THE UrORXING OREGOXIAy. SATURDAY, JUXE o, 1909.
17
RISE lii CONTRACTS
Thirteen Cents Offered for
New Sonoma Hops.
OREGONS WORTH AS MUCH
Dealers Unable to Buy In This State
Without Raising Their Bids.
, Fifteen-Cent Market Is
looked For.
Th. poor success that has rewarded the
efforts of tho hop dealers to seour. new
hop contraota will loon force them to raise
their blda Offer, of 13 cents are wasted
on Oregon growers. The farmers believe
there will be a It-cent market, and so does
everyone else, for that matter.
California started the advance by lift
Ins; the contract price from 10 H cents to
II cents and the dealers in this state fol
lowed their example. Now the California
dealers have put the market up another
per, 13 cents having been offered In Sonoma
ysterday, and Oregon hops, grown or un
srrown, are worth as much as Sonomas any
time. It would occasion no surprise to
hear of 14 cents being offered In this state
In the near future.
Spot hops share In the strength of futures.
Buyers stand ready to pay cents for 1908s.
but there are no sellers at the price. Or
ders are also In the market for olds. The
Tork market was quoted Arm yester
day. Probably reflecting the strength on the
Coast.
Interest at this time, of course, centers on
the English crop, on the size of which tho
course of the market chiefly depends. There
have been rumors for several days that
vermin have Infested the English yards and
that conditions are unsatisfactory. The fol
lowing cable was received from London by
Isaac Plncus Sons, of Tacoma, .yesterday:
"Crop prospects less favorable. Weather
unpropltious. Lice Increasing rapidly. Mar
ket firmer but not quotably higher."
Klaber, "Wolf & Nettera London cable was
as follows:
There Is great Improvement on conti
nent. There la favorable change In weather
In England."
The Associated Press weather cable re
ported rain In England yesterday.
BOX APPLE EXPORTS IN CREASED.
Falling Off in Foreign Shipment of Bar
reled Fruit.
The annual review of the apple export trade,
issued by Mahlon Terhune, tho New York
broker, shows that during the 1808-09 sea
son New York exported S63.S27 barrels and
&20.TB3 boxes: Boston exported a total of
1SS.914 barrels; Montreal, 353,116: Portland.
.S9.403; Halifax, 610.088; St. John. 60.790; An
napolis, 16,008.
The ports of Import took In the following
amount of American apples: Liverpool, 6T4,
700; London. 06. 253; Glasgow, 8tl,8S9: Bam
urg. 1-V910; Manchester. 79,293; various.
06.070.
The total exports for the year, as shown
In the figures presented, were 1,572,615 bar
rels and 620.792 boxen, Last year during the
1907-100S season the total amount of barrels
exported was 2.408.628, Willie the boxes only
amounted to 285,206. The largest -export
year was In 1008-180. when 8.506,33 barrels,
were Imported and 888,976 boxes. While by
mem the largest season In barrel exports,
this has been by all odds the largest season
1 In bos: experts fce nearest approach to It
being In 1 905-1808, when barrel exports were
3,186,181 and box export 416.266.
STBAWIUUIBT SUPPLY KATHER 1.1 CUT.
Good Prices on . the Market and on Front
Street.
That supply of otrawberrles yesterday was
not as large as exported and prices were
firmer. Good fruit M the Bast Side market
sold at 82.7&g-3 and on the street most sales
were made af3.25. the full, price range
being 12.60 to $3. 75. the latter figure being
obtainable on Hood Rivers.
Klve crates of cantaloupes were received
and brought 86 per crate. Apricots and
pe&cihea were more plentiful, but sold at for
mer prtoea. A car of Florida pineapples and
four oars of bananas rwere unloaded.
The vegetable market was overstocked with
beans and asparagus. Good peas were scaroe,
but a lot of poor quality was on hand.
Two oars of new potatoes have arrived this
week and prices have declined to 8 cents. Old
potatoes were quoted weak on the street.
SMALL IIKJUD IX GRAJC5J MARKET.
Weekly Wheat Shipments of Foreign Ex
porting Countries.
The local grain market yesterday was with
out special feature. There was but little de
mand of any kind.
Weekly foreign shipments were reported by
the Merchants Exchange as follows:
Argentine shipments. 1.K4.0O0 bushels; las'
week. 2,016.000 bushels; last year, 2.616.000
bushels; Australia, 80.000 bushele; last week,
S00.00O bushels: last year, 24 S. 000 bushels;
India shipments.- 1,608,000 bushels; lam week,
1.440,000 bushels: last .year, nothing.
Loaal receipts, la cars, were reported by
the Merchants' exchange as follows:
Wheat Barley Flour Oats Hay
May 20-30-81 8 i 29 a 9
Jun 1 - 2 8 .. it
June 2 i 6 a q
June 3 5 .. li 3 J
Total last week 24 6 so 18 5g
Small Crop of Cantaloupes.
L. M. Lyon, the Brawley. Cal.. cantaloupe
man. writes to the Fruttman's Guide that the
Imperial Valley win ship about 1000 ears ot
cantaloupes this season. He adds:
I think it wise to Inform the public of the
small quantity of California cantaloupes at
the present time In prospect, for by the ad
vertisements during the Winter one would be
led to believe that the acreage and shipments
would be as heavy as last year, while the
truth la that Instead of 10.700 acres of the
crop of 1908 there will be less than 3000 acres
shtpped from this year.
Egg Market Firmer.
Increased receipts of eggs and a somewhat
better local demand have caused a firmer
market than has been noted for several weeks.
Prices In some quarters were advanced j ester,
day to 24ti cents.
The poultry market was steady, with a good
all-around demand.
There were no new developments In the
butter or cheese markets.
Bonk Clearings.
Clearings of the Northwestern cities yes
terday were as follows:
Esniff Bnc
ti,okam LBiiiuss -;S3o
PORTLAND MARKETS.
Vegetable and Fruit
FRESH FRUITd Apples, $12 50 per
box. totrawbrriea. K.&otf 3.7 Jer raw
cherries, $1 4t 1.85 per box; gooseberries
5(66c per pound; loganberries, 75c 1 per
crate; peaches, $2 per box: airicots, $1.75
X per box; cantaloupes, $5 per crate.
POTATOES Jobbing price, $2 2.25 per
hundred; new California, 3(33c per lb.;
sweet potatoes, 4c per pound.
SACK VEGETABLES Turnips. $1.23 pe
-ack; carrots, $1.25; parsnips, $1.50; beats
1.7& ; horseradish, lOo per pound.
TROPICAL FRUITS Oranges, navels. $2 25
$3.25 per box. ksinona, $1.75 4; grape fruit.
$3.50 riy 4 per box; bananas, fis 3c pet
pound; pineapples, $4 per crate.
OMONS Bermuda, S1.3&1.60 per crate;
red. S3 per sack.
VEGETABLES Artichokes. 50 60c do.;
asparague, 6 '& 7c per pound; beans,
S&;l0c. cabbage, 2c per pound.; cauli
flower, $3 per crate ; corn, 75c per dozen;
cucumbers, B0c $1.25 per dozen; lettuce,
hothouse, $1.50 per box; lettuce, head. 20c
per dozen; onions. 1215c per dozen;
parsley, 3no per dozen ; peas, 7 8c per
pound; radishes, 15c par -dozen; rhubarb,
3 (Q 3 140 per pound ; spinach. Be per pound;
squash. 75c(Q $1.25 per box; tomatoes, Mexi
can, $2 2. 50 per crate.
Grain. Floor, Feed. Etc
WHEAT Track prices: Bluestem mllllnv.
S1.30&1.35: club, $1.20Q1.22; Valley. $1.17.
FLOUR Patents, $0.25 per barrel; .straights,
S3.30; export. $4.70; Valley, $5.50; graham.
$5.tiO; whole wheat. Quarters, $5. SO.
CORN Whole, $33 per ton; cracked, $39
per ton.
BARLEY Feed, $35 per ton.
OATS No. 1 white, $40.50-&41 per ton.
MILLSTUFPS Bran. $20. SO per ton; mid
dlings, $33; shorts, J29i332; chop. $24 SO;
rolled barley, $30 37
HAY Timothy, Willamette Valley. $15
19 per ton: Eastern Oregon. $1022;
clover, $11(3)12; alfalfa. $132f 14; chsat, $146
14.50; vetch, $14 14.60.
Dairy and Countrr Produce.
BUTTER City creamery, extras, 26V4c;
fancy outside creamery, 25 H4c per
Id. ; store, 18o. (Butter fat prices aver
age 1 Vfc cents per pound under regular but
ter nrlces. )
EGGS Oregon ran oh, 23tt24tto per
dozen.
POUTTRY Hens 13liSUc; Springs, 18
20c; roosters. 89c; ducks, 141816c: geese,
10llc; turkeys, 1820o; squabs, 82(2.25,
p-ar dozen.
CHEESE Full cream twins,
per pound: yonng Americas.
California, 16 17c
PORK Fancy. iOo per pound.
VEAL, Extras. 8o per pound
7c; heavy, 6c
1814 16o
16 17c;
ordinary.
Groceries, Dried Fruits. Etc.
DRIED FRUIT Apples, o per " lb. :
peaches, 754 8c; prunes, Italians, 5&64c;
prunes, French, 4&6c; currants, unwashed,
cases, 9c; currants, washed, cases, 10c;
figs, white fancy, 50-lb. boxes, Ut4c: dates.
7i47Vc.
SALMON Columbia River, 1-lb, tails,
$2 per dozen: 2-lb. tails. 82.03: 1-pound
fiats. ti.lOii; Alaska pink, 1-pound talis,
oc; red, 1-pound tails, 81. 4; sockeyes, 1
pound tails. $2. ...
COFFEE Mocha, 228c; Java, odrinary.
1720c; Costa Rica, fancy, 1820c; good,
16lSc; ordinary. 12"i16c per pound.
NUTS Walnuts. 12 13c per pound by
sack; Brazil nuts. 16c; filberts, 15c; peanuts,
7c; almonds. 13 14c; chestnuts. Italian,
11c; peanuts, raw, 6c; plnenuts, 10 12c;
hickory nuts, IOo; oocoanuts, yOc per dozen.
SUGAR Granulated 80.03; extra C, 85.50;
golden C, 15.45; fruit and berry sugar, 8805;
Honolulu plantation, fine grain, 86-00:
plain bag, 85.85: beet granulated,
cubes tuarrel), 86.45; powdered (barrel)
$6.30. Terms: on remittances within 15
days, deduct c per pound; If later than 15
days and within 30 days, deduct He per
pound. Maple sugar, 15 18c per pound. .
SA1.T Granulated, 13 per ton. 81.80 per
bale; half ground, 100s, 87.50 per ton: 50s.
83 per ton.
BEAN'S Smafl white. Tc; large white,
5c: Lima, 6ic: bayou. 64c; Mexican
red, 7c.
Provisions.
BACON Fancy, 22c per pound: standard,
19c; choice, 18c: English, 16 17c.
DRY SALT CURED Regular short clears,
dry salt, 13c; smoked. 14c; short clear
backs, heavy dry salted, 13i4c; smoked,
14V4c; Oregon exports, dry salted, 14o;
smoked, 15 toe.
HAMS 10 to 13 lbs., 16c: 14 to 16 lbs..
10c; 18 to 20 lbs.. 16c; hams, skinned.
15c; picnics. 11c; cottage roll, 12c; shoul
ders, lie; boiled hams, 22323c; boiled pic
nics. 19c.
LARD Kettle rendered: 10s, 15c; 5s
ISMc; Standard pure: lOs. 14cH 6s, 14e
Choice: 10s, 13c; 6s. ISVic Compound:
10s. 9c; 6s, 9c.
SMOKED BEEF. Beef tongues, each.
60c; dried beef sets. 19c; dried beef out
sides, 17o; dried beef lnsldes. 21c; dried
beef knuckles, 20c
PICKLED GOODS Barrels: pigs' feet
813; regular tripe. 810; honeycomb trine.
812; pigs' tongues, 819.50.
BARRELED MEATS Mess beef, $12 per
barrel; plate, 814 per barrel; family, 14
per barrel; mess pork, I:X per barrel; bls
ket, 822 per barrel.
Hops, Wool, Hides, Etc.
HOPS 1009 contracts. 12o per lb.; 1908
crop, 910c; 1907 crop, 45c; 1900 cron
1 Mi 41' 2c.
WOOL Eastern Oregon, 1722c per
pound; Valley, fine, 25o25c; medium, -3c-coarse.
21c. "
MOHAIR Choice. 242so per pound
HIDES Dry hides. No. 1, 1617o lb
dry kip. No. 1, 1516c pound; dry calf
skin, 18 19o pound: salted hides, 9 9 Vic
salted calfskin. 13 14c pound; green la
less. '
FURS No. 1 skins: Angora goat. 81 tn
$1.25; badger, 2560c; bear, 86&20; beaver,
86.r0S.5O; cat, wild, 75c81-60; cougar,
perfect head and claws. $8 10; fisher, dark,
87.6011; pale, 84.907; fox. cross, 88
to 8o; fox. gray. 60SOc; fox. red, 83 5;
fox. silver. 835 to 8100- lynx. 88 16:
marten, dark. 88 12: mink. 83.50 5.50:
muskrat. 1525c; otter, S2.504; raccoon!
60&75c; sea otter. $100250 as to size and
colon skunks, 55080c: civet; cat, 1015c;
J'01?' r.5: coot. "5c81.25; wolverine,
dark. $3!85; wolverine, pale 82 2 50.
CASCAHA BARK Per pound. 6 cents.
PORTLAND LIVESTOCK MARKETS.
Prices Current Locally on Cattle, Sheep and
Hogs.
There were heavy arrivals ot sheep and
cattle yesterday, but fortunately for the
market, a considerable part went on to
the Sound. Prices. nevertheless, were
weaker and top stoers were marked down
a quarter. Hogs continued Btrong. The re
ceipts for the day were 888 cattle 750
sheep. 157 hosts and 31 horses.
Late sals at the yards Included: 21 hogs
?Y?rf,Be 173 lbs- 7-65; 14 pigs, average
105 lbs.. 87.50; 74 lambs, average 76 Ibs.T
15.25; 62 hogs, average 1S3 lbs., 17.85: 28
KB1'h.aVV?5n 7?J,bs- $6 ttt; 15 P'- average
bit lbs., 86. oO; 100 steers, average 1142 lbs
8o: 50 BWers. average 1129 lbs., 85: 371
sheep, average 101 lbs.. 84.20; 146 lambs,
average 66 lbs. 85; 4 hogs, average 230
10s., 87.86; 14 pigs, average 91 -lbs.. 86.65
.5 steers, average 1148 lbs., 86.
Local prices Quoted at the yards yesterday
were as follows:
..C-7V?? Sl- fP. R: fair to good.
4. i o ; common to good. $44 5o-
cows, top, 844.25: fair to good. 3.7o4:
common to medium, 82.50 3.50 f calves
l.V'5-501 nea-VT- 3.5T4; bulls and stags'
$i;f.t..: common, 8235 2.75
.,1JS Bc,t- K.7o8: fair to good,
87.2o7.50; stockers. 866.50; China fats,
86. i5 7.00.
SHEEI Top wethers, $44.25; fair o
good $3 504; ewes. ij,c loss on all grades!
yearlings, best, 84.25; fair to good. 84?
Spring lambs. 85.
Eastern Livestock Markets.
KANSAS CITY, Mo.. June 4. Cattle Re
ceipts. WHO: market, steady. Native steers.
S3u7: native cows and heifers. S2.75S6C3:
stockers and feeders. 8405.60; bulls, 83.40
ft':'-calv.?s' .a0-7; Western steers, $5.25
4j.i5; Western cows, $3.25 05.25.
Hogs Receipts. 7000; market. 5c to IOo
higher. Bulk of sales, $7010; heavy, $7.40
a i (o; packers and butchers, $6.25 0 7 55:
light. $.Sl7.20; pigs. $5.5506 90
Sheep Receipts. 4000; market. steady.
Muttons, $5.50 6.60; lambs, $6.5008.75:
4"w lrt"dTrarUnBi -733: ewes
$1.00 1 T"M and Arln muttons.
SOUTH OMAHA. June 4 Cattle Re-sTVa10-?1
mark". teady. Western stefrs.
JJoOe; Texas steers, $305.05; range cows
andt heifers. $2 S5Q5.40;. canners, $204;
sixers and feeders. $305.75; calves. $3.25
..Jo; bulls and stags, $303.50.
Hogs Receipts. 9SCH; market, 3c to IOo
?-5Vhe v?ea-;-7-40WT-00: mixed, $7.23
Sheep Receipts, 700; market. steady.
Yearlings $5.7506.75: wethers. $5 506 50!
ewes, $5.25 06.40; lambs, $7.25 0 8.25.
CHICAGO. June 4. Cattle Recelnts esti
mated at 1000; market, steady Beevla
$5.1007 20; Texas steers, $4.6O06 25- WeS
era steers. $4.03 06.25; stockers and feed
ers. $3.60 0 3.50; cows and heifeii t'ia
6.30; calves. $5.5007.75. "e'lers. $2to0
Hogs Receipts estimated at 15.000- mar-kB,t-
S V3-11"- L'Kht. $7 1007 52
mlxe5 " 7; heavy. $7.3007 72H:
"uAhA-$-'-,i7'4,5: eoa to choice heavy;
fal4es.$'-.'0:7.65!BS- 9 bulk oi
Sheep Receipts estimated at 6000- mar-eV.weak-
,Ktlve. $4 0 0.50; Western". $4 23
F.,L10:yearllnBS- -257.30; lambs, native!
$6S.40; Western. $6.25SS.60. native.
New Voik Cotton Market.
NEW TORK. June 4. Cotton Spot closed
quiet; middling uplands. 11.50c; middling
Gulf 11.75c No sales. Futures closed
steady. June. lO.SSc; July, lo.95c: August.
lO.SSc: September. 10.84c; October. 10 8'c
November and December, 10.83c: January
and March, 10.78a
I STEEL DROPS BACK
But Prices of Other Stocks
Are Forced Upward.
BIG INTERESTS AT WORK
Eager Buying of Southern Pacific,
Union. Pacific and Atchison.
Activity in the Bond
Market.
NEW YORK, June 4. Powerful forces ob
viously were at work In ths speculation In
stocks today, the volume of tho transac
tions and th size of the individual opera
tions showing the use of the most abundant
resources such as are commanded only by
speculative capital of the first magnitude.
It was significant of the enthusiasm of
the speculative sentiment that no depressing
effect was produced by the weak tone of
United States Steel, which sold below yes
terdays closing price throughout the ses
sion. Not since May 17 has It happened
before, that United States Steel failed to sell
higher every day than on the day before.
This continuous activity In steel has been
the backbone of the whole market during
that period. Incidentally, there, were rumors
afloat of a private settlement over night of
a short Interest, alleged to amount to 75,000
shares, at a price considerably above any
yet touched by United States Steel In the
market.
In the preliminary burst of the day's spec
ulation there were wide openings in South
ern Pacific, Union Pacific and Atchison. Be
sides the expected exchange of Southern Pa
cific preferred for common stck, there
figured, in the discussion a supposed treaty
of comity among the railroads tn that
group. The Northern Paclnc-Unlon Pacific
agreement, the Union Pacific Influence in
Atchison and tha reported Inclusion of St.
Paul on behalf of Its Pacific extension were
pointed out as confirmatory facts. This and
the Atchison bond issues, were offered as
explanations for the eager buying of those
securities.
Bond flotations and the Increased specu
lative activity have Involved expansion of
loans, but foreign money markets have con
tinued to place funds here. A sharp rise
In the London discount rates today might
not be disconnected 'with this process.
The great activity in the convertible is
sues was the feature of tha bond market.
The tone was strong. Total sales, par value,
$10,744,000. United States bonds were un
changed on call.
CLOSING STOCK QUOTATIONS.
Closing
auxa. xugn.
Low.
Hid.
V.HH1HH! pr tun) b-iyt
61
Stirs
43
3
83
57,
.
43
87 V,
18
&y.
51
44
38
84
57
42
37 is
18
60
M-uiaj copper .... 24,600
Am Agricultural .. 1,600
Am Beet Sugar .. 1,700
Am Can pf 7,200
Am Car at Foun. 4,900
Am Cotton Oil... 13,200
Am Hd Ac Lt pf. 500
Am Ice Securl . . 1.2O0
Am Linseed Oil. . 6uO
Am Locomotives CftKjO
79s
44a
3D
86
6814
70 U
43
87
IMs
61 Vt
Am omeit e Ref 29,900
uo preterred
Am Sugar Ref
1 IOO
113
, IOO 13S
Am Tel & Tel...
2,000 140 13S 18Sj4
1 VtlA KWRi 1,11 n..n.
Am Tobacco pf.
Am W ,ir. 1 th-n
-v-7S 7 7S
36
Anaconda Mln Co.
4 SOO KILi
91
114
105
129
119
94
u
104
292
78
70
4"4
182
156
74
43
4
81
144
80
25
193
5
814
36
' 62
4214.
159
149
75
148
16
46
85
24
IS
41
31 a
47
73
140
6
?!0
' 76VS
43
72
108
88
63
134
51
91
82
149
Atchison
do nreferred
.115,400 1154 112
Atl Coast Line. ,
Bait & Ohio
1.100 I2914 128,
116
'ii "
79
184
2!Ts
2si"
78
7o
4
182 -154
73
42
63
81
144 .
'25
193
60'
88
39
34
52
42
169
148
75
149
16
44
85
24
14
41
Sl
46
73
140
58
140
77
42
72
116
89
53
182
50
89
81
149
Bethlehem Steel -J 4.800
Brook Ran Tran . 4n 1 oft
82
824,
Canadian Pacific. 3,800 185
30
An nrfrnirl
Central of N J. .
100 294
Ches & Ohio 16,200
7
Chicago &. Alton..
Chicago Gt West.
rh(rjrt a. 11,-
60O
71
4
182',
157
74V4
48
64
000
1.500
( ' M Sr. St Poi.l kk'sivi
C. C, C & St L.. 1.2O0
Colo Fuel & Iron., la.'
Colo & Southern . . 1,400
ao 1st preferred.
400
82
do 2d preferred
Consolidated Gas.
Corn Products . . ,
Del & Hudson
D & R Grande . . .
do preferred . . ,
Distillers' Securi.
11,900 1457s
"s'aOO 26"
1.900 194
6,600 61
2.600 894
1.900 40T,
Erie 44.300
36
do 1st preferred. 8,500
do 2d preferred. 3 900
General tr.lAr-tlr, 1 orw 1 ai
Gt Northern pf 22.500 149V4
Illinois Central
9.20O 149
Interborough Met.
17
.500
46
85 4
25
15
41
81
73
Inter Harvester . .
Inter-Marine pf . .
Int Paper
Int Pump -.
Iowa -Central ....
K C Southern ...
do preferred -. .
Louis & Nashville
Minn & St L. . .
M. St P si S S M.
Missouri Pacific
Mo. Kan & Texas
do preferred
National Biscuit
National luan
4O0
200
1,300
. 300
700
60O
400
1,200 140
iw OS
1.7O0 141
800
400
300
7BU
43
73
200 1n
4.100 88
'Mex Nat Ry 1st pf
100 63K
N Y Central 67,400 135
N T, Ont & Wrest. S1.2O0 62
.-sorroiK & west. 11.100 91
North American.. 1300 R2
91
Northern Pacific.. 49,6fK 150
rami .... 1J n't
29
2
Pennsylvania 59.200 138 138 137
People's Gas 1,700 115
114 114
f. u L ft at L. . , 7O0 93
Pressed Steel Car. 1,000 45
Pullman Pal Car. 100 189
Ray Steel Spring. . 600 46
Reading . 17B.300 167U,.
Republio Steel ... 12;9n0 32
do nr-efT-rs K AOA irvii
" 44 44
189 189
46 45
155 156
ill 32
100
10.,
83
rnt
45
2T
70
rtocK island CO... 63.200
do preferred 6,700
Ft L & S F 2 pf.. 2O0
St L Southwestern 700
do preferred 400
33 32
71 70i
45
45
27
69-
28
70
Slops-Shefrield .... 700
J - ' .... fr m ?!, 001
Southern Paciflov ..141.200 133 130 333
84
88 V,
84
5.100 134 132'
7.20O 32 ,31
Southern Railway,
do preferred ....
31
l.OOO
1 enn copper
roo
42
36
f2
Texas & Pacific! 27,600
41
86
Bl
- 69
191
97
82
41
67 V.
126V5
62
62
21 V.
63
21
83
74
33
Tol. St L West.
600
52
69
191
87 '
82
41
67
125
52
52
21
631?
21
84
74
11
do preferred
600
O
TTnlon PaHfln
...151. 90O 192
do preferred
V S Realty
TT S Rubber .
U S Steel
cjo nrferr-Ai1
E.lflO
98 S
83
42
69
2,100
. 29.900 128
Utah Copper .
Va-Caro Chemical.
Wabash
do preferred . . .
Western Md
Westlnghouse Eleo
Western Union . . .
Wheel L Brie..
5, TOO 53
8.700
1.70
1.10O
70i
1.30O
SOO
SOO
63
21
64
22
84
74
Wisconsin Central
69
59
0814
Total sales for the day, 1,616.500 shares.
BONDS.
NEW TORK. June 4.- Closing quotations
TJ S ref 2s reg..l01JN T C gen 3s 93
ao coupon. 101, Nor Pao 3s 7JT4
TJ S 3s reg. .
do coupon
U S 4.3 reg.
do coupon
D &. R G 4S
..101 do 4s 102
..102 Union Pas 4s. ..102
..118 Wis Cen 4s 95
"-l87 rapane" " 88 H
London Stocks.
LONDQX. June 4.-ClosIng quotations -Consols
for money, 84 c; consols for ac
count. 84.
Anaconda
.. 10 N T Cen
..116 .Nor West.
..107 do pfd ...
..119 Ont & west.
. . 189 Pennsylvania
. . 81 Rand Mines .
..135
- 91
. . 90
.. 53
. . 50
.. 10
. . SO
.. "32
.- 72
-.136
-.199
..100
-. 70
..130
Atchison
do pfd.
B O. . .
Can Pac .
Che O
Chi Gt W
C, M & St Pan'u'.15 so Ry
reading .....
T Rppra
1U An
D 4- R G.'. .
do pfd . .
Erie
do 1st pfd
do 2d pfd
Grand Trunk
111 Cen
52!so Pac
90jUnlon Pac .
37 do pfd ...
53 u S Steel..
43 1 do pfd ...
22 I Wabash
1 SI li. ! nn -A
143 ISpanish 4s'"
..... 55
98
89
L & N.
M,
K & T 44Amal Cop
Money, Exchange, . Etc "
NEW YORK. June 4. Money on call,
easy, 1C2- per cent; ruling rate 2 per
c?nV.,closlns bld' 1 Per cent and' offered
at 1 per cent. Time loans, firmer and
fairly active; 60 days. 2 2 per cent; 90
days, 2H26 per cent, and six months,
S4 per cent. Prime mercantile paper.
4 per cent.
Sterling exchange, steady, with actual
business in bankers' bills at $4.8615 0 4.8620
for 60-day bills and $4.8790 for demand.
Conrmerclal bills, $4.85 4.86.
Bar silver. 53c.
Mexican dollars, 44c.
Government bonds, steady; rllroad bonds,
strong.
LONDON. June 4. Bar silver, steady,
24 d per ounce.
Money, ll)i per cent;
The r.a'te of discount in the open market
for short bills is 11 13-16 per cent; do
three months bills, 19il 13-16 per cent.
SAN FRANCISCO. June 4. Silver t-ars,
63c , .
Mexican dollars. 47c '
X rafts, sight 2c; telegraph. 4c.
Sterling on London. 60 days, $4.S6 ; sight.
4.S8.
Dally Treasury Statement. '
WASHINGTON. June 4. Today's state
ment of the Treasury balances In the gen
eral fund shows:
Available cash balances $120,770,101
Gold certificates 28.726.000
Gold coin and bullion 47,548,133
English Bank Bullion Receipts. '
, LONDON. Juna 4. Bullion amounting to
flJO.OOO was taken Into tVe Bank ot Eng
land on balance today.
ALL OPTIONS ARE WEAK
WHEAT CROP REPORTS ARE
MORE OPTIMISTIC.
Heavy Tone In this Chicago Market.
Selling of Jnly Is a Feature
of Trading.
CHICAGO, June 4. Celling of July wheat
was again a feature of trading., the situa
tion In the pit being similar to that of the
previous session, with the exception that
the deferred futures shared today in the
weakness of the nearby months. Crop ad
vloes generally were of a more optimistic
oharacter than heretofore. A heavy tone
prevailed at the close and prices were only
a trifle above the lowest point of the day.
The corn market was strong and prices
agaln advanced to new high marks, July
selling up to 73c and September to 70c.
At the close, prices were a shade to c
higher. July at 7373c afid September at
6484o.
Improvement In demand by shippers for
the cash grain had a strengthening Influence
on ths oats market, sentiment In the pit
being bullish all day. An advance of lo
to 3c In the price of barley also had a
bullish effect. The market closed strong,
with prices up c.
Provisions were strong nearly all day.
September pork advanced to $2O.0T. At
the close, prices were unchanged to 10(3
12 c higher.
' The leading futures ranged as follows:
WHEAT.
High.
1 1 Q U
Low.
$1.17
109
1.08
Close.
$1.18
1.09
1.08
July,.;... $1.19
eepi. . .
Dec. . .
l.iou linu.
1.08 1.08
CORN.
July.
Sept.
Dec.
-78
.73
.72
.69
-689s
.73
.69
-.68
.54
-44
.46
.69 .70
.58 .59
OATS.
.54 .64
44 .45
.45 .45
MESS PORK.
July
Sept
Dec
.58
.44
.44
19 97 .19.99
20.02 20.07
LARD.
I Sept. . N
I
19.80
19.85
19.87
18.87
Jnly..
Sept. .
11.26
11.36
11.35
11.45
11.16
11.35
11.80
11.32
SHORT RIBS.
10.65 10.67 10.65
Julv.
10.62
10.65
Sept. . .
Cash Quotations were as follows
Barley Feed or mixing, 7779o; fair
Flax seed No. 1 Southwestern, 11.68:
No. 1 Northwestern, $1.68.
Timothy seed 83.90.
Clover $10.26.
Pork Mess, par barrel. 819.87 il.90.
Lard .Per 100 pounds. 811.30.
Short ribs Sides (loose), 810.65 10.65.
Sides Short, clear (boxed), $11 11.12.
Total clearances of wheat and flour were
equal to 91,000 bushels. Exports for the
., .. . j ii. ..Mr.ii v.-l r. were equal
to 2.J28. 000 bushels. Primary receipts were
els the corresponding day a year ago. Esti
mated receipts for tomorrow: Wheat, none;
corn, 290 cars; oats, 12 cars: hogs. 105 head
noceipia. snipments.
Wlnill- harral, it. nn
25.90
Wheat, bushels......... 2I400 '
Corn, bushels 262.600
Oats, bushels 409,200
Rye, bushels 4.000
Barley, bushels 70 500
163.100
214.200
199,100
1,700
24,10
(
.Grain and Produce at Now Sort.
1. . w vnTii.- t . .7-1 .
--- -- - - -- nuur 'iiecezpts,
24.185 barrels; exports, 2276 barrels. Market
"...i b ajjiu.it iraae.
Wheat Recelnts. ... -.ni-l . -to rnn. .
easy. No. 2 red, $1.40, elevator! and $1 49
nominal A 1. . . . - . ..
: , ". " w-iiurti; x nortnern Du-
luth. i$1.36, nominal f. o. b. alloaf No i
hard Winter. SI RAU. nnmii - .. w - ' .
. . - ...u i. w. u. aQoai,
There was considerable selling of July
u irauers wno bought later
months, widening the difference. The
weather continued favorable. Cables were
" uomestic casn situation re
malned firm. Near the close, prices weak
o ' " i i n 1 1 1 ci ,ii , 1 1 argen
tine and left off partly c net lower. July
ber. $1.14. ' ecem
Hops Firm.
Hides, wool and petroleum Steady.
Grain at San Francisco.
SAN FRANCISCO, June 4. Wheat Firm.
Spot quotations: .
W'heat Shipping. $2.102.15 per censal
milling. $2.102.20.
Barley Feed. $1.521.65 per cental
brewing, nominal
Oats Red, $2.1002.20; per cental- white
$2.152.20; black, nominal. "
Call board sales: -
vv heat December. $1.87 per cental
..fI.7"oemer' , 5136,4 P htal
v-"'ti uu. June ana July, SI 88
Corn Luge yellow, $L70ail.7B per cental.
European Grain Markets.
nA iHf . June A . , . . .
-.'hn" ij u wil out
steady; sellers - firm, buyers reserved. Walla
an uii pa.ssage at 4S 6d.
.ngiisn country markets qnlet; French
wuntrj mariceis II nil.
niTiinruui,, june 4. Wheat July. 8s
oeptemDer, ss d; December. 8s
VB O-
Weather In England today, rain.
Wheat at Seattle:
SEATTLE, June 4. No milling quota
tions. Export wheat: Bluestem. $1.24- club
$1.14; red, $1.09. Receipts: Wheat. 1 car:
oats, 7 cars. '
Wheat at Tacoma.
TACOMA. June 4. Wheat-Milling, blue
stem. $1.S01.35; club. $1.14; export blue
stem, $1.24; club, $1.14; red. $1.89.
Metal Markets.
- NEW TORK, June 4. The London tin
riar,k! wa5 !2lEher todB-y- with spot quoted
it 133 and futures at 134 7s 6d. Locally
tin was quiet, but higher, in sympathy with
spot quoted at 29.12 29.37c. .
Copper was higher In the English mar
ket, spot quoted at 61 6s and futures or
la, The market locaUy was flrS
and higher also, lake 13.50 13.75c- electro
lytic. 13.2513.50c; casting, 1312fi
13.87 ic. io.i.s(B
Lead was unchanged at 13 8s In Londoru
The local market remained steady at 4 35a
4.45c.
Spelter, unchanged In London, at 22 2s
Od. and firm and hlgner locally, at 5 80
0.85c.
Iron advanced to 49s for Cleveland war
rants In the. London market. Locally n
change was reported.
Coffee and Sugar.
NEW TORK.' June 4. Coffee
closed dull, five points n higher tU
points lower. Sales 5500 bags, including
July at 6.55c; December. 5. Say ?
IT"- N; 7 R1' 7c: No. 4 Santos.'
9c. Mild, quiet: Cordova. 912c
Sugar Raw firm: fair refining. 3 4c
centrifugal 96 test. S.92c; molasses "gar';
8.1. c. Refined. steady; crushed. 5 65c
powdered, 6.050; granulated, 4.95i ;DOC'
BREAK ALL RECORDS
Largest May Business in Iron
and Steel Products.
HEAVY TONNAGE PLACED
v
Trade Situation in Other Lines Pre
sents Many FavoraTjle Features. -..
Less Ja Heard of Tariff
Influence.
NEW TORK. June 4. Bradstreet'a to
morrow will say:
The business situation -presents many
favorable features, but there Is still an un
derlying feeling of conservatism and while
less is heard . of the Influence of tariff
changes on future trade, there Is still ap
parent a disposition to await the- outcome
of present legislative action and & clearer
view as to possible crop yleldlngs.
The activity In Iron and steel Is still a
subject of interest and May business In fin
ished lines Is shown to have surpassed the
like month of any previous year and to have
been superior In tonnage placed, to any
month for two years past.
Wool is quieter and reports from manu
facturing tranches of that trade and of
Silks and cotton show nonsldarable arttvltv.
Business failures for the week ending
June g were 191 against 205 last week, 225
In the like week of 1908, 155 In 1907. 102
In 190S and 194 In 1905. Business failures
for the week In Canada number 26. which
compares with 22 last week and 32 last
3 ear.
Wheat. Including flour, exports from ths
United States and Canada for the week
enaing June 3 aggregate 2,128,199 bushels,
against 3.182,409 bushels last week and 8.-
3(16,704 bushels this week last year. For
me 4v weeKS ending June 8 this year ex
ports iwere m3.021.3i?6 hushcln. u-n inur 192 -
2O0.12O bushels In the corresponding period
last year.
Corn exjrts for the week are 36,193
tuho)s. against S8.J.2 bushels last week
and 283.433 bushels in 1908. For the 49
weeKs enaing June 8, corn exports were
26 976,891 bushels, against 45.057,424 bushels
ihbi year
TRADE REPORTS ARB FLATTERING.
Increased Orders, Bxpanded Production and
. a Higher Prices.
NEW TORK, June 4. R. O. Dunn Co.'s
weekly review of trade tomorrow will say:
Increased orders, expanded production.
higher prices and wages, and in some lines
records approaching even tho high figures
before the panic such are the reports that
now come from the trade every week. The
effects of the late crisis are still to be seen
in the large commercial defaults, although
this seems a passing condition, as the ag
gregate of those In May was the smallest
of any month of this year.
The primary dry goods market Is firmer.
In the woolen division, attention Is at
present concentrated on the Improving of
goods for the coming season.
In the hide market the advance has ceased
for the present.
Bank Clearings.
NEW TORK, June 4. Bradstreet's bank
clearings report for the week ending June
8 shows an aggregate of 82.674,105,000 as
against $2,789,787,000 last week and $2,430 -
j.f-,vvv iji ma corresponaing weeK last year.
u,.w,ue id iisi ol me cities:
Pet. Ino.
r.ew xorlc 81.687.940.000 .
Chicago ...........
Boston ............
Philadelphia
St. Louis
Pittsburg
Kansas City
San Francisco ....
Baltimore .........
Cincinnati .........
Minneapolis .
New Orleans ......
Cleveland .........
Detroit
Omaha
Louisville .........
Milwaukee .......
Fort Worth ,
Los Angeles ......
St. Paul
Seattle ...........
Denver ..........
Buffalo
Indianapolis ......
Spokane, Wash. . .
Providence ........
Portland. Or. .....
Richmond . .......
Albany
Washington, D. C
St. Joseph
Salt Lake City ...
Columbus
Memphis
Atlanta
Tacoma
Oakland. Cal
Helena ...........
Houston ..........
Galveston .........
'Decrease.
247,929,000
133,538,000
136.375.000
18.8
1.3
18.1
53,900,000
40,883,000
37,104.000
82.150,000
24,841,000
21,679,000
14,731,000
11,233,000
13,416,000
12,767,000
13,667,000
11,206,000
9,926.000
12,042.000
11,742.000
7,863,000
. 9.840,000
7,958,000
7,659.009
4,448,000
5.996.000
6. 874. 000
5.949,000
6,889,000
4,885.000
7,434,000
5,561,000
6.672,000
4.961,000
3,286,000
5.641.000
5.277.000
1.755.00O
75.t00
11.586,000
9,291,000
13.4
7.7
21.7
7.1
9.5
11.4
10.8
9.8
6.4
10.9
29.1
15.2
12.1
87.7
27.0
. 81.2
14.5
6.3
1.0
13.7
16.7
39.0
44.0
6.2
14.6
11.1
28.9
14.1
29.9
44.2
54.0
83.7
21. S
30.0
3.9
Condition of th er,ttnr, r
WASHINGTON' .Tn 1 Tk. '. .
crop of cotton on May 25 was 81.1 per tsent
- . mo.,, tuuumon, against 7$. 7 a year
ago. and ten-vesr nvovoD-- i-, , ...
. 01. . 1 fie
area planted this year Is about 95.6 per cent
v. j cu. pianiea to cotton last year
and as-e-res-ntea 1, Km. . n 1 ii '
- ... .i.iin.uvu acres, a
decrease oT 1 4.;t nnn , ,
-, ' . per cent
decrease from the bureau's rsvlsed esti
mate of last year's planted area. This was
today's report of the Agricultural Depart
ment The figures for the area planted this
year Include that already planted and ex
pected to be planted.'
IJalry Produce In the East.
CHICAGO. Juno 4. Butter Steady.
Creameries, 2B26c; dairies, 2034c
Eggs Steady at mark, cases Included
19o: iflrsts. 19e; prime firsts, 21 o.
Choese Steady. Daisies, . 12914o;
twins. 12 012 o; Young Americas, 18a
13o; long horns, 1818c.
NEW TORK. Juno 4. Butter Steady.
Creamery specials. 21c; official, 87c; cream
ery extras, 26c
Cheese Firm.
Eggs Steadier. Western extra firsts.
2126c; Western firsts, 21c; do. seconds
2020o.' '
Dried Fruit at New Tork.
NEW TORK. Juno 4. Evaporated apples,
quiet; desirable supplies, firm; fancy, 8
9c; choice, 77o; price, 6c.
ITunes are said to be cleaning up In the
local spot market, which rules firm at about
recent prices, which range from 9o to
11 o for California and from 6c to 9c for
Oregon fruit.
Apricots, steady to Arm; choice, 10c:
fancy. ll13c
Peaches, quiet and easy. In sympathy with
conditions reported from the Coast; choice,
(56c; extra choice, 6 6c; fancy, 7
8iC.
TRAVELERS' GUIDE.
ALASKA
- AND BACK
INCLUDING BERTH AND MEALS
Only $ a Day for 11 Days
SUMMER EXCURSIONS via "Inside Pas
sage" from Seattle to Land of Midnight Sun
Totem Poles. Ice Floes, Glaciers, Mirages,
Fjords, Mountains. Islands and Forests.
ONLT TWELVE EXCURSIONS
RESERVE BERTHS NOW
Pacific Coast Steamship Co.
E. F. DeGbandfiix. P. A F. Aqt.
24 Washing-ton Stroot Portland
NORTH PACIFIC S.S.CO.
For Eureka, San Francisco and Los
Angeles direct. The steamships Roa
noke and Elder sail every Tuesday at
3 P. M. Ticket office 132 Third, near
Aider. Phones M. 1314 and A 1314.
H. YOUNG, Agent.
THE UNITED STATES
NATIONAL BANK
PORTLAND, OREGON
UNITED STATES DEPOSITORY
CAPITAL AND SURPLUS, $1,000,000
OFFICERS
J. O. ATNS WORTH. President. .B. W. SCHMEER, Cashier.
R. LEA BARNES. Vice-President.
A. M. WRIGHT, Assistant Cashier. W. A. HOLT. Assistant Cashier.
DRAFTS ISSUED ON ALLFO REIGN COUNTRIES
PAYMENTS MADE BY POST TO PARTIES
ABROAD WITHOUT COST TO RECIPIENTS
LtJMBERMENS
National Bank
CORNER SECOND AND STARK STREETS
.
pBiliniUlllilllnlia
ILnoinniEbeiroiraeira i
If you want to
, Buy More -Timber 1
Build imUslandRailroads
Add to YourPresent Plant
Pay Off Your'Floating Debt
Increase Your Working Capital
Please take notice that we purchase out
right timber bond issues of first-class quality,
iri amounts from $100,000 to $5,000,000. t
For quick action,
address us direct
PeaTiodyHoughteling &Co.
(Established 1865)
181 La Salle Street,
flllllUI 'mUlflUlfllmlliiCHiiiJinf fflyiSIiltJlflirlliui
THE BEST STREET INSURANCE
IS THE BITULITHIC PAVEMENT
It insures against dust, mud and street noises.
It insures against slipperiness and falling horses.
It insures against cracks, disintegration and costlj repairs.
It assures a sanitary and durable street.
It assures conscientious workmanship and best materials.
It assures perfect satisfaction.
BITTJLITHI0 INSURANCE IS SAFEST AND SUREST
WARREN COSTRUCTION COMPANY
317 Beck Building, Portland, Or.
TRAVELERS GUIDE.
Jiamburg-Stmerican.
Ixmdon Paris Hamburg.
Deatschlazul. . . June 5" Amerlka . . . .June 19
P.Lflnc'l (new) June 93rafWaldersee June 24
Ctncin (new) June 12 Clevel'd(new) June 20
Bluecher June 16iP.Grant(new) June 30
Rltx Carlton a la. Carte Restaurant.
ITALY
la Azores Gibraltar.
Naples and tienoa.
S. B. MOLTKB tJune 10, July 22.
. " HAMBURG lltJuly 1. August 14.
" BATAVlA July 29, JSept. 28.
U Gibraltar. J Naples and Genoa.
Tourist rept. lor Trips Evaryrwhre.
HambuTK-AmehoBn line, 160 Powell St.,
$&n .Friuioisoo, and Local Agents, Portland.
SAN FRANCISCO PORTLAND 8. . CO.
Only direct steamer and daylight sal Una
From Alnsworth. Dock. Portland. 9 x. jitl
8.8. Rose City. June 0. 19, etc.
Kt&te of California, June US, eto
From Lombard St., San Francisco. 11 a
S.S. State of California, jun0 5
hJi. Rose City, June 13, 26, etc
J. W. Ransom, Dock Agent.
Main 2C8 Alnsworth Dock
M. ROCHE, City Ticket Agent. 142 3d St
Phone Main 402. A 1402.
COOS BAY LINE
worm dock, lor Kortto Uend. ilirsUaelofiisi
Coo. Bay fOut FralEbt rec.ivsd till , P.
n i '" Psen.r far.. Orsf:
aecond-class. 7. Including b.rth
iS2 S-1: Inulr "tir ticket ottlcs. Third
MB M''i, " tk oak.
3
Li
' 'J
- Chicago, 111.
TRAVELERS GUIDE.
HONOLULU
nd back SI 10. First Class
BeaU Them All
for sailing:, surf
boating, surf-board
, . , niuns. sea oatmnjf.
swimming: and aquatic sports: fishing, base
ball. t(tinis 0-nlf D.,nn-nw.t.' &.
, .. - . ....... ..,1. 1.1. 1T1UH u-
tractive spot on entire round the world tour.
i-ive and one-half days from San Francisco
ty S.S. Alameda (wireless), sailing: June S.
26. July 1th, Aug:. 7. etc BOOK NOW and
secure the best berths.
Line to Tahiti, New Zealand and Australia
S. S. Mariposa sailing- July l. Aug. 6, etc.
Tahiti & back J125. Wellington & back $260.
O. S. S. Co.. 673 Market St.. San FrareUco
Steamer Chas. R. Spencer
PORTLAJfO-ASTOKIA.
Round trip daily except Monday, for As
toria and way landings: leaving Portland
at T A. M , arriving Astoria 1 P. M. Return
ing, leave Astoria 8 P. M . arrive Portland
:45 P. M. Sunday excursion. Astoria and
return. Leave Portland 8 A. M-; return a
P. M. : fare $1.00 round trip. Portland.
Washlngton-St. dock. Pbone Main Sola. Cal
lender dock. Astoria
CCATOSXAVUN-AHERICAN IIXE
lj M Ten Twis-Screw r.i.siMisi t
Direct to
Norway. Sweden and Denmark
United States. June lO Oscar II... . July s
' S"; T'et --June U Unlted States. .July 23
"'i1.',8 Plav June lr:- F- Ttetgen..July29
All Steamers Equipped with Trele.s.
. n.f75 nPard; second cabin. 857 0
eA 'B- JOHNSON & CO.. 10O Washington avel
Bo., Minneapolis, Mlniu. or to Iocal Aieata,