Morning Oregonian. (Portland, Or.) 1861-1937, August 21, 1909, Image 15

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Morning Oregonian., August 21, 1909, Page 15, Image 15

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Newspaper Page Text15 T1TD MORNING OREGONIAX, SATURDAY, AUGUST 21, 1909. s HJDETRADEIS QUIET Y Competition Not So Keen in Local Market. BUSINESS LIGHT IN EAST Advance In Foreign Product Equals the Duty Removed Hides Are Scarce the World OTer and May Not Become Cheaper. The kx-al hide market Is not as actrva now aa it was a abort time ago. The com petition between local buyers Is leas keen and they are not showing their former dLe position to pay extreme prices In order to get aunpllea Trading In the East la light, according to the latest advices received bjr local dealers. Since the duty was taken off of hides, the foreign nroduct has advanced and now costs as much laid down aa It did before. If bide prices generally were low. the trade believes the placing of hides on the free list would have made a difference In the market, but hides are scarce all over the world, and there Is no reason why th should be any lowering of values. The condition of the Eastern hide market. according to the latest Dun's Review, follows: The market on hides has ruled generally quiet this week, and but few sales have been effected. Tanners have been more Interested since the new tariff law went into effect in getting to their tanneries the hides which have been 'in bonded storehouses than in purchasing fresh supplies. It is expected that many tanners wlil be well supplied for some time to come with foreign hides. owing to the Immense quantities of these that were held in bond and are now released The Chicago packer hide market is still In an entirely nominal position on most va rfetlea, owing to the lack of sales, and such transactions as have occurred have been at reductions. One sale has been made of light native cows at 15 He, and another lot of branded cows sold at 14 Isc Country hides are dull and weak, with Chicago dealers asking 14c for buffs, but tanners are buying at outside points on a lower basis than this figure. Foreign dry bides are strong, and some sales have been made on a slightly higher basis than the previous quotations that were with the 15 per cent duty added. oma Bogota dry hides sold at 21 c. The previous sales of these were at 1.14 c, duty paid, and the duty amounted to 2 ' c FOREIGN" COMMERCE FOB A YEAR. Large tin re aee In Imports and Decrease In Exports. Completed Bureau of Statistics data of our foreign commerce in the fiscal year Just closed show a marked advance in imports of materials for manufacturing, a considerable advance In the importation of certain food - stuffs, but a falling off in the importation of finished msnufactures. On the export side the falling off extends to all the great groups foodstuffs, raw material, manufac tures. The net result was an Increase as compared with 190$ fiscal year of $117,000, 000. in imports and a decrease of 1196.000, 0O0 In exporta. In exports the principal comparisons are these: 1908. Cotton Copper ...... Wheat Oil, Illuminating .. Wheat flour Lard Boards and planks. Tobacco leaf . Corn tittle Coal, bituminous... Paeon s Hams and shoulders Oilcake and meal. . Oil lubricating Beef, fresh Olco oil Vpper leather Cottonseed oil Cotton cloths Coal, anthracite Mowers and reapers Furs and fur skins. The only import Increases are: Cotton cloths Vpper leather ................... Cottonseed oil . Coal, anthracite Mowers and -reapers... Furs and fur skins 1.500.000 . In imports the principal comparisons are: 1IK1S. 1K9. Sugar S0..VH.ono $!s.0.000 Coffee .-. . 67.700.0DO 79.100.OO0 Silk, raw 63.70o.ono Hides and skins..:.. 54.900.000 Rubber, crude 84,600,000 Fibres, manufactured. 35. 500.000 1909. . .4.rr.SO0.O0 $417,400,000 lOO.ti'MI.OOO JC'.IMIU.OUU Oil. 7 00.000 70.soo.ono B4. 2OO.0O0 54.SOO.OOO 3.".tioo,om 34.i00.000 3:i. 2:1.300.000 2o.S0n.lVK 2.-..500.OO0 25.200.000 21,1100.000 20.400.000 20.3iiO.000 J9.30O.0OO IS 4 1"). 0O0 17.2O0.000 14.3O0.0OO 13.SOO.OOO is. "on. 000 700.000 tfS.0o0.000 71.30. IXX) 51.200.0110 52,700.000 20. 1O0.OO0 30,700.000 S5.2oo.noo 19. 0O0. 0O0 23.000.000 25.9O0.0t to 23.500.0O0 25.SO0.0O0 IS. 3O0.000 12.700.000 19, 1O0.OOO 21.300.000 20,900.000 21.700.000 14.300.000 14.100.000 9.200.000 :$t.4oo.ooo . 2.900.000 . 8. 700. 0O0 500. 0O0 300.000 Cotton laces 33.6O0.000 Tin , 2.3O.0O0 Copper . 24. 00.000 TVoni, raw 23.700.noo Burlaps 23.2O0.n00 Tobacco, leaf 22.0O0.0OO Linens 1 17. 100.000 Tea IH.300.000 Boarda and planks. . . 15.200.000 Cocoa ; 14.3O0.OO0 Diamonds 13.800,000 A glance at these figures show Increase In nearly all lines. 7S.SOO.000 78.400.0o0 61.700.000 26.400.000 34. 400.000 26.000.000 2S. 30O.0OO 45.2no.000 19.SO0.OOO 25. 400.000 IS. 100.000 1S.6O0.000 15.90O.0O0 14. 900. 000 24.100.000 1 the large HEAVY TRADE IX FRI'IT MARKET. Peaches Are In Moat Active Demand and Bring Good Price. Business In the fruit line Is of large pro portions and everything of good quality cleans op as soon aa offered. Peaches were In most activa demand. The best Crawfords brought $1 S 1.10 and small fruit sold from 73 cents up. The supply la still Inadequate, but there will be more peaohes available the latter part of next w reek and prices should be lower. . Plums, prunes and ripe pears were scarce yesterday. Cantaloupes sold well and melons were also active. Blackbeniea were firm at $1.73. Grapes moved at former prices. The latest circular of the California Fruit Distributors says of the movement of Cali fornia peaches and grapes: Shipment of Elbertas. Susquehannaa and other freestone peaches is almost completed. Come fine Yellow Clings ar now available and beginning with next week a limited number of care of 6alwaya will be offered. The crop of Salway peaches la materially lighter than last year and will probably not run more than 23 to SO per cent of last year's output. Orapee are now moving In considerable quantity, and from this time on will be available as wanted. The movement at present consists of Malagas and Rose de Peru mostly. Some straight carloads of Tokays will move to auction points this week and next week we should be able to quote them to the f. o. b. trade. The weather has continued very favorable for grape de velopment. The fruit Is filling out nicely and taking on color rapidly. From present I Indications the crop will be not only liberal In quantity but of desirable quality. LOCAL GRAIX MARKET 19 STEADY. Trade Is Quiet and Prior Are Without Change. The local grain market was quiet yester day. "Wheat prices were unchanged. The London cargo cable of the Merchants Ex change reported a steadier market. Foreign shipments for the week were as follows: Argentine shipments. 3S4.0O0 bush els: last week. 650.000 bushels; last year. 1. 472.0OO bushels. Australia shipments, 312.- 0O0 bushels: last week. 192.0O0 bushels: last year. 224.000 bushels. Local receipts. In cars, were reported by the Merchants Exchange as follows: Wheat Barley Flour Oats Hay Monday 31 Tuesday 21 Wednesday ..... 16 Thursday 31 Fru'.ay ..... 15 Tear a-o 39 Total last week. 64 sharply and when hop picking begins next week th supply will be further decreased. This, together with th buying by Seattle firms, has made a very strong market lo cally. One Front-street firm posted an offer to boy fresh eggs In lots up to 200 cases at tli cents, but found no sellers. Ranch egga were quoted on the street to th trad at 28 29 cents and storage and East ern eggs at th usual differential. Poultry was In strong demand and chick ens of all kinds readily brought 14 cents. Butter and cheese were firm and un changed. Bank Clearings. Clearings of the Northwestern cities yes terday were as follows: Clearings. Balances. Portland f 56.07 $122,259 Seattle L762.6S7 246.077 Tacoma 83.760 44.86 Spokane S91.3S3 60.844 PORTLAND MARKETS. Grain. Flour, Feed. Etc WHEAT Track prices: New crop, blue stem. We; club, S9c; red Russian, 87Hc; Val ley. 80"iC! Turkey red. 89c; 40-fold, 00c FLOUR Patents. $6.25 per barrel; straights. $3.30; exporta, new, $4.10; Valley. $5.60; graham. $3.60; whole wheat, quarters. $5 SO. BARLEY Feed. $25.80026; nrewrag. $26. 50 '9 27 per ton. OATS September. $27,6008 50 per ton. CORN Whole $38; cracked. $37 per ton. MILLSTUFFS Bran. $26 per ton; mid dlings. $33; shorts. $29 32; chop, $22620; rolled barley, $32.50 33.50. HAY New crop: Timothy, Willamette Valley. $12016 per ton; Eastern Oregon, $17 18; mixed. $13.50 16.50; alfalfa. $13 50; clover. $1118; cheat. $13914 30. GRAIN BAUH 6ic eacn. FULL NOT CHECKED Stock Market Is Still Very Irregular. SELLING ON LARGE SCALE Bulk of the Dealings Are. In Union Pacific, Southern Pacific, Bead ing and Steel Harrlman's Health Proves Factor. Dairy and Country Produce. rttitf.r CItv creamery, extras. 81 Ho fancy outside creamery, 27Va31ttc per pound; store, zisijc txnitier iu average lia per pound under regular out ECKJS Oregon rancn, canuiea, ow ner dnMn. i POI'LTRT Hens. lscSprings. lc: roost mr ftMlDf rinrks. vounsr. 124213c: geese, young. 10?S'llc; turkeys, 20c; squabs, $1.7$ fi 2 ner anzen. CHEESE Full cream twins. 17lTttc per pound; young Americas.' 1818ic. UKU rancy, IIIFUC pur yuuiiu, VEAL Extra, tt10c per pound. Vegetables and Fruits. FRESH FRUITS Apples, new, $102.23 vw- si .vtif?2 ner box; oeachee. 75co$l.lv per crate; cantaloupes, i.uuw- Der crate: ciums. 4amoc per iw, n lAn- 1 ; 1 1 tiap iwtunfl rrBne& 1 LI .- blackberries, $1.73 per crate; casabas, $1.50 per aozen. . POTATOES Oreron. 75c a II per sack sweet notatoes. 3c Der DOund. SACK veoetaui.es Turnips. ,ioi.m per sack; carrots, $1. 25171.50; beets, l.oo. TKUriCAL rrtuns Valencia, sowo.ov lemons. fancy, $6-5067; choice. o grapefruit. $3 per. box; bananas. ,55VsO per pound; pineapples, $1.752 per dozen. UMOAa .ew, 11.2a per sac. VEGETABLES Beans. 45c; cabbage, 1 Glhic per pound; canutlower. 4ucaet Der doxen: oelery. 6vcf-l per dozen: corn lofr per dozen; cucumber. 1025c per dozen: eccnlant. 8 0 10c ner Dound: lettuce, hothouse, si ner box: oniona 1216l5c per dozen; parsley, 35c per dozen; peas, 7c per pourd; peppers, o9J.oc per pouna; rauisiies. 15c per dozen: spinacn. iic per puunu squash, 5c; x tomatoes, 75ctt Sl... Groceries, Dried, Fruits. Etc DRIED FRUIT Apples. c per pound ntaches, 7&Sc; prunes, Italians, 5 6c; prunes, French, 406c; currants, un washed, cases. irvkc: currants, wasnea, cases, 10c; ngs. white fancy, au-lD. noxes. 6c: dates, 77V4c. SALMON Columbia River. 1-pound talis. $2 per dozen; 2-pound tails, $2.05; 1-pound flats, $2.1Utt; Alaska pink, l-pouna tans. 90c; red, 1-pound talis, $1.45; sockeyes. 1-Dound talis. $2. COFFEE? Mocha, 24W2SC: Java, ordinary, 17&20c; Costa Rica, fancy, 18 20c; good. 16lSc: ordinary, 12 ramc per pound. NUTS Walnuts, 12 (1 13c per pound by ck: Brazil nuts. 16c; filberts. 15c; pea nuts. 7c; almonds, 1314c; chestnuts, Ital lan. 11c: peanuts, raw, 5c; plnenuts. 109 12c; hickory nuts. 10c; cocoanuts, 8O0 per dozen. SUO AR Granulated. $3.75: extra C, $5.33; golden C, $5.25; fruit and berry sugar. $5.85; Honolulu plantation, fine grain. $6.25 cubes " (barrel). $6.40: powdered (barrel) $6.10. Terms, on remittances within 15 davs. deduct uc ner pound: 11 later than 15 days and within 30 days, deduct per nound. Maple sugar, 15stl8c per pound. SALT uranulated. $13 per ton. si.hu per bale; half ground, loos, $7.50 per ton; BOs $8 ner ton. BEAN'S Small white, 7Hc; large white. ac; Lima, 5c; bayou, 6 He; red kidney, 4c; pink, 4ic Provisions. BACON Fancy, 25c per pound; standard. 21c: choice, 20c; English, 18019c. DRY SALT CURED Regular short clears. dry salt, 14c; smoked. 15c; short clear backa beavy dry salted. 14c; smoked. 10c; Oregon exnorts dry salted. 15e: smoked. 16c - HA5Ia s to 10 pounds, lie; 14 to to pounds. 17c; 18 to 20 pounds. 17c; hams. skinned. 17c; picnics, 12c; cottage roll, 13c boiled hams. 234246c; boiled picnics. 20c. LARD Kettle rendered. 10s, 16ftc; 5a 16Sc; standard pure: 10s, 15iic; 5s. 16c choice. 10s, 14Hc; 5s, 14ftc. Compounds, Ids. 8c; Js, 9c. SMOKED BEEF Beef tongues, each. 60c: dried beef sets. 19c; dried beef out sides, 17c; dried beef lnsides, 21c; dried beef knuckles, 20c PICKLED GOODS Barrels: Pigs feet. $13; regular tripe, $10; honeycomb trip. $12; pigs' tongues, $18.50. PORTLAND LIVESTOCK MARKET. Prices Quoted Locally on Cattle, Sheep and Hogs. Livestock receipts yesterday were better than usual, and the quality also averaged higher than has been the case for some time past, though the proportion of fancy tock was not heavy. Prices were un changed throughout the list. Hogs were strong In tone, cattle were quoted steady to strong, and sheep were steady. Receipts were .50 cattlo. 1115 sheep and 166 hogs. Late sales at the yards Included: 135 steers, average 1060 lbs.. $4.50: 116 steers. average 1076 lbs.. $4.25; 49 cows, average vi ids., 4.4u; 12U cows, average Too lbs., $3.25; 63 hogs, average 240 lbs.. $9; 8 calves, average 875 lba. $4; 54 calves, average 254 lba, $5.50; 45 calves, yearlings, average 477 lbs., xa.au: 1 cows, average 84 lbs.. $3.65; 13 steers, average 965 lbs., $4' 7 cows, aver age 9o5 lba, $3.50; 5 steers, average 890 lbs., $3.00; if cows, average 1000 lba., $3.7o; 4 steers, average 1175 lba, $4.30; 5 cows, average 938 lba. $3.25; 2 cows, average 982 lba.. $2.73: 19 cows, average 995 lba. $3.50; 4 cows, average 600 lbs.. S3: 8 steers, aver age 83 lba, $4.60; 81 sheep, average 105 ids., $3.uo; cows, average ii"B lbs., $3; 16 cows, average 837 lbs.. $3.25: 8 steers. average 1037 lba, $4; 153 sheep, average I OH lba, $3.00; lis lambs, average 73 lba, $3.85. Local price quoted yesterday were aa fol low: CATTL21 Steers, top. $4.50 4.80: fair to good. $46r$4 25; common. $3.75t?4; aows, top. $3.408.65; fair to good, $33,3.25; com mon to medium, $2.502.75; calves, top. $3 65 50: heavy, $35034: bulla and stags, 2.7S'a3?5: common, I22.60. SHEEP Top wethers. $4; fair to good, $3.5i&3.75; ewea. c less on all grades; year ling!), best. $4: fair to good, $3.503.75: Spring kimba. $3.25?5.60. HOGS Best. SS 75Q9; fair to good. $8 8.50; stockers, I6S7; China fata, 16.75 8 7- 1 1 4 6 9 3 6 13 2 13 8 1 4 6 1.1 9 3 S 29 10 9 14 93 LOCAL EGO MARKET 13 ADVANCING Supply of Freh Ranch Mock Not Up to Requirement. Receipts of Oregon egga have fallen off Eoatern Livestock Market. CHICAGO, Aug. 20. -Cattle Receipts, esti mated. 2000; market, steady. Beeves, $4 Aiyff 7.60: Texas steers, $4fr6-4u: Western steers, $4ff6-33; etockers and feeders, $3.155.65; cows and helfera, $2.25f?6.40; calves, $61(8.75. H.oge Reoelpts. estimated. 16.000: market, 10c lexer. Light, $7.608.10: mixed, $7.40-3 8.15; heavy. $7.1068.16: rough. $7,1017.35: good to choice hee.vy. $7.S6SfS.15; pigs $6.90 7; bulk of rales. $7.53i 8. Sheep Receipts, estimated, 10.000: market, weak. Native, $2.753.90: Western. 2.9"'91 4.80; yearlings. $4g3 M; lambs, native, $4,253 3.65; Western. $4.5"6f .55. OMAHA. Aug. 26. Cattle Receipts, 12.000; market, steady. Range cows and heifers, $2.7&34.23: Texas steers. $3fif: cannere, $2'J 2.S5: Mockers and feeders. $2-754i5.50; calves, $3174.50; bulls and etaaw, $2,751(4.75. Hogs Receipts, 8000. - market, 10c lower. Heavv. 7 20U 7.63: Pigs. $6.253 7.25: hulk of sales, $7.407.65. Sheep Receipt. 2700; market, steady. Year lings. $4.7565.25; wethere. $3.8534.65; ewes, $3.504.40; lamb $6.5067.40. Coffee and Sugar. NEW YORK. Aug. 20, Coffee futures closed steady, net unchanged to 3 point up. Sales reported of 16,450 bags. Including August. 5.60c; September. 5.405.45c; Octo ber. 5.80c; November. 5.25c: December, 5.25c;. May. 3.40c. Spot quiet: No. 7 Rl". 7"e7c: Santos. No. 4. SVifeSc. Mild quiet; Cordova. 8Hi8 12c. Sugar Raw firm; fair refining. 3.61c; cen trifugal, 96 test, 4.11c: molasses sugar. 3 38c. Refined steady; crushed 5.55c; powdered. 6.15c NEW TORK, Aug. 10. Today's stock market was again very Irregular, when not altogether disorganized. At the opening, most declines were fractional, but before the end of the first hour the movement gathered greater momentum under a fresh accumulation of selling orders and reces sions of 2 points or more were recorded. The business of the morning session was estimated at over TOO.OOo shares. Early In the afternoon the decline took a fresh j start with further liquidation In Union Pa cific, Southern paciile, Reading Bteei arm others of the active group. Apprehension existing In many quarters regarding the health of E. H. Harriman and a rumor that a "shaking out" of the rank and file was deemed advisable by those who are suuDosed to be in control of the market's machinery made the market heavy.' Throughout the day considerable strengtn was shown by United States Rubber, Amer ican Car and Foundry and American Lo comotive. Dealings In four stocks Union Pacific. Southern Pacific, Reading and United States Steel made up fully 60 per cent of the day's business, which aggregated l,4-"0,000 shares. The close was steady. Forecasts of the weekly cash movement Indicate a gain of about 13.600.000 by local banks. Better cotton crop conditions In Texas, cooler weather In the corn belt, record-breaking sales of wool In Boston and a marked decline In copper exporta for the week were reported. The bond market was again weak. ' Total sales, par value, $4,978,000. Government bonds were unchanged. CLOSING STOCK QUOTATIONS. Closing 6ales. All! Chalmers pf 200 Amal Copper 30,600 Am Agricultural . . 100 Am Beet Sugar .. S.9O0 Am Can pf 1,400 Am Car Foun. 6.500 S.200 600 1.8o0 200 5000 for 60 days, and at $4.8665 for demand: commercial bills. 1.S4! S 4.84. Mexican dollars, 44c Sliver, 61c. Government bonds steady, railroad bonds weak. Money on call steady, 2 per cent; rul ing rate. 2"4 per cent; closing bid, 2tt per cent; offered 2U per cent. Time loans quiet and steady; 60 days. 29S per cent.. and 90 days, i3 per cent; six months. Sit 4 per cent. SAN FRANCISCO. Aug. 20. Sterling on London, 60 days, $4.85; do sight, $4.86'. Silver bars, 51c Mexican dollars, 45c Drafts, sight. 2 4c; do telegraph. So. LONDON, : Aug. 20. Bar silver quiet; 23 Hd per ounce. Monet. i (J? per cent. The rate of discount in the open market for short bills is per cent The rate of discount in the open market for three-months bills Is 1 per cent. BOd IfJ BUSINESS Eastern Mining Stocks. BOSTON, Aug. 20. Closing quotations: Adventur 7 Alloues 45 Amalgamated .. 84 W Aria Com 43 "4 Atlantic 10 Butte Coal . . 25 4 Cal it Ariz 104 Cal se Hecla 670 Centennial ..... 34 Copper Range. . . 82 Daly West 8H Franklin 16VJ Mont C & C 30 Nevada 23 Old Dominion... 56Vi Osceola Parrot . . Qulncy ... Shannon . . Tamarack Trinity ..144H 32 Ol 15 67 12 United -Copper. . . 10 U. S. Mining.... 31 u. h. oil 35 Granby 100 Utah 44 v ictoria ........ 4 Winona 6 Wolverine 153 Greene Cananea. 9 Isle Royals 27 Mass Mining 71 Michigan ...... 8 North Butte .... 68 Mohawk . . 02 High. 62 5 46 45 84 49 34 160, 62 89 600 114 900 130 6.71)0, 140 400 101 s 100 38 48 900 118 300 118 600 137 4,500 117 200 8,2u0 31, SO 1,400 185 6,800 40 100 108 H 18,300 300 81 66 1,200 195 2,000 1674, 74 44 644. 82 80 800 7.900 500 700 800 7,61X1 144 1.100 20 800 2.2O0 300 1,400 10,8"0 1,200 600 id; 48 86 38 54 42 Am Cotton Oil... Am Hd A Lt pf. Am Ice- Securl... Am Linseed Oil.. Am Locomotive..., Am Smelt & Ref. 36,400 do preferred . . . Am Sugar Ref.... Am Tel Tel.... Am Tobacco pf... Am Woolen Anaconda Mln Co. Atchison 46.3O0 do preferred Atl Coast Line ... Bait & Ohio do preferred . . . Bethlehem Steel .. Brook Rap Tran . . Canadian Pacific .. Central Leather .. do preferred . . . Central of N J.... Che A Ohio Chicago & Alton., Chicago Gt West. Chicago A N W. . C. M &.St Paul.. C, C. C & St L... Colo Fuel A Iron.. Colo A Southern... do 1st preferred. do 2d preferred. Consolidated Gas.. Corn (Products ... Del & Hudson .... D & R Grande... do preferred Distillers Securi.. Erie do 1st preferred, do 2d preferred. General Electric . . Gt Northern pf .., Gt Northern Ore . . Illinois Central .. Interborough Met.. do preferred ... Inter Harvester Inter-'Marlne pf Int Paper Int Pump Iowa Central .... K C Southern ... do preferred . . . Louisville 4 Nash 6,200 156 Minn & .St LouUt. 3O0 64 M. St P & 8 3 M. 60 143 Missouri Pacific .. 2.90O 73 Mo. Kan A Texas 1,900 41 do preferred National BUcult .. 200 100 National Lead . . . 4.300 81 Mex Nat Ry let pf N Y Central 44.4O0 141 tl. N X. ont est. 4.3UO Norfolk West. . . 1,00 North American... 80 Northern iPaclflo Pacific: Mall ... Pennsylvania .. People's Gas . . P. C C A St L Pressed Steel Car. 1.7..0 Puliman -al car. 100 190 Ry Steel Spring.. 600 49 Hearting ztH.en- loVVt Republic Steel ... 4,600 37 do preferred ... 900 Rock Island Co... 28,400 do referred . . . 6.000 St L A 8 F- 2 pf. 1.2O0 St L 8ouwestern 400 do preferred ... 1.000 SloM-Slieffield 4'K Low. 62 82 40 43 83 64 71 48 83 15 60 96 113 129 139 Bid. , 63 64 46 44 83 66 72 48 84 15 62 SS 114 130 134 IOI 101 1,800 loo'. 20.100 152.4 14.800 81 4.3"0 156 15 48 1,300 4,500 '"706 700 800 1,600 1.100 21 17 41 'if) 14 40 83 82 20,800 155 1,000 35 88. 400 140 "s 8.100 116 O'MJ VI 3; 48 116 104 136 116 "si 78 183 38 108 'is' 65 193" 155 ' 74 41 64 81 SO 141 22 191 85 37 84 62 42 165 150 78 164 15 '20 17 39 if 73 153 . 64 142 143 72 72 40T 40 " 106 106 69 90 3S 48 118 104 136 117 83 31 79 184 39 108 315 80 65 77 194 157 74 43 64 86 80 143 22 191 48 86 38 35 63 42 160 152 81 159 14 - 89 20 17 41 30 48 74 155 53 EARLY SLUMP IfJ WHEAT IDEAL- HARVEST WEATHER CAUSES BREAK IX PRICES. 187 " 82 82 52 140 48 93 82 152ft 164 82 138 115 91 47 196 155 36 108 104 3h 77 55 2 66 85 Southern Pacific ..220,300 133 Southern Railway.. 17.100 do preferred ... 1.0"0 Tenn Copper 2.500 Texas A Pacific. 3,700 Tol. St L A West. 900 do preferred Union IPacine do preferred U 8 Realty ., U 6 Rubber .. U S Steel do preferred Utah Copper 31 70 39 36 50 Tl 900 ...221, 5O0 206 ... 6,700 K 000 ... 12.100 ...266.500 37 76 64 20 66 82 130 30 70 38 35 50 0. S3 140 116 92 48 199 48 18 37 105 38 77 64 26 65 85 132 30 70 39 36 60 ro 83 57 75 203 20S JOT IO8V1 8,800 124. Va-Caro Chemical. 2.1O0 48 Wabasrh 4C0 20 do preferred ... 6,300 64 Western Md 800 6 Wesllnghoua Elec L400 84 Western Union ... 60 73 Wheel A L Erie.. 200 7 WWconsin Central Total sales for the day. 1,430.700 BONDS. NEW YORK, Aug. 20. Closing quotations: 82 00 72 123 'ii" 20 62 S 84 72 T 82 55 75 124 60 47 20 63 3 84 72 7 66 V. S. ret. 2s rejr.lOOH do coupon. .: .100 U. S. 8s reg 101 do coupon .... 101 V S new 4 reg. 116 do coupon. .. .lis N Y C G Ss 81 North Pacific Ss. 79 North Pacific. 4s. 102 Union Pacific 4a. 104 Wlscon Cent 4s. 85 Japanese 4s 86 Stocks at London. LONDON. Aug. 20. Consols for money. 84: do for account. 84. Amal Copper... 85 Mo K A T 41 Anaconda 9 N. Y. Central 144 Atchison 120 Norfolk A West. 86 do prer 107 do pref 91 Bait A Ohio 120 Ont & West 30 Can pacinc 186 Pennsylvania ... 11 Chea A Ohio 82 Rand Mines. Chi Grt West... 8 Reading C. M- S. P 160 Southern Rv... ue Beers D A R G 49 do pref 89 Erie 36 do 1st pf 55 do 2d pf 44 Grand Trunk... 24 111 Central 156 L. K 160 9 81 31 do pref 73 South Pacific. .. .126 Union Pacific 210 do nref 112 !U. S. Steel 75 do pref 128 Wabash 21 do pref 55 Spanish 4s 85 Chicago Market Rallies Iater on Ex port Purchases and Most of Ixss Is Regained. CHICAGO, Aug. 20. Ideal weather for the harvesting of the new crop of wheat in the Northwest caused a severe slump in wheat prices today, but much of the lose was re gained on covering by shorts. Talk of eome wheat having been sold for export Induced covering, which resulted In a rally of about lc- in all deliveries. The market closed fairly steady. Growing belief that the corn crop of the Southwest Is being seriously Injured by drouth Inspired lively buying of corn, which resulted In a strong rally, following a slump early In the day. . The market closed strong, with price up l5c to 11C Oats were extremely weak early, but later became much steadier. Prices at the close were a shade lower to o higher. Provisions closed unchanged to 10c higher. The leading futures ranged as follows: WHEAT. Open. High. Low. Close. Sept 11.01 $1.01 $ .!)9 $1.00 Dec 96 .96 .S5 .96 May 89 1.00 .88' .99 CORN. Sept .65 .66 .65 ' .66 Dec 56 .67 .65 .67 May 57 .58 .67 .58 OATS. Sept .57 .38 .57 ' ,S8 Dec 37 .38 .37 '.38 May 40 .40 .39 -40 . MESS PORK. Sept 22.15 22.25 22.15 22.16 Jan 17.42 17.45 17.35 17.37 LARD. NpT 11.40 11.45 11.40 11.42 Jan 10.20 10.22 10.20 10.22 Sept 11.90 11.95 11.87 11.92 Oct 11.85 11.87 11.82 11.87 SHORT RIBS. Sept 11.70 11.75 11.65 11.75 Oct 11.40 11.45 11.37 11.45 Jan 9.17 9.20 9.16 9.17 Cash quotations were aa follows: Flour Steady. Barley Feed or mixing, 6054c; fair to choice malting. 60 & 60c. Flax seed No. 1 Southwestern, $1.S7; No. 1 Northwestern. $1.45. Timothy seed 13.76. Clover $11.70. Pork Mess, per barrel, $25.2022.25. Lard Per 100 pounds. $11.97. Short ribs Sides (loose), $11.50 11.75. Sides Short, clear (boxed), $12.120 12.25. Grain statistics: Total clearances of wheat and flour were qual to 304,000 bushela Exports for the week, as shown by Bradstreet's, were equal to 238,000 bushels. Primary receipts were 689,000 bushels, compared with 745,000 bushels the corresponding day a year, ago. Estimated receipts for tomorrow: Wheat. 67 cars; corn, 154 cars; oats, 316 cars; hogs, 10,000 head. Receipts. Shipments. Flour, barrels 27,600 27.300 Wheat, busheds 181,200 462,300 Corn, bushels .251,300 105,300 Oats, bushels ....62L400 625.000 Rye. bushels...;.. 1,000 S.10O Barley, bushels 7,500 4,600 Trade Is Forging Ahead in All Directions. NEAR MAXIMUM CAPACITY JLabor Will Soon Be at s Premium. Railroads With Their Earnings Increasing Are Buying Ralls and Other Supplies. tTEW TORK, Aug. 20. R. G. Dun Co.'a weekly review of trade tomorrow will say: Reports from the principal cities unite In confirming the revival In trade. The pros pect Is that before long maximum capacity will be reached, and labor be at a premium. . The railroads are enjoying such increases In earnings and such assurances of good crops that they are buying freely of steel rails and other supplies. The New England shoe factories have a good volume of business. The demand for all kinds of hides shows an improvement. Less favorable crop and weather news caused an advance In prices of the leading farm staple. EXPANSION IN rNDUSTBJAL IJXH Premium Offered for Early Delivery of Iron and Steel Materials. NEW YORK, Aug. 20. Bradstreefs to morrow will say: Jobbing trade and manufacturing Indus tries tend to expand as the vacation wanes and harvest possibilities grow into certain ties. Iron and steel buying has become more confident, and premiums are offered for early delivery of materials intended for manufacture. Business failures for the week ending Au gust 17 were 213. against 214 last week. 236 In the last week of I8OS, 1U0 in 1807, 165 in 1906. and 176 in 1805. Wheat. Including flour, exports from the United States and Canada for the week ag gregate 2.874,618 bushels, against 1. 785.755 bushels last week, and 8.807,779 bushels this week last year. For the seven weeks end ing August 10. exports are 11.093.662 bush els, against 20.764,483 bushels In the corre sponding period last year. . Corn exports ' for the week are 168.385 bushels, against 139,400 bushels last week, and 84,376 bushels in 1908. For the seven weeks ending August 19, corn exports are 695.319 bushels, against 385,533 bushels last year. THE UNITED STATES NATIONAL BANK PORTLAND. OREGON UNITED STATES DEPOSITORY CAPITAL AND SURPLUS, $1,000,000 OFFICERS J. C. AINSW0ETH. 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 Bank Clearings. NEW TORK. Aug. 20. Bradstreefs bank clearingB report for the week ending Au gust 19 snows an aggregate or S3.2a5,195.000 as against 2,68,54l,ouo last week and 343.3is,uuu in tne corresponaing week last year. F. C. Inc. New York $2,163,034,000 50. S Chicago 250,942,000 17.3 Boston 154,240,000 , 19.2 Philadelphia 121,825.000 14.7 St. Louis 63.946.000 . 12.4 Pittsburg 45.788.000 29.1 Kansas City .'. 46,069,000- 24.6 San Francisco 40,575.000 14.2 Baltimore 25.956,000 .24.7 Cincinnati 23,326,000 11.9 Minneapolis 15,467,000 12.0 New Orleans 14.983,000 28.9 Cleveland 17.941,000 24.8 Detroit 15,722,000 30.9 Omaha 12.737,005 20.1 Louisville 10.854.000 5.0 Milwaukee 11.580.000 17.6 Fort Worth 5,144,000 8.0 Los Angeles 13.921,0.00 40.0 St. Paul 9.802,000 9.4 Seattle 12,205,000 66.1 Denver 8.086,000 6,6 Buffalo 8,208,000 13.4 Indianapolis 7,846,000 - 17.1 Spokane, Wash 4.045,000 44.4 Providence 6.880.000 22.4 Portland. Or 7.579,000 32.5 Richmond 6.674,000 46.7 Albany 4.995,000 3.9 Washington, D. C ... 6.608,000 36.4 St. Joseph 4.952,000 0.2 Salt Lake City 6,911,000 64.4 Columbus 5.875,000 40.8 Memphis 3.677.0OO 74.5 Atlanta .. 6.793,000 87. S Tacoma 3.624.000 43.0 Oakland. Cal. 1,879.000 21. S Helena 8n6.000 0.4 Houston ll.709.0OO 12.6 Galveston 9.099,000 30.s Grain and Produce at New York. NEW TORK. Aug. 20. Flour Receipts. 2430; exports. 23.700. Barely steady, with a quiet trade. Winter straights. $4,800 5.10, new; Winter extras, $4.504.80, new; Winter low grades, $4.404.70; Winter pat ents la.autg o.ou, new; jansas straights. to o.iu, new. Wheat Receipts, 211,200; exports, ' 48. 875; spot easy; No. 2 red. new. $1.08 eleva tor and $1.12tt f.o.b. afloat; No. 1 North ern Duluth, new, September shipment. u.iu i.o.d. aiioat io. nara Winter. new, $1.12, f.o.b. afloat. Until rallied by a late Jump In com, the wheat market waa weak ana lower today in resoonse to pre dicted large receipts and fine Northwest weatner. ine late upturn, during which shorts covered freely, restored all the early loss here, final prices showing a partial net rise. oeptemoer ciosea, $1.08 December. $1.04s; May, $1.064. Hops Dull. Hides Quiet. Wool Steady. Petroleum Steady. WOULD LIFT EGG PRICE EFFORT MADE TO ADVANCE THE SEATTLE MARKET. -Wheat, Grain at aa Francisco. SAN FRANCISCO, Aug. 20. steady; barley, weak. Spot quotations: Wheat Shipping. 1.83!-ai.8Tfc; milling. xi .S5. Barleys-Feed, l-3TVs L40; brewing, L42 41.45. Oats Red, 1.601.80; white, nominal black, xz.5092.75. Call-board sales; Wheat No trading. Barley May, 1.48; December. $1.42 Vs Corn Large yellow, f 1.75 1.65. European Grain Market. LONDON, Aug. 20. Cargoes steadier; Walla Walla for shipment, 38s. LIVERPOOL, Aug. 20. Wheat. September. 8s 3d; December, 7s Sftd; March, 7s 8d. Weather showery. Wheat at Seattle. tEATTLB, Aug. 20. No milling Quota tlona. Export wheat: Bluestem, 82c; club and red Fife, 87 & 88c; Russian red, 86c. Receipts Wheat. 6 cars; barley, cars; corn, 8 cars. ' Wheat at Tacoma. TACOMA, Aug. 20. Wheat Milling, blue stem. 84c; export bluestem, 82c; club and red rife. Sc; red Russian. 86c. Dally Treasury Statement. WASHINGTON. Aug. 20. The condition of the Treasury at the beginning of business today was as follows: Trust Funds Gold coin , S.W.P22.89 Silver dollars 466.803,000 Silver dollars of 1S80 4.131.000 Silver certiorates outstanding... 486,863.000 General Fund Standard silver dollars In general fund 5,125,837 Current liabilities 87.246.426 Working balance In Treasury otnee 32.651.369 In banks to credit of the Treas urer of the United States 40.441.268 Subsidiary silver coin 26.021.385 Minor coin 2.0.11.114 Total barance in general fund... 101.086.248 Money, Exchange, Etc. NEW TORK. Aug 20. Prime mercantile paper. 4 44 per cent. sterling exchange steady, wuh actual business In bankers' bills at J4.S505&4.S510 Dairy Produce In the East. CHICAGO, Aug. 20. Butter steady; creameries. 2326c; dairies, 2023Hc Eggs Receipts, 11.801 cases; steady at mark, cases included, ISc; firsts, 20c; prime firsts, 21fec. Cheese Strong; daisies, 1515c; twins. 14H1414c; Toung Americas, 134 15c; Long Horns. 15416a NEW YORK. Aug. 20. Butter Strong; creamery specials. 284c; creamery extras. 28c; creamery thirds to firsts, 24 4 25c. Cheese Firm; skims full to specials, 34 Eggs Firm. Dried Fruit at New York. NEW TORK, Aug. 20. Evaporated apples quiet; fancy, 894c; choice. SS4c; prime. 774e; common to fair, .3 6 c. Prunes Firm; California ranging from 2 011 4c; Oregon. 68c. Apricots Sleady; choice. 10104c; extra choice. 104j)10ic: fancy. ll13c. Peaches Unchanged: choice. 5 ti 6c; . ex tra choice, 6"4i6ic; fancy. 7S4c. Raisins Quiet; loose . muscatel, 44c; choice to fancy, seeded, 4?4ig6c; seedless, 8&54c; London layers, $1.15 1.20. Receipts From Oregon Are Increas ing:, Owing to the High Prices Already Quoted There. , SEATTLE, Wash., Aug. 20. (Special.) The egg market here developed consider able strength during the day, and In some quarters efforts were made to secure 38 cents. That price, however, did not meet the approval of most Jobbers, who continued 10 sell at 87 cents. Receipts from Oregon are increasing. The difference In prices quoted on the two markets is so wide that Oregon shippers are finding it more profit able to ship here than to Portland. There was an exceptional demand for peaches today. Consumers appear to be in the market for a supply of canning, stock. Prices were higher on fancy stock, as hlgk as S1.25 being obtained. Poor stock went as low as 80 cents. There was some talk of higher butter prices for next week, although nothing definite waa done. Wheat waa dull and unchanged, but con siderable activity was reported from the country. Millers are active bidders for bluestem, but they Insist on Immediate de livery. Millers who nave expected an announce ment from the State Food Department on the bleached flour question In this state will be disappointed, for Commissioner Davies has left for his home In Eastern Washington and will not make a decision until his return about the first of the month. QUOTATIONS AT BAN FRANCISCO. Prices Paid for Produce In the Bay City Market! SAN FRANCISCO. Aug. 20. The follow ing prices were quoted in the produce mar ket today: Millstuffs Bran, $2S.5030; middlings, $36.50 37.50. Vegetables Hothouse cucumbers. 8565c; string beans, l24c; tomatoes, 75c3$1.25; garlic, S5c; green peas, 243c; egg plant, 40 66c Butter Fancy creamery, 304c; creamery seconds, 28c; fancy dairy, 27 4c; dairy sec onds, 244a Poultry Roosters, old. $4. 50 5; young. $6.5010: broilers, small. $2 503.50, large, $3.253.50; fryers. $5.506.50: hens. $4.509; ducks, old, $56; young, $68. Eggs Store, 33 4c; fancy ranoh, 3c. Cheese New, 15 16c; young Americas. 15 4 16c. Hay Wheat. $15 9 IS; wheat and oats. $1816.50; alfalfa. $1113; stock. $7 10; barley, $12&13; straw, per bale, 60 75c. Fruits Apples, choice, 85c; common, 30c; bananas. 7."ca3; . limes. $56; lemons, choice, $3; common, $1.50; pineapples. $1.60 2.50. Hops Contracts, 1908, IS S 21c. Potatoes Sweet, $2.25 3.50. Receipts Flour, 2925 quarter sacks; wheat, 30 centals; barley, 8360 centals; oats, 3SO centals; beans. 1045 sacks; potatoes, 64S0 sacks; bran, 340 sacks; middlings. 495 sacks; hay, 1058 tons; wool, 265 bales; hides, 290. 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. BITULITHIC INSURANCE IS SAFEST AND SUREST. VYARREN CONSTRUCTION COMPANY 317 BECK BUILDING, PORTLAND, OR. per at 13.124 13.S74c; Electrolytic. 12.874 13 124c and Casting at 12.62 4 12.87 4c. Lead was steady with spot quoted at 4.35 4.45c. East St. Louis delivery. The Lon don market was at 12 10s. Spelter closed steady with spot quoted at 5. 70 5.80c. The London market was unchanged at 22. Iron was higher in London at Sis 14d I or uievei&nu niwioui --j - remained steady. w York Cotton Market. NEW YORK, Aug. 20. Cotton futures closed easy. Closing bids: August. 12.05c; September, 12.03c; October, 12.05c; Novem ber. 12.07c: December. 12.06c; January, 12.04c; February. 12.03c; March, 12.05c; April. 12.03c; May. 12.07c Cotton spot closed quiet, 15 points lower. Middling uplands, 16.63c; middling gulf, 12.80c. Sales, 817 bales. Wool at St. Louis. ST. LOUIS. Aug. 20. Wool firm. Me dium grades, combing and clothing, 22 20c; light fine, 204 26 4c; heavy fine, 184 21c;- tub-washed. 25 37c. Flaxseed at Minneapolis. MINNEAPOLIS, Aug. 20. Flax closed at 1.44. Metal Markets. NEW YORK. Aug. 20. The market was strong and higher for tin today. Prices were-as follows: Spot. S0.1530.25c; Oc tober, 30.45 30.55c. The London market closed firm with spot at 136 15s and fu tures at 1137 17a Copper was also higher, with the market closing firm. Sales were reported of 125 tons of Superior at 1 2.80c. The closing quotations of the standard coppers follow: Spot. 12.75 13.00c; August. 12.80 13.05c; September and October, 12. So 13.00c; No vember, 12.8o13.00c; December. 13.00 13.10c. The London market closed firm with Spot quoted at 59 9s 6d and futures at 60 6s 3d. Local dealers quoted Lake Cop- LOLO PASS BIDS RECEIVED Northern Pacific Expected to Let Contruct In Few Days. LETWI&7TON, Idaho, Aug. 20 (Special.) It has been definitely learned from con tractors that . bids for construction of the Northern Pacific Clearwater Short X.Ine from Kooskia to the summit of the Bitter Root mountains; where a connec tion with the contract awarded out of Missoula will be effected, have been in the hands of the railroad officials for the past several days, and the announce ment of the contract Is expected within the next two weeks. Heavy lock work will be encountered for the greater part of the distance, the initial construction out of Kooskia being the driving of a 1000-foot tunnel. All sections of the line for a distance of 50 miles are easily accessible by pack train, and It Is understook the work will be commenced at & number of places this Fall and prosecuted throughout the Win ter. Rock camps for Winter work will be established on the upper- Locksaw, but the big force will be located on the lower river until next Spring, when grade Bonds Investments CALX, OR WRITS T. S. McGRATH Lumber Kxrkng, PORTLAND, ORJSGOK. camps will be opened the entire length of the contract. Preliminary to the heavy traffic on the Clearwater road, the company is now preparing to practically reconstruct the line from Kooskia to Arrow Junction, where connection with the Palouse line Is effected. New ties are being scat tered the entire distance, and a large force of men will be engaged during the Winter In reducing the curves and Im proving the roadbed. QUINN BABY FOUND ALIVE Police Believe Child's Mother Is Insane. SPOKANE, Aug. 20. Police Chief Sulli van announces that little Irene Quinn was not murdered, as claimed by her mother, at Bellingham, but is safe and sound in the Home of the Friendless here. Mrs. Thomas Quinn, the child's mother, was arrested at Bellingham after accus ing her own mother of strangling the baby. It now appears that the child was placed in the orphanage here by Mrs. Quinn herself on August 4. "The mother must be Insane," explained Chief Sullivan. Attend Rosenthal's shoe sale. TRAVELERS' GLIDE. IF TKEV ONLY KXKW I A world traveler wrote back to a friend about his trip by the S. S. Mariposa: "I want so to tell you that this ship is up to. if not better than, apy ship I have ever known, and other passengers said the same. I think if it were widely known that such a good ship were on the line the company would have more passengers than they could carry." TAHITI and return, $123, first class; WEL LINGTON, N. Z.. and return, J260; SOUTH 8KA ISLANDS all of them), three months tour, $400. Book now for sailings of Sept. 11, Oct. 17 and Nov. 22. Line to Hifcwali, $110 round trip. Sailings every 21 days. OCEANIC 8. 8. CO., 873 Market street, Ban Francisco. Jfamburg-Jkmsriccm, All Modern Safety Bev.ce. (Wlreleafc, Etc.) lyonion FsvrlH Hamburg. P. IittcIn(ncw)Auff. IS1 Waldersee Sept. 1 Cincin'tl(nw) Aug. 21 Clevetandnew)Sppt. 4 Bluecher Auk. M P. Grant (new) Sept. 8 tAmertka Aug. 2S;JKalserineA.V.Sept. 11 JRita Carlton a la Carte Restaurant. Hamburg airect. Tin Gibraltar, Naples and Genoa. ITALY S. 8. MOLTKE, Sept. 0. Oct. 21 S. S. HAMBURG, .Sept. 30. Nov. 18 Tourists Depart, for Trips Everywhere. Hamburg-American I.lne, 100 I'onell St.. Ban .Francisco, and Local Agents. I'urtland. NORTH PACIFIC S. S. CO. For Eureka, San Francisco and Los Angeles direct. The steamships Roa noke and Elder 6ail every Tuesday at i P. M. Ticket office 132 Third, near Aider. Phones M. 1314 and A 1314. H. YOUNG, Agent. SAX FRANCISCO PORTLAND 8. 8. CO. Only direct steamer and daylight sailing. From Ainsworth Dock. Portland, ft A. M. State of California. Aug. 1. S.S. Rose City. Aug. i. 8rpl. 11. From Pier 40. Sail Francisco. 11 A. M. S.S. Rose City, Aug. 21, Kept. 4. 8.8. htate of California, Aug. 20. J. W. Ransom, Dock Agent. I Main 2S Ainsworth Dock. M. J. ROCHE, City Ticket Agent, 142 Sd St. Pnone Main 402, A 1402. COOS BAY LINE The Bteamcr BREAKWATER leaves Port land every Wednesday. 8 P. M.. from Ains worth dock, for orth Bend. MarwhAeld and Coos Bay points. Freight received until 4 P. M. on day of sailing. Passenger faro, flrst class, $20; second-class, $7, Including berth and meals. Inquire city ticket ofrtre. Third and Washington street, or Ainsworth dock. Phone Main 26S.