THE SUNDAY O KEGOAIAN, PORTLAND, FEBRUARY 24, 1907.
35
FLOOR TO ADVANCE
Local Prices Will Rise- First
of Week.
EXPORT QUOTATIONS UP
Strong Foreign Demand and Ex
treme Scarcity of Wheat Are the '
Reasons for the Change.
The Onion Situation.
' Local flour prices will be advanced 10 cents
per barrel the flrst of the week. Export prices
were put up fi cents a barrel yesterday to
13.30, and will probably to raided 6 cents
more in the coming week.
The advance Is occasioned by the extreme
scarcity of wheat and the strong foreign de
masd for flour. The shipping orders are com
ing principally from North China ports and
only a small proportion of them can be filled.
The prices offered are said to be attractive
and plenty of steamers are available to move
cargoes If asy could be made up, but the
difficulty is to get wheat from the interior.
The car shortage and the railroad washouts
have brought arrivals almost to a standstill.
It Is promised that the road will be open In
the coming week and more cars available, but
exporters and millers are. unable now even
to get cars on the other sldo of the break
and load them In anticipation of the opening
of the road.
With the inability to get wheat to grind, all
the Wilcox chain of mills have been com
pelled to close down and it is said that all
the mills on the Sound have also closed. Some
of the country mills are still in operation, but
they have no way to move their product and
it is piling tip In their warehouses.
The local wheat market Is decidedly strong
In view of the scarcity of spot stocks. Im
provement was reported yesterday in the for
eign and Eastern markets. Local quotations
yesterday were 70 cents on club and 72 cents
on blueatem, and dealers were willing to pay
on this basis In the country In view of the
railroad situation, but If any spot wheat were
offered H would have roadlly commanded a
premium over these figures.
FIFTEEN CARS OF ONIONS SOLD.
Buf Only Five Cars ot Association Stock
Slilppefl In Week.
At the weekly meeting of the Confederated
Oiilon Growers' Association yesterday It was
reported that 15 cars had been sold In the
past week, some of them for future delivery,
for the following destinations: Seven for Cali
fornia points. Blx for Tuget Sound points,
one for Spokane and one for Portland. Only
Ave cars were shipped during the week, as
follows: Two to San Francisco, one to
Stockton, one to Spokane and one to Seattle.
The uniform price received for association
onions - was "TK cents, as compared with 90
cents and $1 in the previous week. It was
also learned that during the week onions
grown by persons outside the association sold
at 75 cents. The quality was probably as
good as the association stock, but shippers
have been paying more for the latter for the
standard reputation tt has.
The easier tone of the markets In the orth
and South is due to the heavier arrivals In
the past week and the fear of an increased
movement in the near 'future. This condition
was expected by the members of the asso
ciation and they look upon It as only tem
porary. There has been more trouble In get
ting cars and but for this the slump might
have been greater.
The local market continues weak, as offer
ings are larger than can be absorbed. Poor
onions have begun to sprout, and many of
these are pressed for sale. Late grown onions
continue in good shape.
POTATO SHIPPERS HOLDING BACK.
Waiting for the San Francisco Market to
Improve.
Potato shippers are holding bark In' view of
the weakened condition of the San Francisco
market, and but little stock will go forward
from here until prices have improved. The
Costa Rica will take out few if any sacks,
and so far as ,ean be learned, no ntilshlp
inents are being sent out. .Advices received
from Pan Francisco yesterday said that mar
ket was being flooded with poor stock, which
was not moving. Choice potatoes could only
be sold at a reduction. Fancy potatoes ruled
firm, but very little of this grade was offer
ing. No buying In the local territory was re
ported yesterday. Receipts of common grades
were hea-y, but they were allowed to accu
mulate on the docks. Nothing over $1 is now
quoted by buyers on anything that will grade
under fancy.
EOGS 0 OFF ANOTHER CENT.
Chickens In fiond Deninnd, With Supply
Very Small.
The egg market went off another cent yes
terday. Sales were reported at 1!) and 20
cents. One year bko ores were selling on the
street at 1614 cents.
There was a good demand for chickens at
full prices. Arrivals were Hunt and consisted
largely of roosters, which. In the absence of
other kinds, found quite ready sale. Turkeys
and geese were In over-supply and hard to
move.
The butter market was fairly steady. Re
ceipts from the country show some Increase,
but stock does not accumulate. It was re
ported that some California butter was offer
ing on the street, but tt could not be sold
below the Oregon price. Some of the city
creameries are still short in their supply of
Bunk Clearings.
Bank clearances of the leading cities of
the Northwest yesterday were:
Cleftrinps. Balance.
Portland fl.110.07S I 5s
Seattle l,74ti.J.-.r. S.-.7.w:i
Tacom s:s-i.sss s:t 410
Spokane 1.040. CIS msissb
Clearings of rortland. Brattle and Ta
coma for the week wore:
Portland. Seattle. Tacoma.
Monday ...1.4U.f,97 1.7ri2.3R:; X SI 0.71 S
Tuesday .. 1.1 7-'.fi-7 l.r:i!U'4 71L'.r0J
Weiines. ... 1.H1S.495 .404.1I1 .1 7).7!l
Thurs. J.074.71W l.a4i).01'3 7M.0S5
Friday -.
Saturday ... 1.110.078 1.74G.2.H1 ' 834!8S8
Totals . .fr,S47,73 f 7,R4f,.VS $rt,S19,0N2
Clearings for the corresponding week In
former years were:
Portland. Seattle. Tacoma.
fl.S(r.l.(,2 S2.3rtl.7P2 7( S'.l
1 2.tiill.!i:t:t S.322.7S2 M1X.1R9
1f"3 3.2'irt.77l 4.0S2.im 2 041 012
too . 3.2oi.irtt K,.i2i.:tr,o 2 osk s.vj
"tIMIS 2.11X1,245 3.810!'S 2 S8 2113
llHJil 3,9tJ!),048 1,040.31:2 3.245,2
Holiday.
Declines In Provisions.
Instead of the customary advance, there will
be declines in the local provision market Mon
day morning. The new price list of the Union
Meat Company will quote the three sizes of
hams down cent and all grades of bacon
will also be reduced the same amount.
Vegetables. Arrlvs in Poor Condition.
Testerday's arrivals of green poduce in.
eluded one car of cabbage, one of cabbage
and cauliflower and one of small assorted
truck. Nona of .It was In flrst-clau condi
tion. The best offerings brought full prices,
but the poor stuff had to go for what tt would
bring. Business was fairly brisk in the fore
noon. The wholesale houses closed early to
enable the merchants to get ready for the
banquet last nlglit. Two cars of celery are
due Tuesday and will find the market for
this article In good shape.
PORTLAND QUOTATIONS.
Grain. Flour. Feed. Etc
WHEAT Club. 70c; bluestem, 72c; Val
ley. 70c; red, 68c.
OATS No. 1 white. $29; gray, S28.SO.
FLOUR Patents, $4.05; straights, 13 50;
clears. $3.50; Valley, $3.55.
BARLEY Feed, 22.60 per ton; brewing,
J23; rolled. $23 50824.50.
RTH-$1.4581.60 per cwt.
M1LLSTUKFS-firan. city, $17; country, $18
per ton: middlings. $25928: shorts, city. $20:
country, $21 per ton; U. S. Mills dairy chop.
sio.w per ton: .r-aoinc grain, sio.ou per ion.
CORN Whole. $24.50; cracked. $22.50 per
ton. -
CEREAL FOODS Rolled oats, cream, 90
pound sacks. $7: lower grades, $5.5008.50
oatmeal, steel cut, 45-pound sacks. $S per
barrel; 9-pound sacks, $4.25 per bale;
oatmeal tground), 45-pound sacks, $7.50 per
barrel; 9-pound sacks. $4 per bale; split
peas, per 100-pounds. $4.254.80; pearl barley,
$4ig4.50 per 100 pounds; pastry flour, 10-pound
sacks, $2.30 per bale.
HAT Valley timothy. No. L $14'rJil pet
ton; Easterm Oregon timothy, $17(S18; clo
rer, $9: cheat, $9; grain hay, $810; alfalfa,
$14.
Butter. Eggs, Poultry, Etc
BUTTER City creameries: Extra cream
ery, R5c per pound. Stats creameries:
Fancy creamery, 82 ft 35c; store butter, 18
20c. V
BUTTER FAT First grade ' cream, 83VjO
per pound; second grade cream. 2c less per
pound.
EGGS Oregon ranch, lOS'IOo per dozen.
CHEESE Oregon full cream twins, 14
G15c: Young America, 15&16c per pound.
POULTRY Average old hens. 13 14c;
mixed chickens, 12 13c; Spring, 13 Q
14MiC; old roosters, 910c;- dressed chickens,
14 15c; turkeys, live, 1617iic; turkeys,
dressed, choice, 18ig20c: geese, live, per
pound, 010c; ducks, 1618c; pigeons, $1
1.50; squabs, $2g3.
Vegetables. Fruits. Etc
DOJIESTIC FRUITS Apples, common,
75c $1.25 per box; choice, $1.B02.50; cran
berries, $10 per barrel.
TROPICAL FRUITS Lemons, fancy,
$3.254 box: oranges, navels. $1.7502.25:
grapefruit, $33.50; bananas. 4Q6o per
ROOT VEGETABLES Turnips, $11.25
per sack; carrots, $11.2S per" sack; beets,
$1.25 0 1.30 per sack; garlic. 7tt10c per
pound, horseradish. 1Hc per pound; sweet
potatoes. 3"fec per pound; chicory, 30c.
FRESH VEGETABLES Cabbage. Cali
fornia, 2c per pound; cauliflower, $2.25 per
dozen, celery, (3.754 crate; lettuce, head,
45c per dozen ;onlons, lOSlSc per dozen;
tomatoes, $2.25 crate; parsley, 2530c; arti
chokes, $1.50 per dozen; hothouse lettuce, $1.75
per box; sprouts. 9c; peas. 15c; radishes,
25-ff.TOc; Bell peppers, 3035c per pound;
rhubarb, $1.75 per box; cucumbers. $22.50
per dozen; asparagus. 20c per pound.
ONIONS Oregon. $11.25 per hundred.
DRIED FRUITS Apples. j28Ho pound;
apricots, 16(19c: peaches. :i13c; pears.
HM:014c: Italian prunes. 28c: Califor
nia figs, white. In sacks. 53Hc per pound:
black. 4H35c: oricks. 75cS2.2o per box:
Symrna, 18fe20c pound; dates, Persian, 8j
7c pound.
POTATOES Buying prices: Oregon Bur
banks, fancy, $1.3o1.50; common, 0c$l.
RAISINS Layers and clusters. 2-ctowd,
$2.15; S-crown. $2.25: B-crown. $3.10: S
crown. $3.50; loose muscatels. Z-crown, so;
8-crown. 844c: 4-crown, 9c; seedless,
Thompsons. IOVjc: Sultanas. effll2Vic
Dressed Meats.
VEAL Dressed, 75ST125 pounds, 8V.9c
125 to 150 pounds, 7c; 150 to 200 pounds." 8c:
100 pounds and up, 6 Wig 6c.
BEEF Dressed bulls. 23V&o per
pound; cows, 4H5c; country steers, 5tt
MUTTON Dressed. fancy, 8&8o per
pound; ordinary, 67c.
PORK Dressed. 100 to 130 pounds, 8H9c;
150 to 200 pounds. T7Kc; 200 pound and
up, 6614c.
Bank Clearings.
NEW YORK, Feb. 23. The following
table, compiled by Bradstreet, shows the
bank clearings at the principal cities for
tho week ended February 21, -with the per
centage of Increase and decrease as com
pared with the corresDondinsr week last
TJ-ear:
P. Ct. P. ct.
inc. dec.
New York $1,9M. 740.000 1.8
Chicago 248,129.000 30.0 ....
Boston 1K3. 772.0OO 19.2
Philadelphia .... L31,08.-.no 1!).8 ....
St. I-ouis- j02.Soa.0OO 23.1 ....
Pittsburg 55.76fl.0OO 30.1
fan Francisco ... Bl.740.0OO 51.3 ....
Baltimore ....... 81.230,000 41.7
Cincinnati 26,701.000 22.9
Kansas city 31.OS3.O0O 44.0
New Orleans ..... 21.2S4.00O 18.8 ....
Minneapolis 2O.25S.00O 28.5
Cleveland 1-3.000 45.7 ....
Louisville 13.l38.0O0 18.0 ....
Detroit 13.308,000 28.7 ....
Los Angeles 13,739,(?no 33.5
Omaha 10.472.000 38. 6 ....
Milwaukee 10.998,000 34.8 ....
Providence 7, 781, OOO 8.4 ...
Buffalo S.dSl.OOO 43.0 ....
Indianapolis 8.13ft. 000 42.8 ....
St. Paul 8.321. OOO 42.0 ....
Denver . . 7.758,000 29.6 ....
Seattle .... 9.4S3.0OO 5.S
Memphis 5.077,000 12.4
Fort Worth 9.034.0O0 B0.2 ' ....
Richmond K.O57.0OO 4.5 ....
Columbus 5.087.0O0 5.4 ....
Washington ...... 5.7S3.0OO 30.7 ....
St. Joseph 5. 471. OOO 38.4 ....
Savannah .1.867.000 .... 8.5
Portland. Or." .... . 810,000 83.5 ....
Albany 7.3S0.0O0 70.0 ....
Salt I,ake City.... B,OR5,0K 34.3 ....
Toleflo, O. H.SO5.000 1H.2 ....
Rochester 3.549.0OO 1M.4 ....
Atlanta 5.559.000 42.1 ....
Tacoma 4.422.OO0 27.1 ....
Spokane. Wash. .. 4.902.0t 85.9 ....
Houston 8.782. OOO 76.9 ....
Galveston '18.212.000 66.0 ....
CANADA. .
890.104
. . s 27.2S2.906
2i.9O3.0K7
8.790.500
2,852.744
1,282.505
Edmonton ...
Montreal . . .
Toronto
Winnipeg ....
Ottawa
HalMnx
Vancouver, B.
Quebec '.
Hamilton . . . .
su. John, N. I
London. Out.
Vlotorla. B. C
Calcary
7.6
1.1
29.2
27.2
20.1
C.
3.3B0.903
1.S39.796
1.549. 047
1.903.2U3
1,115,730
860.547
1.420.025
70.4
2S.8
23.8
'.I'.'.
lalances pal
d In cash.
Money, Exchange, Etc.
NEW YORK. Feb. 23. Money on call, nom
inal. Time loans, nominal. Sixty and 90
days. ( per cent; six months, 55Vs per
cent.
Prime mercantile paper, fiijr6i per cent.
Sterling exchange, , nominal, with actual
business In bankers' bills at $4.84.504.R4.f3
for demand and at $4.8"3534.840 for 00-day
bills.
. Posted rates, $4.S0'4 and $4.884
Commercial bills, $4.804.8044.
LONDON, Feb. 23. Bar silver, steady,
81 - 15-16d per ounce.
Money, 4!fc3?3 per cent.
The rate of discount in the open market for
short bills Is 4 15-16fr5 per cent; for three
months' bills, SI 8-161331 per cent.
PAN FRANCISCO. Feb. 23. Holiday on
mining exchange. Silver bars, 69c.
Mexican dollars, 54c.
Drnfts Sight, 15c: telegraph. 20c.
Sterling on London. 00 days. $4.81; sight,
$4.S5',i.
Increase In Bank Clearings.
NEW YORK. Feb. 23. Bradstreets' bank
clearings in the United StatSs for the week
ending February 21, aggregated $3,124,092,701;
9.9 per cent o'er the same week last year. Ex
cluding New York the total Is $12,242,343,570,
28.7 per cent over last year.
Canadian bank clearings aggregated $72,509,
009, an Increase of 3.1 per cent over last year.
Dally Treasury Statement.
WASHINGTON. Feb. 23. Todays statement
of the Treasury balances .In the general fund
shows:
Available, cash, balance .. $250, 069,287
Gold coin and bullion 110,224!l59
Gold certificates 44',145,0OO
Dried Fruit at New York.
NEW YORK, Feb. 23. Evaporated apples
are offering freely and prices are easy. Fancy,
8c: choice. SV,J9c; prime, 77?ic.
Prunes are firm with California fruit rang
ing from 3ic to 13c for 100s to 20s. Oregon
prunes, 70s to 20s, 5310c.
Apricots are firm: choice. Wo; extra choice,
18Hffl9c: fancy. 1920c.
Peaches are quiet, but are said to be at
tracting an Increased inquiry. Choice, 11
1214c; extra choice. 1214130; fancy, 12
14c; extra' fancy, 1315c.
Raisins. Arm. Loose muscatels. 7MtiWe: seed
ed, 7V10-4c; London layers, $1.35g1.45.
Wool at St. Lonla.
ST. LOUIS, Feb. 23. Wool, steady. Ter
ritory and Western mediums, 42Sc; fine me
dium, 16322c; fine, 14517c
DEMAND FOR HOPS
Market Revives After Period
of Inactivity.
PRICES SHOW NO CHANGE
Dealera Again Hare Orders, but
Seem to Be in No Hurry to Fill
Them Xifltcst Sales Report
ed Foreign Situation.
While the hop market is not any stronger
at the close ot the week, as Indicated by the
prices offered and accepted, it presents, on
the whole, a better appearance with the
revival of activity In several sections. The
reappearance ot the two Horsts in the
market has been accompanied by the entry
of other buyers in the Held, and still more
are expected to be operating in the coming
week. There is no rush" to buy, however,
and some of the orders will be filled at the
dealers' leisure, unless prices give an in
dication ot taking en upward turn.
The purchases in the Woodburn section
by Lacnmund & Plncus, as reported In this
paper yesterday, were confirmed, and it was
also learned that the same firm bought the
Riley Cooper lot of 220 bales and the
Qrlgsby lot of about 800 bales at Indepen
dence. The price was said to be 9 cents
for the Cooper lot and B for the Grlgsby
hops.
Wolf & Son, of SUverton, were also heavy
buyers, securing the following lots, all at
10 cents: Elton lot, 125 bales; McCooley
lot, 85 bales; Cooper lot, 81 bales; J". C.
Barnes lot, 151 bales. The Barnes lot was
secured at Gervals, the others at SUverton.
A fair amount of contracting is being
dons and some new business of this char
acter was closed in the last few days by
Lachmund A Plncus at 12 cents.
The attitude of the growers toward the spot
market is still 6ne of more or less Indiffer
ence. Very few are willing to sell under 10
cents, but this figure or slightly more would.
It Is said, bring out enough hops to supply all
current needs.
Local dealers are estimating the unsold
stocks In Oregon growers', hands at the -present
time at from 20,000 to 20,000 bales.
Preparations for the coming crop, are under
way In many sections and this may be Influ
encing some of the growers to sell now. The
Gervals Star says of cultivating operations
in that district:
Farmers are busily engaged in working
their hopyards these pleasant days and report
the ground as in splendid condition to work.
It is a trifle early to work hopyards. owing
to the possibility of damage from an early
frost. The danger, however, does not always
retard the grower from taking chances, as
early cultivation of hops Is very beneficial
and if It does not get frosted It Is a great
advantage to the growing crop and is an ad
vanced step in the work.
Reports In the Kentish Observer of February
7 showed no new developments in the Eng
lish market. The following trade reports were
printed in that issue:
Wild, Neame & Co., London There is no
alteration in our market, which remains quiet,
and values are unchanged.
Manger & Henley, London There Is a little
more Inquiry and there is a feeling that the
depression of the last few weeks is passing
away. .
W. H. and H. Le May. London The market
is very quiet; holders are showing some
anxiety to realize, consequently prices are
easier for most descriptions.
Exchange and Hop Warehouses, Limited,
London There Is not much business passing
Just now. stocks being so confined. A few
small lots have changed hands during the
week; sales, especially where pressed, show
ing slightly easier prices. Quotations for the
best qualities remain unchanged, and holders
of these anticipate clearing out presently at
an advanced rate.
J. H. Meredith Co., Worcester Trade
keeps very quiet on this market, transactions
being restricted to small sales out of mer
chants' stocks at about late rates. No grow
ers' hops passed the public scales last week,
and the few lots remaining in first hands are
held for more money than consumers are
willing to pay.
Qt'OTATlONS AT SAN FRANCISCO.
Prices Paid for Produce Is the Bay City
Markets.
CAN FRANCISCO, Feb. 23. The follow
ing prices were quoted in the produce mar
ket yesterday: -
FRUIT Apples, choice, $2. common 50c;
bananas. $12.50; Mexican limes. $8jfl0; Cali
fornia lemons, choice, $3.50, common $1;
oranges, navel. $11.75; pineapples, $.14.
VBGBTABLKS Cucumbers. $L25ig1.50; gar
lic, 2',53c; green peas. S'glOc; string beans,
nominal; asparagus, 515c; tomatoes, 50c
$1.35.
EGGS Store, 19I&-20HC; fancy ranch, 21c.
POTATOES River white, $1.60ig1.85;
sweets, $2.50(?3; Oregon Burbanks, $1.75(g-2;
Eastern, $1.401.73; Garnet Chile, $1,259
1.40: new potatoes, 4c; Nevada, $2.35.
ONIONS Yellow, $lgl.30.
BUTTER Fancy creamery, S3Vjc; cream
erie seconds. 28c; fancy dairy. 31c; dairy sec
onds, nominal; pickled, 21&22c.
WOOL Fall, Humboldt and Mendocino, 14
15c; South Plains and Pan Joaquin, 7S'9c;
lambs. Sialic: Nevada. 17918c.
HOPS California, 1012Vc.
CHEBSB Young America, lSV,156c;
Eastern, 17jc; Western, 134c.
HAY Wheat, $19022; wheat and oats. $103
18 50; alfalfa, $8.5013; stock, $7.50tt9.50;
straw, 40g75c.
MILLSTUFFS Bran, $2021.50; mid
dlings, $2730.
FLOUR California, family extras, $4.809
6.10; . bakers' extras, $4.40(54.60; Oregon and
Washington. $3.604.
POULTRY Turkeys. gobblers. 15i317c;
turkeys, hens. 17ffl8c; roosters, old. $4.50fi5;
young, $7.5O8.50; broilers, small, $4.50
6.50; broilers, large, $5.50g6.60; fryers, $6.50
f7.60; heng. $5iQ; ducks, old. $&96; ducks,
young, $8ff8.
RECEIPTS Flour. 11.298 quarter sacks;
wheat. 1130 centals; barley, 4065 centals;
oats, 505 centals; beans, 1504 sacks; corn, 25
centals; potatoes. 3822 sacks; middlings, 825
sacks; hay, 030 tons; wool, 2 bales; hides, 500.
PORTLAND LIVESTOCK MARKET.
Prices Current Locally on Cattle, Sheep
and Hogs.
. The following prices were quoted in the
local livestock market yesterday:
CATTLE Best steers, $4.5004.75; me
dium, $44.25j' cows, $3.503.75; fair to
medium cows, $33.25; bulls, $1.502;
calves. $4.50ffl 5.
SHEEP Best, $6 6.25.
HOGS Best, $7 7.25; lightweights, $70
T.25; stockers and feeders, $6.75 7.25.
Eastern Livestock Market.
CHICAGO, Feb. . 23. Cattle Receipts,
300; steady. Beeves. $4.10 6.90: stockers
and feeders, $2.5094.75; cows and heifers,
$1.05 25; calves, $6(8 7.75.
Hogs Receipts today. 12,000; steady to
5c higher. Mixed and butchers', $8.80
7.15; good to choice heavy, $7.05 7.15;
rough heavy, $6.80 6.95; light. $8.80
7.07 H; pigs, $6.15e.S0.
Sheep Receipts, 1800; steady. Sheep,
$3.505.65; lambs. $4.75 7.65.
SOUTH OMAHA. Feb. 23. Cattle Re
ceipts, 100; market, unchanged.
Hogs Receipts, 7000; market, shade
stronger. Heavy, $6.824 43.90; mixed,
$6.806.85; light, $6.768 8.85; pigs, $5.75tf
6.50. .
Sheep Receipts. 3500; . market, steady.
Yearlings, $5.T506.2S; wfethere. $R.2iS5.0O;
ewes, $4.505.25; lambs, $6.607.25.
KANSAS CITY. MoT) Feb. 23. Cattle
Receipts, 500; market, steady. Native steers,
$4.256.50; native cows and heifers, $2.5p
6; stockers and feeders, $3.6065; Western
cows, $2.754.50; Western steers, $45.25;
calves. $3.50T.50.
.Hogs Receipts. 6 OOO ; market, steady.
Heavy, $6.TV4 7.024 ; packers. $6.90 7;
pigs and lights, $5. 50 6.95.
Sheep Receipts, none; market, nominally
unchanged. -
Metal Markets.
NEW YORK, Feb. 23. Holiday conditions
prevailed In the metal markets and quotations
were little better .than nominal. Tin was
quoted at 41.8041.95c.
Copper continued firm, with lake quoted at
25 25. 25c, electro lytlo 24.7625o and casting
24.2524.76c.
Lead was steady at 606.80a.
Spelter, 6.80(38.900.
Iron was steady at recent prices) .
Imports and Exports.
NEW YORK. Feb. 23. The imports of spe
cie at this port for the week ending today
amounted to $458,028 in gold and $32,015 in
sllverr" The exports were $13L600 gold and
$1,106,114 silver.
DID NOT CONTROL OCTOPUS
Gates Tells More of Rockefeller's
Standard Oil Holdings.
NEW YORK, Feb. 23. Frederick T.
Gates, the representative of John D.
Rockefeller, who made an official an
nouncement that Mr. Rockefeller's for
tune could not exceed $250,000,000 or
$300,000,000, and that his income did
not exceed $15,000,000 or $20,000,000,
added to -his statement yesterday In
an Interview, saying; that Mr. Rocke
feller does not control the Standard
OH Company now, nor rias he ever con
trolled it. -
"At no time," said Mr. Gates, "have
Mr. Rockefellers' holdings of Standard
Oil stock been" as much as 30 per cent
of the total. Mr. Rockefeller has never
been in control of the stock of the
Standard Oil Company," Mr. Gates said
In reply to a question on that point.
The stockholders control and always
have controlled the company."
"Have there not been times Mr.
Rockefeller held more than 20 per
cent of the stock?"
"His holdings have varied from time
to time," said Mr. Gates.
"Will you say what were Mr. Rocke
feller's largest holdings of Standard
Oil stock?" ,
"At no time," responded Mr, Gates,
"have they ever been as much as 30
per cent of the total."
EXCUSE FOR TIPPING EVIL
(Continued From Page 33.)
agers of American hotels who would coun
tenance such a high-handed proceeding
as this. It is nevertheless true we are
drifting in that direction. ' Any one who
lives in our big hotels for any length ot
time without tipping the servants will
certainly find himself more or less ne
glected. There is no telling how long
It will take for our employes to become
as arbitrary as they are In Russia. (
How They Do It In India.
When you take an apartment on a train,
in India, the attendant merely writes
your name on a card hanging by the
door. Until I learned to get there first
and take no chances by leaving my place,
I have had more than one late-comer,
bribe the conductor to substitute his card
for mine-. How would the -traveler in
America take it if his reservation were
treated in this way? Yet he is making
such a thing quite possible by giving
money indiscriminately to employes who
ought to get a living salary from the
railroads, and treat all comers with equal
respect, civility and fairness. t
Onco when T was sick - in Hongkong,
China, a number ot chair-bearers were
employed to carry me to a steamer wait
ing in the harbor. Just as the start was
about to be made a heavy shower came
up. The coolies hadbeen engaged to carry
me at their own price, butr knowing my
condition and my anxiety to reach the
steamer, they took advantage of the
situation to erxtort more money from me.
They planked me down in the rain -and
began to harangue with the porter from
the hotel, who had hired them. A3 the
whistle of the steamer blew the last
call in the harbor below, I was regaled
with the liveliest kind of a fist tight over
the question of violation of contract.
As soon as I could find out what the
row was about. I of course authorized
the payment of the extortion and we
went racing down the long hill at the
Imminent risk of having all our necks
broken. Such is the unreliability of labor
in this old, old country, where men have
been given starvation wages for centuries
and are so debased from their sheer ne
cessities that there is hardly anything
they won't do to you If they get a chance.
Held Up by Peruvian Tailor.
In Lima, Peru, a tailor came to the
hotel to solicit my patronage and I gave
him a suit of clothes to be pressed. "We
had an understanding about the price,
but, when the bill was presented, I noticed
that It was $2 more than it should be.
With upturned palms and an expressive
shrug of the shoulders, the wily scoun
drel explained that he had put a stripe
down ach leg of the trousers; that he
had many mouths to feed at home; that
I must be rich because I was an Amer
ican; that on account of my natural big
ness of heart I was bound to be gen
erous with him who had so little; and
finally, that the price was exceedingly
reasonable, as he had only charged me
"$1 a stripe." Because I Insisted on the
stripes being taken off, I went down in
the history of his establishment as a most
hard-heated and unfeeling man.
I have had similar experiences In Paris,
London, Vienna, Rome and Cairo. No
matter where one goes, the contact with
people who get Insufficient wages and
are forced to exist by the bounty of those
they serve is a constant source of in
convenience and irritation. They are
leeches, not men. When their employers
refuse to give them wages, there is noth
ing .for them to do but hold up the pub
lic. The measure in which they do this
and the manner of doing it depends large
ly upon the state of public opinion and
the pressure of their necessities. The
world owes them a living and they have
to get It the best way they can.
Slay Degrade American Workman. '
What a pity to think that the capable,
self-respecting, prosperous American, who
works for tils living in one form or an
other, may eventually fall to such a plane,
but there can be no doubt that those of
our workers who consent to take chance
tips for their pay instead of a regular
salary will ultimately lose both In com
pensation and self-respect. In the long
run neither the people who give tips nor
those who receive them benefit by the
practice, because employers step in and
reduce the pay of their employes; thus
making themselves - the actual benefici
aries of the public's generosity. If organ
ized labor in America wants to preserve
Its birthright of dignity and continue to
receive ample remuneration for its toil,
its members had better lose no tme in
aiding the enactment and enforcement of
laws which will put the degrading tip
in the same category with the bribe.
Tomorrow Remarkable growth of tha
Y. M. C. A. . - - .
DOWNING-HOPKINS CO.
X8TABU8HSD ISM
BROKERS
STOCKS. BONDS, GRAIN
Bought and sold for cash and oa mmrgia.
Private Wires ROOM 4. CHAMBER OF COMMERCE Phone Mala 37
Chicago to New
One of the Hundred-Mlle-an-Hour Klectrio F.nginr That Will Take a Train
From Cblcago to Kew Tork in 10 Hours.
STOCK NOW SELL
ING AT $40.00
If You Are Not, Send a Postal to
Southwestern Securities Company
300-301 Tilford Bldg. A. M. BABER, Mgr. Portland, Oregon
WHEAT IS CLIMBING
May Option Gains Nearly Cent
at Chicago.
MARKET STRONG ALL DAY
Offerings Are Insufficient to Meet
the Demand Primary Cans of'
- the Strength Is the Rise
at Liverpool.
CHICAGO, Feb. 23. The wheat market was
strong from opening to cloea today. Commission-houses
and shorts were eager buyers
throughout the day and offerings were in
sufficient to meet th demand. The result
was that the May option advanced almost a
cent and the July delivery was Ho higher. The
primary caue of the strength was an advance
of d to d at Liverpool. The closing was
strong with prices almost at the highest uolnt.
May opened 5jrc higher at Tl'c to .77
77-5c. old to l'c and advanced to
7Stc. cloeliig net higher at 78Vc.
The corn market was acUve and strong atl
day. The chief Influence for higher prices was
a sharp advance at Liverpool. The close was
strong. May iJflo higher at 47.
Oats ' shared In the general strength and
prices advanced to the high, point for the
crop. May closed '8c higher at 4iiS42Via
Provisions were quiet and steady, a 6c ad
vance In the price of live hogs being a sus
taining influence. At the close May porlc was
up 7fcc. lard and ribs were up 2 .each.
Leading futures ranged' as follows: .
Open. High. Low. Close.
. WHEAT.
May .77 f .784 .774 t .7Rim
July . .1H .74 .7RV .7
Sept. 78li .781, .77 .76$
CORX.
May .47H .47 .47 .4714
July .47 .47', .r, ,47Vs
Sept A7Vt .474 .47 Vs .47
OATS.
May 41 .42' .41 .42
July ,.17 .S7a .3714
Sept. :! .31V, .33 .33
MESS PORli.
May 1(5.70 1B.77H 18.W 1B.77
July 1S.80 16.90 lli.SO 16.87
LARD.
Mav O..TS B.SO 9.7.1 P BO
July 9 75 .82 9.75 9 82
Sept 9.87 .f2 B-87 9.92
SHORT RIBS.
May 9 27 9.37 9 27 9.30
July .-. 9.35 9.40 9.35 9.40
Cash Quotations were as follows:
Flour- Steady. Winter patents, $3.203.50;
straights, S3W3.75; Spring patents, ?3.6093.60;
straights, $3.10-?3.50: bakers'. $2.1032.15.
Wheat Nn 2 Spring, 80J84c; No. 8, T2i
83c; No. 2 red, 74574c.
Com No. 2. 44c; No. 2 yellow, 44ic.
Oats No. 2. 40Vic; No. 2 white. 42-'!4'B-43o;
No. 3 white. 41ff42c.
Rye No. 2. 65 c. '
Barley Fair to choice maltlns;, BCHt762c.
i'lax seed No. 1. $1.17; No, 1 Northwest
ern. $1.24.
Timothy seed Prime, $4.55.
Clover Contract grades, $13.7I.
Short ribs, sides Loose, $ft''i9.25.
Mecs pork Per barrel, $13 758U6.S0.
Lard Fer 100 pounds, $9.65.
Short clear sides Boxed, $9.259.. SO.
Whisky Basis of high wines, $1.29.
Receipts. Shipment.
Flour, barrels 55.50O fi3.ftM
Wheat, bushels ..... 48.'00 34,3"n
Com. bushels S9.400 e.12.700
Oats, bushels 433.500 47fi.H0
Rve. busliHfl ft.cxirt 7.2O0
Barley, bushels 108.600 S1.3O0
Grain and Produce at New York.
NEW YORK, Feb. 23. Flour Receipts,
24.900 barrels; exports, 15,300 barrels ; sales,
2.-00 packages. Market, dull, unchangfd.
Minnesota patents. $4.104.40; Winter
straights. $3.4004.45; Minnesota bakers.
$3.358S.75; Winter extras. $2.60Sf3; Winter
patents, $3.603.85; Winter low grades.
$2.7002.90.
Wheat Receipts.. 47,000 bushels; exports,
S5.345 bushels; sales, 1.D60.000 bushels fu
tures. Spot, firm; No. 2 red, 82 c elevator
and 83 c f. o. b. afloat; No. 1 Northern
Duluth, 92'Ao f. o. b. afloat; No. 2 hard
Winter, 86 o f. o. b. afloat. On bullish
foreign news and especially from the Con
tinent, wheat was strong and higher today,
closing at the top and c above Thurs
day. May closed 85 c; July, 84 c; Sep
tember. 83T4o.
Hops Quiet; state common to choice,
1008 crop, 18-g'23c; 1905 crop, elle; Pa
cific Coast, 1908 crop, 1215c; 1905 crop,
10 13c.
Hides Steady; Galveston, 203 25 pounds.
20c; California, 2025 pounds. 21c; Texas
dry, 24t?30 pounds. 19c.
s Wool Steady; domestic fleece, 35 39c.
Petroleum Steady; refined New York,
7.75c; Philadelphia and Baltimore, 7.70c;
do in bulk, 4.45c.
Grain at San Francisco.
6 AN FRANCISCO. Feb. 23. Wheat and
barley, quiet.
Spot quotations:
Wheat Shipping, $1.27 J1.82 ; milling.
$1.35 1.45.
BarleyV-Feed. $l.ll1.13fci brewing.
$1.151.17.
Oata Bed. $1.301.78; white, f 1.5891.65;
black. $1.15 2.25.
Call-board sales:
Wheat December, $1.88.
Barley May. $1.15; December, $1.04.
Corn Large yellow, $1.30 1.35.
European Grain Markets.
LIVERPOOL, Feb. 23. In the grain mar
ket today prices closed as follows:
Wheat Spot, steady; No. 3 red Western
York in 10 Hours
Are You a Stockholder?
Winter, 6a. Futures March, 6s 6d; May,
6s 5Md; July, fls 2d.
In the London market. Pacific Coast car
goes prompt shipment, 80s 8d30s 6d.
Market, steadier.
Weather In England today, cold.
PORTLAND STOCK EXCHANGE.
Good Demand fo Mining Shares on the
Iocal Board.
Trading on the Stock Kxehange yesterday
showed more scope than usual. Morning,
Mammoth. Fotlcle and Lee's Creek Gold
were all In good demand. The latter
brought 2 and the other mines sold at
steady prices. Ten 6 per cent bonds of the
American Biscuit Company were reported
sold at par at private sale.
Although the Board was only In session
four days, the week's sales made the good
total of 121.865 shares.
Official prices were as follows:
Bank Stocks Bid. Asked,
Bank of California 303
Bankers' St Lumbermen's 99 J05
Merchants' National 178 1R5
Oregon Trust St Savings 123 131
Portland Trust Company 120
United States National 200
LISTED SECURITIES.
Bonds
American Biscuit Co. 6s 98 100
City & Suburban 4s 92
Columbia Southern Irr'n 6s 60
Home Telephone 5s ... 07
J. C. Lee Company 6s...-. too
O. R. & N. Ky. 4s 90 100
O. W. P. & Ry. 6s 100 103
Pacific Coast Biscuit 6s 96 100
Portland Railway 5s...... loO
Miscellaneous Stocks
ASKOcUited Oil 43 44
Home Telephone 30 ...
.1. C. Lee Company ... 75
Pacific States Telephone 110
Pugret Sound Telephone...... ... 50
Mining Stocks k
British Yukon 24 25
Denny Dulin 09 10
Gatewood ................... 30 35
Lakovlew ... 25
Lee's Creek Gold 02 02
North Fairvlew ... o."i
Manhattan Crown Point 14 15
Pollcie Mining Company 12 12
Washougal KxtenEion 24 6
UNLISTED STOCKS.
Oregon City Mill & Lumber.. 4 B
Yaquina Bay Telephone 5 5
Alaska Petroleum 10 12
Blue Stone o.lii
British Columbia Amsl or, M 07
Cascadia 23 27
Goldfleld Trotter . 21 26
Great Northern 02 . 05
Mammoth OS'i 14
Morning 03 04
Standard Consolidated 09 12
Tacoma Steel 15 18
Coeur d'Alene District
Bullion 08 08
Copper King 14 15
Happy Day 04 05
Parle Copper 08 06
Snowshoe 58 63
Snowstorm ...2. SO 2.90
0.,K. Consolidated 03 05
SALES.
1.000 Mammoth (B. 60) .............. 15
1,000. Morning (B. 30) 5 54
1,000 Morning (B. 30) 61
10 American Biscuit Company 6
per cent bonds (private sale). ..100
1.000 Cascadia (private sale) 25
5.000 Lee's Creek Gold 02
5.000 Lee's Creek Gold 024
15.0O0 Lee's Creek Gold 02
3.000 Poticle 12
2,000 Poticle 12
Coffee and Sugar.
NEW YORK, Feb. 23. Coffee futures
closed firm at a net advance of 1315
points. Sales were reported, of 1Q3.250 bags.
Including February, 5.605.70c; March,
6.65 5.75c; May, 5.75 5.80c; July. B.8.Vd
5.90c; September, 6.956o; December, 6.05
6.10c; January, 6.15c
Spot Coffee, Arm; No. T Rio, 7c: Santos,
No. 4, 8c; mild, quiet; Cordova, 9c.
Sugar Holiday.
Dairy Produce in the Kast.
CHICAGO, Feb. 23. On the Produce Ex
change today the butter market was steady;.
creameries. 22&3-V2C; dairies. 20 to .inc.
Kggs Firm: at mark, cases included,
241.s&28c; firsts, 27c: prime nrsts, 8c.
Cheese Steady, 1416Vto.
NEW YORK. Feb. 23. Butter, firm.
EgKS. Arm: firsts. 2!c; seconds, 2828Hc
LOUIS J. WILDE
HOME TELEPHONE BONDS
BANK STOCK
Corner 6th and Washington Streets,
PORTLAND, OREGON
Member Portland Stock Kx chance
A BEAUTIFUL FACE
Fend stamp for Part Ic alar and Testi
monials of the remedy that clear the Com
plexion, Kemoves fSkln Imperfections, Makes
New Blood and Improves the HeaJth. If
you take
BEAUTYSKIN
beneficial results are guaranteed or money
refunded.
CHICHESTER C HEMIC AI CO.
Madison Place. Philadelphia. Pa.
ELY-NEVADA
The world's greatest copper camp, with
$1,000,000,000 ore In stRht. Send for map
and beautiful photograph of Ely, 8x13
Inches, free.
THE PITTS BCRO-ELY COPPER CO.,
711 Symes Block, Denver. Colo.
GOLDFIELD 2c
Blr advance February 28. The Hecla
Goldfleld M. & M. Combination Is the best
buy In Nevada; 40 acres well located; de
velopment commences soon; Bhares now 2c,
advances February 28. par value $lj .6
monthly payments; write for maps, etc
BANKERS' MIXING FINANCE CO..
462 Commonwealth B1dg., Denver, Colo.
Mining Investors
In the February Issue of "Tips" begins
a series of articles entitled "Plain Tnlks
about Mines." Every investor of Min
ing Stock should send at once for "Tips"
and get posted. Written so that any lay
man can understand. Send at once to
"TiDa," 703 Delta Bids., Los Angeles, CaL
TRAVELERS' GUIDE.
EASTYia
SOUTH
UNION DEPOT.
rfvsa
Dally.
11:30 P. M.
Portland and San
Francisco E x -press
stops only
at most Import
ant stations be
tween Portland
and Ban Fran
cisco lor all
points East and
South.
OVERLAND
EXPRESS
TRAINS tor all
local points
south, Sacramen
to, gan Francis
co and points
East and South.
Mornlne train
connects at
Woodburn dally
except Sunday
with ML Angel
and Bilvertoa lo
cal. Cottars Grove
passenger con
nects at Wood
burn and Albany
dally sxcept
6 u n d a y with
trains to and
from Albany.
Lebanon and
W o o dbura
Spring fls 1 d
branch points.
Corvallla passen
ger. bheridan passen
ger. Forest Grove
passenger.
Dally.
11:30 P. J
1:45 P. M.
T:25 A. at.
8:30 A.M.
5:80 P. K,
4:15 P. M.
11:00 A.M.
t:so A. m.. Corvallla passes- B'50 T. M.
-e.ju F. M. Sheridan passen- I M0:20 A. lb
J5:20 P. M. Forest Grovel 2:B0 P. M.
tj.i.,uu a. M. passenger. 18 00 A. M.
"D2J& tDally except Sunday.
POKTLAND-OSWEOO bUBlTRBAH
SERVICE AND YAMHILL
DIVISION.
Depot, Foot of Jefferson Street.
Leave Portland dally for Oewego at 7:4
K." 1 i2:ft0- -. :30. 6:20. 6:25. 7:45. 10:10.
i10.1- M- Dally except Sunday. 5:0,
6:30, 8:40, 10:25 A. M. Sunday only. 9 A. M.
Returning from Oswego, arrive Portland,
dslly. 8:35 A. M., 1:55. 3:05. 6:10. 6:15. 7:35.
9:55. 11:10 p. M.: 12:25 A. M. Dally except
Sunday, 6:25, 7:25. 8:85, 9:85, 11:45 A. U
Sunday only, 10 A. M.
Leave from name depot for Dallas and In
termediate points dally. 7:30 A. M. ana 4:111
P. M. Arrive Portland, 10:15 A. M. and :
P. M.
The Independence-Monmouth Motor Lln
operates dally to Monmouth and Alrlle. con
necting with S. P. Co.'s trains at Dallas and
Independence.
First-class fare from Portland to Sacra
mento and Ban Francisco, $20; berth. .
Pecond-class fare, ,15; second-class berth.
$2.50.
Tickets to Eastern points and Europe:
also Japsn. China. Honolulu and Auetralla
CIXY TICKET OFFICE, Corner Third and
Waoblngton St. Phone Main lit.
C. W. STINGER, VV'H. M'AU'RKAT.
City Ticket Agent. Gen. Pass. AgV
OREGON
j0u UNION PASSHC
S TRAINS TO THE EAST DAILY
Through Pnllrasn standards and tourist
sleeping cars dally to Oman. Chicago. Spo
kane; tourist sleeping car dally to Kansas
City. Reclining chair cars tseats free) xa
the Kast daily.
UNION DEPOT. Leaves. Arrives.
CHICAGO - POKTL'D ,
SPECIAL, for the 9:30 A. M. 7:80 P. 1C
East via Huntington. Dally. Dally.
SPOKANE FLYER. ".V"
For Bastrn Washington, Walla. Walls,
I wis ton. Coeur d'Alene and Great Northera
points.
ATLANTIC EXPRESS 8:15 P. M. 0:30 A. It,
lor tha Bait via 1 rn.il y. Dally.
Huntington. '
PORTLAND - BIGOS 8:16 A. M. 6:45 P. M,
LOCAL for all local
points between Blgga
and Portland.
RIVER SCHEDULE.
FOR ASTORIA and! 8:00 P.M. 5:00 P. M,
way points, connecting Dally Dally
with etearaer for II- except except
waco and North Sunday. Sunday.
Beach steamer Saturday
Hassalo. Ash. -at. dock. 10:00 P.M.
FOR DAYTONTore. 7:00 A. M, 5:30 P. ML,
yon City and Yamhill Dslly Dally
River points, Ash-st. except except
dock ( water per. Sunday. Sunday.
For Lewlston, Idaho, and way points
from Rlparla, Wash. Leave Rlparla 5:40 A.
M., or upon arrival train No. 4, dally except
Saturday. Arrive Rlparla 4 P. M. dally ex
cept Friday.
Ticket Office. Third and Washington.
Telephone Main 712. C. W. Stinger. City
Ticket Act.. Win. McMnrray. Gen. 1'aa. Agt,
Astoria and Columbia
River Railroad Co.
Leaver UNION DEPOT.
Arrives.
Daily.
8:00 A.M.
For Maygers, Rainier.
Clatskanle, Westport,
Clifton, Astoria, War
renton, F",avel, Ham
mond. Fort Stevens,
Oearhart Park. Sea
side. Astoria and Sea
' shore.
Express Dally.
Astoria Express.
Dally.
Dally.
11:55 A.M.
S:B0 P.tC
T:00 P.M.
C A. STEWART, J. C. MAYO,
Comm l Agt.. 24S Alder St. Q. F. A P. A,
Phone Main 80S.
SOUTHEASTERN ALASKA
ROUTE.
From Seattle at 9 P. M.
for Ketchiksn, Juneau
Ekagway, White Horse.
Dawson and Falrbanka
. &. Cottage City (via
Vancouver and Sitka), Feb.
1. 14. 28.
a 6. Itamona iSkagway direct), Feb. .
23.
NOME ROUTE).
6. S. Senator, June 1.
8 S President. Juno 3.
FOR SAN FKAJfCISCO DIRECT.
From Seattle at A. M. Umatilla, Feb.
14, March 1; City of Puebla, Feb. 4, 10;
Bookane. Feb. . 24.
Portland Office, 249 Washington St.
Main 29.
C. D. DUN ANN, U. P. A.. San Francisco.
SanFrancisco&PortlandS.S.Co.
Operating tho only direct passenger steamers.
From Alnsworth Dock. Portland, at a P. M. :
b. 8. "COSTA RICA," Fob. 24, Mar. 6, 18.
h. . "COLUMBIA," Mar. 1, 11, XI, etc.
From Spear-L wharf, San Francisco, at
11 A. M.
S. 6. "COLUMBIA," Feb. 25, March, 7, 17.
S. 8. "COSTA K1CA," Mar. 4, 11, 23.
JAMES H. DEWSON, Agent.
Phone Main itiS. 248 Wathlngton st.
Columbia River Scenery
REGULATOR LINE STEAMJERS.
Dally service between Portland and Th
Dalles, except Sunday, leaving Portland at
7 A- M.. arriving about 5 P. M.. carrying
freight and passengers. Splendid accommo
dations for outfits and livestock.
Dock toot of Alder st,. Portland; foot ot
Court st.. The Dalles. Phona Main 81.
Portland.
WILLAMETTE RIVER ROUTE
For Corvallla. Albany, Independence. 8a
lem Steamer "POMONA" leaves 6:45 A. M.
Tuesday. Thursday and Saturday.
For Salem and way landing Steamer
OREGONA" leaves 6:45 A. 11.. Monday
'Wednesdays and Fridays.
OKKiiOaf CITY TRANSPORTATION GO
Foot Taylor fitraau