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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 7, 1905)
THE MORNING OREGONIAX, FRED AT, JULY 7, 1905.
Big California Grower Says
Prices Should Be Higher.
FARMERS EASILY SCARED
Middlemen's rrofits Also Too Larrre
for the Good of the Industry.
Small Crop Expected in the
HOPS California grower estimates
crop of that slate at 45.000 bales.
FRUIT Strong local demand for all
VEGETABLES Bean, cucumbers
and corn lower.
POUX-THY Strong lnlry far all
EGGS Oregon and ' Eastern soHlng
BUTTER Creamery brands low
and store weaker.
MEATS Stoady movement In mall
FLOUR No export orders coming.
O A. I.ovdal. of California, oae of the
largert hopgrowers ip the world, was In Ihe
city yesterday. He came up to ee the state
and also the " Exposition, where he has an ex
hibit from his Hop yards. Mr. Lovdal's prop
erties are In Sacramento and Yolo counties,
and they turn out an average of SOW) bales
of hops annually. He estimates that the
crop of California th year will be one
quarter under the normal. y!eHMngi about 41.000
"Our FPH5jn has been fhort In California
this year." said Ir. Lovdal .at the Belvedere
yesterday. 've had a oold spell in the early
part of April and then It turned off hot.
which affected- -the root.- The-plants- pot
a setback and consequently wilt have only
three months -In which to crow, whereas
they should have four. We have no Ho In
Callforna. . but there seems jo be plenty of(
differently in our mate.
"The hop market Is in a peculiar condi
tion now. but It ie all wing to the fright
of growers. There Is no reason why prices
thould have gone down 10 cents or 'more,
as they have done. The market would etlll
be around 30 cents If the growers had net
listened to the boarlsh talk of dealers. Hops
arc fully worth 30 dents now, bt the brew
f and dealers have worked their game
with suoceas. Had the growers stood tirmly
together, they would have obtained their
rrlce. The brewer must have the goods,
no matter What the price. To be sure, they
du not use so many hops when prices are
very high, but the brewer doos not consider
-30 cents an exorbitant figure.
"One groat trouble with the hop market
is the ovemipnly of dealers. These men
have all got to make their Jlvlngs. and they
make it oft the grower. 1 saw an Instance
of t this morning. -A dealer !ought a but
of hops from a farmer. laying him 37 cents
for thorn. In about an Iwiir he had sold
the lot to another dealer,'' for IB cents.
That dealer either had an order whore he
could place the hope, or will sell them to
another dealer for a still higher price. "Why
ehould not -the grower get the price that
the brewflr Is willing to pay? "Why should
two or three commissions, or even more, be
taken out of it? The grower In certainly en
titled to. the full value of his product. The
brewer makos 200 or 300 per cent profit on
what he sells, and why should not th grower
be allowed to accumulate wealth as well?
As a matter of fact, the dealers have grown
rich in the past rather than the growers.
I am a dealer myself, but I will say that
it would be better for the hop Industry If
this element were reduced.
"I have heard, a. .great deal , of talk about
Oregon and 'Washington pools that were
formed In the Spring. There worn no jvoolf".
end the talk 'only hurt the market, for when
imc of the growers began to well, the news
was. sent broadcast that the "pools weie
broken and the brewers began to lwar the
"I hove the greatest faith In the market
for 10i hops. Thy will le needed for futly
four month yet, as brewers always require
a certain percentage of old hops to mix
with the newly.grown wop. The 12,000 or
15.000 bales stilt held on the Coast are an
insignificant amount compared with actual
requirements. Every pound of those hops
will be needed in this eounlry and in Eng
land. Of course, if the ciw.ers lbnn to
the boar talk of dealers and unload their
hops on th market, they mwt expect to get
low price', for them. If they UFe more dlw
cietion and hold back, the consumers will
have to come to their terms."
ORIENTALS DO NOT WANT FLOUR.
lower Trice Fall to Tempt Hongkong
The Orientals do not want Pacific Coast
fiour. . They arc cither stocked up or are
drawing their supplies from other quarters.
At any rate, cables sent by Portland ship
pers In the past few dayp have been unan
swered, even when they have quoted lower
In order to meet Australian competition,
the North Pacific lines have granted ship
pers the privilege of quoting a $4 rate on
flour to Hongkong as against the $3 rate
heretofore in force. A tariff of 15 shillings
Is quoted by the lines running from Aus
tralia io. Hongkong. Based on the lower
rate, together with the lower price of flour,
local shippers have offered supplies to Hong
kong fmerchants 12te cextfn a barrel below
the prices XormaCly quoted, but without re
sult. Il is possible that the buyers of that
city have secured Australian flour under
those prices, as wheat Is cheaper In the
Antipodes than in this country. The re
duced stoamor rate w-as made only on vessels
sailing this month.
Some .exporters declare they are satisfied
with the Inactivity of the Asiatics, as a
heavy shipping demand now in the face of
the light available stocks would cause very
high prices and might seriously unsettlv the
market just as the new crop is coming on.
. POULTRY' SELLS READILY.
The Egg Market I Active, but 'Butter Con
tinues to Drag.
There was a good healthy tone to the
poultry market yesterday, especially on
large Springs, on whloh 16 cents was
quoted. Hens ranged from 12 to 13 cents.
Ducks were weaker and small ones were
practically unsalable. Geese were steady
and turkeys very firm, fancy prices being
quoted on choice young jibes of good size.
The egg market was active at 20 cents.
This seemed to bo the ruling price, though
some houses quoted a fujl cent on either side
of this figure. Little discrimination was
made by buyers between Oregon and East.
The market for creamery butter was slow
and unchanged. In spite of the enormous
demand for ice cream, the output of the
butter factories has not been decreased.
Store butter Is very weak and is quoted
FRUITS MOVE rROMTTLT.
More Melon nnd Cants Arrive Sumner
All lines of fresh produce were In strong
demattO" yesterday and Front street had a
good supply of most varieties. Plums,
prunes and apricots moved off better and in
fact none of the seasonable lines dragged.
Another car of Coachella watermelon ar
rived, which, with the Texas melons received
on the preceding day. made an ample sup
ply. A car of Coachella cantaloupes also
came In. A lot of Indlo cantaloupes were
on sale, but they wcrj In poor condition and
the host only brought ?2.73.
Lemons moved oft readily at the recent
advance, owing to the hot weather. Ripe
bananas have become scarce, as the strong
demand has practically cleaned them up.
but there are plenty of green bananas still
Logan berries wer'qsoted lower at 1.15f
$1.25. Raspberries were more numerous and
were held at $1.27.
The representative of the Sumner Fruit
growers' Association, of Washington, was In
the city yesterday and appointed a local
agent to handle its raspberries and red cur
rants, which are now ready for shipment.
Only Small Veal Wanted.
Receipts of veal were not so heavy yes
terday and the market was steadier. "The
size that l preferred." said a dealer, "is
veal running from 75 to 100 pounds and
fat. We have Had a lot that were a little
too heavy. The trade wants them lighter if
they are to pay the top price for them."
The demand for other kinds of meat was
slow. Owing to the hot wcater there was
less Imjulry for pork and only small and
very fine Mock koR could be moved.
Declines In Vegetables.
Tho most plentiful article In the vegetable
line offering yesterday was beans, which
camt- In from all quarters and declined 1 4
C9atK. .Oregon outdoor cucumbers wore also
more numerous and were offered at f 1
More tomatoes were received from The
Dalies and sold at $1.7 with a good de
mand. Groen corn wa quoted a shade low
er at -2 t 5j -"" cents. A car of California
Garnet Chile potatoes arrivod In the morn
ing. Hank Clearings. '
Rank clearings of the- Northwestern dtl's
yesterday were as fellows:
Grain. Flour. Feed. Etc
WHEAT Club, S20S3c ier bushel: blue
stom, tsTflSt; Valley. Sftc
FLOUR-Patents. $4.50(5.10 per barrel;
rtraishls. $lr4.25; clears. S3.75S4; Valley,
$3 0O&4.25; Dakota hard wheat. 6.3007.50;
Graham, $3.3004; whole wheat. J 1 04.25; rye
flour, local. $3; Eastern, $5. 05.10; corn
meal, per bale. $1.!02.20.
BARLEY Feed. 121.30622 per ton; rolled.
OATS- No. 1 white, feed. $20 per ton;
MILLSTUFFS B-an. $19 per ton; mid
dlings. $24.30; shorts. $21; chop. U. S.. Mill:.
$13; linseed dairy feed. $1$. Acalfa meal. $la
CEREAL FOODS Rolled oats, cream. 00
pound sacks. $6.75; lower grades. $5 06.25 ;
oatmeal, steel cut. 30-pound sacks, $s per
bairel; 20-pound sacks, $(.23 per bale; oat
meal (ground). 30-pound sacks. $7.30 per
baircl: 10-pound sacks. $i per bale; spilt
peas. $3 per 100-oound sack: 23-pound boxes.
$1.40; pearl barley. $4.23 per 100 pounds; 25
pound boxes. 51-5 pr box; pastry flour. 10
pound sacks. $2.30 per bale.
HAY Timothy. $14 (JIG per ton; clover. $11
12; grain. $114f l2; cheat. 511(312.
Butter. "fcggf. Poultry. Etc.
BUTTER- City creamerie: Extra cream
ery. 20Cr21se per pound; state creameries.
Fancy, creamery. 17H3214r: store butter.
COGS Oregon ranch. 2021c per dozn:
CHEESE Oregon fdll cream twins. llHHc;
Young America. 125?12bC-
POULTRY Fancy hens. I2fc$!3c: average
hen. lUirlSVrC. mixed chickens. 11 ft 12c; old
roosters, Sffloc; young roosters. ll12c;
Springs. lVfc to 2 pounds. 13c; 1 to 1 pounds.
lfiSlCc: dressed chicken.", 1314c; turkeys,
live. 18gle; turkeys, dressed, poor. lSg20c;
turkeye. choice. 20322 Vic; geese, live. per
pound, 7,.$jSc: geee. droned, per pound.
HirlOc; ducks, old. $07; ducks, young as
to i2e, $lf5; pigeons, $11.23; wjuab. $20
Vegetables. Fruit, Etc.
DOMESTIC FRUITS -S;rawlerriA. $262.3
per crate; apples, table. S1.50&2.5H per
nox; new California, $1.5061.65 per box;
apricots, SO0UOC prt- crate; peaches. 73t;t3c
per crate; plums. 50iff75e per crate; Logan
berries. $1.15fil.23 per crate; blackberries, be
per pound, cherries, 5fl0e per pound; canta
loupes. $2.75fi3 crate; pears. $2.50 per box;
currants. He per pound; prunes, 5u75c; rasp
berries, $1.25 per crate; watermelons. 24c per
pound; grapes. $2 per box.
TROPICAL FR UITS Lemons, fancy, $4.39:
cholee. $4 per box; oranges, navel, fan
cy. $2.502.75 por box; choice, $262.50;
standard. $1.50 1.75; Mediterranean sweets,
$2.3043 2.7.1. Valenclas $3.233.75; grape
fruit. $2.50 i 3 per box; bananas. 5c per
pound: pineapples. $2.50 per dozen
FRESH VEGETABLES Artichokes 50c
dosen; asparagus. 2c per bos; taas.
l4r per pound; cabbage. Ktle per
cauliflower. $1 per dozen; celery 90c per
dozn; com. 22M25c per dozen, vurumt r-.
40eC$l per dozen; egg plant. 17Hc; lettuce,
hothouse. 25c per dosen; lettuce, head. 10c
per dozen; parsley. 25c per dozen; pons. 2p
3c per pound; peppers. 25c per pound; rad
ishes. 10j 12c per dozen: rhubarb. l-2ac
per "pound; tomatoes. $1.73 3 per crate;
tquath. $1 S? 1.25 per box.
ROOT VEGETABLES Turnips. $1.25 &
140 per sack: carrots. $1.23 5;' 1.30 per sack;
beets. S1S1.25 per ack; garlic I2.e per
ONIONS California red. $1 25 per hun
dred: yellow. $1.75.
POTATOES Oregon, old. $1.15)1.25; Oregon,
new. 90c6$1.10; Eastern. $101.10; California,
RAISINS Loose Muscatels, -4-crown. 74c:
0-layer Muscatel raisins. 7l.ac: unbleached,
seedless Sultanas. C?ic; London layers. 3
crown. whole boxes of 20 pounds, $1.S5; 2
DRIED FRUITS-Apples. evaporated. G&
G6c per pound; sundrled. sacks or boxes,
none; apricots. 10llc peaches, 910Hc:
pears, none: prunes. Italian. 4 03c; Frenen.
2"eS";ic; figs. California blacks, 3;c; do
white, none; Smyrna. 20c; Fard dates. 6c:
plums, pitted. 6a
Groceries, Nuts, Etc.
COFFEE Mocoa, 2CJi2ae; Java, ordinary.
lS4T22c; Costa Rica, fancy, 1832oc; good, loy
ISq ordinary. I0ifj2c per pound; Columbia
roast, case. 100s, $15.75; 30s, $18.75; Ar
buckle. $14.75: Lion, $14.75. '
R1CD Imperial Japan No. 1. $3.37i-; South
ern Japan. $3.50; Carolina. 56Jc; broken
SALMON Columbia River. . l-Tound tall?.
$1.75 ;-er dozen; 2-pound tails, $2.40; 1-pound
flats, $1.S5; fancy, ll-pound flats, Sl.io; Im
pound flats. $1.10; Alaska pink 1-pound tails,
83c; red. 1-pound talis. $1.30, sock eyes. 1.
pound tails, $l.b5.
SUGAR Sack basis. 100 pounds: Cube,
$5.S3; powdered. $5.00; dry granulated. $5.50;
extra C. $5; golden C, $4.90; fruit sugar.
$5.50: advance over sack bals. as follows:
Barrels. 10c; half-barrels, 25c; boxes. 5Hc per
100 pounds. (Terms: On remittance within 15
days, deduct 4c per pound; If later than 15
dais and within 30 days, deduct Ho per pound;
no discount after 30 days.) Beet sugar, granu
lated, $3.40 .per 100 pounds; maple bugar.
Ib'tfl&e per pound.
SALT California. $11 per ton. $1.C0 per
bale? Liverpool, 30s. $17: 100s. $10.50; 200.
$10; half-ground. 100s, $7; 60s. $7.50.
NUTS Walnuts. 13ftc per pound by sack, lc
extra for less than sack; Brazil nuti. 15c;
filberts, 14c; pecan, jumbo, 14c; extra large,
15c; almonds, I. X. X I6?c; chestnuts. Ital
ians, 15c: Ohio, $4.50 per 25-pound drum; pea
nuts, raw, 7l.c per pound; roasted, 9c; pine
nuts. 10S12;ac: hickory nuts. 7c; cocoanuts
7c; cocoanuts, 3590c per cozen.
BEANS Small white. ZftQ-tUc; large white,
SH: Pink. 3l403Hc; bayou. 4Vic: Lima, Gftc
Hop. Wool. Hides. Etc.
HOPS- Choice. 1J04. lSGSOe -per pound.
WOOL Eastern Oregon, average beau 190
23c; lower grades, down to 15c. according to
shrinkage; Valley. 26$ 27c per pound.
MOHAIR Choice. SI Jf 52 Vic per pound.
HTDES Dry hide. No. 1. 16 pounds and up.
16jT16'ic per pourtd; dry kip. No. 1, 5 -to 10
pounds, Higl5c per pound, dry calf. No. L
trader 5 pounds. 17fflSe: cry salted, bulla and
eta gs. one-third leas than dry Clnt; iculla.
moth-eaten, badly cut. scored, murrain, hair
slipped, weather-beaten or -grubby, 2j3c per
pound less); salted hides, steers, aousd, ,00
pounds and ever. tS?10c per pound; 30 to CO
pound. SQOc per pound: under 30 pound
and co w.i, fcgvc per pound, salted flags and
bullc. sound. Gc per pound; salted kip. sound.
15 to 30 pounds. 9c per pound; salted reaL
sound, 10 to 14 pounds, Uc per pound; salted
calf, sound, under 10 pounds. 10c per pound;
(green jnsalted. 1c per pound lets; culls, lc
per pound lees). Sheep skins; Shearlings. No.
1 butchers stock. 23Ooc each, short wool. No.
1 butchers stock. 4030c each; medium wool.
No. 1 butch era" stock. COQSOe; long wool. No.
1 butchers' stock. $161.60 each. Murrain pelts
from 10 to 20 per cent leas or 12914c per
pound: horse bides, salted, each, according to
rise. $1.3033; dry. each, according to size. $1
01.30; colts hides. 25&50c each; goat skins,
common 10915c earn; Angora, with wool on,
TALLOW Prime, per pound, 2HJc; No. 2
and great;. 23C.
FURS Bear skins, as to tlze. No. 1. $2.50
010 each; cubs, Si02; badger. 23930c; wild
cat. with head perfect. '25ff30c; houe cat,
3310c; fox. common gray. 30970c; red. jZit
0; cross. $5?13; silver and black. $10Off2O0;
fishers. $5Sdi lynx. $4.5056: mink, strictly
No. 1. according to size. $122.30; marten,
dark Northern, according to sire and .color.
$10915: marten, pale. ploe. according to etie
and color. S2.504; muskrat, large. 10913c.
skunk, 40350c; civet or polecat. 53 10c: otter,
large, prime skin. $6910; panther, with bead
and claws perfect. $205; raccoon, prime. 309
50c: mountain wolf, with brad perfect, $3.50
Q5; coyote. G0cJl: wolverine. $6SS; beaver,
per skin, large. $396; medium, $3Q4; small.
$101.30: kits. 50375c
BEESWAX Good, clean and pure, 20223s
CASCARA SEGRADA (Cblttam bark)
Good, SH-ie per pound.
GRAIN BAGS-Calcutta. 7ff7ic
Provisions and Canned Meats.
HAMS 10 to 14 pound. 13J-C per pound,
14 to 16 pound. 134c; 16 to 2W pounds.
13Hc; California (picnic). 9c; cottage hams.
be: shoulders. 9c; boiled ham. 21c; boiled pic
nic ham. bonelees. 15c.
BACON Fancy breakfast. 15c per pound;
standard breakfast. ICHc. choice. 13c; Eng
lish breakfast. 11 to 14 pounds. 14c: peach
SAUSAGE Portland, ham. ISc per pound;
minced ham. 10c; Summer, choice dry,
17"4c; bologna, long. lHc. weinerwurst, be;
liver, 41c; pork. 9c: blood. 5c; headcheese, tic;
bologna sausage, link. 4&C
DRY SALT-CURED Regular short clears,
?ic aalt. 10;c smoked; clear backs. 9Vc
nalt. lO'.ic smoked; clear bellies. 14 to 17
pound average, none salt, none smoked,:
Oregon exports. 20 to 23 pounds average,
10ic salt. ll-5;c moked.
LARD Leaf lard, keltle-renderea: Tierces,
9Sc: tubs. 9:4c; 50s. 9"ic; 20, lOc; 10s.
lOc; -5s. lOVjc. Standard- pure: Tierces,
S'Ac; tubs. yvic; 50s. JHc; 20s. Olid 10s.
3iic: 5s. SKc Compound: Tierces. Cc:
tubs, 6Uc: 30s, CUc; 10s. C&c: -a. 6:4c.
PICKLED GOODSPork. barrels. $1S; half
barrels. $9.50; beef, barrels. $12; half barrels.
CANNED MEATS Corned teef. pounds, per
dozen. $1.23; two pound" $2.33; six pounds.
$8. Roast beef fiat, pounds. $1.25; two pounds,
none: six pounds, none. Roast beef, tall,
pounds, none: two pounds. $2.35; tlx pounds,
none. Lunch tongue, pounds, none; two
pounds, none; six pounds. $$.30.
BEEF Dressed bull. 132c per pound;
cows. 3Vs4irc; country steers, 4&6c
MUTTON Dreesod fancy. 6c per pound;
VEAL Dreed. 75c to 125 pounds. 656V"-c:
125 to 200 pounds. 405c; 2(X pounds and
PORK DrecTed, 100 to 130, 7e7Hc: 150
and up. 0 97c per pound.
TURPENTINE Cases. bO: per gallon: bar
rels. &6c per gallon.
WHITE LEAD Ton Jots. 7ie: 500-pound
lots. 7'ic; leas than 5v0-pound lots, Sc.
GASOLINE Stove gaAllne. casee. 23H;
iron barrels, 17c: SO deg. gasMine, cases. 32c;
iron barrels or drums. 26c.
COrtL OIL Cases, 20Vjc: iron barrels, lie;
wood barrels. 17c; C3 deg., cases. 22c: Iron
LINSEED OIL Raw, 5-barrel lots, G2c: 1
barrel loUs, C3c; cases. CSc. Boiled: 5-barrel
lota, 64c; l-barrel lots. CVr; rases. 70c
SAX F1LANCISCO SHIPPERS IX XO
I HURRY TO CHARTER BOATS.
Asfclnp Prices of Wheat and Barley
Arc Too Hiph at the
SAN FRANCISCO. July . 6. (Special.)
Wheat and barley prices are toe high to
warrant paying asking rales for Manage,
and shippers are In no hurry to eh&rtcr
vesiels until they are sure of their grain.
The grain freight market. In consequence, is
stagnant and nominal.
After early weakness, speculation In wheat
and barley again became active and future
rose sharply. The cash market for alt lead
ing cereals was stronger, with receipts light
and harvest returns loss favorable, especially
for wheat. Flour wa. firm. Feeostuffs were
Deciduous fruits of good quality were In
better demand and firmer. Receipts from
rivr districts were extremely light and the
wharf was bare of desirable stock. .Choice
peaches were scarce and higher. Apricot
are now arriving more freely from Bay coun
ties and bring better prices. Good snipping
plums, prunes, apples and Bartlett pears
aro In demand for outgoing steamers. Cltrua
fruits are in limited supply and strong, but
high prices check, business.
Upper gradts of inttatoes are is more de
mand and .steadier. The first Salinas Bur-
banks oT the reason arrived. Being very
small. $1 was the average price. Onion
were in larger supply and easitr. Garden
truck was weaker.
Fancy hard creamery butter Is firmer, but
plenty of soft stock Is offered at concessions.
Cheese Is steady. Ranch eggs are firmer.
Receipts. 76.500 pounds butter, 17.' pounds
cueee. 40.710 pounds eggs. Reorganization
plans are being vigorously discussed by dairy
VEGETABLES Cucumber. 264? 4e; garlls.
304c: green pes'", 75e$I.B); string beans.
-'f2Sc. asparagus. 467c; tomatoes. $1.25f
1.75; egg plant. 06 10?.
POULTRY Turkey gobblers. icg21c; roast
er, old. $4.50.1: do young. $0.5B7.3fl; broil
ers, -mall. $1.5052.50; do large. $2.5093.30;
fryers. $5.3066.30; hens. $4.3006.50; ducks, old,
$365.50; do young. $591.50.
EGCJS-Store. 1544ri6ic: fancy ranch, 2.V.
BUTTER Fancy creamery. nc; creamery
seconds. 36c; fancy dairy. 174c; dairy sec
WOOL-Sprlng. Humboldt and Mendocino,
2SJ30c: Nevada. lCf20c
MILLSTUFFS Bran. $21Q21.30; middlings.
HAY-Wheat. $10014.50: wheat and oats.
$&U 18.50; barley. $7010; alfalfa. $7friA.5;
clover. $7ffl0; stock. $5.5097.50; straw, 30ff5)c
FRUITS-ApHes, choice. $1.35; common. 40c;
bananas. 75e6$3: Mexican limes. $104.50;
California lemons, choice. $3.50; common. $1;
oranges, navels. $1.3003.50; pineapples. $2fl8
POTATOES Early Rose. f.VUJl.
CHEESE Young America. lOHffllc; East
RECEIPTS-Flour. 20.W. quarter sacks;
wheat. S4 centals; barley, lion centals; beans.
500 racks: corn. 1212 centals; potatoes,
aackt; bran. 43S saeks; mlddilcgs. 225 sacks;
hay. 3S1 tons; wool. 349 bales; hides. 19SI.
NEW YORK. July C.CIoxIng quotations
Adama Con $ .30'Llule Chief $
Alice 3S'Ontarle 4.
Breece aoiOphlr o.
Brunswick Coh.. .3Phoenlx
Comstook Tun... .0SPotesi
Con. Cal. &. Va.. IJPt Savage
Horn. Silver 1.73lSlerr Nevada...
Iron SJlver 3.15SmalI Hopes... .
ladvllle Con... .OGjStandard .... l
C Closing quotations:
; 4.00!Mehawk $ 4P
27-SSiMont, C. & C. . 1
K.S0IOM Dominion. 24
28.00(Qulncy . .'. .
Cal. & Heela. .
18.00;Tamarack .... 112
13.25Unlted Copper. 22.
S1.00U. S. Mining.. 2S.
fl-35 U. S. Oil 10.
20.00 Victoria 3
Wool at St. Louis.
ST. LOUIS. July a.-Wool -Steady; medium
grades combing and clothing 2&g-30Hr. light
23-i2c oeavy nne. jbBc, tub wassed.
SELL FOR PROFITS
Manipulation of Stocks in New
TONE IS MUCH UNSETTLED
Congestion of Activity In Reading
and Union Pacific Restraining
EfTect of Money Market Out
look Irregular Close.
NEW YORK. July 6. The coincidence cf
the free selling of stocks to take profits yes
terday and the publication of n Interview
with a prominent speculative leader, who
spoke with great confidence of the prospect
for much higher prices, had the effect of
leaving sentiment a good deal unsettled today.
There was further selling of stocks at avail
able opportunities and under coer of th".
rustalnlng effect of the spectacular movements
In special stocks. Several Incidents of the
day were in favor of the market, and it had
no important obstacle to contend with. But
the volume of dealings Tell below the total
of yesterday and there was a violent conges
tion of activity In Reading and Union Pa
cific. The buying of Reading came from many
quarters, under the encouragement of the bold
leadership In the morement and the seem
ingly Irresistible character of the advance.
The only news en the stock was the general
assertion of Its high earning power, and the
bold predictions circulated of the extent to
which It was Intended yet to carry the
movement. Erie was affected In sympathy.
The speculation In Union Pacific was festered
by rumors or an Intended extra dividend on
the stock. Southern Pacific and St. Paul
showed sympathy. Tennessee Coal fluctuated
violently on comparatively small dealings.
This about defines the limits of the important
movements of the day.
Time leans were firmer In tone, and It Is
probable that consideration of the money out
look had a restraining effect on the market.
Paris renewed Its takings, of gold in the
linden market and the sterling rate declined
In Paris. The possibility of further export
of gold from New York Is thus kept open.
Receipts on account of Klondike gold are
constantly replenishing the New York supply
now. It is expected also that the Govern
ment bonds to be released by the return of
Government deposits on July "13 will go prompt
ly Into use for new Issues of bank notes.
This would add to the available supply of
currency and facilitate an outward move
ment of gold. The effect of the subscription
to the Japanese loan seems to be viewed with
more uncertainty, even where the proceeds
of the former loan were left on deposit here.
The shift In the loan account cauied some
temporary disturbance In the money market.
Satisfaction Is felt over the authoritative
Intimation that no withdrawal of the loan
proceeds Is Intended before the last of Octo
ber. A large proportion of the last Japanese
loan remain on deposit In New York and
is placed In call loan here, ro that the Jap
ane.e government's handling or Its balances
might have, an Important effect on the New
York money market.
The digestion of profits was persistent, and
as a rule the day Important "gains are re
stricted to a few picked stocks. The closing
tone was Irregular.
Bonds were steady. Total sales par v!ue.
$4,330,000. United States bonds were un
changed on call.
CLOSING STOCK QUOTATIONS.
Sales. High. Law. Bid.
Adams Exprens - 243
Aroal. Copper... 1P.JKX) S2;i S2 S2H
A. Car & F 1.100 357i 33H 35H
do preferred fS
Am. Cotton OH 11
Am. Express 230
A. II. & L. pfd. 700 37T 37i 37i
American Ice 25
Am. Linseed Oil 17 U
do preferred 30 ?i
Am. Locomotive 2.100 AS 4Si 4SU
do preferred.. 300 112j 112U. 112
A.' Smlt. & R.. ll.tlOO llSH I17H 117H
do preferred.. 200 llf 110U 110H
A. Sugar Ref... 3.300 1404 130 1304
A. Tob. pfd. cer. 30O 7 07 i7l
Ana. Mln. Co... 1.300 107 U 106 UhJH
Atchison 11.200 S3 S JJ1
do preferred.. i00 102H 102 102
Atlantic C. L. . 20. IMK 163 163
Baltimore & O. 13.400 114 113, 1134
do preferred.. 300 1I7H 7H i7i
Brk. Rap. Tran. 35.700 72 70T 71
Can. Pacific 14,300 1324 151 132
Central of N. J 204
Ches. & 0 5.400 54 i 334 53
Chicago Alton :00 37 H 3lVj .15
do preferred.. 200 70 H 7UU 7ti
C. Gt. Western. 11,400 20; 20 20
C. & Northwest. 1.20O 210H 200 208'i
C. M. & St. P . 13.000 150 17K.i 17i
C. Ter. Jt T 100 lSj 1814 lS'.i
C. C-. C. & S L. 100 it'J STi 9Si
Colo. F. & I... 16.300 47'i 4 40?m
Colo. & So 300 27 i 27 i 274
do 1st pref... 7Kl 3SH 58 58
do 2d pref 500 SSH 374 33 U
Con. Gas 1SS
Com Product.. 200 104 104 10 K
do preferred . . - 4S"Vi
Del & Hudson. 500 1Wi ISOVi ISUVj
D. . 1-ack. & W. 200 3K0 3S0 300
D. & R. Grande 300 31 31 30Vi
do preferred.. loO S! M SG
Distillers Secur. 1.100 44 43 4.14
Erie 4H.500 47i 4ri 47"..
do 1st pref... 4.300 S3 824 fCrs
do 2d pref S.rtOO 73 72 'j 72 H
Gen. Electric... 200 170H 1704 177
Hocking Valley il
Illinois Central. 5.200 10 lrt7-i ICS
Internal. Paper. 400 20 U 20H 20
do prererred.. 700 70 S 7!"4 70
Internal. Pump. 2uO 20U -04 2
do preferred.. 100 SO SO SO
Iowa Central... 200 27 27 25
do preferred ..... Ml
Kas. City So 20
do preferred.. 100 3 ft 31 .VT.U
Louis. & Nash. 3.MUI 140U 14SH USVt
Manhattan L 3.600 1MH 105i 1B54
Metro. Securities 3,400 83 i $24 S3
Metro. St- Ry.. S.700 12JU 12S 12Si
Mexican Central 1.300 22 Vi 22 22
Minn. & St. I. 34
1I.SP4-SS M. 100 1234 123H 123
do prererred IR04
Missouri Pacific 4.300 10014 09i 0ii
Mo.. Kas. fc. T.. S00 20 20 20
do preferred.. 700 fil4 CI c.l
National Lead.. I.0OO 47H 47 40
N. R. R. M. pfd. 200 3tt 3rt 3K
N. A Central... 12.100 14R 147 147 vi
N. Y.. O. & W. 2.400 33 U 52 H 32 i
Norfolk A Wet. 4.100 Srt4 83H S3T4
do preferred J I1 H
N. Amerl'-an... 400 ioo ni 90Ti
Nor. Pacific l.on ll0 1S 1SRH
T'aclflc Mall 300 IS 434 43
Pennsylvania .. 32.300 I42H 141-4 1I2H
People's Gas.... 4,sno lOdH 10. irw
P.. C. C Sc S. L. 100 7rt 7l 7fi
Tress. S. Car... no 40 a4 30 H
do preferred 94
PuIL Pal. Car. 100 240 240 23
Reading 1S2.BO0 1074 104S lOtl
do 1st pref... 200 3 03 024
do 2d pref.. . 3.100 P34 314 924
Republic Steel.. 1.000 20U 104 20
do prererred.. 2.00 81 80 80i
Rock Island Co. P.OOA 314 -tit; 314
do prererred.. 20O 704 81 7$'4
Rubber Goods.. fiOO 34 4 34 4 34
do preferred.. 200 104 104 104
S L & S F 2d pf. 2.400 rt8; 74 074
S. U Southwest. fiOO 2.T-4 224 234
do prererred.. 300 f.24 2 024
So. Pacific 13.000 rt34 04 U 4
do preferred.. 400 1174 117H 1174
So. Railway 1.300 S3 324 32H
do preferred.. 300 ns 08 077;
Tonn. C. & I... -12.200 014 W) 004
Texas & Pacific. ..... 34
T.. St. L. & W. 700 3ti . 3R, 384
do preferred.. 200 374 57 4 374
Union Pacific . 11 1.400 1304 12S4 1304
do preferred 974
V. K. Express. 1224
U. S. Leather.. 3O0 134 124 124
do preferred.. 400 109 100 109
V. S. Realty S3
V. S. Rubber. . 10.000 44 41 i 43 v4
do preferred.. 4.300 110U 1084 1094
U. S. Steel . 54.000 334 324 33
do preferred.. 33.200 100 994 1004
Vir.-Car. Chem. 2.200 37 33, 334
do preferred.. 200 107S 1074 101
Wabash 200 1P4 194 104
do preferred.. 200 404 404 404
Wells-Fargo Ex 240
Westlnghouse E. 100 16R 108 lfi4
Western Union. 1.000 034 f.4 034
Wheel. & L. E.. 100 l i 1314
Wis. Central... 200 24 S 24 4 24 4
do preferred.. 100 32 32 51,
Total sales for the day. $27,100 shares.
NEW YORK. July O.Closlng quotations:
U S rf 2s rer 1034!D. A R G. 4s . loflti
i do coupon ...1034 N. Y, C, G. 34s. 34
C. S. 3s-reg....l034iNor. Pacific 3s.. T7
do coupon 104 (Nor. Pacific 4i.. 1054
U. S. new 4s rtg.132 1S0. Pacific 4s. .. 83
do coupon 1334IUnion Pacific 4s. 105
U. S. old 4s reg.104 iWls. Central 4s. 94 4
do coupon 104 'Jap. 6s. 2d set.. 9ST
Atchison .Adj. 4s 07 Map. 44s. ccr... 914
Stocks at London.
LONDON. July ft Consols for money.
904; consols for account. 004.
Anaconda ...... 34Norfolk & West. SS
Atchison S7 1 do preferred... 93
do pref erred. .. 105 (Ontario & Wast. 544
Baltimore & O. .117 Pennsylvania ...73
Can. Pacific. . ..156 I Rand Mines 94
Ches. & Ohio... S5!Read!ng 54
C. Gt. Western. 21 do 1st pref.... 474
C M. k. St. P..1S34J do 2d pref. .. 44
DeBeers 104 ISo Railway 33 4 1
D. fe R. Grande. 314 do pref erred... 1004
do prererred... S9 jSo. Pacific ftftl
Erie 4S lUnlon Pacific... .1334
do 1st pref.... S44. do prererred.. . 1004
do 2d pref 74 4 U. S. Steel 334
Illinois Central. 1714; do prererred... 1024
Louis. & Nash.. 1324 IWabash 20 h
3lo Kas. &. T.. 294' do prererred... 414
N. Y. Central.. . 152-4 Spanlsh Fours... 91
Money. Exchange, Etc.
NEW TORK. July . Money on call steady.
2462 per cer I; closing bid. 2 per cent; of
fered at 24 per cent. Time loans firmer; 60
days. 3S34 per cent; W days. 3434 per
cent; six months. 34 per cent. Prime mercan
tile paper. 34f?44 per cent.
Sterling exchange steady, with actual busi
ness la bankers" bill at $I.S6P54.S7 for de
mand and at $4.832394.8330 for 60-day bills.
Posted rates. $4.Sff4.S8. Commercial bills.
Bar silver. 3S4c: Mexican dollars. 434c:
Government bonds and railroad bonds steady.
LONDON. July 6. Bar silver steady. 27d
per ounce, money. I14 per cent. The rate
of discount In the open market ror short
bills Is 1 1-16 per cent. The rats of discount
In the open market for three months bills
Is 14 per cent.
SAN FRANCISCO. July B. Sliver bars.
5S4c Mexican dollars, nominal: drafts, sight.
7jc: drafts, telegraph. 10c; sterling on Lon
don. 60 daye. $4.834: sight. $4.S74.
BETTER WEATHER CONDITIONS
DEPRESS CHICAGO "WHEAT.
Increased Movement or Xew Grain In
the Southwest Liberal Selling
by a leading Long.
CHICAGO. July . The wheat market was
weak from the start. At the opening Sep
tember was down 4 V 4c to 4 4c at
S74tfS74c The ractor mainly responsible
for the Initial weakness was the Improved
weather conditions, both Northwest and
Southwest. A contributory Influence was a
decline in the price of wheat at Liverpool.
Sellers were given additional encourage
ment by the Increased movement of new
wheat in the Southwest. This led to heavy
selling of the July option and there was a
sharp decline In the price of that delivery.
Other months were decidedly affected by
the profit-taking In July. Before the end
of the flrst hour September had declined to
Sd4c. On the break commission houses
purchased freely. The buying resulted In a
quick upturn. September advancing to S74?
S34c. The rally was helped by a dual re
port made by two well-known crop experts
estimated the total yield or Winter wheat
at 333.000.000 to 3C3.000.000 bushel, whereas
Inferences from Government figures make
the yield about 435.000.000 bushels. The
market, however, lacked any fresh damage
reports to give confidence to the bulls, and
on that account a reaction soon occurred,
following renewed liquidation. A promi
nent long was credited with liberal sales
during the last hour of trading. The market
cloed weak with. September 4c down at
Sentiment la the corn pit Inclined to bull
ishness. A firm tone prevailed at the close
fcepiemocr ciosea at Jovc.
Weakness of wheat caused moderate profit
taking In oats, resulting In an easy market.
September closed Uc off at 3I4c.
Provisions were firm at the start as a re
sult of decreased receipts of hogs. The
slump In wheat, however, caused some profit-taking,
resulting In a slight loss. At tho
close September pork and lard were each
down 74c and ribs were a shade lower.
The leading futures ranged as follows.
Open. High. Low. Close.
July $ .i04 $ -904 $ .8 $ .894
Sept S74 .S74 .Srt4 .SB4
Dec S74 .874 -S4 .SO-i
July (old). .5 .3GT J34 .54
July tnew) .334 -3t54 .334 .384
Sept.. told). .3 .3d .354 .354
Sept. (now) .554 .334 -33 .334
Dee. tNew). AVU -404 .49 .494
Sept. . .
.824 .324 -324 ' .324
.314 .314 -31 .314
.3517, .32 .314 .31
July 12-15 . 12.55 12.30 12.50
Sept 12.83 12.83 12.724 12.75
Oct. 12.83 12.65- 12.774 12.SU
.. 7.13 7.15
.. 7.33 7.33
.. 7.37 4 7.37 4
July 7.CO 7.1524 7.374 7.574
Sept. 7.83 7.S3 7.774 7.S0
Oct. 7.S3 7.S5 7.S0 7.824
Cash quotations were as follows:
Wheat No. 2 Spring. SI. IOC 1.15; No. 3.
$1.03 V 1.10; No. 2 red. 014i?024c
Corn No. 2. 37c; No. 2 yellow. 574c
"Oats No. 2. 324c; No. 2 white, 334
34 4; NO. 3 -white. 324e33iC.
Barley Good feeding. 42fH4c; fair to
choice malting. 47240c.
Flax reed No. 1, $1.25; No. 1 Northwest
Timothy seed Prime. $3.253.30.
Mess pork Per barrel. $12.5512.60,
Lard Per 100 pounds. $7.05.
Short rlb.o sides Iose, $7.3567.65.
Short clear sides Boxed. $7.73tf7.S74.
Clover Contract grade. $12,230-13.
Flour, barrels 22.700 17.400
Wheat, bushels 33.000 0.200
Corn, bushels 041.000 107.300
Oats, bushels 401.700 161.700
Rye. bushels 1.000
Barley, bushels 100.200 9.300
Grain and Produce at New York.
NEW YORK. July (J. Flour Receipt. 22.
400: exports, 32tO. Quiet and- barely steady.
Wheat Receipts. 1000. Spot barely steady.
I No. 2 red. $1.07 elevator, and $1.08 f. o. b.
afloat; No. 1 Northern nuluth. $1,194 f. o. b
afloat. The futures market closed heavy, at
461?ic net decline: July closed 044c: Septem
ber cloted Wc: December closed OO'ic.
I Grain at San Francisco.
SAN FRANCISCO. July C. Wheat and bar
j Spot quotations: Wheat Shipping. $1.4743
i.., liuiu.i. i..o-a j.-. oaney r eed.
P24flP74c. Oats Red. $1,1241-23.
Call-board sale: Wheat December. $1.42-4.
Barley December. 014c Corn Large yellow,
Minneapolis Wheat Market.
MINNEAPOLIS. July 6. Wheat No. 1 hard.
$1.13; No. 1 Northern. $1.11: No. 2 Northrsu
$1.07: July. $1.03; September. 924gP2Hc: De
Wheat at Liverpool.
LIVERPOOL. July 6. Wheat-July. 6s lid;
September. 6s 104d; December. 6s lOHd.
Wheat at Taeoma,
TACOMA. July Wheat unchanged: mill
ing, blue-tern. $Sc: club. 82c.
If Baby Is Cuttlas Teeth.
Se gare ane m that cla and well-txied remedy,
Vra. WlsaloWa Soothlnr Syrup, far cbllirea
teething. It soothe th child, softens th guau.
allays all nls. cures wind cUo and dlarrhooa.
Downing, Hopkins & Co.
WHEAT AND STOCK BROKERS
Room 4, Ground Floor Chamber of Commerce
FEELING IS HOPEFUL
Better Conditions Prevail in
the Iron Trade.
BIG ORDERS FOR BRIDGES
Adjustment of Sheet and Tin-Plate
Scales the Event of the Week.
Deadlock Still Continues In
Pig Iron Market.
NEW TORK. July 6. The Iron Age in Its
issue of today says:
The feeling in the Iron trade generally Is
distinctly hopeful and yet there Is little that
Is tangible to Justify Increased optimism.
The branches which saved the situation after
the check of the tate Spring are still the
backbone ot tho good times. These are th
structural and the plate trades, which are
flourishing through the railroad building of
cars and engines and the heavy requirement
cf buildings. The fact may be mentioned that
the American Bridge Company alone booked
orders for bridges, buildings and structures
aggregating 81.000 tons during' June. Tho
New York Central order for buildings. Involv
ing 157,000 tons at structural material, were
placed durlt the week. Chicago did a good
business and has some large work in eight.
In the plate trade, mills In the Central
West have been forced, through sheer Inabil
ity to make deliveries, to transfer work to
Some good mall orders have been placed
lately, including 15.000 tons with one mill
In the Central West and 30.000 tons with an
The event of the week In the lighter lines
has been the adjustment between the. Amer
ican Sheet A Tin Plate Company and the
Amalgamated Association, of both the sheet
and the tin plate scales. The men receded
.completely from their demands for an ad
vance In wages and accepted substantially
tho existing scales. Oae very Important
point was made and that Li that the clauses
relating to restricting of output were elim
inated. This has been a sore point with those
manufacturing whose mills were under union
The rebate of 4 per cent In tin plates. In
tended to supplant foreign plates Imported
under the drawback clauses, continues, to
August 1. After that date It may be re
stored by the company to the original 3
per cent rebate. If conditions require It. The
settlement of the wage questions in these
two Important branches removes practically
the only cloud on the horizon. From a mar.
ket point oNvlew only a prolonged struggle
could have affected values.
There are Indication that at least cn
large consuming Interest In the foundry trade
has begun to feel the market for nig Iron
seriously, but that Is the exception. The
deadlock Is really unbroken and the drift
ot events aeems to favor the buyers since
Southern iron has weakened further and some
smaller Interests have accepted the basis
of $11 for No. 2 roundry at Birmingham. The
leading Interests In all the principal pro
ducing sections, however, are abstaining from
any attempt to force pig Iron upon unwilling
buyer. It will take some striking event
to start the buying movement, some mer
chants believing that we may dray along
In this manner for the whole of this month.
Bids .are being opened today In this city
ror a round lot of cast Iron pipe. Kansas
City has Just awarded 6C00 tons.
NEW YORK. July G.-The London tin mar
ket added slightly to the advance of yester
day, closing at 140 5s for spot and 133 5s
for futures. The local market was firm In
sympathy, with spot quoted at 30.70f?31c.
Spot copper was unchanged at 66 In Lon
don, but rutures were a rhade lower at 66
la 3d. Locally the situation n-a unchanged.
Some dealers are still said to be holding for
15.23c for lake, but the demand Is moderate
and generally speaking both lake and electro
lytic are quoted at 13c and casting at 14.33c.
Lead was firm, but unchanged, at 4.30ft4.BOc
in the local market and higher at 13 12s 6d
Spelter was unchanged In both markets,
closing at 5.30c locally and at 23 17s 6d
Iron closed at 40s 4d In Glaszow and at 45s
6d In Mlddlesboro. Locally Iron was un
changed: No. I foundry Northern Is quoted
at $18.25316.50; No. 2 do. $13.50ffl6; No. I
do Southern. $15.2315.75; No. 1 do soft
$15.25518; No. 2 do soft. $14.75ffl5.25.
Trices Quoted at Portland Union Stockyards
Receipts at the Portland Union Stockyards
yesterday were 240 sheep. 50 hog. 30 hones
and 17 mules. The following prices were
quoted at the yards:
CATTLE Best Eastern Oregon steers.
$3.50; cowi and heifers. $2.502.75: medium.
$1.502; calves, best. 125 to 2U0 vounds. $3.
HOGS Best large, fat hogs. $6; block and
China fat, $5.2535.50; stocker. $3.
SHEEP Beat Eastern Oregon and Valley,
sheared. $3; medium. $2.75; lambs. $44.25.
Prices Current at Kansas City, Omaha and
KANSAS CITY. July tl. Cattle Receipts.
7000; market steady to shade lower. Na
tive steers, $4.73fr5.70; stockers and feeders.
$2.754.50; bulls. $2.254.00; Western fed
steers. fl.005.25: Western fed cows, $3.00
Hogs Receipts, 0000; market weak to 5c
lower. Bulk or sales. $3.3503.40: heavy,
$5.3095.35: packers. $3.35 3.40; pigs and
lights. $3.30 IT 5.40.
Sheep Receipts. 4000; market strong and
active. Muttons. $4.40(g5.73; Iambs. $3.75
7.40; range wethers, $4.755.75; fed ewes.
SOUTH OMAHA. July 6. Cattle Receipts.
3500; market steady. Native steers, $3,759
5.65; cows and heifers. $3.0094.80; Western
steers. $3.25 4.73; canners, $3.005.30;
bulls, stags, etc.. $2.233' 4.40.
Hogs Receipts, 10.000: market steady.
Heavy. $3.20?5.274 ; mixed. $3,224 5.23;
light. $3.235.30; pigs, $4.0035.00; bulk ot
sales. $5,224 5.274.
Sheep Receipts. 6000; market active and
strong. Western yearlings. $4.50(96.50;
ewes. $4.003.00; lambs. $0.3007.50.
CHICAGO. July 6. Cattle Receipts. S300;
market slow and steady. Good to prime
steers. $5.500:25; poor to medium, $3.80
5.30; stockers and feeders. $2.503 4.30; cows.
$3.0004.50; heifers. $2.3003.10; canners.
$ 1.30 3.00; bulls. $2.00 4.00; calves, $3.00
Hogs Receipts today. 20.000; tomorrow,
22.000; market. 5c higher.. Mixed and butch
ers. $5.555.60; good to choice heavy. $3.50
&S.65: rough heavy. $5.0005.35; light. $5.40
(75.60; bulk of sales. $5.474 95.574.
Sheep Receipts. 12.000: sheep and Iambs
steady. Good to choice wethers, $4.75'8I5.00:
fair to choice mixed. $3.3095.10: Western
sheep. $3.755.60; native Iambs (Including
Spring). $3.3095.25: Western lambs. $4.30
Dried Fruit at Xew York.
NEW YORK. June 6. The market for
evaporated apples continues very firm, 640
being asked In soma. Instances for futura
shtpments of prime frulr. Common to good
are quoted at 44c; prime. 6c; choice. She.
and fancy. 7c.
Prunes remain quiet on spot, but the tone
of the market is firm and a better demand
Is reported for future shipments from tha
Coast. Spot quotations range from 24c to
6c. according to grade.
Apricots remain as recently reported, with
choice quoted at 105104c. extra choice. 11c.
and fancy. 12215c.
Peaches are strong in tone, owing to the
advancing tendency of the market for fu
tures, but spot quotations are unchanged,
with a light demand. Choice are quoted at
10Si04c: extra choice. 1044?104c. and fancy.
Raisins are In moderate demand and rule
ateady to firm. Loose muscatel are quoted
oU'SSUc; seeded raisins. SHe-Tic; London
Washington Crop Report.
The Washington weekly crop bulletin saya
Heavy rains during the fore part of .the
week, and the weather was cool ror the time
of year. The closing days of the week were
warm and sunshiny. Jhc ralna were said
to be the heaviest ever known at this tlmt
of year In some localities of the eastern coun
ties. While. In general, the rains were benefi
cial to crops, considerable hay. Winter wheat,
and barley were beaten down and lodged by
raln and wind, and quite a large amount
of hay that was cut down was damaged or
completely spoiled. ThLi was particularly
true of alfalfa In the eastern counties. On
the tvhn'p th nvm- rn.
' Spring wheat and oats were greatly bene
I fltcd by the rain, and favored by cool
I weather. The wheat outlook in general con
j tlnues very favorable.
J The ample moisture, followed by warmer
earner, nan a good effect on potatoes and
garden. Potatoes look very thrifty and
many are in bloom. Hops are greatly im
proved and are arming out. Spraying is
general. The rains had a bad effect on cher
ries, cracking them open, and those still
on the trees were nearly all epolled.
Minimum ot Contracts Reduced;
NEW YORK. July 6. At a meeting of tha
New l'ork Grain Trade at the Produce Ex
change It has leen decided to authorize trad
lng In grain future contracts of 1000 bushels.
The present minimum la 3000 bushels. This
will. It Is argued, have the effect of divert
ing direct to New York a large amount of
grain now shipped by the farmer In Interior
markets. The plan proporcd Is to have two
rings for wheat trading, the larger on
being for 5000-bushel lots, as at present,
and the smaller one for 1000-buahel lots.
Dairy Produce In tho East.
CHICAGO. July d.-On the Produce Ex
change today toe butter market was steady,
creameries, M'u'jUc: dairies. 13l$c; eggs,
steady at mark; case. Included. 13c: firsts,
14c; prime firsts. 154c; extras, 174c: cheese,
NEW YORK. July 6 Butter steady; un
changed. Cheese quiet and unchanged.
Eggs firm. Western extras. 173174c "
Changer la Available Supplies.
NEW YORK. July 6. Special cables and
telegraphic communications received bv Brad
street's show the following changes in avail
able supplies as compared with last report:
Wheat United States and Canada, east of
the Rockies, decrease. 1.D05.000 bushels.
Afloat for and In Europe. Increase. 1.800.000
Total eupply. decrease. 105,000 bushels.
Corn United States and Canada, east of
the Rockies, lnen-aie. 1.104.0W) bushels.
Oats United States and Canada, east of th
Rockies, decrease. 113.000 bushels.
Coffee nnd Sugar.
NEW YORK. July 6. Coffee Futures cloasd
steady, unchanged to five points lower. Sales.
33,300 bags. Including September, 6.S0g.83c;
October. 6.83flU.3c; November. 7.05c; .De
cember. 7.05'!?7.10c; March. 7.25'37.30c; spot
RIo quiet; No. 7 invoice, 74c; mild, steady:
Sugar Raw dull: fair refining. 3?4c: centri
fugal. 06 test. 4 3.16c; molasses sugar. 3 3-16S
3ic; refined steady; crushed. 6.10: powdered.
$5.50; granulated. $5.40.
NEW YORK. July 6. Cotton futures closed
very steady, at an advance of 23 points.
July. 10.60c; August. 10.63c; September.
10.7uc; October. 10.00c; November. 10.88c;
January. 10.01c: February. 10,I4c; March.
10.00c; April. 11.01c; ilay. 11.03c.
NEW ORLEANS. La.. July 6. Prices rosa
steadily on the cotton market todav until ad-
vancrs averaging 30 points on the active fh-
mre positions was recoruea.
London Wool Sale.
LONDON. July . The offerings at the wool
sale stoday amounted to 1X273 bales. Com
petition was spirited throughout the session.
Gross bred were In large pupply and bidding
for them was keen at hardening prices. Wool
suitable for America realized, extreme rates.
Good, heavy half-breds. heavily skirted, were
also taken by Americans.
FLOOD QUICKLY SUBSIDES
Panic Caused Among Farmers in
Vicinity of Baltimore.
BALTIMORE. July 6. The Hood last
night, which was caused by the overflow
I ot Jones Falls, a stream which runs
through the central part of Baltimore and
which resulted from a cloudburst at Tl
monlum. In Baltimore County, has com
pletely subsided, the water In the falls
having; fallen almost as quickly as It rose.
In the city no Hve3 were lost, and trier
damage Is conlincd to the streets in tha
vicinity of the falls. The total loss Is
roughly estimated at $30,000.
In the country north of Baltimore tha
storm was terrific, and the fall of rain
extraordinary, the people being- panic
stricken for several hours and many flee
ing for their lives. The suburban towns
of Mount Washington, Lutherville. Cock
eyvllle. Mulvale and other points, were
hemmed In until an early hour this morn
ing, but ao far no report of loss of life
has been received. The Intervening farm
lands were inundated, fences everywhere
were swept away and small buildings
along the falls from Mount Washington
to the Pennsylvania railroad bridge were
wrecked. Scores of small farmers were
compelled to abandon their houses and
flee for their lives; In some instances
their homes, furniture, cattle and wagons
being carried away In the flood. No ac
curate estimate of the losses in the
t county can now be made, but the ag
gregate will be large.
is interested, ana snoaia Know
about the wonderfnl
MARVEL Whirling Spray
8 new Ttftatf Bjrtott. JTJtC-
tioncmd Suction, liest Saf.
est Most Conrenlest.
I If be cannot supply tho
' "MARVKI,. accent no
i other, but send its aro for
SUnstrated boot M. Its
full DarUcnlar and 'tlrretiona In.
Tiluabls to Udle3. .It.tRVKI, CO.,
44 C. SSd ST., .EV YORK.
Woodaxd. Clarke & Co.. Portland. Oregoa
These tiny Capsules are superfod
to oaisarn or uopaiua, f
CURE IN 48 HOURVJ
tha same diseases without!
Said by all drugisis
tires Vfe. 3