The Oregon daily journal. (Portland, Or.) 1902-1972, May 08, 1909, Page 10, Image 10

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    THE OREGON DAILY JOURNAL, PORTLAND, SATURDAY. EVENING, MAY 8.. 1909.
,10
TEE WiliS iii
TO.
SALMON RUN IS
HOT SO HEAVY
WHEAT MARKET
IS SPECTACULAR
Catch in Lower Columbia Is Advance Yesterday Is Fol
,About Ilalf of, What It
Was at Season's Start.
TODAY'S WHOLESALE MARKETS.
Egg a trifle k'f
Ilressed vral 1 easier.
Hood berries sell well.
Run of salmon decreasing.
Potato market firmer.
lowed by Serious Break
in Chicago -Today.
Bun of Salmon Decreasing.
According to advices received bv The
Journal from Columbia river points the
run of salmon la not nearly bo good as
during the firat days of the season
The decrease la especially noticeable In
. the lower river and the catch there has
dwindled down to about half of what It
was at the start. On the Upper Colum
bia the catch, while so heavily decreased
from former days, is considerably lighter
than It was. For this reason very little
fresh salmon Is coming forward to the
local fresh fish market at mis lime
In consequence prices are being held
very mm at uncnangea vwum.
Potato Market Tery Firm.
-' a firmer tone Is again noted In the
local potato situation following a sharp
advance In the price of both old and
new stock In California. The report that
some, of the river lands had been flooded
caused the calirornia aavance nu mui-
rectlv affected local rigurea. iue great
est rise was noted In new potatoes;
prices In that line being fully lc a
pound higher for the paat few days.
Oregon Burbanks are today selling In
." nan VranriRcn un to 12. 60 per hundred
.pounds and this has Induced an advance
. . rf lOo per hundred pounds In the buying
price at tiregon primary uumuv h
stated that as high as J2.10 per hundred
pour.os is being freely offered at coun-
try snipping points, -wnue me rowmi
rrlce In effect then Is said to reach
, up to 11.95 with most offers at $2.
. f ' .. Front Street Soldi Up Potatosa,
"Along Front street no potatoes, no
matter of what quality, are obtainable
today tinder IJ.J5 per hundred pounds,
and It is stated that as high aa 12.50 Is
being asked and received in a small way
for select quality.
Frost Advices Are Hot Confirmed.
; While it is stated on what ia usually
considered good authority that soma
.damage to the early potatoes In Oregon
lvias caused by the recent heavy frosts.
The Journal Is yet unable to confirm
the rumors. It Is stated, however, that
. .. the season la fully six weeks backward
at this time and every advice seems to
"put the new crop -season stttJr further
. away, ' .- :
That potatoes are very scarce everyi
where along the. Pacific eoaat Is" shown
by the way the new crop is- advancing
In the south. t,
Ug-gs a Trifle Weaker.
Receipts of eggs have been verv lib
eral during the past week; and: -oirtslde
demand has not shown up quite as well
as expec.tedr In most quarters the price
in being shaded from U to lc dozen
for large lota, while ft is somewhat
harder to sell even single cases at the
Poultry market remains firm with re
- relpte and .demand' lust, about,: equal
prevailing figures. " -.-
Dressed Meats Are r aslar.
, Borne., alight easiness Is shown in the
market here for dressed veal and the
' price w from H to lc a pound lower
thai) the extreme high fig-urea rutins
last week.
- Dressed hogs are not feeling; the effect
of the easiness In veal and because of
the very low .supplies in the livestock
market the dressed product is holding
uncnangea aiong ront street.
Oood Barries Bell Wall.
There Is an Increasing demand for the
1etter class of berries arriving from
California points and "dollars" of select
.. quality are moving freely at $1.75 a
crate of 15 boxes while Jessies of equal
worth" are selling around $1.60. Rome
ordinary quality of Jessies is moving
from $1 to $1.26 a crate. These are
going mostly to hawkers because retail
store keepers will not take them at any
price.
Brief vote of Front Street Trade.
Cheese market Is firmer.
Onion market Is steady at unchanged
prices.
New turnips are arriving and are sell
, Ing quite well around 30c per dozen
vuncnes.
Banana trade Is verv well unnnllai.
heavy arrivals being shown during re
cent days.
Butter market is firm with sales ef
dcsi quality at the top.
front street sells at follnwln nrlr.
Those paid shippers are less regdlar
vuifimissions: , .
Butter, Egrs and poultry.
r BUTTER-Extra creamery, 24c; fancy,
.-.SJH23o; store. 18c.
. BUTTER KAT Delivery t.o.b. Port
landSweet cream, 2!Hc;-sour, :0c.
t.GGS Candled, local, best, 24 25c
CHKESE Fancy full cream flats,
lie; triplets and daisies, lifalSc; Young
Amerlrns, "19c; storage twins. 17c; trip
lets and daisies, 17c.
POILTRY Mixed chickens, lb.;
fancy h-ns. 16fr 17c per lb.; roosters,
old. 12 13c: fryers. 26tff27c; broilers.
Reese, 11c; turkeys, alive, IS
- -Jfcc; dreHs'd. 22V(p2Sc; ducks. 18
20c, flueons, squabs, 2r2.5d dosen; old.
12; dressed poultry, leiHc higher.
Hops, Wool and Hides.
WOOL 10B. Willamette valley. 19
tic; eastern Oregon, 17 2 2c.
HOPS-1B08 crop, choice, 7c; prima
; to choice, 7f"Hc; prime, 7c; medium
6Hc; 1909 contracts, Sc.
TALLOW Prime, per lb, I a 4c; No.
t and grease, 22 He. '
BHEEPSKINET Shearing, lOaiBo
each: snort wool 2640c; medium
wool. 50c Jl each; long wool. 7I0
1.25 each.
6HcHlIbTTIM BARK 0M- 6e: nw 8
HIDES Dry hides. l!eic lb,; green.
SlOc lb: bulls, green salt. Sc per lb
kips. c: calves, green. 1c per lb.
MOJiAIR ISOi. 2JH&24C
drain, Flour and Kay.
- BARLEY Feed. t?,J.60& 34; rolled.
. 3636; brewing. $31. roueo.
WHEAT Buying price, new Track.
Portland Club, 1.20; bluestem, 11 go- I
red Russian. 1117; Turkey red, Il20a
1.25: Willamette valley, $1.15.
MILLSTCKF8 Selling price Bran.
S2.o0; middlings, S3J.O0: shorts. J30:
JUi ' alfa'f meal. 20 per ton. j
FLOLR Selling price Eastern Ore-;
gon patent. $6.064j)6.10s- .straight, $6 10
report, $4.70; bakers, $6.0&r - valley
$6.30; graham, his. $5.1t; whole wheat.
$5 40; rye. 5s, $5.50; bales, $3.00.
HAT Producers' price New timothy
Willamette valley fancy, 116.00: ordi
nary, $14.00013.00; eastern Oregon.
ia.50; mixed, $1 1.50 12.00; clover.
$13.60: J grain, $1SI014.00; cheat.;
$14 00916. AO: alfalfa. $14.00 I
OATS--Produeere price Track. No? 1
white, $40 41; gray. $40.
: . Pratta and Tegetables.
FRESH FRCIT8 Orangea
$162.75 per box: tangerines. $1.M: ha
lianas. 5 59 lb.; lemons. . 12.5091.76
Ivox; grapefruit. $3 4; pineapples, Ha
waiian, $8i J.25 dosen; strawberries.
l-cl 00 box, California $1. 4001.76 per
lOTATOES "Selling, $2.2592.60: bur.
In for ahipment, per cwt-, country ex
it a funcy, $2.10; ordinary shipping, buy-
in i,-. f:: sweei. n.ovufs.
VEGETABLES Turnips. Oregon.
$1 el40: lxets, l: carrots, 78o sack:
i.arsuii'ia,' $1. 501.60: cabbage- 4c per
I,., tomatoes, .Mexican, $1.60 1.65 per
ttst; .. Klnflda, J2.75W I crate; beans,
l.'ijf lb.; cauliflower, local. - 40 70o
tii'Z. n: peas, 4 ic lb.; horseradish. 12 He;
artlchokea, 5iti 75o dosen; green onions.
lso Di'ten; peppera, bell, Florida, $S
Chlij, (; heftd lettuce, ion
dxon; oUiouaa, 11.601.75 par box;
Slav
.lulv
Sept.
Dec.
CHICAGO WHEAT MARKET
Slav. 8. Uay 7. Loss.
127 1284 1
..114V 1 1 7 - 3
...lOfi 108V 2.i
...105, 108Vi 2
1908.
105
93 H
I Chicago, May 8,-rThe course of the
wheat market was even more spectac
ular today than during the exciting ad
vance of yesterday only the tide set in
an opposite direction, with prices lc to
Sc a bushel lower.
To influence the local market even at
the opening there -was the break In
Liverpool values to encourage bears.
Foreign shipments of wheat have been
greater than expected and this brougnt
about fresh selling pressure.
World's shipments of wheat for the
week were 8.865.000 bushels. Russian
shipments were 3,162.000 bushels and
Danuban shipments 488.000 bushels.
Broomhall estimated world's shipments
or wneat on Alonnay. exclusive or ortn
America, at 6,600,000 bushels. He also
predicted a moderate change in pas
aare.
Minneapolis stocks of wheat show a
decrease of 126.000 bushels for one day.
Wheat opened with sharp decline in
all options. May started Sc lower at
(i.zsmi ana un&uy oroppea to I1.Z7H
July lost 2c a bushel even at the first
quotation, aa compared with yesterday's
quotation ana September opened its
bearish career today at $1.06 as com
paring with the closing; at $1.08 4 yes
terday. December opened at $1.06. or
$Ko lower than yesterday's final price.
After the opening there was a lull
In the trading; and then prices dropped
back to the low point May and July
did not make any. Recovery, but after
slumolng at the , opening: the December
and September options acted with more
strength.
SHEEP fMKEI
TURNS AROUND
From Extreme Weakness
Tone Becomes Steady and
Lambs Sell Fraction Up.
PORTLAND LIVESTOCK RUN.
Hogs. Cattle. Sheep.
Saturday i 37 350
Friday ... 2S 836
Thursday ... 40 450
Wednesday ......... 273 164 1,158
Tuesday 8
Monday ........ i. ... 2 13 602
Total .m 60? 2,796
Range of Chicago prices, furnished by
Oi-erbeck & Cooke company:
Mar
July
Sept.
Dec.
May . .
July ..
Bept . .
uec. .
May ....
July . .
Sept. .."
May
July ,.r'
Sept.
May
July . .
Sept. .
... 72 74
. .. 69 4
May
July. . tv.V 992
Sept. 1000
' . , WHEAT.
Open. High.
. r. !284 128 V
....US - 11
...1064 107
...105 10 ,
CORN.
73
SIH4
7 7H
581, Bgt-4
OATS.
.. 58V 6$
.. 6M4 . 51.
.. 44 44
PORK.
isnt . mi '
.. 1805 1810
LARD ,
i046 , 1047
.. 1657 ( 1060
RIB3.
. ....
1002
Jow.
127
114
1064
104
Close.
127i
114Vi
18
105.
72 72 A,
8H 68U
7 67 4
68-S 6S
1H
43S
1800
1797
1037
1047
H87
9!5
68
61S
43
1785
180.0
1800A
1040
1037
1059 ,
9R6B
87
997
0RE6QN POM UP
in frisco mm
ITnlted Pres leased Wlr.
K-an f miiciBcu, way a. Kggs, per
an- California fresh, including cases
7irLV.'-.V,Ji'?j- IlrBls- zc: aeconds,
Butter, ner nmmH r.iieniA
Extras, 24Hc; firsts. 24c: seconds, 23 He
t rareie, per pound California
ii , V. ifi"'' -Jc:.fWs. ISHo: seconds,
12c; California Young America, fancy
17c; firsts, 16ViC.
i-otatoes. per cental River whit
Oregon Burbanks,
fancy. $2.002.40;
!?;BAf ?, -60; new Potatoes, per pound,'
.KflSi eweet Potatoes, per crate,
II. 50 1.65.
, Onions, per cental Australian
brown. $4.00: Texas Rormnriu. no-
. .., fi.ouitj.i).,; new jrreen, per Pox
new reu. p-r saCK. 12. 00.
, i , , r r faveis, sir.es ku to
xw. ll.nuDDZ.nu KlzeM IhO tn 71K 19 9R
2.76) tangerines, per box, 75$1.00.
radishes, 810c doxen bunches; celery,
loarsuc: tiro anL t id. rmriri.
California. 6&6c per lb: local. B0iffi7K
otntt-n utiuicb, rnuoarD, j ac
twMiOHS JODDing Fancy Oreeon,
$2.50 3.00; No. 2. $2.25 (&' 2.50 per cwt;
Texas. $2.26 per crate; garlic, iAc lb
Arri,r..i r ancv mooq Kiver. x;.sni
2.75; ordinary. $101.50.
aroeerlea. Vats. Bta.
SUGAR Cube. .' ;.5: oowdered. 1 80:
fruit or berry, $6.05; dry rranulateC
o.uo; com. a, tv.ia; extra o, 5.6t;
rnlHan f- tR fift 1 w.Hrtm ffK IK. ku..
granulated. $6.85: barrels. 15c: haff bar.
rels, SOc; boxes, 6:c advance on sack
oasis, iaano prices are lto ower.
(Above price are Se'ways net cash
quotations.)
SALT Coarse Half groqnd, 100s,
$11.00 per ton: 60s, $11.60; table, dairy,
60s. $16 60; 10a. $16.00; bales, $2.36; Im
ported Liverpool. KOe, $20.00: 100s,
119.00; 40s, $18.00; extra tine, barrels.
2s. 6a und 10s. I4.B0aB.5O: Llveroool
lump rocK. $20.50 per ton.
RICE Imperial JaDan. Mo. 1. 6 Us:
No. I. 6c; New Orleans bead, 6 0640,
AJax ( -); Creole, te.
tt'Ma.x new, lao per in.
BEAKS Small white. tf ?6 larva
white. JS.2K: nlnlr. 4- bavnti IR 7K-
Llmas. $5.15; Mexican reds. S0.25.
Hull, Plsb ana Prortslons.
HAMS. BACON. El'C Portland nack
(local) hams. 10 to 13 lbs.. 14Uc lb-
boiled hare. 21c; breakfast bacon, 13 W
21Hc picnics, 10c; cottage roll, llo
lb.; regulai short clears, smoked, 13Hc
lb.: backs, heavy smoked. lSWo: llc-ht
smoked. lJHc lb.; pickled tongues, 60c
each.
DRE6SED MEATS Pnn atraot
hogs. fancy, 10c; ordinary, c;
veals, extra, 10c; ordinary. 91"':;
heavy. 78c; mutton, 710c; lambs, 10c
i.al lahij Kettlo leaf, 10
14u per lb.: 6s. 14'Ac npr lh an ik
tins, 14e per lb.; atecm rendered, 10a.
13Hc per lb.; Es. l3Hc per lb.; com
pound. 10s. 9 Vic per lb.
CLAMS Hardshell, ner box. ! 0-
rai.0.la1La' 2 Pr bo. 10c ptt doxen.
FISH--Rock cod.. 10c lb.; floundern.
6e H).: hallkut 6c per ib.; striped bass,
15c ner lh.: catfish. 10c ner lh - ..lmm
Chinook, 9c -;per lb; herrings, 6c per lb:
soles. 7c per lb.; shrimp. 12c per
lb.; parch. 6e per lb.; tamcod, 10c per ft.;
iuupivib, ow pr in.: iro macKerei.
t 1 per lb.; crawfish, 20e per doxen;
"""P""JL I ' V1 DIBCK diss, ivc
per lb.: Columbia smelts. 3o ner lh .11.
navels. I ver smelts. 6c per lb.; black cod."7Ho
per 10; crabs, il.2581.76 per dozen;
shad. 6 ?h.
. OYSTERS Shoal water bay per gal
lons, $2.60: per 100 Id. sack. $5: Olym
P'a. per gallon. $2.40; per 109 lb. sack.
$606.60: canned, 60c can. $7 dozen;
eastern In shell. $1.76 per -100.
Palata, Goal 00. Kta.
UNSEED OIL Raw. bbU. 63c; cases,
69c; boiled, bbis,65C; caaea, 71c-; per
gallon, lots of I6 gallons, 1 less; oil
cake meal, $37 ton.
ROPE Manila, 8ic: sisal. tc lb.
BENZINE S6 degrees eases. le par
gal; iron bbls.-ll4o per gaL
TURPENT1NEIn cases. 680 per
WHITE' LEAD Ton lots. 7io per
lb.; 600 lb. lots, cc per lb.; less lota,
iUe per lb. . .
WIRB , NAILS rresent basli, $2.4.
Portland Union Stockyards, May .
Throughout the local livestock situation
there Is a better feeling in effect to
day. The improvement permeates the
entire market, and while as a general
rule values are showing but little
chan the, buying is of much better
character and this alone is Improvement
enough for one day in some branches of
me trade. . ,
hasp Market Has Turned.
The sheep market, so weak and be
dragged during the past week, began
to show an Improved buying power dur
ing the past 24 hours. Lambs, especial
ly, felt the Influx of new buying blood
and taking all present indications Into
consideration It looks as if the sheep
and Ujmn market has struck bottom and
that better prices are about to mako
themselves felt.
For lambs, while there Is no excite
ment In the call, the demand is some
what better than It has been of late
and the easier movement from the yards
nas surienea trie price somewnat. bales
of lambs have been made during the
past 24 hours at $5.26, which la an Im
provement of 26c over former prices.
Ho Bogs Stnoe Wednesday.
At the present rate of arrivals In the
local hog market it will take a century
to secure enough supplies here to op
erate a full fledeed packing plant such
as L. Swift is building on the peninsula.
a single week. There have been no ar
rivals in the Portland yards since last
Wednesday, when only 273 head ap-
R eared. In fact, the total arrivals of
ogs in the union stockyards this week
were only 287 head. Just about half
enough to supply a -small sized packing
institution a single nay.
Because of the very scant offerings
the hog market is very firm locally but
the absence of siiDDlies makes It diffi
cult to say exactly what select qualify
would bring. No supplies of this char
acter have been received locally during
recent days.
nominal Kttn of Cattle.
Arrivals in the local cattle market
during the past 24 hours totaled just
87 head, comparing with 226 Friday, 40
Thursday, 164 Wednesday, none Tuesday
and 136 head Monday. .Total cattle run
ror the week was but 60Z head, not a
very good showing to be sure.
Market for cattle stands in a very
firm position for select quality but thefe
in none or mis sort or Btock orrering
and killers have been mighty glad to
buy whatever was offered. Prices show
no change from yesterday.
Today's run of livestock1' compares
with this day in recent years as follows:
nogs, cattle, eneep.
1909 f
19-08
1907
1 SOS : 100
1905
A vear asro today there was no change
in tne sentiment or tne nvesiocn mar
ket, cattle run being firm, hogs and
sheep easy with no change in values.
Sentiment Shows a Chang.
S. P. Gould of Gould Commission Co.
Sheep market seems to have xeached the
Bottom and prices are aoing a rracuon
better. Hogs and cattle very firm.
Lee M. Lacey of Hunt & Lacey Mar
ket Is strong on cattle and hogs and
steady on sheep with lambs rather
slow.
William Burke Jr. for J. C. Lonergan
Conditions in the livestock' market
show but little change. If any. Hogs
and cattle remain firm.
T. C. Benson Son eneral livestock
conditions are still dull with small sup
plies offering.
Brtarkey Commission Co. No new de
velopments are shown in the general
livestock situation although It looks as
if the bottom has been reached for
sheep.
Tarda' Heprsseatatiye Prices.
Following prices are representative
of latest transactions lij the yards and
Indicate demand, supplies and quality
oifeied:
STEERS.
Net weight.
25 Steers . .29,745
smeiimiT ioiie
IN STOCK MART
Little Change in Values at
Closing: Today Compared
' With'. Yesterday's.
New York,- May- J. The atock market
was. dull and almost lifeless today with
the closing within a fraction or two of
the opening. London was likewise or a
slow disposition with the list divided,
but generally a fraction- higher for
American shares.
The heavy buying of Steel jiharea. of
lata has attracted considerable attention
from the trade, and explanations are
awaited' with much interest. While to
soma -extent the showlngof an Improve
ment' In steel trade conditions is an
Incentive toward buying and higher
prices, -still the advance In .U. S. Steel
shares has been greater than the bel,
termont In .business.
That a largo per cent or this aosorb-
Ing of Steel shares has been by Insiders
la admitted by a leading official of the
company. Ha states that the earnings
of the corporation this year will be- on
a larger scale and. that trie common
would be placed upon a 6 per cent basis
tne coming rail. ,
85 PER CENT
Of WOOL SOLD
All but a Small Amount of
the 1009. Clip .'Has Passed
Into Hands of Dealers.
MAY CALL v OFF STATE
L SALES DATES
I'OO
So a rest is the demand' fnf'wooi that
buybvs from the east have invaded prac
tically every section of the state, and
ar making evefy effort to secure con
tracts. ' . " ' '!
In th. WlllgiKUt. ii.IUv i. kl.v
2-o a pound nas been paid ror. the 1909
clip, and several- sales at that ftg.ire
were . recenuy reDortea at interior Dra
gon' points.- , . . -
Contracts on the. sheep's backs have
been made tor wool- In .almost every
section, ana- it -is now estimatea tnat
fully 85 per cent of Oregon's 1909 wool
has been sold even before being flipped.
: Advloes, from eastern Oregon todav
were to the effect that the sales of wool
had been so extensive that It wan quite
probable that few if any regular aalea
days wouia pe lie id tnia season.
boston Copper market
Range of New York prices furnished
by Overbeck A Cooke company:
DESCRIPTION.
Co..
c. . .
37
131
760
200
350
650
2.S00
, .. ,.80
..22,815
900
22.875
1 steer
22 steers
COWS.
1 cow
19 cows
BULLS.
bulls 2,350
SHEEP AND LA JIBS.
16 lambs 1.000
85 slH-.-p , 7,810
7 lamhs v.'.-. 2.060
212 mixed sheep. .. .m .. '...21,000
Price.
$4.90
6.60
4.86
4.00
4.85
3.00
2.25
4.00
6.50
. . - . . . .Zl.UUU 4. ZD
The following Is the general range
for values on stock running in tne yards
for late shipments:
nogs Beat east or mountains. 17. 50
7.V6; good. J7.25W7.50: fancy. WI1-.
I - . . . ... t. i r -, c . . ,
$.' 5 ft 7.00. ..
Cattle Best steers, weighing 1200
pounds, t.6ffsa.i3; medium steers,
$5.26$5.40; poor steers. $5.25; best
cows. $4.50; medium cows, $4.25; bulls,
$2.60413.60.
hheep. snearel Best wethers. $4.50:
spring lambs. $5-5.25; straight ewes,
$3.60414; mixed lots, $4.004.25.
Calves Light, $5.50; heavy, $5.
PORTLAND PRODUCE RECEIPTS.
Amal. Cop.
Am. C. F.,
do pfd
Am. Cot. OH., c. i
Am. Loco., c
Am. Sugar, c. . . .
Am. Smelt., c. . ..
do pfd
Ana. Mining Co. .
Am. Woolen, c. . .
Atchison, c
do pfd
Bait. & Ohio, c. .
do pfd
Brooklyn R. T. .
Canadian Pac, c.
Cent. Leather, o.
do pfd
Chi. & Ot. W.. c.
C'hl., M. & St. P..
Ches. & Ohio
Col. F. & I., c.
C. South., c
C. South., 2d p.. .
C. South.. 1st p.. .
Corn Products, c.
Corn Products, p.
Del. &Hudson..
D. & R. c, . .
D. & R. G., p....
Krie, c
Brie, 2d p
Erie. 1st p
G. Northern, p. . .
111. Central
Int. Met., c
Int. Met., p
L. & N
Mex. Cen. Ry...
M., K. & T., c...
M.. K. & T., p...
Distillers ..,
Ore Lands
Mo. .Pacific
National Lead .
N. Y. Central . .
N. Y., O. & W.,
Nor. & west., e.
N. American
No. Pndlflc, o.
Pac. M. 8. Co.
Penn. Ry
P. G.. L. A C. Co.
Pr. St. Car.,c...
do pfd
Reading, c
Rep. I. & 6.. c.
do pfd
Rock Island, c. .
do pfd
St. L. & 8. F.. 2pf.
S. Pacific, c
do nfd
Southern Ry., c.
oo prrt
Texas & Pacific
T.. St. L. & W c
Union Pacific, c
u. B. Kubber, c.
do nfd
V. 8. Steel Co., c
oo pro ......
Wabash, pfd .
W. U. Tel. ....
Wis. Central, c.
do nfd
Westinghouse ,
Utah Copper . .
Third Avenue .
Cons. Gas .....
et western "B'
K. q. Southern.
do' nfd
Alton, c ,,
116
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181
30
104
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(Furnished by Overbeck ft Cooke
II... C 1.': 1 , .
Amalgam. .. 83
Adventure ., 9
AUouez 6
Arlx. Copper. 45 4
Arnold 76 :
Atlantic 10
Butte Coala.. 27
Cal & Hecla.635
Centennial
Cop. Range . .
Daly West . .
Franklyn . . .
Granby
Greene Can. .
North Butte.
Osceola
Old Dom. . . .
Parrot
314
304
31
8
9
15
104
11 M
63
135
65
344
Quincy
Shannon ....
Tamarack . . .
Victoria . . .
Boston Cons..
East Butte . .
Koyale
Mlnaml
IT. S. Oil
U. 8. Mining. .
Glroux ......
Michigan ....
.Mohawk
Sup. & Boston
Nevada Cons..
Ely
Yukon
Co.)
93 4
16
78
44
16.
144
27
154
324
45
8
134
63
IB
21
8 4
4
New
January ,
March . .
May
June ....
July
August . .
Beifmber
October .
November
December
York Cotton Market.
Open. High. Low. Close.
..1021 1021 1017 101T
..1015 1020 1015 1016U
..1063 1066 1062 1063
104244
..1038 1042 1037 103839
..1032 1033 1032 103033
..1029 1029 1029 102628
..1026 1029 1025 1027rt28
102123
1021 102122
CLUB HOPES 10
GEr HEW BRIDGE
North1" East Side Improve
. ment Club Holds a
Meeting "
' Pendleton May J. That all wool sates
dates In Oregon may be declared off due
to the great activity In the contracting
or wool aurins: tne nasi rew aays. is tne
opinion of Dan P. Smythe, secretary of
tne state wool urowers association.
Besides his official position among the
organised wool growers of the state, the
opinion expressed is given mora weight
from the fact that Mr. Bmythe is one
of the largest sheep owners in thla sec
tion of the state. Regardless of the fact
that such a large per cent of tha wool
has been contracted in advance of the
official aalea dates set. it la possible
that one of the sales dates may be
oDservea in rtaaitioa, aeppner ana
enaniKO.
Secretary Smyth expresses tha opin
ion that Shanlko will be tha laat place
to entirely give tip the aalea day Idea
since the sellers at that point hay been
carefully keeping the day in tha past
despite the fact that the buyers have
tried very hard to get some choice con
tracts in advance. According to the
secretary, however, there is no assur
ance that other aectiona will make any J
eriort to Keep tneir smes aays, ana 01
course win nave no need or them if the
present advance sales continue.
It la reported that thousands ' of
pounds of wool are being contracted for
dally through tha wool belt of eastern
Oregon. Tha ruling price locally is re
ported to be 20 cents and above. Sev
eral sales have been known to reach
the 21 cent mark during the past two
days, and it is said the local wool men
will pay no attention to any offer of
less than 20 cents for the average and
better grades. These- high prices of
fered have been so tempting that there
is a likelihood that there will be little
of the staple left when tha ftrat sales
day arrives in Pendleton on May 24. .
Earlier In the season the buy era were
disposed to bold off until the regular
sales davs, and tha selling fever did not
hit the Pendleton and Pilot Rock sheep
men until during the past few days.
Among those who are known to have
sold their clips up to the present are
Rugg Brothers, Charles Matthewtr. C. A.
Johnson, L. I Mann and Herbert Boy
Ion. The Pedro and Uust Brothers are
also reported to have sold their clips, the government reservation and south
A lew or the large clips or the county of Fifth street will be closed aftar to-
An enthtfslastle bridge meeting wag
held laat night by the North East Side
Improvement- club. Discussion, -in 'which
many of the members of tha elub took
part and in which most optimistic views
of -the probability of the people passing
tha proposed bond issue for the new
Broadway bridge were expressed, filled
the evening. - The bond issue Is to be
put up to the people at the June election
and the club has every hope that it
will pass. 1
Dr. J. R. Wetherbee, Judge M. Q.
Munlv. Counellmen Menefee and Bpi-
nett, George 8. Shepherd, John Plttinger
and many other members of the club,
talked on the bridge question. Dr. Weth
erbee told -of the great sles to which he
was sure tne city was coming and told
the members of the club that another
prtdge was very much needed. Judge
Muniy reviewed tha work of the club Tn
tha Interest of the new bridge, telling
of the three stages of the work aa he
saw them. ' 1
Investigation, agitation and legislation
were the stages ef the work as lie saw
them. Investigation . was the work of
selecting the site, Engineer Modjeskl s
report; agitation was the -matter of get
ting the subject ;beforevthe people, while'
legislation is the. stage as It Is now
waiting for the people to pass the bond
issue. He entertained every hope of
success. "
LAST DAY FOR THE
, DISORDERLY HOUSES
Vancouver, Wash., May 8. If the
order issued by Mayor Ktgglns is lived
up to, the "questionable houses" in
the district between Main street and
.1026 102"
Ely Copp4r Production.
(United Press Leased Wire.)
Ely. Nev., May 8. The copper produc
tion of this camp In April was 4. 500.000
pounds, and In May Is expected to gain
another half million. The payroll here
for April waa $250,000.
London Silver Market.
London. May 8. Silver. 24 1-1 6d.
Consols Money 86 4; account 85 3-16.
New York Silver,
New York. May 8. Bar silver. 63c.
Total sales, 667,400 shares.
NORTHWEST BANK STATEMENT
Portland Banks.
DAILY STATEMENT.
Clearances today ..$1,071,483.83
lear ago , 769.934.68
Bitulithic Pave
ment Brings
Satisfaction
XKHAWCTS TEB TALTTB
OT ABUTTTlfU PSOPERTT
MOBS TEAM A ITT OTHXB
F AT2S1CB If T.
BECAUSE
It Is durable, never cracks, makes
no noise or rumble from passing
vehicles, collects no dust or mu
Furthermore, It gives a sure foot
hold for horses. Automobiles
will not skid.
Warren
Construction
Company
317 BECK BUS., POBTLAJTD,
OBSOOH.
that have not yet been sold are those
or I'unmngnam uneep it iana comoanv.
J. E. Smith company, the Slusher and K.
U. Warner clips.
secretary smytne or the state wool
growers association Is of the opinion
that the sale dates at other point than
Pendleton will have but little signifi
cance since salea in-many other sections
have been even more general than In
Umatilla county. He reports tnat Dras
tically all of the wool - of Wallowa
county has been contracted, and that
there Is practically no wool left in Baker
county. Whrie there have been a num
ber of sales in Gilliam county tha buy
ers here are disposed to hold up for
higher pr'ces, placing their mark at 20
and 21 cents a pound.
Dally and Sunday Journal. lJo a week
to any point
day. When the mayor gave the order
to close these houses he did so with
the proviso that they would have until
today to move.
As near as can be learned the clos
ln order will be obeyed following the
publicity that lias been given. Captain
J. J. Bradley of Vancouver barracks
has expressed himself well pleased with
the mayor's decision to close the houses.
About two years ago Captain Bradley
made a request that the district be
cleared out, the fact being published
by Tha 'Journal. For a tlma the houses
remained closed but were, later reopened
and have been In full operation ever
since.
More than two thirds of the vast
population of China are engaged In
agricultural pursuits, following a sys
tem in vogue centuries ago.
TALK I J Ul.lil ftVi
msffiv fy OS n$ti
kg puis .. ..flff.gj
(lain todav . e im cioor
Balance today 74!27573
tear ago 63,702
vy r, 1 . iv 1 . 1 n 1 a 1 k.m H:rcr
Week's clearings $8,695,757.44
Receipts of products for the 24hours
lip to 11:30 a. ni.i compiled by the
Board of Trade: . ;
I-rult Apples. S9 boxes; 3 cars ban
anas, 12 boxes cherries, 1 car oranges,
2802 crates strawberries, 66 orates Ore.
gon strawberries.
vegetables- Asriarnis. 27 boxes. 50
sacks o'nlbns. 379 sacks potatoes, 97
sacks peas. 12 Dackages vegetables. 25
boxes rhubarb, 15 crates Sweet pota
toes. 3 cars cabbage. "
Dairy Products Cream 47S6 gallons,
3130 gallons milk, 647 cases eggs, 228
packages butter.
r lull 4. lams. 32 tioxes. 1Z 'Ooxes
crabs. 1 dot crawflMi. 96 boxes flsh(jI
uox r-iiriniK. 10 sacivs osieis.
poultry t hlrKenn, Zi coops. 1 coon
durks', 1 coon gijese.
UresRcd Meals Poultry, dressed.
540; 23 dressed hogs, 72 dressed veal,
14 drssed mutton. 12 dressed lambs.
2 cars dressed meat.
lay and Orahi Wheat. 14 cars. 6
cars oats, 5 cars hay, 9600 sacks flour.
cars Dran, 1 car snorts, i cars leeo.
Year ago
Week's gain
Week s balances .......
year ago ,
Seattle Banks.
Clearings today
.Balances today
5,925,601.46
.$2,670,155.98
. 96!.480.7
. 624,128.20
SEATTLE PRODUCE MARKET
(United I'rtiu leased W!re.t
Seattle. May 8. Butter. ier nound
Washington creamery, firsta. 27c;
ranch, 23c: renovated, 24ft 25c: Califor
nia. 26e; Oregon, 26c;. eastern creamery.
26c-
Eras, per uozen Local ranch. Sir:
fresh eastern, 26c; Oregon, 26027.
Cheese, per pound Wisconsin twins,
19 194c: cream brick 21c; wheel
Swiss, lfcs: California, 170174; m
burger, 16c: new Tillamook, l$4Uc;
Tillamook Young Amerlea, 20c-
-Onions Oregon; &34e per "lb.:
green, JOS 85c per dozen; Australian,
40 4 4c: new "Texas, $2.00 per crated
Potatoes, ner ton Local, $346 38:
Yakima, (if40; early- rose seed, $40
6 42; California, new. $4j4c; sweet,
$4.00 per crate, . . . .1
$1,T47,58
208,432
New Oregon Corporations.
Salem. Or., May 8. Articles of Incor
poration have been filed in. the office of
secretary of state as follows."
Page Investment company; principal
office, Portland; capital stock, $50,000;
Incorporators, J. H. Page, Fanny F. Page
and F. H. Page.
Portland Plumbing & Heating com
pany; .principal cifrice. Portland; capi
tal stock. $10,000: 4ncorporators, G. R.
Fleischer, M. Fleischer and C. M. Idle
man. -
W. W. Davis Sons comnanv: nrlnr-1.
pal office. Portland; capital stock, $50,
OP0; incorporators. C. W.' Davis, M. J.
uavis and k. c. Nelson. -:
Euclid Investment company; principal
office, Portland: capital stock, $76,000;
Incorporators, H. .G. Beckwith, Fred A.
Jacobs and Otto J. Kraemer. -
Mutual Independent Telephone com
pany; principal office. Woodburn: can-
Hal stock, $3000: Incorporators, Peter
Chappelle, A. J. Strubhar and. R, L. Coe.
Eastern Livestock Markets. "
Chicago, May 8.- Receipts: Hogs-,
11.000; cattle. 100: shefp, 1000. "
Hogs are strong at yesterday's aver
age. Left over, 4600. Receipts year
ago, 14.000; mixed, $6.90 ff 7.32 4 ; heavy,
$7.15?f 7.36; rough, $6.907.10; light,
$.857.25. Cattle, steady. Sheep
strong.
cansaft City. Mo.. May 8. Receipts:
Hogs, 3000; cattle, 300; sheep, 600.
Omaha. Neb.. May 8. Receipts: Hogs.
4600; cattle, 100; sheep, none.
! ' . Big Peach-Crnpr
(United Press Leased Wire.)
Sacramento, Cal., May 8. The June
peach crop in this-state will' be one of
the heaviest and finest in the history of
California orchards, according to the be
lief of the California Fruit' Distributors'
association. Apricots and cherries will
be unusually scarce, 'Owing to the unfa
vorable weather of the early season. .
'..
.1". S. Treasury Statement,
Washington, May. 8. Tbe treasury re
port today shows: "Receipts, $2,122,871;
expenditures, $2,560,000 -
Overbeck &
Cooke Co.
Commisftioa Merchants
Stocks. Bonds
Cotton, Grain. Etc.
2 16-21? Board of Trad
Buildins
Members Chicago Board of Trade,
Correspondents of Logan & Bryan,
Chicago, New York, Boston.
We have the only private ' wire
connecting Portland with the
eastern exchanges.
Members Portland Board of Trade
Oldest Bank on the Pacific Coast
Capital fully. paid - - - - $1,000,000,99
Surplus and undivided profits $500,000.03
OFFICERS
W. M. Ladd. Pmldent
Edward Cookingham. Vice-Prea.
W. H. Dunckley, Cashier.
R. S. Howard Jr., Asst. Cashier.
J. W. Jadd, Assistant Cashier.
Walter M. Cook, Asst. Cashier.
Interest paid on time deposits and savings aectounts. Accounts o!
banks, firms, corporations and individuals solicited. Travelers' checks
for sale and drafts issued available in all countries of Europe,
NATIONAL BANK
CORNER SECOND and STARK
Portland, Baker City & Butte Electric Railroad Co.
Will Pay Interest
We offer $150,000 of- the two year, coupon Engineering notes of this company in amounts of
$200 or $1000 each, at 10 per cent discount, and paying 8". per" cent interest semi-annually.
These notes are secured by the controlling interest of the stock of the PORTLAND, BAKER
CITY & BUTTE ELECTRIC RAILROAD CO., amounting to 91,005,000, wBich
stock is fully paid by bonds and non-assessable. When this control is sold, $150,000 .is to re
main in the hands of the American' Bank & Trust Company, who are now the trustees for the
controlling stock, which is held in escrow, to be sold in conjunction with a bond issue whitlijs
now being negotiated with a large Eastern Syndicate.' 1 . - w
These notes will prove a safe and profitable investment, as the money derived from their
, sale will be used entirely for engineering and the securing of rights of way, which will also be a
valuableScuxity. . ; ' . - . ." ... ' ' ' .. .-, . .
for sale: at1 the offices of the
Portland,Bal(erCity&ButteB
303-305 Beck Building, PORTIAND,. OREGON. :