The Sunday Oregonian. (Portland, Ore.) 1881-current, February 21, 1909, SECTION FOUR, Page 7, Image 41

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    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.