THE SUNDAY OREGOXIAX, PORTLAND, MARCH 6, 1910.
19
ONIQNS GOING WELL
Oregon Growers Look foe a
Long Season.
SHIPPING DEMAND IS GOOD
Movement Kxpeeted to Increase
When Railroad Traffic Condi
tions Become Normal Ship
ments In Past Week.
The shipping demand for onions con
tinues Rood and affairs altogether are
satisfactory in the Oregon market.
Many inquiries are coming in by wire
and as soon as railroad traffic is nor
mal again, a heavy movement is looked
for. The blockades have had the ef
fect of enabling most of the markets to
clean up. Aside from'the inquiry from
Puget Sound points, orders have- come
from San Francisco for six cars, three
to be shipped this week and three, next,
eo it is believed that supplies there
ere small.
Shipments in the past week were
reported at 13 cars, of which 10 cars
were shipped by members of the Onion
Growers" Association, and three by out
side growers. Of the association ship
ments eight cars, went from Sherwood
Rnd one each from Beaverton and Cor
nelius. There may have been some
ndditirfrial shipments, as there was not
a fule representation at yesterday's
meeting of the association.
All the association onions sold
brought $1.25, the price which has pre
vailed for the past two weeks, but
It is understood the outside onions sold
ot less.
The growers are entirely satisfied
with the outlook and expect a good,
long season with no interruption to
the demand until all of the Oregon
trop is disposed of.
rRAIE STAUNANT IX HOP MARKET
"Ro Demand for Spot Hops or Cont racts.
Foreign Conditions.
The first week in March, a month
that was expected to show activity in
the hop market, has passed without
any business reported except a little
trading between dealers at prices rang
ing from 16 to about 20 cents. Con
tracting has also slowed down. It is
tald that some grower-dealers are will
ing to sell their 1910 crop at 16 cents."
Beer sales in the United States for
January, 1010. were 3,558,062 barrels,
an increase of 177,694 barrels over
January. 130!).
According to Government returns Just
published, the beer sales in Great Brit
Bin for the calendar year 1909 were
Bli.900.50S barrels, which compares with
S3.5S6.968 barrels in 1908, and 34,438,373
barrels in 1907.
The beer sales in the United States
last year were 57.023.810 barrels, com
pared with 56.885.565 barrels in 1908,
Xnd 60,110,590 barrels in 1907.
English market conditions, according
lo the Kentish Observer of February
17, were as follows:
With an increasing demand for botli
new and yearling hops, quite a fair
amount of business is being done on
this market at full quotations. There
Is also a 6emani or best Contlnent
Hs for special purposes, but they can
pnly be obtained at high and increas
ing prices. Pacific Coast hops are
rather more freely offered, but the
finer qualities remain .at high values.
Tiie net imports of hops into Great
Britain for the five months ending
January 31, 1910, were 58.037 cwt, as
compared with ' 114.814 cwt. for the
fame period in 1909 and 103,328 cwt.
n 190S.
Trade circulars of the English fac
tors are, in part, as follows:
Wild, Neame & Co., Jondon Busi
ness continues quiet and values are
unaltered.
Manger and Henley, London There
lias been some considerable business
done with customers out of merchants'
Mocks which are much depleted. Fur
ther requirements must be obtained
on the market
W. II. and H. Le May, London
There is more general business being
nJone. TheNcustomers are now more dis
posed to cover their requirement?
against eventualities. The continued
"wet weather is certainly against the
plant on the heavy days in the Weald
of Kent and Sussex.
Worcester There is a little more in
qulry for hops at Worcester, but busi
ness Js restricted, as holders still ask
iriigher prices than buyers will give.
!The licensing sessions are interfering
with . trade in the country, and until
they are over no big business is looked
ror.
"lVK.VTvF.H. rEEIJXO IV WHEAT MARKET
pood Arrivals of California May Hold the
Market Steady.
A weaker feeling was reported in the
wheat market yesterday, with but little
demand from any quarter and practically
rio business under way. Oats and bar
ey were also dull.
The hay market was firm at the former
quotations. Oregon hay is scarce, lyut
e. sufficient supply of California hay is
being offered to prevent prices from ad
vancing. The receipts of California hay
during the past week were 1255 bales, on
fhe steamer Daisy Freeman, 8S3 bales on
the Johann Poulsen and 1000 bales on
the Wellesley.
Weekly foreign wheat shipments, as re
ported by the Merchants Exchange:
This- week. Last week. Last year.
IBuxia ... .3,oo.ooo 3,r:ifi,ooo 1,472. mm
Danube . . . 232. OOO 828.O00 24S.0OO
Local receipts, in cars, were reported
ly the Merchants Exchange as follows:
Wheat Barley Flour Oats May
juonoay .......
Tuesday '. . 21
Wednesday ....
Thursday ......20
i-riday S
Saturday ...... 8
Tear atfo 2;!
Total this week. 84
"Year a'o ltta
Heaon to date. 821 4
Year ago ...... tt!Mi7
2 20 5 15
7 4 3
5 1
1 - S 5 6
2 10 2 a
IO 1 -2
19 14
10 52 37 o
19 Sr. 23 4(1
lis.", :! iar,5 2077
1440 joaa osi 2154
IXMAI. POI LIBV SUPPLY RUNS SHORT
Kicks Close Weak and I Not Clean Up.
Butter Is linn.
The feature of the country produce
market yesterday was the strong demand
for and scarcity of poultry. Chickens
were in urgent request, with not near
enough available for requirements. Hens
Bold readily at 18 cents and the best of
them brought 19 cents.
The egg market closed weak, without
clearing up. Sales were made of single
cases at 23 and 24 cents, and large lots
were offered at 22Vi and 23 cents. Of
fers of eggs in any quantity to Seattle
dealers at 22.2 cents failed to bring any
response.
The dressed meat market 'was firm,
with light offerings, but at the same time
buyers were not keen to take hold.
The scarcity of city creamery butter
keeps the local market firm and no early
change in prices is looked for. Cheese is
lso scarce and firm.
Wl'tW' FRESH PROOICE DVB MOXOAT
Ctoveml Cars Coming- From South Besides
Steamer Goods.
Except Xor a car of oranges there
were no receipts of fresh produce yes
terday. A good supply is due Mon
day, including a car each of cauli
flower and sweet potatoes and two cars
of mixed vegetables, besides a good as
sortment of steamer produce. Four
cars of bananas will also be put oa
sale Monday.
Business yesterday was of the usual
Saturday character.
Publication of Government Daily Ceases.
The Daily Consular and Trade Re
ports, issued by the Bureau of Alanu
factures. Department of Commerce and
Labor, has ceased publication and here
after a weekly issue will .take its
place. Owing to the insufficiency of
the appropriation for the purpose it
will be possible from now until the
end of the present fiscal year for the
Bureau of Manufactures to print only
a weekly consular and trade report.
This is the first time in the fifteen
years since the Daily Consular and
Trade reports have been printed that
it has been found necessary to discon
tinue them.
New Clip Wool Contracting.
Contracting of 1910 wool is still be
ing done in Utah and the "Triangle"
at prices touching 22 cents in the
former and up to 23 cents in the lat
ter". According to late reports to the
Boston Commercial Bulletin shearing
has been practically suspended in
Southern Arizona on account of con
tinued cold weather and the sheep are
being driven north to obtain needed
food. Shearing will not begin again
until possibly the middle of March. But
a comparatively small part of the usual
amount of wool shorn at this date has
been from the sheep of Southern Ari
zona. Kastern Cascara- Bark 3Iarket.
Of the cascara bark situation in the
Hast the New York Journal of Com
merce says:
"Cascara is firm in most quarters at
77ic, but some holders are still
willing to do 7c and discount much of
the bullish news from the Coast. Ac
cording to late reports there is only
one holder on the Coast quoting on
the basis of 7o laid down here, and
supplies at lower prices are said to be
available.
Advances In Provisions.
As is to be expected, the provisions
market is following the. up ward course
of live hog prices. A new list has been
issued. effective Monday morning,
which quotes an advance of a cent a
pound on hams and bacons and a quar
ter of a cent on lard. Fresh meats
are also advanced.
PORTLAND MARKETS.
Grain, Plonr. Feed. Etc
WHEAT Track prices: Bluestem, 1.12
club. $1.04; red Russian, fl.03; Valley,' f 1.04;
40-fold, 1.06.
BARL.P5T Feed and brewing-, $28 per ton.
FLOUR Patents, J6.15 nor barrel;
straights. 5.7B; export. (4.50; galley. J5.80;
graham, $5.75; whole wheat, quarters. $5.90.
CORN Whole. 35; cracked, 36 per ton.
MILLSTUFPS Bran, 2426 per. ton;
middlings, $34; shorts, 25a28; rolled bar
ley. $32 33.
OATS No. 1 white, $31 31.50 per ton.
HAY Track prices; Timothy; Willam
ette Valley, $2021 .per ton; Eastern Ore
gon. $2223; alfalfa. 1718; California al
falfa. $16'ul7; clover, $1516; grain hay.
16(gil8.
Vegetables and Fruits.
FRESH FRUITS Apples, $1.253 box;
pears, $1.50 1.75 per box; Spanish Malaga,
$5.506 per barrel; cranberries, $S9 per
barrel.
POTATOES Carload buying prices; Ore
gon 60 70c per hundred; sweet potatoes, 80
per pound.
VEGETABLES Artichokes. $11.S5 per
dozen; cabbage. $1.75(fr2 per hundred: cauli
flower, $262.25 per dosen; celery. $4 '3 4. BO per
crate; eggplant, 25c pound; head lettuce.
85c per dozen: hothouse lettuce. $1.25
1.50 box; garlic, 12c lb.; horseradish.
S'SJlOc per pound; green onions, 35 40c per
doz. ; peas, 17-,c per pound; radishea, 25c per
doz. : rhubarb. 15c lb.; sprouts. 9c per lb. ; to
matoes. $3.25 3.50 por crate
TROPICAL FRUITS Oranges. $2(83;
lemons, $3 4.50; grapefruit, $3.504 per
box; bananas, tfftc per pound; tanger
ines, $1.75 per box.
ONIONS Oregon, $1.5001.75 per hun
dred. SACK VEGETABLES Turnips, nominal;
rutabagas. $11.25; carrots, $1; beets,
$1.25; parsnips, $L
Dairy and Country Batter. -
BUTTER City creamery" extras. 39c;
fancy outside creamery, 3530c per lb.;
store, 20g23c (Butter fat prices average
lc per pound under regular butter prices.)
EGOS Fresh Oregon ranch, 22i24c per
dozen.
CHEESE Full cream twins, 20e per
pound: young Americas. 21c.
POPK Fancy. 12lA13o per pound.
VEAL Fancy, 12.'ril2c per pound.
POULTRY Hens. ISUSplite; broilers, 25
Sf27c; ducks. 20c; geese, 1213c; turkeys,
live. 22igi25c; dressed, 2582Dc; squabs, $S
per dozen.
Groceries, Dried Fruits, Etc.
DRIED FRUIT Apples, 10c per pound;
peaches, 7c; prunes. Italians. 45c;
prunes. French. 4&5c; currants, 10c; apri
cots, 12c; dates, 76c per pound; figs, 100
half pounds, $3.25 per box; 60 six-ounce,
$4.75 per box; 12 12-ounce, 76c per box.
SALMON Columbia River, 1-pound talis,
52 per dozen; 2-pound tails, $2.05; 1-pound
flats, $2.10 V4: Alaska pink, 1-pound tails,
OOc; red. 1-pound talis, $1.45; sockeyes, 1
pound tails, $2.
COFFEE Mocha. 2428c; Java, ordinary.
17g20c; Costa Rica, fancy, 1820c; good,
lOSi'lSy; ordinary, 12&16a per pound.
NUTS Walnuts, 15c per pound; Brazil
nuts, 12H15u; filberts, 15c; almonds,
lflitfl7c; pecans, 13 16c; cocoanuts. uocfa"
$1 oer dozen.
BEANS Small white, 6.60c; large -white.
4ic; Lima, 5c; pink, 5.20c; red Mexican,
lie.
SUGAR Dry granulated, fruit and berry,
$.27; beet. $8.05: extra C, $5.7! golden C,
$5.T: cubes (barrel), $U.oi; powdered
(barrel), $0.50. Terms on remittancei.,
within 15 days deduct c per pound, it
later than 15 days and within 30 days, de
duct ',c per pound. Maple sugar, 15 18c
per pound.
SALT Granulated, $14.50 per ton; half
ground, 100s. $10.50 per ton; 60s, $11 per
ton.
HONEY Choice. $3.230 3.50 per case;
strained, 7c per pound.
Provisions.
BACON Fancy, 2rtc ner pound; standard,
22;sc; choice, 21c; English, 2oH321a.
HAMS 10 to 13 pounds. lc: 14 to 18
pounds, lc; 13 to 20 pounds, 10c; hams.
skinned, isc; picnics, 12 c; cottage rolls,
13 Vic; boiled hams, 234124c; boiled picnics,
20c
LARD Kettle rendered, 10s, 174 c; stand
ard pure, lOs. lo,c; choice. lus, 15c;
compound, 12 Ac.
SMOKED BEEF Beef tongues, each 60c;
dried beef sets, lac; dried beef outsides, 17c;
dried beef insides, 21c; dried beef knuckles.
2Cc.
PICKLED GOODS Barrels: Pigs feet,
$3.45; regular tripe, $10; honeycomb tripe,
$12; lunch tongues, $10.50; mess beef, ex
tra. $12: mess pork. SHO. - .
DRY SALT CURED Regular short clears.
dry salt. ltc; smoked, lic; short clear
nacK, Heavy ary saitea, 10c; smoked. 17c;
Oregon exports, dry salted, loVic; smoked
17iAc.
stars.
FURS Mink. Northwest Canada and Alas
ka, $6.50 9; Colorado, Wyoming, Montana.
Idaho and California, $45.60; British Co
lumbia and Alaska Coast, $810; Oregon,
Washington, Idaho and Montana, $7: Lynx.
Alaska and British Columbia, $28; Pacific
Coast, $22; Raccoon, 75c $1. Skunk, Can
ada. $2.50; Pacific Coast, 75c$L50. Wolf
and coyoie, Canada, Idaho. Montana.
Wyoming, $2.75013.25; Oregon, Washington,
utan, .Nevada, $l.bugp3. Beaver, Oregon,
Washington, Canada. Alaska, $5.50 4 7;
Idaho, Montana, $10, Utah, Wyoming, $6.50(9
7; cubs, J:w2.50. Otter, Canada, Alaska.
912.50&14; Oregon. Washington. Alaska. Can
ada. British Columbia, $3 4.50; Pacific
Coast. $l.75ig2.50. Gray fox. Pacific- Coast.
$1.75 9 2.60. Bear, black and brown. Alaska.
Canada, $16 20; cubs, $13 015; Pacific
Coast, $10 015; cubs, $5 4i! 7: grizzly, nerfect
$25 & $5. Badger, $2. Muskrat. Canada, Alas
ka, 40c; $ii'4f.i8; Pacific Coast, $10012.
Fisher, British Columbia, Alaska. $16Q?20;
Pacific Coast. $9 15. Wolverine. $6 8. Sil
ver fox. 1300 500. Cross fox. $10 IB 15. Sea
otter, $200 460. Blue fox. $8910. White
"J-. Aflgv. j&wirt tox, -toe. irmlne. 40c
Mountain lion. $6 10. Ringtail cat. 25
75c Civet cat. 10&30c House cat. 6 !a
2Sn-
NEWCATTLEREGORD
Shaniko Steers Sell for $6.10
Per Hundred.
AT UNION. STOCKYARDS
Advance of 2 0 Cents Over the Beat
Previous Price Xo Hogs or
Sheep Are Offered Ke-
ceipts I-,ight.
Interest In the livestock market yes
terday was transferred from hoes to
cattle. The only offerings were steers
and cows, and the day was marked ,by
the making of another record price for
the local market.
A bunch of choice steers from Shaniko.
119 head of an averagre weipht of law
pounas, were sold at $6.10. This is an
advance of 20 cents over the previous top
price. As was the case with the record
hog sales of Friday, the market was
pushed the limit, and in the general opin
ion the price realized was at least 10
cents above the market value. How
ever that may be, the scarcity of stock
is the reason for the high price and a
new record has therefore been set for
Portland cattle sales.
Other steers offered brought from $5
to $5.50 and cows moved at a range of
$3.75 to $4.50. No hogs or sheep were on
sale.
The only receipts were five cars of cat
tle, brought in by C. S. Smith, of
Shaniko.
The day's sales were as follows:
WeiEht Price
IO Meers, fair 1020 $5.25
4 con s, good -..11(m 4.50
2 cows, good - 10.".5 4.50
2 cows, good 1130 4.BO
1I! steers, choice i2tV H.IO
steers, fair 1 KiH 5.50
lo steers, oommon ................ lr,8 5.oo
4 eows. common ................ 77o 3. 75
17 steers, common 115rt B.25
15 steers, common 10V0 B.OO
Prices quoted on the various classes of
stocks at t-he yards yesterdaj' were as fol
lows:
CATTLT0 Best Bteers $5.7fie.lO: fair to
good steers, $55.50; strictly good -cows.
$4.50!S4.75: fair to good cows $4&4.60; light
calves. 5.50fi; heavy calves', $4ii."; bulls.
$3.75?4.25: stag. $3fi4.50.
HOGS Top, $100-10.50; fair to good, $!
0.75.
SHEEP Best wethers, $(5.50: fair to good
wethers. $5.50ii5.75: good ewes. $(1: lambs.
$7.75.
Eastern Livestock Markets.
CHICAGO, March 6. Cattle Purelots esti
mated at 12X; market fiteady. Beeves, $5-9
8.10; Texas steers. $4.7'&'5.80;. Western steers.
$4.70-0.50: shockers and feeders. $3.fto
.2i; cows and heifers, $2.t0i&5.8O; calves,
$7.5Ji8.0.
Hogs Receipts estimated at 12.000: market
strong to 5c higher. Light. $9.559.90; mixed.
$.KU&1: Heavy, f.tt53rlo.029; rough. f.6"8
U.8o; good to choice heavy. $0.80010.021;
pigs. $8.70U.55; bulk of sales, $0.8O9.&5.
Sheep Receipts esttimated at 15H); market
steady. Native, $Cf8.10; Western, $5.50
8.10; yearling. $7.85a.60; lambs, native, $8
QU.40; Western, $80.4O.
KANSAS 'CITY, Mo.. March 6. Cattle
Receipts 300: market steady. Native steers,
$5.75(&7.75; cows and hetferfl, $3(ij6-&U; stock
ers and feeders. $40.25; bulls. $4.2B(fj-5.75:
calves. $4.50&,8.75; Western steers, .25
7.25; Western cows. $3.5t(i6.
Hogs Receipts 130o: market 5e higher,
bulk of sales. $9.5o4j0.75; heavy, $!.75Qf.85:
packers and butchns, $0.600.8O; lig-lit, $9.35
11.65; pigs, $S.500.
. No sheep. -
- s
OMAHA. Neb.. March 5. Cattle Receipts
200: market steady.
Hogs Reoeipts 3500; market 10c higher.
Heavy, $H.70i(t.82H ; mixed. $9.ttft9.75; pigs,
$8. 25Q-0.26: bulk! of saJes, $9.6U..75.
Sheep Receipts luo; market steady and
nominal.
POTATOES FROM OREGON
FOUIl CARS REACH THE SEAT
TLE MARKET.
Onions Are firm and Higher Egg9
.Weak on Oversupply Hay
Is Easier.
SEATTLE. Wash.. March 5. (Spe
cial.) Under the pressure of low of
fers on eggs from Oregon, prices re
ceded stil further here today. The best
stock did not command more than 27
cents and most sales were made at 26
and some as low as 25. The buying
price was cut to 23 cents for Monday.
Quite large quantities of eggs were
carried over.
The feature of the produce market
was the exceptionally large receipts of
potatoes, which aggregated 16 carloads,
making 25 for the last two 'days. Four
carloads of today's receipts were from
Oregon
The onion market is decidedly stiffer.
A few sales of fancy Oregon stock
were made a $2, the top price for the
crop.
With it impossible to get apples
through from Wenatchee, dealers today
took steps to protect themselves by
quotation on the best timothy. Wheat
and oats were unchanged.
Hay is easier on an over supply of
cheap grades, and $25 is the very top
securing shippers at other points.
QUOTATIONS AT SAX FRANCISCO.
Prices Paid for Produce In tha Bay City
Market.
SAN FRANCISCO. March 5. The follow
ing were the quotations In the market today:
MUlstuffa Bran, $25.60 27.50 ; middlings,
$3S 36.
Vegetables Cucumbers, $1.501.75; gar
lic. 4'oc; green peas, 8llc; string beans,
nominal, l3jc.
Butter Fancy creamery. Sic; creamery
seconds, 2Hc: fancy dairy. 30c. .
Eggs Score, 2oc; fancy, 21 e.
'Chww New, ltt&'17'ic; Young America.
18V. 1914c.
Hay Wheat, $14 19; wheat and oats, $11
Q14c; alfalfa. $912; stock, $U30; straw,
per bale. 50 7 5c.
Hops 18((iJ22o per pound.
Wool Spring; Humboldt and Mendoceno,
13lSc: South Plains and San Joaquin, 8
10c
Fruits Apples, choice. 75c $1; comsnon.
5005c; bananas. 75c(?f0$3: limes, nominal;
lemons, choice, $1.502: common. $11.25;
oranges, navels, $1.25 2.50; pineapples, $2 9
2.50.
Potatoes Oregon Burbanks. $11.20;
Early Rose, $1.35 1.40 ; Salinas Hurbanks,
$1.3061. SO; sweets, $22.25.
Poultry Roosters, old, $55.&0; young. $7
flfl; broilers, small. $3.50-4.5O; large. $53-6;
try-srs, $67; hens. $510; ducks, old. $5.50
6.50; young. $79.
Receipts Flour, 3742 quarter sacks: wheat,
35 centals: barley. 3550 centals; beans, 2320
sacks potatoes, 4190 eacks; bran, lOOO sacks;
middlings, 525 sacks: hay, to27 Uans; hides,
ItW.
CofTee and Sugar.
NEW YORK. March 5. Coffee futures
closed steady, net unchanged to 5 points
higher. Sales were reported of 14,250 bags.
Closing bids: March. 6.85c; April. 7.00c;
May, 7.10c; June. 7.15c; Jnly, August. Sep
tember, October. November. 7.20c; Decem
ber, 7.15c; January and February, 7.20c.
Spot coffee steady. Rio No. 7. 8c: Santos.
No. 4. Mild coffee quiet. Cordova.
94 12Vic. v
Sugar Raw firm. Muscovado 89 test.
3.9'c; centriftigal 96 test, 4.42c; refined
quiet: cut loaf. 6.06c; crushed. &.95c; mould
A 5.60c; cubes. 5.50c; XXXX powdened.
.". 40c ; powdered, 5.35c; granulated, 5.25c;
diamond A, 5.25c; confeotloners A, 5.55c;
No. 1. B.OOc; Nd. 2, 4.95c; No. 3, 4.S5c; No.
4. 4. Sic; No. S, 4.60c; No. . 4.75o; No. T,
4.70c; No. 8. 4.65c; No. . 4.60c: No. 10.
4.5&c; No. 11. 4.50c; No. 12, 4.45c: Xo. 13.
4.40c; No. 14, 4.40c
WriedFruit at New' York.
NEW TORIC.. March 5. Evaporated apples
inactive and featureless. On the spot fancy
ana quoted at lOeilc; 'choice, 99c:
prime, 6e7c; common to fair 6(ir6c.
Prunes Arm, with small supplies of some
grades. Quotations ranged from 6i4i-9c Tor
Calif ornias up to 30-4os and 6 3 9c for Ore
guns. Apricots Arm, with fair Jobbing trade.
Choice, UVit& 11c; extra choice, 11 ii 12'ic;
fancy. 1213l4c.
Peaches fairly active and prices firm.
Choice, S47c; extra choice, 714 7 Vic;
fancy. 7 jj 8c.
Raisins quiet and featftVeless. with prices
steady, loose muscatels axe quoted at 2
25c; choice to fancy seeded. 5r6Hc;
seedless. $H4Vo; London layers, $l.l54r
1.25.
Iairy Produce in the Eaot.
CHICAGO, March 5. Butter Steady.
Creameries. 26t?31c; dairies. 21&25e
Receipts 5179; steady at mark, cases
Included. I9ij21c; firsts. 21c; prime firsts 22c.
Cheese Firm. .Daisies. l-tfil7e: Twins.
llVjc: Young Americas. 16:J&17c; Long
Horns, 16; 17c. t ' 5
NEW YORK, March 5. Butter SteadyT'un
changed. Cheese Firm, unchanged.
Ekks Unsettled. Western firsts, 22 U 6 23c :
seconds, SHirfa 2Jc, . , -
LOSS OF TEN MILLIONS
HEAVY SHRINKAGE IX SEW
YOKK BANKERS' CASH.
Probably the Result of Recent Bond
fluctuations Decrease in Ums
Surplus Reserve.
Vew York The Financier will say: -
The statement of the clearing-house
banks of the City of New York was in
direct conflict with the known opera
tions of the banks during the week.
The preliminary estimates indicated a
gain in cash of at least $2,000,000, but
the 'statement of actual conditions on
Saturday showed a loss in specie and
legal tenders of $10,597,600. Just what
occasioned this unexpected decrease in
cash it is difficult to say, but the cause
is probably to be found in the comple
tion of several bond offerings and other
financing: plans within the past sev
eral days. It is said, however, that the
loss in cash holdings is traceable to
the operations of two of the larger
Wall Street banks.
Loans expanded $4,970,100 and de
posits decreased $4,906,900. The result
of these operations was to decrease the
surplus reserves $9,370,875, and the ex
cess reserve on all deposits now stands
at $11,444,575, whicji is just about the
amount recorded one year ago.
The summary of state banks and
trust companies in Greater New York
not reporting to the New York Clearing-house
revealed but Bright changes
from the previous week, loans having
increased a little less than $1,500,000,
while net deposits decreased about
$1,000,000, the increase in cash having
amounted to about $275,000.
The statement of arrearages of the
Clearing-house banks for the week
shows the banks hold $14,815,825 more
than the requirements of the 25 per
cent reserve rule. This is a decrease of
$7,885,625 in the proportionate cash re
serve as compared with last week.
The statement follows:
Decrease.
Loan" ...
repcsits
$1.24l.43.-.sno $io,:i:t7,Si4
1,248. V-:t.loO 5.78H.700
47.iHVS.7DO 1.4IKV700
Circulation
Legal tenders
Specie .
Reserve
Reserve required
Surplus
Ex-U. S. deposits.
(i.-,.31H,4(lO 2.:il4.0O0
2i;i.r.:;:t.20o 4.124.200
:i2.S46,00( 0.4:SK,209
S12.OXO.77.i 1.447.425
J4.X1S.823 7.KKS.B25
l.-..2a0.O2.'" 7.879.275
The percentage of actual reserves of the
Clearing-House banks today was 1:0. U4.
The statement of banks and trust com
panies of Greater New York not reporting
to tne uieanng-fiouse snows:
Decrease.
Ixtana $1.1 r,o. .120, 1 00 $1.4.12.700
Specie 124.7!)2.'0 424.000
Total legal tenders 20.204.500 148.800
Total deposits 1. 228.670,500 l)So,200
Increase,
. Bank Clearings
Sank clearings for the Northwestern cit
ies yesterday were as. follows
Clearings. "Balances.
Portland $1,470,022 $l27,r,r,o
Keattle 1.003.408 100.03a
Tacoma r 78l.2! 84,:liS
Spokane '. 732,377 95,422
IBank clearings of Portland. Seattle and
Tacoma for the past wee and correspond
ing ween in roruier years were:
Portland. Seattle.
Tacoma.
1910
1909
1908
10l7
lHOfl
HMl-
1104
UK(3
1O02
. . $8,944,002 $10.03:!, 037
$5,199,343
7.703,611
9. 193.3110
..H5.)15
fi.427.1 14
K128.C.RS
n.4r,7,270
o. 32.1,975
3.29fl.!W
2.HO.n0
2,tU2.4U4
7.97,a
9.441.0SU
10.051. 070
4.9(1.11114
4.17.07a
3.007.277
3.145,404
3..14,(t0
4.50l,4a
:i.'.Mtl,4K
2.714.597
2.222,483
2.140.783
1,129.556
Wool at St. Louis.
ST. LOUIS, March 5. Wool I-nchanged.
Territory and Western mediums, 23&2c; fine
xneaiums. 2012 zc: line, luiic.
AMERICAN CLAY PRODUCTS
Ohio Leads Witli an Anual Output
. AVorlh $26,622,49.
"Washington, !. C. Correspondence to the
New York Herald.
The United States Geological Survey
has published a large chart showing the
statistics of the clay working industry in
1908 by states and products, with com
parative totals for 1907.
This chart shows, that the clay products
of the United States in 1908 were valued
at $133,197,762, compared with $158,942,369
in 1907, a decrease of about one-sixth.
Every state and territory except Alaska
Is represented in this total, a-fact which
shows the widespread- character of the
clay-working industries.
Ohio is the leading clay-working state
reporting products worth $26,622,490, or 19.9
per cent of the total. Pennsylvania, New
Jersey, Illinois, New Tork, Indiana, Mis
souri. California, Iowa and West Vir
ginia are the next largest producing
states in the order named. These ten
states produced wares valued at $96,-
494.107, or nearly three-fourths of the
value for the whole country.
Every state reported common brick, the
total quantity being 7,811,016.000, valued at
$44,765,614. This, represents more than one-
third o the value of all clay products.
Illinois is the leading producer of com
mon brick, reporting 1,119,224,000, valued
at $4,834,652, or- $4.32 ,per J000. New York
is the second in quantify, but first in
value. the figures be.ng l.Ooe. 006,000,
valued at $5,066,064. or $4.80 per 1000.
The average value per 1000 ranged from
$4.97, in Kansas, to $10.23 in Wyoming,
with a general average of $5.73. Ten
nessee comeu the nearest to the general
average $5.72. The average value in 1907
was $6 for the whole country.
There was a decrease in the value of
the common brick from 1907 of $14,079,
847, or 23.85 per cent, and the quantity
decreased 1.984.652.000, or 20.26 per cent.
The only states showing Increases in out
put of common brick from 1907 of $14,
097,847 are MonttfYia. Oregon, South Da
kota and Washington, and of theae states
Washington showed a decrease in value.
Vitrified paving brick Is one of the only
two products that showed an increase in
190S. This product increased from 876.
245.000 In 1907 to 978.122,000 in 1&0S, a gain of
11.63 per cent, and in value from $9,654,
2S3 in 1907 to $10,657,475 in 190S. a gain of
10.39 per cent. Ohio is the leading state
for vitrified paving brick, reporting about
one-third of the entire quantity and
value."
SLUMP OH SELLING!
Wheat Prices Break Sharply
at Chicago.
WEATHER REPORTS GOOD
Demand for Cash Grain Is Extreme
ly Slack and Cables Are Also
Bearlsli Coarse Grains
Are Ixver.
CHICAGO. March 5. The slump in
wheat today occurred during the final
hour of trading and was caused by gen
eral selling brought out by favorable
weather conditions' now prevailing for the
new crop 1n the Southwest. Several prom
inent interests were liberal sellers and
this caused free sales by- pit traders' and
small holders.. In addition to being de
pressed by the bright outlook for the
Winter crop, the market was also bearih
ly affected by weak cables and extremely
slack demand for the cash grain. Cash
premiums here "were reported the, weak
est in several months. During the first
half of the day, the markef displayed
considerable firmnees', owing to covering
by shorts who bought freely of the July
delivery. When this demand was) satis
fied, however, prices were easily forced
down owing to the absence of any ma
terial support. May sold off to $1,12,
while July dropped from $1.05,-g to
$1.03. The close was only a trifle above
the lowest Toint, final figures on May
tiding at $1.12. July closed, at $1.03g.
OUvely demand by shorts early in tho
session resulted in a stiff advance in the
price of all deliveries of com but declines
ranging from c to lc followed. Large
stocks in store and liberal receipts were
weakening influences. Cash prices re
mained about steady, although some cars
sold about c higher. No. 3 yellow sold
at -eoic. During the day the May de
livery sold between 63c and 64c. The
market closed weak at almost the bot
tom, May being c lower at 66ti6c
Oats displayed mode-rate firmness early
in the day, but weakened late in the ses
sion in sympathy with the break in wheat
and corn. May ranged between 45c-46-c-
The market closed near tho
lowest point, with May down c at 43c.
Provisions were weak nearly all day.
A oc advance in live hogs and light re
ceipts at packing centers were apparently
ignored. The market rallied a trifle from
the low point but closed easy, final quota
tions on the May products being: Pork,
$24.80; lard. $13.321,4, and ribs. $12.77.
The leading futures ranged as' follows:
. WHEAT.
Open. High.
7,ov.
$1.12
l.3.
.99 T
.S3
.4T4
-65
Close.
$1.12
1.03',
May. ..
July. . .
Sept. . .
$1.12T $1.13i
1.047 l.OSi
i.oe l.o ih
CORN.
.6.16 .4
.t5' .54
.S5fe .6i4
OATS.
. .4.1 .4.14
.43 .4v
.40 ' .40
May.
July. . . .
Sept. . . .
May....
July
Sept.. . .
May.
July. .
May
July. ...
.63H
.5
.45
.42i
.4014
.45
.42
.4014
MESS PORK.
24.90 24.90 24.60
21.80
24.S0
24.90 24.90
LARD.
13.42 Vi 13.4214
13.30 13.3iVi
24.57H
13.271,
13.17,
13.324
13.32VS
SHORT RIBS
May 12.871, 12.S7H 12.70 12.774
July 12.S2V 12.821 12.67 12.724
Cash quotations were as follows:
Flour Steady. Winter patents. $5.30fj)
6.7; straights, 5.1i T. 4 0 : Spring straights,
$4.80 6. 05; bakers. $3,064 5.40.
Rye N'o. 2. 79S0c
Barley Peed or mixing, S962c; fair to
choice malting. 66 69c.
Flax seed Xo. 1 Southwestern, $2.094;
No. 1 Xorthwestern. $2.194.
Timothy seed $3.70.
Clover $13.00.
Pork Mess, per barrel. $24.87,42S.
Lard Per 100 'pounds, $13.374.
Orain statistics:
Total clearances of wheat and flour -were
equal to 202,000 bushels. Primary receipts
were 611.000 bushels, compared with 6t5,
000 bushels the corresponding day a year
ago. Estimated receipts for Monday: Wheat,
26 cars; corn, 363 cars; oats, 120 cars; hogs,
34,000 head.
Receipts. Shipments.
..).. 45.300 16,000
.... 27.600 24,400
....4SS.700 119,700
379.800 112.200
Flour, barrels.
Wheat, bushels. .
Com, bushels....
Oats, bushels....
Rye, bushels.
2.000
Barley, bushels 182.500
29,600
Grain and Produce at -w York.
XEW TORK. March 6. Flour Dull and
without quotable change. Spring patents,
$5.50 5.60; Winter straights, $3.355.45;
inter patents, $5.50-6; Spring clears. $4.50
4.85; Winter extras Xo. 1, $4.604.90; Win
ter extras No. 2, $4.404.55; Kansas
straights, $5:5.20. Receipts. 24,190 bar
rels. Shipments, 15,408 barrels.
Wheat Spot firm. No. 2 red, $1.28 nom
inal elevator domestic and nominal f. o. b.
afloat; Xo. . 1 Xorthern ruluth and Xo. 2
hard Winter, $1.27!4 nominal f. o. b.
afloat. Option market firm on selling by
shorts and small offerings Influenced by more
crop damage reports and fears of congestion
as a result of recent heavy selling. At the
close prices were 4 to c net higher. May
closed at $1.21H: September, $1.08. Re
ceipts, 22,800 bushels.
Hops Dull. State common to choice 1909,,
30ijr34c; 1908, 1518c; Paclflo Coast 1909,
2025c; 1908. 1318c v
Hides Easy. Central America, 214c; Bo
gota, 2K5-22-C
Petroleum Steady. Re&ned Xew York
Barrels, $7.90; do. in bulk. $4.40; Philadel
phia barrels. $7.90; do. In bulk, $4.40.
Wool Easy. Domestic fleece, 34 36c
Grain at San Frstnclsco.'
SAX FRANCISCO, Mjfrch. 6. Wheat easy
barley firm.
Spot quotations: Wheat Shippmg. $1.374
Barley Feed,' $l.S51.44ti per cental; brew-
Oats Red. $1.001.80 per cental! white
$1.VS'1.674 per cental; black, $1.6l2.30 Ber
cental.
Call board sales: Barley May. $1.40 per
cental; December. $1.30 per cental. .
Corn Large yellow, $1.7ogi.75 per cental.
Grain Markets of tha Northwest.
TACOMA. March S. Wheat Bluestem,
$1.111-14; club. 1.05(1.06; red Russian.
$1.04.
SEATTLE, March 5. Milling quotations:
Bluestem, $1.12; club, $1.09; fife, $1.09; red
Russian. $1.07. Export wheat: Bluestem,
1.09; club, $1.06; fife. $1.06; red Russian
$1.04.
Minneapolis Grain Market.
MINNEAPOLIS, March 6. Wheat May
$1.124: July, $1.12. Cash: Xo. 1 hard".
$1.1274 6 1.13 5i ; Xo. 1 Xorthern. $1.12 &
1.18; Xo. 2 Xorthern. $1.10 01.11 54 ; Xo.
3 Xorthern. $1.06 1.09 74.
Flax Closed at $2.18 i .
Corn No. 3 yellow, 65 57 -4 c.
Oats No. 3 white, 42T4 tp43c.
Rye No. S, 75i754C.
Kuropean Grain Markets. '
LONDON. March 5. Cargoes, dull and
Inactive. Walla Walla, for shipment, ad
lower at SOs 6d.
English country markets, steady.
French country markets, steady.
LIVERPOOL, March 6. Wheat March 8s
Jd: May. 7 104d; July. 7s 8d. Weather
fine. x
Metal Markets.
XEW TORK. March 6. There were no fresh
developments In the metal markets today and
prices practically were nominal, as the ex
changes were closed.
Tin Easy at 32.6o32.80e.
Local dealers quote Lake ropper at l:t.67Vi
13.87V3C; electrolytic at 13.37 iai3.62Uc and
casting ar 13.124H?-13 25c.
Lead Steady at 4.A5-3 4.05a,
Spelter 6. 70S. SOo.
Iron Unchanged
"ENGINEERING WORK
IN TOWNS AND CITIES"
(a standard work by Ernest McCullonghi formerly Con
sulting Engineer for the Merchants' Association of San
Francisco) contains the following comments :
"The writer wishes to go upon record as saying that
with honest workmanship and honest materials tha
BITULITHIC PAVEilENT in his opinion has a larger
per cent of desirable qualities than any material he is
acquainted with. It approaches very nearly the ideal
pavement." ,
AMERICAN BANK
& TRUST COMPANY
SAMUEL CONNELL, President G L. MacGIBBON, Cashier
CAPITAL, $150,000
Does a srenoral banking business. Opens checking accounts without
limitation as to amount. Fays Interest on time and savings deposits.
CORSER SIXTH AND OAK,
STOCK PRICES WAVER
LACK OF COXVICTIOX OX PART
OF SPECULATORS,
Situation at Philadelphia Partly Re
sponsible for 1'liis .Morgan
Issues Are Supported.
. NEW TORK March 5. The wavering-
price movements in today's stock
market reflected the lack of convic
tion over the speculative outlook. The
news from Philadelphia was partly re
sponsible for this. The extent of the
response for a call of a general strike
there in Itself threatened an amount
of disturbance of profitable activities
sufficient to command the attention of
those interested in companies shares.
The bearing on the general situation of
labor adjustment, as presented by the
numerous demands upon the railroads
now under consideration, was deemed
important and calculated to arouse
anxiety.
There was a notable absence of "at
tempts which were made at the end of
last week to arouse apprelienslon over
a possible decision to be handed down
by the Supreme Court in the American
Tobacco case. The rise in American
Tobacco shares In the outside market
this week has Impressed speculative
sentiment on this subject more than
the direct contemplation of the Gov
ernment suit against the company. The
advance, in fact, was made an import
ant consideration in support of the ge
eral stock market.
The support accorded stocks associ
ated with the name of J. P. Morgan &
Co., stood out rather prominently in
the rise at the end of the session. The
large participation of that firm in tha
bond market is a feature. The desire
of those engaged in bond flotation to
keep the stock market in a good ab
sorptive state for the sympathetic bene
fit of the bond market Is a u&ual symp
tom of periods of large bond offerings.
The market did not have to digest
the bank statement, since it was not
published until the close. The loss of
over $10,000,000 In the actual cash hold
ings of the banks compared with pre
liminary estimates of a gain of sev-,
eral millions. As loans expanded at'
the same time, the effect on the sur
plus was intensified, bringing the de
crease' in that item up to $9,370,875.
Discounts continued toirise in London
and New York bankers are still dis
cussing the likelihood of an outflow of
gold from New York
Bonds were irregular. Total sales,
par value $1,512,000. United States' 3s
have declined 3-4 per cent on call this
week.
CLOSING STOCK QUOTATIONS.
Closing
' Sales.
Allls Chalmers pf
Amal Copper IS, 100
Am Agricultural ......
High.
'oi
Low.
"oii
iul.
4r
ii
40
77
4l4
3K'
2'i
J.-
r4
xH
ll
12'4
1419(1
!
.17
11T
Am Heet feugar
Am 'an pf . .
Am Car & Foun.
Am -Cotton Oil ..
Am Hd Lt pf.
Am Ice tSecurl
Am Linseed Oil
Am Locomotive .
100
700
600
i",!)ob
210
77S
'274
1S-T
644
80'i
774
.-
Mi4
2'4
15.
K5
1p
12H
141 -H
Uti
116
700
Am Smelt & lief.. 8.20O
do preferred ...
Am Sugar Ref ..
Am Tel & Tel ....
Am Tobacco pf ..
Am Woolen
Anaconda Min Co.
Atchison .....
210 pjm
142
200 ou4
Y.ixMt "61 4
a.200 117
do preferred
103".,
Atl Coast Line 13'i
Bait & Ohio
0OO 112'.i, 1124
1121-4
91 'i
do preferred ...
Bethlehem Steel . .
Brook Rap Tran.
Canadian Pacific ..
Central Leather
do preferred . . .
Central of N J..
Ches & Ohio ....
Chicago & Alton ..
Chicago Gt West.
Chicago & N" W...
C. M & St Paul ..
C, C. C & St L. . .
Colo FUel & Iron.
Colo & Southern...
do lrfrt preferred .
do 2d preferred.
Consolidated Oas. .
Corn Products
Del & H udson .
D & R Grande ...
do preferred ...
DLHtlllers' Securi ..
Krie
do lnt preferred.
do 2d preferred.
General Electric . .
Gt Northern pf
Gt Northern Ore
Illinois Central ...
30 4.
1,000 7Si
lOO IfiOH
1.10O 4a:14
I)'
43
IROVi
4.1
1"7'4
$141
1.600 S5 84
IMS
81 ,
1.-.7M, i.vrv;
4 3S71
900 3454 14SVs
145
44K til
81
so
40i
82
"OS"
oo 147
4jO IO
i-iti' 14714
1ST,
Ihi
17B
tn
so h
84 Vi
1
BO
HII 14
154 V,
138
700
lOO
1S.100
3, BOO
4.1
hi)
S44
31
5o 1
4S
so
33 1$
8l-'4
40 "i
3NVi
l.V
13
3ii0
3!i4j
100 16.
oo
200
ro
6!
lOO 142'4 142 4 142 Vi
Interborough Met.. 1.S0O
21 Tt.
214
214
do preferred
1,000
400
63 w
4
o.
U.i
21
14Ts
48
224
884
GOVa
153
44
143
7l4
43
Inter Harvester
3ft
"is"
Inter-Marine pf
Int Paper 200 15
Int Pump . . . ...... .....
Iowa Central 400 234
Iv C Amthern ... ... .....
do preferred ... .....
Loulsvilfe & Nash
Minn & St Louis'. loo 42
M. St P S S M. " 144
83
42
144
Missouri Pacific .. th
Mo. Kan & Texas 7UO
do preferred ... ..
National Biscuit ..
National Lead ... l.WD
Mei Nat kv list Df loo
43',
43 "4
11014
52$
4.-W.4
ltll 14
834
83 Vi
04
122T,
iii '4"
N T Central 2.H0O 122
N Y, Out JSc West
Norfolk & Wet. 600 H01
North American - . .
Northern Paclflo SOO 13tt;
Pacific M3il
330
31
136
3114
1014
44
m.
43
384
40
303
4
8T
'4
29 1,
73
78
127
294
6H
34 H
.VP 14
6ft ti
187 k
Pennsylvania 6.2(K J .lots 13S
People's Gas .... loo 110 Ho.
P. C C St 1 200 302 102
Preaaed Steel Car.
Pullman Pal Car .....
Ry Steel Spring... lOO 44 44
Reading 22.80O loK4 107 i
Republic Steel ... l.uoO 30s
do preferred .....
Rock Island Co.. S.400 4ft" 41114
do preferred ..... ...
St I, ft S P 2 pf. 4.600 66 ftUj
St L fjouthweatera
do preferred ......... ..... .
Sloas-Sheffleld .... 20O 774 77'
Pouthern Pacific 8.8IM 1274 127
Southern Railway. 700 2ft 2!i
do preferred ... 300 674
Tenn Copper .... ...... ..... . .
Texas & Pacific........
Tol. St L West. ROO T! aril
f- f.n inn faclfle .... 23. w 181 v lotJH
rOIl TLA Nil, (OBEGOX,
do preferred ... 1,000 S6K Sti i"");
TT 3 Realty 75
IT R Rubber ."too 4T. 44S 4li
"IT S Steel 52.!hk sr.-li S4 fi.vg
do preferred ... :it 321 1. 121 321
Itah Copper .... n.ocO S2"-4 T:
Va-Caro Chemic&L. 2,tN-M) 5!-h ort
Wabash liO 21 u 21 'a ill-'Vi
do preferred . 700 4K1.4 47 4M
Western Md l.ioo fan. HiUj sou,
WestlnKhoiue Elee 4m 74 7ait 73
Western Union ... SOU 77s 7ofl 77
Wheel A L Krle ..... 5'i
Wisconsin Central fr4
Pittsburg Coal 300 21 s 21 21
Am Steel Fdy .. U
1'nited Drv Goods.. K" 12o J 10 llfti-i
LaHede Gas KK) lo. lo3 . 103
Total sales for the day, 1U2.400 shares,
BONDS.
XTTW TORK, March 6. Closing Quota
tions: U. S. ref. 2s reg.loiHlN. T. C. gn Si. on
do coupon ...lOIVi'No. Pacific 3s..7:!4B
U. S. .'Is reg. ...102i:No. Pacific 4s. ,.1)-J
do coupon . . .loaVj't nion Pacific .S.IDI'J
U. S. new 4s reg.n4T.IWls. Central 4s.94H
do coupon ... 1144 Japanese 4s ..... VMi
T. & K. O. 4s. .074 B
Money, Kxchange, Ktc.
NEJW YORK. March f. Money on call nom
inal. Time loans slightly firmer; so days, 3'4;
90 days. 3Vi34: six months. 37,ft4 per cent.
Prime mercantile paper. 4Va''wi per cent.
Sterling exchange, firm, with actual busi
n in 'hankers bills at $4.84S'i3 4.fs"05 for
60-day bilk, and at $4.8735 f..r demand.
Commercial lllle $4.o4 ifj4.844.
Par sliver ."Ufc.
Mexican dollars -44c.
Government bonds steady, railroads irregu
lar. SAN FRANCISCO. March 5. Sterling on
London, 60 days. $4.84 Ts; sight, $4.87",.
Silver oars. ,Vl4c.
Mexican dollars, 44c.
Drafts Sight, 2Vjej telegraph, 5c.
LONDON. March B. Bar silver, steady at
23-S,l per ounce.
Money, lVal4 per cent.
Tho rate of discount In the open market for
short bilu is 2 per ct:nt; for three months'
bills. 2e-24 per cent.
Consols for money, bl 1-10; do. for account.
81 1-10.
Eastern Mining; Stocks.
BOSTON, March 0. Closing quotations:
Allouex .-.50V, AlMlHml Copper... 24'4
Amalg. Copper.. 8l4jMoliawk t:.",1-
Arizona Com. .. oOiNevada Con. ... 2:;7-
Atlantic 9H 'Ntptsslng Mines. 1(1
B C O & C Its.. 20'aiKorth, Butte . 38'-
B t C C & S M. ISAjNorth Lake .... ISi
Butte Coalition. 20 lOld Dominion ..45
Cal. & Arizona. 7274 Osceola ........152
Cal. & Hecla.. .630 Parrott (S & C). 2
Centennial 23&!o.uincy ss
Cop. Ran. C. Co. 77 W iShannon 13
K. Butte Op. M. 10 IKuperior rsi
Franklin 19'4'Sup & Bos Min. 13 ;
Giroux? Con. ... ,' Sup & Pitts Cop. 14
Granby Con. ... SSAlTamarack 72 li
Greene Cananea. lM;vr. S. coal & Oil 39
I. Royale (cop.) 22 :4 IT. s. S. R. & M. 4ST4
Kerr Lake .... 84Utah Oon, 32 i4
1-a.ke Copper.... 791,k (Winona ......... lo
La Salle Copper 17 !c Wolverine 143
Daily Treasury Statement.
WASHINGTON. March fi The condition
of the Treasury at the beginning of busi
ness today was as follows:
Trust funds
Gold coin $S.-.0.."ji7.SiiO
Sliver dollars 48.141,Kii
Sliver dollars of 1890 3,832.ikm
Silver certificates outstanding.. 4S0.14 l.Otn)
General fund
(Standard silver dollars in gen
eral fund
Current liabilities
Working balance in Troasury of
fices In banks to credit of Treasurer
of the United States.........
Subsidiary silver coin. .........
Mii4or coin
Total balance in general fund...
K.49H..-.70
97,105,407
21.700.00:1
3.-i,04..V'l
21.KU3.47.-.
l.lNN.41ii
S2,01J,7UJ
New York Cotton Market.
NEW YORK. March 6. Spot cotton cIo."d
quiet, 20 points lower; mid-uplands, 14.75c;
do gulf, 15-OOc. Sales; 76fi bales.
Futures closed bareiy steady, closing rld.:
May, 14.54c; April, 14.50c; May. 14.53c;
June. 14.2oc; July. 14.31c; Auguat. 13.73c;
Septemter. 12.oc; October, 12-OOu; November.
12.K-4C; Ueeember, 12.3tc.
W "California
gl Oil Bulletin"
ii j
is issued srmi-
; monthly and
p5 will be
Eg sent to you
regularly
li absolutely
s free upon re-
3 quest. 1
l Write for it '
I J today.
M Reliable
H Oil News
pf about all
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jpl companies
3 and all the
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H the State
pa may be
f found in tne
"California
' Oil Bulletii"
Address THE G: S. JOHNSON CO.
942 Phelan Building. - San Francisco, Cat.
MAKE MONEY
In California Oil Stocks. Others have, so
can you. Do you know that oil is now Cali
fornia's bluest industry? OH stocks are
steadily going up. We soli only listed
oil stocks. We handled the selling of Illi
nois Crude, which la now paying- 1 per cent
per month dividends, and advanced from
15c to 65c a share. Write for our market
letter, a copy of "The Oil Hook," both free.
Oet full information about the $1.20 listed
oil stock, which is going to $2 because divi
dends at X per cent a month will be soon
declared. Write before it Is too late : wo
haws only a few thousand shares. Lincoln
Mortgage & Loan Co., 126 Whit tell bldg.,
San Francisco, Cal.
FIRE INSURANCE
GOOD AGENCY OPENING
A Icn-dinK Amrrlcan Klre Insinran
Compnny tienires to establish .ajrencies
in places where not now represented
Address P. O. Box 2694. San Francisoo.
Olve full name, town and references.
TRAVELERS' GUIDE.
COOS BAY LINE
The steamer RAMONA leaves Portland
every Wednesday, 8 P. M.. from Alnsworth
dork tor North Rend, Marshfleld 14a d Ceee
Ray points. Freight received until 6 i. M.
on day of sailing. Passenper fare, first
class, $10: second-class, $7. including berth
and meals. Inquire city ticket office. Third
and "Washington streets, or AinawocLa 4eek
Fhone Main 2US,'