The Oregon daily journal. (Portland, Or.) 1902-1972, March 17, 1915, Image 12

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The Oregon daily journal., March 17, 1915, Page 12, Image 12

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Newspaper Page Text12 THE OREGON DAILY JOURNAL, .PORTLAND, WEDNESDAY EVENING, "MARCH 17, 1915 CEREAL SITUATION HAS Ell IN FRONT ST. TRADE Receipts From Country Slightly Uetter, bat Demand Is Very Good With Average Sales Around 15c ,und- Good Turkeys Selling. While there" was quite a material In crease in the teceipts of chickens on . this morning's express to Front Btreet. , the . wholesale trade continues on a " ery firm basisr. Sales of ordinary lots - i re reported generally at 15c a pound. '' This price is obtainable for all ex- teptrstaggy stuff, which naturally is J if i more Jitnited call, even at lower 1 rices. Broilers are still rather slow In coming forward, with demand rather good and the price generally main tained at 20c a pound. Some are said to be asking a fraction above this ' luvet. A Good turkeys are rather scarce and the price is somewhat better. Quite a futlr -amount of stock, which was Bent ibto storage about a.mt-r;th ago, is .-. rtow being witndrawn because of the improved call. ' Geese continue neglected, with' few. : arriving. For ducks the demand is steady around the prices quoted of late. ' - EGG MARKET IS STEADY Situation In the egg market is quite teady. although no real burst of Strength Is indicated. Most sales of ctase count are still reported at 19c a dozen, both for city and northern trade. Candled remain at 20c. VEALS ARE NOT SO FIRM Stlarht nric concessions are shown ih the Front street market for country Killed calves, with most sales of best dressed at 12c a pound today. Coun try killed hogs of top quality are gen erally quotfd firm at 10c. SPARAGUS IS VERY SLOW Unusual dullness is indicated in the demand for fresh asparagus here. Cal ifornia shipments in this direction are Showing a daily increase with a sur plus gathering. Best is being freely iffered -at 14c today. iOCAL BROCOLI IS VICTOR California brocoli. or winter cauli flower, has been driven, from the mar ket by the excellence of the quality of tine Oregon product. Shipments from liome sections are Increasing. Some Mery fine southern Oregon stock Is arriving. LOCAL ONIONS ARE SLOWER While no special chanee is 'shown in he outside demand for Oreaon onions. line : local mantel is extremely slow. Vhts later condition is due to the fact tjiat all of the poor stuff is being dumped on the trade here, thereby af fecting the demand for all offerings. TRADE IS SLIGHTLY BETTER Slightly better trade is showine In the Produce market, according: to lead ing Front street interests. While country business continues best, there Is a very noticeable improvement In the city trade. SHIPPERS' WEATHER NCrTICS Weather bureau sends the followine otlce to shippers: rrotect shipments as far north as eattle against minimum temperatures 0f about 44 degrees; northeast to Spo kane, 40 degrees; southeast to Boise, 85 degrees; south- to Ashland, 40 de grees. Minimum temperatune at Port Land tonight, about 46 degrees. ioBBING PRICES OF PORTLAND These orleea are thorn at which u-tinii-r. jell to retailers, except aa otherwise stated. E.uva wearQT rreaoiy garnered. 20c: case count, 19c; Chinese. 12c. BUTTER Nominal. Willamette Taller creamery cubes, sellinz nrlre. .t. print. 28c: raorti butter. 16ai7c; cIIt T7. case lota. 29 c; leaa than case lots, y,e lb. extra. BUTTER FAT No. 1 Portland delivery. 2?e. LIVE POULTRY Hens. Plymouth Rock, heavy, 15c; ordinary chickens. 15c; broilers, II to -24 lbs., 25c; tnrkeya, 17c; dressed, 18 I 20c; Trig-eons. $1.0O1.25; squabs ) dozen; ajeese, live, 89c; Pekln docks, 1214c. J CHEESE Fresh Oregon, fancy full cream twins and triplets. 16ro.iee: V otitic America. Ii7 17 46c: storage flats. 14Hl5c. Erult and Vecstables. J FRESH FRUIT Oranges, Darrl. $l.75a X25; tangerines, 75c; bananas, 4Vic pound: lemons, 3.0O3.BO; limes, $1.00 per 100: TRANSPORTATION COOS BAY ASH TXTRXXA S. S. ELDER BATZiS STT1TOAT, SCAB. 31, 9 A. M. UTI EVEBY BUilDAX THEKEAXTEa VO&TH PACIFIC BTEAJfSHIP CO. liekat Office II Freight Offie 122A U It. - If Foot : Northrop St. IN 1314 A-1314 Mais tSOSj A-6423 MAIN San Francisco tOS ANGELES AXD SAN DtEOO SS. ROANOKE Sails Wednesday, Mar. 34, at 6 P. U. WORTH ACTIO 8TSA MBHTf CO. Tlokst Off toe I Freight Of fin. Mala. 111. A-1814 l HAla MO. A-64M !2a el aJ . S. S. BEATIB Tor San' Francisco, Los Angeles I? :j: ;.j.3 F. SC. March S3 I Ths Baa Franoiaoo Portland S. 8 Co ld aad Washington Sis. (With O-W. R. V I , Co.) Sai. Marshall A00u A-eUlT Bay Line STEAMSHIP BREAKWATER Sails from Aiaaworth Dock, Portland, a. m. Friday. JFralrht aad Ticket office. Ains vortA Bock, flume Vain M00. A-833S. Citr Tioket effioe, 80 hixth at. Phone u..,i.tfl 600. A4U1. Portland Ooee Bay B. fi. HnZ . American-Hawaiian S. S. Co. "The Panama Canal Uw SXPSXISS FREIOET SEXVZCB Between Portland ; Viw Toik, Boston. Horfolk and Charleston. . -For Information aa to rates, aall. tnga, stow call on or address - U. u. tsjMXPiHtUi, Agent, ; tTO Stark Street. Portland, Or. m NCREASE NOW SHOWN FOR CHICKENS IT TONE IS SHOWN GENERALLY IN MARKET FOR HOPS Local Trado In Spot and Contract Goods at a Standstill With Prac tically Similar Tone in East -Foreign Embargo Cause. ' Stagnant tone is showing In th'S local hop trade: In fact that is the condition of the market all along the Pacific slope at this time. ; According; to leading dealers lio orders are avail able for Bpot hops. The Inability of the trade to make shipments to Eu rope is the cause of, the lack of orders from that direction. Domestic brew ing interests have taken full advant age of this situation, and as they are not in immediate need of additional supplies, are quite content to wait until they weaken the ideas of hold ers. A similar situation applies here tocorvtracts. . A late New Tork mail advice says of the general trend oi the trade: Bales. Receipts for week 4,97 Receipts since Sept. 1 96,237 Receipts same time last year. . 105,664 Kx ports to Europe for week... 44 Kxports from Sept. 1 44,734 Exports same time last year... 92,330 Imports for week 70 Imports from Sept., 1..... 19,347 Imports same time last year... 6,843 "Of the week's receipts 3745 bales were in transit for export, but as there were no outgoing steamers this week and freight room on later boats is very short it is understood that shippers are arranging to store a good many of the hops here temporarily. Recent -arrivals represent purchases of a few weeks ago. Not much new busi ness is reported and foreign advices are much less favorable than hereto fore. "English official report Indicates that the consumption of beer during December fell off 37 per cent In Eng land proper, 40 per cent In Scotland and 50 per cent in Ireland. Effective March 1. the German government pro hibited the use of more than 40 per cent of the usual amount of malt, and this will mean a very heavy reduction in the consumption . of liquors. In view of these conditions abroad the situation here is a little uncertain "Very little business is being ac complished either on the local market or in the interior, and the feeling is l erhaps a shade easier, though -prices are not quotably changed. "It is estimated that the remaining stocks in first hands on the Pacific coast ar about 20,000 bales, and n Jsew York state something over 10,000 bales. The fire Thursday morning In one of our local hop 6tores destroyed only about 350 bales." New York hop prices per pound: State, 1914, choice 1617 State, 1914, medium to prime. . . 12a l5 State, 1914, lower grades fll Pacific Coast, 1914, choice 1516 Pacific Coast, 1914, medium to prime . i 1314 Pacific Coast, 1914. lower grades. 10 12 Pacific Coast. 1913.....? .1012 Imported. 1914 34038 grape fruit. $2.60J4.00 per case; pineapple. 7c lb.; cueabas. $1.75 crae; pears. $150 APPLES Local. 75c4l$1.25 box. according to quality. ONIONS Local. No. 1. $1.25; association fcelliim price, $1.00 t. o. b. country points garlic, 17c. POTATOES Selling price: Extra choice, $ljl. In iHJr'centui; sweets, $2.834i3.00. VEGETABLES Turnips. $1.50: beets. $1.25 Q1.50: carrots $1.2oSsl.50: parsnips. $l.O0M 1.2u sack; cabbage, l.iS(5j2.50; tuiuatue. Florida. $4.50 per crate; green onions. 25 JOc dox. bunches; peppers, belL 2tJt30c; head lettuce', $l.S.&2.2a per crate; celery, crate $4.60; egg- plant );, cauliflower, local 75cia $1.25 dozen.; trench artichokes, 6575c dozen string beans, 30c; cucumbers, hothouse, $1 00 (tfl.&O dozen; cranberries, eastern $10si2 bbl.; sprouts, 9(&liVie ib. ; peas, 2oc lb - as paragus, 14c; peas. rOc Jb. Groceries. SUGAR Cube, $U.tj; iwwdered, JG.75- fruit or berry, $o.4o; beet, .25; dry granulated .4d; U yellow. $j.7o. tAboTe uotatioua are iO days net casb. ) KICK Japan style No. 2. 45c- New or leans, bead. i44l.c; blue rose, tiiic: Creole 6c. . SALT Coarse, half grounds, icoa $10 ner ton; 50s. $10.75; table dairy. 50s, $18- 10a $17.50: ImleH, 2.25: extra fine barrels 2 bs and lua. $5.25(i4.O0; lump rock. $2.oO Cvr lioNEY New. $3.253. TO per case BEANS Small wjiite. $.50; large white $6.25; pink. :.75; llmas. $6.75; bayou, $& veu. bc. Hops, WboI and Hide. HOPS Buying yrlee. choice, 15c; prime, 14c; medium to prtmt. .luiUe; meiliuiu ixu (tii . i -.at ; voutracts, 18ftrl4c WOOL Nominal, l.15 clip: Willauiette val ley, coarse Couuold, 252c; medium shroD ehire, 2c; choitc, faucy lots. 2t,c Jb.. eastern Oregon. 25CiM4c. according to sbtiniaee HIDES Salted hides (25 lbs. and uplh. Baited stags (0O lbs. and up). lOuTc' saltPrt kip (15 lbs to 25 lbs.) 14V2e; salted ca" (up to lo pounds). 18c; grvn bides, ,25 pounds and up). Lie; green .tags (5o pounda and udI Be- green kip (15 lbs. to 2c lb. Hc" creVn calf (uB to 15 lbs.), lac; dry flint hides e dryefUut calf (up to 7 lbs), 27c. dry hides 20c; dry horselides. each, 5ti to $1 25 horsehair, 25c; salt horsebides, eaeb. $2 So' to $3.00; dry long wool pelta, 15c; dry abort wool pelU, 12c; dry sbeep shearlings each lCc; salted sheep ahearUugs, each 15c to a ' TALLOW No. 1. 4to").c; fc i. 44-' grease -8 tt4c. ' MOUAIE 1918 80c lb. CillTXIM OK CASCAKA BAUK Car Int. 4c; leas tuan car lota. 4c. Meats, FUh ud Proriaioaa, DRESSED USA'IS Selling prlceJ-CountrT killed: Fancy hogs. 10c; r Jugi " aS". i 74SMic; fancy Teals, 12c; ordinkry, UauZ. poor, Wa 10c; goats, tQi4c. "Miiic, HAMS, BACON, ETC. Haaia lOffllTtic breakfast bacon. 17uia7c; bolle7' bauT. picniea, 11 c; cottage, roll. 13c. ' OlSTEBS 01ym;.ia. per gallon, $3 50 canned eastern, 6oc can; $ti.50 djxen- eastern la shell, 1S6 Per loo; razor clamaT $2 So ? eastern oysters, per saliou; solid nack $3 tst' HTSH Dressed flounders, 7C; steelbea sal mon, 12c; Uoyal Chinook. 14c; perch IS lobsters, 25c lb.; silTer smelt." 8c; .a trout, i8c lb.; halibut, 6a,7c ib-f CoISmwS rlrer smelt, 75c box. LARD Tierces, kettle rendered, 13c; atand erd, 12c. C&ABS Large. $1.75; medium. $Lf : dozen Faints sad Oila. UNSEED OIL Kw bbU., 71c gallon: ket tlo boiled, bbls.. 73c; raw. casea, 70c- boiled cases, 78c gal.; lota of 250 gallons lc less oil cake meal, $44 per ton. ' WHITE LEAD Ton lots 7c lb.; BOO lb lots, 7J4c Per lb.; less lota, sc per lb OIL MEAL Carload Iota, $34. COAL OIL Water white la drums and Iron barrels, 10c, TURPENTINE In cases 7c; tank. eOe per gallon. Foreign Exchange Rates. Merchants National bank quotes foreign exchange: London Sterling, $4.83. Berlin Marks, 21.76. Paris Francs, 19.60. Hongkong Currency 45.25. Vienna 16.30. Chicago Hogs lower. T.,lic?S(? Mar,cnh47- HS8- 38,000; Sret 6c,o lOclower. Light, $6.55 J6io g lxed i6' .if Jf iT : heavy. $6.806.85; rough, $6.30 6.46. .Cattle 9000; market steady to a shade higher. Sheep 15.000; market weak. 10c to 15c lower. . - Kansas City Cattle Higher. Kansas City. March 17. -Hogs. 10. 000; market 10c lower. Tops. $1.90. CatUe tOOO; market firm? 6c high- Sheep 6060; market 6c to 10c lower. New York Sugar and Coffee. - (Special to The Journal. 1 New Tork. March 17. Sugar Cea- trlfugal, $4.83; -molasses, inactive. Coffee Spot New York No. 7 Rios. 7c; No. 4 Santos. Wo. 1 4 STAGNAh NO LIFE IN Edited by Hyman H. Cohen. GIN BAG OUTLOOK VERY UNCERTAIN IN NORTHWEST. STATES Calcuttas Are Being Offered by Importers at 6Mc Here, but Lit tle Business Results Entire Grain Trade Slow. " Russian Wheat Advanclug. Odessa, Russia, March 17. There is very little antlclpa- ' tion among merchants that the Dardanelles will be opened soon. Supplies at ports are light and - prices advancing. , , . CARGOES INCLINED LOWER London, March 17. Wheat cargoes on pass age Inclined lower. NOUTHWEST GUAIN RECEIPTS -Cars- Wheat. Bar ley. Fir. Oats. Hay. 2 5 1667 2263 11 " 11 2719 2018 21 25 47B4 4141 Portland 5 1 3 1 Year ago 8 7 1 Seairon to date. .15,205 1844 1709 1824 Year ago 14.575 2190 2208 liM Tacoma, Tues. . . 8 5 .... Year ago 6 . . . . ' Season to date.. 8,4tStS 4U4 .. C71 Year ago 7,932 606 .. 897 Seattle, Mon..,. 9 2 8 2 Year ago. 12 11 S Season to date.. ,95o 1030 1840 1054 Year ago -. 6,091 945 1623 1079 Much uncertainty is being expressed by the trade in grain bags. Bags for the coming season's delivery are being freely offered here to buyers at 6&c, but trading is rather limited. While definite figures regarding the importations and prison output are not yet available, leaders of the trade ex press rthe opinion that the total offer ings tliis season along the coast will be somewhat heavier than normal, and that only a very big crop will cause the bag market to show elevated prices. Little business is shown in the grain trade here or elsewhere in th.e l-'acifie northwest. The extreme scarcity of tonnage and the. exorbitant freights asked, together with trie in ability of buyers to induce country holders to accept prevailing export prices, combine to force extreme aull ness here. While there Continues an extremely good cash situation aDroad, no late purchases have been reported of car goes in the Pacific northwest. Oats holdings in the interior are showing smaller than expected, even a few weeks ago. While it is true that the Willamette valley has quite lair stocks, still there is little dispo sition in any quarter to do business. The freight situation is the dominating factor in that line, as well as in wheat. CLOVER SKED Buying price: Nominal No. 1, uncleaned, llj3M2c; ordinary 11c pound; alsike. 11c. FLO UK Selling price: Patent. $7; Willamette valley. $7; local straight, $6:50; bakers', $7.00 7.20. HAY New crop, buying price: Wil lamette valley timothy, fancy, $12.50 sx;13; eastern Oregon-Idaho fancy tim othy, $15; alfalfa, $13.00-13. oo; vetch and oats, $11; clover, $8t9 per ton. GKA1N SAJCKS 1916 nominal, .No. 1 Calcutta, $6. M1LLSTUFFS Selling price: Bran, $27; shorts, $29. KOL.LEL BARLEY Belling jrice. $32u;33 per ton. Spot bluestem bids on the Portland Merchants' Exchange were unchanged today, fortyfold lc, club c, red Rus sian l'ic and red fife 3c a. bushel lower. Market on the exchange was quiet, due to the shipping situation. Hales for the day included: 5000 bush els Aprir fortyfold $1.4.2, 50V0 bushels April fortyfold $1.41, and 5000 bush els April club $1.40. Oats Spot bids were unchanged with no sales, while barley bids were 50c a ton lower. Merchants Exchange spot prices: WHEAT Wednesday Tuesday. Monday. Bid. Ask. Bid- Bluestem Fortyfold .$1.41 $1.43 $1.41 $1.43 . 1-.40 1.41 1.39 1.41 uiuo , lied Russian Red File.... Feed 1.3SH 1.41 1.39 1.8 1.28 l.;;4 1.3(1 1.31 . '1.30 1.35 1.33 1.34 OATS .33.50 34.25 33.50 33.SO BARLEY Feed .. Bran . . Shorts . .26.00 28. SO 28.50 MILLSTUFFS -2:iOO 24.75 22.00 .23.50 26.50 23.00 26.50 20.00 21.O0 Futures were quoted: WHEAT uld. .$1.42 . 1.44 . 1.41 . 1.43 . 1.3 . 1.42 . 1.30 . 1.32 . 1.31 . 1.35 Ask. $1.44 1.45 1.42 1.45 1.41 1.43 1.35 4.37 1.37 1.39 34.75 35.25 28.25 25. OO 24.50 April bluestem May bluestem April fortyfold May fortyfold April club May club - April lied Russian May Red Russian April Red Fife , May Red Fife OATS .33.75 34.50 April May . FEED BARLEY April 27.00 May 28. OO BRAN April 23.50 May Is Pounded in Chicago Wheat Pit With Erratic Trade Chicago. March 17. May was pound ed In the wheat pit today and was the principal point of attack for the bear clique. Market for May opened at a loss of 2c and closed a cent below this. July was off but c at the open ing, but closed 2c off. September was the strongest option at the clos ing, with a net loss of but c. Quite a fair showing of strength was shown in the May after the first at tack, the high point being reached an $1.57, or but "jac below the finals of yesterday. Broomhall cabled from Liverpool that wheat opened steady, with firmer La Plata offers, but later eased on bet ter political news. La Plata offers became easier after early firmness, and both winter and La Plata sold at 3d decline from yesterday. Easier American cables, more favorable re ports of the progress of the allied fleet in the Dardanelles and the expectations of larger La Plata shipments this week; serves to temper sentiment, and the market was quiet, but inclined lower. Range of Chicago prices furnl Overbeck & Cooke -company. Board of Trade building: shed by 216-217 WHEAT Open. ' - High. Low. Close. May ..... f 1.55 $1.57 $1.53 $1.54 July ..... 1.23 1.23 1.20 1.21 B Sept. ..... 1.08 1.10 4 1.08 1.08 CORN May 74 .74' i ;J73 .78 A July ..... .78 .76 ' .75 .76A ' OATS May , 59 .59 ? JS9 .59A July 54 .64 .53 .63 A PORK Kay .... .17.70" 17.75 17.65 17.57 July 18.20 18.20 17.87 1S-O0 B LARD ' ' May .....10.80 10.62 10.52 10.60 B July i..,. 10.80 10.85 10.85 10.85 B RIBS , ' -J May ".rc.l0.1 10: 10 1O.02 10.05 A July .....10.42 10.42 lO.Sj 10.37 T San Francisco Potato Market. San Francisco, March 17. Potatoes Per cen tal. fiaUnu S1.50il.7Bl rtmr. SLOnai.SK. THE PACIFIC E Tl VERY RISKY BUSINESS FOR ALL CONCERNED California Cured Fruit Exchans Sends Monthly Review Situation Low Prices . fered fo- Contracts. of the Hire Of- In the regular monthly review of the dried Iruit market the California Cured .Fruit Exchange has the following re garding prunes which is interesting at this end of the line: i "Inquiries are being made fof prices on 1915 crop prunes and we under-, stand that as low as 3c bitse has been offered and some sales, we are informed, have been mfe.de tit 4c base on 40s to 70s. But this' lay an uncertain and dangerous business, as no one can tell what the f utifre will bring forth. It is a gamble, pure and simple,, on the prices prunes will sell for when dried and ready for consump tion. The buyer is taking his' chances of the market later being hig'jier and giving him a profit; the growetr, when he sells, practically says the market will not be higher. It is a pernicious practice; aside from the moral aspect of crimes of this kind, which-iare bad enough, the effect upon the "gcowing of fruit cannot help being injurious, and it is injurious. k "Growers as a rule know bow this works out. If the market is lower they will nearly always have trouble in making their deliveries and those buy ers wno do accept the goods will be much mote exacting in their (require ments. If, on the other hand, the market Is higher, deliveries of nearly everything that looks likei fruit, whether in good or bad conditio, may be admitted. Whichever way. it goes either one side or the other! is dis satisfied. "We are all familiar with the means employed by buyers of dried fruit to bid down the market j?rlce in (Califor nia if they are still short at a lower price than they can buy for, which is also another feature of the gamble that- loses to the growers of prunes and other fruits, and to the state also, a large amount of money year after year. It Is much better not to speculate, but to take the average of the markets, which the growers can do by cooperation and marketing their own fruits. "So one is able to tell when the lowest point in the market has been reached. No one can tell when the highest has been reached." By coopera tion and pooling the fruit you always get an average and do .not have to worry as to when is the right time to sell." ' Hood River Wants To Go Alone as the World's Very Best Hood River. Or.. March 17. V. S. Davidson, chairman of the board of directors of the Applegrowers' ' associa tion, discussing the stories appearing in the newspapers relative to the ac tion of the board of directors in refer ence to their attitude toward the North Pacific Fruit Distributors at a recent meeting, stated that erroneous impres sions were being made relative 'to the board's action. Mr. Davidson said: "We want it understood that the board -of directors of the Applegrow ers' association, at their, recent meet ing, did not commit the association on the matter of withdrawal from the Distributors. It is not within the power of the board of directors to do so and must be done by a vote of the members of the association. The members alone have the power to de cide this matter. The board, in view of recent developments, thought it best to establish its own sellina agency this year on the ground of economy and in order to better pre serve the identity of the Hood River fruit and the reputation previously es tablished for the Hood River fruit products. "The board of directors - have no fault to find with the services ren dered the local association by the Pacific Fruit Distributors during the past year, and its recommendation that the association organize its own sell ing machine this year was not based upon any dissatisfaction, with the Dis tributors, but with the belief .that some savjnp could be made to the growers of the Hood River valley and its fruits advertised more efficiently from a local standpoint. Circular . let ters have been mailed to each member of the Applegrowers' association to day to consider the matter of with drawal from the Distributors so that they can vote intelligently on the mat ter at the meeting in April, when final action will be taken, and if the grow ers vote to continue with the Distrib utors through the season of 1915 the board will follow their instructions. "I am not prepared to state what the attitude of the association will be to ward the growers' council and execu tive committee of the council recently organized in the event of the with drawal of- the association from the Distributdrs. Meetings will be held at the different points throughout the Hood River valley, and it is . expected that all these matters will be dis cusse'aprior to the annual meeting in April. ' , "H.. F. Davidson, president of the North Pacific Fruit Distributors, and also, a member of the board of direc tors of the Hood River Applegrowers' association, and C. W. Hooker were not present at the board meeting. "The fact of Oscar Vanderbilt's not being nominated at the primary nomi nation election held last Saturday by the association to serve 'on the board of directors and his refusal to so serve had absolutely nothing to do with the action of the board of directors in the matter as stated in the newspaper re ports." - U. S. Government New York, March 17. bonds: Twos, registered ' do coupon Threes, registered do coupon Fours, registered do coupon Twos, Panama Twos, 1938 Bonds. Government Bid. Ask. 98 99 98 98 101 101 109 110 98 9? H 110 iio' Expect War Will Force Advance in Price of Mohair TJallar. Or., March 17. C. S. Grant, presi dent of the National Mohair Growers' asso ciation, has just completed sheartrte his Croats and reports the clip the best he has eyef had. averaging six pounds to the fleece. Owing; to the European war interfering with bringing out the product from Turkey and South Africa, it is expected that the price of mohair will be the highest ihls 3car that. It has been for many years, " - . 1- - J Omaha Hogs, $6.60. 4 South Omaha. March 17. Cattle 4300. Mar ket mostly 10i?15c lower. Steers f7.50QS.30; cows and heifers. $5.757.00. Hoc-s' 13.30O. Market 10c lower. Bulk, $6.55St-60: top, 8.60. Sheep 4500. Market - steady. Tearllngs, $7.756i8.00; wethers. fS.75.0; lambs, $9.50 9.80; ewes, $7507.73. .laiaaaaMaaiBWBMaMk . .. - ' 1 ' San Francisco Pairy Produce. Saa Francisco. CfeL, March 17. Egrs Ex tras 20c; pullets, lSc Butter Extras 22c; prime firsts, 22c; firsts. 21e. Cheese California faacjr 10c; OrsUr So; PRUN CONTRAC ING NORTHWEST SWINE, PRICES ARE FIRM HERE IN THE EAST LOWER North tho tor Portland Is Today 70c Over Trade Tops- East of the Rockies Montana Hogs and CatUe Are Coniiug to City. TODAY'S BOO XABKST. Tops. .S7.60 . 6.90 . 6.87 Va Portland Kansas City Chicago Denver ..... 6.75 Omaha 6.GO PORTLAND LIVESTOCK RUN Wednesday HOLDING 613. 78 2 21 72 939 814 .. 1088 139, 5 1 BOS 128 H 82 82 .'.. STiO 3 .. 4 ti38 li4 . . 1605 Sii8 64 18 18 34: 132 6 48 i uesaaj Monda Saturdai Frldsj Thursday W eek I ago. Year go... Two Sears Three Montana hogs and cattle came for ward to the North Portland yards to day. Despite the weaker feeling gen erally in the swine market at eastern stockyard points today and the lower ing f prices there, local bog market conditions continue very favorable with! tops selling again at extreme prices and demand even better than volume of offerings. Sales of top hogs were again at $7.60! In fthe local yards today, all of the bette'r class offerings going at that brice the first thing in the morn- ing. At Chicago there was a weaker tone In the hog trade with values off 5c to 10c and tops down to J6.87. Kajnsas City hog market ruled weak er with a loss of a dime and tops dowii to $6.90. Gelneral hog market range: Best liatht 7.6O Medium light 7.357.50 Good and heavy 7.0007.25 Rouih and heavy 6.85 7.00 Stoccers t 6.50 4i 6.75 . Top Cattle Art Scarce. Real toppy stuff has not been very liberally offered in the North Port land cattle trade recently. Good stuff is still showing a very fair demand with values for pulp or grain fed stuff as high as $7.75. Most of the ar rivals recently in the local yards have been either poor or just ordinary quality. At Chicago there was a slightly im proved trend in the cattle trade with values a fraction better. Kansas City cattle market was stronger with an advance of a nickel forced over yesterday. oenerai cattle market range Select grain fed steers. $7,607.75 Hest hay fed steers. . , Good to choice ...... Ordinary to fair Best cows Good to prime ..... , Ordinary . Select calves Fancy bulls . .. 7.2o 7.55 ... 7.007.15 . .. 6.50(15.60 ... 6.406.65 . .. 6.00 6.25 . .. 4.00 5.00 . .. 8.0048.50 6.50 6.00 Ordinary. 4.00fi5.00 While a few head of mutton earns in this morning from a Willamette valley point, there was nothing offer ing on the general markat. Conditions are naturally very stroifg all through the sheep and lamb trade here, with former extreme prices still available for quality stock. At Chicago there was .a weaker tone In the sheep trade, with a loss of 10c to 15c from yesterday. Kansas City sheep market ruled weaker, with losses of 5c to 10c. General mutton trade ranee:" Old wethers $ Best yearling3 ' Best ewes Best east of mountain lambs 8.80 7.5C 7.75 6.75 8.85 Valley light lambs 8.50Sj8.75 Heavy light lambs 8.008.25 Today's Livestock Shippers. Hogs F. B. Decker. Silverton, 1 load; William Block, Suver, 1 load; Robert McCrow, Goldendale Wash, 1 load; A. B. Conrad. Culliston. Mont., 2 loads; Huntley Mercantile company, St. John, Wash., 1 load. Cattle H. Land company, Dilman, Mont., 2 loads. Cattle and calves A. F. McFee, Ridgefield, Wash.. 1 load. Mixed stuff F. B. Decker, Gervais, 1 load cattle, hogs and sheep. Tuesday Afternoon Sales. ' CALVE3 Section. . No. Are. lbs. Oregon 1 160 HOGS Price. $s.oo Oregon Oregon Oregon Oregon 154 liVt 211 480 $7.60 7.60 7.0 6. 60 6 1 Wednesday Morning Sales. STEERS No. Are. lbs. . ., 2i 1035 . 24 1011 4 uin cows Section. Montana . . Montana ... Uoutana . . . Washington Washington Price. 7.23 6.83 6. 25 $0.75 6.50 $7 .GO 7. HO 7.60 7.00 7.60 7o 7.J0 7.00 B.75 6.73 .J H.60 6.00 1 850 1 7S0 HOGS' Oregon Oregon Washington Oregon Washington Washington Oregon 97 185 162 2) 2U2 2M 32 SW lar. iu io 42 ;sji 530 87 88 1 5 2 Oregon Oregon 5 Oregon. .'. S Oregon 5 Oregon 1 Oregon 1 San Francisco Grain Market. San Francisco. March . 17. Barley calls: March 17 March 16 Open Close Close May $1.34 $1.34 B $1.34 A Dec, 1.33 &B 1.36A 1.34B Spot quotations: Wheat, Walla Walla, $2.40(&2.42; red Russian, $2.4 2.42; Turkey red, $2.45 2.5o; blue stem. $2.502.55. Feed barley, $1.35 1.37 J. White oats, $1.7701-80. Bran, $26.50 27.50, middlings, $31 32; shorts, $28.500 29.00. Various Wheat Markets. Paris Wheat closed c higher. Liverpool Cash wheat unchanged. Omaha Cash wheat 3c lower. Minneapolis Wheat closed: May, $1.46; July, $1.4014 1.40i. . Duluth Wheat closed: May; $1.49; July, $1.44 1.44. Winnipeg Wheat closed: May, $1.52B; July. $1.51. Oats: July, 65B; May. 65B. St. Louis Wheat closed: May, $1.41.50; July, $1.17jB. Seattle Dairy Produce. Seattle. Wash.. March 17. Kgga Select ranch, 23 24c; cheese, 20c. , Butter Washington creamery firsts, cubes. 29c; brick. 30c; city creamery brick, SOc; -California cubes and bricks, 29c; Oregon 29c. Cheese Oregon triplets, 13Hc16,ic; young America, 18sil9c; local creamery bricks 16c; Wisconsin bricks, 19c; Wisconsin twins, 17c; Wisconsin triplets, 18c; Washington twins, 16c; New! York, 20e. Coffee Market Higher. . New York, March 17. A further advance of la shillings In London elec troytic quotations' to 72 pounds 5 shillings was apparently reflected in New York where quotations of 15 to 16ic were current, although the large agencies still refuse to make a price. New York Cotton Market. Open. High. Low. Close. January . .... 982 May .......... 899 903 893 893 July .......... 830 932 922 923 October ........ 961 961 952 964 Docsmbar --.. 977 : 979 972 972 WAR SUMMARY BY J. W. T. MASON : ' ' r. i , . Former European Manager o i the United Press.. New fork, March 17. If Italy en ters the : war on the side of the allies It is not' probable that tbe government will consent to the Italian army being placed at the disposal of the joint gen eral staff. Italy's belligerency will to for the paramount purpose of seizing Austria's western provinces .and sec ondarily to protect Italy's interests in the near east. Italian troops, -therefore would not go to the relief of the allied armies, although a small detach ment misht be dispatched to demon strate a theoretical unity of interest. Italy's Immediate strategic object, if she goes to tyar will be to seize Trieste. The capture of Trieste would carry with it command of the penin sula,' which is one of Italy's lost prov inces so ardently desired. After sub duing Istria it is possible the Italians would be indefinitely halted. The rest of the Austrian frontier is mountain ous and easily defended. If the Alps proved r too difficult to scale, Italy doubtless would concentrate her at tention on Dalmatia and rest content trying to make the' Adriatic an Italian lake. ! Italy's chief aid to the allies would be similar to the kind of help Russia is giving France and England. - By engaging a large Austro-JSerman force, Italy would lessen the ipower of the defense of the Teutons in France and Flanders. Germany would be handi capped, being compelled to divert much ammunition for Italian , fighting. Italy's- participation, however, would not crush Germany, unless there , Is another Napoleon among the Italian commanders. No evidence of his pres ence appeared, however, i in the recent campaign in Tripoli. i Richard George Davey, Clatskanle, Or., March 17. Richard George. Davey died here late last night, at the' age of 76 years. He was a pioneer, having crossed the plains pin 1864 from Illinois. He was born in County ; Kent, England, coming to America at the age of 16 years. After coming to Oregon helived for several years in Portland and ! vicinity, lie married Georgia Ann Aleggs at Beaver ton, Ori, February 7, 1870. Seventeen children were born to them, 13 of whom, With the mothers survive. All were here to attend the funeral, which was held in the Presbyterian church Tuesday, the pastor, Rev. B. T. Smith, officiating. For many years Mr. Davey followed the fishing industry on: the Columbia river. For several years past he had lived quietly in Clatskanle, working in his garden as his health permitted. Jerry Blakesley of Baker. Baker, Or., Iarch 17. -Jerry Blakes ley, aged 58, died suddenly fet noon Sunday at Whitney, where he" has re sided for the last 20 years. He has followed- lumbering the greater part of that time, being in the employ of soma of the big lumber - companies .operating in that vicinity, and for a time engaged in business Tor himself. He was unmarried, his only relatives living in Iowa. The remains will be eerit to Iowa for interment. Mrs. Delia Lucas-Talbot. Walla Walla, Wash.,! March 17. Mrs. Delia Lucas-Talbot, aged tss ! years, pioneer of this section of the j northwest, died here early yesterday j morning following an illness of several I weeks. Mrs. Talbot was a native of ) Boston and came west in 1863, settling ! in California. She came to Washing I ton 20 years later. She leaves three 1 sons and three daughters, all of whom i are grown. The funeral was this morning. - ' j Dividend Payments Prove Only Matters Of Interest Today New York. March 17. Aside from the declaration of the; regular divi dend payments by both Reading and Lehigh Valley, , there was little of interest in the stock market today. Trading was very slow.i with only 76. d00 shares sold up to 1 o'clock. Gen eral market was advanced a fraction at the closing. Regular dividend was declared to day by the Pacific Telephone and Tel egraph company. Range of New Vork prices furnished by Overbeck & Cooke Co., 216-217 Board of Trade building: - OK8CK1FT10N lOuen 1 Hlgbl lxw iCloe Atnalgamted Cop. Co... .54 27 '4 54 27 H ' VVt M 67 1 41 4 58 V, -SQ 1594 54(4 27 Mi 4 hi 120 26 96 68 40 67 K6 158 54 27 '4 120 26 66 67 41 58 6 15S 33 86 124 ::5 115 11 6 23 37 32 115 28 12 59 136 112 10 10 12 51 83 24 102 18 105" 17 143 :s 15 48 28 120 79 13 44. 104 52 04 American Can, c American Can. f.. American Smelt, c. . ... Am. Tel. & Tel Anaconda Mining Co. . . Atchison, c Baltimore 4k Ohio, c- Beet Sugar Bethlehem Steel, c Brooklyn Rapid Transit Canadian Pacific, c... . Cntrsl Leather, c Chi., M. & 8t. P Chi. & N. W.. C Cbino Copper Consolidated Gaa Corn Products, c IKnver tc R. il., c Erie. c. Erie. 1st pf 64 120 Vi 26 Vs IKS 06 i 40 5S S6V4 138 V4 124 V 124 :--35U 124 35 35Vs I t '22 32 , j. 5M'4 135', 2:t 37 , K2li 22 82 G, Northern, ore lands: G. Northern, pi Ice Securities Jnt. Metropolitan, c. . . . Int Metropolitan, pf.. Ihigh Valley L. Sc. N' M., K. & T., c Missouri Pacific . ... Nerada Consolidated... New Haren New York Central N. Y., O. & W Northern Pacific, c... Pacific Mail S. S, Co. PennfyWania Railway. Ray Cons. Copper. . . .t Reading, c Southern Pacific, c Southern Railway, c Southern Railway, pf. Tenn. Copper.. Union Pacific, c Union Pacific, pf V. H. Rubber, pf U.H- Steel Co., c... U. S. Steel Co., pf Utah Copper W. V. Telegraph. ..'.. 12 12 514 lias 104 .. 10 .( ... .1 143 I 83 Mi 144 S3, 142 83 119 Jl 44 62 64 Vfc 45 52 4 44 52 04 Ex. dir. 1 per cent. NORTHWEST BANK STATEMENT Portland Banks. Clearings Vhls week. Yesr ago tTiulnMiliV .? HHOa:'MT,7 f 2 4 IT?T XS1 'Tuesday 1 .998.340.57 2.534.U24.74 Monday , 2,030,821.28 3,000.570.16 Seattle Banks. Clearings . . . Balances .... . .$2,824,495. ... U54.23U.00 Seattle Potato Market. ; Seattle, March 17. Potatoes Early Rose seed, S45 ton; White Rlrers. a riots. $15ijl0 ton; Gem Fancy, $23&24; Yakima Burbanka. $25; Florida new, S3.25&3.50 per hamper. Onions Oregon $1.25 per cwt.; local, $1 per cwt; Walla Walla $1 per ewt. Denver Hogs Weak. Beher. Colo.. March 17.-K.'attle 1000. Mar. NORTHWEST DEATHS ket higher. Beef steers .504i7.23: cows and heifers. $5.00&S25: calves. 8.00 10.25. Hogs 1100. Market weak. Top $6.76; bulk 18.552.70. - - 1 Sheep 300.. Market steady. . ;" 1 . - f J GENERAL BUSINESS NEWS lwiimDer x ara Business inrougnout country ana Noticeably in the Pacific Northwest Shows Gain and Dealers Are Paying Advance in Price PORTLAND CONSERVATIVE, SAYS BROKER Building' Activity Ssnswsd. Marked improvement in the lumber business affecting - yards throughout the country is noted by. C. C. Crow, a Portland lumber dealer. "This in crease ia particularly evident, not only in the east and middle west' but in the states of the Pacific northwest," said Mr. Crow. "Lumber yards are taking more stoclt'now than they were a few weeks ago and the indications of a- resumption of business in that line are. apparent. This situation, which pertains chiefly to the con struction of3 dwellings and other frane buildings, is all the more satisfac tory from the fact that there has been an increase in prices. Dealers, fur thermore, . are perfectly, willing to pay this- Increase. The lumber- yard business is confined largely to every thing used in the erection of frame dwellings. The volume of the orders from the railroads ought to be larger at this time than it - is. A num ber of substantial orders have been placed, deliveries of heavy bridge stringers and ties having been made within the past few months. I look for, an improvement in' this line of business in the near future, however." Irrigation Project Bushed. "With a force of 75 men at work on the Bully Creek Irrigation project at Vale, Or., it is expected that the pro ject of building flumes, etc.. will be completed in time for delivery of water for Owe first unit of 6000 acres by this spring. The dam for the un dertaking is Bald to be the highest in Oregon. Rotary SCoof Trimmer Invented. .An ingenious rotary - hoof trimmer has been invented by J. Si Woods, a blacksmith of Vale, Or. The new pn does away with the old fashioned horse rasp and hoof - ripper. It can be employed to good advantage for any kind of wood work, neces sary in a blacksmith shop and for machine work, it Is declared.' The device also has a" brace and bit at tachment for boring holes in engines for stud bolts and for boring screw holes : in buggy beds. A number of large eastern manufacturers are said .Thaw Is Directing . Fight-for Freedom Habeas Corpus Petition Hearing Prob ably Will Be Postponed for , Pew Days; "Will Go to Supreme Court, j New York; March 17. From tbe Tombs, Harry K. Thaw is directing personally the next move to be made by his attorneys in the legal fight to establish his sanity and gain his free dom, According to present- plans, Attor ney John B. Stanchfleld will ask State Supreme Justice Bijour on Friday to postpone for a few days the hearing on Thaw's petition for a writ of ha beas corpus to permit counsel to sub mit supporting affidavits and briers. If this request is granted,- the court will then be asked to set a date within a month for a. trial before a Jury. The state Insists that a Jury trial is illegal in the case of a man already declared and committed as Insane. If Thaw loses this fight he will, seek a writ of habeas corpus in the United States courts, with a view of appeal, ing ultimately to the supreme court of the United States. MOTHER OF PRINCESS DIES Santa Monica, Cal. March 17. Mrs. Laura A. Calhoun, authoress, of New York and San Francisco, .and mother of the Princess. Lazarowltch, pf Ser bia, died at St. Catherine's hos pital here today, aged 68 years. ; Mrs. Calhoun came here from. New York several weeks ago suffering from a complication of diseases. . Mrs. W. Hf.. Anderson, of Santa Monica, a daughter, was at her mother's bedside when the end came. NEW SUITS FILED Alleging that he, was serlous- i.. whn Vi1 far hit a double train on the A91berta line at Kast Twenty-secona street, jviarcn is, 1913, Charles E. Sutton, a former con ductor for the P. R. I & P. company, yesterday filed suit against the com pany for $5500 damages. . The largest sponge" ever found came from the Mediterranean. .It was three feet across and measured 10 feet In circumference.; - Overbeck & Cooke Co. Stocks, Bonds, cotton. Grain, Xto. 216-217 Board of Trad Building. DIRECT PRIVATE WIRES TO ALL EXCHANGES Members Chicago Board of Trade. Correspondents of Logan &. Bryan. Chicago. New York. We Make MORTGAGE LOANS Promptly, in Large Amounts, on Improved Realty Capital and Surplus $600,000 LUMBERMENS TRUST COMPANY Comer Fifth and Stark j Ladd & Tilton Bank Established 1859 CAPITAL AND SURPLUS $2,000,000.00 Commercial and Savings Deposits u - to. be in communication with the n-. ventor regarding the patent. Portland Conservative City. Portland la a conservative city pat terned after Philadelphia and Uoston. according to the ImpresHlonu- gained by Walter M. Kendall, for six years manager of the stock and bond de? partment of the Henry Waterliouss Trust company, of Honolulu, who has recently coma to .this city to become . associated with the Wilfred Shore Company, of Portland. Mr. Ktndall finds many ready purchasers of high class eastern bonds for as low as 4 and 4 per cent. He attributes this fact to the general easing of the money market throughout the east. Information .Regarding Foreign Trade. I Officials connected with state bu reaus of leRislatlve reference, and with libraries which are assembled for the use of particular industries or businesses, ihate brought together in One number' of a cooperative maga aine which" they publish a series of bibliographies and other data regard ing sources of information concerning foreign trade. There is a short list of books wh4ch deal with Latin-American trade, a list of the ofilc-ial pub lications in which the statistics of trade appear ; in each : country, a list Of articles and books relating to the effect of the European war on the trade of the ! United States, lists of commercial . year-books, etc. Trad Commission Data. I In preparation for the organization of tbe new federal trade Commission the bureau of corporations has assem bled general data for about S)0 per cent of the industries of the country, with considerable detail in the case of 20 important industries. About one-third of the 6500 corporations en gaged in interstate commerce, having stock and bonds outstanding to" the extent of $1,000,000 or more, and of the sort thut will come within the Jurisdiction of the federal trude coin mission, have voluntarily, in re sponse to a request, submitted reports which indicate tlielr' organization, fi nancial' condition, etc. There lias been prepared a card index of the directors of the principal corporations engaKo-d in industry, transportation and other public utilities, insurance and banking. Only 3 Out of 36 - Amendments Pass People of Baa rranciseo Hit Proposed Cbang-es - In Charter Hard- Blow In Tasterdsys Election. San Francisco, March 17. Voters' of San Francisco were In a nt-gatlvi tram bf mind yesterday. ' A count of the ballots in yesterday's election showed that of . 3ti charter amendments submitted to the people, only three were passed. The amend ments passed were IhoJe abolishing the tax limit of one dollar, permitting Su perintendent of Schools Roncovlcrl Vote on the, school board, and that in structing tire city property clerk to de stroy deadly weapons taken froui pris oners. : The amendment authorizing the su pervisors to levy a tax for publicity purposes was overwhelmingly defeated. WE HAVE BEEN TO THE Expositions ; at '.'San Francisco and San Diego and arc in position to give the public reliable and helpful information. If you are contemplat ing Going East we 'will arrange an enjoy able trip through Calif or nia with stop-overs to see the Fairs. Two routes: Via El Paso and Golden State Limited; of via Colorado and Rocky Mountain Limited. LOW FARES FAST TIME RAIL OR STEAMER i Tickets, Reservations, Etc., , M. J. GEARY, .General Agent, Pass. Dept., Ill 3d St., Portland, Or. Phones: M. 334, A-2666 MsjaaaaaaaaaaS !mi' 'SBBBBBBlBJI -1 . "