Morning Oregonian. (Portland, Or.) 1861-1937, September 14, 1911, Image 21

Historic Oregon Newspapers

Morning Oregonian., September 14, 1911, Page 21, Image 21

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

About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Sept. 14, 1911)

Prev Page of 22 Next Prev Issue Next Text PDF JP2 (4.4 MB) Clip/Print Image

Return to Top

Prev Page of 22 Next Prev Issue Next

Newspaper Page Text' THE MORyiXG OREGONIAX, -"sniY, 14, 191T. FARMERS HOLD BACK Wheat !s Not Freely Offered In Northwest. MILLING DEMAND IS GOOD Export Demand Is Light, but Prices Are Kept on a Steady Basis. Oats and Barley Are Firm. Thar wu a very alow demand In the xpert market for wheat yesterday, tout there wu ateady baying by mlllere and alio soma purchasing for shipment to California. Fanners were moderate sellers In- some sec tions, bat elsewhere they were disposed to hold back. The result was a steady and unchanged market. Bids for club wheat ranged from 12 to IS cents, and for blue stem 88 and IT cents was offered. Barley was flrmly held In all quarters. It Is a dealers' market In barley now. as practically all the supply Is out of first hands. The demand from the East con tin nee active. The strong position of the market Is demonstrated by the Govern ment's estimate of this year's crop, which compares with the yields In former years as follows: Acres. Bushels. I'll (estimated) 7.038.000 142.871.000 110 7.057.000 162.227.000 1909 7.011.000 I70.2S4.000 10 8.4.000 l6.7S6.O00 107 rr. 6.44S.000 16S.317.000 10 :.32a.7i7 178.816.164 1905 B.095.:.:3 136.6ol.00 194 B.145.878 J.J"-J lSflt . 4.993.137 131,861.391 ;,0 4.661.063 134.954.023 ij 4.25.74 109.932.s24 Oats were firm, with 2 the general quo tation here. The demand for oats is active In view of the scarcity of barley, and hold ers In the valley ar not pressing sales. In Eastern Washington farmers- Ideas are high. Local receipts In cars were reported by the merchants: Wheat Barley Flour Oats Hay Monday 234 11 1 15 Tuesday 67 B S I Wednesday ... 122 i I " Tear ago 63 11 2 14 Mason to date. 1501 0 632 213 610 Tear ago 1381 83 641 26 561 ADVANCE IN SUGAR PRICES 19 HALTED. European Available Supply Increased by Russian Selling. The upward march of sugar prices has been brought to a stop temporarily, as two days have now elapsed without any ad vance being noted. The Eastern markets on raw and refined were steady yesterday. Russian advices to Wlllett A Gray, of New York, comment on the European beef sit uation as follows: It Is Interesting to observe that on the KlenT market rumors are circulating that In view of the unsatisfactory condition of the beet crops In Western Europe and the ex pected demand to supply the requirements of Western European markets the Brussels commutes will authorize Russia to Increase Its limit' of exports to the convention mar kets by the 14.000.000 (225.000 tons) poods of sugar which It was unable to Oil up during the period since the convention was In force, including Russia, namely, since September 1 to 14, 1901. up to the present moment. These rumors. It appears, ob tained considerable strength for a time, and although they appear to be without founda tion they certainly had their Influence on convention certificates, which, however. did not last long." HOP VIEI.r) HALF OF LAST YEAR'S lards In McMlnnvllle Section Are Coming Down Light. M'MIXNVim:. Or., Sept. 12. (Special.) A yield of hops far below the normal Is revealed in the yards In the vicinity of McMlnnvllle. where the season's picking has been completed, as well as In the yards a-here the harvest Is still in progress. Eight cards complete show a shortage of about one-half from the yield In 1910. The Odell. or Talbott yard, produced 11. (00 pounds in 1910 and S0OO pounds In 1911. The Woods A Catee yard had 8000 pounds In 1910 snd 1500 In 1911. The Shumate lard bad 13,000 pounds In 1910 and 7999 In 1911. The Agee yard had 14,000 pounds In 1910 and 2500 in Itll. The Max Steward rard was estimated at T500 pounds before picking, but the yield was only 8500 this vear. The J. H. Cook yard had 16.000 pounds In 1910 and 4000 In 1911. The Dan iels Hop Company had In the Bridewell vard 43.000 pounds tn 1910 and 30.000 pounds In 1911. R. Jaeobson's yard pro duced ten kilns of about 7600 pounds each of green bops, whloh Is about two-thirds of Isst year's crop. Other yards throughout the county are estimated to be about half through pick ing, and In another week the hop harvest will be complete. As yet no damage to the crop haa been reported, but the con tinued drizzling rains are spurring the growers on toward getting their crops off the vines. OREGON HOPS INACTIVE BUT FIRM IxmdrHl Market Is Firm and Prices Are Shade Higher. ' The local hop market was firm yester day, but Inactive. . The following cable was received from Ironmonger, of London: "Market firm and prices shade higher. ' Holders firm In their views and not disposed to sell even at the advance. Foreign buy ers In the market. Harvest completed." Interest here centered principally tn the harvest returns from different parts of the valley. Advices from the Dallas section were of yields lighter than expected and In several Instances smaller than last year. One of the largeat local growers estimated "the crop of the state at 70,000 to 75,000 bales. In some sections the growers were having trouble with pickers and many of the har vest hands have already left the yards be cause of bad weather. Enough remain, however, to pick the crop, , so it Is very Improbable that any hops will be lost. PEACH RECEIPTS LIGHT BUT AMPLE7 Grapes Are Selling In a Satisfactory Way. Bananas Doe Today. The fruit market was quiet again yes terday. Receipts were light, however. In most lines, and prices were maintained without much difficulty. Arrivals of peaches were smaller than for a good many days past, but the supply was adequate. Grapes have sold fairly well all week, as prices are on a reasonable basis. Other (rults were dulL Six cars of bananas are due today. DECIDUOUS FRCIT IN THE EAST Sales of Northwestern Products at New York and Chicago. Prices of Northwestern pears, prunes and apples in Eastern markets are reported by the Northwestern Fruit Exchange as fol lows: New York, Sept. 8. 37 cars California deciduous; 3 cars Oregon Barletts; 7 cars Washington Bartietts; 2 cars Italian prunes. Oregon Bartietts averaged 31.68; Wash lngtons. $1-28: Italians. 6x5. 11. 15 & 1.20; 5xtf. $1.15; 6x6. 95c o1.05. PFE 365. from Granger. Wash., fancy Bartietts. 5c$L40; extra fancy Bartietts, S1.201.30; King ap ples. J1.80; Italians. 90c PFE 7708, Yak ima Valley Fruitgrowers' Association, by Florida Citrus Ex. agents, Bartietts, IL26S 1.60; Hungarians, 95ctt$1.25. PFE 6930, fancy Hood River Bartietts, by Steinhardt A Kelly. $1.25 to $1.55. PFE 7736 and PFE 9218. Regue River Bartietts by Stewart Fruit Company, Red Triangle. - $1.6091.60; Blue Triangle. Sl.3S4fl.45. PFE 9026. extra fancy Hood River Bartietts. by Stelnhardt Kelly. $1.40 j2 moatly $1.40 to $1.60. PFE 2463. Rogue River Bartietts, by Stew art. $1.35 1.60. PFB 4988, Rogue River Bartietts, by Producers' Fruit Company, $1.15 1.95. FGE 19377. from North Yak ima, Bartietts. 70c4J tl.15. FCE 21467. Yak ima Bartietts, $1.1691.45. FGE 21543 from North Yakima, Bartietts. Sl.20ei.25. PFE 2180, from Wapato, Wash., $1.30(81.65. CFX 10143. from North Yakima. Bartietts. $1.16 tjl.40. PFB 647, from Wapato, Wash., $1.15 4J 1.55. Chicago, Sept. I. 17 Caltfornlas; T North westerns. Rogue River pears (Stewart), averaged $1.69; Yakima Bartietts, $1.61 Toppenish Bartietts, $1.39. Good Demand for Poultry. Poultry prices were steady at the former range, receipts of all kinds being light. The veal market was weak, but dressed pork Was firm. The egg market Is gradually Improving, as receipts decrease and the demand en larges, but the price Is slow In advancing. Butter and cheese were firm. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows; Clearings. Balances. Portland ;.. ..$2,217,165 "O-"" Peattl 1.9B3.B80 259S Tacoma 707.4J7 6pokane 885,145 104,4 S3 PORTLAND MABKETS. Grain, Floor, Feed. Etc. WHEAT Track prices: Bluestem. 8t 87c: club. 8283c; red Russian, SI 82c; Valley. 82 83c: 40-fold. 8384o; Me, 82c. FLOUR Patents, $4.50 per barrel, strslihts. $4.(?; experts. 8S.80: Valley, $.., graham. $4.65; whole wheat, $4.85. MILLSTUFFS Bran, $si4.50a26 per tonj middlings. $82; shorts. $26.50026.00; rolled barley. 33.50S4.tt. CORN Whole. $38: cracked. $34 per ton. BARLEY New feed. $81 83 Per ton, brewing. $38.00687.00 per ton. OATS New white, f29 per ton. HAY No. 1 E. O. timothy. S 15918: No. 1 valley, $14: alfalfa. $12; clover., 88.50; grain hay. 69911. Dairy and Country Produce. POULTRY Hens, 16817c; Springs. 169 ITc; ducks, young. 16c; geese, 113 12o; tur keys, 1S19C BUTTER Oregon creamery butter, soua pack. 81c: prints, extra. EGGS Fresh Oregon ranch, candled. per doxen CHEESE Twins, triplets and daisies, lS'glotic per pound; young America, 16HC PORK Fancy. 10H611C per pound. VEAL Fancy. 1861314 per pound. Vegetables and Fruits. TROPICAL FRUITS Oranges. $4-50 .75 per box; California grapefruit, 83.7a 4; bananas. BSc per pound; pineapples, oc per pound; lemons. S5&3.50 per box. kt?p!sh s-rpits Cantaloupes. 75c$1.25 per crate: peaches. 50 80c per box: water melons, 7Jc$1.2S per hundred; plums, .30 per crate: prunes. 75c per box; pears, 0c.l per box; grapes, 75c$1.25 per box; apples, $12.50 per box. VEGETABLES Beans. B10c; cabbages. $i.502 per hundredweight; corn, 25fi80c dozen; cucumbers, $11.25 per sack; egg plant 58o per lb.; garlic 10012c per pound; lettuce, 40" 50c per dozen; hothouse lettuce, $L251.75 per box; peppers, 66o per pound: radishes, 12Vio per dozen; toma toes, S573c per box. SACK VEGETABLES Carrots. 81.80 per sack; turnips, $1; beets, $1.75. POTATOES Oregon, 114o P pound; sweet potatoes, 2 Ho per pound. ONIONS California, $1.50 per hundred. Provisions. HAMS 10 to 12 pounds, l919Hc; 12 to 14 pounds, 18H19c; 14 to 16 pounds, 189 ISHc: 16 to 18 pounds. 1818Hc; skinned. 19c; picnics, llVic; cottage roll, 16iic SMOKED MEATS Beef tongues, 75c; dried beef seta, none; outside,, none; lnsides, 23c; knuckles, 21c LARD Kettle rendered, tierces. 13c: tubs. 14c: standard, tierces. 1214c: tubs. nt; shortening, tierces, oc; iuds, w. BACON Fancy, 27c; standard, 25o; choice, 22c; English, 16 180. DRY SALT CURED Regular short clears, dry salt. V2c: smoked, ISHo; backs, light, salt. 13ttc; smoked. 14tta; backs, heavy salt, 12Hc: smoked. 144c; exports, salt. 14o; smoked, 15 Sic Staple Groceries. SALMON Columbia River. 1-pound tails, $2.25 per dozen; 2-pound tails, $2.95; 1 pound flats, (2.40; Alaska pink. 1-pound tails, $1.25. COFFEE Roasted. In drums, 28 80c per pound. HONEY Choice. $8.75 per case; strsmea honey, 10a per pound. SALT Granulated. SIS per ton; half- ground. 100s, $8.50 per ton; 60s, $9 per ton. NUTS Walnuts, 17 lit 18o per pound; Brazil nuts, 14 18c; Alberts, 16c; almonds, 1618o; pecans, 18c; cocoanuts, R0c8 $1 per dozen; chestnuts, 12Ho per pound; hickory nuts, 8 10c per pound. BEANS Small white, 4c; large white. 4c; Lima. 7c; pink. 6c; red Mexicans, 6i4c; bayou, 5c. RICE No. 1 Japan, 4Xo; cheaper grades, 83. 50 4. 65; Southern head, 614 37c; Im ported Imperialistic; Imported extra No. 1, 7f 714 c. SUGAR Dry granulated, $7.85; fruit and berry. $7.85; beet, $7.05; extra C, $6.15; powdered, barrels, 17.40; cubes, barrels, S7.H5. DRIED FRUITS Apples, 12 HO 13 lie per pound; apricots, 16c; peaches, 1018cl prunes, Italian, 10 11c; silver, 18c; figs, white and black, 61i7tto: currants, 109 lie; raisins. loose Muscatel, 614 9714c; bleached Thompson, 1114c; unbleached Sul tanas, Slic; seeded, 9f914c Hops, Wool and Rides. HOPS lull contracts. S59S6c; 1909 crop, nominal; olds, nominal. MOHAIR Choice, 363714e per pound. WOOL Eastern Oregon. 9916o per pound, according to shrinkage; Valley, 159 17c per pound. PELTS Dry, 1014c: lambs, 40 60c each; shearings. 25 40o each. HIDES Salted hides, 10c per pound; salted calf, 16917c; salted kip, 1014c; salted stags. 614c; green hides, 9c; dry hides, 180; dry calf. 19920c; dry stags. 1291314c. CASCARA Per pound. 6c Oils. LINSEED OIL Pure raw. In barrels, 97c; boiled. In barrels, 99c; raw. In cases, $1.02; boiled. In cases, $L04. TURPENTINE Cases, 76c; wood barrels. Tlltc; Iron barrels, 64c; 10-case lots, 70c GASOLINE Motor gasoline. Iron barrels, 17c; cases, 24c; 86 gasoline. Iron barrels, 81c; cases, 39c COAL OIL Ordinary test, cases. 16o; bulk, in tanks. 914 c Metal Markets. NEW YORK. Sept. 13. Standard copper dull. Spot. September, October and Novem ber, 11.95 912.05c London quiet. Spot. f55 7s 6d; futures. 56 10s 3d. Arrivals re ported at New York today. 890 tona. Custom-house returns show exports so far this months of 10,985 tona Lake copper, 12.6214 012.75c; electrolytic, 12.87 Vj 912.6214 and casting. 12.1214 12.3714. Tin weak. Spot. 39.10940c; September, 19940c; October. 8939.90c; November, 8S.76939.75c; London weak with spot quot ed 180 and futures 177 16s. Lead easy. Spot, 4.4594.55c New York; 4.26 9 4.40c East St. Louis. London, 27 15s. Spot. 14 10a. Spelter easy. 6 pot. 6.9096c New York; 6.76iir5.85c East St. Louis. London, 27 16s. Antimony dull; Cookson's, 8.8098.50c Iron Cleveland warrants, 46s 9d In Lon don. Locally Iron was unsettled. No. 1 foundry Northern, $15.35916.75; No. 1, $16.25 916.60; No. 1 Southern and No. 1 Southern soft. $10 15.60. Stocks at Boston. BOSTON, Sept. 13. Closing quotations: Allouez 23 iMohawk 3S Amalg Copper.. 53;Nevada Con .... 16H A Z L. sc Sm... 221a Nipissing Mines.. 7 Arizona Com . . 60 B&CCASM.. 414 Butte Coalition. 1414 Cal A Arizona.. 4S4 Cal A Hecla 415 Centennial 8 Cop Ran Con Co 5014 E Butte Cop M. 10 Franklin 614 Nortn Butte... North Lake Old Dominion... Osceola Parrott (SAC). Qulncy ... Shannon Superior 22 414 87 86 9 63 8H 2314 Sup ft Bos if In.. 2 Glroux Con .... e Tamarack 2214 Granby Con ... 29 IUSSRAM... 82 Greene Cananea. 6 I do preferred . . 46 14 I Royalle (Cop) 12 Utah Con 11 Kerr Lake. 3 Utah Copper Co. 42 Lake Copper 23 Winona 4IB La Salle copper 814 Wolverine 98 Miami Copper... 17 I Naval Stores. SAVANNAH, Ga., Sept. 13. Turpentine Arm, 50 c Sales 634 barrels. Receipts 740 barrels. Shipments 834 barrels. Stocks 35.050 barrels. Rosin Arm. Sales 2162 pounds. Receipts 2704 pounda 6hipments 3S81 pounds. Stocks 88.413 pounda Quote: B. $6 9 6.06; D. $6.80 36.35; E, $6.4696.60; F, $6.50965214: G, $6.506.55; H, $6.6096.65: H. $6.5096.6714; I. $6.6096.60; K. $6.6096.65; M, $6,609 6.65: N, $6.8096.86; WO, $7.1097.15; WW, $7.35. Chicago Produce Market. CHICAGO. Sept. 13. Butter Steady. Creameries. 21928c- dairies, 1824c. Eggs Receipts 5373 cases; steady at mark, cases included. 14917c; prime firsts, 1914c Cheese Firm. Daisies. 1314 914c: twins, 1214 913c: Young Americas, 12!412fco; Long Horns, 18!4 913.a E APPLE PRICES Colorado Association An . nounces Opening List. FACTOR IN THE MARKET Quotations Range From $1 on Ben Davis to $1.50 on Best Class of Fruit Eastern Demand for Apples Is Backward. The Northwestern Fruit Exchange Issued the following bulletin yesterday: The most important news development of the day la the announcement ' of opening prices by the Grand Junction Fruit Growers Association, of Colorado, which Is the largest and strongest association on the western slope of Colorado. This association, for y9""". has been a very strong factor In the Colored boxed apple situation; Its grads and pack are very favorably regarded by the buying trade throughout the country and Its quo tations, therefore, make a very strong ef fect on the whole market situation, so far ss It Is Influenced by Colorado competition. The prices referred to have been reported to the Exchange as follows: v Fanoy. Choice. Jonathan ' HX Black Twig 1-50 125 Roman Beauty 1-60 1 -a IVlnenflna ......... 1.50 l.0 York Imperial Baldwin Wagener Gano 1.85 100 ... 1.35 - 1.00 ... 1.35 ' 1.00 ... 1.25 1.00 Ben Davis .. 1.00 Th third trrad of the Grand Junction As- sbclatlon is called "Standards," and will be sold lower than choice. The above are .the principal varieties on which Colorado claims distinction. The Exchange has a report from one 01 its salesmen in the field to the effect that he has seen a bona fide quotation from a Washington shipper on Jonathans and Grimes Golden, fancy grade, $1.85 f: o. b. The above information Is puDllsnea ior the benefit of Exchange members, for their enllghtment as to the competitive situation. Here are more letters from Exchange salesmen, submitted for the Information con tained: "Cleveland. Sept. 9. With all my work, up to date, have secured no apple orders. Have called upon the department stores, fancy grocery stores, and even Kress 6 and 10c cent stores (who sometimes buy fruit), but they are all playing the "waiting game.' I am going back at these fallows, 'hammer and tongs,' and there Is liable to be some thing doing." (Note The Exchange sales man at Cleveland Is one of the cleverest fruit salesmen in the business; his report simply Indicates the sentiment in the Cleveland market; the Exchange has been driving its salesmen to the limit.) "Boston, Sept. 8. Have been zealously working the trade here, but buyers holding off. Majority of them have given me posi tive assurance that when they are In the market. Exchange will have the preference. Am putting forth best efforts to seoure busi ness." - "Cincinnati. Sept. 9. Apple market dull. Michigan apples selling healthy, $2.60 9 2.75 barrel; Blush, $2.75; Culbertsons, $2-259 2.50; 20-oz., $3.75; homegrowns at all prices. Market weakening and demand poor. Qual ity good, but buying conservative, only tak ing what trade absolutely demands. I have heard of no sales of Western-boxed apples." "Columbus, O., Sept. . Michigan apples, one-half -bushel baskets, selling at 80 65c; many homegrowns at 209 50c per bushel. Understand that every car of Calif ornla fruit sold here this year made a heavy loss on account of so much homegrown fruits." STOCK LIST IS SHAKEN BEAK ATTACK OATJSES PRICES TO TUMBLE. Values Drop to the Lowest Po!nt of. the Year Some Recovery In Late Rally. NEW YORK, Sept. 13. Acute weakness once more developed In the stock market today. The meager gains of yesterday were swept away before an attack which, as the session progressed, became Increasingly se vere and Inflicted some heavy losses. Union Pacific's decline at the low price of the day was, within a fraction of four points, one of the most severe drops of this stook during the Summer. Missouri Paoltlo and New Haven lost the same amount, as both of those stocks, as well as New York Central, sold at their lowest prloes since 1908. A number of prominent Issues, In cluding Reading, Southern Pacific, Canadian Pacific, St. Paul and Amalgamated Copper, lost two points or more. The market rallied before the close under the Influence of short covering, regaining part of the day's losses. The depression In several railroad stocks was attributed to some extent to doubt whether the dividend rates would be main tained. This was especially true of New Haven, which also was affected by the un favorable annual report of the Boston & Maine. News from the steel Industry was another disoouraglng factor. Price cutting of steel has become widespread, although In most cases prices have not fallen far below the low levels reached early In the year. Europe played less of a part In todays market. Transactions for European account were estimated at 12,000 shares, about evenly divided between purchases and sales., The bond market was heavy. Total sales, par value $2,107,000. United States bonds were unchanged on call. CLOSING STOCK QUOTATIONS. Closing Sales. Hlffh. Low. Bid. Allls Chal pf .. Amal Copper . . Am Agrlcult . . Am Beet Sugar. Am Beet Sugar. American Can .. Am Car 4 Fdy. Am Cotton Oil.. Am Hd A Lt pf Am Ice Securl.. Am Linseed . .. Am Locomotive. 10O 17 17 1714 15.300 57 55 14 65 400 54 6214 5214 8.000 5414 6214 5214 8.G0O 5414 63 63 -H 1,600 10 f 40O 47 47 4614 SOU 62 6114 61 20O 2014 20 20 600 17 17 1714 200 84 67 102 25 115 134 93 27 88 101 3.8 73 222 22 92 255 69 23 slit 189 110 C8 27 ' 44 131 12 169 21 44 80 29 48 89 148 121 40 184 13 41 103 14 9 80 18 27 64 103 1S8-H 39 128 28 64 83 132 48 2S lfilfts Am Smel A Hot 14,800 do preferred.. 200 Am Steel Fdy.. 800 68 108 28 134 05 28 102 10114 120 96 28 '73 223 22 260"' 71 "l7' 86 140 112 -28' ' 44 133 12 160 32 46 81 29 49 40 151 122 46 135 105 14 67 103 Am Sugar Ref.. Am Tel & Tel. . Am Tobacco pf. Am Woolen . . Anaconda M Co .tchl8on do preferred.. Atl Coast Line.. Bait & Ohio ... Bethlehem Steel Brook R Tran.. 2,600 - 600 200 lLioo 100 100 8,600 300 133 94 27 ioi" 101 120 Sgg 72 221 22 280' ' 69 '7" STB 189 110 '27 44 180 12 160 21 44 80 29 49 40 149 120 46 135 13 41 104 14 8,400 Canadian Pacific 18,500 Central Leather. 2O0 An preferred.. Central of N J.. Ches & Ohio . . . Chicago A Alton Chi Gt West ... do preferred. . Chicago N W C, M & St Paiil C, C. C ft St u Col Fuel & Iron 600 5,700 "906 200 400 9,800 800 200 Col & Southern Consol Gas 1.R0O Porn Products 600 Del & Hudson. . D R Grande.. do preferred.. Distillers' Becur Erie do 1st pf .... do 2d pf General Eleo ... Gt North pf ... Gt North Ore . . Illinois Central.. Interbor Met . . do preferred. . Inter Harvester. Inter Marine pf. Int Paper Int Pump Iowa Central . . K C Southern .. do preferred.. Laclede Gas . . . Louis & Nasb. Minn ft St L M. 8 P ft S S M Mo, Kan ft Tex. do preferred. . Mo Paciflo Nat Biscuit . . .. National Lead . Mex N Ry 2 pf. 21 X Central .... 8OO . 200 400 60O 8,900 1,600 800 500 4.50O 800 600 1,600 600 1,800 800 800 100 100 19 26 65 19 26 65 1.100 140 13S 1.400 100 14.300 800 200 29 64 86 127 4 2 64 33 127 48 9.100 MAJa 100 J 1 88 88 88 101 67 114 81 120 103 'l7 29 "20 139 24 89 24 100 65 112 29 118 103 100 65 113 29 119 103 91 17 27 17 27 lo4 27 27 137 X 187 23 23 89 NS9 23 23 47 47 40 39 29 68 105' 25 .'32 23 17 41 159 89 '36 66 114 42 62 13 26 8i 74 2 89 29 68 36 108 26 65 32 29 29 68 lOS 26 "33 23 17 42 163 89 S7 68 1L 43 63 13 54 64 74 2 16" 40 l."9 89 66 86 67 114 42 62 13 28 5.1 61 74 2 153 Western Md 700 Westing Eleo .. 1.5O0 Western Union.. 400 Wheel ft L E. . 100 Lehigh Valley .. 26.500 164 151 Total sales for the day, 63,400 shares. BONDS. NEW" YORK, Sept. 13. Closing quota tions: U S ref 2s reg.100 ICn 8s.. 88 No Pacific Ss... 93B No Paciflo 4s... 89 Union Paclfio 4al01 Wis Central 4s. 93B Japanese 4s .... 96 do couDon ...10014! U 8 3s reg 101 do coupon ...101 U 8 new 4s reg. 118 do ooupon ...113 D ft R G 4s... 90 Money Exchange, Etc. NEW YORK. Sept. 18. Money on call steady, 2 92; ruling rate. 2; closing bid, 2; offered, 2. Time loans firmer; 60 days, 293 per cent; 90 days. 898; lv months. 34t94. Prime mercantile paper, 4; sterling exchange steady, with actual business In bankers' bills at scbjou ror ou-aay ouia, ana at $4.86106 4.8613 for demand. Commercial bills $4.82. Bar silver 62c. Mexican dollars 13c. Government bonds steady; railroad heavy. LONDON, Sept 13. Bar silver, steady, 24 Ho. Bar silver, steady, 24 c Moniv. 111 ner cent. ' The rate of discount in the open market for short bills Is a per cent; tnree montns bills, 3 per cent. SAN FRANCISCO, Sept. 13. Sterling on London, 60 days. $4.83; sight, $4.86. Drafts Sight 2c; telegraph, 4c. . .. CHICAGO, Sept. 13. Exchange on New York, 200 premium. Condition of the Treasury. WASHINGTON, 8ept. 18. At the begin ning of business today the condition of the United States Treasury was: Working balance In Treasury of fices " 83.966.316 In banks and Philippine treasury 80,223.801 Total of general fund 140.133.520 Reoelpts yesterday 1.776,437 Disbursements yesterday 2,895,217 The deficit to date this fiscal year la $22,797,812, as against a deflolt of $11,679. 205 at this time last year. These figures do not Include Panama Ca nal and publlo debt transactions. CHOICE STEERS HIGHER LARGE BTIXCH BRIXGS $5.80 AT THE STOCK YARDS. Sheep, Lamhs and Hogs Continue In Good Demand at Steady Prices. Cattle receipts have been fairly large this week, but the strength of the market for top quality was shown when a bunch of 468 head sold at the stockyards yesterday at $5.80. This is the best price that has prevailed for some time past. Other sales of steers were at $4.75 to 85.60. Cows sold from $J.60 to $4.70, and calves from $5.60 to $7.75 according to quality and weight. There was a steady business In the hog market, $8.15 being the top price for the light weights offered. The sheep market was steady, wethers selling at $3.15 and $3.40, ewes at $3 and lambs at $3.50 to $4.35. Receipts for the day were 642 cattle, 89 calves, 688 sheep, 303 . hogs and S3 horses and mules. Shippers were Gene Penland, Heppner, $ sari of sheep; J. H. Kinsman, Heppner, 3 cars of sheep and one of cattle; George perry, Heppner, 1 car of cattle; F. B. Barker, 1 car of hogs; J, E. Jenkins, Con don, 1 car of cattle and calves; Goodale ft Cassldy, Granada and Gaxelle, Cal., 2 cars of calves and hogs; E. G. Young ft Co., Oakland, 1 car of hogs; U. S. Quartermaster, . .t..i. T., w ai-B .i hnrca nnd can au.mu, . -- - mules; E. Hobert, SNverton, 1 car of sheep ana J. v. juum. v iui. ni wv, The day's sales were as follows: Welpght. Price. $2 hogs 16 'S-1' 308 wethers 84 3.40 ISO wethers M S calves 340 5.50 8 lves 306 7.00 1 cow l60l 4 -5 13 cows 89i i t5 1 cow SS" 60 1 heifer 8 steers 100 5.50 I cows I200 4.70 1 cow 9-0 -25 1 heifer 0 i.0 2 steers 0 4..0 3 steers 1 cow 1310 4.70 41 hogs yn 60 hog I'j ? 3 hogs 2 0 408 steers " 17 steers 5.35 iS Sow. 4.70 4 calves 0 72 calves 03 7. .5 10 wethers 17 ewes 1 f0 69 lambs 5 lambs J-JO 8 hogs J " 7S SS: Prices current at the Portland Union Stockyards for the various classes of stock were: Chofcel9s7eers ??, Good to choice steers o--otv Trir to eood steers 6.00 5.3 Medium steers 4-W J-u Poor steers AT?W -50 Choice oows -20 ' Fair to good cows SXX loo Common goods fH ff ,nir.A fmAved heifers 4.59 4.w Choice heifers 4.50W 4..5 Choice bulls 3.00 w 8.-5 nnH tn chn Ice bulls 2.75 3.00 Common bulls 2.009 2.50 Choice calves, icw pouuu uu To8 750 Goofto" choVc'e 'calve.: fo Common calve. 4.00 9 6 00 unoice stags r: yin Good to choice stags 4.59 4.60 CholclVght hog, 8.259 J.60 Good to choice hogs 4m Fair to good hogs 7.. a 9 8.00 Common hogs T-O0O 7. 2o 6heep Choice yearling wethers, coarse wool -5 8M Choice yearling wethers, east of mountains f-859- 3.65 Choice twos and threes 3.009 3.6 UAt..A mniintaln limhl. .. 4.509 4. DO Good to choice lambs J-f,S Culls .Y' The following quotations roijroscut. p. on this market for the different classes or horses: Drafters, extra heavy, $3009500; drafters, lino to nw pounus, im;r drafters, 1200 to 1400 pounds, $1009250; ohunks, $80 9150; plugs $109 40; drlvj rg horses, $.5 and up; saddle horses, $00 and up. Chicago Livestock Market. CHICAGO, Sept. 13. Cattle Receipts es timated at' 17,000; market slow, generally steady. Beeves, $5 8.10; Texas steers. $4.40 96.40; Western steers, $497; stockers and feeders. $395.50; cows and heifers, $2,259 6.30; calves. $6.2599.26. jjogs Receipts estimated at 20,000; mar ket weak to 6c lower. Light, $6.8597.45; mixed, $6.8097.45; heavy, $6.6597.85: rough, $6 6596.86; good to choice heavy, $6,859 7 85- pigs, $4.609 7.10; bulk of sales, $6.86 7.25. Sheep Receipts etlmated at 85,000; mar ket steady. Native, $2.1594.10; Western, $2.5094; vearllngs. $3.70 9 4.60; lambs, na tive. $3.85'9S.75; Western, $4.2595.75. Dulnth Flnr Market. DULUTH, Sept. 13. Flax on track and In store $2.64; to arrive, $2.62; September, $2.62: October. $2.29; November, $2.27; De cember. $20 U N T, Ont ft Wes 400 Norfolk ft West 1.300 North Am 1.4O0 Northern Pao . . 8,400 Paciflo Mall 700 Pennsylvania .. 10,600 People's Gas ... 100 P, C C ft 6t L Pittsburg Coal . 100 Pressed. S Car.. 700 Pull Pal Car Ry Steel Spring. 600. Reading H8.S00 Republic Steel .. 1,300 do preferred.. 500 Rock Island Co. 8,200 do preferred.. 600 St L ft 8 P 2 pf 400 St L Southwest. 100 do preferred.. 100 Sloss Sheffield Southern Pao 8.200 Southern Ry .'.. 2.200 do preferred. . Tenn Copper ... 1,400 Texas ft Pac .. 200 Tol, St L ft Was 100 do preferred.. 800 Union Pac 148.500 do preferred.. 800 U 8 Realty , U S Rubber ... 200 TJ S Steel 143,000 do preferred.. 1.800 Utah Copper .. 8,800 Va-Caro Chenu. 600 Wabksh SOO do preferred.. 500 BIG FLOUR TRADE Export Business Reported From Various Points. LIFTS THE WHEAT MARKET After a Weak Opening, Prices Rally Sharply In the Chicago Pit. Official Estimate of the French Crop. CHICAGO, Sept. 18. Decided Improve ment In the flour trade. Including exports from St. Louis, Minneapolis and Chicago, brought about a rally today In the prloe of wheat. Early In the day prices had been weakened by an official estimate that the French crop would yield 820.000,000 bushels, as compared with 268,000,000 bushels last year. Depression resulted also from liberal receipts and good weather In the North west. Many holders threw their wheat on the market, but oommisslon-housea had plenty of orders to buy at a decline and. there was a sudden shift by speculators In general from the bear side when news of enlarged flour sales developed at widely sep arated centers. December ranged from 96 996o to 970 and In the end was preoisely at last night's figures, 96996o. On purchases by big looal shorts, Septem ber oorn touched the highest prloe of the season, 68c. That option advanced just lo more than the other months. Longs bld September after the bulge and caused con siderable reaction. December fluctuated from 64 64o to 64c, closing firm 9 He up at 64 9 64 a. Cash grades were strong. No. 2 yellow was quoted at 6896Sc. In oats as In corn the strength of the spot situation tended to give prices a lift. High and low points reaohed by December proved to be 46o and 46o,,wtth the close o net higher at 46 48c Provisions hardened because of the upturn In oorn. The rise for products, 2o to Tc, was almost uniform Throughout the list. The leading futures ranged as follows: WHEAT. Open. High. Low. Close. Sept $ .J $ .92 $ . $ -2 Dec. 96 .97 .96 .96 May 1.0S . 1.02 1.01 1.02 CORN. Sept 97 .68 . . Dec .64 .64 .64 .64 May .66 .67 .66 .66 OAT8. ' Sept 4 .63 .6$ .49 Deo. 46 .46 .46 .46 May .49 .49 .48 .49 4 MESS PORK. Jan. 16.00 16.07 15.90 16.07 ' LARD. Oct....... 9.40 9.47 9.83 9.45 Deo. 9.27 9.30 9.20 9.80 Jan 8.35 ' 9.32 9.20 9.32 SHORT RIBS. Sept 8.70 8.82 8.70 8.82 Oct 8.82 8.87 -8.80 $.87 Jan. 8.32 8.87 8.30 8.87 Cash quotations were as follows; flour Firm. Rye No. 3, 660. Barley Feed or mixing, 7085o; fair to choice malting, $1.12 9 L20. Timothy seed $12.50 914.50. Clover $18919. Pork Mess, per barrel, $15.35915.87. Lard Per 100 pounds, $9.40. Short ribs Sides (loose), $8.37 . Sides Short, clear (boxed), $999.11. Grain statistics: Total clearances of wheat and flour were equal to 239.000 bushels. Primary receipts were L100,0O0 bushels, compared with 1, 113,000 bushels the corresponding day a year ago. Estimated receipts for tomorrow: Wheat, $3 cars; corn, 255 cars; oats, 19S cars; hogs, 15,000 head. Receipts. Shipments. Flour, barrels 95,100 8,380 Wheat, bushels 171,600 193,500 Corn, bushels 647,500 823,000 Oats, bushels 600.400 217,000 Rye, bushels 23,000 1.000 Barley, bushels 44,000 48,500 European Grain Markets. LONDON, Sept. 18. Cargoes dull. Walla Walla for shipment, 3d lower 80s 9d, English country markets firm; French country markets steady. LIVERPOOL, Sept. 13. Wheat October, 7s 8d; December, 7s 6d; March, 7s 6d. Weather, rain. Minneapolis Wheat Market. MINNEAPOLIS. Sept. 18. Wheat September. ' $1.01: December, $1.03 1.03: May, $1.07: No. 1 hard, $1.06; No. 1 Northern. $1.03 91.04 ; No. 2 Northern, $1.00 91-02 ; No. 3 wheat. 85o 9 $1.00. ' . Grain at San Francisco. SAN FRANCISCO. Sept. 18. Wheat Steady and Arm. Spot quotations: Wheat Shipping, $L45L4T.. Barley Feed, $1.6691.67; brewing, $1.621.67 per cental. Oats Red, $1.509L70: white, $1.57; black. $1.709L75. Call board sales: Wheat No trading. Barley May $1.71 per cental bid. 64 asked. Puget Oonnd Grain Markets. TACOMA, Sept. 13 Wheat Bluestem, 87c; club. 82oi fortyfold, 82c; red Russian. 80c. Receipts Wheat 111 care, corn 1 car, oats 6 cars, hay 7 cars. y ' , SEATTLE, Wash., Sept 18. Wheat Blue, stem, 86c; fortyfold, 82c; club, 81o; fife, 8l0 red Russian. 79c. Oats $29 per ton. Barley $30 per ton. Bags $6.30. Car receipts up to noon Wheat 60, oats 14, barley 8, flour 7, hay t. WESTERN BANK DEPOSITS LARGER Philadelphia Institutions Show Falling Off of $3,000,000. WASHINGTON, Sept. 13. National banks of Philadelphia, responding to the call of the Controller of the Currency for their condition on September 1, show loans and discounts of $224,000,000, a gain of $10,000, 000, and individual deposits of $187,500,000, a loss of $3,000,000, as oompared with their report for June 7. . The National banks of Minneapolis show loans and discounts of $47,600,000, no change; Individual deposits, $39,000,000, an Increase of $14,000,000 and a decrease of $500,000. in holdings of bonds and other se curities. St. Paul banks show loans and discounts of $28,225,000, an Increase of $1,000,000; In dividual deposits of $25,000,000, an Increase of $1,000,000. Figures for all the banks in the United States available In a few days are expected to show aggregate reductions In loans and discounts. Wool at St. Louis. 6T. LOUIS, Sept. 13. Wool, quiet. Ter ritory and Western mediums, 17 9 20e; fine mediums, 18919c; One, 11917c. Brotherhood of Owls Ceases to Exist. EVERETT, Wash., Sept IS. After voting out of existence the Brother hood of Owls the grand conclave of that order In session here today .or ganized a new secret society to be known as the International Brother hood of Owls. Officers were elected and a committee was named to draw up a constitution to become effective with the first of the year. The Owls adjourned to reassemble subject to call at Nanalmo, B. C. All the delegates acquiesced In this move except those from the Everett branon, wno in a statement Issued questioned the au thority and the eood faith of the dele gates In taking such steps. THE BARBER ASPHALT PAVING COMPANY Constructs Asphalt and other Blt. nlsoui Pavements. 05-0s fileotna kldsT, Portland. Or. Osltar ilubas. Manager. . ' I LADD & TILTON BANK Established 1859. Capital .,Y.vw,rt . .$1,000,000.00 Burplns and Undivided Profits... ..,.... 800,000.00 Letters of credit, drafts and travelers' checks issued, avail able on all parts of the world. Comer Washington Established 1886 Merchants National Bank Second and Washington Streets Portland, Oregon Capital and Surplus $600,000.00 DEPOSITARY FOR THE UNITED STATES. " T DEPOSITARY FOR THE STATE OF OREGON. DEPOSITARY FOR THE COUNTY OF MULTNOMAH. . DEPOSITARY FOR THE CITY OF PORTLAND. ' ,7J snftntanftftfttnasMsnftftftftanTsl Accounts of corporations, firms and individuals invited. 3 Four per cent interest paid on time deposits. 1 First National Bank Capital $1,500,000 Surplus 750,000 Oldest National Bank West of the Rocky Mountains The Canadian Bank of Commerce INCORPORATED 1867. Head Office Toronto, Canada. Nw York lfl Exchange IMace. London 2 Ijombard Street. Over two hundred other tranches In Canada and the United States. Every carl taken of collections. Drafts on all foreign countries and prin cipal cities In United States and Canada bought and sold, and a general banking- business transacted. Interest allowed on Time and Special Deposits. PORTLAND BRANCH, SECOND AND STARK STREETS F. C. UALFAS, Manager. Connecting; at Prince Rupert with i;nanone isiauaa ana local puinis. GRAND TRUNK MOUNTAIW DIVISION) .,., Trains leave Prince Rupert every Wednesday and Saturday at 1:01) P, M. for Copper River, B. C. (100 miles) and returning: arrives Prince Rupert 6:29 P. M. every Thursday and Sunday. Through tickets and baggage checked from Seattle, Victoria or Vancouver. GRAND TRUNK RAILWAY SYSTEM (Double Track Route) Four Through Trains Daily No Excess Faro To all points East: Standard and Tonrlat sleepers, dining -cars serving meals a-la-carte and club breakfast. Low SO and 60-day round-trip Tourist Tlokets. Send for free booklet giving routes and rates. J. H. BURGI3. General Agent, Passenger Dept. First Ave. and Tesler Way. Seattle, Wash. "I have been familiar with the construction and develop ment of the Bitulithic pave ment for four or five years, and I believe that the prin- - ciples are correct ; and that the pave- Principle ment is bound to Correct ) rive the best of I satisfaction from an economio and physical standpoint." Francis A. Seamans, President Common Council, Salem, Mass. . TRAVELERS' GUIDE. Ask about "Olympic" Largest Finest Steamer in the World. American . Atlantic Transport I Red Star White Star White Star-Dominion T. H. LARKE 619 Second Ave, Seattle, Wash. COOS BAY LINE STEAMER BREAKWATER. Sails from Alnsworth Dook, Portland. A. M., Aug. 4. 8. 14, 1. 24. 29. Sept. 3, S. 18, 18. 28, 28 and every t days. VrsHht re ceived at Alnsworth Dock dally up to 0 P. it. Passenger fare, first-class, 110; second clsss, 87. tnoludlnc meals and berth. Tleket ottics Alnsworth Dock. Phones Main 363, Main 170. A 123 A and Third 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. BL S, PRINCE ALBERT" for Queen PACIFIC RAILWAY TRA V ELKRil GUIDE. OPEN R1VKA TRANSPORTATION CO. STRJ.N.TEAL Frsliht reoelvsd dally at Oak-st. doc for The Dalles. Bood River. White Ealmoo, Umatilla, Kennewlck. Pasoo. Richland. Hanford. White Blufls. and Intermediate nolnss. XTRST-CLAS9 PASSENUAJt bEBVlCB, FARE 50 CENTS TO HOOD RIVER. WHITB &4J-MON. TH DALLES. Steamer leaves Portland San., Taea. Ttaurs., f A. M. Returning- leaves The Dalles Moo, Wed., FrL, I A. M.. arriving at Port land about P. M. same day. W. S. Buchanan. 6upt-: W. 8. Smallwood, Uen L. Mgr. Phone Main 2960 A 8127. San Francisco, Los Angeles and San Pedro Direct. North paciflo B. S. Co.'s S. 8. Roanoke and S. 8. Elder sail every Wednesday alter nately at 6 P. M. Tltck.t office 1112 Third St., near Alder. MARTIN J. HIOT.ET. Passenger Agent, W. E. bLL'MNEU, Freight Agent. Phones hi. 1814. A 1314. THE BIG 3 BEAR BEAVER ROSE CITY EXPRESS STEAMERS FOR . San Francisco and Los Angeles ' WiTHOfT CHANGE. 6. S. BEAR Sails 8 A. M. hrptemher IS. BAN IKAM'ISIO A PORrLA.NI SS. CO. Ticket Office. 141! Third ft. Phnnrs Main 40S and A 1404, Steamer Anvil sails from Albers Dock No. 8, Thursday. September 14, 7 P. M., for Tillamook, Bay City, Newport, Florence. Bandon and Coqullle River points. Ticket office 118 Third 8t. Phone Main 628, A 4596. Dock phone A 1902, Main 161. Freight and passengers. NEW ZEALAND AND AUTSRAUA (Union line of N. Z.) VIA TAHITI AND WELLINGTON. Direct through steamers, sailing froni Ban. Francisco Sept. 20 and every 28 days. Well ington and back, 1st class. 8284. Other rates also low. The line to Isles of the South Seas. For reservations see Coupon Railroad Agents, or address Qeeanlo 8. 6. Co.. San Francisco. Willamette River Route gtr. Oregona for Oregon City, Butte vllle, St. Paul dally, except Saturday 7 P. M. Leave St. Paul dally 7 A. il, Taylor-street dock. Phone Main 40.