THE SUXDAT OREGOXIAN, PORTLAND, MAT O, 1909. 11 BETS ON HOP CROP y Wagers Freely Made on Size of Coming Yield. CONDITIONS ARE NOT GtiOD Herman K labor. However, Bets $250 That the Oregon Crop Will Be 90,000 Bales or Over. Market Is Improving. Hop dealers who have mad contracts with growers for 1909 hops are beginning to show unailnem over the probable crop outcome. Some of them have already closed new contracts to cover the expected de ficiency In original agreements and others sr preparing to take this step. The dif ficulty is to find yards or sections where there Is an assurance that a stipulated quantity of hops will be delivered. Tn the past week nearly all the Portland and Salem dealers have been Investigating conditions In the valley, either personally or by their agents. They all returned with one story that the crop Is In a critical condition. The chief cause of the trouble Is said to be lack of molnture. In some yards this trouble Is aggravated by poor cultiva tion. As for missing hills, they are reported to be more numerous than in former years. The bad reports are not confined to any one section, but all parts of the valley are effected. The old yards are the worst suf ferers, though new plantings have not es caped the blight. All kinds of estimates are being made in the trade as to the size of the coming Ore gon crop, ranging from above 90.000 bales to less than T0.000 balea Innumerable small bets have been made on the result. Testerday enthusiasm on this subject be came so warm that larger sums were staked. During an argument at the Belvedere Hotel, Herman Klaber made bets, aggre gating $230, that the Oregon crop this year would be DO, 000 bales or over. The bets, one of which was for $100 and three for 930 each, were taken by local dealers. Another Portland dealer made a wager with a Salem hop man that the yield would be under fin. 000 bales, the consideration In this case being 5000 pounds of new hops. The market for 1008 hops has been stim ulated In the past week, but rather by the lightness of supplies than by the poor crop prospects. Several deals have been made at 8 cents and one sale at 6 cents was closed yesterday. Less than 2000 bales of last year's crop remain unsold. The Eastern dealers are slow, as usual, to accept local reports of crop conditions, but when they finally come to a realisation of the situa tion they will, without doubt, have to buy on a higher market. t fornia. Siai.BO Der crate. Cherries. S1.2S02 per box. POTATOES Buying price, $3 per hun dred; new California. 4&414c per pound. SACK VEGETABLES Turnips. $1.25 PT Sack: carrots. $1.20; parsnips, $ 1.60 ; beets. $1.76; horseradish, 10c per pound, TROPICAL FRUITS Oranges, navels. $2.25 $3.25 per box, lemons, $1.764; grape fruit, I3.K0&4 per box; bananas, 5tttoo per pound; pineapples. $2.760. 25 per dosen; tan serines $1.76 per box ONIONS New, $22 &0 per crate. VEGETABLES Artichokes. 6'(& 75c dos; asparagus. Oregon, 75c per dozen; California, &tic per pound: beans, 12f 55c; cab bage, 34 per pound; cauliflower, $1&1.25 per dozen; cucumbers, 75c$1.50 per dozen; lettuce, hothouse. $11.25 per box; lettuce, head. 3050o per dozen; onions, 12 H 15c per dozen ; parslev. 33c per dozen ; peas, 3H95c per pound; radishes, 15 20c per dozen ; rhubarb, 2 JHo Pr pound; spinach. 90c&Sl: tomatoes. Florida. $2. 500 8.25 per crate; Mexican, $1.75 per crate. Dairy and Country Produce. BUTTER City creamery, extras, 24c: fancy outside creamery. 22 (g24c per lb. ; store, 18c. (Butter fat prices aver age 1 Vi cents per pound under regular but ter pricea) EGGS Oregon ranch, 242fo per dozen. POULTRY Hens, 14?16c; broilers. 28 30c; fryers, 22 25c; roosters, 10c; ducks, 14 (J? 15c; geese, lOtgllc; turkeys, 20c; squabs, $2.50 S 3 per dozen. CHEESE Fancy cream twins. per lb.; full cream triplets, IT full cream, Toung America, IS 18 Wo. VEAL Extras, v lc per pound; ordi nary. 8c: heavy, 742 tc PORK Fancy. 10c per pound. Portland. Seattle. Tacoma. 10O9 .-. ...$S.5H.V7J'I' $10,409.7:13 $4,547,ir4 1.108 5.925.601 7.735,903 4,186,946 1107 . , . . . 7,717,006 0. 139,822 4.783.652 1906 0.507,717 8637.56 8.7S7.817 1905 4,506,909 5.644.338 3,361,388 1904 8.302.459 4,018,397 2.003.505 ltit8 3.087.310 S.901,581 1,868.701 1902 2,747.384 8,268,633 1.15.124 1901 2,946.584 2,339,292 1,158,864 LOCAL GRAIN MARKET IS QUIET. Renewed Demand From the Bast for Flour Weekly Shipments. The wheat market was dull yesterday. Some club was offered at $1.20, but buyers would not bid over $1.18. Other varieties weer Quoted as formerly. There was a good demand for barley at the prices that prevailed during the week. Oats were steady and unchanged. . There Is' a fair volume of business In the Hour market. Some Jobbers are talking- of a probable advance In prices, but nothing definite has been announced by millers on this subject. There is a renewed Inquiry Yfrom the East for Pacific Coast flour. The quality wanted Is low grade, of which but a small amount Is available. The Merchants Exchange reports Russian shipments for the week as 3,152.000 bushels, and Danublan shipments as 488.000 bushels. Local receipts. In cars, are reported by the Merchants' Exchange as follows: Wheat. Barley. Flour. Oats, Hay 11 May 1-3 .May B May 4 May 6 May 6 May T Total this week. 2 12 2 , 4 8 9 ,82 Total last week.. 23 11 14 3 6 7 ia 67 88 2 7 It 0 6 4 27 20 2 S 9 4 84 46 HAT SUPPLY 18 RTOXTNO SHORT. Kaatevm Oregon Timothy Has Advanced to BSO a Ton. a The market for timothy hay has taken a harp upward turn, and Eastern Oregon timothy was quoted yesterday up to S20. All descriptions of horse bay are strong, but eairy hay continues dull with a slack In qmry. a ne supply or timothy has run short of the demand and the shortage Is likely to b scorns acute before new hay la available. The normal requirements of the Portland market at this time of year are 50 tons of tay weekly. In the week Just closed only 84 cars were received, while but 45 cars arrived last week. Receipts from now on can be expected to diminish. TOO M ANT KTRAAVR ERRXES RECEIVED A Good Many Crates of Florin Fruit Are Cterrled Over. Receipts of California strawberries yes- te relay were between 3000 and 4000 crates. T The demand was active, but this quantity proved to be excessive, and some 500 crates had to be carried over. Most of the sales were made at $1.25 to $1.50 per crate, but some poor stock did not bring $L The supply of Oregon berries was limited and they sold readily at 15 cents a pound. Green stuff of all kinds cleaned up. There was a good demand, particularly for to matoes. The potato market was quiet, but Just ai strong as ever. No transactions In the coun try over the $2 mark were reported. Hops, Wool, Bides, Etc. HOPS 1909 contract, 9c per pound; 190S crop, 8 1 8 -4 c ; 1907 crop, 1(5 4c; 1S0S crop, 1 4 c. WOOL Eastern Oregon, 16a81.c per pound; Valley, fins, 22 Vic; medium, 21 Vic; coarse. 20 Vic MOHAIR Choice, 24ff2oC per pound. HIDES Dry hides. No. 1. 16 G 17c lb. : dry kip. No. 1. 16 to? 16c pound ; dry calf skin, 18 & 19c pound; salted hides. 9 ff9 Vic; salted calfskin, 13 14a pound; green, la less. fdrk No. i sKins: Anrora goat, si to fl.25; badger, 25&Oc; beftr, $6&20; beaver, $6.50 S.M; cat, wild. 75c$1.50, cougar, perfect head and. claws, $3 10; fisher, dark, S7.&O011. pale. $4.90 ir 7; fox, cross, $$ to $3; fox, gray. 6Qfff0c; fox, red, $3-125, fox. silver. $35 to $100' lynx. $S&1G; marten, dark. $S12; mink. $3.50&5u0; musk rat, 15(g) 25c; otter, $2.50 4; raccoon, 60 75c; sea otter. $100 250 as to size and color; skunks, 55 SOc; civet, cat, 10(9 15c; wolf. S'2 rw 3 : eovote. 75c w si. 25 : wolverine. dark. $30 5; wolverine, pale. $22.50. LAauAKA DAniw 1'er pouna, o yo. REAP BIG PROFITS Liberal Selling of Stocks at the Advance. CHECKS UPWARD TENDENCY sterling exchange, steady, with actual busi ness- ia bankers' bills at $4. $61 534. 8625 for 80-day bills and at $4.87.15 for demand; com mercial Mils, S4.Sd94.86. Bar silver. 53V4c. Mexican dollars, 44c. LONDON, May 8. Bar silver Quiet, 24 7-10d per ounce. Money per cent. The rate of discount in the open market for short bills is 1V41 5-16 per cent; for three months bills, 1V41 5-10 per cent. Bank -Clearings. Clearings of the Northwestern cities yes terday were as follows: Clearines. Portland . $1. 071.48;. Seattle 1,747,658 Tacoma 78S.P15 Spokane 1,009,004 Clearings of Portland. Seattle coma, for the past week and corresponding week In former years were: Balances $74,275 208,432 r4.874 91,659 and Ta- BERRY PRICES BETTER SEATTLE MARKET CLEAXS TP . HEAVY RECEIPTS. But Market Shows Strong Absorptive Power and 3et Changes Are j Small Steel Preferred at Highest Price. . NEW YORK, May 8. A large distribution of speculative holdings f stocks -was ef fected today with the result of holding In restraint the upward trend of prices. The great volume of sales represented more sub stantial profits on purchase? than have been made at any time since the low level of prices touched during the panic of 1907. and during the period of extreme depression following. United States Steel preferred rose to the highest price of the year. The absorptive power of the market. In fact, proved effective In furnishing encouragement to the bull leaders In the speoulation. The profit taking of the first hour was followed hy renewed accumulation of stocks in the second hour In the expectation that a rising market at the close of the week would serve to attract new outside buying at the beginning of next week, tbus furnishing an opportunity for further marketing of holdings at the nign price now prevailing. Realizing was renewed at the end of the day. The copper stocks were still favorites In the speculation and were subject to rood rises along with other stocks. The move ment In the coppers was , conspicuous also In foreign markets. Reduction in the lole frelghtcar surplus for the second half of April was a favorable mnuence. it was noticed, however, tnat the reduction was traceable almost wholly to the increased movement of coal. The small net price changes, in view - of the great animation of the market, is testimony to the skin and persistence with which the demand was supplied. The decrease in the surplus reserve of the banks in the computation by averages evi dently reflected the operations of the week preceding, as tho actual surplus rose nearly S3.000.OOO, the Joint result of the cash gain ana small loan reduction. The loan item in he statement of averages by institutions outside the New York clearing-house In creased $9,126,000. Bonds were firm. Total sales, nur value. $3,600,000. United. States Ss coupon have advanced per ,cent on call. CLOSING STOCK QUOTATIONS. Closing Bales, iiign. First Shipment of Green Corn Ar rives Prom Honolulu Butter Market Is Firm. SEATTLE. Wash., May 8. (Special.) The demand for strawberries tort a v was better than it has been heretofore this sea son, and although the supply was heavy. everytning cleaned up In good shape at prloes slightly higher -than yesterday.-.- The top was SI. The first shipment of grean corn reached here from Honolulu today direct by steamer. This Is the first corn ever brought here from the Hawaiian Islands. The stock was in excellent shape and was disposed of In short order at 91 - per dosen. Cabbage has dropped "to " Si cents a pound. Cherrtea dropped to 15 and 18 cents per pound, or $2 a box. Veal buying pricea for next week will be but 6 cents for large and 9 oents the top for small. The purohaslng prloe on Spring lambs haa also been cut to 10 oents. Con siderable veal will be carried over unltl next week. , Poultry was in over-supply, but no changes In Quotations were announced to day. Butter is also unchanged. In the face of the Alaska orders already placed and those that will be placed somewhere in the Northwest next week, the market firm and a drop cut will probably not be made. Egg at, weak at 27 cents. Eastern re oeipts were heavy this week. QUOTATIONS AT BAN 1" KAN CISCO. Price Paid for Product in the Bay City C ITY MCTTBR IXSKI.Y KOIJ VP. , Preh Supply of Tillamook rhvese, Move Off at One. The city creameries quoted the butter market firm yesterday, and some of them were not able to nil all their orders. A good port of the surplus on Front street was also worked off. There was a large shipment of cheese from Tillamook, but It was gone by the clove of the day. Egg receipts wer not heavy and salea were made at 24 to 2i3 -cents. The poultry market dragged. Hens sold as Vow as 14 ta cents and ducks, which were more plentiful, slumped badly to 1413 cents. .Advaix In Provisions., , A new provision list, which goes into effect tomorrow morning, will ciuot ad vances of cent in hams and bacon. rORTIAND MARKETS. (araln, Flonr, Fd, Etc WHEAT Track prices: Bluestem milling. 11. SOjjl-35; club. Jl 20; Turkey red. II 2: j Valley. SI. 17; 40-fold. 1.2; red Russian. ll.!74 tri-20- - FLOCK Patents. $6 03 per barrel; straights. SX lo; exports. S4.70: Valley, S3. 30; graham. SotfC; whole wheat, quarters, S3 SO. CORN Whole, S3S per ton; cracked, 3 per ton. BARLEY Feed. $34 f 33 per ton. OATS No I hi(e, $0 per ton. WILLSTITFS-Bran. 3i per tor.: mid dlings. 133: shorts. :9u3-; chop. 4 (? 3 0 ; rolled bAHey. S36.T37 HAY Timothy. Wlllamett Valley. $149 IS per ton; Eastern Oregon. $ 1 8 'ii 2 0 : clover. $11012; alfalfa. J 13 "CI 14; grain hay, 13014; cheat. IllOlt (I; vetch. S14914.S0. Vegetable and Fruit. FRESH FRUITS Arples. 65e(32.50 par box. Strawberries. Oregon, ISO U.; Call- 8AN FRANCISCO. May 8. the follow ing prices v. ere quoted In the produce mar ket toaay: Onions Oregon, nominal. Jtlillstuffs Bran. t2S.50330: middlings. S33S35. pntBtaci Oeras Burbanka. S2.85ftp2.70 Saunas Burbanka. nominal; sweet. $1-80 fit 1 65. VeKetables Hothouse cucumbers, D0cl garlic, 8'd10c; green peas, 75ciy SI. 25; string beans, QttflOc; asparagus, oucursi.o; toma toes Slfel.Uu: rsi planl. 2042.'.o. Butter Fancy creamery, 24Vc; creamery seconds. 24e: fancy dairy. 2ii!C. Poultry Roosters, old, S4W5; young, $90 12; broilers, small, $2.50(3.50; broilers, large. $45.50; fryers. $768.60; hens. $50 10; ducks, old bo; young. Iltfl. Ezrs Store, 2tc: fancy ranch, '21 &c. Cheese New, 13Va14c; young America, lRU,17c. Wool South Plains and San Joaquin, 10 ?16e: Mountain. (Wiloc: Nevada, 13-18c. Hay Wheat. -2327: wheat and oats, $2-.'i'J5; alfalfa. $1317; stock, 711: atraw, per bale, Guts-85c. Fruits Apples, choice, SI. 60; common, 60c: bananas, 7fc&-$3; limes. $4.506; len-.ons, choice. S3. 25; commons, $1;. oranges, Sl.25ir3.00: pineapples, i.ftf. Receipts Flour, 2218 sacks; barley, 4630 cental; potatoes, 1067 sacks; bran, 20 sacks hay, SO tons; wool, 557 bales: hides, 1705. Dried Fruit at New York. NEW YORK. May 8. Evaporated apple steady, with fancy 89fic; choice 7 7c; prim 6g6Hc; common to fair The local market for prunes Is somewhat Irregular and unsettled, but the undertone is firmer than It was. owing to bullish ad vices from the Coast. Quotations rang from 2Uc to 12c for new crop California prunes and jrom 8He to 9o for Oregon 40-oOs to 20.30s. Apricots are steady as the result -of light offerings, with choice 10fl0c, extra cholc 10iiloic. fancy 11 till 3c. Peaches are in moderate demand, with choice quoted at 66c, extra choice 64 4jeic and fancy at 7jSsc. Raisins are somewhat steady, with loose Muscatel 8440. choice to fancy seeded 4(tf0c. seedless 35:C,-- and -London layers at $1.2001.30. Coffeo and Sugar. NEW YORK, May 8 Coffee future closed Inactive, net unchanged to five points lower. bales were reported of 750O bags, including Jun at 6.700, and July at 0.85c. spot quiet. No. T Rio 8c; No. 4 Santos S?9c: mild quiet. Cordova 9$12o. f?ugar naw steady. Fair refining S.86c centrifugal 06 test 3. SOc; molasses sugar a. lie r.snnea steady. No. 6, 4.45c; No. 7, 4.40c; No. 8. 4.35c; No. 0. 4.30c; No. -10, 4.2Sc; No. -11. 4.20c; No. 12. 4.18c; No. 13, 4.10c; No. 14. 4.10c; confectioners' A. 4.T5o rnold A. 5.30c: crushed, 8.65c; powdered. o.vuc; granuiatea, .uoc liondon Wool Sale. 1O.NDON. May 8. A miscellaneous assort ment of 13.110 bale wa offered at tha wool auction ' sale today. Competition was brisk and firm. Price ruled strong for all grade exept Inferior scoured, which were easv. The continent was a keen bidder for nterin.a ani Americans took light greasy combing and fln cross-bred. Home traders were eager buy- DECBEASE IN CASH RESERVE. Banks Now Hold Abont Seven Millions Orer Requirement. NEW YORK. May 8. The statement of the clearing-house banks for the week shows that the banks hold S7.627.450 more than the re quirement of the 25 per cent reserve rule. ThI 1 a decrease of S3.579.7AO In the pro portionate cash reserve a compared with last weea. The statement follow: Decrease. Loans I1.S46.484.000 "9.12,50O JLHVO1l9 1.3:lS0.8fW 0.227.OtO Circulation ....... Legal tenders . . . . , Specie Reserve Reserve required . Surplus Ei-U. S. deposits 49.1 79.O0O 77.672. 600 280.001.300 356.673.900 S49.046.450 7.627.450 8.228,350 37.SOO 766. 6O0 508. 400 1. 273.000 2.206.750 3.579.750 3.567.050 the Increase. , The percentage of actual reserve of clearing-house banks today was 25.82. The statement of the banks and trust corn- pan lee of Greater New York not reporting to J the clearing-house shows thst those lnstltu- 1 tlons have aggregate deposits of SI. 288. 422.900: total cash on hand. $145. 826,100. and loans j amounting to ,vw. Daily Treasury Statement. WASHINGTON, May 8. Today tate- ment of the treasury balance In the general tuna is as roiiows: Gold coin and bullion. $44,014,484. Gold certificate, $37,839,870. Available cash balances. $128,843,810. Allis Chslmers pt 1,000 51 84 40 , 36 4 79 66 4 67 42 41 17 68Ts 95 H 110 184t 141 14 103 i, 37 52 109 14 104 128 116 500 400 2O0 12.S00 500 B.900 100 400 ""806 S.O0O 1.000 1.5O0 100 2.800 12.4O0 2.100 100 1.600 Amal Copper .... 24.600 Am Agricultural.. 600 Am Beet Sugar.. 2,000 Am Can pf 2.800 Am Car & Foun. '3.000 Am Cotton Oil.. 3.S00 Am Hd & Lt pf. 500 Am Ice Seeurl.... 1.O0O Am Llneeed Oil.. 300 Am ILocomotlve. . 2.70O Am Smelt & Rat. 23.800 do preferred ... 1.400 Am Sugar Ref . . . 500 Am Tel r Tel.... 2.500 Am Tobacco pf . . 2,500 Am Woolen 300 Anaconda Mln Co. 8.400 Atchison 16.600 do preferred ... 10O Atl Coast Line... 300 Bait & Ohio...... 8,600 do preferred Methlehem Steel .. 2.500 Brook Rap Tran. 9,800 ' Canadian Pacific. 1.400 CentraJ Leather. . 1.6O0 do preferred ... 500 Central .of N J... 1.000 2H1 Ches V Ohio 11.200 78V4 Chicago & Alton.. Chicago Gt West. Chicago & N W. . C. M 4 St Paul.. C, C. C 4 St L. . Colo Fuel & Iron Colo & Southern., do 1st preferred . do 2d preferred . Consolidated Gas. . Corn Product . . Del A Hudson t & R Grande . . . do preferred . . . Distiller 6ecurl.. Erie do 1st preferred, do 2d preferred. General "Electric Gt Northern pf... 8.4O0 146 Gt Northern Or.. 4,200 73Si Illinois Central ... l.SOO Interbormigh Met. 1.600 do preferred ... Inter Harvester..'. SOO Inter-Marine pf. .. 600 Int Paper 100 Int Pump 4.000 Iowa Central .... 50O K C Southern S.300 do preferred Louis & Nashville 3O0 130 Minn & St L aoo M. St P & S S M. 400 Missouri Pacific.. 4.60O Mo. Kan & Tela 10,000 do preferred .... 10O National Biscuit National Lead . . . 2.900 Mex Nat Ry 1 pf N T Central 14.800 1 33 N Y. Ont West. 1,100 4 Norfolk West. 200 North American..' 300 Northern Pacific ",100 Pacific Mall SOO Pennsylvania ...... 6.100 People's Gas 1.O00 114T4 P. C C ft St L Pressed Steel Car. 1,900 43 Pullman Pal Car Rv Steel Spring.. 900 44-, Reading 159.300 0534 Republlo Steel ... 1,700 2714 do preferred ... aw Rock Island Co.. 22.5O0 do preferred ... ,3W S. L & S F 2 pf. 400 St L Southwestern 400 do preefTred ... 600 Bloss-Sheffleld S SOO Southern Pacific 9, 200 do preferred . . . 600 Southern Railway. S.600 do preferred . . . Tenn Copper Texas & Jftem.. Tol. St L ft West. do preferred . . 27 79X4 181 104 ft 704 182 14 152 A 75 4H4 65 4 84 - 138" 24 186 61 T 87 89 32 50 40 160Tf, 147 16 464 82 25 13'4 41 33 4654 137 75H 43 Ti 73 H Low. 60 83 40 35 78 H 54 eR"-! 424 40 17 68 93 1101, 134 V4 140 102 3H 51JJ 108 104 127 115 . " 26 ' 781 181 30 104 189 77T4 70 182 150 75 4014 66 - 84 isr ii 2354 184H B8 39. 32 49 40 160 115 72 1464 16 46 1SH 41 32 46 i39 67 137 M, 74 43 73 & 89 88 1324 4S 01 14 82T4 145 30 133 114 91 144 30 135 87 30. 72 46 25 60 81 . 123 125 29 68 46 84S4 61 1.000 B.lOO 3.1O0 3O0 400 TJnlon Pacific .... 200 189 do preferred ... 1O0 96 U 3 Realty BOO T S Rubber 5.100 U S Steel ; 100.600 do preferred ... 6,100 TTtah Copper 6.500 Va-Caro Chemical. S.400 Wabash 2.200 do preferred ... R.2O0 Western Md 6.400 Westinghous Elec 1.000 Western Tnlon 6O0 Wheel I. Erie.. 1.OO0 12T4 12 Wlseorwin Central. 200 68 58 Total sales for the day. 657,600 share. BONDS. NEW YORK, May 8. Closing quotations: U. 8. ref. zs reg.mi'D K u 4S n do coupon 101 IN Y C G 3 Ha... 93 U. S. Ss reg 101 North Pacific 3s. 74 80 40 6S 120 53 MS 20 .53 28 84 78 12 42 "43 161 26 86 29 71 45 25 60 80 122 1" 125 29 6S 45 34 '.4 61 69 "5 80 38 llt4 62 51 20 62 26 83 Bid. 50 84 40 35 78 55 60 42 41 16 68 93 110 134 140 103 30 ?1 K9 104 127 116 94 26 79 180 1" 104 lfll 78 6 5 181 151 74 40 65 84 81 137 23 184 61 87 39 32 49 40 160 146 72 146 16 46 81 25 13 41 82 45 72 139 58 137 74 43 73 105 88 50 132 48 91 82 145 30 135 114 90 42 187 43 151 2S 86 29 71 45 24 59 80 122 125 29 68 45 84 61 69 188 PORTLAND I.IVKRTOCK MARKET. Price Current Locally on Cattle, Sheep si Hog. Livestock receipts were lleht -yesterday and trade In general was rather slow. The cattle market was strong at last prices. A shipment of 14 oars of California cattle is due tn coming week. Hoirs ruled firm. but sheep and lambs dragged, because of the recent free arrivals. Receipts at the yards yesterday were 37 cattle and 3 it sheep. Late sales at the yards included: 212 mixod sheep, average 89 lbs., $4.25: 16 lambs, average 62 lbs., $5.23; 85 sheep, average 89 lbs., $4; 1 steer, 880 lbs.. $5.25; 25 steers, average 118 lbs., $4.90: 1 cow. 900 lbs., $4: 87 lambs, average 66 lbs.. o.do -is steers, average iu9 ids.. 34.86: 1 stag. 1075 lbs., $4; 2 bul 1b, - average 1175 ids., id is cows, average 9tx lbs.. S3. 90. Local prices quoted at the yards .yester- aay were as zoiiows: CATTLE Steers, top. $5.60(gl5.75; fair to Kooa, eo.uuta'D.zs; common to gooa. 94.&UQ 4.75; cows, top,' $4.26 32 4.50 ; fair to good. td.iotvt.zs; common to medium, SB.b0ffip3.liu; calves, ton. 15.00 tfh 5.50 heaw. URAAtini)! bulls and stags, $3.003.60; common, $2.00 ta 3. id. HOGS Best. S7.607.75; fair to good. $7.257.50; stockers. $6.006.60; China. lats. lti.1081'7. SHEEP Top wethers, $4. 00 4.60; fair to good, $3.504.00; ewes, c lea on all grades; yearlings, best, $4.50; fair to good. $4.00(4.25; Spring lambs, $5. Eastern Livestock Market. SOUTH OMAHA, May 8. Cattle Re- ceiDts. 100. Market, unchanged. Hogs Receipts 4700. Market. 5t510c higher. Heavy. $7.057.25: mixed, $6.907.O0; light, rt. 75(fi7 Of. : bulk. SB.85&7.05. Sheep Receipts, loo. . Market, steady. Year lings, $B.75ca6.75. KANSAS CITY, May 8. Cattle Receipt. 300. Market, steady. Native steer. S5.256.80; do cows and heifers, S3.00S.25: stockers aad I feeders.; 83.7535.83;! bulls. $3. io0a.o; calves. S3.607.00; western steers, 'Ki.'td'a-ti.ou; west ern cows. S3, totoo.oo. Hogs i-Recelpts, SnOO. Market, strong to 5c hltrher. Hulk. S6.75(S7.26: heavy. S7.15(ffi7.30: packers and butchers. $a.90&7.25; light, $6.60 &T.U&; plge, ad.-fD'so.i-i. No sheep. - -- - CHICAGO, May 8. Cattle Estimated re ceipts, 100. Market, steady. Beeves. S5.OO0 7.25: Texas steers. S4.tKm0.8O: w estem steers. S4.7oe5.76: stockers and feeders. S3.604J5.80: cows and heifers, $2.406.25: calves, $3.00 7.00. ' '" Hogs Estimated receipt. 11,000. Market. 6c higher. Light, $6.857.25; mixed. S6.957.35; heavy. S7.O0C&7.40: rough. S7.O0-ai7.16; good to j choice heavy, $7.1537.40; pigs, $5.756.70: Duiit 01 sale, st.xiraui.iv. Sheet! Katlmatea receipt. ivw. xaarxei. teadv. Native. S3.9Off6.50: Western. S4.00O 6.50; yearlings, s6.Z5(a7.oo: lam 03, native, fe-zo ft-9.uo; western, so.ou'Gtf.ao. Grain and Produce at Xew York. NEW YORK. May S. Flour Receipts. 13.300 barrels; exports. 6600 barrels. Dull and ' unsettled. Minnesota patents, $6.20(0 6.50; Winter straights, $5.906.20; Minne sota bakers. $4.g0'alo.30; winter extras. $4.455.10; Winter patents, $66.40; Win ter low grades. $4.S0tix5. Wheat Receipts. 13,000 bushels; exports. 3000 bushels. Spot steady. No. 2 red, $1.43 rffil.45 elevator: No. 2 red. $1.45 nom inal f. o. b. afloat; No. 1 Northern Duluth, $1.84 f. o. b. anoat; No. 2 hard winter. S1.S4B 1.84 f. o. b. afloat. A break the Kansas drouth and weak Llvernool cables prompted a sharp decline in wheat today, tn marKet closing o to io net lower. There was consiaeraoie liquidation by people .who had bought on the crop report yesteraay. may ciosea i..3d; juiy, SI. 20 (S1.21 ; September closed $1.13. Hops Dull. State common to choice. 1908, 10(8 14c: 1907. 36c; Pacific Coast, 1908. 8 11c: 1807. 3(nbc. Hides Firm. Bogota, 2031c; Central America, 21c. Wool Steady Domestic fleece. 3135o. Petroleum Steady. Refined. New York, $8.50; Philadelphia and Baltimore, $8.45; do. in bulk, $4.90. 39 57 119 52 51 20 52 27 83 ii 58 do coupon. . . .10: TJ S new 4s reg. 119 do coupon. .. .120 Atchison ad 4s. 101 North Pacific 4s-102 rnion Pacific 4s. 103 Wlseon Cent 4s. 95 Japanese 4s..... 85 Stocks at London. LONDON. May 8. Consols for S5: do for account. 85 1-16. anaconda 10N. Y. 'Central 135 aicmson iivm rtorriit at west.. H4 do nref..' 106 do nref 81 Bait Ohio USHIOnt ft West. t an Pacific .ls; .Pennsylvania . 80lrtand Mines.. 5Read!ng .154 Uouthern Ry.. . 12 I do pref . 53 l!outh Pacific. . 90!L-nlon Pacific. . 32 I do pref . 50 U. S. Steel... .40 I do pref . 21lwabash .150 I do pref. . .143 Spanish 4s... . 44 I Amal Copper. Ches ft Ohio. . Chi Grt West. C. M. 4 S. P. . De Beer . . . D ft R G do pref. . . Erie do 1st pf . . . do 2d pf... Grand Trunk. ill Central L ft N Mo K ft T... money. . 50 . 70 . 8 . 7R . 30 . 70 . 30 -14 . lou . 59V. .125 . 20 . 53 . 98 . 87 . European Grain Market. LONDON. May 8. Cargoes, easier; buyer reserved. walla walla, on passage, 20. lower at 43. , English country - mar-nets, oa nigner; French country markets, steady. LIVERPOOL, May 8. Wheat May, 9s d; July, vs d; September, e oa. weather. fine. . Eastern Mining; Stocks. BOSTON, May 8. Closing quotations: Adventure Alloues Amalgamated Arlx Com Atlantic Butte Coal 2TiParrot 9 I.Mohawk 64 42 IMont c ft C 25 83lNevada 21 45lold Dominion... 54 10Osceola 135 Cal Arlx. . . .104 Qulncy Cal ft Hecla. . . .630 Ifohannon 7... Centennial 31TamaracIc ... Copper Range... 80 llrlnity Daly West 9!U. S. Mining. Franklin 15iU. B. Oil Granby I0lutah Greene Cananea 11 I Victoria ..... Isle Rovale 28 (Winona Mass Mining.... 15 Wolverine ... Michigan- 1 INorth Butte.. 34 . .. U2 ... 16 . .. 73 ... 14 , . . .12 . .. 42 'i ... 5 ... t .. .148 . . - 67 NEW YORK, Alice 260 Brunswick Con. 6 Com Tun stock. 27 do bonds.. IT .- C & V .70 Horn Sliver .- 63 Iron Silver 123 May 8. Closing quotation: Leadvllle Con... 45 Little Chief 10 Mexican 82 lOntarlo .........425 lOphlr 150 Standard ....... 175 'Yellow jacket... 63 Portland, Baker City & Butte Electric Railroad Co. Will Pay 3 Interest "We offer $150,000 of the Two Year Coupon Notes of this Company in amounts of $200 or $1000 each at 10 per cent discount, and paying 8 per cent interest semi-annually. These notes are secured by the control ling interest of the stock of the Portland, Baker City & Butte Electric Railroad Company, amounting to $1,005,000, which stock is fully paid and non-assessable by bonds. When this control is sold, $150,000 is to remain in the hands of the American -Bank & Trust Company, which is now the trustee for the controlling stock which is held in escrow, to be sold in conjunction with a bond issue which is now being negotiated with a large Eastern syndicate. . .. These notes will prove a safe and profitable investment, as the money derived" from their sale will be used entirely for engineering and the se curing of rights of way which will also be a valuable security. For sale at the offices of the Portland, Baker City & Butte Electric Railroad Company. , j..,,.,.,. 1 303-303 Beck Building, Portland, Or. THE BEST STREET INSURANCE IS THE BITULITHIC PAVEMENT It insures against dost, mnd and street noises. It insures against slipperiness and falling horses. 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 S17 Beck Building, Portland, Or. DOWNING-HOPKINS CO. ESTABLISHED 1893. BROKERS STOCKS-BONDS-GRAIN Bonet and sold for cash and am aursU Private wires Rooms 201 to 2Q4, Couch Building Telephone M S35 A. 2237 DROUTH IS Rain in Kansas Causes Heavy Selling of Wheat. BAD SLUMP AT LIVERPOOL Daliy Produce in the East. CHICAGO. May 8. Butter Steady. Cream- erlw. 2'q!c: dairies, iun:z4v.c. ' Egge Steady; at mark, case included. firsts. 20tc: prime nreis. 21c. Cheese Steady. Dalsle lfiiAe: twins. 14t4 (tlCc; Young; America. 1&1c; long norns, 144(b.a4c. Jaly Drops Nearly Four Cents Dur ing the Day at Chicago. Distant Options Are Not So Weak. CHICAGO. May 8. Trader In ths -wheat pit appeared much at ea today. Am a con sequence, the volume of trade was not eo large a on the previous session. The feature of trade was the heavy selling- pressure to which the July delivery wa subjected, and its relative weakness compared with the more distant option. At the low point today to July delivery wsa 8c below tfce hlgrh prloe of th preceding session, while the more de ferred options showed a lo of less than 8 cents. The market opened weak at losses of 1V.O to 21tc. with July at Sl.16t31.16 and September at L061.07. . A slump of 2 pence In the price of wheat at Liverpool and report of rain In Kansas and other 'Sections of the Southwest, prompted heavy realising during early trading. The market closed weak, with Julv at J1.14'',61.14 and September at 1.064. Final Quotation on Xecember ' were at S1.053 1.05H. The cor market wa weak all day. The early deliveries displayed the greatest weak ness. Closing price wer V.B to Tiiaic below yesterday's finals. May at 72c and July at 68W(S68C. . The oats market was weak all day. closing only a trifle above the low point at net de clines of Vtg toJc with May . at 68)c and July at 51 34c The weakness of corn led Ho considerable speculative selling of provisions, particularly of lard, which resulted- In a heavy tone all day. At the close prices were 67c to lOfto ima me previous nnisn. . The leading future ranged as follows: WHEAT. Estimated receipts for Monday: 'Wheat, 6 cars; corn, 143 cars; oats, 169 cars; hogs, 34.000 head. . Receipts. ... IS, 100 . .. 6,000 ...H3.800 ...164,100 ... 2,000 . .. 87,500 Flour, barrels. . . Wheat, bushels.. Corn, bushels.... Oats, bushels.... Rye, bushels.... Barley, bushels. . Shipments. 16,900 39,600 101.100 186,600 7,100 81,000 G&AND CKMTBAL STATION. Boatnexm cdflo. Lavlnc Portland- Roseburg Passenger. .... Cottage Grove Passenger. California Express Ban Francisco Jxpress. ...... West Side Corvallls Passenger. ....... Slierldan Passeuger. .... Forest Grova Passenger. ....... , Forest Grova passenger. .... .. Forest Grove Passenger Arriving Portland Oregon Express. Cottage Urov Passenger.. ... Roseburg Passenger. Portland Express. . , West Side Corvallls Passenger. Sheridan Passenger. .... Forest Grove Passenger. , Forest Grove Passenger....... Forest Grov Passenger....... 8:15 a. m. 4 :15 p. m. 7;43 p. m. 1:80 a. m. 7:20 a.m. 4:10 p. m 8:50 a. m. 1 :00 p. m 8:40 p. m. T:1B a. m. 11:30 a. m. 6 :30 p. ro ll :15 p.m. 6:20 0. m. 10:80 a. m 8:0O a. xn. 11:50 a. m. f 4:50 p. m. Oregon Railroad ft Navigation Co. Leaving Portland Pendleton Passenger. ........ .... Chicago-Portland Special. . Spokane Flyer Kansas City A Chicago Express. Arriving Portland Spokane Flyer. ................. CAL Kan. City & Portland Ex. . Chicago-Portland Special Pendleton Passenger 7:45 a. m. 9:15 a. m, 7 :00 p. m. 8:O0 p. m. 0:00 h. m. 7:20 a. m. 8:50 p. m. 5:45 p. m. Northers . Psclne. .Leaving Portland Tacoma and Seattle Express..-.. North Coast & Chicago Umi ted. Overland .Express Arriving: Portland Korth Coast Limited. .......... . Portland Express Overland Express 8:80 a. m. 2:00 p. ro ll :43 p. m. 7:00 a. m. 4:15 p. rn, 8:35 p. m. Astoria ft Colombia River. : Grain at Saa IVancisco. SAN FRANCISCO. May 8. Wheat Barley Steady. " Spot quotations: Wheat Shipping, milling. (2.1032.20. Barley Feed. 81.52 1.60 brewing, 81.62 1.65. Oats Red. 2.0542.15 per cental; C2.152.25: black, nominal. Call board eales: Wheat No trading. 82.10 2.15 per cental; per cental; Wheat at Seattle. BE ATTI.T3. May 8. No milling quotations. Export wheat, bluestem. 81.24; red, 81.00: club, fl.14. Receipts Wheat, 6 car;- oats, 2 cars. ' - : Ooen. May 1-I84; July 1.16 Sept 1.07 Dec 1.06 NEW YORK, Creamery specials, tras. 2cr'ic. Cheese Easy, unchanged. Egg Steady. May 8. Butter Weak. 2.b;2bc; tmra to ex- Xevr York Cotton Market. NEW YORK. May 8. Spot cottoa closed quiet. Mid-upland, lu.aoc; mia-iiuir, 11.1&0. Sales. Si 6 bales. Futures closed steady. Clos ing bids: May. l.62c: June, 10.42c: July. 10.38c; August, 10.30c; September. 10.26c; Oc tober, 10.25c; November and December, 10.21c; January, lu.ltc; .waxen, lo.uc. May , July Sept JJec. ... . . May July Sept May .. July... Sept... .7H .694 .67 58 hi High. 8M84 1.16 1.07 1.06 CORN. .73 .69H .671 OATS. 56H .514 .44 51 -44 W Low. 81.2714 1.14 1.06 1044 11 689, .67 .B8 .68 -5H4 .44 MESS PORK. 18.07 18.05 18.10 18-10 LARD. 18.00 18.00 Closs. 81.27 1-14 1.06)4 1.0514 .72 - 68H -67-4 -68H 61 . 17.85 18.00 18.00 Money Exchange, Etc. FRANCISCO. May 8. Silver bar. Wool at St. Louis. ST. I.OCTS. May 8. Wool Firm. Territory and Wstern medium. 520c: no medium. lSS22c; fine. ls18c. SAN B3c. Mexican dollars. 47c. Drafts "Sight. 2 He; telegraph. Be. Sterling on London, 80 days, 84.8614: sight, -S7i. NEW YORK. Msy 8 Money on cell nom inal. Time loans, firm; 60 days. 2K'S,2t4 per rent: 80 day. 2ti2 per cent; six month. StfA per cent. Prim mercantile parn, 814- nsr eent: Metal Markets. . NEW YORK, May 8. The metal markets were quiet as usual, in the absence of cables. Tin quiet. 20.25'?'89.60c. Copper firm; lake 1313.25c; electrolytic 12. 62 "A ( 12.87 He. and casting 12.50 12.75c Lead, firm. 4.23ft 4.27 tic. Spelter, steady, 5.02 V4 3-UiHC. iron unchanged. May.... July.... Sept.... 10.47V4 10.60 10.S7V4 10.471 10.80 10.87V4 10.60 May. . July Sept 9.85 9.90 9.97H $6,309 Southern Doctors to Meet. GKAJJTS "PASS, Or, May 8. (Spe cial.) The Southern Oregon Medical Association, . comprising members in Josephine, Jackson, Douglas, Lake and Klamath Counties, -will hold its annual meeting In this city next Tuesday. Among the speakers will be Dr. A. B. Pierce, of Portland, who will discuss tuberculosis; Dr. It. C. Coffee, of Port land, who will take us tha subject of .cancers. 10.47 10.60 SHORT RIBS. S.90 9.90 9.85 9.9S 9.96 9S7V4 10.02--4 10.02 9.74 Cash quotations were as follows: Flour Steady. Winter naronti 6.60: Btraights. 85.808.26; Spring patents. Rye No. 2. S686c Barley Feed or mixing. 68 4j 6 Ho; fair Flax seeti Xo. 1 Southwestern, $1.58 No. 1 Northwestern, $1-68 H. Timothy aee-d $3.80. Clover $.54). Pork M-33S, per barrel, J17.S5 Q 17.95. Lard Per 100 pounds. $10.32 Short rlb Sides (loose), $9.78 10. Sides Short, clear (boxed), $10 10.75. Grain statistics: Total clearances of wheat and flour were equal to 1 4 8.000 bushels. Primary receipts w-sr-e 178.000 bushels, compared with 21 SOO Dusneis mo corresponding aay a year ago. Wheat at Tacoma. TACOMA. May. 8. Wheat MUHrur. blue stem. $1.251.S0; club, $1.14; export, blue stem. $1.24; club. $1.14; re-i, 81.09. Bonds Investments. CALL OR WRITS T. S. McGRATH Lumber Excl-anfre, PORTLAND. OREGON. Leaving- Portland Astoria and Seaaida Express. lialaler .Local Astoria Passenger. . . Rainier Local ..... Arriving Portland Rainier & Portland Local. Seatide tfc Portland Paasenger. Rainier and poruana icai Seaside & Portland Kxpress, . .1 8.00 a. m. ,.. 1-15 p.m -i:uu p. m. 1:20 p. m. 9:05 a. m. 12:15 p. m. 0:10 n. m. ,;10:0O p. m. Canadian Padflo Railway Co. Leaving Portland C P. R. Short Lin via Sopkane 7:00 p. m. Via Seattle 11:45 p.m. Arriving; Portland C. P. R. Short Line via Spokane 9:00 a. m Via Seattle 7:00 a. m jEFFER8Qy-8TREET STATION. - Southern Pacific . Lea v Ins: Portland Dallas Pasinfer I 7:40 a. m Iallas Passenger. .-.--. .f 4;15 p. m. Arriving Portland- I Dallas Passenger.. 110:13 a. m. Dallas Passenger. 5:60 p.m. ELHVKM'H A'D HOYX 6TBI FASSSSi (,-li.it STATION. Spokane. Portland fe Seattle Railway Co. T .onlna' "Dni M - fl ri Inland Empire lux press 9:15 A. M. For Chicago, St. Paul, Omaha, Kansas City, St. Louis, Billings, Spokane, Cheney, Lamont, Washtucna, Kahlotus, Pasco. Roosevelt, Granddalles, Lyl, White Salmon.. Stevenson, Vancouver and intermediate, stations. Korth Bank Limited 5:40 P.M.. For Chicago, St. Paul, Omaha. Kansas City, St, Louis, Billings, Spokane, Cheney, Lamont, Washtucna, Kahlotus, Pasco, Roosevelt, Granddalles, Lyle, Goldendale, White Salmon, Stevenson, Vancouver and . North Bank Limited 7:30 A.M. r TOm UQlCHIfu, D- x--s-niaua, JV4UMM City, St. Louis, Billings, Spokane, Cheney, t .mflMt waahtucna. K.ahlotus. Pasco. Roosevelt, Granddalles, Lyle, Ci-oldendale. White oaimon, bibvodbuu, v uutuuvw aui inierniouivj M Inland Empire Express 9:00 P. M. From Chicago, St. Paul, Omaha, Kansas City, St. Louis, Billings, Spokane, Cheney, "VA." ahtiipua Irahlntui. Pia -: Rooseve'lt. Granddalles, Lyle. White Salmon, .-..M.nn Vuni-nn I'ep Bnd lnlarmodlata tatlon. HART3IAN TH03IPSON BANKERS CHAMBER OP COUMEBCB invite your gen eral banking ac count. To this end, they offer the advantage of re liable, careful and modern methods. TMHmitMdPencmailAaKlUi COOS BAY LINE Tn. stsajner BKEAKWATER learss Port lsnd Try W iiiriy. F. M-, from jLins wortta dock, zor Mortis Ucnd. Marshileld and Coo limy points. Fraigbt r.c.lvad UU 4 f. M. on day of alll-aK- Passencer far first, class, 910; second-class. S7. including- berth and meals. Inquire city ticket office. Third a-nd "Washington .tre Is. or insaK VMti. Xacn Itala Time Card Oregon Klontrlq Sallwas' Co. Xjeavlng Portland tor Salem and Int. Sta tion tt:2, D'OU, ll;O0 Jl. it; X:0u. e-u, :40 P. M-. Llmlc-sd tor Tualatin and Salem U:1S A. M. Local tor Wilsonvtl: and Int. staUon B:0U P. M. leaving Portland tor Forest Qrov aad Int. Stations T OO. 10:;U A. M i l.aj. :10. S:au P. M- Arriving Portland from fialn and Int. Stations 8:40, 10:65 M. ; 1:10. S.4U. 8.U0, b:A. lu:4u P. M. limited from balum and Tualatin 4:43 P. M. Local from Wllaon vlll and Int. Btatlona tt:6 M. Arrlvlng - Portland from Fort Grov and Int. -stations a.iy. Iu:uu A. ai.; 12:16. a:4u. 6;o0, P. 14. Portland Bailwa-r, IJg-nt & Power Compaa -Cars xestT. Ticket OtOce and Waiting Room. iTlrst and Aider Streets. CAK8 LliAVU. Or r gen City 4:ou, o.ao A. M., and .very SO minutes to and Including a P. Al.. . then 10:uo. ll:O0 P. last car midnight. Greibam and intermeUlate points 6:55.' 7:45, 8:43. U:45, 1U:46 A. M.. 12:43. 2:46. 8:40, 4:45. 6:4S, 9:45. 7:46. 11:16 P. M. ialrview and Troutdale 0:55, "TS. 8:43, :45. 10:43 A- M.. I2:i. 2:45. 8:46. 4:4a 6:43, 8:45 P. M. Co-sadero and intermediate points fl:55. 8:46, 10:45 - M-i 12:45. 2:43. 4:43. 8:41 P. M. For Vancouver - Ticket ofnc and waiting-room Second and Washington streets. A. M. 6:15. 6:30, 7:29. 8:00. 8:85. 9:10. 9:5V, 10:30. 11:10. 11:50. p. M. 12:80. 1:10. 1:50. 2:10, 8:10. 8:50. 4:30. 5:10. 5:50. 6:80, 7:05. 7:40. 8:15. 8:23. lOS", 11:45"'. On Third Monday In .Every Month th -last car leaves at 7:05 P. M. Daily acept Sunday. Dally zcept Steamer Chas. R. Spencer' FORTLAXO-ASTOB1A. Bound trip dally except Monday, for As toria and way landings: leaving Portland at 7 A. M., arrlvlna- Astoria 1 P. M. Return ing;, leave Astoria 3 P. M . arrive Portland 9:45 P. M. Sunday excursion. Astoria and return. Leave Portland 8 A. M. ; return 9 P. M. ; fare $1.00 round trip. Portland, Washlngton-St. dock. Phone Main 8dl&. Cal lender dock. Astoria Pennsylvania l-radf all the utates' in the amount of pemonal property within Uvu -tstn's) trdars vuUlect to taxation.