Morning Oregonian. (Portland, Or.) 1861-1937, July 20, 1907, Page 15, Image 15

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    15
THE UIOKmG OREGOXIAN, SATURDAY, JULY 20, 1907.
CHEESE CLIMBS UP
Sharp Advance Recorded in
Local Quotations.
AVAILABLE SUPPLY SMALL
liberal Orders Coming in From San
Francisco, Los Angeles and the
Sound Cities Good De
mand for Melons.
The announcement made recently by one
of the leading cheese handlers of the city
that the market had touched bottom proved
correct, for the advance that occurred soon
atter was followed by another yesterday.
The market Is very firm and from present
Indications will not be long In reaching- a
higher level.
The cause of the sudden rise In prices
yesterday was the entry Into the market of
Ean Francisco and Los' Angeles - buyers.
There has been a steady demand from
Seattle and other Sound points for some
time which has bold the market firm, and
now on top of this comes the California
orders, which have practically cleaned out
local stocks.
The Tillamook factories are closely sold
tip, and with the milk supply falling; off. It
Is difficult to see how prices can help ad
vancing. About the only cheese available
Is the quantity now In transit. The local
fcrtorage supply Is small.
Some Eastern cheese is appearing on the
Sound, but at prices that do not compete
with the Oregon product. "With Callforntane
buying here. It is not probable that any
f their make will be available for the local
trade. Some of the cheese authorities are
of the opinion that there will be an 18 to 20
csnt wholesale market In Portland next Win
ter. GREAT OPTTUT OF A SHALL VALXJET.
Fruitful Production of Coachella, 122 Feet
, r Below Sea Level.
There are few spots in the world more
productive than Coachella Valley, California,
from which Portland receives a great deal
of the early vegetables and fruit. The
valley is 13T miles from Los Angeles and
only 14 miles long and eight miles wide.
The Coachella Submarine (the valley Is 122
feet below sea levei says of the valley's
products:
Since January 1 there have been shipped
from the valley several hundred crates of
asparagus, 21 cars of cabbage, 40 cars of
onions, several thousand pounds of early
beans. 10O0 crates of Summer squash, seve
ral hundred crates of fancy blackberries,
three tons of turkeys, one and a half
tons of chickens, 3000 dozen eggs and 1000
cords of wood.
The following careful estimate has been
made on the products to be shipped during
the next six months:
About three more cars of onions, 60,000
poundB of cucumbers, 50 cars of 22-pound
boxes of tomatoes, five cars of fancy malaga
grapes. 300 cars of cantaloupes, 10 cars of
watermelons, four tons of turkeys, one and
a half tons of ducks, two tons of chickens,
several thousand crates of eggs, 1000 cords
of wood and at leant five cars of hogs.
THREE CARS OF WATRMELOM Ilff.
Change in the. Weather Is a Fortunate Thing
For the Receivers.
It was fortunate for the watermelon trade
that the weather turned off warm yesterday
Three cars of melons came In, and under the
circumstances the demand was very good
and a fair start was made toward cleaning
them up. The prices quoted was 2 cents.
' Cantaloupes were scarce and a large quan
tity could have been sold.
Receipts of peaches were plentiful, but
too large a part of the shipments was made
up of undersized stock, some of which had
to be sold as low as 40 cents a box. Fancy
peaches readily brought 11.25. Cherries
are still in adequate supply. Among the of
fering are Lamberts as big as plums, which
are held at 1012tt centa
A car of Walla Walla onions oame In dur
ing the day.
CHICKEN MARKET DOES NOT ft IT-ROTE,
(some Inquiry For Young Ducks and Tur
keys Egg Are Dull.
The chicken market was still weak yes
terday at tha previous day's decline. There
was some inquiry for large spring duck-,
tut very small ones were not wanted. Old
fat hen turkeys sell well and Spring turkeys
might move if any were on hand. Old geese
are dull and large young geese steady.
The egg market presents no change, and
until the quality of the general run Im
proves, the market will not be In a very
healthy condition. Another half cent ad
vance occurred In the Eastern market yes
terday. Butter Is In plentiful supply on Front
treat and tha undertone of the market is
weak. The city creamery trade is not over
active, but prices are quoted steady.
Bank Clearing.
Bank clearings of the leading cities of the
Northwest yesterday were:
Clearings. Balances.
Portland 1, 019.634 TS.43T
Seattle 1,203.878 142.724
Tacoma TfiB.408 82,169
Spokane 623,682 113,380
PORTLAND QUOTATIONS.
Qraln. Flour, Feed. Etc.
MILL.BTUFFS Bran, city .SIT. country
$18 per ton; middlings, 24.0032"i.BO; shorts,
city (19, country, $20 per ton; chop, S1S
16 per ton.
WHEAT Club, 4flf 85c; blueetem, 8887e;
Valley. 84o"; red. 82c.
uatb froaucers- pries: jfo. x whits,
f2r.&u&28; gray, nominal.
FLOUR Patent. 4.80: straight. 14.25:
itara, $4-23; Valley, 4.304.40; graham
our, 14a4.00; whole wheat Hour, 4.20$
,76.
BARLEY Producers' prices: Feed. S21.S0
fr22 per ton; brewing, nominal; rolled.
CEREAL FOODS Rolled oata, crm, 00
pound sacks. $7; lower gradoa. $5.GPg6 50;
oatmeal, steel-cut, 4.Vpound sacks. $$ per
barrel; 9-pound sacks, $4.23 per bale; oat
meal (ground), 45-pound sacks, $7.50 per
barrel; 9-pound sacks, $4 per bale; sjjllt
peas, per 100 pounds, $4.254.80; pearl bar
ley, $44.60 per 10!) pounds; pastry flour,
10-pound sacks, $2.30 per bale.
CORN Whole. $2S; cracked. $29 per ton.
HAY Valley timothy. No. 1. $17(9' 18 per
ton; Eastern Oregon timothy. $2123;
clover. $0; cheat. ISffllO; grain hay, $0010;
alfalfa, $1S14.
Butter, Eggs, Poultry, Eta. N
BUTTER City creameries: Extra crem
ery, 27Hc per pound: State creameries:
Fancy creamery, 2u27tac; store -butter,
196' 20c.
CHEESE Oregon full cream twins, 15H
18c; Young America, lQ17c per pound.
POULTRY Average old hens. 13 14c;
mixed chiskens, 13c; Spring chickens. 18
(l 17c; old roosters, 10c; dressed chickens,
leSrlTe: turkeys, live, 12 15c; turkeys,
dressed, choice, nominal; geese, live, per
pound. 8)lc; ducks, S14c; pigeons, $1
I. 60: squabs, $2 3 3.
EGGS Fresh ranch, candled, 24 0250 per
lozen.
Vegetables, Fruits. Eto.
DOMESTIC FRUITS Cherries. 8 12 He
per pound; apples, Sl.ft0i2.25 per box.
Spltzenbergs, $3.60 per box; cantaloupes.
$2.60T 3.50 per crate; peaches. 400
(8 $1.25 per crate: raspberries, $X.251.50;
blackberries. S12!4c per pound; loganber
ries. $1.25 per crate; prunes. $1.50 1.75 per
prate; watermelons, 2c per pound; plums,
II. 6091.65 per box; pears, $2.25; apricots.
fl..V$2 per box.
TROPICAL FRUITS Lemons, $51 per
0"x; oranges, sweets, $8,25'5P350: Valencia
P3.754.50; grape-fruit, $2.503.50; ba
Dunns. 5c per pound, rrat.d 5c.
ROOT VEGETABLES lurnips, $1.75 per
sack; carrots, $2 per sack: beets. $2 per
sack: carlic. Sc per pound.
FRESH VEGETABLES Artichokes, 809
60c per dozen; asparagus, 10c per pound;
beans, nominal, 35c; cabbage, !14 per
pound: celery, $1.25 per dozen; corn.
20&33C per aozenr cucumuer., uvcv
$1 per box; egg plant, loe pound; let-
t -m . . ja.iih laitniia irf h Aiiqm
$1.50 per box; onions, 15 20c per dozen;
parsley, 20c- per dozen; peas, 4 5c per
pound; peppers, bell, 12&15c per pound;
radishes, 20c per dozen; rhubarb, 3c per
pound; spinach, 6c per pound; squash, 50
$1 per boat; tomatoes, SIC 1.25 per crate;
hot house. $2.50.
ONIONS Walla Walla, $2.25 per pound.
DRIED FRUITS Apples, 88HC pound;
apricots, 16 l&c; peaches. 11 -3c ; pears,
im 14c; Italian prunes, 2 6c; Califor
nia figs, white, in sacks, 5 6Hc per pound;
black. 45c; bricks, 75c$2 25 per box;
Smyrna, 18H20o pound; dates, Persian.
6 7c pound.
POTATOES New, lViff2c per pound.
x
Groceries. Kuts, Eto.
RICE Imperial Japan, No. 1, Qc; Bouth
ern Japan, 6.10c;- head. 7 Vic.
COFFEE Mocha, 24 3 28c; Java, ordinary,
17"i?20c; Costa Rica, fancy, 16(Q20c; good, 16
iSISc; ordinary, l216o per pound. Columbia
roast, cases, 100s, $14.50; 50s, $14.75; Ar
buckle. $1650; Lion. $15.75.
SALMON Columbia River, 1-pound tails.
$1.73 per doz. : 2-pound tails, $2.40; 1-pound
flats, $1.10; Alaska, pink, 1-pound tails. 95a:
red. 1-pound tails, $1.25; sockeyes, 1-pound
tails, $1.70.
tsacK Dasis, inj pounds, cube.
$6.12Va; powdered, $6.024; rranulated,
$5.87; extra C. $5.87H; golden C. $5.27H;
fruit sUKar. S5.87V: berry. S5.87U: XXX.
$5.77. Advance sales over eack basis as
follows: Barrels. 10c; barrels, 25c; boxes,
50c per 100 pounds. Terms: On remittances
within 15 days deduct o per pound; if
later than 15 days and within 30 davs. de
duct V&c; beet sugar, $5.77Va per 100 pounds;
maple sugar, loflec per pound.
NUTS Walnuts, 16 5 20c per pound by
sack; . Brazil nuts, 19c; fllgerts, 16c; pecan
Jumbos. 23c; extra large, 21c: almonds, 189
20c; chastnuts, Ohio, 17Hc; Italian, 14H&
15c; peanuts, raw, 9o per pound;
roasted, 10c; ptnenuts. 10 12c; rlckory nuts.
10c; cocoanuts, 35(g) 00c per dozen.
SALT Granulated, $14 per ton; $2 per
bale; half ground, 100s, $10.60 per ton; 50s,
$11 per ton.
BEANS Small white, Sc; large white,
8c; pink, 3c; bayou. 3c; Lima, SVfcc; Mexi
cans, red. 4c
HONEY Fancy, $3.253.B0 per box,
Dressed Meat.
VEJAL Dressed, 75125 pounds, S36o;
125 Hj 150 pounds, 7c; 1500 200 pounds, 6c)
200 pounds and up. 6H6c.
BEEF Dressed bulls, 8Vj4c per pound;
cows, 6 g 6 Vic; country steers, 616 (&7c.
- MUTTON Dressed. fancy, 8 eg1 tfc per
pound; ordinary, 5!&7c; Spring lambs. 9&
9c per pound.
PORK Dressed, 100130 pounds, 81280;
lGOOO pounds, 7t?7Vc; 200 pounds and
up. OSHo.
Hops. Wool, Hides. Etc
HOPS e7c per pound, according to
quality.
WOOL Eastern Oregon average best, 16
22o per pound, according to shrinkage; Val
ley, 2o22c, according to flneneea
MOHAIR Choice, 20-g30o per pound.
CASCARA BARK Old, leea than car lota,
B5Hc: car lots, 6c new, 45c pound.
HIDES Dry, No. 1. 16 pounds and up, 18c
per pound; dry kip. No. 1, & to 15 pounds, 15
-16c per pound ; dry calf, No. 1, under 5
pounds, 20c; dry salted: Bulls and stags, one
third, less than dry flint; culls, moth-eaten,
badly cut, scored, murrain, bair-Biippd,
weather-beaten or grubby, 2o to 8c per pound
less; ealted steers, sound, 60 pound and over,
8o pound; steers, sound. 50 to 60 pounds, $jf9c
pound; steers, count, under 60 pounds, and
cows, 89c pound; stags and bulls, sound, 6i
i-6c pound; kip. sound, 15 to 30 pounds, fi'Sbo
pound; veal, sound, under 10 pounds, 11c;
calf, sound, under 10 pounds, ll12c pound;
green (uncalled), lc pound leas; culls, lc pound
less; sheepskins, shearings. No. 1 butchers'
stock, 25'g3oc each; short wool. No. 1 butch
ers' stock, 5060c each; medium wool. No. 1
butchers' stork, $1.251.50 each; murrain pelts,
from 10 to 20 per cent less, or 13 14c pound;
horse hides, salted, according to size, $22.50
eachr; hides, dry, according to size. $11.60
each ; colts' hides, 25 50c each ; goatskins,
common, I525c each; goatskins. Angora, with
wool on, 30c&$l.BO each.
FURS Bearakins, as to size. No. 1, $5fS
20 each; cubs. $ltlt3 each; badger, prime, 25
(yoOc each; cat, wild, with head perfect, 30
506c ; cat, house, Sft 20c ; fox. common gray,
large prime, 50700 each; red, $35 each;
cross, $5&15 each; silver and black, $100
300 each; fishers, $58 each; lynx, $4.50&6
each ; mink, strictly No. 1, acocrding to size.
$13 each; marten, dark northern, according
to elze and color, $K15 each; pale, pine,
according to size and color, $2.50t&4 each;
mu&krat, large, I24f 15o each; iskunk, 3O40c
each ; civet or polecat, 6& 15c each ; otter, for
large, prime skins, $6f?10 each; panther, with
bead and claws perfect, $2(&5 each; raccoon,
for prime, large, 5CK?75c each; wolf, mountain,
with head perfect, $3.505 each; prairie '(coy
ote), 60c$l each; wolverine, $G8 each.
Provisions and Canned Meats.
BACON Fancy breakfast, 22c pound; stand
ard breakfast, l&VjC; choice, 18Vc; English,
11 to 14 pounds, 16c; peach, 15c.
HAMS 10 to 11 pounds, 16tC pound; 14
to 16 pounds, 16c; 18 to 20 pounds, 16o;
picnics, 12c; cottage, 12c; shoulders, 12o;
bulled, 25c.
SAUSAGE) Bologna, long, 8c; links.
BARRELED GOODS Pork, barrels, $20;
half-barrels. ' $11; beef, barrels, $10; bait
barrels, $5.50.
DRY SALT CURED Regular short clears,
dry salt, 12c; smoked, 18c; clear backs, dry
salt, 12c; smoked, 13c; clear bellies, 14 to 17
pounds average, dry salt, none; smoked, ncmej
Oregon exports, dry salt, 13c; smoked, 14c.
LARD Kettle rendered: . Tierces, 12Uo;
tubs. 12c; 50e. 12c; 20s, 12; 10s, lSc;
5s, 18ic; Standard pure: Tierces, HHc,
tubs, llc; 50s, llc; 20s. llc; 10s, 12U,o;
5s, 12Hc. Compound: Tierce?. 94c; tubs,
9bo. 50s, fic; 10s, 10c; 5s. 10 He.
Metal Markets.
NEW YORK, July 19. There was a mod
erate Improvement- In the London tin mar
ket, with, spot closing at 183 16s and futures
at 161. Locally the market was firm, with
spot quoted at 4141.10o.
Copper was higher In the London mar
ket, with spot advancing 10a to 94 10s and
futures 1 15s to 88 15s. Locally the mar
ket was dull and nominal, with lake quoted
at 21 Q 22c; electrolytic at 20.603' 2 lo and
casting at 2020.25c.
Lead was unchanged at 5.10(3 5,25c In the
local market and at 20 tn London.
Spelter was 2s 6d lower at 23 17s 6d in
London. Locally the market was weak, but
unchanged at 6. 05 & 8. 10c.
Iron was unchanged in the English mar
ket, with standard foundry at 68s 6d and
Cleveland warrants at 56s 6d. Locally the
market was unchanged.
Dried Fruit at New York.
NEW TORK, July 19. The market for
evaporated apples Is firm. Fanoy is quoted
at 8c; choice, at 8c; prime, at 78o;
poor to fancy, at 47c.
Prunes are firm in tone, with quotations
ranging from 412c for California, fruit
and from S & 9o for Oregon up to 80
and 40s.
' Apricots are quiet, except for Immediate
needs, being restricted by the high prioes.
Choice are quoted at 21c; extra, choice, at
22c, and fancy, at 8223o.
Peaches are unchanged, with choloe quot
ed at 11 12c; extra choice, at 12.18o;
fancy, at 18 18 a. and extra fanoy, Ua9
14 c.
Raisins are In slaok demand on apot, ow
ing to tha hot weather. Loose muscatels
are quoted at 8H4JIO0; seeded raisins ace
74ffilfc, and London layers at 1.651.S3.
Bark Feeling In Lewis County.
CHEHALIS; Wash., July 19. (Special.)
The Chehalls Produce Company is receiv
ing large quantities of cascara bark this
year. In its warehouse in this city it has
over 150,000 pounds on hand now. and the
season is by no means over. A large num
ber of people in Eastern Lewis County are
busily engaged In peeling. Dealers are
paying 5 cents per pound for the bark.
New York Cotton Market.
NEW YORK, July 19. The cotton market
olosed quiet and steady at a net advance
of 12 points to a decline of 2 points. July,
11.82c; August, 11.46o; September, ll.elo;
October. 11.71o; November, 11.70o; Decem
ber. 11.78c; January, 1185c; February.
HSflc; March, 11.96c; April, 11.99c; May,
12.050.
Unsold Hons in Yamhill' County.
M-MINNVILLE. Or., July 19. (Special.)
W. C. Miller, a large hopgrower here, esti
mates the 1906 crop yet in the hands of the
growers- of this county at 1900 bales, ac
cording to carefully compiled data. This is
1000 bales below tha estimate recently made
by Klaber & Co.
Dairy Produce ia the East.
CHICAGO. July 19. On the Produce Ex
change today tha butter market was firm.
Creameries, 21fe25c; dairies, 18S22.
Eggs firm: at mark cases Included. 18 3
14 c: firsts, 14c; prime firsts. 16a. Cheese
steady; 18 13 0. ,
Wool at St. Louis.
ST. LOUIS, July 19. Wool steady: me
dium grades, combing and clothing. 24 28c;
light fine," 2728c; fine, 1719c; tub
washed, 25 86c
CAMPAIGN FOR RISE
Operations Persisted in Dej
spite Many Obstacles.
ADVANCES PARTLY HELD
Expected Favorable Development in
Hill Stocks Principal Strength
ening Influence Moderate"
Rise in the Harrlmans.
NEW TORK, July 19. The operations for
a rise In prices of stocks, which, have been
persisted In at Intervals during the week.
In spite of Interruptions, were continued
today. There were apparent difficulties In
overcoming; the Inertia of the general list,
and this drag on the advance offered a pas
sive resistance had a discouraging effect
on the efforts of the 'bulls at "-times.
The principal ammunition of the bulls con
sisted of vague intimations of some forth
coming favorable development regarding the
Hill railroad stocks. An Increase In the
rate of distribution of profits was the sub
stance of these rumors. In the movement.
Great Northern preferred stock took the
precedence of Northern Pacific, which was
the favorite in yesterday's dealings. The
"cutting of a melon" for Northern Pacific
following the disposition of its equity in
Burlington to Great Northern was still ru
mored, but was not such a speculative favor
ite as yesterday.
The rise In the Harrlmans was more mod
erate, although Union Pacific touched the
highest point In the movement. Publication
of the imposing results of the year's oper
ations of Union Pacific and Southern Pa
clflo had a favorable effect, the surplus
after dividends of the two systems mounting
to a total of upwards of $26,000,000. These
figures had been foreseen and supplied no
Incentive to further advances in stocks.
Substantial help for the rise In prices
was found in the better feeling for copper
metal, both here and abroad. Large sales
at the prices fixed by tire principal pro
ducers were reaohed. Foreign markets had
a report of an agreement of the Amalgamat
ed and the Rio Tlnto interests on the prices
to be demanded. The price of copper in
London advanced.
The continued ease of call loans and the
prospeats for a favorable bank statement
tomorrow were strengthening elements. The
aotlvlty fell to small proportions late and
advances were only partly retained.
Total sales of bonds, par value, $992,000.
United States bonds advanced hi per cent
on call.
CLOSING STOCK QUOTATIONS. ,
Closing
Bales. High. Low. Bid.
Adams' Expreae .- 15i
Amal. Copper ... 62,700 91 81 91
Am. Car & Foun. 800 43 43 3
do pref erred 100
Am. Cotton Oil... 1.000 82 82 32
do preferred ........ Stt
American Kxpre&s. ..... ..... 210
Am. Hd. & Lt. pf. IS
American Ice .... ..... ...... 614
Am. Linseed Oil ..... 10
do preferred .... 25
Am. Locomotive 68
do preferred . . 104
Am. Smelt. & Ref. 10,100 119 1117 118
do preferred ..v. 6iO 106 106 105
Am. Sugar Ref 400 123 122 122
Am. Tobacco ctfa. 4U0 87 -85 85
Anaconda Mln. Co. 8.200 B9 58
Atchleon 5,900 62 92 82
do preferred .... ' 600 93 0.3 93 Vt
Atl. Coast Line... - 97
Bait. & Ohio 900 98 97
do Dreferred
85
56
177
175
- 84
11
151
134
6
15
6S
81V.
24
69
45
117
17
171
465
28
71
66
. 24
69
41
187
144
14
77
23
70
17
88
. 27
67
117
21
41
107
135
75
35
6B
61
60
113
36
76
70
68
81
123
81
6S
85
90
161
105
80
79
28
24
Z
9ft
86
21
61
82Z
Brook. Rap. Tran. 8.500 67 65
8.500 67
8.600 178
"l",700 '35
800 11
2.800 161
7,400 135
Canadian Pacific.
Central of N. J...
Ches. & Ohio
Chi. Gt. Western..
Chicago c N. W..
C, M. & St. P
Cbl. Ter. Tran.
do preferred .
C, C, C. & St. L.
84
11
149
184
Colo. Fuel & Iron 600 82 32
Colo. & Southern
do 1st preferred
do 2d preferred.. 200 46 43
Consolidated Gaa .....
Corn Products .... 300 17 17
do preferred
Del. & Hudson 900 "172 172
Del., Lack. & Wee.
D. R. Grande.. 800 28 28
do preferred .....
Distillers'- Securi.. 900 66 66
Erie 4.600 25 25
do 1st preferred. 700 59 68
do 2d preferred.. 600 42 41
General Electric... ..... .....
Illinois Central
Int. Paper 900 16 15
do preferred
Int. Pump .....
do preferred ... . .
Iowa Central
do preferred ....
K. C. Southern...
1,400
27
67
do preferred . .
200
Louis. & Nah.,..
Mexican Central ..
Minn. & St. L. . . .
M-.St.P. & S.S. M.
do preferred ....
Missouri Pacific...
1,400 117
n
2.000 7o 74
11,200 86 85
400 66 , 66
"'8o6 '61 '6i
,800 113 118
"9o6 "77'-" '75
ei'.ioo 'si "29"
17,100 124 123
n.soo iori- ios
""406 "is" "2a"
fc"o6 '22 "22"
800 47 47
"""too -2i" "20'
! 8T.406 "82 "si
' """206 , '20"" "26""
Mo., Kan. & Texas
do preferred H..
National Lead ....
Max. Nat. Ry, pf.
N. T. Central ...
N.T.. Ont. & W
Norfolk West....
do preferred ....
North American...
Pacific Mall
Pennsylvania
People's Gas
P.. C. -C. &. St.L.
Pressed Steel Car.
do Dreferred . .
Pullman Pal. Car.
Readdng
00 1st nrelerrea.
do 2d preferred. M . .
Republic bteel
do preferred .
Rock Ielaad Co.
do preferred .
Rubber Goods pf . .
St.L. s a. F. it pr.
St. L. Southwest..
do preferred . . H . .
Bouthern Pacific.... 81
do preferred .... -. .
111
Bouthern Kaiiway
66
143
do preferred ....
Tenn. Coal & Iroa
Texas & Pacific- . 300
Tol.. Bt.L. St Wes. 800
do preferred . . 700
Union Paclfla 141,800
do preferred ....
U. 8. Express
C S. Leather pf. .
U. S. Realty .-.
U. S. Rubber 900
do preferred
II. S. Steel 29,600
80
49
144
84
105
61
80 88
S6
98
87 86
86
J& preferred
800 100 100 101
Va.-Caro. Chem. TOO 28 28 16
do Dreferred ...-.... ........... 101
Wabash .. ..... 13
do preferred . . . ...... ..... ...H 25
WellFargo Ex.... ..... 2M
Westlnghouse Eleo. .. 1 145
Western Union .... 78
Wheel. A L. Erie. ..... 10
Wisconsin central it
do Dreferred 40
Northern Pacific... 41.900 137 136 136
Central ieatner z
do preferred l
aicea-Shefrield
800 68
67 57
Gt. Northern pf.
23.600 138 138 137
Int. Metal 1.200 18 15 15
do preferred 2,000 45 43 43
Total sales for the day, 647,600 shares.
BONDS.
NEW TORK. July 19. Closing quotations:
U.S. ref. 2a reg.l03lD. R. O. 4s... 93
do coupon 10olN. T. C G. 3s. 90'.
V. 6. -8s reg.l024lNorth. Pac. 8s... 70
do coupon. ... 103 j North. Pac. 4s. ..100
U. S. new 4s reg. 127 I South. Pac. 4s... 87
do coupon. .. .128 Union Pac. 4s... 99
Atchison aaj. s 00 in i.euui 01
Stocks at London.
LONDON, July 19. Consols for money,
84 1-16; do for account, 84 1-16.
Anaconda 11WIN. T. Central. . .118
Atchison 95 I Norfolk & West. T7
do preferred.. 96 I do preferred... 86
Bait. & Ohio 100!Ontarlo & West. 37
Canadian Pao. ..182 1 Pennsylvania .. 6a
Ches. at Ohio... 85-SilKana Mines
6
Chi. Gt. West... 11. Reading
63
Chi.. M. & S. P.138
Southern By...
20
Do Beers 22
Denver A R. G. . 29
do preferred.. 74
Erie . 26
do 1st pred. . . 61
do preferred..
68
Southern Pac 83
Union Pacific. ..148
ao preierrea. .. 89
U. S. Steel 37
80 90
27H 27
46 48
146 144
do 2d pref...
43 1 do preferred. . . 102 ii
Grand Trunk... 29Wabash 14
LIHno'.s Central.140 I do preferred. ..' 26
Louis. & Nash . .120 Spanish Fours.. 93
Mo.. Kan. & T. . 86!
Money Exchange, Etc
NEW YORK. July 19. Money on call,
easy, 25T3 per cent; ruling rate, 2;
closing bid, 2; offered at 2. Time loans,
quiet; 60 days. 44 per cent;. 90 days.
4; six months, 5!6 per cent. Prime
mercantile paper, 56 per cent. Sterling
exchange firm, with actual business In
bankers' bills at $4.86.904.95 for demand,
and at $4.83.854.70 for 60-day blils.
Posted rates, $4-8441S7; commercial
bills, $4.83.
Bar silver, 88c; Mexican dollars, 53c.
Government bonds firm; railroad bonds,
steady.
X
I.ONPOV, juiy 19. Bar silver, steady.
31 7-16d per ounce. Money, 2 per cent. Tn
rate of discount in the open market for short
bills is 33 per cent. The rate of dis
count In the open market, for three months'
bills is S3 per cent.
SAN FRANCISCO, July 19. Silver bars,
68 c; Mexican dollars, 52 c. Drafts, sight,
10c; drafts, telegraph, 13c. Sterling on
London, 60 days, $4.84. Sterling on Lon
don, sight, $4.87.
Doily Treasury Statement.
WASHINGTON, July 19. Today's state
ment of the Treasury balances In the general
fund shows:.
Available cash balance $264,640,388
Gold coin and bullion 66.822.386
Gold certificates 97,188,51)0
Eastern Mining Stocks.
BOSTON, July 19. Closing quotatlops:
Adventure ..$ 2.50 IParrot $ 19.00
Allouez
45.00 Quincy
118.00
Amalgamatd
Atlantic ....
Bingham . . .
Cal. A Hecla
Centennial .
Cop. Range..
Daly West..
Franklin ...
Isle Royale..
Mass. Mining
Michigan . . .
Mohawk . . t.
Mont. CT A C.
O. Dominion
Osceola ....
91.62) Shannon
12.50 iTamarack ..'
15.00 iTrinity
815.00 lUnlted Cop...
29.50 !U. S. Mining.
80.50 U. S. Oil
15.30 Utah
14.25 Victoria ....
20.25 Winona .....
5.75 Wolverine ..
14.50 North Butte.
82:00 Butte Coalit.
2.75 iNevada ....
43 00 I Cal. & Ariz...
120.00 lArlz. Coml...
17.25
107.30
23.0O
64 00
48.25
10.7
47.00
700
7.50
163.00
82.12
23 SO
.14.37
165.50
25.73
New York Mining Stocks.
NEW TORK, July 19. Closing quotations;
Adams Con 9
Alice 3WO
Breece 21
Brunswick Con. 50
Little Chief 8
I Ontario ., 4
;Ophlr ISO
IPotosI 16
1 Savage 69
Comstock Tun. 25
Con. Cal. Va. 66
Sierra Nevada.. 36
Smell Hopes SO
Standard 175
Horn Silver 1.10
Iron Silver. . . . ,225
Lead ville Con... 8
QUOTATIONS AT SAN FRANCISCO.
Prioes Paid for Products In the Bay City
Markets.
BAN FRANCISCO, July 19. The following
prices were quoted, in the produce market
today:
FRUIT Apples, choice. $1.50; common.
$1; bananas. $2.603.50; Mexican limes, $4;
California lemonB. choice. S4.O0H5: common.
$1.60(2.25; oranges, navel, $1.253.50; pine
apples, 52.508'0
VBGBTABLE13 Cucumbers. 6000c: garlic
84c; green peae. 2&3c; string bean. 2v3c;
asparagus, 4tgiic; tomatoes, $i.5U(g.i. 10.
fatore. livzc: lancy rancn. ?4fec:
Eastern, 182oc.
POTATOES Sweets. I4W4.60: Earlv Rose.
$2.402.50; Oregon Burbanks, $2.75; new
potatoes, 93.
OMOKB Australian, $44.60; Bermuda, $2
2.25: young, $36310.
BUTTER Fancy creamery. 2i!o: cream
ery seconds. 25c; fancy dairy, 25c; dairy sec-
onas, nominal; picKiea. juac.
WOOL fepring. Humboldt and Mendocino.
23f25c: Eastern Oregon, 204f24c; Nevada, 153
ISVjC; South Plains and San Joaquin, 1316c.
uors caiirornia, ogic; contracts, lojfuo.
CHEESE New. 13c: old. 14c: Younl
America. 16o; Eastern. 12c; Western. 15o.
HAY Wheat. $17.50319: wheat and oats.
9816; alfalfa, $8.50(J13.60; stock, $7.60180;
straw. 4f'(isoe.
M ILLST UFFS Bran. $1920: middlings. $27
C30.
porLTRT Roosters, old. S4.5-Tff.V: vounr.
$6.5Cff7.50; broilers, small. $2..vif(i3; large, $3
14: Iryers. S4.tH'fn 5.00: hens. toruo: ducks, old.
$4iS5; young. $5 8. ,
FLOUR California family extras, $5.20
570; bakers' extra. $3.2003.45; Oregon and
Washington. $4.90)35.20.
RECEIPTS Flour, 5174 quarter sacks:
wheat. 275 centals: barley. 7050 centals:
oatn. 560 centals; corn, 95 cental; potatoes.
i3o sacks; bran. 2o racks; middlings, 198
sacks; hay, 1205 tons; wool, 161 bales;
hides, S15.
BOSTON PHONE CO.
Enter Field With $5,400,000 System
Against Trust, Backed by
Harrlman.
Special by leased wire, the longest In the world.
Boston, j una 9. Hi H. Harrlman has
entered the local telephone field by offer
ing; to back an Independent company
against the trust. He has guaranteed $5,-
000,000 to Insure the Installation of an
independent system In this city. In a
very few weeks it is probable the new
company will decide upon its system and
the work of Installing an exchange of
about 1000 subscribers will be begun.
Ban rrancisco Examiner. '
" Weddings and Strikes
"That set
c me for the automatic,'
It might
to know that the total maintenance expense of parts for our entire plant of 8000 switches for the past eighteen months has
been $10.24." writes Superintendent J. A. Duncan, of the Sioux City Telephone Company, Bloux City, Iowa.' (This company
operates the AUTOMATIC TELEPHONE! SYSTEM.)
"A like sum
would perhaps take care of the repair cost on operators' chairs in a manual exchange of the same size," adds Mr. Duncan.
It occurs to us '
that the one Hem of switchboard cords alone for a manual exchange of 3001 lines would amount to at least fl50 In eighteen -months.
That Is fifteen times the cost of all repair parts on tn8 Sioux City automatic exchange.
That is only
Aberdeen. 8. D.
Akron, Ohio.
Alientown, Pa.
Auburn, Me.
Auburn, N. Y.
Battle Creek, Mich.
Beaver Falls, Pa
Belllngham, Wash,
Butte. Mont.
Cadillac, Mich.
Champaign, 111.
LAFAYETTE
BEARS HAVE THE SAY
Force Wheat Prices Down
.Over a Cent at Chicago.
MARKET WEAK ALL DAY
Selling Due to Favorable Weather
for the New Crop in the United
States and Canada--Close
Is at Lowest.
CHICAGO, July 19. Wheat prices on the
local exchange declined today more than
1 cent because of selling, due chiefly to
favorable weather for the new crop. At
the Sose the September delivery was off
HiCllie. Corn was down 1VC Oats
showed a loss of ko. Provisions were
7V4c higher. v
The bears were in complete control of
the wheat market and a heavy tone pre
vailed today. Trading, however, was not in
large volume, chiefly because of the slack
dmand. The chief weakening Influence was
the weather in the United States and Can
ada. The market closed weak, with prices
almost at the lowest point. September
opened 3HiC to lower at 93
3c, declined to 92(tf92!4c and closed
at 82 c. '
The corn market closed weak. Septem
ber opened WiBiaO to ic lower at 51
52 c sold off to 52?io and closed at
52e52c. September oats opened un
changed to a shade higher at 88&38?nc,
sold off to 8Vtc and closed at S8if38?c.
Provisions were Quiet but firm. At the
close September pork was up 7Vc Lard
and ribs were also up 7Ha
Leading futures ranged as follows:
WHEAT.
Open. High. Low. Close.
July $ -UOT4 $.! $ -WJ -'H
September ... .1xt Mm -2,s . .92 vs
December DiVs 7i,
May 1.02 1.1)2 1.01 101
CRN.
July B2S . .62 .62 .62
September ... .6.1H .OS1 62'1 .52',
December .S -6b -J?1.
May .. 61Ts . -52 .51 M'n
OATS.
July 43i .43 .43 4S
September ... .38 .33. .38 .8S
December 3 39 .30 .38
May 4Ha -41' .4054 .41
MESS PORK. '
September .... 16.50 .
LARD
September 8.05 9.05 8 f5 9.0214
October 9.00 9.07 V4 9.00 9.07 V
SHORT RIBS.
September ... 8.57"4 8.65 8.57 8.65
October 8.00 8.02 8.60 8.62
Cash quotations were as follows:
Flour Easy.
Wheat No. 2 Spring, 99c$l; No. SMJ
95c; No. 2 red, 90891c.
Corn No. 2. 62g53c; No. 2 yellow, 63c.
Oats No. 8 white, 439i46c. -Rye
No. 2. 85c.
Barley Good feeding, 6055c; fair to choice
malting, 6Ing'63e.
Flax eeed No. 1 Northwestern, $1.22.
Timothy seed Prime. $4.65.
Clover Contract grades, $15.60.
Short ribs Sides (loose). $S.87H1?8.62H.
Mees pork Per barrel, $16.3016.40.
Lard Per 100 pounds, $8.82.
Bides Short clear (boxed), $8.75iff9.
' Whisky Basis of high wines, $1.31.
Receipts. Shipments.
Flour, barrels 18.200 6.2X
Wheat, bushels 25.000 87,000
Corn, bushels 275.800 421 ooo
Oats, bushes 138.000 228,300
Rye. bushels l.ooo
Barley, bushels 18,800 .......
Grain at San Francisco.
SAN FRANCISCO, July' 19. Wheat and
barley quiet.
Spot quotations: Wheat Shipping, $I.45S
1.60; milling, $1.551.65. Barley Feed,
$1.23 1.2SV4 : brewing, $1.251.27. Oats
Red. $1.37 lfi 1.05; white, $1.40191.55:
black. $1.601.75. i
Qall Board Sales: Wheat, $1.60; barley,
$1.81; corn, large yellow, $1.47 1.52.
Minneapolis Wheat Market, n.
MINNEAPOLIS, July 19. Wheat Sep
tember, 9797o; December, 9898c;
No. 1 hard, $1.00; No. 1 Northern, 99 e;
No. 2 Northern, 96 c; No. 8 Northern.
92 96c.
Grain and Produce at New York.
NEW YORK. July 19. Flour Receipts,
14,200 barrels: exports, 12.400 barrels. More
active on shipping but quiet otherwise.
Wheat Receipts, 87,000 bushels; exports.
are the bane of a telephone manager's life," said on
operators, anyway, and Just when they begin to be
learned that two of my best operators were going to
up a labor union. -
me thinking
about how much we are at the mercy of these girls. And then' they're harder to get from year tr year. I figured It all
but what we spend for the operator hire, for training them and for the extras for their comfort, and how little we get"7or
all this, and I decided that If automatic equipment would wipe out these two Items and the worry that accompanies them.
It was
t t
Bow many managers are fn the same flxT Don't an
witches never get married, or go on a strike; they are
time," as an enthuslastio automatlo exchange manager
on 8000 switches In a year and a half. In one lnstanoej
operators a manager can get.
interest you
one
of the many economies of the AUTOMATIC SYSTEM. These economies all help to swell the proflts. And the AUTOMATIC
being the best service, commands the highest rates. Low production cost plus high selling price equals big dividends. That
is what led to- the adoption of. the AUTOMATIC TELEPHONE "SYSTEM in the following cities:
Chicago. III.
Cleburne, Texas.
Columbus, 6a.
Columbus, Ohio.
Dayton, Ohio.
Denver, Colo.
251 Paso. Texas.
Kmaus, Pa.
Fall River, Mass.
Grand Rapids, .Mien.
Hastings, Neb.
Havana, Cuba.
Hasleton, Pa.
Holland, Mloh.
Hopklnsvllla, Ky.
Jonesboro, Ark.
Lake Benton, Minn.
Lewlston, Ma.
Lincoln, Neb.
Los Angeles, Cal.
Manchester, Iowa.
Marianao, Cuba.
Marlon, Ind.
LOUIS
BLOCK
THE
United States I
OF PORTLAND
J. C. Ainsworth, President. R. "W. Schmeer, Cashier.
R. Lea Barnes, Vice-President. A. M. Wright, Asst. Cashier.
W. A. Holt, Assistant Cashier.
FOREIGN DRAFTS
The United States National Bank of Portland issues
Foreign Drafts on all cities of the United States
and Europe, Hongkong and Manila, payable in
the currency of the country on which they aye drawn.
Capital
Surplus and Profits
Total Resources Over
Portland, Oregon
OUT-NUMBER THREE
Home Phone Directory
Containing SOOO Subscribers
To Be Delivered In a. Few Days
The Home Telephone Plant is now on a substantial
paying basis. No better time than now to buy Home
Telephone Securities.
Portland Home Stock Around $45
Portland Home Bonds Around $85
AF;1 f T The man who buys on any reaction will pocket
large returns. Many large blocks of these
Home Bonds have been purchased In the last 30 days by Insiders.
The prudent and successful Investor Invariably buys when condi
tions are such to cause a weak market and timid Investors sell out.
LOUIS J.WILDE
S LaFayette Building Portland, Oregon
1B.99T bushels. Spot, easy; No. 2 red, 07o
elevator; No. 2 red. 984c f. o. b. afloat;, No.
1 Northern Duluth. J1.10V4 f. o. br. afloat;
No. 2 hard Winter, $1.00 Vt f. o. b. afloat.
Wheat lost a cent today. July closed 9814 c;
September closed 9c; December, 1.02;
May. 1.0Stt.
Hops and wool Steady.
Hides Dull.
Petroleum Firm.
Wheat at TJvprpool.
LIVERPOOL, July 19. Wheat Futures,
easy. July, Ts 2Hd; Eeptember, 7s 3d;
December, 7s 5Sd.
Wheat at Taeoma.
TACOMA. July 19. Wheat Uncharged.
Bluestem, 86c; club, 84c; red. 82c,
POKTTXI) LIVESTOCK MARKET.
Prices Current Locally on Cattle. Sheep aad
Hogs.
In the livestock market cattle ruled steady
at the former quotations, and sheep and
hogs were firm. The receipts of the day
were 106 cattle.
The following prices were quoted in the
local market yesterday:
CATTLE Best steers. $S.85JM; medium.
$3.253.BO; cows, S3: fair to medium cows,
2.502.75: bulls, $2i92.30; calves. $45.
BHEKP Good sheared, $44.25; lambs.
$5.2B5.50.
HOGS Best. f6.856.75; lights, fats and
feeders, $0.25 6.50.
Eastern Livestock Prices. -
CHICAGO, July 19. Cattle receipts 250O.
Bteady. Beeves, $4. 00 7.20; good to prime
steers. $5.7097.25; poor to medium, $4.60
65 85; stockers and feeders, Q2 805: cows,
1.505.2ti; heifers, $2.50 5.50; calves,
$5.0T.25.
Hogs Receipts todsy 17.000; steady-to
shade higher.. Mixed and butchers, $3.63
OS; heavy, $3.2."B90; good to choice
of the) afflicted the other day In our office. "It's hard enough o get
worth th elr salt they start something doing;. One day this Spring; I
Bet married soon and that a bunch of the worst ones were framing
speak at once, but think It over, and
never tired, or peevish, or unruly; but
said recently. Their maintenance is
and, taking it all around, they are the
Medford. Wis.
Mlaznlsburg, Ohio.
Mt. Olive, 111.
New Bedford, Mass.
Oakland, Cal.
Ocean Park, Cal.
Omaha. Neb.
Pentwater, Mich.
Portland, Me.
Portland, Or.
Princeton, N. J.
Richmond, Ind.
Riverside, Cal.
Rochester, Pa.
Ruehvllle. Ind.
San Diego, Cal.
Ban Francisco, CaL
Santa Monica, Cal.
Saskatoon, Sask., Can.
Sioux City, Iowa.
South Bend, Ind.
Spokane, Wash.
Bprlngfleld, Mo.
J. WILDE
PORTLAND, OREGON
ational Bank
$ 500,000
375,000
9,000,000
Third and Oak Streets
heavy. $.SO5.90; rough. $5.25ffl6.55; light,
f.YSUSf 0 10; pigs, $5.40ifi ! 6.05.
Sheep Receipts, 13.000. Sheep. 3.759
8.90; lamts. $3.7313 7.40 Western sheep.$4.00
5.!)0; yearlings, $6.00 S 6.60; Western
lambs. $5. 73 7.00.
SOUTH OMAHA. July 19. Cattle Re
ceipts. 1200. Market steady. Native steers,
$5.007.10: cows, and heifers, $3.005.40;
Western steers, $3.505.75: stockers and
feeders, $3.00-8' 5. 10; calves, $3,003' 8 50:
bulls, stags, etc., $2.7535.50.
Hogs Receipts, 1100. Market Be higher.
Heavy, $3.60015.75; mixed. $3.635.70;
light. $5.753.90; pigs, $5.253.75.
Sheep Receipts. 6000. Market lOo lower.
Yearlings, $5. 5096.10; wethers. $5.0085.65;
ewes, $4.503S.35; lambs, I8.30S7.75.
KANSAS CITT. July 19. Cattle Receipts
5000; market, steady. Native steers, $5
8.10; native cows and heifers, 12.503 5. 65;
stockers and feeders, $3 25 5.10; Western
fed cows, $2.504.50; Western fed steers,
$4.303.B0; bulls, $34.75; calves, $3,509
6. B0.
Hogs Receipts. 10,000: market, steady.
Heavy. $5.U0S5.75; packers, $3.7OS.0O;
pigs and lights. $5.803.02H.
Sheep Receipts, 3000; market, steady.
Muttons, $5.256; lambs. $77.60; rang
wethers, $1.7583.25; fed ewes. $4.30425.23.
Coffee and Sugar.
NEW TORK, July 19. The market for
coffee futures closed steady, net unchanged
to 10 points higher. Sales were reported
of 9750 bags. Including. December, at 8.70c;
March, 5.85o; April, 5.85c; May, 6.90o; June,
6.855.90c. Spot coffee, quiet; No. T Rio,
ic; Santos No. 4, 7Hc; mild coffee, quiet:
Cordova, 91214c.
Sugar Raw, steady: fair refining, 3 33 He:
centrifugal. 90 test, 3.83c; molasses sugar.
80Riic; refined, steady; crushed, 6.7uc;
powdered, 8.10c; granulated, 3c,
PHOTO POST CARDS SCENERY.
KUer Co. Lobby Imperial Hotel.
remember that the automatlo
they "are all there all the
small $10.24 for repair parts
most efficient and economical
St. Marys. Ohio.
Tacoma, Wash.
Toronto Junction, Can.
Traverse City, Mich.
Vrbana. Illinois.
Van Wert. Ohio.
Walla Walla, Wash,
Wausau, Wis.
"Westerly, R. I.
Wilmington. Del.
Woodstock, X. B., Can.