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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (April 20, 1911)
PTJSSSS?5 l T - - - - " I . . - I a a a ft a 4 J. I ' - - . . . III I I I ... I ... . - .. . , , , , I - - ... 1 JIBING PRICE ON RAW FISH ADVANCE IHOGS DOWN TODAY QUOTE GOUNTRY , IsMMsiSl HO Mm wK POTATOES MOVES TO $2.50 CENTAL Advance of 25c Quoted on Ac count of Scarcity; It Now Costs $2.10 to Land Sup plies From East. In potato Markets. Portland JohMnu price, best. ll.J5ea.60. ordinary, $2 0"4f 2.28? buying price $1.90 4 2 .00 per rmiil. SeattleJobbing price, east etn Washington, $45 00150.00; White Hlvcr, S 8.00 ft .15. "0 per ton. San Francisco Jobbing price, River White. $2.15i2.35; fionora, nominal: Iompoc. 12 85(U3.0; Oregon, i.0r.7; new, $5.03I (.00 per cental. ' Price of potatoes along Front street ha reached the highest value In many year. Sale were made during the psst 24 lioura aa high aa 12.60 per cen tal or 26c above (he previous high mark Market for potatoes Is extremely firm. All out Hide Influences are bullish an1 this therefore has a direct effect upon price making here. The local trade no longer figures that there will be a sufficient supply of potatoes here to fill the wants of the -growing trad and therefore further Importations from the cast will be ab solutely necessary. In thla connection It might be Inter esting to note that a further advance of 10c a cental Is being quoted at astern centers, making the cut of landing supplies here In carlots at $2.10 per Cental. Buying at local country points is lim ited, but for aelected lota as high aa $2 has been offered. CHICKEN MARKET HLl'GGIRH Trade Is Well Supplied and Pricei - Not Favorable. Chicken market la sluggish along Front street and 20c is now the extreme top for fancy coo- of Jive birds. Receipts of chickens have been un usually liberal recently, and all of the big buyers seem to have their require nenta. ORAXGES COME FORWARD Four Xbada Recelred; Narel Seaaon la Ending in South. Four cars of oranges came forward todai In good condition. Sales are be- Ing Ibade at higher prices. According to an advice received by I 8. Martin, a locnl broker, the Red land diBtrlct will be through shipping navels next week. The Highland and Fullerton sections have aready stopped. Navel will be offered for a wMIh bv Pomona and Claremont, but the demand will be centered there, and supplies are ur to be scarce. Sweets are being offered. OXIOXS AT LOW roiXT Texas Advice Roys They Are About "p. Dovm to I led rock There. 4 A private message received this morn ing by L. 8. Martin states that the price Of onions is believed to be at the bottom In the Laredo, Texas, district. Local onions are firm, with no change In quotations. EASTERN SUGAR HIGHER Fancy Pack Is Quoted at Adavnre of SOc Per Hundred Pounds. An advance of 80e per 100 pounds is being Quoted In the price of Crystal Domino sugar of eastern manufacture. Thla shows th strength of the trade there. Local sugars are unchanged. 'FIXE BEXS ARE OFFERIXG Apples From Moier in Fine Shape; Price Is Quoted Higher. Rome extra fancy Ben Davis apples were offering from the Mosler district this morning. Stock was among th best eeen on the street recently and was quoted generally at $1.66. r 5 HEAVY HOGS ARE WEAK Big Swims Come Too Freely to Front Street Recently. On account of th very large run of beavy dressed hogs In the Front street trade recently, the market is weaker at the lower prices. Dressed veal In coming forward much more freely, but is quoted at the same price as yesterday. Spring lambs are slow In coming. , FORECAST FOR SHIPPERS The V. 8. Weather Bureau Sends Out i Notice to Produce Men. ) Weather bureau sends the following 1 forecast to shippers: ! "Protect shiDmenta ss far north aa 1! 8eattle against temperatures of about 42 degrees; northeast to Spokane 84 degrees; southeast to Boise. 34 degrees; couth to Stukljou. 3 degrees. Lowest temperatures at Portland tonight, about 4 degrees." LINSEED OIL HIGHER , Advance of Sc a Gallon Quoted in the 4 Local Market Today. t.y An advance of 3c a gallon was o.unted tn the nrlee of linseed nil thla nmmin. "I Quotations are: Raw. barrels. $1.0?; j Trolled, barrels. $1.04; raw cases, $1.07; , i boiled, cases. $1.09 per gallon. ; FROJfT 'STRKET QtTOTATIOXl Orain, Flour and Kay. nficiAi nominal. 1 racit aenvery Club. 85c;: bluestem. 8890o; fortyfold, r Sf8c; Willamette valley, ' 85c; red Russian. 84c; Turkey red. 86 87c. BARLEY Producers' prte lilt Feed. (28028.60: rolled. 130: bren-lnr 4 MILLSTtTFFS Belling trlce Bran. 23.6024.0): middlings, $$0; rhorts 26926.60: chop, (19&36.00. OATS NomintL Producer- price Track, No. 1 white, $29 50, gray, $28.60. HAT Produce r1 price 1910 -Valley . timothy, fancy, $lei; ordinary, $11 417; eastern Oregon. $1992i; . ml sed, if.eoeHT.ee; ciov-. $11.00: wheat, $I8,018.00; eneat, $12,000 v II 00; alfalfa. 1 14.00; oats, $1 2.0018. 00. - r mw-via -crop, parents. 14.76; Willamette. $40 per barrel: local . Straight. $3 04 fS.' taker- $4.4649 4 65; export vrades, $3.6003.80; gre ' btm balf sack. $4.79; rye. $6-76; bales, 11 41.16.. ' Batter, TBgga caC Poultry. ' BUTTER FAT -F, o. o. Portland, per pound. 2t3(c. ' BUTTEKrExtra creamery, cube and ub. 26c;, prints, 274e; ' ordinary t-rlnts. rsr; storage, J 020c; eastern Irtrf. IScvCallfornla, Jiic. --r rtrt,THrancy liens, ,j0c; mld )4;re per ,1b.; hroiiere,' 30c; try rswS0c; geese, 13 flee; live, young; TO BOOST GANNUJi WHHCAIILL ALU IXfcAMtKT UUWN racKca baimon win rrunauiyj Open at $1.90 for Colum bia River Talis. Owing to the r.dvance of 1- a pound akrd for raw i:sh hv Columbia river salmon Interests for the coming fcenson. ca iincrs now ixpiit t!'t li e pi ! of I puck oil flub will l'e mm ill Mgln r In pro portion. , Adxaijct- rf e nt ii pound in I he i ii liHh iikbiim pi.i laiill. ii ilo.'-n. therefore II If ii xu ineil lli.it pH kei x will BKk an adillt 'onil :;. nu th.li profit on the ad.lcil ro Ti to wmild pul the pil.e of i lilnook lull.l to $1 '.hi Mi coiTi- iire1 hum trie opining pil hi !. ISt 8CHKOI1. l oliiinbiH river csnnern now report I that they liae oversold Iheir picli.ihlo packs for Kor Instance the 1'illnr rtorlt hna nlienilt received umI'T.h for 35. 000 cases, or more Hihm double il nun pn' k d in I rig i y 1 0 "I lenr II. hi Hi- price of cunneil icon will he placed loo high, lind theie h' mln Hi.- tiad hhvm Kobert H K;ir- ' mU of Kverdliig Fnrrell. owners, of. 1 : 10 I'lllar Hoik . n n ior . as will s be ll.R h'-Hvilv inlet Med in the I'uitMnd-i Alaska 1'mkim' w-roi Intlon. with n can- ncrv In the north "While the prl of other foods ha been going dowr. recently," he "ay", I "there In Averv indication that canned I i f nlmnn wilt h hljber on account of it' scarcity and the l lgher prlc demanded for the raw fish.' STEEL AND U. P, New Tork. April 20. There was con siderable strensth In Missouri Pacific In the ear!;- tradlnsr today, hut weak ness in the general list caused the mar ket to lose all but R fraction at the closing i!nlon Pacific nnd 1'. K. Steel common were the weak features, arid selling of these unsettled tho entire list. American stocks were irregular in the London market todny. No change was announced In the loaning rate of the Bank of Knglnnd. ducks. 2223c: turkeys, alive, 14c dressed. BTlsc; pigeons, $2 doxen. ' EGOS Local extras. ISc; case count, fresh. 17iftlc. f'HEERfr- New Oregon fen?v full cream, tripleas snd daisies, 15iflf4e; Voting Americas, lbilG'c; storage flata, 1314c. Fruits and vegetables. POTATOES Selling prices Best, 2 262 60: seconds, $l2: common. S 1.00. fruytng. carloads Select. $1.90 2.O0; ordinary, $1.76 FRESH FRTTIT8 oranges Nw ns- vels, $2.50iT2.75 box; bananas. 6c lb.; lemons, $3.rOif4 on: grape rrult. $3.2; i pineapples, tdlc lb; tangerines, $1.26.! VEGETABLES New turntpn. tl S6; ; beets, $1.26; carrots. $1-5 per sack; cab- ; bsge. $1 S02 per cental; tomatoes, 1 Mexican. J.25 per box; Florida, $2.25 tt 2.50 ; beans. 14c per lb.; horno- ( radlah, $10c; green onions. 30c per dosen; peppers, bell, 25c per pound; 1 head lettuce. 4K(i'(0o doz. ; trothousfi, I $1.25 box; radishes. 20c dozen bundles; 1 celery. 90c per dozen; eggplant, 14e pet to., cuetimDers, tt.to per aozen; peas, idc; cBuiiiiuwBi. iw .i, ii.vii i'ci uuieii, sprouts, fr; asparagus. 6c. ONIONS No 1, $3.00ra3.26: No. 2, $2.50f? 3.00; garlic, 7i8c per lb. APPLES V002.0o . Keats, Fish aud Provisions. FRtSH lifi.liJ, wnoiesaie slaughter ers' prices: Bust steers, 10U10c. ordi nary, V10c; best cowa, 9Hc; or dinary, f9c. DRESSP'D MEATS Front street taogr. fancv. 10c per lb.; ordinary, 10c lh : heavy. 84j 9c; veals, extra. IlUc; ordinary. 11c; poor, 10Hcllc;! spring lamb, 105'11c; mutton, 8c; goats, 23c; beef. 6 9c. LARD Kettle leaf, tierces, 12c lb.; I steam rendered, tierce. 11 uo per lb.;j ! compound, tiercm. 8 c per lb. , HAMS. BACON. ETC. Hams. 14 4 , lOliillc; breakfast bacon, 1 , 4ji2Sc; boiled I ham, 2226c; picnics, 12'4c lb.; cottage' roll. 15Uc per lb.; regular snort clears. I smoked, 14Vc; backs, smoked, 15c; : pickled tongues. C6c per lb. FISH Nominal Rock cod. 10c per lb.: I flounders. 6c; halibut. 84ji9c; striped . aa. imiQif t 1315c lb.; frozen salmon, lo; soles, 7c per lb.; shrimps, 12Hc lb.; perch, 7(f8c; tomcod, 8c; lobsters, 26c; her rings, 6156c; black bass. 20c; sturgeon,; lSc lb.; Columbia smelts. lV4!c lb.;, silver smelts. 8c lb.; black cod, 74c; crabs, small. $1; large, $1.60; -medium. ! $1.25 doz.; California dressed shad, 7c; i roe shad. 10c. . OYSTERS Shoaiwater by, per gaU I Ion, ( ); per 100 lb. sack, $5.50; Olym- i pla. per gallon, $3.25; per 100 lb. sack. $11.60: canned eastern, 66c can. $6.50, doz.; eastern In shell. $1.76! per 100. ' CLAMS Hardshell, per box, c lb.; J rator clams. 12Hc dozen. 12.26 per box. I Hops, Wool and Sides- . HOPS Contracts, 1911 crop, 17c;' nominal; 1910 crop, choice, 19c; prim to choice. 18i2184c; prime, 17o; me dium. 16164c; 1909 growths, 174 18c. TALLOW Prime, per lh.. 6c; No. I and grease, 2W2 40- WOOL Nominal, 1910. Willamette valley. 1617c; eatrn Oregon, vn, 124c. CHITTXM JAICK 1909. nouilnal. lo, 19U. 6c SHEEPSKINS Shearing. 1016 each; short wool, 26060c: medium wool. 0c$1.00 each; long wool. 76cftL2l each. HIDE8 fry hides. 1(49140 Ib green. 6 4 7 4 c ; buila. green, salt ' lb ; kips, 6 4 074c; calves, green. 120 Uo per lb. MOHAIR Nominal: 111. 14 Ho. CHICAGO 8HORTS STAMPEDE Rush to Cover When Foreign Cables ; . Are Advanced at Start. Chicago, April 20. Wheat shorts were , caught in a trap today and opening quotations showed the extent of their i desire to cover. The market closed 1 4 ' Bl?iC a bushel higher than yesterday,; after opening with an advance, of 4 4j lc. ! Sharp advance in the cables this 1 morning brought out the full force of j short covering and gave tho trade here 1 a big bullish boost. At the opening May was sent to 89c, July to 6c and September to 86 Vic. Minneapolis was reported a good buy er of wheat. Millers there were ofTerlna: ZWic over the May. for No. J North-.' ern. Argentina shipments of wheat were 2,800.000 bushels, compared with 1, ttsS.OOO bushels a year ago. Range of Chicago price furnished by Overbeck & Cooke Co.: WHEAT. DISTURBERS Open. High. Low. Close .. 894 fcWt 894 90 . . 86 f R4 86 8 7 . . 86 .S74 86 864 CORN. 604 604 604 604 51W 614 614 614A .. 624 624 524 624 OATS. .. 31 i 32 4 81 32 .. 314 32 811 83 . 314 31 314 SlH-a PORK. . 1643 1562 1685 1647 . 1465 1 4S7 1165' 1477 LARD. . 777 75 777 783 . 785 7S5 735 792B i . SOO Ri5 795 7J7 t RIBS. . 830 ;:7 880 835 . .790 H01 790 795 . 790 792 782 787 May July Sept. May July Sept, May Julv , July , May , July , Sept. May . July . tic Pl". Journal Want Ad's bring results. in mm nnomnii ran pnnniO DD V in miPMH uiiviiiiiivi '" n" uQ w" nu"' u? ,DB" riiif ilium. viiirri i 111 III Mil l ll.llllllll III HUIII I UUIIIVII Swine Down a Quarter All Around; Good Steers Are Not What Buyers Want to Pay for. la th Stockyards. Not Hi I'ortiand Hogs 25c lower, cattle depressed, eheep ttcndj . ' South (imali.i- Hogs 10 to 15c lowir; cattle weak and lower; sheep steady to lower. ( 'h Icagn Mors er; cattle weak; 10 to 16c lw slieep weak. AWAIT LOWEB PBXCBS. ror 48 honra oattl buyers bay been awaiting a lower market for supplies at Worth Portland. They bay bn holding back their purchases and yn j th offering of selected Quality failed to mov them. Th situation there lore at present 1 th surrlval of th best holder. rORTI.AN!) UVKKTOCK RUN. HoK'3. C'al tle.Calves. Sheep. Thursday ' WidneHday ' Tuesday . .. i Moadny . . . ' hat ui day I Krldav I Week ago . 1 M 10 371 1.14 33 681 .33 251 673 S6U S5 201 The cattle market was generally weak i with buyers trying their best to beat down iiota t ioiiK. Tho run for Iho ditv was stcall but added to these, were the extia fine stock that rm through from 1 Idaho Falls and did Dot find buyers at Miltable prices yrstei'day. There waa a good run of sheep and lamhH in the vhiuh today and the trade was considered steady around previous quotations. Some 'old wethers sold St $4.76 weighed off cars while yearling wethers brought $5. Hogs were weaaer snd sales were I made today fully 25c lower all around. Among th Shippers. ' Cattle T. Buna & Co., Madras, Or., lone load; H. N. Snyder, Anaconda, Mont., I one load; Lnnergan & Shaffer, Idaho Falls. Idaho, two loads; Jacobs Shaffer, 'Rlghy. Idaho, one load. Hogs -Lonergau Bhaffer, Idaho i Falla. Idaho, one load; Jacob Bhaffer, Blackfoot, Idaho, one load. I Sheep R. M. Stanfleld, Stanfleld. Or.. I two loads; J. 8. Flint. Junction City, Or.. ; one load; J. E. .Iggler, Grand Dalles. I Wash, two loads; E. P. Ketchum & I Son, The Dalles. Or., one load: I. D. I I BoDlne, Idaho Falls, Idaho, two loads. Mixed stuff J. C. Flint. Junction City, Or., one load cattle, calves and ! hot; m. Besides these arrivals J W. Wiley I came In from Mrtford. en route to Can I ada, with one load horses and two loads or sheep. Today's run of livestock compares with this day in recent years as fol lows: Hogg. Cattle. 8bep. 1.0OS jiji J59 1X5 ; III 0 "7 iiun ; i n 4 R ii'o7 90 'i90 , ,knc .If. 2 213 165 29 ins 110 ?ft 650 1.035 A year ago today cattle, hogs and sheep were easy at unchanged prices. Tarda' Official Sales. Following sales are representative. Thev Indicate demand. supplies and quality offering. STEERS. Average Lbs. Price 1 steer , 1020 $6.00 COWS. 2 cows 1040 $5.75 8 cows MS . 6.85 2 cows 80 6.00 BULLS. 1 bull 1 670 $5.25 1 bull 1550 5.00 5 bulls 1540 4.75 2 bulls 1045 4.60 3 bulls 12 8 75 2 bulls 1125 8.60 1 bull 760 8.00 SHEEP AND LAMBS. 87$ lambs 81 $5.40 87 yearling wethers ... 88 6.00 114 old wethers 105 4.75 16 ewes Ill 4.65 HOGS. 66 light hogs 1 $7.25 6 heavy hogs 810 6.80 1 rough heavy 360 6.00 Following Is the average range of values in effect in the North Portland 1 yards: I CATTLE Grain fed steers, 17.06; beat hay fed steers, $6.50; fancy, t 36; I cows. best. $5.25g5.60; ordinary, $6.00; poo.-. $3.004.00; stags and bulls, $3.00 I ijM.00. ' HOGS Best light. 7.0O7.26; ordl ' narv, $7.00; heavy, 5.006.30; feeders, $7.50. i SHEEP Best yearling wethers. $5.00; 'old wethers, $4.76; grain fed lambs, 1 $5.25; ewes, 14.26: sheared wool sheep I and lambs, 660 higher. 1 CALVES-r-Best, J8.008.60; ordinary. 1 $7.00: poor, $3.0004.60. Bank Notice Security Savings and Trust Company Crbett Building, Fifth and Morrison Streets Capital and Surplus $950,000 Invites Accounts of Merchants, Individuals and Savings. UNITED STATES DEPOSITORY. MERCHANTS NATIONAL BANK XSTABXSKE9 1886. 8XCOBTO ABO WASaTZHOTOlf tmtBZTB PORTLAND, OREGON CAPITAL AND SURPLUS $350,000.00 The Merchant National Bank solicits the business and cordially In vites the accounts of individuals, firm and corporations, feeling assured that the unexcelled facilities and thorough Knowledge of local condition acquired during our twenty-five year of banking experience will render relations, once established, permanently agreeable and mututally bene-, flcial. t . t B. X 9UBJCAX. Fresldent Oro. W. HOTT, Cashier. -S.C CATCKUrrj. Asst. baahler. a. nUTSAIVt. Aast. Caahlar. Outside Brands of Butter Are Lower, Except for Better Known Makes. Country creamery butter Is now offer ing so freely to th local trade that prices are being reduced. Trier I now a surplus of all grades of butter and all quotations are easier, although city iroatnetics are quoting no further change Hince .Monday. Meet country creamery, outside or the better known brands, Is today selling ut 22'C a pound, making the value be low what importers from California can sell their goods at. (in this account it la not likely that further supplies will he brought In from the south at prea ent. The butter market today Is within a fraction of the low level reached a year go, but the trade believes that prices rill go still lower. With th price of other foods lower, there Is general be lief that butter will be forced below a yesr ago. The maKe of butter to aate inis sea son by Oregon creameries is somewnat greater than a year ago, although city nstltutlons report a smaller output. Die Increase is due-principally to th earlier flow of milk this season. MUCH ADO ABOUT RECENT FROST Fruit Weather Forecast. Oregon Pair tonight, wanner south portion. Friday fair. sTortherty wind. Washington Pair tonight and Friday, xoept showers Friday near th coast. Vortherly winds. Idaho Pair north, showers south por tion tonight and Friday; wanner to night Harney on Safe Side. Harney county ha not ben damaged as these more fortunate neighbors as vegetation was not so far advanced here snd now that "spell" ban passed we may expect crops 10 go forward In a ery satisfactory way. The only real damage the cold storm has done, if any. Is a possible loss to sheepmen who are lambing. We have heard . of no loss, however, snd perhaps none has oc curred, says the Burns Times-Herald. Frost Damage Light. Lewlston. Idaho. April 20. Experi enced fruit growers say thst even though the frost has resulted in de stroying 30 to 4i per cent of the blos soms, hand thinning will have to be resorted to later In the season, as the trees are so heavily laden that It will be necessary to reduce the load to pre serve the quality of the fruit. Prunes Not Damaged. Robert Johnson has examined the big prune orchard north of Corvallls and Is confident the frost has done no damage yet. Sunday night the temperuture dropped rapidly after 6 o'clock and fell 13 degrees before 12 o'clock. It dropped to 35 degrees and staid there. Hob notices that the bees are not work ing In the prunes and thinks this Is a rather bad sign, but still can find no damage to the blossoms. Grape Crop Ruined. Freeno, Cal , April 20. That fully two-thirds of the malaga shipping grape and Thompason s seedless raisin grapes were killed by recent frost Is the opinion of fruit men who have re turned from a tour of the country. The thermometer dropped as low as 27 In some ranches, and smudging had little effect. The frost was of the black variety and ice formed on tho water In places. Early estimates of the damage done to raisin and wine grapes Is from one third to-a half. Alfalfa was hurt, but fruit trees were not Injured. Smoke, Little Fire. The frost of last week caused no lit tle anxiety among the orrhardlsts In this section, but after the scare It has been found there was little rtal dam age done, says the Grants Pass Courier. Some of the pears and peaches were Injured, but.' fortunately, it is snld, the effect of the frost only amounted to properly thinning the fruit, ss the blos soms promised an over abundant yield. In this Instance nature was kind In hav ing given us enough and to spare. May we always be as fortunate in our deal ing with the frost king. Damage in California. The San Francisco Chronicle savs: There is little doubt that considerable injury was done by the frosts of the nights of April 12 and 13. but how much cannot be known as yet. First reports of such injuries are nearly al ways greatly exaggerated, ana as to tree fruits at least there is no reason to suppose that, considering the state as a whole, any damage was done which will make any appreciable difference in the size of the crop. The greatest sup- nosed injury to tree rruus was reDort ed from Placer oounty, which is one of our earliest districts, but it is prob able that whatever damage there was there was confined to depressed pock ets in wnicn mo coia air settled. The case of grapes Is different. The grapevines are much nearer the ground than the bearing branches of orchard K. X HOXJMtOOX. Tlos President. Milton Fruit Saved. A representative of th Milton. Or., Eagle Interviewed a number of orchard 1st yesterday and all thought that lu ll or no darnag had been don, coun ty Krult Inspector 8.. J. Campbell says that not a bud was hurt, although some tnmg mat in a rew localities damagu baa resulted to peaches and cherries. So far th freezing weather has don but small damage to fruit In th Milton neighborhood. A good practice around here, which seems to help keep the frost from destroying strawberries, ! to run water through the rows over night. Th water draw the frost from th berries. Prospects Are Better. Corvallls. Or.. April SO. Local weath er conditions are greatly Improved and unless a sudden change occurs In the next few daya the fruit la safe. There haa been some anxiety on the part of the prune- growers as to the probabl- damage that the Saturday and Sunday frosts might have produced. It has, however, been found that the condition now are favorable for a good drop. Peaches suffered to a slight extent but sppies ann pears are as yet untouched and with fair weather for a week will be safe. naif Peach Crop. Toppenlsh, Wash., April 10. The peach crop la not entirely killed, say Pan McDonald, but there will be one third to one-half of a crop. "In fact, there'll be enough peaches so all can have them, and yet the growers will get a good price," la the way he view the situation. NORTHWEST BANK STATEMENT Portland Banks. Clearings today $1,969.71. 28 Year ago 1.804.363.36 Oaln today ....... Balances today Year ago , , ..$ 14.97.87 , . .$- 161.2K8.17 ... 238,991.1$ Taooma Banks. Clearings today $ 659.407.00 62.167.OD Balances today Seattle Bank. Clearings today $1,561,830.00 Balances today S80, 093.00 A spring reel, to take up the slack of the wire of desk telephones, is a new convenience for business men. 1 -i Alls v.vtf 14 I" III! i m m - 1 Hal Pi View of Portland's skyscraper district, reduced from the full-page photograph in Sunday's Ore gonian Magazine Section. LUMBERMENSS at Filth and Stark streets, is the , nearest National Bank to this district UNITED STATES DEPOSITARY THE BANK OF CALIFORNIA NATIONAL ASSOCIATION FXAXrCXSOO ' FOUNDED 1864 Capital Paid in $8,500,000.00 Surplus and Undivided Profits . .$7,828,023.03 BRANCHES Portland, Seattle, Tacoma and Virginia City We buy and sell Foreign Exchange; issue Drafts and Cable Transfer. Commercial Credits snd Travelers' Let. ters of Credit, available In all parts of the world: make collection on all points and conduct a general foreign sr.d domestic banking business. XHTEBrST PAXD OH TXBEZ AJTS SATUrQS DKP08TT8 PORTLAND BRANCH Chamber of Commerce Building -& gOBTBwxsT coBinem of txxbjd aicd btabx stsebts WTL A. MAO -BAB, Manager. 3. T. BXTBTOXAXI,!., Asst. Manager. FIRST NATIONAL BANK """' . 4 .... v CAPITAL $1,500,000 SURPLUS . $750,000 Oldest National Bank West of the - Rocky Mountains - vv - - - Report That Southern Republic Will Suspend Duty on Ce real Heard Here;' AH Lines Very Firm. Ohio Wheat Or By John Inglls. Tiffin. Ohio. April JO. Cleve land and Ftostorla to Tiffin, wheat run very uneven, quite a per centage thin and spotty. The major portion of the acreage run fair to good. Rained nearly all night. sUU raining lightly. WORLD'S WHEAT MARKET. Portland Cash club, 16c; bluestem, tOo. Liverpool Wheat Itt to lHd higher. Chicago Wheat 14 to Uo higher. Antwerp Wheat lvie nigner. Minneapolis May Itlis. . St. Louis May 88 4 e. Kansas City May 84 Ho. Winnipeg May S3 4c. On account of the tight holding by growers it la now atated that bids for club wheat are ranging .a high as 86 and 860 a bushel, trsck delivery. Port land. Bluestem bids are mostly at 80c, although leading millers say they are unable to pay more than 88c at present. Wheat movement la restricted on ac count of the new turn taken by pro ducers. Dealers have revised their es timate of the holdings by farmers, and now say there are only about 6,000.000 bushel in the three states. Of this 1 iMmr ? twin NATIONAL A N K they now eetlmat that California sffl Reed from 1,000,000 to 1000,00 bushel ef ore the - new crop U available to grinding. ' - ! -' A new factor haa appeared in the northwest wheat trade. It la now stated that Mexico will soon susoend the Dar ment of duty on importations of wheat and that Mexican Interest will soon be In this territory for supplies. If this should prove true it will have a very bullish effect upon values. Coarse grain list continues very firm, Buyers say that No. 1 feed barley Is worth up to $38.10 a ton here. In feet 121 Is being freely bid. Even thfs price is 60o a too above the average quota tlons previously printed. Oat market is firm with buyers gen erally offering $29 60 a ton here for No. 1 white. Flour trade is firmer. Probable ad vance aeema bright New Yorlf. Cotton Market. Open. High. Low. Closa 1S7T- . 1286 12ft 128$ liMM . 147$ 1481 147 1480981 14ft7 . 1480 1480 147 14MW87 , 1448 146 1443 145675 ,1340 1343 1388 13394l 1288 1392 128 12904r1 12R7ftg 127 1283 127 1281 tS! January .. March May June July August ... September. October . , November, , December. . l . . European Tours Through our For eign Exchange De partment you can ar range for any of the celebrated Raymond Whitcomb tours nd on the best terms available. Special tours spe cially arranged, if taken in time. Call upon or "write to Exchange Dept. MERCHANTS SAVINGS & TRUST COMPANY 6th and Washington Sta. Capital $150,000 W. X. FBAJB President WXUABD CAJTB . . Tloe President O. O. BOBTXXBTZB Oa shier B. K. BrrZO Asst. Oaahles Open Saturday evenings, f to . Are Frequent And disputes often occur where business Is conducted without the aid of a Checking Account. Tour business and deposit may be small TODAY, but they are LARGE ENOUGH to need pro tection against Cash Losses. Why not have the protection of this bank? It cordially Invites your Checking Account large or small. 7 Open from 8 A, M. to 6:30 F. K. Saturdays 8 A. St. to 8. F. X. Overbeck & Cooke Co. Commission Merchants Stocks, Bonds Cotton, Grain. Etg. 21017 Board of Trade Binl3faff Members Ohleago Board ? Ttasla, Correspondents si Logan A Bryi CM oage. New Terk, Bsatsa, We- have the eory prlvats (Mmnaetlng Portland with the eastern ewshangea. 1 Wherever merit alone is consid ered in the adop tion of a street pavement, there you will always find bitulithic. THE BARBER ASPHALT PAVING COMPANY " - ..v. v. jj. ...... Construct Asphalt snd ather Bitum inous Pavementa 605-608 ' Eleotrio Bldg.. Portland, . :Or. Oskar Huber. , , . v Manager. - .. v , mm