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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Aug. 18, 1909)
4 TOE 3IORXDG OREGOyiAX, WEDNESDAY, AUGUST 13. 1909. 15 MPORTS OF WOOL Big Business Done Last Year in Foreign Clips. ALMOST THE RECORD On-Third of the Product Coimumcd in the United States Is Grown In Foreign Countries Oregon Hop Crop Is Expanding. Woo Importations Into the United 6tate In th. fiscal year Just ended exceeded those of any earlier year except ISflT. when abnormal import at lone were male In view of the pros pective transfer of "wool from the free to the dutiable lLat. The total quantity of wool Imported In the fiscal year lurl ended wu 946.S0O.OCO pounds, against 1:6.000.000 in 19C8. 203.000.0CO In H9.0O0.0OO In 1905 and 8il.000.000 In 1887. About one-third of the wool consumed In the United State U Imported, the remaining-two-thirds, speaking; in general terms, belnf produced at home. Flfrure Juat complied ly the bureau of statistics of the Department of Commmaroe and Labor show that the quantity of wool Imported Into the United Etatea In the decade ending with the fiscal year 1908 waa 1.824.000.000 pounda, of which .bout 40.000.000 pounda waa re-exported. The quantity produced In the United S la tea during the ten years ending with the calendar year 1908 waa Z963.00O.00O pounda, of which about 5. 000. 000 pounds were exported. This snakes the total consumption of wool In. the United States In the decade Just ended about 8.750.000.000 pounda. of which about 38 per cent was Imported and the remainder pro Cured at home. During the Immediately preceding decade that ending with the calendar year 1898 and the fiscal year 1S98-99 the wool Imports ag ar, rated, in round terms. 1.600. 000, 0X pound, and domestic production 2.S30.ono.ono pounds: and deducting the small quantities exported, the consumption of wool In the United States during the decade named Is found to be about 4.4O0.O00.0O0 pounds, of which 35 per cent was of foreign production end the remainder produced In the United States. It thus appears that the average annual consumption of wool In the United States dur ing the decade Just ended waa about 475.000. C pounds, of which a little over one-third waa imported and the remainder produced at home, and that In the Immediately preceding decade the average annuA consumption of wool was 440.000.000 pounds, of which the importations and domeetio production showed, respectively, about the same proportions as In the decade Just ended. The value of the wool Imported Into the United States during the fiscal year Just end ed was, according to figures published by the bureau of statistics. 45.00O,O0O. against t4I.5C0.000 In 1907. 4,2SO.0OO in 1805 and IS3.2SO.OO0 in 187. the year of the highest record of quantities Imported. The stated value of the wool Imported Into the United Elates during the decade ending with the fis cal year 1909 was f213.0O0.O0O, and In the decade ending June 30, 1S99, 360.500.000. Of the wool Imported Into the United Slates during the year Just ended, the United King dom supplied over $19,000,000 worth, or more than 42 per cent of the total; South America about $8,000,000 worth and Asia and Oceania ver il3.0O0.0OO worth. HOP CBOr MAT BR 100.000 J1AX.ES. That the Quality Will Be Superior Is Now Almost Assured. A crop of 1C0.0O0 bales of hops in Oregon this year la a possibility. The dealers have rot got their Ideas up to that figure yet, but they are all Inclined to raise their late esti mates, and a cumber of them concede that the crop of last year, which waa about 93.000 bales, will, be surpassed. The frequent show ers during the Summer months brought the backward vines to about their normal condi tion, while the fruitage Is better now than It was a year ago at this time. The burrs re not only better developed and more even ly distributed, but are heavier In lupulin than they were last year. It fa also likely that a fuller percentage of the crop will be gathered, unless something unfavorable happens at the laet moment. The crop scare, which agitated some of the hopmen a short time ago, has about passed wax. Reports at hand yesterday were that yards which recently were seriously overrun with lice are now almost clean, notwithstand ing the fact that they were not sprayed. The hot sun was responsible for the eradication of vermin In such yard. In other yards, where the vines were sprayed, conditions are re garded as quite satisfactory. Should Oregon have a full crop of hops of good quality. It will be a matter of congratu lation to all concerned, for It Is practically soured bow that high prices will prevail as result of the short crops In Europe. The market at the moment is quiet, as Is ts be expected with the picking season so near at hand. One or two small contracts at 20 cents are the only transactions reported In this state In the past week. TONE OF WHEAT MARKET STEADY. Fair Amount of Business Reported by the Local Trade. t Trade la the wheat market yesterday was of good proportions, though It could not be called an active market. A lively trade Is looked for next week, when the best part of threshing will be over In the principal dis tricts. The tone of the market yesterday was out steady and the Impression ts gain ing ground that the bottom of the market has been reached. Bluestem was quoted by most buyers at 83 cents and club at 88 cents, though some of the dealers held that 87 cents eas full value for the latter. Local receipts, in cars, were reported by the Merchants Exchange as follows: Wheat Barley Flour Oats Hay Monday 31 2 1 1 Tuesday 21 4 A 9 Tear auo 42 A .. 2 22 Total last week . . . .64 10 9 14 93 WARM WEATHER SELLS FKt IT FAST. Front Street Finds It Difficult to Get Suf ficient Supply. The warm weather has caused a strong demand for fruits of all kinds and the Front-street dealers find It difficult to get supply sufficient for their needs. Tester day's receipts were sgaln large but every thing that was In good marketable con dition cleaned up. Six cars of watermelons were received and sold about as fast as loaded. The stock of peaches, both Oregon and California, was Inadequate, but better sup. ply Is expected from Ashland today. Craw fords and Elbertas held firm at tl box. There was a good demand for fancy grapes, both Muscats and Tokays, but they were scarce. A good many Malagas wene offer ing and the best brought $1.25, but a large portion of the last car was poor In quality, having been picked in the wet. Black graces wars abundant. The supply of black berries continues light and they held firm at 11.65 3 1-75 per crate. The tomato market is weakening under more liberal receipts, both of local and of "California stock. Good Demand for Poultry. The demand for poultry exceeds the sup ply and prices are ruling very flfm. Chick ens move at 15 to 1( cents. There Is a good demand for strictly fresh eggs at 27" cents, but storage and Eastern eggs are harder to dispose of. Butter and cheese continue firm at un changed quotations. Bank Clearings. Clearings of the Northwestern cities yes terday were as follows: Clearings. Balances. Portland Seattle . Tacoma Spokane 1.4??,417 L'S1.407 2.1S2.SS1 212.SS3 1.045. IT! 75517 9o6.375 200.f28 PORTLAND MARKETS. Grain. Floor. Feed. Etc. WHEAT Track prices: New crop, blue rtera. 93c: cluo. S8c; red Russian, S6H;c; Val ley. oOc: Turkey red. SSc; 40-fold, 89V4c FLOUR Patents, $0.25 per barrel; straight.". $5.30: exports, new. 4.10; Valley. H.ZH; graham. .S.tSO, whole wheat, quarters. p. SO. BARLEY Feed. $25. 50 326; brewing, t2ri.S0 4j27 per :ton. OATS New crop. 27.502S.50 per ton. CORN Whole 3t; cracked. ?7 per ton. MILLSTUFFS Bran. M per ton; mid dlings. 133; shorts. $232: chop. 22j 29; rolled barley, $32.5033.n0. HAT New crop: Timothy. Willamette Valley. 12Sia per ton; Eastern Oregon, 1718; mixed. $15.50 18 50; alfalfa. $13 50; clover. H1913; cheat, $13 314 50. GKA1.V BAGS 5c each. Dairy and Country Produce. BUTTER City creamery, extras, 31 He: fancv outside creamery, 27H&81V4C per pound; store, 2120. (Butter fat prices average lHc per pound under regular but ter prices.) . EGGS Oregon ranch, candled. 27 27 c per dosen. POULTRY Hens. 156 lc: Springs, 1JH lSc; roosters. sftlOc: ducks, young, 4il3c: geese, young. 10 11c; turkeys. 20c; squabs. $1.75 9 2 per dozen. CHEESE Full cream twins. ITQnHe per pound; young Americas, 18f?18c. PORK Fancy, 11 11 Vic per pound. VEAL Extra, V810o per pound. Vegetables and Fruits. FRESH FRUITS Apples, new, $182.25 per box; pears. $1.5'S2 per box; peaches. "Sc5Jl per crata; cantaloupes. $1.50i2.50 per crate; rlums. 35f75c per box; wter melona, WSliC per pound; grapea, .5c $1.40; blackberries. $1.65g.l.75 per crate; casabas. $l.r0$2. per dozen. POTATOES Oregon. 75c (9 U per sack; sweet potatoes. Sc. per pound. SACK VEGETABLES Turnips. $1 1.25 per sack; carrots. $1.2591.50; beets. $1.50. TROPICA L FRUITS Valenclas. $3350; lemons. fancy. $u.507; choice, $588: grapefruit, $3 per box; bananas, 585'-iC fcr pound: pineapples. $1.7a(5'2 par dozen. ONIONS New. 11.25 per sack. VEGETABLES Beans. 4fi5c; cabbage. 1 Crlc per pound: cauliflower. 4oca$l per dozen; oelery, 50c$$l per dozen; corn. 1541 20c per dozen: cucumbers. 1520c per dozen: eftgpiant. ft-fflOc per pound: onions. 124 4?15c per dozen; parsley, 850 per dozen; peas, 7c per pound: peppers. Sft'lOc per pound: radishes. 15c per dozen; spinach. 5c per pound: squash. 6c; tomatoes, 75ccu$l. MILLS HEAVY BUYERS ACTIVE MOVEMENT IV BOSTON WOOL MARKET. Largest Dealings Are in Territory Stock Prices Continue Firm Throughout the List. BOSTON, Aug. 17. The movement to the mills in the local wool market continued ieavy. . with no reoesslon of prices. Tht largest dealings are still in territory stock, although a good demand Is reported in other lines, while' good SAks ere reported In pulled lambs' wool and, the foreign product. The leading quotations follow: Texas Fine, 12 months. 73S7.V: fine, 6 to 8 months, 6if70c: fine Fall. 5SW. California Northern. BSgTOc; middle county, 63ffic; Fall free, 50020. Oregon Eastern No. I staple, 72ff75c: East ern clothing. 6tSc; Valley No. 1. S7.riXo. Territory Fine staple. iSgTRo: fine medium staple, tifi(J72c: fine medium clothing. fi4c6Hc: half-blood. 674Jc; three-eighths-blood, 64 67c: querier-blood, (WQe. Pulle.1 Kxtra. 70tj74c; fine, 63g86c; A su pers, 65$2c. Wool at St. Louis. - PT. LOUIS. Aug. 17. Wool Aug. 17. Steady. Terrltorv and Western mediums, 2 J i2ac; fine mediums. 2224c; fine, 13319c. PORTLAND LIVESTOCK MARKET. Prices Quoted Locally on Cattle, Sheep and Hogs. Livestock receipts yesterday were fairly large and the market was active. Cattle and hogs continued to rule strong under a good demand. A lot of 66 hogs brought 19 per hundred, a better price than has lately been realized, while 'on steers the top of th'j market was $4.60. Sheep dragged, as packers were slow buyers and the qual ity of tle recent arrivals was against their free sale. Receipts for the day were 21$ cattle. 517 sheep and 179 hogs. Late sales at the yards Included: 2 steers, average 1170 lbs., J4.60; 2 steers, average 1175 lbs.. $4.25; 2 steers, average 1175 lbs.. $4; 22 sheep, average 101 lbs.. $4; $4 lambs, average 80 lbs.. $5.50; 6ti hogs, average 242 lbs.. $9; 133 mixed sheep, average 113 lbs., $3.50: 102 sheep, average 111 lbs., $4: 8 cows, average 9-5 lbs.. $.50; 6 steers, average 8.i0 lbs., $3.25; 11 cows, average 927 -lbs.. $L75; 2 hulls, average 1175 lbs.. I:::; 4 steers, average 9S2 lbs., $3.50: 122 lambs, average 75 lbs.. $5.35: 87 sheep, average 102 lbs., $3.60; 12 sheep, average 10S lbs.. $2.60; 3 cows, average 990 lbs., $3.25; 17 steers, average 1211 lbs.. $4.50: 52 steers, average 1076 lbs.. $4. $5; 1 calf. 425 lbs.. $4: 25 stors, average 1171 lbs.. $4.50; 4 bulls, average 1156 lbs., $2.50; $ cows, aver age 912 lbs.. 13.50; 1 steer. 1075 lbs., $4.60; 31 calves, average 186 lbs.. $5; 16 hogs, average 175 lbs., $8.76: 137 sheep, aver age 109 lbs.. $3.50: 107 stock hogs. 131 lbs., $7.75: 28 steers, average 1057 lbs., $4.25. l,ocal prices quobed yesterday were as fol lows: CATTLE Steers, top. tt.oO 4.60; fair to good. $4$4.25; common. $3.74; cows, top, $.t-60Sj 3 05; fair to good. $363.25; com mon to medium. $2.50-5 2.75: calves, top, $5 5.50; heavy, $3.50$ 4: bulls and stags, $2. 7593. 25: common. $22.25. SHEEP Top wethers, $4; fair to good, $3.fiO',a'3.75: ewes, Sc less on all grades; year lings, best, $4: fair to good, $3.604;3.ft; Spring lambs. $5.2.v5.SO. HOOS Best, $S 769; fair to good. $8 8.50; atockers. $6$j7; China fata, $6.75&7. Eastern Livestock Market. CHICAGO, Aug. 17. Cattle Receipts es timated at 4oi; market strone. Beeves. $4.40?t7 5fi; Texas steers. $4 .ri..".0; Wectern steers. $lfi6.30; stockers and feeders, $3.15 95 2V cows snd heifers. $2 25 o 6.40: calves. $5509 8.50 Hogs Receipts estimated at flOOO; mar ket strong. Light. $7.5VJt 8.05; mixed. $7 35 HiS O."); heavy. $7.10 S.05: rough, $7.1(1' 7.35: good to choice heavy. $7.:i5'8 05; pigs. &3S7.W: - bulk of sales, $7 507 05. Sheep Receipts estimated at 25.O00; mar ket weak. Native. 2.9"7 3: yearlings. $4.50 5.50: native lambs. $4 253 7.7o; Western, $4.50CT.S0. OMAHA. Aug. 17. Cattle Receipts, .100; market steady to stronger Western steers, 35.75; range cows and heifers. $2,759 4.25; canners. $23 2.85; stockers and feed ers, $3.75 5.2.".: calves. $3.753 0.75: bulls and stags. $2.75'94 75. Hogs Receipts. 4400; market lrte higher. Mlxd. $7.0oa 7.75: light, 7..TS-7.nO; pigs. $6 25 7.25; bulk of sales, $7.00'y 7.80 Sheep Receiots 10.O00: market steady. Tearlines. $40'3'5 30; wethers. $4fl4.5U: ewes. $3.506 4.30; lambs. $0.75S7.25 KANSAS CITT. Aug. 17. Cattle Re ceipts 15.000: market steady to strong. Na tive steers. $4.507.40: native cows. $2.25 H 2.50; stockers and feeders. $3ro.50; bulls, S2 75 ? 3.75: Western steers. $4.253 6.25; Western cows. $2 5017 4.40. Hogs Receipts Kooo; market Re higher. Bulk of sales, $rt.7'"f 7.00; packers and butchers. $7.7097.90; light. $7.507.85: pigs. $8 7.40. ttheep Receipts 8000: market 10c lower. Muttons. $4 2535.2n: lambs. $11.507.75: rnnne wethers. $4&5.25: range ewes, $3,253? 8.50. Coffee and Sug-ar. NEW YORK, Aug. 17. Coffee futures closed net unchsnged to 5 points lower. Sales. 8.VM bags! Spot Rio No. 7. 7'l)74c; No 4 Santos. 84'ufc. Sngar-r-Raw. firm: fair refining. 3.589 3.81c: centrifugal. .96 test, 4 084. 11c; mo lasses sugar. S.33C3 36C Refined, steady; crushed, 5.05c; powdored. s-Ooc; granulated. LATE STOCK" RALLY- Buying Movement in Union Pacific Starts Upward. AFTER A LOWER OPENING JIumprs Health Traffic Regarding Harriman's Enormous Railroad Is Predicted Money Market Rather Strong. NEW YORK. Aug. 17. Th reactionary tendency manifested by the stock market yesterday became more pronounced today with -early declines In a majority of the standard Issues. There was a recurrence of rumors regarding the health of E. H. Har rlman and the long continued drouth In the Nebraska corn belt excited some apprehen sion. There was a series of bear attacks which converged largely around the Harriman Is sues. The only prominent stocks to display steadiness were New Tork Central and Atchison. There was a general late recovery which had its Inception in a fresh buying move ment In Union Pacific, The balance of the active list moved along in sympathy, ths net result being gains which ranged from fractions In the Harriman issues to 3 points In Chicago Northwestern and a point or more In Atchison, New York Central and the Steel Issues. There was a statement from a represen tative of the Interstate Commerce Commis sion predicting a revival of the enormous railroad traffic of 190 7. Iu international banking circles there was talk of a resumption of gold export to Argentina. The money market was strong with Indications of a stiffening of prices. Call loans were again made at 2 per cent, but this was the maximum figure. Bonds were irregular. Total sates, par value. $3,880,000. United States bonds were unchanged on call. CLOSING STOCK QUOTATIONS. Closing Sales. High. Low. Bid. Allis Chalmers pf. 10 53ii 53tj 53 Amal Copper 24.7X M'i 85 SflH Am Agricultural .. 4O0 48!, 4S"4 4!' Am' Beet Sugar .. 2,"0 45 444 Am Can pf 1.300 84 S4 fc4V Am Cir & Foun. 3,500 87 65 8'i Am Cotton Oil .. 200 74 73 73 Am Hd A Lt pf. O'O 60 4M, 50 Am lea Securl... 4,3t0 35 32 34 Am Linseed Oil 1 Am Locomotive... 3.200 65ls 63 6iVt Am Smelt & Rer. 23.400 102 10OV4 1H do preferred ... 7"0 1154 114 115 Am Sugar Ref.... 400 1U2 131 131 hi Am Tel A Tel J.SoO 141T4 1407s 141 Am Tobacco pf 101 Va Am Woolen 4O0 3S 37 38 Anaconda Mln Co. 2.5"0 49 48 49 Atchison 61.700 12.J 1185s 1201 do preferred 105 Atl Coast Line ... 400 13SV4 138 13 Bait & Ohio 6,500 118 117 118 do preferred 93 Bethlehem Steel .. 200 32 31 82 Brook Rap Tran. 1.4K 7 7S 7S)Va Canadian Pacific... 500 185 1S5 15 Central Leather ... 3,700 39 38 39 do preferred ... 1U0 10914 109 14 Central of N J 315 Ches A Ohio 14,200 82 81H 82 Vs Chicago & Alton 60 Chicago Gt West. 4.300 . 8 2 2?, Chicago & N W.. 3.60 19SH 1044 198 C, M A St Paul.. 22.0VO 160 168 159 C, C, C i St L 70 Colo Fuel Iron.. 6.000 . 45 4 44 434 Colo Sc Southern... ItH) 54 4 64 4 64 4 do 1st preferred. 100 82 82 81 do 2d preferred 8o"t Consolidated Gas .. 4.600 18 144 1454 Corn Product ... 2.100 23 23 23 Del & Hudson ... 7o0 195 194 154 D A R Grande ... 3,"0O 50 484 4U do preferred ... 200 87 4 ei 4 ' 4 Distillers' Securt. . .. Erie 9.0M0 37 364 do lpt preferred. 2.100 5o4 644 . do 2d preferred. ,V 44 4 43t 43 General Electric... Sou 1694 lt!8 1684 Gt Northern pf ... 12.700 1564 154 154 Gt Northern Ore.. 8.7(4) 80 84 854 Illinois Central ... 6.4O0 11 157ft Intenborough Met. 2,eoo 144 14 14 do preferred ... 1,000 47 4 48 47 Inter Han-ester .. 6(4) 8S 88 88 Inter-Marine pf .. 100 22 21 214 Int Paiwr 1,000 18 174 1"4 Int Pump ' 8!4 414 40 41 Iowa Central .... 7K 31 31 31 K C Southern ... 8.500 48 . 47 4 48 do preferred ... 1.400 74 73 74 Louisville & Nash 3.3t 159 157 158 Minn & St Louis. 1CX 64 64 64 . M. St P si S 8 M. 100 144 144 144 Missouri Paclflc... 2,800 75 74 74 klo. Kan Texas 4,310 42 41 414 do preferred ... 100 73 73 74 National Biscuit 1064 National Lead ... 6,400 2 914 92 Mex Nat Ry 1st pf fx0 53 62 52 N Y Central 61.400 147 146 146 N Y, Ont A West. 1.6o0 60 49H 49 Norfolk ft West. 2.0(K 95 94 94 North American... l.M0 83 83 83 Northern Pacific... 15,200 158 156 15S Pacific Mall 814 Pennsylvania 20.7oO 142 141 142 People's Gas 8.S0O 1174 117 118 P, C C & St L 91 Pressed Steel Car. 1,500 50 49 f.o r.v Steel Spring.. 700 49 48 4! Riadtng 150.5OO 165 13 164 Republic Steel ... 1.9'0 3- 38 3S do preferred ... l. 107 105 106 Rock Inland Co... 20.800 41 39 40 do preferred ... 2,9 80 78 79 St L S P 2 pf. 90 65 85 66 9t L Southwetaern 100 26 6 2it do preferred ... W 74 6 6 Sloes-Sheffield .... 000 S54 84 85 Southern Psclflc ..102.400 137 135 137 Southern Railway. 2.5I 32 32 32 do preferred ... 1.2IO 73 72 72 Tenn Copper 40 39 38 3s Texas & Pacific.. ,7"0 36 35 36 Tol. St L A West. l.OoO 624 61 61 4 do preferred ... 3oO 71 71 70 Union Pacific 182.400 215 210 214 do preferred ... 20.700 113 U04 1124 U S Realty 2O0 83 82 82 TJ S Rubber 10.300 53 60 63 U 8 Steel ..181.600 78 76 77 do preferred ... 4.oo 126 125 126 Utah Copper 1,200 62 4 62 62 Va-Caro Chemical. 1,300 49 48 48 Wabash 800 21 20 2l do preferred ... 8,000 66 64 55 Western Md 6"0 6 5 5 Westinghouae Eleo 800 86 85 85 Western Union ... 600 73 73 T3 Wheel A L Brie.. 7 Wisconsin Central. 100 56 56 67 Total sales for the day. 1,112,100 shares. BONDS. NEW YORK. Ang. 17. Closing quotations: TJ S Ref 2 reg. 100 do coupon ...100 TJ S Ss reg.. ..101 do coupon ...101 TJ S New 4s reg. 118 do coupon ...118 D A R G 4s 97 NYC gen 3s. 93 N P 3s 74 4 do 4S 103 U P 4s 1034 Wis Ben 4S. bid. 93 Japan 4s, asked. 88 London Stock Market. LONDON. Aug. 17 Closing quotations: Consols for money, 84 6-18; consols for ae count. 84. Amal Copper. . Anaconda . : . . 88 M K A T 43 10 N Y Central 1504 Atchison .......122 do pfd ...... .107 4 B A O 1214 Can Pac 190 Chspke & Ohio. 84 4 Norfolk A W... 97 4 do pfd ,. 91 Ontario A W... 41 Pennsylvania ... 73 Rand Mines .... 9 Chi G v.... C. M A St P. De Beers D A R G... do pfd .... Erie do -1st pfd 84 Reading 84 .164 4 Southern Ry ... 33 15 do pfd . 74 .141 .220 .115 . 79 .128 . 22 .. 61 . . 90 Southern Pac. . , Union Pacific , do pfd U S Steel do pfd ...... Wabash 38 564 no 2nd pfd... 4? Grank Trunk ..23 111 Central 164 L A N 103 do pfd 684 Spanish Fours... 95 Isaiiy Treasury Statement. WASHINGTON. Aug. 17. The condition of the Treasury at the beginning of business today sal as follows: , TruBt funds - Gold coin $854.879.8! Silver dollars 486.871.000 Silver dollars of 1890 t 4.141.OO0 Sliver certificates outstanding.... 486.871. 000 General fund Standard sliver dollars in general fund -5,173.4S Current liabilities 99.813,751 Working balance In Treasury of- flees 33.381,573 In hanks to credit of Treasurer of the United States 38.819.943 Subsidiary. silver coin 26.161. 1R9 Minor coins 2.120.248 Total balance In general fund. $102,480,291 Money Exchange, Etc. BAN JTtANCJSCO, Aug. IT. Sterling on London, 60' days. $4.85; eight, $4.86. Silver bars. 51c. Mexican dollars. 45c. Drafts Sight, 2c; telegraph. 5c LONDON'. Aug. 17. Bar silver, quiet at 23 9-16d per ounce. Money. 4G? per cent. The rate of discount in the open market for short bills is ltfl per cent; for three months' bills, 1 3-16's?14 per cent. NEW YORK. Aug. 17. Prime mercantile paper, 484 per cent; sterling exohange. steady, with actual business in bankers" bills at $4.850504.8515 for 80-day bills and at $4.88 for demand; commercial bilks, $4,844. Bar silver. 61 c. Mexican dollars, 44c. . Bonds Steady. Money on call, steady at 224 per cent: ruling rate. 2 per ceat: closing bid, 2 per rent; offered at 2 per cent. Time loans, very strong: 80 days 3 per cent; 90 days, 33 per cent; 6 months, 4 per cent. Eastern Mining; Stoek. BOSTON, Aug. 17. Closing quotations Adventure 7 Allouex 46 Amalgamated . . 88 Arii Com 44 Nevada 24 Old Dominion . . 56 Osceola 144 Parrot 33 Atlantic 10 Qulncy 9Z Butte Coalition. 25 4 Shannon 116 Cal ft Ariz 106 Tamarack i0 Cal A Hecla OSO Trinity 134 Centennial 35 United Copper ..110 Copper R 83 US Mining 54 Daly-West 84 C S Oil 36 Franklin 104'rtah 45 Greene-Can 0Vlctorla 44 Isle Rovale 28 IWInona 8 Mass Mining .. 8 Wolverine 188 Mont C A C 35 North Putta .... 57 WILL mm FLOUR SORTHERX MILLS ARE ABOUT READY TO RESUME.. Fair-Sized Export Orders Booked. Strong Demand for Fruit. Butter Is Firm. . SEATTLE, Wash.. Aug. IT. (Special.) Flour mills in Seattle and mills in Eastern Washington will be In full operation by Sep tember 1. The Centennial Mill Company will start ito Ritzville mill tomorrow. Its Tacoma mills next Monday and the Seattle mill August 30. The Hammond mill here commenced grind ing in a small way Monday. Wheat receipts to date have been too light to Justify grinding. Millers have not made up their minds whether to bleach for the home trade or not. Several firms, however, will bleach for the export tratie'. Some fair-sized orders for export flour on a basis of $4.10 have been booked. The season has opened much better than A year ago. Twelve -carloads .of watermelons received hero yesterday and this morning were all cleaned up tonight. Some stock today sold as high as 2 cents, although 1C was the general price. . Grapes are lower, with $2 about the top on the fanciest varieties. Owing to heavy supplies of potatoes, prices have dropped to a cent a pound. Cants sold generally today at $2. The qual ity of the receipts is better and the -demand Is improving. Peaches are arriving too green. Butter was firm today. Eggs were easier on heavier receipts. Considerable uneasiness is felt in Jobbing circles over the delay In putting out salmon prices, since the pack Is now pretty well de termined. QUOTATIONS AT SAN FRANCISCO, Price Paid for Froduce In the Bay City Markett SAN FRANCISCO, Aug. 17. The follow ing prices were quoted in the produca mar- keMll?sturt's Bran. $28.5030; middlings. $36.50(637.50. .50(637.50. .- egetables Hothouse cucumbers, 35boc; ng beans, l3c; tomatoes, 75c$1.25; lie, 34&5c; green peas, 75c$1.60; egg- Ve strln ttarli tilant. HQfclac. Butter Fancy creamery, 30c; creamery seconds, 2840; fancy dairy, 26 c Poultry Roosters, old, $4.50 & 5; young. $8.5010; broilers. small. $2. 50 3 00, large, $3.25(3.50; fryers. $5.50 & 8.50 ; hens, $4.509; ducks, old. $5u:6; young, $63. Eggs Store, 33 4c; fancy ranch, 36 4c. Cheese New, 15 'if 18c; young Americas. 15 4 16c. Hay Wheat. $15918.50; wheat and oats, $13J.17; alfalfa. $10(913; stock, $810; bar ley, $10613 "J ; straw, per bale, 5075c. Fruits Apples, choice, $1.50; common. 30c; bananas. 75c6$2.50; limes, $56; lemons, choice. $4; commons, $1.50; pine apples. $1.5O2.S0. Hops Contracts. 1908, 18 21c Potatoes Sweet, J-' 40 2. SO. Receipts Flour, 2148 sacks; wheat. 8140 centals; barley, 41C0 centals; oats, 335 cen tals; beans, 1000 sacks: potatoes, 6220 sacks; bran, 180 sacks; middlings, 100 sacks; bay, $30 tons. Metnl Markets. NEV YORK, Aug. 17 The tin market was firm In tone with sales reported of five tons of August delivery at 21.90c and Ave tons spot on deck, 29.90c. Closing Quota tions: Spot and Aug., 29.903Oc; Oct., 30 80.10c; Dec, 30& 30.25c. The London mar ket closed steady, with spot quoted at 135 15s, and futures at 137, sales being re ported of 170 tons spot and 330 tons futures. The market for standard copper" on the Metal Exchange was quiet and no sales re ported. Closing quotations: Spot. Aug. and Sept., 12.65 12.90c: Oct.. Nov. and Dec 12 75 13c. The London market closed quiet, with spot at 59 7s 8d and futures at f0 7s 8d. Ihere were sales of 300 tons spot and 800 tons futures. ' Local dealers quoted lake at 13.124 13.37 4c;, electrolytic, 13 13.124c; casting. 12.75 12.87 4c. Lead was. quiet but steady, with spot closing at 4.37 414.450. New York, and 4. 23 4 35c. East St. Louis delivery. The English market closed at 12 lis Sd. Spelter closed firm, with spot quoted at 5.651? 5.85c, New York, and 5.05 5.90. East St. Louis delivery. The London market was unchanged. The English iron market was higher, at 60s 4 4d for Cleveland warrants. Locally, nof change was reported. Dried Fruit at Xew Tork. NEW YORK. Aug. 17. Evaporated apples, unchanged; fancy 8(S,94C. choice. 884c; prime 77c; common to fair, 58c. Prunes, dull; California, 24lttc; Ore gon, 6 9c Apricots, firm; choice, 1010c; extra, choice, 1014c; fancy, 11&18C Peaches, firm on the Coast, but no change Is reported In the local spot market Choice, 66o; extra choice, 68c; fancy, 7 a 4 c. Raisins, quiet and unchanged, loose mus catels. 344c; choice to fancy raisins, seeded. 464c; seedless, 35o; Lon don layers. $1.15 1.20. Dairy Produce in the East. CHICAGO, Aug. 17. Butter Firm. Creameries. 23264c: dairies. 20 23 4c. Rett Receipts. 924S; steady at mark, cases Included. 1820c; firsts. 20 4c; prime "'cheese Strong. 16415c: twins, 14 144c; Young Americas. 1516c. NEW YORK, Aug. 17. Butter, firm. Creamery thirds to firsts. 23i26c Cheese Steady. unchanged Eggs Easy, unchanged. New York Cotton Market. NEW TORft. Aug. 17. Cotton futures closed strong. Closing bids: August. 12.35e; September, 12.30c; October, November and December. 12.2Sc: January, 12.26c; Febru ary, 12.25c; March and April, 13.27o; May, 12 2Sc Spot cotton, quiet, 7 points higher. Mid dlings uplands. 12.80c; do. Gulf, 13.05c. Sales, 300 bales. STANDISH BUYS SAWMILL Portland Man -Makes Investment on Coos Bay. WARSHFIELD, Or., Aug. 17. (Spe cial.) The mill of the North Bend Lumber Company, at North Bend, has been sold to W. E. Best, of Seattle, and Frank Standlsh, of Portland. The pur chasers have 'bought the stock of sev eral of those interested and part of the stock of L. J. Simpson. 'Mr. Beat has taken charge as manager. The mill has a cutting capacity of about 70.000 feet a day. . It is understood that the intention is to double the capacity of the mill as soon as the lumber market improves. DAMAGED BY RAIN Dakota Wheat Crop Reported j to Have Suffered. CAUSES RALLY AT CHICAGO Tone Most of the Day Is Weak Be cause of Lower Prices for Cash Grain Slump in Corn. CHICAGO. Aug. 17. The wheat market opened weak with prices unchanged to c lower, owing to a decline of 4 to Id at LiverpooL During the greater part of the day sentiment was Inclined to the bear side of the market but in the final hour a firmer feeling developed because of the con firmation of the reports of wet weather damage to wheat in the Northwestern part of North Dakota. A stump In corn and an easier tone in the market for the cash grain were additional factors that promoted sell ing. Trade In general was of light volume. The close was steady with prices a shads to 4o higher compared with the previous day. An official forecast of unsettled weather over the greater part of the corn belt in spired liberal realizing in the corn market, resulting in declines of approximately lo in the price of all deliveries. Ths market closed weak with September at the bottom and the future options only a trifle above the low mark. Oats were inclined to be weak nearly all day. The close was easy with prices a shade to 6c lower than yesterday's last quotations. Provisions showed considerable strength. At the close, prices were 10c lower 'to 80c higher, the latter advance being in Septem ber pork. Ths leading futures ranged as follows: WHEAT. Open. High. Low. Close. Sept $ .994 $1.00 $ .99 $ .99 Deo 964 -96 .96 .96 May 1.00 1.00 .99 1.00 CORN. Sept 66 .66 .65 .65 Deo .. .56 .66 .65 .554 May 57 .57 .66 .66 OATS. Deo...... .88 8S .87 .38 May...... .404 '.40 .40 .40 Sept 88 4 -38 .38 .38 MESS PORK. Sept. 20.80 21.60 20.80 21.50 Jan 17.40 17.40 17.28 17.30 LARD. Sept 11.574 11 70 11.524 11-70 Oct 11.524 16.65 11.474 16.66 Nov 11.20 11.22 4 11 10 11 20 Jan 10.27 4 10.274 10.024 10.20 SHORT RIBS. Sept...... 11.30 11.45 11.30 1L40 Oct 11.05 11.174 11 00 11.12 Jan 9.25 9.274 9.224 9.20 Cash quotations were as follows: Flour Firm. Barley Feed or mixing. 4853c; fair to choice malting. 5764c Flax seed No. 1 Southwestern, $1.85; No. 1 Northwestern, $1.45. Timothy seed $13.80. Clover $11.70. Pork 51 ess, per barrel, $21.4521.S0. . Lard Per 100 pounds, $11.76. . Short ribs Sides (loose), $11.30911.45. Sides Short, clear (boxed), $11.62 11.75. Grain statistics: Total clearances of wheat and flour were equal to 182,000 bushels. Primary receipts were 890,000 bushels, compared with 771,000 bushels the corresponding day a year ago. The world's supply, as shown by Brad street's, decreased 114,000 bushels. Esti mated receipts for tomorrow: Wheat, 98 cars: corn. 176 cars; oats, 147 cars; hogs, 22,000 head. Receipts. Shipments. Flour, barrels 18.900 57.900 Wheat, bushels 262,800 297,900 Corn, bushels 294.300 341.000 Oats, bushels 570.900 617,300 Rye, bushels 6.000 1.000 Barley, bushels 9,000 6,700 Grain and Produce at New York. NEW YORK, Aug. 17. Flour Receipts, 35,442 barrels; exports, 12,718 barrels. Market dull and steady. Winter straights. $4.905.13. new; Winter extras, $4.504.SO, new; Winter low grades, $4.404.70, new. Wheat Receipts, 0800 bushels; spot steady; No. 2 red new, $1.10, nominal, ele vator and $1.11;" No. 1 Northern Duluth. old. $1.41. nominal f. o. b. afloat; No. 2 hard "Winter, new, $1.12, nominal, f. o. b. afloat. The trade In wheat was very quiet today, the market closing c net higher. September closed $1.08; December, $1.05; May, $1.08. Hops and hides Quiet. Wool and Petroleum Quiet. Grain at San Francisco. SAN FRANCISCO, Aug. 17. Wheat Steady. Barley Easy. Spot quotations Wheat Shipping, $1.80 1.85; milling, $1.86. Barley Feed, $1.401.424; brewing, $1.43401.45.' Oats Red, $1.801.0; white, $1.65 1.674: black. $2.602.75. Call board sales Wheat No trading. Barley December, $1.43 (81.43. Corn Large yellow, $1.75&1.S5. European Grain Markets. LONDON, Aug. 17. Cargoes quiet with easier tendency. Walla Walla for shipment, quotations nominal, 89s. English country markets quiet. French country markets quiet. LIVERPOOL, Aug. 17. Wheat, September, 8s td; December, 7s 8d; March, 7s 7 4d. Weather, cloudy; warm. Wheat at Seattle. SEATTLE, Aug. 17. No milling quota tions. W'heat. export, steady; bluestm, 92o; club, 87 88c; red, 88c. No receipts. Wheat at Tacoma. TACOMA, Wash., Aug. 17. Wheat Steady. Bluestem, 98c; club, 8788c; red, Sao. Changes in Available Supplies. NEW YORK, Aug. 17. Special cable and telegraphic advices received by Bradstreets show the following changes In the available supply, aa compared with previous ac counts: Increase. Bushels. Wheat. U. S. east of Rockies '.1,112,000 Canada 174,000 Total, United States and Canada. . 1,288.000 Float for and In Europe 1,400,000 Total American and European sup plies : 114,000 Decrease. Decrease, Bushels. Corn, TJ. E. and Canada... Oats, U. S. and Canada... .... 282,000 .... 108,000 REAL ESTATE TRANSFERS J. J. Dunning to J. P. Hoffman, lota 6, 17, block 44, West Portland 300 Henry Peterson to J. P. Hoffman, lots 6, 17. block 44, West Portland 1 Title Guarantee & Trust Co. to J. R. Truman et al., lots 2, 4. 6, block 8. Lexington Heights 875 'C W. Todd and wife to same, same property 1 W. A. West to same, same property. 1 Tena Saunders to J. R. Whitcomb, lots 2, 4. block 8, Lexington Hts. .. 650 H. E Noble and wife to Katharine Buchegger, lot 15, block 87. Sell wood 300 J. A. York to B. H. Billings, lot 19, block 2, Williams Add 10 Rose City Park Association to Clara E. Janes, lot 12, block 84. Rose City Park 80 J. J. Cole to Thomas Roberts, lot 6. block 10, Miller's Add. to Sellwood 800 J. C. Ainsworth and wife to F. J. Stout. lot Jr2. block B, Oakhurst. .. 450 Hibernla Savings Bank to Tena Baun- hlnpba M a n X 7 1 George Tetlow to Eleanor Baker, lots 0. 10, block 9, Santa Rosa Park Add 230 Title Guarantee & Trust Co. to Knut i . 1 THE UNITED STATES NATIONAL BANK . PORTLAND, OREGON UNITED STATES DEPOSITORY CAPITAL AND SURPLUS, $1,000,000 OFFICERS J. C. AINSW0RTH. President. E. 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 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. , BITULITHIC INSURANCE IS SAFEST AND SUREST. WARREN CONSTRUCTION COMPANY 317 BECK BUILDING, PORTLAND, OR. Swanson, lots 15, 19. block 41, Berkeley Victor Land Co. to Iva E. Brown, lots 4H, 45. block 2, Multnomah Park.. Lena Peterson and husband to Louise B. Kllks et al., lot 3, block 1, Ta bordale Add Christina MacConnell to D. G. Peter son, lots 9, ,10, block 7, Taborslde C B. Turlay and wife to Nettle C. Uerrlck, lot 18, block 9, Miller's Add. to Sellwood Jenny E. Lutzl and husband to Frank Gllniecki. lot 5 and south 40 feet of lot 6, block 2, Madeline O. G. Holmes and wife to William Holz. east 48 feet of southwest quarter of block 78, Caruthers Add. to Caruthers ' .'.",'. Oregon Realty & Trust Co. to H. V. Carpenter et al.. part of lot 2, block "B," Smith's Add F. S. Janes and wife to W. C. Ham mer et al., lot 4, block S, Florence Heights Same to L. A. Helbock et al., lot 5. block 3. Florence Heights - Rose J. Smith to Mary F. Hlgglns. lots 16, 17. 18 and east half of lot 11. block 10, Sunnyside ... Security Savings & Trust Co. to Jo hanna Hibbard, lots 1. 2, block 23, Belle Crest Frances Harriet Zinnlnger and hus band to Rose Whltseth, lot 3. block 6, Maegly Highland R V. Bradford and wife to J. B. Goddard et al., lot 17. block 63. Sellwood Fred Klndorft et al. to B. F. Amend et al.. lots "B" and "D," Crystal Springs Add A. C. Heints to H. O. Taug, lot 5. block 17, Clifford Add. to Alblna.. J J. Harris to A. L. Metcalfe et al., lotB 4. 8, block 6, Terminus Add. to Alblna - Mrs. D. A. Wine and husband to O. M. castleman et al., lots 8, , block 16. North Alblna Merchants Loan i- Trust Co. to Car rie E. Martin, lot 4, block 6. Wil lamette - J. I. Hart and wife to H. A. Eilers. lot 10, block 1, Broadview R. G. Brand and wife to L. D. Jack son., lota 30 to 36 Inclusive, block 2, Walker's Add R C. Herdllska to F. J. Herdliska, lots 1 to 8 Inclusive, block 14, Wil lamette Add - Mrs. Mary Claflln to Laura E". Strohl. lots 4-'. 43. block 8, Mount Tabor Place Add . E. J. Towslee to Mabel F. Towslee, 80x90 feet, commencing at a point In east side line of Union avenue 76.875 feet north of the Intersection of Union avenue Virgil J. Grace et al. to R. P. Gabriel, lots 7. 8. block 24, Willamette Add. Victor Land Co. to R. P. Gabriel, lota 7, 8, block 24. Willamette Add. 33. L. Rlckson and wife to Frank Rice, lots 6, 7. In block 1, In Up ton Park Carl Lalne and wife to Delia Wise, lot 10 and north half of lot 9, block 2, Arleta Park No. 8 O. W. Olson et al.. to C. J. Maher, 128x305 feet, beginning at a point on west line of lot 48 of Newhurst 223 600 10 10 250 1.8.",0 1.025 1,333 1 1 10 1 2,600 100 1,000 650 10 1.500 10 500 4,700 1 1 1 1 1 800 2.400 Bonds Investments CAUL. OR WRITE T.S. McGRATH l umber Exchange, POBTLAJVD, . OREGON. anic Park, 284 feet from northwest cor ner of said lot 210 J. W. Holmes and wife to C. J. John son, lots 3, 4, block 3, Concord Heights 4S0 L. M. Davis et al. to Mabel Kuhn, commencing l"i2 feet north of s. W corner of lot S, block 1. Highland Schoolhouue Addition, thence north 6 Inches, thence west 71 V feet, thence south 6 Inches, thence east 71 H feet to beginning 1 Ida King to J. W. Mitchell. 6 acres of N. W. of S. E. hi of Sec. 34, T. 1 N . R. 2 E 10 Ladd Estate Company to Helen O. O. Hahermann, lot 18. block 3. Westmoreland 641 J. D. Wilcox and wife to I.. H Jones, lot 10. block 13, Mount Tabor Villa Annex 2. SOU Total 127,317 LAWYERS ABSTRACT TRUST CO.. Room 6. Board of Trade bids'. Abstracts a specialty. Certificates of Title made by the Title St Trust Co., 7 Chamber of Commerce. Dufnr Fruit Men Organize. THE DALI.ES. Or.. Aup. 17. (Special.) Articles of Incorporation of the Dufur Valley Fruitgrowers' Union hrtve been filed with County Clerk V. R. Anple, by M. M. Burtner. K. J. Collins. C. P. Bakh. W. G. Faust and P. V. Knowles. all of Dufur. The capitnl stock of the new or ganization la $1000. with 1000 shares of the par value of $1 each. The principal office and place of business will be at Dufur. Detroit. Mich. A hand of Chinese smug glers, using "Fighting Island." a dosprtM bit of land 10 miles down the river insi.lft the Canadian bnrdr. as the base of thflr oierations, is believed to have been broken up by the capture of three young Detroit m-n and two Chinese In Lansing TRAVELERS' t.llDE. CLARK'S CRUISES OF THE "CLEVELAND" (Hamburg-American Line) 18,000 toon, bra nil new. Vfe, superbly titled. R OUlNDtheWORLU From New York October 16, 19f9; from San Francisco, Feb. 5. 1910, nearly four month, costing only $i30 AND UP. includ ing all expenses afloat nnd ashore. SPECIAL I'KATVKES Madrria, FKTPt, India, Ceylon, Burma, Java, ltomeo, fblltp pines, Japan. An uniiMinl chance to viit unusually attractive place. 12th Annual Orient Cruise, Feb. 5, 10; by North German Lloyd S. S. '-Grouser Kur fiierst." 73 davs Including 24 day Egypt and Palestine. f100 np. FRANK C. CLARK. TTMT.S RLIG.. V. T. C. K. Stinger. 254 WoeulnKton t., Portland. CANADIAN PACIFIC WEEKLY FAILINGS "BETWEEN MOX 1REAL, QUEBEC AND LIVEKPOOL. Nothing better on the Atlantic than our Empresses. Wireles on nil steamers. F. R. JOHNSON. P. A 142 Third St., Portland. Or. NORTH PACIFIC S. S. CO. For Eureka, San Francisco arid Los Angeles direct. The steamships Roa noke and Elder sail every Tuesday at 3 P. M. Ticket office 132 Third, near &.lder. Phones M. 1314 and A 1314. H. YOU Nil, Agent. SAX FRAXCISCO PORTLAND S. B. CO. direct steamer and daylight sailing. Only From S.S. b.S. From S.S. Ainsworth Dork. Portland. A. u. st:ite of Callfornin. Auir. 1. Hose tity. Aug. 2H. fc-ut. II. pier 40. San Francisco, 1 I A. M. Hose City. AilR. HI. Kept. 4. btate of C'nlifornia. Aug. 28. J. V. Ransom, Dock Agent. Main 208 Ainsworth Dock. ROCHE, City Tioket Aeent, 1 Sd St, Pnone Main 402. A 1402. sr. J. COOS BAY LINE The steamer BREAKWATER leaves Port land every Wednesday. 8 P. !.. from Ains worth dock, for Jiortta Bend. MarsliHeld and Coos Bav points. Freight received until 4 P. M. on day of sailing. Passeneer fare, first class, $10: second-class. J7. Including berth and mals. Inquire city ticket office. Third and Washington street, or Alnsworta dock. Phone Main 263.