Image provided by: University of Oregon Libraries; Eugene, OR
About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (June 10, 1910)
THE MORNING, OREGONIAN, FRIDAY. JUNE 10, 1910. 23 TOfJE IS STRONGER Healthy Feeling in Markets. All Hop ORDERS IN FROM LONDON Business Witli'the Eastern Dealers ' Is Expected Soon Buying on a x, Large Scale Sets In in California. ) 1 There Is a very healthy feeling in the Oregon hop market, although not much kmsiness has developed yet. The export in Viulry Is stronger and buying orders from the East are expected soon. They have (already appeared in California, where a considerable amount of business has been Vrione. The improvement results from re ports of new crop conditions, i Crop prospects in Oregon, in the main, fere favorable. Lice prevail in some sec- ion, but cause no uneasiness. As the crop dvances the presence of missing hills be- omei more pronounced and for this rea- bon the crop does not look as well as it Ulfl a few weeks ago. The estimates of the Jl!10 crop In Oregon range from !X.000 to atn.OOO bales, as against S2.UOO bales in aot9. Among the transactions reported in this State yesterday was tne purchase by the Feavey Hop Company of 10 bales from W. J. Ml ley, of Aurora There are two cable orders in the market from London soliciting consignments. Not over a month ago one of these English, firms cabled that there were enough hops on hand to last through the season. Com ing for consignments now, this looks as if there are not enough hops In London. A large shipment of 1909 hops has Just been made by Burch & Son. of Rlckreall, to Wi Ran, Richardson & Co., of London. The following cable was received by Kla ber. Wolf & Netter from their London of fice yesterday: "Weather in England is favorable for crop, but there Is vermin. "Weather on the Continent is favorable. Crop prospects on Continent favorable." A letter from New York to the same firm paid in part: "Friday night's heavy frost caused large damage in Franklin County, also consider able damage In the balance of New York state. The New York market is slightly firmer with more inquiry-" Another New York letter said : "Some dealers estimate the New York crop at Sri.ooo bales, and all of them estimate the maximum yield of the state at 33,000 bales. The New York market Is firm. Offers have been made of 20 cents for 'States," but growers have raised their Ideas since the damage to the crop. There is also considerable inquiry for New York contracts at -0 cents. - but no business re sults. Retwoen 1"00 and 2000 bales of hops are left In New York growers hands and practically none in the harfds of dealers. Tn the past few days over S00 bales of California hops have changed hands at 1'2 i to 13 cents. Estimates of the California crop are now being made as follows: Sac ramento, 41.000 bales; Sonoma. 2S.OOO bales; Russian River. 11,000 bales; total, SO. 000 bales, against a crop of 70,000 bales last year. The following wire was received from the San Francisco office of Klaber, Wolf & Netter: "Hops are already in. burr on many vines In several districts. It is believed this will result in a shorter crop than was at first expected." WOO I, IS NOW SELLING MORE T" RE ELY. Remainder of 8eason in Oregon AVI II Prob ably be Active. The outlook is good for a more active wool market In this state. The growers have come to a realization that if sales are to be made they must be at a much lower range of prices than prevailed lest year. Consequently selling is becoming freer, not only In Eastern Oregon, but also In East ern Washington. Prices range from 14 to 3 7 cents. There were no withdrawals at the last Shaniko sale, all the clips put up being taken. Among the purchasers were the representatives of two Kastern mills. Nearly 2,000,000 pounds of wool are now in the Shaniko warehouse and it is believed ty dealers the bulk of this will be dis posed of at the next sale on June 21. The dealers also look for business at the Pen dleton sale today. I'p to the present time very little Valley wool has changed hands. Buyers are of fering lt i- g 17 cents for coarse and IS cents for medium, but these prices are not attractive to growers. Most of the Valley clips are of small size and as the growers have other resources they are independent when it comes to selling wool. Triangle wools are now selling in a fair ly free way. About 300,000 pounds of new clip in that section have been bought by a Boston dealer at 1H cents. In Montana, shearing is now general Western Montana range conditions during the Winter were good and a good clip is the result, but in the southeastern sections the Winter storms affected the quality of the wool to a con siderable extent. rOlLTRY AND MEATS ARE WEAKER. Demand Begins to Slow Doivn. While Re ceipts Are Still Heavy. The highest prices of the week have been seen in the poultry and dressed meat mar kets. The demand began to slacken up yesterday and the strength of the market disappeared. Chickens were moved off without altering quotations, but some con cessions had to be made on the late ar rivals of veal. There was still a strong demand for eggs nd the 27-cent quotation was general on candled stock. Butter was also in active demand and local stocks cleaned up. Local lira in Trade Quiet. Trading in the local grain market yes terday was small In volume. Former prices were quoted In all departments. Local receipts, in cars, were reported by the Merchants Exchange as follows: Wheat Barley Flour Oats Hav Monday ir. 34 -j5 - Tuesday lo 4 Wednesday 11 , . t Thursday . 2 2 .j Tear ago . . 7 V Season to date !07 ttim 21" 141 t-m Year ago 1030rt 13;i3 1570 s5b 733 Good Demauil for Fruit. Yesterday was a 'half holiday on Front street. The demand for fresh fruits was good and a lively business was transacted in the forenoon hours. A straight car of Cali fornia arricots was received and they sold well at $1.23 to 1.3t per box. Cantaloupes were in fair demand. Strawberries were firm and cherries were steady. Hank Clearing. Bank clearings of the Northwestern cities yesterday were as follows: Clearing. Balances Portland . n.Jl.V3S4 S 07.216 Seattle 2a:s.0J7 363.irtt Taroma SrtT.fM v Spokane 72.2-i8 70.OC1J , PORTLAND MARKETS. Grain. Flour. Feed, Etc. FLOtTR Patents, flu per " barrel; srralghts. $4.05 ! 4.75: export. S3. 60? 3. SO; Valley. 5 30; graham. whole wheat, quarters. 5. WHEAT Track prices: Blaestem. S4SSe; club. SO-Ji-Rlc: red Russian. 78c; Vallev. S4c. BARLEY Feed and brewing. $l;;o per ton. CORN Whole. $5?; cracked. $33 per ton. HAY Track prices: Timothy. Willamette Wiliey. S'JNMi -Jt per ton; Eastern Ore con. f22'r25r alfalfi. S.MfrltJ; crrain hav, $17'ilS ULLSTCFFS ian, $-0 per ton; mid dlings. $30; shorts. $21 6f 22; rolled barley. OATS No. 1 white. $26S2T per ton- Dairy and Coon try Produce. BUTTER City creamery. extras. 29c;. fancy outside creamery. 29c per pound: store, 20c Butter fat prices average liac Drr pound under regular butter prices.) EGGS Oregon candled, 27c per dozen. CHEESE Full cream twins. 1717e per pound; Young America, ISHlsiie. PORK Fancy. 12 13c per pound. VEAL Fancy, lo4zllc per pound. LAMBS Fancy, ittii 12c per pound. POULTRY Hens, li&19c; broilers. 30c; ducks, lS-tI25c: geese, 12ic; turkeys, live. 20 22a dressed. 25c; squabs, $3 per dozen- Vegetables and Fruits. FRESH FRUITS Strawberries, $1.50172.25 per crate; apples, $1.003 per box; cherries, California $L per box- Oregon 4'.12Hc per lb.; gooseberries, S'g-Gc per pound; apricots. $1.25 1.50 per box; cantaloupes, $2.50 4 per crate ; blackberries, 75c Ss$l per crate ; pearhts, $1.25 per box; plums, $1 per box- POTATOES Old Oregon. 0o3c per hun dred; new California. 1&2c per pound. VEGETABLES Artichokes, 60 Zi 75 c per dozen; asparagus, SJ.25'2 per box; beans. 5Vfc'U7c per lb.; cabbage. 2 Vi. ft 2 per lb.; cauliflower. $2 per dz.; com, 2ut:ioc per dor.; cucumbers, 75c6i $1.25 per doz.; head lettuce, GO GOc per doz. ; hothouse lettuce, 50c $1 per box ; garlic, 10 Q 12 c per lb. ; horse radish, S&l0c per lb.; green onions. 15c per doz.: peas, 4⁣ peppers. 30c per pound; radishes. IStOc per dozen; rhubarb, 2$$ 3c per pound: spinach. 8-.lOc per pound; squash, 75c per crate; tomatoes, $1.50 per box. TROPICAL FRUITS Oranges. $2.25 3; lemons. $4,50 6; grapefruit. S3.236 per box; bananas, 5c per pound; tangerine, $1-75 per box; pineapples, $1.503 per doz. ONIONS Bermuda. $1.50 1.75 per crate; red, $2 per ac-k PACK VEGETABLES Rutabagas. fl.25 1.50; carrots, S5c4j$l; beets, $1-50; pars nips. 75c $i- Groceries, Dried Fruits. Etc. DRIED FRUIT Apples. 10c per pound; peaches, 7c; prunes, Italians. 4&5c; prunes, Frencn, 4 & 3c; currants, 10c; apricots, 15c; dates, 7c per pound; figs, fancy white, 6c; fancy black. 7c; choice black. Sc. SALMON Columbia River, 1-pound tails, $2 per dozen; 2-pound tails, $2.5; 1-pound Jlats, $2.10; Alaska pink. 1-pound tails, OUc; red, 1-pound tails, $1.43; sockeye, 1-pound talis. $2. COFFEE Mocha, 24 3? 2Sc; Java, ordinary, 17j.20c; Costa Rica, fancy, 1S$i20c; good. 16 4 ISc ; ordinary, 12 ltfc per pound. NUTS Walnuts, 15c per pound; Brazil nuts, 13 Vz 15c; filberts, 16c; almonds, 17c; pecans, 19c- cocoanuts, 90c $1 per dozen. SALT Granulated, $15 per ton; half ground, 100s, $10.50 per ton; 50s. $11 per ton. BEANS Small wsite, 5e. large white, 4 . c ; Lima, 5 i c; pink, 7c ; red Mexicans. 7 c ; bayou, 7 c. SUGAR Dry granulated, fruit and berry. $6.25; beet, $0.05; extra C, $3.75; golden C, ?o.65; yellow D, $5.05; cubes (barrels), $5.H5; powdered, $rt.50; Domino, S10.40& 10-1M per case. Terms on remittances with in 13 days deduct c per pound. If later than 15 days and within Mi days, deduct c per pound. Maple sugar. 15&lSc per pound. RICE No. 1 Japan. 4Jic; cheaper grades, 3.50 4. 55c; Southern head. 5H"c HONEY Choice. $3.25 & 3.50 per case; strained, 7c per pound. Provisions. BACON Fancy, 2Sc per pound; standard. 23Hc; choice, 24c; English, 2 U' 20 m-c. HAMS 10 to 13 pounds. 20c; 14 to 16 pounds, 20c; 18 to 20 pounds. 1U J c ; bams, skinned, 21 c; picnics, 134c; cottage rolls, none; boiled hams. 27S 2Wc. LARD Kettle rendered. 10s, 17Hc; stand ard pure, 10s, 17s; choice. 10s, 10c. SMOKED BEEF Beef tongues, each, 60c; dried beef sets, 22s; dried beef outside, 20c; dried beef nsides, 23c; dried beef knuckles, 22c. DRV SALT CURED Regular short clears, Oregon exports, dry saltec.. 17 c; smoked, dry salt, 17; smoked, lSc; short clear back, heavy dry salted, ltt'.jc; smoked, ISc PICKLED GOODS Barrels: Pigs feet, $16; regular tripe, $10; honeycomb tripe. $12; lunch tongues. $10.30; mess beef, ex tra, $14 ; mess pork, $30. Hops, Wool, Hides, Etc. HOPS 1009 crop, 1K&.14C, according to quality; olds, nominal; 1910 contracts, nomi nal. WOOL -Eastern Oregon, 14 17c pound; Valley. 16VisiilSc per pound. MOHAIR Choice. 32&3';e per pound. CASCARA BAKK 4W.ff'3c per pound HIDES Dry hides. 16 k & 17 Vic per pound; dry kip. 10 Va Si 17 Vac per pound; drv calf skin, 18? 20c per pound ; salted hides, 82) Slic; salted calfskin, 13c per pound; green hides, lc less. PELTS Dry, 1 12c; salted. butchers take-oil, $1.131. 40; Sprint; lambs, 'i'a1 4oC. Oils. LINSEED OIL Pure raw in barrels. 91c; kettle boiled, in barrels, y;c; raw. in cases, l6c; kettle boiled, in cases, 98c. Lots of 250 gallons, l cent less per gallon. TURPENTINE In cases. 7lc; tn wood barrels, 76"4c. COAL, OiLt Water white in drums. Iron barrels or tank wagon, lie; special water white in drums or iron barrels, 141; union kerosene in cases 2-5s. lSVjc; oleum kero sene in cases 2-5s, 21 Vic; Aurora kerosene in cases. 2-5s. 21 ViC. GASOLINE Union prasoline in bulk, 17c; Union gasoline in cases 2-5s. 24c; Union motor spirit in bulk. 17c; Union motor spirit In cases 2-5s. 24c; No. 1 engine dis tillate in iron drums, S Vic; No. 1 engine distillate In cases i!-5s, 15 Vc; V., M. ie P. Naptha in iron drums or barrels. 120; V.. M. & P. naptha in cases 2-5s. 190;" BENZINE Union benzine in Iron drums or barrels. 12 Vic; Union benzine in cases 2-5s, 19 Vic. MING M CHANCES XORTHEUX SALMOX PACKERS WITHHOLD PRICES. Waiting to Determine the Size of the Pack Spot Stocks Will Be Marked Vp. SEATTLE. June 9. (Special.) Alaska and Puget Sound salmon prices will not be named this year until the pack is all up and Its size definitely known. Packers do not propose to take any chances, and have de cided to name the prices later than usual. It is expected it will be at least September before the size of the pack is determined. As a result of the advance in the price of Columbia river Ash prices on spot sockeyes will be advanced here in a few days. The advance will be sharp, probably amounting to 40 or 50 cents a case. A car of Florida potatoes, the last' of the season reached the street today. They sold at $4.50 3 a crate. The first straiijht carload of California mixed fruit arrived. Strawberries were in heavy supply, but just about cleaned up at $l'?i'1.23. Asparagus has advanced to $2 41) 2.25 for local stock. Cantaloupes were easier. A fresh car arrived. Good stock sold as low as S:i.30. One house held, frsh local eggs at SI cent3 today. Others asked 30 cents. Receipts were the lightest in several months. Poul try was in a little-better supply, but outside prices prevailed on all kinds of stock. But ter and cheese were steady. Wheat dropped to 1 cents and oats did rot sell above $23. SAN FRANCISCO QUOTATIONS. Produce Prices Current In the Bay City Markets. SAN FRANCISCO, June 9. The follow -tes oricea were current in ilio roaact u rirr lonay: Butter Fancy creamery, 27 Vic; creamery aconJs, 27c; fancy dairy, 20q see Chee New, loVifc 14c young America. 14 jl C. Eggs Store, 2 T. c : fancy ranch, 27c Pouitrv Roosters, old, $5$? 3.50; roojtera, young. $S -fj IO; broilers, small, $2.253; broilers, iarite, $'.50-4: fryers, $6&".5o; hen. $5U lo: ducks, old, $6 J 7; ducks, yuung. $s;t 10. Vegetables Cucumbers. 73c 52.25; gar lic. :ti4c: gren peas. $ I i. 1.75; -string beans. 2 rto- asparagus, 75c$1.00; toma toes. 73ctfi$l: eggplant. 4fi He. Fruit Apples, choice. Oc; apples com mon. :;r.c: bananas. 73c -sj $:t; Mexican limvs. $6.50 'u 7: California lemons, choice. $ 1 . 2 5 'j 4 ; oranges, navels, $1.50 cjj a. 25; pineapples t2.0 n 3. 50. Millstuffs Bran, $23 24; middlings, $:8 est. Hay Wheat. $124110.50: wheat and oats, JS 15; alfalfa. $7.50rg 11 ; stock $67; straw, per bale. 40 65c. Hops California crop. 12 -ft 14c Receipts Flour 1531 sacks: wheat, SO centals: barley, 770 centals; oats. 5JT cen tals; beans. 75 sacks: corn, 70 centals; po tatoes, sacks: bran. 5o sacks; mid dlings, 140 sacks: hay. 344 tons; hides, 60S. Wool at St. Louis. ST. LOUIS. June 0. Wool, unchanged. Territory and Western mediums', irt u. im.; fine mediums, 16c; lili STOCK TRADE DULL Selling Pressure Is Now at an End. MARKET FIRM AT CLOSE Strong Showing Made by the For eign Central Banks XJnited States Steel Is Strong Throughout the Day. NEW YORK. June 9. There was a further falling off in the amount of dealings In stocks today and tome remaining uncer tainty in the tone of. speculation, although on a narrowing range of fluctuations. The relations of the railroads to the con trol by the Government, held its prominence as a. subject of Influence and sentiment was unsettled. The movement .of St. Paul was watched w-itn close attention, on account of a sup position that the policy of restraint on the market had centered its operation in. that stock. The recent heavy selling of the stock has aroused much conjecture over its source and. varying surmises over the identity of the seller made up one of the features of the day's market. The renewed depression of St. Paul at the outset of the trading was of considerable sentimental effect on the whole list, and its rebound had the etfect of re lieving the heaviness of the general list. The copper industrials were affected both here and abroad by the increase in surplus stocks of the metal during May, reported jesterday by the Copper Producers" Asso ciation, and this constituted another influ ence in the early depression. These influences at first overbalanced that of the reduction in the Bank of England of ficial discount rate, which had the. effect of reviving the London buying of stocks in this market. The items of the bank's week ly statement showed clearly the definite passing of the Influence of the tax collec tions and the necessity forced on the central institution of effecting some distribution to the market of these heavy 'accumulations by purchase of treasury bills. The Bank of France and the Imperial Bank of Germany, at the came time, made strong weekly re turns. The upward course of United States Steel helped to lift prices during the day. Bonds were irregular. Total ' sales, par value, l.41.0O0. United States 3s declined Per cent in the bid price on ca.lL CLOSING STOCK QUOTATIONS. Closing High. Low. Bid. 2 6'4 5 634 42 42-Ji 42 14 34 ' 9!4 5.1 t no 54 01 61 ',4 35 35 3434 2:1 22 23j 13V. 13V. 2',-i 44 44 43 TT T3T T6ty 10414 103 :i 104 52 52U 53 US', USH, 11SV4 13Sa 134 135 U5 95 9o 31 M 41- 40l. 41 10514 104i 104 101-54 101 101 t.j 121 120 120U. 112 112 112i 25 25 20 1SV, TT TS 19il, 10fH4 19- 3S 38 X! IOS14 10SV4 108V '83 "82 83 14 37 36 36 "A ..... ..... 25 -4 47 46 Ji 47 14 145 145 145" 127 H 125 - 126 '.i 80 35 . 35 S5 58 5.S 58 '13r. 12414 135V, 15V4 14"-4 15 1647s 164 164 35".i 35 33 Vi 79 79 T8'4 So 29U 29y 26 26 o; 26 44 14 44 44 Vi 34 145 145 144 131 130 131 60 i 59 132 10 18 19 52 51 82 98 97 u. 98 3T 1T 17 11 40 45 46 19-Tj, 19 18 32 32 32 64 64 64 102 101 101 144 142 144!4 32 32 30 138 137 137 39 391.'. 3914 67 67 66 ia 67 671,4 67 105 75 74 T4 26 116 lir.ii 115 44 43 43 loo 100 1001,4 69 09 68 126 123 126 1,4 24 24 241A. 132 131 "i 141 107 106 107 OS 1 1S 184 114 ieo 33 35 33 153 152 1!WS4 31 21 31 94 93 94 40 40V. 401-4 S3 S3 84 41 39 40 30 30 29 T4 T3 73 68 122ti 121 i, T21 25 25 251,1 59 59 59V, 24 29 21 i 29 29 60 ' 59 59 17.1 171 V, 172 93 921A 92 T1 71 71 39 38 38 T9 TT T8 11 (it 115 115 44 4.10. 44H OH", 59 60i, 19 19U 1914 43 42 43 44 44 44 U 62 61 61 " 65 63 64 314 Sales. Allis Chalmers tf Amal Copper .... Am Agricultural .. Am Beet Sugar .. A merlcan Can Am Car & Fdy. . . Am Cotton Oii . . Am Hd & Lt pt. Am Ice Securi . . Am Linseed Oil . . Am Locomotive .. Am Smelt & Rcf .. do preferred . . Am Slel Fdy . Am Sugar Kef .. Am Tel & Tel Am Tobacco pt Am Woolen Anaconda Mln Co. Atchison do preferred Atl Coast Line Bait & Ohio Bethlehem fc?teel Brook Rap Tran. . Canadian Pacific . . Central Leather .. do preferred Central of N J . Ches & Ohio Chicago & Alton .. Chicago Gt West. do preferred Chicago & N W ... 1O0 2u0 '"ioo 'l.riOO U0 vtoo 50 lot 200 5.9t 300 too 4-0 2.000 6O0 "'ii'o 8.000 1,80 1 7,100 400 40 200 500 300 4iO C. M & St Paul 22, S00 "ioo 100 5.90 400 20 SoO 100 "OO t, c, C & St L . . . Colo Fuel & Iron. Colo & Southern . . Consolidated Gas. . Corn Products . . . IJel & Hudson ... D & R Grande . . . do preferred . . . Die-tillers' Securi . Erie do 1st preferred. do 2d preferred. General Klectric .. Gt Northern pf ... Gt Northern Ore . . Illinois Central ... Interborough Met.. do preferred . . . Enter Harvester . . Inter-Marine pf .. In Paier . Int Pump Iowa Central K C Southern ... do preferred Laclede Gas Louisville & Naifh Minn & St Loul.-. M. St P & S S M. Md. Kan & Texas.. lo preferred . . . Missouri Pacific .. National Biscuit .. l.ooo 20O TOO 4,&o 51 X) " 2 .0O0 4.6O0 4,3V 100 4jV ToO 2t IOO 2. SOO l.OOO 4 2.200 1,200 1O0 National Lead . . . 1.000 Mex Nat Ry 2d pf N Y Central 3,10 N Y, Ont & West. 3UO Norfolk & West... 6' North American Northern Pacific Pacific Mall Pennsylvania ... People's Gas 2oO TOO 10O 20,90 O TOO P. C C & St L... Pittsburg Coal Pressed Steel Car. Pullman Pal Car. 100 P.y Steel Spring.. Reading Republic fteel . . . 13,000 1.100 600 4.:i"0 500 do preferred ... Rock Island Co .. do preferred St L & S F 2 pf St L Southwestern do preferred l.r.oo 300 300 SIOFS-Shemeld Southern Pacific .. 30 JKo Southern Railway. .; do preferred 5liO Tenn Copper Texas 4 Pacific Tol. St L & West. SCO do preferred .. 4w Union Pacitic 50.v! do preferred I S Realty . U S Rubber . . . U S Steel 900 . 1.000 TOO .118.000 . 3. SOO do preferred ... Utah Copper .... Va-Caro Chemical. Wabash do preferred ... Western Md Westinghouf" Elec Western Union ... Wheel Sc L Erie.. l.StiO ,2"o 2'0 l.oO 21 O :too 2i Total sales for the day BONDS. NEW YORK, June 9. Closing quotations U. S. ref. 2s reg.lOOlN. Y. C. gn 34s S9 do coupron ...lOOg Xo. Pacific 3s. 71 i. U. S. 3s reg. lOiaNo. Pacific 4s.. loo do coupon lOlilUnion Pacific 4s.lno U. S. new 4s reg.H4;v, 'Wis. Central 4s.. !Kii do coupon . . .114 SsJJapanese 4s .. 904i D. & R. G. 4s. . 93V41 Eastern Mining; Stocks. BOSTON. June 9. Closing quotations: Allouex 39 fMohawJc n.l Amalg. Copper.. 65 (Nevada Con. ... 9 A. Z- L. & Sm.. 24t. iNipisslng Mines.. 11 Arizona Com.... lOXorth Butte..... 31ia Atlantic 0iNorth I,ake 10 B & C C S M. 13'OM Dominion... 35 Butte Coalition.. 18Osceola l::i Cal. & Arizona. 61 IParrott (S & C) 14B Cal. Hecla...553 IQviincy 74 Centennial in shannon 1 1 11 Cop- Ran. Co. 63 hi (Superior 4 K. Butte Cp M. Franklin Oiroux Con. . . . . Granhy Con. . . . Greene Cananea. h lun & Hon Min IO 11 Sup & pitts Cop. 11 7 Tamarack 50 3ft fx-, s. roaJ A otl XV. S. S. Tt. X- v jn I. Royalft Cop. ) li f do preferred .. 4iii Kerr Take S!Ttah Con 2t Lake Copper.... 52 'Winona ........ "7 14 La Patle- Copper. 3 t H: I Wolverine 113 Miami Copper . . 20Vi! Money, Exchange, Etc. LONDON, June 9. Bar silver steady 24ld per ounce. Money. 2Vs5 2i per cent. The rate of discount in the open market for short bills is 2 2 Ti per cent; three months. 2 per cent. Consols, for money, 82 3-l;for account, 82 CHICAGO. June 9. New York exchange 10c discount. NEW YORK. June S. Cloe; Prime mer cantile paper. 4;"'h514 per cent. (r-tvernnvent bonds weak: railroad irregular Musey on call eas-, 2?i2 per cent; ruling rate, closing bid and offered at 2 per cent. Time loans weak; GO days', 363Va Per cent; 90 days, 3 per cent; aix monies 4'44 per cent. silver bars. "53 He Mexican dollars, 45c. Drafts, sight. 4c: telegraph. 7c Sterling. 60 days. 14.84; siKht. f4.S6. Sterling exchange steady, with actual busi ness in bankers' bills at 4.844.8415 for OO iay bills and at $4.8665 for demand. Commer cial bills. 4.S3S4.S4. Bar silver. 3c Mexican dollars, 44c Doily Treasury Statement. WASHINGTON. June 9. The condition of the Treasury at the beginning of business today was as follows: Trust funds Gold coin - ?S57.3M,S69 Silver dollars - 4oO.585.OOu Silver. dolalrs of 1S0 3.702.OOO Silver certificates outstanding 490.3S5.ooo General fund Standard silver dollars in gen eral fund 1 476 734 Current liabilities 99,401,489 Working balance in Treasury of- , fIce- , 19,239,637 In banks to eredit of Treasurer of the United States 38,643.631 Subsidiary silver coin . 21.056 740 Minor coin 1.150.8-J1 Total balance In general fund... S3,Oy 1.702 Bank of England Rate Reduced. LONDON. June 9. The rate of discount of the Bank of England was reduced from to 3 per cent today. The intlux of gold is improving the reserve and caused the reduction, while the bank's purchases of treasury bills made money more plentiful in the oen market. STOCK PRICES STEADY YARD Bl'SIXESS MOSTLY IX THE Mt'TTOX LIXE. Offerings Are Xot Heavy and Trade Is Somewhat of a Holiday Cha racier. Business at the stockyards yesterday was somewhat of a holiday character. Aside trom a very pood trade in Iambs and sheep there was not much activity. . The tone of the market in. general was steady. The weekly report of General Agent IX O. Lively, of the Stockyards Company, fol lows: Receipts at this" market for the week end ing today were: 1561 cattle, 287 calves, 2970 hogs, 3983 sheep and 1 horse. Features of the market have been the strength of sheep, the rally in cattle prices ar. i.tne breakinK of hK prices. Arrivals in all lines are liberal and from a top of $5.65 Monday a lot of good California steers sold Tor o.9G yesterday. Cows and light butcher stuff have been In brisk demand. The supply of sheep has been liberal and prices have remained steadv at the ad vance of last week. Mixed ewes and wethers sold at $4.75 and lambs sold at $6. Ku.ua! qualities would have sold for 25 to 60 cents lower a week ago. The long expected break In hog prices came and buyers have pounded the mar ket sharply. There has been a decline of fully 50 cents in prices since last Wed nesday's quotations. Receipts yesterday were 129 cattle, 69 calves, 784 sheep, 171 hogs and 3 horses and mules. Shippers of the stock were: J. C. "Warner, of Rosedale, one car of cattle and hogs: Edward Richmond, of McCov, two cars of sheep; A. R. Ford, of Carlton, .one car of cattle and hogs: A. R. Demaris. nf MUtnn one car of cattle, and John Brooks, of The Xalles, two cars of cattle. The day's sales were as follows: Weight. Price. 24 steers iu75 5.75 1 cow noo 4.25 cf 2O0 6.75 tag 124() 4,2$ 54 sheep ui 4 5 ?wef 101" 4 -5 200 lambs 64 5.S5 209 Iambs 73 ti.00 Prices quoted on the various classes of stock at the yards yesteraay were as fol lows: Beef steers, good to choice $ 5.50?$ 5.90 Beef steers, fair to medium . 4.25(p 5.00 Cows and heifers, good to choice .... 4.25 5.00 Cows and heifers, fair to me- dium 3.75 4.50 Bulls 3.004 4.00 Stags 3.U0gi 5.00 Calves, light 5.73 6.50 Calves, heavy 4. oofcfl 6. So Hops, top 9.50 tt.75 Ho.s, fair to medium S.oO' 0.25 Sheep, best wethers 4.50 i) 4.75 Sheep, fair to best wethers.... 4.00(q 4.25 Sheep, best ewes 3.75( 4.00 Lambs, choice 5.50 fti) 6.00 Lambs, fair 4.75 (y 5.25 Eastern Livestock Markets. CHICAGO. June 0. Cattle Receipts esti mated. f500; market, steady. Beeves, $5.8t 6.5'i; Texas jsteen. $5.35'&.7.S0; Western steers. $5.50S-7u; stockers and feeders,- 4&t.50; ctws and heifers. $2. IMKg 7-15; ca 1 res, . Hogs Receipts, estimated. 13.000; market, olrllfc higher. Light. $7.43-&7.70; mixed, $9.45 f& 0. 70; heavy. 0.35ff 9.70 ; rough, $9. 7tXfr 0.45 ; good to choice heavy. $0.4.r9.0; pigs, 0.25 tffO.fiu; bulk of' sales, $9.o5rg0.i5. Sheep Receipts, estimated, 10,000; market, steady. Native. $3.501iG; Western, $3. 70 6; yearling?. $rt.50fT 7.d; lambs, native, S5.&0 8.80; Western, $G 25fc. KANSAS CITY, June 0. Cattle Receipts. 90OO; market, strong. Native steers, $3.53 8.40; cows- and heifers, $3(&7.75; stockers and feeders, $4.2-(fi.30; bulls, 4.25'iTi.25; calves $4$z8.50; Western steera. $5.5ui&8.10: Western cows, $4tft&. 3".'. Hogs Receipts. 000; market, 610c higher Bulk of sales, $'J.45S9.oO; heavy, $.45ti9 55; packers and butchers, $9.409.02 ; light $9.35 4(9.50; pigs, $8.909.10. Sheep Receipts. 3000; market, steady. Mut tons, $4.50ff; lamb.. $7.5'J(0.50: fed weth er an d yearling s, $w&8 ; fed W estern ewes $4.50(&5-50. OMAHA. June 9. Cattle Receipts, 2000: market, steady to 10c higher. Native steers $5,5ii8.20; cows and heifers $357.10; can ners, $2.75'34: stockers and feeders. $3,759 G.25; calves, . $4 (g7. 75; bulh. stags, etc.. $3.83 Hogs Receipts, 85C0; market, shade higher Heavy, $9.27Kfi9.30; mixed. $9.27 y.tfi 0.32 V ' light. $9.3yo.37i; pigs, $S&9; bulk "of sales' Sheep Receipts. 2400; market, steady to 10c. higher. Yearlings. $G.2Va7.60; wethers $5. 1CH tf. 35 ; ewes, $51i. 10 ; la 111 bs, $7. 35fc 8. 73. Metal Markets. NEW YORK. June 9. The market for standard copper was weak, with spot, June and July quoted at 12.20 12.37 c and Au gust at 12.25& 12.40c. The London market was easy, with spot quoted at 55 ISs d and futures at 50 12s (id. Arrivals of cop per reported at New York today were 1730 tons. Custom-house returns showed exports of 250 tons, making 34S3 so far this month. IjOcal dealers quote lake copper at 12. 73 13c. electrolytic at 12.72 75c and casting at 12.3712.50c. Tin weak. Spot. 32.40 32.75c; June. 32.50 tf? 32.70c ; J uly. 32. 50 tx 32.05c ; August and September. 32.501i32.70ci The Londqi mar ket was weak also, with spot quoted at 148 and futures at 149 7s 6d. Lead was easy. Spot. 4.404.50c New York and 4.12 v 4.17 h East St. Louis. Lon don was unchanged at 12 12s Gd. Spelter vCus weak. Spot. 5.23i'3.50c New York and 4.87 tp 5.05c East St. Louis. The London market was higher, with spot quoted at 22 5s. Iron was unchanged in London, with Cleveland warrants quoted at 49s 4ic. The local market was rather easier, with No. 1 foundry quoted at SI t.75 17.2.". No. n foun dry Northern at $1 0.253 16.75 and No. 1 Southern and No. 1 Southern soft at $16.25g 16 75. Iairy Produce in the EaM. CHICAGO. June 9. Butter Steady; creanf eries. 24 27c; dairies. 23i.20c. Kggs Receipts, 21,117 cases; steady at mark, cases included. 15 &c; firsts-, 17c; prim firsts, 18 i.c. Cheee Steady; daises, lOifi'lSic; twins, 14 4 i& 15c; Young Americas, 1315c; long horns, I5l5&c. NEW YORK, June 9. Butter delayed. I'heese, quiet, unchanged. Egg, steady, unchanged. Butter Unsettled; creamery specials 2fti 29c; extra.. 28&284c; creamery flrits." 27 seconds, 2 1 c. Coffee and 8ugar. NEW, YORK. June - Coffee closed steady at a net advance of 7 to n points.. Sales were 27.750 bags. Closing bids: June, 6.30c; July. i.35c: August. 6.45c; September and October. 6.50c; November, 6. .r.c; December .0c; January. 6,62; Februarv, 6.04c March. 6.5c: April 6.06c; May, 6.6Sc. Spot coffee steady; Rio No. 7. 8V4.C: Santos No. 4. 9f,c. Mild quiet; Cordova, 8 tQ, 1 2 V c. Sugar Raw ftrm ; Muscovado. ".s9 test, 3.74c; centrifugal. .-96 test, 4 24c; molasses sugar, .80 test. 3.Oe. Refined quiet; crushed. 5.S5c ; granulated, 5.13c; powdered. S.25c. New York. Cotton Market. NEW YORK. June 9. Cotton Quiet. Spot closed 20 points up.. Middling uplands, 15.40c; do. Gulf, 15.65c. Sales, 133 bales. Futures closed steady 12 to 3 points higher. June. 15.33c: July, 15.43c; August, 14,SSc; September. 1 3. 3 c : Octobe r. 1 2. 59c ; Novem ber. 12. Sc: December, 12.40c; January, li.Stic.; March, 12. 3 Sc. REPORT fJO GUIDE Government Crop Bulletin Not Satisfactory. SUBJECT FOR MUCH DEBATE In tlie Meantime, Prices Advance in tte Chicago Pit Stronger De mand for Cash Wheat Corn and Oats Are Higher. CHICAGO, June 9. Alleged inconclusive ness of the Government report as to the growing ciop of wheat gave rise to vehe ment argument today on 'change, and in the end helped put up prices. There was more debate, however, than trade. Assertions were also made that for the first time in many years the Vntted States had no wheat sold to Europe for shipment during July. August and September. The close was firm here, fee higher. Corn finished with an advance of a shade to &?c, oats unchanged to up and provisions were 725c higher. Wheat speculators declared that the dif ference between apparent results on June 1 last year and actual facts after harvest were widely apart. Free demand for cash wheat aided in sustaining the market for futures. Purchases of 355,000 bushels since the close of business yesterday were reported. About all the No. 1 Northern here has now been rcld to local and Eastern milts. In this connection comment was caused by state ments that only 700.000 bushels of the stock at Minneapolis has escaped ownership by the mills there or elsewhere. The range for the September delivery was from 81c to 91c, with the close He up at 913c. Stubborn strength characterised corn. Speculators forced the market up at the last. September kept between 5c and 60c. closing at the top for the day, a net gain of 4 4tc. The cash market was steady; No. 2 yellow closed at 59 60c. Selling of oats was light. September started from 35fec to 35c and closed c up at the higher level. Provisions displayed considerable strength. Since March 1 the shortage in the packing of hogs has aggregated 1,570,000 head. Pork closed at an advance of 22 V $1) 25c, lard 7 10c and ribs 7plOc. The leading futures ranged as follows: WHEAT. Open. High. Low. Close. July $ .95 $ .95 $ .94 $ .96 Sept 91 ,917b .91 .914 Dec 91 .914 .90 H CORN. July ,587fc .59H .58S .9 Sept 59 .60 .59H .60 Dec 57 Vi .57 V .67 .57 OATS. July ,36 .37 .36-S .3714 Sept .35 .33fc .35 .35 Dec 35 .36 fe .35 .36 fe MESS PORK. July 22.45 22.55 22.42 H 22.50 Sept 21.92 22.05 21.70 21.72 LARD. July 12.45 12.47 12.32 12.45 Sept 12.37 12.42 12.27 12.37 SHORT RIBS. July 12.82 12.95 12.75 12.85 Sept 13.42M 12,45 12.30 12.37 Cash quotations were as follows: Flour Steady. Rye No. 2. 95g77c. Barley Feed or mixing, 46 54c; fair to choice malting. 60&66c. Flax seed No. 1 Southwestern, $1.85; No. 1 Northwestern, 1.95. Timothy seed $4.35. Clover $11.25. Grain statistics: Total clearances of wheat and ftour were equal to 41.000 bushels. Primary receipts were 317,000 bushels, compared with 273, 000 bushels the corresponding day a year tt?u. .aiiraaieu receipts ior tomorrow: Wheat, 11 cars ; corn. 189 cars; oats, 83 cars; hogs, 14,000 head. Receipts. Shipments. Flour, barrels ......... 18,900 29.200 Wheat, bushels 8,400 25,600 torn, ousneis JVX,ZUi 260.700 Oats, bushels .180,000 215,900 Rye. bushels ........... 2,000 Barley, bushels 40,500 18,700 Grain and Produce at New York. NEW YORK. June 0. Flour steady, with a iair iraue. tteceipts, zzz.j&s barrels; ship ments, 6111 barrels. Wheat Spot steady; No. 2 red. $1-05, nominal c i. f . ; No. 1 Northern. $1.13. nom inal f. o. b. Options quiet, with small price changes. The Government report was con sidered rather bearish, but shorts were nerv ous and inclined to cover on firm cash mar kets and small stocks. At the close prices were quiet; December, 98c. Receipts, 4S00 ousneis. Hops steady. Hides quiet. Wool steady. Grain at San Francisco. SAN FRANCISCO, June 9. Wheat and barley Steady. Spot quotations Wheat Milling, $1.47. Barley Feed, $1.05 & 1.07 ; brewing, Oats Red, $1.171.30; white, $1.47 9 1.52; black, nominal Call board sales Wheat No trading. Barley Decern ber. $1 . 03. Corn Large yellow, $1.70 1.75 Minneapolis Grain Market. MINNEAPOLIS. June 9. Wheat July, i-J7ii wi.w , owiieiiiuer. n ' s c; De cember, 90 90c. Cash: No. 1 hard, $1.09; No. 1 Northern. $1.06 1.08 ; No. 2 Northern, $1.0401.06; No. 3, $1.01 &L04. Flax Closed $1.95. Corn No. 3 yellow, 53 & 55c. Oats No. 3 white. 3536c. Rye No. 2, 65 69c. European Grain Markets. LIVERPOOL. June 9. Wheat July. 6s English country markets firm; French country xnarjteis quiet. Iulnth Flax Market. DULUTH, June 9. Flax, on track and to a rave. Ji.iM, J uiy, $ 1 .95 bid ; September, $1.68 bid; October. $1.3S bid. Grain Markets of the Northwest. TACOMA. June 9. Wheat, bluestem. 82c; SEATTLB, June 9. Milling quotation: Bluestem. 85c: forty-fold. S3c: club. 82e: Fif 82c; red Russian, 80c. Export wheat: Blue- erem, c; lorty-roia, 01c; ciud, hoc; Jrire, 60c reu nuEian. 01c Yesterday's car receipts: Wheat, 9 cars; oats, 7 cars; barley, 2 cars. Dried Fruits at New York. NEW YORK. June 9. Evaporated apples wprc steady pnd active. Spot fancy, iti, Bonds Investments Timber Lands McGrath & Nenhansen Co. 701-2-3-4-5 Lewb Bide. P0ST1AND, . OREGON LUMBERMENS National Bank CORNER FIFTH AND STARK STREETS PORTLAND, OREGON Capital OFFICERS. G. K. Wratworth. . ., Presides John A. Kratlar. . . . . . Vlce-Prealdeat Geo. I.. McPheraon Vice-President H. D. Story Cashier F. A. Freemam Assistant Cashier Graham Dukehart..Asslstaat Cashier OLDEST BAlNftC ON THE PACIFIC COAST CAPITAL $1,000,000 SURPLUS and PROFITS $600,003 orncnti W. M. LADD. President. IDW. COOKIVGHA1I. Vlea-Presldsnt W. H. DUKCKLET. Cashier. R. S. HOWARD. JR.. Ass-t Cashier. L. W. LADD,Asltant Cashier. WALTER M. COOK. Ass-t Cashier. Interest Paid on SaYings Accounts and Certificates of Deposit We Issue Letters of Credit, Foreign Drafts, and TraTelers Checks Bank Notice Security Savings and Trust Company Corbett Building, Fifth and Morrison Streets Capital and Surplus $900,000 Invites Accounts of Merchants, Individuals and Savings First National Bank a Capital $1,500,000 Surplus 750,000 Oldest National Bank West of the Rocky Mountains AMERICAN BANK & TRUST COMPANY SAMUEL CONN ELL, President G. L. MacGIBBON, C&shioi- CAPITAL. $150(001 Does a xeneral banking business. Opens checking- accounts without limitation as to amount. Pays interest on time and savings deposits Issues travelers checks and foreign drafts available everywhere. CORNER SIXTH AND OAK, 10.c; choice, 884c; prime, 7Tc; com mon to fair, 6 He. Prunes quiet and steady. Quotations range from 3c to bike for California up to and from 4Vfec to 9c for Oregons. Apricots were firm on spot, but easy for future shipments. Choice, 10 30 He; extra choice. 10& & 114&c: fancy, ll'iltc. Peaches were dull and nominal. Choice, 6i'cc6?4c; extra choice, 77Hc; fancy, 74 Raisins unchanged. Loose muscatels. 3 tf 5ic: choice to fancy seeded. 4 (ft- 0 c ; Beedi-ss. a &4c; London layers. $l.llrg Many property owners KNOW NOW many will learn, that BITULITHIC Pavement has mors sta bility, more real value than any other hard-sor-f ace pavement laid. IBAVELEKS' GVIDK. SAJi FBAXCiSCU & FORTLASO STA1I- SHIP COM PAN" V. Only direct steamers and daylight sailings. From Alnsworta dock. Portland. 9 A. M : SS. BEAK, JUNE 11, 25, ETC. tSS. BUVtK, JUE 18. From Pier 4o. San Francisco. 11 A. M. : S. BEAVKB. JUNE 11 SS. BEAK, JUNE 18. ETC. HARRT G. SMITH, C. T. A.. 14 Third St Main 402. A 1402. J. XV. RANSOM, Dock Acent, Alnrworth Duck, Main. A 1234, $500,000 DIKECTORS. G. Tv. IVrntwortll ( has. S. Kuwil I. . Brumbv lr. K. A. J. Msrkenxis ieonce G, Rlnitfaun Uuyd J. Wrntworth J. E. Whn-lrr ieo. I Mrt'heraon John A. Kestitir Kobr-rt Treat 1'tatt lt. 1. Story OTRECTOKS. EDWARD COOKIN-GHASf. HENRY L. CORBETT. WILLIAM M. LADD. CHARLES E LADD J. WESLEY LADD. 8. B. LI.N'THICUM. , FREDERIC B. PRATT. THEODORE B. WILCOX. PORTLAND. OREGON. TRAILERS' GrrDB. All Modern Safety Devices Vlreless. Etc.) LONDON PARIS HAMBURG (Pennsylvania June 15BIeucher .....June 29 Cleveland ...June 18 Deutchland ....July '2 Graf Waldersee. Ju. 23Pres. Iincoln..July 6 tKals. Au. Vic.June 251 'Amerika Julv 9 tUnexcelled Klu-CarUon a la Carte Res taurant. New. ITALY VIA CIBRAITAB, NAI'LKS and S. S. Batavia Jane 14 S. Si. HAMBURG June 81 S. 8. MOLTKE July 12 liamburg-'American l.lne. 160 l'owell fit., ban Francisco, Cal. and Local K. JR. Asenta In Portland. Columbia River, Port land and Astoria Route Steamer Kassalo leaves Portland dallx from Ash-street dock, except Sunday, at S P. M. (Saturday at 10 P. M-); returning, j leaves Astoria dally, except Sunday, at 7 ; A. M. Tickets interchangeable with eteam- er "Lurline," which leaves Astoria daily, except Sunday at 7 P. M. COOS BAY LINE 5-DAY SRVICE. t Steamer Breakwater leaves Portland 9 A. f M.. June S, 13, 18, 3. 28 and ever- five j days from Alnsworth Iock, for Xorth "Bend. Marsnneld and loos bay points. r reiscnc received until 5 P. M. daily. Passenper rare, first-class. 10: second-class. $7. Including lerth and meals. Inquire City Ticket Office. 3d and Washington sts.. or AlnswortU JJock. Main 'J 6a SEASICKNESS Will be preventer! and relieved by using TONIQl'E MAI. 1K MF.R, a safe and relia Ble remedy. Take a bottle with you and in sure yourself all pleasures of an ocean voy are. Sold by leading druggists. Price 60 cents, or mailed, postpaid, bv NEPTUNE REMEDY CO... Sole Manufacturers. Phone Main 307; A Portland. Or. fl