THE MORNING OREGONIAN, TUESDAY, JUNE 11, 1907. 17 SPECULATE IN HOPS Schwarz & Sons, of New York, Heavy Buyers. HARRIS GETS 1100 BALES Firm Shows Its Faith in the Future of the Market English Crop Looking Better Condition , in Xew York State. The' big New York hop firm "of Benjamin Schwari ft Son evidently have plenty of faith In Lhe future of the hop market, for Joe Har r)K, thetr Oregon representative, hu In the past week or more taken on ipr them about HuO bale. ThU buying la regarded as wholly speculative and would not be Indulged In if the firm did not think prices were goin high t. Two years ago Schwarz was a heavy buyer when the market was In the same con dition as It is at present. The reault did not Justify his expectations, but that does not prevent btm from speculating In hops now. Ouong Karris' recent purchases the follow jtLg ? reported: From LJndholm tfc Forshay, . Tiverton, 178 bales at 8 cents; from P. J. C"X, of Sllverton, 85 bales at 8 cents; from Snansr. of Wood bum, 103 bale at 8 cents; from Dodoon, of Monmouth, 78 .bales at 64 cents. Other buyers in the market, either as late purchasers or having orders, are Klaber, Wolf A Netter, J. J. Metzler, Shucking, A. J. Kay and Catlln A Linn. Th present rainy spell is doing much good In brightening up the crop in this state and In Washington, and In yards where proper cultivation was given the hops are showing up well. A cable received from London yesterday said the English crop is looking healthy. The condition of the New York crop ts thus reported by papers of that atate: Watervllle Times: Hop-tyers are now busy In the yards hereabouts, going over them for the first time. The weather is several denrees warmer today, threatening rain, and is much more satisfactory for the growing crop than any we have had recently. The growers throughout this section are quite unanimous in their opinions regarding a reduced crop for this year, but are working their yards. In most instances, as faithfully as In years which have promised larger returns for their labor, both in price and quantity. Coopers i own Farmer: The, recent frostn have not Injured the new vine, but the crop ts very backward and there are many dead hills. . Schoharie Republican : Growers agree that the cold, unseasonable weather which has pre vailed through the month of May. with the merrury hovering about the freezing point con stantly, has resulted In the most backward condition of hopyanis In many years. In few yards have the vines been tied as yet, and thnne show a growth of only a foot or two. With the most favorable weather conditions In June, the vine cannot make sufficient pronre.is up to th time when the hop goes into "Mow" early In July to make-more than a medium or light crop. 15iO MARKET IS ADVANCED. Several Front -Street Houses Quote 20 Cents. Creamery Butter Situation. The scarcity of eggs and an improved city and ahipp'n demand gave the market quite a lift yesterday. Orders from the North were more pressing than they have beer, for sme time past, and the Inquiry from the city rctalUrs was also better, aa the latter are now getting but few eggs direct from the ecun.ry. prices quoted on Front street, how ever, were unusually wide apart. Of the leading egg handlers, one quoted the mar ket at 18g18H cents, two at 18H cents, one at 19 cents and three at 20 cents. They all asserted they were doing business at the figures quoted and produced the docu ments to prove It, which shows very clearly that an exchange Is a crying necessity on t'.ie street. The radical change promised In the but ter market failed to materialize. The, only feature of the day was the announcement of an advance of 1 cent to 25 cents by the Hazelwood 'Company, effective this morning. The other creamerymen that threatened to go to 27 cents changed their minds, and the drop to 22 H cents on Front street was prevented by the lightness of supplies and the steadiness of the city market. In the outside markets San Francisco and Chicago were weaker and half a cent under Satur day's prices. WHEAT DULL, BUT UNCHANGED. Visible Supply of Grain Reported by Mer- chants' Exchange. fc The wheat market was dull yesterday and rather easy, but dealers did not quote any change In price. Oats were quoted weak and barley steady. The weekly (Train statistics of the Mer chants' Exchange follow: American visible supply Hushels. Decrease. l 2,000 1,027. Oi tu 1,057.000 072.000 . 1,857.000 2,fii:t,ooo 1,042.000 2OG.0O9 1.432,000 June 10, 1907.. June 1 1, !.. . Jtini 1J, 1i5.. June . 104. . . June 8. 193 June . 1101!. . . June 10, 1iU. . . .40.114.000 . .LMi.7S4,tiO . .IH.lritl.OOO . .'JO. OtH) . .2lMt71.000 . .J5,ml,OO0 . .H.V21t'J,100 June 11. H0 44.407.0DO Juim la, 15 I'D 27,017,000 Increase. Quantities on passage Week Week Week Ending Knding Ending June S. June 1. June 0, '00. For Bushels. Bushels. Bushels. Vnhted Klngdom..2S.SR0.000 29.2ST,000 29,2O,O00 Continent . . 10.7ti0.Oo0 20,128.000 14,080,000 Total .4S.A40.0OO 40.408,000 44.000,000 World's shipments, principal exporting countries (flour Included): Week Ending June S. From Bushels. Vnlted States and Cun... 3.2i.t.oo0 Week Week Ending Ending June 1. June 0. 'o& Bushels. Bushels. 2.202.000 8.301,000 2,37.Oitrt 2,208.0110 atjo.ooo 100,000 1.7TB. 000 m4.000 2, 0o. 0 H 3, .r 20, 0i i0 632,000 0OS.OOO Argentine .. 3.:t20.t Australia uSO.UOO Panubian ports Russia .. India .... 1.200.000 l.ttSO.OOO UM.0OO Total ....12.527.000 0.020,000 10,401,000 Rain Checks Fruit Trade. The cool wet weather put a damper on the local fruit trade. Fortunately It also checked the movement of berries to this market, and as no more came In than were required, the price was held steadily. Eari) California fruits were In fair supply with little change in price. Among the day's receipts were a car each of bananas, navels and lemons. Two cars of cantaloupes are due this week and the Arms to which they are coming are earnestly hoping for a change in the weather. Bunk Clearings. Bank clearings of the leading cities of the Northwest yesterday were: Clearings. Balances, Portland Jl.TS.Mio IinO.275 F.attle I,604,tt:t3 17S.7tf Tacoma 1.0.i0.774 12S.2i4 Sookaue 1.0o0,l80 104,342 PORTLAND QUOTATIONS. Grain. Flour, Feed. Ete. ftCTLLSTUFFS Bran. ci'T $17. country S18 per ton; middlings, $24.504' 25.50; shorts, city $10, country (JO per un; U. S. Mills dairy chop, $15.50 per ton WHEAT Club. 87c; bluest em, SS$0Oa; Valley, l6ji 67c; red. 85c. OATS No. 1 white. $2K30: gray, nominal. FLOUR Patent. $4.80; straight, $4.25; clears, $4 25; Valley, $4.3034.40; graham flour. $4o.&0; whole wheat flour, $4,250; 4.75. BARLEY Feed. $2222.50 per ton; brew ing, nominal; rolled, $23.5024.50. CEREAL FOODS Rolled oat a. rrttm. 00 pound sacks, $7; lower grades, $5.50 & 0.5U, oatmeal, steel-cut. 45-pound sacks. $8 per barrel; 0-pound sacks. $4,15 pr bale: oat meal (rroundl. 45-pound sacks, $7.50 per barrel; ft-pound sacks, $4 per bale; split seaa. per 100 pountas, $4.254,80; pearl bar i 10-DOund sacks. X2 30 Der bale. CORN Whnln S-fl: cracked. S27 Der ton. HAY Valley timothy. Wo. 1. $17 18 per ton; Eastern Oregon timothy. 9-i V clover. $0; cheat. $010; grain nay, svxvi alfalfa, $13&14. Vegetables, Fruits. Etc DOMESTIC FRUITS Strawberriea, $1.50 1.75 per crate; cherrl e. 40c$$1.65 per box; apples, $J3.50 per box; gooseberries, Cgttc per pound; cantaloupes, specials. $2.50, crates $0'? 6.5: apricots. $1.50 1.75 per crate; peaches, $1.75 per box. TROPICAL FRUITS Lemons, f4.5O06.rO box: oranges, navels, $2.50 3.50, sweets, $3.253.50, Valencia $3.50 4; grape-fruit, $2.503.0; bananas. 5c per pound, era Led 55 c. - ROOT VEGETABLES Turnips, $2 per sa cV ; carro ts, $2 . 50 per sa c k : beets, $2..0 per sack; garlic, 8c per pound. FRESH VEGETABLES Artichokes, 509 60c per dozen; asparagus, luc per pound; beans, 12 M, & 15 per pound ; cabbage, 2o per pound ; corn, 3.iOc per dozen ; cucumbers, 75c per dozen; lettuce, had, 25c per dozen; lettuce, hothouse, $1.50 per box; onions; lo'f20c per dozen; parsley, 20c per dozen; peas, 2p5c per pound ; peppers, bell, 45c per pound; radishes, 20c per dozen; rhubarb, 3c per pound; spinach, c per pound; squash, 50c $1 prr box; tomatoes, $H.50&4 per crate. ONIONS Texas, $2.23 per crate; new California, fitatic per pound. DRIED FRUITS Apples. 88Vjo pound; apricots. 16 19c; peaches. 11 13c; pears, llH14c; Italian prunes, 20c: Califor nia figs, white. In sacks, 56c per pound; I lack. 4ftfe5c; bricks, 75c0$2.25 per box; Smyrna. 18 20c pound; oates, Persian, 6 & 7c pound. POTATOES Jobbing price: Oregon and Eastern, $2.25 per sack; new potatoes, & 5c pound. Butter. Eggs, Poultry, Ete. BUTTER City creameries: Extra cream ery, 24 25c per pound; State creamerie: Fancy creamery, 2225c; store butter, 174 q 18c. CHEESE Oregon full cream twins, 15tt& 16c; Young America, 16 17c per pound. POULTRY Average oid hena. 14c; mixed chickens. 13c; Spring fryers and brol lers, 17c; old roost ers. 9 P 10c ; dressed chickens, 16&17c; turkeys, live, 10 el2c; turkeys, dressed. choice, nominal; geese, live, per pound, 8c; young ducks, 15 lc; old ducks, 13c; pigeons, $1 3-1.50; squabs. $23. EGGS 18fc20c per dozen. Dressed Meats. VEAL Dressed, 75125 pounds, 88Hc; 125 150 pounds, 7c; 150200 pounds. 6c; 00 pounds and up, 56c. BEEF Dressed bulls, 4i&4Hc per pound; cowa, Vff'7c, country steers. 78c. MUTTON Dressed, fancy, 9c per pound; or dinary. 8iSUo: spring lambs, 10 (fir 10 4" c. PORK Dressed, 100 130 pounds, S 9 0c; 150$2oO pounds, 797Vc; 200 pounds and up, alette, PORTLAND STOCK EXCHANGE. Poticic, Mornlns; and Tacoma Steel at Last ' Week's Prices. Stocks sold at steady prices on the local exchange yesterday, potlcle at 10. Morn ing at 4 and Tacoma Steel at 12 were the prices paid for these stocks last week. . Official quotations were as follows: Bank Stocks Bid. Asked, Bank of California 3:i0 350 Bankers' & Lumbermen's 104 112 Merchants' National ISO Oregon Trust & Savings io Portland Trust Company. , 120 United States National 200 ... LISTED SECURITIES. Bonds American Biscuit Co. 6s H$ 100 City & Suburban 4s ... 93 Home Telephone 6s.' 82 O. R. & N. Rv. 4s 09 O. V. P. A Ry. 6s 100 1036 Pacific Coast .Biscuit 6s 97 100 Portland Railway 5s 8914 Miscellaneous Stocks Associated Oil S3 84 Home Telephone ... 42 Pacific Tel. A Tel. (pfd.) 95 Pacific Tel. & Tel. (com.) 7 15 Puget Sound Telephone 40 Mining Stocks La fee view 15 Manhattan Crown Point 20 22 Potlcle Mining 19 21 Washougal Extension 25 26 UNLISTED STOCKS. Yaquina Bay Telephone 6 9 Oregon City Mill & Lumber... ... 4 Alaska Petroleum 15 20 British Columbia Amal 02 03 Cascadia 22 27 Mammoth 08 12 Morning 03 05 Standard Consolidated 07 10 Tacoma Steel ' 09 14 Coeur d'Alene District Bullion 08 08 Copper King 00 104 Happy Day 04 . 05 O. K. Consolidated 04 05 Snowshoe 41 48 Snowstorm ..2.90 2.95 SALES. 1000 Potlcle 2000 Morning . . . . 1000 Tacoma Steel 19 H 04 12 Eastern Mining Stocks. BOSTON, June 10. Closing quotations Adventure .$ 2.50 AUoues .... 45-00 Amalgamatd 80.12 Parrot $ 19. 50 Quincy 113.50 Shannon .... 17.87 Tamarack . . 102.00 Trinity 19.73 United Cop. . 67. 00 U. S. Mining 49.75 Atlantic ... 11.50 Bingham . . 15. SO cai. A Hecia boo. 00 Centennial 1. 00 Cop. Range. Daly West.. Franklin . . . Gran by .... 78-00 15.50 13.50 120.00 U. S. Oil 10.50 Utah 58.75 Victoria . .t Winona . . . . Wolverine . , North Butte. Butte Coal.. Nevada cm. & Ariz. Ariz. Com... 6.50 7.00 150.00 80. OO 24-50 13.25 153. 00 22.50 isle Koyaie. 1550 Mass. Mining 475 Michigan ... 13.00 Mohawk . . . 85.00 Mont C C 2.50 O. Dominion 4fi.oo Osceola .... 125.00 . PORTLAND LIVESTOCK MARKET. Prices Current Locally on Cattle, Sheep and Hogs. The following prices were quoted in the local marekts yesterday: CATTLE Best steers, $4.251f4.60; medium, $3.75$ 4. 25; cows. $3.5't$f3.75; fair to medium cows, $2.50Qf3; bulls, $2gf2.50; calves, S4f5.50. ttHREP Best, ah eared, $4.254.50; lambs, $C.75fjiO. HOGS Best, $6-60(&6.75; light fats and feed ers, $ti.25t&i.60. Eastern Livestock Prices. CHICAGO. June 10. Cattle Receipts, 30, 000; 5c to 10c lower. Beeves, $4.50 6.60; good to prime steers, $5.506; poor to me dium, $4.501i 3.5O; storkers and feeders, $3 6.25; cows. $l.754.75; heifers, $2.605.50; calves. $.Y50(jj'0.00, Hoks Receipts today, 50,000; 5c lower. Mixed. $(V10& 6.32 ; good to choice heavy, $u156.27 ; heavy, $5.80(6.27; rough heavy, $5.80&6; light, $6.10&6.35; pigs, $5.70 & 0. 25. Sheep Receipts, 20.000; steady to 10c lower. Lambs. $6.50$i 8.50; natives and Western sheep, $4.50(3 6.S5; yearling, $6.40 7.10; Western lambs, $0.50(8.60. KANSAS CITY. June 10. Cattle Re ceipts, 7o0; market. 10c higher. Native eteers, $4.756.25; Blockers and feeders, $3.50 O 4.70; Western cows, $3.054.05; Western steers. $4.23 6; bulls, $3.43& 4.85; calves, $4 il 6.75. Hogs Receipts. 10.000; market, weak. 5c lower. Heavy, $66.10; packers. $6.05 6.20; light. $6.12 A.22H; pigs. $5.75 6. Sheep Receipts, 6000; market, steady. Muttons. $5.7o5jf 0.73; lambs, $7.509.30; range wethers, $5 & 7.10; ted ewes,. $4,753 6.15. SOUTH OMAHA, June 10. Cattle Re ceipts, 4700; market, steady to strong. Na tle steers. $4.50d-4V; native cows and heifers. $2.7545; Western steers. $3.50S 5. 30; stockers and feeders, $3fif5; calves, $3.50$?rt.30; bulls, stags, etc., $3.5004. $3. Hogs Receipts. ROOo; market, weak to 3e lo -.ver. Heavy. $ 3. 93 6-05 ; mixed, J (5 6. 05 ; light. $6.10(6.15. Sheep Receipts. 2000; market, strong. Yearlings, $6.G0& 7.2-5; lambs, $7 $.60. Dried Fruit at New York. XEW YORK. June 10. The market for evaporated apples continues steady on spot supplies, with pricea unchanged. Fancy are quoted at 8gSc; choice, 7(S7c; prime, 64? 60. and poor to fair. 5tS6c. Prunes are firm in tone, although recent ad vances on the Co&st appear to have checked the demand for future shipments to some ex tent. Spot quotations range from 4c to 12c for California fruit and from 6c to 10c for Ore gon. Apricots are unchanged wtth choice quoted t 18Utt-19c; extra choice, lO20c, and fancy, 2ii 21c. IVaches" are in slow demand, but prices are steady. Choice are quoted at 11 ; extra choice. 1 21 1 2 V4C ; fancy, 12 6 13c, and extra fancy. 13 15c. Raisins are firm, with loose muscatel quoted at 8-4 10c; seeded raisins, 7jffllc, and London layers, $1.5061.00. New York Cotton Market. NEW YORK, June 10. Cotton futures closed barely steady at a nqf advance of 5 points to a decline of 25 points. June, 11.05c: July. 12.00c; August. 11.73c: Septem. ber. 11. 6tc; October. ll.7$c; November, 11.75c; January, ll.fcSc; February, 11.92c; March, 11.97c. Damascus creajnery butter fat, L o. bw Portland, -l"a. ley, $4 4.50 per 10O pounds: pastry flour. STOCK PRICES RISE Crop Report Causes a Sharp Advance. REFUTES SCARE - STORIES Opportunity Seized by Professionals Xor Profit-Taking With the Re sult That the Gains of the Day Are Lost. NEW YORK. Juna 10. Th. usual result followed today In th. stock market from the week-end recovery In prices. That is, some moderat. outside demand was attract, ed. The sufficiency of such a demand to absorb the pront-taklng sales on Monday by th. professionals who have bought stocks on th. week-end rise is regarded usually as a test of the real strength of the market. Regarded in that light, th action of prices today did not serve to con. firm the -appearance of strength last week. The moderate advances of the first hour were yielded almost entirely before the fores of proflt-taklng sales. It was not until the appearance of the crop report, which was delayed until 2 o'clock, that anything like animation re vived in the stock market. It gave prompt evidence then of relief from the appre hension caused by the reports of Saturday regarding th. extreme deterioration of the Kansas crop of gloomy prospects as given by a private crop report. The Govern ment's figures were accepted as a refuta tion of these alarming reports. The de creased acreage sown In Spring wheat seemed to have no disturbing effect on sentiment any more than did the decline In condition of that crop compared with last year. Prices advanced to the highest of the day after tke appearance of the report. The midday reaction in stocks was nelped by the effect of the weekly bank state ment of last Saturday, especially as Sat urday's gold -shipments were supposed not to have been reflected In the statement, even with the large excess in the cash loss over estimates. An important development in the international money situation with the cessation of the Paris demand for gold. The rally in stocks after the publication of the crop report was seized by professionals for occasional profit-taking and prices went to the lowest of the day for many of the stocks. Bonds were firm. Total sales, par value, 11.255,000. United States bonds were un changed on call. CLOSING STOCK QUOTATIONS Closngl . - Sales. High. Low. Bid. Adams Express 300 Amalgam Copper . 86.800 87 86 86 Am Car & Foundry 4,000 12 14V 14 do preferred) 200 9TVi 87(4 Am Cotton Oil ... 1,100 3114 H4 804 io preferred ..... 86 American Express ..... 200 Am Hd A Leat pf ..... 19 Am Ice Securities Tl 71 71 Am Linseed Oil.. 700 10 10 . i do preferred..... 24 Am Locomotive... 2,200 59 &8- do preferred 20O lfi5 1044 104 Am 8melt Sc Refln 18.800 12514 1184 11814 do preferred 300 106 105 106 Am Sugar Refining 600 121 12014 12014 Am Tobacco pr cer 200 A3 93 06 Anaconda Mnlng . 8,300 6S14 67 Hi 57 Atchison 17.700 90 88 SB do preferred 9214 Atlant Coast Line 400 9814 9S14 98 Atlantic Coast Line 9214 Baltimore & Ohio.. 1.500 ' 96 9514 9511 do preferred 85 Brook Rap Tran.. 400 B.M4 B4 6414 Central Leather .. 300 2814 2314 231i do preferred 90 Canadian Pacific . 2,700 16914 168 168 Central of N. J. 170 Chesapeake & O... 1,400 3614 35 35 Chciago Gt West.. 1,100 1114 H 10 Chi 4 Northwest.. 1,300 145 14314 143 Chi, Mil & St. Paul 6.900 120 12814 128 Chi, Term & Trans 5 do preferred 15 Colo Fuel & Iron. 8,000 82 3014 30 Colo St Southern .-1,600 23 "4 2314 2314 do 1st pfd ..... ..... 57 do 2d pfd 600 46 4414 44 Consolidated Gas . 200 118 118 116!, Corn Products ... 100 17 17 17 do preferred. 72 Dela & Hudson ... 700 16914 16S14 16714 Del, lack & West 450 Denver & Rio G. . 400 28 26 25 do preferred........... 70 Distillers' Securtt.. 400 65 1 64 6414 Erie 6,800 23 ' 23 22 do 1st pfd . 1.400 67 56 5614, do 2d pfd 800 36 SB 85 Gt Northern pfd .. 10,000 129 128 128 Hocktng Valley 78 Illinois Central 136 International Paper 200 13 13 13 do preferred 72 International Pump 22 do preferred 74 Int Met 300 18 17 17 do preferred 400 48 48 47 Iowa Central 17 do preferred 2O0 48 48 40 Kan City Southern 200 25 25- 25 Louis & Nashville 2.U00 113 112 112 Mexican Central . 100 20 20' 20 Minn & St. Louis 47 M. St. P A S S M 600 105 105 104 do preferred - 130 Missouri Paclflo .. 1.100 7B 74 75 Mo, Kan & Texas. 2,800 t 33 33 National Lead ... 7O0 62 62 62 Northern Pacific . 17.200 127 125 125 Mex Nat R R pf 48 New York Central 6,200 113 112 112 N Y, Ont West. 30 37 36 36 Norfolk WeBtern 200 74 74 74 do preferred. 70 North American 100 68 68 68 Pacific Mall 1O0 24 24 24 Pennsvrvanla . ... 2.800 121 120 120 People's Gas 91 Pitts. C C St. L 68 Pressed Steel Car. 800 35 S4 34 do preferred 100 90 90 f0 Pullman Palace... 20 162 162 160 Reading S3.400 107 105 105 do lrt pfd 80 do 2d pfd 80 Republic Steel ... 800 26 26 26 do preferred..... ...... ..... ..... 82 Rock Island Co... 4,400 21 21 21 do preferred 100 46 46 45 Schloss-Sheffleld 66 St. L & S. F. 2 pf 1.000 34 33 86 St. Xj Southwest.. 4O0 20 20 20 Southern Pacific . 17.8O0 T8 76 77 do preferred 4t0 112 111 111 Southern Railway. 2,000 1S-14 19J 19 do preferred 20 61 60 60 Tenn Coal Iron. 200 140 1384 140 Texas & Pacific. 3"0 27 27 27 Tol. St. L & West nrirt 27 2R 27 do preferred K"0 50 50 40 Union Pacific 89.5O0 1 38 . 135 135 do preferred 400 86 86 85 TJ. S. Express .... 96 U. S. Realty 6 U. S. Rubber .... f0 87 37 86 do preferred..... 600 100 10f. 100 U. S. Steel 63.400 35 R4iJ 34 do preferred ... 8.800 99 98 98 Vir-Caro Chemical. 600 27 27 27 do preferred 200 105 106 105 Wabash 200 13 13 13 WeilB-Patfro Exp.. . . . . ..... 20 Western Union ... 200 Rl 80 80 Wheeling & L Erie 500 11 11 11 Wisconsin Central 1 do preferred .-.' 'V 3b' Total sales for the day. 669.600 shares. BONDS. NEW YORK, June 10 Closing quota tions: r S. ref. 2 reg.lMlr. ft R. G. 4s.. 93 do coupon 104'tf. Y. C. G. 8s 92 TJ. s. Ss reg 103 iNorth. Pac. 8s.. 70 do coupon .... 102 North. Pac 4s. .101 U.S. new 4s reg. 12S South. Pac. 4s.. 87 do coupon 128!I"nlon Pac 4s. .101 U.S old 4s reg.loo'Wls. Cent. 4s.. 85 do coupon 100 Uapanese 6s 98 Atchison adj. 4s 90 Japanese 4s... 92 Money, Exchange, Etc. NEW YORK, June 10. Money on call, steady. 12, per cent; ruling rate, 2 per cent: closing bid. 1 per cent: ofTered at 2 per cent. Time loans, strong; 60 days. 3 4 per cent; 90 days, 8 04 per cent; six months, 5 per cent; prime mercantile paper. 5 per eent- Sterllng exchange firm, with actual busi ness in bankers' bills at 4 8695 4.87 for demand and at $4.S2094.S3S5 for 60-day bills; posted rates, S4-S4M.SS; commer cial bills. 14.83. Bar sliver, 66 c Mexican dollars. 51 Sc. Government bonds, steady; railroad bonds, firm. LONDON, June 10. Bar silver, steady. 30 ll-16d per ounce. Money, 3423 per cent. The rate of discount in the open market for short bills is 33 per cent; for three months! bills, 3 3 per cent. BAN FRANCISCOw Jnn. la Silver bars, 66 Sc. Mexican dollars, 61 a. Drafts, sight, par: telegraph. 2c. Sterling on London. 80 days. 84-S3; sight, 4.87. , Dally Treasury Statement. WASHINGTON, June 10. Today's state ment of the Treasury balances in the gen eral fund shows: Available cash balance $260,817,947 Gold coin and bullion S5.202.259 Gold certificates 60,920,100 Metal Markets. NEW YORK, June 10. The London tin mar ket was lower, spot closing at 184 5e, and futures at 180 15s. Locally the market was dull with spot quoted at 40.50tfj41.60c. Copper was 6s higher in the London market, with -spot quoted at 97 10s. and futures at 94 Ids. Locally the market was dull and seems to be unsettled. Some dealers are said to be noldlncr for . recent higher price, but concessions are - reported In this direction. Lake Is quoted -at 24.0CXS24.50c: electrolytic. 22.7fJg23.25c. and casting at 21.7522e. Spelter was 2s 60V lower at 24 7s 6d, in London. Locally the market vu dull and unchanged at 6.40326.60c. Iron was lower in the English market. Locally the market was unchanged. Lead was unchanged at 5-7&5.85c locally, but advanced 2s 6d to 20 2s 6d in London. Coffee and Sugar. NEW YORK, June 10. Coffee futures closed quiet at a net decline at 510 points. Sales for the day were reported) of 9760 bags, including July, 5.356.40c; August, 5.30c; Sep tember, 5.30i6.35c; December, 6.3006.400 ; March, 6.40c; May. 6.45f5.55c. Spot quiet. No. T Rio, 6c: No. 4 Santos. 7c Mild coffee quiet; Cordova, 612c Sugar Raw quiet: fair refining, S.S6c; cejv- trlfugal, 96 test, 3.86c: molasses sugar, S.llc. Refined steady. Crushed, 5. iO; powdered. S5.10; granulated. X5.00. Dairy Produce In the East, CHICAGO, June 10. On the Produce Ex change today the butter market was weak. Creameries. 1722c; dairies. 1721c - Eggs Easy; at mark, cases Included. 14o; firsts. 13 c: prima firsts. 14 a -Cheese Steady; 1213c NEW YORK, June TO. Butter Easy. Western factory common to firsts, 17ffi20c; Western imitation creamery, 21c. Keera Unsettled. Western firsts, 15 0 10c; seconds, 14 14 15c. Wool at St. Louis. . ST. LOUIS, June 10. Wool, steady. Me dium grades, combing and clothing, 2427c: light fine. 2121c; heavy fine, 1517c; tub washed, 30 37c. Elgin Butter Market. ELGIN, 111., June 10. Butter, unchanged at 23c; output for week. 851.600 pounds. - IMPROVING THE ROADBED Northern Pacific Doing Extensive Work on Olympia Iiine. TACOMA, June 10. Extensive improve ments are being made on the Grays Har bor branch of the Northern Pacific and beyond Olympia the road is being thor oughly overhauled. The plans include the complete reballastlng of the line and the laying; of heavier rails from the sound to the sea. Much of the rebal lasting has already been accomplished, Bivins the track a much better surface, and two large section gangs are working constantly completing this work. The re laying of the rails will not be commenced until the present work has been com pleted. At Olympia a new turntable pit is be ing put in of such capacity that heavier engines than those at present used can be handled beyond that point. Through out the road, new lumber branches ' are being put in and the present ones ex tended and other general traffic improve ments are being made. This work is be ing done In connection with the extension of the line north from Moclips which will find its terminus at Port Clallam. BIG SUM FOR BAKER MINE New York Capitalists Invest $250, 000 in Copper Property. BAKER CITY, Or., June 10. (Spe cial.) Papers have been signed, and Instruments of writing drawn trans ferring the ownership of the Poorman and Sovereign groups from the Oregon Idaho Investment Company to a party of New York capitalists for the con sideration of $250,000. The men who compose the Oregon Idaho Investment Company are James A. Howard, John Arthur, Kenneth Mc Ewen and Fred R. Mellis, and through their efforts this magnificent group of mining claims has been developed to the extent that the richness of the ore cannot be questioned. It has stood the most crucial test of the moneyed men who purchased the property. The Sovereign and Poorman groups are located northwest of this city about 30 and 22 mtlea respectively on Goose Creek. Something like eight months ago Messrs. Howard, Arthur, McEwan and Mellis commenced development on these properties. Through Charles Lelbenstein, of this city, the attention of the New York capitalists was brought to the claims and examination after examination fol lowed. W. B. Gladding, who repre sents the new owners, I here with his engineer, Charles Knight, and they will at once take charge of the prop erty. While copper is the chief mineral found there is also considerable gold carried with it. WANT THE BACK DOORS OPEN Tacoma Saloonmen Propose Compro mise for Sunday" Closing. TACOMA-, Wash., June 10. "The object of resuscitating the Retail Liquor Theat ers' Association." said President Sidney Dundas of. that organization today, "is for mutual protection from abuses and extremes from which the business is made to suffer unnecessarily and un-. reasonably." Talk with other saloon proprietors of the city elicited the fact that a compro mise will be suggested to the state and county authorities In which licenses here after granted 'Will contain provision that only the rear door shall be open on Sun day to places where liquors are sold. It may not be suggested Immediately, but it is the ultimate purpose of the dealers to agree to such condition. The Prose cuting Attorney, however, has no au thority to compromise the law. His only duty is to try enforce it; and his ex pressed determination is to continue to do so as long as the law shall exist Four more saloonkeepers were arrested today for keeping open Sunday. Identified as "Red"-Wilson. ASTORIA, Or., June 10. (Special.) The identity of the man who was killed re cently by the overturning of the A C. Railroad Company's steam shovel at Clifton has at last been ascertained. At first the man was supposed to have been Thomas I Quick, of Tillamook, as pa pers belonging to Quick were in his pock ets at the time of the accident. The body has now been recognized as that of "Red" Wilson, who was recently released from the State Penitentiary after serv ing a term from Eastern Oregon. He is also said to have been a -veteran of the Spanish-American War and served In the Philippines. Agent and Cash Disappear. LA GRANDE. Or., June 10. (Special.) Pacific Express detectives have been hunting since Friday for one Royer, who was employed as night operator at Hll gard, and who is missing with a ship ment of 225 in "currency sent- from this tfea xiia&t ttefora. CONDITmnOFGRQPS More Favorable Than Has Been Expected. GOVERNMENT STATISTICS Wheat Prices Slide Off a Cent at Chicago on Publication of the Report Foreign Mar kets Higher. WASHINGTON. June 10. The Agricultural Department's crop report. Issued today, shows the condition of Spring wheat on June 1, 1907. was 88.7. compared with 93.4 on the corresponding date last year. The acreage sown la the United States In 1907 in Spring wheat was 16,464.000, a decrease of 1.242.000. or seven per cent, ss compared with last year. The condition of Winter wheat on June 1. 190T, was 77.4, compared with 82.7 on June 1, 1908. Total acreage oats was 81.491.0O0 acres, an increase of 632,000 acres, as compared with the area sown last year. The condition of oats on June 1 was 86.6, against 85.8 last year. The acreage of barley la less than that of last year by about 171.000 acres, or S.7 per cent. Condition of barley, ' 84.9, aa against 93.5 last year. Condition of rye, 88.1, against 89.1 this time last year. WHEAT WEAKJEB AT CHICAGO. Opens Firm on Higher Cables, but Drops on Crop Report. CHICAGO, June IO. The official statis tics estimated the condition of Winter wheat on June 1 as 77.4 and Spring wheat as 88.7. The total acreage of Spring wheat was placed at 16.464,000 acres, a decrease of 7 per cent compared with last year's crop. These figures were more favorable than had been generally expected and prices declined more than one cent per bushel inside of five minutes. Early in the session the market - had been nervous, prices fluctuating over a wide range. The market was firm at the opening because of higher prices at Liverpool, but the con tinued favorable weather for the crop in this country overcame this bullish influ ence and caused a decline In all deliveries. The weakness was .increased later by the Government report. ' The close was weak. September opened 2c higher at 99 9 99c, sold at 99c and then declined to 97,c. The .close was at 9898c July ranged between 95c and 97 o and closed at 95 95c Firm cables and wet weather over the greater part of the corn belt had a strengthening Influence On the corn market early In the day, but toward the later hours prices weakened on selling by local longs. The marketfclosed weak. September corn opened 6?c higher at 54&54o. sold between 53c and 54c and closed ax 5333c. Oats were firm at the opening because of an active demand for July by shorts. The Government crop report was bearish and the market closed weak. September oats opened unchanged to c higher at 38(9 88 c, declined to S7c, and closed at 37 c. July sold -between 44 c and 46 c and closed at 44 He Trading in provisions was quiet and the market was weak because of selling by local packers and a 5-cent decline In the price of live hogs. At the close pork was down 15c at $16,37. Lard was down IO 12 Vic at 9.07 9.10. Ribs were 7o lower at 977. Leading futures ranged as follows: WHEAT. July Sept. Dec. 16.35 -16.45 LARD. 9.00 9.00 9.17 9.17 July Sept. 8.90 9.05 8.92 9.10 SHORT RIBS, July 8.7B 8 77?4 Sept. .... 8.92 8.05 8.70 8.67 8.72 8.87 Cash quotations were as follows: Klour Steady. "Wheat No. 2 Spring. 81.001.03 No. S. B7CX1.VS; KO. 2 red. 9496c. Corn No. 2. 6354c: No. 2 yellow, 64c. Oats No. 43c; No. 2 white, 4647c; No, 8 white. 4446c Rye No. 2, 85c. Barley Fair to choice malting, T2T5c Flaxseed No. 1 Northwestern. $1.81. Timothy Seed Prime, $4.76. Clover Contract grades, $15.26. Short Ribs Sides (loose), $8.608.TO. Mess Pork $I6.1016.20 per bbl. Short Clear Sides (boxed) $8.87Sf9.12. Whiskey Basis of high wines, $1.31. Receipt. Shipments. 16.000 16,000 .... 85.000 22.900 ..1.611,000 642,000 Flour, bbls. . Wheat, bu. . Corn, bu. Oats. bu. ... Rye, bu. Barley, bu. . 247,500 64,700 2.000 23,000 Grain and Produce at New York. NEW YORK, June 10. Flour Receipts. 18,900 barrels; exports, 16,400 barrels. Mar ket dull and about steady. Wheat Receipts, 96,700 bushels; exports, 143,859 bushels. Spot easy; No. 2 redv $1.01 elevator and $1.02 f. o, b. afloat; No. 1 Northern, Dulirth, $1.11 ,t o. b. afloat; No. 2 hard Winter, $1.04 f. o. b. afloat. Early steadiness In wheat was followed by a period of ; depression, due to unloading and more favorable European news. Following the crop report, which was more bearish than expected, prices broke a cent, rallying a little in the last few minutes. They closed 'a net lower. Close: July, $1.04; September, $1.04. and December, $1.05. Hops and wool Steady. Hides Quiet. Petroleum Firm. Visible Supply of Grain. NEW YORK, June 10. The visible sup ply of grain Saturday. June 8. as compiled by the New York Produce Exchange, Is aa follows: Bushels. Decrease. Corn 5.560.000 85,000 Oats 10.153,000 452.000 Rye 4.13,000 39.01)0 Barley 965,000 37.000 Increase. F,uropean "Grain Markets. . LONDON, June 10. Cargoes, firm; Cali fornia prompt shipment, 35s; Walla Walla prompt shipment, 34s 9cn English country markets 6d to Is cheaper. French country markets dull. LIVERPOOL, June 10. Wheat July. 7s ld; September, 7s Sd; December, nom- HlnneapoUs Wheat Market, MINNEAPOLIS. Juno 10. Wheat July, 99c; September, 98c; No. 1 hard. $1.02; No. 1 Northern, $1.01; No. 2 Northern, 6u 96; No. Northern. 96(j97c Wheat at Tacoma. TACOMA, June 10. Wheat, unchanged and nominal; bluestezn, 78c; club, 85c; red, 82c. . " Onen. ' High. Low. CIofs. .97 .97 S .95 .95 .90 -.99 .9.1 .98 1.01 1.01 .99 .99 CORN. July 54 .64 .63 .53 Sept. 64 .54 .53 .63 Dec .52 .52 .52 .52 OATS. July 46 .46 .44 .44 Sept. 38 .38 .37 .37 May .40 .40 .39 .39 MESS PORK. 16.20 16.22 16.35 16.37 QUOTATIONS AT SAN FRANCISCO. Prices Paid ' for Products in the Bay City Market. - 6 AN FRANCISCO, June 10. The following prices were quoted In the produce market yesterday: - FRUIT Apples', choice, $1.76; common, 50c: bananas, $163-50; Mexican limes, $4; Cali fornia lemons, choice. $5; common. $1.60; oranges, navel, $163.60; pineapples, $2.503. VEGETABLES Cucumbers. Ilatl.75; y DOWNING-HOPKINS CO. BTaBUBHXD ISM BROKERS STOCKS-, BONDS, GRAIN Boaxhs amd sola far cask ana margin. Private Wires. ROOM 4. CHAMBER OF COMMERCE Phone Main 37 American National Bank SAN DIEGO, CAL. CAPITAL (paid up) $100,033. SURPLUS ANO UN. PROFITS, $40,003 Officers and Directors: Louis J. Wildo, President; R. M. Powers, Vice-President; H. E. Mills, Vice-President; Chas. L. Williams, Cashier; L. J. Rice, As sistant Cashier; E. Strahlman." Send Is Tour Pacific Northwest Items. , SEND US YOUR VISITORS FOR GOOD TREATMENT h SAIN DIEGO, CALIFORNIA POCT.TRY In Ban Dleso County the cllmatla conditions are well nigh perfect, as chicks can be hatched and reared the year round, and the demand tar ex ceeds the supply. GRAND TREE EXCURSION UP COWLITZ RIVER SUNDAY! TOR PARTICULARS, "SEE PAGE 12 OF THIS PAPER garlic. Sec; green peas, Sc; string beans, 24c; asparagus, 412c; tomatoes, $1.504. EGGS Store, 1719c; fancy ranch, 20He. POTATOES Sweets, $44.60; Oregon seed, Burbanks. $1.651.76r Eastern. $2-9 2.15; new. 22c: Oregon Burbanks, $2tft2.5. ONIONS .Australian, $3.2533.50; Bermuda, $22.25; young, $2.15;2.25. BUTTER Fancy creamery, 25c; creamery seconds, 23c;. fancy dairy, 24c; dairy sec onds, 22Hc: pickled, 2222c. WOOL Fall, Humboldt and Mendocino, 1314c; Nevada, 15318c; South Plains and San Joaquin. 6 8c; lambs, TjJIOo; Spring Humboldt and Mendocino, 21S23o; Eastern Oregon, 2023c. HOPS California, 610o; contracts, 10 11c. CHEESE- Toung America, - 1414Hc; Eastern, 12c. . HAY "Wheat. $1824c: wheat and oats, tleai; alfalfa, $1112.60; stock. $8(3-0; straw, 090c. MILLS TUFFS Bran, 2022; middlings, $27530. POULTRY Roosters, old, $4; young, $7 $10; broilers, small, $2.25372.50: large. $3S4; fryers, $57; bens, $4.5O7.50; ducks, old, $45; young, $5934. FLOUR California family extras, $4,859 5.30; bakers' extras, $4-60024.80; Oregon and Washington, $3.753M.50. RECEIPTS Flour, 220T quarter sacks; wheat, 3800 centals; barley, 7830 centals; oats, 1616 centals; beans, 175 sacks; potatoes, 2500 sacks; bran, 020 sacks; middlings, 390 sacks; hay, 1096 tons; wool, 432 bales; hides, 323. Grain at San Francisco. SAN FRANCISCO, June 10. Wheat and barley--Qulet. Spot quotations: "Wheat Shipping, $1.45 1.50: milling. S1.6S01.65. Barley Feed, $1.20 J1.22H: Brewing, $1.221.25. Oats Red, $1.451.7S; white, $1.60 1.70; black, $1.85 2.25. Call Board Sales: Wheat No' sales. Barley December. $1.26H1.27. Corn Large yel low. $l,6Mrl,W. INDUSTRIAL AND MINING STOCKS WANTED We aro prepared to buy from private owners In- dustrlal and Mining Stock. Give full partic- ulars of the Shares held Make your price bottom and save our time and yours. We deal direct with owners only and not through brokers. All classes of Stocks consid ered, but Industrial Stocks preferred. E.E. KNOTT 6 CO. s" BROKERS 43 EXCHANGE PL., NEW YORK. TRAVELERS' GCISK. Jamestown Exposition Low Rates July 3, 4, 5; August 8, 9, 10; Sep tember 11, 12, 13. Chicago and return, $71.50. St. Louis and return, $67.50. St. Paul, Minneapolis, pulnth, Su perior, Winnipeg and Pt. Arthur and return, $60. u 3 TRAINS DAILY 3 For tickets, sleeping-car reserva tions and additional information, call on or address H. Dickson, C. P. and T. A., 122 Third St, Portland, Or. Telephones Main 680, Home A 2286. Ho! For Astoria FAST STEAMER TELEGRAPH Round trips daily (except Thursdays) 7 A. M. . Landing, Alder-Street - Dock. 1 Phone Main 565. TRAVELERS' GUIDE. :StC Cr Alnrlra 1 II II 7 wv ) FYf ITR v in N IgJlVUllilAVllil r Ci it. itoidi a a Spokane. Juno 14. .St. 28, July 12, 26: Aug. ft. Queen. July 18. HOME n.-UTB. 8. & President sails 2 P. M Juna 4 8. E. ALASKA ROUTE. Skagway, Sitka, Juneau and way ports. Sailing; $ P. M. H. S. S. Co.'s Humboldt June 2. 12. 21 Cottage City, via Sitka June 18. SO City of Seattle June 7. 17, 27 SAN FRANCISCO ROUTE. Sailing; 8 A. M. from Seattle. City or Puebla June 4, It Sonoma June 11. 24 President June ST City Ol-'lee, 248 WashJaston St. forth (Jerman hyd. FAST EXPRESS SERVICE. PLYMOUTH CHERBOURG BREMEN, Kaiser, June 4, 10 A. Ml K.Wm.II, JulyO.S A II K.Wm.IL.Junll.e AMIKronprlnz, July 16. SAM Ironprins,Junl8. lOAMIKalser, July 30. 10 AM Kaiser. .July 2, 10 AMI K.Wm.II, Aug. 6. SAM TWIN-SCREW PASSENGER SERVICE. PLTMOUTH CHERBOURG BREMEN, 10AM Bremen ..May 28IFriediieh ...June 21) Main Juna 6P. Alice June 25 Barbarossa .June 8i Bremen July 4 Kurfuerst June 13( Barbarossa ....July 11 Bremen direct. MEDITERRANEAN SERVICE. GIBRALTAR NAPLES GENOA, AT 11 A.M. P. Irene June IIP. Irene....... July 13 Keckar .......June 8!'Keckar .......July 20 K. Luise ......June 15K. Lulse July 27 K. Albert June 29 K. Albert..... Aug. S Omits Genoa. From Bremen Piers. Sd A 4th Bts.. Hoboken. Northv German Lloyd Travelers' Checks Good Ah Over the World. OELRICHS & CO., No. S Broadway, N. T. ROBERT CAPPELLE, O. A. P. C, 1H Vaa Ness Ave., ban Francisco, CaL SAN FRANCISCO PORTLAND 8. S. CO. Only ocean steamers affording daylight trip down Columbia River. From Alnsworth Dock, Portland, 9 A. M- S. S. "Columbia,' June 15, 25, July S, eta. S. S. "Costa Ki.-a," June 20, SO, July 10, etc From Spear-street -Wharf, San Francisco, 11 A. M. S. 8. "Costa Rica," June 15, 25, July 5, etc. S. S. "Columbia," June 20, 30, July 10, etc. J AS H. DEWSON, Agent, Phone Main 208. 248 Washington st. North Pacific S. S. Co's. Steamships Roanoke and Geo. W. Elder Sail for Eureka, San Francisco and Los Angeles direct every Thursday at 8 P. M. Ticket office 132 Third St, near Alder. Both phones, M. 1314. H. Young, Agent. STR. CHAS. R. SPENCER Washington-street Dock. Sally, except Sunday, for The DaUes and way landings, at T A. M, rsturniaj i j. M. rast time, best aervloa. I1 haves t llala. UU llamst A U, M. Columbia River Scenery UaUjr tervic bctwaan Portland and Th Dallca, xcpt Sunday, laavlng fort. and 7 A. M.. arriving about ft p .M . caxrylmff frt(ht and pasuengara. Splendid aocoiujav dationa for outfits and 11 v stock. Dock toot of Alder U. Portland; toot oi Court at Ta Xfailaa, Pljoaa tfmim 14 Portland. ANCHOR LINE STEAMSHIPS. NETW YORK. LONDONDERRY, GLASGOW. NEW YORK. GIBRALTAR AND NAPLES. Superior Accommodation, Excellent Cuislna. The Comfort Of Paasengera Carefully Consid ered. Single or Round Trip Tickets teesued be tween New York and Scotch, English, Irteb and all principal Continental points at attrac tive rates. Send for Book of Tours. For tick etc or general Information apply 10 any local agent of the Anchor Line or to HENDERSON BROS., Gen'l Agent Chicago. WILLAMETTE RIVER ROUTE STEAMER POMONA for Salem, Monday, Wednesday and Friday, 6:45 A. M. SIEAMI'.K ORKCONA for Salem. Albany, Corvallls and way. leaves Tuesday and Saturday. 6:45 A.M. Returning, leavei . CorvaUis Wednesday and Sunday, 10: A. il. OREOON CITT TRAHS. CO.