n ' I I 1 cttwv a -w w - . . . .
xm .-it y UMLbU.MA., 1'OKTL.VAD, MARCII 21, 1909
UGH LEMON PRICES
and the supily cleaned ud well on north-
CAUSES NO
rn shipping orders.
Poultry, was not plentiful and all kinds
were firm.
The butter market Is quite steady and is
likely to continue so for the present.
Changes in Provisions.
A rew provision list will go into e.lect
Monday morning showing declines of ys to
1 cent on hams. cent on staadard bacon
and cent on standard lard.
ALARM
J 60-day -bills and at $4.8830 4.8!l5 for de-
PRESSURE ON JULY
usuu; commercial bills. $4.86 4. sen
Ear silver 50 ic. -Mxioan
dollars 44c.
Bonds Government, steady; . railroad,
heavy.
ummer Crop Will Be a Small
One. v
1ARKET IS EASY NOW
l-onr-KeepIng Fruit Is Being
Ire.cd ftr Sale Active Local
Trade in Vegetables Coun
try Produce Steady.
There la every reason to look for a hlRh
mon market In the coming Rummer. Just
It present the market is easy in California,
wing to the large quantity of poor keep
's, which were injured by frost, .that are
ow being thrown on the market. The crop
1 1 Summer lemons, however. Is going to be
eht. Wright's Citrus News Letter says:
"The wet weather caused the lemon to
row abnormally. They ' are tree colored
nd will not keep. What Is to become
f them T They will no doubt be
hipped and sold for what they wilt bring.
''his will result in a demoralized market
'or some time to come. I believe that after
his big fruit is out of the way and the
Ivarm weather of the Summer Is at hand
ve will see a very good lemon market and
shortage of California lemons."
The orange market, on the whole. Is
-teady. While the Exchange is making con
enalnna on fruit from some districts. It Is
.oldlng fruit from other districts firm. In
I 'ovlna. Azura and OJal Valley the oranges.
because of the recent rains, are puffing and
he effort Is being made to get such poor-
teeping fruit off as speedily as possible.
The local market Is well supplied with
ranges, but prices are maintained on all
L-ood offerings. Lemona are selling at a
ery wide range of 1.T3 to $4 per box.
l-ome dealers would not be surprised if the
narket In. the Summer went" up tj $10.
ONIOV SHIPMENTS ARB REGULAR,
lOnly About S6 Cars Are Left Tfnaold Pota
toes Very Firm.
Kleven cars of onions were shipped In the
I past week and two cars are to go out
I Monday. According to reports made at
vesterday's meeting of the Confederated
mlon Growers' Association, only 26 u cars
ire left unsold In the state. The market
I is steady and there is no doubt that present
lirtces will be maintained throughout the
ic-ason. The demand for Oregon onions is
,-ood, in spite of the presence of frozen
unions on the Sound and Ohio stock in the
:nuth. The Ohio onions at San Francisco.
t is said, were ordered some time ago when
:ne market prospects were brighter, and
.vere tamed down on arrival.
The potato market waa nrmN but rather
lulet. as farmers were not free sellers.
ven at the full prices offered. Estimates
f the unsold holdings in Oregon vary. A
competent authority places the amount at
I not to exceed 450 cars, of which perhaps
iiiair win be required at home during the
I remainder of the season. At the present
mte or shipments, the surplus would not
I Inst long if farmers were ready sellers.
LOCAL HOP MARKET 18 DULL.
1 1 nsold Storks in California Foreign Trade
condition.
The hop market was auiet ve.tenl.ir
I there being no reports of spot sales or new
contracts written.
A letter received from enro.!. .,..
I that dealers are holding 10,000 bales of
moss and 5000 bales of olds. One Califor
nia grower, holds 2S00 bales of last year's
Ii-rop, ouihi Dales or lDOTa and 2500, bales of
l!Hs. Other growers' stocks In that state
are 10.400 bales of 1908s. 10.403 bales of
HHiTa and 5238 bales of 100s. The- Wash
ington stock of olds In all hands Is 8500
bales, while Oregon growers have unn h.u.
I of the same growths.
Government returns show vl.
th port of New York for the season to date
to be 45.202 bales, compared with 58,038
bales In the same period last year and im
ports to be 7900 bales, compared with 10.823
bales last year.
The Kentish Observer of March 4
the London market as follows:
There is still fair . ...
I - ....... imi vjnr- n i
copper hops, and prices remain steady. The
Onest that can be obtained ere fetching
more money, cnoloest English hops
being now quite unobtainable. Continental
markets are almost dentin i . .
I and the commoner sorts are quite a drug.'
. , .,,.,. .e,,, a uttie more freely.
but the prices demanded for the finest
ssmplee are high enough to prevent any
great amount of business In them
VEGETABLES ARE SELLING WELL.
Car of Rhubarb Received Car of Florida
inn inn ffK.v
Jobblna trade In Kn,ln. ... . L . ,
- ' r rBruiDm is as
suming large proportions. Receipts, partic
ularly from Pall f.,.t. .
- ' ' " . increasing and
prices show a seasonable decline.
.ir..cni car or California rhubarb was
received yesterday and sold at $2 "5 per box
for choice and $2 so for fancy. Asparagus
was a Shade lower 'Dm.ii. -
--- jsmnu SIOCK
I bringing 10 cents and green asparagus l-u.
... ......... , di neavy receipts of
asparagus Monday and Tuesday, a car of
Florida tomatoes will arrive this week and
will sell at $3.50 per six-basket orate. Mex
ican tomatoes are a drug on the market and
are ottering at lltfl.73 per crate. A small
shipment of Florida bell peppers waa re
ceived yesterday and were quoted at $5 per
six-basket crate.
1'IR.H FEELING IX GRAIN" MARKET.
Trade Is Quiet and Quoted Prices Are
isminrm.
Tli r grain market wn nnut , . j
No sales were made : the Merchants' Ex
Kliangc. but the feeling was one of firm
ness In all the drpartmonts.
IMd and asked tirf, .- , . . ,
Poard of Trade as follows:
WHEAT.
1r-h ..- SI.OT'A ai.oa
OATS.
Mjir.-h i p..,, .
AlTll IS.".. 1 u-.,i
BARLEY.
March . . i j-. t ...
A.ril v . '....,
Iterelpts In cars were renorted by" the
Merchants' Exchange a follows:
Mr. 13-14.; 21 Hay.
Mir. IS 4 .. T i m "2
Mar. Hi 4 .. 11
Mar. 17 .. f ' i .?
Mar. tv T .. .-: 1 1
ilr. 19 14 2 7 J ,5
Tlllj week., fin 13 r.S " .7
Last eek..lti4 21 r,ti ,' VA
Bank Clearing.
.. , A. v, .xunawsneni Cities fi-
teruay were as follows: 5
,.,.,,. j . vivarings. valances,
l oitland 91S.0X5 1T5 5S
th"-'.',';. i.24.oso 3-;?A
Hnnk clrarlni of Portland. Seattle and
Ta coma for the past week and correspond
ing week In f . i r-i... r- ,.Aan .
Portland. Seattle.
!" $9.no.ll,1 $10.60.66$
1 1ii 6.S69 444 7.677 !S5
1K"T 7.4fiJ.!09 S.X7S671
ll' 4.931.7.MI ! 7ns'7S
1".H 3. ST.'.. 576 4..--S5 si
li" :t.2.'0.4:;.-v 4. 171.10.-,
s.aiifi.s.1.; 4 o!9 ess
ISO; 2.74K.1S 2 7s7 05S
ihoi 1.6l'.7s; ;.14'7;-
y
I'gg Supply Cleans I n.
There Wei no new fralitrto In .
nnuket yesterday. The tone was steady
V
rORTLA.M) MARKETS.
Grain, Floor, Feed, Etc.
WHEAT Track prices: Bluestem. SI. 209
1.2o; club, 1.0jl.l0; red Russian. $1.07 Vi
6 1.08: Valley 1.10.
t'LOUR Piitents, $5.65 per barrel;
straights, $4.65: exports, $4.10; Valley. $a.lO;
cratiam. 4iie. $52"; waole wheat, quarters.
$5.40.
OATS No. 1 white, 3940 per ton.
M1LLSTUFFS Bian. 2;e2G.DU pr ton;
mlddiinKs. $H3; ?hcr;s. s--jol; coop S20i:
rolled barley, $31 3 32.50.
BARLEY Feed. S31 per ton.
HAT Timothy. Willamette Valley, $13iflS
pr ton: Eastern Orefron SiG'Slh: clover H2
613: alfalfa. $14.5015; grain hay. $131;
cheat. S12.2Ui314.50: vetch. $13.oCtS:i4.5l.
lalry and Connfl Produce.
BUTTER City creamery. extras. S8o:
fancy ouiside creamery, ;;i!35c per lb
store, 18Q2c. Ulutler fat prices average
1 l.i cents per pound under regular butter
prices.)
EGOS Oregon ranch, 20 21c per dozen.
FouTRY Hen. 15H16ic; broilers.24
2ic: fryers. lSlfiOc; roosters, old. 10f.llc
young, 14&l5c; ducks, 22 Vic; geese. 10c:
turkeys. Is 10c: squabs, $2.503 per dozen.
CHEESE Fancy cream twins, 1717c
per lb.; full cream triolets. nnftc; fuiJ
cream. Young America", 13S1S',C.
VEAL Extras. 10llo per pound; ordi
nary. 1c; heavy. Be
.P9RK ancy. 9 10c per lb.; large,
. Vegetables and Fruit.
boFRBSH FKUITS APP'e. 5c2.60 per
POTATOES Buying price, $1.40(81.50 per
hundred; sweet potatoes, 2i4SSic per
pound.
SACK VEGETABLES Turnips. Jl per
sack; carrots, 90c; parsnips. 111. 50; beets,
$1.75; horseradish, 10c per pound.
TROPICAL FRUITS oranges, navels. $3
62.75 per box; lemons, $l.754; grape fruit,
44-254.73 pjer box; bananas. asOc- per
pound; pineapples, S2.7s&3.-o ptsr dozen;
tangerines. $1.75 per oox.
ONIONS Oregon, buying price. $1.75 1.90
per hundred.
VEGETABLES Artichokes, 75 90c doz.;
asparagus, ltXfilSc r.er pound; beans. 25c;
cabbage. $i43c per pound; cauliriower.
$2.60; celery, $4.75 per crate; cucum-.
bars. $1.5002 3 per dozen; lettuce, hot' house,
$1.0&1.65 per box; lettuce, head, 85c p3r
dozen; onions, 40&50c per dozen; - parsley,
35c per dozen; radishes, 35c per dozen;
rhubarb. $2.252.50 per box; spinach, $1
1.25; tomatoes, Jl!S3.50. .
Groceries.' Dried Fruits. Etc.
DRIED FRUITS Apples. SHo per lb.;
peaches. TittoSc; prunes. Italians. SWHe;
prunes, French. 440c; currants, unwashed,
cases, Vsc; currants, washed, cases, 10c;
tits, whito fancy. 50-lb. boxes, JAc; dates,
liALiiON Columbia River, 1-pound, talla,
$2 per dozen; 2-pound tails. $2.95: 1-pound
flats. $2. 10; Alaska pink. Impound talis, 95o;
red. 1-pound talis, $1.45; sockeyes, l-pound
COFFEE Mocha. 24(fs2ftc Java nHlna,.
17f20c; Costa Rifa, fnncy, lS20c; good,
IGfrlSc: ordinary. 12ltic per pound.
NUTS Walnuts, 12qyl3e per pound by
sack; Brazil nuts. 10c: alberta. 15c; pecans.
7c; almonds, 1314c cnestnut. Italian,
11c; peanuts, raw. Dbc; pinenuts, 100
12c: hickory nuts. 10c; cocoanuLa. sue .per
dozen.
SUGAR Granulated, $5.90; extra C, $5.40;
golden C, $5.30; fruit and berry sugar, $5.90;
plain bag. $5.70; beet granulated, $5.70;
cubes tbarrel), $6.30; powdered (barrel).
$6.15. Trmi: On remittances within 15
days, deduct 4c per poundl if later than 45
days and within 30 days, deduct 14e per
pound. Maple sugar. .5 4pl8c per pound
SALT Granulated. $13 per ton, S1.B0 per
bale: half ground, 100s, $7.50 per ton: Cos,
$8 per ton.
BEANS Small white. 6?4c: large white,
64c; Lima. 5c; pink, 3c; bayou, 4c:. Mex
ican red. 5 c.
Hops, Wool, Hides, Etc.
HOPS 1909 contracts, 10 10 M c per
pound: 1908 crop, 7j.7i4c; 1907 crop. 3fi4c:
1906 crop, lVif2c. " '
WOOL Eastern Oregon, contract. 16 &
ISc per pound; Valley, 16 17c.
MOHAIR Choice, 23c per pound
niijiio xjiy nioes, ,o. 1. ltf16HC lb.;
dry kip. No. 1, 14 15c pound; dry calf
skin, 1. 4 i8c pound; salted hides, 09i4c:
fess caltsktn. 1415o pound; green, la
.,K.Tt$ :No- 1 "k1"8: Angora goat, $1 to
$1.25;badger, SSsj'aOu; bear. $520; beaver
$6.508.50; cat. wild. 60c$l; cougar per
fect head and claws. $3 10: fisher, dark
$7.5011: pale, $4.907; rox. cross. $3
to $5; fox. gray. 60c to 80c: fox. red. $2 25
to $4: fox. silver. $35 to $100; lynx. $10 4
lo; marten, dark. $812; mink. 75c$4 50;
muskrat. 104415c; otter. $7; raccoonT 45c
S?.,?ea ot,ter' 12-6. as to size; skunki
S076c; civet cat. 1015c; wolf. $2Sj!3
coyote. 70c$l.l0; wolverine, dark, t3a&'
wolverine, pale, $22.50.
CASCARA BARK Per pound. Hc.
Provisions.
BACON Fancy. , poundf standard,
lfL bolc' l'ai lin"h. iSljajllSc; strip!
DRT SALT CUBED Regular short clears
cry salt. 12c; smoked. 13c; short clear
backs, heavy, dry salted, lc; smoked, lao:
Ortsgon exports, dry salt. 13c; smoked. lo!
HAMS 10 to 13 lbs.. Kftc: 14 to is lb-7
14c; IS to 20 lbs.. 14c;. nams, skinned'
14c; picnics, 9c; cottagi roil, llo- ihoui:
pfcnles11 b"U hatU" J6i:io,:i tKJi.ed
LARD Kettle rendered: Tierces 11 Uo
tubs. 13c; torn. 13c; zos, 18c: loi!
144c; as. 14o; 2s. 14fco. Standard pur?
Tierces. 12Hc; tubs.- 12c; 60s. 121ic- 2oV
123.C; 10s I3c; 6s. lt-a; 8s. ' IS Corn
pound: Tierces, 8c; tubs. lc: 60s. 8 u.e
20s. 8c; 6s. Sa.
SMUKKD BtiiF Beet tongues, each
10c; dried beer seta. 16c; dried beef out
sides. 13c; dried beer insldes. 1SC; dried
beef knuckles. 18c. ,
PICIvLED GOODS Barrels: Pigs- feet.
$13; regular trtpe. $10: honeycomb trine.
$12; pigs" tongues. $19.50.
MESS MEATS Beef, specials. $12 per
barrel; plate. $14 per barrel; family. $14
per barrel; pork, $20 per barrel; brisket. 22
per barrel; S. P. beef tonifues. $20; pies
Oils.
ii!OAi.-01I77"I'rl "nd "tral oil. casea
S Ho per gallon; water white. Iron barrels,
lie; eocene and extra star, cases 21 ; head
light oil, cases. 2oc; Iron barrel, lac; auuaa.
GASOLINE Union and Red Crown, bar
rels, l&Vjo; cases, 22 Wc; motor, barrels.
16V4C: cases. 230; 86 degrees, barrels.
80o; cases. 37 c; engine distillate, barrels,
vc; cases. 16c.
LINSEED OIL P.aw, barrel lots. 67c; in
cases. 1 3c; boiled, barrel lota. 6c; In cases.
75c.
OIL MEAL Ton lote. $37.
Dried Fruit at New York.
NEW TORK. March 20. The market for
evaporated apples Is quiet. Fancy. SVi
8Wc; choice. 7'4ti7atc; prime. 6jj6?ic and
common to fair. 5fftic.
Prunes are cleaning up in epot. with prices
steady at 3 to Ttcfor new crop Califor
nia fruit to 40-60s and from 614 to 9c for
Oregon 40-50 to 20-3tts.
Apricots are firm, with choice quoted 'at
SH-PMV, extra choice at 1010',4c and fancy
at llH13c.
Praches aie In weady demand, with choice
!1L5'W6:- cxtra c!' 6ViEG,c and fancy
1 8t4c
Raisins are quiet, with loose Muscatel
quoted at 4(S5c. choice to fancv seeded- at
4S,vic ewdless at Sligotjo and London
layers at $1.2051. 30.
Final Report on Cotton Crop.
WASHINGTON. March 20. Running bales
of cotton numbering 13,408. S41 of average
gross weight of 505.8 pounds, all equiva
lent to 13.563.945 500-pound bales with
27.5S7 ginneries operating, was the final
report of the Census Bureau today on the
cotton rop grown In 1908;
NEW TORK. March 20. Cotton Fu
tures closed easy. Closing bids: March
.31c; April. 9.25c; May, 9.26c: June. 9.17c
July. S.ISc: August. 9. 14c: September. .lie
October, 9.12c; November and December'
.0Sc: January. 9.06c.
Spot closed quiet. 5 points lowr. Mid
dling uplands, 9.63c;. middling gulf, 9.90c.
No sales.
Coffee and Sugar.
NEW YORK. March 2l. Coffee future
clied not unchanged to 5 points lower. Sales
were 15.250 bags, including: May. 6.0c; July,
6.SO0; September. 5.95Sc: October. 5.75c;
tecember and January. 5. St. Spot coffee)
teady. No. T Itio, S-c; No. 4 Santos. 9c!
Mild coffee, steady. Cordova. 8,e.
Sugar Raw. steady. Fair refining. 3.42c
rentrlfugal. 9 test. X P2c: molars msr'
3.1. r. Refine,!. stea-ty. I'rtished, 5.55c
p.iwderea, 4.95,-; granulated. 4.KV. '
Wool at St. Louis.
ST LOWS. March in Wool Unchanged.
Territory and rrtirii mediums. IS Si :3c "
fine mediums. 17 a 20c; .. fine. 114jl7o.
Gold Export Movement Does
Not Affect Stock Prices.
MARKET PROFESSIONAL ONE
Entire Absence in the Speculation or
Any Outside Demand Condi- '.
tlon of Xew York Banks.
Bonds Irregular.
NE-WYf5ttK, March 20. The lack of
settled" conviction on the speculative
outlook by the professional element
waa shown by the alertness by which
they watched' the day for any sign
of outside initiative; or, v indeed, for
any lead in the operations, in the mar
ket. Sich signs were sufficient to
cause a 'quick and direct reversal in
the market position, so that when
prices moved at all the fluctuations
were confused and changeable. The re
sult was to reduce the day's market
practically to these tentative opera
tions of the professionals, without de
veloping any evidence of awakening in
terest from the outside.
The sustained strength of the for
eign exchange market leads bankers to
expect that next week will see a fur
ther large outgo of gold both to Lon
,?1and Arsentina. An engagement of
J2.800.000 for the former point was
announced. It is intimated that the
sailing of an available steamship is all
that is wanted to make a large gold
shipment to Buenos Ayres.
The unresponsiveness of the market
to the gold export movement is ex
plained by the showing of the banks,
the cash holdings of which are unaf
fected, partly by reason of some ap
parent redeposit of cash from the trust
companies to keep pace with their scal
ing down of loans. The banks also re
duced the loan Item during the week
quite materially.
Bonds were irregular. Total sales
par value, $1,366,000. United States 2s
registered have advanced per cent
on call during, the week.
CLOSING STOCK QUOTATIONS.
Sales. High. Low.
Amal Pr.Tir
Am Car & FounJ
lu.iuo
900
5H4&
4S
do prererred ...
Am Cotton Oil...
Am Hd & Lt pf.
Am Ice Securi...
Am Linseed Oil. .
Am Locomotive. . .
do preferred . . .
Am Smelt & Ref.
do preferred . . .
Am Sugar Ref...
Am Tobacco pf..
Am Woolen ....'.
Anaconda Mln Co.
Atchison
do preferred
Atl Coast Line...
Bait & Ohio
rin. -nrprArMl
Brook Rap Traii." " iliooo
Central Leather.
do preferred
Central of N J
Ches & Ohio 15.600
Chicago Gt Weet. BOO
PhiMVn - J w r
C. M & St Paul.'. " V,8ob Vii
c r r a. e, t
Colo Fuel & Iron. 1 900
Colo & Southern
do let preferred
An 'H
Consolidated Gas. .
Corn Products ...
Del & Hudson....
D R Grande . . .
do preferred ...
riatlllers' Securi.,
Erie ,
do lBt preferred.
do -2d preferred.
General Electric.
Gt Northern pf...
interborough Met. S 10O
do preferred ... 6,700
xnt raper ......
do preferred ..
Int Pump
Iowa Central ...
K C Southern
do preferred . .
Louis & Nashville
1,200
300
Jiinn A st L
M. St P & s S M.
Missouri Pacific.. 30O
Mo, Kan & Texas 2.100
(in nrofoi-t-AH
6S54
4054
68 14
4054
National Lead ...
N Y Central
N Y Or.t & West.
Norfolk & Weet .
North American . .
1.30O 12454 124ti 15.1
300 45 45 4154
S7
300 784
7844
138
7S54
13? 3
Northern Pacific. 8.3UO 14o
Pennsylvania
Fvple's Gas
P. C C & St L
Pressed Steel Car.
Pullman Pel ft, r
i.'o'ub l'soYi 13014 130
800 112
1114 111
"366 3854
36
170
Ry Steel Spring.".
neaaing
Republic Steel
; 47,7(0 12S-14 12754 1274
4O0 2054 2054 20
ao prererred ...
Rock Island Co. .
do preferred
Ft L & S F 2 pf.
St L Southwestern
do preferred
Sloes-Sheffield
Southern Pacific.
do preferred ...
Southern Railway.
do preferred . . .
Tenn Copper
Texas & Pacific.
Tol, St L & West.
71li
500
2.100.
23
6354
23
6254
Z3
36
25
5254
71
117T4 118
8.400 116
2O0 122
122
122
200
200
'61
41
4754
"i
40
464
70
177
23
61
40 W
S2
4654
178
95
29
103
BOO
ir irincucu ... 1 .... 11
Union Pacific ... 27,000 17SH
do preferred .....
TJ s Rubber
do 1st preferred. 1 400 103 H
TJ S Steel S8.500 43?
do preferred -. 7. 4.100 lllo
Utah Copper
Va-Caro Chemical
1.300
I0314
43 '4
10954 110
40
' ??
Wabaeh .
do preferred
Westlnghouse Elec
Western Union
Wheel ft L Brie..
Wteconsln Central.
110
174
43-4
78
65
8t4
47lt
200
17-5A
44 54
17
44
2m 954
WW ATS'
BV.
4754
Am Tel ft Tel
aOA 1 'Mil!. IQQS
12954
Total
!es for the day. 215.900 shares.
BONDS.
NEW YORK. March 20. Closing quota
tions:
U. S. ref. 2s reg.iniH
dn rounnn mi u.
IN' T C 8 3'4s 90
North Pacific 3s. 79
North Puriflj. .1 1A1
Tj. S. 3a reg...l01
do coupon. . . .101
U S new 4s reg. 119
do coupon. ... 120 u,
T & R G 4s 97 54
ll nion Pacific 4s. 10254
W'lscon Cent 4s. 94 14
Japanese 4s 84 T4
Stocks itt London.
LONDON. March 20. Consols for
83: do for account. 83 11-15
Anaconda .... 8N. Y. Central.
Atchison 10.-,;Norflk ft West
Td Sr;', 104,4 ao oref..'..
Rait & Ohio liO Ont ft West..
Can Pacific 170lpennsylvania .
SJfs.05.10 70:Rand Mines...
h' Grt West.. 4 Reading .. ..
C. ft S. P... 147 54 Southern Ry .
Beers i2i4 do pref . .
D R G 4-Hi'.outh Pactflc.
do pref 80 Union Pacific.
money,
. -127 54
- . 85i
. . m
. . 40
.. 6fi"4
:.-6
. . 24
.. 63
. .11954
..1S2
-. 97 54
-- 44
..112H
.. 1854
-. 43 54
95 ?i
-- 69
' 1 " . - on np,f
do 1st pf 3S54
!U S Steel
J do pref
Wabast, . .
co jo pi 31
Grand Trunk... 1R5
III Central 145
L & N l.f54
Mo K i: T 43
I do pref. . . .
Spanish 4s
tAmal Copper.
Money Exchange, Etc.
iYv?X- MarCh :0 Bar Steady.
,23 5-18d per-ounce.
Money 254 rg 2 per cent.
The rate of discount in the open market
mon?h' hm f P cent; three
months' bills. $54 pr cent.
SAN FRANCISCoT" March 20. Silver
bars 50 c
Mexican dolla
lrafts Sight. 5c; telegraph 7 5j
Sterling 60 days. $4.ss; sight, $4.SS4.
NEW YORK. March 20 Money on call.
n.,m.nal Tm loans. ,! and steadv: so
days. 4f;i, per cent; jo days ;i,e!t;
per cent; six months. 23 per cent
Prime mercantile paper. 3 54 4 4 per cent
Sterling exchange firm, with actnal burli
ness in bankers' bills af $4.S20 a 4 8630 for
Bid.
68 68 '-i
43 48'
110
i . . 5114
600 41 40 402
6U0 29 29i4 29
"iw 51 "" "50i,' 51
112
5,0(K) 84154 83 83-'!i
."0 W.i 103 102'2
100 129 129 1295
8O0 94 94 94
28 '4
SCO 40 4014 40
4.800 103 10214 102-54
-. 102
119
800 107 i 10754 10734
83-Ti
7112 T1 T
17 167 1664
29
101
235
'i 69 69U
4 4 414
177
143i' 143,
73
32 82 32
62H
" 81
600 129!4 l-'9 129
1 1614
171
400 4414 44 44
1G0 85 65 844
35 'i
1.1O0 -24 23 23
500 37 37 372
. .".'."" 15354
600 142 140 141
200 - 65 6554 6554
az 141 it
14 1454 13
42- " 41 41 2
i 9
48
20O 86T4 S654 86
29
45 44 54 44
7354 72 72
129V
55
14544
6S4
40
72
.'a
Test Million Gold Exports.
NEW YORK, March 20. Engagements of
gold coin for export to London aggregated
$2,100,000 today. Of this amount $3,500,000
was engaged by the Ouaranty Trust Com
pany and $300,000 by the New York Pro
duce Exchange Bank. These engagements
brought the total of gold engagements for
export on the present movement to $10,-500,000.
Dally Treasury Statement.
WASHINGTON. March 20. Today's state
ment of the Treasury balances In the gen
eral fund shows;
Gold coin and bullion f 43.81S.6S8
Gold certiflcares 40.649.515
Available cash balances 136,013,634
London Wool Sales.
LONDON, March 20. The offerings at
the 'wool auction sales today amounted to
12.119 bales. Including a large quantity of
crossbreds, which were soid readily and
principally to the home trade. Prices were
firm. Americans paid high rates for suit
able parcels of crossbreds as well as me
dium merinos. French buyers were active
In merino greasy. Cape of Good Hope and
Natal wool was dearer. Next week 50,000
bales will be offered.
FORAGE GOES TO ALASKA
SEATTLE HAS ORDERS -FOR HAY
AND OATS.
'
Supplies of Latter Secured in Al
bertaAnother IiOt of Au9- 1
trian Onions Received.
SEATTLE. Wash.. March 20. (Special!)
Estimates made today by grain shippers
show that 4000 tons of oats and $000 tons
of hay will be shipped north on the first
boat. Efforts are now being made to get
together that .quantity of oats before the
boat leaves. Dealers are placing orders
In Alberta for Canadian oats. The price
has now gone so high -that foreign grain
can be brought in and sold at a profit,
even after paying the duty of $9 per ton.
The hay market is weak and dealers do
not look for higher prices this season. Mon
tana shippers -have a lot of hay In thia
market unsold.
Eggs sold as low as 24 cents today.
Quite large quantities will be carried over.
A car of cabbage sold today at 40454
cents. This Is about the highest price of
the season.
Another shipment of 500 sacks of Aus
tralian onions was put. on tha street to
day. They came via Vancouver.
QUOTATIONS AT BAa FRANCISCO.
Pricea Paid for. Produce in-the Bay CltJ
Markets.
SAN FRANCISCO, March 20. The fol
lowing prices were quoted in the produce
market today;
Potatoes Oregon " Burbanks, $1.01.90;
sweets. $1.75102.
Onions $1.9002 per cental '
Millstuffs Bran, $28.50307' middlings.
13S.60Hi35.50.
Vegetables Garlic, 10c; green peas,
10c; string beans, nominal, asparagus. 3
c; tomatoes. 75c$1.25; egg plant, 2025c.
Butter Fancy creamery, 28 54 c; creamery
seconds. 2754c; fancy dairy, 2654c
Cheese New, 141454c; Young America,
14CT1454c: Eastern. 1754c.
Eggs Store. 22c; fancy ranch, 2Sc.
Poultry Roosters, old, $55.50; young,
$810: broilers, small. $4.505; broilers,
large. $5.50.51; fryers, $S.s0T.50; hens
$56 9; ducks, old, $4.505.50; young. $u&!
Wool Spring, Humboldt and MenOocinu,
165? 19c; Mountain, 5854c; Nevada, 9314c.
Hay Wheat. $23 26; wheat and oats,
$22(0 25.50; alfalfa. $1518; stock. $1216;
straw, per bale, 60 85c.
Fruits Apples, choice. $1.50; common. 60c;
bananas, 1&3.S0; limes, 77.50; lemons,
choice. $3; common, $1; oranges, $1.603;
pineapples, $23.
Receipts Flour, 2300 sacks; wheat, S cen
tals; barley, 1805 centals; oats. 1110 cen
tals; beans, 303 sacks; potatoes. 2805 sacks;
bran, 200 sacks: middlings. 150 sacks; hay.
SO tons; wool, 74 bales; hides, 40.,
FALLING ' OFF IN LOANS
SPECCTjATIOX AT A STANDSTILL
IX NEW YORK.
Iiarge Decrease In Deposits and Gain
In Cash Holdings Bring Surplus
Reserve Up to Higher Figure.
. NEW YORK. 'March 20. The Financier
will say:
The statement of the Associated Banks of
the City of New York for the week end
ing March 20 showed an unexpectedly large
decrease In loans and a correspondingly
heavy contraction in deposits. The actual
decrease in loans was $16,594,500. while de
posits fell $14,7OZ.OO0. The decrease In de
posits decreased the reserve fund require
ment by over S3.000.000 and this, added
to the gain of $2,359,300 In specie and legal
tenders, expanded the surplus reserve by
.039.OCO. bringing the latter up to $19.
433.275. .
Speculation is at a standstill and this,
together with the liquidation of current ob
ligations, accounts for the heavy falling
off In the loan itam. The New York banks
have supplied the Argentine Hepubtlo with
nearly $2,000,000 of gold on the present
movement.
State banks and trust companies decreased
their loans last week t6.97S.100; their net
deposits' fell oft $12,462,900. while specie
and legai tenders showed a reduction of
about $2,000,000.
The statement of averages of the Clrar-Ing-Honse
banks for the week shows that
the banks hold '$14,906,475 more than the
reserve requirements of the 25 per cent
rule. - This Is an lr.orease of $lr453.525 In
the proportionate cash reserve as compared
with last week. The statement follows:
Increase.
Loans $1,301,635,400 $3,718,800
Deposits .... 1.848.463.300 3,083.700
Circulation 48.5l,9O0 32 "OO
Legal tenders . . . 80,502, 7X 342 Sou
Pec'e 271,520.100 189.800
Reserves , 4.-.2.022.800 . . 532.4O0
Reserves required 337.116,325 920 920
Surplus 14.906.475 1.453 .T5
Ex-U. s. deposits. 15,519,873 1,461,000
. Decrease.
The percentage of actual reserve of the
Clearing-House banks tin 26.49.
The statement of banks and trust com
panies of Greater New York not reporting
to the Clearing-House shows that these ln
5ni'iJ?nnave "-esregate deposits of $1.
209.495.800; total cash on hand. $148,188
100 and Joans amounting to $1,070,089,000.
- Eastern Mining Stocks.
BOSTON, March 20. Closing quotations
Adventure . 754 'Mont C i C "1
Allouez 38 iNevada ... 1754
Amalgamated .. 68 5401d Dominion..' 4-2
Aris Com 34 iOsceola . .. 12"; 2
Atlantic 3354'Parrot 81 2
Butte Coal 22 iQuincy sn
Cal & Ariz 99 Ishannon ..!"' i?
Cal & Hecla. . . .615 Tamarack ... "77
Centennial 29 Trinity i-i
Copper Range... 74 lUnited Copper. 115i
Daly West 1054 U S Mining...." io
Franklin 14 u S Oil . -.X
Granby 90 iftah "" 3014
Greene Cananea. 9 54lVlctorla . . I
Isle Royale 25winona "... " 5
Mass Mining 4 (Wolverine . ""las
Michigan -9!North Butte. 67
Mohawk ....60 I (
NEW YORK. March 20. Closing quota
tions: Alice . . . ..200 Little chief 10
Brunswick Con. 6 Mexican en
Com Tun stock. 23 Ontario 401)
do bonds 13 tophlr " 100
C C & Va 62 Standard "l1
Leadville Con.. I 43
; ' -' 00 iieuow .jacaet... 75
1 1
Dairy Produce in the East.
CHICAGO. March 20. Butter Firm'
Creameries. 2229c: dairies. 20025c.
.Eggs Steady. Firsts. ISc; prime firsts
19c.
Cheese Firm. Dairies. 1554c;. twins, 15c
Toung Americas, 16 5c. "
NSW "YORK. March v!0. Butter Fine
grades further advanced., closing Arm.
Creameries, thirds to specials. 21fi31c.
Cheese Firm. State full creamery spe
cial. lS17c.
Eggs Steady.
Weakest Option in Chicago
Wheat Pit.
HEAVY SELLING BY LONGS
Bears Hate Market at Their Merer,
but Are Afraid to Extend
Their Operations Over
Sunday.
OHIOAGO, March 2e.-Only the caution
or the bears whr. , .
thwnr"".8": Prevented
tr-l.v Tn.. I "coming demoralized
today. The market was steady early in
a decline of 54c to
, thi Btart' Lower cables and
additional rala In Oklahoma and Southern
Aansaa rtrnmnrarl .in
- iu Duuic selling Dy tt1
VZ mlf' offerinSS were readily ab-
- cornet developed additional
weakness later in the day. the July de
livery teins under considerable pressure
by lngs. July showed the greatest loss.
During: the day the option sold be
vnJi1?2 n,J 103. while 3ay
1514 1.1524 and July at $1.03.
o.ir ?lce of cash corn declined one
cent. The market closed at- almost the
Ju.yTt' sl. M at 'c and
H,3akness,bf wheat and co
tt l4ta.w.eaJf:-tT01e ln oats- My clos
c and Ju'y at 8H4854c
v. a,da ln Provisions was active. At
o 1ZVt,VlC'S'' Wero flve cent higher
to 1254c lower.
The leading futures ranged as follows;
WHEAT.
Mav ,?',D K'f?;. - Low. Close.
. .-ii .t34 ' .f7
' COKN.
iff ft. s a
OATS.
May E4 .64 4 ' svl
&ept . -4 0 54 . 4 0 54 :.0&
MESS PORK."
Ma? 17.6254 17.65 17 40 17 47U
Ju'y " 5 17.65 17.i lUo
LARD.
May 10.10 10.1B 10 05 10 10
Sept 10.40 . 10.30 IO.I214
SHORT RIBS.
May -30 8.3254 9.2'54 9 30
July 9.4254 9 473 5 57?
sept. ,.6!2 l.tlU :Stl, iZ
Cash quotations were as follbws
k en.OU1 fteady. Winter patents, 5.30 &
Si .t,Jraint"' 5106.20: Spring patent?
ll:olit:lI; trBlht-'
Rye No. 2. 79c
Barley Feed or mixing, 64 0 65c fair to
choice malting. 6554 7c. "'B":c' Ialr to
1 ?u"Bed-N'0-.1 Southwestern, S1.S6: N'o.
1 Northwestern, $1.66.
Timothy seed 3.75z3.80.
Clover 9.
ork Mess, per barrel, $17.3754 17 40
Lard Per 100 pounds. $10. -
Short ribs Sides (.loose), $8.62549 12U
OrSfSSaVleSl" " 9"-50'
Total clearances of wheat and flour were
2?ual A. 3?10 bushels. Primary receipts
were 472,000 bushels, compared with 620,000
oushels the corresponding day a vear ago
Estimated receipts for Monday: Wheat. 89
4000 "head."0 C"''- 0atS " Cttr": hSBS'
. , Receipts. Shipments.
Flour, barrels 23.200 18 900
Wheat, bushels..., 82.800 B5 500
Corn, bushels 335.000 SOO.S00
Oata, bushels 229.100 234 400
Rye bushels 2.000 2,000
Barley, bushels ; 88,500' 24)600
Grain and Produce at Xew York.
aiI5SrT0K:- Marcn 20. FlourReceipts,
61.100 barrels; exports, 4700 barrels. Mar
ket dull and lower. Minnesota patentB
So.SOSiK; winter straights. .-,iai5.60: Minns
bakers, 4.404.75: Winter extras. S49
4.65: winter patents. $5.506: Winter low
3.404.55; Kansas straights. 4.55
"h,eat Receipts. 76,600 bushels; export.
80,600 bushels. Spot market easy: Kb 2
red 1.221.2aH elevator and 1.23 f.
o. b. afloat; No. 1 Northern Duluth, XI 24
f. o. b. afloat: No. 2 hard Winter. l
f. o. b afloat. Big world's shipments in
connection with easier cables, foreign sell
ing and favorable weather caused a half
cent break In wheat this morning. It dosed
54 jto-Sfcc lower. May closed $1.19 54 ; July,
T?llefw07"cro-,P"gSS " 1908 "OP-
traAIcafac80601"' 18H1C C
WoolQuiet; domestics fleece. 31 35c
tRnr3ieU"t,',t.eady: "fined New York.
$8.50; do Baltimore, 4.5o; do In bulk.
Grain at San Francisco.
SAN FRANCISCO, March . Wheat and
barley Unchanged.
Spot quotations
i7h5,e2h54P'n'' 1-9016v
.aeFee,i brewing,
$1-50 1.55.
Oats Red. 1.8t1.95; white. $1.9002
Call board sales
Wheat No trading!
Barley May, $1.4754; December, 1.2g
1.27.
Corn Large yellow, $1.6754 1.75.
European Grain Markets.
LONDON. March 20. Cargoes, quiet; buy
ers reserved. Walla Walla prompt ship
ment, 40s; do. California, 49a d. English
country markets easy at a decline of 6d,
French country markets, quiet.
LIVERPOOL. March 20. Wheat May. 8s
ld; July, 8s 3d; September, 7s lOd
. Weather, cloudy.
Wheat at Seattle.
SEATTLE. March 20. No milling quota
tions. Export wheat, bluestem, $1.16; red
$1.01: club. $1.06. Car reoelpts today:
Wheat, 1 car; oats, 1 car.
Wheat at Tacoma.
TACOMA. March 20. Wheat Milling
bluestem, $1.15: club, $1.05; red, $1.03.
Flax at Minneapolis.
MINNEAPOLIS. March 20. Flax closed at
1.61. ' .
PORTLAND LIVESTOCK MARKET.
Prices Current Locally on Cattle, Sheep and
Hogs.
The strength of cattle is the feature of
the livestock: market. Everything brought
in commands ready sale. Top grade steers
are strong at the recent advance and even
... ,11 v, iiijiiiy. 1 ne
tendency of the cattle market is upward
Hogs are also quite strong, and sheep nold
their- own. Receipts yesterday were 140
cattle. 150 hogs and 20 horses. Among the
cattle were 115 head from Sunnyside. Wash
shipped in by W. T. Matlock, of Heppner!
which were all fine, heavyweight steers and
brought $5.50.
Late representative sales were: 235 Iambs,
average weight 82 lbs., price $6.50; 20 steers.
1150 lbs, $5.25: GO medium steers. 1060 lbs
$5; 4 bulls, 1500 Rs., $3.50; 3 bulls. 1900
lbs. $2.50; T steers. 1160 lbs.. $3.50; 23
steers. 1300 lbs. $5.50: 23 steers. 1350 lba
$5. BO; 25 steers. 1000 lbs., $5.25.
The official quotations of the Portland
Livestock Exchange were as follows-
"V-TS steers. $5.25 5.50; "fair to
' 4' l6o-00; common to medium, $3 28
&4.50; cows. top. $4.25; fair to good. $3.50
SM.O0, common to medium, $2.50'S3 50'
calves, top. $5.005.50; heavy. $3.6040O:
$20T76 "J8S f"' "'0,-: common;
jSOGSLBMt'.,?7 K: falr t" tooO. $6.75
7.00: Blockers. $5.50136.50; China fats. $6 7.
SHEEP Top wethers.. $5.766: fair" to
good. $4,751 6.25: ewes. 5c less on all
grades: lambs, top, $6.506.75; fair to good,
$6.00 & 6.50.
Eastern Livestock Prices.
KANSA.S CTTT. March 20. Tattle Re
ceipts. :00. Market, steady. Native steers,
SAYINGS BANK
DEPOSITORS
And others having from
one hundred dollars up
which they desire to
produce an income in
proportion to the earn
ing power of money in
the Northwest should
consult me about the in
vestments I have to
offer.
Call or write
T. S. McGRATH
Lumber Exchange Bldg.
Portland, Oregon.
THE BEST STREET INSURANCE
IS THE BITULITHIC PAVEMENT
It insures against dust, mud and street noises.
It insures against slipperiness and falling hors.
It insures against cracks, disintegration and costly repairs.
It assures a sanitary and durable street.
It assures conscientious workmanship and best materials.
It assures perfect satisfaction.
BITULITHIC INSURANCE IS SAFEST AND SUREST
WARREN COSTRUCTION COMPANY
317 Beck Building, Portland, Or.
DOWNING-HOPKINS CO.
ESTABLISHED 1RBS
BROKERS
STOCKS --BONDS --GRAIN
Bought and aold far eavnh and n marrln.
Private Wires RCOBIS 201 to 204, CoUCh Building iSSj
5.00 8.85: Southern steers. $4.60.15;
Southern cows. 3.004.75; native cows and
heifers. S2.50 6 00: stockers and feeders,
3.75i5.75; bulls. 3.004.80: calves. $3.75
7.50; Western steers. 4.o0.6.50; Western
cows. $3.25 5.25.
Hogs Receipts. 4000. Market, stronr to
5c higher. Bulk of sales, $S.40(g 6.70; heavy.'
6 55 6.75; packers and butchers. $ti .IO
870; light. $6.20e6.60; pigs. $5.005.60.
SOUTH OMAHA. March 20. Cattle Tte
ceipts. 100. Market.- unchanged. Western
steers. 3.50tg5.75; Texas steers. $3.00&5.10;
JolS?.-,0"8 and "hellers. 2.754.85; canners.
2 O03.25r stockers and feeders. 13 0O
So32i JlX?' 3-257.25; bulls and stag..
.f5 ) 4.S5
Hogs Receipts. 7000. Market, steady to
higher Heavy, f6.50i96.75; mixed. 46.40
?60L ,lght' 6.100.55; pigs. 4.75
0. i d; bulk of sales. $6.350 6.55.
bheep Receipts. 1200. Market. steady.
Tearlings. 6.005 6.80: wethers. 5.O05 75
ewes, 4.755.40; lambs, $6.50 7. 40.
CHICAQO. March 20. Cattle Estimated
Sts' 300- Market, steady. Beeves. $4.60
7.00; Texas steers. 4.406.30; Western
Jl'JJi008-40: "outers and feeders.
i.40i8i5.3O: cows and heifers, $1.005.50:
calves. $6.008.00. " '
Hogs Estimated receipts. SO.000. Market.
S-6"?1"' L'8ht- $635(S)6.7S; mixed. $6.45
"eavy. $6.506.87; rough. $6,600
o.oo; good to choice heavy. $Q.60 6 87 -Pigs.
$5.2596.20: bulk of sales. $a.606 8o!
Sheep Estimated receipts. 2O00. Market.
taooy' Nt,v' $325 5.SO: Western. $3.50
5.90; yearbngs. $6.007.25; lambs, na
tive, $5.507.S0; Western. $5.50. 7.0.
Metal Markets.
NEW TORK, March 20, Metals were Quiet
ln the absence of cables.
Tin was reported steady at 28.30ig'28.50c.
Copper, steady. Lake, 12.5012.75; elec
trolytic, 12.12ii12.26c; casting. 1212.12Ho.
Lead -was quiet at 8.974.020.
Spelter, quiet at 4.754.717V4c
Iron, unchanged.
CURRICULA BOARD NAMED
Governor Benson Appoints A. " G.
Beals to Succeed A. W. Prescott.
SALEM, Or., March 20. (Special.)
Governor Benson today reappointed the
members of the Board of Higher Cur
ricula, which was made necessary by
the re-enactment of the law by the
special session. The board Is the same
as at first constituted, except that Ar
thur o. Beals, of Tillamook, a mem
ber of the House of Representatives
at the last session. Is named to suc
ceed A. W. Prescott, of. Salem, who
resigned to go to Washington as Sen
ator Bourne's private secretary.
C J. Smith, of Pendleton, will serve
five years; O. P. Cashow,' of Rose
burg, three years; Dr. J. R. Wilson,
Portland, two years; J. E. Hedges,
of Oregon City, four years; Beals, one'
year.
The board will hold its first meeting
at the Capitol on April 5.
m
Ladd Company Incorporates.
SALEM, Or.. March 20. (Special.)
Articles of Incorporation for the Ladd
Investment Company, with a capital
stock of $500,000. have been filed in
the office of the Secretary of State.
The incorporators are W. M. Ladd, S. B.
Linthlcum and A. E. Gebhardt. The
company will buy and sell real estate,
plat townsites, buy and sell railroads,
etcv'
- Governor Benson 5 1 Years Old. '
SALEM, 'Or.. March 20. (SpeciaL)
Governor Benson was 61 years old to
day, and although the fact was not
generally known, he was congratulated
by a number of friends, who learned
of the event during the day.
Chelialis Tidies Up for Visitors.
CHEHALIS. Wash., March 20. (Spe
cial.) A campaign to clean up the city
Is already under good headway in Che
halis, directed by the City Marshal and
City Health Officer, with the backing
of the City Council. It Is intended to
have the town present a tidy appear
ance to-all comers who are attracted by
the publicity campaign.
CHURCH TO SPEND $25,000
Corvallis Presbyterians Let Contract
for Imposing Edifice.
CORyaLUS, Or., March 20. spe
cial.) Bennes, Tobey & Hendricks'
plans for the new Presbyterian" Church
ln this, city were accepted today. Four
competing architects submitted ' plans,'
but the committee and congregation
were unanimously in favor of the ones
selected. The new church is to cost
$20,000, will be 60x91 feet, built of
brick and stone, and will be filled with
a $5000 pipe organ.
Sunset Mine Brings $40,000.
EVERETT. Wash., March SO. The
Sunset mine property, near Index, was
today bid ln at receiver's sale on judgment-
given creditors by Judge W. W
Black, of Everett, and Frank L. Bell of
Glens Falls, N. for $40,000. A meet'
lng of stockholders will be held and
plans formulated for reorganization.
Stockholders objecting to the sale did
not appear.
Cnehalis Germans Dance and Sing.
CHEHALIS. Wash., March 20. (Spe
cial.) The Chehalis Lledrkrang. as
sisted by a delegation of 50 from the
Saengerbund of Tacoma, gave a con
cert in German here tonight. There
was a large attendance. Chehalis being
the center of a large German popula
tion. A dance followed the concert.
Bush's Taxes $11,318.85.
SALEM. Or.. March 20. (Special.) A.
Bush today paid to the county $11,313.35
as taxes on his holdings in Marion
County. He is the largest taxpayer In
the county.
HARTMAJST
THOMPSON
BANKERS
CHAMBER OF
COMMERCE
issue 4 certifi
cates of deposit
in any amount.
Particular atten
tion is given to
this department
of the business.
VMmUtd Personal IAatnlitg
TRAVELERS CUIDK.
COOS BAY LINE
The steamer BREAKWATER leaves Port
land every Wednesday. 8 P. M-, from Aim'
ortn dock, tor Aiorth, bead, Marehaeid and
Coo Bay polntm. Freight received tlU 4 P.
M. on day of aaillng. Passenger fare, flrat
dass, $10; second-class. $7. Including berth
"n2 J? , Inquire citx ticket office. Third
and Washington atreeta. or Ainaworta dock.
Phone Main 268.