Morning Oregonian. (Portland, Or.) 1861-1937, July 03, 1902, Page 13, Image 13

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    THE MOENING OREGONIAN, THURSDAY, JTJ1VY 3, 1902.
13
THE HOLIDAY TRADE
Great Demand for Fourth-of-J
. July Luxuries.
SENSATIONAL DECLINE. IN SALT
Wool Mnrfcet Continue Active, and
jVerv-Crop Contracts for Hops
Are Heine Made at -Bec-
. ord Prices.
tlf I ' "'':
General prosperity In Portland' busi
ness territory Is reflected In tho best
Fourth of Jul? trade on record. The
movement in wool continues1 heavy, and
the 1002 crop of hops 1 being con
tractod for at the highest prices on -record.
A sensational decllrie- In refined
salt is tho most Important -change in J
prices. t
m ! '.
Fourth-of-July trade In seasonable luxuries
has been the featuro of the past week In com
'merclal circles, and despite the unsettled labor
troubles In this city, the buying powers of the
people do not seem to be restricted, for the,
business Is of greater proportions than ever
before, and country orders show large Increases
Dvcr any previous season. Aside from this
heavy trade In Fourth-of-July goods, there has
been a good" demand for staples from outside
points, where Industrial enterprises are un
hampered by- labor 'troubles. In price changes,
a sensational drop of 8 per ton on refined
salt was the most Interesting feature. This de
cline was due to the encroachments of East
ern reapers lnrfhls field, which was claimed
for Its own by the salt trust. The trust Is
carrying Immense stocks at Pacific Coast ports.
and had put up the price so high that the
Eastern refiners were making pretty good head
way in this field The decline is so heavy
that It will probably accomplish the desired
effect for the present, at least.
In tho wool districts east of the mountains,
wool is still moving out at prices materially
higher than those which wero In effecjt a year
ago, and there is nothing In the general situa
tion which indicates any recession in prices.
New-crop hop contracts mado on Monday at
16c per pound, Ehow an advance of lc since
last week, and the price is the highest on rec
ord for advance business. The weather until
yesterday has been very favorable for the rip
ening and marketing of berries and cherries,
and prices havo held up remarkably well since
the opening of the season. "While the rain has J
undoubtedly caused some loss to the fruit men,
the benefit to the grain crops will probably
make amends for the damage to the small
fruits. As usual at this time of year, there Is
a big demand for chickens, and the market has
been well cleaned up, although other kinds of
poultry are not doing bo well. Eggs and but
ter are also quite firm.
"WHEAT With the 1901-02 wheat season Just
ended, and but comparatively l(ttlQ wheat in
s.ght, exporters are taking matters easy, and
the ekyrockety action of the Eastern markets
finds but little reflection here. There are no
Ehlps on spot or near at hand, except those for
which cargoes have been provided, and export
ers are accordingly not forced to bid up for
wheat. Most of them are in the market when
the can secure the cereal on an export basis,
-which As somewhere In the neighborhood of 66c.
but none of them are forcing matters. The
depressed condition of the Oriental flour mar
ket haB made It unnecessary for millers to rus
tle for wheat, and when they are In tho mar
ket at all they object to paying much of a
premium over 'export values for the cereal. The
carry-over etock was about the same as that
of a year ago, and nearly half of It is at tide
water points, leaving such a small amount In
first hands that it Is quite probable that it wilt
be held for higher prices.
Freights arc unchanged. Portland exporters
have taken up about enough ships for loading
at this port and on Puget Sound to give them
a pretty fair start for a new season fleet, and
by including these vessels already chartered,
the en route list shows up with approximately
40.000 tons net register more than was In
sight a year ago. It will -be remembered that
exporters a year ago wero called on to handle
the largest crop on record In this territory, and
also that they succeeded in doing It without -a
scarcity of ships, and sent their wheat forward
at the end of the season in 23s 9d and 24s Gd
ships, compared with 2Ss Od, now demanded.
Present Indications favor a crop nearly If not
quite as large as that of a year ago, but It
will hardly be enough larger under the most
favorable possible conditions to require an ad
ditional 40,000 tons net register of shipping to
move it.
Tho rains yesterday were highly beneficial
to the crop in this territory, late Spring grain
receiving special benefit. Tho Eastern market
has been wildly excited since Monday over the
continued wet weather, which Is playing havoc
with fields of ripened grain. Tho condition in
some sections is a grave one, and may result
in much higher prices than .any we have yet
witnessed this season. The Cincinnati Price
Current, in reviewing its crop correspondence
for last week., mentions tho begipnlng of tho
trouble s follows:
The cast week has been cool and more or
less rainy over the corn and Winter-wheat sec
tion of the country. The rains havo interfered 1
somewhat with harvesting operations in Kan
sas and Missouri, and in limited localities else-'
where, otherwise, the week was fairly favor
able for tho wheat. In the northern sections,
where the wheat is not yet ready to cut. the
cool weather was beneficial for the nlllng-out
process, and checked the progress of rust, whjch
has become rather Injurious fn some localities.
Taken altogether, the prospects are Just about
maintained. The Spring wheat crop is main
taining its previous very promising condition
Under favorable weather Influences.. The com
crop is maintaining a very good condition. The
cool weather has prevented a rapid growth,
affecting chiefly the latest planted corn and
the more northern states, but the crop already
is fairly well advanced, with fine stand, gen
erally clean, notwithstanding the numerous
rains, and is being laid by in much better con
dition, on the whole, than "Usually. Oats have
been favorably affected rather than otherwise
during the past week, promising possibly a rec
ord crop; the most unfavorable reports are o$
extreme lodging, In the State of Iowa.
The latest circular of F. Lenders & Co., of
London, has the following on the situation
abroad:
The weather in Franc6 has beep of an un
favorable character, and has caused an 1m
provomenf in tho term markets, which have
recently had a fair advance. A cargo of white
wheat off oost -has also been purchased for
that country, but it may be as well to point
out that this wheat is only bought for the pur
pose of exporting in the shape of flour", and
there is no indication yet that France will be
an importer for home consumption. Should,
however, the present unfavorable weather con
tinue, the position might very -easily be altered,
btcause, as we pointed out all alpng. the last
crjp was deficient, and the country is working
on relatively small stocks until the new crop
become, available, so that a late harvest might
be very serious for France, and would, to a
certain extent, affect the international position.
All tho above leads us to the conclusion that
the weather from now onwards will be the
dominant factor In fixing values, and should we
have a return to real Summer weather both
hero and on the Continent, we should probably
see prices have a sljght setback, although after
the recent decline "holders show more disposi
tion to stiffen their backs, and are Indisposed
to make further concessions.
The "Liverpool Corn "Trade News, under date
of June If, has the followlpg comment on the
price outlook and on the crop conditions:
Liverpool This year wc are less prepared,
total "British and Irish demand, for all are
agreed that the supply of native wheat In these
Isl&nds Is almost exhausted. There are still
13 weeks to the middle of September, ucrir.g
which time we shall consume something like
7JO00.O0O quarters of breadstuff. It Is true
that the port stocks are now fairly large, and
might be trenched upon safely to the tune of
500.000 quarters without disturbing" prices, so
that an importation of 0,600,000 quarters be
tween now and the middle of September, eay
600,000 quarters per week, would suffice. This
quantity seems large, but unless the Continent
steps In and upsets calculations. It may he
considered as fairly well assured, although the
floating supply will, of course, be severely
drawn uoon in the interval. An unknown
quantity in the problem is the likely action of
French millers, who may have to enter the
f market before their new crop becomes availa
ble, and as the French weekly consumption
exceeds 1,000,000 quarters per week, the signifi
cance of -such a factor can hardly be exagger
ated. Some millers across the Channel are
known to be without stocks, and. Indeed, in
many countries .we believe there are Instances
similar to that recorded in our yesterday's is
sue, where, at a treat depot like St. Louis,
I the second largest milling center in the world.
mere ista stock or oniy ouw q-uan.er oi cv
' tract wheat. If fine weather, should set in
without much further delay, the present policy
tVour millers may be Justified, but they seem
to be taking a good "many very real risks for
the time being.
"Russia Favorable news continues to be re
ceive of the standing crops, which are growing
-well everywhere, and particularly so In the
southern district of the empire. 6ur Marlan
ople .(Sea qf AxofO correspondent reports cool
weather, with good rains, apd adds that the
appearance of the crops is excellent. Insects
have destroyed the crops In -wme parts of the
Marlanople district, but the area affected is
not large. The export movement of wheat Is
well maintained, but is slackening for ma! re,
and barley quantities are 'small.
Roumanla Writing from Bucharest, our cor
respondent tays that after five weeks of rains
they -have now had one week of fine weather,
very hot and dry. The critical period for the
wheat crop is now starting, that Is to say, the
time ot the forming and maturing of the grain.
The movement of wheat keeps liberal, and the
latge quantities of male are still coming for
ward. Austria-Hungary The weather last "reek was
changeable and rather cool, but on tho whole
favorable for the crops, of which prospects are
satisfactory, although there hare been some
complaints of rust and lodging. The official
indication of the Ministry ot Agriculture shows
an 'Increase ot 3,500,000 quarters on the final
returns of last year; other cereal crops also
show fair Increases.
Australia We have had confirmation ef the
good rains which we mentioned last week. The
fall appears to have been best in the south,
that is. in South Australia and "Victoria, for
New South Wales Is said to hare had Insuffi
cient, whilst in Queensland the drought appears
to be unbroken. "t
France Theweather keeps unseasonably cool,
and although, the promise Is still for a fair
yield, yet the crop Is backward, and the plant
la turning yellow on light soils and lodging an
heavy. According to a report received today,
it is nqw feared that the Interior reserves &ro
nearly exhausted, and, needless to say, under
such conditions, the markets are very firm. The
crops are entering the critical flowering period,
and a fine, warm period la urgently needed..
Germany The weather last week was more
seasonable, but the temperature still oelow
normal; however, the crops continue to. look
well, and thapeople are hopeful of good results,
provided that the warm weather sets in and
lasts.
..WOOL Eastern buyers are still taking 'over
liberal quantities ot wool at the big receiving
points in the interior, and a much larger por
tion "of the clip has moved out than at a cor
responding date last year. Prices show but
little change, and while the quotations glvec
are the ruling figures, they are sometimes ex
ceeded where large lots are taken. The most
of the buying thus far has been by Eastern
men, local buyers showing a disposition to hold
back. The situation in the East Is thus re
viewed by the New York Journal of Commerce,
under date ot June 28:
" Business in tho raw wool market does not
show any marked Improvement fpr the week
Just'endlng. While there appear to have been
more inquiries In the local market these inqui
ries have not developed into actual tranrac
tlons. A good many sample bags have been
sent out and there have been declarations to
the effect that if the wool proved satisfactory
purchases would be made to some extent. In
quiries have come to hand from several mills
during the week, and the" feeling still holds
among dealers that, owing to, conditions In the
woolen goods market, manufacturers will short
ly have to come Into the raw wool market for
supplies. Added strength Is given to this belief;
by the fact that, although a good many have
been ahlc to get through the season without
replenishing they have little or nothing at pres
ent with which to go forward, and as soon as
they begin on their next season will find It
necessary to replenish.
In many quarters a better .feeling is In evi
dence, owing to fair orders, having been secured
by garment manufacturers. Fine-grade wools
are decidedly firm and in somewhat better de
mand. B supers and Ca have been taken, the
former at prices ranging from 33e to 35c. Low
grade wools, however, still remain yery quiet.
and wool men are of the opinion that If any
easier prices are to be found, it will be In these
sorts. Texas and territory wools continue quiet,
with prices decidedly Arm. This is attributed
largely to a reported shortage in the clip. In
foreign wools some Very fair quantities of
Chinas have been mqved; these goods were sold
to arrive. The remainder of the foreign con
tingent, however, has remained quiet.
HOPS Fifteen cents per pound for new-crop
hops Is a pretty full figure to be paid so. early
In the season as July 1, but with business al
ready dono on this basis, it Is apparent that
there Is Increasing strength In the situation.
Advjees from New Tork are to tho effect that
cold, unseasonable weather has stunted the
vines, and tbere are also report of vermin, all
of which has given the New Tork market con
siderable firmness. In this state the condition
of the vines is very good. Mall advices from
Europe are as follows:
Canterbury, June 14. The hop plant is not
quite so forward as usual at this period of
the season, but In view of the cold tempera
ture lately experienced, with occasional frosty
nights, It has made fair progress. Bain has
helped on tho growth considerably, but warm
er weather Is now much needed, as the present
conditions conduce to an. unkindly state of the
plant, and are all In favor of tho fly and lice,
nqw all to plentiful throughout the plantations.
There is no speculation in the market, or prices
would rapidly advance.
Worcester, June 14. Trade remains quiet,
and no hops have been weighed at the public
scales this week, but although there is no quot
able alteration In prices, sound healthy Worces
ters are rather more difficult to buy. Planta
tion growth is. very backward, and crop pros
pects have not been 0 unfavorable at this time
of 3'ear since the cold "Summer of 1888. .Tho
attack oJT blight Is very severe, and the vine
hardly high enough for washing to be effective.
Ewburst. June 15 Tbe-vlpe has made very
little progress dprlng the past week, and is
verjr yellow and unkindly. Fly apd lice have
very much Increased, as many as 100 flies on a
leaf at places. Some growers talk of washing
this week, but after the low prices we have
had they have not much heart to start at it.
Tonbridge District, June 14. Short of vino
and a considerable quantity of fly.
FRUIT The rain yesterday held back re
ceipts of berries, and prices were higher all
round. Receipts of cherries were rather large,
but the belief that the crop had been injured
by the rain caused dealers to hold them up to
pretty good figures. California apples, peaches
and apricots are plentiful, and, with the ex
ception of apples, .whjch are very green, the
J- condition of the receipts Is excellent. Oranges
and lemons are scarce and htgh In California,
"but tho local demand was checked yesterday
by unfavorable weather, and prices show po
changes. Bananas are in over-supply, and
there are more pineapples on the street than
can be disposed of to good advantage. 6all
"fornla figs are ln'falr supply, at $I1 50 per
box.
3c, or. 19-1 6c c I. (.. which, on Cuban su
gars, is equal" to only 1.47c f. o. b., a price
so much below the duty as to give domestic
beets the enormous protection of 114 per cent.
The failure of the efforts to secure favorable
legislation Jn Washington naturally affected
market Jn Cuba, where much disappointment
was Mt, but holders there show no Inclination
to accept the low prices now quoted here, which
prices are simply another proof of the risk
producers subject themselves to when they ship
unsold sugars to this market. That refiners
should be unwilling buyers at the present time
is perfectly natural, for they have over 100,000
tons of sugar in Cuba which they have no
longer any motive to keep there, and till they
have brought it up and uso It an active spot
market must "be looked for. These low prices
will tend to check shipments and the natural
consequences will be a reduction In the receipts
here and an Improvement in prices once the
pressura to jell Is removed and refiners have
reduced their holdings in Cuba. Notwithstand
ing the increased cane crops. It is worthy of
notice that the receipts this year at the Atlan
tic ports are 277.0C0 tons less than they were
up to the same time last year, and are very
nearly as low as they were In 1000, when there
was great scarcity of sugar during the Autumn
and a resulting advance in centrifugals to 6c
The Atlantic ports having received -so much less
this year than last, there seems to be no doubt
that there will ultimately be room eAough here
for all the unsold sugar still held in Cuba,
which does not. after all exceeed 250,000 tons,
nor would It be surprising If beet sugars should
also be wanted, for consurantion here goes on
increasing, and the current low prices will cer
tainly stimulate the canning of fruit.
BUTTER There is considerable strength in
the butter market Just at present,- due to an
'excellent demand for store hutter for shipment
south, and for creamery to go north. , -Paget
Sound buyers are heavy purchasers In tho
"Willamette Valley; and tho drain' from the
north s keeping stocks of select butter down
to moderate proportions. At the same time
there are fairly good receipts of ordinary
creamery, which Is too good to sell at the
price of store butter, and hardly good enough
for tho figures paid for fancy creamery. Twenty
cents per pound Is the top quotation, but it Is
reported that some dealers are securing 22
in a small way for fancy selects which have
an established trade.
EGGS The market Is steady to firm at 20c
for choice, candled stock, and for ordinary of
fering prices are about 10c Quite a number
of rather poor eggs are coming In at the pres
ent time, and shippers would save money by
candling more closely.
POULTRT There Is an excellent demand for
all of the chickens that can be landed in Port
land before July 4. In fact, every dealer In
town has bad orders ahead for. them. Prices
are much better than last week. The strength
in poultry, however, is all confined to chickens,
for the trade seems to have po use for web
footed fowls, apd young ducks and geese are
going begging for byers. Some very fair young
duckswere offering in vain yesterday at f3
per dozen, and another dealer with a lot not
qulto so good tried in vain to get an offer of
$2 SO per doxen. In chickens, the preference
Is shown for fryers, but old hens are also
wanted, and mixed coops sell up around $4 per
dozen, and better.
Bank Clearings.
Clearings. Balances.
16318c: Costa Rica ordinary, 10912c per
pound; Columbia roast. $11; Arbuckle's, Sit 13,
list; Lion. 21113; Cordova. $11 13 list.
Salmon Columbia River, one-pound tails,
SI 7501 00 per dozen: two-pound tails, S3; fan
cy one-pound flats. Si 00; -pound fancy flats.
Si 25; Alaska tails, Mc; two-pound tails, $2.
Rice Imperial Japan, No. 1, S3; No. 2. It 50;
Carolina head. Bi75.
Beans Small white. 3c: large white. 3e;
pinks, 2o; Beyot. 3q; Lima, 4c per pound;
Sugar Sack basis, net cash, per 100 pounds:
Cube, Si 50; powdered, $4 35: dry granulated.
25: extra C, S3 75; gclden C, S3 65. Ad
vances over sack basis as follows: Barrels. 10c;
half barrels. C5e; boxes, 60c per 10Q pounds.
Maple. 15016c per pound.
Honey, J2trl5c per No. 1 frame..
Grain bags Calcutta, SO 50 per 100 for July
August. Nuts Peanuts, 506!4c per pound for raw;
6GSc for roasted: cocoanuts, 83g00c per doz
en: walnuts, liei2Hc per pound; pine nut.
. 10J12c; hickory nuts. 7c; Brazil nuts. He;
nlbe'rts, 15010c; fancy- pecans, 14Q14o;
"almonds. 15gI6c.
Coal oil Cases, 20c per gallon: barrels, 16c;
tanks, 14c
Stock salt 50s, $20 C5; 100s. $20 15; granu
lated, 60s, S21 60; Liverpool. 60s, $22"3Q; 100s,
$22 40; 200s, $22.
SAX FKAACISCO MARKETS.
SAN FRANCISCO. July 2. Hay Wheat, SO
612 60; wheat and oats, $0311; best barley,
S7 50S0; alfalfa, S330 50; clover, $768 50 per
ton, straw, 40850c per bale.
Wool Nevada, 12315c; Valley. Oregon. 14
16c Spring Humboldt and Mendocino, 129
15c: Eastern Oregon, H16c
Mlllstuffs-Mlddllngs. $2224; bran. SIS 60
10 60 per ton.
Vegetables Green peas, 75c0l 25 per box;
string beans. 233c; asparagus, 75c&S225; to
matoes, 50cf2 25; cucumbers. 25875c per box;
garlic. 22Hc per pound; rgg plant, 7610c
Potatoes Early Rose. GOfiOOe; River Bur
banks, 65etfSl; Oregon Burbanks, J11 25;
sweets, 32 60.
Onions 60900c
Hops New crop, 16318c
Bananas 6Qce$i.
Pineapples $162. ,,
Lemons Choice. S3 60; common, $1 60.
Oranges Navel. $14 25,
Mexican limes S5S5 50. . .
'Apples Choice, new, $1 10; common, 30c per
box.
Poultry Turkey gobblers, 12H13c; do hens,
12H813c per pound; old roosters, S4 5064 85; do
young, $5 60g7; broilers, small.- -2&2 23; do
large. $2 75g3 60; fryers. $350 4 60; hens.
S45; old ducks, S3f?3 60; young duCks, $3 60
65 60.
Eggs Fancy ranch. 18c; s.tore, 14H16c
Butter Fancy creamery, 21c; do seconds,
lOHcj fancy dairy. lOo per pound; do seconds,
17c
Cheese Young America, 10H6Httc; Eastern,
11615c
Receipts Flour,' 14,851 quarter sacks; wheat,
SGS0 centals; barley, C440 centals; oats, 7000
centals; do Oregon, 460 centals; beans, 212
sacks; corn, 300 centals; potatoes. 248& sacks;
middlings, 145 sacks; hay, 703 tons; wool, 202
bales; do Oregon, 11 bales; hides, 1T52.
JULY CORN STAYS WEfcLUR
GRAIX SIAHipiT, HOWEEst, IS DI3
TIJSCTLY. QUIETER '
Firm Controlling Corn "Will Not Sell
at IiOTver Prices September
"Wheat Goes Doytj.
Downing, Hopkins & Coi
Established 1893.
WHEAT AND STOCK BROKERS
Room 4, Ground Floor Chamber of Commerce
CHICAGO, July 2. The grain markets were
distinctly quieter although nervousness is ap
parent over the weather and that there was
Crop damage. Commission houses bought, and
September, during the first hour advanced to
75"675c This proved to be highest points
of the day for this option. Shorts seemed to
be pretty well covered, thanks to their strenu
ous exertions of yesterday, and scattered re
ports that the weather was getting clearer in
the "West found the market ready for a reaction.
Local bears sold liberally, and St. Louis added
to the pressure. September gradually receded
to 73Hc Later, the pressure cased, and there
after the market ruled steady. At one time
September got back to 74jc. but the close was
c under yesterday, at 746744c
The high point of July wheat was TTHc. This
option ruled comparatively stronger than Sep
tember. July closed He over yesterday, at
7GJ4c
The July deal In corn was comparatively neg
lected. Not more than 150,000 bushels were
handled during tho entire session. Tho small
est packages of this option were sufficient to
cause wide fluctuations. This market, like
wheat, ruled strongest early, while the effect
of last night's showers was the chief consid
eration. The trado in September was only
fairly active. July stayed well up, because the
firm which has the supply tucked away dtd not
choose to sell It any cheaper. July closed l&o
higher, at 73"c September closed Vic under
yesterday, at 62lc
Oats opened higher with the other markets.
but developed an easy undertone earlier thanl
tne leaders. September closed steaay, ic low
er, at 354c
The leading futures ranged as follows:
WHEAT.
Opening. Highest. Lowest. Closing.
July S0 76Vi $0 77Vi SO 75?i SO 76H
September .... 74 754 $
December .... 75H 76 744 74
CORN.
dike gold $500. COO. the first of the season. Ad-,
vices are received of an addition $500,000 to"
be received from the same source this week.
The market closed, dull and easy.
The bond market was -dull and Irregular. To
tal sales, $2,750,000. United States bonds werv
all unchanged on the last call.
Closing Stock Quotations.
STOCKS.
CB M M
S. 5 6
i- ? 2
o
2
$ 80.104
40,030
61.300
203,653
Portland $483,10S
sposane oou.uit
Tacoma ,.... 207.178
Seattle 791.146
PORTLAND 3IARKETS.
Grain, Floqr, Etc.
Wheat Nominal; Walla Walla, Cc; Valley,
C6&G7c: bhiestem. 67663c
Barley Feed, $22: brewing, $23 per ton.
Four Best grades. $3 05S3 60 per barrel;
graham, $2 0563 20,
Millstutts Bras, $15616 per ton; middlings,
$21 50: shorts, $18; chop. $16.
Oats-No. 1 white. $1 2061 25; gray. $1 156
1 20 per cental.
Hay-Tlmpthy. $12615; clover, S7 60310 per
ton.
Hatter, Ebbs, Poultry Etc
Butterr-Creamery, 17Vi020a; dairy, ?63l7Hc;
store. 16016c
Eggs 18620c
Cheese Full cream, twins, 124613c; Young
America. 13K614Hc; factory prices. 16154c less.
Poultry Chickens, mixed, $3 6064 50; hens.
45 60 per dor.; llHUc per pound; Springs,
$264 60 .per dps.; ducks, $364 per dps. for old;
$2 5065 for young; turkeys, nominal; geese,
J S5&6 per dozen.
July
September
December
May
74
63
-76V5
63V4
40i$
40
74
62H
4SH
46tf
OATS.
July (old) 434 434
4314
48
31
35
35
75
624
4S
46
43'i
4S
GROCERIES Aside frqrq a drop of about $8
per ton la the price of "refined salt, there are
but fefr chances of Importance In groceries.'
There is a big demand for candles, fancy
crackers and other seasonable luxuries apd
staples forfche holiday trade Sugar t moving
pretty freely again, and the heavy stocks laid
In by retailers when It was supposed the bot
tom was; reached have apparently been ex
hausted. At this time the heavy consumptive
demand usually results in an advance, but
more weakness than strength Is apparent In
the market just at present. Crarnlkow, Mac
Dougall & Co., New Tork sugar brokers, have
the following on the" situation:
Even at the ruinously low price- of 3 5-16
for 96-degree centrifugals, there- are now no
buyersNand If the moderate quantity of unsold
sugar "now due Is pressed on the market the
Potatoes anil Onions.
Potatoes Best Burbanks, 60c per, cental; or
dinary, 40c per cental, growers' prices; sweets,
$22562 60 ptr cental; new potatots. lttlttc
per pound. .
Onions $1 per cental
Vegetables, Frait, Etc.
Vegetables Tomatoes. $1 7562 per crate; tur
nip. 05676c; carrots, 05675c; beets, 80600c per
--sack; cauliflower, 75685c per dozen; cabbage.
$1 2561 60 per crntal; celery, ,7&60c per dozen;
peas, 4c per pound, asparagus, 6c per pound;
beans, 6ffSc per pound; artichokes, 65670c per
dozen; lettuce, head, per dozen, 25c; lettuce,
hothouse, per box. $1 7562; green onions, pet
dozen, 15620c; rhubarb, lc per pound; radishes,
16620c per dozen branches; corn. 25c per dozen.
Green fruit Lemons, $465; oranges, $464 60
ptr box; bananas, $262 60; pineapples, $363 50
per dozen; apples, $262 50 per box, strawber
ries, 466Uc per pound for Oregon: raspberries,
465c per pound; cherries, 75c6Sl per box,
Oregon cherries, 5gj7c per pound; California
peaches, 60676c per box; California apricots,
76600c per box.
Dried fruit Apples, evaporated, 7H611c per
pound; sun-dried, sacks or boxes. 667c; aprl
cols. HH013i4c; peaches. 8311c; pears. 00
lOHc: prunes, Italian. 3&63&c; figs, Califor
nia, blacks, 4H65Hc; dq white, 6H66H0:
plums, pitted. 465ttc
Hents and ProTlsIans,
Lard Portland, tierces, 12612Uc per pound;
tubs. 12Ho; 60s, 12i4c; 20s. 12?c: 10s, lZlio; fis.
13c
Veal 6HOTV4c per pound.
Mutton Gross, 2tf63c per pound; dressed, Cc
Lamb Gross, 36354c per pound; dressed, 66
6ttc
Hogs Gross, 6c per pound; dressed. 767Hc
Beef Gross, cows, 363ttc per posndj steers,
3H64ttc; crtssed. 768c
Lard Compound, tierces. Cite per pound; 60s,
8&c: 10s. 10c
Hams Eastern, fency. jM; standard, J2Ho;
shoulders, 10c
Hams Portland, 13Kc per pound;, picnic; 10c
per pound.
Bacon Portland, HQlOSic per pound; East
ern, fancy.. '17c; standard, heavy, !4Hc; light,
15Vic; bacon bellies, I4Ho-
Dry-salted meats "Portland clears, 11H9
12Hc; backs, 11612c; bellies, l?H613c; plates,
10c; butts, 10. Eastern Regular clear sides,
unsmoked, 12He; smoked, 13ijc; bellies, aver
age, 25 to 30 pounds; unsmoked, 12&c; amoked,
13!ic; plates, JlV412Hc 1
Hops, Wool, Uidesf Etc.
Hops 1461c per pound.
Eheepskmi Shearlings, 10620c; short wool
25655c; medium wool, 30600c; long wool 00c
6$1 each.
Tallow Prime, per pound, 466c; No. 2 and
grease, 2H6"c
Wool Valley, 12U615ct Eastern Oregon, BQ
14Hc; mohair. 25626c per pound.
Hldes-Dry hides. No. 1, 16 pounds and up.
16615Vic per pound; dry kip. No. 1, 5 to IS
pounds, 12c; dry calf. No. 1, under 5 pounds,
10c; dry-ralted, bulls and stags, one-third less
than dry flint; salted hides, steers, sound, 60
pounds and over, 860c; 60 to CO pounds, 76
Sc;upder 60 pounds and cows, 7c; stags and
bulls, sound. C65c; kip, sound, IB to 20
pounds, 7c; veal sound, 10 to 14 pounds, 7c:
calf,, sound, -under 10 pounds, 8c; green (un
salted), lc per pound less; culls, lq per pound
1es; horre hides, salted, each, $1 6062; dry,
each, $16160; colts' bides, each, 25650c; goat
skins, common, each. 10616c; Angora, with
wool on. each, 25c&$L
Pelts Bear skins, as to size. No. 1, each, $3
620; cubs; $265; badger, each. 10640c; wild
catr 25660c; houpe cat. 6610c; fox, common
gray, each, 30650c; do led, each, $16062; do
cro&s, each. $5615, do silver apd black, each.
$1006200; fisher, each, $566; lynx, each, $iS3;
mink, strictly No. 1, each, 60c6$l 60; mar
ten, dark Northern, $6612; marten, pale pjne,
according to size and color, $1 6062; muskrats.
large, each, 6610c: skunk, each, 40650c; civet
or polecat, each, 5610c; otter, for large prime
skins, each. f567; panther, with, head and
claws perfect, each. $2$3; raccoon, for large
prime, each, 30650c; wolf, mountain, with bead
perfect, each, $3 6065; wolf, prairie (coyote),
With head perfect, each, iQQGOc; wolf, prairie
(coyote), without head, each. 3035c; wolver
ine, each, 4467; beaver, per skin, large. $560;
do medium, $364: do small $16160; do kits,
60675c
EASTERN LIVESTOCK.
CHICAGO. July 2,-Cattle Receipts, 11.800,
including 2000 Texans. Chqlce steady, others
10616c lower; good to prime steers, $7 366S;
poor to medium. $3 7567 60; stockera and feed
ers. $2 6065 35; cows. $1 6066 30; heifers.
$2 6067 70; canners. $1 502 60; bulls, $2 505J
5 60; calven, $2 6066 30; Texas fed steers, $4
7 per cwt.
Hogs Receipts today, 30,000; tomorrow, 25,
000; left oyer. 6000. Choice strong to 60 hjght
er, others 10616c lower; mixed and butchers',
$7 2067 00; good to choice. $7 SO 0 8 Q2H;
rough, heavy. $57; light, $76T 00; bulk, $T 35
67 70.
Sheep Receipts, 20,000. Light native steady,
lambs strong; good to choice wethers, $3 75
64; fair to choice mixed, $363 7; Western
sheep, $2 5063 75; native lambs, $367 40.
OMAHA July 2. Cattle Receipts, 2000.
Market steady, stronger; native steers, $568;
cows and heifers, $365 90; Western steers,
$4 7566; Texas steers. $4 6063 70; canners.
SI 7663: etockers and feeders, $2- 7665; calves,
$265; bulls, stags, etc., $2 5065 25.
Hogs Receipts, 12,000. Market steady; Jieavy
sold at $7 7067 5; mixed, $7 6067 70; light,
$7 0067 70; pigs, $0 8067 40; bulk ot sales,
$7 C067. 70.
Sheep Receipts, 2000. Market steady; fat
muttons. $3 6064; Westerns, $3 1563 75; ewes.
$263 25; common and mockers, $1 7563 25;
lambs, $3 756n 60.
KANSAS CITT. July 2. Cattle Receipts,
6000, Including 1000 Texans. Market steady
but slow; native steers, $5 3567 35; Texas and
Indian steers, $366 25; Texas cows, $2 7561
4 60; native cows and helfenr $3 7565 60;
bulls. $2 0064: calves. $2 5066 S5.
Hoga Receipts, 6000t Market steady to
strong; bulk of sales, $7 6567 85; heavy, $7 85
67 07: packers, $7 7567 92S; medium, $7 70
67 85; light, $7 4067 75; Yorkers. $7 0067 75;
pigs, $767 45.
Sheep Receipts, 3000. Market steady; mut
tons, $3 3064 25; lambs, $4 7063 35; range
wethers, $3 20$-$ 40; ewes, $3 306.4 30.
Metal Markets.
NEW TORK, July 2. At London copper
prices were unchanged, spot closing .at 152 15s
and futures at 53 6d. The New Tork market
was Irregular and quiet, with standard un
changed. Lake higher and electrolytic and cast
ing easier. Standard spot to August closed at
$11 37H6H 75. Lake $12 12V4 0 12 25. elec
trolytic $11 $0611 05 and casting at $11 756
11 05.
Tin was quiet locally but about 25 points
higher, owing to a gain abroad. The local
price was $28628 10. London closed 1 15s
higher, with spot at 124 15s and futures at
122.
Lead wait steady and unchanged at home,
and London being Is 3d higher, at 11 8s Od.
Spelter was higher and firm here at $5 12,
and London closed 2s Gd higher at 18 lus.
Iron continued steady at home and abroad.
Local prices were unchanged, with warrants
nominal No. 1 foundry Northern, $22623;
No. 2 foundry Nqrthern, $21622; No. 1 -foundry
Southern, $21 60622 50; No. 1 foundry South
ern soft, $21 60622 60. Glasgow closet, at 64s
6d apd Mlddlesboro at 49s 10d.
Bar silver 52c
SAN FRANCISCO, July 2. Bar pllver 52Hc
LONDON, July 2. Bar silver Dull, 24 3-16d
per ounce.
Coffee and Sagsr,
NEW YORK, July 2. Coffee Dull; spot Rio,
No. 7, invoice, 5 l-5c; mild, firm; Cordova, 8
6HMiC. Futures closed quiet In tone, with
prices net unchanged to 10 points lower; total
sales, 10,500 bags, including July at $4 85;
August, $4. 00; September, $4 0565; October,
$5; December, $5 1565 20; January, $5 23;
March. $5 $565 40; April, $5 45; May, $5 60.
Sugar Raw, strong; fair refining, 2c; cen
trifugal 06 test, Ze; molasses sugar, S&c;
refined, stendy.
Ckicago Provisions.
CHICAGO, July 2. Provisions were dull but
steady, In the absence of selling pressure.
September pork closed 2c higher, lard 2c
lower and ribs unchanged.
32
35U
354
18 42
18 57
V)70
170
10 65
10 67
July (new) ... 48 40
Sept- (old) .... 32 32
Sept. (new) ... 35 30
Dec (new) .,. 85 36
MESS PORK.
July 18 40 18 42 18 40
September ....IS 55 I8 60 18 55
LARD.
July 10 70 10 72 10 67
September ....10 70 10 75 10 67
, SHORT RIBS.
July 10 02 10 65 10 62
September ....10 67 10 67 10 65
Cash quotations were as follows:
Flour Firm.
Wheat No. 3 Spring, 7&076c; No. 2 red,
78c. '
Corn No, 2, 75675c; No. 2 yellow, 759
7614c
Oats No. 2. 40650c; No. 2 white, 54653c;
No. 3 White, 53654c.
Rye No. 2, C060c
Barley Fair to choice malting, 69671c.
Flaxseed No. 1, $1 74; No. 1 Northwestern,
$1 74.
Timothy seed Prime. $5 75.
Mess pork-$18 42618 57 per bbl.
Short clear sides Boxed, $10 67610 70.
Clover Contract grade, $8 33.
Butter Easy; creameries, 10621c; dairies, 18
6J0c
Cheese Steady. 10llc.
Egga Steady; fresh, 17c.
Receipts. Shipments.
Flour, barrel 27.000 11.00Q
Wheat, bushels Oi.000 6S.000
Corn, buxhels ,.,..,., ,212.000 435.000
Oats, bushels 352.000 238.000
Rye, bushels , 2,000 2.000
Barley, bushels 8,000 6,000
Kew Yorlc Grain and Produce.
NEW TORK. July 2. Flour Receipts, 17,
0S0 barrels; exports, 0500 barrels. Market easier
and dull.
Wheat Receipts, 25,330 bushels; exports. 10,
601 bushels: soot easy; No. 2 red, 81c ele
vator; No. 2 red. 81682c f. o. b. afloat; No.
1 Northern Duluth. 83c f. o. b. afloat; No. 1
hard Manitoba. 86c f. o. b. afloat.
The wheat market today was less active and
for the most part weaker. It opened firm on
rains, then reacted, and, under heavy unload
ing, notably by the Southwest, was weak dur
ing tho afternoon at lc less. Easier cables,
lack of export trado and warmer weather were
chief selling motives. The close was c net
lower; July, 80681c. closed 81c; Septem
ber. 7S660 5-16c, closed 70c; December, 7046
81c. closed 70c
Hides Quiet.
Hops Quiet,
WoolFirm.
perhaps, than ever before to cope with the J ihanee arj that centrifugals wJU "ecflne to
son Francisco Grain MarKet.
SAN FRANCISCO. July 2. Wheat steady.
Barley firmer. Oats quiet.
Spot, quotations:
Wheat Shipping, $1 13461 15; milling,
$1 16U61 20.
Barley Feed, 024603"4c; brewing, 064603?gc
Oats Red. old, $1 1661 35: new, $1 0561 15.
Call board sales:
Wheat Steady; December, $1 15; cash,
$115.
Barley Firmer; December, 84c
Corn Large yellow, $1 4561 &0.
Atchison
do pfd
Baltimore & Ohio
do pfd ...............
Canadian Pacific
Chesapeake U. Ohio....
t:nicago & Alton
do pfd
Chicago, Ind. & Louis.,
do pfd
Chicago & Eastern 111..
Chicago Great Western.
do A. pfd
do B pfd
Chicago & N. W
Chicago. R. L & Pac..
Chicago Term. & Tran.
do pfd ,.,..
C C C. & St. Louis..
Colorado Southern
do 1st pfd
do 2d pfd
Delaware Hudson...,
Del, LaclE & Western.
Denver & Rio Grande..
do pfd .....
Erie ,
do 1st pfd............
do 2d Dfd
Great Northern pfd....
xiocjcing vauey .....
do pfd
Illinois Central
Iowa Central
do pfd
Lake Erie & Western
do pra .,
Louisville & Nashville.
Manhattan Elevated ...
Metropolitan Street By.
Mexican Central .,...
Mexican National .....
Minn. & St. Louis
Missouri Pacific
Mo., Kansas & Texas.,
do pfd
New Jersey Central....
rew lork central
Norfolk & Western
do pfd
Ontario & Western
Pennsylvania "...
Reading .
do 1st pfd
do 2d pfd
St. Louis & San Fran..
do 1st pfd ,
do 2d pfd.......
St. LouU S. W
do pfd .......
St. Paul ...,
do pfd ,.
Southern Pacific
Southern Railway
do pfd
Texas & Pacific
Toledo, St. L. & W
do pfd ,
Union Pacific ,
do pfd ,
Wabash ,.
do nfd
Wheeling & Lake Erie,
do 2d p'd ,
Wisconsin Central ...
do pfd ,
Express Companies
Adams
American
united States
Wells-Fargo
Miscellaneous
Amalgamated Copper
Amer. Car Si Foundry..
do pra
American Linseed Oil.
do pfd
Amer. Smelt. &. Refin
do pfd
Anaconda Mining Co.
Brooklyn Rapid Transit
Colorado Fuel & Iron..
Consolidated Gas
Cont. Tobacco pfd......
General Electric
Hocking Coal
International Paper ...
do pfd
International Power ...
Laclede Gas
National Bijcult
National Lead ,
North American
Pacific Coast
Pacific Mail
People's Gas
Preised Steel Car
da pfd
Pullman Palace Car...
Republic Steel
do pfd
Sugar
Tennessee Coal & Iron.
Unon Bag & Paper Co.
do pfd
United States Leather..
do pfd
United States Rubber..
do pfd
United States Steel.....
do pfd
Western Union
American Locomotive .
- do pfd
Kansas City Southern.
do pfd ,..,
4.000
1.700
4,100
2.000
6.100
100
300
300;
200;
000
2.400
100
S2j 811 82
8ft 05
1071106
08
107
06
134
4TS
37'
1S5134
37U 37
75 74 74"4
75 75 75ft
201 200 1108
THE PALATIAL
Hi BUN
30
7 Va
1.300
2,300
3.400
100
253
176
104
30
200
400
SOO
100
1.100
600
2.500
100
2.600
6,400
000
4,100
1O0
100
37,700
100
1.000
104
30
175
175
36
UH
S61
CSV.
187
85:
00
161
48
140
3,4001155
000 5u?4
1UUI U4
100
4,800
5,100
600
2,200
300
"4W
1,300
400
0,200
224
IVZ 1
6$
84
70
0S
73
31
6S
175
European Grain Blarkets.
LONDON J"! 2. Wheat Cargoes on pas
sage, buyers Independent; Walla "Walla'. 20s 6d.
English country market quiet.
LIVERPOOL. July 2. Wheat firm. Wheat
and flour la Paris steady. French country
markets firm. Weather In England fine.
6.700
10,200
7.S00
100
100
600
1,200
2.000
000
300
100
1,600
aoo
2001
12.700
400
200
200
20l 20
87 87
:3ft
HOt
30
374
10CV4
30
71
43
174
2S0
00
3S
es-y
52
187
85
80
160
48
86
04
132
143
23il 20
18i 18
111 110
27 26
6$-,Uo
1180
153 Jl55
56 1 66
04 02
32.; 3251
151151
OJl
187
00
160
1033
138
132I13:
140I148
20
18
111 .
109
64
37
44
21
37-;
1UO
80
30
46
3GVi
20
40
84K
70
68
72J
30
674
174
04
36?i
44'
21
37
104
03 Wi
) 30
iiift
3QVi
20
48
225
01
23
000
1,200
200
4.000
12.500
100
700
200
200
"100
100
100
100
300
""lOo
800
000
37,300!
300
700
100
14.300
10,200
2.100
100
300
200
105
225225
.114
100
401
OS
10S
68
04
223
122
17
21
75
21
403
101
7
230
17
73J
62
12
84-J1
33Vi
50
66
84
70
csv
82
72
30
OT
174":
180
04
37
06
44
20
37
1044
85
30 is
4
22
36
25
4S
63
32
01
23
46
074
108
07i
01
223
too
.....
21
21
40
1014
45
236
17
72r
128 J,
u-78
12:
o-78
38
89
87
32
33
50
8
01
23
80
40
07"
107
07
03
223
122
304
17
21
74
71
as
ol?
21
too
65
41
101
43
854
234
17
MS.
120
2S
14
80
12
84
H
63
38
80
87
32
02
33
60
Groceries, Nnts, Etc.
Coffee Mocha, 2362ScrJava, Taney. 266&2ci
Java, good. 20624c; Java, ordinary, 1820q;
Costarica, fancy. 15620c; Costa Rica, good.
Leonard Levrisoan's "Will.
NEW YORK. July 2. "Having", during
my life, tjiven largely of my means to
denarvlng charities, I make no charitable
bequests, leaving it to my children to
make such gifts out of the estato which
they receive -under my wni as they shajl
deem proper."
In this paragraph of his will, Leonard
Lewisohn, tJa copper magnate of thjs city,
who died In London on March 5 last, left
it to the discretion of his nine children
as to what cum should be laid aside from
his estate for charity. Following the sug
gestion contained In their father's will
the nine children agreed to contribute
$100,000 each to charity as a memorial to
their lathor, making a total of K,000 to
be devoted to charitable purposes. Tho
details of the distribution of this sum are
now being: considered.
It is estimated that the value 'of Mr.
Lewlsohn'B estate is between $20,000,000 and
$30,000,000.
0
LOW EXCURSION RATES,
Portland to Minneapolis and Ileturn,
f 82." PortlsmtX to Chicane and
Jtet'tsra, 72.
On Jane 2$, July 1 and July 3, the Great
Northern Railway will sell round-trip
tlrst-class tickets from Portland to Min
neapolis and return, and Portland to Chi
cago and return at above rates. For
folders containing map, tme card and
other Information, call or address city
ticket offlce. 122 Third street. Portland.
...
Any one can take Carter's Iilttle Llyer
Pills, they -are so verysmalU No trouble
to swp.lloir. No pain or griping -after
takjnr. ' "-.
SEV YORK STOCK MARKET.
Dullness Is Marked, and Only si Few
' Lines Are. ot All Active.
NEW TORK. July 2. The stock market was
extremely dull today, and tho only notable
activity was concentrated in a few stocks. In
some of these there were new developments to
give an ostensible cause for their strength.
In others, there was an aparance of manipu
lation with the purpose of sustaining the gen
eral market. The speculation was light, owing
to the largo operations in progress In the money
market owlnr to the July settlement, and of
syndicate operations. There were large trans
actions all day In Missouri Pacific, which sod
ex the semi-annual dividend of 2 per cent,
but the price range all day was restricted to a
fraction. Louisville was In actlvo demand at
the extreme advance of 3. The movement
seented to be based tjpen the formal announce
ment that the purchase in behalf of the com
pany of the Chicago, Indianapolis & Louisville
was In effect. Colorado Fuel made another
spurt, which was supposed to be due to a
struggle tor control, but which Incidentally
Involved forced buying by a distressed short
Interest. Short covering wss.also an element
In the advance of Sugar, and tho Tiie In the
price of raw sugar also helped that Btock. The
buying of Amalgamated Copper was attributed
to a more confident feeling over the trade out
look. The TJnltpd States Steel stocjes were firm, be
cause of the Increased net earnings reported for
the last quarter. The statistics ot Iron and
steel production for the past year Issued by
the "American Iron & Sttel Association were
regarded as an astounding exhibit of actlvo
and prosperous conditions In the trade. The
steel stocks, nevertheless, met. a considerable
volume of selling at the advance, a large por
tion of which was for London account.
The statement of the May net earnings of
the Pennsylvania system showing an Increase
of over $1,000,000 compared with May of last
year was taken as an lndyx of the large profits
accruing to the soft-coal carriers as a result of
the anthracite strike. The May statement ot
the Norfolk & Western made the showing bet
ter. The early firmness of the local traction
stocks was fostered by the Increased net earn
ings reported by the Brooklyn Transit system,
and by hopes of large profits from the coming
holiday traffic The rate for call loans showed
further ease today, but foreign exchange ad
vanced. The London money market showed ad'
dlttonal cace. but pressure was transmitted
from Parts, where there was an abrupt decline
of two centimes in the sterling rate. Yester
day's money market operations resulted In bal
ances to be met between the clearing-house
banks this morning of $24,043,457. which Is
the largest on record for that item.
The payments to an underwriting syndicate
for the Burlington purchase released large
sums to the market, and the disbursements of
Government intent affords jrelief from any
Subtreasury reducements. Today there wa
paid out by the Institution on account of Kloa-
TotaJ sales for the day, 2SS.300 shares.
BONDS.
U. S. 2s, ref. reg.l074fAtch!son adj. 4s... 01
do coupon ..y..l07iC. & N.W. con. 7s.l38
do 3a. reg...,.10O ID. & B. G. 4s 101
do coupon .....1064 N. Y. Cent. lsts..J01
do new 4s, reg..l344jXorthern Pac. 3s.. 74
do coupon 134 do 4s ...104
do old 4s, reg...l00 Southern Pac. 4s.. 02
do coupon 1095 Union Pacific 4s. ..104
do 5s. reg 105 iWest Shcre 4s. ....114
do coupon 10G Wla. Central 43,... 01
Stocks at London.
LONDON, July 2. Closing quotations:
Anaconda 6NorfoIk & Western 53
Atchison S3 do pfd .......... 03
do pfd :l03Ontarlo & Western 33
Bait. &. Ohio 100 Pennsylvania 77
Can. Pacific 138r4Readlng 34
Ches. & Ohio 48 do 1st pfd....... 43
Chi. Gr. Western. 80l do 2d pfd....... 35
Chi., M. & St. P. .179 Southern Ry 37
D. & R. G 43 do pfd 0S
do pfd 03Southern Pacific .. 65
Erie 37UnIon Pacific 107
do 1st pfd 60! do pfd 01
do 2d pfd 64 (U. S. Steel, 30
Illinois Central ..104 do pfd t.. 91
Louis. & Nash. ... 142 (Wabash 31
M.f K. & T 271 dq pfd .,.... 47
do pfd 60 Spanish 4s SO
N. Y. Central.... 160
Money, Exchange, Eto.
SAN FRANCISCO, July 2,Sterllng on London-Sixty
days, $4 86; sight, $4 8S4.
Mexican dollars Nominal.
NEW YORK. July 2. Money on call Arm,
464 ser cent; last loan, 5 cent; prima mer
cantile paper. 465 Per cPnt-
Sterllng exchange Arm, $4 87 for demand,
and $4 85 for GO days; posted rates, $4 S&Q
4 86 and $4 S364 60; commercial: bills.
$4 8464 65.
Mexican dollars, 42c.
Government bonds steady; state bonds Inact
ive; railroad bonds irregular.
LONDON. July 2. Consols for money, 96:
for account, 86.
Money, 262 per cent; rate of discount for
short bills, 2 per cent; tor threo months' bills,
2 per cent. 1
Foreign Financial News.
NEW YORK. July 2. The Commercial Ad
vertiser's London financial cablegram says:
Stocks were Idle and dull, save the American
department, which, after opening heavy on the
crop news. Improved on New York buying. The
leaders were Louisville & Nashville and United
States Steel, the. latter recovering sharply on
the report as to earnings. Atchison. Union Pa
cific and Baltimore & Ohio were also support
ed. The cloie was at the best. Consols sold
at 00; Rio Tlntos at 44, although prices of
copper are unaltered. The Bank of England
has bought 70CO gold In bars. France Is In
quiring in the open market for gold, but there
are no supplies at the moment.
Record Glenrlngr-Honse Balances.
NEW YORK, July 2. Today's balance of the
clearing-house banks aggregated $24,043,457.
breaking all nrevlous records. These figures
reflect, in great part, the very heavy disburse
ments of interest and dividends for July.
Not a darlc office In the balldinffi
absolutely fireproof electrio lights!
and artesian water) perfect sanita
tion and thoroueh ventilation. Ele
vators run day and niRht,
Rooms,
AINSLIS, DR. GEORGE. Physician. ...413-41
ANDERSON. GUSTAV, Attorney-at-Law...6ia
ASSOCIATED PRESS; E. L. Powell. Mgr,.80a
AUSTEN, F. C Manager for Oregon and
Washington Bankers' Life Association of
Des Moines, la 602-5W
BAKER, G. EVERT, Attorney-at-Law,....60l
BANKERS' LIFE ASSOCIATION, OF DES
MOINES, IA.; F. C. Austen, Mgr 502-603
BENJAMIN, R. W., Dentist 314
BERNARD. Qh, Cashier Paclflo Mercantile
Co. 2U
BINSWANGER. OTTO S., Physician and
Surgeon 407-403
BOHN, W. O.. Timber Landa 613
BROCK. WILBUR F., Circulator Orego-
nlan 601
BROWN, MYRA. M, D ,313-ai
BRUERE, DR. G. E., Physician... 412-413-4H
CAMPBELL, "WM. M-. Medical Referee
Equitable Life 704
CANNING, M. J,..,., , 602-603
CARDWELL. DR. J. R., Dentist 604
CAUKIN, G. E., District Agent Travelers
Insurance Company......... .......... ..71S
CHURCHILL. MRS. E- J ,.,..716-711
COFFEY. DR. R. C, Surgeon 40o4W
COLUMBIA TELEPHONE COMPANY
604-603-606-007-613-614-61:
CORNELIUS, C. W.. Phya. and Surgeon... 20fl
COLLIER, P. F., Publisher; S. P. McGulre,
Manager 413
COX, RALSTON. .Manager American Guar
anty Co., of Chicago 603
CROW, C. P., Timber and Mines 513
DAY. J. G. & L N 318
DICKSON. DR. J. F., Physician.. -,,..713-714
EDITORIAL ROOMS Eighth Floor
EVENING TELEGRAM 325 Alder Street
EQUITABLE LIFE ASSURANCE SOCI
ETY; L. Samuel, Manager; G. S. Smith,
Cashier 3Q3
FENTON, J. D., Physician and Surgeon.. 603-1C
FENTON, DR. HICKS C, Eye and ar....5ll
FENTONTMATTHEW F., Dentist......... 503
GALVANI, W. H.. Engineer and Draughts
man..... ,.., 0
GEARY, DR. E. P.. Phy3. and Surgeon 40fl
GIESY, A. J.. Physician and Surgeon.. 700-710
GILBERT. DR. J. ALLEN, Phyelclan.. 401-40:1
GOLDMAN, WILLIAM, Manager Manhat-
tan Life Ins. Co., of New York 2UO-210
GRANT. FRANK S., Attorney-at-Law....an
GRISWOLD & PHEGLEY, Tailors
..,..,,, ,..,......131 Sixth Street
KAMMAM BATHS. Turkish and Russian..
t , 300-301-302
HAMMOND, A. B 310
HOLHSTER, DR. O. C, Physician and
Surgeon ,., 604-508
IDLEMAN. C. M., Attorney-at-Law.. 410-17-18
JOHNSON, W, C 315-316-31T
KADY, MARK T Supervisor of Agents,
Mutual Reserve Life Ins. Co... 605
L1TTLEFIELD, H. R.. Pbya. and Bur.. .,,.203
MACKAY, DR. A. E., Phya. and Sur... 711-712
MANHATTAN LIFE INSURANCE CO. OF
NEW YORK; W. Goldman, Mgr. 203-210
MARSH. DR. R. J.. Phys. and Sur 404-40O"
MARTIN, J. L. & CO.. Timber Lands...... 601
McCOY, NEWTON, Attorney-at-Law 715
Mcelroy, dr. j. g.. Phya. & sur.701-702-703
McFADEN, MISS IDA E., Stenographer. . .243
McGINN, RENRY E.. Attorney-at-Law. 311-13
McGUIRE. S. P., Manager F. F. Collier,
Publisher .., 415
McKENZIE, DR. P. L-. Phys. and Bur,,BlZ-13
METT, HENRY ,..,.213
MILLER, DR. HERBERT C, Dentist and
Oral Surgeon , 603-603
MOSSMAN, DR. B. P Dentist, 513-5;
MUTUAL RESERVE LIFE INS. CO.;
Mark T. Kady, Supervisor of Agents".. WH-poa
NICHOLAS, HORACE B., Attorney-at-Law.T18
NILE3, M. L.. Cashier Manhattan Life In
surance Company of New York ..20
NUMBERS, JAMES R., Physician and Sur
geon ............ .......................409
OLSEN, J. F., General Manager Paclflo
Mercantile Co 2U-213
OREGON CAMERA. CLUB., ,... 214-215-218-3 W
OREGON INFIRMARY OF OSTEOPATHY
.... ,., 3-41
OREGONIAN BARBER SHOP, Marsch &
George. Proprietors 120 SlxtU
OREGONIAN EDUCATIONAL BUREAU;
J. F. Strauhal. Manager. ,.200
PACIFIC MERCANTILE CO.; J. F. Olaeiv
General Manager 211-213
PORTLAND EYE AND EAR INFIRMARY
Ground Floor, 133 Sixth street
QUIMBY, L. P. W,., Game and Forestry
Warden T13
REAVIS. DR. J. L., Dentist 608-609
REED, WALTER, Optician... 133 Sixth street;
BICKENBACH, DR. J. F., Eye, Ear, Nose
and Throat 701-703
ROSENDALE, O. M., Metallurgist and Min
ing Engineer v.... .......610
jYAN, J, B-, Attorney-at-Law, , 515
SAMUEL, L.f Manager Equitable Llfe,.aoa
SJIERWOOD, J. W., Deputy Supremo Com
mander k. o. t m...:., ,.... ,,511
SMITH, DR. L. B., Osteopath 400-410
SMITH, GEORGE S., Cashier Equltablo
Life t 303
STUART, DELLJ Attorney-at-Law 617-Glg
STOLTE, DR. CHAS. . Dentist 704.-703
STOW, F. H., General Manager Columbia
Telephone Co ,.608
SURGEON OF THE S. P. RY. AND N. P,
TERMINAL CO 706
SUPERINTENDENTS OFFICE 201
THE NORTH PACIFIC PUBLISHING SO
CIETY , .' , ...,403
THRALL. S. A., President Oregon Camera
Club ,...,..., 214
"THREE IN ONE" QUICK ACCOUNT
SYSTEM COMPANY, OF OREGON 313
TUCKER. DR. GEO. F Dentist 610-611
U. 3. LIGHTHOUSE ENGINEERS. 13TH
DIST.; Captain W. C Langfltt, Corps of
Engineers. U. S. A 803
U. S. ENGINEER OFFJCE RIVER AND
HARBOR IMPROVEMENTS; Captain W.
C. Langfltt, Corps of Engineers, U, S. A.. 810
WILEY, DR. JAMES O C, Phys. & Sur.708-9
WILSON, DR. EDWARD N Physician
and Surgeon 304-305
WILSON. DR. GEO. F.. Phys. & Surg..706-707
WILSON. DR. HOLT C. Phys. Be Surg.507-5OS
WILLAMETTE VALLEY TELE. CO.,.. ..613
WPOP. DR. W, I. Physician. ...412-413-414
Offices may be bad by applying to
the superintendent of the bnildinGT
room 201. second floor.
Dnlly Treasury Statement.
WASHINGTON, July 2. Today's statement
of the Treasury balances shows:
Avallablo cash balances, ...... .,...$205,405,001
Gold , 102,045,034
After long Illness, nothing equals the
building-up effects of Hood's Sarsaparjlja.
Blood Poison
Is the worst disease on earth, yet the easiest
to cure WHEN YOU KNOW WHAT TO DO.
Many have pimples, spots on the skin, sores n
the mouth, ulcers, falling hair, bone pains, ca
tarrh, don't know It Is BLOOD POISON. Send
to DR. BROWN. 033 Arch St.. Philadelphia.
Pa., ;or BROWN'S BLOOp CURE, $2.00 pep
bottle. lasts one month. For sale only by
Frank Nau, Portland Hotel Pharmacy,