The Oregon daily journal., May 21, 1913, Page 16, Image 16

IDE
I 15
THE ORI-GOfI DAILY JOURNAL. PORTLAND, WEDNESDAY EVENING, MAY 21,
LOCAL Sill
OFFERINGS INCREASE
HEAVILY UPON STREET
Over 100 Caws Arrive Daring HI
Hours mid .a greater Supply Is
KxmrtMl Within a Short". Time;
' Price Is Sliding.
Today's Froauo nnnu,
Kgg trade wtcuriy.
Chickens hold steady.
Htrafcberrles are. lower.
More gooHeberrIf s .come.
f.becee situation active.
tYe.tmery butler weuUi r.
ii
7
Salmon catch light.
Country meats dull.
Asparagus utoc short.
.
V Ui I, strawberries,. are nov coming
forward In very llbftal supply and tiij
, prli-e U sliding rapidly.. Sale were-re-
' ported t'.iW morning down to Xor
good rult. : .
Receipts of local berries during the
ant 24 hours were- fractionally more
than J00 cases of !4 pounds each. Sales
were made down to 3 and up to J3.MJ
during the period. Moat of the fruit
'ame forward from the Wllard-Rose-
: burg section, i
rsltfornla strawberries are in scant
upply along the street and latest sab
nf best offerings were reported at Sl.oO
per crate for 1 5s. -The-fruit Is coming
furvirri lii' falrlv trood shape but recen
advices, from the south Indicate that
t: raff have iolledmuch of Lie crop,
Two special wires were received here
from prominent California ".hipping In
terest. Both were of the opinion that
the "flush" period there had . been
" reached' and the volume of shipments
' -. would subside from tnis time lorwaru.
, Local strawberry crop is coming
along In excellent shape and few fears
r are nuw expressed for me output.
BUM
OF WOOL AT HOGS UP Ml III THE
POINTS IN THE PACIFIC NO. PORTLAND YARDS
NORTHWEST IS SMALL TOPS MOVE TO S8.35
o Oneral Ht'suinptlon of Opera.
lions Indicnlwl at this Time; Mill
IntereHta Would Force I'nder the
Free Trade Ilaabv ' V .
Another Hmall Run (Shown In the
Market Today and Jtuyera Are
Showing RIore Anxiety to Take
Hold of Offering.. 1
MOTJKTA1W HOMS 8 A LB.
(Niwliil In The Journal.)
Mountain Horns, Idaho, May 81. Tbs
Montgomery, Bluak k Co. wool sale at
Mountain Horns yesterday showed 18
buyers present.. The market was poor,
with 76,000 pounds sold. The highest
pries was 16o and the lowest 13Hc
Some rnnrfll slied deals are reported
in the wool .trade at-Paclflc Northwest
polnlR, but buying "has not been gen
rally resumed. Mill Interests are still
Milting oil the lid in an effort to force
values even beow the present' free trade
IMtHIS,
Foreign markets fos wool continue to
reflect aggressive strength with prices
well maintained, but In the American
markets extreme dullness continues on
no Atiuiins seaboard. A Boston mail
advice rayfc: .
conditions In the era board wool
market continue very much unsettled.
s - , Today's Hor Prices. :
' "" -,' Tops. , s
4 Chicago , $.75
Kansas City .............. 8.65
4 Honth Omaha .............. 8.415
4 North Portland
' -'
rORTLAND LIVESTOCK RUN.
Hogs. Cattle. Calves. Sheep,
184 .1 . . . 7 BJl!
218
675,
iHt
148
401
49
8
Wed
Tiles
M'onv -. ....
Sat
Friday . .
1 burs. ...
Week ago
Year, ago.
2 r. ago.
29u
. 181
.1743
. 100
. 415
. 213
. 416
. 409 :
. 218
' 8
4
is 5
19
828
16.it;
1917
363
653
1356
M6
On lot of ho2s broua-ht an advance
For the small tiuautltlcs of wool which I of a dime In the North Portland market
iiiaiiuim-iuicrs unve wiry are wining iu
ASPARAGl'S VERY SCARCE
Asparagus was scarcer in the Ideal
market today -than at any time since the
present season started.' There were no
ii m Tir.lt.. Mr-All
arrivals ai ku i rum .' u oiw
, local bunch stuff was nam to ootain
; CALIFORNIA STEAMER DELAYED
Regular produce shipments from the
, south which usually arrive by steamer
' on Friday will be a full -dav late this
'week on account of an accident to the
f steamer nose city m tne sopn.
t J)yo "TKAIXS of a-xXA?)
" Tliere will he two tfalnloads at ban
anas in the local market this week. One
! train is dilar here tomorrow and another
, Monday morning. Shipments are arriv
tng in excellent condition and demand
is Better at former values.
MORE GOOSEBERRIES ARRIVE
' Shipments of gooseberries to the
r- Front street market are Increasing.
j Local Btock is coming forward and as
this is generally of Wetter size than
outside shipments, it Is getting the pref
erence InJhe buying. Sales at 6c to 7c
; a pound", " . 1 -
. BUTTER MARKET WEAKEXIX(3
-Market for creamery butter Is weak
v enlng, but some of th "creameries are
i putting stock into storage in ah effort
- to maintain values.. An Improvement
Is shown in the demand for dairy and
! prices are fractionally better.
I COUNTRY MEATS. VERY DULL
Much dullness is shown In the local
. trnde for country killed meats today.'
- While prices are practically the same
, ns yesterday, some receivers fear that
-. they will not be able to clean up unless
prices are shaded. ReOipr. liberal. -..
I FORECAST FOR SHIPPERS
The weather bureau sends the follow.
. f Ing notice to shippers: .
1 Protect shipments as far north as
Seattle against minimum temperatures
of about 46 degrees! northeast to gpo
- iVmio. AZ degrees; southenst to Boise, 3fi
.rteerees; south to Slakiyou, 40 degrees.
.Minimum temperature at Portland to
night, about 46 degrees.
PORTLAXn JOBBING, PRICES
,. f Theee trim ttn tbone it which wbn'Mnler
ell ts retllfM. except otherwlsa ttttpd.
BITTER Nominal. City creamery YuiUa
, ; n1 tutw, 2se; print.. 20a20V4c; stat creamer?
, EGGS Nnnilnal. Canille'1 local pxtraa ia
. 21cj ce count, IS c; apot buying price lna
,u.ff. 1 Bqm'Ac f. n. h. Portland, ' frKe.
I.IVg 1 01 1.TKI Hcn, l.V; hrollera
,.i325c lt : (! He: Keeae, 124c: p.kln
M icki W320e: Initlaa Runners, 18c: tnrk.n
20c; dreaaed, 23Q25c; pigeow. old. $1; ,0Z'
' 1 .Ro ten. . . s.
CHEERK Nominal. Freab Ore-m fnBCT
rretm twin and triplets, 16c; dairies Ar.
. Vnnns Anierlcn 17c. ' ,3r-
' BUTTER FAT Producers'' price tor Portl.m
4ellTery, per lh.. He. rwtlanj
, Frulta and Terettbles. '
, FRESH KRU1T8 New natel oran.i
J M.855.0 baosnas. H4ie lb.; jemo,, 8
" T.&O: Hmen, t per 1: grapefruit, Calltornl.
' M.0O3.M; Klorlda. H aOQoJfr, plne.p" t
H.- pers ( - b"i PerMan-ifatey. 7 rrJ;
I strswberrlea, fallfornla Jemin. $1.23 Z.7,i
,1b. i-rate: Dollars, . fl.50 1.73; Oiinon i ii.
tier 24 lb-, erst. ' JM
. APPLES Eating apples. 75g.a; etmtin
POTiTOEbr-ewltlnt price; Extra choice 'iw..
. choice. 40c; ordinary, 80c per sack- b'nril
. price, csrkisds, 2ftc country point"; sw..5
3i4e per lb.; new iH.tatr,e, ;;m3i,. ;z"'
tM0N8.-80iP0e. Association selllnV ,,h.
.0B70r per cental. o. b '"eg-Mat; Sb!
hrUi price. $1.23: new rerla, garlic
hcrew onions. $1.501.T3. '
VEGETABLEb lurnlps, 75e; beeU 7Sc
u bh at HKl jIiM n
csbbage, I2.75Q3; Florid, tomatoes. iISMSi:
MeilcsBj iugs i-r-i; grfn ' anion. J9ji'r,:
doneu banches: rii-npera. Ml, 2f)fo r. .c
si
Mce, 92.25 crele; wbs-k,
l4
fllHKCn .
r. ner crate; etrr nlant. 2,'ic m .":.,.V ,,w
t t...nt M Miknn: fhi.l... ,.,.r."""r"rer.
. ' ' " ' .......... u,
icl 1R rinu.ll' uOpOnra It. Ik . L' nru.
1.23f( 1.50 dosen bunches; Walja Valla'l'fi
boi; i5lBcb, local, 3e lh.; pcan, QK.fa-;..' a
Hops Woel and Hides. '
HOPS Producers' prku, ia2, 1401a.
cording to quality; 191S contracts, uT
; WOOt-Nominsl. 1913 clip. Willamette ...
ley. coarse. Cotswold. 10c lb.; medium KhrIl
shire, lie; choice, fancy tots. 18c' lb e..E?r
Oregon llfflUc. accord log to shxlnksire
Hl-mtfOR CASCAHA BAK-3il c,
: lets, 5c; -less 'than cur loin. 4i,e. ' 1
zc -joy ,
en ilt.
.? r 7" ',-:. It.'i,: ""' so gin. n
.lieu aiuca ui, im, mwn u Of.
l.,l.-k!: wlresdry, 24aK-: csii .ii' ..VS
r grB, lBffllSc; green bides, le lPn ,i'.
'sailed; sbeep pelU. salted. SoftlniJ: jn
lufttile lb.
- MOHAIB 1919 Nominal S!33c.
' Meats. Fish and Prouions.
DRESSED MEATS Country .tek ii,,
.. fsncr. imei2e: ordinary. llBll-fce: rooth
and beayy, ; fancy reals,
mutton. ISiiNc; gouts, UU4t; -.eef, 9'rtlic
V IIAUM, JUCOif. ' ETC. Hams. Ittrjj 21 u,..
breskfast bacon," 17'i4iSS'j: boileu nam miL'.
picnic. l2Hc; cottage, ' IS 'ic t .
MKATa Packing bouae tiieera. Ko. ,(ork
14U'4e; cows. No. 1 stock, 1313c; eWes
UStr; etbers. lVe; yearling wmbs, i5uf."
. pork tolas. iWe. ' . nc'
LA R l Tierces lZc, ennipoand tierces Hc
lamEUS Bunalw.le bay. per gaiioa (
sr 100 U. saekM ii Olympia. per g,OD'
SHIPMENTS WANTED OF
v Egzt, Poultry, Hogs, Veal
Price. ntll May Us Eggs IV dus.. esse count.
f...' b. lrland: o coaimlilon; rhlckens,
- ISr; eprlnga. iie; fancy iork, MMtl-'c; real
fancy, 144'l5r; Aairy butfer, 2Jc; .5 ,:
, , llilaalia. isi malt , and pmillie. 'aai ,ay
- HtlBT CO.,
107 Front St., Portland, Or.
JUtU 930,000.00.
pay very fair prices, but on ' left-over
wools, which dealers try to boh, values
ar necessarily sacrificed. In the West
buying of the new clip has been re
sumed but not in .snv extensive man
ner. Two rJlhric mill, representative's
are miner aggressive buyers at top
prices.
The shipments of wool from Boston
from January 1 to May 8. Inclusive,
were 6D.27s.laZ pounds, against So, 405,
228 pounds for the same period last
year. The receipts from January 1 to
May 8. inclusive, "were 62.034.624
pounds, against 91, 575. 15 pounds for
tne same period last year.
In a late Issue, the New' York CJiam
ber of Commerce Bulletin -says:
- The prevalent opinion on the domestlo
wool - market. is that prees will not go
much - below today's levels for some
time to come. The downward tendency
which has been so strongly in evidence
for several weeks past seems to have
bean checked for the time being. From
the west came reports that growers are
firmer than they have been for some
time and there Is less disposition on
the part of eastern holders to part with
tlmlr wools at figures under the cost of
replacement plus a fair margin of pro
fit. According to the statements jnade
by purchasers who are at present In the
growin districts a chunge. of sentiment
appears to -have come over wool growers
during the past week or tw- The
nacKbone or the wool growers seems to
have been stiffened, as they are re
fusing to entertain nronosltlonS that
buyers consider ver" reasonable In the
circumstances. The only explanation
vouchsafed for this cliange is that the
growers have come to the conclusion
that the chances, of free wool are more
remote Just now than they were a frt
night ago. The opinion Is that the
tariff bill passed by : the House on
xnursaay win be moameu in a numoer
of important particulars. Most wool
factors look for a i ner cent ad val
orem duty .on wool, with correspond
ing Increases In the rates on tops, yarns
and piece goods. So widespread, lias
tins opinion become during tne past
week that holders of raw material see
no reason .for making further conces-
lons. -
On the other hand some well 1n-
nformed wool merchants contend that
schedule K will be enacted into law
n its present shape.. It Is rather inslg-
mcant. however, that even tnese mer-
hants are not willing to sacrifice their
wools. The supply or raw material' of
last Season's sheaving Is not considered
burdensome. Manufacturers, it U be
lieved, have not much wool on hand,'
although the supply of tops and yarns
Is said to be sufficient to meet the
requirements of the immediate future.
. When the recent purchases ot new
clip wools are received the available
supply will not be augmented to any
great extent, as the contracts entered
into. are said to be not very extensive.
Were the quotations on new clip wools
reduced much below prevailing levels
sellers would have to pocket losses, as
some of the brices paid In the west
were relatively high, if the reports re-f
celved were not exaggerated.
Some moderate-size lots of fine medi
um territory and inodiun were reported
sold tnisWeek at 52c and 50e. scoured,
figures that dealers Rre using as a
basis of comparison with foreign wool
values. One of the leading worsted
spinncrn received quotations this week
from London on Argentine wools of a
son that can be compared with fine
medium territory. The price of this
Particular description, which would
yield U6 per cent clean wool, was 4Sc
iaivied on a free wool basis. In the
eventtof a duty of 15 per cent being
adopted these wools would cost 66 c a
pound. It is more than likely, how
ever, that domestic wool values would
rebound If the new tariff bill called
for a dutv of 15 ppr ent. so that domes-
ttcrwlyeiriiTg-itt-g6rtttprestlnt wouto!
for tlie day. During, the morning there
was a, sal of 7 bead that averaged
174 pounds at $8.35. Other tales, of
slightly heavier stuff were made at
98.25 the previous top. .
With the. exceotlon of at the Missouri
river all eastern .hog markets were firm
and higher for the day. Chicago
showed an advanced 2 Vic to Co for the
day. ...
Kansas City was up be according to
this morning's reports.
Houtn umana was steady to a nicaei
lower.
North Portland general nog marKet:
Best light $8.25f(8.3.t
Medium light 8.0008.15
Medium heavy 7.80&7.90
Hough and heavy 6.6007.50
Cattls Trade Continues Strong;.
Further deals In the local cattle, mar
Wet w.-re marie tndnv at the former ex
treme marK ror steers, une 101 oi
21 head of Oregon stock went at tne
extreme mark this morning, but other
lots offered, went considerably below
t'llH. Four loads of cattle came for
ward from Montana during the last 24
hours. Local arrivals are scant.
At Chlcaero there was a steady tone
In thai cattle trade at former prices,
Kansas City cattle market was sieaay
for the day. - . -
soutn umana came iraae was sicauy
to strong. -
North Portland cattle range:
Heav feed steers I8..69.00
CIIII1 PEELING HAS
1
IN PACIFIC NORTHWEST
FIRiM TON'E IS SHOVi
IN MARKET FOR GRAIN;
BUSINESS IS NOMINAL
Samples, of Newly Gathered Itark iHo . Little' Stuff 'Offered That It Is
Itecelml Jlero Show Good Vual
Ify: Market Is Established at
4Jg and 3 Cents Per Tonud,'
The reel In seasoh for ' chimin or
rakcnrs hark has been well started a
I'aulflc Northwest points. Indications
noint to a bigger eel than during re
cant years on account of the greater
amount or labor available. With many
men out or other employment, tney r
going to the woods and gathering the
bark.
Initial snmnlns of new-Dcel bark r
celved jn tins city during tne last rew
days, are or very gooa maniy ana
reiidv sale has been found. The open
ing price available for new bark ranges
rrom 4 ft io m a pounu, depending en
tlrelv unon the duality of offerings. '
Buyers havi already sent out word
that they will be much 'mote strict In
their mircraseg this season ow'--.td
the fact that hey harve been imposed
upon during recent years. No bark will
be purchased 'hgt I bot thoroughly
flr14ri and attamnts tn sell tne wet net)
will result cither in failure or tne nam
in a or a very low nrice.
While there la a fair supplvof old
barn still remaining at racuio isorin
west points, stocks are better cleaned
tar than they have been for several
ears. .' , '
UPPER SHAR
ES
DOWNED
Amalgamated Loses a Point but
General Stock Market Is Quiet
.for the Session.
8.40.5r)
8.008.25
N 7f.
8,75(ff 9.00
7.2507.51
fi.00fi.50
' 6.5
4.5004.75
sell readily at 56c or above.
San Francisco Produce Market,
H'lilled i'res reased AVIre.)
San Francisco, May 21. WHEAT
Northern bluetem. 1.8iy 1.82H ;
club; 1.65JH.57; Turkey red. l,Tt
4i)1.82: red Kussian, 11.63 fil.5.
HAKLKl Feed cnolee 1.4 i W I.&0;
CO
off grades. Jl.43 U 1.46
POTATOKS Oregon Burbanks,
75c; river do, WW tor.
ONIONS California sllversklns. 40
5fn-r AustraHerrrrtrwn, 354Sc.
Bl'TTIvIt Kx'tras," 27c; prime firsts,
2fiV.c.
KGGS Kxtras, 21c; firsts, 18c; sec
onds. 17Hc; selected nullets, 17H'-.
CllKESl' Oregon flats, fancy, 16c;
Young AtHericas,."18c;' California flats,
1 4 W 1 4 H ; Young Americas, 16c'; east
ern, 17 fa 20c.
ORANGES Navels, standard, $l(fir!2;
fancy, I3.764i4.0Q; -Choice, $2,25(3,00.
Seattle Produce Market.
(I nlterl rre I-cukmI Wlro.l T
Seattle. Wash.. May 21. KGGS Se
'lect ranch, 22it23c; eastern fresh, 21c,
BUTTKR Washington creamery,
cubes. 28 fi 29c; do cceamery brick, 29c;
city creamery. 29c; Oregon cubes: 28c.
CHEESE Tillamook. 16Vc; Wash
ington twins. 18M.c; triplets, 1814c
ON'IONS Oregon, $2 for sack.
POTATOES Old, 9 ft-11 per ton.
OATS Kastern Washington, 13435
per ton; Puget sound. iHdiih.
HAY--Eastern Washington timothy,
22j'23; wheat hay. J17&18; Puget
sound timothy, 15&16; alfalfa. $14. . .
3.2S; per 100 lb. sacg. 0; canned, eastern
ft5c cau; $8.&0 duxen; eustern. lu ahel'. i; 7a
12 ner 100; rasor llama, 2i32.to t. '
FISH Nominal. Hock cod, lot Id. ; dressed
flounders, Tc; halibut,. Oltfae; striped baas'
2oc; catfish, 12c; , Chinook salmon lie; steel!
heads. 7(! lb.; 'sole,' 7e lb.; shrtmpi, 1214c'"
pereh, 8c lb.: tonirod tic lb.; lobsters, 30e lb '
black bass, 20c: sllrer smelt. Sc; tbad S(2l4p'
blacky cod, 8c; sturgeon, 12ftl3c lb. '
- Groceries. ' 4
BDGAB-rtihe, $S.!i6; powdered. 15.40- frn It
or heirr $ft.as; beet, -V; dry grulatei
$5.15; U rollow. ,.4S. (Abor. guoutloni ar.
30 days net cb.)
EK'K-r-Japan stjle. No. 1. SQW.S; h,
HON El New, 42.75 per rim,
SALT Coarse, half groundk 100s 110 na
ton; SOS $10.75; table dJr 60s 'lis. Wa7
$17.50; bsles. $2.25; extra fln barrels i 2s U
and. 10, $5.25?6.00; lump rock. fXt.Sn oeT'taZ
BEANS Small white, fl We Marge wblteT
pink, 4i,e; b.jou. 4V4i llmas, 5 redi IS
Paints, . Cl OU, kti ' 4-'.
( WHIT8I LiiAO Toa lots, He par lb.i BOO lh.
lots, be per lb.; less lota. $4e per lb.
OIL MEAI-Carload lots, ?33.' -UaFK.Nl'IKW-ln
eaae(r 72c: wood btrrels.
70c; iron barreU 66c ftr .ImnXtTeu, 1,2
LINSKRh rilLRair . bbts.. B8e per ssl : kes
tie boiled, bbis. 60c gsh rsw Sieiv sJej bolirf
eases, &e gal.; lots of 250 gsUoos le least
II cake Bieal, $14 per ton. '
Tire .United Stated Is offlclallv cstl
7)",,' o bve 20,567,000 horses and
1.3S8.O00 niulea.
Choice steers
Common steers
Fancy steers .......
Fancv cows
Fancy light calves..
Ordinary light calves
Heavy calves
Best bulls
Ordinary bulls
Bhsep Market Is Weak.
Owing to the overabundance of poor
quality offerings in the local market at
this time there is a decided dragging
tone In the mutton trade at Nortn Port
land just now. Prices do not seem to
be satisfactory either to buyer or seller
at the moment. V
Spring lambs are now extreme top at
7c a pound and some poor stuff sold
down to 6 He Mixed loads have sold as
liluh an 15.85 and as low as, $3.60. ac
cording to quality. The range does- not
give much information for the reason
that one Is unable to tell bow badly
mixed offerings are.
At Clilcaaro there was a weak tone in
the sheep trade for the day with prices
tftlehanged. . - ,
Kansas City sheep market was weak
at former values.
South "XJmaha- sheep - market - wiled
steadier with, an advance of 10 to 15c
for the day. Top yearlings- sold there
at $7.25 this morning, wethers $6.65 and
lambs $9.60.
North Portland nominal mutton price
r&nj6 " --.'
Spring lambs ..... 7.0007.75
Yearling lambs 6.0006.25
Old wethers 5.255.50
Fancy" ewes , ,. 6.60
Ordinary ewes . : :. 6.26
Today XiiTSstock smppari.
Hogs- Severe 74 Weed, Jerome. Ida.. 1
load; W. B. Kurtz. St. Anthony. Ida.,
1 load; J. W. veen, Roosevelt, Wash.,
1 load.
Cattle Montgomery & Co., Missoula.
Mont.. 4 loads; W. B. Kurt2, St. An
thony, Ida., 2 loads.
Sheep W. M. Applegate. Roosevelt,
Wash.. 2 loads; Smith Bros.. 1 load; S.
I. Hibbs, McMinnvllle, 1 load.
' Tuesday Afternoon Bales. .
MIXED STIEEr.
Xo. At. I ha.
1.14 77
cows.
It WIS
Wednesday Morning Sales.
STEERS.
No. . At. lh
Section .
Orrgoil
Oregon
Prlre.
$4.75
$0.50
Sect Ion.
Oregon
Oregon
Oregon
Oregon
Oregon
California ...
California .
California .
Montana , . .
Montana . .
Montana , . .
Montana ...
California ".
California .
Oregon
Washington
Washington
Washington
Washington
Washington
Ore con
Cnlifornis .
California .
OreTPm
Oregon
Washington
Washington
Oregun
Oregon ....
Oregon-
Washington
Washington
Washington
Washington
Washington
Washington
Washington
Washington
'22
4
, 2
n
8
, 11
...... 1
. . 5s
HEIFERS.
25
2.V
WETHERS.
1 ,
fiH
1.10
E W EH.
B2
VV
. . . 17
COWJL.
...... I '
.; i
. BI'IJ.S.
1
STAGS,
3
sruixti
LAMBS.
i;i
711
57
5
MIXED SHEEP.
42
....... 1H
20
HOGS.
70
TTafi
OHO
1027
B4S
953
Rl0
70fl"
704
itm
HOT
107S
10S
7KI
1'I.Vl .
P2
Wl
81
1 1.1
,
1.120
880
670
1010
:o
71
71
r.r
54
2 .
81
106
1.10
101
174
20!i
203
280 .
305
Trce.
$.no
8.50
S.00
f.75
7.00
7.00
7.00
7.00
8.75
S.7.1
8.75
8.73
$8.00
J.50
$8.00
.1.00
6.00
$5.00
K.fiO
8.00
$7.M
8.00
$6.00
.$7.50
550
$7.00
Ii. 00
7.00
sen
6.50
$5.85
4.(10
3.60
$8.35
8.28
r KM
T.H3
7.2J
New York. May 21. Copper shares
were weak and lower for the day, witn
a loss or a run point in Amalgamated
The stock market In general showed a
tendency to sag, but changes were only
fractional.
It was reported today that the Erie
railroad hud ordered 5000 steel oars
from the American Cur & Foundry com.
pany. '
Nothing developed at the meeting of
tne ijehign valley railroad, only rou
tine business being shown.
General Klectrlo declared Its regular
Quarterly dividend today.
A report from London said that the
Chinese loan was oversubscribed. Tins
I ja.TjPected to. have a gpod effect upon
finance. ,
Knnge bf TCew York prices furnished
by Overbeck A Cooke company, 21,6-217
Board of Trade building:
IlK.SCKIPil.iN
I UiieK'lUfn u, Ml
Auialgamuted Coppr -t'ol 74
American Tin,
J dov preferred . ,
Am. uitton Oil. com.
Am. Ixx-o., com
Am.' Soielting. com...
do., preferred
Am. Tel. & Tel
Anaconda Mining Co.
Atchison, coin
do., preferred
Bultlmore k Ohio, com.
Brooklyn It. T.
Canadian Par., com...
Central leather, coin.
do., preferred
Chicagor M. ft St. P...
Chi no Copper
Chesapeake a Ohio ..
(!ol. Fuel & Iron, com.
(Toneolltlatefl Gas
Corn I'roducts com
Delaware- a Hudson . . .
DenvtT ft Klo V,.. coin
Krie, com
General Electric
Great Nor. Ore Lands..
Great or.,-'.bf4u,
Illinois Central
Iuterurban Met., com.
do.-, preferred
Lehigh Valley .:
Missouri, K. & T.. com'.
Missouri Pacific .....
Nerada Cons..........
N. Y. Central .......
N. Y.. O. t W...
Norfolk A W.. com...
Northern Pacific, com.
Penna.Tlranla Railway.
Ray Cons. Copper
Reading com.....
Repub. Iron a Steel, nfd
um-k island, com.
do., preferred
St. Louis a San f. 2 pfd
Botitnern i-acinc. com
Soatheru Ry.. pfd ..
Texas k Pacific ..
lulon Pacific, com.
U. S. Rubber, com..
do., preferred
O. 8. Steel Co., com
do., preferred
L'tah Copper
Virginia tuemlcal . .
Wabash, pfd
Westlnghonse Electric
.13
:H2',k
41
:;2-Ti
07'1
IWVj
37
ei
75
.13
02?i
41
3.1
7Hi
1281
7ft
0
2.17Vti2.'W
2-Hn
"24
64 'A
1 31 U,
10
150
18
28 Vi
129
8.1 Vi
11
14
60
Io-Ha
35
11 M)
28T4
114
"OH
is
100
82
17
30
14
76
ia
1.1014
02
105 -
60 ,
UliiVi
50
26
T
62
2.1
'02
ins
38
06
31
131
10
156
18
28V4
137
12U
114
14
50
155
23
35
1 1
100
28
105
114
110
is
181
17
30
14
7
78
16
1W
02
106
I06
W
26
7-54 1
62
73
2
92
:at
.12
66
128
HT
91
237
23
92
107
3H
64
.11
131
10
154
17
28
1.18
.13
120.
114
14
00
104
23 -
35
16
99
28
10S
114
110
160
81
29
13
96
78
ln
149,
62
104
0
!
00
26
7
61
73
.12
92
.19
2
66
101
128
.17
09
99
98
91
2.17
22
92
107
38
64
30
181 Vi
111
156
1T
28
126 J
114
14
50
154
23
84
16
99
28
105
114
110
17
lo
81 Vi
17
'
13
98
76 &
13
hot;
62
104
r
Htt
50
26
Hard to Kstabllsli a Quotation,
Especially for the Coarse JGralns;
Hour Very Quiet.
- .
Soma Crop Complaints.
4 Chicago, May 2 V. The , Inter 4
' Oceun says: Apprehension la
4 being felt over continued rains In
Nebraska and lowa. For 1 the e
last two weeks rain has been
f!lltng-lmoBtahlIy "ar"a bum-
, ber, of points and an Increased
number of complaints is being
received .'of .delayed seeding of ' e
eorn. During the ptfst few days
4 ..there has been a gradual change 4
4 In the character of some of the
4 'vrbp reports on winter wheat 4
FOHEiaX WHEAT MARKET. i
UrerDool Wheat elosed unchanged to XL 6
lower. .
Bnenns A r.n-i....i
rreNhleiit Ho1iiIiin Is Not OptlmlwHc
KeaurdlnK Situation for Mar.
ketlng Situation.
llerlln bft cloned kriKir lower.
Buds peat Wheat closed e lower.
Antwerp Whcst closed &le, lower.
"' LIMITED CARGO DEMAND1.
London . Mat "21 Wheat Mrff.M.a on nnaaaa..!
steady with limited demaud. , '.
r.ngllsb mnuirj markets yule!.
rrenca rouatrjr markets (jiilct.
. i I'OUTLAND GRAIN RECEIPTS.
Wheat. Barley, J'lour. Gats. liny.
North Yuklmai Wash., May 21. The
North Puclflc Fruit Distributors will
probubly not do business as a selling
agency this year, but the organization
will be held ' intact so that at any time
which appears propitious it may gef into
the field as a marketing agent for the
fruit of the northwest. J. H. Bobbins,
bead of the Vaklnia Valley Fruitgrow
ers association, and slated for manager
or tne selling agency, as a result ol tne
recent meeting of fruitgrowers at We
natchee, Is of the opinion that it is Wise
io let tne project drop for this year.
Three things are possible for the dis
tributors, be says: to hold the organi
sation intact, with occasional meetings,
exchanging Information and being ready
to proceed with the original plan when
the larger districts are unanimously In
Its fayori. to go ahead witli. the-oentrai
selling agency without Wenatchee, or to
adopt the suggestion of Wenatchee and
make of the organisation a machine for
advertising and exploiting the box ap
pies of the northwest. Mr; Kobblns fa
vors the first option and will probably
recommend that line of action to the
trustees of the distributors,
ARIZONA FAILS TO MAKE
APPROPRIATE FOR FAIR
-(United I'ri'ss l.enai.J Wire.)
I'hoenlx, ArU., May 21 Plans to
Initiate a law to appropriate money for
Arlgona exhibits at the. Kan Francisco
and Bun Diego expositions are abandoned
today, following a decision by Attorney
General Pullard who stated that special
elections to Initiate or refer laws are
not legal In Arizona, The next general
election at which a law would be sub
mitted will occur in November, 114,
too late to permit the organization of an
exhibit. ,;w ,.
NORTHWEST BANK STATEMENT
rortlaad Bank. '..
-Clearings..
ThlsWeok. YekrAao.
Wed. .$1.7.27.752.99 $1,437,788.08
Tues. ....... 1,781,748TF7 , 4.439,866.48
won,. 2.643,406.231,972,322.4S
Monday .
Tuesday .
Wednesday
Year into
Season to. date
.17
23
18
...16104
Year, ago ....I40U7
18
io
' 4
1
221.1
375
14
7
T
I
2.152
230S
H
T
T
1
1483
1518
II
14
1.1
10
2070
2023
There Is a firm but verv tiulet tone
in the local grain trade. Lack of of
ferings is the principal factor at this
time, with holders Intent unon forcing
Values higher for all grains.
While there are reports that Japan is
buying some wheat, this cannot be con
firmed throughout any established chan
nel today. There Is not enougli.. wheat
remaining for. anyone to make much of
a fuss about, therefore the talk of big
sales to the orient is practically of the
same standing as the recent report that
the orient was a heavy buyer o-f flour.
coarse grains are very quiet uariey
prices are nominally quoted because
there la not enough grain available to
establish any definite pHpe, Is, be-
leveu, nowever, mat values win.noui
at practically the same basis quoted
during the last few days.
Flour trade Is extremely quiet, both
for patent and export, with -no change
n prices.
wiiKAT nominal, producers prices.
track baBls: Club, 91 ijf 92 c; milling
bluestem, $1.00; red Russian. S9jr91c;
fortyfold, S3c; Turkey red, i)394c; Wil
lamette valley, S3c.
BARLEY Nominal, producers' prices,
track basis: Feed, $27.50; brewing, $28;
rolled. $29. .
OATS No. I feed. $30,504(31.00; mill-
ing, $31 ton.
FLOUR Hel In tr rr ce: Patent. 14.70:
Willamette valley, $4.70; local straight,
$3.86fa'4.10; export, $3.S5Cs3.95; bakers',
$4.50 ft 4.75. - . -
HAY producers prices, Willamette
alley timothy, fancy. $15; ordinary. $11
(912; eastern Oregon-Idaho fancy tim
othy. $1617; . alfalfa, $11.50S 12.50;
etch and oats, $911; cheat, 18QH1;
clover, $89 per ton.
MILL8TUFFS Helling price: Bran.
24.6025.60; middlings, $30.60 31.00;
shorts, $26.5027.50 per ton.
GRAIN BAGS No. 1 Calcutta, 9c-.
mm
HARVES
T
Week to date $6.062,t04.8 $4,849,888.04
- ' .sWya..ii Hi , , J
.--'' Tacoma Banka.
Clearings today j .$ J92.720.00
Oulances today 33,367.00
' Seattle Banks. '
Clearings today 92,017,694.00
Baiam.es today 222,248.00
Good Berry Trogpecta. ; .
- (Sneelat tn Ilia Journal! '.
Uoldendale. Wash May 21.ather
conditions have been most favorable for
the strawberry crop in the White Sal
mon vauey. Tne 1918 yield will be a
banner crop. Last year the White Sal
mon Fruit Grower's' Union handled '14.-
000 crates and expect to handle 20.000
this season at a gross return outside of
express charges or ibo.ooo. gkm own
er of young orchards that will coma
Into bearing this year have plowed up
strawberry plants set between the trees
but It is figure, that the- In crease. I
acreage of strawberry plants, that will
came Into bearing this season wlU make
tne total acreage fully aa large as It
was last year, estimated at 225 acres.
Milttui Berries Shipped.
(Special to. Th- Journal.) ....... V
Walla Wallah Waali., May 21. The
first strawberries of the season were
shipped from the valley yesterday by
the Milton Fruitgrowers' union. There
were three crates of the berries arwl they
netted the growers $5 a crate. Two of
the three crates were grown by William
Forsvthe and the other was made un
from a number of box offerings by dif
ferent growers of the Mllton-Freewater
district. From now on, according to
Manager A. C. Denny of the union, ber
ries will be received dally from now tin
til the end of the season, Next wek
the supply will begin to be plentiful.
Journal Want Ads bring results. i
ARCHDUCHESS ISABELLA
. ' WILL BECOME NURSE
United press leased W ire.) "' '
Vienna, May 21. Disappointed In love
and marriage which did not turn out as
she pictured It,, and weary of society,
Archduchess Isabella, recently divorced
from' prince George of Bavaria, will de
vote her life to. the care of the elokv The
archduchess has announced her inten
tion of becoming a "Red Cross Bister."
- aaSBBHSjaasw
France to Furnish lluerta Coin.'
(United Press Leased Wire.)
Mexico City, Mexico, May 1, -Congress
sanctioned today the s proposed
$100,000,000 loan ' to be negotiated" by
the Huerta government at 6 per cent. A
fuarantee o.f 36 per cent of the Mexican
customs receipts to pay the loan was
agreed to. The entire amount of these.. -
customs duties will go to French bank
ers, who are being approached for tlie
accommodation. - . , - ;. '
Thinking of an Auto?
' With fine Weather Upon us. the rnmla
in good condition and the nurheroua
pleasant outing spots to be visited,
many start to think about an automo
bile. Perhaps If you knew of a bargain
In a car you would not hesitate in mak
ing a purchase. There are bargains to
be had: it's lust a matter of knowing
where to locate them. Suppose you
watch The Journal's automobile column
In the classified section for a few davs. 1
Bplendld bargains have been picked up
inrougn watcning tnese iittia aos.
-" -!!-! 1 - 1
The
Canadian Bank
of Commerce
HEAD OFFICE, r
Toronto, Canada,
E$tabllshed 1876.
A General Banking Business
Transacted.
Interest paid on time deposits.
PORTLAND BRANCH,
Corner Second and Stark 8ts.
F. C MALPAS, Manager,
Former Reports of Probable Wheat
Yields Giving Way. to Dam
age News.
Oil
Total sales 160,400 shares.
OMAHA SHEEP ADVANCED
Market Rules 10 to 15 Cents Bet-
ter; Hogs at $8.45 for Tops.
(Mpecial to The Journal.)
South Omaha. May 21. Cattl 23oo.
Market strong to steady. Steers $8.00 m
8.40. Cows and heifers $8.07,76.
Hogs 7800. Market ateady to Bo
lower at $8.SO8.45.
Sheep 3000. Market steady to 10
c -higher. Yearlinarsi 17.00if9i7 ?.
We-thcrs, $.50fr6.65:
9.60; ewes, $6.00 6.26.
lambs, $l00
CHICAGO HOGS. HIGHER
Market touches Top at $8.75 in the
Yards; Sheep Show Weakness.,, ,
Chicago, May 2l. Hogs 28.000, .left
over 4400; run year ago 28,000. Mar
ket 2 V, to 5o higher. Mixed and butch
ers $8.45 (ft 8.75. good and. heavy, $8.60
8.70, rough and heavy, $8.2C8.45, light,
$.458.7S. :
Cattle 14,000. Market steady.
-Sheep 16,000. Market weak. '
KASHAS CITY LIVESTOCK
Hogs Are Vp a Niekel for the Day;
: . wttier lAaen Ruling , Steady
Kansas City, May 21. Hogs 12,000.
Market 6c higher. Tops $g. 65.
4'sttle 5000. Market steady.
Sheep -7000. Market ateadv
t WssajBBsass..aBsaa.sisiilai : . "
San Francisco Grata Calls.
San Francisco. May 21 Grain calls:
ii ii RAHLEr. i iliaimi
Open High Lew dose
DC. .......146 146 1424
i ." ' WHEAT
North Dec.: .143 B ....
H2.
14 8 Vi A
Hart Bnys Hops.
(Secial to-The Xnornal.)
Eugene. Or.. May 21. Harrv Mart
a Portland hop buyer, has contracted to
purchase of J; W, Chase of this city 20,.
000 pounds of hops each year for fii
consecutive years, beglrining with 1913.
at no per pound, its has also con-
racted to buy 15.000 pounds of th tois
crop from E. T. liushnell at 14 'Ac per
pound, and 11,000 pounds from W. D.
Perkins at 14c.
New York Cotton Market.
Month.
January . .
March'',,,.
May
June .....
July .
August ...
September
October . .
December .
Open. Hlgh
1103 1107
mi
1156
1166 .
1145
iioi
1106
.1117
1157
116?
1147
Low.
1102
1111
1154
iies
1143
1110 1104
1112 -1104
Close.
110607
111415
11664i57
1161 fl63
1166 167
114547
1116018
1109(5)13
1109&10
Chicago, May 21. Unexpected strength
developed in all wheat, months -today.
A, very strong upturn of lV4c to lc
was made following an early break to
somewhat lower prices during the morn
ing'. -When July wheat weakened -to
88V4C not one buying order in ten could
be executed . until a recovery started.
The real cause of the excited buying
and strong advance of the last hour to
day was the less favorable news from
the southwest. There was enough In
the complaints coming. from Kansas and
elsewhere to indicate that the big
bumper harvest is to receive some set
back and with this in -front of the trade
there ia likely to bo a broadening of the
market and a continuation of strength.
A Chicago crop observer reported sev
eral big counties In Kansas materially
lowered in condition the pas t wo- weeks.
One commission house in the local trade
was credited with buying nearly 2,000.
000 bushels of July and September.
There was general talk of a leadinz
bear covering on a large scale. Short
sellers of the morning were alarmed by
the character or teaws ana covered
on the advancing market. Sales of
200,000 bushels cash wheat were con
firmed' at the close. The wheat goes
from a local elevator . concern ; which
took it on May delivery to an eastern
export house. Northwest and -south-west-were
right-4n line with the - ad
vance here.
Courteous
Consideration
and Efficient Service
combined with that element of personal attention so
essential in all departments of Strictly Commercial Bank
ing, is one of the rules to which this bank consistently
adheres. .
United States National Bank
Resources Over thirteen Millions THIRD AND OAK
Money and Exchange.
London, May 2L Consols, 75; silver.
2T T6-161 bank-rate, 4 V4 per cent.
; New York. May 1. Sterling ex
change, long, 4.83 short, 4.87; silver
bullion. 60H
San Francisco, Ma 81. Sterling ex
change. 60 days, 4.8214! lght, 4.85T4:
documentary, 4.81; transfers, tele
graphic. 2 per cent premium; sight, par"..
Taft Speaks for Boston Unitarians.
Boston, May 21. Added Interest -was
given here by tlie participation of for
mer President Taft, who spoke briefly
at the annual meeting of The Laymen's
league. :. Taft is scheduled to preside at
the Unitarian festival tonight In Tre
mont Tettlple. .'. v
tan Falls Unconscious.
An unidentified man fell ' uncon
scious on the sidewalk In front of No..
9 North Flth street this afternoon.
The man regained tils "senses sufficient
ly to tell the police that he had lust
come from St. Vincent's hospital where
be had been treated ftor -an injury to
lice showed that the man's sca'.n bid
been gashed and that surgeons llud
sewed tip the wound. He was rcmovad
to the- hospital. .
Range of Chicago prices furnished by
Overbeck & Cooke Co.
, Wheat.
" Opening. High Low. Close.
May ............... M 02 02 A
July S8 Wi
September S774 sh1) st'
December DO 01 54 80!,
CORN.
May, 5HU 60 ' B
July 5' rr MV,
September .......... 574 5T b
December .......... 55 55 65
OAl'S. .
July fl ao4
September 854 m af)4
October ...,...,,.. .30 y, , 87 W .136
POUK.
May 1900 10TO Il70 - A
July ............. .100 1082 1005 1870 A
September ......... 10&0 1950 1032 1940 A
LA UP.
May ..............illlR 1115 1102 1102 -B
July 1102 11ia lOHff ' Ilia) A
September 1107 1110 1102 1105 B
RIBS.
90
S9
81)4 A
t '
57 B
57W B
65H B
m4 a
m a
7').
Convenient iesc arc two advantages to be
, - w -: ' regarded in selecting your bank."
! I This bank js sitrJated in the 'very
CCC55IUIC heart of. Portland's' business dis-
It invites your account. ..
trict.
LUMBERMENS
NAT.6NAL. bank
Fifth-and StarlrStfeets
Resources 7 Millions
May
July .....
September
..1130
..1110
1M0
1115
1122
rite
1100
1127
1110 ,
II
Electric heating units by which. any
coal stove r can be converted into an
electrical one have been patented, by
a New Tork Inventor. .
OVERDECK & COOKE CO
Stocks, Ponds, Cotton? Grain, Stu
816-917 Board of Trad Building.
DIRECT. PRIVATE WIRES
TO ALL EXCHANGES
Members Chicago Board of Traas.
Correspondents of Xiogaa H Bryaa,
Chicago. JTew York.
J.C.WILS0N&C0.
-KSMBSXI
NEW TORK BTOCK EXCITANOB
NEW TORK COTTON EXCHANGB -CHICAGO-BOAKU
OP- THAl
TUG STOCK AND BONO EXCUANCTB
6AN FRANCISCO . '
POHTIiAXU OFFICE
189 Oaft at., Oronad floor,. X.ewtt Bid.
Hones MarskaU 4120. a-4117, ,
Ladd&Tiltbhfiarik
.- ESTABLISHED 1859 r -
Capital Stock - - $1,000,000.00
Surplus and UndivifJed Profit $1,000,000;00
COMMERCIAL AND SAVINGS ACCOUNTS
Letters of credit, drafts and travelers' checks ;
issued, available in all parts of the world.
C o r n e r T h i r 3 an d Washingt on Str eels
FIRST NATIONAL SANK
-CAPITAL $1,500,000
, SURPLUS :$900,000
OLDEST " WATlOWAr B ANlTWEST 01 THE
ROCKY MOUNTAINS -
"CORNERTIRSONDlVASHINGTOirSTREETS