THE MORNING OREGONIAN, SATURDAY, JULY 21, 1906.
GREAT APPLE CROP
Conditions in Southern Oregon
Were Never Better.
REPORT BY FRED H. PAGE
Yield of That Section Will Be Four
to Five Times as Large as
Laht Year Trainload
of Fruit Arrives.
FRUIT Immense apple crop in
Southern Oregon.
WH EAT Old stock, nearly ex
hausted. HOPS Fewer contracte made.
SUGA R Advance In Eastern mar
ket. POULTRY Supply is inadequate.
EGGS Slow and weaker.
BUTTER No change locally.
Frfd H. Page returned yeaterday from a
elx-weeka' trip to Southern Oregon. He went
thert principally to catch fish, but apent eome
time in unvestlgatlng apple crop conditions.
He brings back the report that Southern
Oregon will grow ruch an apple crop as
was never ralaed there before. Not only
will the yield be immense, but the quality
will be superior. Mr. Page said:
"The Southern Oregon apple crop this year
will be four or five times as large as it was
last year. There is an immense crop In all
sections and all varieties have done exceed
ingly well. The quality of the fruit could
not promise better. The apples are of large
Ue, and the foliage of the trees is rich. The
applet have had an abundance of moisture
so far. These conditions are general through
out the apple-growing sections of Southern
Oregon."
A straight trainload of 3S cars of fruit
reached Portland late yesterday from Cali
fornia points. They included oranges, lemons,
watermelons, cantaloupes and green fruits.
The train was broken up here arid the larger
iiortlon of It nt north and east.
The latenesa of the Southern Express was
the cause of a rather email offering of fruit
during business hours yesterday. A car of
watermelons and two of cantaloupes were
about all that came in. Some carry-over
lota of peaches and plums were on hand. There
are also a lot of apricots from The Dalles
that axe hard to sell because of their small
sixe. Ripe bananas continue very scarce.
Lemons are being brought up by express to
tide over the famine, but will probably be
more plentiful today.
FEW CONTRACTS REPORTED.
Growers No Longer in a Mood to Sell In
Advance.
The flurry in the hop market seems to have
passed over, but it has left the market in
a very strong condition. The subsidence of
the trading in contracts is due to the firm
ness of growers rather than a lack of de
mand. There are plenty of orders for new
hops on hand, but the buyers will probably
have to raise their limits if they want to do
business now. Local traders say some of the
hlKh ofTers ma4e jn the country lately were
not bona flde.
Yakima papers estimate that two-thirds of
the crop of that district has already been
old. The Gervats Star has this to say to
grower ;
Our advice to growers is not to contract at
ruling figures but hold until a decent price is
offered. The condition of the growing crop
all over the world is by no means the best,
and the Pacific Coast is no exception to the
rule. Dealers would have us to believe that
Oregon will prlace 120.0(H) bales. There
will be no such thing. In the flnt place,
the crop will be short of the production last
season. All Indications now point to that
fact, and a careful Inspection of the vine
will convince anyone, who has had any ex
perience in hopgrowlng.
A hop contract is a wonderful document
when it is fully understood. It binds the
grower up good and hard and demands con
ditions no one can live up to. yet makes the
bind without tying up the dealer. Make and
sign no contract whatever; if the hop Is worth
the picking at harvest time, save them If
not, let them rot on the vine.
The Woodburn Independent has no advice
to gt'e, but says:
This year the Independent will offer no
advice to hopgrowora. It would be unwise to
do so. The hopgrower, who haa In the past
done according to hts own judgment, will do
so again. He 4s now told that the English
crop is still making a poor showing, and
nothing Is a dead! certainty about the Oregon
yield. The dealers can see enough into the
future to offer 12 cents on contracts.
OLD WHEAT NEARLY GONE.
Country Was Never Before So Well
( leaned Up.
The Northwest wheat crop of ld06 Is to all
Intents and rurposes cleaned up. N-V'-r be
fore was this district so bare of wheat, ac
cording to local dealers. Trading In spot
grain is, consequently, almost at a standstill,
a few sm all 1 ots of new cro p wh eat are
being sold here and there, but until after
harvest there will not be much activity. In
the local trade new club Is quoted at 68 cents
and old wheat at around 70 cents. Some of
the dealers are estimating the coming1 crop
at 4o.000.000 bushels, against an estimate of
fiS.000.000 put out early in the season. Very
little business is reported la new barley or
new oats.
Poultry Market Firm.
The poultry market is in first-class condi
tion. Dealers report that they are not get
tinr half enough chickens to Mil their orders,
and as a consequence prices are decidedly
firm.
Sgge on the other hand, are slow, and as
there 1 a large supply of Emsteen on hand
and a portion of the ranch stock coming la
is poor, the market ie quoted weaker.
Butter and cheese are unchanged.
Eastern Sugar Market Advances.
The New York refined sugar market ad
vanced 10 cents yesterday, all the refiner
going up. The market on raw sugar is very
strong, both at New York and London. No
change was made in prices on the Coast.
Bank Clearings.
Bank clearances of the leading cities of the
Northwest yesterday were:
Clearings. Balancea
Portland $ 807. U 7 $122,305
Seattle 1,424.279 TT fffff
Tacoma 606.527 lSLMB
Spokane :2S. 275
PORTLAND QUOTATIONS.
Grain. Flour, Feed, Etc.
FLOUR Patents, $4.10 per barrel;
straights. $3.48; clears. S3.251T3 40; Valley.
$3. I063.no; Dakota hard wheat, patents
$5. 40 5.60 ; clears, $4.23 ; graham, $3.30 ;
Whole wheat, $3.7o; rye flour, local. $3;
Eastern, $3.40; cornmeal, per bale. $1,009
a. 29
MILLSTUFFS Bran, city, $17; country,
$18 par ton; middlings. $25-50 $26; shorts,
city, $16; country, $10 per ton; chop, U. S.
Mills, $17.50: linseed dairy food. $18: Acalfa
xneal, $18 per ton.
WHEAT Club, 70c; bluestem, 72c; red, 68c;
Valley, 71c; new club, 68c; new bluestem, f
70C
OATS No. 1 whits feed. $32; gray. $31
per tou.
BARLEY Feed, $23.30 per ton;; brewing,
$23.50; rolled. $24fj24.50.
RYE $1.50 per cwt.
CEREAL FOODS Rolled oats, cream, 90
pound sacks, $7; lower grades. $5.5006.73;
oatmeal, steel cut. 50-pound sacks, $3 per
barrel; 10-pound sacks. $4.23 per bale: oat
meal tground. 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 23 per 100
pounds; 25-pound boxes, $1.25 par box.
pastry flour, 10-pound sacks. $2.50 per bale.
HAY Valley timothy. No. L $U12.30
per ton; clover, $5.50 9: cheat, $6.50 ;
grain bay, $7S; alfalfa, $11.
Vegetables, Fruits, Etc.
DOMESTIC FRUITS Apples, $V502.25 per
box; apricots, $1.25 1.35: cherries, 6-fflOc per
pound; currants, g10c; figs. Diack. $2: grapes,
$1.7552 per box of 20 pounds; peaches, 75c
$1.10; pears. $2.252.50; plums, $ltfl.23; Lo
gan berries, $1. 35 1.40 per crate; raspoeme,
$1.4061.50; blackberries, 8c; gooseberries, 8c
per pound.
MELONS Cantaloupes, $33.23 per crate;
watermelons. 262tc per pound.
TROPICAL FRUITS Lemons. $67.50 per
box; oranges. Mediterranean sweets, $4.30;
Valencias. $4.505; navels, $4.50 & 4.75;
grapefruit. $44.50, pineapples. $34 per
dozen; bananas, 53tec per pound; limes,
75c per 100.
FRESH VEGETABLES Beans. 57c;
cabbage, l(&2c per pound: corn. 25335c per
dozen; cucumbers, hothouse, 30 50c per
dozen; field. 75c$l per box; egg Dlant. 35c
per pound; lettuce, head. 23c per dozen;
onions, 1012'fec per dozen; peas, 45c,
bell peppers, lfglSc ; radishes. 10015c per
dozen; rhubarb. 2i24c per pound; spinach. 3
03c per pound ; tomatoes, $1 .25 3 per box ;
hothouse, $2.503.50; parsley, 25c; squash.
$1171.25 per crate.
ROOT VEGETABLES Turnips, 90c 0$1
per sack; carrots, $ll-23 per sack; beets,
$1.251.50 per sack; garlic. 1012Vic per
pound.
ONIONS New. red, 11Hc per pound;
new yellow, i&2c per pound.
POTATOES Old Burbanks, nominal; new
DRIED FRUIT!
TS Apples. 14c per pound;
apricot.", 13(aloc; peaches. 12 Q loc ; pears,
HH14c; Italian prunes. 5Vj8c; California
figs, white, in sacks, 5fl c per pound;
black. 45c; bricks, 12 14-ounce packages,
75 S5c per box ; Smyrna, 20c per pound,
dates, Persian, 66c per pound.
RAISINS Seeded. 12-ounce packages. 8
s ' , lft-ounce, 0910c; loose muscatels.
2-crown. 6 r 7c; 3-crown. Q, 7c; 4
crown, 7 j unbleached, seedless Sul
tanas, 67r; Thompson's fancy bleached, 10
'u Mr; London layers, 3-crown. wnole boxes
of 20 pounds, $2; 2-crown, $1.75.
Butter, Eggrs, Poultry, Etc.
BUTTER City creameries: Extra cream
ery, 21Hc per pound. State creameries:
Fancy creamery, 17 XA 20c; store butter,
13&141&C.
EGOS Oregon ranch, 21i521Hc per dozen;
Eastern. 2021c.
CHEESE Oregon full cream twins, 13
13c: Young America, 14l4,c.
POULTRY Average old hens, 1314c ;
mixed chickens. IStylZc; Springs, HHTe;
roosters, l.10c ; dressed chickens, 1415c ;
turkeys .live. lf17c; turkeys, dressed, choice,
17QS836o, geese, live, per pound, 8?c; ducks,
HQ 13c; pigeons, $l1.50; squabs, $22.75.
Hops, Wool. Hides. Etc.
HOPS Oregon, 1005. nominal, ll12c; olds
8c; 1006 contracts, 1213c per pound.
WOOL Eastern Oregon average best, 189
23c; Valley, coarse. 22H23c; fine, 24c
per pound.
MOHAIR Choice. 2S30c per pound.
HIDES Dry: No. 1, 16 pounds and up.
per pound. IS 20c; dry kip. No. 1, 3 to 13
pounds, 182lc 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 ; -r pound less. Salted hides :
Steers, sound, 60 pounds and over, per
pound, 10 lie; sters, sound, 50 to 60
pounds, l0llc per fcund; steers, sound,
under 50 pounds, and cows, 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. 11c per pound;
calf, sound, under 10 pounds, lll2c per
pound; green (unsalted),. lc per pound less;
veals, lc per pound less. Sheepskins: Shear
lings, No. 1 butchers' stock, each, 2530c;
short wool. No. 1 butchers' stock, each, 50
COc ; medium wool. No. 1 butchers' stock,
each, $1.252; murrain pelts, from 10 to 20
per cent less, or 15lGc per pound. Horse
hides: Salted, each, according to size, $1.50
.i.50; dry, each, according to size, $1(31.30;
colts hides, each. 2550c. Goatskins: Com
mon, each. 15 25c , Angora, wltii wool on.
each. $i r.O
FURS No. l skins: Bearskins, as to size,
each. $5920; cubs, each, $13; badger,
prime, each, 25 30c; cat, wild, with head
perfect, 30 50c J house cat, 5 20c ; fox,
common gray, large prime, each. 5070c;
red. each. $35, cross, each. $5 13; silver
and black, each. $100300; fishers, each,
$5 S; lynx, each. $4.50 6; mink, strictly
No. l, each, according to size, $l3; mar
ten, dark Northern, according to size and
color, each, $1015; pale pine, according to
size and color, each. $2.504; muskrat.
large, each. 12 15c; skunk, each, 40 00c;
civet or pole cat, each, 515c; otter, large,
prime skin. each. $610. pantner with head
and claws perfect, each. $25; raccoon,
prime large, each, 5075c; mountain wolf,
with head perfect, each. $3.50 3; prairie
(coyote). 60c $1 wolverine, each, $6 S;
beaver, per skin. large, $50; medium, $3
7; small. $11.50; kits. 5075c.
BEESWAX Good, clean and pure, 22
25c per pound.
TALLOW Prime, per pound. 44Hc; No
2 and grease, 23c.
CASCARA SAGRADA Cchlttam bark)
New. 22fc per pound; 1904 and 1905, 3c In
small lots. 36 4c in carlots.
GRAIN BAGS 10c apiece.
Groceries, Nuts, Etc.
RICE Imperii! Japan No. 1, 54c; South
ern Japan, 5.40c; head. 6.73c.
COFFEE Mocha. 262Sc; Java, ordinary.
18 22c ; Costa Rica, fancy. IS 20c ; good,
1618c; ordinary. 1922c per pound; Co
lumbia roast, cases. 100s. $14.75; 50s, $14.75;
Arbuckle. $16.25; Lion, $14.75.
SALMON Columbia River, 1-pound talis.
$1.75 per dozen; 2-pound talis. $2.40, 1-pound
flats, $1.10; Alaska pink. 1-pound tails, 90c;
red, 1-pound tails, $1.23; sockeye, 1-pound
talis, $1.70.
SUGAR Sack basis." 100 pounds: Cube,
$5.40; powdered, $5.15; dry granulated,
$5.05; extra C. $4.60; golden C, $4.45; fruit
sugar, $5.05. Advances over sack basis as
follows: Barrels, 10c; -barrels. 25c. boxes
50c per 100 pounds. Terms: On remittances
within 15 days deduct hie per pound; If later
than 15 days and within 30 days, deduct He.
Sugar, granulated. $4.S5 per 100 pounds;
maple sugar. 15lSc per pound.
NUTS Walnuts, 15fcc per pound by sack
c extra for less than sack ; Brazil nuts.
16c; filberts, 16c; pecans. Jumbos, loc; extra
large. 17c; almonds. 14 15c, chestnut.
Italian. 12H16c; Ohio, 20c; peanuts, raw,
ic per pound; roasted, 9c; pinenuts 10
12c; hictory nuts, 78c; cocoanuts 35
90c per dozen.
SALT California dairy, $11 per ton; Imi
tation Liverpool. $12 per ton; half-ground
100s. $9; 50s. $f.50, lump Liverpool $1750
BEANS Small white. 414c; large white
4Hc; pink. 2c; bayou, 4c; Lima 5!ic"
Mexican red. 4 be.
Oils.
TURPENTINE Cases, Sic per gallon.
COAL Cases, 19c per gallon; tanks. 12He
psr gallon.
WHITE LEAD Ton lots. 7e; 500-pound
lots, 8c; less than 500-pound lots, sic. (In
25-pound tin palls. Lc above keg price; 1 to
5-pound tin pails, lc above keg price; 1 to
5-pound tin cans, 100 pounds per case 2c
per pound above keg price.) '
GASOLINE Stove, cases. 24 He 72 test.
27Hc; 88 test, 35c; iron tanks 19c'
LINSEED Raw, in barrels, 47c- In cases.
63c; boiled, in barrels, 50c; in cases 55c
25-galIon lots, lc less.
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. I60 per pound
14 to 16 pounds. 15 :- . 18 to 20 pounds
15Hc: California tplcntci. 12c; cottage,
none; shoulders. 11CJ boiled, 23c; boiled
picnic, boneless. ISc.
PICKLED GOODS Pork, barrels $21;
4 -barrel. $11; beef, barrels, $11; -barrels
$6.00.
SAUSAGE Ham. 13c per pound; minced
ham. 10c; Summer, cholca rjry. 17c; bo
logna, long, 7c; weinerwurst, 10c: liver. 6c;
pork, 9?l0c; headcheese, 6c; blood, tic;
TiR-V SALT CURED Regular nhort r
drv salt. ll.c: smoked, 12c: clear backs,
dry salt, ii'-j- smoked. . clear bellies,
14 to 17 pounds average, dry salt. 13Hc;
smoked, lHc ; Oregon exports. 20 to 25
pounds average, dry wilt 12c. smoked 13e;
Union belllea. 10 to 18 pounds average, none.
LARD Leaf lard, kettle rendered: Tierces
11 He. tuba HHc; 50s. HHc: 20s. lH4c;
10s 12c; 5s, 12Hc. Standard pure: Tierces.
lOHf; tubs. lOHc; 50a. 104c; 20s, 10c;
10s '11c; 5s, llHc. Compound: Tierces,
7Hc: tubs. 7c: 50s. 7c: 10a, 8Vic; 5s. Sc.
Dressed Meats.
VEAL Dressed. 75 to 123 pounds. 7 - ?
123 to 50 pounds. 7c; 150 to 200 pounds. 6c;
200 pounds and up. 54 6c.
BEEF Dressed bulls, 3c per pound; cows.
445Hc; country steers. 5 6c.
MUTTON Dressed fancy, 78c per
pound ; ordinary, 5 6c ; Iambs, fancy. 8
8 He.
PORK Dressed. 100 to 180 pounds. 8
8Hc; 150 to 200 pounds, 7HSc; 200 pounds
and up. 7 7 He
9ugar does Up 10c.
NEW YORK. July 20. All grades of -refined
cugar were advanced 10c a 100 pounds
today.
HOP CROPAND PRICE
M. H. Durst Writes of Condi
tions in England.
YARDS DO NOT LOOK WELL
Foreign Demand Will Be Later Than
Usual This Year, but Will Re
quire 70,000 to 80,000 Bales
of American Hops.
LONDON, England. July 7. (To the Edi
tor.) I expect you will be glad of a few
words from us on the bop outlook in England.
As can be seen from the reports from the
Standard and Times the two leading dallies
in England' the conditions in the 'planta
tions' here are not altogether satisfactory.
On the 3d of this month Mr. Hoffman and I
spent the day riding around In a motor car
among the hopyards of Kent. Vermin had
been very bad. Some growers had already
sprayed four or more times, and the lice
were still over plentiful. The vines are rather
short far this season of the year, and the
constant spraying did them no particular
good. Since then we have had mild-, warm
weather, and prospects should have improved.
Factors and growers are all predicting short
crop below the average. The estimates run
tfrom 300.000 to 600,000 cwt., as against
nearly 700,000 last -season. There is no doubt
that the season up to July 1 was an unusually
bad one for the hop plant. There had been
much too little rain, and all yards were
suffering from lack of moisture. The weather
during the second half of June was very cold
and windy. About the 27th and 28th we had
nice, warm weather, and on the 29th there
was a tremendous thunder etorm and heavy
downpour of rain. Considerable damage was
done as you will see noted In the Kentish
Observer reports, which you have. The raip
f all was a ' 'godsend' ' to the plant, as It
broke the drouth and washed the vines.
The whole situation now hinges on the July
and August weather. We might very easily
have three or four weeks of bad weather In
August that would very largely reduce the
yield. In fact, as short a crop as in 1004
is quite possible. If the weather is as good
as possible, I believe 500,000 cwt. Is the out
side possible yield.
Probable Trices.
If we get 300,000 cwt. , prices will rule
comparatively high 4 to 6 per cwt. (equiva
lent to 14 to 21 cents per pound on Pacific
Coast).
If we get 400,000 cwt. I should say that
4 would be an extremely good price, un
less your Oregon crop should be very short.
H 500.000 cwt. is grown, 1906 prices will
perhaps rule as in 1906.
Brewers are very heavily stocked and will
naturally be slow buyers this season, so we
need not look for any very early demand for
the English market.
Last season in October and November, when
the dealers in Oregon insisted England would
not buy any Oregons because of the
excessively large home crop and low prices
ruling for them, I told your readers that
England would, before the season was over,
take 45,000 to 50,000 bales of us. Dealers
said- I was wrong, and they got growers Into
a sort of a panic or else "hypnotized them,"
as some say. so that the bulk of the Oregon
crop was out of growers' hands before Eng
land came into the market to buy.
It Is quite probable that the same thing
will be attempted this year.
Even this early in the season I am ready
to say that I firmly believe England will re
quire, at reasonable prices, from 70,000 to
80.000 bales of our hops." But and I wish
this emphasized the demand will be sure
to be a late one (December or January) unless
some extensive crop failure takes place be
fore harvest. I wish growers to bear this in
mind. There will be no early demand from
this sdde, so do not count on it, and do not
allow yourselves to get scared when October
or November Is with you and dealers tell
you they can sell no hops to "England. The
demand will come In due course, and I feel
sure It will be a healthy one.
Oregon Consignment.
Our consignment matters are coming on
slowly. Owing to the delay of some of our
hops at Galveston, they will not be here until
the 20th of this month. So that we will be
quite late in getting started home. I doubt
if we will reach the Coast before the first
week In August.
We hope to make returns to consignors
that will satisfy every one of them. At the
same time hopgrowers must remember that
this shipment has long ago done all its ad
vocates claimed it would do. It caused the
prices to advance 34 cents per pound on the
Coast, and It has cleared the market of sur
plus stocks, which will again help prices
for the new crop.
I feel that we are on the right track. I
expect many hopgrowers are, wondering about
picking money, selling, etc" I want to say
to the hopgrowerB that I hope on my arrival
home to be able to submit to them a co
operative scheme looking to furnishing them
part or all of their picking money at very low
interest, and also In Inaugurating a co
operative movement (no holding pool) that will
force an immediate demand for hops at re
munerative prices.
Co-Operative Flan.
This proposition will be submitted to the
growers for their approval or disapproval, and
I advise them not to allow themselves to be
"tied up" so they will have to sell their hops
for the bare cost of production or less, as they
did last year.
Just wait and see what we have to offer
in a co-operative basis, and If It does not
meet the approval of the majority of hop
growers or the Pacific Coast I will be mis
taken. "Whatever happens, I advise groweps not to
get in a panic to sell at 10 cents or less.
What Is the good of growing hops for the
bare cost? If one must take a loss, would
It not be best to see the season partly
through before selling at a sacrifice ?
One thing that has a very bad effect on
the market here is the very bearish reports
of the growing crop in the United States. I
eaw a letter from the head of the largest
New York house to a correspondent here say
ing there would be a surplus of over 100,000
bales grown In the United States this season.
Another large Washington dealer wrote that
the United States would grow 340,000 bales.
Her consumption was 220,000. leaving 120,000
bales surplus, besides the "big stocks brew
ers were carrying."
These are merely samples of the kind of
literature every dealer and brewer in England
ts being flooded with. They are all beginning
to think we will be giving them our 1906
hops at 4 to 5 cents per pound, and I can't
blame them. The American dealers are mak
ing "stinky fish" of the Pacific Coast hop
growers' hops long before they are asked to
buy them.
English Are Optimistic.
In England, things are quite different. Every
grower, factor and dealer talks small crop
and hopea for "big prices." If the big crop
comes it was a surprise, and they make the
best of it. They all talk possible good prices
here. In the United States everybody over
estimates the growing crops and keeps "dinn
ing low prices into growers' ears" until they
get sick of the story and sell in sheer desper
ation. I wish growers to think of these two differ
ent methods of doing the business. It seems
to me It would be the proper thing not
to be continually harping on the 4ig crop and
low price proposition. If It comes, it will
be bad enough, and we will make the best
of it. If, as la quite probable. It does not
come, we will not have spoiled our demand
by having led consumers to expect Pacific
Coast hops at "knockout prices." as they do
now.
Is It not nearly time that hopgrowers them
selves took a hand In saying what was to be
done with their own crops, and what kind
of prices they were to be offered at 7 Wool
growers, cotton and graingrowers, the stock
growers and all others ahnost co-operate. What
Is to prevent hopgrowers using their "brains
a bit also." and not get knocked out In the
first round with the gratuitous false reports
circulated all over the world with the sole
desire and end In view to prevent hopgrowers
from getting a profit out of tiieir growing
crop?
Metal Markets.
NEW TORK. July 20. There was a sharp
advance in the London tin market, with spot
closing at 166 5s and futures at 167 10a.
Locally, the market was firm and quiet, with
spot at S36.55tg-36.S0C.
Copper was lower In London, with spot
quoted at 80 15s and futures at T9 17s 6d.
Locally the market was dull and nominal,
with Lake quoted at 18.2718.75c, electro
lytic 18 18. 50c and casting 17.75 18c.
Lead was Is 3d lower at 16 13s 8d in Lon
don, but was unchanged locally at 5.7c
Spelter advanced 5s to 27 In the London
market, but was unchanged at 5.956c in the
New York market.
Iron was lower in the English market.
Locally it was unchanged.
Dried Fruit at New York.
NEW YORK, July 20. The market for
evaporated apples Is unchanged. Prime are
quoted at ll114c; choice, lltfrllc.
Prunes are in light supply on spot, and
only the Intermediate sizes are available In
California grades. Prices range from 7c to
Sc.
Apricots are very scarce on spot and in
the absence of supplies, quotations are not
available except for fancy at 15c.
Peaches are Arm with choice quoted at
10 lie; extra choice, ll0ulc; fancy,
11 ig 12c. and extra fancy. 12 612 lc.
Raisins are closely cleaned up on spot, and
quotations are higher. Loose muscatels are
quoted at Ofgsc; seeded raisins, 76c, and
London layers, gl. 651. 70.
WHEAT IS WEAK AEE DAY
CHICAGO MARKET LOSES
THREE-QUARTERS CENT.
Crop News Conflicting but Grain
Will P robably Escape
Serious Injury.
CHICAGO, July 20. The wheat market was
weak all day. with the exception of a moder
ate advance about the middle of the session.
Clear weather in the Northwest and lower
prices at Liverpool, together with large local
receipts, caused an easy opening. Reports
from the Northwest were conflicting, but the
prevailing opinion seems to be that the crop
will escape serious Injury. About the middle
of the day the market rallied on covering by
shorts, but prices soon weakened to a lower
level than before. The statement of a St.
Louis trade paper that the crops of Kansas
and Nebraska will not only be unusually large
per acre, but of exceptionally heavy test
weight per bushel, weakened the market ma
terially. Another depressing influence was
the large primary receipts, the total arrivals
for the day being 1.190,000 bushels, agalnet
914.000 for the same day last year. The
market closed weak with prices almost at
the lowest point of the day. September opened
c to lower at 78c to 78c. sold up to
78c and declined to 77H,77"jBC, closing
lower at 77c.
The com market was weak all day. The
market closed weak with prices at the lowest.
September opened c to o lower at 50'c
to 51c, sold off to 49T6c and closed down lfec
to IVic at 49tbt50c.
Optimistic reports regarding the new crop
of oats caused a decidedly weak market.
September opened Vie lower at 33c to
33c. sold up to 3394c and declined to 32H
32c. The close was off lc at 324c
Provisions were easier because of selling
by outside holders. The volume of trading
was small. At the close, September pork
was off 20c at $17.40; lard was down 7jc at
J8.90; ribs were off 7c at $9.27.
WHEAT.
Open. High. Low. Close.
July $ .774 -77 S .76 1 .76
September ... .78 .78 .77 .77
December 80 .80 .79 .79
CORN.
July 50 .50 .49 .40
September ... .51 .51 .49 .50
May 48 .49 .48 .48
OATS.
July 36 .36 .34 .34
September . . . .33 .33 .32 .32
December 34 .34 .33 .33
May 36 .36 .35 .35
MESS PORK.
September ...17.60 17.60 17.40 17.40
LARD.
September ... 9.00 9.02 8.90 8.00
October 9.05 9.07 8.97 8.97
November 9.02 9.05 8.92 8.92
SHORT RIBS.
July 9.35 9.35 9.27 9.27
September ... 9.35 9.37 9.27 9.27
October 9.15 9.17 9.05 9.05
Cash quotations were as follows :
Flour Steady.
Wheat No. 2 Spring. 7880c; No. 3. 75
87c; No. 2 red, 7979c.
Corn No. 2, 50c; No. 2 yellow, 51c.
Oats No. 2. 34c; No. 2 white, 3939c;
No. 3 white, 3338c.
Rye No. 2, 57c.
Barley Good feeding, 40c; fair to choice
malting. 4350c.
Flaxseed No. 1, $1.06; No. 1 Northwest
ern, $1.10.
Timothy seed Prime, $4.25.
Clover Contract grades, $11.25.
Short'ribs, aide- Loose. $9.209.30.
Mess pork Per barrel, $19.90(520.
Lard Per 100 pounds, $8.80.
Short clear sides Boxed. $9.759.87.
Whisky Basis of high wines, $1.29.
Receipts. Shipments.
Flour, barrels 16,700 15,100
Wheat, bushels 363.800 53,100
Corn, bushels 226.300 847.000
Oats, bushels 201.O0O 160.500
Rye. bushels 3,000 2,100
Barley, bushels 11,000 3,300
Grain and Produce at New York.
NEW YORK. July 20. Flour Receipts,
14.900 barrels; exports. 4800 barrels. Steady,
with light trade.
Wheat Receipts, 20OO bushels; exports, 15,
800 bushels. Spot, easy. No. 2 red, 83c
elevator and 83c f. o. b. afloat; No. 1 North
em Duluth, 8Sc f. o. b. afloat. Opening
lower on account of easy cables and disturb
ing financial news from London, wheat rallied
on further reports of rust and covering. It
weakened In the last hour, on a bearish Mod
ern Miller report and small weekly clearances
and closed 4? c net lower. May closed
88c; July. 83c; September, 83c, and De
comber, 86 c.
Wool Quiet.
Hops and Hides Steady.
Grain at San Francisco.
SAN FRANCISCO. July 20. Wheat Un
changed; barley, firm.
Spot quotations: Wheat Shipping, $1.30
1.32; milling, $2.321.45.
Barley Feed, 96cl ; brewing, $13.02
Oats Red, $1.1&&1.40.
Call-Board Sales: Wheat December,
$1.30.
Barley December, 97c
Corn Large yellow, $1.42d.45.
European Grain Markets.
LIVERPOOL. July 20. Wheat July. 6s
7d; September, 6s 7d; December, 6s 7d;
weather, cloudy.
LONDON, July 20. Cargoes, steady, at 3d
advance. Walla Walla and California prompt
shipment. 31s 6d.
English and French country markets, firm.
Argentina shipments, 800,000 bushels; India,
1,312,000 bushels.
Minneapolis Wheat Market.
MINNEAPOLIS, July 20. Wheat July.
76c; September, 76tff77c: December, 78c;
May, 81c; No. 1 hard. 79c; No. 1 North
ern, 78c; No. 2 Northern. 77c.
Wheat at Tacoma.
TACOMA. July 20 Wheat Unchanged. Ex
port, bluestem. 73c: club. 71c; red. 68c.
Dairy Produce in the East.
CHICAGO. July 20. On th. Produce Ex
change today the butter market wae steady.
Creameriea. 1519'4c: dairies. 15ei7V;c; egg,
steady: art mark case, included 1215c; firsts.
15c; prime firsts, lVJc; extras, 18Hc.
Cheese Steady; 11 e.
Xw York Cotton Market.
NEW TORK, July 20. The cotton market
closed steady at an advance of .Vj4 points.
July. 10.08c; August. 10.15c; September,
10.26c: October, 10.32c: November. 10.34c:
December. 10.4OC; January, 10.44c; February,
10.45c; March, 10.54c.
NO BAD FEATURES
Trade Reports in General Are
Optimistic.
BIG MipSUMMER BUSINESS
Sales of Iron and Steel Products
Larger Than Were Looked For.
Best News of Week Comes
From Agricultural Sections.
NEW TORK. July 20 Bradstreets" tomor
row -will aay:
Trade, industry and crop reports generally
continue optimistic. Building continues very
active -unexpectedly so, in fact and reports
as to iron and steel are almost unanimous
in showing larger current sales and takings
than were looked for, favorable reports ap
parently having dispelled some uncertalny
visible a little while ago. Bank clearings
returns are very heavy for a mid-Summer
period, with gains in the country at large out
stripping increases at the metropolis.
Prices of staples feel the influence of favor
able crop reports, but In .grain, bad crop re
ports and disorders in Russia rather help
wheat prices here. Agreeable o expectations,
the country's foreign trade broke all records
In the past fiscal year, the grand aggregate
being Just short of $3,000,000,000.
Business failures in the United States for
the week ending July 10 number 18S. against
143 last week and 166 in the like week of
1005. In Canada, failures for the week num
ber 18. against 19 last week and 22 in the
week a year ago.
Wheat, including flour, exportB from the
United States and Canada for the week end
ing July 19, are 1,535.967 bushels, against
7C5.320 this week last year. For the past
three weeks of the fiscal year the exports
are 5,233,583 bushels, against 3,659.277 in
1906.
Y1EI.DS LARGER THAN EXPECTED.
Best News of the Week Comes From Agri
cultural Sections.
NEW TORK, July 20. R. G. Dun & Co.'s
Weekly Review of Trade tomorrow will say:
The best news of the past week comes from
Agricultural sections, where progress Is fully
maintained, harvesting of Winter wheat prom
ising a larger yield than expected and of good
quality, while corn and oats exceed antici
pations. Sawmills in the Northwest are run
ning night crews, new coke-ovens are in course
of construction, and there is a general dis
position to extend facilities In order to keep
pace with expanding needs.
Official returns show that foreign commerce
in the fiscal year ending June 30, 1906. far
eclipsed all records. For the last week at
this port alone, exports were SI. 362. 245 larger
than In 1905, and Imports gained $914,263.
Railway earnings thus far reported for July
show an average Increase of 7.2 per cent over
last year.
Failures this week numbered 192 in the
United States, against 193 last year, and 22
In Canada compared with 23 a year ago.
Bank Clearings.
NEW TORK. July 20. The following ta
ble, compiled by Bradstreet, shows the bank
clearings at the principal cities for the week
ended July 19. with the percentage of in
crease and decrease as compared with the
corresponding week last year:
PC. P.C.
Inc.. Dec.
New Tork' $1,695,095,974 11.4
Chicago' 219.744.463 15.3
Boston" 166.108,262 11.2
Philadelphia 152,092.827 19.6
St. Louis' 50.407,667 4.1
Pittsburg 50,113.512 4.2
San Kranclsco ... ;w. te,jrfj v. a ....
Baltimore 27.588.491 7.5
Cincinnati 27.097.300 14.6
Kansas City 26.008.659 16.5
New Orleans 15,100,475 16.0
Minneapolis 16.830.189 21.6
Cleveland 18,214.868 14.8
Louisville 11,983,748 21.2
Detroit 13,239,723 16.4 ....
Los Angeles 11.042.220 13.1
Omaha 9.293.894 3.9
Milwaukee 9.727.788 18.6
Providence 7.607,900 1.9
Buffalo 8,331.680 25.1
Indianapolis 8.279.201 19.8
St. Paul 8.461.953 29.6
Denver 4.993.903 21.5
Seattle 9.410.811 38.9
Memphis 3.593.473 4.4
Fort Worth 5.145.6MS 2.6
Richmond 5.843. 9 3.8 ....
Columbus 5.193,600 18.6
Washington 5.418.503 8.9 ....
Ft. Joseph 4,374.305 4.2
Savannah 3,860.115 16.4
Portland, Or 5,556.317 24.2
Albany 5.174,703 24.7
Salt Lake City 5.375.543 40.5
Toledo. O 3.898.980 18.8
Rochester 3.647.330 15.7
Atlanta 3.850.228 33.5
Tacoma 3.717,140 13.1
Spokane. Wash .. 8.907.832 7.4
Hartford 4.205.545 49.2
Xsahvllle 3.293.874 21.5
Peoria 2,008.282 2
Des Moines 2.410.096 .1
New Haven 2.675.773 17.4
Grand Rapids 2.221.927 12.0
Norfolk 2.361,713 23.8
Augusta. Ga 1.230,050 7.4
Springfield. Mass.. 2.235.070
Portland. Me 1.S7D.243 13.4
Dayton 1.883.120 17.4
Sioux City 1,771,969 8.2
Evansvllle 1,675.422 11.5 ....
Birmingham 1,276.005 13.1
Worcester 1.623,741 .... 10.7
Syracuse 1.834.672 21.6
Charleston, S. C. .. 1.150.642 8.6
Mobile 1.982.470 79.4
Lincoln 1.093.142
Knoxville 1,220.043 0.9
Jacksonville. Fla. . 1, "154.395 24.1
Wilmington, Del... 1.287.241 12.8
Wichita 1.214.655 3.9
Wilkesbarre 1.00.1.521 7.2
Chattanooga 1.427.6S9 43.8
Davenport 831.120 28.6
Little Rock 1,257.289 35.7
Wheeling. W. Vs.. 2,046.21 45.8
Macon 451,331 .... 18.5
Springfield. Ill 827.230 16.4
Fall River 744.893 3.1
Helena 886.398 15.5
Lexington . . . .' 579.996 .6 ....
Fargo. N. D 420.721 7.S
New Bedford 882.225 72.1
Toungstown 361.397 35.5 ....
Akron 666.768 27.8
Blnghamton 528.600 13.3
Chester. Pa t . . 580.844 38.0
Lowell 522.801 2.0
Greensburg. Pa 394.925 3.7
Bloomlngton. 111... 360.334 14.2
Springfield. 0 398.678 9.0
Quincy. Ill 341,647 13.2
Mansfield, 0 328.845 .... 11.5
Decatur, 111 375.337 37.8
Sioux Falls. S. D.. 842.196 30.0
Jacksonville. 111... 286.084 19.1
Fremont. Neb 22S.730 .8
South Bend. Ind. . . 514,209
Houston 18.979.997 38.7
Galveston 9,420.000 .... 18.7
Fort Wayne 764.258 .... 14.1
Edmonton 1.030,274
Total. 0. S $2,745,589,397 11.9
CANADA.
Outside N. T. City. 1.050.493.423 12.7
Montreal f 28.527.938 10.2
Toronto 21.643.790 5.4
Winnipeg 9.480.173 24.1
Ottawa 3.257.350 SS.S
Halifax 1.836.650 6.3
Vancouver, B. C... 2.708.422 61.3
Quebec 1.921.996 2.7 ....
Hamilton 1.657.111 34.5
St. John, N. B 1.234.621 7.9
London. Ont 1,204.846 80.1
Victoria, B. C 901.840 12.7
Calgary 930.511
Total. Canada... $ 74.334.157 13.1
'Balances paid in cash.
LIVESTOCK MARKET.
Prices Current Locally on Cattle, Sheep and
Hogs.
The following livestock prices were quoted
la the local markets yestreday:
CATTLE Best steers. $3.753.86: me
dium. $3.253.50; cows. $2.75; second-grade
cows, $2.25: bulls. $1.60422; calves, $44J-4.90.
SHEEP Clipped. $6: lambs. $5.
HOGS $77.25; light, $506.76.
EASTERN LIVESTOCK.
Prices Current at Chicago. Kansas City and
Omaha.
CHICAGO, July 20. Cattle Receipts, 8000.
Market, strong. Beeves. $4.1066.40: stockers
and feeders, $2.60424.40: cows and heifers, $1.25
33. SO: calves, $4-758. 75.
Hogs Receipts, 13.000. Market. steady.
Mixed and butchers. $6.45126.90: good to choice
heavy, $6.5066.8716: rough heavy, $6.1596.45;
light, $6.50(26.90; bulk of sales. $6.6068.85:
pigs. $5. 7042. 65.
Sheep Receipts, 5000. Market. steady.
Sheep, $3.10425.80; lambs. $4.7527.80.
KANSAS CITT. Mo., July 20. Cattle Re
ceipts. 2000. Market, strong. Native steers.
$4-0066.25: native cows and heifers, $2.00
5.60: stockers and feeders. $2.50424.60: West
ern cows, $2.5084.60; Western steers, $3,250
6.00: bulls, $2.4064.00; calves, $2.5066.25.
Hogs Receipts, 6000. Market, strong to 5c
higher. Bulk of sales, $8.6068-671 heavy.
$6.6566.67: packers, $6.6066-70; pigs and
light. $6.6066.70.
Sheep Receipts, steady. Muttons, $4,756
6.00; lambs. $5.5067.60; range wethers, $5.00
6.10; fed ewes, $4.2565.50.
SOUTH OMAHA. Neb., July 20. Cattle
Receipts, 1200. Market, steady to a shade
lower. Native steers, $4.5066.30; cows and
heifers. $3.0064.40: Western steers, $3,506
5.25: cows and heifers. $2.2563.85: canners.
$1.7562.85: stockers and feeders. $3.6064.25;
calves, $2.5065.75; hulls and stags, $2,256
4.25.
Hogs Receipts. 10,000. Market, strong.
Heavy, $6.4566 65: mixed, $6.5066.65: light,
$6.6066.60; pigs. $5.5066.25: bulk of sales,
$6.6066.65.
Sheep Receipts, 10,000. Market, slow to
steady. Yearlings. $5.856615; wethers. $4.85
65.25; ewes. $4.6565.00: lambs. $8.256 7.50.
LARGE ORDERS PLACED
DECIDED CHANGE IX TONE OF
STOCK MARKET.
Congestion of Demand In a Few
Prominent Leaders Money
Outlook Is Improved.
NEW TORK. July 20. Soon after the turn
of the first hour in the stock market today,
the sales of stocks had mounted to a total
as great as for the whole day yesterday. This
rate of increase in the animation of the mar
ket was by no means sustained throughout
the session, but the day's total mounted to
the largest for any day of the week. Buying
at times was active, and well pursued on
the advances, and the speculative tone showed
a decided change from the hesitation and
timidity lately prevailing. There was a
momentary dip at the opening, in response
to the decided upset in the London market,
but the placing of large orders in the leading
stocks promptly swept prices to a higher level.
There was a congestion of demand in a few
stocks which have been conspicuous market
leaders for some time. St. Paul, Union Pa
cific, Southern Pacific and Reading absorbed
a large proportion of the total dealings. In
the later trading, some other stocks were
brought forward from time to time and the
discrepancy in the movement partly rectified,
but the stocks designated held a marked
prominence in the dealings throughout.
The movement was still regarded as due
largely to covering operations by the shorts.
Observers discovered some operations of im
portance on the lorffe side of the market, but
these were supposed to be directed against
the vulnerable short Interest. The deptession
in London was attributed largely to Russian
affairs, but an anxiety has been felt over
conditions In London ever since it was known
that help had been extended to eome large
accounts to enable them to be carried through
the last stock market settlement. Reassur
ing advices over the present situation there
were received in Wall street today.
Sentiment over the money outlook was im
proved here. Accepted authorities estimate
the cash gain by the banks on the week's
currency movement at upwards of $6,000,000.
and a strong bank statement is expected to
morrow. Large payments were made at the
Subtreasury today, on account of the surren
der of Government deposits, today being the
last day set for the payment of $10,000,000.
An offset Is expected to be shown, however,
as a result of the deposits of part of the pro
ceeds of the Panama Canal subscriptions,
which will be announced from Washington
tomorrow. Arrivals of new gold expected In
London next week amount to $5,000,000. and
it is hoped that an effective portion of this
will be secured for New York.
The prime motive for the covering opera
tions by the bears in today's market was
believed to be the uneasiness caused by lack
of response yesterday to a number of occur
rences which might be regarded as disappoint
ing to speculative operations, especially the
non-action of the St. Paul and Union Pacific
directors at their meetings, and the leaving
of the Amalgamated Copper dividend un
changed at the previous rate of disburse
ment. The absence of selling pressure at the
successive stages of today's advance kept up
the confidence of the buyers and sustained
the rise at nearly the top until the last.
Bonds were irregular. Total sales, par
value, $1,045,000. United States bonds were
unchanged on call.
CLOSING STOCK QUOTATIONS.
Closing
Sales. High. Low. Bid.
Adams Express 240
Amalg. Copper 91.500 98 95 97
Am. Car & Fdy 2,000 35 34 35
do. preferred 100 100 100 99
Am. Cotton Oil 200 29 29 29
do. preferred 90
Am. Express 222
Am. Hd. & Lr.. pfd 26
Am. Ice Securities. 4,200 64 63 64
Am. Linseed Oil 38
do. preferred 500 42 40 41
Am. Locomotive . . 4.600 70 69 70
do. preferred 100 114 114 113
Am. Smelt. & Ref. 21,400 148 144 145
do. preferred 100 116 116 116
Am. Sugar Ref 6.500 131 129 130
Am. Tobacco, pfd 89
Anaconda Mng. Co. 60.500 248 235 235
Atchison 17,800 89 87 88
-do. preferred 200 100 100 99
Atlantic Coast Line 2.4O0 137 135 137
Baltimore & Ohio. . 2,900 117 116 117
do. preferred 92
Brook. Rapid Tran. 2,500 74 72 74
Canadian Pacific .. 2,500 159 158 159
Central of N. J 200 223 223 222
Central Leather ... 1,400 36 33 36
do preferred 1,100 101 101 101
Chespk. & Ohio 2.500 56 66 66
Chicago Gt. West.. 500 17 17 17
Chicago & N. W... 1,000 196 195 196
Chi., Mil. & St. P. 35,600 177 175 177,i
Chi. Term. & Tran. 300 14 12 12
do. preferred 100 28 28 27
C. C, C. St. L. 200 92 92 92
Colo. Fuel & Iron. 12,500 49 48 49
Colo. & Southern.. 3,500 34 33 34
do. 1st preferred. 300 68 68 68
' do. 2d preferred.. 1,600 48 47 48
Consolidated Gas .. 200 138 138 139
Corn Products 100 18 18 19
do. preferred . . 76
Del. & HUdson 2,800 213 209 212
Del.. Lack. & W.. 300 495 4D5 600
Denver & Rio G... 2,700 41 39 41
do. preferred 600 84 84 84
Dist. Securities ... 1.700 57 66 67
Erie 19.400 41 39 40
do. 1st preferred 77
do. 2d preferred.. 1,300 69 68 69
General Electric .. 200 183 163 163
Great Northern ... 2,500 291 289 290
Hocking Valley 134
Illinois Central ... . 600 178 177 178
Int. Paper 3,900 18 18 lSXi.
do. preferred 100 -82 82 83 U
Int. Met 1,100 36 35 36
do. preferred 700 75 74 75
Int. Pump 100 26 26 26
do. preferred gx
Iowa Central 25
do. preferred .... 100 61 51 50
K. C. Southern 300 23 23 23
do. preferred 50
Louis. & Nash 3,000 141 140 140
Mexican Central .. 300 20 19 20 2
Minn. & St. Louis. 100 65 65 64
M.. St. P. & S.S.M. 700 154 152 153
do. preferred 139
Missouri Pacific .. 5,200 91 90 91
Mo.. Kan. Tex.. 3.500 S3 31 32
do. preferred 900 67 66 66 1.,
National Lead 1,800 74 73 74
Nat. R. R. of Mex 3314
N. T. Central 1.800 183 132 132
N. T.. Ont. St W.. 1.900 46 45 45
Norfolk & West... 1,400 87 87 87
do. preferred 90
North American . . 100 94 92 92
Northern Pacific .. 6,900 200 199 199
Pacific Mall 2.800 35 34 35
Pennsylvania 38,200 127 125 127
People's Gas 600 90 89 89
P.. S. C. St. L 77w
Pressed Steel Car.. 2.10O 46 45 46
do. preferred 400 97 97 97
Pull. Palace Car 221
Reading 112,400 124 120 123
do. 1st preferred 2U
do. 2d preferred 90
Republic Steel 800 26 24 28
do. preferred 400 96 95 96
Rock Island Co 1.900 21 23 23
do. preferred 600 62 61 62
8t.L.8.F.. 2d pfd 7, ..... 41
St. Louis S. W 21
do. preferred 60
Schloss Sheffield .. 700 72 71 73
Southern Pacific . . 8,500 70 68 70
do. preferred 400 1174 117U 117(4
Southern Ry 8.300 S4H 33 34U
do. preftrred 97 i
Term. Coal ft Iron. 1.200 looii 141 iao
Texas & Pacific... 1.400 3144 30 1 31
Tol.. St T- A West. 300 27Vi 27V-,
27 '4
do. preferred 1.000 47 45
Union P.cin,. 9 600 146 143
146
do. preferred W
1 a. isaui ess ii i-i i--
U. S. Realty
U S. Rubber. flOO 4114 40U
85H
do. preferred 106
u. s. steel 65.600 ss mh
do. preferred 16.500 102 101
Va. Car. Chemical. 600 35 34
do. preferred 100 107 107
Wabash IOO 19 19
do. preferred 500 45 45ti
35
102
35
107
St
Wells Fargo Ex 270
estingnouse Blec. 300 163 l-si it1
Western Union ... 200 92 91 91
Wheeling and L E. 200 17 17 17
Wis. Central 23
do. preferred 200 45 44 44
Total sales for the day. 894.700 shares.
BONDS.
NEW TORK. July 20. Closing quotation!:
TJ. S. rt. 2s reg.l03D. A R. O. 4s. ..100
do coupon 103 N. Y. C. G. 3s. 96
U. S. 3s reg. . . 102!Nor. Pacific St.. 76
do coupon 103 INor. Pacific 4s.. 104
TJ. S. new 4s reg.l2S'So. Pacific 4s. . . 91
do coupon 129 4lUnlon Pacific 4s. 103
V. S. old 4s reg. 103 IWls. Central 4s. . 90
ao coupon ju.t Jap. ts. ser. . .
Atchison Adj. 4s 94 H !jap. 4s. cer.
94
Stocks at London.
LONDON. July 20 Consols for monsy.
86 13-16; consols for account. 87.
Anaconda 12 A (Norfolk West.
Atchison 90 do preferred...
do preferred .. 108 lOntario A West.
Baltimore A O. . 120'Pennsvlvanla ...
89
94
48
65
5
Can. Pacific 163'Rand Mines...
Ches. A Ohio
57 V, Reading 62
C. Ot. Western. 17(4
C M. A St. P . . 182
Dt Beers 16
D. A R. Grande. 41
do preferred. . 87
do 1st pref . ... 40
do 341 pref 45
So. Railway 34
do pref erred ... 102
So. Piol c 71
Erie
do 1st pref. .
41 lUnion Pacific 149 U
791- do preferred... 97
70 IU. S. Steel 33
no ad prer
Illinois Central. 182 I do preferred ... 105
Louis. A Nash. .147 V, Wabash 20
Mo.. Kas. A T. . 32 do preferred... 46
N. T. Central. . .130 ISpanlsh Fours... 92
Money. Exchange. Etc.
NEW TORK, July 20. Money on call. easy.
2 per cent; ruling rate. 262 per cent:
closing bid. 2 per cent: offered at 2 per cent.
Time loans slightly easier. 60 days 4 per
cent; 90 days, 4 per cent; six months, 5
per cent. Prime mercantile paper, 565 per
cent.
Sterling exchange, firmer. $4.84.5664.84.60
for demand and $4.81.754.81.SO for 60-day
bills. Posted rates. $4.82e4.85. Commer
cial bills. $4.81.
Bar silver. 65c.
Mexican dollars, 50c.
Bonds Government, steady; railroad, irreg
ular. LONDON. July 20. Bar silver. firm.
30 3-16d per ounce; money, 162 per cent.
The rate of discount in the open market for
short bills Is 363 per cent; for three
months' bills, 363 per cent.
SAN FRANCISCO. July 20. Silver bars,
65c: Mexican dollars, 52c; drafts, sight.
2 per cent; telegraph, 5 per cent. Sterling
on London. 60 days. $4.82; sight. $4.84.
Russian Loan at a Discount.
LONDON, July 20. With the exception of
the American market, in which there was all
round recovery, the stock exchange today was
enveloped in gloom. The break in Russians
was held chiefly responsible for this state
of affairs. The new Russian loan Is now
quoted at 7 per cent discount, and coneola
lost half a point this morning on selling, prin
cipally by Continental houses.
The local fall In the price of the last Rus
sian loan Is taken to be an indication that the
Issue was not the big success It was claimed
to be at the time, and that the loan was not
taken up by investors when the selling by
speculators, anxious to secure the premium
temporarily established, began.
Some of the big underwriters and others
chiefly interested in the success of the Issue
may have been compelled, it is suggested, to
buy back more than they could carry. The
position has given rise to all sorts of rumors
and, coupled with the enormous losses result
ing frcm the declines of aft KafTir stocks,
has caused a marked depression in all the
markets.
Dally Treasury Statement.
WASHINGTON, July 20. Today's Treasury
statement shows:
Available cash balances $171,152,839
Gold coin and bullion 97.663.282
Gold certificates 37.607,050
SAN FRANCISCO QUOTATIONS.
Prices Paid for Products In the Bay City
Markets.
SAN FRANCISCO, July 20. The following
prices were quoted in tbe produce market
today :
FRUITS Apples, choice, $1.25: common,
50c; bananas. 75c6$l-75; Mexican limes, $76
8; California lemons, choice, $464.75; common,
$2.50: oranges, navels. $2,506: pineapples.
$1.5064.
VEGETABLES Cucumbers, 4075c; garlic,
466c; green peas. $16125; string beans. 16
2c; asparagus. $1.2561 75: tomatoes, $162;
egg plant. $1.2561. 35.
EGGS Store, 186C0c; fancy ranch, 21c.
POULTRY Roosters. old, $667.50; do
young. $56; broilers, small, nominal; broil
ers, large, $262.50; fryers, $33.60; hens,
$3.5064.
BUTTER Fancy creamery, 20 c; cream
try seconds, 19c; fancy dairy, 19c; dairy
seconds, 18c; pickled. 16l"c.
CHEESE Young America. 19c; Eastern,
16c; Western. 15c.
WOOL Fall Humboldt and Mendocino, 16
61c; mountain. 9611c; South Plains and
San Joaquin, 96'llc.
MILLSTUFFS Bran, $19.50621; mid
dlings. $26629.
HAT Wheat. $13617.60; wheat and oats.
$12616: barley. $76U0; alfalfa, $106'12; stock,
$76: straw. 30635c per bale.
RECEIPTS Flour, 6251 quarter sacks; bar
ley, 3553 centals; oats, 1981 centals; beanB,
864 sacks: potatoes, 2040 sacks; bran, 75 sacks;
middlings, 860 sacks; hay. 968 tons; wool, 48
bundles; hides, 1749.
Mining Stocks.
SAN FRANCISCO, July 20. The official
closing quotations for mining stocks today
were as follows:
Alpha Con
$ .09
Justice $ .04
Andes
Belcher
Best & Belcher
Bullion
Caledonia
Challenge Con.
Chollar
Confidence . . .
Con. Cal. & V.
Crown Point. .
Exchequer ....
Gould A Curry
08
Kentucky Con.. .02
.24
Mexican 67
Occidental Con. .74
Ophlr 3.35
.68
.19
.28
.12
.11
.50
.89
.10
.40
.08
Overman 12
Potosl 11
Savage 70
Scorpion 08
Seg. Belcher... .03
Sierra Nevada. .19
Sliver Hill 82
Union Con 23
Utah Con 05
Yellow Jacket.. .09
Hale 4 Nor
.86
Julia 06
NEW TORK, July
Adams Con $ .20
Alice 2.50
Breece 25
Brunswick C. . .30
Comstock Tun. .14
Con. Cal. 4V. .85
Horn Silver. . . 2.03
Iron Silver 6.25
Leadvllle Con. .03
20. Closing quotations:
Little Chief $.05
Ontario 2.65
Ophlr 8.45
Phoenix 02
Potosl 11
Savage 68
Sierra Nevada. .18
Small Hopes... .30
Standard 2.33
BOSTON,
Adventure
July 20. Closing quotations:
5.50 Mont. C. A C.$ 2.25
32.00 N. Butte... 84.50
97.75 'Id Dominion 38.50
8.50 Osceola 101 00
13.50 (Parrot 25.00
27.00 Quincy 83.00
680.00 Shannon .... 9.75
20.50 Tamarack .. 93.00
70.50 iTrlnltv 8.00
15.00 lUnlted Coo. . 62.25
10.00 U. S. Mining. 54.50
10.25 U. S. Oil 9.30
21.37 Utah 54.50
16.00 Victoria 6 25
6.50 Winona 4.73
10.75 Wolverine . . 136.00
61.00
Allouez
Amalgamatd
Am. Zinc
Atlantic
Bingham . . .
Cal. A Hecla
Centennial -.
Cop. Range..
Daly West. .
Franklin ...
Granby
Greene Con.
Isle Royale.
Mass. Mining
Michigan . . .
Mohawk
Coffee and Sugar.
NEW YORK. July 20. The market for
coffee futures closed at a net advance of 156
20 points. Sales were 46,900 bags. Including:
July at 6.30c; August, 6.306J.40c; September.
6.3566.40c, and May, 7.0567.16c. Spot Rio.
steady; mild, steady. No. 7, 7c.
Sugar Raw. quiet: refining. 3c; centrifu
gal 96 test. 3c; molasses sugar. 3c. Refined,
quiet. Crushed, 5.50c; powdered, 4.90c; gran
ulated. 4.80c.
Wool at St. Louis.
ST. LOUIS. July 20. Wool Steady. Medium
grades combing and clothing, 246&C; light,
fine, 18622c; nne, heavy. 14617c; tut washed.
32638c.
Milwaukee Country Club.
Eastern and Seattle races. Take Sell
wood or Oregon City car, starting from
First and Alder streets.