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THE OREGON 9 SUNDAY JOURNAL. PORTLAND. ' SUNDAY 'MORNINGS MARCH 15, 1&08.
is
Egg's Reach New Low Level
and Storage Operations Are
. to Begin in Near Future.
' Japanese Onions Cannot' Be
Sold Here Uecause of the In
; ferior Quality ; of . Stocks
M mEmNMCIAL WORLD
IT
lacjf Market Reviews :
With the Trade
r rrn
I . . . . ... I S. I 'T " I-"" . 11,11
, . . .. . - ,i i n nw i i ii m i ! MmmimmMmm1 I ' r'"1 1 11 " 1 ' '" - ' ' sgeswsasassi mmmmmmm
ni onion
.1 :rt
ROUTS JAPAN
Foreign Article Not of Buffi-
; . cient Quality to Com
pete With Ours.
i" -, By Hyman H. Cohan. '
. Oregon onion producers have won
thctr fight against the foreign crop. .
An attempt of a local housa to bring
Into discredit tha product of Oregon
rlwa proven a dlamal failura for tha rea
son that tha ' Oregon onion U Known
verywhers waat of tha Rocky moun
tairs aa tha- beat that la producad by
stature. This seems 'to ba tha natural
bom a of tha onion, for nowhere does It
(tow to auch perfected quality aa In
Ore iron and la no other place can It be
produced ao easily.
The keeping qualities of the Oregon
onloa have caused much talk among oro-
I rUicer and scientific men elsewhere, the
Ufupplles grown here being much supe
rior in in is evay to uie stocas grown in
Vther sections. .
It was for this reason that the at
tempt to shove, aside the Oregon onion
Snd pUca In Its stead, the product of
apaa proved a flat failure. In the
first place there la no other eection In
the county or the world where onlona
row to auch uniform alse aa they do
i Oregon. The onlona of other locali
ties may ba good but In no way do they
compare with the product of Oregon. In
alse the Oregon onion has them all
beaten, for It la Just whst every one
wants neither too large nor too small.
The Japanese onion grades about No.
t as compered with our beat Oregon
In fact a No. I Oregon onion la even a
trifle better than the one Imported from
the (aland. The attempt to beat down
the Oregon producer has. therefore, re
sulted In failure and as the financial
part of it is said to be heavy, it Is not
liKeiy mat the experiment win De re
peated very soon.
The producers of Oregon should get
more encouragement from their home
merchant There has always been a
diaposltlon among some commission
houses to further the Interests of the
producers of other states even to the
extent or taking a smaller proni'.inen
they would from the man at noine. Thla
Is nut Intended to mean that the major
ity of the commission men do that -but
the bringing Into thla market of sup
plies from other marketa that can Just
aa well or better be supplied by local
producers by a few, is alwaya detri
mental to the rest of the market.
Oreton producera should get a square
deal at all times and tho merchant who
does not fin no In the future Is likely to
bi compelled to seek quarters elsewhere.
Portland is loyw.1 to its tributary terri
tory and the consumers know where the
best quality la produced. This Is the
reason why some merchants who ars
always trying toWducate the people here
Into trylr.g in outside product when a
local one will do tetter, meet with
failure.
.There arc plenty of Oregon onions re
maining here at this time to suit the
trade at the prcserit range of values.
With the higher prices consumption Is
always curtailed and as the Oregon
crop Is sold the California and Texaa
onions will be ready . to use. -The gen
eral commission trade of Portland Is
against- the Importation of foreign
onions as long na we nave Americana v
fill the demand. Therefore there has
been po aalo here for the forolgn stuff
which aa far as quality la concerned
la high at any price.
BITUATIOX IX BUTTEB.
Creamery Men Discover Their Peril-
out Position and Cut Price.
Th unvera break In creamery butter
prices the past week waa due entirely
to condltlona ruling all around ua. In
California butter la so low in price that
the makers there were shipping It all
through the Portland territory wnere it
waa sold at materially cut prlcea from
Which we. had In effect.
Th uma sort of condition ruled
here several years ago and at that time
Oregon creamery men learned a lesson
that proved very effective even though
It was ratner cosuy. nicy ueia m
thotr nrica then, believing that tbey
would be able to sell their product no
matter whst price the other reuow
charged. That they were mistaken in
thair .dew waa shown a short time later
when thla market became flooded with
the outside product, wnicn in turn
glutted the focal trade channels until
It brought about an enormous decline
la values here.
Thla year the creamery men discov
ered their plight Just In the nick of
time, for with California butter about
lie a pound lower than ours It would
'.not take a very long ume 10 miua im.
tlea;ltory with the cheap product. See
ing tne danger or ineir punin me jwm
creamery trade thla week cut the price
to a pound, but even thla aharp cut
seema hardly sufficient to stop the
Influx of outside stuff. v
EGO STORAGE TO BEGIN.
Operations Will Become General In
, This Market During the A ecK.
( Storage of eggs will begin here In
earnest the coming week. A few cases
were put away during the laat few days
but the volume of the Input waa small.
Prices went down hill very fast during
the past alx daye in fact. It took sev
eral men all of their time to find ex
actly .where the market stood at Inter
vals. All sorts of prloes ruled, at one
time, every dealer trying to unload his
surplus nt the best figures obtainable.
During the week the price struck the
lowest point In several yeara.
Cheese mnrket Is showing-a firmsr
tone, but values are aa yet unchanged.
APPLES &OARIXO HERE.
Market Is in Better Shape 'Owing to
Smaller Supplies Tram wxpeciea.
: YAiiaA nf thft lighter unnlles than
th
ifl trade anticipated a higher rantje
i i.. l. .tKno in tha a nnlo mnrlrftt.
lot
!?ww iAnn ha fruit rAmilnii iinnnM In
OT VI11I1CH IB 1 U i 1 lift 1 s-iiv fuw "
sthe Hood.Rlver-dlstrlct and th avail
'able supplies In the hands of apecu
lators and atorage operators are small
In comparison with what the trade be-
f Torsnge market is higher here and In
fthe south on account of the low prices
Jwhlch have heretofore made the trade
HinprofltaDie lor proaucerB.
1 1 FRONT STREET REVIEWS.
Hop Sales' Are Fair but Prices Rul
1 J ing Are Very Low.
L'Asparagus la more plentiful ' and
iower prices are expected the coming
t' Hop sales during the past week were
f fair volume but pricep ruled between
Salmon aeaaon closes at noon today
and will remain closed, for at month.
Late fishing operations have been on
an extensive, scale. , i.. , -
1 Smelt run in the Lewis river has been
a! record breaker for .that stream and
prices went down to 3c a pound here.
a Dressed meats are still In steady de
mand but the market Is not quite so
firm aa It waa. . , . 4. ,
I Chickens were boosted , to, 16q hia
Wk but th price was too high and
the heavier arrivals caused the larger
buyers to hold . back. This 1 the alt
uation at the moment. - f- :
f ilsxlcan tomatoes are lowar, besaus.
...
of tha iarg uppil ' A car from
Florida U due within a week or 10
&heet market was dull and inactive
the past week with ,valuee aUUonary
though nomtoal. No foreign . flour
'Vront street sells at the" following
prlcea, . Prices paid , shippers are leaa
regular commissions:
1 wrala, not aaa TseeX. '
a RAIN BAOg Calcutta, to( Urgt
to: red Russian, iotfllcz Wuestem, A
0io: valley. II lla . ...
QOPN whole. lt: cracked, Itt ton.
eARLET-New-.reed,lt P-r toaj
rolled tltotl) brewing, lit. . .
RTB ..I4 per cwt, ;
: . OATS New Producers T1
I whits 117 per tonj gray, 'S.2"
FLOUR taster n Oregon oa tents,
M.lJj straights. K.Iks P" f J JS;
valley. 14.46; graham. K JO
whole wheat. Itli rye. tss. Ik.io.
M'sTUFFS Nominal Bran, 2
017 ton; middlings. 0-'Ol',1n?"J'
wuntry. fai.iO; cfiy, 117; chop. Ml 024.
HA If Producers' prtoe Timothy.
tesC Yl10.k0; clover 1100 1;
frsln, J-)ioheat. J. alfalfa. $110
I.M- , t
Batter, XgaS aaa Poultry.
BUTTER TATr. o- b. Portland
Sweet cream. HUo; sour IJtte.
iiU TT.H Jtxtra fancy lran oteam
ery, 10c: faney I7J40ISC; choice, 27 Ho;
stors, 6o a pound.
EOOS Extra fancy, candled, 16c.
CHaSby Nsw Full cicaui, fists.
UHo per lb; Young Americana. 17e per
lb: California, lie-lb.
POULTRY Mixed chickens. 14 He lb;
fancy bans. 14V015c lb: roosters old.
12c- fryers 4.kO0(.OO dosen; broilers.
K.OOtlS.OO; geese, old, lo lb; turkeys,
alive, 1401SO per lb; dressed, 16018c
lb; squabs, tile dosen; pigeons, 1 1.26
dosen; dressed poultry, 101 Ho per lb
higher.
ktopa. Wool sad Bides.
HOPS 1107 crop, first prime, 6 He;
prime,' I He; medium to prime. SOI Ho;
medium, 40ko lb; 110s crop. 102c tb;
comrade, 1108. ( ).
WOOL 1101 Willamette Valley. II
917c.
MOHAIR 1101 Nominal. 26c.
HIDKU Dry hides, ilmi) lb; green.
tOkc: calvea. green. 0Tcj kit, so
lb; bulls, green salt. 2H0SVo lb.
SKEKP8KINB Shearing, 15 20c
eaoh, abort wool. 2crc roeaum.
wood, kOc0fl each; long wool, 7kc0
11.25 each.
TALlvOVv Prime, per It. 3c04o;
No. I and grease. 20 2 He.
CHITTIM ARK J3He-
rraits and Tsgstebies.
POTATOES Select, 40 075c, aell
lng; buying, Wlllaiuett- valley, 4U40o;
eastern Multnomah and Clackamas. 460
10c per cwt; sweets, !H04c; seed stock
f. o. b. Portland. American Wondera,
1; Early Roae, 1.
ONIONS Jobbing price. 12.75012 00;
buying, spot, 13.26 02.60; Japanese, $2.60;
garlic, 7o lb.
APPLES Select. 12 25; fancy, 12;
choice. 11.5001,75: ordinary. 1101.26.
FRESH KkUiTti Oranges, new. 11.16
0i.26; bananaa, 6o per lb; crated, tHc;
lemons, 1201.60 box; grapefruit, 12.600
8.60; pineapplea, 4 dosen; pears, fancy,
II. 5001.76; tangerines, 11.26 a box.
YOBTAJaUS Turnips, new, 50 O
10c. sack; carrots, 60c per sack; beets,
C607kc per sack: parsnips. S&C0I1; cab
gabe, 11.6001.60- tomatoes. Mexican,
12.60; bean a, 15o; cauliflower, Cal
ifornia, 11.7501.00 per crate; peas,
14c; horaeradisa. 7H0c lb; artl
ohokes, 76C0I1.OO dozen; sreen
onions, 40o dosen; peppers, bell,
25c; Chllo. 16o lb; nothousa
lettuce, 11.26 01.60 box; head let
tuoe, t56 dosen; cucumbers. hothouse,
12.60 dosen; radishes. 25o dos. bunches;
eggplant. 20o lb.; celery, I4.BO04.76;
crate; cranberries, eastsrn, ID01O.6O;
sprouts, IH0Oc lb; acparagua, 25 030c
lb; spinach. DOcOll.QO box.
Orooexles. xrats. Zta.
SUGAR California and Hawaiian
Cube, 4; powdered, I6.H&; berry, 16.16;
dry granulated. 5-46; XXX gran
ulated, 16.40; cont A.. 16.66: extra B..
15.16; golden U., 16.0a; O. yellow,
I4.H6; beet granulated, I6.4B; bar
rels, 15c; half barrels. 10c; boxes, 6.6c
advance on sack oasl
(Above prices ars 10 days nst cash
quotationa.)
HONiQr 12.10 per crate.
COPySSPaokage urands, I1I.IIO
II 41.
-SALT Cosrse Hslf ground. 100s.
III. tti per ton; 80s. 114.00; table, dairy
50a lly.00: 100s. 118.76; bales. 11.60;
Imported Liverpool. 60a lao.liu: iVOa
111.00: 4s, 11.00, extra tine varrela, la
Sm ana lus, 14.6006.60; Liverpool lumf
tock, 120.60 per 'to; 60-lb rock, 111.59;
iOws. 111.00.
(Above prices apply to sales of less
than car lots. Car lota at special prlcea
aubject to f lur.tuatlona)
KICK Imperial Japan. No. 1, 4q; Na
I. 4H06Sci New Orleana, head, 7c;
AJax, 6c; Creole. 6c
BsIaNS 6mall white, 14.26; large
white. 14.10; olnk, 14.10: bayou. It.0;
umaa, .60! Mexican ras. smo.
NUTS Peanuta, Jumbo. c
per lb:
ed. c
Vlralnla. 4c bar lb: roasted. o
per lb; Japanese, 4H 01 He; roaated. 8 Ho
per in; wainuia, tjattroruia, iso per iu;
pine natt, 16o per lb; hickory nuta,
1UD pwr IOi uiaaii uu, jvu jr iv, Gil
berts lBo per lb; fancy pecans. lt0!o
per lb: almonds, llo.
Msata. Itsk aad Provisions.
DRtSSED MEATS Front strset
Hogs, fancy, 7H0fo lb; ordinary, 7c;
targe, Hy o lb; veal, extra, Viuloc;
per Ibr-ordinary, c per Id; heavy,
, tu 8c per lb; mutton, fancy, 11c per lb.;
spring l'-it , 13 15c.
HAMS, BACON, KTC Portlcn.l psck
(local; hama, 10 to 12 lbs.. Izhc per ib;
14 tx II Iba, 12o per lb; in to 0 lbs..
12c; breakfast bacon, 15H0Z2HO per
lb; picUcs, so per lb; cotuibo roil. 1'jo
far lo; tegular short clears smoked,
lo per lb; unsmoked. luo per Ib; clear
backa, unsmoked, 10o: smoked, 11c;
Union butta. 10 to lio lb; unsmoked,
12c per lb; smoked, lie per ;b; clear
bellies, unomoked, 12 Ho per lb; smoked,
18Ho per lb; shoulders. 10c; per lb;
pickled tongues, 70o oacn.
LOCAL LAR1 Kettle leaf. 10s, 12 Ho
per ib; 6s, 12Ho per lb- fco-lb. Una, ud
per lb; steam reudered. 10s, 11 Ho per
Ib; 6a. II q per lb; cuaipouna. lus,
Wo per lb.
F1BH Hock cod, 12Ho lb; flounders,
Ic per lb; halibut, 6 6c per lb; striped
baas, 160 per lo; catfish, 11c ie: lb. !
mon. chlnoon, 12o lb; steeliiead. llo
rer lb; froxen, Ic; herrings,
e lb: soles, lo lb: shrlmna. ioe u.r
lb: perch, 6o par Ib; tomcod, llo per ID; A
lODSiers, iocs par id.: iresn macaereJ, no
per lb: era flan. 26o per dozen; stur-
feon, 12 Ho per ib; black base. 20o par
b; silver smelt, 07o,per lb; Columbia
smelt, 3c: black cod. 7 Ho lb; crabs.
11.0001.60 dosen; shad. 10c.
OYSTERS tilioal water osy, per gal
lon. 12.60; per 100-ib sack, J6 00; Olym
pla, per gallon. 13.40; per 100-lb aack.
M.OO04.&O; Eagle, canned. 0o' can; 17
dosen; eastern in shell, 11.76 por hun
dred. CLAMS Hardshell, per box, 12.40;
rasor clams. 11.00 per box; lOo per dos.
Palats. Coal OH. Eta.
Onsr T1. 14.. mtnwAnwA
11 He; sisal. 8o; L B. slsaL Hc.
Coal Oils
watsr wnue . .ii o
Pearl Oil ....
Head Light ..12Ho
Eocene ........ ....
fin.ctal W. W..14UQ
1IHO
UHo
21 Ho
21Ho
e e e
1IHC
lino
Elaine
Extra Star ... ....
Qaaoline
V. Mt and P. Naptha ...llHo UHo
nl wVru WsmiWlU'f I..1B7SU
liA-At lAsinlln. t :m : . . . . 1 It a
HO por ceni uaiounf ..ov c 11
BJ X JBIISIIISJ a-all.allgal.A V W a I V
aUAi1 w UV,i isaveieawt sv PSf S4bm.
iron bbl- Ic Dr nl
TURPEN: INK-In easea, 7o pr fal;
wood bbla, 9H per sL
9 TVDt7 C"TN tW T Dsaw hkl as RM seasssasi
U41vOkla' vim ae w v wwi vesipwar
tics boiled, bbls 64a, caaaa COo a gal;
lota of 260 gallons lo leas, l
WHITE UCAI-Toa lots. 7 Hooper lb)
100-lb lots. Ic psr lb; leas lots, IHe.
JrYiRffi KAXL3--f reseat basis at Ull
t 'c
,
jm I J m - - aPSaiaWa SP U aSll. II BJ la ' ST . aWSnfl I J I I
-uwr , fM c ait .i 'i r- . "
Stampoded.
CROP CONDITIONS
ARE THE
Crop conditions throughout the state
of Oregon are of the beat Grain crops
are ahowlng better growth than for
many yeara. Fall wheat made consid
erable progress during the past 10 days.
The hoady showers added to the wealth
of the crops to bo harvested this sum
mer. The acreage of wheat throughout
the Pacific northwest Is the grestest
over sown, in the fall, according to re
porta received by The Journal recently.
Spring aowing Is now In progress In
almost every aectlon of the north coast
und present evidence is that the sown
area will be much larger than last sea
son. Weather conditions have been
Ideal for spring work and thla alone will
account foV an lncreaaed production.
Potato Aoreegw to Be Heavy.
Notwithstanding the low levels Into
which the potato market dropped the
past seaaon, there will be quite a beavy
increase In the acreage this year. The
greateat lncreaae will be In eastern Ore
gon the ground formerly used In sum
mer fallow being given over Into po
tatoea. Soil that waa not used to grow
any crop every other year will now be
transformed into a huge potato field.
This is one of the easiest crops to be
ralaed in that section and experts say
that lis growth will aid the soil more
than summer fallow. The growing of
such large areas of potatoea in the in
terior Is expected to bring about a lower
range of values than usual. It will also
put this state in the front rank of po
tato producers and the markets, of the
middle west snd southwest will in all
probability be captured because of th
low values producers will be able to sell
at and yet make a auitable profit.
Prult Trees in Good Shape.
Jn many sectlona the fruit trees sre
in blossom and while it Is yet too early
to make a definite prediction, the Indi
cations from past experiences are that
the Pacific northwest will have a record-breaking
crop the coming seaaon.
There Is always the chance for a heavy
frost during March and this may dim
the prospects to some extent
Hops Being- Plowed Up.
Many acrea of hops are belpg plowed
up In the Willamette vajley. but the op
erations aro not of such an extensive
scale as could be wished, considering
the preaent state and future prospects
of the market. Most of the growers are
waiting until April before deciding what
to do. If the market makes sven a
fractional advance some of them will be
encouraged thereby and grow another
crop. Those who have time contracts
to fill are believed to be ready to do
this In a Short time because they can
not afford to have the hops plowed up.
Most of them sold at too low a value
to admit of paying a profitable growing
price.
Wheat Crops of the World.
The following report of the growing
wheat crops is taken from Broomhall's
Corn Trade News of Liverpool. The
report for the United Kingdom follows:
"There have been further rains,
which, although seasonable In one sense,
yet were not very welcome to farmer,
who were busy with seeding, and It Is
now said that already a large aorenge
has been sown with spring grain, Includ
ing more spring wheat than is usually
put In. Native wheat has continued to
rule weak, all latest markets reporting
declines of Is to 2s per quarter, supplies
being moderate' generally.
Argentina.
Although shipments were again very
large last week, yet there was some de-
$200,000 A TON IS
RECENT GOLD STRIKE
(t'nltrd Pre tiied Wire.)
Tonopan, Nev., March 14. Inhabitants
of this city and vicinity are excited
over .another rich gold strike that has
been maae hero, this time In the Round
Mountain camp. Reports from there to
dav say that it is the biggest of the kind
ever struck in this district. Eight
Inches of ore, practically pure gold, was
struck at a depth of 100 feet. It Is es
timated that It will run 1200,000 to the
ton.
DAIRY BUSINESS IS
GETTING ATTRACTIVE
(Speelal Dispatch to Tbe Journal.)
Brownsville, Or., March 14. Farmers
In this vicinity are going Into the dairy
business. Many new separators are be
ing set up, old ones are thrown away
and larger ones bought This haa been
regarded as one of the best dairy cen
ters In Oregon: tons of butter are
shipped from this locality every week.
Outside creameries have heretofore han
dled most of the cream, but the Farm
ers' creamery haa entered the field and
is now gathering most of the product.
In fuct a well-known creamery man re
cently said It was a matter of only a
short time until the Farmers' creamery
would run out the other concerns. They
havo gained territory very fast during
the last few weeks.
. Busy on. tbe Farm.
Brownsvtiis, or., Marcn if. inis vi
cinity Is experiencing some fine weather
at tne present, considerable farming Is
being done. Spring sowing Is in full
sway. Flowers are blooming and tbe
hand. With spring cornea new Ufa to
this city and vicinity. 8everal families
01 oaaterners are - jn me cny iwaini
for locations. . Houses cannot be haa
tar anv fcrice.- Many new buildings will
be put up during tha coming spring and
tMmnr.Uii,-;-,t;. m ,v
'AW
OF OREGON
BEST ON RECORD
ereaae, compared with the enormous to
tal of the preceding seven days. Ship
pers say that the extreme ruah of tho
movement Is over, for the svsllable ton
nage Is not enough to load In tha near
future such big quantltlea as havs been
dlsoatched In recent weeka. Further
rains have fallen, doing much good in
the camps.
India.
Ronnrta of the crons are favorable,
but' prices are still too high to permit
of business with this side, and there is
even mention of Imports of Persian
wheat at Bombay.
Bnssla.
Snow followed by mild weather has
been reported from the aouthwest and
kepea for the cropa have revived but It
is eaav to see that ths center of Inter
est la now shifting to the coming spring
seedings. For the rest of the empire
there is no .particular change to note,
we aet complainta from various parts,
hut thev are not very serious snd, on
th mrhnlp tha rron outlook is not con
sidered unsatisfactory. Of course. It
must be remembered that the Interior
districta grow very little winter wheat
. t. i - .1 1 .. v..a,.u. . nntahln P 11 -
I umim ,r, - r " 'i ' - r
tion) and in spite of the more hopeful
tone in recent southwestern reports, we
cannot think but thst the winter crop
there will turn out short.
Bjonmanls.
The weather Is fins ahd mild, quits
favorable for the crops. Supplies of
wheat are quite smaU and business is
very dull.
Austria-Hungary.
An official bulletin dated February
15 mcntlona changeable, unaeasonahle
weather and a weak plant, but since
then there have heen good rails or snow.
The Budapest market hss recently
shown a firmer tendency for near po
sitions, but new crop delivery haa been
weak.
France.
it l flrlv certain that the frosts
pan.eH nm damaee to crops, but it
... nnt i.rinin and arenerallv the out
look for the standing winter cropa Is
quite favorable. Although Paris has
been firmer, country msrkets have gen
erally continued easy wtth liberal sup
plies; however, there are indications
that growers are now Inclined to hoi 1
back offers and work for a reaction, so
some Deoole are looking for firmer
prices in the near future.
Italy.
The aspect of the standing crops gives
satiKfactfon, but there have been some
complaints of drouthy weather in the
south. Native wheat continues In good
supply.
Spain.
The crops have benefited by recent
weather, which was more wlntery, and
checked the growth which was getting
so forward that it causea a mue ni
iety.
Germany.
Mild weather prevails. Some reports
say thst the crop situation is favorable
ana in any case inrre uro n uuiuianur,.
The recent weakness has been accentu
hv inrs-er offerings of native grain,
which increase is quite, normal, for
f 'rowers usually aim to sell rather free
y before they get busy with Spring sow
ing and other field work. An Improve
ment is looked for when these native
offors decrease. There are continued
complaints of the poor consumption of
flour, wnicn naiurauy incona utuiorg
purchases.
EXTRA BUTTER IS
DOWN A HALF CENT
Receipts Heavy One Day and Light
the Next Eggs Aro Holding
Quite Firm. ,
(Hearst News by Longest Leaaed Wire.)
Ban Francisco, March 14 The re
ceipts of butter on Friday were very
large and today less than one half aa
much arrived. The last two days' re
ceipts of cheese were heavy, but there
has been a good shipping demand. The
receipts of eggs were somewhat larger
today. There was no change In eggs
and the market was firm. On 'change
20 cases of thirds sold at" 1S0 per
dozen and 15o was bid for extras. But
ter fell off V4c per pound for extras.
the closing being firm. On 'change 20
cases .or extras soia at zy,Q per pound
and 40 sold at 24c. Fancy Ypung Am
erican cheese was advanced Ho per
pound.
Eight carloads of oranges arrived
out mere was no lowering oi prices.
On the basis of the recently advanced
F. O. B. south prices the local market
is likely to further advances. In the
coming week Mediterranean, sweets, and
fit. Michaels will be added to the list
Tangerines were scarce. Lemons were
slow and weak. Four drawers of straw,
berries - were received from Palo Alto
in poor condition. They sold at 60 cents
per drawer. Strawberries are expected
from Los Angeles on Monday.
The receipts of asparagus were ths
largest of the season, being 434 boxes
and prices declined. Bay rhubarb was
mostly sold by the bp with receipts
of some 250 boxes. Oreen chile 'peppers
brought fancy prices,-only one sack be
ing received. Choice green peas sold
up to 16c per pound. -. There was prac-1
tically no change In old potatoes or
onions. New potatoes will soon become
quite plentiful. - : ,
Australian Wheat Shipments.
Chicago, March- Il.ustrella ship
ments, 111.000 bushels last week, III,-
OflB Buauel
1908 W TOP
1 90rSRECORD
Present Conditions Seem
Ripe for Higher Range
in Stocks in Future.
STOCK MARKET' GAINS.
Amalgamated . .!
Canadian ....
Urle
L. A N
Missouri Pac. .
Pennsylvania
Rsadlna
Sugar
Colo. Fuel . .
Brooklyn , .
People's Qss
U. S. Steel.
do pfd.. . .
Atchison ..
ft
.2
. H
.i
. .1
Southern Pac.
St Paul
Northern Pac. .
Qt. North, pfd.
Locomotive . . .
B. 0 1 H
Smelter
N. T. Central... I Si
.i
tnecanaa f . . ,
By Thomss C. Shotwell.
(Httnt New by Umcaet Imm4 Wife.)
New York. March 14. After an excit
ing session, stocks closed with material
net rains today. The last figures were
only slightly under the best of the day
and the abort Interest continued cover
ing up to the end. If signs are worth
anything a wild opening Fa In store for
Monday morning, in tne last rew
months Washington hss chloroformed
the market nearly every Monday morn
ing, but the black bottle has been put
upon tbe top shelf as a result of suc
cessful negotiations' lust completed. A
new era hss been inaugurated1 aad 90,-
000.000 American cltlxens have laid
their quarrels aside,
Take Profits Barly.
Under the circumstances It Is, of
course ImDoaslble for any person, how
ever well Informed, to say exactly what
tbe stock market will ao, nut it win dq
a wonder if somebody doea not tHke
profits early In the week. A reaction
Is overdue snd the market would go
further ultimately if It could rest a fw.
daya now. While the ultimate effect of
the new legislation will be tremendous
ly bullish, it must be remembered that
the general public has not begun to re
alize lta importance and will not do ao
for several weeks.
The new legislation at Washington so
fsr as described by those having it In
charge provides for pooling among'
railroads and makes comblnstion
In restraint of trade illegal
only when harmful. All trusts
sre Illegal under the present lawa, the
very existence of the steel trust for In
stance, being a crime under the federal
statute Impartial enforcement of
present laws would mean that every one
of the truats would have to be dlaband
ed exactly aa the Northern Securities
wss forced to liquidate. It Is realised
that such a thing woulud b revolution
ary and harmful. Modern bualness con
ditions demand the truats because
things have to be done on such a broad
seal j these days that Individual busi
ness men cannot command the requisite
capital. There la no Intention, those
In charge of the movement aay, to make
an exemption in favor of labor unions,
as thoae organizations would be covered
by the same law that makes the trusts
legal becauae the unions are combina
tions with a good purposs in view.
Wall Street Bellows.
The loud noise made In Wall street
recently about favors' To the labor
unions. Is, therefor, uncalled for. Thla
legislation Is expected incidentally to
make unnecessary prosecution of trusts
and It is quite possible that even, the
famous Standard Oil-Alton case may be
settled out of court by the government
In the interest of prosperity. The trusts
are whipped and Washington is ssld to
have no desire to push them over the
brink. Conditions are exactly the re
verse of what they were a year ago and
with prices still under the normal trade
is such a wide swing possible that it
would surprise nobody who knows what
the new legislation means If stocks were
to go in 1508 to the highest prices ever
recorded In the history of the country.
The situation Is pregnant with high
records. There are conservative men
.who Insist thst the lew legislation de
serves to rank witb the declaration of
independence and the emancipation
proclamation in far-reaching import
ance. A new bull party has been formed In
cotton with the intention of squeeslng
the shorts who have been selling rather
too heavily in the last few days.
Range of prices:
DESCRIPTION.
Am. Copper
Sugar
Cola Fuel & Iron
Brooklyn
People's Ons .
U. S. Steel, c.
do preferred
Atchison
B. & O
C. Pacific
ftrie
Louisville & N.
M. Pacific
Pennsylvania . . .
Reading
Rock Island
So. Pacific
St. Paul
Union Pacific...
Am. Smelter
N. Y. Central
Nor. Pacific
Anaconda
Ot Northern....
C. & O
Soo, com
So. Railway
Wabash, pfd. . . .
Cotton Oil
Central Leather..
Federal Smelter..
Norfolk
Ont. & Western. .
Am. Woolens . . .
R. I., pfd
Am. Loco. ......
Smelter, nfd
Derver & R. O.
Total sales, 642, S00 shores.
Money, one loan at 2 per cent
PRICE OF COPPER
SHARES IX BOSTON
(Furnished by Overbeck & Cooke Co-.)
Boston, Marcn i.
Adventure
l u N'lii nom. .
Allouex
Atlanta
27B'Os'-eola
.nt I01...,ir,rt
ju y$ njjQit,,".. ....
Cod. Range. 63
y uincy . . i . . . .
1 amarack
L'tah
Winona
Rutte Coala...
Cal. A Hecla.635
Daly West
Dom. Cop.
C. Ely
Qreene . .
Oold Hill.
Michigan .
No. Butte.
Mohawk .
Nev. Cons.
Qlroux . . .
United Cop. . . .
Trinity
Parrot
Nlpplsslng ...
Wolverine ...
IVlctorla
MONEY AND EXCHANGE
OF ENTIRE WORLD
London. March 14. Consols, 87; sil
ver, 25 d; bank rate, I per cent.
New Tork, March 14. Sterling ex
change, long.. 4.84; snort, i.st; surer
bullion. 66 c.
San Francisco, Msrch 14 Sterling
exchange. 60 days, 4.83: sterling ex
change, sight 4.85: sterling exchange,
documentary, 4.81: transfers, tele
graphic, 9 premium; sight, par.
Jacoma Vheat Market" .
fr..- "Waafc .UTarnti . 11 WhMt
export; Club. Ucibius stem, tic; red.
O X V 0
D 9 7 ? I
I : 1 !l,
USi 6. Ti 6V 7J
119H 120 119 11
19 20 19 20
44V4 45 Vi 44V4 44
8ft V4 89 88 hi 18
337 34 83 14
9U 98 H 9 91
72 74 V 72 74
82V4 83 Vi 82 82V4
145 146 145 145
14 15 14 14
97 98 98
35 37 36 87
118 118 117 118V4,
1041106 104106Vi
14 14 13 14
74 75 74 74
118 1119 118 118
1241126 124 12674
68 I 69 68 68
101 ifid Ik
!128il28il27MfK
! 3G I 37 36 S7
123 121
29 29 29 29
104-S 104
11 11 11 11
16 16
27 27
18 18
70 70
63 4
33 88
18 18
25 24
3S 88
93! 931 BS 83 H
1 1 19
I
8
2
8'
B
10
R4Vi
61
11
8ni
icy weather
puijimm
Green Bijgs Reported Again
in Oklahoma Western
Markets Highest. .
CHICAOO WHEAT MARKET.
Open.
..16
Close.
IH
12
Mar 13.
16
19
(Iain.
1'
2 V
May
July
(Uoltad Press Laaaed Wlra.)
Chicago, March 14- There waa un
certainty in the minds of the local
wheat traders for a fsw seconds at thu
start as to what was due to the news
by cable and domestic telegrama at
hand before the opening. May wheat,
which closed yeeterday at 16c, waa of
fered In different parts of the pit at the
aame moment at from llfeo down to
14 He, but there were large buying or
ders that could not all be filled until
the price was up to lie That waa ac
complished in a very few minutes. It
looked ms If there might be some post-
Fonement of tbe spring work on thrs
arms, should the II below sero temper
ature at Winnipeg extend farther south.
There were some reports of green bugs
In the Oklahoma wheat fields, and do
mestic receipts still were enough to
create fear of Increasing scarcity and a
larger demand for the grain In the vis
ible supply. Liverpool waa from & to
Vd higher for futures; Antwerp was
unchanged for Argentine, and higher
for American red winter.
Strenrth of tha market increased as
the session progressed, and aa the cloee
approached the scramble for the offer-
Inn became lntenae. May wneat eoia
aa high as 98 Sc. and that waa practi
cally lta value at ths end of the aeaslon.
Outside marKets wero snowing equal
atrength, and in all western centers
relatively higher prices were ruling
than at Chicago.
Active trade In corn and a strong tone
to the trading waa a feature of the
early business done In that commodity.
Liverpool waa quoted higher for futures.
There wss a good demand for offerlnga
In the sampls market, with sales at
from Si to lc over Friday's prices.
Business In the osts pit was larger
In volume and trading active on an
advancing market Sample markets of
ferings were well taken, and prices real
ised were Vic better than could be ob
tained yesterday.
While the amount of bualness done
was not large In the hog products, the
tone was strong and prices had a aharp
advance. Cash sales:
Wheat Winter, No. I red. II Si 9lic;
No 3 red. 94Sfr98ic; No. 2 hard, o
4f $1.05; No. 3 hard. I4Hc103; No. 3
gpring. 98V4c$1.09.
Corn No. 3, sIHiJSIIc; No. I yellow,
4ff65c; No. 4. 6S"Ac.
Oats No. 3 white, t)2dB4c;
white. 60063c; standard, 64V4o
Range of prices:
WHEAT.
No. 4
Open. High.
.89 92V4
Low. Close.
94H V4
81 I2V4
Kg
61 IIH
44 46
1210 1210
1247 12C7
May
July
May
July
May
July
CORN.
5V4
.62V4
6V4
t2
OATS. .
..53 63
..45 45
MESS PORK.
..1210 1216
..1247 1272
May
July
WEEKLY STATEMENT
OF NEW YORK BANKS
New Tork. March 14 Bank state
ment: Members' dally average cash reserve,
27.11 per cent
Increase.
$ 621.100
.... 774,800
..... 1,620,700
..... 792,800
253,600
1,871,200
758.100
reserve, 27.82
Increase.
11,067,700
67,950
..... 266.700
. ... 669,800
..... 1.564,500
4,686,400
618,800
$1,258,400
401.000
..... 211,600
Reserve . ,
do, less
U. S.
Loans
-Specie
gals
Deposits .
Clrculstlon
Members'
per cent.
actual cash
Reserve
do, less V. B.
Loans
Specie
Legale
Deposits
Circulation) . . . .
Nonmembers:
Loans
Bpeoie
Legals
si X"q c rcifl ii o.
Total deposits elemlnatlng other
banks and trust companlea. Increase
18,477,100; aggregate reserve on deposit
decreased 11,320.700; per centage of
legal reserve 26.60 per cent.
SPOKANE MIXING EXCHANGE.
Bid and Ask Frlces Current on the
Shares of Coenr d'Alene District.
(Furnished by Downtng-Hopklns Co.,
M.m)r Rnolrana Minlner Exchange.)
SDokane. Wash.. March 14. Official
prices: .
Bid. Asked.
. 10 17
. 3 4
.5
. 16 30
. 4
. 4 7
.4 6
. 19 19
. 66 72
.3 4
. 2 2
. 1 2
. 1 2
. 20 SO
. S 4
.80
.325 400
. 4 . i 5
. 6 8
. 1 1
. 6 f
. 75 81
. 14 20
.6 8
2 ,
,3 4
.3 3
, 1 2
, 1 2
6l7 7
4 4
1 2
26 27
2 2
12 21
2 3
1" 11
160 170
1 1
A lax
Alame'da
Alhambra
Alberta Coal & Coke
American Commander
Bell r-r
Bullion 4
Charles Dickens . .
Can. Cons. Smelter
Copper King
Dominion Copper
Evolution
lTrhn
Oalbralih Coal 20
Gertie
Oranby Smelter
Hecla
Happy Day
Humming Bird
Hypotheek'. ... ...
Idaho Olant
International C. & C
Kendall
Missoula Copper . . .
Mineral Farm
Moonlight . . ,
Nabob . .
Nine-Mile
O. K. Cons
Oom Paul
Panhandle Smelter .
Park Copper
Rambler-C&rlboo . . .
Reindeer
Rex (16 to 1)
Sonora
Snowahoe . ,
Snowstorm
Rtilllvan '
flnlltvan Ttonris 67V4
Stewart J2J
Tamarack & Ches. 90 120
Wonder ....
Today's sales: 1,000 North Franklin
at 6c; 2,000 Panhandle at 4c; 1,000
Panhandle at 4c.
Uetallae and Idaho Stocks.
See us for Information . en Coeur
d'Alene and other active stocks. Orders
executed promptly. The L. T. - Keady
Investment Co.. s7-js t; n amber
of
Commerce. Phone Main 1268.
A-2651.
Liverpool Wheat Market, r'rr
T.tvarnool. March 14. May wheat
cloeed at 6s lid. a net gain of d from
yesterday. t
Chicago Cash Barleys v
Chicago." Marcfc Xi. Cash barley t T
HOG IS HEED
OF
More Must Be Raised to
3Iake This a Successful
Packing Center. ,
" "
PORTLAND LIVESTOCK RUN. J
Hogs. Cattle. Sheep.'
rssi wees J77 eso tie
1907 271
Ill
100'
'.906 480
19U5 602
214
106
By Hymsn H. Cohen. . ' .
Portland Union Stockyards, Msrch II. '
The Pacific northwest Is suffering t
from a lack of hog supplies and It Is
high time for the producers to get In and' '
increase their holdlnga Hog are about
me oniy tning ims territory neeaa te
complete Portland as an ideal nacklns -
center and thla one thing will be esslly',
remedied ror hogs are money makers
to the growers sven when prices ars
not so hlnh ss at present.
says big "Bill" Daughtrey. president of
tee yards. we must have more bogs
In this section before it will amount to
much In a pecking way. My Idea la
that It Is not the big landholders who
raiae hogs It's the man who haa a few
acres and his hogs are his most profit
able crop. In the middle west where
the isrms are rather small in compari
son with ours every one ralsea hogs
and every one has made money on theos
in recent years.
Boa of Week Zs Disappointing.
The run of hogs In the local yards ,
during the entire week was very d!sp-
pointing to Killers and prices were
firmer than usual. It is getting to the
tim of ths year when hogs usually a-
vance In price and holders seem to ba ,
holding back for this reason. The total
run during the week reached but 171.
compared with 271 a year ago. 480 two
years ago and 603 three years ago ror '
thla same prrlod. '
Sheep -narket was very firm during
the six days with the run fractionally
better, but still very small. In all.
916 head came In. compared with BOO .
a year ago, none two years ago and
154 neaa tnree years ago.
Cattle Boa of Poor Quality.
There Is little doubt In the minds of
the livestock trade that a better qual
ity of cuttle than now arriving would
command a sharp premium In value over
the ruling quotations of today. Even
as it stands the market is firm for poor .
quality and top values were generally
secured during the week. According
to buyers but little finished stuff Is
expectod In tho market in the near fu7
ture because cattlemen are too busy.
Some fine stuff msy possibly come from
Montsna points during that period but
local finished stock will not arrive un
til the grass is in shape.
A year ago for the past week there
was an advance of 25c each in hogs and
cattle because of the great firmness ot
these lines. Sheep were firm at ua-.
changed values. )
Official yard values: ?
Hogs Best stuff. 15.60 5 60; stock-'
ers and China fats, ( ); block, 11.00 V
6.25.
Cattle Best eastern Oregon steers,
4.364.60; medium. 4.00f4.26; best
cows .and heifers, ll.60O3.7S; medium
cows, 13.003.35; bulls. 12. 35-83.00.
Sheep Best wethers, 15.76(01.00:
lambs. 16.26816.50; ewes, $5.00ol.6Q; ,
mixed, 15.00(3 5.60. '
NEED NOT DIP SHEEP. -
Board of Commissioners Says It Is
Unnecessary for Coming Year.
Pendleton, Dr., March 14. At a meet-'
lng, of the board of sheep commission
ers yesterday a proclamation waa la
sued declaring that the annual dipping
for the spring of 1908 Is unnecessary
and need not be observed. It la urged,
however, that so far as possible sheep
be dipped as a preventive of possible
scab infection and for ticks.
According to the reports made by
State Sheep Inspector Lytle and Dr. .
8. W. Mcciure, head of the bureau of
animal Industry In the northwest, tha .
state la practically fre from scab. A '
few cases are reported In the Willam
ette valley, but these are being attend
ed to. In Umatilla .county, where two.
years ago there -were 60,000 head of
scabby sheep, there Is not a single case .
today.
HOGS ARE IS GOOD SHAPE. v
1 1
Market Steady to Strong in the East
Other Lines Are Steady.
Chicago, March 14. Hogs, 17,000: cat
tle, 300; sheep. 3.000. Hogs are steady
and strong. Left over yesterday, 4,700,
Mixed. 4.404.72; heavy. 4.664.7I:
rough and heavy. I4.404J4.60; light
4.404.65. t'
Cattle Steady.
Sheep Steady.
Kansas City, March 14. Hogs, 8,000:
cattle. 300; sheep, none.
Omaba, March 14 Hogs. 11.700; cat ,
tie, 100; sheep. 1,600.
Cargoes Lower Again.
London, March 14. Cargoes quiet
but steadv. California prompt ship
ment 3d lower at 36s 3d. Walla Walla
prompt shipment 3d lower at lis.
English country markets quiet
ANCIENT RINGS.
Sacred Beetle Figured Prominently
Busts of Isis or the Pharaohs.
From tha Quiver. ' -Among
the rings found In ancient
Egyptian tombs are many which eru
dite archaeologists ascribe to a period. .!
slightly anterior to the Deluge. ,
This, however, is debatable ground
the deceptive morass of conjeoture :
rather than the solid earth of fact. ; But
we feel the latter beneath our feet :
when viewing the massive gold Egypti
an signet rings with revolving cylln- .
drlcal bezels or indigo colored porcelain
or the deep blue porcelain rings bearing
a bust of Isls or of one of the Phar
aohs in fuU relief. The former repra
sent the primitive' seals In use when
the Israelites were bondmen and before
the pyramids were built; ths latter wars
the common adornments of the proto
types of tha-modern fellaheen whun
Solomon waa la his glory.
In neither case la the workmanship
meritorious, the "'prentice hand" being
plainly visible; skill In design and exe
cution was acquired later, and among
the Etruscans attained a degree of ex
cellence never sine equalled.,,' Such of
their work as remains is a silent yet
eloquent testimony to their marvellous
skill, but the secret that enabled then
tos manipulate gold "fine drawn as hair" ;
Is one of the lost arts of the ancients.
' In the Etruscan as la the Egyptian
rings the device f the soarabaaus or
sacred beetle figures prominently, for
to both these remarkable races this curi
ous Insect was an bJeot of profound
veneration and as sacred snd symbol i
in their eyes aa tbe cross Is to ti.e
Christian.;-, y:. -;-': . ;: -
"Adeartn Of eandidates for members
of tha state legislature is report., ! la
Texas. The voters have decline j i
rals tha pay of the leglalators H
with the free passes ut off the i r
does not promise very much financial,,
especially to those members living t
great distance from tbe eapii;
who may have to take frf-out f
home to lock after ttmlr !
sta
PORTLAND