The Oregon daily journal. (Portland, Or.) 1902-1972, March 22, 1908, Image 27

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The Oregon daily journal., March 22, 1908, Page 27, Image 27

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Newspaper Page Text11 : Oregon' Eggs'' Are Just, as ; Good 1 as . Any Despite the Bear (Tactics of the Trade. W THE MMMCIRL WORLD ... f V Oregon Onions Hit Xew High Mark While Japanese Are Unsold in This Market Latest Market Reviews IVI lAe Trade .4 I- '" THE OREGON SUNDAY JOURNAL : PORTLAND. -SUNDAY . MORNING, MARCH ; 22, 1903. POULTRY GETS PAST WINTER MOST r -PAVOKABLE IJf YEARS HIT, Prices Boosted Too High and Surplus Arrivals Will Jfeet Low. Prices.. (Sp.clal Dispatch 'le The Journal) u Heppner, Or., " March Jl.--Tbs 4 past winter has been one of the , tnoat favorable Jn the hlatory of ) the itock Industry In Morrow e county, and the result ta that lock are In better condition than ever before. There has hardly been a day that slock could not . get all they wanted to eat on the open range. Many big haystacks WlU be left over as a conse- quence of the open winter, espe-- e) daily In the districts where sheep and cattle were- kept for e) the winter. It la estimated that 4) By Kyman II. Cohen. 1 There la a limit to all prlcea and It seems that durlnir the peat few weeks A : the value on poultry haa struck top iss than 6 per cent of the usual Pf verai iimes. m There has been a aiepositipn inrai tho handlers of pooltry to force the price too high on the slightest occa slon. X temporary shortage wduld be the occasion for an advance of So a KNOCKERS' CLUB IS HARD AT :r WORK ON LOCAL EGG MARKET amount of hay has been fed to sheep In eastern Oregon. The cost of wintering stock has been reduced almost a' half, and hun dreds of tons of bay have been saved for next winter's feeding. pound In some lines this being greater than the movement In markets where the prlcea are dictated ty trusts. Buvond a. certain value -and ISO haa txtnoma known of late aa that value- there la a noticeaoie aecreaaa in in. clears bacas oecause oi tne oeuer tons amount of poultry consumed. The pub- n hoga. Ho cannot afford to buy chickens when Dressed meats were slightly duller they are forced to pay ana xoc "ithla week owing to larger supplies on pound for them at retail. They cut Kront atreeta. chickens off the bill of fare for the I First strawberries of the aeaaon eame time belna-. so of course when receipts in i huradnv from-California. Bold at beoome lirgar again there la no demand I 400 a Impound box. More frequent ahip for the surplus and prices Invariably I ments expected. Lower prlcea, too. suffer. I Asparagus auppllea are now much The boosting of valuea nere ny 000 or 1 mor, liberal and the market dropped as I. rer-alvere haa not neen or oenem iviina 12U rinrlna- the week. shippers In fact boosting has always I Nominal business Is reported In the resulted In price losses later. A ship-1 ora, nop market, even at the low prices per noes not regain in umra ui now In effect. valuna whafr he loaes when the market cheese market in showing a alight im breaks aa a reault of too much boosting. pr0Vement in buying but prlcea are un Luring the paat week there was quite cnane-ed ariod riamand for rOUltrV. though at I u--n, -l.-of aalla al tha fnllnwlna- timea the maraet sagged una pnix. prices. Prices paid shippers are leas an inatance or two were shaded on thia rwilar commission: rata, Tloxu ana Fee. acoouM Tho market haa already touched the high point ror poultry ana fraction Receipts were heavy but the IL.VVH eastern uregon patents, orthern demand was a help toward 64.80; atralghta. .h' "Pr.U fS.70; leaning up. California ruled higher valley, 14.48; graham, s. $4.60; or eggs and this stopped the shipments whole wheat, 14., 6; rye. 6 us. 16.60, LITTLE WHKAT BUSINESS, extent here. Exporters are In a quan- alive, 14 16c per lb: dressed, 1 darv about new business, and very lit- U: squabs. 12.60 dosen; pigeons, tie business for future account Is bclnR dozen; dressed poultry, llc , transacted. Besides the large shlp mit. from the South American coun try, which went, so far to augment the amount on ocean, passage, the reports on European crops are coming much more favorable. The market during the advance of the previous two weeks has been a peculiar one. It has at times netett aa tf mnnlnulators were at work, but If so the interests at work kept their Identity well concealed. A feature nt tha market that has Kulned consld erable prominence Is the apprehension rsrrilnr annnllea of wheat. Tho be lief Is very strong that this country will be pinched ror wneat Deiore narvesu Tha nrlr feetor la the most Important at present, and would greatly depend upon receipts. Should American mar kets quiet down. It Is most likely that those of Europe would bo very active. After a 10-cent advance, and a very rapid one, there should be at least a short period of adjustment. There Is some demand for. our wheat from the orient, especially from Hong Kong, at present. Japan is buying some wneni as the native wheat has all been used, and It Is better to buy wheat from this country than have flour made here go Into that country, ana allow the mills to sell their own maKe or iiour. Cali fornia buyers are placing orders for wheat more freely, and the outlook is very favorable lor a good traue wun that state until new wheat is harvested there." There was nothing of Interest in the flour market this ween; prices nere re maining unchanged, both for local and export orands. . The decline of 15c on ApfttentS on i'uget sovmo put me maricei I there on a par wun runmnu. iin- stuffs remain almost too scarce 10 quote. There Is a steady tone In hay with smaller offerings because of t,he press of farm worx. BETTER TONE IS RULING. ill iii..i mn Tnwar on ita own accord. GRAIN BAGS Calcutta, fo: larg Thnu wi.n iava been forced to Day un-I lots: amsll lots, ft leasonahle prices for poultry are now WHEAT Track prices Club. 110 brtnrlna- In sunolles from California be- lie; red Russian, 80081c; bluestem. tl cause tho margin of profit on local 4c; valley. 81 Otic hirtia t.,o amall. Astern poultry has COPN Wnole. $2; crafked, IJJ ton. been ronmmed where local stock would BARLE7 New Feed. IH per ton; hate been tsken were not the latter too rolled iz on; Drewing. fit. .i.knri. I RxB per cwt .. . ... . ..-1 I IWiU Mas, Prrwiiiara1 ntra M v.wua ruiA.i wun a weaiier itina uuiuik r-" - " - ... th. ,..! wa,k hul nrlrea Buffered only J wnue .i ir urai lWii.tv. ... -r-- . . . I rf Mill L 4 . a faction KerelDt were heavy Dut me i . r.un- e-wvcin vwu north cl 1 iui. A i..tlin m rA Q I nivArl I DAteft. IS. rrnm 1 ri r in 1 11 in 11 cum' 1 1 " 1 - - . . o; .;.. fiiiJ a market in the MllU h 1 y r wominai-i ran. 128 nnrti M' ton; miaannga, isv.bovtil; ahorts. ... inmiMtav ivn Mi' rur i -- v 1 m 1 a HAY reducers' price Timothy, Wllismene rsney. rnncjr u; ordln- err. ll..0li; eaatern uregon. 11(0 Market I. Quiet Though Steady Lo- ir.inT'ni'chearr-" .Yfalfa.1 cally Flour xraue maximm. i-.ou w wrv Millet in the local Batter. Err and ponltrr. market during the past week. A Tew BUTTER FAT F. o- . Portland tranauntiona were reported but toe mar- sweet cream. 2Vtc: eour 2144a, Vo vanhrallv remained dull. I KUTTKH Extra fancy trash craam- Editor Lee Feterson of the Com- ery, 30c; fancy 27V4tf30c; choice, 2714c; merclal ltevicw wruea in hub bhuiu 1 ii'jrc, xuo m puunu. - the altuation: I EGOS Extra fancy, eandled. 1516c t'omnaratlvelv little business Is be-I CHEESE Full cream, flats. 6V4cper Ing dono with European maricets. 1 ne id,; xoung Americas, nc per id.; call flood of wheat shipped from Argentine fornla. Young Americas. 18c; flats. 14 iii.i vnrnnnn l m nnrtt-rs to about thett I 014HC lb. limit Thla wheat now arriving on to i-ulluu Mixed cnicicens. 11c id; -i. .n4 larva r.uiuta looked for I fancy hens. 14Wc lb: roosters, old. .v.. , hn rnna,l n areneral 12c: fryers. J4.504r.U() dozen: broilers. weaknessln all markets, and to a great $4 .0001.00; geese, old. 89c lb: turkeys, 81.25 per lb higher. Bops. Wool and XUaea. HOPS 1807 crop, first prime, 414 5e prime. 4c: medium to prime, 4c; me' dlum. Stoic lb; 1908 crop, . l2c lb contract. IOCS. C . WOOL l0t Willamette Valley, 15 V 1 70. MOHAIR 1S08 Nominal. 2bc HIDES Dry hides. i2t me Id; reen. 4 06n; calves, green. SOTct ktpa, Ac lb; bulls, green salt. 2'6J3V4o lb. 8ICEEPSKINS Shearing, 1520o ee.cn; enort wool, sdcqik; medrjm. wood, BOcvil each; long wool, ibcQ l. 26 eacn. TALLOW Prime, per IK. 3c 04a; No. I and grease. CHITTIM 1ARK SSHc. fruits and Tegetablsa. POTATOES Belect, 60076c sell Incr. K ...., ,t TTMIIh,. .... w.lnv , ( fft'. A f easiern Multnomah and Clackamas. 46 0 60o per cwt; sweets. SV4 04c; seed stock r. o. o. roruand. American vvonaers. i: t'-arly Hose, 81. ONIONS Jobbing price, J3.B03.7R buying, spot, 82.75; Japanese, $2.(0 Karllc. 7c lb. APPLES Select, $2.75; fancy, $2.00 it 1.2b; choice, $1. 7 64j 2.00; ordinary, tl.26rnll.35. FRESH FRUITS Oranges. $2.00 9 r r. - Kuna nAM IK' ..ralul f. IX O ' limAna I'Kmll knv ... r.Afrn 1 1 K 9 fill fffi 3. so; pineapples, H& doz; pears, tancy, 91.oukci.id; Tangerines, ti.to a uvjl VEGETABLES Turnips, new, 60(9 Am f A. r.aa esnb Kskaa t SI WVV, BOvVaV t V8lVbs UVU BaAl vwirBBf C676o Dr Back: naraniua. o&ctl;cb- ane. n.hui.Ku: lomatofi. Mexicua. 2(3)2.26: beans. 15c; cauliflower. Cal- lrornia, wI.tbmz.uo per craie; pe, 1 a knreo.lldk H l fii IK- Q rf 1- x v uvt aui autsii. 7Tt m- - chokes, 76cfcf$1.00 dozen; green onions, 40o dozen; peppers. bell, 25c: Chile. 16o lb: hothouse lettuce. Il.26fl91.S0 box: head let tuce, S5e dozen; cucumbers, hothouse. $3 dozen: radishes. 6o doz. Duncnes os-rnliint 9ft lh ralerv. 14.60 Si 4. . 6 crate; cranberries, eastern, $ao)iu&u, sprouts; 89o lb; asparagus, lift'W lie lb; spinach, aociy i.uo dox Orooerles, Mats. Ete. HtlrtAR tBllfornla and Hawaiian Cube. S6: powdered. $5.86: berry, $5.66; dry granulated, $5.66; XXX gran ulated, $6.40; conf. A., $&.t6; extra t.. $5.16; golden O., $6.06; D. yellow, . . nf , ...... ..-...I.. ....1 E A K h. I1.BB, UCQi K I CL1J UllilOU, fll.ltf, rela. 16c: half barrels. 80c; boxes, &6o advance on sack ousis (Above prices are SO days net casn quotations.) uine.k s.su per crate. COFKEE Package crands. $15 880 l.6t. SALT Coarse Half around. 100s, I1S.6U per ton; 60s. $14 05; table, dairy 60s. $19.00: 100s, $18.76; bales. $2.60; Imported Liverpool, 60s, $2u.0s: 100a, 119.00: 4s. 18.00; extra fine varrels, 2a Ss and 10s, $4.60(06.60; Liverpool lump tock, $20.60 per to; 60-lb rock, iis.su; 100s. $13.00. . . (Above prices apply to sales or iesa than car lots. Car iota at special prlcea subject to fluctuations.) RICE Imperial Japan, No. 1, c; No. 1. iV4c; New Orleans, head, lo; Ajaxi 6c: Creole, 6 C . BEANS Small white, $4.26; large WllJtW. fl.lV, BJUJm, fS.AV. WMJVM. T - -1 Llmas, $6.60; Mexican reds. 4)4- NUTS Peanuts, Jumbo, 'c per lb; Vlreinia. 6o per lb: roasted. o per lb; Japanese, J4 0c; rousted. 8o per lp; wamuts, tauiorma, itf 'wr i, pine nuts, 15o per lb; hiCKory nuts. luo per 10; Drazil nuts, mo per id; ii berts. 16o per lb; fancy pecans. l620c per lb: almonds. 10.. S By Hyroan II Cohen. Just why local commission men will constantly dlscry the produota of thla state,' there aeeras no good reason. How ever, that Is the tack they have lately taken on numerous occasions and this has caused much talk among; producers. The "knocking" Is not confined to any one particular line but several line are hit at once and there has been scarcely a hint aa to the reason thereof. The latest market to feel the ham mer of the knockers' club la eggs. This une nas received tne undivided attention of the membership of the club for the past 10 days. Every chance egg storers have had the past week they nave hit the quality of the Oregon egg. Every uccaaion naa wuneaaed some new ngni on quality. All this has been done for iust one reason the trade wants to nock the price lower so they will be anie to aecure egga at a fraction of their value and thus allow them to store the product -without taking any chances of losing money. These storers are willing to accept several hundred per cent profit on their Investment but are not willing to take any chancea. If eggs went to 60o a dosen the coming winter for storage stock. It Is nbt likely that the howlers would refuse to take their profits. At 16o and 10 the present market for eggs there Is In lght for storage operators a good margin when stocks are sold In the fsll and winter. In order to get the price lowei1, however, they say that the Oregon egg la not as Jood as the eastern stock but this Is enled by experts who say there la not! tbe slightest difference between the two when It oomrs to fresh stock. While practically every dealer Is howling for Oregon producers to raise more eggs they Invariably "knock" the product when auppllea are plentiful Two or three local houses have faith In tha quality of the local product and have already started storage operations. They say eggs are low enough for this purpbse but the majority of the dealers say otherwise and are holding off stor age operations until the market should f o to a lower point Thry seem willing o pay lie and 16c a dosen for eggs 1,1 the east because their howlings would have no. effect upon making eastern egg prices. '.There Is one line, however, that the commission trade agrees upon they all say that Oregon cabbage beats the en tiro coast for keeping qualities and gen eral appear noe. However, they are dis posed to send to California for supplies the minute Oregon producers stand back for a Drofltable market. There la still plenty of fanoy oabbage remaining In union bat some Kront street merch ants have Of late been bringing In all their auDblleJ from California. The Cali fornia nroduot Is not only not as fancy aa that from thla state but pound for pound It costs more money then does me more exoeueni. prouuvi ui uroiun. The repeated efforts of a Front street house to knock the props from linear tha Oeon onion by brlnslna in outalde and forelarn aturr wnenever po alhla hava mat wltb the condemnation Of every onion grower in the atata. The Japanese onions were not omr immur In tha Onion aualltv but they were of amall slse and Old not compare wun ours In any particular. FORCE SHORTS I0 STOCKS Covering Causes Another Advance Copper Trust on Kampagc Again. HOGS 75 CENTS TOOJOW HERE Killers raying That Much Jloro to Bring Supplies From Nebraska. I'JHFAT PRflPQ : IIIILHI UHUI U V : OF THEWORLD Conditions Everywhere Aro Somewhat Better Than . STOCK MARKET GAINS. Sugar ...,t Peoples Gas.... V Atchison B. O V4 U A N 1 H. P , J4 U. P. N. T. Central 4 Anaconda STOCK MARKET LOSSES. Amalgamated . ttlColo. Fuul Mlsaouri l'nc. Rock Island... ft.E.1 UAlB. Brooklyn U. 8. Steel 4 do Pfd 42 Canadian VI Pennaylvanla ... 8L Paul 4i Smelter 1H N. P Locomotive . . . PORTLAND LIVESTOCK KI N. Erie O. N. pfd Reading 4k PRODUCERS WILL NOT LEASE LANDS TO JAPANESE FARMERS "The Journal's stand upon tba Japan ese onion question la Indorsed by the Oregon onion growers and they feel highly pleased at the way the paper haa presented the facts la this regard." Statement of A. J. lanno, president Oan- federated Onion Growers' association to The JdWnal. Japanese are endeavoring to secure tha food supplies of Oregon by leasing for a long period the most produce lands n the state. 1'or some time the little brown men have been endeavoring to get options on the best onion and cabbage lands on the west side hut thus far nave met with practically no success. Producers and land owners or tne west side ere adverse to allowing the Japanese to gain a foothold . here because they say that would ruin the trade. Everv effort financial and otherwise linn been made to get the lands but In this regard the growers of onions and caonage are a unit in reruaing. Prunes Show Heavier Deninnd Al though Prices Not Advanced. The dried fruit market is showing some signs of recovery. Demand for prunes is heavier and although prices have recently suffered on raisins and in a few other lines: the Increasing con sumption Is a help to the trade. The San Francisco Commercial News says of the market "That tha dried fruit market has touched bottom and in the natural or der of affairs a gradual reaction for tho better can be looked for before, the current month ends. That prices sank to a much lower level then the most ag gressive pessimist thought possible goes without saying, yet there were In fluences bearing on the markets at home and abroad whioli made it impossible for the most ardent bulls to sustain firlces. There can be no question that ho pure food agitation and the asser tion that too much sulphur had been used In processing dried fruit for mar ket has had an unfavorable- influence with many housewives. Then came the monetary ' stringency, which caused a large percentage of contract buyers to either cancel their contract purchases or else scale them down. With this fruit thrown back on packers, with money hard to get, and in a majority of j raxes Impossible to. secure on ware housed fruits, many packers or sellers had to seek cash buyers at the best prices obtainable. Under the competi tive selling which this naturally brought about prices were constantly cut until abnormally low prices, particularly for prunes and raisins, have been touched, and this, too, in the face of the statis tical nositlon of prunes beins: of the I Strongest pimmuic iiiaiauici 1 iff ina llVfrult and pointing with unerring cer rtalnty to better, prices before, the season j closes." I i FRONT STREET REVIEWS. Brief Mention of Many Lines of Trade. In the Produce District. f ;Close of the salmon season has found k the fresh fish markets quite fairly sup-'- plied. Smelt run was small this week' nd price advanced to 6c. ' . Movement of potatoes to the south and southwest Is increasing because of the low prices. - V Hams show an advance of and the -came rise is noted In short clears And lb; is, 11 Ho per lb; compound, 10a, KUo ier lb. FISH Rock ood, 11 Ho lb; floundera, c per lb; halibut, B6oper lb; atrlped baaa. Iso per lb; catfiah, llo per lb; sal mon, cninoon. 12c id; sieeineaa, its rer 10; . zroaen, so; nernnga, o lb; eolea, lo lb; shrlmpa, lee per lb: perch, to per lb; tomood, llo per lb; louslers, z&e Per id.: iresn macaerei. so per lb: crawfish, Seo per doaeni stur geon, lihio per lb; black bass. 10s per lb; silver-smeit, po per id; uoiumDia smelC Sc; black cod. 7o lb; crabs. II. 0001. bu dosen; snaa, luc. OT8TER8 Shoalwatsr bar, per gal lon.. 12.60; per luu-lb eacK. se.uu; oiynr pla, per gallon, 12.40; per 100-lb sack. M.OOtJt.Bli; Eagle, canned, 0o can; IT aosen; eaatera u soeu, i- per Hun dred. CLAMS Hardshell, per bog. IJ.40; raaor clams, It. 00 per box: lOo per dos. Paints. Coal OIL Sa. ROPE Pure manlla, ISo; standard, llHc; sisal. fcci L B. sisai. Hc Coal Oils iron BDis. casea wooa unit. .11 It .120 e e ltfco see Water White Pearl Oil .. Head Light Eocene Special W. W..14MO Elaine Extra Star Gasoline , Iron Bbla. V. M. and P. Naptha ...11 fee Red Crown oathollne ...16 Ho Motor Oasoline lVi 86 oer cent uasollne ...so o No. 1 Enarlne Distillate. .10 o RKXs'ZUSK s deg.. cases, zao per ga:, Iron bbl 23e per gal. TURPEN.'iNB in cases. 7Zo per gai: wood bbls, 69 Ho per gaL LINSEED QIlr-Raw. bbls (2e. cases 68c; Donea, 001s ate, cases cvo a gai; lots or sen gallons 10 less. WHITE LEAD Ton lota 7e oer lbi oo-io Jots, sc per id; lees iota, e. WIRE KAILS Present basis at IS.10, BUTTER WAS SCARCE. Cases. l4o 0 0 0 11 J- & V A. J. Fan no, President of the Con federated Onion Growers' Associa tion, Who Indorses The Journal's Remarks About Japanese Onions. By Thomas C. Chotwell. (Heant Kewt by LoegMt Leased Wbe.) New York, March 21. Forced pur chases of stocks by the short Interest caused a further advance In the stock market this morning. Activity was maintained up to the close, although the final prices were somewhat under the Dest or the day. About all the active Issues ehowed net galna. Steel made a new nign record for the year. Union Pacific sold at the higheet price In week. All sugar stocks were strong. Lead made another sharp advance, and smelters touched a new high ilgure. Even though the last prices were called down, there was a firm undertone to the market, and the close gave every indi cation that the advance would continue on Monday. neveral firms in wall atreet pretend to have the president's measage, but ss he had not finished writing It at 12 o'clock today, these forecasts were not terrifying. The message la not ex pected before Thuraday. The bank atatement waa very favorable, but had little Influence, becauae money haa ceased to be any argument In Wall atreet. Trust ateaews Tight. The copper trust has renewed Its old fight agAlcat the metal exchange. It will be remembered that a year ago, when the truat waa attempting to de ceive the public In regard to the price of copper, the metal exchange insisted on giving the true quotations. The trust has had Its lobby at work many monttia trying to get the law of aupply and demand repealed, but finding It self unable to do so. It is stated that unless It can capture control of the metal exchange It may establish an ex change of its own for the purpose of manufacturing quotations. Humors or early organisation of a great copper corporation peraist, but nothing defi nite can be learned regarding the plans. A meeting or traffic managers of tne Harrlman railroads to discuss the out look for this season has led to numer ous reports that a holding company la to oe announced soon. une auinoruy goes so far an to aay e.hat printed an nouncement of the company has been prepared and was to have been Issued on the day of the Illinois Central decision, had Stuyveaant Fish won control of that road. There was little feature today to the stock markets abroad. Paris and Ber lin were firm and dull. In London Past week IfOT 10 106 Hogs. Cattle. 600 115 842 (17 310 M8 41 1 Sheep 0& 150 (7 By Hyman H. Cohen. Portland Union Stockyard. March 2 Although they have thus far pro feaaed all sorts and degreee of friend ship aad hop -for the welfare of the hog producers or tne racmo nortnweai packer have given but little substan ual encouragement. 1 ner nave peraiai antlv violated their hromlaea to drv th local raisers the same price that It would 00 at to bring the hogs out from tne east until aucn a time as tne in dustry here was sufficiently encouraged to go along on ita own aocord. During tbepast week northwest pack ere broue-ht out a number of train load 1 of hogs from the east For the bulk of these they paid & per hundred pounds In the Omaha market. To bring them to the Pacific coaat coat them an ad' dltlonal 11.26 per hundred pounds at least, mating ine total cost 01 Dringini theaa Nebraaka hoa-a to this marke 16.26. For local hogs they would not pay more than 15.60 or fully 76o lees thsn they pay to bring hogs from the east, and tnen taxing innumerable chancea of brlaglng them through In aaiety. Cry Is for Better Cattle. There is a constant cry among killers for a better grade of cattle than Is now Deing received in tne local yard. . very poor claas of atuff la now comln here and for theae It 1a hard to aak any advanced valuea, aay the receivers. EVERYTHING III FAVOR OF BEARS Fine Weather "With Dcnior alized Corn Brings Wheat Market Down Fast. Top steera such aa are now being re ceived are selling In the yards at 14.00 and $4.60, but It Is quite likely that sometnina- select would find buyers a i.( pernaps better. Sheep were very firm during the paat week although the strength Is not quite so pronounced ss It was early In the ik. prices are being held up because of the very small arrivals. Hon acted aueer during tne wees there belnc scarcely anv steady Drlce In any event the killers saw to It that no higher prices were paid than a week a so. desntte an the jusannr. The small run or llveatock in the yards the past week was due to some extent to the railroad blockades. Sheep Shearing Will Soon Start. While some aheeD hava been shorn during the paat two weeks, op erations will not become general unfll after the first of the month. With weather conditions nhowlng greater warmin, tne season win soon be in full blast. All is now ready for operations. Wool buyers are aald to be quietly taking In the situation and some were reported traveling through the Interior during the past 10 days. Neither the sheep men nor the wool buyers are now talking of the situation but the latter are said to believe In nothlna but lower price range while the former are noiaing out ior better terms, leach std is feeling sentiment in the camp of th enemy bo 10 speak. A year ago for the past week nil markets were firm with an upward lonary Official yard values: Hogs Best stuff. 16.60: stockers and cnina rais, s.za; Clock, ?&.Z5, Pal lie nat aaalarn Crtrnn lu.. 14.60; medium, 14.00 4.25; best cows and neirers, 13. &oo3. 7b; medium cows. (United Treat Leased Wire ) CHICAGO WHEAT MARKET. Open. Close. Mch. 20. Loss. July 89 Ti 88 90V4 1 May 95 84 D&H IS Supplies Inadequate to Fill Demand Even at Present Quotations. Creamery butter was scarce this week especially for. the better grades. There was no change m current values and receivers and makers found no difficul ty in disposing of all arrivals at the market. The improved tone in call fornia was a help toward maintaining local values. WEEKLY STATEMENT OF NEW YORK BANKS New York, March 21. Bank state ment: Members dally average cash reserve, 2S.15 per cent. increase. decrease, .. 6,769,275 .. 6,501,060 .. 934,100 .. 7,493,650 .. 1,828,500 Deboslts 10.260,900 Circulation I 161,200 Members actual cash reserve, 88.55 per cent. increase. .Decrease, . .1 8.690.675 . . 8,678,875 Reserve . . Less U. S. Loans Specie Legal 9,455,100 992,900 7,029,300 11.198, 600 248,000 Meats. Tlih and Froviskms. DRh-SHSD MEATS rroni street Hogs, fancy, 7V4c lb; ordinary, 7c; large, 6if'Sc; veal, extra, 844c per lb; ordinary, 8ft 4 9c per lb; heavy, 7u8e per lb; mutton, fancy, lie per lb.; spring 1 it . 13jl6c. HAMS, BACON, KTG Portland psck (local) haras. 10 to 12 lbs., 13c per lb; 14 to 16 bs.. 12V4o per lb; 18 to 20 lbs., 12fto; breakfast bacon, 161422l4o per lb; iicr.los. -ye per lb; cotttia roll. 100 lb; regular short .- clears smoked, 11 He Ser lb; unsmoked," lOftc per lb; clear acks, unsmoked, 10Hc; smoked, llc; Union butts, 10 to Uo lb; unsmoked, 12o per lb; smoked, llo per lb; clear bellies, ennmoked. 12H9 per lb; smoked. llV4o per lb; shoulders. 10c; per lb; pickled tongues, 70o oacb. - LOCAL LARD Kettle leaf. 10s, II Ho per lb; 6s. i9o per lb: 60-lb. tins. 12c per lb; steam rendered, ICs ll Ho per Reserve . . . . jeBS U. S. Loans (Specie Legal tenders .. . Deposits Circulation Non-members Loans 1.391,200 Specie 68,000 legal Total denoslta . . 8.880.600 Total deposits, eliminating oth er hanks and trust companies in New Tork City 1,288,600 Aggregate reserve on deposit. increase 6,765,800 Percentage of legal reserve, 27.10 per cent. 197,400 Ban Francisco Grain Market. San Francisco, March 21. Official prices: WHEAT. ' Open. Close, May ,. , a. $1.(0 . BARLEY. May 139 1.87H December 1.14 1.14H Liverpool Wheat Market, ." lifverpool, March SI May wheJtt closed at 7s Vdd. a net loss of Hd from Krldaya dose, , , ' t . M Chicago. March 21. The wheal mar ket opened weak in obedience to the promptings connected with fine weath er, weak cables, and liberal northwest ern receipts. Demoralized condition of me corn market added to the bearish feeling, so that there was long wheat iorfssie in iiDerai quantities and plen tiful offerings from short sellers; Liv erpool reported futures from ,4d to 14a lower. Antwerp was c lower ror American wheat, Berlin down o and Buda Pest from lHc to lc lower. Nothing occurred during the day to turn attention from the bearish features of the early news. Total of the day's receipts in the west was 10, 000 bushels larger than that on the corresponding day. May sold as low as 83 He but had reacted again to 94c at the close. There were no buyers for May corn at the opening within from e to H4o of the price it closed Friday, and pres sure of the large quantities for sale made It easy for the buyers. The cause of the decline was wholly con nected with the speculative conditions in the pit. May closed at 6666Hc. Mc lower than it did the dav hefora The decline in July was c. Sample market was very weak and fluctuated He to lHc lower. Estimates of Mon day's receipts was 206 cars. Weakness prevailed at the opening In the oats pit. The situation has not changed in any material respect. The market continued to hold remarkably steady considering what was doing in the other grains. At the close May was HKc lower. July down Un anil September 1Adfc. Trade in provisions was of moderate volume and the feeling in the market nrm. owing to an advance from 6c to lOo in hogs, and some decrease In the movement of the latter. Cash 8ale-Wheat Winter. No 2 red. 95H98c; No. 3 red, 94H974c No. 2 hard, 9SHc $1.08 ; No. 3 hard 9,SHcg)11.01; No. 8 spring. 7ci!1.08. Americans made good early gains, but tendency to sheep and cattle. Hogs were with later irregularity. Russian bonds istai and Kio Tlntos were also Higher, ine weekly reviews of business conditions by the mercantile agencies were con servatively optimistic. Distribution of Roods la in large&'Vcilume and demand la tpiiilllv I mnniull tr although hnth are wll holow a vonr aim. Hnntlment Is $3.00 3.25: bulls. 82.8503.00. also more cheerful, and the good cro , miMPTlB'''X . r wethers, $5.75?.O0; is a factor In this. The one unfavorable J lambs, $.26ffl.50; ewes, $5.005.50; feature is the lateness of fall trade. 1 o.uuWo.eu. Rank clearings show a decrease for the week of 27.2 from a week aito. Consld- KPTOCAXR MllSTIVn EtrniVOT eni; b Lui vcn wa-n irnowii voi iiiw an nouncement that both the Pennsylvania and the Reading railroads will reduce I Did and Ask Prices That Ruled Dor ably 'onADrtl T ,n tenhm of Saturday. tvirnisnea oy uowmng-tiopklns Co., t-j T.lkA Mnnlnnlaiinn I Jnemoera opokane n,xcnange.) liOOVea lilKe Manipulation. gnokane. Wash . March 1 -InfftMot cutanea rreaa uun nira.i Tnrlcca New York. Marcn hi. i nis week s rih i.t market nas at times ziven ne appear i aibt in ance or somo pretty manipulation, anaiAlhambra the most skillful observers or tne trao- Alberta Coal St Coke lnif nave often naa oirncuuy in maKinsri Am rv.mmnniiap up their minds, in tne main, nowever. Bell . the line of least resistance naa men Rn i nn f . i ii n 1 1 tho aama aa it wan In the nre. nkH.u. mni,.H. vious weeks, in the direction of higher! Can. Cons. Smelter rates man lower prices. I CODDer Kins' The week has. indeed, been more en- nnmininn rVinn.r couraKins lenumuny us iv iiib pivirwi I Evolution or general iraae recovrry iiinu n; ul Echo lis preaecessors. i n-re hub uoen a i Qalbralth Coal important metals. The market's treat- Hecla ment of the New York Central's action, Hsnny bay however, shows pretty well how other Uummtm Bird dividend Increases will be taken when Hypotheek .. they come. Idaho Olant It has been demonstrated this week LUC4iy Calumet' after the expected happens. This Is of the first principles of stock move- Mineral Farm Moonlight .... Nine Mile W 1. 1 1 ... 1 . however, can have failed to note the en- Ktw Conne v " tire reversal of the market s action as Raer1 6arib'o'o .i.. . nno,.inii. m ,.,.! 1 Keinoeer with everything appertaining to bus! ness affairs and railway earnings ap- SfAJ L ' ii parently in a flourishing state, stock anowsho'e 10' exchange quotations were steadily fall- ir ,SV lng. Nliw. with these outside conditions ino,w"m .. ,, ,,,.or,i ,nH In mono BUIlIVan 1 . 10 17 . 6H . 16 31 . 4H .. . 6 8 . 64 . 18H 20 .68 . H i .200 250 . 2 I 1 ihi . 20 27 . H 44 .80 300 450 . 4H 6 , 7 8 1 6H 6 U, 20H 9H $? 4H Hi 44 1 M 2 i 2',; 6V4 6T4 & 6 1H 2!4 25H 27 2H 5 11 15 10 11H 180 200 1U 194 67H 60 1U0 o ioo 154 2 Imported Year Ago. crop cnditlon8 In the entire Pailflo northwest point at this time to the pro ductlon of the largest erop of wheat and' barley ever raised In thla ssctloa of the country. Advices received by The Jour nal during the paat six dayu Indicate that spring work la well on In every suction. Reports from the fall crop aro very enthusiastic, the plant everywhere nwwiua; up jijucn oener limn ivr pr vlous season at this period. ' i A California will produce one of its beat crops in recent years this season becuee of the aood rainfalls there. Tho damage !y flies uarly estimated to be heavy has turned out to be alight and unless something; unforeseen happens that elate will turn out a bumper yield. UroomhaJl glvea the following report of the wheat crops of the varloua coun tries In the latest iaauu of the Liverpool Corn Trade 'ea: . United Kingdom. ' r The weather In the United Kingdom during the paat week haa been name what colder and the rloalng days saw falls of snow In many districts. In soma places quite large quantities fell. Need lei tendency nas iinmiy cnangea, ana. fur- rhnn -,.,, r, r YV.; ? am w. Today's sales 1.000 Copper King at thermora, It is a safe prediction, that as time goes on It will he round In their upward drift have .. !.-.- . 1. . pa, urn nl.a, olrld. Im the same way That their Plow falN discounted the present period of depres- Snowstorm at $1.90, 10.000 Sullivan a that nrlrei bob at 4 He. 1,000 Panhandle at 5c; been Mm M00 Panhandle nt 674c, 2,000 Panhandle ir skies i In at 6c- 2.000 Panhandle at 5c. 1,000 Pan- sion. Range or prices: (Range by Downlng-Hopklns Co.) DESCRIPTION. -No. 3. 61Hfif63c: No. low, oziraiooc; xno. 4, 6 uats iso. a wnite. 4, IO!62Hc; standard Range of prices: WHEAT. 3 vei ohc. oH4S5SHc; No , 6254862Hc. May July May July May July May July Open. High. :8S III CORN. . 94.. . 6 $ 54 63 H OATS. .it 63 H . I94 4694 MESS PORK. . 1340 122 . 1387 1290 Low. Close. 93tt 94 88 'i 88 9 65U 62 464 1240 1277 S 1145 l8f Tacoma Wheat Market. Tacoma. Wash.. March 21 Wheat export, club 82c bluestem 84c, red 80c. As Chicago Cash Barley. Chicago, March 21 Cash barley. s r b eT $ Wj - : I 67 68H 67HI 57 il22H;124 il22H 124 22 23 21 22H 47 47 4694 46 S8U 8894 88 88 .13 34 SSK 84 979i 98 9794 98 73U! 73 81HI 81 H4S 1414 146 I 1 16 16 16 96 9794 96 97 3L.39H 89 39 116 T1794 11 106 106 104 104 ! m as M 1ZH 126 124 125 6994 71 69 7o2 8 8 9794 126 126!126 37 38 S7H 87 1294 1294 12 12 1J 16 122 1214 80 80 80 30 11034 1 103 39VW1 39U ZW 26 63 82 ..... .. . . . . . . . . . i . . I Amal. Copper. . Sugar Colo. F. & I Brooklyn People's Oas... V. 8. Steel, c... If. 8. Steel, p.. Atchison I 73HI 73941 B. & O I 81 HI 81 Can. Pnclrlc. Erie L. & N Miss. Pac. Penn Reading Rock Island . 8. Pacific . . St. Paul Union Pacific Am. Smelter N. Y. Central N. Pacific .. Anaconda . . . Southern Ry. Wabash, pfd. Qt. Northern. Ches. & Ohio Soo. com. . . . Am. Loco . . Rock Island, pfd Norfolk Ontario Cot tori Oil Central Leather. Am. Woolens . . Federal gmelterl. M eta Une and Idaho Stocks. Mammoth. Morning and American Lead stocks are the best buys on the market. Morning-Mammoth concentrat or stock guaranteed 24 per cent divi dends. The L. Y. Keadv Investment company, 337-39 Chamber of Commerce. .Total sales, 469,700 shares..' WHEAT BUYERS ARE NOT OFFERING PRICE (Hearst News by Longest Leaacd Wire.) San Frantisco. March 21. There waa no material change in the local wheat situation today. The Inquiry toward the close of the week showed some Improve ment but buyers wore generally averse 98 H I tn navlna- the askina" cricea. Ioonllv 126 I there has been a scarcity of best mill ing grades, and such have been most wanted. Onlv 30 centals arrived anAa v and the receipts during the week were small. Cargoes on passage had an easier tendency. v.,, Ma v barley opened firmer but fell a fraction December had a higher open- Ina. Kli t r.lnMll tha um a nn. ;J The spot market was quiet and un- changed. The recefpta were quite large, J ' being 7,660 centals. ... During the week oats turned strong and prices were ad- v I hava luan Vflrv alnw anri nAn. .!... toi'ay. The bean market haa siiown u ess to say, sowing; is not making quick progress, but still some reports nien- iiuii at sail yiwiituf ui i i ii ( a11 ' ready put In. There are still complalnte oi tne winter wneat crop, eapomuuy . where late sown last fall, auch fields showing a very meager plant; however, complaints are not general, and on tha whole the crop appeara to be all right. Tranoe. " Crop reports generally are quit fa vorable, although It la confirmed that some reseeding waa necessary In tba north. Today's advices say that tha rainy weather is lasting longer man ? rowers like. The markets have ruled Irmer, growers being reserved wltb offers In the hope of higher prlcea In IIUT. There are still complaints of drouth ' in soma southern districts and In Sicily, but on the whole the crop situation vivo. atlifa.flAn Spain. Recent weather has been colder, but quite favorable for the cereal crops. which were making too rapid growtn., Osnnany. J lie ieiTlLX?rtti.ur i;na uwu umowuai lower, but still mild for the season.- Re- . nort do not aar much about the crona. but It is easy to see tnat tney are gen erally considered in satisfactory condi tion TTurtlin' tmfkA nnrphniM nf A raratw tine wheat are mentioned, and It Is stated that offers of other wheat cannot be got. . -t :. - jrorts, Africa. Some mention of want of rain In Al geria, but generally crop news la still favorable. , Argentina. It Is predicted that the wheat ahlp- muntu l. In auAolr vrllt K. lor.. hlll the remainder of the month and during April and May the quantities will run 4,uoo,ooo to 4,800,000 bushels per weea. xntua. Reports of the crops continue favor-" able, Offers of wheat are still small buyers are willing to pay about equal to tne iiverDooi Tuiuret oui minri' keep prfces about Is per quarter above -' this. Anstralla. Shipments were substantially larger , last week, but there is no change In indications of crop yields or surplus. . aVIsMauaaa .. . -. CroD reports are Improving. Even lit tha antilhavaail avhapa Ki ah JavlntaaB sntVan tiiu III n o,( v uvi v a,aas w mvva vi . was said to be killed three times, people are feeling more hopeful, although therm s little doubt that their hopes are cn- - tered in soring crops rather than In the winter. Reports from other parts of the country have to tell of good or suf ficient snow cover, arid where It haa been possible to make any inspection of the seedlnga, the result has been satis factory. Snow and rains have generally furnished (or will furnish) the Inn it with abundant supplies of moisture, and for the moment growers are regarding; the future with cheerful satisfaction. A ' report today from our Klcolaieff corre- , spondent mentions arrivals. Of wheat II. but stocks are only down about too.- 000 bushels on .the month; at Odessa the report "no wheat arrivals" has be come stereotyped, and yet we have noticed one report giving an Increase t stocks, compared with February 1. i No vorosslsk; is still receiving driblets, bat -the nolnt of interest is the prospective) . arrivals at Rostoff, when river navlga- ' tlon is free", and this may be very soon now, unless there is a return or wieter. Interior reports mention larger supjllee. ' but we expect these consist mainly ot -rye and oats. ; ,.v. .. onmanla. . The weather Is generally fine. but beneficial rains have fallen.- Crop re- -ports are favorable and spring seedlnT has commenced. Navigation on tha Danube has been free since February 18, but business Is still very alow and for export confined to feeding grain, busi ness rn wheat for the resent being mo nopolized by home millers. ; ; ; Bulgaria. , ' '' ' Favored by good weather the, crop r have wintered Well. -; i . Hungary. f Our Temesvar, southern region. Corre spondent writes that the temperature has been lower, but still mild for tho season. The winter has been so abnor mally mild that growers fear severe frost may come In March and t April. " The wheat fields look very-fair, the nevr plant coming on nicely and being fairly thick: very little damage can be seen. ; ' The recent rains have hindered spring- seeding. Wheat stocks In the district are small and firmly held. Tho Buda- pesth market has been rulinr much firmer, nnd today prices have further advanced on a good consumptive de mand, smaii oners ana speculative buy- ing. ' ,v . little more activity on shipping account and prices have beoome steadier. The flour export trade has bean plcki ing up a little, the principal shipments being to Central and South America. Today's receipts of flour were J.286 bar rels, including 800 barrels from the est. In butter, cheese and eggs there hue been mor activity la the ahlpping lln for all three articles but the supply and demand hava been such as not to War rant any but occasional and for the most , part small price changes. Today the only change in eggs was a decline f c per dozen for seconds. On chanjre 10 cases of extras sold at 17o per Uor.-n and 10 cases seconds at 16o. The market closed firm. No. J packing but ter was Ho per pound lower. All grap closed steady. On change 10 caa-s cf extras -sold at 24o per pound, closttm 24 e bid and (00 pounds No. 1 paokiiw stock at 18 Ho. Call and eaatern chef remained Unchanged. Oregon ston advanced e per pound. Potatoes and onions were unchamro i. and tho balance of the market generally remained as preceding day. The dem,..-i for new vegetables was fairly at;iv.-. Over 1,000 bjxes of asparagus arrtva.i. Today was a rather eventful titir i i the fry It and produce section, a u-t bano.uet being held for the pi''-1" ' -way of celebrating the general i. c, i't that part of the cUy. luiri-m forenoon businesa was null oii. T - curlouds f - orsns-ea arrived ii . cnn in lato rrhly utirrn'mn, , i ; :