' 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.