THE MORNING OREGONIAN. THURSDAY, JULY 12, 1906. 1
MELON TRADE HURT
Cantaloupe War Is On in
California.
WILD STATEMENTS MADE
Quality of Fruit Is Good, but Con
sumers Have Been Frightened
by Stories Sent Out From
Los Angeles.
FRUIT Rival cantaloupe Interests
In California at war. Watermelon
season opens.
WHEAT Local market dull.
POULTRY Strong demand for
Spring chickens.
I3GGS Slow and weaker.
BUTTER Local situation unchanged.
Wholesale and retail handlers of fruit are
watching with interest the development In
the cantaloupe "scrap" that Is under way in
California and 1b reflected in the local trade.
A number of wild rumors have been spread
abroad as to the condition of the Coachella
crop and as these have been widely circulated
along the coast, the buying of cantaloupes
of all kinds has been seriously interfered
with. It seems that the Coachella Valley, fa
mous for its early fruits, was visited this
season by aphis, which has done some dam
age to the crop. A portion of the melons
that have reached Portland have ehown the
effect, being soft and apparently overripe.
Otherwise, however, they are good and there
Is no foundation whatever for the cry that
has been raised that the fruit Is poisonous.
This ridiculous assertion, nevertheless, has
prevented many people from buying canta
loupes both here and ia the South. At Los
Angeles, it Is said, the sales have fallen off
75 per cent.
In a letter to a local dealer, L. M. Lyon, of
Brawley, Oal.. a handler of cantaloupes,
writes that the Coachella crop is almost
ruined. At Thermal, he says, the situation
Is somewhat better, but the aphis ia spread
ing there, while in the Imperial Valley he de
clares there Is no aphis at all.
The matter has been investigated by the
Los Angeles correspondent of the Packer, and,
according to his findings, the excitement ia
largely due to a row between brokers of that
city. For some years past, the Frank Simp
eon Fruit Company, of Los Angeles, has
handled the distribution of the crop there.
This season, the contract was awarded Instead
to the Keystone Fruit Company. The Pack
er's correspondent says of the succeeding de
velopments: The Frank Simpson Fruit Company made
every effort to wrest the business from the
new firm without success. They were not
willing to be overthrown, however, and man
aged to secure the agency contract for an
other combination of growers at Coachella,
and It la claimed they Immediately opened
up a war on the original Coachella association
by circulating statements that the melons
shipped by the Coachella Valley Producers'
Association were afflicted with aphis, a dread
ful plague that would cause sickness and a
dangerous state of health to those who ate
of- the melons; that the melons were shipped
In an Inferior condition and unfit to eat when
they reached the market, being punky and
unfit for food.
The melongrowers of the Coachella Valley
and the association are bitter In their de
nouncements of the Frank Simpson Fruit
Company's methods of doing business and
characterize the stories published about their
products as the machinations of an enemy de
siring to undermine their markets to gain
a place for their own products and they are
preparing to carry the matter into the courts
with heavy suits for damages against the
Frftik Simpson Fruit Company.
The entire cantaloupe business has fallen
off heavily owing to the damaging reports,
even the restaurants, which are big consum
ers, returning melons bought and ordered be
fore the circulation of the reports began. On
account of the reports current other fruits
produced in the Coachella Valley have been
affected, and slow sales are the result, and
It Is well known how popular Coachella fruits
and products have been with the consumer
during part year?. It Is rfally a contemptible
piece of business, and fruitgrowers will suffer
heavily from the acts of the men who were
behind the scheme to ruin them through dis
crediting their fruits.
Professor Ullery. of the University of South
ern California, Is authority for the state
ment that the aphis does not Injure the melon
crop any more than the potato bug does the
potato; that Is, in regard to the health of con
sumers. He says further:
"The Coachella district Is a garden spot,
and Its fruit is famed for Its lusclousnees and
perfection. The growers have but recently
redeemed the desert and this unfair, under
handed way of retaliating for a failure to get
the agency of their crops Is an Injury to them.
"The cantaloupes from Coachella arc sound
and are not soft or punky. The fact that a
feeling has been stirred up against them has
hurt the al-s and as a result they are rot
ting In the hands of the dealers."
WHEAT MARKET SLOW.
Extent f Damage to Northwestern Crop
Not Yet Known to Dealers.
There Is very little trading under way In
the wheat market. A few scattering orders
are received from California for rail shp4
ment and that is about ail. The tone of the
market Is Inclined to be weak.
Grain merchants advices from east of the
mountains are that considerable damage has
been done by hot winds In some localities,
but the extent of the Injury cannot be ascer
tained) yet. The California crop la doing ex
ceedingly well, and will be larger thaa last
year and of better quality. Dealer with Cali
fornia connections therefore look for a much
smaller Southern demand this season. As the
Northwestern crop will be about as large as
last year, this will mean an increase in ex
ports from this port.
WATERMELON SEASON OPENING.
First Straight Car Will Arrive From Fresno
Saturday.
A small shipment of watermelons arrived
yesterday and sold well at 6 cents a pound.
The melons were better than the first lot re
ceived several days ago. A straight car of
watermelon is due from Fresno Saturday
and If the weather continues hot they will
meet with a strong demand. The two cars
of cantaloupes due yesterday were delayed,
also a car of mixed fruit. The first Oregon
apricots sTMved from Medford and brought
1.78. Quite a lot of peaches arrived from
Southern Oregon and offered: at 78 cents to $1,
according to quality. Fine blackberries are
also arriving from that section and sell for
$3 a crate. The first muscat grapei of the
season were received from California and
were quoted at $2.
Oregon boll peppers, grown by Klindt, of
The Dalles, have appeared and bring 25 cents
a doien. Good tomatoes are scarce on the
street. Other vegetables are In adequate sup
ply and steady. A car of new California po
tatoes arrived yesterday.
Deny Story of Meat War at Tacoma.
Tacoraa butchers are looking tor a meat
war this Fall. They expect Swift to open
up a campaign against the smaller whole
salers by vigorously cutting prices. At the
Swift office here it is said there is nothing
In the story. The Unton Meat Company es
tablished a depot In Tacoma three years ago.
and this was taken over when the Swifts
bought out the company. They are certain
ly In a position to make it warm for their
competitors and most of the people of Tacoma
would doubtless relish a scrap while it was
on. but it Is stated positively that & meat
war is not on the programme.
Spring Chickens in Demand.
The demand for large Spring -chickens is
still the feature of the poultry market. Other
kinds of chickens sell only fairly well. Prices
are unchanged.
The egg market has a weaker tendency.
There Is much complaint of the quality of
the Oregon eggs arriving, which are evidently
held too long on the farms, probably because
the farmers are too busy with other work to
haul them to the country stores.
Butter la steady and unchanged.
Bank Clearings.
Bank clearings of the leading cities of the
Northwest yesterday were:
Clearings. Balances.
Portland ....$1,268,934 $161,325
Seattle 1.504,157 374.219
Tacoma 641.376 66,051
Spokane 745,238 54,927
PORTLAND QUOTATIONS.
FLOUR Patents. $4.10 per barrel;
straights. $3.45; clears. S3.253.40; Valley,
$3.5003.63; Dakota hard wheat, patents.
$3.4005.60; clears, $4.25; graham, $3.50;
whole wheat, $3.75; rye flour, local, $5;
Eastern, $3-40; cornmeal, per bale, $1,903?
2.29.
MILLSTUFFS Bran, city, $17; country,
$18 per ton; middlings, $25.5026; shorts,
city, $18; country, $19 per ton; chop, U. S.
Mills. $17.50; linseed dairy food, $16; Acalfa
meal. $18 per ton.
WHEAT Club. 70571c; bluestem, 7273c;
red. 68c; Valley, 71c.
OATS No. 1 white feed, $32; gray, $31
per ton.
BARLEY Feed. $23.75 per ton; brewing,
$24; rolled. $2526.
RYE $1.50 per cwt.
CEREAL FOODS Rolled oats, cream, 90
pound sacks. $7; lower grades, 13.50 6.73;
oatmeal, steel cut, 50-pound sacks; $3 per
barrel; 10-pound sacks, $4.25 per bale; oat
meal (ground), 50-pound sacks, $7.50 per
barrel ; 10-pound sacks, $4 per bale ; split
peas, $5 per 100-pound sacks; 25-pound
boxes, $1.40; pearl barley. $4.25 per 100
pounds; 23-pound boxes. $1.25 per box.
pastry flour, 10-pound sacks, $2.50 per bale.
HAY Valley timothy. No. 1. $1112.30
per ton; clover, $8 5009; cheat, $6.507;
grain hay, $78; alfalfa. $11.
Vegetables, Fruits, Etc.
DOMESTIC FRUITS Apples, 1.5001.75 per
box; apricots, $1.75; cherries, 4 .- per pound;
currants, tVff-lOc ; figs, black, $2; grapes, $2
per box; peaches. 75c41; pears, $1.50; plums,
$11.25: Logan berries, $1. 3801. 50 per crate;
raspberries, $1.7591.85; blackberries, 8c.
MELONS Cantaloupes, $2.503.50 per
crate; watermelons, 6c per pound.
TROPICAL FRUITS Lemons, $57 per
box; oranges. Mediterranean sweets, $4.50;
Valencias, $4.505; navels, $4.50 4.75;
grapefruit. $4 04.30. pineapples, $3 04 per
dozen; bananas, 5Sc per pound; limes.
75c per 100.
FRESH VEGETABLES Beans, o7c;
cabbage, lc per pound; corn, 25035c per
dozen; cucumbers, hothouse, 30050c per
dozen; field, 75c0$l per box; egg plant, 35c
per pound; lettuce, head. 25c per dozen:
onions, 10 12 4 c per dosen; peas, 4 05c.
peppers, 25c; radishes. 10015c per
dozen; rhubarb, 3c per pound; spinach, 2 0
3c per pound ; tomatoes, $1.2502.25 per box;
hothouse, $2.5003.50; parsley, 25c; Squash,
$11.25 per crate.
ROOT VEGETABLES Turnips. 90e$l
per sack; carrots, $101.25 per sack; beets,
$1.2301.50 per sack; garlic, 1001246c per
pound.
ONIONS New. red, 14 01 He per pound;
new yellow, l02c per pound.
POTATOES Buying prices: Fancy grades
old Burbanks, 4050c per sack; ordinary, nom
inal: new potatoes, 75c41.50.
DRIED FRUITS Apples, 14c per pound;
apricots, 13 0 15c ; peaches, 12 4 0 13c ; pears,
HH14c; Italian prunes, 5H08c; California
figs, white, in sacks, 5 6 H c per pound ;
black. 43c; bricks, 12014-ounce packages,
75 085c per box; Smyrna. 20c per pound,
dates, Persian, 606Hc per pound.
RAISINS Seeded. 12-ounce packages, 80
8Hc; 16-ounce, 9H0lOc; loose muscatels,
2-crown, 6407c; 3-crown, 60744c; 4
crown, 77Hc; unbleached, seedless Sul
tanas. 607c; Thompson's fancy bleached, 10
011c; London layers, 3-crown. whole boxes
of 20 pounds, $2; 2-crown, $1.73.
Butter, Eggs, Poultry, Etc.
BUTTER City creameries: Extra cream
ery, 21 He per pound. State creameries:
Fancy creamery. 17 H 20c ; store butter,
14014V-C.
EGGS OregonN ranch, 22c per dozen; East
ern. 20021c.
CHEESE Oregon full cream twins, 12Hc;
Young America, 13Hc.
POULTRY Average old hens, 12H13c;
mixed chickens. HH0l2c: fryers. 16v716Hc
broilers. 15016Hc; roosters, 9010c; dressed
chickens, 14 0 15c ; turkeys, live, 14 0 16c;
turkeys, dressed, choice. 17022 He; geese,
live, per pound. cV??fiUc; ducks. 12H13c;
pigeons, $101.50, squabs, $1.7502.
Hops, Wool. Hides, Etc.
HOPS Oregon. 1005, 10011c; olds, 6c per
pound.
WOOL Eastern Oregon average best, 180
23Hc; Valley, coarse. 22H023ic; fine. 24c
per pound.
MOHAIR Choice. 28 030c per pound.
HIDES Dry : No. 1. 16 pounds and up.
per pound. 1802OC; dry kip. No. t, 5 to 15
pounds, lS021c per pound ; dry salted bull
and stags, one-third less than dry flint;
culls, moth-eaten, badly cut. scored, mur
rain, hair-slipped, weatherbeaten or grubby,
2c to 3c per pound less. Salted hides:
Steers, sound. 60 pounds and over, per
pound, 10011c; steers, sound. 50 to 60
pounds, 10011c per pound ; steers, sound,
under 50 pounds, and cows. 9 010c per
pound; stags and bulls, sound, 7c per pound,
kip. sound. 15 to 30 pounds, 10c per pound;
veal, sound. 10 to 14 pounds, lie per pound;
calf, sound, under 10 pounds, 110 12c per
pound; green (unsalted), lc per pound less;
veals, lc per pound leas. Sheepskins: Shear
lings, No. 1 butchers' stock, each, 25 0 30c;
short wool. No. 1 butchers stock, each, 300
60c ; medium wool. No. 1 butchers' stock,
each. $1.2502; murrain pelts, from 10 to 20
per cent less, or 15016c per pound. Horse
hides: Salted, each, according to size. $1.50
02-50; dry, each, according to size. $101.50;
colts' hides, each, 25050c. Goatskins: Com
mon, each, 15 23c, Angora, with wool on.
each, 30c 0 $1.50.
FURS No. 1 skins: Bearskins, as to size,
each, $5 020; cubs. each. $103; badger,
prime, each. 23 050c; cat. wild, with head
perfect. 30 50c ; house cat, 5 20c ; fox,
common gray, large prime, each. 50070c;
red, each. $305, cross, each, $5015; silver
and black, each. $1000300; fishers, each.
$508; lynx, each, $4.50 0 6: mink, strictly
No. L each, according to size, $103; mar
ten, dark Northern, according to size and
color, each, $10015; pale pine, according to
size and color, each. $2.5004; muskrat,
large, each. 12 15c; skunk, each, 40060c;
civet or pole cat. each. 5015c; otter, large,
prime skin, each, $6010; panther with head
and claws perfect, each, $205; raccoon,
prime large, each. 3075c; mountain wolf,
with head perfect, each. $3,500 5 ; prairie
(coyote). 60c $1 ; wolverine, each $608;
beaver, per skin, large. $506; medium, $30
7; small. $101.5O; kits. 50075c.
BEESWAX Good, clean and pure 22 0
25c per pound. '
TALLOW Prime, per pound, 404HC- No
2 and grease, 203c.
CASCARA SAGRADA fchlttam bark)
New. 202Hc per pound; 1904 and 1905, 3e in
small lots, 3 4 04c In carlo ts.
GRAIN BAGS 1010iC apiece.
Groceries, Nuts, Etc.
RICE Imperial Japan No. 1, 5Hc; South
ern Japan. 5.40c; head. 6.75c.
COFFEE: Mocha. 26 028c; Java, ordinary.
18 22c ; Costa Rica, fancy. 180 20c ; good,
16 18c: ordinsry. 19 022c per pound; Co
lumbia roast, cases. 100s, $14.75; 50s, $14.75
Arbuckle. $16.25; Lion. $14.75.
SALMON Columbia River, 1-pound tails,
$1.75 per dozen; 2pound tails. $2.40. 1-pound
flats, $1.10; Alaska pink, 1-pound talis, 90c
red, 1-pound tails, $1.25; sockeye. 1-pound
talis. $1.70.
SUGAR Sack basis. 100 pounds: Cube,
$5.40; powdered. $5.15: dry granulated.
$5.05; extra C. 84.60; golden C, $4.45; fruit
sugar, $3.05. Advances over sack basis as
follows: Barrels, 10c; tt-barrela. 25c, boxes,
50c per 100 pounds. Terms: On remittances
within 15 days deduct He per pound; if later
than 15 days and within 30 days, deduct He.
Sugar, granulated. $4.85 per 100 pounds;
maple sugar, 15018c per pound.
NUTS Walnuts, 15 He per pound by sack;
He extra for less than sack; Brazil nuts,
16c; filberts, 18c; pecans. Jumbos. 16c; extra
large. 17c; almonds, 14H015c, chestnut?,
Italian, 12 H 016c; Ohio, 20c; peanuts, raw,
7 He per pound; roasted, 9c; plnenuts. 100
12c; hictory nuta. 7H0Sc; cocoanuts, 350
90c per dosen.
SALT California dairy. $H Pr ton; imi
tation Liverpool. $12 per ton ; half-ground,
100s. $9: 50s, $9.50. lump Liverpool, $17.50.
BEANS Small white, 4Hc; large white.
4 He; pink. 2Hc; bayou. 4c; Lima, 5fcc;
Mexican red. 4Hc. v
Provisions and Canned Meats.
BACON Fancy breakfast. 20c per pound;
standard breakfast, 18c; choice, 17c; English,
11 to 14 pounds, 16c; peach. 15c
HAMS 10 to 14 pounds, 16c per pound;
14 to 16 pounds. 15He; 18 to 20 pounds,
15Hc; California (picnic). 12c: cottage,
none; shoulders. llc; boiled. 28c; boiled
picnic, boneless. ISc.
PICKLED GOODS Pork, barrels. $21 ;
"H-barrels, $11; beef, barrels, $11; -barrels,
$6.00.
SAUSAGE Ham. 13c per pound; minced
ham. 10c: Summer choice drv. 17 He: bo
logna, long. 7c; weinerwurst, 10c; liver, 6c;
pork, 9 0 10c ; headcheese, 6c ; blood, 6c ;
bolosna sausage. link. 4Hc
DRY SALT CURED R'egular short clears,
dry salt, llc; smoked, 12c; clear backs,
dry salt, U&c; smoked, I2c: clear bellies,
14 to 17 pounds average, dry salt. 11 He;
smoked 13Hc; Oregon exports. 20 to 23
pounds average, dry salt 12c, smoked 13c;
Union bellies. 10 to 18 pounds average, none.
LARD Leaf lard, kettle rendered: Tierces
11 He. tuba, 1 1 H c ; 50s. 11 He; 20s. 1 1 c ;
10s. 12c; 5s. 12Hc. Standard pure: Tierces,
10Hc; tubs, lOHc; 50s. 104c; 20s, 10c;
10s. lie; 5s, 11 He. Compound: Tierces,
7Hc; tubs, 7Hc; 50s. 7c; 10s, SHc; 5s.SHc
Dressed Meats.
VEAL Dressed, 75 to 125 pounds, 6H07c,
125 to 50 pounds. 7c; 150 to 200 pounds, 6c;
200 pounds and up, 5H06c.
BEEF Dressed bulls. 3c per pound; cows,
4H5Hc; country steers. 506c.
MUTTON Dressed fancy, 7 8c per
pound; ordinary, 506c; lambs, fancy, 80
8Hc.
PORK Dressed. 100 to ISO pounds, 80
8Hc; 150 to 200 pounds, 7H08c; 200 pounds
and up, 707Hc.
Oils.
TURPENTINE Cases, 81c per gallon.
COAL Cases, 19c per gallon; tanks, 12Hc
per gallon.
WHITE LEAD Ton lots, 7c; 500-pound
Iota, 8c; less than 500-pound lots, 8 He. (In
25-pound tin pails, lc above keg price; 1 to
5-pound tin pails, lc above keg price; 1 to
5-pound tin cans, 100 pounds per case, 2Hc
per pound above keg price.)
GASOLINE Stove, cases, 24 He; 72 test.
27Hc: 88 test. 35c; Iron tanks, I9c.
LINSEED Raw, In barrels, 47c; In cases,
53c; boiled. In barrels, 50c; In cases, 55c;
25-gallon lots, lc less.
HARRIMAN AND WELLS-FARGO.
Railroad Magnate Fights to Hold Control
of Express Company.
Frightened by the attempts of a stockhold
ers' committee, headed by the Stock Exchange
house of Walter C. Stokes & Co., to obtain
control of the company at the annual meet
ing on August 9, the management of the Wells
Fargo Express Company has sent out a long
circular to stockholders defending the man
agement, attacking the motives of the Stokes
committee and asking for proxies to be sent
to a committee of directors. Including E. "H.
Harriman. says the New York Press. As a
result of the policy employed by the manage
ment, the circular says, the surplus of the
company has grown from $3,300,000 In 1901
to $12,400,000 at present, and no acount ia
taken of office furniture, safes, wagons,
horses and structures on railroad rights of
way in figuring up the surplus.
The possession of this big surplus is Just
what the stockholders' committee objects to,
and it believes the surplus should not be fur
ther enlarged until an extra scrip dividend
of 8 per cent is paid. Until recently 8 per
cent a year was paid, but since the agitation
for larger dividends was started the rate has
been raised to 10 per cent, but the stockhold
ers are not satisfied with this increase. They
say the. company is dominated by Harriman
and that much of the surplus will be turned
over to Harriman's Union Pacific Railroad in
return for an exclusive contract for the ex
press privilege of that line.
The circular says the possession of a large
surplus is necessary, because all the busi
ness is obtained by contracts with railroads,
which will make contracts only with com
panies possessing ample resources. The con
tract made in 1S93 with Harriman's Southern
Pacific Company, which the stockholders'
committee criticised, is said in the circular
to be the chief cause of the express com
pany's prosperity. The growth of competitors
and the necessity of having a large surplus
In times of disaster are also given as reasons
why It would not be wise further to raise the
dividend rate. The directors pay their re
spects to the Interests represented by Stokes
& Co.. as follows:
"The men seeking control of the company
assert In their circular that they do not desire
any change In the management; but we can
not reconcile these statements with the fact
that they have already "selected and are ad
vocating as their candidate for chairman a
man until lately connected with a manufac
turing establishment, and who has only be
come a stockholder since the opening of this
campaign for control. It Is also asserted by
these men that the purpose of the manage
ment in accumulating the surplus is to employ
It to acquire exclusive express facilities on
the Union Pacific Railroad by payment In
cash. There Is no foundation in fact for
this statement."
WOOLBUTEBS SCORE.
Get Valley Product at Their Own Price
This Year.
8ALBM, Or.. July 11. (Special.) Willam
ette Valley woolbuyers have evidently scored
one on the woolgrowers this season, for every
effort of the growers to break the buyers
combine has failed, and the farmers are com
pelled to sell at buyers' prices. They And no
competition among buyers. Men who confi
dently expected to get 30 cents have been un
able to get over 25, and very little brought
that figure. Twenty to 23 cents has been
paid in a number of cases. Though much dis
appointed in the prices, growers have no com
plaint to make, for they acknowledge that they
taught the buyers the combination move. By
means of the pools formed in the Valley in
the last few years the growers have been
able to make buyers meet their prices. No '
the tables are turned and the growers find that
buyers will not bid against each other for wool
and the one price offered must be accepted
or no sale made.
"To talk about $9 sheep seems like non
sense," said a sheepman -yesterday, "but A.
J. Purvine. over in Spring Valley, asked that
figure and realized It. He was offered $7 a
head for a band of sheep early in the Spring,
but refused it and demanded $9. Good sheep
men said that a man would .be foolish to pay
7 a head for sheep, but the sheep were
worth it. for the band of sheep, with this
year's lambs and wool, brought the $9 a head.
And I believe they will be worth morel
money next year.
Metal Markets.
NEW YORK. July 11. There was a sensa
tional break In the London tin market to
day, spot closing at 165, or f3 lower, while
futures declined 4 6s to 163 5s. Locally
the market was weak In sympathy with spot,
closing at 3636.10c.
Copper was also lower In London, with spot
closing at 80 10s and futures at 79 15s.
Locally no chaage of Importance was reported,
with prices more or less nominal. Lake la
quoted at 18.5019c; electrolytic, 18.1214
18.6214c and casting at 18S18. 1214c.
Lead was dull and unchanged, at 5.75
5.80c, In the local market and also unchanged
at 18 6s 3d In London.
Spelter declined 2s 6d to 26 15s In London,
but remained dull at 5. 92 14 5. 97 14 o in the
New York market.
Iron was lower in the English market with
standard foundry closing at 49s lOd and Cleve
land warrants at 50s 114d. Locally, no change
was reported
New York Cotton Market.
NEW YORK, July 11. The cotton market
ruled quiet with the close steady at a net
decline of 25 points, which was practically
the low point of the session. July, 10.20c;
August, 10.2Sc ; September, 10.36c; October and
November. 10.37c; December. 10.42c; January,
10.46c; February. 10.48c; March. 10.65c
London Wool Sales.
LONDON, July 11. The offering at the
wool auction sales today amounted to 12,600
bales in good condition. The demand was
quiet and prices favored buyers. Low sorts
were weak. Americans purchased a moderate
quantity of fine cross-breds. Withdrawals were
frequent.
Dairy Produce in the East.
CHICAGO. July 11. On the Produce Ex
change today the butter market was steady;
creameries. 134120c: dallies, 154?18c. Eggs,
steady; at mark cases Included, 1291414c;
firsts. 1414c; prime firsts, 16c; extras, 18c.
Cheese, steady. 10141114c
Wool at St. Louis.
ST. LOUIS. July 11. Wool, steady; medium
grades, combing and clothing. 2728c: light
fine. 182c; heavy fine. 14J17c: tub washed.
321542c.
Cannery Price for Royal Annes.
SAN FRANCISCO, July 11 (Special.) The
cannery price for Royal Anne cherries today
was 6 cents a pound.
Wheat at Tacoma.
TACOMA. July 11. Wheat, unchanged,
port, blueetem. 73c; club, 71c; red, 68c
ATTEMPT ft FAILURE
Upward Movement in Stock
Market Does Not Succeed.
BREAK AT THE CLOSE
Old Humors Are Revived AVithout
Material Effect on Prices Money
Conditions Are Easier Cash
Moves From New York.
NEW YORK. July 11. The torpor of the
stock market wae unrelieved today. In spite
of the small increase in the volume of the
day's dealings, due to the selling of the final
hour. The professional element attempted to
inaugurate an upward movement of prices.
The attempt was based upon the evidence yes
terday that the pressure was off the market
and on the assumption that a considerable un
covered short Interest must exist which could
be made to subserve a purpose to advance
prices by driving them to cover.
The revival of the subject of the Great
Northern ore lands deal was affected by a
cabled rumor from London quoting an anony
mous director of the United States Steel Cor
poration as positively asserting that the pro
ject has been completed. The volatile Hill
stocks were the only ones to show much ef
fect. St. Paul moved under the Influence of
separate reports in connection with the pro
posed plans for financing the company's Pa
cific Coast extension. The road's showing of
a decrease of net earnings for May did not
hold it back, as the free outlay In operating
expenses which brought it about was believed
to be connected with immediate outlays on
the extension which might thus defer the ne
cessity of offering securities in the present
unpropltlous conditions. The addition of
Reading about completes the list of stocks
to show any effect from the abortive effort
to lift prices.
The easier conditions in the money market
normal to the early part of July, were main
tained, but no confidence was felt in their
permanency. The statement of the sub
Treasury operations showed an absorption
from the banks for the day of $2,898,000.
principally due to the return of Government
deposits. The loss of the banks to the Gov
ernment since the last bank statement
amounts to $4,290,000. It is noticeable also
that New York exchange at Interior points Is
ruling at a discount. Indicating a current in
the cash movement away from New York. A
deposit at the sub-Treasury for transfer to
San Francisco was a reminder that the meet
ing of Insurance losses there continues to be
an element In the money market.
Weakness of the market for copper In Lon
don helped to depress the copper group in the
stock market. The break In Colorado Fuel
was Interpreted as pool liquidation and helped
to the reversal of the earlier movement in the
general list. The final hour's transactions
proved the largest of the day, and the clos
ing was weak at substantial net declines.
Bonds were heavy. Total sales, par value,
$1, 895,000. United States bonds were un
changed on call.
CLOSING STOCK QUOTATIONS.
Closing
Open. High. Low. Bid.
Adams Express 240
Amalg Copper .... 92,100 9814 96 !W
Am. Car & Fdy... 400 3514 35 35
do. preferred 200 9it mils 9914
Am. Cotton OU..N. 3O0 30 3o 29 ;
do. preferred 90
Am. Express -29
Am. Hd & Lr, pfd. 200 29 29 27
Am. Ice Securities. 1,400 58 57 57
Am. Linseed Oil 18
do. prefened 3814
Am. Locomotive .. 1.100 6714 6614 6614
do preferred 113
Am. Smelt & Ref . . 22,800 144 142 142
rt... nreferrfd 6UO 116 116 no1.
Am. Sugar Ref 2.100 130 128 12814
Am. Tobacco, pfd.. 200 98 9814 9714
Anaconda Mng Co. 22.300 233 229 2291,
Atchison 3,500 87 87 87
do. preferred 200 100 100 99
Atlantic Coast Line 1331,
Baltimore & Ohio. . 2.400 11614 116 115
do. preferred . 92
Brook. Rpd. Tran.. 13.800 74 72 73
Canadian Pacific .. 1.100 159 158 159
Central Leather 100 37 37 35
do. preferred 100 102 102 101
Central of K. J.... 100 222 222 220
Chespk. & Ohio. . . 400 66 66 55
Chicago Gt. West. 400 16 16 16
Chicago & N. W... 400 196 196 195
Chi., Mil. & St. P. 46,900 176 174 175
Chi. Ter. & Trans 12
do. preferred 29
C C. C. & St. L. 500 92 92 91
Colo. Fuel & Iron. 25,700 49 45 45
Colo. & Southern. 500 33 33 33
do. 1st preferred 67
do. 2d preferred 46
Consolidated Gas . . 500 139 138 138
Corn Products 19
do. preferred 200 78 78 77
Del. Hudson 400 211 209 209
Del.. Lack. & West. 600
Denver & Rio G... 400 40 39 39
do. preferred 84
Dlst Securities ... 1,300 57 66 56
Erie' 19,900 40 38 39
do. 1st preferred. 700 78 77 77
do. 2d preferred- 200 68 68 67
General Electric... 200 163 161 162
Gt. Northern, pfd. 7,400 296 291 291
Hocking Valley 120
Illinois Central ... 1.200 177 175 174
Int. Paper 600 18 17 17
do. preferred 82
Int. Met 1.800 36 35 35
do. preferred 1,100 74 73 73
Int. Pump 100 43 43 40
do. preferred 83
Iowa Central mV. 24
do. preferred 46
K C. Southern 23
do preferred 800 50 50 60
Louis. & Nash 800 142 141 141
Mexican Central . . . 1,300 20 19 19
Minn. A St. Louis. 300 65 65 63
M.. St. P. & S.S.M 151
do. preferred 10O 171 171 169
Missouri Pacific ... 900 91 90 90
Mo.. Kan. & Tex.. 600 32 32 32
do. preferred 66
National Lead 1.400 74 72 72
Nat R. R. of Mex. 37
N. Y. Central 3,100 130 129 129
N. Y., Ont. & W.. 200 47 47 47
Norf. & Western.. 100 87 87 86
do. preferred 100 91 91 91
North American .. 100 92 92 92
Northern Pacific .. 12,800 203 199 199
Pacific Mall 900 33 32 32
Pennsylvania 16.600 125 124 124
People's Gas 88
P.. C. C. & St. L . 78
Pressed Steel Car. 600 46 45 45
do. preferred 100 96 96 95
Pull Palace Car 217
Reading 38,700 122 120 120
do. 1st preferred 90
do. 2d preferred 95
Republic Steel 600 26 26 25
do. preferred 800 95 95 9l
Rock Island Co 700 23 23 23
do. preferred 200 62 61 61
St.L&S.F. 2d pfd. 100 43 43 43
St. Louis & S. W. ... 20
do. preferred 50
Southern Pacific . . 6,400 65 64 64
do. preferred 100 116 116 116
Southern Ry 8.100 34 33 S3
do. preferred 100 98 98 98
Schloss Sheffield .. 1.000 71 70 70
Tenn. Coal & Iron. 200 141 141 141
Texas 4 Pacific... 400 31 30 30
Tol.. St. L. & W. 200 27 36 26
do. preferred 200 46 46 4814
Union Pacific 72.600 144 141 141
do. preferred 100 94 97 94
U. S. Ettpress ng
U. S. Realty 79
U. S. Rubber 500 43 43 42
do. preferred 100 108- 108 lORtf
U. S. Steel 40.700 34 33 33
do. preferred 14,900 101 100 100
Va. Car. Chemical. 400 34 32 32
do. preferred 106
Wabash " 400 19 19 19
do. preferred 100 44 44 44
We!l Fargo Ex 281
Westlnghouse Elec. 200 152 152 150
Western Union 100 91 91 91
Wheeling 4 L. E. . 100 17 17 17
Wis. Central 23
do. preferred 44
Total sales for the day, 507.000 shares.
BONDS.
NEW YORK. July 11. Closing quotations:
U. S. ref. 2s reg.l03D. & R. G. 4s... 90
do coupon 103 N. Y. C. G. 3s. 96
U. S. 3s reg 102 I Nor. Pacific 3s.. 77
do coupon 104'Nor. Pacific 4s.. 104
TJ. S. new 4s reg. 129 14 'So. Pacific 4s... 92
do coupon 128lUnion Pacific 4s. 102
U. B. old 4 reg. 102 I Wis. Central 4s.. 89
do coupon 102iJap. 6s. 2d ser. . 99
Atchison Adj. 4s 94 iJap. 4s, cer... 94
Stocks at London.
LONDON, July 11. Consols for money.
87 15-16; consols for account, 88 1-16.
Anaconda 12 Norfolk & West. 90
Atchison 90; do preferred... 94
do preferred. .103 'Ontario & West. 49
Baltimore si O. . 120 Pennsylvania ... 64X4
Can. Pacific. . .
164 Rand Mines 5
5S Reading 62
IS I do 1st pref. ... 46'
180 , do 2d pref 45
17;So. Railway S3
41: do pref erred... 102 "4
87 So. Pacific 67
43 'Union Pacific. ... 148
81 J do preferred... 97
70 )U. 8. Steel 35
182 ' do preferred... 101
146, Wabash 20
33141 do preferred... 47
136'Spanlsh Fours... 92
Ches. & Ohio. . .
C. Gt. Western.
C M. i St. P.
De Beers
D. & R. Grande.
do preferred..
Erie
do 1st pref . . .
do 2d pref. . . .
Illinois Central
Louis & Nash . .
Mo.. Kas. & T.
N. Y. Central . . .
Money, Exchange. Etc.
NEW YORK. July U. Money on call,
steady, highest, 3 per cent; lower, 2 per
cent; ruling rate. 2 per cent ; last loan,
2; closing bid. 2 per cent; offered at 2
per cent. Time loans, dull and steady, 60
days, 4 per cent; 90 days, 4 per cent; six
months. 5G6 per cent. Prime mercantile
paper. 5g5 per cent.
Sterling exchange, easy, with slight recov
ery, with actual business in bankers' bills at
$4.84804.8465 for demand, and at 4.8i80
4.8186 for 60-day bills. Posted rates, 4.S2
and 4.85. Commercial bills. 5- - . 1 81.
Bar silver 65c
Mexican dolars 50c
Government bonds, steady; railrcsBl bonds,
heavy.
LONDON, July 11. Bar silver, steady.
30d per ounce. Money, 2 per cent. Discount
rate, short bllle. 3 1-16 per cent; three months
bills, 3 per cent.
SAN FRANCISCO. July 11. Silver bars,
65c. Mexican dollars, 52c. Drafts, sight, 2c;
telesraph, 4c. Sterling, 60 days, 4.82 ; sight.
14.85.
Daily Treasury Statement.
WASHINGTON. July 11. Todays state
ment of the Treasury balances in the general
fund 6hows :
Available cash balances 174, 259,243
Gold coin and bullion 94.. 26.2.9
Gold certificates 43.052,090
SAN FRANCISCO QUOTATIONS.
Prices Paid for Products in the Bay City
Markets.
SAN FRANCISCO, July 10. The following
prices were quoted on the produce market to
day; FRUITS Apples, choice. 11.25; common.
50c; bananas. 75ciff1.75; Mexican limes, 78;
California lemons, choice, $4.50; common,
J2.50; oranges, navels, 34; pineapples. 1.25
04.10.
VEGETABLES Cucumbers, 50c; garlic, 4
5c; green peas. gl1.25: string beans. 1133c;
asparagus, $1.251.75; tomatoes, 60c4p$1.50.
EGGS Store. 18S19c; fancy ranch, 21 c.
POTATOES Oregon Burbanks, 'J0c$1.85.
POULTRY Roosters. old, nominal; do
young, $4.50a': broilers. small, nominal;
broilers, large, $263; fryers, $34: hens, $3.50
66.50.
BUTTER Fancy creamery, 21c; creamery
seconds. 18c; fancy danry. 19c; dairy sec
onds. 18c; pickled. 1617c.
CHEESE Young America, 12c; Eastern,
16c: Western, 15c
WOOL Fall Humboldt and Mendocino, 16
18c; mountain. 9llc; South Plains and San
Joaquin. 9611c.
MILLSTUFFS Bran, $19621 ; middlings,
$22.50628.
HAY Wheat. $10617; wheat and oats. $10
12; barley. $76'10; alfalfa, nominal; stock,
nominal; straw, 30650c per bale.
RECEIPTS Flour, 2951 quarter sacks;
wheat. 150 centals; barley. 3C6 centals; beans.
1545 sacks; corn. 30 centals; potatoes. 1650
tacks; bran. 300 sacks; middlings. 300 sacks;
hay. 448 tons; hides, 803.
LIVESTOCK MARKET.
Prices Current Locally on Cattle, Sbeep and
Hogs.
The following livestock prices were quoted
In the local markets yesterday:
CATTLE Best steers, $3.7563.85; me
dium. $3.25.3.50; cows, $2.75; second-grade
cows. $2.25; bulls. $1.502; calves, $44.50.
SHEEP Clipped. $4: Iambs. $5.
HOGS $76 7.25: light. $6.5066.75.
EASTERN LIVESTOCK.
Prices Current at Chicago. Kansas City and
Omaha.
CHICAGO, July 11. Cattle Receipts 21,-
000; market strong. Beeves, $4.206.25;
stockers and feeders, $2.5064.40; heifers,
$1.25615.15; calves, $4.756.75.
Hogs Receipts 23.000: market 10c higher.
Mixed and butchers, $6.507, good to choice
heavy, $6.7567; rough heavy, $6.406.30
light. $6.50 6 7; pigs. $5.80 6 6.50; bulk of
sales. $6. S36.95.
Sheep Receipts 16,000; market strong.
Sheep, $4.606.15; lambs, $3.7568.40.
KANSAS CITY. Mo., July IX Cattli
Receipts 8000: market steady to strong.
Native steers, $466.10; native cows and
heifers, $265.40; stockers and feeders, $2.50
3.25; Western cows. $2. 5064.25: Western
steers, $3.7565.75; calves. $2.505.50.
Hogs Receipts 5000; market 510c
higher. Bulk of sales. $6.756.82; heavy,
$6.S06.85; packers, $6.7566.80; pigs and
lights, $66.S2.
Sheep Receipts 5000; market steady.
Muttons, $4.7566.25; lambs, $5.7568; range
ethers, $5 6 6.40; fed ewes. $4.5065.60.
SOUTH OMAHA, July ll' Cattle Re
ceipts 3000; market, best strong, others dull.
Native steers. $4.2.5 5.90 ; cows and heif
ers, $364.50; Western steers. $3.25 6 4.75;
stockers and feeders, $2.8064.50; calves,
$3 6 5.50; bulls, stags, etc., $2.7564.25.
Hogs Receipts 7000; market 510c high
er. Heavy. $6.50 66.70: mixed, $6.53
6.57; light, $6.606.70; pigs, $5.506.25;
bulk of sales. $6.656.67.
Sheep Receipts 2500; market strong to
10c higher. Yearlings, $5.405.S5; wethers,
$5.255.60; ewes, $4.755.40; lambs, $6.25
6.85.
Mining Stocks.
SAN FRANCISCO, July IX The official
closing quotations for mining stocks today
were as follows:
Alpha Con $ .07 .Justice $ .04
Andes 08 Mexican 61
Belcher 11 jOccldental Con. .74
Best & Belcher .65 (Ophlr 3.33
Bullion 21 lOverman 12
Caledonia 31 Potosl 01
Challenge Con. .09 JSavage 65
Chollar 09 Scorpion 07
Confidence ... .50 Seg. Belcher... .03
Con. Cal. & V. .81 .Sierra Nevada. .19
Crown Point. .10 Sliver Hill 82
Exchequer ... .40 .Union Con 24
Gould & Curry .08 Utah Con 01
Hale & Nor... .86 (Yellow Jacket. .10
Julia 05 I
NEW YORK, July
11. Closing quotations:
.Little Chief $ .05
Ontario 2.50
lOphlr 3.25
Phoenix 02
IPotOsl 03
Savage 60
Sierra Nevada. .17
;Small Hopes... .30
(Standard 2.30
Adams Con $ .20
Alice
2.25
Breece
..",0
.30
.14
Brunswick C. .
Comstock Tun.
Con. Cal. & V.
.75
Horn Silver. . . 2.05
Iron Silver. . . . 5.50
Leadvllla Con. .03
BOSTON, July
Adventure ..$ 5.
Allouez 33.
Amalgamatd 90
Am. Zinc... 9.
Bingham ... 27.
Cal. & Hecla 6S5
Centennial .. 20
11. Closing quotations:
75 Mont. C. & C.$ 2.00
OO JN. Butte 85.00
8701d Dominion 35.00
DO
50
DO
Osceola 101.00
iParrot 24.75
iQuincy 88.00
Shannon .... S.7S
Tamarack . . 93.00
Trinity 7.00
lUnlted Cop.. 65.25
,U. S. Mining. 55.00
U. S. Oil 9.50
.Utah 54.25
Victoria 7.00
Winona 4.50
IWolverlne . . 138.00
Cop. Range.
Daly West. .
Franklin . . .
Granby
Isle Royale.
Greene Con. .
Mass. Mining
Michigan . . .
Mohawk . . .
N
M
00
50
30
23
.00
'.7S
on
Dried Fruit at New York.
NEW YORK. July 11. Evaporated apples
continued steady on spot, with prime at 11
llc; choice, llc: fancy, 12c.
Prunes are pretty closely cleaned up on
spot and quotations are more or less nom
inal, ranging from 7c to 8c, according to
sixe, grade, etc.
Apricots are scarce with offers from the
Coast very light: choice. 13c; extra choice,
13c: fancy, 1414c. y
Peaches for future shipment are easier, but
Bpot remains unchanged; choice, 10 11c; ex
tra choice. ll611c: fancy, 1112c; ex
tra fancy. 1212c.
Raisins are in fair demand with prices
steady; loose muscatels, 67c; seeded rais
ins, 67c: London layers, $1.65.
Hot Da A' at Astoria.
ASTORIA. Or., July 11. (Special.) An
other hot wave struck Astoria today and
at 3:30 this afternoon the thermometer
registered 91 degrees above zero.
Heazelton and Company
Head Office Kohl Bldg.. San Franclsfco. Cal.
liderwrlten of California (Tax-exempt) Public Service Corpo
ration Bonds,
Offer for thirty days a limited amount of high-class Bonds, on a
334
Interest basis; Unton Trust Co., San Francisco. Trustee.
All securities placed by this firm are uninjured by San Fran
cisco disaster.
References: San Francisco and Portland Banks on application.
Room 1, Columbian Building, Third and Oak Streets, Portland
EXPORT IN DEMAND
Foreign Buying of Wheat at
Chicago and New York.
GIVES MARKETS STRENGTH
Another Bullish Factor Is Keport of
Black Rust in Xorth Dakota.
Light Acceptances of
Cash Bids.
CHICAGO. July 11. The wheat market was
strong all day. and there was active demand
throughout the session. The chief bullish fac
tor of the early trading was the light ac
ceptances of cash bide. Later came reports
of black rust in North Dakota and following
this a statement from New York that foreign
ers were bidding for Manitoba and Duluth
Spring wheat. There was also some Indica
tion of buying by foreigners In this mar
ket. The close was strong. September
opened c to c higher, at 7777c, ad
vanced to 78'87Sc, and closed T(c
higher, at 7878c
The probability of continued clear hot
weather in the corn "belt strengthened the
corn market today. Sharp advances in the
price of cash corn at St. Louis and Kansas
City were the additional bullish influences.
The market closed strong with prices close
to the highest point of the day. September
opened c higher, at 5252c. advanced
to 63c and closed c higher at 52 -Bc.
There was an active general trade in oats,
with prices tending upward strongly. Septem
ber opened c to o higher, at 34c to
34$t35c. and advanced to 35c, where It
closed lc to lc net higher.
Provisions were firm on an active demand
by shorts and local packers. At the close
September pork was up 10c, lard was up 2c
and ribs were 26c higher.
WHEAT.
Low.
.77
.77
.79
Close
.78
.80
.52
H
.52
.49
.38
Mm
.tBK
-36H
.38
18.87
18.75
17.52
0.02
0.15
0.2O
9.07
9-20
9.22
9.(57 9.67
9.55 9.55
0.3l 9.30
Cash Quotations were as follows:
Flour Easy.
Wheat No. 2 Sprinfj, 79Slc; No. 3, 76
78c; No. 2 red, 7879c.
Corn No. 2, 53c; No. 2 yellow. 5353c.
Oats No. 2, 38c; No. 2 white, 4044c;
No. 3 white, 3830c.
Rye No. 2, 59c.
Barley Good feeding, 40c ; fair to choice
malting, 4350c
Flaxseed No. 1, $1.06; No. 1 Northwestern.
1.10.
Timothy seed Prime, $4.25.
Clover Contract grades, $11.25.
Short ribs,' sides Looee, $9.059.70.
Mesa pork Per barrel, $18.75018.87.
Lard Per 100 pounds, $8.37.
Short clear aides Boxed. $9.8710.
"Whisky Basis of high wines, $1.20.
Receipts. Shipments.
Flour, barrels 16.000 12.300
Wheat, bushel 144.000 101,500
Com, bushels 478,800 94.900
Oats, bushela 232,600 84.100
Rye, bushels 3,000
Barley, bushel 33,000 3,300
Grain said Produce at New York.
NEW YORK, July 11. Flour Receipts, 14,
100 barrels; exports, 8500 barrele; sales, 8200
package. Steady, with trade quiet.
Wheat Receipts. 4000 bushels; exports, 17,
800 bushels; sales, 2,500,000 futures. Spot,
steady; No. 2 red, 83c elevator; No. 2 red,
84c f. o. b. afloat; No. 1 Northern Duluth,
87c f. o. b. afloat; No. 1 Manitoba, 89c f.
o. b. afloat. Wheat was more active and
firmer today. Its main bull factors were
steady cables, foreign buying unfaborable
Northwest crop news, outside buying, bullish
Russian crop news and rumors of export de
mand. Last prices represented c net
advance. May, 88'749c, closed 88 c; July
closed 84176c; September closed 84c; Decem
ber. 86lg18c, closed 86c.
Hops, hides and wool Steady.
Pe tr oleum Firm.
Grain at San Francisco.
SAN FRANCISCO, July XL Wheat, steady,
barley firm. Spot quotations:
Wheat Shipping, $1.301.35; milling,
1. 32 1.42.
Barley Feed. 95c41; brewing, nominal.
Oats Red. 1.3001.70; white, $1.6501.75;
black, nominal.
Call board sales: Wheat, December, $1.28.
Barley, December, 96c. Corn, large yellow,
$1.8501.40.
Minneapolis Wheat Market.
MINNEAPOLIS, July 11. Wheat, July,
76c; September, 77077c; December,
78c; May. 82c; No. 1 haxd, 80c; No. 1
Northern, 79c; No. 2 Northern, 77c.
Liverpool Wheat Market. J
LIVERPOOL, July 11. Wheat, July, 6s
6d; September, 6s 6d; December, 6s 6d.
Weather fine.
READJUSTMENT IN VALUES.
Stock Prices Apparently Have Almost
Reached Bottom.
Writing from New York under date of July
T, Henry Clewe says:
A drop f 10 to 60 points in active secur
ities during the last six months has brought
about at least a partial readjustment In val
ues. It Is worth while noting a few of these
declines. St. Paul dropped over 20 points
since January, the high level period of 1906;
Northwest dropped qver 40 points during the
same interval. Lackawanna 60, Illinois 10, In
terboro 30, Missouri Pacific 15, Atchison 10,
New York Central 25, Ontario & Western 10,
Pennsylvania 25, Reading 45, Southern Pacific
10, Southern 10. Union Pacific 20, Amalgam
ated 20, Smelting 30, Anaconda 65, United
States Steel common 12 and preferred 13.
As persistently pointed out in these ad
vices for months past. It was evident that
either money or securities must decline. The
latter were sustained by main force as long
as possible, but when this failed reaction
was inevitable. That such a decline as the
above could have been endured without panic,
or even a semblance of trouble. Is remark
able testimony to the inherent strength of
both the financial and business situations.
There are no rumors of trouble, and none is
at present expected. The decline has evi
dently fallen upon those best able to bear it.
the public having had .-mall share In specula
tion during the current year. As to whether
prices have reached their bottom level or not,
Open. High.
July S .77 X .78
September ... .77 .78
December" 78 .80
CORN.
July 52 .52
September ... .52 .53
May 50 .51
OATS.
July 38 .38
September ... .35 .35
December 35 .36
MESS PORK.
May 37 .38
July 18.75 18.90
September ...17.50 17.57
LARD.
July 8.02 9.10
September ... 9.17 8.25
October :. .20 9.27
SHORT RIBS.
July 9.70 9.70
September ... 9.55 9.60
October 9.30 9.32
that Is largely problematical. In any case
the market seems entitled to a moderate re
covery after such a radical decline, although
much depends upon the future course of mone
tary affairs. For the next six weeks, or un
til crop demands assert themselves. It should
be clear sailing In the money market.
The weakest feature of the situation is the
real estate speculation, which has been con
ducted, upon a huge scale in all parts of the
country, and which has, unless all signs fall.
reached Its zenith and must hereafter decline.
Our crop situation Is satisfactory.
The outlook for the next few weeks is for
a fair trading market. It is still too soon to
anticipate any general upward movement. The
market may be entitled to a fair rally after
the recent fall, but that Is all that can be
expected at this time; in fact, the market ts
more likely to decline than advance. At the
lower level the market is a much frer one
on which to operate than at any previous
time this year.
Coffee and Sugar.
NEW YORK. July 11. The market for
futures in coffee closed quiet, net unchanged
to 5 points higher. Sales were reported of
24,500 bags. Including September, 6.35c; De
cember, 6.60c ; March, 6.85c ; June, 7c. Spot,
steady; No. 7 invoice, 7c; mild, steady.
Sugar, raw, quiet; fair refining, 3 7-32c;
centrifugal. 96 test. 3 23-32c: molasses sugar.
2 3-32c. Refined, steady, crushed, $5.40; pow
dered, $4.80; granulated, $4.70.
DAILY CITY STATISTICS.
Marriace Licenses.
SANSTEDT-ANDERSON Rsv. Hermsn E.
Sanstedt, 28, Orusharo. Ellen C. Ander
son. 28.
YOUMANS-WHITTLESEY Bert E. You
mans, 30; Clarice L. Whtttleey, 20.
JACKS-PALMBLOD Henry Jacks. 2T;
Juliana Marie Palmblod. 27.
ABBOTT-HACHENEY John A. Abbott,
28. 230 Hooker street; Laura Christine
Hacheney. 28.
SCHNEIDER-HAWLEY W. F. Schneider.
26. 1053 Rodney avenue; Hazel Dell Haw
ley. 17.
JONES-TENNANT Lemuel O. Jones, 21,
255 Clackamas street; Christine Tennant. 21.
HALL-HE A LY Herbert K. Hall, 30. 511
Goldsmith street; Edith Healy, 20.
SW ANTON-HOFFMAN Fred Q. Swanton,
36, Bclllngham, Wash.; Edith M. Hoff
man, 27.
BYGUN-NORTON Philip Bygun, 22, 47
Ninth street; Margaret Norton, 18.
Births.
GRANT At 2S1 Water street. July 11. to
the wife of Dick C. Grant, a daughter.
GUILD At 755 Thurman street, July 11.
to the wife of Carl Guild, a daughter.
MATHEWS At 447 Umatflla avenue. July
8. to the wife of C. W. Mathews, a son.
MILLER In thlb city. July 8, to the wife
of C. R.'MUivr, a son.
ROBLE At ;S7 Raleigh street, July 9, to
the wife of Jo3eph Roble. a son.
Death.
ROSEI At St. Vincent's Hospital, July 9,
Mrs. Anna M. Rose, a native of Kansas,
aged 35 years, 3 months and 14 days.
Building; Permits.
J. ANDERSON IVi -story dwelling. Fer
guson street, between Gladstone and Cora,
80G.
A. H. METCALF One-story frame bunk
nouxe. Hazel street, 125 feet north of Sandy
Rd, 250.
C. A. AKERSON Two-story frame dwell
ing Unicn avenue, between Blondina and
Fimn streets. $1800.
L'.NFBAUGH SISTERS Two-story frame
dwelling. Twelfth street, between Montgom
ery and Kail. $5200.
WILLIAM VAN GROSS One-story frame
dwelling, Durham street, between Manzan
lta and Magnolia, $1000.
MRS. C. C. CHILDRESS Two-story frame
dwelling. East Ninth street, between Tilla
mook and Thompson, $2400.
ALEX M'INNES Two-story frame dwell
ing, Johnson street, between Twenty-third
and 24th, $5000.
PRIER BROTHERS Shed. Second street,
between Davis and Everett, $40.
J. W. PUTNEY Hi-story frame dwell
ing, East Everett street, between East
Twenty-third and East Twenty-fourth, $1350.
Real Estate Transfers.
C. L. McKenna and Josephine lie
Kenna to Henry Kadderiy. lots 52
and 57, Arleta Park $ 1.500
Hannibal V. and Mabel E. Smith to
Stella Smith, lot 14, block 38, Sun
nyslde 3,000
Stella Smith to Hannibal V. Smith.
lot 13, block 38, Sunnyside 3.000
W. J. and Mary E. Bayard to Ida
Swanson, lot 8, block 2, Bayard Ad
dition 142
Security Savings & Trust Co. to Car
rie L. Russell. Wli of lot 2 and all
lot 3. block 7, John Irving's First
Addition to East Portland 1.350
Fidelity Trust Co. to O. P. Emerson,
33x67 feet block 11, Blacklstone's
Addition 8,000
James D. and Lulu B. Ogden to E.
H. Mowre, lots 4 and 5, block 1.
Lcsh's Addition 1,700
C. J. and Christine Malum to G. F.
Neft. lot 4. block 6. Railroad Shops
Addition to Albina. 1.800
A. W. and Belle L. Lambert and C.
P. Sargent to Julia Regner. lots 10,
11 and 12. block 48. Sunnyside 1.250
E. B. Holmes and Alma E., his wife,
to Ewin McLennen, lots 1 to 20,
inclusive, block 49, Peninsular Ad
dition No. 4 2.200
A. P. Smith and Paul G. Hoolg, lot
10. block 19, Sunnyside 2.000
L R. and Mary E. Gilllhan to M.
Weissenfluh, north 40 feet lots T
and 8, block 1, Sunnyside Addition
to East Portland 2.300
E. B. and Alma Holmes and J. P.
and Louisa Menefee to Jennie Will
iams, lot 4, block 244, Holladay's
Addition to East Portland 2,500
P. C. and K. M. Beckman to John
V. and Anna R. Rafferty, lots 24
and 25, block 1, Laurelwood 1,050
George R. and Julia E. King to
W. F. DaMert, 33 1-3x60 feet In lot
4. block 216, Holladay Addition to
East Portland 4,000
John and Katherlne M. Hewett to
M. L. Holbrook, 6 acres in Wesley
.1. Van Schuyver D. L. C. T. 1 N.,
R. 1 E 10.000
Total, including minor deeds $45,125
DIVIDEND
BANK AND
CORPORATION
STOCKS
MUNICIPAL.
SCHOOL AND
CORPORATION
BONDS
Portland Home Telephone St Tels-
graph Securities.
HIGHEST RETURNS to Investor
Consistent with ABSOLUTE SAFETY.
Rooms 3, 4 and 5. Lafayette Bldg..
Cor. Sixth and Washington St.
Portland. Oregon.
OFFICE
SYSTEMS
Designed and Installed for all Unss
of business. Most approved meth
od a and appliances employed
PACIFIC STATIONERY &
PRINTING CO., 205.7 2d St
Salesman will gladly call. Psone s$l
LOUIS J. WILDE