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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Feb. 21, 1909)
TIIE SUNDAY OREGOyiAX, rORTLASD, FEBRUARY 31, 1909. NOTHING IH STORY Committee Investigates Onion Plot Charges. REPORTS TO ASSOCIATION Small Shipments Made in the Past -Week All Hop Markets Are Firm Xorthern Demand for Oregon "fcggs. The regular weekly meeting of the Con federated Onlongrowers" Association wu held yesterday afternoon and tha attend anca was, tha largest at any meeting thla Season. A oommlttee appointed at tha preceding rneetlng to Investigate tha charges made by J. H. Grande submitted lta report. Grande's charges were that a combination of buyer had been formed, one of whom waa Louis Jagger. the selling agent of the asaocla tlon. the object being to bear the market. The oommlttee Investigated the matter thoroughly and found that there waa noth ing in the, charge. Absolute confidence In !r. Jagger was expressed. A letter from George L. Burtt. now at San Francisco, who waa also accused by Grande of being in a plot, waa read, in which Mr. Burtt. who la one of the best-known dea.'ers on tha Coast, denied every statement made by Grande. Reports made by the members of tha as sociation showed that In the past week only two cars had been shipped, one from Tua latin and the other from Mtlwaukie. both selling at 3 cents. A few small sack lota were also disposed of. but In general tha disposition waa to hold back. BETTER IKMAXT FOB OLD HOPS. Market for All Growths Nerer Stronger Thus at rrraent. With the redaction In the supply of 10S hops, the trade is beginning to pay more attention to 1907s. and It la probable that stocks of both will be exhausted about the same time. H. L. Hart yesterday took In a lot of 20 bales of these olds at 2?i cents. M-. Hart also purchased several lots of IPOS hops at prices ranging from 7 to 8 "aIw, from these transactions no new tu'lnesa came to light In the market. The quietness being due to the absence of (.pliers The demand seema to be getting stronger every day and an uplift In price r both old. new and future hope Is looked for soon. The strength of the export market Is one of the features of the situation. The ad vance during the week In London, coupled v.:th Cormlchael's buying In Oregon, la uf-f..-icnt proof of this. In their weekly report. Just received. Cattley. Gridley Co.. of London, say that "more buslnass Is doing, both In English and Taclrfc Coast hopa. imd. although there Is little or no altera tion In values, the lower qualltlea are grad ually taking the place of better hops at the same price. Although a atrong Inquiry con tinues for strictly choice, very few now are obtainable, and these command more money than during the early part of the season." The New York Journal of Commerce flg nres that not to exceed 2400 bales remain unsold In that state. Of tha market It saya In the Issue of February 18: "Some buaineaa haa been done In the spot market. About SO balea of Bonomaa were picked up at po and 192 balea. mostly Oregons. realized Sa for prime hope. A lot of 6t balea, grading medium to prime, sold In the atata at 12c to grower for account of a Chlcage buyer. . MARKET TEMPORARILY BARE OF EOGS BWpplna; Orders Exhaust the Local Supply. Butter Very Firm. About aa many agga were shipped out of Portland as were reoelved yesterday. Orders (Tom the Sound were heavy and the tilling of them cleaned up the supply on Front street. The business waa mostly done at 20 cents and this may be taken aa the market value for the day. though there were some lo orders In. Local buying waa. of course, email, but the few retallera who wanted eggs after the shipments were off had to pay well for them. Pales of thla kind were made at 21c 22o and 22 uc What courae the market will take In the coming week la Hot clear, but It la more than likely the present firmness Is only temporary. Becelpta of poultry wera small and the demand waa sufficient to keep prices up to the former figures. The butter market Is very firm, and an advance of fully 2o would be apparently Justified by the conditions, but the city creamery men are averse to taking thla step with an Increase in the cream supply near at hand. Local and coast stocks of. cheese are small and the principal handlera find It necessary to out down their large orders. ALL GRAIN MARKETS ARE QUIET. VThent, Barley and Oats Firm at Last Trice. The grain markets were all quiet yester day. Oats and barley, aa well aa wheat, are very firm. Local prlcea were not changed. Bid and asked prices at the Board of Trade were as follows: WHKAT. Ttlfl. Asked. February H "2 J"S3V Larch . 103 1 05 OAT3. February March .. 1 7214 1.75 BARLEY. . 1 40 141'., i.7n 1774 February March 1.42 Receipts In cars were reported by the Merchants- Exchange aa follows: Tot 1 Tot'l Fb Fb. Fb. Fb. Fb. Fb. for Last 13-14. ir. It5- 17. IS. . Wk. Wk. Wheat.... 7" ' So 82 25 34 242 214 Barley 10 2 5 IT 2S Flour 13 S 10 8 7 11 El 44 Oats 4 S 1 .. 2 4 19 20 Hay 24 6 10 4 18 6 31 HEAVY BUYER OF ARIZONA WOOL. E. J. Bnrke Returns to Pendleton After Operating In Southwest. Edwin J. Burke, representing Judd & F. oot. of Hartford. Conn.. Is back In Pen dleton, after several months stay In Arl aona. Mr. Burke told the Pendleton Tribune that all of the wool was clipped In that territory In January. The clip approximat ed about 2,000.000 pounds, and Mr. Burke purchased the major portion of It, securing 80.000 fleeces In one lot. He also said: The Winter haa been exceptionally favor able In Southern Arizona, where all of the shearing Is done on the desert. The sheep are driven from the northern rangea to avoid the Winter In the high altitude, and feed haa been plentiful. The wool com manded on an average of 20c a pound for the entire clip and the woolmen are un usually prosperous. The past five Winter In the Salt River Valley have been con ducive to favorable condition for the hus banding of sheep, and all sheepmen are In conaequence prosperous. The sheep are lambing and Arizona boasts of the first lambs In the market. The belief prevails that the mutton crop will be the best in several season a The Arizona sheepmen see brilliant prospects for the future. Orange Supply Is Small. There were no carlot receipta of South ern produce yesterday and trade In general waa quiet. There are only about enough oranges on hand to last for two days, and as very few cars are In transit, a firmer market is expected In the coming week. Ap ples are arriving freely from country points, most of them small In size. Asparagus Is now coming In and aells at 16c Bank Clearings. nearinps of the Northwestern cities yes terday were aa follow: Clearings. Balances. Portland .410.110 $ S4.1M6 Feuttle 1.2D4.2S4 IR3.KHI Tacoma .l.-,.22i 3S 319 Spokane 1.027.227 102. 40S The clearlnits of Portland, Seattle and Tacoma for the past week and correspond ing week In former years were: Portland. Seattle. Tacoma. , moo itj,:;ort,440 .4:is.ss:i $4,452.40 Urns 4.tM.72 ti.UiV.1.312 3.2S3.424 1I7 S.M4T.725 7.74t.52S lmti :i.:ir.:i.04 7.04"..:22 R.24."i.2! l'in.5 S.t1.245 3.KI0.SHS 2.818.2US 1K04 3.20H.1-.6 H.S21.:i.-.0 2.0SU.252 lm:t 3.2.V1.771 4.082.9HS 2.041,012 19O2 2.:I.9t.1 2.322.752 1.11S.W9 1D01 1.64J9.62U 2.381,73 870.908 PORTLAND MARKETS. drain. Floor, feed, Ete. BARLEY Producers' prices: Feed, 1289 3. Jo per ton. WHEAT Track prices: Bluestem, 11.1; club. $1. 03S 1.04; red Russian. $1.00jfl.01: Valley. SI. 03. FLOUR Patents. $5.45 per barrel; straights, $4.46; exporta, H; Valley, J6.20; u-sack graham, $4.60; whole wheat, $4.85. OaTS producers' prices: No. 1 white, tjr. 35.50 per ton. MII.LSTUKFS Bran. $26028.50 per ton; middlings. 33; shorts. $2o30; chop, $20024; rolled barley. $21)0 30. H Y Timothy. Willamette Valley, $1315 per ton: Eastern Oregon. $16918; clover. $12 P13; alfalfa. $14615; grnir. hay. $13314; cheat. $13.50014.50; vetch. $13.50614.50. .Groceries. Dried Fruits, Etc. DRIED FRUITS Apples. 8o per lb.s peaches, 74 oc; prunes. Italians. 5Wc; Lrunea, French. 4 Be: currants, unwashed, cases. 84c; currants, washed, cases. 10c; figs, white fancy,' 60-lb. boxes, !4c; dates, 1W7C. coffee Mocha, 2428c; Java, ordinary. 17j20c; Costa Rica, fancy. 1820c; good, lC'alSc; ordinary. 12 eiiic per pound. RICE: Southern Japan, o: head, Site Tc. SALMON Columbia River, 1-pound tails. (2 per dozen: 2-pound tails. 12.93: 1-pound fats, $3.10; Alaska pink. 1-pound tails, 9.1c; red. 1-pound talis, 11.43; sockeyes, 1-pound ta'ls. $2- NUTS Walnuts. 12913c per pound by sack; Brazil nuts. 16c: filberts. 15c; pecans, 7c: almonds. 13(8 14c: chestnuts. Ita.Un. 11c; peanuts, raw. 66c: plnenuts. lOijfi 12c; hickory nuts, loc; cocoanuis. 80o per dozen. m SUGAR Granulated, $5.75; extra C, S5.-5; golden 5.)"; fruit and berry sugar. S-. : plain bag. r.55; beet granulated. oa.; cubes .(barreU, $8.15: powdtred (barrell). JS. Terms: On remittances within IS aavs. deduct 4c per pound; If later than 15 dais and within 30 days, deduct Ho per pound. Maple sugar. loffilSc per pound. SALT Granulated. 13 oer ton, 1190 oer bale: half ground, 100. J7.50 per ton; 50s, 18 per ton. BEANS Small white, 6Vo; large white, si,c; Lima. Be; pink, S4c; bayou. 4c; Mex ican red. 6?4C. Vegetables and trait. FRESH FRUITS Applea, Ticlg$2.75 box. POTATOES Buying price. S1.2 per hun dred; sweet potatoes. 2Vsc per pound. TROPICAL. FKtlTS Oranges, navels. 12 2.75 per box; lemons, 3f4; grape fruit, M. 25fc4. per box; bananas, b&ac per pound; pin-eapples, I2.75&3.25 per dozen; tangerines 11.76 per dox. O.NIONS Oregon. ,buylD price, S3 per hundred. SACK VEGETABLES Turnips. $1.15 per sack; carrots. 1; parsnips. SI. 60; beets, Jl.r.O; horseradish, 10c per pound. VEGETABLES Artichokes, 1?1.?5 doz. ; asparagus. 10o per pound; beans, 2.1c: cab bage. aViTHc per pound; cauliflower, J2 per ' crate; celery, $4. .10 per crate; cucumbers, $1.752.-5 dozen: lettuce, 11.50 fil.7a per box; parsley, SOc dozen; peas, 15c lb.; radishes. Sue per dozen; spinach, 2e per lb.; sprouts, 10c per lb.; squash, 2-c per lb.; tomatoes. $1.75 & 2.26. - DaLry and Country Frodaea. BUTTER City creamery, extras, 81c; fancy outside creamery, o234c per lb.; store, 18320c. (Butter fat prices average lif cenyl per pound under, regular butler prices.) t Etl'JS Oregon ranch, 20210 per dozen. POULTRY Hens. lf.tlKSc; broilers, 2!itc; fryers. ls-a-Oe; roosters, old. ll&12c; young. 14 il6c; ducks, 20(y22c; geese, 10c; turkeys, 18y20c. CHEESE! Fancy cream twins, H-ffUHo per lb.; full cream triplets, 16f16Mc; lull cream. Young America, 17t17J,ic. VEAL Extra. 9'(jlOc per pound; ordi nary. 7 8c: heavy, 6c PORK Fancy, uc per lb.; large SJSHc XroTlsIona. BACON Fancy. 21c per pound: standard, ISc; choice, 17c; fcnglian. 16j16c; atrlpa, 13c. DRY SALT CURED Regular short clears, dry salt. 12c; smoked. 13c; short clear tacks, heavy, dry salted. 12c; smoked. 13c; Oregon exports, dry salt. 13c; smoked, 14c HAMS 10 to 13 lbs-, like; 14 to 16 lbs.. 14c; IS to 20 lbs., 14c; nanis, skinned. 14c; picnlos, vo; oottage roll. 11c; shoul ders, 11c: boned hani, 19zu20Vac; boiled picnics, 17c. - LARD Kettle rendered: Tierces. 13 He; tubs. 12c; 6 us, 130; jOs, 13?ic; 10s. 144c; 6s. 144fcc; 3s, Una Stidard pure: Tierces. 12Vc; tubs. 12Vc; 60s, 12c; 20s, 121c; 10s. 131c; 6s, 13?ic; Ss, 13Vio. Com pound: Tlerues, So; tubs, S'ac; 60s, Iftc; 20s. SHc; 6s, :o. , SilulvED l:fc.KF Beef tongues. each. 70c; dried beel acts. 16o; dried beef out sides. 15c; dried beef insides. 13c; dried beef knuckles. 18c. PICKLED GOODS Barrels: Pigs' feet. 113; regular tripe. S10; honeycomb tripe. 12: pigs' tongues. $19.50. MESS MEATS Iof, specials. $11 per bairel: plate. $14 per barrel: family. $14 per barrel; pork. $21 per barrel; brisket, $25 per barrel; 8. P. beet tongues. $20; pig snouts. $12 30; pig ears, $12.50. Oils. COAL OIL Pearl and astral oil, cases. 1R 4c por gallon; water white. Iron barrels, 11c; eocene and extra atar, cases 21 H; head light oil. ca-es. 2oc; Iron barrels, lac; elalae, C.3, 2Sc. GASOLINE Union and Red Crown, bar rels. 16c; cases. 22ic; motor, barrels, loc; cases. 23VC; 8 degrees, barrels, 80c; cases, 37Vtc; engine distillate, barrels, $c: cases, 16c. LINSEED OIIj Raw, barrel lota, 6c; In cases, 71c; bolted, barrel lota. 67c; In cases, 73c. CIL MEAL Ton lot. $3". Eastern Mining Stocks. BOSTON, Feb. 20. Closing quotations: Adventure ..$ T.75 jVont C 4: C. . .15 AIloucx 41.2-1 Nevada 17. nO Amalgamated T2.50 Old Dominion 49.2-1 Ariz Com.... 33. S7 V Osceola 1.75 Atlantic li 2.1 Parrot 27. .10 Butte Coal 2;:. 23 'fjulncy t-9.00 Cal & Ariz. .. loo O0 Jhannon 14. OO Cal & Hecla.t;l5.O0 Tamarack ... p-2.00 Centennial . . :i2.,10 Trinity 13.00 Copper Range 72.50 l-nited Copper 13.00 Paiv West... 1O0O Mr. s. Mining.. 41.00 Franklin V.l.T.0 MT. S. Oil 81.00 GKene Can.. 10.2.1 Utah 40.00 Ifle Rovale.. 31.7.1 IVictorla 4.75 Mass Mining. 5.25 IWInonn 5.00 SlichlRan 1100 North Butte.. 72124 Mohawk 62.00 ! NEW YORK, Feb. 20. Closing quotations: Alice 200 'Little Chief 10 Brunswick Con. 10 .Mexican 02 Com Tun stock. 27 Ontario 400 tlo bonds IS Ophir 12,1 C C & Va 37 Standard 145 Horn Silver 5 'Y'ellow Jacket... 35 Leadvlile Con.. 4 I 1 Coffee and Sugar. NEW YORK. Feb. 20. The market for coffee futtires closed not unchanged to 15 points higher with the tone steady. Sales were reported of 43.S00 ba!r3. including March, 6.&0fcr.75c: May, . 666. 80c; June, 6.50c; July. 6.40r,f S.45c: September. 6.90(9 6.00c; October, 5.8r,c: December and January.- 5.90c. Spot coffee. Arm. No. 7 Rio, 8??8Sic: No. 4 Pantos. 8c Mild steady. Cordova. H It 13c. -Sugar Raw firm. Fair - refining. 3.110 S14c; centrifugal 96 test. 3.11 S3. 64c: mo lasses sugar. 2.S6'2 S9c. Refined steady. y . Wool at St. Loots. PT LOUIS. Feb. 20. Wool Firm; ter ritory and Western mediums, 18 'J 22c; One medium. 155 ISc: fine. 12fll4c Elgin IlilUer Market. ELGIN, 111.. Feb. 20. Sales for the week of butter. 436.700 pounds. Market firm at SOc. Flaxseed at Minneapolis. , MINNEAPOLIS. Feb. 20. Flax closed at STEEL SHARES DROP Price-Cutting by Trust Breaks Stock Market. SELLING ON A LARGE SCALE Railroad Issnes Kot Affected So Seriously Bonds Are Irregu larPossible Exports of Gold to lAndon. ' NEW YORK, Feb. 20 The steel trade position wa. the one subject of discussion In the stock market today. The chaotic con dition into which the steel trade had been throws by the announced determination of the United States Steel Corporation to mod ify prices in such way as Is necessary to secure business. Is fully equalled by the confusion of speculative opinion as to the results to be apprehended from this action. There was evidence In the current comment In the stock market of confirmation of the motives which prompted the action of the steel Interests. , .. The excited speculative element was in cllned to search for direct springs of action on the part of the vast capitalistic groups. Railroad9 stocks were relatively little affect ed by the demoralization In t he "eel 1" du"" trials and there was a groping effort to read only advantage for the railroads in the meeting of an open market for steel prod ucts Some of ?he minor "eel companies stocks were demoralized and slumped viol ently. The fall in United States Steel was more restrained. Influenced by the world wide participation in . the market for that BtThe flood of liquidation In United States Steel was constant, however, and Its last price of 46 was the lowest of the day. me break In Colorado Fuel reached over seven points. Republic Steel preferred six and the common more than four points. Pennsyl vania suffered a decline of 2 points. In ac cordance with the large proportion of Its traffic which Is made up of steel and steel products. Outside of this and Readings two-point decline, the loss In the railroad list waa moderate, and at times during the short session there were points of strength la that department. The bank statement ahowed that strength ening of the banking position had been effected during the week. There was a further wide advance of foreign exchange rates, sufficient to revive discuasion of pos sible gold,exports from here to London. Bonds were Irregular with heavy dealings In Southern Railway. Total aales, par value. $4.112 000. United States 2s registered de clined 'A and the coupon advanced 1 per cent on call during the week. CLOSING STOCK QUOTATIONS Closing Sales. 2.1)00 7,ooo 4O0 4.SO0 .H0 300 HIch. 7.1 48 J10i r.43 an- 22 'hi 112 83-?. Low. Bid Amal Corper Am Car & Foun. do preferred . . . Am fVirton mi.. 71?4 2 4 110 63 20 Vi "ni" 112 83 46 108 63 38 21 Vi 13 PI 112 84 i'2 J1V4 11V4 9 43i 101 :oi 116 K'7 P2 9 171 20 102 227 65 7 170 144 75 81 62 60 78 120 18 174 44 85 V4 86 . 28 44 S4 152 140 70 141 14 40 11 54 37 2t) 40 70 127 65 139 61 " 7,1 77 126 45 87 79 13S 31 Vi 128 111 OO'i 33 J 70 43 128 18 75 2--.V4 62 88 22 61 Vi 70 u, 117 120 24 V 63 30 33 "4 45 S 177 fl6 oi, 102 46 109 41 44 112 17 47 70 66 40 Am Hd 4c Lt pf. Am Ice. Securl... Am Linseed oil Am Locomotive... 2,00 do preferred . . . 100 Am Smelt A Ref. 9.800 do preferred . . . 3o0 103 124 Am Sugar Ref. Am Tobacco of 100 13u4 13p Am Woolen Anaconda Mln Co. l.noo 44 Atchison 4.CO0 102H 43li 101 102 116 107V4 "60 172 2514 102 "is'ij 7H 176V4 144 7fi 30 V4 62 81 78T4 1206i 18'4 174 Vi 44V4 'sr" 44 35 1ii2Mi l- 70 14H4 J4;i 41 'ssi, 37 I!lt4 404, 70 12CV4 65 140 !) 40V4 "77T4 12BV4 4,Mj 87 i 7!1 13S m 128 '4 1UV4 do nreferred ... lOO IV- All Coast Line... 800 $.600 'soo 410 " 9"0 100 ' 6,400 7O0 400 T.8O0 117 108i 7ii 172 30 102 i '66H 7 176 145 Va 81 "i 62 ' 81 7ST4 122 1SV4 174' 46 '4 Er.ai 20T, 45 35 154 142"i 70 'i 142 15"4 H4 37 Va SftH 40Vi 71 127 r.'i 1401, TO 41 V "tr'v, .127 4Bti 801, 79 H 138 31 i l:ilV4 112 V F.alt & Ohio...... do preferred . . . Rrook Ran Tran. Canadian Pacific. Central Leather.. do preferred . . . Central of N J.. rhM a Ohio Chicago fit West.. Chicago r w.. C. M & St Foul.. r i' f jc. fit 1 200 folo Fuel A Iron IB. 300 Colo ; Southern.. 1,000 do lft preferred. lo0 I11O 1.4' K) 600 2K 8.1O0 Consolidated Oas.. Corn l'roducta ... Del & Hudson... D & R Grande... do nref erred . . Distillers Securl.. L00 Erie 0.4OU do 1st preferred. 300 do 2d preferred. 100 F.l.otrlc. 1.0O0 ;t Northern rf 3.800 2.7"0 800 2.KK) 1.100 200 Ron 200 1.800 400 8.WI0 400 2-10 8,700 400 fit Northern tire.. Illinois Central ... Interborough Mot. do preferred ... Int Paper do nref erred ... Int Pump Iowa central K C Southern.... do preferred . . . Louis .& Nashville Minn & St L M, St P & S S M. Missouri Pacific. Mo. Kan & Texaa do preferred ... - TCatlonal I,ead 1.1O0 N Y Central 4.000 N Y. Ont & west. i.5 Norfolk A West.. 2.SOO xta-.v, ImwlMn.. 104) Northern Pacific. 8.700 Paclflo Mall -'") Pennsylvania 14.0O0 People's Gas 8,t00 r n c St L. . . Pressed titeel Car. 900 S3V4 84 Pullman Pal car Rv Steel Spring.. 4O0 T)arilnir 80.300 43 1304 . 21 SO 24 424 128 17 75 23 Vi 2 88 61 " 71 117 121 24 S 63 80 R3V4 47 68 176 o" 103 46 109ft 42 44 ' i 47 70 Republic Steel ... l.wm do preferred ... l. Rock Island Co.. 8.100 do preferred . . . Ct T. JC- s F 2 nf. 1.4O0 2 600 38 !4 "son 'fit it" St L Southwestern do preferred ... PlosB-Sheftteld .... Southern Pacific. An nrtuferred ... 1.6T0 7'4 2.7O0 118 100 121 Pouthern Railway. 2.000 do preferred ... 11.000 Tnn Copper .... floO Texas ft Paclflo.. l.oo Tol. St L West. "0 do preferred ..- 80 Union Pacific 64,600 do preferred ... . . . . U S Rubber 100 do 1st preferred. 20O 24 -n 64 r 83 H 47 68 1 178V4 "30 103 4T4 U 3 Steel 18H.20O do preferred ... Utah Copper .... Va-Caro Chemical. do preferred ... Wabash do preferred . . . Westlnghouse Elec Western Union ... Wheel ft L Erie. Wisconsin Central. 11.300 111V, 200 42 1.200 45 V4 1.1O0 4.OO0 800 100 18'4 49 80 67 V4 67 V. "40' ' r.on 40 1 200 12S!Si Am Tel ft Tel.. 128V4 128 Total sale for the day, 610,200 shares BONDS. NEW YORK. -Feb. 20. Closing quotations: U. S. ref. 2s reg.101 IN Y C Q 3s... 83 do coupon 101 North Pacific 3s. 75 U -S. 8s reg ... 100 North Faclrtc 48.103 do coupon 100South Paclflo 4s. 91 U S new 4s reg.119 Union Paclflo 4s. 103 do coupon 120 Wlscon Cent 4a. 93 Atchison adj 4a. 95 Japanese 4s 84 D ft R O 4a 98 I Stocks at London. LONDON. Feb. 20. Consols for S4; do for account, 84 3-16. Anaconda ... 9.00 IN. Y. Central. money. 129.30 Atchison 104.25 Norflk ft Was 91.50 89.00 do pref .... 104.25 1 do pref Rait at Ohio. 111.00 pnt ft West.. Can Pacific. . 116.02 Pennsylvania. Ches & Ohio. 68.00 Rand Mines.. 47.12 67.00 7.75 60.50 Chi Ort West 7.50 Reading V,. M. S. P. 149.00 'Southern Ry 25.37 De Beers 12.37 do nref. 64.50 120.50 18 75 88.50 98.50 114.00 18.50 60.00 95 GO 75.50 D ft R O 40. 02 do pref 9O.O0 Erie 30.25 do 1st pf.. 46.00 do 2d pf.. 36.00 Grand Trunk 18.75 III Central. ..147.50 L ft N 129.50 Mo. K T.. 41.75 South Pacific. Union Pacific. do prer U. S. Steel... do nref Wabash do pref..... Spanish 4s. . . . I Amal Copper. Money Exchange, Etc NEW YORK, Feb. 20. Prime mercantile paper. 34 per cent. Sterling exchange strong, with actual busi ness In bankers' bills at $4.8525 for 60 days and at $4.t jstfl.Hiixi tor aernauu. twmmor clal bills. $4.84U4.85. P.ar silver 50 c. . I , .A 1 1 r i Xs- Government bonds Steady; railroads. Ir regular Money on call Nominal. Time loans dull and easy; 60 days, 22per cent; DO days. 2 iff 8 per cent; six months. 8 8 per cent. SAN FRANCISCO, Feb. 20 elllver b B0', c. V..!ran nl 1 Q T" 45c. Drafta. sight. 15c; telegraph. ITHo. Sterling on London. 60 days. $4.86; sterl ing on London, sight, $4.8S. LONDON, Feb. 20. Consols, 84 1-18. . Sil ver. 28 7-16. Bank rate. 8 per cent. Dally Treasury Statement. WASHINGTON, Feb. 20. Today's state ment of the Treasury balances in the gen eral fund exclusive of the $150,000,000 gold reserve shows: Available cash balance.. . . 1"'I?!'?5 Gold coin and bullion li'Sii iTo Gold certificates 30,S38,4lu Dairy Produce In the East. CHICAGO, Feb. 20. Butter Steaavj creameries. 222Se; dairies. 21W5c - Egg3 weak at niartt, cuwa ' 4ii-- firsts. 24c; prime flrsts. 25 c 4,c- 'ibs 15.4 316c: twins. 14 15c; Young' Americas, 16 c NEW YORK. Feb. 20. Butter, steady, un changed. - Cheese Klrm. uncnunau. ,p. fnaettled. and lower. Western firsts. 28c; seconds. 27 o. Metal Markets. . - . . i ... iiit NEW YORK. yen. and nominally unchanged. Tin was reported weak at 28.2'. 29.25c. ' Copper remained dull with Jake Q""" 1313 25c; electrolytic at $12.76Ql-J.87o, ana cu, .r o til (12U.O Leaa was ami Spelter. .854.90e. Iron was unsettled, with quotations nom inal- . Dried Fruit at New York. .... wn-rr t.-.k oo F.vAnorated apples wu.w th.t the are easier in. io" - --t " fo-er grades are obt.lnab . at prtc. eon- rrrmaintalned""1 Cal.to.a "fruit, are un changed. New York Cotton Market. . .x. oo rtto Snot closed OU.ete polnu' lower. Mid-uplands. 9.80c; do Gulf, 10.05c. No sales. put eIkTTstdiiilse SEATTLE DEALERS THIXK BOT- T05I HAS BEEN" REACHED. Taking sDhances on the Present Mar- Vet No Change in Butter in Coming AVeek. SEATTLE. Wash., Feb. 20. (Special.)" n-. hnHreH rases of carefully candled eggs were placed in cold storage here today. These are the nrst put inio wiso Eon. Egg dealers believe the market has touched bottom and are willing to take their chances with the present market. Eggs were wholesaling at 23c today, with dealers paying- shippers from 20c to 22c. Eggs for the Alaska orders have all been purchased although shipmenta will not be made until next The pouitry market is bare. Buying prices for next week were marked up to 10c on hens and 18c on Springs. This is an ad vance of o all around Butter will not be changed next week. The apple market is dull. Oranges are In much better demand at the low prices pre vailing Bananas are scarce. The first car due here will not arrive until a week from Monday, If it comes through without dVh'eat buyers refused to offer more than $1 16 for the exchange today. No salea were made at that prlce QUOTATIONS AT BAN FRANCISCO. Prlcea Paid for Produce la tha Bay City Markets. SAN FRANCISCO, Feb. 20. The follow ing prices were quoted in the produce mar- 'potatoes Oregon Burbank, $1.76; sweets, $1.50 ifrl.75. Onions $2 per cental. Mlllstuffs Bran. $28.5030; middlings. $33.50 35.60. Vegetables Garlic 8 9c; green peas. l:c; string beans, 1017c; aspar agus, 612c; tomatoes, $1.2o2; egg plant. 2Mj36c. ' Butter Fancy creamery, Jfic; creamery seconds. S3c; fancy dairy, 80c; dairy sec onds. 28c. Cheese New, 1416c; Young Ainerlca. 1616c: Eastern. 17c. j .,,,. jjgg, store. 21c; fancy ranch, , Jlc; Eastern, nominal. Poultry Roosters, old. $45; young. $TO 9; broilers small. $45; broilers..' large. $56; fryers, $d7; hens. $59; , ducks, old. $45: young. $0S. ; Wool Spring. Humboldt and Mendocino, 18'olOc; Mountain. 58c; Nevada. 914c. Hay Wheat. J20ii24; wheat and oats, $19f(T23: alfalfa, $15j'la; stick, $1718.60; straw, per bale, BO 75c. Fruits Apples, choice, $1.50; common 60c: bananas. 75cffi$3; limes. $S.B03i; lemons, choice. $3; common. $1; oranges, $1.5('i3: pineapples, $1.50C:2.50. Receipts Flour, 2662 sacks; wheat, 135 centals; barley. 2400 centals; potatoes, o240 centals; bran, S6 sacks; middlings, 260 sacks; hay. 200 tons; hides, 110- TRANSFER KINDLY JUDGE Chicago Magistrate's "Parole Sys tem" Ends Suddenly. CHICAGO. Feb. 20. Judge McKenzle Cleland's reign as the "little father of the parole system." as practiced by him in the Municipal Court, has reached an inglorious end. Judge Cleland has been criticised for some time because he haa been suspending sentences during good behavior and his efforts to reform ac cused persons brought before him on the criminal branch. Ills follow judges have declared his methods Illegal. At a stormy meeting of the Jurists he was transferred to the civil branch, and the order will take effect Monday. At a last session of his "reporting" court, at which his charges were scheduled to appear, his "paroles" were either discharged or were sent to tha Bride well to serve the original penalties Im posed. Twenty-four Judges were ar rayed against him in extraordinary ses sion. Chief Justice Olson summed up the case against Judge Cleland. Judge Cleland told the assembled judges that what he did In his court was none of their business, and that as Jong as he continued as a Judge he would administer justice as he saw -fit. BLEDSOE GETS 30 YEARS Dynamite Robber of Kansas City Merchant Given IJmit. KANSAS CITT, Mo., Feb. 20. Robert Ia Bledsoe, of Dallas, Tex., who on Tuesday last entered the home of Lawrence M. Jones, a millionaire mer chant of this city, and attempted to extort $7000 from him, was sentenced to 80 years In the penitentiary here to day. Bledsoe entered a plea of guilty to the charge of attempted robbery. Judge Latshaw, of the Criminal Court, be fore whom he was arraigned, said he regretted that he could not sentence Bledsoe to a longer term. He said the near crime was the most diabolic one he had ever heard of. In answer to a question from the court, Bledsoe main tained that he had no confederates, nor did he have any intention of ex ploding the bomb with which he had threatened Mr. Jones and the latters wife and son, who came to his assist ance. He merely used it. he said, to intimidate the millionaire. Mr. Jones, however, told the court that after he had captured Bledsoe the man kept crying, "why didn't the thing go off?" Indian Quits Game. PHILADELPHIA, Feb. 20. Charles A. n DT-aa f Tndlftn rtltcher nf thA Deuuvi, ma r- - - - Philadelphia American League club, eaid today that he na Quit piaying uau. PRICE RANGE WIDE May Wheat Goes to $1.16 1-4 at Chicago. FOLLOWED BY QUICK BREAK Liberal Selling on the Bulge, Part of It Credited to Patten Ad- va nee in the Liverpool Market. CHICAGO, Feb. 20. VTheat for May de livery eold here today at $1.164 per bushel, overtopping by 4o tha record mark for tha season. Wide fluctuation la tna prioe of this delivery marked tha trading, tha .range for the day being lc. The sharp uptura to a new high level occurred In tha "ret 15 minutes of the day. when May roe to $1.1A after opening at 1.18?4 to 1.16. Tha advance was due to buying by prominent longs and by local shorts, who were actuated by an advanca of to d at Liverpool. The bulge brought out liberal realizing sales, part of which wera credited to tha leader of tha bulla. This caused a quick break to Jl-1 May however, rallied and closed at fl.l5a 1.16. July closed at 1.001.00. Anticipating a liberal movement of corn next week, local holders eold freely, causing harp losees In all deliveries. At the close the prices were V4c to MSXo lower, with May at 65Ujc and July at 8461Tsc. Oats weakened under realizing sales by lo cal longs, which caused final losses of V, to 191 Ho. May 'closed at Wo and July at 411 ?s c. Provisions wera quiet and easy. Prices at the cloea were a shade to BTrHc lower. The leading futures ranged as follows: High. Low Clw. Htnv 1115 11.1(114 Jll $115 July ::::::i:oJ -1.01& 1.00, i.o? Sep! ...... .8 6 94.. . CORN. May B .66 .5tt 5H Ju"y . .66 H .66V4 . Sept :5 .65 -6 OATS. May -65V4 S& : :S MESS PORK. May 16.95 16 95 16.87 16 92 juSy ::::.i.i7.oo . 17.00 16.95 17.00 LARD. May t-7H 9.67, .5 9 J5 July -. 9.80 9.80 9.7JV4 9 80 SHORT RIBS. ,,,, oii 8 92 88 .S714 July :::::: "b S.05 .. m t ash quotations were as follows: Fl.mr Firm. Winter patents, 5.055.30. straights. 4.755.00i4 Spring patents .50 g5.7fi; straighti $4.00,8 5.10; baker's, $2.r5ffl BaHe"y Feed76orC'mlxlng. 6466V4c; fair to choice malting, 64ii8'66e. Flax seed No. 1 Southwestern, $1-63, NO. 1 Northwestern, $1.72. Timothy seed $3.75. PorkM'els per barrel. 1.TB 1.0. Lard Per 100 lbs., $9.50. -Short ribs Sides (loose), 'J'5';,7,, Sldes Short, clear (boxed), $8.87 9.12. Grain statistics: Total clearances of wheat and flour were equal to $1S4.000 bushels. Primary receipts wont bVooO bushels. Estimated receipts for Monday: Wheat. 31 cars; corn, 297 cars, oats, 166 cars; hogs, 48.000 head ' Receipts. Shipments. Flour, barrels 22,000 29.100 Wheat, bushels .3?'SJ2 -i-'Tnn Corn, bushels.., 8S6.3O0 2S,.10O k..i,i. 208.000 262,300 a?"1 ' 3.000 3.000 6.800 68.000 29,200 Barley, bushels. . . Grain and Produce at w York. NKW YORK. Feb. 20. Flour Receipts, i i.. .vwt, 13.200 barrels. Easy, with a 'better demand. Minnesota patents, J5.405.75; Winter straights. $5 10 i5.25: Minnesora oaner m. tcr extras. $3.854.40; Winter patents. $o.J5 5.60: Winter low grades, $8.60(84.30; Kan sas straights, $5(6.26. Wheat Receipts, 21,600 bushels; exports, 4900 bushels. Spot, irregular: No. 2 red, $1 20 elevator and $1.21 f. o. b. afloat; ?.o. : . n,.i.,ih i "i f n b. afloat: Iso. - hard Winter. $1.24 f. o. b. adoat. Bulls ran May wheat up a half cent above yes terday's record this morning, but later with drew support and allowed prices to react a little. The market closed unsettled and Ae net htuher. May closed at $1.19 and July at $1.09. ' Hops, hides and petroleum Steady. y,-0ol Steady. Domestic flece, SISJUSo. ftrnJn at San Francisco. SAN FRANCISCO, Feb. 20. Barley steady. Wheat Strong. Spot quotations: ' Wheat-r-Shipping. 1. HO 1.82 "A, per cen tal; milling. ?1.87CS1.92. Bailey Feed. J1.3S1.4H per oental; brewing. ft.Wai.46. Oats Red, $1.72 MO 1-80 pr oental; whlta, fl.831.0S. Call board sales: Wheat May, $1.8891-02 par cental. Barley May, $1.384 per cental. Com Large yellow, $1.80 per cental. " European Grain Markets. LONDON, Feb. 20. Cargoes firmer, mora disposition to operate. Walla Walla, prompt shipment, at ooa wu, v. ...... Knglish country, markets steady; French country markets, quiet. MVERFOOIj. Feb. 20. Wheat March, Ta lld; May, is im; juiy. is i a tb ia. Weather, fine. " Wheat at Tacoma. TACOMA, Feb. 20. Wheat, milling, blue stem, $1.10. - Export, bluestem, $1.12; club. $1.01; red, 99c. FORTLAlTn UVESTOCK MARKET. Prices Current locally on Cattle, Sheep and Hogs. Liberal receipts of Idaho stock by packers made the Inquiry from that source less ao tive yesterday and the livestock market on the whole waa quiet, una tone ot prices. however, waa very steady. Receipts at the yards were 267 aheep ind lambs, 246 hogs and IS horses. Late representative sales were reported by dealers as follows: 257 sheep and lambs, vw pounus, sa.io; ja steers. 1100 pounds, $5.25; 3 bulls, 1300 pounds, $S; 82 calves, 190 pounds, $B; 17 medium cows, pounds, $3.75. The current range of price In the local market was aa follows: CATTLE! Best steers, $5.2595.60; med ium, $4.605; common, $3.50(j4; cows, best, $4ii4.25: medium, $2.25(6 3.75; calves, $46. SHEEP Best wethers, $8; mixed, sheap, $3.50l'5.25: ewes. $5g5.00; lambs. $80.76. HOGS Best, $77.25r medium, $8.25 6.50. v Eastern Livestock markets. OMAHA, Feb. 20. Cattle Receipta, 100 1 market, unchanged. , Hoga Receipts, 8200: market, 6o higher. Heavy, $6'.j6.25; light, $5.75fr.05; pigs. $1.50 65.50: bulk of aales. $5.85(8t.05. Sheep Receipts, 100; market, steady. Tear lings 8i-8.75; wethers. $4.7535.23; ewes, $4 4.75;' lambs.', $6.50.30. , KANSAS CITY, Feb. 20. Cattle Receipts, 20o; market, steady. Native steers $4.90ij 8.40; do cows, and heifers, $2,254(5.85; Block ers and feeders, $3.253.25; bulls. $3ff4.5; calves, $3. 27. 5'); Western steers, $4.60-6.25; do cows. $."t?i5.25. Hoge Receipts, 4000; market, steady; Bulk of sales, $5.80-80.20: heavy, $a.l5625; pack ers and butchers. $66.20; lights, $5.506.10. Sheep Receipta, ooo; market, steady. Mut tons, $4.60'g5.5O; lambs, $o.SOS'7.40; range wethers, $4jjtt.25; fed ewes, $35.10. CHICAGO, Feb. 0. Cattle Receipts, esti mated, 40; market, steady. Beeves, $4,259 6.90; Texas steers. $4.20S5.20: Western steers, $4.10i&5.d0; stockers and feeders, $3. 3535.40; cows and heifere, $1.85'S5.60; calves, $6B'8. Hogs Receipts, estimated, 14,000: market, steady. Light, $G30; mixed, $6.05S'6.45: heavy, $6.05(go.45; rough, $6.0896.20; good to choice heavy. t6.2d-B6.65; pigs, $5.10S6; bulk of sales, $3.20ti6.S5. Sheep Receipts, estimated, 1B0O; market, steady; native, $3.2ti6.60; Western, $3.6(V RO: vearlings. $W6.wi: lambs, native. $5,763 Je.eOi Westera,-$5.7556X0, For Sale Small block of stock in large financial institution. . Will Sell in lots of from $300 to $1000. Specially low price to quick bnyer. Closest investigation courted. For particulars address G 702 Oregonian. SUMMIT COAL MINING CO. Robert J. Linden, President and Manager shSperf Bituminous Coal andsS Mines located near Roslyn and Cle Elum. Washington Carload orders solicited from manufacturers and others Portland Office: 1016 Board of Trade Bldg. TTTTTTTTT"- Main 3726: A 3726 ' DOWNING - HOPKINS CO. ESTABLISHED IBM BROKERS STOCKS --BONDS --GRAIN Bought and sold for cask asd a snarjrU. Private tfes F.coms 201 to 204, Couch Building nTTl T ITUIP Enhaneea the Value of Abutting Property more than any Dl I ULil 1 ntV other ravement. BEST by Every Test DbLAUSEi for the Horse. EVERYONE PLEASED WARREN CONSTRUCTION COMPANY 817 BECK BCIL,I'G. SEW TORK IXSTITUTIOXS IX CKEASE THEIR RESERVES. Trust Companies of the Metropolis Are Carrying Over $140,000,000 in Their Vaults. NEW TORK, Feb. 50. The Financier will aay: The statement of the associated banks of the City of New York for the -week ending February 20 showed a total decrease of $5,174,600 in loans, an Increase of $5,249,800 In cash and a decrease of $771,400 in deposits. The gain In cash was reflected wholly In the increase of surplus reserve, amounting: to $5,441',650, bringins the excess cash In the New York banks, based on actual conditions, up to $15.647.b75. The New York banks re duced their circulation last week by $511,900. The summary of state banks and trust com panies In Greater New York not reporting to the New York clearing-house showed de cided changes for the week, the gain In cash by these institutions liaving been about $750,000, their loans decreased $2,874,700 end there was a amall decrease of less- than JWD, 000 in., deposits. The trust companies alone are now carrying over $140,000,000 In cash in their vaults, the actual percentage of their cash reserve so held 17.11 per cent, the highest on record. The statement of averages of the clearing-house banks for the week shows that the banks hold $13,545,075 more than the re quirements of the 25 per wnt reserve rule. Thla is an increase of $4,047,275 in the proir tionate dash reserve ao compared with last week. The statement follows; Increape. Loans $1.3II..nn.100 $n.9S5.300 DeposlU :.. 1,373,778,900 ' ' '- Circulation . 49.770.WO l-n Legal tenders Rl, 314.0(h) 1.WW.3C0 cff!. .. 27B.S5,8O0 1.7142,700 Reserve 856.e99.800 2,8S0.tMJ Reserve required ... 343.444.725 'l Surplus 13.545.0.5 4 047,275 Ex-U. 8. deposits .. 14,272,375 ,72,050 Decrease. The percentage of actual reserve of rne clearing-house banks today was 26.19 per cent. The statement of banks and trust com panies of Greater New York not reporting to the clearing-house shows that these institu tions hold aggregate deposits of $l,232,0Si.6H): total cash on hand, $165.(443,800. and loans amounting to $1.UI4,775,W0. A Pennsylvania man would have inher ited $12,000 If he had lived till he wbs 50. and died Just short of that age, worrying for fear he mlirht die. . WIRELESS OFFERINGS 20 American Marconi 150 Canadian Mar- "conl 80 English Marconi com. 10 Engl. Maroonl pref. 110 TJn. Wireless pref. stamped 150 Collins Wireless Tel. 10 TJn. Wireless com. stonped. IB or 50 Un. Wireless nref. stamped. WANTED Radio Telephone Un. Wireless pref. Unstamped. Great Jjries Radio American Marconi tel 1 Canadian Marconi T. C. KU11M.H & CO.. Wireless Specialists. 68 Wall St., New York. WIRELESS STOCKS An analysis and critical comment . on WIREL.KSS 8TOCK8 Is presented in our special Market Letter Just out. A limited number of copies mailed free upon request. HARVEY A. WILLIS & CO.. (Established 1901.) S2 Broadway. ' New York. TRAVELERS' GUIDE. COOS BAY LINE The steamer BREAKWATER leaves Port land every Wednesday, 8 F. M.. from Alns worth dock, for orth Bend, Marehdeld and Coos Bay points. Freight received till 4 P M. on day of sailing. Passenger fare, first class, $10; second-class, $7, Including berth and meals. Inquire city ticket office. Third and Washington streets, or Ainsworth dock. Phone Main 268. Telephoae MWSJ . A221J Durable, freedom from Xoise or Rumble, n lrubt and lt will not trark. The Taxpayer. The ITurikman, Jjjj 5."0uut. and thA Hor. Bonds Stocks Securities For Sale by T. S. McGrath Lumber Exchange PORTLAND, OR. HARTMAN & THOMPSON BANKERS CHAMBER OP COMMERCE issue 4 certifi cates of deposit in any amount. Particular atten tion is given to this department of the business. ChNmtod Personal XtaMHff DONT BUY OIL STOCKS Without investigating. Our monthly mag azine. "The California Derrick." 1 the rec ognized oil authority of the Pacllic coast. Telia all about tho various districts. Thor ough. Fearless. Reliable. If you own oil stock or contemplate Investing, write today enclosing four cents postage for free sample copy. Yearly subscrlbtlnn two dollars. FRANKLIN PUBLISHING ASSOCIATION, 653 Pacific Bide, San Francisco, California. Capital Furnished English snd American capital negotiated. Mining, Oil. fias and Railway Stock and Bond Issues sold direct to Investors, commis sion basis. Samuel Graham ft Co.. Selling Brokers (Dept. C). 4 J tfacramxut Street, Montreal, Canada.