V"'
THE OREGON DAILY JOURNAL, PORTLAND, TUESDAY. -MAY 0. 1918.
17 ,
EMBARGO AGAINST EXPORT SHIPMENTS OF CATTLE IS TALK
Edited by
Hyman H. Cohen
LOCAL INTERESTS RUIN
SHIPPING DEMAND IN
EGG TRADE BY ACTION
Alleged t acts 01 ciui.ee
ing Substituted for Fresh Ore
ROns Used by Paget Sound to
Kill the Demand for Stocks.
DAIRY EXCHANGE PKOPOSED
At ma-tins- of the butter and kk teller of
Portland It was decided to organize butter
and axeliane wnere asuy quotation! win
be tuned. Preliminary (tap, have been taken.
, .11 . V, . f r . fn-
some time-"
A local nfteriuion paper him achieved it ob
ject nt forcing down the price of eggs " that
poultry rubers of Oregon will secure leas
nom-y for tln-ir supplies. Through the cry
that 'Chinese eggs were being shlpiM-d fr-im
this illy s Oregon si-xk, n cry that was
il-ed by ii Seattle publication a well as
tiler to ruin the reputation of this city's
product, the shipping demand for Oregon eg;;
has dropped considerably.
In gem-nil the market for egirs here ia show
ing n much weaker tone. While practically no
rhnnca In shown either In buying or soiling
:nca at Hie mnmtnt, the entire m-irkd'a
Structure W tottering and moat of the (rude
has coine to the CMictuslon that lower Tuluea
Will result.
Were It not for the fact that preaent re
ceipt of eicg In general are rather limited,
i.rlcee would be foTced lower Imtnedlntely. Aa
milter alund there Is only a aiuall surplus
bowing.
Advice from Seattle received by Uxii! ship
pers ure to the effect that the trade there la
ro seeking Oregon stock and that ir;ccta
tlona in the norih aro for lower prices
CHICKKX MAKKKT IS II KM
Market for chickens Is firm, with recelnt
PIOUS, Bii'iirntur -n. -,,, --- a
"rcfitlnne at 1"' for nens and :!2'rr3.V a pound
for broilers. Small birds continue In the best
d irard.
VKAL- MARKET IS Hl"l T Kit
Country killed calf mntket along Kront street
' Is In a very goiwl position so fur ns the prliv
Is concerned. Sale, are shown at 11 l-1' lor
extreme quality. Country killed im-ks also
firmer.
POTATO KS AUK VKUV SLOW
Very slow tone Is shown In the potato mar
ket, with no lulling f-ir outalde Milpm-'iit at
lite u.oment. 1'iirchnses In tin- country
local use are generally short n nt $l(?t1 1
cciital.
f..r
ORAN;i-S , AUK AOVAXCKI)
With higher and firmer prtcea In the south,
the loral market for orimges ia gencnilly
Lowing nil advance nf loc a box. Itnther 'f'llr
hlpinenlH from the south are due on the ii-xt
teenier.
SALMON UIN VKUY SMALL
fteMrt from b'tli the Willamette and Co
llin tila Indicate a very Hinall cut h nf a.-ilinon
during the last il hours. The water lu
both rivers Is too hiyli for successful fishing
Canned Milk Gets
Strong Export Call
With Prices Firm
Foreign Demand Is Xecn for Every
Case of Surplus Stock Some
Quote Higher.
The market for canned milk I showing
much strength and one enndensary company
advanced Its quotation on the sweetened prod
uct Kc a ease during the day.
While the output of milk Is Increasing, the
call for supplies 1 even greater. A number
o the smaller condensarles hsve recently ad
vanced their quotttlona, but some of the
larger concern which had large stocks on
litaid. have' been utiwllllr? to change their
quotatlona. Naturally this keeps the market
I nun snowing a general advance..
Keeling in the canned milk trade Is one of
intense strength. Foreign demand Is o keen
that every case available for eiport la quickly
stopped up by Kuiois-au buyers, both In the.
cast and in the west. For that reason the
canned milk business is standing today In the
best possible position.
operations. In the meantime tha canned aaV-
iuon market i gaining strength.
SHIPPERS' WEATHER NOTICE
Weather bureau advises: Protect shipments
during the nem 4S houra aa tar north as Sc
uttle against minimum temperatures of about
L't; degrees: northeast to Spokane, 32 degrees;
txmtl.east to llois'e, 'M degrees; south to Ash
land, -'to degree. Minimum temperature at
I'oillaud tonight, about 10 degrees.
IJRIKF NOTES OP THE TRADE
Strawberries are steady at former prices.
Shading of butter juices not general yet.
Very slow tone is shown In cheese market.
Mall udvkes from I Ik- east tell of firm tone
for wool.
Arrival of loi-a ssparagua delayed by
weather conditions.
Iiood Kiver js cleaning up odds and ends In
apples at low iiri'-es.
JOBRING PRICES OF PORTLAND
CATTLE FAMINE NOW
ACUTE AND
EXPORTS
MAY BE PROHIBITED
American Supplies Are Below Re
quirements and Some Efforts Are
Being Made to Stop Shipments to
Foreign Countries.
These prices are those at which wholesalers
ell lo retailers, except as otherwise state'.
Dairy Produce.
BL'TTKK Trli Is, eitras, Mc; prime firsts,
27c. firsts, ii'ic; cube, extras. 27 ii'v ;
prime tlrsta. 20c; firsts, 24U4V-jC per lb.;
daliy. r.tfnOc.
Itl Tl KKKAT Portland delivery No. 1
sour creuui, 27c; No. 2, 2oc.
KtitrS Selling price by dealers unsettled,
delivery extru: Selec ted fresh, 22fii22Vac doi. ;
ease count, huylug price; Oregon ranch. 21ljC
l.lVt: I'DUL'lliV liens, heavy. Plymouth
Hock. lXe; ordinary chickens, 17VjC lb.; stags,
l.c, broilers. ;S26(.3dC lb.; turkeys, l'ijilc;
ilrisscd. tancy, 2UV27c; cuils. 17'j20c; pig
eons. ,1 "Midi l 2."i. .-qmibs. 1 20 dozen; geese,
live. lO'ttllc; Piklii dinks, old. 10c lb.; young
in.il liciity. IT--; Indian Kunners, 14c per lb.
t'llKLSK Selling price: Fresh Oregon fancy
full cranio twins and trifle's, 18c per lb.;
ouiik Amerhii, Hie. Price to Jobbera: Flats,
It, i . VoutiK Aui.erica, 17c. f. o. b.; cream
bil-k, 2.l'u24e, llinberger, 2:iirt24c; Wlaculialu
wheel, .it'iA .'i''; block twlsa. aw.
Fruiti and Vegetables.
I ItlCSIl Fill ITS Orange, fancy navel.
$2.tso(i-.;.2."i; .iinjiias, r,e ib., lemons, $J.tai(
4 2."i box; grapefruit. Florida. $i.."ji ." 2-" ense;
plloapplcs, ., ijtit per in.; penis, I .oifil 2.' J.
berries. Mono. fl.tXf; Mre-
5"c'ii$l.j' per box. acord-
TitA.N.NI'UKl Al iu
San Francisco
Los AngeJes
(Without Chajige Boat)
Ttae Big. fie
Clean. $14
uouiiortable. $13
liiegs,atlT Appointed 7
BEA-QOINO S1E&MSHIT
ROSE CITY
Ssvlla From Alnsworth Dock
3 P. M.. My 10.
100 Qolden Miles on
Columbia Silver.
All Bates Include
BertUa and Meals.
Table aud Service
TJaexcelled.
The Ban Francisco Sc Portland S. S.
Co.. Third and Washington Streets
(with O-W. . an . Co.) Tel. Broad
way 45oo. A-eiai.
PHPAlACE5f.l,p14fr
Portland $20,001 pirst.
San Francisco $17.50 J Clas
(30 Houra)
Tourist, $15.00 and $12.00.
Third Class, $3.
MEALS AND BEK1M INCLUDED.
& S. Great Northern
Liner with the speed of an Express
Train. Steamer Express leaves North
IBank Station 9 A. M.
MAT 9. 13. 18. 23. 27.
tFrom San Krancise-o Mav 6. 11. 18 20.
C6, 30. Sailings Tuesdays. Thursdays,
piaiu relays, tieKinninx June l.
TICKET OFFICE. 5TH AND BTABK.
Fhones Hroadway 920. A-671.
FRENCH LINE
Compagnie Generals Transatlantlque
fOaXAL bEitVICE.
Bailings From NEW YORK to BORDEAUX
LAFAYETTE May 27, S P. M.
:HICAGO June 3, 3 P. M.
IOCHAMBEAU June 10, 3 P. M.
Ji TOURAINE June 17, 3 P. M.
FOR INFORMATION APPLY
W. BTPNGER, 80 Sixth St.
Ik. D. CHARLTON, 55 Morrison St.
E. X. GARRISON. C. M. A St. Paul Kr.
liORBEY B. SMITH, 119 Third St.
K. CICKbON, 848 Waibington St.
NCKTH BANK ROAD. Fifth and Stark St.
. U'liHUJU, ad and Washington St.
B. DUFFY. 124 Third St., Fortland.
a,, .a. HAiaiJ, tuu xana ou
l',4ii2e
Countrj
Los Angeles end Sao Diego
TEAMSHIPSYALE AND HARYARD
Railroad or any steamer to Kan Krancisco.
the Exposition City. Largest, fastest and the
INLY strictly Iirst-crasa passenger ships on
lie CosSt. Average speed 2B miles an boar.
oat f2.00O,CH)O eseb.
SABI FHAMCISCU, FUB1IJ1IID k
. X.OB ANOEI.ES S. B. CO.
Frank Bollam, Agent.
124 Third St. Main 2ti. A-4B0S
With D. . U. B. U.
P.Liil.l K.s
p i, 2 2'i'i; 2.50.
Al'l'l.liS - Local
lnc lo uiiulitl .
oMO.s.s -.No. 1. $1.7."i iier cental; No. 2.
f 1.2.VU I. oil, aa.suclntion selling price, cnrluii'ls.
il.oO T. u. b. country points; garlic, l-i.c;
new onions. 1 ,7.iH2.'J orule.
POTATOES Celling price: Local, $1.2."
l.Tit); btijlng price. 1.00'nl.lo per cental;
new California. ; sx.eeta, (a. 50.
V Kl. 1. TAlil.LS -lurulps. Hie dozen buurhes;
beets. i.ic per ilor.cu Imuclies; carrots, i;5c per
do4n' bunches; pul'snips, l.oO suck; catitiage,
..o0 per ctst.; green onions, 2oc dozen
bunches; peppers, rlorlda, 25c dozen; head
lettuce, California, t- 25 per crate; celery,
fiorols. S:i.5i; caulliiuwer, local $1.0f)Jirl. 13
per diizen; Freru h artichokes, 75c; aspara
gus, local, uutftSMJc ijozeri bunches; hot
Imuae cucumbers, Sl.uOfji 1.5U doxeu; tomatoes.
I loads, , JN.lHi: J i'SK- 4"iui. yc. id.; sprjuta,
IO, spina, h, Jl.tu per box; rhubarb
or lb.; ueus. ouVc ID.
Meat. Flab and Provisions.
DRESSED MEATS Selling trice:
killed fancy hugs, ll'tfllic; poor. 8fSfl0c lb.;
fancy veala, llhiW'C, ordinary, lo'jiiic;
gits, 'Mn;y lb.; spring lamba, 17c lb.; mut
ton, lue Ib.
HAMS. MACON. ETC.-Hams. 1022Vie lb.;
breaktaat bacon, HCtloOc lb.; boiled bams,
JiOc Hi.; picnic, i:ic; cottage roll. 15VjC; Ore
gun exports, 15(il. 10'uc per lb.
oVSTEKS Olynipla, per gallon, $3; canned
esatcrn, 5oc can, $ti.5o doxen; eastern In shell,
Jl.s.'i per Khj; ruz-H- claui". 12'.c dozen; east
ern osters. per gallon, solid pack. $:i.
KISll 1i esed flounders, 7c; ctnuook sal
rr.on. He; perch. 7t4Kc per lb.; lobsters, 25c;
iler smelt. K; salmon trout, 12c lb:
huilbut. 04l2c; torn cod, 7c; black baas, 7',c
lb.; shad, dressed, 7c lb.
CKAB3 Large. $1.75; medium, $1.25 doaen.
l.Altl) lierces. kettle rendered, 14c;
standard, 14c.
Groceries.
SCGAK Cube. $11.15, powdered, $8.00; fruit
or berry, $.40; beet, $.H.2b; dry granulated,
V.ju; " yellow. $7t. (Above quotations are
00 days uet cash.)
lliiNEY New, 3.25i 3.30 per case.
UICl-Ja'an style. No. 2, 4c; New Or
leans, head, 5'y;tjV-jc; blue rose, 5',ic.
SALT Coaise, half grouuda. lOUa. $10.50 per
ton: 5os, $U. M; table dairy. 50s, tie. 00; lOtis.
$11.50: bales. $2.25; lump rock, $20 per ton.
PLANS Small white. $8.25; large white.
$.10; pink, $0.25; limas, $5.75; bayou, $6.25;
red. $d.5o.
Hops, Wool and Hides.
HOPS Nominal .buying price, 1918 crop
choice, 11c ib. ; prime, loc; medium to prime,
7wc Ib.
WOOL Nominal, 1018 clip; Willamette val
ley coarse Cola wold. 33c; medium Shropshire,
8132c; flue, Uuy31c; eastern Oregon, 16J
but.
HIDES Salted hides (25 pounds and op),
19c; salted stags (50 lbs. and upl, 12c; salted
kip (15 lbs. to 25 lbs.), lie: salted calf (up
to 15 lbs.) 22c; green hides (20 lbs. and up).
14c; greeu stags (50 lbs. and up), 10c; green
kip (15 lbs. to 2' lbs. 1, 17c; green calf (up to
16 lbs.), 22c; dry flint bides, 2M';; dry flint
calf (up to 7 lbs.), 30c; dry salt hides. 2:ie;
dry hurseiilues, each, 75c1.50; salt horse
hides, each, $2.Ouni3.0O; horsehair, 28c; dry
long wool pelts. 2'Oc; dry short wool pelts, 10c;
dry sheep shearlings, each. 10(g25c; salted
sheep shearlings, each, lol2.V-; coarse valley
wool, at market value; medium valley wool
at market value; mohair, 48cy.4yc; No. 1 taK
kiw, he; No. 2 tallow, ic; No. 1 grease. 6c;
dry goats, long hair, 18c; dry goats, shear
lings, each, M'c?20e; salted long wool pelts,
April, $l.no!.2.50.
TALLOW No. 1. 8c; No. 2. 7c; grease. 7c.
CH1TTIM OB CASCARA BARK Buying
prices, per car lot, 41-Jc; less than car lots, 4c
MOHAIR 191(1. 4atu45c lb.
Paints and Oils.
COAL OIL Water white. In drums and Iron
betrels. 10c.
LINSEKD OIL Raw, bbls.. 92c gsllon: ket
tle boiled, bbla., l4c; raw. case, U7e; boiled
case, KWc gsl. ; lots of 250 gallons, lc less.
TL'RPKNTINK Tanks, 7c; cases, 74c gal
lon. WHITE LEA T Ton lots. 10c lb.; BOO lb.
lota. 11c; less lots. 11 Vic per lb.
OIL MEAL Carload lot. $34; less than car
lota. $35.50.
GASOLINE Baals price le per gallon.
POTATOES ALONG THE COAST
Seattle Market.
Seattle. Wssh., Uav w. L P.) Onions
Oregon 22Vac: Yskima. l'fyr.
Potstoe White Elver, $2632S; Yskima
Burbanks, $32B34; Yakima Gems, $3234.
Saj Francisco Market.
San Frinclsco, May 9. (IT. P. j Potatoes
Per cents) Deltas, ex-vrbarf, ordinary, $1.20
'41.30; Snlmas, $1.50(1.63; Oregon fancy,
$2.O02.10; Washington not quoted.
Onions Per cental, California ex -icehouse, re
packed. $1.60; Oregon re-packed, $1.60(1.80'
Australians, $2.75.3.00.
Service to Seaders.
The Journal always seeks to
be of service to its readers.
If you have any problems of
marketing:. The Journal will
make an effort to set you
right. Any information re-
gardlng marketing- will be
given if a letter is addressed
to the Commercial Editor.
xi. Hyinan H. Cohen.
Litest reports, received from leading tittle
producing centers of the country indicate
serious condition so far as supplies are con
cerned. With beaiy eiportatlons of beef to
Europe ind with a fast decreasing supply f
cattle In this country, the outlook is seemingly
for a famine in meats such as this country
lias never witnessed.
This bis railed forth comment from con
suming and butchering Interest to the effect
that the government should place an embargo
against further foreign shipments until tbe
American supplies become heavier.
Such agitation 1 likely to become stronger
as the price of beef on the hoof advances sad
the price to tbe cossnnwr moves higher. Tbe
recent advance in tbe price of baby beef at
North Portland to the highest price on record
here for open market transactions Indicates
quite clearly that there Is a dearth of real
go-si quality, and that killers sre vying with
one another to secure these supplies. This
means not only extreme prices for top quality
stuff, but also means that ill beef prices will
be sdvancod in proportion.
In the Pacific aorthwest the deeresse In
cattle holdinga has been less marked than In
other sections of tlie country, but the with
drewal of supplies for eastern shipment bas
made the shortage here even more acute than
eleewbere.
Dalles -Columbia Line
Operating"
trs. J. N. Teal and Twin Cities
ortland to Upper Columbia and Snake
ivsr points, -I.v. Portland about every
lour days.
OB lWrOXMATXOBr CALL TATLOB
T. BOCK, MAIN 613. A-7712.
H M sVAYsiVi flVA AAAft
I S S SW - Ul 1 tW S mm SS SS awl
BAILS DIRECT FOB
SAN FRANCISCO
LOS ANGELES SAN DIEGO
'Tomorrow, May 10, 2:30 P. M.
Baa Francisco, Fortlaad A Los Angeles
Steamship Co. Frank Bollam, Agent.
M4 THIRD STREET. A-esSS. Mala 88.
Cherries Are Sold
At $100 Per Ton
Hood River, Oru May 9. The f-
Hood River Apple Growers' as-
soclation has contracted Its en-
tire output of canning cherries if.
)fc to outside concerns for $100 per
ton which is an advance of $20
!er ton over last year for
similar stock. The cherry crop
this season will be consider-
ably heavier than last year as
a number of young trees have
come into hearing In addition
to the old orchards. The local
box factories are now busy
making cherry and strawberry
crates preparatory to handling
r the crop. It is expected that
the strawberry crop will ap-
proximate 125 carloads. The
government will have a repre-
tentative in. Hood River caring
for the distribution of berry
pickers and packers so as to
obviate the over-crowding for
positions and work that always
entails extra expense upon the
laborer.
AMERICA X LIVESTOCK PRICES
Liverpool Higher
Even With Stocks
On a Heavy Scale
Cash Wheat There Unchanged to
2d for the Day Crop Report
Mystifies.
NORTHWEST GRAIN RECEIPTS.
Cars
Wheat. Barley. Fir. Oats. Hay.
Portland, Toes.. 7 2 18
Year ago 3 If ramth mihtms
Year ago 3 1 .... 1
Season to date.. 9. 682 1512 1739 071 2580
Year ago 15,778 1874 1813 1033 li52
Tacoma. Mon... 21 1 7 10
Year ago
Heaton to date.. B.tK7 52 337 2207
Year ago 8.827 51 603 1976
eVeattle. Mon... 3K :t 3 1 b4
Year ago 12 1 6 2 .
Seaaon to date.. 7.53 1233 1077 97 H 4)46
Year ago 7.582 i003 2181 1178 33ftj
While very heavy receipts of whest sre
shown at Liverpool and purchase to go for
ward are also heavy for tbe Immediate fu
ture, there was a slightly better feeling la tbe
cLh wheat trade there during the day. Ilroom
hsll quoted cash wheat unchanged to 2d
Ugber for the day.
Chicago market showed little change dur
ing tbe early trading, the market not making
the serious decline expected as a result of
Mondsy's government report showing less crop
damage thao eipected. The trade I much
ifcllued to take this report with s grain
of salt, especially as it gives Oregon a
very poor crop outlook, when It has one of
the best In the country, while It gives tbe
middle west a better showing when all con
nected with tbe trade have direct Informa
tion which". would Indicate a poor showing.
The market for wheat nere continues to
mark time. Miller are seeking supplies here
and there at printed quotations, but there is
little keenness la tbe demajjd.
KLOUR Selling price: Patent, $5.20: Wil
lamette valley. $4.00; locsl straight, $4.60Q
5.00; bakers' local, $4.805.20; Montana spring
whest, $8.10; export, M.60Q4.7O; whole
vbeat. $6.65; graham. $5.40; rye flour, $5.05
per barrel.
HAY Buying price: Wlllsmette valley tim
othy fancy, $20; eastern Oregon-Idaho fancy
timothy. $21 ((j 22; alfalfa. $2122; vetch tnd
oats. $18; clover, $16.
GRAIN SACKS 1916 nominal No. 1 Cslcut
ta. Wiil3c in car lots; lass amounts are
higher.
MILLSTL'FFS Selling price, carload lots,
bran $23; aborts, $25.60.
ROLLED OATH $6.50188.75 per bsrrel.
ROLLED BARLEY $31. SOU? 32.50 per ton.
Chicago -wheat closed i(iiV.-c better than
Monday, after the early fluctuations.
On the Portland Merchants exchange May
wheat bids were unchanged to lc down, with
no safes.
Tbe special feature of the trade was that
for the first time the bids for oats nt
$27 a ton passed those of barley. The lat
ter were quoted oft 60c a ton, while oats
bids were up 25c a ton.
Merchants Exchange Msy prices:
WHEAT
Tuesday -Monday-
CALIFORNIA GRASS
CATRE NOW COMING
feverish Market in
N. Y. at the Start
Early Session of Stock Trading
Is Erratic, With Political Situa
tion As Chief Influence.
TO PORTLAND YARDS j
Local Market Best on Coast and
Has the Pick of All Sections
Two Loads Sheep Actually Come
From tlie Valley.
LIVESTOCK PRICES COMPARED.
Tops Portland. Seattle.
Steers $ t.lS $ 9.00
Hogs 9.SS 9.26
Lambs . . . 10.25 11.50
PORTLAND LIVESTOCK RUN.
Hogs. Cattle. Calves.
Tuesda y : ;nO 1 67
Motidsy 8420 476 14
Saturday 177 8 1
Friday 522 1M 5
Thursday 34a no J9
Wednesdsy 34 1 8
Week ago 10! 73 5
Year ago lift
Two years ago 55 ...
Three years ago 91 148 2
New York, Msy 8 I. N. 8.) Foreign fac
tors have again entered prominently Into
stock market affairs. Tbe critical Mexican
situation, probably further complications on
the, snbmarine Issue with Germany snd per-
istent rumors of definite sctlon towsrd peace
In Europe were tbe contributing fsctors to
feverish market at the opening of tbe stock
exchange today.
The Mexican trouble precipitated consider
able liquidation of long lines In some of the.
Industrials snd these stocks were under the
sdded pressure ef peace probabilities.
During the first hour sn aggregate of !20.
100 chares changed hands, and while that was
not s record volume of business, it was
nr-cre tban normal.
The rails constituted tbe strongest class of
stocks on the board. Nearly every Issue In this
department was steady to yexterdsy's close
' or fractionally up aud early gains were posted
; to active trading. Heading established a new
, high for the year when suit s were posted st
i 90 shortly after the opening, ss sgalnst the
ep. j former high of 89V. Wsbasb was unu'na!T.y
V13 1 pepulsr with the speculBtors, and sold over
4TA I the previous high figure of 4S'S.
15 ' The steels were moderately trested snd
250 1 Crucible early rescted from first ssles st
lt4 i 81H- Cnlted Htstes Steei was apparently
1-0 J firm around 83m(8S4.
'3 J. Conner and Industrials most rrsdlly reflect
ed the peace talk and It wss common gossip
on tbe floor that slresdy traders In these two
stocks sre discounting on pesce.
No serious kisses were recorded during the
ehrly trading, but Tt was very evident that
163
162T
Finance Commerce Industry
Comptroller of Treasury Wants Information Concerning Holdings
by Ranks of Obligations of Foreign Government! Ciroup One
Annual Meeting at Oregon City Saturday. ( 4
Ilecsuiie of the fact that Portland ia fr
tbe best cattle market at this time alonr the .v... ......1 '.. . ..bins-
entire Pacific coast, this market has no com- j specialties were generally dull at first, but
iuiui i uiiurn. DiiipuieuiB 01 vauiortua 1 iuter showed Improvement
Bid. Ask. Bid. Ak.
Pluestem 10.1 107 m:i 107
Fortyfold 92 88 !I3 18
Club 1 ! !2 "
lied fife 02 K8 92 IS
Red Russian 92 tii !2 91
OATS
Feed 270O 2725 2675 2725
BARLEY
Teed 2650 2900 2700 2900
MILLSTUPFS
Brn" 2275 2400 2250 2350
Shorts 2525 2700 225 2U50
Futures were quoted:
WHEAT
Bid. Ak.
June blnestem 104 17 ,4
June fortyfold 93 99
Jbne club 91 "
June red fife 92 90
June Russian 92 9i
FEED OAT3
June 2875 2725
FEED BARLEY
June 2600 2900
MILLSTL'FFS '
June bra 2300 2400
June shorts i50 27oO
Chicago Hogs $9.90.
Chicago. May 9. (I. i N. S.) Hogs Re
ceipts 14.000, slow, early advance of 5 cents
mostly lost. Bulk $9.60395 ; light, $9.50
0.S5: mixed. $!l.4o(j9.9o; heave, 9. 3549.90;
rough. $0.35(n:0.50; pigs. $7.2.Vi9.do.
Cattle Receipts .(niO. sternly. Native beef
steers. $7.70(39.85: western fleers. $7.HO'tiS.S3:
stockers snd feeders. I5.60WS.4O: cows and
belfers, $4.209.35. calves. $t5r.tg9.50.
Bheep Receipts 9000, strong, wethers $6.fK)
69.30; lambs, $7.75(211.75; springs. $11,009
13.00.
Kansas City Hogs $9.85.
Kansne City. May 9. (I. N. S.l Hogs Re
ceipts 14.0D0. higher. Bulk $U. 60o9.80; heavy,
$9. i5ftt9.S5; packers snd butchers. $9.6529-80-llrht,
$9..Vtff9.73; plgn. 8..l&!l.2S.
Cattle Receipts 8.OO0, steady. Prime fed
steers, $9.25&9.65; dressed beef steers, $8.00
9.25; western steers. $8.009.35: stockers snd
feeders. $7.00(Ji9.0o; bull. $5.757.00; calves.
$0.oiral0.rK. '
Sheep Receipts 12.000. higher. Lamb $9.25
6311.75; yearlings. $.8.50 10. 75; wethers, $7.50
fel.50; ewes, $7.254jS.85.
Omaha, Hogs $9.75.
Omaha, May 9. (I. N. S.) Hogs Receipts
8700, higher; hesvy. $9.609.7B; light, ta.oOfii
8.66; pigs, $7.7669.25; bulk of sales, $9.55(3
9.65.
Cattle Receipts B800. steady. Nstlve steers,
$K.OO9.50; cow and heifers. $9.758.25;
western steers, $759.00; Texas steers, $7 00
8.00; stockers and feeders, $6.75S 86
Sheep Receipts 2800, higher. Yearlings,
$3.75g 10.40; wetbers, $8.50(29.50: lambs.
$10.70g 11.90.
Denver Hogs $9.55.
Denver. May 9. Cattle 200. steady. Beef
steers, $7.75(8.55; cows and belfers, $0.00J
7.ts5; utockers and feeders, $7.00(38.40: calves
$10.60(til2.oo.
Hogs i2oo, higher. Top $0.56; bulk, $9 35(3
9.. Mi.
Sheep Receipts 800. steady. Lambs $10.40(3
11.25; ewes, $.S.2Sc:s.60.
Seattle Hogs $9.25.
Seattle. Wash May IL(P. N. S. ) Hogs J cUbly In either direction
Receipts 405. steady. Prime lights, $9.15(91
Chicago Produce Market
Chicago, May 8. (I. N. S.) ButUr poor,
eggs firm.
Butter Receipts, 12.263 tuba; creamery ex
tras, 28 hie; extra firsts, 28ie; firsts, 27H4J
2Sc; seconds, 264j27c; dairies extrss, 28c;
firsts, 272Tfcc; seconds, 25ffl28c; pscklng
stock. 24 (a 25c.
Eggs Receipts. 24.RT.5 esses; firsts. aoH
21c; ordinary firsts, 119c; miscellaneous
lots. 10(U2Oc: extra.. 23C(l24c.
10,000 LIVE HENS.
WANTED ! 17c IlB.
HO COlkCMXSSIOlT DEDUCTED.
Checks by return mail. Don't Inquire.
Ship at once.
THE SAVINAR CO.
Marshall 687. 207-309 Stork St.
8.2u; medium to choice, $9(59.15: smooth
heavies. $8-508.75; rough heavie, $8ft8.25:
pig. $8Ca8.75.
Cattle Receipts 22. steady. Best steers,
$S.50&9;. medium to choice, $88.60; com
mon to medium, $6.507.50; best cows, $7
7.ri; common to medium cows, $4(S6.5o;
bulls. $4.50(8 6.50; icalves, $7.50(g8.50.
Sheep Receipts nDne, steady. Lambs, $103
11.50; yearlings, $9e9.50; ewes, $7.50i8.
DAIRY PRODUCE OX THE COAST
Seattle Market.
Seattle, May 9. tL". P.) Butter Native
Washington creamery, brick, 29c; ditto solid
pack, 28c.
Cheese Oregon triplets 21c; Wisconsin trip
lets. 21e; ditto twins, 21c: Young America.
22c.
Eggs Select ranch 26c.
San Francisco Market.
Ban Francisco, Ca'l., May 9. (D. P.) But
terExtras 24c; prime firts, 23c: firsts.
23 Vic.
Eggs Extras 22c; firsts, 20Kc: pullets,
1BV4C
Cheese Califoruls fancy, 12c; firsts. 32c.
Los Aiceles Market.
Los Angeles, Way 8. (P. N. S.) Eggs
Case count, 21c.
Butter Fresh, extra, 28c.
World's shipments principal exporting ooun
tries (flour tncludea):
W'k Ending Total since
July 1, '15.
May 6.
U. S. snd Canada
10.040,000
Argentina
2.538,000
Argentine
1.400.000
Danubian Port
Russia
India
Same period
list season.
414,588,000
45,018.000
23,610,000
4.192.000
12.284.000
372,543.000
66.048.000
6,288.000
2,088.000
12,144,'XiO
19,617,000
Totsl.. 13,978,000 485.714,000
478,708,000
Wheat Reacts in
The Chicago Pit
Slight Early Gain Is Quickly Lost
in Trading Local Crowd Turns
to Bear bide.
Chicago. Msy 9. (I. N. 8. Wheat prices
reacted 1 cent from a fractionally higher open
ing in tbe market today. After the initial
firmness, the local crowd turned heavy sellers
of wheat and found very little support. This
resulted In the sharp dip In prices. Commis
sion bouses were free sellers on tbe break
and later bought In on tbe lower levels. Trad
ing, as a whole, was of a broader nature than
It bas been with the deferred futures leading.
At the end of the first hour July and Septem
ber values had recovered to tbe opening range
and apparently were in better tone.
Corn followed tbe trend adopted by wheat In
tbe first hour, with a firm opening, early
sharp reaction and subsequent recovery to tbe
first price range. The government report on
Lay stocks showed the largest totsl on record
this season and was construed ss decidedly a
bearish factor. Tbe general sentiment seemed
to favor a lower level for prices.
Oats were about steady at the opening snd
maintained an even trend during the early
teuton. The usual traders' sffalr featured ac
tivities in this department of the grain market
and nothing developed to swerve prices appre-
BAXK STATEMENTS OF COAST
Clearings
Monday . . .
Tuesday . .
Clearings
Clearings
Clearings
Balances
Fortland Bank.
This week. Tesr ago.
....$ 2.879.76.S.94 $1,918,381.36
2, Iji .067.80 1,451,888.56
San Frucisoo Banks.
$10,948,219.67
Los Angeles Bank.
$ 4.132.999.00
Seattle Banks.
$ 2.6SW.322.00
267,746.00
Range of Chicago prices furnished by Over.
beck A Cooke Co., 216-21i Board Of iTaae
building.
WHEAT.
May
July
September
May
July
September
May
July
September
May
July
September
Msy
July
September
stock are coming forward. Grassers from the
south are in rather fair condition, and sre
showing good demand st better values thsa
obtainable elsewhere.
Ueueral cattle market conditions at North
Portland continue firm.
tieneral cattle market range:
Choice pulp-fed steers
Cboice grain-fed steer
Ordinary grain-fed steers
Choice hay-fed steers
(rood steers.
Otdlnnry to common steers
Choice cows
Ordlnsry to coiutuon cows
Choice heifers
Ordinary belfers
Choice bulls
Good to fair bulls
Ordinary to common bulls.......
Best light calves
Good calves
Small Bun of Swine,
Only a small run of swine was shown In the
North Tortland yards over night. General
trade conditions continue rather firm, with
practically no change in values, quality con
sidered. General hog market:
Choice light weights $!. 1r(i7 3.25
Cooil ligut weights S.90ii9.o5
Medium weights 8.508.75
nougn sua neavy
Mutton in Demand.
Mexican Petroleum wss heavily dealt la and
price raDged sround 107.
Rsnge of New York prlcee" furnished by
Overbeck & Cooke Co., 216 217 Board of Trsde
building.
lietcrlpf ioti.
Alaska (Jold
A I Its Chalmers, r
Allts Chalmers, pfd...
American Beet Sugar .
American Can, c
American Can, pfd ...
American Car. l-dy.. c.
Amerlejin Cotton Oil. c
Aiwrlcnn Linseed, pfd.
American Loco. c. ...
American Smelter, c. .
$9.90!3!.I5
.75
8.25(8.40
e. 50 ((1 8.75
7.5O(&8.o0
8.00(27.00 ;
7 .50 I
7.257.3.-i j
7.50C.17.75 !
, 7.00i7.25 ;
5.50i?t6.0o I
.vin.irj American Smelter, pfd.
2.001,2.15 American Snuar, c
8.00 Ai.iertenn T.l S Tel
7.007.50 American Wooleu. c'
Anacnnda Mining Co
Atchison, c
AlciiiHon, pfd
Baldwin Locomotive, c. . . .
Baltimore & Ohio, c
Bethlehem Steel, e
Bethlehem Steel, pfd
Brooklyn Rapid Transit...
Calif. Petroleum, c
Calif. Petroleum, pfd
Csnsdtttn I'aeifte
8.00ri9.5 j central Leather, c
Open. Close.
Central 1-entlier. pfd
A full carload of sheep really came forward Cheeapeske A Ohio.,
from the Willamette valley to North P,.rtijnrt i Chicago A Gt. W o
over night, and there were several other small
runs.
tieneral trad conditions sre strong st full
prices.
Gewral shorn mutton and lamb range:
Select spring lamb $1().(XK310 25
Best yearlings 8.0o$ n .75
-r'wj 10 comnion werners
Uest ewes 7.00
CxOod to common ewes 6.50 I
Tuesday Livestock Shippers.
Hogs (jeorge . Eyre. Marlon, 1 load;
Sun Dial Kauch. Multnomah, 25 head. A.
Madison, Columbia, 25 head; A. F. Knox, Jo
sephine, 1 load.
Cattle H. T. Trowbridge, Los Angeles. Cal.,
4 loads; F. C. Patterson, Glenn, Cal., 1 load
Sheep D. Horreni, Douglsa, 1 load, Oouley
& Norwood, Linn, 1 load; H. Cerlne. Morrow
77 head.
Mixed stuff George D. Burdlck, Linn, 1
load csttle, hogs snd sheep.
INSERT MONDAY P M SALES
Monday afternoon Sales.
BULLS.
Av. lbs.
.1185
Chicago A Ut. W., pfd.
Chicago, M. A St. P.. .
Chicago & N. W., c...
rhino Copper
Colorado F. 4 I., c. . . .
Consolidated Gas
Corn Products, c
I',irn Prv,liiet nfd
7.50 7.75 I Crucible Steel, c
pfd.
No
2 bulls
1 bull
1 bull
1 ball
1 bull
1 bull
19 yearlings
12 yearling
1 cslf
1 calf
3 calves . ..
2 lambs ...
2 lambs . . .
2. steers ...
2t! steers . . .
8 steers ...
1 steer
1 cow
1 cow
27 cows
27 cows
1 cow . . . .
25 cows
1 Cow'
5 cows
7 cows
1 cow
1 cow
1 cow
1 cow
1 COW
- 1 cow
1 cow
1 COW
1 cow
1 cow
7 cows
1 cow
1 cow
2 cows ... .
3 cows
3 cows
2 cows
1 cow
YEARLINGS.
CALVES.
LAMBS.
STEERS.
COWS.
HOGS.
..1160
. . 050
..1000
. . 750
. . 460
.. S3
.. 86
. . 450
. . 420
.. 220
. . 50
.. 55
. .1147
..1273
. . 953
.. 570
. .1050
. . S10
. . 9S8
. . 875
. . 9K0
. . 98T1
. .l-'t20
. .1090
. . 772
, . 9S0
. .lo:io
. . 780
. . 7 80
. . 640
. . 670
. .1150
. . 820
.. 920
.. 810
. . 664
. . 770
. .1020
.. 840
. . 953
. . 866
. . 735
.. 700
Price.
$5.25
ft. 00
d. & n. c.
1). R G.,
Distillers
Erie, c.
Erie. 1st pfd
General Electric
General Motors
Goodrich Rubber
(it. North., ore lands
Ot. North., pfd
Greene Cauanea
Hide & Leather, c
Hide leather, pfd
Ice Securities
Illinois Central
Industrial Alcohol
Inspiration
International Harvester ...
Interhoro, c
Interboro pf
Krnses City .Southern, c.
Lackawanna Steel.
. ... 20
27
.... 7x4
69
5t
61 "
. . 49
.... 68
98
!'.'.'.lio'i
128 v;
.... 85t4
....loavi
57
.... 86
...167
. .. 53,
... 2
. . . 94 4j
. . .127S
... 5.1
...42
...134
. .. 194,
. . 50
. . 36
.. 52 H
. .loo'
'.' 7tlH
. . 41
. -12TIH
.. 51
si ii
.149
. 45
6v, . kMi.aa rv nun ntcvi
Uhigh Valley
i Ix,c1sv1lle A Nash
May
July
September
Open. High. Low. Close.
.. 1144 115U 113 114
.. 116 116?i 114 116
.. 115 IIOV4 H 115A
CORN.
.. 75 75 74 75 A
.. 75 75 74 74 A
.. 74V 74V 73V 73B
OATS.
.. 47 47 V7 47
.. 4.1,4 3 3 43A
.. 39 40 39 88
PORK.
.. 2 400 24"0 2390 2390
. . 2380 23S0 2800 2300B
.. 2335 2335 2330 2330
LARD.
.. 1300 1302 1290 1295
.. 1305 1305 1285 1292A
.. 1310 1312 1 297 1305A
RIBS.
... 1270 1272 1285 1272B
, .. 1280 1 282 1 272 1272B
.. 1287 1290 1280 1282
Taooma Banks,
Clearings $
Balances
303.443.00
86,646.00
Oregon Apples in South.
San Francisco. May 8. (P. N. 8.) Apples.
California: Newtown Pippins. 4 tier. $1.00i
1.15: do.. 4 tier. 75JS5c: do. 3 tier, $1.25
01.35; other vsrieties, 75c1.00 per box. Ore
gon and Washington. Wlnesap. $1.852.23:
Newtown Pippins. 55ctfi$1.00 for cboice and
$1.25al.50 far fancy and $l.UOQL75 for extra
fancy.
San Francisco Grain Market.
San Francisco, May 9. Barley calls:
May 9 May 8
Open. Close. Close.
May 130B 130B 130B
December 134 134 134
Spot quotations: Wheat Walla Walla,
1.701.72: red Rttssisn. $1.67(jl.70;
Turkey red, $1.77(31-82; blucstem. $1.87
(a 1.90.
Feed barley $1.35; brewing, $1.35(91.40.
White oats $1.42V41.45. ,
Bran $2324; Middlings, $30(1; shorts,
$2027.
New York Cotton Market.
Open. High. Low. Close.
Jcnnsry 1312 1345 1309 1 344
February 1352
March 1333 1353 1324 1334
May 1266 1292 1266 1290
July 1276 1304 1275 1302
Argsst 1253 1299 1249 1398
September 1315
October 1291 1321 1289 1319
November 1325
December 1305 1339 1306 1338
When writing or calling on advertisers ptase
mention The Journal. (Adv.)
85 hogs 210 $9.15
25 bogs 125 9.10
41 bogs 216 9.10 i
3 hogs 186 .X5 j
4 hogs 204 9 0.1
22 hogs 192 9.05 ;
99 hogs 184 9. 05
85 hogs 192 ) 05
95 hogs 198 .05 I
6 hogs 185 9.) !
92 bogs l6 ft.oo 1
1 hog .' 240 9 t-0
22 h"s 184 9.O0
83 bogs 169 9.00 i
1 bog 750 9. '10 1
68 bogs 177 9 00
91 bogs 188 9 00
25 bogs 214 9 00
86 hogs 171 9.00
91 hogs 179 9.00
70 bogs 268 9.00
51 bugs 159 9 00
8 hogs 285 8.75
1 hog 300 8.55
3 hogs .1:1.1 8.55
1 hog 310 8.50
1 hog 360 8. BO
2 hog 200 .50
2 bogs 260 8.50
2 bogs 530 8.50
3 bogs 330 8.50
2 bogs 310 8.25 !
6 bogs 518 8.15 i
4 hogs 417 8.05 i
1 hog R.-W 8.00 1
1 hog 280 8.00
1 bog 300 8.00 '
1 bog 260 8.00 i
12 hogs 494 8.00 i
4 bogs 375 8.0O '
2 bogs 375 8 !) .
1 bog 190 8.00
24 bogs 134 i.SO !
17 hogs ...i 124 7.50 !
40 bogs 118 7.50 !
4 bogs 132 7.50 ,
29 hogs 135 7.50 i
4 hogs 125 7.50 I
4 bogs 137 7.50 1
7 hogs .' 144 7.50
4 hogs 122 7.601
8 hogs 125 7 .50 !
6 bogs 394 3.00
Tuesday Morning Sales.
HOGS.
No. Ave. Lbs. Pries.
3 hogs 173 $9.05
3 hogs 170 9.05
ashville. .
Mexican Petroleum......
( Miami Copper
M.. K. A T., c
1 Kenneeott Copper
' Missouri Psrlflc
National Biscuit
, Nstionsl Lesd
Nevada Consolidated
- New Haven .....
I New York Air Brake..
New York Central
N. Y.. 0. A W
I Norfolk A Western, c...
Northern Pacific
Pacific Mall
. Pem.sylvanla Railway...
j Pittsburg Coal, c
, 1'reKsed Steel Cur. c
Pressed Steel Car, pf . . .
; Kav Cons. Copper
Railway Steel Springs...
Reading, c
I'.ecdlng, 1st pf
Reading, 2d pf
Republic 1. & S., c
! Ki public I. A S., pf . .
Pock Island
Shattuck
Stars. Roebuck A Co...,
Sttidebuker, c
Studebaker. pf
0 00 SlofW Sheffield
Southern Pacific
5.75 Southern Railway, c
6.50 Southern Railway, pf....
650 Tend. Copper
6 50 : Texas Oil
6.50 Texas Pacific
VSO Third Avenue
f-23 T., St. L. & W., C... ..
6.00 I T. . St. L. A W., pf."...
4-75 1 Cnlora Pacific, c ,
4.50 Union Pacific, pf
-00 1 U. S. Rubber, c
2 00 1; g. Rubber, pf ,
TJ. 8. Steel Co., c
4..V1
8 25
$.80
8.76
$6.00
0.0O
5.50
$10 00
8. 50
$8.55
8.35
7.75
5.5o
$7.50
7.5o
7.10
7.10
7. on
- 00
7.00
6 75
.r,n
C.'O
fi.50
6.50
6 .50
Wlscousin Central
"vt'oolworth
Tbe market closed Irregular.
... 26
... 69
... 78
! ". '. irVf 14
... S
66
... 5
66 "
... 17
... 691,1
!"l05
!!!i24"
...112V4
66
...28
. . . 47
Ti"
... 42
. .. 88
47 "
18
!'. !iio "
...133
64
...98
... 21
... 61
...46
...194
... 10
..13
.. 82
.. 64
..108
.. 83
.. 8y
!I.!"ei
.. 60
.'.128
20
an
78
69
o5
Km
69
52
49
68
96
113
HO
128
44
84
103
lO0
85
80
415
1.15
85
22
49
16
53
111
62
13
37
93
127
52
441,4
133
19
9:l4
79i
10
22
60
30
62
16.-
426
76
40 U,
119
60
9
60 14
29
101
14a
44
111
10
'!
26
?S
127
1
4
65
6
120
65
69$
133
106
27
121
112
23
5
46
100
22
41
8"
45
42
4(!
ins
21
12
11
l:io
109
64 S
67
21
C-
14
192
10
61
i
135
82
65 W.
108
3
79
41
90
60
85
131
Comptrollsr Wants Particulars oa
roreira Bond Mold lag's of Banks.
In his latest call for a statement of
the condition of the banks as of May
1 of -his year the comptroller of the
currency is seeking detailed Infor
mation as to the amount and kinds
of obligations Issued by foreign coun
tries which are held by the national
banks of the United States. The comp
troller wants separate returns made
on the obligations of the English,
French. Russian or Italian fovern-
ments, and of the obligations Issued
by German, Austrian snd Turkish 1
governments and by South American
countries held by the banks. In ad
dition the comptroller wants to know
the amount and number of protested
checks which the banks have experi
enced since the date of the last call,
and a detailed statement of the loans
made to other banks and trust com
panies. There Is one question which
has stirred the ire of the banks, be
cause they claim It la Inconsequential
and Impertinent. He want to be fur
nished with information ss to what
vacations It Is customary for the banks
to allow their employes, and also If
there are any of the bank officials
who hsve not enjoyed a vacation In
five years.
The returns of the holdings of Port
land banks of the obligations' of other
foreign countries It is believed will
be inconsequential. It Is thought the
reports will show only a few Anglo
French bonds, some short time notes of
the Argentine republic and some Cana
dian dominion bonds.
Xioans to Deposits Cross TJp BTearly
2 Per Cent- The ratio of loans to de
posits for the Portland banks on
March 7, 1916, was 60.4. compared with
61.76 for May 1. The average of
loans to deposits for the northwest
cities of the Pacific coast was 68.9
on March 7, 1916.
Group One at Oregon City Saturday.
The members of group one of the
Oregon Bankers' association, which
comprises the banks of the northwest
ern part of the state, will hold their
annual meeting at Oregon City on
Saturday, May 13. "Farmer" C. It.
Smith of the agricultural department
of the O-W. U. & N. la one of the
principal speakers named. D. Walter
Norton, dean of the school of com
merce of the University of Oregon
will tell of the work of his depart
ment, and Hector G. McPherson will
present the rural credits measure for
which he stands sponsor. Secretary
K. Sammons of the Lumbermens
National bank will submit a printed
report on the leplles he has received
to the questionnaire he sent out con
cerning cha-ges mads by the country
banks for the collection of checks and
drafts and for notary work. It Is
also expected there will be Informal
discussions of the proposal of Port
land banks to reduce the rate of Inter
est paid on savings. Ail of these dis
cussions are expected to take place
in ons day at the rooms of the Cham
ber of Commerce. In addition, the
visitors are invited to make a tour of
the paper and woolen mills. The
election of officers Is also scheduled.
The visitors will be guests at luncheon
of the Oregon City banks.
Silver and X-abor Affect Textile
Star gets. John V. Farwell's weekly
rtview of the dry goods trade says:
"As the phenomenal rise In silver In
creases it "Is affecting the purchasing
power of many countries, through their
export business and Is getting to be a
large factor In the demand and supply
of many kinds of textiles.
"Present labor difficulties among
the manufacturers of both men's and
women's garments are bringing to the
surface very emphatically present
San Francisco Wool Market.
San Francisco. Msy 8. Wool, per pound:
Humboldt and Mendocino. 8 months growth. 21
fa23c'. do.. 12 months. 25 (ft 28c; middle coun
ties. 8 months grow th, good, 1719c; do., fair.
! 15(dl7c; Red Blurt ana vi
market conditions. It is reported that
even with strikes among the cutters Of
women's garments, manufacturers are
only willing to make very short deliv
ery extensions and are glad to receive
cancellations from the cutting trade!
who are unable to take on goods dur
ing the time of extension."
Eastern Financial BummaTy -Europe
has ceased to be a heavy Seller.
This fact Is acting in a beneficial way
on the market. Great Britain's April
imports Increased, $10,230,000 and Its
exports Increased $3,S40.uO0. Tba av
erage price of 13 Industrials was
117.11, an Increase of 1.34 compared
with Saturday's session, and for 10
rails the average price was 102.03, an
increase of .63. The western railroads
show traffic increases for April frorn
15 to 20 per cent over last ysar. y
After the War Prices Must CoxnS
Down. James Couzeiis of Detroit, tha
well known automobile man and dlreo
tor of the chamber of Commerce of
the United States: "I believe that the
war orders have played a very, import
ant part in the growth of business m
this country, and that, therefore, tha
stopping of them will have a vary aer
lous effect unless something unfor
seer, at tlie present time takes place
to offset them. Aa far as foreign
trade Is concerned, in my judgment,
there will be a great curtailment of It.
but I do not believe that It will greatly
ariect domestic trade. It seems to ma
that the abnormally high prices must
come down before business in this
country will be good. I do not believe
that they should become ruinously low
prices, 4jut that a more normal pries
must be attained before development
all) go ahead.
"I do not believe that the prosperity
wave has extended all over the United
States; nor do I believe that It baa
extended to all lines of trsde la all
sections of tlie country. There are
trades which have been poor and are)
continuing poor, and 1 believe that un
less prices become more normal the
building trade lu particular will be ser
lously af fee tel. I do not learn that
business In the tar went baa beea
good."
March Exports Break World's
ord. The bureau of foreign and domes
tic commerce reports $410,000,800 worth,
of goods exported from the United
States in March. This exceeds febru
ary by $7,ou0,0o0 and la more goods
than any nation ever exported before
in any one month. It is $113,000,000
more than the previous March, and is
nearly double the March average for
the preceding five year. In the nine
months ending with March exports fell
lesB than $5,oon,ooo short of $J, 000,000,
000, thus exceeding by more than II.
000,000,000 the record fur the corres
ponding period of any preceding fiscal
year.
March imports amounted to $214,
000,000. exceeding by $20,000,000 the
previous record of February, by 6I,
000,000 the tola! for March, 1915, and
by 60 per cent the March average fftr
the preceding five years. Nine months'
Imports to March 31 last aggregated
$1,605,000,000, compared with $1,3H,
000.000 last year and $1,402,000,000 in
1912-13, the former record year. Of
March Imports, 67.8 per cent entered',
free f duty.
The month's export balance was.
$186,000,000. compared with $139,000,
000 In March, 1915, and $5,000,000 in
Msrch, 1914. For the nine months the
present fiscal year to date shows an'
export balance of $1,491.00.000, being
more than double that of last year and'
more than three times that of two
years ago. Present indications point
to an export balance of $2,000,000,000
by the end of the fiscal year.
MISSING
LAN
NOT IN OREGON CITY
AS AT FIRST THOUGHT
Search by Police Fails to Re
veal the Whereabouts of
Charles Palrrfer, a Tailor,
St. iouls. May 8. (I.
changed.
Icinlty, 20Q23C.
N.
8.) Wool nn-
Oregon City, Or., May 8. Charles A.
Palmer is missing from his home In
Portland, and his wife Is anxiously
awaiting his return, and anyone know
ing of his present whereabouts will
greatly favor his distracted wlfe by
telephoning to Main 7322.
Charles Palmer left his home In
Portland on Saturday night telling his
wife that he was coming to Oregon
City on a fishing trip, but since leav
ing that city Saturday evening he has
not been seen since, and his wife
fears that some mishap has befallen
him. He Is described as five feet
eight inches tall, weight about 160
pounds, light complexloned. light
moustache, and has considerable gold
In his teeth. . When leaving his home
wore a dark blue suit, blue tie and
Eastern Barley Markets.
Kansas City, May 8 (I. N. a.) Barley 2e.
S. ) Barley easy.
Ctilcsgo. May 8. I. N
malting, 72aJ3c; feed. 6367c,
Nw York. May 8. (I. N
st aiiy; malting, 80c.
8.) Barley
New York Sugar and Coffee.
New York, May 9. Sugar Centrifugal,
Ooffee New York spot No.
No. Santos 10c.
7 Blot 9Kc;
1 bog 190
8 bogs 183
2 bogs 495
1 hog 130 '
1 bog 890
1 bog 150
1 hog 00
8 hogs 210
8 hogs 153
9 bogs 181
1 hog 160
1 hog 230
Si bogs 86
YEARLING SHEEP.
S sheep 108
103
EWES.
Escaped Convicts
To Be Starved Out
Eureka, Cal. May 9. (P. N. S.)
Attempts to capture the three convicts
who escaped from the Mendocino coun-
The bandits are in a rough, inacces
sible, region south of here, Just out
side of the redwood belt, and all trails
and roads leading to or from the sec
tion are carefully guarded. It is be
lieved that at least one of the trio
was wounded In Sunday's battle.
8.05 , '
8.00
3 sheep
17 ewes
1 steer
I bull
STEERS.
' BULLS. '
.. 100
. 680
.1070
8.00 i-i
5.00
3.00
8.05
ft.on
9.O0
9.0(1
9.0O
7.oO
$8.75
8.71
$6.50
$5.25
$3.25
Overbeck & Cooke Co.
Stocks. Bonds. Cotton. Orals. Xto,
81S-317 Board of Crade BaUdlng.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
Members ChWago Board of Trade.
Correspondence of Logan Bryan.
I Chicago. New T org.
black hat.
cupatlon.
Palmer Is a tailor by oc-
Marriag Licenses Issued.
Vancouver, Wash., Iay - 8. Mar
riage licenses were Issued here Mon
day by the county auditor to tbe fol
lowing persons: Wi :1am S. Fix, 39.
of Prescott, and Miss Harriett Ro
bida, 31, of Yacolt; William Roley,
19, of Milwaukee, Or., and Miss Mae
Cummlngs, 18, of Oregon City, Or.;
Lee Brockman, 31, and Mrs. Iva Fon-
C.G.SHAW.VAiOUVER,
AGED 73, DiS AFTER
A
PROLONGED
ILLNESS
Had Been Resident of City
tor Over Thirty Years; He '
Came From South Dakota,-
If v Ota
a . ajuan ;
Vermillion -Latar
fcV
Vnnrftiivgr Wn h Vsv fa 1 win
i 4 n n w an va as lisnr nr v ex tiAAiiwaa wm '
w t vniVVllt v, v D.1IVVU v i 4VI
nearly 30 years, died Monday at his,
home, Twenty-sixth street and Kauff-:
man avenue, after an Illness of some
duration. lie was 73 years old and
came to this city from Vermillion,
- i
o. D.
Prior to coming here
served as postmaster at
for a period of 14 years.
served his county as treasurer and
representative In the .A'titn Dakota',
legislature. Since coming here he-f
served one term as county commlg
sioner of Clarke county.
Ifn uns a mem her of Afmint TTirtrl '
Lodge No. 32, F. and A. M of Van
couver. Chapter No. 9. Royal Arch
Masotis, and of Martha Washington.
Chapter No. 42, O. E. S. He Is sur-r
vlved by his widow and two sons,
Leon A. Shaw, of Rpokane, and Oary,
Li. Shaw, of this city. A sister, Mrs,
Lester L. Smith, al-o survives.
The body Is being held at Knapp'S ,
lunerai parlors until tunsrai arranft
ments have been completed.
vine, 40, both ofPortland; R. Schlat
ter, 28, and Miss Ruth A. Wood, 2t,
both of Portland.
The First National Bank
Fifth and Morrison Streets
Capital and Surplus, $3,500,000
In every department of banking we
are prepared to serve the public ac-
f