The Oregon daily journal. (Portland, Or.) 1902-1972, April 21, 1915, Image 10

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The Oregon daily journal., April 21, 1915, Page 10, Image 10

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Newspaper Page Text7 r SPORTSMEN ARE SELLING ENOUGH FISH TO OPERATE A CANNERY MOHAIR MARKET IS TENDING DOWNWARD; PRICE IDEAS LOWER Latest Sales Are 1 54 c Pound Less Than First One- Turkish Situa tion Not Generally Understood No Substitute for Woof. The sale of the Riddle mohair pool yesterday afternoon at 31c a pound or lVc a pound below the -first pool aale this season, indlcafea a weaker teellng In the trade as well as a lack of speculative tendency. Even tbe prevailing price is consid ered too high or the big buyers to participate In the trade. The first sales of mohair this season were at Walker where 32 c a pound was re ported obtained. The next was at Ed dyville where Norton paid 31e a - pound for about 20,000 pounds. The . third sale was the one at Riddle where the market dropped to 21 He The next one will be at Scio on Friday. It is expected that 12,000 pounds will be offered. v.. There seems to be some mistaten ideas regarding the mohair situation at this time. In some quarters the belief prevails that owing to the European war and the fact that Turkey will not be able to market its mohair, will mean much to the trade here. This is a de batable auestion. ,,., . , Practically all the Turkish mohair is sold each season to English and Ger man interests. None of this enters - the United States except In periods of exceptional prosperity and demand to gether with the inability of the home 'trade to fill requirements. -Therefore no far as the inability of the home trade to secure the Turkish mohair is concerned, this is not likely to have any Affect upon the trade. The only possible effect that the Turkish situation can have is to force buying of our "hair" by England, ir this occurs there will be a liberal ad vance in the price here. . . In some quarters the report Is being spread that owing to the high price 'of wool some manufacturers are fig uring upon using mohair as a substi tute. . This would scarcely force the price higher because if mohair Is util ized as a substitute for wool it would be so used only because it was cheap er. At the present time mohair is higher than wool, therefore even ir suc h a thing was possible, it would not be likely. r TWO CARS OF STRAWBERRIES Two cars of strawberries, both from California, arrived on the local market i a ii'r.i ir,wer. One car came from Los Angeles and the other from Fresno. Sales of the former at J2.2S and the latter at 75 85c, ac cording o size of crate. COOOANUTS COME IN ROUGH Shipments of cocoanuts in the rough .state arrived on the local market to day and attracted considerable atten tion The stock was carried in large bundles. The shipment came via San Francisco. HOGS SCARCE OX STREET Dressed hogs are very scarce along Front street and the market is firmer. Good veals are also scarce but poor ?uality is coming forward in quite air supply. Prices generally un f changed. MORE EGGS ARE COMING Front street reports in more egg sup plies today than for some time past. This Is believed to be due, to the fact that the storage interests have been securing more than they were able to take care of. Prices about the same. CORN PRODUCTS ARE HIGHER Owing to the firmer trend in the corn trade recently in the east, corn prod ucts are showing fair advances In the local market. Price rises were reported today in syrup, corn meal and starch. SHIPPERS WEATHER NOTICE Weather bureau sends the following notice to shippers: Protect shipments as far north as Seattle against mini- Edited by Hyman H. Cohen. SALMON CANNERY IS OPERATING HERE IN THE CLOSED PERIOD Sufficient Salmon Being' Sold by Money - Making Sportsmen to hive Ton a Day to Local Plant-" Officials Are Astonished. J, ne of the "sie-hts" In the trade at this time is the fact that a big salmon cannery is being operated in this city during tho closed season for commer cial fishing. Notwithstanding the fact that regu lar! fishing operations are not allowed by flaw, this salmon cannery ia said to have obtained fully a ton of fish at Oregon City from commercial fisher men, ope.-ating as sportsmen with hook and line. According to an official of the state fish commission, this is proving one of the real weaknesses of the Oregon law. The sportsmen are allowed to catch three fish a day and can sell them in the open market While net fish ermen are not allowed to operate. The sale of these fish, according to a state Official, can scarce! v he ree-iilat un der! present conditions, thereby defeat ing me very purposes or the law which seeks to protect the salmon dur ingt the early spring run. It is stated that measures will be taken to either prohibit entirely the sale of fish caught during the present closed season, or else open the season and rivers so that anyone can fish at any time. mum temperatures of about 35 de grees; northeast to Spokane. 28 de grees; southeast to Boise, 26 degrees; south to Ashland. 30 degrees. Mini mum temperature at Portland tonight uuuui oo uegrees. I . V. BRIEF NOTES OF THE TRADE Chickens continue firm. Asparagus trade in holdlnsr tedv Potato market firm at unchanged Interest in hoos is allarhtiv Incrmsul increased inquiries are shown for canned nsn. Next Crop Wheat Sharply Up Today At Chicago Close Chicago. April 21. (I. N. S.) Wheat was very strong at the close for September with a net gain of lc, July c and May '4c Wheat prices sagged in the pit at the opening today on reports of the renewed attacks by the allies on the forts In the Dardanelles. May wheat opened at $1.58 Vi, a drop of 2 He from last night. July wheat was off J,4c at the start and September wheat opened at ti.zitt. a decline of c. Foreigners were on both sides or the market. Many of the traders are bearish on July and September on the price ana crop prospects. May corn opened with a slight de cline, while July was He up at the outset. There was considerable short coverings on the advance. Oats was steady, provisions were weak. Range of Chicago prices furnished by Overbeck & Cooke company, 216-217 rsoara or j racle Duildlng: WHBAT Open ..$1.58i . 1 .84 .. 1.21 ii CALIFORNIA BUYING May July Sept. Hay July Sept. May July Sept. May July Sept. May July Sept. .774 .. .80 .. .80 -57J4 ... .564 .. .48V -.17.47 . .18.05 ...18.45 . .10.17 ..10.37 -.10.05 May. 10.12 Jaly 10.45 Sept. lo.7a HiKh. $1.01 H l.ae'j 1.24 V-i COHN .78 .80 81V OATS .57 i .50 4STi ' POKK 17.55 18.10 18.02 LAUD lu.;3 10.42 10. OS RIB3 1O.20 10.52 10.72 Low. $1.57 1.34 1.21 .774 -78 -80 .56 Clise. $1.61 J.3514 1.23 A 77B .80B .80 B .55 .58 A .47 .48 B 17.45 17.47 17.05 18.02 18.40 18.47 10.12 10.12 A lO.HS 10.) A 1005 1O.05 A 10.12 10.17 B 10.45 10.52 A 10.72 Hi. 77 B TRANSPORTATION Palaces of the Pacific 8. S. WOETHEBH PACITIO S. 8. GREAT NORTHERN Se Iuxe Fast Una to SAN FRANCISCO 8. 8. WORTBCERW PACIFIC Balls April 85. 39, May 3, 7, 11. IS. ;: 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 after shipment from San Francisco. 50BTH BANK TICKET OFFICE. Jphones: Mar. 930, A -6671 5th ft stark COOS BAY AND EUREKA S.S.ELDER BAXXiS SUNDAY. APR, 85, 9 A. M. UiC EVERY SUNDAY THiKjCAFXEa FORTH PACIFIC STEAMSHIP CO. Ticket Office I Freight Offioa 122A 84 St. root Northrop St. MAIN 1314 A-1314 Main 6209; A-S421 S. 8. BEAVER For San Francisco, Los Angeles tAR, April 33 Tbe 8u m&oisoo Portland S. 8. 0.. M ead Washing-ton Str;. (With O-W. a. AN. Co.) T.l. Marshall ftoOO. . A-6181. STEAMSHIP BREAKWATER Sails from Alas worth Dock, Portland, a. at. Friday. freight and Ticket offioa, Alna wortk Dock, f hone i.ai 8800. A-&33S. City Tickat offioa, 80 bixth at. Phone Marshall 4600. A-1S1. Portland Cooa Bay S. S. Ian. American-Hawaiian S. S. Co. A-l Bteamshlp "BONOXVTJXAJr (7069 Gross Tons) Carrying 1st Class Passengers only to NEW ?OBJC Via the Panama Canal Sails from San Francisco on or about MAT 10 Far $150.00. C, D. KENNEDY, Agent. - .870 Stark Street, Portland. Or. STEAMSHIP Balls Direct for San Francisco, Xtom Angeles and Baa Diegro. Friday, 2:30 p. m., April 23 BAN FRANCISCO. FORTX.AJND ft X.OB ANOELES STEAM SKIP CO. FRANK BO T.T.AM, Agent. 134 Third B. A-459a. Mala 88. JOBBING PRICES OP PORTLAND Tfe'esc prire are ihose at which wholesaler ""w retailers, eieept -s otberwtae stated. I bey are corrected up to noon euch day: ' Dairy Produce. EGGS Nearby freshly gathered, J8V,19e; csset count, 18c. BpTTERFAT No. 1 Portland delirery. 24e. BUTTEK Nominal. Willamette Tallev creamery cubes, selling price, 21c: state print's 23e24c; rauch butter, 16017c; city creamery, cafe; lots, 25c; lesi than case lots, Vic lb. extra. LIVE POULTRY Hens, Plymouth Rock, J6c;l ordinary' chicken, 15c; broilers, 1 to 2 lbs., 20225c; turkeys, 18c; dressed. 22 6f24c; pigeons, $1.001.5; squabs ) dozea: geese, fire. 8q,9c: Pckin ducks, 1314c. C HE ES 11 Fresh Oregon fancy full cream twins and tripleta, 16c; Young America, 16'A 417c; sturape flats, 14VjC I Fruit and Vegetables. FRESH FRUIT Oranges, navel, $2.002.SO; tangerines, 1.25; bananas, 4c lb.; lemons, ta.2iki44.50; limes, $1.00 per HX); grape fruit, -.5t&4.ttO per case; pineapples, 7c lb.: pears, S4.50; strawberries, Zxtuisina, S3. 50 per crate; I. os j Angeles, S1.751.S5 per crate; Florin, $J.23j33.yO per crate. APPLES Local, 70cS1.5O box, according to quality. OSIONS Local. No. 1, 1.101.15; associa tion f selling price,. No. 1, 75c f. o b. country poiut; garlic, 17c. POTATOES Selling irlce: Extra choice ta ble stock, 1.50L75 per cental; new CaUfor nia,f ft VjfrjSc per lb.; sweets, $3.25. VEGETABLES Turnips, S1.251.50; beets. 75 dozen bunches: carrots, new. 7s- rinen ll'un'Tbes; parsnips, fl.0O4il.25 sack; cabbage. r2MELS(S3.5o cental; head lettuce, S2.50 crate; is'wu uuiuuk, ioc uozeo ouncnes; peppers bell.) 2630c; head lettuce, 2.50 per crate celery, crate, S4.505.Ob: rhubarb, lH2c lb." cauiifldwer, local, 40o&$l.Lo dozen; French nrtichokes, 65c75c doasen; string beans, 30c; cranberries, eastern, Ut4l2 barrel; peas, 15 (ftl6c lb.; asparagus, local. 75c3$1.25 doaen; radishes, 20c per dozen bunches. Meats. Fish and Provisions. DRESSEO MEATS Selling price Country killed: Fancy hogs, 10c; rough and heavy, 8Wf.;,-fancy reals, llllc; ordinary, 8 l()c;jik)or, ti(g,7c; goats, 3(ti4c; spring lambs. liVStt'lb. HAMS. BACON. ETC. Hams. lfitf1T- brenktast bacon, 176J 27c; boiled hams, 27c; picnics, HVic; cottage, TuU, 13c. OYSTERS Olympia. per gallon, $3.50; cnunbd eastern, 55c can.; $6.50 doaen; eastern in shell, S1.85 per 100; razor clams, S2.50 box; eastern oysters, per gallon, solid pack, $3.00. FISH Dressed flounders. 7c; steelhead sal mon i t ); Royal Chinook 15c; perch, 6SJ 8c; lobsters, 25c lb.; silvtr smelt, 8c; salmon trout, 18c lb.; halibut, 7H&9c; Columbia river" smelt, 6065c box. LARD Tierces, kettle rvndered, 13c: stand ard, i 12c. C'BAIiS Large $1.75; n,edlum $1.25 doaen. 1 Hops, Wool- and Hides. HOPS Buying price, choice. 12c; prime," 11c; medium to prime. 10-Mc; medium, 10c; 1915 contracts, lzc. WOOL Nominal, 1915 clip: Willamette val ley, Coarse Cotswold, 24c; medium Shropshire, 25c ;' choice, fancy lots, 26c; eastern Oregon. 20to25c. HIDES Salted hides (25 lbs. and up), 13c; salted stags (50 lbs. and up), 9;c; salted kip (15 lbs. to 25 lbs.). 13c; sclted calf (up to 13 lbs.). 17c; green hides (25 lbs. and up), 12c; green stags (50 lbs. i.nd up), 8c; green kip (15 lbs. to 25 lbs.), 13Vic; green calf (up to 15 Ilw.),' lie; dry flint bides, 24c: dry flint calf (up to 7 lbs), 2tfc; dry salt' hides, 18c; dry horsehides, each. 60c to SI; horse hair, 25c; salt horsehides, each, S2.50 to aj.0O'; dry long wool pelts, 15c ; dry short wool; pelts, 13c; dry sbeep shearlings, each, 10c; salted sheep shearlings, each, 15c to 25c.. TALLOW No. 1, 4',4&494c; No. 2, 4a4ic; grease, H4c. MOHAIR 1915 S1H. CH1TT1M OR CASCARA BARK Buying pricej car lot3. 4Hc; less than car lots, 4c. TJ. S. Government Bonds. Stock Market Has Steady Close After A Strong Opening New York, April 21. (I. N. SO The market closed very steady. Leadins issues were fractionally lower. Profit taking caused the ellght decline. Many ions stocks were uncovered during tbe day. Utah copper touched 70 at nooa. It closed at 68. Reading was 1 down at the finish, and Union Pacific closed with a decline of . Amalga mated Copper closed strong at 78". The market opened strong today. Fol lowing the opening considerable activ ity developed in the copper shares and Amalgamated. Chino and Utah Copper soared to new high levels for the pres ent upward movement. The increased price of the metal caused, the activity and strength. j Bethlehem Steel was an active issue The stock Jumped to 160 early in tha trading after opening at 146. It closed last night at 143. Steel common was steady at 58. Aineti can Locomotive opened higher at 54 and sold up 2 points in the first hour. Amalgamated Copper touched 79v Chino 46 and Utah Copper 69. Interbnrouch ntnnka ro. v,rv, in good demand. There was evidence of profit taking In the rails, but the industrial list was not affected. American Can was up early in the day, selling at 38. In the rails, Koci Island was weak. Reading held steady. Union Pacific WAS trnn r on ' j o dian Pacific was firm. MILLSTUFFS HERE; BUYS WHEAT STOCKS South Is Again Purchaser in This Market and Cash Trade Gener ally is Reported Steady No Flour Business i to Brag About. WHEAT CAEGOES LOWER. t Loudon, April 21. Wlieat cargoes on pass age 14t4d lower. NORTHWEST GltAlN EECEIPTS. -Cars- Portland, today . 8 Vear ago 17 Season to date. 15672 Wheat .Barley . Flour. Oata. Hay .15134 31 date. 8707 o447 51 15 3397 37a 6 1865 2360 1 2 531 717 !' 4 1049 1022 4 4 1779 2473 3 4 1881 1527 3 8 2043 1861 682 424 2 8 1103 1162 2 8 1876 2451 9. 4 2934 2229 39 10 5180 4618 SMALL RUN WITH A GOOD DEMAND HERE; HOGS HITTING P5 Values Are Hardened a Fraction at North Portland . AVith Supply Available Killers Eager Bidders Today, Small lAre PORTLAND LIVESTOCK BUS Hoars. Cattle. CsItm!. Sheep. RAILROADS REPORT INCREASED EARNINGS I- GENERAL BUSINESS NEWS DURING FEBRUARY Ranee of Niw ynrt nriAao by Overbeck & Cooke Co., 216-217 Board "i iraue puiiaing: INSCRIPTION bonds: Bid. Ask. Twos registered 984 99 clot coupon 98 ... Threes registered 101 do. coupon 101 Fours registered 109 110 do. coupon 110 ... Twos Panama ! 98 ... Twos 1938 98 Foreign Exchange Rates. Merchants National bank quotes' for eign exchange: Xondon Sterling, $4.82. Benin Marks, 21.17. Paris Francs, 19.42. Hongkong Currency, 44.55. Vienna 15.86. Athens 19.46. finatila Hoii-v r.-rj ....... Seattle, Wash.. April 21. (C. P.) Butter Native Washington creamery brick, 25c; do solid packs. 24cw Cheese Oregon triplets. 16V4c; Wis consin twins, 17c; do triplets, 17c; Washington twins, 16c; Young Amer ica, 18c. Eggs Select ranch, 22c. I - San Francisco Dairy Produce. San Francisco, Cal.. April 21. U. P.) -Butter Extras, 23c; prime firsts 22c; i firsts, 22c Eggs Extras, 22c; pullets, 19c. Cheese California fancy, 11c; firsts, 10e; seconds, 8c. , San Francisco Potato Market. San Francisco, Cal., April 21. (U. P.) Potatoes, per cental, Salinas, $1.51 8S1.75; river. $1-00 : 1.26. j ' . New York Sugar and Coffee. New York, April 21. Sugar, centrifu gal. 4.77; molasses inactive. Coffee, New York No. 7 Rio, 74c; No. 4 Santos, 10c. "' I ' i Los Angeles Dairy" Products. Los Angeles, Cal.. April 21. (P. N. B.) Eggs, 22c, per case count Butter Freeh, extras, 22c, Jobbers' prices. j Amalgamated Cm. v American Car & rdv American tn. nf American Cotton nil n auiencnn juoco., e.... American Sugar, c. . . . American Smelt, c.... American Smelt, pf.... am. ifi. v il Anaconda Mlnina- - Co. . Atchison, c ..... Atchison, pf Baiumore c Ohio, c. Beet Sugar Bethlehem Steel, c Brooklyn R. T. Canadian Pacific, c. . . Central Leather, c.... uentral Leather, pf . . . . Chi. & G. W., c Chi. & G. W., pf Chi., M. & St. P Chi. & N. W., c Chino Copper Chesapeake & Ohio.... Colorado F. & I ., c . , . . Consolidated Gas Corn Products, c Corn Products, pf..... Denrer & R. G., c. . . . Denver & R. J., pf.... Erie, c Krie, 2d pf , ... Erie, 1st pf. General Electric G. Northern, ore lands G. Northern, pf....... Ice Securities Illinois Central. s Int. Harvester Int. Metropolitan, c. . . . Int. Metropolitan, pf.. Lehigh Valley Kansas City Southern. Goodrich Loute-rille & NashS . . . M., 4C. Si, T., e do preferred Mo. Pacific National Lead Nevada Consolidated .. New Haven N. Y. Central N. Y., O. & W Norfolk & West., c. North American Northern Pacific, c. . . Pacific Mail Steam, Co fenn. Railway P. G., L. & C. Co Pressed Steel Car, c. do preferred Ray Cons. Copper. . . Reading, c .......... . do 2d pfd Rep. Iron & Steel, c. do preferred Rock Island, c S. L. & S. F., 2d pfd Southern Pacific, e Southern Railway, e. do preferred Tenn. Copper Texas & Pacific Union Pacific c.... do preferred . tJ. S. Rubber, c do preferred U. S. Steel Co., c do preferred Utah Copper Wabash, c. do preferred Western Union Tel. . Westlnghonae Elec. Studebaker 78 79 72! 78 54 I 64l 63 I 63 88 61 81 50 50 64 55H 52 52 lit 111 HOW 110 73 75 73 73 105 122 12214 38 38 37V4 37Jfc 104 1104 1103 i 103vfe 1100 4H 14(S 82 17 1H 4v "is -iV4 46 48 34 127 15 81 29 46 154 J?8 32 21 X43 27 49 "l4 3l j 17, 661 15 71 82! 34 105 iii 110 44 .23 10a '28 87 24 84 19 60 34 17 134 107 BOM, 100 C7 1 85 67 100 79 48 150 93 172 13 99 131 47 49 34 129 15 81 28 154 38 12214 21 75 145 27 J4 so 17 66 15 71 92 34 105 iii 20 111 44 69 85 67 13 4T 140 US 19 13 36 130 4 48 33 127 14 79 28 "44 154 37 121 20 73 143 25 12 29 14 64 101 68 80 31 105 iioii 19. 110 43 23. 153 29 86 20 5 93 18 59 33 16 132Va 80 68 107 574 108 67 68 83 5 99 78 47 141 92 167 41 102 96 130 43 48 33 127 14 78 8 14 28 36 153 37 121 31 111 103 21 73 144 26 48 1Z3 12 30 14 64 15 69 91 31 105 78 110 19 111 120 43 86 i54 81 29 86 22 6 94 18 59j 83 16 132 68 107 57 108 18 3 68 83 66 Year aeo Tacoma, lues Vear ago Season to 1 ear ago .... Seattle. Mon.. Year ago . Season to date year ago A better feeling is shown in the cereal trade. California is asking for millstuffs. Some purchases of bran are reported for southern account, and while no sales of shorts are indicated, stocks of the latter are. said to be mod erate here. Prices are now quite well maintained. California' is also a buyer of wheat for milling purposes, although busi ness is not brisk. Prices in this line are quite well maintained, for cash stuff. . Oats and barley show a similar trend. Flour market continues extremely limited. Millers report that prises' are generally maintained, there being not enough business available at this time to fight about. Grain bag market is erratic with some anxiety expressed regarding sup plies. FLOUR Selling price: Patent, $6.80; Willamette valley, $6.80; local straight, $6.30; bakers', $6.80; export. 5.50 6.75. ' HAY New crop, ihiylng price: Wil lamette valley timothy, fancy, $12.50 513.00: eastern regon-Idaho fancy timothy, $15.00; alfalfa, $13.00 $13.50 ; vetch and oats,, $11.00; clover. $8.00 9.00 per ton. GRAIN SACKS 1915. nominal; No. 1 Calcutta, 64c. MILLSTUFFS Selling price: Bran, $25.00; shorts, $27.00. ROLLED BARLEY Selling price: $30.00 31.00 per ton. CORN Whole, il $35.50;- cracked, $36.50 per ton. Unexpected heavy: demand folLwheat appeared on the Portland Merchants .xcnange today with sales of - 65,000 bushels during the session. Market for sDot wneat on tne ex change showed a loss of lc each for club) and red Russian, 3c for fortyfold and c for bluestem. Red fife was unchanged. California was a liberal buyer. ea: 40,000 bushels May bluestem, $1.35; 10,000 bushels June bluestem, $1.36, and 5000 bushels June club at $1.30. bpot oats bids on the exchange were ouc a ton lower wltn no sales ana similar loss and condition was shown for barley. Millstuff bids were un changed. Merchants Exchange spot prices: WHEAT. Wed. Tues. Mon. Bid. Ask. Bid Wednesday 192 n Tuesday 55 Monday 1044 803 Saturday ....!,, 52 Maay 140 17 63 25 131 6f 511 163 84 15 127 383 83 27 Thursday Wreek ago Year ago Two years ago. . Three years ago Four years ago m 19? IE "si ll li 4f 3 Bluestem Fortyfold Club Red Fife . Red Russian . .$1.33 .. 1.2S 1.28 1.25 1.22 $1.34 1.32 1.30 1.28 1.26 $1.34 1.S1 1.29 1.25 1.23 $33.60 23.50 24.00 24.50 OATS. Feed $33.00 $34.00 BARLEY. Feed 25.00 26.25 MILLSTUFFS. Bran 24.00 25.00 Shorts 24.50 26.00 Futures were quoted: WHEAT. Bid. May bluestem $1.34 June bluestem 1.35 May fortyfold 1.29 June fortyfold 1.30 May club . 1.28 June club 1.29 May red Fife 1.26 June red Fife" 1.27 May red Russian 1.22 June red Russian 1.25 OATS. May a $33.00 June . . 33.00 BARLEY. May 25.00 June 24.00 BRAN. May J 24.00 June 24.50 SHORTS. Msy , 24.50 June -. 25.00 $1.34 1.81 1.29 1 .25 1-22 $33.50 25.50 23.50 24.00 Ask. $1.35 1.36 1.32 1.34 1.30 1.31 1 .30 1.32 t-26 1.27 $34.00 34.50 26.25 27.0U 25.00 25.50 26.00 27.00 AMERICAN LIVESTOCK PRICES Chicago Hogs, $7.83. Chicago, April 21. (I. N. S.) Hogs Receipts 25,000; market steady to 5c lower. Bulk. $7.507.70; lights. $7.45f7.85; mixed, $7.357.75; heavy, $7.007.65; rough, $7.007.20. Cattle Receipts 16.000; market 10c lower than Monday's average. Beeves, $6.158.55; Texas steers. $5.606.80; western steers. $5.657.50; cows arid heifers. $3.008.20; calves, $5.75 8.50. Sheep Receipts, 17,000; market 5c to 10c lower. Native, $7.508.40; western, $7.608.5&; yearlings, $8.30 9.75; lambs, native. $8.4010.60. 1 $ St. Louis Hogs, $7.80. St. Louis, Mo.. April 21. Hogs Receipts 7000; market lower. Pigs and lights, $6.00 7.80; mixed and butchers. $7.657.80; good heavy. $7.607.75. Cattle-Receipts 2000; inarket steady. Native beef steers. $7.00 9.00; cows and heifers. $5.50 08.25; stockers and feeders. $5.75 7.25;- southern steers, $5.257.75; cows and? heifers, $4.00 6.00; native calves, $6.00 9.50. Sheep Receipts 1000; market steady. Ewes. $6.508.25; lambs, $9.60 10.65; sheared lambs, $8.7d9.10; yearlings, Hog market values hardened Slightly at North Portland today anJ early sales were made as high as $7185: for extreme tops. While there wasjonly a very limited run in the yarda pver night, demand was brisk and tlie sup ply was quickly disposed of full value. J At Chicago there was frafctional weakness in the swine situation for the day, sales being made a! nickel lower generally. Tops $7.80. Kansas City hog market was gen erally considered steady at $7.6p. General hog market range: i Best light $7.7p7.85 Medium light 7.60 7.65 Good to heavy 7.35 7.50 Rough and heavy . . 7.0p7.25 Cattle Situation Steady.; Steadiness is showing in the' cattle trade with only a small run reported pver night. While there Is no fight being made for the limited offerings in this division of the North Portland market, the trend of the trade is con sidered favorable, especially for select quality. j At Chicago weakness developed in the cattle market today and values were off a dime. I Kansas City cattle market was gen erally steady today. j General cattle market range: I f,elect steers $7.50 0.7.60 Best hay fed steers 7.25 7.35 Good to choice 7 00715 Ordinary to fair 6;606j75 cl vuws 6.006.25 Good to prime 7.75 6.00 Ordinary 4.04) 5.50 feelect calves i snos nn tancy bulls 6.50 6.0.) ordinary 4.005.00 Mutton Snpply Small. j PtV to and ,lamb suPPly at North Portland was limited today consider ing the lacK of offerings yesterday 1ji general the situation is considered steady with no visible change either in the market or valupn. Wit-h a small supply killers are not expected uuvoii values ana no special change is anticipated until offerings become more numerous. - At Chicago there was a weaker ton in the sheep trade with values 10c to 2oc lower. . General m n tf fin mnrlrat n n nr . Spring lambs $9.00 "-nam iea tsnorn iambs .... Best shorn wethers rsesi snorn ewes i Wni- ltoc,ls generally quoted at $1.00 higher than shorn. t Todays xavestock Snippers. - WalhTloa CrOW' GWendale, iiL?-S" l: TjOWe Moore, Idaho, 1 load; E. M. Martlnell, Dell, Mont. 3 loads. Sheep A. H, Boyes, Broadacres, 1 load. i Mixed stuff C. H. Farmer, McCoy l load hogs and sheep; F. B. Decker, bilverton. 1 load hogs and sheep; J D. Dinsmore, West Scio, 2 loads hogs and sheep. Wednesday Horning; Balea. COWS No. Ave. lbs Baying KoxM jXads Goods. The Eugene Commercial club is car rying the slogan, "patroniza home Industry,'- to a point where- practical benefits are "beginning to be derived. The question if buying made-at-home , '. . .i brooms was taken up with zeal. A com- . , ' mittee. consisting of ' S Dike Hooper, COmpariSOn IS DraWn With Kay Goodrich nd W. F. OUtrap made rt.,' r r m a careful canvass of the section of the DUSineSS Of Corresponding Eugene distrlvt and. met personally Mnnth I cjo Voar .merchants wb deal In brooms. All IVlUIIlfj Ldol loali I but two of the dealers visited gave i j ! hearty support to the movement and ; T .it is expected .that the remaining two Reports made to the Interstate Com- will fall Into line. The plans of the merce commission by 165 American commercial club had evidently been an rallways on the business done durln-J tlcipated by some of the more aggres the month Of February show graphl- . whf,llr. nrl hfori. th local cally a gradual increase of traffic and "V if W.ft esle,r? a1d . .torex. a corresponding Increase in net earn- committee could get Into action some ings. Reports for previous months or the stores had already purchased showed a great number of minus signs, a considerably quantity of brooms at indicative of decreases from last 1'ear. nnecial nrlri t U aulrl Th Rn 7 The report just published, however, broom factoRi is said to be able to S lrtlfeeWnef eirgoTpaffin.6""" , nnf actur? Bood Allty of brooms. kqU Th-ls, indicates that the railroads as Brew Ziumber Orders SeeelTed. ?? whole am mo than breakine even! . j .. .. . with February. 1914. The increases aer lumner companies are leeung shown are not large, for the most part, l,ie eriects or a aisunct revival or though some range as high as $760,- business. The Oregon Lumber company 000. as for example, the New Haven. I is operating Its mill and giving em- ine u-w. ti. & JN. s gain over epru- pioyment to a considerable number of 454 , 111 616 ?JZh i91" Zf i1783- i58 Piworkmen. Large orders are coming In krlhlrn th prospects are bright for a con- The Southern Pacific gained $371,849. tinuance of the good times. It is x The Great Northern gained $725,454. ipected that. the mill will be kept run in the report on the year's business, Ining full tlmej for; some time to come, however, the minus signs appear with Frank Gardinier, manager of the Baker far greater frequency. This also indi- White Pine Uumber company, said: cates that the business handled by th w . i th ordr road3 of late months has been heavier !K,,e. ftav,e a ,1 . ?,, f can rill, than for the months earlier. Ibut how ,on8 tsuls will continue we can- The O-W. R. & N.'s operating reve- tnot tell. The present Is very encourag nues for February totaled $1,482,435. ; ing, however, land the prospects are Operating expenses were $i 52.382. Tax quite in contrast with the gloomy con- ago. accruals ror the montn totaiea jjjo,- ditions ' niaaing a net operating income oi JZZ"J,876. The Southern Pacific's operating revenues were $6,966,342 and operating expenses were $4,659,371. The ac cruals of $375,080 made the operating xncome si,9Z6,354 that prevailed some weeks Auto Trade Good In TTmatillA. Umatilla county is taking a promi nent place among the counties of Ore gon in the matter of automobile sales. The Northern Pacific took in from iThls vear hasi atarted off with ln- passengers" and shippers $4,125,978 and greased business for tbe dealers, the im'h!;-J??- ZSnfftL Prosperity of tjhe residents of that sec comVfo $136' 71-wn the operating In- tJon mateyHal ,nfluenclng buying con. The S., P. & 8. derived $274,726 from Ijditions. It is estimated that at the operating sources during the month present time tjjiere are 1000 cars in the and spent $180,106. lax accruals of (county and th total value of the ma $53,400 make the operating Income i chines Is nlaced at $1,000,000. Salmon ; Creek,! Washington. Loggers of tjhe Salmon creek district ?9.25 8.00 7.00 5.50 Section. Oregon Oregon . . . . Oregon Oregon Oregon Oregon Oregon Oregon Oregon ...... Oregon Oregon Oregon Oregon Oregon ' Oregon Oregon Oregon Oregon ...... Oregon ...... Oregon Oregon Oregon Oregon Oregon Oregon Oregon Oregon uregon V HEIFERS 1 CALVES 1 HOGS 3 72 15 : 20 1 38 1 27 ., 3 2 1 10 19 2 2 LAMBS 11 103 2 10 14 15 32 EWES 13 38 Oregon 1 090 300 230 14fl 170 2i Vt 173 227 170 162 150 149 2!0 280 280 115 71 430 S35 62 50 110 49 84 02 66 17f 133 190 Price. $6.33 ' $3.00 $7.00 $7.85 ' 7.85 7.HS 7.85 7.80 7.80 7.80 7. SO 7.80 $41,149 The Great Northern received $3,914, 717 during the month in operative revenues, and expenses were $2,468, 262. Taxes amounting to $345,690 had accrued, leaving the operating income $1,100,321. Purchase Completed By , the Jones Store Stock and Good VM1, Etc.. of Sloe te Ffcelan Zirm Taken Over; to Bedeem Outstanding Scrip. Jones Cash Store has completed it.- purchase of the' stock, good will and other a.ssets of the Rice & Phelan com pany at Front and Oak streets, and. H. J. Ottenhelmer, manager of the Jones company, announced today that the business would be conducted under the same name as before. In connection with tills, Mr. Otten heimer stated i that all the customers' scrip Issued by Rice & Phelan and now outstanding will be redeemed under the same terms as If Rice & Phelan had never entered difficulties with creditors. Thousands of dollars worth of this scrip Is now held by farmers throughout Oregon; Washington. Idaho and Montana. "The credit of the Jones Cash Store trip, I L. J JU Tl J . . T V. 1 I, J ! .i , 10 uuw ueiuiiu xviv:3 iv r ucxbh, isam Mr. Ottenhelmer. "We have re financed the concern and are install ing an entire : new stock. All orders that had been held up during the period of negotiation with creditors are now being filled and the concern will be a 'going one from now on." are elated over the fact that recent rains enabled them to get out a Jarfc-e number of their logs which had'been wBting for the freshet. THe creeks and. rivers of that section of Washing ton all felt the benefits of the down pour. The rise in Lewis river floated about 3.000,000 feet of sawlogs to the ' boo ma at tbe mouth of the river. Black Band Samples Takenu i More than two tons of sample gold bearing: black sand have been taken recently from South Inlet district, by J. C. Moulton, representing a Sail Francisco company, says a Marshfleld report. The samples were taken from the Mattl&ws and Isaacs ranch on prop erty opened' by John R. Smith last year. The San Francisco firm has arranged to drill the district thor oughly before starting mining opera-tlonsi- '. Xiocal Firm Crete contract. Contract for the construction of a dyke In the Palis rivec- section of Willapa tlarbor, Wash., has been let to the Cowlits River Bridge company of this city. It ia proposed to re claim 1700 acres of fertilo" lands. The contract price was $60,000. Government Asks Bids. Sealed bids will be received at the treasury department, U. S. Coast . Guard. Washington, D. C, until 2 p m. Wednesday, May 10, for construction of Goast Guard station, Jetty, etc., at Coos Bay, Or. See classification No. 26 of today's Journal. . 4 Tenders Are Requested. Tenders are being called by the lighthouse department for the trans portation and delivery of 65.000 feet of lumber and 26 tons of freight from Ketchikan to Cape St. ICllaii. See government announcement in classifi cation 26 today's Journal. Owners Are Warned. The United States customs depart ment has seized two trunks, three suit cases, 2 handbags, comforters, ciga rettes and chaira which must e claimed before April 25. See govern ment advertisement under clasKiflea tlon 26 of today's Journal. Government Asks Bids. The lighthouse inspector' at , Ban Francisco is calling for tenders for the furnishing of coal, lumber, gasoline , J ,111..,. Y . B .1. . 1 . . I .. anu uiHiuiaie. rur luruier pai m umn see government advertisement under classification 26 of today's Journal. PLENTY OF MONEY ON CALL OFFERED IN EAST AT THIS TIME Money for Development Not Forthcoming at Present Says Guy W, Talhot. Jitneys Cause Drop In Utility Securities Plenty of niioney on call," but little money for development was the finan cial situation Encountered In New York by Guy W. Talbot, president of the Pa cific Power &i ' Light company andof the Portland I Gas & Coke company, who has Just returned from an eastern I founoVihat investors are waiting to see what happens to the money they alreadylhave tied up -In public utilities," saidMr. Talbot, -before they undertake to irisk anything more. I prophesy thatlittle public utility de velopment will take place this year in j any city of the country not Portland I alone. Only such Improvements as are required by'xranchise or for main taining properties-already existing will be made. There will be no new trans- mission lines, except where large con tracts for supplying power make such lnventmentH iustified. There will be no extension Of trackage or other im provement. ...... "But I am Hiot pessimistic. I think I realize the attitude of the investor. There is-no scarcity of money at all, but the money! Is being held with the Paclfio Gas & Electric One of Few Unaffected. Owing1 to Fact Its Trac tion Business Small. 1iihlln ntllHv Hooiii-ltioa hgva fnllefl : nrnanwl nf hfllW loans to KurODe SS off from 6 to 17 points since the first soon as the reconstruction process be- of the year, according to recent com- gins. Investors are, therefore, letting pilations, due to the competition of the out their money on the call basis with jitney bus. Among the few utilities the intention 6f taking it in as soon unaffected Dy tnis competition la tne as r.urope oeyins sssins iui uk,""' 7.H5 Pacific Gag & Electric company of 7.J0 California. That it has been immune is because its traction business ac- " Vn counts for but a small percentage of ess lts total earnings, which come princi aioo Psliv from supplying electricity, gas i unci wa-ier, Investors realize that European loans will be mighty good investments, backed as theyi. undoubtedly will be by the government's credit. With good interest rates on long term investments they see no good reason ror tying uy their money iiii this country at rates $9.00 ' earnings ror me maren ai quarter, ""."Ti, lust announced, show a gross of $4.- "Some ol im law """rr1 g-gg f 49 327ra" gain '"$406,751 over the Is bound to find it. way into good , do-?-w . i j -t n 1 , t u v. i moat in investments, lliougn it may oe V. 8.009.10; sheared , yearlings. $7.00 7o. Total sales. 1.046.800. Alaska, 31 31.i 37. 39. 394. NORTHWEST BANK STATEMENT Clearings Monday . . . Tuesday . . . Wednesday Clearings Balances Clearings Balances . Clearings Balances Clearings Clearings Balances Portland Banks. This week, $2,107,471.99 ...... 2.369.130.62 1.65S.S71.64 Tear ago. $1,857,657.80 3,055,380.40 2,029,996.52 Tacoma Banks. .$ 308,581.00 67.073.00 .$1,683,328.00 . 193,116.00 ' Los Angeles Banks. . .$4,259,123.33 Baa Francisco Banks. .$3,033,828.63 Seattle Banks. .... .$1,683,323.87 193,113. 68 New York Cotton Market. Open. High. Low. Close. ..1092 1095 1084 1085 January . . March May July ..... October . , December .1113 .1016 1042 . .1075 ..1082 1114 1022 1047 1078 1093 1102 1012 1035 1063 1082 1103 1013 103 1066 1083 Kansas City CatUe-Steady. Kansas City. Mo., 'April 21. (P. N. S.) Hogs Receipts, 7000; market steady. Bulk, $7.407.55; heavy. $7.40 7.50; packers and butchers, $7.40 7.55; light, $7.40 0; pigs, $6.75 7.40. Cattle Receipts, 4500; market steady. Prime fed steers, $8.0&8.65; dressed beef steers, $7.25 8.00; west ern steers. $6.75 8.00; stockers and feeders. $6.508.70; bulls. $5.256.25; calves. $6.00 g 8.50. , Sheep Receipts, -5000; market low er. Lambs, $8.7510.00; yearlings, $7.509.50; wethers, $7.008.75; ewes. $6.75 8.50. Omaha Sheep Steady. South Omaha. Neb.. April 21. Hogs Receipts, 9600; market lower. Heavy. $7.307.40; light. $7.3597.45: pigs. $6.507.25; bulk, $7.307.40. Cattle Receipts, 6300; market steady. Native steers, $7.00 8.40; cows and heifers, $5.507.50; western steers, $6.507.80; Texas. steers. $6.0t 37.30; cows and heifers, $5.2537.00: calves, $8.00010.00. Sheep Receipts, 6700; market r.teady. Yearlings, $8.50 9.25; weth ers. $7.75 8.50; lambs, $10.0010.75. Denver Hogs, $7.65. Denver, Colo.. April 21. Cattle Re ceipts, 400; market, firm. Steers, $6 SO 7.65; cows and heifers, $5.0006.50: calves. $S.0011.00. Hogs Receipts, 400; market, higher. Top, $7.65; bulk, $7.507.2. Sheep None. Market, steady. Lake Copper Higher. Boston, April 21. Lake copper sales are reported at 20c. Various Wheat Markets. Liverpool Wheat closed unchanged Paris Wheat closed c higher Minneapolis Wheat closed. May $1.55; July, $1.61. Y' WinniDee Wheat ilnci -vr $1.59; July, $1.58. ' Ju?y"1U$h56 closed- May- l-59; Kansas City Wheat closed, May. $1.53; July. $1.28. San Francisco, Grain Market. San, Francisco, April 21. Barley calls: April 21 April 20 Open. Close. Close. May 131B 132A I32B Dec. 137 137 137B Spot quotations nominal Wheat Walla Walla, $2.27 02.30; Red Rus sian, $2.252.27; Turkey red, $2.30 2.32; bluestem, $2.352.40. Feed Barley. $1.32 1.35; whits oats, $1.80 1.82; bran, $26.50 27.50; middlings, $3233; shorts, $2728. t'ok '. same period 7.25 ! was running at an annual rate $1,000,- 7.25 i 000 better than last year. 7.00 j - 1 23 Public Utility Go. Earnings Increase NEW SUITS FILED Carrie Elwert Alexander, wife i -of Temple Alexander, now of San Fran cisco, yesterday sued her brother,! Dr. Charles P. Elwert, of New York, ask ing that the court partition a 55x100 foot tract at West Park and Yamhill streets and reform a deed to . another downtown lot which she alleges should be owned by each in undivided half Interests and not entirely by Dr.! El wert. The suits are the result of set tlement of the estate of the mother of the contestants. - Alleging thai changes in the plan of Improving Willamette boulevard dam-r aged a lot in Willamette Boulevard Acres in which she owns a half inter est, Dr. Esther Pohl Lovejoy this morn ing sued the city and City Treasurer Adams to restrain collection of assess ments against the property. Dr. Love joy alleges that she and Martha Timms, owner of the other half of the property, protested without i avail. She asserts that the changes leave her without room for a sidewalk or park ing except as she uses a portion of the lot Itself. i Joe Zizich this morning sued the Salem, Falls City & Western Railroad company for $6640 damages as the re sult of injuries received when a train of cars running wild struck a car on which Jio was working. The accident occurred January 8, 181. February reports of the American Power & Light company, giving com bined earnings of the Pacific Power & Light company, Portland Gas & Coke company, Kansas Gas & Coke com pany and Southwestern Power & Light company's, subsidiaries, show gains over last year both in gross and net. some months before this happens.' Public School Bonds Bring 5 Per Cent PORTLAND MAN BUYS INTEREST IN BANK r ''f J"'- '' ' ' ; m I- IK- 'xi W, . J Sidney C. Catching. After an. association of 17 years with the Merchants National bank of Portland, the last few yfars as as sistant cashier, Sidney C. Catching has purchased a substantial interest in a Washington County bank ami will take charge as prellent May L This is the Hank of Sherwood of Sherwood, Or...aii instltutlon of $14,000 capitalization, with deposits In excess of $75,000. Mr. Catching believes Sherwood has a future becauHe of the rapid develop ment of the farming community ad.-Jai-eht. Garden produce and onions nave made Sherwood famous through out the Willamette valley. - Mr. Catching In an Oregon boy. 'He was born at Forewt Orove. H6 came to Portland as a young man and 1ms been here for 31 years, 14 years in the insurance bunlness and 17 years with the Merchants National bank. FINANCIAL NOTES A new loan; (negotiated through the sale of $850.0,00: 5 per cent gold coupon bonds ia betrgj floated for the public school district of Edmonton. Alta. As a guaranteed the, pwvinc lal govern-, merit of Alberta is behind the bonds, each of which Js countersigned by the minister of education. Most of tho issue has already been sold in New X " m v.,1, Tnrnntn I ana uonaon, rx. tiross earnings oi inese cumpumes ; " . 'tJ.j, vnrt tnnlr ,in thn for February. 1915. were $585,650. a Nickerson of New York took up the gain of $37,458 over 1914. Expenses ! issue. and taxation totaled 8317,249, an in crease, of $20,454. The net was $268, 401, an increase of $17,004. The year's net was $3,176,467, an increase of $414,420. New Bank Is Open At Seward, Alaska One of the signs of activity follow ing announcement of the route of the Alaska railroad is the opening of the new Harriman National bank at Seward, which was scheduled to begin operations today. The Harriman National bank of New York la nnnnanr for the new institu tion which is the first-of the Alaskan banks to become a member of the fed eral rnurva hank. The Darent bank. of which J, W. Harriman is president, has deposits aggregating $21,000,000. Deposits at the date of charter, March 20, 1911. were $4.10M00. the gain in four years being 400 per cent. J. II. Sears, a director of the Alaska bank, and S. B. Congdon. assistant cashier, have started from Seattle for Seward to look after the new venture. Seattle Potato Market. Rattle Wash.. April 21. Onioni Oregon. $1.25ai.50; Yakima. 75cSi$l. Potatoes White River. $2628: Burbanks. $2730; Early Ohio. $45: Yakima Gems. $3437; Idaho and Montana. $25028. - W J. Dodsou, who will retire as president of the Bank of Sherwood on May 1. will retljre from active-business life and devote his attention to his farm and otherj property interests, re taining, however, his stock In the bank. Among the Out of town bankers visiting Portland today are Oeorge A. JnnAR or Bend and Asahel Bush of Salem. j H. Hirschberg. banker and capitalist of Independence, who has been ill with typhoid fever at the Good Samaritan hospital, has recovered sufficiently to be taken frftm the hospital to the Ore gon hotel. Mr. Hirschberg will remain at the Oregon Sunder the care of his physicians until he becomes strong enough to return to his home. , T 4 1. ii in The Merchants National hank will not appoint a successor to Sidney C. Catching, assistant cashier, who has resigned to become president of the Bank of Sherwood at Sherwood. Or., an apportioned among other officials of the bank. ! Lapwai, Idaho, Has Good floads Spirit The good roads movement has struck Lapwai, ldahi, to such an extent that a $500,000 county bond issue in being agitated for the development of trunk highways through the furm belt. A meeting of farmers and bunlneM men was -held at Lapwai recently to dis cuss, the issue snd plans were made for a general mass meeting later no. Delegations of road boosters from Lw- iston attended and toia or tnn nenonn their section Improved brought. roads . in had Investigate the different kinds of street paving and you'll de mand O BITULITHIC 6 s Overbeck & Cooke Co. Stocks, Bonds. Cotton. Oxsln. Bte.' aia-317 Board of Trade Bnlldlng. DIRECT PRIVATE WIRES TO ALU EXCHANGES i Members Chicago Board of Trade. Correspondents of Logan & Bryan. Chicago. New York, feg , IIP ESTABLISHED 1859 III ! 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. CORNER WASHINGTON AND THIRD