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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (June 24, 1910)
20 TITE MOUSING-' OREGONIAX, FRIDAY, JTOE 24, 1910. HOLDWHEATFIBMLY More Buyers Than Sellers in Local Market. INQUIRIES FROM JAPAN Oriental Flour Trade Is Also on a Better Basis- Crop Conditions In the Interior California's ... Hop Yield Estimated. The firmness of the local -wheat market continue, with more buyer than sellers on tiand. something the market ha not been Accustomed to for some time past. There were no changes In the prices quoted yester day. The demand was largely for California milling account, but there was also some In quiry from-mllla In the Northwest. A little demand for wheat is also coming from Japan. The Oriental flour trade, while it cannot be called active, is n a better footing than recently. The inquiry Is chiefly from Japan ese buyers. The Hongkong market Is still too low to permit of business with America. Hongkong has been glutted with flour and In an effort to reduce their stocks the hold ers have been sacrificing values and have sold flour at sharp losses and are still not cleaned up. The Oriental steamer sailing today will take out 20.000 barrels of flour for Japanese ports. The shipments were chiefly made by interior mills. Crop reports from the Interior are not en tirely satisfactory, as some portions of the wheat . belt have not had rain enough yet. Advices to local dealers Indicate that In some sections the crop may be 25 to 50 per cent less than last year. South of the Columbia River the conditions are good, but north of the Columbia, and particularly north of the f?nake. the weather has been too dry and the yield is likely to be cut down materially unless Improved weather Is soon at hand. Ijocal receipts, in cars, were reported by the Merchants Exchange as follows: Whe9t Barley Flour Oats Hay Monday Tnsday . Wednesda Thursday Teai ago 11 2 8 2 5 4 5 4 8 9 r 16 2 lO 2 6 13 3 T 8 11 1 .. .. 1 date ..10OO6 1328 2191 149 2718 10328 1539 1643 876 2798 C AXXFO RXIA HOP CROP ESTIMATED Stall, of Santa Ross. Looks for a Yield of 77,000 Bales. B. 'F. -Hall, of Santa Rosa, after an ex tended trip through the various hop-growing sections of California, has made the follow ing estimate of the California hop crop: Estimated Grown by Con- Avail- yield Pectlon. Bales. Meiiriocino .... 9,000 Sonoma 26,000 Facramento Tola Tubs, 40.000 15,600 Butter Shasta Scattering .... 2,000 dealers, tracts, able. Bales. . Bales. Bales. 4.O00 ' 2.300 2,700 .... 14.500 11.500 1,000 10.500 13,900 1.000 Tntal crop . .77,000 20.6X 27.300 29.100 IfloO's and olds in growers' hands. ... 10.129 Available for market 48,229 Conditions in New- York State are reported by the Waterville Times of June 17, as fol lows: Favorable weather has helped the srowth of the bine during the past week and the hop yards are looking very well, especially the new ones. There is general complaint of tmevenneets in the old yards, and this makes a good deal of extra tying, which is being done again now. There Is good strong In quiry at present, but we have not heard of any sales since those reported last Tuesday, the Newton lot, of Norwich, consisting of 369 bales, at 21 cents, and the Peekham lot of 75 bales, grown in Augusta, which brought a little better than 20 cents, it is reported. Showery weather was reported by cable from England yesterday. Mail advices from Belgium report that heavy rain and thunder etorms have cleaned the yards of fly and ver min, which had made their appearance a short time ago. so that crop prospects there are again very satisfactory. A .letter received from A. J. Luce yester day announced the death of E. J. Smith at Hamilton, NT. Y., on June 14. Mr. Smith did considerable consignment business In Oregon and Washington hops a few years ago. condition; of the apple crop. Pacific and Atlantic Coast Sections Make the " Best Showing-. The June crop report of the Department of Agriculture shows the condition of apples in the leading states to compare with the . con dition a year ago as follows:. State. Maine .......... New Hampshire Vermont IMagsachUfietts .. Rhode Island . . .New York -Pennsylvania . . Virginia T'eRt Vlrgtnia . Ohio Indiana .. Illinois Michigan Iowa , lAsouri Nebraska ...... Kansas Arkansas 1910. 1909. 85 82 89 84 88 84 70 47 53 46 4' 47 80 84 54 84 34 SO 93 87 SO 75 70 75 70 81 61 91 -93 .. 92 .. 83 . . 66 .. 75 .. 61 .. 70 .. 65 .. 38 .. 43 .. 13 .. 67 11 32 .. 30 .. 64 50 Montana 81 Colorado Dg New Mexico 58 T-tah 65 Idaho 92 Washington 95 Oregon 93 California 90 United State's 53 The ten-year average June 1 for the United Btstes is 69.8. The condition of other crops June 1 was: n.-v. peaw. otf.jc: caooages. 88.5 onions. 91.1; lima beans. 86.3; asparagus 91 2 blaekberrles. 80: raspberries. 79.2: water melons. 77.4, and cantaloupes. 77.8. DEMAND FOB FRUIT IS 8LOWE.R. Cantaloupe Market Is Still Demoralized. Strawberry Season Ended. The fruit trade was not as good yesterday' as it might have been. The street was well supplied, but buyers evidently had filled their wants on the preceding day. The cantaloupe trade was still In bad shape. The bulk of sales were made at S1.752 per crate. There was a good demand for ripe peaches and apricots, but most of the offer ings were green. Oood cherries moved well Kext week will see the heaviest business of the season in the cherry market. Loganber ries have about disappeared from the market The day's receipts Included three cars of bananas, over the Northern Pacific and a car of mixed California vegetables. WEAKNESS IX COUNTRY PRODUCE. Tendency in Most Lines is Downward. Creamery Butter Firm. The tendency in country produce Is down ward, as a reaction from the high Winter and Spring prices. The poultry market shows continued weakness and more or less shading is necessary to work off stocks Hens were Quoted yesterday at 1 53-16 cents and Springs at 20g21 cents. There was some" demand for young ducks at 20 cents, but old -ducks dragged at 124 cents. Oeese were almost without sale. The egg trade was sluggish at the prices of the preceding day, 26 cents for Oregona and about 25 cents for candled Eastern. Butter and cheese were as firm as hereto fore. RIPE PEACHES AT THE DALLEB. first 01 the beaeon Are Raised on the Stadelman Ranch. THE DALLES, Or.. June 23. (Special.) The first ripe peaches of the season were brought Into the city today. They were raised on ths Stadelman ranch, near the city. Mr. Stadelman will soon have peaches for mar ket. Potatoes weighing 13 ounces apiece In six weeks from time of planting were also brought in by Fred Cyphers. They were raised near this city. HOPS SHOULD BE PICKED CLEAN. Otherwise Oregon May Le the English. Market for Its Surplus. flAl.Ev. flr Tun RnHal.l Prac tically all the Targe Eastern and many of the leading foreign hop concerns have writ ten their agents In Oregon to exert every effort to secure a clean pick of this year's hop crop. The latest warning comes from Wlgan, Richardson & Co., of London, the largest dealers In the world. In a letter to John Carmlchael the firm declares that it Is imperative that Coast growers pay more attention to picking. The letter follows: "There is one most important matter we would draw your attention to before the new season opens, and that Is the picking of Pacific Coast hops. The picking last year was. generally speaking, very badly done especially, in Oregon and unless your growers take much more care in the pick ing of their crops in future years, we fear that the sale of your hops will be seriously Jeopardized. Sales of Oregon hops in Eng land this year have been much smaller than would have been the case had the picking been properly done. By bad picking we refer not only to leaves, but also to -stems and strings. Oregon hops sold here freely in past years, mainly on account of their attractive appearance, and as soon as you destroy the appearance of your hops you destroy the selling advantages which they held. It follows, naturally, that the smaller ths demand there is In this country for Pacific Coast hops, the smaller the price re alized will be. And further, many brewers have intimated their intention to stop using Pacifies, owing to the bad handling. If your growers want to stay in the business. and keep it remunerative, it is Imperative that greater care be given to the picking. You should . certainly place this matter strongly before Coast growers." Bank Clearings. Bank clearings of the Northwestern cities yesterday, were as follows: Clearings. Balances. Portland 81,484.681 $161,859 Seattle 1,639,591 206.615 Tacoma 928,594 64.441 Spokane 587,001 80,627 PORTLAN I MARKETS. Grain. Flonr. Feed, Etc. WHEAT Track prices: Bluestem, 82 82V4c: club. 78c; red Russian, 76c; Valley, 80c. - FLOUR Patents. 83.15 per barrel; straights. S4.O504.7S: export. $3.6008.80; Valley. 15.30; graham. 84.80; whole wheat, quarters, 15. BARLEY Feed and brewing. 819S20 per ton. CORN Whole, $31; cracked. 131 per ton. HAY Track prices: Timothy, Willamette Vallev. t20a21 ner ton: Eastern Oregon. S2224; alfalfa, 815016; grain hay, $17 18. MILLoTUFro tan, per ton; mm- dllngs. $30: shorts. 121 422: rolled barley. $24.60 025.60. OATS No. 1 white. 9Z3.DV per ion. Dairy and Country Produce. ' BUTTER City creamery. extras. 29c; fancy outslds creamery. 2329c per pound; store, 23c. (Butter fat prices average lfto per pound under regular butter prices.) EGGS Oregon candled, 26c per dozen; Eastern, 2425c CHEESE Full cream twins, 17171c per pound: Young America. 1818Hc POULTRY Hens. 1516c; broilers, 20 21c; ducks, 12 V4 fc'-'Oc; geese, lOjj llc; tur keys, live. 18 47 20c: dressed. 22 ft 25c; squabs, $3 per dozen. PORK. Fancy, 1281ZVC per pouna. VEAL Fancy, lu&llc per pound. LAMBS Choice. 84 11c per pound. Vegetables and Fruits. GREEN FRUITS Apples. Oregon New town, $2 per box; new California, $1.75 3.25 per box; cherries, 6Q12o per pound; apricots, S1.25L35 per box; peaches, SI per box; plums, $lte'1.25 per box; goose berries, 5oc per pound; currants, 822.2o per box. BERRIES Strawberries, $1.60 01.6$ par crate; raspberries, $1.50 per crate; loganber ries, 73c 41 $1 per crate; blackcaps, i per box. MELONS Cantaloupes. $1.7502.29 per crate. TROPICAL FRUITS--Oranges, $2.50 4; lemons. C4.5OO0: rraoefrult. $3.2506 per box; bananas. 5o per pound; pineapples, 7 vvc per pouna. VEGETABLES Artichokes, 6O075O per dozen; asparagus, $1.25 0 2 per box; beans, 8010c per lb.; cabbage, 2Vi2c per lb.; cauliflower. $2 per doz.; com, 2O03OO per do.; cucumbers, 6Oc0$l per doz.; head lettuce. 5O0oOo per doz.; hothouse lettuce. 6uo0$l per box; garlic, 1O012Vi per lb.; horse radish. 8010c per lb.; green onions, 13o per doz.; peas, 405c; peppers, 20c per pound; radishes, 150 20c per dozen; rhubarb, 3c per pound; spinach, 8010c per pound; squasn, 7&c per crate; tomatoes, 6Oc0$2 per box. SACK. VEGETABLES Carrots. 85c 0$1; beets, $1.50; parsnips, 75C0SL POTATOES Old Oregon. bu75c per hun dred; new California, l02o per pound; new Oregon. 2c per pound. - ONio.Nts uerinuda. SL5O01.75 par orate; red, i2t --& per sack. Groceries, Dried Fruits, Ete. DRIED FRUIT Apples. 10c per pound; peaches, 7c; prunes, Italians, 4 05c; prunes, Frencn, 405c; currants, 10c; apricots, 15c; dates, 7c per pound; figs, fancy white, 6 lo; fancy black, 7c; choice black, SALMON Columbia River, 1-pound talis, $2 per dozen; 2-pound tails, $2.95; 1-pound fiats, $2.10; Alaska v'.nk, 1-pound tails, 90c: red, 1-pound tails, $1.45; sockeye, 1-pound talis, $2. COFFEE Mocha, S4 028e; Java, ordinary, 1702Oo; Costa Rica, lancy, 18020c; good, 16 01bc; ordinary, 12. 016c per pound. NUTS Walnuts, 15c per pound; Brazil nuts,, 13 H 015c ; Alberts. 10c; almonds, 17o; pecans, 19c; cocoanuts, 9Oc0$l per dozen. SALT Granulated. $15 per ton; half ground, loss, $10.00 per ton; 80s. $11 per ton. BEANS Small white. Bhici large white. 4 lie; Lima, eftc; pink, 7o; red Mexicans, 7c; bayou, Hie SUGAR Cry granulated, fruit and berry, $6.25; beet, $6.06; extra C, $5.75; golden C. $5.65; yellow , $5.65; cubes (barrels), $5.65; powdered. $6.60; Domino, $10,400 10.90 per case. Terms on remittances with in 15 days deduct 'Kc per pound, if later than 13 days and within SO days, deduct Mo per pouna. Maple sugar, 15018c per pound. RICH No. 1 Japan, 43ic; cheaper grades, 8.50 0 4.55c; Southern head, 547o, HONEY Choice. $3.2503.50 par case; strained, 7c per pound. Provisions. BACON Fancy, 28o per pound; standard. Ke, choice, 24ttc; English. 22M028tto. HAMS 19 to 13 pounds, 20c; 14 to 16 pounas, zuc; 18 to 20 pounds. iwc; hams. skinnea. zittc; picnics, is He; cottage rolls, none; boiled hams, 270 29c. LARD Kettle rendered. 10s, lTtto; stand ard pure. 10s. 17s: choice. 10s. 10c SMOKED BEEF Beef tongues, each, 60c; dried beef sets, 22s; dried beef outside, 2uc; dried beef lnsldes, 23c; dried beer knuckles, 22c DRY SALT CURED Regular short clears Oregon exports, dry sal tea, ITfac; smoked, dry salt, 17c; smoked, IStto; short clear back, heavy dry salted. lSVfcc; smoked. 18c PICKLED GOODS Barrels: Pigs' feet. $16; regular tripe. $10; honeycomb tripe, $12; lunch tongues, $19.50; mess beet, ex tra, 14; mess pork, $30. Hops. -Wool. Hides, Ete. HOPS 19US crop, 11013c, according to quality; oiua, buuuuu, iviu contracts. 130 lottc nominal. WOOL Eastern Oregon. 14017o pound; Valley, 16020a per pound. MOHAIR Choice, 82038c per pound. CASCARA BARK 44 5c per pound. HIDES Dry hides, 15Vi016Vso per pound dry kip, 15tt0I6ttc per pound; dry calf skin, 17 0 19c per pound ; salted hides, 7 H 0 80; saltea caiisKin, - iec per pound; green hides, lc less. PELTS Dry. lO012o; salted, butchers take-on. ex.lO0x.su; spring lambs, 25 0 45c Oils. LINSEED OIL Pure raw In barrels. He; Kettle ooiiea, in oarreis, sac: raw, in cases. lo; kettle boiled, in cases. 93c . Lots of 200 gallons. 1 cent less per gallon. TURPENTINE In cases. 82c; In wood barrels. 4c. COAL OIL Water white In drums. Iron barrels or tank wagon. 11c; special water white in drums or iron barrels. 14 v,a: union kerosene in cases . 2-5s, 11 c; oleum kero sene In cases J-6e. 21 He; Aurora kerosene In cases. 2-5s, 21 Vic GASOLINE Union gasoline In bulk, 17o; Union gasoline In cases S-6a 14c; IJnlon motor spirit in bulk, 17c; Union motor spirit in cases 2-5s, 24c; No. 1 engine dis tillate in iron drums, 8 He; No. 1 engine oistiuaie in cases x-os. 100; v., ja. a P. Naptha in iron drums or barrels. 13 Ho; V.. M. P. naptha in cases 3-6s. 19Hc: BENZINE Union benzine in Iron drums or barrels. llftei Union benzine la cases New Southern PaciHc First Mortgage, San Francisco, Terminal 4 Bonds Twenty-five Million Dollars, Southern Pacific Company, San Francisco, Terminal First Mortgage Four Per Cent Bonds, due April 1, 1950, interest payable April 1st and October 1st. The entire issue outstanding (but not any part) subject to redemption by the company at one hundred and five per rent and accrued interest on April 1, 1915, or on any interest day there after. Coupon bonds in denominations of $1000, $500 and $100 each, with privilege of registra tion as to principal. Fully registered bonds interchangeable with coupon bonds. Principal and interest payable without deduction for any tax or taxes which the company may be required to pay thereon or to retain therefrom, (under any present or future law of the United States, or of any state, territory, county, municipality or other taxing authority therein. The undersigned will receive subscriptions for the above bonds at ninety-three (93) per cent and accrued interest to delivery. The subscription will be closed at 3 o'clock P. M. on Friday, June 24, 1910, or earlier, the right being reserved to reject any applications and to award a smaller amount than applied for. The undersigned reserve the right to close the subscription at any time without notice. A first payment of fifty dollars per thousand-dollar bond subscribed for must accompany all subscriptions. The balance of the amount due on bonds allotted upon subscriptions will be payable on July 7, 1910, at the office of the undersigned, against temporary certificates ex changeable for engraved bonds as soon as ready. If no allotment be made, the first payment will be repaid in full, and if only a portion of the amount applied for be allotted the balance of the first payment will be applied toward the amount due July 7, 1910. No interest will be allowed on such first payment. If any further balance remains such balance will be repaid. Failure to pay the second installment, when due, will render the previous payment liable to for feiture. - t For full information as to this issue of bonds, reference is made to the mortgage and to a letter from R. S. Lovett, Esq., President of the Southern Pacific Company, copies of which can be obtained from the undersigned. From said letter it appears that FIRST : These bonds are secured by first mortgage on an important terminal railroad and indispensable terminal property in the City of San Francisco, California, believed to have a present value of fully Thirty Million Dollars, L e considerably more than the entire amount of the present issue of bonds. SECOND: The property covered by this mortgage is used by every train of the Southern Pacific . Company 's system entering the City of San Francisco, that is, all local and transconti nental business except that ferried across San Francisco Bay. THLRD: These bonds are the direct obligation of the Southern Pacific Company, whose system, owned and controlled, earned a surplus income over all charges, for the fiscal year ended June 30, 1909, amounting to Twenty-6ix Million Eight Hundred Seventy-nine Thousand Four Hundred Two ($26,879,402.00) Dollars. FOURTH:- An issue of these Bonds will also be made in Germany, England, Switzerland and Holland, and both principal and interest will be payable in German Marks, English Pounds, Swiss Francs and Dutch Guilders, thus insuring a wide international market. FIFTH: These Bonds are a legal investment for savings banks and trustees in the State of California and are free from taxation in California under the laws of that state, or of any, county, municipality or other taxing authority therein. A simultaneous issue of these bonds is being made in Berlin by Direction der Disconto Gesellschaft, Berliner Handels Gesellschaft, and National Bank fur Deutschland, in Hamburg; by Messrs. M. M. Warburg & Co. and Norddeutsche Bark in Hamburg; in Frankfort O. M., by Direction der Disconto Gesellschaft; in London by Messrs. J. Henry Schroeder and Company, in Basle "by Schweizerischer Bankverein ; in Zurich by Eidgenoessische Bank, and Schweizerische Xvreditanstalt, and in Amsterdam by Messrs. Hope and Co. An issue ' is also being made in New York by Messrs. Kuhn, Loeb and Company, and in Boston by Messrs. Kidder, Peabody and Co. Application will be made to list the bonds on the New York, Berlin, Hamburg, Frankfort, London, Basle, Zurich, Geneva and Amsterdam Stock Exchanges. WELLS FARGO NEVADA NATIONAL BANK, SAN FRANCISCO, CAL. ANGLO & LONDON-PARIS NATIONAL BANK, SAN FRANCISCO. CAL. CANADIAN BANK OF COMMERCE, SAN FRANCISCO, CAL. FARMERS & MERCHANTS NATIONAL BANK, LOS ANGELES, CAL. " UNITED STATES NATIONAL BANK, PORTLAND, OREGON. Lumber mens National Bank CORNER FIFTH AND STARK STREETS PORTLAND, OREGON Capital $500,000 ' OFFICERS. G. K. Wentworth President John A- Keatlna:. .... .Vice-President Geo. L. McPbersoa. . .Vice President H. D. Story. ............... . Cashier F". A. Frtenta. ... .Assistant Cashier Graham Infc.chart.. Assistant Cashier DIRECTORS. O. K. Went worth C'has. S. Russell P. S. Brumby Dr. K. A. J. Mackenzie Ceorre O. Bingham Lloyd J. rtVntworth J. K. Wheeler Geo. L. McPherson John A. Keating; Kobert Treat Piatt 1 U. 1. Story i i SaajaJ6r5iaso uat - "ie-v. jJ1 yn-irterw1.,y .iefittjt J4 -j "aaasasssBSjMSzMsBssinsssasiM i OLDEST BANK ON THE PACIFIC COAST CAPITAL $1,000,000 SURPLUS and PROFITS $600,000 OFFICERS. W. M. HDD, President. ' IDW. COOEIXOHAM. Vlea-Preatdent W. H. DONCKLET. Cashier. R. a HOWARD, JR.. Ass't Cashier. X W. LADD, Assistant Cashier. WALTER M. COOK. Ass't Cashier. DIRECTORS. EDWARD COOKIN-I3HAM, HENRY L. CORBKTT. I WILLIAM M. LASIX i CHARLES E. LAD1X ' i J. WESLEY LADD. ' B. B. LI.NTHICUM. FREDERIC B. PRATT. i IBSODORE B. WILCOX. Interest Paid on Savings Accounts and Certificates of Deposit We Issue Letters of Credit. Foreign Drafts, and Travelers Checks HIGHER ON OOOD B0YIN6 i CANTALOUPE PRICES ARE AD VANCED AT SEATTLE. Bottom Touched in Dressed Meat Market Poultry and Eggs Steady and Butter Firm. SEATTLE. Wash., June 23. ( Special Fruit receipts today were three carloads and 5723 miscellaneous packages. Including a shipment of fancy Hawaiian pneapples. Cantaloupes took a flyer of 50c to 11 on the strength of heavy demand and rising values in the South and easy sales, at $.50 4 in the Middle West. Tomatoes dropped Z' cents. The market has been overstocked all week. It is expect ed that deeper cuts will be made for the clean-up Saturday. Asparagus was lifted from $1.73 flat to $2 2.25. Beets advanced 50 cents with a slight shrink In the higher qualities of wax beans. The dressed meat market was brisk, with a large volume of -business at stationary prices. It Is now claimed that the prices are at rock, bottom, that the wholesalers have ceased to interest themselves In main taining prices, and that where values are strong to higher the retailer Is alone re sponsible. Poultry remained unchanged with a brisk demand. A fair supply of fancy local eggs was received, but values remained unaffect ed. Butter and cheese were firm. SAX FRANCISCO QUOTATIONS. Produce Prices Current In the Bar City Markets. SAN FRANCISCO. June 23. The follow ing prices were current in the produce mar ket today: Butter Fancy creamry, 28c;' creamery seconds. 27Hc; fancy dairy, 26c. Cheese New, 13tt14c; Young- America. 15S16H-C. Eggs Store, 25Hc: fancy ranch, 27c. Poultry Roosters, old. $u5.5C; roosters, young. t7.5010; broilers, small. 92.253; broilers, large, 3.2533.50; fryers, to 7.50; hens, 510;. ducks, old, 67; ducks, young. 810. Vegetables Cucumbers. 85c2.25; garlic, 3 j)4c; green peas, S2.r03; string beans. 6 9c; asparagus. 70 & S5c; tomatoes, 60 75c; eggplant, 5 8c Hops California, 12 14c. Potatoes Early Rose, 40 60c. Fruit Apples, choice. 50c; apples', com mon, 85c; bananas. 75c $3; Mexican limes, t6-50(S'7; California lemons. $26; oranges, navels. 1. 504? 3.50; pineapples, $34. MUlstufls Bran, 2324; middlings, (23 &31. Hay Wheat. $914.50; wheat and oats, $913; alfalfa, $7.5010; stock, $67; straw, per bale, 40&65c. Receipts Flour. SS42 qr sacks: wheat, 40 centals; barley. 2385 centals: oats. 600 cen tals; beans. 214 sacks: corn. 30 centals; potatoes. 3460 sacks; bran. 50 sacks: mid dlings. 40 sacks; hay, 360 tons; wool, 630 bales; hides, 1335. Metal Markets. NEW YORK.June 23. Market for standard copper was firmer. Spot and June 12.00 12.20c; July 12.2H4 12.30c; Aug. 12.1214 12 35c; London closed firm with spot at 55 2s 6d: futures, 55 16s 3d. Arrivals re ported at New York. 320 tons: custom house returns show exports of 12.&54 tons so far this month. Lake copper 12.62 H tll 12.87 c; electrolytic. 12.37 12.62 c; casting 12. 12H12.37Hc. Tin steady. Spot 82.80 32. 70c; June, 32. 5532.70c: July. 32.4032.70c; Aug. and Sept. 32.40 32-70c. London steady, spot 149 7s; futures. 149 5s. Lead quiet. Spot, 4.40 4.50c New York: 4.15 4.20c East St. Louis. London un changed at 12- IDs. Spelter quiet. Spot 5.1565.50c, New York; 4.85 9 4.95c, East St. Louis. London spot, 22 6s. Iron higher at 49c lHd for Cleveland warrants in Ixindon. Iocally. the Iron market was quiet. No. I foundry Northern. $16.50iS 16.75; No. 2, $16.00 16.25; No. 1 Southern and No. 1 Southern, soft, S16.25 16.75. Dried Fruit at New York. NEW YORK, June 23. Evaporated ap ples, steady with a quiet Jobbing trade. On the spot, fancy quoted at 101 1014c; choice, Sf?8lic; prime, 77o; common to fair, 66c. Prunes quiet and prices nominally un changed; quotations ranging from 3 to 94 o for California up to 30-40s and 49c for Oregons. Apricots quiet and prices easy owing to the falling off in export demand; choice, 1010Vsc; extra choice, lOttivllc; fancy, 10-T4HV4c. Peaches dull and easy, although - prices are nominally unchanged; choice. 66c; extra choice, 7 7 14c; fancy. 7147c. Raisins dull and featureless; loose xnus tatets are quoted at 375c; choice to fancy seeded, 4K6c; seedless, 3&'4ttc; London layers, 1.20(S J 1.25. New York Cotton Market. 1 NEW YORK, June 23 Cotton Spot closed dull, 15 points lower. Mid-uplands. $15.05; mid-gulf. $15.30. Sales. 14.008 bales. Futures closed steady. Closing bids; June, $15; July, $15.02; August. $14.71; September. $13.15; October. $12.46; November, $12.32; December, $12.26; January, $12.22; February. $12.21; March, $12.22. Coffee and Sugar. NEW YORK, June 23. Coffee closed steady, net five points higher to five points lower. Sales were reported of 20.000 bags. June, $6.50: August, $6.50; September, $6.55: October. November and December, $6.60; January. $6.60; February. $6.70; March, $6.72: April. $6.73: May. $6.74. Spot coffee steady. Rio No. 7, 8 5-16c; Santos Ko. 4. 9c; mild coffee quiet. 9 1214c. - Raw sugar, firm. Muscovado 89 test. 8.74c; centrifugal 96 test. 4.24c; molasses sugar, 89 test. 3.49c; refined, steady; crushed. Many yroperty KNOW NOW many mKl learn, flat BITDtlTHIC Pavement has more sta bility; more real value than aarjr other har&-sut faoe .pavement laid. First National Bank Capital $1,500,000 Surplus 750,000 Oldest National Bank West of the Rocky Mountains Batik Notice Security Savings and Trust Company Corbett Building, Fifth and Morrison Streets Capital and Surplus $900,000 Invites Accounts of Merchants, Individuals and Savings "We own and offer, subject to prior sale,, any part of the following noted bonds : $30,000 Oregon Water Power & Railway Co. 6s $20,000 City of Portland, Improvement 6s and are able to quote the same at a very attractive price in amounts to suit, for immediate delivery. Further particulars upon application. Morris Brothers Chamber of Commerce. Bonds Investments Timber Lands McGrafh & Neabcsen Co. 701-1044 Lewis BHg. romm gregon TRAVELERS GUIDK. TRAVELERS' Cf IDE. All Modem Safety Devices (Wireless, Ete.) LONDON PARIS HAMBURG Deutchland lpmJuly 2;Clnclnnatl July 16 Pres. Lincoln. .July eiflPennsylvanla. July 20 tAmerlka July 9 -Cleveland ...July 23 Pres. Grant. .July 13ltKals. Aug.Vlc.July30 fUnexcelled Rlts-Carlton a la Carte Res taurant. "New. IHamburg direct. ITALY VIA GIBRALTAR, NAFLKS and OUNOA. 6.8. MOT.TKE July 11. S P. M. S.8. HAMBURG August 9 S.S. MOLTKK August 30 Hafflbnrr-Amerlcan Line. MO Powell St.. San Francisco, Cat and Local R. R. AienU In Portland. A Lady, Experienced Traveler -would like to ehaperone a party of three for five months abroad, sailing October 1st. Address Miss White, 33 Mt. Vernon street, Boston, Mass. COLUMBIA RIVER SCENERY Fast Excursion Steamer CHAS. R. SPENCER Leaves dallv axcept Wednesday. 8 A. M.. for Hood River and way landings and re turn leave Hood River. 2:30 P. M.; arrive Portland 8 P. M. SUNDAY EXCURSIONS. Leaves 9 A. M-; returns. 5:MO P. M. Flrst-clase Meals Served.. Fare. One Dollar Round Trip. Up-town Office. 6a 5th St. Phones Marshall 1979. A 1293. Landing and Offne. Foot Washington St. Phones Main SO 19, A 2465. Lowest Rates to Picnic Parties. E. W. SPENCER. OWNER. Columbia River, Port land and Astoria Route Steamer Uassalo leaves Portland dally from Ash-street dock, except Sunday, at s P. M. (Saturday at 10 P. M.) ; returning, leaves Astoria daily, except Sunday, at 7 A. M. Tickets Interchangeable with steam er "Lurline," which leaves Astoria daily, except Sunday at T P. M. San Francisco & Los Angeles . DIRECT North Pacific S. S. Co.'s S. S. Hoanaka and S. S. Elder sail every Tuesday alternately at 8 P. M. Ticket office 132 Third St., near Alder. 11. YOUNG, Aprt. Pbonea M 1314. A 1314. COOS BAY LINE 5-DAY SERVICE. Steamer Breakwater leaves Portland A. M.. Jicia 8. 13. 18. 23. 28 and every live days from Ainsworth Dock, for JCorth Bend. Marshneld and Coos Bay - points. Freight received until 5 P. M. daily. Passenger fare, Orst-clasa. $10; second-class, 7, including I erth and meals. Inquire City Ticket Office, 8d and Washington sts., or Ainsworth Dock. Main 268. SAN FRANCISCO PORTLAND SS. CO. New Service to San Pedro Every 5 Days. From Ainsworth Dock. Portland. 9 A. M.: SS. "Bear." June 25; "Beaver," July t "Bear." July 7. From San Francisco, for Portland. 11 A. M.: RS. "Beaver." June 25; "Bear," July 2 "Rose City," July 6. Northbound, from San Pedro: SS. "Beaver." July 8; "Bear," July IS J "Rose City." Jnly 18. it. i. SMITH, C. T. A., 142 Third St. Phones: Main 40:2, A 1402. J. W. RANSOM, Agent. Main 268. Ainsworth Dock. SEASICKNESS Will be prevented and relieved by using TOMQl'E HAL 1E MER, a safe and relia ble remedy. Take a bottle with you and in sure yourself all pleasures of an ocean voy age. Sold by leading druggists. Prloe 8 cents, or mailed, postpaid, by NEPTUNE REMEDY CO., Sole Manufacturers, Phone Main 2307; A 6512. . Portland. Or,