The Oregon daily journal. (Portland, Or.) 1902-1972, April 29, 1913, Page 18, Image 18

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    Ill
THE OREGON DAILY JOURNAL, PORTLAND, TUESDAY EVENING, APRIL 20, 1D13.
big put ova
FRONT ST
i rnuii
BY THE BEEF
Make Artificial Decline in Poultry
Prices to Scare Commission Inter
rst; Then Grab All the Supplies
in Sight at Low Prices.
T6dayi Pro Juco Trad.
Egg nmrket strong.
Cheese holds firm. v.v,
Butter is steady. . ,".
Chickens firm.
Dressed -meats firm.
New potatoes lower.
Old potatoes stagnant.
. Heavy lettuce demand.
Cabbage market higher.
Tha market for chickens continues very
firm along 'Front street and last -ween s
extreme values are being obtained. It
has just developed, according to some
of the leading Front street Interests,
that the real reason for the recent weak
ness In chickens was that the eastern
packers' were trying- to "put something
over on the street" That they succeeded
Is now history.
It has-developed that the big pack
ing Interests secretly cut the price of
. chlckena'for ar very short time in order
' to break the market along Front street.
This being accomplished they quit sell
ing and offering at the low prices and
began to put all their attention to the
buying lend 1n the country. In the
meantime. Front etreet interests had
written their country shippers that the
-market was weaker and might go lower.
This was just What the .packers were
looking for. They began to buy heavily
'at lower prices and aoon had all avail
able stock cornered. Then, too late.
Front street diBcovered the trick of the
' beef barona. There was an undersup
plled market with little stock in sight
outside of the hands of packers The
latter began to "shoot up" values and
the market has been firm since, and will
probably1 remain so until the beef men
again want to buy, tfhen the trick may
again , be repeated.
EGG TRADE IS HOLDING
There Is a good and steady trade In
the egg market, along Front atreet but
' no changes are announced in prices,
storage operations, continue heavy and
this with the northern demand is taking
tare of arrivals.
J1F.URY SITPLIKS ARE DELAYED
Carload of Louisiana strawberries ex
pected in the local market today has
been delayed a day en route and will
not likely. arrive until tomorrow. The
market Is bare of-offerings.
GOOD CAULIFLOWER IS FIRM
TRADE
BARONS
Market for the better offerings ofLiuij
cauliflower is firm -with top stuff sell-fSjcpt
5ng at 90e to 1 a dozen. Poor stuff is
still avaliaDia at materially lower ng-
, urei DUl mis isj nara 10 oeu m anjMjul.v
price.
CABBAGE MARKET IS FIRM
...Market for cabbage Is very firm at.
Je a pound. A carload from Northern!
California was unioaaea mis mornm
and found ft- ready sale at the higher
Iigure. A snipmeui trum lava Augeies
is due.-
SEW GARNETS SELL HIGH
' Arrival of new crop garnet potatoes
found a x-ery good demand along the
street at 6 He ft pound. Other new crop
stock is selling generally from 5 to Bt
a pound. Old crop is still very weak
with little movement,
LETTUCE SOON CLEANS VP
Carload of head lettuce which ar
rived from Los Angeles at noon yes
terday was entirely cleaned up at the
opening -of business this morning. De-
. mand Ts the greatest ever known here
and the price is held firm at J2.6Q a
crate, ' " .
FORECAST FOR SHIPPERS.
, ! ...
Weather bureau sends the following
notice to shippers:
Protect shipments as far north as 8e.
little against minimum temperatures of
about 38 degrees; northeast to Spokane,
30 degrees; southeast to Boise, 20 de
irrees; sorth to Siskiyou, 32 degrees.
' Minimum temperature at Portland to
. night, about 38 degrees.
PORTLAXD JOBBING PRICES
Tbee price art thoae t which wholesaler
ell ti retailer, except it otberwlte stated-
BUTTER Xomlnal, City creamery, cube
and tub. 2c; printa, 29(829ijc; atate crcanierr
' SSf lb.: dairy. 2Se. J
EGtiS Nominal. Candled local eitraa, 2le
raae count, 184c; apot Uujinf price, lose off'
lllc f. o. b. Portland.
LIVE POULTRY llena ISc; brollora $4 no
i6.oo k.: stag 11c; Reeae 12c Pektn ducka
lsijiiMo; Indian Runner. ISc; turkey 2oc'
dreaaed, 23&25c; plgeona, old, $1; joung,' j.jJ
down.
CHEESE Nominal. Freab Orefon fancy fnii
cream twlca and triplota, 16Hc; du Isles 17c-
Vonnff America, lie. ra' J,c-
BUTTER FAT Producers' price for Portlaml
dpllwrr, per lb., MruMW
Fruita and Veretablet.
FRKSII FRl ITS New r,l ,,
$4.25ra4.r0; lianeuBn, 4?;fi5clh.; lemons J7 -,n
llmca. 1.0 per 100: grapefruit, tali'forn'u
M.00ia3.50; Florida. $4.r-jC(i5.50; plneapplea L
lb.; pears ( hoi: Persian if ate. 7U0ftr
traberTlca, Callfonila, $3.25 per la u'
- tw.
APPLES Eating apple, 60c8$1.50; eooklr..
apples. SOe a box.
POTATOES helling price: Extra choice SO
' ebolce, 40c; ordinary, 0c per nack; Ktrrlna
Jirice, carloads, 2'h: countrr jxifutB- mi,,'
,4JMi5 per ei-ntal ; new .t.atoea, C,'(afiv,e
ONIONS HoftitKH-. Axmciailnn scllliic n'rlci.
tfic PT Cf-ntal f. u. h. Belling pulnt; garlic Ti.ai
De: new onton. $2.23. ' '
VKOETABI.ES Tarnlps, 75c: beets 75c- new
Carrots 65c down bunches; parsnlua 76e"m.ii.
raWiage, 12.0'p; Florida tmati', ' box "'V
Jlexlcan luga ( ); green onlous 124aiv
twcn bmicbes: peppers, bell head lot
nice. t2-..r0 crate; --Icr.r. 1 .kwii. Iinofa'
r, wr crate; egg plant. 2 lb.; cauliflower (iu
, i$l.i0 wr down: rhubarb, local, Jfir.v lrtl
chokes, f 1.1ft dorcn; aprouta. 10c lb.: aauaranu'
ft7c lb. spinach, -local, 3c lb. ; Walla Walla
75e box; peaa. Bfi'c.
V.. Hops Wool and Hide.
HOPS Producers' price. 1912,' U&t&c. sc.
cording to quality; 1U13 contracts, J4c
WOOL NcimiiiaL IBlit clip, Willamette rsl
)ey, qnrae, totawold, 18c ;b.; medium tjbrou.
blre, lttc! choice, fancy lota, 2iic lb.; eaatern
Oregon, 14ftl7c, accordiug . to ahrtnkace
CH1TTIM OR CASCARA BARK 1012 nomln.
al, car lota, 6c; lea cr lot 6c lb.; lu hark
V J-U... " ' 1 '
WANTED! WANTED!
Veal, Hogs, Eggs, Poultry !
our prices today: Kgga.aoe do.; etaick'ns
17'i to )8c lb.; broilers, B0 to c; pork, fancy'
ll to Vir; veal, fancy, 14 to 15c; stur iau
tvt, 'IS to 24c. ;
: CHECKS BENT DAILY I
H.Sclimalz &"Co.
- M1-14J front Bt., Portland, Or. i
Paid-up OapiUl $10,000.
EWWSNTE
W3c Doz., Case Count, Fi O. B.
Portland. No Commission.
RUBY & CO.
107 Front St., Portland, Or.
Assets .$20,000.00,
GROWERS SELLING
' THEIR HAIR FREELY
Are Accepting Current, Rids of 32 Ji
Cents for Mohair; Wool Situ
ation Is Stagnant. , - "
The market for mohair is still holding
steady with tfenetal top limits of buy
ers at 32Vc a pound. . Leading operators
are not offering- above this., A. small
amount of buBineas is pasinc at this
figure,, growers considering that It U
the best they will be able to force,
therefore are generally not Inclined to
hold for a further advance.'
The ool at Kddyyljle was, scheduled
for sale yesterday, but no word has
j come from there this morning, owiog
iu i iic uuui; uunuiuun vi ine -teiepnone
service. ' ,
The market for wool Is extremely
aulet. The small amount of ' business
reported passing at the1 amount Is
scarcely sufficient to firmly establish
quotations, and former values are there
fore nominally continued. Th,e dullness
and weakness in the wool trade is na
tional but not world wide. While
slderanle easiness is shown In . Boston
and New York, as well as along tlje
Pacific sl,ope, the market abroad is the
firmest anil highest for many seasons.
Most of the buying has been by foreign
Interests, sales to Americans being com
paratively light. . .
Chicago Shows a Loss for the Day
, With a Weaker Feeling and
Lower Price Abroad.
Chicago,, April 29. Wheat market
was ' extremely bearish today with a
closing loss of to He from yester
day's final figures. '
There- was considerate .weakness at
the start with May and July each c
off while the September showed an
opening loss of He,.. .-
Foreign markets were hot so firm and
thla was the bearish Influence here dur
lng the day. Broomhati cabled from
Liverpool that the market opened with
shorts covering on account unfavorable
political outlook and firmness at Win
nipeg.! Prices were 4 to d -higher.
Following the opening there was a fur
ther advance of Bd on the decrease in
the visible here. During the morning
profit taking was induced by the clos
ing decline in Buenos Ayres, weakness
in Paris at the opening, quieter demand
for both cargoes and parcels and the
fp.ct that the short interest Beems to Ijc
eliminated. At 1:30 p. m. priced were
easy to Hd. lower than yesterday.
Range of Chicago prices furnlBhed by
pverbeck & Cooke company, 216-217
Board of Trade building.
WHEAT.
Month.
May ..
July j..
Sept...
I
Mr ..
f Open. High.
t2H Ii24
H2M, 24
VI U2,
COHX.
Wti K,
M SB '4
......6a e;
" . OATS.
: as-
4Vi -M
My, 34,
POUK.
in7 inr,i
lit.' 11102
ism v.nj
LA It I).
.....10 llitK)
10ts2 PW5
1080 1US5
RIBS.
1125 1123
loiwi liil7
1077 low
Low.
Ui
Vi
63
MS
34
Close.
M (4
t'2M, B
9
.V. B
Ml', A
80 !i A
34 B
31 'n A
May
ieit
Mht ..
Jiily.
Sept, ..
m4r,
19.15
11135
KH7
lOSil
10
1122
1MH7
1U77
1047
1M56
1B40
KH0
1!
12
1122
limn
P mo
May
.luly
Sept.
May
July
Sept.
NORTHWEST BANK STATEMENT
Portland Bank.
This week. Year ago.
......1.71fl.2fl7.7i 1, 724. 1115.04
...... 1,970,501.61 l,S13,850.2l
Clearings.
Tuesday ...
Monday . . .
Week to date $3,098,700.32 $.1,538,013.25
San Francisco Grain Calls,
San Francisco, April 2. Oralu calls:
BARLEY.
Open. Close.
May 143'4 B 1454 A
December huu an
OATg.
W. May .1B2 B 103 A
OMAHA LIVESTOCK IS LOWER
All Lines Are Showing a Loss in
, Price; Cattle Are Down a Dime.
South Omaha, Neb.. April 20. Cattle. 4KW;
market slow to 10c lower; steers, $8.108.50;
cow und heifers, $6.SOii(7.75.
Hogs, 13,000; market lt'ffl5c lower at $8.15
8.30.
Sheep. 7500; market alow, steady to 10
l.V lower; yearllnga. $7.3Gl7.75; wethers. $0.75
H&lMi lambs, $8.33(a8.9i; ewes, $8.5O(g;0.75.
KANSAS CITY LIVESTOCK
Swine Prices Are 10 to 15 Cents
Lower; Sheep Situation Firm.
Kansaji City, Mo.. April 29. Hogs, 19,000;
market 10 to 15c lower; top. $8.55.
Caitle, 9000; market steady.
Sheep, 9000; market firm.
CHICAGO HOGS LOWER
Market Is Off a Dime for the Day
W ith Tops at $8.65 In Yards.
Chicago, April 2!). Hogs, lO.OOO; left oyer,
12.8x; run year ago, 2I.IHJ0; market l'tc lower,
mixed, $S.'250r8.6.1: good and heaTT. $8.45
8.00; rough, S.2O0!8.4; light. $.;Btf8.03.
Catlle, 13,000; market ateadr.
Sheep. 18,000; market steady.
car lots. B5',c; less csr lot He lb.
HIDES Dry hide. 2!22e lb.; green, lie;
salted hides, 13c; bulls, green salt, -9c: kips
iajl4c; calTcs. dry, 24Ct25c; calf skins, salted
or green, 17 21c; green bide, lnic less
thtu salted; abeep pelts, salted, b&c(a$1.10:
dry, 13c lb.
MOHAIB 1013 Nominal 32t4c lb.
Heat, Flab and Provisions.
PRESSED MEATS Country killed: Hogs
.fancy, HHc; ordinary, Hotline; rough and
heasy, 9c; fancy veal. Hr6014Vjc; ordinary
13Vic; ior 11c; lambs, 104tloic; mutton. 742
be; goats, 3ij4c; beef. 811c. . "ar
HAMS, BACON ,TC Hams; I920Hc
breakfast bacon, 17(8 27c; boiled ham, 29'4c'
plcnlca, 12,c; cottage. 18c. '
MK ATS Tacking bouse Steers. No. 1 stock
IXWU'qc; cows. No. 1 stock, 1212tic; ewes'
13ViC; wethers, 14ftc; yearling lambs, 13V4c:
pork loins. 20c. 71
LA HI) Tierce. 14Hc; comnound tierces, 10e
OYSTEItS Hboalwater bay, per gallon ( ):
per 100 lb. aack ( i; Olympia, per gallon,
$3.25; per 1"0 lb. sack, $9; canned, eastern,
05c can; $8.50 dozen; eastern. In shell, $1 76 ((
$2 oer 100; rasor clams. $22.25 box.
FISH Nominal. ' Rock cod,' 10c lb.; dreased
flounders, . 7c; halibut, 7llc; striped bass,
2oc; cattish, 12c lb.; frosrn salmon, 10c; fresh
almon, 18c lb. ; sole, 7c lb.; shrimps 12ic;
perch, 8c lb.; tomcod, 8c lb. ; lobsters. 20c lb.;
black bass, 20c; ilyer amelt, Columbia
melt t ) box.; blck rod. He.
Orooerlet.
8LG.VK Cube, $5.45; powdered, $5.30; fruit
or berry, $5.15; leet, $4.85: dry granulated.
$5.06; 1) yellow, $4.05. tAbor quotation ar
00 day net cash.)
E1CK Japan tyle. No. 1, R'4eile; No. S.
4 Vie; New Orleans, head. b&tc; Creole, BV4c.
HONEY New, $2.75 per case.
BALT Coarse, half ground 100. $10 per
ton;, VI $10.75; table dairy, 50s $18; ly
$17.fc0; bsles.j $2.25; extra fine barrela. 2. 6
and Ww. $5.256.O0: lump rock. $ 20.RO.. per ton.
BEANS Small white, iV,r; large wtilte, 8e
TtBfHei uayaai liasaa, 4y red, i I
rtnt. Caal OU, to.
WHITE 1.KAD--Ton lota, 8c per lb. ( 000 lb.
lota, 8c per lb. i les lota, SVie per lb.
..IT IIL'IT . i a ..... a..n"; ..V.
OH, MEAL Carload lots. $M. ,
TCKI'KNTINW In cases, 73c; wood barrel,'
70c; Irou barrel 00c per gallon; 10 eas lot.
S 2c. . .,. . -. .
LINSEED OlT,-Raw. hbls.; 68r per gal:; ket
tle Ivlled. bbl. Ode gal.; raw case, ftu-;- drilled
cases. uCh; .gal.:. M. at. Jt5t) gulluua" lc leas;
U k awt, per- tots.
WHEAT MARKET BEARISH
LliulTED ARRIVALS OF
LIVESTOCK TODAY IN
PO
TLAND YARDS
Market Is Generally Showing Very
Good Position With Prices In-
, changed; Packers Getting Stuff
Direct in Country. - ;
4
f . Today's Uvestock Market " 4
North Portland Hogs, cattle
and sheep firm. a
v
4 Chicago Hogs lower; cat- 4
tie and sheep 'steady, -
. -,
4 ' Kansas City Jlogs lower; cat-v 4
tie steady; sheep firm. , ' 4
: - ' ;
4 South Omaha Hogs, cattle
4 and sheep- lower, ' .
v rORTLAXU LtVEMOCK ,RfX.' .
.'Hot. Cattle. Calves. Sheep.
Tuesday SUa 12 , 423
Monday ,1117 B:i .. 47
Saturday 7 ... 1 60
Friday; 061 6fll BO 187
Thursday 1M ... .. 149
Wednesday ....... 84 . 15 4 111
Week ago , ,173 4R7 . . 2:h5
Year suo !I1 Ml 12 642
Two Years agi .. i!3 -m - .... , 3o
Tliere were only limited offerings on
the market at North Portland for the
day. The run was qmall, and some of
this stuff came direct to killers. The
situation in the bog trade Is unchanged,
with but limited supplies available this
morning.
At Chicago there was a weaker tone
in the hog trade, with a loss of a dime
in the price.
Kansas City hog market was down 10
to 15c in the nog division.
South Omaha hog market was 10 to
15c lower, with tops at $8.30.
North Portland hog market range:
Best light $8.90(9.0(1
Best heavv 8. 80 8. 85
Medium light 8.90
Rough and heavy 7.95 8.00
Cattle Situation. Is Strong.
There continues a strong situation In
the cattle market at North Portland.
Receipts for the day were light, hut the
general trend of the- trade was the same
as yesterday.
ACfhlcago there was a steady tone In
the cattle trade, with no change noted
in prices.
Kansas Citv cattle market was steady
at vesterday's averages.
South-Omaha cattle trade was weaker
w'th a loss of a dime.
North Portland cattle range:
Heavy feed steers $8.008.25
Choi-tfri'a . .... ... . --L&06$.00
Common steers 7.50
Kancy heifers 7.75
Fancy cows 7.257.35
Ordinary light calves 7.00
Kancy llffht calves. 8 .75
Heavy calves , : 5.00 50
Best bulls 5.50
Ordinary bulls 4.505.98
Sheep Trade Extremely Strong.
Trade In the sheen market continues
extremelv strong. There was a small
run for the day and a large per cent of
these was brought in direct by buyers
of local killers.
At Chicago there was a steady tone
in the sheep trade for the day.
Kansas City sheep market was firm
at former prices.
South Omaha sheep trade was weaker
with, a loss of 10c to 15c.
North Portland sheep prices:
Spring lambs $ 8.75
Yearling lambs 7,508.0O
Ordinary wethers 7.25
Old wethers ; 6.50
Fancy ewes 6.00
Ordinary ewes 5.505 5.75
Sheared stock quoted 75c to $1 less
than wool Bheep.
Today's Livestock Shippers.
Hogs A. B. Gale, McCoy, 1 load;
Hugh Cummings, Halsey, 1 load 'direct
to I'nlon Meat company; J. L.. Campbell,
Madras, 1 load.
Mixed loads Fred B. Decker, Silver
Ion, 1 load hogs and sneep direct to
Union Meat company.
Cattle C. McCollough, Nampa, Idaho,
3 loads; F. Angell, Redmond, 2 loads.
Sheep h. E. West, Oakland, 1- lead.
Tuesday Morning Bales.
STEEKS.
No. ATS.lbs. Prloo.lNo.
22 , 1275 7.85 21
22 1275 $7.85; 21
ATe.lb". Price.
...1214 $7.80
1214
....1107
$7,841
7.00
B I' 14-8.
No.
1
fit
34
3
101
Atc.Uis. Price.
....1201) 16.00
142 18.8.1
400 7.83
HOGS.
1811
125
J0O
I8.K5I
8.851 . 2
7.85
EWES.
$(1,251
LA MILS.
or
70
$5.25
$7.50
AUSTRIA TO DECLARE
WAR THURSDAY, SAYS
" HER FOREIGN MINISTER
(Continued From Page One.)
today. It 1b stated that the porte has
Instructed the Turkish diplomats In
the various' European capitals to sup
port Kssad Pasha. It Is reported that
KRsad Pasha proclaimed himself kln
of Albania In order to retain the Turk
ish suzerainty over that country.
. The French government. Is secretly
advised that Montenegro will ultimate
ly abandon Scutari without a fight, It
Is reported.
Vienna Prepares for War.
(United I'rcss Leased Wire.)
Vienna, April 29. Speedy declaration
of war between Austria and Montene
gro Is indicated here today In a state
ment by Emperor Frana Josepli, by
the slumping of shares on the Bourse
and by continued consultations between
the emperor and Grand "Duke Franz
Ferdinand and the cabinet and the army
generals.
Reports from' the Balkan states are
alarming. , Prince Dar.llo of Montenegro
is on the march to occupy the heights
dominating Cattaro. an Austrian city,
and it is reported majy bombard that
place. Danilo also will be In a posi
tion to avoid the Austrian landing at
Antlvarl.
There Is apprehension that the con
flict will Involve the rest of Europe.
Ttussla Is not participating in the Loo
don conferences and is reported to be.
secretly aiding Montenegro, It Is
feared "tha t i H ttstria follows out her
thats Russia will openly defend the
smaller nation. Such a move would In
volve Germany and what would happen
thereafter Is problematical,;
Ambassadors Are Reassembled.
iCnlied Press lsseVI wrir.
London, April 29. Unwilling to wait
longer Tor the powers to act, Austria
today announced that it would take Im
mediate and independent action against
Montenegro and force King Nicholas to
evacuate Scutari, according to a dispatch
received here today by the Lsondon
Daily Mall from Vienna.
At the ungent requfest of Sir Edward
Grey, the foreign ambassadors hurriedly
feasSSirTbTed tills aTteTnsaTrrarter-Ba
lng adjourned until Thursday, 'Aus
tria's announcement was the cause of
Grey's action. It is reported that Italy
entered 'the- strongest protest against
Austria acting alone,;;-
Mexico produced about. on third of
Ibtt-woria Uvttr 4tat ear..
ERiOR MLS PUT
UP THE WHEAT PRICE
Bluestetn Goes Within Fraction of
: Dollar and Club 'Is Quoted
as High as 80 Cents.
WHEAT CAINIOES Ql'IET.
London. April 29. Wneift cargoes on pass
age firm but quiet,
English and French market firm.
KOKElGN WHEAT MARKETS.
Llrerpoid Wheat closed d higher,
I'nrls Wheat closed 9j2'se lower.
Horlin Wheat closed , lower.
Antwerp Wheat closed higher.
) Itmlapeat Wheat closed I e higher. -
Buenosi Ayrep Wheat closed c lower.
rOBTLAXD , GUA1N nETEIPTS.
-M'heat, BarleyJ-lour.Ot.Hy.
-Monday ........ 47 12' 20 J 19 ' 11
Tuesday 8 7 2 2 II
Year ago 48 2 . H 17
Keaion to date ..15.891 2025 21 M 1358 1874
Year (go ...... 13.020 358 2177 146.1 2504
Interior mills tore off the lid of wheat
values late yesterday afternoon and this
morning continue to quote higher fig
ures. Mills that have "been out of the
market for about 10 days have reentered
the trade. and some of the interior inter
ests are paying from 89 to 99 Vic for
bluestem and on the basis of 88 89c
for club, ,
Both of these values are above the
present export basis, therefore n& for
eign business is showing at the moment.
Just' what the millers want with the
bluestem Is unknown. It Is stated lu
some quarters that- they have some
newly reeeivea export riour1 ousiness,
but leading millers here say they cannot
even get a nibble of trade abroad. Even
though there was .an export demand
for flour it cannot be understood why
millers will continue to bid up the price
of bluestem and pile up increasing sup
plies of patent.
All through the cereal trade a very
strong tone Is ruling..,, Oats market is
again firmer and higher with sales of
No. 1 feed at $2828.50 while milling
goes at $29 easily. , The same is true
of feed barley, bids for which have
climbed to $24.75 although some are
not quoting above $24.60.
Millstuffs are firmer and although
some mills here have not advanced the
price, sales have been made to Califor
nia at an advance of $1 a ton and some
local buyers are bidding 60c a ton more
than home millers are asking. However,
the latter will sell only a very limited
amount at home and none to the south.
Grain bags are again weaker and some
offers of bags at Dc were , reported to
day. WHEAT Nominal, producers' prices,
track basis: Club, SS489c; milling,
bluestem, 99c; red Russian, 8687e;
fortyfold, 8990c; Turkey red, 8891c;
Willamette valley, 8990c.
BARLEY Nominal, producers' prices,
track basis: Feed, $24.50 24.75; brew
ing. $25; rolled. $24.50.
OATS No. 1 feed, 28(gi29; milling,
$29 per ton.
E '4A)U rtTxamng- p uck jf aueitL- i.m
Willamette valley, $4.70: local straight,
$3.85 4.10; export, $3.85 3.95; bakers',
$4.5fl4.75 .
HAY Producers' prices: Willamette
valley timothy, fancy, $15; ordinary, $12
!!10; eastern Oregon-Idaho, fancv tim
othy, $16 17; alfalfa, $11.50 12.50;
vetch and oats, $9 11; cheap, $911;
clover, $8 9 per ton.
MILLSTUFFS Selling prices: Bran,
$23; middlings, $32 33; shorts, $25 jer
ton.
GRAIN BAGS No. .1 Calcutta. 9c.
C. P. I
Selling by Austria Attributed
Reason for Big Decline in
New York Market.
as
New York, April 29. The severe liqui
dating movement in Canadian Pacific
today unsettled the general stock mar
ket, forcing severe losses in' practically
all securities.
The selling of Canadian Pacific was
attributed to the complicated foreign
political situation, the liquidation being
mostly from Austria. The stock closed
here with a loss of 6Ta points for the
day. ,
Aside from the severe loss In Cana
dian Pacific and the weakness in metals
which cost Amalgamated 1 points, the
general market was weak, and from 1 to
2 points lower than yesterday.
U. S. Steel shares were weak and low
er' on the publication of the tonnage re
port, which Is less than for the same
quarter a year ago.
Range of N. Y. prices furnished
by
Overbeck & Cooke Co., 16-2lf Board of
Trade building. -w
DESCRIPTION
i OnenlHIahi 1iw I HM
Amalgamated Cupper Co
Am. Car Foundry, c...
American Can, r
American Can, pfil.....
Amerleun Ix)co., c
American Sugar, e
American Smelt, e
American Smelt, pfd...
Am. Tel. & Tel
Anaconda-Mining Co...
Atchison, r
Baltimore & Ohio, e..
Iteet Sugar . . .
CRIPPLE
STOCKS
TO
474
30
SI'
S.1
110
65
35
1(M
118
20
88 Vi
13
22 (,
14
28 Vi
Brooklyn Rapid Transit.
cansdlan faeinc, e..
Central leather, e
Chi. A Great Western, e.
Chi. Great West., pfd
Chi., Mil. St. Paul..
Chi. k Northweatern, c.
Chlno Copper
Chesapeake ft Ohio .
Colo. Kuel A Iron,
Consolidated, Gas . ,
Corn Products, c . . . .
Corn Products, pfd .
Delaware t: Hudson
37
63
90
127
8S
57
3.1 .
271;
33 h
42
24
lien, ft Klo Grande, pfd
Krle, c
Krle, second pfd......
Erie, first pfd
General Electric
lireat North., ore lands.
TOreat North., pfd....
Io Securities
Illinois 4'en4rl
Inter. Metropolitan, e.
Inter. Metropolitan, pfd.
Lehigh Valley -. . . . . . . . .
Kanaa City Southern.
IxmlBTlllo A Naahrtlle.
114- .
14
50
53
Z')
,.-!.
2:1
35
48
10
101
20
Mo.,-kanss & Texas, e.
Xlo. Pselfic
National Lead
Nerada Consolidated ...
New York Central
N. Y, Ontario ft, West..
Norfolk ft Western, o. .
Northern P., C;
Pa. Mall Steamship Co.
23
14
,09
24
renn. Railway
!, (!., I.. C. Co
Prested 8teel Car, c.
Reading, e
Reading, first pfd......
Rep. Iron Steel, e....
Rep. Iron A Steel, pfd .
Rock Islund. c. ........ .
Rock Island, pfd ....
8. 1.. ft 8. F., 2d pfd
Southern P., c
Southern R'y., c......
Southern R'y.. pfd ....
Tenn. Copper , .
t'nlnn Pacific, e.. ... . .
I'nlon Pacific. pfd....
I'nited State Rubber, e.
f. 8. Steel Co..-e..
V. S. Steel Co., pfd..
.Utah Copper.
Wabash, e. .......... . .
Wabash, pfd
West. Inlon Tel.......
Wesfhouse Electric...
Wis. Central, o. .......
mi
22
82
2f
35
10
97
24
75
33
1 46
S3
t
58
107
49
10
fW
6i
fioii
Total Sale 553. 2"0 sharea,
, Money. 23M23 percent.
lUstillor 15(?f5H per cent,
Prison Druggist Arrested.
J.-"Wllllsni,,,4J?fS!, j
tier, better known as "Doc,,"; the drug
gist employed at the state penitentiary
for years, wag arrested today on a fel
ony charge. Information which led to
the arrest of Qtiartier was furnished by
a young convict employed in the hos
pital who Is serving 20 years for horse
stealing.
72H 12 70
40 40 48
81 2Vi .K
02 92 01 H
34 S4 Xi
112 112 111 '
66 67M? 65
ini ihi ioi
1211 120 1584 1
36 36 :i6
irat- lot iiwiUj i
V
no jh so y,
xo Tinti sx
236 237 233 !
23 23 23
14 14 14
20 20 28
106 108 1O0 1
128 mat 127 1
30 39 37
63 04 3J4
32 32 31
128 128 127 1
10 10 10
65 05
15T 157 157 1
35 35 33
2S 28 27
34 34 34
43 43 42
38 1.18 137 1
33 33 31
125 125 12 1
24 24 24f
114 114 114 1
14 15 14
51 52 fin
154 154 152 1
23 23 23
131 131 130.4
23 21 23
36 36 85
49 49 48
.16 17 1
101 102 101 1
20 29 29
104 14 104 1
114 114 113 1
24 24 2:1
114 114 114 1
109 109 100 J
24 24 24
159!16t) 158 1
91 91 90
23 23 22
83 83 N2
21 81 20
85 35 35 3
22 22 10
6 m 98
24 24 3-.,f
76 76 78
34 34 33
148 148 145 1
84 84 83
61 61 60
59 80 58
N'7 IOT 107 1
61 51 49
'i -1H ! 8
10 W 10
65 65 84
81 61 60
52 52 BO
canned mm w
IS eY WEAK WITH A
Chums Arc Being Offered Down to
55 Cents, -or 7H Cents Vnder the
Opening Price of Last Season;
Medium Reds Sell at 73 Cents.
Hy Hynian II. Cohen.
The weakness in the canned salmon
trade is . the most intense known for
many seasons. It is now apparent that
some of thft new canneries which oper
ated in 'Alaska for the first time last
season, will not be able to get suffi
cient funds from the banks this season
to run, their plants. ,, . V ; .
There were enormous losses sustained
by practically all of 'the southwestern
Alaska canru?rs last season. The price
of medium reds was opened out "of line
with conditions generally, and the sale
of this grade has been slow. The same
has been true of the. chums. ' LaBt year
the chums opened at 62c a dozen, but
liberal stocks of this grade , are now
being offered at 55c, and it is reported
that offers at 50c have been accepted,
' Cohoes or medium reds opened last
season at $1.15, and this grade lias' been
a drag on the market ever since. - East
ern brokers are now freely offering to
sell Cohoes down to 80c a dosen, and
reporte indicate some business down to
70c. All of these prices are consider
ably below the actual cost of produc
tion. There Is a scarcity of pinks and this
Is probablx the only grade of salmon
mat is actually firm and is selling up
to the opening price, of last year, or
above it. - Last 'season the opening price
for pinks was o5c. but , some recent
business hp.s been done as high as 70c,
and it is now considered likely that the
coming season's opening will be at the
latter figure, while other grades and
varieties of canned salmon will be ma
terially lower-than former figures.
The spring-summer season opened
along the, Columola. Thursday at noon,
and there will be a grand rush to
operate. Fishing has been going on for
some time, and a number of caches are
reported found by state officials. A
very bl? one was discovered at Clats
kanle. and about four tons of the fish
seized and sold by the officials. It Is
stated that a miniature cold storage
plant was In operation there, the ice
being secured at Astoria. There are
also reports that illegal fishing has been
going on In the -iclnity of' the Cascades
but no selxures have as yet beerl made.
The local fresh fish market is being
fed by "sportsmen," who are allowed
to catch three fish a day. Some of
them take their families along and mar
ket 'from six to a dozen fish almost
every day. while the regular fishermen
who earn their lfvlnsr by ' this method
cannot fish until May.l.
RAW FISH IMUCES
Columbia River Packers Napie Same
as Year Ago.
Astoria. Or., April 29. At a meeting
here yesterday afternoon, the Columbia
Kiver packers fixed the rate for sal
mon during the season of 1913, which
opens Slay 1. The prices are the same
ns prevailed last year and as were fixed
by the fishermen at a meeting a few
days ago. They were 6. cents a pound
for cannery fish and 1 cents a pound
for cold storage salmon, those weighing
25 pounds or over.
San Francisco Produce Market.
(Cnited Presa Leased Wire.)
San Francisco, April 29. Butter-Extras, 27e;
firsts, iittc. ,
Eggs K.xtraa, 19c; first, 18c; selected
pullets. 17c. .
Cheese Oregon flats, fancy, 17c; do Voting
America,- 18c.
Uranges Par bolt, narels standard, $ 1 fi 2 ;
do fancr, f3.00lg4.25; do choice. 2.253.X.
I Money and Exchange.
London, April 29. Consols, 74l3-16d;
silver, 27 15-16; bank rate, 4 per cent.
New York, April 29. Sterling ex
change, long, $4.84; short, $1.87; sliver
bullion, 60c.
San Francisco, April 29. Sterling ex
change, 60 days, $4.82 V4; sight.-$4.86 ;
documentary, $4.82; transfers, tele
graphic, 4 per cent premium; sight, 1
peBf Cent premium.
New York Cotton Market.
Opening. High. Iow. Close.
Jan 1099 1101 .1090 lOOOftnil
May ...1125 ' IMS' 1123" 1185030
July ..1140 1145 113J 1137(&iSS
Aug. 1125 1127 1116 1119W20
Sept. 1093;
lOct. .1100 1102 1090 1090481
!pee, .......1104 1105 1092 1092Q93
E
(Special to Thi Jonrnal.)
Hillsboro, Or., April 29. Instead of
viewing the dead body a coroner's Jury
yesterday at Grecnburg returned a ver
dict of suicide In the case of Iva W.
Rogers while the victim still lived. The
verdict was returned at o'clock p. m.
and Rogers did not die until 9. The
law says the coroner-shall inquire Into
the death or wounding s.nd as death was
coTtain the hearing was notp ostponed.
Rogers was 20 years old and a son of
Charles Rogers. He consulted a Beaver,
ton dostor yesterday, but his ailment
was not series. Before going home -he
bought a box of cartridges at the store
of Cady & Co. At 1 o'clock two shots
were heard In an unoccupied cabin near,
his home and when it was entered he
was found on the floor with jl bullet
hole through the right temple.' No mo
tive for - the act is known and he ap
peared light hearted and cheerful while
t Beaverton. " He had typhoid fever
seven years ago. . " . ' - - . -;
Stocks, Bonds, Cotton, drain, Etc
810-817 Board of Trade Building. '
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
Members Chicago Board of Trad. .
Conspondnt of Loftii Bryan.
Chicago. Vtw York. '
J.C.WILS0N&C0.
MSKBEXS '
NEW TORK STOCK EXCHANGE
NEW TORK COTTON EXCHANGE
CHICAGO BOARD OB1 TRADE
THE STOCK AND BOND EXCHANGES
BAN FRANCISCO ; '
PORTLAND OFFICE
169 Oak St, Ground rioor, Ziewls Bldf.
Phonos Marshall 4180. A-4187.
TBAHSPOBTATIOB.
ANCHOR-LINE-
sTEAMsHips
Sail Krery Saturday to nil rrom
New York Londonderry (ilasgow
Ocean ra;e day. Mixleratw ratp.
, For B'x'k on Tonra, Knte. etr., i)pl to
HENDPRHON BROTHKUS
Keueral. Amenta, 1W N. I.Hnll' Nt., Cblrafa
., . Pit AA 1.UL Ai. Alj
UNO
PRE
QUOTED
WEST IS OVER
BEOS!
I ID DIE
0VERBECK&CO0KECO
DES MOINES TAX
LEVY REDUCED BY
COMMISSION PLAN
(Continued From Page1 One.)
graduallyjreduced. Commissioner Need
ham introduced the Somers system of
unit taxation whchvhas resulted in as
sessments oh all property values up to
the limit.
j ' "Assessments are made on 25 per
cent of the property valuation. . Under
liie new Byoiem me uaneDnuitriiLH hub
year will be made-on ' nearly $3,00,0,
000 additional property. . The total
values on property were increased near
ly $15,000,000 through Vomers' system.
Bleh Can't Bodge. -
"With this additional revenue Des
Molnes' taxation, it is predicted, wHl
be cut down at least 2 mills, which
will still meet the demands of present
and then .'glve'improvements that-would
not have been possible before the
Somers system ttvas ; Inaugurated.
"Some criticism may' be found "with
the Des Moines plan of commission gov
ernment, but certainly none that is Jus.
tifled on the financial conditions ; as
compared with the old system-. Not only
Is Des Moines enjoying improvements
never before known, but the-increased
assessments have made property values
Increase Iriimeasurably. A very small
majority of the richest property own
ers are against the new system,
"The installation of the Somers sys
tem of taxation is only .one of. the many
Improvements made possible' by the
commission form of government.' There
is less complaint over taxes now than
ever before.' '
For the first time In Des Moines his
tory, the rich man who dodges taxes
must pay his proportionate share. The
increased revenue will lower the taxes
ta the benefit of the small property
THE OWL DRUG COMPANY offer, for j.
public subscription 5000 shares of its 8 (eight) .
per cent Preferred, cumulative, non-assesaable
stock at its par value of $100.00 per share.
. The 8 interest on the Preferred shares is payable
January 1st and July 1st of each year. This stock is
a first charge on all assets and earnings of the corpor
ation. The Company has no bonded' indebtedness of
' any kind.
We particularly invite the attention of conserva
tive investors who appreciate a safe investment, yield- '
ing attractive returns, and in which' no speculative
element is present. , ,
For further information call at or write our
Home Office, 611 Mission Street, San Francisco, Cal.
The Owl Drug Co.
K. E. MILLER, President
Etahli.heo! 1892
FIRST NATIONAL BANK
V CAPITAL $1,500,000
SURPLUS $900,000
OLDEST -NATIONAL BANK WEST OF THE
ROCKY MOUNTAINS "
CORNER FIRST AND
LaddErTiltohBank
ESTABLISHED 1859 - r
Capital Stock - -
Surplus and Undivided
COMMERCIAL AND SAVINGS ACCOUNTS
Letters of credit, drafts and travelers' checks
issued, available in all parts of the world.
Corner Third and Washington S t r e e t s
V if f ml
TKAHSPO&TATIOir. TBAW SPCETATIOH.
- THE r
I'HiTE STAR
LIN
BXfRKSa 8TKAMJ&R8 FOR
San Francisco and Los Angeles
: SB. Boavor Balla 9 a. m., May X
88. Boar Sails a. m May 7.
Tho Baa PranoUoo k Portland 8. 8. Co.
Tick Of fleo 3d and Vui (with O..W,
. k BT. Co.) MarohaU 4500. A-6121.
COOS B AYLI1NJE
--wSteamer-Breakwaii
Ball from Alnaworth Dock, Portland, at 8 a.
m April 17. ti, 30, Mar 6, 10, 15, 30, 25, 30,
and thereafter ererjr ' flro day it 8 a. m.
Freltbt rfcl1 until B p. ro., except day
prevloua to (ailing: prarlou day, 4. p. in.
I'aaaenKnr (are drat claa $10, wound rlaa ;,
IncliHllnir berth and Dieala. . Ticket office al
Alnswortt dock. Portland A Ohi Kay Kteam
ahin I.lne.' U U. Jieotluj, agcnU.Maltr tioo:
owner, while the heavy properly own
er will pay more taxes, but not so finn-li
accordingly ah lie wouhi ' have paM
should the rate remain as it is now.1
No one can Higue that taxes Imve been
increased iti Des Moines and buse their
arguments on any tangible facts." .
PUBLIC DOCK SUIT
(8lem Burean of The Tnnrnil.t
Salem. Or.i April 29. City Attornev
Grant of Portland secured an order
from the chief . Justice of the supremo
court today advancing the case of the
Pacific Milling & Klevator company
against the city of Portland on the cal
endar so it vAll be heard as soon as the
court returns from Its visit to Pendle
ton, where it will convene- court next;
week. The case will be heard in June,
and likely Will, be the, first to be argued
before the full court of seven members.
This case Involves the tltla to the;
land along the Willa.rhctte river at' Port
land between high arid low water marks.
The plaintiffs brought suit to enjoin
the city from putting In piers In prepar
ation for building its public docks un
less the company" was compensated for
the submerged lands. The company won
in the lower court. ' r : '
Protest Any Exemptions.
(Washington Bureau of the Journal.)
Washington, April , 29. Many tele
grams and letters' are heing received by
both senators against the exemption
of any class of citizens from the opera
tion of the Sherman law, as proposed
In the sundry civil bill, - -
WASHINGTON STREETS
- $1,000,000.00
Profits $1,000,000.00
t1
- FITTED WITH
DOUBLE SIDES
AND ADDITIONAL "
WATERTIGHT BULKHEADS
EXTENDING FROM THE
BOnOMIottieTOP
OP THE VESSEL
Will SaU rrom Now Tork ,
MAY 3 MAY l
and B(rnlarly Thoreaftor
I kv E. DUny, Pm. At., 619 8d t., Vain
Stwmahip Agant.
STEAMER HASSAL0
for Astoria ,
Eoavoa' Portland 30 PV- U.
dally, oxcept Saturdar.
Xeavea latorla lOsOO A. M.
' daily oxoet Sunday.
Oat Ticket Aih-Stroet .pook or City
Tiokot Offlco, Third and Washington.
8 AN FRANCISCO, LOS ANGELES
AND SAX DIKGO DIRECT
GETS EARLY HEARNIG
OLYMPIC
W
ay
North Pacific S.S. Co. ,
S. 8. ROANOKE and S. S. ELDER
tall Erery Wedneaday, alternately, at A p.- .
Tltket offle - m-A Third 8U. na AMr.
I'hone Main IU; A-1314.
MAKUN J. HI'it.KV, Taa. Aot. '
t ,n . U. BLUbaDtt. Freight Agapt,
- -7 -.T",-.y. .: