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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Aug. 7, 1909)
17 TITE MORXIXG OKEGONIAX, SATURDAY, AUGUST 7, 1909. AS HIDES ABE STEADY But Little Change Shown in Eastern Conditions. LOCAL MARKET UNSETTLED Flht Still On Between Buyers In This Section Old Hops Sell at 8 Cent Grain Trade 1 9 Slow. The keen competition between hld-e buyers In this section keeps the market unsettled and prices, therefore, do not re flect condition In the East, as they other wise would. There la no telling how long the fight will be kept up- While tp parently It ! not a good thlnr for . th-a buyer yet the sellers have no reason to complain. In a general way the Eastern hide market fa eteody. Advices received yesterday from the East said packers were well sold ah ad on native cowa to the middle of Septem ber and even later. Tor this reason the market holds fairly steady. Other selec tions of native hides in packers' stocks have declined to H cent. The country hide market Is not called strong. Tt there have been no declines. If dealers were to force sales, ho-rever. the advices say no doubt weaker conditions would be reported. While hldee are not over plentiful In the East and otherwise might show strength, the dullness In the leather trade has the effect of offsetting this. The placing of hides on the free list haa so far sot af fected the market. RED 8 PIPER REPORTED FN" If OP YARD 9. Condition Said to Be Bad bat May Be Exaggerated. A number of reporta were received yes terday from Valley points of the Increase of lioe and of the presence of honey dew In hopyards and also of the appearance of rd spider In some sections. While some of the reports wre of an alarming nature they were possibly exaggerated, aa crop damage reports frequently are. Still, hop men believe that the grow-ers should make every effort to save the full crop and keep up the states reputation for quality. The growers who contracted at a low price may net be dlnnosfd to do this, but those who nine not yot oM probably will. The only transaction reported In the market yestorday was the purchase by Kola Xis of 100 bales of 190s at S cents, the brut price paid this season for that growth. The following plantation reports, typical of conrfUIons In England, are printed In th- latest Kentish Observer: Benenden Weald Very little Improve ment generally, though the bost vine Is rtninjr better under the Influence of the hot woathor. Vermin continue almost as thick and active as ever. Bridge Th weather has been dectdedly hotter the last few days, but there is very little, if any. Improvement In the appear ance of the plant at present. Vermin are still most persistently In evidence, and even continuous washing falls to exterminate them. The crop must be a short one, and the cultivation thereof most expensive. Canterbury and District The vine looks much healthier this week, and In the case of that which haa been well washed the aphis Is less troublesome. Laterals are de veloping, and with a continuance of the hot weather prospects should soon become brighter, but the crop must be a very mod erate one. Mould Is In evidence at places, and sulphuring haa become necessary. Slttlngbourne and District The welcome change In the weather has effected a marked Improvement In the best managed grounds In and around Slttlngbourne. The forward vine la looking more vigorous, and on the whole the vermin attack Is dimin ishing. Washing, however, Is constantly be- lng carried on. Teynham The vine has made more growth aince the return of warmer weather, but fresh fly la continually arriving and constant washing Is required to keep the vermin within bounds. Very little mould at present. Wingham There la lesa fly now, and It does not increase so rapidly, but the vermin Is still very persistent, and the vine re quires constant washing to prevent it col lapsing entirely. Xorth Herefordshire Thena Is no Im provement to report In this district. Fresh attacks of aphis blight are continually ap pearing, and & number of yards are quite hopeless. There will only be a very short crop If we haw favorable weather now. BUYERS AND SELLERS HOLD OFF. Fhaky Condition of Wheat Market Cheeks Trading. There was very little trading In the wheat market yesterday, either here or In the country. The sharp decline in the East and In Europe had the effect of making dealers hesitate and at the came time farmers' offerings were not aa free as they have been. Locally, wheat prices were quoted unchanged. Barley was quiet and trade In oata continued dull. The Merchants Exchange reported weekly foreign shipments as follows: Argentine shipments, 6S0.00O bushels; last week, STC, POO bush-els: last year. 2.516,000 bushels. Australia shipments. 192,000 bushels: last week. 1 $0,000 bushels; last year, SO i, 000 bus he la India shipments. 2,77$, 000 bush els; last year, 1.CS5.OC0 bushels. Local receipts In cars were reported by tlw Merchants Exchanre as follows: Wheat Barley Flour Oats Hay Monday 71 7 11 2 1 t Tuesdav 11 8 13 18 Wednesday . .... 1 1 .. 1 Thursday 6 4 2 17 14 Fruiay 2 1 Year spo 19 4 Total last .week. S 12 1 S 10 9 34 I'KACUES ACTIVE IX FKl'IT TRADE. Tomatoes Are Com para t Ivrty Scarce and Firmer in Price. A car of California Elberta peaches ar rived yesterday, another car Is due today, and two more will be In before Monday morning. The market on them was firm at 75o to SI per box. The best Oregon peaches moved at 75 cents, but poor stock old as low as 30 cents. Two cars cf cantaloupes were received and they wene firm at f2 a 1.50. Melons ere also active and firm. Casabas moved fairly well at KfcMS. A considerable shipment of raspberries came In and they cleaned up at J1.40. Tame blackberries wre quoted at 11.35 and wild blackberries sold well at 10 cents a pound. Among the Southern shipments was a small lot of four-tier California Oravens&ein applea packed In the Oregon style. They were held at $-.23. Plums were plentiful and the best sold at 75 cents to SI. Tomatoes wend very Arm at 75 -955 cents for California and $1.23 for local hothouse, A car of sweet potatoes was due last night. Good Demand for Poultry. There la a good demand for poultry and everything cleans up as fast as received. Hens and Spring chickens were quoted at 15 cents yes:erday. Egys were slow all around. Strictly fresh ranch stock In single cases moved at "8 cents, but larger lota were quoted lower. Butter and cheese were Arm and unchanged. Plenty of Fruit Cars. The car famine In California Is now at an end, according to the California Fruit Distributors, who say in a, circular to the trade: We have plenty of cars available for ship ment the latter part of the week and in consequence shipments have been very heavy. It Is necessary to use each day the cars arriving the day before, as there ia ab solutely no surplus. As long as receipts counterbalance shipments we txpect no further trouble, but at any time that this Is not true our troubles begin afresh. It is hoped, however, we will got through the re mainder of the season without any serious trouble of this kind. Bank Clemrtnga. Clearings of the Northwestern cities yes terday were as follows: Clearings. Balances. Portland $1,070.170.81 $ 64.333.14 Seattle l.'t4.i:".9.CK 2".V4:U.0 Tacoma 7sr,.,.l.4.0t 5X747. Ppokane 544.2ii4.0U 6i,730.uo PORTLAND MARKETS. (train. Flour, Feed, Etc WHEAT Track prices: New crop, blue stem, 9!c: club. IMc; red Russian. iic; Val ley. 94c; Turkey red, W4c; 40-fold, OOHc FLOUR Patents. $i.25 per barrel; atralghts, $5.30; exports. $4.70; Valley, $5.50; graham, $5.60; whole wheat, quarters, Jj.SO. BARLEY New. $26.5027 per ton. OATS Spot, $31; September. S2S.50&29 per ton. CORN Whole. $36; cracked. $87 per ton. MILL-STUFFS Bran, :M per ton; mid dlings. $33; shorts. $29fj 3; chop, $22 29; rolled barley, $32.5033 50. HAI New crop : Timothy, Willamette Valley, $12910 per ton; Eastern Oregon, $17 18; mixed, $15.503 16.30; alfalfa, $13 60; clover. $1113; cheat, $1314 50. GRAIN BAGS 6c each. ,Krlfbii nntl l'rnlta. FRESH FRUITS Applea. new. 12.23 per box; pears, $1.75 per box; cherries, 124c per pound; peaches. r.Oe$l per box; cantaloupes. 2i2.50 percrate; plume, 35c V$l per box; watermelons. lQlc per lb.; grapes, 1191.85; blackberries, $13: wild blackberries. 10c per pound; casabos. $2. 2.50 per doxen. POTATOKS Oregon. 75cffxl.2S per sack; sweet potatoes. A'iMWc per pound. BACK VEGETABLES Turnips. $101.23 per aack; carrots. $11531.30; beets, $1.50. TROPICAL, FRUITS Valenclaa. $3 93.30; lemons. fancy, $0.507; choice, r0; grapefruit, $:i per box; bananas, fifcSVsC per pound; pineapples. J2fa4 per dosen. ONIONS New. $1.2ii! 1.50 per sack. VEUETABl.ES Beans, 34 5c; cabbage. 19 ftlc per ponnd; cauliflower. 75c per doz.; celery. SI. 301 1.75 per dozen ; cucumber,, 15 bora, 16'h-5o per doxen; eggplant, l'Uzty 15o per pound; onions. lS'ulSc per dozen; parsley. 35o per dozen; peas, 7c per pound; peppers. 15c per pound; radishes. 15c per dozen; spinach. Co per pound; squash. 5c; tomatoes. 75c4$1.25. Dairy "d Country Produce. Bl'TTER City creamery, extras, 30'ic: fancy outside creamery. 27, ftr.O'ic per pound; store, 21f22c. ((Butter fat prices average lsc per pound under regular but ter prices. ) Bk;S Oregon ranch, candled, 2728o per dozen. POl'LTRT Hens, ' 15c; Springs. ISc; roosters. HlOe: ducks. young. 12H lBV-c; geese, young, 1?J0c; turkeys, 20c; squabs. 1.70fi2 per dozen. CHEESE Full cream twins, lfliiSVfcpar pound; young Americas. 171,180. PORK Fancy. 11 11 He per pound. VEAL, Extra,. 910c per pound; ordi nary 78c; heavy, 7c. Grocerlea, Trrieoi Fruits. Eto. DRIED FRt'IT Apples. OStc per pound; peaches. 7H4?Sc; prunes, Italians. i 9 Oic; prunes, French, 4 3 6c; currants, un washed, cases. iiUr; currants, washed, cases, 10c; figs, white fancy, 50-lb. boxes, c; dates, 7"-i?7Hc. SALMON Columbia River, 1-pound tails, $2 per dozen; 2-pound tails, $2.'.5; 1-pound flats. S2.10H: Alaska pink, 1-pound talis. 00c; red, 1-pound talis, S1.45; sockeyes, 1-pound tails, $2. COFFEE Mocha. 249 2Sc; Java, ordinary. 17fcK:; Costa Rica, fancy, IS 20c; good, ItitflHc; ordinary. 12f1Qc per pound. NUTS Walnuts, 12'tflae per pound by sack; Brazil nuts, lflc; filberts, 15c; pea nuts, 7c; almonds, 13 14c; chestnuts, Ital ian, 11c; peanuts, raw, 6S,c; plnenuts, 10 12c; hickory nuts. 10c; cocoanuta, t0o per dozen. S1TOAR Granulated. $5.75: extra C, $5.35; golden v?. $5 25; fruit and berry sugar. $5. S3; Honolulu plantation, fine grain, t.2.; cubes (barrel), $6.40; powdered (barrel). $6.10. Terms, on remittances within 15 days, deduct c per pound; if later than 15 dav, and within SO days, deduct c per pound. Maple sugar, l&'SISc per pound. SALT (iranulated, $13 per ton. $1.00 per bale; half ground. 100s, $7.50 per ton; 60s $S per ton. BEANS Small white, 7t4c; large white, Uc; Lima, BVJc; bayou, 6,c; red kidney, 4'c: pink, 4 He. Hops, Wool. Hides, Etc HOPS 1309 contracts. 2122c per pound; 100S crop, lrtc; 1007 crop. 12c; 1906 crop. 8c. WOOL Eastern Oregon. 16 $3 23c per pound; Valley, 23e25c. MOHAIR Choice. 24(ff25e per pound. CASCARA BARK New. 8c; old, 6ko per pound. HIDES rry hides, 1617c per pound: dry kip. 15S16c pound; dry calfFkln. 1S loc pound; salted hides, t 14 010c; salted calfskin. 14815c poupd; green, lc lew. FIRS No. 1 skins: Angora goat, $1 to $1.2,"; badger, 2550c; bear, $620; beaver, $6 5008 50; cat, wild. 75cff$1.50; cougar, perfect head and claws, $33 10; flsher, dark, $7.50 011; pale. $4.!H&7; fox. cross. $395; fox. gray. 60S0e; fox. red, $35: fox, silver. $;:5tflt0; lynx, $S15; marten, dark, $8312: mink. $3.502 5.50; muskrat. 159 ;,c; otter. $2.50'4: raccoon, 60ff75c: sea otter, $1002.10. as to size and color; skunks, 55!SS0c; civet cat. 1015e; wolf, $2.3; covote, 75cff$125; wolverine, dark, $3S5; wolverine, pale. $2250. Provisions. B ACON Fancy, 25c per pound : standard, Sic- choice. 20c; English. l19c. . DRT SALT CURED Regular short clears, dry aalt. 14c; smoked. 15c; short clear backs, heavy dry salted. 14c; smoked. 16c; Oregon exports dry salted. 15c; smoked. 16c. HAMS 8 to 10 pounds, 17c; 14 to 1 pounds. 17c; 18 to 2 pounds. 17e; hams, skinned. 17c; picnics. 12c; cottage roll. 13c: boiled hams. 2:ife24c; boiled picnics, 20c. LARD Kettle rendered. 10s, lHc: Bs, 16e: standard pure: 10s. 15,c; 5s, 15c: choice. 10s 14Hc; Bs, 14Se. Compounds, 10s 9c; 5s, 9"4C. SMOKED BEEF Beef tongues, each, B0c- dried beef sets, 19c; dried beef out side's. 17c: dried beef lnsldes, 21c; dried beef knuckles, 20c. PICKLED GOODS Parrels: Pigs- feet. $13; regular tripe, $10: honeycomb tripe, $12: pig' tongues, $19.50. Coffee mnd 8ugar. NEW YORK, Aug. 6. Coffee future, closed steady, net unchanged to 5 points higher. Sales were reported of S250 bags, including August at S.5JjC.O0e; September. 5.70c; October, 6.40c: December. 6.35c: March, 5.40c: May. 6.46c. Spot coffee quiet. No 7 Rio. 7SC7HC: No. 4 Santos. S"'.19c. Mild coffee quiet. Cordova. 94 12 c. Sugar Raw firm. Fair refining. J.55 S.SSc; centrtfugal teat. 4.054.0Sc: mo lasses sugar, 3.30'T?3.33c. Refined steady, crushed. 5.66c; powdred. 5.05c; granulated. 4?6c. . Eastern Mining Stocks. BOSTON. Aug. Adventure Allouea Amalgamated .. Ariz Com Atlantic putte Coal ral & Ariz 6. Closing quotations 7 47 iMnnt C & C. . 20 ! Nevada ,, old Dominion.. (Osceola ....... il'arrot yuincy shannon ITamarack ..... 'Trinity t'nlted Copper.. U. S. Mining... II". s. oil , It'tah Victoria ....... Winona iWolverine North Butte. . . . . 24 . 56 .143 . 32 li . 91 . 16 . 72 . 1HH . 93 . . 35 Vi . e .154 . 57 105; 076 34( Cal i- Hecla Centennial Copper Range. . Daly West Franklin Granby Greene Cananea. I?le Royale Mass Mining Michigan Mohawk 83 S" is lil2t 101 lot 63 Wool at StC Louis. ST. lOi'lS, Aug. Wool Steady; terri tory and Western mediums. 232Sc; On, mediums. 22S2ic; line, 13 19c. Flaxseed at Minneapolis. MINNEAPOLIS Aug. t. Flax closed J1.J5. REVIVAL OF TRAD E All Developments in Past Week Have Been Favorable. IRON AND STEEL ACTIVE Settlement of Tarifr Question a Leading Factor Fall Buying Movement Is On in N Earnest. NEW YORK. Aug. 6 R. G. Dun & Co.'s weekly review of trade tomorrow will say: Every important development of the week confirms the revival of trade which haa no vital obstacle to oppose It. now that the tariff bill has become a law. A keener interest is manifested In the iron and steel market each succeeding week. The market for hides and leather la still unsettled, because of price readjustments owing to the new tariff bill admitting hides free of duty, rorelgn bides have advanced 10 per cent or more and domestic hides hare declined lesa than S per cent. The leather market continue, dull. Trade In ahoea continues moderate and most of the buyers have bought fewer shoes than they Intended and have delayed the placing of orders for later deliveries until It is more certain what effect the changed duties on hidea. leather and ahoes will have on the market. GROWING SCARCITY OF LABOR Snre Indication of Prosperous Con dition. NEW YORK. Aug. . Bradstreefa to morrow will say: With the advent of August the new tariff has become an accomplished fact, the lead ing crops are assuming more tangible form with some tempering tof earlier exuberant estimates, high premium, on old supplies of farm products are disappearing and the usual Fall buyers' excursions are bringing purchasers to leading markets. There is also noted this year, what was absent for two preceding years, a growing scarcity of labor. Business failure. In the United States for the week ending with August 6 were 184 against 22S last week; $06 In the like wek of 190S; 167 In 1907; 1S7 ia 1906. and 166 In 1905. Canadian failures for the week number 27 against 34 last week and 1 In the corresponding week of 1908. Wheat, including flour, exporta from the L'nlted States and Canada for the week ending August 6, aggregate 1.534,568 bush els against 1,579.652 bushels last week and 8.696.848 bushel, this week last year. For the five weeks ending August I exports are 6.9:8,289 bushels against 18.096.432 in the corresponding period last year. Corn exports for the week are 68.677 bush els against 149,904 last week and 114,623 in 190s. For the five weeks ending August 6. commercial exports are 888,154 bushels against 822,240 last year. Bank Clearings. NEW YORK, Aug. 8... Bradstreefs bank "learings report for the week ending Augubt B shows an aggregate of $3,157,203,000, as acainst $2,751,231,000 list week and $2. 436.314.000 in the corresponding week last year. The following Is a list of the cities: PC. inc. New York $2,022,271,000 35.9 Chicago 255.o06.000 22.7 Boston 7rto.134.000 190 Philadelphia 132.PS4.000 11 2 St. Louis 81.824.WI0 9.1 1'itfburg 48.697,000 S0.3 Kansas City 44,801.000 31.4 fan Francisco 36,2S.0(K) 9.9 Baltimore 29.165.000 17.2 Cincinnati . 26.059,000 18.6 Minneapolis 15,813.000 8.6 New Orleans 13.4iil.O00 34 2 Cleveland lh.35,uM 14.4 Lvtroll - 17.9!4.000 39.9 Omaha 12.119,000 14.3 Louisville lt.622.0O0 7.6 Milwaukee 10,588. 000 4.8 Fort Worth 5,065,000 13.0 Los Angelos 14.353.000 69.1 St. Paul 9,516.000 4 8 Seattle 11.242.O00 44.2 lenver ........-. 8.5Ki),000 1 0.0 Buffalo 10 827,000 18.7 Indianapolis 8.618,000 15.6 Spokane. Wash 3.0X4.0OO 25.6 Providence . 6.917.00O 11.0 Portland. Or.., 5.555.000 11.7 Albany 0.2iV4,000 6.5 Washington. D. C. 0.1 69.000 24.6 St Josepl 4,905,000 39.0 Salt Ijtke City 8.522.OO0 15.1 Columbus T.823.0O0 SO 0 Memphis 3.865.0O0 48.8 Atlanta '.. B.B49.O00 74.9 Tacoma 6,401.000 13.3 Oakland. Cal 2.038.000 28.9 Sacramento 1.162.O0O 82.8 Helena 803.OOO 3.7 Houston 18.652.000 6.6 Galveston 10,607,000 11.0 'Decrease. QUOTATIONS AT SAN FRANCISCO. Price, Paid for Produce In the Bay . City Markets. SAN FRANCISCO, Aug. 6. The following prices were quoted in the produce market to day: Mill. tuffs Bran, $2S.5O30; middlings, $3tt.50&37.50. Vegetables Hothouse cucumbers, 40f?65c: string beans. lH(J3c; tomatoes, 20S75c; garlic, 8 ft 60; green peas, 76c3$1.50; egg plant, 60 '(j 76c. 1 Butter Fancy creamery, 28o; creamery seconds. 27c; fancy dairy, 26',c; dairy sec onds, 24 hbc. Poultry Roosters, old, $46005; young. $6.5O10; broilers, small, $2.503.50, large. $3.504; fryers, $8 eg 10; hens, $4,500 10; ducks, old, $56; young, $68. Kgfts Store. 29c; fancy ranch, 33c, Cheese New, 1516o; young Americas, 15 ht & 10c Hav Wheat, $18 tT 18. B0; wheat and oats, $12i6: alfalfa, 1018; atock, $810l bar ley. $1013.5O; straw, per bale, 50375c. Fruits Apples, choice, $1.5002; common, 80985c; bananas. 75c&$2.50; limes, $566; lemons, choice. $3H?4; commons. $1.602; pineapples, $1.50S2.50. Hops Contracts, 190S, 1320c Receipts Flour, 481T quarter sacks; wheat, 910 centals; barley. '62S5 centals; oats, 130 centals; potatoea, 6850 aacks; bran, 200 sacks; hay. 860 tons; wooL 109; hides, 605. REBUYING OF STOCKS COUKSE OF MARKET NOT WHAT SHORTS EXPECTED. Thought That Enactment of Tariff Law Would Be Followed by Realizing Movement. NEW YORK, Aug. 8. The rise in price, today haa the appearance of righting in the market from the drop of Thursday's close. There was. In effect, considerable rebuying of stocks sold short by the professional ele ment yesterday on the assumption that the enactment of the tariff law would be fol lowed by a movement to realize' profits. No such realising movement developed to day and the uncovered bears were prompt to cover their short contracts. The stock market has not offered evi dence at any tlmo of a broad general par ticipation by the public, sucn aa is char acteristic of the boom periods of specula tion. The awakening of such a speculation has been the object of powerful interests which have controlled th, market through out the recent movement. The aim would be to facilitate the distribution, at the profitable high prices now prevailing, of the stocks accumulated at lower price. The enactment of the tariff law yester day brought no immediate response today resembling an awakened general specula tion In stocks After the spasmodic de mand from Thursday, st.ort sellers, the trading became Intensely dull, but waa ac tively renewed In the closing dealing, when the tone was very strong. St. Paul rose above 121 for the first time since 1906. There was much discussion of the profitable possibilities for traffic on the Pacific Coast extension of the system, for which large growth t predicted. - Not much attention was paid to the fore cast of the currency movement In view of the continued ease of the call-money mar ket. Operation, with the subtreasury this week have absorbed $6,132,000 from the banks and this officially reported movement Is much more reliable than the usual esti mates of the express movement with the interior. United States Steel's rise to 76. and Union Pacific to 203 made new record prices for those stocks and helped ma terial to the strong closing tone. Bonds were firm. Total sales, pax value. $5,372,000. United States bonds . were un changed on call. CLOSING STOCK QUOTATIONS. Closing Sale. High. Low. Al'.iei Chalmers pf l.Soo 57 66 S BH 5K-4 49 ' Amal Cotiper .... 13. HO S5!i 49'2 4S', 17 84 Am Agricultural .. 2.I1K) 49 47 83 7,v; 4714 3014 17 67H Am Beet Sugar a. jw 6 700 3.H0 5.4oo 1,2"0 2l0 Am Can pf Am Car & Foun. Am Cotton OH .. Am Hd 4 Lt pf.. Am Ice Securi... Am Linseed Oil.. 69 1 76'4 47 14 17 68 Am Locomotive 67 "4 Cm.ll A T?f 70 50O 101 't 100 do preferred ... H.3MU Ili Am Sugar Ref.... 1.300 131. 13 131 ji Am Tel 4 Tel 3.600 143 142 14-a Am Tobacco pf.. 4o0 102i,g 102 102 Am Woolen 1.300 .19 i S!!- 39 Anaconda. Mln Co. 1,100 494 4N, 49V, Atchison 35.100 119 118 HON rin nrpfrrH 104-u Atl Coast Line ... Bait & Ohio ...... do preferred . . . Bethlehem Steel .. Brook Rap Tran. Canadian Pacific..'. Central Leather... O"" I1 l'i. 183-?t 119!a 93 33 8,100 11S 11S14 1.700 34i 32 80 3.500 80 n'mtn 1871 18S"i 18 4.10O S7!4 36 do preferred Central of N J 100 310 Ches A; Ohio". 20.2O0 80 Chicago & Alton.. 1,60 6914 Chicago Ot West. 1.700 4 109 310 7S"4 68 S16 79 T4 69 4 '4 4 Chicago & N W.. 4.000 1921 188H 191 C, 2d & St Paul :. 4.O00 161 Mi lOOOVj 161 c. c. c a st L. Colo Fuel A Iron.. S.SOO 4714 46 4i Colo A Southern... 900 Db'j 6jH do 1st preferred tin 9.1 nrwfftrred. ..... ..... 81 80 14 Consolidated Gas... 6.400 145 W14. 145 Corn Product ... 1.400 25 -41, j Del A Hudson 2.80O 196 l!fc 19oi D A R Grande ... S.9O0 51'4 60 SO:, do preferred ... l.OoO 86',, 86 86 Distillers' Secuxl.. 600 40 SO's 40 Erie IO.60O 3S'4 3. 38'i do 1st preferred. 2.600 56 Vs 65 56 '4 do 2d preferred. 900 46 45 45!4 General Electric... 2.3O0 172'4 I1014 Gt Northern pf . . Gf Northern Ore. 9i5(K) 154 153 154 13. 8O0 81 81 Tlllnr,!. P.nlni) 4.tH 166& 155 136 Interborough Miet. J.i:, io-rt do preferred ... 2,000 49 481, Inter Harvester .. Io0 S9V 8914 Inter-Marine pf .. 40O 22H 21 Ir.t Paper 2,W0 17 17 Int Pump 100 40'4 40 Iowa Central 1.40 31 81 14 K C Southern ..1 1.2O0 48 4i An r,l-,if,rrOfi 15 49 88 22 17 Mi 40 SI 4714 724 Louisville A Nash 1.700 146 145 14!i Minn A St Louis. l'Ki 55 56 M. St P & S S M. Missouri Pacific. . . 1,2:0 145 14.1 m1 6,700 77 76 Mo. Kan A Texas 12.000 do preferred ... 43 74 43 74 106 9o 62 140 61 95 85 354 82 141 1161 92 53 194 43 74 107 91 62 141 61 96 85 155 32 141 115 91 54 2o0 53 164 39 108 39 77 55 27 67 86 135 National Biscuit National Lead 300 108 12.4"0 91 Mex Nut Ry 1st pf 100 o."4 N Y Central 14.9O0 141 N Y, Ont A West. 700 61 Norfolk A West. S.900 96 North American .. Northern Pacllo. .. Pacific Mall ' Pennsylvania People's Gaa .... P. C C A St L. .. Tressed Steel Car. Pullman I'al Car. 200 85 10.8O0 156 400 32 2I.1O0 142 1,900 1)6 300 92 800 64 700 2 Ry Steel Spring. '0 63 62 Readirg ReDubllc Steel ..102 700 164 163 14.8"0 .19 37 do preferred ... 2,200 H8'4 Rock Island Co.. 22,100 39 107 SH 76 55 28 67 85 134 32 do preferred ... 3.K10 St L S S F 2 pf 500 St L Southwestern l.Soo do preferred ... 600 66 08 86 Sloss-ShelTIelrt 1,400 Southern Paclfio .. 83.4o0 135 do preferred 1.900- 3, Southern Railway. do preferred ... Tenn Conner .... 32 72 40 S6 63 9. 9"0 40 37 54 71 38 36 52 Texas A Paclfio.. 4,100 Tol, St L & West. 8.910 nataflA 3 700 70 1 70 Union Pacific .... 43.9O0 203 2on 202 rln referred ... 4.9"0 1"4"4 i"4 U S Realty .! U S Rubber 1,5 U 8 Steel 100.300 83 83 83 46 45 4tt 74 76 76 do preferred 4,200 127 126 127 Utah Cooper 800 62 61 61 Va-Caro ChemlcaL 2.100 61 60 21 67 6 86 75 50 21 68; 6 88 76 6 56 Wabash 1.600 do preferred ... 8.7O0 Western Md 3.400 Westlnghouse Elec 10.100 Western Union . . . 30 Wheel A L Erie.. 900 Wisconsin Central. 400 Total sales for the day. 22 6S T 89 7 67 Vi 67 799,200 shares. BONDS. NEW YORK. Aug. 6. Closing quotations: U. 8. ref. 2s reg.loON Y C G 3s... 92 do coupon. .. .100 .North Pacific 3s. 74 U. S. 3s rog 101 North Pacific 4s. 102 do coupon. . . .101 U S new 4s reg.116 do coupon. .. .119 D A R G ia.... 97 Union Pacific 4s. 103 WIscon Cent 4s.. 95 Japanese 4s 86 Stock, at London. LONDON. A ug. 6. onsols for money, 84 5-16; do for Amal Copper. Anaconda .... Atchison ..... do pref accoun t. 84. .. 86 .. 10 . . 22 ..107 . .162 ..191 . . 81 .. 3 ..163 . . 15 . . 62 Mo. K. AT 44 N. Y. Central. . .144 Norfolk A West. 98 93 52 72 10 83 32 do pref Bait & Ohio. . Can Pacific. . . Ches A Ohio. . Chi Grt West. C. M. A S. P.. De Beers DAK G do pref lrie ......... do 1st pf . . . do 2d pt... Grand Trunk. Ill central.... L A N Ont A Western. Pennsylvania .. Rand Mines.... Reading Southern Ry... do pref 74 Southern Pacific. 138 Union Pacific. . .206 . . .1" n .. 57. . . 46 ..24 . .159 ..150 do pref. . . . .107 . 16 .181 . 23 . 59 . 95 U. S. Steel.. do pref Wabash .... do pref. . . . Spanish 4s. . Money. Exchange, Etc. NEW YORK. Aug. 6. Money on call, easy, 1j2 per cent; ruling rate, 1 per cent; closing bid, 1 per cent; offered at 1 per cent. Time loans, strong but dull; 60 days, 2 3 per cent; 90 days. 33 per cent; six months, 3 8 per cent. Prime mercantile paper, 84 per cent. Sterling exchange steady, with actual business In bankers' bills at $4.8510134.8520 for 60-day bills and 84.8660 for demand. Commercial bills. $4.8414 64.84. Bar silver. 60 c. Mexican dollars, 44c. Government bonds steaay; railroad bond, firm. SAN FRANCISCO. Aug. 6. Sterling on London. 60 days, $4.85; sterling on Lon don, sight, $4.87. Silver bars. 50c. Mex ican dollars. 45c Drafts, sight. 2c; drafts, telegraph, 6c. LONDON, Aug. . Bar silver-quiet, 23 d per ounce. Money 9 Per cent. The rate of discount In the open market for short bills l(3!l per cent. The rate of discount In the open market for three months' bills Is 1T-161 per cent. Dally Treasury St&teraent. WASHINGTON, Aug. . The condition of the Treasury at the beginning of business today wa a, follow,: Trust funds Gold coin $850. 922, 809 Silver dollars 486.370.000 Silver dollars of 1S90 4. 159.000 Silver certificates outstanding ... $486,870,000 General fund Standard silver dollars. In gen eral fund 6.085,127 Current, liabilities $ 97,542,217 Working balance in Treasury of fices 87,649.910 In banks to credit of the Treas urer of the United States.... 39.244.696 Subsidiary silver coin 6,512.916 Minor coin 2.355.402 Total balance in general fund. . .108,239,757 Dairy Prodnoe In the Eaet. CHICAGO. Aug. 6- Butter Steady! creameries. 22tJ25c: dairies. 20?2.1e, Eggs Receipts. 9590 caes; market, steady at mark, cases Included. 18c; firsts, 21c; prime firsts, 2;",c. Cheese Steady; daisies, 15c; twins, 14 14c; young Americas, 15 c. NEW YORK, Aug. 6. Butter Steady, un changed. Eggs Irregular. Cheese Firmer. New York Cotton Market. NEW YORK, Aug. 6. Cotton Spot closed quiet, 10 points higher. Middling uplands. 12 70c; middling gulf. 1195c. Sales. 7439 bales. Cotton futures closed steady. August. 12 27c; September. 12.20c; October. 12.17c; November. 12.17c; December. 12.22c; Jan uary and February, 12.20c; March and April, 12.22c; May. 12.24c. iMdon Bullion Movement. LONDON. Aug. 8. Bullion amounting to 164.000 was taken into the Bank of Eng land on balance today. PRICE STIlt DROPS Wheat Selling Continues on a Large Scale. CHICAGO MARKET WEAK Favorable Weather Conditions and Bearish Cables Prompt Llqui- dation Bullish Sentiment In the Corn Pit. .CHICAGO, a Aug. 6. Wheat continued Its downward course today, owing to renewed selling by commission houses and discouraged holders, brought out by weak cables and con tinuance of favorable weather conditions for the Spring-sown crop. Sentiment was bearieh all day, although a steadier feeling developed later In consequence of the low temperature. In Western Canada and talk of a moderate ex port demand in the Northwest. September sold, between 99ifJS9 and $1.00. The market closed easy. o below the final figures of the previous day, being at D0c Hot weather complaint, created consider able bullish sentiment In the corn pit and caused a sharp rally in prices. Shorte were active bidder, and a leading cash Interest also bought freely. The market closed strong at the top, with prices up a shade to o. Oats were strong ell day, with the excep tion of a brief period at the opening. The market close firm, with prices up ffc to 380. , . The slump in grain had a weakening effect on provisions at the opening, but the market soon became firm. Prices at the close were 6c lower to 10c higher. The leading futures ranged a, follows: WHEAT. Sept ?.H StV.v:::: JIS rSiS "? CORN. Sept 62 M .J5J6 Leo .61 .53 4 -"J? OATS. MESS PORK. EeDt 20.40 20.55 20.45 JaS......: 16.7 I6.6O 16.a7 LARD. 10.46 16.47 11.80 11.37 11.27 11.25 11.82 11.20 SHORT RIBS. 11.05 ll.U 11-05 i n ia m tn 10.70 11.82 11.27 Sept. . . Oct. ... 11.07 10.72 Sept Oct. Cash "quotation wer follow!: Flour weais. ' Rye No. 2. 707Rc. ' Tiarlev Feed or mixing, 501 64c; fair to choice malting. 62-66c Flax seed No. 1 South western, Jl.SS; No. 1 Northwestern, $1.45. Timothy seed $3.80. Clover J11.-60. , Pork Mess, per barrel, $20.65Tr20.0. Lard Per 100 pounds, $11.82. Short ribs SideB (loose). Hl-061.1;5;- Sidejj Short, clear (ioxed), $11,609 11.62. Grain statistics: Total clearances of wheat and flour wers equal to 334,000 buehels. Exports for the week, as shown by Bradstreefs, were equal to 1,535,000 bushels. Primary receipts were 986,000 -bushels, compared with 926,000 bush- .le ha MFriinrlii(1tne' ii M.V R vear B.KO. tt.Ft.i- mtM rv.eiDts for tomorrow: Wheat, 237 cars; corn. 173 cars; oats, 187 10,000 head. cars; hogs. Shipments. 12,800 42.300 111,700 131.000 1,000 6,900 K-eceipts. .... 24,500 ....813,800 ....162,700 ... .220.100 .... 3,500 .... 15,000 Flour, barrels. . Wheat, bushels. Corn, bushels... Oats, bushels. . . Rye, bushels. . . Barley, bushels. Grain and Produce at New York. NEW YORK, Aug. 6. Flour Receipts, 15,700 barrels; exports, 024. Market easier with a quiet local trade. Minnesota patents, $.".90 6.2o; Winter straights, $55.05; Min nesota bakers, $5.155.50; Winter extras, S-4..'iQ'i?4.90; Winter patents, $5.40 5.70; Witner low grades. $4.404.80; Kansas Straights, S5.055.20. Wheat Receipts, 68,600 bushels. Spot, barely steady. No. 2 red. new, $1.11, domes tic elevator; No. 2 red, new, $1.13. prompt f. o. b. afloat; No. 1 Northern Duluth, old, $1.38, normal f. o. b. afloat; No. 2 hard Winter. $1.11, new nominal f. o. b. afloat. Bulls in wheat were further demoralized today by very weak cables, fair receipts and bearish news of the Spring wheat crop Prices dropped to new ' low levels for the week, but rallied later on an estimate of reduced Northwest yields, owing to rust, closing at H to c net lower. September closed at $1.08; December, $1.06 1. 06, closed $106; May closed $1.07. Hops Firm. Hides Steady; Bogota, 2223c. Wool Steady. Petrol eum S tead y. Grain at Baa Fran ei so. SAN FRANCISCO, Aug. 6. Wheat and barley easy. Spot quotations: Wheat Shipping, 1.97 62; milling, $2. Barley Feed, $1.40L42; brewing, $1.45 1.47. Oats Red, $1.80 1.90; white, nominal; black, nominal. Call-board sales: "Wheat No trading. Barley May. $1.47 1.47 ; December, $1-42.. Corn Large yellow, $1.75 1-85. i European Grain Market. LIVERPOOL, Aug. Q. Wheat September, 6s ld; December, 7s 7d; March, 7s 7d. Weather, fine. English country markets, quiet; French country markets, quieter. Wheat at Seattle. SEATTLE, Aug. 6- No milling quotations. Export wheat: Bluestem, September, $1.01; club. 97c; red, 7c Receipts: Wheat, 2 cars; barley, 1 car; corn, 1 car. Wheat at Tacoma. TACOMA, Aug. 6- Wheat Bluestem. September, $1.00; club, 06c; red, 9Cc. PORTLAND LIVESTOCK MARKET. Prices Quoted Locally on Cattle, Sheep and Uoga. Receipts of livestock were moderate yes terday. Not many hogs came in, yet the market was weak, as a considerable number were carried over from the preceding day, and the quality was also against them. The top price quoted by - the dealers was 8H cents. Complaint- was also made of the quality of the cattle now coming in and 4 cents -was quoted as the beat price at which any steers could be moved. Sheep were about steady. Receipts for the day were 200 cattle, 41S sheep and 61 hogs. Local prices quoted yesterday were as fol lows: CATTLE Steers, top, 4.n0; fair to good, $-ifg4.26; common, 3.75&4; cows, top, S3. 50; fair to good, $33.25; common to me dium, $2.50ji2.75; calves, top, $55.50; heavy, $3-50 4; bulls and stags, $2.75 3.75; Spring lambs, fo.26fi?5.50. SHEKP Top wethers, $4.25; fair to good, $3.503.75; ewes, c less on all grades; yearlings, best, $4; fair to good, $S.50$i 3.75 ; Spring lambs, $5.25 u 5.50. HOGS Best, $8.75; fair to good. $8-$ 8. SO; stockers, $67; China fats, $6.7S7. Eastern Livestock-Markets. CHICAGO, Aus. 6. Cattle Receipt, esti mated. 1800; market, strong. Breves, $4.4 7.50; Texas steers, $45. 5; Western steers, $4: storkers and' feeders. $3fT'5.in; cows and heifers, $2. 30-3 6. 30; calves, $5. 50fi 8. Hogs Receipts, estimated. 11.000; market, steady. Light. $7.6n8.10; mixed, $7.458.15; heavy, $7.&;8.20; rough, $7.307.50; good to choice heavy. $7.5S8.20; pigs, $77.90; bulk of sales, $7.65tfiS.G5. grr.eep Receipts, estimated, 11.000; market, weak. Native. $3-56.15; Western. $35.10; yearlings, $4.70-fi:.7;.: lambs, native, $4,503 7.70; Western. $4.5ii?7.60. OMAHA, Aug. 6. CattPe Receipts, 3000 head; market, steady Native steers. $4.50 7 25; cows and heifers, $3?5.25; Western steers-. $3.505.50; range cows and heifers, $2.754.25: atookers and feeders, $3.766.10; calves, $;ii6.75. - Hogs Receipts, 4400 head; market, eteady to stronger. Heavy. $7.507.80; mixed, $7.55 07.60; light. $7.707.80; pigs, $ti.25S7.25; buik of saies $7.50'i7.G5. Sheep Receipts. &0O head; market, steady. 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. 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 insure against cracks, disintegration and costly repairs. It assures a sanitary and durable street. It assures conscientious workmanship and best materials. It assures perfect satisfaction. - BITULITHIO INSURANCE IS SAFEST AND SUREST. WARREN CONSTRUCTION COMPANY 317 BECK BUILDING, PORTLAND, OR. Yarlir.BS. 4.75G.B0: wters, $4-T5; era, t3.75g"4-50; lambs. $6.608 . KANSAS CITY. Aug. 6 Cattle Receipt J 4000: market, Bteady. Native ateera 4.J.1 7.50; native cows and heifer 2 ,257: .look ers and feeder. S8.a6: bull f-W-M: calVM, 3.606'i; -Vestern steers, 4'86.2o; Western cows. $2.7S'S4.50. , Hogs Recelrts. 4O0o head: market, strong. Heavy 7.!(i!7.fl0; packers and butchers. Ii.iO sfwVK57.5fS?.80; pig.. 6.5ft'fS.(i0 " sheep Receipts. 3000 head: market, eteady Muttrms $4T lambs. r.5ng7.25; wethen, 3.75ffi5.25; range ewes, j3W. lULDlFHGGffiiCE ATTEMPT IS MADE TO ADVANCE SEATTLE MARKET. But Majority of Dealers Are Afraid Trade Would Be , Thrown to Eastern Stock. SEATTLE, Wash., Aug. 8. rSpeclal.) Eggs were firm on Western avenue today. An effort was made again on the dairy pro duce exchange this morning to put the price to 3037 cents, but the majority of the wholesalers were opposed to the plan. A similar attempt was made to put the price up yesterday, but tailed. Dealers declara that an advance In the prloe of local eggs at present would throw the trade to Easterns and cause local to accumulate. A few small sales were made on the grain exchange today at $1 for bluestem. Ninety cents In the country seems to be the gen eral asking price now. Oats have stiffened up and barley Is strong. Poultry was In heavy supply today, but cleaned up In pretty good shape. Dealers do not expect to carry over any stocks to morrow. . . Peaches dragged. Apples have declined so that $1 Is about the top. CHANGES IS MTSTA1V MARKETS., Spot Copper Is Firm and Tin Weak at New York. NEW YORK, Aug. 6. A decline In the London tin market to 1J2 17s 6d for spot and 134 7s 6d for Autumn trade was fol lowed by an easier tone in the local mar ket today, but no sales were reported, with spot closing easy at 29.20(519. 45c. The market for Standard Copper on the New York Metal Exchange was quiet, sale being confined to 25 tons for December de livery at 13c. Standard spot was reported firm at 12.50i'12.75c. Closing prices for various deliveries follow: August. 12. T2H?r. Bonds Investments CALL OR WRITE T. S. McGRATH lumber Exchange, PORTXAAD, OREGON. 12 80c; September, 12.80lSc; October, 12.87V4 13c; November, 12.80gllc; Decem ber, 13 13.05c Local dealers were quot ing lake copper at 13.12 18.50c; -electrolytic. 12.76 13.12 He; easting, 13.62 H 12.90c. The London copper market was a shade lower with spot quoted at 58 10s and futures at 59 7s 6d. Lead was steady at 4.35 4. 10c for New York and 4.104.20c for St. Loufs delivery. The metal exchange reported sales of 300, 000 pounds In August at 4.30c. The Lon don lead market was lower at 12 7s 6d. Spelter was unchanged at 22 In London. The local spelter market was firm, with New York spot quoted at 6.&0K.67Ho and Eastern delivery, 6.47 Vi 5.67 c. The English iron market was unchanged at 49s 7Vad for Cleveland 'warrants. No change was reported In Iron locally. Dried Fruits at New York. NEW YORK, Aug. 6. Evaporated apples steady. Fancy, 8&9Hc; choice, 81 2c; prime, 7V7Hc; common to fair, . 8 t 14c A fairly active inquiry Is reported for October shipments of prunes from the Coast. Spot prices range from 2c to llc for California and from 6c to 9c for Oregon fruit. Aprioots quiet. Choice, 10 10 14c; extra oho ice, 10$fl0o; fancy, ll(13o. Peaches Arm. Choice, 66V4c; extra choice, 66c; fancy, 78e. Raisin (fulet. Loose muscatel, SVilMc; choice to fancy raisins seeded, 4 6c; Lon don layers. 11.16 (h, 1.20. The world's stock of gold has decreased about one-half tn the last decade, and doubled in the laat quarter of a century. TRAVELERS' GUIDE. ftamburg-Jtmerican. All Modern Safety Devices (Wireless, Etc.) London Paris Hamburg. Kahwin A. V.,Aug. 7IBluecher Aug. 25 Pennsylvania, Aug. llAmerika Aug. 2H P. Linclmnew)Aug. 18! Waldersee Sept. 1 ClncIn'ti(new)Aug. 2llCIeveland(newSept. 4 Hits canton a la uarte .Restaurant. - ITALY via Gibraltar, Naples and Genoa. Calls Azores S. S. HAMBURG, 'Aug. 14, Sept. 30 S. S. MOLTKE, Sept. 9. Oct. 21 Tourlet Dept. for Trips everywhere. Hamburg-American Line. 10 Powell St., Man Krancico, and Local Agents, Portland. HONOLULU BeaU Them All for sailing, surf- and back $1 10, First Class I boating.surf-board naing. seaoatmng. swimming' and aquatic sports; fishing, base ball, tennis, golf, automobiling. Moat at tractive spet 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 A back $260. O. S. 5. Co.. 673 Market St., San Francisco COOS BAY LINE The steamer BREAKWATER leaves port land every WedneMiuy, P. M., from Alas worth dock, for North Uend, alarsuileld aae Coos Bay points. Freight received tlil 4 P. M on day of sailing. Passenger fare, first' class, $10; second-class. $7. Including berth and meals. Inquire city ticket office, Taixe and Washington streets, or Atostvoris, 4eeis. P,ae Main MeV NORTH PACIFIC S.S. CO. For Eureka, San Francisco and Loa Angeles direct. The steamships Roa noke and Elder sail every Tuesday at i P. M. Ticket office 132 Third, near Alder. Phones M. 1314 and A 1314. H. YOUNG, Agent. SAN FRANCISCO PORTLAND B. 8. CO. Only direct steamer and daylight sailing. From Alnsworth Dock. Portland, 9 M. 8.8. Htnte of California. Aug. 7. S.S. Roe C'ty. Aug. 14. 2, ec. From Pier 40, San Frani-lsco. 11 A. M. S.S. Kom (icy, Aug. 7, 28. etc. S.S. Ktate of (slifornin, Aug. 14. J. W Ransom, Dock Agent. Main 208 Alnsworth Dock. M. J. ROCHE, City Ticket Agent, 14S Sd St, Phone Main 402. A 1402. -