TTTE MORXIXO OREGONIAtf. SATURDAY, AUGUST 13, 1910.
15
WOOL IS STRONGER
Better Feeling Shown in Mar
kets of the Country.
HIGHER PRICES EXPECTED
Balk of Oregon Clip Already Out
of Growers Hand Demand in
the Eat Is Increasing and
Values Hardening.
Optimism la r-daJljr Uklca lh pUr of
tba pMMTnlm of th pt few month tn th
wool nxrMti of the country. TfcM condition
gnw-rmlt hTftmproM tfurin tb pt few
t jMutlmail a4 wtta the oa
Btud for raw vvol. mm well a It products,
developing; rrjth and fftTtna; prom La of
tacraa4 ermumptk-n, tmd authorities tmy
tlier 1 evry ron for tha belief that the
troprnvmtfrit will conttnu.
Dn,nt oa the other aide of th At
lanrtc have tn a larva wy ajtt. In the
at i ffn ln(r if t h A mfrktn mark t. In Kp c
Iarvf ac thla time wor bvttci In a trn4y way.
with pricm nvneraltj at th talchaat ptnt
rtrh"l ainr la. Tha improvement thr
la mHt to ba an marked tha: cheap Hne' of
cm orMe .it are ail bat dhw ppeared from
tha firclKn center. In Kurop. It to aaM.
ai'innnt ara njtaad to tha end of the year,
and oa old contract tha praamir for de
livery la reported aa great as ever.
In tha event of a nera. adrsnce In wool
Taiue In tha month to come, which In mm
quarter, la conll Wnily pr-alctev. there will
ba erraaioa fr regret on the part of Oregon
hapmen who pn,tl e rijr In the season for
pnre err era I cent uivier what they rerilfaed
, laac year. A few of the lance clipa of tha
tare are yet. to be dLepceed of. but It la es
timated bow tioat fully nlne-tentha of the IwlO
Orrn woul citp baa pa eJ out Of grow era'
bard.
The bu'k of the Eastern Oreroa wool thus
fsr disposed of went at 13 to 17 eenta. while
Valley product hive mnwed at Id to 20 cents
f. r tha moat part. Considerable quantities
are reported to have been sent East on con
signment tor sate later, but the amount dis
posed of In thla manner Is not known. A local
dealer yesterday exprejeeM the belief that not
pnn than X.OuO.Ouu pounds of 19lo wool now
remelne In Brat bunds In the I'aclflc North
area. Kexardln tha present activity In manu
v far tu ring- and Its expectM effect on the wool
markn. a report from Ph..a...pbLa says:
"Tha worsted manufacturers have bad a
fairly successful openU:ff on men's wear for
Beat 8pring. The marking down of price
bekw those prevalent at the opening of the
year has led to good-sized orders, which un
doubtedly will be largely Increased at harden
ing prices when the tUiplicatlng season tvim
In. Manufacturers now enter the woul mar
ket to cover tbeir orders for goods with am
ple purchases of tew material, creating a very
sutwnamtal buying movement, which indicates
thetr belief tn the danger of going short any
longer n wool at present kw prices.
"The firmness of such Western wool owners
as have consigned wool is quite an element
of strength. Eastern ajrenta, tn their (Torts
u bring buyer and sellers together, devel
oped the fact that the more kt.-en the buyer
becomea the more reluctant Ls the Western
owner to sell. His only guide ls In the sig
nificant fact that tha market f the world
outside of the United 8 tale bars since the
first of the year continued to harden, while
prices In the United States hav been sag
ging and today are from IS to 20 per cent
lower than at the close of last year. A re
covery of about 5 per oent from the lowest
point In early June murk tha fact that tha
tide baa turned."
WHEAT MARKET SLIGHTLY FIRMER.
r armors Ara 8tiU lac lined to Hold London
Re porta Cargoes l"p.
Though tha local wbeat market continues
quiet as a result of the unwillingness of tha
farmers t part with their grain at prices
now offering, the undertone yesterday ap
peared to ba somewhat stronger than for
ame time back. Thla was due to tha evi
dence of a stronger situation generally, both
tn the Eaat and In Europe.
In the London market cargoes were re
ported strong at STs td to 37a with no sel
lers In Liverpool both tha October and
Iecember options closed with substantial
gains over the previous finals, and In Chi
cago all futures were up fractionally at tha
close.
The week bas witnessed some selling In
the Walla Walla and other districts, but
local grain men aay that aa yet nothing Ilka
a general moement to aell wheat baa de
veloped in any part of tha Inland Empire.
Locally club la Quoted at St to IS cents
and blusstem at 15 to 96, but In some cases
prices above thla basis have been paid in
the Interior during tha past few days.
Foreign wheat shipments for the week ara
reported by tha Merchants Exchange as
follows:
Push eta Bushels.
Tb!i Wk- La!t Wk.
Argentine . . , l.zAc.eoo l.ase.ftoe
Australia ..... O.00t 60. duo
India . . I.U1 eOS 1.7:.00
Bushels.
Last Vr.
3S.ooe
Oats and barley yesterday were steady to
firm at the range last quoted, and there
a ear no developments In the flour or rolll
feed markeia
I .oca I cereal and hay receipts for the day
were care -f wheat, t ot flour. 4 of oata
and Is of hay.
Ilea BJfcd Chickens Active.
In the poultry trade yesterday there was
a better demand for hens than for chickens,
for both there was a good call and offer
ings were but moderate, hens going freely
at 11 to 19 cents a pound and chickens at
IS cents. In other poultry lines the de
mand amounted to little.
Dressed meats cleaned up well, fancy pork
and veal being taken about aa fast as It
reached the street, and at full prices. la
both line the beet held at IIS to IS cents,
but sales of extra quality pork at even a
fraction better than IS centa were reported.
Tha egg market showed no change of
consequence, fresh candled locals moving
readily at SS to St cents. In some quarters
as high aa SO cents waa reported obtainable.
Dairy Frodwea Quins; Fresly.
Creamery men report the butter market
decidedly firm, wrth current make working
off freely, and In soma quarters higher
prices are predicted for the near future.
As a matter of fact, some of the local
maker bare for several days been selling
butter at a premium. The outside markets
show no loss of strength.
The recent announcement by a local firm
of a decline of half a cent on cheese aa a
result of weaker markets in the Fast la
act takea very seriously by others In tha
trade. They assert that there la nothing
In tha general market situation. East or
West, to warrant any lowering of prices
here at thla time. F'.ata yesterday were
quoted firm at to IS cents and Toung
Americas at 31 S to 19 eenta
Hide Trade Is Improving.
Hide dealers report a slightly better move
ment than for soma time back. Eastern
dealers and tanners tsklrg hold a little
more freely, but admit thst there Is still
room for a good deal of Improvement In
the situation. Values for the time show no
change, and local traders aay It would ba
haaardous to bank on any very great ad
vance la the market on country products
during tha Summer or FalL la the Eaat
packer hides ara reported to ba selling la
a fair way. the result of a better demand
for leather, and shoe manufacturers ara said
to ba operating; in a larger way than for
months back. -
Tea Many rantaloupe Poer. .
The market la vtill overstocked with cn
taloupea that are hard to move at any price.
Thee was stock available oa the street
yesterday at as low aa $1 a era.' whlls
Oregon of good quality held at ll-Tt to
II. 10. The few Payette brought In during
the day sold at SI-7 6.
Peaches moved In a fair 'way at 40 to IS
cents, extra quality fruit la a few cases go
fog at SO to SS, but sales for ths most part
were at prices around I cents. Qregon and
California Crawfords and California El
bertas comprised the bulk of the offerings.
raler look for heavy receipts of home
grown Crawfords next week.
The apple market waa as badly over
stocked as ever. O rapes were In fair sup
ply but none too active. Malagaa going at
SI to 11.15 and other sorts at SI to $1.25.
In other fruits there were no price changes
af tmportance.
Baan Oeartng.
Bank clearlnga of the Northwestern cities
yestemay were aa B.Unc.
Portland 2U S
Spolwn. .&.'g SO.P8.
PORTLAND MARKET.
Grata. IW, Feed. Eta, '
WHTAT R Inert em. .1c: cluh. 199
-; r4 Ru,in. 84 C;. Valley, 2c; 40-
toll STCTIw; TurH.y rd. 90c .
FLOfR Patent., I5.S5 per barrel;
tralntita. 30Sr.S: export. ; Valley,
li arrnham. 5; whole wheat, quarter.
H T Trafk prlrea: Timothy. Willamette
Vnv, 1 IB Jr ton: tulim Oreaon.
.aJfalfa. new. lle14; rln hay,
''barley Feed and brewing. f:4.S35
un i kti wvx tlrin S20 ner ton: mtd
fl'li.gj. tZO; ahorta, 121 23; rolled barley.
I J.-- It -.
OATS New. per ton.
Vegetable and Frolta.
OREL.1 KRCITS Apples, new. 5oe1.50
par boa: apneota. HDli"' Pr boa: pluma,
7je01 per box: peua $1. 25a 1.75 per box;
peach ea. 40b75c per box; irapea. T5e
Xl.iO; blackberrlea. I1.7S per crate: log.n
berrlea. I U per crate.
M EUOSty atermelona. $H1.2S per
hnmlred; cantalTupee. $l..VXrS.15 per crate.
TROPICAL FRt'lTS Oranitea. Valendaa.
$4,304 4.7S: lemon. TS; itrapefrult. 4
4.50 per box: banana. IHe per pound; pine
apples, ftc per pound.
VEGETABLES Bean. 86 5c pound: cab
haaa, H3c pound; cauliflower. $1.50 per
dox; celery. 00c per doen; corn. 25c per
dnxen; cucumber. 5c per box; egx-pUnt,
eio per pound: garlic. 810e per pound:
green onion. 15c per dogen: pepper. 5iH)
per box: radlfhe. 15!Oc per doxen; aquash,
per crate: tomatne. .'0 'jj 75t- per box.
SACK VEi-.ETABLES-t'arrott. 11 1.25;
beet, fl.50: paranlp. ll.ffl.2S; turnip. L
POTATOES New. $1.1551.25 per hun
dred: sweet potatoea. 4c per pound.
ONIONS Walla Walla, $2.5 per aack;
Oregon, $26 2.23 per aack.
Dairy and Country Produce.
EOGS Oregon candled. 2S6 29C per do,
BUTTER-lty creamery. olid pack. 34
per pound; butter fat. 34c per pound; coun
try tor butter. 24c per pound.
CHEESE Full cream, twins. 17 S 18c
per pound: young America. lH'.iftlOe.
POt'LTRT Hen. lU luc; Spring. 180
19c: duck. 1214c; geese. lOSlllic; tur
key, lire. 10c; dressed, 22i,62i; squabs,
$3 per dos.n.
PORK Fancy. 13c per pound.
VEAL Fancy. 12H18e per pound.
Groceries. Dried Fruit. Etc.
PRIED FRUIT Apple. 10c per pound;
peach, 7c: prunes. Italian. 5 V 7c; prune.
French. 4 93c; currant. 10c: apricota. 11 0
14c; date. 7c per pound; tig, fancy white,
!c: fancy black. 7c; choice black. BHc.
SALMON Columbia Rleer. 1-pound tails,
$2. to per dosen: 2-pound tall. $2.95; 1
pound flats. $2.23: Alaska pink. 1-pound
tall. $1: red. 1-pound tall. $1.60: sockeys,
1- pound talis. $2.
COFFEE Mocha. 2428c; Jaea. ordinary.
1720c; fota Rica, fancv. ISC 30c: good.
10ll-c; ordinary. 12016c per pound.
NUTS Walnuts. 15c per pound; Braxll
nut. 13Vittl5c; filberts, 19c: almond. 17c;
pecan. 19c; cocoanuu. 90c $1 per doxen.
SALT Oranulated. 118 per ton: half
ground, 100s. $10.50 per ton; 50s. $11 per
ton.
BEANS Email white. 6ic; large white.
4ic; Lima. (Wc; pink, Ts; red Mexicans,
7c: bayou. 7ic.
p.ire No. 1 Japan. 4ie: cheaper grades,
$3..M 4.55; Southern head. 5 mi 7c.
HONET Choice. tt.23S-50 per caae;
trained. 7c per pound.
SUOAR Dry granulated, fruit and berry.
$-25; beet. $6.03; extra C. $5.75; golden C,
I5.5; yellow D. $3.83; eubea (barrel).
13 .': powdered. $6.0: Domino. $10,409
$16.90 per caae. Terms on remittances with
in 15 dava deduct tc per pound. If later
than 15 and within 30 day, deduct 4o per
pound. Maple sugar. 15tf lc per pound.
Pvorbnona,
HAMS 10 to 12 pounds. 22c; 12 to 14
pound. 211c: 14 to 19 pound. 21e: 18 to
20 pound, none; skinned. 22c; picnics, 16c;
cottage roll. IS fee.
BACON Fancy. 80c: standard. 29Vc;
choice, 2ic: Engllh.
SMOKED MEATS Beef tongues, 75c;
dried beef sets. 22c; outside. 20c: Inside.
2Sc: knuckle. 22c
DRT SALT CURED Regular hort clears,
dry salt. USt; smoked. 18c; backs, light,
alt. 10"c: smoked. 18c; backs, heavy salt.
16c; smoked. 17 tic; export bellies, salt. 17c;
smoked. 18S.C
PICKLED GOODS Barrel. pigs' feet.
$18; regular tripe. '10; honeycomb tripe,
$12: lunch tongues. $22; lambs' tongues. $40.
LARD Tens: Kettle rendered. 16ie;
star.dard pur. 13c; choice. 14!c; shorten
ing. 111. a
Oils.
. LINSEED OIL Pur. raw In barrels. $1.01;
kettle boiled. In barrel. $1.03; raw. In caae.
$1.09: kettle boiled. In cases. 11.08. Lots of
250 gallcns. 1 cent less per gallon.
TURPENTINE In cases, 91c; In wood
bsrrel. 88 Sc.
COAL OIL Water whit in drums. Iron
whits In drums or Iron barrels, 14c: anion
kerosene tn cases, 2-3a 23c; oleum kero
sene In cases 2-5. 21c; Aurora kerosene In
casea, 2-5a. 21c
GASOLINE Union gasoline In balk. ISc:
anion gasoline In caae. 2-5. 25c; anion
motor spirit In bulk. 18c; union motor spirit
In case. 2-ts. 25c; No. 1 engine dlstlllsta
In Iron drums, 8Sc: No. 1 engine dKtlllate
In cases. 3-5. 13Sc: V. MAP. naptha
In Iron drums or barrel. 15c; V.. M. at P.
naptha In cases, 3-os. 22c.
BENZINE Union benaln In Iron drums
or barrel. 18c; union benxlne tn cases,
2- 3. 2SHc; union stovs dutlllat In Iron
drums, 7c
Furs.
FURS Prices paid for prim Ko. 1 sklnst
Mink, northwest Canada and Alaska, $80
lO; Colorado. Wyoming. Montana. Idaho and
California, 3C7 50: British Columbia and
Alaska Coast. (89 lO: Oregon, Washington,
Idaho and Montana, $T. Lynx. Alaska and
British Columbia. $3&: Pacific Coast, $28.
Raccoon. $191.50. Skunk, Canada. $2.50:
Pacific Coast, II 9 2, Wolf, and coyote, Csn
sds, $59 9: Iraho, Montana, Wyoming, Ne
vada. $1.5068- Bearer. Oregon. Washing
ton, Canada. Alaska, $5.509 7: Idaho. Mon
tana. $10; Utah, Wyoming. $9.5097; cubs.
$2 9 2.50. Otter. Canada. Alaska, $12.50914;
Oregon. Washington. Alaska. Canada, Brit
ish Columbia. $394.50: Pacific Coast, L7fi
92.50. Gray fox. Pacific Coast. $1.6092
Bcsr. black and brown. Alaska. Canada, (18
920; cube. $12915: Pacific Coast. $10915;
cubs. $597; grlxsly. perfect. $25035. Badger,
$2. Muskrat. Canada. Alaska. 80c; Pacifto
Coast. X099Oc. Fisher. British Columbls.
Alaska. $15020; Pacific ' Coast. $9013.
Wolverine. 50 6 8. silver fox. $3000 500.
Fox. 40c. Ermine. 90c Mountain lion. IS.
Cross, fox. 110915. Sea otter. $2000450.
Blue fox. $80 10. White fox. $12020. S.lft.
lilt Ringtail cat. 230 toe Civet cat. 109
2vc House est. 592c .
Hops. Wool. Hides, Etc
HOPS 1909 crop. 80 12 He. according to
quality: olds, nominal: 1910 contracts. 13 He
WOOL Eastern Oregon, 130170 pound;
Valley, 18tf2uc per pound.
MOHAIR Choice. 320S3e per pound.
CAKOARA BAKK 4e per pound.
HIDES Salted hides. T07ttc per pound;
sslted csJf. lie: asltad kid. 8c; salted stags,
Act green hides, ls less; dry hides. 19H 9
17c: dry cslf, 17018c: dry stags. 11912c
PELTS Dry. lOfec; sjtd. butchers"
take-off. $1.15 91.40: Spring lamba, 239 45c
GRAIN BAQ3 In carlots. Sso each-
Corfee and. Sug-aa-.
NBW YORK. Aug. 11 Coffee closed firm
st s net advan'-e of 10919 point . Sales. 44.-73-
bacv. Cletng bids: August and Septem
ber. 7 iCv ; October. 7.15c; November. 7.2:
rvvmber. 7.3tc: Januar. T.35c: February.
7 lc; March. 7.43c; April. 7.4c; May. 7.48c;
Jure, 7v; July. 7.52c. Spt. steady. Rio,
X.'. T, g'.fsc: No 4 Santos, 94C Mild,
qaiet. Cordova. lOffllSec
MARKET. IS EASIER
Low Prices Rule, in Local Live
stock Trade.'.
RECEIPTS ARE MODERATE
All Lines Represented In Business at
- Yards, trot Little Beyond Poor
to Medium Grade Stuff Is
3Ioved During Day.
Low price were the rule In the live
stock trade at the North Portland yards
yesterday, all lines apparently sharing 1n
the generally easier feeling, though It was
clsar that the poor quality of the stock
thst figured In most salea was to a con
siderable extent responsible for the situa
tion. All classes of stock were represented fn
the days business, and In only a few cases
were anything like the recent high prices
paid. Steer moved at a range of $4.23
to IS.2S and cow at $4 to $3. a alngle ani
mal going at the last-named figure.
That there wa a good demand for quality
lock was unquestionable, -and some mem
bers of the local trade held that as soon
as anything of that sort appeared there
would be an Instant rally to a higher level.
Little In any line that would grade as
fancy has been brought In this week.
A few sheep snd lamb sales were reported
yesterday, medium to poor grade sheep go
ing at prices around $3.60 and lambs at
$4 to $5.50. according to quality.
In all. 44 hoga were disposed of during
the day, 11.75 being the price paid, and
here, as In other lines, the quality ot offer
ings figured In the making ot prices.
Receipts for the day were 101 cattle, S
calves, 11 sheep and 70 hogs.
Shippers represented at the yards war J.
Kinsman, of Wallowa, one car of cattle and
calves; C. Lelser. of Creswell, two cars of
sheep: J. S. Flynn, of Junction City, on oar
of cattle, calves, sheep and hogs; J. H.
Phlrtnan. of Grass Valley, one car of cat
tle; S. L. Turley. of Baker City, two cars
of cattle; R. E. . L. Brown, of Wellsdale,
four cars of sheep.. and E. H. Perclval, of
Independence, two cars ot sheep.
Ths days salea were:
Weight. Price.
11 lambs ;
5 steers . J
2$ steer 123 f
27 steers 1338 5.00
30 steers 2
27 steers 1125 4.90
1 cow 1110 4.50
1 cow 1070 -00
1 cow l- 00
1 bull ! -3
1 bull 1630 3.7.1
4 hull 1370 $.75
sheep 113 3.50
64 sheep 1Z 3.50
103 Iambs J-60
1 hog : 0 J 'f
39 hogs .-75r
Prices quoted on the various clssses ot
stock at the North Portland yards, yesterday
were as follows:
Beef steers, good to choice... $ $.250 8-60
Beef steers, fair to medium.. 4.50 8.00
Cows and heifers, good to
choice 60O $00
Cows and heifers, fair to me
dium Bulls ' 8-75
Stags , 2.500 4.50
Calves, light 5.750 8.75
Calves, heavy 8.500 5.00
Hogs, top 750 10.00
Hogs, fair to medium 8.900 9.75
Sheep, best Mt. Adams weth
ers 25 -35
Sheep, best Valley wethers.. 8 75 4.00
Sheep, fair to good wethers.. 8.900 8.75
Sheep, best Valley ewes 8.25 9 8.75
Lambs, choice Mount Adams.. 6.509 (.75
Lambs, choice Valley 3.00 9 5.50
HAD SB GO UP
PROSPEROUS SHOWING MADE
IX STOCKHOLDERS' REPORTS.
Advances Are Largely Due to Wide
Surplus In Year's Earnings Over
Dividend . Requirements.
NEW YORK, Aug. 12. The prominent plaos
held today In the number of railroad shares
dealt In and the extent of the advances by
Reading. Union Pacific and Southern Pacifto
were largely due to the wide surplus of the
year's earnings over the dividend requirement
shown by the two Harrtman roads and by
Lehigh Valley, the traffic conditions on which
are very similar to those In the Reading. The
strength of the Pacifies was also aided by
ths Indifferent effect of the week's Increase
In the Canadian Pacific's dividends.
Ths contrast In the prosperous showing
made by the reports to stockholders with
the complaints heard from railroad officials
of the onerous conditions for operating rail
roads Inspired a more hopeful view of rail
road prospects than has been held by the
majority of the stock market element.
The preliminary estimates of the currency
movement pointed to another strong bank re
turn tomorrow. The arrival today of $3,000.
O0U of Imported gold will figure In the show
ing The gain by the banks from sub-treasury
operations ls lees than last week and there
Is a sharp decline In the volume of receipts
by express from the Interior, the balance of
the movement remaining, however, largely In
favor of New Tork. The Increase In bsnk
cash for the week from all accounts is com
puted t amount to between $8,000,000 and
$9,000,000.
The strength of the groin markets was due
mors to reports of revived demand for ex
port wheat thaa to news of crop conditions.
Further weakness was ihown by American
Smelting, but the general market broke away
from that influence. The proposition to re
duce ths output of oopper Is supposed to
threaten a corresponding redaction In the ac
tivity at ths company.
Bonds were firmer. Total sales, par value,
fl.2M.o0O, United States os, registered, ad
vanced H and ths coupon declined M per cent
n ths bid pries on call.
CLOSINO STOCK QUOTATIONS.
dosing
sales. High. low. Bio.
AMI Chalmers pf.
2V
084
43
34
8!4
47
69
26 4
21
124
ST
9514
101 1?
444
129,
132 '4
92.
27 4
oi
Ami VA'Pper ...
Am Agricultural
Am Beet -Sugar ..
American Can ....
Am Car Fdy ..
Am Cotton Oil ..
Am Hd 1 pf
Ara Ice Securi ..
Am Llrseed Oil ..
Am Locomotive
Am Smelt Ref..
do preferred ...
Am Steel Fdy
Am Sugar Ref ..
Am Tel Tel
Am Tobacco pf ..
Am Woolen
Anaconda Min Co.
Atohleon
do preferred
Atl Coast Line ...
Bait Ohio
Bethlehem Steel ..
Brook Rap Iran.
Canadian Pacific ..
Central Leather ...
do preferred ...
Central of N J...
Ches Ohio
Chicago A Alton.
Chicago Gt West.
do preferred . . .
Chicago N W ...
C, -M a- St Paul ..
C. C. C 6t L...
Colo Fuel Iron..
Colo A Southern..
Consolidated Gas..
Com Products ...
Del Hudson ....
D R Grande ...
do preferred ...
Distillers' Securi ..
Brie
do 1st preferred.
do 21 preferred.
General Electric . .
Gt Northern pf ...
Gt Northern One ..
Illinois Central ...
a-verborouga Met..
81. 50
300
- 7
Ri
700
5"0
100
600
"'206
634
43t,
344
'8
5
60
27
2114
6 4
43
It
404
59 Vi
27
21
'ir"
944
101
183
92U
"46""
98
10OT4
37
9644
KMi4
120
1334
92.
"404
994
lOOVs
112
106 H
f?5
IS
34
87.9-0
300
"1.506
40A
200
' siaoo
6,700
100
1.100
1.000
400
g.ftfO
1.700
500
w
so "4
110 lllk
107 l8i
.25 5
75 764
190 192i
83 84a
103
2110
8.200
7414 7314
73
24
45
144
124
BOO 244
700 45 V,
J. 100 145
5,900 125
"'too "so"
loo 58
. 1H
100 ins
60 19H4
1.2.10 3014
100 714
23
45
144
123
.3
29 29
53 52
121 12P
13 18
160 160
so
71
28
26
43
33
4.5O0
SuO
26
23
43
2 13
dnO 123
2iO 53
JtTO 150
boO 17
143 143
124 123
53 . 53
U'V 130
18 IT
80 47i 4914, 474
1 t 9SH 93 94
'300 16i 19 1
IO
i ac mmp . '
Iowa Central 1 18 19
K C Southern ... M0 2 285 24
do preferred ... "0 61 614
Laclede Gas 9.0x lus H'2 1"31
lxiulsvllle A Nash 1,1"0 141 4 134 141
Minn St Louis. 31 24 21 1, 23tf
M. St P It 8 f M. "no laOS 13" l1"
Mo. Kan Texas 500 324 22 hi 821,
do preferred- 62
Missouri Pacific .. 2.40O 32 51 Sit,
National Biscuit .. IM 10314 l"2lj
Vailonal Ijari 100 51 51 51
Mex Net Ry 2d pf. 7fK 2S 2S, 28H
1 l.au.4 ..... .vuv ... -m -' " ,
N T. Ont A Tt 40,
Norfolk A West. I.n0 87 9Vi 8
North American ... -v 67i
Northern Pacific .. 4.900 II814 1151, 11S
Pacific Msll 1" 2S) 23'i 23
Pennsylvania 7.3"S 130 12S 1294
People's Gas .... 2K 1" loss, 105
P. C C t L ... 600 94 T4 94 V4 94 T4
Pittsburg Coal I54
Pressed Steel Car. BOO 38 35 354
Pullman 'Pal Car. 157
Ry 8teel Spring 804
Reading 99.200 U34 1411 142
Ropubllc Steel ... 21 3o SO 2914
do preferred ... 2 92 92 93
Rock Inland Co.. 2.300 SftJ 2!T SO4
do preferred 2"0 62 62 61 is
St L ft S F 2 pf 200 38 i, 38 38
St L Southwestern 2.14
do preferred ... loo 57 57 57
Stoas-Sheffleld .... 300 61 59 61
Southern Pacific .. 24.SOO 113H 114(4 1 lSUi
eV.utbern Railway, 1.3o0 2314 23 23H
do preferred ... &0 m 5S. A314 534
Tenn Copper 1 231, 2.14 234,
Texas 4t Pacific. 5"rt 27 24 27
Tol. St L West. 23 "4 224 4
do preferred ... 4 4'4 4 4811
Union Pacific .... 78.800 lt, 165 167T,
do preferred ... I") 934 93 VZ
V S Realty 3)0 70 70 . 70
V 8 Rubber x S.314 8314 34
V S Steel T7.70O 71 6vi 704
do preferred ... o 118 115T4 115'
Utah Copper l.IXW 43(4 4i - 474
Va-Caro Chemical. 7" 5( ASS o9
Wabash 200 17. 17S 17"4
do preefrred ... 1.900 33'i 34. 3T.1.
Western .Md 4.T,j
Westlngbouse Blec 100 59 f N
Western Union 644
Wheel Jt L Erie.. 3K 5U 5Vi . 5
Total sales for the day. 482.800 shares.
BONDS.
NEW YORK. Aug. 12. Closing quotations:
U. S. ref. 2s reg-101 IN. Y. C gn 3V,s 88
. do coupon 101 No. Pacific 3s... 71
U. 8. 3s reg WHi'No. Pacific 4S...100
do coupon . . .101 lunlon Pacific 4S.100V4
U. 8. new 4s reg.ll4iWls. Central 4s. 92
do coupon . ..114 ft I Japanese 4s 89
D. & R. 43. 4s 93 I
Dally Treasury Statement. '
WASHINGTON. Aug. 12. The condition
of the treasury at the beginning of business
today was as follows:
Trust funds
Gold coin $878,371,669
Silver dollars '. 4S9.274.OO0
Silver dollars of 1890 3.822.0O0
Silver certificates outstanding':.. 489,274.000
General fund
Standard silver dollars Jn gen
eral fund ; 3,086.538
Current liabilities 101,261.612
Working balance In treasury of
fice. 26.460,055
In banks to credit of Treasurer
of the United states 33.995.378
Subsidiary llr coin 20.610.246
Minor coin - 1.102.1S8
Total balance In general fund:.. 88,745,825
Money, Exchange, Etc.
SAV FRAXCISCO, Aug. 12. Silver bars,
53c
Mexican dollars Nominal.
Drafts Sight. 5c; telegraph. 7c. V ,
LONDON. Aug. 12. Bar ilvei Steady,
24 9-16d per ounce.
Money 1 per cent.
The rate of discount In ths open market
for short bills ls 2 per cent.
The rate of discount in the open market
for three months' bills is 2 per cenL
Stocks at Boston.
BOSTON". Aug. 12, Closing quotations:
Allouex 41
Amalg. Copper. . 66
A. Z. L. A Sm,. 24
Arlxona Com. a 181.
Atlantic 8
B C C A S M. 14
Butte coalition. 19
Cat. ft Arlxona. 58
CaL A Hecla. .525
Centennial 18
Cop. Ran. C. Co. 67
E. Butte Cop M. 8
Franklin 10
Glroux Con..... 74
Granby Con 84
Greene Caoanea 7
I. Royale (Cop.) 19 I
Kerr Lake ... 38
Lake Copper... 38
la Sajle Copper 11
Miami Copper... 21
Mohawk 50
Nevada Con. ... 21
Nlplsslng Mine.. 11
North Butte 29
North Lake 9H
Old Dominion 87
Osceola 130
Parrott (S. A C.) 14
Qulncy ......... 75
Shannon 10.
Superior ...'.... 43
Sup ft Bos Min. 8
Sup ft Pitts Cop. 1214
Tamarack 59
U. S. Coal ft Oil 35
U. s. s. R. M. .".om
do preferred.. 4SH
Utah Con 2'S 14
Utah Copper Co.. 464
Winona 8
Wolverine- 120 K
BKAD8TREET MAKES REPOHT.
Iron and Steel Quiet Business Failures for
Week 218 to 199 for Last Week.
NB1V YORK. Aug. 12. Bradstreet's to
morrow will say:
Increased .arrivals of Fall buyers and a
measurable Increase In house trade resulting
from favorable weather are reported at lead
ing Western and Eastern markets. , Retail
trade show relatively less expansion, await
ing, apparently, a freer movement of crops
to market.
Among tha industries Iron and steel are
quiet. The August report of unfilled orders
on hand by the leading Interest is of a re
duction for the last month, not, however, as
large as the average monthly reduction noted
In the preceding quarter. Estimates of Iron
ore shipments on th lakes tend to decrease.
Finished lines of Iron and steel are not great
ly changed. Demand for material from au
tomobile manufacturers are qulter.
In the building Industry the pause Indi
cated in earlier preliminary report is con
firmed by later advices. The lumber trade ls
quiet and some price concessions are noted.
Shoe dealers are reported buying carefully
from Eastern manufacturers, but that lower
prices are possible.
Business failures In the United States for
the week ending August 11 were 213, against
169 last week, 219 In the same week In 1909,
249 In 1908, 146 In 1907 aad 143 in 1903.
Business failures In Canada for the week
number 20, which compares with 27 for last
week and 28 In tho corresponding week of
19t.
Wheat. Including flour, exports from the
United States and Canada for the week end
ing August 11 aggregate 1,226.214 bushels,
against 1,275.730 last week and 1.785,755 this
week last year.
Corn exports for the week are 190,871 bush
els, against 419,154 last week and 134,400 In
1909.
DUN REPORTS SITUATION BETTER.
Crop Prospeetn Brighter and Trade Condl
tlona Generally Regarded Hopefully.
NEW YORK. Aug. 12. R. G. Dun ft
Company' weekly review or trade tomor
row will say:
Th situation is undoubtedly better than
most of the records for the month of July
now appearing indicate. For one thing,
weather conditions have Improved so that
crop prospects are brighter than the . out
look at the beginning of the month.
Although contraction In Iron and steel
continues, trade conditions are generally
regarded hopefully and the monthly state
ment of unfilled orders by the leading pro
ducers ahow a decrease during July less
than waa expected and there la no Import
ant changes In price.
The comparative activity In wire and pips
product I maintained. In drygood. cur
tailment of output and firmer value ars
features.
Values - tn cotton goods srs ' distinctly
firmer snd are well maintained, notice hav
ing been given by one large producer of an
Intention to hold price on staple ging
hams on their present level until October L
A more satisfactory vplume of Fall or
ders Is noted In ths shoe trade and more
interest Is shown for Spring. The leather
markets are not strong and active as to
hides, but there Is some Improvement, and
tanners are leas inclined to grant conces
sions on most descriptions Furrtier sharp
advances have been realised this week in
almost all varieties of domestic and foreign
hides and the demand Is especially actlv
for lata salting stock.
Minneapolis Flax.
MINNEAPOLIS. Aug. 12 Flax, $2.51.
Corn No. 3 yellow. 62g63c.
Oats No. 3 white. 36SvJ7c.
Rye No. 2, 714J74C
Chicago Exchange.
CHICAGO. Aug. 12. Exchange on Now
Tork, 20c discount.
Pioneer Dies From Injuries.
DAYTON; Wash.. Aug. ''12. (Special.)
John Newton Thompson, an Oregon pio
neer of I860, a wealthy and prominent
farmer of Columbia. County, died here to
day from Injuries received In a runaway
on Main street Sunday night. He wag
74 years old. On hts way to Oregon he
crossed the Enake River In a wagon-box
despite the fact that the river wag at
flood mark. Ha settled In' the Grande
Ronde Valley near Hot Lake, moving to
Dayton In 1871. He owned 600 acres of
fine farm land here. He married in 1871
Miss Viola Eastham. member of a promi
inent Oregon family. Surviving children
are Lao Thompson and ' Mrs. Helen
Loucka. - -
do preferred . .
Int-r Harvester .
Inter Marine pf .
Int Paper .......
EXPORT GRAIN SOLD
Sales of Wheat Are Made to
Germany and France.
MARKET IS WEAK AT CLOSE!
Prices Are Advanced Three Times
In Succession, but Attempts at
Profit-Taking Cause Re
action at Finish.
CHICAGO. Aug. 12. Sales of wheat to
Germany "were made today by Chicago .
houses and also at Philadelphia. In addl- '
tlon Baltimore confirmed 5000 bushel ex
port sales, mostly to Frsnce. Directly as
a result, prices here advanced three times
In succession, but attempts at profit-taking
ratiud reactions so that the close was weak
at a net gain of c to c. Corn showed 1
a general rise or "ft to lc; oats av
c and provisions of 2 to 12 c.
One of the reasons for the weakness in
the late dealings was the fact that local
professional speculators of the smaller
sort overloaded with wheat at the high
levels, the larger and more successful deal
ers meanwhile selling freely.
Another contributing element on the bear
side wss the somewhat general withdrawal
of the elevators from the cash market,
notwithstanding that receipts were larger In
deed, the arrivals, taken as a whole, were
nearly double those of a year ago. The
total of world's shipments, too. turned out
unexpectedly heavy. Opposed to these In
fluences wa the weakness In ocean freights,
large sales of flour to cross tho Atlantic
were also reported. Fluctuations on Sep
tember were between $1.02 and $1-08.
with the close at up at $1.02 to $L02
if 1.03.
torn showed more strength than any
other grain. Many reports were received
that rain was needed and that farmer were
elllng littlo for this reason. One expert
figured losses 2 to 8 points since July
23 In the leading states, barring Illinois,
which he aaserted to be unchanged In con
dition. September ranged from 64 to
83. with the close up at 65. The
cash market was strong. Mo 2 yellow closed
at 67 6 67. - -
Oats were helped by the strength of
other grains. September varied from 36
to 87 and closed at 37. a net gain
"Provisions were firm. The finish was
T to 12 up for pork. 2 to 7 for lard
and 2 to 5 for ribs.
The leading futures ranged as follows.
WHEAT.
Open. High. .Low -f'."e-
Sept $103 $1.03 $1.02 1.0j
Dec 1.06 ;.04S 10 1.06
May 1.11 11-1 1.10:4 1.11
CORN.
d:::::: ill .J 3 ;:Sj
May S3's
OATS.
Pept
Dec
May
.37 .37. .36 -H
MESS PORK.
Sent ..... Jl.37 . 21.65 21. SO 21?H
Oct. .. 20.87 0.7 20.180 30.80
JanV...... 18.60 18.67 18.45 18.62
LARD.
Sept n.Tt. ii "...
v. ll 35 1L40 11.35 11.37
Jan.'-.... 10.57 10.65 10.57 10.60
SHORT. BIBS.
Sent 11 55 11-70 11.B5 11.65
oclV::::: i":" ji.m ot xi.hu
Jan .50 9.70 9.6U .6S
Cart quotations were as follow:
Flour ;Firm.
Barley Feed or mixing, 4855c; fair to
choice malting. 6270c. .....
Flax seed No. 1 Southwestern, 2 4; No.
1 Northwestern, $2.56.
- Timothy seed 4.755.60.
Clover S 13.60. '
Pork Mess, per barrel. $22 (g 22. 25.
Lard Per 100 pounds. 11-77.
Short ribs Sides (loose). 11.37(8'11.75.
Slde,Short. clear (boxed), $11.7512.
Grain "statistics:
Total clearances of wheat and flour were
eaual to 101,000 bushels. Exports for the
week, as shown by Bradstreet's, were equal
to 1 226.000 bushels. Primary receipts were
1421 000 bushels, compared with 739,000
bushels the corresponding day a year ago.
Estimated receipts for tomorrow: Wheat.
379 cars; corn. 108 cars; oats, 4 cars;
hogs, 9000 head, ,
Receipts. Shipments.
Flour barrels 18.500 29.100
Wheat. Kshels I 71.000 355.400
Corn bushels 150.000 366.200
Oau.' Ssls .1,067.400 203.800
Rve. bushels !?!! "Vi
Barley, bushels 27,000 6,300
Hew York Grain.
NEW YORK, Aug. 12. Flour firm, with
a moderate trade. Receipts, 16,362 barrels;
shipments, jo.no
Wheat Spot Arm. New No. 2 red $1.08
elevator ana i. o. ....
$1.27 f. o. b. to arrive. Prices in the wheat
market gained about a cent a bushel on firm
cables and reports that exports had taken 66
loads, mostly for France and Germany, clos
ing at lc net advance. September closed
at $1.09. December at $1.12. Receipts,
13,200 bushels; shipments, 13,790 bushels.
Hops Easy. State common to choice 1909.
20S-22c; 1908 nominal; Pacific Coast 1909, 9
15c; 1908, nominal.
Hides Firm.
Petroleum Steady.
Wool Quiet.
Raw sugar, Arm. Muscovado, .89 test, 8.89c;
centrifugal, .96 teat. 4,39c; molasses sugar,
.89 te t, 8.84c. Refined steady.
WOOL MARKET IS BATHER QUIET.
Prices Becoming Firmer, bnt Business in
Goods Market Has Not Much Ginger.
BOSTON. Aug. 12. The Commercial Bul
letin will say of the wool market tomorrow:
Actual trading Is again comparatively
quiet, although one prominent Wetern
manufacturer has been buying three-eighths
fleeces and territory wool quite extensively.
The present demand ls chiefly for three
eighths fine staple territory and unwashed
delalne.
Prices are becoming firmer, for the situ
ation Is considered sound, but business In
tbs goods market has not ginger enough to
warrant substantially Increased wool values.
Montana staple territory sold this week
at 65c scoured, or an advance of 2 to 2
cents over the asking price of a week ago.
Fine to fine medium territory brings from
68 to 62 cents. Other business comprises
Oregon at 60 to 62 cents; Ohio three-eighths
and half-bloods at 28 to 29 cents; un
washed Ohio Delaine at 27 to 23c; Spring
eight months Texas at 6S to S5c clean; B
lambs at 45 to 47c and Montevideo three
eighths at 36c
The famous Darby clip of Lampassas,
Texas, smounting to 409.000 pounds, has
been bought by a Boston dealer at 18 c
grease or about 60c scoured.
New York Metal Market.
NEW YORK, Aug. 12. Standard copper,
quiet; spot, August, September, October and
November. 12.1212.87c London, firm;
spot, i56 2s 6d; futures, f56 17s 6L
Local dealers report firm market for spot
copper with lake quoted at 12.87 a 13.00c;
electrolytic, 12.50 812.75c; casting, 12.250
12.30. No arrivals at New York. Custom
house returns showed exports of 188 tons
so far this month.
Tin Firm. Spot, 33.60 33.75c; August.
September snd October, 38.53ie33.S7c; No
vember, 83. 55 433. 83c- London, strong; spot,
firm. fl54 10s Futures. il54-
Lead Dull, 4.49 4.50c New York; 4.25
4.35c East St. Louis. London, spot, 12 10s.
Spelter Dull. S.35S.5.40C New York; 4.95
5.05 Eaat St. Louis. London, spot, 22
15s.
Iron Cleveland warrants 49s 9d In Lon
don. Locally. Iron was quiet; No. 1 foun
dry. Northern. 16.2318.50c; No. & 15.50
16.00c: No. 1 Southern and No i Southern
soft. 15.75 18.25c
' New York Fruit Market.
NEW YORK. Aug. 12. Evaporated apples
quiet and steady with small offerings. Spot
fancy. 10611c: choice.. 8 9e; prime.
88c; common to falr.'67c
Prunes quiet and steady. Quotations rang
ing from 3c for California up to 30
40 and &tc for Oregon. -
Apricots quiet and firmer. Choice, 10
lumbermens
National Bank
CORNER FIFTH AND STARK STREETS
PORTLAND, OREGON
Capital
- OFFICERS.
G. K. Wentwerth. .President
John A. Keating ......... . Vice-President
Gee. L. MeFheisosi. ......... .Vice-President
B. D. Story .. Cashier
F. A. Freesnan .Assistant Cashier
Graham Dwaehart. Assistant Cashier
THE UNITED STATES
NATIONAL BANK
PORTLAND.
UNITED STATES DEPOSITORY
Capital - - - $1,000,000.00
Surplus md Profits. $725,000.00
OFFICERS:
. C. AT5SWORTH, President. R. W. SCHMEER, Cashier.
R. LEA BARNES, Vice-President.
A. U. WRIGHT, Assistant Cashier. W. A. HOLT, Assistant Cashier.
LETTERS OF CREDIT AND TRAVELERS'
CHECKS ISSUED NEGOTIABLE EVERYWHERE
DRAFTS DRAWN on all FOREIGN COUNTRIES
Ladd & Tilton Bank
Established 1859. '
OLDEST BANK ON THE PACIFIC COAST .
Capital $1,000,000
SURPLUS AND PROFITS $600,000 " ' .
w. M. Ladd, President.
Kdvc. Ceoklnghan, Vice-President
W. II. Duncaley, Cashier.
First National Bank
Capital
Surplus
Oldest National Bank West of tho
Rocky Mountains
lOVic; extra choice, ln911Vc; fancy,
IS 13c. '
Peaches steady, unchanged. Choice,
8ic; extra choice, 6.75ic; fancy, 7K
DaiiT Produce In the East.
CHICAGO, Aug. 12. Butter Steady.
Creameries. 252c: dairies. 2326c
Egg Receipts. 8761 cases. Stesdy at
mark, cases Inaluded, 10 19 lc; firsts, lici
prime firsts. 18c. ' '
Cheese Steady. Daisies. le; twins. 16c;
young Americas, 16c; long horns, 15c.
New York Cotton.
NEW YORK, Aug. 12. Cotton closed bare
ly steady, net 4 points higher to 7 points
lower. -
BITULITHIC
Makes good streets.
Property owners
who haverpaid for
it know this. Ask
them about
BITULITHIC
TRAVELERS' GCIDK.
H0N0LDID
And Back ( Firs t-C lass)
&J. Ibiv, tmm bL K.
$110
The splendid twin screw stsamar SIERRA
(10,000 tons displacement) sails July 30.
Aug. 20, Sept. 10 and every 21 days. Round
trip tickets good for four months. Honolulu,
the most attractive spot on entire world tour.
BOOK NOW and sscure best berths.
LINE TO TAHITI AND NBW ZEALAND.
8 8. atarlposa and Union Line, sailings
Aug a, Sept. 11, etc. Tahiti and back (2
days), 112. first class. New Zealand (Wel
lington), (24.t. first class R T. six
months. Write or wire for reservations.
OCEANIC a. B. CO..
C7S Market Street. San Franclsoo.
Canadian Pacific Empress line of steamers,
sailing weekly between Montreal and Liver
pool. Wireless on all steamers. Ask any
ticket agent or writ F. R. Johnson, G. A.
142 Third st. Portland.
$500,000
DIRECTORS.
O. K. Wentworth
Cha. S. Russell
P. S. Brumby
Dr. K. A. J. Mackenals
George O. Bingham
Lloyd J. Went worth
J. . Wheeler
Geo. L Mcpherson
John A. 'Keating
Robert Treat Plat
H. B. Story
OREGON
R. S. Howard, Jr., Asa t Cashier.
J. W. Ladd, Assistant Cashier.
Walter M. Cook, Ass't Cashier.
$1,500,000
750,000
TRAVELERS tiPIDK.
$66 ALASKA
aST ssv - AND BACK
Including: Berth and Meals
SUMMER EXCURSIONS
via Smooth "Inside Passage"
Twelve delightful excursions from Seattle to
AIASKA and back cheaper than
staying at home.
Don't wait until mtaamrrM arm mold ont
Writm amek for detail and Tmmmrvationm
Pacific Coast Steamship Co.
249 Waahlngrton St. PORTLAND
COLUMBIA RIVER SCENERY
Fast Excursion Steamer
CHAS. R. SPENCER
Leaves dally except Wednesday, o- A. M-
for Kood River and way landings and re
turn leave Hood Klv.r, 3:30 P. Ja.; amis
Portland 8 P. M.
SUNDAY EXCURSIONS.
JUssve SAM.; returnr, 5:30 p. If.
First-class Meals Served-.
Far. On DoMar Round Trip.
Up-town Office, 68 6th St.
Phone Marshall 1870, A 1203.
Landing and Offt-. Foot Washington It.
Phones Main 8819, A 2463.
lowest Rates to Plcnlo Parties.
XL W. SPENCER, OWNER.
COOS BAY LINE
DAT SERVICE.
Steamer Breakwater leave Portland t A
M., August 7, 12. 17. 22. 27 and
every five days, from Alnsworth Dock,
for North Bsnd. Marshfleld and Coos Bay
points. Freight received unUl 0 P. M..
dally. Passenger fare, first-class. 110; ssc-ond-class.
(7. Including berth and msals.
Inquire Alnsworth Dock. Main 368. -
San Francisco and Los Angeles
DIRECT
North Pacific 3. S. Co.'a S. S. Roanoks
and 6. 8. Elder sail every Wednesday
alternately at ( P. M. Ticket office
122 Third at, near Alder.
atARTIlf J. HIGLEY, Passenger Agent.
W. H. SLtSSKK, Frelwlit Agent.
" P bones SL 1814. A 1314.
SAN FRANCISCO PORTLAND 88. CO.
service to Lo Angeles, via Ssn Fran
cisco, every five days.
From Alnsworth fork, Portland. 9 A. M.
88. Beaver Aug. 18. Bear 21, Rose City 28.
From Han Francisco, northbound. 12 M.
SS. Bear Aug. 14, Rose City. 19, Beaver 24.
From San Pedro, northbound
88. Rose City Aug. 17, Beaver S2. Bear 27.
H G. 8mith. C. T. A., 142 Third Bt. ,
j, Vv. Ransom, Agent, Alnsworth Dock. 1
Phones Main 402. 2U8; A 1402, -I