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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Feb. 27, 1914)
THE OREGON DAILY. JOURNAL, PORTLAND, FRIDAY EVENING, FEBRUARY 27, 1914. 15 PORTLAND RAILWAY BONDS MEET WITH MUCH FAVOR IN THE EAST BUTTER MARKET IS ' ' LIKELY TO SHOW A ; FURTHER LOSS HERE Market la Weak and Lower In Kouth ; . rice Difference Is Too Cireat Between Two Markets; Local Production Not Heavy. . Todays Produoa Trad. Egg prices steady. Chickens rula firmer. Butter marltet weaker. Cheese very scarce. No outside potato call. Onions not no firm. Lettuce market higher. Oranges are firmer. Country meats firm. i )S This afternoon all local butter later. ests are quoting- their best prints at 30o a pound. Tne outlook la still for loiter prices. The market for btatter is likely to show a further sharp loss here, owing in the lower prices prevailing In Call fornla. There is a difference today of fully 6c a pound in the price at Port land and at San Francisco, a condition not at all justified by the freight rate, between the two markets. Country creameries are quoting their best produce at SOc a -pound and today city makers aro selling at tha same flgare. It is stated that some of the local butter Interests have been buying Coll fornla butter for their best local brands. The state brand must, of course, be eliminated, and the words, "California butter," attached. The latter is said to be placed in such small type that few buyers have no tlced the change from tho local to the California product. So far as known, this Is the first time that any of the local interests hsve used California buttar for their private brands. It indicates tbst while the- market for butter lias been rather weak here of late, owing to the low pries to which the southern product diopped,' the home supply is scarcely txn (uuu a. n hi, ueumuu. LETTUCE IS FIRMER HERE Market for letture -Is, firmer along Front street. Supplies are limited and wnne some dealers are still offering as low as $2, most Interests are asking $2.25. A $2.50 market is expected next wet. FISH FIGHT IS FIERCE ONE War between the rival wholesale fish Interests put halibut prices down as low as 3c a pound in the local market mis morning. it is stated that combination of dealers is trvln force newcomers out of the market. to CHICKEN MARKET STILL FIRM EME WEAKNESS FO SPUDS RESULTS FROM CONSIGNMEN T CATTLE MARKET IS DOWN 25 CTS HERE WITH PACKERS FULL Oregon Farmers Breaking Califor. nJa With Supplies Which They Refused to Sell at Good Figures Earlier in the Season. Market Jn Bad Shape With Gen eral Decline and no Outlook for Immediate Improvement; Lambs Are Sold at Dime Advance. Today's Hog- Marks. Tops, Chicago ...... ..$8.80 Kansas City Portland . . Omaha .... Denver .... t ' 8.75 8.70 .. s.so .. 8.80 The extreme weakness into which the potato trade of the Pacific coast has drifted is considered tha entire fault of producers. Failure of growers here to let go of a liberal portion of their potatoes early In the season when prices were good is considered one of the greatest drawbacks to the market at this time. At the present time there are greater holdings of potatoes on the farms than during any recent season, with the pos- Bioie exception oi a year ago, wnen a large Per cent of the crop was not even sacked. i Now -twith InUiiMt huiimi In th trade, growers are "breaking their I Wednesday necks" to consign surjDllea to, the Pali- I fornla market. Not only are they hurt ing themselves by so doing,! but they wik .V are ruining the market for others. I YeVr go . general in the south, leading buyers! nave entirely witnarawn from tna mar- I tv. m . n .i. ilnesse S as Wers' PORTLAND RAILVAY GETS MONEY TO PAY ' FOR RETIRING NOTES Securities Issued Two Years Ago to Purchase Mount Hood Road Mature and 30 Year 5 Per Cent Bonds Are Sold by Corporation. LOCAL WHEAT IS NOW ON AN EXPORT BASIS FOR CLUB OFFERINGS Ninety Cents Is Available) for For eign Shipment; Some Business Expected to Pass Within a Short Time; Bluestem Holds Dull. PORTLAND LIVESTOCK RUN. Hon. Cattle. Calves. Sheep. 1078 Friday .... Thursday . . ago ... 6S8 338 1S8 8153 683 700 282 851 93 61 184 1889 28 75 182 837 20 8 2 2 635 123 8197 475 1440 15 43 were not above $7.65 and It took ex ceptional quality to bring that price. Tha drop for the week to date is fully 26c and there are no Indications of Im provement in sight. While there was only a small run of cattle reported in the yards over night. tne trend or the trade was not good. dumping their supplies on tha south by tne consignment route. A private advice to a local! represen tative of a ban Francisco ! produce nouse says: - "Potatoes that you purchased at SOc a cental a short time ago netted us a buy potatoes. While thesei potatoes I Killers have been receiving such lib- were boueht ehean. hv the time w I eral stocks Of late that all of the big add brokerage, sacks and freight, they ones are-apparently out of tho market are above the market at San Fran- I except wnen they can DICK UD a "Snap, Cisco at the present time. I At Chicago there was a steady tone "icvery dealer in town is arettlnar ore- I in m came iraaa ior me aay. gon potatoes consigned, and also all Kansas City cattle market was the hrnkera. who are 11ltiir At HSr to I SteadV. 1 a cental. On the last two! steamers Omaha cattle prices ruled steady. the Senator and the President, there uenerai cattle market range: nr 4100 marVn frnm Washinarton I Prime steers. 1100 to 1200 ' which aoM from 90c to 11.10 These lbs 17.657.90 are the reasons we have cautioned you I Good to choice steers...... 7.2507.50 not to bur potatoes, as ws could not I Common steers -. 6.7507.25 see where there would be any profit in I Prime speyed heifers 7.0007.25 them as long as all this consigned I Good to choice dehorned stuff is arriving and being sold cheap Kxtra fancy stuff Will bring from $1.25 to $1.85. but there is only one car out of 60 coming from Oregon that will bring this range. "we think as soon-ns this surplus is cleaned up and the Oregon farmers quit consigning, there may be a chance to hndle a few cars and make some money, but If farmers continue to con sign we expect to cut out of Oregon In the near future." ! COWS . -6.57.00 Fair to good cows 6.25 6.60 Best bulls 5.506.00 Good bulls 5.00 5.50 Common bulls 4.00 5.00 Best light calves 9.009.50 Ordinary calves H.uo$pa.7& Hog Situation Unchanged. No change was shown in the hog market situation for the day at North Portland. Keceipts were quite fair ror the day and tops continued around the same range as yesterday with tops at $8.70. There was no change in the general hog market throughout tho country for Market for chickens continues very firm along Front street, with the price for. live hens maintained at 17e a pound generally. Receipts are still very small wltn demand excellent. A lew spring ducks are arriving. KOO MARKET CONTINUES FIRM M-arket fot" eggs Is nhowlnr nrnr. tU-alljrpo change along the street to !ay; Kates of case count are rpnrrnllv reported at 21c a dozen with occasional transactions , in single case lots at a fraction more. Receipts continue good. ARTICHOKES QUOTED IXWER With greater receipts of artichokes from the south, the local market is showing a sharp reduction today, with large offerings quoted generally at $1.25 a dozen. The market recently has ruled between $1.65 1.75. SWEET POTATOES ARE HIGHER With the arrival of another car of sweet potatoes, the local price has been advanced generally to 2Uc a pound, and. the trade Is firm at that price. Another shipment of asparagus came rrom the south this morning and was quoted at 18 20c a pound. Green peas are In batter supply along the street, with sales at 16o a pound. San Francisco Produce Market. San Francisco. Feb. 27. Wheat Club. $1.80; northern bluestem, $1772 i'CT? yi.. . LVr ,lo 1. 75: Turkey red. Sl.62Vt01.67; red I r,5."V.- - j Russian, $1.67 ft 1.60; , f ortyfold, i"? . " Omaha hoar market ruled steady to strong for the day with an advance of 6c m trie price to 8.oo ror tops, Oeneral hog market rami: Best live. 175 to 220 lbs $ 8.70 Prima honw S2R to S50 lbs. 8.50(9 8.65 Rough and heavy 7.607.75 Figs, 76 to 125 lbs V.oU(B8.UU Mutton Market Is xorner. An advance of a dime was forced for mutton In the local yards for the day. Top lambs went at $6.85, both off cars and on tne nil, wnne tops in . - . . T Word has come from New York that the Portland Railway. Light & Power company has sold to Lee Hlgglnson & Co., and JDrexel &KX.. $5,800,000 30 year bonds, bearing 5 per cent Interest. The bonda will be used to retire the two year notes Issued by the Portland Railway. Light & Power company two years ago when It purchased the Mount Hood railway, and for retiring $100,000 bonds of the Willamette Bridge rail way Issued 30 years ago. The new issue Is considered a perma nent financing of the Mount Hood railway. The fact that the east is so willing to take local railway securities Is at tributed to .the excellent earnings of the local corporation and the stability of the city generally. Recently quite an improvement was shown In the bond and note market in the east The Michigan Central has sold to J. P. Morgan & Co., $6,000,000 one year 4Vfr per cent notes. GOOD RiSlR"STOCKS Entire Market Closes With a lib eral Advance; Mexican Sit uation Is Better. Broomhau Torelfn Advices. France Weather Is fine and native offers of wheat are In- - creasing. Danube Weather continues mild. Corn is held three ncno A higher. Australia It ' Is estimated there has been sufficient freight room engaged to carry the entire surplus of tha com monwealth. Wheat for August September delivery Is selllnx- today at four shillings per bushel at Sydney. Shipments so far this season, 21,816,000 bushels. FOREIGN WHEAT MARKETS. Liverpool Wheat closed 4d lower. Buenos Aires Wheat closed unchanged. Antwerp Wbsat closed unchanged. Berlin Wheat closed unchanged Budapest Wheat closed 4o higher Paris Wheat closed fctjlc lower. WHEAT CARGOES FIRM. London. Feb. 27. Wheat age firm. ing un and French country markets firm. PORTLAND GRAIN RECEIPTS. -Cars- New XOrk. Feb. 27. There wan a bullish tone all through the stock mar ket. Of considerable import to the bull side was the announcement that President Huerta of Mexico had asked, through the minister of foreign rela tions, that the United States take some steps to force peace in that country. The entire market advanced sharp ly as a result of this report and clos ing figures were advanced all around. Northern Pacific revenue for Janu ary showed a net decrease of S342.876 Rock Island for January showed a net increase after taxes of $495,841. Selling of Northern Pacific today was due to the report that the lines may oe uea up py strike. Range of New York prices furnished by Overbeck & Cooke company, 216-317 csoara o xraae ouuaing. DESCRIPTION I Open IlilKbl LowlClos il.2Ual.65 liariey uooa to cnoice reea, i.o'tt l.iv ; lower graaes. ti-vz gpi.ob. Kggs Extras. 21c; 'firsts. isHe: sa-l iyt puiiets, isc. i Cheese Oregon twins and triplets, 18c: do Young America. 18c: Cali fornia flats, 16 19c; Young America, lbMtc; eastecn, iszuc. Potatoes Oregon Burbnnks, $1.00 1.35: Delta Whites, 76c$l. 05. Onions Oregon, $3.26 3. 40; Aus tralian. $3.754.00. j Seattle Produce Market. Seattle, Feb. 27. Kggs Select ranch, 25c: Chinese. 20Q)21c. i Butter wasnington creamery, rirsts, I killers took hold rather freely, as pur- cudss. sac; ao Dricss, 4c; ciiy cream, chases off the cars indicate. ery bricks, S4c; New Zealand. S03lc; At Chicago there was a steady tone xaKioia oreainory, uritns, oiso. in tae sheep trade ror tne aay, jneese iiuamoon, avc; xoungi TCansan Citv sheen market was America, :'ic Wisconsin twins, zic; steadv at former crlces Oregon triplets. 21c. ' Omaha sheep trade ruled steady for pounds. .,. i , . I General mutton market quotations: Potatoes Local, $18 20; Yakima I Best lambs .$6.50 6.35 oems. vt5pzo. Poor lambs 5.506.00 I Best ewes 4.50O4.75 HOOS ARE HIGHER AT OMAHA Ordinary ewes 3.504.00 Best yeaning wetners wbWb.ou the ewe division were quickly picked IM Bb fT.OU VIA LI1D till. .111.. ...v.. a .a practically $4.70 on the fill. Tbere was Quite a liberal ran or mutton in the yards over night, but SHIPPERS' WEATHER GUIDE Weather bureau sends the following notice to shippers: - Protect shipments as far north as Seattle against minimum temperatures pt about 40 degrees; northeast to 8po .kane, 34 degrees; southeast to RoIm '35 degrees; south to Ashland 42 de grees. Minimum temperature at Port land ionii. aoout t:ia3gtm JOBBING PRICES OP PORTLAND ..,T! 9r.tV:a tDOW at wn,pl wholesalers ell In retailers, except ss othsrwtsa tt BL'TTKH Nominal WllUirette "l!?y VrVaml rt,y cubes, selling price. 27c; best prints. ;ASnc5-,.lir' e- ereamsrr. SOc. n.iTV,o cieiirviwu. innaiPO JOCS1 extras, 21 'VZJ .1 , I rvuul. ouying price f. ortland. 2Ae. LIVE POULTRY Hans 1TU.e: staffs. 1W rm i7io: Indian annnera. seal Br M'4tl anpliiM 12c; Pekln ducks i ittisc; jinaian itnnnera. IBWlCc; geese, 12(Q ISc; turkeys, IRiSIOc; dressed. 2027c; pisf. eons, old $1, young, $1.B0 dozen; Jackrabbits 2.00i8.2S. ' CHEEflH Nominal. Fresh Oregon fancy full win auu i irifnn, 41c; aaiaiss, zic: Toutig A merles. 22c. Hops, Wool and Hides. HOPS Buying price, choice. 17c;. prime, JJMiN medium to prime, 1516c, contracts; CHITTIM OR CASCARA BARK Car lots 4Hc: less than car lota, 4Wc. MOHAIR 1818 Nominal, 25 (3 27c WOOL- -Nominal, 1913 clip: Willamette val ler coarse Cotawold, 16c lb.; medium Bhrop- snirs, 'c; cnoice tancy iota, isc lb.; eastern wrraon, ivmiwi. iTvnnni 10 snnnitags. HIDES Ory i,1es. 2aU23c lb., green. II 11c; salted hides, 12rt; bulls, green salt S Sc. kios, lBKlc; caiT, dry. 2Sc: salt aklna suited or rsa, 18X-; rreeo hides lc less sanrai sump iia, saiiea, aoearlcaa. Fruit and Tsastasles. BERRIKK cranberries, fecal. $9 8.50 per ( rak'sii yRL'lfs-lorantes. narels. $1.76 uDserinra. i.oqx.uo; bananas. 4 Wo It. . lam.,. 14 Util K.. m . ... T?1- grapefralt, rferlaa, d.006.i5; ulusapplea! VEUBTABLKS Turnips, $1.00; beets, tl 00 earroU, $1.00; paranips. $1.00 aack; cabbace! local, $2AO; California, $2.25; MSilcai Tt mttoM. (1: Florida tomstoe. In tv ...... frees onions. 15c dosen bnncbes; peppers, bell' 2tte, head lettuce, $2i(2.2S crata; hot house wiiucw, iw una; celery, USlKorula, $4.00 per erate: e(tg pUnt. 18c; cauliflower California, t2.2rtc3it.50 crate: French arti cbokes, $1.66 doa.; sprouts. 10lle; String . splnaseb, $1.23 box; asparagus 18 ib. ONIONS Jobbing price $3.00; carload Baying price a.ou I. o. o. acippisc tauoa APlLBa Splttenbsrg, $l.i32.B0- Korthera spy, locni.ico; jonaman, i.txtu.ou; Rhode HIGHEST MARKET PRICES alp Us Xggs, Poultry. SCogs. Teal Net prtcea (. o.b. . Portland; no commission. vftess valley cnlcken eggs, is to 20c par dos., case -count. Dairy bntter. 17c. Bena and springs. 14ttl3c; 6 pound bens 17c pemo; aucss nvjitc; turceys, isc, dressed isic; cease, lumizc; pigeon a, iQ2 dos. fancy Dock. 9 WO 10c: veaL fancy. lsai4c taecara bark.. 4c H. Prices In effect until rurtner notice, ausr Co., 107 Front St . roeuaso. un, assets, sau.uvg.os Tops Move at $8.50; Cuttle and Sheep Holding Steady. market steady: steers, $8.258.80; cows and heifers, 8.509.OO. Hogs. 1000; market steady to Be higher, at t8.83ffl8.50. " 1 I Sbeep, 8500?- market steady; yearlings. SO.6oAXT.oo; wetners, jo.Tn'go.io; iambs. .aa(a7.so; ewes, so.wg.o.c. DENVER HOGS RULE LOWER Market at $8.60 for Best; Cattle Are Slow and Weak. Denrer. Colo.. Feb. 27. Hoes. 800: market lower, at S8.00(gS.eu. Cattle, suo; market slow ana wens; steers. fO.ienraa.iD; cows ana neuers, fa.201ao.70. oneep, none. CHICAGO HOGS ARE STEADY )5.65 Wethers 5.40 Today's Xiirestock Shippers. Qrover Bros., Nyssa. 1 load: Sol Dlcic- erson. Weiser, l load; Fred B Decker. Hubbard. 1 load direct to Union Meat Co., C. E. Lucke, Mollala, 1 load direct to Union Meat Co.; Hugh Cummings, 1 load. Cattle Sol Dlckerson. Weiser. Idaho. 1 load; RuRg Bros., Pendleton. 1 load: J. W. Assmussen, Mansfield. 1 load. Sheep R. N. Stanfield, Stanfield, 5 loads H. A, Watterman. Umatilla, 1 load. Mixed stuff R. N. Stanfield. Stan field. 1 loaa nogs ana sbeep; J. W. Assmussen. Mansfield, 1 load cattle and hogs. ComnnratlTe statement of North Portland UTestock run: Cattle. Cairo. Hoes. Sbeen. Month to date... 381 8? 20,489 22.420 same, iai3 6292 63 13,401 24,711 Increase Decrease 669 Market for Tops Holds Unchanged tarreato iate::::io;733 at $8.80 In Yards. Ctilcaro. Fab. 27. Hoes. 23.000: market steady; mlied. 8. 45(38.80; heary, (8.93(3 8.80; rough, $3.45'38.e0; light. $8.458.77H- catua, zduu; marset sisaay. Sheep, 19,000; market ateadjr. KANSAS CITY LIVESTOCK FIRM Same, 1913 11.226 19 74 184 6088 .... 2286 45,186 60,654 36,463 42,388 Increase Decrease .... 108& 110 Thursday Aftarnooa Sales. STEERS. 8873 8260 Kansaa City. Mo.. Feb. 27. Hon steady: tops. .(&. I attie, maraei sieaay. i Sheep, market ateady. !, Island lreanin. I1.00ai.2b: Winter Kiiuiiii $1.5002.60; Ortler, $1.60 i. 00; cooking grades POTATOES Selling price: Bxtra ehol $1.00; choice, 90c; ordinary, SOc aack; buy. ing price, cariosas, ooc; extra laacy. sorted. IOC, aweeis. S2. per ewe Vaa.to. FIaa and Prorlsiena. DRESSKD MSATS SelUnc nrice Coantr killed: Hogs, fancy, ,11c; ordinary, gus iuc, ruutu uu mb., , iiiicr Teats. . . , . II . 1 . ?. ... V aci omujuj, uwjojii, poor, sojiiuc; na: 10c: mutton, 8c; goats, 2g4c. ' UAMS, BACON, ETC. Hams. 18019 breakfast bacon, 19a27"c; boiled bam, 29ftc; picnics, 15c; cottage ). MB ATS Packing bouts Steers, No. 1 stock. 12tl2Mic, cows. No. 1 stock. '.lQUHc; iwn, wvtvi wmiin, lie; ismos, u pork loins, 18c; dressed bogs, lie. OYSTERS Sboaiwater bay. per aralloa I- per 100 lb. aack ( ); OUmpia.l per cailon. a.vov; per iw id. hu i t i cannea eastern. eastern oysters, per gallon, solid pack, $3.00. FISH NqmlnaL Dressed flounders, So; siripeu din, iici cutinKa saimon, 121 steelheads. 11 Vij halibut, 8 6c; icmoia smeii, ooiaiuo per ooz: abrunps 12c; perch, 8c lb.;- lobsters, 30Q33c lb.l black bass, 8c; slWer smelt, 7c; herring. LABO Tlarces, 12 Vic; compound, tleroea. CRABS Large, $1.60; medium, $1 dosen. Groosriaa. SUGAR Cube, $6.20; powderei, $6.00; fruit J?rr f,'80' iT, 1-?!drr granslated, $4.60: " yellow, $4.10. (Above quoUOoas are av uav ux t."u. 1 RKAN8 SmtU white. SUe: lir. sc. pink, Vkc; Umaa. 6c; bayo, 9t; rei 6c. BJCB Japan style. No. 1, -SUOSAe: New oc. 1 Orleans, head, 6Q7e: Creole, 6Uc, , HON iCY New, $3.2f8.60 peifTo esse. 0s 2. $2k!oo ton; 60s, $10.75; Uble dairy. 60s, $1 117.60; bales, $2.25; extra fine barr: t and 10S, $5Jfii9.O0; hunp rock, par ton. Paints sad Otis. tie boiled, bbls., 63c; raw esses. 6c: boiled esses, ooa gai.; Kis 01 o gauo&s le 1 oil rake meal, $44 per ton. 1 WHITE LEAD Too lots, 8c per lb.; SOC lots 8e per lb.; less lots, 8 He ; per In. . OIL MEAL Carload lots! 134. TURPENTINE In eases, 73c; wood barrels. Section No. At. lbs. Price. Montana 2 1176 $7.65 Oregon -17 1250 7.40 Montana 26 1O50 7.40 Oregon 26 1299 7.40 Montana 4 1070 7.35 COWS. Montana 3 . 1170 $7.00 Montana 8 1216 6.25 Montana 3 1063 5.75 Oregon 7 1144 6.40 BULLS. Montana 1 1830 $3.50 Oregon 1 1660 5.25 Oregon 1 1900 5.00 Montana 1 1000 6.00 CALVES. Montana 1 720 $8.00 Friday Morning Bales. 'HOGS. Section No. At. lba. Price. Oregon 9 20S $8.70 Oregon .............. 17 232 8.70 Idaho ................100 193 8.70 Idaho ... 88 177 8.70 Idaho 48 185 8.70 Idaho ................ 21 126 8.25 Oregon .............. S 633 8.20 Idaho 10 126 8.15 Idaho 1 220 8.00 Oregon 8 466 T.75 Idaho 6 819 7.70 Idaho 2 800 7.70 Idaho 19 200 7.26 LAMBS. Idaho ...122 83 $9.85 Idaho 118 83 9.85 Oregon 241 85 6.86 EWES. Oregon 63 99 $4.8S Oregon 114 100 4.86 Oregon .......218 99 4.85 (IWelghed off ears; filled price would be 16c lets. STEERS. Oregon 1 1190 $7.75 Oregon 2 .1066 7.60 Oregon ....... 9 1362 7.10 Oregon .............. 5 1102 7.10 Oregon 15 IK 7.10 Oregon 8 ,1031 7.00 Oregon. .............. 1 1410 7.00 Oregon 13 .1063 9.60 Oregon .............. 15 .1107 6.60 Oregon .............. 1 1014 9.00 Oregon .............. 2 1086 5.50 COWS. Oregon t 1 1390 $7.00 Oregon -I 1410 7.00 Oregon .............. 2 940 9.75 Oregon .............. 11 -975 fi.M Idaho 1 12.30 6.60 Oregon 1 1030 - 5.25 Oregon 1 890 4.00 .Oregon 2 895 8.60 STAGS. Oregon l 1120 $sjso BULLS. Oregon 2 1435 $3.25 Amalg. Copper Co.-. Am. uar & foundry, e A. in. can, c Am. Can, pfd Am. Cotton Oil. c... Am. Ijoco., c. Am. Sugar, c. ......... am. tsmeit, c... ...... Am. Smelt, pfd........ Am. Tel. i Tel Anaconda Mining Co... Atcnison, c Atchison, pfd Baltimore & Ohio, e... Beet Sugar Bethlehem Steel, c... Brook. Rapid Transit.. Canadian Kaciric. c Central Leather, c... Central Leather, pfd.. c. i. W..C Chi. Great West., pfd. 0., M. 4k St, Pan! a r.'.. c Chino Copper Chesapeake A Oblo. . . . Colo. Fuel & Iron, e. Solo. Southern, c Consolidated Gas Corn Products, c Corn Products, pfd.... Delaware Hudson Den. A Rio Grande, c. . len. a &. Urande, pia Erie, c Erie, second pfd Erie, first pfd. General Electric Great North., ore lands Great Northern, pfd... Ice Securities , Inter. Harvester ! Inter. Met., c j Inter. Met.. Dfd Lehigh Valley ! K. C. Southern Mexican Petroleum . . . . ! Louisville oc Nashville.. Mo.. Kan. Texaa. c. . M., Kan. tc Texas, pfd Mo. Pacific National Lead Nevada Consolidated. . New Haven N. Y. Central N. I.. O. & W t Norfolk & Western, c. North American Northern Pacific, c Pa. Mail Stem. Co Penn. Railway P. G., L. & c. Co. Pressed Steel Car, c... Pressed Steel Car, pfd. F.ay Cons, copper Reading, c Heading, 2a pi a Reading, 1st pfd ReD. Iron & teei. c. . ReD. Iron & Steel, pfd. Rock island, c. . Rock Island. Dfd St. L. A S. F.. 2d pfd. ao Did South. Pa., e....:.. South. Railway, c. South. Railway, pfd Tenn. Copper Texas & Pacific ..... T., St. L. tc W., c. T.. St. L. & pfd Union Paclrle, c U. S. Rubber, e U. S. Rubber, pfd... t". 8. Steel Co., c U. S. Steel Co., pfd. Utah Copper Virginia chemical... Wabash, c Wabash, pfd Western Union Tel.. W' house Eelectrlc... Wisconsin Central, c 73 i GO 82 44 106H 66 102 120H SO1 91 U 22H 38 92U ZIO 30 80 101 It 132 29 74 60H 80 62 44 106 Mi 67 102 120'4 80 7i4 '92" 2314 124 so 102 ,63a 133 11 SO 73 I 50 I 29 92 43! 106 66 101 33 96 9i 22 38 92 209 H 30' 12 SO 101 'ii ii 62 132 10 29 147 127 29 4 103 16 59 149 64 138 18 55 24 16, 00 89 112 24 111 42 194 25 5 b-Js S5 14 190 59 101 64 110 30 2 8 64 70 147 127 80 104 15 90 150 25 j 23 67 64 138!136 146 127 29 103 14 59 149 19 55 25 ie'" 68 eo 113 24 112 42 i 165 25 'e 95 25 35 162 68 ?i 101 65 110V 2 8 94 71 7 Ol 29 91 44$ 384 109 67 102 120 i 97 101 91 22 92' 210' 31' 100 13 30 102 41 63 81 24 138 11 67 162 18 22 itO 87' 46 146' 88 127 30 108 13 60 150 25 V 66 138 18 DO 24 40 if 90 1(1 6U 111 121 42k 1U8 19 165 90 88 26 87 6 7 14 94 2544 83 85 10 10 20 160 162 69 59 101 1 101 109 53 30 2 8 63 70 18 54 24 "io 66 89 111 24 111 42 i9 164 25 5 8 94 25 36 1 7-lZ Total sales, 276,700 share. ()Ex. Div, 2. (t)Ex. Dlv. 2. ()Ex. Dlv. 19. SHIPPERS AND DOCK COMMISSION CONFER DN WHARFAGE RATES Proposed Ordinance Meets General Favor; Section Op posed Affects Liability. Wheat. Barley. Flour.Oats .Hay. Mon. and Tuea.. 193 46 89 Wednesday ... 45 11 9 Thursday 82 l'l 10 "riday 2tS 7 xear aro no 10 2 Season to date. 13,791 2106 1983 lear ago ....14,097 1809 1697 6 1 2 5 3 1374 1246 13 8 7 9 8 2079 1477 By Hymaa II. Cohen. Tha local market la todav on n ex. port basis for club wheat and it is Quite likely that some- bualnesa will paas within the Immediate future. At the Dresent time care-nea could he eold. high enough to admit of dealers 1 Ing outside i'"b- uu mo usbis or suo ior ciud. uuewaier iracK aunougn at present there would be no troflt In uuch soil ing. The tentative ordinance prepared by the dock commission prescribing rules, rates and regulations for the govern, ment and use of the public docks of Portland, was discussed by the com mission and a number of shippers to day. Generally speaking the ordinance met with favor. In a few instances there were suggestions made of a change in phraseology. The ordinance was gone over section by section. The section most seriously objected to was the one relieving the-oommission from liability for damages to or loaa of mer chandise while onia public dock or wharf. In communication from th citv attorney it was stated that no opinion as 10 tne validity of this rule was ex pressed. The reasonableness of the rule requiring the master of a vessel to furnish upon the request of the wharf lnger a manifest or bills of lading of cargo wis questioned, also tbe re quirement that oft arrival of a vMel a statement should be furnished of an the cargo intended to b dls- cnarged at the wharf. Sates of Dockag. The ordinance provides that no load exceeding seven and one-half tons ex cept In a case of a single package snail c admitted to a dock or wharf. A single package exceeding seven and one-nan tons may be admitted on sdo- 1 clal , permission of the wharfinger. Driving faster than- a walk is pro hibited and no vehicle drawn by more than two horses allowed. It was sug gested that the weight limit be In creased and that four horses may be used when necessary. The rates of dockage as fixed by the ordinance are based on net tonnage and are as follows: Vessels, 1 to 60 tons. II per day; 51 to 100 tons. 1.60; 101 to 150 tons, $2; 151 to 200 tons, $2.50 201 tons or over, $2.60 for first 200 tons and three-eighths of a cent for each additional ton. -Vessels occupy berth one-half of the above rates. The wharfage charge shall be 26 cents per ton or 40 cubic feet. On ALLEGED ATTEMPT AT II BRIBERY VESHATED Grand Jury Takes Up Caser Involving Bridge ,ConV pany Representative) ' Tha charge that Phil Kaufman, rep- reaentatlve of the Straus Bascule Bridge company, offered County Com missioner Hart $1000 to support that company In the contest for engineer of the Interstate bridge was taken up IRRIGATION MEETING CALLED BY LANE TO BE HELD NEXT APRIL Cooperation of .State and Federal Governments, Ex tension of Work', Subjects. rtCsshlngtna Itareaa of The Jour sal.) Washington, Feb. 17. -Tha following i"7T..i? the general subject of missioner 8. N, Secrtat of Vancouver. n vVr o . ,. r w . ' 1 rnver on the ninth of April and baa The extreme strength of the foreign 1 the following articles the wharfage cargo situation Indicates the real short-i charge shall be: Pig iron, per ton of age of good milling wheat at European j 2240 pounds, 25 cents; Automobiles points. j land vehiolM set nn. ach 60 cents: interests tooay are not orrering above c ci .0 uu, 889c. tidewater track basin. The;ber. per 1000 feet board measure. 60 Inability of milling interests to force cents; laths, per 1000, 5 cents; shln- tne price or patent riour nigner is con- , gles, per bundle, 1 cent. Wash., and E. E. Howard, representa tive of wad.de 1 & Harrington, tha suc cessful bidders, were before the inves tigating body. The nam of Kaufman as tha alleged offerer of a. bribe was first named by Commissioner Hart at the time of the elimination vote on .the Monday bfor Christmas at which each of the mem bers of the Interstate bridge commis sion named possible candidates for the engineer position. Hart at that time said representatives of three firms had approached him. the other -two sug gesting that loans might be secured for votes and asking If that would in terest him. . Hart said Kaufman told him that he would receive $2000 as a commission If the Straus people were successful and offered to split the . commission for Hart's support. . One of the others suggested $1500 and the other $1000, according to Hart. Their names were not made public as they have not been located. An affidavit signed by Kaufman was presented to the grand Jury in lieu of himself in person. He was asked to appear but press of business held him In Chicago? he reported. Hart said that the firm of Waddell & Harrington had nothing to do with the bribery at tempts. District Attorney Evans haa request ed County Commissioners Rawson and Lindsay, of Vancouver, to appear be fore the grand Jury, If they desire and it is expected that they will comu from home tomorrow to appear. WEST DAIRY FARMERS HAVE ADVANCED IDEAS requested the governors I L 61 Arisona. California. Colorado, IJfho, Montana. Nevada. New Mexico, Oregon, South Dakota, t'tah. Washington and Wyom- " ing to send to this conference those : who are interested in the further ex tension of irrigation In the west. This conference will be -devoted pspclally ' j to consideration of methods of cooper- ation between states and federal gov ernment, building and managing of Ir rigation projecfit and in considering ways and messn of financing such 1 work. t Secretary Lane will be represented by several members of his staff. In cluding those most familiar with irri gation matters, and invitations have also been extended to the representa tives of financial interests Interested In the flotation of irrigation bonda and to the representatives of Carey .act projects." - CLD COUPLE GET PERMIT TO MARRY sidered the greatest factor In holding bluestem prices down. Were It not for this the extreme scarcity of mill ing quality would have forced prices stni higher. WHEAT - Producers' nrlraa tmrlr basis: Club. 90c: milling bluestem. 9899c: fortv-fold. 91c: red Russian ana nyDrias, sue; vaney, 91c. Bates Similar to Other Ports, Suggestions have been made that the rate on pig iron and coke should be reduced to 16 or 20 cents and on lumber to 25 cents. The above wharfage rats Include free storage exclusive of Sundays and OATS Buying price: No. 1 white, leal holidays as follows: On coast feed. S23(3 2t.&0: gray. $33 ner ton rlAltljt. 1 fnomlnal producers price, track basis: Feed, $Z021; brewing, $21 per ton. lour selling price: Patent $4.60 04.60: Willamette vallev. 14.60: loml straight, $4; export, $3.6503.80: bak ers, $4.40 4.60. HAY Producers' price: Willamette valley timothy, fanoy. 18.6014; east ern Oregon-Idaho fancy timothy, $16 16.60: alfalfa, $1S$13.50; vetch and oats, $11; clover, $9 9.10 per ton. MiLLSTurts selling price: Bran, $22.50; middlings, $30.60 31; shorts. 94.00 per ton. CLOVER SEED Buying price: No. 1 red, country points, 12c: alsika, 14c. GRAIN BAGS No. 1 Calcutta, fu ture delivery, 8 8 He WHEAT UNDER PRESSURE Chicago Market Close With Loss of Uc for May and c for . the July Options. wise shipment outward and inward, five days; on foreign shipments, in ward seven days, outward 10 days. It has been suggested that the time of foreign shipments inward should be increased, especially on coke, which requires time to move. Storage charges shall be an amount equal to the wharfage charge for each 30 days or fraction thereof. In the main the rates in a general way correspond with those of other coast ports and with those of private docks. If it should develop that they are Inequitable they can be readily changed by the commission to fit existing conditions. Further consideration will be given the ordinance before it is put into effect. YOUNG COUPLE WEDS AT GARDNER HOME Forest Grove Or, Feb. 87. The farmers of the west dairy section have organized a commercial club which meets every month and takes some definite action as to the betterment of farm condition Now they are offer ing gold prizes to the children of their vicinity for raising the best chickens, potatoes, beans, and corn. They have also inaugurated a movement for a county farm expert, and will ask the commissioners' court to appropriate $1000 for the hiring of such a man. MRS. HAYNES ASKS DIVORCE FROM HUSBAND Vancouver, Wash., Feb. 27. Among the marriage licenses issued yesterday at the office of the county auditor Was one Issued to Gardner W. Taylor, -88 years old, and Mrs. Emily A. Blodgett. 64 years old. both of Battle Ground. Other permits to wed were secured by the following: Jamci Nelson of The Dalles and Mrs. Olive Mensen of Port land. P. F. Johnston and Miss Nellie Woodson, both df Portland,. E. n. Hay den of Havre.' Mont., and Miss Rut Love Stanley of Tlgard. Or.; Thomas'" V. Mackey and MIhs Amanda Korppe. both-of -Portland; Arthur' Allen. 18 year old. of Beavrton. and Miss Ruby M. hwaln of Stevenson. Chicago. Feb. 27. Pressure in wheat options today forced a closing loss of (0c a bushel in the local market after an opening 9s c off from yester day. The market was under control of the shorts, although news generally was of bulll3h trend. Further activity in the export market had no influence upon options today. Bromhall cabled from Liverpool that the disappointing American, cables yes terday and lower tendency on the con tinent caused some pressure at the opening. Later there was a further de cline on bearish advices from Aus tralia and noticeable Increase in Aus tralian offers, with continental inquiry smaller. Russian offers for distant shipments larger and cheaper and Rou mania likewise. Range of Chicago prices furnished by verbeck & Cooke Co., 216-217 Board 01 Trade building: WHEAT. BOSTON COPPER QUOTATIONS Boston. Feb. 27. Copper bids: Adventure ... 1 Ahurn 290 Allouez 41 Si (Cal. & Hecla.425 Month May .... July .... May .... July .... Sept. . . . t May .... July May ... July ... May ... July . . . May ... July ... Open. High. .... 4H 841 .... 63 W 80 CORN. .... 60 67 K6H 6T, a 66V OATS. .... 40 40 40 H 40 H PORK. 2152 2155 2152 2160 LARD. ....1077 1077 ....1095 1085 RIBS. . 1152 1155 ....1105 1165 LOW. 04 88 1 Clone. 14 SI1 A 88V A 664 63 40H 40V 2145 2152 1070 1000 1145 1165 A 8 A 66Va B OH A 40S B 2115 2152 A 1O70 1000 1145 B 1155 Oregon City. Or., Feb. 27. At the home of Mr. and Mrs. George Gard ner, on Eleventh and John Adams streets, Wednesday night. Miss Mamie Roake, sister of Mrs. Gardner, was married to Leslie 8. Harlow of Mil waukle. Mrs. Harlow is the eldest daughter of Mr. and Mrs. Samuel Roake of Clackamas. Mr. Harlow is a well known business man of Milwau kie. The ceremony was performed by Rev. E. S. Bollinger, pastor of the Highland Congregational church of Portland, In the presence of about 70 relatives and friends. Mr. and Mrs. Harlow will make their home in Mll waukle. Oregon City License. Oregon City, Or., Feb. 27- A mar riage license was issued yesterday by County Clerk Mulvey to Axel Barthold Melgreen of 6012 Seventy-seventh street southeast, Portland, and Miss Bessie N. Lowe of Oregon City. Oregon City. Or., Feb. 27. Alleging that her husband would not stay at home at night and that, when she re monstrated with him for his conduct, he told her she could go out and have a good 'time if she wanted to and did not have to depend on him. Mrs. Nellie C. Haynes filed suit for divorce from Arthur P. Haynes in the circuit court of Clackamas county yesterday. Mrs. Haynes says they were married in Garfield. Wash., December 12. 1906, and moved to Portland soon afterward. jnapiie of the Anaual Statement f Ua Northwestern National Insur ance Company ' ot Milwaukee In tbe state .r Wlaronrtn oa the 3!et Ut of tWcmber, 191.1, made ! tbe lnxurtur t'oiumtaaloner of tbe State of Ore gon, pureuaut to law: CAPITAL. - Amount of capital eex k t.a!4 up. $1,000,000.00 IMCOMfc. . Net premium recelTnl during the year r $2.714.0Ofl.4A Intercat. dividend, and renla re ceived during the year...... 270, 041. 3D Income from other eunrraa re wired during tbe year.; S.784.R3 Total income 62.003,454.67' DlgWURSMEirTS. Net loeeee paid daring the year.tl. 230,043.71 IrtTidenda pahl daring tbe i year on capital atock 1 1 JO.txiO K) Cummlaalottt and salaries j paid during tbe year .. . 841.414.4-1 Taie, llcnea ,and fee paid dm-. Ins the yT I...'. IU.TW41 Amuuut of all other eiiillfur. -3X.7O4.07 Total ,...12.008,894.73 mar- San Francisco Barley Calls. San Francisco. Feb. X7. Barley calls: Feb. 2 Feb. 27. Close. - Open. Close. May 113 114B 114V4A December ..115U 11B4 115Vi eipendltore Assets. Valu of real etate uwnrd ket value) 17.O0ft.00 alue of stuck and bond owned (market value! 4 EMSUllX 'loan mi morlR-ages and collater-' a i. etc. 1.2.(iiin.rio Cab la banka and on hand. ...- 2S,i23.10 Fmnlumi In course- at collection written since September: 3i, Joi3 ..... sat .arc : Interest and rents due sn4 ac crued j ' 32,30.00 . Total aeaeta i. . . 4.n44.7fl7.l Leas sperlal deposits In f any - atale (If any there be)... i.V..V.7 The Canadian Bank of Commerce HEAD OFFICE Toronto, Canada Established 1807 A General Banking Business Transacted Interest Paid on Time Deposits PORTLAND BRANCH Corner Second and Stark Sts. b C. MALPAS. Manager Total (on. . i wli admitted InlOr-. 1 16.404. 2t.M LIABILITIES. OrnM claims for hm-.ru uupjitd. .S lSo,SBj.U7 Allount of unearned iifeidlum i on all outstanding rl.ks. ... ,V. 3,300,898.74 j Iue for commlsklou and !rkcr- i e - , ... ' All other llahilltloe conflagra tion reserve $.'j0.oo. salaries. ' rents. encs. etc., ' $2. 102 64 et.. amount fei-ral, ! state and other taxes $HyiO.. Total liabilities exclusive of . I capital stork ot ; f I.OM.rioS.nS 2i.wts.oa 602. 102. 04 In force f'e- Tottl premiums BUSINESS IN OREGON fOB TZtt TEA. Total rlxka written during the year W.48S.S14.O0 (iioe premiums received dunnr thr -ar j. . . . ! Pruniuma returned during I tbe I year , lwai't paid during the year.,!.... ; Looses Incurred during tbe jyar. Sl.748.20 0.4IM.7S 3i2.'i7.1S 37.342.24 Rnstnn Klv. . 48 Sup. & Pitts. 107 43 R1hp.1t Mt MnnL C. & C. 22 fol AH.. 49 Baltic Ohio su Reverla 18 Stewart .... South Lake.. 39 Verde 61 1 Tukon 2 Daly West... 2Vk Fran aim .... o Greene ...... 38 nirt Dominion S2 Quincy 1 Tamarack ... 4114 Trinity 4H Centennial Boyale .... La Salle... Mass Michigan .. Mohawk ... Nevada .... Kansre ..... Nlppisslng- N. sutta. . . Old Colony usceoia . . , Santa Fa... wolveiina . Winona . . , NORTHWEST BANK STATEMENT Portland Banka. Clearings today $1,611,846.07 Year ago 1,064.397.66 fiesjttle Banka. Oaring til 17.200.00 BaUnces 844,380.00 New York Cotton Market. High. Low. Close 1230 1020 1224625 1197 1188 ll0(g91 1?Z 118S 1174 1172 Open. March 1220 May 119 July 1191 August ,...1174 September .... October ...1161 December .1154 1151 1154 1148 1161 1187088 11710)73 116SS4 1148(0 4 11529 Journal Want A3s bring results. Money and Exchange. London. Feb. 27. Consols, 75 i; sil ver. 26 8-16a; ban rate. 3 per cent- New York. Feb. ii. Sterling ex- Change, long, 4.84; short. 4.86 sil ver bullion, 6lc. San Francisco, Feb. 27. Sterling ex change. 60 days. 4.83; sight, 4.S5V&; aoc, 4.82i ; transrers teiegrapnic. s . per cent premium; sight. 2V4 per cent premium. I THE UNITED STATES NATIONAL BANK PORTLAND. OREGON UNITED STATES DEPOSITORY Capital - - $1,000,000 Surplus - - $1,000,000 Overbeck & Cooke Co. Stocks, Bonds, Cotton. Grata, Eto. 816-317 Board of Trad BolldiA-. DIRECT PRIVATE WIRES1? TO ALL EXCHANGES Members Chicago Board of Trade. Correspondents of Logan & Bryan, Chicago. New York OFFICERS . 7. C. AUBWOJLT.il, President. MA BABKX9. Vlce-JPresldant. . B. W. lOBKZZI, CasXUai. A. K. WEIOKT, Asst. Cashier. , A. HOX.T. Asst. Cashier. . - V. 9. SZOK. Asst. Cashier. Total aatonnt of risks outstand- j Itik In Oregon Icoviul)cr 31. 1013 .4.....VI2,O53.00 Northwestern National Insur ance Company l Br JojEriI HEjt.. : Statutorv general aent sin! attomev f s.-rvi.r: UOSRHl RI I.LIN OH. 1'orllnnd, rein. ' 8rnopiia of tha Anaual tSatenaat of tha San Francisco Life: Insurance Company ' . of San Kranclsco In the stale of' California, nr. the Hist daf of Deccmb. lUin. male t- the Insiirsnce Commissioner I pt the HtsUj of Oregon, tiurauaot to law: j CAPITAL, i ; Amount of capital --k paid op t 2M.000.00 IMCOME. , Total premium Iiicoiik- 275.7SK.14 Interest, dividends and rents re ceived during tbe year. . . . . . 33.448.SS Income from ottn-r nmrt.-e! re- " - . celved doting tbe year. . jJ. . 6.0&4.67 Total Income '' ... S14,2ut.7S DISBURSEMZSTS. Paid for losses. iiJowniutj an- , nuitlcs and snrrr-noVr vslies..$ 37.184.l ComiiiMwions and salartea paid, dur ing tbe rear 4i 11, 413.3d Taxes, llcrnsea. and fees paid dnrlns tbe year i " V.Ki. Amount of all otber expenditure. eu.Mt4.32 t UB.444.M - Total expenditure t Msrket value of stocks and 4nd owned (amortlxed) .U IB.310.S1 Loana OB mortgage and' col lateral, etc .-i 31O.ftn0.O0 Premium notes and policy, loana. 9.004.23 Casb in bank and on Land.... &S.2H7.M ei uncollected and defererd: pre- mlums i.... 2T..oi7.a Otber asaet (net) .......... 10.Kd.TS J. C. Wilson & Co. NEW TORK STOCK EXCHANGE) : CHICAGO BOARD OF TRADE THE STOCK AND BOND EXCHAJNG8 SAN FRANCISCO PORTLAND OFFICE 109 Oak St Qroand Floor. Xrvwls Bite. Vnonss MarsaaU 3858. A-4187. i Ladd & Tilton Bank Established 1859 ; CAPITAL AND SURPLUS $2,000,000.00 Commercial and Savings Deposits Total asaet Ii 6ftT.oJ.3 ToUl aeaet admitted In )rfi.S Wl.i.VS LIABILITIES, Net reserve ii Za,M.f Total uollcr clalma unpaid ii.... fi.015.24. AU otbsr liabllltte I ii.ani.ii hi, - exclusive oi De- forci Total liabilities capital Uck Total Insurance la n,her 31. 1913 U . . . . t7..222.15 BTJBIKE8S III 0HE00M FOB THZ TEAK. Total risks written during, tbe year ,jv.-...S 3eS.e7s.IS Gross premium received during - tbe yer 4'j.... 10.748.SS i; i Total amount of risk entatand- - Ing In Oregon Deveniker 31, ; lftlJ ' ...4;.. .. 368.S44.1S San Francisco Life Insurance Company By roRDON TIldMSOJf. Hee'f. Statutory general agent aod attorney for service: j U C. SIMMS.