Image provided by: University of Oregon Libraries; Eugene, OR
About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Sept. 1, 1905)
AC THE HORNING7 OREGONIAN, FRID SEPTEMBER Lit 1905. 1 IIP MARKET OPENS Sixteen Cents Paid for Choice New Crop. TWO HEAVY TRANSACTIONS' Scren Hundred and Fifty Bales Arc Bought fQr Shipment to "En-, land More Reports of Shortage in. New York. HOPS Market tor choice 1003b opens at 16 cents. Heavy buying for export. New York and foreign Crop conditions. FRUIT Slump In watermelons. High prices for cantaloupes. VEGETABLES Front street flooded with tomatoes. BUTTER Car of Eastern Is turned down. EGGS Market stronsr and. advanc ing. POULTRY Stooks cleaned, up at cut prices. The market for 1005 hons oraned Yesterday. I und. as was expected, at a good figure, 10 cents. Thin dtapoveii of all the talk that has been Indulged In by hop bears fpr several months past of a 10c or 12c opening market. Two deals -were carried through, aggregating 7C0 bales, all for English account. The larg est transaction was between two well-known hop Anna of this state. The lot disposed of was 500 bales to be delivered In Ocetober. The hops are to be of choice quality and the price is 16 eenUi. The names of the buyer end eeller were not made public, but the par ticulars will doubtless leak out in a day or two. It Is known, however, that the pur chaser is a leading exporter and buys largely for shipment to England every year. The other purchase, 250 bales, was made by Ralph Wllllamr, the well-known Dallas dealer. The price paid for this lot was T4 cents, and the quality of the goods prime. A number of other dealers have orders for new hops, but have not yet filled them. There Is not much activity ln1904s. though two purchases were made yesterday by Salem firms. Sohucklng buying 110 bales and Pincue & Lachmund 100 bales. A letter was received by a Portland dealer yesterday from -a well-known New York City hop firm, who have offices on Pearl etreet, of that city, saying that what few hops wore raised In that state this year would be of in ferior quality, and that in their opinion Eng land would take 60,000 bales of our choice Coast hops. A communication from Philip Blckler, who Is s. member of the firm of John R. Scott & Co.. of 67 Broad street. New York, says: "I returned from Watervllle yesterday and found hops In poor condition, with plenty of honey "dew and red rust. Growers are discouraged. Some growers say they will not set a box In their yards." A .wire from Seth Parsons, a large dealer -Qa-Kharon Springs, N. Y., aaysi "New York crop will not be more than one third of that of lost year, with every appear ance of mixed quality." A cable received here yesterday from a welj-known London firm, says: "All indications now point to Inferior qual Ity. mould running bad. -Den't think England will neve to exceed -450,000 cwt." Another cable from a hop man In Kent, England., says: "Weather conditions are bad. Red spider and mould increasing. Looks like 400,000 to 425,000 cwt." A wire from California reports that the California yield will not exceed 50,000 bales. M. II. Durst sent a telegram'from Alameda yesterday saying he had received a cable gram from Ironmonger at London to the effect that picking had begun in the English yards, that conditions were bad and that the crop was coming down light. WATERMELONS AT ANY MICE. Receipt Far Exceed the Demand Scarcity of Cantaloupes. The watermelon market has gone to pieces. Receipts from California and points in Ore gon have been in excess of local require ments and all kinds of prices are the result Most of the business done yesterday was be tween 75 cents and $1. Cantaloupes were very scarce on tho street, as a car that was due In the morning did not arrive until night. Sales were made as1 high as $1.50. The usual quantity of peaches arrived and complaint was made that too many of them were small and green. Another big lot of tomatoes was received and at a late hour the Alder-street dock Vos rtlll piled high with them and dealers were in no Hurry to haul them away. A good many -were sold to hawkers at 2040 cents. EASTERN BUTTER TURNED DOWN. 'sallroad Company Trying to Dispose of a Carload Eggs Firmer. A carload of Eastern buttor was received yesterday. It was said to be in bad order from overheating or some other cause. 'At any rate, the firm for whom It was intended turned it down and the railroad company was making efforts to dispose of It to the trade. The egg market was very stiff -with the searjeity of fresh stock xriore pronounced. SaleB were generally made at 21024 cents, butlaome business was reported at 25-cents. Poultry wa In fairly good demand, but buyers made- much complaint a"bout -'high, prices. Spring 'Chickens' were over abundant and cleaned up in some ' instances . at 13 cents. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: , Clearings. Portland $617,362 Seattle 740.380 Tacoma -450.580 SpoKane 377.080 Balances. $126,087 150.106 Sl.BOO 61,556 PORTLAND QUOTATIONS. Grain, Flour, Feed, Etc. straights. $44.25: clears, $3.75 4; Valley, $3.0004.10: Dakota hard wheat,-0.60O!7.25: Graham. $3.50S4; whole wheat, $4 04.25; rye flour, local, $5; Eastern. $5.5065.60; cornraeaL per bale. $1.00 2.20. OATS No. 1 white feed, $23024; gray, $22 per ton. WHEAT Club. 68 Q 60c per bushel; blue item, 71072c; Valley, 72c. BARLEY tfocd. $20 per ton brewing, $21; rolled. $22023. RYE $1.S0 per cental MILLS TUFFS Bran, $10 per ton; mid dlings, $24.50; shorts. $21; chop. U. S. Mills, $10; linseed dairy feed, $18; alfalfa meal. $13 per ton. CEREAL FOODS Rolled oats, cream, 00 pound sacks, $6.75; lower grades. $506.25; oatmeal, steel cut, 50-pound sacks, $8 per barrel; 10-pound sacks, $4.25 per bale; oat meal (.ground), 50-pound sacks, $7.50 per barrel; 10- pound sacks, $4 per baie; split peas. $5 per 100-pound sack; 25-pound boxes, $1.40; pearl barley. $4.25 per 100 pounds; 25 pound boxes. $1.25 per box; pastry flour, 10 pound sacks, $2.50 per bale. 3tAY Eastern Oregon, timothy. $14015 er ton; Valley timothy, $11012; clover. $9; cheat, $7.5000. Vf etablee, XraK, JCtc. DOJWTIC "FRUITS Apple. 80c f $1.7$ per box; peaches, 50 000c per crate; plums. 5O075o per crate; blackberries. $L230L50 per box; cantaloupes. 73c$L50 per crate; pearo, $CM-25 per box; -watermelons, &0 lc per pound; craoapples. $1 per box; grapes, OOc0$1.5O; cosabas. $202:25 per dozen; prunes, 7QfiS0e; huckleberries. Sc pur pound. TROPICAL FRUITS Lemons, choice, $5.5 00.50 flrUWL V.l.nffa. rhnli.. eur.n- fancy. $1.50 per box; grapefruit, $2.5003 per box; bananas, 5Hc per pound; pine apples. $2.6003.50 per dozen. FBESW VP.ftPT AUT.CC Tt.n. 1 pound; cabbage. 10 1U per pound; cauU- 4.inuc per uosen; celery, 75bc per dozen; corn, S0Oo per dozen; -cuauralxrs, 10015c per dozen; egg plant, $1 per crate; peppers. 7Se per pound; pumpkins, 74 THc; tomatoes, 20040c per crate; equach, 6e per pound. ROOT VEGETABLES Turrips, $1.2501.40 per sack; carrots, $1.2301.50 per sack; beets, $10L25 per sack; garlic, 12c per pound. ONIONS Oregon, $1 per sack; Globe, 75c !er sack. POTATOES Oregon. 50 0 75c per sack; Merced sweets, 2Uc per pound. DRIEn VRI'ITK innl.. 7 Cl tt- TnrA- . apricots. 1212.4c; peaches, 1OH0-12V4C; pears, none; Italian prunes, none; California figs, white, 4 00c per pound; black. 4 05c; bricks. 12-14-ounce packages. 75085c per box; 56-ounce, $202 40; Smyrna, 20c per" pound; dates, Fard. 6c. RAISINS Seeded, 12-ounce packages, 70 8c; 10-ounce. S 00c; loose muscatels, 5& 0 Vic; unbleached seedless Sultanas, 0c; London layers, 3-crown whole boxes of 20 pounds. $1.85; 2-crown, $1.75. Butter. Eggs, roultry, Etc BUTTER City creameries; Extra cream ery. 274 030c per pound. State creameries: Fancy creamery. J?tt30c; store butter. 14 16c; Eastern creamery. 26 0 27c -EGGS Oregon' ranch, 24 0 24UC per dozen. CHEESE Oregon full cream twins. 130 IS He; Young America, 14 14 He POULTRY Average old hens, 13014c; mixed chickens, 12H013c; old roosters, 10c; young roosters. UH12c; Springs, 102 pounds, 14 014 He; 1Q1H pounds. l4H015e; dressed chickens. 13014c; turxoys. live. 180 23c; turkeys, dressed, choice, 10023c; Koew. live, per pound. 88c; geese, dressed, per pound, 0010c; ducks, 14015c; pigeons, $10 1.25; squabs, $202.50. Groceries, Nuts, Etc COFFEE Mocha, 28 028c; Java, ordinary, 18022c; Costa Rica, fancy, 18020c; good, 16018c; ordinary. 10012c per pound; Colum bia roast, cases. 100s. $14.22; 50s, $14.25; Ar buckle. $15.75; Lion-, $15.75. HICE Imperial Japan No. 1, 35.274; Southern Japan, $3.30; Carolina. S6Uc; brokenhead. 251c SALMON Columbia River. 1-pound tails.! i.vo per dozen; --pound talis, $2.40; 1-pound fiats, $1.S5; fancy. 101H-pound fiats. $1,50; H-Pound flats. $1.10; Alaska pink. 1-pound talis, 85c; red, 1-pound tails, $1.30, socJc:ye. 1-pound talis. $1.85. SUGAR Sack basis, 100 pounds: Cube. $5.85; powdered, $5.60; dry granulated $5.50; extra C, $5; golden C, $4.00; .fruit sugar, $5.50; advance over sack basis, as follows: Barrels. 10c; half-barrels, 25c; boxes, SOe per 100 pounds. (Terms; On remittance within 15 days, deduct Uc per pound; If later than 15 days and "within SO days, de duct He per pound; no discount after 36 days.) Beet sugar, granulated. $5.40 per 100 pounds; maple sugar. 15018c per pound. SALT California, $11 per ton, $1.00 per bale; Liverpool, 50s, $17; J 00s. $16.50; 200s, $16; half-pound 100s, $7; 50s, $7.50. NUTS Walnuts, 184c per pound by sack, lc extra for less than sack; Brazil nuts. 15c; filberts. 14c; pecans, Jumbos. 14c; extra large, 15c; almonds, I. X. L., 18?ic; chest nuts, Italians. 15c; Ohio, $4.50, per 25-pound drum; peanuts, raw, 7Hc per pound; roasted, 0c; plnenuts, 10012c; hickory nuts. 7c; oocoanuts, 7c; oocoanuts, 35 000c per dozen. BEANS Small white. 3 04 Vic; large white, 3Hc; pink, 3U08Hc; bayou, 4. 05c; Lima. 6&C. Hops, Wool, Hides, Etc HOPS 1005. choice. 16c; prime, 14c; 104 choice. 100176. WOOL Eastern Oregon average best. 190 21c; lower grados down to 15c aoeordlng te shrinkage; Valley. 25027c per pound. MOHAIR Choice. 30c per pound. HIDES Dry hldeu: No. 1, 16 pounds and up, 16H017c per pound; dry kip. No. 1. 5 to 10 pounds, 14015c per pound; dry calf. No. 1. under 5 .pounds, 17018c; dry salted, bulls and stags, one-third less than dry flint; (culls, moth-eaten, badly cut, scored, murrain, halr-cllpped, weather-beaten or Errubby. 203c per pound less). Salted hides: Stcors, sound, OS pounds and over, VglOc per pound; 50 to' 00 pounds. SH08c per pound; under 50 pounds and cows. 609c per pound; salted kip, sound, 15 to 30 pounds, 9c per pound; salted veal, sound, 10 to 14 pounds, itc per pound; salted calf, sound, under 10 pounds, 10c per pound; (green unsalted. lc per pound iess; culls, lc per pound lees). Sheep skins t Shearlings, No. 1 butchers stock. 250 30c each; short wool. No. 1 butchers' stock, 40050c each; medium. 'wool. No. 1 butchers' stock, 00080c; long wool. No. 1 butchers' stock, $101.50 each. Murrain pelts from 10 to 20 per cent less or 12014 c per pound; horse hides, salted, each, accord ing to size. $1.5003; dry. each, according to Bize, $10L5O; celts' "hides. 23 080c each; goat skins, common. 10015c each; Angora with wool on. 25c 0 $1.50 each. TALLOW Prime, per pound. 3 08 He; No. 2 and grease, 203c. FURS Bear sklna. as to size. No. 1. $2,560 10 each; cubs, $102; badger. .25 050c; wild cat. with head perfect. 25050c; house eat. 5010c; fox. common gray. 50070c; red. $30 5; cross, $5015; silver and black. $1000200; fishers. $506; lynx. $4.5006; mink, strictly No. 1, according to size, $102.50; marten, dark Northern, according to size and color, $10015; marten, pale, pine, according to size and color, $2.5004; muskrat. large, 160 15c; skunk. 40 0 50c. civet or polecat. 3010c; otter, large, prime skin. $0010; panther, with head and claws perfect, $205; raccoon, prime. 30050c; mountain wolf, with head perfect. $3.5005; coyote, 6Oc0$l; wolverine, $60 S; beaver, per skin, large. $506; me dium, $304; small. $101.50; kits. 50075c. BEESWAX Good, clean and pure, 20022c per pound. CASCARA SAGRADA (Chlttam bark) Good, 203Uc per pound. Provisions and Canned Meat. HAMS 10 to 14 pounds, 13 &c per pound; 14 to 16 pounds. 13 c: IS to 20 pounds. 13c; California (picnic), 9Hc; cottage hamt, Sc; shoulders, 0c; boiled ham, 21c; boiled picnic ham. boneless, 15c BACON Fancy breakfast, 19 He per pound; standard "breakfast, 17Hc; choice. 15Hc: English breakfast, 11 to 14 pounds. 15c; peach bacon, 14c. DRY SALT CURED Regular short dears, 11c; dry salt, 12c smoked; clear backs, lie; dry salt. 12c smoked; clear bellies, 14 to 17 pounds average, none; Oregon exports, 26 to 25 pounds, average, lliic; dry salt, 12ic B.uvnuu, uvu uuku, iu tu ao fnuaui aver age, none. PICKLED GOODS Pork, barrels. $18; half-barrels. $9.5.0; beef, barrels. $12; half barrels, S6.50. SAUSAGE Ham. 13c per pound; minced ham, 10c; Summer, choice dry. 17 Ho; bo logna, long. 5Vc; welnerwurst, 8c; liver, 6c; pork, 0010c; headcheese, 6c; blood, 6c; bo logna sausage. link. 4 He CANNED MEATS Corned beef, pounds, per dozen. $1.25; two pounds, . $2.85; nix pounds. $8. Roast beef, fiat, pounds, $L25j two pounds. $2-25; six pounds, none. Roast "beef, tall, pounds, none; two pounds, $2.35; six pounds, none. Lunch tongue, pounds, $3.15. Roast mutton, six pounds, $S.50. LARD Leaf lard, kettle rendered, tlerres. 11c; tubs, llfcc; 50s. llfcc; 20s. HHc; 10s. lHic; 5s. 11 "4c Standard pure: Tierces. 10c; tubs, lOic; 30s. 10c; 20s. 10Hc; 10s, lOJic; 5s. 10"c Compound: Tierces, 6c; tubs. 6Uc; 50s, OVic; 10s, GSic; 6s, fl-ic Oils. TURPENTINE Cases. R6c per gallon. WHITE LEAD Ton lots. 7.Hof 500-pound lots. 7c; less than 500-pound lots,-Sc GASOLINE-rrStove gasoline. - cases. 23Hc; iron barrels. 17b; 86 dec;, gasoline, cases, 32c; Iron barrels or drums. 26c COAL OIL Cases, 20Hc; Iron barrels, 14c; wood barrels, 17c; 63 deg cases, 22c; Iron barrels. 15 He "LINSEED OIL Raw,- 5-barreK lots, .50c; 1-barrel lots. 60c; cases. 65c; boiled. 5-barrel lots, 61c; 1-barrel lots. 02c; cases, 67c t R rested Meats. BEEF Dressed bulls. 102c per pound; cows. 8H04Hc; country steers. -405c. VEAL Dressed. 75 to 125 pounds, 7H0 Sc; 125 to 200 pounds, 4 0Cc; 200 pounds and up. 304 He. MUTTON Dressed fancy. 6H07c per pound: ordinary, 4 5c; lambs. 707 He PORK Dressed, 100 to 130, 7 08c; 150 and up, C07c per pound. Metal Markets. ' NEW YORK, Aug. 31. The London tin market was again lower, closing at 149 10s for spot and 148 15s for futures. Locally the market was weak, with spot" quoted at 32.60 0 32.00c The London copper market also added to its decline of yesterday, closing at 70 12s 6d fo repot and 70 7s 6d for futures. Lo cally the situation Is considered about nor mal. Many authorities claim there Is plenty of copper to go around, but the most valu able supplies are In a few strong hands and while it Is believed that forward business can be done freely around 16H cents, the need of spot supplies are made to pay high prices. Lake and electrolytic 16.50017c; casting. 16.12H 0r16.37Hc Lead was quiet at 4.85 0 4.00c In the local' market and unchanged at 14 Ss 9d In London. Spelter was higher at J25 15s in . London, but unchanged at 5.70 05.80c in the local market. , 'r. Iron closed at -52s Cd in-Glasgow and aV its in Miaaiesboro. in the local market iron is firm. ETISS Severe Break in Stocks on Heavy Selling. FEAR 'MONEY STRINGENCY London Unloads Greater Part or Re cent Purchases Liquidation by New England Holders. Pools Are Weakened. NEW YORK. Aug. 31. The rtoek roarttt suffered eeverely today from heavy el3ag. which came from alt quarters. Includlnp'Loa don. Muoh of the selling probably,'" dueed bv fears of a eomlnr money stringency. this feeling botng btfed upon theyHw level oM New York bank reserve. VejKon oeerver of recent conditions were of t) pinion, how ever, that other and more trnportant eauses were reeponslMe for the market slump. Chief among tfce Is thy fact that London In xaueh dUappolnted at he manner of Its re ception here, and hf unloaded the greater part of her recent purchases at a loss. The heaviest selling tday came from houses whloh most oriyrt act for Boston and New England, thus reviving the report that raids were being egtneered by the re-called bucket shops of that flection. Added to this, all the big comtiton houses of the Middle West continued to array themselves on the bear aide. The declines weakened the poillHw of 9ccrai pool'" whof e operations were admit tedly over-extended. They served ale to weed aut many other weak accounts for the rite. The market opened with a heavy tose, and the early movement waa without significance. The more pronounced reactionary tendency came at noon, when heavy selling caused breaks ranging from two points In Southern Pacific to more than four in Chicago & North western. The prefoure against Reading and Amalgamated Copper was eppeclally etroag. much of the celling at this time being In these stocks. " The Gould group also was heavy, and Union Pacific made a decline of 2H. Part of the gosstp heard in connection with the decline of this stock waa that a pool recently organised has found it advisable to liquidate. The market nbowed some tendency to rally In the later dealings, under the lead of, Atchi son. There were recoveries of a point or more la the active tarae. with Indications of a quiet accumulating la moderate volume, but In the final trading prices broke again, causing a weak close. LondonM sales were not so large as. yester day. The announcement from London that Japan contemplated no additional loana would, under ordinary conditions, have been hailed with pleasure, but -eeetsed to go unnoticed to day. Conditions dealing with the much-dis-cureed Russian loan have undergone a radical ohange in the last day or two. according to advices received here by foreign bonking In tersste. By common consent, they are of the jftnion' that Russia will negotiate her loan abroad. Bonds were weak. Total sales, par value. $3,400,000. United States old 4s advanced H per cent en caU. CLOSING STOCK QUOTATIONS. Closing Sales. 100 94.200 3.500 100 High. 249 85 "i 38 100 Low. Bid. Adams Express, AmaL Copper. . 248 S2K 30. 10u 246 fc4H 3H lwu 20 92 230 My, 2iH 17 40 50 112 12 124 142 100 112 90H 1M 166 112 96 W 168 210 42 184 H 54 3S 78 21 217 H 178 17 4SH 100 44 27 61 H 42 1SS 18 47H 218 454 38 SSH 41H s 3 76 H . ISO 91 176 H 20 60 27 S2 25 H 56 26 56 148 165 62 12SH 23 72 1E2H 164 1M 3Si 71 45 SS 149 54 S4 92 98 287 H 45 143 103 81 44 96 24S 116 72 94 21 A. Car & F do preferred . . Am. Cotton Oil . do preferred. . . Am. Express A. H- & L. pfd. American Ice. . . Am. Llnseod Oil . 70 900 34 2UH do prof erred. . Am. Locomotive do preferred. . Am. SmlL & R. fi.SOO 1.460 05.50 500 12,000 SO0 1.100 00.000 1.700 1,000 10.000 000 3S.109 19.100 52,H 114U 120 H 125 H 144 4 101H 114 01 105H 16S 113U 08 71H 164 4 42H 101 H 50 U 50 H 112)i IMS 124 141?i 100H US SO 104H 166 111 : 93 68 i 162 42 104 U 54 do preferred.. Am. Sugar lief. A. Tob., pf. cr. Anaconda M. Co Atchison do preferred. . Atlantic C. L.. Baltimore & O. . do preferred. . Brk. Jlap. Tron. Can. Pacific. . . . Central of N. J. Central Leather do preferred . . Ches. & Ohio.. Chicago & Alton do preferred.. C. Gt. Western. C. & Northwest. C M. Sl St. P.. C. Ter. & Tran. do preferred . . C. C. C & S. 1 Colo. F. & I Colo. & So do 1st pref. .. . do 2d pref. . . . Con. Gas Corn Products.. do preferred.. DeL & Hudson. Del. L. fc West. D. & R. Grande, do preferred.. 500 500 2.400 8.100 29.500 21 H 221 1SIH 20 Ti 216 179 1.100 S.SO0 700 100 24)0 300 300 101 45Ji 28 H C1H 42H 1S6 10H 100?i 44U 2S 61 H 42 H 186 10 000 217 H 216 700 100 400 6H 88 H 42H, 50 Vi S4 V iSlH 178H 21 80 H 35 H SSH 42 50H SB 7flH 180 178H 20H S3 Dls. Securities. Eric .113. SOD . 1.700 . "2.200 500 do 1st pref.... do 2d pref. . . Gen. Electric. -Hocking Valley Illinois Central. 2,000 200 400 Internal. Paper. do preferred. . Internal. Pump,.,- do. preferred.. .. Iowa Central do- preferred.; . . . Kas. City So.. do preferred . . "Louis. & Nash.. Manhattan L. . Metro. Securities Metro. SL Ry.. Mexican Central MM HEN 200 27 27 100 56 $6 10.200 150 14SH 100 165H 165H 7,600 54 82 18.400 1S1H 128H 8,500 24 23 Minn. & St L-. -MSP&SSM-. do preferred.. MiMOuri Pacific. Mo.. Kas, AT.. do preferred.. National Lead . . N. R. R. M. pfd. 18.000 4.100 2.100 13,300 500 18.700 12.400 5,700 107 t 34H 72 47 38 152 H 55 H S5H 6" 210 . 48 145H 105 U 'is' 96 105 33 H 71 44 !i 38 148 54 . 64H, on" 207 45 143 103 43 9ft 248 115H N. Y. Central.. N. Y-. O. & W. Norfolk & West. do preferred. . North American Nor. Pacific. . . . Pacific Mall... Pennsylvania .. People's Gas P., C. C & S. L. Press. S. Car..v do preferred.. PulL PaL .Car.. Beading do 1st pref. .. "do 2d pref. - . Republic Steel. . do preferred.. 300 4.300 1,. .00 63.000 5.600 ' i.soo 100,. 1Q04 $3,400' 248 119 3.900 3.400 21 S8H 33 S0H 105 H esH 26-. 3 -67 120 36 100 91H 00H 36 37 59 134 20 SflH 32 78 105 H OSH 24 H 62 65H 11RH 5 P9 90 -sen '. S5H 37 58H 131 $8. Rock Island Co. 16.700 32 5H do preferred. . 2,800 Rubber Goods. . . do preferred. . 100 S L 4 S F Id pf. 100 S. L. Southweit 1.7 00 J 34 105 OS 23 do preferred . . So. Pacific do preferred. . So. Railway. . . . do preferred. . 8. Sheffield Tenn. C & I Texas & Pacific. 400 62 66 22,300 300 10.900 .500 300 12,800 1.800 100 500 119 35 99 88 ST 36 T.. St. L. & W. -do preferred . . Union Pacific. . .1 do 'preferred.. . 37 57 7.500 131 96 122 91 50 109 u. S. Express. .. . U. S. Realty. 1.600 400 400 117.300 45.100 200. "lsoo 10.000 92 52' 109 37H 105 32H 21 43 i68- 93 H 90H 51 '109 .36 103 H 32 -'... 21H 42 is -s93 U. 8. Rubber. . do preferred. U. S. Steel 30 108 32 do preferred. . Vlr.-Cor- Chera. do preferred.. Wabash do preferred. . Wells-Fargo Ex. Westlnghouse E. Western Union. Wheel. & L. E-. Wis. Central... do preferred. . 100 21 42 230 166 93 17 29 37 i66 100 2.300 30 2S 2.000 58 57 Total sales for tho day, 1.256,200 shares. S BONDS. NEW YORK, Aug. 3L Closing quotations: T7. S. ref. 2s rrg. 104D. & R, G. 4s. . .101 tto coupon 104!N Y. C O. 38. 99 Vr ,S3s jreg....l03iNor. Badfic.3.. .77 . dp. coupon 308lNor. Pacific 4s.. 106 V. Sf new"4s g.!33 So. -Pacific lis. . . 95 do coupon.. ...133 Union Pacific 4. 106 V. S. old 4s reg.l03iWls. Citral 4s. 00 H do coupon 104 Ji i Jap. 6s, 2d sr..lOOH Atchison Adj. 4s 9S JaD. 4.4s. cer. .. 0OH , Stocks at Lo ob- LONDON. Aug. 31. Co.Jiols for money. 01H; consols for account 91U-" Anaconda 3KNooIk & West. S731 Atchison 92 HI do preferred... 94 H do preferred... 108 J Ontario &. West. 56!i Baltimore & O..H3H Pennsylvania ... 74 M Can. Pacific 166Hlitand Mines 9 Ches. & Ohio... 37 Heading 60 H C Gt. Western. 22Hf o pref...- 48 (X. II. t St, P..163V do 2d pref 4S DeBeers 17fi,So. Railway 37 D. & R. Grande. 3(H do preferred. . .101 do preferred... fiSUlSo. Pactflc 09H Erie J3HjUnIon Pacific. ..136H do 1st pref MHi do preferred... 00 fio 2d pref 78HIU. s. steel ;sst Illinois Central183 H Louis. & Nash J 154 U Ma, Kas. Sc TA 33 H N. Y. Central... 156H do pref erred... 105 Wabash 22 H do preferred... 44 H Spanish Fours... 92 H Money, Exchange, Etc NEW YORK, Aug. 31. Money on call, firm snd higher. 202H per cent; closing bid, 2.& per cent; offered. 2Hj, Pr cent. Tin loans, firmer; CO and 90 mys. 3H0 3 per cent; six months. 484H per cent. Prime mercantile paper. 4H0 4H per cent. Sterling exchange firm, with actual busi ness in bankers bills at $4.503504.5340 for demand and $4.S440 tor CO days. Posted rates. $4.S5H 04.87H- Commercial bills, $4.85i. Bar silver, 60 He. Mexican dollars. 46c Government bonds, firm: railroad bonds. weak. LONDON. Aug. 31. Bar silver, firm, 2Sd per ounce. Money. lt?2 per cent. The rate of discount In the open market for short Dins is 1 VI 15-lG per cent; tne rate of dis count In the open market for three-months bills Is 1?2 per cent. SAN FRANCISCO. Aug. 31. Silver bars. 60c. Sight drafts. 3c; telegraph draft. Sc Sterling. GO days. $4.85; sight, $4.S7. WHEAT HOLDS IIS OWN CHICAGO -MARKET STRONG MOST OF THE SESSION". Strengthened by Unfavorable North west Weather and Better Ca bles Day's Fluctuations. CHICAGO.' Aug. 31. The wheat market opened firm, the September delivery being H C He at 78 079c Decem ber was up ffc to c at SO; 81 c The chief cause of the Initial firm ness was general rain In Minnesota and the Dakotas. with rain In the Canadian rorm west. Soon after the opening, an official forecast of additional rain In the Northwest cave further encouragement to xne nuns. The market derived Increased strength from the firmness of the Liverpool market. Higher prices In the English grain center were said to be the result of bullish advices regaraing the German crop. For a time the offerings here after the opening were light. On a fair demand from shorts, September touched 9c while December held firm at the in itial figures. Later the market weacened on liberal profit-taking In September, tne price of that option declining- to Sc Mean time December sold off to 80 c Reports of Increased receipts at primary points started liquidation. During the last nan hour DracUoally ail of the loss was regained on renewed covering by shorts. The market OH) ted firm with September at i8tf:c and December e higher at 81c. The com market was Irregular, continuea clear weather was the chief factor In the cituaUon. The market closed steady. Sep tember opened unchanged at 53 He. sold to 53c and closed at 53c. December closed U c up at 43c. The oats market was steady. September opened unchanged to-a shade higher at 25 fT2SSc sold off to 23c and closed at tne lowest point of the day. December ranged between 26c and 26c and closed a shade higher at 26c Under active support from leading packers the provision market was firm, notwith standing a moderate demand In the price of live hogs. September pork closed 15c higher. lard 3c up and ribs 7c lower. Notwithstanding the action or tne iioara of Trade In lifting the ban on puts and calls, there was no disposition to do any trading of that character here today, Puts and calls are contrary to the Illinois state statutes. Threats of prosecution under tne statutes seemed to be for the day at least an effectual offset to the action of the Board of Trade Leaders of the fight for recog nition of puts and calls declared today that the practice would net be resumed till a test case could be brought to a final determina tion. Meantime the Chicago put ana call business will be sent to Milwaukee. The leading futures ranged as follows: WHEAT. Open. High. Low. $ .78 .80 .83 Close. $ .78 .81 .S4 Sept. $ 9 $ -7 .81 -84 CORN. .54 .53 .45 .43 ,43 Dec May .81 .84 Sept. (eld) .54 .53 .45 .48 .43 .53 .58 .43 .43 .43 Sept. (new) .52 .44 .43 .42 .25 -26 2S Dec tow). Dec (new) May OATS. .25 .25 .28 .26 .28 .2S Sept. .25 .26 .2S Dec May MESS PORK. 15.50 15.57H 15.50 15.13 15.35 15.13 LARD. S.10 S.12 S.10 7.70 7.72 7.70 S.15 S.20 S.15 1 SHORT RIBS. 8.67 8.90" 8.80 8.97 H 9.00 8.00 Sept. 15.57 15.30 Oat. Sept. Nov. Oot. S.10 8.K Sept. 8.80 S.90 Oot, Cosh quotations were as follows: Flour Easy. Wheat No. 3 Spring, 85JS6c; No. 2 redra 787C Corn No. 2. 53?54c; No. 2 yellow, 54 e64Hc , Oats No. 2. 25 He; No. 2 white. 27 e2Sc: No. 3 white. 25827c Rye No. 2, 60c Barley Good feeding. 37fr3Sc; fair to choice malting. 41J4Sc Flax seed No. 1. $1-06; No. 1 Northwest ern. $1.12. Timothy seed Prime. $3.6033.65. Mess pork Per barrel $15.55915.60. Lard Per 100 pounds, $5.10. Short ribs (Ides Loose, $8.8098.85. Short clew sides Boxed. $S.87H 69.12. Clover Contract grade. $1L25. Receipts. Shipments. Flour, barrels.... Wheat, bushels. , Corn, bushels.... Oats, bushels... . Rye bushels.... Barley, bushels.. 25.300 49.000 66.000 392.000 229.000 , 4.000 , 26,000 30.000 731.000 184.000 4.666 Grain and Produce at New York. NEW YORK. Aug. 31. Flour Receipts. 31.800 barrels; exports. 18,700 barrels; sales, 3400 barrels. Market dull and unchanged. Wheat Receipts. 21,600 bushels; sales. 3. 000.000 bushels futures. Spot, firm; No. 2 red. 81c elevator and 85Hc f- o. b. afloat; No. 1 Northern Duluth. 81c. to arrive f. o, b. afloat; No. 1 Northern Manitoba. S7UC to arrive f. o. b. afloat. A stronger opening in wheat, occasioned by rains in the Northwest. steacy came, ouuiae Duying ana covering was followed by a. reaction at noon under September liquidation and bearish pressure. The market rallied later on prospects of small Argentine shipments and closed firm at HO He net advance. September closed at 85c December at 8SHc and May at SSiic Hops Quiet. Hides and wool Firm. Petroleum Steady. Grain, at Saa Troaclsce. SAN FRANCISCO. Aug. 3L Wheat and barley, stronger. Spot Quotations Wheat: Shipping, $1,459 1.55: milling. $L57sL67H. Barley: Feed, $101.034; browing. $ 1.07 Vi 1.10. Oats: Red. $1.13ffl.42H. Call-board sales Wheat. December. $1-32 H Barley. December, SB Tic Corn. large yel low, $1.40(3 L42r4. MbiBfwpolI Wheat Xarket. MINNEAPOLIS. Aug. 3L Wheat Sep tember. S2Vic; December. 0Kc: May, S3Ti ? S4c; No. l hard. 88c; No. 1 Northern, sec; No. 2 Northern, 83c Wheat &t Iiverpoot. LIVERPOOL. Aug. 3L Wheat Septem ber. 0s 74d; December. 6s id. The weather In England "was fair but cloudy. TACOMA. Aug". 3 1. Wh - tuTciiaa i ed. Club, CSc; bluest, 71c; red. 4c. . BUYING'QF BftRLEY San Francisco Exporters Pre pare for Heavy Business. GRAIN FREIGHTS ARE DULL Statement or Stocks In Warehouses Expected to Be Favorablo to Bulls Brisk Shipping Demand for Potatoe SAN FRANCISCO. Cal.. Aug. 31. (Spe ctaL) On the surface the grain freight mar ket at this port looks stagnant and rates remain normal at the Shipowners' Union basis, hut from the fact that prominent shippers are steady buyers of barley here and In the country, some business in sail tonnage to Europe may soon be effected. Much of the barley purchased Is undoubt edly to fill vessels that lately arrived under prior charter. The engaged list for grain loading, etc, now amounts to 23,754 tons against 19.55S tons a year age Both wheat and barley acted firmly in the local market today and December deliveries closed at the highest prices In several days. Prominent traders expect the official state ment of stocks in warehouses tomorrow will be favorable for bull Interests. Hay dealers say It Is a foregone conclusion that Seattle will get the entire Government order for oats and hay. amounting t 5500 tons. Nearly 4000 boxes of table grapes arrived, causing weaker prices for that fruit. Tho first pomegranates of the season appeared from Fresno and sold at $1 per 20-pound box. Peaches and apples continue firm. Oregon Gravenstelna are selling at $1.25 for 4 tier. Lemons and oranges are strong and advanc ing. Central American bananas are again eomlng. River potatoes are much firmer again, on account of light receipts and brisk shipping demand. Onions are weak. Dairy products are unrhnnged. Receipts. 59.300 pounds of butter. 3S.200 pounds of cheese and 24.060 doxen eggs. VEGETABLES' Cucumbers. 3030c; gar lic. 5 If 5 4 c ; green peas. 384c; string beans. l6c; tomatoes. 33c$l; okra. 50 75c; egg plant. 50 If 75c. POULTRY Turkey gobblers. 1922e: roosters, old. $44.50: roosters, young. $4.50 5.30; broilers, small. $22.50; broilers, large. $2 2.50; fryers, $383.50; fryers, young. $3 4. EGGS Store. IS 28c; fancy ranch. 31c; Eastern. 17924c. BUTTER Fancy creamery, 26c; creamery seconds. 23c: fancy dairy, nominal; dairy seconds. nomlnaL WOOL Spring. Humboldt and Mendocino. 2S80c; San Joaquin. 12615c; Nevada. 159 19c: lambs. 12 19c MILLSTUFFS Bran. 528.50621.30: mid dlings. $22.5027.50. HAY Wheat. $7 tt 13,50: wheat and oats. $712.30: barley, 179; straw, $69; clover $7910: stock. $56; straw. z&voc per baie. POTATOES River Bnrbanks. 50 70c: Sa linas Burbanks. S5c$l: sweets, $1.2561.75 CHEESE Young" America. lli?12c; Eastern. 15916c FRUITS Apples, choice. $1.25: common. 4 Or; bananas. $192; Mexican limes. $60 6.36; California lemons, choice. $5; common, 32.50; oranges, navels, $204; pineapples. $1.5093. HOPS 16919c ner round. RECEIPTS Flour. 10,107 quarter sacks; wheat. 2290 centals; barley. 6005 centals; oats. 530 centals; beans. 3 S3 sacks; potatoes. 2420 sacks; bran. 370 sacks; bay. 410 torn: wool. 14 bales; hides. 713. Dried Fruit at New York. NEW YORK. Aug. 31. The market for evaporated apples shows no change. Com mon t good are quoted at 4 96c; prime. 7r7c; e ho tee, 7c; fancy, sc Prunes continue quiet with, advices porting an advance In the views of holders. Local quotations range from 47e. ac cording to grade. Apricots are quiet but firm. Choice. 89 Se; extra choice. S8c; fancy, OHO 10c Peaches are In very scant supply on spot and about the only grade quotable Is fancy, which Is held at 11 He Raisins are In a a tron g position apparent ly, with old supplies practically exhausted and trade very datet. pending the opening of the new crop. Loose muscatel are quoted at 496c: seeded raisins. 5t?7c; Lon don layers. $191.15. Dairy Produce In the East. CHICAGO. Aug. 31. On the Produce Ex change today the butter market was easy. Creameries. 1724)c; dairies. 16HJ!lSHc Eggs Weak at mack, eases Included, 1.6c; first. 17c; extras. 21 c Cheee Firm, 11911c NEW YORK. Aug. 31. Butter steady. Of flclal prices. Western factory, common to extra. 15917c Chee and eggs, unchanged. Wooldealem Are Oversold. BOSTON. Mass., Aug. 31. (Special.) Bos ton dealers are sold far ahead of deliveries en territory and other wools and speculators have already started West to urge growers Into contracting for sales of their 1000 clip. A large percentage of the Oregon. Montana. Utah. Idaho and Wyoming supply has al ready passed from sight. Unless, there Is i heavy increase In receipts during the nex four months there will he a shortage of about 30.000.000 pounds In wool arriving as compared with 1904. Dealers have done six months business in two. Coffee and Sngar. NEW YORK. Aug. 31. The market for coffee futures etosed steady, net unchanged. Sales wore reported of 43.500 bags. Includ ing:: Ceptember, 7.1397.25c: December. 7.50 97.35e. March. 755c; May. 7S37.90e; July. 7.9595c. Spot Rlo, steady; No. 7 8c: mild, stead; Sugar Raw. quiet and steady: fair refln Ing. 3c. centrifugal. 96 test. 4c. molasses I CREDIT INSURANCE is to iny credit business exactly what the fly wheel is to the engine carries it over the "dead centers' of credit losses, past the critical places which at any moment might impair or actually bring to a standstill your business. CREDIT UfSTJRAMd affords ths only means of controlling credit losses. Is absolute protection against exceseiv loss from bad accounts. It pays a commercial house to have collater.-j'. on Its accounts just as well as it does a bank to require collateral on Its loans. Every account on your books is a loan without security. Credit Insurance Is collateral upon them. lBTWil-U Credit Insaraaca iaad roajvUl ww; wm.wD,KMuaijr nmiwiKgpoBRqDa; WlltO ror It tC-day. The American Credit-Indemnity Co. of New York Capital nan PaW 11,000,000. s, m. pxHAtf, Prtattci. 302 -trfcwar, Jfew Teric City. BrMMhrtr Iawt St, St. lris. Mo. E. N. WHEELER, State Aeat, Dn Jd, PrilMMU Or. Downing, Hopkins Established 1S93 WHEAT AND STOCK BROKERS Room 4, Ground Floor sugar. 3c: refined, unsettled; crushed, $6; powdered. $5.40; granulated. $5.30. LIVESTOCK MARKETS. Prices Quoted Locally for leading XJnca Yesterday. The market for live cattle was dull yes terday. Sheep were in good demand. Hogs were slow at former prices on account of poor quality. The following prices were quoted In the local market: CATTLE Best Eastern Oregon steers. $3 3:25; good cows, $2 2.30; common cows. 51.3081.75; calves, 125 to 130 pounds. $5: 200 to 230 pounds. $3.5004. SHEEP Best Eastern Orecon and Valley. $3.23 e 3.30: medium. $S; lambs, $4.5094.75. HOGS Best large fat hogs. S6.25,50: block and China fat. $6 6.25; good feed ers, $5. EASTERN LIVESTOCK. Prices Current at Kansas City, Omaha and Chicago. N - : KANSAS CITY Mo., Aug. 31. Cattle Re ceipts, i,9000; market steady; Native, steers, JO-BClSfs-stocker- and ..feeders. 32-75-S1.13; bulls, $2ets6' Western ateefs, t$3;254,73; do cows, $L753.25 ' --V Hogs-jRecelptsw 5000; steady;. Bulk of-saleo, $5.SSffdrneavy. $3.S065.90; packers,'5 $5,009- 6.10; pigs and UgSt. $64?.15. Sheep Receipts, 500; strong. Muttons, $4.30 Q5.50; lambs. $667.40: range wethers, $4,509 5.50; fed ewes. $3.5094.75. SOUTH OMAHA, Aug. 31. Cattle Receipts. 2300; market steady. Native steers, $496.25; cowo and heifers. $2.7594.75; Western steers. $305; Texan steers, $2.7594; cows and heifers.. $293.50: canners. $1.5092.40; stockers and feeders, $2.50g4.30; calves, $3436.30; bulls and stags, etc.. $24. Hogs Receipts, 4000; market steady; heavy. $5.655.85; mixed. $3.7095.80; light, $5.S5 5.03; pigs. $55.75; bulk of sales. $$.7594.85. Sheep Receipts, 000; market steady. West erns. 35.2O05.5O; wetners. $3t?o.30; ewes, J4.5OS5.20; lambs, $6.75&7.35. CHICAGO. Aug. 31. Cattle Receipts. 7500; market 10c lower. Good to prime steers. $5.50 66-50; poor to medium, $45.25; stockers and feeders. $2.2594.40; cows. $2.2594.50; heifers, $2.2595; canners. $1.502.3Q; bulls, $2.2594; calveo, $4.5037.75; Texas fed steer?. $3,509 4.75; Western steers. $8.4095.25. Hogs Receipts today, 16,000; tomorrow, 14,000; 5c lower. Mixed and butchers, $5.75 96.25; good to choice heavy, $096,20. Sheep Receipts, 16,000; market steady to strong. Good to choice wethers-. $5,259-5.50; fair to choice mixed. $4.655; Western eheep, $595-40: native lambs, $5.2597.85; Western lambs, $67.S5. Mining Stocks. SAN PRANCISCO. Aug. 31. The official closing quotations for mining stocks today were as follows: Alta .$ .08 Justice $ .08 Alpha Con...... Andes Belcher Best & Belcher.. Bullion Caledonia Challenge Con... Chollar Confidence .061 Kentuek Cen... .01 .3 1.20j -31j .20 .15 Mexican 1.10 Occidental Con.. .87 5.88 .11 .0i .45 .13 ,W5 Ophfr Overman ..... Potesl Savage ....... 12(Scorpion 78Seg. Belcher... Con. Cal. & Va.. l.lOjSierra Nevada. Exchequer 44Silver Hill..... Gould & Curry.. .lllUnlen Con Hale & Norcroas l.OOlUtah Con...... Julia .07 Yellow Jacket. ..TR .S6 .58 .06 .14 NEW YORK. Aug. 31. Closing quotations: Adams Con $ .35lLlttle Chief $ .05 Alice .55 Ontario 1.00 Breece 45)Ophlr 5.73 .HI .0 .46 .33 .30 1.45 Brunswlok Con.. .23 Phoenix ........ Potosl Savage Sierra Nevada... Small Hopes Standard Cemstock Tun... .0 Con. CaL iz Va.. 1.05i Horn Sliver 1 Iron Silver. . . Leadvllle Con. 3.00 .06 BOSTON. Aug. Adventure ....$ 31. Closing quotations: 5.00Mohawk $ 57.00 Allouez 30.00Mont. C & C. . 3.38 Amalgamated. Am. Zinc Atlantic Bingham CoJ. & Hecla.. Centennial ... Copper Range. Daly West. . . . Dominion Coal Franklin , Granby Isle Royale.... Mass. Mining. . Michigan 82.38 Old Dominion. 10.30 Osceola 21.30 Parrot '. 30.50 Qu.ncy GC5.00 Shannon 24.25 Tamarack 60.00 Trinity 14.50 United Copper. 77.00 U. S. Mining.. .13.00 U. S. OH 7.3SUtah 20.00 Victoria 8.00Wlnena 13.254 Wolverine 26.00 09.00 25.75 100.00 ' 7.25 120.00 S..-I8 35.50 33.75 10.25 44.50 4.25 1 1.50 123.00 Dally Treasury Statement. WASHINGTON. Aug. 31. Today's state ment of the Treasury balanoes shews: Available cash balances... $127,113,315 Gold coin and bullion 54.702.000 Gold certificates 20.117.410 Wool at St. Louis. ST. LOUIS, Aug. 31. Wool Steady. Me dium grades combing and clothing, 20 9 31c; Hrjht fine. 21927c; heavy fine. 18922a; tub-washed. 32941c New York Cotton Market. NEW YORK. Aug. 31. Cotton futures closed steady at a net decline points. of 21921 ARE YOU GOING EAST? " If So. Learn About tho Very low O. K. & N. Rates. September 7. 8. 5 and 10. the O. R, & ?. places on sale very low-rate Iong-tlmo tickets East, account L O. O- F. Grand Lodge meeting. Philadelphia. Pa. Partic ulars by asklnc at City Ticket Office, Third and Washington streets. Portland. in spoc casn tnrougn our indemnity. a43$ tt. Oarbeefcitt, "CoIUtCTsl on Xerchandlso Chamber of Commerce STEEL TRUST CAUTIOUS NOT LIBERAL IX ITS PURCHASES OF PIG IROX. Scarcity of Steel Becomes Acute i Chicago District Heavy Sales " of Rails Are Reportedl NEW YORK, Aug. 31. Apparently the United States Steel Corporation will pursue a cautious policy In Its purchase of pi? Iron, says the Iron Age. The corporation has Just bought 25.000 tons of Bessemer pig for delivery during the first half of Septem ber, paying for some of the Iron on the basis of $14.30 a ton and for some of it up to $15 a ten. It Is understood that the cor poration has now in blast 92 per cent of lts total furnace capacity. Some basic pig purchase have been made In tho Eastern territory, sales aggregating about 10.000 tons have been effected in the Cleveland district and some buying has taken place In the Pittsburg district. There have been further sales ot low phosphorus Iron. There has been a fair run of orders for foundry Iron, and the first indications of some Interest en the part of buyers for the first quarter of 1900 are appearing. The scarcity of steel is becoming more acute, particularly In the Chicago dlstrlcl The announcement that the Steel Corpora tion will build several additional 30-ton open hearth furnaces and an additional blast fur nace at South Chicago Is interesting In this connection. Further heavy sales of steel rails have been effected, the aggregate being about 200.000 tons. Orders for 200.000 tbns more are pending. An Interesting transaction Is the sale of 10,000 tons to the Grand Trunk: road, made by an American mill for delivery this year, the Canadian mill which had the order not being able to live up to Its de liveries. Good reports continue to come from the wire trade as to the tonnage being placed. The leading Interest has booked about 140, 000 tons thus far this month. There Is a fair buying movement In sheets and In tubes, but tin plate Is still lagging.. BISHOP'S SALOON CLOSED Liquor-Getting "Under Religious Au spices Proves Failure. NEW YORK. Aug. 31. The subway Tavem, which vtas opened several months ago with an address by Bishop Potter, and the singing of the "Dox ology," closed its doors at midnight for the last time as a "sanctified saloon." Today Its proprietor will, it, is stated, sign over the place to a man who has conducted the restaurant on the premises. The new owner will take out the "water wagon" sign, and after extensive alter ations will run the place as an ordinary saloon. Several employes In the tavern ex plained that there had not been suf ficient Income from sales to pay running; expenses. Instead of well-known citi zens, who established the tavern, draw ing a 5 per cent dividend, as they ex pected. It was said that In the last six months they had been compelled so often to go down into their pockets to make good a deficit that they had become tired and wished to be rid of the tavern en tirely. When the tavorn was opened in Octo ber, 1901. it was announced that only pure liquors would be sold. One room was fitted up with a soda fountain, where women might be served. The outer walls of the building were painted with texts of Scripture and highly colored signs, but In thft words of one of the bartenders It was found that "rum and religion would not mix." Realty More Than Doubles. A transaction which shows the great advancement -In the value of Portland realty during the past few years took place yesterday. Bernard Albers, of the Albers Milling Company, sold to Russell & Blythe. real estate dealers, proporti on Sixth street for a consideration oC $75,000. Two years ago Mr. Albers pur chased the same property for $35,000. The property fronts on Sixth street between Pine and Ankeny. It has 42 feet front age and extends back from Sixth 150 feet, the whole forming a triangle. This purchase gives "Russell & Blythe possession of the whole block, they hav ing bought the remaining portion two years ago. On the part just purchased there are Ave frame structures, two stores and three dwellings. The new owners will make Improvements, but have not yet determined what they will be. One Telephone Line Enough. ABERDEEN', Wash.,. Aug. 31. (Spe cial.) The Council refused to grant a franchise to local capitalists to build a telephone line, on the ground that it would Impose additional and unnecessary burdens on the business men. The old company promises a lower rate", a new system and a new telephone exchange) building. OUR CRI3IT-INDEMNITY BOND Is simple, clear and equitable. Appllcabl to any manufacturing or wholesale business. Covers everyjiossible form of Insolvtncy. Every liability paid immediatelyspot cash. Payments to Policyholders Past Three Yeirs, $2,127,930.00, which means that amount of profits destroyed by insolvency of customers was restored Account" tellx tha whole story. Soot M V i