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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 31, 1909)
15 THE MORNING ' OREGONIAX. SATURDAY, JULY 31, 1909. r HOPS AT 21 CENTS Dealers Offer That Price and Seek Options at 22 1-2. EXCITEMENT IS GREAT Sixteen Cents Bid and Refused for Last Year's Crop and Olds Ad vance Sharply Foreign News Is Bullish. Twnty-on cent wax offend for a crop of 6C0 bas of Independence hop yesterday by Jullu Plncus and ther Is reason to believe another dealer made an offer of the same price. Offers of 21 cents were also mile Curing the day In Yakima and in Sonoma. Theee bids definitely fixed the market for the day at the Zl-cent level, but so strong was the feet Ins; that dealers late In the day had their agents out trying to set options at 22-i cents. There has been free bidding In several parts of the state at 30 cents since the middle of the week and some contracts were made at this figure. Amour them were contracts made by Klaber. Wolf Netter with D. P. Taylor, of Independence, for 50.000 pounds; with E. SC. Young, of Independence, for 20.000 pounds, and with Harry Loaey. of Alr.le. for 1&.000 pounda. Julius Plncus paid 20 cents to W. W. Percival. of Independence, for 40. 00 pounds. The pressing dealre of buyers to get con tracts Is shown by the fact that many of the stipulations In such agreements are now being lgnord, and dealers are offering to contract with growers and not specify quality, free dom from mold or other particulars. The speculation In spot hops has been heavy. It ts estimated that fully 4000 bales of olds have chanced hands In the past week, la offer of 101 cents was male for 1907 hps yesterday morn Ins and rejected, and In the afternoon a 12-eent bid waa made on this growth. Eight cents was offered for a 125 bale lot of 19v6s. Conrad Krebs was offered 16 cents for a part of his 1908 crop, but re fused the offer, as he considered this figure below a parity with the price of the new crop. Kecent tranewcilone In oids Included the purchase by Ko!a Nets of 154 bales of 1907s from Otto Wilson, of Salem, at 10 cents, and loo bales of 19u7s from H. L. Hart, at 4 cenu. H. Lb Hart bought the May and Cartwright crops of lfWtie and 1907s. aggre gating 700 bales, at Harrlsburg, besides 35 bales In other sections of Oregon and &O0 bales In Washington. The most bullish crop reports continue to cnm from abroad. The following cable was received by Isaac Plneus a- Sons, of Tacoma. from Iron monger, of Lon don : "Weather unfavorable. Weather wet and cold. Crop prospects much more unfavor able. Maximum estimate English crop 2.. 00 cwt. Continent decidedly worse since last report. London market strong and still advancing." Klaber. Wolf ft Natter's Lonion cable esti mated the English crop at 240,000 cwt. and the continental crop at 400.000 to 450. 000 cwt. Cables received by Salem dealers said the English conditions were the same as In 19-4. when the yield was about 210.000 cwt.. and that the Continent would have a quarter of hut year's crop MOKE WHEAT IS BEING Or'FERKI But Bayers Are Not Taking Hold Very Readily. Reports received from the country yes terday were that farmers were offering w heat with rather more freedom than at any time so far. but buyers were rot tak ing hold very readily and business was of small proportions. Prices quoted locally were generally unchanged. The barley market was quoted steady, with a fair movement. Oats were quiet. Old crop was firmly held, while little or nothing was dne In rew crop, as the dealers are waiting until the growers show more disposition to sell. The Merchants Exchange reports weekly foreign shipments of wheat as follows: Argentine shipments. !.7 ooo bushel?: last week. 2.0.14. 00 bushels; last vear. 2.3H.- tX0 bushels. Australia. IrtO.Ortu bushel.; last week. 83.000 bushels; last year. rift.ooO bushels. India shipments. I.rti..fl0 bushels: last week. 2.20S.0O0 bushels; last year, nothing. Local receipts. In cars, were reported by the Merchants Exchance as follows: Wheat Barley Flour Oets Hay July 24 2 4 4 2 Ju.r 2rt 4 ;i 3 Julv 27 1 2 ;t .v Julv a 1 4 4 1 11 Juv 3 2 1 3 T'tal last week .16 2 J 3 12 PLENTY OF PEAC HE AND CANTS. Other Fruits Also la Liberal hup ply Pota to Weak. Peaches and cantaloupes were the most plentiful articles In the fruit market yes terday. The former were In good demand and the best offerinrs cleaned up readily. A car of California Klbertas cam In and they were quoted at 90 rents to $1. Ore I.mi moved from 60 cent ud- A car of green cantaloupes was received and a good many of inferior quality were on hand. Good stock moved at $2-25 3 2.50. Oregon peach plums were more plentiful and were quoted at 60TJ 75 cents and California plums at $101 25 Another car of tomatoes added to th large supply of this vegetable. The last rar of sweet potatoes received Is nearly all rleaned up. New potatoes continue weak- Car Situation Is Better. An Improvement In the car situation In the Suth 1 reported by the California Fruit Distributors, who say In their Ialst circular to the trad: "Since our last let ter we have been put to serious inconven ience, owing to car shortage and some sec tions suffered considerably from this cause. Today the sltaution appears much brighter ss we were able to secure yesterday all the ars required and have enough today to take care of al! fruit offered. We hope that there w 111 be no further trouble a this shortage has Interfered very materla'.lv with business, especially In the filling of f. o. b. orders " i ? Fair Demand for Poultry. - The poultry market was fairly well sup plied, but the demand was sufficient and previous prit-es were maintained. Eggs moved In a slow way at the old Quotations. The butter and cheese markets were firm and unchanged Bank Clearing Clearings of the Northwestern cities yes terday were as follows: Clearings. Balances. port!ard $ T T7..:r $ :;s.(.74 fatile 1.M:13 1571.1S2 Tacoma ;.v u; 44 143 Spokane IW.G4 lV;.o4 PORTLAM) MARKETS. (.rain, flour. Feed. Etc. Wheat Trark price; New crop. Mue stem. J10161O2; club. I7c; Russian. ttk-; Valley. 7c: Turkey red. c; 40-(old. 3c. FLOUR Patents. sd 25 per barrel; straights. 45-30; 'exports, $4.70; Valley, $5.50; rraham, sa.ttO; whole wheat, quar ters. 15.80 BARLEY New. $2fl 50?2T per ton. OAT S Spot. $48 ; September, $2& & 28.50 per ton. MILL8TUFFS Bran, $29 per ton: mid dlings, S.H3: shorts, $2932: chop. $24030: rolled barley, J4'335. HAT New crop: Timothy. Willamette Valley, $12 16 per ton; Eastern Orogon. 1 7 fi 1 8 ; m ixed, $ 15.50 S 1650 ; alfalfa, $13 ; clover. $11312- GRAIN BAGS 5c each. Vegetables and Fruits. FRESH FRUITS Apples, new, $lg2 ?5 per box; pears, $1.75 per box; Cherries. 7& 12c per pound ; peaches, 50c 'q $1 per box; apricots, $1.50 per box : can taloupes, $2 ft 2.00 per crate; plums, $1 .25 9 1.75 per box; nectarines, Sl.&o; loganberries, $1.257 1.75 per crate; raspberries, fl. 253 1.50 per crate; blackcaps. $2.25 crate; watermelons, l'g'lc per pound; (trapes. $1121.50; blackberries. $1.50; wild blackberries, loc per pound. PuTATOES New, K1M3C per pound; sweet potatoes, 4Sc per pound. SACK VEGETABLES Turnips. $11.2S per sack; carrots. $1.251 .V; beets, $1.50. TROPICAL FRUITS Valencia. $Xfr 3 50; lemons, fancy, $6.50?i 7; choice, $."tJ; grape fruit. $3 per box; bananas, 6a51iC per lb.; pineapples, $2'tf4 per dozen. ONIONS New. $1.250 1.50 per sack. VEGETABLES Beans. &c; cabbage. 1 4 9 14c per pound; celery, SOc-rll per doren; cucumbers. 25 U 50c per dozen ; eggr-plant, li; 14 tt 15c per lb. ; onions. IZV & 15c per do.; parsltry. 3ic per dozen : peas. 7 41 3c per pound: peppers. 15c per pound: radishes. 15c per iiuzfv, ; spinach. 5c per pound; squaeh. 5.; tomatoes. 5c5$l. Groceries, Dried Fruits. Ete. DR1ED yitCIT Apples. e par lb.; peaches, 7t5c; prunes, Italiaas. 5s9ec; prunes, French, 4t; currants, unwashed, tatos, 0Vc; currants, washed, cases, 10c; rjs. white fancy. 50-lb. box, 6fcc; dates, 'sJlmON Columbia River. 1-Ib.. tails, $2 per dozen; 2-lb. talis, 12.93; 1-pound flats, $2 10 h ; Alaska pink. 1-pound talis. 90c; red 1 pound tails, $1.45; aockeyes. 1 pound tails. $2. COFFEE Mocha. 2f32Sc: Java. ordi nary 174jOc; Costa Kica, fancy. IS Q 20c; good. 10 w Sr; ordinary. 12 loc per lb. NUTS Walnuts. 12 313c per pound by ark; Brazil nuts, lfic; filberts, 15c; pea rut. 7c; almonds, 13 14c; chfKtnuts, Ital ian, lie; peanuts, raw, Bc: ulnenuts, 10Q 12c; biexory nuts, 10c; cocoa nuts, 00c per QPZfn SUGAR Granulated, $5.75; extra C, $5.35; golden C, 15. US; fruit and berry sugar, $0.80; Honolulu plantation, tine grain. 16.25; cubes, I barrel . f 6.40; powdered (barrel), $6. 10; Terms, on remittance within 1 days, de duct 4 3 per pound; if later than 15 days and within 30 days, deduct fee per pound. Maple sugar, IStuISc per pound. SALT Granulated. $13 per ton. $1.90 pet bale; half ground, 100a, $750 per ton; 50s, $S per ton. BEANS Small white, 7c; large white, 64c; Lims, 5c; bayou, 6Vc; red kidney, 4r,c: pink, 4c Dairy mad Country Produce. BUTTER City creamery, extras, 30Hc; fancy outside creamery. 2"Vjia3ui-c pr pound; store. 20c. Butter fat prices aver ago 1 c per pound under regular butter prices. EGiS Oregon ranch, candled. 27&2SC per d zen. POULTRY Hens. I4ti?lftc; Sprlngi. I5H p W. roostt-rs. -5 10c; ducks, young. YSty 14c; geese, young, 11c; turkeys, ISc; squabs, j:g:,:j per dozen. CHEESE Full cream twins. IB 17o per pound; young Amerkas, 17H5ilfc. . PORK Fancy, Utilise per pound. VEAL Extras, bQ10c per pound; ordi nary. 7rSc; heavy, 7c. I1"P, U'ooi. Hides. Etc. HOPS llKt'J contracts. 216 21c per pound; 190s crop. 14316c; 110? crop, 10 612c; 1906 ; crito. 1 'u SC. WOOL Eastern Oregon. 16 023c pei pou.nJ; Valley. 2325c. M Oil AIR Choice. i'4i2."c per pound. H1UES Dry hides, ltii17c pound; dry k!p. l." 3 ltic pound; dry calfskin, Isolde skin. 14 it 15c pound; green, lc less, pound; suited hides. BVslOc; salted calf- FURS No. 1 skins; Angora goat. $1 to $1.25: badger. 23j$30c; bear, $j!-,0; beaver, $4.508.50; cat, wild. 75c 1.50; cougar, perfect head and claws, $3 10; nsher, dark, f 7 50 fr 1 1 : pale, $4.tf0 S 7 ; fox. cross. $3 to $5- fox. gray. en'trSOc; fox. red. $;itf5; fox. silver, $.13 to $100: lynx. $S15; marten, diirk. Ju i:: mink. $3 50500; musk rat. 15'425c; otter. $2 504; raccoon, 60 75c; sea otter. $;00 230. as to size and color; skunks, 55 ftSOc; civet, cat, 1QQ 15c; wolf. $Jft 3; coyote. 73c $1.23; wolverine, dark, $3u5; wolverine, pale, $2 92 50. Provisions. BACON Fancy. 25c per pound; standard nlc choice, 20c; English, 18 19c DRY SALT CUREO Regular short clears, dry salt. 14c; smoked. 10c: snort clear blacks, heavy dry salted, 15c; short clear backs, heavy dry salted. 14c; smoked, lac; Oregon exports dry saltea. 16c; smoked, 16C. HAMS 8 to 10 lbs., 17c; 14 to 18 lbs., 17c; Is to 20 lbs., 17c; hams, skinned. 17o; picnics, 1-c; cottage roll. 13c; boiled, hams, 3 l, y -4 fcc: boiled picnics. 20c. LARD Kettle rendered. 10s, 16Hc; Ba, lSc- standard pure: los, 160; bs. 1" H-; choice, 10s. 14 Sc; 5s, 14Sc Compound, lus. !c; 5s, 9c. SMOKED BEE F Beef tongues. each. 60-; dried beef sets. 19e; dried beef out sides, 17c; dried beef lnsides. 21c; dried beef knuckles. 20c PICKLED GOODS Barrels.: Pigs feet. $13; ;-v!jruiar tripe. $10; honeycomb tripe. $12; pigs" toneues, siu.ou. bAKREI-ED MEATS Mess beef. $1 r- ba. rei ; plate. $14 per barrel; family. $U per barrel, mess pork. $20 per barrel; bris ket $2 per tarrel. PORTLAND LIVESTOCK MARKET. Prices Quoted Locally on Cattle, Sheep aod Hogs. Livestock receipts yesterday were more liberal than usual, but were by no means excessive, ss there was a good demand for all that came in. Hogs continued the strongest fenture, while sheep and cattle were steady at last prices. The receipts for the day were 320 cattle. 1920 sheep and 325 hogs. Local prices quoted yesterday were as follows: CATTLE Steers. top. $4.0; fair to good. Jiy I "-; common, J3.75'a4; cows, top, $3.50; fair to good. $3S.25; common to me dium. $2.5 t' 2.73 ; calve. top. $3 'a ; heavy. $3 50 4; bulls and stags. $2.75 Ta1 common, $2fi2.f0. HOGS Beat. $11 f? 9.30; fair to good. $8 8. SO; ro-kers. $tt'd7; China fats, $d.75g7. SHEEP Top wethers, $4 23; fair to good. $3.50 ii 3.75; ewes. He less on all grades; earl!ngs. best. $4; fair to good, $3.50 3 3 75; Spring lambs, $5-2aQ&.35. Eastern Livestock Markets CHICAGO, July 30. Cattle Estimated re ceipts, 13H. Market, strong. Beeves. $4.35'i? 7.43; Texas steers, $4.uo a 5.00; Western s-.eers. $4v0&tf.25; stackers and feeders. $.;0o.j3 1m; tows aad heifers. $2.20 9 6.20; calves. $3 30 S 7.73. H.ipts Estimated receipts. 9000. Market. 10c higher. Light. J7.33 a 7.75: mixed. $7.25 i: 7 S3; heavy. 7.20 ii 7.i: rough. Si.loif 7 33; rood to choice heavy. $7 33 u 1. 00; pigs. $ti "O i 7.7o. Sheep Estimated receipts, 7000. Market, ste.vlv. Native. $3.003.25; Western. $3 00 45..;5 v-arltngs. $4-00 & 6-60; lambs, na tive. $4.30 7.75; Western. $4 500 7.60. KANSAS CITY. July 30. Cattle Re ceipts. 2"0- Strong. Native cows and heif; ers. $2.23 h 7 13; stockers and feeders. $;l.2o -fa 5 25. bulls. $2 So'4 4.25; calves. $3.30 7.uo; Western steers. $4.0OtJ.O0; western cows $2.73 ii 4 3o. H-tz9 R.ei;)t. S0O0. Market. 5c to 30c higher Ituik of sales, $7.;io 3 7.53; heavy. $7 33 n 7 . . t'-ii kers ana tmtcners, . .v a On: IchL. T.N VI 7 IT,: DiKS. SrtOUUi.eu. Sheep Rereit-t. lO0. Market, steady Muttons. 4 0 .: 3.25; lambs. 3.51"g 7 23; ran?- wethers. $3,731; 5 23; range ewes. $3-25 OMAHA. July 30. Cattle Receipts. 10O0. M.krkei. stesdy. Western steers, $3.50 ?5 50; Texas steers. $3 00 u 3.0O; range ewes and heifers. $2.75 t 4.30 ; can ners. $2 00 t? 3.00: stoc-kcrs and feeders. $2 75':f3 10; calves, $J Oti -i 7.0i; bulls anl stacs. $2.73 7 4.75. H, Receipts, ;iK0. JInrket. loe to 15c higher. Hea v. $7 3ti t? 7.50; mixed. $7.30 -z 7 4"; Mjrht. j7.35u7.55; pigs. $O07.m; bu k. $7.35 S 7.45. Sheep Receipts. 1700. Market. steady. Yearlings $5 0 i5 .V; wethers, fi 00 g 4 75; ewes. $3.75 j 6 50; lambs. $6,25 3 7.25. Dried I'rult at New York. NEW YORK. Ju'y .10. Evaported apples, quiet: fancy. $ 1 9c; choice. S'a fsc; prime, T-i7;jc; common to fair. SS'isc. Prunes are rer-orted to be firmer for for ward shipment troni the Coast, but no chance is reported in the spot situation. CaUfornia. 2:4.11;c: Oregon. 63 9c. Aprieots, quiet. The sitautton on the Coast is suid to be firm as a result of ex port demand. Choice. HXi lotc; extra choice louiiiflc; fancv. 31 f? 13c. Peaches, dull: choice, 5 'ic; extra choice. 61 t!Vc: fancy. Sc. Raisins, dull ; loose muscatel. 3H -ic; chn-re to fancy seeded. ft Qc: seedless. 3Vhj5Vjc; London layers. $1.15120. New York Cotton Market. NEW YORK. Julv 3o. Cotton closed quiet, five points advance. Mid-uplands. 12 5c; mld-BUlf. 13 lo,-. Sa'es. 70O bates. t'otton futures closed steady. August. 12 34--: Septemher. 12 itV-: .October. 12.3Sc; November. 12 37c; December 12.41c; January and February. 12 40c; March and April, 12.41c; M, 12.44c AT HIGHEST PRICES Leading Stocks Sell at Record Figures. MARKET BECOMES ACTIVE L'nion Pacific, Southern Pacific, Atchison and Steel Advance Beyond Their Best Pre vious Quotations. NEW YORK. July 30. The dealings at the stock exchange session at noon today had -overtaken the figure for yesterday's total dealings and the total rose to more than l.OOO.OOO shares. Union Pacific. United States Steel. South em Pacific and Atchison all sold during the day at the highest price in their his tory. Today's active market was attributed In Its broadly underlying impulses to the sub mission of the conferees' report on the tariff bill. The movement was helped along by many speculative devices. One device that proved most effective was the circulation of rumors of the ac cumulation of this or that stock by some financial magnate. A sudden Jump In West ern Union was accompanied by a report that an early absorption of that company by the American Telephone & Telegraph Company was in contemplation. An astonishing number of rumors bearing on particular properties were set afloat and gave rise to Isolated price movements in succession. This was responsible, largely, for the professional appearance of the market. More gold was engaged for export to Argentina. The market's closing tone was strong. Bonds were firm. Total sales, par value, $4,616,000. United States bonds were un changed on call. CLOSING STOCK QUOTATIONS. Closing Sales. Hlgh.Low. Bid. S.2UO B4- 53 54 18.41) 84'j 8314 84 400 44 44 44 T.OuO 4sy4 47 48 1.100 &i S3H 83 8.200 5 63 i 64 4 4,400 7rt7s 70 7ti 300 42 42 4214 2,400 3H 38 3S 200 it i4 16 fi. 644 3v; P-4 34.700 98 S MS &4 1.70O 114S 113 113 4.000 131 T 13t 131 1.300 143 l42Vi 142 8-H) lMrt lol 101 3 0 84 l4 34i 34 30 41.1 48 49 37,7'M 118 117 118 5'M) 104T 1044 104 900 134 133 134 14, 70 119 119 119 93 1.2O0 31 30 30 15.700 79; 78 70 1.90O 186 1S6 186 6,900 35 34 34 106 292 8.500 70 78 79 65 -8.100 1 1.300 187 186 387 15.8--0 158 157 158 3O0 77 75 75 1,000 47 46 47 Amal Copper .... Am Agricultural.. . Am Beet Sugar Am Can p Am Car & Foun. Am Cotton Oil... Am Hd A Lt pf. Am Ice Securl... Am Linseed Oil .. Am Locomotive.. . . Am Smelt & Ref . . do preferred Am Sugar Ref... Am Tel & Tel.... A m Tobacco pf . . . Am Woolen Anaconda. Mln Co. Atchison do preferred . . . Atl Coast Line Bait & Ohk do preferred . . . Bethlehem Steel . . Central Leather . . do preferred . . . Central of N J.. Ches & Ohio Chicago & Alton. . Chicago Gt West. Chicago ft N W.. C. M A St Paul.. C. C, C & St L... Colo Fuel & Iron. Colo St Southern... do 1st preferred. do 2d preferred. Consolidated Gas. . Corn Products ... Del & Hudson. . . . D & R Grande ... do preferred . . . Distillers' Securl. Erie do 1st preferred. do 2d preferred. General Electric... Gt Northern pf . . . Gt Northern Ore. . Illinois Central .. Interboroufsh Met. do preferred ... Inter Harvester . . Inter-Marine pf .. Int Paper Int Pump Iowa Central .... K C Southern ... do preferred . . . Lou 1 9 & Nashville Minn A St L M. St P & S S M. Missouri Pacific. . . 56 814 8014 142 24T4 194 49 8.14 38 874 64 4414 170 10.600 143 140 7.7"0 2.14 24 1.300 19S 194 6.100 4I4 46$; 300 8.1 H 500 38 3S 8..100 37 37 2.600 55 54 'i 1.000 45 44 2.8..0 170H KMIV4 19.4O0 1531 151H4 4. UK) 7B, 7.1 8.700 157. 157 1,400 15"4 15 7.20O 47H 4fl4 4O0 K7, S7Vi 1.4IK 22 1.2O0 16 600 39.4 304 S.l'iO 32 "2 3Hi 8.50O iK 4g 8O0 7314 7314 2.S00 146 4 145 800 51! 6i 9"0 144 143 6.3O0 7.1S4 74 4.210 4S14 425 '"'300 im" ioisj 800 88 864 ss'ioo i-ii'i 13S 2.000 52V4 514 2.000 95 944 1.5.0 S414 834 16.300 154 153 2"0 314 314 S2.0O0 139 13K; 2.300 116 1144 1574 15 47 864 2314 164 39 '4 31 48 73 14614 54 4 143 4 75 4 42 4 I05' 87 514 140 51 94 82VI 1.14 314 do preferred ... National Biscuit .. National Lad ... Mex Nat Ry 1 pf N T Central N T. Ont & Wt. Norfolk Wst. North American... Northern Pacific.. Pacific Mall Pennsylvania People's Gas .... P. C C & fi 1 Pressed Steel Car. 6.600 4S 464 Pullman Pal Car. 93 47 Jbi 47 47 157 150 Ry Steel Spring.. 2.10O- 4S Reading 14.9" 159 Republic Steel ... 2.800 37 4 do preferred ... 2.500 107 Rock Island Co.. 24.100 394 37 37 Vj 103 3914 76 4 54 106 3d 4 76", 55 4 26 65 844 135 33 73 38 . S54 50 till 4 ! 4 do preferred ... 0.0W St L & S F 2 pf. 2.000 56 St L Southwestern do preferred ... 4O0 R5T4 65 4 S!os-Shfff!eldi 3.300 85 834 Southern Pacific .. 48.300 1354 134 Southern Railway. 13.4'1 334 33 do preferred ... 3.600 73 V i- Tenn Copper Texas & Pacific. 11.100 35 5" 35 50 9'4 Tol. St L ft West do preferred . . Union Pacific ... do preferred .. V S Realty .... TJ S Rubber U S Stee! do preferred . . . TTtah Conner 2.1O0 2.7iX 69' OO.51O 201 2"0 OO I054 104 104 4 700 800 s.v- 83 4 Ki 39 1 73 391; 39 155.7(0 72 -3 128 514 53 u 214 57 4 3 85 4 75 w. 74 .'0 12S 127 iv oz 01 Va-Caro Chemical. 5.4O0 53 04 21 67 4 854 774 S3 W'abajih do preferred Western Md 1.700 214 574 844 7.500 8.6O0 Wejitimhouse Eleo 2.200 Western Union 3,4"0 Wheel & I Erie.. Wisconsin Central. 100 67 4 57 664 Totaf sale for th day. 1.069.800 hare. BONDS. XEW YORK. July 30 Cloalns quotations: TJ. S. ref. 2 reg.lO0'N T C O S4s.. 924 do coupon 100jN"orth Pacific 31. 79 TJ. S. Ss res; 101 North Pacific 4s. 102 do coupon. .. .101 Union Pacific 4S.103 TJ S new 4a rea-117 wlscon Cent 4a.. 954 do coupon. .. .1144 Jap&naae 4s 86T4 D 4 R O 97HI Stooka at London. LONDON. July 30. Consols for money. 83 13-16: do for account, 83 13-18. Amal Copper... 83!Mo K & T.' 44 Anaconda 10 N. T. central .. .144 Atchison 120 INorfolk & West !'. do pref 1"74! do pref 92 Palt Ohio 1221'Ont & West 53 Can Pacific 190. Pennsylvania ... 714 Ches & Ohio slVRand Mlnea 104 Chi Grt West... 8 'Reading: 80 C M. A S. P 1624 Southern Ry.... 34 4 De Feers :.14! do pref 7.14 I & R G 504 'Southern Pacific. 138 do pref 87 4 Union Pacific. . .20.1 Erie 34' do pref los do 1st pf 55-VU. S. Steel 74 do 2d pf 41 I do pref 131 Grand Trunk... 23'Wabajh 22 111 Central 1174 do pref .194 L. 4 N 1494iSpanlsh 4 95 Money. Exchange, Etc. NEW YORK, July SO. Prime mercantile paper. 34 per cent. Sterling exchange weak with actual business In bankers- bllla at 4 .8635 94 8145 for 0-day bills and at I4.8K90 for demand. Commercial bills, 4.S4 4.8J4. Bar silver. 504 c. - Mexican dollars, 44c. Government bonds, steady; railroad bonds. Arm. Money on call eajy. 15?2 per cent; rul ing rate and closing bid, 14 per cent; of fered at 2 per cent. Time loan very active and much firmer. 60 days. 2 per cent; 90 days. 2402 per cent; six months, 3 per cent. SAN FRANCISCO. July 30. Sterling on London. 60 days. f4.S.1; sight. $4 87. Silver bara. .10 c. Mexican dollars, 4.1c. Drafts, sight. .1c; .te'.eeraph. 7c. LONDON. July 30. Bar silver, steady. 23 7-16d per ounce. Money. per cent. Tb rate of. discount In the. open market for short bills Is 1 per cent; for three months' bills, 1 17-16 pr cent. Dally Treasury Statement. WASHINGTON, July 30. The condition of the Treasury at the beginning of busi ness today was as follows: Trust fund Gold coin 1851.657.869 Silver dollars 4S7.6o7.oOO Silver dollars of 1890 4.117.0-M3 Silver certificates outstanding.. 487,637,000 General fund Standard silver dollars in general fund 4,508,538 Current liabilities 97.044,046 Working balance in Treasury office S3,341,4il3 In banks to credit Treasurer of of United States 43.813,321 Subsidiary silver coin 26,541.474 Minor coin 2.450.422 Total balances in general fund. .$107,007,147 Eastern Mining- Stocks. BOSTON, July 30. Closing quotations: Adventure 7lMohawk 63 Alloues 44iMont C A C 35 Amalgamated . 83 'Nevada 34 Ariz Com 43!01d Dominion... 56 Atlantic .'. . SVl.Osceola 146 Butte Coal 25Parrot 33 Cal A Aria 305 Qulncy 90 Cal A Hecla 660 jShannon 36 Centennial 32 Tamarack 7 Copper Range.. 83Trlnity 13 Daly West 8U- S. Mining 53 Franklin 17 C. S. Oil 32 Granby 101 Utah 44 Greene Cananea.104 (Victoria 4 Ile Royale 27 ' Winona 6 Mass Mining 8:WoIverine 135 Michigan 10North Butte 58 BERRY PRICES ARE HIGH EXTREME QUOTATIONS IX THE SEATTLE MARKET. Heavy Shipments of Cantaloupes From Oregon Cause a Drop But ter Is In Large Supply. SEATTLE. Wash., July 30. (Special.) Not in years have the prices of small frulta, particularly raspberries and blackberries, ranged as high in the market 'as this year. The best raspberries command $2. which consumer declare- is an outrageous price, yet there are enough buyers to keep the supply cleaned up. Blackberries are selling as high as S2.25. Lemons slumped another 50 cents today making the ton quotations 15.50. Owing to heavy receipts of home-grown tomatoes, prices are dropping, ine top 10 dav was only 75 cents for good stock. Cantaloupes dropped 50 cents, owing to heavy shipments from Oregon. 1 nc top quotation Is 2.50. with much good stock going as low as (2. After an effort to put the price of Eastern butter up a cent, dealers have given up the attempt. The supply 01 local is too neavy. The fact that much local butter is available, greatly to the surprise of several dealers, created a sentiment In some quarters today that lt will be impossible to put through an advance tomorrow afternoon. The grain markets were dull and un changed. QUOTATIONS AT SAN FRANCISCO. Prices Paid for Produce In the Bay City Markets. SAN FRANCISCO, July 30. The follow ing prices were quoted in the produce mar ket today: Millstuffs Bran. $2S.5030; middlings. 36.5O37.50. -. verotfLhlea Hothouse cucumbers. 25S"o0c string beans, 143c; tomatoes, 4060c; garlic. 34fg5c; green peae, 50c$l; eggplant. 50 75c. Butter Fancy creamery, 28c; creamery seconds. 27c; fancy dairy, 254c; dairy sec Poultry Roosters, old, $4.503; young, ST 10; broilers, small, 52.ouGM.oo; oroue. large. $3.5o&4; fryers, 8lu; hens, 4.u 10; ducks, old, $.16; young. $B8. F.irea Store. 29c: fancy ranch, 32c. Cheese New, 15418c; young America, 14 416c. Wool South Plains and San Joaquin, 12 it. v.VBri, lSflflf Mountain. 64z12c. Hay Wheat. $12-517.50; wheat and oats, $12 B16.50; airaira, $wqls; biwuk, o-u.j, lev. $10!U13.oo; straw, per Daie. ovte- trrntti Annies. eholoe. $1.50: common 30c; bananas. 7.1cjj$2.50; limes, $55..10; lemons, choice, J5; commons, il.oo; pine apples. $1.502.5O. Hons Contracts. 1908. 20c. Receipts Flour, 32.18 quarter sacks: wheat. 2835 centals; barley, 9319 centals; oats, 050 centals; corn. 35 centals; potatoes. 8910 sacks; bran. 420 sacks: middlings, 350 sacks: hay, 364 tons; wool, 307 bales; hides, 1630. Dairy Prod nee, In the Eat. CHICAGO. July 30. Butter Steady. c.n,i.. !22V.iffl26c: dairies. 20234c. Eggs Steady; receipts, 9179 cases; at mark, cases inciuoea, ioc; uibus prime firsts. 224c. cfheesesteady; daisies, 15154c: twins, 144144c; young Americas, 154154c; long horns, 15 4 S 15 4 c. NEW YORK, July SO. Butter Barely steady; creamery specials. -'7c. Cheese Steady, unchanged. Eggs Irregular. Coffee and Sugar. NEW YORK, July 30. Coffee futures closed quiet, net unchanged to 10 points higher. Havre was unchanged to 4 higher. Sales here were 2750 bags. July tS 80; Sep tember 15.70: October 5.40. Spot coffee quiet: Rio No. 7. 74c; Santos No. 4, 49c Mlld coffee quiet. Cordova. 94124c. Sugar Raw, firm; fair refining. $3.48; centrifugal, -.96 test, $3.98; molasses sugar, $3.23. Refined, steady; crushed, $5.65; powdered, $5.05; granulated, $4.95. Hops at London. LIVERPOOL, July 30. Hops in London Pacific Coast, steady. 3 4. Flaxseed at Minneapolis. MINNEAPOLIS. July 30. Flax, $1.559 1.56. FREIGHT TRAFFIC GROWS Southern Pacific Locates Switching Engine at Grants Pass. GRANTS PASS. Or.. July 30. (Special.) Grants Pass has become a commercial center for Kogue River Valley. This much is evidenced by the fact that the Southern Pacific Company has seen fit to install a switch engine at this "place with crews to man the same. A year ago when the fruit exchange for the valley was organized at this place an attempt was made on the part of eome to petition the railroad company to station a crew and switch engine here, particularly during the fruit season. But times have changed and without request the petition has been answered by force of circumstances favorable to the com pany and business interest of the com munity. Now the local freights are enabled to come in and get out on time and as the fruit season ie drawing near, the fruit exchange will have no trouble in getting its cars spotted, loaded and iced ready for the through freight. EInia Forms Commercial Club. ELMA, Wash.. July 3a (Special.) The Elma Commercial Club was organized last night with a good membership and the following officers elected: B. I France, cashier of the Bank of Elma. president: J. W. Strubel. of the mercantile firm of Strubel & Glancey. vice-president: Lv I. Wakefield, proprietor of the Wake field Hotel, secretary, and J. A. Vance, president of the Vance Lumber Company, treasurer. Fish Thefts Extensive. ASTORIA. Or., July 30. (Special.) Not onlv are the fish pirates operating among the" traps in Baker's Bay, but they are also plying their trade on this side of the river. On Tuesday night during a severe rain storm, salmon were stolen from nine or ten boats, which were moored at the . Point Adams and Hanthorn canneries in the eastern part of this city. BIG CROP ESTIMATE Has Weakening Effect on Chi cago Wheat Market. prices Lower at close Yield of Minnesota and the Dakota Placed by .n Authority at 285, 000,000 Bushels and Others Estimate More. CHICAGO, July SO. High estimate, of the total yield of wheat in the Northwest had a weakening effect on the wheat market today 'and considerable nervousness character! xed trading. Some firmness was manifested early In the day in consequence of fresh re ports of black rust In North Dakota, but as trading advanced sentiment became bearish, as these rumors were found to refer to only one locality. The report of a Minneapolis trade journal, given out late yesterday, which claimed a total wheat crop of 235.000.000 bushels for Minnesota and the Dakotas. and several additional estimates which placed the crop at from 225,000,000 to 260.000,000 bushel were largely responsible for the weakness which prevailed late in the session. During the day July sold between $1.07 and $1.08 and Sep tember between $1.03 and $1.061.064. The market closed weak, with July at $1,074 and September at $1.03. Increased local receipts and a slackening in shipping demand prompted moderate selling of corn during the greater part of the session. July sold between 70c and 71c and Septem ber between 66c and 67 c. the former closing at 70c and the latter at 66c. A break of 8c in the price of July was the feature of trading In oats, which was ex tremely weak all day. The range on July was between 42 and 45c. The market closed weak at almost the lowest point, July being at 42c and September at 38c. Provisions displayed considerable strength at the start, but eased' off somewhat during the final half of the session. Prices closed 124S'15c lower to 15c higher. WHEAT. Open. High. Low. Close. Julv 1 074 1.0S 1 07 1.074 I"? :::::: i ?sh i.o 103 i m Dec 1 03 1.03 1.02 1.02 4 May 1 06 1.06 104 1.0o4 CORN. July 71 .71 .70 .70 Sep 664 -.674 -66 .664 Dec 55 .65 .55 .4 May 56 .66 .65 -" OATS. July 434 .45 .42 .424 Sep 39 .39 .384 -384 Dec 391 -89 .384 .38 May 41 .41 .40 .40 MESS PORK. July 20.35 20.35 20.82 20.32 Sep. 20.60 20.65 20.324 20.45 LARD. July 11.224 11.224 Ii" U.20 Sep. 11.27 4 11-32 4 H-2 -8 SHORT RIBS. July 10.874 10.90 10 87 10 JO Sep 11.00 11.024 10.90 10.92 Cash quotations were as follows: TJ- in,... Vt'oalr Barley Feed or mixing, 6062c; fair to choice malting, 66 70c Flax seed No. 1 Southwestern, $1.88, No. 1 Northwestern, $1,48. Timothy seed $3.80. Clover $10.85. Mess Pork Per barrel, $20.3020.35. Lard Per 100 pounds, $11.25. Sides Short ribs (loose), $10.S510.9. gides Short clear (boxed), $11,62 4 11.76. Grain statistics: Total clearances of wheat and flour were equal to 359,000 bushels. Exports for the week, as shown by Bradstre-Ms, were equal to 1.6S0.000. Primary receipts were 1.097. 000 bushels, compared with 1,046,000 bushels the corresponding day a year ago. Estimated receipts for tomorrow Wheat, 252 cars: corn, 129 cars; oats, 78 cars; hogs, 7000 head. Receipts. Shipments. Flour, barrels 26.900 19.400 Wheat, bushels 432,400 95,500 Corn, bushels 20S.S00 170.500 Oats, bushels 102,200 174.100 Rye, bushels 1.000 3.000 Barley, bushels 2,100 16,200 Grain and Produce at New York. NEW YORK; July 30. Flour Receipts, 16,oS5 barrels; exports, 11.TU9 barrels. Mar ket less active, with prices nominally lower. Wheat Receipts, 36.800 bushels; exports, 7006 bushels. Spot. weak. No. 2 red, new, $1.34, sales In elevator; No. 2 red. new, $1.14 end August, f. o. b. afloat; No. 1 Northern Duluth, old, $1.37. new, f. o. b. afloat; No. 2 hard Winter, new, $1.14, nominal f. o. b. afloat. Quickly following: a firm opening, due to better cables, wheat eased off today and in the afternoon became decidedly weak under liquidation and fav orable crop news. July was an exception, however, shorts paying $1.40, a new high record. It closed 6c higher against 1 to lc less In other months. July closed at $1.40; September. $1.11 ; December $1.09; May, $1.11. Hops Firm. Hides Quiet. Wool and petroleum Steady. , Grain at San Francisco. SAN FRANCISCO, July 30. Wheat, steady; barley, easy. Spot quotations: Wheat Shipping, $2.05 2 07 H ; milling. $2.10 barley Feed. $1.42- 1-45; brewing. $1.451.47. Oats Red, $1. So 1.95; white, nominal. Call-board sales: Wheat No trading. Barley December, $1.45H 1.45 v4 ; May, $1.50. Corn Large yellow, $1.801.52 European Grain Markets. T.TVERPOOL. July 30. Close: Wheat September, 8s 4 d ; December, 8s d. Weather, unsettled- EnicliBh country markets, easy: irrencn country markets, quiet. LONDON. July 80. Cargoes, steadier. Walla Walla for shipment, 41s 6d. Wheat at Seattle. SEATTLE, July 80. No milling quota tions. Export wheat Bluestem. $1.04; club, 9c; red. 99c. Receipts Oats, 2 cars. Wheat at Tacoma TACOMA. July 30. Wheat Export, blue- stem, $1.02H1.03; club, 98c; red, 98c. THIS BEER SALE COSTLY Roseburg Bootlegger Fined $150 for Infraction Local Option Law. ROSEBURG, Or., July 30. Special.) Joe Lesina, who was convicted of selling; one bottle of beer of J. B. Sawyers of this city, yesterday, was today fined $150 by Justice of the Peace Long. Lesina has given notice of appeal. While the prosecuting witness admitted that he had drunk whisky secured from other sources, Lesina's conviction was secured through the finding of the Sheriff of several bottles of good beer on his premises, the Jury believing that he car ried the same for the purpose or dis posing of it, and that the beer sold to Sawyers was good beer and not what is known as near beer. This is the first conviction for selling beer in this county since the adoption of the local option law, and lt Is ru mored that other arrests will follow. There is said to be a large amount of the real beer being sold here under the guise of near beer. Astoria Secures Ohio Teacher. ASTORIA, Or., July 30. (Special.) A telegram has been received from H. H. Hoffman, of Toledo, O., accepting the ap pointment of principal of the Astoria High School for the term beginning; In September. THE UNITED STATES NATIONAL BANK PORTLAND. OREGON UNITED STATES DEPOSITORY CAPITAL AND SURPLUS, $1,000,000 OFFICERS J. C. AINSWORTH. President. E. W. SCHMEER, Cashier. E. LEA BARNES, Vice-President. A. M. WEIGHT, Assistant Cashier. W. A. HOLT, Assistant Cashier. LETTERS OF CREDIT AND TRAVELERS CHECKS ISSUED NEGOTIABLE EVERYWHERE DRAFTS Drawn ON ALL FOREIGN COUNTRIES LUMBERMENS National Bank CORNER FIFTH AND STARK STREETS 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 costly repairs. It assures a sanitary and durable street. It assures conscientious workmanship and best materials. It assures perfect satisfaction. BITUIiITHIO INSURANCE IS SAFEST AND SUREST. WARREN CONSTRUCTION COMPANY 317 BECK BUILDING, PORTLAND, OR. CONFIDENCE GROWS FAST TRADE AND INDUSTRIAL CONDI TIONS STEADILY IMPROVE. Growth of the Iron artd Steel Busi ness Is Maintained Crop Prospects Favorable. NEW YORK, July SO. R. G. Dun & Co.'s weekly review of "trade tomorrow will say: Crop reports are favorable with Winter wheat nearly harvested. Ths excellent con ditions in the Iron and steel trade, empha sised by the report of the principal pro ducer, are maintained. Reports from the principal trade centers are uniformly en couraging. Confidence, it is true, increases faster than the trade activity and prospects of coming agricultural and Industrial pros perity are more pronounced than immediate business, but this confidence appears to have an Immense uplifting power. MORE BCVERS ARE IN EVIDENCE. But Conservatism Is Still Shown in Many lines. NEW YORK, July 30. Bradstreefa to- mnrrnw will KftV: More buyers are In evidence on the lead ing markets and Fall Jobbing trade shows signs of getting under headway, but the vacation season, the imminence of tariff bill settlement and the rapidity of recent price advances breeds conservatism in many wholesale lines, pending clearer views of the final crop outturn. Business failures in the United States for the week ending with July 29, were 223. against 230 last week, 2T5 In the like week of 1908, 142 in 1907, 170 In 1906 and 178 in 1905. Wheat, including flour, exports from the United States and Canada for the week ending July 29, aggregate 1.579,652 bushels against 9SS.S58 last week and 2.603.999 this week last year. For the four weeks ending July 29 exports are 3.S93.731 bushels, against 9 399,884 bushels In the corresponding period last year. - ! lr,r-J3J Corn exports for the week are 149,904 bushels against 32,092 last week and 15,923 in 1908. For the four weeks ending July 29 corn exports are 320.5TT against 207,618 bushels last year. Bank Clearings. NEW YORK, July 30. Bradstreet's bank clearings report for the week ondlng July 29, shows an aggregate of $2,754,301,000, as against $3,017,267,000 last week, and $1.- Bonds Investments CALX, OR WHITE T. S. McGRATH lumber Exchange, PORTLAND, OREGON. 30 4,723,000 In the corresponding week last year. The following is a list of tb cities: P.C.Inc. New York 11,700,141,000 18.5 Chicago 25S.37S.000 26.8 Boston 139,445,000 14.1 Philadelphia 111,518.000 10.0 St. Louis 55,465.000 .4 Pittsburgh 44.283.000 17.4 Kansas City 43.688.000 83.2 San Francisco 34,933,000 8.6 Baltimore 26,416.000 10.9 Cincinnati 26,613.000 24.5 Minneapolis 14.760,000 2.3 New Orleans 12,070.000 25.9 Cleveland IS, 500. 000 26.8 Detroit 19.473.000 72.6 Omaha 13.056.000 33.8 Louisville 9.994,000 1.0 Milwaukee 10,117,000 26.5 Fort Worth 5,207.000 28.0 Los Angeles 12,117,000 (7.8 St. Paul ' 8.731,000 7.7 Seattle 10.920.000 44.0 Denver 7.770,000 6.8 Buffalo 8,(00.000 11.6 Indianapolis 7.422,000 10.3 Spokane, Wash 5.500,000 16.9 Providence 8.040,000 15.5 Portland, Or 5,496,000 14.3 Richmond 8.361.000 85.1 Albany 4.770.000 '6.9 Washington, D. C 5.692,000 36.9 St. Joseph 4.634.000 18.2 Salt Lake City (.932.000 (1.9 Columbus 6.575,000 22.1 Memphis 5,298,000 69.2 Atlanta 5. 055.000 100.4 Tacoma 5,942,000 " 43.9 Oakland, Cal 985,000 12.2 Helena 723,000 24.3 Decrease. Wool at St. Loul. ST. LOUIS. July SO. Wool Steady. Ter ritory and Western mediums, 23 27c: fine mediums. 21iS24c: fine, 12IS1SUC TRAVELERS GUIDE. HONOLULU Beats Them All for sailinar. surf- and back $110. Firrt CIm I boating.surf-board 1 nainj. sea Dauimg-. swimming' and aquatic sports; fishing, base ball, tennis, golf, automobiling. Most at tractive spot on entire round the world tour. Five and one-half days from San Francisco by S.S. Alameda (wireless), sailing June 5. 26, July 17th. Aug. 7, etc BOOK NOW and secure the best berths. Line to Tahiti, New Zealand and Australia S. S. Mariposa sailing: July 1. Aug. 6. etc. Tahiti & back $125. Wellington & back $260. O. S. S. Co,. 673 Market St., San Francisco ftamburg'Jtmerican. All Modern Safety Devices (Wlreles, Etc.) London Paxil Hamburg. Cleveland(new)JulySl p. Lincoln(new) Augl8 P. Grant (new) Aug. 4 Cinclnnati(new) Aug 21 Kai serin A. V. Aug 7 Bluecher Aug. 25 Pennsylvania Aug. 11 Amerika . ..-.Aug. 2$ Rita Carlton a la Carte Restaurant. ITALY via Gibraltar. Naples and Genoa. Calls Azores S. 8. HAMBURG. Aug. 7. Sept. 30 B. S. MOLTKE, Sept. 9. Oct. 21 Tourist Dept. for Trips Everywhere. Hamburg-American Line, 1C0 Powell St., San rancitico, and Loral Agents, Portland. NORTH PACIFIC S. S. CO. For Eureka, San Francisco and Los Angeles direct. The steamships Eoa Doke and Elder sail every Tuesday at 3 P. M. Ticket office 132 Third, near Aider. Phones M. 1314 and A 1314. EL YOUNG, Agent. 6AX FRAJiCISCO PORTXAND S. 8. CO. Only direct steamer and daylight sailing. From Ainsworth Dock, Portland, A. M. S. S. Rose City, July 31, Aug. 14, etc. 8. S. felate of California, Aug. 7. From Imbard St., San Francisco, 11 A. It 8. 8. State of California, July Xl. 8. 8. Rose City, Aug. 7. 21, etc. J. W. Ransom, Dock Agent. Main 2tSS Ainsworth Dock. M. J. ROCHE, City Ticket Agent, 143 8d St. Phone Main 402. A 140a COOS BAY LINE Toe steamer BKtiKWAIER Uarss Port land every Hedaewiay. front Ala. worth dock, (or orc iteud, Mar.uHelu ant) Coos Bay point.. Freight received till 4 P. u oo day of sailing. Paiaenger fare, flrst-cla-s 10: second-class. 7. Including berth and meals Inqulr. city tlckst oBlcs. Thlrei and Wa.hlngton Itmu, 0 Aiaawort Them Mala S4MV