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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (April 15, 1915)
.14 THE OREGON DAILY JOURNAL, PORTLAND, THURSDAY EVENING; APRIL 15, 1815. LACK OF OCEAN TONNAGE IS STILL DEMORALIZING CEREAL MARKET COMPETITION TO HAVE MIXED EGG SAID CAUSED A MARKET One Large f. o. b. Bayer Reported to Be Oat Again With 18c Offer . tor Case Count Although' 17o Is More General. TODATV XOO 1EABKET. Portland . . . . . Sa Francisco Seattle But . .WHO .83 O . .aa e Despite the almost general weakness In the local egg situation at this time. It Is stated that one of the big f. o. b. buyers is again offering as high as 18c a dozen for case count where competi tion is keen In the country, despite the fact that at other points not over 17C Portland basis is being offered. The same class . of eggs can be se cureed on Front street down to 17 Vic. Several dealers reported their Inability to clean up above this price . during the last 48 hours. While receipts of eggs are still quite liberal along Front street, there is a general impression that the more ac tive demand will soon force the price baclc to the 18c basis for case count generally here. Quality is still absent in current re ceipts. Candlers report that many of the arrivals indicate that the eggs have been in the nests for some days. CHICKEN' MARKET WEAKER Fractional price loss is. showing for Chickens in the Front street trade with cleanups generally reported at'15c a pound. There were quite liberal sup- Slies available during the last 24 ours. MEAT MARKETS ARE GOOD Market for country killed hogs and calves remains In rather fair condi tion along Front street so far as top quality is concerned. While there were more liberal offerings of calves, real good stuff is not plentiful. Poor tuff is harder to move. BUTTER DECLINE GENERAL PROHIBITION MOVE OF ENGLAND CAUSES HOP MEN TO WORRY Spread of Movement Throughout World Is Cause of Intense Stag, nation In Hops Holders Wil ling to Accept Concessions. General inability to interest out siders In the hop market at this time is reported by the local trade. There Is a general absence of offers foi either spot or contract goods. Sales have been so infrequent of late that it would be difficult to state definitely what the top price would be. Holders are not so firm in their views and are willing to accept puce concessions, but dealers say there is no business in sight at any price. The growing prohibition movement throughout the world is at present tne big factor In causing stagnation in the hoi trade. Late reports from England and other European countries have not aided the situation; in fact, the Eng lish prohibition movement is viewed with intense alarm among hop inter ests here. A late New York mall advice say of the general situation: Bales. . 1.94J .109,222 .115,780 . 1,304 46,074 Drop of 2V6c a pound quoted in the price of bujlter here yesterday by some of the creameries, became general this morning with the extreme quotation for prints at 25c a pound in box lots. CUBAN TOMATOES ARE POOR Carload of tomatoes from Cuba has been reported In very poor condition by the local trade. It Is stated that the stock Is 90 per cent poor. This makes the second carload during the last week which has been refused by the trade; the other being caught by cold weather. 1 A shipment of Mexican stock is due Saturday. HALIBUT IS VERY SCARCE Great scarcity of fresh halibut Is re ported in the local , market and on Puget sound. "There has been a gen eral lack of arrivals of fishing boats on the sound recently." says Joseph O'Connor of Malarkey & Co. The price la generally higher, i BRIEF NOTES OF THE TRADE Kecelpts for week .Receipts since ssept. l Receipts same time last year Exports to Europe for week. . ExDorts from Seot 1 Exports same time last year.. 97,725 Imports for week 2o6 Imports from Sept. 1 20,3 40 Imports same time last year 7.127 "Conditions have not improved and all the markets have been extremely dull again this week. Indeed therefhas seemed to be almost an entire absence of business here and at primary points. No further lots have come forward for export, and shippers succeeded in clearing about 1300 bales for Liver pool. These were taken out of stock that had accumulated here, and it is estimated that exporters are still hold ing close to 8000. bales on the docks and in warehouses in New York. 'New orders are not coming: to band so far as we can ascertain. -The fact that brewers are well stocked keeps them off the market, and dealers see nothing In the situation to wairaat adding much to their -resent holdings though these are conceded to be com paratively light. Quite an easy feel ing prevails and tne tendency at tne moment is toward a somewhat lower level of values. "Nothing doing in the interior isew York state markets. A very consider able part of the stock is extremely poor and can be oougnt arouna j i c. Some lots of better quality are held at 8(0 10c, and the choicer growths at 12(0)130. or possiDiy in instances up to 14 15c It has been too wet to do much work in the yards as yet." New York hop prices per pound: State. 1914. choice 15 016 State, 1914, medium to prime 11sU4 state, iaif, lower graues oiyiu Faciflo coast, 1914, choice 146D15 Pacific coast, 1914, med--prime 12 13 Pacific coast, 1914.vlower grades 9i)ll Pacific coast, 1913 9 ftp 12 Imported. 1914 32(036 " Fresh salmon la more plentiful with the Drlrre atciuiv. California asparagus Is steadier at 12 for best. Local coming in better supply with sales at 90cIl-15 a doren bunches. irst shipment of California wax beans of the season was reported In today with sales at 20c a pound. Carload of lettuce wan unloaded : this mornln" with the market firm at $2.60 a crate. JOBBING PRICES OP FORTXjAND Thee prices are those at which wholesalers ell to retailer, except as otherwise stated: Tbey are corrected up to noon each day. r- Dairy Produce. EGGS Nearby freshly gathered. I8lSttc; es count. IT'Ac. BUTTER FAT No. 1 Pirtlnnd delivery 24c. BUTTER Nnmlr.nl. Willamette Tulle TRANSPORTATION Palaces of the Pacific S. B. HOETHEKN PACTFIO S. S. OBSAT NORTHUKN Be Xiiizs Tart Zilns to SAN FRANCISCO . s. s. xroxTKsxxr PACxrxo satis April 17, 31, as, 39, May 3, 7, 11, 15. Steamer train leaves Portland, North . Bank depot. 9 A. M.. arrives Flavel 12:30; lunch aboard ship; SS. arrives San Francisco 3:30 P. M. next day. Freight delivery second morning iier snipment irons ssan urancisco. . WORTS BABTX TICKET OPFTtTR. 7 hones: Mar. 930, A-6671 5th ft Stark COOS BAY AND EUREKA S. S. ELDER ATX8 STTWDA-r. AFX. 18, 9 A. IS. AMD EVE&Y SUNDAY TKE&EATTEK VO&TH r ACTIO STEAMSHIP OO. Xlokst Offlee fl Freight Office 122A U BL root Northrno St. WAIN 1814 A-1314 Kain 6808 j A-6428 8. S. BE Tor San Francisco, Los Angeles ? (AM, April 17 The San Fraaeteee A Portland 8. 8 O. M and Washington Bi. (With O-W. 4. V Coos Bay Line STEAMSHIP BREAKWATER : fall from Alsaworth Bock. Portland. m, m. Friday. Freight and Ticket offioe, Ain verttt Dock. bona Lain 8600. A-S338. City Tickat offioe. 80 Sixth at. Phona M-rft mm), jeiju. rtttuu at uooa jmt b. b. Lias. TEBPOBAKY SCHEDULE DALLES-COLUMBIA LINE Steamer State of Washington ' leaves Taylor St. Dork 11 p. m. dally, except Sondaya, for The Dallea and war landings. Returning leavea The Dalles 12 noon daily ax. eept Monday. Freight and pssaentrers. Fare Sl.OQ. . Berth BOc. Phone Alain CIS. STEAMSHIP SaQs Street ' for Ban Traacigco, Sos Angeles and San Diego. Tomorrow 2:30 p. m. April 16 SAW ntAWOISCO. FOXTLAJfD a LOS AKOELIB STEAMSHIP CO. TBAKE v o T.T.AM- Arent. 124 tUx SV . A-4fi98. MAlm as. Edited by Hpnan II. Cohen. NORTHWEi WATCHING !T TRADE THE EAST FOR CEREAL PRICES Pacific Northwest, Handicapped by Lack of Ocean Tonnage, Slay Receive Aid From Atlantic Coast -No Foreign Business. 8EABF XZT BXSS X2T CARGOES. London, April 15.- Wheat cargoes in passage firmer, 9d higher. NORTHWEST GRAIN RECEIPTS. -Cai- Portland, today. Year ago 23 0 Pennon ft date. 15.r.i7 180 Year ago 15561 22i)H Tacoma. Wed., 9 Year ago 22 5 Season to date. 8655 6i.f Year ago .. 6i'T 707 Seattle. Tues.. 15 4 Year tgo 7 Season to date. . 722 1047 Year ago e:ui lull When t.Itarley. Flour. Oata. Hay. 2 10 1701 2413 4 4 2003 lbOl 1 3 I860 1507 "2 576 41 H 1 5- 3 11 1R4S 2420 4 10 28S4 2195 2 8 113 4562 MUTTON AND LAMBS TO SHOW LOSS WITH GREATER SUPPLIES Next Week Probably Will Tell Ex act Trend of Trade Spring Stock Not Above $9.25 Today Top Swine at 87.50. PORTLAND LIVESTOCK RUN. . oa . . 131 .'. 821 , . 17 . . 539 , . 224 . 47 , . 529 . 377 . 259 25 V 31 59 1 693 802 1224 27 1938 30 82 5 105 115 .. HO 73 210 15 44 469 . . Ki9 183 2 1906 creamery cubes, aellicg price, 21c; state prints 23Si24c; ranch batter, 10(u,17c; city creamery, caw lota, 26c; lent than case lots, lb. extra. LIVE) POULTRY liens, Flymontn MOCK 16c; ordinary caickena, 15c; broilers, 1 to y, lb., 202Sc: turkeys, ISc; dressed. 213 -! nl vnnna CI no(ai.2.ri: annabs i . Hosen: ceese. "we. 89e; Pekin ducks, 13814c twins sod triplets, 16c; Young America. 16 V, lie; storage naia, imic. urooenea. RIKJAR Cube. t7.2u: powdered. $7.00: fruit or berry, S6.70; beet, J6.60; dry granulated, $6.79; U yellow, $6.00. t A bore uuoiatluns are HO daya net tfaan.) RICK Japan style, No. 2. 45c: New Or leans, bead, o'Alttotu; blue rose, flftc; Creole 6c. . ... SALT Coarse, ball grounds, khjs, $u.a per ton: bOm. 110.6O: table oairy. 5u. $16: 10 $17 60: bales, $2.25; lump rock, $20.00 per ton. RF.ANS Small wblte. $6.25: large wblte. $6.0O; pink. $5-25; Umas, $6.75; bajon, $6.50; xruifc sou vvabuiQii FRESH FKUIX Oraagea, narel $2.00(g2.50; ngerles, $1.25; bauauaa, 4Viic lb.; lemons, rtHa.a.76: limes, $1.00 per 10O: Krape fruit. s.fMifiii4.oo Dttr caae: Dlueapples. 7c lb: Dears. $1.50; strawberries, Loullaua, $3.60a;3.75 per crate. APPLES Local, 75cal-oO box. accordinjr to quality. - ONIONS Local, No. 1, $1.101.15; associa tion aeUloK price. No. 1. 75c f. o. b. couutry polnta; Karllc, II c. POTATOES iseUlng price: Extra -cnolce, $lJi51.60 per cental; new California, 10 if lOVfao per id.; sweet, VEG1STABLES Turnipa $1.251.50; beets, 75c doaen bunches; carrots, new, 75c dozen bundles; paranlps, $1.00jl.25 sack; cabbage. bell, 26 (is 30c; bead 1 lettuce, $2.50 crate; greea onions, Jlf&w uvavu uuuuucs, eyjeraa bell, 26(i3l30c; bead lettuce. $2.50 per crate; celery, crate $4.50(5.O0; rhubarb, lVii2c lb.; cauliflower, local, 40c to $1-25 dozen; 1 reach ar tichokes. 63 1 DC ooa.; airing ueana. due; crart. berries, eastern. $10(12 bbl. ; peas. 15feil6c lb.; asparagus, local, 9Ucdj,$l.lb dos.; rad-1 iabea, 20c per dozen bunches. naps, wool ana uiaea. HOP Buying price, 'choice, 12c: crime. 11c; medium to prime, 10&c; medium, loc; 1915 contracts, 12c- VV OOb nominal, iair cup: Willamette ral lay, coarse Couwuld, 2ito26c; leulum tShrop- shire, -Ofja'c; cnoice laucy lots, zsc; eastern Oregon, iumc. UiDiiS balled bid (23 lbs. and up), 13 Vic; salted stags 150 iba. and up, 9c; salted kip (16 lbs. to x& ioa.), ujc; salted call ,up to 16 lbs), 17c; green nides (25 lbs. and up, 12c; green stags (50 lb, and u;, 8c; greeu kip (.15 lbs. to 26 -ba., U4c; green call iup to 15 Ins), 17c; ry flint nulas, 24c; dry tllut call (up to 7 lbs;, 2oc; dry salt hides, loc; dry horse hides, each, 5uc to $1; horse. Ualr, 25c; salt uorsehiuea, each, $2.5o to $3.00; dry long wool pelt. 16c; dry short wool pells, ldc; dry -heep ahear lings, each, 10c; salted sheep shearlings, each, lac to 25c. TALLOW Mo. L i441.c; Ao. 2, 4i4i),c; grease, Vs&-c. MOHA1K 19 i5 3032c. CUiriiM. Utt CAMAUa BAHK Buying price, car lota. 4Vfcc; .ess than car tola, 4c Keata, lish and FroTisions. DaESSfc.l UiAlS Selling price Country killed: ITancy hogs, 9&9ic; rough and heary, 7UIWC; laucy veals, llujil2c; Mrdiuury, bitf loc; poor, 6Ui'C; goats, iia,lc; pring lambs, 14 Vc lb. UMi, BACON. ETC. Hams. 16j17ttc; breaklaat bacon, 17C27c; boiled bam, 27c; picnics, llac; cottase, roll, lc. OiSIEHS Olyuipia, per gaUon. $3.50; canned eastern, 65c xu, $6u uozeu; easters in shell, $1.85 per 100; raxor clams, $2.5u box; eastern oystera, per gaUou, sou a pack, $3.00. VlUli Ureased nounuers, 7c; steelhuad sal mon ( ); Boyal Chinook, .54ti6c; perch, 6W c; lobster, 25c lb., silver atuelt, So; salmou trout, lac lb.; halibut, 7Vc(u;0c; Ooluuibla. river a melt, 604JUoe box. LABU llercea, ketue rendered, 13c; stand ard, 12c. . liHAlta Large. $1.. . me.-ot, $1.25 dozen. Paints and Oils. LINSEED OIL Kaw bbls.. 75c gallon; ket tle boiled, bbls.. 77c raw, cases, sue; boiled, cases, 82c gaL; lots of 25o gallons lc less; ell cake meal, $44 per ton. WU1TE LEA 1 Ion lots, 7c lb.; 500 lb. lota, 7 "fee per lb.; less lots, 8u per ib. OIL AtEAL Carload lots, $34. UUAL OIL Water white in uruma and iron barrels, 10c. TURPENTINE In case , 67c; tanks. 60c per gallon. Seattle Dairy Produce. Seattle. Wash.. April 16. (TJ. P.) Butter Native WashliiKton creamery brick, 85c; native Washington cream ery solid pack, 24c. Cheese Oregon triplets, 16e; Wis consin twins, 17c; do. triplets, 17c; Washington twins. lc; Young Amer ica, isc gg Select ranch. 32c. San Francisco Dairy Prod ace. Ban rraneUeo, April 10. (U, P.) Eggs Batter - Sxtras, Oci prims firsts, 22Ve flrats, SSo, .! Chsasej Califenia fsnay, UUsf flrata, 1014e; aecends, a. 4 While the lg.ck of ocean tonnage will continue as a detriment to the cereal markets of the Pacific northwest this season, there is a. strong likelihood of another rail movement of grain toward the Atlantic seaboard. Pacific northwest cereal Interests are watching the intense fluctuations iu-1 the Chicago and other eastern markets. The trade here is sure to absorb some of the tone shown along the Atlantic coast. ' Were ships available here in suffi cient supply, it is qiute likely that Atlantic coast business would now be available. As matters stand, the lim ited tonnage available for eastern ship ment is spoken for a month or two in advance of sailing date. No foreign business is at present passing. The European trade has en tirely subsided, and while there is more or less talk regarding Australian of fers no business is being at present confirmed for that account, California is buying sparingly in the local trade, with the volume scarcely sufficient to consider as a factor. FLOUR Selling price: Patent. $6.80; Willamette valley, $6.80; local straight, JG.30; bakers', $6.80; export. $5.50 5.75. HAY New crop, buying price: Wil lamette valley timothy, fancy, $12.50 13.00; eastern Oregon-Idaho fancy timothy, $15; alfalfa. $13.0013.50; veach and oats, $11; clover, $8.009.00 per ton. GRAIN SACKS 1915, nominal; No. 1 Calcutta. 6c. MILLSTUFFS Selling price: Bran, $26.50; shorts. $28.50. ROLLED BARLEY Selling price: $30.00f31.00 per ton. . CORN Whole. $35.50; cracked, $36.50 per ton. Wheat bids for spot delivery were a fraction higher to a fraction down on the Portland Merchants Exchange for the day. There was only one sale 5000 bushels May fortyfold being sold at $1.30. Spot oats were unchanged: likewise barley. Bran was up 25o, and shorts 10c a ton. Merchants Exchange spot prices: WHEAT. Thurs Wed. Tues. Mon. Bid. Ask. Bid. Blnestem $1.30 14 $1.32 Tortyfold .1.28 l.:;o Club 1.2S Red Fife. 1.2.1 B. Rua'an 1.21 '-4 Feed $1.R1 $1.30 $1.30 1.29 1.2 1.23 1.29 1.28 1.27 1.29 1.25 1.23 1.2314 1.22 I.2314 1.21 1.21 1.22 OATS. .$33.50 $33.75 $33.50 $33. 50 $33.23 BAHLET. Feed ... 2T).60 26.25 2T..50 25.75 25.50 MILLSTUFFS. nran ... 2n.?i0 25.00 23.25 23.25 23.25 Shorts . 24. OO 25.00 23.90 24.00 24.00 Futures were quoted: WHEAT. May blnestem ... May fortyfold ... May club May red Fife May red Russian May Rid. Ask. .$1.31 $1.33 1 .2M 3 1.26 1.24 May May May OATS. HARLKT. BRAN. SHOUTS. 1.2.S 1.24 1.22 24.25 $34,00 ' 2fi.50 25.00 26.00 Thursday ...... Wednesday Tuesday Monday Saturday Friday Week ago Year ago Two years ago . Three years ago Four years ago . Just two loads of livestock arrived in the ' North Portland yards over night. One of these came direct to contract to a local meat company, therefore was not offered to the trade. There are signs visible in the mut ton trade which indicate a lowering of values for the Immediate future. The stock of lambs that sold yesterday at $9.50 waa later reported to be spring stock and even this was reported pur chased prior to arrival on contract. Until there are greater arrivals in the mutton division it would be hard to tell exactly what the extreme val ues are, therefore prices printed be low, while the best information obtain able, are not a sure sign to follow. Spring lambs are not now quoted above $9.25. At Chicago there was a steady tone in the sheep trade with no change in prices. .Kansas City sheep market showed only limited supplies for the day with values a nickel better. Omaha sheep market was steady to strong. General mutton trade range: Old wethers $ 7.50 Uest yearlings X.io Best ewes 7.257.50 Best east mountain lambs.. 8.508.75 Valley light lambs 8.50 Heavy lambs 8.00 8.25 Spring lambs 9.009.2a Top aogs $7.50 While at the start of the week some of the smaller buyers were forced to pay $7.65 for hogs, the market has never been above $7.50 in a general way. This is the extreme price that the big killers are offering, and .they are getting the same quality for that price that the small lellows were com pelled to pay 16c additional for. There was only a very limited sup ply of hogs reported in the yards today and these came on contract at $7.50 for tops. At Chicago there was a very slow trade in the hog market, with tops again at $7.45 in a limited way. Kansas City hog market was also very slow, with tops around $7.15. umaha hog marKet was luc nigjner, with tops $7.15. General hog market range: Best light $ 7.50 Medium light 7.40 Good to heavy 7.30 Si) 7.35 Rough and heavy 7.007.25 Cattle Trade Im Slow. Only one load of cattle arrived for the market at North Portland during the last 24 hours. Trading, while showing no weakness, is nevertheless slow. Purchases by killers at the start of the week were sufficient to take care of their immediate needs. At Chicago there was a steady tone in the cattle trade with no change in prices. Kansas city cattle marset was slightly firmer at a fractional ad vance. General cattle market range: Select steers $7.50 0 7.75 Best hay fed steers 7.25 7.35 Good to choice 7.30 3 7.15 Ordinary to fair 6.60 0 6.75 Best cows ' 6.00 0 6.25 Good to prime 5.7546.00 Ordinary 4.00$i5.50 Select calves 7.50)o.tu Fancy bulls 5.50 6.00 Ordinary 4.00 5.00 Today'a Livestock Shippers. Cattle K. A. Hammer, Piedmont. Mont., one load. Mixed stuff Patton. Overton & Fait, one load cattle, calves, bogs and sheep on con-tract. Comparative statement of North Portland livestock run: Cattle. Calves. Ho. Sheep. Month to date. 2628 71 47j2 7265 Same, 1914 ... 4074 48 " 8260 10510 WOOL SALE DAYS SET In a special advioe John G. Hoke, secretary of the Oregon Wool Growers, net the, sales dates as follows: Echo, May 25; Pilot Rock. May 26; Pendle ton, May 27; Baker, May 28; River side, June 1; Joseph. June 4; Enter prise, June 5; Ileppner, June 8; Con don, June 10; Shaniko. June 12; Mau pin, June 14; Metolius-Madras. June 15; Bend, June 16. Mr. Hoke adds: "It is to be hoped that all woolgrowers will use their best efforts to' at least put forth an effort to grade their wool at the shear ing pen. This can be done to some ex tent by separating the different kinds and grades of sheep before they go to the ehearers. it is essential to pack your wool in good condition, eliminat ing the tags and pack them separate. Also keep all black wools from white. See that fleeces are tied properly. We are in competition with wools that are prepared in the best of shape for mar ket, and if we expect to get true mar ket values it is up to the growers of this country to do something along tho same lines or take less prices for their wool." Gain, 1915 Loss, 1905 1440 Year to date. ..21866 time, 1914 22649 San Francisco Grain Market. Son Francisco, April 15. Barley rails: April 15. April 14. j Open. Clrme. Close. May $1.32 $1.32 $1.29U December 1.35HB 1.39 A 1.33 Spot quotation nominal wheat: Walla Wal la. $2.27'42.30: red Russian $2.2502.27 1A; Turkey red, $2.uu(2.ii2: bluestem, $2.35(3 2.40. Feed barley t1.Z7Hftl.30. White 'oats $1.771.80. Bran t'M.OOfa :27.00: short. S27.OOi32S.oO: middlings, $32.00(333.00. Various Wheat Markets. Uverpool Cash vrheat Htfjld higher, Buenos Aires Cash wheat, c higher. St. Louiii Wheat closed: Mar $1.54.: Jnlv $125V6. Kansas City Wheat I closed: Mav Sl-alJK : July. $1.23. Minneapolis Wheat closed: May $1J53T4A: Julv. $l.4i. I niiluth Wheat closed: May $1.58tt: Julv. $1.53V.. Winnipeg nneai cioseo: jviay ji.tW'A; July $1.55V4. New York Cotton Market, New York, April 15. Cotton ket: Open . . 1089 . 1107 . .988 . 1018 . 1061 .. 1082 Month January March . . May July October December High 1089 1107 1 995 1034 1066 1085 Low Close 1082 1088 198 985 1015 1054 107V 1106 995 1024 1066 1084 Seattle Fotato Market. Seattle. April 15. Onions Oregon. $1.25: Yakima. 75cfd!$l. Potatoes White River, $228; Burbanks, $2730; Early Ohio, $45; Yakima Gems,; $30; Idaho and won tana. $2528. New York Sugar and Coffee. ; New York. April 15. Sugar centrifugal. $4.77: molasses inactive. Coffee Upot New Xork, No. T, 7c; No. 4, Santos, 1014c. . San Francisco Potato Market. San rr and , April 13. (tT, P.V--Potat Salinas, $1-&031-T5; rivar, Si.0010.25, 23 3558 424 74358 ZM) 75111 Gain, 1915... Loss, 1915 .. 783 84 '753 3245 55146 86293 31147 Thursday Morning Sales. STEERS. Section Oregon Oregon Oregon Cregon Oregon Oregon Oregon Oregon Oregon Oregon Oregon Montana No. At. lbs. Price. 14 947 $7.40 19 961 7.40 3 1000 7.O0 12 W7 7.00 IO 884 7.00 SPRING LAMBS. 23 59 $9.25 EWES. 9 115 $5.00 HOGS. 42 160 $7.50 2 245 7.00 5 116 a.75 14 103 6.75 7 207 6.25 PRUNE OUTLOOK IS GOOD Vancouver, Washington, April 15. The outlook for a trood prune crop Is still good," says I. R. Fletcher, district horticultural inspector, rur a time, however, following tne neavy rains of the first week in this month, it was feared that the hot sun would do h. ereat deal of damage. Some of the orchards wnicn JM.r. .pieicner vis iter! showed effects from the hot sun. In some places large number of prunes havinir fallen to the ground. There are, however, enough prunes, still on the trees to insure one 01 me largest crops in the history of the county if the weatner remains ittvurauio iium now on. The J. K. Armsby pacKing company is already making preparations for handling the crop this fall. The ma chinery is being overhauled and notices are being sent to farmers informing them that the company will oe in tne market again this year. A. C. Peter son, manager of the company plant at Dallas, Or., spent the past week in Clarke county ana stated mat tne out look for a big crop was good. A new manager, to succeed Scott Swetland, who died several weeks ago, will be appointed soon. NORTHWEST BANK STATEMENT POTATO MARKET IS STILL CLIMBING IN PACIFIC NORTHWEST In Fact Entire Coast Trade Mass of Strength With Growers in - Mood to Ask More Money; Front Street Absorbs Strength. Potato market is still climbing at Pacific northwest points and the local trade is absorbing some of the strength. Idaho shippers are advanc ing their quotations from 60 to 10c a cental almost every day and it Is al-' most impossible to Interest local growers lit selling. -. With offers being freely made at $1.40 a cental at local points for best quality available at this time, the Front street trade Is gradually elevat ing its quotations, although one price cutting firm is said to be 'punishing the street ast welS as local growers by offering below present actual cost. Naturally under stress of competition the rest of the trade is compelled to follow. California markets continue to show very liberal strength with further stiffening of values. Puget sound and Yakima are showing elevated prices with the former not willing to sell any of the best stock below $1.50 a cental. Chicago Wheat Pitt Prices Higher on a Foreign Demand Chicago, 111., April 15. (I. N. S.) Wheat closed lM.c higher. A good buying movement in the pit today caused a further advance in all grains at the start. May wheat opened 2e higher, July He and September lc at the outset. In the first hour of trading May Jumped c. Later there was a re action. Corn opened 4c higher, while oats started with an advance of He. Pro visions were steady. The great demand for the cash article from abroad has revived the trade. The market has had sharp re ductions, but no element in the trade will care to press the selling side under existing conditions. The foreign demand for wheat has revived the trade and is the principal cause of the rise. Trade leaders ex pressed the belief that the war period will be extended into the new crop months. Range of Chicago prices furnished by Overbeck & Cooke company. 216-217 Board of Trade building: WHEAT. Open. High. Low. Close. Mar ....$1.62Vi 1.63i4 $1.61 -$1.61 A Jul.v 1.295 1.325 1.29 1.30 A Sept 1.16 1.16 1.10s 1.15 CORN. f.T .74i .74 " .73 .74 A July 76 .77 .76 .76 B Sept 77 .77 .77 .77 A OATS. May -57 .5S .56 .58 A July 54 .56 . .54 .56 B Sept 46 .47 .46 .46 B PORK. May 17.40 17.42 17.27 1T.2T July 17.02 17.95 17.77 17.77 B Sept 18.27 18.30 18.15 18.15 A LARD. May 10.17 10.17 10.12 10.12 A July 10.42 10.45 10.37 10.87 B Sept 10.62 A RIBS. May 10.12 10.15 10.O5 10.00 July 10.45 10.45 10:37 10.37 A Sept. 10.62 A Few High Eecords For Ten Securities In Stock Market . New York. April 15. -(I. N. S.) Ten new high record marks were made on the stock exchange today in a market teeming with excitement and strong bidding., The industrial stocks of America were in heavy demand, orders to buy coming from every section . of the world. Railroad securities were sought, mining shares were more ac tive than for many a day. - - United States Steel common ad vanced to 58; 1 Mexican Petroleum soared to 82, Amalgamated Copper touched 75, Union Pacific reached 1324. American Locomotive Jumped to 48 and Westinghouse leaped to 82. National Lead sold up to 67 and Reading jumped to 153. Traction Issues reached the highest In years. The stock market was steady at the opening today, with the demand good. Industrial issues continued to be th3 attraction. 'Traction shares were- stroner and hieher. Interborough ad vanced, due to the formulating of a plan- for the exchange of cumulative stock for preferred shares. Bethlehem Steel was In a better po sition. The stock at the outset sold at 135. It advanced early, but later reacted. Mining shares- were firm. The railroad stocks opened slightly higher, but the strength did not hold. A slight reaction set in after the first hour. AMERICAN LIVESTOCK PRICES Chicago Hogs $7.45. Chicago, April 15. Hogs Receipts 17,000; market slow, 6 cent above yesterday arer ajte. Bulk $7,2047.40; light. $7.107.55; mixed, $7.03 7.45; beary. $6.07.4O; rough, $6.SO(tii7.00j pijfs, $9.004i6.80. Cattle Receipts 300O; market firm. Native beef steers, $6.00g:8.55; western, $5.6O(S7.40: cons and hellers, J2.bOQ8.O0; calTes, $5.0O 6.00. Sheep Receipts 10,000. Market steady. 7.404iS.55; lambs. $7.7510-8O. Kansas City Cattle Strong. Knnsas CHy. Mo., April 15. Hog's receipts 50O0-. market higher. Bulk $7.H((it.20; heavy $7.107.2O; packers aud butchers. $7.10y) 7.2U: light. $.10a.7.25; pigs, $6.757.10. cattle Receipts isoo. Market strong-, rrlme fed steers. S8.OiMa8.50: dressed beef steers, . 7.1O0iS.OO: western steers, (6.758.00; stock ers . and feeders. $6.253)7.So; bulls. $5.2S b.25: calves. 6.00fe9.00. Sheen Receipts 3500. Market steady. Lambs, $9.50010.35; yearllsfs, $8.G0(a.60; wethers. $7.75&S.5Q; ewes, 7. 5038.40. St. Louis Sheep Lower. St- Louis. Mo.. April 15. Hoars Receipts 8000. Market higher; pigs and lights, S6.25 rd'7.50; mixed and butchers, $7.857-50; good, heavy, $7,3567.45. Cattle Receipts 11. R00. Market steady. Na tive beef steers, S7.O08.75; cows and heif ers, $o.508.25; stockers and feeders, $5.75 c?7.25: southern steers, $5.25(37.70; cows and heifers; $4.0O36.OO: native calves, $6.008. Sheep Kecelpts 20,000. Market lower: ewes $6.50(38.25; lambs, $a.5010.50; yearlings, $8.50(s4a.50: sheared yearlings, $7.00(37.75. Omaha Hogs $7.15. South Omaha, Neb., April 15. Hogs Re ceipts S700. Market higher. Heavy $7.0044 7.10; light. $7.05(37.15; pigs. $6.0007.00; bulk, $7.oo37.io. Cattle Receipts 3300. Market steady. Na tive steers. $6.75(38.40; cows and heifers, $5.35 7.25; western steers, $6.oO7.80; Texas steers, $6.O0g7.80: cows and belters, $5.00(3 6.55; calves. $7.00010.00. Sheep Receipts 8000. Market steady. Year lings. $8.503.25; wethers. $7.7580; lambs $S.7510.25. Denver Hogs $7.45. Denver, Colo.. April 15 Cattle 1600. Market steady. Beef steers $6.oO&7.25; cows and hellers, $o.006.50; stockers and feeders, $5.25(7.00: calves, $8.0011.25. Hogs 1500. Market steady to weak; top, $7.45; bulk. $7.1507.30. Sheep--700. Market steady. IT. S. Government Bonds. New York. April 15. Government bonds: Bid. Ask. Twos registered 98 99 in rnunon ...... . mkj. Threes reg .......101 Range of New York prices furnished by Overbeck & Cooke company, 216-217 Board of Trade buildingj - GENERAL BUSINESS NEWS ;:' ! ; , Alleged Unscrupulous Methods Used by the East ern Mau jOrder Houses Getting Business Out West .Complained of by Local Merchants. SAWMILL; WILL BE OPENED IN VALLEY DESCRIPTION toiien Hteltl Low tClnr Anial. Copper Co Am. Car Sc Foun., c. Am, Can., c, do preferred Am. Cotton Oil, e... Am. Loco., c Am. Sugar; c......... Am. Smelt., c... do preferred ...... Am. Tel. & Tel....... Anaconda Mining Co. . Atchison, c do preferred Baltimore t O., c....l Beet Sugar Bethlehem Steel, c Brooklyn Rapid Tran. Canadian Pacific, c.. Central Leather, c... do preferred C. & G. W., c... C. O. W., pfd C. M. & St. Paul C. & N. W., e.... Chino Copper . .... Chesapeake etc Ohio.... Colo. Fuel tic Iron, c. Consolidated Gas I Corn Products, c, do preferred Delaware & Hudson... Den. Sc Rio Urande, c. do preferred Erie, c do 2d pfd do 1st pfd General Electric . . G. N., ore lands G. N.. pfd Ice Securities Illinois Central Inter. Har Int. Met., c, do preferred Lehigh Valley ..A... K. C. Southern Goodrich I.. & N. M.. K. & T., c I M.. K. & T.. pf Missouri Pacific National Lead Nevada Consolidated.. New Haven New York Central N. Y.. O. & W Norfolk St "Western, c. Northern Pacific, c... I'onnsylvaitia Railway. P. G.. . & C. Co... Pressed Steel Car, c. . tressed Steel Car, pr. Ray Cons. Copper.... Reading, c Reading. 2d pf Reading, lxt pf....... Republic I. & S., c. . . Republic I. V S., pf.. Rock Island, c. Southern Pacific, c... Southern Railway, c. Southern Railway, pf. Tenn. Copper ..... Texas & Pacific Union Pacific, . c. Union Pacific, pf IT. S. Rubber, c U. S. Rubber, pf TV . Rteel Co.. c. U. . Steel Co., pf... I tah Copper Waba.sh, c Wabash, pf W. If. Telcgrar Westinghouse Elec. Studebaker . v. .. 73 52 35 42 71 71 106 S6 102 75 54 49H 73 73 105 3 103 76 4 137 1 3 "12 84 94 U 132 45 47 84 73 52 35 42 71 71 104 '35 102 76 45 131 01 168 38 '12 120 X, 44 4 83 74 04 36 H PS SOW 40 SB 104 120 .36 102 98 76 46 132 91 168 i 88 102 125 a 91) 93 130 44 46V 33 16 1124 1125 14 78 28 44 150 30 119 33 20 7 J 'A 141 25 62 29 '45 151 40 V. 120 34 tt, 22 75 144 25 14 i" 64 15 61 87 28 104 lO0 119 22 150 26 38 62 18 83" 16 131 81 73 107 56 108 64 1 4 67 78 S8 13 76 27 43 149 39 110 33 20 73 141 24 15 i 67 Vi ir.u 63 V, 88 28 104 iio" 120 22 153 26 85 38 62 18 33 16 130 HI 74 107 58 108 66 1 4 G8 68" 14 ir, 63 Vl I 14 61 87 28 14 77 151 8 14 28 35 44 150 39 120 33 108 100 21 7 142 25 The ."trade at home" Idea Is saining ground rapidly all over the country, according to E. .J." Jaeger of Jaeger Brothers of this city. "But the one main obstacle to 1 the success of the movement Is the .unscrupulous business methods used by some of the eastern mail order houses Thousands of dol lars of Oregon money finds its way to the east annually because of mis. representation on the part of the east ern firms. One of the favorite means of deceiving th purchaser is by ad vertising a certain class of goods at a low price, then after the buyer . has nibbled at the bait and ordered one of the articles in question, the house writes 'back that It is unfortunately just put of that particular line of goods, and recommends that another kind be purchased Instead. This bait works, admirably in many cases. Tiie result is that the purchaser gets something- he did. not "want at first, and pays more money for It than the ad vertised article called for. The Retail Merchants association." of which I was formerly the president, took up this problem, and by means of scores of personal letters, we succeeded in putting a damper on the practice to some extent. Tha-mail order business, however, is an extensive one, millions of catalogues being sent out to pros pective customers from the east. "The fact Is, although Portland stores can make as good If not better prices than the eastern dealers, goods sold by local firms are always open to . inspection and. complaints may be readily placed and without delay. Home buyer should remember that eastern concerns who sell by sample and catalogue arj not helping build up local industry. ' Local stores pay high rents and dis tribute big sums of money in meeting payrolls." Sawmill Will Be Opened. A party of eastern capitalists head ed by Rosencrans & Son have obtained possession of tha old Sam Moore mill of the Occidental Lumber company, and the sawmill, which is located a few miles west of CorvalllH, will be lit operation soon, it Is stated. The mill will employ 60 .to 60 men, and It is proposed to cut off 200 acres of fine timber "in the first unit. With . 300 acres of timber land immediately 'avail able elsewhere, also, it is hoped that the mill will be kept running day and night for three or four years. Survey for the big flume from the mill to-, the C. & E. railroad has already, been completed. 120 14 38 15 02 15 i.i 65 87'- 27 104ll0.'tU 108 100 119 22 150 24 83 85 32 16 130 72 107 55 108 64 i 3 67 "ei" 109 119 38 91 22 151 83 80 26 83 36 02 18 B8 32 15 131 80 73 107 56 108 64 1 3 67 81 66 Ei. dir. 1 per cent. "Ex. div. 2 per cent. GOOD TIMES PREDICTED Los Angeles. Cal., April 15. (P. N. S.) L. N. Stott, Los Angeles manager of the brokerage firm of Logan & Bryan, in an interview today, declared that a general wave of prosperity is sweeping the United States. Mr. Stott says that the great strength and ac tivity now prevailing in the New York stock market is but a'forerunner of a period of prosperity unprecedented In this country. "The great topic of conversation," said Stott, "among business men wher ever one g6es, Is the sudden rise in stock values. What does it mean, they ask? - "Precisely -this. A great revival of general business. It means prosperity for the nation. It means a full dinner pail. "The ' market always discounts- the future from three to six months, ana this enthusiasm shown in Wall street is but a forerunner of a general wave of prosperity , all over the United States- Chamber Will Act On Constitution ... 1 Bpeclal Committee) Ha-Tin Draft fit Form of OoTerament In Charge Will Seport to Membership. Final action will be taken.tonight by the members of the view Chamber of Commerce on the! constitution and by laws, the special committee having this in charge being practically ready with Its report. The. meeting will be held at 8 o'clock in the large dining room. Copies of the proposed form of gov ernment will be printed for the use and study of every member. The adoption of the plan of government will be fol lowed by the election of orncers under It, this event being scheduled for next week. After that tne permanent worK ing staff will be selected. NEW SUITS FILED The HolcombeiRealty company yes terday aued J. D. .Paul in -an attempt to force Paul to remove a building al leged to have cost but $200 from an Irvington Park lot. It Is charged that Paul violated the building restrictions of the addition in building the shack. Time Has No Evil Effect on Clock 195 Years of Age Springdale, Or., April ID. What !s believed to be the old est clock in . the state in good . running order Is in theposses-" sion of Sutllff Bates,' living about a mile east of the upper Sandy river bridge. A clear record handed down from gener ation to generation shows the clock to be at least 196 years old. -It la brass faced and of the wallsweep type and has only an hour hand, with the dial divided Into quarter hours. The clock 1b hand made and one weight runs both the time and striking machinery. Until the last few weeks the clock has not been in use since the marriage of Mr. Bates In 1867, when It was presented to him by his father-in-law, Da vid Flsk. In 1848 the clock was the inspiration for "An Apos trophe to sn Old Clock" written by David Fisk, who then owned it. 1 m The First National Bank Fifth and Morrison Streets - . i " . - . Capital and Surplus $3,500,000 In every department of banking we are prepared to serve the public acceptably. kAD) OMry l)Aln III a, -wijhi sirt 11 " The Oldest Bank In the Pacific Northwest cordially invites your account subject to Check or in its Savings Department, with the assurance of courteous treatment. ctabDsSdib59 CORNER WASHINGTON AND THIRD Clearings Monday . . , Tuesday .. Wednesday Thursday . Portland Banks. This week. $2,197,130.60 i. 1.925.671.90 2.608,770.44 1,838.203.61 Year ago. $2,538,383.65 2,415.311.94 2.342.048.50 2.185,775.10 Xos Angeles Saxiks. Clesrinjrs $3,108,024.47 Balances 190,812.08 San XVaneUco Kns, Clearings t $8,421,372.17 Seattle Banks. Clearings $1,929. 7W.00 Balances 196.0080)0 BUYING WOOL AND MOHAIR Guaranteed to pay highest market price. Special attention paid to Pools. r. w. wiLLUMa, a. Sr. a. so. x, jnnotloa-city. Ox, , , do. couoon Fours reg. . . . do. coupon . Twos Panama Twos 938 . .. .101 V, . .109 . .110 . . 98 .. 98 110 Foreign Exchange. Merchants National bank quotes for eign exchange: London Sterling, $4.82. Berlin Marks, 21.10. Paris Francs. 19.44. Hongkong Currency, 44.65. Vienna 15.93. Athens 19.49. The babies of this day think they have a hard time, but they don't know what those of us suffered who were babies before the safety, pin was invented. Overbeck & Cooke Co. Stocks, Bonds. Cotton, drain. Ste 16-817 Board of Trad Bonding. - DIRECT PRIVATE WIRES TO ALL EXCHANGES Members Chicago Board of Trader in Bryan. Correspondents of lo cnicaso. xew aran Torts. Advance Offering Portland Railway, Light & Power Company 2-Year 5 Gold Notes Dated May 1, 1915. j Due May t, 1917. Coupon Notes in Denomination of $1000 Each. . Interest Payable Semi-Annually. Guarantee Trust Company, New York City, Trustee These notes are a direct obligation! of the Portland Railway, Light & Power Company and are secured by collateral deposited with the Trustee, the par value of which is twice the amount of the Note Issue. The, Portland Railway, Light & Power Company has outstanding $25,000,000 capital stock, 75 paid up, leaving $6,250,000 in cash which can be assessed on the stock, or 1 times the principal of this Note Issue. ... . The surplus earnings of the Portland Railway, Light & Power Company for the year 1914 amounted to over four, tfmes the" annual interest on tli3 issue of $5,000,000 Notes. '' A safe and profitable short-time investment. YIELDING BETTER THAN 6 Descriptive circular containing detailed information furnished upon request. Morris J Brothers - ' IXC. - , Railway Exchange Building, Portland ; " - . - i , ' f 4