Morning Oregonian. (Portland, Or.) 1861-1937, August 11, 1908, Image 15

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Morning Oregonian., August 11, 1908, Page 15, Image 15

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Newspaper Page Text15 THE 3IORXIXG OREGOXIAX, TUESDAY. AUGUST 11, 1908 t I f .. - . ., - ..-.. ' FLURRY IS OVER Excitement in Local Wheat Trade Subsides. PRICES DECLINE A CENT Bnytng In the Country Is on a Re- duced Scale Active Trade in Local Produce Markets. Hops Are Dull. The flurry In the wheat market, which kpt the local trade In an excited elate !at week., seems t-3 have spent Its forc' Judgtna from the reports received from the country yesterday. Buying aa on a much smaller scale than n any day last week, and fewer firms were engaged In the effort to relieve the farmers of tlulr crops at a price In excess of the marketable value of the article. Whether the exporters have cot their fill of h!ch-prlced wheat or withdrew for some other reason Is known only to theneives. At any rate, the ac tivity of the market subsided and with It prices fell hack a cent all around. The change In the situation evidently af fects the Board of Trade members, for no offers were made for wheat at the hoard. For September oaf. 1 22 and J1.224 were, hid and l.:2i was hid for December, while $1.15 was bid for barley, both deliveries. Receipts for the two days were 41 cars and 2!'5 sacks wheat. . 4 cars barley. H0 acks flour and 8 cars and 350 bales hay. The weekly grain statistics of the Merchants- Exchange follow: American visible supply Increase. iUishel. S2 1.000 ir.s.oO') 2,o:if.0trt 1.l.O0i 45.OO0 :t i r. . t k 2o0.oiVI -.s3.IHH TSli.UOO Bushels, .it; mis. "ii .4;'. 4.YOfM" .:;l.72:i.'"" . i:; ti:t!.oio . l.'.'.'HIO .i:tjoo.niMt .21 .77:I.OOO .2S.210.0o . 4s.2TS.tuio .3.25ii!ooo August 10 isns. . August IX !" A:liist l.'t, lie"!. . August 14, I'.hCi. . August 11. 1B0I.. August !, lli":s. . August 11, 1:"2. . August ii mi August i;t, -August H.I.Vill.. Decrease Quantities on passage Week Week onil-n? ending Week ending Aug . Aug. 1. AUg. I Bushels. Tlushels. Bushel", nii-'nnno i4.40o.oon is.sihi.ooo k .-ijo.ooo o.iso.ono k.hi.o.m For U. King. Continent Total 1S.240.O0O 2-1. .120.000 2ll.S0O.O00 World's shipments principal exporting countries, flour Included Week ending Aug 8. From Bushe. U. P ft Can. 2.17iV OoO Argentine . .2.H.1.S.OOO Australia ... aoi.ooo India Panuhe Ports 2.10 ooo Russian I.-.2.0OO Week Week ending ending Aug I. Aug. 10. -07. Bushels. Bushels. 2..ot'.ooo 3.27':.ono StVl.OOO rtrts.ooo 2.oio.oih 2 t2o.ooii l.:;iO ooo .104.000 .-rt.fMtO i:ti;.ooo 4MI.IVIU Total .5.424 OO0 5..HIS.0O0 10.021. OOO LOCAL FR11T MTPLY IS I.AROK Commissioner Beld Haa Ordered RlfHd In spection af All Reeeipts. Not only was the demand for fresh prod uce active yesterday, but the street wbs heavily stocked yith nil seasonable varie ties, arrivals belns the heaviest for many days past. The receipts Included two full cars and several smaller shipments of can taloupfS. and one car each of wa terrm Ions, peaches. p?rs. oranges and- lemons, sweet potatoes. Walla Walla onions, and a mixed car of vegetables and fruit from Sacramento. Express receipts were also heavy. The ac tive demand in every line kept prices very firm. District Fruit Commissioner James H Keid has ordered a rigid inspection of all California and local fruit before It leaves the car or boat and no Infected supplies of any kind will be allowed on the market. Mr. Reld says that the fruit that has reached Portland to date has been in excel lent condition. Fancy Kggw Are Scarce. Receipts of eggs for the cast 4S hour I were 212 cases. The proportlono of the ar rivals that will grade as extras Is very mail, and this fact has Induced some handlers to advance their quotation a c-?nt, though the general price quoted on this grade yesterday was 25 cents. Poultry receipts were light and the mar ket nominal. Butter was firm and unchanged. Receipts for bunday and Monday were 7(1 cases. Hop Market Almost Neglected. Trading In hops is on a small scale and la likely to continue light during the re mainder of the season. t A carload has been sold by Allen & Dunn.' of Dallas, to II. L. Hart, at 4 cents, and E. H. Herren has bought SO bales of olds from Hensil & Stln aon. of Eugene, at 1 W cents.- One or two dealers are said to be In the market for contracts at S-fjO cents, but It Is not re ported that they have closed with any growers. Bank Clearings. Clearings of the Northwestern cities yes terday were as follows: Clearings. Balances. Portland - Sl.2.77 $ K7.4H7 Seattle 1.37 S59 217.1:17 Tacoma 747.711 40 270 Spokane 1.1 10.087 133.S16 PO BTLAyu MARKETS. Board of Trade' Grain Quotations. WHEAT Track prices: Club, KDc per bushel; forty-fold. ;ic: red Russian, S7c; biueetem. 9:ic; Valley, 8!c. FLOUR Patents. 14. So per . barrel: straights. 4 0594.35: exports. S3 70: Val ley. $4.45: 44-cack graham. 94.40; wool wheat. $4.65: rye. $5.50. BARLEY Feed 12160 per ton; rolled. 25 i 26; brewing. 28. MILLSTl'FFS Bran. $26.00 per t'.n; mid dlings. $50.50: shorts, country, $28.50; city. $28: V. S. Mill chop, $22 OATS No. 1 while. $26.50 per ion; gray, $26. HAT Timothy. Willamette Valley. $14 per ton; Willamette Valley, ordinary. $11; Eastern Oregon. $16.V: mixed. $13; clover, $u: alfalfa. $11; alfalfa meal, $20. Vegetables and Fruit. FRESH FRUITS Apples, new California. $! L'.'.'1 1.75 per box; cherrtea. 3ij10c per lb.; peaches. fiT.chfl per box; prune. $1.25 per crate: Bartl.'tt Bears. S1.50.' 1.75 per box: plums. 40ft r.tlr per box; grapes. Sl.25tt l.50 per crate; apricots. $1; blackberries, (l.iv tf 115 TROPICAL . FRUITS Oranges. Mediter ranean sweets. $3.75 per box: Valencia lstes. $3.50i 4.50 per box; lemons, fancy. 43 5"ft6 per box; choire, S4.50'a5; standard, $:1.50 per box; grapefruit, choice to fancy. S3 50 rer box: bananas. 5Ur&uc oer nound. POTATOES Buying price: iHicJjfl per nunnren: sweet potatoes. per pound. MELONS Cantaloupes. $2.50u: per crate; watermelons, $1.50 per loo lnog: crated. 14c per pound additional: casahas, $2.50 per doz. ONluss California, $1.50 oer sack: Wa" Walla, $1.15125; garlic, 10c per pound. ROOT VEGETABLES Turnips. $1.50 pef sack: carrots, $1.75; parsnips, $175; beets. $1 50 VEGETABLES Beans. . 5c per pound: cabbage. 221tc per pound: corn. 25?:(Oo per do. ; cucumbers, hothouse, 257f30c per dozen; outdoor. $1.00 per box: egg plant. 10c per pound: lettuce, head. 15c per dozen: parsley. 15c per dozen; peas, fie per pound: peppers. 8 10c per pound: rad:shee. I2c per dozen; spinach. 2c per pound: tomatoes. 50c$l per crate; celery, 80c$l dozen; artichokes. 75c dozen. Dairy and Country Produce. BUTTER Extras. 27l.it: per pound; fancy. 25c: choice. 20c; store. 18c. EGS Oregon extras. 25c: ft-sts. 2:tfT24c: seconds. 21622c: thirds. 15fi20c: Eastern. 23 t 2tc per dozen. POULTRY Mixed chickens. II-SIHiC lb; fancv hens, 1212c; roosters. 8fi!c; Spring. 14c; ducks, aid. S!iOc, Spring, lu'a) 41c; geese, old. ; goslings. 10311c; tur- kevs. old lSfllSc: young. 20c. I fHJlFSE Fincv cream twins. 14140 per pound: full cream triplets. 14iic; full cream Young America. 15 lie VEAL Extra. ('5K1zc. per lb.; ordinary. Tfi 74c; heavy, 5C. Pork Fancy. 7c per lb.; ordinary. 6c, large. 5c. MUTTON Fancy. S9c ProTlsIona. HMs 10 to 13 lbs.. 17c: 14 to 16 Iba. 16VaC" IS to 20 ibs., 10c: hams. 6kinned. picnics, loijc; cottage roil. 12c; shoul-d-, 12c; boiled ham. 23c; boiled picnic. . r- .. oi IK - Jbtandard. lP'je; choice, lsc; Englisn. IiSI.'.jc; strips. '''dry SALT CURED TJcgular short clears. dry salt, iliac "'i'uDU' '-Ii' ... - A backs, dry salt. 12c; smoked. 13 i,c; Ore gin expoits. belHea. dry sait, 12!c; smoked. LARD Kettle rendered:" Tierces, 13c: . . .... r. .ui... ilk.' in 14c: tubs, lo it:, ' " ' - ---7 ' 6s 14 Wc- 2s, 14c. Standard, pure: Tierces, lvc; IUOS. 7Z"- " -- - ' 12c- los. 13c; 5a, 13ic Compounds: Tiercis. bVc; tubs. Sfcc: SO. bc; 2os. gc; los, 0V,c; 5s. c. SMOKED BEEF Beef tongues. each. 70c dried beef sets. lJc; dried beef out sides. 15c; dried beef lnaldes. ISc; dried beef knuckles. 11c. PICKLED GOODS Barrels: Pigs- feet $13- regular tripe. $10: honeycomb tripe. $12; pics' tongue.. $li.00; lambs' tongues. $25: js. P. beef tongues. $20; pig snouts. $12-0; fig ears, $12. 5U. MESS 51 EATS Beef, specials. $13 per barrel: plate. $14 per barrel; family. $14 per barrel; pork. $21 pec barrel; brisket. $25 per barrel. Groceries, Dried Fruits. Etc DRIED FHL'ITS Apples, 7 4o Pr pound: peaches. ll12ic; piunes, Italian, SiniViCi prunes. Freuch, 3S5ci currants, unwashed, cases. 9WC, currants, washed, cases. 10c; Uks. white, f.ncy. 5-pound boxes, eiic. RICE Southern Japan. Sic; bead. 8c; imperial Japan. 6vc cuFFEK-ilocha. 21 628c; Java, ordinary 17420c; Costa Rica, fanty. ISjJOc; good, lowiisc: ordinary. 12&16c per pound; Co lumbia Roast, 14c; Arbuckie. $1U.S0; Lion, ''sALSlON Columbia River, 1-pound tails. $2 per dczen; 2-pound tails. $2 115: 1-pound Cats. $2 10; Alaska pink. 1-pound tails. ic; red. 1-puund tails. $1.45; soc:.jes. 1-paand tali's. $2 SUGAR Granulated. $625; extra C. $0.75. golden C. $5.05; fruit and berry sugar, $6 25;- plain bag. $6.05; beet granulated. $6.05; cube barrels. $6.05; powdered (barrels). $8 50. Terms: On remittance within 15 days deduct (AC per pound: if later than 15 days, and within 30 days, deduct ho per pound. Maple sugar. 15U1S0 per pound. . ' . NUTS Walnuts, lO'jglSc per pound tiy sack; Biazil nuts. 16c: filberts. 10c; pecans, ltic; almonds. 16Vi'lSc; chestnuts. Ohio. 25c: peanuts, raw. 648c per pound; roasted. 10c; pinenuts. 10412c; hickory nuts loc; cocoanuts, itOc per dozen. SALT Granulated. $14.50 per ton. $2 per bait-: half grouno. looa. $10 per ton; Sos, $10.50 per ton. BEANS Small white. 51ic: large white, 5c; pink. 4!c; bayou, 4c; Lima, oc; Mexi can red. 44ic HONEY fancy, $3 5003 5 per box. CEREAL FOODS Rolled oats, cream. 90 pound sacks, per barrel. $7; lower grades, $5.00'o650; oatmeal, steel-cut. 45-pound sucks. $S per barrel; 9-lb. sacks, $4.25 per bale; split peas, per 100 pounds, $4.20if 4.S0; pearl barley. $4.5035 per 100 Iba; pastry flour, 10-pound sacks, $2.75 per bale; naked wheat, $2 75 per case. GRAIN BAGS OVic each. Mops, Wool. Hides, Etc HOPS lbU7. prime and choice, 4ft 5o per pound; uld3, 2U'2.zc per pound; con tracts, HfclOc. WOOL Eastern Oregon, average best. It 16c per pound, according tu shrinkage; Valley. K.lOVjC .,,. MuHAlK Cuolce. 18lSVjc per pound. HIDES Dry hides. No. 1. 14c pound; dry kip No 1. 13c pound; dry salted, one-third less'- dry calf. 15c pound; salted steers. 7u So pound; salted cows. 6c p -und; stags and buli. 4c pound; kip, tic pound; calf, lOjj'llc pound' green slock, lc less; sheepskins, siicai'llngs. 10S2ic; short wool, 3u4uc; medium and ioug uool. accoiding to qual ity oOiuttKIc; dry horses. &Ocfcl.50; dry colt, 25c; angora, sue a S 11 goat, common. li)it 2oc. FUi:S No. 1 skins Bear skins, as to size. No. 1. each. $5.00J10; cubs. each. $l(i 3; cadger, prime, eacn, 25fip50e; cat, wjld, w'ith head pertect. 30f5Uc: house. 5i2oc; fox. common gray, large prime, each. 40o 00c red. each. $35: cross, each. $5015; silver ard black, each, $lo0fc39O; fishers, each. $5 & 8; lynx. each. $4.50&ti; mink, strictly No. 1. each, according to size. $1& 3; marten, dark northern, according to size and color, each. $10ul5; marten, pale, ac cording to size and color, each, J2 504; muskrat, large, each, 12315c; skunk, ea.cn. Hi40c; civet or polecat., each. 5415c; otter, for large, prime skin, each, $010': panther, with head and claws perfect, each, $203; raccoon, for prime large, each. 5075c; woif. mountain, with head perfect, each, $3 5015 5 00; prairie (coyote). 60c 1 1 10 ; wolverine, each. SO'tfS.OO CASCARA BARK New. SSc: carloada 4c; old. 4c; carloads, 4Wc per pound. Coal Oll.'lJnaeed Oil, Etc REFINED OILS Water while. Iron bar rels. lOVsc: wood barrels, 14 He. Pearl oil. cases. 18c; head light. Iron barrels. 12Vjc; cases. lwVic: wood barrels. 10 fee Eocene, cases. 21c. Special W. W.. Iron barrels. 14c; wood barrels. 18c. Elaine, cases, 23c. Extra star, eases, 21c. GASOLINE V. M. and P. naphtha. Iron barre's 12'c, caes. 19jc. Red Crown gasoline. Iron barrels. 16UjC; cases. 22V4c: motor gasoline. Iron barrels. 15 toe; cases, 22?c: M. gasoline, iron barrels, 30c: cases, 37i,c: No I engine distillate. Iron barrels. 9c; cases. 16c. I.INVEED Ollj Raw, barrels, 55c; boiled, barrels, 57c; raw.- cases, tile; boiled, cases, 63c. QUOTATIONS AT SAX FRANCISCO. Prices Paid for Produce In the Tiny City r Markets. SAN FRANCISCO. Aug. 10. The follow ing prices were quoted in the produce mar ket today: Millstulta Bran. $2SQ3l; middlings, $32.50e 36. ' Vegetables Cucuml-ers, 25fi'50c; garlic. 4-5c; green peas. 2'a3c: string beans. 30 4c; asnar;igus. 3iSc; tomatoes, 75cTi$l.f0; eggplant, 5n'(i05e. Butter Fancy creamery, C5'jc; creamery seconds, 24c; fancy dairy. 22c; dairy seconds. 20c. Cheese New, lOVliffllVic: Young America. 12S '11 13c. XsStore. 2!ic: fancy ranch. 34tr.c. Poultrv Rooeten. old. $2.5oii4; roosters, young. .Vq7; broilers, small, $2.,M'fl3; broil ers large, $3; fryers. $4'd5: h-ns, $4-5; du.ks. old. $4'o5; young. $3.504.So. V00j spring. Hunib.Mt and Mendocino, 15'iylSc; Mountain, 4 o)8c: South Plains ana Sun Joaquin, 7i: Nevada. 03-12C- Hav Wheat. $I4$?1S; wheat and oats, $12gl6; alfalfa, 1 1 'El 13.50; stock, $S10; straw, per"bale. 6f'S '75c. Frulta Apples, choice, ' $1.00; common. 40c; bananas, $13.50: Mexican limes, $4 (rt.-.; California t lemons, choice, $5.50; common. $1.25: pineapples. $1.5063 Receipts Flour. 5230 quarter sacks; wheat. 1720 centals: barley. 11.".5 centals: oats. 5S5 centals; beans, 500 sacks; potatoes, 6701 sacks; hay, 910 tons; .wool, 2 bales; hides, 750. Eastern Mining Stocks. BOSTON. Aug. 10. elosing quotations: Adventure ..$000 IParrot 2S.75 Allnuez 30.0(1 (Juincy Iitt.oo Amalgamated 2-H2 hi shannon Mtl. 12V4 Atlantic , 14.50 Tumarack ... 75 ih Bingham 50 iTrinlty 24 00 Cal & HecU.C'.iO.OO U". S. Mining.. 44.00 t'entennial .. SI 00 I". S. oil 27.25 t opper Range so .00 Irtah -i 40 00 Daiv west... 10.50 Ivictoria .o Franklin 13 5" iWinona 7.O0 Cranby 103.00 I Wolverine ...143 .00 Isle Rovale. . 22 50 North Butte.. S4.50 Mass Mining. 7.50 iButte Cosl... 2s oil Michigan 13.50 INevada ...... 137'4 :ohawk fill. OO S al & Arl...127.oi Mont. C & C .77 Ariz Com 23.75 Old Dominion . 4.50 iGreene Can... 12.25 Osceola j . . .1 10 00 1 Alice Breece Brunswick C Com Tun sto do bonds. . C C St Vl. . . 225 'Iadville Con..-. 33 5 'Little Chief S 10 Mexican 75 22 I Ontario 175 17 lOphir 210 .so 'Small Hopes . l.s 50 IStnndard 175 125 Yellow Jacket... 52 tried Fruit at New York. NEW YORK. Aug. IO. The market for evaporated applca Is very moderate on spot with a spare demand for futures. Fancy are quoted nt loiioic; choice. vt'.v. prime, 6Ts"ti7V4C. and common to faix,at 5'ftittie. Prune are firm on the Coast and consider able demand Is reported foe fewward ship ment. The spot market is unchanged, with quotations ranging from 4c to 13c for Cali fornia and from fiiC to 7tc for Oregon fruit. Apricots are rather easjer in tone, but the higher grades are acarce and well maintained. Choice are quoted at Kfc'WDc; extra choke, BfiOc. and fancy, lOtj-nllc. Peaches are easy, with choice quoted at 7fT7"ii-: extra choice. 74-TTsc; fancy. SJ4 Sc. and extra fancy, O'aHlc. Raisins arc in active demand for shipment from the Coast.' with the tone firm. Loose muscatel are quoted at 4?-filic: choice to fancy seeded at tH'dc: seedless, 5S6c, and London layer at $1.6o1.6&. DENUNDISBHOADEH Promotes Upward Tendency of Stock Prices. IN SPITE' OF SETBACKS Smelling and Lead' Afrected by Eos ton Advertising; Campaign Many ' Inactive Stocks Dealt In. Bonds Are Firm. . NEW YORK. Aug. 10. The tone of the stock market was nervous and irresular at times today, but the sweep of the broad ened demand was sufficient to dominate the upward course of prices In spite of some setbacks and some obstacles opposed to it. Within an hour after the opening there was a break in prices that approached in violence that of last Friday. The same storks. American Smelting and National Lead. were conspicuous features of the break, which was supposed to he due to a phase of a sensational advertising cam paign to attract speculative interest In the market now being waged by a Boston spec ulator. Th fervor of the appeals offered to the reading public to come into the mar ket and make their fortunes was supposed to be taken advantage of In a timely man ner for havy unloading on this account. The heavy selling was otherwise attributed to the account of professional operators, who timed it with the morning's advertise ments from Boston In the theory that pre vious similar outbreaks had marked the cul mination of a rising movement In prices. There was a noticeable increase in buying orders from outside sources. The volume of these miscellaneous orders was iarger than on any Monday morning since the rise set In. The market was rendered rather fever ish by the influx of many orders for execu tion "at the market" without specifying- a fixed Drlc. Professional traders are quick to detect such a state of affairs, and will bid up prices boldly to get the benefit of these unlimited orders. The day was notable for the number of usually dormant stocks which were awak ened 'into activity. The movements were heralded in more than one case by wide spread tips circulated throughout the finan cial district. The til's were sometimes the only apparent cause for a rise in prices. The news of the crops was reassuring and Indicated that such damage as was being suffered by the corn and Spring wheat crops from drouth and heat was being lim ited and checked short of the actual dis aster which waa depicted in seme of last week's excited rumors. Copper advanced again here and in London. The highest prlceR of the present movement in stocks were made during the day and the advances were well sustained at the close. Bonds were firm. Total sales, par value, fl.u'.io.ooo. United States bonds were un changed cn call. CLOSING STOCK QUOTATIONS. Cloelng Sales. High. Low. Bid. Ami) Copper 33. loo 83t4 S2 82T4 Am Car Foun. 5,400 42 41 41-, do preferred ..... 102- Am Cotton Oil... 5.S0D 3RH 35 35 Am Hd & Lt pf. 2iH) 22 21 lj 21 4 Am Ice Sccurl.. 11,000 31 2sa 3i' Am Linseed Oil.. fx-0 134 1S1 13 Am f.ocomotlve.. B.4O0 58 57 4 57 do preferred ... 1"0 HO 1"9 US Am Smelt Ref. itt.Ooo I02&4 poej 101, do preferred ... 2l llo 114 1H9 Am Sugar Ref... 11,200 137 133 4 134 Am Talioico ref.. 200 93 4 834 S14 Am "Woolen 26 Anaconda ilin Co. 9.4in 504 49 i AtchUon 8.&00 M4 84 di. preferred ... 3n H5 !44 94 4 Atl Coast Line... 900 t2 ' 924 "2 Bait & Ohi. 30,700 954 934 95 do preferred 84 Brook Rap Trnn.. 87.fiOO 57 4 ''tt SftS Canadian Pacific. 1.2O0 1734 172 4 173 4 Central Leather .. 4. IOO 3o 24 294 do preferred ... 10O 874 '4 P7 4 Central of -N" J 20 Ches & Ohio a.fioO 44 42 434 Chicago Gt West. "0 7 ft, 6?4 Chicago & N W.. 1.70O 1B34 1B24 163 C.-1 & St Paul. 59.800 147 1444 I4B; C. C, C St L. . ICO 59 50 54 Colo Fuel A Iron. 14.o0 35 4 334 .154 Colo Southern... 3.4O0 34 334 334 do 1st preferred. 5HO 3 62-4 B3 do 2d preferred. 1.400 53 53 4 534 Consolidated Has.. l.flnO 134 1394 1S4 Corn Products ... 6.3"0 2i4 19 204 Del & Huds.n 1.900 174 173 173-1, D & R Grande.. 500 27 27 27 do preferred 0-s Distillers' Securl.. 1.3"0 3S 38 3K4 Erie 7.7O0 24 24 4 24 4 do 1st preferred. 4no 401, '34 4"s d- d preferred. of 30 3o 28 4 Oenercl Electric. 2s Itrt'j 140 I44 Gt Northern pf.. 12.3110 139 13S4 lSSi Gt Northern fire.. 2,50 (it.4 K74 K7:lt Illinois Central .. l.floo 1404 1304 1394 Interborough Met. 21. Poo 134 12-4 134 do preferred ... 22.0OU 3B4 35i 37 Int Paper l.SOO 11 4 10 11 do preferred ... 200 5S SS 58 Int Pump 2.r0 204 25 4 24 Iowa Central .... 2"0 174 17 174 K C Southern ... 300 254 25 4 25 do pieferred ... loo 57 4 57 4 S"V Louis & Nashville 6O0 1114 111 1114 MexL-en Central lfi Minn & St Louie 400 304 30 28 M. St P S SM. 4O0 1194 IIS14 119'5 Missouri Pacific.. 1.4fl 1 5s 674 54 Mo. Kan Texas 2,201) 324 314 32 do preferred 64 National Lead ... 7.500 90 87 R8 N Y Central S.300 11"4 lost, HON,' N Y .Ont & West. 3,100 434 42 42 Norf.Hk West.. 1800 75 4 74 4 7414 North American,-. 20i 4 B44 04 Northern Pacific. IR.ROO 144 4 143 144 4 Pacific Mail 300 24 20 254 PennsvHanla ..... 21.900 1 20 1254 120-4 Pd.ple's I5 ... 1.1 '' ftt4 M!i P. C r & St I.... IOO 74 74 75 Pressi Steel Car 1.000 364 3 M'i Pullman Tal Car 17 Rv Steel Spring.. loo 45 45 4., piadlng 153.300 1204 127 124 Republic Steel . .'. 3.700 25 24 25 do preferred ... 1.R00 824 824 82 R..ck Island Co.. 7"0 19 17 184 do preferred ... 6.4CO 374 5 74 St. 1. S F 2 pf. t'W 29 4 2!4 294 Rt L Southwestern 1C0 17 17 17 do preferred . . . 2Ci 40 40 40 S'oss-Sheffield 50O 04 R 04 U SMithern Pacific .. 22.900 97 054 904 do preferred ... 2O0 IIS4 II84 118 Southern Railway.. 4R0 ?n 20 20 do preferred ... 7 514 51 .114 Tenn Copper 1.4"0 39 39 394 Tcxae & Pacific. 500 254 25 25 Tcl St L West. 3.400 2.M, 234 20 do preferred ... 200 58 5B4 574 do preferred ... 1.400 83 82 S24 1-nion Pacific : . 129. BOO 1594 15 1594 V S Rubher .... I.IOO 374 3fil4 3B do 1st prererrea. i.insr ii-i- ii itm s; steel 84.300 4R 47 474 do preferred ... 8.400 II04 1093 II04 Ttah Copper .... 4.4O0 44 45 45 Va-Caro Chemical. 2.400 30 28 24 do preferred. ' ' 10i4 Wabiwh 00 14 134 "4 do preferred ... 1.100 284 27 28 WesjUnghou'se Elec i;; . '5 Western Vnion . . . 30O 5, 5. 4 5, Wheel L Erie. IOO 104 1114 10 Wisconsin Central. I.f0 22 21 224 Total sales for the day. 921.600 shares. BONDS. NEW YORK, Aug. 10. Closing quotations: T- S ref. 2s reg103 4!N Y C Q 3 4... 914 'do' roupon 103'-North Pacific 3s. 724 1- s 3s reg . . ,1004 'North Pacific 4s. 102 do' coup.m 10ll South Pacific 4s. 874 V s new 4s reg.1204'l'nlon Pacific 4s. 101 do coupon 1214'Wlsion Cent 4s.. 83 14 Atchison adj 4E. 804 ! Japanese 4s 784 D & R G 4s. . . 01 I Stocks at London. LONDON. Aug. 10. Consols for 8B3-1B: do for account. 80 5-18. Anaconda ... 10.124'N. Y. Central. money. 111.50 Atchison 91 ."0 do pref 97.00 Bait & Ohio. Ort.50 Can pacific. .177.50 Ches ft Ohio. 44 50 Chi Grt West 7.00 C. M. & S. P. 148.50 Tie Reers. . . . 12 50 Norflk & Wes 7B.00 83.00 I do pref. . , . . lOnt A West.. Pennsylvania. iRand Mines.. IReading :Southern Ry. . ! do pref ISouth Pacific. 44.124 84.73 fl.r.2 4 B5 75 20.75 51.50 98.37 4 181.02 4 sn.no 48.02 4 114.75 . 14.0O D & R G. .. do pref... Erie do 1st pf. do 2d Df. I10.5O 25.00 41.50 61. 00 Union Pacific. do pref U. S. Steel do pref Grand Trunk 1800 111 central... 144 00 j, & N 113.50 MO K T. . 32 50 Wabasn do pref Spanish 4s. . . . 29 00 92.75 S4.02 4 lAmal Copper. Money, Exchangre, Etc. NEW YORK, Aug. 10. Money on call easv Iff 14 per cent: ruling rate, 1 per cent- closing bid. 1 per cent; offered atl4 per cent. Time loans very dull and slightly easier; 60 davs. 2 per cent; on days.. 2 4 fi'2 per cent; six months, 3 45 4 per cent. Close: Prime mercantile paper. 3 4$?4 per cent. Sterling exchange steady, with actual To the American People: t ir. the nit T have earned consideration for truths told and warnings flown. I now demand your best-thought and closest heed for the statements that follow. This Is'lne second of three advertisements displayed today in like space in the great newspapers of the world, and to be repeated tomorrow in like space in-the same publications. -I have never written, shall never write, anything of graver Import to -you and to myself. v ..!, It would be frivolous for me to come forward at this Juncture wun any ordinary proposition. The instrument by whose agency I propose to reverse the condition of servitude to which the system has redueea the American people is an extraordinary instrument. But before its potency can be grasped there must be a thorough understanding of the facts and manner of the situa tion at hand. Each year the American people produce billions of dollars over ana ' above what labor and capital arc used up in the process of production. These billlens should bo the property of the people who produce them, but the working of a financial trick each year puts this tremendous profit all in the hands of-,a few men, the Rockefellers, the Harrimans, the Morgans-Smalls system." In the hands of these few men these diverted billions become the greatest power, in all the land, a power so absolute that it v Controls the ballot box. Creates Presidents, Harnesses the Senate and Congress. Directs legislation, Manipulates courts. Dictates to labor. Regulates the prices of necessities and luxuries atid makes the Ameri can people as so many dumb beasts of burden. The reason why 'it is possible for the few to take from the many their savings and use them for a harness that they may drive the people to earn more, just as the slaver drives his human property. Is because there has come into exist ence during the past 50 years a power greater than that of the people, the power of manipulated dollars. This power triay is in the hands of a few men the system who wield it remorselessly against the people. My purpose is to put this power into the hands of the people to use unsparingly for the destruc tion of the system. The instrument through which this will be brought about is no mys terious, complicated mechanism, but a simple device, easy to under stand, ready to wield and certain in result, a device which will do for the people exactly what the system's machinery has performed for the benefit of the few, now the 100-time millionaires who' a brief while ago, before they became possessed of their wonder-npwer, were just ordinary, every-day Americans. Fifty years ago there were but few American stocks and bonds in existence, they represented the ownership of a few railroads and indus tries which really belonged to the people. The annual earnings of these railroads and industries, over and above the legitimate expenses of con lucting them, went to the people. At that time there were no 100 and 500-time millionaires no few men who ran the whole country, no trusts, no system. The prices of necessities and luxuries were made and controlled Dy the legitimate demand and supply. There were but few banks and trust companies, and these institu tions loaned the people's deposited savings to the people at rates of interest which were regulated to earn only the expenses of legiti mately conducting said banks and trust companies, plus a fair dividend on the capital actually employed in their banking business. The New York and other stock exchanges were but small affairs, conducted for the purpose of enabling the owners of stocks and bonds of legitimate corporations to sell their holdings to those who might wish to Invest in them. Out of this, necessary and legitimate condition of affairs was hatched the monster fraud that today dominates the American people, thwarts their will and directs thei affairs. A few financiers, the founders of the system, contrived a trick device, to-wlt: 1st They created gigantic new trusts to control the railroads, banks, trust companies and Industries of the country. id They bought privately conducted enterprises, institutions and industries from their owners, the people, at one price, consolidated them Into the trusts and issued to themselves In stocks arfrl bonds of the new trusts new stocks and bonds presenting lion limes the purchase price. 3d This tht-y did to such an extent that today there are 170,000.000, 000 seventy tiiousand millions of such stocks and bonds. 4th They -then established all over the country thousands of banks and trust cumpanies. into which the people (because they had no other facilities for doing business) were compelled to deposit their savings, for the use of which they have been paid annually 3 to 5 per cent interest. i nth The Goct nmernt was tricked into depositing the Government's money in their banks and trust companies at a nominal rate of interest, often without interest return at all. ith With these vast amounts of money all the money of the countrv in their control, the system started Its trick machinery of making and controlling the prices of the $70, JOO.000,000 of stocks and bonds on the stock exchanges. 7th Then they proceeded to manipulate the prices of stocks and bonds and, through false reports circulated In the press, directly and indirectly controlled by the System and through daily artificial Stock Kxchange activities ond false sales and purchases led the people to be lieve, that the Inflated prices thus made were legitimate, and induced the people to invest their savings at this preposterous valuation. After luring the people in. they reversed the process. Press stories of de pression ieplaced those of prosperity, then System-controlled banks" and trust companies called in the money that hatLbeen loaned to the people to buv these stocks and a panic was on. duflng the progress of which the peoole were frightened into throwing over their stocks and bonds at slaughter prices, which the System repurchased at billions of dollars less tiian the victims had been induced to pay for them. DOWNING-HOPKINS CO. ESTABLISHED 181 BROKERS STOCKS --BONDS --GRAIN Bought ui Bold for cash and oa marrio. Rooms 201 to 204, Private Wires business in bankers' bills at $4.8400 4.S5 for BO-dav bills, and at $4.S-o for demand. Commercial bills, $4.84 M (g 4.85 M. Bar silver, 52c. Mexican dollars, 43c. Government bonds steady; railroad bonds firm. LONDON. Aug-. 10. Bar silver, steady, 24d per ounce. . Money. Vi per cent. The rat of discount In the open market for short hills Is 15-10-!?, per cent: for three months' bills, 1 6 17-10 per cent. SAN FRANCISCO, Aug. 10. Silver bars. u2c. t Mexican dollars, nominal. Drafts, sight. 10c; telfftraph. 12;C Sterling on London. $4.8J; slRht, $4.87l. Datij- Treasury Statternieni. WASHINGTON. Aug. 10. Today's state ment of the balance , shows: Available cash balance $201.M2.8.V Gold coin and bullion 44.P17.S5j Gold certiflcates 83,714,240 Dairy Produce in the Kast. CHICAGO. Aug. 10. On the produce ex change today the butter market was steady. Creameries. 18Vi921c; dairies, 17lc. Eggs Firm: at mark, cases Included, 13 &lu'c: firsts, 18Vjc; prime firsts, 20c. Cheese Firm, 11 H 13c. NEW YORK. Aug. 1o. Butter Steady: creamery specials. -3c: extras. :'2i;c; third to firsts. lS4f2-.'c; Westurn dairy firsts, IShilP 10c; imitation creamery first, ltt. Cheese Steady: state full cream specials, IS i&' la'iic; do small colored or white fancy l-'c: do large colored or white fane-y, 11i-c; do good to prime, llftll'-c: do common, il'i 1oc; skims. UVjftilfl4c. F.eesi - Firm: Western firsts, 1019c; seconds, lQ17',c. Coffee and Sugar. NEW YORK, Aug. 10 Tha market for coffee futures closed barely steady at a net decline of five points. Sales were reported of K000 bags. Including August at o.n.-.c; Sep tember, ,V0c; December, 5.4."i5.50c; March. 5.50, and May at 5.."5c. Spot coffee, quiet: No. T Rio. 6Hc: Santos No.-4, 8c. Mild coffee, dull; Cordova, 0d 12hir. Sugar Raw. nominal fair refining. 32Sc: centrifugal, no test, 4-12'tq; mo lasses sugar. 3-321,! 3.:l7Hc. Refined, quiet. , Butter Market. EIXJIN, III., Aug. 10. Butter Firm, 22c Sales for the weak 031.200 pounds. Couch Building Telepho A2ZI7. BUTTER UP T SEATTLE CREAM ERY MARKET ABl'AXCES TO 30 CENTS. Production Smaller and Demand Is Increased by Visit of Eagles. Eggs Also Higher. SEATTLE, Wash.. And 10. (Special.) The btwt grades of butter were advaced here today 2 cents, making the top quota tion 3 crnts. The advance is due to a heavy shrlnkaKe ii production In this state and in Oreson. The demand for butter la very heavy here thi week, owing to the visit of about 35.000 Eagles. Kruit receipts were not heavy enough to take care of the demand today. All berries are now held at 32. Potatoes are in rather heavy supply, but no lower. Eggs advanced today 2 cents a dozen to 33 cents on the Dairy Produce Exchange. The exchange now quotes Oregone at 30 cents and Eastern Wawhingtons t 27. Eastern eses are unchanged. Wheat was steady and unchanged today. Receipts weie moderate. Hop Prospects In Waa.li lotion County. H1XLSRORO. Or.. Aug. in. (Special.) Hopgrowers report a light prospect for this Reason's harvest In Washington County. Thr is about two-thirds of last year's acreage, owing to the fan that many yards have been plowed up or allowed to etand uncultivated. It i noteworthy, however, that th heaviest growers have slightly increased their acreage in many instances. Wool at St. Louis. ST. LOUIS. Aug. 10. Wool Quiet. Medium grades, combing and cloth ingi MSOc; light fine. lfifJ Itn-t-c; heavy fine, Ufa 12c; tub washed, 2ij(Q 27c. Nrw York Cotton Market. KTAY YORK. Aug. 10. The cotton market opened steady at an advance of 8 points and closed easy at a. net loss of 13331 points. A T By this trick these few men. the System, have been able at will tr make for themselves profits of J5.000.000.000 'to J 10.000.000.000 in each of the market swings that they have engineered. Think of u $5,050,000,000 to $10.00J,000.000 or 2 to 5 times the worth of the en tire annual wheat, corn and cotton crops of the country, the Nation s proudest boast. The amount the Svstem has been able to make has been limited only by the amount of surplus the people have accumulated during their periods of prosperity between each going and coming panic. ' , The supremacy of the System over the President, Government and all the Institutions of the country was burned Into the minds of all last October, when, in spite of President Roosevelt's almost superhuman efforts to bring the dollar lords wtthin the grip of the law. the System deliberately precipitated the most disastrous panic in the history of all The w"br!d. Over one hundred banks and trust companies were wrecked, over 165 men and women committed suicide and over 100 were turned Into convicts. Thousands were thrown out of employment: cash payments by banks, trust companies and corporations to labor and depositors were suspended, and the produce of farms was allowed to rot because no money could be had to move It. During this destruction the System, with the cash that it had so cunningly withheld from the people, laid up for themselves, at slaughter prices, billions of dollars' worth of stocks, bonds and property whlcti the panic-crazed people were compelled to throw over to meet loans they had been led to believe would take care ot themselves, and to pro tect their business, farms and homes. During this panic the System dropped prices over $10,000,000,000. " For Instance. $300,000.0 JO, Union Pacific; from 196 to 100; $130,000,000, St. Paul. 176 to 90; $155,000,000. Amalgamated, 120 to 40. and so on through the list of hundreds of railroad and industrial stocks. These enormous losses were made by the people. The sole gainer wa the Svstem. The property and J5.YHIC111. 1I1C riutici i. ...ii. n' '.... '- i panic by the Rockefellers, Morgans, Harrimans th. System ihow the System, by the rise In- slocks and bonds which has during th alreadv she ncciirrari since, the October Dame, a Is it not time for the masses the American people to rease .playing the role 4f assts to the System? Yes, adseat They will tell you, these otherwise 'intelligent people, that the price of stocks and bonds is no affair of theirs, because they never buy or sell any. let me boll this tremendous question to an A B C point. A certain Western bank hod a large amount of the deposited "t ings of Western farmers. This hank loaned Its deposits l L?' bank. This New York bank loaned them out to byst-m Uc thus taking as collateral Union Pac ific R. R. ftock nt 1..0. Reading R. R. Mot k at 150. Ste-el Trust stock at 50. and Tennessee Coal & TrOn "lock at lhO I t t'i panic the New York bank could, not sell Its collateral and U busted and the Svstem bought from it Union Pacitlc at 100. Reading at .0. Sieel Trust at 20. and Tennessee Coal & Iron at SO and the ;7;tr" bank lost a vast sum of th farmers' money, which the farmers will not hear ar.vthinir about until the next panic, when, because of these secret lnutc and others of a like nature, the Now. mv Intelligent Western friends.- you who never huy or sell stocks and bonds and. therefore, are not interested in the doings of V all Street, who do you guess got the money you lost? Let us see. The Union Pacific R. R. stock, which the System bought at 100, th-y can sell to -lay at 157; the Reading they bought at .0 they ran sell today at 12V- the Tennessee Coal & Iron they bought at 80 they can sell at 140. the Steel they bought at 20 is very active today at 47. and. to quote from a leading New York daily: "The trustees for the widows and orphans of different estates all over the country are flocking to Wall Street with, the proceeds of their July dividends and coupons and putting them into Steel at 45. and It looks like a good investment, too, although it would have, perhaps, been wiser if these trusters had bought at ZJ. The widows and orphans did not buy at 20. No. they sold at 20 to Morgan and his associates what they had bought fnun Morgan and h s associates at 50, and they are again buying fronT Morgan and his ssso-lates at 47 what thev sold to Morgan and his associates at .0. and in the next panic they will again sell at 20, and Morgan and his asso. I ates will again buy and be hailed by the people as the panic-stopper, tha people's savior. And there you are. Four years ago. in "Frenzied Finance," I warned the American pnopla of what was coming, and. though they reid. understood and were on their guard, down they went before this financial blast like spears on wheat before the reaping machine. There is no power on earth to prevent these few men. the System, from working this trick in the future, as they have in the past, tha people remaining as powerless to help themselves as they are today, for when any few men In America can possess themselves at will of the billions of the people's savings, nothing is beyond their power and nil the people can do is what they are doing now, frantically wringing their hands during panic times and thnnkintr the l,ord. when panic times are over lt was no worse; while the System builds up another period of prosperity preparatory to another shearing. I repeat, no power on earth can prevent these men. but the power of the people to take the Systems game into their own hands to be worked by them upon the System. The motive power today In America In nil the affairs of the people is the capacltv of a few men to raise and lower the price of the $70,000, 000 000 of stocks and bonds, for. through their rise and fall, the price of necessities and luxuries and labor and Interest are controlled, thereby creating "Prosperity" and "Hard Times." If the few can control the price of the $70,000,500,000 or stocks and bonds, the people will for all 4ime be robb. d of their savings. If the people can control the prices themselves, they will not only be able to get hack the billions of which they have been plundered and turn the 100 and 500-time millionaires, the Rockefellers. Harrimans and Morgans. I into ordinary Americans. With the Instrument of which I have at last gained possession I propose, after twenty years of active clotting scheming and maneuvering, to place in the hands of the people the power to control the price of the $70.000. ooO.OOO of stocks and bonds, 'that they may bankrupt and destroy the System and come Into their own. (Signed) THOMAS W. LAWSON Boston, August 11, 190S. This advertisement will be continued here tomorrow. TRAVELERS GUIDE. .:-..Y,. Eastern Excursion Rates Aufrust 6, 7, 21, 22. Chicago and return $72.50 St. Louis and return $67.50 ,St. faul, Minneapolis, Duluth Superior, Winnipeg, Port Ar thur and Sioux City and re turn $60.00 Ninety-day Limit Stopovers Allowed. . 2 TRAINS DAILY 2 THE OMENTAL LIMITED THE FAST MAIL For tickets and sleeping-car reser vations call on or address H. Dickson, C. P. and T. A., 122 Third St.. Port land, Or. Tel. Main 680, A 228(i. KKOULATOR LINE. Fasf Steamer Bailey Gutzert. Round Trips to Tha Dulles Week Days, Ex cept Friday. Leave 7 A. M. Round Trips to Cascade Locks Sundaf. Leave 0 A. M DALLES CITY AND CAPITAL CITT Maintain dally service to The Dalles, except Sunday, calllna; at all way landings tot frelcht and passenger Leave T A. M. Alder-Street Dock. Phone Main 014. A 51 12. North Pacific -S. S. Co's. Steamihlp Roanoke and Geo. W. Elder Sail for Eureka, San Francisco and Los Angeles direct every Thursday at 8 P. M. Ticket office 132 Third St., near Alder. Both phones, M. 1314. H. Young, Agent. ' SAN FRANCISCO PORTLAND 8. 8. CO. Only Direct Steamers and Daylight Sailings. From Alnswortn Dock. Portland. 9 A. M.: fc.S. Rose tily, Aug. 15, 2. 6.8. State of Calif iirnio. Aug. ii. From Lombard St., San Francisco. 11 A. M.: S.S. Slate of California Aug IS. '49. S.8. Rose City. Aug. 22, 8-jit 5. J. W. RANSOM. Dock A Kent. Main 2flS Alnswortn Dock. M. 1. ROCHE. Ttcket Agent. 142 3d St Phoneaitt 402. A 1402. COOS BAY LINE The steamer BREAKWATER leaves port land every Wednesday ot 8 P. M. from Oak etreet dock, for North Bend. Marshfleld and Coos Bay points Freight received till 4 P M on day of sailing. Passenger fare, first class, $10; second-class. 7, Including1 berth and meals. Inaulre city ticket office. Third i and Washington streets, or Oak-street dock. securities wiucn we-ic "t profit of $2,000,0.10,000. Western bank ousts. TRAVELERS' GUIDE. STEAMER LURLINE For Astoria and all beach points. Tickets pood to return by train or 0. R. & N. steamers. Leaves Taylor-street . dock at 7:00 A. M. daily except Sunday. JACOB KAMM, President. PORTLAND RT.. LIGHT POWER CO. CAKM LliAVE. Ticket Of fire ond Wail inn-Room, lirst and Alder btreets FOR Oregon City -4. :3il A. M . and every 30 minutes to and Including 9 P. M.. then 10. 11 P M. ; last car 12 mldnlgiit. .reliHin. Boring. Kagle Creek. Ksla eada, 4'asadero. Kuirview and Trout dale 7:l.-i. 9:15. 11:1 A. M., 1:15. 8:45. 6:15. 7:25 P. M. FOB VANCOUVER. Ticket office and waltlng-r'iom Second and Washington streets. A. M B:I5. B:50. 7:25. 8:00, 8:85. 9:10, 1:50. 10:30. 11:10. 11:50. P M. 12:30. 1:10. 1:00. 2:30. 3 10. 3-5(1, 4:30. 5:10, 5:50, 6:B0. 7:05, 7:40. 8:15. :2"i. 10:35". U:45. On Third Monday In Erery Month the I.ast Car Leaves at 7:05 I M. Dally except Sunday. Daily except Monday. jfamburg-Skmerican. WEEKLY PKtiVICE TO , LONDON PARIS HAMBURG GIBRALTAR NAPLES (iE.VOA by Large, Luxurious Twin Screw Etesmers; all modern appointments. 908 Market St.. San I-'ranclsco. and H. K. Office la Portland. Agenta. Fast Steamer Chas. R. Spencer Astoria and way landings. leaves foot Washington at. 7 A. M. ; leaves Astoria 2 P. M. FARE:. III-OO EACH WAY I MEALS, BOO Sunrlav Excursions S A. M. $1.00 ROUND TRIP. hone Main StU9.