THE OREGON SUNDAY, JOURNAL, 1 PORTLAND, SUNDAY MORNING, MARCH 21, 1915.
9
I 'III Mm. . I II
LURUrL
LACK OF SHIPS IS THE
Aaiai-v.aa m a A, A
uNltUhAWdAuA IUA
BIG WHEAT MOVEMENT
Inability of Exporters to Secure
Vessels at Adequate Rate Cause
of Lower Bids on the Local Ex
change During the Week.
Bid prices for wheat showed a
downward course for spot, delivery
at Portland during the week. This
loss 'was not due. to any lack of
strength In the 'world's wheat situa
tion, because Europte was even mors
eager than during ; recent weeks to
take hold. The price of wheat was
held hack by the lack of shipping fa
cilities and the extreme high price
aak"d for charters.
At the recent price that wheat car
Roes sold at in -the Pacific northwest,
the foreign markets are at present
within a mere fraction or two of the
ofttremo price s,reei - a. few weeks
aso. .- ' - -1 - : -..
Seemingly the Influence of the Dard
anelles is fading or else -has been more
than (discounted. -The fact remains
that not only is there an excellent
demand for wheat '-from Europe but
prices offering: are even better than
when the campaign against the Turk
ish forts guarding; the. narrow water
. passage . started,
AH grains Ara Wanted.
' Not only la Kurope-a very strong
Didder foi- wheat supplies here ana
elsewhere, but the call for oats is
very good and purchase would be
showing a, liberal volume were it not
for the fact thfe. ships are so scarce
and charter prices exorbitant.
Practically all of the recent im
provement in the price of wheat and
other cereals has been absorbed by
the' shit owners who are squeezing
every possible nickel out of ; produc
ers. Lack of American ships Is espe
cially a detriment to the grain trade
at thin time and its cofting cereal
growers of the United States many
thousands of dollars-weekly.
Barley demand from abroad Is quite
fair but business is limited for ex
actly the same reasons as in wheat
and oats. Atlantic seaboard points
were asking about our barley during
the week but no actual business was
confirmed because prices in the east
are not yet high enough to absorb
the high freight rate from the coast.
Whole Trade Is Erratic
A Chicago mall advice says the ex
traordinarily erratic . movenjent of
wheat reflects the complete uewilde,r
' merit of ;the trade as to how the nu
merous conflicting Influences will
work 'out between now and the end
of the crop year. July 1. The. past
week's recovery' had a tangible ' enough
basis. Exoortcra gav that a 15.000.-
000 bushel order for cash wheat, re
cently received from Italy, has .ac
tually been filled in the past three
weeks; purchases having been made at
about 1.000.000 buxhels a day. Hard
wheat. Duluth . spring., and ManitQbas
have been taken. What puzzles most
of the trade, indeed, - is w-here the
wheat reported each day by the sea
board as having been sold for export.
is secured, tnioago exporters ana
rash handlers have done only a little
'business: supplies were scant and
the farm movement only moderate.
X-eaa .Wheat Than 1913.
'The recent government farm re
serve figures, as of March 1. served
merely to emphasize the remarkable
aspects of the situation; especially the
unprecedented draft on 'our wheat
supplies since the, European war he
Kan. With a wheat crop 128.000,000
DUsneis larger man line previously un-
paraiteiea crop or hujcks in inia
-country oft March 1 -were apparently
6.266.0t0 bushels 'less than a year be
fore. The government's figure of lu'J.
903.000 farm reserves was slightly
more than a million bushels above the
preceding March estimate, aJia the
.93, 602. 000 bushels of wheat and flour.
points in the United States, fell 7.S00.
fion hrtKheln short of 1914. -This, to be
sure, leaves us at present not mucn
worse off than a year ago, but ex
ports are still running three . times as
large as at this time in 1914.
CLOVER SEED . BuyiBR price:
iji tuitary. iiu imjuiiu, amine,
- FLOUR Selling price: Patent. ,$7;
Willamette valley. i7; local straight,
$6.50; bakers' $77.420.
HAY New crop, buying price; "Wil-
1 ,j . nin:i,. 1 1
v.! IO, raomii v i im ibijvj ......
othy, $.15; alfalfa. J13.00W13.&0; vetch
and oats. $11; clover, $8W per ton.
' GRAIN HACKS ISIS, nominal. No. 1
MILLSTlTFFS-Selling price: Bran.
$27; shorts, $29. I
ROLLED BARLEY -T- Selling price,
o.iUO per j
WHEAT
rri.
Tbure. Wed.
, Bid
Tuaa.
4ron.
fehiMtem
11.37 $1.38,
I'ortyfold
.1.3 l.ST
J. 85
Bed Euaaiitn
1.25 1.2S
Bert Fife
1.27 1.27
$1.40 11.41
$1.41
1.89
$1.43
1.41
1.39
1.81
1.84
83.50
l.ss
1.40
1.88 1. 884 1.39
1.2S , 1-28V 1.S0
1.30 1.30 . 1.33
OATS '
83.00 33.50 8S.50
FKED BARLEY.
25.00 ra.oo 26.50
12.50 82.90
15.00 25.00
Bran
. S'.'.OU 23.00
BUorta
S2.M 22.50
S8.50
M1LLSTUIT 3
22.50 83.00 ' 22.00 20.00
23.60 23.50 , 23.00 21 .00
futures were quoted
. . WHEAT
April blueaiem. . . .y. . .e . .-.
Hav bluffieru
.April fortyfoltl . .,.
May tort y fold
"April club .-.
. May club
April Red Russian. ........ .
' Slay Ked Ruaaiau .........
April Ked Fife..
Bid. Ask.
.... $1.37 $1.40
...f, 1.40 1.41
. ..1.35 -1.40
..... 1.37 1.41
1.34 ' 1.37
1.35 1.40
1.2rt 1.30
........... 1.28 1.82
...-1.2s 1.35
,. I.o0 1.37
OATS
may tteu rum.
April
' Way
April
May . f. ....
April
33.00 83.50
........33 73 34.00
- FEED BARLEY
, 25.50 26.00
, . .-v. ..... .2.U0 27.00
3HAN
... 22.50 28.00
No Shipments of
Expected on Coast
Twelve carloads of onions were mar.
keted by the Confederate Onion
Growers' association during the week
with toe price : maintained at $1
rental country shipping noints for No.
1, Quite a number of orders havev al
ready been received for next week's
shipment at unchanged -rices.
Much No.. 2 and t3So. J stock is being
onereu; in xact, too mucn ror me
present trade to absorb. This is tne
only weak feature Just now. "
The real - strength of the market is
Indicated by the announcement that
no Australian onions are likely to be
received on the coast tms season.
TILNSPdLRTATIQN
STEAMSHIP BREAKWATER
, - -t . - J . - - -
Saila from Aiaswertn Dock. Portland. a. ra,
Friday. Freight and Ticket effioe, Aina-
I worta bocx. hon lin 600. A.8338. City
Ticket office, 80 bixUt st. Phone XarahaU
aoovi roruMJit m Uooa say s. H. i.mm.
IV f I 1 l I I . v 1 1
VVMIN I O VV SI ELM I
EY SITUATION IS
F EASIER WITH A
MUCH SMALLER CALL
Call for Commercial JSeeds, la Cur
iaiJed War Creates Erratic
jTone in JJnpinoss World Busi
ness Slow, bjut Sound.
Henry Clews, New York Banker.
.The money irarket continues easy,
mainly because of slackened commer
cial requirements, the rates for time
money and commercial paper' being
lowferj even than a year ago at this
tinie.f The surplus bank reserve are
larfce, amounting to $129,000,000. There
haVe been no fui ther gold Imports this
wekj although our merchandise ' ex
porta: continue to show a heavy excess
oveir Imports. Foreign exchange i un
settled, with rakes showing a down
ward! tendency ojwlng to persistent re
ports! that foreign governments intend
to establish large credits on this side.
There has been ia decided increase in
thei supply, of financial bills, resulting
from! transactions of the -Swiss, Ger
man and Italian governments.
The supply of commercial bills Is
somewhat uncertain owing to the vio
lent changes -in the character of our
export trade. Shipments of food
products 1 continue on; a very liberal
scaled being quite' sufficient to offset
the, declines in j cotton, oils, lumber,
etcJ iThere has also been a very large
increase I In thie shipments of steel
manufactures arid munitions of war.
The continued excess of exports, which
is being accelerated by a heavy decline
in imports, . is rapidly turning! the
United States-into a creditor nation.
Thei debt: which Sir George Paish re
ferred to last autumn has already been
paid,; and instead Europe is getting
more and more into our debt. We are
Eteadiily buying less and selling more
as a result of th war,
I I ; Tourist Money Sared.
Our interest payments, which, used
to be about $350000,000 annually, will
be reduced by thie return of securities.
The remittances! by aliens to their
friends in Kuropie, which are large in
the aggregate, nave been cut down
materially. American tourists usually
spend over $300.p00,000 a year in Eu
rope, and this outflow will be stopped
this) season. Oijr ocean freight bill,
usually about $50. 000,000 annually,
will be smaller, because we only pay
the freight on iihports. If these i ten
dencies continue our foreign indebted
ness will steadily diminish; as Euro
pean capital is thus withdrawn from
the! United States, and will probably
not! return in hiaste, because of the
high rates it wild command there when
thei war ends and reconstruction be
gins., The war is revolutionizing our finan
cial relations wth Europe, and will
leav us financially independent in a
higher degree than ever before. Our
present loans are only war loans, but
they are of the greatest significance;
and pre long the American banker and
the American manufacturer will be
doing effective team work together in
the world's market. ' This means also
new i fields for -the American investor,
who is becomings j weary of the'ob
structive tactics of home politicians.
Basines Below normal.
The business situation continues un
satisfactory. The volume of trade Is
still I running below normal. Economy
is the rule in every direction and con
sumption ia checked. I Money is being
saved, while enterprise and initiative
are restrained by! tear. Our railroads
are doing less business than a year
ago, as demonstrated i by the increase
in idle cars. lhe 'steel Industry is
somewhat more (active, but production
is not gaining as rapidly as desired,
although the export outlet shows grati
fying gains. .
In, the textile Ifteld there Is a better
feeling. ; The distribution is gradually
widening and mill owners are less per
plexed by raw material and labor
problems than a year ago. In spite of
these drawbacks, there Is reason to
maintain moderately hopeful views.
Spring is at haijid, and with it comes
starting of construction work and gen
eral sectional activity.
Collectively oil business situation is
exceptionally sound. Spring is usually
a season of hopefulness, and were It
not ifor th war, a decided recovery
woujd probably feet in., In view, how
ever of the present uncertainty as to
endihg of the struggle, the disposition
is to maintain a conservative policy in
all business transactions. f
Portland's Gain Is
Greatest on Coast
In Apple Campaign
That the Hood River Apple Growers
association has round a method to in
crease the sale of apples was the prin
cipal part : of the report of A. W.
Ston. managed at the annual meeting.!-
The report speaks for the bene
fits! of advertising. The greatest gain
in business was made in this city. The
report shows: -
,4The following statement shows the
number of cars handled by the asso
ciation in the coast cities of Los An
geles, Portland fend San Francisco for
tluhyears 1913 bnd 1914.
he object of this comparison Is
to show the increase in the amount
of fruit sold in the coast cities in
which the association has made a spe
cial1 feature of advertising campaigns.
"There was an advertising campaign
conducted in. Los Angeles by Mr.
Hooker, and one in Portland conducted
by ; Mr. Cravenis. In San Francisco
there waa no (such campaign con
ducted. "Cars sold In Lbs Angeles, 1914
"Cars sold in Ljos Angeles, 1913
"Excess sold infl914
"Cars sold in Portland, 1914....
"Cars sold In Portland, 1913....
f "Excess sold J 1914. .........
"Cars sold in Sn Francisco. 1913. 185
"Cars sold In San Francisco, 1914. 82
"Ejsjeess sold j in 1913 : 103
While there were other conditons.
Mr Stone said.f than the advertising
campaigns which entered into the sale
of if ruit In these- cities, 4 yet the in
crease was so great in tne cities in
which - the campaigns were conducted.
and the decrease so marked In the
cities -, in which the campaign was
omitted, that the great value of the
advertising campaigns nave been dem
onstrated beyond a question."
. - i ' ' - I 1 1 1 ' . ..
CliAIM MUCH WHEAT LEFT
Walla WallaJ Wash.. March SO.
"There is lots 4f wheat unsold in the
Walla Walla valley," declared a well
known grain buyer; yesterday, "but
little 'is changing hands because of
thei slump in price. It seems td be
hutpan nature to hold for higher
figUres. even after quotations j have
soared almost to' unheard . of - levels
There are many growers who j would
jump a.1 rne chance now iu seu zor
$1.48.. which thjey were offered once
but) they show no' Inclination to' part
with their wheat for anything less
than what the were of fered several
weeks ago." ; The statement of the
grain buyer surts up. briefly, tha con
dition of the WjUla Walla market,- and
it is not belieted there will be any
sales worthy of the name until the
maraei oegins io snow new lire.
MON
SHAD
f I I I 1 I
Edited by Uyman H. Cohen.
CROPS AND
OF PACIFIC
: Berry Fungus Alarms.
The western Washington e: cperiment
station is receiving numerous com
plaints concerning the damping off of
plants-at I this particular tim of year.
"So frequent are these inquiries," said
H. L. Bees.l plant pathologiiit at the
station, ;that the station f :els war
ranted in making - an effort to reach
the growersj with information tending
to check the evil. . . i
"The rotting or damping off of
young plants in seed beds may be
caused by one or more fungi and the
climatic Conditions of weste -n Wash
ington are jvery favorable for J their
growth and ispread. The soil iri which
the seed are planted must be treated
because the sfungi causing damping off
live over jthj winter in the sail. Thts
can only done by sterilizing the
soil or submitting it to soene treat
ment which jwlll kill the f ung in them.
Shippers Were Impudent.
The "inside" history of how the
apple groweirs. of the northwest came
to organize ana what it means to tne
people of -the Puyallup valley was re
lated by W. H. Paulhamus to 125 busi
ness and professional men and their
wives from i all parts of the IPuyallup
valley, Tacoma and Seattle." who gath
ered at a banquet in Paulhaunus' hon
or in- the Puyallup Commercial club
last weeKi Air. fauinaraua :oia now
the idea of organizing the upple in
dustry camel to him by his getting an
gered at two impudent -letbira from
two easternLWashington selling agen
cies, and of how near to failure he
came in doing what many per sons said
was the impossible. -
: Potatoes Were Froze n.
Because; as he alleges, tle Coeur
d'Alene Mercantile company of Kel
logg, Idaho, and . Thomas Kcefer, its
agent and manager, store! 34,900
pounds of first class white burbank
potatoes in an unsafe place, and they
froze, August Larson, a Dudl y ranch
er, has plied that company and its
manager for $349 and costs.
Shoep Doing Well, j
K. O. Warner of Butter Creek, who
was in Pendleton Wednesday on busi
ness, says that the sheep aire doing
well this spring and expects good re
turns in lambs as a result ol careful
keeping through the winter, nccording
to the East Oregonian ;
i 1
Loganberries Pay Well.
D. T. Co'penhaver states that he real
ized $600 from two acres of loganfcer-
ries while
ilvinjr on nis place near
Springfield.
He used no fertilizer, but
was very thorough with his cultivation
All his berries were sold grejen. The
vines were s years om and
had only
ordinary caire,
Potato Planting Startt.
Potato planting has begun in; eastern
MultnomahJ Y. Fiiei. on Mim. Fritz'
place, is putting in ,40 acres of early
potatoes. ,He believes in the uto-to-datc
method, so is using a potato ; planter
recently purchased.
GiVe Kast a Treat
H. S.
Chicago
tSlle of Salem has
left foi
a1d
other points-
tv'h
ere he
win push i
tion of tfie!
the matter of the
introduc-
Oregon loganberry
He win
show the ni
lddle staters the
man
y dell-
cacies intp
which the berry
can be
made, and
ill leave nothing
undone to
reveal the
advantages o&
the famed
Oregon
pifdduct.
Kailfoads Eefusb
To Eecognize Old
Claims for Be pates
That claims against the I railroads
must be filed within a reasonable pe
riod alien neiivery oi gooos ,nas oeen
the decision of several courts. Re
cently the j rail roads have made a rul
ing to this effect and will in many
instances I refuse to even Investigate
complaints
In a letter to members of the Na
tional Association of Credit Men. Sec
retary Trefeoe saye that the attention
of the national office has bfen called
to the faet that railroad tomDanips
are refusing to pay or even'! investi
gate claims not presented in ' writing
within four months after a Reasonable
tlme,for delivery has elapsed, the rail
roads 'sustaining their positic n by ref
erence tot he uniform bill of lading,
recommended by the Interstate Com
merce commission, June, 1 908, and
adopted by practically all curriers in
official ahijl western classification ter
ritories a 8. la part of their tariff sched
ules. ; i . . ' i
"This rule," he says, "was generally
disregarded, however, leadiiig tb an
investigation by the commission, which
announced that after April 1, 1914; the
tariff provision of carriers j-especting
time of 'f)llng claims for osp , and
damage shall be rigidly adhered to, for
the commission found that the com
mon disregard of the rule had resulted
in widespread and serious discrimina
tion. "While tne commission did not pass
upon the question of reasonableness of
the limitation, the "four months' period-
has been upheld as reasonable by
court decisions, and it is safe to say
that the provisions of the uniform bill
of lading; where used, will be strictly
enforced.)
"Consignors should recognize ! the
fact that! title to merchandise passes
immediately upon delivery tq the com
mon i carrier, unless the terms of the,
contract I specifically provide other
wise or the goods are to remain the
property jqf the consignor even after
delivery. The consignee should be
made to appreciate the responsibility
that ' rests upon him of notifying the
consignor pf the non-receipti of goods
within a i reasonable, time after ship
ment. ' It I Is advisable for the con
signor to j notify the conslgfnee when
shipment is made, and If this precau
tion be taken the consignor will be
relieved of all responsibility, both
legal and t moral, for losses j resulting
from- failure of the consignee to have
non-dellyery or damage investigated
within the time limit oi tne pui or lad
ing." i i
I BRANDED BY LAW!
1 1 ii I ..i ii. in ' I I ii ' HTTf ii -' i
BUT SHIPS
MARKETS
NORTHWEST
' Fruit Industry Aided.
S.' V. Beckwith, manager of ' the
Bogus River Fruit & Produce compa
ny, returned from attendance at the
conference of deciduous fruit shippers
at Seattle, says; - , .
:i was very much impressed both
with the strength of the , movement
and with the spirit shown by the ship,
pers,, . of sincere and hearty Coopera
tion with the growers and their rep
resentatives, the executive ; committee
of the growers' league.
"Thig shippers' league Is. the direct
outcome of the growers' league re
cently organized at Tacoma. . It is
claimed that the growers' league is
representative of To per cent of the
tonnage of the northwest deciduous
fruits. The tonnage represented at
this shippers convention, 16,000 cars,
is certainly equally large. Combine
these two factors in- a" common ; har
monious effort to better market i con
ditions, and that is what this move
ment really means, ajid jrbu have a
force that, properly applied, could
accomplish tremendous results.
Sheep Shearing to Start.
Smythe Brothers, Arlington sheep
ranchers, expect to have 180r men em
ployed in a short time at lambing and
shearing in the camps near Arlington.
Lambing began today and Shearing
will be under way by April 6. The
firm expects the increase during the
lambing period to be 1500 lambs daily.
From 50,000 to 60,000 sheep will be
sheared in the Arlington plant during
the season. Clipping machines are to
be used' and about 2600 sheep clipped
each' day. Smyth Brothers have 20,0 J
ewes in the Arlington camps and 10,000
more in various parts of the north
west. ,
Yamiiill Farmers Busy.
Farmers throughout Yamhill county
are busy with their spring work, some
are -plowing and others are actively
engaged in pruning their , orchards.
Considerable sowing Is also being done
and farmers - have put in more winter
wheat than usual. The wheat is look
ing good. Fruit trees are budding in
fine shape and prospects for a good
crop, - unless unforeseen circumstances
arise, are excellent.
Dairymen will plant more kale than
usual and there will be more corn
raised, because several silos are being
erected.
The kale used as a winter forage is
mostly of 1000-head, variety and will
yield five and six tons per acre
Growers Want Uoahs. '
Dr. D. W. King and J. B. Adams of
Wenatchee, representing the Growers'
league; C. E. Owens of 'the Columbia
Valley bank; George Fisher of the
First National bank, and F. W. Shultz
of the Commercial Bank & Trust Co.
ae back from Seattle, where they sub
mitted a proposal to Seattle banks for
a 1 $500,000 loan on the 1915 fruit crop
ot the Wenatchee valley, the loan be
ing made to the Growers' league. The
matter is up to the directors of var
ous institutions.
Prunes' Too High.
According to an advice from Olyin
pia, no longer Is, the prune to be the
chief fruit .served at state institutions,
tor its place has been taken by the
peach, the state board of control de
ciding that when peaches can be
bought at 6 cents a pound and prunes
cost 9 cents, the state wards should
be given peaches instead of prunes.
Wool Buyers Are ;
Playing Foreign
Against Home Clip
(Special to The Joamal.)
Boston, Mass.. March 20. Business
in wool continues slow tn the local
market with a turn-over of considera
ble proportions of the new Australian
merinos, samples of which are filter
ing in. Fine Australian clips are sell
ing at prices that make them far more
tempting to buyers than the corre
sponding domestic clips.
" Good Australian merinos bring from
70 to 75c clean for 64s to 70s and are
more desirable than the corresponding
grades of domestic wool from the
viewpoint of the manufacturers. While
the users of wool are In the market,
they are not scrambling for supplies.
Cheerful reports about the good mar
ket in the lack -of big purchases are
explained by the fact that the manu
facturers are satisfied they can secure
all the foreign wool they heed before
the new domestic clips come In.
On the other hand, except for that
on the seas, very little wool is leaving
either England or the colonies, owing
to the difficulties in securing permits
for shipments and a-lack of steamer
space,' almost nothing is doing in, the
West and the sheep raisers have pux
such high prices on their crop that
few eastern buyers dare take a
chance.
London and New York Exchange.
"Should the drain of gold from Lon
don, to New York assume serious pro
portions," comments the financial
critic of the London Morning Post,
"care should be exercised that the ef
fect on the exchange of the necessary
Purchase of goods In America should
e offset by curtailing any kind of in
vestment in American securities which.
might be equivalent either to the ac
tual sending of cash to the other side
or to the retaining on the other side
of cash which should be brought
home."
Why Liverpool' Has Been Bidding.
-In January, 1914, England Imported
17,900,000 bushels of wheat from Rus
sia and Australia; it imported none
from thejn in January. 1915. From In
dla and vouth America, her January
import of wheat was 1,240,000 bushels
less this year than last. But from
North America, England's wheat tm
ports in January of 19.15 exceeded 1914
by 15,000,000 bushels.
ARE TOO
AMERICAN CONSUMER
AIDED BY LOWERING
0 TARIFF ON SUGAR
Claus A.I Spreckels,. President of
Fedejral Sugar Refining Co.,
Maks Statement War Has an
Effek ion Values.
New STork. March 20. That the re-
duped tiriff now In effect hs resulted
in an actual lowering1 of the price of
sugar tb the consumer, despite the
statement to the contrary made by
Congressman Broussard of Louisiana,
is the assertion of laus A. Spreckles,
jj cojucij i vjl iug reuew sugar xitiiiu
in a company. : I
Allowing for the difference In raw
sugar vklues, Mr. Spreckles finds that
the average price of refined sugar In.
1914 was relatively 29.9 cents a hund--
red pounds less than In 1912. when re
finers paid the Cabins the same price
for their raw material, and that this
BUYnuufei. io ui consumer is a re
flection of, and can i only be accounted
for by the reduction of J27.9 cents a
hundred In' the average duty. The
tariff oil 96 degree Cubart sugars was
reduced oh March ll 1914 from 1.348
cents a ?qund to 1.01 cents, making an
average duty for the, year of 1.069
cents. The Cuban duty was used as
a basis ojf comparison because most
of our raw augarsi came from that
country and make that figure the real
sugar tariff, i - - ' J i F :
"Had there been no reduction in the
duty," lit.- Spreckles ! holds, "consum
ers would! certainly have! had to pay
this mu :h more. Aind on a consume-;
tion of say, 4,000,0)00, this means Ta
saving 1 oi the publiloi of this country
of something like JfJ4.0JooO. part cf
which is the excess! paid I on domestic
sugars ivhicb. are Sold an the basis
of the duty paid qujotation. The war
aiigner prices, or course.. tut
they will
be tempered by the lowered
tariff.
!
Domestic Interests
Trying to IForce a
Lower Wool Price
While There Is Further Advance
and Strength Abroad, Ameri
an Trade J Is Slow.
While on the surface it looks, at
the woo market is slightly easier with
fractional declines in price, it is ap
parent taat ine easterni buyers are
plavina ku deeD earn to wlthholil thir
bueinessl jn order td itire ! growers and
force loVier values, i The -eal strength
of the situation in fleec i indicated
by the ftujrtber sharr advance of about
15 per .dent In foreign markets. j '
Commlffnting uponi the situation, the
Portland Wool Warehouse company
says: -T ' I ! i . ;
"The Warket of the past week has
been ariqther quietj I onei and prlcies
of domesitlc wools are a trifle easier,
but where concession in prices s
made, it is simplyi for the sake bf
doing a little business. . ;
"The ttocks in th0 least held by deal
ers are very small j and the same can
be said of the mlllsj.j Our correspond
ents in lino eitsi repori u.
firm tone to
the marifet, ana while
dealers are waltine for
very quiet.
come iri the market for
woola whijeh
they need.
IThere ' has been
great - deal of
South A
merioan Montevideo and 14
blood offered, clean
basis, from 60c
to bbc. ana some
South American
lambs at S8c In thejgrease. Fine Aus
tralian,! Scoured, frdm '70c to 76c. ahd
Layo oil uwq nvpa, nn, around obc.
One-fourth and : blood domestic
wools are selling firm. with - small
offering . - I
couritrv shearinar . has! started in a
small wlay and In pastern Washington
tnere nave been a few clips sold, and
there was also sold in Seattle about
160.000 pounds at !26c to 27c to an
eastern mill. ! "
"i one or xoreign maraet is very
strong. Cross bred tops and wools
have advanced 16 oer cent , with spir
ited bidding, i and. all in ail. it looks
as If a wafting gaine is j being- played
by the Healers in the east to bear the
market in wool. i ' I t
"Thelwoolen goods market is active
and good prices are being received jby
the mills, although ino hea,vy buyljng
is repoHed, but the prominent mills
of the country are open i to buy wools
and hayc about made up their minds
that th ihigh price; of wool is here to
stay. ; i i I ;
"Therlej is relatively no change in fhe
embargb.l although rumorB are Coming
from time to time that the embargo
is to be put on again on tops and
wools of all kinds, i I
"Mohair market is verv dull, al
though there seems I to be awakening
tendency! on the part of mills to look
Into mohair more closely than they
i .... a n n T.4 v. i -, i
lid . , UUIIB CJ, nilli DIUU
1 and what
stocks there are
Offered are held
steady.
"Belolw we quote
prices: '
EASTERN OREGON WOOIS.
1 Scoured
Grease
.24CD25C
.20(& 22c
.23 25c
Fine stalple ; .
Fine clothing
Fine miedium staple
Fine medium clothing 210 28c
ft Diooq com Ding ..ZA'cvzbC
blood combing ..31033c-
blood combing u S3 03 4c
6870c
64 66c
WILI1AMETTE ALLEY WOOLS.
bloodi t 32084C 406c
blood ..i. L 83086c 66068c
ii blodd U 29081c 707gc
Low wooled lambs. 26c to 28c in
grease. J Cotswold and similar wobls.
26c to Zbc. 1
Adovs prices in naccoroance with
shrinkage and eeheral ! condition
P
11 vered eastern seaboard terminals.
- MOHAIR.
Best comDing
orcunacy coniDuiaT I
Best oar a in g ...4.
Good' Carding . ..:LL...i
Ordinary - carding l L . . .i
Pelts!
are In good demand, and on
consignments this w
eek
good prices
were reauieu.
f
Weaither f6r Wheat
i Said to Be Ideal
1
Wallal Walla. Washl March 2d.
Weathfiil conditions! the oast week
have been altogether 1 favorable for
spring ana rail wneat anxe aunougn
grower; 1 in some parts of the county
claim rain is needed badly. The
shower kf Wednesday night, whlleUit
helped considerably was not - general
In the county. andl I the eight hun
dredths' that fell in the immediate
vicinity of this cltyj did not extendi to
thaliglit land districts. 7 where the $ell
has lost much of tjhe moisture resalt
tng from tne wmteri season. y
Farniirs are completing their plciw
ing operations, and 'spring seeding! Is
progressing rapidly. The fall-sown
grain appears to excellent advantage
having a good stand, a healthy color,
and the fields are remarkably free
from weeds. Witw sprfn?showers of
sufficient duration to soak . the soil,
the f arhners say thiejy would be whclly
satisfied with conditions, but they ln
stst that the rain is one of the neces
sary: ad jancts to an! ideal spring, j
Farmers who suffered some losses
becausl of ! the long: cold winter have
nearly completed their ire-seeding, and
have feund that the damage was con
siderably lighter- than they had feared.
Re-seeding i operations! were - found
'necessary mostly in the light-land dis
tricts. Of me vauey
Basis
73 T5c
68(r0c
6S68c
64067c
70072c
..36038c
. .8405c
. ,30082c
. .33 034O
..28080c
SCARCE
SWINE PRICE IS ISIOT
TOO STIFF AT CLOSE
OF WEEK IN YARDS
Next Week's Values Deiend, Upon
Volume f Stuff Marketed Too
ureat spread Between
Highest Eastern Yards.
Here and
PORTLAND LIVESTOCK RUN,
Week ending Hogs Cattle Cialvea Sheep
March 20 .;..2531 115S
ii
1419
1681
March 13 ....3127. 1807
March 6234 . 105fl
February 27 3843 100S
February- 20 6232 1093
Year ago . ...3525 972
2 years ago ...4983 1483
41
26
31
84
-36
4925
4416
6792
7786
6496
8093
108
JO
3 yearB ago ..567 150
Extraordinary advance
hog price at- the start of
ot -5d in the
the week, was
the chief factor of Interest In the
swin trade at North Portland during
the six days. Top hogs started the
week at 87.60 and closed
nominally at
the same price.
;i . wis
t
- While the extreme pr
still
being quoted at the closing , cf "ths
week for swine, the reeling was not
quite o keen during the last few days
of the trade. Were it not for the fact
that supplies were so limited that local
killers were able to take tractically all
of the tops, the market would not lakely
have .remained at extreme ; values, be
cause Puget Sound refuted generally
to pay them in this marketi i r
At the closing of the week the top
for hogs at North Portlinld wps stili
leading the . highest markets-1 in the
country by 75c This differential is be
lleved to be too much at this time and
if there is a big showing of supplies al
the start of the coming (week the ex
pectatlons of the trade ajrd for a loss
although much will deoend upon th
attitude or outside ouyera. !
General, bog market range:
Best light ....... .Lj.1
Medium Usht L. 7.35
Good and heavy L.. 7.00
7.60
)7.50
J7.25
?7.00
6.75
koukq ana heavy, ....... L J . o. so
Stockers I J - 6-6t)
Cattle Karket Zs Good." : i
Further 'decrease in tdtal offerings
tn the cattle pens at North Portland
during the week gave thd trend of the
market a better appearance during the
entire periods While the general . run
of tops do not command i former ex
treme values, fancy hay fed steers are
still selling freely at 87.60.1 with all of
ferings of thig character Easily cleaned
up. J - i
There was a somewhat better class
of stuff generally in the Little market
at North Portland for thai week and foi
that reason the general raingeof values
was even better than during the' pref
ceding six days. I i
General cattle market conditions
throughout the country aire just about
steady witn practically no cnange n
quotations. I !
General cattle market range:
Select pulp fed steers
Best hay fed steers . .
-Good to choice
Ordinary to fair
Best cows
Good to prime
Ordinary ...a
Select calves t
Fancy bulls .
Ordinary.
L.87.0e)7.78
7.Z5ffip7.5g
7.J07.16
66C5.60
6.00i'6.26
4.00 5.04
8.00 8.50
6.50&6.00
4.006.00
Sheep ramus jtos Beusvsd.
Instead of a better rur of I mutton,
due to the extreme prices now in ef
fect here, there was a" farther loss of
offerings in the North Portland yards
for the last six days as compared wjth
crevious recent Periods. Total run waa
but 1419 head cen pared iv;lth 1681 last
wee.k, 6793 a month ago and 7786 head
triis same week a year ago. - j i
There waa a very stiff advance all
through the mutton and famb trade atj
North Portland tor the Week with the
demand far in excess of offerings even
at extreme values.
Lamb a showed a sheer
the start of the week With sales at
88.85. while all other 1 lines were ad
vanced 25p over last week'i,closing fig
ure, i
General mutton trade
range:
Old wethers .
BeBt yearlings
i
7.60
7.75
6.75
Best ewes
Best east of mountain lambs R.80(&8.86
Valley light lambs . . .
Heavy light !amb
8.50 0 8.75
.. 8.00 0 8.25
is -' -.
Stocks
I ' i
-The stock
Fair Strength
Shown for
New York. March 20
list displayed surprising!
Strength and
activity. The war news, Itvhlle analyzed
in an unfavorable light,! exerted little
Influence on stock market sentiment.
The 'grant' of thehearlng on express
rates was favorably construed and the
opinion la expressed that some relief
is iiaeiy to De arroraeu i me express
companies on account of the very poor
earnings of the companies as a con
sequence of the drastic reduction in
hauling charges.
Whilt activity in standard issues is!
still on a limited scale there is never
theless observable in other , quarters
Duying oz an inriueniiaii prij
Range bf New York prices furnished
Dy uvemecK & wokb company, zie-zii
rtoarq or iraqe uuiiQiny;
DESCRIPTION
iOpen I
iklgbl Low CloJ
Amal. Copper Co......
American Car & .. c.
Amer. Cotton Oil, e.
American Sugar, c...
American Smelt, c...
Amer. XeL & Tel....
Anaconda Mining Co.
Beet Sugar ". ..
Betbleuem Steel, e...
Canadian- Pacific, e. .
Chicago. M. 4 St. P.
Chluo. Copper ,
Chesapeake Ohio...
IJCIIC, V. .............
"S Great Northern, pfd.
lice Securltlea ..j....
Interurban Metrop. e.
do pfil
tehUrh Valley ,.
Miasouri Pacific
National Lead
Nevada Consolidated.
New Haven..........
K ew York Central . , .
N. Y., O. W.....
Northern Pacific, c..
Pennsylvania Railway.
Preaaed Steel Car,
Ray Cona. Copper....
Reading;, c. .........
Soutbern . Pacific, e..
Southern Railway, c.
Southern Railway, pf.
Tenn. Copper
Union Pacific, e......
L. S. Robber, c......
C. S. Robber, pf.....
L'., 8. Strel Co., c...
Utah Copper .....
Weatingnouae Electric
Stocks. Bo rids!
Cotton, Grain, Etc
DIRECT PRIVATE
, , WIRES TO
EXCHANGES
Members Chicago Board of Trade
Correspondents of Logan & By ran
cmcago. ntw xora.
ai6-"217 Board of Trade Building.
- . 1 . - 1 -
CHICAGO WHEAT. IS
LOWER AFTER A
AT OPENING FOR DAY
Chicago, March 20. Closing prices
for wheat today were Vi to o a
bushel below yesterday after a very
erratic market. There was considers
pi strength in wheat options at the
Opening of the market with initial
prices to 14 o a bushel better than
yesterday. -V-;
I Earlv atran'th . waa dua to the llb-
rai buying by parties who were chief
ellers at the. closing both today and
ester day. : .
uroomhall cabled from Liverpool
hat the spot wheat market was un
hanged with the undertone firm,
ndlan offers remain firm. The trade
expects lighter American shipments
nis-weea to the united Jvingaom. in
.low progress at the Dardanelles la
affecting sentiment. . - -It
Range of Chicago prices furnished
bv- Overbeo.k A- Cooke Co.. J 18-2 17
Board of Trade building: I I ,
v. - WUKAT -i-
open. - iiith.
Ijow. Cloae.
Jar
......81.67.
81.64 - 8t-6ViB
1.2-J14. 1.28MB
"l.uo 1-10H
UulV
..... 1.24
Sept. ...
May ..
uly
May .J
July ..
Sept. ..
1.114
cons
.7414
, .764
OATS
' .60
;55V
.474
PORK
17.5B
13.06
1A 11 D
10.45 .
10.73
RIB8
10,)S
10.40
.784
.16
.694
.4H
,.46i4
17 50 .
i7.a
10.87
io.6 ;
10.02
10.35 .
.784
.74A
.50 A
.40T
1T.B3
17.05
. .78
i.lT.SS
..18.07 -
.10.45
,.10.73
,.10j06 :
..10.40
'May- ...
luf ...
IMav' ...
10.87
1O.03
10. w
10.37
July
May; ...
July....
Sept, . ,.
10.03
Hood River Berry Crop.
Hood -River, ' Or.; - March 20. The
warm - weather of the past week has
resulted in marked development in the
strawberry crop of the valley. From
present indications of the crown de
velopment of the plants. Hood River
will have one of the largest crops in
its history. : The acreage is consider
able larger than last year as a i re
sult of the high : prices secured last
season for the crop. A number of the
growers last year netted over $200 per
acre for their strawberries. It is -expected
that there will be approximately
125 carloada shipped from the valley
this season. The demand last year
far exceeded the supply and the local
association was unable to fill all of
the orders for carload shipments. !
The small hallock tn use 'last year
for the first time in the strawberry
industry of the valley has proved
a great success on account of th fact
that much more ventilation is afforded
the fruit while in transit, which In
turn enables the extension of the mar
kets over a wider territory and ! in
sures a better quality of fruit upon
arrival in the markets. A large num
ber of orchardists. who were formerly
engaged in the berry industry but who
plowed up their berry fields when ap
ples were selling for $3 per box, I are
engaging in the berry business again
and the young orchards are being re
set with-berry plants between the
trees. ' I
The local " Annie Growers' associa
tion that handles the entire output of
the berry crop, has already received
a large -nunrner 01 standing oraera ior
strawberries in car lots and dally ex
press shipments. 1 The Ice plants of the
Davidson Fruit company and the i Ap
ril, a rowers' union are belnar run night
and day in order to. have sufficient
ice on hand to meet, tne demands of
the berry season.
AUCTIONS
Sale Extraordinary
191 Second St.
Ws have received on! consigh
ment
the stock of a general store in
land, also storage goods.- and
good medium grade furniture,
Port.
some
kii of
which will be put on sale in our
tion rooms on j
r
Monday. 10 A. M.
Look at the Items and remember all
must sen, waavui xcn..
New Enameled Ware
1000 pieces new enameled warle S00
nieces ealvanlsed and tin wsrst i bak
ing dishes, roasters, an sizes.
Storage Goods
'iflnA ...t.nt'.nt ' mnA ntlia
dishes.
1000 pieces croekery, 200 yards
mitHnr S Vienna, chairs. SO
cocoa
lunch
boxes, bread and meat, sliceri
, 100
pieces glassware.
Furniture and Furnish
ings
Two good steel ranges, rugs
i hall
runner,' is oressers, cnirioniers,
tary coucft, stands, tables, child'
parlor sets, etc.. etc. i - .
sanl.
beds.
Attention, Dealers
Now is the time to stock up. !ln ad
dltion to above we will offer the foi
lowing items: 200 dozen adz and sledge
hammers. Toledo computing scales,
beam and counter scales, . coffee; urns,
mirrors, pictures, frames. - pout card
rack, stoves, alt kinds, 12 clocks, and
many otner staple goods and fixtures
.'I- -
Restaurants
Look over above lists.! In' ajditlon
to articles speciriea, we nav dozen
s of
articles you need, such as six-foe
ror, besides all ths dishes and
lng utensils, chairs, stools, etc.,
erated above. - - 1
THE BEST 8ALE WB HAVK
: mtr.
cook-
num
fcVKR
PUT ON. Remember the date, Monday,
onday.
Marcn zz lou win regret it
it you
aon v atiena. r
Bell Auction Co.
191 Second St.
RISE
A nidi!
AUCTIOXS
AuctionSah
AT
Wilson's AuctioaHouse
166-8 First St (Nr Morrison)
Regular Salssdays
MONDAY, WEDNESDAY
and FRIDAY
Each Day at 10 A. M.
FOR MONDAY'S SALE we have ths
contents of a 10-room house. All good
grade of furniture, comprising: 3 piece
parlor suite, good oak rocker, Morrl
chair, library and center tables, leath
er couch, ladles uoeas. oooacases,
rnnnrt ttninii table, set box seal
chairs and buffet to match, brass bed4
coll springs, clean mattresses, pillows.
quilts, ' etc, v ery preny yi iuor,
dresser in golden oak, large oak dreem
ers with plate mirrors, wardrobes
with mirror In front, rugs end car
pets, lace curtains, "Stewart"' steel
range, ; vuican gas range, nrntuni
stoves, large refrigerator and other
effects.
WEDNESDAY and FRiUAi we
tioll hBvs m ur,n mmnrtment Of all
kinds of household effects for positive
sale to the highest bidder.
FOR PRIVATE SALE
nn : "daranden" upright .piano.
Equal to new, 175. .
one 'Haraman, manonany -fine
condition, 126. , .
one Kimoaii, a nwuiy,
c.,r. 1 mrA PHOMnOBAPHS and
RECORDS. Alo THR LARGEST.
LIST and MOST COMPLETE LINK
of GOOD SECOND HAND FURNI
TURE in the city. W Shall be
pleased to show you through our stock
f you, are ipr,eresieu.
WILSON'S BANKRUPT STOCK
STORE,
Corner Second and Yamhill.
Phone Main 2032. ,
TAIL AT WHOLESALE PRK'Lri. V
deal in bankrupt atocHH or iinu' r.jw
IES. HARDWARE, PAINTS, ETC.:
also shoes, cigars -snd tobaccos, and
supply your neeus ai
to you.
Also STORE FIXTilRES,
INCLUDING F"I REPROOF BAFF.S,'r
CASH RKH1H1 rltB, r,tV.V,c4v- ",..,.',V
SCALE. CREDIT SYSTEMS, Lie.
ETC.
LADIES' SUITS SALE ON
TUESDAY NEXT at 2 P. M.
At Our Salesrooms 166-8
First St.
WE HAVE RECEIVED A. STOCK
OF j
LADIES' SUITS, COATS
and Dresses
from the well-known firm, of K Ci
Holiday Co. Suit House, to be sold st j
auction. Here Is your chance, ladle", 16 j
buy your spring suit at your own
Pr TUESDAY NEXT, AT 2 P. M.
Unclaimed Merchandise Sale.
FOR THE AMERICAN
EXPRESS CO.
On Saturday Next, March
27th at 10 A. M.
..We shall sell for the AMERICAN
EXPRESS CO. ALL EXPRESS PACK
AGES received nt all offices in Ins
States of OREGON. WASHINGTON
and NORTHERN IDAHO, prior to
JANUARY 10, 1914. "WHICH REMAIN
UNCLAIMED. DO NOT FAIL TO
ATTEND THIS SALE.
J. T. WriJ?ON. Auctioneer.
(reo. BolveVa Co
ESTABLISHED 1692.
"W. C. BAKER and W. H, DEaN,
Proprietors. . ;
ON TUESDAY NEXT
W- h.vii hnilv.j1 41ia unrlirht rtlano
and cOHtiv rugs and furniture of.prt
vuta rlrlii('. with Irmt rtlctlutih from
the owner o sell the same at -ruction,
comprising uecKer r ron uprini piano,
high grade upholstered parlor furni
ture, quarter sawed oak library tables,
parlor desks, hand woven il rapes, sine
curtains, easy rockers in leathtr, cen
ter tables, electric lamp, 12x15 Axmln
ster rugs, body Brussels rugs, large ol!
painting ana other pictures, mahogany
Bnfa hrul, anri Irfin Yili M . miV.m. twin
bungalow beds, best sprlnsrs, genuine
hair ana sua rioss maiireses, a iari
nuanlltv nt he A linen, nuarter sawed
oak and mahogany drensers and chll-
roniers, Dearoom rocaern ana ciib.uk,
pedestal dining table and chairs, table
cloths and napkins, crockery and gli
ware, cutlery, gas range, lawu mower,
utensils, etc. .
Also the rumisnings or riat s roi-
Inw. - cn rlv Orllih Ilnln rnAin.aultHi
viz. pedestal table, chair and buffet.
tfrusseisi rugs, iron Deas, fnncain
dressers, enameled dresser, rattan,
rocaer, iirirary xuriiitijrf;. r""'"
QUARTERED OAK ROLL TOP DESK,
AUCTIONEER'S NOTE, ij
'Kindly call at our salesrooms, 1"
145 Park street, tomorrow and Inspern
the above goods. They merit your mor.
careful inspection. AUCTION ON
TUESDAY NEXT at 10 A. M.
ON THURSDAY NEXT !
We shall sell a lot of household fur
niture, rugs, etc., from storage com
pany. Sale on Thursday next at 10 a.:
m. " . I ,;
WE PAT CASH FOR GOOD FURNI
TURE. W. C. BAKER and W. H. DEAN, Vt
Furniture. Dealers, and Auctioneer
1-168 Park street. BOTH PHONK.
Auction
MONDAY, 2 P, M. ii
211 FIRST ST.
We are forced to vacate part of our,
storeroom and ws muat sell a ouan-'
tity of furniture at this sale, as we j
have no room for It, as our other space ;
is crowded to the doors. Ho if you can !
use anything at any price don't rala j
this opportunity, for out it goes at I
some price. 50 beds, 60 springs, sev-.
eral dressers,- chairs, rockers,, tables j
and almost everything in quantity, be
sides some very nice furniture, lnc.lud-
Ing good dining set with pedestal ta '
ble and leather seated chairs, full1
leather upholstered rocker, Englimi.
brakfast tables, sanitary couches. I
enameled dressing table, small roll top ;
desk, sheets, slips, pillows, etc., eta ;
Sal Monday, 2 p. m., 211 First st.
E. O. FORD, AUCTIONEER, -
We sell again, on Wednesday an4 !
Friday at 8 p. m. each day and you ar t
sure to get good bargains , at any of j
our- sales.. :j
Ford Auction Coi l
X. B. We have a very fine diaplav
of refrigerators. Cost new, $260. CaU :
and make us an off tr.