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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (June 28, 1910)
TITE MORXIXG OREGOXIAX, TUESDAY, JCXE 28, 1910. WHEAT MAY GO EAST Shortage Likely to Cause De mand on Northwest. HOLDERS WAITING FOR IT Trade Thinks Surplus Will Be Sent Over the Rockies Rather Than to Europe Better Prices Are Bid. s With dollar wheat in the East again, the local wheat market has ' become an ex tremely strong affair. There is - a good demand, but the bid are not productive of much business. For bluestem, 8S centa wag offered and for club 7 to 80 cents. The shortage In the new crop in the Middle West, which now seems to be an assured fact, may be the means of caus ing a part of the surplus stocks In the Pacific Northwest to find their way " East ward over the Rockies. The local trade considers it much more likely that this wheat will go- East than so foreign. It -la this probability of an Eastern demand, more than anything; else,' that snakes hold era in the county so firm. Local receipts in cars yesterday were re ported by the Merchants' Exchange as fol lows: ' Wheat. Barley. Flour. Oats. Hay Monday ....... 10 16 6 7 Year ago s 1 " IS 1 " 10 Season to date.10038 ; 1328 2217 14S8 2744 Year ago 10534 1542' 16T2" S83 2815 The weekly wheat statistics of the Mer chants Exchange follow: American Visible Supply : Bushels. Decrease. ."...13,142,000 1,900,000 ....11.281.000 1,668.000 15,:t9.0no 1,580.000 . 46,537.010 4HS1.OO0 . . . .25.S1I2.OO0 1,017,000 ....14.-J2S.000 1,100,000 14.055.0OO 600.000 17.45S.0OO 1,161.000 ...'.19,700,000 1. 275,000 June 37. 1K10. . June 2S. moil.. June 23. J 908. . July l. inOT. . July;, 2. 1UO0.. July a. Ifi05. . July 5. 1004.. June 2, 1003. . June 30. 1002.. July 1. laoi. . . .30,793.000 2,110,000 Quantities on Passage - . Week wndlnir Week, Week ending ending Tune 2.j Bushels . .24.OSO.000 . . 0.020,000 June IS June il.'00 For V. K. ... Continent Bushels Bushels 215.160.00O 22.000,000 11,120,000 13,520.000 Totals .34.000.000 37.2S0.00O 37.S2O.000 World's Shipments. Flour Included Week - Week Week ' cndin: ' ending ending .June 25 Bushels .1.400,000 . M04.OOO . N4S.OOO S32.000 a.oc.s.ooo 100.000 June IS June 28. '0! From V. S., Can Argentina ; A ustralia . . Dan. ports.. Russia ..... India ...... Bushels l,r,:;:;.ooo r.i2,ooo 240.000 330,000 3.OOH.00O 1.102.000 Bushels ' 1,601. OOO 1.SOS.O00 10O.0O0 112.0O0 2.06O.0OC 3.1O8.O0O Totals Cfc.72.OOu 7,088.000 8.8O9.00O Foreign wheat crop conditions are given by the-Liverpool Corn Trade News as fol lows:. United Kingdom The wheat crop is pro gressing favorably under, good wheather venditions. The Spring crops show some Improvement, but raiu Is needed. France The ears of the wheat plant are short and poorly tilled, and the crop out look shows no Improvement. tlermany There have been local storms which have caused some damace. but other wise the outlook is favorable. ' Roumaiiia The , wealliur has been stormy, with heavy rains, which has been very injurious to the growing plant, and there are reports of much lodging. Bulcarla-ffurkey- The crops . have been Slightly damaged by rains and Insects, but on the whole a good outturn is expected. Russia Khlnners rpnurt rnfn In it,. drouthy regions. Hungary The recent heavy rainstorm has caused some damaei, but a spell of dry weather will repair the damage. : Australia and Austria The crop outlook Is favorable. Spain-North Africa The crop outlook is fair. Italy The recent rains have caused some deterioration. Harvesting has commenced In the south. India Conditions ":" are favorable for an early development of the monsoon, and un til then farmers are holding tlrmly. - Offers till continue on a moderate scale. FIRST OREGON PEACHES RECEIVED. Half " Cnr of California Crawford Find -Quirk Sale Cantaloupes Firm. Oregon peaches made their appearance in the local market yesterday, the first ship ments coming from Medford and The Dalles. They sold at 75 cents a box. . "The first Early Crawford freestone peaches, a half carload of them, arrived In tha after noon 'from California.' They were packed in 30-pound boxes and cleaned up before the day was over at $1.25 per box. There was also a half car of Japanese Simonl plums, in 30-pound boxes, which sold at 11.59 per box. Other plums were quoted at lgl.25 per box. The cantaloupe market was firm at S1.76 2.25 per crate. Cherries were still plenti ful and sold t Saturday's range. Berries of ail iiniis;were in light supply. Logan 'berrles were Quoted at $11.50 per ' crate. Wool Storing in Wallowa County. " Although the wool cllo of wunwa County Is lighter ' than was at first anti cipated, wool Is piling up in the Wool growers' warehouse at Enterprise, says the Chieftain, and there Is no apparent end to It In sight. Already 1275 sacks, aggregat ing 426,920 pounds, have been elevated and stored up In tiers in the big warehouse building, and it is expected that by the time the total clip is stored it will fill the big building. The only wool sales day o far- officially assigned for Wallowa County ia scheduled for July 12. Eggs and Poultry Unchanged. Oregon eggs were in small supply, taking the street as a whole, and the market was Brm at Saturday's quotations. Poultry receipts, as usual on Monday, were light and prices were steady and unchanged. The butter market was firm and there is 00 Indication of any early change in con ditions. Hide- .Market Dull and Weals. The hfrto market continues in a dull and iveak condition with practically no demand. Prices are lower now than they were in :ho Winter. Eastern trade reports are ansatisfactory. Bank ClearingK. - Bank clearings of the Northwestern :uies yesterday were as follows: Clearing. Balances: l.r..!.-,.:ioo $ to.-.. -ion 1.7tS(l.3SS 2MI. .-i.-io l.or.s.!).;:; s.1.741 030,413 157,120 Portland Seattle : ........ . racoma ......... Spokane rORTLAXD MARKETS. "Grain. Flour. Feed.' Etc.' WHEAT Track prices: Bluestem. R3c; ilub, 74(80e; red Russian, 77c; Valley, sic. rLOOR Patents. 5.15 per barrel; itralghts. X4.0K4.7S: export. J3.80J 80: Valley. $5.30; graham. $4. SO: whole wheat, luarters. 85. BARLEY Feed and brewing.' $1S20 per ton. CORN Whole. $3: cracked. "J3S per ton. ' HAY Track prices: Timothy. Willamette alley. ?'JO21 per ton; Eastern Oregon. i2234: alfalfa. X151S; grain hay. 17418. MILLSTUFFS Bran. $20 per ton; mld llings, 30r shorts. $2122; rolled barley. ., ;24. 50025.50. OATS No. 1 white. $25.50 26 per ton. Dairy and Country Produce. BUTTER CKy creamery. extras. ' 29c; tincy outalde creamery. 2SS29c per pound; itore. 23c. Butter, fat prices average IV-c ter pound under regular butter prices. EGGS Oregon candled, 26Vic per dozen; Eastern. 24 ii 3 23c CHEESE Full cream twins, 1TIT54 per pound: Young America. 1S18sC. POULTRY Hens. 15S16c; broilers. IS 21c; ducks. 12 i 41 20c; geese. lOiftllc; tur keys, live. 18fe20c; dressed. 22V426c; squabs, 13 per dozen. PORK Fancy, 12U12ic per pound." VEAL Fancy. 10llc per pound. LAMBS Choice. 1111C per pound. H Vegetable twd Fruits. GREEN ' FRUITS Apples. Oregon. New town. S3 per box; new California. 81.75 152 per box; cherries.' S'S'lOc per pound; apricots. jl.2j(&1.3u per box: peaches. Toe 81.25 per box: plums. 11.50 per box; gooseberries. 5i.f6c per lb.; currants, S2&2.25 per box: pears, new, 81.50 per box. BEKItlES Raspberries. sl.3D4fl.50 per crate: loganberries, slwl.00 per crate; blackcaps. 1.65(1.75 per box. JdBLO.VS Cantaloupes, S1.75S2.25 per crate. TROPICAL FRUITS Oranges. $2-304; lemons, $0'7; grapefruit. per box; bananas, 5&c per pound; pineapples, 7 9c per pound. VEGETABLES Artichokes. 607Se pet dozen; asparagus. 81.25(92 per box; beansv feceioc per lb.; cabbage, aviWSc per lb.; cauliflower, 82 per Uoz. ; corn, 45c per doz. ; cucumbera. fjcSl per doz.: heaa lettuce. &0pOOc per doz,; hothouse :ettuce. 5OC011 per box; garlic, 10u?12ftc per lb.; horse radish. 8loc per lb.; green onions. 15o per doz.; peas, 4j,5c; peppers. .20c per pound; radishes. 15$y 20c per dozen; rhubarb. 3c per pound;, spinach. b&loc per pound; squash.- 75c per crate; tomatoes, $1.752 pur box: SACK VEGETABLES Carrots. 65c 1; beets, 81.50; parsnips, 75C&SL POTATOES Ola Oregon. oo-T5o per hun dred; new California. 12o per pound; new Oregon. 2c per pound. ONIONS California red, S2.5Cg2.75. Groceries, Dried Fruits. Etc DRIED FRUIT Apples. 10c per pound; peaches, 7c; prunes, Italians, 45c; prunes, Frencn, Ooc; currants,. 10c; apricots, 15c; dates, 7c per pound; figs, fancy white, ofec; fancy black, 7c; choice black, (He SALMON -Columbia River, 1-pound talis, S2 per dozen; 2-pound tails, S'2.05: 1-pound flats, $2.10; Alaska p.nk. 1-pound tails, 90c: red, 1 -pound, tali. ItU: sokeye, 1-pound tills. S2. . COFiTEJB Mocha. 242Sc; Java, ordinary, 17 & 20c; costa Rica, fancy, l20c; good, 16(ylSc; ordinary, 123k4?10o p-w pound. KUTS Walnuts, 15c per pound; Brasil nuts. 13tt?15c; clberts. 10c; almonds, 17o; pecans, mo- cocoanuts, 90cirl per dozen. SALT Granulated. Jlo pe" ton; half ground, loOs. 10.5U per ton; uOs, til per ton. BEANS Small white. Bc: large white. 4c; Lima. uVsC; pink. To; red Mexicans, U.c; bayou. 7c SUGAR Dry granulated, fruit and berry, 16.25; beet, So.05; extra c, S5.7f; golden C, 85.65; yellow D, S5.S9; cubes 4barrls, $5.05; powdered, SB.C0; Domino, 810.4Oy iO.yO per case. Terms on remittances with in 15 days deduct a per pound. If later than 15 days and within 30 days, deduct o per pound. Map'e sugar, 13 & iso per pound. RICE No. 1 Japan, ic; cheaper grades, 3.5004.55c; Southern head, 54 7c HONE X Choice, J3.253.5u per ' case; stralued, 7c per pound. Provisions. BACON Fancy. 2Si per pound; standard 2344c, choice, 24 He; Engllsn, 22 At a3 bke. HAMS 10 to 13 pounds. 20c; 14 to 18 pounds. 20c; 18 to 20 pounds. lOVitc; hams, skinned. 21jc; picnics, lSic; co-.tage roiia. none; boiled hams, 27 4j9 20c hABC Kettle rendered. 10s. IT ',4c; s:and ard pure, 10s, 17s; choice. 10s, lac SMOKED BEEF Beef tongues, each, 00c; dried beef sets, 22s; 'dried beet outside, 20c; dried beef insidee. 23c; dried beef knuckles. 22c. DRY; SALT CURED Regular short clears, Oregoa exports, dry saltea, 17 fee; smoked, dry salt, 17c; smoked. IBlic; short cioar back, heavy dry salted. 16 -jc; smoked, ISc. PICKLED GOODS Barrels: Pigs' feet. 81ti; reguiar tripe, JiO; honeyeomo trips, $12; lunch tongues, J1U.50; mess best, ex tra. $14. meu perk. $80. Hops, Wool. Hides, Etc. HOPS 1908 crop, 10 12c. according to quality, oiua. nominal; wiu conLi-cta, 13 134c nominal. WOOL Kuetern Oregon. 14 & 17c -pound. Valley. 10flSc per pound. UOriAlh choice. 233c per pound. CAaCAHA UAKK 4 a oc per pound. HIDES Dry hides. 15VW10',ic per pounc1 ; dry kip. 15s40luVsC per pound; dry calf skin, 17luu per pound; salted hidos, 7n& 8c; salted calfskin. 14c per pound; greeu hides, Ic less. PELTS Dry. 10l?c: salted, ' butchers take-otf. $1.1533'L4i); Sprimc lambs. 2545u, Dairy Produce in the East. NEW YORK. June 27. Butter Firmer. Creamery specials. 2hi,4 4f2'ic: extras, JSc; third to firsts, 25f?i2fJ.jc; state dairy, com mon to tine, 23.'y; 27 'fee: process, second to special. 22&25,.sc; factory. 222iVac; imi tation creamery, 24 (if 25c. , - Cheese Strong. Slate, whele milk, new specials, lSth'loVjc: do rancv small, white. 1444c: do tancy small, colored. ui.C; do average prime, 14c; do fair to good, "l24j 13 c: do common, loijflJc; skims, special. 12 V, to 14 t-tKB bteady to firm. State Pennsylva nia and nearby hennery white. 25(gi28c; do gathered white, 23tj2Dc; do hennery brown, 24'tf20c: do gathered brown, 22Q,24- fresh gathered extra firsts. 2144 2244c; firsts, 20 21c CHICAGO. June 27. Butter Steady Crear-.'eries, 24 44 to 27c: dairies, 23 26c Eggs Roceiple 20.25G; steady at mark cases Included, loSclCVic; firsts, lac; prima firsts, 10 4bc. Cheese Steady. Daisies. 15 44 15 14 ... Twins, 15c: Young Americas. 15 4 1 5 k c ; Long Horns, 15 44 15 c . Metal Markets. NEW YORK. June 27. StandarJ copper, weak, spot and June, ll.!i5sia.25c; July. August and September, 11.05 12.20c. Lon don, easy; spot. 54 lis- 3d; futures. 55 3s d. Arrivals reported at New York. 00 tons; Custom-House returns showed exports 1 2401 tons, making 17.550 so far this month.' Lo cal dealers quote lake copper, lje-'i-a 12.S744c; electrolytic, 12.25(812.50; casting 12.124412.3744c. , , Tin. quiet; spot, 32.50 32.75c; June. 32.55 32.70c; July. 32.40tfj.32.55c; August and September. 32.35(5 32.5oc. London, llrm- spot 148 5s; futures, 140 2s 'Od. ' Lead, quiet; spot, 4.45-4.50c New York 4.17 44 4.20 4o East St. Louis. London.' 12 5a. Spelter, quiet; 5.40 5.55c New York- 5 B.C2 44C East St. Louis. London 22 us. Iron, lower, at 4Ss 10'4d for n.vinH warrants in London. Locallv Iron was quiet No.. 1. foundry northern. $16.50lu.75; No.' - nunntra, i D u (J 'B 1 0-Zo ; No. 1 southern soft. $1G.2516.75. - - . ' Coffee and Sugar. ' vv l uki, June 27. Coffee closed steady, net five points lower to flv nnint. higher. Mail advices from Havre stated that an announcement had been made there that 50,000 bags of valorization coffee had been uuia in mis country, sates lor the day were , . -t, uuu ana JUlv, .5jc; August, 8-05c; Septen.ber, . October, November and December. 6.70c; January' fl.T2c; February, 6.7He; March, 8.74c; April", 6.75c; May, 6.77c Spot coffee, stenrlv No. 7, S 5-10c; No. 4 Santos, 0c. Mild coffee, quiet. Cordova. 94it12ic Raw sugar, firm; Muscovado, SO test. i-eiiLiiiiiHii. ith- iijiit, 4.'4c: mol sugar. 8! test, 3.4!c. Refined. ntcady crushed. 5.S5c; granulated, 5.15c; powdered' Dried Fruits at New York. - -Nh,w YORK. June 27.,-Evaporated ap ples, quiet. Spot fancy, lOU fc' 10-Ti c; choice. Kffi84s,r; prime. 77 44c; common to fair (i'fl04.c. Prunes, steady, with a fair J-.hhing de- iimiiu n.r ins siiiH.il stucKs. , wuotHtluns. 3 to O'.c for California up to 30-4Os and 4 44 ft 04c for Oregon. " - Apricots, in small demand and prices barely steady; choice, l 44 f 1 0 14 r ; extra cnoiet. ii''ti-iic: rancy, io-si W' 12 c Peaches, dull and prices almost nominal : :- "! o c; t-itra cllQice, 7&74io fancy. 7HTKc. Raisins, quiet and steadv: !ors mn.,.iis 3i4$i⁣ choice fancy seeded. - 4 ot c: set'dless, 34 df 4.44c; . London layers. S1.20iri Minneapolis Grain Market. MINNEAPOLIS. June 27. Wheat July. i.iid,, oeptemoer. si.u tjil.o 14 Decem- uei. i.j. Lasn: .o. I' hard. $1.14'44- 4 1 Northern. $1.131.14; No. 2 .Northern 81-llSi 1.12 ; No. 3 Northern. $1.0S j 1 10 li' . Flax Closed 82.15. ' - " Corn No. 3 yellow, 55ff?56c. Oats No. 3 white. 374439i.c.: - Rye No.. 2, 70 73c. v Visible Supply of Grain. NEW ' YORK. ' June 27 The visible sup ply of grain in the United States Satur day, June '25. as compiled by the New York Produce Exchange was: - Bushels. Decrease. corn 5.14.0rto - r.i.ooo Oats 4.702.O0O 552.O00 Rve 406.000 41,000 Barley ........'...; . . . 1,448,000 lsi.uoo Increase.. . The visible supply of wheat in Canada last Saturday was 4.K26.000- bushels, a decras'e of 314,000 bushels. . HOGS AT TEN CENTS Another Advance in the Local Market. DEMAND EXCEEDS SUPPLY Large Run of Cattle and Sheep. Former Hold Their Own, Juut the Tendency in tlre'T.alter Line Is ' Easy. There was a big run of livestock at the North Portland yards yesterday and a demand- strong - enough to cle-in up practi cally all the offerlnsrs. The feature of the trading was the ad vance in hogs to $10. The hog market haa been strong throughout the mcnth and has shown a steady tendency to advance. Three lots changed hands yesterday at $10 and sev eral others at $0.85. In other respects, prices were about the same as last week. The undertone of the sheep market was easy, because of the hedvy offerings, but cattle held their own In a steady way., ' Receipts over Sunday were 608 cattle, 320 calves, 1078 sheep and 058 hogs. Shippers of the stock were: Turner Strickland, of Hermiston, one car of calves; Clark H Son, of Arlington, two cars of cattle and hogs; J. H. Phliman. of The Dalles, one car of cattle: W. H. Fields, of Idaho Falls, three cars of hogs; C. F. Walker, five cars of cattle and calves from Enterprise and Joseph; McKJnnon & Chand ler, of-Enterprise, four cars of cattle: R. J. Caraner, of Heppner. one car of cattle; Charles HowelU of B lakes, one car of hogs; C. T. Bauman, of Baker City, one car of cattle and calves; Thomson & Co., of Baker City, two cars of cattle; C. Mathews, of Pilot Rock, two cars of sheep; W. I. Dish man, of Gazelle. Cal.. two cars of calves; George Kohlhagen, of Roseburg, three car of cattle; McFadden & Barclay, of Junction City, eight cars of cattle, eheep and hogs; C. Lleser. of Eugene, one car of cattle; G. E. Rogers, of West Sclo, one car of sheep, and F. W. Williams, of Junction City, two cars of sheep. The day's sales were as follows: Weight. Price. 40 calves ....... 21 calves ....... . 5 calves 52 sheep . ...... 252 sheep ...... 783 sheep 3: sheep ....... 24-J sheep 243 sheep ....... 54 lambs ........ 1 bull 1 bull -14 cows .... . . . . 12 mixed rattle . 20 mixed cattl-3 .. 2 sttera 1 o steers 10 steers 238 hogs 1 hog 38 hogs 74 hogs ........ 2 bulls .....i.. 1 bull 1 bull 24 calves ....... 8 cows ........ 3 cows ........ 21 steers 20 steers ....... 2 bulls . . , 2 bulls 6 steers, stockers 1 steer m ; . . 1 steer ......... 116 calves ....... 13 steers 12 co.ws ........ 1 cow . . 15 calves 48 calves 3 calves ....... 3 calves . . y. . . SO calves ....... 4 calves ....... 1 calf ' 80 calves ....... 1 4 sheep ....... 25 lambs ....... ITS S'i.OO 307 4.00 .!2 110 HO 0(1 1O0 IOI 5 SO 1620 S0 .1000 860 W3U .... 1025 1023 051 100 170 ........ 145 201 . . . . . .1900 . 1426 800 206 004 .- 70)1 . . . i. . . .1050 900 1 2(l.- 1035 707 1000 1240 ISO .1120 0:12 . .. .v. . .11 10 . i 300 227 243 143 177 100 26 2O0 DO . 67 63 130 3.00 4.40 4.40 4.40 4.50 4.00 4.50 5.00 3.75 3.25 2.75 3.50 3.50 5.00 5.25 4.50 ..-. 8. 00 0.05 IO.OO 3.5U 3.75 3.23 D.00 3.10 S.50 4.25 4.25 3.50 3.50 3. 50 4.00 5.00 6.50 5.43 4.50 4.00 B.50 B.7.-1 6.75 .7r. 6.65 0.75 4.00 5.O0 5.75 lot lambs ........ 32. hogs ........ u.oo 0.00 82 hovs 208 14 hogs 81 hogs 23 hogs Prices stock at lows: 213 1O.0O 200 10.00 : . ... ..y 241 0.85 quoted ' on the various classes of the yards yesterday were as fol- Beef steers. good to nhoi.'-e California 8 Cn0$ 5.75 Beef steers, good to choice Eastern Orespn and Valley B.40f?: 5.60 Beef steers, fair to medium. .. . 4.25 fijl 4.73 Cov.-s and heifers. good to choice 4.50 5.00 Cows and heifers, fair to me dium t 3.73ig4.25 rsuus Stags Calves, light Calves, heavy Hogs, top 1 Hogs, fair to medium Sheep, best wethers ...... Sheep, best ewes ......... Lambs, choice Lambs, fair .............. . 3.00(j(4.OO 3.50?i 5.00 41.75 4.00 ft) 6.00 O.OO'-gJ lo.OO 8.50(5i) 0.40 4 405T 4.60 4.O0 C 4.25 3.50tj 6.00 4.7o(S 5. Bastern Livestock Markets. CHICAGO. June 27. Cattle Receipts es timated at 22. OOO; market weak to 10o low er. Beeves. 5.25y. 8.50 : Texas steers, 80. 30 (O'o.-j'i; western uteers. $o..jwi.u; stockers ana ieeaers. zj.tosi.45: cows and heifers, $2.00(36.70; calves. $88.5o. , Hogs Receipts estimated at 33,000- mar ket 5(10c lower. Light. $3.30a;9.60: mixed. $0.1519.55: heavy. $S.S5o0.40; rough, $8.85 (tiH.00; good to choice heavy, $9.0o0 40; pigs, 89.15U.OO; bulk of sales, $0.35r 0.45. eneep neceipts estimated at io.OOO- mar ket steady. Native 82.75(&4.S0; Western. $3 (w--.o.. ycunuiBa, fj.-jrao-xn; lamDs, native, S4.75I&.7.90; Western, 5(g)7.50. KANSAS CITY. June 27. Cattle Receipts ivw; ma me t steauy. native steers, $o.2u(J 8.35; 'native cows and heifere, $2.757.25; stockers and feeders. $3.50ra6: bulls, $3.25 5.75: calves, S4&7.75; 5 Western steers, JJly) 8: Western cows. $3firG. Hogs Receipts 500O: market 5c lower. Bulk of sales, 80.25 9.40; heavy, $0.15(g 9.30 ; yacuriB aim uuicuers, tif..u UL V .Jo light SaKO-Sa-tO; pigs, $8.TS9.10. Sheep Receipts OOOO: market steady. Mut tons. 4'9 o; lamos. o u i.oO: led wethers ana yearlings. 4..raa.7v.; rea Western ewes, 8404.75. OMAHA. June 27. Cattle Receipts 3800: market slow, loc lower. Native steers. 84-30 $?7.75: cows and heifers, $3&5.75; Western steers. 83-25W0.25; cows and heifers, $2.75 (6 5.50; canners. $2.n0(&3.75: stockers and ieeaers, 3'gi0.oo; calves, S3.50ia7; bulls, stags, etc., $3.25(&5-50. Hogs Receipts 320O: market lOo lower. Htavv. SOU 0.20: mixed, so. 10i0 -o- SoOfSOO; pigs. 884i0; bulk of sales. $0.10 OO.'JO. SheepReceipts OOOOr market slow and lower. leanings. 4.y4s.'.7o: wethers. $44 0.75; ewes. $3.75(if 4.45; lambs. $0.507.50. BEAR RAID U STOCKS ORGAXJZED PARTY MAKES AX , ATTACK OX PRICES. Xo Actual Xews to Warrant the De clines- Railroad Officials Tit-port Good Volume of Traffic. NEW YORK.- June 27. The stock market underwent a mood o depression again today and prices were subjected to a severe shrink age on a smallness of actual transactions out of all proportion to the amount of the declines. - The crop news was not bad and It was necessary to turn to otner fact-irs in the effort to fathom the object of the nciknm of the market. There was suspicion of a concerted attack by an organized bear party - ' r" . . ausiJiva. toe appearance, early in the day. of a rumor that T x Morgan had died suddenly, which wa fol- lowea snortiy Dy Mr. Morgan s eppearance at his office to give himself to hn.ln... tivities. did not allay this suspicion. The oisprooi ot tno rumor aid not, however, re vive the market. Mr. Morgan's appearance In Wall street was cited, in another way, as an explana tion of the market's weakness, as due to aiaappointed speculators who had waited on his return from abroad with the idea that it would foment an active period of rising prices - of stocks. The grounds on which this supposition had been formed were the reports that he had enlisted large amounts of foreign capital in the purchase of American securities, that he had se cured an agreement with foreign copper producers to co-operate with American pro ducers in curtailment of output and that he naa assured the listing ot United States Steel on the Paris Bourse. From these re ports and from the diligence of his bank-ins-house in getting assent ot freight ship pers to the advances In rates asked for by the railroads, it had been inferred by some speculators that the Morgan party was look ing to higher prices for stocks. . Out of this situation an advantage Is supposed to have been sought by a "beat" party to press an attack on the market. - Another explanation put forward as a reason for the weakness of the market was that a remnant of liquidation of some large estate holdings of important stocks was in progress and that banking interests were disinclined to attempt a support of prices while this was in progress. Outside of pure conjecture there w-as not 'much to throw light on the pressure of stocks for sale and the tack of demand. Railroad traftic offioers reported a well sustained volume of business and a hopeful sentiment on account of confidence that rate increases would be allowed. The call money market showed no dis turbance from the approach of the July settlements. Private discount rates were easy in London and Berlin ar.d the official discount rate of the National Bank of Bel gium came down to 3 V4 per cent. Foreign exchange rates in New ' York, however, turned? upward rather sharply. The ex tension of time allowed for 'payment of the corporation tax to July 10 relieved, the money market of one requirement for this week. The severity of the day's declines gave rise to uneasiness, but speoitic rumors, even of financial difficulties, were not heard. The stocks of railroads in the group controlled by the interest most active in recent -deals and the readjustment of relations were watched -with some special attention. Last prices were the lowest of the day. Union Pa cific and Reading showing losses of over four points, Chesapeake & Ohio 3 ',4, and the tctive list generally from 1 to 3 points. Bonds were weak. Total sales, par value, $1,850,000. United States bonds were un changed on call. CLOSING STOCK QUOTATIONS'. Closing Sales. High. Low. Bid. Allls Chalmers pf. 400 31 31 29 Arr.al Copper .... 40,700 64 '4 M 61- Am Agricultural .. 300 42V4 42 S 42 Am Beet Sugar .. 500 34Vi 33 32t4 American Can .".00 0 0 9 Am Car & Fdy .. 1.4O0 .Mi 53 52 '4 Am Cotton Oil ... 1.1O0 62 61 61 Am Hd & Lt pf. 600 32 3114 3114 Am Ice Seouri .. 000 24 24 23 Am Linseed Oil 12 Am Locomotive .. 000 42 41 40H Am Smelt A Ref. 17.500 e 7214 "2rs do preferred ... . 400 103 102 102V4 Am Steel Fdv ... . .IOO 54 52 14 62 Am Sugar Ref .. 1,400 121 V UU!s 110 Am Tel & Tel 2o0 136 -135 131T4 Am Tobacco pf.i lt 05$4 95VJ ; 0:1 Am Woolen 200 31 80 31 Anaconda Mln Co. IkiO ' 38 38 38 Atchison 15,40 1'3 . lol ,(, IOI Vi do preferred ... 2O0 3 02 is 1021-j Kl:Ji Atl Coast Llne..w SnO 115 115 116 Bait & Ohio 4.SOO 1104 lo lo9Vi Bethlehem Steel 24 Brook Rap Tran. . 12,600 78 76 76 Canadian Pacific .. 2.5oO . 193 101 loi Central Leather .. 10,00 37 35 35 do preferred . . . 0o0 106 105 105 Central of N J. ... ' 30O Chejs it Ohio.. fl 1,900 SO 768 7614 Chicago & Alton 30 Chicago Gt West. 700 26'i 26 26 do preferred ......... 48 Chicago 4 N W ... 2,600 146H 145 143 C, M & St Paul.. 21.5O0 125V4 122S4 12214 C. C. C & St L 2"0 8O 701a 79 Colo Fuel & Iron. 8O0 3514 34 33 Colo Southern 56 Consolidated Gas.. 21,100 138V4 133 133'4 Corn Products ... SOO 14 Vs J4?J 1414 Bel & Huln ... 3(o 165 164 16214 1) & R Grande ... tK'O 34 S3 33 do preferred . . . ih - 76 75- 75 Distillers' Securi .. St "SO 29'i 29 Eric- 2.7oo 26 25 ! 25 do 1st preferred. 400 4414 -131- 43 V4 do 2d preferred.- 2"0 34 33 32 General Electric .. 1.000 144 .13 142 (U Northern pf ... 12.OO0 130 12714 1274 Ot Northern Ore.-.. 2.2'0 BO &H.4 06-1 J Illinois Central ... 20O 13214 1.12 " 131V Interborough Met.. 5.2O0 19Vi 18 18 do preferred ... 3,500 52H BO 40 Inter Harvester .. 1.500 07V4 06 Inter-Marine pf .. - . 16 Int Paper ..... . ." . . . 11 Int Pump oo 45 4314 43H Iowa Central .... ' loo 18 18 17Kj K C Southern 300 31 31 307 do preferred - 23 Laclede Ga J. 1O0 10214 loO IOO IxniiHvllle & Nash 1.40O 14"4 14414 144 M. St P & S 3 M. 20O 137 Vi 138 135 Mo. Kan & Texas 7.100 . 3714 35 - 2514 do preferred ,.. 200 67 67 66 Missouri Pacific . . 2,000 67 65 5 National Biscuit H0714 National Lead ... 1,300 74 72 72.j Mex Nat Ry 2d pf 2614 N Y Central 8. OOO 117 11414 114 N Y, Ont & West. 1.200 44 43 43 vl Norfolk & West. 1.70O 10014 0014 0914 North American .. IOO 6SV1 6V 6814 Northern Pacific .. 8.2O0 123V4 123 . 123 Paciflo Mall .- 27 Pennsylvania 14.200 132 13014 130U People's .Gas ..':.. 1,700 lnt lo5 105V4 P. C C & St L SOO 08 971-j 87 14 Plttfburg Coal 2.;0 18 17 17 Presssed Steel Car. . . ..... 34 14 Pullman Pal . Car. 100 157 157 155 Ry Steel Spring . . . .' 38 Reading 161. OOO 155', 15 150 Republic Steel .. OOO 32V4 32 31 - do preferred ..... 91 Rock laland Co.. 17,700 36 3714 37 do preferred . . . SOO .82 80 80 S L A S F 2 pf . 2,700 44 42"4 42 St L Southwestern 2oO 32V4 32 Sl do preferred ... 400 76Vt 75V4 75 Sloss-Sbeffield .... 21 68H 68Vi 68 Southern Pacific ... 47.400 122 118 11874 Southern Railway. I.20O 25 25 25' do preferred ... OoO 60 0814 58'A Tenn Copper 600 2414 2314 23 Texas & Pacific.. 7f0 91.4. .28 14 28 Tol. St L & West. 300 2314 22 22 do preferred ... 2oO 51 61 50'4 Union Pacific ... 10,900 171 106 166 U S Realty 75 U S Rubber ..... 6O0 4014 30 39 U S Steol 177.600 7754 74 74 do preferred ... 9,:"0 11614 11514 11514 Utah Conner 8.200 43 41 U, 411. Va-Caro Chemical. 5.400 f.9i4 5714 57 14 Wabash 5iO - 19 18 18 do preferred ... 4.SOO 4314 4014 4tPj western sua in 44 44 44 Westlnghouse Elec 30O 62 62 62 Western Union ... 500 64V4 6314 63 Wheel & L Brie.. : 3 lotai saie9 ror tn oay, T03.4OO shares. BONDS. KBW YORK. June 27. Closing quotations: U. S. ref. 2s reg.l00'N. Y. C. g 8s..87B do coupon i,.100i4 No. Pacific 8s... 70B u. . as res) -iuiiano. pacific 4s... 10014 do coupon .. .101 U (Union Paoific 4s.lo0 TT 43 now Am re 111 X I W I u i-an-ai i.v- ... . . do coupon .. .114 14 'Japanese 4s ..... 90B D. R. G. 4s... 3B .- Money. Exchange, Etc. NEW YORK. June 27. Prima mercantile paper. 45 per cent. Sterling exchange firm, with actual busi ness in bankers' bills at 84.8450(4.8-155 for uu-uay 011 us, ana at 4.?i.sa ror demand. Commercial bills 84.83 4.84. Bar silver 5314 c. Mexican dollars 14c. ' Bonds Governments. steady: railroad, weak. Money on call firm. 2(&3 per cent; ruling rate. 2 74: closing bid. 214: offered at 214. null ileitis a Buaue strong; XI aays. 3 pet cent, and 90 days, 3 per cent; six months, 414 per cent. LONDON. June 27. 21 ll-16d per ounce. Money. 2 per cent -Bar silver, steady at The rate of discount in the open market for short bills is 214 per cent; do for three months Mils, 2 1s per cent. Consols for money, S'2 ; consols for ac count, 82. SAN FRANCISCO. June 27. Silver bars 53 '4 c. . Mexican - dollars. 45c Drafts, sight. 2c: telegraph. 5c. Sterling on London. 60 days, $4.4S- do sight. $4.86. Daily Treasury Statement. WASHINGTON. June 27. The condition of the Treasury at the beginning of business today was as follow: Trust funds - Gold coin $802,121,860 Silver dollars ,. 487.f.i:looo Silver dollars of 1800 3,08l.0oo Silver-certificates outstanding... 487,666000 General -fund . . Standard stiver dollars in gen eral fund 4.527.2S" Current liabilities 07.501.1 66 Working balance In Treasury of - fees 20.058.345 In banks to credit of Treasurer of the United States 40.259.306 Subsidiary silver coin , 20270000 Minor coin 1,012,'oso Total balance in general fund:.. 82960.480 Rein firm Vwln.. nlu-....n. BRUSSELS. June 27 The rate of dis- ' count of the National Bank of Belgium was I reduced to 314 per cent today. Wool at St. Louis. ST.' LOUIS. June 27. Wool Steady. Ter ritory and Western mediums. I7i22c- fine mediums. lC4H7c; fine. 12rl4c. Hops jst London. LIVERPOOU June 27. Close- Hone in 1 London (.Pacific Coast). 3 5a44 5s. OVER DOLLAR MARK Wheat Prices Still Advance at I Chicago. DRY WEATHER NORTHWEST Excited Btiylns in the Last Few Minutes of the Session Weekly Statistics Are Bullish Coarse Grains Close lower. CHICAGO. June 27. Dollar wheat fascin ated speculators today. Every future deliv ery of the. grkln closed here this afternoon above tha dollar mark. Befote the begins ning of alarm about the effect of drouth on the Spring crop, the price was in the eighties well under 90c a buBhel. Late trading was at nearly the top figures of the day and showed a net gain op 1 to 214 c. as compared with Saturday night. : in de cided contrast, corn finished e to JSlliO down, and oats H&c to toc. It was a ragged wind up in provisions all the way from 21i u oc decline to 2ic advance. The most excited buying of the session came in the last 15 minutes, wnen all wheat months went over the dollar level. . Open ing with a sharp rise, due to a dry map Northwest, the market more than lost all the gains. The reason was Jront-talttng. but the strength returned.- Liverpool was reported as taking a serious view of the crop situation on this side. A sudden bulge in quotations at Winnipeg aaaed to tne bullish tension. The visible supply showed a larger decrease than expected, and the world's shipments were below the estimated weekly requirements. Shorts sold early, out were all covering later on. September ranged from 9814c to $1.0014 and closed lo to lc up. at 81.00. The July option dropped to discount under September today. showing, with the cash delivery, the effect of the coming movement ot new wheat. Corn prices broke because of good rains n Illinois, Iowa. Missouri and Nebraska. September fluctuated between 50 14 t 60 14 c closing c off, at 6014 c. Feeling in the cash market waa weak. No. 2 yellow closed at 00 14 (ii 0 1 c. Oats had a hard setback, due to wide spread rain. Price variations for the Sep tember delivery stopped at 35;c and 30o- wlth the finish at 38 c, a net loss ot &c. On light trade, provisions ranged lower most of the day. Final quotations were un changed to 25c higher for pork, up a shade to 5c down for lard, with ribs unchanged to 2 14 Be off. ln leaning futures ranged as follows: WHEAT. Open. 8 .99 -99 1.00 High. $1.00 1.001, L02 Low. I .98 9SVa .99 Close, f 1.0014 1.00 101 July. . Sept. . Deo.. . July. .59 .6014 .59 .591, .60 1 .59 -K8 .691s .68 Sept. Dec . . .SOI. -08 OATS. .39 .39 .39 .39 .39 .." .40 : MESS PORK. July.". .38 14 .38H, .38 .8914 .38 7, -39 23.65 22.50 Hept. . Dec. . July. . Sept. . 23.10 22.45 23.65 22.55 23.10 22.40 LARD. 11.40 1S.4214 11.35 12.43 W July. 13.40 12.85 12.4214 11 40. Sept. SHORT RIBS. -12.7714 . 12.92 12.75 12.421,4 12.47U 12.40 July 12.9214 12.45 Sept Cash quotations were as follows - Tlour Firm. j ' Rye No. 2. 74 (5 76c. Bai-ley Feed or mixing. 48&-56c; fair to choice malting. 59fi'64e. Flax seed No. 1 Southwestern, $1.06; No. 1 Northwestern. $2.16. Timothy seed $4.50. Clover 811.50. Pork Mess, per barrel, 823.75 9 2S.87 14. Lard Per 100 pounds, 12.471. Short ribs Sides (loose). 313.12 14 13.50. Sides Clear (boxed;, 14& 14.25. Grain statistics: Total clearances of wheat and flour were equal to 123.000 bushels. Primary- receipts were 687.000 bushels, compared with 287. 000 bushels the corresponding day a year ago. The visible supply of wheat in the United States decreased 958,000 bushels for the week. The amount of breadstuff on ocean passage decreased 1.400.000 bushels. Kstimated receipts for tomorrow: Wheat. 18 'cars: corn. 301 cars; oats, 1008 cars; hogs, 14,000 head. . Receipts. Flour, barrels ......... 16.500 Wheat, bushels 14,400 Corn, fushels ..272.800 Oats, bushels ...169.200 Rye. bushels ....... . . .. 1.0 00 Barley, bushels ........ 49.500 Shipments. 24.800 8.800 262,900 . 58.100 5,400 Grain and Produce at New York. NEW YORK. June 27. Flour Firmer. with a moderate trade. Spring patents. $5.30 5.0O; Winter straights, 4.S3(&.4.45; Spring clearances, st.zo'g .rvo. Receipts, 13,400 bar rels. Shipments, o71 barrels. Wheat Spot, firmer. No. 2 red. $1.07 nominal c, 1 f.. to arrive elevator: No. 1 Northern. $1.26 nominal f. o. b. to arrive. Wheat futures were rather quiet, but the undertone was firm on small offerings and moderate buying on further bullish crop reports from the American and Canadian Spring wheat sections. .The closing waa 1 mAi 11 -c net nigner. .as Follows: July. $1.07; September, $1.06; December. $1.07. Receipts, 32,800 burhels; shipments, 15.40O bushels. Hops Quiet. ' Hides Weak. - Petroleum -Steady. Wool Quiet. Grain mt San Francisco. SAN FRANCISCO. . June 27. Wheat Steady. Barley Quiet. Spot quotations: Wheswt--Shipplng. $1.40(911.45 per cental; Barley Feed. 97c!&$1.00 per cental; brewing, $1.01 14 1.10. Oats Red. $1.15 (S 1.27 4 per cental; white, $1.421.4714; black, nominal. Call board sales: Wrheat No trading. Barley December, $1.0214 per cental bid $1.02 asked. Corn Large yellow, $1.53 1.55 per cen tal. European Grain Markets. LONDON. June 27. Carsoea firmer Walla Walla for shipment. 6d higher, 33s 6d to 34s. English country market partially 6d dearer. French country markets, quiet. LIVERPOOL, June 27. ClosetWheat July. 6s 7d; October. Cs 9d; December, 6s 10"d. Weather overcast. Duluth Max Market. n'U'TH. Tunx 27. Flax on track nnd in Bonds Investments Umber Lands McGratb & Nenhacsen Co. 701-2J4-S Lewis BHj. FCSILANfll - CSEGON Lumber mens National Bank CORNER FIFTH AND STARK STREETS PORTLAND, OREGON Capital OFFICERS. O. K. Wentsrortk President John A. Keating. Vlce-Prealde-nt Geo. JU McPheraon. . .Vice-President H. D. Story... ! '. . . . v. Cashier F. A. Freeman. . . . .Assistant Cashier Graham Dnkehart.. Assistant Cashier THE BANK OF CALIFORNIA NATIONAL ASSOCIATION OF" BAN FHACISCO FOUNDED 1S64. Capital Paid in . . . . Surplus and Undivided Profits BRANCHES .7 Portland, Seattle, Tacoma, and Virginia City We buy and sell Forelgrt Exchansre: issue Drafts and Cable Transfers, Commercial Cred- its and Travelers' Letters of Credit, available -" in alL parts of the world; make collections on " all points and conduct a general foreign and domestic banking business. . .MEREST PAID OX TIMES AM) SAVIXGS DEPOSITS.. . PORTLAND OFFICE ; Chamber of Commerce Building THIRD AND STARK STS. ., . WM. A. MAC RAE. Manager. j. T. BIKTCHAELL, Asst. Manager. irst National Batik Capital $1,500,000 Surplus 750,000 Oldest National Bank West of the Rocky Mountains arrive. $2.16: July. $2.10 asked; September, $2.01: October. 1.89i,fc asked. tiraln Markets of the Northweet. SEATTLE. June 27. Milling quotations: Blutstem. 85c: forty-fold. 8:1c: club. 82c; fife. &2c; red Russian. Sue Export wheat: Bluestem. 82c: forty-fold. 80c; club. TJc: life, 79c; red Russian, 77c. TACOMA. "Wash.. June 27. When? Ex port: Bluestem, 86c; club. 82c. Milling: Bluestem, Sic: club. 7Rc. Receipts: Wheat, 21807 property owners KNOW NOW many will learn, that B1TULITHIG Pavement has more sta bility, more real value than any other hard-surface pavement laid. PORTLAND, SEATTLE. SPOKAIVB, TACOMA. Dowmng-Hopkins Co. BROKERS Established 1803. Stocks Private Grain. Wins SO 1-2-3 Conch Bids;. TRAVELERS' GUIDE. HONOLULU And Back (First Class). 5 Days from S. K. $110 The splendid twin screw steamer SIERRA (10.000 tons displacement) sails July 9. July 30 and every 21 days. Round trip tick ets good for four months Honolulu, the most attractive spot on entire world tour. BOOK NuW and secure best berths. LINE TO TAHITI AND NEW ZEALAND. 8. 6. Mariposa and Union Line, sailings June 29. Aug. C. etc Tahiti ana back (24 days). H2b lirst class. New Zealand (Wel lington). $26.25 first class. R. T. six months. OCEANIC 8. 8. CO., 1Z Market Street. San Francisco. SAX FBAXCISCO PORTLAND SS. CO. New Hervlce to San Pedro Every 5 lmys. Krom Ainsworth Dock. Portland. 9 A. M. : S.S. Besm, July S- Bear, 7; Rose City IS. From San f'ranoisco for Portland. 11 A. M. 8.S. Bear, .Inly 2; Rose City, 6. From San Pedro, northbt-und. 8.8. Beaver. July Bear, IS; Rose City. 18 M. O. SMITH, C. T. A., 142 Third St. Phones: Main 402, A "!402. I. W. RANSOM, Aft-t Main 2S8. Ainsworth Dock. S. S. Golden Gate for Til lamook, Bay City and Garibaldi Leaves Wash.-st. dock Tuesday at 5 P.M. Preisrht and Passengers. Plione Main 8619, A 2463. $500,000 DIRFCTORS. 'G. K. Wentwortb Chas. S. Unssell P. S. Brumby Dr. K. A. J. Mackenzie . George G. Bingham Lloyd J. tVentwortU 4. K. Wheeler Geo. L. McPlierson John A. Keating Robert Treat Piatt 11. 1. Story $ 4,000,000 $11,300,436 TRAVELERS' Gl'lUK. ALASKA AND BACK IncludInK Berth and Meals ' SUMMER EXCURSIONS ' - via Smooth "Inside Passage Twelve delitrhtful excursions from Seattle to ALASKA and back cheaper than staying; at home. ... -r Don't wait until mtmammrm arm mold onff Writm o-aick for efefais and rotmrvation Pacific Coast Steamship Co. ' 249 Waahinrton St. PORTLAND Canadian Pacific Less Than Four Days at S21 Weekly Sailing Between Mont rail ' Quebec and Liverpool. j Two day on the beautiful Bt. Lawrence River and the shortest ocean route to a roD. Nothlnr better on the Atlantlo -than oar Empresses. Wireless on all steamers. 1'irst-clossa 9tfO. second $5L2o. ,ne class cabin 4J.C0. , Ask any ticket agent, or write for ail ing, rates and booklet, F. R. Johnson, Gen era! Agent. 148 laird St.. f ortlond. Or. COLUMBIA RIVER SCENERY Fast Excursion Steamer CHAS. R. SPENGER Leaves dally except Wednesday,.: 8 A. M..' fur Hood River and way landinsa and re turn leave Hood Klver, 2:30 P. M.. arrive Portland 8 p. M. StJNOAr EXCURSIONS. Leaves u A. M.; return.-. 5:30 -P. M. . First-class Meals S6rved . . Fare. One Dollar Round Trip. Dp-town Office. 00 0th St. Phones Marshall 10T9, A luos. - - Lanelng and Office, Foot Washington St, Phones Main 8619, A 2465. Lowest Kates to Picnic Parties. ' E. W. SPENCER, OWNER. Columbia River, 'Port land and Astoria Route Steamer Bassalo leaves Portland datly from Ash-street dock, except Sunday, at . P. M. (Saturday at 10 P. M.); -returning, leaves Astoria dally, except Sunday, at 7 A. M. Tickets interchangeable with steam er "Lurllne," which leaves Astoria dally, except Sunday at 1 P. M. ' - San Francisco and Los Angeles DIRECT North Pacific S. S. Co.'s S. P.' Roanoke and S. S. Klder sail every Wednesday alternately at 6 P. M. Ticket office 132 Third St., near' Alder. H. VOUXU, Agrent. Pbonea M. 1314, A 1314. COOS BAY ONE S-DAT SERVICE. ' Steamer Breakwattr leavea Portland 9 A. M., Jidi a. 14. Is. 23, 28 and every Ave days from Ainsworth Dock, for North Bend. Marshnetd and Coos Bay points.-- Freight received until 5 P. M. dally. Passenger fare, first-class. S10; second-class, it. Including 1-erlh and meals. Inquire City Ticket Office, 3d and Washington sts.. or Ainsworth Xock. Main 268. SEASICKNESS ; Will be prevented and relieved "by usina TOKIQl'K UAL IE MER. a sate and relia ble remedy. Take a bottle with you and In sure yourself all pleasures of an ocean voy age. Sold by leading druggists. Price 6 cents, or mailed, postpaid, by KEPTl'XE KEMEDf CO..; i : ole Manufacturers. - - - - -Phone Main 2307; A &b!S, Portland, Or.'