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.