THE MORNING OREGONIAN, WEDNESDAY,' JULY 6, 1910.
17
HELD ABOVE MARKET
No Wheat Is for Sale at Cur
rent Prices.
AND DEMAND IS SMALL
Local Dealers Offer 85 Cents ; for
Blucstem, but Better Prices
Are Quoted on the Sound. "
Weekly Statistics.
The week opened with condition! in the
local wheat market but little chanced from
those of last week. The demand was small
all around and there were practically no
eellers. Speculative dealers here would
probably be disposed to take on some wheat
In view of , the good market prospects if
they could buy wheat at going market
prices, but this is not possible with farmers
In their present bullish mood. Bluestem
was quoted by the local trade at 85 cents
es the outside price, but quotations a cent
and In some instances two cents better
than this figure were reported on the
Sound. There was no change in the mar
ket for coarse grains.
Local receipts, in cars, as reported by
the Merchants Exchange, were as follows:
- Wheat. Barley. Flour. Oats. Hay.
Monday and
Tuesday 28 13 S
Year ago 3 2 14 1
Season to date., al 10 51 10 23
year ago 4 2 18 4 10
The weekly grain statistics of the Mer
chants' Exchange follow:
American Visible Supply
Bushels. Decrease.
July 5. 1910 12.036.000 1.108.000
July 6, 1909 9,756.000 1,524.000
July . 1908 13.827,000 1.. '.42.000
Julv 8, 1907 48,S40,00I 303.000
July 9. 190B 24.957,000 935.000
July 10. 1905 13.423,000 805.000
July 3. 1904 14,O:.5,000 600,000
July 6, 1903 15,970,000 1.489.000
July 7, 1902 19.122,001) 638,000
July 8, 1901 29,688,000 1.105,000
Increase.
Quantities on Passage
. Week Week Week
Ending- Ending Ending
July 2 Ju,ne 2i July 3. '09
For Bushels. Bushels. Bushels.
United
Kingdom .23.920.000 24,080.000 20.000,000
Continent .. 8.320.000 9.920.000 14.880.000
Total ....32.240.000 34.fl00.O00 34.880.000
World's Shipments Principal Exporting
Countries (flour Included)
Week Week Week
Ending Ending Ending
July June 25 July 3, '09
From Bushels. Bushels. Bushels.
:. S. and
Canada .. 1.931.000 1.706,000 1,311.000
Argentine .. 1.016.000 864.000 2.144.000
Australia .. 600,000 848,000 200,000
Danubian
Ports 632.000 256,000
Russia ..... 3.104.00O 2.968.000 1,480.000
India 1.320.000 160.000 863,200
Total ..w 7.971. 00O 7.178.000 6,254,200
Foreign crop conditions are summarized
by the Liverpool Corn Trade News as fol
lows: United Kingdom The crop outlook on the
whole is favorable,' although the weather
has become wet and stormy. Dry weather
is wanted.
France There are continued complaints
regarding a light yield, but according to
the best authorities there will be sufficient
wheat to supply home' requirements, as
there are fairly liberal old reserves of wheat.
The weather Is wet and stormy.
Germany The crop outlook is generally
good. The potato crop has been damaged
some by frost. The weather is cool and
rainy.
Russia -The crop outlook continues gener
ally favorable. It Is claimed that there are
still liberal reserves in the interior to come
forward for shipment.
Roumania Crop conditions on the whole
are favorable, although there are some com
plaints of lodging. The weather is un
settled. Hungary The crop outlook is excellent.
The weather is favorable.
Austria, Spain and North Africa Present
Indications point to fair crops.
Italy and Turkey Crops have been dam
aged slightly by unfavorable weather con
ditions, but an average yield is Indicated.
FOREIGN HOP C'KOP CONDITIONS.
Weather, Good or Bad, Has No Material
Effect on the Market.
The only news in the hop market yes
terday came in the shape of cables from
Europe on crop and market conditions. The
following London cable was received late in
the afternoon:
"Weather Improving. Hops forward gen
erally. Some reports not so favorable. Ver
min increasing, but only few growers spray
ing. Mold is appearing in sections. Market
firm with upward tendency. Growers re
fuse to sell at market values."
A London cable received early in the
day was as follows:
"Weather Wet and cold. Weather un
favorable. Think market will improve
Boon."
Continental cables reported the weather In
Belgium and Germany to be unfavorable,
but the crop looking well, while in Austria
the weather and crop were good. The
German market was lifeless.
Mali advices from Europe brought no
new information beyond the fact that Lon
don dealers estimated the English crop
anywhere from 360.000 to 400,000 cwt.
MELONS ARK SCARCE IX CALIFORNIA
Prices Are Firmly Maintained In This Mar.
kf Webb I-amherts on Hand.
Several cars-of watermelons arrived yes
terday, but cleaned up readily at ; cents.
The market was firm on advices from
California that melons are scarce. There
was a light supply or cantaloupes on the
street and. prices were firm, the best bring
ing $2.50 per crate.
Some fancy Webb Lamberts were offered
at 13 H cents a pound, and other Lamberts
sold from 7 cents up. Other varieties of
cherries were unchanged. Blenheim apri
cots from Medford of fine quality- were
quoted at $l.o01.75 per crate. A few
crates of blackberries were received and
sold at $3. The best loganberries brought
.$1.40 and shipping raspberries 81.60 per
crate. Blackcaps were also firm.
A car of California tomatoes found ready
sale at $1 per crate, but Dalles tomatoes
of superior quality were hard to dispose
of at $ a crate.
Creamery Meeting; Postponed.
No change has been made yet In butter
quotations, the meeting of creamery men
called ror last night having been post
poned until tonight. The market is very
firm.
There was a strong demand for chickens
of all kinds yesterday, particularly hens
and large Springs, which sold at. full prices.
Oregon eggs were In small supply and
firm at 26 cents case count, and 27 cents
candred.
BANK CLEARINGS.
Bank clearings of the Northwestern cities
yesterday were as follows:
. Clearings. Balances.
Portland $2,332,072 4174.738
Seattle 2.3K2.3I!:: 242 631
Taeoma 1.2M.S49 77.659
Spokane 1.112,859 206,052
PORTLAND MARKETS.
Grain, Flour, Peed, Kte. ' '
WHEAT Bluestem. 8Sc: club. Sic; red
Russian. 7Sc: valley, 82o.
FLOUR Patents. 3.15 per barrel;
tralghts. $4.03 4.73; export, f3.S0Qi3.8O;
Valley, $3.30; graham, $4. SO; whole wheat,
quarters, $5.
BARLEY Peed and brewing, 1920 per
ton.
CORN Whole, $32; cracked, $33 per ton.
HAY Track prices: Timothy, Willamette
Valley, $2021 per ton; Eastern Oregon.
$22624: alfalfa, new, $1314.
MILLSTUFFS Bran. 20 per ton; mid
dlings. (80; shorts, $2-1022; rolled barley,
$24.50 23.50.
OATS No. 1 white. $25.5026.50 per ton.
Dairy and Country Produce.
BUTTER City creamery, extras, 20c;
fancy outside creamery, 23 29c per pound;
otore. 2ac. (Butter fat prices average 1V
per pound under regular prices.)
EGGS Oregon, candled, 27c per doi. :
Castern, 25c.
CHEESE Full cream twins. 1717H
per pound; Young America, !SlSVac.
POULTRY Kens. iTIAe; Springs. 20
224o; ducks.' 15017c; geese, 10&llc; tur
keys, live, IS & 20c; dressed, 22 25c;
squabs, $3 per dozen.
PORK Fancy. I212c per pound.
VEAL Fancy, lOf&llc per pound.
LAMBS Choice. lillc per pound.
V Vegetables and, Fruits.
GREEN FRUITS Apples, Oregon New
town, $2 per box; new, $1.702.25
per box; cherries 5il24c per pound;
apricots, tl.25frl.75 per box; plums,
1.50 per box: gooseberries, 5&6c per lb.;
currants. t-'.252.40 per box; pears, new,
$1.50 per box: peaches, 90cfrf$l per box.
BERRIES Raspberries. $1.40?1.60 per
crate; loganberries, SlazL40 per crate:
blackcaps. $1.5u&-2 per . box; blackberries,
$3 per box.
MELONS Watermelons. 2c per. pound;
cantaloupes. t2.2"2.50 per crate.
TROPICAL FRUITS Oranges. $2.504:
lemons. grapefruit, $3.25 6 per box;
bananas. per pound; pineapples. 7$?vc
per pound.
VEGETABLES Artichokes, 6075e per
dozen; asparagus. $1.252 per box; beans,
lS-3c per lb.; cabbage, 2H2Vjc per lb.;
cauliflower. $2? per dozen.; corn. 45c per
dozen; cucumbers. 0c per dozen; egg plan.
12V4C per pound: head lettuce. SCigOOc
per dozen ; hothouse lettuce, - 50c
&$1 p-r box; garlic, 10lSV4c per lb.;
horseradish, 810c per lb.; green onions, 15c
per doz. ; peas. 2c; peppers. 20c per
pound; radishes, 1.1&20c per dozen: rhubarb,
3c per pound ; -spinach, S14)c per pound;
squash, 75c per crate; tomatoes, $12 per
box.
SACK VEGETABLES Carrots, S5c$l:
beets, $1.M); parsnips, 73cfi$l.
POTATOES Old Oregon. 60 73c per hun
dred; new, lc per pound. '
ONIONS Callfo"'-. red, $2.502.75 per
sack.
DEALERS BUY SLOWLY
AWAIT DEVELOPMENTS IX
WESTERN" WOOL SECTIONS.
Growers Still Refuse to Grant Con-
cessions Small Trade In Old
Clip at Boston.
BOSTON, July 5. With little business be
ing transacted in the local wool market.
Interest is turning more and more toward
th'e new clip now being shown. Growers in
most sections of the West refuse to grant
concessions, and while dealers here are
awaiting developments. very few have
bought any large amounts.. Reports from
the West indicate that some Idaho has
sold for 15 cents in the grease and in
Ohio 23 to S5 cents -is being paid for me
dium. The feature of the local market is de
mand for New Zealand cross breds. while
other lines of foreign wool are also moving.
Pulled wool is dull. Missouri three-eighths
blood is quoted at 2627c, and quarter
blood at 2426c. Quotations, scoured basis:
Texas Fine 12 months, 5860c; fine six
months, 5456c; fine Fall, 5052c.
California Northern, 53 55c: middle
counties, 5051c; southern, 4547c; Fall
free. 40 43c.
Oregon Eastern No. 1 staple. 61 "3 62c;
Eastern clothing, 56 57c; valley No. 1,
S254c.
Territory Fine staple, 62 64c; fine me
dium staple. 60&'61c; fine clothings 575Sc;
fine medium clothing, 54;56c; half floods
combing, 5758c; three-eighths blood comb
ing, ri556c; quarter blood combing, 52&54c
Pulled Extra. 68c; fine A, 60 132c; 'a
supers, 56 57c
SAN FRANCISCO QUOTATION'S.
Produce Prices Current In the Bay City
Markets.
SAN FRANCISCO, July 5. The follow
ing prices were current in the produce mar
ket today:
Butter Fancy creamery. 2Sc; creamery
seconds, 27c; fancy dairy, 27c.
Cheese New, 33813c; young America,
15rl6c.
Eggs Store. 23 c: fancy ranch. 27c'
Poultry Roosters, old, $55.50;- rosters,
young, $7.508.SO; broileA, small. $2.25i3:
broilers, large, $3.25(33.50; fryers, $5r6;
hens, $54$ 10; ducks, old, $4.oOQ5; ducks,
young, $6(8.
Vegetables Cucumbers, 15 75c; garlic. 3
'4c; asparagua, $12; tomatoes, 35cfc'$2;
eggplant, 5 8c.
Hops California, 31 (SI 4c.
Millstufls Bran, $22i23; middlings, $2S
31.
Hay Wheat, $014; wheat and oats,
$012; alfalfa." 10; stock, $57; straw,
per bale, 40 65c.
Fruit Apples, choice, 75cJ1.25; apples,
common. 35&50C; bananas, 75cr$3; Mex
ican limes. $t(g 0.5C; California lemons, $2
45' 6; oranges, navels, $1.50(6.50; pineap
ples. $2.503.50.
Receipts Flour, 4092 quarter sacks;
wheat, 70 centals; barley, 13.000 centals;
oats, 670 centals; beans, 562 sacks; corn.
S70 centals; potatoes, 2170 sacks; bran, 220
sacks; middlings, 55 sacks: hay, 1430 tons;
wool, 588 bales: hides. 1490.
Dairy Produce in the Lat.
NEW YORK, July 5. Butter, steadv.
Creamery specials, 20V4c; extras, 2Hstrcp
2Sc; thirds to firsts. 2528c; state dairy,
common to fine, 23(ft2Sc; process, second to
special. 22 9 23 M a; factory, 22g23c; imita
tion creamery, 24 25c.
Cheese, firm. State whole milk, specials,
15H16o; do fancy white, 144c; do fancy
colored, 13c; do average prime, 141iai4Hc;
do fair to good, 1314e; do common, 10
I2c; skims, full to specials, 2 4 fiel24c.
Eggs, weak. State, Pennsylvania and
nearby hennery, white, 2427c; do gath
ered, white,- 2223c; do hennery, brown,
2325c: do gathered, brown. 2tffl23c; fresri.
gathered extra firsts, l20c; do firsts, 17
18c.
CHICAGO. July 5. Butter Steady.
Creameries. 24 (U 27 c: dairies. 23 26c.
Eggs Receipts 13.052; steady at mark,
cases included, 15&16&C; firsts, 37c; prime
firsts, 18c.
Cheese Steady. Daisies. lSltglS'Slc;
Twins. lo154c; Toung Americas, 15Vt4l
15ftc: Long Horns, 15!i313c.
Dried Prnlt at New York.
NEW YORK, July 5. Evaporated apples
quiet and steady. Spot fancy, 10,-ilc;
choice, 8(&9c; prime, 7 7 Vic; common
to fair. 6i. 6ic.
Prunes quiet and steady; quotations 3c
to 9 "ic for Callfornias up to 30-40s, and
4H9Vic for Oregons.
Apricots firm; fairly active export de
mand: choice. 9V4tlOc: extra choice,
10Hllc; fancy, I0?4121c.
Peaches inactive, steady; choice, 64
64c; extra choice, 77c; fancy, 7i!&
8 'AC.
Raisins quiet, firm: loose muscatels. 3
6i5c; choice to fancy seeded. 4i$;654c:
seedless, 3 4c; London layers, $1.20 Q
1.2a.
Coffee and Sugar.
NEW YORK. July 5. Coffee closed steaWy
at a net gain of 5 to 10 points. Sales, In
cluding exchanges, 38.250 bags. Closing
bids: July. 6.70c; August. 6.80c; September,
6.8Rc; October. 6.R8c; March. 6.90c; April.
6.lc; May, 6.93c; June, 6.94c Spot coffee
quiet: No. 7 Rio. 8c: No. 4 Santos. 9 V4C
Mild coffee steady; Cordova. 10(&'12c
Sugar Raw firm: Muscovado. 89 test,
3.83c; refined steady: centrifugal, 96 test,
t.tZc: molasses sugar. 89 test. 3.5o; crushed,
5.85c; granulated, 5.15c; powdered, 5.35c
New York Cotton Market.
NEW YORK. July 5. Cotton futures
closett steady at a net advance of 10 to 19
points.
July. 15.43c: August. 14.80c; September,
13.38c: October. 12.75c; November. 12.62c;
reeerober. 12.76c: January, 12.54c; February,
12.53c; March, l.57c.
Spot closed quiet, 10 points higher. Mid
uplands. - 15.45c; mld-gulfi 15.70c Sales,
11,897 bales.
Hope at London.
LIVERPOCL. July 5. Closing: Hops In
London, Paclfio Coast, steady, t3a4 5s.
Elgin Batter Market.
ELGIN. HI.. July 5. Butter Firm, 27 lie:
output, 1.0ys,30l pounds.
HOGS UPTEN CENTS
Prices Again Reach .$10.10 in
the Local Market.
SUPPLY IS INADEQUATE
Strong Demand Keeps Values Going
Forward Small Trading In
Other Iilnes Cattle and
Sheep Are Steady.
In spite of -T. Ogden Armour's declara
tion that the $10 hog Is a thing of the past
In this country, the local market for this
class of livestock has continued for some
time to move upward, yesterday there was
a gain of 10 cents In hoss at the North
Portland stockyards which put the price at
$10.10. At the new level the market is
very strong, as the supply is under the de
man el.-
There was a fair run of stock at the
yards, but trading was not large. Four
loads of hogs, . ranging in weight from 190
to 254 pounds, found buyers at the top. level,
another load went at $10 flat, and another
of light weight brought $9.70.
There was not much doing in cattle and
no business In sheep. Buth these lines held
steady so far as values were concerned.
Receipts over Sunday were S60 cattle, 553
h.ogs. D4 sheep, 30 calves and 2 horses. '
Shippers of the stock were W. H. Field,
Idaho Falls, Idaho, five cars hogs; John
Show, Maple, Or., one car cows; B. F.. Cut
right, JCorvaIlls. Or., one car cattle and
horses; Goodale & Cassady, Goodale. Cal.,
one car cattle; C- S. Walker, Ontario, Or.,
two cars cattle and calves; Kiddle Broth
ers, Rimbler, Or., one car hogs: J. E.
Smith et Liveston, Meachem, Or., tvro cars
sheep.
The day's sales were as follows:
Weight. Price.
100 hogs 199 $10.10
02 hogs 215 10.10
92 hogs 207 10.10
92 hogs 2S4 10.10
W hogs 241 XJ.0U
SO hogs 140 9.70
3 steers 1050 4.00
3 cows W.")7 - 3.00
Prices quoted on the various classes of
stock at the yards yesterday were as fol
lows: '
Heef steers, good to choice
California $ 5.504 $ 5.75
Beef steers. good to choice
Eastern Oregon and Valley. 5.40.I6 5.60
Beef steers, fair to medium.... 4.25$' 4.75
Cows and heiters, good to
choice 4.50(8 4.75
Cows and heifers, fair- to- me
dium 3.75S 4.25
Bulls ..: .- 3.0OSD 4.O0
Stagff- 3.50fu 4.50
Calves, light B.T5W 6.75
Calves, heavv 4.00ft 3.5
Hogs, top .73(ii) 10.10
Hogs, fair to medium 8.50(f8 9.50
Sheep, best wethers 4.25(1 4.50
Sheep, fair to good wethers . . 3.50f(tf 3.75
Sheep, best ewes 3.75W 4.0U
Lambs, choice 5.50fg) 5.75
Lambs, fair 4.50(gi 5.00
' Eastern Livestock Markets.
KANSAS CITY, July 3. Cattle Receipts
10,000; market strong to 10c higher. Na
tive steers, $5g8.25; native cows and heif
ers, $2.50'g 7.25 ; stockeis and feeders, $4.25
fe 8; bulls, S3.25to4.75; calves, $3.73 i.oO;
Western steers, $4(7.50; Western cows, $3
tj 5.50.
Hogs Receipts 8500: market 1520c
higher. Bulk of sales. $9.05(6.9.20: heavy,
$09.10: packers and butchers, $u.059.2O;
light. $9. law 9. 30; pigs. 8.75a9.
Sheep Receipts 7000; market steady.
Muttons, $3.75e7; lambs, $o.758 fed
wethers and yearlings. $4.25(0: fed West
ern ewes. $3.75 4.75.
OMAHA, July 3. Cattle Receipts 2900;
market 10c higher. Native steers. $5 8.25;
cows and heifers. $3 6: Western steers,
$4.50 5.50; cows and heifers, $3S4.50; can
ners, $2.75(3.50: stockers and feeders, $3
5.75; calves, $34?7; bulls, stags, etc., $3.23
5.25.
Hogs Receipts 2o00; market 30c higher.
Heavy, $S.70&8.S5; mixed, $t.S5 8.90;
light. $8.90f(i-9; bulk of sales. $8.S58.95.
Sheep Receipts 5500; market 1015c
higher. Yearlings. 4.75iS D.50: wethers. $4
4.5u; ewes, 3.754.25; lambs, $77. u.-
CHICAGO. July 5. Cattle Receipts es
timated at 90OO; market 10c higher. Beeves,
$5.30(6-8.60; Texas steers, $4.25Sj-0-5; West
ern steers. $5.75(7.25; Blockers and feeders,
$3.85S5.80; cows and heifers, $2.90g7;
calves, $5.85(fr8.
Hogs Receipts estimated at 17,000; mar
ket 15c higher. Light, $9.20 9.25; mixed,
$9,0549.43; heavy, $S.45(& 9.30: rough, $8.i5
49.05; good to choice heavy, $9.30(3)9.50;
pigs, $9.15&9.50: bulk of sales, $9.10(S9.3O.
Sheep Receipts estimated at 12,000; mar
ket 10(i:15e higner. Native, S3(5i4.50; West
ern, $3,2544.95; yearlings. $55.U0; lambs,
native. $4. 85 to 8. 60; Western, t3.25jp8.13.
DROP ON SMALL SALES
STOCK PRICES XEARIjY DOWN
TO LAST WEEK'S LEVEL.
Bears Make the Most or Their Op
portunity Day's News Not Re
sponsible for Depression.
NEW YORK. July 5. The demand for
loan stocks showed extreme prostration to
day and prices were aliowed to run down
ward without any sign of support by im
portant banking and financial interests. The
amount of- stocks marketed was not large.
The severity of the extreme decline was
notable on that account.
The bear party in the market seemed en
couraged by the facility with which they
were able to procure stocks to cover the
short transactions left open after last week's
break in prices. Having covered over the
three days' holiday interval, they were pre
pared to put 'out fresh short lines today.
The demand was so languid that the sell
ing was easily effective. It was suspected
that there was some reselling of. stocks
bought on the drop last week for a profit
able upturn In the market, or purely for
purposes of support to check the demoral
ization. The signs that these stocks were
coming back on the market were taken to
mean that the larger financial interests
were not committing themselves to any
effort to advance prices, or even sustain
the market at recoveries. The consequence
was a drop to. near last -week's low level
of prices early in the day, but an arrest
fihort of that and a recovery later.
The renewal of the depression was not
accounted for by many striking new de
velopments in the situation. The most
Important Item of news was the death of
the ChleC Justice of the Supreme Court.
Probably no period In the history of the
Supreme Court has seen questions of more
vital and peculiar interest to corporate
wealth awaiting the decision of that tri
bunal. The extreme view of the pending
Sherman law cases before that court is that
the very existence of corporations ia wrap
ped up in the form, which the decree may
take.
Even where that extreme view is moder
ated, the opinion is general in financial cir
cles that derinite plans for forward action
involving the corporations is held back and
will be delayed until the Supreme Court lias
set its definite interpretation upon the Sher
man law. Unless a special session of the
Senate Is "called to act on early appoint
ments to fill vacancies on the Supreme
Bench, a further delay In the hearing of
the case until after December 1 Is regarded
as unavoidable.
Another item !n the day's disquietude
was the large shrinkage in cash holdings
of the banks disclosed by the Saturday
bank statement. A loss of nearly $19,000,000
in the actual cash holdings was difficult to
account for. A $9,813,800 loan expansion
was not consistent with the known facts
of the drastic stock market liquidation, al
though the semi-annual settlements might
confer a plausible explanation of the loan
item. The cash Item, however, caused a
supposition that outside hanks had drawn
very heavily on the New York balances and
this directed renewed attention to the pos--stbility
of further requirements to conserve
the Interior banking position. The easing
discount market in London and the down-
ward cout foreign Htchange rates
awakened discussion of possible imports of
gold.
Bonds were irregular. Total .sales, par
value, $1,700,000. Lnited States bonds were
unchanged on call.
CLOSING STOCK QUOTATIONS.
Closing
Sales.
A Ills Chalmers pf. l'K
Amal Copper 60,x.-U
Am Agricultural .. 4'J(
Am Beet Sugar . , - 7v0
American Can .... 1.51K)
Am Car & Fdy...' 1,700
Am Cotton Oil 8!H
Am Hd & Lt pf. 20O
Am Ice Securi . . .......
Am Linseed Oil . . 1X
Am Locomotive . . 7oo
Am Smelt &' Kef. 15,100
High.
29
'
38
SO
8
61 M
tso
30
do preferred
Am Steel Fdy ...
Am Sugar Ref ..
Am Tel & Tel
Am Tobacco pf . .
Am Woolen
Anaconda Min Co.
AtchisGn ..........
do preferred
All Coast Line . . .
Bait & Ohio
Bethlehem Steel ..
Brook Rap Tran . .
Candaian Pacific ..
Central Leather ..
do preferred ....
Central of N J .
Ches & Ohio
Chicago & Alton..
Chicago Gt West.
do preferred . . .
Chicago & N W...
C. M & St Paul ..
C, C. C 4i St L . .
Colo Fuel & Iron . .
Colo & Southern..
Consolidated Gas..
Corn Products . . .
Del & Hudson ....
U & Yl Grande ...
do preferred
Distillers' Securi..
Krie
do 1st preferred .
do 2d preferred .
General Electric . .
Gt Northern pf ...
Gt Northern Ore ..
Illinois Central ...
Interborough Met..
do preferred
Inter Harvester , .
Inter-Marine pf
1 lit Paper
Int Pump .........
Iowa Central ....
K C Southern ...
do preferred
Laclede Gas
Louisville & Nash
Minn & St Louis. .
M, St P & S 3 M
Mo. Kan & Texas
do preferred
Missouri Pacific ..
National BisculP ..
National Lead
400.
. 5l h
1,800
- wo
20O
2.800
28,900
200 -1,5(J0
2,600
"9.3U0
2.40O
3,800
400
'o900
100
3oO
3U0
. 2,0o
13.-KK)
JVO
2,000
2O0
8,90
700
40O
l.ttOO
BOO
300
2,000
300
aoo i4o?4
0.5IH 1"V
12
40 -B9i
101
iisli
132',-t,
91 V4
, 25,
37
97
99H
111
107
"mi
18SH '
32 V4
103
"7514
27
24 !i
4
141
1 is 4
751,
32
55
13214
13
159
3?i
70..
27
25
41H
,700
400
2.800
2.900
2,700
10O
HO
400
2.00O
30
3,2X)
1.8O0
'306
4,400
1
l,3fO
100
1.200
Mex Nat Ry 2d pf 2,000
TV V 'Cantnl B IU
8.200
500
1,100
200
7,500
300
N Y Central
X Y, Ont & West
Norfolk & West..
North American . .
Northern Pacific ..
Pacific Mall
Pennsylvania 14, loo
People's Gas .... 700
P, C C & St L. . . 100
Pittsburg Coal
Pressed Steel Car. 100
Pullman Pal Car.
Ry Steel Spring
Reading 150.50O
Republic Steel . . . 400
do preferred . . . 3oo
Rock Island Co.. 17.900
do preferred . 1 . 100
St L & Tri:i pf 1,200
St L Southwestern 1O0
do preferred . . - 500
Slosw-Sheffleld .... 300
Southern Pacifio .. 49.4O0
Southern Railway. 2,000
do preferred . . .
Tenn Copper
Texan & Pacific.
Tol, St L i West.
do preferred
Union Pacific ...
do preferred
IT S Realtv
IT S Rubber
U S Steel . . .
do preferred
L- tah Copper
53 V.
130
18
50 V-93-4
16i
10
434
"28T
63
8ii
144 V
i2
33,14
59
mi
70
27
114
42
- 'Ji
65
119
2414
1291s
105
95
Low.
2
57
37
29
7
49
59
30 "4
'12
88
6V4
11814
131,
91
25 V4
35Vi
93 It!
99
ll7
106 li
"72i"
1SB
32
104
"724
h
45
139
115Wi
75
31 H
54
13014
13
157 -
2914
08 '4
2714
24
4114
iiV '
123
49 Vi
128
17
48
93
1014
10
43H
'2714
H2
9li
140
31
65
56
101
K.V4
214
llliil
41TS
9SV4
65
115
2314
127
104
95
Chemical.
700
BOO
2K
20O
.. 13,3V
.. 1.300
2oO
BtH
. .188. 50O
. . 3, 200
3.40O
3,5(0
1.7O0
10,900
100
800
SOU
32-
143
2914
92
32
77 '4
41
29
73
i5
112
23
55
"is" "
24
4914
100
91 14
70
38,
71
114
40-i
56 7
1TV4
37
424
Bl
6114
140
29
91
29
75 -40
29
64
HO
2
55
'27 'i
22t4
49H
13S-4
SO
69
37 '-i
113vs
40
65 4
1614
34
42'4
(Ml
61
Bid.
32
5814
374
29 14
7V
461s
59 V4
3o
22
12 '
39
67 4
100
61
11814
131
91
2514
3T
9414
98 Vs
108
100
28
72
180
31
103
285
7,5 '
23 14
4514
139
11!4
73
31
53
13014
12
154 V,
29
e
'27.
24
. 4t
SO
140
124
4914
127
17
48
92
1614
81
43
16
2714
6214
96
1411a
27
128
31
65
55
101
6814
26
11214
&8H
6414
11B14
23
127
104
95
1514
SI
155
301,4
141
29
90
30 V.
75
40
29 ,4
69
64
HUs
22
5514
48
157
8914
(
36
0914
114
40 V4
55 V,
1614
42
59
6014
803,400 shares.
Va-Caro
Wabash
do preferred ...
Western Md
Westinghouse Elec
Western Union . . .
Wheel & L Erie..
Total sales for the day
BONDS.
NEW TORK. July 5. Closing quotations:
U. S. ref 2s reg.100lN. T. Cent. gen.
do coupon ...100 3s 87
LT. S. 3s res: .... 11 V. 'North Pac 3s 70
do coupon . . 101 iNorth. Pac. 4s ..10O
U. S. new 4a reg.H4 (union Pac. 4s . .100
Den. & Rio G. 4s 9214Wls. Cent. 4s .. 9014
Japanese 4s .... b
Money Exchange, Etc.
NEW YORK. July 5. Money on call firm
2&'314 per cent: ruling rate. 3 per cent;
last loan, 2 14 per cent: offered, 3 per cent.
Time loans, firm; 60 days, 3!4t!3V- per
cent; 90 days. aQiaYt per cent; six months,
4 if? 5 per cen t.
Prime mercantile paper, 45 per cent;
sterling exchange weak, with actual busi
ness in bankers' bills at 5t. 837 5 rf! 4-S 4 for 60
day -bills, and at $4.8560 for demand.
Commercial bills $4.S314.
Bar silver 53 c.
Mexican dollars 44c.
Bonds Government,- steady; railroad, ir
regular. LONDON, July 5. Bar silver steady;
24T4d per ounce. Money, 1114 per cent.
The rate of discount In the open market
for short bills is 1 13-16 per cent. The rate
of discount in the open market for three
months bills la 1 13-16(!174 per cent. Con
sols for money, 8214: consols for account.
11214.
SA-N FRANCISCO, July s 5. Sterling on
London, 60 days. $4.83; sight, $4. 83.
Transfers, telegraphic, premium; sight, par.
CHICAGO. July 5.
30o discount-
-Now York exchange
Daily Tresury Statement.
WASHINGTON, July 5. The condition of
the Treasury at the beginning "of ' business
today was as rollows
Trust funds
Gold coin 8l!2,0S6.869
Silver dollars 489,578.000
Silver dollars of 1S0O 3,lt0.0MO
Silver certificates outstanding . . 489.578,000
General fund
Standard silver dollars In gen
eral fund , 2.606.138
Current liabilities 95,378,240
Working oaiance m ireasury
offlces -. 43,583,494
In hanks to credit of Treasurer
of the U. S 4O.122.022
Subsidiary silver coin 19,770.320
Minor coin 883,361
Total balance in general ..fund 106,100,116
Eastern Mining; Stocks
BOSTON, July 5. Closing quotations:
I. a Salle Cop ...10
Miami Copper
Mohawk ......
Nev. Cons . . . .
Nipissing Mn
N. Butte
N. Lake-
Old Dominion
.18
. .45
..1814
. .10
..2014
. . 9
.. 314
Allouez 36
Amalgamated . .08
Am'n Zinc Lead
and sm, ex div 2114
Arizona Com'clal 13
Atlantic 614
Boston Con. C&C
fets
Bos. & Corb Cop tOsceola. ex div. 120a
& Hll. Mg 11 Parrott (Sil & Cop 12
Rutte Coalition ..16 Qulncy- 66
Calumet & Arls .49 'Shannon 8
Calumet & Hecla520 ISuperlor 3SI4
Centennial 14 superior & Bos MnSV
Cop Rge ConCo 58Sup. & Pitts. Cop 9
East Butte cep i-amaracK 4
E Butte Cop Mn 7 TT. S. Coal & OH ..34
Franklin 9!C. S. Sm. Ref. & Mn
Glroux Cons .... 6i 36
r.ranbv Cons 30 HT.S.Sm. Ref. pfd 47
Green Cananea .. 6lftah Cons. 1914
Isle Royalle cop 14 4 t tan cop. co
Kerr Lake 2Wlnona
Lake Copper . . 43 14 Wolverine 108a
Metal Markets.
NEW YORK. July 5. Standard copper,
dull: spot. July. August. September and
October. 11. S5 12.10c. London market
rinsed dull with snot quoted at 54 13s 9d.
and futures at 55 6s Sd. Arrivals were
i renorted at New York of 955 tons; custom
' house returns show exports of 3502 tons so
far this month. Local dealers quoted Lake
copper at 12.62 14 (S 12.87 14 c ; electrolytic at
12. 25(0,12. ovc; casting ax ii.iirai;.:ac.
Tin Dull with spot. July. August. Sep
tember and October quoted at 32.SO(S)33.00c.
London steady; spot, tiou as oa; rutures,
151.
T-ead Ouiet. Spot. 4.37 14 4.45 New York.
and 4.204.2714c East St. Louis. London,
fi- ii 6d
Soeltar Dull. 5.45E5.55e New York: 4.97 V.
5.03c East St. Louis. London, spot.
Iron Lower at 48s 1014d for Cleveland
warrants In Londnn. Locally iron was
otiiet. No. 1 foundry Northern. $16.50
16.75: No. 2 foundry Northern. $16.00(916.25:
No. 1 foundry Southern, $16.25f(16.75, and
No. 1 foundry southern, $i.ooB'it.;o.
Visible Supply of Grain.
NEW YORK, July 5. The visible supply
of grain in the United States Saturday. July
2, as compiled by the New York produce
exchange. Is as follows:
Bushels. Decrease.
Corn 5.234.000 390.000
Oats 4,295.000 647.000
Rye 37,000 28,000
Barley 1.443.00"' fi.000
The visible supply of wheat In Canada
last Saturday was 4.595,000 bushels, a de
crease of 331,000 bushels.
lOnropcan Grain Markets.
LIVERPOOL. July S. W'heat July. 6s
P14d: October, 65 10d; December, 6s lld;
Weaher, unsettled.
STATEMENT OF CONDITION OF
luiviberiviens
National Bank
At Close of Business June SOth, 1910
RESOURCES.
Loans and discounts
Overdrafts
U. S. Bonds "secure circulation.
'Other bonds and premiums
Real Estate
Furniture and fixtures
Due from U. S. Treasurer
Cash and due from bsmks
$2,207,758.
9,03S.
250,000.
203,044,
800.
94
84
00
53
00
.$ 12.500.00
. 977.463.20
LIABILITIES.
Capital
Surplus and undivided profits.
Reserve for taxes
Circulation
Dividends unpaid
Deposits
June 30, 1910. .
June 30, 1909. .
Increase . .
DEPOSITS.
27,000 00
989,963.20
$3,687,605.51
$ 500,000.00
45,073.11
3,000.00
250,000.00
7,575.00
3.881,957.40
$3,687,605.51
.$2,881,957.40
. 1,857,710.07
.$1,024,247.33
JUMPS FOUR CBTS
Wheat Makes Big Gain on Dry
Weather News.
PUT TRADE IS NOT LARGE
Expert Places the Dakota and Min
nesota Yields at Over One Hun
dred Million Bushels Less
Than Government Estimate.
CHICAGO, July 5. For four days, scarce
ly any rain has fallen in the drouth-stricken
wheat fields ot the Northwest. Temperatures
meanwhile have run high and additional
damage Is presumed to have been inflicted
dally. Whether or not such injury has been
done, the price of wheat here closed this
afternoon at a net advance of 39c to 4c.
Corn and oats were also affected, the former
finishing 34x1 14c up and the latter lfHic
Hog products varied, late sales ranging from
17 )jo lower to 15c higher.
A strong tone prevailed in the wheat pit
from start to finish. Quotations were within
He of the top figures of the day when the
final gong was sounded. Trading, however,
was not on a scare commensurate with the
w-lde change in values. The public, so far
as the Chicago market was concerned, ap
peared willing to leave the calamity entirely
to the farmers and statisticians. A prom
inent crop expert had estimated today that
the total yield In the Dakotas and in Min
nesota Would be only 150,000.000, as against
the Government June figures, approximate
ly 2tso,000,000 bushels. Farmers at one place
in Minnesota were reported to have turned
cattle Into the wheat fields. Elsewhere,
plowing was said to have been started at
many points. News came . from Alberta
that water was being hauled 20 miles for
tock. In Europe, Canada and the United
States alike the visible Bupply ot wheat
showed a rapid decrease. September fluc
tuations were between l)fl4c and $1.0114,
with the close 3c to 3c up at $1.01.
Corn was extremely dull. Quotations,
however, were marked up In sympathy with
wheat. September opened U H c to 'A
c higher at 606Oc. touched 60.e and
went to 60?c. Limited offerings allowed the
influence of wheat to send prices still higher.
The close was strong with September at
61 ar fil c, a net gain of lHc.
Congestion in July oats forced the price
of that option up lc and helped other
months. September started He lower to
He higher at 3S3Sc, and advanced to
39c.
.Pork set the pace in provisions. July
pork opened 02 ic higher and September
-T1, 37Hc up. There was practically no
reaction. Other products started 2ie lower
to 7c up, and made some further gains.
WHEAT.
Open. High. -Low. Close.
July 1.0614 1.01; .99!i $ 1.01 H
Sept. ..... 1.00'4 1.01 Ti .9',4 1.01A
lec 1.01! 1.03H 1.01 1.08H
May 1.05 l.OStj 1.04 4 1.06
con.v.
July 58 .69 i .B8i .594
Sept B6 .81 .0, .tin
Dec. .59 .694 .6S .59
May 61H .SIT .60 -61
OATS.
July .3874 . .SRti .40
Sept. ..JL. .3S .39 .38 .39H
Dec 39 .4i .S9 .40H
MESS PORK.
.42 U .43
54.50 14.521,4
22.3214 22.35-
May 42V4 .43
July 25.00 25.00
Sept 22.80 22.80
LARD.
Julv 12.20 12.27 12.05 12.07 H
Sept. 12.25 12.32 H 12.07 H 12.10
SHORT RIBS.
July 12.67H 12.87V4 12.62H 12.6714
Sept. ..... 12.S7H 12.275 12.07H 12.12Vi
Cash quotations were as follows:
.Flour Steady. No. 2 rye, 74 76c; feed
or mixing barley, 4 9t'57c: fair to choice
malting. 61 4r 68c: flax seed. .No. 1 South
western, $2.05; Xo. 1. Northwestern. $2.15:
timothy seed. $5; clover, $11.50; mess pork,
per barrel. $25 25.25: lard, per 100 pounds.
$12.05; short ribs, sides (loose). $12.75&
13.12H1 short clear sides (boxed). $14
14.25.
Total clearances of wheat and flour were
equal to 98.000 bushels. Primary receipts
were 1.074.000 bushels, compared with 691.
000 bushels the corresponding day a year
ago. The visible supply of wheat In the
United States decreased 1,107.000 bushels
for the week. The amount of breadstuff on
ocean passage decreased 3.601.0U0 bushes.
Estimated receipts for tomorrow: Wheat,
18 cars: corn, 596 cars; oats, 297 cars; hogs,
28,000 head.
.Keceipts. Shipments.
Flour, bbls. . . .
Wheat, bushels
Corn, bushels . .
Oats, bushels .
Rye. busneis
35.500
24.000
. . .526.200
. . .469.000
1.000
Barley, bushels 67.500
36.100
95,800
650,500
354,500
1.000
18,500
Grain and Produce at New York.
NEW YORK. July 5. Flour quiet, but
firm: receipts 49,151; shipments 3413.
Wheat Spot sfrong; No. S red, $1.0
nominal f. o. b. to arrive elevator; No. 1
Northern, $1.26 nominal f. o. b. to. arrive.
Options were strong and higher on the con
tinued absence of general rains In the
Northwest and the firmness abroad, and
closed 3S3c net higher, as follows:
July. $1.09; September, $1.07: Decem
ber. $1.08. Receipts 29,500 bushels; ship
ments 23,957 bushels.
Hops Dull.
Hides Quiet.
Petroleum Steady.
Wool Quiet.
Grain at San Francisco.
SAN FRANCISCO, July 5. Wheat Firm.
Barley Firm.
Spot quotations:
Wheat Shipping. $1.42 H. 1.45 per cental:
Barley Feed. $l.oo 1.01 & per cental;
brewing. $1.07 ,.IS)1.10.
Oats Red. $1.20l.SO per oental; white,
$1.45(81.50; black, nominal. ,
Call board sales:
Wheat No trading.
Barley December, $1.04 H per cental
asked.
Corn I,arge yellow, )1.531.55 per cen
Minneapolis Grain Market.
MINNEAPOLIS. July 5. Wheat July.
$1.11; September, $1.09: December,
$1.08. Cash. No. 1 hard, $1.18; No. 1
Northern." $1.101.17'; No. 2 Northern,
$1.14 1.15 ; No. 3 Northern, $1.1191.13.
Via, closed at $2.15. Corn, No. 3 yellow.
OLDEST BANK ON THE PACIFIC COAST
CAPITAL $1,000,000
-SURPLUS and PROFITS $600,033
OFFICEHS. . J
W. M. LADD, President.
EDW. COOK I NOH AM, Vlce-PresMeat
W. H. DUNCKLET. Cashier.
R.S. HOWXRD. JR.. Ass-t Cashier.
J. W. LADD, Assistant Cashier.
WAJ-Tlii M. COOK. .. t Casaler.
TIIRECTOBS.
EDWARD COOKING HAM.
HENRY L. CORBBTI.
WILLIAM M. LADD.
CHARLES E LADD.
J. WESLEY LADD.
6. B. LINTHICUM.
FREDERIC B. PRATT.
THKODORE fi. WILCOX.
. fnterest Paid on Savings Accounts and Certificates of Deposit
We Issue Letters of Credit, Foreign Drafts, and Travelers C?iecTc
first National EanS
Capital $1,500,000
Surplus 750,000
Oldest National Bank West of the
Rocky Mountains
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
5666tc; oats, Co. 3 white, 39 V4 40 c;
rye, No. 2, 7072c.
Grain Market of the Northwest.
TACOMA, Wash.. July B. Wheat Export:
Bluestem. 87c club, 83c. Milling: Blue
stem. 87c; club. Slic. Receipts Wheat, 18
cars; cats. 3 cars; barley, 3 cars.
SEATTLE. Wash., July 5. Milling quo
tations: Bluestem, 8c; forty-fold, 8Jc;
club, 79c: fife. 7c; red Russian, 77c. Ex
port T'heat: Bluestem. 85c: forty-fold, 8Jc;
club, RUc: fife, file: red Russian, SOp.
For strength, wearing prop
erties and all other require
ments that go to make up an
'ideal pavement
OITHIC
Holds the
PRIZE
TRAVELERS' GUIDE.
All Modem 6fety Device (Wireless, lite.)
LONDON PARIS HAMBURG
rincin.. 1 j m.J'y l'Pres.Llncoln Auc 10
fPennsylvanla July iOltAmerika Aug. 13
Cleveland ..July 23llGf waldersee. Aug. 17
tKala. Au.Vlc.July HO'Clnclnnati. . . Aug. 20
tUnexcelled Rltz-Carlton a la Carte Res
taurant. 'New. tHaznburs direct.
VIA GIBRALTAR,
NAFLKS and
GENOA.
S.8. MOLIKE I... July 13. 3 P. M.
8.S. HAMBURG August 9
fc.b. MOl.TKK Aueust 30
Hamburg-American IJne,
160 Powell fct.. Sun Francisco, Cal.
and JJocai K. R. Acesu In Portland.
ITALY
TRAVELERS GUIDE.
COLUMBIA RIVER SCENERY
Fast Excursion Steamer
CHAS. R. SPENCER
Leaves dailv except Wednesday, 8 A. M.
for Hood Kiver and ay landings and re
turn leave Hood Klver. z:Mt p. M. ; arrive
Portland 8 I'. M.
61'N'DA; EXCURSIONS.
Leaves u A. M. ; return.-. 6:30 P. M.
First-class Meals Served..
Fare, One Dollar Hound Trip.
Up-town Office. 89 5to St.
Phunes Marshall 1979, A 1293.
Landing and ofn-e. Foot Washington 8t
Phones Main 8U19, A. 2465.
Lowest Kates to Picnlo Parties.
K. W. SPENCER. OWNER.
COOS BAY LINE
B-DAY SERVICE.
Steamer Breakwater leaVea Portland 9 A..
M., July 3, 8, 13. 18. 28. Aug. 2, 7. 9.
10. 24. 20 and every live days, from
Ainaworth Dock, for North Bend. Marsh
field and Coos Bay points. Freight received
until 5 P. M. dally. Haaseneer fare, first
class, $10 ; second-class. $7. Including berth
and meals. Inquire City Ticket OiTiee. 3d
and Washington ats., or Ainsworth Uock.
Main 26S.
San Francisco and Los Angeles
DIRECT
North Pacific S. S. Co.'s S. S. Roanoke
and S. S. Elder sail every Wednesday
alternately at 6 P. M. Ticket office
132 Third ut.. near Alder.
MARTIN J. HlfiLEY, 1'nnxcnger A cent,
W. H. SI.LSSKit, I-'relsrht Atrnt.
Phones M. X314, A 1314.
SAN FRANCISCO & PORTLAND S8. CO.
New service to Los Angeles, via San Fran
ciaco, every five days.
From Ainsworth Dock. Portland, n A M.:
SS Bear, July ?; Hose City, 1-J Heaver, 17.
From San Francisco for Portland. 12 M. :
r8 Rose City. .Inly 0 Beaver, 10; Bear. 15.
From Han Pedro:
SS Beaver, July 8; Bear, 13; Rose City. 18.
11. . Smith, C. T. A., 142 Third M..
J. V. Ransom. Agent, Ainsworth lok.
Phones Main 402, 2oS; A 1-HI2.
SEASICKNESS
Will be prevented and relieved by uslns
TOMQIB MAI. HE MER, a safe and relia
ble remedy. Take a bottle with you and In
sure yourself all pleasures of an ocean voy
age, told by leading druggists. Price 6
cents, or mailed, postpaid, by
NEPTUNE REMEDY CO.,
Sole Manufacturers,
Phone Main 2307; A 6S12. Portland. Or,