11
: 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 ; :