, . tr lui ita .
;:;mocbii$
fer poukd locally
Cit"" Cr?nm?n Secretly Shade. Val
ues to S3 Cents for rrints, Making
Value Same As Outside Makers;
Output Is StcaSJtj." Increasing;
. . . . f' ' "- , '
Portland wtoinut
Zet sre firmer.
Chicken trde excellent .
Country mutton moving.
Wool trade at standstill.
Apple market poor.
Potato bids less numerous. -- .-
Butter price beln cut
Cutting of prices In the local cream
ery butter market was shown today.
While the general, quotation for city
creamery remains unchanged at 86c for
cubes and tubs and a cent above this
for extra packing, actual sales of the
latter are now being made at 36c , a
pound,'"
Thlr. 4a ,.. am ValllA ffPnAl&llV DUt
In effect here by makers ofcreamery
butter located outside of ths city.
Outside creameries report an increase
Jng make of butter and for that reasan
are well content to unload promptly at
35o a pound for prints. The make of
city creamery la likewise increasing and
this Is what caused some of th lead
ing makers to secretly cut theln. valu
this -morning In an effort to unload,
rather than to show an accumulalton
at the higher price. Ths price of but
ter elsewhere lsk not quite as high as
here and this is expected to cause a
further increase in the offerings, on the
Portland market.
The continued closing of the leading
milk condensaries both here and in the
lorth, has forced additional supplies
into the creameries, and whenever the
make increases the latter experience
some difficulty in unloading each day.
EGO MARKET , IS FIRMER
1 There is a firmer tone In the local egg
market today. Receipts are not so
heavy while demand is greater. Sales
as a rule are being made at 21c a doren,
although an occasional case is reported
tiold a fraction above this.
CLAMS TO BE ADVANCED
There is additional competition for
the nominal catch of clams and In eon
nenuenee prices are being advanced. The
Htablishment of a clam tannery at As
toria has boosted the price 50o a box
there and this means a like advance
here. '.. ?: '
COUNTRY MUTTON SELLING
Country mutton is finding a very good
demand along Front street at this time,
Sales us a rule are being made today at
S to 8 Vic a pound, while yearling lambs
are going at 9 tq 10c.
MEXICAN TOMATOES COMING
Although the quality ts poor, addi
tional supplies of Mexican tomatoes are
now being forwarded in this direction.
Sales will be made at 12.25 to ti.10 a
rrate, according to present prospects.
Talk of a higher price is being made by
speculators to influence buyers.
A aroad of Florida stock Is rolling
in this direction and is expected to be
of excellent quality.
CHICKEN TRADE IS LIVELY
There is a Very lively trade in the
chicken market and sales of good stock
sre being made quite easily ,at 17c a
pound, . For broilers the market Is ex
cellent with only nominal offerings.
Quotatoior.s are generally placed at 22c
to 21c a pound,
POTATO BUYING EASIER
A slight decresee in the buying of po
tfttoes is now -reported. While dealers
sre quite willing to' payibe . prices
oiroted they nny that growers are ssk
lug more money. For that reason they
have witniiaah their bids.
FORECAST FOR SHIPPERS
i Weather bureau sends out the follow.
Iik notice to shippers:
Protect shipments as far north as Se
attle against minimum temperatures of
Hbout 24 degrees; northerns to Spokane
IS f'eprees: nontheast to Boise, 16; south'
to Slwklyou, 22 decrees. Minimum tem
rernture at Portland tonight, about 30
degrees. "' "V
PORTLAND JOBBING PRICES.
... drain. Tlonr and Say.
. These prices are il.ose at which whole
salers sell to retailers, except a other
wise stated: - ,
WHEAT Nominal Producers'' prices,
nominal, track delivery, 86c; blue
stem, SSo fortyfold. 86c; Willamette
valley. 86c; red Russian, 85c; Turkey
red S7v
BARI.TC'V Producers- prices 1911
Feed. 3B.ftO; rolled, $36.00; brewing,
la aMa.nn
MITXSTIIFFS- -3eHlnK price Bran.
?S.O0; middling. $29.50; shorts, $25.00;
chop, $ 1 9.00 tfr 25.00, Car lots BOo per
ton 1. - -
OATS Producers' price Track No. 1.
'VOX . delivery, white, 131.6032; gray,
$31.50.
FLOUR Selling price Patents,
1 oca I stfa t gh t $ 4, 0 5 & A , 2 5 iakera! Lti
Cf.eu; export grades. 13.80.
hax Frooucerji' tirlce 1911 crop
"Valley timothy, fancy, $14.50015; ordi
rary, $1J14; eastern Oregon $18,600
17; Idaho. $117; mixed $1314;" clo
ver, $910; wheat, $1111.50; cheat
$11'11.50; alfalfa, tl2.5013; oats, $11
(6? 11.60. -Batter.
Egrs snd Poultrv.
- BUT"! R Extra crerierv, ct.ben and
-lubm-3436cj- fM-lni,.-3Sw87er ordinary
t'f'nts. 25c; dairy. "He; eastern creamery,
34 Sc.
BUTfEt: FAT Producer- price F,
o. b. Portland, per pound, 87c r
imjtUH Local, -extras, - 21c; spot
M'V..T,''.,' , v.. 1 " n. rortiand.
OAMK:lackrahhlt $2 per doisen.
, ivt.-i'ini ranoy nens, 17c per
in., niu oroners ana rryem,
22w24e lh.i "oew. I Or- drcBKod, 12p
OVERBECK&CO0REC0.
Stocks, Bonds, Cotton, Grain, Eto.
316-217 Board of Trade Building.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
' -' Members Chicago Board of Trade
Correspondents of Logan t Bryan,
Cnlcrgo, Wew York.
J.C.W1LS0N&C0.
. ' : ' '" " ' -: USMBEBS '- - ,. ' "' :7
JTEW TOSS STOCK EICHAKOB.
HZV YORK COTTON EXCHArtOB.
CFIOaGO BOARD OT TRADE,
SAN FBANCISCO, - ,
:ln Office Mills 31dg can rranolseo.
Branch Offices Vancouver, Seattle,
port.tsnd. I.os Angeles, fia Xlero,
CcroBi!' "P?c. - "
i-oiiTLAWii orriCEi
Rgom $ Lnmberiuens Bank InHAtef,
shokM Uaxshsil il20. A-41S7.
lAFriES are offered
on oiraiT ii
CARLOAD LOTS HERE
Even Bottpr Known Districts Have
More Than They Know What to
Do AVith; Efforts Made to Sell at
Favorable Prke9 Are a -Failure.
So weak is the annle market at this
time that carloads of supplies are now
being offered by the various growing
sections to the local trade on consign
ment. 5 i
One car from White Salmon entered
the trade during the past -24 hours.
Notwithstanding- the attempted boosts
of certain parties who have liberal sup
plier of apples in cold storage, no buyer
for thee apples in carlots could be se
cured at prices that were at all favor
able. - -.
The Worst of the situation at this
time in the an"le trade is that the spec
ulators who are so Intent upon boonttng
the price, are loaded uo with cheap qual
ity stock from other districts which
can only be sold in times of scarcity,
and then at lower values than the prod
uct of any of the prominent districts.
That there will be a heavy press of
California ales upon the Portland
market within a short time, is the con
clusion of a prominent San Francisco
speculator who was- in this citv re
cently in an effort to unload some of
his surplus. "Apples will be even
cheaper in April than they are now.''
Is the stateme; - he made to local com
misHlon men.
While extri. fancy Spitsenbergs are
being quoted as high as- $2.75 by one
receiver, any movement even or this
quality, could t-b.-made above $2.60.
In general apple prices here are quoted
unchanged but handlers afe not losing
much chance to sell even If they are
compelled to shade.
I
- San Francisco. Feb. 2S. Wheat Aus
tralian And prdpo, $1.55 1.60; California
club, $1.521.57tt: do milling, $1.5714
fa 1.60; northern wheat, bluestem. $1.65
?i.iv ciun, ti.oawi.Do: Turaey rea,
$1.67H1.72H; Kussian red. $1.52 ttty
1.67.
Barley Feed, good to choice, $1.85 f?
1.87; faney, $1.901.92J poor to
fair, $1.751.82.
Kgs California fresh. Including
cases, extras, 21e; firsts, Sic; sec-
pnas, aoc; seieci puueis, lsvfcc. .. .
wutter taurornla rreBh, extras, 84Cj
prime firsts. !8e: firsts. 82cr No. 1
packing, 22c.
Cheese New California, flats, fancy,
17c; do Young America, fancy, ifc; New
York Cheddars, fancy, 20c; do Wisconsin,
19 He
Potatoes i'er cental: River whites,
$1.45W1.75; Salinas Burbanks. $1.9040
2.40; Lompoc Burbanks, $2. 002. 40; Ore
gon rsurnanKs, ii.ibwz.zt, Karly nose,
tjl.50-l.75: sweets, $2,00 2.25..,
Onions Per cental: Oregon Yellow,
$2.f.O2.75; California, $2.002.60;
green onions, per box, 60 60c. ,.
Oranges Per box: Navels, fancy,
$2.50-6100: do choice, $2.00 2.25; do
standard, $1.601.75; do frosted stock,
50 75c. ; : ' ;
.,, . " Seattle Markets. 7"
8ettle. r Wash.. Feb.- 18. Butter-
Washington creamery firsts, 8536e;
eastern fresh, 2526c; do storage,
J2c. , ,
. Eags Loral ranch, 24J25e.
- Cheese Tillamook. 22c: cream. 20c:
Coos Bay, 20c; limburger, 18c.
Onions Walla Walla, $2.00 2.60 per
sack. - - . :,..-. .
Potatoes $2630 per ton, . -
live young ducks. 16c: old ducks. 15c:
turkeys, sllve. nominal. 17c; drsred.
iswzoc; pigeons, old, $1; young, $2.0 J
CHEKSE Nominal: Afresh Orecon
fancy, full .cream, triolets and daisies.
21c; young Americas. 22c. '
Frnits anfl Vegetables.
POTATOKS Belllns prices: Ordinary
Oregon. $1.86; good. $1.25: buying price
table stock, $1.1501.40; sweets, $3.00
1 VEGET A BLE8 New turnlns, $ t m 1 25
sack; : beets. tl.fn: carrots, $1.250150:
cabbage, $1.25; Mexican tomatoes, $2.25
kt'l.oi) per lug; Deans, lzc: green onions.
15c doz.; peppers, bell, 20c lb.; head let
tuce, $8.00 - per crate; - hothouse, $1.00
nox: ranisnes. iop aosien ouncnes: celery.
$6.00 crate: egg plant. 20c lb.: oeas. 17c:
bers. hothouse, $1.40 doe.: peas, 17c;
caulirower, local, $1?5 dozen; Califor
nia, $2.25 per crate; asparagus, 14c
lb, -
FRESH FRUITS Oranges. 2.75i$
3.00; - taneerines, $1.50; bananas. 4c
lb.; lemons. $5.60: limes, $9 a case;
grapefruit. $3.&Qifr6.60; pineapples. 6c lb:
cranherrles, 9 (ft 9.60..
A r i LKn New CTOO. J1.50W2.75,
ONIONS Yellow No. .1. , $2.76J8.00:
No. 2, $1.50; garlic. 78c
- Hops, Wool and Hldsa.
HOPS Producers price 1911 cron.
choice, 37c prime, 35c: medium, 84c:
iu growtn, zoo: ii: coiitructs, 262)
26c; 1913 and 1914, 1718o.
WOOl Proilucers' prlc Nominal.
1912: Willamette valley. 18 19c; east
ern Oregon, 14 ft 16c.
MOHAIR 191 1 . nominal, 30c lb. '
CHITTIM BARK Producers' price
1911, less carlots. 6Uti: carlots, 6o
f. o. o, Portland. .
TALLOW Prime, per lb, 4cs No. I
nd prease, 22a ( ;
HIPES Drv hwies, lc: . eren. ' 9tt
10c; sslted hides, 10 5) 11c; bulls, green
salt. 8c: kips. He: calves,, dry, 2c: calf
skins, salted or green, 17e: green
nines, noi1. less man saitea; sneep
pelts, sslted. November, 90e; December.
$1; dry, 10c. lb.
Meats, run and Provisions.
rnrJRESSED
MEATS Front street:
Hoes, fancy. 8i4c: ordinary. 8c: heavy.
,7 Ee 7 ej veals, 13 e; ordinary, 13c;
poor, izc. spring larnua, vwc: mut
ton, 8c; goats, lifilc; beef, 69c.
HAMS. BACON. Eto.-'Hsms. 14 H
ISVic: breakfast bacon. 12020c: boiled
ham, 22c: picnics. IOVjc; cottage 14Hc;
baeks, ioy4c; picKien tongues, ite lb.
- FISH Nominal Rock cod. :iQy ib.:
flounders,ei- halibut, - 8 11c; striped
12c ib.; soles. 7c per lb.: shrimps. 12 He
lb.;, perch, 78c; tomcod. 8c:, lobsters,
26c; herrings. . 5 fJ 6e; black bass, 20c;
sturgeon, ) per lb,; silver smelt. Rfl
lb.; black eod. 7 e: dressed shad, 7c;
roe shsa. inc; snad roe. ?oo id.; VJOlurn
bis smelt, 90cr$1.00 per box. ; ,
OYSTERS Shoal w ter bay. per gal
ion ( V: per inn lb. sack ( ): Olym
pla, per, gallon, $3; per ,00 lb. sack, $9;
canned eastern, 65c can., $6.50 dosen;
eastern in shell. $i.76CTJ.oo per loo
rssor rlam.. $2fti.!5 box.
LARD Kettle leaf, tierces. 12o lb.;
steam rendered, tierce 11c per lb.; com-
pound, tierces, 8e peri.
Oroeertos.
SUGAR Cube. I6.9B: powdered. 16.65:
fruit or berry, $6.65; beet, $6.45;- dry
granulated. $6.65; D yellow, $6.26; Hono
lulu plantation cane granulated, Cc
less. (Above quotations are 30 days net
cash.) .
RICE Janan. No. 1. BfiJ&Vc: No f.
lc; New Orleans head. fH&tc; Cre
ole. 6c . .
SALT CoarBe, half grounds 00$8.50
T ton; 60s, $9.00: table dairy. BOc $18;
100s, $17. bales. $2.20; extra fine barrels,
2s, fis sr,d 10s. $45.; lump rock,
$20.50 per ton, i ' ',y- --.
REAKS Small white, $4.90; large
h!te. $4,85; pink. $4.25; bayou. 84.75;
Llmss. $7; reds. $5.80.
HONEY New. ?..75 per cas.f
Paints, Coal OU. Zto.
; LINSEED OIL Raw, bbls., 77p gal.:
kettle boiled, bbV... 7c; raw, in cases.
s;c; boiled, in cases, 84c; gal lots of
20 gallons, lc less; oil cake meal, $44
pir (on. - . .. ,
r.ylJ IXAJ)Ton tots, te pes-lb
500 IK lou. So per Jb.; less lots. 8Me
per in.
KENZINRwSS degrees, cases. 2 4 Ho
gallon; iron bbls ilvio per gallon.
PRICE OF PRODUCE
ALONG THE COAS
LiVto! ubi ii.miiLio
DEMAND IS EQUAL TO
THECURRENTSUPPLY
Trade at orth Portland in Good
Shape, but Eastern Hogs Are Rap
Idly Overtaking the Figures raid
Ilerej-Cattle Train-Comes-Early
Xb the Stockyards)
North Portland Hogs
cattle firm,, sheep firm.
firm.
Chicago Hogs 6c and JOo
higher, cattle and sheep steady.
Souih Omaha Hogs strong,
cattle lOo higher, sheep 10c low
er.. ,. . , -. ." ....
Kansas City Hogs 5c higher,
cattle 10c higher, sheep 6c lower.
PORTLAND LIVESTOCK BUN,
Hogs Cattle Calves Sheep
Wednesday
-
67
84
Tuesday .
76 ;
736
151
248
332
435
699
715
78
268
363
11
Monday ..
Saturday
Friday ...
4,546
8,003
483
948
64S
Thursday
Week ago
There was no general change in the
livestock situation at North Portland
today. While there was a good ratf of
hogs, other offerings wero light.
In the swine division offerings to
talled 576 head, compared with 435 last
Wednesday. The condition of the trade
was exactly the same as has been shown
recently. Top stuff continues at $6.75,
whlUt heavier stuff sold down as low as
16. ' v 1
The sale of 21 head of pigs in the
yards at $6.25 this morning attracted
some attentidn, owing to the smallness
of the animals. The average weight
was but 61 pounds.
At Chicago there was a firmer tone
in the hog market and an advance of 6c
to 10c was quoted at the closing, Tops
Bold there this morning at $6.50, which
is now within 25o of the best value ob
tainable locally. Both mixed and heavy
loads sold at the high figure, indicating
the real strength of the trade there
today. Run was 29,000, head. t
At Kanxas City there was a run of
11,000 boes for the day. with prices 6c
hfaher than yesterday. . .
Koutn umana nad a strong tone tor
hnirft in fiif, varAit tftrinv
nog snippers: u. w. owen, iciano
Falls, Idaho, 2 loads; Severe & Weed,
Bertha, 1 load. Severe &Weedr by boat,
100 head: J. W. Jensen. . Roosevelt.
Wash.. I load. .
Nominal North Portland a wine prices:
Fancy mixed .-..$ .- - 6.75
Good heavy . ............ 6.66
Medium light 6.658.75
Hough and heavy (.25
Cattle Train Dns Early. t
Excellent time, was reported for the
regular cattle train on the O.-W. and
the shipment was due to arrive early
this afternoon. The train will contain
18 loads of cattle, besides the usual run
of hogs and sheep. Five loads of the
cattle were sold prior to shipment to a
local packing concern.
in general tne cattle mantel today
was firm. While nothing; brought more
than $6.60 in the steer division, this
was due to the lack of extreme top qual
ity. The market is. Just as favorable as
it was several days ago when sales were
made up to $6.65. Only three full loads
of cattle came forward and the best
of these brought $6.60. The run Includ
ed 84 head comparing with but 11 head
last Wednesday.
At (JMcago catue run was 11.000 head
with the market steady at the closing,
higher prices being named at the open
ing. Kansas city cattle market was 100
higher than yesterday with offerings of
6000 head.
South Omaha cattle trade received
3900 head today The market was in
good shape at an advance of 10c.
Cattle shippers: H. Butler. Hanson.
Idaho, 1 load; J. F, Harrlman, 1 load:
C. F Baurnan, Blngle, Idaho, 1. load
cattle and -calves; 11, A. Lambs, Wood
land. Wash.. 1 load cattle, calves and
hogs; Patton & Overton, Halsey, 1 load
cattle, calves and hogs.
North Portland cattle prices:
Heavy fancy steers $6.60 6.65
Choice steers 6.25
Select steers ' 6.50
Common steers ....,.,..,. 4. 755. 00
Feeder steers 4.75
Sneyed heifers
5.90
5.50
5.305.25
5.50?'5.fi0
J.503.75
.. ... 8.00
7.75
4.755.00
Ordinary heifers
ordinary cows . .
r ancy cows
Poor cows i ; , , . ,
Fancy light calves
II.JI.im 1IU,
Fancy bulls . . . . .
1I1CUIU11I UU1IH
Ordinary bulls ....
4.25
4.00
6.00
blags v. .v. ..1 . -
Sheep rirm Bnt XTomlnal.
While there .were two loads of sheep
In the North Portland yards for the
day, both of these came direct to pack
ers, and did not enter the market. The
trade is considered very favorable at
the extreme prices Quoted durina tho
past few days.
At cnicago there was a run of 20,000
Bheep for the day, The market was
steady at yesterday's average.
Kansas City sheep market was 6e
lower today with a run of 12,000 head. -;
South Omaha sheep trade showed a
loss of 10c for the day. Offerings werti
11,700 head,
The only shipper of sheep today was
F. C. Decker, the regular buyer of the
Union Meat company. He had two
loads in from Salem.
, Sheep market at North Portland:
Select lambs $ 6.93
Choice lambs .............. S.605.76
CommonV lambs , . 6.00(9 5.25
Yea rtinir wethers 6.253.35
Old wethers 4.50
Fancy ewes , . . 4.104.1!
Ordinary . ...i... 3.75
- Wednesday's Livestock Sales,
"-77; -. STEERS. - ,--...:.
Average Lbs.
21 . . .. . ... ....... -t ..... 1 3 0 0
a 1 eeeee,es.1320
8 ' ....... ............ ;!
12' ; . :. 7 .; 1 2 0 0
HOGS.
90 191
34 117
Phlce.
$6.60
6.60
6.60
"6.50
$6.76
6.75
6.75
6.75
19 1S
3.
62 ........ 150
51 , ....... .i. 184
, .75
, 6.70
.6.25
.?r.
6.00
6.00
6.00
6.00
18.00
87 Mi
21 pie hi
1 hog ................ 2m
2 405
9 370
i 2 . 300
1 690
CALVES.
1 190
CHICAGO CATTLE ADVANCED
Sales Mado 10 Cents HiRher in the
, l'ards; Hogs Vp 5 to 10 Cents. 1
Chicago, Feb. 28. Run: Hogs, 29,000;
cattle, 11,000; sheep, 20,000. .
Hogs closed 6c to 10c higher: left over,
8400; receipts a year ago. 22,000; mixed,
$6.106.50; heavy. $6.356.50; rougti.
$6.156.30; light. $6.106.47.
Cattle, 10c higher, ,
Sheep, steady.
OMAHA CATTLE HIGHER
Market for Medium Grade Stuff Cp
a Dime for tho Day. .
South Omaha, Feb. 28. Cattle, 3900;
market, steady to .. 10c higher; steers,
$6.50 7.76; cows and heifers, $5. 40
6.30. :
Higt, 17,500; market, steady to strong
.at-t6.a06t6.3Q, ' .1 ..i... . m
Sheep. 11,700; .market,' steady to 10c
lower; yearlinRs; fb.ovwb.zbi wetners,
$4.1 55i4. 60;
lambs,
$6.106.60; ewes,
83.75tf4.lY.
ifOUL IhHiiu.Di.a!.
AT STANDSTJLL OViG
TO DIFFERENT MS
Sheepmen Are Asking More Money
Than Iluyers Say They Can Pay,
Therefore Contractors Are Being
t'u.lt d in i Pricea-Are-Komlnal.
There Is a lull In wool business at
all Pacific northwest points. Some of
the leading dealers are returning from
the interior because they are unable to
Interest enough sellers to pay their ex
penses. The market is now showing a wait
ing character.. Owin to tne more fav
arable situation and the promised short
age of about 9.000,000 pounds in the
American clip this season, growers sre
asking a sharp advsnce over what they
obtained a year ago.
Initial sales in eastern Oregon and
Idaho were made from 14c to 17c a
pound (but growers holding the better
quality; are asking above, this .rsnge
and dealers say they have reached the
limit.
Sheep shearing at interior points is
progressing much" more rapidly than
ususl at this time of the year but the
weaCher is still too cold for general
operations. No shearing is reported at
Willamette valley points and bhiafcT
that stock are therefore nominal.
According to a Madras paper James
Rice of Haycreek. was offered a
pound more for his wool this season,
while in Portland, than he received a
year ago. but believes he will get more
money. He claims that the supply of
wool is fretting scarcer every year, until
It now barely meeta the demand. In
asmuch as the wool must be had, he
says he wl)l store his clip this year
unless he can get his price f6r it.
Mr. Rice is of the opinion that the
Oregon Wool Growers' association will
set a date for a wool sale at Madras,
in spite of their previous schedule which
failed to include -Madras as- a sales
place. He will brine his wool to Madras
for shipment and under no circum
stances will he haul to Metollus. Other
of the large wool growers are across
the canyon, and would nave equally
hard "pulls to go to Metollus, thus en
hancing the local chance to have wool
sale dates nameiV -
111
New York. Feb. 28.-After a period
of weakness, due to professional sell
ing, the stock market strengthened and
closed with a sharp advance for the day,
Reading was the star attraction with an
advance of 2H points, but American
Smelter had a rise of 2 points at the end
of the- day. Union Pacific gained 1 ,
Southern Pacific IH. United States
Steel common 1, and Louisville &
Nashville 14 points. The rest of the
market gained from a few fractions to
a full point. ,
American stocks were quiet but Irreg
ular in London today.
Range of New York prices furnlshei
by Overbeck & Cooke CQ.t
Description Openj Hlghi Low
Bid
Amai. Copper Co.
Am. CSt F., o;
Am. Can, c,
do pfd
66
61 Mi
ii
ii"
67
61&
32k
66
61
91
32"
67
61
11
81
49
32
Am. Cotton Oil, c.
Am. Loco., c... .
Am. Sugar, c. . . .
Am. Smelt,. 0..,
Ana. Mining Co.
Am. Woolen, c.
Atchison, c. ....
do pfd .......
B, & O., c. ..... .
Beet Sugar ....
B. B. T....
120
119
119
71
36 V
27
72
36
27
70
36
26
72
36
26
103
104
103
ioi
104
103
102
io2
102U
63
784
68
78
63
78
63
78
Can. Pacific, c.
Cen, Leather. C.
229
230
229
229
17
17
82
17
16
80
17
17
61
17
81
ao pra . . . .
C. & G. W e. ..
do pfd
a, m. & st. p...
105
141
105
142
105
141
105
142
v. & jv.j e.si.
Ches. & Ohio .
23$
43
71
71
23tf
43
71
23
43
65
76
Colo. F. & I., C
Colo. South., c
do 2d pfd..,
do 1st pfd..
Cons. -Gas.
23
43
139
139
139
139
Corn Products, c
10
76
do pra...
Dela. & Hudson.
D. & R. G., e. 1 . .
do pfd........
Erie, c . 1 . .. .
do 2d pfd......
do 1st pfd..,.
Gen. Electric....
Gt. North, Oi'L..
Gt. North, pfd,.
Ice' Securities, t,
Illinois Central..
Inter. Harvester.
Inter. Met., c. . .
do pfd, . . .
Lehigh Valley..
Kan. City South.
L & N
Mex. Natl., 2d..(
M..S.P.& S. S. M.
M., K. & T c...
do pfd. ......
Mo. Pacific ....
170
170-
170
170
21
80
61
31 ,
&
61
21
.
30
61
21
41
81
41
61
160
160
169
159
37 -
38
37
87 &.
129
130
129
130
20
135tf
106
18
67
18
68
17
67
18
68
157
169 s
157
159
26
28
26
75
152
153
162
163
30
333
6
26
38
64
19U
27
ii
19
26
38
E4
19
66
Natl. Lead
.a
Nev. Cons. . .
N. Y. Central
19
110
iir;
110
110
110
N. Y., Ont. & W.
37
rvort. & west., c.
No. American ,
No. Pacific, c. ,.
P, M, 8. 8. Co. V.
Pnn. Railway ..
P. G., U & C. Co
Pressed S. Car, s.
do pfd. . . ... .
Reading, c.
do 2d pfd. ...
. do let pfd, ...
R.,I. & Steel, 0..
do-pf d .......
Rock Island. c
do Pfd
111
. .
110 .
110
78
117
32
78
78-
8
117
117
117
32
32
it
122
106
t.i.47
122
106
122
105
106
. 90 II
29
28
28
96
153
e 4
155
153
155
06
89
17
67
23
49
39
65
70
16
16
16
ns
23 '3'
St. L. & S. F., 2 v
ao nrst pra...
St. L. & S. W.. c.
do pfd
So. Pacific c...
So. Railway, c,
do pfd .s . '. . .
T St L. &,W
do pfd ......
Union Pacific, c
do pfd1 ......
U. S. Rubber, c
107
108
io7'
72
.12
108
27
7s
27
72
12
32
166
72
164
1
164
98
46
109
93
46'
109
61
108
i 57
63
83
46
109
61 .
46
do, pfd
U. S. Steel Co 1
do pfd ,,,.k.
Utah Copper , . ,
Va. Chemical .
Wabash, c . . ,t
do pfd ......
W. U. Tel
West. Blcc. ....
Wis. Central, c.
W T,ak Erie..
109
6U
69
108
66
63
'18
84
73
"7
ioy4
08
ESS
108
66
57
6
63
7
18
84
73
18
85
73
18
84
ii
48
7" 7
1 y
Total sales, '436,300 shares.
Money, 2 2 per cent
KANSAS CITY "LIVESTOCK
Hogs Are ft Cents Higher and Sheep
Down Equal Amount for Day.
Kansas City; Mo.. Feb. 28 Hogs
Receipts. 11,000; market 6c higher,.
CattUj Receipts," 6000; market, 10c
higher. x
Sheep Receipts,, 12,000;. market, 6c
lower. .
Money .and Exchange. 77
London, Feb. 28.Consols, 78 15-18
silver, 27; bank rate, 3 per cent.
New York, Feb. 28. Sterling ex
change, long, $4.85; short, $4.88; sliver
nuiiion. os vfec.
San Frsnctsco, Feb. 28. Sterling ex
change, 60 days, $4.83; sight, $4.86
documentary. $4.82T4: trnnfifers. tele
rraphterS-pTTTnmmTftlfiTiCJIS prcmiam
' :" . :
Even a Icat, has too much sense to
cry over spilled milk. '
SHARP
ADVANCE
MARKET AFTER LOSS
STAHDSilLL BECAUSE
OF ASSESSu'ENT DATE
Buyers and Sellers Apart in Their
Views, as to Who Should Pay
State; o Mexican Wheat Busi
ness is-Xow Jlvailable Here,r.
Tax Payment Squabble. .
Owing to the . difference ot
opinion between buyers and sell
ers as to who should pay the tax
of wheat bought In Washington,
there is practically no business
passing at this time. Neither
side is willing to assume ., the
payment " 7 . ,
CASASXAIT WHEAT MOVE HI UT.
St FauL Klnn reb. 83. The riones:
Press has the following frm Snlutbt
some interesting information cn tne
Canadian grain situation has teca ob
tained here. Saturday the Canadian
Northern haC orders for loading 8700
cars of grain on US system gad but 133
that could be applied at the time. On
the same day there were 4900 cars of
grain billed for Duluth and coming for
ward at rate of 150 oars a day. The
Canadian northern has a contract for
hauling back from Duluth 100,000 tons
of coal and a part of the grain cars are
sent direct from Duluth elevators to the
ooal docks to load.
WHEAT CARGOES NOMINAL. '
London. Feb. ?fi When t cirtMa nam.
lnal. . ..
English and French country markets
quiet .
PORTLAND GRAIN RECEIPTS.
-Cars-
Wheat Bar. Flour. Oats. Hay.
Monday
104
17
17
Tues. ....
Wed.
23
11
'9
3
1798
1551
4
t
- 7
2U7
,2060
15
7
1234, . 679
45
40
10,773
Year ago.
S
S06
469
To date
Year ago.. 9,771
The sraln market ts outet and little
business is passing locally.
While bids are unchanged for wheat,
no special effort is now being made by
buyers to get supplies and nothing is
expected to happen until after Friday,
which is tax day in Washington. Neither
buyers nor Boilers are now willing to
absorb tho tax and trade therefore is
practically at a standstill.
There is now no business from Mexico
available in the wheat market This
therefore has cut out entirely those that
" , 1 i.u: o . ,..w -
HflU iUIIIlCIl- U1UUIIIK Oil! iur VIUU IIIIU
90c for bluestem. . 1
The oats business stands in much the
same position as wheat. While buyers
are. nominally quoting bids as high as
$32 a ton track ror no. j white, it de
velops that auite a fair suddIv Is still
obtainable down to $31.50.
Market for flour Is firm but quiet.
A small amount of oriental business is
still passing at 8.80, but most of it Is
for special brands and Is coming to
millers that have a small amount of
space available. Patent flour is firm
Lbut likewise quiet.. Retailers have
stocked up quite neaviiy in anticipation
of an advance, and their present needs
are therefore nominal.
EXPECT A BIG DROP
IN WHEAT HOLDINGS
Chicago. Feb. 28. The expectations
of a severe decrease in the amount
wheat held on farms compared with
year ago, attracted considerable atten
tion from the trade today and forced
a very sharp advance in. nearby options.
Wheat closing prices were 94le
a bushel higher than on Saturday after
an opening that was down 4c The
opening was influenced -by the state
ment of world's visible supplies wtyich
showed 189,413,000 bushels compared
with 184.365,000 bushels a year ago.
There was little doing in foreign mar
kets for the day, Liverpool being lower)
rans nigner ana Antwerp as wen
Buenos Ayres unchanged.
Ranee
of Chicago prices furnished
Overbeck
t uooKe co. -WHEAT".
Open. High. ' Low. Close.
100 V 102V6 100 '4 102
95 97 95 96 -93
95 "- 83 95 A" -
CORN. :
May ...
July ...
Sept . . .
May ..
July . ...
V 68 . 69
. 67 69 .t
. 67 . 69 v
" r OATS.
. 2 52
. 47 48
. 41 41
68 ,
67
7
69
69 A
69 A
Sept . ..
July ...
July ...
Sept ...
62- 62 B
47 48
40 41
PORK.
1547
1577
1597 '
LARD.'
922 . ;
937
955
RIBS.
867
870 1
'. 885
May ..
July .,
Sept . .
,.1537
,.166
,.1697
.. 912
,., 932
.: 950
.. 860
. . 865
.. 882
1630
1565
1585-
912
930
,947
860
863
877
1636
1667 A
1586 A
917
935 A
950
860 A
865 A
877 A
May .".
July .'.
Sept. . .
May , .
July ,.
Sept . .
GRAIN MARKET WATTING
Trade at Walla Walla Standing With
Buyers Apart.
tlTo'lf. Ttrlln Wsak - CK TI.u.1.
sales are practically at a standstill, and
there is reason to believe that there
will be little doing in the local markets
until after the first of March, and per
haps for some time after that.
The reason is that all grain, in the
state will be held for taxes after March
1, and as this amounts to about a
cent
and a half, the farmers take it as a
drop in the market - Several large deals
Saturday and yesterday fell through on
this account, tne dealers ana holders
being unable to agree as to wholshould
pay the tax, and ft being impossible to
get the grain out of the warehouses be
fore March 1. . .... - .
It is believed that about 20 per
cent
of the county's crop Is still In the ware
houses, or in private store rooms. On
Eureka Flat there are about 600,000 bush
els of grain, and more than that much
in other districts Figuring the crop at
6,500,000 bushels, this mnkes more than
a fifth of the crop unsold. -
San Francisco Grain Market.
San Francisco, Feb. 28. Grain calls:
WHEAT. x
' Open. Close,
December ............. .158B 159A
BARLEY.
May 179HB 180 A
December ,. -.166 154
A KIMBALL PIANO $165
Second-hand, but in good condi
tion.' A fine bargain. Don't over
look this, but see it at once.
mm
SIXTH AND BURNSIDE
TOFiC AI LO
biiLUi
h
SrecIl to Thi Jonrnnl. 1
Vancouver, Wash., Feb. 28. The top
ic, "Our Public Schools," as selected by
Chairman R. C. Back for the midweek
luncheon of the" Commercial club held
at noon today, proved popular and the
speeches made by prominent educators
were listened to with much interest by
the hundred or more guests present.
Among those who ably outlined, the
work of public schoolsjj were Professor
C. W. Shumway, superintendent of the
Vancouver schools; Processor De Garls
Reeves, principal of tbe high school;
Professor Clyde F. Leathers, supervisor
of drawing and music of the city
schools, and Directors- Miles R. Smithy
W. J. Kinney and W. J. Hlggins. Pro
fessor Leathers was accompanied by 20
high school students, comprising the
STATEMENT
BANK0FCALIF0RNIA,N.A.
OF SAN
Including Its Branches in Portland,
Seattle, Tacoma and Vir
. ginia City
........... ,. r
AT CLOSEOF BUSINESS, FEB. 20, 1912
9
ASSETS
Loans and discounts. $27,445,380.64
Bank premises (San Fran, and Branches) ... 1,170,395.26 ,
Other real estate 480,000.00
Customers' liability under letters of credit.. 3,841,155.69 7
Sundry bonds and stocks 4,024,264.05
United States bonds to secure circulation .. 5,03700.00
Other United States bonds 5 .... . 285,000.00
'Redemption fund with U. S. treasurer 250,000.00.
Cash and sight exchange i 16,'802)269.16
. ' $59,135,964.80
LIABILITIES
Capital paid in gold coin ...........,.......$ 8,500,000.00 .
Surplus and undivided profits .. ............ 7,753,148.20
Circulation 4,947,745.00 '
Letters pf credit 3,849,404.09
Other liabilities . .'. 243,581.31
Deposits 33,843,086.20
" . 7. $59,135,964.80 -
PORTLAND BRANCH
CORNER THIRD AND STARK SIS.-.::.
WM. A. MAC RAE, JAS. T. BURTCHAELL
Manager Asst. Manager.
of
a
Ladd &Tilton Bank
ESTABLISHED 1859
Capital Stock - - $1,000,000.00
Surplus and Undivided Profits $800,000.00
COMMERCIAL AND SAVINGS ACCOUNTS
1 Letters of credit, drafts and travelers' checks
issued, available in all parts of the world
Corner T h i r d a n d Washington S t r e e t s
as
by
A
A
FIRST NATIONAL BANK
CAPITAL $1,500,000
SURPLUS . $850.000
OLDEST NATIONAL BANK WEST OF THE
ROCKY MOUNTAINS
i
Bank's Deposits Grow
28 Per Cent in Year
(Comptroller's Call)
Deposits, February 20, 1912 ... ..$3,856,111.47
Deposits, January 7, 1911 ....... 3,003,302.59
Gain . . . .... ... ... . .... .. .$ 852,808.88
lumbermens
National Bank
CAPITAL -
A 07- ON
LSAVINGS-
Portland Ii:is.
Clearinss today $1.--" ' " '
Year a!0 3.11 i..'t.,
Loss today ?t - t "1 '. :
Balances today $ i:i''.,i5 11
Year ago 24S,64J.li
Seattle Banks.
Clearings today $ l.P 2 1
Balances today u0,307.C0
New York Cotton Market.
Open. High. Low. Close.
January 1048 1048 1045 1M5'i47
March r.r.V.1013 '101S 108" H'ltwlJ
May 1028 1029 1023 1 027(?i2
July 1040. 1040 1033 1037i'3S
August 1041 1041 1035 ' 1037W39
September ..1038 1038 103tf 10S5tii7
October ....1041 1042 1036 1039fa41
December ...1048 1048 1044 10 46 54 J
Of course the country needs a big
army and strong forces of militia. How
else could the wives, mothers and chil
dren of starving strikers be fought?
m
OF CONDITION OF
THE
FRANCISCO
$1,000,000
'CORNER FIFTH
AND STARK