THE MORNING OREGOX1AN. FRIDAY, JULY 21), 1910.
17
L0N00NHDP0RDERS
Foreign Buyers Again Appear
in Oregon Market.
CROP CONDITIONS ABROAD
English Yield Xow Estimated at
300,000 Cwt Weather Condi
tions In Tliat Country Have
Been Unfavorable.
London orders for hops are In the local
market for the first time in nearly two
month. This fact Is taken as a further
confirmation of the unfavorable crop reports
that have been coming from England lately.
The average estimate of the English crop
la now down close to 300.000 hundredweight
and some foreign dealers place It much
lower. The following London cable was re
ceived by a Salem dealer yesterday:
"Weather better, but vermin Increasing.
Estimate crop at 300.000 hundredweight.
Market firmer."
Thomas Lsborne writes to The Oregonlan
from London, under date of July 13 as
follows: '
Yesterday I had a long drive through
the best hop yards in East Kent. I did not
find them so good as I expected. The late
cold, wet weather has affected them. The
hme in many yards Is very thin and there
Is a considerable amount of lice In all yards.
At present, with good weather. It looks like
a moderate crop. If the weather should
turn bad again 1t will be a small crop of
poor hops."
Since the date of Mr. Usborne's letter the
weather in England has been showery- and
unsettled almost every day until yesterday.
v' business was reported in the local
market yesterday, but there were Eastern
orders on hand. A .New York wire said 25
cents was offered for 1909 states, with no
takers.
The Watervllle, N. T.. Times of July 22
reports the sale of several lot, of states,
not choice In quality, at 10 and 20 cents.
nd adds:
We have had a few light showers which
have benefited the hop crop to a. certain ex
tent, but more is needed. several of our
dealers, who have been keeping track of
hop sales In the state, got together this
week and have estimated that there are now
not to exceed 1500 bales remaining unsold
In this state. This is an almost unheard-of
oondltlon. as there has scarcely ever been
a year when there has not been twice that
number of bale, on hand a?, this time of
the year.
A lette. from w. H. Bensted. written
from England, under date of July 9, con
tains the following: "The weather is still
cool and wet and the hop vino continue to
grow. I ,aw some large yards between Sal
ling and canterbury yesterday, and there Is
such a growth of leaves that they are a
regular mat. They haven't had so large a
growth In years. Lice are very thick In
mass' of th.mde7"',e ' ,hB leaves be'"
mass or them. 1 never saw so many before
wo7ky,c,urtt,na-bln." d"ne' nd Wm" E
To let "n a7r.- "me ,hB le"v " "
CONDITIO OF THE APPLE CROP.
Government Report Place. it Bt 49, A(rHin!lt
54 Year Ago.
? RetortT- Published by the
Inlted state. Department of Agriculture
lves in detail the July condition of tho
olth the condition a year ago and also the
average July condition during the past ten
ears, as follows:.
July 1 10-yr.
luiti. ins. av.
Per Per Per
Maine . cent- cent. cent.
Now Hainish'lre' 1! " H 5'J
Vermont mi
Massachusetts ...I 7- i-
Hhode Inland kit i,,
t'onnectl.-ut . ......I. 2V
New York i
New Jersey " ..- '
Pennsylvania ss ri Sf!
l.'laware C,, -': '";
Maryland J" 5
Virginia 7 40 -'
West Virginia rs V! '
North Carolina 7 ' ,
w,arro.".n ?j . ?
jn,,1""n .-.5 :-Ts ."5
Illinois u V-
Mic-hiKan " 4?
Wisconsin . ,j '
Minnesota rt s- I
lo I 0 '
MiMoun .:, ;
south Dakota v4 A
fb"-ka ::: u
4 SO -(
Konturky 4-1 V -!i
T'iin?Hsee Cll -,3
AiahuniH M
Mississippi 45 -0 J."
T.ouLsluua r0 v t-7
Tcxhjs 70 45 7'.
Oklahoma . n ,n "I
Arkansa , 47 7
Montana ,;o K5 ;
Colorado . c 7,,
Now Mexico V,?, -X lK
I tan
Idaho
AVatthlngton .
Oroentt
.1 R. 77
0 SO
l2 i7 K.-l
BO SO
California
l'nlted States '
SO si
4tf
61
WHEAT MARKKT NOT SO
frHnRPB Are on a lareer Scale and Flnit
rrtcra Are Not Kcneute!.
Thera was not a much firmness in the
country wheat market yesterday as on the
two preceding days. Several lota of various
sis of new crop bluestera were offered to
buyers at Walla Walla at 90 cents, but
there were no takers at the price. Dealers
at tidewater bid 0;; cents track coast on
large lots of new bluestem. it is not likely
that the sensational opening prices will be
repeated.
The coarse grains were firm and un
changed. Local receipts, in cars, were reported by
the, Merchants Exchange as follows:
Wheat Barley Klour Oats Hav
Monday 11 .. 10 2 17
Tuesday 19 2 s 1 4
Wednesday ....It l
T h ursd ay 3 7 1 3 '4 H
Year as;o 1 4 4 1 1 1
Season to date. Tl o 4s 144
Year ago .-.7 47 lo 41 $4
rRirr MARKKT HEAVILY STOCKED
l.arff Supply of Poor Grade Tends to
Weaken Price.
There was a good demand yesterday for
fruit and veRetablea of good quality, but
the street was overloaded with poor stock
and this had a depressing effect on prices
of all grades. The best cantaloupes sold at
per crate. I ut inferior lots went as
low as $1. Watermelons ranged from 60
cents to 91' per hundred pounds.
The beat Etberta peaches were quoted
firm without change In price. A great
many small Hales are still coming from
The Dalies and Ashland, but the ttma for
this variety la about ended.
Tomatoc. were lower at cs73c for two
tier boxes and 0$l for lugs. Cucumbers
were, very plentiful and offered at SO0
cents a box. Green corn dragged at 25
cents a dosen.
Weakness Prevails In Poultry.
A weak tone til prevails in the poultry
market, as receipts are on a liberal scale
and buyer are disposed to offer lower
prices. It Is with difficulty that stocks are
cleaned up each night. Hens and Springs
were quoted at 1Gri4 cents yesterday and
but few sales were made over these prices.
The egg market has shown no new de
velopments recent L Tha damand, i Qt
brisk, but supplies of local ranch are so
small that prices are firmly maintained.
The butter market shows a good deal of
strength In view of the short make.
Wool growers Refuse 15 Cents.
VALE. Or., . July 2S. (Special.) Five
wool buyers came into Vale to bid on the
wool clips here. They offered 15 cents., but
no wool was sold. The wool growers have
decided to ship their wool. Those having
stock in the co-operative warehouse at Chi
cago will ship theqe and others will con
sign to commission-houses.
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as follows:
Clearings. Balances.
Portland fl.'JJS.77 $195.6i2
Seattle l,(;.4r.l 2l!l.:JS
Tacome sr4,:J77 ST.la
Spokane 514.1 43,014
PORTLAD MARKETS.
Grain. Flour, Feed. Etc.
WHEAT Bluestem. club, 90c;
red Russian, 8Sc; Valley. oc.
FLOUR Patents. $o.Z5 per barrel;
straights, $4.304.95; txport, $4; Valley. $5.40;
graham. $3; whole wheat, quarters, 5.20.
BARLEY Feed and brewing, Jl.OO per
ton.
HAT Track prices: Timothy. Willamette
Valley, IB 19c per ton: Eastern Oregon,
aifalia. new. $1314.
CORN Whole. :(2; cracked. $33 per ten.
MILLSTUFFS Bran. S-'O per ton; mid
dlings. 30; short, tZZ-t rolled barley,
$25 '526.
OATS Xo. 1 white, J20tg30 per ton.
Dairy and Country Produce.
BUTTER City creamery, extras, 33c;
fancy outside creamery, 3l33c per pound,
store, a:ic; butter fat. :.3c
EGOS Oregon candled, 26427Hc per
dozen.
CHEESE Full cream, twins, 17c per
pound; Young America. 18 c.
POULTRY Hens, lCSHJUc; Springs. 16
? 17c: ducks, loc: geese, lbHc; turkevs.
live, iS'pauc; dressed, 22&25c; squabs, $3
per dozen.
POKK Fancy. 12V.13o per pound.
VEAL Fancy, 1212c per pound.
Vegetables and Fruits.
GREEX FRUITS Apples, new, 50cg$l.oO
per box; apricots. 50c jj $1.25 per box; plums,
oOc U $ 1 .25 per box ; pears, $2. 25 per box ;
peaches, 40c $1.25 per box; grapes, $1.50
a. 50.
BERFUES Blackberries, $1.50 per box.
MELONS Watermelons, GOc $1.00 per
hundred; cantaloupes, $1?j.2.50 per crate.
1KOPICAL FRUITS Oranges. $44.50;
lemons. $78; grapefruit, $3.253.50 per
box ; bananas, 5 c per pound ; pineapples,
6c per pound.
VEGEfABLKS Artichokes. 600 73c per
dozen; beans, 3&5c per pound: cabbage, 24
2V4c per pound; cauliflower, $1.50 per
doz; celery, 9ic per dozen ; corn. 25c per
dozen; cucumbers. JJOc per box; egg plant.
12e per pound; hothouse lettuce. 50c$l
per box; garlic, S&lOc per pound; horserad
ish, 12VjC per pound; green onions, 15c per
dozen; peas. 5c; peppers, 50c per box;
radishes, 15 G' 2uc per dozen; rhubarb. 2c
per pound; squash. 50c per crate; tomatoes,
45c$t$1 per box.
SACK VEGETABLES Carrots, $191.25;
beets, $1.50; parsnips, $l1.25; turnips. $L
POTATOES New. l'Lc per pound;
sw-eet potatoes, Hh(ftc per pound.
ONIONS Walla Walla. $2.50 per sack.
Groceries. Dried Fruits, Etc. .
DRIED FRUIT Apples, 10c per pound;
peaches, 7c ; prunes, Italians, 4 5c; prunes,
French. 4 5c; currants. 10c; apricots, 15c;
dates, 7c per pound; figs, fancy white, 60;
fancy black, 7c- choice black, ec.
SALMON Columbia River, 1-pound talis,
$2 per dozen; 2-pound tails, $2.95; 1-pound
flats, $2.10; Alaska pink, 1-pound tails, 900;
red, 1-pound tails, $1.45: sock eye. 1-pound
tails. $2.
COFFEE! Mocha, 24 28c; Java, ordinary,
17 20c; Costa Rica, fancy. 182Cc; good,
16&18C; ordinary, 12 16c per pound.
NUTS Walnuts, 15c per pound; Brazil
nuts. 13fepl5c; filberts, 10c; almonds. 17o;
pecans, lic; cocoanuts, 90c$l per dozen.
SALT Granulated, 915 per ton; half
ground, iOoa, $10.50 per ton; 50s, $11 per
ton.
BEANS Small white, 6c; large white,
i.c; Lima. 5c: pink. 7c, red Mexicans,
ffcc; bayou. 7.4,e.
RICE No. 1 Japan, 4c; cheaper grades,
$3.504.55c; Southern head, 5 7c
HONEY Choice, $3.254f3.50 per case;
trained. 7c per pound.
SUGAR Dry granulated, fruit and berry,
$6.23; beet. $0.05; extra C, $5.75; golden C.
$5.65f yellow D, $5.45; " fcubea (.barrels).
$5.05; powdered, $0.60; Domino, $10.40
$16.00 per case. Terms on remittances with
in 15 days deduct -ic per pound, if later
than 15 and within 30 days, deduct fee
per pound. Maple sugar, lGlSc per pound.
Provisions.
HAMS 10 to 12 pounds, 22c; 12- to 14
Pounds, 21fec; 14 . to lti pounds, 2lc; 18 to
2o pounds, none; skinned, 2c; picnics, i5o;
cottage roll, lttiC.
BACON Fancy, 30c; standard, 2 fee;
choice, 2Sfec; English. 2ofe4f25fec
SMOKEO MEATS Beef tongues, 73c;
dried beef sets, 22c; outsides. 20c; lnsidea.
23c; knuckles, 22c.
DRY SALT CURED Regular short clears,
dry salt, 16 fee; smoked, lbc; backs, light,
salt, lGfec; smoked, ISc; backs, heavy, salt,
lttc; smoked, 17 Vic; export bellies, aalt, 17c;
smoked, Ihfec
PICKLED GOODS Barrels, pigs feet,
$16 ; regular tripe, $10; honeycomb tripe!
$12; lunch tongues, S2J.; lambs' tongues. $40.
LARD Tens: Kettle rendered, 163b,c;
standard pure, 15fec; choice, 144c; shorten
ing, llfec
oiis.
LINSEED OIL Pure raw In barrels, $1.01;
kettle boiled, In barrels. $1.03; raw. in cases,
$1.06; kettle boiled, in cases. $1.08. Lots of
iioO gallons, 1 cent, lvss per gallon. '
TURPENTINE in caaea, i2c; in wood
barrels, 70 fee
COAL OIL, Water white in drums. Iron
white in drums or iron barrels. 14c; union
kerosene in cases, J. -6s, zsc, oleum kero
sene in cases 2 -5s. 2ic; Aurora kerosene
in cases, 2-as, 21c
GASOLINE Union gasoline in bulk. 1 Re
union gasoline in cases. 2-as. 25c; union
motor spirit in buik, 18c; union motor
spirit In cases, 2-5s. 25c; .No. l engine dis
tillate in iron drums, Sfec; No. 1 engine
distillate in cases 2 -5 s, 15 fee; V.. M. A
P, naphtha In iron drums or barrels, 16c
V-, M. & P. naphtha in cases, 2-6s, 22c. '
BENZINE Union benzine in iron drums
or arrcis, loc; union benzine in cases.
2-&S. 22c; union stove diuilate la iron
drums. To.
Hops, Wool, Hides, Etc.
HOPS liHty crop. Si2c; at cording to
quality; olds, nominal; lUlo contracts. 13(a)
13 c.
WOOL Eastern Oregon, 13 Q 17c pound;
Valley, ISfeftfISc per pound.
MOHAIR Choice, 3U ip 3oc per pound.
CASCARA BARK 4 fee per pound.
HIDES Salted hides, 7 7 fee per pound;
called calf, 13c; salted kip, Sc; salted stags,
ttc; green hides, lc less; dry hides, Ittfe &
17c; dry calf, 171Sc; dry stags, llrc
PELTS Dry, lOfec; salted. butchers
tako-otf, $1.151.40; Spring lambs. 2545o.
GRAIN BAGS In carlots, 5c each.
Furs.
FURS Prices paid for prime No. l skins:
Mink. Northwest Canada and Alaska, $S
10; Colorado. Wyoming, Montana. Idaho and
California, $5tf 7.0U; British Columbia and
Alaska Coast. $8iy.l0; Oregon. Washington,
Idaho and Montana, $7. Lynx. Alaska and
British Columbia, $35; Pacific Coast, $2S.
Raccoon, $101.5O. Skunk, Canada, 2.5u;
Pacihc Coast, $12. Wolf and coyote, Can
ada. $56: Idaho, Montana. Wyoming, Ne
vada, $1.50!h,3. Beaver, Oregon, Washing
ton. Canada. Alaska. $5.50fcjf 7; Idaho, Mon
tana, $10; Utaa. Wyoming, $6.507; cubs,
$2j2.5U. Otter. Canada, Alaska, $12.50$14;
Oregon. Washington, Alaska. Canada, Brit
ish Columbia, $34.50; Pacific Coast, $1.73
Cf 2.50. Gray fox. Pacific Coast. $1.50 2.
B-a.r, black and brown. Alaska, Canada. $16
0 20; cubs. $12 15; Pacific Coast, S109 13;
cubs, $1215; Pacific Coast. $1015; cubs,
$547; grlitzly, perfect, $25tf35. Badger. $2.
Muskrat, Canada. Alaska, 80c; Pacific
Coast, 30 It tiic Fisher, British Columbia,
Alaska. $15 4? 20; Pacific Coast, $9rl5
Wolverine, $G S. Silver fox. $300 a 5u0.
fox. 40c. Ermine, 60c Mountain lion. $5i$
Cross fox. $104$ 15. Sea otter, $20u&450.
Blue fox. SSIO. White fox, $1220. Swift
lo. Ringtail cat. "Jo 75c Civet cat. 10
80c House cat. 5 'c 25c
Coffe and Sugar.
NEW YORK, July 2. Coffee futures
closed steady at a net gain of 5I0 points.
Sales. 50,250 bags, representing the largest
day for some time and including business
in July. 1W11, at 7.20c. and about 4000 bags
In the shape of switches. Closing bids:
July and August. 6.70c; September, 6.S0c;
October, .S5c; November, 6.00c; December
6.05c; January. 7.tHe; February. 7.07c;
March, 7. 13c; April. 7.13c; May, 7.i"c: June!
7.19c. Spot coffee steady. Rio, No 7
SSc: Santos. No, 4. 9fe9Hc Mild coffee'
steady ; Cordova. 10 10 c.
Raw sugar, quiet. Muscovado. test.
3. Stic; centrifugal, .t test, 4 Title: molasses
sugar. .Si test. 3,61c. Refined steady;
crushed, 5-S5c; granulated, 5.15c; powdered
0.25C-
Wool at St. IjOuU.
sr. it. July Woo Steady; terri
tory ana estprn meJiitms, 23c; fine n
dlums, ltifclSc; fine, 12-ic
TAKEN OFF MARKET
Heavy Blocks of Securities
Withdrawn From Sale.
STOCK PRICES
CLIMB
Powerful Banking Syndicates Come
to the Rescue Shorts Are Taken
by Surprise and Forced to
Bid Up to Get Stocks.
XEW YORK. July 28. The further ma
terial recuperation of stock market values
today followed the disclosure in additional
detail of the arrangements made by which
heavy blocks of securities that had been
hanging over the market had been taken
over by powerful banking syndicates, thus
saving the necessity of further sacrifice of
values in the open market- Attention was
focused on the operation dealing with tbe
Pearson syndicate holdings taken up by
Kuhn, Ioeb & Co., and foreign associates.
The circumstantial and authentic reports
on this transaction gave it a major interest,
but there were conjectures of other similar
settlements, especially one growing out of
a project of railroad amalgamation. The ef
fect of these developments on the specula
tive tone of the market was electrical.
The sudden adjustment of so dangerous
a situation left a very large short interest
uncovered In the market, which had counted
on a continuance of a forced liquidation to
depress Drlces tn a. still tnirr lovol Tho
bear party had urgent buyers in- all depart
ments of the market and their nepcssitipR
made it easy for their opponents to bid prices
up on xnem apparently.
It was assumed that the settlements which
had been effected would include the placing
of substantial amounts of securities with
foreign holders.
The. currents of the money movement con
tinue to move toward the strengthening of
New York bank reserves, in spite of some
offsetting movements. A shiDment of S5oO.-
00 in gold to Canada makes a total of
$1,000,000 for that destination this week.
hpecial interest was attached to the loan
account of the coming bank statement, es
pecially that of some of the trust companies
and institutions outside the clearing-house.
wnere tne important relief operations of the
week may be looked to to have their effect.
The Bank of England weekly report showed
tne strong recuperative force of that money
market still in full force, with correspond
ing security for the New York money mar
ket as a source of available relief for any
need.
The corn crop advices were more favor
able today and the poor cotton reports were
disregarded. The reports of restriction of
copper production took a more concrete
form. Those who authorized the reports
were given by name and included the resi
dent of the Amalgamated Copper Company.
uonas were tirm. Total sales, par value,
$2,384,000. L'nlted States bonds were un
changed on call.
CLOSING STOCK QUOTATIONS.
Closing
Sales. Misrh. Iw. Hid
Allis Chalmers pf. 2i0 2S 28 29 -
Amai copper .... a.oo 64 tiO e;,ti
Am Agricultural
Am tieet Sugar .. 1,500 28 it. 27 'Si 1 -',
American Can . . . SW) 7i 7w 7fc
Am Car & Fuy 3.500 4 ." ;iw 44 4.S
Am Cotton Oil .. 1,5H o. '- .V'4
Am Hd & Lt pf . o 2.VSt 25 ia
Am ice toecuri . . 1,000 iy 18Ts 17
Am Linseed Oil ... 1,10 12U liL 11 tz
Am Locomotive .. 1,800 361a 3ft 35,
Am Smelt & Ref. 21,5t0 S 5j ti7Vj
00 preterrea yuo lol W lUO'V
Am Steel Fdy : . . 8,000 42 40 42
Am Sugar Kef... aoo 11iii 119 lis
Am Tel & Tel .. 3,700 131 'M 130 131
Am Tobacco pf i . . . 91 V
Am Woolen '. 245
Anaconda Min Co. 3.0O0 .'i9V. 3T7i vt-
Atchison 32.2UO JS 95-H. 97 -W
tio preferred . 4n 071.
Atl Coast Line ... l.iiUO HjO 1(7 lug
Bait & Ohio 2,400 - Uf&U Jo8 lt4
ucinieueni oieei . . . 24 J.Z
Hrook Rap Tran. 33.2H " 75- 7374 74.
Canadian Pacific .. 14.HH) 187 lK--i 1ku
Central leather . . 13,5K 31 20',
do nreferred ... IOO lo.'. 1fNu. inn.
Central of N J 2So "
t hes & Ohio 2.000 72 71 U
Chicago & Alton 27
Chicago Gt West. 2.0O0 214 20i 21
ao preterred . . . l.OOO 42 U 41 v. 4J
Chicago & N W ... 700 11, 140 141
C, M 4k St Paul'.. 14,700 121? 120 121 H
C, C, C & St L ... 200 70 70 75
Colo Fuel it Iron.. 2,200 27 27K
Colo & Southern .. 2) 53 r24 52
Consolidated Gas. . 9.SO0 12i 127 12S
Corn Products ... ituo 14 lliU, 13'
Lel & Hudson .. 6ik LIB 1547 155
I & R Grande . . . l,7oo 28 201 27
do preferred ... 8i0 7 Btt1 67
Distillers Securi.. TtK0 28 27 27
Erie 6.4)00 23?i 22 23
do l?t prefened. !HH) 37 37V 37
do 2d preferred . fk'O 2Hi 2S v43t
General Electric .. 2oo 141 141
Gt Northern pf ... 4in 124-74, 123 121,
Gt Northern Ore .. l,Si0 54 52 U. 53
Illinois Central BftO LSt Ti'
Interborough Met.. 7.400 17 Hi 16
do preferred t.lt-0 47X4 4.-;i. iki.
Inter Harvester . . 3.2MO 88?i 88 K4I
Inter-Marine pf .. 300 141 14- 14 i.
Int Paper 7.600 1014 91 101
Int Pump 800 41 ", 30 3!)
Iowa Central 600 iti i
K C Southern ... l.BuO 27 264 2tiU,
do preferred m'
Ia c 1 ede G as 1 . 2 '0 AS 14 97 !7 V4
xjuisvuie K am a,iui i;- 1341 inn
Minn & St Louis. W 25i 25 25
M. St P & S S M. 9tH 12U. iia T-.i
Mo. Kan & Texas 4.4UO 324 32 H
do preferred- HM 59 oH ' S9i
MisTOuri Pacific .. 3,500 52Vi 49 511
National Biscuit .. 300 114ii lut lot
National Lead 2,100 5o4 49 40fj4
Mex Nat Ry 2d pf WX) 254 254, 25
. v vuwi w ..... iv, wur 1 ltia H;i 110 m4
N Y. Ont & West. 2i0 42 4- a-?.
Norfolk & West.. 3.20 954 4 9314
North American .. 4U0 6Bfc O.
Pacitic Mall 50 24 23 23
Pennsylvania 13.600 127)4 1 2614 327
People's Gas .... 1.3K 106 104? K'5
P. C C & St L... TOO 91 91 91 U
Pittsburg Coal .... 4i0 15 14 14U,
Pressed Steel Car. 100 28 Vs i8Vs 28 W
Pullman Pal Car. loO 158 158 136
Ry Steel Spring.. 20t 2l 29 9ti
Reading 139.500 139 H 135 U 1377
Republic Steel .. 2.000 31 30 :
d. preferred ... l.OOO 89 87 89
Rack leland Co.. 24.5X 2x 27i 24
do preferred ... 3,2l0 02V, . Gvxl ooa
St L. A S F 2 pf 7(V js,l ;ts 3e
St 1 3.3Ut h western 300 24 23 22
do preferred . . 20O 58 56 55
Slojs-Sheff ield .... 80 58 56'i 56
Southern Pacific .. 46 300 lJOvi logi Itoti
Southern Railway. 3,600 22 21 x 22i-i
do preferred ... .V0 50 tu 5J 50 14
Tenn Copper . 4.'0V 21 iZ
Texas & Pacific. 1.2CO 2514 25 "41?
Tol. St L ft West. 4fn. 21 21 Vi 20
do preefired 1.600 444 42 43ti
Union Pacific ...13L9O0 16tt8 157 K97
do -preferred 3k 90 89il
IT S Realty IOO 67 67 66
IT S Rubber l.TOO 34 4 32 314
U S Steel 245. 104 684 6a x?
d preferred 3.600 115 115 11561
Utah Copper .... 6.40 44 43 43 u
Va-Caro Chemical. 4.1 OO 58 57 i s
Wabtmh 2 . 3 15 T 151,
do preferred ... 3.900 33 32 V- 33
Western Md 400 424 41 4
West inghouse Elec 30O 56 55 T 5 il
"Western Union . . . 9 61 59 60U
"Wheel A L Erie.. SCO 44 41$ 4
Total sales for the day. 1,008,300 shares
BONDS.
NEW YORK, July 2S. Closing quotations:
U. S. ref. 2s reg.lO0;N. Y. C. gn 3Hs S7H
do coupon ...1O0 No. pacific 3s'. 60
IT. S. 3s reg 101!No. pacific 4s... 99U
do coupon . . .lol VilUnlon Pacific 4S.100U
L. S. new 4s reg.ll4lwis. Central 4s 91
do coupon 114- Japanese 4s .. S934R
D. & R. G. 4S... 941
Vailr Treasury Statement.
WASHINGTON. July 28. The condition of
the Treasury at the beginning of business
today was as follows:
Trust funds
Gold coin , fS7.S21 669
Silver dollars 4sy 044 OOO
Silver dollars of 1S90 X63S O00
Silver certific&tea outstanding... 4S9.044 OOO
General fund
Standard sil-r dollars in gen
eral fund 3 1 --
Current Kabilities 103027 583
Working balance In Treasury of
fices ....................... 2S 431 891
In banks to credit of Treasurer
of the United States so S5rt n
Subsidiary silver coin. .......... 20293 25
Minor coin - I.l6sil71
Total balance In general fund... 9l!236.511
Money, Exchange, Etc.
NEW YORK. July 28. Money on call em
1 c 2 cent: rulir.e rat 1 . '
closing bid. 1H per cent; offered at 1 pr
per osnt and 90 days 2 HZ 4 per cent- ii
months 5S 5 li per cent. Prime mercantile pa
per cloet-d 5t$76 per cent.
Sterling exchange easy, with actual busine.-s
in bankers' bills at 4.834ifr4.8350 for tiu-day
bills, and st $4.85.15 for demand. Commercial
bills.. $4.82 44.83.
Bar silver. 53Hc
Mexican dollars, 44c.
Government bond s stea d y ; rai 1 road bonds
firm.
SAN FRANCISCO. July 28. Sterling on
Iondon. 60 days. Ji.So ; sterling on Lon
don, sight. $4.85.
Sliver bars 53 c.
Mexican dollars 44c.
Oraf ts Sight. .05; telegraph, .OS.
CHICAGO. July 28. Exchange on New
York, 10c premium bid.
LONDON. July 28. Bar silver Steady.
24Sid ier ounce.
Money 1 14 per cent.
The rate- of discount in the open market
for short bills is 17, per cent.
The rate of discount in the open market
for three months' bills is 2 per cent.
Consols for money, 81 ; consols for ac
count, bj.
Eastern Mining Stocks.
BOSTON, July 2S. Closing quotations:
Allouez 35 iMohawk 44
Amalg. Copper.. 63 H 'Nevada Con. ..." 19
A. Z. L. & Sm.. 21 Nipissing Mines.. 10
Arizona Com. . . 14 'North Butte 23
Atlantic 6 !North Lake 8
B & C C & S M. 12-Old Dominion..-. 33B
Butte Coalition. 175 jOsceoIa 117
Cal. & Arizona. SO IParrott (S. &'C.) 12
Cal. & Hecla. . .515B Quincy . 7
Centennial 15 iShannon 9 H
Cop. Ran. C. Co. 01 Uisuperior 39 4
E. Butte Cp. M- 0 Sup & Bos Min.. 8
Franklin 1 ISup & Pitts Cop. 10
Glroux Con 6 Tamarack 5
Granby Con. ... 31HIU. S. CoaJ & Oil 34
Greene Cananea. 0,U. S- S. H. &M.
I- Royale (Cop.) 16 ,! do preferred 46
Kerr Lake...... 74 lUtah Con 21
Lake Copper.... 33 14 I'tah Copper Co. 43
La Salle Copper 9 B Winona 5
Miami Copper... 18 (Wolverine 105
DEMAND FDR QUALITY
BEST, STOCK COMMANDS TVlJj
PRICES.
Xot Much of This Sort Available at
the Yards Yesterday Re
ceipts Are Light.
There were liberal receipts of sheep yes
terday, but in other respects supplies were
liht at the stockyards. There whs an ac
tive demand and all the offerings were dis
posed of in the forenoon.
There was no material change in the con
dition of the market. The call was strong
est for quality stuff and that little of this
was available is shown by the prices In the
list of sales. Three bunches of sheep and
one of lambs alone commanded full r,ri.
all the other offerings being of lower grade.
neceipis tor tne aay were 32 cattle,
2476 sheep. 16 hogs and 6 horses and mules.
Shippers of stock were: X.. E. Edwards, of
Drain, one car of cattle; w. C. Edwards,
of Drain, one car of cattle; C, Taylor, of
Halsey. two cars of sheep; C. B. Proctor, of
Junction City. 3 cars of sheeo. cattle, oalves
and hogs; B. F. Nichols, of Riddles, one car
01 cattie: jviuweii & Caswell, of Pendleton,
11 cars of cattle; A. B. Conrad, who drove
in 18 sheep; William Shepherd, who drove
in oOO sheep; Twohy Brothers, of Shnniko.
one car of horses and mules; Frank Aldrldge.
lj , v un., 4 cars or sneep. ana tne
Toppeeiish Livestock Company, of Lyle, 2
cars of sheep.
The day's sales were as follows;
Wt. Price.
20 cows i , i2S $:,.so
1 cow 700 3.80
9 cows : 1O00 3.60
2 steer 1060 5.00
2 calves .., 2S5
1 calf 40 ,-mmi
1 bull 1250 3.56
1 bull 131H) 3.25
1 bull 1350 2.75
1 bull .....1210 3.50
21 sheep jj4 4.(M
60 sheep t2 4. 00
62 sheep o; 4.00
78 lambs 04 fl.oo
46 lambs , 75 5.70
14S lambs 72 5.85
16 hogs 245 10.00
Prices Quoted on the various classes of
stock at the yards yesterday were as fol
lows: Beef steers, good to choice'. 5.25 5.75
Beef steers, fair to medium.... 4.L'53$ 4.75
Cows and heifers, good to choice 4.25& 4.65
Cows and heifers, fair to medium 3.50 & 4.00
Bulls 3.00 00 3.75
Stags 2.50 4.50
Calves, light .i B.75 6.75
Calves, heavy 3.50 & 5.00
Hoge, top 10.0010.25
Hogs, fair to medium 8-60 6i 9.75
Sheep, best wethers S.75(fl) 4.00
Sheep, fair to good wethers.... 3.00 q) 3.50
Sheep, best ewes 3. 00 3.50
Lambs, choice B. 5 0 fti 6.00
Lambs, fair 4.75 5.25
Eastern Livestock Markets.
CHICAGO, July 28. Cattle Receipts, esti
mated, 5000; market, j1ov. Beeves, ?4.70
8.25: Texas steers, $3. SO1?? 5. 50: Western
steers. $4.756.60; s-tockers and feeders, $4
6.25; cows and heifers, ?2.500.4u; calves,
$6.5068-75.
Host" Keceipts, estimatea. a8.000; market,
slow to lc lower than yesterday's averae.
Light. $8.55479.55;. mixed. 8.25(8.80; heavy,
$7.91 8.70; rough. $7.90&S.20: good to choice
neavy, .u; pigs, a.oou; bulk of
salffi. J8.5oS8.7o.
Sheep Receipts, estimated, 18.000; market,
steady. Native, $2.7'i 4.50; Western. S2.ti0
4.50; yearlings. $4.505.75; lambs, " native,
$4.50$7.50. Western. $4. 75 li 7.00.
KANSAS CITY, July 28. Cattle Receints.
8000; market, weak. Native steers. f4-50iS;
cows ana neuers, .;oicit.ai; mockers and
feeders. 2.751i5.25; bulls. $34.5-'; calves. $4
ffi8; Western steers, $4.25$i7; Western cows.
$2.755.
Hogs Receipts. 8000; market. 10c lower.
Bulk of sales, $8.408. 70; heavy, $8.30 8.40;
packers and butchers. $S.40(&H t: Heht
$3.6JS.75.
sneep Receipts, oooo; market, steady. Mut
tons, $3.5ng4.25; lamb?. $6.75&7.25; fed
wethers and yearlings, $3.75&5; fed West
em ewes, 34.
OMAHA. July 28- Cattle Receipts; 2500;
market, native? lower, rangers higher. Native
steers. $4. 75(7.75: cows and heifers, $3 25
5.75: Western steers, $3.506; range cows and
heifers. $2.754.65; cannery $2.50(j3.25; stock
ers and feeders. $35.50; calves, $47- bulls
stags, etc.. $3rf?5.25.
Hogs Receipts, 8OO0; market. 10c to 15o
lower. Heavy, $7.95'S8.3r; mixed. $8 IOStj
8 30; light. $S.35rg8.70 pigs, $7.508; bulk of
tle?, $S.058.35.
SheerJ Receipts, 4000; market, steady. Tear
lings. $4.50(Ji 5.40; wethers. $3-505?4.25- ewes
$CJfc3.75; lamba, $6.504j7.50.
SAN FRANCISCO QUOTATION 5.
Produce Prices Current In the Bay Clly
Markets.
SAN FRANCISCO, July 2S. The follow
ing prices were current in the produce'mar
ket today:
Butter Fancy creamery, 31c; creamery
seconds. 29c; fancy dairy, 2Sc.
Cheese New, 13gl3V,c; Young America,
lelSHc-
Eggs Store, 30c; fancy ranch, 32c
Poultry Roosters, old. $5 5.50; roosters,
young. $7(10; broilers. small. $2.253;
broilers, large, $3.25 g 3.50 ; fryers, $5 6 ;
hens. $5 010; ducks, old. $4.50 Q 5; ducks,
young, 6S.
Vegetables Cucumbers, 2550c; garlic,
24tt3ic; green peas, 23fec; string beans
l&3c; asparagus, nominal; tomatoes, 35c
65c; eggplant. 5075c
Hops California, 10 15c
Millstuffs Bran. $23 24 middlings, $23
Hay Wheat. $9014; wheat and oats. $
13; alfalfa, $7 10; stock. $57;- straw.
Fruit Apples, choice. 65c $1.25; apples,
common. 35 50c; bananas, 75c$3; Mexi
can limes. $5.50$ 6; California lemoi K,
choice, S3.50 ; California lemons, common,
$2. SO: oranges, navels, nominal ; pineapples
$263. - .
Receipts Flour. 6269 quarter sacks ;
wheat, 1274 centals; barley, 4043 centals;
oats, 369 7 centals: potatoes, 6068 sacks;
bran. 335 sacks: middlings. 125 sacks; hsy
613 tons; wool, 252 bales; hides, 710.
Dairy Produce In the at.
CHICAGO. July 28. Butter Steady; cream
eries 23jj27c; dairlea, 23&26c.
Eggs Receipts. 9S88 cases: steady at mark,
caes included. 1o& 14c; firsts. 15c.
Cheese Steady; daisies. 15 32 15c; twln.
14a4S15c; Young Americas, 15V&l5Hc; long
horns, lo c.
NEW YORK. July 28. Butter Firm, un
changed. C heese 3tea d y, un c han ged .
F-pgs Irregular; state. Pennsylvania and
nearby hennery white. 283? 33c ; do gathered
-hite. 2547 kc ; Jo hennery brown, 25&2Tcv
do gathered brown. 22$2l25c.
Dulnth Klax Market.
DOATH. July 28. Flax on tratk. $2.50;
t arrive. $2.45 : J uly . SO bid ; tptfm brr.
$2 45 bid; October. $2.32, bid; November,
$2.32Va. nominal ; December, $2.25,
$12S?000
Railway Exchange Building Co.
First Mortgage 7 Gold Bonds
Dated August 1, 1910. .
Due Serially August 1, 1911, to August 1, 1917.
Coupon Bonds in Denomination of $500.
Principal and semi-annual interest, payable at the office of the Security
Savings & Trust Company, Portland, Oregon, Trustee.
This bond issue is secured by a deed of trust to the Security Savings & Trust Com
pany, Portland, as Trustee, covering the Railway Exchange Building and leasehold,
which provides for redemption of the bonds in installments, beginning at the end of the
first year, at a sufficient premium to make the same yield 714 per cent per annum for the
various maturities.
The property consists of a modern six-story, class "A" reinforced concrete offiea
building, haying 100 feet frontage on Third, 200 feet frontage on Stark, and 50 feet front
age on Fourth street, in the heart of the financial and business section of Portland. The
Railway Exchange Building, costing $225,000, is completely and substantially equipped
and finished throughout, and ranks with the best office structures on the Coast. It is
already largely rented to a very desirable class of business concerns, on a basis which
insures a steady and profitable income.
In view of the very large margin of security over and above the bond issue, and the
location and earning capacity of the propeity, we recommend these bonds very strongly
as an exceptionally choice and profitable investment.
Having already reserved a substantial amount of the bonds, we offer the unsold bal
ance at par and interest, yielding 7y2 per cent until maturity.
Copy of the mortgage, statement of earnings and. other detailed information -will be
furnished upon application at our office.
MORRIS BROTHERS
CHAMBER OF COMMERCE. ';
BARLEY IS IN DEMANQ
EXPORTERS SAID TO BE BUY
ING IX THE COfXTRY.
Wheat Weaker in the Seattle Market.
Cantaloupes and Melons
Are Iower.
SEATTLE, Wash., July 28. (Special.)
The local wheat market was unmistakably
weaker today and dealers could not be in
duced to offer above 9S cents for bluestem,
although none could be purchased for less
than fl. Much was made of what purport
ed to be authentic reports from districts
where harvesting is in progress, telling of
yields In excess of estimates. On some
ranches around Dayton the yields are break-,
Ing records. Good report also came from
tne Horse Heaven district. -
Considerable barley buying is in progress
in the interior and 1S.00O sacks were taken
today at Dayton by exporters on the basis
of ?T23.50 Seattle. Oats were firm at $33
:i4.
With a heavier supply of cants to dispose
of today, the price declined slightly, the
range being: from $2.2.1 to $3.2o. Melons
were also easier, selling from 1 to 1 cents.
Four fresh carloads arrived. The lemon
market is somewhat upset. More or less
price-cutting has forced the price down to
7. with many varieties selling under that
figure. Thompson's seedless grapes have
declined to $1.2.j.
Onions are inclined to drag, especially
California and Texas stock.
The dairy produce market appears to be
in a bad rut. The demand is good, but
lacks snap. Dealers are bidding up the
price of butter fat. as high as cents
being offered today. Poultry receipts in
creased. Eptrs Mild at ri4(ffn." cents.
I"
HIGH GRADE
MUNICIPAL AND
IMPROVEMENT
We hare several good
issues on hand. Buy di
rect from the contractor
and save broker's
mission!
com-
WARREN
CONSTRUCTION CO.
317 Beck Bldg.,
Portland, Oregon.
Phones: Main 9357, A 4613.
TRAVEJLEBS' GUIDE.
COLUMBIA RIVER SCENERY
Fai; .Excursion Steamer
iCHAS. R. SPENCER
Leaves aa.jly xcept Wednesday, a a.
tor Hood River and way landings and rB
turn lavs Hood River. 2: p M.; axnvs
Portland 8 p. M.
SlNDiT EXCTJRSIOXS
Leaves 0 A. M.; return.-. s:3o p. ML
Flrst-chvss Meals Served..
Fare. One Dollsr Round Trip
I'P'tovo Office. 69 5th St.
Fbones Marshall 1979. A 1293.
landing and Otti-x. Foot Wsablnius SC
Phones Main S61B, a 24SS
lowest Rates to Picnic Parties,
B. W. SPENCER. OWNER.
Lumber mens
National Bank
CORNER FIFTH AND STARK STREETS
PORTLAND, OREGON
Capital
OFFICERS.
G. K. Wentworth . . .
John A. Keatins;. . . .
Geo. Jj. McPberson..
H. 1). Story
F. A. Freeman......
Graham Diikebart. .
.Vloe
. . .Vice
Cashier
. .Assistant Cashier
. .Assistant Cashier
First National Bank
Capital $1,500,000
Surplus 750,000
Oldest National Bank West of tha
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
TRAVELERS' GUIDE.
All Modern Safety Devices Vireles. Etc!
LONDON PARIS HAMBURG
Pres. Lincoln Aug;. lOifiPennsylvanla. Aug;. SI
t Amerika .. . .Aug. 13;tKais. Ad. Vic Sept. 3
HGf Waldersee. Aug.lSvBluecher Sept. 7
Cincinnati. . .Aug. 20, Cleveland. . .Sppt. 10
Unexcelled Rlu-Caxlton a jl Carte Res
taurant. New. irianinurg; direct.
ITALY
IA G1BRAXTAB.
sAl'LKS and
bENOA,
S.S. HAMBURG Aocust . 9 A. M
B.S. MOI.IKE Ane-Ukt
S.S. UUIBI RO. . .September Z0
Hamburg-American I.in.
1M Powell bt-. nan Iranclsco. CaL
and liocal R. R. A rents In Portland.
SAX FRAJiCISCO PORTLAND 88. CO.
New service to Los Anaeles. via San Fran
.clseo. every rive days.
From Ainaworth rock. Portland, P- A- M.
SS. Beaver, A or- 1; Bear. 6: Rose C ltv. 1L
From San Francisco. Northbound. 12 M.
SS. Bear. July 31); Rose City. 4: Beaver. .
From San Pedro. Northbound. Rose
City. Auiut 3; Beaver. Ts Bear. 12.
M. G. Smith. C. T. A.. 142 Third St.
T. V. RaaMm, Ae-ent. Alneworth loelc
Phones Main 102. 20S; A 1402.
$500,000
DIRECTORS.
fl. K. Wentwortb.
Chas. 8. Russell
.Pmldent
- Freoident P. S. Brumby
Dr. K. A. J. Mackenzie
- President
George G. BlnKham
Lloyd J. Ventworth
J. E. Wheeler
Geo. I.. Mcpherson
John A. Keatins:
Robert Treat Piatt
II. D. Story
TRAVELERS' GLIDK.
COOS BAY LINE
5-DAY SERVICE.
Steamer Breakwater leaves Portland tl A
M-, July 23, 23. Aug. 2, 7. 12. 17, 22. 2T
and every five days, from Ains worth lock,
for North Bend. Marshfleld and Coos Bay
points. Fretg-ht received until a p. M..
dally. Passenger fare, first-class. $10; second-class.
$7, Including berth and meals
Inquire City Ticket Office, Third and Wash
lngton streets, or Ainaworth Dock. Main 264.
San Francisco and Los Angeles
DIRECT
:0!?hoPa,','0 a Co-' S. S. Roanoka
and S. S. Elder sail every Wednesday
alternately at P. M. Ticket oflc
12 Third at, near Alder.
MARTI V J. HIGLEY, Paaaensjer Aaeat.
W. H. SLlisSKK, F'relKht A seat.
Phones M. 1314. A 131.
Why Get Sestsick?
Tonlque Mai de Mer will positively pre
vent seasickness. I: you contemplate a tri
by sea or rail, get a bottle at once from
your druKsIst and follow directions. Promi
nent Portland residents testlfv to its merits.
PrW 50 cents, or sent postpaid by FP.
ITINE REMEOr CO.. Sole Manufacturers.
Portland, Or. phones maIa Siu;. A, iili.
X
n