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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Sept. 6, 1912)
ID THE SIORXIXG OEEGONIAX. FRIDAY, SEPTEMBER 6, 1912. SHORT COFFEE CROP American Markets Are Again Advancing. HIGH PRICES PREDICTED Flowering of Sext Season's Yield In Brazil Mnch Injured by Heayy Frosts Cheap Coffee Is Not I.lkely Very Soon. Excitement prevails In the Eastern coffee market, which has spread to all parts of the country. The market has been rather quiet for the last six weeks, but those In charge of the speculative upward unovemen heretofore have continually maintained that prices were bound to go higher even than the highest point last year. Arbuckle Bros., for instance, have been heavy -buyers in the New Tork and New Orleans market dur ing all the time of the slight depression, having accumulated, according to various estimates, from 'JSO.000 to 300.000 bags ot coffee, besides their regular stock. In value, this la equal to somewhere between $5,000, 000 and lB.000.00O. The first advance came some three or four days ago and has thus far amounted . to one cent per pound. The bulls ' and manipulators freely predict much greater advances, owing to the undoubtedly short crop being now in process of harvesting and preparation, and to the further fact that the flowering or blooming for the 1912-13 crop has been very mucn Injured by heavy frosts. The movement thus far has undoubtedly been a manipulated movement, but if the reports of frosts are verified and the crop proves to be seriously Injured, there is no duration but that prices will be malntameo where they are. and a strong likelihood of still further advances. Cheaper" coffee for the publio still seems to be as far distant aa ever, and the only thing that will bring about a change is good weather from now on in Brazil up to the time of harvesting, which occurs next May. BLIGHTED HOP YARD 18 ABANDONED, Picking Is Stopped on 5-Acre Tard a Brooks. Many reports were received yesterday from the hop yards or a scarcity oi picne. . . - - . numhtrH of nickers left and returned home, partly on account of the unfavorable weather ana also because tney .r comnelled to sick Hops cleaner man they wished. Growers having high-pr'.ced contracts refuse to stand for .slovenly pick ing this year. t i . iiiriir that the total yield in the state will not be as heavy as some of the dealers estimated, as a constderaDie acreage will be abandoned, owing to the blight. At the Massey yard, near Brooks, 45 acres have been given up. This yard would have pro j , ... iHitk nniinil. The crou was cov ered by a term contract at 11 cents, made with W. A. Banner, of Milwaukee, who be ing apprised of conditions in the yard, can- . -ti..4 .v.- .i.ni nnrf nrdered nicking stopped. It was reported that picking was also stopped-at several other yams tor reason. For the good of the market it is hoped that growers having badly molded yards or parts of yards will not put the hops in the bale. Buyers are certain to use extreme caution this year, and the pref erence will be for only clean, souna nop.. T,. market continues ouiet. Three con tracts were made by H. U Bents, in Lane County, at IT and 18 cents.- Tnere was rumor at Salem of a 45-Bale aeai at j New Tork advices were that estimates in . . . v.inB- i-rtnced Almost dally. Liiai iwib In regard to crop conditions In New York the following report by F. M. Blodgett, of - the New Torss State college oi rou,... has been made to the Hop Growers' Asso- The weather for the past two weeks has been very cold and moist. This has been favorable for the Increase of lice and honey dew and consequently the black mold in the hops. During this time the lice have Increased rapidly and some yards where there were only a lew nee iwu - thi.Mti.ned bv lice and the consequent black mold in the hops. The yard to another, many having only scat . ...... . tbm affected. During terea Jims ma. - . this time the mildew, or blue mold, does not seem to have Increased seriously In . , t mint vards seem to rnosi platen - have less mildew at present than two weeks ago. A few yaras nave ut ruined by mildew, as previously reported, but the number of such yards Is small. It la to be hoped that we will have a spell of warm weather to check the increace of lice until the hops are picked. WHEAT STEADY IN COUNTRY .MARKETS Moderate Amount of Buying at I nch an red prices Offerings Not Heo-Ty. The volume ot buying- In the wheat mar ket Is still limited, but the prices of last week prevail. There is still some demand . miliars and from exporters who have early chartered ships, otherwise these prices would probably not be otlerea. "ran. are not pressing their wheat for sale, and this aids in holding the market steady. Oats and barley were unchanged yesterday. Local receipts. In cars, were reported" by the Merchants- Exchange as follows: -Wheat Barley Flour Oats Hay Monday and Tuesday 2S5 "Wednesday .... S2 Thursday 90 . year ago Feason to date.lTOrt Year ago 1009 .11 13 13 10 12 4 4 6 13 2 10 S 5 17 IfU. 373 H 317 t4 457 H 454 HOP CONTRACTS MADE AT EVCENE H. L. Beats Secures 84.008 Pounds at 17 and 18 Cents. Bents has' just "written three hop contracts wun growers at RUinir, ;. -- - pounds, at an average price of l.v, cents These are for Strauss A Co.. of London, and are the only contracts reported written this week to date. The contracts require that the hops shall be of -good color, fully matured, cleanly picked and properly dried as well as free from mold and damage by vermin." A prime nop with the above quality Is in reality a choice hop. . While there have been many reports of moldv vards. there are also many yards where there Is little or no mold. If no fur ther untoward conditions prevail there U every prospect of plenty of choice hops. W EATHER DOESN'T H V RT FRC1T TRADE Strong Demand for Peaches, of Which Supply Is Good. In spite of the weather conditions the fruit trade was very good yesterday. The peach supply was of the customary sire and the demand was brisk, but there was some shading of prices on the street and this tended to unsettle the market. The best stock sold, at 40 to 60 cents. Another shipment of Tokay grapes ar rived and sold at t.75 in lug boxes. Mel ons, cantaloupes and other fruit sold fairly well, but the bulk of the demand was for peaches. Five cars of bananas are due today. Bank Clearings. Bsnk clearings of the Northwestern cities yesterday were as follows: Clearings. Balances. Portland $-J.2-a.r..'.s is,140 Seattle 2.il6.2!'7 150.173 Tsroma 1441 ,.3.27 Spokane 780.348 M.S36 spring Turkeys Are in Demand, poultry continues to sell well. In spite of the free arrivals. Hens brought 13 cents and Springs 14 to IS cents. There was demand yesterday for Spring turkeys at 22 cents alive, but none were to be had. Dressed meat receipts were smaller than on Wednesday and prices were firm. Eggs were steady without change in quo tation. Dairy produce was firm with an active movement. POBTLAXD MARKETS. Grans, Flour, Feed, Etc WHEAT Track prices: Club. 80c: bluestem. 82aS3c: fortyfold. Sic: Valiey, 81c FLOUR Patents $4.40 per barrel: straights. 83.SO; exports. J3.6O&3.70; Val ley. 84.40; graham, 84.40; whole wheat. 'BARLEY Brewing. 828: feed. 123 per ton. MILLSTUFFS Bran. 823.50 per ton: shorts. 2B; middlings. 832; rolled barley. ,2CORN Whole, $38.5; cracked. I3I.S0 per ton HAY Eastern Oregon timothy, 315; Val ley timothy. 1213; alfalfa. 81101a: clover. 810; oata and vetch, 810 11; grain hay. 10gll. OATS Spot, 32930 per ton; futures, 825&2C Vegetables and Fruits. FRESH FRt'ITS Apples, 75C-M1.7S per box; peaches. U.'VOc per box : plums. 1Q1C PT'pound; pears, 2c per pound; grapes. 81 & 81.75 per box; blackberries, 50C&81.23 per TROPICAL FRUITS Oranges, Valencia. 350r4: California grapefruit. 85; lemons, 85&6.50 per box; pineapples, 6c per pound. MELONS Cantaloupes, 50c 1.50 per crate; watermelons. $11.25 per hundred; Cassabas, 31.251.50 per dosen. ONIONS Walla Walla. 76c per sack. POTATOES Jobtlng pices: Burbanks, 60 & 75c per hundred; sweet potatoes, 234c per pound. VEGETABLES Artichokes. 65 975c per doxen; beans, 2c; cabbage, lliic per pound; cauliflower, 31&1.25 per dosen; cel ery, 50c75c per dosen; corn, 1532o per dJzen; cucumbers. 60c per box; eggplant. 56c per pound; head lettuce, 2025c per dozen; peas, SVc per pound: peppers, 56 Sc per pound; radishes, 15 20c per dozen; tomatoes. SOfcGOc per box; garlic, 8&10c per pound. SACK VEGETABLES Carrots, 81-50 per sack; turnips, 81-25 per sack; beets, 3LS0 per sack. Dairy and Country Produce. EGGS Case count 22023c; candled. 358 241c; extras, 27c per dosen. CHEESE Triplets, 17c Per pound; twins, 17c; daisies, 17Kc; Young Americas, ISttc per pound. BUTTER Oregon creamery butter, cubes, 32c per pound; prints, 33333c per pound. PORK Fancy. lH412c per pound. V3AL Fancy. 14(4 15e per pound. POULTRY Hens, 134c; broilers. WA9 15c: ducks, young. 10c; geese, 8012c; tur keys, live, 22c; dressed. 25c. Staple Groceries. SALMON Columbia River, one-pound tails, 82.25 per dozen; eight-pound tails. 82.95; one-pound flats. S2.40; Alaska pink, one-pound talis, $1.25. COFFEE Roasted, in drums. 2440c per pound. HONEY Choice, $3.7S per case; strained honey, 10c per pound. NUTS Walnuts, 19ltto per pound; Brazil nuts. 124c: filberts, 14015c; al monds. 1721c; peanuts, 86!4c; cocoanuts. 90c&1 per dozen; chestnuts. 12ttc ter pound: hickory nuts, 8luc per pound. BEANS Small white, 8.40c; large white, 6.20c; Lima, 6(4c; pink, 4.15c; Mexicans, 4c: bayou. 4 V4c SALT Granulated. $15 per ton; half ground 100s, $7.50 per ton; 50s, $8 per ton. SUGAR Dry granulated, (5.95; fruit and berry. 85 95; Honolulu plantation. 35.90; beet, $575; extra C. 8j.45; -powdered, barrels. $6.20; cubes, barela. $0.35. TtiCE No. 1 Japan. 6c; cheaper graces, 55c: Southern bead, 113740. DRIED FRUITS Appias, 10c per pouni' RnHiwtL 12fS14r. neaches. 8&llc: prunes, Italians. 8 10c: stiver, 18c; figs, white and black, 6V47c: currants. 9c; raisins, loose Muscatel, 6(4 w c; Dieacneu, inwnpwn, llttc: unbleached Sultanas. 8 Vic-., seeded, 7(4 8(ic; dates, Persian, 8(4c per pound hard, $1-60 per box. Provisions. HAMS All sizes, 17(4lS(ic: picnics. lle skinned. 1SU019C: boiled, 27c BACON Fancy. 28 9 27c; choice. 17 22c. DRY SALT MEATS Backs, dry salt. 1 12c; backs, smoked, 12(4lSc; bellies, dry salt, 14 (4c: smoked, ltic urd Tierce basis, choice. 13c: com pound, 9c; leaf, three-pound pails, $8.75 per case. MISCELLANEOUS Pigs' feet, kilts, $1.85 sliced beef, insides, $23 per case: dried beef, insides. 24c per pound; sausage, cervalat. 20t2oc; holstetner. 15c; Italian ham. 20o: liver sausage, quarters. $3; Vienna sausage, quarters, $5. " Hops, Wool and Hides." HOPS 1912 fuggles. 17(4c per pound; clusters, 17 & 18c. MOHAIR Choice. 82c per pound. PELTS Dry. 13c; full wool butcher pelts. $125 31.75: searings. 25 50c. WOOL Eastern Oregon, 14lSc' per pound according to .shrinkage; Valley, 21(4 U22(4c per pouna. I'TDES Salted hides. ll12c per pound; salted calf, 18919c; salted kip, HJfUc: green hides, lie dry call, Jvo. x, at; JNO. 2, 20c; dry hides. 20022c; salted stags. 1(4 Sc; green stsgs, 6(407O. CA8CARA Por pound. 4S5c; carlota, 8 3V4C ' linseed Oil and Turpentine. LINSEED OIL Raw, barrels, 79c; boiled. barrels, 81c; raw, cases, 84c; boiled, cases. 86c. TURPENTINE Cases. 63c; barrels. WAc per gallon. 6 AN' FRANCISCO PRODUCE MARKET Price Quoted at the Bay Ciij for Vege tables, Fruiti.. Etc. SAN FRANCISCO, Sept. 4. The follow- In produce prices were current here today: jR-ult Appies, cnoice, t oc ; common. 40c; Mexican limes. a4o.&0; California lem- mons. choice. ?; common, ?J; pineapples, $1 92.50. Cheese Young America. Joijgc. Butter Fancy creamery, 32 & Eggs Store, 25c; fancy ranch. Zlftc. Vegetables Cucumbers, 25 40c; garlic. 23c; green peas, 45c; string beans. l"3c; tomatoes. 20 &oc; eggplant, 50 Toe; onions, auooc. Hay Wheat, JJlff 22 50; wheat and oats. fl920; barley. 1417; alfalfa, Ill313.50. potatoes Sa.il n as uuroanKS, 1.3a; sweets. $1.75&2. Receipts Flour, 153 quarter sacks; wheat, 114 centals; barley, 21,070 centals; oats, 2.17 centals; potatoes, 4259 sacks; hay, 1129 tons. Metal Markets. NEW TORK. Sept. 5. Copper Arm. Stand ard spot to November, 17.25 bid; electrolytic lake & ; casting, 119 Tin quiet. Spot 47.30 f48: September, .o'H $4S.00; October, 47.2548.00. Lead firm. 4.S5ff.00. Spelter firm, 7.25 8 7.50. Antimony quiet. Cookson's, 8.45.. Iron strong, unchanged. Exports of copper this month. 1387 tona London copper firm, spot, 79 2s 6d; futures. Local bales in tin, 23 tons. London tin firm. Siot, f217 10s; futures, 215 10s. Local sales lead. 200,QKH pounds. London lead. 21 15s. London spelter, 26 35s. ron. Cleveland warrants, 60s liid In Lon don. Coffee and Sugar. NEW YORK. S-pt. 6. Coffee closed steady, net 10 to 16 points higher. Sales. 'O.f-OO bags. September, 14. 1 oc ; October, 14.05c; November. I4.04c; December and January. 14.03c; February. 14.00c; March. 14.03c; April, 14.07c; May, 14.10c; June, 14-llc: July, 14-12C; August. 14.10c. Hpot firm. Rio. 7 s, 14 c; Santos 4s, 16VsC. Mild quiet. Cordova. 16Q ISc, nom inal. Raw sugar firm. Muscovado. s test, s.sec: centrifugal. 94 test. 4.36c; molasses, 99 test. 3.61c. Refined steady. Naval Stores. SAVANNAH. Sept. 5. Turpentine firm, 3S 639c. Sales, 57$ barrels: receipts, 140 bar rels; shipments, 3710 barrels; stocks, Sa.dOO barrels. Rosin firm, bales. 3100 pounds; receipts. 3 8 00 pounds; shipments, 3S00 pounds: stocks. 100.600 pouncs. vuute: j, &.3.X9-6.40; d. M.40&6.4S; E, 6.4i; F, G. $6.506.62; H. 506.55; I. .55: K. S.65; M. $7.05; X, $7.35; WO. 7.207.S0; WW, J8.20. Chicago Produce Market. CH IC AGO. Sept. 5. Butter Steady. Creameries. 23fc 2c: dairies. 21 (h 23c. x.ggs aieaa v , icvoijin, 0100 tiibca; at mark, cases included, l.c; ordinary nrsts, ISc: firsts. 20c. l.l SflSo: loung Americas, 15f16c; Ions horns, 15 16c. Duloth flax Market. PULt'TH. Sept. 3. Close: Linseed on track 81.70: to arrive. ,i.,4: aeptemoer, (1 78 bid: October. 1.66(i: November, tl.fi '-4 asaed; December, 81.63(4 asked. Wool at Sc. Lauis. ST LOl'IS. Sept. 5. Wool Steady. Ter ritory and Western mediums. 21024c; fine mediums, ISSliOe; fine. 18ffl7c. Irled Fruit at JTew Tork. 5. Evaporated apples NEW TORK. Sept Inactive Prunes firm. Peaches dull. Hop a Xr Tork. NEW TORK. Sept. 6. Hops easy. AT All E Stock Values Are Again Moving Upward.. ADVANCES ARE GENERAL Leading Issues Close One to Over Two Points Higher and Indus' trials Gain Two to Eight Points Money lss Factor. NEW YORK. Sept. S. On a comparatively small volume of business stocks today mam fested a decidedly stronger tone than they nave recently shown. canaman t-aotiic Union Pacific Northern Pacific. St. Paul, Missouri Pacific and the anthracite shares were the most nrominent features of the railway division. In which New York, New Haven & Hartford alone developed . some heaviness. Amona the industrials United States Steel, Amalgamated Copper. American Smelting and the equipment issues rose from 1 to over 2 points, while gains in the tobacco group, Mexican Petroleum and Texas Com pany, as well as half a score of miscellaneous stocks ranged from 2 to 8 points. Money waa less a factor, the rate for call loana once approaching yesterday's high rate of 4 per cent, hut most borrowings be- in- made a shade under that figure. Since last Friday local banks have lost over $4,000,000 to the Subtreasury. that sum Just about representing last week's actual surplus reserves of the Clearing-House insti tutions. Exchange on rhicaeo today advanced 25 cents per $1000, suggesting a further outflow of money to the interior. Bonds were irregular. Total sales, par value. $1.(80,000. United States bonds were unchanged on call. CLOSING STOCK QUOTATIONS. Closing Sales. High. Low. 17.900 87 86(4 Bid. Amal Conner .. 17.900 87 86(4 .87(4 Am Agrlcult ' 58 Am Beet Sugar. 900 . 74 :4 74 74 American Can.. 2,300 39(4 38 3? do preferred 118(4 Am Car & Fdy.. 70O 61(4 61 60(4 Am Cotton Oil.. 1,600 S3 54(4 55 Am Ice Securi.. 400 23(4 23 23(4 Am Linseed ... 700 14 12(4 14(4 Am Locomotive. 800 44 44 44(4 Am Smel & Ref Z.900 86(4 8(4 86 do nrpfrreri. ..... ..... 108 Am Sugar Ref.. 700 126 328 12H Am Tel & Tel.. iiOO 144 144 144 Am Tobacco ... 1.600 271 264 Z Anaennno XT Pn S 200 4.44 44 45 Atchiaoa , 1.400 108 10S JOS do preferred. i Atl Coast Line.. 300 143 14214 10714 3914 8014 273 273 81 1SV4 ion 138 3314 142 h. Bait & Ohio Bethlehem Steel Brook R Tran . . Canadian Pac. Central Leather.. Ches & Ohio .. Chi Gt Western. C. M & St PaJl. Chicago 4 X W 300 1,100 1.700 3.700 1..W0 2.50O 400 8.30O 200 WO 10714 4014 9114 27514 27514 8-" 14 18 10714 139 3314 10714 4014 SI 275 H 275 81 lSi 106 13014 Col Fuel & Iron. Consol Gas 33 14514 Corn Products 200 15 . 1514 15 Del 4 Hudson 188 D A R Grande 200 500 3O0 22 22 21 do preferred..' Distillers' Securi Erie do 1st pf .... do 2d pf Gen Electric ... Gt North pf Gt North Ore . . Illinois Central.. Interbor Met ... do preferred. . Inter Harvester. Inter Marine pf. Int Paper Int Pump K C Southern . . Laclede Gas ... Lehigh Valley. . Louis 3t Nash. . M. S P & S S M Mo, Kan & Tex. Mo Pacific Nta Biscuit .... National Lead . . N Ry Mex 2 pf. N Y Central . . . N T. Ont Wes Norfolk & West North American. Northern Pacific Pacific Mall Pennsylvania ... People's Gas ... P. C C & St L. . Pittsburg- Coal.. 33 34 ss iii" 139 46 130 1974 6854 '2014 1614 38 3314 36 53-14 i82H 138-4 4S14 130 19 5814 "26' 16 38 33 8614 53 44 E.flOO 5 DO 30 1.300 1,200 .00 500 700 '"ioo 200 183 139 4614 130 19 cs4J 121 2014 - 16 26 27 105 1S S.40O 300 600 200 S.600 '"'266 400 200 200 200 300 4.300 16914 16314 150 29 41 'eoii' 2914 115-4 27 116 85 127 31 124 116 10014 25 iio'14" 27 8814 2rt 52 3614 "5214' 16S14 162 149)4 29 39 "eoii 29 11314 149 28 40 138 60 29 11514 27 14 27 li 115 - 113 85 84 126 31 124 110 109 24 168 27 8814 25 52 35 '52 54 111 30 80 42 23 170 127 3114 124 116 100 1,000 200 100 2,500 81. 200 00 100 TOO 2UU 2514 37 170 27 pressed s car. Reading xtepuu l & B ... do preferred. . Rock Island Co. do preferred. . St L ft S F 2 pf 88 26 52 36 23 52 5514 112 30 80 43 23 171 9l 81 51 7314 112 6 -46 4 14 57 81 88 400 9O0 "'206 100 1.700 2,100 100 600 400 Seaboard Airline do preferred. . Sloss Sheffield .. Southern Pacific Southern Ry . .. do preferred. . Tenn Copper . .. 5414 11214 SOU 80 43 23 17214 Texas & Pac . Union Pacific . 17.500 do preferred. TJ S Realty ... U S Rubber ... U S Steel 1.R00 39,700 5114 7314 86 14 4614 4 51 72 '65 45 4 do preferred.. Utah Copper . . . Va-Caro Chem .. Wabash 4.900 1.000 200 do preferred. . Western Md . .. Western Union. Westing Elec .. 8,000 S9 Wheel & Total sales Xor the day, BONDS. 272,800 shares. Reported by Overbeck A Cooke Co., of Portland. 31d. ...113 ... 97 Asked. 114 9S 121 97 108 104 95 94 92 97 90 100 100 95 96 99 93 95 87 69 93 90 98 89 81 85 92 2 97 86 71 86 80 93 106 97 116 - 92 97 68 83 93 103 86 96 103 94 99 7S 99 102 96 103 101 102 102 114 114 66 69 95 81 92 lO0 Amer Tel 4 Tel com- 4s.. American Tobacco 4s American Tobacco 6s..,.'. Atchison teneral 4s 96 Atchlton conv 4s 108 Atchison conv 5s .104 Atlantic const Line cons 4s.... -94 At Coast Line L ft N coir' 4S. ) Baltimore & Ohio 3f 91 Baltimore ft Ohio 4s Brooklyn Rapid Transit 4s.... 9014 Can southern first 5s 100 Chesapeake ft Ohio 4s 99 C B ft Q gen mtg 4s 95 C B ft Q Joint 4s 96 C B ft Q Ills 4s. 89 C B ft Qt Denver 4s 95 Central Pacific first 4s 94 Chicago R I ft P ref 4s 87 Chicago R I ft P Col trust 4S.. 68 Colorado ft Southern first 4s 94 Denver ft Rio Grande 4s 88 - Dei ft Hudson conv 4s 97 Erie first cons P L 4s Int Met 4s 81 Japanese 4a 8.1 Japanese first 4s 82 Japanese second 4s 90 Louisville ft Nashville uni 4s... 97 Mo Kan ft Tex 4 ti 50 Missouri Pacific 4s O New York central ais eoi New Tork Central L S 3s 80 New Tork City 4s 93 New Tork City 4s of 1957 10n Norfolk ft Western 4a 96 Norfolk ft Western conv 4a 114 N Y Ont ft W 4S 92 Northern Pacific P L 4s i Northern Pacific 3s m Oregon Short Line 4s 82 Oregon Ry ft Nav 4s . . . . Penna Ry 4s of 1948 102 Phlllpine Railway 4s . . - Reading general 4s. Kepuonc 01 tuu. o;, ........... .v.,. Southern Pacific first rer 4s... s Southern pacific col 4s .... st t. K F ref 4s 78 Union Pacific first 4s. 98 Union racuic conv . Union Pacific ref 4s 9o I'nlted States Steel S F 5s 102 United States 2s coupon 101 United states ob "S"j United States Ss coupon 102 United States 4s registered 113 United Slates 4s coupon ..113 United Railway S F 4s 64 u-.ha.h first 4S - 49 Westinghouse conv 5s 85 Western Pacific 5s 81 ' Wisconsin central ss m West Shore 4s Stocks at Boston. BOSTON, Sept. 5. Closing quotations: Alloues 40!.Monawa ot Amale- Copper.. 87 Nevada Con ....:J2 Arlsona Com .. A isortn nutte. 34 B 4 C C ft S M. '.North Lake 5 Cai ft Arlsona.. 82 iold Dominion.. 69A r..l A Hecla....545 'Osceola ,116 Centennial 21 'Qulncy S9 Cop Ran c.on 10 .i3-nwiinitui io K tsutte von " ,w, , Franklin 11 Sup ft Bos Mln.. I Glroux Con i-4 namaraca nrBnKv Cnn ... 57.U S S R ft 41.. 42 43 50 Greene Cananea.110 do preferred.. RAVI fUODl t tmB LTO 11 Kerr Lake. X":t tah copper Co. 6n l.ake copper.... La Salle Copper. 6 iWolvertne 86 Miami Copper... 29' - Money. Exchange, Etc. NEW TORK, Sept. 5. Money an call firm er. 8 ft per cent: raling rata, 3: closing Did. JTi; enerea si m. Time loans stronger, w aays, 414 per cent: da 4 i n.r pni' 1x months. 5 per' cent. Prime mercantile paper. 5 Sterling exchange unsettled -with actual business in bankers' bills at 84.83.t0 lor OO- day bills and at 84.8630 for demand. Bar silvsr. 62. Government bonds steady: railroad bonds Irregular. - Tixnow. Rent. 3. Bar silver, stead 2S14.d oer ounce: money. 1 2 per cent rate of discount for short bills. 3 per cent: do. three months bill. 8 3 11-16 per cent. is&7 pnivpiarn Rent. H. sterling London, 60 days, 4.S3; do sight, 84.86 Drafts, sight, 1; telegrapn, 4. Condition of the Treasury WASHINGTON, Sept. 5. At the begin ning of business today the condition of the T-nirert Si.ra Treasury was: Working bai. In Treas. offices.. 8 S8?''-'! In banks and Philippine treasury Total of general fund Receipts yesterday Disbursements Deficit to date this fiscal year.. 34.207.050 152.543,547 2.2S6.699 757, S46 fi.T43.044 20.642. 5S0 These figures exclude Panama Canal and public debt transactions. New Tork Cotton Market NEW TORK, Sept. 5. Cotton futures closed steady, 3 to 7 points down. Septem ber, 11.05; October, 11.26: November, ll.oo, December, 11.41; January. 11.28; February. 11.83: March. 11.41: May. 11.49: July. 11-53. soot closed oulet. Middling uplands. ll.BU do, gulf, 11.85. No sales. NEW ORLEANS. Sept. 5. Spot cotton easy, unchanged. Middling, ll..v- LAIS QUARTER HIGHER BIG DAY'S TRADING AT THE STOCKYARDS. . Over 2'50- Head Are Received Cat tle Market Holds Firm Top Hoss at $9.23. The stockyards had one of the liveliest days of the 'season yesterday. The total run was over 2300 head and the demand was active all day. Cattle prices held fairly well throughout, in spite of the large sup ply. Lamba advanced a quarter. The steer market did not touch the ex treme top of the preceding day. Two loads were sold at 8T.10 and about 10 loads brought 86.85 to 87. Lower grade steers ranged in price from 86 to 86.75. Cows sold from 84 to 86.25, heifers from 85.65 to 88-50, bulls from 83.50 to 84.25 and calves from 17 to 88. The hog market did not retain Its strength of 'Wednesday, tops going at 9.25. Heavy hogs sold from 88 to 8830. Three loads of California hogs were among the ar rivala. The sheep market was active at good prices. Choice lambs brought 85.60, an advance of a quarter. Wethers sold at 4.15 UH S4.50- Recelpts yesterday were 671 cattle, 6 calves, 752 hogs, 1008 sheep and 22 horses. Shinners were J. E. Cherry. Weiser. 1 car of horses; Sol Dickerson, Weiser, 1 car of horses; Portland Feeder Company, Weiser, 4 cars of cattle; J. W. Chandler, Enterprise, cars of cattle: W. R. Dlshman. Joseph, cars of cattle: Kiddle Bros., Union, 1 car of hogs: F. E. Graham. Elgin. 1 car of cattle; Cox-Jones Company, Haines, 4 cars of cat- tie: Frert Macev. Baker. 1 car of cattle: C. Howarth. ' Baker. 1 car of cattle; James Miira. Pilot Rock. 2 cars of sheep: J. F. AP- plegate, Wallowa, 1 car of hogs; J. F. Tur ner: Huntlneton. 2 cars of sheep: C. C. Clark. Blalock. 1 car of cattle: W. B. Kurtz. The rkAllra. 1 ear of hoes: Tom Schott. Nlcolo, car of hogs; Charles Proter, Orland. Cai., 2 cars of hogs: John C. Lynch. Cottonwood Cai.. 1 car of hogs, and C. L. Falk, Halsey, 1 car of hogs. The day's sales were as follows: Welght-Prlce, 271 wethers 74 84.15 2 hogs 1 hog 90 hogs 815 350 209 260 123 194 173 177 162 370 HI 166 330 8.30 8.50 9.25 1 hog 9.25 12 hogs.. 49 bogs . 8.00 9.00 9.00 9.00 9.10 8.00 8.00 9.20 105 hogs . , 112 hogs . 87 hogs .. 1 hog .. 8 hogs . 67 hogs . . 1 hog .. 8.2, 87 hogs 206 9.20 6.50 5.50 10 steers 1128 7 cow; .1038 1 heifers 6 cows . . . 943 . .1075 . . 830 .. 875 ..1002 . .1003 . .1127 . .1182 ..1148 ..1070 . .1310 ..1260 6.3a 5.50 4.50 6.25 fl.25 6.85 6.85 7.00 6.90 6.00 4.00 4:25 1 cow . . , . 2 cows 5 steers 21 steers 28 steers . 26 steers . 29 steers . 1 steer . . 1 bull .. 1 bull 1 bull "10 4.25 5.25 1 stag , 28 steers 5 steers 23 cows . 1 steer . 26 steers 54 steers 5 calves 1 calf .. 2 cows . 1 cow . . 9 heifers 1 cow . . 3 cows . . 24 cows . 20 steers 25 steers 16 steers 25 steers ..linn 975 940 1034 1360 1137 1034 102 .-. 370 1170 1010 761 960 '. 1206 877 1207 948 992 1093 1096 J. 1070 6.23 6.75 6.00 6.23 6.83 6.70 8.0 7.00 5.30 5.50 5.65 5.00 5.30 6.10 7.00 0.73 JB.70 6.85 6.50 6.90 7.10 7.00 6.50 6.00 26 steers 27 steers 26 steers il 26 steers 1094 2 steers -. 1130 steer . . ..1060 . . 960 . .1160 . . 960 . . 94S . .1140 . . 936 . . 940 . . 80S .. 9110 ..1240 . . 900 ..1390 . .123 ..1550 75 . . 73 . . 71 steer . 6.85 6. S3 6.00 steers cows . cows . COWS . cows . 6.00 5.75 5.00 cow . . 4.00 4.00 8.50 4.00 3.30 3 xows . 1 heifer 2 bulls . 1 bull .. 1 bull .. 1 bull ... 1 bull .. 50 lambs 4.00 4.00 4.25 5.00 5.60 5.60 5.50 4.50 266 lambs 80 lamba 134 lambs 2C6 wethers 89 The range of prices at the yards was ss follows: Choice jteers i.... Good steers Medium steers Choice cows Good cows Medium cows Choice calvee Good heavy calves .... ...86.75 $7.25 . .. 6.004" 6 65 . .. 5.75 BOO . .. 5.75 6.35 .. . 5.50 5.75 .. . 5.00 5.50 ... 7.00 S..V) ... 6.00 6.50 . . . 3.50 5.00 ... 4.75 6.00 Bulls Stags Hogs Light ... 8.75 9.35 ... 8.00 8.50 Heavy ............. Yearlings ?-52Sr i-55 Wethers 4.0"W s.oo Ewes . m. Lamba 4.ooo D.6U Omaha Livestock Market. OMAHA, Sept. 3. Cattle Receipts, 4400; market, native, stronger. Native steers, o. 3 10.23; cows ana lienors, j,ukd.; em steers. S4as. o; iw Bierri, ei.tiuitf 6.50- cows and heifers. 836.S0; eanners, s-2 754.25: stockers and feeders, 847.50; calves. 84.30e8.50: bulls, stags, etc., 84&5.50. Hogs rteceipis, oovu, mu.ct, .u?. H'avy 8S8.35; mixed, S8.133XB.au; Jlgnt, 88.30 98.30; pigs, 87S; bulk of sales, 8S.1B Sheep Receipts. 9600: market, 10c higher. Yearlings. $4.735.25; wethers. 83.7&4.30; ewes, 83-50 &4.10: lambs. 88.25 6 7.00. Chtcatro livestock Market. CHICAGO, Sept. 5. Cattle Receipts, 4000; market, steady to loc nigner. Beeves, 85 7510.7O; Texas steers. 84.756.50; West- - t.-,8Aifa 13: stockers and feed ers. 84-25t:7.15; cows and heifers. 8308.10; Ives, sbizji.ia.- Hogs Receipts. 17,000: market, slow to 5c lower. Light, 88.2568.93; mixed, 8 95- heavy. 87.60 S8.65: rough. 87.607.80,; pigs 85.258.15; bulk of sales, 8&&8.60. ianeep nrLcjfw, t., .tivun.Lu inn higher. Native. S3.40ia4.65: western. 83 504.75: yearlings. 84.60.5.63: lambs, na tive. 84-707.20; Western. 84.7567.30. Chehalls History Recalled. CENTRALIA, Wash., Sept. 6. (Spe cial.) While rummaging around amour some old papers, T. L. Deversee, a resi dent of Chehalls, found an old sub scription list that was circulated, in 1883 for the purpose of raising: funds with which to build a bridge over the Chehalis, River at Claquato, the county being; too poor at that time to build bridges. Some of the oldest pioneers of this section signed the list. Sev eral men contributed 1100, a consider able sum in those days, while others contributed In produce. LOWEST QF SEASON Wheat Drops te 91 Cents in the Chicago Pit. TONE HEAVY AT CLOSE Depression Due to an Estimate That the Crop Will Be 17,000,000 Bushels Jjarger Than. Istst Tear'sReceipts Are Heavy. CHICAGO, Sept. 5. Wheat today closed heavy after touching the lowest price of the season. 91 cents a bushel. An estimate that this year's crop in the United States would be 17.000.000 bushels larger than the yield 12 months ago was mainly responsible. According to a crop expert who hss fre quently anticipated Government estimates, the 1913 wheat crop will amount to 72S.OOO.- 000 bushels. Winter wheat was figured at 403,000,000 bushels end Spring at 325,000,000. Free arrivals at Northwestern terminals had much effect here, about the only support coming from shorts taking profits in a mod erate way on weak spots. - Selling pressure against wheat came chiefly from professional-speculators and deveped after a firmer start, due to continued wet weather In the Canadian Northwest and to further heavy rains in France. Lack of ex port call more than offset the influence of good flour trade. Com closed at a net decline of 1540 to 1 Hc At the close oats' were off 14 e to a to 140. Provisions closed So to 3214c lower. The leading futaires ranged as follows: WHEAT. Open. High. 8 .92 .8214 .. .92 - .92 . .96 .96T4 CORN. Low. 8 .91 .91 .95 Close. .9114 .91 .9314 Sept. .. Dec. . , May .. Sept. .. Dec . . May ... .72 .54 .53 .72 .54 .53 .65. -55 .54 ':34 OAT8. Sept. 82 .32 .31 .81 Dec. 32 .32 . .32 .32 May .84 .85 .84 .84 MESS PORK. Sept. .. 17.40 liM 17.20 IT.22 Oct. 17.47 17.60 17.32 17.40 Jan 19.10 19.12 18.92 18.95 LARD. Sept. 11.10 11.10 11.05 11.0T Oct 11.12 11.17 11.12 11.12 Dec 10.75 10.SO 10.75 10.75 Jan. 10.73 10.75 10.67 10.70 SHORT RIBS. Sept. ..10.90 10.90 . 10.85 10.85 Oct 10.93 10.95 10.924 10-95 - Jan. .. 10.15 10.15 10.07 10.10 Cash quotations were as follows: Flour Steady. Rye No. 2, 66 68c. Barley Feed or mixing, 45 53c I fair to choice malting, 61 68c Timothy seed 83.50 4.50. Clover seed $1317. Pork Mess, 17.2517.37. Lard In tierces, 81110. Short ribs Loose, 818.87. Grain statistics: Total clearances of wheat and flour were equal to 104,000 bushels. Primary receipts were 1,958,000 bushels, compared with 1,2!9, 000 bushels the corresponding day a year ago. Estimated receipts for tomorrow: Wheat. 260 cars; corn, 334 cars; oatb, 424 cars; hogs,, 13,000 head. Grains lu San Francisce. SAN FRANCISCO, Sept. 5. Spot quota tions: Walla Walla, 81-501.52; red Rus sian. 81-501.52: Turkey red, 81-55 1.571: bluestem. $1.3381.3714; feed barley, 81.45 1.47: white oats. 81.601.65; bran, 824624.50; middlings, 832 33; shorts, 8270 2T.OO. Call -board sales: Wheat December, 81.55 bid. 81-57 asked. ' Barley December, 8147; May, $1.50. .. Minneapolis Grain Market. MINNEAPOLIS, Sept 5. Close: Wheat September. 86 $6; December, 89c; May, 93 c Cash: No. 1 hard, 89c; No. 1 North ern. 87e8Sc; No. 2 Northern, 83 86c: No. 3 wheat, 8083c Corn No. 3 yellow, 75 77c. Oats No. 3 white. 30 6 30c. Rye No. 2. 6S73C Flax $1.78 1.79. Barley 36 64c. , Puget Sound Grain Markets. TACOMA. Wash., Sept. 5. Wheat Blue stem. S284c; club, 7981c. Yesterday's car receipts Wheat, 4; corn, 1; hay, 4. SEATTLE, Wash., Sept. 5. Wheat Blue stem, 82c; fortyfold. bOc; club, 80c; nfe, 80c; red Russian, 78c. Yesterday's car re ceipts Wheat, 40; corn, 2; oats, 13; flour, 5; hay, 17. European Grain Markets. LIVERPOOL, Sept. 5. Close: wheat, Oc tober, 7a 7d; DecemDer, i sa. weataer, clear. English country markets quiet. French country markets weak. MAZAMAS 'WILL PICNIC CLIMBERS TO GATHER AT TOP OF MOU.XTAIX VIEW. Forty Members of Association Re turn Monday From Wulk From Jiehalem to Seaside. The Mazamas' annual aftermath pic nic will be held Saturday night. It will be In charge of the same commit tee that conducted the outing to Mount Hook. Take Willamette cars to Rugby street and go by an eaey climb to the top of Mountain View. The trail will be marked so it can easily be followed. Each person will take lunch, cup and SDOon. conee win oe servea uy ine committee at 6 f. M. Ail persons wno took photographs on Mount Hood are reauested to bring a full assortment. Those having Japanese lanterns should bring them. After a strenuous wain irora ie- halem to Seaside, 40 Mazama bikers re turned to Portland Monday night. Iesrjite unfavorable weather the Mazamas stuck to their Job. although many were tne aucKings aa mey climbed around Humbug foint, at nail tide, with a stormy sea running. Among those participating in tne outing were Miss Reta Sammons, Miss Nancy McBride, Miss Martha Olga Goldapp, J. G. Hunter, Miss Gertrude Bide, Miss illsle Sliver, miss Beatrice Tounee. Mrs. J. P. Morgan, J. M. Mason, Arthur N, Churchill, Miss Ioma I. Imea, Miss Anna C. Dlllinger, J. P. Bronaugh, Miss Martha Nllsson, Edward bammons, Randolph Carroll, Miss Mary 1 Hen thorne, Miss Alice Banfield, Miss Ada Ueelev. W. S. Beattie. Clifford Lee, George X. Riddell, H. T. Smith, F. P. Luetters, Dr. C. V. Luther, Cyrus P. Woodworth. H. R. Hayek, Frank Hayek, Bvron J. Beattie. W. P. Hardesty, Miss Anna Bullivant. E. C. Jennings, Ben F. Wenner, Miss Sarah E. Case. D. P. Lamb, A. L. Heyer, Jr., Miss Lillian G. Cowie, Miss Pansy Shaver and R. W. Ayer. An automobile may traverse -the en tire coastline from San Diego to Seat tle, with the exception of nine miles from Neah-kah-nie Mountain to Arch Cape. Here is a trail that could easily be made Into a gooa rrao. Centralis Has Hopplckers. CENTRALIA Wash., Sept. 5. (Spe--i aA..lplflnr hu started at the various Lewis County yards. Including the Garbe yards, near Chehalis; the smith vards. at Toledo, and the Wales yard, at Knab. Picking started at the Klaber yaras toaay, ana win uegrm i the Bush yards, at Mossyrock. Monday. An abundance of pickers la reported. LUMBERMENS NATIONAL BANK Capital $1,000,000 DO YOU SEND MONEY AWAY? We sell drafts, available anywhere in the world. Our charges are lower than money order rates. J Compound Interest Corner Fifth 4" on Saving nd Stark LADD & TILTON BANK Established 1869. Capital Stock $1,000,080.00 Surplus and Undivided Profits.... 800,000.09 Commercial and Savings Accounts Letters of credit, drafts sad travelers' chocks issued, avail, tile in all part of the irorld. OFFICERS W. K. Ladd. IVraldeat. Robert S. Hewmrs, Asst. OaaMes Edward CMklsfian, VtMoFTOk W. Ladd, Asst. Cashier. W. H. Duskier, Cashier. Walter M. Ce-ak. Aat. Casblsa. First National Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank West of the Rocky Mountains ADJUTANT - GENERAL FINZER AXXOUXCES CHANGES. : Mutinous Officers of Second Battal ion, Third Infantry, Formally Discharged by Order. General Orders issued yesterday by W. E. Finzer, Adjutant-General of the Ore ron National Guard, announce the formation of four provisional com panies organized in compliance with the previous order disbanding the second battalion, Third mtantry, ana name ...... ....... nfAMi. whn will rnnlnre Can- tain Walter L. Tooze, Jr., and Captain Harry E. Williams, who were recently discharged from the service following the mutiny during the Army maneuvers at Gate, Wasa. Referring to the second battalion, Third Infantry, ordered disbanded Aug- ist, 8, the oraers state mat tun uiu- ...Ill uikarwrt frADI mi'Sfl headquarters; the enlisted men will be discharged or tranaierreu iu uiaci i-e-anizations by the commanding officer, Third Infantry." The four companies are aeciarea or ganized jsrtd stationed as follows: First, third asja afth provisional companies fW V H H ' .LUC OCUXl V ,D.W.,n. .-,alJlo nantflin I'Htpr R. 4ned as commanding of--skrst company; Captain pmaker, commanding of -f-d; First Lieutenant Len- n, of the medical reserve d to succeed ex-Captain jimander or tne secona com .nnl TjAiirenant Albert E. pallj, ..,...,..--. Cooper is assigned as commanding offi cer of the fourth company to succeed ex-Captain Williams. These officers are ordered to recruit to the required standard immediately. Appumiuua v-.L..-. i- company commanders will be made to the headquarters oi Aajuiam-uenerai Finzer. In a Hungarian theater the patrons are seated according; to size, tne iiuuet being placed In the front row. ' b-i-t-u-I-i-t-h-i-c is widely acknowl edged to possess more of the quali ties of the perfect pavement than any other in existence. New Calcutta ' GRAIN BAGS Ready at PORTLAND, SEATTLE or TACOMA lor immediate shipment upon receipt of order E.T.B. MILLS Agent for Importer Imperial Hotel. PORTLAND, OR. wnieior rnccs J.C.WILSON&CO. STOCKS, BONDS. GRAIX ASO CfTT0 MEMBERS SEW TORK STOCK EXCHANGE. NEW TORK COTTON EXCHANGE. CHICAGO BOARD OF TRADE. THE STOCK AND BOND EXCHANGE, SAN FRANCISCO. PORTLAND OFFICE: Main Floor Lumbermen Bank Bldg. Fifth and Stark. Phone Marshall 4120. A 4187. comiw Kolla? flcerl f-K Georj ' flcerfi thai! corpf TRAVELERS' GUIDE. THINK OF IT $8.50 San Francisco to Los Angeles AND RETURN on Those Palatial Steamers YALE or HARVARD Account G. A. R. Encampment. Baillns-s: September 6, 1 and . Tickets good until September 80. Tickets now on sale. Make your reservations at once. Railroad or any steamer to San Francisco, the Expo City. Largest, fastest and the ONLY strictly first-class passenger ships on tho Coast Average speed 28 miles per hour; cost 12,000,000 each. SAX FRANCISCO. PORTLAND, AND LOS ANGELES 8. S. CO. Frank Holism, Agent, Main 628. 128 Third Street A 4598. iin I I si r 19 DAYS nwn I -'- 19 DAYS The plesssntest snd most comfortable ot all ocean voy agesa trip scrois the Pacific to the Antipodes. Splendid steamers "SONOMA" and "VENTURA", 10,000 tons displcccmsst. 44 dsys San Francisco to Sydney, Australia, snii hack, with a dy St HONOLULU each y. "tops at PANGO PAN GO (SAMOA) snd six days at SYDNEY, ths most beautiful and healthful city in tbe world. Forrest, recreation snd pleasure no other tnp compares with this. Stevenson said of Samoa, "No psrt of ths world exerts the same attractive poirer upon the visitor. Roun! trip rates, let class, from San Frsncvo: HONOLULU l 10: SAMOA J240; SYDNE .'$300. ROUND THE WORLD $900 1st cabin; $975 2d cabin, via Ceylon Egvpt. l''T. l-'b'ral stop-oven. Sailings every two weeks: Aus. 1 3, 27, Sept. 10, 24, Or. 8, etc. Write or wire NOW for bertha. OCEANIC STEAMSHIP CO. 671 Market K. e Franca RMffliiMWii LONDON, PARIS, HAMBURG tAmerika Sept. 1 Hamburg Sept. .1 Kron. Cecille Sept.. 14, 11 A. M. President Grant Sept, 1 tKltz-Carlton a la Carte Restaurant. GIBHALTAR, NAPLES, GENOA. S. S. MOLTKE, October 1, 1 P. M. r.B.t;ieveian(l tworia cruise ucu av, . fc. S. Cincinnati November 2, li noon . Hamburg-American Line, 100 Powell St., San Francisco. Cel.; O.-W. R. & N. Co., Nor. Pacific, D. & R. O. R. R-, Burlington Route, Milwaukee 4 Puget Sound R. R., Great Northern Railway Co., Dorsey B. Smith. 69 Fifth St.. Portland, Or. COOS BAY LINE STEAMER BBEAKYVATEB Sails from Alnsworth Dock. Portland, at 8 A. M;, September 2. I, 12, 17, 22, 27: October 2, 9, 16. S3, 80. Freight received at Alnsworth Dock dally up to S P. M. passenger tare r irni-ciaw, , . class. 7, including berth and meals, Tlckot OrilCe at AiiiBwuriu ' " V. Main 3800, A 2332. Portland Coos Bar SS. Line, H. J. Mohr, Agent. EXPRESS STEAMERS FOR ' San Francisco and Los Angeles WITHOUT CHANGE H B. HEAR, a A M SEPT. I. THE SAN FRANCISCO PORTLAND S. S. Co. Ticket Office 133 Third Street. Phone Main seuo, A stfns. San Francisco, Los Angelsi and San Diego Direct R R 'Roanoke and S. S. Elder Sail Every Wednesday Alternately at P. U. N0ETH PACIFIC S. S. CO. l A Third St. Ill ones Mala 1814. A Mil NEW YORK -PORTLAND REGULAR FREIGHT SERVICE. Low Rates. Schedule Time. AMERICAN-HAWAIIAN S. S. CO. Z1S Hallway Exchange Bide Portland, Or. Mala 8378. A Steamer Anvil Sails from Coach-Street Dock Wednesday. 8ep.ember 11, IP. M. For Newport, Florence and Bandoa. Freight and Passengers. Frank Bollam. City Ticket Agent. 128 Third. Phones Mala O.'S. A i :&. C. E. Brown, Frt. and Pasa AgL, Couch St. Dock. Phones. Main 861. A 4161 Drain to Goos Bay Aile Evrr Das-. Wire Reservations te 0. MATT00N, Drain, Or. SYDNEY