THE MORNING OREGONIAN. THURSDAY, .TTJI.Y 7, lSJlO. 1! HIDES AT SIX GENTS That Is What the Local Trade Is Looking For. MARKET IN A POOR WAY Tanners Have Ceased Buying and Dealers Are Holding Off Pur chasers Until Conditions Are More Settled. The hide market at the present time is In poorer shape than it has been for years. There is, to all Intents and purposes, no market at all. Local dealers say they are buying nothing and what few hides are coming in are on consignment. These con signments are from the smaller butchers. The larger ones are hording back, and the dealers are Klad of it. Local prices of salted hides have been cut this week to 7?7V4 cents and it is the belief of some of the dealers that the mar ket will drop until It strikes the 8-cent level. It was hoped that after the Fourth there would be a better market all around with a revival of demand on the part of Eastern handlers and consumers, but It has failed to materialize and the opinion Is now gen eral that there will be no reaction In the im mediate future. Two years ago. when prices slid off much as they have done lately, the market did not show the depressed condition that pre vails today, nor were prices as low as they are now. and last Winter, during- the long haired season, better prices were obtainable on the offerings than are quoted on the choice short-haired-bides that are coming in at the present time. The inactivity of the tanners is responsi ble for the slump in the hide market. The tanners are staying out entirely, or offering prices so low that they cannot be accepted without incurring great loss. A number of them have taken advantage of the situ ation to close down their plants for the season, while others are taking on Just enough supplies to keep them going. The impression prevails in some quarters that the tanners have formed a combine to de press the market in the hope of making up losses suffered last year. SOUND MILLERS AKK BUYING WHEAT. alifornians Are Interested, bat Still Object to Prices Asked. Almost the only business reported In the wheat markets of the Northwest yesterday was done by Puget Sound millers, who are said to have paid up to 8n& cents for blue stem. This is taken to mean they have some flour shipping business In sight. The local dealers could not or would not com pete against these bids, their outside limit being S5 cents. The California millers are again beginning to show si.me Interest and are nibbling, but no business Is known to have been worked on Southern account In milling grade, though some feed wheat has been taken for shipment south. Oats are steady at the quotations that have prevailed since Saturday, but the de mand is limited. Barley is very dull. Local receipts, in cars, were reported by the Merchants' Exchange as follows: Wheat Barley Flour Oats Hay Mon. and Tues...28 8 23 R Wednesday ..... 13 .... 12 5 9 Year ago 4 .... 3 4 2 Season to date 6.". lo B3 IS 32 Year ago s 2 21 8 12 Supplies are but Turlock FRUITS SELL WITH WARM WEATHER. Melons and Cantaloupes Firm Car of Bart letts Coming;. The warm weather made the demand for fresh fruits a brisk one and all offerings In good marketable condition were quickly bought up. Watermelons were Arm at 2 cents and will go no lower this week, light in the Dtnuba section, will begin shipping next week, when melons wilt again become plentiful. Two cars were received yesterday. Cantaloupes were scarce and firm at $2.50(?3 per crate. One more car will arrive from Imperial Valley. Carlot shipments from Turlock will be moving next week. A car of mixed fruit, mostly apples, was received from the South. A straight car of California Bartlett pears will be on hand later in the week. Small fruits of all kinds were In good supply and sold well Blackberries were slightly lower and other kinds were unchanged. ACTIVE TRADE IX POULTRY MARKET. Oregon Eggs are Scarce and Firm Butter Will Advance. Poultry dealers find no difficulty In mov ing their stocks of chickens these days. Hens and Springs, except the very small ones, sell readily at top prices. Ducks are only in fair demand and there Is a. steady call for a limited number of turkeys. The egg market is firm with receipts of Oregons steadily decreasing. Candled stock Is held at 27. cents and 26 cents is quoted for case count. Eastern eggs are plentiful at the lower range. The market for dressed meats Is firm with receipts small. There is a very firm butter market and higher prices on . city creamery will prob ably be quoted today. Sales of New York State Hops. According to mail advices from New York City, several hundred bales of New York tate hops have been purchased in various sections, presumably to cover the recent sale of a big block to a large Western brewer. Otherwise, the Eastern market is quiet. The New York crop, on the whole, la good, though the hot wave acted as a check on the growing vine. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: Portland Seattle . Tacoma fepokane Clearings. Balances, Sl.TKT.ls- 1U4,411 2.16H.MS5 104.150 1.MJO.T04 IIS.OSS S5U.41B S0.964 PORTLAND MARKETS. Grain, Floor, Feed, Etc WHEAT Bluestem. Sac: club, 81c; red Kussian, 78c: valley, 82c. FLOUR Patents, S3. 15 per barret; straights, JI.uO&4.75: export, S3.6U&3.80; Valley. ;.:tO; graham. $4.80; whole wheat, quarters. $5. BARLEY Feed and brewing, S1920 per ton. CORN Whole, $32; cracked, $33 per ton. HAY Track prices: Timothy, Willamette Valley, $20i21 per ton: Eastern Oregon. $2224: alfalfa, new, $13 14. MILLSTUFFS Bran. 2 per ton; mid dlings, $3U; shorts, t2122; rolled barley, $24. M' 15 25.50. OATS No. 1 white. $2o.5O26.50 per ton. Dairy and Country Produce. SUTTER City creamery. extras, '29c; fancy outside creamery, 28 23c per pound; store. 23c. (Butter fat prices average 114c per pound under regular prices.) KUCJS Oregon candled, 27c per dox.' Eastern. 2-c CHEESE Full cream twins. 1717He per pound: Young America, 1818V-c POULTRY H-ns. lHic; Springs. 20 22Hc; ducks, 15&I7c; geese, luetic: tur keys. Jive, li⁣ dressed, 22i4!oc: squabs. $3 per dozen. PORK Fancy, 1212ic per pound. VEAL Fancy. 1 1 s 1 1 tjc-per pound. LAMBS Choice. 11 ft 11 He per pound. Vegetables and Fruits. GREEN FRUITS Apples. Oregon New town. $2 per box: new. $ 1.75 2.25 per box; cherries 512c per pound; apricots. ll.:'5f1.75 per box: plums, $19 1.60 per box: gooseberries. 56c per lb.; currants. J2.25ft-2.40 per box; pears, new, $1.50 per box; peaches. 90c&$l per box. BERRIES--Kaspberries, $1.401.50 per crate; loganberries. $11.40 per crate; blackcaps, S1.25&1.S0 per box; blackberries, $1.752 per box. MELONS Watermelons. 2c per pound; cantaloupes. 12.503 per crate. TROPICAL FRUITS Oranges, $2.504; lemons. $6S7; grapefruit. $3.256 per box: bananas. -5 Vic per pound; pineapples, "7 & 9c per pound. VEGETABLES Artichokes, 60 75c per dozen; asparagus. $1.252 per box; beans, 1(6 3c per lb.; cabbage, 2?4Jc per lb.; cauliflower, $2 per dozen.; corn, 45c per dozen; cucumbers. 50c per dozen; egg plant. 1214c per pound; head lettuce. 5060c per dozen; hothouse lettuce. GOc $1 per box; garlic. 1012Vc per lb.; horseradish, 8lvC per lb.; green onions, 13c per doz. : peas. 2c; peppers, 20o per pound: radishes, 15 20c per dozen: rhubarb. 3c per pound; spinach. S10c per pound; squash. 75c per crate; tomatoes, 91&2 per box. SACK VEGETABLES Carrots, 85c$l: beets. $1.50: parsnips. 75c $ 1. POTATOES Old Oregon. 0075c per hun dred: new, IVie per pound. ONIONS California red, J2.502.75 per sack. Groceries, Dried Fruits, Etc. DRIED FRUIT Apples, 10c per pound; peaches, 7c; prunes, Italians, 45c; prunes, French, 45c; currants, 10c; apricots, 15c; dates, 7c per pound; figs, fancy white, 6c; fancy black, 7c; choice black, 5 Vic SALMON Columbia River, 1-pound tails, $2 per dozen; 2-pound talis, $2.93; 1-pound flVts, $2.10; Alaska pink. 1-pound talis, 9Uc: red, 1-pound talis, $1.45; sockeye, 1-pound tails. $2. COFFEE Mocha, 24 28c; Java, ordinary, 17 20c; Costa Rica, fancy. 1820c: good, 16'a lSc; ordinary, 1216c per pound. NUTS Walnuts, 15c per pound; Brazil nuts, 134 13c: filberts, 16c; almonds. 17c; pecans. 19c: cocoanuts, 90c$l per dozen. SALT Granulated, $15 per ton: half ground, 100s, $10.5O per ton; 50s, $11 per ton. BEANS Small white, 5c; large white, 4ic; Lima, 5c; pink. 7c; red Mexicans, 7c; bayou, 7c SUGAR Dry granulated, fruit and berry, $6.25; beet, $ti.05; extra C, $5.75; golden C, $5.65; yellow D, $5.65; cubes (barrels, $5.65; powdered, $6.50; Domino, $10.40 $16.00 per case. Terms on remittances with in 15 days deduct He per pound. If later than 15 and within 30 days, deduct He per pound. Maple sugar. 151 8c per pound. RICE No. 1 Japan, 4c; cheaper grades, $3. 50r 4. 55c; Southern head, 5M.&'7c. HONEY Choice. $3.25 $3.50 per case; strained, 7c per pound. GRAIN QUOTED HIGHER WHEAT AND OATS ADVANCE IN SEATTLE MARKET. Hay Arriving Kroiij California. Eastern Eggs Poor and Storage Stock Drawn Upon. SEATTLE. Wash., July 6. (Special.) As a result of the bullish attitude of Eastern Washington gralngrowers, wheat and oats were both quoted higher here to day. Blueatem wheat went to 87 cents and club to 82 cents. Oats moved up to $ J7.."0 with no sellers. Oats farmers are plainly speculating; on the weather, which now means much to the oats crop. Meanwhile, much new California hay is arriving from the south by boat. Three carloads of watermelons were on the track this morning;. The supply was so heavy that prices were put to i cents. Cants were deridedly firmer and a $J to ;i.50 market was predicted before the end of the week. The market was overstocked with peaches. Good Alexanders sold as low as 40 cents and moved slow at that price. Prime Moorparks sold as low as $1. Two cars of tomatoes arrived. Good stock commands $1.50. Potatoes were firm. Fancy new California whites sold at $ l.uO. Fresh Eastern egrgs are arriving in poor condition, so poor, in fact, that dealers may commence to draw out Aprils to meet re quirements. Poultry receipts today were lighter than expected, but prices were un changed. The cheese market was firm. SAN JfK AN CISCO QUOTATIONS. Produce) Prices Current In the Bay City Markets. SAf FRANCISCO, July ft. The follow ing prices were current in the produce mar ket today: Butter Fancy creamery. 23c ; creamery seconds, 7c; fancy dairy, 27c. Cheese New, 1314c; young America, 15 43-15&C Eggs Store, 25 c: fancy ranch, 27c. Poultry Roosters, old. ?5p5.50; rosters, young, $7.50 8. 50; broilers, small, $2.253; broilers, large, $3.25 3.50; fryers, S5&U. hens, f510; ducks, old, $4.505; ducks, young, $68. Vegetables Cucumbers, 15 75c ; garlic. 3 4c: green ea. $1&1. 50; strinpr beans. 3ff7-5e; asparagus-. $1&$1.75; tomatoes, 35c$l. 50; eggplant 4-,6c. Hops California, ll14c. Millstufta Bran, $2223; middlings, 128 31. Hay Wheat, 914; wheat and oats. $0(5 12; alfalfa. 97010; stock. $57; straw, per bale. 40 65c. Fruit Apples, choice, 75c$1.25; apples, common, 35'oOc; bananas, 75cig$3; Mex ican limes. $8.50&7; California lemons, $2 6; oranges, navels, $1.50 (& 6.50; pineap ples, $2. 50 (& 3.50. Receipts Flour, 6705 quarter sacks; wheat. 18r0 centals; barley, 11,605 centals; oats, 2745 centals; beans, 1183 stacks; potatoes 2U3U sacks; bran, 30 'sack?; middlings, 35 sacks; hay. 2S8 tons; wool, 687 bales; hides, 450. Dairy Produce in the East. CHICAGO, July e. Butter Steady; creameries. 24 H27 Vjc; dairies, 23(&26c. Eggs Receipt. 24.628 ca-s; easy at mark, cases included, 1414 Vjc; nrata, 16c; prime firsts. 17 c. Cheese Firm; daisies, 15U$'153c; twins, 15fcl5fc,c; Young Americas, 15itfl6c; long horns, 15&16c. Wool at St. Ivouis. ST. LOUIS. July a Wool Steady; terri tory and Western mediums 12-18c; fine me diums, 1617c; fine, 12 14c. lally Treasury Statement. Washington, July 6- The condition of the Treasury at the beginning of business today was as follows; Trust funds r Gold coin $SH3,036,Sm Silver dollars 4U0.734.Ot)O Silver dollars of 1800 3.Ht!6,ono Silver certificates outstanding... 400,734,000 General fund Standard silver dollars In gen eral fund $ 1,416.387 Current liabilities 95,684,343 Working balance In Treasury offices . . . , 41,205,813 In banks to credit of Treasurer of the United States 30.831,039 Subsidiary silver coin 19,727.233 Minor coin 8St2,tR)S,M0 Total balance tn general fund... 104. 919,212, Changes In Available Supplies. NEW YORK, July 6. Special cable and telegraphic communications received by Bradstreets show the following changes In available supplies, as compared with pre vious account. Wheat Bushels. United States, East of Rockies, decreased 1.278,000 Canada, decreased 1,458,000 Total, United States and Canada. decreased 2,731,000 Afloat for and in Europe, de creased 5, GOO. 000 Total American and European sup ply decreased , 8,331,000 Corn United States and Canada, de decreased 4 IS, 0 00 Oats United States and Canada, de ' creased . , 963,000 Dried Fruit at New York. NEW YORK, July 6. Evaporated apples in better demand and prices firmer. On the spot fancy is quoted at lO to 1 1 c ; choice, 84 9; prime, 77H; common to fair, $ Prunes firm on the decreasing stocks, quotations ranging from 3 9 c for Cali fornia's up to 30-40s and 4WUVc for Ore gons. Apricots firm, with a quiet domestic trade, but a fairly active export demand. Choice. OVi lOc; extra choice, 10 11c; fancy, 10 12tic Peaches, quiet and steady. Choice 6ic; extra choice, 77fcc; fancy, 74 7Vc. Raisins dull but steady. Loose muscatels. 3?ir5c: choice to fancy seeded, 4 if 6 . c ; seedless, 3 & 4Hc ; London layers, 1.20 1.25. Coffee and Sugar. NEW YORK, July 6. Coffee closed steady; net unchanged to one point higher. Sales. 45O0 bags. Closing bids: July. 6.70c; Au gust. 6.80c: September, 6.85c; October and November. 6.80c; December, 6.85c; January, ,7c; February. 6-S8c; March. 6.90c; April, 6.92c;May. 6.94c; June, 6.95c. Mild coffee quiet; Cordova, lO12VtC. Spot coffee quiet. No. 7 Rio, Sic; Santos, No. 4, He. Raw sugar, firm. Muscovado .89 test. 3.83c; centrifugal .96 test, 4.33c; . molasnes sue&r .SO tests4;t.58c. Refined quiet; crushed, 5.8oc; granulated. 5.15c; powdered, 5.25c. o GOLD FROM LONDON Imports Begin Sooner Than Expected. WALL STREET IS CHEERED Xcws Causes a Violent Advance in Stock Prices Arter a Decline at the Opening General Net Gains at the Close. NEW YORK, July . There was a dispo sition today in the financial district to turn to the banking; and financial position for explanation of the stock market's action. The Increased prominence given to the sub ject of the banking situation grew out of the published expressions of some dis tinguished banking authorities of the In terior regarding the farm land speculation and the consequences to be apprehended from it. The subject Itself is not a new one, nor is its importance - newly regarded by the Xew York bankers, sine, it has been dwelt on for months and with special stress since the abstract of reports of National banks under the Controller's call In March became known, disclosing a loan expansion in a 3-ear's time of $500,000,000. This special stress on the subject has kept alive a conviction that the original position was In course of correction. That correction Is not maintained by the Interior banking authorities now quoted. There Is complaint that the smaller banks are still burdened with mortgages and with farmers' paper, instead of the usual investments in commercial paper which served as a sec ondary reserve, while their balances in the reserve banks are below normal. Such a position indicates that the crop movement requirements will have to be met to a larger extent than usual by calling, on the larger banking centers for accommo dation. The intimation that the reports now being sent to the Controller, but not yet In shape for tabulation, will not show the expected improvement in the credit posi tion had a disturbing effect on sentiment and was a large factor in the early crash of prices today. Some stocks then fell below last week's low levels, thus establishing them at the lowest for the year. The Importance attached to the prospec tive money condition left speculative senti ment ready to be easily Influenced Dy the reports that gold had been e-;aged In Lon don for shipment to Xew York. The violent recovery In stocks . was the result. While the recent course of foreign exchange rates had presaged such a movement, today's en gagements came sooner than was expected. The effect was to stiffen the private dis count rate in London and arouse some ques tion whether the official bank rate would be reduced tomorrow as was expected. It is not believed, however, that any deter mined obstacle will be opposed to the move ment of old to Xew York. The return on money is now considerably lower In London than In Xew York, offer ing an inducement to place London funds In Xew York. The merchandise export movement from this country has shown Improvement and im ports have fallen off. There have been pur chases of securities in the Xew York stock market for London account during the se vere depression of the last few days, and these have helped to weaken exchange rates. Th decline in wheat and corn helped stocks, the strong rally in wheat on un favorable weather predictions in the Spring wheat region helping to unsettle the rally at the last. The early severe declines were more than recovered, however, and general net gains were retained at their closing. Bonds were irregular. Total sales, par value. $2,071,000. United States bonds were unchanged on call. CLOSING STOCK QUOTATIONS. Closing Low. Hid. Sales. High. 24 ! ' 4. X 3.1 3,'.Kt Allls Chalmers pf Anial Copper .... 47, S K Am Agricultural .. luo Am Beet Suvrar ., American Can .... 40 Am Car & Kdv .. 4, '-' Am Cotton Oil 2UO Am Htl & I.t pf .. 4' Am Ice Securi .. 3X Am Linseed Oil .. 4ipO Am Locomotive .. l.tkK Am Smelt, & Ref.. 18,X do preferred Am Steel Fdv 30 fil Am Sugar Ref .. 2.WO 117 Am Tel & Tel li.OOO 132Vi Am T-bacco pf Am Woolen Anaconda Min Co Atchison do preferred Atl Coast Line .. Bait & Ohio S.50O Bethlehem Steel Brook Rap Tran. 10.000 Canadian Pacific Central Leather do preferred Central of X J Ones. & Ohio . . Chicago A Alton.. .. Chicago Gt. West. 3O0 do preferred Chicago & X W C. M. & St. Paul a. c. c. st. l. . Colo Fuel & Iron Colo & Southern.. Consolidated Gaa. . Corn Products Del & Hudson D & R Grande ... do preferred Distillers' Securi.. Erie do lt preferred. do 2d preferred. General Electric . . Gt Xorthern pf Gt Xorthern Ore . . Illinois Central ... Interborough Met. do prererred ... i . . -o Inter Harvester .. 1.3i Inter-Marine pf .. loo Int Paper ......... Iowa Central K C Southern . . . do preferred . . . Laclede Gas Louisville Sa Xash. Minn & St Louis. M St V & S S M. 5-)i 38 7-.i 4!l"i 5! ao 23 4" 68 14 37 95'', SUV, 108 107H ' 74ii" 187vi 31 , 3O0 104 10, 200 'is'i 23 ii' 1.B0O 11.400 100 140 11SH T4-T4 300 .32 200 54 li O.IXK) 131 i,i 700 13, 400 15, 1,2H BOO 1.T0O 2.700 30 70 2S 25 T4 j 40' 5m 500 12714 3.2O0 17T4 10 90O .4O0 6.HOO 01 Vs 38 2lHi 1 47 58 20 !n 22 12 SH'i. "soli HVi 131 li 3fi"4 2 104 72tf 185 V. 30 104 70:i 139' " 115 74 54 129H 12' 155 2814 tvSlJ, 28 24 139 123 48 127 17 47i 2Vi 16 17 27 14 62 9714 2rt 12!)i 4T4 5tt 7O0 l.uoo loo 2.200 3,100 300 400 Mo Kan & Texaa 6.500 do preferred . . . 100 Missouri Pacific .. 2,900 National Biscuit National Lead . . . 2.300 Mex Nat Ry 2d pf 2uO X Y Central 8.rVV 11214 N Y Ont & West. 40O 42 Xorfolk & West.. 40O 90 North American .. - l.ooo fi6 Xorthern Pacific .. 8.2O0 llnhi Pacific MjII 700 24 Pennsvlvanla 36.500 128V. People's Ga 600 104 P C C A. fit L... 9.400 94H Pittsburg Coal ... 2M) 16Vi Pressed Steel Car 300 31 Pullman Pal Car. 100 156 Ry Steel Spring.. 200 Reading 184. 000 Republic Steel ... 400 do preferred ... loo Rock Inland Co .. 16.40O do preferred l.fiM St L & S F 2d pf 1.200 St L Southwestetm 4O0 do preferred . . . 300 Sloes-Sheffield loo Southern Pacific. 41.9(0 115 I0914 112 Southern Railway. 3.100 22?s 21 22i ao prererrea ... o- Tenn Copper .... - 7O0 21 Tol. St L & West. 7C0 23 do preferred . . . 500 4 . Union Pacific . . .127,500 159 do . preferred ... 200 89 IT S Realty 3oo 6T IT S Rubber 2.5O0 3R4 TJ S Steel 23O.6O0 7oi do preferred ... 3,400 1144 I tan uopper 2, 100 41 Va-Caro Chemical. 3O0 Wabash 800 do preferred ... 6.400 Western Md oo Westinghouse Blec 1.3oO Western Union . . . 80O Wheel & I. Brie. . loo Total sales for the day BONDS. NEY YORK, July G. Bonds closed as follows: V. S. ref 2s reg. 100'N. Y C gen 3Vs S7Vi do coupon. .. .lona'Nor Pac. 3s 70 U.S. 3s reg lolVilNor Pac. 4s. lOO'i 30 U 143 1. 29 'i 91 304 75 41 29, 71 63 56i 17 35H 411-; 601. 61 '-j 3 15 2fl 62 ( 138Vi 25 123 29 44 543. "(iT4 27 111 41 H 9Vi 63 11514 23 126 14 104 4Vi 16 31 156 3H 138 2&ti 91 K, 2814 72 3914 2914 69 f 63 53 20 22 48 Ifl4--Ji 89 68 35 6714 113 40 54" 4 16 32 41 59 60 3 27 1.', 5i4s 38 Yi, 30 48 59 2914 23 11 39 67 100 51 117 131 92 25 37 95 89 106 107 . 23 73 I881.4 31 104 2S5 72 , 24 23 Vi 45 Va 14VV4 117 75 31 54 131 12 150 30 60 28 25 40 30 139 94 125 SO 128 17 49 93 V, 16 9 16 si 97 140 25 124 31 64 .55 102 68 27 112 42 97 66 118 24 128 104 84 1 31 155 3IV5 142 29' 90 30 '4 75 41H 29 70 63 54 20 22 48 158 89 8 36 69 114 40 55 V. 16 35 41 60 61 3 619.500 shares. do. coupon KllVi L'. S. new 4s reg.114 do. coupon. .. .lMVa I. & R. G. 4S 9214 T'nion Pac. 4s. ..100 Wis. Cent. 4s.... 90Vi Japanese 4a .... 89 closing bid, 2 per cent; offered at 2 per cent. Time loans firm; 60 days, 2t?3?4 per cent: 90 days, 3Vfe3 per cent; eix months. 4 5 per cent. Prime mercantile paper, 4g5 per cent. Sterling exchange steady at recovery with actual busineaa in bankers' bills at $4.8360 4 SO for 60-day bills and at 4.S50 for de mand. Commercial bills, f4.83&4.83. Bar silver, 53 c. Mexican dollars. 44c. Bonds Government, steady; railroad, Irreg ular. NEW YORK, July 6. New York exchange 15c discount. SAN FRANCISCO. July 6 Sterling on London, 60 days. 4.83; sight, $4.85. Sliver bars, 52 c. Mexican dollars, 45c. Drafts Sight, par; telegraph, 3c. X LONDON. July 6. Bar silver, uncertain, 24 15-16d per ounce. Money, 1&1 per cent. The rate of discount in the open market for short bills is 1 per cent; for three months' bill. 1 15-16S2 per cent. Consols for money, 82 1-16; do for ac count, 82. SHORTS Hi A PANIC STAMPEDE AT THE CLOSE BOOSTS WHEAT PRICES. Money, Exchange, Etc. NFTW YORK, Julv 6. Money on call steady. 22 per cent; ruling rate, 2 per cent; Buying Based on a False Rumor of Export Sales of Wheat at Winnipeg. CHICAGO, July 6. In a stampede at the close today, short sellers, excited by an un founded rumor that sales of wheat for export had been made at Winnipeg, bid up prices here c to 2c above last night's figures. Other grains made a straggling finish, corn at e advance to &14c decline; oats, a shade off to c gain. Last sales of hog pro ducts showed losses of 714 to 27 c A remarkable decrease in the world's avail able supply of wheat upset the confidence of the bears Just when the situation, except in that particular, seemed all that could be wished. Then came news of a squeeze in the July option at Winnipeg and soon there followed a report of export sales in that city. Semt-panlc here ensued, prices responding in stantly to franctic buying. The close was .strong and not much below the top prices reached. The only basis discoyere& however, for the talk of exports led from the fact that a single 'deafer at Winnipeg received today a gratuitous request to cancel some old sales at 3 to 5c below the Manitoba price be fore the last 3-cent advance had been scored on the far North opening. Rain in the Northwest made a lower market early, so much so in fact, that selling on the de cline wa& overdone. September ranged from 1.00c with the close 1 to lc up at f 1.02 1.03 c. Corn went much the same general course as wheat. High and low points for Septem ber were respectively 6061c, and the close at 61 c, a net gain of a shade. The cash market finished firm, Xo. 2 yellow, 6161c Oats weakened and reacted with the other grains. September fluctuated between 3Sc and 39 c, closing c up at the latter level. Provisions started strong and closed weak. At the wind-up pork was down 15 to 174c; lard. 7V4C, ana ribs 1214c to 27c. The leading futures ranged as follows: WHEAT. I Open. High. Low. Close. July 11.00 ?1.04 $1.00 tl.03 Sept 1.01 1.03 1.00 1.02 Dec 1.02V4 1.03 .101 1.03 May 1.05 1.07 1.05 1.07 CORN. July 58 .59i4 .58 .59 Sept 61 .61 .60 .61 Dec 59 .60 .SS .0 May .61 .62 .60 .62 . OATS. July 39 .4014 .39 .4014 Sept 3 .39 .3S .39 Dec 1.02 1.03 1.01 1.03 May 42 .43 .42 .43 MESS PORK. July 24.75 24.75 24.00 24.35 Sept 22.40 22.42 22.15 23.20 LARD. July 12.17 12.17 11.97 12.00 Sept 12.20 12.20 11.97 12.02 SHORT RIBS. July 12.67 12.67 12.37 12.40 Sept 12.22 12.22 11.92 12.00 Grain statistics: Total clearances of wheat and flour were equal to 12ti,000 bushels. Primary receipts were 350,000 bushels, compared with 224, 000 bushels the corresponding day a year ago. The world's visible supply, as shown by Bradstreet's. decreased 8.331,000 bushels. Kstimated receipts for tomorrow: Wheat, 4 cars; corn. 163 cars; oats, 50 cars; hogs, 11,000 head. Receipts. Shipments. Flour, barrels 19,100 10,300 Wheat, bushels 4,800 - 20,400 Corn, bushels 345, 0OU 33.300 Oats, bushels 228.600 218.100 Rve. buehels 1.000 Barley, bushels S8.900 22,200 DROUTH IN - SPRING WHEAT RJSGION. West of the Rocky Mountains Condition are Nearly Normal. WASHINGTON July 0. Too much rain in the cotton-growing states. but ' generally favorable weather in the corn and Winter wheat states was the summary of the weather for the week ending yesterday, as published in the National weekly weather report of the Department of Agriculturo issued today. It says: "Summarizing the weather of the week in the several great agricultural districts. It appears that over the corn and wheat growing states the conditions were generally favorable for both vegetable growth and harvesting. "In the Spring wheat region drouth still continues in many parts. "West of the Kocky Mountains conditions were nearly normal, although there has gen erally been much less rain than usual and the dry farmers have suffered greatly in Utah, Southern Idaho and In portions of surrounding states." Grain and Produce nt New York. NEW YORK, July 6. Flour steady and somewhat more active. Winter patents $4.55 5; Spring clears. $4.35tfi4.00. Receipts, 44.148 barrels; shipments. 3,695 barrels. Wheat, spot firm. No. 2 red, $1.09c. I. f., to arrive elevator; No. .1 Northern, $1.27 f. o. b. to arrive. Wheat declined during the morning under selling on reports of showers in the Northwest, but rallied sharply tn the afternoon on the big decrease in world's stocks and further strength in the Northwest, closing c net higher. July closed at $1.10ii: Sept. $1.07: Dec $1.09. Receipts, 53.900 bushels; shipments, 3000 bushels. (Hops Dull. Hides Easy. Petroleum Quiet. Wool Quiet. Grain at San Francisco. SAN FRANCISCO. July 6. Wheat firm; barley steady. Spot quotation: Wheat Shipping. $1.42 1.45 per cental. Barley Feed, $11.01 per cental; brew ing. $1.07 1.10 per cental. Oatx Red. $1.15(81.30 per cental; white. $1.45(S1.50 per cental: black, nominal Call board sales'. Wheat No trading. Barley December. 1.0314B; 1.04A. Corn Large, yellow. $1.531.55 per cental. Kuropean Grain -Markets. LONDON. July 6. Cargoes firmer. Walla Walla for shipment at 33s to 33s od. English country markets partially Bd dearer; French country markets steady. LIVERPOOL. July 6. Wheat July closed 6s 9d: October. 6 10d; December, 6s lld. Weather showery. .Minneapolis Grain Market. MINNEAPOLIS. July 6. Wheat July closed $1.16: September. $1.10; December. $1.08. Cash: No. 1 hard, $1.19; No. 1 Northern, $1.171.19; No. 2 Northern, $1.15 17; No. 3 Northern, $1.12g1.14. Flax Closed $2.13. Corn No. 8 yellow, 5656c. Oats No. 2 white, 408-41c. Ry! No. 2, 68Q-T2C Duluth Flax Market. DULUTH, July 6. Flax on track and to arrive. $2.15: July. $2.15; September. $2.06; October, $1.83. Grain Markets of the Northwest. TACOMA, July 6. Wheat Export: Blue atem. 87c; club, "83c; milling, bluestem. 87c; club. 82c Receipts: Wheat 6 cars, corn 4 cars. SEATTLE. July . Milling quotations: Bluestem, 85c; fortytold. 85c; club. 84c; red Russian. 81c. Export wheat: Bluestem, 82c; fortyfold 82c; club. 81e; Fife. 81c; red Rus sian. 79c. Yesterday's car receipts: Wheat 16 cars, oats 3 cars, barley 3 cars. STATEMENT OF CONDITION OF lumbermens National Bank At Close of Business June 30th, 1910 RESOURCES, Loans and discounts s. $2,207,758 . 94 Overdrafts . : '. 9,038 . 84 U. S. Bonds secure circulation 250,000.00 Other bonds and premiums .T .. 203,044.53 Real Estate .- 800.00 Furniture and fixtures 27,000 00 Due from U. S. Treasurer $ 12,500.00 Cash and due from banks 977.463,20 989,96320 $376877603751 - LIABILITIES. Capital $ 500,000.00 Surplus and undivided profits 45,073.11 lteserve for taxes s 3,000.00 Circulation 250,000.00 Dividends unpaid 7,575.00 Deposits 2.881,957.40 $3,687,605.51 DEPOSITS. June 30, 1910 . $2. SSI ,957.40 June 30, 1909 1,857,710.07 Increase f 1,024,247.33 OWER CATTLE ARE L Market Suffers From Recent Heavy Arrivals. STEERS DOWN A QUARTER Hogs Are Scarce and Strong and Next Sheep to Come In Will Probably Bring: Good t rices. Not a single head of livestock entered the North Portland stock yards yesterday, a condition that has not prevailed since the railroad blockades of last "Winter. There was a moderate amount of stock left over from the preceding day, however, and the cleaning up of this made & fairly active market. The business was all in the cattle line. The best steers offered sold at $5 and $5.23, though six loads of stuff that had been contracted at $5.75 were delivered. Cows moved at $X25 to $4.25. The top on the best steers at the present time is placed at $5.5U. The market is off a quarter from last week as a result of the recent heavy arrivals. The bulk of the receipts have been poor grade and as a result the buyers have been slow and Indifferent. Hogs were nominally strong and un changed. The sheep market was also nom inal. The market closed easy and glutted last week; but as the run this week has been small, it is likely the next arrivals of sheep will be disposed of on a very steady market. The sales at the yards yesterday were as follows.; Weight. Price 39 steers 117f $4.80 20 cows HM2 4.:i5 1 bull Iil0 4.00 ill steers contracted .1 17fl 5.73 27 steers contracted 1 17 5.75 3S steers contracted 1074 5.75 1.? steers contracted ...... ItMi.S 5-75 35 steers contracted ...... II 4 S.75 26 steers contracted ...... 11.S4 5.75 ly steers 1 15:t 5.25 32 steers HM2 5.23 lO steers 1020 5.00 15 steers lli:t 4.25 2 steers ................ H25 4.25 2 steers ................ 825 3.55 1 0 cows usa 3.55 19 cows ... 1053 4.25 10 cows 751 3.35 8 cows 1027 3-23 Prices quoted on the various classes of stoflt at the yards yesterday were as fol lows: Beef steers, cood to choice California $ 3.23$ 5.50 Beef steers, good to choice .Eastern Oregon and Valley. 4.73 . 5.25 Beef steers, fair to medium.. 4.00gf 4.50 Cows and heifers, good to choice 4.25 4-50 Cows and heifers, fair to me dium . 3.30(9 4.00 Bulls 3.00ftv 3.75 Stags :;.00f 4.00 Calves, light 5-00 0.05 Calves, heavy . 4.001) 5.2-T Hogs, top U.Todn 10.10 Hoga, fair to medium 8.50&) 9.50 Sheep, best wethers 4.25 q 4.30 Sheep, fair to good, wethers ... 3.50 (0 3.75 Sheep, best ewes ... 3.75 Sa 4.00 Lambs, choice 3.50Si 5.73 Lambs, fair 4.50& 5.00 ' Eastern Livestock Markets. OMAHA. July 0. Cattle Receipts. 2700; market steady to stronger. Native steers, $5.50:8.25: cows and heifers. $:.7i0 tv 0.15 ; Western steeys. $4 ctfti : cows and heifers. (3 ti'5; canners, $2.00Ca 3.50; stockers and feed ers, $3 (6 5.75 ; calves, $3 0.25 ; bulls, stags etc.. $2.23 5.25. Hogs Receipts, 4900; market, 5c to 10c higher. Heavy. $8.75 0 8.83; mixed, $8.80 SSneep Receipts. -5500; market, slow. Yearlings. $5fi5.30; wethers, $3-4.10; ewes. $3.73(S4.23; lambs. $7&7.23. Xew York Cotton Market. XEW YORK. July 6. Cotton Spot closed quiet. 10 points lower. Mid-uplands, 15.33; mid gulf. 15. 60. Sales, 170O bale. Futures closed barely steady; 10 to 7 points lower. July, 15. 26; August. 14.00; September, 13.20; October. 12.65; November. 12.51; Ue- Better Than Bonds SAFER THAN THE STRONGEST BANK. An Investment Yielding 8 Per Cent Net Per Annum No Taxes, No. Risk No Fees or Dednc ' tions of Any Kind. This is not a get-rich-qulck proposi tion, but a legitimate, thoroughly safe guarded investment opportunity that will commend itself particularly to in vestors of trust funds, savings accounts, and to persons who desire regular re turns semi-annually upon money in large or small amounts. 200 -invested this way will yield $8 every 6 months. J1000 invested this way will yield J40 every S months. $5000 invested this way will yield J200 every 6 months. These securities may also be pur chased on the installment plan, not less than one-tenth payable in cash and balance in fifteen monthly pay ments. , Here's an opportunity for small as well as large investors. It will bear closest investigation. There are, how ever, not more than J70.000 of these securities to be had, and less than $60,000 of another kind which will not yield quite so much. For' further particulars apply to Theodore Hardee, Treasurer, Suite "G," second floor, Washington street, cor ner of Park (Eighth street. Entrance to building 351 Washington. . or 108 Park street. Telephone Private Ex change 23. THE UNITED STATES NATIONAL BANK PORTLAND. OREGON UNITED STATES DEPOSITORY Capital - - - $1,000,000.00 Surplus and Profits, $725,000.00 OFFICERS: . C. AIXSWOItTH, President. n. XV. SCHMEER, Cashier. R. LEI BAR.ES, Vice-President. A. SI, WRIGHT, Assistant Cashier. V. A. HOLT, Assistant Cashier. LETTERS OF CREDIT AND TRAVELERS' CHECKS ISSUED NEGOTIABLE EVERYWHERE DRAFTS DRAWN on all FOREIGN COUNTRIES First National Bank Capital $1,500,000 Surplus 750,000 Oldest National Bank West of the ' . Rocky Mountains cpmber. 12.46: January. 12.43; February, 1L'.43; March, 12.47. New York Dairy Market. NEW YORK. Jul- 8. Butter Steady; state dairy finest. Ztra'JOc; do common to prime, .'!'fi27c; process aecond to specials. -SJaS Cheesie and egfir Steady, unchanged. For strength, wearing prop erties and all other require ments that go to make up an ideal pavement I c Holds the PRIZE PORTLAND, IKATTLE, SPOKASE, TACOMA. Downing-Hopkins Co. BROKERS Eatabllaked 1S8X Stocks, Private Grain. Wlrea S01-2-3-4 Conck Bids. NEAH-KAHNIE MOUNTAIN "HIGH CLA55 BEACH PROPERTY" Surf bathing:, boat In if, driving, trout fishing, shooting, mountain cliinbin-r. uil combined in the one. J.W.FERCUSOM Jff.fiEP.OWNER 209-fOr BOARD Or TRADE BLDG. THAV'ELEBS' ilIDK. ALASKA AND BACK Including: Berth and Meals SUMMER EXCURSIONS via Smooth "Inside Passage" Twelve delightful excursions from Seattle to ALASKA and back cheaper than staying at home. Don't umit until mtmammrm arm otf oaf Writ quick far detail and rmmmrvationm Pacific Coast Steamship Co. 249 Washlneton St. PORTLAND TRAVELERS' GUIDg. $110 HONOLULU And I Sack (1'lrt.t CUih). 3!4 buys from S. h The splenaid twin screw steamer SIERRA (10.0UO tons displacement; nail July au, Aug. and every days. Round trip tick ets eood Tor four monthi Honolulu, the most attractive spot on entire world tour. BOOK NOW and secure b-iat bertha. LINE TO TAHITI AJVD NEW ZliALAND S. S. Mariposa and Union Line, sailings Auk 6. Sept. 11. etc. Tahiti and back ca), $125 ft rut class. New- Zealand ( Wel lington ). 92 46.25 nrst class. H. T. six months, OCEANIC 8. S. CO.. 71 -Market Street. San Krancisco. Canadian Pacific Less Than Four Days at S2i Weekly Sailing Between Montr 3 1 Quebec and Liverpool. Two days on the beautiful St- Lawrence River and the saortest ocean route to iu roD. Nothing; better oa the Atlantic thaa our ' Empressta. Wireless on all steamers. Irst-closss U0, second 951.25. one cUs cabin 47.60. Aalc any ticket agent, or write for can ine, rates and booklet. F. R. Jobusun. Oea crai Agent. 143 Autrd st.. Jortlaoa. Or. COLUMBIARIVER SCENERY Fast Excursion Steamor CHAS. K. SPENCER Leaves dally except Wednesday, H A. for lioud River and -nay landing and re. turn leave Hood Klver, 2:0 P. il. ; arrivi Portland 8 P. M. bUSl)i EXCURSIONS. Leaves U A. M.; return.;. 5:30 P. 1C First-clb.a Meals Served.. Fare, Ona Dollar Round Trip. Up-town Office, ea 0th St. Pounes Marshall 1979, A 1293. Landing and Offl-e. Foot Washington St. Phones Main 8619, A 24G3. Lowest Hates to Picnic Parties. E. W. BPENCER. OWNER. 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 at., near Alder. MARTIN J. HIGLEY, Iuni(rr Asrent, W. If. SI.ISSEH, Frelebt A Kent. Fbohm M. 1314, A 1:1 14. SAX FBAXCISCO & PORTLAND 8S. CO. New service to Los Angeles, via San Fran cisco, every five days. From Ainsworth Dock. Portland. OA M. : SS Htr, July 7; Row 'lty, 12 Beaver, 17. From San Francisco for Portland. 1 M.: 88 ItoHe City, July Beaver, 10; Bear, 15. From San Pedro: SS Beaver, July 8; Bear, 13; Knoe City, 18. 11. . Smitll, C. T. A., 148 Third M. J. W. Hansom. Agent, Ainsworth loc-k. Phones Main 208; A HOJ. COOS BAY LINE -DAY SERVICE. Steamer Breakwater leaves Portland; 9 A. M.. July 3. 8. 13. 1ST 23. 2S. Aug. X 7. U. 14. 19. 24, 2U and every five days, from Ainsworth Dock, for North Bend, Marsh field and Coos .Bay points. Freight received until 5 P. M. daily. Passenger faro, rlrst class, Ilo; second-class, $7. including berth and meals. Inquire City Ticket Office. 3d and Washington ets.. or Ainsworth Dock. Main 2BS. SEASICKNESS Will be prevented and relieved by using lOMQt'G JUL 1)E MER, a sate and relia ble remedy. Take a bottle with you and in sure yourself all pleasures of aa oceaa voy age. Sold by leading druggists. Prloe cents, or mailed, postpaid, by NEPTUNE REMEDY CO, Sole Manufacturers, Phone Main XiU7; A bilZ. Portland. Or.