'.'.'it'.'-' ' " '
.1
v. I '
. THE 1 OREGON SUNDAY 'JOURNAL; . PORTLAND, . SUNDAY" ' MORNING, MAY 21, 1911,
. i .. ..Ui4.Jlll.il. 1-miULlMI.IJ.XJJ
1
. I
MARKETS
Rcvlcw ol tiic World'o Trade
of tlie Pnot Wcck ;
HOP SITUATION IS
' ,v. '. -
E
GOOD
HOUGH
BUT
GERMANY IS GOOD
DRIED FRUIT MART
SPECULATORS HUR
T
Place Artificial Values Upon
Br Alfred V. Doncgan.
XI. 8. Consul, Magdeburg, Oermny.
Ther Is a ministerial order prohibit
In the admission and sale of dried
frulta In tha preparation of which there
tiaa Deen used mora than g.izo per cent
of aulphuroua acid W02) (achwafllcha
saure), bXJ2). In epita or repeated at
tetnpta on the part of local importer
to prevail on American exporters to ob-
, , - ... Hnriro mis rrifuiauun 111 mo pi ?(rj ii.ivjii
Prnrfllftt and Therefore MIS- of those fruits intended for export to
- - Germany, mtla success has peen at-
lead Producers Market l&FiT JiJ&
... . position, especially In vlaw of tha strln-
Stands Very Firm. nt ??.fo,rment ot th law by ,r-
To take a case in point, a large order:
eonslirned to a wholesale house in
Magdeburg met with tha usual exaralna-
r.u.m..n Tvli I lion in namoura rm, vihuuh" wu
Br Hymen II. tone-SJ. I 1 nntn 1nat a. minimal cronortion
4 With StocKB 01 Ola nope in me ukuuo i mora man ma prescnueu smuuiiv st rul
. ...... ,km mnt within a arener-I nhuroua anld. was In this Instance ad
eHtm or more tha outlook for favorable mltted. and an offlolal attest authorls
SrloH f or the coming? Yrowth could Ing Ita sale Issued, The firm hara. rely
llillJ L imnrvad Ing on tha attest, delivered a part of
Perhaps tha only drawback to the the consignment to one of ti customers
situation la tha tendency of California In tha province. There, after a further
trwwm to contract thiir cropa prior lnapection, 1U aaJa waa forbidden and
tVrrowtn Thla Bervea to feed the the dealer aummonad to appear before
m.mm.tm -m -m i aw aitrMAMriaji Ha vaa nrnnainiT inn
wanta or tna orewerB n . . .:VT. , ;r, . . k.
I IU Olliv II l 1.1.7 1 aftUCTAnuvw. .t
i waa placed in an
i HdMm nr feature or the neavy I unpieasani ana mm puoinyu, iui
eontractlng In California la that deal tha Uleral preparation or ma rrmi, ana
era have been amonf the heavlect pur-1 of couraa he blamea tna American ex-
rhaaera. These contract were prwr. . .
for speculation, and therefore, while I Complaints Aralnat raokUa"
the buyers retain them It Is not likely j HJven mora complaint la heard con.
h. thv will incline toward the bear i RM-ntnc- lmDerfect nacklnv. The 1m.
Ida of tha markett I porter referred to atates that an average
,V CocBraoUna' Za roily. of 20 out of every 100 caaea arrtvea In
'' t, ..I.. 4 w.a nrint.il In I a dam a red condition, with tha oonse
these SO caaea an
to b pounda out of avery
, thla column that r rowers ware taking quence that from
'iC'KathSwr Thi 25 pound.ffrita. either been loat
situation has been so strong that bud- or atoien m iranpuriiiyu. v...o.-
. "atontlal prtoaaarV - gvaracteed all Ing tba great length of the Jrurney and
lumg, but wentlyVtha tone baa been the rougl treatment that they are noc
H.mA ( S .r. hi hv backward-I eaarilv exposed to. the c&sea ahonld be
'mm i Sf tha world a crop In general and made of Che t vallabla wood
the poorer prospecU for aven fair and In a manner cabla of "8lnf
production. M bad handling. In P'to' the abort
The Pacific coaat hae been one of journey and comparatively carerui
tha world a greateat producing aectlona handling, tha easea uaed by the French
for hop, but thla year conditions are exportera are far atronger and always
. uoh that It hard to aay at thla time Btrenrthanad by iron hoopi, which are
whether tha crop will be given a chance practically never found on the American
to mature, '.: - . boxea. Tha result la that they are
Wet weather has been general all rarely damaged, and tha buyer receives
i mw,A I h. Mlnv aAaftnti VmM.h tilt In fftlmTlt COnoltlOn.
. - v An an nit a iwrlnii that I Bn.lan ahlnnara. dealroua 01 Obtain
In many places tha vines are scarcely inK a strong footing In the local market.
coming out or tna grouna, wnua an nor-
. mal aasons tying has been almost con
cluded in the better yards.
- In California the situation has been
aven woraa than in Oregon, for here
wet weather is generally expected, but
-In the south they have a much larger
" tummtan at aimshlna at this tlraa to
JsUrt. the growth. According to , re-
cent mall adviees rrom tne aoutn rno
1 yard in some or tne leading districts
' have been, under water for ao long a
. time, that it Is feared that the roots
hava soured. i
Bpaonlaton Are Aetivs,
: Speculators hava been very active In'
' the public prints recently. They hava
'. bulled the market on tha slightest pre
fer f and even without pretext. When
an offer waa made for contracts at a
certain erice It .was sura to be (riven
; ' out by certain papers that a cent above
this was onerea ana reiusea.
These were practically the sama tac
, ties aar were utilized by tha hull specu
- ,1a tors during tha past two seasons and
which proved so disastrous to tha mar-
"I At tha nresent time "tha hon market's I &T Joseph R Pritchard.
,positlon eemi secure enough to lift Chicago, May JO. Tha principal long
e prices oh their own account whenever j May-wheat who ts now known to
.-a legitjmat .demand appears. - Such r- b 'j Llchstern, tha largest trader
f ports do not fool tha buyers of hops , r, 'v. i ! f h rhi.
i the brewers for they are Informed as n rrain. Stocks and cotton In i the Chl-
to the real state of tha market and po- cago mantel, caimiy aemauaea
. Kition or tne crop, it simpiy misleads i or an tnat cerea purvmmau
are now giving great satisfaction, due
largaly to their successful attention to
these details, which the importer ex
pects and demands. Recently a case
of dried Servian prunes was opened in
my preaenoa. The satisfaction of tha
Importer was apparent whan ha aaw
tha really artlstio manner In which the
fruit had 4en arranaed in tha cane.
klle waa surprised and undoubtedly
pleased to find Umt tha exporter had
rod to the expanse and trouble of
Placing a handsomely designed oover
between each layer of fruit, with the
name of the Imnortlnar firm nrlnted
thereon. While tha quality of tha fruit
waa not improved by thla extra atten
tion, annearancea count for much, and
were this case of Servian fruit Dlaced
alongside an American eaaa of oareleaalv
packed fruit, tha former would be the
cnoica or tna nonexpert. . .
' Interior rrnlt mapntatlom.
Another complaint is heard of tha
tendency of tha American exporter to
send over inferior fruit in seasons whan
unravorame conditions in SerVla or
France hava prevented tha export partly
ur enureiy irom inose oountriea, ana
tha Importer has bean com palled to turn
to the United States for hla goods. This
is neiiner easily forgotten nor rorglvan,
and doea not offer encouragement for a
larger export in thoae aeaaona when tba
aemana can easily be supplied in Eu
rope.
It should ba remembered that the
European competitor really wanta tha
frail, hara mwA with hi, lMM.MnklA.1
aavaniaa-e. Knowieore or tna reauire
ments of the local market, and hla will
lngness to make requisite sacrifices, is
undoubtedly eauipnad to offer some
compensation for the aught inferiority
of his fruit as compared with Ameri
can. Notwithstanding this, however,
the local Importer la anxious to give
' rt ..via wuD.uiq. A l.
Americans unaersiana tna art or prepa
ration better Is proved bv tha acknowl
edged superiority of our fruits over those
or jtiamDurg nrma who nuy zraah rruit
from other sources, and who, in splta
of careful preparation, excellent tack-
a . - 1 .... . ' ... -.J.
ing. ana tne aoimy to quicauy nil or
ders, are atlll unable to reach the high
uanaara or auaiitv aet dv anitricaii
fruita.
When tha time comes whan tha Euro
pean importer feels that ha can rely on
his American shipper to do all in his
power to glva thorough satisfaction,
then the export of dried fruits from tha
United States to thla market will tin.
doubtedly Increase.
DEMANDS ACTUAL
WHEAT SUPPLIES
A. J. Lichstern, Bull Leader,
Surprises Sellers of May
Confident of Position.
LATE KTORS
aaaaalaZi!IiIia!l
HMmMW HEAVIER supplies ;
I ST sr" BBF' . Ska, va : vr t r , , , " t , , , . . a JLI AaT ...... K ... MWMM W AT M JM M. a ' . i I WW af W tTW W AWt mTm MM, M M-m IVSk ..,
iwti 'fTL v: s w i 1 1 ... r" . n ' - ; . l wlt hi mi a m i
111. . I I ' i, ' I A i I AT - , ' ft mT" ,. ill U lllll.ll llllll
O r a & fri .LiiLuiuuii nuu
i m m m -a . . w "jt- aw w w -a- -m a m -k r . v a it -rwr ai 1 r- m 1
ak. ' .. ' 1. . ...... . . . ...-!'.... .aaaW .. 1 ...J. S I 1 .:..-. M. . M ' 1 " M . i . .....,.. . .. . ,a.. .i. . MM. . J.
1 I " 1 ... . .i . -.,.,., . . ,
1 " ' ' , ,. ' ' . ... .... r . a, .,-.' . t 0 ' 1 i y ; , It 4 1 '., t " . ' . ....I :' .. i
INDUSTRY LEADERS WEATflERj DESTROYS; :
Vffl OPTISTI
C
Look at Conditions Through
Rosy Spectacles-rF oreign
Outlook Is Hopefdl.
Fear They Will Fail to Get
Stocks and, Therefore
- Cause Stiff Closing.
the producer.
BOSTON WOOL HAS
.Trading So Limited That Little
Idea of Tendency of Price
' Is Obtainable.
; Boston. May 20. The local wool mar
ket waa very dull this week and trad- I brokers, and the selling scattered
inx gives nine iaea or tne tendency or
.."values.
- Aggregate sales were under 2,000,000
pounda of domestic stock. Irregularity
'Was also pronounced In manufacturing
. centers, st. iouis Buyers continue to
outbid Boston iana at western Bales.
English buyers are again over here.
pit-King up tsoutn American wools.
Trees Are Loaded. ,
. (Special DtaMtdi te Th Journal.
. Kennewjck, Wash., May 20. "Traea
loaded flown with fruit and no smudg-
P.
ing" la tha tale that comes from Hover, i"'y,
a little town near Kennewick. Mr. Vol-
iva came from Hover bringing with him
a load of specimens of their fruit,
peaches pears, apricots currants and
other kinds of fruit; these were dis
played in the window of the Hover In
vestment company.
Mr. Voliva states that the trees ara
overloaded eo that the ranchers are
aireaay oeginnmg to uiin to save some
oi the branches. They plan to leave
just as much as possible because fruit
will undoubtedly be high this year,
a hero was only one man who smudged
5rA tnere "m! to be no perceptible
. difference In the amount of fruit on
i his treets and on these of men who did
not smudge.
H. A. Hover attributes this extraor
dinary escape from frost without the
aid of smudging, to the fact that the
Mover valley is a narrow valley which
butts right up against the hills and
also because there Is a good air drain
age. . i .
'-' l. No Central Agency.
JSped.l I'lspntrh to The Journal.
: Walla Walla, May 20. No rntri
v selling agency for tha fruit of the!
'' . , northwest will be established this !
'tyear, accordinu to what annpin n . i
. , ' authentic information here. At least
" . the plan has fallen through for the
present year; and It Is doubtful if two
' ' three yfs more will consummate
, ) it, although it is believed certain that
, , Jt Will eventually be worked out.
"I " Little Actual Damage.
"J ' j Bfertl Dtapatcli to Tha Journal, t
. -Th feallesv-Or., May 20. Although
considerable tear for the fruit In this
vicinity was caused by the heavy
- frosts of three or four weeks ago ex
"" . n,,"atlont th present time Ciscioses
tha fact that very little real damage
. ; waa caused by the cold spell.
-Cherries nd peaches aYe looking ex-
e(ptionally welf nd reports from tha
.1 srain country south of here sgy that a
his crop is -expected.
his
brokers for delivery on May contracts.
This position of the bull leader shows
that be feels sura of his position in
the market. It demonstrates tha fact
that he is game to the backbone and
that he sees a way whereby the "corpse"
of the enormous deal may e marketed
either in this country or Europe. He
figures that the winter wheat crop, is
not ready for the harvester as yet and
that the crop in the spring wheat states,
as well as that north of the interna
tional line, is likely to face drawbacks
or 'more or less prominence before the
grain has ripened.
Not only the speculative world knows
of th a-reat benefits derived from bull
marKPts in an commoame, uui mo puu
lt( has watched the manner In which
grain Is drawn from the hands of the
proaticers wnenever prices are i
satisfactory level.
, Tha Armour Grain company sold
6000 bushels No. 2 hard winter what
c. i. f. Buffalo at S8c. today." This
wheat was taken in by that concern as
a broker on May contracts. There was
setonly a small trade in May wheat here
today with buying led by Lichstern
ling scattered, xnat
month closed c better for the day.
The more deferred securities were off
140 and ended ami.
Range of Chicago prices furnished by
overoecK et wookb vo.:
WHEAT.
Open. High.
94 95
17 87
CORN.
52 2
62 63
OATS.
By Tbotnaa C. Shotwell. .
New Tork, May JO. Just at the close
of tha market today belated investors
became alarmed lest they should fall
to get stocks and began purchasing
freely, with the result that the market
closed strong, active and at the top
figures ot the day. with net gains for
the session. Union Pacific and Steel
were the leaders and they will ba the
leaders in the long campaign for bet
ter times that have at last begun in the
stock market.
This campaign will run side by side
with the improvement in business' that
Is now assured. The west is pessimis
tic out tne nnanciai situation riwes tn
the east and the gray mists of early
nnwn win soon on aispeuea in tne west.
1 ne west win wane op in a few weeks.
Range of New Tork prices furnished
oy weroeca et (jooks uo.
By Preston C. Adams.
(Pubuabers', Press Leased Wire.)
New Tork. May 20. Leadara nt in
dustry continue to look at candidates
through rosy spectacles and if thev have
any misgivings as to the outlook keep
iwrouoaings to tnemseives. Not
enly Is the situation to their minds sat
isfactory here, but abroad as well. For
"""" HKriea ju. Bcnwao, before his
departure for an Kuropean trip had this
to say:
.TTo5. wUl recu that there was con
siderable grumbling last year over poor
steel conditions, but at the end of the
year the report of the -various steel
companies showed in nearly every case
the second best year In history., Soma
people are complaining now But produc
tion for the last several months has not
been nonr u Mn. r.r .vi.l
, . --, . -..v.. v. yy 11 lull IB
found In iron production, which has been
fwnnin at the rate of close to 25,000,-
"For several weeka thr v.a a
Ing off In new business: but latAiv the
railroads and certain other consumers
Of steel have shown more of a aisposi- j
win iu cnior tno marKet, 1 .Delleve the
next turn win oe Tor the better. Money
SHEEP AND GOATS
By Jcsm B. Jackson.
United States Consul, Aleppo, Syria.
Durlne- tha past winter the weather
in northern Syria and Mesopotamia wai
the severest known in this "country
within the memory ot tha oldeat In
habitant, and a-reat numbers of sheep
and goats perished from cold and star
vation. The snow was two to iour teei
deen all over the plains throughout
January and February, preventing the
BtocK rrom grazing as la usual auring
the winter, which is ordinarily no more
than a cold rainy season.
Sheep and goats are rarely fed at any
time or tne year, tne proprietors a
nendlnsr upon the sairaclty of the herd
era to drive the flocks from one terri
tory to another for pasturage as the
seasons change and cause more or less
growth or drought in the respective lo
calities. Conseauently. when the un
locked . for heavy snowstorms occurred
early in January, the flocks were
caught, " in most caaes together with
theltf keener, in localities rar distant
from their homes and out of the reach
of assistance. Many herders . saved
their Jives onlv by burnlnar tar that
they carry along to 'heal -wounds of
the animals; others by killing "several
head and removing the skins with which
tbev covered themselves: and still
others by, killing the anlmala and build
ing . fires with - the carcasses. Many
families of Bedouins of varloua tribes
were found frozen to death in their
tents. . '
Many Ewes Itost.
It is reliably reported that 60 per
rent nf the ewea in the rear ton of Bae-
dad have been loat, in the Movdul dis
trict ?5 per cent, and in ' the vicinity
of Desire at least. 75 per cent, tin the
autumn months of 1910 about 800,000
Description ; Openi Hiyhi Low Bid
May
July
6ept
May
July
Low.
4
87
5114
62
CJose.
88A
87
61
61 KB
62B
May .... 33 34 33 S3
July .... 33 84 83 33
Sept 33 34 33 38
PORK.
July ....1460 1482 1466 1468
Sept 1406 1406 1397 1397
LARD.
May .... 802 797
July ..... 805 806 802 ' 802
Sept 810 812 810 812
RIBS.
May 776B
July 775 777 776 775B
Sept .... 770 772 770 772
Xew Tork Cotton Market.
1 . -. - Open. High. Low,
January ,3S0 1314 1806
March ...... 18H 1318 1311
., May ........1698 1898 3594
June .,....1599 1698 v 1698
July ........ 1808 1810 1590
s August . ... 1638 1638 1 611
September .,1368 r1870 . 1862
October i ...181T , 1322 1811 :
- Ts-ev-mb ' , 1 so J "1 2 0 9 T J i o"
. XcesjjMtr ...12 96 IH ) .
Close.
1808004
1310
16S3
1684
1594
1626
I860
1311
102
1304
FRONT gTRKET (grOTATIOM
tfraln, rionr aad Say.
WHEAT Nominsl. Track delivery
Club, 8687c; bluestem, 9394c; fortv-
fold, 8686c; Willamette "valley.
00c; rea nusiian, 01c; a uraey rea, soo.
OATS Noralntl Producers prices
Track, No. 1 white, 129.50; gray, 128.50
29.00.
BAKLET Producers' erica ltia
Feed, $28; rolled, 29.60; brewing. 329.
MILLSTUFFS Selling price Bran
$25; middlings, 281; shorts, 116.00; chop,
tl9!6.
HAT Producer's price 19T0-1-TaJJaj
timothy, fancy, $17?18, ordinary, $16
17; eastern Oregon, - 319.0021.00;
mixed, 1 1 6.00 ! 16.00; clover, 111.00;
wheac, 312.00(313.00; cheat. $12,000
13.00; alfalfa. 114.00; oats, 812-Oe 018.00.
FLOUR Old crop, patents, 4.98:
Willamette, $4.80 per barrel; local
ttraight. $8,860 f takeri. $4,460
4.65; export "grades, $$.698.80.
Butter, Zgra bo Vonltry.
BUTTER Extra creamery, cubes' aad
tubs, 24c; prints, 25c: ordinary
prints, 2023o; storage, 18c; dairy,
12 16c.
EGGS Local, extras, 21c; cass count,
fresh, I920e: spot buying price.
19 c t o. b. Portland.-
BUTTER FAT F. o. b.worUand, par
pound. 24c. 1
POULTRT Fancy hens, 80c: fowls,
19 per lb; broilers, 25 270 lb;
fryers, 2880ci geese, lie; live young
ducks, 27$ 3(icr turkevs, alive, 24c;
dressed. ?7c. pigeons, $3 dozen.
CHEES& New Oregon fancy foQ
cream, triplets and daisies. 18e per lb.;
young Americas, J8o; . storage Ylata,
1814e: California flitts, 14c.
yults ana VagetaUaa.
.-POTATOES Sellinsrt prices Bast.
fl.6fl; good, 42.40 t-oonamon,.,'. $2 2. 86.4
4iu
II-
Jr'n' carloads, select. $2.10; crdluary.
.1.
66
65
40vt
119
9
40
84
U2
106
80
Z34
11
82
88
76
80
-
06
128
18
147
'34
Amal. Cop. Co.
Am. Car F., a .
Am. Cot Oil. c.
Am. Loco., a . .
Am, Sugar, a. .
Am. Smelt, c . .
Ana. Mining Co.
Am. Woolen, a
Atohlnon, c.
Bait & Ohio, o.
Brook, R. T.
Canadian Pac,, a
(Jen. Leather, a
C & O. W., a .
C, M. & 8. P. ..
Ches. & Ohio . .
Col F. &Lt .
a s., c. ....;.'
C. S.. 2d.
C. S.. 1st pfd..
Corn Prod., com.
Corn Prod., pfd.
Del. & Hud. ....
D. A R. a., com.
D. & R. Q.. pfd. .
Erie, com
Erie. 2d Dfd
Erie, 1st pfd. ...
G. N., pfd. ......
111. Contral
Int. Met, com. . .
Int. Met, pfd. .
L. ft N ,
M. K. ft T. 00m. r
M. K. ft T. nfd.
Distillers
Ore Lands . . . .-,
Goldfleld Cons. .
Mo. Pacifio
National Lead..
N. T. Central . . .
N. T O. A W.. .
Nor. & West. c.
North American.
No. Pacific, 0...
Pacific M. ft Co.
Pennsylvania Ry.
P. L. ft C. CO.!
Pressed S. C- C . 85
Reading, c 1159
nep. 1. a o.. c. .
Rock Islanu a.
8t- u. & B. c.j2 p
tit. Ij. t 8. C
Pacific, c
... . .mm. q. , v . .
Texas & Paciflcl
T.. St. L. & W.. c
ao ora .
V. Pacific, e...
ao pra
. S. Rubber, e
do pfd
S. Steel Co, cj
ao pra .......
Wabash, o. .....
do pfd
W. V. Tele.
Wis. Central, o. .
Allis Chalmers .
do pfd. ......
Am. Can.
do pfd. ......
Alton, c.' ,..,
ao pia.
W.. pfd. ....!
Nev. Cons. .-...
Lehigh Valley .
000.. p. .......
Westinghouae
Beet - Susrar
Utah - Copper .
Third ' Ave. ...
ice securities
Con. Gas .....
Big Four,.i.
R'y Springs
- do Dfd.
Va. ; Chemical. . .
it. .p.' southern,
do pfd, .......
oen. Kiectno
Wheelin
Mexican Nn
67
65
61
42
120
so
'40
84
112
106
gOTi
234
8
21
125
83
33
76
68
66
60
40
119tt
79
34
112
106
80
233
80
33
60
129
18
147
34
36
68
S1
66
108
76
127
. 26
122
87
641
61 $
h
108
21
124
82
88
75
i
80
82
so ai
128
16
147
34
75
123
27
123
86
160
31M.' 31
81! 33
41 J 41
118
Z9
21
183
T9
71
m
119
29
'ii
184'
"ii-.;
'80
77,
86?,
86
63
6
60
66
108
118
28
178 179
138 128
73 i 73
48 f 48.
46 47
144
11?
Total salts for day, 205,400 aharae.
145
21
183
a
41
ti
77
178
18 8 U
73
47
46
a . .
144"
1
67
66
61
42
120
80
40
33
H2
106
80
234
29
21
1247(
82
83
64
78
75
168
82
172
80
86
83
40
60
iza
139
18
62
147
24
66
86
62
5
61
661
108
48
108
75
127
Z7
122
105
85
169
31
83
42
.?!
119
29
27
183
Ji
113
80 4,
119
16
80
11
80
HIP CONDITIONS
GENERALLY GOOD
is easy, and there Is nlentv nf it .
Ing Investment The demand for high! head of sheep, 1 and 2 years old, were
kiuc uumui is pronouncea. Jne country I neing anyen irora cuinumuiai auvnn,
us irjmj 10 iors politics ana ousmess I ana otiwouj wiim. icyiiw " i
Interests in general seem to be more andretta to be shipped to Alexandria,
nopeiui. mere nas been better steel
buying by the railroads of late. The
railroads have been much of a factor
in steel for a year or more past, and
it would not surprise me in the least
to find them in the market as. large
uuyeia uejure a great wmie. a.'tierei.'lias
been more or less pesslmIstlS tall-on
the steel industry since tha flrnt of lt
jrear, and I believe it is about' time to
oecome a little optlmigtia.A Rood foun
datlon has already been laid or a busi
ness revivai."-r- - Tr.- t.-a:,-t -r
Then Isaac Guggenheim . on his re
turn from abroad Bays: "' '
"In England business is good and in
Germany exceptional! v rood. T found
that Germany Is buying more copper
than ever before. ' This Is due to the
great expansion or. business that is tak
ing place there.? . . . - . .
And T. De Witt Cuyler, a director of
the Pennsylvania railroad Baa been away
since January, Bays:
"Sentiment towards American aecurl
ties seems to-be good abroad and the
general feeling excellent The big su
preme court decisions are anxiously
awaited by the foreign financial inter
ests although I do not think they are
having a very deterrent effect on pur-
vubhqi vi our. vQcnnuea. ...
"Things here -I -believe are
Egypt, for 'mutton; 90 , per cent per
ished en route. In the environs .of
Aieppo, . Mama, Horns. , Blredilk. and
Orfa 4t is rare to find more than one
third to one half of each flock remain
ing, while many flocks, together with
their herders, have entirely t disap
peared. Many herders take their flocks
south during the colder seasons of th
year, and it is reported from Palmyra
tna t all that arrived In that district
were saved. Owing to the lack of sta
tistics, no fljrures can be furnished ea
to tha total niftnber loat nor .of those
remaining. ,
Great activity has been shewn toward
the removing of the wool from, the
f roien sheep and It is reported that
practically all of it has been saved. This
wiU be marketed under the name of
."dead wool.'' and at less-price than thai
wooi cupped rrom the living anlmala,
Effect on. Wool shipments. m '
According to statements from promt
nent shippers of Aleppo there remains
in s to ra&-a here from the clln of 1910
sdoui lOD.uuu pounas 01 partly wasnea
and 680,400 pounda Of unwashed wool.
Owing to t'ne different ports of t em
barkation of the wool shipped from this
dlstrfct.lt is impossible to estimate tbe
amount of the annual production, but
as the dead wool win oe saved tne total
exportation for the year 1911 should not
fall far below the quantity exported in
1910, though this will undoubtedly be
reduced by nearly one half in 1912, and
It will require several years for tha
wool business of northern Syria to re
sume its normal, proportions and lm
nortance.
The facts covered by the foregoing
win hava a direct errect udou tne ex
portation of goat nd sheen skins from
this district for several years to come,
or until such time as the flocks shall
recover in number sufficiently to per
mit tne resumption or minng. wmcn nas
recently oeen, greatly curtailed.
Cattle and Sheep Not So Firm
- and Hogs Are' Up Fraction
ijni iyiiiiMiiii 1 ft"i
: Local Stuff.,; ,.
PORTLAND LIVESTOCK RTJ5.
Cattle. Calves, Sheep.
1607
1384
.195$.
v70
388
1863s
16
38
45
ft
12
v'
631S
4731
4878
8034
2609
4210
By Hynuut IL Cohen
Heavier recelDta marked tha llvaatV
trade duvlna. tha v..1r . im.1.
. - - AIM. ...VULri
uw pnoea in an imas with the excep
tion of hogs and the latter' market was
nominally hi r her with nnlv a anrtna-iin.
of the arrivals from local points. Out
head were received here from the Ne
braska vard a. , Thin ift . 1 .
iwi.i. uciuuuv mti. Duyers readily-
Paid the small fraeflnnal
asked. 4 7 7 " " - . " .
. Even at the aJniiiu nn.i vi..
packera were atlll paying more money
to bring in tha swine from the Mlaaouri
river territory and the difference in fa-
r bi mm umana product landed here)
was from 10 to iDa In rimrof k.
atKKlrlo mtttft ., . - ,t "T
Pacific Northwest - Fruit Crops
Excellent -- General Re-
views -by Sections.
sound and the railroads- stronger than
ever despite the decision of the Inter
state Commerce commission. These are
simply typical. ,
One of the secret grievances of shin-
pers against railroads has been said to
oe tnat snippers are una Die to bargain
and haggle for their -transportation, as
thev did when there existed comnetition.
and that passes and other favors have
disappeared. A way has been found to
overcome mis reeling, jt is notorious
tnat wnen a man wno had ridden on
passes all his life la denriveA nf them
ne feels that he is deprived of something
tnat oeionga
e weekly Crop Report. , e
Fall grain l 'heading .out in
veryjeJ-Tnoat sections, and the spring e
aowlng is generally in good con-
dltion in practlcalty every sec- e
tion of the Pacific, northwest 4
The late rains have added con-
aiderabiy to cropvprospects in
the grain belts of the , three e
States of the north Pacific coast. -e
CEREA
LTRADEOF
WEEK VERY QUI
ET
Little Grain Remains and Buy
ers Withdraw Their Bids
... ! fort-Wheat.. ,':v
I malrfnir thA tAIfll TOr IViaV. UD ID LU1H
nrrVrlSVi rfa tiraV 2.41 1 inches This' gives the
, offer helpful advice, Brne j .7 " i.t.,r. riAaA anri
at the clubs, and tell how impos- 5Lr"ii?inmi r tfii eron "
It would be fer a railroad to sur- P10"08?'?1"-? u!! 'f.p:-i -v.-.
' . vail rruin is ueauii k vuu ""
! Walli Wall 3oiiditlons. ,
6pecial Dlepatem to The Journal.)
Walla Walla.-Mar V20. Both fruit
to him: he will par to I and grain had a good week in the Walla
ride on another than the one on which Walla valley, nan" ""fw,cA"
the business of railroad managers to week, the last two
1 . .1 u u... " I tha. a-rmind dried on toD without baaing.
In the west the railroads are conducting j 5in- .h- ,nni rilnv n
what thev call "Get Acquainted" trios, suddenly followed the cool . rainy spell.
All the local officers, of the railroad 1 Vnr a K i-Vrnn 7
and such eminent persons,, as can bel treT ProPct of a big crop.
naucea to go aiong get apoara a apeoiai-i , A"?-?"' 'ZX'Th.. nidinr dava of
iy luxurious train ana start over the 1 "'VT ri VTmnnh mora
line. Thev aton a everv llttl nlara. I the month liad nearly as mucn mora.
aoraire tne
the babies,
badly
sible
Vive its shippers. The general traffic
manager wianea to oe caitea oy nis
first name and to be communicated
with on any small pretext.' Requests
for new stations are gratefully re
ceived. A new station there shall be, sp
soon as tne interstate commerce com
mission will allow the - roads to make
little money, '
There 'is more talk than action in
Paris regarding the listing of Amer
lean securities. Almost every week a
report is a-ravei? DUDiisnea tnat wen- .1,. foiri. MnM v..
and-such etock. is. about to be elevated ..Trnln rad.-.-v Kennewick reports dam-
to the Parquet, out .so rar tneserer , ffom the long cool spell. to the
porta have seldom been- followed by 1 xlrViaa ur thi valiev has had not Rt.
action. Atchison, according to state-i Krir from this source. Warm weather
menu wmwjr puwin m , w M at present . baaiy neeaea, nowever. ..
receive this honor $10,000,000 having Tha flrt anravino- , for th odllna-
iimsn ucyuojimi u iino Biaiiint mu i moth has Been ' rinisnea, ana xne or
necessary bankers' receipts. .Then it chardists are back at the scale, which
waa said circumstantially, that Amerl- lB being exterminated in all parts 'of
can. ieieuiiufio oiibub" rj in uuc niruhe valley. ine econa spraying rot
nimilar nromotlon. but further devel-1 nHnna. ,nK la noot-i Aim. , nr.
opments are awaited. Perhaps ' Prest- chardists axe busy with the hose and
aeni , tui jvb i"e BranjjTOv a uuusi 1 nozzle this year. All iruit crops are
while he4 waa., abroad, i. The .European looking fine, and ' more than ' an av
iavai.ur ia uv ; . 1.110 uivuico ' uujfiuk i rags ' crop is expaoieu.
4
4 . World's 4Wheat JPrlee. 4
e Portland Club, 86 0 87c; blue- 4
4 etem, 94c. , . '.i
e " Chicago r-May, 94o; July,
4 88c ask; September, 87 c. "
e Liverpool Wheat d lower. "
4 Berlin Wheat c higher.
4 ' Budapest Wheat c lower.
Minneapolis July, 9Tc bid: .
i puluth July, 99 c teste. - -
e " Kansas City July, 83e bid.
e St. Louis July, 85 c bid.
-
'
Fa.ll arraltt is heading
tha hHrt. ore out. the cool weather
has made , them fill wonderfully welL
Barley is also heading out, and this
orop will be the biggest that has ever
been harvested, la proportionate the
acreage. ;-"';'-. - j ' ... ,v
Strawberries appeared ' on th mar-
1... .1.1- 1. A ! 1 tnn aVlatrlt
HCI Ulia vr.a. j.ivni miv ...... v.. w.wv. .vn
and are bringing-$5 a crate. This price
held all during tne wee, owina; xo tne
cool.- cloedy . weather, which" held the
berries back. With the sun of Satur-
444444e44
Wheat market 'was quiet but verv
firm at Pacific northwest points during
the past week. - So little wheat remained
in the hands ot farmers that all of the
big buyer withdrew their bids and did
not make offers until the wheat was in
Sight, i r ' l .. , ' .
The market, for. barley was nominal,
but a small amount of feed is still
moving at,, last week's, quotations. A'
There was little trading in oats dur
lpg the week, but the market held
steady. ' Growers, however, were asking
an advance for white but were etill tak
ing .last-week's prices.
Trade in the' nay, market Is not so
firm and prices ere being -fractionally
reduced all around. : .
Flour market is firm for?patent hut
the attempts to advance the price have
not proven successful, import is quiet.
,. in Hi I ll'"-" 1 ill .'HI.!- (
Efforts are being , made to increase
the tobacco industry in Ireland, the
sol of which is said to be suitable for
raising almost all. varieties of leaf.- -:
With all tha t.iv m.t k. wi
, , . . . w- ..." inn irnuain
in hog production here the total offer,
ings from local points are showing but
HtUe changed from those of nearby
years at this time. In fact tha actual
number of . arrivals for tha , Parii.
butchering trade ia scarcely as many as
during recent yea nr for the totals of
all killings are now practically inoluded
n in ninvaia at morin ortland while
n previous . years soma nf tha w.i
killers received their stuff Independent
of the yards and these supplies were
not counted in the receipts here.
Nominal swine values at North Port
land: '
Best blockers .$t.7 CMS
Medium light 8.65
Heavy packers a tn
Rough packers 6.0006.60
cattle Outlook Poorer.
Outlook for cattle price during the"
coming week ia not nearly ao favorable
Grass stuff from California is expected
to arrive here during the next few dava
and . the commission trade in general
fe'e' the opinionthat thla wil
Drtnir dOWn the rir n .a.aM . 1
North Portland" f . ?" r lf l
i,.PKr,.!J the ptknt week th cattle mar
ket held rather steady aa a whole. There
i""1- " t31". -Jwo tne previous
week and 883 a month ago for a like
Period. A feature of moment In th2
2?. itim?rket 1urt" the week was the
Juki her? of "va load8 frora Ne-
General range of cattle:
Best grain fed steers .1 - 00
rancv erain fed ateera Ta o.o'ka
Ordinary grain steerf T . . ' .. "M
Ordinary steers ...J..... ,6.35
Best hav steers a an
Best cows : e.O906.'25
Medium cows ..... 6.2506.60
Ordinary cows ... BOO
Poor to fair cowa ... . ahmi'im
a" s v , ' a.iiu
rancy ouiis ... .. ,
Ordinary bulls . X "...,...
r.AT.w.a
Best light i,
ordinary , T.00
ronr ........ s.OOfi
Expsot Crop la Sheen.
While there waa depression and Inwar
prices generally In the sheep trade here
during the past Week, further price re
duction is generally expected bv han
dlers for the coming six days. During
the week there waa the areateat run
4.75
4.25
8.00
7.50
4.00
Concluded on Following Page.)
BIT17LITI1IC"
Pavement j
1 "Bltulithic parement put
down f out) years ago on
Sheridan Road is the best
boulevard pavement I
hava ever , driven over,
considering the elirnina
' ting of dust, slipping of
horses and ) skidding, of
automobiles" C D. Ber
ry.v (Stocks and Grain,
Chicago.
manv American securities. 'London has
taken large stocks of New Tork revenue I
warrants at s per cent or a trine bet
teran attractive deal In 2 per cent
discount marxet. ; Tne Hang -or .England
was a rain allowed to take most of the
new, gold offered in London, India be-1
mg tne oniy omer ouyer. c money in
London was obtained at, the low figure
of 1 per cent. In Berlin discounts re-.
: x , Apple Crop Light. r'
- (Bnectal Dlno.tch to Tba Journal "
Albany. Or.. May 20. Charles W. Wll-
meroth of Portland, w,ho is an export
apple buyer; hr rived here. " ,
Mr. Wiilmeroth is making a tour- of
the coast-in an auto to ascertain the
outlook for the year's crop. He says
malned at 2 per cent, but money de-i "round Medford the crop will be, from
dined to 8 "per cent- In our own B" u.i,elv?nfJ?noi:l,-Trll year on
money market rates are very easy. - I aowuu vi mi b . iwww. .. , ;
Husslan fur dealer, have askedfor ' ",aho Otot. ' .
closed sea,son, for two years for sa-1 J'Bols ,..?.0r'JfoJr!naU. which
I iaano is to tne eiieot tnat the, crop
-outlook Is extremely, good. 4- . ,
will result in the extinction of the ani
maia.
THE BARBER ASPHALT
PAVIiNG COMPANY v
Constrnets Asphalt and aeher Bitum
inous .Pavements. 60G-608 Electrie
Bldg., Portland, Or. Oakar Huber,
. Manager. . . '
Overbeck 4&
Cooke Co.
Commitftion Merchants
Stocks, Bonjf .
Cotton, Grain, Etc.
V 2164517
Board of Trade Building
Members Chicago Board ef Trade. ,
Correspondents of Logan A Bryan. -..
Chicago, New Tork, Boston. '
We have the only private wire
onnactlng Portland with tha.
eastern exchanges. -
'DRAIN ; TIIL,E
v ' The success of a farm depends upon its drainac? ' - :
Successful drainage is accomplished through DRAIN TILE.
jiuc cost 01 uMjin a xtrnjit 13 very, small; while the increase
of the-productiveness of the soil is remarkably large. - -
.r Why not use the method that will give you the best returns
for your moneyV... ',
yv rite ror tree.rtooRrlet on. nees of DKAjN TILE " v s .
L.A1VGE: & BULLOGK, Iric.
tui Jiecic Jiuilding, Portland ."r
r