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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 27, 1910)
THE 3IOEMG OKEGOXIAV WEDNESDAY, JULY 27, liu. 17 SALE OF NEW WHEAT Bluestem Brings 90 Cents at Walla Walla. FOR IMMEDIATE DELIVERY Twenty Thousand Bnsiiels Are Pur chased for Shipment tb Tacoma. Price Said to B2 Above Market Value. The first sale of new crop vhat was re ported yesterday, twenty thousand bushels were sold at Walla Walla at 9u cents f. o. b. for early delivery at Tacoma. This price is equal to VH6 cents at tidewater. In the opinion of local dealers this figure is above the actual value of new wheat. It has been the belief lnthe trade that the mar ket would open at not over 05 cent's, the price at which spot bluestem. has been quoted, and it is believed that if any con siderable amount of new wheat were taken, it would be at or below the latter figure. It was said the purchase at Walla Walla yesterday was an emergency deal and the hl;h price paid was due to the scarcity of old wheat on the Sound or the refusal of holders of old wheat to sell. The farm ers are busy with their harvest and It is not likely that much new crop wheat will be offered for two or three weeks yet, hut when they begin hauling grain prices may recede unless the general situation is changed. It is understood there will not be the usual amount of money loaned by the bank on wheat this year, and for this reason 1t Is probable that more -wheat will be of fered for sale earlier in the saon than customary. i Oats and barley were quoted strong yes terday. The demand was good and offer ings were very small. Local receipts, in cars, were reported by the Merchants Exchange as follows: Wheat. Barley. Flour. Oats. Hav. llondav . 11 10 2 i7 Tuesduy- .... 19 2 1 4 Year ago 4 :t 3 r K.ason date. 2lH Hi 3tJ 4 4 3 29 Year ago... :i5 41 lnr 37 t3 Foreign wheat crop conditions are sum marized by the Liverpool Corn Trade News as follows: I'nlted Kingdom. The we:0tier during the past week has been unfavorable and the ll.int wants heat and sunshine. , France. Thti situation remains about the Fame as last week, with perhaps a slight Improvement ox a result of more favorable weather in parts. The wjlook on the whole Is unsatisfactory and reoem rains have ie Inyed harvest and damaged wheat already iJt. Germany. The out look for wheat is fa vorable, but complaints are heard regarding other crops. Hungary. The weather is favorable and thresh lug returns indicate a good yield. Kounmnla.- The wearher has been rainy and thin hn hindered threshing. The ' yield 1 disappointing and the quality below nor ma 1. Hut? aria. Reports of damage are being run firmed as a renult of the recent rain t hfl t.Sl . Of fif in 1 rnnnrt Imwe v-ti- ilnta that the yield will be large. Italy. Harvesting in progressing slowly and the yield is disappointing. . ItUMsia. our agent reports that the crop in the southeast lias been severely damaged as a result of the drouth and th outlook 1h very poor. In the southwest the crop is rlow the average and in central districts much dumnge has been and is being done by heavy rains. I'Ol'I.TRY RECEU'TS ARE STII.I, HEAVY'. Hens and Springs Are Offered at the Sam Price. The large receipts of poultry yesterday came as a surprise to the dealers who ex pected that the decline in prices would cause a falling off in shipments. As a con sequence or the heavy arrivals the market dropped, hens seMlng as low as lflV cents. Springs were offered at J,he same .price and were even wMkir than hnn The egg market was steady, with the bulk of business in Oregon at 27 !& 27 H cents. Stocks of cheese are not larjre. The last Tillamook boat brought over S00 cases, but a good part of the shipment went to the Sound. There was no quotation under 17 W cents. Butter was firm and unchanged. MELONS AM) CAVTALOITKS PI-KXTIFt t, Market Overstocked With Poor Quality, t-oofl lVa-hes Firm. Front Mreet was heavily stocked vester riay with cantaloupes and watermelons, many of them, however, of poor qualitv. Some cantaloupe sold as low as $1.;0 per crate, though good stock brought $3 and sj.-'a. .Melons ranged in price from SO cents to pr hundred. The peach market was firm for good ptock. ( 'alifornia free stones were In light supply, but there were plenty of Oregon a of lower quality. Other fruits were fairly plentiful. New York Hop Firm Incorporates. Notices nave been sent to the hop trade of the incorporation of the business of l.lllenthal Bros., of New Y'ork, under the title of l.lllenthal Bros.. Inc. The business wtll be conducted on the same scale and principles of heretofore under the manage ment of the officers and board of directors. The officers nf the company are: Albert M. l.lllenthal. president; Jesse W. LUienthal, vice-president, and Morris Hartlg, secretary and treasurer. These officers and Jonas Lippmann comprise the board of directors. Beet Sngrar Seanon in Kurly. The beet sugar season is having an early start. The Sacramento Valley Sugar Com pany, of Hamilton City, Cal., has com menced operations and is now shipping sugar, making the first shipment six week earlier than last year. Owing to the in- " aerrgw. me company expects o put out about Soo.ooo bags, the bulk of which will be sold in Northern California, in Oregon and In Southern Washington. Bank Clearing. Bank clearings of the Northwestern cities yesterday w er as follows : Clearing. Balances. Sl.44d.07:; 1.-2.7:i2 l.7so.;;js 117. l.(47,40 i2.;i7u 0ii2.7;.2 U-.OoJ Portland Seattle .. Tacoma Spokane PORTLA.NI MARKETS. '--"-v t lour. Feed. Etc WltKVT BHiestem. If.e: ciuh, S7$?SSc' red Russian. Stic; Valley. SRc. FTaM k Tatcnts. $.Y33 per barrel' trnights. $4.aa4.i5; export. M ; Valley. 53.40 cjra;. am. f,.; w hole wnet. quarters. $S.2o. JiAlU.fcl Y Feed and brewing, $24. 5t per ton. HAY Track prices: Timothy. Will. met: alley. isr lc per ton: Kastern Oregon.' i0(.-c; altaUa. new. J1314 CORN Whole, $;i2; cracked. $33 per ton. ju Silfis Ulan, 20 per ton; mld d'in. .iu, short.. ltt -C; i rolled b&risy $2A2C. OATS Xo. I white. l-JfUj 30 pcr lon Dairy and Country Froauce. BUTTER City creamerv. extras. Z"c fancy ouulde creamery, sisao per pound" tore, 2.1c; butter fat. ;.;,c. Fms Oregon candled. ;6 v, v 2" Uc pcr doxen. l 71 v CHEESE Full cream, twins. 17Nc per pound: Young America. ISSo si,VIiTKi; "rM- lri7c: Springs. 17 xlSc; ducks, loc; secse. H..,iiic; turkevs lie iSSt 2oc; dr-ased. Hwiic; squabs, 'sj per doxeu. PORK-Fanry. UUr!Sc per pound -MS A I Fancy. 12wl2t,c per pound. GnietriM, Dried Fruit. Etc DRIED FRUIT Apples. 10c per pound peaches. 7o; prunes. Italians. 4$Sc; prunoa French 4Q$c; currants. 10c; apricots, 1&C: dates. 7c per pound; figs, fancy whit. ic fancy black, 7c: choice black. 6 He fcXI-Mu. Columbia, Rivsr, 1-pound tall. $2 per-doxen; 2-pound tails. $2. 5; 1 -pound-flats. $2.10; Alaska pink, 1-pound talis, 8O0; red, 1-pound tails, $ 1.45; soclteye. 1-pound tails. X . COFFEE Mocha, 24?28c; Java, ordinary. 17 & 20c; Costa Rica, fancy, 18 -20c; good, 16&lSc; ordinary, lXlttc per pound. NCT3 Walnuts. 13c per pound: Brazil tout. 13&15c; filberts, i$c; almonds, i7os pecans. lUc; cocoanuts. 90csi per dozen. -SALT Granulated. $15 per ton; naif ground, 100s, $10.50 per ton; 50s. $11 par ton. , BEANS Small white, 5c; large white, c; Lima. Go pink, 7c red Mexicans, Tfcc; bayou, 7 c RICE No. 1 Japan. -4 He; cheaper grades, S3.504.55c; Southern head. 5 7c HOMEY Choice, $3.5, 3.i0 per case; strained. 7c per pound. SUGAR Dry granulated, ruit and berry, $6.25; beet. S6.05; extra C. 3.7o; golden C $5. Go; yellow t. $3.65; cubes (barrels), $5.65; powdered, $6.50; Domino. $10.40& $10.VK per case. Terms on remittances with in 15 daya deduct per pound- Jf later than 15 and within SO days. - dect feo per pound. Maple sugar, 15lSc per pound. Vegetables and Fruits. GREEN FRUITS Apples, new, $1,35 9 2 per bos; apricots. 5oSa $1.50 per- box; plums, &oi -$1.23 per box; pears, $2.25 per box; peaches 50c & $1.25 per box; grapes, $1.75ta.25, . BERRIES Blackberries, $1.40 1.30 per box. MELONS Watermelons. SQcfr$1.25 per hundred ; cantaloupe?. $10$t 3.J5 per crate. TROPICAL. FRUITS Oranges. $4 4.50; lemons, $7 S; grapefruit, $3.25 Q 3.5 per box; bananas, 5Hc per pound ; pineapples, 6c per pound. VEGE fABL.ES Artichokes. COd73c per dozen: beans, 3g5c per pound; cabbage, 94 2c per pound; cauliflower, $1.50 per doz.; celery, 90c per. dozen; corn, 45) 75c per dozen; cucumbers, 50c per box; egg plant. 12c per pound; hothouse lettuce, 50cg!$l per box; garlic, S10o per pound; horserad ish, 12Hc per pound; green onions, 15c per dozen; peas, 5c; peppers. 10 12 hko per pound; radishes, 15$2uc per dozens rhu barb. 2c per pound; squash, 50c per crate; tomatoes, $1.2-5 per box. SACK VEGETABLES Carrots, $191.25; beets, $1.50; parsnips, $11.25; turnips, $U POTAITOBS New, lAc per pound. ONIONS Walla Walia, $2.50 per sack; Hood River, $2.25 per sa,ck. lro visions. HAMS 10 to 12 pounds, 22c; 12 to 14 pounds, 21fec; 14 to 16 pounds, 2lc; is to 20 pounds, none ; skinned, 2Jc; picnics, 15c; cottage roll. I8c BACON Fancy, 30c; standard, 29 He; choice. SSHc; English, 2o&25fec. SMOKED MEATS -iieef tongues, 75c; dried beef sets. 22c ; outsides. 2oc ; ins Ides, 23c; knuckles, 22c. DRS SALT CURED Regular short clear, dry salt, 16c; smoked. 18c; backs, light, salt, 16Vc; smoked, lSc; backs, heavy, salt, 16c; smoked, 17 &c; export bellies, salt, 17c; smoked, IS Vic, PICKLED GOODS Barrels, pigs' rest, $16; regular tripe. $10; honeycomb tripe, $12; lunch tongues, $22; lambs' tongues. $40, LARD Tens: Kettle rendered, 16c; standard pure, 15 c; choice, 14 c; shorten ing. llc Oils, LINSEED OIL Pure raw in barrels, $1.01; kettle boiled, in barrels, $1.03; raw, in cases, $1.06; kettle boiled, la cases, $1.08. Lots of 250 gallons, I cent less jer gallon TURPENTINE In caaea, b2; :n wood barrels. 7Hc, COAL Oil, Water v white in drums, iron white in drums or iron barrsls. 14c; union kerosene in cases, 2-5s. 2Sc; oleum kero sene in cases 2-6s,- 21c; Aurora, kerosene in cases, 2-5s, 21c GASOLINE Union gasoline In bulk, 18c; union gasoline in cases, 2-5s, 25c; union motor spirit la bulk, 18c; union motor apirit in cases. 2-5s, 25c; No. 1 engine dis tillate in iron drums, Sfcc; No. 1 engine distillate in cases 2-5s, 15 c; V.. M. & P, naphtha in iron drums or barrels, 15c; V., M. & P. naphtha in cases, 2-5s, 22c. BENZINE Union benzine in iron drums or barrels, 15c; union benzine in cases, --5s, 22c; union stove distlllat in iron drums, 7a. Hops, Wool, Hides, to. HOPS 1009 crop. 1013c, according to quality; olds, nominal; lyio contracts, 13c WOOL Eastern Oregon, 13 4p 17c pound; Valley, 15Ve&1c per pound. MOHAIR Choice, 32&33c per pound. CAS CAR A KAKK 4 c per pound. HIDES Salted hides, 77c per pound; raited calf, 13c; salted kip, 8c; salted stags. 6c; green hides, ic less; dry hides. 16Vj9 17c; dry calf. 1713c; dry stags, 11 12c PELTS Dry. lOHc; salted. butchers take-off. $1.15j1.4o; Spring lambs. 2545o GRAIN BAGS In carlots, 0c each. Furs. FURS Prices paid for prime No. 1 skins: Mink, Northwest Canada and Alaska, $8 10; Colorado, -Wyoming, Montana, Idaho and California, $5tj)7.uO; British Columbia and Alaska Coast, $S&10; Oregon, Washington, Idaho and Montana, $7. Lynx, Alaska and British Columbia. $35; Pacilic Coast. $28. Raccoon, $1(1.50. Skunk, Canada $2.50 Paclnc Coast, $1$2. Wolf and coyote, Can ada. $5 4ji 6; Idaho, Montana. Wyoming. Ne vada. $1.50fj3. Beaver. Oregon, Washing ton. Canada, Alaska, $5.50 7 ; Idaho, Mon tana. $10. Utan. Wyoming, $6,50 4$ 7 cubs $262.50. Otter, Canada, Alaska, $12.50fcjl4; Oregon, Washington. Alaska. Canada Brit ish Columbia, $34.E0; Pacific Coast, $1 75 4i'2.50. Gray fox. Pacific Coast, $1.50M)2. Pear. black and brown. Alaska, Canada, $16 20; cubs. , $12 15; Pacific Coast. 1U$15; cubs. $12o-15; Pacilic Coast, $10$15 cubs $5tf7; grizzly, perfect. $2535 Badger, $2. Muskrat. Canada, Alaska. 80c; Pacific Coast, 30 5i 60c. Fisher, British Columbia, Alaska. $15 4? 20; Pacific Coast, $0&15 Wolverine. $68. Silver fox. $300500. Tox. 40c. Ermine. 60c Mountain lion. J$3iS Cross fox, $10g-15. Sea otter, $2004450. Blue fox. $8)10. While fox, $1220. Swift 10. Ringtail cat, 25(3. 75c Civet cat. 10& SOC. House, cat. 5 4D25c THE WOOL SITUATION IS IMPROVING. Kastern Market Beginning to Reflect Strenjcth in West. BOSTON. July 26. The wool situation has shown slight signs of improvement this week. A better feeling amoixg buyers and sellers exists here. particularly among sellers who are favored by higher prices in Western producing sections. Mill men are not rptlmistlc, however, and will continue curtailment during August. AVool at St. Louis. ST. LOUIS. July 26. Wool ftroug; terri tory and Western mediums. 18.S'22Vac- fine me diums, 16y17e; fine, 12531 4c, ' Metal Markets. NEW YORK. July 26. Standard copper easy. Spot. 11. 50 y 1 1. 95c ; July, August. Sep tember and October. 11.50f(pl2c London, dull. Spot 53 18s 9d. Futures, 54 lis 3d. Arrivals at New York today, 14 0 tons Lake copper. 12.63 12.87fec; electrolvtic, U.a 1 H ra 12.0 Or. and casting-, 12. 1 2 (ft 1 2!25c. Tin Spot firm. Futures barelv steady. Spot. 315(i 33.70c; July, 3;!.50 fti 34.O0c ; Au gust, 3 2.501 3 2.60c; September. 32.45 (a, 32 0c and October. 32.65 fti 32.75c. London, dull Spot, f 14 S 17s td ; futures, f 150. Lead. easy. 4.3 7 (n 4. 4.V New York, 4. TI 4.30c East SC. Louis. London spot, 12 Us 3d. Spelter, quiet. 5.50'ff5.eOc New York. 4.95 ti 5.05e East St. louis. London spot 2 lis 3d. Iron Cleveland warrants, 48s 7 id In London. Locally Iron was quiet. No 1 foundry Northern, $ 16.50 (fi 16.75; No. 2. $15 fir 16.25 ; No. 1 Southern, $ 16.25 16. 75 ;" No 1 Southern sort. $16 tf 16.25. lalry Produce In the East. CHICAGO. July 2o. Butter Steadv; cream or s. 27c ; dairies. 2wLi2oc. Eggs Receipts. 12.420 casee; steady at murk, cases included, 10 14c; fir&t, 15c-1-rime r3r?t?v 17c. 1 neese mmuv; aaisies. 15451 iho: twins, 15 ioumk AUitiii-ftB, idiltfc; long horrs, 16S-10Vc. NEW YORK. July 26. Butter Firm, un changed. fhi-tve State milk whole specials. 144160; Io fancy. 14'4; do average prim?, 13-l4c; 1UII 111 lf?T.-lt, m. lC. Kgg. Firm; Ptate Penn-Uani and nearby Tannery white, 3t33c; do gathered white, 25 Coffee' and Snsrar. N EW YORK. July 26. Coffee futures closed Btsaay, but a net decline of S'ttlO points; sales. 24.750 baps. Closing bids fol low: July .70c; August. 6.75c; September, d.Snr: October. O.S5c; November, e.ftoc; De rember. 6.JHK?: January. .iSc; February, 7.43c; March. 7.07c; April. 7-0s;c; May, 7.1oc June. 7.12c. Spot coffee steadv. Rio. No. 7 SSc: No. 4 Santos. Sc. Raw suear. firm: Muscovado. .S test, ;LS;c; centrifugal. .6 test. 4.36--; molasses sugar. .SO tet. 3.61c. Refined steady: crushed. 5.85c; granulated, 5. 1 5c ; po wdered. 5. 25c. New York Cotton Market. NEW YORK. July 26. Cotton Spot cloned quiet. 2j points do n ; mid-unlands. 15.5c; do. Oulf. 15.7.V. Sales, 16.?65 bales. Futures closed barely steady. Cloein? bids July. 15.37c; August. 15.00c: September l:t.S2c: October-. 13 :ilc: November, 13.19c; December. 13. 1 7c: January, 1 2.13c; Febru ary 13.12c; March. I3.17c; May, 13.1c Ouluth Flax Market. nCl-UTH. July '26. Flax on track. $2.64 asked ; to arr! e, 2.40; July. $2.54 a.ked September. $2.4r, bid; Cctobr. $2.;m asked Nov niier. $2.35 asked; Decemiuw 2.33 aumintL SALES ARE FORGED Heavy Liquidation Carries Down Stock Prices. MARKET LACKS SUPPORT Selling Comes Mainly Kroni Outside Sources Call and, Time Loan Rates Are Not Affected. "'- Bonds Are Weak. NEW YORK, July 2ti. Forced liquidation of stocks while the banking and financial interest refrained from offering support, played havoc with stock market values to day. So rapid and comprehensive a shrink age of prices is witnessed rarely, " except In periods of absolute panic. There was some selling today by holders through aheer fright at the rapid melting- away of values, but for the most part the selling was done In cold blood and with the systematic de termination of a surgical operation. The lack of immediate news which might be held to Indicate sudden and violent change in conditions affecting values point ed to an accumulation of influences to ac count for the movement The absence of the usual talk of embarrassment on Such occasions waa taken to prove the selling- to come from sources outside the immediate stock market circle and to represent losses from large resources which amounted to impairment rather than wiping out of fortune. Occurrences in the immediate new was disregarded. The United States Steel quar terly meeting, to be Held after the market closed, almost dropped out of consideration. The declaration of the regularly quarterly dividend was taken for granted and the probable showing of the earnings report was discussed with only languid interest. The reaction in the corn market pointed to relief from the more excessive weather conditions which were believed yesterday to be threatening the prospcts for the harvest. The, money market was easy and the rate for call loans ran off to the lowest level touched in several months, while influences toward replenishment of tho supply of bank cash continued actlvelv at work. Reading at 130, Union Pacific at 152. United States Steeel at 61- and Southern Pacific at 103 will offer a graphic sugges tion of. what occurred in the day's stock market. Even more sensational were move ments In stocks which are not the favor ites of the professional traders. Missouri -J .Pacific, Southern Railway preferred, St. Louis Southwestern preferred; Rock Island preferred. Republic Stel preferred, Ameri can Steel Foundries. Westinghouse Electric, Central Leather and others were forced down from 5 to over 12 points. Coming without any sudden shock of cir cumstances to upset the order of things, the day 'a movement was especially impressive. Its scope and Its indication of a consensus of widespread opinions cannot be denied, whatever its course. The consensus clearly amounts to a determination by the 'jankers, financiers and ruling authorities generally in finance to retrench resources and to be prepared for a strain in the coming month. There was some show of relief in the last hour of the day. After rallying 1 to 2 points and even mors from the low points of the day, prices sold off again and the closing tone was much unsettled. Bonds were weak. Some of the low grade speculative issues showed losses correspond ing In violence with those of stocks. Total sales, par value, 32,515.000. United States bonds were unchanged on call. CLOSING STOCK; QUOTATIONS. Closing Sales. High. Low. Bid. Allis Chalmers pf 23 A mat Copper , U5.;.m 57 55 Vi Am Agricultural ., 3Ut .35 35 Am Beet Sugar 3.SOO 27 24 254 American Can 7 7 7j Am Car & Fdy t$.tl0O 44 41 Am Cotton Oil . . 2,0vo 55' 52 53 Am Hd A Lt pf.. 1,600 22 j 20 2l Am Ice Securl... 3,iH0 20 1 1 Am Linseed Oil 2O0 10 1J H Am Locomotive .. 6,300 34J7 29 29 Am Smelt A Ref. 27,DuO 64:4 til t2i4 do preferred . . . two ltx . P8 '-4 17 ' Am Steel Fdy ... 1,100 42 3S 39 Am Sugar Ref .. 1,3 116- 115 il5V4 Am Tel A Tel .... 7,50 131 120 127 i Am Tobacco pf .. l.luo 92 1H 90' Am "Woolen 25 1; Anaconda Min Co.. 5.400 Stti 33 34 Atchison 3.8,-0 U3 W 2V do preferred ... 7iK iS 97 97 Atl Coast Line 2.30O 107 102a 103 Bait & Ohio 4.1O0 106H 14TB lOti Bethlehem 3teel 20 Brook Rap Tran. 16,200 73 70 14 71 Canadian Pacific .. 6.100 180 177 17SM, Central Leather S.lOO 29Vi 25 1 25 dt preferred ... 3K Jul Hi4 100 Central of N J. . . 3uO 250 4S 2o Ches & Ohio 60O OS V . M 66 Chicago & Alton .. 600 24 23 vj 23 Chicago Gt Wert. 1.400 21 ly 19 do preferred .. . . 1,000 44 40 39 Chicago A N W. . . 1.2lK J3K4 137U 138 C, M & St Paul .. 2.5mO 116 116' J 16 C, O. C & St L - TO Colo Fuel & Iron.. 3,80 27 " 22', 24 Colo & Southern .. - 400 49 46 46 Consolidated iiiut. . 25.700 12tt"4 122i 123 J Corn Products 1.2t 12, 12 121?. Iel & Hudson .. 1.70O 1584 14D 150 1 & R Grande ... 3,H 254 2.-ti 2:t do preferred ... 1.90t 65t, 62 63 Dilllers' Securl . . 2,6.,0 2ij 2.r'H 2ft 14 Erie . . . 7.600 21 19 1978 do ln. preferred. 1,100 37 35' 35 do 2d preferred.- 400 28 28 ' 26 General Electric .. 3.W0 138 135 134i t Northern pf 60 121 118 118i Gt Northern Ore 2,o0 o 49 481"; Illinois Central ... 1.70O 1264 124 124 Intel-borough Met.. 1O.5O0 15 14. do preferred ... 15.300 45 41 42 Inter Harvester 2,100 88 80 8(6 Inter-Marine pf .. 5fK 13 12 12W Int Paper 10 fltg 9 9 Int Pump -0 BS14 36 37 Iowa Central .... ion 15 14 x14 K C Southern . 40 234 23 23 L do preferred ... 7H 60 58 68 Laclede Gas l.OnO 99 firt 9714 Iulsvllle A NaJh 3.TOO 134 131 ii 131 ii inn A St L ... S0O 23 23 ' 26 M, St P & S S M. 7oO 115 114 114U Mo. Kan & Texas. 4.600 28- 27 27 14 do preferred . . . 300 eo P7 56 ' Missouri Pacific .. 22.6O0 50 41 41 National BuKUit .. 200 102 101 ICO National Lead ... 2,4X 48 464 46U Mex Nat Ry 2d pf 60O 24 23 23t N Y Central 16,100 U'9V 10514 ia N Y. Ont & West. 3.10O 4 K9 3C Norf ol k & West . S, 3 'O 93 14 88 14 SS K. : North American .. 6O0 65 63H 63 Northern Pacific .. 11,700 115H 112 113 W, Pacific Mail 30 234 22T& 22w I'ennsylvania 87,400 125 122U, 124' People's Gas 2.200 105 103 " 102T4 P. C C A St It ... 1.2'N 01 89 91 Plttsburgr Coal 4O0 14 13 12- Pressed Steel Car. 1.000 . 26' 25 25 Pullman Pal Car 135 Ry Steel Spring. . 5X 29 28 7i6 Reading 199.00O 13514 13 131T- Republic Steel ... 3.1O0 28 27 27L do preferred 2T.OOO 88 82 83 Rock Island Co. . 34.9o0 27 22" 2.I14 do ' preferred ... 8.4-0 69 6f 59 3: L & S F 2 pf fQ 37 Vi 3ft 31 St L Southwestern 1.2o0 21 . 18 19C do preferred ... 700 56 51 14 52 SlosSheffleld 1.200 5314 7,0 SO Southern Pacific .. 46,3fx 17 1 03 1.4 104 Southern Railway. 4. loo 2 18 187' do preferred ... 2.20 48 43 44 Tenn Copper 2.7 2n, 19 19 Texas & Pacific. . 2.20O 24V4 22 2: ; Tol. St L A West. fc"m 20 19 1914 do preferred ... H 43 43 43 Union Purine . ..ISl.WO 156 1, 1 551-4 153 14 do pre f erred . . . 600 88 14 54 8 U S Realty IOO R4 64 65 U S Rubber 2.4'kO 30 27 27 14 U S Steel 105.0W 64 61 4 614 do preferred 8.An 1184 'IIO14 1HT Utah Copper 4.2O0 414 4014 4014 Va-Caro Chemical. 4.3im 56 54H, 55 Wabash- 6,6C "1414 12 it' do preferred 11.50n 314 28 28 We.tern Md ..... 2.1 OO 41 40 4014 We.tinghoue EJec 3.4 5014 494 5ni, Western Union 1.60 5Rw 56 51. Wheel A L Erie.. 700 4Z 4 41 Total sales for the day. 1,300, 700 shares. BONDS. JfKW YORK. July 26. Closing; quotations U. S. ref. 2s reg.lOO'N. Y. C. gn 3US g7" do coupon ...1o0;no. Pacific 3sl"C9WB TJ. S. 3s reg lOlVN'a Pacific 4s... 9? do coupon ... IOI i -Union Pacific 4s.lfv U. S. new 4s reg.ll4Wis. Central 4a. do coupon 1 14 Vsi Japanese 4s . 901 I. & R. G. 4a. 93 i . Daily Treasury Statement. WASHINGTON, July ?6. The condition of the Treasury at the beginning of business today was follows: Trust funds Gold coin $SlSO:i3 6fi9 Silver dollars 49.171.tRo Silver dollars o; 1S90 ::.64O.iH0 Silver certificates outstanding... 4S3.171.OO0 General fund Standari silver dollars in gen eral fuTii S.2n.l35 Current liabfJU 105,149.999 Working balance in Treasury of- f'es 29.S9S.S32 In banks to credit of Treasurer of the United States 3fl.9in.053 Subsidiary silver oln 20.227.1 17 Minor coin 1.104.O23 Total balance In general fund... 81, 997,035 s Moner, Exchange, Etc NEW YORK, July 26. Money on call easy, lfi2 per cent: ruling rate. 2 per cent; cloying bid. 1 per cent: offered at 1 4 per cent. Time loans firm; 60 days, 3J4 .per cent, and 90 days 3?4 per cent; six months. 5'5H per cent. Prime mercantile paptr closed S'-O ier cent. Sterling exchange barely steady, with actual business in bankers bill at $4. 8355-84.8330 for 6odav bills, and st $4.S550 for demand. Commercial bills. 4.82?&4.63U. Bar"" silver, 53 c. Mexican dollars. 44c. Government bonda steady; railroads, weak. LONDON. July 26. Bar silver quiet at 24Ttd per ounce. Money. IVi per cent. . The rate of discount in the open market for short bill is 1 T4 per cent; for three months' biTs. 24 per cent. Consols for money, 81 ; do. for account. 81. SAN FRANCISCO. July 26. Sterling on London. 60 days. $4.83; sight, $4.85. Silver bars. 544c. Mexican dollars. 45c. Drafts, sight, 3c; telegraph, 5c. CHICAGO. July 26. Exchange on New York, lOc premium. Eastern Mining- Stocks. BOSTON, Jiily 26. Closing quotations: Allouez 33 'Mohawk 43B Amalg. Copper. . 56 Nevada Cosi. ... 17 A. Z. L. A Sm.. 20'IXlpissing Mines.. 10 Arizona Com. ..13 (North Butte 21 Atlantic 5;North Lake 6 t ofc is M. 11 !Uia Dominion... rv Butte Coalition. 13Osoeola .114A Cal Cal & Arizona.. 47 Parrott S. & C) 12 & Hecla...510 Quincj- 7ftB Centennial . . 15 Shannon S Cop. Ran. G. Co. E. Butte Cp. M. Franklin Giroux Con Granby Con. . . . Greene Cananea. i9 Superior 37A 64tSup & Bos Min.. 8 9iSup & Pitts Cop. 9?i Tamarack , Ml 30 U. S- Coal A Oil 33 6-iU. S. S. R. & M.-34 . Royale (Cop.) 15il do preferred .. 454 Kerr Lake 74 Utah Con. . . . 20 Lake Copper.... SI Winona 54 La Salle Copper 9 Wolverine ..... .105 Miami Copper... 17l LIGHT RUN OF STOCK TRADING AT THE YARDS IS OX I MIXED SCALE. Best Demand Is for Quality Offer ings -Prices on the Whole Are Steady. Receipts at the stockyards yesterday were unusually light and trade was consequently on a small scale. There were no Important developments In the way of price changes. The market held steady throughout with the best demand for quality stock. Receipts yesterday were 18S cattle and 18 hogs. Shippers of the stock were C. H. McRae, of Shaniko, with a car of cattle; J. T. Walker, of Corvallis, ufvo cars of cattle, and George Brown, of Corvallis, three cars of cattle. The ray's sales were as follows: Weight. Price. IS cows -. 743 $3.85 17 calves 254 6.75 2 calves .' 576 4.O0 1 cow 1.05 3.50 26 steers 1.056 4.t0 27 steers 1,055 4.95 20 steers ....1.077 4".75 1 cow ..1.1 OO 4.H5 5 cows 948 4.20 15 steers 1,H7 4.75 13 steers 54 3.83 1 COW 1100 3.00 9 steers . , . 1175 5.25 18 hogs 248 10.25 1 steer 1550 4.25 1 steer 10 JO 4.25 2 cows ..........1205' 4.50 1 bull 1460 3 75 Prices quoted on the various classes of stock at the yards yesterday were as fol lows: Beef steers, good to choice. . . .$ 5.25 ?3 5.60 Beef steers, fair to medium.... 4.25 it 4.75 Cows and heifers, good to choice 4.25 4.85 Cows and heifers, fair to medium 3.60 (in 4.00 Bulls 3.0Ofttf 3.75 Stags 2.50 0 4.50 Calves, light J 5.75 6.75 Calves, heavy 3.50(a) 5.00 Hoge. top ... . 10.0Oai0.25 Hogs, fair to medium &.0& 9.75 Sheep, best wethers 3.75 o) 4.00 Sheep, fair to good wethers.... 3.00 Id 3.50 Sheep, best ewes 1.00 fa) 3.50 Lambs, choice b. 50 ltd 6.00 Lambs, fair 4.75 5.25 Eastern Livestock Markets. CHICAGO, July 26, Cattle Receipts, esti mated, 6O0O; market, weak. Beeves, $4.80 8.35; Texaa steers, $3.00(&5.60; Western steers, 6. 758. 75 ; Blockers and feeders $4. 10r6.35 ; cows and heifers, $2.6C6.55; calves, $6.75 8.75. Hogs Receipt, estimated. 1 4.O00 ; market, steadv to 5c higher. Light. $8-6Utf7.-M); mixed. $S.25&8.85: heavy, $7.908.65: rough.' 7.90 S.lo: good to choice heavy, $R.15i&.65; pigs, $8.65S9.05: bulk of pales, $8.458.63. Sheep Receipts, estimated, 5Ot0; market, steady. Native, 2.6TW7 4.40; Western, $2.50 4.40; yearlings $4.25fj5.73: lambs, native, $4.507.50; Western, 4.75t7.50. KANSAS CITT. July 26. Cattle Receipts. 14.oo; market, steady to weak. Native steers. $4. 758; cows and heifers. $2:506.73; stock erw and feeders, $33 5.50; bulls, $33460; calves. $4 8.25: Western steers, $4.5007.20; Western cows. $2.6tS5.0. Hogs Receipts, lO.OOO; market. strong to c higber. Bulk or aies. .4;'as.W; heavy, $8.40fgS.50: packers and butchers, $8.45(8.S0; light. $8.70tfiS.St. Sheep Tteceipts1. 6TtO0; market steady. Mut tons. S3. 75S-4. 25: lambs. $6.75&7.65: fed weth. ere and yearlings, $3.755.25; fed Western ewes, j.soj-io. - OMAHA. July 26. Cattle Receipts, 4200; market, steady to stronger. Native steers, $4. 757. 75 ; rows end h ei f ers. $3. 25i; 5. S5 ; Western steers'. $3.50Er"fl: ranee cows and heif ers. $2.75-4.60: canners, $2.503.25; stockers ana teeaers. oir. 1.00; caivea, 4(37; bulls, staes. etc.. $35.25. Hogs Receipts. 990O; market, steady to stronger. Heavy, sswx.33; mixed. S8.205fS.30 light. $S.408.70; pigs, $7.5Cg8; bulk of sales. Sheen Receipts. 10.800: market, elow lOc lower. Yearlings. 4$?5; wethers. $3.25 . iu; ewes, e--1 t'3-' J; 1M-"1Da. Uj-W(g, .OO. Changes In Available Supplies. NEW YORK, July '2Si. gpeclal cable and telegraphic communications received by Bradstreet show the following changes in available supplies, aa compared with, pre vious account: Bushels. Wheat, United States east of Rock ies, decrease - .1 91 1,000 Canada, decrease .' 533,000 Total. Lnited States and Canada, decrease 1,444,000 Afloat for- and in Europe, de crease 1,000,000 Total, American and European sup ply, decrease 2,444,000 Corn, unttea states and Canada, de crease 1,246,000 oats: united btates ana Canada. decrease . 633,000 European Grain Markets. LONDON. July 26. Cargoes, firm, skiers very reserved. Walla Walia for shipment. 6d nigner at jh. English country markets, firm, French country markets, firm. LIVERPOOL. July 26- Close; Wheat, July. 7s 6Vd; October. 7s 7id; December, 7s 8d. Weather unsettled. Grain at San Francisco. SAN FRANCISCO, July 28. Wheat steady, barley eteady. Spot quotations): Wheat Shipping, $l,65-g Barley Feed. $1.10 per cental, brewing, $1.15 per cental. Oat s Red. $ 1 . 30fJ-l .40 per cental ; w b I te, SI. 65 Der cental : black, nominal. Call board sales Barley December, $1.144 per cental bid. $1.151aj per cental a.ked. Corn Large yellow, $1.60 Q 1.62 per cental. Wheat at Tacoma. - TACOMA. July 26- WheatMilling blue stem. 92 a 93c; club, S6c Receipts Wheat, 4 cars, corn, 1 car. Dried Fruit art New York. NEW YORK, July 26. Evaporated apples inactive, steady; fancy. 10fcJlc; choice, 8 9c; prime, 7 6Sc; common to fair, 6 4f 7c. Prunes firm; quotations, Stfifl'ic for Cali fornia up to 3-4Os and 4c for Ore Rons. Apricots inactive, firm; choice, J 120. peaches quiet, steady; choice. 66c; extra choice. 77c; fancy. 7'&7c. Raisins quiet ; loose muscatels. 3 j 5 c; choice to fancy seeded. 4 6e; seedless. 34c; London layers, $1.20 BIDS FROM FRANCE Demand for Pacific Coast Wheat Surprises Chicago. MIDDLE WEST IS IGNORED Options Decline Nearly Two Cents. Effect of Break in Stock Market Corn Holders Are Heavy Sellers. , CHICAGO. July 26. One significant fact which tended to lower the price of wheat here was that foreign countries were In a position to Import from the Pacific Coast States without reaard to the eountrv east of the Rockies. France was reported to bs bidding' for Walla Walla wheat. Cool and clear weather for the filling and harvesting 01 ine spring crop west was another oearisn. influence. In addition, India and Russia were reported offering freely to Western Europe at lower prices, because of timely rains. The weakness In the neighboring corn crowd .depressed traders In wheat, but the final downward shove to prices was be yond much doubt directly or indirectly due to the break in the New York stock mar ket. The closing tone here, however, was steady. September ranged from $1.64 S to $1.06 and finished at $1.04 to $1.049 1.05, a net decline of 1C to 191C There was considerable unloading of long corn. Short selling, too, was conducted on an active scale. September fluctuated from 64 to 66c and closed at 65 c to 66c. a net decline of to c. The cash market for corn was steady. No. 2 yellow closed at 67? 674c. Hedging of - oats proved an oppressive weight on the market. September varied from 39c to 39 c and closed at 39 9c, a loss of ac. Pork closed 22 c up for the principal option and unchanged for others, lard 5 to 1 2 ; (i 1 5c higher and ribs at an advance of 5 to 32 Vz-c. The leading futures ranged aa follows: WHEAT. Open. $1.09 1.06 1.0.8 1.12 High. $1.09 1.06 1.08 112 CORN. .6 4 .66 4 .65 OATS. Low. $1.07 . 1.04 1.06 1-10 Close. $1.07 I.05 1.07 1.11 July. Sept. Dec. May. July. Sept. Dec. May. .64 .65 .64 .65 .64 .64 .63 .64 -40 .39 .40 .42 -64 .Rfi .64 .65. .41 .39 .40 7k -42 Julv. Sept . Dec. . May. .41 .39 .40 .43 .41 .39 -40 .43 MESS PORK. July 25.85 25.87 25.85 Sept. 21.82 22.20 '21.82 LARD. 25.85 22.02 11.90 11.80 12.22 11.60 11.15 July 11.82 11.90 Sept...... 11.77 11.90 11.80 11.77 SHORT RIBS. Julv 12.05 12.77 12.05 Sept 1 1.5 5 1 1.70 11.55 Oct 11.15 11.22 11.10 Cash quotations were as follows: Flour Firm. Rye No. 2, 77 78c. Barley Feed or mixing, 52 56c ; fair to choice malting. 60 & 69c. Flax seed No. 1 Southwestern, $2.39 ; No. 1 Northwestern, $2.4 9. Timothy seed $5. 50 5.75. ' Clover $12.75. Pork Mess, per barrel, $2615 26.25. Lard Per 100 pounds. (11.90. Short ribs Sides (loose. $11.75 12.25. Sides Short, clear (boxed , $13 & 13.26. Grain statistics: Total clearances of wheat and flour were equal to 90.000 bushels. Primary receipts were 1,204.000 bushels, compared with 1, 599,000 bushels the corresponding day a year ago. The world's visible supply, as shown by Bradstreet's. decreased 2.444.000 bushels. Estimated receipts for tomorrow: Wheat. 569 cars ; corn, 122 cars; oats, 175 cars: hogs. 27.000 head. Keceipts. .... 3.075 ....241. $00 ....216,200 ...340.200 .... 3.000 43,500 Shipments. 16.842 33,700 351.300 247,300 lY.TOO Flour, barrels Wheat, bushels , Corn, bushels Oats, bushels . . Rye. bushels Barley, bushels . Grain and Produce at New "York. NEW YORK, July 26. Flour steady. High ' prices checked business. Receipts 29,4:10 barrels; shipments, 702 barrels. Wheat Spot, steady. New, No. 2 red, $l.O0 elevator to arrive c. 1. f. and $1.10 f. o. b. afloat; no. 1 Northern. $131 f. o. b. afloat. ' Wheat was moderately active and weak on lower cables, large receipts and lib eral country offerings in the West and un derselling by Wall street due to the weak ness in the stock market, closing 1 c to 1 c net lower. September closed $1.10; December, $1.12. Receipts, 24,000 bushels. Hops Dull. Hides Quiet. Petroleum Steady. Wool Quiet. Minneapolis Grain Market. MINNEAPOLIS. Julv 26. Wheat, Julv, $1.24; September, $1.14; December, $1.12. Cash : No. 1 hard. $1.26 ; No. 1 Northern, $1.25 f(i 1.27 ; No. 2, $1.23 1.25; No. 3, $1.20 ra-1.25. Flax Closed, $.56. Corn No. 3 yellow, 62 6ifi4c. Oats No. 3 white. 43 3? 44c. Rvf Xo. 2. 72 i 74c. HIGH GRADE MUNICIPAL AND IMPROVEMENT We have several good issues on hand. Buy di rect from the contractor and save broker's com mission. WARREN CONSTRUCTION CO. 317 Beck Bldg.f Portland, Oregon. Phones: Main 9357, A 4613. TRAVELERS' GC1DE. COOS BAY LINE ft-DAT SERVICE. Steamer Breakwater leaves Portland 9 A M-. July 23. 8, Aug. J. 7. 3 2, 17. 22. 27 and every live day, from Atnswortti Dock, for Nor tit Bend. Marshfleld and Coos Bay points. Freight received until 9 P. .. daily. Passenger fare, flrst-clasa. $10; second-class, $7. Including berth and meals Inquire City Ticket Office. Third and "Wash ington streets, or Alnawtrth pock. Main THE UNITED STATES NATIONAL BANK PORTLAND. UNITED STATES DEPOSITORY Capital - - - $1,000,000.00 Surplus ami Profits. $725,000.00 OFFICERS: J. C. AIXSWOUTH. President. R. W. SCHMF.ER. Cashier. R LEA BARNES, Vice-President. . A- M. WRIGHT, Assistant Cashier. IV. A. IIOL-r,.Asslstant Cashier. LETTERS OF CREDIT AND TRAVELERS CHECKS ISSUED NEGOTIABLE EVERYWHERE DRAFTS DRAWN on all FOREIGN COUNTRIES lumbermens National Bank CORNER FIFTH AND STARK STREETS PORTLAND, OREGON . Capital OFFICERS. G. K. Wentworth .President John A. Keating Vice-President Geo. I McPheraon Vice-President H. D. Story.". Cashier P. A. Freeman. .......... .AftsUtant Cathler Graham Dukehart Amlslaot Cashier sS 2s-3f flS H gsgi Spaa 1-ir;s OLDEST BANK ON THE PACIFIC COAST CAPITAL $1,000,000 SURPLUS and PROFITS $600,003 OFFICERS. njixsrsre W. M. LADD, President. IDW. COOKIKORAU. VIcs.prssMsnt W. H DUSCKLET. Cashier. R. B. HOWARD. JR.. AM"t C,hlr. J. W. LADD, Assistant Cashier. WAX.T1CK 3i. COOK. Aas't Cssblac Interest Paid on Savings Accounts and Certificates of Deposit We Issue Letters of Credit, Foreign Drafts, and Travelers Cheolcs Bank Notice Security Savings and Trust Company Corbett Building, Fifth and Morrison Streets Capital and Surplus $900,000 Invites Accounts of Merchants, Individuals and Savings First National Bank Capital $1,500,000 . Surplus 750,000 Oldest National Bank West of tha Rocky Mountains TRAVELERS' GUIDE. All Modern Safety Oexice (Wireles. KtO LONDON-PARIS-HAMBURG Pres. Lincoln Aug;. 10lPennsyIvania.Aug. 31 tAraerika Aug. 13tKats. Au. Vic sept. o TiGf Waldersee. Aug.liBIuecher Sept. 7 Cincinnati Aug:. 2:CleveIand. ..Sept. lO TTJnexceUed Rlts-Carlton a ia. Cart Res taurant. 'New. Hamburg direct. ITALY V4H S.S. HAMBURG.. Auguat 0. 9 A. M- S.iv. MOl.TKt August . S.S. HAMBURG September 20 Hamburg-American I.Lne. 160 Powell tot., sao Francisco. Cat and Local R. R. Agents in Portland. COLUMBIA RIVER SCENERY Kast Excursion Steamer CHAS. R. SPENCER -" ttmlly ueept Wadnesdsy. s A. M lor Hood Klver sad y l&adlnss sad r rn i.v. Hood Uinr. X:3u P. smrs fcnlua 8 p. u. SUJfUAT EXCURSIONS-I-oses w A M.; return;. S:3o P. iL Flrt-cltis Meal. Serred.. Fsr.. On. r0u.r Bound Trip. Ltown Office 6 5th Su , Phune. Msrahsll 1870, A 1293. Landing and Offi-. Foot lvuhlniua Sb Phones Main 8819. A. 2401. Lowwt Bate, to Picnic Parties. mM OREGON $500,000 DIRECTORS, ? . K. Wentnorth Chas. S. Rutsell P. S. Brambr Dr. K. A. J. Mackenzie George G. Binirham I.loxl J. Wentworth J. JB. Wheeler e. Li. MrrhrrMO John A. Keatine t Robert Treat Piatt H. D. Slory DIRECTORS. EDWARD COOKINGHAJS, HENRY I CORBSTI. WILLIAM M. LADD. CHARLES E. LADD-, , J. WESLEY LADD. ' S. B. LIMHICLH. FREDERIC B. PRATT. THEODORE B. WILCOX. , IBAVKtlW GCIDK. San Francisco and Los Angeles DIRECT North Pacific S. S. Co.'s S. S. Roanoks and S. 8. Elder sail every Wednesday alternately at 6 P. M. Ticket . otnea 122 Third at, near Alder. M Alt XIV jr. UK; I KY, PuwDXcr Aaresit, W. H. SLliiStH, FrclKbt AsenL Phones 91. 1314, A 1314. SAX FRANCISCO & PORTLAND SS. CO. New- service to Ios Anjreles. via San Frau ciaeo. ' every five days. From Alneworth Lock. Portland. 0 A. M. SS. Beaver. Aug. 1; Bear. 8; Ko t'ltv. lt. From San Francisco. Northbound, 12 M. 88. Ber. 4ul.v SO; Rone City, 4; Beaver. 8. From San Pedro. Northbound. NS. Rose City. Aniuat t; Beaver, 7; Bear. 12. H. G. Saiitb. C. T. A., 14 Third Sfc J. W. Baswom. Ajcent. AllMwortl, Uoek. Phones Main 4U2. A 1401!.' Why Cet Seasick? Tonlque Mai de Mer will positively pre vent seaslc-Unes. If you contemplate a trip by sea or rail. et a bottle at ouce from, your dniffglst and follow directions. Promi nent Pjrtiand residents testify to its merit. Prlc oO cents, or nt postpaid by E1. TVN'E REMEDY CO., Sole Maxmfarturrs4 Portland, Or. Phones Main 2iu7, Jl 6512.