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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (March 13, 1911)
THE . OREGON DAILY JOURNAL, PORTLAND, MONDAY EVENING, MARCH 13. 1911. CUBA! IS: CORilERED AND AN ADVANCESHOVflNG Most of the Old Stocks Are. in . Very Strong Hands; Europe ': and the , East Are .After f , "Supplies. - EGGHKEI HALF CEflT HIGHER HERE Receipts' Continue Liberal but . the Trade Is Cleaning Up Arrivals. -Err market Is firmer and tales aloha; Front street are being made aa high as 19a a dosen. -. ' ' While the receipt from local ranches continue to -show a .email Increase, de mand Is ao much better that the. trade lsJ quickly absorbing all' offerings. . i a 4 4 4 j j 4 ; ur eastern -ergs are again, cominw ".' , . ' ' ' I nrint mAPi mntiiv 1n,l fine than 1a . ? Meal ; Wholesale Market.. - Icar ere receivers 'are making; everv Chjttlm bark cornerea, . ' ; 1 attempt to .boost-ui-the, Drtoe. of the v4t- Oniont steady again.- . , Oregon product, aufficlently to enable CATTLE RUIl VERY LARGE ID HE SMITE HEAVY All Thoughts of a Betterment ' - Cast Aside; ShippersCom : plain of False' Reports Send . Out Recently. , ' f .Potatoes holi firm. More Mexican tomatoes..' Eggs are Wither, . poultry market better. ' I 'Asparagus plentiful. ' 4 :: Dressed hoirs weaker. Dressed veal steady. .','1 - - 4 ;Y: Chjttlm, or oascara bark, is In active demand, with, supplies nominal except In the hands of a few large operators.. : f - ' Buvers ere free.lv offering Bo u vound f for the' smalt remaihlhe; lota held: ty peelers, but are unable-to', secure any. ' Many orders are being offered from the ", eat and from Europe, and two carloads i ,-were recently sold for foreign shipment by local -parties; ry.... '-. t - With , the inrnpeeleveTsr Tnonthe - 1 away, and, with .practically ;all of the old' : Dark -lrt the hands of a few -very '' strong holders, the outlook forjchJttlm bark prices to exceedingly good. , , v . There are some reports current--that the strong holders have formed a com-. bine to boost the price of cliittlm, but If this is thelOIan they-seem , to have - fairly'r'well--ueoeeded.iwC!..Hj:r;4;i,3..;,:.:.:' The 'corner'' is ' said .-: have been, engineered by parties -who 'were In' the lead Of the attempt to boost the market ' a few years ago; an attempt that. proved I a, dismal failure at that time, - jeel of chlttim during; the tast few i , years has-been exceedingly light on-ao- eount. of ' the: demand' Jtor labor from ether lines. There is usually a good peel of Dark only ;when the labor rnar . ket Is -slutted or else the price is ex ceedingly high, -.'j'y--..v-H'', f ; hckjs not so firm:: v I ..V 'jV-'f1''; ssssassssssssw - -,. .- i-y jf - ti . . Dressl'. Product Weaker, 09 Street; Packers Offer tor heur ,.. r t Market for dressed hogs . is not so- i iirm .along Front street. Tne auppiies . I recently brought forward from the east 1 ;by,s local packer are being offered for ,. less 4 than Front street and therefore the1 trade goes in that direction, ' Dressed veal is generally quoted ,t . Steady.. , ..1 ' " MORE MEXICAN TOMATOES. . Another Carload Comes Forward and 'Handlers May Order More. " . Another car of tomatoes from Mexico was due along- Front street today. 80 ' great was the success in the handling , of the last car that it Is likely that the same parties will brlnsr In further shio- - v men ts from the southern republic be- fore the California season' starta. , " Florida tomatoes are being offered tftjobbrs at lowiprlces but so far as known there la no demand for them. arfSe.UiPft-r.'-vwJ 1 1 1. i i ,1-1 -1 11. r-t.r- 3 -m si Jf ASPARAGUS IS PLENTIFUL. them to sell their imported Supplies at lower prices and still net a good profit. Market for chickens Is in very rood shape, and sales " are being generally maoe a iraetion mgner for tne rew supplies -coming forward. Good mixed lots ' sell '' readily -at tltWe . and 20o a pound. There were only scant arrivals along the street this morning, but this is generally expected, .tne nrst dsy or the iteefcT'?!"'"--.- AU ether fowls ' are ' Ih good active call at the prices quoted by The Journal. c;-pigeons, $1 dozen. - . ' . CHEESfr -New Orexon fanov full cream.T.triplets Sand daisies. 18 tto; Young Americas, U He; storage flats, 13H014C.- ( -v--.. - - EGOS t Local extras, 18el9e; eastern fresh, 18c r . i Grain. Flour and Say. ' v ; WHSAT.Nommah - Track deUvryi (the lower flrres are far asovs any- - California Staff . Comes Forward More Freely -20c Pound, r -' Supplies of California asparagus? In i thla market are quite liberal today and quality Is good. Bales are generally be ing made at 20c a pound for beat. WALLA WALLA SPINACH. Good Sited Shipment Arrives From Garden Cty-Prlce $1.25. Oulte a liberal shipment of splnsch from Walla Walla was offering on the ' produce street today., stock arrived in fair shape and sales are quite good at tl.H a box. . ; i m ' ONION IARKET 18 STEADY. . Beam Oref ; Aostralian Stock 8ubi sides When First Stuff Comes. V A steady tone Is showing in the local . onion market as the result of the Con : federated sssoclation holding growers' price steady on Saturday. Ths scare over the Australian stock has subsided 'since the first arrivals cams from -there. Quality cannot be compared to the home produot -jwd , therefore there is no inclination to bur ; ths foreign goods. ;; . . POTATO MARKET FIRMER. llBetter Feeling in San Francisco Says rrivate Advice to Trade. : , ,i Dealers report a firmer tone in, the , potato market ' Private advices re ceived from San Francisco by local shippers indicate that the market there is doing better. , . " i , '. Buying for April delivery continues In the country and former prices are still in effect FORECAST FOR SHIPPERS Weather Bureau Sends Out Notice to Northwessf Produce Men.' U.' S. weather bureau sends out the following forecast to shippers of per-I"-, ishable produce:1"1 .:, ... Protect shipments as far north as ' Seattle against temperatures of about t 33 degrees; northeast to Spokane, - S4 . degrees; southeast to Boise, 22 degrees,' t south to Siskiyou. 26 degrees. Lowest " temperature at Portland tonight, about 12 degrees. '"-t-M ,-. t . :.;. FRONT STREET QUOTATIONS : ''f '"' : Sons, Wool and Sides. "V f - HOPS Contracts 1911 crop, 15Uo nominal; 1911 crop, choice, 18o; prime to choice, 17 Ho; prime, 17c; medium, : laievic;H05 growths, lie. i WOOLNomlnal. 1J10, - Willamette ; valley, lC017c; . eastern. Oregon, IZQ ,: J60. ' k-k , ; ., . : SHEEPSKINS "Shoarlng, ;0O2B0 - each; short wool. I860c; medlsm wool, . 0c1.00 each; long . wool, 76ol.:5 - each. TALLOWPrlme,1per .lh Jc; No. I and grease, lIHo. ' -r . t , CJEHTTIM BAiilC-r 1903. nohmaL Jo. . 119. 5c. .f 'i -', . . :i . . HiDES--try. hides. Xlltfo lb.; , green, ftto: bu.ls. green, bait, 'o ; Ib.i kips. H7Hc; calves, green, UQ Uc per lb. - v MOHAIR Nominal; 1911, S903dc. Butter, Xggs cad Poultry, BUTTER Extra creamery, cubes and J tubs, 91o: prints, 8284c; storage, IS a i 22c; eastern prints, 26 27c; California, SBJ7o. . BUTTEn FAT F. or, b. Portlahd, per ' Dound. 82 40c. . ' POITLTRVFancy hens, 0o; mixed. . . i )GFU0 per id.; d rollers, Z4(5c; ; geese. 13)4 1913c; live young ducks, 32& Club. 7980et bluestem. 82 & 82 Met for- tyioia, sic; wuiamette vauey, ic; rea r.usslen. 79c; -Turkey red, 81a BARLEY .Producers' price 1910 Feed, 823.60; ', rolled, 825; brewing, 826. MILLSTtJFFS Selling price Bran. 2O.OO21.00; -middlings, $21.00; shorts, 21. 00822. 00; chop, $18.0025.00. OATS Nominal. , producer's price Track, Ne. 1 white, 827QX7.60, . gray. $38.6s'- ---.',': .',.. HAT Producer's prlc4 9 1 0 Valley timothy; fancy., $18.00; ordinary, 818.00 17.00 ; ejistern" Oregon. $19.00 20.00: mlxeeU "1.00 17.00; clover, llt.00; wheat, .812.00; cheat' $12.00 18.00; al falfa, $12.00012.60; oats. $13.0014.00. FLOUROId crop,- patents, $4.78: Willamette, $4.80 " P'' barrel; local straight $3.8S4.6S:, bakers. 14.46(3) 4.65; export grades, $3.(0; graham, half saclt.-14.70; . rye. $6.76: biles. $3.16.- " ' Orooerlesj,Jnts, Zto. . , SUGAR sCube, ttoo; powdered, $5.30; fruit - or berry, $6.30; dry granulated. $5.30; D yellow. $4.80; beet.$8.1Q; Fed eral Fruberry,, 60, less than fruit or berry. " ; . (Above quotations, are $0 days net cash.) - : RICE Imperial japan no. 1, 4H5c; No3. 4; New .Orleans liead. 697o; Creole. Hie -' : SALT Coarse half ground 100s, 8.50 per ton: 60s, 39.00; table dairy, 60s, 118; 100a, 817; bales, 32.28 : extra fne bar rels. 3s, 5s and 10s, $4 8; lump rock, $20.50 per ton. BEAKS Email white. $4.28: large white, $4.26; pink, $6.76; bayou, $5.90; Umas. $7.10: reds, $8.28.- HONBT New. ? 3.75 per case, rmlts and Vegetables. POTATOES Selling pfices Best, i.oo; eeuunua, si.iuijiii.Du. . cuyinn car loads Select, 161.60; . ordinary, I1.1SA1.35. : ;-.-('. riUSM r nuii b vranges xew na vels, $1.76 3.60 box; bananas; 6c lb,; lemons, $3.t0 4.00; grape fruit, 88,25; pineapples, 8 7c lb-! tangerines, 31. ; . T VEaETPABLES New tornips beets, 81.26; carrots. $1.15 per Back; cab base. 11.76 ? 2.00 per cental: tomatoes. Mexican, $3.0033.25 per box;- beans, 14a id.; norseraaisn, (!?iwc; green onions, 30o per dosen; peppers, bell, 20c lb.; head lettuce, 3040c dos.; hothouse, 81.26 box: radishes. 30o dosen bundles: celery, 60 85c dosen; eggplant, 14c per lb.: cucumbers, .51.0001.ift per Dot; peas, 12Vic; cauliflower, $2.00Z.25 per crate; anronte.' ic . ONIONS No. 1. $2.40(9150; No, 2. 52; garlic, 78c per in. APPLES ll. 00 2.00. . Meats, Pish and Provisions. FRESH BEEF Wholesale slaughter ers' srices: Best steers, 1010ftc; ordi nary. lOttc; best cows, 9$9ftc; ordi nary. 9 c. DRESSED MEATS Front street hogs, fancy, 11 H Per 10.; oramary, iq lie Ib.i heavy, 9c: veals, extra. 18c:' ordinary, 12HlJo; poor, lie; spring lamb, lOo; -mutton, 67o; goats, 88c; beef, $9c. -.. LARD Kettle leaf, tierces, 13c; Steam rendered, tierces, 12 Mo pw lb.; compouna, ueroes, o per xa -m OYSTERS Shoalwater bay. per gal llon, ( ); per .100 lb. sack, $6.60; Olym- pia, per gallon, .io, per uv iu, $11.60; canned eastern. 660 can, $8.50 dos. I eastern in shell. $1.76 A3 per 100. HAMS, BACON. ETC.-Hams, 18 H 18c; breakfast bacon, 18 87o; boiled ham, 2236c; picnlca, l$ic; : cottage roll, 16 14 c per lb.; regular short clears, smoked, 15c; backa, smoked, l6io; pickled tongues, 66 per lb. ' ; - FISH Nominal Rock cod. lpe per lb.: flounders; c; halibut, 78o; striped bass, 20c i catfish, 1212Vic: stlmon 1 2 & 16c; frosen salmon, 8crT soles. 7o per lb.; shrimps, 13 Ho lb.; perch, nV iir" InhsttArsl Kf? riser jjnaia6eiblaelr Jas8; 20crT!turseon 130 ID., toiumms imwu, i-wo ip.; silver smelts, 7c per lb.; black cod, 7c; crabs, small, $1; large. $1.60; medium. $1.25 dos.; caiuoroia ansa, id. CLAMS Hardshell, per box, 4o lb.; rasor clams, llHc doxen, $S.25 per box. Paints, Ooal OIL Bte. r LINSEED OIL Raw bbUk. $1.05; kettle boiled, bbls., $1.07; raw In cases, $1.10; boiled, In esses, $1.13 gallon; lota of 260 gallons, lo less; oil cak meal (none in marnei;.. -, .. WHITE LEAD Ton lots, (0 per lb.; 500-lb. lots, 80 per lb. 1 less lots, 8Vo 4 m ths gteckyards. 4 . North Portland Hogs weaker. 15 to 250 lower; cattle 10 to 16c 4 lower- sheep firmer. , . . ' South Omaha Hogs 15 to zOo 4 v lower; cattle slow and lower; eheep steady to weak. Chicago Hogs 10c lower; cat tle and sheep unohanged, jf .: ,TO MAjrr CATT&& Too uaay cattle are still ooming for ward to the Horth Portland yards and therefore killers are pressing; down val nes. Prloes offered late today . were about 10 M 15 lower than Satnraay. At the stuns time there was m drop of 18 to tSe la the Swiss market, Bren thing offered la any other market of the United States. PORTLAND LIVESTOCK RUN. v . Hogs. Cattle. Calves. Sheep. 63 Mon. Eat. , Kr . : Thur. Wed., xues. 3 920 184 ..... 162 . 163 Week ago . ,1695 868 52 105 26 840 89 1002 36 108 2 "22 845 - e 2314 602 1361 2646 TARIFF TIllieiHG ISWUII Probable Taking Away of the Duty Checks Business in "American Trade." . The market for mohair is rather un settled jwlth prospects, good, bad or In different, according to ths way Inter ests lie. . In a nominal way 2flc and SOc a pound Is being bid for hair but so small are the offerings the market can scarcely be called ooen for the new season. Eastern Interests seem to be -more Indifferent regarding mohair than they were a short time ago. . All of them sneak of tariff tlnkerlne- aa the cause- There are saw to oe nuge supplies 01 foreign mohair ready to enter the Amer ican trade the moment tne tarui Dare are taken down and buyers say this will naturallv affect the orlcs and de mand for domestic goods. Turkish mo hair has the reputation or oeing cue best In the world, and therefore with out a tariff to hinder Importations the trade would go mostly Into that article. While Oregon's output of hair this year will likely show less volume than usual, advices froiA Texaa Indicate that the growth tnere is greater man norniat. COVER AND PUT STOCKS HIGHER Following the heavy errlvals In the cattle market during, the past week there wss another big ahowing of sup plies, over Sunday, A total of 858 head were received. , This left the cattle market in a very poor condition and all thoughts of an improvement have ooen cast aside tem porarily, commission Handlers are re ceiving many letters from the country regarding the high oiices quoted by some papers snd their inability to se cure them when maklnir shipments. - The plan of sending out high quota tions is to. secure grester shipments to the yards, notwithstanding the fact that the market is overloaded and has been topheavy for some time. Handlers of livestock are commend Ing The Journal on Its accurate reports regarding the- recent slump while all other interests have been telling that prices were high and the demand fully aa rood as arrivals. There was a further drop In the price of hogs at Chicago and South Omaha today. The former market was vsry weak with prices cut a dime, while Omaha was 16c to 20c under Saturday's average. Thia means, therefore, x that Paclflo northweat packers are able to purchase hogs in the Nebraska terri tory and ship them to their plants at a total cost of $7.86, including freight and handling. ' Only one lot of sheep came forward to the yards today and these . were brought In by a local interest, '" Among the Shlpeers. Cattle J. L. Sterett, The Dalles, five loads; C. F. Walker, Ontario, Or., five loada cattls and calves,-Echo, one losd; Tohney Bros., Haines, Or.,' one load cat tle and calves; H. S. Lemp, Palma, Ida., five loads; E. E. Wlllard,. Minada, two loads; William Holmes, one load; H. Whetmore,. two loads; James Mc Demmitt, Caldwell, Idaho, one load; H. M. Evans, one load; Akin Brashears, three loads; 6. Pence, Payette, Ida., one load cattle and calves; X. Olson, one load; Captain Erwen, one load cattle and calvee. " Hogs E. Q. Porter, Salem, Or., two loads; Asa L, Brown, Haines, Or., One load. Sheep William Shepard, 8un Dial ranch, 645 head. Mixed Stuff I. D. BoDlne. St Anth em v. Ida., two loads cattle and hogs: C. C. Clark '& Son, Arlington, Or., one load cattle and hogs. . Yard's Official Trades. Following- are official trades. They are sees red direct from sellers and are therefore absolutely correct: . - HOGS. ;, Av. Lbs. Price, 2t feeders ..... , , . , , 113 C $8.75 76 light , .......... f..a77 3.26 Following is the xeneral range of values in. effect in the North Portland yarda:- ' ' .' . cattlis vrain iea steers, ss.ouijy 8.10: best hay. fed steers, $6.00; fancy $5.76; cows, best, $6.26; ordinary, $5.00; poor, $3.00 4.00; stage and bulls, $3.00 6)4.00. . UAno, Bam It. V., v mm mm. ,.ji..m. $8.00; heavy, $7.00; fesders, $$.76. BHfciKf uest yearung wetners, $4.75; old , wethers, $4.50l grain fed 5.ao. ewes. 3.ja5pi,(a KT. Vn.l,1 U,rh i -LWttS fW ft. cepflons the' stock market closed with covering movement of shorts in South ern Pacinc ano rennsyivania, ana tins krA.,M.V, AnAvol murlr hlfrKr. . ViVUin ' Wxntern Klectrlc declared its regular quarterly dividend. American stocas were eienay in jiuh don today. - . January operating income 01 jnicapo - Northwestern-4ncreaaed 1660.846. Bouxnern naiiwajr increaaea Chicago Great Western increased 352.374 ana cnicago a Alton incre.a h,h Ranee of New York prices furnished tyOverpecK a cooKe' t.-o.: Liow ma Description ; turkeys, alive, 2283c; dressed, 25 THrBARBER"ASPHALT PAVING COMPANY Constructs Asphalt and other Bitum inous Pavements. 605-608 Electric Bldg.. . Portland, Or. , Oskar Uuber, Manager. nr Ih. d a r . -v o a gallon ROI COAL OIL Cases: degrees, cases. 24 Ho iron bbls.. Sltto per ration. ROPE Manna, c; sisai, 7ViC Pearl, astral and star. 16H0 per gallon; eocene, 19 Ho gal lon? elalne, 27o gallon; headlight, l&c gallon; extra etar,,JHO gallon; water whit, bulk. 9818c per gallon: aneclal water white 12 I6Ho. ; ; ; GASOLiNBJ-r-Rea crown ana motor, 18 26c gallon; 86 gasoline, 80A37HO gallon; V. M. A P. naphtha, 16A22o 'TURPENTINE -In cases, "ll.llf'Wood barrels, $1.08; iron barrels, $1.04 per gallon. WIRE NAILS Basis, $2,70. , HOGS 15 TO 20 CENTS OFF. South Om'aha Stuff Could Be Landed v.Here at $7,85 Cattle Lower, South Omaha, Neb.; March 13. Cat- tie, ftgoo; marxet siow ana lower; steers, Id?.S0: cows and heifers. t4.70fliS.fia. Hogs, 7200; market, 16 to 20c lower; sales,. 36.568.76. Sheep, 19,000: market weak to steady; yeanings, tw &.;&; wetners, 14.86 4.65; lambs, $5.76 6.10; ewes, $4.25 4.60, ' - CHICAGO HOGS LOWER. Big Bun in Yards and Price Is 10c ' - ' Ijower for Da v. Chicago March 13. Estimated run: Hogs &6,ooo, cattle 37,000, sheep 20,000, Hose are lOo , lower: left over- iann. Mixed, $6.807.16; heavy, $6.R67.10; rougn, iB.oBWB.tm; ngnt .88(i)7.20. Cattle Steady , to J0o lower. - Sheep Steady. ' ' New York Cotton Market. -Opentn ffr m gfl. ' row? .... 1262 ' 12n4 ' 1282 CALVES Best $8.00: ordinary. $7.00: poor. $$.00 fj 4.60. NORTHWEST BANK STATEMENTS Portland Banks. Clearings today .'. $2,449,030.68 Year ago .................. z,93,tu.78 Gain today ................$ 85,620.90 Balance today ...a 416,810.44 Year ago - 341,823.85 ' Seattle Banks. Clearings today .,.....$2,376,363 Balance today 186,494 ' -' ' Spokane- Banks. Clearings today .... . . ..... . . . .$889,913 Balance today 110,090 Amal. Copper. . Am. Car & F. . uw.. I'tu ...... Am. CottSn Oil., c Am. Loco., c . Am. Sugar, a Am. Smelting, C do., pfd Anaconda Mln.. Am Woolen, c. Atchison, 0 do., pfd ....... B. & a, c ..... do., pfd Brooklyn R. T.. Can. Pacific, c. . Cen. Leather, c. . do., pfd , C. , M. A St P.. . C. & N. W Chea & Ohio Col. Fuel & Iron c Col. S., c do 2d pfd.... do 1st pfd... Corn Prod., c. do pfd ...... D. A R. G-. c. . D. & R. G., C.. do pfd Erie, c... ...... do 2d pfd.... do 1st pfd... G. N.. pfd.- Illinois Central. Int. Met., 0. . . . . do pfd ...... L. A N M-. K. A T., c. do pfd Distillers Ore lands Goldfleld Cons.. Ha rac National Lead . N. T. Cent. N. Y., O. A W.. Nor. A W., c. . . do. pfd N. Am N. P., c P. M. 88. Co. . . Pa. Ry. P. 3., L. A C. Co. P. S. Car, c. do. pfd. . Reading, c. . do. 2d pfd. do. 1st pfd. R. I. A 8., 0. do, pfd, . R. I., c. .... do. Bfd. . S. U A S. F., 2p ao isi pro. , . St U A 8. W. c. do pfd, ...... 8. P.. c Southern Ry., . do pfd T.. St. L. A W., c ao pfd. . , Union Pactfco, ao nra. ..... V. 8. Rubber, c. do. pf dt. . J U. S. Steel Cor o ao pro, rr. Wabash, com. do pfd W. TJ. TeL, c,.,. wis. cent.' Westinghouse . Beet- Sugar ... . Utah Copper... Third Ave Ice Securities. . Cons. Gas...... Big Four Ry. Springs.... Vir. Chemical.. K. C. Southern. Gn. Electric. . . Wheel. A L. E. Allis Chalmers. Amn. Can. G. W.. pfd Nevada Cons. . . Lehigh Valley,. Fargo, N. D., labor organisations are filannlng to have the finest headquarters n the -northwest. f - Open) High 62 114U 69 74M, 108 34 106 103 2HVi 27 120V4 142 81 6f 74" 70 58 124 18H 32 36" 53 106 41 106 70" 63 Vs 63 115 59 107 41 106 70 122 126$ 154 83 " 28 41 63 116 z 63 -22 B7 173 si 41 11 76 17 38 86 44 "23 86 149" 103 76 214 27 121 143 83 i'i" 74" 70 28 124 18 32 32 62 52 114 59 74 103 38 33 106 103 76 214 26 120 1 81 64' 74 70 28 124 '18 '85 63 106 41 106 70 121 166 32 28 e 42 63 116 26 64 22 57 173 77 COARSE III NOMIMAL SUPPLY; PRICES n East Has Taken So Much Bar ley That " Country , Sections Have No More Than They Need, for Home :Use. - f. By John Ingllsh. 4 Springfield. - I1L., March 13. 4 After in; examination of the 4 early and- late' seeded wheat I could find no Hessian fly or larva, and the condition of the 4 wheat crop is good. From Pet .4 4 orla to Lincoln a large area , la ' e e planted and is in good shape. WORLD'S WHEAT-MARKET. Portland Cash dub 79 and 8O0 blue- stem S3 and 82c., j ;.i -.. : ' i ; Liverpool Wheat to a nigner.. RrHn Whest Ue lower, . BudapestWheat-oJower. have been moved recently at $27 a ton track Portland, those that want to pur chase larger lots are unable to get hold under $27.60. ' As In barley, there ia no surplus stock now showing. There is still quite a iair supply lert in the wi. lamette valley, r but this Is being held for more money.: "." Msrket for wheat Is Somewhat firmer In the country, and an advance of about a half cent is generally quoted by those most anxious to buy. Purchases recent ly seem to have been altogether, for the account -of - millers, as the export value Is too low to admit of business on the coast Just now. . Flour trade is fair locally, but export Is quiet . ,. - .. ; c . in 11. .:j.'a- --jt - , CHICAGO WHEAT LOWER. : Denial of Damage Reports and Ar . monr Selling Bring Decline. Chics go. - March , 1 3. Wheat d ropped sharply after the opening today, closing with s loss of lwlc a busheu otnmrM with 8aturdavs mice, ; There was a loss of a fraction at the onenine notwithstanding the better Liverpool cable The market drifted abount uneasily, with Armour a heavy seller at the start. The denial of dam age reports by grain authorities caused rnnalrierable selling nressure. Coarae "Tatna were -weaker in line Mth the droD In wheat. Com closed o lower all around, while oats were -mm ti m mi A 'tfaMA' ci.,.m., - . Vll yf V 7BC iiviiu Dftiui uoj . Msa iinrk ti down 7 He for May snd 3o for July. - May and September lard were unchanged, but July lost 2c. May ribs closed at Saturday's price, but July and September were each orr ze. Raige of ChleagOvprtces furnished by OveroecK at woose jo.: ... - WHEAT. 1 Opsn, High. Low. Msy. .... 91 - 91 90 July..,. 89" 90 '88 Sept .... 89 89.. 88,. Msy ..... 50 " 60 Antwerp Wheat unchanged. Buenos Ayres Wheat unchanged. Melbourne Wheat unchanged. -; Chicago Wheat 1 to lo lower, Minneapolis Msy 96 c t St. Louis Msy 90 c.. . , -Kansas City May 87e.-ir-" , Wlnnepeg May 93 c Onlv-a nominal supply of barley ia now being, offered on the market, and thi hea r.rented a firmer tone locally. General buying price here for No. I feed la $23.60 a ton. . - According to leading handlers, practu cally all tlie aurplus has been taken away by eastern Interests and present supplies in, the country are no grester man will e neeaea intrt. , - Practically the only barley that la being- offered -here la by speculators, and most of these are not willing to tske present prices. " . - . oats mantel is in a prcuiwr tlon. While a few small lots of white Close. 90 B 88 B 88 : July-.rrrr-0 60 -Sept .... 61 ' 61 OATS. May ..... 31 31 July 80 81 gept .... 30, 31 49 49 A MM. ftl B 50 si'i 30 30 30 30 ) 30 30 A Msy .....1740 July 1647 r May. .... 905 July .,.,; 900 Sept. .... 900 May v. v July 900 Sept. .... 900 1747 1737 1650 J640 LARD, 912 905 1 906 RIBS. 947 . 907 906 905 ' 9O0 900 940 900 847 1742 1650 ' 912 905 905 947 - 906 902 Liverpool Wheat Market Ti.nt March 18. Wheat: 7 " i - : - Open. - Close. ir.v . SU'd SS 9d 1'MI qZ. mLA tm QtLA Mh ............... 8S 9d ( 6s ?d -.: : " - . .if. ,.. o 70 July d 6s 9d 154 81 29 41 63 115 28 83 22 67 171 41 118 76 38 86 44 '24 67 17 37 a m 65 44 22" 68 149 3 63 62 116 69 39 107 74 108 38 34 107 102 103 88 76 214 Z6 99 120 142 82 82 04 72 74 14 78 . 31 312 47 1244 134 144 82 66 36 59 65 63 106 41 106 81 70 131 24 124 105 32 96 166 96 87 33 98 29 68 41 63 29 66 116 26 64 22 67 173 1' 41 113 76 118 17 38 72 "8 44 44 8 24 140 68 32 87 23 149 5 7 44 18 171 44 44 171 V4 172 171 Total sales, 210,000 shares. Call money, 2 2 percent Chicago A Northwestern ex div 1 per cent. THE UNITED STATES NATIONAL BANK PORTLAND, OREGON UNITED STATES DEPOSITORY Capital ...$1,000,000.00 Surplus and Profits 800,000.00 OFFICERS f J. C?AINSWORTH,Pres.V R. W. SCHMEER, Cashier R. LEA BARNES, Vice-President A. M. WRIGHT, Assistant Cashier W. A. HOLT, Assistant Cashier DRAFTS ISSUED ON ALL FOREIGN COUNTRIES PAYMENTS MADE BY POST TO PARTIES ABROAD WITHOUT COST TO RECIPIENTS" tiSVjiiaBioQirafg Corner Third and Washington Streets CAP1TAL$1,000,000 Surplus and Profits $650,000 W. 2C Z.ASS 3SBWABS 0003O2iaKAK. i t.m.i. w, b. stnrcscurr. 35. S. HOWA3U) JB. 7. W. KADO WALTZB K. OOOX. President .Tloe President vastus - Assistant Cashier ......Asstotaat Cashier ; .... Assistant CashieiL tfYTfTttruw wis rnYTjryrvt j Jan. Mch. Apl. May .' June July Aug. Oct. Dec. 1428 1445 1428 1450 1483 1 1447 1430 ISRt 1267 125JJ 1438 ! 13S6 1173 1263 1425 1376 126.4 1254 ""CTOseT' 1254f56 148637 144042 1451(963 14278SO 1426 W 27 1S80.W81 I266i)67 125687 STATEMENT OF CONDITION OF LWIBERMENS NATIONAL BANK OF PORTLAND At Goie of Business March 7, 1911. RESOURCES. Loans nd discounts Overdrafts U. S. bonds to secure circulation Other bonds and premiums Real estate: Furniture and fixtures . ..t..i Due from U. S. Treasury $ 12,500.00 . Duef from banks , S40.3SO.9O " Cash on hand 916,792.20 ..........$2,268,165.19 3,483,11 250,000.00 . 211,885.02 V 800.00 25,430.03 1,469,643.10 ? 'J . . $429,407.05 " . LIABILITIES. Capital . . : . . .$ 500.000.00 ; - Surplus and undivided profits ...i.i; 73,051.55 v. R e s erved for taxes x.. . 4 J 41221 Circulation , 250,000.00 - - Dividends unpaid uepostts V.' ............ i . , , ..;,.. 195.00 3,401,413.28 $4,229,407.05 UNITED STATES DEPOSITORY. Merchants National Bank roBTzuuro, oasciov. . Capital and Surplus $350,000.00 TXAVtACTSJ A OZITEItAX, BAVXXsTO BTTSlSMg. 4 INTEREST PAID ON 12-MONTH CERTIFICATES OF DEPOSIT. LETTERS OF CREDIT ISSUED AVAILABLE THE WORLD OVER COLLECTIONS A SPECIALTY. "-""vn.rt. WE Invite Accounts of Individuals, Firms and Corporations! Assurint Them ot Courteous, Considerate Treatment and Every Accommodation' .Consistent With Conservative Banking. , Joseph 3C. Mealy, OmCSU AHD BDMICTOaS. - A. 2?. smith. wa. r. Mnir.X A. C. Mowrsy, ,. ",. " ' ' T. watson, - ' ml Xh Durham, lrest. M. Z,. Holbrook, V.-rres. O. ' W, HoytT Csahi. C Catohlaf , Assistant Cashier, f Y"M" 1 i m,J : -'''We do not ask -' how much you have to deposit, but are you act-, in in 'good faith.' - If. so, we impose : no restrictions. ; ' '. The service of this bank is ex . tended to all alike. - - Your patronage , . . solicited. ' Open.Saturday .; - evenings 6 to 8. 4 MERCHANTS SAVINGS & TRUST COMPANY Southwest Cor Sixth and Wash, inston Sts. ' Capital 9150,000 ' , W. 3L nui .......... president WZUABB CASS.. Tloe 3?resldent O, a BOBT2niXTEB....7.Cshlex B. M, HITUBS?,. . . .Ass. Cashier The Outlook! . For hrlght prospects Is ap- J parent, as . all indications' " point to good crops, good prices and prosperous con- dltlons for industry. Ashley ' ley A Rumellnc bankers, have every facility . for handling your banking bus iness ' and cordially Invite . your account subject to . check. Opea S a. m. to S&O p. m. Satnroays antU 8 p. m. idtllmiW First National Bank Capital $1,500,009 Surplui $750,009 Oldest National Bank West oi th: ' "Rocky Mountain! 1 rOSTLABB, osxaoiT. i 1" '1 Bonds '. Investments -Timber Lands McGrath&NeuhausenCo. 701-2-3-4-S LEWIS BUILDING, PORTLAND. OREGON ' ' ' 4- . . , The Council Committee of Kalispcll, Mont, after a trip of investi gation all over the Northwest, fiat just returned home and re ported in favor of bitulithic pavement, Overbeck ;& Cooke Co. Commission Merchantj Stocks, Bonds Cotton, Grain, Etc ; 216-217 Dosrd cf Trzds Eu' " - Members Chicago Isoard of 1 1 a . . Correspondents of L"ifin A r-yi-; , ChicagaKew Torh, r.-.' We have the only .rl .'- connecting port'Hn 1 l -