Morning Oregonian. (Portland, Or.) 1861-1937, June 16, 1909, Page 17, Image 17

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    THE MORNING OREGONIAN,
WEDNESDAY, JUNE 16. ISO,.
; ' X i
TEN GENT BEANS
Predicted by Jobbers Within
Two Weeks.
MARKET NOW AT 8 CENTS
Serious Shortage Exists on the Pa
cific Coast Strong Demand All
Over tho Country Condi
tion of the Hop Crop.
There ts no pause in the advancing move
ment of the bean market. Record prices
hav been made and broken and as long
as thera are any beans left and the de
mand continues the price seems certain to
climb. Local Jobbers yesterday quoted small
whites at 8 cents and some of them predict
a lO-cent market by the nrst of the month.
Supplies In this part of tha country are
small and In California very few white
bans are left.
Tha latest weekly report of Adolf Kosh
land. of Ban Francisco, says:
"Tha bean market continues very strong.
Further advances have taken place m tha
price of small white and large white beans,
owing to the scarcity of these two varieties.
All other varieties remain very Arm at
previous quotations. There is some demand
for shipment, and it Is likely that there
will be a better demand for pink beans ow
lng to the reduction In freight rates to cer
tain sections, as well as to the fact that
this variety is now the lowest priced bean.
In California. Llmas continue firm. Black
.eyes are quiet but steady. The stock of
beans In the state on June 1 Is estimated
by the Merchants Exchange to amount to
about 350,000 sacks. More than half of this
consists of llmas and blackeyea, and the
greater part of the balance of pink beana."
Advices from a Mew York Importer of
beans contain the following statement:
"The past two weeks have seen heavy and
continued demand for imported beans from
all over the country; in view of the fact
that most buyers are urgent for quick ship
ment but one conclusion Is to be arrived
sP that they have no stocks. Irlces are
rising and will continue to do so. From
Europe cables received state: 'Stocks ex
hausting; unable to make any offers, which
ts both sudden and extraordinary. Buyers
must therefore look to steady and further
advances In prices."
DEMAND VOK FRCIT OXLI FAIR.
Large Shipment of Hawaiian Pineapples
Itecelved Old potatoes Dull.
The demand for fruit yesterday was fairly
good and supplies were rather large. A
big shipment of Hawaiian pineapples was
put on sale at f3f3.50 per dozen. Another
car of Florida pines, said to be the last of
the season, Is due today.
A straight car of California apricots of
fine quality arrived late In the afternoon and
will be put on sale this morning. Another
car will arrive late In the week.
Strawberries were sold on tne public mar
ket st $1.1501.50 and shipping stock moved
on the street at $1.2G82.
Green corn is plentiful and quoted at 25
cents a dozen. The usual assortment of
itep.mer vegetables arrived. Old potatoes
are sluxglsh, with $2 quoted as the top of
the market and sales made from that price
down to $1.25.
The Earl Fruit Company, in a circular to
Its representatives, estimates the California
apple crop as follows: "Gravenstelns, about
ftO per cent of a crop; Belief leura, probably
about 25 per cent less than last season;
Kewtowns and red apples, .about an average
crop. Quality of apples promises to be
gOud."
CllEKSB IS GOrNO FN TO STORAGE.
Prl res Are I J k ely t o Ad van re In a Few
' Iays.
Cheese dealers believe th bottom of tha
market has been reached for this season
and expect prices to advance. In a few days.
Already about 2000 cases have been put
Into storage. There Is a strong demand,
especially from Seattle Handlers are not
pressing sales, but most of the next ship
ment due from the Coast has been sold.
Production has passed the maximum and
is now beginning to decline. The total
output for the year Is estimated at less
than last year a
Butter, eggs and poultry were steady
yesterday at unchanged prices.
GOOD IXQUIRY FOR SPOT HOPS.
No New Bustards . Reported In Oregon
Contracts.
Reports received from parts of Washing
ton and Yamhill Counties yesterday were
that hop yards are showing slight im
provement. Some of the larger growers
have Increased the estimates of their
yards' yields. From other sections the re
ports were . far from encouraging. No
fresh business was reported in contracts.
There was a good demand for spot hops
and full prices were offered.
The "Waterville Times says of the crop
In New York State;
We have had some helpful rains and
bright sunshine, but the nlphts are stil!
too cool to further the best growth of the
hop vines. They are. however, doing well
and many growers have been over their
yards for the second tying. One grower re
ports that he has been offered IS cents on
contract and ltl cents Is quite commonly
offered hereabout, with but few if any
tit kern, however.
(reen liuj s Cop don Wool.
Charles H. Green, representing Koshland
ft Co.. of Boston, was In Condon last week,
according to the Condon Globe, and bought
several clips of wool, among them those of
It. N. Donnelly, C. L. Prlndle and George
Myers. The prices ranged from 30 cents
up. The Kerr-Gifford warehouse Is baling
the wool preparatory to shipping. Mr. Green
left bids wit h the Condon National Bank
on several clips of wool which are only
partly delivered.
Grain Markets Are Pull.
There were no new developments in the
grain market. Trade was dull and prices
were quoted unchanged.
Ivoca.1 receipts. In cars, were reported by
the Merchants' Exchange as follows:
Wheat-Barley.Flour. Oats. Hay.
June 12-13 1 1 13 4 0
June 34 1 7 4
Total last week. .15 .. 61 11 60
Advance In Sueur Expected.
Prospects are good ror an advance in
sugar prices on the 'Coa.it next week. Not
only Is the Eastern market Arm. as la to be
expected at the opening- of the fruit sea
son, but the plantation strike In Hawaii
has shut oft a large part of the supply of
raw sugar from the Coast refineries.
Small Dfmand for CaMam.
Because of tho very free offering of new
rastara bark and the limited demand, local
buyers have reduced their bid price to 3
cents a pcund. New York trade papers re
port that market very dull.
Hans, Clearings.
CSsartnr of tl.e Northwestern cities yes
terday were as follows:
Clearings. Balances.
1.K.1..H04 172.lv!T
l.KTS.02! 30S.2.13
1. ::. ltu 41.14S
1.3.;5,81tJ 115.3S2
Portland
cattle
Tacoma
Spokane
FORTLAXW MARKETS.
Grate. Floor. Feed. Eta,
.,,HI?A,Track..prlc,: B'uestem mllUns.
$1 .inn 1 :i5; club. H.S0jl.Wv; Valley $1
FLOL-R Patents. a.Lt per barrel; straights!
43.30; exports. $4.70: Valley. $5.50; graham.
.trv; wnoie wneai, quarters, o.bu.
CORN Whole, $35 per ton; cracked. $31
per ton.
BARLEY Feed, $34S5 per ton.
OATS No 1 white, $116 42 per ton.
MILLSTUFFS Bran. 26 50 per ton; mid
dlings, $33 ; shorts. $29S2; chop, $24 0 30;
rolled barley. $300 37
HAY Timothy. Willamette Valley. $17
20 per ton; Eastern Oregon, $20 23.
Vegetables and Fruits.
FRESH FRUITS Apple". $12.50 per
box; strawberries, $1.15 2 per crate;
cherries, $ 1.00 1.25 per box ; gooseberries,
5c per pound; loganberries, $1.75 per
crate; peaches, 75cigl box; apricots. Oc
$1.23 per box ; plums, $1 1.25 per box ;
raspberries. $1 per crate; cantaloupes, $5
per crate.
POTATOES -Jobbing price. $1.252 per
hundred; new California, 33 4c per lb.;
Sweet potatoes. 4Vc per pound.
SACK VEGETABLES Turnips, $1.50 per
sack ; carrots, $1.75.
TROPICAL, FRUITS Oranges, navels. $2.24
63.25 per box, lemons, $34.25; grape fruit,
$3.50(4 4 per box; banai-aa, 5&5c per
pound: pineapples, $3 3.50 per dozen.
ONIONS Bermuda, $1.2531.50 per crate;
red, $1.251.50 per sack.
VEGETABLES Artichokes. 50&60c dox.;
asparagus, 76 (U 90c per dozen ; beans,
612V2c;abbage, 2c per pound; cauli
flower. $3 per crate; corn, 25c per dozen;
cucumbers. 50c$r $1.25 per dozen; lettuce,
hothouse. $1.50 per box; lettuce, bead. 25c
per dozen onions, 12 4 (g) 15c per dozen;
parsley, 3.c per dozen; peas, 5Cc per
pound; radishes, 15c per dozen; rhubarb,
8&3c per pound; spinach. Be per pound;
squash, 75c$1.25 per box; tomatoes,, $2
2.50 per crate.
Dairy and Country Produce.
BUTTER City creamery, extras. 26MtC;
fancy outside creamery, 2o'y26c per
lb.; store, 18c. (Butter fat prices aver
age 1 cents per pound under regular but
ter prices.)
EGGti Oregon ranch, 425o per dozen.
POULTRY Hens, 1414Vc; Springs,
18c; roosters, 89c; ducks, young, 17
18c; geese, 10 11c; turkeys, 16 20c;
squabs. $22.25 per dozen.
CHEESE Full cream twins, 16c per
pound; young Americas, 17c.
PORK Fancy, 10c per pound.
VEAL Extras, 88c per pound; ordi
nary, 7c; heavy, 6c
Groceries, Dried Fruits. Etc.
DRiED FRUIT Apples, 9c per lb.;
peaches. 74 8c; prunes, Italians. 5.V4c;
prunes. French. 4&6c; currants, unwashed,
cades. 94e; currants, washed, cases. 10c;
figs, white fancy, 50-lb. boxes, CA; dates,
SALMON Columbia River. 1-lb. tails.
$2 per dozen; 2-lb. tails, $2.95; 1-pound
flats, $ 2.10V: Alaska pink, 1-pound tails,
Iuc; red, 1-pound talis, $1.45; sockeyes, 1
pound tails, $2.
COFFEE Mocha, 2428c; Java, odrtnary,
1720c; Costa Rica, fancy, 1820c; good,
160 18c; ordinary, 125i18c per pound. ,
NUTS Walnuts, 1213c 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, 10c; cocoanuts, UOc per dozen.
SUGAR Granulated. $6.05; extra C, $5.E5;
golden C, 5.45; fruit and berry sugar. $6.05;
Honolulu plantation, fine grain. $6.00;
plain bag, $5.85: beet granulated,
cubes (barrel), $6.45; powdered (barrel)
$6.30. Terms: on remittances within 15
days, deduct He per pound; if later than 15
days and within 30 days, deduct c per
pound Maple sugar, 15 & 18c per pound.
SALT Granulated, 13 per ton, $1.90 per
bale; half ground, 100s, $7.50 per ton; 50s,
$8 per ton.
BEANS Small white. 8c; large white,
64c; Lima, 5c; bayou, 6'c; red kidney,
4Vc: pink, 4c.
Provisions.
BACON Fancy. 24c per pound; standard,
19Hc; choice, 18V4c; English. 1618c
BUT SALT CURED Regular short clears,
dry salt. 13 c: smoked, 14 c: short clear
backs, heavy dry salted. 13c; smoked.
14ic; Oregon exports dry salted, 14c;
smoked, 15 c.
HAMS 10 to 18 lbs. 16c; 14 to 16 lbs..
16c; is to 20 lbs. 1614c; hams, skinned,
15c; picnics. 11c; cottage roll, 12c; shoul
ders. 11c; boiled hams. 2223c; boiled pic
nics. llc.
LARD Kettle rendered: 10s, 16c; 5a,
15 c; Standard pure: 10s, lic; 5s, 147o;
Choice: 10s, 13c; 5s. 131c. Compound:
10s, oic: 5s, 9c.
SMOKED BEEF. Beet tongues. each.
60c; dried beef sets. 19c; dried beef out
sides. 17c; dried beef Insldes. 21c; dried
beef knuckles. 20c.
PICKLED GOODS Barrels: Pigs' feet.
$13; regular tripe, $10; honeycomb tripe,
$12; pigs' tongues, $13.50.
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. BIdea. Etc
HOPS 1908 contracts, 1814c per lb.:
liklS crop, l(rl0c; 1907 crop, S⪼ 1906
crop, 2(6-2c.
WOOL Eastern Oregon, 1722c per
pound; Valley, tine, 23c; coarse, 21 c.
MOHAIR Choice, 2423o per pound
I.'IDUS Dry hides. No. 1, 16j$17c lb;
dry kip. No. 1, 151016c pound; dry calf
skin, 18519c pound; salted hides, 99Vic;
salted calfskin, 1314c pound; green, lo
less.
FURS No. 1 skins: Angora goat, $1 to
$1.25; badger, 2550c; bear. $620; beaver,
$6.508.6O; cat, wild. 75cS'$1.50; cougar,
perfect head and claws. $310; Usher, dark.
$7.50 011; pale, $4.90(0 7; fox, cross. $3
to $5; fox. gray. 00f0c; fox. red. 35;
fox. silver. $35 to $100- lynx. $8 15;
marten, dark, $S12; mink. 3.60f 5 50;
mu-krat, 15fjy25c; otter. S2.504; raccoon,
6075c; sea otter, $100230 SB to size and
color skunks, 5580c; civet, cat, 1015c;
wolf, $2313; coyote. 75c$1.25: wolverine,
dark, $35; wolverine, pale, $22.50.
CASCAKA BARK Per pound, 5 cents.
PORTLAND LIVESTOCK MARKETS.
Prices Current Locally on Cattle, Sheep and
Hogs.
Receipts of sheep yesterday were the
largest for a considerable time, but had no
effect on the market. which continued
rteady. Cattle also moved at last prices.
Offerings of hogs were light, as usual, and
the tone of prices was firm. Receipts for
the day were 157 cattle, 74 calves, 1290
sheep and 90 hogs.
Local prices Quoted at the yards yesterday
Were as follows:
CATTLE Steers, top. $4.75; fair to good,
$4.2594.50: common. $434.25; cows, top, $4;
fair to good, $3.503.75: common to me
dium. $2.r0fr3: calves, top, $5. 5.50; heavy,
$3.504; bulls and stags, $2.7o3.25; com
mon, $2 2.50.
HOGS Best. S8.15: fair to good, $7.50
4T7.73; stockera, $66.30; China fats, $6.75
oT.
SHEEP Top wethers, $4; fair to good.
$3.oO$i 3.75; ewes, ec less on all grades;
yearlings, best, $4.15: fair to good $3.70(d
. spring ituitus. . OKJJ o.u.
Kastern Livestock Markets.
CHICAGO, June 15. Cattle Receipts estl
msted. 200: market, steady. Beeves, $5.30
7.25; Texas steers, $4.65u.25: Western steers,
$4. T50.30; tockers and feeders, $3.60r5.50;
x-ws and heitere, $2.5U?i'6.30; calvea, $0(0 8.
Hogs Receipts. estimated. 5000: market,
strong. Light, 7.104j7.80; mixed. $7.3oJj7.95;
heavy, $T.4HiS.05: rough $7.4tKg'7.CO; good to
choice heavy, $7.BOtI!..o5; pigs, $J.157.0&;
bulk of rales, $7.55tt".9o.
Shee-p Receipts, intimated, MOO; market,
steady. Native, $3.73u; Western, $:l.754T6;
yearlings. $t!i?7.15; lambs, native, $568.10;
Western, . $9.7533.10.
KANSAS CITY, June 15. Cattle Receipts,
60t; market, eteady. Native awn, $5'&7;
native cows and heifers. $2.5l1?.50; Ftockers
anil feeders. $.ji 5. oil; calves. $3.75i-7;
estern sieenj, $4.75ij'S.75; Western cows,
$3. 2o fto.25.
Hogs Receipts. 14,000; market. 5 to 10
cents higher. Bulk of ,ae.-. $7.357.75
heavy, $5.ti."3r.S0: packers and butehcrs. $7.40
7..s: lls'ht, $7.23S7.U: pigs. $tHj7.
Sheep Kecelito, 1O.UO0: market steadv.
Muttons, 4.7Svt.75; lambs, $ti.5o&-$ 50" range
wethers. $4.Bot3.6u; range ewes. $3.755.25.
OMAHA. June 15. Cattle Receipts, 3600;
market, steady; Western steers, $3.50i6;
mockers and feeders. $35.45; bulls and
stacs. $3fi.".50.
Hogs Receipts. 6700: market, steadv to 10
cents higher. Heavy. $7.6o67.65: mixed $7.50
Ji.o5l light. $7.40a7.55; pigs, $5.25'a5 25:
bulk of sales. $7.50457.65.
Sheep Receipts. ltioo; market. steady.
Ttearllngs, $5.!i!66.76; lambs, $78 8
Dried Fruit at Xew Tork.
NEW TORK. June 15 Evaporated apples
firm. Choice. !HSc; prima, 6Vffifiic
common to fair, B(a6c.
Coast advices Indicate a firm market for
future shipments of prunes, but no change
is reported in the general range of prices
In the local spot market. California fruits
2Uc to ll'gc; Oregons. 6c to 9c.
Peaches firmer on the Coast but no
changa locally. Choice. Batfc nrtm
choice, StjSc; fancy. 78ct extra
Raisins quiet, unchanged. Loose musca
tel. 3,S4Hc; choice to fancy seeded tV
4i6i4c; seedless, 365c and London
layers, $1.15 1.20.
Dairy I "rod nee la tho East.
CHICAGO. June 15. Butter. steadv
Creamerle. 23 ijj 2ti c ; dairies. 20HC24C
,?gKI' Steady; at mark, cases included
18Sc; firsts. 2c; prime firsts. 21ljc
w'a',8-StronK: d8'8""1. lO'14'ac; twins.
14ftl4"c: young Americas, 14i14Vc
long horns. 1414c. 1 '
NEW YORK. June 15. Butter, steady
Factory firsts. 2Jc '
Cheese, steady; eggs. Irregular.
LARGE CLIPS TAKEN
Third Wool Sale of the Season
at Shaniko.
OVER MILLION POUNDS SOLD
Highest Price Is 23 Cents, Paid by
Ellery to tho PrineYlIle Land
& Livestock Co., for
100,000 Pounds.
SHANIKO, Or., June 15. At this morn-Ing-
sales about 600.000 pounds of wool
changed hand
- - - -.. P, . I Villi AO 11
zs cents, which was slightly lower than at
previous sales here this season. Fol
lowing Is the list of this morning's sales:
Charles Green nnMuntw t , 1 .. .
Co.. Boston and' San Francisco, bought Alex
o.uw pounds at 2114 cents; F. A.
Powell, 23.000 pounds at 21 cents; B R.
Laughlln, 28,000 pounds, at 20 cents; Ed Flu
patrlck, 40.000 pounds, at 22 cents; C. A.
Johnson, ll,O00 'pounds, at 18 cents
William Ellerv.
Jones & Donald. Boston, bought of Farquhar
McRae 60.000 nounri o r ioiz ..t
tosh Land & Livestock Company, 60,000 pounds,
1 ufu cents; K.. Houser, 13,000 pounds, at
..uts vcmcTj mnevuie una & Livestock Com
Pany. 100.000 nounrt tt f1 3L
Alex Livingston bought of Kenneth F. Ms-
--tw.vw pounas; at cents.
J. P. Dufour. rAnrflwntlnv rf.H. Tr
Company, Woonsocket, R, I., bought of
i,UIIlaH x-nzgeraia is, 000 pounds, at 1H
cents: M. Fltze-eraM. 19nnn -. , t ,
cents; B. Iremonger, 10.000 pounds, at 19
J. R. Hooner. runniwntlna TZr, .
Thayer & Stevenson, Boston, bought of Mo-
ob oon pounas, at 21 cents.
Afternoon Sales.
Twenty-five clips were offered this after
noon and sales were made at prices ranging
from 1 r, X. to ..... v. n ....... , .
,4 ,..vi, a, luiai
of about 700.000 pounds. Following Is a list
"i mis aitemoon s sales:
P. Dufour bought of the Black Butte Land
& Livestock Company 83,000 pounds, at 214
cents; W. G. Asher, 14,000 pounds, at 2014
ctnts; L, Fargher. 15,000 pounds, at 20
cents: F. W. Dunlin fnft ni,na 011.
cents: William Adams, in non nnn.
19V4 cents; S. B. Davis. 60,000 pounds, at
1 ' cenus; a. canning, ouuo pounds, at 17H
cents; R. p. Orfley. 12,000 pounds, at 18
cnts; n. K.ej-3, oooo pounds, at 16 cents; M.
J. FinlaVSOn. U OOO nonnrta at 1(11 ut.
William Ellery bought of L. s. Hamlltoa
66,000 pounds, at 21 cents; H. C. Rooper.
29.000 pounds, at 21 cents; J. Kasser, 00.000
pounds, at 22V4 cents.
C. H. Green bought of H. Patjens 50,000
DOUnds. At '"' !-i PAFt. W T? UbmII AHA
riOUTlS. ! t 91 &. -A...B. A T T-J ' - o am
pounds, at 20 cents; R. Rosenbaum) 19,000
lAiuim ui i cents.
Alex Livingston bought of John Karten
a-,uw pounas. at z'r-1 cents; s. w. xancy,
34-OOft HAIHldB at flOSl. AAntn
H. C. Hoover bought of Reeder & Fisher
55,000 pounds, at 21 cents.
S. Frankenstein bought of Mrs. C. Friend
au.wuu pounds, at 20 cents; T. H. 4 B. Mc
Greer. 11 (VIA nnnnrla at "ViLi AMt
E. J. Burke bought of A. P. Jones 14,000
DOnndl. At 1R54 fantm- TT 1? T. K AAA
pounds, at 17 cents; C H. Dealey, leiooo
tuuua, di. i . -j cents.
The next sale at Shaniko Is scheduled for
June 29, wlrlch will be the last for the present
season.
RECORD PRICES IV BOSTON MARKET
But Slackening; of Demand for Nearly all
Grades la Noticed.
BOSTON. June 15. A slackening In th
demand for nearly all grades Is noticed
In the local wool market. Values, however.
continue firm and In many cases record prices
nave been paid. The Western clip has been
cleaned up and dealers are quite confident
of . their position. Consumers are beginning
to negotiate for ttie purchase of staple wooTs
and several large transactions are reported.
The leading domestlo scoured quotations range
as follows :
Texas Fine, 12 months, 7072c; flnef' si:
to eight months, 6365c; fine Fall 5860c.
California Northern, 6567c; middle county,
63&U5c; Fall free, 5052c.
Oregon Eastern staple, 7273c; Eastern
Clothing, 67868c; Valley No. 1, 5758c.
Territory Fine staple, 7478c; fine medium
staple. 6SfS"i2c; fine clothing. 6870c; fine me
dium clothing. 6466c; half-blood. 67SB9e
three-eighths-blood, 467c; quarter-blood, 66
bee.
Pulled Extras, 7074c; fine (A) 6366c;
(A) supers, oocgti2c.
Wool at St. Louis.
ST. LOUIS. June 15. Wool, quiet. Terri
tory ana western mediums, 2328c; fine
meaiums, 22g2.ic; nne, 1522c.
SUGAR DROPS 8 POINTS
BEARS VIGOKOVTSIjY HAMMER
THE STOCK MARKET.
Sharp Fall in Prices Is the Result.
Rumored Hitch in. Steel
Negotiations.
NEW TORK, June 16. An effective ele
ment of the professional operators of stocks
gathered courage today to attack prices of
wiiw wub vigor ana succeeded in precl
tating a sharp fall In urices. No thr,n ft...
ing development was discernible to account
for the apparent urgency with which stocks
were pressed for sale. The weakness was
attributed generally to technical causes. Tha
rush into prominence of a miscellaneous lot
of obscure specialties is considered a- bad
sign.
The outcome of these testing operations
was to encourage the bear operations in
which short selling was extensive and offer
ing down of prices followed boldly and with
effect in uncovering stop-loss orders.
As usual, when prices turned definitely
downward there was a withdrawal of buy
ing crders previously placed at limits
slightly below the market price with the
determination to take advantage of a. nn-
sitle reaction In what was supposed to be
a strong market.
No small sentimental effect was produced
on today's market bythe violent decline In
American sugar. The steady dividend jec
ord of that stock of late years has thrown
it Into the class of quiet trading stocks to
which speculators have paid little atten
tion. The market for It has become nar
row and it took comparatively light sales
today to break the price 8 points.
The reiterated reports of a hitch In the
arrangements for dealing In United States
Steel on the Paris Bourse have aroused
some distrust. In spite of the assurances oft
repeated by banking Interests concerned that
the project was proceeding successfully.
Some of tho sellers of stocks professed
apprehension that the publication of the
report of Governor Hughes' commission on
exchanges would have an unfavorable effect
on the market.
Bonds were irregular. Total sales, par
value. 8.S22.OO0. United States bonds Ten
unchanged on call.
CLOSING 8TOSK QUOTATIONS.
1 Sales. High. Low. Bid.
Allls Chalmers pf 90O 64 53 53
Amal Copper 24,700 86 84 84
Am Agricultural . . 60O 43 43 ' 42
Am Beet Sugar.. 15.50 42 .40 41
Am Can pf 3,Sy 84 SS S3?
Am Car st Foun. 1.3i0 57 56 56
Am Cottnn Oil.. 6,100 74 72 73
Am W a Lt pf 41t4
Am Ice Securl 6.5O0 40 39 391!
Am Linseed Oil.. 4.5"X 19 17a? 573?
Am Locomotive... 1 . 7i " 6 69 69
Am Smelt , Ret.. 13.700 99 94 9414
do preferred ... 1.100 110 109 109?
Am Sugar Ref... 8.7O0 130 123 125
Am Tel & Tel 6,100 142 141 141
THE
LDMBBRMENS NATIONAL
N
LIDMEERMENS BUILDING
NORTHWEST CORNER FIFTH AND STARK STREETS
Am Tobacco pf .
Am Woolen
500 101 101H 100
800 36 35 35
S.600 60 49 50
39.900 115 114 1W
40O 106 106 106
800 132H 131 13H4
9,600 1189s 117 117
94
600 30 H 29 29 14
9,000 80 "9 79
800 183 182 182
700 29 29 29
900 104 103 10S
100 292 192 192
7.6O0 76"4 75 75
500 69 69 69
4,800 3 8 3
600 183 182 182
15,400 156 153 154
300 75 75 75
4,900 45 44 43
1,000 68 57 67
600 81 81 81
800 80 80 80
4.900 143 141 141
12.4'XI 24 22 23
1,200 191 1S9 190
14,9XI 52 60 50
700 89 88 88
1.800 39 38 38
.O00 36 35 35
l. 1,100 63 63 53
42
1,700 1B2 161 161
8.30O 150 148 149
45,600 77 75 76
1.100 148 148 148
12.51K) 17 16 17
29,200 49 46 48
200 85 80 85
1,000 24 24 24
1,400 16 15 15
700 41 40 40
400 30 29 28
4,300 46 46 46
- 700 72 72 72
142
55
7O0 139 138 138
8,800 . 76 74 74
67,300 43 42 42
73
do preferred .
Atl Coast Line.
do preferred .
Bethlehem Steel .
Brook Rap Tran
Canadian Paolflo.
Central Leather .
do preferred
Central of N J.
Ches & Ohio
Chicago sr Alton.
Chicago Gt West. 4,800
Chicago & N W..
C, M it St Paul..
C. C. C & St L.
Colo Fuel & Iron 4,900
Colo Ac Southern..
do 1st preferred.
do 2d preferred,
Cossolldated Gas..
Corn Products . .
Del & Hudson
D & R Grande ...
do preferred . . .
Distillers' Securl..
do
Gt Norfhern nf.
Gt Northern Ore.. 45.600
Illinois central
do preferred ,
Inter Harvester
Inter-Marine pf
Int Pump ........
Iowa Central ....
K C Southern ...
do preferred
Louis & Nashville
Minn & St L ...
M, St P & S S M.
Missouri Pacific.
Mo, Kan & Texas
do preferred
National Biscuit 105
National Lead
2.800
86
84
84
Mex Nat Ry 1st pf
200
51
51
51
131
63
89
N Y Central 1,600 132 131
N T. Ont & West
9.800
64
63
89
Norfolk Al West.
1.500
90
0,0 1 "
JSorth American.
2.900
5
85
Northern Pacific. 24,100 163 150 151
Pacific Mall
29
Pennsylvania 10.400 137 136
People's Gas 700 115 1151
P, C C Jfc St L
Pressed Steel Car 1.000 44 43
Pullman Pal Car. 400 190 190
Ry Steel Spring.. 300 46 44
136
114
91
43
189
44
Reading 117.500 159 154 154
i.ciui)iic ateei ... i.iw ;-i2li BO 31
ao preferred 1 TOO lftiift: Kta
106
31
69
44
26
68
82
xwca jeiaoa jo. . 14. 100 32
do preferred 7.5O0 70
St L & S F 2 pf. 300 44
St L Southwestern 3,800 27
do preferred 8,600 69
Sloss-Sheffleld
31
69
44
26
68
Southern Pacific .. 43.60O S2
130
130
do preferred
Southern Railway.
do preferred . . .
Tenn Copper .
Texas & Pacific.
Tol, St L & West.
do preferred
Union Pacific ...
do preferred ...
3.300 133 182 131
O.OUV Al. S1 31
800
9
41
3
61
68
40
35
51
5(0
11,500
200
108,400 194 191 191
II S Realty 500
i.wir Ms yf jt!
82
39
68
82
39
7
82
89
67
124
52
54
23
69
19
85
L, s Rubber 300
U S Steel 172,300
ao preferred
Utah Conner
8,300 125 124
1.200 52 52
Va-Carq Chemical. 6,900
65
24
61
19
86
64
23 Vi
59
19
85
it.uau ......... jo.isou
do preferred ... 43 700
Western Md 800
Westinghouse Elec 1,700
Western Union . . . 1.000
74
74
74
Wheel & L Erie 10
vv laconsln Central 53
Total sales for the day. 1,025.400 shares.
BONDS.
NEW TORK, June 15. Closing quotations
U. S. ref. 2s reg.l01N T C G 3s.. 92
do coupon 101iNorth Pacific 3s 74
U. S. 3s reg 101!North Pacific 4s. 10?
do coupon 102 lUnion Pacific 4s 103
U S new 4s reg.ll4 Wlscon Cent 4s. iXJ
do coupon. .. .121 Japanese 4s..... 87
D & R G 4s 97l
Stocks at Tjondon.
LONDON", June 15. Consols for money,
84 3-16; do for account, 84.
Anaconda 10!N. Y. Central. . .135
Atchison 117 Norfolk St West. 92
do pref 107 do pref 90
Bait & Ohio 121!Ont & West. nnV
v .... j j j .rciiuajivttnit
Ches & Ohio. 78 Rand Mines
'A
. 10
. SO
- 32
uri west... 4 :rteaatng
- -M - at s. p.... 159
De Beers 15
D & R G , 52
do pref 91
Erie 87
do 1st pf 55
do 2d pf 45
Grand Trunk... 21
111 Central 153
L & N 146
MO TC & T.... 44
Southern Ry.
South Pacific." 1.183
71
union pacific 199
ao pref 101
U. S. Steel 70
do nref . loci'
Wabash 25
do pref 62
opmusn s. ..... 9
Amal Copper... 88
Money Exchange, Etc.
NEW YORK, June 15. Prime mercantile
paper closed at 2t$4 per cent.
Sterling exchange steady, with actual
business in bankers' bills at S4.8595i4.8a
for 60-day bills at at 4.780 for demand
Commercial bills. !4. 85 04.85.
Bar silver, 63 c. k
Mexican dollars. 44c
Government bonds, steady; railroad bonds.
Irregular.
Money on call easy, 12 per cent; rul
ing rate, 1T4 per cent; closing bid and of
fered at 1 per cent. Tim loans softer
and fairly active; 60 days, 22 per
cent: 0 days, 22 per cent; six
months, 3 per cent.
LONDON, June 15. Bar silver, dulL 24d
per ounce.
Money. 11 per cent.
The rate of discount in the open market
for short bills Is 1 per cent; three-months'
bills, 1 per cent. ,
SAN FRANCISCO. June 16. Sterling 60
days, $4.8S; sight. $4.88.
Silver bars. S2c.
Mexican dollars. 47c.
Drafts, sight, par; telegraph, Jc.
Daily Treasnry Statement.
WASHINGTON, June 15. Today's state
ment of the Treasury balance in tne gen
eral fund shows:
Gold coin and bullion. ........ g 50,742,323
Gold certificates 23 784 700
Available cash balances........ ll7jg6ijoo5
, Sew York Cotton Market,
NEW YORK. June 15. Cotton Spot
.1ac nnl.t H nAlnl. K 1 . t , , . .
. . r "bnci , uuuutinr up
lands. 11.40c; do Gulf, 1L65C Sales, 100
Cottsn futures firm; July, 10.91c; August
and Se-otember. 10.94c; October and Novem
ber, 10.89c; December,. 10 94c: January and
March. 10.89c; May. 10.816.
... ssssssasssssss;
HAS MOVED TO THE
NEW CROP MONTH
Much Wheat Will Be Available
for July- Delivery.
CHICAGO MARKET WEAK
Bearish Advices Regarding the Crop
of Europe Sharp Decline on
the Winnipeg Grain
Exchange.
CHICAGO. Jane 15 The wheat market
was weak all day, owing to renewed selling
of July, based on bearish harvest news.
The market was poorly supported and tha
bulk of offerings were taken by shorts. That
the July delivery will be a "new crop"
month and that tho amount of wheat avail
able for delivery on that month's con
tracts will be large Is conceded by radical
bulls. Adlvces from Texas stated that high
prices were' still being paid for new grain.
A decline of nearly 4 cents in July at Win
nipeg and bearish advices regarding the
wheat crop of Europe also were factors that
prompted free selling hers. The range on
July was between $1.16 and $1.16. The
market closed weak. July at $1.16 01.16.
rn was weak and closed at a decline
of c to o with July at 72e.
Liquidation of July holdings was again
a feature in oats and a hes.Vy tone pre
vailed. Declines of c to lc in cash
grain and the weakness of other grains
was ins principal bearish Influences. July
closed at 61 c
Provisions were firm at the start, but
closed o to 1517c lower than yes
terday. The leading futures ranged as follows:
WHEAT. f
Onen. TTlwh T i
JuIv $116 $1.18 ' $1.15 $1.15."
5Pt 109 1.09 1.08 1.09
Dec 1-07 1.08 1.07 1.07
CORN.
July
Sept
Dec
.72 .72
.70 .70
.59 .59
OATS.
.71 .72
. .69
59 .59
July. .
Sept..
Dec. .
.61 .61 .61 .61
-44 .44 .43 .43
44 .44 .44 .44
MESS PORK.
Ju!y 20.50 20.60 20.25 20.37
Sept...... 20.60 20.80 20.60 20.67
LARD.
J"1? 11-85 11.85 11.72 11.72
Sept 11.92 11.92 11.80 11.80
SHORT RIBS.
J"y 11.10 11.10 11.00 11.05
Sept 11.09 11.10 11.00 11.10
Cash quotations were as follows:
Flour Firm.
Rye xo. 2, 88c
Barley Feed or mixing. 8080c; fair
to choice malting, 8182e.
Flax seed Xo. 1 Southwestern. $1.58:
Xo. 1 Northwestern, $1.68.
. Timothy seed $3.90.
Clovei- $10.60.
Pork Mess, per barrel, $20.87 ffi S0.40.
Lard Per 100 pounds. $11.72.
Short ribs Sides (loose), $11 11.10
Sides Short, clear boxed), $11.25 11 60.
Grain statistics: w".v.
Total clearances of wheat and flour were
equal to 39.000 bushels. Primary receipts
were 23,300 bushels, compared with 353.009
bushels the corresponding day a year airo
Bradstreets. decreased 1.037.000 bushels.
Estimated receipts for tomorrow: Wheat 7
60.roo0.rn' 158 Ca; 0at"- 90 cara:
Receipts. Shipments.
... 7,600 26,400
... 6.000 63,800
...812,600 658.600
...278.600 416,400
. .. 7.000 6.300
69,000 89.000
Flour, barrels .......
Wheat, bushels
Corn, bushels
Oats, bushels
Rye, bushels........
Barley, bushels ,
Grain and Produce at New York.
22N9?fWl,?K- Jun" Flour Receipts,
22.970 barrels; exports. 430 barrela Dull
and about steady. "ail
Wheat Receipts Exports. 12,000 bushels-
i 1-81 nominal f. o. b. afloat;
No. 1 Northern Duluth. $1.38. nominal f. o.
b. afloat; No. 2 hard Winter. 1.35. nominal
fh Bearish crop reports from
mrv- . Te" ParVr moralized the wheat
market today, forcing prices off 1 cent. One
or two brief rallies occurred, but the ten
dency was downward and final prices
showed c to c net loss. prices
Hops Firm.
Hides Steady.
Wool Steady.
Petroleum Steady.
Grain at San Francisco.
SAN FRANCISCO. June 15. Wheat Un-
cnanged. " a
Spot quotations 1
$JYoh2'o'.ShlPPinK l-071-": milling.
,n Barley Feed. $1.40 1.46; brewing, nom-
Oats Red, $2.102-.20: white, $2.16SJ.20;
black, nominal. "
Call board sales
Wheat Xo trading. (
Barley December, $1.89bSl 40a.
Corn Larg yellow, $1.87.
European Grain Markets.
LONDON. June 15. Cargoes Sellers firm,
buyers quiet and show lass disposition to
operate. Walla Walla on ...
English country markets quiet but steadv-
French Mnntrv mirlr.t. . .. '
T.TVFPPnflT. Tifn. IK l-t . .
- w uuv . v , . ii r. i, j Uiy 8S
11 d; September. Ss 6d; December. 8s
Wheat at Seattle.
RttiTTI.r! .Tun. 15 XT. m
Export wheat, blue stem, 91.24; club. $1,144
THE UNITED STATES
NATIONAL BANK
PORTLAND. OREGON
UNITED STATES DEPOSITORY
CAPITAL AND SURPLUS, $1,000,000
OFFICERS ;
J. C. AINSWORTH. President. R. W. SCHMEER. Cashier
R. LEA BARNES. Vice-President.
A. M. WRIGHT, Assistant Cashier. W. A. HOLT, Assistant Cashier
DRAFTS ISSUED ON ALLFOREIGN COUNTRIES
PAYMENTS MADE BY POST TO PARTIES
ABROAD WITHOUT COST TO RECIPIENTS
THE BEST STREET INSURANCE
IS THE BITULITHIC PAVEMENT
It insures against dust, mud and street noises.
It insure against slipperiness and falling horses.
It insures against cracks, disintegration and costly repair.
It assures a sanitary and durable street. ..
It assures conscientious workmanship and best materials.
It assures perfect satisfaction.
EITTJLITHI0 INSURANCE IS SAFEST AND SUREST
WARREN COSTRUCTION COMPANY
317 Beck Building, Portland, OrT
red, $1.09. Receipts: Wheat, 8 cars. Tbtal
car receipts for June 14: Wheat 6 cars;
oats, 4 cars; corn. 1 car; hay, 44 cars.
- Wheat at Tacoma.
TACOMA. Wash.. June . 15. Wheat Mill
ing: Bluestem, $1.8001.35; club, $1.14. Ex
port: Bluestem. $1.24; club, $1.14; red,
$1.09.
Flaxssed at Minneapolis.
MINNEAPOLIS, June 16. Flax closed
$1.17.
Metal Markets.
NEW YORK, June 16. Moderate ad
vances were reported in the London tin
market today with spot quoted at 184 12s
6d and futures at 136. The local market
was dull and a Bhade higher at 29.87
76c.
London lead was lower at 13 Is 8d. Lo
cally the market remained dull at 4.86 &
4.46c. .
London copper was unchanged with spot
quoted at 59 10s and futures at 60 7s 6d.
Bonds
Investments
CALL OR WRITS
T. S. McGRATH
tnmber Elxcnanse,
PORTLAND, OREGON.
COOS BAY LINE
Tbs steamer BREAKWATER leare Port
land OTerjr Wedneaxlay. s jp. from Alas
wortb dock, for aoria Head. ataraaUeld ana
Cvos Bay points. Freight received till 4 P.
M. on day of sailing. Passenger fare, arst
class. $10; second-class. $7. Including berta
and meals. Inquire city ticket office. Third
and Washington strseis. or Insworta a oca.
rnens alals 26s,
J BI;?"e'" .'.n London was lower at
Locally Iron was unchanged.
TRAVELERS GUIDK.
CLARK'S CRUISES
OF THE "CLEVELAND"
(Hamburg -American Line)
18,000 tons, brand new. i
superbly fitted.
OUNDtheWORL
From New Tork October 19. 1909; from
San Francisco. Feb. 6. 1910, nearly foS
months, costing- only lasft Kn t-o Y
lng all expenses afloat and ashore '
SPECIAX, FKA'n RES Maderlal Ernt
India. Ceylon, Burma, Java, Borneo. Phllip-p-ines,
Japan. An unusual chancer to i.ie
unnsually attractive places.
12th Annual Orient Cruise. !. 8 lot by
Korth German Lloyd S. e. Grosser Kur
fuerst," 73 days including 24 days Eumtand
Palestine. $400 up. 851 "a
J RANK C. CLARK, TIMES BLIH.. Jf. Y.
CANADIAN PACIFIC
Less Than Four Days at Sea
WEEKLY SAILING BETWEEN MONTREAL
QUEBEC AND LIVERPOOL
Two days on the beautiful Bt. Lawrence
River and the .shortest ocean routs to Eu
rope. Nothing better on the Atlantic than one
Empresses. Wireless on all steamers.
First-elass $80; second $50. one class
cabin 46.
Ask any ticket agent, or writs for sailings.
rates and booklet.
T. It- Johnson. P. A.. 148 Sd St.. Portland. Or
JEBSEN LIKE.
S.S."Elia" Sailing June 24
SPECIAL, LOW RATES
CALIFORNIA, MEXICO, CEXTR4L
AMKH1CA.
JEBSE.V & OSTRANDER,
General Agtsts, Seattle, Wait.
NORTH PACIFIC S. S. CO.
For Eureka, San Francisco and Los
Angele direct. The steamships Roa
noke and Elder sail every Tuesday at
3 P. M. Ticket office 132 Third, near
AJder. Phones M. 1314 and A 1314.
H. YOUNG,. Agent. .
SAN FRANCISCO PORTLAND 8. S. CO.
Only direct steamer and daylight sailing.
From Ainsworth Dock, Portland. A. M.
S.S. Rose City, June 19, July S.
S.S. State of California. June 26.
From Lombard St.. San Francisco. 11 A. M.
K a Kim. t.r f ! I r , ,n. 1 u t
S.S. Rose City, June 2, July 10.
J. W. Ransom, Eock Agent.
Main 2t)S Ainsworth Dock.
M. J. ROCHE. City Ticket Agent. 142 3d St,