The Sunday Oregonian. (Portland, Ore.) 1881-current, May 13, 1917, SECTION TWO, Image 37

The Sunday Oregonian., May 13, 1917, SECTION TWO, Page 15, Image 37

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Newspaper Page TextTTIE SUNDAY OREGOXTAX, POETLAIfD, MAY 13, 1917. i; WHEAT STEADY HEBE Local Market Not Affected by Chicago Action. " TRADp WAITING OUTCOME Supply In Xortnwest Too Iilmited for Large Movement to East, Where Cash Prices Are, Sharply Illgner. "he action taken by the Chicago board in relation to May wheat trading and the coarse of the market on the later deliveries had bo effect on prices here. At the Mer chants Exchange the disposition was to sit back and await developments. Otters tor fortyfold -and red Russian are raised 1 cent. out bluestem and club were unchanged. J Cash markets In the East were strong and higher as a result of the suspension of trading In the May option and sales at some points were made as high as 13.50. The only Eastern demand for Western wheat was for spot cars and few of these were available. The movement from this end is still restricted to export wheat. In about two weeks practically all of this grain will be out of the way, but no trading for ship ment beyond that date has been undertaken. There Is not enough unsold wheat In the Northwest anyway to allow for much of a shipping movement to the Eastern states. Sealers figure that all that remains here will be needed before new wheat comes in. The trade here was not surprised by the suspension of May speculation at Chicago, but they do not understand why the order was not extended to the other deliveries as well. They regard the action of the Chi cago board as a bullish factor and look for a steady advance -in cash markets, under the pressure of foreign competition. The oats market Is holding steady. Two hundred tons of May oats weer sold at the exchange at $53. Barley was quiet. Local receipts of wheat In the past week were the largest of the season, amounting to 848,000 bushels. In the corresponding week last year receipts were 107,900 bush lers. The large .arrivals are for export. The Liverpool grain cable said: "Wheat easier on expectation of larger shipments and more liberal offers. World's consump tion greatly reduced. Corn firm, with export offers light and arrivals In demand. Oats dull and steady. Flour very Arm. Arrivals light. Consumption keeps pace with all mill offers." Terminals receipts. In cars, were reported by the Merchants Exchange as follows: Wheat Barley Flour Oats Hay Portland. Sat. 13 1 8 Year ago 15 to the S-cent mark, has held there and no further decline is expected in the imme diate future. California onions ara being of fered under the price of Texas stock, but the demand is chiefly for the latter. Local and Walla Walla asparagus will this week take the place of the California article. New potatoes are slowly decinlng in j price. The market' for old potatoes con tinues weak. LARGE LOCAL EGG BUYERS ARE OCT Market Closes Easier. Although Receipts Are Declining. The easier tendency of the egg market continued yesterday and a still lower price is looked for In the coming week unless the large buyers re-enter the market. Dealers do not believe prices will go under 31 cents. Receipts are not -as heavy as a week ago. The butter market was unchanged at the close. The tone wu firm and the demand was good. Poultry and dressed meat receipts were small yesterday. The former line was weak and the latter firm. Soap Prices Advance. All around advances were announced In Eastern soap prices yesterday. Leadiug brands of soaps, which heretofore retailed at 5 cents ne cake, are now quoted by Job-' bere at taat price. ' Bank Clearings. Bank clearings of the Northwestern cities yesterday, were as follows: Clearings. Balances. Portland 3.3l.o:)2 202.2-'6 Seattle 4.307.510 715.451 Tacoma. 684.211 153.D71 Spokane 1.03b. 152 118.B88 Clearlnes of Portland. Seattle and Ta- coma for the past week and corresponding week in former years were: Portland. Seattle. 17.675,15a $20,5t4.031 RISE NOT CHECKED Total this wk. 308 Year ago 83 fcean to date. 5543 Year ago 9U33 Tacoma, FTi... 47 Year ago 7 Sea n to ' date. 5013 Year ago 6693 Seattle, Friday. 27 Year ago 11 Bea'n to date.4S88 Year ago 7551 1 19 239 1511 123 499 " 815 1274 5 83 25 1354 1750 7 9 1579 1966 28 11 2194 978 8 8 808 358 1 ' 2 1148 1007 8 7 86 51 2426 2404 19 5 1958 2255 14 10 8701 4094 APPLE FRUIT RATE RISE PROTESTED 1917. .. 1916... 1915. .. 1914. .. 1913... 1912... 1911... 1910. . . 1909... 19(18. 1907. . . 1UUG. .. lUOS. .. 13.217.994 10.093.611 10.130.388 11.195.04O 11.510.811 10,188.689 10.679,847 6,640.879 6,593.190 7.138,655 4,609,891 4,073,501 15.3S1.697 Jl.5a2.112 12.JO3.920 13.419.635 11.488,495 11.140.876 10.5112,260 10.465.539 7.550.306 . 9,468.235 8.570.705 4,874,993 Tacoma. $2. 904.630 2,397.970 1.974,492 2.327.966 2.773,333 4.563,2t8 3,935.414 4.668.024 5.584.936 4.080.874 4,868.039 3.702.147 8,250,027 fOBTLAXD MARKET QUOTATIONS Grain, Flour, Fend. Etc. Merchants' Exchange, noon session. May Extreme Advance of 32 Cents in Chicago Wheat. crate, fi075c; Bay peas. $1.501.75: Mex ican tomatoes, 81.50&2; Florida green pep pers, 20&3Oc; California garlic. 163c: green onions. 81 61.15; Bay rhubarb, 75cSl; San Jose, $1.2591.35: hothouse cucumbers, $1.25 r2; natural. $1.252; new-crop wax beans, 710c; Southern string. 7 Sc. Potatoes Rivers. $3.7594; Oregon Bur banks. $3.7504; new. 4jg.c. Onions Australian. $5.50&e: crystal wax. 22.50. Fruit Cherries. $101.23: strawberries. Longworths, $507; banners. $405: Southern crates, 75c & II; blackberries, $1.75L8o crate; raspberries. $1.75(12. DIRECTOR ACTION BULLISH Bid Yr. ago $ l."4 .94 .93 .03 27.00 26.75 Bid $ 3.02 , 2.99 2.U8 , 2.98 ,.; 64.00 , 61.00 straights. $12.50 Eld. .$ 3.02 . 2.99 . 2.98 . 2.98 . 62.50 . 02.75 Increased Railroad Tariff Would Injure Northwestern Growers. J. Curtis Robinson, chairman of the trans portation committee of the Fruitgrowers" Agency and traffic manager of the North west Fruit Exchange, left Seattle Friday for Washington to extend the freight rate hearing being conductsai by the Interstate Commerce Commission, and to lodge a pro test against any Increase on Northwestern fruits. Prior to leaving Seattle. Mr. Robin son said: "Bankers, business men. growers and shippers, who have analyzed the eco nomic position of the 'fruit industry of the Northwest, are unanlmoua in the belief that any Increase in freight rates applying to Northwestern fruits spells ruination to hundreds of growers anjl to whole regions now devoted to fruit growing. At present freight rates the Industry staggers under a terrific economic handicap. Over 80 per cent of the apple production of the country lies in the Eastern and Middle-Western sec tions, close to the consuming market. At present freight rates It costs $1.65 to $1.99 per barrel to deliver our apples to the aver age of our markets. Eastern and Middle Western growers can produce and deliver their fruit, packed in barrels, on board cars at our present freight rate and make a profit. Other elements of cost in the Northwest are already so high that an In. crease in the present freight - rate1 looks to all who are' students of the economics of this Industry as the straw that will break the camel's back. "The Agricultural Department is taking a very aggressive stand In regard to the In crease of food production, and we propose to show that the imposition on the North western fruit Industry of a greater transpor tation burden would not only discourage the lncreaae of production, but would result very rapidly in the elimination of a large y part or. tne present proauction. delivery : Wheat Bluestem ................ Fortyfold Club Red Russian ............. Barley No. 1 feed........ Oats No. 1 white feed... Kutures June Bluestem ........... June fortyfold June club June Russian June oats June barley ....... FLOUR Patents, $13.70: 012.90; Valley. $12.70; whole wheat, $13.90; graham, $13.70. MILLFEED Spot prices: Bran, $44 per ton; shorts, $47 per ton; middlings, $54; rolled barley. $58: rolled oats, $58 per ton. CORN White, $72 per ton; cracked. $73 per ton. HAY Producers' prices: Timothy. East Oregon, $30 32 per ton; alfalfa, $20 023; Valley grain hay, $18 020. Dairy and Country Produce. BUTTER Cube. extras, 86Hc; prime firsts, 85 He. Jobbing prices: Prints, extras, 88c; cartons, lc extra; butterfat. No. 1, 38c; No. 2. 36c. ' CHEESE Jobbers' buying prices, f. o. b. dock, Portland: Tillamook triplets, 24c; Young Americas. 25c per pound; longhorns, 25c. Coos and Curry, f. e. b. Myrtle Point: Triplets. 234tc; Young Americas, 24c per pound; longhorns, 24 o per pound. EGGS Oregon ranch., current receipts. 82c per dozen; Oregon ranch, selects. 83c per dozen. POULTRY Hens, 17 18c per pound broilers, 20023c; turkeys, 22 & 24c; ducks, 22 'ft 23c; geese. 12613c. VEAL Fancy, 1515t4c per pound. PORK Fancy, 19 19 Vie per pound. Excited Buying as Result of Meas ures to Stop Upward Flight of Prices September Option Leads in Grain. CHICAGO. May 13, Excited buying of wheat, far from being diminished, took on wilder aspects to any because of drastic measures to stop the upward flight of prices. The market rose quicker and further today than in all the rest of the week put together. There was a flurried close at the topmost point reached, a net ad vance of 22 to 29 cents with July at $2.73 to $2.75 and September at $2.44 to $2.46. Corn gained lc to 3c and oats Me to 2c. Provisions finished unchanged to 12 He higher. Fright seized traders in wheat as soon as the fact became evident that the over night action of the exchange directors in barring all transactions in May delivery had not brought about any pronounced bearish effect. Issuance of an official state ment explaining the action of the directors in prohibiting all further business In May wheat contracts , was construed in some quarters as indicating that the supply and demand situation was even more bullish than had been assumed. - The startling: advances continued un checked right up till the last gong, when the extreme rise from the low point of the day was 32 cents. The biggest jump was In the Seritember ontion. which heretofore had been relatively low because' both the Winter and Spring wheat crops would oe available in that month. The confirmation of $3.18 as the official selling price for May contracts was an nounced Just prior to the last half hour of trading, and it may be that tne violent contrast between that figure and even the advanced quotations for July and Septem ber had some influence In causing tne-linai ascent of more than 13 cents a bushel in the 30 minutes Immediately preceding the close. Corn and oats were more or lees neglected and did little but reflect in a distant way the strength of wheat. In doing so. May oats reached a new high level for the season. Provisions hardened In value with grain and hogs. Quotations for hogs were at the topmost record ever touched ana until this season never before equaled. Leading futures ranged as follows: WHEAT. Coffee Futures Quiet. NEW YORK. May 12. Coffee futures were very quiet this morning, with fluctuations correspondingly narrow. Gloslng prices were at the best leveJ. showing a net advance or 4 to 9 points. Sales. 6750 bags. May, 8.09c: June. 8.19c; July,. 8.29c; August, 8.88c; Sep tember. 8.43c; October, 8.48c; November, 8.53c; December, 8.88c: January. 8.64c; Feb ruary, 8.70e: May. 8.76c: April. 8.82c Spot dull.; Rio 7s, 10c; Santos 4s, 10 He Very few firm offers were reported In the cost and freight market, with Indications pointing to slightly lower prices in Santos, and unchanged quotations from Rio and Vic toria. The official cables reported a decline of 128 rela at Rio. with Santos futures 25 to 50 rets lower. Rio cleared 5000 and Santos 21,000 for the United States. ALL GRADES ARE RIGH PRESENT CATTLE TRADE CONDI TIONS WILL NOT LAST. Fruit and Vegetables. Local Jobbing quotations: TROPICAL ' FRUITS Oranges, navels, 2 4(3.25: lemons. 12. 75 64. 60 per box; bananas. 5o per pound; grapefruit. $2.65 0 0.50. VEGETABLES Artichokes. 85 90c per dozen; tomatoes. $2.508 per crate; cab. Dage. oixoc per pound; lettuce, fi.tog i.u; cucumbers, 90c&$1.50 per dozen: caultilow er, $l(g-1.75 per crate; peppers, 20&35c per pound; rnuoaro, 2 4p8c per pound; peas, ovf 6c .per pound; asparagus, $1.2501.50 per box. bocvrsl per dozen: spinach. 7c pound. POTATOES Oregon, Jobbing price. J3.50 04 per hundred; new California. 10011c nr tiound. ONIONS Bermuda, yellow. . $3; white, 83.50 per crate. GREEN FRUIT Strawberries. $1.50 02 per crate; apples. $L25 (k 2.50 per box. Staple Groceries. Local Jobbing Quotations: SUGAR Fruit and berry. $8.75; Honolulu plantation. $8.70: Grants Pass beet, $8.55 California beet. $8.55: extra C. $8.85;-pow dered, in barrels, $9.30; cubes, in barrels, $9.50. SALMON Columbia River, 1-pound tails. $2.75 per dozen; one-half flats, $1.85; one- pound flats. $3. HONEY Choice, $3 03.25 per ease. NUTS Walnuts, 13022 tf; Brazil nuts. 21c; filberts. 22c; almonds, IB 20c; pea nuts, loc; cocoanuts, $L10 per dozen; pe cans, lTic. BEANS California. small white. 17c large white, 16Vc; Lima, 17Hc; bayous. 13Hc; pink. 14c. COFFEE Roasted, In drums, 17 25c SALT Granulated, $18.75 per ton: half- ground, 100a. $11.50 per ton; 50s, $12.25 per ton: dairy. $16 per ton. RICE Southern head, 99Hc pound; blue rose. 8Wc: Japan style, 7li7lc. DRIED FRUIT Apples. 1214c; peaches. 10 11c; prunes, Italian. lOfefllZifcc; raisins. 85c.'uf3 per box; dates, fard, $2.5008 per box; currants, 19c; figs, $2 08.60 per box. CENTRAL OREGON WHEAT IMPROVES Situation Several Hundred Per Cent Better Than Earlier Estimated. "While at Maupln the latter part of this week I carefully looked into the situation with regard to the coming grain crop and found the stand Is very good, about several hundred per cent better than was earlier estimated. The grain Is coming up very well, and look for a good crop in that dls trlct. Present weather conditions are fa vorable to the growing grain," said W. C Wilkes, assistant general freight and pas senger agent of the Spokane, Portland & Seattle Railway Company. "Our reports from the east Indicate wheat seeding In North Dakota is practically com pleted and ether seeding is progressing rap idly. Conditions have been exceptionally good. The situation In Montana Is evi dently very backward on account, of weather conditions. Very little farm work was done up to a week ago, but since that time the weather has been favorable and rapid prog ress was made. A large amount of wheat was winter-killed, but It Is difficult .to make proper estimate owing to the fact that the weather was not quite warm enough to start the plants growing and probably there was not so much wheat Winter-killed as thought." W. J. Jordan, general agent of the North ern Pacific at Lew 1st on. reports: "Weather the past week has been fine and farmers are busily engaged in farm work. Fall grain In the Camas prairie district Is .looking exceptionally good. No reseedlng will be necessary other than a small per centage of Fall-sown barley, and this only applies to a small area around Nez Perce. "In the territory tributary to Almota. Wi wawal and Penwawa. fully 60 per cent- of the Fall-sown grain will have to be re eeded. In the Palouse territory farmers are awaiting on the weather to see If the grain that they find sprouted in the ground will come through or not, A few days of warm weather will demonstrate whether re seedlng will be necessary. It will be Im possible to give any accurate figures as to the percentage to be reseeded In that dis trict." Hops, Wool, Hides, Eta. HOPS 1916 crop, 86c per pound; 1917 contracts, nominal. HIDES Salted hides (25 pounds upT, zOo salted stags (50 pounds and up), 16c; green and salted kip (15 pounds to 25 pounds). 20c: green and salted calf skins (up to 15 pounds), 82c; green hides (25 pounds and ud). 16c: green stairs l&u pounds and upl. 13c; dry hides. 84c: dry calf, 40c; salt hides, 29c; dry horse hides, $1.50 2.50; salt horse hides. $305. PELTS Dry long-wooied pelts, hoc: dry short-wool pelts. 25c; dry sheep shearlings. each 15080c; salt sheep shearlings, each 250 50c WOOL Eastern Oregon, Tine. 400 per pound; coarse. 45 50c; Valley, 450 50a. UUnAlAtlu tt odc per pouna. CASCARA BARK Old and new, 6H0 per pound. TALLOW NO, 1. iz in mo per pound. BERRIES MOVE AT LOITER PRICE Market Wen Supplied With Local and Southern Vegetables. Strawberries cleaned up well yesterday, but at somewhat lower prices. Most of the Dollars offered sold at $1.75 01.85. Small izo oranges were quoted lower. Another car of Florida grapefruit Is In transit. California lettuce Is arriving at the rate nf two or three ears a day and Is selling at stesdy prices. Cabbage, after dropping July Sept. July. Sept. July Sept. May July July bepc Open. ..$2.48 .. 2.14 High. $2.75 2.45 CORN. Low. $2.46 2.14 146 1.38 1.50 1.42 44 1-4814 1.38 OATS. .fl.'.H .67 V, .66 S .58 MESS PORK. .65 .6514 . ..39.00 ..22.50 ..22.62 39.10 LARD. 22.50 22.05 28.87 22.40 22.62 Close. $1.73 2.44 1.49 1-41 .87 .58 88.80 39.90 22.50 22.62 FINAL PRICES BEST Stock Market Recovers From v " Early Depression. TRADE IS PROFESSIONAL Exchange on Russia Recovers From Friday's low Record Bonds Are Inactive, With Trac tion Issues Heavy. NEW YORK. May 12. Weakness of rail road shares, with St. Paul common down ftlmoct K nelnti to 70. the low record for more than a decade, was the primary cause Jfet time deposits. of additional unsettlement during the first All other resources Total resources Liabilities Capital paid in Government deposits ...... Due to members reserve count ...... ......... Collection Items Federal Reserve notes net. All other liabilities 8.078.000 ..$1,209,162,000 . .$ 56.859. OOO 242.421.000 fr 740.728.000 134.447. Oihl 23. 975. OOO .. ' 10.734.000 WOOL TO GO HIGHER Total liabilities $1,209,182,000 Gold reserve against net deposit and note liabilities. 66.9 per cent. Cash reserve against net deposit and note liabilities, 71.2 per cent. Cash reserve against net depostt liabili ties after setting aside 40 per cent gold re serve against net liabilities on Federal Re serve notes in circulation. 72.1 per cent. EXCESS RESERVES ARE INCREASED New York Bank Holdings Cain $56,000,000 la Week. NEW TORK. May 12. The statement of the actual condition of clearing-house banks and trust companies for the week shows that they hold $147,199,000 reserve in excess of legal requirements. This la an increase of $56,720,930 over last week. The state ment follows: Increase. Loans, discounts. etc.$3.812.011.000 $28,543,000 Reserve In own vaults 44S.476.00O 36,560,000 Reserve In Federal 254.787,000 TARIFF WILLAID MARKET Reserve Bank. Reserve In other de positaries Net demand depos its la Long; Ran. Only Q.nnlHy In Beef Production Will Be Found 1 Pny. " ' There was a good run at the stockyards on the closing day of the week, but trading was of very small proportions. Prices held steady at the wind up In all lines. Receipts yesterday were: 407 cattle. 42 calves. 287 hogs and S3 sheep. Shippers were: H. W. Wright. Corning. Cal 8 cars cattle and hogs; J. Kennedy. Dillon, 11 cars cattle; J. Howard. Heppuer. 1 car cattle; J. Boomer. Momlta. 2 cars cattle; C. E. W. Provisions. HAMS All sizes, choice, 80c; standard. 29c; skinned, 27028c; picnics, 23c; cottage rolls, 270. LARD Tierce basis, ketle rendered. 25Hc: standard pure, 4Ho; compound, 19c. BACON Fancy. 88 0 89c; standard. 35 0 36c; choice, 28 0 84 tea. DRY SALT Short clear backs. 25027c: exports, 25 0 27c; plates, 22 24c. SPARE RIBS. July :. 20.77 20.82 20.67 20.82 Cash Drlces were as follows: Wheat. Nos. 2 and 8 red and No a. 2 and 8 hard, nominal. Com. No. 2 yellow. $1.6701.68; No. S yellow. $1.05 01.67: No. 4 yellow. $1.64Vi. Oats. No. 8 white. 72&73Vi: standard. 72 74V. Rye. nominal. Barley, $1.2591.63. Timothy. $5'7.50. Clover. S12 '-. Pork. $38.80. Lard. $22.37022.47. Ribs. $20.52 0 24. " CROP REPORT BASIS OF STRONG PRICES New Records Established Dally in Chicago Market. CHICAGO, May 12. Every single day in the last week has witnessed a big advance in wheat prices, and on five days .out of six the market smashed high records.. The chief impetus came from the Government crop report, telling of the largest abandon, inent of Winter wheat acreage ever known in the United Statea Expectation of a bullish Government crop report quickly supplanted bearish effects which had resulted from word that the au thorities at Washington and Ottawa were in agreement on a Joint effort to control wheat prices. Concern over difficulties of securing ownership of enough wheat to fill outstand ing contracts for May delivery tended fur ther to lift prices prior to the lsuance of the Government report. It was not, however, until the day the report was given out. and especially on the day following, that the most astounding upturns in value took place. Trade anticipations of the Washington fig ures proved to have been far too conserva tive, as the official estimate put the short age In the United States Winter crop at the huge total of 115.828.000 bushels. Plans of the entente allies to take 88, 000.000 bushels from the United Statea by July 1 received considerable notice in con nection with the continuous advance in the market. Talk by an American Government official as to the possibility of prices reach ing $5 a bushel was a factor in the upward whirl of quotations. Throughout the week the volume of transactions was greatly re duced by the requirement of almost pro hibitive margins. 60 cents a bushel or more, and by the refusal of leading houses to ac cept speculative trades, especially In the May delivery. Corn, as well as wheat, reached new alti tudes in prices. Oats, like corn, were strengthened by sympathy with wheat. Both the feed grains, though, were held back by auflpllus crop conditions. Record advances in nogs ana cereals made provisions average higher. Minneapolis Grain Market. MINNEAPOLIS. May 12. Flour Fancy patents. 40c higher, quoted at $17.10; first clears. 60c higher, quoted at $14.90. Other grades unchanged. Barley. $1.17 g 1.07. Wheat. May $3.30: July. $2.94; Cash. No. 1, hard. (8.4903.64; No. 1, Northern, $8,840 8.89; No. 2, Northern, $3.24 8.84. Flax. t8.46Ss03.52Vi. Eastern Wheat Futures. DTJLUTH. May 12. 'Wheat closed: May, $3.38; July, $2.89H. WINNIPEG, May 12. Wheat closed: Oc tober. $2.45. KANSAS CITY. May 13. Wheat closed: May. $3.27; July, $2.71; September, $2.41. Lucke. Canby. 1 car hogs, sheep; S. Thomp son, feprlngneld. 3 cars cattle. The day's sales were as follows: Wt. PrloA.I Wt Tr1f- 12 steers. 1197 810.00 1 bull 1390 $ 9.40 1 steer.. 1090 9.00 1 bull 1950 8.25 In discussing Quality in nroductlon and marketing, the Livestock Reporter says: "More and more, as the prices of live stock and other farm products rise. It is getting to be a matter of quality as well as quantity that governs the margjn of profit derived by the farmers. In the old days when labor and land were cheap, this was far. from being so. Take as an instance the beef production of the range days. The In vestment was small. Little land was owned by the various raisers; It cost hardly any thing more than labor to run a steer a year or two. Any sort of animal that was worth a cent would make money, but now It Is a different proposition. It takes the best-bred cattle to make the money nowadays. While all grades of csttle have made money during the past year, this condition ill not continue long. On the Portland market during the Winter have 4een re ceived the largest runs of dairy-bred cattle ever marketed here, many of which were not fit tor beef. This condition, we believe. will not last long, as farmers of the TV 11 lamette Valley have at last begun to real ize that nothing but pure-breds of the beef strain will pay. Cattlemen In the valley have excellent opportunities In beef produc tion and should now avail themselves of few pure-bred beef sires since a large por tion of the scrubs have been put out of the way. Another condition that favors th valley farmers is the available grass during most every month of the yar. "Cattle raising east of the mountains is more on a feeding basis and It takes no more feed to carry, over a good animal than a poor one, and In most cases not as much. "Quality not only proves successful In livestock, but all other farm products. The Northwest has proved to be able to raise the best livestock and farm products produced. Whether we will do It Is up to the farmer himself. "There Is money made In raising the best only. The farmer who raises good live stock, pure-bred beasts, can sell the bulls at fancy prices. The question of quality is Invariably also the way of solving the prob lem of money In your pocket." The origin of the livestock received at the local yards is April was as follows: Cattle. Civs. Hogs. Sheep. Oregon .....4.899 456 14.763 2,340 fesslonal session. other transportation Is sues were affected In lesser degree, trans- continentals, coalers. Lehigh Valley excepted. and Eastern trunk Unas making gross de clnes of 1 to 2 points. Leading Industrials, metals, motors and the more active specialties yielded 1 to 2V points, but were among the first to retround In the general covering tnat at tended the later dealings. United States Steel rallied from 114 to llttK. Final prices In the main were at top levels. Sales. 225.00O shares. Less lrresularltv nrevalled In the foreign exchange market, rubles scoring further ad vances to 27 V from yesterday's low rec ord of 25. Small dealing In bonds, with neaviness In local Issues, featured today's operations, total sales, par value, being $1,270,000. United States registered 2s lost Vs per cent on call during the week. Liquidation of high-grade securities. In ducing bonds, during the last week de noted the concern felt by Investors In con nection with the Government's attitude to ward war taxation and revenues. Rails of the better class were fa free supply at concessions which caused some of these issues to fall to lowest prices in IO to 20 years. Public utility stocks also weakened under stress of developments. The United states Steel statement for April, with un filled orders at their highest point, an ail around advance In finished steel and Iron and resumption of Inquiry for refined cop per offered further evidence of the un abated activity In Important Industrial lines. The various war issues held steady in the face of frequent bear attacks. Arrangements for the public offering of the $2,000,000,000 loan have been per fected to the point where danger of fi nancial stringency Is no longer apprehended. Keen interest was manifested in the course of the hearings before the Inter state Commerce Commission because of the steady depreciation of values In transpor tation shares. March earnings of a large majority of railroads, aa compiled by the Commission, disclosed enormous gross, galas In gross revenues and an average net de crease of 28 per cent, this extraordinary reversal indicating the advance in operat ing costs. CLOSING STOCK QUOTATIONS. 22,007,000 59.951.0OO 723.000 8.573.235.000 8.954.000 200.845,000 9.096.000 28.680,000 26.000 Of which $409,477,000 Is specie: Ignited States deposits deducted. $66,037,000; De crease. Aggregate reserve. $763,194,000: excess re serve. $147,199,000; Increase. $56,720,930. Summary of state banks and trust compa nies in Greater New York, not Included In clearing-house statement: Increase. Loans, discounts. etc.$ 829.623.700 $ 2.9'.3.400 Specie .' 68.802.500 "18. 200 Legal tenders 10.9M3.7O0 73.700 Total deposits 1. 045.343.800 149. 700 Bunks' cash In vault. $15,410,000; trust companies' cash la vault. $64,166,800. Decrease. WINTER FOOD SUPPLY MUCH DEPENDS OX WORK OF HOME OAR.DEXER. Concerted Effort Will Produce Poten tial Weapon Against Shortage and IliKh Prices Later. Idaho Washington California ........ Total The disposition 918 68 , ..6.475 of the 51 1.4:10 677 1.313 . 697 19.188 stock sold 1.634 8.9S0 last month was: Buyers. Cattle. Civs. Hogs. Sheep. Barton 203 ... 1.638 ... Carsten 1)05 6 1.986 221 FalrchUd 77 1 Frye A Co. .......... 130 ... ... ... Olll Co 129 Henry 4S ... 758 ... Howlt 297 8 854 13 S at 0 158 1 193 30 Tacoma meat 109 4 318 Union 2.172 55 T.826 4.140 Butchers 158 8 12 204 North SO 2 8.848 2 Feeders Wash 167 19 814 T2 Oregon 0,v 857 1.857 270 Idaho ...... 63 7 ... ... Montana 98 23 ... ... California I60 Misc. 92 2 8 ... Total 6.816 489 18.607 4.952 Prices current at the local yards were as follows: Cattle Steers, prime Steers, good Steers, medium ........... Cows, choice Cows, medium to gooa .... Cows, ordinary to fair Metiers Bulls Calves Hoks - Light and heavy packing . Rough heavies ............ s'igs and skips ............ Stock hogs SheeD Lambs Wethers Ewes Oils. KEROSENE Water white, drums, bar rels or tank wagons, 10c: cases, 18tt& 22o. GASOLINE Bulk. 2iuc; cases. KOc: nap- tba, drums, 196c; cases, 28c; engine distil late, drums. 10 He: cases. 19o. LINSEED OIL Kaw, Barrels. $1.82; cases, $1.39: boiled, barrels. $1.34; cases, $1.41. TUitPiiriiXNii an tanks, oc; in cases, 89c Copper Prices Maintained. NEW YORK. May 12. While business has been somewhat less active, a fair demand has been reported In the copper market dur ing the past week and prices have been firmly maintained. Quotations for spot and nearby delivery of electrolytic were prac tically nominal toaay, ranging from sic to 33c. while July also was reported scarce. with quotations for the third quarter rang ing from about 29c to 30c. Later deliveries were quoted around 28c on the average. Iron was unchanged. Gray Harbor Apple Crop Heavy. ABERDEEN, Wash., May 12. (Special.) The Grays Harbor fruit crop, especially apples and Winter pears, promises to be the heaviest in recent yesrs. says R. M Underwood, expert orchardlst. who has been working in thts section for several years. This Is despite the fact that the blossoms are unusually late. Strawberries snd canning crops, he says, give promise of being up to normal, although they will come mucb later man usual. New York Sugar Market. NEW YORK. May 12. Raw sugar, easy. Molasses. 6.33c; centrifugal, 6.21c; refined, steady; fine granulated, 7.5O0 8.60c Elgin Butter Market. ELGIN. 111.. May 12. Butter Fifty tubs at 37c ST. LOTJIS. May II. Wheat closed: May. $3.18; July, $2.684: September, $2.42. Grain at San Francisco. SAN FRANCISCO. May 12j Spot quota tlons: Walla Walla bluestem. $5.2005.25 Turkey red. $5.2606.80; red Russian. $5.10 95.15: feed barley. $2.80 0 2.85; white oats. $2.82 Vs 02.85; bran. $47 0 48; middlings. $59 0 60: shorts. $54 0 55. ' Call board Barley: May. $2.85 asked December. $2.17 Vs. Sales. 200 tons De cember. Puget Sound Grain Markets. SEATTLE. May 12. Wheat Bluestem, S3: turkey red. $3; fortyfold. $2.95; club, $2.93; red Russian. $2.91. Barley. $53.50 per ton. Yesterday's car receipts Wheat 27. oats 1, corn 2. hay 14, flour 7. 'TACOMA. May 12. Wheat Bluestem, $3.01; fortyfold. $2.99; club end fife, $2.98; red Russian, $2.95. Car receipts Wheat 47, corn 1, oats 8, hay 19. SAX FEAXaSCO PRODUCE MARKET Prices Current on Butter, Eggs, Fruits, Vegetables Etc., at Bay City. BAN FRANCISCO, May 12. Butter Fresh extraa 84c: -crime firsts. 83ttc Eggs Fresh extrss, 84c; extra firsts. 82c: fresh extra pullets, 81c I extra firsts Dullets. 29V4o. - Cheese New firsts, 21c; Toung Amer icas. IOC Poultry Hens. 21fi28o; roosters, eld. 189 15c: frvers. 32&35o: broilers. 28027c squabs, $202.25; pigeons. $1.5002; geese, 194i 20o: duuks, 18 0 20c, Vegetables Summer squash. 75c0$l; paragus, Sacramento, 1.75 4j2; fancy, $2,600 2.75: Southern lettuce. oOQ7oc: spinscn Price. .$10.50 5 11.25 . 10.003 10.50 . 9.60 fp 9.75 . 9.25'tf 9 85 . 8.50'ci 9.25 . 7.50 fe 8.25 . 7.00'JnlOOO ,. 6.OO0 8.60 . 7.00 a 10.00 ..15.50915.85 . 14.500 15.00 . 14.00 0 14.50 . 12.50 14.00 . 10.25013.60 . 9.75012.00 . 9.00 11.50- Closlng Sales. High. Low. bid. Am Beet Sugar. Am Can 2.100 41H 40Vi 41, AmCarAFdry.. 400 6.1 65 65 Am Locomotive. l.loo ' 66 4i 65V- Am Km & RefS... 1.000 97H U0 97 Am Hug Retg. ... 108 Am Tel & Tel... 8,400 118 116 118 AmZL&S 29H Anaconda Cop... 8.600 78 78i nH Atchison 1.3O0 99i w AG4W1S6L. SOO 98V 97 98 Bait & Ohio 2.4O0 69 68 i OS'i B & S Copper ..... 41V Calif Petrol 200 18 17T 17V Canadian Paclf.. 1.000 159 157 V 159 Central Leather. 2.100 83V 8S V 83 Ches-& Ohio 900 56 65 66 CM&StPaul... 12,000 72H 70 71V Chi N W . 200 loai, I08V 100 - C R I & P ctfs 89 hi Chino Copper.. . 200 63 53 62 Colo Fu & Iron.. 6O0 47V 46H 47s. Corn Prod Refg.. 400. 23V 23V 23V Curcible Steel... 3oJ 4 62Vs 65V Cuba Cane Sug. . 8.100 42 V 41 42 V Dlst Securities 14 Erie 2.800 23 V 23 V 23 lien Electric... 4oo 152 V 151V 152 H Gen Motors 1.100 105V 104V 105V GtNorpfd SOO 104 v 104 V I" Gt Nor Ore ctfs.. l.Sno 30 V SO V 80 V Illinois Central.. 200 100V 100V looy. Inspiration Cop.. 1.100 55 54 V 55 Int M M pfd 1.400 78 V 77V 7S V Int Nickel 400 41V 40V 41 Int Paper 864 KC Southern 200 19 19 18V Kennecott Cop.. 11,500 48V 44 44V Louis A Nash 11.500 48V 44 44V Maxwell Motors. - 50 Mexican Petrol. . 1.100 87 V 86V 87 V. Miami Copper. .. 200 89 88 V 8 Missouri Pacific. 2.500 254 25 25V Montana Power. ...... ..... ..... Nevada Copper. ..... ..... 23 N Y Central 600 87V 86V 87V N Y N H A. H 800 38 87 V 88 Norfolk A West. 800 120 119V H Northern Paolf.. 1.500 100V 99V 09V Pacific Mall 20 Pao Tel & Tel 26 Pennsylvania.... 800 51V 61 V 52 Pittsburg Coal 43 Ray Consol Cop.. 8O0 28V 28V Reading 5.700 86V 85V 86V Rep Ir A Steel... 1,100 80 78V 79V Phst Arts Cop 24V Southern Paclf. S.200 90V POV 90V Southern Ry 2,800 24V 23V 24V Studebaker Cor 87 Texas Company. 700 203V 202 203 Union Pacific. . . 4.400 132 131V 132V 17 S Ind Alcohol. 13.600 121V 119V 121 U S Steel 63.800 116 114V 118 do pfd BOO 117V 117V 117 Utah Copper. . .. 3.0OO 112V 111V 112V Wabash pfd B. .. flno 2314 23 23 V Western Union. . 2l0 91 91 92 Westing Elect. .. SOO 47 46V 40 National Association Tells Oregon Growers to Hold. Omaha Livestock Market. OMAHA. May 12. Hogs Receipts 6400. 5c to loo higher. Heavy. $16.90 0 16.15; mixed. $15.750 16: light, $15.600 16; pigs. $12.50014.50; bulk. $15.75016. cattle receipts zuu. steady, rwative steers. $9013; cows and heifers, $7.60011; West em steers, $8011.25; Texas steers, $7,600 10.25; cows ana neirers. suqrid; canners, $708: stockera and feeders, $7010.90; calves. $9013; bulls, $7010. Sheen Recelnts 300. steady. Yearlings. $14.76016; wethers, $18.75015; ewes, $12.60 014.50; lambs. 17.o!eiu. Chicago Livestock. Market. CHICAGO. May 12. Hogs Receipts 10,000, strong. lOo above yesterday's aver age. Bulk. $16016.85: light. $15.20016.80; mixed. $15.75016.40; heavy, $15.70 318.40; rough. $16.70015.90; pigs, $15.10015-4). Cattle Receipts 700, steady. Native beef cattle, $9.40 013.70; stockers and feeders. $7.50010.85; cows and heifers, $6.65011.60; calves. $9.50014.25. Sheep Receipts ouu. steady. wetners. $12014.75; lambs. $14819. Chicago Dairy Produce. CHICAGO. May 18. Butter, unsettled. Creamery, 82 0 87c. Eggs, higher. Receipts, 21,131 cases; firsts. 82U033UC ordinary firsts. 30031c: at mark, cases included. 80$33c Dried Fruit at New York. NEW YORK. May 12. Evaporated ap ples quiet but firm; fancy. 12V013o: choice. llVfcc: prime, luviio. r-runee less active. Peaches strong; standard, luvc; choice. 10 Vc; fancy, lie D ninth linseed Market. DULTJTH. May 18. Linseed on track and arrive. S3.55Vt: May. xa.D44 asked: July. $8.48; September, $3.43; October. $3.25 bid. ONE FARMER UNPATRIOTIC Josephine Agent Finds General Wlll- ingnes to Plant More. GRANTS PASS, Or.. May 11. (Spe clal.) C D. Thompson, county agrent. after spending; two days touring; Jose phina County to arrange for 18 meet ings Saturday, Agricultural Defense day. reports that he found only one man who refused to respond to the re quest for co-operation in boosting; for lareer food production. With a grati fying- enthusiasm, Tarmer after farmer promised to put in more land, do extra cultivating; and use fertilizers. Local banks have advertised th they will finance farmers in buying; seed and horse feed to enable them to add acreage to their plantings. Total sales for the day, 225,000 shares. BONDS. TJ S ref 2s. reg. 97VIVorth Pse 8s... eU do coupon... "Im V'Pac Tel A Tel os 98V V S 8a reg.... 99 Penn con 4&4Vs lo2V do coupon... " south Pac ref 4s 85V TJ 8 4s. reg. . . .105 lunlon Pacific 4s 95 do coupon. .. .105 do cv 4s..... HU Atchison gen 4s 91 U 8 Steel 5s 15V D A R G ref 6s CSVI-outh Pnc cv 5s 97V N T Cen deb 6s 104VIAnL. o-French 5s 93 V North Pac 4. . 89V1 ' Bid. Mining Stocks at Boston. BOSTON. May 12. Closing quotations: Alloues Aris Com . Cal A Arts.... Cal Hecla.. Centennial ... E Butte cop. . Franklin Granby Con... Greene Can . . isle Hoy (cop) Kerr Lake.... Lake Cop . . eoVIMohawk lkiiip mines. ... V North Butte.. . 48 .635 . 18 . 11V . 6V . T8 . 40V . 28V . 4V . 4V Old Dom. Osceola Oulncy ........ Shannon ISuperlor up A bos uin. Utah Con Winona ....... Wolverine 84 TV 20 V 67 V 83 84 TV S3 15 8 41V t Money. Exchange. Etc NEW TORK, May 12. Mercantile paper, 4 V 05 per cent. Sterling, co-dsy Diiia, 14 73. commercial, 60-day bills on banks, 14 71V: commercial. 60-day bills. $4.71 VS demand. $4.75 V cables. ' 84.76V. Franca, demand. 5.75 V: eables, 5.71 V guilders, demand. 40V : cables. 41; llres. de mand, 7.06; cables, 7.05; rubles, demand, 20V: cables. 2V. Bar silver. 74 Ve. Mexican dollars. 58. Government bonds, steady; railroad bonds. heavy. SAN $4.7iv: FRANCISCO. May 12. Sterling. demand. $4.75V; cables, $4.76 V- LONDON. May 11. Bar silver. 88d I ounce; money, 8 04 per cent; discount rates, short bills. 4 11-16 per cent; three months' bills. 4 V per cent. RESOURCES SHOW A RECORD TOTAL Federal Reserve Beard Reports Large In crease During Week. WASHINGTON. May 12. Total resources of the Federal Reserve banks have reached the record total of $1,209,162,000, an Increase of $184,000,000 during the week, the Board's statement shows today. Conditions of banks &iay 11 is snown as zonows: Resources- Gold reserve $ B6t.287.000 Legal tender notes, sliver, etc.. 86,149.000 A bulletin on the subject of preparedness for winter's food supply has been written by Dr. Ernest E. D. Laufer. agronomist of the American Steel & Wire Company. This company is issuing a . series of valuable weekly reports on crop conditions. Dr. Lau- fer's bulletin follows: "Great and momentous times are for the first time since the Civil War again con fronting the Nation. The resources and savings of years of peace are again being pledged to the prosecution of war. more gigantic and more relentless than any war that has been fought in the history of mankind. "Not all of us are chosen, however, to fight this great war with gun and saber, or by blood purchase; some must stay be hln,l to pledge all that they possess in the effort to produce enough food to keep the valiant soldiers fed and their babes and wives at home from starvation. Our beau tiful land of unlimited resources must be made to show its prowess In agricultural production, so that none within her boun daries shall feel the pangs of hunger and the degrading Influence of poverty. "In choosing the things to grow In the gardens, it should be borne In mind that the crops to be- consumed at once, such as lettuce, radishes, melons, etc. are to occupy only the most limited space, while crops that can be dried, cooked, steam processed or cellared should be grown ss abundantly as possible. The vegetables that are most readily preserved by cooking or steam pro cessing are peas, sweet corn, tomatoes, spin ach. Swiss chard and cucumbers. Beets, car rots and string beans may also be put up In this way. either pickled or In brine. Rutabagas, turnips, celerlac, parsnips, as well as carrots and beets, msy simply be placed In a cool cellar (the temperature of which should not be kept higher than 40 degrees Fahrenheit). In bins of dry sand, where they will retain their usefulness until the late Spring. Cabbages. Chinese cab bare. Brussels sprouts and kohlrabi may be placed In the cellar with the beads down and covered with sand, taking care that they do not touch each other, but that each is entirely surrounded with a layer of sand. String beans andcabbage may. of course, be preserved by the fermentation method In the form of sauer kraut. Parsley, sage. thyme, marjoram. Summer savory, bssll and celery leaves should be dried in a cool room. preferably dark with an abundance or cir culating air. . For this purpose they should be spread on newspapers In thin layers and turned frequently, or they may be tied In small bunches and suspended from a line until thoroughly dry. when they should be packed In airtight boxes, such as baking powder Una etc. In gathering cabbages and the above herbs, care should be tsken that they are free from dew and other moisture, as this would cause molding anu rotting. Okra or gumbo Is not mucn grown In the North; It. however, makes an ex cellent and nourishing addition to soups and tomatoes. This can be dried by cutting into nin.ri it,nrihwiM and subjecting to sun light or other gentle heat and plenty of lr. The same is true or sweet corn, w hhu must be cut from the cob and dried aa rapidly as possible. If this corn Is soaked for several hours and oouea in miia wnn little niece of butter wltn pepper anu salt added, it is quite equal if not superior to canned corn. Parin na may be lett in tne ground an trim., and used In the early Spring Derore growth commences. They will Be round more tender and delicious at this time on account of the freezing they have passed through. All of the vegetables and neros mentioned are or the easiest cuuuie, rrtiun is ,i,,rri nnnlliv soils to produce fair crops. They should be kept free from weeds and constantly cultivated. Any special imiu inn or cultivation will be well repaid, how ever, by heavier yields and more tender products. Weeds In fence corners and out of the wev places should be treated by spraying with sulphate of Iron. Asm A or Eureka weed killer. This should be made a com munity proposition, as concerted action is needed to insure results. Close attention to the above outline will result In a vastly Increased food supply during this coming Winter, besides furnishing the table with a number of delightful dishes which have only too often been absent In the American household. CORN PLANTING IS URGED Agricultural Department Appeals to American Farmers. WASHINGTON. May 12. "Plant corn as the most effective way of meeting; the threatened wheat shortage." urgred the Department of Agriculture today in an appeal to the farmers of the United States. Scarcity of other grains, said the statement, will compel a more general recognition of the value of corn as numan 100a. v iaer u ii cornmeal in the diet is strongly rec ommended as the best available sub stitute for wheat flour. The deDartment called attention to the fact that the normal production of corn in this country is three or four times greater than wheat, but that only about 5 or 10 per cent, or 200,000.000 bushels a year, has been used for hu man food. Prediction Made That Kine Will. Bring: 50 Cents and Crossbred 65 Cents Shearing General in Eastern Part of State. Oregon woolgrowers will realise higher prices If they do not sell their wool In a hurry. This Is the opinion of the National Wool Growers' Association, which yester-. day sent the following telegram from Salt Lake: It la my Judgment that every clip of fine wool In the state of Oregon will bring around 60 cents, and most of your cross bred wool Is worth 55 cents. I believe If your growers hold together they will get these prices. 'Dealers already stand to clean up $25,000,000 on this year's wool. They can afford to pay for what la left. It la probable Congress will place a 10 per cent tariff upon Imported wool. This will have the effect of raising prices 4 or 5 cents per pound. Woolgrowers need not fear Im ports from Australia, for the British govern ment is unable to get enough wool from that source to meet Its military needs, so there Is not much chance for our getting any considerable quantity. Oregon wool growers have lost 50 per cent of their lamb crop and they have passed through an expensive year. The only way to regain ' this la to hold their wool for a fair market price. The loss of sheep throughout the entire Inter-mountaln country will average 25 per cent, and the lamb crop of the West la not to exceed 50 per cent." Buyers are bidding keenly for wool In Eastern Oregon. but growers are still holding back. There was some selling in the latter part of the week in the Echo district, but elsewhere sheepmen did not appear interested In the bids. Shearing was ' under way around Condon. Heppner, Echo, Athena and Arlington, and at the latter point It was practically finished. Offers have been raised 3 to 4 cents as a result of action by Congress on the tariff, but grow ers think the market ia going much higher and are In no hurry to sell. There were sharp advances In scoured wool In the East In the past week. Eastern Oregon staple Is now quoted at Boston up to $1.45 and Eastern Oregon clothing up to $1.30. A Boston trade report says: "Now It Is $2 wool toward which the wool market here is setting, if hat point has not been reached already, and the price situa tion continues to be a feature of the condi tions In the trade. Even should no con firmation be forthcoming regarding the re ported sale of some fine AA pulled wool within a few days on a clean basis of the extreme high figure mentioned, the market will rise to that level, in the opinion of authorities here. The transfer of another lot of pulled wool at $1.78 clean, this sale be ing unquestioned. Indicates that the predic tion Is no rash one. One basis for the prediction Is the situation in the West, where clips now being shorn or soon to be ' put through that process have commanded prices which leave Boston quotations, de- spite many advances, below a parity with values In the primary centera "While the market here has not shown continuation of the excited buying re ported a week ago. no subsidence of Inter est Is manifest in the primary markets, at any rate In territory wool section. The transfer of wools under contract and still held In the West by dealers to manufac turers, heretofore reported to be very prof itable for the former, hardly can be consid ered otherwise for the latter. In view of the volume of Army contracts being placed by the Government, The big movement in - contracts here, however, appears to be ended." Total reserve Five per cent redemption fund against Federal Reserve Bank notes ..r Bills discounted members Rills bought In open market... United States bonds One-year Treasury notes U. S. certificates of Indebted ness Municipal warrants Total earning assets $ Federal Reserve notes net Due from other Federal Reserve banks net Uncollected Items ..$ 597,436.000 400.000 89.5R4.OdO 97.155.OO0 36.2i2.or"t 23.450.000 88.01B.00O 14.68 8. OOO Wool. Etc.. at New York. NEW TOIK, May 12. Wool firm: domes tic. fleece. 5i. Ohio and Pennsylvania. S4K 55o. Hons snd hMen nnehsntred TRAVELERS' C.rTDE. San Francisco Los Angeles (Without Change Za Roata) The Big. Clean. Comfortable. Elegantly Appointed. Seagoing S. S. ROSE CITY flail From Alnsworth Ioek S P. M., TlIl'RSDAY, MAY 17. 100 Golden Mlleo on Colombia River. All Kates Include Berths and Meals. Table and Service Unexcelled. The Ban Francisco Portland S. 8. Ce.. Third and Washington street with O.-W. K. N. ..). Tea. Broadway 45M. A 61XL rTWlN PALACES l-UKll. .MI TO KAX I KAMISl'U S. 8. GREAT NORTHERN, express train time. May 15. 19. 24. Cal. Str. Ex press leaves 9:80 A. M. One-way fares. $S. $12.50. $15, $17.50. $20. ROUND TRIP, $32. TRl-WEEKLY SCHEDULE, Tuesdays, Thursdays. Saturdays, to be resumed May 29 North Bunk, 5th and Stark. Station, loth and Unyt, 8d and Mor., N. I. Ky. 848 Wash., G. N. Ry. 100 Sd, Burlington Ry. TICKET Ot'IlCES 289.1S0.OO0 24.030. OOO 1.845.000 810.645,000 OVERBEGK & COOKE GO. Brokers. Stxkfs, Ilonda, Cottm. Ormln. fctc tlt-Xl? BOARD OF TRADE BLDO. MEMBERS CHICAGO TRADE BOARD OF Correapon r1Tr4 of Iorn fr 4-.n1cf.eio ua x-iew ivh MEMBERS New York tock Fxchanfo Chicago Mock Eirhtnft BoAtoa Stock Eicbanga Chicago Board of Trad w York Cotton Exchanffo w Orleans Cotton Kxchnnf New York Coffeo txciant New York Produce Kxchai Liverpool Cotton Am'b. ALASKA Ketchikan. Wrangel. Janeau. Doaglaa, Mainea, e-kagwaty. Cordova. aloes, sew aria and Ajacnormge. CALIFORNIA Via Seattle er San Francisco to Los Aa gales and Ban Diego, largest ships, aa. equaled service. low raiee. inuiudlac sneala and berth. For particulars apply or telephone FACUIC STEAMKUir COMPANY, Tat Admiral Una. Slain 16, Home A 6. 14 Third St. COOS BAY ElREKA, SAN mtCISCO S. S. KILBURN P. M. Tl'ESBAV, MAY 15. orta Pacific S. 8. Dock and 124 Third St. 3ear Broadway Bridge. Phones Broadway 520, A S422. ,T Hoi RALIA Honolulttff Suva. Hmm Zwu. Kecnlar SmiMnK from Vancouver. R. C, by the Palatial l'twteofer 8 tea mere of the Canadian-A act rata! an Royal Mall Una, For fall Information apply Can. Pac. Rail way &3 Third St., I-ortLand, or Ceo era 1 Asent. 440 feej-ruoar fet. Vbocou.rr, l.