THE MORNING OREGONIAN, TUESDAY, JUNE 4, 1901.
11
COMMERCIAL AND FINANCIAL NEWS
local markets yesterday had their
usual amount of Monday business. Dress
ed meats are lower, decline being most
conspicuous In lamb, mutton and pork.
Veal Is a. little steadier. Receipts of mut
ton from Eastern Oregon since shearing
time have much enlarged, and meat that
went Into cold storage last' week on ac
count Of COld Weather is now rtonrpwsfnir
tixe market. Poultry was very dull yes- T
icruay, biockb carried. ovr .from last week
being sufficient for all orders. Eggs were
weak and unchanged. Supply continues
large. Best .butter was firm, and store
weak. Demand, for. the latter Arm. Cali
fornia has been light recently. Dealers do
not regard' advance In creamery as prob
able at present.
Strawberries are coming In freely and
yesterday declined to 10c. Local fruit Is
taking the place of Hood River and
Southern "Oregon, although held hack by
cool weather. Part of the weakness of
meat and -eggs la attributed to consump
tion of strawberries. The. vegetable mar
ket la well stocked "with home supply, and
Importations trom. California are smi.Il.
Oregon cabbage and cucumbers arc In
creasing In receipts. California cherries,
apricots, peaches and .other fruits are In
full supply.
cent would be declared on the common
stock nextimonth. Silver was harder.
Clenrlns-Honsc Statement.
Clearings. Balances.
Tacoma $209,086 $ 41.6-15
fe&,"le 600.545 128.764
Spoicaae 264,460 34,300
PORTLAND MARKETS.
Grain, Flour, Etc.
The July option was showing consider
able strength In the East yesterday and
the close was a cent above Saturday's
figures. The European market was steady
on futurcb, and higher on cargoes. The
local market is a little firmer, but 60 cents
was the best bid for Walla Walla yes
terday, with no sales reported. There is
no spot or near-by tonnage offering, and
that which Is under charter Is so well
provided for, that buyers are not forcing
matters. The business from now on un
til the new crop commences to move will
fee largely of a "cleaning up" nature.
Freights are firm, with no new transac
tions reported.
Wheat Walla Walla, export values.
960c; blueetem, Gl62c; Valley, nominal.
Flour Best grades, 52 903 40 per barrel;
graham. J2 60.
Oats-White. Jl &A1 35; gray, 5130
1 S2H Per cental.
Barley Feed. ?1717 50; brewing. 517
17 50 per ton.
Millstuffs Bran, 517 per ton; middlings,
52150; shorts, 520: chop. 516.
Hay Timothy. 512 5014: clover, $70 50;
Oregon wild hay. $67 per ton.
Vegetable. Fruits, Etc.
Vegetables Onions, California red, 51 50
cabbage. 51 50 per cental; potatoes, 90c
(55110 per sack; new potatoes, 2c per
pound; celery, 755e per dozen: tomatoes,
$1 50S1 75 per box; asparagus, 51 per box,
40c per dozen; rhubarb, llc per pound;
peas, 4c per pound.
' Fruit Lemons, choice. 52; fancy, 52 B0
2 75; oranges. 51 7502 50 lor navel, 51 600
1 75 for seedlings, per box; pineapples.
554 50 per dozen; bananas, 52 25Q3 per
bunch; Persian dates. 6c per pound; ap
ples, 522 50; strawberries, 10c per "box.
Dried fruit Apples, evaporated, 5Gc
per pound; sun-dried, sacks or boxes, 2
4c; pears, SSc; prunes, Italian, 57c; sil
ver, extra choice, 5g7c; figs. California
blacks, 5c; flgs, Caliiornla white, 57c;
plums, pitless, white, 7Sc per pound.
Batter. ge, rcnltry. Etc.
Butter Fancy creamery, 1517c; dairy,
13S?Hc; store. 1012c per pound.
Eggs 1212V4c per dozen.
Poultry Chickens, mixed, 53 504; hens,
54S"5; dressed, 11 (g 12c per pound;
Springs, 51 W&3, per dozen; aucks, 55 for
old, 567 for young; geese, 55 506 50 per
dozen; turkeys, live, 10S?12c; dressed, H
6d per .pound.
Cheese Full cream, twins, 12c;
TToung America, 1314c per pound.
Groceries, Nuts, Etc.
Cotfee Mocha. 2328c; Java, fancy, 26
J2c; Java, good, 2024c; Java, ordinary;
lB20c; Costa Rlcl. fancy lS20c; Costa
Rica, good, 16Q18c: Costa Rica, ordinary.
1012c per pound; Columbia roast. 511 75;
Arbuckle's. 512 65 list: Lion, 512 05 list.
Rice Island, 6c; Japan. 5c; New Or
leans, 45c; fancy head, $77 50 per sack.
Sugar Cube, 56 50; crushed. 56 75; pow
dered, 56 10; dry granulated. 55 90; extra C,
.$5 90; golden C. 55 40 net; half barrel, ic
more than barrels; sacks, loc per 100 less
than barrels: maple. 1516c per pound.
Salmon Columbia River, one-pound
tails, 51 502; two-pound tails, 52 252 60:
fancy one-pound flats, 522 25; &-pound
iancy flats, 51 101 80; Alaska tails, 51
1 25. two-pound tails, 51 902 25.
Grain bags Calcutta. 57 per 100 for spot.
Coal oil Cases, 19&c per gallon; barrels,
lE&c; tanks, 18c
Stock salt 60s, 514 75; lMts, 514 25; granu
lated, 50s, 520; Liverpool, 50s, 521; 100s.
520 50; 200s. 520.
Nuts Peanuts, G&7c per pound for
raw. 9c for roasted; cocoanut 9c per
dozen; walnuts. HKgllc per pound: pine
nuts. 15c; hickory nuts. 7c; chestnuts. 15c:
Brazil, lie; filberts, 15c; -fancy pecans, 12
14c; almonds, 1517V4c per pound. '
Meat and Provisions.
Mutton Lambs, 4c per pound, gross;
dressed, 77c per pound; best sheep,
"wethers, gross, with wool, 54 254 50;
sheared. 53 503 75; dressed, 66c per
pound.
Hogs-Gross, heavy. 55 756; light, (4 75
&o; aressea, e per .pound.
Veal-Small. 7Sc;Iclarge. 6&7c
Bound.
Provisions Portland pack (Shield
Brand) hams, 13c: picnic. 9&c per pound;
breakfast bacon, .lhW316c per pound;
bacon. 12c per pound: backs, llftc; dry
salted sides, llc: dried beef setts, 15c;
Jcnuckles. 17c; lard. 5s, 12c; 10s, llc: 50s,
215ic; tierces. lUic; Eastern pack (Haml
xnotid's), hams, large, 12c; medium, 13c;
email, 13V&c; picnic, lOVic: shoulders, 10c;
breakfast bacon, 1417c; dry salted sides,
1012c: bacon, sides, ll?i13c; backs,
ISttc; butts, llc; lard, pure leaf, kettle
rendered, 5s. 12c. 10, Uc; dry salted bel.
lies, lU413c; bacon bellies. 12Hc; dried
beef, 15c.
Beef Gross, top steers. 555 25; cows
end heifers. 54 504 75; dressed beef, 7
7c per pound.
per
Hops, Wool, Hides, Etc.
Hops 12314c per pound.
Wool Valley, H13c; Eastern Ore
gon, 7gHc; mohair, 2021c per pound.
Sheepskins Shearlings, 1520c; short
wool, 2535c; medium-wool, ?050c; long
,wool, 60(351 each.
Tallow 3c; No. 2 and grease. 22c
per pound.
Hides Dry hides. No. 1, 16 pounds and
upwards, 14I5c: dry kip. No. L 5 to 16
pounds, l415c per pound; dry calf No. 1,
(sound steers, 60 pounds and over, 7Sc;
do, 50 to 60 pounds, 77&c; do under 50
pounds, 6H7c; kip, 10 to 30 pounds, 6&
5c; do veal, 10 to 40 pounds; 7c; do. calf,
under 10 pounds. 78c; green (unsalted)
lc per pound lees; culls (bulls, stags,
moth-eaten, badly cut, scored, halr
ellpped, weather-beaten or grubby), one
third lees.
Pelts Bearskins, each, as to size. 55
JO; cubs, each, 525; hadger, each, 1040e;
wildcat. Jt575c; house cat, 520c; fox,
common gray, 3050c: do red, 51 502;
flo cross, 55K; lynx, $23; mink. 50cl 25;
marten, dark Northern. 56P12; do pale
pine, 51 E02; muskrat. 510c; skunk. 25
$5c; otter (land). 557; panther, with
head and claws perfect, 525: raccoon. 30
S5c: wolf, mountain, with head perfect,
93 505: prairie wolf or coyote, 6075c;
wolverine, 54&7; beaver, per skin, large. 53
6; do medium, per skin, 537; do small,
per akin, 512: do kits, per skin, 5075c
XEW YORk STOCK MARKET.
Speculation Wai Spirited, bat Large-
ly Professional.
NEW YORK, June 3.-Speculatlon In
stocks was again very animated today.
and the dealings showed A substantial ex
pansion over those of Friday. Both in
characterand volume of trading, the mar
ket bore a close resemblance to that In
the boom period. There was an Increas
ing demand on the -part of outside public,
but t;he. market still continued for the
most part In the hands of professional
operators and the larger speculative Inter
ests. Much of the buying Is predicated
upon tne confident assumption that the
powerful financial Interests of the coun
try have reached a determination hy tacit
agreement to advance prices to a higher
level again and to attempt to renew the
speculative conditions orevalllne before
the upBet In the second week of May.
Buyers or last week were very heavy
sellers to take profits today, and this
selling caused a very general reaction af
ter the opening advance. After the first
general reaction the policy was adopted
to advance first one and then another
stock In sequence. Realizing was continu
ous under cover of these movements, but
the net result of the day's trading was a
substantially higher level of prices. At
the close, after a day of great activity
and Variety, the steel stocks were conspic
uously under pressure of realizing after
the opening rise and closed on the down
grade with only fractional gains.
Very conspicuous strength was shown
by St. Raul, Union Pacific, Southern Pa
cific, Missouri Pacific and, In the flnal
dealings, the Readings and Erles. There
waB an Improvement of great speculative
activity In Sugar, which carried that
stock up an extreme 5 points. Amalgam
ated Copper gained Z. The tobacco
stocks, Colorado Fuel, Consolidated Gas,
General Electric and Pacific Mall rose
from 2 to 4. Sugar was affected by the
renewed conviction that an understanding
existed between the competing Interests,
la the market -there was large specific
news to account for the activity and
strength beyond the general belief ar
rived at In the Northern Pacific dispute
carried with it an assurance of concord
among all the great railroad powers.
Northern Pacific stock sold at 150, and
the closing was 100 bid and ISO asked.
Only 100 shares were dealt In. One of
the rumors current was that Northern Pa
cific stocks would be exchanged for bonds
to be Jointly guaranteed by Union Pacific,
St. Paul, Great Northern and Cicago &
Northwestern. The speculation was large
ly based on general considerations, such
as that time has demonstrated that the
panic had effected no immediate Impair
ment of the prosperous' business condi
tions, so that with speculative losses ad
justed a renewed advance was In order.
The belief Is prevalent that still fur
ther large readjustments In the relations
and holdings of the great railroad systems
looking towards additional stability of
conditions are still In contemplation, and
it Is argued that the panic In Itself may
have facilitated efforts to concentrate
holdings of railroad securities with these
ends In view.
An easier tone in the exchange market
indicated less probability of gold exports
this week. Bonds were active and strong
In sympathy with stock's. Total sales, par
value, 54,700,000. United States bonds were
unchanged on the last call.
New York Stocks.
JThese quotations are furnished by R. W.
McKlnnon & Co., members jf the Chicago
Board of Trade:
STOCKS.
BONDS.
lOGtft N. Y. Cht. lrts.
U. S. ref. 2s
do coup
U. S. 3s res
do 3s coup
U. S. new 4s reg
do coup
U. S. old 4s rcg..
do coup
U. S. 5s reg
do coup
Dls. of Col. 3-GOb.
Atchison adj. 4s..
C & N.W. con Its..
do S.F. deb. 5s.
D. & R. G. 4b..
Gen. Electric 5s..
Bid.
STQCKS.
The total sales of stocks today .were ,804,000
shares. The closing quotations were:
AtchLoon 8T! Southern Pacific.
10644
109
109
138 Vi
13b V
112 H
113Vs
108:
108'
125
103M,
im:
1024
1854
Nortlj. Pacific 3s.
do 4s
Or.-'-Nav. lBts ....
do 4s
Or. Short Line 03.
do con. 5s
R. G. Y. lsts....
St. Paul cons. . . ,
do C. & P. lsts.
do C. &hP. 5s..
Union Pacific 4s..
Wis. Central lsts.
West Shore 4s..
South. Pacific 4s,
103
72i4
105 &,
109
.as
ir
,184
no
105H
89'A
,113
, 94
do pfd
.104
Southern, Ry..
Bait. A OaiolKM. Mopfd
do pfd 05
Canadian Pacific. 106V4
Can. Southern... iv 1&
Chicago 'Altopk. 47
do pfd .....tl.,.60:
Chl.r, fcMH.t8
TM.. lnto$t,..3(t
do pfd .(..,.:.. 73;
ChL &. East 111.. 129
Chicago & G. W. 22'
ao a pia....... 62
do B pfd 47
Chicago & N. W.202
Chi, R. I. & P.. 104
Chi. Term. & T. 22,
-flo pfd 44
C. C. C & St. L. 85
Colo. Southern ...16
do lsts pfd 52
do 2dft pfd .... 24H
Del. & Hudson.. 168
Del.. LacK. & W.242
D. & R. G 49
do pfd i 974!
Erlq 44
ao ists pro .... 7iy
do 2ds ptd
59
8S
50
22
38
...114
... 91
... 25tf
8
45
73
Texa & Pacific.
Tol.. St. L. &.W
..do ofd
Onion Pacific
ao via ....
Wabash ...... ,A.
,tio pia ,,
Wheel. & X.. E..
do 2d 8 Dfdi....
Wis. Central ..,.
ao pid
P. C. C. & St. L
EXPRESS CO.S
Adams 180
American 188
unuea states .... bt
Well-Fargo 148
MISCELLANEOUS.
Amal. Cop 122
Am. Car & F.... 28
do pfd 83
Am. Linseed Oil. 15
do pfd 44
Am. Smelt. &-R. 59!
do pfd 99
Am. Tobacco ....139
Anaconda M. Co.. 50
Gt. Northern pfd.l8(fii
Rocking Valley .. 54
do pfd 78
Illinois' Central ..143 !
Iowa. Central ... 45 I
do pfd. 62
68V. Brook. R. T.
8?H
Colo. Fuel & Iron.101
Cons. Gas 225
do pfd '.'.1U
Gen. Electric ...239
Glucose Sugar
L. E, & Western. 60 I Hocking Coal
do pfd 120
Louis. Nash... 107i
Manhattan L 120
Met. St. Ry ....173t
Mexican Central.. 26
Mexican National. 11
Minn, & Bt. L... 07
Missouri Pacific. 115
Mo , Kan. & Tex. 32
do pfd 65U
if. J. Central.
H. T Central.... 158
Norfolk &, West.. 54
ao pia 8U
North. Pacific... 100
do ptd 9S
Ont. & TYestern.
Pennsylvania . . .
Reading
do lsts pfd ...
do 2ds pfd ...
St. L. & S. F...
, do lets pfd ...
do Zds pfd ...
St. Louis. S. W.
do pia
4011
oT'4
85
8
44
Intnl. Paper
do pfd .......
Intnl. Power ..
Laclede Gas ...
National Biscuit
National Lead .
National Salt .
do pfd 77
North American.. 90
Pacific Coast 61
159iPaclflc Mall 40
feopie-s uas ....H6i
Pressed S. Car.... 45
do pfd ... 85
Pull. Palace Car.210
Republic Steel ... 19
85 do pfd 75
150lEugar 152
47Tenn. Coal 9c Iron. 01
80i Union B. & P. Co. 12
57! do pfd 70
47U. S. Leather.... 14
86 j do pfd 81
721U. S. Rubbor.... 21
SO do Dfd G2V.
60 u. S
Steel 51A
St. Paul 174) do pfd 90
do pfd 190 (Western Union .. 00
Foreign Commercial Xevr.
NEW YORK, June 3. The Commercial
Advertiser's London financial cablegram
says;
Business was considerably better to--day.
It was In the American department,
however, that activity was most marked,
and these shares furnished the bulk of
business. The buying of Americans went
on steadily throughout the session. Prices
rallied as a result of buying on curb ai ter
the exchange closed. The favorites were
Erie and Southern Pacific, but the feat
ure was easily United States Steel. Pre
dlctlons were that a dividend of 4 per
CULLISON&CO.
Board of Trade and
SUck Exchange Brokers
GRAIN
PROVISIONS
STOCKS ni
COTTON
BOUGHT AND SOLD FOR CASH OR
CARRIED ON MARGINS
f
t :v.4 214-215
' Cnsmberof Commerce
? .C' Portland. Orcf n
Anaconda Mining Co...
Amal. Copper Co
Atchison com
Atchison pfd
Am. Tobaceb com
Am. Sugar com
Am. Smelter com :
Am. Smelter pfd
Baltimore & Ohio com.
Baltimore & Ohio pfd.
Brook. Rapid Transit..
Cnicago & Alton com..
Chicago & Alton pfd..
Chicago & G. W. com.
Chi., Ind. & L. com....
Chi., Ind. & L. pfd....
ChL, Burl. & Quincy..
CM., Mil. & St. Paul..
Chicago & N. W. com.
oni., R. I. & Pacific..
Central Ry. of N. J.....
Chesapeake & Ohio....
Canada Southern
Colo. Fuel & Iron com.
Cont. Tobacco com
Cont. Tobacco pfd
Delaware & Hudson....
Del.. Lack & Western.
D. & R. G. com
D. & R. G. pfd
Erie com
Erie 2ds Dfd
Erie lsts pfd
Illinois Central
Louicville & Nashville.
Met. Traction Co
Manhattan Elevated...
Mexican Central Ry....
Aiissourl Pacific
Mobile & Ohio
Mo., Kan. & Tex. com.
Mo., Kan. & Tex. pfd.
New York Central
Norfolk & West. com..
Norfolk & West, pfd.,
Northern Pacific com.,
Northern Pacific pfd.,
North Amer. ...(new)
N. Y., Ont. & W
Pennsylvania Ry
People's G., L. & C. Co
Pressed S. Car com...,
Pressed Steel Car, pfd,
Pullman Palace Co...,
Pacific Mall S. Co
Reading com ..........
Reading 2ds pfd ,
Reading lsts pfd
Southern Ry. com ,
Southern Ry. pfd ,
Southern Pacific
St L. & S. F. com...
St. L. & S. F. 2cts pfd
St. L. & S. F. lsts pfd
Texas & Pacific
Tenn. Coal & Iron
Union Pacific com
Union Pacific pfd ,
U. S. Leather com
U. S. Leather pfd
U. S. Rubber com
U. S. Rubber pfd
U. S. Sly el Co. com...
U. S. Steel Co. pfd...
Wheel. & L. E. com...
Wheel. & L. E. 2ds...
Wheel. & L. E. lsts...
Wis. Central com
Wis. Central pfd
Western Union Tel...
Wabash com
Wabash pfd
121 11224i
S7. 88
103104
140
148
55
121
6t HJJAt
lfttlAllOt
I141139139
144 1021
152
93100
59 681 59
,1109.
90
83
47
81
23
40
74
isffy
175
205
166
160
51W
721A
102
69
115
O
So
c.2.
50tf! 50 50 50
98.1 99
107108
9o 9a
81 S2ft
43, 47
80
22
39
7314
108
95
82
43
80
23
89
7314
196
172
20a
165
160
50
6S&
101
685.
114
169
243
50
98
43
58
7L
1143
107
ll3M
121121il20
26AI 26W 2bx
112.116112
by w 1 tu
31 UA, 31
64 60; 63
22
39
73
170 1 168
242i242
50
3H!
44
58
71
144
108
196196
!172174
2C3202
1 iw
159Vi
71
101
ss
114
168
Z42
49
37
44
5S
71
143
107
163
1159
50
69'
101
I 67
113
49
97
43
57
70
143
106
159
53
89
174 173 1173
i;i.-r'7Ai .-
26
115
8i
65Vx
158
9S
90
35
159i
If
9S
90
158
53, 54
E8 89
100
97
90
35
97
89
35 34
150 150
llo
1150 H5r
iiuiT MCnts
1 451 46 I 451 46
I 85 86 I 85 S3
IZ1L ZllZlGiZ10
40 41
44l 48
55 57
77 80
34, 35
SS
59
at
46
I 70
S6
48
61
113
92
14
80
21
63
B1U
100
IIS
32
53
2A
44
48
73
86
50
0"4
115
92
15
82
21
63
52
100
19
33
53
21
45
94 j 95
254 26
44 44 43 44
40
475
57
80
35
f9
. i?
50
61
114
9m
14
21
62
51
22 23si
52 I 53
2021
44 44
94 95
24 25
3S
44
55
34
87
56
46
70
So
48
61
113
91
14
79
21
62
51
99
18
Total sales, 1,875,300 shares. Money closed
3(3 per cent.
Money, Exclinnprc, ETtc.
NEW YORK, June 3. Money on call,
easy at 24 per cent; last loans, 3 per
cent; prime mercantile paper, 34 per
cent.
Sterling exchange easy, with actual
business In bankers' bills at $4 88 de
mand and at $4 S54 85 for 60 days;
posted rates, $4 854 89; commercial
bills, $4 S44 85.
Silver certificates, nominally 60a
Mexican dollars, 48c.
Government bonds, steady. '
State bonds. Inactive.
Railroad bonds, strong.
SAN FRANCISCO, June 3. Sterling on
London, 60 days, $4 86; sterling on Lon
don, sight, $4 89.
Mexican dollars, 49(550c.
Drafts, sight, 12"c; drafts, telegraph,
15c.
LONDON, June 3. Consols, 93c. Money
2 per cent.
Treasury Statement.
WASHINGTON, June 3. The state
ment of the Treasury balance In the gen
eral fund, excessive of the $150,000,000 gold
reserve In the division of redemption,
shows: .
Available cash balances $163,138,370
Gold ..... 94,667,631
Officers of Chicago Exchange.
CHICAGO, June 3. Reuben H. Don
nelly was today elected president and
John J. Mitchell treasurer of the Chicago
Exchange. There was but one ticket in
the field for these offices.
Stocks at London.
LONDON, June 3. Atchison, 89; Can
adian Pacific, 108; Union Pacific pre
ferred, 95: Northern Pacific preferred,
101; Grand Trunk," 11; Grand Trunk
preferred, 12; Anaconda, 10.
THE GRAIN MARKETS.
Prices of Cereals at American and
European Ports.
SAN FRANCISCO, June 3. Wheat and
barley futures inactive; spot wheat,
firmer; spot barley, quiet; oats, quiet but
firm.
Wheat No. 1 shipping, 97c; choice,
9Sc; milling, $11 03.
Barley Feed. 7376c; brewing, S0
82c.
Oats Black, for seed. $1 201 37; red,
$1351 45
Call board sales:
Wheat Inactive; December, $1 04;
caBh, 9Sc.
Barley No sales.
Corn Large yellow, Jl S5l 40.
Grain in Enropc.
LIVERPOOL, June 3. Wheat Cargoes
on passage, quiet and steady; No. 1 stan
dard California, 30s; Walla Walla, 30h;
English country markets, dull.
Imports of wheat Into the United King,
dom, 254,000 quarters; Imports of flour
Into the United Kingdom, 259,000 barrels;
wheat and flour on passage to- the United
Kingdom, 3 270,000; wheat and flour pn
passage tothe Continent, 1,9SO,000; Indian
shipments "of wheat to the United King
dom, 28,000 quarters; Indian shipments of
wheat to the Continent, 1000 quarters.
Wheat and flour at Paris weakj French
country markets, steady; weather in Eng
lejid, overcast.
LONDON, Juno 3. Wheat Spot, steady;
No. 2 red, Western "Winter, 5s lld; No.
1 Northern Spring, 6s Id; No. 1 California,
6a l&d. Futures quiet; July, 5s lld;
September, as lid.
Corn Spot, American mixed, new,
steady, 4s; old, quiet, 4s 2d. Futures,
quiet; July. 3s lld; September, 5s lld.
Chicago Grain and Provisions.
CHICAGO, June 3. Disappointing
cables, decrease of quantity on passage
and reports of rains exerted a bearish In.
fluence at the opening of the wheat mar
ket. Under liberal offerlngs'the July de
livery opened to &c lower at 74g75c
Nearly all the wheat put out was taken
quickly by a few commission housqs which
apparently had instructions to buy, lt
respectlve of crop conditions', and1 thence
forth the weather ceased to be a factor.
The crowd that had sold early, having
learned where their wheat was going,
clamored to buy back at the market. It
was rumored that a large commission
house, suld Xo have bought 10,000,000
bushels of July last week, was preparing
to execute n squeezer This became tho
ruling Influence, and July advanced
sharply to 76c. .The temptation to tako
profits resulted In a reaction to 76c, but
ender bull support and an unexpectedly
big decrease In, the visible, the upjward
movement was" resumed until 77c" was
reached. Here the leader credited with
building the corner put out 75,000 bushels
and for a moment the market declined
c. Holders of long lines were obstin
ate, howevjer, and again the price- an
vanced, shorts bidding to. 78c. At this
price there was considerable liquidation,
causing a slight decline. The close was
strong and j22c higher at 7777c,
The corn market was as dull as wheat
was active, but secured considerable bene
fit from the strength In wheat. The close
was steady .and,c lower at. 45c for tjio
July option. The oats market was fairly
active. .July closed steady, a shade Jowcr
at 2Sc. ' '
Provisions were, dull,, but the dragging,
market was helped by the strength In
wheat. Toward the close there Was con
siderable selling of pork by commission
houses. July pork, closed 10c lower, lard
was unchanged -and ribs were 5c lower.
The leading futures ranged as follows:
WHEAT.
Opening. Highest. Lowest. Closlruc.
June $0 76 fO 76 $0 75 $0 78
,'..'.'. 72 74 72
CORN..
July
Sept.
T-A
73.;
June
July
Sept.
41
4
44
45
45
23
26
14 32
14 02
815
17
7 82
780
2S
JM
14 55
14
8 17
8 22
785
7 82
45
...'.. 45 45
OATS- .
July 28 28
Sept. ..'. 2iy . 7
MESS PORK.
July 14(52 14 02
Sept, 14 70 14 70
LARD
July 817 8 20
tsept &zo 82
SHORT RIBS.
July 785 787
Sept 7S5 . 785
Cash quotations were as follows:
Flour Quiet
Wheat No. 2- spring, 74; No. 2 red, 76
77c'
Corn No. 2, 4444; No. -2 yellow, 44
44c.
Oats No. 2, 28; No. 2 white, 29; No.
3 white. 2S30c.
Barley Good feeding, 46 r fair to choice
malting, 5055c. "'
Flax Seed No. 1, Jl 71; 'No. 1 Northwest
ern, $1 71.
Seed Prime Timothy, $3 65.
Mess Pork-Per barrel, $14 65$14'60.
Lard Per 1000 lbs., $8 15$8 1
Short Ribs Sides (loose), $7 i&g 95.
Shoulders Dry salted (boxed), 67c.
Sides Short clear (boxed, $8 05$8 15.
Receipts. Shipm'ts.
Flour, barrels 20,0o0 17,000
Wheat, bushels 19(1.000 418,000
Corn, bushels .. 03.000 520,000
Oats, bushels 027,000 368,000
lte, bushels 8,000 2,000
Barley, bushels 14 000 ( 4.000
On the Produce Exchange today, the
butter market was strong; creameries, 14
18c; dairies, 1416c.
Cheese 8teady, 910c.
Eggs llc.
Downing, Hopkins & Co
ESTABLISHED 1S03.
WHEAT AND STOCK BROKERS .
Room ,4, Ground Floar.
Chamber oF Commerce
R. W. McKINNON & CO.
BANKERS AND BROKERS
if
MEMBERS OF THE CHICAGO
BOARD OF TRADE
8 and 9 Chamber of Commerce, Portland .,
Nevr Torlc Grain and Produce.
NEW YORK, June 3. Flour Receipts,
123,750 barrels; exports, 401,700 barrels;
market fairly active and firmer.
Wheat Receipts, 123,750 bushels; ex
ports, 401.5S8 bushels. Spot, steady; No.
2 red,'85c f. o. b. afloat, 82c elevator.
Options opened easy under disappointing
cables and rains in the Northwest, but
later turned very strong, on July wheat
and advanced sharply. The upturn was
occasioned by rumors of a July corner,
heavy seaboard clearances, strong later
Continental cables and a big visible sup
ply decrease. Closed firm at lc net
decline; July closed 81c; September,
78c.
Wool-Dull.
Hops Quiet.
Visible Grain Supply.
NEW YORK, June 3. The visible sup
ply of grain Saturday, June 1, as- compiled
by the New York Produce Exchange, Is
as follows:
Wheat, 36,954,000 bushels; decrease, 3,130,
000 bushels.
Corn, 16,143,000 bushels; increase, 1,092,
000. bushels. ,
Oats, 11,218,006' bushels; Increase, .780,000
bushels.
Rye, 743,000 bushels; Increase, 44,000 bush
els. Barley, 822,000 bushels; decrease, 239,000
bushels.
EASTERN LIVESTOCK.
' CHICAGO, June 3. Cattle Receipts,
22,000: steers, strong, active, shade higher;
butchers' stock, steady; good to prime
steers, $5 506 15; poor to medium, $4 5o
5 45; utockers and feeders, alow, $34 S0;
cows, $2 855; heifers, $35 25; cannerj,
$2 152 SO; bulls, $34 40; calves, $4 506;
Texas fed steers, $4 255 40;. Texas bullj,
$2 753 90.
Hogs Receipts today, 44,000; tomorrow,
25,000; left over, 3000; opened easy, closed
strong, active; top, $5 97; mixed and
butchers. $5 655 92 ; good to choice
heavy, $5 755 97; rough heavy, $5 60
5 70; light, $5 606 87. '
Sheep Receipts, 19,000; steady to slow;
lambs weak; yearlings, about steady;
good to choice wethers, $4 254 50; fair
to choice mixed, $4 104 35; Western sheep,
$4 304 50; yearlings, $4 70; native lambs,
$45 60; Western lambs, $55 po.
KANSAS CITY, June. 3. CattleRe
ceiptar 6000; market, steady to easy;
Texas steers, $4 353 50; Texas cows, $3
4 50; native Bteers, $4 80S5 70; native cow3
and heifers, $3 355 75; stockers and 'feed
ers, $3 50g;4 90; bulls, $3 254.
Hogs Receipts, 8000; market, steady to
strong? bulk of sales, $5 705 90; heavy,
$5 855 95; packers, $5 755 90; mixed, $5 70
5 90; lights, $5 605 75; porkers, $3' 501j
5-70; pigs, $4 5005 50.
ShCep Receipts, 5500; market, steady;
lambs, $4 505 50; muttons, $3 504 75.
Cotton.
NEW YORK, June ' 3. The opening
was quiet, with prices ahput one point
higher to three points lower. At noon
the market was weak ondMrrgular, July
having been down to $7 78; August to $7 2S,
and October $7 01. The close was quiet
and steady, with prices net 47 points
lower.
We transfer money over .our own WIRES,
to all the important" cities in the United States.
We buy and sell cotton, grain and provisions,
for cash or ch margin, for future delivery.
We buy and sell all railroad stocks listed on
the New York or Chicago Stock Exchanges.
We buy and sell ' all copper stocks listed on
the Boston Stock Exchange.
We buy and sell all oil stocks listed on the
San Francisco Oil Exchange. .
. Correspondence solicited.
TRAyEkEnS GUIDU. j
bearish monthly statistics the market ral
lied later In -the day -on local covering,
bringing values back about 25 points. At
that level the market- closed steady, with
spot tin quoted at $2S. 1
At London values wre reduced about
2 since last Friday, spot closing at
128 12s 6d, and futures at 126 12s bd.
An Increase In tin Of 565 tons was shown
In, the American visible supply of this
month. Copper at London declined 3s 6d
under liquidation, and closed easy at '69
5s for spot and 69 15s on futures. The
situation locally was -dull at $17 for Lake
Superior, and $16 62 for casting and elec
trolytic. Exports of copper for the month
of May footed up 10,920 tons, making the
total for the first five months 39,897 tonB,
against a total for the same period last
year of 69,723 tons, a decrease of 29,826
tons.
Lead, while ruling steady, remains un
changed at $4 37 for lots of 50 tons or
over. At London prices were, as last
quoted, 12 6s 3d.
Spelter was a shade steadier here and
5 points higher on1 asking rates, closing
at $3 954 05, while at London values re
main unchanged. The easier undertone
manifested In iron .was- the result of a
lack of demand, but prices were without
change, though In buyer's' favor.
Pig iron warrants, $9 5010 50; Northern
foundry, $15 2516 50; Southern foundry,
$1415 50, and soft Southern, $13l5 50.
Glasgow warrants closed at 63s Sd,. and
Middlesboro 45s 6d.
Bar silver, 60c. -
SAN FRANCISCO, June 3. Bar silver,
60c.
LONDON, June 3. Bar silver, 27 l-16d.
Coffee and Sugar.
NEW YORK, June 3.Coffee 'options
closed quiet, with prices net unchanged
to 5 points lower.
, Sales, 14,250 bags. Including July, $5 20
5 25; September, $5 35; October,' $5 40.
Spot Rio, duli; No. 7 invoice 6c;
mild, quiet; Cordbva, 8&12c.
Sugar Raw, quiet and easy; fair re
fining, 3 ll-16c; centrifugal, 96 test, 4c.
SAN FRAJiCISCO MARKETS.
SAN FRANCISCO, June 3. Wool
Spring Nevada. 10&12c; Eastern Oregon,
1013c; Valley Oregon, 1315c; mountain
lamb, 78c; San Joaquin plains, 67c;
Humboldt and Mendocino, 910c.
Hops Crop of 1900, 1520c.
Millstuffs Middlings, $1820; bran, $17 50
18.
Hay Wheat, $913; wheat and oats, $90
12; best barley, $8; alfalfa, $79; com
pressed wheat, $S13 per ton; straw, 40
47c per bale.
Potatoes River Burbanks, 75cl 15;
Oregon Burbanks, $1 351 65; sweets, 60
65c; Early Rose, new, $1 50gl 75.
Onions Australian, $44 50.
Citrus fruit Common California lemons
$1; choice, $2 75; navel oranges, $13 per
bor, Mexican limes, $44 50.
Vegetables Green peas, 75c(3$l; string
beans, 4(5,6c per pound; asparagus. $1 75
1 85 per box; tomatoes, 5085c; cucumbers,
40c$l per dozen.
Bananas $1 5002 50 per bunch.
Pineapples $22 50 per dozen.
Poultry Turkeys, gobblers, 9(g10ff: do,
hens, ll12c per pound: old roosters. $3 75
$4 per dozen; young roosters. , $6 507 50;
fryers, $44 50; hens. $3 754 50; small
broilers,, $2 252 "75; do large, $3 754 50;
old ducks, $3 504; geese, $1 251 50, per
pair. , . . - , .
Eggs--Stor. 12c; choice. 14c.
Butter Creamery, 17c; dairy, 3fic
Cheese California, lull cream, 8;c;
Young American, 9c: Eastern, 16l6c.
. Receipts Flour, quarter sacks, 27,924;
Vashlngton. 4527; wheat, centals, 2780; bar
ley, centals, 4900; beans, sacks, 523; do
Eastern, 500; potatoes, sacks, 2790; bran,
sacks, 1430; middlings, sacks, 220; hay,
tons, 490; wool,, bales, 525; do Washington,
183; hides, 709, i
The Metal Market.
NEW YORK, June 8r The metal market
locally today wae Irregular. Opening was
weak and about 55 points lower, in sym
pathy with the depression abroad and. on
Advance In Sugar.
NEW YORK, June 3. Arbuckle Bros,
have advanced all grades of refined
sugar 10 points. This Is still five points
under the prices of the American Sugar
Refining Company".
Wool.
ST. LOUIS, June 3. Wool Quiet, easy;
territory and Western medium, 1315c;
fine, 1013c; coarse, 1 1012c.
"Hops.
LIVERPOOL, June 3. Hops at London,
Pa'clflc Coast, 4 to 4 13s.
Gift of J. Plerpont Morgan.
NEW YORK," June 3. J. Plerpont Mor
gan has presented to the Museum for tne
Arts of Decoration of"" Cooper Union" tne
Bodia collection of Barcelona, the Klvas
collection of Ma'drld, and the Baron col
lection of'Paris. These collections include
examples of textile fabrics and designs
from the Middle Ages to the present and
are said to "be three of the most valuable
collections In Europe. They are expected
to reaph here nedr the end of. this week,
and will be placed In Cooper Union Mu
seunvat once. Wltl these additions It Is
thought .the Cooper Union's collection will
surpass any other In this country. The
gift was entirely unexpected.
Director of Great Copper Company.
NEW YORK, June 3. At the annual
meeting of the stockholders of the Amal
gamated Copper Company In Jersey City
today the following directors were elected:
H. H. Rogers, James. Stillman, Robert
Bacon, F. P. Olcott, A. R. Flower, A. C.
Burrage and' W. G. Rockefeller. Mr.
Rockefeller fills the vacancy caused by
the death of Marcus Daly. There were
459,908 shares represented at the meeting.
Confederate Soldlera' Home Opened.
' ATLANTA, Ga., June 3. The Confeder
ate Soldiers Home, a state institution for
the care of indigent veterans, was opened
today, the anniversary of the birth of Jef
ferson Davis. Sixty veterans -were admit
ted today1.
TRAVELERS GUIDE.
Pacific Coast Steamship Co,
FOR NOME
The magnificent new sleel
Steamship Senator will sail
from Seattle and Tacoma
direct. From Tacoma 12 m.,
Seattle 9 p. m. June 29:
Steamship State of California, June 5. -
For rates, reservations and other lntormutioa
apply to the company's agents
.. rv.a.v... -tJ v'aahin:ion it.. Portland.
Or. . ,
Ticket Office 007 Pacific avenue. Tacoma.
G. Ai LEE. Ticket Agent.
P. W. -CARLETON. N.. P. R. R. Dock. Ta
coma. Wasjb.
Ticket utnee 618 First avenue, Seattle.
M TALBOT. Comm'l Agent."
t". W: MILLER, Asst. Gen'l Agent. Ocean
Dock, Seattle. Wash.
, GOODALL. PERKINS &. CO..
General Agents. Sab Francisco.
Oregon City; Portland
. Salem, Independence
Strs. Xftona 'nod Pomona, daily ex. Sunday
at 6:45. Oregon City, dally ex. Sunday, 8.3u
and 11 "30 A. !.. 3 and 6:15 P. M.: round
trip, 25c Office and dock, foot Taylor st.,
TRAVELERS' GUIDE.
L AvJ 1 yia
SOUTH
fr suNsrr i
O CGOEN&SHASU -I
Leave
8.30 P. M.
8.30 A. M.
4 00 P. M
117.30 A. M
114 SO P. M
Uepot Fifth and
I Street.
OVEttLAMJ iJA
PltESb 'lxtAl.-Sd.
for Salem, Rose
bun? Afthlnnrt . Ka.
r a m e n to, Ugden,
ban Francisco. Mo
jave, Los Angeles.
El Pasd. New Or
leans and the Ease
At WT o o a b urn
(dally except Sun
day), morning train
connects with train
for ML Angel, btl
v e r t o n, Browns
ville. Sprlngn eld.
and Natron, and
Albany Local for
Mt. Angel and ill
terton. Albany passenger....
rorvallls passenger.
iherldan passenger..
Arrlv
7.45 A. M.
7:20 P. M.
10:10 A. M.
115.50 P. M.
8 25 A. M.
Dally. HDally except Sunday.
Rebate tickets on sale between Portland, Sao
ramtnto and San Francisco. Net rates $17 first
class and 11 second class. Including sleeper.
Rates and tickets to Eastern points add Eu
rope. Also JAPAN. CHINA,. HONOLULU and
AUSTRALIA Can be obtained from J. B.
KIRKLAND, Ticket Agent. 140 Third street.
YAMHILL DIVISION.
Passenger Depot, foot of Jeffersdn street.
Leave for Oswego dally at 7.20, 0.40 A M.
12 .JO, 1.55, 3.25, 4.40. 0:25. 8 SO, 11:30 P. M.:
and U.OO A. M. on bundays only. Arrive at
Portland dally at U.JS. 8.30, '10:50 A. M.:
1.35. 8:10. 4:30. 0:15, 7:40. 10.00 P. M.; 12:40
A M. dally, except Monday. S.Ju and 10.00 A
M. on Sundays oniy.
Leave for Dallas dally, except Sunday, at
B.05 P. M. Arrive at Portland at 0.30 A M.
Passenger train leaves Dallas tot Alrlle Mon
das, Wednesdays and Fridays at 3.50 P. M.
Returns Tuesdays. Tburadaya. and Saturdays.
Except Sunday.
R. KOEHLER.
Manager.
C. H. MARKHAM.
Gen. Frt. Pass. Agt.
BBS
WMmm
Help Yourself
By Helping Us,
Have you any friends who are
talking of coming "West?
If you have, send us their names
and addresses and we will mall"
them advertising mattter have our
Eastern representative call on them
reserve berths for them do every."
thing we can to Insure them a quick
and comfortablo trip.
TICKET OFFICE: Cor. Third and Stark Sts.
R. W. Fester. Ticket Aoont.
WASHINGTON, ALASKA STEAMSHIP CO
Fast mall, express and passenger service for
SKAGWAY. calling at Port Townaend. Van
couver. Ketchikan and Juneau, connecting
with White Pass & Yukon Route for Dawson.
Atlln and all Yukon River points. Through
bills of lading Issued.
S3. VICTORIAN. June 2. 12, 22.
SS. CITY OF SEATTLE, June 8. IS, 28.
From Seattle at 8 P- M.
DODWELL & COMPANY. Ltd.,
General Agents.
252 Oak st. Telephone Main 00. , ,
VVVJlllVtftfiVV. SONOMA &YEMLRA
SS. ZEALANDIA (Honolulu only) ,.
Saturday. June 8. 2 P, M.
SS. VENTURA, for Honolulu, Samoa, New
Zealand and Australia
Thursday. June 20. 10 A M.
SS AUSTRALIA, for Tahiti.... About June 30
J. D.SPRECKELS BEOS. CO; Mini tacts. 327 Varttt St
Su'l Pauupr Ofiics, 643 Mirkst SL, Pier h. 7. Pacific St
WHITE COLLAR LINE
ASTfORIA ROUTE,
STR. TAHOMA (Alder-street dock).
Leaies Portland dally every morning at 7
o'clock, except Sunday. Returning, leaves As
toria eery night at 7 o'clock, except Sunday.
Oregon phone Main 351. Columbia phone 351.
---:: .-:".;! i.'."X
V -r i
Opfgow
AND
Staoip Line
THREE TRAINS DAILY
FOR ALL POINTS EAST
UNION DEPOT, I Leave.
CHICAGO-PORTLAND :0O A M.
spprrjt.
For the East !& Huntington.
SPOKANE FLYER.
For Eastern Wanning
ton. Walla Walla. Lew
Iston. Coeur d'Alene and
Gt. Northern Points.
Dally.
6.00 P. M.
Dally.
ATLANTIC EXPRESS t9. B-
For the East la Hunt-
lngton
Dally.
4 30 P. M.
IDally. .
7.00 A M.
Dally.
8:10 A. M.
Dally.
OCEAN AAD illVEIt SCHEDULE.
FOR SAN FRAN- 8 OO P. M.
CISCO. Fr6m
Str. Columbia sails 'Alnswortb
June 6. 10r 20; str. ElDoclc
der sails June 11. 21.1
FOR ASTORiA andtg-nn p lt
ay points, conneotlng'pany Jj
with. str. forllwaco and Sunday
Long Beach, str. Has- c.f u
salo? Ash-St. Dock: t" m.
.FOR SALEM. INDE-'r6:45 A. M.
PENDSNCE and waylMon.,
points,' str. Elmore; Wed ,
Asn-st. LKKK. IFrl.
6:4o A. U.
Tues..
iThurs..
Sat.
FOR CORVALLIS,
Salem, Independence,
Albany and way points,
etr. Ruth, Ash-St Dock.
' FOR DAYTON. 'Ore
gon City and iTamhlU
River points, str. Mo
doc, Ash-st. Dock.
TOO A-M.
Tues..
Thurs..
Bat.
U.OOP. M.
5: 00 P. M.
Dally.
Ex. Sun.
s-oop. m;
Tues ,
Thura.,
Sat.
4:00 P.M.
Moi..
Wed.,
FrL
g.ooprac
Mon..
Wed..
Frl.
TICKET OFFICE. Third and Washington
Telephone Main 712.
PORTLAND & ASIATIC
STEAMSHIP CO.
For Yokohama and Hong Kong, calling at
Kobe. Nagasaki and 'Shanghai, taklr.g freight
via connecting steamers for Manila. Port Ar
thur and Vladlvostock.
SS. KNIGHT COMPANION SAIL8 JUNE 2T.
For rates and full Information call on o
address officials or agents of O. R. A N. Co.
Northern Commercial Co.
Nome St. Michael Yukon River
Sailing dates approximate only.
From From
San Francisco. Seattle.
Conemaugh June i
St. Paul June 1 June S
Connecting at St. Michael for Dawson- City
and all Intermediate points.
For rate of passage, freight and otherjar
tlculara apply to
Empire Transportation Co.
Puget Sound Agent;,
Seattle, Wash.
Astoria & Columbia
River Railroad Co.
LEAVES
8.0OA.M.
6.55 P- M.
Depot Fifth and
I Street.
ARRIVES
For Maygus, itainler.
Clatskanle. Westport;
Clifton. Astoria. Var
renton. Flavel. Ham
mond. Fort Steven.
Gearhart Pk.. Seaside.
Astoria and SeasUori
Express,
, Dally.
Astoria Express.
tKlly.
11:10-A M.
9:0 P. M.
Ticket office 235 Morrison st. and Union Depot.
J. C. MAYO. Gen. Pass. Aet.. Astoria; Or.
yEGULATORv
R-l LINE &&
XSTEAMEAS
COLUMBIA
RIVER
SCENERY
The DaJIes
. Route
Steamers dally1, except Sunday, hetween
PORTLAND. CASCADE- LOCKS. HOOD
RIVER and THE DALLES.
Leave OaK-str.eet dock at. 7 A. M,, and Tha
Dalles. 7 AM.
M. V. HA'ftRIS'ON. -ft-, c. allaway;
Agent. Portland. General Agent.
, 1
TjlHBWEATNORTHEfHf
Ticket Office, 122 Third St ' Phoru 680
LEAVE The F'Jer. dally to.nncAJlRIVH..
' SsfDuFuCTO'
6.00 P. M. jund a;; points East TtCO A 21
Through Palace and Tourist Sleeper. Dialog
and Bullet SmokWg-LtbTary Cam.
JAPAN - AMERICAN LINE
STEAMSHIP IDSUMI MARU
For Japan. China and alt Asiatic points wlU
' leave Seattle
About June 3d
Time Card
of Trains
PORTLAND
Leaes. Arrives.
"North Coast Limited" 2.00 P. ! 7.00 A. VU
Twin City. St. Louis
&. Kan. City Special. 11:30 P. M. 8i00 P. M.
Olympla. Tacoma. Seat
tle, South Bend -and
Gray's Harbor Exp... 8.35 A. M. 5:15 P. M.
Two trains Sally ' to Spokane, Butte. Hel
ena. Mmne3poIlsr St. Paul and th "East.
A. D. CHARLTON.
A&su Gen'l Pass, AgJ.
255 Morrison St. 'Portland. Or.
Pacific Coast Steamship Go,
For Southeastern' Alaska
STEAMSHIPS COTTAGE
Cm SPPKANE. STATE
OF CAL . CITJT OF TOPE
KA and AL-KI leave TA
COMA 11 A. M.. SEATTLE
D P. M.. June 4. 0, 14. li.
'24. 29. July 4, 9. U. 15.
10. 24. 27. 20: Ansa 3. For
further Information obtain folder.
The company r?seres the right to change
steamers, sailing dates and hours of sailing
without previous notice.
AGENUS N, POSTON. 240 Washington St..
Portland. Or.; F. W'CAKLETON. N. P. R. R.
Dock. Tacoma: Ticket Office. 18 First ave.,
Seattle. M TALBOT.. Comnj'l Agt,. C W. MIL
LER Asst. Gen'l Agt. Ocean Dock. Seattle:
GOODALL. PERKINS & CO... Gen'l Agents,
San Francisco.
WHITE COLLAR LINE
STR. BAILEY GATZERT.
DALLES ROUTE.
Dally round trips. Leaves foot Alder street
eery morning at 7 o'clock, except Monday.
Arrlv at The Dalles 3P. M. Leave The
Dalles 4 P. M. Arrle Portland 11 P. M.
Telephone Main 351.