15
THE SUNDAY OREGONIAX, PORTLAND, MARCH 38, 1915.
ARMYVVAMTSFORABE
Government Calls for Bids on
Oats and Hay.
SUPPLY HERE IS AMPLE
Japanese Interested in Red Wheat
at Reduced Prices Cargo for
Australia Reported to Have
Been Sold.
Th Government hu ked for bid on
8XW tons of oats nd 4000 tons of hay for
us by tho Army In the Philippine and in
Hawaii. Of the at required 6000 ton are
to be shipped to Hawaii and tho Quarter
master". Impart men t will be ready to re
ceive the raln on July 1. Thu quantity
is a JS months' supply for the forces la the
islands. Three thousand tons of oats will
be forwarded to the Philippines and the
specifications require May delivery. The
hay will also be sent to Manila. The bids
will be opened at the Quartermaster's office
In this city on April 27. Aa there is a good
supply of both oats and bay on the coast,
the limna- of the order is not likely to have
any effect on the market.
The grain market at the Merchants' Ex
change yesterday was inactive. Wheat was
offered a little cheaper, but buyers were in
different, as they had, apparently, no place
to put the grain. Bid prices were not ma
terially chanced from those of Friday.
Asked prices ranged from lli W 9 cents
over the price offered. Total transiers ai
the Merchants' Exchange in the past week
were 85.000 bushels of wheat, 1200 tons of
eats and SOO tons of feed, the total value
being $158,700.
The Japanese are showing more interest.
rtirularly In red wheat, since values have
declined, and there is a little Inquiry from
California. There was also a report yester
day that a cargo of wheat had been sold
to go to Australia.
The flour market is weak a--J if wheat
goes lower flour prices probably be
reduced in the neit icw days. Millers
make no announcement of any prospective
shange. however, as there is no certainty
that wheat will continue to decline.
One of the reasons given for lower prices
at Chicago late In the week was a report
that Russia is preparing to export wheat
by way of Vladivostok. The basis for this
rumor. It now develops, was a report from
Consul Caldwell, of Vladivostok, written on
February -.0. This shows the extent to
which Chicago traders go In their efforts to
manipulate the market. The Consul's let
ter said:
"The Russian government is preparing to
export through Vladivostok a.0,000 tons of
wheat from tho Omsk. Siberia, district,
where there was a large crop this year.
Vladivostok has no facilities for handling
such an amount of cargo, but aa it is the
only port from which, the shipment can be
made, temporary moorings and storehouses
are being constructed. All temporary moor
ings are to be connected with the railway
by spurs. Warehouse 'covering 190.000
jtquare feet have been begun and are to be
finished within 43 days, but as the ground
Is frozen several feet the work is attended
with some difficulty. This will increase the
warehouse capacity of the port by 100,000
tons per month.
There will be required about 50 ships,
depending, of course, on their slse, and It
will probably take two months to ship the
S."H000 tons. This will mean a targe num
ber of steamers coming here empty or with
light cargo and an Immense number of
empty freight cars, which are now almost
unobtainable, going from here to Western
Siberia or European Russia, thus furnishing
good facilities for the Importation of Amer
ican goods via this port.
"A number of large British ships have
arrived from New York via the Panama
Canal, and the wharves are all occupied;
however, ao far no American ships have ar
rived." Exports of wheat from Portland In the past
week were 81.96S bushels. Receipts were
OJ.oOO bushels. Total wheat receipts at
Portland far the season to date have been
19.871. 000 bushels, compared with 19,176.300
bushels in the corresponding period last
season. Receipts at Portland for the. cur
rent season are only 4:19.400 bushels less
than the combined receipts of Tacoma and
Seattle. The statistical report of grain re
ceipts. Issued by the Merchants' Exchange,
follows:
Wheat. Bar. Fir. Oats. Uay.
Portland 10 1 - - J
Year ao 31 4 o 7
Total this week.. 75 7 "I 3 4.
Year ago 104 VA 47 16 32
Season to date 13.2U2 1SW 173S 172H
Year ago 14.75) 2-17 -'84 14j7 2o21
Tacoma. Friday.. 4 .. .. 1 8
season to date ST.-.:. R2I .. hr 20:.
Year ago 7.1M $0 .- 400 2U4
Seattle. Thursday. ItS .. .. 6
PJon'to date".'.". 7.tf8 101S 11KXI 10.-.9 4S01
Tear ago 6,147 10 l&'O 1102 480
ASPARAUL'S TO BE SCARCE AND HIGH
Rain In California Cats Down Shipments to
Tbts Market.
There was very little asparagus on the
street yesterday and the market was firm
at 12', cent for the best. A supply Is due
in the stearqer Bear Monday, but during the
remainder of the week asparagus is likely
to be scarce and high. Yesterday's advices
from San Francisco told of rain and conse
quently a firm market.
Other Tegtab1-s were unchanged in price.
A car of head lettuce is due Monday. No
more sweet potatoes will be brought up.
A small shipment of California new pota
toes will arrive on the steamer Great North
em early in the week. The !ocal market for
old potatoes was firm and the best Oregon
and Washington stock sold at $1-35 to $1.50.
A car of oranges came In during the day
and showed s-ery little shrinkage.
LOWER EGG rKIl'E IS LOOKED FOR
Speculators Are No Leaser Willing to Pay
19 Cents.
The egg market yesterday dragged, but
the sales that were made were at 19 cents,
the old price. It waa the general opinion
on the atreet that the coming week will see
a lower market. This will depend on the
action that buyers for storage take. Some
of theru say they will not pay over IS cents
and If the market Is not supported It will
no doubt go to that level.
Poultry receipts in the latter part of the
week were small and the market was firm,
particularly for hens. The dressed meat
market was steady at the close.
City creamery butter waa quoted firm
and was closely cleaned up.
OnlM Planting Nearly Finished.
There Is a quiet spell on in the onion
market, but the price holds steady. Nine
car were shipped by the association in the
past week.
Planting Is undor way and will be com
pleted In a few days, as the weather is now
right for the work. There will be the usual
acreage In this state.
Bank Clearing.
Bank clearings of the Northwestern cities
yesterday were aa follow:
Clearings. Balances.
Portmnd i.:;:.4.i.u 44.vw
Seattle l,.-.:i0.U 214.KTS
Tacoma 21l.lt., 2,. ,.00
Spokane 417,1U 19.tl2
Clearings of Portland. Seattle and Tacoma
for the past week and corresponding week
In former years were:
191& 10.943.0VJ 9t0.3.M.4r3 1.703.M2
1M4 12 372,6." U.dl'.4s7 .1.911.544
ni.i io.isi.nst it.ori.:;:4 2,;;52.oi4
10 511 a.7l2.0t'SI 4.200.2
IP'l . U32 3!S S,.V;i.!il1 4.117.M
loin io i-'T.4'v i2.7-i7,o e.oo.n.s:
li0: H.737.44 3fl...10 4.rtf.2!:t
IttO-i .!M4.1tU T.242.12.1 4.7rt!,9..0
7 313.571 $.S."-.4H3 S.7.1d
4.72S 563 S.419.8A 3.859.547
9tt 4.27.247 5.5AS.134 '2.057.9..
14 , 4 7 5, 541 .fr43,38T 1,M3,9S7
1903 3.397.767 ' 3.089,074 1.S6S.899
102 2.24S.679 2,72.380 l,lwU
PORTLAND MARKET QUOTATIONS.
Grain Floor, Feed Etc
Merchants Exchange, noon session:
Prompt delivery: .
Wheat B d. Ask
Eluestem
Fortyfoid 124 ' !!
Club ' -r,i
Red Russian 1.1 J J -
Red fife LIS
Oats Xo. 1 white feed 31. To o..ot
Barley No. 1 feed 24.00 2b.00
Bran 22.00 24.00
Shorts 23.00 2W
Futures
April bluet-tern Vo?
Mav bluestem 12W l-jji
April fortyfoid 1-25 J-Jy
Mav fortyfoid l-l va
April club 1-24 l.-i
May Club J--f 1.40
April Red Russian.. L3 L2.j
May Red Russian 120 1.-.
April red fife 1.1 1-2
May red fife J.21 1.80
April oats - . Ji-J 33.00
May oats 4-. -i-00 34.0O
April feed barley 24.00 2.H
May feed barley 2o.0 -7.O0
April bran 22.50 24.50
May bran 23.25 23.7o
FLOL'R Patents. 97 a barrei; straights,
9&r; whole wheat. 97.20; grahams, 97-
MILLFEED Spot prices: Bran, 926-50 per
ton; shorts. 928.00; rolled barley, $31 32.
CORN Wbdle. $33 per ton; cracked, t'Stt
per ton..
HAY Eastern Oregon timothy, 1415;
Valley timothy. $12&12.50; grain hay, $10
12; alfalfa, $12.50 ft 13.50.
Fruits and Vegetables.
Local Jobbing quotations:
TROPICAL FRUITS Oranges, navels, 92
2.50 per box; lemons, $348.75 per box;
bananas. 4J,?c per pound, grapefruit, 3fg
4.25: pineapples, '6c per pound; tangerines,
91.25& 1.75 per box; blood oranges, 91.60
per box.
VEGETABLES Cucumbers, hothouse
91.50 per dosen; peppers, 306 35c per pound;
artichokes. 75c per dozen; tomatoes, 95 per
crate; cabbage, l4p2ec per pound; celery,
$4.50 per crate; cauliflower. 92 per crate;
sprouts, 80c per pound;" head lettuce, 92.25
per orate; hothonse lettuce, 75c$l Per box;
spinach, eoj75c per box; rhubarb, 5 (if 6c per
pound; asparagus, 1012c per pound; egg
plant, 30c per pound; peas, 10 & 15c per
pound.
GREEK FRUITS Apples. 50c & 1.50 per
box; cranberries. 911 12 per barrel.
POTATOES Oregon, )1.25gL50 per sack;
Washington, 91-251.50; new potatoes. 10c
per pound; sweet potatoes, 3', 4c per pound.
ONIONS Oregon, selling price, 91 per
sack, country points
SACK, VEGETABLES Carrots, 91.25 per
sack; beets, 91.50 per sack; parsnips, 91.25
per sack; turnips, 91.73 per sack.
Dairy and Country Produce.
Local Jobbing quotations:
EGGS Fresh Oregon ranch, case count,
19c; candled, 20c per dozen.
POULTRY Hens, large, 15 16c; hens,
ordinary 153 KVc: broilers, 18' 20c; tur
keys, dressed. ?223c; live, 1618c; ducks,
1215c; x-eese, 89c.
BUTTER Creamery, prints, extras, 29Hc
per pound In case lots; Ifec more in less
than case lots; cubes, 25c.
CHEESE Oregon triplets, Jobbers buying
price, 14 He per pound, f. o. b. dock, Port
land; Young- Americas, 15&c per pound.
VEAL Fancy, ll1,i12c per pound.
PORK Block, 10c per pound.
Staple Groceries.
Loral Jobbing quotations:
SALMON Columhia River one-pound
talis, 92.30 per dozen; half-pound flats,
91-50; one-pound flats, 92.50; Alaska pink,
one-pound talis, $1.05.
HONEY Choice. $3.23 per case.
NUTS Walnuts, 1524c per pound; Bra
zil nuts. 15c; filberts, 15 24c; almonds, 23
6 24c; peanuts, 64 c; cocoanuts. 91 per
dozen: pecans 19(5-0; chestnuts, 10c.
BEANS Small white, 64c; large white,
6 He; Lima, 6Vc; pink, 56c; Mexican, 6c;
bayou, tfc
COFFEE Roasted, in drums, 1833c
SUGAR Fruit and berr; 96.70; beet.
$6.50; extra C, $0.20; powdered, in barrels,
$6. 05 , cubes, barrels, $7. 10.
SALT Granulated. $1,5.50 per ton; ha.lt
ground. 100s 910.75 per ton; 50s, $11.50 per
ton; dairy, 914 per ton.
RICE Southern head, 6U6?ic; broken,
4c per pound; Japan style, G5c.
DRIED FliUITS Apples, 8c per pound;
apricots, 13 15c; peaches, 8c; prunes, Ital
ians, 8fc; raisins, loose Muscatels, 8c; un
bleached Sultanas. 7c; seeded 8 9c; dates,
Persian, 10c per pound; fard, 91.65 per box;
currants, SXOlSc.
Hop's, Wool, Hides, Etc.
HOPS 1914 crop, nominal; contract,
nominal.
HIDES Salted hides. 3 4 '4 c; salted kip,
14 V- c ; salted calf, 1 8c ; green hides, 13c;
green kip, 14 c; green calf, 38c; dry hides
25c; dry calf, 27c.
WOOL. Eastern Oregon, coarse, 22 25c;
Eastern Oregon, fine, 18 20c; Valley, 25c,
nominal.
MOHAIR New clip, 2830c per pound.
CASCARA BARK Old and new. 4Vc per
pounds
PELTS Dry long-wooled pelts, 15c; dry
short-wooled pelts, 12c; dry shearings, eacn,
10c; salted shearings, each, 1-5 25c; dry
goats, long hair, each, 13c; dry goat shear
ings, each, 10(ai 20c ; salted sheep pelts,
March, $liff2 each.
Provisions.
HAMS All sires. 1718Hc; skinned, 17
18c; picnic, 12c; cottage roll, 13 c;
broiled, 192Sc.
BACON Faacy, 272Sc; standard, 23
24: choice, if l,22c; strips, 17c.
DRY SALT Short clear backs. 13l5c;
exports. 1517c; plates, lHj13c.
LARI Tierce basis: Kettle rendered,
V-M,c; standard, 12c; compound, 834c.
B VR R EL GOODS Mess beef, 23c ; plate
beef. 924.50; brisket pork. 928.50; pickled
pigs feet, 912.50; tripe, $9.0011.60; tonguea,
$254? 30.
Oils.
KEROSENE Water white, drums, barrels
or tank wagons, 10c; special drums or bar
rels, i:t'c; cases, "17 (g 20fjc.
GASOLINE Bulk, 12c; cases, I9c; engine
distillate, drums. 7c; cases, 14c; naptha,
drums. 11c; cases, 18c.
LINSEED OIL Raw, barrels, 75c; raw,
cases, 80c; boiled, barrels, 77c; boiled, cases,
Sl'c.
TURPENTINE In tanks, 60c; In cases,
C7c; 10-case lots, lc less.
SAN FRANCISCO PRODUCE MARKET
Prices Current In Bay City on Fruit, Vege
tables, Etc
SAN FRANCTSCO. March 27. Butter
Frsh extras. 23c; prime firsts, 22c; fresh
ursts. 21ic.
Eggs Frc3li extras. Sic; firsts, 18c;
pullets. 18c.
Cheese New, Sialic: Young America,
12&14lic; Oregou, 14c.
Vegetables Hell peppers. 2SiJ0c; hothouse
cucumbers. l0c&$l.lU; peas, 4&Uic; aspar
agus, per box.
Onions Yellow, O0c$l.
Fruit Ijtnons, $1.50 2.50; bananas, Ha
waiian, '.K)e?j 91.75; pineapples, do, $1.50
2.75; California apples. Pippins, 65S5c;
Bellefleur, 25 & 50c ; other varieties. SO ft 75c;
do. Oregon I'ippfns, $1 4? 1.50; bpitzenbergs,
91.752.25; Winesaps, 8500c
Potatoes Burbanks, Oregon, $1.50 1.75;
rivers. $1.251.60; Northern, 91.50. 1.65;
Lompoci, $2; Idaho, 91-301.65; sweets,
$2. 252.50; new, tic per pound.
Receipts Flour, 1S40 quarters; barley,
305 centals; potatoes, 2685 sacks; hay, 370
tons.
Receipts Flour, 06f2 quarters; barley, 4750
centals; potatoes, 3825 sacks; hay, 300 tons.
Coffee Futures.
NEW YORK, March 27. The market for
eoffee futures opened steady at unchanged
prices to an advance of three points on
some scattered buying,, which seemed to
come partly trom Wall Street sources and
which may hav been encouraged by the
steudy rulins; of the stock market and higher
milreis prices in Brazil. Ttiere was very
little demand, however, and prices later
eased off rather sharply nnder realizing and
New Orleans selling, with the close one
to eight points net lower. Sales, 10.250;
March. 5.9:c: April, 5.0Sc; May, 6:t5c; June.
d-lOo; July. 7.20c; August, 7.28c; September,
7.35c: October. .4-c; jsovemoer, T.4bc; De
cember, 7.55c; January, 7.60c; February,
7,t5c.
Spot steady. Rio No. 7, 8c; Santos No. 4,
10l,c
Very few cost and freight offers were
reported here from Brazil.
Rio exchange on London was 3-32d net
lower, but milreis prices were 75 to loo
rels higher and a clearance of 38.000 bags
from Santos for the United States brought
about a further decrease in the Santos stock.
Naral Stores.
SAVANNAH. Ga.. March .27. Turpentine
firm at 42 c. Sales, 24. Receipts, 135.
Shipments, 246. Stocks. 20.226.
Kosin firm. Salts, none. Receipts. 343.
Shipments. 110. Stocks. lll.SStf. Quote: A,
B. $2.103.05; C. D. E. F. G. H. $3.05; I,
$::.!; K. S3J0; M, $4.05; N. $5-05; WG and
WW, $5.55. '
Loodea Wool Sales,
LONDON. March 27. There were only
60i0 bales offered at the wool auction sales
today, owing to transport delay. The at
tendance was small, but the demand was
good and prices were steady. Victorian
cross-breds realized Is 6d and New Zealand
la 7d.
Oried Fruit at New York.
NEW YORK, March 27. Evaporated ap
ples inactive. Prunes steady. Peaches quiet, !
ALL STOCKS HIGHER
Bethlehem Steel Leads in
Wall-Street Boom.
EARNS OVER 30 PER CENT
General Motors Score Spectacular
Advance of Eight Points United
States Steel Touches Best
Quotation of Year.
NEW YORK, March' 27. One of the so
called ."war specialties.". Bethlehem Steel,
tarnished the sensation of today's active
and broad market. On publication of the
company's-annual statement snowing earn
inss in excess of 30 per cent, applicable to
dividends, the stock rose by leaps ana
bounds from yesterday's closing price or
6714 to 78, an advance of three points from
its previous record, closing with a net gam
of 7 points. ,. , .
Dealings In Bethlehem Steel, while mainly
In small individual lota, approximate 80,000
shares, making It the second most active
issue of the session.
General Motors also made another spec
tacular advance to the new high price of
IL'0. a gain of eight points, but yielded part
of Its gain in the later dealings. United
States Steel, which changed hands In blocks
of 1000 or more shares, sold up to -4ttli, its
best quotation since the suspension of divi
dends. Anthracite shares. New Haven. Canadian
Pacific and Great Northern, led the better
known railway issues, with a revival of
activity at higher prices in the former Gould
stocks and Western Maryland. Inactive
specialties, like American Sugar, Beet Sugar
and Montana Power, figured in the rise.
Total sales of stocks amounted to 264,300
shares. ,
Bonds were firm. New York Central 6s
being the only exception. Total sales, par
value, were 1,5jO,000. United States bonds
were unchanged on call during the week.
NEW YORK STOCK LIST.
Sales. High. Low.
Close
34
62
44
2!) 14
67
103
104
122
2S
99
72
89
1514
162
34
4411
11
90
128
38
27
25
5
10
8
23
142
118
35
107
62
24
94
337
116
11
23
13
11
120
59
12
85
59
102
105
26
106
152
18
147
Alaska Gold...
Ama Copper. ..
Am Beet Sugar
American Can.
Am S & Rfg...
do preferred.
Am Sugar Rfg.
Am T & T. . . .
Anaconda Mng.
AK-hlgon
B & O
Brooklyn R T..
Cal Petroleum.
Canadian Puc.
Central Leather
C & O .
C,G W
CTM & St P
C t N W
Chino Copper. .
Colo T' &. I....
Colo Southern..
D at R G
do preferred.
Distillers' Seers
Erie
Gen Electric.-.
G t Nor pf d . . . .
Ot Nor Ore ctfs
Guggnhm Explr
Illinois Central. .
Inter Met pfd.
Inspiration Cop
Internl Harv.. . ,
Lehigh Valley. .
ti &. N
Mex Petroleum
Miami Copper.. .
M K ft T
Mo Pacific
National Biscuit
National Lead..
Nevada Copper.
N Y Central . . .
N Y N 11 H.
Norfolk & W..
Nor Pacific...
Pacific T T. .
Pennsylvania i . .
Pull Tal Cat.. .
Ray Con Cop..
Reading
Rep I & S
Rock Island Co. .
do preferred . .
St L ft S K i'pfd .
So Pacific
So Railway....
Tenn Copper. . . .
Texas Company.
Union Pacific.
do preferred. .
V S Steel
do preferred.
Utah Copper. . .
Western Union.
1, -SOO 3 S4!4
T.Wio 021. SI
2. H.I0 40 44
4.2'JO 30 21114
1,600 6314 67
1.400
1,200
1.700
1.700
3.000
3,700
MO
1.000
soo
1,000
Y.ioo
soo
4.000
1,000
10314
12214
28 Ti
00
72 li
60 14
lSi
io:i--)4
8514
44
K?4
126
3014
27
10414
122
2S14
v
7214
8U14
1514
162
35
44
i6' '
126
3814
27 Is
200
1.300
V.666
y.ioo
.600
2,200
7,300
i'.soo
8
24
8
23 14
iis;4
34
02(4
62"
23
13714
ioi
is' '
1114
5S
1214
85 !i
5
10214
106
3314
02
" 62
2414
13a"
12
i.iii'
12 4
ii' '
2.600
4,800
11
'"ii
1,000
12
Sj
6014
111214
1081,
76
3
IS
"'8
"if
337
106 106
1f?4
148
211
1874
147
2114
5
87
16
20
134
125
80
48
103
55
63
88 14
16
2914
13414
123
87
16
2t.
134
12514
4
2
141
239 49 li 4814
3 105 '4 103
55 56 53
10 6514 64
12 72 72
West Electric.
Total shares for the day, 264,300.
NEW YORK BONDS.
IT s ref 2a reg.. 98H'N Y C gen 314s
U S rcf 2s cou.. 98'N'or Pacific 3s.
U S 3s reg 101iNor Pacific 4s.
U S 2s cou 10114Unlon pacific 4s
U S new 4s reg. 109 14 S P Co.'s
U S new 4s cou. 110i
79
64
92
95
98
Money Kxchange, Etc.
NEW YORK, March 27. Mercantile paper,
3 per cent.
Sterling exchange steady. Sixty days
$1.77.50; for cables, $4,So.25. For demand.
$4. 80.
Bar silver 4!c.
Mexican dollars 38c.
Government bonds steady; railroad bonds
firm. ' .
SAN FRANCISCO. March 27. Sterling
Sixty days, $4.77; demand $4.70; cable,
$4.80.
LONDON, March 27. Bar silver 23d
per ounce. Money lift 114 per cent. Dis
count rates Short bills 2 fe2 per cent;
three months, 2S2 per cent.
GOLD AND CERTIFICATES DECREASED.
Position of Federal Reserve Banks Shown
by Weekly Statement.
WASHINGTON, March 27. Gold coin and
certficiates In the vaults of Federal Reserve
banks decreased about $3,000,000 during the
past week, according to the statement of
their condition March .26, issued today by
the Federal Reserve Board. The statement
shows:
Resources
Gold coin and certificates $242,108,000
Legal tender notes, silver cer
tificates and subsidiary coin . . 23,098,000
Total $285,266,000
Bills discounted and loans
Maturities within 30 days $ 9,713.000
Maturities within 60 days 14,514,000
Other 5.454,000
Total 3i,6s::;ooo
Investments 21,079.000
Due from Federal Reserve banks
Items in transit .'":...$ 8,573,000
All other resources i. 9,110,000
Total resources $333,211,000.
Liabilities . ,
Capital paid in 36,10a,000
Reserve deposits 28,21i,000
Federal Reserve notes in circu
lation (net liabilities) 8.889,000
Total liabilities $333,211,000
Gold reserve against net liabilities, S3.1
'cash reserve against net liabilities, 91.0
'"cash reserve against liabilities dfter set
ting aside 40 per cent gold reserve against
..... aMMmt of Federal reserve notes in cir
culation. 92.6 per cent.
LARGE INCREASE SURPLtS RESERVE
New York Banks Add Ten Millions to
Holdings.
NEW YORK, March 27. The statement
of the actual condition of clearing-house
banks and trust companies shows that they
hold $149,875,760 reserve In excess of lega;
requirements. This is an increase of $10.
276.240 over last week. The statement fol
lows: T
Increase
Loans, etc. . .. $2,384,820,000 $ .1,400,000
Reserve in owa
vaults 393,341,000 13.210,000
Reserve in Federal
reserve banks 115.033,000 357,000
Reserve in other
depositaries S2.694.000 1,436,000
Ntt demand de
posits 2,277.093,000 17.23.000
Xet time deposit.. 10S.OJ5.OiO 2,5tfi.000
Circulation 38.6J3.000 ao3,000
Decrease.
Of which $321,072,000 i specie.
Aggregate reserve, $i43, 200,000. Excess
reserve $149,873,700; Increase, $10,278,240.
.Summary ut state banks and trust com
panies in Greater New York, not Included
In clearing-house statement:
Increase.
Loans etc. $559,963. 4V $ 720,500
Lmtm1 tenders 9,b2t,400 &5.&00
Total deposits 6ftl.137.S00 5.110.100
Total deposits 43,9o2,000 177,000
Banlcs cash reserve In vaults, $10,848,700.
Trust companies cash reserve in vaults, $43,
004,200, Decrease.
STOCK SALKS LARGEST SINCE WAR
Pric to Wall Street Reach H Iff h est Level
of Season.
NKW YORK. March 27. Stocks went this
week ie the highest prices and were sold in
!ne larsest volume since ino icauiui'nuu -
xnaxKet sessis-is jnierrupicu uj -u
speculative factor was revealed in the pront-
i . AsrnAoiolTir fnr T -fn-
IH.KJUg' aairi vu. "".""i . v. .r
don. and In -he guying under pressure from
uncovered shorts.
Starting trim specialties affected by large
war orders, the movement trcadened to the
T.'iiOie list, tiirajiuiiitti y ".iu
ditions were the jrime influence. Chances ol
ftti 1 Clio 1 11 ui tuu v a. i (siev
The fall of Przeznysl and Italy's apparent
readiness to take the field furnished added
material for speculation and surmise.
Dominance of the bullish spirit was shown
In the way contradictory factors were recon
ciled. Ending of the war and the war's re
quirements for our goods figured equally.
Increase of February net earnings-of rail
roads were largely a result of drastic eco
nomics, involving heavy cuts in orders for
equipment and material. Reduced imports
shared with expanded exports in the phe
nomenal trade balances, deprivinff various
industries of material for production.
Operations of steel mliis were increased
by orders for war supplies. Large shipments
of copper were made undur agreement with
British authorities assuring destination- Cot
ton continued to go under extension of time
allowed lor aniyntfuia iu ur j. r
and cotton both touched highest prices since
tne war. rrunjretw i". on un..
wheat crop entered into calculations.
Large entries of gold afforded partial re
lief to the .depression of foreign exchange.
Argentina secured a loan of $13,000,000 and
Germany a loan of $10,000,000 and negotia
tions for credits to half a dozen other coun
tries were under way.
Americans Firm at London.
LONDON, March 27. American securi
ties on the stock market today recovered
further gains on buying for New York ac
count Transactions were most frequent in
Canadian Pacific. Union Pacific and Erie,
The closing was firm.
SHEEP MARKET CLIMBS
BEST PRICES OP SEASON PAID DUR
ING PAST WEEK. .
All Classs of Cattle Sell Readily at
Steady Quotations Decrease
0 In Hog Liquidation.
.
.a business was transacted at the stock
yards yesteroay. The only receipts were 18
head of cattie and one calf, the chlppers
beins Clyde Brown, of Carlton, and A.
Chalmers, of Wilkesboro.
The official weekly market report of the
Portland Union Stockyards Company follows:
The receipts for the week have been:
Cattle. 1628; calves, 26; hogs, 2144; sneep.
11 'Cattle receipts this week have been
fairly liberal with ready sale for all classes
at steady prices compared to the previous
week, top steers bringing $7.75.
"With light receipts there seemed also
a slowness to the opening of the swine
market, values declining from 10 to 20
cents. Even at the decline this market Is
higher than the Eastern markets.
"Jsorth Portlund sheep prices continue to
climb. Monday sales were made at c for
prime lambs, shearlings at 7.7 and shorn
ewes at 6. Good quality shearlings no
doubt would spring the above sales."
The following sales are representative or
tne sees B inwc.
Wt. Price.)
57 steers ..12117.73 :3 cows
11 steers ..1U15 7.651 4 cows
52 steers ..1U.I 7.60!;4 hogs
72 steers ..102S 7.0 42 hogs
I bull ....1311 6.2i; 99 hogs
24 bulls ...1681 6.0O6.jO hogs
1 stag ...1111 S.i014S7 lambs
Wt. Price.
..1162 $6.50
.1215 6. 25
.. 192 7.60
... 171 7.50
... 1SI 7.45
. ISO 7.40
. . 83 8.00
1 ..km
216, 8.OO1 12 lambs
.112 8.50
23 wethers.
114 6.5D
56 COWS . . . i - . 1.
25 COWS D.Qrfl
Prices current at the local stockyards on
the various classes of stock:
Beststoers HfA'-A
Choice steers lt'ifa
Medium steers
. . ti.00 5x6.50
.. 3.0015.75
. . 5.00 rati. 23
.. 3.50 & 6.00
. . 5.00
. . 6.507.45
. . 5.110(9 4.00
. 7.00 7.75
. . COO 6.73
. . 7.50(89.00
Choice cows ..............
Medium cows
Hsit.irs
Bulls
Stags
HogS .
Light
Heavy ...
hneep
Wethers
Ewes
Lan.bs ,
Omaha Livestock Market.
SOUTH OMAHA. March 27. Hogs Re
ceipts 6S00. higher. Heavy, 6.4S6.55; light
6.50i;6.65; pigs. 5.&0 fc6.50; bulk of sales.
6CaUltiReceIpts 100. steady. Native steers,
!6.258: cows and heifers, 5 6. .5. west
ern steers. 67.60; Texas steers, o.S0
70; cows and heifers, 4.756.50; calves.
Jueep Receipts 100, strong, steady. Tear
lings. $8.509; wethers, 7.608; lambs, ti
l 9.90.
Chicago Livestock Market.
CHICAGO. March 27. Hogs Receipt
ooo strong. 6 to 10c above yesterday's
average Sulk, 6.666.S0; light, J6.60
J..0?mixeJ?. S6.56.85: heavy $6.356.80;
rough. 16.356.50; pigs, Sa.404c6.45.
Cattle Receipts 100, steady. Native steers.
$6&.8.80; Western. $5.50 w 7 .50; cows and
heifers. 37.85; calves. fb.10.1o.
sheen Receipts 500,- steady, feheep, $7.15
l.2f:aVlinS.. ; iambs, J7.50
9.S5. .
SHEARING AT YARDS
CARLOAD OP MIXED WOOL SOLD AT
20 TO 28 CENTS.
t "
Eastern Buyer, are In Country Awalt
Ibi Ordera From Hcadqnartera
Before Purchasing.
The weekly market letter of the Portland
Wn,.i Warehouse Company follows.
Our ctrr??pondents in PWladelph a and
Boston wire the condition of the wool situa
tlTnhe VosYjuatlon at t-e present writing
Is neculiar to say the least. Lifting tne
embargo" scare Is taking care of Use 6 by
rSS. of . foreign markets climbing 'flier
everv dav. and wool is sold as fast as it is
offered in all wool markets of the world
and If the embargo were lifted entirely tne
h?eh price prevailing in foreign markets
would 'act aJ 1 an embargo in Itself for ex
POLondon sales have advanced 15 per cent
over the opening, and are st.ll advancing,
and at Montevideo and Buenos Aires the
same advance continues. XT
The woolmen of Oregon and the North
west are not alone holding, "ut it Is all
over the wool-producing states, and, In fact,
a'TheeEasternrmarkets are extremely quiet
and mills are not operating except fjom
hand to mouth, and they are not expected
to, as the orders they are now running on
are based on last season's price of wool.
The new goods opening up, however, are
based on the present wool quotations, and
when new orders for goods arrive the mills
will pay the price for their new wools.
There is no doubt that the dealer wants
to bear the market, especially .as the next
t months Is bis time to stock up for the
coming season, and it is his privilege to get
his wool as cheap as he possibly can.
marlret rlAnnfflll A TI
Tne nrmneae w.
inherent strength, and ' while prices are
shaded a trifle, there, are no wools sold that
actually show a loss.
Wools are bestnnin to arrive in our ware-
noute. ana inwn n.o -
excellent condition, showing: good character
and light shrinkage. A number of the East
ern buvera are through the country await
ing orders from headquarters before they
. , . i. ..ii.. vhlla all fatkl thai
flan ouying iiwuj, . 7,
the present price are nigh, all aeem to
realize that they will have to pay well for
hia vfir- hut vervbody dislikes to
make the break first.
Mohair is quiet with an upward tendency,
and the tone of the market for both wool
There Is somi shearing going on in the
lOCtt.1 yiru, tuu w w - i.
car mixed wool, three grades, for the Union
Meat uompany uuui iw -w jj.
Metal Market.
NEW YORK. March 27. Copper firm.
Electrolytic 15.62 tyl 0.75c; casting 13.00
16.50c nominal. Iron unchanged.
Duluth Linseed Market.
DULUTH, March 27. Linseed cash
May yi.t4; July l.titt.
. New York 8iurr Market.
easy. Molasses $4.12; centrifugal J4.89; re-
imea. quieu
Cottoa Market.
v NEW YORK. March 27. Spot cotton
steady. Mid-uplands 9.6uc. No sales.
Hops at New York.
NEW YORK. March 27. Hops quiet.
ExcludinE AlasXa, the whole of the
United States could be put into Brazil and
and there would still be 200,000 square mile
uncovered.
GOLD IS NOT NEEDED
Enormous Supply on Hand and
Imports Unnecessary.
MONEY CENTER OF WORLD
United States in Strong Financial
Position Despite European War.
. Labor Situation Better Than
in Other Countries.
The Wiltea State, is the only """JA
the world that has not been lously ar
fected by the European war. The K
financial position ot the country b ' a"lbed
by Henry Clews, the New York banker, as
f0The"mo.t striking, also the most ""J?;
fact in the ontlook Is the remarkably strong
financial position of the United States. Our
liscal affairs are thoroughly mobilised upon
a war basis. Nearly all the emergency cur
re,Tcy iued in the form of Aldrlch-VreeUnd
notes or clearing-house rtl''Mt" J?,
retired. Our banking system is e?"on?''J
strong; and the Federal reserve 's'etm;uw't,n
minor exceptions, is working very "ff"c
torily. Our gold supply is simply enormous
resching about 1.0,OUO,000. which to vastly
more than necessary for our requirements.
There Is consequently no need of our 'nP"
lng gold, although foreign exchange rates
favor such an influx.
Our merchandise exports are upon an enor
mous scale, and promise to so continue lor
months to come. As Imports are declining,
the trade balance In our favor is steadily
rising. To some extent, the void In lmPr"
is teing filled by a return of secur ties, but
much of the bafance remains on this side In
the form of foreign credits which are stead
ily growing In Importance and volume.
N?W York for the time being is the chief
open money market In the world, and mU.
or nearly all, of the belligerents have estab
lished large credits in this market to be use!
chiefly for the purchase of munitions of war
Until the war ends, a contingency unhappl y
not yet In sight, this situation will probabl
be maintained. !,..,..
The war is still the dominating Influence
in our financial affairs, and the United
States Is the only country thus far receiv
ing any offsetting advantage whatever from
the staggering waste of life and PPf"J
now devastating Europe. Spring has arriveel
and the struggle will now be waged with
renewed bitterness and vigor; no end Do
ing in sight at this writing, except such as
must develop from exhaustion or breakdown.
Steel Trade Is Expanding.
The home business situation, while far
from satisfactory, shows Improving tenden
cies at work. Of course, business is de
pressed; that could not be otherwise, circum
stances considered; but the sane policy
to make the best bf things and .leer a steady
course between blind optimism and deaden
ing pessimism. Confidence, is slowly reviv
ing Many industrial activities will resume
with the coming of Spring. Building oper
ations are already on a rising scale.
The steel trade is expanding slowly, but
surely, and Is now running on a. B0 per cent
basis. Unusual quantities of mannfactureu
steel are being exported; also large quan
tities of war materials. American ship
owners are enjoying a positive boom, such
as they have not witnessed iu years. Imple
ment makers are beginning to feel effects
of the prosperity enjoyed by American farm
ers which has done so much to offset indus
trial depression In other parts of the coun-j..-
Inloctrv I. wnrklns under
better conditions, thanks to lessened un
certainty regaraing raw num "
Our railroads, however, are still seriously
. . ... ,niBKArf ..vaniira and ln-
nampereu d? Ui..,.." - -----
creased expenditures, so that the dividend
.... .- . i ? ,. MAnlranarl 11 n AK
OUtlOOK 18 BUU tt piwuiBtii "i " ----- -
Nevertheless, it would seem as if the worst
i . I lna.1m Via H ulrMflv heCH
concerning lub -
experienced; and a very important factor
regaraing tneir imuio , --
. i- ,tn o insr railroads
and other large corporations. The disposition
. ,. i ,ti lnplslntlnn
to injure capiLai i.y
and regulation is distinctly on the wane. Not
only at "Washington, but In state and municl-
... ... .. ntlnnal and iust
pal government..
spirit is developing, that Is sure to en
courage A SlOW, DOt Sieauy, revnu
fidenee among business leaders as well aa
investors.
I,abor Sltualion Is Good.
The labor situation here Is better than In
any other country ot the world at this time
American labor is free from the curse of
war The proportion of unemployed may
be large, especially In great cities, whither
the shiftless always drift in the Winter.
But the number of Jobless Is much smaller
than might have beer, expected In view of so
much depression, because war has stopped
immigration and induced a large number of
aliens to return to fight for their native
lands across the sea. This Spring few. If
any. aliens will come to the United .Ttates
from Europe; and after the war Is over
labor will be In such large demand for re
construction purposes as to restrain any
sudden intlux to this side.
Public attention has been largely concen
trated upon the new form of blockade
adopted by Great Britain and her allies
Thus far this movement has not seriously
aggravated the export situation, but the
outlook is full of rather serious possibilities.
Yet, so long as a patient and - considerate
spirit Is maintained between our Govern
ment and the allies, the danger of trouble
will be reduced to a minimum It Is fortu
nate that Congress Is not in session. Our
President is weighted with tremendous re
sponsibilities. In the meeting of which he
.w ... ,.H nnt IhA orltleism Of
memo uto Buvi.
the public In his present policy towards the
Demgerenis; wiiitu, .............. ----
neutrality. Is also lalthfully guarding legiti
mate American Interests.
Very considerable amounts of American
stocks and bonds have been sold here on for
eign account during the past few weeks,
without causing any appreciable weakness.
There has been more or less selling on short
account, presumably to anticipate further
foreign liquidation. Purchases are being
made with much discrimination. Investors
showing a decided preference for short-term
obligations, good bonds and high-grade rail
road shares. There have been further offer
ings bf Government, municipal and public
service issues, which have been well taken,
considering adverse influences.
Money is easy and foreign exchange con
tinues weak, owing to the large supply of
commercial bills, based on shipments of cot
ton, foodstuffs and war materials. There has
also been heavy selling of exchange on be
half of one or two leading European govern
ments, presumably in connection with mili
tary operations. The war is now entering
upon a new stage; carnage and destruction
are about io begin on a scale never before
experienced. At ,. . . ------
wise than depressed by such unspeakable
norroro anu wiueus.
POTATO STANDARD SOUGHT
Clarke Growers Plan for Year of
' Experimenting.
5 VANCOUVER, Wash., March 27.
The Clarke County Potato Growers"
Association is &oins to do some experi
menting in growing and fertilizing po
tatoes in this county this year. The
purpose of the association is to promote
the production and use of better seed
and better methods of cultivation. It
plans to eliminate undesirable varieties
and establish standards, and thus im
prove the quality of the product. It
plans to develop marketing facilities
and methods of handling the crop.
The Washington State College,
through its horticulture department. Is
co-operatingr with tho association in va
riety and fertilizer tests. Some of the
best standard varieties of seed potatoes
will be given to persons in different
parts of the county, with instructions
how to plant them and the fertilizer to
use.
BANK CASE E'NS MONDAY
No Saturday Session Du.. to Return
of Presiding Judge to Spokane.
Arguments by counsel for the Gov
ernment and defendant tomorrow will
mark the conclusion .of the trial in
Federal Court of Thomas R. Sheridan,
veteran banker of Roseburg, for 20
years head of the First National of
that city, who is being prosecuted for
alleeed violation of the National baak-
ing act and the misuse of state funds.
The case will go to the Jury Monday
night.
At the opening of court the Govern
ment will make its opening argument,
followed by attorneys for the defense.
The prosecution will close and Federal
Judge Rudkln will deliver his instruc
tions to the jury. By agreement each
side will take two hours only In pre
senting its arguments to the Jury.
There was no session of the court
yesterday. Judge Ttudkin being com
pelled to return to Spokane to attend
to a number of Federal Court matters
pending thera.
NUT TREES ARE GRAFTED
English Walnut Scions Fixed to Old
Trees at Vancouver.
VANCOUVER, Wash., March ST.
(Special.) Two black walnut tree
nlnnted nhnnt 1S64 bv Dr. A. Q. Cook.
an early pioneer of Vancouver, at
Twentieth and B streets have been
grafted with English walnut scions
by an expert, and P. M. Elwell, owner,
expects to have walnuts on them in
two yeara.
These old black walnut trees are
three feet in diameter at the base and
some of the limbs cut off, on which to
graft the sprouts, ,are 12 Inches in diam
eter. The grafting of English walnuts on
black walnuts Is being done success
fully in California.
SHEEP PRODUCE BIG GAIN
Flocks at North Yakima to Graie on
Orchard Lands.
NORTH YAKIMA, Wash., March 27.
(Special.) One hundred Lincoln ewes
taken by L. D. Green last November
from Coffin Bros, on shares, have
brought a return of J145.95 for his part
of the wool. It is estimated his share
of the lambs will be worth "next Fall
about 1625. , '
A movement to put small bands of
sheep on Yakima fruit ranches is at
taining considerable proportions. The
Cascade International Stock Show,
which recently offered to furnish sheep
for this purpose, is receiving daily in
quiries. Sorghum to Bo Tried at Klamath.
KLAMATH FALLS, Or., March 27.
(Special.) The Klamath Chamber of
Commerce has been interested by G.
W. Hartman, formerly of Optimo, Okla.,
and owner still ot a large farm near
Optimo. In the cultivation here of sev
eral sorghum varieties. Mr. Hartman
haB had considerable experience In the
cultivation of these crops in Oklahoma
at an altitude of 3200 feet, and he be
lieves they can be produced success
fully here. He has sent for 20 pounds
each of milo maize, fettereta. shallieu
and kaffir corn seed, and a test of the
cultivation of these crops will be con
ducted her this Summer by the Cham
ber of Commerce. Mr. Hartman says:
"These sorghums are 75-day crops. The
yield to the acre runs from 35 to 0
bushels of seed, according to the
amount of cultivation, and tho seod
sells for approximately 70 cents a
bushel.
Californlans Buy Oregon Kancli.
KLAMATH FALLS. Or., March 27.
(Special.) The old Carrich ranch near
Midland, south of this city, has been
sold to C. R. Patterson, of Midland, and
Allen W. Brew, of Chinese Camp, Cal.
The Carrich ranch comprises 375 acres,
but has been tied up in Circuit Court
proceedings In this county for some
time. The deal was conducted by the
R. E. Smith Realty Company, of this
city, and the consideration Is said to
have been J3000, with 4500 in cash.
About two years ago Mr. Patterson
purchased a 290-acre ranch adjoining
the Carrich place, which has proved
a profitable investment.
DAILY METKOKOI-OtilCAt. REPORT,
PORTLAND, March 27. Maximum tem
perature, 69.6 degrees; minimum, 45.2 de
gree?. River reading. 8 A. M., 3.4 feet;
change In last 24 hours, 0.2 foot rise. Total
rainfall (0 1 M. to K V. M.), none; total
rainfall since September 1, 11)14, 2:l.o4
Inches;, deficiency of rainfall since Septem
ber 1, 1U14, 13.08 Inches. Total sunshine,
9 hours 7 minutes; possible sunshine. 12
hours 33 minutes. Barometer (reduced to
sea level), a P. M., 2K.74 inches.
THE WEATHER.
T W ind.
g "o 3
55. c
rrTr-w c o o Stata of
c l A ius a. g o n Wekviber
e 2"o g
5 1 ; ?
q
Baker
Boise
Boston
Calgary
Chicago
Colfax
Denver
De3 Moines . . .
Duluth
Kureka
Galveston ....
Helena
Jacksonville
Kansas City ...
l.os Angeles . . .
Marshf ield
Minneapolis. . . .
Montreal
New Orleans .
New York
North Head
North Yakima
Pendleton ....
Phoenix
Pocatello .
Portland
Rcseourg
Sacramento .. .
St. Louis
Salt Lake ....
San Francisco. .
Seattle
Spokane
Tacoma
Tatoosh island
Walla Walla . .
Washington ...
Winnipeg
B2 0,
6H0
3S 0
4S 0.
44 0.
s o
flu 0
40 0
lit
700
eo o
50 0.
76 0
44).
6S 0
4 U.
4 J II
3M!
e u
12 (1
V0
08 0
05 U.
7J 0
52 0
OS 0
SO 0
02 0
45 0
(14 0
64 .
HO 0.
00 0
62 .
02 l
60 0.
420.
Slid.
00! (1
00; 4
,00112
00, S
00 14
.00, 6
00,10
.00 6
oo' i(:
OUZO;
.(Kl 8
00.14
oo' ii
SW iCloudy
S ICloudy
W j"lear
NK Pt. cloudy
SW iCIe
B
N
tciuudy
jt'loudy
'Cloudy
Cloudy
V
s
SE
Cloudy
N rt. ciouay
NW Pt. cloudy
00,10
SW ;cloudy
,oo;io
0i 4
OO 12
0o'20,
.oo; o
.OO 12
00 12
,00,
001 4'
IH1 1 n!
0I lit
.O0i 6
At' 4
00! 4
.00' 4'
4 20
OO.IS
.00! 8
00114
00 ,S4
00' 4
00 4
00 20,
NE ICloudy
NW cloudy
sw Pt. cloudy
NW Clear
NW Cloudy
NW Clear
SE Cloudy
NE H'lsar
SW .Cloudy
N i'loudy
SE 'loudy
K W'loudy
N ;Pt- cloudy
NE Kain
W iCIear
NW Cloudy
S 'Kaln
pt. cloudy
.f'loudy
fl't. cloudy
'Pt. cloudy
(Cloudy
Clear
ICloudy
WEATHER CONDITIONS.
The North Pacific depression Is central
this evening off the Oregon Coast and a new
high pressure area has made its appearance
over Alberta. The barometer is relatively
high over tho South Atlantic ana uult
States. Light rain has fallen In Southwest
ern Oregon and California. The tempera
tures have risen decidedly everywhere be
tween the Rocky Mountains and the Missis
sippi River.
The conditions are favorable for showers
In this district Sunday with lower temper,
tures in the Willamette Valley.
FORECASTS.
Portland and viclnfty; Sunday showers,
cooler; southerly winds.
Oregon: Sunday showers; cooler North
west portion; southerly winds.
Washington: Sunday showers, cooler In
southwest portion; southeasterly winds.
Idaho: Sunday showers.
EDWARD A. REALS, District Forecaster.
OVERBECK &
COOKE CO.
Brokers, Storks, Bonds. Cottoa,
Grain, l.tc.
16-!1 BOARD OF TRADE BUX.
MillBEKS CHICAGO BOARD Of
TRADE.
Carreapondents ef Logaa Bryaa,
Chicago and New Yerk.
MEMBERS
Hew York Stock Exchange
Chicago Stock Exchange
Button Stock Exchange
Chicago Board of Trade
New York Cotton fcxrliaogs
New OrleunK Cotton ICxcbastge
New Yrk Coffee bxrtaux.
Kew York produce Exchange
Uverpool Cottoa Ase'a
E
Large Volume of Export Busi
ness Done Quietly.
NEARLY ALL SPRING WHEAT
Chicago Market, Nevortlickua, la
AVeak and Closes rou at Ma
terial Declines Intervention
by Italy Brought Nearer.
CHICAGO, March 17. Notwithstanding
indications that considerable export busi
ness was being done under cover, bears rulrd
wheat today the greater part of the time.
Intervention by Italy and other heretofore
neutral powers was reported to have ap
proached a little closer, and ths msrk.t
nnished nervous at to 1W net d.-cllne.
Other staples, too. all showed losseew-eorn
4c to s V He, oats a shads to lc and
provisions o to 15c
It was authoritatively announced that sub
stantial sales of wheat for export, either
cash or futures, and almost entirely Spring
wheat, had been going on for a number of
days and were again in progress today. This
information had much to do with a strong
rally after an early setback. The weakness
early was due to lower quotations at Liver
pool, but the fact soon developed that yester
day's decline In America had been melnly
responsible for the setback abrosd. Huytng
on the fresh bresk here wss traced for ths
most part to houses that usually act for the
seaboard. Spreaders did a good desl of sell
ing of May and buying of September aa a
result of the wide difference ot price be
tween the two deliveries.
Corn showed heaviness throughout the ses
sion. Commission houses were persistent
sellers. Influenced by the Una weather snd
large stocks, and by the weakness ef cables.
Oats were unloaded quite freely. Heeding
conditions had improved, and demand from
shippers became slack.
LlbersI estimates of hog arrivals next week
made provisions sag despite steadiness si
the stsrt.
Leading futures ranged as follows:
Open. High. Low. Clnes
WHEAT.
May 1.474 1.50 1.T1 SI.4I
July 1.1 1.1 1.1
COHX.
May 71 H .71 S .'I ."
July 74( ."4i .US 3's
OATS.
Ma- S4 .r.S
Jul il .."'!' :i: .J
MESS PORK.
M y 17.55 17 T.r. I7.4S 17 42
Ji y' U.0J 1.0 i:.7 17 7
LARD.
is 4ti iti.40 in.:' io:7
jly 10.67 10.67 10..".5 10. i
SHORT RIBS.
May 10.05 10.li) to.oo 10.0(1
juiy io.s7 10.42 io.:o io.;;:
Cash prices weret
Wheat No. 1 red. fl.liVi: No. hard.
nominal.
Com No. 3 yellow, nominal; No. 1 yellow,
70c; No. 3 white, 70Sc
Rye No. 2. nominal.
Parley 71 r7Sc.
Timothy 4.506.:5.
Clover 8jl2.J5.
Primary receipts Wheat, .SS.O00 t. 615,-
000 buhel: corn. 433. 0M vs. 7.000 bush
els: oals. S45.0OO vs. 611.000 bushels.
Shipments Wheat. 401.UOO vs. J40.00O
bushels; corn. 4TS.0O0 vs. r.41.0(W bushels;
oats 674,000 vs. 710,000 bushels.
Clearances Wheat, 404.000 buxhels; corn.
6S2.0O0 bushels; oats, 1.647.O00 bushels; flour.
27,000 barrela.
European Grata Markets.
LONDON. March 27. Cargoes on passage,
easy, (id lower.
LIVERPOOL March 27. Options: Cora
cloned ttd lower. Cash wheat 1 td lower.
Coin Vd lower.
Mlaaeapolis tirala Market.
MINNEAPOLIS. March 27. Wheat May,
1.41V.; July. l.ai to 1 ..-.
1 hard, $1.47 ',4; No. 1 Northsrn. (14JW
14S' No. 2 Northern, l SS 1 44 Mi.
Barley, 648 74c. Khvs. 1 l.sH a 1.H2
Other Eastern tirala Markets.
WINNIPEG, March 27. Wheut closed
May, $1.4714: July. 1.40l. oats May,
Gliic; July, (1114c.
DULUTH. March 27. Wheat closed May.
$1.44 bid; July. 1.4"S.
KANSAS CITY, Miircli 27. Wheat closed
May. $1.30 bid; July, $1.1 Hi l.lUj.
l.raiu at San Francisco.
SAN FRANCISCO. March 27. Spot quo
tations nominal. Walla Wulls, 2.22u,
2 2."; red Kusslnn. 2.22t4 ; turkey red,
$2.i0S2. :)."; bluet-lem. 2.4ouV2.4.i; feed bar
ley $1 27 H P I .:; white oats. l.77sClOj
hrun. $20.."i0ij 27; middlings, $olU2; shorts,
$27.."06 2S.M.
Cull Hoard Barley, May, $1.2 asked.
ruget Sound Grain Markets.
TACOM4, March 27. Wheal Bluestem,
$1.2; forty-fold. $1.27: club, $1.27; red Kile,
$1.22. Car receipts Wheat 4, oats 1, hay .
SEATTLE. March 2. Wheat Bluestem,
$1 2fl; fortv-fold. X1.24: club. $1.24: Kir-,
$1.21; red Rusxlall. 11.19. Barley. $-'. p-r
ton. Yesterdsys car receipts Wheat, 3.
hay S.
( hit ago Dairy Produce.
CHICAGO. March 27. Butler unchanged.
Eggs higher. Receipts 12.00 c. at
mark, cases Included 17itHc; ordinary first
17 1714c; firsts lJHSt l"c.
K.lgln Butter Market.
FI.G1V. 111.. M i r h 27 Huter 2 " r
ibf !M-nitie organ And h-.p rd L!aaM
on dirm rsn niter, do cmnar . . y
jti ffrtod neiiiriiv:- iet pail r
or packsine. CkTi nnieHirm ndV st
off diw-m' No ftr, no cv"iM
tonics are oia ny .era. r era. j i m- ttJMW . - g
wan mad Poultry buppl Snores in rf
PORTI-ANl AND KVERIWHERE.
TRAVKIsEIW ii IDK.
TO SAN FRANCISCO
S.S. "Great Northern"
Fastest Ship aa the 1'aclfle.
Special Steamer Train Leaves Portland.
is'orth Bunk Ktatlon, Tenth and
lloyt A. M.
Steamer Sails From r'lavel 1:30 P. M.
Luncheon (12:30) Aboard Uhlp.
Arrive San Francisco Next Day 3:30 P. M.
SAIL DATES
Friday, April i: Tuesday. April : Sat
urday. April 10; Thursday, Ari In;
Saturday. April 17. Tufsctuy, Thursday,
Saturday thereafter. Tickets snd reser
vations North Bank Office, Fifth and
Stark, and Liepot. Tenth and Hoyt.
STEAMSHIP
Halls INrert Foe
BAN FKAJiCJM'O, I .OS AhOIXtS AD
BJUl U1KUU. ,
Monday, 2:30 P. M Mar. 29
ban fbamciih;o, roKTi.ANo a
LOS AMIKUa BTKAJ4MI1P OO.
FKANs UOLlwOl. Agent.
14 Third Street. A 4oa. Mahl .
COOS BAY LINE
Steamer Breakwater
Salle from Mnawat-TK Daeh. Hartlaad,
H A. Al. Friday. fc'reUkt aad ticket
Office, Alnenorth lock. Pboaea Mala
SttUU, A-JJJi. City Ticket Office, HU atfe
BC Pkoaee Marakall 4.-MO, A-4J131.
I'OKILA.VU 4V COOS BAH b. a. LIM
NEW ZEALAND
AUSTRALIA
VI flONOLCLU mmd mVA
PititiaU aHii(tr titan.r
"KIAUAKA' 10.O4J0 ton diipUosnin.
"MAIiL K-V. 11.iO0 tons dispiekcaiuvat
eiJ)nc every It dy from Vancouar, H. r.
Apply CMDa.ti.an lcific btMlimmy Cm M M
M. FortUod. Or., or to Ui (aaaUlan Aw
tralaiaAn Koyttl HmU liitv tM,
ascvuvaT, tt C
TRADE Ui
0
4