THE OREGON DAILY JOURNAL', PORTLAND, THURSDAY EVENING, MAV e, IS a.
hcl'ESS'lllEGGSIS
.SOLBLYTHEV
MCE
.Ire In a Position lo Dictate Values
at Present and Are DoJng It;
Surplus (her Fresh Demand Must
CJo Into Storage. v
Today's Produce Trade,
T.gga are uncnanged.
Kmall broilers weaker.
Cheese holds firm.
Butter market steady."
Asparagus rules easier.
Strawberries are weak. .
Cherry prices easier. ,
Wool buying retarded. '
Hop outlook better.
'
M'hile victory in" the present Instance
seems assured to the big Interests who
are beating down the price of eggs here,
it ts a very big question as to how long
their methods will succeed. There is
every present Indication that they will
be able to force the price of eggs lower
than at present, but there Is a like
allowing that this victory will be ot
short duration.
i;gg market prices here are In reality
the weakest along the Pacific, coast.
There Is no excuse for this, as the pro
duction Is really not so heavy as to
cause disaster..! The situation is entire
Iv the making of storage Interests and
shippers and sellers are but pawns in
the game. Neither Is in a position at
the present time to help himself, for
the storage Interests control the greater
portion of the -present demand. The
egg,, of which there is a surplus over
freh consumptive demand, must even
tually go- into storage. That Is the
reason why the ice house Interests are
o sure of their present position.
' Kven though there Is a strong proba-
. : hllity- tuat-the ..price ot .eggs .will.' not,
be weak for an extended period, caution
must be used by country lBtereHts in
making their shipments. Holdln-back
ut supplies only aggravates the situa
tion and furslshes fresh ammunition
for the storage Interests when the sup
piles eventually come forward, as they
must. ' , -
CHEESE SUPPLIES SHORT
An extreme shortage of cheese Is
shown In the- local market. Handlers
are unable to secure sufficient stocks
lor their Increasing orders. No change
U shown in values but prices are very
nrin.
MORE CHERRIES ARRIVE
Receipts of cherries from California
are increasing and the bulk of the sales
of best quality are being made at $1,8'J"
per jo-pound box. Home duik siock is
ai riving but this Is not meeting with an
extensive demand.
ASPARAGUS EASING OFF
Market for asparagus Is somewhat
easier with prices lower. Sales of tall
Kre-n grass, were made yesterday up to
1 a dozen, but today the extreme top
is SOc snd some sales are reported down
to Tic for similar quality.
SMALL BROILERS ARE WEAK
While there is quite a fair demand
for large sized broilers in the chicken
market, supplies averaging around one
pound each are hard to sell with the
price lower generally. General chicken
market "Is , slow at yesterday's quota
tions. VEAL SLIGHTLY EASIER
: While no general change was made in
the: price of veal calves today, somi
receivers reported shading prices about
a half cent. Hales are being mado to
day for best at 14'4g15c a pound. ...
v Country killed hogs are firm at previ
ous figures. .'.,',;.:-',.'.'.",;
POOR STRAWBERRIES DRAG
Rome Los Angeles strawberries which
are said to have been held In storage
here are showing a very poor demand
owing to lack of suitable quality. Dol
lars are slightly easier from $2.00 to
$2.25 per la-pound crate but Jessies are
weak with sales from $1.00 to $1.50
todav . . ,,.,,. ,.,
FORECAST FOR SHIPPERS
Weather bureau sends the following
notice' to shippers:
Protect shipments as far north as Se
attle against minimum temperatures of
about 44 degrees: northeast to Spokane.
44 degrees: southeast to Boise, 40 de
grees; south to Siskiyou. 36 degrees.
Minimum temperature at Portland to
night, about 46 degrees.
PORTLAND JOBBIIW3 PRICES
These price art those at which wholesalers
tell n retailers, except otherwise stated:
BUTTER Nominal. City creamery, cubet
and tubs, sc; prints, 20 4129 Vic; statt creamerr
' 5c 1h,; dairy. 2.V.
EGGS Nominal. Candled local extras. 2c
rase count, ISc: spot buying price, , log's off
. lc f. o. b. Portland. - - '
LIVE POULTRY Hcna. lflc: broiler
?7'A03Oc lb.; ttacs. 11c: giese, 12'.(jc- Pckln
ducks 1820c: Indian linn tiers, ISc: turkers
. 2V; dressed, 23(g25c; pigeons, old, $1; young'
II. HO dozen.
CHEESE Nominal. Freah Oregon fancy fnll
eream twins and trlpleta, 16Hc; dalalea, 17C
l'onnt America, ISc. '
BUTTER FAT Producers' price for Portland
delivery, per lb., 2t.c.
JFnilti and Veretablca.
FRESH FRUITS New narel orancea
' I4.2504.5Ol bananaa. KM t Hi,; lemons, tid
, 7.M; lime, ?1 per 100: grajiefruit. Callforul.
I3.0(X&3.SO; Klorlda. 4.50(&5.50; pineapplea hi
lb.; neara ( ) box: Persian dntea, 7Uffl8r.
- arrawlierrlea. California berries, Iiai.SJ M, ,i
lb. b.; Dollar.. 2ft2.2.V ' Vr .3
... - APl'LES fcating apples, 60c42$l.B0; cookln.
applea, 50e a boit. ' wlnI
POTATOES helling price: Extra choice B0"
, ehoice, 40c; ordinary, 30c per aaok; b'urlnc
price, eai'loada. 25c country loint: aweeta
I4.'O'0,f per cental; new rHitatoei, ZriTp
ONIONS S0& 90c, AasoclaUon aellluc nrl
. S5e70c tr cental, f. o. h. aclllng p0im- JJu.
iv,sc; new onlona. tl091.75. uc
VEGETABLES Turnipa. 73c; beeta 75c- nrw
rarrota Sic down bunebca; paranlpa. Js,. 'aark
eabbae. 2.503: Klorlda toaiatw, box ti 50'
.. Mexican hilts ( ); green onlona 12Vaiv
flown trancbea; peppers, bell 80c; heart Im
' tare. $2.60 crate; ---.-r, 1 doi(.n $i
per crate; epg pUnt. 2.V lb.; cauliflower T)
$1.00 per doaen; rbnbarb, local l2c- ,t
, rhokea, $1.15 down; apronta. 10e lb.; uaDa'ran"
. R(jj7c lb.; apinach. local, 8c lb.; Walla, Walla
box; p. Tc. "'
- Maata, Tiih and Provlatena.
'CRESSEIi MEATS Country klllert- nn,.
fancy, HH12c; ordinary. llifinv.c; rmfcl.
and lieafy. Ok; fancy Teals. Hy. lr.c" n'rriin.rv
t. 7'fl8c; ala. -Ma4e: lK-cf. bfalU- '
HAttB, ACN. 'TC-Hama. laaaou,.
breakfaat bacon, 17(g27c; boiled baa 1 S :
. irfrnlea, 12: cotlage, 18c. ' ,vc'
MKATB Packlnr Jiouae Steera, No. 1 atock
1S13H: cowa. No. 1 stork, 12V(jl2Uc: ewala'
. 13ic; wtthera, 14c; yearUng lamoa. 16C:
1 ' pork Mat, 30c. .. 71 '
UKD-Tlerrea, !44e: comoound tlercca in,
OVSTERS Sboalwatar bay. per rallon-V-T"
per tOO lb. sack -; Olympia. , .a'u '
S S5; Per 100 lb. aack. 0; canned. ewirS
t ci: $8.50 down; eaaterd," In bell. SI 7.V,
$2 ner 100; ramr flm, $24t2.25 box. ''.JV
. FISH -Morotnl, Rock cod. lot lb.; dressed
floundarm, 7e; halibut, 7eUr; striped hats.
SHIPMENTS WANTED OF
nr prb todays," Eka le dot.,- case eouht.
Tn. b. Portland, no ommlalon: cblrkena l.W.
. Jc: " atwinga, .V; fadoy iork. tlccwli'c;
pl., 4"ancf .-I4r ISc;'- A per -nt coinmisslou on
'-' tutu "d poultry. Prompt piyment. 1
' ' ' 1VBY ft CO.,'
. .- JQT front 6t.. Portland, Or. . .
, AmU $40,000.00.
IK Or
HOUSE
INTERESTS
BREWERS NOT MUCH
El
Any Considerable Demand for Old
Stock Would Dull Market for
Contracts and This Is What Deer
Men Would Avoid.
Hop conditions are extremely Quiet at
all world's centers. There seems to be
little Inclination among brewing Inter
lestx or the United Htates to take on
additional supplies except when shnded
vhiups are inuicateo, nut rew noiuers
are willing to concede anything at the
moment
Further Increases are shown in the
consumption of beer in the United States
and the outlook for the hop trada solely
on this Bcore, is somewhat better, al
though brewlsg interesis are not show
ing their hand to any extent. For
March the internal' revenue department
shows beer sales of the United States at
4.731.031 barrels compared with 4.333.
7)8 barrels for the same month Id 1912,
an increase or 3 7.3 13 barrels.
The Increase in the output of beer at
roreign points is correspondingly in
creased and with stocks of old hopa ex
ceedingly light tha outlook is somewhat
improved.
One real reason for the present stag
nation and dullness in tne spot hop
trade Is the smal amount or stocK avail
able. The holdings are so limited that
brewing ntorests have come to the con
clusion that they had better keep their
nanos off so as to Keep the price or
contracts to a low oasis. Any consul'
erable demand indicated at thlH time for
spot goods would have a bullish effect
unon contract delivery.
A late ew Torn mall advice sava or
th genera situation: Bales.
Receipts for week , 386
Receipts alnce Sept. 1 98,780
Receipts same tlmo last yean. . ...76,917
Kxoorts 'to- Kurotm ror , week
Exports from Sept 1 . . . , .55.298
Kx ports same time last year 49,245
imports ror weeK
Imports from-Sept. 1 .13,408
Imnortav asms tlm laat ysar 4,295
our local market remains in an in
active condition. Brewers seem dlsln
clined to add to their stoeks to any ex
tent: and while dealers are generally dls
posed to ask about late prices we hear of
occasional snaaing wnen business win
result. i
It seems very probable that trade will
drag along for some time unless some
thing happens to the growing crop. This
week the weather has been fine' and
from all sections come reports or satis
factory growth of the vine. New York
state Is backward, but this will be over
come if the weather continues favorable.
Preparations are being made for liberal
spraying this season and It is hoped that
the enemies of the hop vine will be held
In check. '
"No business of consequence has
transpired in fhe Interior, except that in
California a few contracts for the' 1913
crop have been made at 12 Si 13c' i :
."Few York hop prices per pound:
State, 1912, prime to choice. .... .21P52
State, 1912, medium to good. .. . , .16W20
State. 1912, common 1315
State. 1911 r.. 10S14
Pacific Coast, 1912. prime to
.choice'-. .1819
Pacific Coast, 1912, medium to
good 150917
Pacific Coast, 1912, cemmon. . . . . .13014
Pacific Coast, 1911 11 (HI 4
Pacific Coast, older growths 8ift10
Impprted, 1912 4348
Lf. S. REPORT IS BEARISH
Chicago Starts With Rise but Closes
With a Net Loss for the
Session Today.
Chicago, aray 8. -The government
crop report today showing the condition
of winter wheat at 91.9 per cent gave
tlie market a bearish session with a
closing loss of 14 to a bushel. ' ,
- There was a small display of bullish
ness at -the opening and both May and
lulv were mirier, but this was the h th
mark for'the day and selling pressure
soon followed,
Broomtiall cabled from Liverpool that
yesterday's strength in America and
steadiness in Winnipeg caused moder
ate covering at the opening and values
were d higher. Following the opening,
May declined va with lack or support,
while July and October advanced Vs- to
?d on expectations of small Argentina
shipments. Manitoba offers were firmer
with a somewhat improved demand rrom
the continent. The advance was checked
byi expectation of a bearish American
government report. At i:u p. m. the
market was steady, unchanged to
higher from yesterday.
Range of Chicago prices furnished bv
Overbeck A- Cooke Co., 216-217 Board of
Trade building. -
WHEAT.
) TO BUY SPOT
HOPS GENERALLY NOW
Open. High. Low. Close.
Mav .... 8f)i 89', 88 88i
Julv .... 89ty 89, 89 89
Sept 811 89,4 88 i 88f
CORN.
Mav .... "54i 6 5 ',4 04 '65'iH
Julv B5lS B onH 65 B
Sept 66 66i 66 56 A
OATS.
May .... 35 35j 35ii 35UB
Julv 344 35 34"S, 34'iA
Sept, .... 34 T 35 34 34 i
roitK. "
Mnv ,...1?12 1927 1912 1925
Julv ....1925 1932 1920 3930
Sept, ....1902 1912 1902 1912
, LAItD.
Mav ....1090 1095 1090 1095
Julv 1075 1 080 1075 1077
Sept. .1075 1082 1075 1080
RIBS'.
Mav ....1135 1160 1135 1150 A
Julv 1095 1097 1092 1097
Sept 1077 1085 1077 1085
COc; catfish. 12c; cblnook aaljaon. 11c; steel-
ilieads sc tb.; soles 7c lb.; stirlmpa, 12'c;
perch. Sc lb.; tunicod 8c lb.; lobnfers, 20c lb.;
blsck bass. 20c; silver melt, 8c; uliaU 5"c: black
tod. 8c; sturRCon, 12c lb.
- Hopa Wool and Hide.
HOI'S Producer' price. 1912, 1418c, according-
to quality ; 1913 contracts, 14c.
WOOL Nominal. 1&13 clip. Willamette
ley. conraa. Cotawold, 18c 'b. : medluin Hhmn.
hire, 19c; choice, fancy lots. 20c lb.; eastern
Oregon. 14 4 17c, according to shrink nge.
CHlliiM ok 1. a csv A it a bakk 1812 nomin
al, car lots. 5c; less car lots 6c lb.; lull bark
csr lota. BiU'S'ji'; lesa car Iota Be lb.
HlDES-bry bides, 21af22c lb.; sreen. lie:
suited bides, I3e; bulla, green salt. 9c; ktns.
1214c; calves, dry, X)c; calf aklna, salted
or green, IKflilc; green bides, ltjlftc leu
tban salted; sbeep pelts, aalted. 6&c(aI1.10:
dry, '13c lb.
MOIIAIU 1813 NOBlnat 32B34C.
Orooerlsa.
SUGAR Cube, $5.56; powdered. $5.40; fruit
or berry a.;s; iter. i.-)i; dry granulated,
S5.15: 1 yellow, $1.15. (Abort uuotatlona r.
'M days net cash.)
K1CE Japan style. No. 1. BHQSc; No. 2
4',4c; New Orleans, head. 61c; Creole, Be.
SALT Coarse, half grounds lOOg, 110 ner
ton; 50 $10.75; table dairy ISO $18; 10.
$17.50'; bales. $2.25; extra fine barrel. 2s, 6
and 10a, $5.25B.OO; Jump rock. $20.60 per too.
I1EANS Small white, 6Wc; large wbite, 644c
piuk, 4ic; bayou. 44c: limatrMc; reda, 0e.
rainta, boat un, ttc - ,
WfUTH LEAD Toa lota, 8c per lb.: 500 lb.
lots, 6c per lb.; less lots, 8 c per lb. .
OIL MEAL Carload lot, 33,
TURPENTINlf In cae, 73c: wood barrela.
70c; Iron barrel 60c per gallon; 10 ca lota,
72c.
LINSEED OIL Raw. bbi., B8c per gal. j ket
tla boiled, bbls. 60c sal.; raw casea. 63c; boiled
caaes. 65c gal.; lot of 250 callous lc leaf:
ell cak meal, $44 per ton.
New York Cotton Market.
Open. High. I,ow. Close.
Meh. i...
May . .
1112
1143
.1'. V .
1151
1131.
1108
1103
1101
1112
11,43
ii3
1132
1106
11U4.. 11050fl
1138 1142-d 43
June .
July ....
1149& 51
115253
U303l
1104&A6
1144
1125
-1094
Aug. . ...
Sept.
K't. .,
lec ...
10H79li
1106 1096 1 1093
Hill
HOG TRADE iS EASIER
WITH PRICES
E THE EAST
General market Is Down Ahout a
Nickel at North Portland; Cattle
and Sheep Still Continue to Show
Considerable Strength.
Today's Uv.itock Market.
North Portland Hogs easier;
cattle and sheep firm.
Chicago Hogs lower; cattle
weak; sheep steady.
Kansas .City Hogs lower,
cattle steady; sheep Steady! to.
easy,- . ,- -.
" South Omaha 'Hogs, cattle
and sheep lower.
4
' CATTLE BXX.Ii HZQHEX,
late today ; salas of cattle wars mads
at North Portland at an advance of 15c
to 30o over previous quotations. Boms
slsct Idaho stuff sold at S8.50 la tha
steer division, while a fins bunch of
Montana stuff wsnt at $8.40. Ths
strength displayed was tb best vr
known linos tha local yards were sstab-
llshed. .
TOHTLAND LIVKSTOCK RUN.
LOCALLY
ABOV
Hogs Cattle Calves Sheen
., 3S8 lf.5 .... 613
.. SIS'". 60 .... 3U9
.. 163 321 .... 234
..929 644 .20 190(5
..149 .... 8 985
.. 909 140 .... 3101
.. 387 32 6 149
.. 387 67 14 2.14
. . 227 S49 9 253
Thursday
Wednesday , .
Tuesday , . . .
Monday
Saturday ....
Friday ..
Week ago ... . .
Year ago ....
Two years ago
The market for hogs was fractional!
easier at North .Portland for the uay
and the trade In general can be consid
ered a nickel lower than the first ot
the week. Ther was only a small run
In the yards over night, totals being
388 head compared with none a week
ago, 387 a year ago and 227 two years
ago for this same day.
conditions in me nog traae easr.or
the nockles were generally weaker with
losses In orice at most points. At Chi
cago there was a loss of a nickel durinj"
the day..
Kansas Cltv hog market was also
down a nickel from yesterday.
couth Omaha hoa- trade was down n
like amount.
North Portland hoar ranee:
Best light , $9.009.05
west neavy 8.90faS.95
Medium light 8.959.00
Rough and heavy 7.95)8.00
- Cattls Continue Plrm. "''-
Continued firm uuotattons ara shown
in the cattle trade at North Portland.
mere was only a small run during the
24 hours. Some of the arrivals of yes
terday afternoon wero sold immediately,
therefore are listed today under yes
terday's sales.
The high mark of the cattle trado
seems about realized for the present
season, although efforts are being made
in some ouarters to force values hlirheii'.
Two loads again came forward from
Montana.
At Chicano there was a- weak tonn In
the cattle trade with no change in prices
for the day.
Kansas City cattle trad was steady
to easy at former values.
etoutn Omaha tattle were slow and
lower In price.
North Portland cattle ranae:
Heavy feed steers $8.30 8.35
Choice- steers ,, 8.1508.25
Common steers 7.76 7.85
Fancy steera 7.75
Fancy cows 7.40
Ordinary-light calves 7.25
Fancy light calves 8.75
Heavy calves . ., 6.00 6.50
Best bulls ................... 6.60
Ordinary hulls 4.504.75
Ko tThanffs in Mutton.
There was no change in the mutton
situation at North Portland for the day.
Receipts were fair, but some of tlie
stuff was of exceedingly poor quality.
Good stork in scarce, therefore most of
the selling recently has not been a thor
ough test of conditions or prices.
At Chicago there was a steady tone in
the sheep trade for the day.
Kansas City sheep trade was steady to
firm.
South Omaha sheep market showed
another weak spell with a loss of 15c to
25c for the day.
North Portland mutton price range:
Spring lambs
. $8.50 i&'i 8.75
Yearling lumbs . .
Ordinary wethers
Old wethers
Fancy ewes
Ordinary ewes . .
7.107.25
7.00
6.50
6.256,50
6.0li)6.2b
Today's Livestock Shippers.
Hogs Arlington Lumber company,
Condon. 1 load; W. B. Kurtz. St. An
thony. Idaho, 1 load; Walla W'alla Meat
company, Walla Walla, Wash., 1 load.
Mix-ed stuff T. Kopplin, Plainview,
1 load hogs and sheep; G. E. Bennett,
Madras, 1 load hogs and sheep.
Cattle J. M. Barry, Red Bluff, Cal.,
1 load; J. K. Blake, Minida, Mont., 2
loads; J. S. .loslin, Idaho Falls, Idaho. 1
load: W. B. Kurtz. St.' Anthony, Idaho,
2 loads.
Sheep and lambs B. H. Kiser, -McCoy.
1 load; T. P. Patton, Halsey, '1
loads.
Wtdaeaday Aftarnooa Bales. ''
HTEKKS.
Section No. Atr, I,ls. ' Price.
Oreguu :i0 107H S.o0
tows.
... 1
... ;t
California
California
California
1270
K!M
11S5
118.,
$7.7.1
7.n
7.(K)
0.75
California
BULLS.
..... 4
lii
t
HOGS.
74
1H
11
3
4
Oregon
Oregon
1442
l.Vfi
13K7
14UO
ll.-,
U'll
2B4
340
2-0
332
t.2.-
tl.l;0
tl.OO
5.1X1
tM
B.iiO
S.O.I
s.no
8.00
8.CK)
00
. R .O
fi.OC
$1.2.",
0.2,1
0.1 U
1.00
California ..
California ..
Wash Ine I on
Washington
Oregon
Orejron . . . .
Orecon
Oregon
Vt aaumgtou.
8PRIXO LAMBS.
Oreeon . . . .
On-u-on .....
Oregon
Oregon
( iregnn
Oregon
Oregon . . . .
.,..,.100 47
:... mi - r.i
...at 40
WETHKUS.
241 fiR
:!! 112
; ("ill K0
EWES.
2 - 150
Thursday Morning Salts.
HOGS.
Section-
No. Avr. J Mi
Price.
.IS)
Il.fHI
S.jl
s.oo
S.00
18.00
S.50
S.40
S.40
8.40
S.40
S.OO
S.Ofl
. 7.7,1
7.7,1
7.00
$7.2,1
7.2",
7.25
fi.00
fl.Oi)
5.00
$8.50
Oregon . . .
Oregon . . , .
71
170
7
2
.1 -
fi
SI'UINy LAMBS.
88
STEERS.
12 V,
::::::::::2o
.2.-.
1
...... "2
. y. . . '. "s
4
2
:..;.. l
cows.
1S1
H4
33(1
Oregon . . . .
Oregon ...i
Oregon ....
Oregon ....
01
111.1
1(iO
Km
1120
l:MW
1027
iili)
71
HW7
1115
1W
017
NH
11. VI
KISO
04.1 .
1120
', 180
Idaho .....
....
Montana ..
Monlun ...
Idaho
T-ImIio .....
Montana .
Idaho ....
Idaho ....
Montana .
Montana .
Idaho , . ,
Idabo ....
Idaho ....
Montana .
Mouttna .
Montana .
i-.
........... 3
...... 1
.......... fl
2
. CALVES.
.......... 1
Idaho
IdabO
2213
$0.00
STAGS.
1
1010 $7.50
t The number; -if wage earners in the
automobile Industry in the United
Stales Is 75,721.
Jill INTERESTS NOi
CONTROLLING FLEECE
E
Holding Purchases Down to Mini
mum in Order to Influence Price
in .til American Markets; Foreign
Situation Is Strong.
My Hyman If. Cohen.
Continued depression Is being; forced
In the wool and mohair trade by eastern
mill interests, who seem determined
opon their course of forcing American
sheep Owners to bow to their will. .
Purchases of wool are being held
back, to the last notch in an effort to
force additional dullness and subsequent
weakness inx the trade. Sales of -wool
at coast centers' have been unusually
light for this period of the year; in fact,
at some Pacific northwest points there
has not been a sufficient amount of
business passing recently to firmly es
tablish, quotations. ,
This weakness is shown In the face
of the fact that late advices from the
east indicate that buying orders for
clothing for fall delivery are up to tho
average, and that prices paid are show
ing practically no change from those
made previous tn the beating down of
fleece values. The weakness In the
wool trade is not confined to the Pacific,
slope, but is general throughout the
country.
Latest advices from London are to
the effect that the wool trade there Is
firm at full prices formerly paid. At a
late ' sale there of 13.304 bales, which
consisted principally of cross-breeds,
trading was excellent, tha lots lelng
quickly sold to the home trade and the
continent at firm prices. Germany took
the bulk of the Iiinta Argnas offered
at prices ranging from unchanged to 6
per cent lower. Today's sales follow:
New South Wales. 900 bales; scoured,
Is 3d to 2s d; greasy, 7Vfcd to Is 3d.
Queensland,' 600 bales; scoured, Is 4d
to 2s 4d; greasy ind to Is. Victoria,
400 bales; scoured. Is 6d to Is 10Vd;
freasy. sd to Is 3A. New Zealand,
000 bales; scoured, ltMid to Is d;
greasy. 6'4d to is 2Hd. Punta Arenas,
3400 bales; greasy, 7d to Is.
Renewal of Reduced Dividend Ru
mor Causes Selling; Most Se
curities Are Higher.
New York, May 8. Considerably
pressure was shown in Chesapeake &
uiiio shares today with a renewal of
the rumors that the dividend was to. be
lowered. The issue was one of the few
to snow a loss In price during tlie- ses
sion, most of the list being fractionally
higher than yesterday.
At the meeting of the Union Pacific
today, W. V. J5. Thorn was elected
vice president. He was also selcctevl
for the same office by the Oregon
Short Line and the O.-W. R. vt N. Mr,
Thorn was formerly head of tlie pur
chasing departments for these roads.
Regular dividends were declared to
day by both, the Union Pacific and
southern Pacific.
Range of New York nrlces fnrnlshpd
by Overbeck & Cooke Co., 216-217 Board
of Trade building.
DKSCBIP'flON
i npi-niHIahi U:ir ! Bid
malganiated Conner . . .
75
Oil
U
1
93
Xl
11
07
American Can pfd
American Loco., c
American Sugar, c
American Smelt,, c.....
03
34
Hi Mi
111
7
74
Am. Te . & Te
12s
Js
128 IA
Anaconda Mining Co....
asy,
1H1
Attnisou, c
Atrhtson, pfd
Bnltiniore 4 Ohio, c
Meet Sugar
Brookl.va.f.Rnnid Transit.
Canadian raelflc. c
Central Leather, e...... .
Chicago til. West. pfd..
Chicago, Mil. St. 1'...
Chicago & X. W., e
Chino Copper
Chesapeake & Ohio
Colorado l & I., c......
Consolidated Gas ......
Denver & Kio U., c
Erie. c.
mi-.
ill Vj
31
MM,
no
242
SO
242144041,
22
ixm 22
:to
107
12NW
107
107
ia(4
128,
3U
S4
K2
:
"4
:i2
12Wj
lawtt
120
iii-u,
2S'A
.14
28'4
.'WVa
2HVj
25 U,
14V
50 V
28
33 Vi
Great Northern, ore landsi
Great ftorthern, prd
Ice Securities .........
Inleniruun Met., e
Interurlwu Met., pfd
I-chlgh Valley
Missouri, Kan. & Tex., c
National Lead .........
Nevada Com
Ne- York Central
Norfolk tc Western. C...
Northern Pacific, e
Pae. Mall Steamship C
Pennsylvania Railway...
People'a !.. L. & C. Co.
Pressed Steel Car,, c....
Ray Cons. Copper
Reading, c
Republic Iron & Steel, c
RiHk Island, c
Rixk Island, pfil. ......
Soillhern Pacific, c
Southern Railway, c,...
Southern Kailway. pfd..
Toledo, St. L. & W., c.
Cnlon Pacific, c
United Stale Rubber, c.
I?. S. Steel Co.. c......
j. H. Steel Co., pfd.....
I..' tali Copper
Virginia Chemical
Wabash,
Wabash, pfd
127
12i
25 ty
14
Ti
no.
155 'i
155
25Ts,
47
Itl'A
23
47
10T.
4
li
100
105
114'A
10
10.1
114 4
2214
112U
114
22 j
112
22 V,
112
109 W;
lOHis
in'i
24
1H
24 '4
24'i
is.
18,
mi w
mi7
llil
2-i
20
:t:t
1(5 v.
24
77
2-'!
5i IV.
33 Vi
5",
24
77
a
23
'in
"'
24 'i.
7U h
14S
149
1'4
o:;H
03
OHVvj
r.n4
2S-
3
4
1W
28 4
3
Total aalea.2ai.4fHi shares.
Moucyl 2?i2 per cent.
OMAHA LIVESTOCK LOWER
Price Losses Are Shown in Cattle,
Hogs and Sheep in the Yards.
South Omaha, May 8. Cattle 2400,
market slow and lower. Steers. $8.10(
8.60; cows and heifers. $6.75 48.00. -
Hogs 9200, market Ec lower at $8.05
8.20.
Sheep 1900, market. 15 25c lower
Yeatiings,-$7.2n 7.50; wethers, $6.5'f
6.H0; lambs, $8.15H8".60; ewes, $6.25ij
6.50. ,
CHICAGO HOGS LOWER
Market Is Down" Nickel With Sonic
AVeakness Showing for Cattle.
Chicago, May 8. Hogs-r24,00n, lefi
over 3300; run year ago 16,000. Market
So lower. Mixed, $8.208.50: heavv,
$8.25fiS.4; rough, $8.05ii8.20 light,
$8.20J 8.50.
Cattle 3500. Market weak.
Sheep 15,000. Market steady.
KANSAS CITY LIVESTOCK
Kansas City. May 8. Hogs, 8000. Mar
ket c lower. Tops $8.40.
Cattle 3000. Market steady.
Soeep 13,000. Market steady
easier.
to
CITY EMPLOYES MUST
; GIVE REASON FOR LEAVE
Hereafter when city employes make a
request for a leave of absence they will
have to state their reasons for making
such request. This was decided upon by
the city civil, service commission to
day. "This Indiscriminate granting ' of
leaves of absence," said Commissioner
A. P. Armstrong, "la not good for the
municipal service.' We have granted
many of these leaves to persons who
would seek work elsewhere In the busy
seasons of the year and then drop lack
on the city payrolls during the dull sea
sons. By- doing this many other ellgl-
hlf. .liffo.ent pslttnna hi.v t.n
shut out or given only temporary work.
This la not fair."
The commission postponed considera
tion of a request of Patrolman- R. J.
Stack for a rehearing; Stack was dis
missed .last year on a charge of sleep
ing on bis beat. i
DEiNDAR
BEAR
C. SO. UNDER PRESSURE
CLUB WHEAT SALES
REPORTED HI 90 CIS.
Purcliuse Kejiorteri Roth for Milling
and Japanese Account; (Jenernl
Situation Here Is Strong; Coarse
(ruliis Are Firmer.
-
, ' Warm Wsathsr Weeded. :
''' By George Broomhull.
Liverpool, May 8. Jn United
Kingdom rain continues. Warm :
4f and dry weather Is wanted for
4 the winter crop and also the
4 .seeding of spring grain. ,
'. -
4 4 4
GOVERNMENT CBOP REPORT,
Winter wheat condition S1.9 pr osnt.
Abandoned acreage winter wheat, 4.5
ptr cent. .'.-,.
Abandoned acreage, 938,000 acres, or
16.4 per cent, 4,376,000 sorts.
Left for harvest, 4,667,000 aorss mors
than last harvest - -
. Winter whtat condition represents av
erage yield of 16.6 bushels on sstlmatsd
acreage of 013,571,000 acres.
Condition of winter whtat represents
yield of 38.4 ptr cent mora tban 1912,
19.3 per otnt mors than 1911, and 18.3
per osnt mors than 1910.
FOREIGN WHEAT MARKETS.
Liverpool Wheat closed V4d to- 'id
higher.
Buenos Ayres Wheat closed un
changed. Berlin Wheat closed lMiC lower.
Budapest Wheat closed 'c higher.
Antwerp Wheat closed unchanged to
c lower.
Pails Wheat closed weak and lower.
PORTLAND GRAIN RECEIPTS.
Wheat. Barley, Flour. Oats. Hay.
Monday
Tuesday
Wed. ..
47
9
14
4
11
13
29
65
70
17
7 '
7
10
1
1091
370
13
'-7
10
10
9
14
. 2
1424
1493
11
Thurs. .
Yr. ago
season
to date 16,054
Yr.. ago.. 13,812
2221
2233
1950
2648
As high as 90c tidewater track basis
was paid for club wheat In the interior
yesterday, the purchase being made for
Puget sound account. In some Quarters
It is reported as a milling demand, , but
It is generally, understood that the busi
ness was for Japanese account, which is
forced to pay a fraction above the gen
eral market for its supplies. .
Offers of $1 a bushel basis for blue
stem were reported refused in the Big
Bend during the lust 24 hours. Holders
there are holding firm for 90c net which
really means $1.02 per bushel here.
' ' Strength in the wheat trade here con
tinues notwithstanding the extreme
weakness that has been shown recently
at points east of the Rockies as well as
European points. California is eyeing
the local supply and there seems to be
no doubt that some business will de
velop from there within a short time.
Coarse grain markets continue very
firm. Bids for No. 1 'white oats are
running as high as $30.5031.00 a ton,
although some state that they are buy
ing below this.
Barley bids are ranging firm at $25.75"
26.00 per ton for No. 1 feed with
brewing at $27.00 generally.
Millstuffs are firmer with some again
asking a further advance in the price.
WHEAT NominaWnroducers' price,
track basis: Club, 88 H 89c; milling
blflestem, 9c$$l; red Russian. 8788c;
fortyfold, 9Jo91c; Turkey red, 8992c;
Willamette Valley. 9091c.
BARLEY Nominal, producers' prices,
track basis: Feed, $25.75fj26.00; brew
ing, $27.00: rolled. $27.60.
OATS-i-No. 1 feed, $80S1; milling,
$31. per ton.
FLOUR-Selllng price; Patent, $4.70;
Willamette valley, $4.70; local straight,
$3.85(6)4.10; export, $3.85 3.95; bakers,
$4.604.75.
HAY Producers' prices; Willamette
valley timothy, fancy, $15; ordinary, $11
12; eastern Oregon-Idaho fancy tim
othy. $16Co317; alfalfa, $11.50rd)12.o0;
vetch and oats, $9bMl; cheat, $911;
clover, $8f?9 per ton.
MILLSTUFFS Selling price: Bran,
J24ta)24.50;. middlings, $31; shorts, 26
26.50 per ton.
GRAIN BAGS No. 1 Calcutta, 9c.
NORTHWEST BANK STATEMENT
Portland Banks.
Clearings.
This week. Year ago.
..$2,077,712.45 $2,167,433771
.. 1,868,770,74 2,143,742.29
Thurs.- . . .
Wed. . 1 . . .
Tues.
Mon, .
1,837,508.85
2,240,698.50
2,421.634.31
2,514,549.72
Week to date. $7,91 4.690.54 $9,247,360.03
Taooma Banks.
Clearings today $ 429,732.00
Balances today 45,396.00
Seattle Banks.
Clearings today . $2,071,459.00
Balances today 184,672.00
Money and Exchange.
London, May 8. Consols, 75; silver,
27 11-16. Bank rate. 4V6 per cent.
New York, May 8. Sterling exchange,
long, 4.84: fcterllnsr exchange, ..short,
4.87. Silver bullion, 60c.
San Francisco, May 8. Sterling ex
change, 60 days, 4.82; sterling ex
change, sight, 4.86; sterling exchanga,
doc, 4.8H4; transfers., telghc, 2 per
cent premium; sight, par,
San Francisco Grain Calls.
. San Francisco May 8. Grain calls:
BARLEY.
Open Close
May v 160 161
Dec 148 147
WHEAT
North May ..157A 157A
- OATS. - ;--'-
North Dec 170 A 170A
J.G.WILS0N&C0.
MSHBSX8
NEW TORK STOCK EXCHANGE
NEW YORK COTTON EXCHANGE,
CHICAGO BOARD OF TRADE
THE STOCK AND BOND EXCHANGES
SAN FRANCISCO
PORTLAND OFFICE
(69 Oak St.. Ground Floor, Lewis Bldff.
Phones Marshall 4120, A-41S7.
Stocks. Bonds, Cotton. Grain, Etu
B13-317 Board of Trade Building.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
Mtmbsrs Chicago Board of Trade.
Corrtipoodtnts of Xiogao ft Bryaa
Chicago. Sew York.
TBAKBPOBTATIOB.
STEAMER HASSALO
Lssvss Portland :30 P. IS.
dally, except Baturdt?,
Leaves Astoria 10 AO A. IS.
' v . dally sxctyt Sunday.
Ost. Tickets Ash-Street Bock or City
Ticket Of ties, Third and v Washington.
1 SOUND
DELIVERY
0VER6ECK&CO0KECO
iMiiAnrno' 'Arnnnmir
i ml HLnuriflht
AT
Tucson, Ariz.. May 8. Two aviators
are under arrest today and their aero
plane confiscated, following their cap
ture at a ranch 30 miles south of Tuc
son. XTnlted States Marshal Johnson,
who made the arrests, believes they
Intended an aerial attack on the city
of Ouaymas. Soiioia. llnon Which finnm-n
constitutionalists are advancing.
ine men gave their names as Meson
and . Smith, according to a telephone
message from the ranai. flnlh. nimAi
are believed to. be assumed. Both de-
l 1 -. I . . . . 4
men viguruusiy mey contemplated any
violation of neutrality laws.
urncers or the United Statevmarshcl
here admitted that the
made upon representations of the Mexl.
can government, but claim to knnw n.i
other details. -'
Theatres "Don't Want' Smoking.
London, May 8. Sir Arthur Winar
Plnero's proposal to allow smoking in
London theatres Is emphatically rejected
today by the West End theatre mana
gers. : .
CAPTURED
T SO
Successful men are usually
saving men
Think it over! Open an account today
With $1 or more and earn interest at
4. The most satisfactory savings ac
counts are those which are added to
consistently each month, even though
the amount saved be small.
Ladd&TiltonBarik
ESTABLISHED 1859
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 Streets
r,
FIRST NATIONAL BANK
CAPITAL $1,500,000
SURPLUS $900,000
OLDEST NATIONAL BANK WEST OF THE
ROCKY MOUNTAINS
CORNER FIRST AND WASHINGTON STREETS
TBABBPOBTATIOB
EXPRESS STEAMER FOB
San Francisco and Los Angeles
SB. no City Sails 9 a. m., May 13.
SS. Beaver Sails 9 a. nu. May 17. ,
The Baa Praaolsoo It Portland t). B. Co,
Tlcktt Of ties 3d and wash, (with O-W.
B, k H. Co.) Marshall 4600, A-61S1.
ANCHOR LINE
STEAMSHIPS
Sail Erery Saturday to and From
New York Londonderry Glasgow
Ocean Passage TU, daya. Moderate rates.
For Book on Tours, Kates, etc., apply to
HKNDKK.SON BROTHKKS
General' Agents. 35 West Kandnlph St., Chicaeo
OR ANY LOCAL AG K.ST
Leave Seattle, Wash.,
Midnigrht, Wtdntiday,
for
Victoria, VancouTtr,
Prince Buptrt, Qranby
Bay and Queen Charlotte
Islands.
ALTEBWATB
"PRINCE JOHN" AND "PRINCE ALBERT"
Leave Victoria every THURSDAY at 10:00 P. M and Vancouver every FRI.
DAY at 12 o'clock midnlKht. for QUEEN CHARLQTTR 1SLAND8 and local
points, after connecting with "S. S. PRINCE RUPERT, from SEATTLE on
Wednesday. . . . . . .
GRAND TRUNK PACIFIC RAILWAY :
Tassenger trains leave Prlnco Rupert Wednesday and Saturday at 10 A, M.
for New Haselton. B. C. (181 miles). Returning, leave New Hazelton Sunday
and Thursday at 9:45 A. M., arriving Prince Rupert at 6:00 P. M.
GRAND TRUNK RAILWAY SYSTEM
BOTTBBE-TBACX SOVTE.
Chicago to New York and other Atlantic seaports,- Through PULLMAN
STANDARD and TOURIST sleeping cars. . . -
DORSET B. SMITH, O. P. A., J. H. B0ROIS, Oentral Agent,
Phons Marshall 1979. i Passenger Department.
City Office 69 Pifth Street, Portland, Or.
AGENTS FOR ALL TRANS-ATLANTIC STEAMSHIP LINES
Ee-i
In-"
fitted with ) OUBLE SIDES
WATERTIGHT
thV-BOTTOMto-theTOPvLr
Will Sail from New York , .
May 24 -M June 14 JulyiS
WHITE STAR LINE, . . 9 BROADWAY, NEW YORK
A. E. Dlsnty Fut. Aft., 1119 2d art.. Main Fir,
MT. HOOD CLIMB TO
BE SHOWN ON SCREEN
Motion pictures of mountain climbers
on Mount Hood will be shown at Lin
coln high school auditorium tomorrow
night by the Mazamas. The film de
picts the Maazmas in action July I.',
1912. , ' -'
As a preliminary to the Oregon caves
outing to be held Decoration Jay and
succeeding days, th'j Mazamas will to
morrow night present a collection of
stereopttcon views of the caves, which
were set aside last year by President
Taft as the Oregon Caves national mon
ument Rodney L, Gllsan will lecturo'
on tho caves. F.dmund P. Sheldon, prejl.
dent of the Mazamas, will be chairman
of the meeting, and Frank Branch Riley
will be one of the speakers. --
The Oregon caves outing of the Ma
samas will bo taken under the auspices
of the Grants Pass Commercial club.
The Maiamas will leave Portland Thurs
day night, May 29, in a special car and
return Monday morning,' June 1.
Republicans Fight Davies.
(United Prest Leased Wlre.f
,' Washington,. May 8. Headed by Sen
ator BUrion or uniu, nepuuiican mem
bers of the senate today are fighting
the confirmation of Joseph K. Davies of
Wisconsin, nominated by President WiU
son to be-commissioner of corporations.
Hartman
Thompson B A UK
TOTTR TH AJIU STAXX BTS,
CS. OP COM. BIiDO,
'ifi;
- $1,000,000.00
Profits $1,000,000.00
IBABBPOBTATIOB.
fJa''SWtttSB,4MWtl,
SAN FRANCISCO, LOS ANGELES
AND SAN DIEGO DIRECT
North Pacific S. S. Co.
S. S. ROANOKE and S. 8. ELDER
Sail Eterr Wtdnctday, ilteraattly. at 0 p. a.
Tlcktt offlc, 123-A Tblrd Bt, Dtat Xldtr.
Phone Main 1814; A-U14.
MAKT1N J. HIOLBY. Pass. Aftat.
W. H. 8LD8SEB, Freight Aftat.
COOS BAYLINE
Steamer Breakwater "
Stilt from Atntworth Dock, Portland, at S a.
m April IT. 23, 80, Uay 5, 10. 15, 20, 29, 80,
and thereafter crery ... flTt dan at 8 a. m.
Frelsht recelvfd nntil 5 p. m., except day
previous to Mlllng; prtTlont day, 4. p, m.
Passenger fare first clasa $10, tteond rlssa $7.
including berth and mtalt. Tlcktt off let at
Alntwerth dock. Portland k Coot Bar Btetm
shlo Line. L. H. Keatlnf, agent.' Main 8000;
A-2HS2.
BPPECTZVB MARCH 86th, 1913.
$.S. Prince Rupert 'S.S. Prince George1
Leavs Stattlt, Wlih
Mldalg-ht, Sunday,
for
Viotorla, Vaaoonvtr, -Prince
Buptrt, Stewart
and Mas sett, B. C.
The White ! Star Line's
eras?
BULKHEADS
Star, Btattlt, or Local By, a 8, 8. Agents
1