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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 2, 1908)
THE MORXIXG OREGONIAX, THURSDAY, JTXT 2, I90S. 17 r V SALES OF FUTURES Grain Department of Board of Trade Formally Opens. ATTENDANCE IS VERY GOOD Local Food 31arket Weak and Likely tr Break Active Demand for Fruits Country Pro duce Lines Firm. Grain futures wre rtalt in fr the first time at th Portland Board of Trade yestPr day. Business was not on an extensive rale, and It was not expected there would be much activity, but a pood start was made nevertheless. The attendance -was pood, about 25 members being present, and much Interest was shown In the proceed ings Th session was called promptlyat 11:30 A- M. and lasted until noon. Secretary Fred Jifullr officiated as caller. The bidding was more or lesa spirited at times, though there was only one sale recorded, 500 bushels of December wheat changing hands at SO rents. There was a subsequent bid of 81 cents for December and later an ad vance to 82 cents, with 85 cents asked. For September wheat, 8 'Hi cents was of fered. December oats wre offered at 1.324 per cental, with $1.25 bid. while bids on the Soptembcr delivery ranged from I.10 to f 1.17 1 with $1.25 asked. The opening bid on December barley was $1 per cental and the price was soon ad vanced to SI. 14). with $1.20 asked. Sep tember barley was offered at $1.15. Although only on of the export firms was represented at the first session, the Interest displayed by the other members of the trade was such as to Indicate the success of the effort t establish a grain exchange In this city. The present un certainty as to the crop situation may pre vent an active market until something more definite Is known aa to the probable outcome. Local receipts of grain In the past 24 hours, as reported by the board, were 4 cars of wheat and 643 sacks of oats. . The range of futures was as follows: WHEAT. Open. High. Low. Close. Sept 9 -80 $ $ $ .821 Dec 80 .80 .82 OATS. Sept 1.25 1.25 l.lO 1.1? Dec 1.S2H 1.324 1.25 1.25 BARLEY. Sept 115 1.15 Dec 1 20 1.20 100 1.10 MARKET FOR MILL FEED IS WEAK Flump at San Francisco Cuts Off Shipments From Portland. The market for mill feed la tottering and a break In prices Is likely to occur soon. One of the principal weakening factors Is the subsidence in the California demand. Vp to two weeks ago the San Francisco market was a regular buyer of Oregon bran, but now buyers of that city will only take on additional supplies at prices at least $2 under those quoted at that time. The slump In the San Francisco market Is the result of heavy shipments from I'uget Sound and the Orient. Three cargoes of bran are reported In transit from Hong kong to San Francisco and due this month. Mills on the Sound are also shipping heavily In order to reduce their surplus. Added to this, as a depressing factor, are the free arrivals of new alfalfa at San Fran cisco. These have alt served to weaken the local market. With the current demand slack, some of the large Pcrlland holders are said to have made sales at San Fran cisco under the quotations currant here. It Is also reported that several lots of feed have been offered locally at conces sions. HOP CROP CONDITIONS IN NEW YORK Indications Are Favorable for ft Very Good Yield. There were no new developments In the local hop market "yesterday and no report of sales or contracts came from the coun try. Hop crop' conditions in New York are reported by state papers as follows: Watcrville The present warm weather with occasional rains is continuing the forcing prnress In the hopyards. It looks now as though we wci-ld have an early harvest of an exceptionally fine crop. The vine Is unusually thrifty, free from vermin and well armed out. Malone Reports from growers In this vicinity are that hops were never looking finer than now. The yards wintered well and the vines are very forward, some of them being well up to the tops of the poles. The same report comes from Central I'ew York, where the" vines present a clean and healthy appearance. From the- present outlook the yield In this state should ex ceed lat year's crop. f'herry Valley Crop prospects up to the present promise excellent. Hop vines are already at the top of the poies and look strontc and healthy. Peansboro Hopyards are looking fine. Growers are more hopeful than early in the, season, as there a i-pears a prospect of fair prices being paid next Fall. I'ooperstown Reports from the hop fields continue favorable. Official returns show Imports into Eng land of the equivalent of 133.000 bales dur ing the period from August 31, 1!07, to May 31. 190S. as against about 113. 0O0 bales during the corresponding jerlod of the preceding crop year. The Brewers' Journal, referring to the English crop, says In effect that there Is every prospect of a big crop similar to those of lS'.iO and 1901, given ordinary favorable conditions. IMPROVED DKMAND FOR FRUITS Warm Weather Stimulate Trade In AU Lines, The sultry weather yesterday stimulated the demand for fruits of all' kinds. Sup plies were fair, and in most lines steady prices were quoted. A car of cantaloupes was the only carlot arrival. The best cantaloupes were quoted up to $1.75 per crate, Lut sales were made as low as $1 It Is understood that the quantity In tran sit Is not as heavy as It was, and this should give the market a chance to clean up. Receipts of cherries were unusually large and the market was decidedly weak. The best Royal Anns and Blns were quoted at Sc and cheaper varieties as low as 21?" 3c per pound. Butter, Cheese and Country Produce Firm. The butter market continues firm, with nn aiti e movement on shipping account and a fair local trade. The surplus of the city make Is blng stored No change In prices expected in the near future. The cheese market advanced half a cent on all grades yesterday. With egg receipts light and the demand somewhat better, the market shows an Improved tone. I'oultry is also firmer, with a good demand for all varieties. Bank Clearing. Clearings of the Northwestern cities yes terday were a follows: -'learlntrs. Balances. Fortland $ 024. sao 75.044 Seattle l,5H4.!7l 25, H4 Tacuma 624. S44 74.251 Spokane 1, 027,514 337,321 BOARD OF TRADE QUOTATIONS. Grain. Flonr and Feed. WHEAT Track prices: club, S5c per bushel; red Russian, 83c; hluestem, 87c; Vfelley. 85c FLOUR Patents. $4-85 per barrel; straights. $4.05 6 4.55; exports. 93.70; Val ley, $4.45 ; 4 -sack graham. $4.40; whole Wheat, $4.65; rve. $&R0. BARLEY Feed, $24.50 per ton; rolled, $27 .50 Ki 2S.50; brewing, $26. OATS No. 1 white, $1:6.5 per ton; gray. 926. MILLSTUFPS Bran. $26-00 per ton; mid dlings. $30.50; shorts, country, $28.50; city. $2S; wheat and barley chon, $2,7.50. HAY Timothy, Willamette Valley, $13 per ton ; Willamette Valley, ordinary. $12; Eastern Oregon, $17.30; mixed. $13; alfalfa. $12; alfalfa meal. $20. Meats and Provisions. DRESSED MEATS Hogs, fancy, 7e per pound; ordinary, 6 He; large. 6c; veal, extra, Sc; ordinary, 67c; heavy, 5c; mut ton, fancy. S$9c HAMS Hams. 10-13 lbs.. 164c per pound; 14-16 lb., 16c; 18-20 lb., 16c. BACON Breakfast, ltt23c per pound; pic nics. 10c; cottage roil, 11c. DRY. SAXT AND SMOKED Regular short clears, smoked, 12Hc per pound; un smoked, 11 Us; unsalted bellies, smoked. 14!.c, unsmoked. 13K.c: clear back a im smoked. smoked. 12Mic;, shoulders. 12c. LARD Kettle leaf. 10s. 13i4c per pound; 5s. 14k:c; 50s, tins, 12c; S. rendered. 10s, 12 5s, 12c; compound, 10s, 8c Butter, Eggs and Poultry. BUTTER Extras. 25c per pound; fancy. 24c; choice, 20c; store. 16c. EGG Oregon, IS & 19c per dozen. CHEESE Fancy cream twins, 13Hc per pound; full cream triplets, 13Vc; full cream Young Americas. Hc. POULTRY Mixed chickens, lltfll c lb.; fancy hens, liic; roosters. 9c; fryers. 16 lhe: broilers. l18r; ducks, old. 3213c; Spring. 12c(&14c; geese, old, S4f9c; young, U4i&13c; turkeys, old, 1018c. young, 20 &25c; dressed, 17luu. Fruits and Vegetables, APPLES Select. $3 per box; choice to fancy. $2; new California, $2. POTATOES Old Ortgons, 7075c per hundred; new California, l(g2c per pound. FRESH FRUITS Oranges, Mediterranean Sweets. $3.503.75 per box; Valencias, $45 4.SO; lemons, fancy, $4.75; choice, $3.50 4 ; standard. $3 ; strawberries, 75 6 $ 1 Pr crate; grapefruit, choice to fancy, $2.5ui8 S.oO; bananas. ShifyQc per lb; cherries, 2 8c per pound ; gooseberries, 5 fg6c per pound; apricots, $1.23 per crate; canta loupes. 90c (g $ 1.73 ; blackberries. 91 $ 1.2-5 per crate; peaches, 50&75c crate; plums, $lS1.2." per crate; figs. $l.251.7.! per box: watermelons, Sc per pound; grapes, $1.75 per crate; currants, Sc per pound; raspberries, $1.75 per crate; loganberries, $2&2.25 per crate. ONIONS California red, $1.2301.50 per sack; garlic, 15&20c per pound. VEGETABLES Turnips, $1 per sack; carrots, $1.50 if! 1.73 ; beets, $1.50; parsnips, $1.25; cabbage, $1.50 per cwt.; beans, tiftxilOe per pound; head lettuce. 2r 35c per dozen; cucumbers, California, $1.25 per box; Ore gon, 507-jC per dozen; asparagus, 75c per dor. ; eggplant, 15c lb. ; parsley, 25c per doz. ; ieas, 2&4c per lb.; peppers, 20c per pound; radishes. 15c per dozen; rhubarb, 3'jic per pound; spinach, 3c per pound; cauliflower, $2.50 per crate; green corn, 40c per dozen: tomatoes, $1.253 per crate; artichokes, 50 05c per dozen. JOBBERS' QUOTATIONS. Groceries, lried Fruits, Ktc. DRIED FRUITS Apples, Tic per pound; peaches, ll12c; prunes, Italian, prunes. French. 3 5c; currants, unwashed, cases, ftic; currants, washed, cases. Kc; ngs. white, fancy, CO-pound boxes, 6c. COFFEE Mocha, 24&2ac; Java, ordinary 17 & 20c; Costa Rica, fancy, lS&20c: good, in (a lHc; ordinary. 12 (fr 16c per pound; Co lumbia Roast, 14c; Arbuckle, $16.50; Lion, $15.75. RICE Southern Japan, 5 Vic; bead, GH Tc; Imperial Japan. Oc. SALMON Columbia River, 1-pound tails. $2 per dozen; 2-pound talis, $2.05; 1-pound liats, $2.10; Alaska pink, 1-pound tails, 95c; red. l-pound tails. 3 1.43; socLeyes, 1-pound tails. $2. SUGAR Granulated. $6.23; extra C. $5.75; golden C, $5.03 ; fruit and berry sugar, $0.25; plain bag, $6.05; beet granulated, $0-05; cube (.barrels), $6.65; powdered (barrels), $6.50. Terms: On remittances within 15 days deduct c per pound ; if later than 15 days, and within 30 days, deduct c per pound. Maple sugar, 15&1SC per pound. NUTS Walnuts, 16lSc per pound by sack; Brazil nuts. 16c; filberts. 16c: pecans, 16c; almonds. 16,&lSc; chestnuts, Ohio, 25c; peanuts, raw, 6iSVc per pound; roasted, 10c; pinenuts. 10 12c; hickory nuts, 10c; cocoanuts, 90c per dozen. SALT Granulated. $15 per ton; $2.15 per bale; half ground, 1003. $12 per ton; 50s, $13 per ton. BEANS Small white, '5c; large white. 4c; pink, 4c; bayou, 4c; Lima. 6c; Mexi can red. 4Vc- HONEY Fancy. $3.503.75 per box. CEREAL FOODS Rolled oats, cream, 90 pound sacks, per barrel, $7 ; lower grades, $3-50 C. 50; oatmeal, steel-cut, 45-pound sacks, $S per barret; 9-Ib. sacks, $4.25 per bale; split peas, per 100 pounds. $4.2504.80; pearl barley, $4.50 5 per lOo lbs. ; pastry flour, 10-pound sacks, $2.75 per bale; flaked wheat, $2.75 per case. GRAIN BAGS 67c each. Coal OU, Linseed Oil, Etc, REFINED OILS Water white, iron bar rels, 10c; wood barrels, 4c. Pearl oil. cases, INc; head light, iron barrels, 12c; cases, 19 Vic; wood barrels, 16 H c. Eocene, cases, 21c. Special W. W.. iron barrels, 14c; wood barrels. 18c Elaine, cases, 2Sc Extra star, cases. 21c. GASOLINE V. M. and P. naphtha. Iron barrels, 12 He; cases, 19 He Red Crown gasoline. Iron barrels, 16 ic; cases, 22 Vic; motor gasoline. Iron barrels. 15 Vic; cases. 22lc: S6 gasoline, iron barrels. 30c; cases, 37'c; No 1 engine distillate. Iron barrels, 9c; rases. 16c. LINSEED OIL Raw, barrels. 51c; boiled, barrels, 53c; raw, cases, 57c; boiled, cases, 69 c. OIL CAKE MEAL Ton lots. $34. Hops, Wool. Hides, Etc. HOPS 1907, prime and choice, 3 3 6c per pound; olds, 2&2Vc per pound. WOOL Eastern Oregon, average best, 10 lUVi per pound, according to shrinkage; Valley. 12 Vi 13 3-3c. MOHAIR Choice. 18lSVic per pound. CASCARA BARK New, 3Vc; carloads, 4c; old, 4c; carloads, 4 Vic per pound. HIDES Dry, 12tfr12Vic; dry calf. No. 1, under 5 lbs., 14($l0c; culls. 2c per lb. less; salted hides, 5&5Vic; salted calf, 910c; green (unsalted), lc -lb. less; culls, lc per lb. less; sheepskins, shearlings, No. 1 butchers' stock, each, 23 30c ; short wool. No. 1 butchers' stock, each, 5069c; me dium wool. No. 1 butchers stock, each, 75c &$1.00; long wool. No. 1 butchers' stock, each, $1.25 1.50; horse hides, salted, each, according to siae, $2.00 (2.50; dry, accord ing to size, each, $1.0061.50; colts bides, each, 26 $ 50c ; goat skins, common, each, 15025c; Angoras, with wool on, each, 30c 0 $1.50. FURS No. 1 skins. Bear skins. ' as to size. No. 1, each. $5.00010; cubs, each, $10 3 ; badger, prime, each, 25 030c; cat, wild, w'th head perfect, 30050c; house, 5020c; fox, common gray, large prime, each, 400 50c red. each. $305; cross, each, $5015; silver and black, each, $100 0300; fishers, each, $5g S; lynx, each. $4.5000; mink, strictly No. 1, each, according to slse. $10 3; marten, dark northern, according to alse and color, each, $10015; marten, pale, ac cording to size and color, each, $2.oO04; muskrat, large, each. 120 15c ; -skunk, each. BO0 4Oc; civet or polecat, each, 5015c; otter, for large, prime skin, each, $6010; panther, with head and claws perfect, each, $203; raccoon, for prime large, each. 50075c; wolf, mountain, with head perfect, each, $3.50 05.00; prairie (coyote). 60c 0 $1.10; xolverine. each, $6 0 8.00. Lumber. ROUGH Dimensions. 2x4 to 14x14 to S2 feet. $10; 34 to 40. $11; 42 to 50. $13; 52 to 60. $16: IxS to 1x12 rough. $11; 2x3 to 2x12, inci., 10 to 24 sized random, $10; 1x4 com. el.. $10: IxS com. a!e, $11; cull, 16 and wider, sis.. $7; cull. 1x4, sis., $6; cull, 2x4 to 2k 12 sized, $7; ship lap, com., $12; cedar com. $12. FLOORING 1x4. No. 1 V. G., $27: No. J V. G-, $22; No. 3. $14; No. 2 slah, $18; lx slash. $18; lS-lnch flooring. $4 extra, RUSTIC 1x6 and 1x8 No. 1, $25; No. 2 V or chan, $18; No. 2 special pattern, $20; No. 3. ail patterns. $14. CEILING 1x4 and 1x6. No. 1. $25; No. 2. $18; No. 3, $12; 1x3, No. 2, $16; No. 3. $12; 8-inch. $2 les. FINISH Up to 12-lnch, No. 1, $26; No, 2, $2u No. 3. 914. STEPPING Up to 12-Inch, No. 1. 932; No. . $2S; No. 3. $15. LATH 1 U-lnch. $2: 1 V-lnch, $1.75. MOULDINGS 2 inches wide and under, per linear foot. Vie: over 2 lnchee in width, per linear foot, each inch in width, Sc. DOOR JAMBS, casings, etc., $30; surfac Vig. $1 extra. Fresh Fish said Shell Fish. FRESH FISH Halibut. 56c per pound; black cod. Sc; black bass. 2uc; striped bass, 13c; herring, 6c; flounders, 6c; catfish, lie; shrimp. 10c ; perch, 7c; sturgeon. 12c; sea trout. 15-c; torn cod, lOc; salmon, 809c; smelt.. 7c; shad. 3c CLAM S LI 1 1 le neck, $2. 50 per box ; razor clams. $2 per box, OYSTERS Shoal water Bay, per gallon, $2.25; per sack. $4.50: Tcke Point, $1.60 per ICO: o: mpia 120 pounds), $6; Olympia, per gallon. $2.25. Over i.l.ooo tons of rabbit meat were re ceived la London from Australia last r" NEAR LOWEST LEVEL Stock Trade Not So Inactive for Eight Years. BUYING ALMOST " CEASES Pendency or Political Canvass Re sponsible Tor Lack of Specula tive Interest Semi-Annual . Disbursements. NEW YORK. June 1. The new fiscal year opened In the financial district In a condition of profouud aoathy. so far as was reflected In the securities market. Banks and trust companies bad some occupation In the paying; of Interest on bonds, and there were other seasonable money obligations to be met. Including payment of a 1 1.025.000 installment of subscriptions for new North ern (Pacific stock. Trust companies are compelled, under the law. to fix their re serves today at 10 per cent of deposits and the condition of reserves of those compa nies shown by their last report would Indi cate that they must have withdrawn from the banks In the neighborhood of $25,000. 000 to meet this requirement. The financial community Is in hourly expectation of a call from the Treasury Department for re turn of perhaps 50,000,000 of Government deposits. The July dividend and Interest disburse ments in New York are estimated in the neighborhood of $180,000,000. yet so heavy is the surfeit of funds In the money market and so feeble the demand for facilities for borrowers that these extraordinary require ments have done nothing more than stiffen the call money rate temporarily no 2 per cent compared with 1 4 to 14 per c:nt before prevailing. The fiscal year opens with large, supplies of funds pressing for employment in the time money market, where loans carry over the year end today fell to a 3 per cent rate. Notwithstanding these plethoric con ditions of money the bond and stock mar kets lay in a lethargic condition and wholly IndlfTerent to any developments in the news. Money rates . are now lower than at any period since the Summer of 11H4. and the record must go back four years further for any parallel for the low level of activity in stocks today. The aggregate sales for the day amounted to only l.-,:;.80f share On August 22. 1000. there were sold S.6.O00 shares. It is. of course, significant that these comparisons carry back to years of previous National political campaigns. The pendency of the political ranfacs must, in all probability, be given the principal re sponsibility for the present Immobility . of the markets. Railroad reports of net 'earnings for May reflected the drastic effects to overcome the losses In gross earnings by cutting ex penses. Bonds were irregular. United States Steel sinking 5s were strong. Total sales par value, $2,340,000. United States 2s registered advanced Vt per cent on call. CLOSING STOCK QUOTATIONS. t Sales. Hlgh.Low. 4,2l) BB :, 1U0 31 34 i,2l6 2T ' "2ii 4c 0 II 11 . OHO 4S 47i i im i; mi u 5.5U0 70 7B 200 126 " iiii" 200 K8i4 8814 in 'i'ji 42'i 400 M '4 81 i.50l ii 'iiHK. 500 Sll "tV6 's"' 47li 2(0 160 1B0 300 ii.ri iiiii " 200 . 40 40 Iimi fiii fit.; 8! 1.12 1M14 ,100 131 133 300 27 27 700 3l!i 30i "'266 121" iii" "ioo ii'i 3O0 IBl 10" 200 33 34 1.700 i.ii i.ii'" 90O fiftV "svi J. 200 ISO 12ili 1.000 lln 11 2.71X1 SS' 20H 100 10 10 "ioo 164 "iei, "200 io5 ioiii 206 4S -is 100 271, 27l 100 .1!) (19 80O o 1.4 600 Itl41.4 1I13U l.aoo 41 404 30O 6 68 Vi 4.166 i37" 136 606 120 300 924 92 Bid. 6 34 !I6(4 aVi 18 8, 47)i 101 7V4 ll'Jia 12.1 8S 22i 42 Amalgam Copper. Am Car & Found. (Jo preferred Am Colton Oil Am Hd & Lt pf . . Am Ice Securities Am Linseed Am Locomotive .. do preferred Am Smelt lUg. de preferred Am Sugar Rig Am Tobacco pfd.. American Woolen. Anaconda Min Co Atchison do preferred Atlantic Coart Lin Baltimore & Ohio. do preferred Rrook Rap Trans. Canadian Pacific. Central Leather.. do preferred Cent New Jersey. Ches Ohio Chi Great West... Chi & N w Chi. Mil & St P.. C, C. C. & St L Colo Fuel & Iron. Colo & Southern.. do 1st preferred. do 2d preferred . Consolidated Gas.. Corn Products Del & Hudson.... D 4 R O do preferred Distill Securities.. Erie do 1st preferred. do 2d preferred. General Electric Gt Northern p'd . . Gt North Ore ctfs Illinois Central Interboro-Met .... do preferred Internatlon'l Paper do preferred Intematlon'l Pump Iowa Central Kansas City So... do preferred Louisville & Nash. Mexican Central .. M. Rt P ft 8 St M Missouri Pacific... M. K ft T do preferred National Lead . . . New York Central N Y. O & W Norfolk & W-st . . North American.. Northern Pacific. . Pacific- Mail Pennsylvania ..... People's Gas P. C C & St L Prejsed Steel Car. Pullman Pal Car. Ry Steel Spring.. Reading Republic Steel do preferred 81(4 in 89 Kll S'l 47-H IS'lT. 24 I2!i 19.1 39 151 "a 13.1 14 S4 27 .11 58 48 124 16V4 160 24 6.1 34 19V4 34 24 V, 1.14 1.11 V, 58 i 12IUI. U4 30 10 54 22 6 14 S(4 105 28 109 ' 27 58 4 6514 104 40 BSU 514 136i 24-14 1201.. 92 75 27 "A 159 354 113 61 ! 87,100 113', 20O 18 200 664 11 2 17 60 it SCENE AT m-r- - - - :: ? K If 3 ' ' I -.,....1... sTlIL fite6B8 x v,'l.,J.r'asa w. . Rock Island. Co... 200 . 15, 15 15 do preferred -4.500 ' SOVj 2B4 294 St L ft S F 2d pfd 100 28 26 251, St L Southwceern . ..... 16 do preferred 38 SI Shef St & Iron 3"X 52 52 51 So Pacific ex div. . 3.90O 864 Sf.14 8U do preferred 100 117- 117 116 Southern Railway. 100 17 1714 ' do preferred..... 42 Tennessee Copper. 40l 36 35 36 Texas & Pacific... 1.100 23 22 2.1H Tol. St L & V 184 do preferred 300 44 . 44 . 44 Union Pacific 35.O0 145 145 143 '4 do preferred 100 83 83 82 V S Rubber.'. 200 ' 24 " 24 24 do 1st preferred 92 U S Steel 11,200 38 37 37 do preferred 1.4O0 102 102 102 Utah Copper 50O 33 33 33 Vir Car Chemical 72 do preferred 99 Wabash 2fl 22 22 11 do preferred 4u0 54 53 22 Westing Electric 51 Western Union ..... 55 Wheel Lake Erie ..... Wisconsin Central 16 Total salea for the day, 153,600 shares. BONDS. NEW YORK. July 1. Closing quotations: V. S. ref. 2s reg.104 IN Y C G 3s. . 91 do -coupon. ... 104 North Pacific 3s. 71 l S. 3s reg 100 (North Pacific 4s. 101 do coupon. ... 100:South Pacific 4s. 86 V S new 4s reg.121: Union Pacific 4s.lOO do coupon. .. .122 Wlscon Cent 4s. 84 Atchison adf 4s. 90 Japanese 4s 79 D & R G 4s SO I Stocks 1 LONDON, Juty 1 Loudon. . Consols for BS. . money. 87: do for account. Anaconda 8.62 Atchison .... 83.50 N. Y. Central 106.00 Norflk & Wes 69.75 . do pref . . . . 98. 00 Bait Ohio. 88 50 Can Pacific. . 164.00 Ches & Ohio. 30.75 Chi Grt West .r,0 C. M. & S. P. 137.00 I do pref ! Ont West . . 'Pennsylvania. Rand Mines.. 'Reading . (Southern Ry.. 81.00 41.75 6187 6.25 57.73 17.37 45. -.0 SS.62 149.23 86.00 .18.73 105.50 12.00 De Beers.... 10.62 D & R G do pref ... . Erie do 1st pf . . do 2d pf . . Grand Trunk 25.00 02.00 'South Pacific. Union Pacific. ! do pref U. S. Steel. . . . I do pref 10.62 35.50 2-1.00 Wabash I do nref 111 Central... 132.00 I. & N 107.50 Mo. K & T. . 28.00 24.00 92.75 67.62 Spanish 4s. . . . lAmal Copper. Money. Exchange. Etc. NEW YORK. July 1. Money on call easy. lfil Per cent; ruling rate; 1 per cent: eloping bid, 1 Vi per cent; offered at 1 per cent. . Time loan?, quiet end easier: 60 days. 1'32 per cent; 9.1 day... 2 per cent; six months. 21.'74 per cent. Prime mercantile paj.er. 3ii4 per cent. Sterling exchange steady with actual busi ner in bankers' bills :it 1M.S643 for demand and at ?4.8563(fT4.8373 for 60-day bill. Commercial bills, 4.83V4iS4.83. Mexican dollars, 46c. -Government bonds, firm; railroad bonds, ir regular. SAN FRANCISCO. July 1. Silver bars, 53K: Mexican dollars, nominal. Drafts Slcht. 12-.e: telegraph. T5c. Sterling, 60 days. $4.Sfi:v . sight, f 4.8714. LONDON. July 1. Consols. 87; silver, 24 11-16; bank rate. 2 per cent. PORTLAND LIVESTOCK MARKET. Prices Quoted Locally on Cattle. Sheep and Hogs. A steady tone was reported In the local livestock market yesterday. Arrivals were heavier than of late, but there was a good demand and prices were well maintained. Less complaint is heard now of the poor quality of offerings ond this tends to im prove conditions. Receipts yesterday were 105 cattle, 40.1 sheep. 105 hogs, 404 lambs and 75 calves. The following prices were current on live stock in the local market yesterday: Hogs Best. $0.25fij0.50: medium, $3.75 6; feeders, no demand Cattle Best steers. $4.23; medium, '$3.73 lff'4: common. $.1.25'fi.1.50: cows. best. Wip 3.25; common, $2. 002.75; calveH, $4.50 5.23. Sheep tflest sheared wethers, $.1.75; mixed, ?3.25?3.30; Spring lambs, $4. SOS 4.73. Eastern Livestock Markets. CHICAGO. July 1. Cattle Receipts, about 18.000; market. 10c lower. Beeves. 4.75(frS.25; Texar.s, $4. 13 0.50 ; Westerns, A II Ull- nr.li awn ar,rl fi.ii.H . '.O TA 1 5.35; "cows and heifers, $2.406.20; calves. $4 'a 0.25. Hogs Receipts, about .12.000- market, steady. Light. $6e.S:; mixed. $& 0.02 ; heavy. foC.05: roughs, $6'-i 0.30; good to choice heavy. $6.30 6.65; pigs, $4.S0C'i5.8O; bulk of sales. $0.30(116.50. Sheep Receipts, about 16,000: market, weak to a shade lower. Katives, $2.75if 4.S0; Westerns, $2.754.S0; yearlings. $4.6093.40; lambs, $4vj.6.40; Westerns. $4(ijG.3u. OMAHA, July 1. Cattle Receipts. 2500; market, 10ft 20c lower. Native steers. $4.30 Ti7.00; cows and heifera. ?:iin'5.50: Western eteei-s, $3.50i6; Texas steers, $3t 5.25: range cows and heifers, $2.754.75; canners, $2ifl 3.50: stockcrs and feeders. $3(5 5; calves, $3 GiK25; bulls and stags, $2.75(n5.' Hogs Receipts. 12.KO0; market. lOc lower. Heavy, $5.95('t( 6.05; mixed, $5.0'lftt 5.05 ; light, $5.S5((i.G; pigs. $55.75: bulk of sales. $5.40 6 0. Sheep Receipts. 3500; market, steadv. Yearlings. $41 4.50; wethers. $3.85(4.25; ewes, $3.50C&4: lambs. $5.750.73 KANSAS CITY, Mo.. July l Cattle Re ceipts, 3000, including 1000 Southerns. Mar ket, steady to weak. Native steers, S5ra8; native cows and heifers. $2.254.60; stock crs and feeders. $3(ft4.80; bulls, $3Ct4.75; calves. $3.25(5.50; Western steers. $4.75 7.50; Western cows. $3ffi4.75. Hogs Receipts. 12.000; market., steady. Bulk of sales. $6(S 6.20; heavy, $t!.20i 6.23: packers and butchers. $600.20; light. $5.ao8i 6.20; pigs, $4.5ori3. Sheep Receipts. 6O00, market, weak. Mut tons. $3.50 4; lambs. X4..i0& 5.S5: range wethers, $3.604.25; fed ewes. $3.233.60. Average Condition of Cotton Crop. WASHINGTON. July 1. The average con dition of the cotton crop In the United States June 25 was 81.2 per cent of a nor mal crop, compared with 79.7 on May - 25 last; 72 on June 25, a year ago; 83.3 on June 25. 19o8, and 81.8 the average of the June condition for the past ten years. This was the announcement mude today bv the crop reporting board of the Bureau of Statistics of the Department of Agriculture, baeed on reports of the correspondents and agenta of the bureau. NEW YORK. July 1. Cotton futures doped steady. July. 9.80c; August, 9.67c; Septem ber, 9.50c; October, 9.3Sc; November. 9.21c: December, 9.22": January, 9.17c; February. 9.17c: March, .8c. THE FIRST CALL OF THE GRAIN DEPARTMENT OF" THIS PORTLAND BOARD STRONG ALL DAY Good Demand for September Wheat at Chicago. CLOSES NEAR THE TOP Advance at Liverpool and Showers In Kansas and Nebraska Are Chief Bullish Influences. July Deliveries. .CHICAGO, July 1. The wheat market wa strong all day. owlnjt to an excellent demand for September. There was scattered selltna; of July by local longs at the start, and this caused slight recessions In prices, but the market soon recovered from this setback and continued strong the remainder of the session. An ad ance at Liverpool and showery weather In Kansas and Ne braska were the chief bullish influences. De livery on July contracts. which totalled about 1.000.000 bushels, were less than had been generally anticipated, and this helped to strengthen the market. The close was strong. September opened He hiffher at sold off to 8.NH k&Srtc and then ad vanced to 8714c and closed at S746C. The corn market was Inclined to be weak early in the day, because of favorable weather for the new crop, but before the end of the first hour, sentiment became bullish 'and throughout the remainder of the day the market was firm. September opened 'hic lower to a shade higher at 7Oi70c, advanced to 71c and closed at 70c. Oats were strong all day, owing to active demand by shorts for the July delivery. Sep tember opened MiC hiRher at Bc, ad vanced to 40c and closed at 30 c. Provisions were easy because of a de cline in the price of live hogs. At the close September pork was down 2Hc at $14.S"H. Lard was off 3($T!c. at .25 0 27V. 'and ribs were 2Vfce lower at fS-45. WHEAT. Open. High. Low. Clnjv. July 84 .SiiH .844 .85 X, September ... .S .r4 - .S .H7' Dec, old Kcii. .iS,4 8Vi .Si' Dec, new ... .tmi .80 Vi .87 .88 CORN. July mi; .TO .i0i September . . -70 .71 .7ti .lai December .til .50Tfc May Goy4 .r.t .59 .1, OATS. July, old . . . -4H .47'4 .4rt .47i July, new - . .45 -4ti .4T .4ti' December ... .40 -4u" .4isl .4(.a4 September ... .:;9- .40' .30 .39 MBSS PORK. May 42 .43 ,4'i .42 'uij i ..); jt.). !...; 4.-i September .14.S5 14.S2V, 14. 821,4 14.H7 October 14.02 14.07 14.02 14. 02 LARD. July ft.15 9.15 0.X214 0.15 September ... 9.25 0.30 0.25 0.27V4 wiuutr ..... u.jv v.uo V...U SHORT RIBS. July 8.S2 8.2714 8.2214 ' 8.274 September ... 8.4."i 8.47 14 8.42',i 840 vitw uer o. i-O 0. 0U e. Ml Cash quotations were an follows: Flour firm. Wheat, No. 3, 05c?$1.05; No, 2 red, 8705; No. 2 corn. 00t71c; No. 2 yel!ow. 73c. No. 2 oats, &c; No. 2 white, &o.52'4c; barley, fair to choice nvitt- lng, 57p'J2c; No. 1 Northwestern. $1.21 ; prime timothy seed, $4 ; short ribs, cides (loose), $Sip8.3 nieis pork. per barrel $14.2i.4il4.7n: lard, per 100 pounds. $0.15; short clear mCea i boxen). f8.5t.jS.7o; whisky basis of high wines, $j..:;5. Receipts. Shipments. Flour, barrels .' 3(1.2tO 212.XJO Whtat, bushels 1 1.1 HI ' D79.O0 Corn, bufhels 413.0UO 4Wt.90ft Oats, bushels 240.0(H) 210, Km Rye. buwhels l.mHj t,nM iiarlty. bushels 32,900 10.0CO Grain and Produce at New York. NEW YORK. July I. Flour Receipts, 13.000; exports, 10,000; firmer and fairly ac tive. Wheat Receipts. 32.000; exports. 05.700. Spot firm; No. 2 red, 7(ffnsc elevator; No. 2 red. 98Vic f. o. b. afloat; No. I Northern Duhith, $l.lfv; f. o. b. afloat; No. 2 hard Winter, $1.HH f- o. b. afloat. As the re sult of a bullish private crop estimate, wheat was more active and decidedly higher today. comml5.olon ho wes and shorts being large buyers, influenced also by strong cables and very light Western receipts. Final prices showed lV4o to lc net rise. July closed 07c; September closed 04c; December closed 90?ic. Hops quiet. Hides firm. Wool and petroleum steady. Grain at San Francisco. SAN FRANCISCO, July 4. Wheat Easy. Barley Ktisy. Snot quotation?: Wheat Shipping, $1.G0 1.05; milling. $l.T5$r 1 .70. Barley Feed, $1.27H!f.30; brewing, nom inal. Oats Red, nominal; white, $1.45$n.50; gray, $1.42(.(&t.50. Callboard sales: Wheat December. $1.52 & bid. Ba rley December. $1 . 25 14 1 - 25 . Corn Larse yellow, $1.85(1.90. European Grain Markets. LONDON", July 1. Cargoes, firmer. Walla Walla, -prompt shipment. M higher, at 35s: California, prompt shipment, lid higher, at 35s Cd. English country markets, 6d dearer; French country markets, quiet. LIVERPOOL. Juyl 1. Wheat. July. 7s 2d; September. 6s lld; December, 6a lid. Weather fine. First Sale of New Wheat. NEW YORK. July 1. Produce Exchange brokers dealt in this season's growth of wheat yesterday for the first time. There was not the same Jollification as took place St" t4 , I ! if X r hf -A SAN FRANCISCO & PORTLAND STEAMSHIP CO. Portland to San Francisco " FARE Including Meals and S. S. ROSE CITY Sails From Ainsworth J. W. RANSOM. Iock Agent, rhone Mala 268. on the cotton exchange when the first bale of cotton of the season was soid and the new wheat did not bring aa much a lat year's yield deliverable in July. In-all 60.000 bushels of the new wheat were sold, and the price was 04 cents a bushel c. 1. f. New York. July wheat sold at the close at 05 cents a bushel. Wheat sjt Tacom. TACOMA. July 1. Wheat, unchanged. Blueatem. 8Sc; club, 86c: red, 84c. QUOTATIONS AT 8 AN FRANCISCO. Prices Paid for Produce In the Bar City Markets. SAN FRANCISCO. July 1. The follow ing prices were quoted In tho produce mar ket today: Vegetables Cucumbers. ft5c $1.75; garlic, 45c; green peaa, 24Hc; string beans. 3 5c; asparagus, 36c; tomatoes, 75c $1.25; eggplant, 41' 5c. Butter Fancy creamery, 22c; creamerjr seconds, 2lc; fancy dairy, 2014c; dairy sec onds, 20c Cheese New, lOftHc; Young America, 13 Eggs Store, 21c; fancy ranch. 22c. Poultry Roosters, old. $3.504. 50; roost ers, oung, $7-ft0; broilers, small. $232.50; broilere, large, $33.50; fryers, $3U5.60; hens. $4&S; ducks, old. $465; young, $57. M Hist lifts Bran, $30$31; middlings. $34$t35. Wools Spring, Humboldt and Mendocino, 15c; Mountain. 4(5 8c; South Plains and Sa Joaqin, 7$i9c; Nevada, 96 12c. Hops New and old crops, l&Q6c; contract OtQlCc, Hay Wheat, $1215.50; wheat and oats, $1214.50; alfalfa. $0fljl3; stock, $S&9; straw, per bale. 55 90c. iruus Apples, choice. $2.75; coir.mon, 25c; I bananas, $lig;i.50; Mexican limes. 1515.50: ' California lemons, choice. $3.25; common. $1 ; cranes, navete. $2.50j3.5o; pineapples, $1.50 4. Potatoes Early Rose. 85 90c; Oregon Burbanks, 75c& $1. Receiptt Flour. 4604 quarter racks; wheat, 105 centals; barley. 1080 centals; potatoe. 1900 sacks; bran. 70 sacks: middlings. 15hJ racks; hay, 580 tons; wool, lti2 barrels; hides 580. Dried Fruit at New York. NEW YORK. July 1. TWe market for evap orated apples ehowa no change either for fu ture delivery or for spot, which Is more or less nominal in. the abfence of the Important business. Fancy, loigrloVjc; choice. 8&0c; prime, 6Ts-74c; common to fair, 5M-c. Prunes are dull on spot, with quotations ranging from 3c to 13c for California, and from 54c to 74c for Oregons up to 30-4w. Aprlcola are pretty well cleaned up on spot, but no improvement Is reported in prices, with choice quoted at 10c; extra choice. llffillVjc; fancy, 12 13c. Peaches are also" unchanged, with choice quoted at 8t$c; extra choice. OfrOV&c: tancy, lOVic. and extra fancy, llty.nc. Raisins are dull, with loose muscatel quoted Et &VfrVic; choice to tancy seeded, 6-t 7l4c; seedless, GtfOc, and London lavers. $L25 01.35. . Eastern Mining; Stocks. BOSTON, July 1. Closing quotations: Adventure . . 4 00 $ 4.00 ! parrot 23.00 28.75 !Quincy S5.00 0.124 Shannon 13.25 14.50 Tamarack ... 5S.0O .25 'Trinity 12.OO 0(10.00 Irnlted Copper tf.50 2-3.00 T. S. Mining.. 35.75 s 71.50 T. S. Oil 24.50 10.02 Ftah 40 25 9.12 Victoria 4.50 00.00 iWlnona 5 25 19.00 'Wolverine ...130.00 4.50 'North Butte.. 05.75 0.00 iButte Coal... 22.10 , 5S.00 Nevada 11.50 .50 !Cnl & Ariz. .. HIS. 00 l 33.50 Arl Com 17.50 08.50 .Greene Can 10.0O AHouez Amalgamated Atlantic Bingham Cnl & Hecla. Centennial . , Topper Rangi Daly West.. Franklin Granhv Isle Royale. Mass Mining Michigan . . Mohawk Mont C & C. Old Dominloi Osceola .... NEW YORK. July J. Closing- quotations; Alice 2r,2 'Leadville Con... 7 Breece 225 'Little Chief 5 If runs wick Con. 5 'Mexican ....... 49. , Com Tun stock. 2S lOntario 40 ao Donas 14 'Ophlr -,! I C. C. & Va 52 Small Hopes 18 Horn Silver 50 'Standard . . 175 iiuu ouver jfu ;ieiiow Jacket... 43 ' Metal Markets. NEW YORK. July 1. A decline of Is 6d was reported In the London tin market to day, with si5t closing at 124 5s. and futures at fl25 7s Od. The lot a I market was weak and lower in sympathy with spot quoted at 27.0(fi27.5c. Copper declined to f56 6s for spot, and 57 for futures In London. The local market was unchanged but weak; Lake quoted at 1 2. 02 14 '512.75c; electrolytic. 12.57y.i12.62c; and casting at 12.25I2.a7Vc. Lead advanced la :td to 12 (Is 3d In Lon don. Locally the market remained dull at 4.4off4.5;c. Spelter declined to 18 5s in London, but waa dull and unchanged at 4.45-ff4.50c locally. Iron was lower at 51s IHd for Cleveland warrants In the English market. The local market was unchanged. No. 1 foundry Northern. $16.50 17.00; No. 2 do. $15.75(3) 10.25; No. 1 Southern and No. 1 Southern soft, $16.50(gl7-25. Dairy Produce in the Kant. CHICAGO. July I. On the Produce Ex change today the butter market was eaty. Creameries. 195 22c; dairies. 17(5 21c. Eggs firm; mark cases included, 14tfl4Vc; firets. 15c; prime firsts, 1714c. Cheese, easy, llfgllc. NEW YORK. July 1. Butter Firm; creamery specials. 224 c ; extras, 22 'i c. Cheese Easy, unchanged. Eggs Steady, unchanged. Coffee and Sugar. NEW YORK. July 1. Coffee futures closed steady, net unchanged to five points higher, only one month being unchanged. Sales were reported of 22.500 bags. Including July and September, 8.05c; December, 6.00c; March, .05c; May and June, O.lOc; July, 1908, 0.15c. Spot coffee quiet; Rio No. 7, flVjc; San tos 3 w .r,y-". . x.'Bv''';" yc- it OF TRADE. -;:y:;:;::s;:;:;r;:::;::::; 1 x. ... i--- . -r -i. ..vj'.wM'iMirwt ': 1 fTSi' i r $S.OO Berth Dock, 9 A. M., July 4th '. M. J. ROCHB Ticket At.. 143 3d St. Alain 402; A 1403. No 4, 84c. MUd quiet; Cordova. 9 Sugar Raw firm; fair refining. 3.86c; cen trifugal. .0; test, 4.3tic: molasses sugar, 3.81. Refined steady: crushed. Cl0c; pow dered, 6.50c; gTanulated. 5.4oc. Wool at St. Louts. ST. LOUTS. July 1. Wool firm : medium grades, combing and clothing. lS,s5i2N.-; UgM fine. ItMftrtUc; heavy fine, ll$j (,12c; tub washed. 2o2c. Prod u oe Exchange CIoe Friday. NEW YORK. July 1. The Produce Ex change here will be closed Friday, July 3. Hops at London. LIVERPOOL. July 1. Hops in London, Pacific Coaet. firm. 1 5s'o2 10s.. Big Coal-Mines Reopen. KITTANING. Pa.. July 1. After lonpr idleness, the miners of the Great Lakes Coal Company, at Kayler, near here, have been put Into operation, employ ing 1400 mn TRAVELERS' GUIDE. FORTLAND RY., LIGHT A FOWR CO. CARS LEAVE. Ticket Ofllre mnd Waitinc-Room. jf'irftt and AUler htreel. for . Orriron City t. 6:S0 A- M.. and .very 30 minutes to and ll eluding P. M , then 10. 11. P. M. ; last car 12 midnight. tiresham. B'rlaK. Eusle Cireek, Knta. rada, Cazadero. Falrvlevr and Trout dule iT:15. 0:15. 11:15 A. M.. 1:15. 8:43. '6:15, 7:25 P. M. FOR VANCOUVER. Ticket office and waitlng-ro -m Second and Washington atreets. A. M. 0:15', 6:50. 7:25. 8:00, 8:85. 9:10, 9:u0. 10:30, 11:10. 11. 00. P. M. 12:30. 1:10. 1:50. 2:30. R:10. S:50, 4:30. 5:10. 5:50. 6:30. 7:05. 7:40. 8:l.-. 0:5. 10:35. 11:45-. On Third Monday in Every Month the Last Car Leaves at 7:05 P. M. Dally except Sunday. Iaily except Monday. 1 DAYS "J. VACATION INCLUDING BERTH AND MEALS CRUISE AROUND THE SOUND On the Big Ocean Steamers "PRESIDENT" u GOVERNOR " t'lTY OP Pl'EBLA" Vialtingr Tacoma. Seattle. Everett. Anacortes, Bellingham, Vancouver, B. C. Ask About It Today. Pacific Coast Steamship Co. E. I'". DeGrnndpre, p. V. A. Main 29 or A 2293. 249 Washington St. jamburg-Jtmerican. WEEKLY SERVICE TO LONDON PARIS HAMBURG. GIBRALTAR NAPLES GENOA by Ljirge. Luxurious Twin Screw Steamers; all modern appointments. . 908 Market St.. San Jr'rancisco, and IL. B. Otficea in Portland, Agents SAN FRANCISCO & PORTLAND 8. S. CO. Only Direct steamers and Daylight Sailings. From Ainsworth Dock, Portland, a A. M. S. S. KoKe City. July 4. 20. etc. S. S. Mute of California, July 11, July 25. From Lombard St.. San Francisco. 11 A. M. S. S. State of California, July 4, 20. etc 8. 8. Ilmie City. July 11, 25, etc.. J. W. RANSOM. Dork Agent. Main 'JUS Ainsworth Dock. M. J. KtK'HE. Ticket Agent. 142 3d St. Phone Main 402. A 1402. North Pacific S. S. Ca's. Steamship koanoke 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. U. Young, Agent. Fast Steamer Chas. R. Spencer Daily round trip, Astoria and way landings, leaves foot Washington at. 7 A. M. ; leaves Astoria 2 P. M. FARE, $1.00; MEALS, SOe. Sunday Excursions 8 A. M. $1.UQ ROUND TRIP. Phone Main 8619. REGULATOR LINE. Fast Steamer Bailey Gutzert. Round Trips to The Dalles Week Days, Ex cept Friday. Leave 7 A. M. ' Round Trips to Cascade Locks Sunday, Leave 0 A. M. DALLES CITY ANO CAPITAL CITT Maintain daily service to The Dalles, except Sunday, calling at all way landings for freight and passengers. Leave 7 A. M. Alder-Street Dock. Phone Main 014. A .1112. C. GEE WO The WeU-Known Reliable CHINESE Root and Herb DOCTOR Has made a Ilf study nf MMti nnd herbs, and 4 In that study discovered and Is giving to in. world his wonderful remedies. No Mercury, Poison, or Drue. Used H. Cure. Without Operation, or Without to. Aid of the Knife. He luarantees to cur. Catarrn, Astnma. uus, tlsm. Nervousness, Nervous Debility, stom ach. Liver. Kidney Troubles; also Lost Man hood, Female Weakness and AU Privat. Disease.. SURE CANCER CURE. Jnst Received from Peklnc. China Safe, Bur. and Reliable. IF YOU ARE AF FLICTED, DON'T DELAT. DELAYS AR3 DANGEROUS. If you cannot cal, writ, for svmptom blank and circular. Inclose' 4 cents in stamps. CONSULTATION FREE. The C. Gee Wo ChlneM Medicine Co., 162Mt First St., Cor. Morrison. Portland, Oregon. Please Mention This Paper. FOR WOMEN ONLY Dr. Sanderson's Compound Sav in and Cotton Hoot Pills. th best and only reliable remedy for FEMALE TROUBLES A"0 IRREGULARITIES. Cure tha most obstinate cases in 8 to 10 days. Price $2 per box. or S boxes $5. Sold by druKcUts everywhere. Address Dr. T. J. PIERCE. 181 Flrafc At .PerUaad Oregon. Fhoae Mala iOOtK