THE 3IORNIXG OREGOXIAX,' WEDNESDAY, JUNE 26, 1912.
xv
RECORD CORN DEAL
Sale Involving 351,000 Cases
of Spot Iowa Corn Closed.
GROCERS ARE INTERESTED
largest Transaction in the History
of the Business Shows What the
Bayers Think of the Outlook
for This Year's Pack.
The grocery trade of the entire country
Is Interested In a canned rooas sale mut
recently, which beats all records lor sise.
The deal was closed In Iowa. Three hun
dred and fifty thousand cases total what
Is the largest single transaction In spot
corn known to have been made. It re-
ganvmm frnm flrat hands all but an unim
portanj quantity of spot goods and la taken
by men In the canned goods iraae u mig
rate an unsatisfactory outlook for the new
. nrn .i-nn . it is n lain It Intimated
that this Immense quantity of corn was
purchased to cover Heavy sales 01 luiures.
which, it appears, some people are be
ginning to doubt the packers" ability to
pack.
Mall advices from Waterloo. Iowa, say of
the deal-
Large Eastern Interests, with the great
est distributing facilities of any concern in
the United States, believed there was less
spot canned com than many people thought
and. on looking over the situation very
thoroughly, confirmed this opinion and have
closed contracts and disposed of 351.00"
cases of spot corn In the past 30 days,
which reduces the holding In Iowa to pos
llbly 50.000 to 60.000 cases.
'Practically all of the unsold corn is
held oy very strong packers, who usually
carry some stock to take care of an early
Fall demand, but In this case the packers
referred to are more Interested in hold
ing some corn to protect their future sales,
ss thJ weather Is still entirely too cool for
corn, and the late Spring and abundance
of subsequent rains are affecting the grow
ing cjnditlons much more seriously than Is
generally understood.
Parties who know the situation thor
oughly advise that Minnesota, Wisconsin.
Illinois, Indiana, Ohio and Nebraska the
states (Including Iowa) that furnish three
fourths or more of all the standard and
extra standard quality of corn packed in
:he United States are practically bare of
spot stock, and It must be remembered
that the unfavorable growing conditions
rule In most of the other corn-packing
States as well as Iowa.
"It might be well to add that all of the
corn has been cleaned up. as stated, at
prices that will enable this staple food
to go to the consumer at the price that
has been ruling and leave a nice margin
for the distributers, so there Is no occa
on to ery 'high cost of living- when re
ferring to the excellent food product of
oannel corn.'v
INQUIRY BY CALIFORNIA FOR WHEAT
So Further New Crop Contracting in the
Country.
A little better inquiry for wheat from
;lif3rnla was reported yesterday, but the
market was very quiet aU around and
prices were quoted unchanged. No fur
ther new crop contracting was reporteu
'rom the country.
Local receipts. In cars, were reported by
:he Merchants Exchange as follows:
Wheat. Barley-.Flour. Oats. Hay.
Monday ....... r j
luesday " ! S o
Seis'o" "V."te.M4 30 2534 1BU 2514
Year ago ...11SSS 711 ! iOW
Foreign crop conditions are summarlr.eu
by the Liverpool Corn Trade News as fol
lows: United Kingdom There are some com
nlaints regarding the wheat and oats crops
as a re sul? of wet, cold weather, as warmer
temperatures are desired.
France The crop outlook Is generally fa
vorable, although there are some com
print, regarding dry weather Supplies of
native wheat are nearly exhausted and for
eign wheat Is being bought in all directions.
oermany The crop outlook is favorable
with the weather seasonable. Supples of
native wheat are light and the foreign de-
U',Hnugr-TKPpt3touX.ook 1. for a
RXuSan?aToPm. authorities say that the
wheat crop will be smaller tha- ht
list year. Our correspondent says that the
crop will be a good average one. The
rorn crop Is backward, but la expected to
liipMve. The cutting of Winter harlev has
commenced. The weather has been not.
Russia There are some reports of damage
to the crops in the southeast owing to
sreat heat and dry weather, but rain fell
last night. in the East the crop outlook
r generally favorable, although backward.
India The monsoon has started at Bora-
ba'ustralla General beneficial rains for
the seedlnrs are confirmed. hlrB
Italy The weather has been wet l-n
is unfavorable for the growing wheat crop
Spain Some Improvement as a result ot
ralne Is confirmed. ,..
North Africa A moderate crop of whMt
is indicated, drouth having caused -ome
damage. "
ANOTHF.R .20-CENT HOP CONTRACT
N Demand for 1911 Crop M. J. Netter in
the City.
Another hop contract at 10 cents was re
ported yesterday, but the demand at this
prlos waa light. The market for nils was
dull. Dealers find it difficult to interest
the Eastern trade in spot hops.
M. J- Natter, who has been In Tacoma
for several days, arrived in Portland yes
terdsy on business connected with the
Herman Klaber estate. The business of
the firms will be continued by Mr. Netter
and by Max Wolf as heretofore under the
old names on this Coast and abroad.
Berries la liberal Supply.
There waa a liberal supply of raspberries
and loganberries on the street yeeterday.
and the market was weak for both kinds.
Strawberries were also too plentiful for the
poor demand.
Cantaloupes sold well at 2.255.75 a
crate. Aprtcota and other orchard fruits
were In fair demand.
A car of Mississippi tomatoes was re
ceived and put on sale at 11.75 a crate.
Supply of Cheese Is Inadequate.
Cheese was the strong feature of the
dairy produce market. The local and ship
ping demand exceeds the supply and an
early advance In prices is expected. But
ter cleans up well and is steady.
Egg receipts were small and the market
waa firm. Poultry and dressed meats were
steady.
Sugar Tea Cents Lower.
A 10-cent decline In sugar waa announced
by tha Jobbers yesterday. This resulted
from the weak market and lower prices
East.
dozen: asparagus. 1 per box; beans, 86
9c; cabbage, 2!e per pound; cauli
flower. $2.75 per crate; celery, 58 per
crate: corn. 3c per dosen; cucumbers.
$1.1031.50 dozen; eggplant, 25c per pouno.
head lettuce. 12Hc per dozen; hothouse
lettuce. 75c 61 per box; peas. Ivit P"
pound: peppers. 22e per pound: radlahes.
15ft 20c per dozen; rhubarb. 2(4e per pound:
spinach. 4Sc per pound; tomatoes. L7al
per box; garlic, S10c per pound.
POTATOES Jobbing prices: BttrbanM
old.. 11.25 per hundred; new. per pound. 26
2 'ONIONS California red, 11.25 per sack.
Grain. Floor. Feed. Ete.
WHEAT Track prices: Bluestem 93c:
club. 8c; red Russian. 89c; Valley. S8c; 40
fold. Sac ,
FLOUR Patenta $5.10 per barrel;
straights. $4.70; exports. $4.20: Valley. $5.10:
HAT Timothy. $14017: alfalfa. $11; clo
ver. I8&8: oats and vetch, $10011; grain
hay. $9.
MILLSTTJFF8 Bran. JS.St per ton:
shorts. $2$: middlings. $1S-
CORN Whole. S: cracked. 40 pet ton.
OATS No. 1 white, IJf38 per ton.
Dairy and Country Prod nee,
BUTTER Oregon cieamery butter, cubes
or solid pack, 27c per pound; prints, ISc P-
pound.
EGGS Fresh Oregon ranch, candled, 22c
per dozsn, case count, 21c
CHEESE Triplets and daisies, loo per
pound; Young America, 17c
I'OKK Fancy. l'lt c per pound.
VEAL Fancy. 12S12MC per pound.
POULTRY Hens. l'Jitc; broilers. l!c:
ducks. young. 12tjlHc: geese. 10
lie; turkeys, live. 17lsc; dressea, 24 & i.e.
Staple Groceries.
SALMON Columbia River, one-pounl
tails, $2.25 per dozen; eight-pound tails.
$2.85: one-pound flats. $2.40; Alaska pink,
one-pound tails. S1.&5.
COFFEE Roasted, in drums. 26 tt 9 404
per" pound.
NUTS Walnuts. 16fl6Vic per pound;
Brazil nuts. 12Vc; filberts, 1415c; al
monds. 17tp21c; peanuts, ISc; cocoanuta. 00e
U$l per dosen; chestnuts, 12Vic per pound,
hickory nuts. 6510c per pound.
HONEY Choice, $3.75 per case; strained
honey. 10c per pound.
SALT Granulated. $15 per ton: half
ground, loos. $6.50 per ton; 50s. $0 per ton-
BEANS Small white, 5.40c; large white.
5.20c; Lima. i.0c; pink. u,c; Mexicans.
c; bayou. 414c.
KILE No. 1 Japan. 6c; cheaper gradez
5&5c; Southern head. 6tr7Hr.
SUGAR Dry granulated. $5.i: fruit and
berry, $5.95; Honolulu plantation, $5.0; best,
$.7o; extra C, $o.4o; powdered, barrels,
$;i.2j; cubes, barrels, $6.35.
LitlED FRUITS Apiea. 14o per pound,
apricots, 1618ic; peaches. 121714c:
prunes, Italians. lott01u4c; silver, lac:
figs, white and blacu 01s7c; currants.
7fec; raisins, loose. Muscatel, Ciatjliic;
bleached Thompson, lltao; unbleached Sul
tanas. 8fec; seeded. 7&SVc; dates, Per
sian, iijo per pound: Fard, $L60 per box.
Provision.
HAMS All sues, liiflec: skinned. 119
ISc; picnics, 12c; boiled. 2oftc
BACON Fancy. UawiUac; choice, 20 irk
(F21c
DRY SALT MEATS Backs, dry salt. 11
12fec; backs, smoked, la14o; bellies, dry
salt. 14fec; bellies, smoked, lie
LARD Tierce basis, choice, 13 ie; com
pound, 9 fee; leaf, tnree-pound polla $S.5f
per case.
MISCELLANEOUS Pigs' feet, kite. $l.Sa;
sliced beef, insides. $23 per case; dried beet
Insides. 25c per pcund; bologna, cauva.
back. 10c; minced ham. 12a.
Hops, Wool and Hides.
HOPS 1912 contracts. 20c; 1911 crop,
$012fea
MOHAIR Choice. 32c per pound.
WOOL Eastern Oregon. 14 SJ 1944c pe.
pound, according to soriukage; Valley, 2ut0
pel pound.
PELTS Dry, 12 13c; full wool butcae:
pelts, $1.25 1.75; shearings. 10030c
HIDS Salted hides, 12c per pound;
salted calf, 204 21c: salted kip, life 12c;
green hides, 10c; dry calf. No. L 25c; No. ,
20c; dry hides, 1840 20c; salted stags,
7 ft 8 :; green stags. oVsfeTc.
CaSCARA per pound. 5 4sOc
GRAIN BAGS In car lots, 1010Vc
Unseed Oil and Turpentine.
LINSEED OIL Raw, barrels, 63c; boiled,
barrels. Wo; raw, cases, 3c; boiled, caries,
TURPENTINE Cases. 9c; barrels, toftc
BIDDING FOR NEW WOOL ACTIVE
Prices on All Grades Are' Advancing
Rapidly.
BOSTON. June 23. Bidding for the new
domestic wool .clip continues active in nearly
ail grades and prices are advancing rapidly.
Missouri three-eighths blood 27 28c ;
quarter-blood, 27 ft (a 2Sc.
Kentucky and similar half-blood un
washed, 272sc; three-eighths-blood un
washed. 28c
Texas fine a to 8 months, 4$350c; fine 12
months. 63 55c; fine Fall. 434oc
California, Northern, 51tfo2c; mld-Jle
countv, 60c; Southern. 474bc; Fall free.
43fc45c
Oregon, Eastern, No. 1 staple. 5Sc; East
ern clothing, 50c; Valey, No. 1. 47 648c.
Territory fine staple. o3c; fine medium
staple. 5980c; fine clothing. 5557c; fine
medium clothing, 53i?55c; half-blood comb
ing. 6Sj!A0o; three -elhths-blood combing,
52653c; quarter-blood combing, 89&51c
Pulled fiue A, 45&5oc; A supers, 5253c
BAN FRANC taCO PRODUCE MARKET
Price Quoted at the Bay City for Vegr
tables. Fruits. Etc
SAN FRANCISCO, June 25. The follow
ing produce puces were current here to-lay '
Fruit Apples, choice, $1.25; common, 5io;
Mexican limes. $e.50vl; California 'lemons,
choice. $5; common. $1.50; navel oranges,
$1.02.75; pine apples. $4.50 tt 4.50.
Cheese ISO 1H.
Butter Fancy creamery, 29c.
Eggs Store. 20c: fancy ranch. 22c
Vegetables Cucumbers. 7oc&$l; garlic,
2sn.3c: creep ncas. $l.roai2.2.': string beans.
3si5c: asparagus, eoc&llO; tomatoes, 75c
(ail: eggplant, t2irc.
Potatoes River Burbanks, $16'l-50; Ore
gon Hurbanks. $141.25; Early Hose, 90c 0
$1.23.
Hay Wheat. $15-30021; wheat and oats.
iloOolrll": alfa'.la, fllKi.
Receipts Flour, 122o qr. sks.; wheat,' 420
ctls. ; barley. 21.02O rtls.; oats, 47v ctla ;
potatoes, 12AO sks.; bran, 00 sks.; mid
dlings. 500 sks.; hay, 2U7 tons; wool, bio
bales. '
Coffee and Sugar.
NEW YORK, June 25. Coffee futures
closed steady 2 to 6 points net higher.
Sales, 51.50O. June. 13.70c; July, 13.74c;
August, 13.IS4C; toeptemDcr, 13.84c; (jctober,
13.9".'c;. November, 14-Hiie; DeceniDer, 14.09c;
January. 14.1oc; February, 14.05c; March,
14.1c: April. 14.17c; May. 14.1c
Snot coffee steady. Rio, No. 7. 14c:
Santos. No. 4. ltifec Mild coffee quiet.
Cordova, 16(tl8Vc nominal.
Raw sum steady. Muscovado. .80 test,
3.3c: centrifugal. .96 test. a.tttSo: molasses
sugar, .89 test. 3.11c itetrnea, easy.
Dried Fruit at New York.
NEW ' YORK. June 2S. Evaporated ap
ple inactive, wnn prices nominally un
changed. On the spot fancy are quoted at
UVAM014c: choice. S(r9c; prime, "i W ti 7 c
Vrunes quiet and only about steady, ow
ing to ravoraDie repurra 011 me crop out
look. Quotations range from 3i9fte for
r oli ioa .in tit 3H-4I1K it mi ftl., .f.ir
Orgons.
l.-anos auret ana leaiureiess. i.noice,
7rSic: extra choice, S'rrbftc; fancy.
e a iuc.
Naval Stores.
SAVANNAH, June 25. Turpentine Brm
at 44W4r43c. sales, oarreis; recetpta
t03 barrels: shipments, 199 barrels; stocks,
34.::43 barrels.
Rosin rtrm. Sales, 2737 lbs.: receipts. 3.V0
lbs.: shipments, 522 ths.: stocks. H0.K02 Iba
Ouote: B, $.15i 8.20: D. $R.35 ti.4; E.
fti.754i8.8-): F. U. H and I. $7.1U0 7.2O; K.
$7.20t7.2. M. $7.35f 7.45; N, $7.8714 6
7.4; WG, $7.45; WW, $7.55.
COPPERS ARE WEAK
Stocks Affected by Specula
N five Nature of Metal Trade.
GENERAL MARKET IS DULL
Wall Street Pays Iess Attention to
Politics and .More to Crops and
Trade and Industrial Condl
' tions Bonds Are Irregular.
Bank Clear-lnr.
Bank clrinci of th North vutern cities
vesta rday wtr as follows:
CleariDK- Balances.
Portland 91.S3b.1-S uss.i'.t.
tM.tl. 1.907.7TT 342.C25
Tacoma Ttig.SM
fipokan 6ll.i7 37,338
POKTlaAN'D MaB&ETI.
Tesetatxe mad Frolt.
BEBRIKS 3trawbrrlaa, 50c ffH pr
rrata; irooaeberiiea, lSHc pr pound: rasp-,
brrla. 1.2 pr crate; loxac berries. $10
1.25 per crate.
TROPICAL FRUITS OratiKa, oavals.
$2. 50 a. 13: Calirurcia crapefrult. SS.A0O4.
lmoni $3.50 C Pr box; pineapples. c par
pound.
FRESH FRVIT Cherries, 3$ 7c per
pound: apples, old. ci-SOfe jxt box: apri
cots, 11.261.50 per box; cantaloupes, $?.;..
62.76 per crate; peaches. $1.35 per box;
currants. l.0J1.75 per box.
YtGaCTABi-Ea Artie no kvca. e5T3c par j
New York Cotton Market.
NEW YORK. Jtme 23. Cotton futures
closed steady. Closins: June, 11.14c; July,
ll.l"c: Auguft. 11.27c: .Septemher. 11.35c;
October. T1.4o; November, 1 1.53c; Decem
ber. 11.5fc; January. ll.Mc; February,
ll.-VSc: March, 11. .Vic; May. 11.73c spot
closed quiet, 5 points higher. Mid-uplands,
Il.tAtc; mid-erulf, 11.85c. Sales, none,
Chlcaco Produce Market. '
CHICAGO. June 35. 'Butter Steady;
cres me rieJ. 23 Q 2.c ; dairies, 1 2 4c.
Egjra Firm; receipts, 23.419 case; at
mark, cases Included. 16u 17c; ordinary
tlTfts. 17c; firsts, IS Sc.
Cheese Steady. Daisies, i!lM3Hc: nv
14Hil4ic; Touna- Americas, lol!rrAW,
long horns, 15 15 c
Wool at St. Loula.
ST. LOITI5. Juna 15, Wool Steady. Ter
ritorv and Western mediums, 16$ ISc; tint
mediums, lS17c: fine, lOfilSc.
Duiuth Flax Market.
Dt'LUTH, June 25. Closlnr: Linseed, on
track, to arrive, S2.23; June, f?.2-, nominal;
Julv. $2.23; September,. $-.05; October, $1.95
askd, !
Stucar Lower to East. j
1 t W T UB rv. June -.'- f.i kov tf ;
rtnvl snaar were reduced 10 cenU a hun-
area puuuua - j - i
NEW YORK, ' June 25. In practically
everr essential feature today's stock mar
trt rnatMl vesterdav's oerformance, with
the exception that the movement was duller
and the undertone more neavy.
Less attention was devoted to politics and
more to crops and general trade condi
tions. Continued sunny weather in the
Northwest is benefiting all cereal growths
in that section, and the railroads are mak
ing ready to move the expected heavy ton
nage. Copper shares were once more under pres
sure, b reason of the highly speculative
conditions now prevailing in the metal trade
here and abroad.
itohimn sii.hm.i-feti a verv favorable re-
nort of earnings for May. the net increasing
by $661,000, which was made possible to a
great extent by a saving oi saou.uw m oper
ating expenses. The Southern Railway made
nmt srnln frr ttiA aame month Of $53.0 00.
Announcement was made after the close of
the market of the declaration of the reg
ular quarterly dividend on Anaconaa
oer.
Bonds were irregular. -Total sales, par
value, $2,074,000. umtea states ugv-ra-ment
bonds were unchanged on calL
r-T nsivr. s-rrvrrc OIIOTATIONS-
i Closing
R.Im Hitrh. Low' Bid
AI!1 Chal tif
Am Beet Sugar. 1.500 73 v 72 73
AmAriran Can.. S.1W 3 37A
Am Car & Ftiy. 700 6i Jf
Am Cotton OH
Am Hd & Lt pf - 24V
A n Ta O Si
Am Linseed 34?
Am Smel & Ref 22.000 ' .J MJfc
do preferred.. 100 107 70. IV fc
Am Steel Fdy.. 100. :itt A a
a f o 1 M.T 1"UU 129
Am Tei&Tel..' 500 14 14554 145
Am Tobacco pf. 2
Anaconda M,Co. 4.900 44 43H
Atchison 1.700 106 10Vi
do preferred. 303 ,
Ati Coast Line- i??
Bait & Ohio 000 10SH 108 ll
Bethlehem Steel 30- at so o?
Brook B Tran.. l.ooO SS & i ht
Canadian Pac. 2.0U0 044 2t3 2H
T Ao t IS sat ZiUt .'tU 24. 24
do preferred
Central of N J a,
Chen & Ohio ... 800 78 7T 7
Chicago & Alton f
ri. wt JWM. 17 17 17
do Dref erred..
Chicaso & NW 1
c! C. C & St L.
Col Fuel & Iron 500 31 31 i
B. &n.,tharT1 . ..... .41
Consol Gas .... 300 140 14?Vi 1
Corn Products .. TOO 15V- 1j J
Dl A Hudson.. 100 108 108 167
D 4 R Grande.. T.OOO 19 18 1
niatlMora' Secur 3l Si 32 32ik
Erie 3.W0 34 ' 33 Is 34
i.. n 9ui Tt'l fi2 a'2
do 2d -Df 1
Tr-if. inn 17114 171 liff
Gt Norm pi ... 2,000 133 V, 133 183
Gt North Ore.. MO 41!, 41i4 41
Illinois Central. -- 1???
t.k. vi. 1 inn 20 1074 -'!
do preferred.. 400 ' i8'4 uTT. 5J4
Inter Harvester. 200 117 117i 117W
Inter Marine pi
Int Paper If 5?
Int lumn ........... ...... ..... -
K C Southern.. ...... ..... .... 24
4o prefelred ..TV
Laclede Gas - 1J
Louis Nash..-.' 600 . 15 lo.7 17
Kpi's Sm'"2W) 144 i 144
Mo. Kan & .Tex HOD 27 z. 2
.1. . 04
-u. c ...., 1 WU RAV
Nat Biscuit
National Lead .. 800 57 57 oi
1 R Via -J, Tf 30!4
N Y Central ... 1.00O 117 11 in W
N T. Ont & Wea 10l 34 34 34
Norfolk & West 1.10O 1131, 113 113
Knnh ImorlrU nt0 W 82?. ft- 7
Northern Pac .. 1,0X 120 119 11
Pacific Mall .... 200 32 :'-2 32
Pennsylvania ... 1.700 123 .123 123
People's Gas ... 200 113 113 118
t , - a. S. I... BOO 10S'. 10S 107
Pittsburg Coal.. 800 22 21 21
Pressed S Car 3'
O..II p.i r'ar 410 1K1 161 loO
Ry Steel Spring- 10O 88 35 J.
Reading 43.3O0 l(lo 1B4 165
Republic Steel 200 24 24 24
rin nreferred.. 300 79 79 79
Rock Island Co 500 24 24 24
do preferred..'. 5u
c. i. a. w . nf SAU 3S do
St L Southwest. 3-
rt nmfpri.(i.. 70
Sloss Sheffield 40" 54 54 54
Southern Pac .. 200 lnt 100 liH
Southern Ry . . 700 27 27 27
do preferred. "?
Tenn Copper ... 1.600 43 42 43
Texas & Pacific -6
Tol. St L t Wei 14
. nrotTTA . 28
Union Pacific .. 12.S0O- 10 17 19S
An n-ft-r1 - 90
U S Realty 75
rj s Rubber ... 0O 6 6. 65-
U S Steel 2S.5O0 '6() S 69
.In nreferred.. 700 110 110 J10
Utah Copper ... 200 B3Vi 63 63
Va-Caro Chem .. 2O0 4S 48 4S
wh.h 2:700 4 4 4
do preferred.. 3.300. 14 14 13T4
Western Md ". 67
WMtln. Flee BOO 72 72 I
Western Union 1
Whel Jt 1. R 7
Lehigh Vslley .. 10.400 174 173 174
Chlno Copper ... 1.700 83 33 S3
Ray Consols . K.5O0 21 21 21
Am Tobacco .T. 1.40O 29S 295 2fl8
Seaboard Airline loo 25 25 25
do preferred.. 300 54 54 C4
Total sales for the day. 221,600 shares.
BONDS.
Furnished by Overbeca & Cooke .Co., of
Bid. Asked.
Amer Tel ft Tel com 4 113 114
American Tobacco 4s 85
American Tobacco 6s 120
lt..ht,nn eeneral 4. . . . . 97 98
Atchison eonv 4S 106 100
Atchison adj 4s stamped 90 :1
Atchison con 5s 102 102
Atlantic Coast Line cons 4s.... 94 wa
At Coast Line "L & N coll" 4s. 83 84
Baltimore & Ohio 3s 1 82
Rulilmnn, A Ohio 4S 97 98
Brooklvn Rapid Transit 4S S9 89
Can southern first os 101 101
Chesapeake & Ohio 4s 100 100
r u jt 1 1 n mtt 4a ...... 95 96
C B & (J joint 4 9 86
C B & Q Ills 4s 99 99
CB4Q Denver 4s J 1 90
Central Pacific first 4s 85 90
fhiene-n A Vh .f Til. 4.1 SO SI
Chicago R I & P ref 4s S S9
Chicago R I & Col trust 4s 69
Colorado & Southern first 4s... 84 o
r,.u.e 4. RIa r.nnii 4s 84 87
Del & Hudson conv 4s 98 98
Brie first cons P L 4a 89 90
Int Met 4s C 82 S2
Japanese 4s eo Ss
Japanese first 4s 92
Japanese second 4s 91 ..
Tniavill A Ka.hvllle uni 4S... 9S 99
Mo Kan ft Tex 4a , 87 87
Missouri Pacific 4tj '1 7.1
New York Central 3s 87 8i
New York Central L S 8s 81 81
New York City 4s 92 93
New York City 4s of 1957 106 107
Norfolk & Western 4s 98 99
Norfolk & Western cons- 4s 111 112
N Y Ont A W 4S 92 . 93
VMWn Parifin P t. 4s 89 99
Northern Pacific 3s 9 B9
Oreaon Short Line 4s..... 93 94
Oregon Ry ft Nav 4s ... 94
penna Ky 4 or iM...' iuo 7, av-.t,
Philippine Railway 4s : .... 88
Reading general 4S. ......... .. 97 98
RemiHll. flf full. &S 103
Southern Pacific first ret 4s.... 84 93
Southern Pacific col 4s......... 78 78
t I. ft S P ref 4s i ,
Usion Pacifio first 4s 100 100
tnlon Pacific conr 4s ...101 101
t nlcn Faciric rer es -x i
I-nlteri S:.tes Steel S 7 3S 102 102
Cnlted States 2s registered. .:. .100 101
I'nited States 2s coupon 100 101
L'nlted States 3s registered 102 102
I nlted Stat-is 3s coupon 102 J02
fnlted States 4s registered 114 114
United states 4s coupon 114 114
I'nited Railway 8 F 4s 66
United Railway St L 4s .... 78
Wabash first 4s 70 i0
Wettern Union 4s 97 9S
WesUnghouse conv 5s. ......... 94 94
Western Pacific 5s 84 S
Wisconsin Central 4a.. .......... 91 92
West Shore 4S 89 100
Muler KxHkmBSW. KtC
NEW YORK. June 25. Money on calL
steadv. 2 S3 per cent: ruling rate. 2;
offered. 2 per cent. Time iwuu, firmer;
SO days. 8 per oent: 90 days. 898 Pr
cent; six months, 3 per cent.
Prime mercantile paper, 404 per cent.
Sterling exchange easy, with actual busi
ness in bankers' bills at 14.8475 for 60-day
bills and .4.8720 tor demand.
Commercial bills. 84.84.
Bar allver. 61 c
Mexican dollars. 48c
Government bonds, steady: railroad bonds.
Irregular.
LONDON. June 25. Bar silver, quiet.
28 T-lSd per ounce Money, 2424 per
cent. The rate of discount In the open mar
ket for short bills Is 2 15-16 per cent; for
three months' bills. 2 per cent.
SAN FRANCISCO, June 2o. Sterling on
London Sixty days. 84.85; do. sight. 84.87.
Silver bars. 62c; Mexican dollars, nominal.
Draft, eight. .02; do telegraph.. .04.
Mining Stocks at Boston.
BOSTON June 25. Closing quotations:
AUouex ..: 48 'Mohawk 70
Amalg Copper.. 85 Nevada Con 11
A Z L ft Sm... 32 Nlpissing Mines. 7
Arizona Com .. 6 North Butte. 81
B- ft C C ft 8 M. T!North Lake J
Cal ft Arisona. . 75 (Old Dominion... 59
Cal & Recla 52S lOseeola 128
Centennial 25 IQulncy 93
Cop Ban Con Co 59:Shannon 15
E Butte Cop M. 13!superior .... 4i
Franklin 12!Sup ft Bos Mln.. 2
GIroux Con 5Tamarack 44
Granby Con ... 55 IB S S R M- 44
Greene Cananea. 10 do preferred... 50
I Royalle Cop) 84iUtah Con Jl
v.. T .i.. 3i T'T n , Conner Co. 63
Lake Copper..". . 38 Winona
La tiaiie copper Hjiionwiiw
Miami Copper. . . 27
CondiUon of the Treasury. '
ning of business today the condition of the
United states Treasury w.
Working balance in Treasury of-
xices . -
In banks and Philippine Treasnry 86.754.113
Total of general fund ?'?S2'750
nkhunummU .' 7Z4, 14j
Surplua to date this fiscal year 6,850,is93,
as against a surplus of 818,384,385 at this
time last year.
( l.il. TJ.najna Canal and
Public Debt transactions.
CUTTLE IUHXET LOWER
SLOW DE.MAXD SEXDS IiOCAL
PRICES DOWNWARD.
B?st Price Paid at Yards Is $8.50.
Hogs, Sheep and Lambs Con
tinue Steady.
Liberal cattle receipts and a alower "de.
mand have caused on easier market at the
North Portland yards. Hogs and sheep
continue steady.
The h..r nrtne. obtainable on steers yester-
day was 86.50, which is not far from the
top of the market. Six loads of feeders
wer sold at 84.75 to 85.85. The Live
stock Reporter's opinion of the market fol
lows: "Indifference among the buyers was the
outstanding feature of the cattle market.
Even the best grass steers among the ar
rivals were difficult to sell, while poor
quality was either neglected entirely or
bought up at extremely low prices. Packers
are evidently having their own troubles
selling beef at present prices and decreased
public demand always reacts on toe uiu
market. A slight Increase in receipts
helned to widen the price spread.
A few loads of hogs were sold at prices
ranging from 86.10 to 17. w.
Good wethers were taken at 84.15 and
lamb, .old 11 n to 85.85.
Receipts yesterday were 282 cattle, 5
calves. 127 hogs and 1047 sheep.
Shippers were H. S. Neal, Condon, 2 cars
of sneep; J.- a. uryan, noiusier, lbi.,- m
cars of cattle; A. R. Ford, McMinnvllle, 2
cars of cattle, sneep ana nogs; . w . .avers,
Sherar, 1 car of cattle; Hugh Cummtngs,
Halsey, 2 cars of sneep. ana a. a: norwooa,
Harrlsburg, 2 cars of sheep.
The day's salea were as follows:
Weight. Price.
20 hogs 141 36.75
48 hogs ...'. 146
7 hogs 108
IO lambs 57
13 lambs 73
116 lambs 72
95 lambs .' 68
12 steera 1252
62 steers ..................... .1270
'23 steers 1000
8 steers 700
2 steers 765
14 steers 110
22 steers 1212
35 steers .....I..1270
13 steers .
27 steers ,.
19 steers . .
5 calves
1 bull
2 bulls
11 sheep ..
35 wethers
275 wethers
241 wethers
28 lambs ..
71 hogs
... 899
...1044
...1105
... 180
. ..13r.O
...1000
... 153
. .. 99
... 98
... 97
. .. 91
. . . 179
7.00
7.00
5.0O
5.50
5.8:
5.85
5.85
5.85
5.85
4.75
4.75
5.65
6.50
8.25
5.60
8.10
6.10
8.00
4.00
3.50
2.25
3.90
4.15
4.13
5.75
7.60
The range of prices ot the yards was as
follows:
rhnln .leers $6.50S6.7o
Good steers .25 6.50
icdlnm .taer. 6.009 6.25
Choice cows 5.75 6.00
r,nAil cows 5.50 5. 1 5
Medium cows 5.00 5.o0
Choice calves 7.00ig 7.7o
Good heavy calves i'25?
tn. 3.50ft 6.00
Stags 4.75 6.35
T.iSh?". !. 7.00 7.S0
Heavy t l)0 -50
Tearling, J-Mg
Wethers J.2o 4.J5
kv.. a.ooey a.7o
Lambs 3.73 5.85
Chicago Livestock Market.
CHICAGO, June 23. Cattle Receipts.
4000- market steady to shade lower. Beeves,
t6109.50; Texas steers, $6.408.00; West
ern steera 86.508.10; stockers and feed
ers J4.20f.75: cows and heifers, 82.70
" Hogs Receipts. 16.000; n.arket weak : 5o
lower. Lignt, ...,e,,
7 72- heavy, 8.2o!7.io; rough. 8.25ol
7l45 ; ; pigs. 85.35&0.95; bulk of sales, 87.50
' sheen Receipts. 18.000: market dull I low-
4 25 7 85 : Western. 84.30&8.00; Spring
lambs, 35-2-lu-
Omasha ' Livestock Mark et.
OMAHA, June 25. Cattle RecelpU 8400.
Market steady to 10c lower. Native steers,
... . . . . anH heifer. S3. 75ft 7.70:
.IVi " " ' '
Western steers.. 85.258.25; Texas steers.
84.75 6.2a; cows ana iienei " . '
ners. 82.50-50; stockers and feeders,
84.25 S7; calves, 848; bulls, stags, etc,
Ho'gs Receipts 17.000. Market 5 to 10c
lower. Heavy. 87.407.60: mixed. 87.85
7 40; light. 87.257.45; pigs. 87; bolk
of sales, 87.30 7.45.
Sheep Receipts. 4700. Market steady.
Yearlings. $585.90; wethers, 84.505; ewes,
82.7564.50; lambs. 8-508.
Metal Jlarkets.
NEW TORS, Jue 25. Copper dull. Stan
ard spot and June, 16.75 17.05c; July,
16.87 17.37e; August and September.
1717.32c; electrolytic, 17c, nominal;
lake. li17e: casting. 1717c
Tin unsettled. September. 47.22 47.25c:
June, 4747.25c; July, 5.25.46v75c; Au
gust, 44 44.75c
Lead steady at 4.404.5Oc.
Spelter firmer at 7.05 7.25c.
Antimony quiet. Cookson's 8c.
Imn steadv and unchanged.
Copper arrivals at New York today, 695
tons; exports tnis monin, jct.wi ions: kwh
don copper firm at 77 2s 6d; futures, 78.
Local aales of tin, 75 tons spot and July.
London tin Arm. Spot. f207 IPs: futures.
ASSETS -REALIZATION
COMPANY
CAPITAL, $10,000,009
Finances going concerns possess
ing large tangible resources but
temporarily involved and unable
to secure adequate banking ac
commodation. Prompt exami
$ nation of enterprises submitted.
CORRESPONDENCE INVITED
SEW YOKH PHILADELPHIA
raadStnu Latayetre Sattalai
CHICAGO
Portland's
clean,
beautiful
bitulitnic
streets
attract
the
attention
of
all
visitors.
J.C.WILSON&CO.
eTOCKA iIONDS. GRAIN AND COTTON
ME.HBLRS
NEW VORii STUCK IXCHANG8
' NEV VOKK COTTON leXCHA.i8
CUICAUO BOARD OF TRADE
THIS STOCK AND BOND EXCHANGB.
BAN FRANCISCO.
Main Office jdUla Bldg., San Francisco.
Branch On Ires Vancouver. Seattle, Pert
land, Los Angeles, ban Disco. Coronadj
Beach. .
PORTLAND OFFICE:
Main Floor Lumbermen Bank Bulldlag.
Fifth and Stark.
Phones Marshall 4120. A 4187.
WE WILL BUT OR SELL.
Portland Home Telephone 6s.
Oregon Electric Railway 5s.
City & Suburban Railway 4s.
MORTGAGE LOANS.
J. W. CRUTHERS A CO,
1000 Board of Trade Bids;.
198. Local sales of lead. 250.000 pounds
July. London lead. 18. Spelter. London, 25
10s. Iron, Cleveland warrants, oos na in
London.
TRAVELERS' GUIDE.
Largest S.S. Co.
ilLMUnil
in the World
1.S10.000
TOMS
Atlantic .
Service .
London, Paris,
Hamburg
Cincinnati July 4. 12 noon
Pennsylvania,. ...July 6, 10 A. M.
Amerika Julv 11. t P. M.
Pres. Lincoln July 18, 0 A. M.
f Second cabin only. Will- call at
Boulogne.
MEDITEEANEAN
GIBRALTAR. NAPLES, GENOA.
S.S.M0LTKE,July6, 10 A.M.
S. S. Moltke August 80. 11 A. 8a.
Two Ideal Cruises
AROUND the WORLD
INLAND EXCURSIONS
AND SIDK TRIPS '
Optional I 14 DAV'8 IN JAPAN
Tours 11 DAVS IN INDIA
Oct. 19, 191 Feb. 6, 1913
From New York IFrom San Fr'sco
fhye S. S. CLEVELAND4
?SS,A80i?a ed1cyhs tCort $650dn
including all necessary expenses
aboard and ashore, railway, hotel,
shore excursions, carriages, guides,
fees, etc
SUMMER CRUISES
To the LAND OF THE MIDNIGHT
SUN. Eight delightful cruises dur
ing June, July and August, from
Hamburg to Norway, North Cape,
Spitsbergen, Iceland, etc.
DURATION 14 TO 26 DAYS
Cost 2.60 and up.
Splendid service, large steamships
VICTORIA LUISE." "KRONPRIN
ZESSIN CECILIE" and "ME
TEOR." Write for booklet of any crulsa
Hamburg-American line
160 Powftll St., Ean Francisco, Cal.;
0 -W. R. ft N- Co.. Nor. Pacific 0.
4- R. Burlington Route, MU-
irauKe & iug ouuuu xv. nM
Great in on n cm ny
Dorsey B. Smith, 60 5th
bL, roruun. wi
Copying bk. laii
ASTORIA NORTH BEACH
STEAMER "T. J. POTTER" beginning
July 3d, will leave Portland at 10:30 P. M.
(daily except Sunday and Monday), arriv
ing Astoria 0:00 A. M. and Megler at 7:80
A. M. Returning, will leave Astoria daily
except Sunday, Monday and Tuesday, at
7:00 A M., Megler at 9:S0 A. M., arriving
Portland 4:30 P. M. On Sunday will leave
Megler 9:00 P. M., arriving Portland at 6
A. M. t passengers nay remain wu uuuru
until R A. U I
Steamer Hasaalo leaves Portland dally, ex
cept Saturday and Sunday, at 8 A. M. ; ar
rives at Astoria 1:80 and Megler 2:15 P.- M.
(Saturdays leaves Portland 1 P. M., arrives
Megler 6:30 P. M.) Returning, leaves Meg
ler II Miy (ffilCflpi ouiluJJ . Mr. m..
rrivlni Portland IO P. M. 8teamer Harvest
Queen Cleaves Portland dally, except Satur
day and Sunday, at 8 P. M., arrives Asto
ria 6:15 and Megler T:30 A M. (Saturdays
leaves Portland 10 P. M. for Astoria and
way landlnga Returning, leaves Astoria
daily, except Sunday, 7 A. M-, arrives Port
land 6 P. M.
SYDNEY SHORT LINE
' 19 DAYS FROM SAN FRANCISCO
Vl HONOLULU nd TUTUILA (SAMOA)
Splendid Steamers of Oceanic Steamship Co.
Knrrbt l Jne. . 10.000 tons disslacement.
sail from San Francisco, July 2, July 30
(new scneauie) ana every o atxy uici a
ifter on a 19-DAV SERVICE TO SYDNEY,
& itktrAT.IA. vlth ston at HONOLULU and
SAMOA, THE QUICK AND ATTRACTIVK
i.nn to Rvrlnev. 1st plass. S200: round trip.
300. Bound world, f600, 1st class; 375 2d
CiaSS, Via LeyiOU ivau jumLwiav-u. -'-r-
overs).
AND
BACK
1st class. SaiUnfrs, June SS. July S, 16. SO
and every z weens.
OCEANIC STEAMSHIP CO., 7I Market St
San Francisco.
HONOLULU $110
Canadian Pacific
"EMPRESSES OF THE ATLANTIC"
AND OTHEK STKAMSH1PS.
HOXTKfeAL. l EBtC AiU LIV&P001.
VIA THE
SCENIC ROUTE TO EUROPE
1000 MILES
ON THE ST. LAWRENCE RIVER
AND
LESS THAN FOUR DATS AT SKA
S633 MILES. PORT TO PORT
THE SHORTEST OCEAN PASSAGE
First Cabin 9.S0 aeO up
Seoand Cabin Ss. and up
One-Class-Cabin Zd-class) aSO.OO and us
Tblrd-Clmss Lowest rates oa request.
Canadian Pacltlc of ice. corner Tlilrd and
Pine Multnomah Hotel bldg.). Portland,
and all local agents
NEW YORK-PORTLAND
KEliULJLR 'UxOUtT SfeUVlCS.
Low Kataa. Scoeduie Xinta
rMEBIC-UAWAilANS,S,Ca,
. SIS Kallw.T Enkssis asMste '
fortiamO, Osa
THE UNITED STATES
NATIONAL BANK
PORTLAND. OREGON.
UNITED STATES DEPOSITORY
Capital $1,000,000
Surplus and Profits $1,000,000
OFFICERS
J. C AUf SWORTH. President. ' R W. SCrMEER, Cashier.
R. LEA BARNES, Vice-President.
A. M. WRIGHT, Assistant Cashier. W. A. HOLT, Assistant Caskler.
LETTERS OF CREDIT AND TRAVELERS'
CHECKS ISSUED NEGOTIABLE EVERYWHERE
DRAFTS DRAWN on ALL FOREIGN COUNTRIES
lumber mens
National Bank
Three years ago this month je removed to onr present
location at Fifth and Stark." At that time our deposits
, were $1,655,187.32, and our total assets $2,196,177.46
On June 14, 1912 (statement to comptroller), our de
posits were $5,171,509.92, and onr total assets, $6,550,383.21
Capital - - SI, 000,000
LADD & TILTON BANK
800,000.00
Established 1869.
Capital Stock....
Surplus and Undivided Profits.
Commercial and Savings Accounts
Letters of credit, drafts and travelers' checks issued, avail
able in all parts of tha -yorld.
OFFICBRS
W. H. Ladd, FVMldent. Robert S. Howard, Asst. Caahlea,
Edward Cooklnslham, Vice-Pre a. J. W. Ladd, Asst. Cashier.
W. BU DnaeaJer. Cashier. Walter M. Cook, Aat. Caahlea,
First National Bank
Capital $1,500,000
Surplus 850.000
I
Oldest National Bank West of tha
Rocky Mountains
t Street Paving Experts and Engineers
tjfflpjroa give Barber Asphalt a high rating of X I
efficiency. Merit is responsible. jj
Effective May 8, 1912
"SS. PRINCE RUPERT AND
SS. PRINCE! GEORGE"
Leave Seattle, Wash., Wednesday and
Sunday at 12:00 o'clock, midnight.
For Victoria, Vancouver, Prince Rupert.
Stewart, Granby Bar and Queen
Charlotte Island.
Grand Trunk Pacific Railway
(Mountain Division.)
Trains leave Prince Rupert, B. C
Monday. Wednesday and Saturday at
1:00 F. M. for Vanarsdol (100 miles).
FREE) PUBLICATIONS Retrardlnar Canadian Homestead Landa, Business
and Social uesaiuoasi aim .- vr..u.
GRAND TRUNK RAILWAY SYSTEM
(Double-Track Route.)
FOUR THROUGH TRAINS DAILY NO EXCESS FARE.
BETWEEN CHICAGO AND ALL POINTS EAST.
THROUGH PULLMAN STANDARD AND TOURIST SLEEPING-CARS.
Dorsey B. Smith, City Passenger Asrt, 09 Fifth St. Phone Marshall 1S79.
J. H. llurcla. G. A, P, D Seattle, Wash.
TRAVELERS' GUIDE.
COOS BAY LINE
8TKAMSHIF BREAKWAIKB
sails from AInsworth Dock. Portland, A.
u. wa. i s. ia la. 21 and 2B; June X, 1.
It 17, 22 and 37. Frelsht received at-
AInsworth Dock dally up 10 r. a, i-as-senser
tare. first'Class. $10.00: secoud-clasa,
E7 00, Includlns- berth and meala Xlcaai
illct Ajisworui Dock. Phones Mala Uue.
A ZSS2.
San Francisco, Los Angeles
and San Diego Direct
K S. Roanoke and S. S. Elder
Sail Every Wednesday Alternately sl..s
NORTH PACIFIC S. S. 00.
122 A Third St. Phones Main UU A Ilia
TRAVELERS' GUIDE.
l lilTllBI
Jt, S.M. Jaef JB-sVsL JtAf
EXPRESS STEAMERS FOB
San Francisco and Los Anffeles
WITHOUT CHANGE
8. S. Bear sails A. M. Jane Is.
THE SAN FRAN. PORTLAND 8. S. CO.
Ticket Office 142 Third Street.
Phone: Main 2605. A 1402.
Steamer Anvil
Balls from Couch-Street Dock Wednes-
day, June 28, 7 P. M.
For Newport, Florence and Baadon.
Freight and Passengers.
Frank Bollam, City Ticket Agent. 128
Third. Phones: Main 628, A 4596.
C. E. Brown, Frt. and Pass. Agt., Couch-.
St. Dock. Phones: Main 861, A 4161.