TOE MORNING OREGOyiAy, TUESDAY, SEPTEJIBER 127 1911- -1
- '
NO HOP SELLERS
Bids of 34 and 35 Cents Are
Turned Down.
MARKET IS AGAIN STRONG
Cables Report Firm Conditions In
Europe With the German! Try
ing to Buy Hops In
England.
There wu Inquiry en the market resterday
for new lop in large lota at 84 ana 8
cent, bat no sellers. No business of any
kind wu reported from the country.
In the latter part of last week a number
of email crop, aggregating 80.000 pounds,
were aecured at prices around 30 eenta, but
the purchase on Saturday by T. A. IJvesley
A Co, of 1000 balea at 85 eenta completely
put a atop to such low-priced selling ana
firmly established the market at the 38-cent
level.
The present strength seems to be due In
part to the belief by dealers that the ure
son crop will not com down as heavily as
waa expected earlier tn the season. By trie
close of this week a sufficient number of
yards will have been picked to enable a
(airly close estimate of the yield to be
made.
Hop contracts have been filed In Polk
County as follows: J. W. Myer to I". Rosen-
wald as Co.. entire crop at 85 cents per
pounds John Etmklns to same, 10.000 pounds.
B5 eenta: M- D. Bevens to T. Bosenwald A
Co., 10.000 pounds at 40 eenta.
Cables received yesterday were eneonrag-
lng to sellera One from Manger A Henley,
f London, was aa follows:
"O rowers holding back, expecting higher
prices. Market very strong. Large export
demand and prices steady.
A Knremburg cable Quoted the German
market firm and higher.
The market position, from an English
standpoint. Is stated By W. H- ft H. La
May, of London, in their annual circular,
as follows:
"With regard to the quantity, we do not
think It is possible to grow aa many aa we
did last year, but presuming that the total
crop ahould reach 100,000 cwt. It la barely
half our annual consumption, and the ques
tion that will exercise the minds of all
users of hops Is "Where la the other half
to come from V Germany haa suffered very
Intensely from the heat and drought, and
will have no hops for export; In fact, aha
la buying largely from other countries.
America, with Its greatly Increased con
sumption of beer, which now exceeds that
of any other country, will have very few
hops to spare for export. Of course, those
hops that have already been contracted
for will come irrespective of any home re
quirements, and these would be the only
hops, as far as we can aee at the mo
ment, that will be Imported into England.
This being the ease, the prospect for the
English grower Is better than he haa had
for many years, and prlcea are likely to be
such aa will, to some extent, recoup him
for the losses he made during the many
low priced years he haa had to contend
with."
M. Gntermann Sonne, of 8aax, Bohemia,
In their 42d annual report on the world'a
hop harvest, estimate the output aa fol
io wa:
1911. 1910. 190.
Austria-Hungary . 164.004 toi.000 167.000
Germany -196,000 1S&.000 .123,000
Belgium-Holland . 60.000 60.000 30.000
France 60,000 CS.000 60,000
Russia 46.000 (5.000 27.000
England .. 75.000 100.000 110.000
America (92.000 400.000 S10.000
Total 1.1SI.000 1.564,000 927.000
COnilBT WHEAT MARKETS STEAD V
Lea Activity by Exporters, bat Good Buy
ing by Millers.
The wheat market waa steady yesterday
with no change from Saturdays prlcea.
The export trade was somewhat easier
with buying for this account less active,
but purchasing by millers in the country
showed no abatement. Thla kept the coun
try markets In good position.
Oats were firm at the old price. There
were no new developmenta in the barley
market.
Local receipts In cars were reported by
the Merchanta Exchange aa follows:
Wheat Barley Flour Oats Hay
Monday 124 11 19 St 15
Tear ago 80 t I 9 17
Season to date. 1922 . S3 613 202 490
Year ago 1262 Ht 269 649
The weekly wheat statistics of the Mer
chanta Exohange follow:
American Visible Supply
Bushels. Increase.
Sept. 11, 1911 49.870.000 1,623.000
Sept. 12, 1010 28.296.000 1.848,000
Sept. 13, 1909 ...10.741.000 1.574.00O
Sept. 14. 190S ....20.S23.000 &015.0U0
Sept. 14,-1007 4S.860i000 1.647.000
Sept. 17. 1006 8l.198.0OO 1.029,000
Sept. 19, 1906 13,834,000 1.190,000
Sept. 19, 1P04 14.010.000 S95.000
bept. 14. 1903 14.074.OoO 624.000
fcept. IS. 1903 22.064.000 65.000
'Decrease,
Quantities on Passage
Week Week
Week
ending;
ending ending
Sept. 9 Sept. 3 Sept. lO.'lo
For Bushels Bushels Bushels
TJ. K. IS.814,000 19,608.000 18,720.000
Continent . .18.208.000 15.224.000 22.080.000
Totals ...83,024.000 85.032.000 40,800.000
World'a Shipments (flour included)
Week Week Week
ending ending ending
Sept. 9 Sept. 2 Sept. 10.' 10
From Bushels Bushels Bushels
U. S-, Can.. 632.000 S.073.000 1.611.000
Argentina . 1.2SS.000 7S9.000 1.032.000
Australia .. W6.0O0 $96,000 1.600,000
Dan. porta.. 8.930.000 3.264.000 6.698.000
Russia 1.810.000 1,602.000 5.800,000
India ...... 1.074.000 898.000 1.040.000
Totals ..
World'a
..11.T10.000 9.51O.00O 16.879.000
ahipmejnts, season to date:
Total since Same period
July 1, '11. last season.
Canada 26.795.000 18.777.000
12.281.000 12,260.000
9.624,000 6.700.000
Porta 13.363.000 Il.67S.000
20.67O.000 ' 99.636.000
18,622,000 12,680.000
II. S. and
Argentine
Australia
Danubtan
Russia ...
India ....
Total ..
.94,265,000 105,529.000
TRADE IX PEACHES STILL ACTIVE
Grapes and Cantaloupes Are Also Beady
Sellers.
Peach recelpta were large yesterday, but
the demand waa active and the market
held up In good shape. Peaches ranged in
price far good to fancy from 60 to 85
cents, with the average about 60 eenta
Liberal recelpta are expected all thla week.
The grape trade waa lively, buying be
ing centered on Tokays, of which two cars
arrived. They sold from 85 cents to (1.25.
Other kinds ranged in price from 75 cents
to II.
Cantaloupes, as usual, were plentiful and
vers steady sellers at 75 eenta to tl2f a
crate for good stock. Melons were slow
at 76 cents to 81.25 a hundred,
Two cars of lemon arrived. The Cali
fornia lemon market waa firm. A car of
Valencia orangea la due today. Two ears
of sweet potatoes are also due today.
Recelpta of potatoes from the country
were small, as tha ram has prevented dig
ging. Tha market, consequently, waa Una.
PORTLAND LOWEST MARKET OX COAST
Prices oa Eggs Are Seasonably Higher at
Other Points.
Egg markets everywhere seam to be ad
vancing, except la Portland, where for
some reason midsummer prices still prevail.
The top quotation on Front street la 27
eenta. In Seattle tha best ergs are Job
bing at , 38 eenta. and thla waa also the
quotation at San Francisco, where there
waa a 2 -cent advance on Petal um as yes
terday. Tha Chicago market on prime
firsts haa advanced 3 eenta In about a week,
standing yesterday at 19 cents. .
Poultry receipts were fair for Monday,
and with a steady demand prices were
maintained. Veal receipts were liberal
and sales dragged.
There were no new developments in tha
butter or cheese markets.
FIVE-CENT ADVANCE IX ST GAB PRICES
Granulated and Fruit and Berry Are Now
Quoted at 87.85.
Five cents more was added to the Jobb
ing price of sugar yesterday, making the
quotation on atandard granulated and fruit
and berry 17. J5.
The 10-cent advance announced lata Fri
day afternoon by tha Western Sugar Ke
nning Company waa not met at the time
by the California Hawaiian Sugar Ba
nning Company,' but the latter Institution
yesterday cams through with a 15-cent
rise. Th local jobbers on Saturday had
adjusted their prices to the Western Com
pany's list, so yesterday they followed the
California A Hawaiian advance. This made
the net advance in thels market 6 cents.
Opening Price on 1911 Flour.
Opening prlcea on 1911 patent flour were
announced, yesterday. The new price is
84.60 a barrel, a cut of 40 eenta as com
pared with thonrlce of old flour.
rtiAnrM In Provisions.
All sixes of hams were reduced one-half
cent yesterday. Exports were raised one
cent and lard prices were quoted one cent
higher.
Ranlr Clemrfaura,
Bank clearings of the Northwestern cities
yesterday were aa iouows.
r aaHnrL Balances.
Portland $2,008,667 8267.92T
fHont"" :::::::::: HSK?
Jookan. ................ 815.749 86.0SS
PORTLAND MARKETS.
Grain, Flour, Feed, Etc.
WHEAT Track prices: Bluestem,
87c: club, 8283c; red Russian, 8182o;
V.ll.- Aft.fnM. fi.lCT fllS. 2C.
r-T n'r-R Patents. 84.50 per, barrel;
straights. 83.86; exports. 92.80: Valley, 84.90
graham. 34.50; whole wheat, 84.70.
utt t BTTTPs-a RrM. 824.5025 per ton
middlings. 132; shorts. 25.50i26.00; rolled
barley. 333.50S4.5O.
CORN Whole. 333: cracked. 834 per ton.
-Jl . .. . . -l i , . 1 i n a "
rt AK llj i .NBW leeu, J A - '
brewing. 136.00 37.00 per ton.
OATS New white. 829 per ton.
HAT No. 1 E. O. timothy, flB01fl; No.
1 valley. $14; alfajfa. 812; clover. 88.50;
grain hay. 69311.
Dairy and Country Produce.
POULTRY Hens, 16017c: Springs, 169
lc; ducks, young. 15918c; geese, 110
llHlo; turkeys 1819c,
"rttttttr Oimn creamery butter, solid
pack, 81c; prints, extra.
aititis r reen irregon rmncn. -" w
27o per dozen.
..IIT-lI', rpl.. t.tnl.l. T. d nSlslea
15c per pound; young America. 16tte.
runs. rancy, iuavuo "r
VEAL Fancy. 18 18 ft per pound.
Vegetables and Fruits.
renptriT. TTRTTTTq Oranrea. 84.5039
4.75 per box; California grapefruit. $3.7604;
bananas. fi&Sto ner pound: pineapples, 8o
per pound; lemons. 35 & 5.60 per box.
FRESH FRUITS -Cantaloupes, 76c O $1.25
per crate; peaches, 6085o per box; water
melons. 75c $1.25 per hundred; plums, 750
per crate: prunes, 76o per box; pears, 40c$$l
per box; grapes. 75c $1.25 per box; apples,
$137 2.60 per box.
VEGETABLES Beans, 5 10c; cabbages.
1.50ff2 per hundredweight; corn. 2530o
dozen; cucumbers, $101.25 per sack; egg
plant 68c per lb.; garlic 1012e per
Dound: lettuce. 40ffl50c per dozen; hothouse
lettuce. $1.251.75 per box: peppers, 68o
per pound: radishes, 12V4o per dozen; toma
toes, 85 75c per box.
SACK VEGETABLES Carrots, $1.60 per
sack; turnips. $1; beets, $1.75.
.. POTATOES Oregon, le per . pound;
sweet potatoes, 2 Ho per pound.
ONIONS California, $1.50 per hunarea.
Provisions.
HAMS in to 12 nounda 19194e: 12 to
14 pounds, 18H618c; 14 to 16 pounds, 18
18Hc; 16 to 18 pounds. 1818-c; skinned.
19c; picnics. Utoc: cottage roil, mta
SMOKED MEATS Beef tongues. T5c;
dried beef sets, none; outside, none; Insldes,
23c; knuckles, 21c .
LARD Kettle rendered, tierces. 184c:
tubs. 14c; standard, tierces. 1244c; tubs.
12Hc: shortening, tierces, Blic: iuds, hc
BACON Fancy, 27c; standard, 250S
choice. 22c; English. 16&18C
DRY SALT CURED Regular short clears,
dry salt, 12Hc; smoked. 13ttc; backs, light,
salt. 18ttc: smoked. liVic; backs, heavy salt,
12tio: smoked, 14tto; exports, salt, 14ci
smoked, lSse.
SAX FBAXCISCO PRODUCE MARKET
Prices Quoted at the Bay City for Vege
tables. Fruits. Etc
SAW FRANCISCO. Sent. 11. The follow
ing produce prices were current here today:
Vegetables--Cucumbers. 2550c; garllo,
3 5c; green peas, $1.252; string beans,
lftSo: tomatoes. 15040c: - ectr Dlant. 600
70c
Jautter Fancy creamery, Z7c
Eegs Store. 30c: fancy ranch. 85o.
Cheese Young America, 1415o.
Fruit Apples, choice. 31.25: common.
60c; Mexican limes, $5.5u6; California
lemons, choice, $o.50; common, $1.60; pine
apples, $2 3.
Potatoes Salinas Burbanka. $1.6501.90:
sweets, $1.501.90l
MUtstults tran, $wf sv; mmaungs, B
34.
nay wneat, nxai wneat ana oats, $13
16; alfalfa, 89 12.
Onions 76 85c
HecelDts Flour. 3454 auarter sacks:
wheat. 14.253 centals; barley, 17266 centals;
oats, 3715 centals; potatoes, 13,690 sacks I
nay, z2id tons.
Coffe and Sugar.
NEW YORK, Sept. 11. Coffee futures
closed barely steady at a net decline of 8 to
13 pents. September, 12.83c; October,
11.97c: November. 11.82c: December. 11.67o:
January. 11.63c; February. 11.60c; March,
11.67a: April, .May, June, July and August.
11.58c
Spot coffee steady. Rio, No. 7. 18 e:
Santos, No. 4, 14 a. Mild coffee quiet. Cor
dova, 14 H 16c, nominal.
Raw sugar strong. Muscovado, 89 test,
625c; centrifugal, 96 test, 6.75c; molasses
sugar, 89 test, 6c Reflned strong. Cut loaf.
7.55c; crushed. 7.46c; mould A, 7.10c; cubes.
Tc; XXX powdered, 6.90c; powdered,
0.85c; granulated. 6.73c; Diamond A, 6.75c;
confectioners A. 6.60c; No. 1, 8.60c; No. 2,
8.65c: No. 3, 6.50c; No. 4. 8.45o; No. 6, 6.40c;
No. 6. 8.83c; No. 7, 8.80c; No. 8, 6.25c; No.
0. 6.20c: No. 10, 6.16c; No. 11. 6.10c; No. 12,
6.05c; No. IS and No. 14. 6c
. Naval Stores.
SAVANNAH, Gs Sept. 11. Turpentine
firm at 6061c Sales, 623 barrels; re
ceipts, 652 barrels; shipments, 1643 barrels;
stocks, 84.200 barrels.
Rosin linn. Sales 2700 lba; receipts, 2280
lba; shipments, 12.300 lba; stock, 87,900
lbs. Quote: B. $5.9o6: D, $S.308.85; E,
86.456.85.; F, G. $6.606.65; H. $8.55
16.65; J, $A52H6.65; K. 6,5536,60; M, $6.65
6.70; N. $6.75 914.80; WG, $7.10 7.15;
WW, $7.8097.85.
New York Cotton Market.
NEW YORK. Sept. 1L Cotton futuheo
closed very steady, 4 to 9 points lower.
Closing bids:
September, 11.06o; October, lL27e; No
vember, 11.32e; December, 11.45o; January,
II.S80; February, - lL42c; March, 11.50c;
April, 11.58o; May, 11.60c: June, 11.69c;
July, 1L60C .
Elgin Barter Market.
ELGIN. 111., Sept. 11. The quotation com
mittee of the Elgin Board of Trade today
reported butter firm at 26Vic but Thomas
Gallagher, of Chicago, objected. A vote of
the board failed to sustain the quotation
committee and then, upon motion, the price
waa fixed at 26 cents. Output, 827,700
pounds.
Sugar Advances In East.
NEW YORK. Sept. 1L All grades of re
fined sugar were advanced 5c a hundred
pounds today.
Hops at London.
LIVERPOOL, Sept. 1L Hops in London,
Pacific Coast, new crop. IS 10a 19.
Wool at St, Louis. '
ST. LOUIS, Sept. 11. Wool Firm. Ter
ritory and Western mediums. 1720ttc; fine
mediums, 1819c: fine, 11 15c.
Duluth Flax Market.
DULTJTH. Sept. 1L Flax on track, $2.40;
In store. $2.42: to arrive and September,
$2.40; October, $2.16 asked; November, $3.15;
December, $2.13 nominal.
Hops at New York.
NEW YORK. Sept. 1L Hops quiet.
RALLY IS SPIRITED
Stock Prices Rebound" After
Touching Low Records.
SMALL GAINS ARE SHOWN
London s Seller TVTille Prices Are on
tbe Decline Best Advances Late
In Day Are try Reading and
Southern Pacific.
NEW YORK. 8ept- 1L After opening on
a AnnaldArahlv hlrhar leveL StOOk tell to
tha lnwaat nnlnt of tha vear and than r0'
covered. Net changes were slight in most
cases and the final rally was so spintea mat
many of the active issues closed with small
rains, running- uo to a point in Reading
a nH SoiithArn Pacific
Opening gains, ranging from 1 to 8 points,
were due to the earlier rise of prices In
market. Traders took 'ad
vantage of the rise to sell stocks. The
selling had the appearance of being a re
newal of liquidation such as was the chief
depressing factor for several weegs.
London, following the advances here.
bought moderately at the opening, but as
the market broke, faced about and sold.
Than, also waa direct selling by Berlin,
chiefly of Atchison. Union Paclflo and
Canadian Pacific Total sales for foreign
account were estimated at mora than 30,
000 shares.
News included dispatches from tha west
Indicating brighter prospects for peace on
the Illinois Central. The pressure against
United States Steel was coincident with re
ports that operations at the corporation's
mills are now on a i"a"D 1.
anv time durlnr Ausrust.
The cut in dividends of Texas Oil from
10 to 1 per cent occasioned UP surprise in
speculative circles. The prevailing quota
tion for the stock long discounted the
change In rates.
Bonds were heavy. Total sales, par
value, $3,205,000. United dates bonds were
unchanged on ealL
CLOSING STOCK QUOTATIONS.
Closini
Sales. High. Low. Bid.
CChoapp.r " 18.766 -66 "15
Am Agrlcult .. 30O M 62 63
Am Beet Sugar. 8.9O0 64ft 6 64
American Can
S00 10 ii wji
1,400 47H 47 47
100 52 62 ,611
Am Car A Fdy.
Am Cotton Oil ..
Am Hd & Lt pt
Am Ice SecurlH
Am Linseed OIL
Am Locomotive,
400
34 H
104
27
115
134
94
2SV4
34
102
101
34
66tt
104
27
115
134
8SV4
27
33
101
101
120
94
28
72
219Va
Am Smel & Ref 22,700
do preferred..
30O
Am Steel Fdy..
Am Sugar Ref..
Am Tel A Tel..
Am Tobacco pf.
1110
400
1.200
500
4'X
1.400
Am woolen . . ..
Anaconda M .Co,
Atchison 14,900
do preferred.. 200
Atl Coast Line.. 500
Bait & Ohio ... 2. 700
BethUhem Steel TOO
Brook R Tran.. 8,500
Canadian Pac. . 23,800
Pantral Tather.
28
73 hi
221
do preferred.. 200 94.
Central of N J.
Ches & Ohio 6.400 70
94
'69"
139
110
'28' "
iio
21
46
'2
4&
ISO"
119
4
136
14
41
104
"'
i8
Chicago Alton
Chi (it West ... 400
do preferred.. 8o
Chicago & N W. 1.2O0
C. M & St Paul. 15.600
C. C, C & St L. ......
Col Fuel St Iron. 200
Col & Southern.
Consol Gas 1,800
Corn Products .. 400
Del A Hudson.. 500
D A R Grande. . BOO
do preferred. . TOO
Distillers' Secur
17
36
140
112
132
22?1
224
46
'2(5
49
150
46
186
T4
42
105
Erie
6,500
600
'"'766
R0O
FiX.
8X)
600
SOO
1.000
"166
do 1st pr ....
do 2d pf
39
150
121
45
136
14
42
104
14
9
81 .
!
27
64
102
140
40
128
2!)
04
36
125
49
28
102
88
101
67
118
28
120
103
91
29
80
139
24
90
24
47
89
29
68
86
101
25
6
82
23
17
' 89
162
89
6.1
86
68
114
42
51
13
2T
83
64
General Elec ..
Gt North pf . . .
Gt North Ore . .
Illinois Central.'
Interbor Met . .
do preferred..
Inter Harvester.
Inter Marine pf
int Paper 100 9
Int rump
Iowa Central .. 400 19
K C Southern
do preferred.
Laclede Gaa . . .
4nO
1,500
'"i66
600
't'.SOO
200
1.000
800
6,400
90O
103
140
10s
139
Louis A Nash..
Minn & St L . .
M. S P A S 8 M
Mo, Kan A Tex.
do preferred. .
128
39
'S6
126
4S
29
102
89
102
67
114
28
120
104
'is"
128
28
Mo Paclnc
3.";
125
National Biscuit
National Lead ..
43
Mex N By a pr..
N Y Central . . .
N Y. Ont A Wee
Norfolk A West
29
101
88
100
67
112
28
119
103
'ia' '
136'
24
, 90
23
46
89
700
100
North American.
Northern Paclflo 19,3'H)
Paclflo Mall .... SOO
Pennsylvania ... 18,800
reopie s uai . . ow
P.C C A St L
Pittsburg Coal .. 100
t-ressea s jar
Ry Steel Spring
Reading 131,600
Republic Steel 100
do preferred. . 200
Rock Island Co 8.000
131)
24
90
24
47
40
do Preferred. . 800
8t L A 8 F 2 Pf 400
Ht L eoutnwest
do prererrea.. ......
Sloss Sheffield 100
87
107
26
60
83
23
17
40
164
90
87
Southern Pao .. 16,200
6outhorn Ry ... 8,900
do preferred. . 500
Tenn Copper ... 200
109V
25".
651
82
23
17
40
160
00
rexas ec r"c .. iv
Tol. St L A Wes 6O0
do preferred., 30O
Union Pacific ..161,400
do preferred.. - 800
TJ S Realty ... ,
TJ 8 Rubber ... 800
u s Eteel 100.100
do preferred.. 2.500
TJtah Copper . .
Va-Caro Chem ..
wabash
do preferred. .
Western Md . . .'
Westlnr Elec . .
Western Union .
74
Wheel ALE..
2
Lehlrh Valley
26.600 155 151 153
Total sales ror tne cay,
702. ow snares.
BONDS.
NEW YORK. Sept. 11. Closing quota'
lions:
TJ s ref 2s reg..l00
do coupon ...100
TJ 8s reg 101
do coupon ...101
TJ S new 4s reg.118
An counon . . .113
N Y C rn 8sl 87 AB
No Paclflo 8s... 69
No Paclflo 4s... 99
Union Paolflo 4s.l0O
Wis Central 4s. 98
Japanese 4s STB
D A R G 4s. . 90B
Stocks at Boston.
BOSTON, Sept 11. Closing quotations:
Alloues
23 I Mohawk 89
Amalg Copper.
A Z L 6m..
58 Nevada Con .... 17
22 Nlplsslng Mines.
23 5
Arlsona Com . . 45
North Butte....
North Lake....
Old Dominion..
B at C C A B M.
4
Butte Coalition
Cal as Arlsona.
14
86
48
Osceola
Parrott (SAC).
BO
9
Cal & Heola....410
Centennial 8
Cop Ran Con Co 50
E Butte Cop M. 10
Franklin 6
wuincy .
Shannon
Superior
6.1
8
23
Sun A Bos Mln..
2U.
Glroux Con ....
Granby Con . . .
Greene Cananea.
I Royalle (Cop).
Kerr Lake
Lake Copper. . . .
La Salle Copper.
Miami Copper...
4 Tamarack
23
S2
46
27 U S S R & M.
o I do nrererred
12 Ctah Con
11
Utah Copcer Co. 42V
28 Winona 4
3 wolverlna 97
17
Money, Exchange, Etc.
NEW YORK, Sept. 1L Money on call
steady. 2 6 2; ruling rate, 3; closing
bid. 2c; offered at .
Time loans steady; 60 days, 88o; 90
days. 83o; six months. 8 4c.
Prime mercantile paper, 4 per cent."
Sterling exchange steady with actual busi
ness In bankers' bills at $4.8325 for 60-day
bills, and at $4.3610 tor demand. Commercial
bills. $4.82.
Bar silver, 530. -
Mexican dollars, 45a.
Government bonds steady; railroad bonds
heavy. . (
LONDON. Sept. 11. Bar silver Steady,
24 Hd per ounce.
Money llperoent.
The rate of discount in tha open market
for short bills is S per cents for three months'
bills, 8 per cent.
SAN FRANCISCO. Sept. 11. Sterling on
London 60 days, $4.83; sterling on London,
sight, $4.86.
Drafts Sight, 02; telegraph, 05.
CHICAGO, Sept. 11. Exchange on New
York, 15c premium-
Metal Markets.
NEW YORK. Sept, 1L Standard capper
86 86
68 66
115 114
4.600 42 41
1,600 62 51
800 13 13
900 27 26
800 63 62
l.&nO 64 63
600 74 74
I weak. Spot. September, October and No
I verober, 11.95 12.10c London quiet. Spot,
55 13s, 9d; futures. fo6 7a 6Q. Laae cop
per. 12.62tt12-73c: electrolytic 12.S7ii
12.62 Vic; casting. 112 12. 37 He
Tin weak. Spot 4O.6C41.60c: Septem
ber, 40.874 41c: Ootober. 40.2540.76o;
November, 4040.SOc; London, firm. Spot,
184 15s; futuhes, 182.
Lead dull at 4.45 4.50c New York and
.8S.45o East St. Louis. London, 14 8s 9d.
Spelter dull at 5. 900 60 New York and
6.80 6.90c East St Louis. London, 27 15s.
Antimony dull. Cookson's, 8.SO6 8.60c
Iron Cleveland warrants, 46s 6d In Lon
don. Locally iron wa unsettled. No. 1 foun
dry Northern, $16.2& 16.75; No. 2, $16.25
18.60; No. 1 Southern and No. 1. Southern
soft, $14 15.50. .
Condition of the Treasury.
WASHINGTON, Sept lL At the beginr
nolg of business today the condition of the
United States Treasury waa:
Working bajance in Treasury of
fices $ 85.869,478
In banks and Philippine treasury 80,835,725
Total of the general fund 142,208,416
Recelpta Saturday 3,162.277
Disbursements -. 8.669,830
The deficit to date this fiscal year is $20,
903,078, as against a deficit of $11,682,783
at thla time last year. These figures exclude
Panama anal and publio debt transactions.
YARDS ARE WELL FILLED
NEARI1T 6500 HEAD OF STOCK
ARE RECEIVED.
Market. In Good Condition Steers
Sell Up to $5.65 and Best
Cows Bring $4.65.
The opening of the week found the live
stock supply at the stockyards the largest
that has been seen in a long time. The
total arrivals since the close of business
Saturday were nearly 6500 head. The bulk
of these e were sheep. Trading was on a
fairly active scale.
Steers sold from $4.50 to $5.75 with the
bulk of sales at $5.50. Five loads of cows
sold at $4.60 and two loads at $4.65.
Sheep were firm as shown by the .sale of
choice wethers at $3.60, though most of
the lots went at $3.25 and $3.45. Ewes
ranged from $2.80 to $3, and Iambs brought
$4.35 and $5.
Not much was done In the hog market.
One small load sold at $8.40.
Receipts Sunday and Monday were 694
cattle, 6683 sheep, 45 hogs and 20 horses
aad mules.
Shippers were: Bailey & Co.. Brogan, 8
cars of sheep; Thompson A Co., Baker, 4
cars of cattle; C. F. Walker, Baker, 7 cars
of cattle; J. L. Burke. McKay, Idaho, 4 cars
of cattle; James Mace, Enterprise, 8 cars
of sheep; L D. Bodine, La Grande, 2 cars
of sheep; Stanfield Bros., Hllgard, 2 oars of
sheep; McKlnnon A Chandler, Enterprise,
T cars of eattle; A. J. Walker. Elgin, 8 cars
of sheep; J. H. Cherry, Enterprise, 1 oar of
horses; F. B. Barker, Lindsay, 3 cars of
sheep; Mr. Strong, Moro, 1 car of cattle,
sheep -and hogs; D. Wesson, Harrlsburg, 1
car of cattle; C. C. Miller. Lyle, 1 car of
sheep, and Stroud Bros,, Opal City, 2 cars
of cattle.
The day's sales were as follows:
Weight Price.
18 steers 1135 $5.40
IS cow 982 4.60
15 cows 104 8 4.60
14 steer 1150 6.50
1 steer 1430 6.50
2 steers 1570 6.00
18 steers 16S8 6.75
2 hoes 210 6.50
544 wethers, yearling 73 3.2o
264 ewes 91 2.80
263 wethers 94 3.45
67 steers i
2 steers lou e.ou
12 steers 1140 5.50
8 steers 1133 5.2j
21 steers H J &0
2 cows 10-"' . 3.50
82 cow 1020 4.60
18 cows 1001 4.60
25 cows 1050 4.60
24 cows 1043 4.65
1 cow 1160 4.75
R rows . 848 4.65
B heifers 692 5.00
1 calf 180 7.50
A U8 8.00
1 wether 100 3.50
91 wethara 80 .1.00
82 lambs 8 B.00
86 lambs 68 4.85
45 hogs 190 8.40
1 hog 670 7.00
Prices currant at the Portland Union
Stockyards tor the various classes of stock
were:
Choice steers $5.65 $5.75
Choice steers $5. 65 $5.80
Good to choice steers e.sa o.ov
Good to choice cows 4.26 Of 4.50
Good, average 1050 pounds.... 4.00 4.25
Choice heifers 4.75 6.00
Choice bulls V S.50W 3.75
Choice calves, 200 lba and under 7.75 8.00
Onod to choice calves 7.25 7.50
Choice heavy calves 6.75 6.50
Choice stags 4.50 4.7S
Good to cnoice stags s.db s.ov
TToa-a
Extra choice lipht hogs 8.6 8.60
Choice heavy nogs
Heavy rough hogs $.25 .6.50
Sheen
Choice Spring lambs 155
Choice yearlings wethers 8.25 8.50
Choice two and threes 8.0O 3.15
Choice mountain lambs 4.50 4.75
Choice Valley lambs 4.00 4.15
Choice killing ewes 2.85 8.00
Tne lollowing quotations represent price
on thla market for the different classes of
horses: Drafters, extra heavy, $300.4)500;
drafters, 1400 to 1700 lbs., $160850; draft
ers, 1300 to 1400 ids.. iiouzav; cuunas,
$S0150; saddle horses, $60 and up.
Chicago Livestock Market.
' CHICAGO, Sept.' Cattle Receipts, 28,-
O0O; market, ateaay. xieoves, eoio.v;
aa steers, $4.4006.40; Western steers, $47;
stockers and feeders, $3 6.50; cows and
heifers, $2-258.80; calves, $8.259.
Hogs Receipts, estimated. 23,000; market,
strong. 6o higher. Light, $7 7.75: mixed,
$0-957.60; heavy. $d.87.60; rough, $8.80
07; good to choice heavy, $77.50; pigs,
$4.7537; bulk of sales, $d.957.35.
Sheep Receipts, estimated, 40,000; mar
ket, steady to 10c lower. Native. $2.25 4;
Western. $2.504: yearlings. $3.904.70;
lamos, native, $8.755.75; Western, $4.25
6.75.
GRAPES IN HEAVY SUPPLY
PRICES SHARPLY CUT IX SEAT
TLE MARKET.
Peaches Also Pentllul and Weak.
Potatoes Scarce and Full
Prices Asked.
SEATTLE, Wash., Sept. 1L (Special)
Wheat was weak here today, but could not
bo obtained any lewer than on Saturday.
Tbe supply of grapes was so heavy that
the prices were cut. Malagas and Tokays
were offered aa low as $1, with $L10 the
maximum. Peaches were in heavy supply
and no higher. Sixty cents was the out
side quotation. Cantaloupes were still a
drug on the market at 75 eenta
Wet weather on both sides of the moun
tains has hampered potato shipping and
consequently cut down the supply here. Full
prices were charged for all good stock.
Tomatoes were firm at 75 cents and up.
Plums and" prunes were slightly firmer at
76 to 85 cents for the best
Most Jobbers asked 16 cents for eggs, but
will very likely ask 17 cents In the morning.
Receipts of small hens continue heavy and
the demand comparatively light Springs
were in large supply and quoted a cent
Jower in the country. Butter was steady
and unchanged. Tbe cheese market is dulL
Little speculative buying has been done so
far this season.
' '
Dried Fruit at New York.
NEW YORK Sept. 1L Evaporated apples,
89c
Prunes steadier. Quotations range from
916o for California up to 30-4OS and
nominal for Oregons.
Peachea quiet, barely steady. Choice, 11
llc; extra choice. 1212o; fancy, 12 c
Chicago Produce Market. .
CHICAGO, Sept. 1L Butter Firm:
creameries, 2126c; dairies. IS 24c
Eggs Firm; receipts, 5799 cases; at
mark, cases included, 1417c; firsts, 18c;
prime firsts, 19 c
Chaese Steady; daisies, 1818c; twins,
1212c; Young Amerlcas 1318oi
long horns. 1S13C-
MlnneapoUs Wheat Market.
MINNEAPOLIS, Sept. 1L Wheat Sep
tember. $1.01; December. $1.03; May.
$1.07 01.07 ; No. 1 hard. $1.04; No. i
Northern. $1.03LO4; No. 2 Northern.
9Soe$L02; No. wheat. 92c$1.01.
WHEAT FULL SHARP
German Crop Said to Be Same
as Last Year.
CHICAGO MARKET WEAKENS
Last Prices Show Losses ol Over a
Cent Hedging Sales In the
Northwest Add to the "
- Depression. N
CHICAGO, Sept 11. Official announce
ment that although the potato crop In Ger
many is badly abort, the promised yield of
grain is about the same as last year, had a
weakening effect today on the price of wheat.
Closing figures were lo to 110 lower
than Saturday night. All other leading
staples, too, showed a net decline corn o
to o except for September; oats, c to
c and provisions lOo to 60c
Weakness at Berlin found a prompt re
sponse In Chicago. In the absence of a
more definite reason, a drop in the quo
tations cabled from the German capital
were first attributed to big world ship
ments with a surprisingly heavy total
credited to the Danube. Liverpool stocks
were also said to be accumulating in a
rapid manner. Besides the foreign news as
a depressing Influence were the hedging
sales In the American Northwest, partic
ularly as a change to bright favorable
weather pointed to a decided increase in
the movement of Spring wheat December,
after ranging from 98o to 97o closed,
but lo to lo down at 8cSc.
Corn made a more bullish display than
any other cereal, owing to a light export
business. September finished with a net
gain of c Other positions suffered
from weakness of wheat and closed weak
with December o oft at 6464c after
fluctuating from 4o to 840. Cash grades
were firm. No. 1 yellow waa quoted at
677e.
Trade in oats received a cheek on the
buying side because of fear of reciprocity.
High and low levels reached by December
were 4a and 45o. Tbe close, 45o,
represented a net decline of c
Heavy selling on the part of packers
broke the market for hog products. . In
the end, pork was 30c to 50o down and
other provisions off 12 o to 15o.
The leading futures ranged as follows:
WHEAT.
Open. High. Low. Close.
Sept $ .93 $ .93 $ .81 $ .93
Deo. .97 .97 .86 .$6
May 1.03 1.03 1.02 L02
CORN.
Sept 6 .67 . .
Dec 643 .64 .64
May 66 .66 .66 .66
OATS.
Sept 4 .43 .43. .43
Dec 46 .46 .46 .46
May 49 .49 .48 .48
MESS PORK.
Sept 15.45 15.45 15.20 18.20
Jan. 16.32 16.32 16.00 16.02
LARD.
Jan 9.45 .45 9-J7H -Mtt
Sept 9.62 8.52 9.37 S.37
Oct. 9.60 8.60 9.40 9.42
Dec 9.47 9.47 .80 9.30
- SHORT RIBS.
Sept 8.97 8 97 8.88 8.8JH
Oct. 9.05 9.05 8.85 8.87
Jan... 8.50 8.50 8.83 8.87.
Cash quotations were aa follows:
Flour Firm.
Rye No. J, 86c
Barley Feed or mixing, 65 085c; fair to
choice malting, tl.10.ffl.20.
Timothy seed $12.50 14.60.
Clover $18 19.
Pork Mess, per barrel, $15.50 015.(3.
Lard Per 100 pounds. $9.87.
Short ribs Sides (loose), $8.87 08.17.
aides Short, clear (boxed), $9 09.26.
Grain statistics:
Total clearances' of wheat and flour were
equal to 83S.00O bushels. Primary receipts
were 1,514,000 bushels, compared with 1,
891,000 bushels the corresponding day a
year ago. The visible supply of wheat in
the United States Increased 1,623,000 bush
els for the week. Tbe amount of bread
stuffs on ocean passage decreased 8.008,000
bushels. Estimated receipts for tomorrow:
Wheat, 167 ears: corn, 690 cars; oats, 839
cars; hogs, 14,000 head.
Receipts. Shipments.
Flour, barrels 17,900 81.800
Wheat, bushels 144,000 89,000
Corn, bushels 571,200 822,800
Oats, bushels 860,000 158,200
Rye, bushels 16.000 6,000
Barley, bushels 148,500 81,300
Visible Supply of Grain.
NEW YORK, Sept. 1L The visible supply
of grain In the United States Saturday,
September 9, as eomplled by the New York
Produce Exchange, waa as follows:
Bushels. Increase.
Corn 6.874,000 10,000
Oats .' 23,648,000 860,000
Rye 262,000 62,000
Barley 1,967.000 611,000
Visible supply of wheat in Canada last
Saturday was 21,864,000 bushels, a decrease
of 439,000 bushels.
"Decrease.
Grain at Saa Frandsoa,
SAN FRANCISCO, Sept. 11. Wheat.
Steady.
Barley Firm.
Spot quotations: Wheat Shipping, $1.42
01.46 per cental. Barleys Feed. $1.67
1.60 per cental; brewing, $1.62 01.67.
Oats Red, $1.6301.70 per cental; white,
$1.67; black, $1.70L75.
Call board sales: Wheat No trading.
Barley December, $1.64 per cental; May,
$L71. N
Enropesui Grain Markets.
LONDON, Sept. 1L Cargoes steady but
inactive. Walla Walla for shipment 8d lower
at 87s.
- English country markets, 6d dearer;
French country markets, steady.
LIVERPOOL, Sept. 11. Wheat. October,
7s 4d; December, 7s.6d; March, 7s 6 d.
Weather, oloudy.
Paget gound Grain Markets.
TACOMA, Sept. 11. Wheat Bluestem, 86
87c club, 64c; fortyfold, 84c; red Rus
sian, 82c Car receipts, wheat, 89 cars, corn
8 cars, oata 1 car; hay 7 cars,
SEATTLE, Sept. 1L Wheat Bluestem.
86o; fortyfold. &2c; club, 61o; Fife, 81c;
red russlan, 79c; oats, $29 per ton; barley,
$30 per ton; bags, $6.30. Car receipts up to
noon, wheat 94; flour, 6; oata, 11; hay, 6;
barley, 1.
"The Bitulith
io pavement in
this city has
In use
five years
E5
been used now for five years.
The pavement is giving ex
cellent satisfaction, has re
quired no repairs, and we
have it on five streets."
George N. Fernald, Commis
sioner of Pnblio "Works, Port
land, Me.
THE BARBER ASPHALT
PAVING COMPANY
Constructs Asphalt and other Bltm-.
Diuous Pavements. 406-608 xOieotna
kins, Portland. Or. Oskar iu,tat.
Manager.
II, 1
UNITED STATES DEPOSITORY
THE BANK OF CALIFORNIA
NATIONAL ASSOCIATION
OF SATT FRAXC1SCO
FOUNDED 1864.
Capital Paid In....
Surplus and Undivided
BRANCHES
Portland, Seattle, Tacoma and .Virginia City
W6 buy and sell Foreign Exchange: issue Drafta
and Cable Transfers, Commercial Credits and
Travelers' Letters of Credit, available In all
parta of the world; make collections on all points
and conduct a general foreign and domestic
banking business.
INTEREST PAID ON TTMEJ AXD SAVINGS DEPOSITS.
PORTLAND OFFICE
Northwest Corner Third and Stark Streets.
CHAMBER OP COMMERCE BUILDING.
WM. A. MAO RAE, Manager. J. T. BTJRTCHAELL, Asst. MaaagelW
Established 1886
Merchants National Bank
Second and Washington Streets
Portland, Oregon
Capital and Surplus $600,000.00
DEPOSITARY FOE THE
DEPOSITARY FOR THE
DEPOSITARY FOR THE
DEPOSITARY FOR THE
Accounts of corporations, firms and individuals invited. 3
Four per cent interest paid on time deposits.
LADD & TILTON BANK
Established 1859. ,
Capital ..... . $1,000,000.00
Surplus and Undivided Profit 800,000.00
Letters of credit, drafts and travelers' checks issued, avail
able on all parts of tha world.. ,
Corner Washington
First National Bank
Capital $1,500,000
Surplus 750,000
Oldest National Bank West of tho
Rocky Mountains
rnnnti-. . t.i.. t .
.u.lJ.UV.lUn i . AH l-O T. . M,
Charlotte Islands and local points.
GRAND TRUNK PACIFIC RAILWAY
(MoxufTAnr DmsiON) ' .
Trains leave Prince Rupert every Wednesday and Saturday at 1:00 P, M.
for Copper River, B. C. (100 miles) and returning: arrlvea Prlnoe Rupert 5:S0
P. M. every Thursday and Sunday. .
Through Ucketa and baggage checked from Seattle, Victoria or Vancouver.
GRAND TRUNK RAILWAY SYSTEM
(Doable Track Route)
Four Through Trains Daily No Excess Fare
To all points East: Standard and Tourist sleepers, dlnlne-cara eervln meads
a-la-carte and club breakfast.
Low SO and 60-day round-trip Tourist Tickets. Send for free booklet giving
routes and rates.
J. H. BURGIS. General Agent. Passenger Dept. .
First Ave. and Tesler Way. Seattle, Wash.
OFXX KIYKU XBANSPORTATION CO.
Freight received
dally at Oak-st. dock
for Tbe Dallas.
Eood River. White
Salmon. Umatilla.
Kennewlck, Pasco.
Blehland. HanXord,
Whits Bluffs, and
Int.rmadlata nolQIa,
riBST-CLASS PASSEMOEB Bbttnva
FARE SO CENTS
TO HOOD KIVER. WHITB SALMON. IM
DALLES.
eteamer leaves Portland Bub.. Tuee.,
Tbura.. 7 A. M. Returning leaves The Dalles
Hon- Wed.. Frl., I A. M.. arriving at Port
land about 6 P. M. sams day. W. a.
Buohanan, Bupt.; W. S. Smallwood. Oao t
Mgr. Pnons Main 8960 A 8627.
Steamer Anvil
sails from Alberg Dock No. S, Thursday,
September 14, 7 P. M., for Tillamook,
Bay City, Newport, Florence, Bauuon
and Coquille River points. Ticket office
128 Third Bt. Phone Main 628, A 4598.
Dock phone A 1902, Main 151. Freight
and passengers.
COOS BAY LINE
BTKAMEB BREAKWATER.
Calls from Alnsworta Dock, Portland,
A. M.. Aug. 4. 8. 14,' 19, 24, 29. 8epl S, A
18. 18. 23, 28 and every t days. Freight re
ceived at Alnsworth Dock dally up to 8 P.
M. Passenger fare, first-class, (10; seoond
class. (7. inoludlng meals and berth. Ticket
office Alnswortn Dock. Phones Mala 268,
Main 170. a 1284.
NEW ZEALAND AND AUTSRAUA
(Union Line of N. Z.)
VIA TAHITI AND WELLINGTON. (
Direct through steamers, sailing from Saa
Francisco 6ept- 20 and every 28 days. Well
ington and back, 1st class, 264- Other rates
also low. Tbe line to Isles of the South Seas.
For reservations see Coupon Railroad Agents,
or address Oceanic 8. 8. Co., Saa Frauciico,
WW
$8,500,000
Profits.
..$7,805,769
x'.e .::.:
UNITED STATES.
STATE OF OREGON.
COUNTY OF MULTNOMAH.
CITY OF PORTLAND.
andVThird Streets.
North Coast Tourist Route "Norway of America"
STEAMSHIPS
"PRINCE RUPERT" AND "PRINCE GEORGE"
Leave Seattle, Wash,
Wednesday and Sunday at 12:00 o'clock Midnight for
Victoria, Vancouver, Prince Rupert, Stewart.
a e pnTwrm ATRTTRT " fun OnMn
Ask about I
"niirmtii." f
American
. Atlantic Transport
Largest
Finest
Steamer
in the .
World.
I Red Star
White Star
White Star-Dominion
T. H. LARKE
618 Second Ave, Seattle. Wash.
San Francisco, Los Angelea
and San Pedro Direct.
North Paclflo 8. 8. Co,'s s. 8. Roanoka
and S. 8. Elder sail every Wednesday alter,
nately at 6 P. M. Tltokat office 18 Third
St.. near Alder.
MARTIN J. rTIGLEY. Passenger Ageat,
W. E. EiLlifcAER. Freight Agent.
Phones M. 1814. A 1814.
THE BIG 3
BEAR BEAVER ROSE CITY
EXPRESS STEAMERS FOB
San Francisco and Los Angeles i
WITHOUT CHANGE.
S. S. Beaver Sails B A. M. September IfS
SAN FRANCISCO A PORTLAND 68. CO
Ticket Office, 148 Third St.
Phone Main 402 and A 1402.
Willamette River Route
Str. Oregona for Oregon City, Butte
vllle, St. Paul dally, except Saturda
7 P. M.. Leave St. Paul dally 7 A. M,
Taylor-itreet dock. Phone Mala 40.