ACUTE-i SHORTAGE IN REFRIGERATOR CARS IS NOW IN SIGHT
POTATa H01D1NGS AR
E
SMALL; TRADE STILL
AT LOW EBB LOCALLY
Dealer Purchase Sparingly With
Growers Offering More Freely
at $1 to 91-25 Cental Offerings
- i
Increasing Here.
'' WLIU tr. mm - nntttnU In tiim P nrt 1 M d
territory ar rktber mall, and especially
that of rest good qaalltj, th market con
tlnuts rattier tick, with ooly occasional amall
salts by tb eountrjr to shippers at 1 to $1.25
a cental. Ths latter la the extreme tsIds,
and so far aa can be' confirmed only two car
loads bare- been purcnaaed at nearby potnta
during tbe laat werk ,ut that price. The balk
o( tbe present amall parcusses are arouna $1
VI. 10 per cental.
Potato rrowera have at laat become Beared,
nd are offering their stock much more freely.
Ttila la especially true of tlie aectlona Immedi
ately surrounding Portland, from where the
grower a can bnul their stock to market. Deal
er are excedlngly wary of th market, and
are not taking all offerings at tbe prices
quoted.
Demand for seed continues nnnsnally dis
appointing, wltb aeemlngly no Indication of
Improvement for tbe Immediate future. In
the meantime new California stock In rather
plentiful, with prkca easing off slightly.
EGGS DULL BUT UNCHANGED
Market for ecus la dull but unchanged so
'far as prices are concerned. Buying price
for case count remains at 21-jc Portland
delivery while ealea to retailers are belug
made generally at 2222Wc
Oats Bids Ruling
Too Low Here and
Higher Price Paid
Actual Transactions In Interior on
Higher Basis Than Being Bid
at Tidewater.
NORTHWEST GRAIN RECEIPTS.
Portland, Wed.. 80
year ago 9
Season to date.. 9,809
Year ago 15,738
Tacoma, Tues. . . t!
Year ago IK
Season to .date.. 6,51X1
Year ago 8,775
Seattle. Tuea. . . t
Year ago
8eaeon to date. . 7.470
Year ago 7,4i5
Tfie
Cars-
Wheat. BarleyTFlr. Oats. Hay
2
1701
1800
1511
1871
1
501 ....
548
6 3
3
12ST7 19M
1042 2113
11
S
Mft 2518
1912 19Z7
1
tt
827
It)
5
0
2173
1937
24
944 8948
1120 32S7
SMALL BROILERS ARE SOUGHT
WUle there Is a good demand for all offer
ing? of spring chickens, amall broilers
weighing from 1 lo 1 pounds each are In
beat demand at 30c wltb larger broilers as
tow ea sue.
SUGAR MARKET IS FIRMER
sain strength la showing In the market
for augar with further recent advances In
tbe of ruws in the east. The local
trade la etlll Inclined to anticipate an ad
vance In refined.
STRAWBERRIES ARE STEADY
Market for atrawberrlea la In good shape
long the wholesale way with prices gener
ally held steady at former figures. Heat
Florin. Cel., stork is selling at $1.75 a crate
With limited arrivals of Oreguua at $2.50.
DRESSED TURKEYS SCARCE
Uood demand la showing for dressed turkeya
Ilk the local market with a scarcity of offer
ings but live birds are oeemtngly not wanted
and are generally quoted weaker by commis
sion Interest.
BRIEF NOTES OF THE TRADE
Tralnload of bananas arrived In green but
perfect condition.
Carload of Florida tomatoes due during the
day. Quoted at $4.
first arrival of Ofeeon areen neas were
reported In from Myrtle Creek by McKwen
4c Paine Co. Triced at fie t,iirid.
Fresh salmon market Is icady with eup-
pUea not as heavy aa expected.
' Over euppiy or crabs glutting the local
errade. Quality perfect.
SHIPPERS' WEATHER NOTICE
Weather bureau adrlsea:
Protect shipments during tbe next 4? hours
aa far north aa Seattle against miulmum tem
peratures of about 50 degrees; .northeast to
Spokane, 4N degrees; Koulheast to Boise, 40
degrees; south to Ashland, 44 degrees. Mini
mum temperature at IVrtlaud tonight about
ss uiegreaa.
JOBBING PRICES OF PORTLAND
These prices are those at which wholesalers
, aell to retailers, except as otherwise stated:
Dairy Produce.
BUTTER Prints, extras, 2!tc; prime firsts,
STtc; firsts, 28Vfcc; cuhea, extras. 27rj2e; prime
firsts, ascitic; firsts, 24U25c per lb.; dairy,
19 U 20c.
BUTTKItFAT Portland delivery No. 1
our cream, 27c; No. 2, 25c.
- EGOS Selling price by dealers unsettled,
delivery extra: Selected freab. 22t22e due.;
ease count, buying price; Oregon ranch, 21 Vic.
, LIVE POULTRY Hens, heavy, Plymouth
Rock, 17V4c; ordinary chickens, 4 7e per lb.;
"stage, T2c; broilers, $3fl dnsen: turkeys. 30
021c; dressed, fancy, 2027c- culls. 17320c;
61(0008, IKal.25; squabs, $1.20 dozen: geese,
ve. lOQjlOHc; Pekln diicka. old. 17c lb.:
San Francisco
Los Angeles
fWltaoat Caa&sT Xa Bout)
Tits Biff, 10
Clean, S14
Comfortable, $13
Slstautly Appointed f 7
8A-OOUra BTXAMSBXr
BEAVER
Balls From Ainsworth Sock
3 P. M May 8.
100 Ooldea BUlss oa
Columbia River.
All Batss Inolads
Berths sUid Meals.
Table) and Service
Unsxcellea.
Ths San Tranolsoo S Portland 8. 8.
Co.. Third and Washington Street
(With O-W. B. tc Vf. Co.) Tel. Broad,
way 4500. A-6121.
trade here la somewhat at s loss to
ntderstand tbe atatements of some Interests
tbat the publication of the fact that oat are
being told at more money la forcing tbe mar
ket upward and that tbla city la not Ukely
to aefure tbe furthcoming government con
tract as a result.
Just how this la figured out the trade does
not know. Oata bids here have been lower
than elsewhere along the coast other markets
actually paying higher prlcea than the open
quotations here. This really does not mean
that Portland does not pay as high prices aa
competitive centers because such a condition
would be Impossible. (Jrowera aell their oata
on tbe highest bids obtainable and abow no
loyalty to any market.
With oata higher in other aectlona of the
northwest than quoted here, traders are at
a loss to underttand why Portland should
not bid lower than otbera and aecure the gov
ernment order.
lu the meantime the market for oats Is
gaining strength In the Interior and barley,
too, is showing a stronger tone.
Wheat buying Is of small volume but tbe
demand from millers la showing a slight In
crease. FLOL'U Selling price: Patent, $5.20: Wil
lamette ralley. il.KO; local straight, $4. 0044
C.Ou; bakers' local, $4,804(5.20; Montana spring
wheit, $0.10; exports, St.BO34.7o; whole
wheat, fti.Gj; graham, $5.4o; rye flour, $0.95
pe- barrel.
MAY Buying price. Willamette Taney um
othy funcy, $al; eastern Oregon-Idaho fancy
timothy, ilttl., allulta, tziuzz; veicn auu
UMH, $18; clover, $1.
UKAlM SALKS-lHlti nominal, ino. i tayui
ta, lii,i(U)l',iu In carluls; less amounta are
hlkher.
MILI.STUKF8 Selling price, carload Iota'
Br nn. $'t; shorts, $2,Vr0.
MOLLKU OATS $ti..Vt0.73 per barrel.
KoU.KI) HAU1.K V S:n.rn)(tf32 50 per ton.
While there were no sales of wheat daring
the seesiou of the Portland Merchants' lix
change, the market was firmer, sc to lc
above Tuesday. The Chicago market closed
higher for all deliveries.
May oats bids on th- locnl exchange were
firm at unchanged prl-es while May barley
was quoted 5iic a I'll higher for blda.
Merchants Enhance May prices:
WHEAT.
Wednesday.
Iild. Ask.
REFRIGERATOR CAR
SHORTAGE IS ACUTE
IN ENTIRE COUNTRY
Government Officials Taking Ac
tion to Remedy Trouble With
Conference Between Commerce
Commission and Shippers.
Kluestem . . .
Port y I old ...
Club
Red Plte ...
lied Itusslsn
Kit ,
!I4
il.'l
u:t 4
u;i
tin
W7
uo
Tues. Mon.
Bid
io;p 107
Tbe serious car shortage throughout tbe
corn try Is beginning to be felt by shippers and
distributors of early fruits end vegetables.
In tbe various conferences between tbe Inter
state commerce commission, railroad officials
and shippers, the latter have been represented,
for tbe most part by shippers of n on perishable
ctmmodltles.
A southern road confronted wltb an extra -ordinarily
heavy tonnage of perishable com
modities, finds, at the opening of the season
nearly half ita refrigerator equipment on oth
er lines, and is unable to get the cara home.
This la typical of other sections, and there is
great danger that the Interests of users of
refrigerator cars may be sacrificed to the ne
cetMties of other (shippers.
A year ago the department of agriculture In
a bulletin for farmers and shippers of perish
able farm products called attention to the
Importance of prompt loading and unloading
of cars, and to the economic waate Involved In
a misuse of cara. Aa the department's mar
keting work progresses, the Importance of this
pl'i se of transportation service becomes more
apparent. In response to appeals from ship
pers, the department. In an effort to avoid
dlbuster to growers, baa called to tbe atten
tion of the Interstate commerce commission
tht necessity for prompt movement, release
and speedy return to producing sections of all
refrigerator cars. Shippers and distributors
are again urged to cooperate In every way
porslble toward the end of greater refrigerator
car efficiency, and are reminded that their
cooperation, always necessary. Is more essen
tial this year than ever before.
STOCKER CATTLE IS A
STRONG FEATURE IN
ALL COUNTRY POINTS
R. B. Caswell, of Ktdwell & Cas
well, Returns From Montana
With Report of Extraordinary
Call East Crazy for Sheep.
Hogs. Cattle. Calves. Sheep.
34U 189 3 120
1119 73 6 813
4257 434 2tl 300
43 45 17 W
87 S 109 5 107
270 109 38 2M
289 4d .. 314
890
3S7 78 7 7('4
319 60 .. 339
OATS.
Feed -"00
BARLEY.
Feed 27. 2900
MILLSTUKKtt.
Rran 22K) -
Shorts 2425 2-r.O
Futures were quoted:
WHEAT.
June blues tern
June fortyfold
June club
June red Fife
June Itusalan
June
June
June brnn . .
June shorts
FKKD OATS.
FEED BARLEY.
MiLLSTurra.
03
92
93
92
20 25
2700
2300
2400
Bid.
. 104
. 941
. 93
- 93H
. 98Va
.2750
..2225
. .2450
92
91
91
90
2023
2680
2100
2350
Auk.
107
98
98
98
90
272S
2900
2400
2000
young and heavy, 18c; Indian Runners, 14c
per lb.
CHEESE Selling price: Fresh Oregon fancy
full cream twins and triplets. 19c per lb.;
Voung America, 2c. Price to Jobbera: Flats.
17c; Young America, 18c, f. o. b.; cream
brick, 2.'U(i24c; llmberger. 23W24C; Wlaconsln
wheel, 34tt30c; block Swiss. 3ic.
Fruits and Vegetablea.
FRESH FRU ITS Oranges, fancy nsvel.
f2.0O3.25; bananas. ?c lb.; lemons, $3.UOit
4.25 box; grapefruit, Florida, $4.505.25 case;
pineapples SVjrtlSoc per lb.; pears. $1.50ff2.u0.
BEKK1F.S Strawberries, Florin, $1.73; Ore
gon, $2.50.
APfLEy Local, $i.uuioii-30 per dox, accord
ing to quality.
Deferred Wheat Is
Generally Showing
A Steady Market
Chicago, May 8. Winter wheat ia favor
able; some damage by green bugs and Hes
sian fly. Spring wheat seeding delayed, ger
mination and growth unfavorable and affected
by cutworm,
Chicago, May 3. (I. N. 8.) May wheat
today capitulated to the pressure of the re
tent adrunce Induced by (mrely technical In
fluences. Crop reports today were of a very
conflicting nature and did not wholly bear
out the contention of the market leaders that
values have been too thoroughly discounted.
May opened H up. but In the first hour prlcea
declined to 114 and absorption waa not of the
usual character.
The deferred futures opened steady to a
ckse and July reacted lc, but later recovered,
nblle September held a steadier trend to
aalea In the first hour of almost lc above
owning.
From an analysis of the many reports eman
ating from country corregpondenta tt was
discernible today that farmers are holding
more grain In resrve than has been credited.
Moderate supplementary damage reports have
worked for a revision of sentiment, fuelling
In tbe early market today was of good volume,
but' the big operators were noticeably con
servative and seemed to be awaiting a more
definite turn of tbe market.
Corn and oata assumed a trading pl'on
and prices fluctuated although moderate'y.
Some of the big bousea were on the buying
side of corn. Distant futures in oats were
under crop condition Influence, but nothing
of a startling nature developed in tbe news.
Range of Chicago prlcea furnished by Oevr
beck & Cooke company, 213-17 Board of Trade
"TWIN PALACES OF THE PACIFIC
Portland $20.00
to and
San Francisco $17.50
first-Class
, Tourlet. tlB.oo and S1XSO.
Third Class. $a.
MEALS AND BERTH INCLUDED.
S. S. Great Northern
Liner with the speed of an Express
Train. Steamer Express leaves North
Bank Station 9 A. M.
May 4, 9, 13, 18, 23, 27.
TICKET OFFICE. STB AND 8IAXX.
i. '.Phonee Broadway 920. A-6671.
American-Hawaiian Steamship Co
All sailings between
U. S. Atlantic and
U. S. Pacific ports
are canceled until
further notice.
O, t. Xennfcdr. Act.. 870 Stark St.. Portland.
-Dalles -Columbia Line
' - 1 Operatlnjr
Strs.J. N.Teal and Twin Cities
Portland to Upper Columbia and Snake
river point. - Lv. Portlsuid about every
tour days.
Ton nfTomcATioiT cau. ta-zxob
- ST. SOOJC HAXSr 613. A-7713.
NS No. 1, $1.75 per cental; No. 2.
$1.2V(f 1..W; association aelllng price, car
loads, gl.BO f. o. b. country points; garlic,
12 He; new onions, 1.7S2.00 crate.
POTATOES Selling price: Locsl, $1.2!ya
1.05; Imying price, f 1. 10491.23 per cental;
new California, 4 Hi 3c; sweets. $3.50.
VEGKTABLKR Turnips, 06c dozen bunches;
beets, ttsc per dozen bunches; carrota,-65c per
dozen bunches; parsnips, $1.00 sack; cabbage,
$3.50 per cwt.; green onions, 25c dosen
bunches; peppers, Florida,- 25c dozen; head
lettuce, California, $2.25 per crate; celery,
Florida, $3.00; cauliflower, local, $1.001.15
per dosen; French artichokes, 75c; aspara
gus, local. $1 .OO'a l.liJ dozen bunches; hot
house cucumbers, $1.001.50 dozen; tomatoes,
Florida, $4.0&4.26; egg plant. 20c lb.;
aprouts. 9c; cranberries, eastern. $ll.BOJ
12.00 per barrel; spinach. S 1 .IK) box; rhu
barb, iVsS2c per lb.; peas, odJOc lb.
Meats, Fish antt Provisions.
DRESS KU MEATS Selling price: Country
killed taucy bogs, 11c; poor, hyi0c per lb.;
lancy veals, lOc; ordinary, BitflOc per lb.;
goats, ittiitfic id.; spring lamoa. lie lb.;
mutton, 10c per lb.
HAMS, BACON, ETC. Hams, 18i4Q22c lb.;
breakfast bacon, 1730c lb.; bolleci bams.
80c lb.; picnic, 13c; cottage roll, 14c; Oregon
exports, 15ai6Mic per ib.
OYSTERS Olympla, per gallon, $3; canned
eastern, 55c can, $0.50 dozen; eastern In shell,
$1.85 per 100; raaor clams. 1-Vjc dozen; east
ern oyaters, per gallon, solid pack, $3.00.
FISH Dressed flounders, 7c; Chinook sal
mon, lie; perch, 78c per lb.; lobsters, 2T.c;
silver smelt, 8c; salmon trout, 12c lb.;
halibut, 11 'it 13c; torn cod, 7c; black baas.
7V4c lb.; ahad, 78c Jb.
CRABS Large, (1.76; medium, $1.25 dozen.
LARD Tierces, kettle, rendered, 14Vc;
standard, 14
Groceries.
SUGAR Cube, $S.U0; powdered. $8.65; fruit
or berry, $.1B; beet, $s.05; dry granulated,
$8.15; D yellow, $7.55. (Above Quotations
are 80 days net cash.)
HON BY New, $3-2333.50 per case.
KlCh; Japan style. No. 2, c; New Or
leans, head, 56c; blue rose, 5c.
SALT Coarse, balf grounds, 100s, $10.50 per
ton; 60a, $11. HO; table dairy. 50s, $10.00;
100s, $ltt.50; bales, $2.25; lump rock. $20 per
ton.
BEAN9 Small white, $7.25; large white,
$7.25; pink, $5.75; limaa, $0.00, bayou, $0.75;
red, $0.50.
Hope, Wool and Hides.
HOPS Nominal buyiDg , price, 1915 crop,
choice, 12c lb.; prime, 11c; medium to prime,
74j9c lb.
WOOL Nominal, 1919 clip: Willamette val
ley coarse (JoUwoUi. 3c; medium Shropshire,
31c: line, ROc: eastern Oregon, 18jn30c.
lliLiKK Salted hides (25 pounds nod tip).
16c; salted stags (50 lbs. and up, 12c; sa'ted
kip (15 lbs. to 25 lbs.), ITc; salted calf (up
to 16 lb.), 22c; green bides, (25 lbs. and up)
14c; green stags (50 lls. and up), loc; gren
kip (15 lbs. to 25 lbs.). ITc; green calt (uu to
15 lbs.), 22c; dry flint hides, 2c; dry flint
calt (up to T lbs.), 30c: dry salt hides, 23c;
dry horsehldes, each, 75c$l.S0; salt horse-
bidea, each. $2.00g3.00; horsehair, 2Sc; dry
lotg wool pelts, 20c; dry short wool pelts. ICc;
dry sheep shearlings, each, lu25r; salted
beep shearlings, each, 15gk-; coarse valley
wool, st market value; medium valley wool
at market value: mohair. 4S49c; No. 1 lal
low, 8c; No- 2 tallow. 7c; No. 1 grease, 6c;
dry goats, long balr, 18c; dry goata, shear
lings, each, 1020c; salted long wool pelts,
April, $1.50ft2.8U.
TALLOW No. 1, 8cr No. 2 7c; grease. 7c.
CUITTIU OR CASCARA BARK Bnyina:
prices, pes car lot, ifte; leos than car lots, 4c.
MOHAIR 1816, 48a!50c lb.
Faints and Oils.
COAL OIL Water white, in drums and iron
barrels, 10c.
LI NSKKD OIL Raw. bbla., 02c gallon; ket
tle boned, bbhv, 4c: raw, case, 87c; boiled
case. Otto (si.; lots ot 250 gallons, lc less.
TUKPENTINB laina, oie; cases, 74c gal
lon. WHITH LEAD Ton lota. 104c Jb.; - 600 Ib
lots, lie; less lots, HHc per lb.
OIL MEAL Carload lots. $34; less than etc
lota. $36.50.
GASOLINE Basts price lOHe per gallon.
building:
May
July
September
Mpv
July
September
May
July
September
Mbv
July
September
May
July
September
Mav
July
September
WHKAT.
Open. Hlih.
. 114 1 It!
. imH, 1 17 VI
. 11. '.J, 116.J4
CORN.
. 70 77 ,
. Tr,li4 77
. 70S 7S
OATS.
.40 47
. 4::t; 4 : ' i
. . 3D- 3tg
PORK.
270
2305
.2"05
.2.'0
. 12!0
.127
.1300
.1277
.11212
LARD.
12S7
12fH)
130."
RI11S.
11S5
tow.
114
115J4
114
70S
70
761-g
40
43V4
2300
2340
J290
12r
1205
1272
12S5
Cloee.
115M,A
110
116A
77HA
77 A
70'B
40 A
S9!'4
2370
23.KT
Z130
1202
120O
1300
1270
1277
12U0
BUTTER MARE IS
GENERALLY WEAKER
E
hX ! Rail Leaders in
Hyman H. Cohan
Upward Swing m
New York Market
AND CUB
S DRAGGING
Situation Is Unhealthy, Bat Cream
aery Interests Try to Uphold Prices
In Order to Protect Dairymen
Outlook for Decline.
PORTLAND LIVESTOCK RUN.
Wednesday
Tuesday ,
Monday
Saturday
Friday
Thursday
Week ago
Year ago
Two years ago. . .
Three yeara ago. .
The demand for stocker and feeder cattle
is proving unusually tempting at this time
sll over the western country and throughout
the Pacific northwest the prices available are
tho highest known.
K. B. Caswell, well known member of the
livestock commlsalen firm of Kldwell it Cas
well of North Portland, has returned from an
extended stay In Montana and reports an ex
ceedingly strong demand for stocker stuff.
"Not only is there an extraordinary de
mand for cattle," says Caswell, "but the
call for sheep Is enormous. Eastern Interests
are grabbing everything In sight on contract
in tbe Montana country and all of this stuff
ss usual will be fed for the eastern trade.
Cow Stuff Is Wanted.
Cow Stuff ia showing a very good demand
la the North Portland cattle marlaat at tbla
t:zne. Arrivals or she stuff recently In tbe
local yards nave been quickly snapped up
at full prices and the demand has been bet
ter than oxiering-a.
There has also continued a steady tone for
lightweight steers of quality but heavy stuff
Is almost impossible to move except at cur
tailed values.
Over night there was a amall supply of
cattle reported in the local yards but tbe
bulk of the arrivals were through shipments
to a Ptiget sound killer, who purchased them
direct in Montana.
General cattle market range:
Cloice pulp-fed steers $8.859.00
Choice grain-fed steers 8.75
Ordinary grain-led steers 8.25g8.40
Choice hay-fed steers 8..kj(jjc73
Good steers 7.608.00
Ordinary to common steers a. 00ffi7-00
Choice cows 7.50
Ordinary to common cowa 7.257.35
Choice heifers 7.5o4$7.'5
Ordinary heifers 7.00r7.26
Choice bulls 5.504jC.oo
Good to fair bulls 4.0t5.00
Ordinary to common bulla 2.00(1'. 75
Best light calvea 8.00
Good calves T.OO7.50
Choice light weights O.OO
Good light weight 8.80(88 90
Medium weights 8.50(8.75
Bough and heavy 8.00 (a 8-5
Bog Market Around $9.
While occasional sales of freight free and
amall lots of extra good awlne have been sold
to small killers st better prices, the real
top for hogs at North Portland in carload
lots Is not considered safely above $9 at the
moment. At least tbla ia the best price now
being offered.
A amall supply waa shown In tbe yards
over night but Monday's run waa sufficient
t- fill requirementa.
General bog market: .
Choice light weights $9.0O(g9J0
Good light weights 8.904J8.95
Medium weights 8.50I&8.75
Rough and heavy 8.00&S.25
Sheep Situation Quiet.
Again there waa a small supply of sheep
reported In the local yards from nearby
points. General trade conditions are Just
about steady although the extreme top for
lambs Is not considered over $10. As the
bulk of the shipments of late have consisted
ot shorn staff tbe quotations are today
cbsnged accordingly.
General mutton aud lamb range:
Select spring lambs $9.50 10.00
Bfst wethers 8.00
Good to common wethers 7.50
Best ewes 7.00
Good to common ewes 6,50
Wednesday Livestock Shippers.
Hogs Farmers' Union, Yamhill, 1 load; O.
H. Farmer, Polk, 1 load; George W. Eyre,
Mtrlon, 1 load.
Cattle Jan-.es Henry, Beaver Head, Mont.,
1 load. Fred Bunn, 5 loads, all going through.
Mixed atuff George D. Burdick. Linn. 1
kwd bogs and sheep; A. E. Harper, Canyon,
Idaho., 1 load cattle and hogs; F. May field.
Clackamas, 1 load cattle, calvea. hogs and
aheep; L. A. Thomas, Marlon, 1 load calves,
hogs and aheep.
Tuesday Afternoon Sales.
HOGS.
The butter market Is unhealthy. Stocks of
creamery are accumulating practically at all
points In the Pacific northwest, and especially'
In tbe country diatricU.
Cube prices are much weaker than prints, be
cause fur the latter the city trade Is gen
erally maintaining quotations tor Its beet
product. For other qualities price shading la
general.
The weakness In tbe California situation of
lste haa naturally been the dominating factor
the creamery Interests ss to wbst the
markets. A local publication, together with
a Puget sound paper have endeavored to "boss"
the cvreamery intereaea as to what they
should do with their prices, but moat ot the
kutter having the best Interests of the dairy
men at heart have been unwilling to force
values down faster than absolutely necessary.
In the meantime the market Is getting sea
sonably weaker and prospects are naturally
for lower prices.
Silver Advances
To Record in Decade
New Tort, May 8. (L N. S.) Sharp fluc
tuations In tbe leaders and a generally an
stead market featured the opening of tbe
stock exchange today. With tbe submarine
sltcetkn rapidly approaching a critical stage,
as professionals put it, and the Mexican trou
ble decidedly unsettled, domestic technical fse.
tors were anable to hold stocks to a steady
course.
Baying In the rail department has been of a
very Impressive nature, and was continued
today, bat upturns are held la check pending
a definite swing of the market.
New York Central. Beading and Union Pa
cific attracted the bulk of speculative atten
tion and slight gains were made from steady
opening prices. The former stock is said to
be earning double lta dividend, and it was re
ported that a cumulation Is being carried on.
Ranking opinion baa It that most ot the rails
ccn Id declare extra dividends now with coo
scrvstlsm, and probably this action Is being
withheld until a more propitious time. Tbe
srme can be said of United States Steel.
Market observers are Inclined to think that
the big Industrial companies are conserving
their earnings now for a period of readjust
ment that Is expected to follow the end of
the war.
Both United States Steel issues today were
higher and firmer, while Crucible fluctuated
on a 2 point margin, but IncUned toward higher
levels. Anaconda, recovered from the results
of yesterday's selling, opened half np and
went to 85 Vs - In the first hour. Butte and
Utah were active, and both scored advances
in the early trading. The former opened st
60H. and the latter at 80V4- Smelters and
Locomotive lasses received their usual amount
of attention, and following tbe early reaction,
prices showed a stiffening tendency.
Bang of New York prices furnished by
Overbeck & Cooks company, 216-17 Board ot
Trade building:
Description
The silver market continued
to boom with an extraordinary
demand. In New York bar sil
ver waa advanced to the high
est price in a docade at 77 4
784c and Mexican dollars were
advanced to 594t61c. At Lon
don the price ojC commercial
silvervadvanced to 37 d.
BOSTON COPPER QUOTATIONS
Boston
Adventure
Allouez .
Arcadian
Bohemia .
Butte Bal.
Butte Sup.
May 3. Copper blds:
8 Monawk
67
1
2
3
Nev. Cona.
Nipisslng . .
North Butte
North lake
9 is.
90itOld Colony
Cal. & Hecla.652 Old Domln.
Crahtennial .. 1 8 ! Osceola ..
Chino 63 I uinSy
Cop. Range. 64 a.v -ons.
Daly West . . 3
East Butte. . 12V4
Franklin . ,i 8
Goldfd Cons. 87
G.-Cananea. . 49
Granby ..... 87
Hancock ... 14
Helvetia ... 35
Indiana .... 35
Inspiration .. 44 &
Isle Royal .. i8
Keeweenaw . 6
Kerr Lake ,. 5
Lake Copper, lb 94,
Mason Valley 3
Mass Gas 15
Mass. Minirfgr 12
Mexico Oona. 86
Miami ....4. 36
Michigan 34
25
IV,
2.
68
92
22
Santa Fe .. 2
fchattuck. ..Jf 32
Success . 75
Sup. & Boa.. 3 15-16
Swift Pack. .129
Tamarack ... 63
Trinity 5
T uoiumne ... 85
United Fruit. 16
U. Shoe Men.. 68
do pfd
United Zino .
U. S. S"melt...
do pfd
Utah Apex . .
Utah Cons. . .
Victoria
Winona
Wolverine . . .
Barnes King.
fin t.
90
72 1
51
4
3
66
3
BANK STATEMENTS OP COAST
Clearings
Mondsy ...
Tuesday . . .
Wednesday
Clearings
Ba alnces . .
Clearings
Balances . .
Clearlnga
Clearings
Portland Banks.
This week. Tsar rwn
.... 2.488.286 63 1 2,462.821.88
. ... X.oWi,a!l.01
.... 2.167.223.G9
Seattle Banks.
Alaaka Gold
Allla Chalmers, c
Allls Chalmers, pfd...
American Beet Sugar..
American Can; e
America Car Fdy c. .
American Cotton Oil, c.
American Linseed, c...
American Linseed, pfd.
American Loco., c. . . .
American Smelter, c...
American Biuelter, pfd.
American Sugar, c
American Tel. & Tel. ..
American Woolen, c...
Anaconda Mining Co...
Atchison, c
Atchison, pfd
Baldwin Loco., c
Baltimore A Ohio, c...
Bethlehem Steel, c
Kethlehem Steel, pfd..
Brooklyn K. Transit. .
Calif. Petroleum, c
Calif. Petroleum, pfd. .
Canadian Pacific
Central Leather, r
Central Leather, pfd...
Chesapeake & Ohio....
Chicago & Gt. YV, c. . .
Chicago & Gt. W., pfd.
Chicago, M. & St. P. . .
Chicago & N. W., c...
Cnlno Cojiper
Colorado F. eft I., c. . . .
ConTTdted Gas
Corn Products, c
Crucible Steel, c
Crucible Steel, pfd
D. & E. Q., pfd
Distillers
Erie, c
Erie, 1st pfd.
General Electric
General Motors
Goodrich Rubber
GL North., ore lands. .
Gt. North., pfd
Greene Oananea
Hide St Leather, e
Hide St Leather, pfd...
Ice Securities
Illinois Cfcnrrsl
Industrlnl Alcohol ....
Inspiration
Intrboro. c
Interboro, pfd.
K. C. Southern, e....,
Ijickawanna Steel
, Lehigh Valley
IxuisTllle 6l Nashville
Open i High j Low Cio'
I8V
19
774
60
00
23 ii
50
09
18
110
128
45 Mi
8414
iuu;
100-4
b7
80
445
'85
224
110
128
45H
102
100
SO
459
85H
22
53
64' '
127
41
134
19
61
86
01
420
76
40
Tacoma Banks,
.$ 2. 5. 593.00
276,SC.OO
I
. 840.617.00 !
O9.7CS.00
San Francisco Banks
15, 710,905.00
Los Angeles Banks,
I e,B96, 270.00
49
146
45 14
16
24 H
69 '.4
78
19
27
78
69
60
00
23
50
60
99
19
2ft
77
68
54
69
'22
49
67 V
7
100
127
44
64
101
1004
86 Mi
R5
443
84
2
53
61
11
ili"
127
42
134
19
81
62
85
61
420
77
40
52
'ei
11
'92
1211
S3
41
133
18
79
60
35
51
420"
76
39
9R
86
6
AMERICAN LIVESTOCK PRICES
Wkn writing er calling oa sdvertlsers please
anentloa Tbe Journal. , (adv.)
Denver Hogs, $9.40.
Penvcr. May 8. Cattle Receipts 700, steady.
Peef steers. ?S'i9; cows unit heifers, $6
7.75: stockerB aud feeders, $6.C08.40i calTes,,
1012.
Hogn Receipt 1000, lower. Top, $9.40;
bi'lk, $0.209.35.
fcheep Receipts goo, steady. Lambs, $10.25
11; ewes, $88.00.
Chicago Hogs $9.90.
Chicago, May 3. (I. N. 3.) Hogs Re
ceipts 37,000, Blow, 5c under yesterday's aver
age. Bulk, $.709.80; light, 9.30(39.9O;
mixed. S9.458.85; heavy, $9.809.S5; rough,
$t 80(89 .45; plKs. $7.308.90.
Cattle Receipts 14.0IK), firm. Native beef
steers, $8til0; western steers, $7.90S.0;
stocktrs and feeders. $3.BO(ft8.05: cows and
betters, $4.25ji0.5O; calves. $.25Sj9.25.
Sheep Receipt K..OOO. steady. Wethers,
$6.90g9.3;j ; lambs, $T.7.")ill .80.
Kansas City Hogs $9.80.
Kansas City. May 3 (I. N. S.) Hogs Re
ceipts 12.000, lower. Bulk. $9.50(59.75; heavy.
$9.69.S0; packers and butchers. $!.55ffi
9.75; light. $.ri.45t0.cT; pigs. $$.25(39.10.
Cattle Receipts 5500. strong. Prime fed
steers, $9 .35 (tt 9. 65; dressed beet steers. $aa
9.25; weMtiTii Rteers. $8fi9.40: stockers and
feeders. $78.75; bulls, $5. 1 57.50; calves,
$6.60(310.50.
Sheep R-ceipts 7O0O. prrong. Lambs. fllfiS
11.75: yearlings. $9.759 10.75; wethers, $8.75
9.50; ewes, $8(38.83.
Omaha Hogs $9.60.
Omaha. Neb. May 3. (S. N. S.) Hog Re
ceipts 10.0(10. lower. Heavy, $9.45fr?9.."iO:
liRht, $D.30(i9.r0; pigs, ta; bulk. ?9.45?
9.60.
Ccttls Receipts 4200. siteaiiv. Native steers,
$8jiV50; cows and heifers, $0.75S. 25;" west
ern steers. $7.508.75: Texas steers, $7
7.75; stockers and feeders. $6.60(868.65.
S!ieep Receipts 4500, steadv. Yearlings,
$S.50(si 10.50; wethers. $$.25g;9.25; lambs,
$10.50 11.00.
St. Louis Hogs $9.85.
St. Lonls, May 3. (1. N. S.) Hogs Re
ceipts 7.VIO, steady. Pigs and lights. g7.50(!l
9.75; mixed and butchers, $9.65(9.80; good
heavy. $.809.S5.
Cattle lieceipts 2200. steady. Native beef
steers, $7.50 10; yearling steers and lielfers.
$S.50(&10: cows. $5.50(?$S.25; stockers anil
f ef oers. $3.50'J$S.50; southern steers. $5.75$$
8.75: cows and heifers, $4(36; native calves,
$C'i210.
Sheep Receipts 1200, steady. Yearling
wethers. S'JMIO.TS: lambs. sioril.SO: ewes.
$7.50gS.85.
' Seattle Hogs $9.25.
Seattle, Wash., May 3. (P. N. S.) Hog
Receipts, 14S3; steady. Prime lights, $9.20i
9.26; medium to choice, $9(39.15; smooth
heavies. H.5i8.75; rough beaTles. $8(tfS.2o;
pigs. $88.75.
Cattle Receipts, none: steady. Best steers.
J.5o(&9; medinm to choice. $8S.50; common
to "medium, $6.5OCft7.&0; best cows. $7Q7.50;
common to medium cows. $4(jr6.50; bulla, $4:50
6.50; calvea. $7.5088.60,
Sheep Receipts, none; fteady. Lamb. $10
(fill. 60; yearlings, $9.50; ewes, $7.50JS.
No.
2 hogs
H hogs
1 liog
11 h"gs
64 hogs
2 hogs
1 hog
2 hogs
7 hogs
1 bull
1 bull
4 cows
4 COWS
4 cows
1 cow
1 cow
1 cow
1 cow
1 cow
3 cows
1 cow
3 cow
2 cows
1 steer
BULLS.
COWS.
Ave. Lbs.
... 185
...206
. . HH)
. . . 219
. . 173
...295
... 340
... 115
... 132
.. .1300
...1120
. . .1033
...965
.. .1005
...1020
... 880
... 950
...1260
...1260
... 846
. . .' 990
. . .1060
...930
STEERS.
No.
1 cow -
1 bull .
20 Iambs
3 lambs
I ewe .
6 ewes
52 hogs
1 ling
S hogs
5 bogs
620
Wednesday Morning Salea.
COWS.
Ave. lba.
840
BULLS.
1140
VALLEY LAMBS.
47
Price
$0 00
9.00
O.'O
P.'KJ
9.00
8.50
8.00
7.50
7.50
$9.45
4.50
$7.60
7.25
7.00
7.00
0.50
6.60
6.25
0.25
6.50
6.25
6.78
6.00
$3.00
EWLS.
HOGS.
110
150
105
166
490
135
132
Price.
$4.50
$5.25
$9.75
8.50
$8.00
7.60
$9.05
S.a"
7.50
7.50
DAIRY PRODUCE ON THE COAST
Seattle Market.
Seattle, May 3. (U. P. ) Butter Native
Washington creamery, brick, 29c; ditto solid
pack, 28c.
Cheese Oregon triplets, 21c; Wisconsin trip
lets, 21c; ditto twins, 21c; Young Amer
ica, 22c.
Eggs Select ranch, 25c. 1
San Francises Market.
San Francisco. May 3. !.'. P. Butter
Extras. 24c; prime firsts. 23 c; firsts, 23c.
Kggs Extras, 21c; firsts, 2c; pullets,
19c dozen.
Cbeese California fancy. 12c; firsts, 12c.
Los Angeles Market.
Los Angeles, Cal., May 3. (P. N. S.)
Eggs, case count, 21 c.
Butter Fresh extra. 24c.
Oregon Apples In South.
San Francisco, May 2. Apples Per bo
Oregon Spitsenberg, 0 grade, $1.25(31 75:
fsncy, $1.801.90; extra fancy, $2.25te2.50
Newtown Pippins, Oregon family grade, 85cfti
$1.00; C grade, $1.3501 .40: fancy. $1.85(2
2.00: extra fancy. $2.10(a2.25: r.l'fni. j.
tier, $1j00(31.25; do, 4 tier. 85c4i$1.00- ! Beading, 2d pfd.
Bellflowers, 60c (3 $1.00, aceordlna to anl- Rep. iron & Stee
Mexican Petroleum
Miami Copper
M.. K. AT., c
1.769.799.94 1 Kennecott Conner ....
1,781,687.79 ' Missouri Pacific
National Biscuit
National Lead
Nevada Consolidated . .
New Haven
New York Air Brake.
New York Central....
N. Y.. O. A W
Norfolk & Western, c.
Northern Pacific
Pacific Mall
Penn. Railway
Peoples Gas
Pittsburg (loal, e
Pittsburg Coal, pfd...
IJ-essed Steel Car, c. .
DI..1 Car mxA
Ray Oona Copper 23
Railway Steel Springs
Reading," c !
Reading, let pfd
60
160
4514
10
24
70
78
166' '
36
'67
49
6
140
44
161
65 Mi
17
59
132
26 ft
78
68
64
69
62
22
49
67
97
112
109
127
44
1014
110
87
85.
455 1
139
84
48
15
52
110
61
11
84
92
126
52
41
133
19
80
118
20
60
84
50
16.1
420
76
89
llh
49 Vi
nu
87
101
140
44
16U
Financial, Industrial, Development
Axe Eastern Manufacturers Using Shortage of Colors and Limited
Manufacturing Output as Basis for Boosting Prices ? Lumber
Trade -Ifter the War. - .
Soortlnr of Prices th CaUf Aim.
The head of one of Portland's leading
millinery houses is of the opinion,
based on her own experience, that the
chief aim of the stir about shortage of
ma.arials, lack of colors, inability to
get goods, the dye situation, and such
talk, so far as women's wear, at least.
Is concerned, haa for Its principal ob
ject the manipulation for higher prices.
"The color cards brought out by the
traveling salesmen," says this dealer,
"contain as many colors as they ever
did. It is a different story, however,
when one tries to get what one has
ordered. I have never had so much
trouble as I have had the past season
In this respect. In fact, one cannot
get the newer things without going
to the market, seeing the goods them
selves and buying right there and then.
Blames Manufacturer and Jobber.
"The chief trouble is to get the Job
bing houses to show the goods, con
tinued this dealer. "If one puts in an
order for a variety of colors ojanov
elUes, the manufacturer or JobbeVsihips
something else Instead and hair me
shipment has to be returned. So far as
my experience goes, however, lr one in
sists sufficiently, one can get color,
variety, and limited quantity, but one
cannot get goods at a lower price.
There Is no need, in my opinion, to
order goods in advance, as the manu
facturers are trying to frighten us into
doing."
Lumber Trad After the War.
While speculations as to peace are
somewhat futile at this time, the pros
pects for business after the war enter
to an appreciable extent into the cal
culations of the lumber 'trade, and the
general opinion Is that the export de
mand will be much larger than ever
heretofore, saya the Bulletin of the
Southern Pine association. In support
of this It is pointed out that the French
government Is even now engaged in ar
ranging for the reconstruction of the
devastated areas of that country, and
is organizing its commerces so as to be
In position to begin work at tne earn
est possible opportunity.
First Farmland Bank la Massa
chusetts. Springfield, Mass., is to
have a farmland bank, the first to be
established in New England. A char-
tet is to be Issued to It under the
name of the Massachusetts Farmland
bank, by the state superintendent of
banks, as soon as its subscribed cap
ital of $62,500 has been paid in. The
lnw provides that the reserve fund
may be increased as needed up to
$600,000, and In that event the sur
plus also may reach $500,000. Upon
these resources of $1,000,000 the
Farmland bank mny lend upward of
$20,000,000 by selling $19,800,000 of
bonds. Assuming that eventually the
bank takes over one-half the total
amount of farm mortgages now out
standing: in Massachusetts, and pro
vides for 6000 new mortgages of aver
age size, such volume of business
would represent about $16,000,000 1
bonds.
J
1
rlt.f
Torelra Trade After the War Job
V Farweil, the Chicago merchant an
head of the house bearing his nanvt
says "I doubt very much If Our forelgJ
trade win be diminished very muct
from present figures after the war ii
over, but should the war continue to
some time and foreign trade expand If
an unnatural way it la aulte Ukeli
there will be a very marked recssslor,
"In regard to the federal reservi
bank svstem. I hnva nn fnap vhntv'
of any inflation oocurring through tt)
operation of the new law. On th
contrary, I believe It will be th
means of restraining Inflation when
ever such state of affairs exists 0
begins to appear.
"X think the wave of prosperlt
extending westward until It Is reach
ing the Pacific coast, where It Is nov
beginning to be felt-" v, , J
Chinese Exchange BtattonarTA
the local banks Tuesday exchange 0
China was quoted at $54.0 for flOi
the same rate as the preceding day
It Is reported that the National San i
of Commerce of New York oity ta miX
ing heavy purchases of silver on ac
count of the European and South Amer
lean governments. This may be on!
source of explanation for the receir
rapid rise in the price of silver, Whicl
was quoted Tuesday at 72. Titer i
is said to have been a large 4ama&
for silver from South American ,cour:
tries, and the tying up of the available
gold by the European countries fcaf
had something to do with the questiori
Sterling exchange at New Tork 01
Tuesday was $4,7$ 3-16; francs war
quoted 6.93 for $1, and mark
76 cents. ? I
Eastern Financial Ctosadp The earn
lngs of the American Can compan;
were $600,000 better than for the fin
quarter of 1915, equal to 10 per oeti
on the common stock. The profits C
war earnings have been equal to. $3
a share. Sears, Roebuck company Aprl
earnings were $11,742,806, an increas
over the preceding yesr of $t,499,l
804. The earnings for the four month
were $45,442,016, an Increase of 18.!
49l,03(. There is a traction strjka
in Pittsburg and the doors of Mh
United States Rubber company c
Woonsocket, R. I., are Closed on Ac
count of a strike. This Is one of th
largest nhoe manufacturing conoern
In New England. There Is said to b
a better class of buying in the rail
road shares. The number of subscrlb
ers to the fourth German war loan ij
reported as 6,003,000, as compared wlt'J
1,002,000 for the first loan. The tots
of European or purchases of war tm
terlals to date is placed at $840,000,1
000. The average of IS Industrie
shares was 118.52, an advance Orel
tl..' previous session of 2.76, and Of t
1 1 .ma Mm J . . - m mm t. lit
rans 1U..10, nn auvauvv ui ,io wy u
same comparison. ;-
73
2M 2,
69U! n
7C! 76
30
6514
174
59
132
4 201V 2t
123H;124 !123 1
65
17
59
130
111!111
Ity;
tier,
Baldwins,
75c(g$l.iX.
4 tier,
$1.00(31.25; do.
eel, c.
4
pfd
Hep. Irres & Steel
Kock Island
1 tit.., ,
3 t . ,. , j Sears. Roebnck ib 60.
San Francisco Wool Market. I Ktndebaker. 0. .......
San Francisco. May 2. 1 P. N si wi ' fitudebaker, pfd.
per pound: Humboldt and Mendocino, $
uionins, z4(nsc
no ,
55
101
27
'47"
3HU
87
Slosa Sheffield
12 month Wrsfr.. 1 Southern Pacific ..
conntles. S months, eood I7t20f jLa ijim ! Southern Hallway, e
and Tlcinlty, 6 months, 19&22c: do', 12 months I Poutnm Hallway, pfd
orrfioe. v.nfk.rn r it .Vm.,.! - . , . 1 Ten n rvmner
. ......... n,i,u,ula lUii a ISUID S
wool, 12 15c; do, 12 montha, lS(a21c: Ne
vada stock, 20(3 22c, according to quality.
Bt. Louis, May 2. Wool unchanged.
Chicago Produce Market.
Chlcafo, May 3. (I. N. S.) Butter steady,
egs unchanged.
Butter Receipts, 8300 tubs; creamery ex
tras, 32c; extra firata. 81c; firsts. 80ffl
81c; seconds, 29 30c; dairies, extraa 32c
firsts, 80ra31c; seconds, 27tfl28c: Dscklnir
atock, 26828c. "
Es Receipts, 48.400 case: firsts, 20
21c; ordinacy firsts, 19(&20c: extras 23
&24c.
Various Wheat Markets.
Llrerpool Cash wheat nnchariKed.
Buenos Aires Cash wheat unchanged toic
higher. r
IXiluth May, $1.20; July, $1.21
Winnipeg May $1.18; July, $l.lgs
Minneapolis Msy, $1.21; July,
$i.ao.
Kansas City May, $1.07; July. $1.08.
sSt. Louis Msy. $1.12,; July, $1.13.
New York Cotton Market.
Tenn. Copper
Texse Oil .".
Texas Pacific
1'nlon 1'aclfie, c
Vnlon Pacific, pfd.
V. S. Rubber, e
U. S. Knhber, pfd
U. S. Steel Co.. c
U. S. Kteel Oo pfd...
t'tah Copper
Virginia Chemical, e. .
W. U. Telegraph
Westlngboufe Electric.
Wisconsin Central ....
WoolwortS
42
4
108
16
32 -i
1281
i"i
53
9ii
20Va
60
io"
133
82
53 H
109
82
116
so ;
42
ei
67
26
oo
iom
27
47
23"
40
68
42"
48
108
17
33
111
25U1
ra
101
.27
'46
'22
86
42"
45 i
16
82
..!17
lisl 1126
109
54
97
21
61
48
io"
133
82
K
109
83
115
81
42
SB
126 1126
1
53
9f
20!
r.9
46 " j
"9
132',
82
53
108
82
V115
80
41
90
66
i26"
108
Total sales, 508,400 shares.
Open. High. Low. Close.
January 1278 1278 12S ' 1209
March 1292 1 293 12K3 12S3
Msy 1240 1242 1228 19
July 1248 1250 1 237 1238
August 125.1 1253 1244 1244
October 12.V. 1258 124(1 1248
December 12(50 1271 1260 12111
New York Sugar and Coffee.
Nevr Tork, May 8. Sugar Centrifugal,
Coffee New York, spot. No. 7 Bios, 91
No. 4 Santos, 10c.
New York-London Silver.
New York, May 3. Bar silrer, 77!4(3784.c:
Mexican dollars, 59&61c.
Loudon, May 8. SilTer, 37d.
POTATOES A1XJNG THE COAST
San Francisco Grain Market.
San Francisco. May 8. Barley calls r
May 3 May 2
Open. CUve. Close.
May 130 - i.TSA 130B
December 138 1 38 137
Spot Quotations Wheat Wslla Walla, $1.70
fti.72; red Russian, $1.87C1.T0; tnrkey
red. $1.771.80: blnestiem. $1.8731.0.
Feed barley, 1.32(gl.35; brewing, $1.35
1.40.
White oats. $1.4001.42. '
Brsn, $2B4i24, middlings, $30 31; shorts.
Seattle Market.
Seattle, Was. May 3. (I. P.) Onions
Oregon, 22c; Yakima. lc. '
Potatoes White river, $2628; Yakima
Burbanka, $32 34; Yakima gems, $30(334.
San Francisco Market.
San Francico. May 3. ( V . P.) Potatoes
Per cental. Deltas, ex-wharf, ordinary, $1
1.25 per hundred, with No. 2 stork SOflOOc;
do. SUlmas, $1.50ai.5: Oregon fancy, $1.60
1.75; do. choice, $1.501.6O; do. ordinary,
$1.40 1.50: Idaho gems, $l.tW1.75; Wash
Uigton. $1.60C61.65.
Onions Per cental. California ex-lcefaonse
repacked, $1.2510; Oregon repacked,
(gl.f0; Australians, $2.7D3; Nevada,
yi.75.
Foreign Exchange Rat.
New York. May S. Sterling exchange on
London. Demand. $4.76; cables, $-4.78' on
Paris. $5.3i ; cables, $5.93; on Berlin. 70ic;
cables, 76c.
Liverpool Cash Wheat.
Liverpool, May 3. (L N. 8.) Wheat Root
Hood River Seniors
Walk Out Today
Faculty and Board of Directors Befuse
to Let tbe Student Graduate Because
of His Indictment, and Class Revolts.
Hood River, Or., May 8. Because
the hiKh school faculty and the board
of directors refuse to let Leonard
Howard, held to the gTand Jury on a
charge of larceny of an automobile,
graduate with nig class this month, the
senior class of 35 members walked out
of high school this morning at 9:30,
"and refuse to return until Howard Is
restored to class graduation privileges.
L,. B. Gibson, principal, says that,
after several meetings on the matter,
the faculty and board agreed not to
let Howard return to school thlB year,
but to allow him to return next year If
his conduct warranted It
The entire high Bchool student body
now threatens to walk out and support
the action ot the seniors.
C'tlzens and school patrons are
aroused to excitement on account of
the -alk.out. Public sentiment in with
Howard, who is a poor boy, and with
the seniors In their attitude.
Colt May Consent
To Head Chamber
R sport Colt wax Remain, WWchJi
Circulated, Encourafss Directors,
Who Will Pick Officers Toalyht,
Directors of the Chamber of Com
merce, who are to select the chamber's
officers for ths coming year tonight,
were much encouraged today when the
Impression gained currency that q. C.
Colt had consented to reelection as
president.
Mr. Colt had stated to tn Doard
that ha would be unable to give the
time and energy to the executive po
sition again this year. Pressure was
brought to bear upon him to change'
his decision, but until thlsj morning
it appeared that he had adhered to it.
If Mr. Colt does consent to reelec
tion. It Is proposed to reorganize the
work of the board by electing more
than one vice president, thus giving
Mr. Colt more exeoutlve assistance.
O. M. Clark is still the favorite
among board members for first vice
president. Mr. Clark is now In South
America as trade emissary for the
business interests of the northwest in
Secretary of the Treasury McAdco's
commission.
Neglected Horse Is
Killed by Officei
Animal attired Up to Zyes for 1a
Days Fat Out of MClssry Warns
to Issue.
Lewis W. Pitts, state humano offl
er, announced this morning that "1)'
would procure a warrant for the arret
of the owners of a horse whose suf
ferlngs he had ended with a bullet i
9 o'clock last night. The charge wl!
be cruelty to animals. .V i
The horse, according to the officer
was three days mired in a hole nifti
Kenton with nothing to eat. The-at
tentlon of the owners was called to
the animal's condition, Mr. Pitts aays
but they said they would attend to thd
horse "when they got around to lt.T
Nothing was done. Someone notlftet1
the Humane society, and when Mr
Pitts went to shoot the animal las
night but one of Its eyes and one
nostril remained above the mud.
PORTLAND FIRE RECORD
Monday.
9:0$ a. m. Mrs. Mary MeConnlck,
815 East Third street, north, and ad
jacent residence of W. 1. Pilchard,
SIS East Third street, north, defec
tive flue, total damage $1800.
10:1$ a. m. Brooklyn school, sparks
from flue, slight damage.
Tuesday.
B:41 p. m. 205 Wood street, fairing
stovepipe, no damage.
Wednesday.
8:42 a. m. 435 Jackson street, orer
heated stove pipe, slight damage.
After 10 years of work and an ex
penditure of nearly $15,000,000, India
recently completed the greatest irriga
tion project it yet has undertaken.
WW I
l.5
Eastern Barley Markets.
New York. May 2. (I. N. S.) Barley
steady; malting, 78c.
Chicago. May 2.
malting, 72C&Oc.
(1. N. S.) Barley strong;
Steamer In Distress.
Washington. May J. (I. N. 6.) The
spring, 12s 5d; No. 2 red western winter. Hi ; steamship Rostellan of New York la in
DU- ! distress 700 miles east of Bermuda, ad-
" " vices (received here today say. Her
San Francisco Hop Market. j bows have been washed away and she
San Francisco, May 2. Hops Sonomaa and , is also short of coal and water.
Meudocioos. 10l2&c, according to -i--"'t-
Sacramento, 9llc. ' ' 1 1 11
Kansas
ley. 5c
City,
Msy
2m-(l.
Collision Kills Two.
Watsonville, Cal., May 3. (p tj. 8)
T. J. Albright and A. L. Schultze,
both Santa Cruz county automobile
dealers, are dead today as the result
of a collision yesterday between their
automooile and the Del Monte express
near Vega, 10 miles north of Aere!
Failing to see the train, southbound
from San Francisco, until it was al
most upon them, the men tried to
matte the crossing ahead of the it and
jj 8.) -Bar-1 sHjuareiyDy ths
The rapid Introduction of
the automobile into every
section of the country has
revolutionised traffic condi
tions it has brought peo
ple close together, the con
centration of population In
manufacturing and traffic
centers has made necessary
the transportation of im
mense quantities of food
from the producer to the
consumer and the transpor
tation of manufactured
products back to the farm
dwellers. To do this expe
ditiously and economically
It is absolutely necessary
that all roads should be
hard surfaced with
BITULITHIC
Warren Brothers Company,
Journal Bldg.. Portland. Or.
Hotel This Is your day
Jane 7. Columbia Highway
Dedication Bay.
FIRE, THEFT OR
FORGETFULNESS
are the causes of loss 6
-1 L! J J :M
wncn money is xiiauen
away. Deposited here.:
Bsuch risk is avoided,
and a small pocket!
cnecK DooK makes air
funds available fot
your use at any time! )
Does safety and con
venience appeal to you ?v
If so, open a checking
account with
THE
UNITED STATES
NATIONAL BANK
Third and Oak Stt.
Capital and Surplus
$2,000,000.00
Overbed & Cooke Co.
Stocks. Bonds. Cotton. OrsUa. Eta.
816-217 Board of Trade Baildlnf.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
Members Chlemro Board of Trad, : ' J
Correspo n d en ce of Logan A Bryan, I
Chlcaao. Niw lorfc I
Market Your Stock Through
Seattle Union Stock Yards
Best Market in Northwest
Prices 15c to 25c higher than any other. market on.
the Pacific Coat, because it is th only yard in the
. United State not controlled by the trust. . It is clearly
to your interest to patronize true competition.
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