The Oregon daily journal. (Portland, Or.) 1902-1972, March 25, 1908, Image 15

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The Oregon daily journal., March 25, 1908, Page 15, Image 15

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Newspaper Page Text' . J t ... THE OREGON . DAILV JO OKNAL, POk i LAND, ' WEDNESDAY EVENING, MARCH 89. ' 1808. 1 . ' . .... 13 - . . ' .the f H- fx mvmsmmmm FLOUR DECLINE i DRMIIG CLOSE Season Tusjif IsEitadr; ; dinary ancl differs En i tirely From Otherj. Front street features: , Great, mlllstuff demand. ; Cheese market U higher. Butter scarcity continues, low prlcea rule In bona, feg-gs are holding steady, Chicken market 7a dull. Banana advanced H today, Asparagus la down again. Xlour decline drawing cloae. New potatoea more plentiful Onlona are very ecarce. nou Dscllns Drawing CHose. . Every day add . to the weakness of prices in the local flour market. As has been previously forecasted in this column, the prospects continue for a de cline or JBO a Darrei on patents oeoauso that la the amount being openly cut off card prloee by most of the email mill era. The flour situation this year has been a most cornDllcated one. reaembllnc 1' f in not a single particular me ruungs fcfvln any previous aeaaon for fully soore V jrvaia. a ht, iiiaiitvi. .imiivu Willi uit- uauai atrength and continued very firm up to October, when the great financial Crisis appeared. This seemed to have knocked the market Into a heap. In anticipation of sharply higher price to rule later, most buyers stocked up quite heavy y just previous to the financial rumpus so their supplies held Out quite well 'for several months. -It was not until December, perhaps, that the mar ket showed the least signs of life, and even theft , there waa but a nominal amount of business doing. While the volume of trade has been gradually In creasing In ' thv local field since that time, trade has,at the best been of small moment, consumers evidently cur tailing their purchases to the last aotch. JTothlag Sola U ttxtaatal Trade. t To make matters wors, there has been practically nothing doing in the export flour market -While aone fair steed nrdera ware filled early fn the grinding of the preaent crop practically all of this business wss received pre vious to that time. Since the new wheat aoneared on the market there has been but little trad in flour. Ex nnrl values ware boosted to 14.10 a bar rel record flgurea for this market hut the orient has evidently been out of a flour taste and did not care to pur chase. While export- values were forced 'hle-her here bv the added coat of the wheat, the orient did not even show a riiri tn know what crlcea were ruling. The exit of Japan from this market as a floue buyer further curtailed the us ual business. Lack of flour demand from both local points and for export caused the cloning down of 76 or cent of all the mills of the Pacific coast earlv In. the season, and few of them have been opera ted. since that time, even ror spasmodic grinding. , Sever Snob a Mlllfeed Market. No one in the trade has ever before noted -such a mlllfeed market as Jiae ruled since the opening of the present wheat season! For 20 years or mors there has never been such a long-continued shortagf; of feeds as has ruled since October,. 1007. At this time mill feed prices are pat all previous -records and, even though prices are exor bitant, it tekes a very good customer these days to even secure stocks at the preaent market prices. Supplies are so small that it is the ravorea ouyer, in deed, who is allowed to purchase mill fMila it thia time. 1 have been In the trade for over 15 years," saya one prominent handler to day, and I nave never noted a aeason like thla. The demand for mtllfeeda Is rowing every year, but supplies this aeason are so short that but a small portion of the demand can be filled. While the mlllfeed demand has In creased, the milling facilities have like wise expanded, but this season tne de mand for flour has been so contracted that but a small amount of millstuffs has been made. Cheese Market ts Higher. An advance of about Vic is shown In the cheese market at thia time, owing to the larger demand and tne smauness of No.'- 1 stock. Best cheese Is today being held firmly at 15o and one of the largest handlers Is talking of put ting the price to 16c tomorrow mon In a. . Creamery butter Is still quite scarce and out two grades are now snown.oa uie marset. - Poultry msrket Is rather dull, al though prices are holding about the same as yesterday. rront Street Briefs. ,' Potato movement to the south Is mailer.. Price unchanged. Smelt run in the .Cowllts contlnuea heavy. . Bananas show an advance of Ho a pound today, owing to the higher cost Ht the Gun. HUsparagus Is down again, with larger Juppues. Local caullflpwer Is In better shape and ' prices are ruling between $1 and fl.Zs a dosen, according to quality. Money and Exchange. . London, March 26. Consols 87 Hd, Sliver jou, DanK rate s per cent. ! New York.' March 25. Sterling 'ex- .change, long 14.84; short. 34.(7: silver bullion, 65c. i San Francisco, March 25. Sterling exenange oujuy at.o Tt : signt. .BO?ti; documentary, .bi. 'iransrers, tele graphic, 7 Mi per cent premium; sight, S per cent premium. New Vinegar Plant. (Special OlfDstcb' to The looratL) The Dalles, Or., March 26. There Is to be a vinegar plant added to The Dalles fruit canning establishment in ! time to take cara of the fruit juices the coming , season. An expert, vinegar! Hreaer win wo cmpiuycu. f ' f Northwest Crop Weather. i Western Oregon and western Wash ington 'air tonignt, with, light frost. Thursday fair and warmer. Eastern Oregon, eastern Washington and northern Idaho Fair tonight,, with frost, inuraaay iair. Southern Idaho Fair tonight, with frost; colder east portion, Thursday DOUGLAS PEACHES MIW PROMISE WELL n 1 . : (Special Dlipstch to Tb Teornsl.) Rpseburv Or., March 25. The 4 prospects for a fine fruit crop la e) the Umpqua valley la veey-food. V'e The- warm weather of the past 4) ftwo or three weeks has brought 4 jT the peaches and tha early pears " p . and ; plums to - run broom. . The s nights hare been' cool, with con- 4 la islderable frost In some sections, e K but the fbs; has prevented any e) ly 4amsf being- done, ao - far, and 4 k . the outlooit is very gooa ror a - heavy crop er peaonea, .. ana 01 the earliest of the season hi L tha .state. : Douglas county naa ai- e .way been first In tha market with strawberries, and this year . e) will put her ahead in tha Una of ;d other frpItaX . ,,.,'.... 4 wool rmcES - GOING LOW Values in East Are "Down. Manufacturing Trade is Very Quiet. The shearing of a few mutton sheet Is reported In the Yakima and Willam ette valleys, and this wool Js betas, sold hers at lower figures' than a year ago. However, the wool market Is not yet established this season, but the general jra'WtfS&V ".arVgo " ""H parea wun moss w t year . I expectation of the trade is mat ma It is generally understood that buyers will grade wool more closely this year because of the smaller demand mat ia now aooarent. Theodore uernneim 01 Rernhalm s Co at thia city. Who re cently returned from a trip to Boston and other eastern markets, , saya that conditions In the manufacturing lines are very dull, and tnat oniy a aman per "The cen( or in. m&ue lv iun. I, ,h... ha uvl "a "are run- IIMJVIIIJ U, 3 . ntn ahnrt time." . Mr. Bernhelm calls the attention of the wooltnento ths bad effects of the nse of sisal or binuer iwmevDy wooi- men as follows: . ' Xnok Pamags Sesvlts, Thr haa keen such an Increase In tha uaa of sisal or binder twine by the farmers Iq tylna: their wool that some thins; must be done to stop it The loose fiber from the twine clings to the wool through all tn processes of manu facture, and causes Imperfect goods with loss In- consequence. It Is not suf ficient to remove the binder twine, the damage has been done and wool should not be received that has been tied In this way. Our agents have been In structed to refuse it. "Another abuse Is the excessive use of twine. Two moderate sited strings each way are enougn Tor any rieece. in some sections farmers have lately been buying a very heavy, coarse twine, which Is practically rope, and have been trying to mane money tv tne amount put on the fleece. Wool from Aus tralia and South America, when tied at all. la bound with one strand of small twine each way. Our domestic fleeces done ud with yards of rope or binder twine suffer In competition. So serious In this matter that all manufacturer comolaln of It. and several refuse to use domestic fleeces. "Tn Inalst on reform In these mat ters Is no hardship to the grower. The imn of binder twine Is slrnnlv careless ness on his part. The loading- on of strlna- is a crime that the trade ts prac tically responsible for. If these mat ters are brourht to the attention of the farmer we feel sure he will help correct the abuses that have crept Into the busi ness during the recent years of pros perity." The Boston Commercial Bulletin says of the situation in territory wools: ' Business Sard to Oct. "It is estimated that about 1.000,000 pounds of clothing wools have changed hands, largely Utah, but including a fair amount of Idaho. Montana and oth er kinds.' The demand Is far from ac tive, and a good deal of the business waa negotiated under eresaure. though there if less rjf this feature than for merly.. A sale of E0O.000 pounds fine and fine medium, largely Utah wool, is reported at.lSc. The shrinkage is put at 68 per cent, and the scoured cost at about file "Other sales were J 4,000 pounds fine medium, Montana at isftc. to cost &ihc clean, and 100,000 pounds fine on the basis of 5&c. There have also been transfers of about 250.000 pounds fine and fine medium on the scoured basts of SB to SSc. and other sales of fine on the basis of 65 to 57c and of fine me dium at 62 to 63c. The market still favors buyers on clothing wools, especially the less de sirable kinds,. Strictly staple Is closely cleaned up, and Is mora or less nominal. "Of Oregon wool there Is not much grease wool left on the market, and what small lots are here attract little attention from manufacturers. Kven staple eastern, of which there Is a little left Is hard to sell. Valley wools are sold out and scoured descriptions nearly so. OREGON OrilOriS STIFF AT U IN THE SOUTH San Francisco, March 25. Wheat Ko. l California, club, per cental, 31.57V4 01.65; white milling club. 31.62 1.67V4: white Australian. Il.70ffll.72V4 : northern blueBtem. 31.62 V4 1.67 V4 northern club, 11.67 1.62 Vk; inferior graaes oi wneat, 81.26 0 1.60. Barley No. 1 feed. 11.36 ffi 1.40. with some fancy at tl.38: common to fair. 31.27 4 01.324: brawinr. at San Fran cisco, 1.401.4S; brewing and ship ping, air Port . Casta, tl. 401. 45: chev alier, 31.6601.I6. according to quality. nutter DTesn caiiiornia, extras, zsc; firsts, 22c; seconds, tOttc; fresh pack ing stock No1, l,, I8Ho; No. t. 18c ggS-r-Extras. 16n nee dosen: firsts. 17c; seconds, 16Hc; thirds, 14V4c; dir ties No. 1, 14Hc; dirties No. 2, 14c. Cheese New. California flats, fancy, 12a DOund: firsts . UUf- aei-nndn inn: California Young America, fancy, 14c; firsts, 12c; storage, eastern, fancy. New York, 174c; Oregon, 18c. Potatoes Lomppcs, 11.281.30 per Cental: Oresron Riirhanka ARriftjl1 00: river whites, fancy. 5076c; early rose, 31.25(91.35; river reds, $1.36 1.40; sweet potatoes. So pef pound; new potatoes, 2 Vic and 8c per pound. Onions Oregon veiiow. Hon fiat: eastern, f 3.78 4.00., fflp,b1,:.cno,0. $i.752."00: standards, 1.601.76; tangerines, $1.7502.00. ARE SLIGHTLY ADVANCED San Vranclav. w.w-h k T 'flight's closing prices: OOLDFIELD DISTRICT. Sandstorm S rtnA Tnn r, n.Si r. lUmbia Mt. SIC. Jumhn Rrt. S3n flltver Pick 26c Black Butte Ext. 2c, Atlanta 28a. Great Rfnt - rinr.nn. ti. o- P'ttni- ?-Jk.Cpne. 16c, Comb. Fraction 67o. Red Hill 34c, tou Dillon 4c, Goldf. Cons. 35.07. TONOPAH DISTRICT. Ton. Nevada IK ok I rXS Mac.Namara 45c, Ton. Belmont $1.07. Ton. North Star lie, Jim Butler .: a r k uiuiiiaim. a ; SCATTERED DISTRICTS, Nevada Hilla H 9 ' Tit.K,, en.,.. Exports of V?heaL " , NSw YorTt. March SSrviii. 1 nt. IkT fu v i ! .75! w,tn eoruary wwr ,iii,(ig Dusneis or Wheat wvre eiuuriBG irom inn iTnit . b This 'does' not 'include s'siis Ata . k.i. of flour, making nearly 45,000,000 buhh ii,iDwr mi o auaca to tne total, . or This does not Include. 1,722,880 bushels pr rye espied, in tha same period. Chicago Cash Barter." ' ChlCfflCO. March.' S. ronh ' ttarlav NEVADA SHARES peace rus III WALL STREET President's Message Is Fa vorablc to Corporations . and Stocks Eise. New York. March J Wail street has anticipated the president's message to a nicety, as the lata advances la various securities amply testify. However, ths message as regards combinations of various Industries Is even more favor able than had been expected, and this In iS&JffiStoYJrt& w.,. .,,kn Th M.,v.t opened somewhat mixed; some -securities being a fraction higher, while oth ers were not quite able to Teach the height of yesterday's final figures. The late trading was full of strength and general advances over tha morning trade are noiea. . That financiers ara not afraid of the situation is likewise shown in a con tlnuance of the very easy money condl tlons: call loans ruling today at former figures oetween i ana a per cent. tange py uowning-iiopitins company: DHC1UPTION. AmaL Copper. . Sugar CoL p. A I Brooklyn ..... People's Gas... U. H. Steel, c. U. S. dteel. p.. Atchison Bait St Ohio... Can. Pacific ... Erie Louis. & Nash.. Mo. Pacific ... Penn Reading Kock island ' . . , Southern Pac. ., St Paul , Union Pac Am. Smelter . . N. Y. Cent .... Northern Pac. . Anaconda , Great Northern Southern Ry. . Ches. St Ohio . , Wabash pfd .. Smelter pfd Am. Loco , Fed. Smelting .. Cent, Leather . Norfolk Ontario , R. I. pfd Am. woolens . . Soo com Total sales, 801,900 shares. Money High. 2 per cent: low. IK per cent; cloae, 2 per oent ' SPOKANE MINING EXCHANGE. (Furnished by Downlng-Hopklns Co., meuir opoaans nixcnange.l Spokane, March 26. Official prices: i 10 .16 Alameda .-. 6 7 Alhambra 4 ... Alberta Coal & Coke 15 30 . 4 . 15 4 . 6 4 : JS Vo . 2 . 1 Am n. (jommander Bell Bullion 6 20 Chas. Dickens Can. Cons Smelter. Copper King Dominion Copper . Evolution 3 2 28 4tt Echo Qalbraith Coal Gertie 4 Oranby Smelter 86 Hecla 100 350 7 6 76 23 13 2 a Happy Dav 4 Humming Bird 7 Hypotheek 1 Idaho Otant Ki Internafl. C. & C 69 Lucky Calumet 16 Missoula Copper t Mineral Farm Moonlight 8 Nabob 8 Nine Mile O. IC Cons lU Oom Paul 6V4 Panhandle Smelter 6 Park Conner 1 it Reindeer 24 Rex (16 to 1) 13V4 Sonora 2 Snowshoe I04i Snowatorm ;...188 Sullivan 1 Sullivan Bonds 8tewart 78 Wonder . . 1 04 Todays sales 1.000 Conner 8c; 1.000 Copper Klnsr 4c; 3.000 Cop per jving, me; b.uoo annandie, 6c Metallne and Idaho Stocks. Mammoth. Morning and Amnrimn Lead stocks are the nest buys on the market. See us for full particulars niiu ciubcbi insjae nnces. THE L. Y. KEADY INVESTMENT CO. a f-s cnamoer of Commerce. BOSTON COPPER MARKET. (Furnished by Overbeck A Cooke Co.) Boston, marcn zs orncial prices: Adventure 25& Tamarack ..681 Alloues .... Winona . . . Glroux Old. Dom... Shannon . . . Victoria . . . Butte Coala. Cal & Hecla 642 1014 65tf 8 Atlantto . . . Cop Range . Daly West Dom. Cod. . 2 C Ely 9 'United uoid Hill ... Oreene Trlnitv Parrot 19 Michigan Mohawk . . . Nlpplsslng lennessee No. Butte .. Nevada Cons. Bingham . . . 55 I Ely. Cons 13 I Osceola . . 90 AIQulncy . . CHICAqO WHEAT IS DOWN. Liverpool Leads With an Advance of fid for May Optidn. CHICAGO WHEAT MARKET. Open. Close. Mch. 24. Loss. May 6 H 4i 96H July 89 S9M 89 Chicago, March 25. Even though Liverpool started strong and ended with an advance of & for May wheat, the Chicago market was weak except at the siari, xne marKet openen here un. changed from yesterday and advanced anout c early, it lost all or this soon after and closed with a net decline of RsjigebyDownlng-HopklnsOmpany: WHEAT. Open. High. May 95 M, 96 5l Low. Close. 94 H 89 4i s2 July 89 90 H CORN. May , f 7)4 67 July.' . U 64 . OATS. May ....... 63H .-t 63ft Julyj...,. 46 ! .... viU MESS PORK, May 1250 1260 July ,,1290 . 1290 66' 64 62 ss : .1243 1280 1347 1385 Liverpool tiliet Market. . Liverpool. March 25. Mav wheat opened at a llttd, closed at 6s 11 Hd. a I an ma.ia,vi. over yesteraay. Cargoes Are Steadier., London.' March 11 Carvnea mtmAtr Walla 'Walla prompt shipment' at 36s a to ss. uaiuorni prompt- snipment f t 86s to 86s 2d. Ens-llsh countrr mar. I kets auiet but steady. , Krench countrvl 9 3 f A I 5 ? IS TT o etH ij4 22 21 22(2 U il it 4i 47 0 60S t0 18 26 SH 100 9!4 74$ H 74H 1t ta HM S2tt 3H 160H 150V 14 160U 1H 1 lH lH 100 101 100 100 40 41 40 40 117 117 114 117H 106 10 104 10 li 16 16 164 73 11 74 75 112 120 118 118 126 128 126 127 72 74 72 74 8 9 98 99 127 128 126 128 28 40 38 39 123 124 122 124 14 16 14 16 22 22 31 22 17 17 96 98 16 97 42 47 . 78 1 19 4 64 34 82 27 26 19 20 106 107 106 107 3V4 4 16 133 194 1 6750 90 3 Kin HA . ' When Such Firms as Armour & Co. and Swift & Co. Buy Oregon Eggs It Is Goooy Evidence That They Are Good as Any. L TRADING IS RULE Jfl LIVESTOCK PORTLAND LIVESTOCK RUN'. -t Hogs. Cattle. Sheen Today- 75 28 23 1907 175 26 40 1906 116 210 ! 1206 ............... 70 (6 Portland Union Stockyards. MVrch 26. Tha livestock market continues to how nominal trading because of the very cant arrivals in all lines. All prlcea are holding firm In consequence. Ayear ago today hogs lost 25c; other lines were firm Due unchanged in prlco. UfflciaL yard values: Hogs Best stuff. 36.505.60: stock- ers and China fats, 25.26; block, 85.25. Cattle Best eastern Oregon Iteers, f4.60O4.76; medium, J4.26fi4.35; best cows s-d neirers, is. 764.oo; medium cows, t3.26fy.60; bulla, 32.25iA2.60. Biieep Best wetners, i6.Y6iw.oo; mbs. $. 2546.60; ewes, t5.00fi5.60: mued. I6.BUO6.60 HOGS STRONG IN EAST. Chicago. March IS. Hogs. 21.000: cattle, 17,000; sheep, 14,000. Hogs are, strong, uezi over yester day, 4,900; mixed, (4.86(85.16; good and heavy, f5.05&6.16; rough and heavy, I4.V5W4.90; llgnt, If.SWD.lZft. cattle tfteaoy. Sheep Strong. Kansas City. March 26. Hogs. 10.000: cattle, 6,600; sheep, 7.000. Omaha. March 25. Hogs. 7,000: cat tle, 4,200; sheep, 10,000. WOOL OP FINE GROWTH. Finer Quality Shown Thin Season. Some Expect Low Prices. (BlweUI Dlnpttcfa ta The Joornal.) Pendleton. Or.. March 26. Woolbuy- ers are coming into esstern Oregon, and the 1908 season will soon be on. Ac- fOf.ll FAR FINANCE To Every Man and Woman With Saving's: Up to four years ago the people of America invested their savings in Wall street or in stocks created in, or controlled by Wall street. They bought what the captains of finance told them to buy. They were not equipped to know the worth of what they bought. The result: The people annually brought to Wall street millions of their savings and left them there. A further result: A few score of men became possessed of fabulous wealth. During the past four years the people have been taught "Finance," they withdrew their savings from Wall street. A result: Wall street had the stocks, the people the money. A further result: A deadlock between Wall street and the people. This deadlock benefited no one if continued, it meant death to Wall street, dis aster to the people. That this deadlock would be broken was inevitable. Wall street has tried its every expedient to bring back the people with their millions of savings. Tne people would not come. At the beginning of the tussle between Wall street and the people, I predicted the outcome that Wall street would be compelled to guarantee the people a square deal for the future. After every effort had been exhausted to bring the savings of the people Into the stocks of the prosperous industries of the people and after a violent panic had resulted, because the people refused to further entrust their savings to Wall street until it reformed its methods of dealing with the people, some of the great captains of finance asked my advice and, upon receiving it, my cooperation. I said to the captains of finance: "The people have been educated to the old game. They will not again, blindfolded, send their hard-earned savings into your market place. If the people will not buy their flour, their sugar or their woolens without first being shown they contain no chalk, no sand, no shoddy, why should they buy' grossly adulterated stocks or good stocks at grossly manipulated prices? They have awakened to the fact that they have been buying stocks, the purity and legitimacy of the price of, which should be of far greater im port to them than the quality of their food and clothing, without any real knowledge of their construction and Consequently of their worth. . The answer was: "Times have changed. We recognize the change. Wall street must have the people's piled-up savings; Wall street has good goods to give the people in exchange for their savings. "If we cannot trade with the people upon our terras, we must upon theirs. "How can we get to them with our goods in a way which will convince them it Is safe, best for themselves to trade?" My answer was: "Publicity; there is no reason why the old-fashioned horse sense methods by which people do all their other business should not be applied to their investments and speculations. From now on display your stocks to them as the merchants do their soaps, shoes and clothing. Tell them what they are, tell them honestly. Submit testers for your statements and give them a square deal." Then I agreed to act as salesman, but upon my terms, which were that I be first actually shown the value of the goods to be offered, and in a way that would enable me to prove the values to the people, so that they, too, could actually know them. My condition that I be allowed to "paw over" the goods of "the street" was conceded, and I quickly found enough rare good ones for a test. I thereupon asked that the public be given such bargains on the first selected . lots that the people would fall over themselves to buy when they were offered. The result: minions ot copper, inira Hundreds ol millions ot (.10 be named later;. Of offers two and three I will not now treat, that is, not until after first has been presented and bought "Fair Finance 3." Tomorrow will treat in detail of gold. I will touch upon it here, with the following per haps unusual statement: "Men and corporations of great wealth and business responsibility have been induced to contribute 20 per cent of one of their most important investments to the public at 50 per cent of its actual sure worth, or 25 per cent of its perhaps worth, for the purpose of proving to the public, in an unmistakable way, that from now on the people are to get a square deal in American finance. "That this offer is a most extraordinary one, and possibly only because of the remarkable conditions which surround finance at this time, can be seen in the light of the following: "In 38 active years in finance,. I have never known of an investment which combined safety government bond safety with unusual dividends or unusual profits." In that time I have neer known of any investment where large dividends were combined with sufficient safety to justify an honest' man, who really knew finance, in advising, say a woman of ordinary means, to exchange her government bonds or savings bank deposits for it. In that time I have never known a sure, safe investment stock which could be bought at even 60 per cent ol In this gold case, will be offered. This remarkable investment, which is to be offered to. the people, is really free from any hazard. It could have been sold at any time during the past two years, and can be sold now, to Wall street itself at much more than the price at which it is to be Offered to the public. It is as safe as any investment can be. It represents, one of the greatest successes of its present owners, who are in the very front rank of the world's greatest captains of --.industry.--- ' A--'-- - - -- - ; - The enterprise represents an expenditure of probably the largest amount of capital, $12,000,000, and time, three years, and successful effort ever expended by one group of great capitalists before allowing- the' tmblie ta -participate. . . -; , f , It has been impossible until these owners consented to this offer to the public, for any one, public or capitalists!, to .secure any direct share in the property. The other four fifths of the property, amounting to $14,000,000 which is retained by the owners, cannot be bought, even now, by the public or any one at even double the price at which the public are allowed to come in on this one fifth. ...... Z h ' ' . In other words, in my chapter tomorrow, J will demonstrate absolutely: thaf this" : remarkable offer is feall what it appears upon its face ta be. An opportunity for the people to accumulate millions, and that this oooortuniti is given to them solely for the purpose of most successfully inaugurating a new system of finaact ' - ' Boston, -March 25, -J. cording to the buvers now In the field the market will be. weak. The sheep men, nowever. are very optimistic, snq while they anticipate lower prices than last aeaaon, tney xeei tneir clips win sell well. Th open winter and the gen erally favorable conditions have caused Morrow and umatiiia county wool to Da of better quality than last year. The eradication or fcao in mis sec tion will work to the benefit of sheep men, and this, together with the fact that the wool clip promises to be heavy, will doubtless offset any decline there may be In the price, - - Throughout the country the lambing season is now well under way and the conditions so far are said to hava been ideal. FEEDINO IN THE OPEN. Stocks Hare Been Turned Oat to Graze Spring Work Active. (Special Mspatea to The JooraaL) Stiver Lake, Or., March IE. Farmers are now all vary busy putting In spring crops. The stock ranges of this section IM In In .AHIHim mwA 1 U .. . been turned on the desert In large num- ocra miring mi psst inree weens. They seem to be thriving on the feed. Deer have been scarce ths past sea son nrnhlhttf n. trm InstrAaalna. tlement of their favorite winter feeding 1UUIIUI. Ducka. a-eeaa an1 iwm ara n1r,il,.l on the marshss near town. BIG OPERATORS ARE BUYING OUR EGGS Tacoma Wheat Market. Tscoma, March 25. Wheat Export, club. 82c; blueatem. 82c; red, 80c. , There will be offered to the investors of America and AH the above heretofore unmet-with 1?08. PRESS AGENT AT isjiypi Captain of State Police Saja Holdup Was Boom for Goodwin Mines. (UnlUd Vrm L.a Wire.) Reno, Nev., March 25. "A plain fake and an. attempt to work a theatrical press agent trick to boost a mining proposition," la the way Captain Cox of the Nevada aula police characterized the reported holdup and robbery of a mining promoter near Rawhide last week, when 847,000 in gold waa aatd to have been taken from him. The state police and deputy sheriffs have been seeking the robbers for sev eral days without getting a clue. Todav they gave up in disgust and declared that the entire atory had been Invented hy the promoters of the Nat C. Goodwin company to advertise the coalition of their Kawhide mining properties. Platforms to Be Large. AH csra to be purchased In the future by the Portland Railway, Light A Power company are to have large and spacious platforms on the two ends. This Is to be done ao that If It Is ever decided to install the pay-as-yoa-enter system In Portlsnd all that will be required will be to equip the platforms with tha nec essary ratlings and devices. Northwest Bank Statement. PORTLAND. Clearings today.... .,.$1,150,292.99 ... 1.161,298.81 66.699.97 172,818.61 Year ago Balances today. . Year ago. SEATTLE. Clearings Balances Clearings Balances .11,331,038 118.086 ..1562.666 .. 93,193 TACOMA. San Francisco Grain Market. Ssn Francisco. March 26. Mav wheat closed at 3137 bid and $ 1.68 V asked. December barley closed st 81.11 Der cental Europe: First rMillions of gold. conditions surround and control the roo.2 THOMAS W. LAWSON ! Mrs. Steunenbergrr i Is ; Ex pected to feign for Sen tence Commutation. ' i ' , eWssssssjBsnsasBsssjgsg i jsV , '15-: " Boise. Ids., March 25. Mra. Frank Bteunenberg, widow of Idaho's assassin- ; ated governor, will alga ' tha petition wniun wilt oircviMfv 'in v.iu.h asking ths state board of pardons to commute the sentenoe of Harry Qrch tha Rtnun.nhAr. tnllriiar It la under stood that a brother of the dead gover nor end other members of the Bteunen -berg family will alao sign the petition. The circulation of tha petition Will begin this week and It will be very, numerously signed. The claim Is made that 90 per cent of the voters of Cald well will affix their names to It. The decision to present taa pennon to the state pardon board waa reached . after It was learned that members of the board desired to know the eontlment -of the people of Canyon county before acting on Judge Wood s recommendation ' for clemency, made when ha pronounoed ! the death sentence a week ago today. CHAMBER COLLECTS -BOOM LITERATURE eWSBBaWaMgMBSBaBSw V V '.-;' ' The Portland chamber of commeroe , is trying to sscura a complete stock of. literature from the various town and countlea of ths state that wish to hava their resources exploited In tha east. Secretary Olltner yesterday wrote 70 letters to commercial organisations and mayors of cities, asking that they send supplies to the Portland organisation. , Literature has been received from Eugene, Dayton, Salem, Med ford and Columbia oounty. There la still a large number of places In the state that could , oroflt bv being represented on tha liter ature tables of the Portland chamber. . where many visitors) call every week to secure Information. The chamber also receives Inauirles by mall that could be . answered by forwarding the literature of the county Inquired about by tha homeaeeker. ' inciiti'sniooi: mm nnnvnrnnv fctfILL riUll IiiLUUI Second Scores of investment which! :'.f'.,ijii l closed 70S 30. . . 1