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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (May 10, 1916)
THE OREGOK 1 DAIIY : JOURNAL. PORTLAND, WEDNESDAY, "MAY 1 10, " 916.
HIGH WATER 1 NTERFERS WITH ( THE CATCHING OF SALMON
firman it Cohan
A LOIR PRICE H
Front Street Value Lose Advance
nt CMit nuccnur torcea witn
Heavier Supplies Dressed logs
r. Remain in Good Position.-
Th uddea aloee In th price of country
killed calve gar if curing in aay 10 a
akar toot, and a cut of lc a pound ia lb
prlc. along the wHolesale way.
nclDti of ftlTft were Terr liberal awns
tb street during tn laat 24 bear, ana the
wears or xne iraa wrre orcnuira.
rt nmr anrins in nrerious z nrrars us
bleb aa llV4fl2c a pound, wnll. to et f-
fftra out during tba day were lie. Quite fair
stocks that arrived late TueMar were carried
a er because or in. lacs ox oarers at lormer
In the market fur country killed hose tba
trade continue to bow a good tooe. Price
are eieaur to rirnx. ror an orrering and ex-
tie me Quotation are obtained for oualltr. simI
ether dualities are selllna In erooortioo.
Kaceints of mutton along tba atreet are ex
tremely limited, and oferlng nave been ao
scares of lata that rrtre ara not cenerallv
established. Owlna! to the scarclte of mut
ton, there la a rather good call for a-oata at
SUGAR IS XICKETj HIGHER
' Aa advance of 6c oar hundred pounds In the
freight rata which went Into effect daring
tba dar boosted tba nric of all trades of re
fined' sugar here an eaual amount. The aew
sals for arenulated la S8.45.
EGO MARKET IS VERY QUIET
' Market for esca is very milet along the
wholesale war. with no general change In
Quotation,. while torn of the packers mri
till burin- for stoma:, the bulk of the
northern business has diraDDeared.
GOOSEBERRIES ARE OFFERED
Fancy a-oose'b.rrles were beta offered on
tba local market durtna- the dav at 10G12Uc
a axrana. A email abfnment or noor sturr
arrived a few days ago. bat was bard to selL
STRAWBERRIES ARE MIXED
While California strawberries are quoted
firmer and higher at 11.65 aenerallr. the price
of Oregons Is lower at $2. Poor duality has
generally been shown among the local stock;
In fact, offerings to date bare not been as
good as the CaUfornlan.
Jf-UTHER WOOL STRENGTH
rwiuir lucreiw tu iuv tmngw gi uie wool
price la shown both along the Atlantic coast
and In Eumpa. according to mall advices re
ceived during the dav. The only weak snot
te in Washington, where ebeeotuen are con
tent to accent anr Drlce that buyers will
BRIEF NOTES OF THE TRADE
f1ck.na are nnotftil firmer.
Cbeeaa market weaker, bnt unchanged In
caot nutter remains weak at former prices.
Hon market at a standstill generally aknz
SHXPPERS' WEATHER NOTICE
Weather bureau advises: Protect shipments
during the next 48 hours as far north as Se
attle against mlolmnm temDeratnres of about
84 drawee: northeast to SDokan. 80 desrees:
eontuaast to Boise. 1M degreee: smith to Ash-
lend. 80 derrees. Minimum temoarstura at
Portlaad toulglit about 80 degree.
Kew York. Mar 10. Hurar Oentrlfns-al
Coffee New York spot No. T Rioa.
Na. 4 Han toe. 10 Uc.
(; (Without Change Xa Sent)
Tba Biff. SIS
Elegantly Appointed , f 7
' - alia Trom Alnsworth 3oek
1 I r. E, May 10.
100 ooldan auiaa oa
1AU Rataa Xncaada
Bartot and Maala.
Tabl and Sarvloa
Taa.Baa rraaotaoo U Portland B. B.
Co.. Third and Washington Streets
(with O-W. M, m X. Co.) Tal. Broad.
way 48oo. A-eiai.
Dalles -Columbia Line
Itrs.J. N.Teal and Twin Cities
'OrtlanA tfl TTnno. rnlntnMa Q..I..
lvar polnta. I.v. Portland about avery
on nrroBicATxoir cau tatxob
b .-. uuui. an a i iw gia. ATTia
r - .
n M fVIiTi ITVB 0 Aa a71
1 1 i ar - ii 4
r -rm m -m m ere e r
v SAILS DEB.ECT F0
LOS 'ANGELES SAN DIEGO
0J5.arow 5 11, 8:30 P. ML.
Saa Fi-moUoo, fertiud a Los Aagelea
Steamship Co. Frank Bollam. AcenU
U THI4D STStET. A-4688. Main
Wheat Report of
trovernment t aus
To Find Favor
Crop Fisnre Disrerded by Ijead-
injr, Trader---8!iarp Advance
in Chicago Resalts.
NOHTHWSST 0RAIST nECBIPT
WhHt. R.rl.T. Vr. Oar. Hav.
Portland, Wed.. IT 2 3 5
Year ago , 1 1 ....
Ren son to ilite n mo iki ith 071 'irsx
Year sgo 15.7:0. 1R74 isia ma4 lS2
Tscom Tnes.... 2 1 n
esr ago 25 , 1
Heason to data. . e.OW ,Vi
Year ago 8,s&2 M .... 03 1W5
eattle. Toe... 8
Year ago 4 1 1 10
Season to date. T.5TO 1252 .... 07 4011
rear sgo 7.5S0 10v4 .... 1179 8411
, CANADIAN CHOP IMALLES.
Winnloea. Maa.. Mar 16. An aetimata of
the wheat area of Canada ahows a decrease
of 14.9 pr eent.
Indicating that the American grain trade
places little reliance upon the government re
port was the shsrp adram-e made early in
the session of the Chlrago market for wheat
during the day.
Much crlllplmn Is oliown In tbe local trade
regsrrllng the govern mint's report of tbe
Pacific northwest crrp, which 1 said to be
estimated far below the actual showing.
Private advices rpcalved from tbe various
districts not only fall to bear out the gov
ernment's report of tbe smallest crop known
In years In Oregon, bnt the replica show
that better than jn average condition la
shown at the moment.
Middle west miller are bidding fer small
lota of Pacific northwet wheat, but sales
are limited because prices are not satisfac
tory. Oats and barley markets are quoted very
firm at country polnta vltb demand best for
Broomhall cabled . from - Liverpool that
wbeat was steady witn shippers' offers fewer,
but arrivals liberal. Spot, unchanged. Car
goes steady, with Manitoba, and winters 3d
dearer. Export offers firmly held with an ab
sence of Indian offers. Australian la spar
ingly offered. Continued unfavorable report,
from United Btates ai.d fears of reduced
acntnge in Canada la exerting an Influence on
sentiment, bnt arrivals keep liberal.
Huenot Aires wbeat closed easy with free
arrivals. Tonnage fcarce and In urgent de
mand and shipments of sll grain are expected
to be moderate thia week.
Foreign crop summary la favorable.
FLOLU Selling price: Patent. $5.20: Wil
lamette valley, S4.(K; local atralght. (l.Oi'Q
6.00; bakers' local. $4.0(3B.20- Montana aprlnic
wheat. $H. 10; exports. $4.50(24.70; whole
v-beat. $U.Cfi: grabam. 13.40; rye flour, S.V95
HAY Murine price: Willamette yaMey tim
othy fancy. $20-; eaal-rn Oregon-Idaho fancy
timothy, $Jl.'i; alfalfa. 2l22; vetch and
oat. $18; clover, $16.
GRAIN SACKS 1016 nominal No. 1 Calcut
ta, 13V&Q13HC in carlota; leaa amounts are
MILI-STUFFS 8elllng price, carload lots,
bran $2:1; shorts, $13. Ml.
KOLI.KD OATS $0. 7 per barrel. V
HULLED BARLEY $81.80(932.50 per ton.
Bhurply higher prices at Chicago forced a
more bullish Rentlment In the local wheat
trad during the flay. On the Po-tland Mer
ctanta exchange May wbeat bids were lQ2c
advanced above Tuesday.
May oats bids were off 35c a ton, while
barley showed an advance of 50c a ton.
Merchants exchange May prices:
Wednesday Tues. Mun.
BUI. Ak. Bid
Bluectem -lot Ki7 103 103
Forty fold .4 HH P2 l3
Club !! 07 01 P2
Bed fife P.t 1S 2 VI
Red Russian 9.1 W 92 92
Feed 287.1 . -750 2700 2725
Feed 2700 IfltOO 26S0 2000
Bran 2275 2.'io0 227.1 2400
Shorts ,.1330 j50 2528 2700
Future were quoted:
June blnestem 104 107H
Juna forty fold... M W
Juno chib H Oh
June TA fife 93 1
Juue Russian U3 M7
- FBKl OATS
June 2075 2750
Juna 2000 210
Jone bran 2-10O 2400
Juno iKrU 2573 2700
New York Cotton Market.
Mar elk ..
OctoOer . .
Open. lltgh. Low. Close.
la4 IXM vm i:7J
1.172 1355 la.Vt
12t) i:tl4 12M 12M
.... l.'ion 1310 12o 120H
.... 1321 1:C9 1311 1305
1310 1.115 1310 1310
1321 1 8U IMS
133SI lXw ;j:il 1331
THAN SIHJHT ATION
1 if aj 1 " aj agi 11 si lgJM1ii .rii liiml i
Portland $20.00"! f.
San Francisco $17,
Totiriat, S15.00 and tUSO,
Third Olaaa, Sa
MEALS AND BBK'iH INCLUDED.
S. S. Great Northern
Liner with t?ie speed of an Kxpresa
Train. Steamer Kxureaa leaves North
Bank Ststlon A. M.
4IAY 9. 13. 18. S3. 97.
From San Francisco May 6, 11. 18, 20,
15, 80. Sailing; Tuesdays, Thursdays.
Saturdays, beginning: June 1.
TICKET OrFIOB. STB AND BTABK.
Phones Broadway 920. A-C671,
American-Hawaiian Steamship Co
All sailings between
U. S. Atlantic and
U. S. Pacific ports
are canceled until
0. D. Kennedy. Agt.. S70 Stark St. Portland.
PRiCE OF SALMON IS
Leaders of the Trade ay They Ex
pect to Bill Initial Shipments at
Old Quotations Ran in Willam
ette and Columbia Small.
NEWEST AND MOST LUXURIOUS SERVICE TO
S.S. "Prince Rupert" andS-S. "Pjrince George"
StU Twin Scraw. Oa Burners
ALL OUTSIDE TWO - BERTH ROOMS
Leave Seattle Every Monday la o'Clock Mianight
lral:i r II I I
Victoria, V.ncouTf 1 "axi, tt xnSci, .uneau ano
and Princa Rup.rt, B. C.Y Kagway, Connecting Witn Wnite x
,"t ,' For I Pass and Yukon Railway. .
' . ; ' Staamar. Connact at PRINCE RUPERT with
GRAND TRUNK PACIFIC RAILWAY
For Prince George; Edmonton, Winnipeg, St Paul,
Chicago, Detroit, Buffalo, Toronto, Montreal,
j , . Boston, New York and all ffcinst east via .
? CANADIAN ROCKIES
Electric-Lighted Standard and Tourist Sleepers, Dining and Observation
t ' '' - " ,1 ' Parlrtr Car
City Ticket Office, 116 Third St.
DORSEV B. SNUTK, C. P. A T. A. ,
Phona IRsrshail 1979
J. H. BURG13, C, A. P. D,
Wbije formal announcement of the official
opening price for Columbia river spring pack
ralmoa will not be made for several' daya.
li la now practically assured that the price
will open the tame as la 1915, despite the
higher cost oX raw atateriala for tba park,
ss well as an advance for the fish itself.
Leaders -of the canned salmon iudustry
sa- that while triey have not made any
all if. menu of new pack fish to date because
of the very small catches, they will bill out
initial shipments at lsst year's value. Tula
mentis that If the price Is named higher than
a year ago the canners billing at last
j ear's quotations will lose the amount of tba
advance, while on the other band, tbey will
be compelled to rebate the purchases any
amount' that the market may drop.
This, therefore, leaves tbe situation sub
stantially the same ss a year ago, so fsr as
the price is concerned. Orders for new psck
Chinook are comnia forward rather freely on
I lie baals of prices to be named at tbe open
"The catch of salmon la very small, both.
In the Columbia and Willamette rivers," say
Hobert 8. Farrell of Everdlng A Karrell.
owners of the Pillar Bock Packing company.
"The present ideas of tbe trade are for open
ing prices the same as a year ago."
JOBBING PRICES OP PORTLAND
Three prices ar those at which wholesalers
sell to retailers, except ts otherwise stater".
BUTTER Prints, extras. 2ttc; prime firsts,
27c, firsts. 2oWc; cubes, extras,
prime firsts. 2&c; firsts. 24f24e per lb.;
BfjTTKKKAT Portland delivery Ao. 1
sour cream, 27c; No. 2, 2ic.
EGO'S SeUing price by dealer unsettled,
delivery exta: Selected fresh. 21 (ti 22 Vic Jos.;
case count, buying price; Airegon ranch, II He"
LIVE POCLTK1C Hels, heavy, Plymouth
Rock. 18c; ordinary chickens, 17c lb.; atags,
lie; broilers, SU35c lb.; turkeys, lK2;c;
dressed, fancy, 2tfcf27c; culls, 1720c; pig
eons, Sl.Ou&l.iiO: winabs. SI 20 dozeu: geese.
live, 10311c; Pekla ducks, old, 10c lb.; young
snu neavy. lie; Indian Kunners, He per in.
CIlEtSii Selling, price: Fresh Oregon fsncy
full cream twins and triplets, 18c per lb.;
Young America, 19e. Price tu jobbers: Flats,
16c; Young America, 17c, f, o. b. : cream
brick, 22&24c; llmberger, 2324c; Wisconsin
wheel. JHfttUtte; blvck Cwiaa. Hoc.
Fruita and Vegetables. ,
FRESH FKU1TS Oranges, fancy favel,
I2.(K)li.iJ5; banuuss, 3c lb.; lemons, Jli.uCW
4.2o box; grapefruit, Florida, $4.50(5.25 cane;
pineapples. 5Vbtoc per lb.; peara, fl.!HK02.X.
HKRR1K3 liUawberriea. Florin, fLOS; Ore
gou, S2.U0. '
AppLEb ical, uOc 1.50 per box. accord
ing to quality.
ONIONS No.- 1. $1.75 per cental; No. 2,
$1. 25(1.50; association selling price, carload.
$1.50 f. o. b. couutry points; garlic, YUSic;
new onion. $1.7o2.o0 crate.
I'OTATotS Selling price: Local, $1.25
1.60; buying price, $1.00(tl.l3 per cental;
new California, 'iQ-Mv; aweets, $3.00.
VEULTABLKS lurulpa, Uc doaen bunches;
beeta( Hoc per do sec bunches; carrots, doc per
dosen buncnes; pansnipa. .ou sack; caonage.
i25 fer cut.; green onions, 25c dosen
bunches; peppers, Florida, 23c dosen; besd
lettuce. California. $2.23 per crate: celery.
Florida. $3.50; cauliflower, local $1.0021. 1J
per dosen; irremn arucnoxea, toc; aspara
gus, local, 004ftf0c dozen bnuches; hot
house cucumbers, gl.004j1.5O dosen; tomatoes,
Florida. $4.()0; egg plant, 2Vc lb.; sprouts.
uc, spinach. $1.UU -per box; rhubarb. I4i2c
ner lb.:oeaa. oftjtoc ID.
Heats, Flah and Provisions.
DRESSED MEAfS Selling price: Country
killed fancy bogs, ll'u'llc; poor. 810c lb.;
futcy veals, 11c; ordLuary. lOc; goats. '&&$c
lb.; spring Ismbs, J7c lb.: mutton. 10c lb.
HAMS, UACO.N, ETC. llama, luf 2aic lb.;
breukfast bactiq, 174iJOc lb.; boiled hams,
hoc lb.; picnic, 13; cottage roll, 13Vac; Ore
gon exports. l.".rtltJVsc per lb.
OYSTERS Oljmpls, per gallon. $3; canned
esataru. 50c cau, $a.3o ilozen- eastern in shell,
$1.83 per iUO; rn- clam. 12Vc dceu; east
ern oysters, per gallon, solid pack, $3.
FISH llreed flounders, 7c; Chinook al
n.ou, lie; perch, 74U8C per lb.; lobsters, 5c;
liver snielt, be; aalmon trout, 12 Vac lb:
halibut, U12c; torn cod, 7c; black bay. 7c
lb.; ahad. dressed, 7c lb. f
CRAUfcV-Large. $1.73: medinm, $1.25 doaen.
l.AKl Heroes, kettle rendered. 14Vc;
SUGAR Cube, .; podered. $8.85: frnit
or berry, $8.45; bet, $8.25; dry granulated,
IS. 40, I) yellow, $7.85. (Above (luotalioua are
HO (lays net cash.)
HONEY New, $S.25ft3.50 per case.
RICK Japan atyile. No. 2. 4c; New Or
leens, head, 5J. Uir; blue rose. 3 Vic.
SALT Chaise, hsif grounds, 100, $10.50 per
ton; N. ail .30; table dsiry, 50s, $10.00; 101W,
$li;.f0; bales. $2.25; lump rock, $20 per ton.
UKANS Small white. $8.23; large white,
$.10; pink. t).2i; liuias, $5.75; bayou, $tf5;
Hope. Wool and Hide.
HOPS Nominal .buying price, 1913 crop
choice, 11c lb.; prime, loc; medium to prime,
WOOL Nominal. 1910 clip: Willamette val
ley coarae Colatuild. 33c; medium Shropshire,
3132c; fine, UUJlc; eastern Oregon, 18ft
HIDES Salted hides (23 pound and np),
16c; sailed stags (io lbs. snd up), 12c; salted
kip (15 lbs. to 25 lbs.), 17c: salted calf (up
te 15 lbs. X 22c; green hides (23 lbs. and np).
Mc; green Blags (30 lbs. and up), 10c; green
kip (15 lbs. to 25 Ua.), 17c; green calf (up to
15 lba.), 22c; dry flint hides, 28o; dry flint
cult' (up to 7 Ibs.X, aoc; dry salt hides, 43c;
dry horsehides, each, 7oc10; salt horse
bides, each, $2,0013.00: horsehair, 28c ( dry
long wool pelts, 20c'; dry short wool pelts, 10c;
dry sheep sbearling9, each, 10&25c; salted
sheep shearlings, esch, lAig(25r?; coarse valley
wool, at market vtalue; medium valley wool
at market value: mohair, 4ftSj4ac; Mo. 1 tal
low, 8c; No. 2 tallow, 7c; No. 1 grease, 6c;
dry goats, long hair, 18c; dry goats, shear
lings, each, liif2(jic; salted long wool Delta,
TALLOW No. 1, Sc; No. 2. 7c; grease. 7a.
CHlTTkM OR CASCARA BAitK Buying
prices, per car ioi, sc; less man car lota, 4C,
J1UUAIH I'JIO. aigiOC ID.
Paiau and Oila.
COAL OIL Water white, in drums and Iron
I.INSELU OIL Kaw, bhl., B2c gRllon; ket
tle bulled, bbl.. Use; raw, case, 97c; boiled
case, kfttc al-: lota of 25U gallons, lc less.
TC Rl'E.NTlN K Tanks, u7c; cases, 74c gal
lon. WHITK LEAD Ton lots, 10ic lb.; BOO lb.
lots, 11c; less lots, ill Vic per lb.
OIL MEAL Carload lot. $44; less than Cat
OASOLINB Basis price 19e pet gallon.
Lane Crops Suffer.
Eugene, Or., May 10. Snow appeared
on the liilla adjacent to Eugene Tues
day for the first time since the heavy
snowstorm durtag the first "part ot
March. Farmers say fruit crops are
suffering- and many will be compelled
to replace early field corn which is
rotting In the rround because Of In
sufficient warmth to germinate grains.
Cold rain has prevailed for four days
and tne precipitation has been ezces
Great Strength a
Feature of Swine
Trade in the Yards
Top Quality Absent, But Former
Values Are Continued Small
Runs of Mutton. I
PORTLAND LIVESTOCK RUN
Hogs. Cattle. Calves.
Thursday . . . . .
Two years ago. .
Three year ago
Chicago Produce Market.
Chicago. May 8.-MI. N. S.) Butter poor,
Butter Receipt, 9700 tub. Creamery ex
tras. 2S&; extra firsts, 27i?28c: firsts,
27ft27V,c; second, aefcVae; Trirriea extra.
28Vtc; firsts, 27c; . seconds. 26fi2Sc: pack
ing stock, 24 24 He.
Eg Receipts, 113.900 ease. First. 80 Vi
ktSlc: ordinary firsu, 19$jl9iev miaoiUane
ous lot. 192ia4e;' extras, 23g24c.
Oregon Apples in South.
Ban Francisco, Mb? 9. (P. N. 8. ) Apples.
California, Nawtowm Pippins, 4 tier. $14J
1:15; do.. 4 tier. T5ti83c: do.. SiA iter. !?.
other vsrletJes, T3e$1.00 per box. Ore" 1
ur iso nrauugim: vvinesap, l.B0ia2 25;
Newtown Plplas, facQl.OO for chetoa and SUSS
for fancy and $1.0X1.75 for extra
San Frantteco Hop Market.-
Ban Pranctoco. - JHay 9. Bops. 1913 crop
basis per - pound, prices la growers, Santa.
mto valley, I0i8c Soaoma ad liendoctno.
The' market for nors la .bewtna considerable
strength and while no sales have been made. I
at Aorin rvrtianu since Monday at tee ex
treme top of $8.2082, tiiere U do change
In general condition and suitable quality
won id still bring the former top quotation.
Triers waa a fair run of swine in tb yards
over night and during the morning the trend
of tbe trade was favorable.
General hog market:
Choice light weights
moou ugnt weignts
Rough and heavy
Cattle Continue Strong
Market for cattle continue strong' at North
Portland, although there was nothing in sight
during ths day to test extreme top quotations.
The only arrival overnight were from Wll
Ismette valley point and of only fair quality.
Mo Chang shown in general value.
General cattle market rang:
Choice pulp-fed steers , $S.S0(g9.1B
looice grain-fed (tear
Ordinary gram-fed steers
Choice bay-fed ateer
Ordinary to common steers ,
Choice cows .,
Ordinary to common cow
Ordinary heifer ,
Choice bulls. . . . :
Good to fair bulls ,
Ordinary to common boll
Best light calves ,
Gosxl calve ,
mors v auey mutton.
There was another small supply of mutton
and laatb reported in the North Portland
yard overnight. Trend of the auirket con
tinue aggressively strong with former prices
still being quoted by the general trade.
General shorn mutton and lamb range:
Select spring lambs $10.0010.2n
Best yearlings 8.00 8.73
Good to common wethers 7.50b 7.75
Best ewes 7.00
Good to common ewes 6.50
Wednesday Livestock Shippers,
Hogs J, W. Brown. Polk, 1 load; William
Block, 1 load; 3. K. Parrlsh, Marlon, 1 load.
Sheep Earl Wood, Marlon, 1 load.
Mixed a tuff F. B. Decker. Marion, 1 load
hogs and sheep; Armadale Bros., Lane, 1 losd
cattle, hogs and sheep.
Wednesday Horning Bales.
SPRING LAMBS. .
No. Ave. Lba. PriCa.
55 lambs 40
10 lamb , 70
6 lambs 52
6 lnmhs 48
3 lambs 73
74 yearling 72
6 yearlings 77
20 yearlings 70
IX yearlings 94
13 yearlings 79
1 yearling 110
5 wethers 140
1 wether 110
80 ewes 131
L. ewe '.'i6
6 ewea 120
5 ewes US
26 ewes 83
1 fcull 1170
Acreage in Tubers Is Curtailed Be
- cause of Extreme Price Offered
for Bean Contracts- Local Grow-
ers Hold Too Long.
. Tery small shipment of potatoes are again
reported to Callforniaby tbe local trade.
Bering prices In the Willamette valley ur
lng tbe day ware generally around $1.0031.15
per cental, according to quality. Tbe latter
wa the extreme prioe offered and then only
for exceptional lota.
California's takings gjof potatoes here are
the lightest ever known at this season of
tbe year; in fact, all daring the crop year
ttere ba been a very slow trade witn th
exception of limited spurts.
Seed demand from the sooth is practically
nominal. Latest advice from th leading
potato sections ot the wroth again indicate
the fact that the growersot potatoes are
abandoning that industry to take up the
growth of beans for which contract are be
ing offered at extreme values. Advices state
that the former potato growers see much mora
profit in the growing of ieana thia season,
therefore are sot planting potatoes as-extensively
aa in former seasons.
When the demand tor potatoes waa fairly
good from California early in th season,
Oregon grower refuted to sel because some
of them were advised by local publications
that the price would go to a't least $3 a
cental. While the local growers were hold
ing Idaho was shipping everything in sight
and i now practically cleaned up.
Another re.aon why local stocks have not
been cleaned np Is that local wholesaler dis
criminated against the Oregon product this
eeaeon in favor of tbe cheaper priced and
Lqoality Yakima tock. While the Yakima
stock was of 'larger size than the Oregon, it
showed poor keeping quality on account of
4 hogs '
AMERICAN LIVESTOCK PRICES
Denver Eogs $9.60.
Denver, May 10. Cattle 400. steady. Bee
? leers, $7.75(33.75; cows and heifers, $.008
.75; stockers and feeders, $7.00S-S0; calves,
$10.00 4f 12. 00.
Bogs 1200, higher. Top $9.60; balk. $9.45
Sheep 200. strong. Lamb. $10.40(311.00:
ewes, $S. 40S8.75.
Chicago Hogs $9.90.
Chicago, May 10. (I. N. S.) Hog 22,000,
steady. 5e under the opening, which waa nn
chenged to Cc above yesterday's average. Bulk
$9.6oS9-80; tight, $9.S59.90; mixed, $9.403
9.83; heavy $11.35(39.90; rough, $3.35(39 50;
Cattle Receipt 12,000. firm. Native beef
teers, $7.70Q-85; western steer, $7.0098.83;
tocker and feeders, $5.75(j8.o5; cow and
heifers. $4.20(39.35; calves, rt. 5095.
Sheep Receipt 11.000. strong-. Wether.
$7.00(89.50; Umbs, $S.OO12.00.
Omaha Eogs $8.80.
Omaha, stay 10. (I. N. 8.) Hogs Receipt
9600, strong. Heavy, $.6&9.S0; light. $9.50
29.60-, pigs, $8-00Q9.00; bulk, $9.009.70.
Cattia Receipt 2800, higher. Native steers
$8.00(29X0; cow and heifers, $0.75(38.23;
western (teers, $7.50(39.00; Texas steers, $7.00
8.00; stockers and feeders, $6.76Q9.e5.
Sheep Receipts 2200, strong. Yearling,
$8.7510.40; wethers, $S.609.50; Ismbs,
St Louis Hog $10,
St. Louis, May 10. (I. N. St.) Hog Re
ceipt 10,000, steady. Pig and lights, $7.50
gy.90; mixed and batchers, $9.f010.00; good
Cattle Receipts 8600, strong. Native beef
teers, $7.60a)9.8S ; yearling steers and heif
er. $8.50(9 75; cow to Jt5&8.25; stockers
and feeders $5.5038.50; southern steers. $3.73
Q8.75; prime southern steers, $5.008.00;
cows and heifer. $9.00(g0.5o; native calves,
$6.0010.50; prima yearling and heifers, $8.75
Sheep Receipt 100, strong. Wethers $7.00
8. 60; lambs. $10.00(11.80; clipped lambs. $9.00
9.S5; clipped ewes, $7.50$i8.26; spring lambs
Seattle Hog $9.25.
Seattle, Wash., May 10. (P. N. S.) Hose
Receipts 371, ateady. Prime Hgbta, $3.1.V.
9.25; uiMIum to choice, $9.009.10; smooth
heavies. $8.50(6,8.75; rough heavies, $8,003
8.25; pigs, $8.008.75.
Cattle Receipts 10, steady. Best steers,
$5.5039.00; medium to choree. $8,0048.50;
common to medium, $6.S0f$7 .50 ; best cows,
$7.O07.50; common to medium cow. $4.00
6.50; bulls, $4.504il6.50; calve. $7. 50(5.8. 50.
Sheep Receipts 82, ateady. Lambs $10. 00 '3
11.50; yearlings, $9.009.50; awes, $70SS.OO.
Kansas City Hogs $9.95.
Kansk City, Mo., My 10. (I. N. 8.)
H-g Receipts 11,000. bigner. Bulk SS-tCiJ
9.95; heavy. $9.76T9.87H; packers and butch
ers, $0.7O(9.85; light. $95Q.75; pigs, X-.50
Cattle Receipts 4000, higher. Prime fed
steers, $9.45Q9.65; dressed beef steers. $S.O0
(9.25; western steers. $8.0Uj9.40'; stockers
and feeders, $7.009.00; bulls, $3.757J50;
Sheep Receipt 12,000, higher. Lamb $0.60
11.90; yearlings, J.6011.00; wether. $7.50
ftiy.oo; ewe, i.zi(u.uu.
Ea5tarrv Barley Slarkets.
New York. May 9. (I. N. s.) Barley
steady, malting Gtic.
Chicago, May 9. (I. -N. S.)-Barley steady,
malting, 7283c; feed. 63tf Offc.
KafMas City, May . (I. N. S.J Barley 39c.
San Francisco Wool Market.
Ban Francisco, May 8. Wool per pound:
Hcmboldt and Mendocino. 8 months' growth.
2123e; do..-12 months, 25 28c; middle coun
ties, S months' growth, good, 17319c., dk,
fair, lSffllTc; Red Blnff and vicinity, 20a23c
St. Locia, May U. U. N. 8.) Wool no-changed.
In Wheat Trading
Chicago Market Sharply Higher tn
Early Session, With News
Chicago, May 10. (I. N. 8.) It aeemed
Ilka everybody we buying wheat at the open
ing oX the pit today. There were sellers, too,
of course but they were profit takers, and
In many Instances thosi who sold earlier tn
the day bought on tbe fractional reactions
towcrd the close.
Price were from V,e to lc np at the open
ing, and in the first hoar an enormous amount
of trading was recorded, with the bull con
trol evidenced by further gains of He to lc.
July was the most consistent future, and its
gain were steady, and at all times the mar
ket seemed firm.
Reports lssned-by several of the big h oases
and by private agencies were generally In
clined to be bullish. Nebraska wbeat wa
reported as suffering from drouth and hot
wind in Kansas, are eald to be causing eoo
Corn and oats were fractionally higher at
the opening, and both grains held a com pan
tit ely steady course, supported somewhat by
the firmness in wheat. A trading position
wa taken by the 'local crowd in both grains,
and nothing occurred to Influence independ
ent movement either way. '
Range of Chicago prices furnished by Over
beck Cook Co., 216-217 Board of Trade
I In Stock Market
New York Trade Is Showing Quiet
Tone In View of Possible For.
New York, May 10 (I. V. .) Tb stock
.masket today evidenced many complications,
both la foreign and domestic affairs. Hi nn
certalnry of troop movement along the Mexi
can border, press reports of s probable tnvee
tlgatkai of coal price and advices concerning
tbe alnking of tbe Cymric were tbe principal
factors to influence stocks. The Cymric re
port Caused considerable selling In the first
hour, and the latter influence had a depressing
effect Ion such atocka a Reading.
Tbe general tendency of tbe room crowd
seemed to favor a temporary "watchful wait
ing" policy, until the market Is warranted la
adopting a more definite course' -
The volume of business transacted in the
opening hoar was considerably under tbe aver
age of the past week. An aggregate of 150,
POO (hares were traded la and the score of
tbu operation was mora Inclined to favor a
few of tba laadaca tnaa to cover tbe list la
Ofee copper, for instance, were decidedly doll
in the first hour, and while Indus trials were
less active than they hav been, some of the
leading stocks were heavily dealt In. It was
evident that the trade la playing a conserva
tive gam la the industrials, as these stock
ara considered most vulnerable.
The market closed strong.
Rang of " New ' York prices furnished by
Over berk k OBoks Co., 216-217 oBard of Trade
FinanceCommerce Industry i;
: 1. 1' t, ';K
Bankers Protest to President Against Lerying Income Tax on Inter-
est Earned by Investments of Aliens in Domestic Bonds-
Growth of Chain, Store System. v
Open. High. Iw. Close.
115V4 U6 11B '4 316V4A
117 117 1164a 317S
116 117H 118-tt mVsA
75V4 75s 74Vj 74HA
74 75 73X, 74H
73 Va 73 72J, 73
41 4t 47U 474
43. 41 43 43tf
40 40 14 89 40
2385 KW3 2300 2385
2365 2370 2352 2363
1202 J2S0 ' 1270 12S0
1207 1297 1 277 1 2SO A
1307 1307 12S7 1292
1287 1267 1202 1265
1207 1272, 1257 120 B
1273 1275 1270 1270 B
Spring Wheat is
Following ts a summary of the crop condi
tions in Oregon for the week ending May 9. a
reported to the local office of the weather
bureau by special correspondents:
Excellent growing weather prevailed daring
th first three days of the week, hat tbe last
four were cool and wet, which condition w
meat unfavorable ft fruit, especially Italian
prunes which have dropped badly. Frost slso
did some damage to fro It In the eastern coun
ties, especially where the rainfall was less,
for in those section freesing tempera tares
prevailed on one or more night.
Spring wheat ha atooled nicely, and it I
making latlsfactory progress, although th
season Is from a week to 10 day late. Win
ter wheat is not doing so well. The fields are
unusually weedy, and In some places wtre
worms have done considerable damage. In
other sections the fields are somewhat spotted.
Corn planting is well advanced and plowing
for summer fallow, seeding and early gaMen
and potato planting are nearly finished.
Pasturage, alfalfa and meadows are gener
ally in excellent condition, snd cattle are be
ginning to look sleek, after so mnch suffering
last winter, owing to the. scarcity of feed.
Tbe first rutting of alfalfa will begin in a
week or two.
The cool, wet weather was severe on newly
shorn sheep, but na report of losses were re
ceived from our correspondents.
A good crop of strawberries is being marketed.
Alii Chalmers, c
A ills Chalmers, pf. ...
American Beet Sugar..
American Can, c
Airerloan Oan pf
American Car Fdy., e. ,
American Cot. Oil, e..
American Loco., a....
American Smelter, c.
American Smelter, pf.
American sugar, c. ...
Am. Tel. & Tel
American Woolen, c...
Anaconda Mining Co..
Baldwin Loco., c
Baltimore 4V Ohio, c...
Bethlehem Steel, e
Brooklyn Rapid Transit
I4iiir. fetroieum, e...
Calif. Petroleum, pf . .
Central Leather, c. ..
Central Leather, pf...
Chesapeake ac Ohio. . .
Chi. A G. W., e
Cht. A G. W., pf
Chi., U. A St. P. ...
Chi. A N. W., e
Colorado V. A I., c...
Corn Products, e
Corn Products, pf
Crucible Steel, c
Crucible Steel pf . . .
Ienvr A R. G., c. ..
Denver A B. G., pf . . .
Erie, 1st pf
G. Northern, Ore Lands
U. Northern, pi
Hid A Leather, e. . . .
Hide a Leather, pr....
Kansas City South., e.
Lrcka wanna Steel
LouiavHle A Nashvilla.
Mexican Petroleum. . .
M. K. A T., c
Ketmeeotte Coppef . . .
Nevada Con. -
New York Air Brake. .
New York Central
Norfolk A W., 0
Pittsburg OoaL C
Pittsburg Coal, pfd...
Pressed Steel Car, c. . .
Pressed Steel Car. pfd.
Ray Oooa. Copper
Railway Steel Springs.
Reading. lt pfd..:..
Reading. 2d pfd
Republic I. A 8., C. ..
Republic I. A S.. pfd.
Sears, Roebuck A Co..
Southern Ry., pfd. ...
Texas Pacifla .......
Union Pacific, e
17. S. IRubber, c
17. S. Rubberr pfd
V. S. Steel Co, c
U. S. Steel Co., pfd...
Utah ' X)pper
W. U. Telegraph
1 Open I High I Low I Close
Total sales 419,500 ahare
XaYsstmaat Sankars Protest te Frssl
dant, Th Inveatmsnt Bankers' Asso
ciation ot America has seat a protest
to President Wilson over tha adminis
tration of ths Income, tax law by the
treasury department. Ths point in
volved ia the right ot tha Internal
revenue collector to deduct ajt income
tax from the Interest returns on bonds
pf domestic corporations' which are
owned by foreigners and the earnings
of which have to be transmitted to
them. The bankers' association as
serts there is no law authorising; such
a practice. It is also charged that
the attorney general ot tbe United
States has addressed an opinion to
the secretary of the treasury affirming
thia contention. In aplte of this. It Is
the intention of the treasury depart
ment to enforce the collection ot the
tax after July 1. 11L It is further
asserted, when asked to give his rea
sons for proceeding as be la doing- in
this case, that Assistant Secretary of
ths" .Treasury Malbern has refused to
do so or to give the attorneys for the
Investment Hankers' association an op
portunity to argue the question with
the department. Ths bankers claim
that the foreigners bought these bohds
at a definite price, and on tbe bssis
that they were not subject to the in
come tax. Up to the present time na
such tax has been collected or has
there been any effort to enforce such
a collection, it Is claimed. To carry
out the plana of the treasury depart
ment now. It is asserted, will be to
brine; up the question of international
right and honesty.
Development of Chain Stores, The
visit to Portland today of F. W. Wool
worth, president of the Woolworth sys
tem of chain stores, calls attention to
the development of efficiency in mer
chandising, as expressed in the growth
of the chain store plan. A recent tabu
lation of these has not been made, but
In October, 1914. there v ere 2788 dif
ferent chains controlling 30,549 stores.
A few of the leading ones are given:
Tobacco 2 50 2600
Grocery 600 8000
Five and ten cent 180 2000
Drugs 200 1400
Restaurants . . 100 1400
Pianos 125 1000
Saloons !.... 100 400
Shoe black stands 100 400
Not Included in the above list aret
the cooperative drug stores, the stock
holding drug stores, and the manufac
tures' chains of atores. It Is held by
some that the. tendency is to a mon
opoly of the merchandising business
of the country in the hands of the
chain stores, the department stores and
the mall order houses. The rapid
growth of these Ideas has certainly
been a marvel and it Is clear that
the end is not yet. New mail ordr
houses with enormous capital ar be
ing organised every little while. The
proposed chain of dry goods stores is
about to be launched and an organiza
tion of hardware stores has recently
been put in operation. The department
stor idea is reaching out1 to every
risking; and Auto Kids Included at
Oregon Cltyj President LeRoy M.
Walker of Group One of the Oregon
Bankers' association, which meets at
POTATOES ALONG THE COAST
Oregon City on Saturday, earns to the
city yesterday and aaid that th local
bankers have arranged for as aiitn ride
in and about Oregon City in th after
noon for the visiting bankers, fishing
accommodations for those who want to
try their luck at catching salmon, and
a trip through the mills of the Crown
Willamette Paper company, the HawJey
Pulp fit Paper company and the Oregon
City Manufacturing company's woolen
mills. Mrs. Eva Kmery Dye, the his
torian, will be a speaker at the lunch
eon and will tell of early Oregon City
history. ; ;;;:v-
To Urge Keeping of Fersonal-Xx-pense
Accounts. A special committee
of members of th Portland Association
of Credit Men Is starting a campaign
for the more general keeping - by in
dividuals of personal expense ecQounts.
The movement is a part of th national
thrift campaign being directed tn Port
land by the local chapter of .tb Ameri
can Institute of Bank Clerks. At a
meeting of the credit men's committee
held at the Chamber ot Commerce on
Tuesday afternoon sample expense ac
count books wore studied. It was de
cided to send for a sufficient number
of these books, distribute them to th
leading business houses with the Sug
gestion that theysupply each ot their
employes with a copy. Each employer
will be asked to urge each employs to
keep an itemised account of hla or her
personal expenses. It is tha belief of
those who are developing the idea that
if an individual once gets th habit
ot keeping a record of his personal ex
penditures so that he knows Just what
he apends and how he spends ItJthftt
the habit will soon beooms fixed aril
have a wholesome effect on the Credit
relations and dealings throughout, his
entire life, j f:h
Canby Wants Kunlolpal Wats
Works. The citisens of Canby oni May
19 will vote on issuing 118.000 of bond
for the purchase of a municipal Water
plant. The project is receiving th
support of the local paper. (,
Coos County to Tot on 9369,000 Bond
Bonds. On May 19 Coos county; will
vote on lasiilng $82,000 of highway
bonds. The expenditure is to b di
vided aa follows: Bandon-Cdrry coun
ty line, IM.OOO; Bandon to' Coqulll.
J4S.000; Coqullle to Myrtle Point, 148.
'000; Coqullle to Marshtleld. 14,000;
north to Coos Bay, $69,000. t f
Th loath After th Way.R. a,
Rhett, president tbe People National
bank of Charleston, 8. C: ''Prosperity
has only been coming alowly to this
section of the country. Our textll
manufacturers ar now making splen
did profits, as ar also our lumbar
mills. Our ootton crop and other crop
were planted very economically:; last
year, and brought a price which baa
enabled this section to recover om
of th tremendous losses experienced
in the drop of cotton whloh ns'ud at
the opening of the war.
"On the whole, th south Is Just b
ginning to sbar In th prosperity of
the country, and we feel that it will
share In this prosperity to a muoh
larger degree after the war ceases. We
believe thst foreign trade will consti
tute 'a'larger and larger factor ia our
commerce, and that it ought to be n
couraged as much as possible." ! t :
Gems, $1.6001-86: new crop White, 24X2
per lb.; Gamete, $2.25422.75.
Onions Per cental, California ex-ice hones,
repacked. $1.60; Oregon, repacked, $1.60a
l.hO; Australians, g's.7608; Nevada, 1.0J
1.75; new crop yellow Bermuda a, $101.15;
crystal white, $1.26 on street.
BANK STATEMENTS OP COAST
$ 2.87S.7S8.94 $
Loe- Angelas Bank
Ban XVaaoUe Banks.
DAIRY PRODUCE ON THE COAST
Baa Frasclse Btarkrt,
flan Francisco. May 10.(IJ. P.) Butter
Extra, 24c; prune firsts, 22e! firsts. 23c.
Eggs Extras, 21c; firsts, 20C pullets,
Cheese California fancy. 12e; firsts, 12a.
Los Angeles Market,
to Angeles. Cel.. Msy 10. (P. M. S )
KaraaCase count. 21c.
nutter Freeh extra, 98a.
Various Wheat Market.
Liverpool Cash wheat nnchanged.
London Cargoes oa peerage teadr.
Buenos Aires Wheat to le lower.
Kansas City Cash wheat la higher.
8t Louis Cask wbeat firm end unchanged.
Inspector Asks for Auto or Help.
Dr. E. E, Chase, chief meat inspector
for the city, wanta an automobll to
us In his meat Inspection work. In
a letter to the council he says h must
have either an automobile or Dior
help. II now ha two assistants. Th
council took th matter under edvlse-ment.
Overbeck & Cooke Co.
Stoeka. aoada. Cotton, Orals, Bit, .'
Iia.217 Board of Trad BnildtCg.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
Sdm bars Chicago Board of Trad,-
Correspondenc of Logan at Bryan.
Chtcajro. N'vsv York.
San Tranoiao Market.
San rranelaco. May M. (U. P.) Potatoes .it
I'er cental, uenaa, ex-wnarr, ordinary, xix
1.85 per hundred, with Nn. 2 stork 50 60c;
do. Sfclmas, $1.40(81.60: Oregon fsncy, $2.00
2.16: Idaho Gems, $2.; Washington Netted
San Francisco Grain Market.
San Francisco, May. 10. Barley calls:
May 10. May .
Open. Close. Close.
May 127B 132A 130
December 134B 136A 134
Spot quotations: Wbest Walla Walla.
$1.7001.72: red RusRian. 1.67? 1.7t;
turkey red, $1.771.82; bluestem $1 .87
Barley Peed, $1.35; brewing, $14631.40.
Oats White. $1.42 1.4.1.
Bran $2324; middiinga $30tg31; abort.
10,000 LIVE HENS
WANTED ! 1 7c LB.
HO COBTMZSSXOaT DESUOTXB.
Checks by return. maiL Don't Inquired
, DUIU SI SUCK -
THE SAVINAR CD.
Every dollar honestly and ln
a telligently expended for road
II purposes and permanent im
II, provements, whieh are properly
If and continuously maintained
B will yield Inestimable returns.
Every dollar spent for .tempo
rary patcrung up- 01 oia reads is
a tax and a sheer loss. This Is
the difference between a tax for
roads and an Investment for
roads. Th permanency of a
road means it is serviceable
every day la Ue year without
recrard to wind or j weather, time,
coat or schedule if hard sur
Warren Brothers Company,
Journal Bldg.. Portland., Or.
Dedication of i the Columbia I
Highway Juna V will b a big I
- - event . f. i I
FIRE, THEFT OR
are -the causes of loss
when money is hidden
away. Deposited here,
such risk is avoided,
and 'a small pocket
check book makes 2ll
funds available for
your use at any time.
Does safety and con
venience appeal to you ?
If so, open a checking
Third and Qak SU.
STATEMENT OF CONDITION
The Bank of California National Association
Including its'Branche in Portland, Seattle, Taconaa and Virginia City
At Close of Business May 1, 1916.
Loans and Discounts 135,099,185.11
Bank Premises (San Francisco tnd Branches) 1,179,612.S9
Other Real Estate
Customers' Liability under Letters of Credit
Sundry Bonds and Stocks
United States Bonds to secure Circulation
Other United States Bonds . . .
Redemption Fund with United States Treasurer
Cash and Sight Exchange
Capital Paid in Gold Coin 8,500,000.00
Surplus ancPUndivlded Profits 8,193,579.15
Letters of Credit 6,097,026.66
, 72,567,9 52.91
Corner Third and Stark Streets
J. T. BURTCHAELL,
Asst. Managtr. ;
WA!. A. MACRAE,
j fapitai ana surplus '
$2,000,000.00 . ,
) Market Your Stock Through
Seattle Union Stock Yards
V . Best Market in Northweit ) J
Prices. 15c f.o 25c higher than any other market on
the Pacific Coast, because) it is the only yard in: the t
United States not controlled by the trust. It is dearly-;
taYOUT interest to natronizA fru rnmnotitinn. ;''' ,- "3 '
807-309 etark St
j " "V T