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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (May 17, 1907)
THE OREGON DAILY JOURNAU, PORTLAND, FRIDAY EVENING, MAY . 17, 1C07. DIG GIllilliT; : St S, FOE. SATURDAY WHEAT LIARltET nSTTTrnrrT S, 1, ! ' "COLIPATJY v The following for tomorrow onlythese being subject to delivery at our earliest convenience and for which Like Yesterday Pit Opens Sharp. , . - we will not accept mail,, telephone or C. O. D. orders. . ly Lower and Closes at , Higher Point. 7 : 'V COMMENCING JUNE 1st OUR STORE WILL CLOSE SATURDAY EVENINGS AT 6 O'CLOCK GIAL LOCAL BROKERS LOOKING FOR DOLLAR GRAIN HERE i fimaU Millers Have- Scarcely Enough in Bint to Enable Them to Grind for Another Wee. While Oriental Demand for Flour Increase. (Joanul SmcIiI Bcrrka.l ; Chicago. Mar 17. Wheat brtflts the v seaaon's record again today. Like yes-A- terday it opened sharply lower . and , cioiea , witn a big gain. Todays bid price waa for May, fl.OOH for t July, 11.01 for,September. $1.014 for .iwcemoer. This shows gain of Iio, ( JHc. ijjo and l?4c for May, July, Sep , tember and December options , re ; spectively. , , y. . ...,.,',,-,' V , Today's performance of price In tha i wheat pit was even mora wonderful and , exciting than yesterday, the action of ..wnicn him tney aupiicated In every par Mtumr wun yesterdays nirktt Inning . today wu various options In the pit showing a . w os m to a centr a buihM nn,i- th. , closing Did of yesterday.. - At the Start we maraet was exceedingly : weak and ,. the sharp decline In values truly '41a . played the sentiment of the local grain "y!- - CBqae Zs Sarins-.' ' 7' '' ; . As in yesterday's session. It soon bs . came . evident that - the Wall . street , clique not only was willing to' support . prices, but was quite fc anxious to buy . ait me wneat oirered at former figures. , This determination . scared tha : local , snorts to the extent that those who sold- short early in the day with glee were 'more than anxious to get under I cover m an aavanca or aoout' 1 cents . a buahel. . . May Optloa "the star.' May option was the star of today's . performance, that -option losing tha least at the opening and making the V most sensational gain at tha dosing of the market. , In connection with the v sharp advance in the May option there f waa a very persistent rumor going the rounds -or tne trade that Armour , and his ' associates had cornered all the available supply ; of cash wheat - that could be brought on the market-to fill contracts for May delivery, v f Weather reports from -Europe were the direct cauae of the demoralisation of the bear forces. today, although green - bug" stories made their reappearance in large, numbers f among the brokerage .bouses, -, l i -- All foreign markets" were 'flrni with substantial advances in Liverpool, Ber lin and Budapest on - account - of the "Russian dry weather. A slgnlflcant feature of todays wheat trading all over the country was the prominent part taken by May option. At Duluth that option went to 11.01 at the cloee. V i DOLLAR WHEAT HERE, f Portland Brokers Believe Big 4Iar V n - keta Wfll Affect Coat. - With v tha Chicago and all world's 'wheat markets on a rampage there are 1 many predictions now being made that wheat -will go' oeyona tne aoiiar mar 'in Portland - before many weeks have passed. With fully nine-tenths of the - entire Wheat supply or ins rsomo ' northwest in leas than a , half dosen ' hands, the price, here Is going up by leaps and bounds. Small millers have scarcely enough wheat in their bins to " enable them to grind for another week. 'This," coupled ,wltn the still-growing "oriental demand for flour is forcing millers to pay whatever price the hold ' ars of wheat ask or else close up shop. LWI WAR VETERANS . Ill tIEET IH PORTLAND Summer Rockers, Special $2.45 A comfortable 'Arm Rocker for porch and lawn. Strongly built frame of hard maple, In the natural finish, seat and back stoutly woven. One only to each purchaser. - , ' . r-.'-..: Specials in the Drapery; v Dept. : Sixth Floor- After 7 . p: m.f tomorrow only ; y" ' ; $2.00 and $2.50 full size fringed Couch-Corera in Oriental ' colorings. SpeciaVLeach:;;;;r;T r 45c and 50c yard Couch Cover materials, 50 inches wide., v Special, per yard.. 25 : . BASLMLNT SPECIALS ..J. -.aBaBBa-SBaasa-SSBBBBBBBBBaFS-SBBS-BSaaaBB-aBBBBBBBBB-S ; Fourteen-inch Bread or Slidng Knives, six patterns to choose from, good quality steel v . ... Special 35c Ko. 8 nickel-plated Tea Kettles . ' ., j , v , Special 65c , : - One each of the above specials to each purchaser. -. r Yii BsmmocKs i La'rTnMowcn Gsrdea Hose Sprinklers in the Basement Dept IvniiatzoiT COrJPLETE-H005E-FUmiI5IIER5 HI I'MAKCTOUllj ' Opportune .'. la Our Eicfune I DepV. , Railroads . Reduce - Rates ; for Gathering to Be Held Here i Next Month. " , -V About the Name of Port land's Youngest The County clerk had 'the ruling, vote so we changed the name from ENGLEWOOD to v FOURTH AND STARK STS. x I " ' 1V ' "-.,:,".! : , ; '-i. S ,1 .: t " ,1 IV GEO. R UNDERWOOD . THB OFFICB ON THIS CORWIR , aOiWGdlCilAimCiB This is the kind you get at the Outlet. When ; you buy High Art Clothes. What are High Art Clothes? Clothing of character. They're ' clothes typically young in character and tone.1 Designed by modern ideas and are not copy- - righted. High art is, , as aboverstated, ideas possessed from the skilled designers employed' tor just this purpose. Hence, if you want the best: that's made in Men's Apparel; you will get pattern, lapels correctly, shoulder, fit about neck arid body, hang and style of gar ment. Prices from $15.00 to 03O.OO. The best lighted store in the city. TPJI TD-Tp CLOtniDIG lr lljlij IK company E. Cor. Morrison and First Sts. m ' ' N. MENEFEE : J ' ADDITION This New Addition is Made Up of Beautiful Home Lots -Come in and Let Us Take You ; to the Spot TODAY. . :FAST ;-.5: - str:;telegraph, . Will leave Aldef-strect dock 8 A. M.; arrire Astoria I P. M. Leave ...... Astoria 3 P. M.; arrive Portland 9 P. 1L . ROUND TIUP 01.00 Meals served, SOc Tickets on sale Alder-st dock.. Phone Mam 565 eeeef N s. Tha annual business meeting of tna Indian War Veterans wW ba -held In ' thi. eitr on Tuesday. June 18, to which sll Indian war veterans and all pioneers I V' , , . T9illMl MtM lUiAfl I -t 1 sra iiYii. -vv . - - - wJ -eoured over all the railroads witn tne I 'lVXiil1on of the - Astoria te Columbia I BlverSoad. All pioneers-and ; Indian war veterans paying full fare to Port land over any of the Southern Paclfle lines In 'Oregon will be returned' at one-thjrd regular rate to starting point on or berore June ji wnen ine cernn eate or receipt Is properly eounter .. slgnod. " , The O. It, A N. will grant tha aame rate (one an one-third fares) on all Its rail lines in- Oregon,, wasnington and Idaho. No reduced ratea will be given by either company for a 'less number than -80 -personar and -such per" , sons must have paid full are to vua amount of 50 cents at least. v; 1 - The rate applies equally to Indian ' war veterans, pioneers and their fam ilies. All these ere urged to ask for' a ' receipt or certificate at-the starting ' place, showing the amount of fare paid. - These certificates will be 'countersigned , " by George Hlmes, secretary of the Ore-1 gon noneer association or uuo H.iee ' man, grand adjutant of the Indian War . Veterans, and the presentation of them to the ticket agent In Portland will se cure a return ticket to starting point st one-third rate. Careful attention to thesa-dlrections . will save much trc 1-1 Thjiffaro between Portland and As--tawelther by rail or boat will not be Teduced below-, the present rate. ; The rf- Central & Eastern railroad ' will carry T pioneers en Indian war veterans over . us line lor rua iar ana mum mm . to starting; point at one-fifth fare. Thai Oregon City Transportation . company I , running between Portland and, points up , the Willamette and Yamhill river will . sell round-trip tickets. for one and one- , third fares. . . , B, m'" 1 in' 1,1' 1,11 .VV '' : , THREE THOUSAND-DOLLAR FIRE LOSS ON A RANCH SM-til SkMltt "to Tb Jonrl . Milton. Or., May 17.--Flra on , F. B. : Steen's ranch at Hudson Bay, nine miles I frOm this city, yesteroay resuitea in a " loss of property vaiuea at ss.ooo. not ' covered by Insurance;- A hay baling I iwiiii mmm m mm n - imi r , vv.av. )P777iTlVy frb'f&TX CTsfvVA'l YlfTT 7 "t rvJHAT NO THOUGHT WAS GIVEN TO THE FUTURE by making careful investments from the monthly I salary. WE OFFER THE REMEDY by telling you about "TERRACE PARK," Portland's most beauti 4 A ful and best new residence' section, where YOUR MONEY WILL SOON TREBLE. You do not have to look away oft into the future for profit in your investment. IT IS THERE YOU CAN SEE IT. Then the city is built up to this magnificent tract, giving you at once the advantage of streetcars, schools, churches, lodges and stores. 7 SALARIED MAN OR WOMAN, START IN AT ONCE TO SAVE. A few dollars down and a few dollars per month will buy one of our residence lots. YOU ARE ENTITLED TO THE BEST YOUR MONEY Wii-1- uu Y, AND YOU GET IT IN "TERRACE PARK" . . . .. -t The Spahtbn Gbmpahy , ( '' OPPOSITE CHAMBER OP-' COMMERCE, - Office Phones-Home A2828, Main 2828. 7 : . V - ; ' 270 STARK STREET , ; . "TERRACE PARK," Tabor 180. V : 4. : machine, 128 tons of baled hay, and SO tons of loose nay went up m smoae. v..