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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Aug. 10, 1911)
17 AUGUST 10, 1911. "f TTTE MORNING ORrnOXIAX. THURSDAY. MARKET IS HEALTHY No Inflation of Hop Values This Year. PRICES ARE WARRANTED tonfr Grade Callfornlas Srllin CIom. to the Figure Offcrfd for the Brut Sonomas First Sale In New York. Tb nM tmportarrt development la the top awktt jMitnlU wa h 6a,rn don tn the lower grade ef California hop a UH eenta New-crop Ro'" River, afen dortuo and Sacramento were bought at thl Srure. Proctor M th p jrrhaer of tha afendoelnoa Thee trnaetlon draontrate tn healthy tona of th markt and how that tha bMt of II cent for (onomu wre aot unreasonable. Offer of l! cent were mi at Falem yeetardar for 10 bale and 80S bale. Three contract war. cloeed on tha west side dor lac tha dy at bettr thaa It ents. Crap am from California waa bulllh la tha artrem. It la bow knowa positively that tha Sonoma crop haa beea badly hurt T Ilea and naloas tha wealber change tha yield will ba cut down materially. The following cabla waa raealvad from London: Trop prospect ere fair for quality. Wethr U too dry. Market la very firm." Another London cabla trmtd VO.00 en aa tha eutld figure for the English crow. Tha Now Tork Journal of Commerce of Amw notoo tha sale of a 18-baI lot of aarly Nw Tork Male hop, already har veated. at BO ont per pound. - Baaod en tha latxl ilmats received from all ourea. tha following ttltlr may ba considered aa raaonahla for tha trow tr.s crop, eomparlaon being mada with last year: llt. It. oat. t't AmeVe T.a 17S.048 England 0.00 1U.0 Contraband .............. .00 gst.aao Total t.l7.ua l.sai.oo Pound". Wortda hop enumpt!on . .. W orld a crop. 1: 1 l.:T.0 e s''.6"ii.0r L).li:.low Aooarant ahortaaa 47.7. figurra for tha world conaumptkn of hop ara baaad on tha total annual pro duction of baor. which la aatlmatad by tha loading Europoaa authorltlca at IJ.JI.0 barrala Agalnat tha ahortao aa ahown abov muat bo placad tha hop carried or from th crop of l4 to lt. Thl earrroror la not accurately known, but lh quantity muat ba ry amalL ' fOlMBT BARLEY nOUKR WAXT (3 I nraxra W ho Hot ot Yet Sold tlx Idea at High ngnra. Tha etrongth of tha barley market la (till tt feature of tha grain trade. Tha am!! number of farmer, who ara at 1 11 holding t;ieir crop la Eaatera Waahlngton. are Bak ing 130 a toa there, a price that th buyer d? not aeem prepared yet to pay. Wh.a! farmer are alaa bull!hly Inclined a a result of th barley balge and wheat trading la ronaequently of (mall proportion. Local prire are quoted Arm and unchanged. The oat market contlnuaa dull. Local receipt In car war reported by th Merchant Exchange as follow: Wheat Barley Flour Oat Hay Monday ruedar ........ 1 Wednesday i Year ago II P-aeon to date..:! Tear ago 3 17 : H a 1 I ! t i: i i i : i s -a : JJO 'I 2i TRIED PEACH MARKET I hOARiNO raory Prtrwa Ara PaM by Parker la Cali fornia. Th dried peach market In producing sec lion ha been (ailing In Men altitude tha past week ar mora and th word "sen tlonaf la blng freely used m rfrnr ta purchaaaa made In aom localities by pack- ra. ear tha California Fruit Grower. Pack ara generally have been covering th Ban Joaquin peach section and buying peach of 1911 crop from growors. paying lo a pound. V.ry large purchase hav been made at around thla figure. During last k It I estimated that 000 ton of peache war bought from growr In Fresno and Krngg Countlea. tha areraga price for th entire amount having been mada at Se ta (He prarloua to th 1 c prle tabllshed at th and ef the week. Beate for Poultry. Poultry sold Spring chtckan war quoted at Spring brought better yetrday, Tn being In demand. Hena IB1H cent and good llSKia centa There were not many Oregon egg on band, but Eatrn gg wr freely offered and the price waa maintained at th former level. Butter and -cree wr firm and ua changed. a Larga Oral. Front street's peach trad was on a big rale yesterday. SuppU war ample, how evr. and prices held steady at th quota tlono of the preceding day. Other decld uou fruit were steady. T he re waa a good demand for cantaloupe and melons sold fairly well. ' Raepberrle were scarce. . Bank Clearing, Bank clearing of th Korthweetern cute VMttfdav were aa follows: Cleartns. Balanree. Portland . II. J.MV6T eliW n'n eattie 1.44-i ll.' T oo ma .MM.1HJ 22 kpokana .. J-i 4.3U1 PORTLAND MABaLETS. Grata. Flew. eed. Eta. WHEAT New crop: bltieotem. 1; club. 7c: red Buaaian. 7c: Aa.ler. 77c Pt.O; n ratenta ! S3 per barrel atraighta txts. sport a. JIM: Vallay. II.PO, gra.'.am. !. whole wbeat. (e-io. JslLLTI.Tr"S Braa. lie.Mtais per tow nlddilngs. 13?: shorta jjj jok faoO: rolled bsr.ev. rosl W ho.. Jit: cracked. $.4 per ton. paklct m. reen. i.iKg:i per toa Brewing. .' Per ton. OAIa Vhl aoite. e per ton; new. $24 per ton. HAT Timothy, vallev. lje)l: alfalfa. (11; clover. 1 1. grain hay. 110. Tenet hie aad Frwtta. TOPICAL FRVITS Orangea. .:,00 4T1 per bos; canromia grapefruit. 11 SI M bsnanaa li per p-iun.!. pineapple. Ber rourid: lemons. Illi5i) per box. FRt.-H FBI ITS t.ant!oupea. 11.2.1 Ber crate: Deeche. "ic iS II per box w:ermeion. 11S per pound, plivn. Vuc fll.7a per crate, prune. (l.TO per sut; n apple. II TAsl.Se per hox. ra.pterrlea. I 3 S.. blacHberrie. IL7S4 11M. pear. I per hox: Caeabaa. ISc per POUB4. vtuCIAHL- heaaa. 1010c. aanbage. 12 par hundredweight: corn, Ju a iie ear doeen: nieumbera. (ICfl.xa per boa. egg. p.ant. 10ffl3i,c per lb.: garlic. 10 9 lit per wound: ict'.ic .Itisic per aosen: ntneue lettuce, tl 201 75 per boa: pepper. aioe per pound: rat.eaee. ize par aosen; to toe. thrill :j oer tox. SACK VEOSTABt-ts New earrot. LT per a-k: turnlr. Il l': beeta, i ij. POTATOU New Oregon, laglVl pea prand. OKlONa Walla Walla. SLT per hnadred. Stapl Oi aUfO! Columbia Rlvar. 1-pound talla. aa IA -,r Jaub: k.BOUBd talla I1M; a-wrad rata. A0: Alaska plan. l-pwad la. a II 11. COITM Roaated, ta drama, tag) awe Prartl aula 14-1. Mlrta idej, almonda 10 lac: pac. 18c; coeoeauta ?el.D" .s: rMinnti UHo por pouaa; ajekory mi. Saioo pr pound. HONET Choic. 88.78 par eaaai etrala4 bon.r. 10a per pound, . ,,f ALT Granulated. $1 par tea; haa ground, looe. pr toa: SO. I par toa BEANS email whit. c: larg wklta ; Lima. Ic: pin a. Sc; red Mxleea r: bayou. 8c. ' BICE No. 1 Japan. e; eheeper ma fS.frOa&S: Souibera heed. w , ported Imperial, ft a, a; Imported aau-a a. "slfllR Dry .granulated. 14.181 brTT. It 5: beet. -: aatra C. 4.7; powo. barr.la. 45: rha. barrala. ' DRIED FBU'ITS ApKlea, 12 f wo " pound. aprlcora. Jc; piacnoa. ""- runaa, Italian, want; ; hita and black, aaejuio: He; raoalna looao atuacatau . acbad Tbompn. llH'; ataa: iaa. vvavama- Dairy aa Owaatry Fiadaxa POULTKT Hna. l81Hc; Sprtnc. 19 ISSc; durka. younf. lie; faa. nominal, turk.ya. nominal. , . LOba K'aaa oraaoa ruoo. - iar doaao. BUTT E a City cramry ara. i ound prlnta. In box.a. aoo par poono. wa. tftan boa loia. cartor.a ana aeiirary I HE! SE Twlnl. triplet anu ljc r' pound; Ioun Amanca. PORK. Fancy. llo par k" VKAtr rancy. U1M P pound. raai and Hlaaa. HOPS eontracta SOffSSe par pound: lo crop. ao; liruu crop, ;uiic. oioa, u WiJe. mohair cnoiea, nuiai UOL Eaaiarn Oragon. tOiaa oand. according ta aarmaada; a.i.. r 7c par pound. . . PELTS Dry. 10"4: lamba. X30 aaokj abarlir.ga li 1 each. h in?., Kaltad hldaa. HHo par pound. aJtad caJf. l.llc; aaltad kip. Ho: aaltad taga, 7c; groan hldoa. tc; ary nma. . oxy ca:f. ltfiloc; dry ataga. iiyn CASCARA iiAKK 1'ar pouao. w - UNSEED Ott Pure raw m barrala. tloi blled. la barrala. Jo; taw, la caaex, ww, oiled. In raaea. aoo. TLRPE.VT1.VB case, iso; tia; iron barrel, aac: 10-caee loi, . a-. OAfOLl.NE Motor gaollna. Irea barrel. 17c. casea. iec; k gaaoiin. Iron barrel. 11 caaea. aao. . . COAL, OILc orainary laax, - bulk, ta taaka. ttto. HAMS H to il vounda. " 4 pound. lljlVc 1 o Pound. II a (lie; 1 to 14 pounds. llHHt, aau.-. fc. plcnlca, l.'HO. coiiagw MOKkD MBTS Beef tosguee. aei diled beef seta Dt; ouls.aa. aae; i 14c: knuckleA - c. LARD Kettle rndred. tlerc. lie. tubs. lCec; standard, tlerc, llo; tub. lc; choice tiercea. none; i . i i.rr.. ae: tuba. I bacon Fancy. lie; tandard. ISo; ckolr. lie: English, llo. CRT SALT, CURS.D Rgula hrt lar e,. ..i. uua: amoked. lite: back a light. ..i, like: amoked. 14 -o: backa heavy exit. 11 we: amokeo. 14to; expona, aaiw u-i smoked. 14tt GUTTLE TRADE ACTIVE FAIR.RCX AND GOOD DEMAND AT STOCKYARDS. Ktaern fiell Co to- 15.7& and Good Cow Bring $.75 Mutton MArket feteadj. Cattle and hp old freely at the stock yard ytrdy. There waa a goo omna and a fair run. Tha tona of the market wa stead r. . . . or nun waa uiefuwu 11 showing that flrmneaa connnuee iu branch af w bustneea The bear teers on offer brought I57. One big lot of 2"S head waa sold at 1.1 do. Coa ranged from J.5 to 14.75 and other kinds of cattle went at the established range ef prices. oaveral bunenee oi - axa head, were so Id In th artrnoon it J - i. A ma lamba brouaht I&.1A. Receipt for tha day were l cattle. 102 sheep and a hoga bhlppr were . . a. a., naiuue, Wash., lour car of sheep: can jenean, pilot Rock, two care or came; run .oiviu. Eiin. s.M.k two cara of cattle; Allen Por- t.e wliot Bock, two cara of cattle; Mer- .nikrt xiiot Rock, two cara of cattle; 1r. Allen. Pilot KOCH, two cara gi Ernest Bart, Pilot Book, two car of cattle u,ir,.k, pilot Rock, two cara ot cat i.. c- w nurk. Areo. Idaho, two car of cattle, and 8. Smith, by boat. hoga Weight. PrleeT 117d -40 ....10TJ 4.23 .... 1H I.OO .... " .1 .... t S.uO . . . . . I'ri . no .....12ik e.7 .....1114 ..... 4---S . .... " JIM 1 H"el ft 7J .... 970 40 .....1130 S.50. ,....110 4 2h lortd 4.13 m 4 "0 1('70 10 Ml 4 40 ..... 970 S."0 .l 4 71 1H3 T.3I eio 4 so S40 R 00 1410 3..V) II AO .H.1'0 1J4S 2- 74 3. IS S cow .. 3i cuw .. 12 wot here 144 wethere lt wether hog .. 4 4 'eer . 202 steers g steers , A staera , S steer , 10 J cow .. 1 cow . . 2 cow .. 24 crwa S cow a . li cow ., 57 cow ., 1 cow ... S.1 cow ,. C2 calve 1 calf ... S caUeS 1 ball .. 1 bull .. 2 bulla .. of atock at th Portland union ntocayaraa wera follow. Cxtra choice eteera .... i ... . IV7r.ei3.P0 . i.MJ a 6 "H . ft WW ft.so C'aoire eleere oood to choice eteere. ...... . nlce cows Good to choic cow ... Good, aver 100O pound Common cow Choir heifer . 4 :.t, 4 so 4.00 U 4 2 73 ir 1 CO 4 75 O 8.00 Choice bull S 3l u- 3.1 Choice calve. 200 Iba and under Too J J. Good to Choice calve. ft rn t 8 no a.ixid 6 no Common calve Choice staes 4 iM) 4 73 0od to ciiotce ataaa -Hogs . . . 4.3 J 4-iO Rxira choic lignt noga Choice heavy hois .... T.sstj oo 7 IHIB T.'i .2.'w .' Heavy rousn nos Bheep Choice yearling, wethers, coara S 23t 30 fhoica viariln wether, east of a ? s.5o mountain Choic two and three Choice Spring lmb ....... Good to choic Spring lamb . 0tt S.f. 6.31? S . ft no 9 ft 2 Choic killing wee -" The following quottlon represent price: 2.73 , S.0O an thl market lor in oi"""i ; v..u. iirartera. extra b'a. I.too Ll.1 jO . . ...a, . ITMI lba l1.30tf30 draft era 1200 to 14O0 Iba. llOOtfi.'-O: chunk. 173 and up; saddle horaea !0 and up. Chlcaare Llrrsteck Market. CHICAGO. Aug. . -Cttle Relpt ertl . ten.... Market eenara lv 10c high' d..v'i;W: Texas ateera. 4..VT a Art- U'eetern sieers. (4.10SO.4O: tockr mr,A feeders t3u3.0: cow and halter. r . ... j .... ". 7, i '. ..iiffi,t,l at 40 000: mar' ket 1"C higher. Light. 7t7 0; mixed .-t.,rBi, Hvv. 1'l.r.O u 7.72W : ruxh, M ll a T.ui'. good to choic heavy, tl. ! f72w: Pisa ldaT.63; bulk of !, 7.a3) e a -wwm ... . . . . ao ma . . -r - SheP ttecripi eaiimaiwu av ao .. - Met. stesdy to l'c lower. Nstlve. -'T3J 173: tv e.tern. 12 .MI1.S5: yearllnga, 1.1.73 9 a 73; lamba native, o 73 &b.73; v HMOtrJ. Metal Market. NEW TOR K. Aug Standard copper, quiet: .Pot. 12.1TW a 12.17 v.o: Auaust. Sep tember, and October and November. 1210 9 uiT.a London, dull; spot. 13d. 17a ad; e,nrea 1ST. 2. 6d. Arrival reported veav Tork today wr 5d0 tocia Custom tiooaa returns show exports of 6313 ton ao far thla month. I. copper, 12.75 lS.00e; ictrolrtlc lid2 i d lI.7io; in. 1117k. fll2 30c Ti-uulrt Soot. 42.P0 8)43.37., c: All J ToffU Juc: September. 42.309 41 tor: October. 41 T30 4i.23c; November, ai.23A42.OOc. London. ea ; (pot. 11W, it,, r.if nrea. Ilt. l.'a i'.. ouiet. 43 4 00e New Tork 4.42H tJ.7o East St. Loula London, alA, la, ad. trpelter Rtrong. spot. 030al3; Nw Tork: ojOoo Eaat St. Loula Salaa. 10 ton Eat ft- Louis; September delivery t S O'er, and 30 ton c.t nu Louis. Oct Ker deltverv. it 3 &Oc London. 23. 13a Antimony Quiet; Cookson . S 10 at 30a. Iron Cleveland warrante. 4Aa. 1 In taadna Locally Iron waa quiat: No. h..Ar. Northern. IllSllSt: No. 2. 114.719 - AID ONTHEMABKET a a It. Bears Vigorously, at worn Forcinc Stocks Down. SHORTS ARE IN CONTROL sines Are at the Ixmest Point In Several Months .111 Unfavor able ew Items Are Emphasized. NEW TORK. Aug. . In It aallant fea tures, todey-e atock marnet waa iwo a repetition of the preceding day. Price moved In a way auggestlve of fnrthr liqui dation, after whlea'thay recovered, only . mpnn ill auuiri k..wi.. .n.H.n reearrtlna tn revival u& -n.nl AraOa In IHA eall XDO 111, laoor ' " iron, particularly In It application to th transportation companies, la looming large. Advice pointed to th powlblllty of trlke i..v,. n. tha llarrlman lines, the Gould rstsm and the Rock Island and iinnoia ip.i Other new of th dy Included th an nouncement that the Atchison proposes to Issue 1 101,000. SOI of common nd aom mora convertible bonds. The etoca. i ". not Intended for immediate uae. rather a an cmargency measure, onouiu . - aneaea in anr new financing thl year It win probably do ao through the medium of BUI of It bonds, larg amount of which ara available for thla pur Boia Ihe crop report wa in oma cawe - dlsappolnung than w expected, ana tne ...kii...,!.. wa. followed bv another raid on the market, which nt I'nlon Pacific undr yesterday with .harp decline in tn riu carrier Th deoltne en orderly at first. but In th last few minute th aelllng gathered uch hug proportion that price crumbled away to the lowt level of the present movement. There were faint rallle which falld to arrest tne tn to any p nrecmhla extent, and th closing wa ex- emelr weaa witn tne man in""" t.l r, t the situation. The bond market wa directly arreetoa oy the movement of stocks. Total aalea par alua. ILIOl.tOO, United States Govern ment bond were unchanged on call. nlBIKfl STOCK QUOTATIONS. Closing Balea Hlrh, Low. Bid. Allt Chal pf 2i' TISl 6, 4O0 64 S 6.1 2"0 56V. 361, S.70O 31 'a 30 V 21 63 36 Amal Copper ., Am Agrlcult .. Ara Beet ijugar. 50 American t in.. Am Car A Fdv. Am Cotton OI!.. Am Hd A Lt pf Am Ice Securl, Am Linseed ... 10 52 400 fcOO 8'H SoO S3 "4 54 21 20 M 34 23 lua 63 22 1 IO Am Locomotive 87 Am Bmel A Bel ft. (KM) 74 72 'm" lid 135 3 'H'",' lo6ia lo3 iosii 82 T6H 137 23 72 103 do preferred.. Am Steel Fdy. . 20 10) 1.3"0 700 "soo XI 116 1S3S 4Vt 'iTH 108 H 104 S. i'H 32V4. 77H 340 V 27 9w 87 Am Fugar Kef.. Am T.l A Tel. . Am Tobacco pf. Am Woolen . . ., lis 184 9:1 2V 37 10'1 Anaconda M CO Atchison ie,7'o do preferrea. . duo ""ftwi S'0 S 30 13 Atl Cosst Line.. 11 ..It A Ohio . .. 11'3 10S 31 76 187 Hethlehem Rteel rlrook R Tran.. Canadian Paa .. 10.i0 Central Leather L3"0 . iOO 23 (ft) 340 do Drererrea,. Central of N J Chea A Ohio ... Chicago Alton 'X40O TTM 78 Vi 73 SO Chi Gt Weat ... 20 do preferred 41 141 Chicago A N W 4m 141H 123 141 121 120 50 C. t A St Pui inwi C. C. C A Bt 1. Co! Ful A iron 400 AO0 2i0 lot oh o4 ao 61 Col A 8outhrn. Conol Gaa Corn Product . 141H 13S 167S 26 1SBH 13 Vx 17 264 139 13 Pel 4 Hudson . . D A R Grande.. 164 26 do pretvrrea. . f.3Te Distillers Secur Krle 32 81 61 S2T, 63 St iii 12 in1 46 117 H SIS 61 i.ii" 123 14 31 13S 16 V 117 do let pi .... do :i Pf .... l.lOO ' V.600 P.OOO 1.3"0 lo0 IKKl 1,0 300 '"'aoo '"fioo 100 " "'ioo 100 710 600 V.aoo 100 aoo "")0 . 200 l.ooo 43 133 pGen Electric .. 123 Gt North pr Gt North Ore . . 51 138 lilinoia central. Interbor 3Ict . . 18 do preierrea.. Inter Harvester Inter Marine pf Int Paper Int Pump Iowa Central .. K C Southern.. 117 15 10 10 10 8T 1 1. 82 ioi" 144 80 133 83 '4;' 1.H3 52 ioi 40 1"S 73 122 21 121 104 "l9S 81 159 33 14 28 , 2 JS 56 44 82 io4 143 10 183t 84 '43 133 62 106' 40 104 72 124 B0 122 106 'it 83V. 1.9 34 1514 2i 8 i' .16 45 82 eo do preferrea.. Laclede Oil ... I.oun A Naeh .. Minn A 6t L 104 144 SO 134 M. 8 P A B B -I Mo. Kan A Tea o 1 do preferred.. 41 Mo Peclllo Nat Biscuit ... National Lead .. Mcx N Br 3 Vt N Y Central . . . N T. Ont A We Norfolk A We. 13J 51 2S 106 40 North Ara .. Northern Pac 600 la.41-0 g(.H 11O0 300 172 30 faclflo Man ... 121 Pennsylvania ... People's Gs . .. 104 93 P. C c a bv l... Pltatburg CoL. rressed 8 Car.. Pull Pal Car .. tiw Ktel Knrln 200 400 2O0 40O 111 83 150 32 Reading 11.T. 14 2 - 2 n nubile Fteet .. do preferred.. Rock Island Co do preferred.. St L T 3 pf Bt U outhweat. do preferred.. 2'- eoo 400 43 ; 46 Floss bnetiieiu , Southern Pac . Southern Ry do preferred. Tenn Copper . . 82.000 ft.OOO .3"0 l.aoo 11 80 70 S3 27 4cV 11 fS 71 8T 73 117 46 33 13 '60 Art 115 29 6 84 27 '44 1TR 02 71 87 73 116 43 6A 16 "en" 63 75 115 - 2 61 33 26 Texa A Pe . . ir , w r. a. We . 0OO 1 40 do preferred.. O0 Union Pscinc ..12ioo do preferred.. 4O0 r 9 Realty ... 100 r 8 Rubber ..- JO" U 8 Bteel .... .lSl.lilO do preferred-. 1.1" 1'tah Copper ... .o-'" 178 92 70 87 7 "4 110 44 63 1 Va-Caro Chom . Wabash do prf erred. Western Md Vesting Kieo . Western Union 1 m. t . IT 3O0 6-JO "fioo aw 1.200 Bl 69 63 75 8 Lehigh Valley.. 138O0 170 16T 167 :t":.i T for the day. ool.aoo anaree. BONDS. .... a rinain- ountatlon: NEW luna. ..a- ,' - - -,U.BTV,B c . mOie NO. P ClfIC tio 8 .71B . 101iNo Pacific 4 99 coupon ' . I !l01 rnlon ,Paclflo 4B.101 new 4a reg.ll3;Vla Central 4. 92 oouuon ...113,Japane 4a .. 7AB reg iu i do r? 6 At namfion D A R O . 90 B Stork at Boataa. Aug. 9. Closing quotation: nncTOV 20 .11...... X- miaim .u,k Amalg Copper. 62 'Mohawrk. I I, l- 27 Nevada Con ... Arliona Com .. 13 Nlplaain Mine. H AC C - M. 11 , North Mutt Butte Coalition. 17. North -.... Cal A Arlsona.. 64 Old Dominion.. r-Zl Z Hecla . .413 Oeceola ?:i,fnn1a .... 10 frrot (S A C) 42 17 "SI. 42- o 11 roA Han Con Co 6 Quincy 6T 1 1 Mhannon ........ 10 E Butte top sa- Franklln Glruux Con .... Grancy Con . . . jreene Cananea. 1 Hovalle tCop) Kerr Lake Lake Copper. . . . La Bail Cupper 10 Superior 27 KU. Tamarack ...... 3U a IU S S R A M... 84 6 do preferred. ..47 13 tin con jo . ftah Conner Co. 45 821k Winona 7A 3 IWolvarln ......107 Money. Kxrhaoae, Etc. TORK. Aug. 9. Mono vrll- TORK. Aug. Mony on can. per ci'nt; closing bid. 1 pr c.nt; oft.r.i Tim. loans, firmer; 60 day. 2 03 Pr ., M ,ia.. lala Pr cent; ix montn. . " " i ..,11. oanar 4f4 per cant. Sterling eaabang. .u. wit h actual bual i- n ... in oanker diiib m biua and at 4.53 for demand. Commercial bill. l-3-Par .liver. 32-c Mexican dollar. 4C Government bonds, steady; aay. railroad bond. v FRANCISCO. Aug. Starling. 10 a.va 14.11: ight. I4.i. Draft. tht. lc; tleraph 1c T.nTDON. Aug. 9. Bar llvr Quiat, 24 l-ed per ouoca . 1 iwr cant. for short bill I SH Pr nt: bill. J21t per cane thre month" CKICAOO. Ang. 0. Exchange on New Tork. par. Condition ef tha Treasury. wiDuivr.-mN. Aua. fi At the begin ning of bu"lnss today th condition of th fnlted State Treasury was: Working balance in Treasury... In bank and Phllippln treasury Total general fund ''"J J Becelnta yeaterday o ?lr3o risburaement rielclt to d.t U2Ii-J? Deficit lasi yew IT -Vh Theae Iiguroa cxciuua r v- . p .j b ! ! c debt transaction. Coffee and Sugar. NEW TORK. Aug. - . Coffee ruture closed t early, net thre potgl lower 10 five point higher. Seles. 93.5O0 baaa Au gust. lLSSo: September, 11.60c; October, on.. K'..mhtr. 1114c: December. 11.06c; January. February, March. April. May. June and July. ILOlc 8pot coffee, firm: Kio wo. i. uoi o- toa No. 4. lltWitc. nominal, ssua coi- fee, quiet: Cordova. 14V1K. nominal , .. j i.. ,n.,i.N are rvDQnra a nave uu.- ehaaod between 60.000 and loo.ooo oag ox pot coffee 1st esteray. &ugr Haw, tirm: muscovooo. .o 4 11c; centHfugal .06 test, t.oic: .moiaase. ugar .19 teat. a.89c; refined, steady. EGG PRICES ARE LIFTED SEATTLE DEALERS XOW QUOTE CP TO 84 CENTS. Butter Jlovina; Well at the. Recent Advance Trade in Grain Is Small. SEATTLE.. Wut, Aug-. I. (Special.) The grain market here Is quiet. Th farm er are busy harvesting their grain and are nnwlllln to make price. Miller are not buying at the preeent quotation. Wheat re ceipt ara light and on grain man paia si eenta for a carload of red Ruaalan on track. Tha o notation on the ' local exchange 1 TE U cant. Har la weak. From present indication when the full crop I shipped here a break Is likely to oocur. Eastern Washington hay I now quoted at 111 fill a ton. Puget Sound la auoted at 118 614. The local market 1 glutted witn water melon cantaloupe and cucumbera Every com m lasi on -house on the street na a nig supply of cntaloupe and they are moving lowly. Tomatoee are alo Inaetlv. There la a small supply of canromia grape nere. Thompson' needles are celling at 1 a box. One commission -house received a consign ment of Rose of Peru grapes thl morning. Th apple market : tui snort, ueaiere cannot cover order and there 1 an Inferior quality on th atreet. Local rancn egg ar quoteu oy some ui- era at HO 14 cent a dozen, a jump over yeaterdav'a quotatlona - 1 nia price ia not universal. Eggs are In good supply but moved fairly well today. Tomorrow and Friday atock ar expected to be ciearca np. Washington creamery, wnicn wa aavaneea Monday. I moving well. PRODUCE AT SAX FRANCISCO. Quotations Current In the Bay City Mar kets. BAN FRANCISCO. Aug. . The following produce price ware current today: egetaoiea ucuiiiuei -'., M. ... . . . . v 4J4e; gren pea. 11.231.75: string ben. lgfSo ;tomstoe. 2080c: eggplant, ootyiac. Butter rancy creamery, .v-iu. Che Young America. 14jl6c. Egg Store, 2Ac; fancy ranch, 34c. Mlllstuff Bran, I2S.60JS 29.60; middlings. I83 6 33c Fruit Apples, choice. 11.75; common, 51.26; bananaa. Il.00tjl.75: Mexican llmea. A.viaTtA: California lemon, choice, 16.00; common. 12:00; pineapples. IS-OOS-OO. Hay wheat. Ill.00al6.00 per ton; wheat and oat a 110.00,14.00; alfalfa. IU.00eU.60. potatoes eweet, eexjo. Onion 86c II. Receipt Flour. 2271 quarter ack; heat. 114 cental: barley. 5400 cental: oata, 69 ocntaia; poiatoa. ssvs aacaa, uay. 111 tona New York Cotton Foture. NEW TORK. Aug. 9. L'otton future closed very stesdy at a net decline ot 4 points on August, but from 22 to 2a point net higher on later month: August, 12.21; Feptember. 11.8; October, 11.81; November, 11 28: December. 11.32; January, 11.27; March, 11.83: May. ai.sb: juiy. ii.aa. Spot closed quiet. 10 polnta higher. Mid dling uplands. 12.40: do, Gulf, 12.88. 61. 300 balea Dried Frnlt at New Tork. NEW TORK. Aug. 9. Evaporated apples. nominal; on th spot, fsncy. quoted at 18 lie: choice. lc and easy, for future hlpmant. at 10814c for prime October hlpment. ,.,, Prune unttia; quotation. xjio- for California up to 80-40 and n u 14o for Oregon from 80-IOa Peache Inactive, steady, choice. 11(9 Uc; extra choice. 12812c; fancy. 12o. Naval fctoree. SAVANNAH. Oa.. Aug. I. Turpentin firm, 4it50c Sale. 148 barrels; receipts, 1000 barrels; nipmni, w oarrei; iuicii, 21.300 barrel. Roam firm. Ealea Il" pounas; receipia. IS 0 pound; (hlpment. 1100 pounds; stocks. loo. so pounds. vuui.: o, f,,B.,,, 15 70; E. 83.10; F. G. H. L K..- 8.35; M .eo; N. 84.10; WO. 87.10; WW, 7.I0. Chicago Prodoca Market. CHICAGO. Aug. . Butter Steady; creameries. 21&26c: dairies. 19&230. Errs Hteady; receipt. vui casea; at mark, caaea Included, 11; nrat. lc, prime 1 1 rata, imu. Duluth Fbut Market, DTJLUTH. Aug. 9. Flax on track, 82.SO; In tore, 12.80; to arrive, 12.09 ; freptcm ber, 12.09; October. I2.0O asked; Novem ber, eX-W asaao.; innamuri, ,.-o ua.u. Hop at New Tork. KIW TORK. Aug. 9. Hops, firm; state. common to choice, 1910, 826 33c; 1909. 24 r Sc: Pacific Coast. 1910, 820 35c; 1909, 24 6 27c. W ood at H- Lania. BT. LOUIS. Aug. 9. Wool Unchangd; territory and Weatern medium. 17 Q loc fine, medluroa 16917o; fine. 1114c CHL-HALIS COUNTY GAINS Assessed Valuations In Aberdeen and Hoqniam Show Big: Rise. HOQLTIAM. Wash.. Aug-. . (Special.) According; to narurea given out by County Assessor Jonea. the assessed valuations of the citlea ox unenaus County are aa follow: Aberdeen. i.- 180.291: Hoquiam. I78S.7K3; (josmopoiia. 1113.696; Montesano, 1164.32S; Elms, 190.116; Oakvllle, 3Z3,83, ana ucoaia, 16650. These figures ahow a gain of more than 200,ooo in Aoeraeen ana about 1260,000 In Hoquiam. The nirures do not Include atreet and eteam railway DroDertv. both personal and real estate. County Assessor Jones naa piacea an assessed valuation on an personal prop erty of tha mill and log-gins; com panlea equipment In the county of $1, 185.211. This valuation la fixed a about 11 1-1 per cent of the appraised valuation. He has placed the total value of the mills" personal property at 1941.147, or a gain of 1231.342 over the last assessment.' Logging com nanles' personal property, covering equipment. Is given a total taxed valua- tlon of 1242. Oea. or a gain oi onir (oi. The total taxable valuation piacea on nermnsJ nrODerty in the county Is 14.117.68S. with exemption of 1812,501, not including the public utility corpora- tlona, which will add aooui isvu.uuu to the grand total. K la-math Councilman Reeigms. KLAMATH FALLS, Or.. Aug. . (Special.) Sllaa Obenchaln. Council man from the Second Ward, has ten- dared hla resignation to tne city ana lt haa been accepted. J. L. Fielder waa annointed his successor, although a petition signed by many residents of the wara waa prm.uii --""'a appointment of O. M. Heoter, a leading WHEAT SALES HEAVY Traders, While Awaiting Crop Report, Take Profit. MARKET CLOSES SLOWER Government Bulletin Is More Favor able to the Balls Than Expected- Spring; Wheat Condi tion Is Serlons. CHICAGO, Aug. 9. While awaiting tba Government crop report wheat owner today took profit and let advanoe In prloea be more than wiped out. The Waahlngton nw turned out to b better for the bull thaa had- been looked for. but cam too late to have any influence here today. Th surprise which th Government report gave the wheat trade wa in tho lowering rxt , . - rinrln, wheat cron condition from 73.8 last month to 59.8 Auguat L uggestlng a los of 35,000,000 Dusnela 10 many u ita ,hnvin, nrovd rather startling, al though a leading private authority thi morning had predicted a condition percent- iAn at a aource of additional dismay, however, wa the knowledge that Spring wheat had been damaged further (tnoe August 1, when the ' official report waa compiled. Unloading on tha part of . h.inM reached nrooortlona too great for tha market to sustain. As a reault. th eloelng tone wa weak. Btwen the open- t u. ,lu Remember fluctuated from 81r92c to 830, flnltolng o nt lower (-nrn receiver! aunnort becau Of tn tight .... M..im, The Government report. Implying a cut of 850.000.000 bushel In the ,nmn.rarl with the OUtlOOk July 1. did not arrive in time to offset the price changes of the day. September ranged from S5So to 65c, with the close a had up at 63c. Cash grade war firm. No. a yellow wa quoted at 60 3 65 c , o... u-a - inrf.ii.nri.Al action. ill It n and low point touched by the September option were 42C42c and aic. cloae wa 41 42c, a gain of I-I60 I-.. Hl.hl The over A let-up In demand by Investor brought about a break in hog product. At the ena w.iin- in Kc advance, with lard and rib dropptng, but not to exceed a nlckeL The leading- future ranga as loiiow. WHEAT. - Open. High. Low. .13 .16 1.01 Close. (5ept S . 1 . , .17 .17 1.01 1.01 t .2 . IlftC May Sept. 1.02 ' CORN. .15 .63 .62 -63 ,a .65 CORN. .42 .42 .44 .44 .47 .47 MESS PORK. .66 .62 .64 .15 Dec .61 .64 May Sept Dec...... .41 .44 .46 .43 .44 .47 May Fept 11.00 18.00 17.55 .17.75 14.65 Jan.... 16.75 16.75 16.52 LARD. .. 1.12 1.12 S.95 .. 9.17 9.17 9.03 .. l.z . 7 SHORT RIBS. .. 9.52 9.52 9.10 .. 9.35 9.15 9.20 . .. 8.47 8.47 l.t quotation wcr as follow: 02 Sept. .. Oct Jan.... Sept. .. Oct.. .. Jan.. . . 8.75 1.17V. I 1.411 Cash Flow Firm. u ... Vn 1. 7a. Barley Feed or mixing, I00o;'alr to choice malting. II V 1 11- Timothy eed ll(ffl.u. -Clovar 112 18. pork Me, per barrel, 117.T6 17.T.. Lard Per 100 pound. 18.92. Bhort rib Bide (loose). 1S.764J9.35. Sides Short, clear (boxed), 6 .25. Oraln statistics: , Total clearance of what and flour were equal to 412,000 bushela Primary receipts were 1.058,000 bushela compared with 1.8S1, 100 bushels the corresponding day a year ago. Estimated receipts for tomorrow: Wheat. 193 cars: com, 85 cars; oata, 276 ears; bogs. 20,000 neao. neoeipta cuiinnviiia. Flour, barrel . . 27.400 11.100 Wheat, bushels .. ..460,800 .. 91,200 ..133.20 0 .. 9.50O .. 10.600 301,500 Corn,, bushels ... 161.200 Oate, busnaia . . . Rve. bushels ... 187,100 1L400 Barley, bushels . Grain Markets af tha Northwest. eirnui ana 8. Wneat. export, blue- item, 83c; ClUO, azc: milllH. uiueaieui. club. 76c. 10 cars; corn, 1 car; Receipt wneat, hay. 8 cara heitti.E. Aua. 9. Wheat, bluestem, 82c: fortyfold. 79c; dub. 77 c; fife, 77 c; red Rusxlau, 76 c. Oats 2o per ton. Barley 125.60 per ton. Bags 18.20. Grain at San Francisco. SAN FRANCISCO. Aug. 9. Wheat Firm- Spot quotation, snipping, tji-ai n i -.nil.. nnmlniL Barley Firm r eea, ti.emvj.au. mak ing, nominal. - Call Board aale Wheat, no trading; Barley. December, 11.61: May. 11.68 1.67. European Grain Market a. LONDON. Aug. 9. Cargoes firmer. Walla Walla for shipment at Ml Sd to 15 6d. Vnciiih country market quiet; French country market, firm. LIVERPOOL, Ang. 9. Wheat. October. 7a ld;, Deeember, s 2d. Weataer clear. Minneapolis Wheat Market. itvwripfir.Ta. Aur. 9. Close: 'Wheat. E.nr.mhT 21.04 '. . . . . V. .4 Ml, iOi treceuiuvii ai.wx w No. 1 hard. li.OS; No. . v-.a. . 11 mi u - vn r vJ.lh... ti inal.unn to arrive. 8L05 &i.o7: No." -1 Northern.-!1.011.0o; We. 8 wheat, 11.01 1.0. RED TAPE HOLDS UP WORKS Settlers' Tire) of Waiting for Govern ment to Reclaim Lands. KLAMATH FALLS. Or., Aug. i. (Knecial l While it haa been repeated ly said that work will be started on the extension of the north lateral of the main Government canal to Irrigate the Poo Valley part of the Klamath project. a oon as enough red tape can db un wound bv rjnele Sam's employes, it la hardly nrobable that much real dirt will fly before another year. S. P. Davis, chief engineer, of Wash ington, and E. Q- Hopson. supervising engineer, of Portland, are here now Insnectinar this part of the project and nreparlng a report to the Secretary of the Interior. The work has been ap proved once, but has been held up ever since by red tape. If the officials here now do not make a reverse report lt will -take 60 days to advertise for hid. The first lot may be rejected and second bids have to be called for, or the Government may decide that the bids are all too high. At any rate it will hardly be possible to get started nr, the work before next epnng, ai- tvinusrh the local reclamation office an nounced nearly a year ago that this part of the project would very probably be constructea im vfanv land owners have Joined to gether in varioua parts of the country and demanded to be released from all Government obligations, that they may secure private capital to develop their own lands, as at the snail's pace with which Government work of reclaiming the lands of Klamath is progressing, they see no chance of ever enjoying benefits from tne project, t i Hill Surveyors Xear Gales City. tr-nTjT-.ST fiiT.O"VQ Or.. Aug. 9. (Spe cial.) Surveying parties of the United Railways are at work north of Gales r-trv and hv the first' of next week will enter the Wilson River district, which practically assures an electric Hill line to the Coast. Although all construction work has been suspended weat of tha LUMBERMENS Nationu- Bank Capital $1,000,000 A Progressive Commercial Bank with Saving-s Depart ment Under Government Control 4 Per Cent Interest on Savings LADD & TILTON BANK Established 1859. Capital Surplus and Undivided Profits ........ Letters of credit, drafts and able on all parts of the world. Corner Washingtoa Established 1S86 Merchants National Bank Portland, Oregon United States Depository The banking service which a business man receives is an important matter to him, as it contributes largely to his success. It saves his time and energies, prevents embarrassment and disappointment. This bank was established in the year 1886 and has con stantly given faithful, efficient service, extending every courtesy and attention to its depositors. First National Bant Capital $1,500,000 Surplus 750,000 Oldest National Bank West of the Rocky Mountains town of North Plains! it is reported that the H1U interests are delaying until a ,i v.. kv efia aiirvevora which lino may w m " j - will give the lowest possible grade over the Coast Range, une nnai iui.; be completed this Summer. The quicker Portland gets e.n Tiov ofrpAt.s naved with bitulithic, the quicker . she a. J J A eaea aaay ayaaw W wil eiiruinaie iae uaaigciuuis . . . . 1 1. T.l and aestrucxive cnucii-iAwica. THE BARBER ASPHALT PAVING COMPANY Constructs Aaphalt and othor Blrt- CdBoua Pavement. - lf, Portland. Or. Oskar aiubaA ' Manager. OPEN BITXB TRANSPORTATION CO a? 1 XVI.i. a win Freight received dally at Oak-t- dock for The Dalles. Hood River. White Salmon. Umatilla. Kennewlck. P" Richland Snf.rdi Whit Bluff, and . .. .ellnta nOlniss IV Vv mien"""'"" V FTBST-CLASS PAS8BNGE btBIC- PARK 50 lJLU TO HOOD RIVER. WHITE SALMON. THB land about B P. M- ood. Gen't Buchanan. Supt.: W. 8. S"ooa- Mgr. rnonp' jm. Steamer Anvil iarcity'ewport, Florence Bandon and uoquuie ni iluv.'',, flee 118 Third st. Phone Main 628. A 45. Dock pnono i" " Freight and passengers. Waiamette River Route 6teamer Oregona ior ou --- :i V daiw: 8 r.ear irStli Sunday's A. M, 11 and 8 A? Vf- ORECrON CITT TRANSPORTATION XJ laylor-Street Dock. Phoma Mala 40. WW Corner Fifth auid Stark ..$1,000,000.00 800,000.00 travelers' checks issued, avail, and Third Streets. TKAVELER.S' GTTIPE. Ask about "Olympic" Largest Finest Steamer in the World. American Atlantic Transport Red Star White Star White Star-Dominion T. H. LARKE M9 Second Ave-, Seattle, Wsah. Astoria Centennial Str. "Monarch" Daily AT 7 A. M. FARE $1.00 Music, Dancing; Cafeteria. No Liquors. DOCK FOOT WASHINGTON' ST. San Francisco, Los Angeles and San Pedro Direct. 2F?0r .til ver?'we8dn.S.d.Ry0lu,,r! a?..y ft 6 i. M? "Titcket offlo. 183 Third " jVhonea M. 1814. A 1S1. SAN FRANCISCO PORTLAND STEAM- From Ain.wortn Dock PorUand A. M. S.S. Beaver, Aug. 11, Bear 18 Re ty " From San Francisco. No"hbouncW2 M. 8.8 Bear Aug. 8. Rose City 1, Beaver 1. From San Pedro. Northbound 12 M. 6 8 Rose City Aug. 12 Beaver 17. Bear 18 H. ATllcher, C. T. A.. 142 Third St. j w Ransom, agent. Alnsworth Dock. J- Phone. Main 40. Main 268, A 1402. COOS BAY LINE STEAMER BREAKWATER, flaila from Alnsworth Dock. Portland, s A M Aug?. 8, 14. 19. 2. 29. Sept. 8. 8. 13. 18. 23. 38 and .very B daya Fr.lght re ceived at Aln.worth Dock dally up to 5 P. M Passenger fare, first-class, 110; econd c1a..PaiT "including meal, and b.rth. Ticket office Alnworth Dock. Phone Main 283. Main 170. A 123. NEW YORK-PORTLAND REGULAR FREIGHT SERVICE. Low Rates. Schedule Time. AMERICAN - HAWAIIAN S. S. CO. 215 Railway Exchange Bid-., . Portland. Or. Main 83T8. A 8083. NEW ZEALAND AND AUSTRALIA (Union Line of N. Z.) VIA TAHITI AND WELLINGTON. Direct through ateamer. tailing from San Francisco Aug. 28 and every 28 days. Well ington and back. 1st claas, 8264. Othr rate also low. The line to Isles of the South Sea. For reeervation see Coupon Railroad Agents, or address Oceania 8. 8. C-. elan Francis oo. 13: No. 1 Pouthcrn and No. 1 Southvrn The rat of discount la Ui open market business man. jrTJT Walaata. 1TIe per pee a A; oft. llt.TSSlo.23.