15
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.