THE MORNING OREGOXIAX. THT7RSDAT, JUNE 3, 1909.
DECLINE IN CHEESE
With Large Shipments Coming,
Market Takes Drop.
SHORTAGE THING OF PAST
While Oregon Manufacturers Were
Holding Prices T7pf Seattle Buy
ers Tioaded Vp With
Kastern Product.
Thb price of Tillamook cheese took a.
harp drop yesterday, distributors quot
ing twin at 15H19 eenuti. The. present
local aupply Is not large, but a rood-sized
shipment la due oa the boat Saturdy and
another larger lot la due Monday. Unllka
pre-vioua shipments, there are not enough
orders booked ahead to take care of all
the Incoming supply.
The weakness was caused principally by
the withdrawal of Seattle buyers from this
market. Several cars of Eastern chAe
recently reached the Puget Sound markets
and for some time to com there may not
Ve much Inquiry from the north for the
Oregon article. Had the manufacturers in
this state lowered their prices sooner, they
might have kept out these Kastern ship
ments. The butter market continues fairly steady.
Production now does not exceed the de
mand and supplies clean up well each day.
Prices m the north are still above Portland,
but there Is likely to be a decline there at
any time, which may bring down local
values. Creamery men here would like
to a lower level established so that
storage operations may he commenced.
It Is the opinion of butter men that rela
tively high prices will prevail In the Bast
this season. Zn the big butter-making; sec
tions the market continues to show a strong
tone. Some of this strength Is believed to
be due to the free buying; by the oleo
margarine makers, who are using butter
of current make for coloring the artificial
article.
CONDITION OF TUB FLOUR MARKET.
No Talk By Millers of Any Early Advance.
There Is no talk on the part of millers
of an advance in flour prices In the near
future, though jobbers are predicting a
rise, and some of the flour makers are de
cidedly averse to putting any further burden
on consumers.
No business of importance was reported In
the grain market yesterday. Oats advanced
at San Francisco, but prices here are too
hlRh to permit of shipments being made
to the south.
Consul-General William H. Michael, of
Calcutta, writes, under date of March 20
an folic ws In regard to the last memorandum
of the Government on the 1908-0 wheat crop
In India, which deals with 90. T per cent of
the total wheat area:
The report discusses mainly acreage, as
the estimates of yield have not yet been
made up. The total area sown Is now re
ported to be 25.685,300 acres, compared with
the 2t.075.8OO acres of last year and with
the 27,063.000 acres forming the average
of the Ave years ending 000-7. As com
pared with last year, there Is, therefore, an
Increase of 4,800.400 acres, or 10.9 per cent,
whereas the acreage still rails short of the
older average by 1.O78.T0O acres. On the
whole, the condition of the crop is reported
to be satisfactory, but the unlrrl gated crop
In the United Provinces Is said to be poor,
and In many places more rainfall was great
ly needed at the time of making the re
nort.
Local receipts. In cars, were reported by
the Merchants Kxchange as follows:
Wheat Barley Flour Oats Hay
May 29-ft0-8l.. . 8 1 29 S 2
June 1 2 8 4 14
Total last week. 24 5 So 18 68
BEKRIE3 ARE BECOMING PIJSNTTFTT!.
Market Should Be Heavily Supplied Today.
Csmtadoupes Mere.
Strawberry receipts yesterday were large
and If the weather continues favorable, as
seems likely, the market will be flooded
with berries today and tomorrow. Xocal
fruit ts coming In more freely, some fairly
large lota being received from Mt. Tabor
and Clackamas County.
Prices naturally were lower yesterday.
Rood Rivers sold up to $3.T54 per orate,
but other Oregon berries moved at S2g 3.
California berries were also plentiful and
good stock sold around $1 1.25, but some
poor lots went as low as 20 cents.
The first cantaloupes of the season were
received by Page A Son from Brawl ey,
Cal. There were two crates of them and
they sold at $5 a crate.
SMALL HOP CONTRACTS MADE.
Twelve-Cent Market Firmly Established In
This State,
Several small hop contracts have been
made In Oregon in the past few days at
12 cent a A number of dealers have or
ders at this price and a considerable business
could be done If there were enough sellers
or If yards could he found where a full
specified delivery could be guaranteed. A
large contract was written In the Chehahs
section yesterday at 114; cents.
A San Francisco letter states that 2250
bales of California hops were lost In the
Port Costa dock Are.
Overrmpply of Chickens.
Poultry receipts were again very heavy
yesterday. More hens came In than could
be well handled. An effort was made to
hold the market at 15 cents, but it was
necessary to shade prices sharply to move
them, and sales were made late In the day
as low as 13 cents.
The epg market was dull. Receipts were
light and prices were unchanged.
Bank Clearings.
clearings of the Northwestern cities yes
terday were as follows:
Clearings. Balances.
Portland 91.411.6S5 M00,4t,9
Seattle 1,151,165 146.491
Tacoma ............. 1.025.753 6,4.804
Spokane . .
i.oitu.ui z PU.S95
PORTLAND MARKETS.
Vegetables and Fmlt.
FRESH FKUITS Apples, USSO per
box. ytrawberrles, Oregon, 2ijf4 per
rrate; laitiorma, zrc a : i. 26 pr crate;
cherries. (1'u l.-S pr box; gooseberries,
crate; California, -5c $ 1.25 per crate:
&Uc per pound: loganberries, l per crate;
currants. 12 o p?r pouna; cantaloupes. 5
per crate.
POTATOES Buying price. $1.75(91.90 per
hundred: new California, 45c per lb.;
tweet potatoes, 4Sc per pound.
SACK VEGETABLES Turnips. $1.25 pet
. ack : carrots. $1 25; parsnips, 81.30; beets
11-75 ; horseradish, 10c per pound.
TROPICAL. FKUITS Oranges, navels. S3 2S
IS 25 per box, lomons, $1.75 to 4; grape fruit.
$-'t 50 jj4 per box; bananas, 5H 00a pet
Vuiitw . I'nicwppiea, li.ou'fl o per crate
ONIONS Bermuda. 1.35G1.50 per
red. $J per liu-k-
crate;
EOETABLKS-Artichokes. o060c dos.1
asparKus, 7S(tfl2o per pound; beans,
luiiac: cabbage, 2o per lb.; caull-
nuwf-r, a pr crate; cucumbers. oOcO
J1.26 pr dozen; lettuce, hothouse. $10
i-c. una, lenuce, bead, 35o per
uv.oi., uu.vmb, i3idc per dosen; parsley,
8M5 Per dozen: Peas. If nir nmirt1 ra.
lshes. 15c pr dozen; rhubarb, 3f 34c per
pound; spinach. 5c per pound; squash, 75a
v y-rt vu4, tomatoes, Mexican. ISO
i. 50 per crate.
Grain. Floor. Feed. Etc
,?TTrtck,PCM: western rall'tntr.
FLOUR Patents. .26 per barrel: ewaightal
S5.80; export.. J4.T0: Valley. 13.50; graham.
vvjrt.. wnoie, $da per ton: cracked. ISf
per ton.
BARLEY Feed, 35 pei ton.
OATS N'o. 1 white. $40.50641 per ton.
MILLPTt.FFS Hrw n S2 Krt ti- - mid
dlings, 33; shorts, J29ffiJ2; chop. (24030;
roiipa oaney. iduujf
HAT Timothy. Willamette Valley. 14 0
18 per ton: Eastern Orwnn l1Sff?'t-
clover. 31H31I: alfalfa, 1314; cheat, fit 9
Dairy and Conntrr Produce.
BUTTER City creamery extra.. MUe:
fancy outside creamery, 25&'Jc per
lb.; store, ISc. (Butter fat price. aver
age 1 cent, per pound under regular but
ter prices.)
r.utiS Oregon ranch. 23 24c per dozen.
POULTRY Hens, 13 15c; Springs. 22 V,
5f25c: roosters. 10c: ducks. 14fii IFr- 0-e.
10illc; turkeys, 20c; squabs. 3.60J per
doxen.
CHEESE Full cream twins. lSUfiltn
per pound; young Americas, 16g?17c;
California. 16 17c
PORK Fancy. 10c per pound.
Veal Extras. SilSUa ttr rtniinif A-i-lt-
nary, 7o; heavy, 6c.
Groceries, Dried Fruits, Kte.
DRIED FRUITS Apolos. 8'4r -oer lb.s
peaches. 74 Sc; prunes, Italians. 514d14c;
fcti uiita, rremn, .ttf oc; currants, unwashed,
cases. 9&c: currants, washed, cases, 10c;
figs, white tancy. 60-lb. boxes, CHo: dates,
TATViC.
SALMON Columbia River, l-lb. talis.
$3 per dozen; 2-lb. tails, 12 95: 1-pound
fiats. X2.10H: Alaska pink. 1-pound tails,
05c; red. 1-pound tails, 11.45; aockeyes, 1
pound tails. $2.
COFFEE Mocha. 24 28a; Java, odrlnary.
lT20c; Costa Rica, fancy. 1820o; good,
16lc; ordinary. 12Htl0c per pound.
NUTS Walnuts, 1213c per pound by
sack; Brazil nuts. 16c; Alberts. 15c: peanuts,
7c; almonds, 13 14c: chestnuts, Italian,
lie; peanuts, raw, 5Hc; plnenuts, 10 12c;
hickory nuts, 10c; cocoanuts. 90c per dozen.
SUGAR Granulated. S6.05; extra C. $3.55;
golden C. $5.43; fruit and berry sugar, $6.05;
Honolulu plantation. fine grain, $8.00;
plain bag, $5.85; beet granulated. $5 85;
cubes (barrel). $6.44; powdered (barrel)
$9.80. Terms: on remittances within 15
days, deduct e per pound; If later than 15
days and within m H v i .
Vound. Maple sugar. 13018c per pound?
oaxx uranuiaieo, la per ton. 11.90 per
bale; half ground. 100s, $7.50 per ton; 50s.
$8 per ton.
BEANS Small white, e.80c; large white,
8.60c; Lima, 6c; pink, 4c; bayou, 414e; Mex
ican fed. 4tsc.
Provisions.
BACON Fancy. 22c per pound: standard,
10c; choice, 18c; Fngllf-h, 16lTc.
TTrnv SAT .T frTWUT. I. i .
" " ...j. ..ovular snarl clears,
dry salt, liHc; smoked. 14V4o; short clear
Tl 11 m h.a.tv Art r 1 . n ,01. . . .
14Hc: Oregon exports, dry salted. 14o:
smoked, 130.
TTAVia IO , r tit 1. T o . . , . .
-- ' - t . "V . J LU 10 IDS.,
18c; 18 to 20 lbs., 16c; hams, skinned.
i-:uicB, 11c; cottage roil, 120; shoul
ders, 11c; boiled hams, 22 23c: boiled pic
nics, 19c
LARD Kettle rendered: 10s, 15c; 6s,
1514c: Standard pure: 10s. 14c 5s, 14c
Choice: 10s. 13c; Ss. 13-c Compound:
10s, 914c; 6s. c.
SMOKED BEEF. Beef tongues, each,
60c; dried beet sets, 18c; dried beef out
sldes, 17c; dried beef lnsldes, 21c; dried
beef knuckles. 20c.
PICKLED GOOPS Barrels: Pigs' feet,
$18; regular tripe-- 10; honeycomb tripe.
$12; pigs' tongues. $19.50.
BARRELED MEATS Mess beef, $12 per
barrel; plate. $14 per barrel; family, 14
per barrel; mess pork. $20 per barrel; bis
ket, $22 per barrel.
Hops, Wool, Hides, Etc
HOPS 1808 contracts, 12o per lt 1808
crop, 9luc; 1907 orop. 45o; 1B00 crop.
lH42c. v
WOOL Eastern Oregon. lT22o per
pound; Valley, nne. 23(0269,0; medium, 23c:
coarse, 21c.
MOHAIR Choice. I455o per pound.
HIDES Dry hides. No. I. l17o lb;
a,TY k,'?V?i0- -" 1 5 16c pound; dry calf
skin, lS19o pound; salted hides. 98vtc:
salted calfskin, 1314o pound; green, li
FURS No. 1 skins: Angora, goat, $1 to
!i-2SLa.dser' -!5o0c: bear. $820; beaver.
$6.50 8.60; cat, wild. 75c$1.50; cougar,
ES1"?.?0"1 "nd daws, $3010; fisher, dark,
7.6011; pale. 4.807; fox, cross. S3
to $3: for, gray. 6080c; fox. red, $35:
fox silver. 35 to $100- lynx. $S 15
marten, dark, $8 12: mink. $3.60 5 50:
mujkrau 1525c; otter, S2.5094; raccoon,
6075c; sea otter. $100.-W0 as to size and
co!or skunks. 65S0c: cl-et. cat, 1013c:
7 1' tft,V eoyoto- T5c$1.25; wolverine;
CASCAHa" BARK Per pound, 6 cents. -T
rORTI.AD IXVESTOCK MARKETS. '
Prices Cnrrqnt Locally on Cattle, Sheep and
Mors.
A weak feeling was general In tha cat
tle and sheep markets, with the supply
abundant and buyers holding back. Steers
were quoted at former prices, but cows
were cut a quarter. In sheep, tho weakness
was particularly noticeable In yearlings
which declined a quarter. The hog market
howed its previous strength. Receipts for
trw day were 58 cattle, 603 sheep and 235
hogs.
CLatej sales at the yards Included 10
steers, average 1048 pounds, $5.15; 18 cows
average 1104 pounds, $4.15; 81 cows, av
erage 864 pounds, $3.80; 24 cows, average
S39 pounds, $3.75; steers, averag-s 835
pounds. $4.75.
Local prices quoted at the yards yesterday
were as follows:
CATTLE Steers, top. $5(95.25; fair to
good, $4.604.75; common to good $44 50
cows, top. $44.25; fair to good." $3.764;
common to medium, $2.503.50 calves
lo?:..5s5'60: heavy, $S.304; bulla and stags'
$o5r3.6; common, $2di2.75
HOGS Best. $7.758; fair to good.
$7.257.60; stockers, $86.50; China fats.
$U.730tj:7.00.
SHEEP Top wethers. $44.26; fair o
good. $3.504: ewes. 14c less on all grades;
yearlings, best, $4.26; fair to good. 14
Sprlng lambs, $5.
Eastern Livestock Prices,
OMAHA, June 2. Cattle Receipts, 4300.
Market, slower to lOo lower. Steers. $3.76
O.10; rangs cows and iielfera, $2.755.70;
canners, $2.234.00: mockers and feeders. $3 00
3.75: calves, $3.257.25.
Hogs Receipts. 12.300. Market a shade
higher. Heavy, $7.25&1.40; mixed, $7.007.1S:
light. $a.90U.25; pigs. $4 76 6.25.
Sheep Receipts, 700. Market, steady. Tear-
Ungs, $3.758o.75; lambs, $7.25g-8.25.
KANSAS CITT. June 2. Cattle Receipts.
9000.. Market, steady to 10c lower. Native
steera. $5.356-90; native cows - and heifers,
$3.O0fc6.3O; stockers and feeders, $3. Tout's. 50;
bulls. $3.4085.2S: Western steers, $5.40g6.7S;
Western cows, $3.75'5-5.25.
Hoss Receipts, 15.O00. Market. Be to lOo
higher. Heavy. $7.2537.45: packers and butch
ers. $7.1067.40; light. $6.757.20; pigs. $3.75
6.75.
Sheep Receipts, 2000. Market, steady. Mut
tons. $5.00-6.60: lambs. $7.009.25; wethera
and yearlings, $4.75(U7.60; ewes, $4.26(8.26.
CHICAGO. June 2. Cattle Estimated re
ceipts, 19.000. Market, 10c lower. Beeves, $9.10
G7.20; Texas Bteers, $4.70(56.30; Western
steers, $4.66SG.25; stockers and feeders, $3.60
f5. 56; cows and heifers, $2.60(38-40; calves.
$6.507.60. v-i-
Hogs Estimated receipts, 27.000. Market 5a
to lOo higher. LlRht. 8.R'g'7.32H ; mixed. $a5
J'7.45: heavy, $7.05(S7,.r0: rough, $7.06g7.20:
good to choice heavy, $7.207.60; pigs, $5.85
8.S5: bulk of sales, $7.20S7.40.
Sheep Etlmated receipts. lS.pno. Market,
steady to lOc lower. Native, $4.00'56.50; West
ern. $4.25gi?.2iv yearlings. $6.2S'97.4n: lambs,
native. $6.25SS50; Western. $6.60fiS.TS.
Eastern Mining Stocks.
BOSTON, June 2. Closing quotations:
Adventure . . . SH
Allouez R9ij
Amalgamated . , 84 "H
Arix Com 41
Atlantic fli.
Mohawk 66
Mont c & C... 2.
Nevada
Old Dominion... 544
i. 'Mcuia las
Parrot 35
Qulncy $o
-'ha nnon ....... 16
Trinity 13
United Copper... 9
U. S. Mining. ... 50
V. 3. Oil 33
424
Winona ........ 6
Wolverine 148
Xorth Butte.... 55
Butte CoaJ 2fis
Cal & Ariz 13
Cal A Heola...670
Centennial :24
Copper Rangfo. . 81 4
raly TVest 7'
Franklin. 16
Oranby 13
Greene vanane&
Isle Rovale 27H
Mass Mining 12
Michigan 11
NEW YORK. Juns 2. Closing quotaUonst
Alice 215 Leadvllle Con.. 44
Brunrwlclc Con. 6 L.ltUe Chief 8
Com Tun stock. 20 Mexican 75
do bonds..... ISHiOntarlo "330
C C Va 60 Ophlr '105 ,
Horn Silver 65 Standard 175
Iron Silver. ....lis lYellow Jacket. . . 45
Irled Fruit at New York.
NEW YORK. June S. Evaporated apples
quiet; fancy, SK'S'SHc; choice. T7to";
common to fair. 55c
Prunes firm, particularty tha larser sizes,
ranglnsT from S"40 to 11 Ho for California
fruit and from c to 80 for Onegon 60-0a to
20-SOs.
Apricots are a Uttls mors active; choice.
10 1040; extra choice, 10tt10c; fancy
11 a 13c
Peaches quiet; choice. 54 Sc; extra choice,
V W6Vc; fancy. TSSVic
Raisins firm; loose muscatel, lueiiio:
choice to fancy, seeded. 4 9i6'4o: seedless.
l.6oi London layers. $1.161.J0,
RISE IS CHECKED
But There Is No Halt in Stock
Speculation.
READING UNDER PRESSURE
Listing of Steel Shares on. the' Paris
Bourse the Sensation of For
eign Exchanges - Gold
Goes to France.
JfHW YORK" Tl.r,. 9 '
rae advancing; tendency of prices today al
though ri . . ...
i. sue mantel was still
maintained. Rartln -.i.iw
- j , i uiwr
;I-f.rs and tha appearance of some lmpor-
, mac stocK was of actable
sympathetic effect on the whole list.
Another center of strong sentimental in
fluence was United States Steel, In which tbs
recent persistent and prolonged advance gave
way to a reaction of a point. Its upward
rush to 67 y. in the anal hour had a strong
restorative effect on the whole list. Foreign
securities markets seemed to wake up for the
nrst time to the Importance of the listing of
the United States Steel shares on the Paris
Bourse and this topic was the sensation of
the Paris. Berlin and In soma degree the
London markets. There was lacking any de
tailed description of the process to be fol
lowed la the Paris operations, but tha Inter
vention of a syndicate or trust to act as a
holding company in France for a block of
X-nlted States Steel and to issue against this
holding Its own certificates was assumed to
t the course Intended, such certlflcatea serv
ing as tha medium of operations in the Paris
market rather than the corporation shares
themselves.
Aside from the strong sentimental In
fluence on the value of the stock of this im
portant new departure, this method of op
erating In the new Held would have Involved
an Important accumulation of the actual
holdings of the stock. When the stock start
ed upwards to a new high mark its strong
sentimental Influence was asserted in the re
covery in the whole list.
The activity of the Atchison issues in face of
the announcement of the Atchison converti
ble bond issue was regarded as rather sug
gestive. The stock and the older convertible
Issues ran off. although -the subscription
privilege at $104 for the new bonds repre
sents valuable lights for the stock, baaed on
the ruling price for the older convertible Is
sues. Estimates of private experts were taken as
foreshadowing a poor showing In the Govern
ment report of crop conditions, looked tor
next week.
The rise In copper did not prevent the ccp
per industrials from figuring conspicuously
In the early reactionary movement. The en
gagement of $1,000,000 In gold for export to
Franoe was not much heeded, the plethorio
conditions of tha local money market be 03
as much feared as It is approved.
Bonds were heavy. Total sales, par value,
$4,680,000. United States bonds were un
changed on call.
CLOSING- STOCK QUOTATIONS.
Closing
. Bid.
. Sales. High. Low.
auus unaimers pf log 51"4. 51
6114
42
3a a
81
6754
68
43
37
171a
69
93
11114
132
.... ..OW 0-7B
Am Agricultural 3,ao0 42
Am Beet Sugar ... 2,000 3ys
Am Can pf .... 1,300 al
Am Car & Four.. 400 57
Am. Cotton Oil.... 12,200 ttSji
Am Hd Lt pf. 1,600 43J4
Am Ice ecurl.... 2,400 . 39
Am .Linseed XML.. . 60O 17
Am Locomotive. . . 8,400 64
84
40
38.
81
67
tW
43
37
1714,
T
jn omen oc ter. la.tfoo 04
ao prererrea .
Am , Sugar Ref..
Am Tel st Tel..
Am Tobacco pf.
Am "Woolen
3,2O0 111 HO
J0 132 132
2,400 140 94 140
14014
800 lolli 10114 10194
aw iHJk
Anaconda Mln Co 2,100
67 50U,
50
Aicniaon
do preferred .
Atl Coast Line . . .
Bait & Ohio
do preferred
Bethlehem steel .
Brook Rap Tran . .
Canadian Pacific.
Central Leather. .
do preferred " . . .
Central of N J..
ii.ouv 110 ai
109
6O0 loo
104 104
IOO 128 128 127
1.000 115 114 115
83
600 29
1.800 79-T4
29
29
78
182
8
1,200 182 182
2,100 SO 20
29
1.0O0 104 103 103
. . j i-trt av
Ches & Ohio S.800 78
Chicago & Alton.. 200 71
78
7114
78
i
4
184
153
73
42
63
81
80
1
Uhlcago Gt West. 600 ' i
4
k.UlUlBQ 0 H tV
moo irait. 1 tt
C, M & St Paul.. S8.600 153 161
iuio v uei dc iron 0,800 42
Colo & Southern .. IOO 64
do 1st preferred. 200 82
do 2d referred- .
41
64
82 .
Consolidated Gas.. 800 143 143
rnjuucia ... J.,zuu 26
Del & Hudson. . . . 8O0 193
E & R Grande . 1.OU0 60
25
26
192 192
49)4 49
do preferred :.. 200 87 87
Distillers' Securl.. 900 40 40
Erie 16,100 35 34
40
35
61
0.0 lsx preferred. l,4O0 62 61
do 2d preferred, 200 42 42
42
General Electric. . 2.20O 161 180 161
Gt Northern rvf . 9 7nrt n-nf iat i-ri7
Gt Northern pf... 2.700 147 147
147
Gt Northern Ore.. 3,900 74 73
Illinois Central
400 147
147
146
15
44
85
24
14
41
31
45
Interborough Met. 2.4O0
16
16
44
84
24
14
40
81
46
do preferred
6.000
43
88
25
14
41
31
47
Inter Harvester . .
Inter Marino pf . .
Int Paper
Int Pump .... .
Iowa Central ....
K C Southern ...
do preferred .
Louis & Nashville
Minn gc Bt L
M. St P & S B M.
Missouri Paclflc. .
6 000
2.100
100
400
1O0
2.60O
700
73
3
73
600 139 139 139
ai) 137 136 137
8,0f
7RV
75
42
72
Mo. Kan & Texas 2.100
do preferred
421
42
National Biscuit ..
National Lead . . .
Mex Nat Ry 1st pf
N Y Central
N Y, Ont & West.
Norfolk & West.
Nortel American..
200 106
1,800 87
600 B3
105 105
86
86
53
03
131
60
89
6,600 131 130
6,300 Rl BO
200
1.10O
82
8114
Northern Pacific 10,600 148
147 147
Pacific Mall 100 2BU.
Pennsylvania i2.00 135 135
35 135
reupio v,as ... .L.ZOO 114
P. C C & St L
113 113
80
Pressed Steel Car 3.10O
Pullman Pal Car. ......
46 44
44
187
Ky steel Spring.. 700
45 45
44
Reading 10S.4O0 165 153 154
Republic Steel ... 8.900 31 20 30
do preferred ... 3O0 88 97 97
Rock Island Co.. 600 32 31 31
do preferred ... 2, 20O 70 69 6V
St L & S F 2 pf. 400 45 44 45
St L Southwestern 2.600 2S 28 2Sli
do preferred
2,700 71 70 70
Sloss-Sheffteld .
Southern Pacific
do preferred
1,600 84 R2 83
S1.70O 124 123 123
Southern Railway. 26,000
"2
31
70
41
81
70
41
33
62
69
do preferred ... 1,300
Tenn Copper . 100
Texas & Pacific
Tol. St L A West 600
do preferred . . . 600
71
41
'62
69
62
69
Union Pacifio
do preferred
TT S Realty
TT S Rubber .
V S Steel
do preferred
Utah Coprer
.. to,io mi
2O0 87
70O 84
.. 1.10O 39
..151. TOO 67
.. 9,300 122
190 190
" 7
83
83
39
38
67
64
120 122
SOO 51
01 4 01
Va-Caro Chemical. 15 8O0
Wabash 2.500
do preferred ... 11. 500
Wertem Md 1.5O0
Weetlnghouse TDleo 9n0
Western Union . . . 600
Wheel & li Erie... 300
Wisconsin Central. 100
52
21
64
21
84
75
It
50
21
53
'20
83
7niJ
10
52
21
63
20
83
10
68
tSV.
6
Total sales for the day 780,400 shares.
BOSD8.
NEW YORK, June 2. Closing quotations:
U. S. ref. 2s reg.l01N Y C O 3s... 93
do coupon. .. .101 North Pacific Ss. 74
TJ. S. Sse reg. .. .101 (North Pacific 4s.lO-2
do coupon. .. .102 iUnion Pacifio 4s. 102
TJ S new 4s reg.118 Wlscon Cent 4s.' 96
do coupon. ... 121 Japanese 4s..... 88
D & R G 4s 97l
Mniry. Exchange. Ete.
LONDON. June 2 Bar silver, quiet,
24 5-16d per. ounce.
Money, 11 per cent.
The rate of discount In the open market
for short bills is 1 per cent; for three
months bills ts 1 per cent.
NEW YORK. June 2. Money oa call easy,
12 per cent; ruling rue. 1 per cent;
closing bid. 1 per cent; offered at 2 per
cent.
Tima-sgan steady, stelal 4as 2 2. per
cent; 90 days. 142H' per cent; six months.
3314 per cent..
Prime mercantile paper, per cent.
Sterling exchange. steady, with actual
business in bankers bills at $4.8630 4.8633
for 60-day bIIIb and at $4.8790 for demand
Commercial bills, $4.85 4.861.
Bar silver. 52 54 c.
Mexican dollars. 44c.
Government bonds, steady ; 'railroad bonds,
heavy.
SAN FRANmsr.O. .Tun. 1 Bn. v.
62c
Mexican dollars, 47c.
Drafts, sight, 2c; telegraph, 4c.
Sterling on London, 60 days, 34.88; sight.
Stocks at Lntdon.
LONDON. June 2. Consols for money,
8414; do for account, 84.
Anaconda ...... 1014
N. Y. Central. . .134
Jiorfolk & West. 9114
do Dref ftft
Atchison 112
do-pref 10714
Bait & Ohio. ...118
Can PaciHo 187
Ches & Ohio... 80
Chi Grt West... 5
C. M. 4 S. P 1564
De Beers 14
D & R G- 57
do pref 90
Erie . 36
do 1st pf 54
do 2d pf 43.14
Grand Trunk... 22
111 Central 151
L tc N 142
Mo K A T 43
Ont st West . 5a
Pennsylvania ... 69
Kand Mines.... 104
Reading 79
Southern Ry.... 32
do pref 72
South Pacific. .. 127
Union Pacific. . .195
do pref 100
U. S. Steel 66
do pref 123
Wabash 22
do pref 55
Spanish 4s...... fig
Amal Copper.... 86
Dally Treasury Statement.
WASHINGTON, Juna 2. Today's state
ment of the Treasury balances In the gen
eral fund, exclusive of the $160,000,000 gold
reserve, shows:
Gold coin and bullion. ......... .$ 47.569,438
Gold certificates 26,763.410
Available cash balance..... 120,170,659
POTATOES ABE HIGHER
BEST STOCK HELD AT $50 A TON
AT SEATTIJE.
Berries in Light Supply Minnesota
Grades on Hay Will Be
Adopted.
SEATTLE. . Wash., June 2. (Special.)
Potatoes advanced shaft-ply today. The ad
vance was from $3 to $5 per ton The best
stock Is now held at $50 per ton and few
good potatoes are selling below $47 and $48.
The total supply of potatoes In the city is
estimated at not to exceed ten oars. The
loss in resorting is said to have been
much heavier since the recent warm spell
commenced. -
Berries were ' scarce today. No Cali
fornia berries were In tha market and few
more will be brought ra.. The retail trade
Is well cleaned up, following two holidays.
Trade In all lines was brisk today.
At a meeting of the State Railroad Com
mission and the various grain Inspectors
in the state today,, it was decided to ac
cept the Minnesota grades on hay in this
state, commencing June 10. All hay com
ing to this market after that date will ba
Inspected. It wis also decided to reduce
the Inspection fea from $1 to 75 cents.
Eggs advanced to 27 and 28 cents. The
supply was limited. Word cojnes from the
country that shippers are holding stocks.
Butter was steady and unchanged.
QUOTATIONS AT SAN FRANCISCO.
Prices Paid for Produce la (ho Bay City
Markets.
SAN FRANCISCO. June 2. The follow
ing prlaes ere quoted in the produce mar
ket today:
OnionsRed. 65c3$l.
MlUstuffa Bran, $28.60aO; middling
$S335.
Potatoes Oregon Burbanks, $3.25 2.00;
Salinas Burbanks, nominal; sweets, nom
inal. Vegetables Hothouse cucumbers, $11.60;
garlic, 45c; green peas, $l.0ig2.25; string
beans, 3-'c; tomatoes, $1.501.75; egg
plant, 1214loc; asparagus, $12.25.
Butter Fancy creamery, 25 c; creamerr
seconds, 25c; fancy dairy, ' "24 c.
Poultry Roosters, old, $1&5; young $99
12; broilers, small, $2.5003; broilers,
large, $3.50 4.50; fryers, $6 7; hens, $5
10; ducks, old, $55.50; young, $68.
Eggs Store, 24 c; fancy ranch, 26c.
Cheese New. 1213c; Young Amer
ica, 1516c.
Wool South Plains and San Joaquin,
1217c; Mountain, 612c; Nevada, 1320c
Hay Wheat, $1722.50; wheat and oats.
$1620: alfalfa. $810; stock, $89; bar
ley. $1014; straw, per bale. 50S0o.
Fruits Apples, choice. $1.60; common,
40c; bananas. 75c$3.0O; limes, $45;
lemons, choice, $3; commons, $1; oranges.
$1$!2.75; pineapples, $26.
Receipts Flour, 330 Backs; wheat, 45 cen
tals; barley, 16,295 centals; oats, 770 centals
corn. 620 centals; potatoes. 3075 sacks; bran,
75 sacks; middlings, 870 sacks; hay, 860
tons; wool, 499 bales; hides, 670.
Metal Markets.
NEW YORK, Juno S. Tho London tin
market was unchanged, with spot quoted at
131 17s 6d and futures at 183 3s 6d.
Locally the market was dull and somewhat
lower, with spot quoted at $28.87 2. 12.
Copper waa lower In the London market,
with spot quoted at 60 and futures at 60
16s 3d. Locally, the market was Arm and
showed an advancing tendency, with Laks
quoted at $13.37 13.62, electrolytlo at
$13.12 1S. 87 and casting at $1S13.25.
Lead declined to 13 2s 6d in London, but
premalned steady at $4.354.45 in the local
market.
Spelter was unchanged at 22 2s td In
London. The local market was firm at
$5.175.22.
Iron was lower, at 48s 10 d In the London
market. Locally it was steady and un
changed.
Changes in Available Supplies.
NBW YORK, June 2. Special cables and
telegraphic communications received by
.Braastreet's snow tn following changes in
available supplies as compared with previous
aocounts:
Wheat. United States, east Rockies, de
creased. 3.063,000 bushels; Canada, decreased
1,644,000 bushels; total. United States and
Canada, decreased 4,707,000 bushels; afloat
lor ana in JSurope, Increased 700,000 bushels
total American and European supplies de
creased 4,uu,uou Dushels.
Corn, United States and Canada. Increased
1,764, 000 bushels.
Oats. United. States and Canada, decreased
l.UbS.UUU DUSIheiB.
Coffee and Sugar.
NEW YORK. June 2. Coffee futures
closed quiet, "net unchanged to o points
nigner. Bales, snuo Dags, including June" at
7.00c, July at 6.60c iand September at 6.10c
1 xwo, 8C; NO. 4
Santos. 8o; mild quiet; Cordova, 2 a
12c
Sugar Raw, quiet; fair refining, a.2oj
centrifugaal. 96 test, 8.92c; molasses sugar,
3.17e; refined steady. 1
Dairy Produce in the East.
CHICAGO. June 2. Butter Steady.
UQUiieneB, . a e , uairies, 2924c
Eggs Steady at mark, cases included
firsts, 19c; prime firsts, 2114c
Cheese Easy. Daisies, 1213c; twins.
long horns. 1313c
NEW YORK. June 2. Butter Steady.
Cheese Steady, unchanged.
Eggs Unsettled. Western firsts to extra
uisia, 4iu"v seconas, 2U(jyZOc
New York Cotton Market.
NEW YORK. June 2. Spot cotton closed
quiet, 10 points higher. Middling uplands.
ii.i 11mm mifs uuu, 11.WC. j;o sales. Fu'
tures closed firm. June. 10.88c: Julv 10 a-.,.
August and September. 10.86c; October, No
v ,.-1 1 1 li t nu iecumocr, Au.sac; January
10.77c; March. IO.8O0.
Wool at St. Louis.
ST. LOUIS. June 2- Wool Dull. Medium
grades combing and clothing. 2529c; light
fine, 2126c; heavy One, 1422c; tub
wasneo, otvoc.
Flaxseed at Minneapolis.
MINNEAPOLIS, June 2. Flax closed- at
SL7T.
New ' York. Columbia University nn
Wednesday conferred the degree of doctor of
laws on Dr. Abbett L. Lowell, pnesident of
iiarvaro university; count von Bernstorff,
German Ambassador to the United States!
and upon John Spooner, ex-United States
Senator from Wisconsin, and Air"1 -Mosely
C, M. Q-, of London. England.
TOP MARK FOR JULY
New Record Price in the Chi
cago Wheat Pit.
FOREIGN NEWS BULLISH
Wet Weather in Texas May Jielaj
Harvesting Profit - Taking
Late in Day Causes
a Reaction.
CHICAGO, June t A new high mark for
the July delivery was established In wheat
today when the price touched $1.20 per
bushel, which la a gain of o compared with
the previous high point. The market closed
Arm at net gains of GHc to Tc
Extreme bullishness prevailed in the wheat
pit during the .early part of the day. but in
the final half of the session much of the
buoyancy was lost, and prices at tho olose
were from Ho to c below, the opening
figures. The demand at the start was based,
on oulllsh foreign advloes, advances at all
the leading European grain centers and wet
weather In Texas, which may delay harvest
ing.
Toward the middle of the session offerings
became more liberal. As a result of this
profit-taking the July delivery sold off from
$1.20 to $1.11.19 and the more dis
tant futures declined about lc from the high
point. . The market rallied again, however,
on buying by shorts and closed firm, with
July at $1.18.
Corn scored a sharp advance early on buy
ing of the July delivery by shorts, . but lost
part of the gain later, because of liberal
realizing sales. July sold between 71 c and
72 c The market closed firm with prices
up o to c, compared with yesterday's
final figures, July being at 7172o.
Oats were firm, but th-e market waa less
buoyant than either wheat or corn. The
market closed steady with prices a shade to
c higher than yesterday's final quotations,
July being at 58E3c.
Provisions closed steady with prices un
changed to 10o higher, compared with the
previous close.
WHEAT.
Open. High. Low. Close.
$1.19 $1.20 $1.19 $1.19
1.10 1.10 1.09 1.10
1.08 - 1.08 1.07 LOS
CORN.
.72 .72 .71 .72
.69 .69 .68 .68
.68 .68 .67 .68
OATS.
.64 .64 .68 .53
.44 .44 .44 .44
.44 .46 .44 .44
MESS PORK.
19.62 19.55 19.37 19.47
Sept.
Deo..
July.
Sept.
Deo..
July.
Sept.
Dec
Sept...... 19.60
19.67 19.50
19.60
LARD.
July 11.12
Sept 11.22
11.18 11.05
11.26 11.15
11.07
11.20
SHORT RIBS.
July 10.50 10.52 10.45
10.47
10.60
Sept 10.65 10.65 10.47
Cash quotations were as follows:
Flour Firm.
Rye No. 2 87o.
Barley Feed or mixing. 75.7tc; fair
to choice malting, 7677o.
Flax seed No. 1 Southwestern, $1.57;
No. 1 Northwestern, $1.67.
Timothy seed $8.0-
Clover $10.00.
Pork Mess, per barrel. $11.47.
Lard Per 100 lbs.. 819.60.
Ribs Short, sides (loose), $10.42 O
10.62.
SldeB Short, clear (boxed), $10.7511.
Total clearances of wheat and flour w,r.
equal to 18.000 bushels. Primary receipta
were 227,000 bushels, compared with 836,000
bushels the corresponding day a year ago.
The world's visible supply, as shown by
Bradstreet's, decreased 4,007,000 bushels.
Estimated necelpts for tomorrow 1 Wheat,
none; corn. 182 cars; oats, 157 cars; hogs,
26.000 head.
. . Receipts.. Shipments.
Flour, barrels 22,000 27 8 00
Wheat, bushels 7,200 60,400
Corn, bushels 630,000 280,000
Oats, bushels 666,300 242 300
Rye, bushels 6,000 1 000
Barley, bushels 130,500 3.400
Grain and Produce at New York.
NEW YORK. June 2. Flour Receipts
44.979 barrels, exports 8224 barrels; market
quiet but firm. Winter straights, 26-65
6.85; Winter extras. $4.85 6.70; Winter
patents. $6.60 6. 85; Winter low grades, $4 75
5.80.
Wheat Receipts 53,500 bushels; spot easy.
No. 2 red, $1.47 asked elevator and $1.47
nominal f. o. h. afloat; No. 1 Northern Du
luth, $1.3Snomlnal f. o. b. afloat; No. 2
hard Winter, $1.40 nominal f. o. b. afloat.
An active covering movement sent July
wbeat up to a new high level today, reflect
ing the strong cash situation. Later months
followed but eventually the whole list eased
off under realising and favorable Western
crop -news, closing unohanged to o net
higher. July closed, $1.25; Sepoembeo.
$1.16; December, $1.14.
Hides Easy. '
Hops, wool and petroleum eteady.
Grain at Ban Francisco. :
SAN FRANCISCO, June 2. Wheat Firm.
Barle" Quiet.
Spot quotations:
Wheat Shipping, $2.10 2.10 per cental;
milling. $2.100 2.20.
Barley Feed, $1.651.57 per centalt
brewing. $1.62, 1.66.
Oats Red. $2.10 2 30 per cental; white,
$2.152.20.
Callboard sales:
Wheat No trading.
Barley June and July, $1.45 per cental
asked; December, $1.38 L39.
Corn Large yellow, $1,70 & 1.75 per cental.
European Grain Markets.
LONDON, June 2. Cargoes, firm, walla
Walla, on passage, 44s 6d to 45a
English country markets Steady.
French country markets Quiet.
LIVERPOOL, June 2. Wheat July 8s
6d; September, 8s 6d; December, 8s
8d. Weather, fine.
Wheat at Taooma.
TACOMA, June 2. Wheat Milling, blue
stem, $1.3001.35; club. $1.14. Export, blue
stem, $1.24; club. $1.14; red, $1.09.
Wheat at Seattle.
SEATTLE. June 2. No milling quotations.
Export wheat: Bluestem. $L24; club, S1.14;
red. $1.09.
Speeding Autos Bear
Same Number
Two Red Can and si Black One Form
the Latest 1'nsxle for Police, to
Solve.
COMING down Washington street at a
great speed, its tonneau filled with
passengers, a bis red touring car iarely
missed colliding- with, a Twenty-third-street
car near Sixth street shortly be
fore midnight. It had no sooner dis
appeared up Seventh street when a sec
ond car of the same description, tallying
In every point, came down the same
street with the same rush. Standing on
the corner, a policeman, who had scarce
ly recovered from the first flash of red,
had Just started to Jot down the number
of the car In his notebook: when the sec
ond car passed by. He looked at its
number and gasped. He rubbed his eyes
and looked again, but both cars had dis
appeared up Seventh street. The occa
sion for his wonderment was the fact
that both cars carried the same number,
1087.
The patrolman made his way toward
his call box to report the strange case
to headquarters. He turned a corner,
when an equally speedy machine, black
aa night and filled with a party of pleas-
LUMBERMENS
National Bank
CORNER SECOND AND STARK STREETS
mass ii.ii
ESTABLISHED 18S9
Oldest Bank on Pacific Coast
Interest Paid on Savings Accounts and Certificates of Deposit
Wo Issue Letters of Credit, Foreign Drafts and Travelers Checks
OFFICERS.
W. it. IADD, President.
EDW. COOKINQHAM, V. -President
W. H. DTTNCTKLEy, Cashier.
B. a HOWARD, JR.. Asst Cashier.
l W. LADD, AlKt Cashier.
WALTER M. COOK. Asst. Cashier.
THE BEST STREET INSURANCE
IS THE BITULITHIC PAVEMENT
It insures against dust, mud and street noises. . ,.C f
It insures against slipperiness and falling horses.
It insures against cracks, disintegration and costly repairs.
It assures a sanitary and durable street. f
It assures conscientious workmanship and best materials.
It assures perfect satisfaction. - ,p
BITULITHIC INSURANCE IS SAFEST AND SUREST
WARREN COSTRUCTION COMPANY
317 Beck Building, Portland, Or.
ure-seekers, flashed by. He looked at
Its number and pinched himself. It like
wise carried the figures 1087.
Here was a mystery. A complete re
port was turned In to headquarters, re
sulting; in Captain B. A. Slover making;
it a subject for special communication to
Chief Grltzmacher and the assignment of
Sergeant Klenlin to the esse. But de-
Bonds
Investments
CALL OR WRITE
T. S. McGRATH
Lumber Kxchanse,
FORTLANO,' OREGON.
HARTMAN &
THOMPSON
BANKEES
CHAMBER OP
COMMERCE
invite attention of
new residents to
their efficient and
conservative
methods of a gen
eral, up- to -date
banking business.
IRaTELEBs OCIDK.
Steamer Chas. R. Spencer
FOBTLASD-ASTORLV.
Round trip dally except Monday, for As
toria and way landings: leavlns; Portland
at T A- M-. arriving; Astoria 1 P. M. Return
ing, leave Astoria 3 P. M-. arrive Portsand
8:45 P. M. Sunday excursion, Astoria and
return. Leave Portland 8 A. M. ; return
P. M. : fare (1.00 round trip. Portland,
Washinrton-St. dook. Phone Mala S619. Cal
lender dock. Astoria.
Lf.a. .k-wrtjti.rt
CAPITAL $1,000,000
Surplus and Profits 3500,000
DIRECTORS.
EDWARD COOK INGHAM.
HENRY I CORBBTT,
WILLIAM M. LADD,
CHARLES E. LADD, .f
J. WESLEY LADD,
8. B. LINTHICUM,
FREDERICK B. PRATT.
THEODORE B. WILCOX.
spite the fact that word was sent all
over the city to keep a sharp lookout for
the duplicate numbers, nothing mare was
heard of them.
Ban Ang-elo. Tex.--The total wool clip for
the season In this section will reach 2.500 000
pounds. '
TRAVELERS' GUIDE.
$66 alasa
frw-'WksJT AND BACK
INCLUDING BERTH AND MEALS
Only g a 'Day for 11 Day
SUMMER KXOURSIONa via "Inside Pas
safte" from Seattle to Land of Mldnisht Son
Totem Poles: lee Floes. Glaciers. Mirages.
Fiords. Mountains. Islands and Forests.
ONLY TWELVE EXCURSIONS
RESERVE BERTHS NOW
Pacific Coast Steamship Co.
E. F. D EG BAN DP UK. P. & F. Aot.
249 Washington Street Portland
HONOLULU
and back $110, First Class
BeaU Them All
for sailing;, surf,
boating, surf-board
riding. (u.ah.thl.a
swimming and aquatic sports: fiahin s;. base
ball, tennis, grolf. automobilinsT. Most at
tractive spot on entire round the world toar.
Five and one-half days from San Francisco
by S.S. Alameda (wireless), sailing- Juno 5,
26. July 17th, Augr. 7. etc BOOK NOW and
secure the best berths.
Line to Tahiti. New Zealand and Aostrafisi
S. S. Mariposa sailing July 1, Aug. 6. etc
Tahiti & back $125. Wellington & back 1260.
O. S. S. Co.. 673 Market St., San Francisco
j$amburg-Jtmericaa
London Iari Hamburg.
Pennsylvania. .Jane SjBluecher June IS
Deutschland. . June 5 "Amerika Juns 19
P Llnc'lntnew) June 9!GrafWaldersee June 24
CIncin'tUnew) Juno 12iClevel-d (new), June aa
ITALY
8. 8. BATAVIA
via Azores Gibraltar,
Naples and Genoa.
JJune 3, July 29
" MOLTKE . t'June 10. July 22
" HAMBURG fjuly 1, Aug. 14
Gibraltar. 'Naples and Genoa.
Hamburar-Amertean Line, 1GO Powell St.,
San Fnudiica, and Local Agents Portland.
SAN FRANCISCO PORTLAND S. 8. CO.
Only direct steamer and daylight sailing.
From Alnsworth Dock, Portland. 9 A. M.
S.S. Rose City, June 5. 19, etc.
S.S. State of California. June 13, ete.
From Lombard St.. San Francisco, 11 A. M
S.8. State of California, June 5.
Rose City, June 12, 2u, etc
J. W. Ransom. Dock Agent.
Main 2d(i Alnsworth Dock.
M. JT. BOCUS, City Ticket Agent. 142 3d Bt
Phone Main 402. A 140a.
NORTH PACIFIC S. S. CO'S
Steamships Roanoke and Elder
Sail for Esreka, San Prasclaco and Lost
AKareles direct every Thursday, a p. M.
Ticket Office 132 Third, Near Alder.
Phones M 1314, A 1314.
' II- YOUNG, Agent,
COOS BAY LINE
The steamer BREAKWATER leaves Port
land every Wadnesuay. 8 P. M-, (ram Alas
worth dock. lor Nortb Bend. Marshfleld and
Ceos Bay points. Freight received till 4 p.
M. on day of sailing. Passenger fare, first-.
class. 110; second-class. ST. Including berth,
and meala Inquire city ticket office. Thtrol
and Washington streets, or Alnsworta. doas-l
riiMi Mala Ml, '