 513
PALMER BROS.. Real Estate and Busi
ness Chances . . 417-413
PARKER. DR. MARY, Eye, Ear, Nose and
Throat ....512-513
PORTLAND EYE AND EAR INFIRMARY
...Ground Floor. 123 Sixth Street
REED, C. J., Life Insurance ....403
REED. WALTER. Optician. ...133 Sixth Street
ROSENDALE. O. M.. Metallurgist and
Mining Engineer ..... ......313
ROTH. DR. JOHN B.. Phys. and Surg.313-3U
RYAN. J. B.. Attorney-at-Law .. ...315
RYAN. CHASM;.. Advertising Broker ..21T
SAMUEL. L.. Manaser Equitable Life 303
SCOTT. C. N with Palmer Bros 417-414
SHERWOOD. J. W.. State- Commander K.
O. T. M -. .-317
SMITH. DR. ALAN WELCH. Physician
and Surgeon ... ... ....207-2CS
SMITH. DR. L. B.. Osteopath .409-410
SMITH. GEORGE S.. Cashier Equltablo
Life - . 509
STOLTE. DR. CHARLES E.. Dentist 704-703
SURGEON OF THE S. P. RY AND N. P.
TERMINAL CO -. ...... 700
SUPERINTENDENT'S OFFICE 201
THE GRCMIAUX NEWS & SUBSCRIP
TION CO.. Homer R. Koen. Manager.... 313
TUCKER. DR. GEORGE F.. DenUst... 610-611
UMPQUA LUMBER CO.. W. J. Pendergasfc
Manager ...... .... ..... COX
V ESTER. A.. Special Agent Manhattan
Life .... 2C9
WARREN CONSTRUCTION CO.. T. W.
Nottingham. Manager .... 216-217
WASHINGTON LOAN & INVESTMENT
CO - 217
WENDLING. DR. ROBT. F.. Dentist 703
WILEY. DR. JAMES O. C. Phys. & Surg.703-9
WILSON. DR. EDWARD N. Eye. Ear.
Nose and Throat...... .... 304-303
WILSON. DR. GEO. F.. Phys. & Surg.. 706-707
WILSON. DR. HOLT C. Phys. & Surg.507-503
WOOD. DR. W. L.. Pbjslclan..411-4l2-4l3-4rj
Offices may be had by applying to
the superintendent of the building,
room 201t second floor