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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 25, 1907)
1 THE MORNING OREGONIAN, THTTKSDAY, JULY 25, 1907. 15 PEACHES G0MIN6 IN First Heavy Shipments From South on Way GOOD REPORT ABOUT CROP Heavy Trad "With Front-Street Dealers in All Varieties of Fruit With Supplies Fully Equal to Unusual Demand. Alden Anderson reports from Sacramento that climatic conditions In that section of California could not be better for maturing and shipment of fruit, ' being Ideal In all respects. He says that the acreage of sugar prunes has increased and that the quality of both prunes and plums continues fine. The report states that a considerable Increase is noted over the previous week in Crawford peaches, and they are coming in somewhat heavier than expected. Bart ett pears are in the midst of the season, but will fall off rapidly from now on. Last week 133 cars were shipped. With reference to grapes, the report says the climatic conditions are everything to be desired, and that no damage to the crop has been reported. The state will have large quantities of all varieties to ship out. Including Thompson- seedless, Malagas, Tokays and all varieties of black grapes. The first shipment of grapes to this mar ket was received by the Pearson-Fase Com pany yesterday, the lot being of the Fon talnbleau variety. Price was quoted at $2 a box. The same firm is expecting the first cars of Kleckley watermelons from Man teca, California, in the vicinity of Iodl. John A. Bell said that from the beat infor mation he has recei-ed he predicts a -very good crop of peaches this season that there will be at least an average crop. So far none have arrived except some Early Alex anders and Hale's Earlies. Loganberries are about over, but a good many cultivated blackberries are coming In s and are selling for $1.75 a crate. Wild blackberries are quoted at SQ'fto a pound. Apricots from Wenatchee, in the Sound country, are coming in four-box crates and re of a very good quality. Price quoted yesterday, $ 1.40 1.50 per box. There Is a fairly good supply of Oregon tomatoes, selling at $11.25 a crate. The crop is said to be a little above the average. A car of Exeter watermelons is due for de livery this morning. The street has been well supplied since the season opened and price to the retail trade is named at W 2c per pound. Apart from some early cooking apples that are selling at $1.25 ffr 1.50 a box, there are no other varieties on sale. The steamer Columbia had as part cargo a lot of Cali fornia table apples that were lost In the recent collision. They were Gravenstein and Red Astrachans, and would probably have been quoted at $2 "g1 2.2ft a box. The next steamer will bring In lots of the same varieties. A car of Crawford peaches is duo Friday morning from California, and from -that time on full supplies are to be ex e 22 per ton; brewing, nominal; rolled, $23. 50 (a 24.50. CEREAL FOODS Rolled oats, cream. 00 pound sacks, $7; lower, grades, $5.5036.60; oatmeal, Bteel-rut, 45-pound sacks, $8 per barrel; 9-pound sacks, $4.25 per bale; oat meal (ground), 45-pound sacks, $7.50 per barrel;. 0-pound sacks, $4 per bale; split peas, per 100 pounds. $4.254.80; pearl bar ley. $44.50 per 100 pounds; pastry flour, 10-Tound ucks, $2.30 per bale. CORN Whole, $28; cracked, $20 per ton. HAY Valley imothy. No. 1, $1718 per ton; Eastern Oregon timothy, $2123r clover. $; cheat. $9 10; grain hay, $9 10; alfalfa, $13614. Vegetables, Fruits, Kte. DOMESTIC FRUITS Cherries, 812c per pound; apples, $1.50 2.25 per box, Spitzerbergs, $3.50 per box; cantaloupes, $2.50&3.5O per crate; peaches. 60$125 per crate; raspberries, $1.2o 1.50; blackberries, 8f12V4o per pound; lofinberries, $1 per crate; prunes, $1.50(g'1.75 per crate; water melons, lH2c per pound; plums, $1.509 1.65 per box; pears, $2.25; apricots, $1.50(&2 per box. TROPICAL FRUITS Lemons, $57 per box; oranges, sweets. $3.23 3.50; Valencias, $3.75-54.50; grape-fruit, $2.503.5O; v ba .nanas. 5c per pound, crated 5c ROOT VEGETABLES Turnips. $1.75 per sack ; carrots, $2 per sack ; beets, $2 per sack; garlic, 8c per pound. FRESH VEGETABLES Artichokes, 60 60c per dozen; asparagus, 10c per pound; beans, nominal. 3 5c ; cabbage, 2c fr pound; celery, $1.25 per dozen; corn, 2535c per dozen: cucumbers, 50c $1 per box; egg plant, 10c pound ; lettuce, head, 25c per dozen; lettuce, hothouae, $1.50 per box; onions, 15i20c per dozen; parsley, 20c per dozen; peas, 40c per pound; peppers, bell, 1 2 ' 15c per pound ; radishes. 20c per (fbzen; rhubarb, 3c per -pound; spinach, 6c per pound; squash, 60c(g$l per box; tomatoes, $11.25 per crate, hothouse $2.50. ONIONS Walla Walla. $2.25 per cwt. DRIED FRUITS Apples, 8'?84c pound; apricots, 16lc; peaches, ll13c; pears, llHtftUc; Italian prunes, 2(g6c; Califor nia figs, white, in sacks. 56Hd per pound; black. 4Hff5c; bricks, 75c$2.25 per box; Smyrna, 18H 20c pound; dates, Persian, 6J,i 7c pound. . POTATOES New, l'2c per pound. SUGAR IN FIRM POSITION. Advances In Eastern Raw May Soon Affect Coast Prices. In the past 10 days the Eastern sugar market has advanced steadily, and the po sition in San Francisco is also very firm. At this season of the year, owing to in creased demand by consumers, stocks are depleted rapidly and the trade looks for some revision of price lists. The market is reported as very firm at present, and as raw gained l-16c according to today's tele graphic advices, an early change in re fined may be looked for. In one of the brokerage houses yesterday the sugar market was referred to es "nom inal." and the agent remarked that the use of that word reminded him of an expres sion by John Plankington, the Milwaukee millionaire, made to P. D. Armour on one occasion. Plankington asked Mr. Armour about the wheat market and was told It was nominal. "Nominal, nominal," replied Mr. Plankington: "well, It strikes me that is a d mean kind of a quotation to trade on." Salt n In a very firm position, according to brokers. It is about the opening of a new season, and an advance in coast product is loked for. Last Spring a large quantity of stock was washed away In the floods In California and so far the loss has not been replaced. QUOTATIONS AT SAN FRANCISCO. Prices Paid for Produce n the Bay City Markets. SAN FRANCISCO. July 24. The follow ing prices were quoted in the produce matv ket today: VEGETABLES Cucumbers, 4O30c: garlic. 20-40c; string beans, l7c; toma toes, 25 O1 75c; egg plant, $1.75. POULTRY Roosters, old. $44 50T do young, $0.500; broilers, small, $34; do large, $2.504; freyers, $45; hens, $4.50 7. 50 ; ducks, old, $3. 50 g 4- BO ; do young, $4t). BUTTER Fancy creamery. 26c; cream ery seconds, 24 c ; fancy dairy, 25c ; dairy seconds. 23c; pickled, 2223c. EGGS Store, 194 2;ic; fancy ranch, 26c. CHEESE New, 1719c; Young Amer ica. LVfjUBc; Eastern, 18 c. . WOOL Spring Humboldt and Mendo cino. 2.'i(3i24c; Nevada. 1518V4c HOPS Crop of 1900, 5HTe; new. WHEAT Steady; shipping, $1.45 1.50; milling, $1.57 1.67. BARLEY Strong: feed. . $1.25(ffl.50; brewing. $1.27 1.30. OATS Red, $ 145 & 1.75; white, $1.00 1.70; black, $1.8532.25. RECEIPS Flour. 5204 quarter-sacks; wheat, 1445 centals; barley, 3030 centals; oats. 600 centals; potatoes, 330 sacks; bran. IKo sacks; middlings. 100 sacks; hay, 1100 tons; wool, 10 bales; hides. 222. MILLSTUFFS Bran, $19&22; middlings, $2730. HAY Wheat. $15ffT 20; wheat and oats. $916; alfalfa, $S.5013 50; stock, $7.50 &. STRAW iSfiSZc per bale. FRUIT Apples, choice, $1.40175; do common, 7fe; bananas. $lfr2: Mexican limes. $4; California lemons, choice, '$5; do common. $2; oranges, navels, $34; pine apples, $t.50ff 3.50. POTATOlS Early Rose, $1.251-50. METALS EAST AND ABROAD. Tin and Copper Advance in the London Market. NEW YORK. July 24. There was art ad vance of 101? 15s in tlse London tin market, with pot closing at 183 5s and futures at f 182. Locally the market waa dull and un changed at 4141.25c. Copper wap higher In the English market, spot advancing t'2 10s to 96 and futures 1 15s to f88. Locally the market continued dull end nominal, with Lake quoted at 215 22c, electrolytic 2O.5021c and- casting 2(X20.25c. Lead was unchanged at 5.155.25c in the local market, but declined 5s to 20 10s in London. Spelter was 2s 6d lower at 23 15s In Lon don. Locally the market was weak, with (spot quoted at 44. 85c. , Iron was irregular in the London market. with standard foundry closing at 57s 3d and Cleveland warrant at 58s 9d. Locally the market was unchanged. CLEANING CP GLOBE ONIONS. Few Cars Left in Ma 11 a Walla Section of Washington. Only a few cars of onions remain unsold at Walla Walla, and, according to Portland commission men, the remaining stock will be picked up in the next few days. Globes are quoted, at $2.252.50, according to con dition. Reports from Beaverton indicate that it will be some time before Danvers come Into the market, and as there are but few sacks of California reds In the ware houses, there is every probability of a scarc ity between seasons. Early potatoes are . none too plentiful, though the price shows some signs of weak ening. Olds are about done and are in little demand. San Francisco reports pota toes in liberal supply, with buyers offish and indifferent. Heavy deliveries by grow ers both in California and in Oregon and Washington makes the situation in tha South anything but encouraging. Comparison of Prices. Referring to the country produce market yesterday, Henry Everding made some com parisons of prices ruling now with those at this time last year. By reference to his books he found that eggs sold at the same figure, -22 cents, and that country creamery butter from July 9 to 24 was ' quoted at 20 cents, and on July 30 made an advance to 21 hi c. In the middle of August the price went to 22e. Poultry prices were exactly the same as now, name ly. IS cents for hens and 16(3'17c for fryers. There was but little change in eggs yes terday, though some houses took a less gloomy view of the market. Large orders were said to -be filled at under ruling prices, but as a general thing the market, while weak, showed a slight improvement. Poul try was in full supply and prices were fairly well sustained. Continued heavy receipts are expected for ttye balance of the week. Heavy Horses In Demand. N. W. Thompson, one of the principal hor3eraisers in Idaho, was in Portland yes terday on his way to the South with two carloads of draft horses. He said that at his farm near Boise he has been giving particular attention to the rearing of Perch erons, Belgians and French coach horses, and that the demand for these animals at present is much greater than formerly. All along the Coast heavy horses are in constant request, and at good prices. Mr. Thompson raid he was offered a fairly high price for one or two teams at the local yards, but that he had practically sold the shipment at a better figure and decided to take them on through. Bank Clearings. Bank "clearings of the leading cities of the Northwest yesterday were; Clearings. Balances. Portland $ 9S.yftM $106.51 Seattle 1.420.007 172 44 Tncoma 72U.6SS 45,726 fcrokane ' 59.127 171,001 PORTLAND QUOTATIONS. v Grain. Flour, Feed Etc. - MILLSTUFFS Bran, city $17, country flS per ton: middlings, $24.5025-50; shors. . ity $19. country $20 per ton; chop, $15 16 per ton. WHEAT Club, 83c; bluestem, 85c; Valley 0r; red, 80c. OAT S Producers prices: No. 1 white. $263 27; gray, nominal. FLOUR Patent. $4 SO; straight, $4 25; clears, $4.25; Valley. $4S04 40; graham flour. $44.50; whole wheat flour, $4.25$' 4. 75. BARLEY Producers,' prices: Feed, $21.50 Dried Fruits In New York. NEW YORK. July 24. The market for evaporated applies Is quiet, rather reassur ing adlces as to new crop prospect check ing demand for futures at the comparative ly high prices. The spot market is un changed, with fancy quoted at Sc; choice. 8 He; prime, 78c; and poor to fair, 674c. Prunes are unchanged on spot, with quo tations ranging from 4Hc to 12c for Cal ifornia fruit and from &$c for Oregon. Apricots are steady, with choice quoted at 21c; extra choice, 22c, and fancy, 2223c. Peaches are quiet and unchanged, with choice quoted at 12c; extra choice, 12 3 13c; fancy. 13t&134c, and extra fancy, J.4 14c. Raisins are quiet but steady, with loose muscatel quoted at 810c; seeded raisins at 74 13c; and London layers at $1.75(9 1.85. Eastern Mining Stocks. BOSTON, July 24. Closing quotations: Adventure ..$ 250 Mont. C. & C$ 2.874 Allouez 45.00 Nevada 14.l2Vi 93.50 I N. iutte . . . n.i.uw 24..TTV4 01d Domln.. 44.00 12 25 (Osceola 12ft. SO 15. 0O Parrot 19. 0O Quincy 118-00 Shannon .... 1725 1 Tamarack . . .105.00 29.50 (Trinity 23.75 I'nueo uop, Amalgamatd -Ariz. Com.. Atlantic . Bineham Butte Coaltn. 25.25 Cal. A'Ari... 1.67 Cal. & HecIa.SOO-00 Centennial . Cod. Range. Daly West.. 1525 Franklin .. 14.25 Granby 125.00 Isle Rovale. 19.25 Mass Mng.. 550 Michigan 14.25 Mohawk ... 62 25 U. S. Mining T7. S. Oil Vtah Victoria .... Winona .... Wolverine . 67.25 48.00 10.75 40.50 7-00 750 162.00 NEW YORK, July 24. Closing quotations: Adams Con 9 Alice 885 Breece 20 Brunswick Con. 35 Comstock Tun.. 7 Con. Cal & Va. 64 Horn Silver 145 Iron Silver. . . " .200 Leadvllle Con... 9 Little Chief 6 Ontario 875 Ophlr 210 Potosl 14 Savage 64 Sierra Jievada. . 44 Small Hopes ... 25 Standard 150 United States Treasury Statement. WASHINGTON. July 24. Today's state ment of the Treasury balances In the gen eral fund shows: Available cash balances $241,157,062 Oold coin and bullion 66,308.707 Gold certificates 80,713,590 No Change In Coffees. NEW YORK, July 24. Coffee futures closed steady, net unchanged to 5 points lower. Sales, 42.500 bags, includlngr July, 5.75c; September, H.$535.75ci December, 5.75c; March, 5.7505.80; May, 5.90. Spot coffee, quiet; No. 7 Rio. 6c; Santos, 7Hc; mild coffee, dull; Cordova. 9124c Dairy Products In Chicago. CHICAGO, July 24. On the produce ex change today the butter market was steady. Creameries. 21 23 He; dairies, 18 Mr 22 c. Eggs, Arm; at mark, cases Included, 13gp 14c; firsts, 144c; prime firsts, 16c. Cheese, steady; 12 13 He. . Money Rates In San Francisco. 5 AN FRANCISCO, July 24. Sterling on London, 60 days, $4.84 1. Sterling on Lon don, sight. $4.874. Silver bars. 68. Mex ican dollars. 52 Vac. Drafts, sight, 7 Vs c; do telegraph, 10c. Wool at St. Louis. ST. LOUIS, July 24. Wool, steady. Me dium grades, combing and clothing, 254f26c; light fine. 2223C; . heavy fine, 17 19c; tub washed. 29 u 36c. Cotton Drops Off. NEW YORK. July 24 The cotton market closed steady at a cet loss cf 3215 point OUT NUMBER THREE Home Phone Directory Containing SOOO Subscribers Delivery Now Ready Learn to use the Automatic properly. It will not make any mis takes if you "call up" correctly. The more you use it, the better it operates. . USE IT NOW . The Home Telephone Plant is now on a substantial paying basi3. No better time than now to buy Home Telephone Securities. Portland Home Stock Around $45 Portland Home Bonds Around $85 An f g ff I ip The man who buys on any reaction -wilt pocket IlVI"Ur large returns. Many large blocks of these Home Bonds have been purchased in the last SO days by insiders. The prudent and successful investor invariably buys when conditions are such to cause a weak .narket and timid investors sell out. "The American People Want to be Humbugged" Said P. T. Barnum about 30 years ago. That was about the time I started in business. My father said that kind of a racket might go in the circus business, but not in the bond business. He told me that Abe Lincoln's "You can't fool all the people all the time," was the proper way to look at things in business. ' I founded my business on sound, upright principles, and it has stood on a foundation of fair and equitable treatment of patrons, su perior quality at lowest prices, Golden Rule methods and the whole truth all the time. There are some people who believe, as Barnum did 30 years ago. I don't. We describe our goods exactly as they are and put he price down to the lowest possible mark. But that isn't all. We give you dependable quality and treat you right and I give you my personal assurance of a square deal. LOUIS J.WILDE "Home Bonds" Portland, Oregon TODAY TELLS TALE Directors to Divide Southern Pacific Earnings. WALL STREET IS AGITATED Proposed Rate Kept Secret, but Stock .Traders Believe It May Reach Between 6 and 7 Per Cent. NEW YORK, July -24. The action of Southern Pacific today, which rose to 90 V, was regarded as strongly confirmatory of the conviction that an increase In the divi dend rate is imminent. No official informa tion of the plans of the directors could be secured beyond the information that the directors would be In session tomorrow, the executive committee not until later. This Information was considered to indicate that a period of speculative activity in Southern Pacific would almost certainly intervene before dividend action shall be announced. The professional traders folllowed the move ment on this supposition very industriously. Some of the rumors used with effect regard ing the probable dividend action were not content with aosertlng the intention to raise the rate to 6 per cent, but insisted on a coming T per cent rate. The official estimate of the year's earn ings published last week showeda balance of ?2.7S7,18(i, after the allowance for the dividend on the present outstanding pre ferred stock. This is equivalent to about 12 per cent on the common stock of the company. The $36,000,000 of new preferred stock now In process of payment does ' not yet draw Interest, the requirement for, which would be 12,600,000 each year. It win be seen that either the 6 or 7 per cent dividend will leave a large margin of sur plus In the present rate of earnings. - The weight of opinion in the trading ele ment today was in favor of the 6 per cent rate. Union Pacific sympathized with the Junior security today. This served to rec tify to some extent the bad effect of Union Pacific's recent poor response to the 'move ment in Southern Pacific, which, threw sus picion upon the later movement. In view of Union Pacific's large holdings of South ern Pacific and Its consequent profits from an Increase In the latter's dividend. Union Pacific was expected to move In harmony with Southern Pacific. The movement was not without some in fluence on the general list, but nothing like the proportion that would be expected usu ally of such a considerable market demon stration in a prominent stock. This was partly due to the fact that there was some switching of traders' account from other stocks into the Harrimans. Accounts In other stocks were sold out to secure re sources to put Into Southern Pacific. This process was reported in operation In regard to United States Steel. The char acter of the discussion over the Iron strike has been followed by a diminution of the talk of an Intended Increase in the United States Steel dividend at the meeting of directors next week. The Hill stocks were backward, owing to the difficulties which have been pointed out in the way of a cutting of the Burlington melon for those stockholders. The market closed Arm. Southern Pa cific went to 90fe, Union Pacific to 147U and St. Paul to 136.. The dealings were overwhelmingly centered in the two Harri mans. Profit-taking caused some reac tion. Money on call continued to decline, and at the same time foreign exchange made a further encroachment upon the narrow mar gin which divides it from the gold export point and kept that prospect In view. Bonds were dull. Total sales, par value. $1,214,000. United States 2s registered de clined 14 per cent, while the coupons ad vanced X per cent on call. CLOSING STOCK QUOTATIONS. ' Closing Sales. High. Low. Bid. Adams' Express. 150 Amal. Copper .... 62.800 93 924 93 Am. Car & Foun. 1,100 43?, 434 4.TS do preferred 100 Am. Cotton Oil 32i do preferred ..... ..... 86 American Express 210 Am. Hd. & Lt. pt - Wi American Ice ,. . 50 S Am. Linseed Oil P'i do preferred 22?4 Am. Locomotive... 2.100 60H S 6" do preferred , l"4ti Am. Smelt. & Ref. 7.500 1189, 117H 118 do preferred .. . o0 1 105 106 Am. Sni!ar Ref... 200 122?$, 122 1221, Am. Tobacco ctfs i 684 3 98 H 98?, 57 92?, 93 98 ?i 98 Vi 68 65 Vb 177 hi 17g?a 34?: 1.11 Mi 151 13U 581, fi 91 U, 98 98 Mi 51 17 i 175 35?4 11a. 151 69 i 32 ?4 27 4 )), 4tS 68?, ' 25?, ? 45 1.8U0 28V, - 28 300 6"4 8?' 'SiiO 2.i 25 40O 61 61 200 43 4 43 ?i 5.000 14(iSi 140 lOO 145 , 145 "SOO V2." '72" 39 27 ,i 57!, 115 200 2K 2iW) 700 '300' 200 5(10 70 36 Vs 1364 13fii o 15 61 31?4 26 6' 1 45 115 17V4 12 4 172Vi 49 27 T4 70 ?i 66 25 V, 611 42 139 144 V, . 14V4 TH 24 Vi 70 17 38V4 114Vi 114tj, 2'i 41 '4 41 H 41 107 107 4 17V4 135 75 36 6614 61 Vi 60 S 114 113 113T4 75 35 75lj 75 V, 68 54 31 36 ' 75 V 75 68 ?4 30-j 100 1,1IK 200 83 V4 83 Vi 47V. Anaconda Mln. Co. 6.500 Atchison 24,000 do preferred-.... 100 AM. Coast Line.. ll0 Bait. & Ohio 2,100 do preferred Brook. Rap. Tran. 7.000 Canadian Paclfio.. 1,800 Central of N. J Ches. & Ohio 1,900 Chi. Gt. Western Chicago & N. VV.. I.4110 C, M. & St. P.. 23,700 Chi. Ter. & Tran do preferred C, C, C. & St. L. 500 Colo. Fuel Sc. Iron oo Colo. & Southern 6.700 do 1st preferred. 4i0 do 2d preferred.. 1.6CV) Consolidated Gas.. ....... Corn Products' do preferred Del. & Hudson Del., Lack. & Wes. D. & R. Grande.. do preferred .... Distillers' ecuri. . Erie do 1st preferred. do 2d preferred.. General Electric... Illinois Central... Int. Paper do preferred .... Int. Pump do preferred .... Iowa Central .... do preferred .... K. C. Southern... do preferred .... Loul. & Nash.... Mexican Central.. Minn. & St. L... M..St.P. Sc S.S. M. do preferred Missouri Pacific... Mo., Kan. & Texas 3,200 do preferred ...... National Lead Mex. Nat. Ry. pf N. Y. Central 1,000 N.T.. Ont. & West Norfolk & West.. 700 (jo preferred North American... 200 Pacific Mail 500 Pennsylvania 12,500 People's Gas 6u0 P., C. C. & St. L Pressed Steel .Car do preferred Pullman Pal. Car Reading 65,900 do 1st preferred. ...... . do 2d preferred. . Kepubnc steel .. do preferred ... Rock Island Co.. do preferred . . . Rubber Goods pf. St.L. & S. F. 2 pf. 200 St. L. Southwea. .. 100 do preferred Southern Pacific... 16,400 do preferred .... 100 Southern Railway. SOO do preferred . Tenn. Coal & Iron . . . Texas & Pacific. Tol.. St.L. & West. ... do preferred . 600 Union Pacific 176,000 do preferred U. S. Express U. S. Realty U. S. Rubber 200 do preferred ..... loo U. S. Steel 84,200 do preferred .... 4,900 Va.-Caro. Chem... 400 do preferred .... Wabash do preferred .... 100 Wells- Fargo Ex Westlnghouse Eleo Western Union...." 200 Wheel. & L. Erie Wisconsin Central. do ' preferred .... Int. Metal 800 do preferred .... 2.200 Gt. Northern pf... 7,800 Northern Pacific... 17,100 Central Leather... do preferred ... 200 Slosa-Sheffleld 200 Total sales for the day. BONDS. . NEW YORK. July 24. Closing quotations: V. S. ref. 2s reg.l0Slv. Y. C, G 8V, 90 do coupon 105INorth. Pac Ss.. 70V, V. S. Sc reg. ....102V4lNorth Pac. 4s.. 100 do coupon. .. .103 ISouth. Pac. 4s.. 87 U. S. new 4s reg.l27,iUnion Pac. 4s.. flp do coupon. .. .128 V4 Wis. Cent 4s 84 ?, Atch. adj 4j... 88 Japanese 6s 99Vi D. & R. G. 4s. 93l do 4 Vis 90 Vi Money Exchange, Etc NEW YORK, July 24. Mony on call, easier; 12V& per cent; ruling rate, 2 per cent: bid! 1 ?i per cent: offered at 2. Time loans, very dull and firm: 60 days. 44V4 per cent: 90 days, per cent; six months, 6 per cent; prima mercantile paper. 5V4"6 per cent. Sterling exchange, firm, with actual busi ness in bankers' bills at $4.86954.87 for demand and at $4.83S0e4.8385 for 60-day bills. Commercial bills, $4.83. " Bar silver, 6S7c. Mexican dollars, 68o. Government and railroad bonds, Irregular. 68 30 123?, 123 123 vi2 VI VI 70 35 80 161 105 104?, 1U5V4 So '78 27 83 Vi 21 47 95 37 20 Vi 01 904 86 90V4 112 112 112 lj) 20 65 144 38 2UV4 38?4 20 V 20 100 30 49 147 30 49 26 4', 35 98 36 100 100 26 26 144 146 S3 107 62 36 100 aa.1 35 98 36 25 25 79 79 26? 101 13 25 280 145 79 10 17 40 16 44 1.16 136 24 92 67 682,000 shares. 16 44 15 43 137 136 137 136V4 92 68 92 6a Eastern Sugar Market Firm. NEW YORK, July 24. Sugar Raw. firm; fair refining, 3.37Vic: centrifugal. 96 test. 8.378i3.39c; molasses sugar, 8.12c; refined, steady; crushed, 5.70c; powdered, 5.10c; granulated, 5c. Coffee Steady; No. 7 Rio, 6c; No. 4 Santos, 7c. Cotton Fnturea. NEW YORK, July 24. Cotton futures closed steady: July. 12c; August, 11.42c; September, 11.42c; October. 11.82c; Novem ber. 11.85e: December. 11.90c: January, 11.96c; February, 11.99c; March, 12.06c; Auril. 12.09c: May. 12.14c. PARTIAL LIST OF IOWA BANKERS, INVESTORS IN INDEPENDENT TELEPHONE SECURITIES Saving Bank of Alton, State Savings Bank, ' Bank of Buckeye, Battle Creek Savings Bank, Cedar Rapids National Bank, Citizens Bank, First National Bank, Farmers .National Bank, Citizens State Bank, Fidelity Savings Bank, Farmers Savings Bank, Citizens Bank, Mechanicsville Savings Bank, Bank of Milo, Bank of Northboro, Worth Co'unty State Bank, Onawa State Bank, Bank of Pierson, Farmers and Drovers State Bank, Bank of Sully, Citizens Bank, Bank of Wall Lake, Williamsburg Savings Bank, Farmers Exchange Bank, First State Bank, Bank of Dallas Center, Bank of Mauson, . Wilton Savings Bank, Commercial National Bank, Citizens State Bank, Humboldt State Bank, Farmers National Bank, Farmers Exchange State Baift:, State Bank of Tabor, Citizens National Bank, Citizens Exchange Bank, Farmers and Merchants Bank, Worthington Savings Bank, Cotterall Bank, First National Bank, Bradgate State Savings Bank, State Bank of Bode," Farmers Savings Bank, Farmers Savings Bank, State Bank of Renwick, First National Bank, State Bank of Hardy, Badger Saving Bank, Commercial Bank, Dedham Savings Bank, Madrid State Bank, First National Bank, Jesup State Bank, State Bank of Kadeliffe. Mills County German Bank, Greene County State Bank, Bank of Kingsley, Waukon State Bank, Hampton State Bank, Arion State Bank, Boyer Valley Banking Co. If good for these banks and these people your banks and your people. I C. A. Pierson, President, 1 R. L. Arnold, Cashier, W. O. Shipley, President, Henry Wirth, Cashier, A. T. Averill, President, J. F. Hardin, President, H. Rogers, Cashier, C. . Butterfield, Cashier, O. D. Taylor, v Vice-President, H. J. Howe, Cashier, D. P. Hogan, -Cashier, T. G. Ainley, - Cashier, E. Webbies, Cashier, J. E. Clayton, Cashier, J. R. Harris, Cashier, C. H. Beckett, Vice-President, A. B. Martin, President, J. H. Benson, Cashier, Leroy Ware, Cashier, F. G. Sherman, Cashier, C. E. Lawrence, Cashier, Chas. Goodenow, Cashier, G. H. Hughes, Cashier, G. H. Jameson, Cashier, O. H. Stilson, President, W. H. Brenton, President, M. E. Griswold, Vice-President, J. M. Rider, Cashier, G. E. Liehty, Director, A. N. Odenheimer, Director, S. J. Winne, Director, ' Geo. D. McElroy, Cashier, W. R. Jameson, President, H. C. Dye, Cashier, S. Wertheim, Vice-President, H. E. Teachout, President, M. M. Head, President, S. B. Lattner, President, Cotterall, President, A. Dixon, President, John Boyden, President, T. O. Housen, Cashier, . T. 0 Housen, Vice-President, L J. Clave, Cashier, R. R. Smith, President, J. H. Bradt, Vice-President, R. R. Smith, Vice-President, T. K. Peterson, Cashier, Thomas A. Way, President, F. A. Loovey, . Vice-President, John Anderson, President, G. J. Guyer, Cashier, C. L. Bright, Cashier, R. B. Ballard, Cashier, Chas. F. Nipp, Cashier, M. M. Head, Cashier, A. B. Phelps, President, L. A. Howe, President, C. M. Goodyear, President, M. B. Nelson, Cashier, ' August Lundell, Vice-President, Alton. Barter. Buckeye. Battle Creek. Cedar Rapids. Eldora. Farragut. Hamburg. Lenox. Marshalltown. Masena. Maxwell. Mechanicsville. Milo. , Northboro. Northwood. Onawa. Pierson. Seymour. Sully. Union. Wall Lake. Williamsburg. Dows. Corinth. Dallas Center. Mauson. Wilton. Waterloo. Eagle Grove. Humboldt. Vinton. Dows. Tabor. Belle Plaine. Benton. Churdan. Worthington. Clarence. Coon Rapids. Bradgate. Bode. Otteson. Otteson. Renwick. Rockwell City. Hardy. Badger. Britt. Dedham. Madrid. Buffalo ( i Jesup. - Radcliffe. Mineola. " Jefferson. Kingsley. Waukon. Hampton. Arion. Kiron. -then good for Eight years steady advance of Independent Home Telephone Securities in the State of. Iowa has brought most every bank and representative business man in the state such substantial returns that in many cases stock is NOT FOR SALE AT ANY PRICE, but held a permanent investment for its substantial and steady quarterly income. A partial list of country bankers only given today. In a year or so from NOW it will dawn on YOU the greatness of the Automatic Home Telephone its phenomenal growth its great earnings itf universal satisfaction and its prompt and efficient way of serv:ng the people. Eighty per cent of the telephone business in this city in eighteen months from now will be done over the Automatic. YOU ARE ,NOT OFFERED a gilt cer tificate, issued by a bunch of liars, nor an interest in some far-off corporation, capitalized and watered beyond its possible earnings, where sunny skies and glit tering generalities are boomed by Yellow Journalism to fool the investor, BUT YOU ARE OFFERED TODAY A UNIT MORTGAGE, bearing a legitimate rate of interest, based on the cost of construction, at a figure that will net 6 per cent and as safe as a Government bond. You are also offered the stock, the first and only kind of stock issued by the Home Telephone corporation, at almost original pooling price. These securities are in a Home corporation now in opera tion a public utility based on the wants and necessities of a prosperous com munity, secured for a quarter of a century by a franchise given by your own city; the plant, its equipment, its management and operation UNDER YOUR VERY EYES, where you can watch it grow, use it and help it prosper. It is backed by over five hundred of your own leading banks and citizens as well as by a hundred banks and business men on the Pacific Coast. The Home Telephone system in the Northwest is a large and great under taking, and requires slow and careful work and a great deal of money, and all of the money realized from the sale of these securities through this office, either of stock or bonds, is being put into extensions, for that reason securities are . offered, and NONE OTHER. The plant is here and open for inspection, and the people back of it are above suspicion, and if people with HORSE SENSE will look into the proposition AS IT IS, and use the Automatic Telephone and LEARN TO USE IT PROPERLY, the great possibilities from an investment standpoint, at this stage of the plant, during the closing days of construction, will dawn on you as being one of the best investments you can possibly get into, and I advise that you buy all you can get, stock or bonds, in the Home Tele phone plant, at anywhere near present prices, and "Do it now.'" LOUIS J. WILDE ' Authorized Representative of Underwriters , No. S Lafayette Building Portland, Oregon -