The Oregon daily journal. (Portland, Or.) 1902-1972, April 26, 1908, Page 47, Image 47

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    THIS OKiiUON SUNDAY JOURNAL, PORTLAND, SUNDAY MORNING, APR1C 1003.
13
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I DOXT FEED 'YOUR IOTA- U ' '1-1 ' ' , J wny ff jyr- Fffni n HfI n f BtlAng v 1 ' ' ' ' ' I OVER - PRODUCTION AND I
Svag- uIM,ltwl , jJlf j HE FINANCIAL- WORLD: sR-sg.
N m i ii inni irnnn
UWULiWu
GIVE WRONG IIP
' . f
'Would Have Oreijon' Farm
I era Feed .Potatoes to Hogs
: When Demand Is Great. '
Potato rop western Oregon, - HOT
l.loo ears , . .; '
Shinned out to April II. 1.104 cars.
I'mainin April II. about 1.009 carl.
f 8liinr-d sides that time, 400 car. t
i pou einoe April ii, rni-. . -?
In. farmer' hands April 21, about 800
cart.
' -. ' Jf Hyman Cohen. , ' i
Just 11 days sgo there were the larg
est numMr or cars oi potatoes re
maining la tha western part of Oraicon
. ever ehown at thla period of the year
Ad yat today thara (a a likelihood that
, thera will not be a alna-la car of mar
actable potatoea that will net find a
nod demand before tha preeest season
. cloaea and at hither prlcea too.
Wot aoma reason or other probably
for peraona! profit aoma local ah lo
pe ra are advising farmera to feed their
potato to the hogs becauee of the sup
posed lark of demand. - The ones who
are sending out thla eort of atuff era
the verjr onaa who have recently been
heavy buyers of potatoea and. If they
fn cat the growors to throw away
arte amount of their -crop It would
mean that much more profit to tha
schemers. . .!, -. . . " - i's '
v - Oreetest Bernard JTow. f -V
5 Now tha truth of the matter la that
Sorer before In the history of the United
tatea has there been such a universal
demand for Pacific eoaat potatoea. In
the aouthwestera atatea aa at thla time.
Xurlng the past month the ahlpmenta
of potatoea from thla state have been
broken for all time and at the rate the
rars are attll going out there will not be
a single car of potatoes of marketable
quality remaining in tne state or vre-
gon when the present season come to
n end. f .
Instead of decreasing aa they usually
, do at thla time of . the year, Oregon po
.' tato ahlpmenta are Increasing. Gam
H road us, who - la one of the best In
formed potato shippers on the Pacific
: coast and who makea hla headquarters
in tms city, state mat uregon potato
men will be doing themaelvee financial
Injury if they do not realise all they
ran from their potatoes, and the beat
way to do this Is to sell thera.
'There will be a demsnd for every
thing we have before the ' season la
over.' say Mr. Broadus. "My Interest
, In thla la twofold;, firet to make money
myself-and the other to make money
for the producerst If. they make money
ao will I and the other dealer. It la
mistaken policy.' to try to down the
farmer and I want 'The Journal to tell
them the plain truth In thla matter Just
nan ii is ftiwiji reaav to oo.
air. ornnaus nas mil ur maae a
spec in i niori 10 put tne uregon potato
in.tnariteia wnere it nas never gone oe-
fnre. . At tha atart rif the aeiunn ha
wrote an article for The Journal asking
, tha farmera to sell a certain number of
ears of potatoes at a fraction below the
market ruling then, simply to allow
Shipments to D maae to tne soutnwest.
At that time there seemed little possi
bility that the record-breaking crop of
the - Pacific northwest oould be moved
at all' but the sending of.thoae low
priced, but excellent quality potatoes to
Missouri, Kansas, uxianoma ana Texas,
brought forth a demand that has never
before peen equaled n thla aeclon of
the country. - ...
- Not only have the' Oregon potato pro
ducers secured a place to put their great
Surplus eroj of 107 but by shipping
f ood Quality they" have made a reputa
Ion and .a market for -their product
whenever conditions elsewhere will al
low suck m movement.- By reason of
sending tnese low-priced supplies ' to
the juuithweet the Oregon nrndtioera
have cut the California trade complete-
SALMON KEEP AWAY
TO SPITE VAN DUSEN
4 Whether tha salmon Intend to
remain In hiding in the Columbia e)
river until the terra of Warden
.Van Duaen eipjrea la not known, '
e but the fish are not looking for
the nets and traps' with much
. perseverance. The catch slnoe e)
, the opening of the spring-sum-
mar season at noon April II hag '
4 been unusually smalls and can- k
; nlng and storage operations are e
on a nominal basis. The qual- , e
Ity Of the flab already caught U
among the beat in- jreart.
rreah ' aalmon ' market 1 f firm be
cause of the small catch, In the Co
lumbia, - ; -.
Front street sells st the following
prices. Those paid shippers are less
regular commissions; -
' ' rasa," now aad Xay.
TXTiTH Earrn Oreeon . ttet
i ii. . .i.iKia nil- inorti ii im
11 iO! vaUev. 11.45: rraham. Ua. 14.14:
whole wheat, 4.4t; rye 10a, .0; balee
H at rroouoerar onoe ximotny.
Willamette valltr. Tuner lis: orYlln.
gry. tll.lOOIl: eastern Oregon, ilea
1T: mixed, iitoiv.tr; clover. ipui
frain, t ii cneat, u auaira,
CWTTIM BAWt 4O4K0. ,
. . Batter, XcT ut Foultry.
BUTTER FAT Delivery f . o. b. Port-
land; sweet cream, Utto; sour IlHo lb.
BUTTtR Extra creamery, ISo; fancy
tlttO:iHot ordinary, XlVtoi store,. l(o
KiKiu extra rancy, canaiea, ito.
CHEESE Full cream, flats. It 0 IS Via I
half skimmed, llo lb: loung Amerleaa,
HOlIHe per lb; California Young Am
arloaa, lie; flats, 14o lb. , . ,
- POULTRY Mixed chickens.' 14o
lb; fancy hens, 14 Ho; roosters.
old, loo per id; zryers, i4.of aos;
brellsrs, 4 6; geese, old, 0o lb;
turaeya, aiiva, jipiw per to; a re a sea, I
lOtrtOc lb: sauabe. Il.ld doien: plgeona.
Il.lt dosen; dressed poultry, lOlVaOl
per lo. mgner. .w . ,
, Bope. Wool and Kiaes.
HOPS HIT crop, first' prime te; I
friroe, hc; meoium to prime. e; ma
lum, IO40 lb; 10 crop. 01Vi lb; I
eontracta, ius, in
UOi 1 1 U t W lilam
Olio.
MOHAIR If . Nominal llOllUc,
- iliuts wry niara, tipim io; sail,
leic; tram, lo leas: calves, green.
97c: kips, ao id;
IHtriHo id.
nette valley. II H
HOGS ABE HOT
EXTINCT HERE
Eight Head ArrlTe in Yards
During: the Week to Sup;
i ,plj. the Northwest.
144
6 tort of nors.
PENDULUM OF HOP PRICES IS
SWUNG &Y -HEAVY PRODUCTION
' (From a Staff Correspondent)
London, April I. The Protectionist
bulla, green salt.
PKEKF8KINS ' Ktieartnt HOtfte I papers are making a good deal out of
- I'T.i ".'f01 f"??1! Un claim that American hopgrowem
tfflJt&V are "duraplnr their surplus stock In
TAZXOvf Prrme. etr It 3eH4e: I England, thereby keeping down the
No. and grease. lOUa nrlos of the home-grown article. So
cleverly have the politicians and the
nawanener anibas used thla falrr tale
' POTATOES Select.' 11a. selllnv! bnv-lthat tha hons-mwara era already aai fat
ing, Willamette valley, 46OS0c; eastern ling for an Import duty. Aa a matter
llultnoman and Clackamas. r.6c per! of fact, the English growers are loatng
ewt: eweota, S04o; new potatoea. Be, Must a little mure than (0 per cent on
ONIONS Jobbing - price, beet Ore- I their products at the present scale or
ron. - f&.OO: seconds. l4.00Ct4.ZS: Tex-1 nrlcea and the entire Industry Is Uir eat-
as, 1J.7S per to lb. crate; I crate .lota, ened with extermination. If we are to
.C6 crate; garlic, 2o lb. .-. I believe tha howls of the organ of tha
lORTLANO UXKSTOCK. RUN.
- . , Hogs. . Cattle 8hen.
Peat week I i.om
107, Ill
ioi ............ to t.ti
not 7H , 1.110
py Hymen ji. conen.
Portland Union itookrarda'Aprtl IS
lUd It not been for the eight head
of bog which arrived on ine steamer
Maeool one day, and which took pity on
the poor showing of the arrivals, there
would nave oeen ao nogs raponta in
the local yards during the week. So
eager were these hogs to make a ahow
Ins that after being landed they be
gan their trip to the bog pens of
varda unaided.
-Such arrivals as these make the tslk
of putting Portland Into the front raaka
of packing center quite, of a laugh
able nature. Kven when bog are at
their beat hare, the run la aoarcaly
heavy enough to supply a medium
Bleed oountry town with fresh meats.
It Is evident from a review of late
srrlvals of hoga locally that aomethlng
must pe aone to oring snout more in
terest In hog-relelng before there will
be necessity for any sort of packing
plant here to take care of the produ.it.
The runs which are usually shown here
during an entire month are scarcely
sufficient to suddIv the smallest rf
juie Bo-eaiiea great puuiiB vi ui mmm i
a single oay. ,
Of Coarse Xog Axe fbmi
It Is merely a wsste of words to
specify here that bogs were quoted
very firm In the local stockyards dur
ing tne past. ween, witn arrivals o
scant that they oould be counted upon
the fingers of the hands and leave the
thumba out to count the arrival of
another week, packer of course were
?iulte willing to pay higher prlcea. Dur
ng tha week the market advanced to
Ii. do ror oeat stun.
Cattle Bad Week Bathe Weak.
While there was quite a good tone
In the cattle market the first five
days of the week, the last day showed
signs of impending trouble. Recelpta
That remarkable fluetuatlon is due to J "P". Chn!' VtTi th!
the fart that when hi nriraa were niv. been of late but the total run for the
ine iact inat wnea oig price were oo-1 . . vmii. Ha nnaiHarea
tainaoie mouaanua or extra acres were I . l' 7' JK.
fut under cultivation. Everybody ruahed
nto hope to get a part of the 'eaayl
money with the result that there was
a vast overproduction. Now, with price
this date whan the Pacific northwest
had less population to feed. During
tne ween - tne cams srrrrajs toiaiea
low many acres will be turned to other "L - I"1-- . .
Durooaea. the vearlv i,ab will he re-1 a"" Jrm-t ' ' -
APPLES Select. 13: fancy. Ill S A I
I.SO: choice, $1.00; ordinary, 11.11 d
I. to. - " .
nutsH mill-vranges, ii.zso
taxlff reformera.
American firms and their representa
tives here have figured very largely In
the war of words which has been waged
I.7S: bananas (He eer lb: crated, to: I Avee the matter in the oolumns of the
lemons. 1101.60 box; grapefruit. SI.SOO I rarloua mwiniNri. According to one
i:av: pineapples. 4& aos: ungerlnes, of the latter, a- Thomas, wno iooks
l.za dox; strawDerries, ii.awz-e perl after the interests or ins iiorst.com
11
is-dox crata
VKaBrafiLEaV-Turnlna. new.
lOo. ' sack; carrvta. SOn per sack: beets,
11.00 per aack: parsnips. IScfrtl: cab
bage Sl.SO0t.OO; tomatoes, California,
t 4CT tntT.. It KAMI 7C Ua.i.m
beans, 18c; cauliflower. Oregon, 6t)cll
aox.: veaa tow: noraeraaisn. - so id:
artlchnJcee, TSo doa; green onions, 40
ine;
It out of that terrltorr for even thouah
the. California shippers are frantically
orrenng .their potatoea from to ioc
. per hundred pounds' lesa than ours In
-the southwest,. It was the Oregon potato
mat secured me eruers.
XEAV cheese sells dowx.
Lowef Price I Ruling Becanae pf the
v m n . t w
increaaea ouppues nere,
" Cheese Is' comlnc In quite freely and
- for this reaaon a lower, range of values
"Is ruling. In the wholesale market For
. hls period of the year prloes are still
very nign. out tne same is uaewiae
true of other yllha of cream manufae-
.' ture. . . . - . v .,, . . -a
Creamery butter dropped 2 Ho a pound
during the week after which the mar-
, st. creameries are feeling the In-
erVsd aupplle but city makers say
' thv itflMtt UfAMnt vraliiAe ti, hrtlil tin..
til after tha first of the month.
1 , E AJSTERy POULTRY HITS. ,
ReUUera forced to Bring It la Be
cauae of the High Local Price.
. There waa a Somewhat weaker - feel.
Ing, In the egg market, during the pajt
six day. Receipts hod been o.ulto lib
eral during the week . and there waa
. little outside, offering. , ' . - -.
Chickens closed the week with a low-
: er price owing to the heavier arrivals
.of local bird and the very high prlcea
, met nave ruieo nere -auring tne paat
few, months. Local retailer were forced
to purchase eastern-dressed, stock be-
:' cause- of - the holding back V by local
shippers and now thla eastern stock la
pressing against 'tne-local price. Ho,
tailers Justify the Importation of east.
ern stock by saying that local poultry
values get beyond the bast where con
sumption is impossible only the really
rich being able to pay 80o a pound
s, for-: ordinary; -dressed chickens at re
tail. This is i about :.what , the- price
come to after paying the enormous
value' that have ruled at ". wholesale;
the tost of dreaslpg and handling, .. .
k:,t . ;:-ii- K:iV;-4i
, WHEAT MARKET ADVANCES. 1
Price I Bid :., Up on the '..Board ,of
L TrAde With Taluea Hitther. t i i
Because of the better feeling abroad
and the efforts of the big millers o
hold the market steady, the local wheat
fluctuations were upward during the
past six days. On the board of trade
the .bidding .was much stiffer and the
price is advanced So toSe a bushel. ;
All sorts of prices are ruling on ex
port flour with practically no . ouelnsa
available even at . the lower figure
quoted. Some sellers are offering to
let - go aa - low ' as $3.86 491.40, while
others re quoting out their brands
rouna a eo. -
- 3illfed held very firm the past
week because of a continuance of scant
supplies.-' i
Barley and oats markets were firmer
on the board of trade because of the
government canrng ror bid.-
Hay market Is steady to firm' at un
ehanged value) si , - ,
pany, one of the largest firm of hop
growers In the United States, there Is
varv Jittia oanaer oi a tax on Amer
ican Hops coming into ngiana
Tax of JTo Benefit,
sivbh mm. m i.a iuvuiu . imw.wu.
declared Mr. Thomaa to me, "it would
not benefit the English producers -one
dos; i.eppers. bell. I6c: Chile. Ito lbt ' . pneos mn B?w.ni m
hothouse lettuce, ll.1601.4S box; head market are i aue to overproduction, ana
1 L 1 MM, ItUUM. M.Hmi, MM. PVI fuumw
of foreign hops came Into tha English
ettuce. Its doi: cucumbers, hnthnnae.
California. 11.80 1.60 dox; radlahes ISo
dos. bunchee; - rhubarb. Oregon. - 4c lb.
oelery, 4.60f4.TS crata; cranberries,
eastern. I9.OO01O.SO: sprouts, go lb:
asparagus Oregon 91o lb; California,
e id; spinacn, suwvoo pox.
; Oreoenee, irata, Bta,
SUaAR California A Hawaiian Re
finery Cube, $8.10; powdered. $6.65:
berry, 1.65; dry granulated, .4B; CXX
extra
II UU1I-3U, LUU1. A., D.1S,
a., a.vu; goioen v., so.sv; v., yeiiow,
$S.7I: beet granulated. $1.18: bar
rels. '18c: half barrel. I0o: boxea. fi So
advance- on aack aaala
(Above price are . I, days net
miotatlona) , .
HONKT 11.10 per erata. '
COrS Paokaga oraads, , I1I.ISO
IB. as. ,..
' SALT Coarse Half " around. 100a
Ill.SU oar ton: SOa 114.08: tahla. dalrv
10s. $l.00j 100a $18.78; bales. 11.10;
Imported Liverpool, - SOa. llw.0: lOAa,
ii.u: , ls.vu: extra line varreta, la
te and 10a, l4.60tjiS.SO! Uverpool lamp
ock, $10.80 per to; SO-lb-rock. tls.S;
(Above d rices anolv to sales ef leas
aaa oar lota, Car lota at special prlees
UDiact so r iLVLumLiuua. I .
RICO Imperial Japan, No. i, e; No.
rjaVklj New Orleans, lead, fa;
BANS SSaSfl white.- 14.28: InrM
white. 14.16) pink, H.86; bavou, tl.tS;
Llmas, $6.65; Mexican red a, 4 Ho.
WUTsf reanuia, jumno. ic per in;
Virginia,. .4e ier - lbi roastt- to
per lb; Japanese, JiO( He; roasted. H
per lb; walnuts, California, 1 er lb;
rlae note, , ISo per lb; hickory nuts,
Oo per lb; braxll nuts, 16 per lb; fil
berts. io per id; rancy pecana, iiQivi
per lb: almonds. ISo.
" MaaB. nab and Provlstona.
DKaiSSCD , SIBXATS rronl street
large, 6 ji So; - veal, extra, H Q vo per
id; ordinary, 140 per id; neavy,
;n8c per lbs mutton, fancy, llo ner lb.:
spring lamb, 10 Oil Ho.
, tiAZio, UAwrtt B 1 -roTiiaBxi paca
(local) hams, 10 to 12 lbs., 16o. per lb.;
14 to IS Idb... 1440 per lb.; IS to 20 lbs.,
14Me: breakfast baoon. 14 22o per
lb; picnics, 100 per lb; cottage roll, llo
lb; regular ahort ' clears shioked. 11 Ho
per lb; unsmoked. 10 Ho per lb; clear
backa, unsmoked, lOHo; smoked, IlHo;
Union butts, 10-to llo ID; unsmoked.
lie nor lb: smoked. ISo oer lb: niur
bellies, Unsmoked. Ito per lb; smoked,
14o per lb; shoulders, llo k per lb:
pickled toBgUca, i'Oo lacb.
0
er
LOCAL, LARO Kettle leaf, 10a. lti
id; bb, a - or 19, bu-io una, II Hi
lOi imu ronuereu, xva, 11 0
Ss. 11 wu per ; lb; oomoound. .
iO per lb.
FR05T"STREET RENEWS.
Dressed Veal Is Fraction Down,
. ; ' With Larger Supplies.
- Dressed meats-are holdlnsr their own.
During tha week, there was a fractional
decline In veal . owing to the larger
supplies. Hogs were scarce all , week
and held welL "
-Asparagus, from local points Is in
more liberal supply - with prices steady
arter a recent aecitn.
New potatoes are lower. .
small sise, ' -
Supplies of
84.0 per lb. -v . --
I'lbH rtock cod. HHb lb flounders.
Co per lb; halibut, 80 per lb; striped
baas. 16c per it; catfish, lie per to. ai.
mon, Chinook, Oo per lb; steelhead, 7c
per 10; ucri iua 00 v per id; soles,
to psr, id; . r anrimpa, iuo per
. - . Ik. . . . . J. '-'. .
lu: ,u wr ii,, mviuvuo, AiQ per AO.
lobsters, ISo per lb.; fresh mackerel. Be
per lbi craaflah, 16c per doaen: stur
aeon. UHo per lb: black baas. lOo per
lb; silver smelt, C7o per lb; sturgeon.
HHolbM black cod. 7Ho lb; crabs
$1.00 1.80 ooaen; shad. luc. -. . ,
- OTSTKRS Shoal water bay, per aaJ
Ion. $1.69: per 100-lb sack, $.00: Olym
pla, per gallon, $140; per 100-lb sack,
Ib.00OS.S0; Cagle, canned, 0o can; . $7
market there would still be a vast
overproduction. The simple fact of the
matter is that tne native growers aione
produce more than the brewers of Great
Britain can use. If a tax was' imposed
on foreign-grown hops, and better
prloes were obtainable, tha inevitable
result would ba that thousands of acres
that are now devoted to some other
crop would at the first opportunity do
put ' Into hops. . Consequently there
would very soon be Just as big a sur
plus on tha English market as there
Mr. Thomas has been telling tha En
glish growers- some truths about the
American growers. - At the same time
he has taken the occasion to deny the
reports that there Is any "dumping"
fmm the United Statea. He told me.
and quoted figures to prove It, that the
tnn vearlv - lmnorta from America
are no mora than they were 10 years
ago.
Amerloas. Za Kit, Too.
The American grower Is having Just
is hard a time of It as tha English."
h ulil Threer rears aro the former
was making; 100 per cent on his money;
today be is losing almost ou per com.
STEEPLE JACKS
EI
HER
or
Stock Market Opens With a
Bush and Talk Is All of
Higher Prices. 4
By- Thomas C ChotwelL t"
(Ream Kaws by Uaet Leasee Wire.)
New York, April It mocks opened
with a rush asatn todav and hia-h ree.
orda went to smaah as new ones were
establlahed In the Isadlna Isauea. It
wae a glorious day for ateeDl lack a
and aoms of them became so brave that
It loosed as thouah they would null tha
stSeplas up after them. Union pacino,
ait. raul, Reading and copper stocks
went bounding upward In supreme oon-
"mpi ox xacia. row tnat tne move
ments seem to be In full awlnar thera la
no teuing wnen it win Slop, The Dull
leaders are talklns- 171 for Union Pa-
clao. 160 for 8t- Yww and about 76 for
Steel common. Of ouurse, these figures
are absurd, but for that matter also Is
the market Part of the manipulation
for higher prices today consisted of a
rumor tnat nan rranolsoo had been
ahakaa to pleoea by another eartbauake.
auying or siocks is 01 tue moat unsub
stantial character, with the exeentlon
of that which le done by the big manlp-
uiaiora, ana even tney are taxing more
man tney can help, ror they undaratand
thoroughly wuat they are doing. Great
streaa la being laid on sharp advances,
buco as in Btanaara uu and Americas
1 oDaoco.
Money la so plentiful that It would be
Idle to discus tb banking situation ex
cept for, the fact that unfair conclu
sions are being drawn from the rapid
accumulation of baalo money In New
1 org. Keserves Increased today more
than l,000,000 and baalo money a little
more man 11u.uuv.9uu in, tne average
statement of clearing bouse banka
Wall street overlooks the fact that the
volume of bank notes plied op In Wash
ington awaiting redemption has reached
the huge total of about $44,000,000. The
Sovenunent pays out gold for these
ank notes the moment they are re
ceived. After sorting them out they
are sent to the S.OOO banka of Issue and
gold is received for them In return.
But redemption Is being demanded at
auch a rapid rate lust now that the
bureau Is swamped and at preaent thoaa
i4B.uuu.guo at notea have Deen trans
mitted Into gold. Early la May, owing
to certain details In management In the
bureau of redemption, a large force of
clerks will be set to work on this sur
plus of bank notes and they will be re
deemed rapidly and the banks will lose
gold to the treasury at the rate of ml li
ons a day. This loss will attract at
tention and It might as well ba ex
plained now.
Investment Capital Active.
(United Preaa Leased Wire.)
New York. April 25. The keynote of
this week's Improvement in stocks la
found in the various evidences of In
creasing activity on the part of Invest
ment capital. This phenomenon nai
shown Itself In three ways: First, a
I notable enlargement of broad tranaao-
Sus nut, uiv jmtxi 17 crup win pe re- Z--. , ifj '.iT-. ,.. n thla
uced. and prices will rise. It Is the ?f .H0 thJT?. 7llKSml i
awlnr of the nenduium " same period. There was no Changs in
There wlu? an attempt mad on the catUe Value, during the six day..
?art of a number of tha big growers In . Sheep Karkrt JUoeived a Cat.
he United ; States to systematically jf tn, arrivals In other lines were
dump' their product In Kngland, but not up to requirements, there was a
scheme waa defeated in the same somewhat better report regarding sheep,
wat, as certain New York Jewelera are During the week 1.111 head arrived In
now attempting to break the monopoly the yards compared with 144 a year
?i..th. Am.'!!'lo".n wWMch TTUB.t. It .7 two na .'! thr
V Vi.ouUlnea by th0" benlna th years ago. That killers have not been
uuuaiuwDia, vmm w uuin.ru iim 1 quite as anxious lor sneep as woui
mTm PAftS Sa Vi a ss4afeaaaB 41 abva a J 1 I , . a j . n 1 1 a . I
-- -uoiiiouu m wwiu seem. IS Bnown 07 tneir auunae previ-1 v -- - --
priceabout 10 cents a pound from oue lo shearing. In former yesri 1 they I the dealings "over the counter": second,
the brewers' In the United States, and were very eager to contract sheep be-a general advance tn the bond prloes,
to "dump" the surplus In England to fore the clip In fact a year ago most I more pronounced, of course, among the
..T" . wr." " mpeuiion 1 of the saleable stocK was sola per or 1 iTOuin-e uui uuw.iui
with the English growers. shearing. This year practically little among laaues of tha strictly Investment
. Where llaa Tailed,. contracting Is reported. During the ranks; finally, the ability demonstrated
Where the nlan failed In th. Week the price or sneep cropped U0 . in mani insiancea ounn. ia. w o
. " - w.- 1 wwi.w w .wnanAMt t9 fiirih., n ri I... I ran.).. mnM niHr Minuiraiinna T n nnnr
when the big run materlallsea j the new securities which have so long
A year ago for the past week there I been withheld for fear, their offering
waa a steady tone In ail livestock with I would prove a failure. The Pennayl
values unchanged. I vanla $40,000,000 loan has been - the
Official yard prices. I principal transaction of this kind and
Ho rs Beat stuff. $I.1S0(.8O: stock-1 its remarkable success Is the specific
thT pond CrYur tAa Airn ?rn China faU, ,7Stl.O0; block, cause for most of the uplift which the
dumolna" at 6s. reshln It the, '.j . . . ' - market has expenencea -
United Statea by the next steamer ata I -.WuB-.i.fwrn Vra in its broader aspects, the assurance
cost OI
pound,
realise
the American
kst
II SIIIPilEIII
BV1GEIITIIIE
Wheai Exports Aro ; Kren
Smaller Than Anyone Had1,
Been Lcd to Expect, - "
May
July
C2Z2CAOO W1EBAT TALUKS.
Open. Close. Apr. 14. Gain.
.. ..,..- nit
,$
r,M.aalii,
9 I 1 -r ' e
(Caltad rnaw leased Wire.) .
Chicago. April 1$. roralan advices
before openlna of the session ware aa
stimulating to action by the bulls in
the wheat market aa were the previous
days cables to the other party. Small
aa had been the estimate of Argentine
wheat ahlpmenta for the week. It did
not get down low enough for the facta.,
That caused Liverpool to Junto nrlcea
of May wheat Id. July 140, and Sep
tember Hd. The effect here wae equal
ly decisive. Antwarn wae unrhinial
and Budapest e higher.
v seiner and proRpevta ror both win
ter and spring wheat at the -present
time could not be Improved on. De
mand for wheat here waa alack In tha
sample market, and millers were not
In the market except for an occasional
carload. Tha market waa . varv vari
able, and May more particularly so.
Business in corn wss of quite, moder
ate dimensions, and - Influence of
strength in wheat did not have much
affect on. eorn. The principals In the
May deal appeared to be keeping down
May prtcea at tne moment and sell-
inv all Ih -fnlv kt th. . . k -.
would take without affecting Its prloe
to more than a moderate extent. There
were however, other sellers more preaa-
Ing, creating considerable weakness.
Liverpool future were the same aa yea- '
terdav. There waa mora demand near
the end of the session. ' and . prlcea
picked OD and recovered tha areater
part of the previous loss.,. Sample mar-
set waa weaa ana price aown rrom -Uo
to le a baahel. Aa tha weather
crop of oats, sellers for the September
delivery Increased '.n numbers and free- .
dom of Dresalna offerlnra. Ia other de
liveries very little trading was done.'
.ww mm ..v 1 . v. vi 1 J uv,.tt-i , 1 ..I
the end caused some little decline, and
it was at Sic aa the session closed.
The provision market waa slow and a '
ahade eaaler, with prlaea steady at a
moderate decline moat of the time.
I'aan sales:
Wheat Winter No. I red. 7Hc -Corn
No. S. 45c: No. 1 white, 5He:
No. t yellow. fSfitiSUe: No. 4. tlUai
oats no. i white. 6l6lc; No. s
White. SO i) Sic: standard, (lo. '
Kange oz prices: . ,
WHEAT. ' ' '
Opea
May .. ...1714 ,
July . .81 . '
lowing circumstance, whereas there Is
an Import duty on all foreign-grown
hops coming into the United States
there Is no duty on American-grown
hops returned to the country after hav
ing been shipped abroad. So. It waa an
easy matter for speculators on this side
OB
say a quarter or a cent ter I ; ' . '.lrr . " 1 A . , .;: :Y; I rvnewvu, n.-u,u, gu .uv ii."ui
sell It for 10 cents and not onlv B" co . . ?. . .v v n" 1 ;l I market is exceedingly encouraging. ,u
a handsome nrofit hut rfnrt. cows, $1.60 $.78; buUs, $1.641.00. Was in this quarter that the first si fnu
ttop man In his own mar-1 "it ""BliV' . I of declining prosperity manifested them-
J t.ZvvJmtmMZV 7 li.rT,. "i.n" selves two years ago. During th whole
tfermana Kurt TJa.- " - J lambs, weighing 7 tundg, IS.S0O8.00. DWlCHa f excited stock speculation In
$S.7B6.00;
Shearlings, , $5 6.26.
SHEEP PRICES ARE HIT.
the summer of 1908. the bond market
was at a sianasiui. -!
Inability to sell bonds was the first
great warning signal. It led directly in
the early part of 1107 to that surfeited
I condition in all claaaea of new Inveet-
man,, rsiiu , I ituiii.um.v, i..)jvu-
aible for the collapse in the wall street
market. -
The breakdown of trade did not come
out wnne tnt isnsiian ' arawar iai.
feel the competition of the German hop
grower as does his American cousin.
Of course Soma - Oarman hnna iwrn In
jSrV&nn& H Tinge of We
unuea states, xnere is very little do-1 ness vrtoer limes Arts oicao,
instead of Oerman origin, as in the it veatarrtaV'a eloss-left over Testarday uM
United SUtea. so that neither for sent!- g?0 Mixed tt PllWs fS? heaVy 5Ya 0l0,eal order to the mwket. bonda gave
mental nor commercial ... I fiVS-.. Ia. J' IFJ 1. ..Iv I? .lwav first- the stock market next, the
Oerman hops In demand. X&l'ia' Mitf, T.tiaHv and aheen weak commercial market last. It Is not rea-
l.ri. Am2rW"L...J?J iht yerv Kaniaa City. April IS, Hogs, 4,000;
tM? -m?1c?k-!?uIatior,n n.P".on catUe, 600; sheep. 1,000.
id",. T.?: -i-esftPl. 'ff L Omaha. April 'k-Hogs, COO; cattle.
Imrwartaaitlnn rtt Xhtwnm wriink la w.w I ww' '
V "i a Va . a BBS UUW sa,srw
B8 rl vi aw lea thlai anna4aa. T J a .
......a v".;t,7. . xt w rea not I -rr-f i -r iT-rrm nrrr mrmn TAT
.lyceao-unh. WAixW UT tUlilUiUl lfl
ture ii win mean tnat nis loss will be
reduced In a corresponding degree. .
ii
Red Crown Oaaollne..,,.iSHe
Motor Oaaollne ......... 18 ia
aa nee Mat daaollne. . ..80 0
v.. r, nnl niatlllata. . B e IS
BENZINE 8 deg., caeeA 1IH0 per
gal; iron bbls.lZHo per gal.
TURPEN ' 1NS5 In cases, llo par gal
hhla. 89c Tier aral.
LINSEED OIL Raw, bbls 4o; cases
65c; boiled, bbls no; cases sto a gai
nta nr afiu raiiona iv mak - - "
WHITK LjCAD Tea lotav 9 fjnt lb;
Sltib lots. So per la: lesslota.
WUfUB NAILS Present heal at $1.18.
BOWED WITH PRESSUR
E
fv.vvyv.sv, x1' , wmo, www WU, i
dose i); Mittro io bli, i.7l pr hutv
CLAMS Hardshen. f par ' bo&t tf .40;
rasor clama. 11.00 per bos: lea per dos,
.' mints. Opal ' OU. Xas. .. .
1 ROFE Pure manlla, ,11c; standard,
lliscj'slsal. 8CJ L jP-slsaL SfcO.', ;
CO4 PUS --. ' ' '
a - Iron Bbls. Cases. Wood Bbls.
Water White v I0o l ;
Peart Oil' . .. . . 'i. 1$ 0 .
Head Light; V, lltto ' , lMo : "...I
Eocene ..-,..: .-.. A' 1 o .. ' ..
Special W. W.. 14 o- ' ...i. , 18-
HdtmiMimi ,.-,,.,. $, eo,j. w
Extra Star j,;...' 11 i .sj-i
... ,-,v-.' ' '-- Iron Bbls. , Cseea
V. M. and P. Naphtha .11 Ho f . i j,o
i s)
San Francisco. April 2 List night's
closing prices'. - i
OOLDFEELD DISTRICT, i-S
n,nl.tirm 8Sn. Tied Ton Ext. ISc. Co
lumbia Mt toe. Jumbo Ext. lie. Silver
rick 10c, Black Butte juxu so, auihw
4c, Oreat ; Bend 4$c Florence JI M.
Dlara. B. B. Cons. ISo. T. Mohawk ld.
rtmA . hiii ,ii int union so. xeiiow
Tiger llo, Yellow Boas lo, Ooldf. Cons.
. ; TONOPAH DISTRICT.
Ton. Nevada $tl. Ton. MonUna J1.7S,
MacNamara 8ic(i Ton. Belmont $1.17,
Ton North Star lie, Jim jtsuuer c.
k-MANHATTAN DISTRICT., v'
1 Granny So, Jumping Jack lo.
5 SCATTERED DISTRICTS. :
Kevada Hills 12.15, Pittsburg Silvsr
Pea $1.10. ' . '
MOHAIR AND WOOL
DEMANDS NOMINAL
Thsrs hag fterei" been a period
d ' Jlika this when mohair and wool
4 . supplies .were so little ,- sought.
4 Of . -late the buyers r hav
4 shown but little Inclination to do.
t business ln,elther line. Whether 4
they Intend this to mean ' that . e
prices will have to drop Into the " 4
gutter before buying, or, simply ? 4
that manuf acturers are overload-?' 4
ed. and they are hot Inclined to e
fpeoulatg on their own hook. v -
Bonabie to assume that recovery will
observe the same order that the rehabilitation-of
the bond market and the
Improvement which has already been
made on the stock exchange, are pre
paring tne way for a revival In general
business, the signs of which are as yet
0EEG0N IS GROWING PWt received during tha week lndl-
I .U.in.lA. Bawi. ImnwMW m. h.. m
nnmnil nnTITAPA bbi '. Im", S'L r,ik- S..rii2a I eupr v"r fortnight ago and th
nDLPim DllTJITlirO 111 '!. I'8?; business volume Is very far from re-
' . I piHCf5 UI1 Vila IU4UII 81JJ Ul duuvuviu RatlaTea Of TiHMK
MUCH BETTER DEMAfD
: -
DESCRIPTION.
Market in the South Is
HlgheriWith Very Small
Arrivals From Here.
Pacific and Is owned by Postmaster A.
R. Martin of Junction City. This grove
consists or acres or tne grarted May
etta and Franauette varieties and graft.
ed on tha California and American black
walnut, and are unusually stron:,,tur-1
dy-trees. Mr Maraln alao haa 10fss AmaX Copper...
Mix mi anvvuu wwww .ww v. I Buffer
same Taneun,
The trees ln this
80x60 feet each way.
plenty or sunngnc
i ..... w.
CoC P. L.....J
large grove are set Brooklyn .... . . .
ltttfr?IiJ!!2? O. 8- SteeL com..
r . . T . . . . . - a I W. O. A.
la verv essential in any zina or oronara. i . a .....
Resides thla laree 76-acr wove. I. N. i.I.r ""
' " - . - . 'aa . I AWIUnUU a a a a . . .
dward has 10 sores, iiwwaro uauey n O V -
10 ares at the rrafted trees. J. M. Xl,V; ''till'"
. , - . . . . - . . . . nvi L,Bu.m,n x at i :. . .
iuwii om bt unign uasn wire. 1 i nuwwu una i w Kri
San Francisco, April 26. Thera w
n.yia ,h vuuer ,aaa a smaller over soo acres at tnis piacs ana ine p..vii.Ta
uantlty of " eggs. The market waa Woodcock-Dunn- Land company naa? 6 o.Ki' "
generally oulet and without j5Ha5?w Rook Island
ohahgec Butter closed firm feTci tfrto tt
ery extra , and steady for .U other ON f"Lnna JT?. r0,5 of thsrees Union Pacific
f erlngs. On chaiwa 10 - hDB? ?? J?.0" 2.1 ".-wf5-12 Am. Smelter .
S "Wr pound and 10 at soil for a depth of 10 to 11 feeV when JJ- Central. ...
-"TVf . - , .. a very line gravel ana a ana is mixou ..""..
All rum nf am -Ma. a. Luv ,v. a.t -,iinK n.m,ia th I Anaconda . -.
ohanr. la a... t". "7- " ""1." J .,"T. V" Southern Ry. .
Per dosen. "Iv"u" c I 2525 wu" : ; . w Am. Locomotive
a. Cheese was steady for fanoy -flats This condition of the soil Is Verr Ji J.ui'
M?i.V;ra I0r aoriptlons. . . gratifying to the
. a h. Minnt I Great Northern..
At' the SOUth there haa hu. . .... I o. thv ara aaaured of a nar. I Chee. Ohio. . . .
advance n , the f. o, b. prices of , or- manently healthy tree and will not meet IfSiJ Pid
angea, bringing them up to about yes- with the great disappointment that some Pj
lerdays asking prices here. ; For ofoh- of the Cillfornla walnut-growers have wntn0Pi
ard -run thrl o. b. ; price; wis 82.2S had. where their groves prospered for SP"0,",0-11
Per bOX. Three earlnSI. . Jli' . i I vaara and aava fine retnrna to BOO com.
'!?,2JL ? o-. were the owner;, when; , th. tre began to Norfolk
-- vviUJUV WWK lOflrt Will I U1J 1U 1U area nuuivot aa mwu j t.i vt I . -a-ar i
tkrobahlir K m waa4 JV.. a ' W ,U.1 I ABeaf.Utf m-rntn4 Ala.. Am. WOOlenS
A. carload of strawberries arrived from I cover the cause of their dying, but were Total sales, 400,200 shares. ?4 "y
,"L n8' som in poor condition unable to ina s any trace or disease.! ' y ; -y " i
UIU UUVt IT - Eta V Art TVv AeaSa , O I 'I'hAU TnAB ' fTnrint llflaaCl LflH.!. . I. flit " mil lIA I . . na.l.. a ' v .. .-1 ' I-.
S.800 bunahaa ni ha 11"" I ,.V ha with tha roota nf the tr.en l r uiaui,
Honolulu.- , - They then dug 1 up Athe-trees, and In
Choloe Oregon Burbank potatoes were doing so found out The reason Of them
higher , with, three carloads at-hand' dying.- ! .-. -v-..;;., -,.v :
also a carload of Lompocs Another The roots Of . the trees had gone
carload of Berumda seed onions ar- through the soli and had struck a hard-
rlved. . Asparagus was firmer for the Pn and were unable to penetrate this
better arradea and tha i. In their efforts to -find water. Thus
cleaned up. . Rhubarb, areen neas and 1 they died lor want of moisture. These
rw-a.a, n,,' HvMULUT.' 1 flA Sll TkTtl V I wii M a..- ... wot v, ., vjl v 1 1 a mw lii.ii
nf h ,H . .. I ill .nl li,n.. Tn .n.ta.1 1,K Tha.
largest cnerrv trees and rtnest peaches
In-Oregon are raised at this place, and
the most valuable walnut groves la ,the
world will be grown here. , .
8 a S" 9
n tr - jra
: f-3
; ; : : si
40J4I 60S 80 0J4
127 127 127U 12?C
24t, 14 til 24 U
47 47 47 47
1H 1H 1 i '
8(K 86 88
IMt llR5 llRSU
,11 1 18U 18H
101 102 101 101
. 45 45 45 46
118 120 118 11
. 109 100 108 108
1S 16 16 16
77 77 78 76
121 122 121H 123"
134 184 188 133
72 72" 7l2 ii2
100 100 1 a 47
isou itauria;(iaa;
88 88 88 88
14 12 H'142
tit ::::: -M
12 ..... .... 129U
832 88 82 332
SO I 80 ti 30
86 9 86 12 5
1 1 W 1
. 112 "1
. . ... . 864
.,,.- . . . . ai', ; 84
..... .... . . . . . . taiZ
Msy
July
May
July
May
July
i t
High.
" 88 3
CORN.
' : 87 "
62 '
OATS.
86
1
61
12
-1W
.1185 , .1300 ; 1280 ' 1100
1117 1881 IBIS . 1818
WEEKLY STATEMENT
OF NEW YORK BANKS
New York, April 28. Bank statement:
Members' daily average cash reserve
22.71 per cent - ; -
. . . . ' ' increase.
Reserve .....................9.011,31S
Do lesa 17. 8........ 8.003.100
Ixwna 6.210.700
Specie 8,061.400
Leaal tenders 2.278.400
Deposits 6.293.800
Circulation 123,800
Members' actual cash reserve z.u
per cent, , ., - , ... . '
,.-..-.' n. -.,;-r Increase.
Reserve .................... .I8.480.47S
Less U. S.... 8.459.700 ,
Loans 8.791.000
Specie 6,073.400
Legal tenders .. 2.274.600
Deposits 2.266,100
Circulation ........t. 244.600
' Non-members: , ,. - -
Loans ,..18.292.800
Specie ,... 28,800 '
Legal tenders 1.041.700 ,
Total Deposits ....12,806,600
' Total - deoosits eliminating - other
banks and trust oompantea ln New York
city. ..Increase 11.842,700, aggregate re
serve deposits 4101,731,100, percentage
of legal reserve 21.60 per cent.
Decraas. ' f V 1 !
of each was larger. .
The' BOOt and Shna' WnrVaiV r.i..
national union makes claim that its
system of 25 cents a week, dues saves
It from the fear of strike, anri in aiinh
emergency does away with the neces
sity of calling" upon sister crafts for
financial aid. The high dues also enable
tne unions to . nr-Aaeriite : tnnr. tim.,.
fully its campaign for the union stamp.
The International , union now has a re
serve fund . n Its treasury amounting
4 4e e 4 4 4 4 4 4 4 f to 'upwards f $100,000. ,
' V ' Tacionut Wheat Market.
Tacofna Wash., April 25. Wheat, ex
port, club,, 84c; blueatem. 86o; red, 82c.
Liverpool Wheat Market.
Ltverhool, April 25. May wheat closed
at 7s 64, a netgain of Id .over. Friday.
San Francisco. Aprlli 25-Merchants
exchange quotations: , , "
II 57 V'-W:? 5;Xmber,
. Cash' nrlcea were!, ';
Wheat No. ',1 winter Walla Walla.
$1.66 . red Russian. $1.61 ; tu?ke?
red. $1.V0; bluestem, $i.70 per centsJ. 7
tianey wo. j, orient, feed. 11.40: Nat
i brewing. $1.60 per JenUL
' 2ffT!" -'-?,h"' Pr cental.
i.JtJllfwt" T ."v. ,3: middlings.
$32.60; shorts, $30.50 per ton.
IN THE MULLET BELT.
.. ssiapiaBaa t- t- - , ; .
'From tha 'NewTorlt Sun. - - '
Down on the easy rolnar aulf coast. -
where -everybody loafs and is happy,
there are one or two awful thouahta
which occasionally shudder through the
pleasant dreams of the Inhabitants. The
most dreadful 'of these is the horrlfio
suggestion of a possible failure of the
mullet crop. !'.;-- -
The mullet crop Is locally known aa
Blloxi bacon, because down there it is - -aa
absolute a necessary of life as pork '
Is elsewhere in the south. The visitor
to all the gulf resorts Is more addicted
to mullet than he realises.- It some
times parades on the -bill if fare as .
trout or ' something else which atvea
variety to the menu.
jbui do not deceived. While the coast
ca,n furnish a good - mullet no other
fish need -anolv. The names are
changed to satisfy the uneducated
northerner, but the fish remains the
same. Just what a hold the mullet diet .
haa on the natives is clear from a story
they tell about Biloxt. - ,
A good many years aro. there was a
mullet famine along- the coast. The
people had to tall back on other fish,
such as the humble speckled trout and
the unlntellectnal r sheenhead. It was
a time of . sacrifice whose memory has
Survived until thla lav. whan, it In
declared, the old Inhabitants recall It
with a shudder as they repeat their
mornln supplication: v.tjivs us this
day our dally mullet 1
It la said that a Bllotlan can pretty .
nearly navigate his whole career, from
Infancy to death and burial, with mul
let as his chief dependence. - When he 1"
a baby. he cuts his teeth on a piece of
mullet; aa a boy he fishes for it; the
chief requirement In a wife is that she
shall know howt to cook it, and it is
most consolatory when served to the
funeral guests. -.
Durina; the civil war the people of the
mullet belt would 'have had -miglitv.
slim pickings If Jt had not -been for
their favorite fish, . Many a confedrHt
soldier Imprisoned by Butler on snf-
Inland has , cause to b grateful t
Blloxi bacon or black syes, M the mullet.
Is also called.'---'""-:-.-.
It Is not an easy fish to land with
hook and line, or even to catch with a
seine. '; "But anr one who can tbrow
a cast net to spread over a cirrla of 12
or 14 feet savs aa authority, "ci
catch enouch of them lo an hour t
supply a doien families."
" - " Texan In jDeadl Earnest. '
Advertisement in San Antonio Expresa
Reward I will pay $100 to anv one
who will shoot both 1ks off . of the
hog . thief who stwala niv paper from
my front yard two or thre t'mes a
week. , btern, SOS San 1 txiro avenue.
.-FREE
iDirdseys Vap and 3Photo Atbntn ef
RAWHIDQ
.1 1:
The city, district and Its -' rr'
Also toooitraolilcnl ninp f
rreat mlnf-ral belt, whi.-h '
1.608.000,000. Th ft fi
curate lltratre i-f Neva
tidtied. Also full l-if'rii.M.'
tlie cvnsolula fm ft t"
end (" !tftrli-t --
the He - ''