a w - - r
CALIFORNIA BLUFF OF FRUIT CONDEMNATION TO BE CALLED nSirt
un ft x. laxcnange
SCRAMB
LE
I
DAI
PRODUC
THE
T IS
Y
CAUSE OF STRENGTH
Country Batter Demand T tin.
!
. usually Brisk, With Prices Ab
; normal Creamerr Situation Is
5: 'The great Krioblt for dairy bnttr re
cently, which has forced valnes here to the
Highest price In jesrs, baa been caused ly
toe , vary liberal demand from outald uolnta
fee tbla product. Within a few cent cf the
pries of the very 'beat creamery butttr baa
been paid for the-dairy product, a condition
nost timiMiial
In tbla great scramble for tbe dairy product,
'butter tntereata here profess to nee a continu
ation of extreme Taluea for the creamery
'product.
'- The fact la that despite tbe nurccsi cf
the "flush" run of milk, butter prK-ea are
at tbla time holding within a mere frnctlon
of the extreme level. This same condition
la shown t practically all American market
center, Indicating: that the season la late
everywhere and that the outlook for cheap
storage batter la not good.
The price of butter baa been unaeaaonably
Blfh la tbe tern and middle went market,
in fact, tn unusual supply of Pacific cant
butter baa been aent east thla aeaaon. Below
'the present price here tbe surplus of butter
eonJs-easily be moved to the east, therefore
tbe outlook la seeminajy for ateadv vjluee
Within tbe Immediate future.
rtlTTVAnvil f'll'flPlfiurpn t
, Small ablpmenta of California cauliflower
r reported In by the local trade. Malta are
tbewo at $1.2."j(U1.K per crate. These Con
tain from 12 to 13 head generally.
SMALL SHIPMENT PKACIIFS
A a mall shipment of peaches from Callfr.r
nla, the flrat real good stuff from there this
aeaaon, haa mRde lta appearance tn the lorul
trade. Tbe itock wua of the Alexander va
riety and wit quoted at $2.25 a crat of
four baaketa.
CANTALOUPES ItEMAI.Y HIGH
A carload of mixed cantaloup and toma
toea came In from tbe aouth during the riiy.
Eltreme price were demanded fr tbe rants
nd wlilS- the quality wua excellent, ttalo wua
flow. Toinatoea were greeu.
CAMJiEl PIXKAri'LE ItlSKS
further general ri la ahfwIiiK In tbe
price of canned pineapple. One leading packer
ha withdrawn price on 2a hnt baa advanced
quotations on 2A I Iced about 15 per cent.
CANNED SALMON SPJLLLVC.
Since opening price were announced at lat
year'a prlcea on Columbia river aprlng pack
Chinook, while aome other pack are likely
w B" 'u". men urro a iNillcrauia 1U-
creaae of order from tbe east and aouth.
Strawberries, Gome
In a Better Supply
Market Is Slightly Lower, With
Small Increase in Offerings
Along Street.
Strawberry reeeipta from Willamette Talley
point were aome who t more liberal In tbe
local wholeaale trade for tha day. There waa
also an Improvement In the quality of offer
ings. At the atart of tbe day' trading aome
of the eitra good stuff wa quoted as high
aa $3 In a limited way but for ordinary qual
ity the market In general ruled around $2.50
with a sprinkling of business at $2.75 and
aome poor atufl below the lower price.
While receipts of berrlea are still compara
tively amall, considering the lateness of tbe
aeaaon, the extreme prices demanded bave
curtailed the demaud. For that reason It doe
not take a very liberal aupply to affect the
price on Ita downward course. Weather con
ditions are a factor agalnat the prices aa
well a a tbe supply.
Stock that baa been coming from Columbia
river sections Is tot really aa good looking
stuff aa tbe local growth.
peisture of about 48 degrees; northeast to
SKkauet 38 degreea; southeast to Boise, 34 de
grees; south to Ashland, 44 degrees. Mini
mum temperature at Portland toulght about
4b degrees.
DAIRY
EXCHANGE
SALES
Ercept in creamery butter trading on tbe
exchange was light today, and even in thla
product there was not great activity. Tbe
attendance of members waa good, but no ac
tive buying ipirlt was manifested. Sales were:
BUTTER.
BO cubes prime first, 25 c
85 cubes prime first, 23C.
40 cubes extras, 2oVdc.
60 cubes extras, 25c 1
la cube extra. 25c.
13 cubes extras, 25c.
CUKESE.
25 cases Tillamook, lttfec.
S esses Tillamook, lflVc.
2i canes triplet, 14VJc.
00 catea triplets, He.
EGOS.
C0 cases current receipts, 2ZC.
'Zo cases receipt, 2:ilc.
2." cases current receipts, 23c.
2.1 caes current receipts, 2JVjC.
There were no offerings of dairy butter or
poLltry .
VI
NORTHWEST STATES
L RETALIATE IF
CALIFORNIA PERSISTS
Determination of Southern State
to Cut Out Products That Inter
fere With Native Son Product Is
of Interest Here.
The threat of California Interests to con
demn Oregon and Washington apples this aea
aon, newa of which waa published In The
Journal Sunday, baa created much Interest In
tbe local trade aa well aa In tbe Taclflc
northweat generally.
The trade points to the fact that California
haa been the moat persistent violator of the
lsws of good marketing and that tbe trade
here aa well as elsewhere haa accepted stock
from there that abould have been condemned.
Tbla applies alike to fruit and vegetables.
agitation In the northwest against tbe
Tbi
POTATOES ALONG THE COAST
Seattle Market.
Feattle. Wsb., May '). iV. P.) On.'ona
Oregon. 2ri(2v; Yakima, IVjC.
Potatoes White Klver. $2S(H30: Yakima
Durbunks, .U a :t ; Yuklma gem. $34334.
San Francisco Market.
San Frond'co, Cal.. May ai V. P.) Pota
toes Delta (old crop). gl.IWtil.M) per cental;
ditto netted gems, $1.7J; Oregon Burbanks,
S 1 .70fi 1 .Hfi ; new crop white, 22Hc per
pound; ditto lH-mocrats, 2(i2?ci ditto gar
ueta, 2Vjffl:ic.
Onions Australian, J2.503 per crate; new
crop red, $1. lo'i 1.3o per sack on the wharf,
11.054(1.75 ou the street.
DAIRY PRODUCE ON THE COAST
Green and wax beans lower at 10c pound.
Tralnload of bananas left Bllllnss Sunday
nornlng; due here Wednesday.
I'eaa are firmer and higher with limited
anoDllea.
Carload Florida tomatoea In; aelllnr at S5
for repacked.
Chicken market abows signs of weakness
as atari ox irsaing.
SHIPPERS' WEATHER NOTICE
I Weather bureau advlaes:
I Protect shipments during the next 4S hours
Via far north aa Beat tie sgalnxt minimum tem-
Seattle Market.
Seattle, Wnh.. May 29 IT. P.) Butter
Native Washington creamery, brick, 28c;
Washington creamery solid psck, 28c.
Cheese Oregon triplets, 17c; Wisconsin trip
lets, 19c; Wisconsin twins, 19c; Young
Americs, 22c.
Kegs Select rsnch, 28e.
San Francisco Market.
San Prsnelsco, Cel., May 29. (TJ. P.)
Butter ljUras. 25c; prime firsts. 24c;
firsts, 21c.
Eggs -Kxtras, 24V&c; firsts, 23e; pullets, 22c.
Cheese California fancy, 18c; firsts, 18c.
Los Ancsles Market.
Loa Angeles. May 29. (P. N. S.) Bgga
Case count, 20c.
Butter Fresh, extra, 27c.
gTRANSPORWION
ASTORIA
nd way landlnajs
Str. Harvest Queen
From Ah St dock S r. m. dall?"
except Sunday. Returns from
. Astoria 7 a. m.. exo ji Sunday,
0.-W. R. P.&N. CO.
Broadway 4500. A-6121.
CITY TICKET OFriCE
Waahlngton a'. Third
Alaska
Ketchikan. Wrangell,
Petersburfr. Juneau,
Douglas, 11 alnes,
Skagway Nome and
St. Michael.
California
fria Seattle or baa rranolaco to Los
ngelea ana bin uiego.
rge, commodious passenger steamers. Ion
raiea, inciuaina wria ua uivais.
Full partlculara apply or telephor.6
Ticket Office. 349 Waahlnrton St.
Main 399. Home, A-2293
San Francisco
Los Angeles
(Without Change jgn Boute)
The Blgr fie
Clean,
$14
i
Comfortable),
Elegantly Appointed
SEA-OOINf STEAMSHIP
BEAVER
Salla From Alnaworth Bock
3 P. M June 3.
100 Golden Mile on
Columbia River,
All Kates Include
Bertha and Meala
Table and Service
Unexcelled.
The San Francisco ft Portland S. .
Co.. Third and Washington Streets
(with O-W. X. ft K. Co.) Tel. Broad
way 4500. A -6131.
Importation of tuber moth potatoes from Call
fcrnla la atlU too recent for the trade here
ty bave forgotten. Tbe Oregon and Washing
ton potato lnduatry was placed In danger of
being ruined by tbe Importation of the Cali
fornia Infected stock but beyond tbe con
demnation of a few small lots, no trouble was
experienced by California In entering this mar
ket. In fact samples of tbe tuber moth were
secured In potatoes that had been sold upon
the open market here.
While local Interests are by no mean mak
ing threats agtlnif California, aome of the
leaders assert that If California proposes to
ifcut out from thst state'a market the prod
ucts of the northwest, then the northweat w"TTl
follow suit against all California product.
The fact that California ships to the north
weat many times as much fruit and other
produce4 as tbe northwest ships to the south
In believed to be sufflcent cause to force the
southern Interests about going slow In dis
criminating against anything that competes
with the so-called "Dative eon" product.
lerican-Hawaiian Steamship Co
All sailings between
U. S. Atlantic and
U. S. Pacific ports
are canceled until
further notice.
X). Kennedy . Agt.. 110 Stark St.. Portland.
in
Dalles - Columbia Line
Operating
rs.J. N.Teal and Twin Cities
ortland to Upper Columbia and Snake
ver polnta." l.v. fortiana about every
xour aaya.
OX X1TTOBMATZON CAX.X. TATZ.OB
rt, DOCK. MAI9 913. A-7713.
piRALACE5R4fjr
Portland $20.00 1?,
San Francisco $17.50) extxas
(30 Hours)
Tourist, $15 and $13.60; 3rd claatj, $8.
MEALS ANU 1NCLUUKD
S. S. Norlhern Pacific
Steamer Express leaves North Bank
Station 9 A. M.
MAT 18. 23, 87.
From Ban Francisco May 20, 25, 80.
Ballings both ways Tuesdays, Thurs
days, Saturdays, beginning; Juns 1.
Through sleeping; car service between
Fiavel and Vancouver B. C, and Se
attle, beginning June 1.
TICXET OFFICE. 5TB AST) STABX.
Phones Broadway 920. A-C671.
NEWEST AND MOST LUXURIOUS SERVICE TO
ALAS
KA
S. S. "Prince Rupert" and S. S. "Prince George"
Steel, Twin Screw, Oil Burners
ALL OUTSIDE TWO - BERTH ROOMS
Leave Seattle Every Monday 13 o' Clock Midnight
. Via (Ketchikan, Wrangell, Juneau and
JufSa R-"Xb.'cX Skagway, Connecting With White
Fof ( Pass and Yukon Railway.
Steamers Connect at PRINCE RUPERT. with
GRAND TRUNK PACIFIC RAILWAY
For Prince George, Edmonton, Winnipeg, St Paul.
Chicago, Detroit Buffalo, Toronto, lVontreai,
Boston, New York and all poinst east via
Vt .CANADIAN ROCKIES
Electric Lighted Standard and Tourist Sleepers, Dining and Observation
),..:,,,,,: f ai ui vaia
. Cily. Ticket Office, 116 Third St. . Phone Marshall 1979
pvK2K,T a. aiyuiM,.v r. . ; j. ti, bukuis, c a. p. d.
Valley Wool Is Now
Quoted at 34 Cents
On. of th( lparlina; lorsl buyers annoanra
during the day that he would rsy the following
prl-ea for wool:
Willamette valley, medium and coarse, 23
2H4c.
KfLHtern Qrppon, tnedium and coarwe. 2i'7t30c.
KHstera Orvgfjo, fine and fine medium. IS
2.V.
The firm announces that for burry wool 5c
lens would be paid, and for timber stained 2c
less per pound.
For mohair the firm quotes good long, sta
ple, Oregon and Washington at o.V-; good
short staple Oregon, California and Washing
ton, 28c, snd burry mohair 20c a pound.
These prlreg are for delivery at Portland.
Wool thaaTMs damp and full of tags will not
receive the prices noted.
JOBBING PIUCE.S OP PORTLAND
Cereal TrMe Is
Weaker Everywhere
Chicago and IJyerpoolDovrn Dur
ing Early Trading Little
Doing in Northwest.
NORTTTWT5ST GRAIN RECEIPTS.
Cars
Portland, Mon.. 46
1 ear ago 44
Season to date. 10.231
Year ago 16,030
Tscoma, Sat.... 8
Year ago. ...... 34
Season to date. 6,868
Year ago 8,934
Seattle, Sat 14
Year ago. 27
Beasoo to date. 7.745
Year ago 7,723
Barley. Fir. Oata. Day.
10 0 10
3 2 J 12
1516 1822 1037 2725
1897 I860 19(52 2019
4 .... 4 2
8 .... 3 7
619 .... E97 2323
591 650 2059
5 0 5 4
7 8 11 10
1273 2054 1047 4214
1087 298 1222 3574
The cereal trade ot the world was sgsln
weaker for tbe day. In tbe Chicago market
the early trading waa under pressure with
price losses for tbe options.
Liverpool market for wheat waa weak with
Manltobaa and winters under extreme nrcasure
of large ablpmenta. Spot wheat ruled Id to
2d lower than Saturday.
Seemingly the weak kneed farmers hsve
about jold their wheat supplies at Pacific
northwest pointa. While there is free offering
of wheat In tbe Interior by growers, they are
demanding better prlcea than the prevailing
market will atand.
Oata business Is confined entirely to tbe
local territory with Interior buying continued
at former prlcea.
Grain bag market remalna very dull with
oo general change in either the price or out
look. FLOUR Selling price: Patent. $5.20; W!l
lamett valley, S4.90; local atralgbt. $.6v
5.00; bakers' local. $4.305.20; Moutana spring
v.beat, SS.10; exports, -sW.50to4.70: whole
wheat, $0.65; graham, $5.4U- rye flour, fi 95
per barrel.
HAY Buying price: Willamette valley tim
othy fanoy $20; eastern Oregon Idaho fancy
timothy, $21ft22; alfalfa, 21Q22; vetch and
oats. X18; clover. J(i.
CHAIN SACKS 1916 nominal No. 1 Calcut
ta lac, in carkits; less amounts are higher.
ROLLED OATS $6.50(6.75 per barrel.
KOLLED BARLEY $31.5O: 50 per ton.
With a holiday on Tuesday iu all American
grain markets and with Chicago lower, prices
lor May delivery on the Portland Merchants
Exchange abowed a loss of lc to 3c a bushel
fol wheat during the day.
May oats were down 25c a ton and tha
nominal bid for barley was off $1.25 a ton.
Merchants Exchange May prlcea:
WHEAT.
Monday
Bid. Ask.
Bluestem 98
Eortyfold 90
Club MJJ
ReJ fife 8.S
iUd Russian .... fvi
OATS.
Feed 2000 2675
BARLEY.
Feed lit)
MILLSTCFFS.
Bran 24i 2T.00
Shorta 2725 2S50
Futures were quoted:
WU1?AT.
-Tuesday-
Bid.
101
91
l
bO
90
2625
2750
240
2725
Ask.
104
267:
250Q
2V.0
HOG MARKET SHOWS
WEAKER TONE WITH
!E
SHARP
PRH
0
North Portland Down Abont
Quarter for Day, With Losses at i n W "r . 't ?
Practically All Points Califor
nia Cattle Are Bough.
EOGS SEIX TTP TO $8.85.
Whi the. reraraJ tfia for hnp was via ikwa
$8.658.7S, the bulk of the good stuff rta
at this imh; there were aome salea at Hortli
New Tork, May 29. (I. N. 8.) An Irregu
lar market with extremely bearish tendencies
waa ths faarure oaVtke stecls-steaxnge eadayv
The downward trend affected nearly every
stock except Reading, which after opening
lightly over the cloe, gained a point and a
fraction, selling at 101 ,ad) then declining
t 101. Bat on the wholt the market was
very bearish, partly because of the coming
holiday and partly because of the constant
ecrly peace reports.
Tbe approaching Bepabllcaa national con
vention 11 also given aa reason for the un
steady market. Industrial Alcohol, which baa
been the moat active stock ef the special
ties for some time, la toe subject ot much
liquor
stand will be taken at one or all tb.ee of
tbe big conventions. )
Tbe rails are expected to take the lead
again after tbe holiday.
Range of New York prlcea furnished by
Overbeck & Cooke company, 216-217 Board of
Trade building:
Inscription
Portland ajvund $S.808.8& where the freight
rate waa favorable.
PORTLAND LIVESTOCK RTJN.
Roga. Cattle. Calvea. Sheep.
Monday . .
Saturday .
Friday ...
Thursday
Wednesday
Tuesday .
Week ago
Year ago .
Two years ago
..4&00
.. 251
.. 498
.. 864
.. 552
.. 373
..2789
..1976
..2001
Three years ago. ..1681
404
6
84
65
502
98
696
881
875
404
9
3
20
8
132a
Alaska Gold.......
Allis Chalmers, c. .
20
11
2
14
2G
Allis Chalmers, nfd
American Beet Sugar. .
American Can, e
American Can, pfd....
American Car Fuy.. e.
American Cottnn (til. r
ov American Loco., c. . . .
ir22 American Smelter, e...
567 , American Smelter, pfd.
1049 American Sugar, c. . . .
90 American Tel. tc Tel..
0; i American Woolen, c. . .
1175
8891
509
There waa an extreme run with eitreme
weakneta in the hog division of tbe North
Portland market at tbe start of the week'a
trade. First of all to force the more bearish
price situation was the announcement of a
total run of 4900 bead compared with 2789
head last Monday and 1978 head a year ago.
While a amall amount of business waa done
early in the day at $8.85, killers here were
not generally bidding above $8.658.75, a
sheer decline of, 25c per hundred pounds from
previous prices. While It is quite posMble
that some small lots would bring above these
figures later, still the general market waa
weak and depressed at the quotations noted.
General hog market range:
Choice light weights, nominal $8.75(38. S5
Good light weights 8.00Ca8.TO
Medium weights 8.4O8.50
Roush and heavy 8.00(38.25
California Cattle Bteady.
Eleven loads of California cattle came for
ward for the Initial market of the week at
North Portland. Most of the stuff, while fat.
was rough and coarse and for that reason did
not meet with extreme favor among buyers.
In general tbe cattle market was considered
Just about eteady around prevlona quotations.
(general cattle market range:
. .$8.50
.50?
Open Higu Low Hoiw
These prices are tboae at wblf-b wholesalers
aell to retailers,, except as otherwise stated:
Dairy Produce.
BUTTER Prlnta, extras. 29c; prime, flrsta,
27c; firsts, 20U,c; dairy, 21(g21Vic.
BL'TTEKFAT fortland delivery No. 1
sour cream, 27c; No. 2, 25c.
EGGS Selling price by dealers unsettled,
delivery extra: Selected fresh, 25c dos. ; esse
count, buying price, Oregon-ranch, 23i254e.
LIVE 1'OLLTRY Hmi, beavy, IMjmouth
Kock, 16c; ordinary chickens, 15VjC per lb.;
stags, 12c; broilers, 25c; turkeys, 18821c;
dressed, fancy, 26&27c; culls, 1720c; pig
eons, ai.(Ktol.25; squabs, $1.20 doxen; gene,
live, 10BlLc; 1'ekln ducks, old, 16c lb.; young
and beavy, 17c; Indian Runners, 14c lb.
CHEESE Selling price: Fresh Oregon fancy
fur cream twins snd triplets. 16(gldVc lb.;
Young Amerira, 1717;. i'rice to Jobbers:
Tlats, 15c; Young America, 16c. f. o. h.;
cream brick. 22c; dmberger. 23c; Wisconsin
wheel, 8-4irtc; block Swiss. 30c.
Fruits and Vegetables.
FRESH FRUITS Oraugea. fancy navel.
$2.uoi3.25; bananas, 5c lb.; lemons. $3.O0U
4.25 box; grapefruit. Florida. $4.50(5.25 cane;
pineapples, 6vj&tic .L.; pears, $1.5u2.00.
Cantaloupe, $4.ooij5.00 crate.
BERRIES Strawberries, Oregon, $2 SOiQ
$2.70; gooseberries, 4c lb.
AFFLES Local, sue gi. 1.30 per box, accord
ing to quality.
ONIONS No. 1, $1.75 per cental; No. 2.
$1.25(tl-5U; garlic, L2fec; new onions, (1.75
(2J2.00 crate.
POTATOES Selling price: Local, $1.50
1.75; buying price, $1.2o(ftl.50 per cental;
new California, 3?4(&3Vsc lb.
VEGETABLES Turnips, $2 aack; carrots,
$2 per sack; parsnips, $1.00 sack; cabbage,
$3.00 per cwt.; green oniona, 25e doxea
buncbea; peppera, L kirida, 25c dozen; head
ktluce, Calitoruia, $2.00 per crate; celery,
rlorlda, $3.50; cauliflower, "local, ) per
doxeu; French artichokes, 75c; asparagus,
local. $1.25fll.50 doxeu buncbea; hothouse
cucumbers, $1.00(1.25 doxen; tomatoes
Florida, 5; Mexicau, 24i2.50; egg plant, 20c
lb.; string beans, wc lb.; spinach, fl per box;
rhubarb, 1HC per lb.; peas, U(g9ic lb.
Masts, Flan and Revisions.
I RESSEU MEA1S belling price: Country
killed taucy bogs. ll7illv, poor, SlOt lb ;
fancy veau. 11c; orolnary, al(X-, goats
3(tf,5c lb; spring )luu. 17c lb.: mutUin.
10c lb.
HAMS, BACON. ETC. llimi, 19S22HC lb.;
breakfast bacon, li'(n-10c lb.; boiHd bams,
BOc lb.; picnic, 13c; vuttage roll, 45iic; Ore
gon exports. iSlUloWc per lb.
OYSTERS Oly nip la. per gallon, f3; canned
eastern, 56c csu, 6.5U ioaen; eastern In shell.
$1.K per 100; raaor clams, J2c doseu; east
ern oysters, per gallon, solid pack, 3. a
F1SH--Ureased tiounders, Jc; chinook sal
mon, llttlZc; perch. 7isc lb.; lobsters, 25c;
silver auielt, be, salmon trout, 12c" lb -halibut,
410c lb.; torn cod, 7c; black baas'
Vac lb.; siiad, ureaaed, KB,4c lb.; aturgeon'
13c.
CRABS Larae. $1.75; medium, $1.25 do sen
LAUD Tierces, ketUe rrndered. 14c;
aUndaxd, lac.
Groceries.
SUGAR Cube, $9.2o; powdered, $8.95: fruit
or berry, $8. 45; Honolulu. $8.40; beet, $8.25;
dry granulated, $4.4o; L yellow, ?Jj5 (Above
uiictattous are 3U daa net cash.)
HONEY New. xj.254j3.5o per caae.
RICK Japun style. No. 2. 4c; New Or
leans bead, 5fettttc; blue rose, 5Hc
SALT CoarsB, hslf grounds, Jooii, 10.50 per
ton; Sos, 11.3U; table dairy, 5os, (ld.otl; lOos,
$10.50; bales. 25; lump rock, 2u per ton.
BEANS Small white, $S.ilo; large white
$8.10; pink, $6.25; Umaa, 0.I5; bayou, $6.25;
red, $0 50.
Hope, Wool and Hides.
HOPS Nominal, baying price, 1915 crop,
choice, lie lb.; prime, lot; medium to- prime,
tdjuc lb.
WOOL Nominal, 1916 clip; Willamette val
ley, coarse -Cotswold, 3514131c; -medium Shrop
shire, 84tt35c; fine, 32yv33c; eastern Oregon,
lWSi30c.
HIDES Salted hidea (25 pounds and .ip),
16c, aalted slugs (50 lbs. and up), 12c; salted
kip (15 lbs. to 25 lba. ), 17c; salted calf (up to
15 lba.), 23(i24c; greeu hidea (25 lbs. and
op), 14 Vic; green Mags (5o lb, arid up).
lW7c; green kip (15 lba. to 25 lbs.), 17c; green
can (up io io iub). -o'ii.iic; air mm hides,
2&4i2ue; dry flint calf (up to 7 Ids.), 31c; ury
salt hides. 23c; dry horsehldes. each, (lkll-;
salt horsebides, each, $2.00&3.50; borsehiuoM,
2sc; dry long wool pelta, 20c; dry short wooi
pelu, 12c; dry sheep shearlings, each, 104Q25c;
aalted sheep aberitugs, eacu. 15m 25c: dry
goats,, long hair, lc; dry got, ahearlings,
each, 102Oc; aalted long wool pelts, $1 50
HJ2.50.
TALLOW No. 1, 8c: No. 2, 7c; grease 7c
CH1TTIM OR CASCARA BARK Baying
prices, per csr lots, 4Vbc; less than car lota. 4c.
MOHAIR 1916. 85c lb.
Bainta and Oils.
COAL OIL Water white. In. drums and iron
barrels, Kic.
LINSEED OIL Raw, bbla., 87e gallon; ket
tle boiled, bbls., 89c; raw, -case, "92c; boiled,
caae, U4c gal.; lota of 250 gallon lc lea.
TURPEwNTlxNL Tanka, lc; cases, toe gai
km. WHITE LEAD Ton lota. 10c lb.; 500 lb
lota, lie; less lots. 11 Vic per lb.
OIL MEAL Carload lota, $34; leas than car
lota, $35.50.
GASOLINE Basis price. 19 He per gallon.
San Francisco Grain Market.
San Francisco, Hay 20. Barley calla:
May 29- - Hay 27
Open. Close. Close.
December 138B 184HB l.!SB
Spot quotationa Wheat Walla Walla,
$1.67 1.70: -red Rusaian, $l.fl7ei.70r Tur
key red, $i.78(81.83Va) bluestem, $1.87Via
'Feed barley, $1.30(212; brewing, $1.35
. ft 1.40. . .
White cett, fl.BZHQIJiS: brsn, $27228;
glddllnga, $3233; aortas $303U ;
- ? -f- -- "C-iT". -
' ' ; -f --'.'':tW:'-:---
TrVti.- .. ? .-' ;:, -. .
Jnne bluostem
July bluentem
June fortyfold
July .rty fold
June club
July club
June red fife
July red fife
June KusMari
July Uutisiau
FEED OATS.
Jnne
July ...
June
July
Jnne bran . .
July bran ..
June xhorts
July shorts
FEED BARLEY.
M1LLSTLKE3.
Bid.
,. 98
, . 9S
, . wi
. . t)
. . h.H
..
. . 88
. . KS
. . m
.. 88
. .2X)
. . 2600
. .2750
-.2700
. .2400
. .24t0
. .2750
..2750
Ark.
100
li
IU
91
9.i
!;i
92
92
2I.T75
2175
2S5o
2S."0
2500
2500
2S50
2850
AMERICAN LIVESTOCK PRICES
Chicago Hogs $9. SO,
Chicago, May 29. (I. N. S. ) Hogs Re
ceipts 12,000. dull, generally 10c under Sat
urdays average. Bulk. $9.55S).70; light,
$9.10(39.66; mixed. $9.30(39.75; heavy, .20
(&9.M); Soinrb. $9.2069.35; pigs, $7.259.10.
Cattle Receipts 22.O00. weak. Native leef
cattle, $S.20!glO.fi5; western steers, $8.00'(t
9.40; stackers and feeders, $J(g8.90; cows
and belters. $4.50,9.65; calves. $811.
Sbeep Receipts 23.(XK), weak. Wethers
(shorn), $7(8.35; lambs (shorn), $8(310.65;
iprlngs, $9 12.
St Louis Hogs $9.80.
St. Louis. May 29. (1. N. S.) Hogs Re
ceipt 12,000, lower. Plga and lighta, $7.50(9
9.70; mixed and butchers. t9.504j9.75; good
hesvy, $9.7O9.80; bulk, $9.559.70.
Cattle Receipts 6000, lower. Native beef
steers, $7.5010.50; yearling steers and heif
ers, $8(810; cows, $5.5038li5; atockers and
feeders, $5.508Jk; southern steers, $7.50
9.05J prime yearling steers and beifera, $8.75
10.2o; cowa and betters, $5fr8; prime
southern ateers, $99.50; native calves, $0(U
11.50.
Sheep Reeeipta 6000. lower. Wethers, $7.75
P.25; lambs, $10(12.20; clipped ewea, $7.50
(S8.25; clipped Umba, $9.50al0.75; aprlng
lambs. $1012-
Kansas City Hogs $9.70.
Kansas City. May 29. (I. N. S.) Hogs-Receipts-
15.000. lower. Bulk. $0.40(jj,9.f5;
heavy, $9 .609. 70; packers and butchers, $9.50
68.65; light. $9.359.60; pigs, $S.75'49.25.
Cettle RceipU 14,0"K, lower. ITime fed
ateers. $lO(10.4O; dressed beet steer9. $8.25
9.S0; western steers, $a4010.2; stockeis
snd feeders, $7.258.t5; bulls, $6(ii8; calves,
$0.50(gll.
Sheep Receipt 9000. weak. Lambs, $9.50$
12; yearllrurs, $8.50(311; wethers, $8.25Q
9.50; ewea.'$7.50j.9.
Omaha Eoga $9.45.
Omaha, Neb., May 29. (I. N. S. Hogs
Receipts 7700, lower. Heavy, $u'.2Afatt.45;
light, $0.2O(UU 35; pigs. $89; bulk, $:).25&
J40.
Cattle Reeeipta 6000, slow. Native ateera,
$8.50aT0O; cows and heifers, $79; west
ern steers. $7.509;. Texas steers, $7fe8;
stockcrs and- feeders $7gS.75.
Sheep Receipts 5700. lower. Yearlings, $.8.25
dj.95; wethers, $7.25s.25; lambs. $9(11.
Denver Hoga $9.35.
Denver. May 29 Cattlev-9400, steady to
weak. Beef ateera, $Si&9.50; cowa and heifers,
$0.75(38.10; atocker and feeders. $6.50(28.50;
calves. $10(312.
Hogs Receipts 3600, 2025c lower. Top.
$9.35; bulk. $9. 109.25.
Sheep Receipts aoO: steady. Lambs,
11.50; ewea, $S.508.75; clipped ewes, $7.25
S7.75.
Seattle Hoga $8.85.
Seattle. May 29. (P. N. S.) Hogs Re
ci iHa 1811. slow. Prime lighta. $9.8jt8 !5;
ndium to choice. $8.70(8.75; smooth heavies,
$S.20c8.:i5; rough heavies, $7.20(7.85; pigs,
$7.708.35;
Csttle Reeeipta 26, steady. Best ateera,
$3.75(38.85; medium to choice, $(&. 50; c.im
moc to medium, $0..riO(j7.5O; beat cows, $7y
7.50; common to medium cows. $40.5O; bulbi
$1.50W6.50; calves, $7.50fit8.50.
Sheep Receipts 4. steady. Lambs, $iutf$
10.50; yearlings, $9&9.50; ewea, $7.258.
BANK STATEMENTS OP CO.IST
Aaaconda Mining Co
Atcnison, c ,
Atchison, pfd
Baldwin Loco., c
Baltimore c Ohio, c
Btthlefaem Steel, c
Kethieiiem Steel, nfd..
Brooklyn Rapid Transit
cam. reiroieum, c. ...
Calif. Petroleum, pfd..
Canadian Pacific
Central Leather, c...
Cbesapeake h. Ohio. . . .
Chicago & Gt. W... c...
Chicago, M. St. P....
Chicago at N. W, c...
Cblno Copper
Colorado F. A I., c. ...
Consolidated Gas
Corn Product, c
Corn Products, pfd....
Crucible Steel, c
Crucible Steel, c
D. & R. G.t c
II. k R. (J., pfd
Distillers
EYle, c
Erie. 1st pfd
General Electric
General Motors.......
Goodrich Rubber
Gt. North., ore lands.
Gt. North., pfd
Greene Cananea
Hide k Leather, c
Hide ec Leather, pfd...
Ice Securitiea
Illinois Central
Industrial Alcohol
6.0047.00 , lr.anlr.tlon
Z-fi'fiS ! International Harvester
i 1 Interboro, c
Z-55JI-A2 K. C. Southern, c...
i VX'i 'Za I Lackawanna steel ....
5.50(16.00 i.tnign Valley
Louisville & Nashville.
2.00&2 .,j Mexican Petroleum ...
. Kltaml rvnnee .
M., K. aV f., c
Kenneth Copper
Missouri Pacific
N s tional Lead
Nevada Consolidated .
New Y'ork Central
N. Y., 0. it. W
Norfolk & Western, c.
Northern Pacific
Pennsylvania -Railway.
People Gas
Pittsburg Coal, c
PUtsburg Coal" pfd....
Pleased Steel Car, c...
Railway Steel Spring.
Reading, c
Reading, 1st pfd... .a
Heading. 2nd pfd
Ren. Iron Sc. Steel, c.
Rep. Iron & Steel, pfd
Kock island
Shattuck
Studebaker, c
Studebsker, pfd. ...
S-uthern Pacific . .
Southern Railway, c
Southern Railway, pfd
inn. oopper
Texas Oil
Texas Pacific ...
Union Pacific, e.
Union Pacific ...
C S. Knbber, c
U. 8. Rubber, pfd
U. S. Steel Co., c
U. S. Steel Co., pfd..
Utah Copper
W. V: Telegraph
Westlnghouse Electric.
Wisconsin Central ....
Wool worth
Cigar Mig
22
271a
814
744
56
60H
72VI
112
84'
105
'88
W
87
178
54H
2
97V4
130
524
42
137
19
'83 V4
116
16
20
51
88 4
53 V4
170
76
40H
120H
29
103
157
45
22
27
82
74
56iJ
eo
7S"
98
112
129
105
'89
91
is
178H
04H
63
99
130
62
43
137
20
'8414
117
16
20
51
38
04
170
70
40
121
22
20
81
74
56
46"
72
98
112
129
83
106
88i4
90
29
103H
159 V
45
87
7.007.50 ,
70V4
81
109
tto
54
7
17
106
126
112
67
102
46
41
100
43 ' '
47
111
21
138
100
22
66
12
139
83
56V 58
10910
H5 I 85
117 1117
80l 80'
95j 96
61 62
70
83
109
35:
'64;
"67
17
106
127
114
58
102
46
42
102
43"
47
111
21
139
100 14
22
60
12
139
S3
7014
81
108
844
54
67"
17
105
i26
11214
67
102
46
100
i.V
47
111
20
137
99
Choice hsy-fed steers.
Choice grass steers
Ordinary to common steers
Choice cows
Ordinary to common cows
C holce heifers
Ordinary heifers
Chob-e bulls
(rtxiil to fair bulls
Ordinary to common bulls
Best lijjlit calvs
Good calves
Better Run of Sheep,
A fair Increase In the marketing of sheep
and laniba was shown on the first day of the
week st North Portland. Total offerings were
1326 bead compared with 535 bead last Mon
day and 1175 head this same day a year ago.
General mutton and lamb market conditions
wer about steady st previous prices.
Gf-neral shorn mutton and lamb range:
Select spring lambs $8.509.00
Pest jegrllngs 7.75
Good to common wethers 7.50
Pen ewes 6.75'56.00
Good to common ewes 6.00(35-50
Monday Livestock Shippers,
Hoga C. A. French. Polk, 1 load; Robert
McCrow. Klickitat, Wash., 1 load: A. M.
Prtterson. Wasco. 1 ld: Sam Shaffer. Gar
field. Wash.. 1 load. Earl Davis. 1 load. W.
J. Kummins. 2 loads; Grover Bros, Canyon.
Idaho. 1 load, J. O. Bowkerr 1 I-nrd, W. H.
Ross. 2 loads; J. A. Kelly, Washington, Idaho,
1 load; J. H. Fordyce. Wallows, 3 loads;; J.
W. Chandler, Union, 2 kwrdsr Elgin Forward
ing Co.. Wallowa, 1 load, Al Galbralth, 1 load;
F. S. Bailey, Malheur, 1 load, Grover Broe., 1
load; Charles Howell. Baker, 1 load; F. B.
Johnson. Union, 1 load: J. i). Walter. WaUa
Walla. WaBh., 1 load; R. Errlcksen. Washing
ton. 1 load: A. L. Swagfrert. Umatilla. 1 load,
William Steen. 1 load; William Ruby, Baker.
1 load: Pendleton Meat Co., Umatilla, 1 load;
G. L. Dunning, 1 load; W. W. Couper, Union.
1 load; Lewis, Glrber, Klamath, 1 load; John
A. Kelly. Washington. Idaho, 1 lead; Mike
Dukek. Gilliam, 1 load; Dalles Dressed Meat
Co., Wssco.. 1 load; J. E. Tate, Franklin,
Wash.. 1 load! M. B. Maxon, Lewie, Wasb.,
1 load: Hard & Snodgrass. Linn, 1 load; Har
ry Babbett, Walla Walla. Wash.. 108 head: J.
H. Douglas. 15 bead; T. L. Henderson, Whit
man, Wash 2 loads.
Cattle E. T. Slayton, Crook. 1 load: Pen
dleton Meat Co.. Union, 1 load; J. H. Swing
ler, Merced. Cal.. 2 loads, S. L. Overton. 2
loads; Wlllard Clark, Glenn, Cal., 1 load;
Hearet Estate, San Joaquin. Cal., 6 loads;
Frank Crawford, Gilliam, 1 load; C. D. & F.
M. White. Columbia, 20 head; M. MccGold
rick. Walla Walla, Wash., 11 head.
Sheep William Chamberlain, Gilliam, 2
lords, W. Wagner, Dougla. 2 loads.
Mixed stuff Frank Wann, Marlon. 1 load
cattle and hog's; George J. Dixon, Crook, 1
load cattle, hogs and alieep; Bert Kimball.
n?TZler d- i8H;n ,0wLmIV ",2 Kh88i ! tion In the new crop here and a reduction In
Dickerson & Halley, Washington, Idaho, 3 . 1 . .. . . . .v..
22
81
74
56
110
00
62
72
98
m
112
120
4
84
103
100
s"
91
454
135
88
22
49
179
54
63
13
98
130
52
43
137
1(11."
94
84
11
15
26
60
38
64
170
473
76
40
121
7
8
49
29
103
158
45
112
IS
26
70
83
126
109
85
.4
54
6
6
174
106
27
127
113
57
102
26
102
40
42
102
46
42
47 f
111 J
20
139
108
100
22
Sit
192 -12U
138139VJ
2 S2
55 56
109 109
84 85
117 1117
80 I 80
sTt, 96
61 01
1 38
'135
I 58
177
54
62
97
130
52
42
137
19
82
116
15
25
50
38
6314
170
75
40
120
"8
29
lo3
157
44
ft
12
XoLBl gales, 269.000 aharea.
Many Factors Are
Cause of Decline
Chicago, May 29. (I. J. S.) Large soppliea
and poor demand, assisted by tbe pesce reports,
are sending the grain market down. Tbe
wheat trade 1 wrestling with large stocks of
oli wheat In this country and also In parts
of Europe, with prospect of material redne-
losds cattle and hogs: Farmers' Meat Market,
Wauowa, 1 load came and nogs; m. Madden.
Umatilla. 1 load cattle, calves, bogs and
sheep; W. T. Crow. Morrow, 1 load cattle,
calces and hogs; W. A. Leaper, Douglas, 1
load cattle and bogs.
Monday Morning; Sale.
STEERS.
Ave. Lbs,
Clearings-
Monday . . .
Clearing .
Clearings ..
Bclances . .
Clearinga
Balance . .
Clearings .
Portland Banks.
This Week. Year Ao.
$ 1.550,057.19 $ 1.660,61171
Bah Francisco Banks.
$ 0,977.754.33
Seattle Banks.
$ 2,456 821.00
- 244,76(5. Of
Tacoma Banks.
$ 296.130. 00
17,298.00
Los Angeles Bank.
$3,593,398.00
American Cash Wheat.
St. Louis Caah No. 2 red, $1.10; No. 3 red,
f 1.031.05: No. 3 hard, $1.02(31.O5.
Kansaa City Cash No. 2 hard, $1.02; Nffr
8 hard. 9r4J$l.fW.
Chicago Cash No. 2 red, $1.08; No. 3
red, $1.031.04.
' Minneapolis Cash No. 3 red, $I.19
1.19; No. 1 hard, $lJ5ei.lo; No. 2
northern. $1.094tl.l3.
, Winnipeg No. 1 northern, $1.12; No. 2
northern, $1.06.
No.
23 steers .
22 steers .
23 steers .
23 steers .
21 steers" .
4 steers .
10 steers .
IS sterrj .
10 steers .
1 steer . .
6 steers .
2 steers .
1 steer . .
1 steer . .
7 steers .
- 2 steers .
2o steers .
1 steer . ,
25 steers .
2 tteers .
25 steers .
25 steers .
2 steer ,
8 cows ..
3 cows . .
4 steers .
1 cow
7 cow . ,
6 cows . .
6 cr.ws . . .
3 cows . .
1 cow . . .
1 cow . . ,
1 cow . . .
1 cow . . .
1 cow . . .
1 cow . . ,
1 heifer
3 heifers
1 heifers
2 heifer
1 heifer ..
1 heifer
1 stag ..
2 bulls -1
bull ..'
1 bull ..
1 bull
1 bull
COWS.
HEIFERS.
STACiS.
BULLS.
.1200
. 1020
. .10!W)
. .1059
..1040
. . 897
..1040
..1053
..1126
..1350
. . 804
.. 526
. . b90
.. 730
. . 7S4
. . 750
..10X8
. . 1 d-ct
..1074
. .1125
. .1074
..1059
.. 910
.. 946
. .10TS
. ,1017
. .1150
. . 978
. . 70
. . .'6
. . 923
. . 0
. . 920
. . 790
. . 950
. .1070
..1200
. .1250
. . 840
. . 'W
.. 545
.. 790
. . 4.10
..1300
..1590
. .1310
. .1070
. .120
..1160
the world' acreage. For the present, weather
conditions are the most Important factor.
Northweat crop conditions hsve Improved ma
terially. May corn wa carried to a discount
for the first time in several years because of
the besvy liquidation and traders generally
are bearishly inclined.
Oats drifted along in (ympathy with the
other cereala. Price were all down on to
day' market. Tbe provision market wa down
principally because of tbe packer'a effort
to break hog prlcea by scattered liquidation
Price.
$8.50
8.40
8.25
i ... Ranie of Chicago prices furnished by Over
7? 1 beck & Cooke company, 218-217 Board of Trade
j' ji, , building
7.90 I
7 25 !
8.00 M"T
7 05
X ',y September
COO I
5.00 : May
5.75 ' July
6.75 I September
8.00
i My
J- . July
j September
6 i J7-
I July
$7.25 SeDtembe'
7 no
,S JuU
6i5 September
fl 00
May
July
September
1 bull X90
1 bull 1H0
1 bull 1050
WETHERS.
110
30 wethers
1 wether
15 wethers
15 wethers
1 wether
1 lamb
LAMBS.
70
81
80
70
60
New York Cotton Market,
Open. Hich. Low.
January ....... 1305 1310 1303
March 1322 " 1328 1322
July 1273 12 1271
August ..... 1278 1286 1277
September 1283' 1283 1282
October 1284 1293 1283
December ..... 1301 1310 1300
Close.
1313
1327
1279
124
1288
1290
1307
New Tork -Sugar and Coffee. , :
New Tork. May '29.- Sugar Centrifugal,
$6.02(36.39. . -
Coffee Mew York, spot No. T Rloa, 9e;
No. 4 Sutoa, X0c :.-?, - V .'
HOGS.
l(Xt hogs 188
97 hogs - 197
84 hogs 198
90 bogs 160
87 bog 194
187 bogs 173
92 hogs 155
1 hog , 260
8 hogs 306
1 bog S80
6 bogs - 134
4 bogs 287
.2 hogs 170
2 bogs r.. 445
6 hogs 133
8 hogs ..................... 150
7 hoga ......... ......i...... 132
11 noga 139
.25 hogs 196
V: 4 hogs . X43
CM)
6.50
6.25
4. CO
8.2H
5. CO
&..-)
7.00
$7.50
7.50
6.50
!
7 25
2.50
$C50
$5.00
4.50
5.00
6.00
4:00
4.50
6.00
5.50
$8.25
7.75
7.75
7.75
7.50
$10.25
$S.fe5
s.so
8 sO ,
8.75 I
S.75 !
8.65 1
8.65
8.50
S.25
8.15
8.0O
t.75
7.J5
7.63
7.50
7-50
T.50
7.50
; tua
t.50
WHEAT.
Open. High.
106 107
108 108
loen Kvi
CORN.
68H 70
68 69 H
08 69
OATS.
40 40
40 40
38Mi 3S
PORK.
23O0 2300
2225 2225
2200 2190
LARD.
i2ob 1200
1267 1267
RIBS.
1242
1242 1242
1255 1255
Low.
105
107 yt
108
68
88
89
39
38
2240
2172
2137
1235
1245
1220
1227
Close,
107A
107 TB
108 A
70 A
69 A
69A
89
40H B
88 B
2240A
2185B
2137
1242
1242B
1257
1240
1222
1232
Finance?- Commerce -Industry
National Association of Credit Men Opposed tv Repeal of Bank
ruptcy Law Bat Favor Amendment Ccunrry Banks and In
teres Reduction Banking Legislation Enacted. . ,-
Credit acm rropos Amendment to
Bankruptcy Z.w, FOrty repreBenta-
Uves of as many branches of tha Na
tional Association of Credit Hen met
iaJlQfw York city last week to consider
proposed amendments to the national
bankruptcy law. A representative of
the district attorneys office of New
York and a number of referees in bank
ruptcy also took part kx the confer
ence. Those present agreed that it
would be a calamity to repeal the bank
ruptcy law. The greatest opposition to
the measure comes from the southern
states.
It was agreed that credit men, so
lens used to working under the one na
tional law, would be embarrassed by
trying to conform to a series of state
insolvency statutes. It was declared
that sentiment In congress is favorable
to practical amendments to the law,
but that no movement to repeal the law
would succeed. Among the amend
ments proposed was one to punish
wfrh prison sentences lawyers who at
tempt to drum up business in bank
ruptcy cases, those who may be found
guilty of trying to force men into
bankruptcy, and those who offer to
divide their fees with outsiders.
Amendments are desired to prevent the
present opportunities of debtors to con
ceal assets. It is proposed to put the
burden of proof of concealment on the
debtor. A number of amendments to
tbe rules or the supreme court of the
United States regulating the bank
ruptcy courts were also suggested.
The conference was preliminary to
the report to be made by the commit
tee of the national association at the
national convention to be held In Cin
cinnati next month. An official ex
pression of the sentiment of the na
tional association will be offered at
that time. '
Country Banks and Interest Redac
tion. At more than one group banners
meeting held In this territory recently
the subject vf the reduction of lnter
ebt rates paid on savings accounts has
provoked animated discussion. This
was the case at the meeting f Group
Two at Independence last week. A live
ly discussion was In 'evidence ' soon
after the subject was broached. The
point of view was the personal one,' In
almost all Instances, according to re
ports. Some bankers said they were
receiving 8 per cent interest on many
of their loans, and as long as they were
able to keep up this rate there was no
reason why depositors should not be
paid' 4 per cent. No action by the body
of, bankers was found practical, al
though It was believed, a motion in
fnvor nf the ereneral adoption of a
reduction In Interest rates would have
carried. ,
Banking legislation Enacted by Con
ffr. The president recently signed
two bills affecting national banks. On
Mav 15 he signed the measure which
amends the Interlocking directorate
features of the Clayton act so far as
hank r concerned. A director of a
member bank of the federal reserve
system is now permitted to serve as a
member cf the board of directors of
two other banks or trust companies
when they are not in substantial com
petition with each other. The consent
of the federal reserve board may; fc
obtained In advance of the, election ot
such a director. The second amend
ment was signed by the president on.
May 16. It provides that ths eomp
troller of the currency may deposit in
national banks of the same' city: or
nearby cities the assets of the estates
of Insolvent national banks. He may
require the payment of not less than,.
2 per cent per annum interest on the
funds thus deposited. Formally It vraai
necessary to send all such fund 7 0
the United Stites treasury.
On Version of Financing: rorelra
Bond Issues. According to ths Chi
cago correspondent of the Philadelphia
Ledger, "It is quite pobslble that fur .
ther European Issues will bs placed in
thla country Th corporations '.'.that.
are selling munitions would naturally2
be liberal buyers, and their Influence
would extend to the individual. 'Also
the financial leadership Is highly po
tent. If a house in Chicago refuses -
Morgan's request or command to buy,
an Anglo-French bond today, that
house Is likely not to be invited to
join with Morgan in some particularly"
profitable transaction later on. men
there Is a certain novelty to Invest" r
ment In such securities to many Amer
icans. Jn former years we haul llttl
to do with foreign government Be
curltlea." Valuable By-product of XJoortoe.
A Camden, N. J., concern is using thft
refuse wood of licorice root aa a by-.
product for manufacturing wall board.'
It Is claimed to be better than press
board and thin woods because It has
better fire resisting qualities. Llcorlca,
Is used for flavoring tobacco and for
medicinal purposes. c? ;
Gains In Oola ana Member Deposits.
The combined statement of the fed
eral reserve banks for ths Week ended
May 26, show large increases in gold
reserves and member bank deposits..
The Increase in the total gold reserves
Is 10. million dollars, which Increases
the ratio against net deposits and note
liabilities from 66.4 to 75.8 per cent.
The member banks reserve deposits
show a gain of 13; million dollars.
This gives an Increase In totaj re
sources of 17 million dollars. Few
changes are noted in the earning e
sets of the banks. The capital paid
In shows Increase of $6000, an indi
cation of a new bank in the system.
The principal Items in ths weeks
statement now show:
Total gold reserves 1287,189,000
bills discounted and bought 73,078.009
u. o. uonus
One year U. S. treasury
notes
Municipal warrants
Total earning assets
Federal reserve notes, net.
Capital paid In
Government deposits
Member bank deposits....
61,942,000.
1,840,000
44.946.00-
178,801,009
26,488,001
64.87t,00i
44,181,009
476,680,000
Total resources
.8685.SS0.00O
LAS! CENSUS SHOWS
GREAT GAIN MADE IN
STATE MANUFACT
URES
Summary Shows Growth Per
centage Much Bigger Than
. That of Population,
Washington, May 29. The popula
tion of Oregon at the census of 1910
was 672,765, and It is estimated that It
was 783,000 on July 1, 1914.
A summary of the census of manu
factures for the state shows a consist
ent Increase for the census of 1914, as
compared with that for 1909. In the
ordr of their importance, from a per
centage) standpoint, the several items
rank as follows: Capital, 66.6 per cent;
salaries, 40.4 per cent; salaried em
ployes, 27.6 per cent; primary horse
power, 25.8 per cent; cost of materials,
25.1 per cent; -value ot products, 18 per
cent; value added by manufacture, 9.6
per cent; wages, 5.2 per cent; number
of establishments, 3.3 per cent; and
wage earners, 0.8 per cent.
The capital invested, as reported In
1914, was $139,600,000. a gain of
$50,418,000, or 66.6 per cent, over
8E9.082.000 In 1909. The average capi
tal per establishment was approximate
ly $60,000 in 1914 and $40,000 In 1909.
Increase In Product.
The cost of materials used was $68,-
258,000 In 1914, as against $50,662,000
In 1909, an lacrease of 812,706.000, or
5.1 per cent, rne average cost ot
materials per establishment was ap
proximately $27,000 in 1914, and $23,-
000 in 1909.
The value of products was $109,762.-
000 In 1914, and $93,005,000 In 1909, ths
Increase being $16,767,000, or 18 per
cent The average per establishment
was approximately $47,000 in 1914 and
41.000 In 1900.
Tbe value added, by manufacture
represents the difference between the
cost of materials used and the value
of the products manufactured from
them. The value added by manufact-
Foreign Wheat Markets'.
Liverpool Cash wheat Id to 2d lower.
Buenos Aires Cash wheat lV&c to 2c Llghcr.
S bogs 320 8.2S
11 hoga &8 7.75
80 bog 170 c.7&
52 boss 170 8.65
3 bo3s 134 T.bO
2 boars 30S S.15
5 hogs 88 7.5
2 hoga 87S 7. HO
18 bog 223 8.S0
4H hofi 227 8.80
1 hog 840 6.50
23 hog 204 8.X0
2 bogs S65 7 t0
2. hog 285 8.75
6 hoga J 203 8.75
90 hog 189 8.80
9 bog 140 7.30
1 hog 425 7.70
3 hoga - 800 8.00
9 bogs 831 8.75
lOT bogs 191 8.7
78 bogs 170 8.00
14 boga 232 7.79
10 bog 129 7.50
78 bogs . 193 8.80
6 bog 401 7.80
102 bogs 18 8 .80
1 boa: 410 7.75
90 bog 203 8.75
83 bon 200 8.73
1 tw 890 T.75
1 hog 430 7.73
PORTLAND. FIRE RECORD
" Sunday.
5:03 p. m.,":l77 Vista avenue, burn
lng flue, slight damage.
7:05 a. kl G. JC Ramsey, 127 Alberta
street, spontaneous' combustion, small
ure was $46,504,000 In 1914, and $4J.
452.000 In 1909, the Increase being $4,
051,000, or 9.5 per cent. The value ad
ded by manufacture formed 42 ' per
cent of the total value of the prod
ucts In 1914, aud 46 per cent In 1908. "
Comparison of Wares.
The salaries anfl wages amounted t
$26,614,000 In 1914 and to $23,949,000
tn 1909, the Increase being $2,665,000,
or 11.1 per cent.
The total number of salaried em-
ployes was 4431 In 1914, as compared
with 3473 In 1909, making an Increase
of 958, or 27.6 per cent
The average number of wage earn
ers waa 28,829 In 1914, and 28,760 In
1909, the Increase being 79, or 0.1
per cent.
FACTS
The rood construction problem
Is a serious proposition and
needs to be based along the most
simple and best business prin
ciples, and will requlr well con
sidered plans as to location,
carefully prepared specifications
land rigid inspection, and above
all. personal supervision at all
times. It Is these essentials In
cluding elaborate exhaustive lab
oratory tests and ceaseless vigi
lance to' bring it up- to its pres
ent standard of excellence, that
Impelled those In charge of road
work In every section of tns .
union when designating a hard
surface material to be used, to
unhesitatingly name
BITULITHIC
Warren Bros. Company, Port
land. Or.
Are Tcmplanning to attend Co
lombia Highway Dedication dor
Ins; ths PestivalT
Overbeck & Cooke Co.
toeka. Bonds. Cotton. Orals. Xta. ;
116-817 Board of Trads Building.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
Uambara Chlcaaro BoairS at Traulat - '
Correspondence of Logan s Bryan. '
Chlcaao. N Tork,
Easily Converted Into Cash
Ths Ideal Investment Is that which is anlokly salable la many plaoss.
High Grade Municipal Bonds
Are always salable.
Xavs a nation-wide market.
Safest of all investments.
Xstnrn a good rats of interest.
Saslly sold without sacrifice. ,
Tluotmate In Talus less than any
other form of investment.
Call or writs for information.
Lumbermens Trust Company
rifta
and
tar
Market Your; Stock Through
Seattle Union StockYards
Best Market in Northwest s ,
- Price 15c (6 25c higher thsm any tfther market on,
the Pacific Coast, because it is the only yard in th
United Sateibbt co clearly
to your interest to patronize true competition. " J
f-HJ