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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 30, 1910)
TIIE 3IORXIXG OREGOXIAX. SATURDAY. JULY 30, 1910. 15 ASK NINETY CENTS Walla Walla Farmers ' Want Opening Prices. LITTLE WHEAT SELLING Threbhing Results in Some Sections Are Better Than Expected Oats ami Barley Are Kirm. . Alfalfa Sales. Farmers were ofterinar wheat more freely yesterday, particularly in the Walla Walla ctunlry, but they were still asking 00 cents for it. So far an could be learned- no one was in the market to pay this price. The market was still quoted Arm, but not so much so as a fs-w days ago. When the first lots of new wheat were offered they met an urgent demand because of the scarcity of spot wheat, and the ' asking prices were readily paid. It is probable that some of the mills still need a little bluestem badly, but u 1th offerings on the increase, they are naturally bidding tower prices. The present market is fully 5 cents above the export baals. but as it will be a munth yet before the movement of new wheat to market can assume large propohtlons. it Is likely that prices will be slow in settling down to the foreign level. That values must eventually get down to a parity with the foreign markets Is conceded by all. No talk Is row heard of any considerable amount of wheat going East. Reports of threshing operations are com ing In from what were considered some of the poorer sections and are showing very satisfactory results. One farmer north of olfax reports that he is getting 50 to 0 buxhels of Fall wheat to te acre. Ex tremely light land around Pomeroy, that was not expected to run over 10 to 15 bushels to the acre. Is threshing :3 to 25 bushels. Around Dayton there are several and TiS-bushel crop, where only -5 to 30 bushels were expected. Trade was light in oats and barley, but fcoth grains were quoted very firm. The Eastern Washington barley crop is not up to last year's. According to the Echo Echoes, on Monday and Tuesday of this week. Lone tan and Mcintosh, of Portland, bought the following lots of alfalfa hay at Echo, pay ing SH per ton in the stack: Vincent place, oo tons; Jim McCarty, loo tons; Otis Mc carty. 3!tO tons; Mrs. O. F. and A. Thomson. 3000 tons; Grant Buchanan, 200 tons; Mrs. Rogers. 200 tons; total, ITS, 000 tons. The same day. Henry & Co., of Portland, paid the same price for 1X00 -tons, on the old Asa H. Thomeon place. Weekly foreign wheat shipments were re , ported by the Merchants Exchange as fol lows : This Wk. Last Wk. Last Yr. .Argentine . .. .l.Ooti.Ooo j,244,mm STtf.ooo Australia . orto.ooo iMu.utMk ibo.ooo India 2,000.000 l,USNOW l.OJsii.UOO Local receipts yesterday. In cars, were as JTpllowa : Whfnt Pnrtnv Flnnr - Uv H'lumioy ........ II Tuesday ll AVedneday 11 Thursday 17 Friday 9 Tear ago 3 fr'eason to date. .2.1s Year ago 40 lO 2 17 3 1 4 I 6 1 .1 4 9 18 19 2 I 3 82 2lrt 4U l.Vt 41) 110 41 S7 EXPORTERS BIO ON OREGON HOPS Crop Conditions In England and on the Continent. Mo transactions were reported in the Ore gon hop market yesterday. It was stated 'n good authority that an exporter "had of fered 11 cents for 14O0 bales on the West .Side and that a 12 -cent option had been taken on 2o0 hales at Salem, but the latter tdeal could not be confirmed. London hop factors circulars. bearing Mates of July 11 to 13. say: Wilde, Neame & Co. There is more ver rnln in the plantations, but as yet It has had no effect on the trade and values remain without alteration. Manger & Henley The continued adverse temperature has had Its Influence on our market. Several lots have changed hands at an advance and good bids are being re fused. The prospects of the Continent are Imllar to our own with an advanceing mar ket also. - W. H. & H. LeMay There are several in quiries on the market, which tend to show that consumers are becominjj a little more Interested In the state of the hop market, smd the smallness of the stocks must make those who have not yet covered their re quirements a little anxious, as the weather Is not all that is desirable for the growing crop. The Kentish Observer, of July 15, said of Continental prospects: In Germany and Belgium the weather all through last week was about as bad as it could well be for the hoo plants. A succes sion of heavy rains and cold winds retard ed growth and gave the bine a sicklv ap pearance, and nearly all districts report a much less favorable outlook. Vermin is rather troublesome in the Belgian districts. ut on the whole, bfight is not ssrious! lther in Belgium or Germany. There is an Improvement in the weather this week, and better reports may be expected shortly. KST1MATKS OF THE APRICOT CROP. California Dried Output Will Fall short of fcurly Fxper tat Ions. In its review of dried fruit conditions the California Fruit Grower says that previous estimates of the production of apricots have fceen reduced somewhat, by packers. 'It is possible now to know more definitely how the quality will turn out than earlier. 4 nee deliveries in some sections have been completed." says that paper. in the Vaca-ville-Wlnters district, for instance, deliv eries have not come up to expectations, and a shortage from some of the earlier esti mates on Santa Clara Valley as wen is noted. The consensus of opinion now senna to be for 13.000 to 1.O0O tons of apricots tn place of from 17.0O0 to 18.000 tons, as predicted earlier. Export sales In this line have teen enormous, and some packers fcasard the opinion that .10.000 tons, and one packer ia sure the tlgure will reach H.Ot0 tons, of apricots hav already been sold for xport shipment. Considering this and the falling off In the estimated deliveries of dried apricots. It would seem that this, market will rule high for some time at least. Canned Corn Prospects. Although the acreage In sweet corn for canning purposes has been greatly reduced this year, weather conditions of late in all produrli.g sections have been propitious and a large yield per acre is accordingly ex pected, thus going far toward equalizing the reduced acreage. Crops everywhere re now said to he doing well, and unless the frost Is unusually early or some other unfavorable weather condition supervenes, a yield pretty close up to that of last year can be expected, according to competent authorities. Poultry Cleans Lp Better. The low current price of poultry are en abling Front street dealers to clean up their receipts better, but anv effort to advance prices checks sales. Yesterdav quotations were unchanged. Eggs moved in a fair way at the former prices. Butter was in active demand, scarce and firm. Overaupply of Small reaches. Front street is still overstocked with small vised Male's early peaches from various Ore gon points. They were offered as low as 30 cents a box yesterday, but were hard to ell at any price. Good freestones, how aver. er In active demand. There were also too many cantaloupes on hand for the good of the market. The season for Walla Walla onions will end next week, when Oregon onions will take their place. Canned Milk Advances. Nearly all brands of condensed milk havo been advanced this week from o to 15 cents. The rise is the result of the short ened milk supply. - Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows. Clearings. Balances. Portland J1.2uo.n1 $loti.0l3 Seattle . - 1,56&,4&S 2o4,227 Tacoma fc-1,053 .".T.oti;; Spokane 5TS,4a2 39. 6- rORTLAKD UAEKfTS. Grata, Floor, Feed, Etc WHEAT Bluestem, 9Sc; club, 90c; red Russian. 88c; Valley. 90c. FLOUR Patents. 5-35 per barrel; straights. 4.30f;4.&5; export. $4; Valley. $5.40; graham, f 0 ; whole wheat, quarters, to. 20. BARLEY Feed and brewing, $24.50 per ton. HAT Track prices: Timothy, Willametts Valley. 16ic per ton; Eastern Oregon. 20 I'Jc; alfalfa, new, (1314. CORN Whole, $32; cracked. 933 per ton. MILLfiTLTFb Bran, 20 per ton; mid dlings. 30; shorts, rolled barley, $26 23. OATS-Xo. 1 white. $29 30 per ton. Dairy mud Country Frodaee. BUTTER City creamery, extras, 33c; fancy outride creamery, 31 33c per pound; store, 23c; butter fat. o3c EGGsi Oregon candled, 26 j 27 c per dozen. CHEESE Full cream, twins, 17 He per pound; Young America, 18c. POULTRY Hens, ltt&loVsc; Springs, ldhi $?17c; ducks, 14&l5c; geese. lOtllVjc; tur beys. live, 18 t 20c; dressed, 25c; squabs. $3 per dozen. PORK Fancy, 13c per pound. VEAL Fancy, 12 Vsc Pei" pound. Vegetables and Fruits. GREEN' FRUITS Apples, new, 50c$1.5O per box; apricots, 50cJj $ 1.1T5 per box; plums, oOi:i.$1.25 Per box; pears, $2.25 per box; peaches, 30c&$1.25 per box; grapes, Jfl.oO -t.30. BERRIES Blackberries, $1.50 per box. MELONS Watermelons. tJOc 1.0u per hundred ; cantaloupes. $lig 2.60 per crate. TROPICAL FRUITS oranges. $44.50; lemons, S.ftfS; grapefruit. $3. 25 3.50 per box; bananas, 6 feo per pound; pineapples, 6c per pound. VEGETABLES Artichokes. 6073e per dozen; beans, 35c per pound: cabbage, 34 2sc per pound ; cauliflower, 1.50 per doz ; celery, 90c per dozen ; corn, 20c ptr floiin ; cucumbers, oOc per box; egg plant, I2tc par pound; hothouse lettuce. 30c J 1 per box; garlic, 810c per pound; horserad ish, 12VtiC per pound; green onions. 15c per dozen ; peas. 5c ; peppers, 50c per box ; radishes, 152uc per dozen; rhubarb. 2c per pound; squash, 50c per crate; tomatoes, OocSi $1 per box. SACK VEGETABLES Carrots, 11.25; beets, $1.50; parsnips, $1 1.25; turnips. $1. POTATOES New, 1 g lc per pound; sweet potatoes, 67c per pound. ONIONS Walla Walla, $2.50 per sack. Groceries, Dried Fruits, Etc DRIED FRUIT Apples, 10c per pound; peaches, 7c; prunes, Italians, 4 5c; prunes, French, 4 5c; currants, 10c; apricots, loo; dates. 7c per pound; figs, fancy white, 6 Wo; fancy black, 7c; choice black, aft a. SALMON Columbia River, l -pound tails, $2 per dozen; 2-pound tails, $2. 'J 5; 1-pound flats, $2.10; Alaska pink, 1-pound tails, dOc; red, 1-pound tails, L15: sockeye. 1-pound vails, COFFEE Mocha, 2423c; Java, ordinary, 17 f 20c ; Costa Rica, fancy. 18 Q 20c ; good. ltSylSc; ordinary, 12tfiltJc per pound. NUTS Walnuts, 15c per pound; Brazil nuts, 13Qil5c; filberts, ltfc; almonds, 17c; pecans, lUc; cocoanuts, 80c$l per dozen. 6ALT Granulated. $15 per ton; half ground. 10 us, $10.6o per ton; 50s. $11 per ton. BEANS Small white. 3c; large white, 4c; Lima. 5ic; pink. ?c red Mexicans, 7 fee; bayou, 7x RICE No. 1 Japan. 4c; cheaper grades, SS.50g? 4.55c; Southern head, 57c HONEY Choice. $3.25 w 3.i0 per case; strained. 7c per pound. SUGAR Dry granulated, fruit and berry, $6.25; beet, $o.05; extra C, $5.75; golden C. $5.65; yellow D, $5.65; cubes barrels), $5.65; powdered, $6.60; Domino. 10.4O& $16.90 per case. Terms on remittances with in 15 days deduct 4ac per pound. If later than 15 and within 30 days, deduct feo per pound. Maple sugar. 15 18c per pound. Provisions. HAMS 10 to XZ pounds, 22c ; 12, to 14 pounds, 21 Wc; 14 to ltt pounds, 21c; 18 to 20 pounds, none ; skinned, 22c ; picnics, 16c; cottage roll, 18c BACON Fancy, 30c; standard, 29 He; choice, 8Hc; English, 25H&25Vc SMOKKU MEATS Beef tongues, 75c; dried beef sets. 22c; ou is ides, 2uc, lnsldes, 23c; knuckles, 22c DRY SALT CURED Regular short clears dry salt, 16 He; smoked, isc; backs, light, salt. ItiWc; smoked, 18o; backs, heavy, salt, 16c; smoked, lTteo; export bellies, salt. 17c: smoked, IS He. PICKLED GOODS Barrels, pigs' feet $16; regular tripe, $10; honeycomb tripe," $12; lunch tongues, 522; lambs' tongues, 40 LARD Tens: Kettle rendered, 16c; standard pure. 15Ke; choice. 14&c; shorten lug. Hc WOOL TRADING AT BOSTON. Fair Movement in New Zealand and Argen tine (irades. BOSTON. July 29. The Commercial Bul letin will say tomorrow of the wool market: A fair movement in the New Zealand crossbreds, 36s to 4ls, is reported at yie to 3e; Merino 64s at 73c clean ; Argentine Lincoln at 31c to 32c, and straight quarter blood at 44c. Aggregate sales are fully 4000 bales, two prominent New England mills taking the offerings. About 1.000.000 pounds of Ohio and Mich igan fleeces were also sold at 2Sc to 2Sc fur quarter blood. 27c to 2ic for three eighths and half blood, and at 25c to 26c for unwashed Ohio delaine. A moderate business is being done In fine to fine me dium territory at 53c to 55c scoured. The shipments of wool from Boston to July 28 inclusive were 10S.554.555. against 344,116.rttV7 pounds for the same time last year. The recoipts to July 27 inclusive were 140.069.617 pounds. against 2;i.074,lS4 pounds for the same period last yeau Metal Markets. NEW YORK, July 29. Standard copper firm. Spot and July. 12-.10iQ 12.2oc; August, September and October, 12. 10 12.35c ; Lon don firm, spot 55 10s; futures. r6 2a 6d. London will be closed on Monday. Iake copper. 12.7512.S7Hc; electrolytic. 12.50 12.62Hc; casting, 12.25 12.37Hc; local deal ers report that buyers are showing more dis position to meet the asking price. Tin Irregular. Spot and July, 32,75T?33c; August. 32.S2 H "S 32.S7 He; September. 32.62H j32.V0c; October, 32.S0lr:i2.l."c. Sales were reported of five tons August at 32.90 and five tons August at 32.87H. London closed firm, spot 149 5s; futures. 150 5b. Lead firm. Spot 4-45 $t 4.50c New York 4-20$t 4.30c East St. Louis. Sales. 50,H0 pounds August at 4.45c and 50,000 pounds September at 4.45c London spot 12 10s. Spelter steady. Spot, 5.l55.50c New York and 4.954r..07Hc Earn St. Louis. Lon don spot. 22 12s 6d. Iron. Cleveland warrants, 49s in London. Locally iron was quiet. No. 1 Nort hern l.50$i 16-75c; No. 2. 1tilH.25; No. Southern. $16.2516.75, and No. 1 Southern soft, $ 16 $ 16-25. Coffee and Sugar. NEW YORK, July 2: Coffee futures closed steady, net unchanged to 10 points higher. Sales were reported of 2270 bags. Closing bids: July. 6.55c; August. H.Soc; September. H.flOc; October. rt.95c; November. 7 : December. 7-05c; January. 7.0'.c; Febru ary. 7.14c; March. 7.1c; April. 7.2lc; May, 7.22c: June. 7.24c. Spot coffee steady. Rio, No. 7. Stc; Santos. No. 4. 8Sc Mild cof fee quiet. Cordova. I0s 12c. Raw sugar steady. Muscovado. .SO test. 3.86c; centrifugal. .M test, 4.36c; molasses sugar. .S9 test. 3.61c. Refined, steady; crushed. 5.S5e; granulated. 5.15c; powdered, 5.25c. Dried Krult at New York. NEW YORK. July 29. Evaporated apples Inactive, steady ; on the spot, fancy. 10 H & 11 Hc: choice. 8H4pc; prime, 7rSc; com mon to fair. $j7c. Prunes firm, quiet. Quotations. 39Uc for Callforntas up to 30-4Os, and 4H&9HC for Oregon. Apricots quiet, firm: choice, 0(filO4c: extra choice.- UH telle; fancy. 10 (& i2Wc Peaches quiet : choice. 6H 6c; extra choice. 7f7c: fancy, 7HjHc. Raisins, steady. Loose muscatels. 5c; choice to fancy seeded, 4fi6c; seedless. 3 4 He; London layers. $1.20 Wool at St. Louis. ST. LOUIS. July 29. Wool Steady. Ter ritory and Western mediums, 1823c; flue mediums. 16$ 16c; Une. 12 14c Railway Exchange Building Co. First Mortgage 7 Gold Bonds Dated August 1, 1910. Due Serially August 1, 1911, to August 1, 1917. Coupon Bonds in Denomination of $500. Principal and semi-annual interest, payable at the office of the Security Savings & Trust Company, Portland, Oregon, Trustee. This bond issue is secured by a deed of trust to the Security Savings & Trust Com pany, Portland, as Trustee, covering the Railway Exchange Building and leasehold, which provides for redemption of the bonds in installments, beginning at the end of the first year, at a sufficient premium to make the same yield 7y2 per cent per annum for the various maturities. . The property consists of a modem six-story, class "A" reinforced concrete office building, having 100 feet frontage on Third, 200 feet frontage on Stark, and 50 feet front age on.Foirth street, in the heart of the financial and business section of Portland. The Railway Exchange Building, costing $225,000, is completely and substantially equipped and finished throughout, and ranks with the best office structures on the Coast. It is already largely rented to a very desirable class of business concerns, on a basis which insures a steady and profitable income. . In view of the very large margin of security over and above the bond issue, and the location and earning capacity of the propeiy, we recommend these bonds very strongly as an exceptionally choice and profitable investment. Having already reserved a substantial amount of the bonds, we offer the unsold bal ance at par and interest, yielding 7y2 per cent until maturity. Copy of the mortgage, statement of earnings and other detailed information will be furnished upon application at our office. MORRIS BROTHERS CHAMBER OP COMMERCE. NGE IS CHECKED STOCK MARKET SHOWS KFKECT OF LATE PRICE RECOVERY. Reduction of Short Interest Makes Yay for a Reaction Bonds Continue Firm. NEW YORK. July 20. The stock market today showed the effect of the rapid re covery from the acute depression of the early part of the week. The usual after results of a sudden and violent turn in the market besran to appear. The substantial reduction of the short interest diminished the urgency of the demand and made it less easy for the opposing: speculative party to bid up prices. The action of the market had the inevi table effect of modifying speculative opin ions of conditions in themselves unchanged. This was seen in the suggestion of flaws In the effectiveness of the settlement of the Pearson syndicate's difficulties. The ques tion was heard whether the concentration of power over the railway systems of the country which would result from the sur render of that syndicate's large control to hanking interests already affiliated with rival and completing interests, might stimu late renewed agitatmn against the power of centralized capital and induce more stringent legislation for the repression of these tendencies. The determination to discontinue divi dends of the Atlas Portland stock was used to contest the rise In prices. The inci dent scarcely leads itself to a supposition of declining husiness. as the possession of large contracts with the Government for Panama Canal supplies makes it necessary to divert resources for an increase of ca pacity. The special nature of these con tracts also detracts from their importance as showing any sign of general trade ex pansion. As an evidence of the diff iculty of enlisting new' capital, however, the in cident has real importance. Preliminary estimates of the week's cur rency movement gave a rate of inflow to New York hank reserves that carried Us suggestion of decreasing trade require ments for money. The gain for the week from various sources seems to have reached an aggregate of over $12.00o.f00. Ponds were firm. Total sales, par value. $2.i:;4.000. United States bonds were un changed on call. CLOSING STOCK QUOTATIONS Closing Low. Bid. Sales. ' "t.V 27.So 1.300 High. AI119 Chalmers nf Am Agricultural . . Amal Copper .... Am Peet Sugar . . American Can Am Car & F1v ... Am Cotton Oil . . Am Hd & l-t pf.. Am Ice Securi .... Am I-!r?ed Oil .. Am Locomotive Am Smelt & Ref .. do preferred Am Steel Fdy . . Am Sugar Ref . . Am Tel A- Tel Am -Tobacwo pf . . Am "Woolen Anaconda Min Co.. Atehi;n do preferred Atl Coast Line . . . Rait A Ohio Bethlehem Steol .. BiHk Rap Tran. Canadian Pacific Central Leatht-r .. do preferred Central o? N J Ches A Ohio Chicago & Alton . . Chicagii Gt M est. do preferred . . . Chicago & N" W C. M & St Paul .. C, C. C & Pt L. . . Colo Fuel Iron.. Colo & Southern . . Consolidated Gits. . "orn Products ... Del & Hudson I R Grande ... (in preferred risiillers" Securi . . Erie do 1-it preferred. do id preferred . General Eieciric . Gt Northern pf ... Gt Northern Ore .. Illinoi! Central Intf rborr.uch Met. . do preferred ... Inter Harvester .. Inter-Marine pf .. Int Paper Tnt Pump low Central .... K C Southern do preferred Laclede Ga ?uisvil!e & Nsfh Minn & St Louir. M. St P & S S M Mo. Kan & Texas do preferred ... Missouri Pacific .. N::inal Circuit National Iead Mex Nat Rjr 2d pf N Y Central N Y. On t & TVeat. Norfolk & Went. . North American . . Northern Pacific . . Pacific Mail PennsA'Ivani People's Gas ..... P. C C & fit L... Pittsburg r-oal Pressed St ec Ca r. Pullman Pal Car. Ry Steel spring. . 37 H !' 2S 8 4.1 S.Vi 2H l ll 3314 tWl, 100 43 117 13114 3S..3 B.V PSl 24 74 4 1S5 a4 101 Vs '21" 41 141 12014 h 1.1 T ir.su 2.'i 314 2S 2i4 S4 44H 644 2S4 18 11H 34 1,4 na ltMlVj 43 1164 131 Vi 81 C 2S !.'.U B7V4 ln7 losH 22 7414 14, 31 101 i 2S0 ' 4 21 41 141 1S1V4 26 Sl 126 V. is ; ISSHi 64 48'j " 1S 32 104 Va 43 117 132 S.Tf'o 7m 1,1X 4X .lo 3i0 2i'0 lOO 1.60O tJOO 1 IH 15, HO WOO 1, 0 fr'O 4 .90-0 U'O 6,4o6 ' lO, oo 8-0 3.4O0 104) 6.0-1 4fO 3 4. 0 20O JV'O 2, R"o Kf 7m lort 1.3 4.W l.JMV ,-frt 2' 0 100 300 1. nno .v-o 6.3rtO 4-V 400 l.l r 3.000 3"0 3.1VV TOO l.,V 2. TOO 4.1'V 500 2 7i rf V 3.400 1O0 p. Sort : -o I.700 loO 1.100 "8O0 3!H 97 Vi IO914 751-i 1RV4 31 101 H 4t 141 122 4, "1 -i ills l.Vi . 2H 24 1411, 124 u. iri'n, 17 47 SitU. IS'I wu 411 li 27 , 61 . s-v; 1M7H 2fi Ml, 1"3 5 v; 27 111 - 41 67 117 241, iri, io.-. ir, 2!H 3U' 3. n 29 U 14-11 12::'-., 12I 4. -1-, R ' 14 lii-i 4fH4 1BU 2SU. 13;.i." 1231.; 4S14 14 101. 39 lfii,4 li4 US 13fii 24 'Hi1 T 51 lO! lTni; 40 h M V. B7 " 1154 24 " lL7- S. 141. SO " l.V? 30 60 V. P3i 137U, 31 50 (14 1 3 41.4 2s, HO 414 P B7U lisC 24 S 127!i IS 294 125,000 ReadtnR 91.3CO Republic Steel ... l.Tuo do preferred 1.30U Rick Isiand Co 2.30O do preferred- . . . I.mOO St L S.uthwestern do preferred ... 7:0 Slofs-3heffleId 4.000 Southern "Pacific .. 3o,900 Southern Railway. 2,100 do preferred . . 9i"0 Tenn Copper 5O0 Texas ft Pacific. 1,000 Tol. St L. & West. iro do preferred ... 1,100 Union Paottic ... 81,700 13S 138i 13, 31 i4 30 20V4 DO S0i4 9o 3o, US 29 1A 62 60 69 Vi 22 5Sij 'Hi" 55 57 50 R4 111 110 11H4 22 21- 2214 51 5014 6tW-i 224 22 21 25-14 2514 251i 20 2o 191.'. 45V4 43 43Va 161 15Vi 160 0 90 89 HS 34 3.1 32 "4 69 671. B7 116 115 115V4 44 43 43 58 57 57 17 16 16 34 33 33. 42 424 42 66 6 53 0 60 60 do pref erre-d . . . 200 V S U S U S do rtah Realtv Rubber . Steel preferred 300 .117,700 . 1 . 70O Copper . 3.300 3,100 2.X) 4.70i Va-Can) Chemical. IV abash do preferred.. Western Md 2.20 W'ctinghouse Elec l,too Western L nion . . . 300 Wheel & L KVie Total salea for the day. 538,200 shares. BONDS. NEW YORK. July 20. Closing quotations: V. S. ret 2s reg.IOOlN. T. O. ;n 3s 87 do coupon . . . UlteSi'No. Pacific 3s. 69B U. S. 3s res lKlHfS'o. Pacific 4s... 9 do coupon . . .loHd'fnion Pacific 4s-lon. U. h. new 4s reg.ll4!wis. Central 4s. 01 do coupon ... 1 14 i, : Japanese 4s .. 80 KB D. fc R. G. 4s. 02B 3Ioney( Kxchangre. Etc. NEW YORK, July 2. Money on call easy, 1S2 per cent: ruling rate. 194 Per cent; closing bid, 1 per cent; offered at 2 per cent. Time loans dull and easier. Sixty days, 33 per cent, and 90 days, 34 pr cent; six months. 55 per cent. Prime mer cantile paper cloee 5'o6 per cent. Sterling exchange weaker, with actual busi ness in bankers' bills at 4.8325i84.8340 d $4.8425 for demand. Commercial bills. 4S21 4r4.8ii. Bar cilver, 53 c. Mexican dollars, 44c. Government bonds steady; railroads firm. LONDON. July 29. Bar sliver Steady. 24 d per ounce. Money lfm oer cent. The rate of discount in the open market for short bills is 1 per cent. The rate of discount in the open market for three months' bills Is 2 per cent S1016'S 'r money' S1 116; do for account, CHICAGO, July 29. New York exchange loc premium. SAN FRANCISCO. July 20. Sterling on Loncfon, 60 days. $4.83 94; sterling on Lon don, sieht. s.4.85. Silver bars 53 c. Mexican dollars 14c. Drafts Sight, .05; telegraph, ,08. Daily Treasury Statement. WASHINGTON. July 29. The condition of the Treasury at the beginning of business today was as follows: Trust funds Gold coin Silver dollars 8S.353.669 4S9.5S2.0O0 3. 637. 0O0 4SB.382.OO0 Silver dollars of 1890 Silver certificates outstanding. . . General fund Standard silver dollars in gen eral fund Current liabilities Working balance in Treasury of fices In banks to credit of Treasurer 2.S09.1S1 105. 173,493 '.S04.665 or the United States 39,733 866 Subsidiary silver coin 20 279 4 :6 ilinor.coln 1.144!l90 Total balance in general fund... 90,305,250 Eastern Mining Stacks. BOSTON, July 29. Closing quotations Allouez 36 Mohawk Amalg. Copper.. 62 "evada Con. .. A. Z. L. & Sm.. 21 Nlptssing Mines. Arizona Com. -.141 North Butte. Atlantic 6 ,'North I-ake... B & C C A" S M. 12 'Old Dominion.. Butte Coalition. 17Osceola .. 45B 19 10 23 74 33B . 119B Cal. & Arizona. 50 iParrott IS ,'.1?UH Cal. & Hecla. . .520BjQutncy 70 Centennial ..... 15 Shannon ........ 9 Cop. Ran. C. Co. 61 'Superior 39 E. Butte Cp. M. 64'Sup &. Bos Min.. s Franklin 9 sup & Pitts cop. 10 Giroux Con 6 Tamarack 50 Granby Con. ... 30 r. S. Coal & oil 34 Greene Cananea. 6't". S. S. R. & M. 36 I. Royale (Cop.) 16 1 do preferred.. 4f)u Kerr Lake 7!l"tah Con 21 Lake Copper.... 32U'tah Copper Co. 43 La Salle Copper 9 Winona 5 Dairy Produce In the Eaat. CHICAGO. July 29. Butter Steady; cream eries. 23S27c: dairies. 2326c. Esrgs Receipts, 8497 cases; steady at mark, cases included, 1014c; firsts 15c; prime firsts' 17c. Cheese Steady; datsiea. lSfelSUc; twins. 144 Sloe: Young Americas, 15ig-15c; long horns. 154c NEW YORK. July 29. Butter. firm. Creamery specials. 2S14g-29c; extras. 25191 2Sc; state dairy common to finest. 22 27c. Cheese Steady, unchanged. Receipts, 1962. Efc-gs Quiet, unchanged. New York Cotton Market. NEW YORK. July 29. Spot cotton' closed quiet. 70 points lower. Middling uplands 15.35c; middling gulf, 15.S0c- Sales, 71 Sat bales. Futures closed barely steady. Closing blds Aucust. Ii.llc: September. 14. lie: October' 13.6;c; November. 13.53c; December, 13 ....lc-' January. 13.45c; February. 13.46c; March 13.00c; May, 13.55c, .' v MBS SELL AT THE TOP BULK OF BfSIXKSS IS IX THE MUTTON LINE. Choice Hogs Move at $10.25 at the North Portland Yards Cattle Are Steady. Trade was of fair proportions at the stock yards yesterday and all classes of stock were represented. The market held steady all around. Most of the business was in the mutton line. Seven sood -sized bunches of lambs were moved at $6 and sheep sold at $ 3.50 and $3.00. A small lot of choice hogs brought $10.25. A large shipment of Eastern hogs Is due early next week. Steers brought from $4.75 to $5.60 and other cattle sold at the former range of prices. Yesterdays receipts were 105 cattle, 14 calves. 344. sheep and 30 hogs. Shippers of the stock were George Bur dick, of Salem, one car of cattle and calves; C. B. Tatton, of Halsey. one car of cattle sheep and hogs; C. L. Falk. of Halsey. two cars of cattle, calves and sheep: L Kohl hagen, of Roseburg, one car of cattle: L. E West, of Roseburg, two cars of sheep; C B Burdick, of Lebanon, one car of cattle and calves, and C. K. slowers, of Roseburg. one car of cattle. e The day's sales were as follows: . . . Weight. Price. 5 steers i-'. , , 21 steers 52? ot lambs eo c 71 i hi :::.:::::ii4S I:S5 2S 218 10.25 M hogs 2:ts 10 00 1 c?" 1043 4.25 25 hLf1ers J ISO 5.00 Iu ....11KO 3.75 U 104t 3.50 ,-l b,u" 1240 3.73 I'.l fheeP 98 3.60 .";;A amf;s 67 U.Ort 21 0 lambs 71 00 ill am 7.2 H.00 1h9 lambs 71 e u JUS ;am?s :::::: if tSS lil lambs T 600 Prices quoted on the various classes of stock at the yards yesterday were as fol lows; Beef steers, good to choice 5 2rf?t 575 Beef steers, fair to medium.... A.'lhQ 4.75 Cows and heifers. Rood to choice 4.nr(g 4 65 Cows and heifers, fair to medium 3.50 4 00 Bulls 8 75 fataS 2.50ri; 4.50 Calves, light 6.75 6.75 Calves, heavy 3.50 5.00 Hoge, top 10-00g10.25 Hogs, fair to medium 8.603? 9 75 Sheep, best wethers 3.75ii 400 Sheep, fair to good wethers . S.OCgi 350 Sheep, best ewes 8.00(g) si5Q Lambs, choice 5.50 6 00 Lambs, fair 4.75 5.25 Eastern Livestock Markets. KANSAS CITY. July 29. Cattle Receipts 400t; market, weak. Native sfeers, $4.5off8 cowi and heifera, ?2.25S50; etockers and feeders. S.TSa; bulls. $.'4.25; calves, $4 7.30; Western ateers, W-iiT; Wetern cows. Hogs Receipts, 5000; market, 5c to 10c lower. Bulk of sales, $8.2Og8.00: heavy $S 15 r8.25; tickers and butchers. $S.2oS.56; light $3.5tii8.tiG. ' Sheep Receipts1. 40; market, steady. Mut tons, $3.7iijj4.2a; lambs. $G.7f7.25; fed weth ers and yearlings, $3.1 olio; fed Western, $04. OMAHA. July 2. Cattle Receipts. 110O; market, steady. Native steers, $4.757.5; cows and heifera. f 3.26(S5.85; 'estern steers, $3.5Q'&; range cows, $2."r'ti5.Sr; ranners, ?2.50 3.23; stockera and feeders, 5.5y - calves bulls, stags, etc.. 33.23. Hogs Receipts, 2lX; market, IB If 25c lower Heavy. $7.73iS.20; mixed, 7.ot 4. ;o; light S.20$j5.55; pigs, 97.5U8; bulk of a.les $7.50 8.2f. heep Receipts, 270V; market, steady. Year linps. fri. 5t 5.50; wethers. $'1.504.25; ewes 2.75a.75; lambs, $6.507.50. ' CHICAGO, July 29. Cattle Receipts. 3500; market, weak. Beeves, 4.70(ff8.2O; Texas steers, 3.5ftJ7 5.r0; WPFfpn ft"T, $4 757 J. utock- TK.WELEBS' Gl lDE. HONOLULU And Back Flrst-Class) buva Irani f l- $110 ine bpiendid twin screw steamer RIERRa ( 10.0OO tons displacement) sails July 30. Aug. 20, Sept. lu and every 21 days. Round trip tickets good for four months. Honolulu, the most attractive spot on entire world tour BOOK KOW and secure best berths. LINE TO TAHITI A.N'D NEW ZEALAND 6. S. Mariposa and Union Line, Ballings Aug. , Sept. ll. etc. Tahiti and back 24 das), tlzi first claas. New Zealand (Wel lington), $246.25 first class. R T six months. "Write or wire for reservations. OCEANIC 8. 8. CO.. 47I Mirkfli Street. San Franelaco ' Canadian Pacific Empress line of steamers, sailing weekly between Montreal and Liver pool. Wirelesa on "all steamers. Ask any ticket agent or write F. R. Johnson, Q. A.. 14i Third nU, PorUand. THE UNITED STATES NATIONAL BANK PORTLAND. OREGON UNITED STATES DEPOSITORY Capital - - $1,000,000,00 Surplus and Profits. $725,000.00 OFFICERS: . C. A IX S WORTH, Prealdent. R. W. SCHMEER. CuMw R- LEA. BABXES, Vice-President. A- M- WniGHX, A...lt.nt Cuhler. W. A. HOLT, Autatut CuMeb LETTERS OF CREDIT AND TRAVELERS' CHECKS ISSUELVNEGOTIABLE EVERYWHERE DRAFTS DRAWN on all FOREIGN COUNTRIES Lumber mens National Bank CORNER FIFTH AND STARK STREETS PORTLAND. OREGON Capital $500,000 OFFICERS. DIRECTORS. G. K. Wentorth PrcMdmt K" T'V C has. S. Riiell John A. Keatinr Vice-President P. S. Bmmby . . , , lr. K. A. J. Mackenzie Geo. L. McPherson Mce-Prerident ,;,rKe o. BlnBl,am H- Story Ca,hle, i.1" ieT.V"0" r. A. JTeeman Ai.tant Cahier f, . Graham Dukehart Awistaat Caahler SL? bTory' Ladd S Tilton Banfi Established 1S59. OLDEST BANK ON THE PACIFIC COAST Capital $1,000,000 SURPLUS AND PROFITS $600,000 i?j M,'a'!d. President. M. S. Howard, Jr., Ass t Cashier. J-dw. CookinKham. V ice-President. J. W. I.add, Assistant Cashier. H. Dunckley, Cashier. Walter M. Cook, Ass't Casliier. irst National Banfc Capital $1,500,000 Surplus 750,000 .Oldest National Bank West of the Rocky Mountains er and feeders. $4$6.2u: cowj and heifers, $2.506.35: calves. $a.50ijj8.75. Hogs Receipts, estimated, 18.000; market, slow to 10c lower. I.ifrht. $S.5038.85; mixed, 8.15ti8.7U; heavy. 7.Sii8.60: rouch. $T.80 8.11); Rood to. choice heavy. ?S. Ifr8.30; pigs. t8.5frg8.D0: bulk of Mies, tS.R.', S.O0. Sheep Receipts, estimated, la.OOO; market, steady. Native, $2.7Kfr4.50; Western, 2.ttO 4.5'; yearlings. $4.,i4.7S: lamha, native. S4.5CVST.S0-; Western. $4 i,"t7.80. 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., . Portland, Oregon. Phones: 3Iaki 9357, A 4613. TRAVELERS' GUIDE. ALASKA AND BACK including: Berth and Meals SUMMER EXCURSIONS via Smooth "Inside Passage" Twelve delisrhtful excursions from Seattle to ALASKA and back cheaper than staying at home. Don't wait until mtmamer arm maid out Wfritm auich for Jmtailm and rmmmrvationm Pacific Coast Steamship Co. 249 Washington St. PORTLAND COLUMBIA RIVER SCENERY Fast Excursion Steamer CHAS. K. SPENCER Leaves d&Hy xcept Wednesday, a a. lor liood Rivsr and -way landtag and rs turn ltave liood River, 2: p. At; arriva Portland 8 p. M. SUNLAT EXCURSIONS-l-aares 9 X. M.; returns. 6:ao P. M. First-clas Meals Served. Fax. One Dollar Bound Trip. Up-town Office, 69 Stb Si. Fbones Marshall ly'O, A. 1293. Landing and Oifv-e. Foot TVashlngiftn st Phones Main S619, A. 2465 Lowest Rates to Picnic Parties. " W. KPK:rER. OWXKR. SAX FRANCISCO & PORTLAND SS. CO. New service to Los Angeles, via San Fran cisro. every five days. From Ainsworth Dock, Portland, fl A. M. SS. Beaver, Aug. 1; Bear, 6; Koe Citv. 11. From fcian Francisco. Northbound i'J M SS. Bear. July 30; Koee City. 4; Beaver. 9. From San Pedro, Northbound. SS. Hose CHy, AuKiiMt 2; Beaver, 7; Bear. 12. IT. O. Smith. C. T. A., 142 Third Pt. J. W. Raowjiu, A Kent. Ainsworth Buck. P hones Main 402. 26S; A 14' O. COOS BAY LINE 3-DAY fiERHCC Steamer Breakwater leaves Port tun a 9 A July 23, 28, Aug. 2. 7, 12. 17, "22 27 and every five days, from Ainsworth Dock, for North Bend. Marshfield and Coos i?ay points. Freight received until 5 PM. daily. Passenger fare, Urst-claas. 110; second-class. $7. including berth and mais Inquire City Ticket Oflice. Third and Was-i-Ington streets, or Ainsworth Dock. Main BS. San Francisco and Los Angeles DIRECT .2thaPa,,'.iC S- s,-,Co-' s- S. Roanoke and S. S. Elder sail every Wednesday ?ive?,teJy .at S p- M- Ticket office 132 Third at., near Alder. MAKTI J. HIGLEV, PaenKer Axut, . H. SLtSSEll, KrelKht Agent.