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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Aug. 9, 1900)
TTTE MOHNING OKEGONIAK, THURSDAY, AUGUST 9, 1900. It COMMERCIAL AND The trade- situation 'for the flrst -weefc la August presents no features of special interest. la the country every one is fcusy tnWng care of the big crop that Is ztow being: harvested, apd from the dty ihousands of people have fled to the sea choro or mountains. This makes mat ters temporarily quiet for the retail deal ers, and in turn for the "wholesalers, al ibemeh, as compared vrlth a correspond ing: date In former years, the volume of trade In most lines shows a substantial ancrease. The- -wheat crop Is coming on "themarket fully a month earlier than usual, and .were It not for the presence on spot of an Immense amount of old wheat, raore of -the new crop would be 'handled In August than was ever handled In this month In any previous year. The prices continue low enough to prevent a ireo selling movement, and exporters do not expect much activity for n rndntn or six weeks. , The wool market Is reported firmer In tho East, and this fact ias encouraged holders to tighten their grip on the sto'eks which they have been holding. There is very little selling Coast buyers being unable to quote prices mat are satisfac tory to growers. There is some activity In the bop business, so far as new-crop contracts are concerned, quite a number of them having been filed within the past week at prices ranging from 9 to 10 cents. In the fruit markets, peaches have "been the feature for the past week. Re ports are unfavorable for a large crop, but they seem to be ripening all at once, end the market- Is almost overstocked. 'Oregon melons are commencing to ar rive, and by -another week we will be Independent ef California in this direc tion. Grain bags are lower. There are no changes of consequence In groceries. I2ggs are weaker, and butter is quite firm. Poultry Is In good demand for old chickens, but young are Inactive. "WHEAT The wheat market Is as lively s an Egyptian mummy, and If there Is any one making much of an effort to do business they are carefully concealing their movements. There Is considerable wheat coming along to tidewater, but much of It Is on consignment, and" this, added to the big stocks which were held hero at the closo of the cereal year, swells tho total to figures which have never before been approached at this season of the year. There are seven ships In port loading, to load and finished, and three or .four more are supposed to be near at hand. These will relieve the docks, and after this old business Is out of tho way and dealers have finished their Summer Vacations, a little more life may be infused into the situation. In regard to prices, there Is not Aery much change Tiotod. Dealers who have had cheap ships under charter have by this time secured about all of the wheat needed for them, and are not disposed to operate except on the basis of existing freight rates. Xothlng has been reported for ov.er a month a,t If s8 than 45 shillings, and while the Inactivity thus apparent may be taken us an Indication of weakness, owners have steadily refused 3s 9a. and until somo business is actually done at less than 45 shillings, that will be the figure on which export values will be based. Walla Walla Is generally quoted at 54 anu 55 cents, and Valley about the same figure, with a preference shown the for mer. Bluestem can be worked at 53 cents, and probably a hade highpr; in fact, some sales have been made to in terior mills on the basis of 00 and CI cents In Portland. Harvesting is pro gressing at a good rate all over the Northwest, and the weather has been perfect. There Is but little change In the situation, so far as yield is con cerned. Somo sections are exceeding ex pectations, and others are falling below. There Is yet a vast amount of Spring wheat to bo threshed, and until It Is reached there will remain a large ele ment of uncertainty as to the final out come. Estimates generally mado on the out-turn run about 14.000.000 to 16,000.000 bushels for Oregon. 21,000,030 to 23.O0O.tKX) for Washington and 2.FO0.O00 to 3,500.000 bushels for Idaho. Taking the figures of half a dozen pessimists and optimists, all of Whom havo been in the grain bus iness a sufficient length of time to enti tle their estimates to consideration, ana tho result is a. minimum yield of S7,5jk,000 bushels ahd a maximum yield of 42,500.000. This would mako the average of the estimates 40,000.000 bushels, and The Ore gonlan Is still of the opinion that the final out-turn will not be far from these fig ures. The Cincinnati Price Current Is again predicting an American crop of Ro.OOO.OOO bushels, which accounts In a large measure for the present Weakness in tho Eastern markets. In reviewing its correspondence for the teek ending last Saturday, the Price Curent says: Spring wheat "harvesting is in progress in the Xorthwestern States, under verv favorablo TreSihrr" conditions, except In a lew localities. wflSJH? it wns too wet and tho quality of the grain Is generally good. Nothing has developed so far to warrant a material change in our pre vious estimates; conditions are being ruliy maintained, notwithstanding occasional reports of tl!apiio!t:ting yield, Consid erable damage to the quality of the oats and Winter wheat crops has been dono in the pint few "necks by excessive moisture after the giain had been cut Otherwise there hss been no material change in the Vtuaiion. Threshing re turns of wheat an fulfillinir Mi-iinr nT-. poctatlons. TaKlng the wheat situation of the country as i whole, tht past week ma maintained previous indications. In ropari to crop results, the sltuat op of wheat in this country need not In considered as presenth f, anything which disturbs resent clcuiations. The North west Is securing a higher recognition among the x.a-1 ilnr. conceded nvo cr three weeks ago. the Pacltle Coast some thing of a shrinkage, and the sections represented b Nebraska. Kansas, Ok lahoma, Texas, etc.. as likely to exceed the estimates. The aggregate crop may with confidence be expected to reach E50.000.O00 bushels. WOOL With the exception of an occa sional sale of a small lot of wool, thue is very little doing at the present tlma. There are nuite a number of buyers for Eastern bouses scattered throughout the Nbrthwasr, but they are unable to do much business, on account of the firm ness with v Men growers are holding on. Tho situation In the East Is thus tr viewed by tho New York Journal of Com. marc under date of August 3: There is less business than last week. At that time a slight increase in activity was thought to it.oicato a general re viral, but tha experiences of tho major ity this week would seem to disprove this idea. There does Appear to be a feeling, however, that pric-s are about as low as they are going t" t At least, pressure on the part f buyeis docs not bring thj result It has brought during the last few weeks. Woals toTitnue to be sold beliw cost In a crreat irany instances, but there Are a good many fine wools that are not as easy as thy were two or three weeKs ago There seems to be more inquiry from manufavlirerK, who were runn .ng low on their supplies. The one favorable factor in the situation Is that, notwith standing the wool in the owintry and n fiealers' hands, It Is probable that the i FINANCIAL NEWS supplies in mar ' facturers warehouse? ate smaller tb-in f rr n.any seasons. Thbs Is proved to i oertiin extent by the In quiries. Where naaufacturers 'want wool they want it In a burry, which Is pretty good evident thit'stocks show decided dwindling. The sales of Texas and Territory, wh.cn were made last week, have not been re peated. The prices at which these wools were sold would seem to prove that they were forced transac .ens, holders wishing to realize on halr stock. Samples re ceived since do not il ow any cheap wools, comparatively speaking. Holders in Texas show no Indication of weakening, and for short wools come high, prices are being quoted, "with a comparative scar city of this quality. A lot "of seven months wool is held for 60 cents, though there are competing lots at slightly lower figures. Notwithstanding the amount of Texas m this market, hold ers have sufficient money to await higher prices, which they anticipate before long. The inquiries for pulled have continued during" the week, and some fair transac tions have bean put through. FRUIT The markets are pretty well glutted with peaches and melons this week, in spite of a very heavy demand for both. Yesterday and Tuesday, peaches came In so freely that they sold down to about the lowest notch liable to bo reached this season. The Oregon poach crop is reported to be much smaller than that of last year, and had it not come along right on top of some pretty heavy receipts from California, prices would have been mu,"h higher. Most of th early peaches are out of the way, and the Crawfords are now at their best for canning. S&ne Lite Crawfords and Muh$ are coming trom Califom:a, but they are slow sale, compared with the Oregjn stock. Appls are tlentlful for common stock, but there is not an oversupply of choioo varieties Watermelons, cante loupes and nutmec melons are in big supply, but thu-; f tr prices have hiJ up very well. A carlrad of bananas, which arrived ear'y In 'he week, met with a good sale. In spite cf the presence of so much Oregon trult. BUTTER Receipts of best creamery butter are steadily dwindling, and the price is firming .up quite materially. Fancy grades sell readily at 50 cents per roll, and there is nothing very good ob tainable at less than & cents. Store flut ter is practically out of the markst. EGGS A carlo id of Eastern eggs struck town yestilay morning, and the price of the Oregon stock sagged per ceptibly as soon as the news was circu lated. The Easisrn eggs are said to be cold-storage stjok, but as they aio 3old at lower prices than have been prevail ing for Oregon '.vw. the latter are in smaller demand and were difficult to mov.' yesterday at 17 cents for candle-1 slock and 16U cents lor tnicandled. Hecelpts Of Oregon eggs are unusually heivy fur this season df the year, and unless prices should advahea In Iho East, lowei prices are expected l'ere. FOUT.TRY The big surplus of common Spring chickens which hung like a weight on the poultry market last week has been cleaned up, and prices ate slightly higher this week. Old chickens sell up around $4 nnd ?5 per dozen, ana for best springs sales are generally around J3 CO i-er dozen. Ducks and geese are quiet Jt h'mlnal quotations. Theie Is hot much demand for turkeys. Bank Clearances. Exchanges. Balances. Portland 340.4'U 5 54.208 Tacoma ,. 148.216 Seattle C14.200 Spokane .... 407,182 38,741 214, 131 42,344 POtlTIiAXD MARKETS. Grain, Flour, Etc. Wheat Walla Walla, nominal, ,05c;. Valley, ikS'SSc; bluestem, CSc per bushel. Flour Best grades, $2 7u?3 10 "per barrel; graham. $2 50. Oats White. 3G4J STc; gray, ."HJS5c per bushel. Barley Feed. fHijrifi; brewlnE. $10 par ton. Mlllstbfls Bran, $13 per ton; middlings, $20; shorts". ?14. chop. S15. Hay Tlmbthy, $10il; clover. $7f G0:'Oro gon wild haj. $607 per ton. Butter, ErsS, Ponltry, Etc. Butter Fancy creamery, 4530c; storo, 25 274c per roll. Eggs 17c pel" dozen. Poultry Chickens, mKed. $33 50 per dozen; hen. $4g5: Springs $23 50: ducUs. $34; soe, l5 per dozen; turkeys, lGS17c per pound. Cheese Full -cream, twins. 12J13ci Young America, 14c per pound. Vcrretables, Fruit. Etc. Vegetables Parsnip'. $1; . carrots, 75c$l; turnips, 75c per rack; onions, $1 25 for red. $1 50 for slhersklns; cabbage, $1 25 per cental; potatoes, lOjfTttc per rack; peas 3040; beans, 0fT7c per pound, cucumbers, G075c; tomatoes, 50c per box. Fruit Lemons, $4 502T-5; oranges, $3 504 per box for late "Yalencias; pineapples, (4 60IJO per dozen; bananas, $2 5003 per bunch: Per sian datef. 7Sc per pound; peaches, SOGOc; pears, POc??l per box; apples, 75cfT$l per box; watermelons, f2j"2 50,' cantaloupe, 11 25 per dozen for California; Oregon nutmegs, $1 502 50 per crate. Dried friiit Apples, oiaporated. 7 0 8c per pound; sun-dried, sacks or boxes. 4ff5c; pears sun ahd evaporated, SiTOc: plums, pltlews, 4 $ JHc: prunes. Italian. SlfrffSHc; . silver, extra choice. 5 6c; flg. Smjrna, 22"4o; California black, 50 Cc; do white. 10c per pound. Groceries, IVnts, Etc. Coffee Mocha, 2Sg2Sc; Java, fancy. 2S32c; Jfttdi good, 20g4c: Java, ordinary". 18S-i0a; Costa. Rtca. fihcy, lSf20e: do good. 10318c; do ordinary, 1012c per pound; Columbia, roast, $1S 63: Arbuckle's, $14 03; Lion, $13 03 per case. Sugar Cube, ?6 SO; crushed, $0 SO', pow dered. $0 30; dry granulated, $5 SO: extra C, S5 SO; golden C $5 20 net: half barrels, He mora than barrels; maple sugar, 15$flCc per pound. Beans Small white. 3o; baydu. 4c; Lima, Cc per pound. Salmon Columbia Rh cr, 1-pound tails, $1 23 fil CO: i-pound tails, $22 50: fancy, 1-pound flat". Jl C3$?l 73; impound fancy flats S5CJ95c; Board of Trade and Stock Exchange Brokers GRAIN PROVISIONS STOCKS and COTTON BOUGHT AND SOLD FOR CASH OR CARRIED ON MARGINS 214-215 Chamber of Commerce Porllond, Ofegbn LUSON&CO. Alaska. 1-pound falls, $1 201 30: 2-pound tails, 51 902 25. Grain bags-Calcutta, 56S6 23 per 100 for rpot. f Nuts Peanuts. GJtJ7c per pound for raw. Do for .roasted; cocoanuts. Ooc per dozan; walnuts, 10 lie per pound: plno nuts, 15cr hickory nuts, -7c; chestnuts, 16c; Brazil, lie: filberts, 15c: fancy pecans,- 12lc; almonds,. 1517H per'pounL Coal oil Cases. 5lc per sal.: barrels. 17c; tanks. lOo. Rice Island; ntfc Japan, Cic; New Orleans, 465io; toncy bead, $"7-C0 per sack. Meat and Provisions. Mutton Gross, best sheep, wethers and ewes, sheared. $3 003 73; dressed, 77J5c.per pound; Spring- lambs, 55J5c per pound ffross. Hogs Gross, choice heavy, $5; liffhti $4 50; dressed, B(H4c per pound. Veal Larce. 714Sc per pound; Email, 8JM 0c Beer Gross, top steers. $3 503J4; cows, $3Q 3 BO; dressed beef, GGHc per pound. Provisions Portland pack (Shield brand): Hams, smoked, arcquDttfd at 43c per pound; picnic hams, 0c per pound: breakfast bacon, 13J4c: bacon. Site; backs, OJSc; dry salt sides, 8;tc; dried beef, 17c per pound: lard. 0-pound palls, 10c: 10 -pound palls. 0!c; COs, 0c; tierces. OJIc per pound. Eastern pack (Ham mond's): Home, large, 12$c; medium. 13c; small. 13Jic; picnic hams. OUc; shoulders, 9J4c; breakfast bacon, 12c: drysalt sides, ShJ OVSc; bacon sides. K10c; backs, 0c; butts, 9c; lard, pure leaf, kettle rendered. 5s, lOJAc; 10s; JO-Xc Hops, Wool, Hiaes, Etc. Hops 2g8e per pound for 1S03 crop, 810c for new crop. Wool "alley, 1213c for coarse, 1516c for best; Eastern Oregon, lajflBc; mohair, 25c per pound. Sheepskins Shearlings. lSffSOo; shot-t-wool, 23 35c; medlum-wobl, 30Q30C long-wool, G0.&$1 each. Pelts Bearskins, each, as to Size. ?515: cubs, each, $15; badger, 'each, 50c; wildcat, 25375c; housecat, 623c: fox, common gray, 40$1; do red, $1 753 50; do cross, $2 5050: Inix, $2S"4 CO; mink, -lOcl 75; marten, dark Ncrtlicrn. $510; do pale, pine, $2g4; muak rat, 8 12c; skunk. COiffSOc; otter (land). S4 S; panther, with head and claws perfect. fl3; raccoon. 25S0c; wolf, mountain, with head perfect, $3 50 (J 5; wolverine, $2 5050; beaer, per skin, large, $d7: do medium, per skin. $4(35; do small, per skin. $12; do kits, per skin $13 Tallov 554c; No. 2 and grease 3&4c per pound. Hides Dn- hides ijo.l. id pounds and up ward, 1415c; do- Mp. No. 1, 5 to 10 rounds, 15c per pound; dry calf. No. 1, under 5 pounds, Ic'B'IBc; dry salted, one-third less than dry flint; silted hides, sbund Steers, CO pounds aj.d over, 768c: do 50 to GO pounds. 7&c; do un der 36 pounds and cows, tis; ktp, 13 to 30 pounds, 714fffSc: do veal, 10 to 14 pounds. 7c! do calf, under 10 pounds, 7"4c; green (unsaltcd), lc per pound less; culls ("bulls stajs, moth eaten, badl' cut, scored hair slipped, weather beaten or grubby), one-thlrd less. xew'tokIc stock market. Dull Movement With Nothing to Re lieve the Monotony. NEW YORK, Aug. X. The stock mar ket today was duller than yesterday, and the movement of prices was trivial and insignificant, "without an important ex ception. The room traders sold stocks in the morning. Impelled, apparently, bv tho report of the heavy amount of gold to "bo exported. Estimates were put out that the amdunt of shipments todav and tomorrow wdUld mount tip to ov.er J7.0X), 000. When it was setn that the total would not exceed K,3C0.003 the room shorts Covered. The market closed prac tically lifeless, near the last night's level. There was the usual professional deal ings in Sugar and Brooklyn Transit, the latter suffering from the delay in the pub lication the annual report, which had been prbmlsea at various times. The large American subscriptions to the new British exchequer bonds contin ued to absorb a large Amount of! dlscus ii i and surmise in "Wall Street. As an evidence of the large resources of capital available to the country, the Incident was generally accepted as subject for Na tional congratulation, but as an evidence of the acute pressure to which the Lon don market Js being, subjected and tho posslrle, results on the world at large of this condition, it was not regarded as reassurh s. It Is evident from the ""pub lic criticism In England of the 'large allotment made to the United States and the apologetic tone of the explanation to Parliament by the Chancellor of the Exchequer, that the policy adopted was fori ed by money condition's which mlht aimost ue classed as embarrassing. Thero is evidence of some special provision en tered into with "t,he leading Anglo-American houses in London." to which was al lotted half of (ho Issue to Insure ship ments ( gold In payment. The relief thus. afforded to the London market will thus be more direct, but in the last analy sis, the stringency of money in London, Insured an ultimate movement or gold. The real cause looming behind the movement of gold Is the expenditure and appropriations for war, shown by tha efforts t replenish the national treasury chests. Tomorrow's shipments of gold to Paris show that that center is still in competition with London for the precious metal, and the piling up of reserves by tho Bank o France is now commonly accepted as a preparation for a pending Russian loan, said to amount to $200,000, 000. The news of renewed attack on the Legations in Pekln, the progress of hos tilities involved in the march on Pekin, and the language of the Queen's address In proroguihg Parliament, all gave' force to these considerations and contributed to the profound dullness of speculation in securities, not only in Nov.- York, but in all the great financial markets. Bonds -vv'ere neglected and Irregular. Total sales, par value. JS75 000. United States new 4s declined c. and the 2s and old 4s "4c In the bid price. BONDS. O' S. ref 2s Kg..l0iyOtn: Electric J5s..llCH j "-u"......iuo . i. -eni. ists..ius uu -s ree . i..MW fqrtn. Pac 3s... do 3s reg 10 I do 4s 05 .104 109 , .102 'AW- fisiZ 'do hew 4s reg..l32t do Is coup ,imu0. S. I Gs.. do nlrt 4k tpo-. .11411 do old 4Tcoup..ll4Slrr. G. TT. lsts do con. Cs... ao os rec 11-74 diJ lis coup....li:234 DIs. of Col. 3-G3S.122 Atchison adj. 4s. S4& C & X. W. con 7sUf) fit, Paul consols.. 107' do C. & p. lsts 117 io J. & r 5s.. 110 lUnton PacIJlc 4s..l0g fiouth. Pacific 4s.. 70 ao,v,.ueD os. 122 IWIs. Central lsts. SS T. & R. G. 1 Its.. 102 West Shoro 4s...112 do 4s OSVil Offered. STOCKS. Tho total sales of stocks today were 114,000 shares, as follows: Atchison 2C ao pfd 70 Ratt. & Ohio 74H Can. Facine .... SOW Can. Southern .. 484 Chos. & Ohio 27-k Chi.. B. & Q 12C Union Pacific ... 50"4 do pfd 7B Wabash 6 do pfd I71i Wheel. & L. E... S do 2dp pfd 23 s Wisconsin Central. 13 P. C. C. S. St. L. r.3 JM. U. W lO'i, Chi . ind. & Jj 21 Third Avenue 109 ao pra oi Chi. & East 111... 93 CXPRESS COS. Adams .jl""; Chi. & N AV 157 American .155 j., . i. & i-acioiivi United States 4S C. C. C. & St. L. 5SV4 Colo. Southern .. 0U Wells-Fargo 122 MISCHLL .N EOITS. do lsts prd ...t -JlVi Am. Cotton Oil... 33 ao zas pta iu Del. & Hudson. .111 Dei.. L, & Mr 17C do ofd SSV.' Am. Maltlnsr .... sii -ia pfd lfltt D. & R. G lbs; Am. Smelt. & R... 3GMi co pra U7 Erie 10-y, do pfd SSU Am. Spirits 1 do lsts pfd 32)i 00 pra 1. 17 uu jNortn. pia..ia Am. Steel Hoop... 1S& do Dfd RR Hocstng Coal .... 13H tiocKing vauev . . a Illinois Central ..110 Am. Steel & W 33 do pfd 73 lowa central .... iu Afti. Tin-Plate ... 2251 do pfd ..... 42 do pfd 71) K, C P. & Gulf. 15H Am. Tobacco 034 Lake Erie &. "W v.. ZOiS 00 pfd ...12S do pfd 0: Anaconda M. Co.. 44'A Lake Shore 100 Louis. & Js'aah... 7 'nhattfin L S9"i Ufa Cfr T. 19 Bivokljn R. T. E5 Cont. Tobacco do nfd 1 ." 05JS .181 . 83U . 03 . 224 Federal Steel Mexican Central. llt do pfd ..... Aimn. & st. ii ot do rfd 94 Gen. Electric Glucose Supar flo pfd Intnl. Paoer . Mo. Pacltle 50 Mobile & Ohio... 3S ; Mon.. Kan. & T.. 0 do pfd ..... us do pfd 30 N. J. Central 120M N. T. Central 12S'4 Norfolk & V"rat,. 33?8 do pfd. 77 North. Pacific ... 37H do nfd 7U4 LaClede Gaa.,...,. 74 National Biscuit .. 311& fld pfd SO National Lead .... 19U, do pra i OK. National Steel ... 24 do pfd 83'i Ont. & "Western. 20" N. Y. Air Brake.. 131 O 'R. & N..7 42 INorth American.... 15 uo pfd 78 jPdcifle Coast CO Pennsyhanla ....lZSH! do Jsts pfd e"( Reading 1G& co 20s pfd 02 Pacific Mall 31 People's Gas 0S Pressed Stel Car.. 40 4o pfd 71 R. G. W 50HI ao pra ...,.., w St. L. &.S. E. ailPulIf Pal. Car...JlS0 do lsta'cfd..... 07 stand K, & t... 5 Susar ,.-.?....,121S4j do 2ds Tfd..... 355i St fc. & 67 W..-10U' 26HJTenn. Coal & !.. 09 ao- pra ........ no do ofd. Et. Paul ...,.llls! U. 3. "Leather .. 10i do pfd ,.110 do pfd . BS4 St. P. & Omana.105 jD, S. Rubber a south. Taclfle 3.W d pfd 03 78U 80 Southern Ry 10;- (Western Union f nfd 02V Kep. l. & 5. Texas Pacific 14HI do pfd THE WORLD'S NEW BANKER. United. States Supplying England With Money. . LONDON, Aug. 8. The allotment of 3.000,000 of the 10.000,000 warvloatr-to the United States Is received In the "higher financial world as- a good thing for Ion don in the present position of the. Eng lish banks. The "broKcrs and small, in vestors severelj', almost passionately, crit icise tho Chancellor "of, the Exchequer, Sir Michael Hicks-Beach, for privately arranging- for half, of the so-called public loan and allowlhg the Investment "plum" to go out of-the country. The Bank of England advised Sir. Michael to accept the American offer, which was made early last week" through J, P. Morgan & Co., and the Barings, the olnt takers, pointing out that this "was-an easy ahd natural way to bring in gold and save the exports to the United States In October. Otherwise tho bank rate might have to be raised to 5 or,. C .per cent and extraordinary measures would have to be taken to increase the gold reserve. The critics of the Chancellor of, the Exchequer point out that the loan was worth 3.9 per cent; that it was so excellent a thing that every -pound should" have been kept here; that even if the American offer was -accepted it should have been done differently, and that, to ask for subscriptions to ten mil lions when five millions were already al lotted, was rather tricky. Generally, however, there is a feeling of satisfaction in financial circles over the easier mohoi" "prospect. The Financial News refers to the United States as "the world's ne"w bank er." Forclsrn Financial News. NEW YORK. Aug. 8. Commercial Ad vertiser's London financial cablegramr Business was not Increased In the mar kets 'here today, but the tone was more cheerful, on tho expectation of cheaper money in the immediate future- .Later prices went off. Americans were feature less, and changes fractional. Tlntos re acted.' Call money" was up on prepara tions to pay the first Installment 6fi ,tho war loans. The July trade returns show "Imports Increased 0.S per cent; exports S.8 per cenlr -the latter being almost entirely In coal. iThe Bank bought 27,000 ih gold bars, arid lost"2G,0C0 to South Amer ica. There is considerable irregulation h,cre because of the large part': of tho exchequer bonds allowed to America. Henry Gold Exports. NEW YORK, -Aug: S.-jTentatl've ar rangements made yesterday were com pleted today for gold exports byHeidel back, Ickelheimer & Co. of $1,000,003, foOO, C00 to go to London and $500 000 to go to Paris, and Lazard Freres of $1,000,000 to go to Paris. This makes a total thus far for the week of $4,750,000, of which $3, 2C,O0O goes to London and $1 500,000 to Paris. No further sums far the French steamer tomorrow can be learned of, but exchange bankers express the opinion that further shipments may be made by Saturday's steamers. An engagement by Ladenburg, Thalmcn & Co. of $600,000 makes the total shipments of gold thus far $3,200,000. Money Exchange, Etc. SAN FRANCISCO, Aug. 8. Sterling on Londonj 60 days, $4 S3; sterling on Lon don sight. $1 S9; Moxican dollars, 49 49ic; -drafts, sight, 40c; drafts, telegraph, NEW YORK, Aug,, 8. !tqney on, call, 14 per cent; prime mercantile 'paper, 4(g'5 per cent; sterling exchange steady, with actual business in Dankersbills at $4"SS for demand and at $4 84 for 60 days; posted rates, $4 85V44 9; commercial bills, SS'ffSGSic; silver certificates.. 61(J G2iAc: Mexican dollars. 4$M:c; Government bonds, weak; "state bonds, steady; rail road bonds, irregular. LONDON, Aug. 8. Money, ,34 per cent; consols, DSc. '" LoRntngr Money io England. NEW YORK. Aug-. 8. Barlnrj, Magoun & Co. today announced that $28,000,000 of the British exchequer loan had been alloted to subscribers in the United States. The total subscriptions In this country they said exceeded ?55,O0O,O00. Stoclcs in London.. LONDON, AU-r. 8. Atchlson,f 27&- C. P. R., S74; Union Pacific preferred, 77Vfcs Northern Pacific preferred, 43; Grand Trunk, 62; Anaconda, S1"). THE GRAIN MARKETS.. Prices for Cereals in European and American Ports. SAN FRANCISCO, Aug. 8. Wheat Spot, quiet; call, reak. Barley and oats quiet. Spot ciu'otations'were: l Wheat Shipping No. 1, "103; choice, Jl 05; milling, fl 03?41 11. Barley Feed, 757To; brewing, S5g90c. Oats Good to choice white. ?1 17"t Zo; gray. ?1 101 20; red," ?1 lSl 22U. Call board sales: ' , Wheat Weak; Deeamber, ?1 1S; cash, $105. Barley No sales. Corn Large yellow, ?1 1741 2d. " Neiv Yorg Grain and Prodnce. NEW YORIv. Aug. S. Flour Receipts, 18,056 barrels; exports, 23S5 barrels; mar ket, steady. Wheat Receipts, 54,575 bushels. Spot, weak; No. red, 79ic; elevator, 82"4c f. o. b. Options opened easy through the Influence of unexpectedly weak Eng lish cables; afterwards they sold off still further, as a result of liquidation, small seabord clearances and large new wheat arrivals In. the. Northwest, and closed weak at fc decline; March closed, 85c; September, 80"c; Decem ber, 82c. Wool Qnlot. Hops Quiet. Chicago Grain and Proddce. CHICAGO, Aug. 8. Wheat traders were not looking for lower cables today fol lowing the sharp advance yesterday In this market, and when Liverpool reported a decline of V&& the effect Was marked. Opening prices in September showed a de cline of "4c, and another .good-sized fraction was knocked off the price before the session had progressed very far. Liverpool reported the decline ihers was due to improved weather conditions In England. As there were no especially bullish features to the domestic condi tion, and as the weather was too hot for traders to take much Interest, the' mar ket after the first half hour degenerated Into a skirmish between scalpers, with a perceptible undercurrent In favor of the selling side. What iktle support the mar ket did receive was chiefly from local traders, outside interest being apparently entlrely absent, and the market ruled heavy until the last hour's trading, when It became rtally weak. Selling pressure by those who were on the buying side yesterday became heav ier, while there was no Increase In the demand. Following the open decline, to 757S cents, September eased off to 75U 75c. It recovered slowly to 76c, which price was reached in one 'or two minor transactions, and then gradually declined until shortly before the close the market' touched 75&C. Tha close was heavy 'at TaTsC. Cjarn was ' dull and Heavy for most of do lsts pfd 58 do 2ds Tifd...... S the session. September closed "slOtaC, low er at 75"c-. Oats were dull but comparatively steady In view of the -weakness In other grain markets. September closed &"4c lower at 21?ic Provisions "were almost at a standstill. The grala weakness had some effect early, causing enough local selling to de press prices a little all around. Packers were fair buyers against cash sales, all reporting a good cash demand for meats. At ihe close, September pork was 10c lower, -lard 2"ic lower, and ribs a shade lower. "the leading features ranged as follows: WHEAT. Openlng.'SlKhesL Lowest. Close. ..$0 75- $0 75Vi $0 74 $0 74 C. 7CV 70 75 75- August . . September October . . ... 7G& 764 CORN. August ZS ZSTii September .. . 3SH - SSH October! ...... 87 37 OATS. August 21 21 September ... 21 22 October 22 22& MESS "PORK. 37$ 37 37 214 21U ?i4 September ...1165 October ......1165 1165 1183 1175 11 80 11 771.4 11 bO- LARD. 085 065 0 87 6 8714 0 70 0 70 SHORT RIBS. 7 15 7 15 7 15 7 15 September October . January , 660 OSS 8 07 7 12U 7 07H 0 07, 0S2 0 87$ 6 70 September 715 7 10 GIO octoner January ..,,. 0 07 0 10 Caen, quotations were as follows: Flour Steady. ' Wheat No. 3 Spring, 6971c; No. 2 red, 7&77c. 1 Corn No. 2, 39c. " Oats No. 2 white, 2324c; No. 8 white, 23J4(324'Ac. Rye No. 2, 49?4c. Barley Fair to choice malting. 3T43c. Flax seed No. 1, ?1 32; No. 1 North western, $1.32t. Prime timothy seed, $3 203 25. Mess pork, $11 7011 SO per barrel. Lard, $8 80 per 100 pounds. Short ribes sides (loose), STIO" 40; dry salted shoulders (boxed1, 6Juc; short clear sides (boxed), ?7S57 70..' Clover, contract grade Old, $3 40; new, 59. On the produce exchange today, the butter market was firm. Creamery, 15 20c; dalry 1417c. Cheese dull, 910c. Eggs firm. Fre3h, 12c. Rcelots. Shlrm'tv Flour, barrels ..1 25.000 Wheat, bushela 2G5.000 Corn, bushels 240,000 Oats, buh?ls 722.000 Rje. bushels 5,000 Barley, bushels 24,000 15.000 noi.ooo 5S5 000 183,000 :,ooo Enropcnn Grnln Marlcets. LONDON, Aug. 8. "Wheat cargoes on passage, firm; cargoes Walla Walla. 29s 3d; English country markets generally 6d dearer. LIVERPOOL, Aug. 8. "Wheat, easy; "Wheat and flour In Paris, strong; French country markets, firm. Wheat Spot, firm; No. 2 red Western Winter, 6s 3d; No. 1 Northern Spring. 6s 4d; No. 1 Cali fornia, 6s SagCs 3id. Futures, quiet; Sep tember. 6s l&d; December, 6s 2d. Corn Spot, firm; American mixed new, 3s lid; do old, 3s lld. Futures, quiet; September, 3s ll'd; October, 3s llsd; November, 4s. 5.W FRANCISCO IHATUCETS. SAN FRANCISCO, Aug. 8. Wool Spring, Nevada, 1315c; Eastern Oregon, 10l5c; Valley, Oregon, lS.0c; Fall, Northern mountain lambs, 1012c; moun tain lambs, SCTlOc; San Joaquin Plains, S10c; Humboldt and Mendocino, 13 14c. Hops '99 crop, 110ji3c Millstuffs Middlings, $17(320; bran, $12 50 013 50 per ton. , Hay Wheat, ?S(gl2; wheat and oat, JS 11; best barley, $S 50; alfalfa, $G&7 50t stock, $3Q5 50; compressed wheat. ?5S;i2 per ton; straw, KitreSTc per bale. Potatoes River Burbanks, 35Goc; Early Rose, COToc per cental; sweets, llic per pound. Vegetables Onions, 7300c per cental; garlic, Qh'SZlic; green peas, 2SJ3c per pound; string beans, l,g?3c; dried okra, 32c per pound; egg plant, S10t; per pound; cuchmbers, 2030c per box. Citrils fruit Oranges, navels, 2 CO; Mexican limes, 6"; common California lemons, $1 5032 75; choice, $33 50 per box. Bananas 51 E02 50 per bunch. Butter Fancy creamery, 23'?I24c; do sec onds, 2122c; fancy dairy, 1920c; do sec onds, 17S13c. Cheese American, new. 9!gl0c per pound; Toung America, 9&SJ10c; East ern, Mn417c Eggs Store, 1518c; fancy ranch 23c; Eastern, IS'SlSc. Poultry Turkeys, gobblers, 910c; do hens, 10llc per pound; old roosters, ?3 50 4 per dozen; young roosters, $4 oOQ'C; small broilers, 51 732 23; large do, S3 3 E0; fryers, 53 E04 50; hens, $44 E0 per dozen; geese, $11 25 per pair. Receipts Flour, jquarter sacks, 13,600; wheat, centals, 1700; flcur, Oregon, 10,100; barley, centals, 67C0; oats, centals, CS00; do Oregon. 00; potatoes, sacks, 4100; bran, sacks, 800; bran, Oregon, 7200; middlings, Backs, 00; hay, bales, 600; wool, bales, 100; hides, 500. EASTEHST LIVESTOCK. CHICAGO, Aug. '8. Cattle Receipts, 15.000, Including 3000 Westerns and 600 Toxans. Natives and Westerns active; strong to 10c higher. Natives steady to strong. Good to prime steers, $5 50g6 05; poor to medium, $4 755 40; selected feed ers steady, 54 00tf4 73; mixed stockers slow, 53 003 75; cows, $3 004 50; heifers, 13 20tf 5 00; bulls steady,- J2 604 50; can ners weak, ?2 20512 75; calves strong, 53 00 (86 70; Texas fed steers; $4 SOS'S 20. Hogs Receipts today, 22,000; tomorrow, 20.0C0; left over, 3500. Opened 5c higher; closed easier. Top, 55 57; mixed and butchers, $5 205 57; good to choice heavy. $5 05 27; rough heavy, 55 00(g 5 15; light, 55 205 57; bulk of sales, 55 305 45. Sheep Receipts, 14,000. Sheep, weak to 10c lower; lambs, strong. Good to choice wethers, $4 30ff4 45; fair to choice mixed, 53 To 20; Western sheep, 54 SO'9'4 50; Tex as sheep', 53 15(54 20; native lambs, 54 15 5 53; Western lambs, 54 75(g5 50. OMAHA, Aug. 8. Cattle Receipts, 4700. Market steady to strong. Native beef steers, 54 305 60; Western steers, 54 25(j?4 0; Texas steers, 53 TS 25; cows and heifers, 43 005?1 20; canners, 51 50 2 75; stockers and feeders, 53 504 65; calves, 53 005 50; bulls and stags,' 52 90 4 30. Hogs Receipts, 8500. Market, shado higher. Heavy, ?3 13((?5 25; mixed, 55 15 5 17; light, 55 105 17; bulk of sales. 53 1E5 17. Sheep Receipts, 5300. Market, steady to lower. Fair to choice natives, 54 20g) 4 50; fair to choice Westerns, 54 004 30; common and stock sheep, 53 253 GO; lambs, $4 505 30. KANSAS CITY, Aug. 8. Cattle-Receipts, 11,000. Market opened steady to 10c lower. Texas steers; $2 75515; Tex as cows, 52 65(g3 50; native steers, $4 00 5 70; native cows and heifers, 51 754 50; stockers and feeders, 53 254 60; bulls, 52 753 55. HogB Receipts, 11,000. Market strong to 6c higher. Bulk of sales, 53 255 32; heavy, 55 22 33; packers, 55 22 5 32; mixed, 55 2C5 SO; lights, 55 12 5 32; Yorkers, 55 22g5 32; pigs, $4"25 5 15, - Sheep Receipts, 3000. Market, steady. Lambs, 54 50 J 60; muttons, 53 004 25. Boston Wool Marlret. BOSTON, Aug. 8. The American "Wool and Cotton Reporter will say tomorrow: A fair business has been transacted In the wool market during the past week. The demand cannot as yet be considered as very excessive. Consumers are still conservatively in clined. They are judging their purchases In accordance with actual requirements, and are; still disposed to do a good bit of "chopping" before finally, purchasing. The manufacturers are especially looking Chicago Board of Trade New York Stock Exchange Room 4, Ground Floor BOTH TELEPHONES CAPE S. S. DESPHTGH Sails on Her Second Trip on or About July 20, 1900 This Is the only exclusive livestock steamer in the 1 1 INbme trade, Bookings now being made, FOR ltATI3S A?TO INFORMATION APPLY T? CALIFORNIA & OREGON COAST S. ,& CO. r. P. BAUWGARTN2R, Agent, 233, Washington 3r. 311 tell ell & Co, General Acent. Snn Pmi:cico. W. A. Pacific Coast Steamship Co, FOR THE NEW PALATIAI STEEI. STEAMSHIP SEXVTOUw lull sail (rsm Ssatlle and Tacoma tit or about Autnt 6, and Srptnbcr 5. The "Senator" has a capacity or 25C0 tons. Her second cabin and steerago accommodations are superior to the first-class accommodations of moat of tha steamers advertised for Nome. The Pacific Const SteamM? Company has been running its steamers to Alas kaWinter and Summer for 23 years, and is the pioneer Pacific Coast Mne. Seat tle freight and passenger rates apply from Portland. For further Information Inquire of GOODALL. PERKINS & CO.. General Agents. 10 Market. San Fran cisco, or X. POSTON. Aecnt. 243 Washington St., Portland. Or. an- Regular Steamer Service From Mew York to San Francisco Portland and Honolulu. F. S. AMERICAN, of over SOOO tons carrying capacity, the flrst vessel to load, will sail from New York. September 1. and after discharging her California freight at San Francisco, will proceed direct to Portlnd. Freight received after August 1 at company's new covered pier, foot of Forty second street. South Brooklyn. New York. For rates of freight and further particulars, apply to THE CHARLES F. BEEBE COMPANY, Agents. Portland. Or. FLINT. DEARBORN & CO.. 11 Broadway, New York. General Agents. for weak spots, but do not succeed In finding them. The tendency of prices is firm, and holderS In some Instances have been able, to get slightly better prices in some lines than they could have ob tained two cr three weeks, ago. While the new light-weight season has not started in as actively as seme antici pated, the present season continues to develop. In the We3t, potably In Montana, thero has been more activity In new wocls late ly, at firmer prices. The sales of tho week amount to 2.541,600 pounds domestic and 407.000 pounds foreign, as against a total of 326S.50O for the previous week, and-6,S91,CO0 ior the" corresponding week last year. The sales since January amount to S0, S99.7C0 pounds, against 170,377,000 pounds for the; corresponding time last year. The Metal Markets. NEW YORK, Aug. S. Tho metal trade today was slow, generally with a weak undertone prevailing. Tin in London came 1 s lower, and caused a decline of 30 to 33 points here, with the spot mar ket finally closing easy in tone at $31 63 31 95. Pig-iron warrants were weak and nominally quoted at 11 50. Lake copper continues dull at 51G 50. Lead also ruled dull at 54 25, and spelter dull at 54 17 4 22. The brokers' price for lead was 51, and for copper 516 50. Bar silver, COTic SAN FKANCISCQ, Aug. 8. Bar silver, 61c. LONDON, Aug. 8Ear silver, 23d. Coffee and Sngnr, NEW YORK, Aug. S. Coffee Options closed firm, 10 to 30 points net higher. Sales. 26,250 bags. Including: September, 57 S07 90; November, 57 S38 00; Decem ber, $3 058 10. Spot Rio firm; No. 7 in voice, 9Vic. Mild quiet; Cordova nominal. Sugar Raw steady; fair refining. 4Mc centrifugal, S6 tost, 4 13-16c. Refined steady. PROSPEROUS SPOKANE. 3Incb. Bnlldins Tills Season Mining Outlook; Never Better. R. T. Daniel, one of Spokane'3 pioneers and leading real estate and mining men. Is registered at the Perkins Hotel. Speak ing of crop prospects in Eastern Wash ington, he said: "I have been all over the entire agri cultural portion of the "state within the last two weeks. I am sorry to state that crops are far shorter than anticipated a month ago. The continuous dry weather and hot winds has almost entirely de stroyed Spring wheat, while oats will hardly make one-half of a crop. Fall wheat will produce one-third to one-half los3 than wa3 anticipated before harvest begun. HarveGt wages are "higher than, they have been for yers. Farmers have bought machinery freely anticipating- a large crop and good prices,- but a short crop and low prices will naturally leavo them hard up this Fall." " As to the mining outlook, Mr. Daniel said: ' "It was never better than at the pres ent time. Legitimate mining is being prosecuted 3 never before. The Coeur d'Alene district Is going" ahead by leaps and bounds. Since the settlement of the moor irouDies every mining property that has merit Is being developed to Its fullest capacity. Since it has been de cided that the eight-hour law hag come to stay in British Columbia, miners arid mine-owners have adjusted their troubles and an equitable settlement has been reached and all have gone to work in dead earnest. Every camp in the entire province lying north of Spokane Is be ing developed as never before. On the Colvllle Reservation mining Is being pros ecuted in every quarter, wltn splendid results. 'Wlldcatting is a thing of the past and everything has settled down to legitimate and honest mining, and I am looking forward to a prosperous era in the mining districts adjacent to Spo kane, for some years to come. We arc just getting some of our big mines on a paying basis, since their development was begun some five years ago. In a few Mormon Bishops, Pills Chsrch oa tner low iwcri. couuiht OI jeiiKJOK. ojkjkmh, exenjej, or errrr rarxnos. Doni rzt despondent, a erzaos. Stimulates the bnln ml nerrs centers, yrz z box, or money rtfnzded, wUh Wxaev. circulars fise. Address For sale by AldTlcb Pharmacy. Sixth potaneyi tost Powerv MJsnt-tosaaa, Spormaiorrnooa insomnia, pa na In CacU, cil Ocalres. S-imlrml bmlsilois. tan Jact, worjouo Tie billty, Heaclacho.Ur.utness to fttarry, uoasor 2S7TW Seman, Varlcccqlo, or conc-loatlon, Stops Quicknetr. cf Oic- aTfaB Phnr28 Stopa cr vnlfn Tw Th nty F FWnllrl. fcilfdi 3ia lsiaeuu e. wAa Jmoart Yltrot a&il natoncv IA Hopkins & Co. 5ROKERS Chamber of Commerce NOME NOMt direct nan bteamsmp months wo will hAve them paying divi dends, which will attract new capital to us. and, of course, Spokane being In the heart of one of the best mining dis tricts In the United States, will naturally keep pace with her surroundings. "There are some 2000 residences under course of con3trution this season and some 50 business blacks, and the beauty of It all is, that most all Improvements made in the last three years are by men, who own and occupy them themselves and have the money to pay for them when completed. Seldom a mortgage goes on record these days. Spokane Is des tined to become a great city. The entire business portion will be paved with asphalt this season by the time our Fruit Fair or Exposition opens this Fall, Spokane will be one of the prettiest and most prosperous cities In the Northwest, but I cannot overlook Portland. We have been trying hard to shut her out of our territory for several years, but In spite of our efforts, she continues to do a larga wholesale and retail business right in our city and surrounding country,' I am hero to buy plpo and material for & water sys tem north of Spokano which should bo sold from that point. butPortland deal era can save me considerable money and that always tells with .Business men. I must admit that I ant Jn love with Port land and may become interested and mako my headquarters hero part of my time. I am ncgotialing for sheep rango in Eastern Oregon and as soon as ar rangemen,t3 have been completed, which I think will be fa a few days, will pur chase and place upon tho range, If se cured, some 10,000 head of sheep. Had I the slightest Idea that Bryan was to be our next" President I would not put one dolIar,"into the business, as sheep will makeno money, tor the owners un der Democratic free tariff system. Spo kano 'wjtll send somo two or threo run dred people to your street carnival next month and will expect as many to attend our; exposition In October." Tho average Chinaman possesses a re markable memory. Ha will learn to maka himself understood In almost any for eign language in lesa than half tho timo It requires an Intelligent Englishman or American to make himself understood lit any one of the many Chinese dialects. PRIMARY, SECOJIDAW 03 TERTIARY BLOOD POISCM Permanently Cured. You can bo treated at home- under samo guaranty. It you havo taken mercury. XMliTtf potash, and, still: bfcie achea an4 -paine-. ilucous. Batches to. "Mouth, Soro Throat. PlmBles, Coppcr-Colomt -Spott , Ulcers on any parX of tfia body. Halriit5Ss;ebrowa tall Ins ouf, wrlto- COOK REMEDY CO. 1K Masonic Temple, CMcaso, 111., for proof of cures. Capital. $300,000. "Wa solicit tho moot obstinate cases. We have cured th worst coses in 13 to 35 days. 100-paea- Boole Free. 'QJ.DEST! SAFEST I BEST! MONEY WILL EARH 10 A MONTH. The Investor's Fund pa7S sctal-monlhly. The driest established In America. Xo certificate nokterhas ever lost a cent. Faymcott made to all subscribers every 15 Uas. Na trouble, ho delay. Money refunded on demand. Write to-day lor par Oculars, free to any addnsu '. K. MAIKEY & TO.. Band DeT No. 100. Hudson 3ui!ding, New Toria Elff Sun non-pofaonouS rataedy tor Gonorrhoea, Gleet, Spermatorrhea a, Whites, unnatural dU; charge, or any inflamma tion of mucone rotm THttYAWCHEHlCJllCo. branen. Kon-astringonti CMCuwvn.o.r""? StoItl b? THffeit, or eent In plain TrrappBT, by expre-w, prepaid, for Jl m. or 3 bottlM, p 73. iv Circular sent oa rtQBMfe aTsUiia use over so yaus by tin leaden of the Mormon cum tie woirt cas fa old aad yaumr aritJni Crona effect! eiTecc - Macr. CUT05 1-OOj niinnoodi If cars Is at hind. TiErtiZi Ilsstore small. U3deelooed 6 Ar ja by aiil. !"T""W A 7ritt:n guaraates, to curs QIahoD Komady Co., San Pranclacoj CaU and Wasblsstcn streets. Portland. Or. pznrShf&mmm iia) sat ta nrMisr. ISbM X x o. o. a. j. i