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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (June 29, 1910)
THE MORNING OltEGONIAN, WEDNESDAY, JUNE J, 1U1U. A NO WHEAT OFFERED Speculators Would Buy, but Find No Sellers. LOCAL MARKET IS STRONG Eighty-Four Cents Is Bid for Blue stem, but Holders Have 'With drawn From the Market Higher Prices Cheek Trade. Confident that wheat prices are now firm ly established on an upward swing, a con siderable speculative demand has developed on the part of dealers In this market and on the Sound. They are having; no auccess in cettingr wheat, however, for the same speculative spirit prevails in the country, and holders have withdrawn offerings. There , were bids yesterday of 84 cents for bluestem, but even a figure higher by sev eral cents would probably have failed to fcrlDfr oat supplies, so bullish Is the feeling on the part of farmers and other holders. The California buying has been checked ty the advance In the market, but the local dealers expect It to be resumed soon, as they do not see much chance of the mar ket receding and the millers of the South are supposed still to require a considerable amount of bluestem wheat. Their purchases throughout the month. In the aggregate, hare been heavy, as la shown by the large amount of wheat going down by steamer. In other respects, the local cereal mar ket shows no changes. Interest in barley and oats is at a. minimum and prices are almost wholly nominal. Flour is quoted firm In view of the advance in wheat. Local receipts, in cars, were reported by the Merchants' Exchange as follows: Wheat Barley Flour Oats Hav Monday ..... Ii l (i 7 Tuesday 1(5 1 ;5 H 8 Tear ago 1.... 2. 1 11 Feason to date. 10fr'J 222( 149S 27"i2 Year ago 105:15 - 1342 1C74 SS4 2HJ.i FIRST WATERMELONS OF THE SEASON. Car Arrive From California and Sells Well in Spite of Cold Weather. The first watermelons of the season made their appearance on Front street yesterday, a straight car arriving from DInuba, Cal. They were only four days In transit. The melons, which were of the Florida Favorite and Kleckley Sweet varieties, were the best early melons ever seen here. They met with ready demand and by evening half of the car had been disposed of. They were quoted at 3 cents a pound. Another car Is due, Saturday. The cantaloupe market was steady at Monday's prices, but there was quite a heavy supply on hand. The first grapes also came in yesterday. They were Fontaln bluQS from Thermal, Cal.. and were of fair quality. They of fered, at 52 per crate. Good loganberries were scarce and read ily brought $1.50, but some soft stock was offered as low as 75 cents. Raspberries were steady at $1.251.50 and blackcaps at $1.75. Cherries and currants sold at former prices. The demand for peaches and apri cots was brisk. The car of apricots en route from Lewis ton, Idaho, will arrive Wednesday night. Two cars of California peaches, one of them freestones, are due Friday. Lemons were very strong, but none of the dealers quoted over $7 a box, though this figure is now the asking price for fancy lemons at California shipping points. Oranges are also firm. Nothing in the way of navels Is rolling for this market. A mixed car of apples and onions arrived from Sacramento. Onions are not as firm in the South as they were a week ago. Tomatoes were scarce and firm on Front street, but will be -more plentiful next week. Cucumbers were easier. ! OFFERS FOR HOPS ARE REFUSED. Crop Conditions In Europe Generally Favor able Beer Sales In May. Offers of 11 and 12 cents were made for several lots of hops in this state yesterday and refused. Crop reports from the country were, In the main, favorable. A cable received from Belgium said lice were Increasing In that country and the weather was unfavorable, while elsewhere on the Continent conditions were good. A London cable said the Kngllsh crop was looking good, but there was a little vermin. New York crop conditions are reported ty the Watcrville Times, of June 24, as follows: Hops are making good progress these days of ideal weather and the vines are clean and healthy looking:. Most srrowers f e;I pretty well satlsiled with their progress, the old yards being the only ones from which we hear complaint, and this is chiefly on account of the unevenness of the vine. The market still holds firm and steady, -with i good demand and with few, if any, trans actions. Internal revenue statistics for May show beer sales in the United States to have been 5,311.234 barrels, an Increase of 474, 49 barrels over May, 1009, an Increase of 403.374 barrels over May. 1008,- and a de crease of 99,074 barrels from the sales of May, 1907. Sales for the first five calendar months of 1010 were 22,403,608 barrels, as against 20,272,270 barrels for the same per iod In 1900, an Increase of over 10 per cent. CALIFORNIA GREEX FRUIT SHIPMENTS, Movement of Deciduous Varieties In the Past Week. The movement of deciduous fruit Is re ported by the California Fruit Distributor as follows: Apricots Not qttite so much of this fruit was shipped last week and there will be still less this week. In fact, the heavy movement or tnis iruit is entirely done and there will be only scattering shipments from this time forward. The quail tv of fruit during the past few days has been very murn retter man earner in tne season. f eacnes .s win De noieo. tnere Is a heavy gain In shipment of this variety, but trie rouowing weeK win snow a material decrease. Hales and Triumphs are now nearly done and St. Johns will not be In liberal supply for another week. There will. however, be a fair quantity available for Bnp:iient during tne next lew davs. Plums The plum movement Is now at its height and the varieties going forward are of the best produced in California. We will nave available ror snipment next week. Pur ple, Ruane. . Diamond, Tragedy. California Red. Slraonl, Chaloo. Sugar, Burbank. Peach Norman, Washington and Mystery, with lim ited quantities of Climax. Fruit s of satis factory quality" and will meet the most ex acting conumons. hears Harrietts nave Degun to make their appearance in a small way, but there will be none wortn mentioning for another week. The movement from the river wlil probably UOOD GENERAL DEMAND FOR POULTRY Receipts Are Targe, but Clean Up Readily, - r.KK -r j-trm. Poultry receipts were fairly large yes terday, but there was a good all-around de mand. Hens moved at 16 cents and the lest Springs ' brought ' 22 cents. The egg, market was firm, .with . only a limited amount or Oregon stock available, which was quoted at 26 & 27 cents. The demand for city creamery was greater than the supply and the result was an exceedingly firm market. Cheese also cleaned up wen. - - - -Bank Clearings. Bank clearings otf the Northwestern, cities yesterday were as ioiiows: ClParinRS. Balances. j'ortiana i.oh,m::i S2lo,o5 Seattle ,!7.s;i ' airi.ana Taroma il,t;il mi.i.T-j Spokane 070,513 123. 7t9 , PORTLAND MARKETS. Grain, Flour. Feed. Etc ' WHEAT Track prices: Bluestem. 4c Club. H05?81c; red Kussian, 75c; valley, 8:ic. jiwjuw rwonis, . o.ia -per barrel straights. 4.054.TS: export. 3. 60 OS. 80; i Valley. J6.S0; graham. 4.80; whole wneu. quarters, a- BiRLET Feed and brewing. J1920 per ton. CORN Whole, S!: cracked. $33 per ton. HAY Track prlcea: Timothy, Willamette Valley. S2021 per toiii Eastern Oregon, .'i4; allaira, JlJ-tf u; (train nay. ii'"- MILLSTUFKS man. ju per ton; mid dlings. (30: shorts. 121 22: rolled barley, S 24.B025.50. OAT3 Mo. 1 white, per ton. Dairy and Country Produce. B TITTER Cltv ere am err. extras. 2Vo; fancy outside creamery. 2S 29c per pound; store, 23c. (Butter fat prices average lhkc per pound under regular butler prices. y EGOS Oregon candled, 2u& 27c per doz.; Eastern. 2.425c CHEESE Full cream twins. iT(jfi7o per pound: Young America. lStflSc POULTRY Hens. 10c: broilers. . 20&22C; ducks, 12(f20c; geese, lO&llc; tur keys, live, lb it 20c; dressed, 22 25c; squabs, $3 per dozen. i-oitK. Fancy, 12&12C per pouna. VEAL Fancy. 1041-11c per' pound. LAMBS- Choice, llllo per pound. Vegetables and Fruits. r.RRRV TTRTTTTS InnUf Oraron NeW- town. $2 per box; new California, $1.75 per box: cherries. - SffflOc per pound; apricots, $1.J5(&1.35 per box; peaches. 7.c&f $1.25 per box ; plums. $1& 1.50 per box; gooseberries. o'gt'Cc per lb. ; currants, $2J22.25 Vr box; pears, new, $1.50 per box; grapes, $2 per crate. BERRIES Raspberries, $1.25 1-50 per crate; loganberries, 75c$1.50 per crate; blackcaps. $1.651.75 per box. MELONS Watermelons, 3c per pound; cantaloupes. $1.752.25 per crate. TROPICAL FRUITS Oranges, $2,5004; lemons, $tWa 7; grapefruit. $3.25&6 par box; bananas, 5c per pound; pineapples, 7 fwvc per .pouna. VEGETABLES Artichokes. 60373o p dozen; asparagus, ? 1.25(5) 2 per box; beans, 810c per lb.; cabbage. 242o per lb.; cauliflower, $2 per doz. ; corn, 45c per dox. ; cucumbers, $1&1.15 per box; head, lettuce. do (g) tiOc per doz.; hothouse lettuce. 50c $1 per box; garlic. 10fi124c per lb.: horse radish, 8 10c per lb.; green onions. 13o per aoz. ; peas, (& oo; peppers, 20c per pound ; radishes, 15 & 20c per dozen; rhubarb, 3o per pound: spinach. 8 dii l()c per pound: squash, Too per crate; tomatoes. $1.7a2 per box. SACK VEGETABLES Carrots, 85c 0$1; beets, $1.50; parsnips, 73c ruiATUKs old Oregon. o75o per hun dred ; new, 1 ifa c per pound. ONIONS California red. $2.50 a 2.75 per sack. HIGHER EGGS EXPECTED SEATTLE IKAIjERS LOOK FOR A SMAILEIt SUPPLY. Hens Are o w Abu rul ant in the Sound Market Butter Is Quoted Firm. SEATTLE. Wash.. June 28. (Special. Fruit receipts were light and with brisk trading on the street, prices remained gen erally stationary. cantaloupes fell off a quarter for choice grades, and cherries took another tumble of a quartar. Lemons and oranges advanced and Clark seedling straw- ocrries shared in the rise. All other fruits were steady. With the exception of onions, there was no change in the vegetable mar ket. A car of St. John peaches and plums and 4000 'sacks- of new potatoes came In, which sold at 1 to 1 cents. Other re ceipts were one car of oranges, 2549 crates of strawberries and 5554 miscellaneous pack ages. There was no change In the firm tone of local butter and eggs, but the large .ship ment of hens presages another upshoot of erg prices. Dealers predict that Spring chickens will be selling at less values than hens within a few days. High ost of feed ing has resulted in early shipments of Springs to this market and a consequent un dersized product. Firmnefas was the dominating feature of grain today. The scarcity of oats was com monly remarked, the heavy buyers being un able, through telegraphic inquiries through out the state, to till out the demand. The market showed an advance of a quarter. Grain receipts were 17 cars. SAN FRANCISCO QUOTATIONS Produce Prlcea Current tn the Bay City Markets. SAN FRANCISCO, June 28. The follow ing prices were current in the produce mar ket today: Butter Fancy creamery. ' 29c: creamery seconds, 28c; fancy dairy, 27c. Cheese New, 13 14c; Young America, 15 a 16c Eggs Store, 254c; fancy ranch, 27c Poultry Roosters, old, $5&5.50: roosters. young, 57.50 10 ; broilers, small, $2.25 fq) 3 ; broilers, large, $3.25 tip 3.50; fryers. $6Q-7.50; bens, $ j s 10 ; ducKs, old, o 7 ; ducks, young. $8G$10. Vegeta-bles Cucumbers, 60c (S $1.50; garlic, 3??4c; green peas, $2.50 3 ; string beans, 6 '9c; aeparagus, $l(&-2; . tomatoes, 60c$3; eggplant. 5 4i8c. Hops California. 1214c. Fruit Apples, choice, 75cf?$1.25; apples, common. ?o'a50c; bananas, 75c$j$3;- Mexican limes, $6f6.50; California Iwnonp, $2fMi; or anges, navels, $1 .50?i 3.50; pineapples, $3&4. Millstuffs Bran, $2324; middlings, $28 &31. Hay Wheat, $9f?14; wheat and oats, $912; alfalfa, $710; stock, $3i&'7; Btraw, per bale, 40 (fr 65c. Receipts Flour. 5392 qunrter . sacks; wheat, 19 centals1; barley, 6335 centals; oats, 15 cen tals; beans, 946 sarks ; potatoes, 2135 sacks; bran, 22U sack: hay. 146 tons; wool, 433 bales; hides, 1570. WOOI. PRICKS ARE IX BUYERS FAVOR. Demand at Boston Shows But Small Im provement. BOSTON", June 2S. Buyers continue to make the prices in the local wool market, although there is a BliKhtly better dumand for some grades. Inquiry ranges from fine and medium territory, through new Arizona, on. quarter and one-haif-biood Ohio fleeces and a little unwashed deluine. lealing in foreign wool is more encouraging. Advices from the West indicate that the new clip is moving siowly and that local rlealers are buying steady. One-quarter Ohio sells at 25c and fine territory. 2c to (Vc clean. California North ern, 544155c; Middle County, OOisj rlc; South ern, 45u47c; Fall free, 4243c; Fall defect ive. 35 j S6c. Oregon Eastern clothing, 6TS58c; Valley, No. 1. 45t84Uc. Territory Fine staple, C263c; fine me dium staple, OOWtilc; fine clothing, 58p HUc: half-blood. 5T4r5Sc; three-eighths-blood, 5S&6UC. Pulled Extra, 6Sc; ilne A, 6062c; A supers, 56(5' 57c. Wool at St. Louis. ST. IOCIS, June 28. Wool Steady. Ter ritory and Western mediums. 17Gf 2c; fine mediums, 10ul7c; fine, 12 814c. Metal Markets. NEW YORK. June 28. .Standard coppen weak. Spot. June, July, August and Sep tember, 11. 0&i 12.50c. Jjomloiv quiet; spot, 54 7s 6d; futures, 55 Is 3d. Arrivals were reported at New York of 1310 tone. Custom House returns show exports of ' 127 tons, making 17.6SH so far this month. Lake cop per. 12.624Co 12.S7c; electrolytic, 12.25 12.EOc; casting, 12.12 Vs x 12.37 Vz c Tin. firm:- spot, 32.85 S3. 15c; Juno, 82. 82 H & 32. 85c: July, 32.60 32. SOc; August, 32.50 tip 32.T5c ; September, 32.SOlt2.80c. Lon don, steady; spoC 14S 13s; futures, 149 12 6d. Lead, quiet. ' 4.45 4.50c. London, un changed, 12 15s. Spelter, quiet, 6.40 3.50c. London, un changed, 22 0s. Iron, lower; Cleveland warrants, 96s 6d in London. Looally. iron was unchanged; No. 1 fcundry. Northern, $16.50(8)16.75; Io. 2, l.0Uj.l6.2r.; No. 1 Southern and No. 1 Southern soft, ?16.2516.75. Coffee and Sugar. NEW YORK. June 28. Coffee closed steady, unchanged to 5 points lower. Sales included an exchange of 1000 bags of July for December at 10 points and totaled 34, 250 bags. Closing bids were: June and July. tt-55c: August. G.S5c; September, 6.70c; October, November and' December, fi.5c: January, 0.70c; February, 6.72c; March," 6.74c; April. .75c; May, 6.77e. Spot coffee steady; Rio, No. 7, 8 5-16c; Santos No. 4, flafce. Mild coffee quiet. Cordova 9H 12 c. Raw sucar firm. Muscovado, 89 test, 8.80c; centrifugal, 06 test, . 4..i0c ; molasses. ugar. 89 test, 3.55c. Refined, steady; crushed, -5.85c; granulated, 5.15c; powdered, .20c. New York Cotton Market. NEW YORK. June 28. Spot cotton closed quiet. 5 points lower. Mid-uplands. 14 !'5c: mid-gulf. 15.2()c. Sales. 300 bales. - Futures cloed barely - steady and 95?18 points down. w Jjne. 14.85c: July. 14.8Cc; August, 14.47c; Septtmber. 12.97c; October. 12.33c; Novem ber. 12.18c: December, 12.14c; January, 12.10c: February. 12.0'Jci Much. 12LL. SHORTS COVER LUTE At the Same Time They Unload : Wheat at a Profit. PRICE CHANGES SMALL Xo General Outside Demand for Stocks Miscellaneous Shippers Oppose Freight Rate Ap proval hy Meat Packers. NEW YORK. June 2S. The parallel spec ulation in stocks and in wheat showed evi dence today of a realizing movement in the sense of buying stocks to cover shorts and of profit-taking sales In wheat. There was no raaterialvchange In the conditions which prompted the movement. The large influence in the course of the market played by the crop situation in the Northwest does not admit of doubt. The immediate relief to the most severe weather conditions there was proved by the official terras of the weekly bulletin of the Weather Bureau, which reported Improvement due to timely rains in the more southern portion of the Spring wheat region. There was. how ever, the qualifying statement that rain in abundance Is needed in nearly all portions of the district. There was much attention paid to the constant estimates of the amount of damage already done to Spring wheat and the consequences to be expected to rail road traffic and business activity in the sections affected. . Of the more abtruse causes of the break In the market, there continued to be much confused conjecture. The force of events gives warrant to the supposition that the adjournment of Congress and the return to New York of J. P. Morgan had failed to toring out a demand for stocks which had been counted on by a party In the specula tion. The paucity of the demand was a fact beyond dispute. The representations of opposition from miscellaneous shippers to the agreement over rates between meat packers and the rail roads were cited as calculated to invite re newed agitation against the proposed al varces in freight rates. The complaints of this agreement take the form of accu sations of a community of interest by mutual ownership in the railroad companies and the centralized Industries, whose assent Is being sought to higher freight rates. A common profit at the expense of smaller shippers Is alleged as a jsroimd. for pro ceedings before the Interstate Commerce Commission to interfere with the programme. Rates for money showed little change, but the tone was somewhat firmer. The day's small net changes are due to the covering movement among the bears and supporting orders. The early down ward plunge established new low records for the year In some of the market leaders. Bonds were irregular. Total sales, par value, $1,873,000. United States bonds were unchanged on call. CLOSING STOCK QUOTATIONS. Closing Sales. High. Low. Bid. AllLs Chalmers pf. 10 3ntj ;toi 80 Amal Copper .... 44,100, 62 614 62V4 Am Agricultural 10O 41 7 414 41 Vi Am Beet Sugar 900 32V 32 V4 32 American Can .... 800 9 8vs Am Car & Fdy .. l.SOO 52 52 52U Am Cotton Oil . . 8.0 61 4 6" fiOfc Am Hd & Lt pf. 3M 32 31 32 Am Ice Securi ... 2u0 23 23 23 Am Linseed Oil 7M 32 12 11 Am Locomotive .. 900 40t 4014 40Vi Am Smelt & Ref. 17.2K 73 H 721 73V do preferred . . . I.00O 103 102 102, Am Steel Fdy ... 6OO 52, 5 52 Am Sugar Ref 300 119 118:)8 318 Am Tel & Tel .... 790 1354 334 135 Am Tobacco pf .. 400 94 03 Vi 93 Am Woolen 700 29 7 2SVi 27 Anaconda Min Co. 5K 3'4 37 Atchison 39.0OO 10O? 99 ' ... HM) do preferred . . . 3X 101 lol 301 Atl Coast Line ... 30 115 115 115 Bait & Ohio 2,700 10" 1084 109 Bethlehem Steel 24 Brook Rap Tran. 14,200 76 75 76 Canadian Pacific .. 2,7 190Va 189 189 Central Leather 1,600 35 34 Vi 354 do preferred ... IOO 105 10514 105 Central of N J 300 Ches & Ohio 2,300 76 75U .76 Chicago. & Alton.. 100 30 32 Chicago Ut west. (u zosfc i-t'M do preferred ... 8oO 473 47 47 Chicago & N W ... l.SOO 145Vi 143 143'4 C. M & St Paul .. 26.DOO 122Hi 119 121: C C, C & St L... 10O 78 78 77 Colo Fuel & Iron.. tiOO 3.1ii " S2 33 tj Colo & Southern ,t 2'Xi 60 56 55 V Consolidated Gas.. 14,900 13-lti 13214 lWm Cora Product . km 14, 14Vi 1h Del &' Hudson ". . 50O 162 11 '4, 161 D & R Grande ... 1,200 33,J 32V, 33Ts do preferred ... UOO 75 73Vi 74 Dlwtillers- Securi .. 400 29 2M !.. 2814 Erie '. 2,4iO 21! 25is 26 do 1st preferred. 6oo 4.'iVi 43 43 do 2d preferred. loo :I3 33 32 General Eloctrlo .. XlO 143 143 143 Gt Northern pf ... 0.400 127 12514 127 Gt Northern Ore .. 80O - 57 6;?s 56 Illinois Central ... oO 131 131 131 Interborouxh Met.. 5.2(H) IHVfc 17 17; do preferred . "4.100 Bci'm 49 49!Jt Inter Harvester .. 100 9H'4 96 9H't Inter-Marine pf ... 1,100 lOVi 16 1!4 Int Paper 31 lnt Pump 300 43 4234 43 Iwa Central .... ..... 16 K C Southern ... 1..W0 30 29 14 30U do preferred ... l.lOO 64 63 64 l.aclede Gas 3.20 100 99" 1H4 Louisville & Nash 1,500 145 li 1441a 144 Vi Minn & St Louis 30 M. St P & S S M 1.200 135 134 134 Vi Mo. Kan & Texas 10,100 36 Vi 36 3514 do preferred IOO 00:) 6i 66 Miuri Pacific .. 2.7O0 65 3Vi, 64 National Biscuit .. 20O lo5 105 104 National Lead ... 300 72 71 72 Mex Nat Ry 2d pf 25:i N Y Central 6.100 114 114 11414 N Y. Ont & West. .400 43 42Vi 42 Norfolk & West.. 2,000 99V4 99 99Vi North American . 2oo 6S 68 Northern racine .. 10.30O 123 121 V4 321 Pacific Mail H0 26 26 25 Pennsylvania 27,100 130V4 129 13o Peoples 6.H9 .... W0 lo6 IdSVi 3o5Va P, C C & St L... joo wi4 m 14 loo T"itteburg Coal 17 Pressed. Steel Car . 42 Pullman. Pal Car 105 Ry Uteel Spring... 4O0 33V4 33 3214 Reading .1S9.400 151 149V4 150 Republic! Steel ... 3.01O 31 3o 31 do preferred ... 1"0 93 93 92V4 Rock Island Co.. 16.900 SS 37 H 38 do preferred ... 1,800 81 79", 79 St L & S F 2 pf. 1.1MI 42Vi 41 42y St L Southwestern 200 32 31 31 do preferred 8cO 74T4 74 Vs 74 Sloss-Sheffield 70O 68 66 66 Southern Pacific .. 38.300 119 117 llSVi Southern Railway.. l.inO 25 2414 24 do preferred ... 6O0 59 58 68 Tenn Copper ...... ..... ..... 23 Texas & Pacific .. " 400 28 28 28 Tol, St L & West. 2.800 23 23 23 do preferred ... 200 6014 so 14 5o Union Pacific .... S3,50O 167 165 1 do preferred ... 20O 92 92 92 U S Realty 50O 74 73 73 TJ S Rubber 2. 10O 3914 38 SS U S Steel 176.800 74 73 74 do preferred ... 4.40O 115 114 11-3 Utah Copper .... 4.900 41 4 41 Ya-Caro Chemical. S.30O 57 08 67V Wabafh 2.000 18 17 18 do preferred ... 8.I0O 41 39 40 Western Md 5o0 4 44 44 Westinghouse Elec 50O 62 61 62 Western Union ... 100 63 02 63 Wheel & L Erie 3 Total sales for the day, 784.500 shares. BONDS. U. S. ref 2 reg.3O0NT. Y. C. gen.' 3's. S7 TJ. S- ref 2's cou . Ho INor. Pacific 3"s. . 70 U S. S's reg. . . . 101 14 Nor. Pacific 4-s..l02 TJ. S. 3 s cou 101 T-nton Pac 4's loo IT. S. new 4's reg.114 Wis. Cent. 4'... 90 U. S. new 4-s cou.114 Japanese 4's 90 D. & R. G. 4 B. 93 I Boston Mining Stocks. Allouez 38 Mohawk 48 18 11 23 70 a.3 129 33 70 9 39 9 30 50 .35 38 49 20 110 Amal Copper 60 Nev. Con Nipisslng Mines., North Butte North Lake. .... Am. Z. L. AS... 24 Ariz. Com 13 Atlantic o! R. & C. & Sil.. 12 Old Dominion... Osceola ........ Butte Coalition. . 17 Cal. & Ariz u- Cal. & Hecla...540 Centennial 15 Parrott ........ yuincy. ......... Shannon Con. R. Con. Co 60 Superior E. Butte C. M.. 7;Sup. & Bos. M. Franklin 10 Sup. & Pitts, c. . Giroux Con t 10 Tamarack Granby Con 34!f. S. Coal & Oil Greene Cananea. 7IU. S. S. R. & M. Isle R. (copper) 13 I do pfd Kerr Lake 8Utah iTon Lake Copper 48Winona LaSalle Copper.. 10 Wolverine ...... Miami Copper..'. 19 Money, Exchange, Etc. NEW YORK, June 28. Money on call, steady. 2 (S 3 per cent; ruling rate, 2; closing bid. 2: offered at 2. Time loans firm: 00 days, 3 per cent, and 90 dayB. 3 63 per cent; six months. 4V44. Prime mercantile paper, 4Q5 per cent. Sterling exchange steady at a decline. limine 8 ul bankers' bills at J4.P440 4.8450 for 60-day bills, and at M.fctiC for demand. Commercial bills $4.83 4.844. Bar silver 53c Mexican dollars 44c. Bonds Government, steady;- railroad, ir regular. LONDON. June 2S. Bar silver, quiet at 24d per ounce. Money, 2 per cent. The rate of discount In the djjen market for fhort bills Is 24 per cent; for three months' bills. .2 per cent. Consols for money, 82 5-16; do. for account, 82 G-ltf. SAX FRANCISCO, June 28. Sterling on London. 6o days. $4.84 i; sLsht, $4.bt)s,. Silver bare, 53c. Mexican dollars. 45c. Drafts, eight, 2c; telegraph, 5c. CHICAGO, June 28. New York exchange, 20 per cent discount. Treasury Statement. WASHINGTON. June 2S. The condition Of the treasury at the beginning of busi ness today was as follows: Trust funds Gold coin $S2.1S3.S69 Silver dollars .' 487,S'iO,OiK -Silver dollars of 1890 3,679,000 Silver certificates outstanding... 47. 830,000 General fund Standard silver dollars in general fund $ 4,76.7-3 Current liabilities 9S, 284,779 Working balance In treasury offices 20.550,686 In banks to credit of Treasurer of the United States. . . 4O,255,0::6 Suhsldary silver coin 2O.305.52o Minor coin I.O04.94K Total balance in general fund.... 84,036,605 Bullion for Bank of England. LONDON. June 28. Bullion amounting to 139,000 was taken into the Bark of Eng land on balance today. ME TEH-DOLLAR HOGS MARKET IS STRONG UNDER A LIGHT SCPPLT. Extra Good Steers Bring $5.6 5. Sheep and Lambs Move at Fairly Steady Prices. There was a good amount of business at the stockyards yesterday, but much below the volume of Monday's trading. The day's run was a moderate one and cleaned up well. There were no important changes in the price situation. Top hogs again sold at $10 and others not quite as good in quality at $9.75 and $9.99. A small load of extra good steers brought $5.65, which is now regarded as the top of the market. Cows sold up to $4.60. Sheep were steady, with sales at $4.25 and $4.40 and lambs brought S5.-5 and $5.73. A mixed lot went at $4.65. Receipts yesterday were 396 cattle, 28 calves, 115 sheep and 81 hogs. The shippers of the stock were: J. S. Flint, of Junction City, two cars of cattle, calves and hogs; George Brown, of Corvallis. one car of cattle and calves; R. A. Campbell, of Sheridan, one car of cattle, calves, hogs and sheep; E. B. Proctor, of Junction City, one car of cattle and sheep; C. M. Lister, of The Dalles, one car of cattle und calves; J. B. Hossman, of Lebanon, ono car of cattle and calves; E. R. Hannon. of Roseburg. seven cars of cattle, and F. B. Whitsett. of Roseburg. two cars of cattle. The day's sales were as follows:- Welght. Price. S50 $4.73 946 3.75 22 heifers . . 13 cows 4 cows 2 steers . 1 5 steers . . 15 steers 1 stag . 1 stag .... - 5 cows K07 3.75 870 4.75 12SO 5.6." 1125 5.25 12SO 4.50 1290 4.00 1002 4. 60 5 cows KTO 3.2. 116 sheep, mixed 77 4.65 8 hogs am lu.uo 18 hogs 200 10.00 39 sheep !M 4.25 17 sheen 90 4.40 45 lambs 64 6.2.1 34 lambs 9 5.7.' 244 lambs 66 5.73 16 hogs 1O0 9.73 07 hogs 208 9.90 1 hog 210 . 9.90 Prices quoted on the various classes of stock at the yards yesterday were as fol lows: Beef steers, good to :hol.?e California 5.50 S$ 5 "Rr.ef steers. cood to choice Eastern Oregon and ' Valley 5. 401) 5.60 Beef steers, fair to medium.... 4.2544 4.75 Cov.-s and heifers, good to choice 4.50 4.73 Cows and heifers, fair to me dium 3.75 S 4.23 Bulls 3.OO411 4.00 Stags 3.503f 5.00 Calves, light 5.75S0 6.75 Calves, heavv 4.00ii) 6.00 Hogs, top 9.60 (nD lo.OO Hogs, fair to medium 8.50 'a) 9.0 Sheep, best wethers 4.25(f 4.50 Sheen, fair to cood wethers.... :j.50r 3.75 Sheep, best ewes 3.75f(s 4.00 Lambs, choice 3.501D T.9tl Lambs, fair 4.054f 5.15 Eastern Livestock Markets. . . TI . T..n Ofi fnttlrt Ttnrnlnt, ' ' H H market active, steady. Native steers. $4.75 6 7.75; cows and heifers, 3.25('0; Western steers, $2.50(6.25; cows and ncifers, 2.75ft 5.25; canners, $2.60fa3.50: stockers and feed ers, $335.75; calves, ?X5'.l5; bulla, slags, etc.. $3.505.50. Hogs-r-Receipts 12,300; market 10tj20c lower. n n v v , va.o'. tv w..'" . 9; light. $0(8 9.35; pigs, 7.oOSjS.75; bulk of sales. $8.9rq 9.50. Sheep lieceipts bouu: maraet stronger. Yearlings. $4.85 ! 5.75; wethers. $3.90 gi b. a0; ewes, $3,5044.25; lambs, SU.o0 l.-o. Grain and Produce at New York. NEW YORK. June 28. Flour Firmer fu top grades, with a fair trade. Spring pat ents, $5.40(35.70; Winter straights, $4.35(ii 4.50; Spring clears, $4.30 4.60. Receipts 26,473; snipnienis xj, ...(. . Wheat Spot irregular; No. 2 red, $1.08, nominal C. I. F., to arrive elevator; No. 1 Northern. $1.25. nominal F. O. B. to ar rive. Ootions were very nervous and er ratic, but sentiment was bullish and the tendency of values upward, owing to the absence of rata in the Northwest and par ticularly unfavorable crop advices. The close was llc net higher. July closed $1.08: September closed $1.07: Decem ber. $1.08. Receipts 47,400 bushels. Hides and Petroleum Steady. Wool Quiet- Domestic fleece. 32 33c. Changes In Available Supplies. NEW YORK, June 28. Special telegraphic communications received by Bradstreet's show the following changes in available supplies as compared with the previous account: Bushels. Wheat. United States, east of Rock ies, recreated .-. . .1,839.000 Canada, decrea.ied 368,000 Total, United States and Canada, de creased 2.237.O0O Afloat for and in Europe, decreased . 1,800,000 Total American and European supply decreased 4,037,000 Corn. United States and Canada, de creased 444,000 Oats, United States and Canada, de creased , - 193,000 Grain at San Francisco. SAN FRANCISCO, June 28. Wheat firm, bariev weak. Spot quotations: Wheat Shipping, $1.40 1.45 per cental. B-arley Feed. 08c$l per cental; brew ing. $1.071.10 per cental. Oats Red. $1.15& 1.27 per cental; white, $1.42(ffl.4714 per cental; black, nominal. Call board sales: Barley December, $1.0314 per cental. Corn Large yellow, $1.5331.55 per cental. European (iraln Markets. LONDON, June 28. Cargoes, a better feel ing, owing to American advices. Walla Walla for shipment at 33s 6d to 34s. English country markets firm; French coun try markets firm. - LIVERPOOL Wheat July closed 6s 8d: October. 6s 10d; December, 6s lld. Weather la England today was unsettled. 1 7 Minneapolis Grain Market. MINNEAPOLIS. Minn.. June 28. Wheat Julv. $1.13: September. $1.09; December. Sl.07. Cash. No. 2 hard, $1.17; No. 1 North ern. $1.15 (31.17: No. 2 Northern. $1.11 ei-13: No. 2 Northern, $1.09 1.13. Flax closed et $2.17. Corn No. 3 yellow. 5553 56c. Oats No. a white. 3S'B39c. Rye No. 2, 7072c. Grain Markets of the Northwest. TACOMA, June 28. Wheat Rxport: Blue stem, 86c; club. 82c. Milling: Bluestem, 81c; club. 78c. Recelpts Wheat, 12 cars; oats, 8 cars; bar ley, 2 cars. SEATTLE. June 28. Milling quotations: Bluestem, 86c; forty-fold, 84c; club, 83c; Fife. 83c: red Ruspian, 81c. Export wheat: Blue stem, 83c; forty-fold. 81c; club, 80c; Fife, 80c; red Russian. 78c. Yesterday's car receipts: Wheat 33 cars, .oaUi 6 cars, baxiejf ."Ks GRAIN MARKETS shrdl c Stock Jobbers Said to Be In fluencing Wheat Market. BUT TONE HOLDS FIRM Crop Xews From the Spring-Grain States Still the. Deciding Factor. Russian Cholera Report Has Small Effect. CHICAGO. June 28. Humors were heard today that stock Jobbing interests have been J influencing the wheat market for effect on 1 securities. As a result, grain prices were I extremely nervous and investors sold during I all bulges. Nevertheless, hot, dry weather , In the Northwest caused further advances. 1 The cloae. too. was firm 1 to lc net higher. All other Maples headed in the opposite di rection, corn finisning unchanged to c lower, oats unchanged to c lower and hog products 6 to 25c. Crop experts in the Snring wheat district added to calamity talk as a rule, but a. few made more temperate asrtlons that former ly Northwestern exchanges led the advances. Winnipeg in particular. It waa noticed that the firm which has bought wheat here tne most freely in the lapt three or four days was a heavy seller throughout the session. European markets were mainly higher, but showed no Indications of excitement concern ing a -Russian cholera report that caught the attention of the crowd in the final hour and was an element infringing about the top quo tations of the day. Traders quickly changed their mind as to thje Importance of the news from Rus-sla, prices receding an average of c. but closing firm because of high tempera tures and reported still woiw conditions in North Dakota. September ranged from l.oo to (1.02M. closing lc to up at $1.01 to $1.01. mere was a great deal of country selling of small lots in corn. September fluctuations were between 59c and 60c. with the close c off at 59c. The cajh market was weak. No. 2 yellow finished at 60O0ic Intfoats the disposition to take profits, was pronounced. Price limits for the September delivery were S8c and 39c, with last sales at 3838. a net decline of c. Packers bid persiBtently for July pork. At the windup that option was off only 5c, as against 25c for September. Lar dand ribs fin Lulled 1o(Q15c below the previous close. 'the leading futures ranged as follows: TRADE IS NERVOUS WHEAT. Open. . High. Low. Close. July l.0 $1.01 $ .99 $1.01 -Sept 1.01 1.02 l.no 1.01 Dec 1.0 1.03 1.01 1.03 k CORN. July r.S -5R .BR .58 Sept 60 -K0 .59 .59 Dec 58 .58 .57 .58 OATS. 'July 39 .39 .311 .39 Sept 39 .39 .38 .38 Dec 40 .40 .39 .39 MESS PORK. Julv 23.60 23.( 23.60 23.60 Sept 22,15 22.47 14 22.25 32.25 LARD. Julv 12.35 12.3714 12.2714 12.27 Sept 12.37 -12.37 12.25 12.25 SHORT RIBS. July 12.87 12.87 12.82 12.82 Sept.. 12.40 12.40 12.30 12.39 Grain statistics: Total clearances of wheat and flour were equal, to 95.000 bushels. Primary receipts were 250.000 bushels, compared with 23' OoO bushels the corresponding day a year ago. The world's visible supply, as shown bv Bradstreet s. decreased 4,037.000 bushels. Estimated receipts for tomorrow: Wheat, 8 cars; corn, 190 cars; oats, SS cars; hogs, 30,000 head. Receipts. Shipments. Flour, barrels 18.900 31,700 Wheat, bushels 22.800 87,400 Corn, bushels S37.BOO 244.900 Oats, bushels v.223.200 365,300 Rye. bushels 3.000 1,000 Barley, bushels 73,500 16.600 Bonds Investments Timber Lands McGrath & Nenhansen Co. 701-2-3-4-5 Lewis BUg. PORTLAND, . OREGON Many property owners KNOW NOW many will learn, that BITULITHIC Pavement has more sta bility, more real value than any other hard-surface pavement laid. TRAVELERS' CiUIDE. COLUMBIA RIVER SCENERY Fast Excursion Steamor ' CHAS. R. SPENCER Leaves dailv except Wednesday, 8 A. M for Iiood River and way landings and re turn leave Hood River-, 2:30 P. M. ; arrive Fortland 8 P. M. Sl'NUAT EXCURSIONS. Leaves 9 A. M.: returns. 5:30 P. M. Flrst-clasa Meals Served.. Fare. One Dollar Round Trip. Up-town Office. 69 6th St. Phones Marshall 1979, A 1293. Landing and Office, Foot Washington St. Phones Main 8619. A. 2465. Lowest Rates to Picnic Parties. E. W. SPENCER. OWNER. COOS BAY LINE 5-DAY SERVICE. Steamer Breakwater leaves Portland 9 A M., Jul 3, S, 13. 1 S, l:t. 28, Aug. ti, 7, t. 3 1. UK 24, 29 and every five days, from A ins worth Dock, for North Bend. Marsh field and Coos Bay points. . FYeight received until 5 P. M. dally. Pawenger far, first class, second-class. $7. including berth and meals. Inquire City Ticket Office, 3d and iVAPhlngton. sts. or A ins worth. Dock. Main THE UNITED STATES NATIONAL BANK PORTLAND. UNITED STATES DEPOSITORY Capital - - - $1,000,000.00 Surplus and Profits, $725,000.00 OFFICERS: J. C. AUfSWOnTH, President. R. YV. 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 LURfiBEHMENS ' National Bank CORNER FIFTH AND STARK STREETS PORTLAND, OREGON Capital OFFICERS. G. K. Wentrrortn Presides John A. Keatlog. Vice-President Geo. L. McPneraon. . . Vice-President II. D. Story. ................ Cashier P. A. Freeman. ... .Assistant Cashier Graham l)uk.e hart-. Assistant Caahlea :',aas sas-j s:.a : V;i;t'?i.i3ifi.a:j - 5-'--'r3pi..'-.'",ii:-i OLDEST BANK. ON THE PACIFIC COAST CAPITAL $1,000,000 SURPLUS and PROFITS $600,033 OFFICERS. W. M. LADD, President. EDW. COOKINGHAM. VIce-PresMs W. H. DUNCKLBT, Cashier. R. S. HOWARD. JR.. Ass't Cashier. X. W. LADD, Assistant Cashier. .WALT 3 K M. COOK. Ass t Cashier. Interest Paid' on Savings Accounts and Certificates of Deposit We Issue Letters of Credit, Foreign Drafts, and Travelers Cneclcs 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 Capital $1,500,000 Surplus 750,000 Oldest National Bank West of the Rocky Mountains TRAVELERS' GUIDE. Columbia River, Port land and Astoria Route Steamer Hassalo leaves Portland daily from Ash-street dock, except Sunday, at fl P. M- (Saturday at 10 P. M.) : returning, leaves Astoria dally, except Sunday, at 7 A M. Tickets Interchangeable with steam er "Lurllne." which leaves Astoria daily, except Sunday at 7 P. M. SAX FRANCISCO & PORTLAND SS. CO. New Service to San Pedro Every 5 Days. From Ainsworth Dock. Portland, 9 A. M. : S.S. Beaver, July 2: Bear, 7j Kone City 12. From San Francisco for Portland. 11 A. M. S.S. Bear, July 3; Rose 'City, 6. From San Pedro, northbound. S.S. Beaver. July 8; Bear, 13; Rose City, 18 H. G. SMITH, C. T. A., 143 Third St. Phones: Main 402, A 1102. J. W. RANSOM, A rent. Main 268. Ainsworth Dock. San Francisco and Los Angeles DIRECT North Pacific S. S. Co.'s S. P. Roanoke and S. S. Elder sail every Wednesday alternately at 6 P. M. Ticket office 132 Third st., near Alder. H. VOl'Mi, Agent. Phones I. 1314, A 1314. ' ' OREGON $500,000 DIRTICTORS. G. K. Wentworth Chas. S. Russell P. 8. Brumby Dr. K. A. J. Markenxli George G. Blngtiam Lloyd J. "iVentworth J. E. Wheeler Geo. I McPlierson John A. Keating Robert Treat l'latl 11. L. Story 1 DIRECTORS. EDWARD COOKINGHAM. HENRY L. CORBBTT. WILLIAM M. LADD. CHARLES E LADD. J. WESLEY LADD. fi. B. LINTHICU1I. FREDERIC B. PRATT. THEODORE B. WILCOX. TRAVELERS' GUIDE. All Modern Safety Devices (Wireless. Etc.) LONDON PARIS HAMBURG ' Pres. Lincoln. .July fl'J! Pennsylvania July 2(1 tAmerika July Cleveland July 2a Pres. Grant. .July 13'tKais. Aus;.Vic.July3i) Cincinnati ...July 10Pres.Llncoln Aug. 10 tUnexcelled Rllz-Carlton a la Carte Res taurant. 'New. iMamourg direct. ITALY VIA GIBRALTAR, KAI'LKS and UGKOA. S.S. MOI.TKE July 12. 2 P. SI. S.S. HAMBURG August B S.S. MOI.IKK August 3d Hamburg-American I.lne. 160 Powell ht.. San Pranclsco. Cal. and Local R. R. Agents In Portland. SEASICKNESS Will be prevented and relieved hy using TONIQIE UAL DE MKR, a safe and relia ble remedy. Take a bottle with you and In sure yourself all pleasures of an ocean voy age. Sold by leading druggists. Price cents, or -mailed, postpaid, by NEPTUNE KEMKDT CO., ' Sole Manufacturers, Phone Main J307; A 6al2, Portland. Qt,