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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Feb. 25, 1917)
THE STJXDAT OREGOXIAX, PORTtiAXD, FELKUAKT 23, 1017. 15 BUTTER' AGENCY HEW Co-operative Dairy Exchange Will Sell Its Product. BIDS WILL BE RECEIVED Professor O. G. Simpson Appointed General Manager Union Meat Company Gives Vp la Con tract Made Last Summer. A change la to be made In the method of eperatlng the Oregon Co-operative Dairy Ex change, which will have considerable effect on the butter trade of Portland. Since last August the output of the ex change, the membership of which Is made up of most of the co-operative creameries of Oregon, has been handled by the Union Heat Company. The latter arm -has noti fied the directors of the exchange that It will hand back the contract and on March S the Exchange will enter the selling busi ness on Its own account. A mnv.m.nti are belnar closed for the1 leasing or a warenouso m . i.. i. in fnnrtnrt chleflv a iobblng business neas will be done In prints. The butter received each day will be graded and sam ples will be opened, on which bids will be received. City creamery men. Jobbers, brokers, shippers and all other buyers will be given an equal opportunity to hid on the offerings and the highest bidder ' will get the butter. Efforts will also be made to find Eastern outlets for the product of the co-operative creameries. Elnce the exchange was or ganized last year Its output has not only largely Increased, now aggregating 2.000, 000 pounds a year, but a great forward step has been taken In Improving the quality of the make, which Is now running to a gen erally uniform high quality. This Is an im portant matter In reaching out for Eastern business. Professor O. O. Simpson, In charge, of dairy manufacturing work at the Oregon Agricultural College, has been appointed general manager of the exchange and Is now arranging the final details for the polling of the new selling agency. Professor G. E. Frevert, who. with J. D. Mlckle, State Dairy and Food Commissioner, organized the exchange, and since last Au-a-ust has managed its business. Is going back to his former position with the United States Department of Agriculture. He will be located at Salt Lake and will do exten sion work among creameries and cheese factories In Western states. Professor Fre vert Is entitled to much credit for the work he has accomplished among the Oregon co operative creameries during the past year. WHEAT TRADE lb AT STANDSTILL No Activity In Likely rntll Traffla Sit uation Is Improved. With the traffic situation becoming worse eatih day, the outlook for a resumption of business in the wheat market Is not bright. Inquiries continue to come from the East, but under the circumstances scant attention is paid to them. A complete embargo on shipments from the West until the Eastern tracks are cleared Is regarded by dealers here as the only solution. Exporters are well supplied with tonnage on the Atlantic Coast, but most of their wheat Is tied up between the Northwest and the Eastern Sea board. Local exchange prices are nominal and follow the fluctuations at Chicago, yes terday's bids being 2 to 8 cents higher. Oats uid barley were quiet and steady. The. Liverpool grain cable said: Wheat, dull, but firm, expected light world's shipments. Foreign arrivals moder ate. Corn, firm, with dearer Import offers. Argentina shipping light; American offers iirm. Oats dull. Flour market firm. 'Argentine Recent rains beneficial to corn. Weather generally clearing end warmer. Corn prospects improved. All grain firmly held. European weather mostly un favorable. "Freight market everywhere strong with scarcity pronounced. Australia and India shipment! will be light, as freights are very high." Terminal receipts, in cars, were reported by the Merchants' Exchange as follows: Wheat Barley Flour Oats Hay Portland. Sat... 15 2 4 8 4 Year ao 10, 9 23 1 18 Total this week 6 10 24 47 28 Year ago S3 20 SO 11 94 Season to date. .3004 170 10S 1844 1BS3 Year ago D177 1341 120J 831 17CJ Tacoma, Frl. ... 4 x 6 Year ago 26 1 Season to date. .60m 110 Year ago 6U22 4K8 Mtltlp Frl..... 4 .... 7 2S1 1323 2U8 17S2 0 2 18 Year ago 23 2 9 6 8 Reason to date.. 4091 S3 1102 894 3012 Year ago. . .632 1137 1608 779 8119 POTATOES COMING FROM FLORIDA Nearly All Vegetable and Fruit Prices Are Tending Higher. The first new potatoes of the season will arrive from Florida the latter part of the week. They were shipped before the frost and it la doubtful whether further ship ments will arrive for some time. There was no change in the Oregou potato situation at the close of the week. Onion-buying prlcea were also unchanged. Considering the high prlcea. Front street la well supplied with all kinds of southern vegetables. A car of San Francisco cauli flower is due today and a car of celery will be on hand In a few days. A shipment of Florida tomatoes ts due. which will be the last for some time to come. Oranges advanced IS to 25 cents la Cali fornia in the past week and still higher prlcea are looked for. On account of the continued heavy rains In the growing sec tions, there Is very little fruit in the packing-houses and, therefore, practically nothing for shipment for the next five or six days. The lemon market Is also very firm at ship ping points. On account of the difficulty In getting shipment from Sicily, the trade looks for a very strong lemon market dur ing the remainder of the season, with very high prices during the Summer months. The frost In Florida has caused the grapefruit from that state to advance in price until It ts almost too high to bring to the Coast. Dealers are. therefore, switching back to California grapefruit. f BCTTER MARKET IS TENDING UPWARD Eggs May Be "Weakened by Cheaper Cali 0 fornla Quotations. The week closed firm In the butter market with cubes extras selling at 39 cents and wrapped prints at 42 cents. Word was re ceived that Seattle prlcea will be advanced 8 cents Monday morning. There was a 2 cent advance during the day at San Fran cisco. No announcement was made of higher prices on the local market Monday, but the market appears to, have an upward tendency. The egg market was firm on a continued y shipping demand from the Interior and un ' favorable local weather. These factors were offset in a degree, however, by a lower mar ket at San Francisco, which - Is likely to divert Northern trade In that direction. The first car of California eggs passed through the city en route to Seattle. On the street 84 cents was asked by some houses, but the general selling price was 33 hi cents, case count Poultry and dressed meat receipts were light and cleaned up at firm and unchanged prices. 4 Bank Clearings. I Bank clearings of the Northwestern cities yesterday were as follows: Clearings. Balances. Portland f 2,re.n72 $:!4:.21il Seattle 3.022,302 Dl:l,283 Tacoma 333.917 44.M5 Spokane 9J0.0l2 77.794 Clearings of Portland. Seattle and Tacoma for the past week and corresponding week in former years were: Portland. Seattle. Tacoma. 1917 S12.429.!76 IIO.'.'IO.S.-.O (l,X79.:i. 1916 9,37a.8f2 10.347.W3 l,r.2.534 191S S.3i4,tM .13.016 l.tMii! .04 1914 9.7.-K.4!r, 10.S23.410 1.757.579 1913 12.103. MB 13,745,5X9 2.840.304 1912 11.377.784 J0.83S.507 4.138.374 1911 1I.'J7.786 10.5tHi.b5a 4.212.902 1910 8,944, 0"2 10.9:'.3.637 5,199.343 1909 7,7()3,t;il 6,193. 3(16 5.005.005 1908 6,427.114 7,697,002 3.654. OrtSi 1907 8,128.(186 9.441.981 4.501,942 19l'6 5.457.270 1O.051.67O 3.91.49 19U5 0,o2..75 4,902,994 2.714.097 PORTLAND MARKET QUOTATIONS Grain, Flour, Feed, Etc. Merchants' Exchange, noon session. February delivery. Bid Wheat BM. yr. ago. Bluestem S 1.60 X 1.00 Fortyfold 1.59 .90 Club 1.54 .88 Red fife .... .88 Red Russian 1.02 .88 Oats No. 1 white feed 38.00 25.00 Barlev No. 1 feed 89.00 2S.H0 futures Bid. March bluestem t l ot April bluestem ....................... 1.62 March forty fold 1.57 April fortyfold 1.58 March club , 1.55 April club 1.50 March Kunslan 1.53 April Russian 1.54 March oats r.a.ja April oats ........................... 30.50 March barley 39.50 April barley 4U.UU FLOUR Patents. IS. 20; straights. 7.40 7.60; Valley, 7.70: whole wheat, iS.40; gra ham, 8.20. 1IILLFEED Spot prices: Bran. $20.50 per ton; shorts, 430.00 per ton; rolled bar ley. $421943. CORN Whole, J4T per ton: cracked, S48 per ton. HAY Producers prices: Timothy. East ern Oregon, 19fc20 per ton; alfalfa. S14 16; Valley grain hay, $12.5fl14. Dairy and Country Produce. BUTTER Cubes, extras. 39 cents: prime, firsts, 3Sc; firsts, 36?j37c. Jobbing . prices: Prints, extras, 42c: cartons, lc extra; but ter.'at. No. 1. 43c; No. 2. 41c, Portland. CHEESE Jobbers' buying prices, f. o. b. dock. Portland; Tillamook triplets. 20c; Young Americas not quoted. KGCS Oregon ranch, current receipts, 33'o per dozen: Oregon ranch, can dled, 8435c per dozen; Oregon ranch, se lects, 37c per dozen. POULTRY Hens, 1719c per pound; Springs, 17419c; turkeys, live, 20&22c: dressed, 2Si2Bi4c; ducks, 20022c; geese, 12 V4 13c. VEAL Fancy, 3515c per pound. POKK Fancy. 15', per pound. Fruits and Vegetables. l.ocal Jobbing quotations: TROPICAL FRUITS Oranges, navels, $1.90')3; lemons. 82.7394.25 per box; ba nanas. 5c per pound; grapefruit, $3&5.75; tangf rlnes. 81.75 per box. VEGETABLES Artichokes, 81.1091.29 per dozen; tomatoes, $6.50 per crate; cabbage, $5 65.50 hundred ; eggplant. 25c pound; lettuce, $2.75'3.75; cucumbers, 81.251.75 per doz. ; celery. $6.50 per crate; caullllower, 82.60 M 3 per crate; peppers. 35c per pound; sack vegetables. $l25j2 per sack; sprouts. 12VaC per pound; rhubarb, 10ttfl2e per pound; peas, 15''il7Hc per pound. POTATOES Oregon buying prices, J3.25 13.50 per hundred; sweet potatoes, 4c per pound. ONIONS Oregon buying prices: 810 per sack, country points. GREEN FRUITS Apples, 45cQJ2.25 box; cranberries, JlOly ll per barrel. Staple Groceries Loral Jobbing quotations: ' . SUGAR Fruit and berry, 18.10: Honolulu plantation, 88.05; Grants Pass beet, 47.90; California beet, $7.90; extra C, $7.70: pow dered. In barrels, 18.00; cubes. In barrels. 18.85. SALMON Columbia River. 1-pound tails, $2.40 per dozen; one-half flats, $1.50; 1 pound flats. 82.50; Alaska pinks. 1-pound tails. $1.25. HONEY Choice, $3S3.23 per case. NUTS Walnuts. sack lots. 18c; Brszll nuts, 19c; filberts. 19c; almonds. 18319o; peanuts, 7c; cocoanuts, $1.10 per dozen; pe cans, 18l!c; chestnuts. 10c. BEANS Oregon, small white, 9c; Cali fornia, small white, ll4c; large white, 1114c; Lima, lHJc; bayous. 9c; pink. 9Vc; red Mexicans. 0c; Manchurian. Sc COFFEE Roasted. In drums. 17&35C SALT Granulated. $16.75 per ton: half ground 100s. $11.30 per ton; 5os. $12.10 per ton; dairy. $14.70 per ton. RICE Southern head 77c per pound; broken, 4c; Japan style, 4&4Vc. DRIED FRUITS Apples, 10llc: apri cots, 16019c; peaches. 8i,10c; prunes. Italian, B&Dc; raisins, S 4i 1 5 ti c; dates, Persian, 15c per pound; fard, $2.00 per box; currants, lOlOc; figs, 2(33.50 per box. Hops. Wool, Hides. Etc. HOPS 1916 crop, 4h8c per pound. 1917 contracts. lO'Ji'llc per pound. HIDES Salted hides (23 pounds and up), 18c: salted stags (50 pounds and up), 14a; green and salted kip (15 pounds to 25 pounds), 18c: green and salted calf skins (up to 15 pounds), $2728c; green hides (25 pounds and up), 16c; green stags (50 pounds and up), 12c; dry hides. 30c; salt hides, 25c; dry horse hides. $12; salt horse hides. fiij 5. PELTS Dry long-wooled pelts. 24c; dry short-wooled pelts. 17c; dry shearlings. 104j 25c each: salted long-wooled pelts, $11.50; salted short-wooled pelts, 50c ft J 1. TALLOW No. 1. 8"c per pound. WOOL Eastern Oregon, fine, 2833c; coarse, 33 ft 36c: Valley. 33 041c MOHAIR Nominal. CASCARA BARK Old and new, 64 7c per pound. Provisions. HAMS All sizes, choice. 25c: standard. 24c; skinned. 21 22c; picnics, lSHc; cot tage rolls, 19c. LARD Tierce basis, kettle-rendered, 19o; standard pure, 18c: compound. 16c. BACON Fancy. 3133c; standard, 27 2Sc; choice, 22f26c. DRY SALT Short, clear backs, 1921c; export, 20 Vi, & 22c; plate. 18 17 Vic Oils. KEROSENE Water white, drums, barrels or tank wagons. 10c; cases. 184 &22e. GASOLINE Bulk. 2Hic; cases. 30c; nap tha, drums. 19Vc; cases. 30c; engine distil late, drums. 10 Vac; cases. 19c. LINSEED OIL Raw, barrels, $1.08; cases, $1.15; boiled, barrels. $1.10; cases, $1.17. TURPENTINE In tanks. 67o; la cases, 74o; ID-case lots, lo loss. Large Broccoli Contract Signed. EUGENE, Or., Feb. 24. (Special.)- Con tracts to purchase broccoli to be growa on 800 acres of Lane County farm lands have been signed by H. A Raser and W. T. Langlela. of the Western Broccoli Associa tion, recently formed In this city. Fifty farmers have accepted the terms offered by the company. The crop la expected to total 60,000 crates, and will be shipped to Eastern markets In carload lots. Growers will plant from one to 22 acres of broccoli. Copper Market Firm. NETV YORK. Feb. 24. Rumors that allied governments were, re-entering the copper market have not been definitely confirmed, but domstic buys re are said to have pretty well cleared up offerings ot electrolytic for delivery this side of July, and an improve ment has been reported In the demand for third quarter during the week. In the ab sence of offerings the market for spot and nearby Is norminal, while quotationsof 33c to 3oc for the second quarter are practically nominal also, and the third quarter Is held at prices ranging from about 31o to 37Vsc, though no actual business has bee nreported at the outside figure. New York Sugar Market. NEW YORK. Feb. 24. The market for sugar futures was easy under selling by commission-houses and trade Interests, prompted by the lower ruling of the spot market. - Closing prices were 2 to 7 points net lower; March, 4.07c; May, 4.14c; July, 4.17c; September, 4.20c. Raw sugar, easy; sales, 40.000 bags; mo lasses. 4.13c; centrifugal, 5.02c Refined, unsettled; fins granulated, 7.00 8.00c. Naval Stores. SAVANNAH. Oa.. Feb. 24. Turpentine, firm. 48V4c; eales, 8 barrels; receipts, 35 bar rels; shipments, 4 barrels; stock, 14,224 bar rels. Rosin , firm; sales. 745 barrels; receipts. 626 barrels; shipments 579S barrels; stock. 77.936 barrels. Quote: A. B, C. D, E, F, G. 86.00: H. I. $5.95 to $6.20; K. S 05; M, $6 15; N, $6.35; WG. $6.40; WW, $6.70. Elgin Butter Market. ELGIN. 111.. Feb. 24 Butter, all ssles at 40 cents. EXPORT TRADE BIG Chicago -Wheat Climbs on News'of Heavy Buying. SENTIMENT TURNS BULLISH Lloyd George's Speech Interpreted to Mean Long Contlnnance of Ex traordinary Demand for Food stnffs Grains Are ITlgher. CHICAGO, Feb. 24. Big purchases for Europe led to a decided advance in wheat values today. The outcome was a strong close. Hie to 2Ho net higher, with May at 1.78V4 to 81.78 and July at 8L514s to $1.51. Other commodities, too. scored gains Corn V4c to He oats 14c and provisions 20c to 80c. Uncertainty at the outset .In the wheat market gave way quickly to widespread bullish sentiment that resulted from an nouncement of export sales aggregating 1, 600.000 bushels. Altered views in regard to Lloyd George's speech tended further to lift prices. The opinion most popular today was that the Premier's speech implied a long continuance of extraordinary demand for foodstuffs. Corn followd wheat, heaviness at the start being displaced soon by unmistakable strength. Shorts covered freely. Oats hardened with other grain. Trading, though, was of smll volume. Hoes at the long-coveted goal of $18 a hundred pounds, made provisions continue to climb. It was said hog supplies were short of daily requirements, and that signs pointed to curtailed receipts during March. Leading futures ranged as follows: WHEAT. Ooen. Ttlrli t.aw m. $1.7514 $1.78 81.7.-.V4 $1.78 H' Julv 1.4'.)Vi 1.51 Ti 1.49 IMS CORN. Mnv 1 Wtu 1 fill' 1 nni i ti Julv 09 1.00 .09 l.OOli OATS. Mv !tfl4 ST U FTrtli KT J"ly 64 .55 .54 .'54 MESS PORK. May 80.r:5 so fin no a so en July 29.76 - 30.10 29i75 BOOS LARD. May 17 40 17 "r tr at it July 17.43 17.72 17.37 1770 SHORT RIBS. May 16.22 16 47 16 12 16 42 J"'y 16.25 16.52 16.20 16.47 Cash prices were: Wheat No. 2 red. $1.80 ; No. 8 red, Nos. 2 and 3 hard, nominal. Corn No. 2 yellow, $1.01 K.; No. 3 yel low. 99C3 $1.00 ; No. 4 yellow, 96f?09c. Oats No. 3 white, 57 5814c; standard. 58 59 14 c. Rye Xo. 2. nominal. Ftarley $1 -if 1.28. Timothy $:.fiOi&8.S0. Clover $12 'til 18. Fork $30 08. Lard 1 7.65. Ribs $164j16.50. EUROPE REQCIRES AMERICAN WHEAT. Will Depend on This Country As Long As Supplies Are Available. CHICAGO. Feb. 24. Despite virtual sus pension of business at all grain elevators here and notwithstanding bearish effects of Lloyd GeorKe's speech announcing a se vere shortage of vessels to convey foodstuffs to the Entente Allies, advances which were scored by the wheat market earlier In the week have not been altogether wiped out. One of the chief sources of the. strength of prices appeared to the prospect that the European buyers would depend mainly on America for shipments as long as avail able supplies would allow. Net gains In wheat values as compared with a week ago ranged from cents to 3 cents. Changes of prices for corn and oats were Inconse quential. Provisions rose 42 cents to 67 cents. Wheat bulls had a clear advantage the first three days of the week, owing in a large degree to assertions that the subma rine campaign of the Germans was falling short of the results which had been In tended, and that the export outlook was good. Besides, hopes were generally enter tained thAt a decided clearing up of rail way traffic hindrances was at hand. The hulls made much, too, of messages that flooded in, telling of poor crop prospects throughout a wide section of the Winter crop belt, especially Kansas and Missouri. High winds and dust storms were said to have added to Injury due to cold and to lack of nourishing moisture. Aggressive action by Board of Trade of ficials looking to an embargo an all ship ments of freight East of Chicago except foodstuffs and fuel resulted on Tuesday from the fact that the railway blockade here Instead of being cleared up had grown so much worse that warehouse operations In grain had renched a nearly complete stand still. Since then wheat prices have been on the downgrade, accelerated to some ex tent by agitation In and out of Congress for radical steps to meet the wishes of the do mestic consumers. Traders In com and oats have merely marked time throughout the week. Fluc tuations were narrow and business for the most part local. High record prices of hogs made the pro vision market jump. The most urgent call was for lard. Minneapolis Grain Market. MINNEAPOLIS. Feb. 24. Flour. un changed. Barley. 93c$1.22. Rye. fl.459H Bran. $33.0034.00. Wheat: May. $1.80 to $1.8014: July, $1.75: cash. No. 1 hard, $1.91 1.94 : : No 1 Northern, $1.82 1.88 ; No. 2 Northern. $1.80 188. Flax. $2.77 4i 2.83. Kastern GValn T'ntnres. WINNIPEG. Feb. 24. Wheat closed: May, $1.77 Vi; July, $1.7314; October. $L42. KANSAS CITY. Feb. 24. Wheat closed: May. $1.77; July, $1.48; September, $1.36. ST. LOUIS. Feb. 24. Wheat closed: May, $1.73; July, $1.49; September. $1.88. Grain at San Francisco. SAN FRANCISCO, Feb. 24. Spot quota tions: Walla. $2.72 92 75; red Russian. $2 75; turkey red, $2 9598; bluestem. $2 90; feed barley. $2. 20 '912. 22 ; white oats. $1.98 H197: bran, $28029; middlings, $40 042; shorts, $30 SI. Callboard Barley, May. $2.18; December. $1.62. Pugct Sound Grain Markets. SEATTLE. Feb. 24. Wheat Bluestem, $1.61; Turkey red. $1.63: fortyfold, $1.57; club. $1.56; fife. $1.57; red Russian, $1.54. Barley, $38.50 per ton. Yesterday's car receipts: Wheat 4. oats 2. corn 2, hay 18, flour B. TACOMA. Feb. 24. Wheat Bluestem, $1.58: fortyfold. $1.86: club, $1.62; red fife $1.52; red Russian. $1.50. Car receipts: Wheat 4. corn 1. oats 1. hay C. FALL- SOWN GRAIN IS DOING WELL Lewlston Farmers Preparing; for Large Spring: Acreage. LEWISTON, Idaho, Feb. 24. (Special.) During recent, weeks there has been but little activity in the local grain market, because only 6 to 10 per cent of the 1916 crop remains In the hands of growers, and buyers are unable to get cars to ship grain already sold to Eastern exporters. One buyer. In reviewing the conditions, said he had not been able to get half of the cars needed to move the grain of his com pany to satisfy contract purchases and that the only grain that would lnterext him now must be In cars and ready to move to the Eastern markets. Buyers are Indlng ware house -charges a burden and growers who have held their crops are ready to escape this expense. Reports from all sections are that Fall sown grain Is In excellent condition, but because of the small acreage, farmers are none ;oo optimistic over the prospects for 1917. In the event weather conditions are favorable for plowing and seeding, farmers are prepared to seed an unusually large acreage, while unfavorable Spring weather would mean the crop acreage would tfe much below normal. Feed Plentiful In Polk County. BTJENA VISTA. Or., Feb. 24. (.Special.) South Polk County farmers report an abundance of feed this month, in spite of the expectations earlier In the year that dairy farms would suffer a shortage. The high prices for hay In the Summer-came down quickly when large sources of supply were revealed and In most cases there are abundant supplies on hand. Beets, carrots, corn and mill feed are used to supplement hay feeding. COFFEE FCTVRE9 SELLING CONTINUES Market Closes Lower on Renewed Liquida tion on Prospect of Restricted Outlet. NEW YORK. Feb. 24. There was renewed liquidation HI the market for coffee futures here today with the market again selling off on the expectation of a restricted outlet. The opening was comparatively quiet at a decline of 1 to 6 points, and there was some scattered covering after yesterday's sharp break, but offerings soon Increased with selling promoted by the sharp break reported In the market for futures at Santos. All active positions made new low ground for the movement with May selling off to 7.80c and September to 8.07c. or about 13 to 15 points net lower. Closing prices were within a point or two of the lowest, show ing a net loss of 12 to 17 points. Sales, 64.250 bags. February, 7.65c: March, 7.65c; April, 7.71c: May. 7.79c; June, 7.85c; July, 7.92c; August, 7.99c: September, 8.07o; Octo ber. 8.11c; November, 8.15o; December, 8.18c; JanusVy, 8.22c Spot, unsettled; Rio 7s, 9T4c: Santos 4s, 10 c. Offerings of Santos Ss and 4s were reported In the cost and freight market at 9.80c on English steamers and ot 10.05c neutral steamers, London credits. The official cables reported no change In the Brazilian spot markets, but Santos fu tures were 1.75 to 2.25 lower. SWINE MARKET STRONG MEDIUM BEEP SELLS AT HIGHER RANGE. S&ecp and Lamb Prlcea Are Quoted mt Adrasre, WIta. Week' Re elpta Verr LIgrbt. Price conditions were unchanged at the stock yards at the close of the week, the market being firm In all lines. Receipts were light, amounting to 619 hogs and 8 cattle Shippers were: J. E. Smith, Dayton, one ear cattle and hogs; O. W. Harrlger, Gridley. Cal., one car hogs; B. E. Wlllard. Marysville. Cal.. three cars hogs. The day's sales were as follows: Wt. Price. . .12L'0 $ 6.75' 4 hogs . . 4S0 10 00 61 hoes Wt. Price. .. 14S $12.35 .. 90 12.35 1 cow 1 hog 1 cow 1 cow 1 cow 1 cow 1 cow 1 cow .1150 6.75 2 hogs .. 485 11.50 . 880 . 710 . r.6o . 900 6. 25 4 hoss 392 11.33 6.0OI 8.8t 3o hogs 1 hog 99 11.25 160 11.00 60 10.00 139 12.00 6. 4 hogs 880 C 73i 12 hoes Commenting on conditions at the yards the Livestock Reporter says: "The trend of prices In the cattle division continues to point upward. Demand was excellent, as has been the case for some time. Butchers having been In trie market for part of the light receipts each day has added considerable strength to the market. Prices on this kind of beef are anywhere from 25c to 50c higher than last week. A fairly good-sized run was here Tuesday, al though there was a considerable part of it of the stocker variety for Central Oregon. Yesterday and today the trade has had to be satisfied with but a few heads which came in in mixed, loads. Several loads were re ceived for today's Jate trade. In which were Included some very good stall-fed valley steers from Tangent, "One load of prime steers shipped by D. S. Graham, of Condon, has made up prac tically the beef steer trade since Monday. They brought a steady price with the pre vious day, going at $9.25. A few other lots brought from $8.50 to $9. Demand was good and the market is very strong, with advanced prices in sight when supplies are available. Demand for good quality feed ing steers continues very brisk. "The supply of hogs here the last few days has been of fairly good volume, com ing mostly from the valley and California points. The demand has been very good, as usual, and prices have been on a steady basis with Monday. Boat California hogs sold at $12.23. There was also a large sup ply of rough sows and pigs received in these shipments. Hog raisers in tfie Southern state are disposing of these on account of the extreme shortage of rain there. The bulk of the good valley hogs sold at $11.35. which was also the top. There were no strictly prime hogs received to reach the top established at the week's opening. One draft of light 152-pound butchers brought $12.40. Best plga sold at $11.25 with most of them bringing $11. Feeders sold from $10 to $11. "There is nothing much to be said of tha sheep and lamb markets. The receipts have been practically nil. . Only two small lots of valley lambs have been received since Mon day. Quotations on both ewes and wethers wuh wool were another 25o higher today Prime ewes are quoted from $u.73 to $10 with best wethers at $10.75 to $11. The de mand for both sheep and lambs la excellent at the advanced prices. The two lots of valley lambs that were offered were thin and sold at $12. Best shorn Iambs are Quoted from $10.50 to $10.75. Prices current at ths local yards were as follows: Catti Price. Steers, prime $ 9.25 tt 9.60 Steers, fair to good ....... Steers, medium Cows, choice Cows, medium to good ... Cowm. ordinary to fair Heifers ...... ."I ........ . Bulls ! Calves Hogs Light and heavy packing . Rough, heavies Pigs and skips Stock hogs wethers Kwes ................... Lambs 8.254 9. 25 8.0'l'a 8.25 7.73 8.00 T.OUdl 7.75 . . 6.50I&1 7.00 6.50 '(t 8.25 .. 4.60 7.O0 . . S.OOwlO.00 .. 12.20KH2.60 . . 11. OOiir 11.35 . . 11.OIHT71.50 . . 10.50 If 11.00 .. 10.2.1411.00 . . 9. 00 10.00 .. 11.23 413.00 Omaha Livestock Market. OMAHA. Feb. 24. Hogs: Receipts. 8000; market, higher. Heavy, $i2.6St 12.80; light, $12.40 12 70: pigs. $10,00 12.00; bulk ot sales. $12.6012.70. Cattle Receipts. 200: market, steady. Na-"Voe,,teei""- $8.20.11.25; Texas steers, $7.00 &8.25; cows and heifers, $6. 75 8 25; can ners, $3.0O6.6; stockers and feeders, $tl 00 10.00. Sheep Receipts, 200; market. steady. Yearlings. $11. 5013. 50; wethers,- $10.50 11.75; lambs. $ 13. 75 q 14. 65. Chicago Livestock Market. CHICAGO. Feb. 24. Hogs: Receipts. 15, 000; market, strong. 6 lo 10c above yes terdays average. Bulk of sales, $12.70(9 12 05; light. $12.0O12 90; mixed. $12 554 13.00; heavy. $12.501718.00; rough. $12 60 0 12.60; pigs. $9.5011.23. Cattle Receipts, 500; market, steady. Na tive beef cattle. $7 85ll.tM; Western steers, $7.8.) 10.15; stockers and feeders, $6 260 SoA??;.011 "'fer. 5.1810.20; calves. $9.00012.75. Sheep Receipts, 6O00; market. steady. 1460"" 10-0ai3.iai lambs. 813.36 BAN FRANCISCO PRODUCE MARKET Prices Current on Butter, Kggs, Fruits. Veg etables. Etc., at Bay City. SAN FRANCISCO, Feb. 24. Butter Freeh extras. 38ftc; prime firsts, 880: fresh firsts. 37c. Eggs Fresh extras. 2o; pullets, 27c. Cheese New, 21c; Young Americas, 22a. Poultry Hens. 24025c; old roosters. 160 16c; fryers. 26 & 27c; broilers, 80433c; large. 28i30c; squabs. $2,7643.00; pi eons, $1.73 2.25: ducks, lS'20c; geese, lstf20c; tur keys, 2524c Vegetables Lettuce, southern, iced, $1 7S 2.25; unlced. $1.251.S0; peas, southern, fancy, large. 10llc; small. 6WS0; toma toes, Mexican, repacked. 82.50&3.25; egg plant. 403.45c; green peppers. Florida. 40 &50c: garlic. 3&4c; sweet potatoes, $3.25; celery. $3: rhubarb, 12Hc; marrowfat and hubbard squash. 2c pound. Potatoes Rivers. $4j4.25. Onions $12.50 per sack. Fruit Pears. Winter Nellie. $2.5008.00; lemons. $3.23(33.50; grapefruit. 2.252.00: oranges, navels, $2.852.7fe. bananas, $1 & I. 50: pineapples, $241 2.50; apples. Newtown Pippins, $1.101.25: Bellefleur, 65675c Feedstuffs Cracked corn and feed corn meal. $48.5049.60; rolled barley. $4347; meal, alfalfa. $20.50, carload lots; lass. $21.50. Receipts Flour, B4 quarters; barley, 7665 centals; beans, 1015 sacks: potatoes, 2900 aacks; hay, ISO tons; hides, 225; wine, II. 00O gallons. Chicago Dairy Produce. CHICAGO. Feb. 24. Butter, easier. Cream ery. 8240c Eggs, lower. Receipts, 8662 cues. Firsts, 39c: ordinary firsts. 37&37Hc; at mark, cases Included. 88 & 39c. Potatoes Receipts, 28 cars, unchanged. Dried Fruit at New York. NEW YORK, Feb. 24. Evaporated ap ples, dull. Prunes, quiet. Apricots and. peaches, firm. Raisins, steady. Duluth Linseed Market. DULtJTH. Feb. 24. Linseed on track, $2.81 2.81 : arrive. $2.S14; May, $2.83 i asked; July. $1.83 asked. Hops, Etc., at New York. NEW YORIC Feb. 24. Hops, quiet. Rides, firm. Wool, firm. LAST PRICES BEST Early Losses Are Recovered in Stock Market. SHORT COVERING IS AID Drastic Measures. Taken by British Government Are Cause of Set back at Opening Small In terest in Rail Issues. ' NEW YORK. Feb. 24. For want of a more specific or definite reason, the Irregular tone of today's perfunctory market was gen erally attributed to latest developments across the water. The more drastlo measures tsken by the British government excited some apprehen sion in speculative circles, and gave an ex cuse for the early setback, which ranged from 1 to 24 points In shippings, oils and other Industrials and specialties that may be affected by the British embargo. United Htates Steel, which yielded a point at its worst, snd the metals furnished their usual large quota to tho meager turnover of 1 34.0OO shares. Ralls were utterly neglected, except for a moderate reversal In L'nlon Pacluo and a further reoovery In New Haven. Short coveting, which became general In the last half hour, resulted in more or less complete recoveries, notably in Pittsburg Coal. General Motors, Central Leather, Pressed Steel Car, Butts A Superior and Utah Copper. Tho bank statement proved to be widely out of line with forecasts., actual loans showing only a nominal Increase, with a small gain In reserves. W'eek-end news bearing upon financial and mercantile conditions referred more directly to traffic congestion snd the Inability of manufacturers to obtain raw materials. Another break in lires at 4.33 was the only Incident in the market for foreign remittances. Bonds were Irregular, mainly In conse quence of a further shading of the Interna tional group. Total sales, par value. $1,463. 000. United States registered sts and Panama 3s advanced l per cent on call during the week. CLOSING STOCK QUOTATIONS. Closing Sales. High. Low. bid. Am Beet Sugar.. 4oO fcS 87'i i7i American Can.. . CoO 43 42 43 Am Car t Fury b American Loco. . 500 6 69V 69 Am Sm i Hell.. 500 97 Vi 97 97 Va Am Sug K-fg ..... 112 Am Tel A Tel... 30O 123 T24' 124 7, Am Z L & S 200 36 06 85 Anaconda Cop. .. 4.O0O 78 774 TaVs Atchison 800 102V 101 102 Baldwin Loco. . . ...... ..... 52 Bait A Ohio . TAV4 Br Rap Transit 68 B A S Copper. . .. 600 47 V 4.1 464 Calif Petrol 2o0 23 H 23 V4 23 Canadian Paclf.. 900 154 153 153 Vi Central Leath. .. 11,000 b5V4 b3H S5 Ches Ohio 5SV Chi Mil & St P.. . 20O 60V4 80Vi SO Chi & N W 117 vj C R I & P Ry 28V Chino Copper. . . no IMS 63 Vi 54 V Colo Fu A Iron.. 600 44 46 46 Corn Prod llefg. 400 21 1, 21 Vi 21 Crucible Steel 2,700 C4 7 64 64 V Illst Securities. . 2,4ilO 2.1 V 23 4 23 Erie . 40O 26 Vi 2'('4 2H, Gen Electric... 700 103 161V4 101 ' Ot Nor plil 200 114 113 112Vt Ot Nor Ore ctfs.. 500 82M 32 Vi 82 Illinois Central.. 1014 Int Consol Corp 13 Inspiration Cop. 1.900 56 56 Vi 56Vi Int Harv NJ 11.1 Int M 11 pfd ctfs. 8.300.. 68 H 6 1 Vi 68 K C Southern 22 Kennecott Cop. . 1.1O0 44 Vi 44 44'i Louis A Nash. . . 200 127 127 126 Mexican Petrol. . 2.000 884 87 Vi 88 Miami Copper 88V Mo Pacific, new. 40O 28V4 29V4 29V Montana Power. 200 100 100 l8 National Lead 56 Nevada Copper.. 800 24i 24 Vi 24 Vi N Y Central 9.1 V4 NYNHAH... 4.800 46 44 45 M, Norfolk A West 12'.i Northern Pac lt374 Pacific Mail .- 21 'J Pennsylvania...- 400 544 644 64 Rav Consol Cop. 500 27 26Vi 20H Reading 4.100 9.14 H4'i 94 i Rep Ir A Steel. .. 1,400 77 7V 764 Shatt Aria Cop. .- 800 27V4 27S 274 Southern Pacif.. 500 94 93 9 I Vi Southern Ry. .. . 400 28V4 2S 28 Ptudebaker Co. . 600 101 lwllt 101 Vi Texas Company. 2O0 224 - 2234 2234 Union Pacific... 2,000 1S7H 13fl?i 1ST U 8 Ind Alcohol. 6.400 130 128 1294 U S Steel 24.600 1074 1064 107 do pfd 1194 Utah Copper. ... 1.300 110 109 1094 Wabash pfd B. .. 200 254 2.14 25V; Western Union. . 2tA 4 3V4 936 Westing Elect. .. 8.200 494 49 49V Total sales for ths day, 154.000 shares. Boston Mining Stocks. BOSTON. Feb. 24. Closing quotations: AUoues .... Arls Com . . Cal A Hecla Centennial . . 6.1 Old Dominion.. 614 ..121 Ow-eolo 8 ..507 Qutney 05 .. 20 Shannon ....... 9 . . 62 Superior 14 .. 14 Sup & Boston.. 64 7V4 Tamarack Rrt Cop Range ... Raet Butts ... Franklin Isle Royals . . . Lake Copper. . Mohawk ..... No Butte . 8214 Utah Cons 17T4 lSVi, Winona 4 82 Wolverine 48 Vi 21 HI BONDS. TT S ref. 2s reg.. do. coupon. . . U 9 8s reg " do. coupon.." U 8 4a reg. .. .' do. coupon Atrh Gen. 4s. . , NYC deb. 6s. . North Pao 4s. . , 09 99 100 1O04 IOO. . 109 934 108 i 03 H North. Pac Ss. . . 66H Pac Tel A Te 6s.looi Penn Con 4V4..,104, Sou Pao ref. 4s. .914 Un Pac. 4s 97 Un Pac. cv. 4s. .93 TT S Steel 5s... 1014 3 Pac. cv. 5s.. 11814 Anglo-French 6s.92Vi Bid. Money, Exchange, Etc. NEW YORK. Feb. 24. Mercantile paper, 4i94V4 per cent. Sterling. 60-day bills, $4.72; commercial 60-day bills on banks, $4.72; commercial 60-day bills. $4.714: demand. .$4.70: cables. $4.76 7-16. Francs, demand. 6.85V4: cables, $5.844. Marks, demand. 684; cables. 8"4. Kronen, aemana. 11.08; cables. 11.12. Guilders, demand. 40V4; cables. 40 1-16. Llres. demand. 7.41; cables. 7.404, Rubles, aemana, 2N.30; caDles, 28.45. Bar silver. 77 Vic Mexican dollars, 694e. Government bonds, weak; railroad bonds. irregular. LONDON. Fsb. U per ounce. -Bar stiver. 874 e '"D7i far wni. Discount rates, short bills, B HO 84 per tni'L, turow uivniiii, PTIVilll per cent. . Stocks Steady at London. LONDON, Feb. 24, American securities were quietly steady on ths stock exchange today. WIEK'S LOAN EXPANSION 18 SMALL New Tork Banks Report Increase In Excess Reserve. NEW YORK. Feb. 24. Ths statement of the actual condition of the clearing -house banks and trust companies shows that they hold $167,452,040 reserve in excess of legal requirement. This Is an Increase of $1.- 735,720 over last week. The statement fol lows. Increase. Loans. discounts. etc $8,481,687,000 $13,003,000 Reserve in own vaults 531.491.000 5,501.000 Reserve In Federal reserve banks... 19S,03V00 2,002,000 Iteserve in otner depositories .... 66,100,000. 891. Q00 Net demand do- posits 8,5.12.160.000 10,503.000 Net time deposits. 169.794.000 6.305.0OO Circulation 23,775,000 60.000 Of which $475,182,000 is specie. De crease. Aggregate reserve, 8780.626.000; excessive reserve. $167,452,940; increase. $1,737,720. Summary of state, banks and trust com panies in Greater New York not included in clearing-house statement: Increase. Loans, discounts. etc$75f,.14S.9,M $ 3.184. 0110 pecie 67.348. INK) 644. IOO Legal tenders ll.140.5on lis. Son Total deposits 98.024. 40O 14.091.000 Banks' cash In vaults. $14,934,600. Trust companies' cash In vaults, $63,434,200. FOREIGN SITUATION CHIEF INFLUENCE Stock Market Operations Governed by In ternational Affairs. NEW YORK. Feb. 24. The stock market trsversed familiar ground this week, -dealings, at all times moderate, being almost wholly Influenced by the foreign situa tion. That Great Britain's drastlo embargo must work to the detriment of this coun try's export trade seems to be accepted as an obvious fact. To what extent articles under the ban may be offset by Increased purchase of our raw materials, for ex ample iron ore. copper and other metals, re mains to be seen. Inquiry for securities from Investment INVESTORS, ATTENTION! Capital Chance Food products going higher, Coast industrial project with demand beyond present capacity invites capital. Good chance for large and quick returns on twenty five thousand ($25,000) for immediate use. Princi pals only. Address AF 98, Oregonian. sources continues disappointing. Sals dur ing the week of a large amount of Bethle hem Steel short-term notes and ths deci sion of the Southern Railway Company and to sell bonds but Issue notes to meet Im pending obligations and pay for necessary Improvements were significant features of ties nmrrow Demud for high-grade securl- In ths stock market all tha mors promi nent issues were subject to Irregular fluctu M . in th rails were more firm than industrials, while war and semi-war shares received much of their propulsion from pools and speculative Interesta Some of ths munitions and equipments were held back by ths financial disclosures In con nection with Bethlehem steel's foreign con tracts. The ear shorts gs and scarcity of fuel were less alarming, though of sufficient Im portance and extent to cause soma cessa tion of activities at Industrial centers. Economic problems growing out of ths in creased cost of foodstuffs also came in lor sober consideration. Further large gold Imports served to steady exchange rates to tbs leading entente capitals, but lires snd rubles were heavy to weak, Italian remittances falling to their lowest record. It Is understood that negotiations con nected with the placing of foreign loans fere are awaiting definite word from Wash ington. The terms and general scope of sny futurs foreign undertakings by American bankers are likely to be governed by the requirements of tho home Government. . nan in domestic business Is seen In ths reduced bank clearances, although these ... ...uuj larger man in the correspond ing week of the previous year and consider ably larger than those of 1913. LARGE INCREASE IN TOTAL RESERVES Gaun or Over Twelve Millions 1st Week by Federal Bonks. WASHINGTON. Feb. 24 Total reservs or Federal reserve banks increased more than $12,000,000 during ths week, accord ing to the board's weekly statement Issued today. The statement shows the condition of the banks pn February 23 to bs as fol lows: ' Resources) Gold coin and certificates In vault $21,3.13.000 Gold settlement fund 213.S61.OO0 Gold redemption fund with U S Treasurer 1.922.000 TJt .1 gxiid reserve ......... .$497,138,000 Legal tender notes, silver. eto...$ 15.249.0O0 Total reserve $512,387,000 Five per cent redemption fund against V. K. bank notes 400.0O0 Bills discounted members 20.26H.OO0 Acceptances bought 123.966.000 TJ. S. bonds 2H.47 l.U'iu One year treasury notes ....... 13.647.0O0 Municipal warrants ........... 17,124.000 Total earning aaaets ........... 200.474.OoO Federal reserve notes net 22.076.000 Due from other Federal reserve banks, net 732.000 Uncollected Items 138.940.0O0 AU other resources 8,271.000 Total resources $890,280,000 Liabilities Capital paid In $ B5. 989. 000 Government deposits 13.4O7.0O0 Due to members reserve account 692.47.1.O0O Collection Items liis.826.tKio Federal reserve notes, net 19.061. oo All other liabilities 522.0O0 Total liabilities $890,280,000 Gold reserve against net deposit and note Unbilltles 71.4 per cent. Cash reserve agalnet net deposit and note liabilities. 73.6 per cent. Cash reserve against net deposit liabilities after setting aside 40 per cent gold reserve against aggregate net liabilities on Federal reserve notes In circulation, 74.6 per cent. CALF LEATHER LOWER RECENT DECLINE FOLLOWED BY BETTER BUYING. Market Unsettled by Be sales and Dif ficulty In Shipping; Abroad Man , ufarturera Well Supplied. Boms time ago attention wss directed to the material decline in prices of raw cair sklns. caused by the arrival In New lorlt of 720.000 Russian skins, and since then calf leather has been similarly affected. Sell ing rates of tanners have been, stesdily re ceding for several weeks, with reductions from 3c to 8c per foot at a time, and prices now average from 15o to 20c per foot under quotations that prevailed lata last year. This decline is actual, and not based on some c'.'rcma asking figures thst were talked of two or three months ago. but which were not realised, except perhaps for lots of a few doren esch. Commenting on ths situation Dun's Rsvlew says: "During the last week or so, however, there have been Indications that the calf skin situstlon has been quite thoroughly readjusted, snd that a point has been resched where the market Is turnln! stronger again. This condition Is mani fested both In the raw material snd ths flnls.ied leather. Raw calfskin buyers re cently entered the local msrket for sizable quantities and the prices paid of $4. $4.50 and $3 fer the three divisions of weights in 5 to 7 pounds. 7 to 9 pounds, and 9 to 12 pounds, respectively, were anywhere from 50c to $1 higher than tanners could be Induced to bid a fortnight ago. Ths above selling rates, however, sre sbout $2 per skin lower than those realised late last year snd are about In 11ns with Chicago city skins. which dropped from 55c per pound down to 38c. Although no large sales are reported of finished calf leather, there Is more general buying at and around 0ic to' 63c for top-grade colons and 5bc to 60c for best selection blscks. Shoe manu facturers are operating and tanners have mads more sales than at any tlms In about two months. 1 "One feature of tbs ealf leather market that has been a depressing factor, and which, in fact, applies to about all other kinds of leather as well. Is that for some time past there have been numerous lots offered for resale at considerably lower figures than tanners havs been willing to name. Most of this leather was orlglnslly purchased soms tlms befors ths big ad vance occurred last Fsll. and consequently could be sold at a profit. A good deal of this stock has been offered by exporters, who were unable to engage freight spses for shipping It sbroad. but most of ths offerings hsvs come from dealers who were willing to accept liberal concessions rather than run the risk of carrying the stock on a weak market. A good part of the offer ings, however, have been mads by shoe manufacturers wbo. In tho previous sxclte ment of the market, did not discrtmlnats much In their buying, but overbought on many lines In their frantic sttempts to cover on everything before values got be vond reach." OVERBEGK & COOKE CO. Brokers. Stock. Bonds. Cotton. lirskin. Kte, 216-S17 BOARD OF TRADE BLBO. MEMBERS CHICAGO BOARD OF TRADE CorreT''nt Io(rn A Bryan. Ciilcago and New York MEMBERS w Tork Stork ExrhnnffO Oilrago Mork Exrfaans BoNtun Stock Exchange ChicHjro Board of Trade New York Cotton Exchanjre New Orleao Cotton Exchange New York Coffee Exchanjre New Y'ork Produce Exchange Liverpool Cotton Aee'n. SI 3VEVADA MrSTNG JSEW8 l-'res for Three Months This publication Is edited by experts, gives all the news all the time of all the Impor tant mines and mining camps of Nevada, and Is absolutely authentic. ROCHESTER, the coming big camp of Xevaria. Is the In vestor's present onportunlty. Write for the SPECIAL ROCHESTER Issue, which will be sent absolutely free, and ask for informa tion about any mine In Nevada. NKVAOA MINING NEWS 335 Clay Peters Bids- RENO. NEVADA. HIDE DEALERS WAIT Trade Is Cautious in View of New English Embargo. MARKETS NOT DEPRESSED Prices Expected to Improve When Quality Becomes Better. Regard less of Foreign Restrictions. Operations in Kast 6 low. The future of the hide market la uncer tain. In view of the announcement by the British government of an embargo oa all Imports of hides and leather. Hide dealers here, however, believe the British authorities will continue to buy leather In this country, but In the meantime they are operating cautiously snd are taking no chances. The market for some time past has been quiet, but this was largely due to the poor Winter quality of the hides coming forward. In some quarters It ts believed that when the quality gets better the market will Improve, regardless of the latest English order. The Eastern markets have also ruled quiet. Advices Just at hand say: Country hides are about unchanged from a week ago, although possibly a shade stronger. Sole leather Interests have pur chased about all the buffs and heavy cows they could pick up In different sections at 22c to 22 He and dealers are indisposed to sell today at less than 23c for March ship ment, or 28 He for quick delivery. Heavy steers received attention lately, with fair slsed sales In various sections on a range of 24c to 20c, depending upon salting, selection, quality, etc The market for domestic packer hides con tinues as nominal and unquotable as ever. Now and then a small lot Is taken and hold ers are encouraged to believe that the long period of Inactivity has spent itself, but tanners, on the whole, continue in as con servative and waiting a mood as ever. A sale of New Tork cut-throat native steers by one packer, amounting to C300 October. November and December salting at 80s. furnished the only recent feature West or East, except that one packer sold 2300 November extreme light native steers In Chjcago at 80c Another New York packer moved three cars of previous to January sp ready native steers at 81 Vic. comprising one car of October and two of November salting. None of this scattering bostness established a market, however, and all quotations are meaningless. Calfskins continue to reflect improved con ditions. No fresh sales are noted In the West, but dealers views are stronger, with straight Chicago city skins held firm around 40c last paid. New Tork City skins have been quite active, with sales of light. 6 to 7-pound weights, at $3.05 and later business In all weights was reported at $4. 84.50 sn1 V BIC PROFITS for Your Dollars Everyone wants his dnllsrs to earn big dividends If it can be clone without rUk of losing the money Invested. 1 have a proposition for anyone with $50. 00 or more to Invest that combines Biff Fronts and absolute surety for the money Invested. Not a itet-rich scheme, but one of the very rare opportunities that occur In the investment line. In dorsed by eminent bankers. Justice of Supreme Court, business men of the h Iff h est reputation who have not only invested their money but take part in the active management. Full particulars sent on request. A I Sutton. Drexel ttldg., Philadelphia, Pa. TRAVELERS GUIDE. fTWIN PALACES PORTLAM) TO SAN FRANCISCO 8. 8. NORTHERN PACIr'IC. czprsss train time. Sails Feb. 24. March 1. CsL Str. Express leaves t:3o A M fc'ares sa, 12 M). Jl.V 17..-..l r.'O B. 8. GREAT NORTHFRN, Pan Fran cisco and Los Anareles to Honolulu. Marco 5. 23; April 11. 30. S130 round trip. North Bank, &ih and Ktat-a TICKET 1 'atlon. 10th and Hojt " S4S Mash.. G. N. Bt7 1 IOO Id. llilrlinstOB Ry. ALASKA PTliie Rupert. Retchtkaa. W ran get. Petersburg, Juneau. Tread well, louaTaa Thane, lialnee, bkagway. Cordofs, ai des and Reward, - caxJfornia Via Beattle or San Francisco te Los Angeles and fcan Diego. Largest ships, unequaled service, low rates. Including meals sud berth. for particulars spp!y or felenhons P.C1TC STEAMSHIP COMPANY. 1 Third Street. 20 Wash. St. Main Main !t Home A 4j9 Home A 2283. asa L. I ( a. 'Bnls-b.lli. Tvln Screw Amartofin Btt-amers "ftlorre I i "Siniim". 'mtssy The Delightful Way! " - V, r."-. Mar. 13. April . 24. ornsirc c r.n AnVarketSi-.S.F. Ola to arsnT, AasMila, erne. 7mr.43!.S0 Ul CI.) COOS BAYr ErREKA. SAN FRANCISCO S. S. BREAKWATER P. M. TIESDAY, February 27. North Pai-iflc S. S. Dork and 124 Third St. Near Hroadway H rid are. Phones Broadway BSU. A 6422 STRALIA Honolulu, Suva. Nw Zalauia Regular sailings by the Canaaian-Anstraisv-sian Koyal aliail Line. For further particu lars apply Canadian Pacific aiallwavy. a third street. Portland. JAPAN AND CHINA Tours leave April. Jnly and Kept em her. Hmall Parties at Reasonable Rates. Frank C Clark. Times l-li'g- New Vork.