' THE ( OREGON SUNbA't JOURNAL," PORTLAND,' SUNDAY - MORNING,-' MAY 17, 1908
11
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I, a ;
) Latest Market Reviews ,
r i ' i 'I jp.ii . i ii '
ATTEMPT 1 0Ff EASTERN
EGG HANDLEES ; IIKRE:
'FAILS TO MIX OREGpXS
With the Trade
KNOCKER'S CLUB
GS
I. J-' .IT n
1 jf . ' ,
r,
Extern IlHndleiVIIcrfc
il. -Jri-nl-
V'l
n5
-i
'rfty flyman -.H, iCeh'en
Ifyettf yaV thia .tfine.thelre la n
atremn? b'v, a.' oerthlrf clloiie eastern
itfempt
egjr handlers. mr (ftpd hci( JUUes' to
ruUfl htpuUtlohf th'ft quality Of
oAnrwpriHtUaea eggs I-1 i ,t'M
ledrfc tn4VtrK. ofgjBegorV a Mot, between-
f thV yesBtarted'qv.rlng :;the
pajrt wesk"but thus fa? baa proven n
ucriL owing to. 4b- tmblielty- give
thjtf from fxt ti'mtyi stages- by tfhe
journal ? i '. , v' , I f
thli-chem- to reclti''ttie:"rpulatlonr of
OtOB'ksy('VojiJl undoubtedly put, at
tew )ioIitirpwiiQ'pcKe(tooks or tnoe
her0yfjr yar Jt,-wflttrr mean more
One it tjl. c Ifvef wy th RhOcker
hav ;Of, doing , their IworW- la : to tat
laM-the itrthut When. thy racl
the) VHy 'the commfaston hoOn" ' tak
iiut 4he ;heat nualltv. .Cor miaraire am
Dutvthn renialnlni alowlT'Of oortaUaJlty-
not-flurhaj Qrefon gea ,lB th-(tfocvry
Btof. Init woula ,tsk for tha eastern
Ktia la ' vf6tXwhjifc, - the astrn egrg'
tianDJarir areTiraymg ror ana tney r
-nHJinB i&Wft' DiiWIct Ion-'they , can .1 n
TbaXJIrttCO iffa are vr lust , aa, (frtod
1rsron 4ga are vr Just aa, wrt
e4i'.' b prducefl anywnera
ouniHtr eAo..' ba produced anywnera
liafi.een told, and retold" tlma an4' time
nfdria by peftROrtr fact, not avi
export an ten an trwgg rxnx. a
eaatclrfl p'tu'.Vnor it te put-tn the case.
To bi- avwa tni eeat ar morW carefully
K-rided tiir. trmiftasf BildcHe -Mf
Fhati lier-traUi' tie, br.0W fgga: helnl
toaeinar and tne svacioua aizea aesre
Irakoh-'fionltry,-and e Industry
nneds njoj:carefuV. aupcyvlaltr in the
vaekntt. lflrttna and, uhlppln f easra,
lut jlftwh- e.thwe ba better tjuailty
mnriyni nra-p.,: r Hrnnin cnnoi
tlona . muohr .hetur than anywnera. elme
In the country there aeema no rood
reason whv If anv nlace waa to pro
duce the best eaira that thla place
anould nor be tirenon.
EGGS FIRil AXP HIGIIER.
Attempt to Hurt Imputation Only
Sf-n-ea to Help Market Along.
There were very liberal auppllea of
, dreaaed meata rn the local marKeta aur
ina the nasi week and the trade was
ao well filled that It did not care to
Viuv except at a reduction In values
Thla Included both veal and hog al
though In the latter market the pressure
waa not nearly eo severe.
The run of flah In the Columbia river
continues vpry maJl and local arrivals
are nominal. . Few of the canneries are
oneratlng; at all and' cold storage
rilanta are helne run at a loss.
Tree1 eg market 1 firmer 'with higher
prlcea mllnar notwithstanding the at-
teftipt or the eaatern ,anaiej-a to nun
the rraalitv. Receipts ate quite fair
.' . . . a a i i . . '
i Thicken market la "rathe dull al
! thourh nrlcea were not shaded from
the figures jthat-uled a week apft. How
ever receipt-- during the weR were
futlv up to the., requirements of the
trade. (
freamerv butter market la steady to
flam at an advance or lc the past
wek. Supplies are IncreaslR" and there
has been a disposition amnna some
makers to cut their price a fraction In
order to keeo- the ehannl of trade clear.
Cheese market is holdlnr ateady al-
trrtugh prices are flown a rrnctlon. Al
though supplies; are, somewhat more lib
eral, the extra demand la taklpg care
of holdings oulte well.
BEST HOrS ARE SfOVrtG.
t
ForefiTiipra Are Buying Afl lRV Will
Bell at .These Prices Just: Kow
There was a fair showing .of xuslnest
I. 4LL 1. h .1. . I V.
foMlgn account ajirt In most Instances
tha lots purchased were or beat quality.
Europe Is after eiir best hops and is
willing to take all that remains beeauso
of' the very low figures ruling.
The hop market In general la quiet,
howevert but the short sellers are mak
ing eery effort to ' boost prices at
tha moment In order to force the rrow-
ers to cultivate their yards. These
same dealers who are telling the grow
ers to nut their yards In shape beennse
t of , the prospect for higher prices and
! a greater demand, are themselves sell-
j Ing- all the hops they can possibly find
j a tlace for at 8 and 9c a pound f. o. h.
Portland. Of course they are not tell-
1 Ing the growers this but they are mak-
i Ing these offers direct to the buyers.
! Hops are very backward In growing
j this season: Uie unusually cold weather
, fof this period hqldlng the vines In
i check. The yards do not present the
name good appearance of several weeks
: ago and unleBa the weather changes
; tha prospective yield will be conslder-
aby Increased. ,
MOHAIR AM) WOOL DOWN.
Top for Valley Wool Is Only 12c and
f. Most of It Brings Only 10c.
Both mohair" and wool prices are
lower owing to the smaller demand
WMln one nool was recent lv sold at
UUc for mohair, this value is believed'
t fce V4c above, the market and local
U buyers are not offering over that flg-
Wool Is down to 10 and -12b a ponnd
fo valley stock with the trade not anx
ious to buy even at these figures. There
Is .much complaint from buyera re
garding; the use of sisal twine in tyine.
wool, and hereafter they say they will
not purchase slsal-tled wool at any
price. It is claimed that the sisal is
very , hard 'to remove frsra tha wool.
r ,
FRONT STREET REVIEWS, ,
I
Brief Mention -' of Many Lines of
iii Trade for the Past Week.
A decline of 14c In sisal and Ue
Manila rope was shown this week.
ic In
Receipts of local strawberries were
shut off the latter part of the week
owing to the rains. Price lower the
first of the1 week owing to larger sup
plies. California berries not as good as
local fruit and will probably disappear
from the market within a short time.
Heveral nsrs of Bermuda onions ar-
7,rited ,durln; the week and found a good
71nlnand because of flna nunlltv. r.ower
prices, however. Because of tha poor
quality California red onions are, dull
with prices considerably lower. Bet
ter' quality promised next weak, .gome
expected from Walla "Walla abort. -
Asparagus market Is tn fins shape
because of the small offerings by lo
cal growers. . Supplies were. held back
by vool weather. Only a? small amount
coming from Walla Walla or the south.
Hereafter Front street commiaslon
housea will (Close their doors at 3
'clock Saturday afternoon. ' 7
Rhubarb' Is in. so liberal supply that
stales have been made during tha' past
few days as low as 1 He for good
tfcir .-,.iv U .t j ,vl- j.-vv- - h, iv v -
Jmaad ron potatoes from Arlxona
price, up iff and 16c, par Jlundfe pounaa
(luring ."theweek.' Thla. U Jselleved t
ba tha top..,' v - , f: ij ... ( ..y v ; :
y Tlouf t Birie't "la miletl 1ocallV':wlth
prl maintained. At adVanoa ot-Wa
per - earre la mu u export ' graaea
!' Miystnff ;ta , firmer," jrlthj.anorta, "ad
Tnod '0a a -..ton. .'; . .,w" .: -V
tohtfctreeti Ba'liaA't-,'tlie followloif
fpr1ceai;;,'Thetai'!d,liJppt ar Uas,
regular 'paran)laalQnv. M,
"'WHEAT'-Pdartl l f Tf ade crub,
S'cj- Woaatem.Sloi: f a(i SBjicf Wlllam-
eii vfiiey,c ouaneir . vy' V - -
ti atralehtdi , 13.86: eiporraj 13. 60S
S.7:;'Vaiere'$4.4 :. grttianf. ? M45;
MlUfcSTVFF6 HSoard' ofv traHfc-,
ran., $26;.' mttidnnira- . ffOV. 'shortaJ
i.uo p.wr, vutftri r.uv :ncr." Kvit
'WiHamtte"BUey.fancjr UiV. 0rdrh
ary; tl i.69 II ; eastern Oregon. -1 1 n
Hit BiKatl, Wiatej . clow. SieHi
BAHlV fS'oard ef ! trader Feed.
1344(0,; Tolledi iJT!8 brewing. I2r -
'OATS-Board of Trade-Nov 1 WSiltp;
If i nvaii; ;grgyr ..aa;r jnqr.fon. . ,,
: CHITTlk BABit-mltml- '
.' BnttarJ'Xggs anaV PeWtrr.. '
GUTTER !faT bellrerr 1. 0. "b. Port-
lahd; sweet reacri,' -2He; aour 2QUC Jb.
BUTTER f-r Extra.; dreamery. Ur,
: EGGS-Extra fgncy,i andle4,. i9cS
- CHEESB-rFutl cream: f hits. 14 & U Me,
half eklra medr ISO' Jb : Young Americas.
isP'f per i ; -vanrornia. xoung Am
ericas; IBs: flats. le lb. V ' "
POULTRY Atlxeii . ehlckeaa. ' vlJrt
144c lb; isuUyt hens, U 15e;f ODlters,
old, ''10';per vlb; fryers, 2026o lb;
broilers 20Mo' lb: gaeso, old, 3ehlb;
1920e lbt equaba, 92.60 doien; pigeons.
tUSt dozen dressed poultry, llo
.B0M.1 Wavl iti TXlflns.
HOPS 1897 crop,' first prime, SUc
prime, 4Me; meditim 10 prime. 4e; m-
oium. 4C id: ibub rroo. Uiiiur lb
eontractaXl0.- gSHo lb.
vywMU-i-ius Willamette valley, 10
MOT ATT? H.lS-lMnmln.l tl
. HllJE87try.aifres, 12M13c lb; freen
4Dfic:. CaJvea. arreen. h&lc: klus 6c lb
bullsV irreen: saltf 1U AiUn lb -
SHE3PSKIN w'Shearlng. JOlSe
faonyeiton'srotiLisfceTyi. rjjec !
Wool, 60off ,ach; -long wool. 76c
iUt (ten. . f--ir - '
ALMiff'rteJi fmi iw. 3i?.
ijS. a fittq grfS,-ZfjlK. v .
' Traits acd Tegttlaa- ,
POTATOES SalecL.rtc. selllna: buy
ti ' U'JIl.MAft. ... 1 ..... r, t ct. T... ., r
Multnomah. kiud Clackamas, KOfflBftc'ner
cwr; sweets, J&4c; new potatoes,
"OrJlOKB-BerAiudaJ4 12,60 rper la b
erate; 6-crata luf,' 12.25- per'Trat",-val
trornla red. 12.75 per cwt: rarllc. 2ip
lb. .
APPLES Seleot, $3; fancy, tt.269
2.50. choice. 12.00: orrllnsrv II. B0.
FRESH FRUITS Oranges 13.000
j.dv; Dananas, vc per id: craiea, i.c;
lemons, 133.TS box; vrapefruit, t2.SbS
3.50; plneappLps, I4.6Q a 5.60 dos; straw
berries, California, 11.6001. 65 per 16-
vGuisTAbiitB Turnips, new Oregon,
uwc ouncn: oeets, i.uu saca
parsnips.. S6cQill: cabbage. 11.762
tomatoes, Florida, $4.004.50; Mexican.
z.(O02.i; beans, uttfizc; cauliflower.
uregon, t ) jer dox: peas, Oregon, 7 4i
8c; California. 66ci horseradish, tm
10c !b; artichokes'. 50ti75c doa: irreeu
nnlAHM 1 Vkn if9 r u KaII ) Art -
"hlle, l'Bc lb"; hothouse lettuce, 76c$1.26'
oox; neao lettuce. Zftiauc aoa; cueum
bers, hutUouse, local, $ l fft 1 . 50 dx; rnd'
lshes, 15e ilox. bancnea; rhubarb, Ore
gon, 214; celery, ( ); cranberries
eastern. J9 10.56:- ebrouts. So -lb: as
paragus, Oregon, 70ra75c dox bunches;
Walla Walla lift 1. 25 box: spinach. 80
rsto oox; gooseberries, l&c; egrr plant.
Orooaiics. Ha. XTta.
SUQAR nalifornlal A HlnlUn It.
finery Cube. J6.K0; powdered. 1166:
berry, $6.45; dry granulated. 16.46: XXX
granulated, $6. So, conf. A., $6.45; extra
a., ., goiaen u.,' o.au; u., jretiow,
$6.75; beet granulated. $6.26: bar
rels, 16c; naM barrels. 30c; boxes, bto
kuyuuca uo sc.s . '(
(Above prices are 30 daya net earn
quotations.)
COFFEE Paokage brandail6.60.
Air Lduu naif aroaiia. 130a.
IH.00 per ton; 60s, $11.60; table, dairy
60s, 1.W; 100s, $1.00; bales. $2.36;
n:iuria juiTsrpwoi, bus, iw.tf: w's.
ttx.vwi s.vv, e&irs xiae nBrrvfa, iSj
s and lus. $4.t0tt.6tf: Uvsruool lums
rock, $20.60 per tan. I 1
luau car ota i;ar iota ai special pnoss
uoject to rlurtuatlons.) .. ,
FUCK ImcHrlsl Jsiian. No. 1. Im Ki.
X Mi 050 New pj-leana. head, tfco;
illSAMS Small WllltB, $4.75;
large
Liimas, o.so;
Mexican reds, -t
feanuis. jumoo, ic par lb;
Co par lb; roasti 4a
uwml f eittc: roasttxl. tUi
per lb; walnuts, CalTforula, lo oar1 is;
ine nuts, loo per id; nicaory nuts,
Oo per lb: brasil nuts. 16o per lb: fil
berts, 16c per lb; fancy pecans. ltf3vt
tr lb; slmouae. iso.
Maaia. flu saa ProTlsUwsw
DKi-iSrfli.Li aiEAiTB rroo I ktrett
Hoga, tancv, kc lb; ordinary, 7 43 He;
large, 6uv6c; veal, extra, 7Htc per
II.- ... .. .... r I, '1 . . t0 r IK' hAO.'V
6Vi7c per lb; mutton, fancy, liiio
per lb; spring lamb, with pelts. Itlu;
without Dolts. 11&X14C.
r hams, bAOON, nic Portian.1 pack
(local; bams, lu 10 u ids ioc per id.;
14 lo 16 IDs., 14 toe per lb.; 1$ to .0 lbs.,
14Vkc; breakfast bacon. 144j'3.o per
lb; picnics, 10c per lb; cottag roll. Ho
ID; regular nurv viuri uu.sa. li feu
uer lb: unsinukcd. lUHc per lbi, clear
backs,' unSmoxtxl. lOftc; auioked. lliio,
union butts, tu to ju id, unsmuaau,
12o per lb; smoked, 13c per :b; clear
bellies; -unsmoked, 13c per lb; smoked.
14c per id; Boouiuers, n ur le;
pleklea touguca, oo ssch.
LOCAU LAitl Kettle leaf, 10a. 12o
per lb; 6s, 13T.C Jr lb; 60-ib tins, 130
per lb; steam rendered, 10a, lllto pur
lb; 6s. llu per lb; conipouuu. lua,
c per lb.
Ibtl noes coo, it c iu; tiounaers.
4c lb; ballDut, b6c per lb; striped
bass, lu per tot cm run. lie ir lb. sal.
mon, chlnook. c 10; Diueoacks, c lb;
iteelneao, c id; nerringa, oo id; soiea,
o , per lb; surimpB, lo per
lb: pefen, Co p.r lb. lumcud, lie per iu,
lobs'.ers. Zo pet lu.; iresa mackerel, sc
per lb, era us a, i toe per uoxn; siur
itan. 12 "c per lb: bmck buss. 30c out
lb; silver smelt, CO 7c per lb; sturgeon.
13c lo; DiacK coo. io ic; craus,
11.00421.60 doz; shad. 2C: roe shad.
tic; shad roe, 12c lb.
UlblGKA uiiiMUwaier nay, per gal
lon. $3.6o; per lOU-lb sack. .00; Olym
pla, par gallon, $2.40; par 400-lb sack,
$6.o6tf4.iu; Kagla, canneo, 0o can; $J
dosen; sastero in afteli. $1.76 per buo
dred. .
CLAMS HSTdanelL par pox. I14:
rasor clams. $1.04 per Boas lac pcr-dos.
mints, Ooal OU. Cta.
ROPE Pure manlla, 12c; standard.
11c; siaal, Wc; 1. B. sisal, .c,
Iron Bbla.
Case
ka Wood Bbla,
Water White . 10 Ho
i4to
marl UU
Head- Light .. IX too
Eocene
bi eclal W. W.. 14 4
Elaine .
Extra Star ... .....
18 6
l Ho
Ii e
sets
18
18
11
Qasollne
Iron Bbla
Cases.
lltoe
"toe
2WC
7Vk
14 a
V. M. and P. Naphtha ...12 too
Red-Crown Gasoline. . .j. too
Motor tiasoline ......... 16 too '
84 per cent Osaollne .. .14 e
No. 1 Engine Distillate.. o
BENZINE 88 des- cases. II Uo Per
gal; Iron bbls.lttoc per gat
TURPENTINE In cases, 7 la per gal;
wood bbla, 63c per tat
UNSHED OIL Haw; bbla 48c; cases
CSc; boiled, bbls 61c; cases 67c gal;
lota of 3e0 gallons lo less,
- WHITE LEAD Ton tola, 74o Mr Ik;
404-lb'leta. 6c per lb Ims lots, $to -
1MRE t4Ail Preseat basts at $344.
whole. whaat 4.4; ry toa, tb.eUi
I
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Tl C03IEON;0
' r--vt. -f - . v - ' '
. i 'iii ' . ' . . . . WT.y
:-V!;--i(-- ' - V
BRING IN YOUR COMPETITORS, TOO.
RULES GOVERNING
ON PORTLAND
't, ..-
Tha" following rules 'governing "the
buying. and, seeing f grain on the'Port
land board of trade were adopted by
tW 'grain committee, approved "by" the
board p.f, dlrjiclors Iay 7, and confirmed
by te gralh interests of the board of
trade May 15, 1908:'
Rule2. section .1 Grain standards es
tablished by the Portland Chamber 'of
Commerce drain Standard ' Committee
shall govern all transactions.
Rule J. section 1 The committee on
grain maj' with the approval of the
board of directors, provide for an In
spector and such assistants as may be
nei'esaarv. In the meantime the inspect
or of tho Portland Chamber of Commerce
alia 11 ba the official- inspector ana
weigher of the grain department of the
board of trade. The grain committee
shall have supervision over the chief
tnepeotor and the subordinate inspect
ors, regulate their salaries, appoint and
discharge, and issue such Instructions
as may be deemed proper.
Rule 5, section l. tne inspection iees
shall bo fixed from time to time by the
committee on grain; they shall be col
lected by the secretary of the board of
trade In such manner an the committee
may designate. The fpe fixed . under
those rtlles shall he two (2) dollars per
car for lnapection and one (1 dollar
per car 'for checking weights. Any
country shipper can demand official in
spection, by the chief Inspector of the
exchange at his own (ahipper) expense.
In such cases notice must be given to
hj ivinalirnM at the time of shipment
and expense of Inspection Is to be -settled
by the receiver for account of tne
shipper.
Rule 8. section 1 The duty of the
chief Inspector shall be to supervise the
.,! w.i.hinr nf o-m I n whon
requested, and he shall furnish eertlfl-1
cafes of Inspection when desired. He
shall keep or cause to be kept In a
book provided for that purpose, an ac
curate record of the kind of , grain re
ceived and delivered. m .
Rule 7, section 1 Certificates of In
spectlon shall be issued according to
a-rsita. When reauested. Inspectors shall
not issue certificates for grain "on ship
board" unless the quantity called for
by-.tha certificate is. complete ana nas
beea delivered under the supervision of
the Inspector and refcordedl All eertlfl-
the inspector ana recoraea ah certui
iti shall he slaned by .the chief in
spector and countersigned ,by the secre
rv nf thl hoard of trade. - who has
authority' to overrule the grading of the
other inspectors subject to' an appeal to
the grain committee. V
"Rule' "S. section 1A11 omplaint In
regard to the grading or classification of
grain snail oe reierrea 10 iiih vuicf in
spector, or during his absence to the
assistant chief and a re-lnspection
called for whether tne original inspec
tion be sustained or reversed, an appeal
can be made to the grain committee.
The decision of the grain committee
shall be final.
Rule 0. section 1 If required by , the
purchasers all tenders of grain "on
Mp-ooard must oe Hci-umpann-u uj
an official certificate or inspection ui
the exchange. The cost or inspection
to'be'T-a.l'l by the seller. Re-inspect!' ,
when. "demanded, shall be at the cost if
tha party requiring the same, providing
th: nrisnnai inspection is iouna correct
otherwise the party in error shall pay
the expense.
Rule 10 In case of sales made f. o.
b- vessel or cars loading within a given
period, should buyer ran to tenner nis
tonnage wunin ine supuiaiea iimn, n.
hall devolve upon the seller to make
proper tender of the grain in ware
house on the last cay or nenvery. it
shall he further Incumbent upon tho
buyer .to pay seller for the grain within
banking hours on that day.
Rule 12 Grain must be delivered In
sound sacks and In good condition (un
less otherwise specified at the time of
the sale).
Delivery of araln slightly Inferior in
quality to selling sample shall not war
rant a rejection. ine gram tenoereu
must be accepted and proper allowance
made for difference In value due to the
light difference in quality. Delivery
f Brain more than slightly Inferior to
the selling sample shall warrant the
buver in rejecting the tender.
ir parties to a sale cannot agree as
to the proper allowance to be made for"
the difference in value due to a slight
inferlorltv In the tender, or If thev are
at variance as to whether the difference
between the selling sample and the tender-
is sufficient to warrant rejection,
they shall submit the question to the
committee on grain. That committee
shall have power to find that the differ
ence In quality was sufficient to war
rant a reieetlon f the tender: or that
the difference waa not sufficient to war
rant rejection, and that the grain must
be accepted by the buyer at a certain
specined allowance, iixefl py tne com
mittee. Tn event of the committed find
ing the difference in ouailtv was large
nough to warrant a relectloa, It shall
be In -its power to find that the sale
shall be filled by replacement of grain
of proper quality- or that the seller
shall become liable to the buyer for
damage In an amount represented by
the difference between the price of sale
and the price prevailing at the time of
the tender. Any damage so determined
shall become due and payable Imme
diately. .
On a delivery of grain trie tender of a
higher grade of the same kind than
that contracted for shall be deemed
sufficient.
At isny time a car Js delivered the
seller may at his notion have one o'
more representatives to sample and
weigh the grain while the car Is be
ing discharged. .
On-dclirerter or grain and grain prod
nets where definite quantities are not
mentioned the word "about'' - shall be
eonstmed tt mean A variation of five
r cent on lots of 100 tons or less, and
EN'f LEHEJT
GRAIN SALES
BOARD OF TRADE
. i .....
two per cent on quantities lb excefis
xjf 100 tons.
" Terms of psilTe'ry. ;
' Rule 13 In grain sold' to arrive seller
has the right to make delivery (within
specified . time,) by separate tenders,
each tender to be treated, pdjuated and
settled- separately.
On, sales of grain "to arrive" Where
nothing Is mentioned, a to time of de
livery, it shall mean that the grain Is
to arrive or be ready for delivery with
ing 30 days from date of sale.
Where grain la sold for "prompt ship
ment" it shall mean that the shipping
receipt or bill of lading must be signed
within 16 days, and the date of said
document, in absenre of proof to con
trary, shall be considered proof of ahlp
ment. Where goods are sold on track for
future delivery, 90 per cent must be
paid on demand upon shipper's weights.
The balance to be settled for when
weighed.
Unless otherwise specified and agreed
upevi at the time of making the trans
action, all sales of grain and grain
products made between members of tl)e
exchange, shall be understood to be for
cash on delivery.
Rule 14 All notices under theeie
rules must be serveiHn writing at the
place of business of the. member. In
case of his having no regular know.n
place of business, a written notice left
with the secretary of the exchange shall
be deemed sufficient. "Every member
of the exchange must notify the secre
tary of any change of his business
address.
When any member shall order sates
or Purchases through the secretary for
"account of whom It may concern,"
they shall give their order In writing
to tne secretary and state therein who
. the Interested partv is. a
1 give official number of
nd if possible
f contract or
contracts i in i question, and the party so
interested shall be not! fed of such pur-
chase or sale by the secretary.
Whenever a written complaint shall
be filed with the secretary of this ex
change . by any member of the grain
department, deeming himself aggrieved,
charging that any other member of the
department has failed to comply
promptly with any contract, either oral
Or written, wlileh he has entered into
In the 'connection with, or by virtue of.
his membershit) In this exchange: or
that he has neglected or refused to com
ply promptly ,wlth any award of the
poara or arbitration committee, rendered
In substantial conformity to tho riiUs
and regulations; or that he has refused
or neglected 'to submit to arbitration
any matter or difference arising in any
transection- Into which he has entered
in connection with, or by virtue of,
his membership in this exchange, It
shall be the duty of the grain com
mittee to consider said complaint at
any regular, adjourned or special meet
ing ot said committee.
The person making the complaint and
the accused shall be given at least six
days', notice In writing prior to the
meeting, to attend the am-. if the
charges made in said complaint shall
be sustained by an affirmative vote of
not less than three members of the
grain committee, the member so found
to be in fault shall, by virtue of such
vote, stand suspended from all privi
leges of membership In the grain de
partment until the matter complained
of shall have been satisfactorily settled
In the Judgment of the grain committee.
Should, however, the gravity of the
offense be deemed such as to merit ex
pulsion from the exchange, the grain
committee shall report the facta of tho
case to the board of directors of the
exchange. The member In fault may
be expelled by vole of two-thirds
of the directors considering this com
plaint, provided, however, that no mem
ber shall be expelled exrept by the vote
of at least seven directors.
Rule 15 The commlltee on grain
shall constitute a quotation committee,
whose duty it shall be to establish
dally quotations to be placed on the
blackboards of the exchange; such quo
tations to become the official market
prices of the board of each day.
Rule 16 Members only shall be
allowed to transact business on the
floor of the exchange.
LO. R. & X. PLAXS
DEMOXSTKATIOX FARM
4 Pendleton, Or.. May 16. Ac- 4
4 cording to reports of officials 4
4 the Oregon Railroad A Naviga- 4
4- tlon company will likely estab- 4
4 lish a demonstration farm of 4
4 320 acres to work out the prac- 4
4- tlcal ideas offered the public in 4
4, the series of lectures In Wash- 4
4 ington and Oregon. Enthused by 4
4 the splendid success of the third 4
4 demonstration train, the com- 4
4 pany expects to carry on the 4
4 good work. 4
4 4
GRAIN IN SAN FRANCISCO.
San Francisco. May 16. Merchants
Exchange prices:
Wheat May, $1.66 to; December,
$1.67.
Barley May, $1.48; December,
$1.33.
Cash Wheat White Walla Walla.
$1,70; red Russian. $1.67 to I, turkey red,
$1.76; bluestem, $1.73.
Cash barley No. 1 bright, $160;
brewing. $1.60.
Cash oats No. 1 white, $1.33.
Millstuffs Bran. $J1.50; midUllB8$,
$34; aborts, 131.60- per ton.
WEATHER HITS
' HI PRICES
tfine Growing Weather and
Poor Cables Add to Pres
sure in Chicago.
e44444444
4 BLUESTEM WHEAT SCARCE.
4 .There Is a great scarcity of
4 bluestem wheat in the Portland
4 market and In, consequence a 4
4 premium of 4c a bushel was of- 4
4 , fered for a supply of 200 tona 4)
on the board of trade yesterday. 4
4 ' The regular quotatlens on the .
4 board of trade is 91c for blue- 4M
4 stem, but one miller Was so 4
4 anxious to secure a stock of No, 4
4 1 wheat that he offered 95c a 4
4 bushel for a round lot. His 4
4 offer was not accepted, for there 4
4 waa no wheat for sale even at 4
4 that high figure. Other grade 4
4 of local wheat are firm and 4
4) higher for the week following 4
4 the sharp advance abroad. , '4
4
- CHICAGO WllEAT VALUES.
Open. Cllose. Mav IK. Loss.
May 99 U 100 100i 4'
July xa 8i 4
Sept 86 85 V '
(United Pre Leaied Wire.)
Chicago," May 16. Good Weatber for
growth of everything fr6m the groun-1,
Started wheat lower again. There was
no assistance in the cables to help
prices and receipts at Minneapolis and
Dulu'th were larger In proportion to
those of last year than has recently
been received. Liverpool futures were
from Vid to d lower. Trade was of
tne same local character as of late,
and no great volume at that. There
was nothing In the lato session on
change, .the bearishness existing earli
er.
Only a small trade was done In corn.
The Influence of the May corner was
aetrlmental to speculative activity.
Prices the first hour of the session
were very little changed from what
prevailed at tne end or yesterdays
session. Liverpool reported futures Id
lower. Sample market offerings were
ausorned at previous davs prices. May
at tne close was c higher, July made
some gain and September was belter
to the extent or He and fec.
Business in oats was of insignifi
cant extent, with feeling Inclined to
tne near side but courage lacking to
go up against the bull leader, except
in a small way In the July and Septem
ber deliveries. It was very dull in
the provision market, although there
was a falling off In the hog move
ment for the day, the large number
marketed during the week still was In
mind. The tendency or prices was
slightly downward but offerings at the
deoilne were light.
lash sales:
Wheat No. 2 red. 99V4o$11i; No.
3 red. ft&SKc; No. 2 hard, 99c(rf
$1.03; No. 3 hard. 90c$l.O3; No. 3
spring. $11.08.
Corn No. 3. 7373Hc: No. 3 white.
73c; No. 3 yellow. .3973 toe.
uats No. 3 white. tWb3c; ,o. 4
white, 600620.
Range or prices:
WHEAT.
Open.
High. Low. Close.
100 99 100
S9ii 88 Ts fi
86 ' 86 85 'i
CORN.
6 65 i 66
6.1 H 63 62
OATS.
45 V4 45 1, 45
37 to 37 to 37W
May
9V
July
Sept.
89
86
July
.. 65 to
. . 63 to
.. 45 to
,. 37to
Sept.
July
Sept,
MESS PORK.
..1340 1342 1335
..1365 1367 1360
July
1342
1365
Sept.
Liverpool Wheat Market.
Liverpool. Mav 16. Julv wheat closed
at "a 6i, a net loss of d from Friday.
Chicago Cash Barley.
Chicago, May 16. Cash barley 63
76c.
Taoonm Wheat Market.
Tacoma, May 16. Wheat export: club
86c; bluestem 88c; red 84c.
WEEKLYSTATEMEXT
OF NEW YOiff BANKS
New York, May 10. Weekly bank
statement:
Members dally average cash reserve,
30.06 per cent: reserve, increase. 8723.-
776; reserve less V. S., decrease, $1,143,-
1 lb; loans. Increase, $4,777,600; specie,
Increase, $676,000, legal tender, increase.
$1,621,700; deposits. Increase, $5,896,700;
circulation, decrease, $131,400.
Members' actual cash reserve, 29.88
percent;' reserve, decrease. $3,111,600:
less U. 8., decrease, $4,508,375; loans, in
crease, $10,965,200; specie. decrease,
$274,000.
Noi-members' loons. Increase, $8,805,
300; specie. Increase, $1,150,800; legal
tender, decrease, $176,200.
Total deposits, increase, $10,301,000;
total deposits, eliminating other bunks
-nd trust companies. In New York City,
Increase, $1 20, 808, ("00; aggregate re
serves on deposits. Increase. $1,600,700;
percentage of legal reserve, 32.30 per
cent.
NEVADA MIXING STOCKS.
Ban Frnnclsco. May 16. Noon clos
ing prices:
OOLDF1ELD DISTRICT.
Sandstorm 26c, Red Too Ext. 12c, Co
lumbia Ml. 17c, Jumbo Ext. 31c, Sliver
Pick. 18c. Black Butte Ext. 2c, Atlanta
21c, Grfat Bend 33c. Florence $3.67 to.
Diam. B. B. Cons. 17c. Comb. Fraction
54c, F. Mohawk 15c, Red Hill 21c, Lou
Dillon 2c. Yellow Tiger 11c. Yellow
Rose lc. Col. Mt. Ext. 2c, Goldf. Cons.
$5.66.
BULLFROO DISTRICT.
LIge Harris lc.
TONOPAH DISTRICT.
Ton. Nevada $7.96. Ton. Montana
$1.62to, MacNamara 26c, Ton, Belmont
$1.07to. Ton- North Star 12c, Jim But
ler 28c.
. MANHATTAN DISTRICT.
Little Jo 2c, Granny 60, Jumping
Jack 4c.
SCATTERED DISTRICTS. '
Nevada Hills $2.20, Pittsburg Silver
Peak $ 1 2 7 to . Ea gles' , Nest 12c ; -
BOSTON COPPER MARKET.
(Furnished by Overbeck & Cooke Co.)
uoston, miy 1 Tr1"""" prtces:
Adventure . . 2
lOld Dom.
86to
Alloues SO
Atlantic 1 to
Cop. Range . 73
shannon . ..,
Tamarack -. ,
Victoria ...
si
dodi, tjopper. 1 f
W Inane,
c Kiy
8 to 1 Wolverine ., .187 T
Gold
H
UU
S Hutte Coala... 25 to
Greene 9 I Trinity . ,,.. 14
Aticnigan ... . nuea
Mohawk . 68 Parrot-
Nev. Cons. .. 13to!Nippisslna- .. 7
No.'Butte... 66 jMass. i,, .... 3
Cal. Hecla.170 (Osceola '...". 0
Bingham .... 60 (Qulncy ...... 84
Glroux 1
STOCK TWET
SHOT UPWARD
Advance Is a Harriman Af
fair Entirely Advance
to Save Big Ones;
(Hearit News by Longest Leased Wire.)
By Thomas C. Shotwell.
New York, May 16. The stock market
rushed on upward toda,y, nearer to the
catastrophe of higher markets.- The
promise in for a wildly excited market
next week. A stubborn shoit interest
refuses to cover and some of the great
est financiers of the United States are
plunging on the bull side In the hope
of advancing stocks to a level at which
they themselves -can liquidate without
severe losses.
It Is a Harriman market from begin
ning to end, but great as the advance
has been not a dollar of profit is shown
yet for the aggressive party because
they bought their stocks laat year far
above the present levels and took such
iaivere losses during the panic that it
would be impossible for them to liquid
ate at a profit.
On the other hand the Morgan- party
Is doing nothing except selling a few
thousand shares now and then of the
stock purchased at the bottom of the
panic. No opposition Is being made
to the Harriman campaign but the
losses are being scrutinized with ex
treme care for a disposition is grow
ing on the part of those in charge of
the market to spread out and accelerate
Kubllo opinion by wild advances in the
ope of being able to unload before
the thing that Is inevitable thla sum
mer comes to pass.
Attempts or the bears to make cap-
Ital
uuv 01 uie expuri gmu ih ui no
avail, because there is such an abun
dance of the metal. The banks are In
particularly good shape In regard to the
gold because they have been enabled to
transmute nearly $60,000,000 of bank
notes Into gold because of the col
lnpse of the local force in the bureau
of redemption. The unreasonable ac
tion of congress In deliberately leav
ing the country at the mercy of the
panic-makers by refusing to provide for
a safe currency system is a danger point
of the situation. If congress were anx
ious to cause a wild panic and wide
spread ruin It could not promote such
a thing better than bv doing exactly
what It is doing. Cotton advanced fur
ther and wheat was fractionally lower.
X)n the curb market the copper stocks
were strong and active under Influence
of the bid for Cumberland Ely and
Nevada consolidated.
Discounting the Future.
(United I'reu Lriwd Wirt.)
New York, May 16. In explaining
the week's renewed advance on the
stock exchange there Is little to add to
what The Journal has said for a month
or six weeks past. The market luis
tieen discounting at rapid strides a sat
isfactory ending of next month's Repub
lican convention. It has been discount
ing a favorable outcome of the crop
season, and most of all It has been
discounting the stimulus which Is felt
which Is bound to give to general busi
ness by these and other hright features
now in view.
There Is no need of emphasising
what It means to the recovery In the
Investment markets to have the choice
for president upon a man of Judicial
temperament with a record for conserv
atism and fair dealing in the past.
In the financial district there Is a
widespread confidence which certainly
did not exist at the outset of the year,
that the nominee of the Chicago con
vention will he a man of this type and
that he will be elected next November.
Return of good growing weather af
ter the unseasonable cold a fortnight
ago has been a welcome incident of
the week. The facts as they now stand
are that the winter wheat indications
are for an exceptionally large yield,
that the acreage sown to this and other
crops Is unusually large, and that farm
operations are further advanced than
they are ordinarily at this time of the
year.,
Stock market values:
O
a
X
v
DESCRIPTION.
Amal Cop.
Sugar
68
1304
28
80 to
92
88
68H
131
28 to
52to
92
88
102
84
93U
159
67 to
130
2680
92
38
6 8 to
131
Colo. F. & I. .
28
61
92 to
38
Brooklyn . . .
People's Gas .
t. S. Steel, c.
do pfd
102
102
Atchison I 83 to
83to
92
159
109
20
61to
121
117
18
87
134
145
00 1
93
tau. onio .. 93 to
uan. racinc .
Louis. & Nash,
Erie
Missouri Pao.
Pennsylvania
Reading ... .
Rock Island .
Southern Pac.
St. Paul ....
Union Pacific
Am. Smelter
N. Y. Central. .
Nor. Pac
Anaconda
Southern Ry . .
Great Nor. . . .
Wabash, pfd. .
Soo, o
Smelter, pfd . .
Ches. & Ohio ..
R. I, pfd
Am. Loco
Cen. Leather .
Norfolk
Ontario
Am. Woolens .
Metropolitan ..
Denver & Rg. .
Soo, pfd
169
159
110
109to Ulto
61tol 62
tV74
51
121122
117to 118to
121
117
18 18T4
87 87to
134to 136to
18
87
135
146
77
106
137
146to'147to
77tol 77K
106V106to!106to
137V138to!137to
45
18to
24
45
4I
17
1
I
Iiiito
24 24to
USto 114to
13
113H115
99
45
39to
99to
44
88
99to
44
38
27
73V4
41
24
28
26to
26 26! 26
. .. .1134
Total sales. 689,900 shares.
WILL HOLD TSTOCK SHOW.
Elgin Men Plan a Market Sales Day
for the Near Future.
La, Grande, Or., May 15. Encouraged
by the success of the stock show re
cently held In La Grande on a market
day, the business men and other clti
xens of Elgin are preparing for asiml
lar event in their town. Report? com
ing to La Grande say that every prepa
ration Is being made to Insure the suc
cess of the show, and in addition to
the horse show proper, an auction of
both stock and other property will be
held. Elgin recently raised several hun
dred dollars to devote to publicity work,
and has lost no time in making a be
ginning. .
SHEEP WEAK IN THE EAST.
Receipts Xot Heavy but Killers Feel
Rather Bearish Just Now.
Chicago. May 14. Hogs. 10.000: cat
tie. 300: sheen. 12,000; boas ODened
steady at yesterday's close. Left over
yesterday. i,tnu. allied. f5.l5tfs.43;
heavy, $6.80 5.44; rough. $6.105'5.2J;
light. $5.16 65.40. Cattle steady ami
sheep weak. -
Kansas City. May 16. Hogs. 11.000:
cattle, 1,000; sheep, 1,000. . -
Omaha. May 16. Hogs. -70.000; cat
tle. 100; sheep, 1,600.
Sea Gull Caught in Ohio. ' '
piqus. Correspondence Ohio 81m. '
Herman Kuth and' Harry-1 Kuhlnran
captured a sea gull at Swift Rati lake
here ttday. The bird was wounded an I
could not fly and the soys caught Tt
iii the- water by means .of a boat , It
put up a tlff fight. - . --
The gull stands 18 Inches high and
measures 84 laches -from tip to tip.
Such birds -were never known .tor be Mils
far Inland before. . . ,, (
S. & S. HAKE
HEW ERA HERE
Lack of Competition ' Has
Kept Market Back Great
Depression in Sheep.
Hogs. Cattle. Sheep.
770 814 4,473
1,140 2,302 6,71t
248 779 2,06s
162 1,834 4,515
Past week
1907
1906
1905
By Hyman H. Cohen.
Portland Union Stock Yards, May 14.
Last Monday morning, bright and -early,
the Chicago oackiria firm - of
Schwarzschlld & Sulxburger began pack
ing operations in Portland. On that
day its buyer made its first purchase
of livestock in the western country. - At
me start or tne past week, the livestock
industry of the Pacific northwest en
tered upon a new era. Competition has
been practically a thing unknown in the
markets of the Pacific northwest up to
this time and although the situation has
not been materially changed as yet, tho :
fact that the big independent packing -firm
Schwarxschlld & Sulxburger Is
here, will give hope: to .livestock Inter.
ests that have been crying for a square
deal when It came to marketing their
proouct.
While It will be some time before tha
S, & S. people will be in a position- to
do much slaughtering here, the fact
that they have started killing operations
win oe a neip towara maintaining a
better market and more fair values to
the producer.
Sheep Glut Xs Complete.
The history of the sheen market
during the past week is a oulte fair
sample of what has heretofore ' hap
pened here. With arrivals of but 4,47
head here to surlv the entire Paclflo
markets durtne- the week, killers have
all the stock they need In fact their
pens are already filled to overflowing
and they caij buy no more. At ths
close of thefweek the sheep market is
demoralized, with supplies of poorly fed
stock in great numbers, and the trade
not wanting to nuy at anv price. What
the market will open at on Monday
morning Is a mystery, but everyone ex
pects a sharp Recline in values and !t :
ia generally the rule that what every
one expects actually materializes.
Even Cattle rind Ho Payor.
The depression in the market over the
arrivals of sheep is so heavy that even
cattle are not finding any welcome at
mis tune ana prices are- nareiy main
tained. Arrivals for the week were but
814 head, compared with 1.078 head a
week ago, 2,302 a year ago, 779 two
years ago and 1.834 three years ago for
this same period.
Hogs Are nrm But Vo Higher.
While but small arrivals were shown
In the hog market during the past week,
the tone was not any too firm and prices
are barely maintained. This was due
to the weakening tendency of the east
ern market at thla time. Arrivals of
hogs for the week totaled but 770 head,
compared with 1.140 a year ago, $44
two years ago and 162 head for this
same week in 1905.
A year ago for this same week there
was serious depression in the livestock
market In fact the conditions of th
past week were a duplicate of what
ruled in 1907. All values were lower
for this week in 1907. hogs, cattle and
sheep Joining in the slaughter of prices.
Offcisl yard values today:
Hogs Best stuff. $6.26616.85; China
fau. $6(96.26; feeders. $66.25.
CSattle Fancy eastern Oregon steers,
$5; medium. $4.600 4.75; best cows. $3.50
3.75; bulls. $2.503; stags, $34.
Sheep (nominal values) Best weth
ers, $4.604.76; soring lambs, weighing
,t pounds, 1&.6VW5.7&; ewes, $404.26;
mixed. $4.264.60.
Weekly Report
of Wheat Crop
The heavy showers which fell through
out the Pacific northwest during tha
last days of tha week were very benefi
cial to the grain crops, but fruits wera
held back somewhat by the downpour.
According to the government flaruren
Issued a few days ago there never was
a time when prospects for the wheat
crop in this section of the country were
so good. The abandoned area of wheat
in the state of Oregon reached but 1.8
during the winter, leaving an estimated '
area of 388,000 acreg to be harvested
nere. . , -
The largest abandoned area of wheat
lands was in California this season,
where J5 'per cent of the acreage waa
unfit for the harvest. Of the western '
states Oregon has the best showing, for'
in wasnington tne abandoned area
amounts to 4 per cent, or almost twice
that of this state.
The goyernment report gives tha
abandoned area of the various states,
with the acreage to be harvested, asj
lotiows: 7
Abandoned Remain
Acres. Acres.
Kansas 2.6 6,783,004
Indiana . 2.1 ' 2,711,004 '
Illinois 2 4 2,324.000 '
Nebraska 4.0 3.265.000 .
Missouri . 2.0 2.226,000 "
Ohio . 2 0 2,083,004
Pennsylvania 2.2 1,590.000 .
California 35.0 987,000
Oklahoma 2.8 1,147,000
Texas 4,8 , 924.000 ,
Michigan 1.5 874,000 .
Tennessee 2.9 , 814,000 ',
Kentucky 2.5 758.000
Maryland 1.0 766.004
Virginia 2.5 651.000
North Carolina ....... 2.5 668.000
Washington 4.0 449,0011
New York 2.S 448.004
Oregon 2.5 888,000
West Virginia v 1.1 381,000
All other .. 3.4 1.424,000
United States
, . 4.2 2,7Sl,(r00
Condition May 1.
10-Year
1908.
. . .84
Kansas
Indiana
Illinois
Nebraska . ..
Missouri . .. .
Ohio
Pennsylvania
California -j. ........40
Oklahoma . ....91 ,
Texas
Michigan . ........ .
Tennessee . .......
Kentucky , ........ M
Maryland .
Virarlnia . ..........95
North Carolina.. .41
Washington . ...... 97
New York ........84 .
Oregon ....... . . .91 " '.'.
West "Virginia ..4 1 f
Aw others . . . . . 90 , ;
81,1
15.1
- To Turn England From Tea,
From th-Springfield Republican '
The state of 8v I'avilo. In Rrifii.
troubled by an overproduction of efT, -has
had a company organized tn ...
duct a propaganda j on behalf 'df rnir.. '
drinking in Europe. .
'it','WlH- he dlr-vted arstnat
especially, which Is given to t rtu,-'
than eoAVe. In lindon the eoffi h.n,-.
which so flourished in the (ghtr.r.
century have become tea hmtu-o. ,1' 11
is prooably not an 4rrtwlrii t t ii
turn them back to coflte again.
1907. Av.
81 - 8T '
74 . ,- 78
88 ' 88
91 . 48
84 88 '
77 f::-'-:- 84
; 91 S "
j.n jji.. st ...
73 t
41 77
7$ . 74
: i . 84
- 88 It ''
41 : .--"to-!
tZ 89
: 87 : tl. '
;' 94 V ft
- 76 17 '
' 84 l
84.. W 40
i.