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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 4, 1913)
13 THE MORNING OREG ONI AN, FRIDAY, JULY 4, 1913. HOPS WILL BE GLEAN Crop Prospects in Oregon Are Excellent. WASHINGTON YARDS FINE Fifteen Cents Paid for Contracts in California, Where Yield "Will lie Short as Compared With Last Year. Fifteen cents was paid for new, crop hops In Sonoma and Mendocino counties yester day, and this price was offered elsewhere In California, but In Oregon no new busi ness was reported. Growers attitude Is firm In all sections. The Oregon crop Is in fine condition, and promises to bo not only larger than last year's but of better quality. The vermin attack la very light, and as spraying will bo started Monday, no trouble Is looked for on this score. Estimates of the crop range from 120.000 to about 130.000 ' bales, as against & yield of 117.000 bales In 1912. The Washington crop Is also promising. From Taklma comes word that the yield In that section may be 5000 bales more than last year, while In Western Washington the outlook Is as good as in Oregon. California esti mates at present are from 100,000 to 105,000 bales. Last year the Southern state pro duced 117,000 bales. The total Coast crop will probably be nearly the samo as a year ago. The only unfavorable reports are from Kurope. English growers are making a de termined effort to eradicate lice, and are aided by the healthy stand of the plants, but that they are having a hard fight is shown by the firm tone of the market. On the Continent the worst reports come from Belgium and Bohemia. In Bavaria and the other larger sections, conditions are favor able, according to cablo advices. The Kentish Observer of June 19 says of the English crop and market: 'On the whole the aphis trouble is not quite so serious as it was a week ago. But it is bad enough, and washing will have to be continued for a long time yet in order to save the plants from going into a black blight. Where the bine has not been washed it begins to look an unhealthy color and is not growing at all well. "The Board of Agriculture states that the area under hops is somewhat larger than last year, by perhaps three to four per cent., the Increase being mostly In Kent. "There is a little more disposition to buy and not so much desire to sell hops. Prices are consequently harder, and upon the lower priced English hops an advance of 2s or 3s per cental can be quoted." English hop dealers' letters say: There has been a further clearance of hops during the past week and stocks are getting Into the narrowest compass. Prices are very firm Indeed; In some cases a few shillings more has been paid to secure de sirable lots. All reports from the planta tions speak of the continuance of the aphis blight. W. H. & H. Le May. There has been a fair Inquiry during the week and the small available stocks of 1912 hops are being held for full current rates. A severe attack of aphis is prevalent in most districts and washing Is being vigorously re sorted to. Wild, Neamo & Co. Tho steady demand for present require ments continues. The small supply left di minishes dally. Values remain firm. Man er & Henley. Market continues firm and in one or two cases a few shillings more per cental has been paid for special lots, though buyers generally still refuse to give any advance on present values. Thornton & Monger. SALES OF WALLOWA COUNTY WOOL Trie Remain Close to Opening Bange. Several Clips Still TJashorn. ENTERPRISE, Or., July 8. (Special.) A few more wool clips have been sold in Wallowa County in the last ten days at prices similar to those paid earlier, around 18 and 14 cents. J. A, Funk bought Kay E. Vest's wool, amounting to about 18,000 pounds. F. a. Clarke took these clips: Craig & Hanson, 18,000 pounds; John John son, 13,000. and L. C. Johnson, 33.000. Walter E. Bonor sold his 17,000 pounds to F. E. Jonas, the only outside buyer to take any of this county's clip to date. This was one of the choicest clips in the county, ranking with those of J. c. McFetrldge and Albert Morgan, and brought 1414 cents. No sale day was attempted at Enterprise or Wallowa, but an effort was . made for one at Joseph. Mr. Jonas was the only buyer who came in and he got only the one clip. Bids will be asked for on tho large clips of peter Beaudoln and of the D. & M. Company. Five lota of wool, not yet shorn, will come into market later. These are the clips of W. Q. Belth, 15.000 pounds; of C.owan Brothers, 10.000; L. stumbaugh 18. 0O0; L. D. Roberts, 13.000, and Q 'Gay lord. 18,000. Two clips remain to be accounted for, those of F. D. McCully, 40.000 pounds, and T. Blanc, 18.000. Both have been con signed to Boston houses. WHEAT CONTRACTS ON SMALL SCALE Spot Demand Is Dull and Prices are Nominal. The wheat market yesterday had more or less of a holiday appearance. There was practically no demand for spot grain, and prices quoted are nominal. Very little contracting is being done in tho country, according to all reports. It Is not believed there has been much buying against European business, and It is also thought the sales made recently to the Orient have not been fully covered. These sales are figured by some grain men at 20,000 tons, but the traders have not shown much activity In Becurlng tho wheat. With any resumption of the Japanese Inquiry, however, operations in tho country would probably be resumed. Local receipts, in cars, were reported by the Merchants' Exchange as follows: "Wheat Barley Flour Oats Hay Monday 37 20 18 4 7 Tuesday 11 23 3 2 9 Wednesday .....12 21 7 4 Thursday 35 25 6 "i b Year aco Thurs. and Friday 22 10 13 C001 HOLIDAY TRADE IN FRUITS Cantaloupes and Deciduous Sorts Clean Cp cu on street. There was an active holiday fruit trade up to noon and supplies on Front street were well cleaned up in all lines. The bulk of the poor cantaloupes have been worked off and the market is In steadier condition. Peaches, plums and other deciduous fruits were steady. There was a moderate supply of small fruits, which moved well. Raspberries were steady at $1.231.35. Loganberries were quoted at $1Q1.25, but buying is not yet active. Receipts of cherries showed an increase, but cleaned up. Royal Anns were quoted at 11.50 1.75 and Blngs at J2.25 0 2.50 a box. Four cars of bananas were unloaded In good condition. Ripe bananas were scarce for the Fourth of July trade. Poultry Slow and Unchanged. Tho poultry market was slow with mod erate receipts, all of which worked off. Hens were quoted at 13 Vs cents and large Springs sold at T20 cents. Ducks veni Tnrv wn lr and sold lower than geese. Dressed meats were unchanged. The egg market was firm, as heretofore. with small offerings of fresh ranch stock. Butter and cheese were without change. Advance in Linseed Oil. A three-cent advance In linseed oil was announced yesterday. The new case prices are 64 cents for raw and 66 cents for boiled, with the usual discount on barrel lots. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: Clearings. Balances. Portland S2.111.&07 S1,62J Seattle 2,161,70:1 203,273 Tacoma 557,031 67.09O Spokane 820.053 170,770 PORTLAND MARKET QUOTATIONS. Grain, Flour, Feed, Etc. WHEAT Track prices: Club. 91093c; blucstem. v5$97c; red Russian, 90c; valley, 93e. OATS No. 1 white, J2DS30 per ton; stained and off grade, less. FLOUR Patents, S4.70 per barrel; straights, (4.10; exports, S3. 8303. 95: valley, (4.70: graham, (4.60; whole wheat, (4. SO. CORN Whole. (28.60; cracked, (29.50 per ton. MILLSTUFFS Bran. (24.50 0 25 per ton; shorts, $26.50 (a 27 per tun; middlings. (31 per ton. BARLEY Feed, $23-323.50 per ton; brew ing, nominal; rolled. $2728 per ton. HAY Eastern Oregon timothy, choice, $1S19 por ton; alfalfa. (13 014. Fruits and Vegetables. Local jobbing quotations: TROPICAL FRUITS Oranges. (4.50 O 6 per box; lemons, (910 per box; pine apples, 7c per pound. ONIONS Red and yellow, (1.10 1.23 per sack. VEGETABLES Artichokes, TSCper dozen; asparagus, Oregon. 60c(1.0O per dozen; beans, SyOc per pound; cabbage, 1 'G 2c per pound; cauliflower, (2.00 per crate; corn, 40c per dozen; cucumbers, 90c per box; eggplant, 25c pound; head lettuce, 35 & 40c per dozen; peas, 35o per pound; pep pers, 17 H & 20c per pound; radishes, 10 12c per dozen; rhubarb. l2c per pound; spin ach, 75c per box; tomatoes. (1.251.35 per box; garlic, 7Sa per pound. POTATOES New California. 2V4 per pound. GREEN FRUIT Apples, new, (1.25 per box; old, nominal; strawberries, 75C(g(l per crate; cherries. 4 010c per lb.; goose berries. 34c per pound; apricots, (1.25 1.50 per box; cantaloupes, (1(3:2.50 per create; peaches, 85c(1.10 per box; water melons, 2Vic per pound; plums, $1.50 1.75 per box; raspberries, $1.251.35 per crate; loganberries, (1&1.25 per crate; blackberries, (1.75 2 per crate. Dairy and Country Produce. Local Jobbing quotations: ' POULTRY Hens. 13c; Springs, l20c; turkeys, live. 18 20c; dressed, choice, 24 25c: ducks. i0llc; geese, young. 12 He. EGGS Oregon ranch, cose count. 2324c per dozen; candled, 2326c per dozen. CHEESE Oregon triplets, 16Vc; Daisies, 17c; Young Americas, 18c. BUTTER City creamery butter cubes, 28c per pound; prints. 30c per pound. PORK Fancy, 10 lie per pound. VEAL Fancy, 1414c per pound. Staple Groceries. Local jobbing quotations: SALMON Columbia River, one-pound tails, (2.25 per dozen; half-pound flats. $1.40; one-pound flats. $2.45; Alaska, plnlc one-pound tails, 85c; sllversldes, one-pound talis. (1.25. HONEY Choice. $3.25 3.75 per case. NUTS Walnuts. 18c per pound: Brazil nuts, 1215c; filberts, 1515c; almonds, 18c; peanuts, S.5Mc: cocoanuts, 90c(l per dozen; chestnuts, 11c per pound: hiek orynuts, 810c; pecans. 17c: pine. ITV402OC. BEANS Small white. 6c: large white. 5. 90 0-Go; Lima, 6.S0c; pink, 4.15c; Mexican, 5c; bayou, 4. loo SUGAR Fruit and berry, (5.35; Honolulu plantation. $5.30; beet. $8.15; extra C, (4.85; powdered, barrels, (5.60; cubes, barrels, (5.70. COFFEE Roasted, in drums, 1335o per pound. SALT Granulated, (14 per ton; half ground 100s. (10 per ton; 50a, $10.75 per ton; dairy, $12.50 per ton. RICE No. 1 Japan, 55c: cheaper grades, 4&c; Southern head, 56c. DRIED FRUITS Apples. 10c per poundl apricots. 12I4c; peaches. 8llc; prunes, Italians, 8 10c; silver, 18c; figs, white ana black, 61441 7c; currants, 9Vc; raisins, loos Muscatel, 6?47Mc; bleached, Thompson. llo; unbleached. Sultanas, Shici seeded. SS'iL': dates. Persian, 7"" 8c per pound; fard, $1.65 per box. ' FIGS Twelve 10-ounce, 85c; 60 0-ounce, (1.85; 70 4-ounce. $2.50; 30 10-ounce, $2.25; loose, 50-pound boxes, 6&7e; Smyrna, boxes, $1.101.25; candled. (3 per box. Provisions. Local Jobbing quotations: HAMS 10 to 12 pounds, 21 22c; 13 to 14 pounds, 21 22c; picnics, 11 Vic; cottage roll, 17 He. BACON Fancy, 3031c; standard. 25 26c; English, 21 22c LARD In tierces, choice, 14 e; com pound, 9)4c. DRY SALT MEATS Regular short clears. 14HS16c; short clear hacks, 12 to 16 lbs., 16 1614c; short clear backs, 18 to 25 lbs 15184c: exports. 15A17c. BARRELED BEEF Extra mess beef, (20; mess beef, $20; plate beef, $22; rolled boneless beef, (30. BARRELED PORK Best pig pork, (27; pickled pork, $25. SAN FRANCISCO PRODUCE MARKETS Prices Quoted at the Bay City for Vegeta bles, Fruit, Etc SAN FRANCISCO, July 3. The following produce prices were current here today: Fruit Apples. 75CCSS1.50: Mtilcin llm. nominal; California lemons, choice. (79; common, (4&; pineapples. $1.252.25. Cheese New. 1 4 J 1 - v - 17Hc . Hay Wheat, $23 25; wheat and oats. $21.5022; alfalfa, $1214. Butter Fancy creamery, 2Sc: seconds. 27c VeEAtnhlna rn.i, m ..., n " . .j, Mny-tui;, green. peas. 1H&2V4C; string beans, l43c; egg- . ..... L, OfUU. unions Miw, red, 6065c per sack; yel low, 57oc per sack. Potatoes New RIvb- vktfa. ft.e-t Early Rose, 75c$l; Oregon, 80c$1.00; Receipts Flour. 2S76 quarters; barley, 8746 centals: natataM. 1UA B,fli,,- ... 916 tons. ' MILLS LARGER BUYERS OF WOOL. Frequently Obliged to Raise "Limits to Get Rest Grades. BOSTON, July s. The Commercial Bulle tin tomorrow will sayr There was a far better demand from the mills on current orders this week, but at about tho level of last week's quotations A little old-territory wool has been sold, but tne bulk of the business has been In new wools, principally territories, including sev eral hundred thousand pounds of Montana and Texas wools. Manufacturers still argue for a 50-cent clean basis for the best .fine and fine me dium wools, but are frequently obliged to raise the limit slightly. Coffee and Sugar. NEW YORK, July 3. Coffee futures opened steady at a decline of 9 to 10 points in response to disappointing European cables, foreign selling and scattering liqui dation. There was no particularly active or aggressive demand, but realizing by recent sellers for over the holidays and re ports of a steady cost and freight market proved sufficient to cause moderate rallies, with the close steady at a net loss of 3 to 8 points. July, 9.16c; September, 9.41c; Oc tober, 9.4Sc; December, .62e; January 9.67c; March, 9.79c: May, 9.S3c. Spot, steady; Rto, 7s. 8c; Santos. 4s, llHc Mild, quiet; Cordova. 1316Hc, nom inal. Raw sugar, firm; centrifugal. 3.48c; mus covado, 2.9Sc; molasses, 2.73c Refined sugar, firm. t Cotton Market. NEW YORK, July 3. Cotton Spot closed quiet. Middling uplands, 12.35c; do gulf 12.0c Sales, 4355 bales. Futures closed steady, u to 12 points lower. July, 12.05c: August. 12.05c: September. 12.00c; October, 11.40c; November. 11.33c; December, 11.38c; January, 11.33c; Febru ary, ll.S5c; March, 11.43c; May, 11.45c NEW ORLEANS, July 3. Spot cotton, quiet, unchanged; middling, 12c. Sales. US bales. Foreign Trade at New York. NEW YORK, July 3. Imports of mer chandise and dry goods at the nort of New York for the week ending June 28 were valued at sis,9ju,U40. Imports of specie for the port of New York for the week ending today were $194 -934 silver, and (28S.931 gold. Exports of specie from the port of New lorn tor me weeic ending today were 170 782 silver and $100 gold. London Wool Sales. LONDON. July 3. The offerings at the wool auction sales loaay amounted to 11, 542 bales.. Good wools were active and firm, but Inferiors were Irregular. A fine assortment of greasy merinos was readily sold, principally to the home trade, the best grades bringing Is 31d to Is SVsd. American purchases were limited. HEAT CHECKS TRADE Hot Wave Affects Retail Dis: tribution in East. CROP OUTLOOK IMPROVES Demand for Pig Iron Is Larger Than for Several Months Past Tex tile Stocks Everywhere Are Abnormally low. NEW YORK, July 3. Dun's review Sat urday will say: High temperatures throughout most of the country curtailed retail distribution somewhat, while the holi day accentuated slightly the prevailing dull ness, in most wholesale lines. Needed rains in the agricultural regions have Improved the crop outlook and harvesting of Winter wheat is progressing under ideal circum stances. Private estimates indicate some gain in the cotton prospect, while the Gov ernment report on Thursday placed the con dition at Sl.S per cent, against 80.4 a year ago. The submission of a practical plan for separating the stock of the Union Pacific and Southern Pacific Railroads was, on the whole, a favorable factor in Investment mar kets, although renewed war In the Balkans, this time between the allies, renders the European monetary situation more unsettled. Tho lull in the Iron and steel trade con tinues as to finished lines, but a larger demand for pig iron appeared during the week than for several months past. Buying of equipment by the railroad has been re stricted of late, but a fair volume of new business is coming forward In finished products. Stocks of the leading textile distributors and retailers at the end of the first half year are abnormally low, but replenishment is being confined to immediate needs until the tariff bill, now gearing its final stages, has been passed. Business in leather shows improvement, with a steadier demand for all grades, and footwear salesmen report fair-sized orders for immediate delivery, although contracts for Spring are below expectations. Railroad gross earnings, so far for June, show an Increase of 7.S per cent, as com pared with the same month a year ago. Total bank exchanges at 120 leading cen ters during June made a gain of .4 per cent over the -same month last year, but a loss of .8 per cent, as compared with the" corre sponding month in 1911. Commercial failures this week In the United States are 230. against 197 the cor responding week last year. Failures in Can ada number 26, against 23 last year. PIG IRON " BUYING IS HEAVIER Largest Sales of Raw Wool Reported for Lone Time Past. NEW YORK, July S. Bradstreet's review of trade Saturday will say: The widespread hot wave and the ap proach of the mid-year holidays have stimu lated retail trade in light Summer fabrics and furnishings, but made for quiet In most wholesale and industrial lines, the latter In most cases ranging for a three-day sus pension of operations. The result Is a somewhat irregular week closing a half year, which, while not fulfilling sanguine expec tations, has proved better than fears, bred of tariff revision and world-wide tight money, had led most observers to predict. Bank clearings for June and the six months show fractional gains over last year; there were fewer failures in June than in any month for two years past, and the six months aggregate Is below that of 1912, although a few large failures have swelled liabilities above last year. The really new features of the week are mainly favorable, chief of these being the breaking of an extremely hot wave, which destroyed life and Imperiled crops; the resumption of pig iron buying on a scale not seen for months past, albeit at the expense of prices; the largest sales of raw wool reported for a long time past, like wise at low quotations: the advent of much needed moisture lin the corn and Spring wheat areas; the assurance of a record Winter wheat crop, and the planting of a record area in cotton. . Wheat, including flour, exports from the United States and Canada for the week ending July 2 aggregate 3,501,823 bushels, against 4.201.8S9 bushels last week and 2.993.538 bushels this week last year. For the 53 weeks ending July 2 all exports are 246.112,518 bushels, against 175.3S9.587 bush els in the corresponding period last year. Corn exports for the week are 169 434 bushels, against 82.351 bushels last week and 82,272 bushels In 1912. For the 53 weeks ending July 2 corn exports are 39 -366.554 bushels, against 33,484.511 bushels last year. Business failures In Canada for the five days ending Wednesday number 16, against 22 last year. WALLSTR EETH A RKS Tl M E STOCK DEAIilXGS ARE SMALLEST t ' OF YEAR. Balkan Outbreak Is Only Develop ment of Importance During Day. London Is Seller. NEW YOKK, July 3. Affairs virtually were at a standstill today In the stock market. The principal theme was the out break of serious hostilities among the Bal kan nations and the consequent, depression of European 'changes. Fear was expressed today that the renewal of war wnuM the return to the usual channels of Europe's hoarded millions of gold. There was a downward movement in sympathy with, the foreign exchanges. London sold some Union and Canadian Pacific. At home there were no developments on which to base speculative movements, and me new crises in tne Balkans was utilized as a bear argument. Trading. hinip was entirely perfunctory. The volume of uuaiueaa xeii to tne lowest or tne year. United States 2 per cent bonds declined again today, the bid price falling y, more to 99. No large transactions in Government bonds were reported, but it was evident that the refunding provisions of the new tmrency 0111 naa caused some banks to re adjust their holdings. Bonds were irregular. Total sales, par ' ' ' ... t. " oonas ae- clined from to 1 point on call for the CLOSING STOCK QUOTATIONS. Reported by J. C. Wilson & Co.. Lewis building. Portland. " 8 Closing High. Low. 64 64 y, '2S?i '28H 8SH SS 624 '62" 107 V4 107 hi Am Beet Sugar Am Can Co . 6.10U do preferred.. 400 Am Car & Fdy Am Cotton Oil Am bmel & Ref 1,500 do preferred Am Sugar 100 do preferred. . ...... Am Tel & Tel Am Tobacco Anaconda 600 Atl Coast Line 21, 281, t 41 33 62 94 Ill 127(4 218 32 32H 32 114 AT Santa Fo COO OG'.i 96 96 do Dreferred oa:t Ac unio lirook it Tran. Canadian Pac . C & O C He G W 100 874 87i 87 7.30O 215? 214S 21474 1.10O 54 54 53 i 53(1 1.2O0 14 C & N W 12 134 C. M & St Paul.. 1,200 103H 102 103 12S 2W Central of N J Chlno 1,900 34 Col Fuel & Iron 275 33 27 V4 83 Col Southern Consol Has .."""166 tiaki 120 129 D L & W 3s; D & R G 15 i 1. Distilling Securi Erie 3.50O 25 24 24 General Electric 200 137 137 V4 137 H'J 12. Gt North pf 00 123 123 123 Illinois Central.. 400 115 Interboro Met fioo l.t 112 vi 112 do preferred.. 600 " 55 65 55iJ Inter Harvester 103 14 14 x. Duumern.. . 5UV 264 26 yftli Louis & Nash 130 112 Mexican Central.... M. S P & S S M. 600 123 Vi 122 l''3 Mo Pacific SO 45 114 National Lead. Nat Biscuit . . . do preferred. N Y Central . . 500 115 113 30O "97 "97 97 N Y, Ont & Wes Norfolk & West . . 105 North American , Northern Pao .. 1.O0O 107 74 107 107 00 Paclflo Mall 18 Pac T & T pf . . 70 Pennsylvania ... 1.700 111 1114 111 People's Gas Ill Reading 14.S0O.15S 157 157 rtocic island ... o IB". lo-i 1.1 Southern Pao ... 1,100 93 93 Southern Ry .. 70O 21 20 20 Texas Oil 200 105 305 105 Union Pacific .. 11,400 148 1404 146 do preferred.. 200 82 81 81 United Rds 8 F. 19 U S Steel 13,300 63 52 52 do preferred.. 800 104 103 103 Utah Copper ... 2.000 41 41 41 Wabash Ml) 24 2 Western Union.. 2O0 61 61 61 westing iUeo .. 30O 69 Dl o Total sales for the day. 112.200 shares. BONDS. Reported by Overbeck & Cooke Co., Board of Trade building, Portland. Bid. Asked. Atchison general 4s .' 94 94 Atlantic Coast Line 1st 4s 87 88 Baltimore & Ohio sold 4s 92 92 B R T 4 87 87 Chesapeake & Ohio 4s 93 94 C M & St P cen 4s 9 9 C R I col '4S 54 55 Cal Gas 5s 91 92 C B Q joint 4s 93 94 Erie general 4s 70 72 Int Met 4s 74 75 Louisville & Nashville unl 4s... 92 3 Missouri Pacific 4s .... 65 NYC ;en 3s 80 83 N & W first con 4s 92 Northern Pacific 4s 92 93 Oregon Short Line ref 4s SS 8SH Oreeon Ry Nav 4s 91 93 Pacific Tel -5s 9.1 96 Penna con 4s 99 loo Reading general 4s 94 94 St L & San Fran ref 4s 68 70 Southern Pacific ref 4s 88 54 80 Southern Pacific col 4s 88 89 Southern Railway 5s 101 102 Southern Railway 4s 73 . 73 United Railwav inv 4s 62 .... Union Pacific first and ref 4s.. 91 92 United States Steel 5s 99 99 West Shore 4s 93 94 Wabash 4s .- 50 r0 Westli.ghouse Elec conv 5s 83 69 Wisconsin Central 4s 85 90 United States 2s registered 99 100 United States 2s coupon 99 .... United States 3s registered 103 103 United States 3s coupon 108 103 United States 4s registered 113 114 United States 4s coupon 113 V4 114 Stocks at Boston. BOSTON, July 3. Closing quotations: Alloue 31 Mohawk 43 14 814 24 1 44 76 58 7 ?4 2 23 3 46 0 41 1 43 Amalg Copper.. 64 A Z L & Sm. . . 17 Nevada Con .... Nipisslng. Mines. Xo Butte ex-dlv. North Lake Old Dom ex-div Arizona Com . . B & C C & S M. Cal & Arizona. . 2 95 A 59 Cal & Hecla. . . .415 Centennial 30 lOsceola ........ IQulncy Cop Ran Con Co S9 E Butte Cop M. 10 Franklin 5 Giroux Con .... 50 Granby Con ... 55 Greene Cananea. 0 I Royalle (Cop) 19 Kerr Lake 3 Lake Copper.... 8 La Salle Copper 3. Miami Copper. . . 21 snannon Superior Sup A Bos Min. . Tamarack U S e R & M do preferred. . . Utah Con Utah Copper Co. Winona Wolverine Money, Exchange, Etc. NRW YORK, July 3. Money on .call steaay, 1 3 tip z per cent; ruling rate, . ; closing bid. 1: ofTered at 2. Time loans easier; 60 days. 23 per cent; 90 days, 3; six months, 55 per cent. Close: Prime mercantile paper. 6 per cent; sterling exchange strong with actual business in bankers bills at $4.8310 for 60 day bills, and at M.87 for demand. Commercial bills. $4.82. Bar silver, 58 c. Mexican dollars. 48c. Government bonds weak; railroad bonds irregular. LONDON. July 3. Bar silver, 26 d per ounce. Money, 23 per cent: the rate of discount in tne open market for short bills Is 4 per cent; for three months bills, 4 4 5-16, per cent SAN FRANCISC, July 3. Silver bars, 59 hie Mexican dollars, nominal. g Drafts, sight 2c. telegraph Sc. Sterling in London, 60 days, S4.83V; do. sight, $4.S7. STEADY RANGE AT YARDS SMALXt RCX FOR DAY AXD TRADE LIGHT. Best Hogs Still Selling at Nine Cents. Butcher Stock Makes Up Cattle Transactions. Steady prices prevailed at the stockyards yesterday with only a moderate amount of businss put through. The day's run was a light one. Today will be observed as a holi day at the yards. In the cattle division the trading was practically all in butcher slock. A load of good cows was taken at $7.25 and others sold at 85.85 to $6.75. Calves, bulls and stags went at former prices. Four ldads of hogs were moved during the day. light weights bringing $8.50 to Jit and heavy hogs selling at $7.80 to $8. Receipts were 165 cattle, 2 calves, 375 hogs and 280 sheep. Shippers were J. W. Chandler, Enterprise and Wallowa, 4 cars of cattle and hogs; D. T. Weir, Condon. 1 car of cattle and calves; J. Mace, Kent, 1 car of sheep; F. Bensinger, Roseville. Cal.. 2 cars of cattle; D. D. Head, Washtucna, Wash., 1 car of hogs; Otto Lub be, Toppenish, Wash., 1 car of cattle and W. Ludwig, Toppenish, 1 car of cattle. The day's sales were as follows: Weight. Price. 6 cows 4 $0.40 17 cows 1086 6.40 1 stag 1020 6.73 1 bull 1160 4.75 3 calves 113 5.2,1 23 cows 020 7.25 1 steer 900 7.23 5 cows 1052 7.25 1 cow 106O 6.85 1 cow HOO 6.00 S cows 1023 6.75 1 stag 1140 4.50 105 hogs 170 0.00 2 hogs 450 8.00 103 hogs 169 9.00 4 hogs 322 7.80 82 hogs ISO 8. SO 2 hogs 3.35 7.85 76 hogs 223 8.85 The range of prices at the yards was as follows: Choice steers f8.008.25 Good steers 7. 257. 75 Medium steers 7.00lf7.25 Choice cows 0.50 7.25 Good cows 6.25 C( (i.5o Medium cows 6. 00 'a' 6. 23 Choice calves 8.009.00 Good heavy calves 6.50O7.50 Bulls 4.00(6 00 Hogs Light S.50O9 01 Heavy 7.50i.C4 Sheep Wethers 4.004.73 Ewes 3.00ff)4.50 Lambs . . . 5.000.75 Omaha Livestock Market. SOUTH OMAHA, July 3. Cattle Receipts 3507; market, steady. Native steers, $7 8.60; native cows and heifers. $5.23i.S0; Western steers, $6(3 7.30; Texas steers. $3.50 5.75; range cows and heifers. $4.OO7.0O; calves. $7 9.50. Hogs Receipts. 1600: market, higher. Heavy, S8.53 t S.07 ; mixed, $S.65S.75; light, $8.07 'a S.75; pigs, $u8; bulk of sales. $8. 05 (jp 8.75. Chicago Livestock Market. CHICAGO. July 3. Cattle Receipts, 1000; market, slow. Beeves, $7.10-gS.S0; Texas steers. $6.90S.lO; Western steers, $7,104 S.20; stockers and feeders, $5.75i8S; cows and heifers, $2.90-g S.25 ; calves, $6.50 9.50. Hogs Receipts, 15,000; market, strong: 10 cents above yesterday's average. Bulk of sales. $8.83(39; light. S.759.05; mixed. $8,659; heavy, $8.439; rough, $3.45 S.65; pigs. $7 4' 8.75. Sheep Receipts, 13.000; market, steady. Native. $4.504j5.3O: Western, $4.755.30; yearlings, $5.40(56.60; lambs, native. $3,500 7.8l; Western. $5.757.80. Condition of the Treasury. WASHINGTON. July 3. The condition of the United States Treasury at the beginning of business today was: Balance In treasury and banks.. $115. 441, 128 In Philippine treasury and un available 25,206,628 Net balance In general fund.... 140,647,754 Receipts yesterday 2,559,419 Pay warrants drawn".. 2,785,734 The deficit this fiscal year Is $2,302,487, as against a deficit of $15,962 last year. The figures for receipts, disbursements and deficit exclude Panama Canal and pub lic debt transactions. Grains In San Francisco. SAN FRANCISCO, July 3. Spot quota tions: Walla Walla, $I.57l-60; red Rus sian, $1.5701.60; Turkey red. $1.70W 1.72 ; bluestem. $1.70 g 1.72 ; feed barley, $1.82 ft1.35; brewing, $1.35; white oats, $1.5503) 157; bran. $26 26.50; middlings, $3iui 32; shorts, $28(5 1 28.50. Call board Barley easy; December, $1.38; May not quoted; July, $1.33 bid. $1.36 asked. Paget Sound Wheat Market. TACOMA. July 2. Wheat Bluestem, 93c; fortyfold, 91c; club, 90c; red Fife. 89c Car receipts, wheat 15, oats 5, hay 1. SEATTLE, July 3. Wheat Bluestem, 91c; club, 90c; Fife. 90c; fortyfold. 90c; red Russian, 89c Yesterday's car receipts, wheat 44. oats 3, hay 12. flour 4. GAINS ARE NOT HELD Export Wheat Business Less Than First Reported. SELLING HEAVY AT CHICAGO Weather in Xorthwest Is Showery and Cool and Danger to Spring Crop Fasses Fair Ad vance in Corn. CHICAGO. July S. Persistent rumors that a large amount of export business had been done gave the bulls control of the wheat market today, but the result ing gain largely disappeared when diligent Inquiry failed to show that the stories had much basts in fact. Latest prices were rela tively weak, but to 'c over last night. Corn finished c off to c up. oats a shade lower to lc advance, and pro visions ranged from 10c decline to a gain of 12c Heavy selling on the advance In the wheat pit shook buyers, especially during the last half hour. It was brought out that the weather nearly everywhere In the Northwest had been showery and cool and that there was no new distress In sight for the Spring crop. Corn scored a fair advance, because of predictions of a lighter movement from the Interior, and because of chinch bug damage in Kansas and Illinois. Fine weather. though, and a disposition to curtail risks over the holidays acted later as an offset. Oats followed the general course of other grain, but kept inside narrow limits' with trade light. Holders of provisions took advantage of higher hog prices and realized profits in a vigorous manner. Eventually most of the active options were under last night's level. The leading futures ranged as follows: WHEAT. Open. High. Low. Close. July $ .89 $ .90 $ .89 $ .90 Sept 90 .90 .90 .90 Dec 93 .94 .93 .93 CORN. July ...... .C1H .61 .61 H .l Sept 62 .63 .62 .62 Dec 59 .60 .59 .68 OATS. July 41 .41 .41 .41 Sopt 43 .43 .42 .42 Dec ., 44 .44 .44 U .44 MESS PORK. July ....r.21.15 21.15 21.00 21.05 Sept 21.05 21.03 20.87 20.90 LARD. July 11.60 11.60 11.45 11.45 Sept 11.70 11.70 11.60 11.60 Oct 11.72 11.75 11.65 11.67 SHORT RIBS. July 11.95 11.95 11.85 Sept ......11.97 12.00 11.82 11.95 Oct 11.80 J.1.S0 11.70 11.72 Cash prices were: Corn No. 2, 6263c: No. 2 white, 62e; No. 2 yellow. 62(63c: No. 8. 62-4 0C2c; No. 3 white. 6262c; No. 3 yellow. 6262c; No. 4, 5961c; No. 4 white, 6162c: No. 4 yellow, 59(S61c Kye, no. 2, Ul(if62C Barley, 0264c Timothy, $3.75S4.74. Clover, nominal. . European Grain Markets. LONDON. July 8. Cargoes on passage, quiet, more pressure to sell. English country markets, easy; French country markets, quiet. LIVERPOOL, July 3. Wheat, spot steady futures Arm; July, 7s 0d; October. 7s 3d December. 7s 4d. Minneapolis Grain Market. MINNEAPOLIS, July 3. Close: Wheat. July, 90c; September, 92c; December, 95 95c. Cash. No. 1 hard, 94c; No. 1 Northern, 9293c: No. 2 Northern. 9091c: No. 2 hard Montana, 8990c; No. 3 wheat, 8R (W89V.C. EES3KJ Your Personal Checking Account with this bank car ries with it the pres tige of conservative, modern banking. You will find this a bank of strength and character. Your Account Is Invited lumbermens National Bank Resources 7 Millions - Fifth and Stark NOISELESS PAVEMENT is a decided advantage which home owners re ceive when living on a street paved with BITULITHIC J.C. WILSON & CO. STOCKS, BONDS. GRAIN AND COTTON. MEMBERS NEW YOKK STOCK EXCHANGE. NEW YORK COTTON EXCHANGE. CHICAGO BOAR!) OF TRADE. THE STOCK ANI BOM) EXCHANGE. HAN I KAN CISCO. P0RTLA1TD OFFICE: Lewis Building;, 269 Oak Street. Phones Marshall 4120. A 4187. BEFORE sending money abroad find out how easily and eco nomically we can transmit it for you through our FOREIGN EXCHANGE DEPARTMENT A BANK FOR The Security Savings and Trust Company FIFTH AND MORRISON STREETS Capital and Surplus, $1,400,000 First National Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank West of tha Rocky Mountains CORNER FIRST AND WASHINGTON STS. LADD & TIL.TON BANK Established 1859. Capital Stock $1,000,000.00 Surplus and Undivided Profits 1,000,000.00 Commercial and Savings Accounts Letters of credit, drafts and travelers' checks issued, availablt in all parts of tho -world. OKFICEHJ. .H.Dunckl.ir.C.hl.r. Walt.r At A.Vt Cuhlw. The Canadian Bank of Commerce HEAD OFFICE Toronto, Canada. . Established 1867. A general banking business transacted. Interest paid on time deposits. Letters of Credit and Travelera Checks Issued. PORTLAND BRANCH, Corner Second and Stark Sts. F. C. MALPAS, Manager. TRAVELERS' GCIDB. STEAMSHIP SAILS DIRECT FOR San Francisco, Los Angeles and San Diego SATURDAY 2 P.M. JULY 5 SAN FRANCISCO, PORTLAND AND LOS AXGKLKS STEAMSHIP CO. 134 Third Street (With Denver UIo Grande It. II.) A 4506, Main 26. San Francisco, Los Angeles and San Diego Direct S. S. Roanoke and S. S. Elder. Sail Every Wednesday Alternately at I'. SL NORTH PACIFIC S. S. CO. 122A Third St. Phones Main 13K. A 1314. EXPRESS STEAMERS FOR San Francisco and Los Angeles WITHOl'T CHANGE. S. 8. BEAR sails 9 A. M.. July 6. 6. W. KOtiE CITY. July 11. THE SAN FRANCISCO PORTLAND S, S. CO.. Ticket Office 3d and Wahhlng. ton. With O.-W. R. N. Co. Pbone Marshall 4900. A 6121. SYDNEY SHORT IIHI -8n FnncUco to Australia, 1 9 day tis Honolulu sad fiamns. tne stttsctm and pleasant route, winter or rummer. Splendid 10.000 ton (teamen (classed by British Uoyds 100 Al). 1110 HONOLULU first-claea round trip SYDNEY $300 $325 GRAND TOUR SOUTH SEAS $325 Honolulu. Samoa, Australia. New Zealand, Tahiti, etc $600 1st class Round ths World 2nd class $380 Visiting 5 continentssnd world's (treat cities (stop-oreri) Honolulu Sailings June 17 July 1, 15, 29, etc. Sydnty erery 28 days. July 1, 29. Aug. 28 etc Send for folder. Oeainio S. S. Co.. 7J Markst Su San Fran duo NEW YORK -PORTLAND RBOTJLAR FREIGHT SERVICE. X.ow Ratea Scbaduls Tims. AMERICAN-HAWAIIAN S. S. CO. Zla Railway xcbaacs Bids'.. rarUsn-d. Or. Mais SSTS. A 861. UNITED STATES NATIONAL BANK THIRD AND OAK STS. Surplus and Capital $2,000,000 ALL PEOPLE Established 1890 TRAVELERS' OriDE. HAMBURG AMERICAN Largest SS.Ca Over 400 Ship in the WORLD TONS. IMPERATOR' world's largest ship will SAIL FROM. NEW YORK Saturday July 19, 10 A. M. Saturday Aug. . 11 A. M. (Saturday Aug. 30, 9 A. M. and every three weeks thereafter. Enabling p&asaugers to arrlvs Is LONDON and PARIS on sixth and In HAMBURG on seventh day. Books now open for season. LONDON, PARIS, HAMBURG. STretoria July 12, 1 P.M. fres. (.rant July ltj. u A.M. 'Iniprrator .July 19, 10 AM. Amerika July 23, 9 A.M. Pres. I.lnotiln .lulv 0.1 T nnnn Krennrtylvania. . July ai' 3 P. M. to Kaineriu Aug. Vic. Aug. 2. 9 A.M. f umperuior Aug. 9. II A.Al. tRPatrieia Aug. 9, 12 noon ft.Vuierika Aug. 21. 11 A. M. t2d cabin only. 'Will call at Boulogne. UNew. tHamburg direct. 8. Pennsylvania and S. 8. Pretoria sail from nt-vr pier, foot of 33d St.. South Brooklyn. All other nailine-s in this service from our Hoboken piers. MEOITKRRANEAN Gibraltar, Naples and (Jenoa CTAll steamers of this serrtco leave from NKVV PIKK. 83d at H. Brooklyn. Take sath-st ferry b. S. Moitke (12.3U0 Tons). July 15, 3 P.M. 8. S. Hamburc (11.000 Tons).... Aug. 9. 10 A.M. 5. S. Moitke Aug. 28. 11 AH. 6. 8. Hamburg. .Sept. 17. 10 A.M. Cruises around the World thronsh the Panama Canal, January 27, 1915. Hook now open. t3T Our Tourist Iept. arrances tours by rail or steamer to all parts of the world. Write for information HAMBURU-AMEHICAN UNI 160 Powell su. tan Francisco, Cacs Southern Pacific Co., 80 6th at. v.-m. i. . it -o., nor pa. eltic D. 4 R. Q. R. R.. Burl- tnston rtoute. Milwaukee A -wc x,.. n... ureal Northern Railway Co Tl....... n I" . . 1 - I fith at., Portland. Ore son LOS ANGELES AND SAH DIEGO STEAMSHIPS VALE AND HARVARD Railroad or any steamer to San Francisco, the Kxpo City. Largest, fastest and tha ONLY strictly first-class passenger ships on the Coast. Average speed 2S miles per hour; cost S2.OOO.0O0 each. SAN FRANCISCO, PORTLAND L. A. 8. S. CO., Main S6. Frank Bollam. Agent. A. 4398. 124 Third .Street. COOS BAY LINE STEAMSHIP "BREAKWATER" sails from Albers Dock, No. 3. Portland at S A. M. June 4, 9. 14. 19, 24. 29, July '4. It, 14, 19, 24 29. thereafter every five days, A. M. Freight received daily until 5 P M. except day previous to sailing, previous day 4 PM. Passenger fares: First-class. L0; second-class, ST. including berth and meas. Ticket office at Albers Dock No S. POKTI.ANO A COOS BAY 8. S. LINE. l H. KEAIUi'O, Agent. Phone Main 6803, A 6141. Drain-Coos Bay Auto Line Now Dally to Marshfield. Wire reservations to O. Mattoon. Drain, Oregon.