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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (June 28, 1900)
THE MORNING OEEGONIAN, THURSDAY, JUNE 2S; 1900. II COMMERCIAL AND Trado In all lines of merchandise "which -axe In demand for the Fourth of July business Is booming this -week, and 1 'there Is anything like a stringent money market in the Interior, It Is not reflected 3n business that has been pouring In by onall and wire. The strength of the -wheat rxnarket Is still sufficiently pronounced to act as a very "healthy factor In trade, and while sales this week have been smaller than-last week, the farmers show more of a disposition td sell than they have displayed on some of the previous bulges. The fruit season Is at hand, and cherries and berries will soon be followed . by peaches, apples, etc, from Oregon or chards, a few early Oregon peaches be ing received this week. California has an. enormous fruit crop this year, and is shipping It north In such quantities that there .has been frequent breaks In the market, and within the past day or two considerable stock has spoiled before It .could be sold. Kaln spoiled the 'cherry crop but It prolonged the strawberry season beyond its usual length. There aro plenty of new'Oregon pota toes, but as the California stock Is more 'iully matured it is selling better than the Oregpn spuds. There is orilya mod ' crate demand for old potatoes, and quota tions are nominal. The warm weather and plenitude of fruit does not appear to check the demand for veal, pork, eggs, etc., for prices are quite Arm, with no accumulation of stocks. In the grocery ' xharkets there was. a 10-cent advance on "sugar Ton Monday, and prices are quite firm. Fltfur has been following the wheat market, and several advances have been scored within 'the week, the price on standard Valley grades now resting at j. $3 10. .Hops are neglected, and there 1b nothing doing in wool. Portland will round out the season with June shipments or Over 1,000,000 bushels of wheat (flour Included). The end of the year will find more wheat at tidewater fthan has been there for many years. The bulge last -week enabled niany farmers r south of Snake River to secure the 50 cents net at-the nearest station, and they took advantage of It to unload quite free- ly around the top of the market. As all of th tonnage In port had been taken . caro of previous to this selling movement, this- wheat will figure in the port stocks at the close of the cereal year. The mar-' kets yesterday were somewhat inclined to steadiness, and Chicago, which lost 6 cents on the first two days of the week, picked up nearly 2 cents during the course of the day's trading. Liverpool did not follow Chicago's weakness of Tuesday to the extent that was expected, and the local market was waiting to see wny It failed to do so. It is a difficult matter to quote accurate prices on a market as excitable as that which has prevailed for the past fort night, and yesterday sales of No. 1 Walla "Walla were made over a range "of 5S to CO cents. The latter figure was quoted as -an extreme value, and some of the ex porters stated that it was impossible to come out even with ships at 43s 9d, the rate at which late fixtures were made, to say nothing of the 45s that was paid r yesterday. For "Valley, the quotations are about the same as for Walla Walla, but there is Jess demand, while Bluestem is nominal at C2 cents. The carry-over stock will be much less than has been gener ally expected, and from best advices ob tainable at the present time will not be much, if any, in excess of 4,000,000 bush els. The coming crop, with a continuation of favorablo weather, will be in the neigh borhood t)f 40,000,000 bushels, and the qual ity east of the mountains promises to be much above the average. There are. but few transactions in freights, rates hav ing now reached a point where exporters are disinclined to load up with tonnage, although the amount In sight is small in comparison with the size of the crop to bo moved. If wheat prices are main tained, freights must be, and with so lit tle tonnage offering, even at present high rates, relief does not seem near at hand. A ship near at hand was chartered yes Xerday at 45 shillings, and the same rato 'refused for another. San Francisco Is In the market for ballast tonnage from ports where in former years Portland was the only bidder for Pacific Coast business, - and the rates offered by the Bay City ex porters aro fully as attractive as those bid by the Portland exporters. Crop conditions In the Northwest con tinue excellent, and in the big wheat belt of the middle West and Northwest, they are about as bad as they have ever been. With so much bullishness In the situa tion. It is somewhat surprising to find such bearish sentiments as are expressed In Mclntyre & Wardwell's grain letter no longer ago than last Friday. Their let ter says: Despite the improvement abroad, our prices are still above a working basis, and sales for export are shut out. The wheat moving out is on old sales. There was considerable realizing today, which met the demand, and restrained what might have carried the market to a higher level. There were the usual contradictory re ports. Our own dispatches from Moore head, In the heart of the best producing section and tnout affected area, expressed a probable half crop. Rains there have arrested damage for a time. Barometer low and temperature high in Bed River Valley. The Cincinnati Price Current was bearish beyond belief in expressing esti mate for S50.000.000 Winter and 230,000.003 Spring wheat. A crop of this size with our reserves does not warrant the rise we have had. We still regard 500,000,000 fairly Indicated. With the conditions in other countries we have as much wheat ,to sell as we will be called upon to fur nish. The price has more than asserted the crop shortage, after admitting it was too low at Its starting point of two weeks ago. Wc are not advising purchases at this time. Our expectation is that some reaction is due, and we might run down quickly a few cents under a selling pres sure from those who have bought wheat. It was bought to sell, and profit-taking is likely to give us a break at any moment. The movement in the West Is still con tradictory of the crop news, with receipts 622,000 and shipments 140.000. FRUIT Good Royal Anno cherries free from cracks are In demand at 6 and 7 cents per pound, this kind of stock being very scarce. Blngs will bring about the same price. Stock which Has been damaged by the rain Is In poorer demand, and rells down as low as 3 and 4 cents per pound. There has been an overstock of peaches this week, and some were offering yester day as low as 60 cents per box, with SO cents tho top figure for anything. Fine Astrachan apples ere offering at 11 23 per box. Apricots andplums. like peaches, are in over supply, and sell at most any price .that is -obtainable. Berries are selling well at unchanged prices. Bananas have been coming pretty freely for Summer time, and tho last car arrived so ripe thatj most of "it was turned over to the hawkers. An other car Is due today, and the Fourth of July demand will be well supplied. BUTTER Supppjy and demand are hold ing oven so far aa the butter market Is FINANCIAL-NEWS concerned, and prices aro steady at 40 cents for best creamery. There is an op portunity to work off quite a surplus on the Sound cities at present rates, and deal ers hesitate about advancing prices for fear of being shut out of that market by Eastern butter. Considerable store butter Us still going south on each steamer, and the price Is firm at 25 cents, with a cent .more paid for choice. EGGS The ess market seems to like tho 15-cent figure, for It lingers at that point longer than it has anywhere else this, season. An attempt was made a few days ago to get 154 cents, but it failed, and they are fairly steady at 15 cents, for" the best candled stock. Portland dealers are compelled to candle very closely, and anything like a spotted egg will not com mand full prices, and generally will not pay to ship. POULTRY The demand for 8prfng chickens has been quite heavy this week on account of the approaching holiday, and prices have been fairly good all the week in spite of heavy receipts. Be3t springs sell readily at $3 and $4 per dozen, and old bens H 50 to J5, with a half dol lar more obtainable occasionally for some thing extra. Ordinary springs, S2 50 to $3 per dozen. Ducks and geese are Etlll neglected, with prices nominally un changed. There is some call for turkeys, and well-dressed birds in good condition would bring 16 and 17 cents per pound In a small way. WOOL. The wool market Is "still drift ing, with very few transactions of large size. Buyers are indifferent about doing business, unless they can secure the stock at rates which growers aro not yet prepared to accept. The Eastern markets remain inactive, and there Is nothing very encouraging in the situation in Europe. Valley wool has been moving better pro portionately than Eastern Oregon. Prices are Weak but not quotably lower, being largely nominal. The New Tork Journal of Commerce discusses the situation as follows: While there appears to be more Inquiry in the local wool market, these inquiries have not developed Into actual transac tions. A good many sample bags have been sent out and there have been decla rations to the effect that If the wool proves satisfactory purchases will be made. A glance at the manufacturing situation would not seem to indicate that there could be any large buying for the immediate future. Manufacturers are making, in many Instances, their light weight samples, and until they obtain some intimation as to what is going to sell they are -in no position to buy large lines of wooL The only exception to this is the manufacturer who makes staple lines of goods and who knows from sea son to season what his product will be, as far as quality goes. There seems to be a wide range of opin ion as to the value of wools. Some trans actions are reported that would Indicate it is not so much a matter of price as it is the desirability of the wool for their particular purpose. On the other hand, there are transactions which show the buyer has been a very active bear on the situation. There are those who evidently believe that prices have touched bottom, and there are a good many who are sim ply waiting to be assured of this fact. Should this belief become general and the market stiffen at all In consequence. It is the belief of the most conservative members of the trade that prices would ascend very rapidly under heavy buying. It may be that more than one manufac turer may wait' Just tbo long before avail ing Mmself of the jopportunity which present pricesoffer. - Bask Clearing Exchanges. Balances Portland $210,453 .Tacpma ,.. HC.527 Spokane 1R7.718 Seattle -srV 39.212 43.050 41.400 30.144 151,958 PORTLAND MARKETS. Grain. Flour, Etc. "Wheat Walla Walla, 5800c; Valley, CS 00c; bluestem, 612c per bushel. Flour Best grades, $3 103 85; graham, $2 85 per barrel. Oats "White, 3435e; gray, 3233e per bushel. Barley Fe?4. $1415; brewing. $10 per ton. Mlllstufts Bran, $12 50 per ton; middlings, $10; shortst $13; chop. $14. Hay Timothy. $10011; clover, $787 50; Ore gon wild hay, $07 per ton. Batter. JCetks, Toaltry, Etc. Butter Taney creamery. 30840c; store. 25 per roll. Eggs 15c per dozen. Poultry Chickens, mixed. $3ff4 per dosen: hens, $4 50(?5: Springs. $2 60S4; ducks, $3 04: geese, $4 6 per doten. Cheese Full cream, twlria, Vf&Zz Young America, 14c per pound. VeRetaules, Fralt, Etc. Vegetables Parsnips, $1: carrots. 75c9$l; turnips, 75c per sock; onions, $1 25 for red, $1 50 for sllrersktns; cabbage. $1 50 per cental;, potatoes, 40JT50C per sack for old, ?5c3f$l for new; peas, $34c; beans, 8Q0c; asparagus, 4jT5c Fruit Lemons. $3 754: oranges. 14S4 25 pr box for late Valenclas; pineapples, $i 5OJ7-0 per dozen; bananas, $2 303 per bunch; Per sian dates. 74J?Se: strawberries. 5Cc per lound: peaches. 5090c per box: cherries, 27c per pound; apricots, WSS5c: apples, $101 23 per box: raspberries, 5oc per pound. Dried fruit Apples, evaporated. 78c per pound; sun-dried, tacks or boxes. -i&5c; pears, sun and evaportted. 5S"0c: plums, pltleas. 4(J 5c: prunes. Italian. 3J45iJc; silver, extra choice, 6 Cc: flgs. Smyrna. 22Hc; California black. 50c; do white, 10c per pound. Groceries, Nuts, Etc. Coffee Mocha. 23525c: Java, fancy, 20ff32c; Jaa. good. 20314c; Jaa. ordinary, 1820o; Costa Rica, fancy. lS20c; do good. lGSLSc; do ordinary. 10312c per pound; Columbia, roast, $12 03; Arbuckle's, $13 13; Lion. $12 03 'per case. Sugar Cube. $8: crushed. $C; powdered. $0; dry granulated. $5 50; extra C, $5; golden C, $4 Oft net; half barrels, ic more than barrels; maple sugar. 15TlGc per pound. Beans Small white, 34c; bayou. 4c: Lima. 6c per pound. Salmon Columbia River. 1-pound tails. $1 25 ?1 05; 2-pound tails. $22 50: fancy. 1-pound flats. $1 65gl 75: &-pound fancy nats, S5C5o: WATCH! ''""" .m. at. Z if I II Z CHICAGO WHEAT MARKET IPS BOOMING CROP CONDITIONS WORST EVER KNOWN -5E&- CULLISON&CO. Second Floor Chamber of Commerce Beth 'Feaes Alaska. l-peeal-talU, $1 301 30;.a-peBA talla, $1 0092 C. Grain fe&cs Calcutta. $6 37 Fr 100 for spot. Nuts Peanut. 87c per pouad for raw. lee for roaated; escoanuts. 80c- per iSozcn; walnut. 10 ? lie per pound; pine nuts, 13c; hickory cuts. 7c; chestnuts, 15c: Brazil, lie; alberta. 15c; fancy pecans. 1514c; almond, I&ei7ttc per pound. Coal oil Cans. 21c per salient barrels, 17c; tanks. 15Hc Bice Island. 8e; Japan. 5c; New Orleans, H33c: fancy head. 7fT SO psr aack. Hops, "Wool, Hides, Etc. Hops StrSe pT pohnd. Wool Valley, 13913c for coarse, 1C016C for best; Eastern Oregon. 1015c; mohair, 23o per pound. Sheepskins Shearllnga. 15eoc; anort-wooi, s SSSo; medium-wool. 3OS0c; long-wooL GOctffl each. Pelt Bear skins, each, as to sire, $3$15; cubs, each. ?1C; badger, each. SOo; wildcat, 2375o; housecat, &fT25c; fox, common gray. 0cfcf 1: do red, $1 7&J3 BO; do cross. $2 B0: lynx, $24 60J mink, 40c9fl 75; marten, dark Northern. f510; do pale. pine. 525; musk rat. S02c; efcunfc, OOffSOc; otter (land), $4 -8; panther, with head and claws perfect. $lg3; raccoon. 23S0c: wolf, mountain, with bead perfect. 3 50 8; wolverine, f2 500; beaver, per skin, large, $097; do medium, per skin, flfC; do email, per skin $16: do kits, per skin. $163. Tallow S6&:: No. 2 and rreeie, 3lo per pound. Hides Dry hides. No. 1, 16 pounds and up-, ward, 14315c; dry kip. No. 1, 0 to 10 pounds, 15c per pound; dry calf. No. 1, under 5 pounds, 15010c; dry salted, one-third less than dry flint; salted hides, sound steers. 00 pounds and over, 78c; do 50 to 00 pounds, TUfil do un der .50 pounds and cows. 7c; kip, 13 to 30 pounds, T&QSc; do veal, 10 to 14 pounds. 7Hc; do calf, under 10 pounds 7&c; green (unsalted), lc per pound lees; culls (bulls, stags, moth eaten, badly cut. scored hair slipped, weather beaten -or grubby), one-third leos. Meat and Provisions. Mutton. Gross, best sheep, wethers and awes, sheared, $3 DOS? 75; dressed, 7Hc per pound; Spring lambs, 5ff5tc per pound gross. Hogs Orass, choice heavy, $5; light, $4 50; dressed, 56c per pound. Veal Large, C&&7&C per pound; small, S 6c. Beef Gross, top steers. $404 50: cows, $3 00 tj4, dressed beef, OS7c per pound. Provisions Portland pack (Shield brand) Hams, smoked, are quoted at 13c per pound; picnic hams, 9VJc per pound; breakfast bacon. 13Hc; bacon. Oft:; backs, 8Hc; dry eolt sides, Sc; dried beef, 17c per pound; lard. 5-pound palls. lOo; 10 - pound palls, Aftc; K" DXe; tlercea, OHe per pound. Eastern .pac (Ham mond's): Hams, large, 12&c; medium, 13c; small. 13&c; picnic home, OHc: shoulders, 9Hci breakfast bacon, lZi; dry salt sldos, oVi OStte: bacon side, 9HS10c; backs. OHc; butts, i)c: lard, pure leaf, kettle rendered, 5s, lohc; 10s, lOftc XEW TORK STOCK MAHICET. An Early Advance Was Followed by a Decline. KEW TORK. June 27. Prices failed In today's stock market, and after an early period of advance turned generally downward until the average level had fallen to below that "of last night. There was some Irregularity In the movement as amongst the lnduptrlals and the rail roads, but the tone of th-2 market near the Jattor part of the day was undeniably heavy. The Irregularity consisted In tho better resistance to the depression offered by some stocks. This was true of the steel stocks, and of the coalers, the lat ter being affected by a good showing of earnings for May by the Erlo, and the Reading companies by the announcement of an advance In the price of coal by the Reading company and by reports that other companies would follow suit. Some of the soft-coal roads were also strong on tho good condition In trade. But the railroad list as a whole gravitated down wards quite heavily. The buying demand which was In evidence yesterday and tho day before, and from which much was hoped In rallying prices, showed' Increas ing Indifference and lassitude at the high er level attained. The coarse of the mar ket was a striking testimony of the domi nance of the crop prospects, as an in fluence on. prices. The. European bourses were higher on the reports from abroad of the rescue of the foreign legations by Admiral Seymour's force at Pekin, and the opening here was strong in sympathy But this and the growing need of money did not avail to hold prices in face of the rally In the wheat market, which was ac cepted, as a plain Intimation that the re action in that market was purely tech nical in Us causes, and that there will be no, subsidence of apprehension of exten sive damage to crops. The May statement of net earnings of tho St. Paul Company had a cumula tive effect on sentiment In connection with the crop damage "reports, and all of the grain-carrying roads fared badly. Northern Pacltlc was most affected, nnd showed an extreme decline of nearly 2 points. Great Northern, preferred, lost lj net. St. Paul's Increase In operating ex penses for May of over 27 per cent was a discouraging evidence of the Inroads made by higher prices of material upon the cost of operating railroads. Thfe growing ease of tho money market In face of the pending July flrst settlement Is an agreeable surprise to the specu lative world. Not only do call loans continue easy, but time loan rates were quotably lower today, notwithstanding the fact that the Subtreasury has ab sorbed nearly $2,000,005 from the market since last Friday, and that the dividend and interest disbursements, which must Tie arranged for at the beginning of the fiscal year approaching, are the largest In the history of the country. The total is estimated at over $100,000,000. Business in bonds was small, but prices were much bettor held relatively than Jn ??M- rotal ea,es- Par Tale. $1.0SD,000. u f,States bonds wcn unchanged in the bid quotations. tt BONDS. do 7 ""' Z? S"b- 'fc 5S...117I "o coupon 1031 ?. : v-entrai lsts.1114 Northern Pac. 3s.. C6H J0 -. 103Ti On-gon Nav. lsts.,103 , r1 " 100 do Ss. ret loou do new 4s. rog.,134 00 coupon i3j do old 4s, re8-...in do coupon us do 5s. reg 113 do coupon 113 Dlst Col. 3-C3S....123 Atchison adj. 4s.. S214 -. &Jf-'v- con. 7sl40 do S. F. deb. Os.120 " 102 wregron 8. U G3....187it do con. 5s 113IZ ?.,03n.'vv'et- l8ts MH Ft- Pari consols. ,.10314 St. P J. & p. litaimU ,.d? 3a 110H ln!on Pacific 4s...i05f Wis. Central 1st.. 00 Southern Pacific 4s 18 u. & K. O. lsts...lniT do 4s . ooyii When Issued. tOfTered. STOCKS. ,??. "M f 8toclM todaJ' "" 236.30a cnares. The closing quotations werel r&.Lf?5 e?S w ::::::::: ik Can. Ti.ifl Can. Southern"... Che. & Ohio.... CM. Gr. Western! 8M, Wheel. & U E u(7 40 do 2d pref 22 Wis. Central 1314 . C.. a & SL I,., w Third ATenue 100 24T 101. 1-. j. YSSr- .JPv ? do pref 4s Cht & EasC hi . M Chicago & X. W..1S1 EXPRESS CO.'a Adams ha lAmerlcan 150 umiea bl&tea .... 45 Welli-Fargo ......120 j.CC. &StL. 53i Colo. Southern ... 651 do 1st pref 40 l MISCELLANEOUS. Amer. Cotton OH.. 30 do pref ga"' Amer. Maltin? .... 3 do pref ig Aiuer. Smelt. & R. 33 do prer sZ Amer. Spirits, 114 do pref it' Amer. Steel Hoop. IS do pref ., 63 Amer. Steel & W.. 20 -" wt. ilUilOTI....IlU 5eL. Lack. & W..177 Lenver Rio Gr. in. TPrer f. cH "'" 11 do 1st pref 33U luZSr. ""V'11, prex.no Hock In 1- Vntl.. .. TTIiTi .i . J St. ,.lOIU "HI fl Pttt OOlt To r- tnxI "HflVAn,N'- Tin Plate... lsij ao pref 00' irpSsf A " Ajnr. Tobacco .... SO t ,? p- & G- 14 I do pref 129 Lake Erie & W... 24HAnaconda. Mln. Co. 88X4 t , p.f 3 iBroolclyn R. T 54 iAke Shore 20S4iCo!o. Fuel it Iron.. 3o Louis. & X&sh Ts.tCont TnJitrwi ... kiiT 'Manhattan El ... kt.im da trrf 7mI fMet. St. Ry n Federal Steel sen!. Mer. Central liajl do pref G2 Minn. & St. Louis 4SUGen. Electric .....127 do pref SS Glucose Sugar .... 45 Missouri Pacific .. 47',! do pref B7 Mobile & Ohio 38 lint. Paper 22 M.. K. & T t( do pref G4& do pref ....r.... 2tyLa Clede Gas 70 New Jersey OnL.122'. I National Biscuit .. 2S Neic- Tork Ceni.-127 1 do pref 73 Norfolk & West... SlUWatlonal Lead .... 10v5 do pref TSUI do pref 05 Northern Pacific .. 4W.INRtior.al Steel .... 22 do pref 70J do pref S0 Ontario & "West... 1SN. T. Air Brake...l22 O. R. & N 42 INorth American .. 14X4 do pref ;.j... 76 (Pacific Coast ...... SO Pennsylvania ....125& do 1st pref SO Reading ... ......-IS I do 1st pref 56ft Jo 3d pref...... 27 -da 3d Ttttrf. aa I Pacific Mall ,.... 3CU I People s Gas ....... 9H no ur. nesxera -. wv do pref. ....... STH Pressed Steel car. h do nref ......... 73 St- JJOViS & S. FT. 8 do istsret 66 Tnllmu Pal. Car. ITU ISt&ad. Raps 4r T... 44 do 2d pref....... 31i St. Louis & 8. W. Jiv, do pref ......... 284 Sugar ,....- 112 do nref 114 Term. Coal & Iron. 04 St. Paul ., lOOfclU. S. Leather 8tt do pre: ...lion do pref ......... Oft Et. K1I Be. 0.1.-.118 Southern Pacific .. 311. Southern By 11 U. S. K,Ubber 23 do nref 82 Western Union ... 78JJ Republic Iron & S.- 9Vs rrrt . . RAM! Texas AJPaclflc... 134 do prex ......... eu "Union Pacific ..... 49hl Ottered. Fore! sr Flaaactal Kctvs. NEW YORK, June 27. The Commercial Advertiser's London financial cablegram says: It took half an hour at the opening of the markets here to exhaust .the buoy ancy caused by tSie news Irom China. During the remainder of the seeslon deal ings were on -a small scale, with an In clination In prices toward heaviness. London began' in Americans by con tinuing to buy quietly, but stopped thesa operations on noticing the steady sales by New Tork. The bank flold 10,000 of gold in French coin, and lost 8000 for export. , , x MoBtr Exchanare, Etc. SAN FRANCISCO, June 27. Sterling on London, 00 days. $4 Sift; Sterling on Lon don, sight. $4 S4& Mexican dollars, 4SH4Sc; drafts, sight,. 10; drafts, telegraph, 12ft. Money on call, ltgli per cent; last loan, 1 per cent; prime mercantile pa per, 3Q per cent; Merlins exchange. Ir regular, with actual business In bankers bills at $4 &Hfe &U for demand, and at $4 834 83 for 60 days; posted rates, $4 85. $4 S7tt4 8S; commercial bills, $4 82 4 83; silver certificates, 61663c; Mexi can dollars, 4oHc; Government bonds, stead. Stocks In London. LONDON, June 27. Achlson, 255; Can adian Pacific 914; Union Pacific -preferred 74; Northern Pacific preferred, 4?; Grand Trunk, 6; Anocondk, 8H. THE GRAIX MATIKETS. Prices for Cereals In 12arocan and American Ports. SAN FRANCISCO, June 27. "Wheat, quiet, both on and off call. Barley, mar ket quiet. Oats, quiet. Spot quotations were: Wheat No. 1 snipping, $1 074; choice, $1 OSH: milling, $1 llKi 12. Barley Feed, CS714c; brewing, 72J4 75c. OattaGray, Oregon, $1 07&1 10; milling, II 10&1 12H; red. $11 20. Call board ealca: "Wheat Quiet; December, $117; cash. ttosy. Corn Large yellcrw, $1 151 20. Chicago Grain and" Prodace. CHICAGO June 27. Tho liquidation which set In Monday had not quite spent Itself last night, and eomo fag ends of it tumbled into the wheat pit at the begin ning of business today. This, with some declines In Liverpool cables, caused easl ness early. July opened unchanged to lUc up, at SfS2Vc, and quickly so-ld off to' 81Hc At this point tho liquidation took the form of scattered selling. The demand was excellent from the Northwest, and the seaboard, and sold-out bulls were also active In replenishing their stocks. The remainder of the session consequently was strong. Compared with recent sessions, trade was quiet, tho rally was gradual, and the best price was not reached until after noon, when July perched at 844c. The bulge" brought out profit-seeking stuff, and a dip to 83&c followed, but the market quickly recovered to S3?4c and closed Arm, July lc over yesterday, at S36sc. Liver pool, following her opening weakness, turned strong. There was a lfght rain la the Northwest, but the opinion Is general that the crop Is practically bey-ond hope. Corn did not share In the early weak ness of wheat, but readily responded to Us later strength. The feature -of possible damage to growing corn from excessive heat or some other cause -was aggravated 'by reports of extremely high' tempera tures in parts of: Kansas, Oklahoma and Missouri. July closed l,c up.-"- Provisions were strong and fairly active, helped some by the grain strength, but chiefly by a good outside demand. July pork closed ESUfi over yesterday, lard 22x4c better and ribs VP&a Improved. Trade Is gradually shifting to the September de livery, and In this option pork closed 50o higher, and lard and ribs each 33c up. The leading futures ranged as follows: WHEAT. -Opened. Highest. Itowest. Closln?. June . . July .. August $0 824 82 $0 84K $0 8114 83 CORN. lie a. m m 42H 41 43 43H June ... July ... August . OATS. July 24H 25H August ...... 25)4 20 MESS PORK. July 12 40 12 80 September ...12 6214 13 05 LARD. 24 25H 2 12 40 12 GO 12 80 , 13 024 July 600 September . . 7 05 October ...... 715 7G2& (3 00 720 703 7 22& 7 12 7 20 SHORT RIBS. July 700 720 723 September ... 715 7 30 715 720 730 Caah quotations trere as follows: , Flour Finn. Wheat No. 3, S82c: No. 2 red, 84HS83c Corn No. 2, 4243H; No. 2 yellow, 42& Oat-No. 2, 25?426c; No. 2 white, 37&1? 27Hc: No. 3 white, 2723c Ryo-No. 2, 61gH4c. Barley Good feeding, SB3dc; fair to choice malting-, 4AS45c FlaxBecd No. 1, tt SO: No, 1 N. W., tt 80. Mess pork ttl C&gl2 SO per btol. Lard 16 907 02 per cwt. Short rib-i8ides, loose. $5 95(7 23. Shoulders Dry salted, boxed. 36 7S5J7. Bhort clear Bides Boxed. 17 50S? W. . Clover Contract grade, $8. Butter Strong; creamery, 1419c; dairy, I3S16HC. Oheeae-Steady, 8?$c. Bggs Finn; fresh, He ivceipts. tsmpm 13. Flour, barrels 45,000 13.000 Wheat, bushels 104.000 21.000 230,000 207,000 31.000 3,000 Corn, bushels .783.000 .620.000 OaU. bushels ... Rye. bushels . . Barley, bushels 2.000. 20,000 Xcvr Vorlc Grain. auA Prodace. NEW YORK, June 27". Flour Receipts. 11.221 bushels exports, 3791 bushels. Mar ket quiet "Wlnte'r straights. J3 S04 20. "Wheat Receipts, 147,725 bushels; ex ports. 102,000 bushels. Spot, Arm; No. 2 red. 93Hc t. o. b. Options . opened H$c elevator. Options opened weak under foreign sell ing, but promptly rallied, and were firm to strong all day, with an active general trade. The Improvement was based on late strength In English markets, a re covery In the Northwest, the Jump In corn. less favorable crop news and spec ulative buying: closed firm, l?4c net ad vance. July closed 94c; September, 9&cr December, 90c "Wool Dull. Hops Firm. Earopcan Grata. Market. IjONDON, June 27. "Wheat Cargoes on passaget buyers indifferent; operators. 6d lower; cargoes "Walla "Walla, 31s '3d: Eng lish country markets, firm, at advance of 2s. LIVERPOOL. June 27. Wheat Dull; wheat and flour In Paris, wealc Wheat Spot, dull; No. 1 Northern Spring, 6s T&d; No. 1 California, 6s 7d?0 6s 8d. Futures, flrm; Jul 6s 5d; Sep tember, 6s 6ld; December, nominal. Corn Sriot American mixed, new. i steady, 4a d; do- old, llrm,43 4d. Fu- Downing, Hopkins & Co. Chicago Board of Trade DDAlCDQ New York Stock Exchaneje DKUIlKJ Room 4, Ground Floor Chamber of Commerce BOTH TELEPHONES THE PORTLAND MINING STOCK EXCHANGE Location: No. 126 First Street OFFICERS J&CO DIRECTORS! TYLER "WOODWARD, Prest; U. S. National Bank. President. L. B. COX. Esq.. Vice-President. J. FRANK "WATSON. Prest. Merchants National Bank, Trearurer. P. L, "WILLIS. Esq., Secretary. SENECA SMITH, QiWiPi nnvOTTT RTJFUS MALLORY. FRANCIS I. iTKENNA. SAMUEL CON NELL. w H QRINDSTAFF. .Registrar of Stocks and Bonds: Security Savings and Trust Compcny Cost of Membership $100 Chsroefor Listing Stocks., 50 Dues per Annum (payable quarterly).. 50 i P. O. BOX 723. Addreaii. C. L. PAHKEII, JIanasw. Every safeguard placed around dealings In this EXCHANGE. CAPE NOME EXCURSON S. S. NOME CITY, S. S. GEO. W. ELDER Will Sal! About June 30th. Special Round-Trip Excursion Tickets Sold on These Elegant Passenger Steamers.- S. S. DESPATCH Sails on Her Second Trip About July 10, 1900 This Is the only exclusive livestock steamer in the, Nome trade. Bookings now being made. FOR RATES AKD XXK01UHATI05 APPLT Tt P. P. BAUMGARTNEX, Agent, 253 Washington St. XV, A. Mitchell A Co.. General Agenti. San Franclico. Pacific Coast rafltfJifti ror BgjSppgfM the Cape Nome Gold Fields THE NEW PALATIAL STEFI STEAMSHIP ''Senator" will sail from Seattle direct July 8, August (i andSeptember 6. Th "Senator" has a. capacity of 2300 torn. Her. eecond cabin ani Btecrage accommodation are superior to the flrst-elaas accommodaUons of meet of the steamers advertised for Nome. The Pacific Coast Steamship Co. has been running Its steamers to Alaska winter and sum mer for 25 years, and la the plonr Pacific Coast line. Seattle freight and passenger rates ap ply from Portland. For further information Inquire of OOODAL.L. PERKINS & CO.. General Agent 10 Market. San Francisco, or N. POaTOJJ.AEent. 249 Washington st.. Portland. Or. tures, strong: July, 4s "ftd: September, 4s 2d.. SAX FRANCISCO MARKETS. - SAN FRANCISCO, June 27. Wool Spring Nevada. 13015c; Eastern Oregon, 10S15c; Val ley. Oregon, 1&S20C. Fall Northern mountain, 10012c:, mountain, lambs', S310c; San Joaquin plains. S10c; Humboldt and Mendocino. ZQ 14c per pound. Hops 1S90 crop, 11013c per pound. Mlllstufts Middlings, 1720; bran. $1301360 per ton. I Hay Whrat. $7&10: wheat and oat. $& 50 0 50 best barley, $7; alfalfa. ?57; stock, ?5tJ 5 50; compressed wheat, $7 5010 50 per ton; straw. 25$J40c per bale. Potatoes River Ear-banks, 35003c; Oregon Uurfaanks"; 05 80c -per cental; new potatoes, 40 630c - - Vegetables Onions, 00e?l 10 per ct!.; garlic, 343Hc per lb.; green peas. C0e$l per sack; string beans. 23c; dried okra, 324c per pound; asparagus, ?1 60 1 75 per box; egg plant, S310C per pound. Citrus fruit Oranges, navels, $2 CO; Mexi can limes, 4?4 50; common California lem ons.. 1 2501 SO; choice. $22 50 per box. Bananas, 91 5033 per bunch. Butter Fancy creamery, IS 19c; do sec onds, 17V4c; fancy dairy, 17c; do seconds, 15 10ttc Cheese California, new, 81fr3t)o per pound; Toung America, 0Vi10e; Eastern, lCQJ17c Eggs Store. 1314c; fancy ranch, 17c; East ern. 15310c per dozen. Poultry Turkeys, gobblers, 910c; do hens, ll12c per pound; old roosters. $3 504 per dozen; young roosters, $331; small broilers, $22 25; large broilers, $33 SO; fryers. $3 50 64 50; hens. 1-1 1 CO per dozen; geese, $1&1 2' per pair-. Receipts Flour, quarter sacks, 6034; do Ore gon, 1742; do Washington, 8000; wheat, cen tals, 5400; barley, centals, 75.040; oats, cen tals, 300; potatoes, sacks, 1410; bran, sacks. 265; do Washington, 2050; middling, sacks, 20; hay, tons, COD; wool, bales, 162; hides, 718. EASTERX LIVESTOCK. CHICAOO, Junk 27. Cattle Receipts, 14,000. MaTtast generally steady. Natives on sal today, 7 head at $5 70, and 21 car loads at $3 SO; good to prime steers, light and medium weights, flrnv $5 lfcffo 75; poor to medhrm heavy about steady, $4 50 5; selected feeders slow, $3 904 75; Btockwrs weak, lower, $3 153 SO; cows, $2 90S"4- 20: heifers $34 75; canners, $2 20 i4 75; bulls, $2 754 50; calves steady, ft 50 (g6 50. TexatiB, receipts, 500: best on sale today, carloads at 20; Texas-fed steers steady, tt 305 10; Texas grass steers, $3. 654 30; Tcxae hulls, 2 753 40. . Hogs Receipts today. 27,000; tomorrow, 25,090; -eatlrmuted left over, 4C00. Active, shade higher; top, $5 27i;i; mixed and butchers', $5 1035 27&; good to choice I heavy, tt 205 27; rough, heavy, $5 05 5 15; light, ?3 C&S5 25; bulk of sales, 5 17& 5 22H- Sheep Recelpta, 12,000. Sheep and iambs, choice strong; others steady to slow; good to choice wethers, S44 75; fair to choice mixed, $3 254 10; "Western sheep, VqA 65; Texas sheep, J3 504; native lambs, ?5g6; "Western lambs, $3 06; Spring 'lambs, tt 606 50. The Metnl Markets. NEW YORK, June 27. In sympathy with a drop of soma 1 15s for spot and 1 103 In futures at London, the local market for tin eased off considerably and closed weak at $30 20 G2. Lake cop per ruled quiet and unchanged at $16 0. Lead was rather unsettled on the basis of Si 22i4 27. Spelter was tolerably steady jn tone, but unchanged as to prices on the basis of i 20g4 25, Pig lron warrants were weak and nominally quote'd' at tt4 25. The brokers price for lead was H 10, and for copper, $16 25. Bar sliver, 61ic SAN FRANCIECO, June 2T. Bar silver, 6lic LONDON, June 27. Bar silver, 23 9-16d. Boston "Wool SInrket. BOSTON, June 27. The American Wool and Cotton Reporter will say tomorrow: "Nothing has occurred during the past week, to relieve the market from the mo notonous dullness which has prevailed for Mormon Blshona' PiIIstIuts bees In use oter u von by tb leaders cf tic Monaca Church "i tseu louovcn. fniu'uy cures tba worst casts la old and joobz srislsf from effects of self-xbosc. disslpanan. excesses, or ciguette-sffioldnj. Cures Lost Manhood, lm Korpnoy. cost FowBri wisn-cucsaes, acarrnaiorrnooa inoorjinia i Wfoj-ii ET.II nnalntL, f-.-mlnnl lrnl3lnnii. tr?mM Unfic. Korvr Klllw. Um4,Ha I lntMA r tjlttrrw. iox rt CtluL.VW fiAmAn. or consilpatlon, Stops Qulcjcnaro .of DIs- Kii chargot Stops Ker- VOUSTvtrlter)lnS Of Eyelldl. tiem xw taaeco, tiJjSA ? ne ,o3 VKTja errrr function. Dont eet deiDond-nt. a cere Is it rate, rid'it-t Kesares srnill. txarrelopea jlas, Srlgmbtes tie bnla ad nerre centers. oe .bor. t At Jtsoby null, fiimiinil Awrlttea guirantee. tocaro tc aaagscrfii&d. vith eboxes. cbmUn &ce. Addres3f Bishop Remedy CoM San Francisco; Cal. For sole by Aldrtch Pharmacy. Sixth and Was hlnjrton streets. Portland. Or. s. s c Steamship Co. such . a long period. In fact, the, dull ness has been intensified, and the volume of business transacted Is the smallest re corded In any one week for several years, the entire sales being, only S52.00O pounds. Prices are Irregular and unsettled. Taken as a whole, In the West the farmers are as 'Arm In their views as ever, and as a result very little wool has ibeen purchased by the Eastern trade. Every one is now anxiously awaiting the opening of the lightweight goods, and the London wool sales were slightly lower, prices being ex pectedto prevail. The sales of the week in Boston amounted to S07.000 pounds do mestic and 45,000 pounds foreign, making n, total of 352,000 pounds against a total of 1,484,000, previous week, and a total of 6.113,800 for the corresponding week last year. The sales since January 1 amount to 67,653,100 pounds, against 124,638,200 pounds for the corresponding time last year. The Cotton 3Iarlcet. NEW YORK", June 27. Options "In to day's cotton market were at sixes and seyens, with speculation as a whole on a smaller scale than since the present bull movement set in. The average of news was strongly bullish, but the best mind in the trade expressed the fear that shorts had fully covered. up their tracks and left an enormous long interest to be unloaded. After an early rise of 8 to 11 points the market closed steady at a net rise of 1U points. Coffee and. Satrar. NEW YORK. June 27. Coffee options closed firm, with prices 20 to 30 points higher. Sales, 33,000 bags, including Ju"y J7 157 25. August ?7 35. September, $7 45Si 7 50. October $7 45. Spot Rio. steady; No. '7 Invoice, S?c; mild, quiet; Cordova, 9 Sugar, raw, steady; refined, strong. Austin In Celestial Verse. Laureate, trhy silent? take Once more your pn and wake Pegasus up and make' All the rorld -wonder. Yours Is the chance to get Quickly a move on set Pen against bayonet. . Thunder "gainst thunder. Jaw-breaking names there are Found in this Chinese war Mix them -with 'metaphor Thick with your trowel. Old Ll Hung Chang Is game. "Why not exploit his fame 7 No double-barreled name Like Baden-Powell. Though many critics sigh At your historic lie. ! Or Une3 ending with 1- - 3 Dentlcal cadence; Still your poetic toll. Though not qulto up to Hoyle, Shall ever make U3 boll Like all ilecadent3. Then rale your epic bark At that new Joan of Arc Empress who's made her mark And her foul ring there; Verse by the yard shall rise Up to the star-flecked skies. And o'er that bridge of sighs. To the young King there. Don't let great Tennyson Take all the benison For there's not any son. Of British fiber. Equal to you who can Write up stub-toed Tal An, Built' on a wondrous plan Champion descrlber. H. F. Rodney. Mr. Bryan on the Boxers. New York Press. Mr. Bryan's silence on the question of the Boxer outrages Is growing painful. When a man begins to sympathize with the enemies of his country he is in a way to forget wholly the necessity of National dignity. Filipino or Tartar, It is all the.same. Making foreigners re spect the flag in foreign territory is illogical to the man who declines to re spect It in territory of Its own. TJBffiEnn,Z-'l.-llMtl ua Do VnrlnflR. THE PALATIAL ontu bui Xbt n dark atCcc- In-the tinll'illrtsft uloInteIy fireproof: electric Hclill nml artciinn waierj perfect annttn tlcm nncl' thorough ventilation, ele vators ran day and nlcbt. ; B-wirni. AIXSLTE. DR. GEORGE. ThrlcIan....OCS-Gnj ALDRICH. 9.W.. General Contractor Cll AXDEHSON. ntJSTAV. Attomrv-nt-I-aw...l3 ASSOCIATED PRESS: E. L. Powell. i!jrr..S0il Al'STEX. F. C. Maneser fsr Oregon anJ Washington Rankera" Life Anolatlon. of Dea Moines. Ta , 502-503 BANKERS' LIFE ASSOCIATION. OF DES MOrNES. TA:r. C. Austen. M?naser..fio2-503 BAVNTUN". GEO. R.. grJ" for-Cha. Scrlb- ner's Sons , .-..v ,.$ 315 BEALS EDWARD AT. Torecast Official U. . S .Weather Bureau- .... 010 BENJAMIN. R W.. ' Dent!. 311 BINSWANCER. DR.-0. 8.. Phys. ft Bur 410-411 BROOKE. DR. J. M.. Ph's.& S'irs 705-700 "BROWN. MTRA. M. D..., 313-314 BRIIERE. DR. G. E.. PhyslcVn 412-413-41 BUSTEED. RICHAHDr Accr.t Wrwn ft Mc- Calfay Tobacco Co. ,.,... C02-G03 CAVKIX. G. E.. District 'Aettt Travelers' Insurance Co. ...J 718 CARDWELli DR. J. R.. 50 CAROI.!.. W. T.. Spclal Aeent Mutual Reserve Fund Le Aps'n. ..'..! 604 COLUJTBIA TELEPHONE' CTTUPXT ... .. CO4-CoS-C0a-C37-C13-fl14-r,13 CORNELIUS, C. W.. Phrw. ndurseon 2fMJ COVER, F. C.. Cashier Equitable Lite 303 COLLIER. P. F.. Publisher: S. P. McGulre. Manager J. ...!.. .j 413-418 DAY. J. O. frl. .N 313 DWI3. NAPOLEON. President Columbia Telephone Co ...., ;.. ...... fiot DICKSON. DR. 1. F.. Phrslilna 713-714 DRAKE. DR. H. B.. Physician E12-5I3-514 DWTER. JOE. F.. Tobaccos n03 EDITORIAL RCOMS FlKhth floor EQUITABLE LIFE ASSURANCE SOCIETT: L. Samuel. JIamper: F. C. Cover. Cahler.S08 EVENING TELEGRAM 323 Alder rtrett FENTON. J. D..Phvp!clan aid Sun:ecn.S00-310 FENTON. DR. HICKS C Eye and Ear 311 FENTON. MATTHEW T.. Dentist 50 FIDELITY MUTUAL LIFE ASSOCIATION: E. C. Stark. Manacr 001 GALVANI. W. H.. Engineer and Draughts man COS GAVIN. A.. President Oregon Camera Club. 214-213-216-217 GERY. DR. EDWARD P.. Physician and Sunwm :... 212-213 GEBBIE PUB. CO.. Ltd.. Fine Art Publish er?: M. C. McGreevy. Mkt 318 GIESY. A. J.. Physician and Sunteon... 700-710 GODDARD. E C. ft CO.. Footwear Ground floor, 120'Shcth street GOLDMAN. WILLIAM. Manaper Manhattan Life Insurance Co. of New York. 209-219 GRANT. FRANK S-. ,Attomey-at-Law 017 IIAMMAM BATHS. Kins & Ccmptori. Props.3 HAMMOND. A. B 318 HEID1XGEH. GEO. A. & CO.. Pianos and Orffans ISt Sixth street KOLLISTER. DR. O. C. Phya. ft Sur..C04-O0J IDLEMAN. C. M.. Attorney-at-Law..416-17-U JOHNSON. W. C. 3115-316-317 KADY. MARK T.. Sufrvlor of Acents Mutual Reserve Fund Life Assn 004-GOJ LAliONT. JOHN. Vice-President and Gen eral Manager Columbia Telephone Co 604 LTTTLEFIELD, H.R,.Jfh& and Surgeon. .204 MCRUM. W. S..Sec. Oregon Camera CIub.2H MACKAY. DR. A. E.. Phya. and Surar. .711-712 MAXWELL. DR. W. E.. Phys. & Sure. .701-2-3 "M-COY. NEWTON, Atto'rny-at-Law 713 McFADEN. MISS IDA "El. "StenoBrauher....20t "McGINN. HEtfRY E.'. At6rrey-at-Law.311-3J3 'McKELI. T. J.. Manufacturers' Representa tive v.. .-.'... ,...303 METT. HENRY ..:.i i. 218 MILLER. DR. HERBERT C Dentist and ' Oral Surseon. ......f '. 003-669 MOBSMAN. DR. E. P Dentist 312-313-31 MANHATTAN LIFE INSURANCE CO.. of J,ew York: W. Goldtr.ort. Minager 200-219 MUTUAL .RESERVE FUND LIFE ASS'N; Mark T. Kady, Supervisor of Acents.. C04-CC4 McFLROY.,DR. J. Q.. Phys. ft Sur .701-702-703 McFARLAND. E. "B Secretary Columbia Telephone Co. . 60S McGUIRE. S. P.. Manaeer P. F. Collier. Publisher . 413-418 'McKlM. MAURICE. At torney-at-Law 300 "MILLER ft ROWE. Real Estate, Timber and Farming Lands a Specialty.......... .700 MUTUAL LIFE INCURAKCE CO.. of New York; Wm. S. Fond. State Met.. 404-405-409 NICHOLAS, HpRACE B.. Attomey-at-Law.71S XILES. M. L.. C2snler Manhattan Life In surance Co.. of New York... ...209 OREGON INFIRMARY OF OSTEOPATHY: . Dr. L. B Smith. Osteopath'.. '. 40S-409 OREGON CAMERA CLUB..:...214-213-21C-217 POND, WM. S.. State Manage1- Mutual Life ' Ins. Co. of New York 404-405-406 PORTLAND PRESS CLUB 501 PORTLAND EYE AN DEAR INFIRMARY. Ground floor. 133 Slsth street PORTLAND MINING ft TRUST CO.; J. H. Marshall. Manager 619 QUIMBY. L. P. W.. Game and Forestry Warden 710-717 ROSENDALE. O. M.. Metallurgist And Min ing Ensrlneer ....515-518 REDD &. MALCOLM. Opticians. 133 Slxst street REED. F C. Fish Commissioner...: 407 RYAN. J. B.. Attorney-at-Law ............417 SMCEL. L.. Manager Equitable Life 303 SHERWOOD. J. W.. Deputy -Supreme Com mander. K. O. T. M 317 SMITH. Dr. L. B.. Osteopath 403-409 SONS OF THEAMEKICAN REVOLUTTOX.500 STARK. E. C. Execuilvs Special. Fidelity Mutual Life Association of Ph.Ha.. Pa 601 STUART. DELL. Attorney-at-Law 617-019 STOLTE. DR. CHAS. E.. Dentist 704-70J SURGEON OF THE S. P. RY. AND N. P. TERMINAL CO 709 STROWERIDGE. THOS. H.. Executive Spe cial Agrnt Mutual Life, of New York 40S SUPERINTENDENT'S OFFICE 201 TUCKER. DR. GEO. F.. Dentist 610-011 U. S. WEATHER BUREAU OO7-00S-8O9-ai8 U. S. LIGHTHOUSE ENGINEERS. 13TH DIST.. Captain W. C. Langfltt. Corps cf Engineers. U. S. A. 809 U. ?? ENC?INrF.R OrFICE. P.rVER AND HARBOR IMPROVEMENTS. Captain W. C Langfltt. Corps of Engineers. U. S. A.. 819 WATERMAN,, C. H.. Cashier Mutual Life of New York 404 retary Native Daughter 71C-7I7 WHITE. MISS L. E.. Assistant Secretary Oregon Camera Club 21 WILSON. DR. EDWARD N.. Phys. & Sur.30J-3 WILSON. DR. GEO. F.. Phys. ft Surg. .706-707 WILSON. DR. HOLT C. Phs. & Surg.507-503 WILSON ft McCALLAY TOBACCO CO.; Richard Bustced. Agent 602-003 WOOD. DR. W. I. Phjstclan 412-413-41 WILLAMETTE "VALLEY TELEPH. CO...0U A Serr ruore elegant ofllces may bad by applylnc to Portland Trust Company of Oregon. 100 Third t., d to the rent clerk In the bnildlnar. MEN K Sr; THE MODERN APPLIANCE A positive way to perfect manhood. The VACCUic TKEATMENT CURES, you without tntdlclne of all nervous or diseases cf the generative or gans. 8uch as lost manhood, exhaustive drains, varicocele, lrflpotcncy. etc. Men are quickly re stored to perfect health nnrt strength. Wr.tt for circulars. Correspondence confident! L THE HEALTH APPLXANCE CO.. rooms 47-S Safe Deposit building. Seattle. Wash. A -.