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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (March 5, 1912)
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n :vt at a l , .. , .. . , : :: -r c f
tha r.c.r Chtnefa rn-'-'--. I'-:-, -r, a
Harvard graduate, t!-. ;;al
speaker at the dinner. It is sii 400
worth of r.M'crn rivers were phot off by
Chinese last nUht
CELECHATE WiTil DIH'.Ea
La Granda, Or., March 5. Fifty city
officials and business men and society
women were guests of leaders of the
'ERY LARGE SUPPLY I IN ffOP MARKET Hi.
5 CENTS JODAY WITH
SELLING IN MARKET
AN EXCELLEfJT DEMAND
THE ENURE WORLD
IDE IS SOUGHT. By
Heavy Shipment From South Caught) Those lidding Spot Goods nigh Ar
by Cold Weather Is Dumped on
Consumers Here Because They
Could Xot Sold Elsewhere1
X Froflucs for Two Tsars.
Today. Tear as.
Butter .......... e
Chickens ....... 15c
Chess ......... 2c
Beating Down Contracts While
Bears on 1011s Are Talking; of
Strength for Futures.
Frozen bananas si carlosfls of them
are belnr orferad to tha local trade
throush hawkers and otherwise. The
stock clearly shows Its unhealthy con
dition; tha color of tha fruit being a
dirty green. This can be aUy detected
Not only can frosted or frozen banan
as be distinguished by the color, but
by biting. Wnen bananas have not been
frosted and are ripe, they are soft to
the taste, but when frosted or frosen
they ars Jiarsh. In fact, they tasto
more like straw than anything ales.
- Portland has been made the dumping
ground for dosens of carloads of fruit
that could not be sold In any other mar
ket on the Pacific coast la fact, this
city now has a reputation of being so
easy that anything can be sold at a
Some time ago and even sow. It Is
stated, frosen oranges were offered to
the trade hers at extremely low values.
Most of this stock was put out through
hawkers. The feature of this shipment
was the fact that it was passed by the
health authorities here as not frosted,
' when everyone connected with the trade
knew that it was not in proper condi
tion to sell Such stock fold whole
sale as low as 76c a box, while good
: scuff sold for several times this much.
The price alone Indicated that there
was something wrong with the ship-
. rnent. .
ASPARAGUS MARKET BROKEN
- Price of asparagus la now as low as
; joo a pound along Front Street for first
; class quality, some saies or extra se-
lect in packages are being (made as
.'gh as 12012)40. Market now heay-i'crease in the output Is Jesa'than was
CALIFORNIA CABBAGE POOR
t ? While only a small amount of local
; cabbage is now available in the trade,
' California stock is now finding much
, call on account of its poor quality. Not
1 only Is the stock soft, but the leaves are
1 rough and untrimmea. Sales are being
triads generally at $1.50 per cental for
! ma ima l s.mniint mftvinff
PINEAPPLE TRICES OPENED
Opening - prleesonDlneappleshave
i neen named oy canners. local Jobbers
i announce them at an advance of 16c a
; dozen over the start' a year ago. This
is said to be due to the greater demand.
RAzdrT clams stiliTIdrq"
. i .No Improvement Is showing in the
, demand for razor clams and stock Is
$ showing tha smallest movement for
f many a day. The supply is unusually
"i EGO MARKET HOLDS FIRM
, t Little egg business in the city Is of
i i fered above 21o a dosen, but a few out
i side orders continue to come forward
r I upon which sellers realize around 2-'o a
I',:,;.. :- . '"f.V
,'. CHICKENS CONTINUE DULL
; Trade In the chicken market along
t Front street continues dull with some
stock being offered that has been car-
f rled over from Friday afternoon. Prices
, . ,:.; .. -.- -
t ; FORECAST FOR SHD7PERS
Weather bureau sends out tha follow
sing notice to shippers:
rroieci snipments as rar north as
; Seattle against minimum temperatures
i of about S4 degrees; northeast to Spo-
? Kane, zi degrees; southeast to Boise,
i Sz degrees; south to Siskiyou, 80 de
;gree& Minimum temperature at. Port
land tonight, about !6 degrees.
PORTLAND - JOBBING PRICES.
p Oraln, rlonr and Xsy. ..
These prices are Uiose at which whole-
' r salers sell to retailers, except as other
, wise stated: ,
! . WHEAT-rNominal Producers' prices,
; nominal, track delivery, 87c: blue-
mem, JOc fortyfold,- Sin 88er - Wil-
mmette vauey, 7c; red Russian, 86e:
Turkey red, 87c -
BASLE Producers" prices It 11
i ' Feel, $35.00; rolled, SSs.OO; brewing,
; MILLSTT) FF8- -SelTtne; pflce Braa
Jf 1. 3.00; middlings, 29.50; shorts, $25.00;
chop. $19.00025.00. Car lots Spa per
l ton less..-
OATS Producers' Dle Track No 1.
spot delivery, white, $32.50; gray, $88.
FLOUR Rolling price Patents,
; ' $4.6004.70: Willamette. $4.60 per bbl.s
local straight, $4.0B(34.25: bakers' $4.10
J - 4 80: export grades, 13.80.
HAY Proaucers' price 1911 crop
i Valley timothy, fancy. $14.80018; ordl-
nary, $18014: eastern Ore son tls.fiOO
17; Idaho, $117: mixed $1314; do
t ver, $9410; wheat $11 11.60; chest,
1111.60; alfalfa,ll2.08i8; oats. $11
m ii.DW. .-'.-"'. - . . .t "i
' - Butter, Eggs and Fonltry.
. BUTliSR Extra creamery, cubes and
tubs, 8884c; prints, 8435c; ordi-
nary prints, S3c; , dairy, 19c; eastern
BUTTEK FAf Productjrs'rTce-
POULTRY Fancy hens, ISo per lb.:
springs, 115c; broilers and fry-
r, zsTizic: peese, iu-j; (jressoa, 12c;
, live young ducks. lCc: old ducks, 15c;
, turkpys. alive, nominal. ITp- lrrri
' 1? 20c; pigeons, old, $1; young, 82.0W
' F.OGS Local, extras, 2122c; spot
, buying price, 19c f. o. b. Portland. .
j rMPITfaPNnmlrfitr frAnh Oregon
The hop market la now showing .one
of the queerest situstions known in
many years.. While some Interests are
extremely bearish regarding spot goods.
tney are boosting contracts for futures.
On the other hand, those that are
holding aftft the nrice of sdo
swearing that the contract market ls-
The situation abroad is causing some
concern to the hop trade. Ijibor trou
bles In England have reached an acute
state, and this has a direct effect upon
the buying of both, spot and contract
hops by foreigners.
Labor troubles at home are' likewise
serious, and American brewers are there
fore moving rather slow In their pur
chases for the future. ,
On the other hand, stocks of hops
held by beer makers are very small
everywhere, and it therefore appears
as if the brewers will be forced Into
the market again against their wilL
Present indications sre' thst they will
hold out as long as possible. In the
hope of unfavorably affecting values.
' A New York mall advice says of the
Receipts for week...,;;;.. 1,173 Bales
Receipts from Sept 1 72,043 Bales
Receipts same time last ......
year .. ....... .63.488 Bales
Exports to Europe for week 225 Bales
Exports from September 1.. 48,880 Bales
Exports same time last year40,458 Bales
Imports for week ........, 173 Bales
Imports from September 1,. 8,444 Bales
Imports same time last yearll,667 Bales
. "The changed situation on the coast
has had some Influence on our market
ana a better tone is In evidence, though
as yet quotations cannot be advanced.
Buyers here have been slow to operate,
generally preiering to ioijow tpe hand-to-mouth
policy adopted more thsn two
months ago. There Is a growing feeling,
however, that as the winter breaks
there will be some expansion of the
"Nothing of Importance has trans
pired in the interior of New York state,
quietness prevailing at all points. Ac
cording to reports Just received from
Washington tha beer sales in the Uni
ted States during January were 8,860,
370 barrels, as compared with 8,866.77$
barrels same month last year. The de-
New York hop prices per pound:
State, 1911, prmo to choice ,46 Bo
State, 1911, medium to good ...40 45
Pacific coast 19 11, prime to cholce48 45
Pacific coast, 1911, medium to
Rood ,.3 ...40 43
Paclflo coast. 1910, nominal ,,.84 036
Pacific coast, 1909. Sv, . .' ...-.80 85
Paclflo coapt. older growths ;.18 24
Germans, 1911 ................ 8 5 90
fancy, full cream, triplets and daisies,
2122o; young Americas, 22023c.
GAME -Jackrabblts, $2 per dosea,
Traits ana Vegetables.
: . MXMBEBS
trtVT TOHX STOCK rxCHAWGH. :
HEW YOKK COTTOJT EZCHATtGS.1
CHICAGO BOAED Or T&ADE.
TUB BIOCK AMD BOND EXCHASGH,
BAN FSAKCZSCO. .
Main Office Mills Bldg., Ban rranolsco.
Ernch ' Of flees Vancouver, Seattls,
Portland, Xios Angeles, Baa Slego.
' Coronado Beach.
J ' ;otlaw orricBi
Scorn 8 Lnrnberrmtiis Bank lnHdlng.
rbonec Marshall 4130. A-41S7.
Stocks, Bonds, Cotton, Grain, Etc.
810-217 Board of Trade Building.
DIRECT PRIVATE ' WIRES
TO AIX EXCHANGES
Msmbers Chicago Board of Trad
Correspondents t Xogan Bryan, ,
CUvago, Kew York,
POTATOES (Selling prices: Ordinary
Oregon, $1.361.60; good, $1.26; buying
frL16 atock, $1.16i3)l.50; sweets,
, VEGETABLES New turnips, tlVS
sack; beets. $1.P0: carrots, $1.261.80;
cabbage, $1.25; Mexican tomatoes, $3.00
per a4ug; beans, 12a; green onions.
40o dos.j peppers, bell. 20e lb.; head let
tuce, $3.00 per crate; hothouse, $1.00
box; radlsiieB, 15c dozen bunches: celrry,
$6.00 crate; egg plant, 80o lb. peas, 17c:
brs, hothouse, $1.40 ' dos.; peas, 17c;
cauliflower, local, $1.28 dosan; Callfor
nli $2,25 per crate; asparagus, 10
THRESH FRUITS Oranges 82.7BSJ
8.00; tangerines, $1.50; bananas, 4Ho
io., lemonn. o.ou; umes, a case,
grapefruit $3.50 6.60; pineapples, 6c lb;
ONIONS Yellow No. 1, $2.7608.00:
No. 2, $1.60; garlic. 708c.
EUOAR Cube, $6.95; powdered. $6.66;
fruit or berry, $6.65? beet, $6.46: dry
granulated, $6.66; X yellow, $6.26; Hono
lulu plantation cane granulated, 5c
less. (Above quotations are 80 days net
RICE Japan, No. 1. 65tfe: No I.
4Hc- New Orleans head. 8 6c; Cre
SALT Coarse, half grounds O0s$8.6O
jer ton; 60s, $9.00; table dairy. 60c. $13;
100s, $17, baled. $2.20: extra fine barrets,
2s, 6s and 10s . $405.; lump rock,
$20.60 per ton.
BEANS Small white. $4.90; large
white. $4.85; pink. $4.25; bayou, $4.76;
Limss. $7; reds. $6.60.
HONEY New, ?.75 per case.
, v Faints, Coal OU. Xto. 'V"
, LINSEED OIL Raw, bbla, 77o gsL:
kettle boiled, bbl., 79c; raw, In cases
82c; boiled, in cases, 84c; gal lots of
260 gallons, lo less; oil cake meat $44
per ton. .
Hops, Wool and BXdes,
t HOPS Producers' price 1911 crop,
choice, 87c: prime, 860; medium. 84e:
J0 growth, 20c: 1912 contracts; 25
26o; 1913 snd 1914, 17018c, W
, ftVXQ0.7ro,3i,.pe' ,Pr,c NomlnaU
1912; Willamette valley, ' 18c; east
ern Oregon, 14016c.
MOHAIR 1911. nominal, 80c lb
. CHITTIM BARK Producers' price
1911, less carlots. 64s; carlots. 1 14c
f. o. b. Portland.
TALLOW Prime, per lb., 4c: No. 8
and rresse. 208Ha
HIDES Dry hides, 20c; green, 90
10c; salted hides. 10 'A lie; bulls gree-i
salt, 8c; kips, lie; calves, dry, 2dc; calf
skins, salted or green, 17c: green
hides, 101 He less than salted; sheep
?elts, salted,, November, 90e; December.
1; dry, lOHc lb.
Keats, J?lsn and Provisions.
DRESSED MEATS Front ...
Hogs, fancy, 814c: ordinary, 8c; heavy,
7y7Hc; veals, 13Vic; ordinnry, 13c;
poor, 12er; spring lambs, 9i0c; mut
ton, 8e; goats, 11Hc; beef, 609c.
HAMS, BACON, Etc. Hams. 14 0
15V4c; breakfast bacon, 12020c; boiled
ham, 22c; picnics, lOHe; cottage 14c;
backs, 1054c; pickled tongues, 7o lb.
FISH Nominal ftnrli fmi 1 n .v .
flounders, 6c; halihutS Ilcustrtpail
vubb. fHiiien. ie ignite; ealmon.
12c lb.; soles. 7c per lb.: shrimps 12V4c
lb.; perch, 78e: tomcod. 8c: lobsters,
2Bc; herrings J 6 06c; black bass. 20c;
sturgeon. (), per lb.; silver smelt; 80
lb.; black cod, 7tt5; dressed shad, 7e;
roe shad, 10e: shad roe. 0c lb.: Colum
bia smell. 9Oc0$l.OO per box.
OYSTERS Shoalwater bay. per gal
lon ( ); per 100 lb. sack f ); Olym
pian per gallon, $3: per ,00 lb. sack. $9;
canned eastern, 6Se can., $6.60 dosen;
eastern In , shell. $1.7502.00 per 100:
razor clams. $2 02.25 box.
LARD Kettle leaf, tierces. 12o lb.:
steam rendered, tierce, 11c per lb,; com
pound, tierces. 8c per lb.
WHITE LEAD Ton lots, So per lb.:
600 lb. lots, 80 per lb.; less lots, Stto
ROPE Manila, 8c; sisal, 7ttc.
GASOLINE Ked crown and motor.
15022c gallon; 86 gasoline, 28035140
gallow; V, M. Sc P, naphtha, 180200
TURPENTINE In -cases, 73c: wood
barrels, 70c; iron barrels, 66c per gal-loo-
10 ease lots. 72c - lmm:
RENZ1NE5 R8 dPRrees, cases, 24Hj
R,1:T,?rbbM'" "He per. gallon.
COAL Oll-Caees: Pearl. 16c: Star.
19e per gallon:, water white, bulk', 80
per 6Mou; special water white,
Higher Prices Are ATallabl for All
Varieties In That Division at NorUi
Portland; Cattle Sales Are' Made
at a Itcdnction.
In the Stockyard. '
North Portland Hogs station
ary, cattle weak, sheep 60 higher.
'Chicago Hogs Be higher, cat
tle steady, sheep lOo lower.
Kansas City Hogs Be higher,
cattle 6c to lOo higher, sheep
, South Omaha Cattle , steady,
to strong, hogs steady to strong,
sheep lOo higher.
CATTLE BEFKXSSXOS' BEBZOTTS.
The depression la tie cattle trade at
Forth Portland U serious, and means
much loss to those wbo are now forcing
tntix supplies npon a trad thatis great
ly OTsrsnppUed. The sale of a few bead
of extra fancy steers around $8.80 should
not be taken as any Indication that the
market Is good, because It Is not. Steers
that would bring such a price arrive la
the yards but fnce or twloe a year. '
PORTLAND LIVESTOCK RUN.
Hogs. Cattle. Calves. Sheep.
MOO. . .....1,127
no. 1 -
Thurs, . ...
New Vork Cotton Market. '
cvpfin. High. Low. Close,
iuia iUBI 1048
March . .
--T-. mw-w-m- w r r'T- t jl J "DIT f(' D I
December . 1062 1068 1053 106566
The strenarth in tha mutton Itnntlnn
at North Portland is attracting the at
tention of the trade. For some days the
price nere nas Deen Deiow tne oasis
where competitive points have cared to
ship. It was claimed by Idaho Shippers
that 25o more could be easily obtained
for shipment to either gan Francisco or
Sacramento than for Portland selling,
therefore the sheep from that section
has been going elsewhere.
The big run of stuff yesterday was
mostly of inferior quality, but the real
good stuff was quickly picked up. This
morning sales all through tha mutton
division were made at an advance of 60
over previous quotations.
Top lambs sold at 8610 for wool of
ferings, while yearling wethers brought
as high as 35.35, while selected ewes
brought as high as $4.65 for 98 pound
The run of mutton at North Portland
today was but 415 head, compared with
1038 head yesterdayand none on this
date a year ago.
Situation Xs Mixed Bast :
The sheep situation was mixed today
at eastern and central west markets.
There were quite liberal .supplies in
some quarters but elsewhere the offer
were Jlghtandld not.iake care
of the demand even at better price.
The strength at Kansas City and
South Omaha was due more to weather
conditions with- their consequent lack of
offerings than to any real improvement
in the consumptive demand. - South
Omaha had a run of 11,600 head of
sheep for the day. The market there
closed with an advanco of lOo. Top
yearlings sold at $5.25, wethers, $4.60;
lambs, $6.40, and best ewes at $4.25.
The Kansas City market was general
ly considered steady with no change in
Ths only real weakness in the aheep
situation in the United States today was
at Chicago where they had offerings of
32,000 head this morning. Trade has
been quit well stocked there of late and
prices eased off until there was a loss
of 10c as compared with yesterday's fig
Sheep shippers: H. W. Kuhn, Welser,
Idaho, one load; F. Irvine, South Junc
tion, one load sheep and hogs.
Sheep market at North Portland:
Select lambs .....$6.O5r6.10
Choice lambs 6.85 6.90
Common lambs 6.25
Yearling wethers .......... 6.35
Old wethers ., ' 4 75
Fancy ewes 4 66
Cattle Market Is Weak.
Although a limited amount of extra
select stuff whs sold in the cattle mar
ket at North Portland around, good fig
ures, today, the bulk of the supplies
presented a dragging disposition, even
where the quality was within a point
of being top.
The market at this time is entirely
at ths mercy of buyers, but the latter
way they would rather not have the
stuff than to purchase it even at the
reduced figures, because they have a
surplus on hand and are compelled to
feed the additional purchases at much
greater expense than the country could.
This gives still another illustration
that Portland will never become a real
great livestock center until it has some
place to put its surplus on feed at mod
Only three additional loads of cattle
were upon tne marKet today. A large
per cent of the arrivals of yesterday
were held over, because shippers did not
care to accept losses and thought they
would rather feed than sell.
A number of loads which were due to
arrive today in, the yards, were put on
iceu ui x ruuiuaie.
Cattle Are strong Elsewhere.
Cattle prices are strong everywhere
else but Portland at this time. East of
the Rockies the situation has shown
considerable improvement recently.
While most of this betterment has been
due to adverse weather conditions, which
not oniy Kept out a large per cent of
the usual Suoulies. but Increased tha de
At Chicago there was a steady tone
in the cattle trade, with a run of 4500
head for the day.
South Omaha cattle market was
steady to strong, with no change in the
general range. ,Run was- 4600 head.
Kansas City was strong for cattle,
prteeaJfeing-6 .to 10c higher than yes
terday, with a supply of 000 Bead.""
Cattia' shippers: W. Brose, Hanson,
Idaho. . j . loads;.. C Ft. Blakely, Condon,
North Portland cattle prices:
Heavy fancy steers ,..$6.256.40
Choice steera .............. 6.25
Select steers .6.0006.15
Washington Now Completes the
Field and la Striving to Get
Share of the Arizona and Texas
Orders; Mces Are Boosted.
Washlnrton la now ramiMtlnr'vitli
Oregon." Idaho and California for the
potato iraae or tne soutnwest. The sit
uation is further mixed by the contin
ued offering br lmnortera of EuroD&an
The price of potatoes is being boosted
in the country here. At leading Texas
centers buyers say that no business
is permissible at these Drlcea. As hlrh
as $1.30 is available for extra choice
potatoes r. o. b. Willamette valley
points for shipments to cither Texas
or Arisona. New Mexico has been only
a scant buyer recently; Its require
ments having evidently been taken
care of by former liberal purchases.
Purchases at country uolnts are there
fore less liberal owing to the boosting
tactics of speculating dealers who have
made a campaign to force growers hert
to hold for more money, while them
It Is now definitely stated that there
will be a serious decrease in the ship
ments of purchases of potatoes from
the Paclfio northwest growers as soon
as weather conditions in Minnesota and
Wisconsin settle sufficient to allow
some of the liberal stocks there to be
shipped to points In the central west
The rains In California have aided the
situation there so far as the new crop
is concerned and additional planting
will be shown. This will affect favor
ably the demand for seed stock.
No extra fancy potatoes are now b
ing purchased at eastern Multnomah
Clackamas points. For selected stock
$1.50 per cental is being offered f. o. b.
there, but more money is being asked
by the few that retain this quality.
Local Jobbing market Is steady with
no apparent change in the situation.
The' market is being fed about all the
potatoes It needa While most of theso
are of inferior quail tv the movement
has the effect of checklngany desire
for higher priced stock.
GOOD ADVANCE TODAY
New York. March 6. -The big lead
ers were In a strong position in the
market, but most shares closed with a
small advance. Union Paclflo was 14
points higher than yesterday at today's
closing. America Smelter was and
United States Steel common 1H points
higher. - ... .. ; :
Trading was somewhat more active.
American stocks were irregular; ft off
to 4 up, in London today. Pennsyl
vania railroad earned 8.22 per cent on
$463,880,660 stock in 1911 against 8.15
per cent ' on 3412,6100 stock in 1910.
Shareholders " of Westlnghouse " Air
Brake company anticipate an early divi
dend of 83 1-3 per cent -
Range of New York prices furnished
pyyyeroecK ft cook e Co.:
Description j)pen Hlghi Low
Ordinary cows ..
r ancy cows . . ,
Fancy light calves .
Medium light- calves
Fancy bulls ........
Eoir Markat Stationary.
Stationary prices continue In the hog
trade at North Portland. Run for the
day was but 202 head, compared with
76 head last Tuesday, One of the loads
did not arrive until a late hour.
There was a strong tone in the
swine trade at other centers for the
day. A. South Omaha buyers were ea
gerly oiddlng an advance of 5c over
yesterday, although they had a run of
16,400 head for the day.
Kansas City hops were steady to Bo
above yesterday, with a run of 11,000
At Chicago there was a. further ad
vance of 60 in the hog market. Tops
sold at $6.65 this morning, or only a
dime under, the highest value in effect
here. Recently the Chicago market has
made a gain of fully 30c upon the Fort
land market. --
Hog shippers: J. A. Martin, Black
foot, Idaho, 1 load; Firth, Jdaho, 1
.f . . W.J 9
4 r 6.65
AmaL Copper Co.
Am. C. & F., 0..
Am. Can! 0
Am. C. Oil., o.,..
Am, Loco., 0....
Am, Sugar, o ,.
Am. Smelt, o, . . .
Anao. Mining Co.
Am. Woolen, 0...
B. & O., 0 ..... .
Beet Sugar , , , .
B. R. ', ...
Can. Pacific, 0..
Cen, Leather, 0.
C. & J. W.,0..
C, M. & S. P....
Chi. & N. W., 0..
Ches. & Ohio ..
Col. F. & I., C.
Col Southern, c.
Cons. Oas ......
Corn Prod., a ..
Del. & Hudson .
I). & R. Q., a..,
O. North; Ore Ld.
O. North, pfd...
Ice Securities ..
Int. Harvester .
Int. Met, c. ....
Lehigh alley ...
K. (i Southern.
Louis. & Nash. .
Mex. Nat... 2d ..
M. 6t P. S. S. M.
M. K. & T., o . . .
Missouri . Pac. ..
National Lead .
Nevada Cons. , . .
N. York Central
N. Y., ont. & W,
Nor. A West, 0 .
Northern Pac, 0
Pac. Mail Ss. ..
Penn. Railway .
P. O,. L. & C. :o.
Press. Steel Car
Rep. Iron ft Steel
Rock Island. 0..
South. Pao., 0..
South. R'y, 0. . ..
Texas & Pacific
w. .J. .luuuci. V,
U. S. Steel Co,, c
Total sales, flafl .ill) ihnru
Call money, 2 per cent".
Wheat Is Steady to Firm at 87c for
Oub and ,00c for Bluestem, Track
Basis; California Is Getting Most
of the AVIllamett Yillej Oats.
soenos Ayrts Xs Weaker.
' ' (Special Cable.)
Buenos T Ayres, Argentina,
March 6. The wheat market la
weaker and lower on realising
4 sales, due to the mora favorable
4 weather and larger stocks of
4 fered at the ports.
Medium light 6.65 6.76
Rough and heavy 6,62
Tuesday's livestock Sales.
, - Av. lbs.
27 steers ...1280
64 steers ......... .i.i, 1122
1 steer ,vJ100
29 steers ........1108
- 8 8"ateer- r r .-Vt 1126
7 steers . .............. .1158
"16 steers ..............1028
28 steers .-.,...,1094
11 steers 883
- 3 cows
. 8 cows
1 yearling ......
4 heifers .. . .... , ... .....
2 calves i .
K AO 1 DC.
. i. ? ln
4 calves 1C5
, . BULLS.
I bull ..1564
' X- UUii . . .
84 wethers ............
, . LAMBS.
21 8-lambs .............
i minus ... .
' 4 4
rounds whiat kajkxsts.
UvsTDOOl Wheat onaaaa 1 nualiuinA
to Ha lower J closed t i lower.
suenos ayres Whsst closed H to
Budapest Wheat closed Tve lower,
Berlla Wheat closed Ho lower.
als Wheat closed i j lower.
WHEAT CARGOES STEADY.
London. Marrh (ws..t .
steady. Twalla Walla for shipment at
English country markets quiet'
French country markets steady.
PORTLAND GRAIN RECEIPTS.
1 ' 1 , Oat 11, in i
Wh eat Bar. Flour. Oats. Hay.
Mon. .... 105
Tues ' : . .. ' . 4
Year ago. 6
To date.. 11.069
Year ago. 8,918
. - 4
While trade is oulet thewi la a nthr
good tone rullna- in tha wheat
locally. The weakness abroad today had
practically no effect upon the buying
here. The demand at present In the
Paclfio northwest is most attributed to
millers, therefore, foreign , fluctatlons
receive but little consideration.
Sales of club continue on the basis
of 87o a bushel track with bluestem at
Tha oats market is firm at 331.50
generally for No. 1 white. Owing to the
very liberal demand at rood nricea from
California but few shipments of Willa
mette vauey oats are ofrered here.
While the entire oats movement locally
is small at this time, the bulk of the
supplies available are from eastern
Washington. - -
Flour market Is firm but rather quiet
for patent and export No change in
WHEAT MARKET IS DEPRESSED
Chicago Opens and .Closes .With
Loss; Foreign Price Lower.
Chicago. March 6. There' was a de
pressed tone in wheat market trading
4oday and the market was very "Blow.
Closing was c lower ror iuay. m,o lor
July and . unchanged for BeptemberJ
upening zigures were at a loss of o to
There was a weaVer tone abroad with
lower prices everywhere. Forelarn cron
outlook was ' favorable and this vm a
oearian innuence. - -
Cash Wheat trade in Minneapolis was
Ranee of Chlcas-o nrlcea furniahud Tv
vverveuK at wuoKe uo.;
II hOKS , u 114
1 l)Og 210
Open. High. Low.
May ......103 103 108
July 97 97 97
Sep. 95 95 96
: CORN. "
May 71 71
July 71 71
Sep. ...... 71 71
-V: -. OATS. '
62 i 63
41 41 v
1672 1587 1667
1597 1617 1597"
1617 1666 1617
930 942 930
J917- 960 947
967 976 965
87J 885 872
883 892 880
900 912 897
San Francisco Grain Market.
San Francisco, March 5,Grala calls:
1 Open. High. Low. - Closa
May ...... ..179 , 180 179 , 179
Deo. . ..... .147 148 147 148
NORTHWEST BANK STATEMENT
Clearings today ., $3,478,219.67
Year ago 1,636,693.47
Gain today .$ 842,625.10
Balances today 150,002.26
Year ago .. 96,176.48
M . . Seattle Banks.
Clearings today ,....$1,809,357.00
Balances today ........... 174,841.00
Clearings today ,...,..,...$
Balances today ,,
Money and Exchange. -'
London, March 6. Consols, 77 B-16;
sliver, 26;. bank rate, 8 per cent
New - York. March 8 Sterlln
change, long, 4.86; short 4.88; silver
San Francisco, March B. Sterling Ox.
change, 60 days. 4.83; sight, 4.86;
Doc, 4.82; transfers telegraph, 6 pre
mium; sight, 2 premium.
SHEEP LOWER AT CHICAGO
Market Is Off 10 Cents for Day With
'"a-Rnn of 28,000 ' nead.
Chicago, March 5. Run: Hogs, 28,000;
cattle, 4600; sheep, 82,000,
nugs are Bicauy ; leu over SUV; re
ceipts a year ago 17,000. Mixed, $6.85
.; nenvjr, o.duotq.o; rougn, JB.S0C)
6.50; light $6.356.60.
Cattle Steady. , "
Sheep Weak to lOo lower,
OMAHA LIVESTOCK HIGHER
Hogs Are Up Nickel; Sheep 10 Cents
Advanced for the Day.
South Omaha. Neb.. MnroVi k ftt.
4500: market ateadv to mfmntr m..'
J6.50Q) 7.76; cows and heifers,' $4.75
HOSS 16.400. Plieaa mtmaAv n r
w- ' . V VW
higher. , ., .
Sheep 11,600; markets lOo - higher,
Yearlings, $56.25; wethers, '$4.25
t.eu; lamDS, B(s.40; ewes, $3.8504.25.
KANSAS CITY LIVESTOCK
Cattle Trade Shows Advance of 5 to
10 Cents for the Day in Yards,
ceipts, 11,000; market steady to -6c
- Cattle Receipts, 8,000; market 60 to
10c higher. .
. fthAKrv Ttrn1nfs Vnnn. mvlr
By all means read Tim ii'innnra rin.i,
& Suit Shop's ad , in tonight's paper. '
BTKOPSIS OT TE21 AJfJTUAIi BTATXiTTST CP
of PhlK PENNSYLVANIA FIRE INSURANCE COMPANY
Amount of capital paid up ..........$ 750,000.00
T7.-fm5.rfed a"rtns- rar in cash . .....$ 1,618,484.65
omt 299 897.70 -
income from other sources received during the year 8.833.76
i t J it aa a
Pa u"nr. the 1 year. . . . ...$
iosses paid durlnr
Dividends paid durlnr the
. " c vsj vaiu uunnf ins year.
Amount Of all Athat j . .
- H. w oAyBuuihUlQI,
Value of real estate owned
T..u vi biucks ana oonas owned
Loans on mortgages and collatersJ. eta
Premiums in course of collection and in VranVmis-
misBion .......,, ... ,
Interest and rents due and accrued
' Total assets admitted In Oregon
. V V a eaaMai
Gross claims for losses unpaid........ ... , $
AmouMof unearned premiums on al, outstanding
Due for commission and brokerage I'll "V
All other liabilities . I !!
Capital ! ""
Surplus ....... ""
Total insurance In force" ' DeVember' Yl','il i ' '. " .11 '. 1 1 ! '. '.T.llt 137l'6lu0
BUSZ9XS8 nr oaanir nm ira
Total risks written during the year, .
Gross premiums received during the year.. ......."..'.!"
Premiums. returned during the year....... ....!!!! 1!
Losses nafrt rinrlm th. ' ......,..,.,.. , ,
Total amount of rlska outstandlng'in' Ooi 'Decern-'
THE PENNSYLVANIA FIRE INSTANCE "COMPANY
EUtutory resident genersl aront and aUornerfo? .etrvioeYWtU Be0r'
CHAS. v. MCCARTHY, 246 Stark Street, Portland. Or.
An efficient staff .of well ' trained men to
meet and supply the banking requirements
of our customers and the public and to keep
the records of the bank, are points of good'
service in this bank. . Modern equipment,
conveniences and up-to-date methods are
employed, thereby avoiding losses and de
lays. Your account is solicited. We pay
4 PER CENT ON SAVINGS ACCOUNTS
Hartman & Thompson, Bankers
Chamber of Commerce feuildina
FOURTH AND STARK STREETS
THIS BANK is depository for the United States Gov
ernment, the State of Oregon, the Courity of Mult
, nomah and the City of Portland. In this bank your
interest, are safeguarded in every way, Your account
is cordially Invited.
MERCHANTS NATIONAL BANK
Founded in 1886
Washington and Second Streets
Ladd &Tilton Bank
, ESTABLISHED 1859
Capital Stock - - $1,000,000.00
SurpluaandUnaivitlefl ProfiU $800,000.00
COMMERCIAL AND SAVINGS ACCOUNTS
Letters of credit, drafts and travelers' checks
Issued, available in all parts 'of the world
Corner Third an3 Washington Streets
.WW ... ....
Capital - $1,000,000.00 '
A Of On
Mid Stark '
FIRST NATIONAL BANK-
' ?';s..'r j'-'':-'. -":" -.
,' ' w 'K 'X-Xy-:' X X: :XX"'?r"
SURPLUS . $850,000
OLDEST NATIONAL BANK WEST OF THE
t ROCKY MOUNTAINS