Morning Oregonian. (Portland, Or.) 1861-1937, August 19, 1911, Image 15

Morning Oregonian., August 19, 1911, Page 15, Image 15

Image provided by: University of Oregon Libraries; Eugene, OR

About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Aug. 19, 1911)

Prev Page of 16 Next Prev Issue Next Text PDF JP2 (4.3 MB) Clip/Print Image

Return to Top

Prev Page of 16 Next Prev Issue Next

Newspaper Page TextI 13 nTE SrORXiyG OHECOyiAN. SAT CUD AY, AXGT7ST 19, 1911. 15C DEPOSIT PI McNeff Bros. Give Much Cash With Hop Purchases. EASTERN MAN IS BEARISH Philadelphia Broker fj He Will Tomlder", Offer of 4 Farm ert RefoM) Market Price and Want Option at 60. With the tnmt Millie. Hi the erlce of tiepe tha cash depoalts riulr1 with all iirrkun also ha Increased and yeatarday McNsff Bot. th healest operator la the local field, paid Ue nwil price of 1 rnt a pound for purehaeee aggregating IIM.ivm pounds In the Wlllemetta Vallay. tha tnniricl rat for delivery of the good being 43 canta. In spite of th fact that th mirktl now l firmly stbl;hed at 43 cent, little busl neae I being don. Farmer ref us lo nil i that figure and are holding 'or higher piieea Dealer haira beea unable to malt ontnght purchase and tha only way that they can reach tha farmart U through option! at ' to so eenta. While waiting fur tha mtrktl to become mora acuta buyera ara dosing up eontracta mad. on preloue optlona at prlcee varying from 41 cent to tha preeent figure. In tha faea of tha vlgoron boll mm m.nt waa tha caia yeeterday by leir L Dicge. a prominent hop broker of Phila delphia, who baa ben In Portland alnca Monday, ef lno.noo pounda at 41 cent Tha transaction waa consummated by A. J. Ray t Sor.a, manasar of tha Reedvllle rfop Farm. here Dinge had aecured hla optlona, through Harry I Hart, a local brokar. Kla br. Wolf a .Setter wara Ua purchasers. Dlncaa la Inclined to dlaeradlt tha bullish tendency and declared laat night that ha will consider offer of 45 canta on othar optlona that be haa taken In thla state, avan though ha needs hop, believing that ha will ba a Ola to buy latar at a lowar flgura. Thla poaltton la laughed to acorn by eld experienced hop brok.ra who have dealt In Pacific Coaat aiock for many year and who haa tnaa a close and careful atudy of tha preeent aituatlon. They declare that th price now prevailing ara not Inflate and that tha upward tndncy la a lagltl mat one. Prdlctlona that t will ba paid before tha laat of tha crop la barveeted now ara frlr circulated. It la eetlmated that taking Into conald ratloa gooda tied op on long tlma con l r acta, that which ass bought aarly In tee season at low figure a. id that takan by d'er alnca th high prtc war started, fully half tha Oregon crop ha baea aold. Many farmer will wait nntll their bopa ara harvested before Mlllng. deaplt preeent mtrhri condltlnna. Inactivity of tha market la not dua to lark of activity among buyera Every brokar In tha Northwaat field baa agent In tha growing auctions and It la eettmated that tt farmer who haa a alngia pound or more of hopa to aell haa bean visited by at least ten different buyera. Theodora 1. Tenkenauer, a prominent Phil adelphia brewer, baa bean In Portland for a weea keeping In touch with tha aituatlon nd making purcha.ee througb local deal er. Julius rinru arrived In Iowa yeatarday f-om hia extensive hopyarda near C'hehalla. w a.h. "Picking will etart ther eeptera vr I." he aaya. SARLEY BVTER.H EAGER FOR GRAIN 'ral Healer Offer - for reed Material DrllTm la Part bud. Barley la look frig baiter now than at any Ima in tha laat few week and local dealer. n their eagern.ee to aatlary cuttomera. ara trengthenlng tha market from all aldea Offer of fs delivered wen made br yea terday. but ramnera ara holding out for 30 for feed material. Brewing barley la atand ing at 3t delivered, with little actual buelne. Wheat ehlprnente eontlnoe to ba light and !he market IB uncertain. Jt la expected to eco-vee aa anon harveatrng atart. Deal vra ara endeavoring to determine what will ce the effect of tha O.-W. R. a N. Co. aa abltahlng a wheat rata to Puget Sound. Inarmucb a It la admitted that It will weaken tha market at Tacoma. It la believed that H will become atronger here by com parison. Although ther haa been little or no move ment la oata for tha paat few week tha market aeema to ba strengthening. The Merchant- Exchange yesterday re ported th following movementa In carload Iota: Wheat Barley Floor Oat Hay efondav : 1 1 1 .17 Tueeday 1 .. 4 14 nedneeday 11 1 1 J Thursday ' Friday S 1 ' Tear ago 4 a r-.eeoo u date i'3 3 3 T I4 fear ago ' 44 IM 10 Ul Tha exahange also reporta tha following foreign movementa for the week: India ehtpment. aJXOnn bushel: week tgo. aan.OOO buehe:: year ago. 1.M1.0O0 boa he la Argentine ehtpmrnta. atg.ooo boehela; ereek ago. T:.ooo buehe ; j.ar ago. 1.M4. 04 buabela. Australia ahlpmanta. Ts.non bushels: weak go. buabela; year ago. aeO.Opo, bush Oregon Aaptea Arriving New. Regular rooaignmenu of Oregon applaa ara tomlrg Into the market now and Front street la offering fair to choice atoeh at IL However, tha balk of tha trad la taking better gooda aad la paying from Lo to i One fancy lot waa aold her yeatarday at HM. but thla la considered better than tha market. Pear ar still aomawhat scarce, bat the p-tee rem lea ateady In anticipation of tha early arrival ef heavy ahlpmanta from th aovth. Peach trade continues brisk and for good s'ock I a box was paid yeatarday. Quota tion on trroerta and frawforda range from 0 rent to l.S".. On account of Ihe continued cool weather there la no busin.. In tha lemon market and eortaiierab: stock remalna vtored. Th nerk.t remain steady, hoaever. f gg elteatlow Weakearag. It waa lmpoIMa to maintain tha gg -rerk.t firm at Ti cent and much stock ried up en the hand of dealer at that figure. The elluatlon has reen permitted to be rome easier and plenty of e:ee wr mad yesterday at 3 and 2 c.ota It I sredlcted that, la view ef th appar ent weakneea of the market, farther red ac tions eoon mast he made. prk cleartrsa of the Northweetero cltlee ).s:rday was aa folloas. O'.srtngs. Pa'ah-... ro-fand fl'"-'? ftt-e . l."".l " '2 T.-otre ' 1 eaokeoe aoi.oio POBTXAXO MARaiETf. Wan Graewrlea. FtLVOV-Columbia River. 1 -pound tall. II It pr dos.i: 1-pound tr. fi-V 1-ao-ind fata. $3.40; A.a.ka pink. 1-pound ta I'. 2 rorrte Roatd. la drums. 219c per '''." CT hlre. l-7 per ease; strained k -1 io r r pound. M.TI tVe.nute. I1H per pound: a-et:! nu-s. 1 f:Deria 1V-: a'monds. 18 He; aeeana. IKi cocoanuta. 0r0l per : I j . .vMtnn.i ii.i- Dtr nouad: hickory nute. 8 o l-'c per pound- fAI.T tjranulat.d. 1S per ton; half around. lwi. eO per ton; Soa. t per ton. BEANH Mmall white. 4c; large white. 4r; Lima. 7 : pink, c; red Mexican. Ue: hayou. go. . Rl-B No. 1 Jenan. 4ir: cheaper grade. lltUtlOS; Houlhern head, fttrfc; Im ported Imperial. tc: Imported extra he. 1. 'lOJlR-Prr granulated. !.!: berry. $aJ: be.t. 4.1: extra C. RS: powdered, tarre's. Sd.&.: rubee, barrela. Io.f- I.RIED FRt ITS Apple. US S l"je Pr poind. apricots. tv. pea. hes. lOfflc; prunes. Ita'lan. lfin11c: silver. 1c; figs, .hits and black. H,B74r: currants. 10 lie: rals-ni. loose Muscatel. litvlUt; blearbed Thompson. 11 He: unbleached Sul tanaa. Se; aeeded. tSfSc Grain. Floar, Feed. Et WHEAT New crop; bluestem. lie; club. T7r: rd Russian. 7Jc; Valley. 7Jc. Fl.rifR ratent. ..- per barrel. tralghts. 3 41; export. 3-0; Valley. 4.0; graVam. t.:: whole wheat. t. MlLLKTtKK-Bran. 4Jnu0S per ton; mi.trtlln. $1J; ahorta. J5.S0 9 24.00; rolled barlev. ; t -JO. CORN Whole. .1J: cracked. "4 per toe. BAKLTT-N'. feed. -6.809 Per ton; brealnx. 1108 f Pr ton. OATH Old white, til per ton; new. 14 PHA"-T!mothy. valley. 1S1: alfalfa. Ill; clover. Ii wen: grain hay. t.010. Trgrtable aad Fruits. TROPICAL KRIITS Orangea M 4.7J per box; CalUrnla grapefruit. ..1.oO: rananas. v&vc per pound; pineapples, ao per pound: lemon. gotJ-S0 per box. . - FhESH FIltlTH Cantaloupe. 1 1.-5 J per crate; pearhee. Often 1.2 per tx'i. walermelons. lulVc per pound; pluma. 100 fl.7S per crate; prune. tl 7 per box; new pplea. 11 7:. 0 2.50 per box; raspberries, 1:9 1.10: bla.kberrlea $l.75 0l.O; pear. - 1.60 per box: t'aaabas. g'sc per pound. VK;ETARr.L'rs Beana. SalOc: cabbagee. i per humlredwelrht: corn. aoOertc Pr doseu: cucumbers, lt1.55 per box: egg plant. 10ai2Wc nr lb,; garlic. 100 12c per pound; i.tt-jce. SofllAc per dosen; hothous lettuce. tl.2iwl.7S per box: pepper. ttflOo per pound; radishes. lli,c per dosen; toma toes nocgf 1.21 per box. . oAChi VE-IETABLKS New rarrota. $1.75 per sack: turnip. lt.2V bests, 1.7. POTATOES .vw Oregon. IViOlVe par pound. ONIONS Wa.la Walla, tl 75 per hundred. Tkalry and Conntry Frodoce. POLLTKT Hens. liitlc; fprlng. 150 I.Hc; ducks, young. l-c; gees, lrtc; tur ka. USIDc Fresh Oregon reach, candled. See per doxen. BITTER City creamery extra. 1 and 1 pound print. In boxes. 30c per pound: lean than box lots, cartons and dsllvery extra CHEESE Twins. triplets and dalalee. lM-c per pound: Young America. ISSc I'ORK Fancy. lOuloc per pound. VEAL Fancy. 12a 13c per pound. Hooe, Went aad Hldee. HOPS 111 eontracta. 400 45c per pound: IftlO crop. 40c; lv crop. 300 0c; otda, -J9 25c. MOHAIR Choice. .l9S7He per pound WOOL Eastern Oregon. i1oe per pound, according to enrlnkage; VaUey. 1&9 X7c per pound. PELTS Dry. 10Hc: lamb. 240c each; hearlnrs. 10lc each. HIDES Salted hides. lOe per pound; salted rair. leU17c: sailed kip. 104c: salted stag. e,c: creen hldca c: dry hides, ISc; dry calf. Iu20c: dry atags. 120 la we. CAbCARA BARK Per pound. SOee. Oil. LINSEED Oil.. Pure raw In barrela. 1o; boii'd. in barre-. Jc; taw. In cases, tec: boiled. In cesea. akc. TURPENTINE Case. 73c: wood barrela T0v,r; Iron barrels. ec: 10-caae Iota. 72c. OAdOLINE Motor gasoline. Iron barrela, 17c; cases. 24c; gasoline, iron barre.a. tic- esses, goc. OAL OIL Ordinary teat, cases. lc; balk. In tank. He Provisions. HAMS 10 to 12 pounds. lOOJOc: 11 to 14 poun-ls. 1010 2): 14 to IH pounds. 109 Ittbjc: 14 to 14 pounds lVfJIOSc; skinned. 2i-c: pirnles. II Sc: cottage roll. SMOKED MEATS Beef tonguee. 8e. dried beef aets. none; outalde, none; Ineldee, 24c; knucklee. 2ec. LAKI Kettle rendered, tl.roee, lte; tnba, 13Lc; vtandard. tlercea 11 He; tuba. 11 c; choice, tlercea. none: tuba, none; ehortenlng. tlercee, Se; lube, gc. PACON Fancy. jSc; etandard. 5ftc: cholre. 22c; Engli.h. 17c. DRT SALT CURED Regular short clear, dry salt. Wee: smoked. 13H0; back, light, sa't. Ili,c: smoked. 14Hc: hacks, heavy sa.t, 12c: smoked. 14Vic; exporta. sa.t. itci emokad. 14 CME AND HOGS FIRM EXTRA QUALITY STEERS BRING TOP-NOTCH PRICES. Qaotatlone on Pork Stork at 98.25 Frequent Here NowMiddle Wot Is Principal Shipper. Both cattle and hogs were firm at the local stockyards yesterday, beef atock. In apue of the few sale, showing up better than for several days. One lot of good 12on-oound stera shipped In from th TVIIImtt Valley, aold for tl.41. which la near the top notch figure now prevailing on this market. Hog quotation at e.33 ar frequent now. Yesterday business waa dona on that basts. On account of the present demoralised condition of the mutton market sheep ahlp manta are becoming scarce. There ware no arrival yesterday. Demands for mutton stock are growing lighter and tha market remalna at a atandstllL Xt la believed that wlta a teanporary suspension of movement In thl line the market will recover from It re-cent downward trend. With the preeent atrength tha hog market, ahlpmenta In thla line are coming In more regularly. Pork haa been tha leader In the Portland yards for waeka and packer point to thla condition as a further argu ment for the development of the awtne Industry la Oregon, tiivea the advantage of freight retee and proximity to the mar ket prospective hog reisers In thla atete face encouraging profits they declare. A small lot of Oregon hogs came In from Junction City yesterday, but tha bulk of tha week'a ehlprnente came from Henllne gt Sons, of Nehraaka. on Thursday. rrlriaif receipts war 3 cattle. calves. 17 here. 271 goats. Shippere were as follows: J. 8. Flint. Junction City. 1 car of cattle, ealvee and hogs: Thaker Hlngh. Junction City, 2 care of goeta. and O. tx Burdlck, Balem. 1 car ef cattle and reives These were the only sale made: Weight. Prloe. II steer 104 13.1s II steer i:eo & II steer 1102 .l Price current at the Portland Union Stockyard for th variou els sees of stock were: Extra choice steer HOOOtSTS Choice steers S..Vt J 6.7S Good to choice steers.... 1239 5.50 Choto now 4.V0 4 711 Good to choice eowe 4 339 4.5 Good, eve rase lOM pound.... 4-000 4 1$ Common cowo 1769 t-04 Choice heifer I MO iOO Choice bull I J S. 73 Choica ealvee. too in aad under 7.23 9 7 3-1 Oood to choice calve I W4 a 01 Common caJvae ....... a.00 9 6.00 Choice etags 4309 4 71 Good to choice tae 4.U Q 4.M Hogs F-xirs choice light hogs I 139 I Choit-e heavy hogs 7. eon 7.: Heavy rough boga ai9 IH Sneep Choice yearlings, wethers, coarse wool U9 Choice yearling wether, east ef mountains a.23 9 t 34 ChoHe two and threee l-OAtf I 13 Choice aprlng lambe n.339 5 10 Oood to choice Pprlng lambe .... 6009 6 2 3. Choice killing ewe S.73 9 5.00 Th following quotation represent price en thl market for the different claeeea of horses: D-sfters. extra heavy. MuuffSM. drafiara. 14-0 to 1T0O lb. l.VltS: draft ers, 100 ta Hon ib.. I1oa30: cbuaka 175 and up; saddle horses. do aad up. Tattle Receipt e at Cbtcage. CHieAilO. Aug. Cattle Receipt a flmated at I"o"; market teady: beeves. IMiStMlO: Texas 'er. I4.30fiA.4S: weet-e-n steera, t4.79 7.: stockers and feeders. IiijbIM: cows and beifers, 2Z39a2S: ca'vee. e7V Hogs Receipt! eettmated at 11 cww; mar ket steady to V lip. light. 17 V50 7.10: m'ved. I7.o?-S: heavy. J.JH; rough. 'Wti7.l4. x vo-t 10 cholt-e. heav-y. 17.1.9 7" Pge. f. 104 7.70; bulk of ealee. :.2Jj T . S!, p ftsroipts eetirrts'ee t nry; market mng rtlv. II40i.'. weetem. $2 739 j o- veariings. I.t733: lambs, native. 54.23 0 7.10. western, $47Stf7 10. Chlcage Produce Market. CHICAGO. Aug. II. Butter Ftes'lv: creameries. J0fJ2Jc pound, dslrte. lr?923c pcund- s-.sxs isadv. rer-eiptv. x3t cases: at market. cas- Includ-d in-!4c doxen; firts. 13-e doren price firvts liy dozen. Cheese Firm . deletes. 1.-9 12 c pound: wins l1f U' pound: young Americas. 1L,tjltc pound, long horn.. 13 9 13 'A pound. LOVETT GOOD BULL Harriman Chief's Statement Improves Stock Market. STEEL SALES ARE HEAVY Tariff Itvlion Has Depreaaing Af fect on . Bis Indnstrlal Many Other Shares Follow Lead . of Union Pacific NEW TORK. Aug. II. Xe email part of tha recovery recorded by tha atock market today a as directly traceable to the etate ment put out by the Harriman manage ment after the eloee of bualn yter dy. Judg Lovett s unequivocal denial of any Internal dissension in th Union Pa cific or probability of a reduction of the exist Ing dividend waa accepted on Iti face value In moat quarter, accompanied aa It seem to be by purchaaea of Harriman stocks on the part of the bankera cloaely identified with that system. Of th Union Pacific oplsod. however, much of the mystery Including the origin of the enormoue selling of th laat three weeks remein unsolved. Ther wer hint today that the near future might Inject a new and highly Important Interest In that property an Interest which In by-gone ye re had oflen opposed th plan of th Harri man faction. Hut for the feet that the labor ltuaiion In England ha become even more acute It la quite likely that today'a movement might have proceeded farther. Heavy selling of United "tatee Steel to day Indicated eome unaaslnesa over the pro posed tariff revision programme at Wash ington. Other ehare participated In today gain to tha extent of one to two points, but trading became exceedingly dull on the de cline. Under the lead of Union Pacific, which advanced to 1J2V other leader also tended iharply upward in the flnal deal Inge. There were numerous net gains of 2 lo 1 points, and the market tone at the cloae was mora sustained than at any prevloua time of tha day. Home Incldenta Included threata of a strike on the Illinois Central Railroad, fore cssts of tomorrow bank tateraant point ing to a large ceah gain. Bond war steady aside from weakn In American tobacco 4 per cents. Total sales, par value. 41. 571.009. United State Government Is advanced 4e on call. CLO01XO STOCK QUOTATIONS. Closing Galea. High.. Low. Bid. All! Chal pf Amal Copper .. 10.bH "2 " l Am Aancuit .. o ; Am Beet sugar 8.t" 03 82 V - American Can . J Am Cat Kdy. 4O0 91 a l M Am Cotton OH f Am Hd Lt pf SO0 S 21 Am Ice Hecurl An, 1 I n -...1 ... ...... 1 Am locomotive. loo 31 8J" Am Emel a Ref .lo 71V 7"4 do preferred.. :00 lOiis 10S4 IOS Am Steel Kdy a Am Sugar Ref.. O0 115 114H 114V Am T.I a Tel.. W 1M 1"3 "" Am Tobacco pf. 200 S3 ia 2 2 Am Voolen J,, Anaconda U Co S1 Atchison po.3'10 l'S 1" do preferred.. 3o luai, 102 101 All Coaat Line- 30 1-2 V ISJ,, Belt Ohio... 7O0 102, lf2 102V; B-thlehem Steel aw t" 20V 80, Brook R Trsn.. l.t0 75 5 73 S 73 V, Canadian P.c. 4.H0 IS 2;4 V S3, Central Leather. 300 20 So1 gsje do preferred. ..... ,e7 Central of N J Che Ohio .. 2.800 75(4 73H 73H Chicago a Alloa n Chi Gt West ... 'X SOU, 0 20 do preferred.. 00 13V (3 8H Chicago a N W :: lil O. M a Pt Paul S.aOO 115M 114 UK C, C. C fl L Col Fuel a Iron. 2"V Col A Southern. JOr, 40 4'4 4lv, Consol Cta J.0O0 187 V. 13 187 V Corn Producta .. 5O0 13 13 13 tie I Hudson 1A7 D A R Grande.. 3"0 23 25 23 do preferred.. 400 64 Vs M 54 nistlllere' Secur H0 82 82 814 Erie 7.2'0 't 29 :V do 1st rf 3.S00 30 4i do id pf "i Oeneral Eleo .. 30 13S"w 188 12 Gl North pf ... 4 12 124 Ti 123 V Gt North Ore .. l.uOO 4 Ti 47 V, Illinois Central. 1 1404 140i 1404 lnterbor Met .. 40 l I.M 15! do preferred.. 0 42i 42V 4 Inter Harvester. .VK) III 117V 113 Inter Marine pf 100 15 15 1.1 Int Paper 10 Int Pump SOO 84 V, 84 84 -A loeva Central .. lo l1 14 I K C Southern.. I1"1" SO'a 80 24 do preferred.. 10O 7 87 87 Laclede Gaa ... l'0 104', 104", 104 l.ouie a Nash.. 400 148V, 148V 1484 Minn St L 82 M. 8 P a S 8 M 7O0 185i 184 185V Mo. Kan A Tex. l.00. 82 31V 81", do preferred Mo PariAc 3.600 43 41 41 Nat Biscuit 131H National Lead .. 100 SOVk 604 84 Mex N Rr 3 pf. 2V N T Centr! ... J.40O) 104V 1084 1044 N T. Ont We 200 40 40 89 V Norfolk We.t 70 103 103 4 103V North Am ...:. 100 71 71 71 North lac .0"0 11V 11H 110S Paclrtc Mstl 1.1 go 28V 2V Pennsvlvsnla ... oo 120V 12'' 120V, People's Gas .. !"" 108 V 108 V 108 V P, C C rl t. 400 3 8 P2V Pittsburg Coal. 184 Pressed 8 Car.. Son 81V 81 81 C Pull Pal Car .. loo J3V 138 V 187 4 Ry Steel Hprlng 3-v 324 81 4 33 Resding 84.2 143V 148V 144V Republic Steel .. 8' 23V 35V 25V do preferred 91 Rock Islsnd Co 8V ? 31V 28S do preferred.. I.'"' .104 40 4 80 4 PI I. A 8 F 2 Pf 1'M 41 41 41V St L Southwest. 800 81 31 81 do preferred.. 100 8S 584. Rloss Sheffield 41 Southern Pea .. I2.70A 14V 1184 114 t-.oiilh.rn Ry ... 8.000 2 V 2V 3V do preferred.. SOO 704 8"i 7rtV Tenn Copper ... 3"0 32V 82V 33 Texea a Padfle 7'-1 244 24 24 V do preferead,. W0 41V 414 414 Union Pacific .. PAoort JT2 V 170 1T3V do preferred.. 8"0 02 914 DI14 U s R.slty 11 U S Runner ... boo 8T 814 87 do preferred.. l. 111S 118V 115 Utah Copper ... 400 43 4414 48 Vs Csro Chem .. 8O0 65 544 634 Wabaah ivm 144 144 144 do preferred.. 100 80 8" 8v Weetern Md .... 2'n S V M 3 Westing Eleei .. 7v 3 4 3 V 3 V Western I'nlen. 8OO 764 75V 75 Wheal L E 8 Lehigh Velley.. 400 1144 1184 114V Total ealee for the day. 4M.S00 share. BONDS. NEW TORK. Aug. IS. Closing qnota- V'nt ta reg.lOOVi T C gn 34a.. 8B do coupon ...loov.No Pacific 3a... 70B U 8 3a reg 11 4 No Pacific 4s.. HUB do coupon . . .101 4,1'nlon Pselfle 4a. I14 U S new 4a reg . 1 13 V Wie Central 4a. 03 do coupon . . .1 13 Japaneea 4s .... 8V D R U 4a B0 'a I Stocka 1 Bt-WTOS. Aug. . Roatoa. Cloelng quotations: 1 Nevada Con ... 17V Amalg Corper.. 11V A i L a 8m... 23 Aritens Com . . 8V Bu Coal ex-dlr. l.4 Iff a North Butte North Lake. 33 1 ill a Anion.. Cal a Hecla...-4I0 Centennial f Old Dominion... Mi V ! Osceola Parrott (a A C. 10 Cop Ran Con Co 54', F. Butte Cop M. 104 ulncy ......... 01 Shannon 141 Kre nk'ln 14 Superior 34 1 Glroux Con .... Granhv Con . . . I Rovalle (Cop). Kerr Lske Lake Copper. . . . l a Salle copper M'aml Copper... Mohawk o up ar woe aim.. 4 51 .Tamarack 21 13 IU88RAM-.ee' 4 do preferred .. 41 7 Utah Con 1.1 84T'eh Copper Co. 44 IB 4 Winona 8 4 40 Wolverine too Ceei dill eel ef the Treat an rr. WASHINGTON. Aug. 1. At tha begin ning of buslneea today the condition of the United Statea Treasury was: Working balance In Treasury. M871.7H In banks and Philippine treaeury 8.4.122 32 Total In general fund 144 821 s0 Fterelpta yesterday war 2 ST0 21.1 Disbureemenle a ere - . 3.813.024 Derlflt to date. 322.805 161. a egainet a deficit laat year of I13.117.8oa, These flg urea exclude Panama Canal and publle dbt trapctlona Money, Exchange. Fte. NF.W TORK. Aug. 1 . Money en call toed'. Highest. 2V per cert: lowest. 3: ruling tte. 24; lest losn. 3: closing bid ; oftcied st X Time loans very dull; 0 day. 3 5 3 4 per eeat. go da . 393V; six months. 3 V- i rlm mercaBii; paper, 4 it 64 per aeaL Sterling exchange steedy. with .actual hune, "a bankers- bllla at S4.1313 for 60 day bllle. and at $4.S for demand. Com mercial bills. $4.33 V- Bar 1lvr, e2c. Mexican dollar. 45c, . . . Government bonda firm; railroad bono teady. WNPON. Aug. 18. Bar llvr Bteady. 34d per ounoa Money 1 4 per cent. The rate of discount In the open market for short bills la 24 per cent; three months bills. 3 V per cent. CHICAGO. Aug. 18. New Tork exchange Pr. SAN FRANCISCO. Aug. 11. Sterling ex change. 60 days. I4.82V: sight. I4.R34. , Drafta Telegraph. 2 4c premium; lght. par. Caeh Corn at Chicago. CHICAGO. Aug. 11. Caeh corn. No. 2. 44ft04Vc: No. i white. 15V"54e: No. 2 yellow. iIWir; No. 3, 644S"4Vc: No. a white. 5c; No. 8 yellow. HVvJlSc: No. 4. 63V9 63Vc: No. 4 white. 6SVir64c; No. 4 yellow. 08 V g 4c. . Cotton Futures at New Tork. NEW TORK. Aug. 11. Cotton future closed steady. Cloelng bids: August, 12.31: September. 11.31; October, 11. XS; November. 11.33: December. 11.40; January. 11.85: March. 11.44: May. 11.33: July, 11.54. Spot closed quiet, 10 point higher. Middling up land. 12.50; do. Gulf. 12,75. No sale. Following dsy on the reported be of thla city: are the quotations prevailing to New Tork Cotton Exchange, as tha Overbeck Cooke Compeny. Open. ...II.20 ...11.28 .. .11 40 .. .11.81 .. .12.14 1130 ...11.23 .. .11.23 High. 11.39 11.40 11.37 11. HI 12..12 11 85 11.87 11.45 Low. 11.17 11.21 11.88 11.38 12.10 11.2 11.16 1L22 Close. 11.8.1 11.41 11.53 11.54 12 81 11.38 11.33 11.40 January , . March .... May July August ... September October . . , December Dnlntb Flax Market. DULUTH. Aug. 18. Flax In tore and on track. $3.40; to arrive, $2.16; September. $2.16; October. $2.00 bid; November. $2.00 bid. WHOLESALE TRADE GOOD BRADSTREET'S WERLY REVIEW MORE CHEERFTL. Bq.tts Are Inclined to Await Full Crop Reporta Beore Placing HcaTy Order. NEW TORK. Aug. II. Bradstreal to morrow will ear: The Improvement conceded generally to have occurred In th later planted Western crop and particularly corn. lnc the first of th month, the advance of the season of Fall lobbing activity and the consequent presence In the leading markets of rail buyera la reflected In a slight Improvement In the volume of wholesale trade this week. These galna. however, are moderate, pend ing clearer view of crop out-turn and of possible tariff revision. In the case of the wool tariff revision, tha disapproval of tlie Executive of the measure baa apparently brought out mora confident buying of gooda and of raw material. Trade at beat la only fair and demand walta upon real of expected consumption to en extent not often witnessed at this sea son. Altbougn production of finished steel I of goodly volume ther 1 rather leas do ing In tha way of new bualness and reports of price cutting ere more numerous. Buy ers in general are conservative, and It i atd that attractive business would bring out lower quotatlone. Business failures In th United Statea for tha week ending August 17 were 215. against lot last week: 221 In the like week of 1110. 13 In 1103, 236 In 108. and lit In 1107. Wheat (Including flour) exports from the United States and Canada for tha week ending August 17 aggregate 3.607.246 bush els, against t. 560.967 bushel laat week and 1.47.Mt buahela thla week last year. Corn export for the week are 18. 631 bushels, against 115.711 bushel laat week and 41. $17, bushel la 1110. gH'TIMXT EVERTWtTERB IMPROVED Doa'e Review Notre Expanding Trad la Numerous Mercantile Llnc. KEW TORK. Aug. II. R- G. Dun' week ly review will say tomorrow : Sentiment is Improved at Boston with a prevailing belief that buslneea eoon will be much better. Dry goods Jobbers report a fair demand end order are well distributed. There are Indications of an expansion In Industrial activity, although curtailment 1 still drastic at cotton ml lie. . Deallnga In retail lines at Chicago were favorably stimulated by the large num bers of visitors attracted by the aviation meet. Wholesale operations Include a wider variety. Including holiday gooda Wholesale bualneae continues quiet at Minne apolis with orders being placed for imme diate requirement only. Th genernl undertone throughout the Northwest 1 good, however, and stocks of merchandise are not burdensome. Abund ance of rein haa repaired much of the early damage by drought and tljreahlng returna are Improving better tnaa expected. Some Improvement la noted in wholesale trade at be Paul, buyera operating with more freedom. BAK CLEABI.VGS ARE DtCREASOiO Bradetreet's Weekly Report f-hrrers More Money Handled Than Year Ago. NEW TORK, Aug, 18. Bradstreef bank eleannga report for the week ending August 17 ,hoe an aggregate of $a.28.534.O0ii, aa agalnat $2.b01.2.tXk laat week and $2,537. 743 0O0 In the corresponding week last year. P. C Inc. New Tork $1,757,457,000 23.T Cki.... IZoO.O.TX.uOO 1V.0 Boston 162.825.OO0. 7.6 Philadelphia lil'i.2S.0"O 8.0 St lyi, .! '. .. tS. 754.0IIO 3.4 Kansaa City 4.1.826.000 a.6 Pittsburg 44.904.onn -4 Ean Franelaco 49 6S7.O00 14. H.lflro..ra 30..M7.0"O S3 Cincinnati 33.767.000 J- Mlnneapolla 1 7.658.000 .5.0 Cleveland 2u.545.0O0 .4 New Orleans -. 16.4.M.(iO 13.2 n..i. 24.140.0OO 17.T Omaha 13.AO.0OO 4.5 Loa Aagelas 1 . St. n0 47.7 Louieviif. "-'i5!0.; ,of Milwaukee l4.h31.OiiO l.l Port land. Or. 1I.16D.OOO 13.5 Seattle 10.175.0O0 3.4 c. paul 8. 050. "00 .10.5 AtUntlo - 1222-2! Buffalo 8.782.000 7.1 Denver 8.1150.000 1.4 Providence 7.41B.KK) 3.8 Richmond I-"I-"S2 -H n..hi..i 8.4O1.O0O 3.1 UL JoaeDh 6.712.000 3V8 Fort Worth i'i2-2S2 "a Memphl J'1?rj Fait Lake City - columbue ?'S'-?2 Albany e 6.. 55.000 2.4 Tacoma 4.00.000 30.t Seiennab 8.62.0no .6 bpokane. Wash. ? f Sacramento. Cal 1 .73.) .""0 5.1 Helena . 86l.Ol 4.3 Oe.lv a. ion lS.ol4.OOft 7.8 HcTueton 2Lo.0tK) :i Decreaae. TAFT'S TETO IHPROVES WOOL MARKET Trade Outlook Now Better Fair Baalneea Trxutaarted tn Ail Branch.ee. BOSTON. Aug. 11. The Commercial Bul letin of Boston will ear of th wool mar ket tomorrow: Wltb the President's veto affixed to th trtff bill, the wool trade la breathing eaaier and the outlook for the wool merket la omwht better, although not as good aa tha trade would like. A fair business haa been done thla weak, both In territories and In fleecee. at about tha same prices which ruled a week ago. Some foreign wool ,also old in a limited amount. Mora or leaa wool which had been under test by the mills eub)eet to approval will new be taken up ainea I tseems unlikely that the tariff measure will pssa over the veto. Foreign market are still Arm. al though hardly aa active aa formerly. Dry Cood Imports at New Tork. NF.W TORK. Aug. II Imports of mer chandise and dry good at the port of Tork for the week ending August 13 wer valud at $17.75.946. It. Louis Wool Market. T LOTIP. Aug. 11- Wool firm: medium gradea. comhlng and clothing I84f21e; light, fine. 17SH4C; heavy, fine. 14316c: tub washed. 25m 3oc w York Soger Market. NF.W TORK. Aug. II. Raw sugar Firm; muscovado. 4-424.Oc: centrifugal. 4.92 1 6c; molassee sugar. 4.17 4.25c; refined ateadj. BULGE GOES EARLY Wheat Prices Fail to Hold in Face of Crop Reports. CORN MARKET IS HIGHER Shorts Hurry to Cover, Bringing Price Up Few Notches, but Close Is Under Previous Day. Business Quiet. CHrCATO. Aug. 18. Busine-s waa quiet attain today. Wheat failed to hold an early bulge. September closing 4W"4C aown. oi tember corn closed a shade higher and oata unchanged. Provisions were firm, closing 2 4 g 5c up. The main consideration In wheat waa the unvaryingly cheerful reports from the Ca nadian Northwest, which predict a bumper crop. Shorts covered- early on higher ca bles, and because Europe waa said to be taking everything offered. September rose to 904c under this Influence, but the ad vance overtaxed the atrength of the market and a decline to 894c followed. There was a reaction toward the close of covering by shorts, hut the cloae was under yesterday. The official statement of ship ment from thl country for July show a gain of 3.800,000 bushel over the corre sponding month last year. Corn showed a tendency to follow wheat, but trade was small and the range of price narrowed. September sold between 65 4c and 644c Oats price followed wheat and corn over a narrow range. September aold between 424c end 414c, cloelng unchanged. Provisions were strong, packers bought October ani sold January product. The cajh article was in fair demand. January pork closed 15c over yesterday ' at 316.45. September lard 12'2e higher at $9,07 4 end September ribs 245c up at $.109.124- The loading future ranged a follow: WHEAT. Open. High. Low. . Close. Pept $ .04 $ 04 $ -"94 -8,:4 Dec 44 4 .934 4 May 1.00 4 1.00 4 -4 l-00 CORN. Pept H .54 4 .65 Dec 114 . 42 4 614 .M May 44 -b44 "4 '"H OATS. Sept .434 -424 .41 .1T Dec -.444 .444 -444 .444 May 474 .474 .474 -474 MESS PORK. Jan. 16.46 16.45 16.S5 It. 40 LARD. ' Sept 1.02 4 1 074 8.024 I.74 Oct. 10 15 1.10 I.1S Jan. 8.75 ' t.IO 8.72V4 8.80 SHORT RIBS. Sept 1.124 124 .74 "'i Oct 1.00 9.97 4 I.0D4 Jan S.35 $.374 8.324 8-74 Cash quotations were as follow: Rye No. 2. HMe. Barley Feed or mixing. 70eOc; fair to choice malting. Jl.lO'gl.lS. Timothy aeed $12 13.60. Clover tlS 18. Pork Mesa, per barrel. $17.76017.874. Lard Per 100 pounds. $8,974 9.02j. Short ribs Sides tloose). $S.2S 4 & 9.12 4. Sides Short, clear (boxed), S6S.Ii. Grain atatistlcs: Total clearancea of wheat and flour were equal to 609.000 bushels. Export for the week, aa shown by Bradstreef were equal to I.5O7.O00 buahela Primary receipts were 811.000 bushels, compared with 1.111,000 bushels the corresponding day a year ago. Estimated receipts for tomorrow: Wheat. 144 cars; corn, 32$ car; oats, 21$ cars; hogs, 9000 head. Receipt. Shipments. Flour, barrels 15.000 41.000 Wheat, bushel 130.000 215.000 Corn, bushela 1S4.00O 544.000 Oats, bushels 113.000 J2S.00O Rye. bushels 2.000 Barley. buhel 17.000 ,00 European Wheat Market. LONDON. Aug. 18 October wheat cloed at 7s 14d: December wheat closed at 7s 8 4d: September corn closed at fie 6 4d. English cjuntry markets firm. 3d to d higher 1 French country market quiet. LIVERPOOL. Aug. IS. Close: Wheat. Oc tober, 7a 14d: December, 7s 34d; March. 7ft 8d. Weather, cloudy. Grain at "Minneapolis. MINNEAPOLIS. Aug. 18. Close: Wheat, $1,014; December, $1,034: May, $1,014; No. 1 hard, $1,064: No. 1 Northern. $1.04 I.0.14; No. 2 Northern. 8S48I.044; No. 3 wheat. 964 6' 1.01 4- Grain at Saa Francisco. SAN FRANCISCO. Aug. 18. Wheat steady; barley firm. Spot quotstions Wheat Shipping 1 451.474 per cental. Barley Feed. $1.55iL57 4 per cental; brewing, nominal. Oats Red. tl.s5ffl.85 per cental; white and black, nominal. Receipts Flour. 4.118 quarter sacks; wheat, 505 centals; barley, 69,134 centals; oats, 673 centals: potatoes. 6S20 sacks; bran 635 aacks; middlings, 876 aacks; hay, 975 tons. Mlllstuffs Bran. $2S29; middlings. $329 84. Hay Wheat. $1217 ton; wheat and oat, $12 18; alfalfa. 912 ton. Grain Markets of the Korthweet. TACOMA. Aug. 18. Wheat Bluestem, 84c; fortyfold, tic: club. 80c; red Russian. 73c Receipts, wheat 13 cars; hay 11 cara. SEATTLE. Aug. 18. Wheat Bluestem. SR.c: fortyfold. 80c; club. 79c; Fife, 79c; red Russian, 77c. Oats. $27.50 per ton; bar ley, $2S 50 per ton: bags. $8.50. Car receipts up to noon: Wheat 7. corn 8. oats 6. hay J. rye 1. flour 1. J Dried Fruit at New Tork. NEW TORK, Aug. 18. Old crop evapor ated apple practically out of the market. New erop future trongly held, with prime apples quoted at 10 4 to 104 c for Fall deliver!. a Prune In light upply on spot and market reported firm. Quotatlone range from 9 to ISc for California fruit up to 80-40 and from 114o to 154e for Oregon 8 to 20s. Peachea quiet, with choice quoted at 110 HVic; extra cboloa at 120124c: fancy, 124c Coffee Fotrtre at New York. Ktff TORK. Aug. 11, Coffee future closed steady, net unchanged to 4 . polnta lower. Sale. 41.000 bags. Including switches from September to later months. August. lL95e; September. 11.80c; October, 11.43c; November. 11.23e; December. 11. ISc; January. 11.16c; February. 11.12c; March. 11.08c: April. 11.01c; March. May. 1L07oi June and July. 11.08c Spot coffee ateady; Rio No. T, 134c: San toe No. 4, 14c. Mild coffee, dull. Cordova, 14 918c nominal. New Tork Metal Markete. NEW TORK. Aug. 18. Standard copper dull; spot. I2.l5fr12.324e; August, eternvem ber. October and November. 12.124 ft 12.80c. London quiet; spot, 56 6s; futures, 57. Custom-House returns show exports so far "Aside from any aort of concession a to the utility and intrinsic value of tba structure of the patent. Its durabil ity and practical value, in use la estab lished by a great volume of evidence coming- from expert engineers ao quainted with the pavement problem as well as from others who speak from observation, of the pavement In use In many parts of tha country. Its durability under -traffic its cleanliness. Its nolselessness and . freedom from undue slipperlness as compared to most other forma, of pavement struc ture may be regarded as well estab lished." says Judge Lorton of the United States Circuit Court of Ap peals, in commenting on blthulithio streo pavement. ' lumber mens National Bank Capital $1,000,000 A Progressive Commercial Bank with a Savinjs Depart ment Under Government Supervision 4 Per Cent Interest on Savings THE UNITED STATES NATIONAL BANK PORTLAND. UNITED STATES DEPOSITORY Capital - - - $1,000,000.00 Surplus Profits $900,000.00 OFFICERS: J. C. AI.-VSWORTH. President. R. LEA BARXESt A. M. WRIGHT, Assistant Cashier. LETTERS OF CREDIT AND TRAVELERS CHECKS ISSUED NEGOTIABLE EVERYWHERE DRAFTS DRAWN on all FOREIGN COUNTRIES LADD k TILTON BANK Established 1859. Capital Surplus and Undivided Profits. Letters of credit, drafts and travelers' checks issued, avail able on all parts of the world. t Corner Washington First National Bank Capital $1,500,000 Surplus 750,000 Oldest National Bank West of the Rocky Mountains thla month of 15.908 tons: lake copper. 12.75fl'13.n0c: electrolytic, 12.50 12.76c, and casting. 12.-J50 12.50c. Tin unsettled; apot and Autut, 43.50 4T.00c; September. 42.12H 4-'.50c; Septem ber 42 12U. ft 42.50c: October. 41.25 42 00c. and " November. 41. 0041. 50c Lon don, apot. 191: future. 188. Lead eaaier. 4.454.60c. New Tork: 4.42W 4 55. East St. Louta. Sales. 50,000 pounds. East St. Louis. August delivery at 4.42ric. London. 14. , . Spelter Irregular. 8.036.15. New Tork. 5 T5c bid. East St. Louis. Sales, 50.000 pounds. East St. Louis. September delivery, at 6.950. London. 27 5s. , . Antimony quiet; Cooksona. 8.3088.50c. Iron. Cleveland warrants 47 47 d .Lo cally Iron was firm; No. 1 foundry North ern. $15.50J 16 00; No. 2. 11 S.'J.Vor 15.75; No. 1 Southern and No. 1 Southern aoft, J14.75 15.25. Hope, Etr.. at New York. NEW TORK. Aug. 18. Hops Finn. Hldea Steady. Wool Quiet, petroleum Ptewtr- THE BARBER ASPHALT PAVING COMPANY Conetructa Asphalt and other B''" Blcoua FtvemeaU u-60a Electrlsj bids?. Portland. Or. Oikar iiubei, Manager. TKAVELKttS' GUIDE. OPEN BITES TRANSPORT ATT OX CO. S.1K.J.IN.1LAL Freight received daily at Oak-st. dock for Tha Dalles. Hood River. White Salmon, Umatilla. Kennewlck. Pasco. Richland. Hanford. White Bluffs, and Intermediate points. FIRST-CLASS rASSESGER 8ERV1CJS. FARE SO CENTS TO HOOD RIVER, WHITE SALMON. THE DALLES. Steamer leaves Portland Sun.. Tun.. Thura.. A. M. Returning leaves The Dalles Mon- Wed.. FrL, T A. M-. arriving at Port land a&out 6 P. M. same day- W. 8. Buchanan. Supt.: W. S. Smallwood. oen L Mgr. Phone Main 2960. A So27. COOS BAY LINE STEA.MXR BREAKWATER. Sails from Ainsworth Dock. Portland, 9 A. il: Aug. 4. 9. 14. 19. 24. 29. Sept. 3. 8. 18. 18. 23. 28 and every S dajs. Freight re calved at Ainsworth Dock dally up to 5 P. M. Passenger fare, first-class. 10; second clasa. 7. including meals and berth. Ticket office Ainsworth Dock. Phones Main 3bX Main 170. A 1284. Steamer Anvil sails from Albers Dock No. S Monday. August 21. ' P. M.. for Tillamook, Bay Citv. Newport. Florence, Baniion and Coquille River points. Ticket office 128 Third st. Phone Main A 4598. Pork phone A 1902, Main 151. f reight and pasaengaia. WW Corner Fifth and Stark OREGON H. W. SCHMEER. Cashier. Vtce-Prealdent. W. A. HOLT, Assistant Cashier. $1,000,000.00 800,000.00 and Third Streets. TRAVELERS' GUIDE. Astoria Centennial Str. "Monarch" Daily AT 7 A. M. FARE $1.00 Music, Dancing; Cafeteria. No Liquors. DOCK FOOT WASHINGTON ST. Ask about "Olympic" Largest Finest Steamer in the World. American Atlantic Transport Red Star White Star White Star-Dominion T. H. LARKE 19 Second Are., Seattle, Wash. SAN FRANCISCO FORTI.AT STEAM SHIP CO. Fr,m Ainsworth Dock. Portland, 9 A. M. SS. Rose City Aug. 21. Beaver 26. Bear SI. From San Francisco, northbound. 12 JI. SS. Beaver Ang. 10. Bear S4. Rose City 29. From San Pedro, northbound, 12 M SS. Bear Ang. 22, Rose City 27. Beaver Sep. U II. A. Mosher. C. T. A.. 142 Third St. , j xr. Ramom, agent. Ainsworth Dock. Phones Main 402. Main 2rtj, A 14"2. San Francisco, Los Angeles and San Pedro Direct. .North Pacific 8. S. Co.-s 8. 8. Roanoke ann S. S. Elder sail every Wednesday a'ter naiely at fl P. M- Titckat office 132 Third st . near Alder. litARTIN i- HIGLET, Passenger Agent. W. E. SLCSiSER. Freight Agent. Phones M. 1314. A 1314. Willamette River Route Steamer Oregona for St. Paul and way land ings. Monday. Wednesday. Friday, 6:45 A. M. fcteamer Pomona for Oregon City dally. 8 A. it-. 2 P. M. ; Sunday A. M., 12 and 3 OREGON CITT TRANSPORTATION CO, Taylor-Street lock. Phone Main 40. NEW ZEALAND AND AUSTRALIA t"nlon Line of N. Z.) VIA TAHITI AND WEIXINGTOX. Direct through steamers, sailing from fan Francisco Aug. 23 and every 2a days. Well ington and back. 1st class. $284. Other rate a 'jo low. The line to Isles of the South Sea. For reservarions sea Coupon Railroad Agents, or address Oceanlq S. -6. Co., San -Francis co.