TIIE MORNIXG OREGOXIA3T. WEDXESDAY, AUGUST 35, 1909.
- ' i l
WILL FOLLOW EAST
Dairy Produce Market Prom
ises to Be High.
SMALL SUPPLY IS STORED
Local Cheese Quotations Begin Their
Advance Today Butter Is Firm
at Tester day' Rise Quiet
Trade in Grain.
There will not be enough cheese made In
Oregon thl season to carry the market
through until next season, according to
authorities In this Una. The result will be
materially higher prices during the "Winter.
As for the supply. It la likely a large part
of It will have to come from the East,
or else prices on the home product will be
so high as to curtail consumption.
The market is Tory strong now and be
ginning to advance. The quotations put
out by the leading distributors this morning
will show an advance of half a cent al!
around, the new price of flats being 1TH
5 cents.
There Is Tory little cheese on sale in the
local market at the present time, and the
Coast factories are sending out their
product as fast as It Is ready to ship. This
has been the flnrt time In years when there
: has been no accumulation of cheese In the
flush season. There Is very Utile cheese
In storage here.
Similar conditions prevail In the butter
market. Storage stocks In Portland are
unusually Bgbt and Vocal prices during the
Winter season will follow clwly the fluctu
ations In tha Eastern markets. The general
tendency throughout the country la toward
higher butter prtcea The annual estimate
of butter holdings In 82 cold storages lo
cated East and West by Howard. Bartels
Co has been Issued and shows 43.124.
64S pounds, against 66.085.480 pounds In
storage at the same time a year ago and
89.T10.826 pounds at the same time In 190T.
The new price of 88 cents was quoted
by the city creameries yesterday morning
and tho market was active and Arm at the
' advanca
HOITICKWO STARTS AT MIDDLETON.
Bnt Harvest Will Not Generally Start TTntll
Next Week.
The first report of the commencement of
hop-picking comes from the Sein yard at
Mlddleton. A few other email yards will
start In a day or two and ths Krebs yard,
at Independence, will have lt pickers at
work Saturday morning. The majority of
the growers of the state will not begin harvest
until after the first of the month.
Hop-picking began In California about two
weeks ago and samples of new Sacramento
hope have reached this market.
Crop reports from the 'Willamette Valley
show no change In the condition of the yards
a.i regard vermin. The outoome win depend
entirely on the weather of the next two or
three weeks. .
There Is no new business In the Portland
or Salem markets. The report from Indepen
dence of the contracting of the Portertleld
hops waa Incorrect.
KITE JtRtlT Hf GOOD DEMAND.
Much Greea Brock Coming and It Bells
Slowly.
Thar was a strong demand for ail kinds
of rtpe fruit yesterday, but a good deal of
green stock waa offered and this dragged.
Supplies were large.
Another car of Ashland peaches was re
ceTved and they sold at 90 cents to $1 per
box. Small green peaches moved at 609
To" cents. Good cantaloupes were In demand
and watermelone were firm.
Tokay grapes were mors plentiful and were
held at $1.7B84 per crate. Malagas sold at
$1.89. Muscats at 8131.2S and blacks at
e0ce$L. Plums are more numerous and are
sailing at an kinds of prices. A good many
crabapplea are coming tn. but Cher Is hardly
any sad for them. They ara quoted at $1.28
(JO-BO m appl boxes and COOTdo In peach
bujjaa. yfflywi have turned firmer im Cali
fornia. XiOCAI. GRAIX MARKET IS QUIET.
Receipts of Wheat Are Steadily Increasing.
Prices Unchanged.
Tha local wheat market was not very ac
tive yesterday and reports from the country
were of light trading. Cables offered no
encouragement to exporters. Prices were
unchanged.
Local receipts of wheat are Increasing,
as shown by the following report of the
Merchants' Exchange:
Wheat Barley Flour Oats Hay
Monday ... 4 2 11 8 80
Tuesday 86 1 .. J 6
Tear ago Tl 9 1 3 14
Total last week. 122 7 15 29 64
Eggs SeU at 0 Cents.
Yreah eggs are so scarce that the price of
ranch stock has gone to 80 oents, though sales
were still mad at 29 cents yesterday and one
dealer, who had not kept posted, put his quo
tation at 28 cents, but the rapidity with which
2ia cleaned up hts supply soon showed him ha
was below the market.
Thar was a stroag demand for poultry, with
recelpta rather light. Eena and 6prlag chick
ens were quoted up to 16 centa
Bank Cleaclnga,
Clearings of the Northwestern cities yes
terday were aa follows:
Clearings. Balancea
Portland 832.227 1113.211
Seattle . 2.208.825 253.600
Tacoma 934.C.12 86.124
Spokane 6i2.52S 94.749
PORTLAND MARKETS.'
Grain. Flour. Feed. Etc.
WHEAT Track prices: 'New crop, blue
stem. 84c; club. 8Sc: red Russian, SSi-ic;
Valley. 0c; Turkey red. Sc; 40-fold. 89 Sc.
FLOUR Patents. $6.25 per barrel;
straights. $5.30: exports, new. $4; Valley,
15. So; graham. $5.tfj; whole wheat, quarters.
BARLEY Feed. $25.5026; brewing.
$2.SOa7 per ton.
OATS September. $27 .505)28.50 per ton.
CORN" Whole. 35; cracked. St per ton.
MILLSTUFFS Bran. $26 per ton; mid
dlings. $33: shorts. $2932: chop. $2229;
rolled barley. 2J0.
HAT New crop: Timothy. Willamette
Valley. $1216 per ton; Eastern Oregon,
$173 IS; mixed. $15.50916.50; alfalfa.
$13.50; clover. $11313; cheat. $13914 50.
GRAIN" BAGS 6o each.
Dairy and Country Produce.
BUTTER City creamery. extras. ' 83c:
fanc-y outside creamery. 2A-033C per
pound; store, 21 8 23c. tButter fat prices
average lfec per pound under regular but-
teEii&riOregon ranch, candled. 28 930c
per dozen.
POULTRY Hens. 16ftl64e: Springs. IB
18c; roosters. 9010c; ducks, young. 14ci
geese, young. 10c; turkeys, 20c; squabs,
SI 7fS?2 per dorcn.
CHEESE Full cream twins, ITHOlScpeT
pound; young Americas. lSBlftc.
FORK Fancy. 1111c per pound.
VEAL Extra. H10c per pound.
Vegetables and Fruits.
FRESH FRUITS Apples. new. 1191
per box; pears, $1.753 per box; Pch.
50c o $110 per crate; cantaloupes. Il.on'
2..0 per crate; plums. 35Oc per box; wat
ermelons, ltrme per pound: grapes. 0c
$2: rasiita.-. $l.sO per doien.
POTATOES Oregon. $1 per sack, sweet
potatoes. He per pound.
TROPICAL FRUITS Valenrtae. $3SM.
lemons, fancy, $6ffi6.50; choice, .50;
. - W
grapefruit. 13 50 per box: bananas, 65Ho
per pound; pineapples. $1.763 per dozen.
SACK VEGETABLES Turnips, 75c&$l
per sack; carrots, $1; beets, $1.25.
ONIONS New. $l.2 per sack.
VEGETABLES Beans. 4fi5c; cabbage.
eHVc per round; cauaflotver, 4ucl
per dozen: oelery. &uc"s vvr .
1520c per dozen; cucumbers. 10-e per ,
dozen: eggplant. 8tl0e per pound; tul
hothouse. $1 per box; onions. 1201;;c per
dozen; parsley. 35c per dozen; peas. ,c i per
Dur.d: peppers. 6i?lc per pound; radishes,
15c per dozen: spinach. 5 c per pound,
squash, 8c; tomatoes, fc5c6$l.
Groceries, Dried Fruits. Etc.
DRIED FRUIT Apples, Xc per pound;
peaches, 7!48c; prunes, Italians. 5 "4 9
8ic: prunes. French, 46c; currants, un
washed, cases. 9Vc; currants. washed,
eases, 10c: figs, white fancy, 50-lb. boxes.
6c; dates, TeTiic.
SALMON Columbia River, 1-pound tails.
$2 per dozen; 2-pound tails, $2.95; 1-pound
flats $2 10t; Alaska pink, 1-pound tails,
90c;' red, 1-pound talis. $1-45; sockeyes,
1-pound tails. $2.
COFFEE Mocha. 24 628c; Java, ordinary,
1720c; Costa Rica, fancy, 1820c; good.
16i&18c: ordinary. 1216c per pound.
jitts Walnuts, 12$13c per pound by
sack; Brazil nuts, 10c; filberts, 15c; pea
nuts, .7c; almonds, 13914c; chestnuts; Ital
ian, lie: peanuts, raw, 5c; plnenuts. 10
12c; hickory nuts. 10c; cocoanuta, 0c per
dozen.
SUGAR Granulated. $5.75; extra C, $5.35;
golden C. $3.25; fruit and berry lucar,
$5.85; Honolulu plantation, tine grain. $6.25;
cubes (barrel), $6.40; powdered (barrel),
$6.10. Terms, on remittances within 15
days, deduct e per pound; If later than
15 days and within SO days, deduct He per
pound. Maple sugar, 15918c per pound.
SALT Granulated. $13 per ton. $1.90 per
bale; half ground, 100s, $7.50 per ton; 50s
$3 per ton.
BEANS Small white. 7Hc; large white.
6Hc; Lima, 554c; bayou, 6ftc; red kidney,
4c; pink. 454c
Provisions.1
BACON Fancy, 250 per pound: standard,
Elo- choice, 20c; English, 18 19c.
DRT SALT CURED Regular short clears,
dry salt. 14c; smoked. 15c; short clear backs,
heavy dry salted. 14c; smoked, 15c; Oregoa
exports dry salted, 15c; smoked. 18c.
HAMS 8 to 10 pounds, 17c; 14 to 16
pounds. 17o ; 18 to 20 pounds, 17c; hams,
skinned. 17c; picnics, 12c; cottage roll. 13c;
boiled hams. 235492454c; boiled picnics. 20c
LARD Kettle rendered. 10s, 1654c; 6a
16e; standard pure: lOs. 1554c; 5s, 15ci
choice, 10s. 14 54c: 5s. 14 He Compounds.
10s. 9o; 5s. 9'c.
6MOKED BEEF Beef tongues, each.
60e; dried beef sets. 19c; dried beef out
aldes. 17c; dried beef tneldes, 21c; dried
beef knuckles, 20c.
PICKLED GOODS Barrels: ' Pigs' feet,
$18; regular tripe, $10; honeycomb tripe.
$12; pigs' tongues. $19.50.
PORTLAND LIVESTOCK MARKET.
Prices Quoted Locally on Cattle, Sheep and
Hogs.
Receipts of livestock were Heavy yester
"day. but the market waa in fairly good con
dition throughout. Cattle continued firm
and some good grade steers moved at top
price There was a good demand for fancy
pork, which was strong, but tne heavy of
ferings of sheep (weakened that line, though
Monday's prices were again quoted. The re
ceipts for the dsy were 514 cattle, 1396
sheep and 95 hogs.
Local prices quoted yesterday were as fol
lows: CATTLE Steers, top. $4.60T.60: fair to
good. 4fr$4 25; common. $3.754: cows,
top. $3.40ii 3.6.1; fair to good. $313.25; com
mon to medium, $2.50 2.75; calves, top. $5
5 BO; heavv. $3. 5094; bulls and stags,
$J.75'S S.25; common. $292.60.
SHEEP Top wethers. $4: fair to good,
$3 505(3.75; ewea. He loss tyAll grades; year
lings, best. $4: fair to d. $3.6033.76;
Spring 1-imba, $5.2500.60.
HOGS Best, $8.75; fair to good. tSU
$.&; stookers. $97; China fats, $7.50 9 8.
Ka stern Livestock Markets.
CHICAGO. Aug. 24. Cattle Receipts, esti
mated, 15.000; market, steady. Beeves, $4.40
7 85; Texas steers, $45.40; Western eteers,
$4,409-6.40; stockere ar,.l feeders. $3.B0'3'5.2K:
cows and heifers, $2.25r6.40; calves. $t;68.M.
Hogs Receipts estimated. 9000; market. 5c
higher. LlKht. $7.6598.20; mixed. $7.5026;
heavy, $7.2(ifiS25; rough. $7,209.50; good to
choice heavy. $7.6098.25; pigs, $798; bulk of
sals. $7.66S.10.
Sheep Receipts, estimated. 20.000; market,
steady. Native. $2.759.65: Western. $R.
4 65: yearlings, $4.4oti5 50: lambs, native, 4.2S
97.75; Western, $1.50'P8.5O.
KANSAS CITY, Aug. 24. Cattle Recelpta.
18 000; market, steady. Native cows and
heifera $2g'275: stockers and feeders. $3,050
6 20; bulla, $2.75fi4; calves. $3.5097.60; West
ern steers. $3,80978; Western cows, $2,759
4.60.
Hogs Recelpta. n00; market, Be to lOc
higher. Bulk of sales, $7.70ir7.0: heavy,
$7.8097.90: packers and butchers, $7,759-7.95;
light. $7.506-7.90: plw, $7.25.
gheep Receipt. 6i00: market, steady. Mut
tons, $4 2.YS6.25; lambs, $B'-7.fi0; range weth
ers, $495.25; range ewes. $3.6094.76.
OMAHA Aug. 24. Cattle Receipts. 900;
market, steady. Western steers, $3.8098.76;
range cows and heifers, $2.7M)4.25 ; ranneis,
$17562.75: stockers and feeders. $t.75'-5.25;
ca'.ves. $3.2594.60; bulla and 6 tag a. $2,759
4.76.
Hogs Receipts, 8700; market, strong.
Heavy. $7.80'r7.S0; mixed. $7.4597.65; light,
$7 60f7.8O; pigs. $6 2581.25; bulk of sales,
$7.4Og-7.70.
Sheep Recelpta 16.000; market, steady.
Wethers. $3.6094.65; ewes, $3.6094.85; lambs,
$6.6097.40.
Metal Markets.
NEW YORK. Aug. 24. The tin market
was easy today, with spot closing at
BO.I7H 0.4754c; August, 30.40930.60; Oc
tober, 30.45 B 30.60c The only transaction
reported on the New Tork Exchange was 25
tons September ex-dock at SO. 40c. The
London market waa a shade lower, with
spot quoted at 13$ and futures at 139
2s d.
The market for standard copper waa a
shade lower on the average, but closed
steady at the following quotations: Spot
and August, 12.5lS.00o; September, 12.68
912.85c; October, 12.76 9 13.00c; November.
12. 9591S. 60c: December, IS. 05 13.0754c
Local dealers quoted lake copper at IS. 12 54
913.8754c; electrolytic at 12. 8713. 1254c;
casting, 12.6254 912.75c The London mar
kst closed steady, wltlh spot quoted at 69
17s 6d. and futures at 160 16s 3d.
Lead was easy, with spot at 4.80Q4.40O
at New Tork. and 4.2o94.S(o at East St.
Louis. Tbe London market was unchanged
at 12 s fid."
Spelter closed quiet with spot quoted al
6. 7095. 80c, New Tork, and 6.6254 96:75c,
East St. Louis. The London market was
unchanged at 22.
Locally the Iron market was steady.
Eastern Mining Stooka
BOSTON, Aug. 24. Closing quotations:
Adventure . . .
Alloues
Amalgamated
Ariz Com
Atlantic
7 iMohawk 11
46 Mont C sc C 80
85 N"evada 24 54
4.1 VlOld Doiplnlon... 56 54
105 'Osceola 145
2554!Quincy 91
Butte Coal..
Cal & Ariz 104 .Shannon 15
Cal A Hecla 6SO 'Tamarack - B7
Centennial S7 Trinity 1254
Copper Range.. 825k United Copper... 105
Daly- West 8 U. B. Mining.... 53 V
Franklin 1654 U. S. Oil 3554
Granby 100 Utan, 5
Oreene Cananea. 9 54 (Victoria 4
Isle Royale 2754,Wlnona ........ 6
Mass Mining.... 7H Wolverlne 154
Michigan B.Aoria buub ov-
Coffee and Sugar.
NEW YORK. Aug. S4. Coffee future
closed steady, net unchanged to f Ipolnts
higher. More than half of the business con
sisted of switches, the aggregate being 22,
500 bags. Including September at 5.85c, De
cember at B.SOc. March at 6.S5c, May at
8.40c July at 5.4095.45c Spot coffee quiet.
Rio, No. 7. 7 54 7 fee; No. 4 Santos. $54 9 9c
Mild coffee, quiet: Cordova, 854 912c.
Sugar Raw. steady; fair refining. S.eloi
centrifugal. 96 test. 4.11c; molasses sugar,
8.36c Refined steady and unchanged.
Dairy Produce In the East.
CHICAGO. Aug. 24. Butter Strong;
creameries. 24 928c; dairies, 2154 926c
Eggs Receipts. 10.398; steady at mark,
cases included. 18c; flrsts, 20c; prime firsts,
2154C
Cheese Firm; daisies, 155418ic; twins,
1454Hc; young Americas, 1554915c;
long horns. 154916.
w Tork Cotton Market.'
NEW YORK. Aug 34. Cotton futures
closed steady. August. 12.37c; September.
12.29c; October. 12.2SC; November. 12.26c;
December. 12 2Sc; January, 12.26c; March
and April. 12.29c; May. 12.30c.
Spot cotton closed quiet, middling uplands
12.76c; middling gulf. 13c. No sales.
Wool at St. Louis.
ST. LOUIS, Au- 2. vVool Unchanged;
territory and Western mediums, 239c;
fine mediums, 22924c; fine, 13 919c
WALL STREET WAITS
Pending Harriman's Arrival,
Other News Is Ignored.
MARKET A DULL AFFAIR
Stocks Fluctuate TTncertainly on
Iiight Trading Expected In
crease in Demand for Money
Does Kot Materialize.
NEW. YORK, Aug. 24. Operations in the
stock market today were governed largely by
circumstances attending the arrival of E. H.
Harrlman. Almost all other considerations
were overshadowed by thto one event. It
was in truth a waiting market, waiting for
word, good, bad or Indifferent, concerning
the distinguished passenger on the trans
Atlantle liner Kaiser Wllhelm II.
The "street" waa ahowered all day with
bulletins recording the progress of the ship
towards port, aad some " encouragement was
manifested In a wireless message sent by
the railroad magnate to the Associated Press,
some hours In advance of his landing, where
in he spoke of his condition aa being good,
and reiterated his statement of June 1 last,
the substance of which was that the country
was going forward In a fclghely satisfactory
maimer.
Opening prices were a reflection of the un
certain undertone. The movement was ir
regular, with fractional advances In many
of the better known Issues, which soon turned
to substantial losses. From this low level
there was a rally and some activity until
noon, when announcement of the regular divi
dends on Union Pacific oommon and preferred
and Southern Pacific oommon gave the snort
another excuse to sell those stocks.
Recovery was rapid, however, and by 1
o'clock practically the whole list was above
the previous day's best prices." Reading and
United States Steel were among the principal
Issues In today's trading. The market as a
whole waa rather narrow, with a marked
diminution In tha volume of buelness. Firm
ness prevailed during the final hours, with
some revival of the early activity, but the
closing was dull and generally lower than
on the previous day.
The commodity markets were again unset
tled at Chicago, September and December
wheat options closing lower.
Apart from" rather sanguine forecast re
garding the earnings of the United States
Steel Corporation for the current quarter, the
most interesting Industrial newa of the day
was aa advanps by one of the independent
mllla of $1 per ton on steel bar. It Is be
lieved that this move will be followed by
other manufacturers.
Th local monetary situation was extremely
dull and uninteresting. Last week's prom
ises of an Increased demand for money at
the higher rates thus far are unfulfilled.
The bond market was irregular. Total sales.'
par value, $2,967,000. Government bonds
were unchanged
CLOSING STOCK QUOTATIONS.
Closing
Sales.
AJlls Chalmers pf Sofl
Amal Copper .... 6.8O0
Am Agricultural. . 1,600
High. Low.
6454 6354
Bid.
63 i
85
.4f-
4tl54
6354
6754
73
49X
85 '4
4f
4b
8354
68
74
4954
8654
8454
48
44
88)4
67
74
Am Feet Sugar..
12, BOO
800
1.600
2O0
200
600
Am Can pf .....
Am Car & Foun.
Am Cotton Oil ..
Am Hd & Lt pf.
Am Ice Securl...
Am Linseed Oil-
84',
34
Am Locomotive.
6,900 63
60
Am Smelt A Rat.. 12.6O0 100
99
100
do nreferred
1,300 114 11454 114
Am Sugar Ref. u
Am Tel & Tel
Ab Tobacco pt..
Am Woolen
Anaconda Mln Co.
Atchison . .
do preferred . . .
Atl Coast Line...
200 131 54 181
1.200 14C 14054 140
ZOO lOls 10154
100
87
87 "4
4054 .
87
600
9
49
11,900 119i)4 HS 11954
100 104 104 104
100 139 139 137
Bait Ohio .. 1.00 11854
117 118
9354 93
do preferred )0 W3i
Bethlehem Steel .. 8,900 33
32
80 54
S3
18
39
108
815
82
6654
10
196 4
Brook Rap Tran. 8.700 hO
Canadian Pacific ..
Central Leather .,
do preferred . . ,
Central of N J...
Ches St Ohio
Chicago & Alton.
Chicago at West,
3.100 186 18..
4,900 40
100 109
89
109
8l'
66 4
9
10,500
1O0
4,400 -
824
604
1054
Chicago & N
100 19B
C, M & ft Paul.. 4,900 16954 157 158
C. C. C & St L . 100
74 ,
74
74
Colo Fuel Iron.. 7,700
Colo A Southern... .....
do 1st preferred. ......
4
46
45
63
8154
8054
14P4
24
193
4954
87 H
65
4454
do preierrea.
Consolidated Gas..
Corn Products . . .
Del eb Hudson..
D St R Grande ...
do preferred ...
Distillers' Securl..
Erie
do 1st preerred.
do 2d preferred.
General E-lectrio ..
Gt Northern pf. ..
Gt Northern Ore. .
Illinois Central ...
Interborough Met.
do preferred ...
Inter Harvester ..
Inter-Marine pf ..
21,200 149H .14854
75,200 255 2454
2.200
8,800
200
85.700
1.600
SK10
6054
8S14
88 '4
87 54
6354
44 V
4954
87
SRT4
3i
63
4354
10M
8.300 153 15.1 15354
2,fK R24 82 82
800 156 15654 156
00 1554 1454 14
700
100
100
48
47 54
89
2154
17
48
30
48
T
88 54
8054
2154
1954
4314
30
49
74
2154
1854
48
80
4854
74
164
6854
42
7554
106
Int (Paper
9.20O
Int Pump 2,100
Iowa Central .
600
K C Southern ...
do preferred ...
Louisville & Nash
Minn St Louis.
2.600
1.000
74
tPO 154 15454
800 65 6454
M St P & S S M.
Missouri Paclfio
Mo. Kan Texas ,
do preferred ... 42,000 75
National Blsoult M
National Lead
76
92
62
Mex Nat Ry 1st pf 100 -68
sit
6354
N Y Central
17,600 143
1414 142
N Y. Ont West.
1.000
4954
4 49
Norfolk St West..
North American ..
Northern Pacific...
Paclfio Mail .....
Pennsylvania .....
People's Gas .....
600
94t4 94
83 H 84
600
8,800 162 160
106
32
4.000 141 140 141
8,000 118
II8T4 HT
P. C C St L. . . . .
Pressed Steel Car. L200
Pullman Pal Car. ......
Ry Steel Spring.. 200
"oi"
'io'
80
60
199
60
no
Reading
..U1.I00 162 160 161
Republlo Steel ... 2,000 39
37V 88
do preferred .
Rock Island Co
600 106 106 105
11.700 40 39 40
do preferred ... 2.500
St L 4 S F 2 Pf. 600
St L Southwestern
do preferred . . . 400
Sloss-Sheffield 400
78
56
78
78
6654
'66
85
183
81
71
89
50
66
2
. 67
84
134
81
71
38
39
60
70
200
109
82 5
64
67
86
Southern Pacific 67.800 184
Southern Railway. 2.300 81
do preferred ... 300
Tenn Copper ....
Texas & Pacific 11.700
Tol. St L & West. 900
71
'40'
61
do preferred ... '
70
Union Pacific ...108.600 210 Sn8
do preferred
0,200 1VM iwfc
TT H Ren
J TJ S Rubber 4.800 65'
64
U 8 6teel 139.000 78
do preferred ... 2.000 125
Utah Copper 10061i
Va-Caro Chemical. 400 48
7604 77i
126 125
61
51
48
21
66
80
74
10
66
4K
21
66
6
87
78
10
Wabash 1.800
do preferred ... 18.800
Western Md .8,200
Westlnghouee TEleo 800
Western Union ... 1.800
Wheel & L Erie. 1.000
Wisconsin Central. 100
21
'It
87
76
57 5
67
Total sales for the day. 783,700 shares.
BONDS.
NEW YORK. Aug. 24. Closing Quotations:
U. S. ref. 2s reg.lOON Y C O 8s... 91
do coupon 10X1 (North Pacific Ss. 74
TJ 3. Ss reg 101'North Pacific 4s. 103
'do coupon lflilIUnlon Pacific 4s. 103
U S new 4s reg.H6Wlscon Cent 4s.. 95
do coupon. .. .118 (Japanese 4s 86
D A R Q 4s. ... 97)
Money. Exchange. Etc.
LONDON. Aug. 24. Bar stiver, quiet at
23 9-16d per ounce.
Money. per cent. .
The rate of discount in the open market for
short bills Is 161 7-18 per cent; for three
months bills, 11 9-16 per cent.
SAN FRANCISCO, Aug. 24. Sterling on
London. 60 days, ii.85; sight, 4.87.
Sliver bars, 61 c.
Mexican dollars, 45c
Drafts Sight, 2c: telegraph, 6c
NEW YORK, , Aug. 24. Prima mercantile
paper, 4-4 per cent.
Sterling exchange steady, with actual bust-
Bess in bankers' bills at 84. S535 4.8540 for
60-day bills and at 4.S690. for demand; com
merclar bills, $4 84?4f 85.
Bar silver, 61 c
Mexican dollars, 44c.
Government bonds, steady; railroad bonds,
irregular.
Money on call, steady at 2 354 per cent;
ruling rate and offered af 2 per cent; closing
bid, 2 per cent. Time loans, very dull; 60
days, 2i&3 per cent: 90 days, 85g3 per
cent; six months, 4 per cent.
Stocks at London.
LONDON, Aug. 24 Consols for money,
84 6-16; do for account, 84 5-16.
Amal Copper... 87 54 IN. Y. Central .. ( 146
Anaconda 105 (Norfolk & West, 97
Atchison 122 5 1 do pref 91
do pref 107;Ont & western.. 50
Bait & Ohio. ... 121 5 Pennsylvania ... 62 54
Can Pacific llllRand Mines 10
Ches & Ohio 84 54IReading S3
Chi Grt West... 10:Southern Ry Sit
C. M. & S. P
.163
do pref - 73
De Beers
D & R G
do pref
16
50
N9
South Pacific 138
Union Pacific. .. .215
do pref 112
0. S. Steel 79
do pref ... . .128
Wabash 22
do pref.. 57
Spanish 4s 95
r
do 1st pf 65 54
do 2d pf 4
Grand Trunk... 24
111 Central 161
Mo. K. & T 43
Daily Treasury Statement.
WASHINGTON. Aug. 24 The condition
of the treasury at the beginning of business
today, v.-aa as follows:
ooTdrucsoinundr. : nfi'isr.
Silver dollars .' 4SH22'XXX
Silver dollars of 1S90 4.129.000
Silver certificates outstanding. .347, 306,000
General fund
Standard silver dollars in general
fund , 4.611,273
Current liabilities , 8101.896.788
Working balance In treasury
offices , 29,413.675
In banks to credit of Treasurer
of the United States : . 89.648.633
Subsidiary silver coin A?,'ioo
Minor coin - 2.035,800
Total balance In general fund. . . 9,30J,s
BUTTER WILL ADVANCE
SEATTLE MARKET AFFECTED fiY
PORTLAND RISE.
Peaches and Grapes More Plentiful
and Weaker Little Business
In Grain Trade.
SEATTLE!, Wash., Aug. 24. Special.)
The dairy produce market was characterized
today by its exceeding firmness." Butter
stiffened partially through the Influence of
the Portland market end wholesalers say
that Washington creamery will Jump 2 cents
per pound before the week Is ended. Local
ranch eggs are still firm at 83 cents. The
demand for cheese io dropping off because
of present prices.
The first Wolff River apples from Wenat
chee arrived on the market today. Because
of heavy shipments, peaches weakened this
morning. Potatoes are firmer. Malaga grapes
showed a tendency to weaken. The market
Is overstocked with California tomatoes and
they are going begging.
The grain situation is unchanged. Basern
Wsshtngton farmers, despite recent declines,
are still holding their grain, expecting higher
prices.
Local mllla have not yet started operations,
because of a lack of wheat, and opening prices
on patent flour have not been announced.
QUOTATIONS AT SAN FRANCISCO.
Prices Paid for Produce In the Bay City
Market.
BAN FRANCISCO, Aug. 24. The follow
ing prices were quoted in the produce mar
ket today:
Millstuffs Bran. ,128.6030;, middling
S36.3037.50. .an..
Vegetables Hothouse cucumbers, 25STB0C,
string beans, 2 Sc; tomatoes, 6ocjl;
garlic, 8(&5c; green peas. 2fc2c; eggplant,
404itifc.
Butter Fancy creamery, 82c; creamery
seconds. 29c; fancy dairy, 27 54 c; dairy sec
onds, 24 c.
Poultry Roosters, old, 4.505: young,
$6 009.00: broilers, small, I2.50S3.0O,
large 3.25 3.50 ; fryers, 5.60g.60; hens.
4.o09; ducks, old, S5ij6; young. J68.
Bgg Store. 86c; fancy ranch, 40c.
Cneese New. 15 16c; young Americas,
13 10c.
Hay What. 15(6fl8: wheat and oats.
tlS16.60; alfalfa. $11113; stock. $710;
barley, $12gil3; straw, per bale, 6075c.
Fruits Apples, choice. 85c; common, 30e;
bananas. 75c 13; limes, $5; lemons,
choice, J3; common, H.50; pineapples, 11.60
fal. 50.
Hops Contracts, 1908, lSiWOc.
Potatoes River reds. 65-SOOc; Salinas Bur
banks.' 11.25i8l.BO; sweets, ?22.26.
Receipts Flour, 2770 quarter sacks; wheat,
1900 centals: barley, 5630 centals; beans, 1500
sacks; potatoes, 4296 sacks; bran, 115 sacks;
hides, 965.
Chang in Available Supplies.
NEW YORK, Aug. 24. Cable and tele
graphic communications received by Brad
street's show the following changes in avail
able supplies as compared with previous ac
count: Increase.
Bushels.
Wheat, V. 8., east of Rockies 530,000
Canada 688,000
Total, TT. S. and Canada 53,000
Afloat for and In Europe 1,000,000
Total, Am. and European supply.. 847.000
Corn. U. S. and Canada 41S.OOO
Oats. TJ. S. and Canada 3,047,000
Decrease.
Dried Fruit ac New York.
NEW YORK, Aug. 24. Evaporated apples,
quiet: fancy, 89c; choice. 88 8c;
prime. 77c; common to fatr, 66c.
Prunes. locally unchanged; California,
a 1154c; Oregon, 6a 9c.
Apricots, firm; choice, 1010c; extra
choice, 1010c; fancy, ll13c.
Peaches, firm; choice, 554 6c; extra
choice, 66c; fancy, 73'8c.
Raisins, unchanged; loose Muscatels, 3
4Hc; choice to fancy seeded. 46c; seed
less, 88c; London layers, fl.15Ql.20.
Coffee. Exchange Will Close. '
KBW YORK, Aug. 24. The coffee ex
change here will be closed Saturday, Sep
tember 4, and Monday. September 6.
Flak Seed at Minneapolis.
MINNEAPOLIS. Aug. 14. Flax, 1.44.
HOPPICKERS ARE SCARCE
J. L. Kruse Preparing for Harvest of
Excellent Crop.
OREGON CTTT, Or., Aug. H. (Spe
cial.) J. L. Kruse, a well known hop
man of the Stafford country, passed
through the olty today and states that
lt Is going to be difficult to secure pick
ers when the season opens, probably next
week. Mr. 'Kruse paid 80 cents per 100
pounds last year. -His hops ara free from
lice and have little foliage, but are looking-
fine. , .
For the first time the Kruse yard has
Buffered from the ravages of cut worms.
On 10 acres Mr. Krnse threshed 1136
bushels of oats, an average of 113.6
bushels to the acre. These are Winter
oats and brought him $30 per ton at
Portland, or 48 cents per bushel, being
loaded on the cars at Wllsonville. -
HIGH PRICES FOR PEARS
Meaford Product Sells for $3.23 Per
Box In Chicago.
MEDFORD, Or., Aug. 34.-(Speclal.)
Sixty cars of Bartlett pears have been
shipped from Aredford during the past 14
days, and telegraphic reports say the de
mand for Oregon pears is Increasing.
In Chicago the flrat car of Rogue River
pears averaged $3.23 per box, and the New
York market . te hovering near the J4
mark today. The marketable yield Is
proving greater than was anticipated, and
the prices so satisfactory that orchard
ist are jabD"-
FUTURE OF PRICES
Complicated Position of the
World's Wheat Market.
CROP IS A LARGE ONE
But Encounters Practically Xo
Carry-Over Surplus From Last
Year Calculating Xext ,
Year's Possible Harvest.
The following article from the Minneapo
lis Tribune of yesterday was wired to the
Overbeck & Cooke Company, of this city:
The Northwest has raised a surplus wheat
crop this season. The- international market
for the cereal will he a factor of consider
able importance to Northwestern farmers,
because it will determine, in great part, the
prices. In the last three months the crop
outlook in the northern hemisphere, where
the bulk of the world's crop is grown, has
changed radically from the situation which
prevailed in the Spring. At that time tho
promise for winter wheat was dubious.
IJrouth In Central Europe and In the great
domestic wheat area of tho Southwest indi
cated a short yield. The results of the
harvest show that the damage was exag
gerated and the out-turn much larger than
expected, hut, on the whole, of moderate
proportions.
To offset this loss in Winter wheat, the
Spring wheat harvest of the world la of
record size. In the two great producing
countries, the United States and Russia, the
largest harvests In years are promised.
Preliminary figures estimating the 1909
world's wheat crop Indicate a production
well In excess of last year.
The 1908 world's crop was only a fair
production and following a moderate har
vest that was almost exhausted at the end
of the" season, a very nigh International
price level waa established and maintained
the greater part of the year.
Conditions from the immediate statistical
standpoint are fully as acute now as a year
ago. Stocks are abnormally low. prices are
about tho same, but there is more wheat for
distribution and the adjustment, which
waits on th.e general marketing, la still in
procesa
The acute supply and demand position
that has come about In the wheat market
In the last two years nas been attended by
many mishaps In the grain trade, owing to
complicated conditions which' lt developed
and the poor Judgment which many In
dulged In to their financial grief. The result
has been the adoption of a conservative
policy on the part of the commercial inter
ests Involved In the distribution of the
wheat and restricted consumption, as a re
mit of high prices. Statisticians and stud
ents of the wheat problem have been Im
pressed with the belief In a permanently
high level of wheat prices because of low
visible stocks.
Tha 1609 crop is ample enough to Te the
starting point of a fresh accumulation of
adequate reserves If it Is the beginning of
another period of larger production.
In 1907, the world raised the smallest
wheat crop since 1902. From the latter
year there was a steady enlargement of pro
duction, culminating In the record world
crop of 1900, which totalled 3.42S.400.000
bushels. This waa followed in 1907 by a
harvest 397,000.000 bushels smaller, but was
followed by the 190S crop which was
29,000,000 bushels- In excess of 1907. ana
now, the 1909 crop promises to be between
100,000,000 and 200,000.000 hushels larger
than last year.
From these figures lt is seen that the
present harvest has made the price prob
lem a debatable one. If we are In a pertod
of growing production, a return to more
normal price? is not unlikely to occur but
this will not be clearly detrmlnel,.an'"
the 1909 crop 1. under way. Much will be
made of the conditions surrounding next
year's production ' during the distribution of
the present harvest, paving the way for
possible wide price fluctuations. Aa a gener
al proposition, supply and demand will be
closelv adjusted the forepart of the season.
With the fuller marketing of the crop
there should be a two-sided situation. It
cannot be said that statistically the imme
mate outlook 1, for a tow level of prices
but there is. In the outturn of the 1909
world's wheat crop, some prospect of a less
strained supply ami demand position.
SKNTOtBNT IN WHEAT IS BBAKIRH
Option and Cash Price Are Iwer at
Chicago.
CHICAGO. Aug. 24. The wheat market ex
perienced several short period, of firmness at
different times today, but sentiment was
bearish and prices ranged generally below
Monday's close. Radical decline. In the price
of wheat at the leading European grain cen
ters and the continued declining tendency of
cash prices In this country were the principal
hearlsh factors. St. Ixmts reported cash wheat
lc lower end much of lt unsold. Sample table
prices here were also off from to lc Sep
tember during the day ranged between 97 and
88c while December sold between 63 and
94 o. The market closed easy, with Septem
ber at 97e7ic and December at 04jJ
4M,c
Cora waa strong all day. with the excep
tion of a short period at Qe opening. The mar
ket olosed strong, with prices up to 0.
The trade in oats waa influenced by the ad
vance In corn prices, shorts In May covering
freely. The market closed firm, i4 to Ho
higher than Monday.
(Provisions dooed unchanged to 80c higher.
Leading futures ranged as follows:
WHEAT.
Open. High. Low. Clone.
E '-.US 1 :?5h '-.SU 4
May"7.. .98Vk -9H
CORN.
Sept. H
Dec .65.
.85. .66
.65 7, .56
.66? .57j
May 67
OATS.
Sent 86 -.37 .6H .86
Dec! ..... .865 .87 -3 .S64
Say ::::: :2 .a s -39
PORK.
Sept.' JtiTtt 33-60 23-3 '
Jan 17.60 17.67V, 17.60 17.66
LARD.
Sept. 12.00 12.15 12.00 ""Vi
Oct. 11.96 12.10 11.93 12.10
Nov 11.55 H.7Vi 11-66 1-67V4
SHORT RIBS.
Sept 1.67V4 11-7-IVi' H-67V4 11.77
Oct." 11.45 11.68 11.42 1162
Jan. 3.15 9.27 9.16 9.27
Cash Quotations were as follows:
Flour Firm.
Barley Feed or mixing, 063o; fair to
choice malting, 5KS64C
Flax seed No. 1 Northwestern, 11.46.
Timothy seed $3.75.
Clover 811.30.
Pork Msser-per bbl., $33.40 22.60.
Lard Per 100 lbs.. $12.17.
Short ribs Sides (loose) $11.50 11.80 ;
short cleaer sides (boxed) $12.12 12.26.
Grain statistics: Total clearances of
wheat and flour were equal to 81,000 bu.
Primary receipts vera 664,000 bu. The
world's visible supply, as shown by Brad
street's, Increase, 837,000 bu. Estimated re
ceipts for tomorrow, wheat, 61 cars; corn,
120 cars, oats, 262 cars; hogs, 22,000 head.
Receipts. Shipments.
Flour, bbls. 30.000 20,200
Wheat bu. 164.400 816,400
Corn bu. 807,400 221,600
Oats, bu ....819.800 469.900
Rye. bu. ' 3,000 2,000
Barley, bu. 17.000 . 8,400
Grain aad Produce at New York.
NEW YORK. Aug. 24. Flour Receipts,
41.GOO barrels: exports, 3600 barrels. Market
quiet, unsettled.
Wheat Receipts, 82,000 bushels; exports,
12,000 bushels. Spot, steady; No. 1 red new,
$1.07 elevator and $1.10 f. o. b. afloat; No.
1 Northern Duluth new, 1.09, nominal f.
V- . . A ViohI WlTlf! T. ft- ft 10"..
u. u . Buua.j tt ...... u , , - . - . -
nominal, f. o. b. afloat. After showing)"
weakness most 01 me uy " " L cm
sharp rally late on local covering and
closed unchanged to He net lower. After
noon reports of hard storms and frost 4n the
Northwest helped the late upturn. Septem
ber closed 1107; December, $1.02; May,
$1.04.
Hops Quiet.
Hides, wool and petroleum Steady.
Wheat Seattle.
SE TTIvE. Wash., Aug. 24. No milling
quotations. Export wheat, bluestem. 92c;
THE UNITED STATES
NATIONAL BANK
PORTLAND. OREGON
UNITED STATES DEPOSITORY
CAPITAL AND SURPLUS, $1,000,000
OFFICERS
J. 0. AUTSWORTH, 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, STARIOSTREETS
THE BEST STREET INSURANCE
IS THE BITULITHIC PAVEMENT
It insures against dust, mud and street noises. f
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. V
It assures perfect satisfaction.
BITULITHIC INSURANCE IS SAFEST AND SUREST.
WARREN CONSTRUCTION COMPANY
817 BECK BUILDING, PORTLAND, OR.
club and Fife, 87 8SSc: Russian. S8o. Re
ceiptsWheat, 10 cars; oats. 4 cars.
Grain at San Francisco.
BAN PHANCISICO. Aug. 34. Wheat, weak;
barley, weak.
Spot Quotations: Wheat Shipping, $1.88
1.60 per cental; milling. l-85 per cental.
Barley Feed. 1 1.87iS,1.40 per cental;
brewing, 1.42iffl.45 per cental.
Oats (Red, t.TMfl.86 per cental; white,
nominal; black. 12.25 per cental.
Call board sales: Barley May, $1.44 per
cental asked; December. 11.39 per cental.
Cora 'Large yellow, 1.TMJ"1.86 per cental.
European Grain Market.
LOVDON, Aug. 24? Cargoes dull and de
pressed; buyers indifferent. Walla Walla,
for shipment, nominal. 8Sa 9d.
English country markets, quiet; French
country marketa, steady.
LIVERPOOU Aug. 24. Wheat Septem
ber. 8s ld; December. 7s 6?id; March, Ts
8d. Weather, cloudy.
Wheat Bale at Weston.
WESTON. Or., Aug. 24. Two lots of
weheat were sold- today in this market on
a basis of IS cents for No. 1. S. A. Barnes,
representing the Pacific Coast Elevator
Company, bought 7585 bushels of L. C. Har
der, lley Winn sold 2175 bushels to Frank
Prloe. Kerr, Clifford Co.'s agent.
Wheat at Taooma
TACOMA, Wash., Aug. 24. Wheat, un
changed. Milling, bluestem, c; export,
bluestem. 92o; club and red Fife. 88c; red
Russian. BQc.
DAILY METEOROLOGICAL REPORT.
PORTLAND. Aug. 24. Maximum temper
ature, 699 degrees; minimum. Bl.l. River
reading at 8 A. M-, 4.6 feet; change in last
24 hours, fall 0.1 foot. T'otal rainfall, 5 P.
M. to 5 P. M., nil; total rainfall since Sep
tember 1. 1908. 86.U Inches; normal, 44.92
Inches; deficlenoy. 8-79 Inches. Total sun
shine August 23, 6 hours 86 minutes; pos
sible, 13 hours 48 minutes. Barometer (re
duced to sea level), at 5 P. M., 30.03 Inches.
PACIFIC COAST" WEATHER.
Observations taken at B P. M.. Pacific
time, August 24:
Wind
s
i 2
8 A state of
g Weathsi
TATIONS.
Baker City.....
Bismarck
Boise. ..........
Eureka. ........
Helena
Kamloops
North Head..-..
Pocatello
Portland
Red Bluff
Ropeburg
Sacramento. .... .
Salt Lake
Pan Francisco. v
Spokane
Tacoma
Tatoosh Island.
Walla Walla. . .
Blaine
Siskiyou. . . .... ..
Tonopah .,
Kalispell
84lO.00il NW
74 0.10 4 NE
84 0. (Al1 8'NW
88 0.00 10 N
76-0.00'10;NW
7V T. '10 SE
Pt cloudy
Clear
Clear
Clear
Cloudy
Pt cloudy
-Cloudy
Clear
83 0.CKV 8 3
78-0.00
4 NW
4 N
4.SH
7OO.00
94 O.OOl
Sl'O.OO1
'Clear
Iclear
6 NW
4 S
94 O.00
b:o.oo!
Clear
6'NW
Clear
Clear
Cloudy
'pt cloudy
ICloudy
Cloudy
ICloudy
Clear
Clear
ICloudy
72 0.00 24 SW
72 0.O01 8S
0.00
a w
fiS! T.
4 E
4 S
4W
4rNB
8 RE
72;0.O0
70-0.00
7o:.ooj
86-O.00
64'0. Oil 4'S
T Trace.
WEATHER CONDITIONS.
During the last 24 hours the barometer
has fallen slightly over the North Paclfio
States and risen over British Columbia.
Light rain has fallen In extreme Northwest
Washington and cloudiness has increased In
Eastern Washington and Northern Idaho,
but no rain has yet fallen in that section.
As a rule the changes In temperature since
yesterday have been small and unimportant.
The Indications are for generally fair
weather In this district Wednesday.
FORECASTS.
Portland and vicinity Probably - fair;
westerly winds. , .
Oregon probably fair; westerly winds.
Washington Fair, except possibly show
ers north portion; westerly winds.
Idaho Fair, except possibly showers ex
treme north portion.
EDWARD A. BEALS. District Forecaster.
-Milwaukle Teacher Resigns.
OREGON CITT, Or.. A.UK. 24. (Spe
cial.) Mlsa Edith, Karr, of Milwaukle,
for the last year teacher of the sixth
Trade at the Barclay building In this city,
has resigned her position.
Bonds
Investments
GAXXi OR WRITH
T. S. McGRATH
Lumber Exchange,
PORTLAHD, OREGON.
TRAVELER 9' GUIDE.
GL ARK'S CRUISES
OF THE "CLEVELAND
(Hamburg-American Line)
R
18,000 tons, prana new.
superbly tinea.
.OUNDtheWORL
From New York October 16, 1909; from
can Francisco, Feb. 5, 1910, nearly four
months, costing only S050 AND UP. includ
ing all expeuaea afloat and ashore.
SPECIAL EATl REH Maderla, Kgypt.
India, Ceylon. Hurma, Java, Ilorneo, Philip
pines, Japan. An unnnual chance to visit
unuimallv attractive places.
12th. Annual Orient Cruise, Feb. 5. '10 ! by
North German Lloyd S. S. "Grosser Kur
fuerst." 73 days including 24 days Egypt and
Palestine. S400 lip.
KRAVK C. CLARK. TTWF.S BI.Dfl.. K. Y
C. K Stinger, 254 Washington St., Portland.
NORTH PACIFIC S. S. CO.
For Eureka, San Francisco and Los
Angeles' direct. The steamships Roa
noke and Elder sail every Tuesday at
3 P. M. Ticket office 132 Third, near
Alder. Phones M. 1314 and A 1314.
H. YOUNG, Agent.
SAX FRANCISCO PORTLAND 8. 8. CO.
Only direct steamer and daylight sailing.
From Alnsworth Dock, Portland, 9 A. M.:
8 S Rose City. Aug. 28. Sept. 11.
8. 3. Kiuisas City, rpt. 4, 18, etc.
From Pier 40, San Francisco. 11 A. M. :
S. 8. Kansas City, Aug. 28. Sept. 1L
8 S. Rose City, rtept. 4, 18, etc.
J. W. Ransom, Dock Agent.
Main 268 Ainsworth Dock.
M. J. ROCHE, City Ticket Agent, 142 Id St
Pnone Main 402. A 1402.
COOS BAY LINE
The steamer BREAKWATER leaves Port
land every Wednesday. 8 P. M., from Ains
worth dock, for North Bend, MarnlilloM and
Coos Bay points. Freight received until 4 P.
M. on day of sailing. Passenger fare, lirat- ,
cla'S 10; second-class. 7, including berth
and meals. Inquire city ticket oftl'-o. Third j
and Washington street, or Ainsworth dock. ;
Phone Main 268.
CANADIAN PACIFIC
WEEKLY SAILINGS BETWEEN MON
TREAL. QUEBEC AND LIVERPOOL.
Nothing better on the Atlantic than our
Empresses. Wireless on all steamers.
F. R. .JOHNSON. P. A.
142 Third St., Portland, Or,