Morning Oregonian. (Portland, Or.) 1861-1937, June 18, 1912, Image 19

Morning Oregonian., June 18, 1912, Page 19, Image 19

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Newspaper Page TextTHE MORNING OREftONIAN, TUESDAY, JUNE 18, 1912. 1 HOP OUTLOOK FINE Crop Prospects Are Favorable in All Countries MARKET ON THE DEC LIN Downward Movement May Jiot Stop at the Twenty-Cent Mark Xew Crop Offered Yesterday Without Takers. The feeling In the hop market yesterdsy m rery weak. No business wss report ed pot through by local dealers. It wae aid 2 cents waa offered for tnree-oay option tn parta of Polk County, but this did not prevent growerl from offering tneir hope to local dealers at 12 cents. Several such offers were turned down. It will re quire mora than options and talk to keep the market up this season. A week ago It looked aa If bottom would bo reached at 20 cents, but It Is doubtful now If there will be speculative buying at that figure. Most dealers take the Tlew that If the market can decline to 2 cents It can also go to 15 cents. - In some quar ters It Is hollered hops will sen lower si tr hsrrest than before. These are not especially the Tlews of bears and are not expressed for the pur pose of bearing the market, but are based rm the favorable crop prospects everywhere. - This Is a rear when the grower should look the matter squarely In the faoo and not be Influenced by the abnormally high prices paid last year. The California market Is still nominally on a 23-cent basis. Host of the growers In that state have larger holdings than the Oregon growers and they are slower sellers. By holding the California market up now they will only have a harder fall when the expected slump cornea Foreign crop reports are satisfactory. In Germany. Bohemia and other sections of the Continent warmer weather, with ram. - has brightened the outlook. Likewise In England rain has been of much benefit and the vine has made rapid growth, but a fresh attack of fly and lice is 'reported, also mold In some localities. The local market for 1911 bops is also dull and weak. No improvement In America Is expected, but there may yet bo a high market In London for spots, as It la be lieved soma of the dealers are short. Th!a will have no particular effect on the mar ket for the coming crop. WHEAT MARKET DULL, Only UNCHANGED a Few Small Orders Coming From California Weekly Statistics. The wheat market was very dull at the opening. Tho demand waa restricted to a few California orders. The prices quoted were unchanged from last week. Local receipts. In cars, were reported by the Merchants Exchange aa follows: Wheat. Barley. Flour. Oats. Hay. Monday 18 1 T 3 10 year ago .... 8 1 IS S 9 Feas'n to data 13331 SH6 2494 1S92 27.19 Year ago 11803 ?u 2473 934 2M0 The weekly wheat statistics of the Mer chants' Exchange follow: American Visible Supply Juhels. June 17, 1912 3'i.HiiS.OOO June 19, 1UI1 Si.OiXOVO . June 20, 11)10 13.102.000 June 21, 1909 12.944.000 June 22, IOCS 10.905.000 June 24. 1907 47.000.000 June 2- l'WS 2S.9O9.00O June 2S. IMS 15.3SS.000 June 21, 19l4 1S.84O.00O June 22. 1903 18,030.000 Quantities on Passage Week Week Week ending ending ending June IS ' ' June 8 June 17. '11 For Bushels Bushels Busheie l K 2. 510.000 29.S00.1O0 25.H10.000 Continent ..23.116,000 27.O8O.00O 25.168.00v Decrees. 2,042.00V 3-H.OOO 1.7S5.0OO 2.471. OW) 1. 659.0O0 1.006.000 1.223,000 1.394.000 2.132.000 1,044,000 Totals ...54.651.000 64,880.000 60,328.000 World's Shipments (flour included) From IT. s.. Can. Argentina . Australia . lanub. p'ts 1.600,000 Russia 2.112.000 India 8.030,000 Week ending June 15 Bushels S. 052.000 2.80S.OOO 392. OOO Week Week ending ending June 8 June 17.'ll Bushels Bushels 8.909.000 2.080.000 849.000 2.084.000 2.984.000 2.000.000 2.071.000 1.928.000 752. OOv 248.000 4.3S4. 00u 1. 600.000 Totals ...13.600.000 16.283,000 11.031.000 World's shipments, season to date: Total Since Same Period From July 1. 1911. Last Season. TJ. s. and Canada 166.006.000 119.392,000 Argentine 83.2S7.000 83.076.000 Australia . . . , . 52.465.0O0 84.224. 00O Dsnubtan points 74.S34.0O0 83.216.0-10 Russia 74.SS8.000 213.396.0iK) India .48 7S4.0D0 , 49.232.000 Total 500,324.000 606.530,000 crate: cucumbers. S181.50 doxen-. eggplant. 2!e per pound: head lettuce. 12 e per dos.: hothouse lettuce. 75c$l per box; peas. VSc per pound: peppers. 202HC per ?ouna; rsaishes. 1302OC doxen; rnuosrD. 19 UC nmr Bound : mlnai-li A &a Mr MUIld: tO- matoes, 82.75 per box; garlic, 8 10c per lD-1 Dairy ead Country Trochee. BUTTER Oregon creamery butter, cubes or eoild pack. 27c per pound; prints. 28c per pound. . EGGS Fresh Oregon ranch, candled. 20a ter dnz.fi: count. 19c CHEESE Triplets and daisies, ISO per pouna; ioung America, lTftc PORK r'ancy. lutj lOiic per pound. VEAL Fanev. 12&12Uc per pound. POULTRY Hens. 12 Vic: broilers. 18 020c; ducks, .young. 12 to 14c; geese, 10 1 11c: turkeys, live. 18c; dressed. 25c STOCK TRADE HALTS Deadlock May Continue Until After the Conventions. CHICAGO NEWS IS WATCHED Staple Groctviea. SALMON Columbia River. one-pound tails. S2.25 ner doxen: elxat-pound taUe, $2.ib; one-pound fiata. $a.u; eJaka pink, prices Are Irregular, With a'Hard- COFFEE--Houied. ta drum. 286 9403 ner oound. NUTS -Walnut. leeleKe per pound; Brmail nuts. 12Ue: filbert. 14 0 10c; ai monds. 17Q21e; peanut, ISc; eocoanuta, 00 bfeJ, per dosen: cnestnut, izo per paiwn Hickory nut. Ab10c ner oound. HONEY Choice, $3.73 per case; strained honey. 10c oer oound. SALT Granulated. 113 per ton; half- ground, 100s, $8.0 pr ton; mm, $9 per ton JAP.S Small wbite, 4t;c, larce wnue. 4c; Lima. ,c; pit. 6c; Mexican, eo bayou, be RICK No. l Japan. c; cheaper grade 6QSc; Southern head. C07Hc ening Tendency Toward the Close of the Pay Reading Is ' ; Strongest of Favorites. NEW YORK. June 17. The only notable feature of today's stock market was the fact that It marked almost the smallest volume of operations for the year. From the opening;, until Its close, trading; was dull. SUGAR Utt araiLulated. Sd.05: fruit and I The movement was restricted, except in berry. $ 05; Honolulu plantation, $ti; beet, specialties, particularly the tobacco Issue 5.t&; extra C. $5.53; pewdered. burrei 10.31. cube barrels DKIKD FRUITS Apple. 14c per pound apricot. 160 18 e ; peaches. 12g 14a prunes, Italian. 10 V & lu c; silver. 1 So fisa, white and black. Vfc7c; currant 7 He; raislne, loose. Muscatel, 6 V4 3 7 Vic; bleached Thompson, 11 c ; unbleached Sui Politics formed the one absorbing topic and news from Chicago was awaited eager ly. Veteran observers opined that the mar ket is likely to continue in deadlock: until after the conventions. Cron nntm wn mm- fnvorahle. hT reason of needed rains In certain section. Freight tonnage west of Chicago continues to show , . , .T r ix . .ri - ViT'riI. dt-ir plr. a material Increase in volume. In the Mid f001 eosd: 78f;tt,dat,lrt Ule West, however, last week's receipts of sian. per pound; Fard. Si-60 per box. I n d f. smaller than the week preceamg. HAMS All sues, 176 ISc: skinned, 17fcO 16c: picnics. 12c: bouea. a BACON FaucT. Wis &2olc: choice. XOM C21C- United Railway 6 F 4a 6H Wabash first 4s .. 68 Westinghouse oonv 5s.......... 94. Western Pacific 6s s4 8 9S 84 Storks at Boston. - BOSTON", June 17. Closing quotations: Allouez iVnhawlr 66 A Z L 4 8m... SISlNevsda Con .... 21 Amals; Copper.. 84H Nlpissimr Mines. T?i Arizona Com .. 5North Butte..... 31H B 4 C C 8 M. a iNorth Lake 6H Cat & Ariioria.. T4oid Dominion... 51 Cal A Heola. ...515 Osoeola ..122 Centennial 24 'Oiitncv 90 Cop Rail Con Co 5S i.Sbannon ....... 14 X E. Butte Cop M. 13VSuperlor SSk Franklin ....... 13 'Sup ft Bos Kin., a Glrouz Con fttTamftrack ...... 43 GranbT Con - H.1 HT S S R A II... 33 Qreene Cananea. 9 do preferred... 43ft I Royaile (Cop) 81SlT;tah Con 11 Kerr Lake. 2S!i:tah Copper Co. 63 T Lake Copper.... 381iWinona 6hi La gal cop x-av 7 iwoiverine ......iiv Miami Copper. . . 23 , Money Exchange, tc NEW IOFK, June 17. Money on call sieaay, z,Q2 per cent; rullns rate, z it olosinc bid. 2 V : offered at a. Time loans, ateadr. 60 dava S per cent 0 days, per cent; six months, Is0 V per cent. SrT. Prices of stocks were lrreaular, with weak ness in Canadian Pacific on the heavy tone abroad. The list hardened toward the end DHT SALT HEATS Barks rirr alt 11 It, I of the 4av. when Canadian Pacific had re C12Uc: backs, smoked. 13 a 14c:- bellies, drj I covered the greater part of its decline. salt. 13 'Ac: bellies, smoked. 15c LARD Tierce basis, choice. lBtte: com pound. c: leaf, three-pound yaila. $8.54 per case. MISCELLANEOUS Figs' feet. kits. ILSs: sliced beef. Insldes, $28 per cass; dried beef, Insldes, 25o per pound; bolocna. canvas- back. 10 fee; minced ham. 12c. Hope, Wool and Hides. HOPS 1912 contracts. 22c; 1911 crop. nominal. MUc MOHAIR Choice. 82a. nee nouno. WOOL Eastern Oregon, 1461914a per I amounted to $2.01)9.000. United States bonds ej Reading; waa the strongest of ths specula tive f riv.irlt., lth 1 1 ii H i r 1 n ir atrenath in Union Pacific and United States Steel. Final aeallngs were attended by mooeraie au- tivltv. . There were two dividend announcements of Interest, one that the Colorado -uei Iran Cnmnanv haH raaumed oavment On nrtrrA .hare and an increase in the quarterly disbursement by one or tne axon' tana copper companies. Th nnlv f.atii. nf note in the bond mar ket was an advance of two points in Wabash refunding 4a Prices eisewnere incunea Irregularity. Total transactions, par value, Valley. 20 O pound, according to shrinkage 22c per pound. PELTS Dry. 12MSc: full wool batcber pelts, li.:3Vl.Tl; sbearlnga losysoe. salted calf. 20$ 21c; salted kip. ll312o; I " " green hides, 10c; dry calf. No. 1. 25o; No. . aS AsrlcuTt avi., ui ll luces, AaT V J , MaaLCU were unchanged on calL CLOSING STOCK QUOTATIONS. CI os In Sales. dry hides. a-reen CASCARA per pound, fi 14O6C. IJnaeed OU and Turpentine. sJJii eaiu v a a- Aa-ea , esse i ales, oovi Wlirrxa, barrels. ih)c; raw. case 93c; boiled, caa. TUWEMTINB Caaea, 69e; barrel 60 Ha ACTIVE CATTLE TRADE SUPPLY OX HAXD SELLS STEADY PKICES. stags, I Am Beet Sugir. American Can . Am Car A Fdy. Am Cotton Oil.. Am Hd & Lt Pf Am Ice Securi.. Am Linseed . . . Am Locomotive Am 8m el & Ref do preferred. . Am Steel Fdy. . Am Sugar Ref.. Am Tel 4 Tel.. Am Tobacco pf. . Am Woolen . . . Anaconda M Co Atchison do preferred. . Atl Coast Line.. Bait & Ohio . . . Bethlehem Steel Brook R Tran. . Canadian Pac. Central Leather. . do preferred. . . Central of N J. 5.300 V.BOO 7.800 200 ' High. "841, 75" S4 58 Low. '744 82 hi 58 28 H 28 1.100 84 100 108 8414 108 BOO 400 13014 145 ATI 1,100 43 K TOO 106 4 100 103 100 14014 300 107. 20O 3874 600 8S14 1,400 264 130 14594 43 K6 103 a 14014 107 3614 S7 2G314 Quotations. Hogs and Sheep Scarce at Yards Ches AOhio . .. 200 and Jfove at Last Week's cl' Gt w.e v uu iiiQieiieu.. ...... Chicago & N W C, M ft St Paul. 1.500 C. C C ft St L Col Fuel ft Iron There was an active cattle market at I , the stockyards yesterday. The supply was corn Products'. '. only fair and was soon disposed of at good I Del ft Hudson. teady prices. bheep and hogs were scarce I D ft H lirande.. id moved at last weeks quotations. i do preferred.. The bulk of steer sales were at $8.85. I Distillers' Secur Three loads were sold at $7 and one at I Erie .10. Cows were taken at former prices. iv-pi A lirr. hnnnh nf ..hiifiw. VMth.n hmnrhl i QO 2d Pf .... $4.25. the price that prevailed throughout !n,.Ele?.tr"!. 77 'l7 400 100 300 2. BOO 200 10314 '3114 103 'siii Top grade hogs again sold at last week. J7.75. Receipts for Sunday and Monday were Sra cattle, 8 calves, 8 hogs and 664 sheep. Shippers were French ft Horseman, Hepp- ner, 3 cars of cattle; C. . Brown. Kim- berly. Idaao, 1 car of hogs; C. R. Emerson. Ontario. 1 car of cattle: T. O Wilson. The Dalles, 1 ear of cattle; C. H. Fulton. Biggs, iwa Centra, " ' ' 1 car of cattle; H. C. Ruper. Shanlko, 1 k C Southern" car of sheep; J. E. Ross. Shedds, 1 car of ao preferred " ... "a -"". ' 3 lull lit wiiiuu, 11UDC burg. 1 car of cattle; C. F. Cassldv. Ar- buckle ft Willows, Cal., 6 cars of cattle, and west, uaaiana, a cars 01 sneep. The day's, sales were aa follows: Gt North of . . Gt North Ore .. . Illinois Central. . Interbor Met . .. do preferred. . Inter Harvester Inter Marine pf int "aper Int Pump STRAWBERRY SEASON NEARLY ENDED After This Week Trade Will Ton ta Cali fornia Deciduous Fruits. The fruit market opened with a brisk demand. This week will probably wind up the strawberry season, which will turn the buying; trade mora extensively" to California deciduous frnlta Good berries sold y ester dsy at $1.259L35. Poor stock sold aa low as 50 cents. Cantaloupes were easier at $3.5094.30 per crate. There was a good movement In apricots at $1.2581.60 per box. A car of California new potatoes ar rived and they sold lower at 214 62 cents a pound. Walla Walla la offering new po tatoes here, also new cabbage, but buyers are not taking hold. Red onions steady at $L25 a sack. DEMAND FOB POULTRY 13 LIMITED :g Receipts Are Falling Off, but Prices Aiw Unchanged. There waa not much snap to the poultry market yesterday. A few coops came la wud some wen) carried over from last week. but buyers wera Indifferent, The old prices were quoted. Veal waa scarce and firm and pork waa steady. Eg g receipts have fallen off materially, but there has been no Improvement la prices yet. Cheese waa firm at the new quotations that went into effect yesterday. Butter was steady. Baak clearings. Bank clearings of the Northwestern cities yeeterday were aa follows: Clearings. Balances Portland $2.5;$.3so $514,682 b'eattie 3.217.42S 2tW,J13 Tacoma 630.473 63.K04 Spokane 105,150 48.37$ PORTLAND MARKJCTS. Grala. Flew. Fee. Ete. WHEAT Track prices: Bluest em. 05c: club. 0c; red Russian. 90c; Valley. 0e; 40- 10 . a. vuc , FLOUR Patents $5.10 per barrel; straights. 14.70: experts. $4 20: Valley. $5.10: HAY Timothy. $13.50017; alfalfa. $11; ciover. essr; oata ana vetch. $ls.5OtflLS0; rain hay. It. aIILLTUFF8 Bran. $:$.( per toa; shorts, tit; middlings. $11 CORN Whole. $3: creeled. $40 per tea, OATS No. 1 white. $33 40 per toa. Vecetablee ana. Fruits. BERRIES Strawberries, 50c$l.S3 per crate: gooseberries. 2S05c per pound; rasp berries, $L25 per crate. . TROP'CAL FRUITS Orancea, navels, -i"tjS.28: California grapefruit. $3.50?4; lemons. $4,800$ per box; pineapples. $e par eutid. FRESH FRUIT Cherries, 8e per pound; applea red. $1.5083.00 per box- aprl. cots. 11.25 4 1.50 per box; cantaloups. $3.50 (4 50 per crate. POTATOES Jobbing prices: Bur banks old. $1.50 per hundred; new, per pound. l,C2c , VEGETABLES Artichokes. e5073e per dosen; asparagus. $1 per box: beans. 8 e?10c: cabbage. le per pound; cauli flower. $2.75 per crate; celery, $$ pes Weight. Price. 27 steers 1153 $8.85 25 steers 1225 6.85 25 steers 1195 6.85 25 steers 1234 6.S5 25 steers 1231 S.85 1 steer SaO 0.00 15 steers .- 1048 6.35 5 steers 1033 6.35 26 steers 1205 7.ut 22 steers 1146 7.10 18 steers 1217 7.00 1 steer 1140 7.0v 28 steers 1318 4.85 24 steers v 1004 7.00 25 steers 1205 6.90 .5 cows 1040 5.00 17 cows 980 5.75 1 cow 830 6.0U 5 cows 913 O,oo 1 cow 1120 5.5u 1 cow 1470 5.25 2 cows 920 6.50 1 COW 1180 6.O0 1 cow 1000 6.00 1 cow 13:o 3.29 1 stag 1480 5.75 1 bull 11B2 4.0U 47 sheep 102 3.1 200 wethers 93 4.25 2 hogs 340 6.50 SO hogs 183 7.75 The range of prices at the yards waa as follows: Laclede Gas Louis ft Nash. . . Minn & St L . . . M, S P & S S M Mo. Kan ft Tex. do preferred.. . Mo Pacific Nat Biscuit . . . . National Lead .. . N Ry Mex 2 pf. N Y Central ... N Y. Out ft Wes Norfolk ft West North American Northern Pac . . Pacific Mall Pennsylvania ... People's Gas . .. P. C C ft St L.. . Pittsburg Coal.. Pressed S Car.. Ry Steel Spring 100 ling 2,7W tblic Steel.. 100 do preferred.. 500 200 0O 200 800 100 100 300 600 100 do preferred.. St L ft S F 2 pf . do preferred. . 400 300 do preferred.. 1.200 500 lOO 40O 200 '85 'S5 3214 32 34 33 53 : 52 1914- 16914" 133 133 i9 '19 57 57 119 -118 "16 "ii"" 2514 2514 '25 '24 142" 14014" 27 27 37 '37 '3114' si'" 117 11714 3414 34 111 111 82 82. 119 119 123 j'23"" 114 114 "ii" '26 35 35 '35 "35 185 164 24 24 '25" "24 50 49 '34'" 'H" 109 108 28 28 74 74 46 44 Tol. St L & Wes . do preferred.. . rn no Pap Hp . . . . . .$6.85$7.3ri I do preferred.. 6.50 f..S.J u S Realty ... 6.00 lit n a Rubber ... 6.00 6.35 u S Steel 5.509 6.001 do preferred.. 6.003 C.50 I TTtah Copper . . 7.00S- 7.75 I Va-Caro Chem.. 6.00W 6.50 I Wabash 0 6.00 1 do preferred.. Stags 4. To 6.36 I Western Md nogs. - 1 wMims r,iec .. Light 7.00 7.75 Western Union.. Heavy &ooci ft no Wheel ft L E Choice steers Good steers Medium steers Choice cows ......... Good cows ........... Medium cows Choice calves Good heavy calves Bulls 10,900 168 167 100 90 90 '""506 '3 "3 25,700 68 4"0 110 110 2.700 64 63 400 47 47 "'966 "17 "1614 Sheep Yearlings 8.75 O 4.26 Wethers 8.25 4.25 Ewes S.00 8.50 lamm 4.OO6J 8.00 5,400 171 170 900 84 34 2,000 20 20J4 1,200 291 290 800 24 24 800 54 54 Total sales for the day, 146.300 shares. BONDS. Furnished by Overbeck ft Cooke Co., of Lehigh Valley Chlno Copper. , Ray Consols . . . Am Tobacco . . Seaboard Airline do preferred Bid. 2 84 .. 61 74 33 68 61 24 14 41 84 17 88 130 145 105 2S 43 106 103 140 10S 88 87 264 24 91 395 77 23 17 33 135 103 57 31 39 141 14 17 19 35 32 34 5! 40 1 133 41 128 19 57 119 18 16 25 11 25 59 105 156 18 141 27 69 . 37 155 57 81 117 34 111 82 119 32 123 113 107 20 34 159 85 165 23 71) 24 49 85 32 75 54 109 28 a , 23 14 SO 166 o 75 W 69 110 63 47 7 17 57 72 82 7 171 84 20 24 54 Omaha ZJvestock Markets. OMAHA. June 17. Cattle Receipts 1900: market active and stronger. Native steers. I r,rt-.i. nrf $8.809.23: cows and heifers. $3.7537.85:1 Western steers, $4.9098.10: Texas steers. ti a Tel rnnv 4a ,v I American Tobacco 4s. $4.40j6.25: cows snd heifers. 4.50; canners. $2-50e?4.50; stcckers and feeders, $4.257; calves, $4.7ojS.75 bulla stars, etc. $4 6 8. Hoes Rscelnts 5100: msrket S&lOc low er. Heavy. $7.3087.30: mixed. $7.107.20: tr,'Z?rS9i ,687: bUlk 01 "le"' Atianric T Coast ijnewni'ii 'aKIrD . ,ann. ... ..., At Coast Line "L ft N coll" Tearllngs. $5.7596.50: wethers, $5.25t 5.S5: ewes, v4.autf5.50; lamba, list. Bld.Asked. ..113 114 American Tobacco 6s. Atchison General 4a.... Atchison conv 4s Atchison adj 4s stamped Aicmsou conv os 4s. Chiracs Utestark Markets. CHICAGO. June 17. Cattle Receipts 21.. 000; market stesdy. Beeves. $8. 10 y 9.40; Texas steers, $6.60 8.20; Weste.-n steers. 18-50 ST 8. 25: stockera and fredera S4.25 665; co-a and heifers, S2.90&8.25; calves. d.ouc 5.00. Hogs Recetpts 46.000: market 10c lower. Light. IB.906 7.30: mixed. J.85i 7.85: tl-I. $8.908 7.35; rough. $.90g 7.10: pigs. $5.10) tt.id: buia or sales. $7.2597.30. Sheep Receipts 18.O0O: market steady Native. $3 15a 5.10; Western, $3.50S5.16; yearunga $4.T5-7; lamba native. $4.2095; western. v.outf e: spring lamaa, so.xocy. Metal Markets. 95 .102 fltii l061i 90 106 94 93 91 . 98 . SU .100 .100 . 95 . 95 : os . 98 . 95 ..94 . 89 NEW YORK. June 17. CoDner firm. Standard. 18.75ft 17.25; June 16.87 Q 17.87: July and August 17.00 17.25; September. 17.00t 17.37 ; electrolytic. 17; lake. 17S1T: casting. 16S17. Tin quiet snd Arm. Spot 48.256 48.70; ju:y. o.wv - 'o; august. 44.WSH.W1 Lesa nrm. e.ewr4.&u. Spelter .steady. 6.90$ 7.00. Antimony, quiet. Couksons, 8.00. Iron steady. No. .1 Northern. 15.25015.75 No. 1 Northern. 14.75015.25; No. 1 South- n n H XTA 1 Eflnth.ni ... UMieiKTI Arrivals or copper. su tons; exports tnis ' : . r . . UMI TAn,4An t . T. Republic Of Cuba 5S.... ,J . ". , " V 1 G ..... . r T?. " t -. H. , - Baltimore ft Ohio 3s. .. Baltimore ft Ohio 4S... Brooklyn Rapid Transit 4s... Can southern first 6s Chesapeake ft Ohio 4a C B ft.Q gen mtg 4s C B ft Q Joint 4S C B ft Q Ills 4s C B ft Q Denver 4s Central Pacific first 4s.'...... Chicago ft East Ills 4s Chicago R I ft P ref 4s Chicago R I ft P Col trust 4s. Colorado ft Southern first 4s... 94 Erie first cons P L 4s 98 Int Met 4s 89 Japanese 4s - 67 Japanese Ixhu 4s 9344 Japanese second 4s 91 Louisville ft Nashville unl 4s... u Mo Kan ft Tex 4a 87 Missouri Pacific 4s New York Central 3a 87 New York Central L S 8a 81 New York City 4s 92 New York City 4s of 1957 107 Norfolk ft Western 4s 8 Norfolk ft Western conv 4s. 111 N Y Ont ft W 4s Northern Pacific P L 4a 99 Northern Pacific 3s. ........... 69 Oregon Short Line 4s 83 Oregon Ry ft Nav 4s........ penna Ry s of 1948. .......... iw r-mnppine Hallway 4S.. Spot. I2O0 10s; fu- 97 103 94 90 7S 77 100 101 ..98 ..102 ..100 ..100 track. No. 1 hard. $L18: No. 1 Northern, tn ted States 3s registered 102 $1.12: No. 2 Northern. $1.09 to L10 ; I J.n "d States 3s coupon,,. 102 July. $1.11 asked: September. $1.05 asked. J " 'ed State, 4s registered 114 Oata 6c lower. - Lnlted tnss la couin..j.ti114 mon futures, 178 12a ad. London tin. strong. turea. 17 10s. London lea.l. 117 15s. London spelter, 25. 15a Iron. Cleveland warrants, $s ra London, Dolnth Wktmt Market. DULTJTH. Jnns 17. Close: Wheat, on I Knlted states zs coupon Southern Pacific col Southern Railway 4s 9t L ft s F ref 4s Union Psclflo first 4V.. Union Pacific conv 4a. ....... Union pacific ref 4s United States Steel 8 F 5s.... United States 2s registered... 99 90 107 94 94 91 98 89 !4 101 10O 98 96 V9 99 98 94 J 89 69 93 .' 98 90 87 92 91 99 87 72 87 83 93 107 89 93 99 69 94 95 104 88 98 j" 91 . 78 78 100 102 98 102 101 101 H 102 102 114 114, rime mercantile mr.r. IV 64 ier cent. eiterliar exchange, firm, with actual busl neas In bankers' bills at $4.66 for 0-day Dins ana at 14.8745 lor demand Commercial bills, $4-84. Bar silver, 61 14c. Mexican dollars. 4Sil ' Government bonds, steady; railroad bonds. easy. LONDON. June 17. Bar silver, quiet Z5 3-itKi per ounce; money, Pr cent rate or discount for snort bills, 1 io-itff per cent; do, three months' bills, 1 16-16 fc per cent. SAN FRANCISCO. June 17. Sterlinc on London Sixty days, 14-84: do, sight. S4.87H. Silver bars, 814; Mexican dollars, nomi nal, jjraita. sight, .02; ao. teierapn, .u. Condition of tne Treasury. WASHINGTON. June 17. At the begin- nlng of business today the condition of the unitea states Treasury was: tYorkine- balance In Trsuurv of fices . .1 $ C4.0ft4.597 In banks and Philippine treasury 3S.143.484 Total balance In general fund... ISO.813.289 Ordinary receipts Saturday 8.326,353 Ordinary disbursements 1,969,312 Deficit to date this fiscal year Is $1,008, 705, as against a surplus of $11,582,622 at una time last year. These figures exclude Panama Canal and puouc aen. tranaacuons. BAN FRANCISCO PBODUCB MARK El Price Quoted at the Bay City for Vege table. Fk-nlta, Etc SAX FRANCISCO, June 17. The follow ing produce prices were current here today FruitApples, choice. 1.25: common. 60c Mexican limes, tE.t0Q; California lemons. choice. 4.tu; common, si.ou; navet oranges. 81.51.75; pineapples, 8.00y 4.00. Cheese 1515ttc Butter Fancy creamery, S8Hc Eggs Store, 18a; fancy ranch. Sic. Vegetables - Cucumbers, E0c$L75 garlic, 83c; green peas, il1.75; string oeans, woc; asparagus, wUCfS'ji.iib; toma toes, 75cSl.25; eggplant, lOillc; onions, etooreuc. Potatoes 'River Burbanks, $1.606jt2.Ofl Oregon Burbanks, $1.251.50; Early Rose, 11.2531.75; sweets. 39c. Hay Wheat. 12&18,50; wheat and oats. s izty in; an air a, 11 lit. Receipt Flour. S30S sacks: wheat. 800 centals: Darley. I13& centals: notatoea 1535 sacks; bran, 600 sacks; hay, 684 tons; wool. 4.4J. DsUU. Coffee and Bucar. NETW YORK. June 17. Coffee futures ciosea l to 4 points higher. June, 13.5ect j uiy. jcf.odc; August, J.3.73C; tieptemDer, 13.S2c: October, 13.86c: November. 13.90c. December and January, 13.94c; February, 13.90c; March, 13.97c; April, 13.9Sc; Ma. Spot steady, unchanged. Raw suicar. barelv steadv: Muscovado. S9 test. it.sDc; centrizugai, yti test. a.Sttc. nomi nal; molaases, 89 test, 8.11c Refined quiet. New York Cotton Market. NEW YORK. June 17. Cotton Snot closed quiet, 10 points lower. MM-uplands, 11.S0; mid-gulf. 12.05. Sales. 50 bales. Cotton futures closed steadv. 1 to 4 nolnts lower. June il.zv, juiy 11.39, August 11.49, September 11.53, October 11.68, November 11.68, December 11.73, January 11.71. Feb ruary 11.75, March 11.83, May 11.89. NEW ORLEANS. June 17. Snot cotton quiet. Middlings, 12. . Dried Fruit at New York. NEW YORK. June 17. Evaporated annles uncnanirea. on sdol iancv ouotea as luHc; choice, 88c; prime, 747c Prunes auiet but steadv in avmnathv with future market quotations ranging from 3 (&'c zor caiirorniaa up to 30-40S and 6i ttc xor uregons. Peaches quiet and unchanged. Choice. 7S)4c; extra choice. St&Hhtc; fancy, 84 (flVlUC Chicago Produce Market. CHICAGO. June 17. Butter TCarv. Creameries. 3125c; dairies, 21 1 24c a-gga HSteaay; recelpu. 13.130 .cases: at mark, cases included. 15Mf16c; ordinary firsts. 16c; firsts, 17&17c Cheese Steady. Daisies. 14ial4Ue: twlna 13H13c; Young Americas. 14)414Hc; long horns, 14 tj? 1 4 hi c t ' Naval Stores. SAVANNAH. Ga.. June 17. Turnentlna firm, 44c; sales, 1000; receipts, 657; ship ments. 869; stock, 29.700. Kosm nrm; sales. 20O0: recelDts. 1800: shipments, 52,000; stock, 80,600. Quote: B, $6.15(6.20; D, $6.50; E. $6.90: F, $7.20 7.25; O, 87.20 4? 7.27 H T H. I, $7.257.27H ! K, $7.37; M, $7.40; N. $7.35; WQ, WW, $7.5v. Duluth Flax Market. DULUTH, June 17. Close: Linseed on ack and to arrive, $2.30; June. $2.30, nominal; July, $2.80; September, $2.00; Oc tober, $1.95. Elgin Butter Market. ELGIN. 111.. June 17. The Quotations com mittee of the Elgin Board of Trade this afternoon declared butter firm at 25 cents a pound. Wool at St. Louis. ST. LOUIS. June 17. Wool Steadv. Ter ritory and Western medlnms, 16 18c; fine mediums, 15 17c; fine, 10 15c. Hop at London. LIVERPOOL. June 17. HODS In Lnndnn. Pacific Coast, 10 5s12. f Hops at New York. - NEW YORK. June 17. Hops, steady. MUSSEL CANNING STARTED Marshfield Men . Will Operate on Large Scale If Encouraged. MARSHFIELD. Or., June 17. (Special.) A new enterprise has been started in Curry County. William Hunter and J. L. Reynolds are engaged In gathering and canning mussels and will put them on the Portland market. If they find that the product takes with the public the business will be car ried on in a large way, as there ere enormous mussel beds along the Curry uounty coast. . - The canning of mussels has never been attempted on this part of the Coast in a commercial- way. The only product known on the market is the French mussel, picaled In glass bot tles, which commands a high price. It claimed that the mussels of this Coast are quite as choice as the im ported product. WHEArUP AT CLOSE Chicago Market Gains Three Quarters on Weather Report. SETBACK AT THE OPENING Temperature in the Northwest Is Too Low, and There Is Too Much Moisture in the South west Corn Rallies Also. CHICAGO. June 17. Asserting that the weather was too eold Northwest and too damp Southwest helped today to advance wheat. The market closed strong, 3-8 to 3-4 above Saturday night. Wheat quotations early suffered a sharp setback owing to crop improvement in Kan sas and because of rumors of large sales of new wheat from Oklahoma. Denial of the Oklahoma stories, however, brought about a renewal of buying, hut offerings were small. September fluctuated from $L03 to $1.04. with last sales Q c, net. higher at tl.04 4? $1.H Vi- Corn acted heavy most of the session, but toward the close rallied la sympathy with wheat. . The late upturn in other grain affected oats, but previously the market declined, owing to liquidation in July. a large increase In the stocks of pork and iara nere, pacKers gave tne maraet support. In the end, nevertheless, pork was less ex pensive by 710c The rest of the list finished dearer, a shade to 6c Futures ranged aa follows: WHEAT. UNITED STATES DEPOSITORY THE BANK OF CALIFORNIA NATIONAL ASSOCIATION OF SAX FRAKCISCO FOUNDED UU. ... $8,500,000 $7,905,912 Capital Paid in Surplus and Undivided Prof its...... - BRANCHES Portland, Seattle, Tacoma and Virginia City We buy and sell Foretrn Exchange; issue) Draft and Cabin Transfers, Commercial Credits and Travelers- Letters of Credit available in all parts of the world; make collections on all points and conduct a general f oreln and domestic banking: business. nmsMssT paid oif time ajto savings deposits. ' PORTLAND OFFICE Northwest Corner Third and Stark Streets " CHAMBER OP COMMERCE BUILDING. Tn, A. MAO RAE, Maaaarer. J. T. BPRTCHAKU, Asst. Maaaaratv Open. Hlgh. Loan. Close. I Julv 1.05i 1.06H 1.04 l-0tt Sept. ..... 1.03 1.04 LOSS ' 1-H Dec 1.04 1.051s 1.041, 1-0514 CORN. July 72. .T2JI .7114 -72 Sept. .'71 .71 Z -70S. .71 Deo 624 -82 .61 .62)4 OATSL July .4&4s .49 .47 .48 EepL 40 ,.40 .40 .40 Dec .41 .41 .40 .41 Julv .. Sept. . ..18.40 ..18.70 18.57 18.00 18.80 18.60 18 50 18.80 July Sept. Sept. Oct. July Sept. . .10.75 . .10.90 . .10.60 ..11.00 10.72 10.90 10.90 11.00 10.85 11.05 11.06 11.12 10.27. 10.40 10.45 10.57 LARD. 10.95' 11.05 11.05 11.12 RIBS. v ..10.32 10.40 ..30.47 V. 10.5714 Cash quotations wera as follows iour--steaay. Rye No. 2, 90c. Barley Peed or mlxlns. 65975e: fair to choice malting, $11.12. Timothy seed S79. Clover seed $14 20. Mess Pork 81&6018.62. Lard (In tierces) J1O.80. Short ribs (loose) .10.35. Grain statistics: Total clearances of wheat and flour were equal to 859,000 bushels. Primary receipts were 458,000 bushels, compared with 670v000 bushels the corresDondlns- day a vear aa-n. The visible supply of wheat In ths United States decreased 2,042,000 bushels for ths week. The amount of breadstuff on ocean passase decreased 928,000 bushels. Estimated receipts for tomorrow: Wheat, 18 cars: corn, 483 cars; oats, 198 cars: hogs, 17,000. Grains In San Francisco. SAN FRANCISCO. June 17. Snot ousts. Hons: Walla Walla, (1.6201.63; red xtussian, ix.iuttvi.td; 'xuraey rea, S1.70Q 1.72: bluestem. SI. 7031.7214 : feed bar ley, 1.57 & 1.60; brewing, nominal; white oats, 1.851.90; bran, $2fl.50$27; mid dlings, S3334; shorts, J .'11' 3 2. Call board sales: Wheat (No trading. Barley December, $1.43 bid, tl.43 asked; May, Sl.56 bid, 1.58 asked. European Grain Markets. DONDOX. June 17. Care-oea firm Walla Walla, September-October shipment, 36s yd to 37a English and French country mar kets, firm. LIVERPOOL. June 17. Tin- Whul July 7s 9d: October. 7s &14d: DacemhAr 7a 0-a.o. w earner, ciouay. Paget Sound Wheat Markets. TACOMA, Wash., June 17. Wheat Ex. port: Bluestem, 99c; club, 95c. Milling utuwiem, 99c; ciud, szc . Receipts Wheat. 13 cars: corn. 1 car: hay, 9 cars. SEATTLE, Wash.. June 17. Wheat: Blue- stem, Sac; lortyrold, 90c; Ills, 0c; club, 0c tea itussian, sue. Minneapolis Grain Market. MINNEAPOLIS. June 17. Close: Wheat- jury, xi.iu. a 1.10 : September. 11.041 December. 11.04; No. 1 hard, (1.18; No. Nortnern. 11.12 a 1.12 : No. z Northern. ti.jo-ft'xvi.ij.; io. o wneat, si.U9pi.u. jsariey ouc (ft si.uo. Corn No. 3 yellow, 70 71c. Oats No. 3. 50c Rye No. 2. 76c. , Bran In 100 pounds, S19.5020.5O. Visible Supply of Grain. NEW YORK. June IT. The visible suddIv of grain In the United States Saturday, June 10, as compnea ay tne Aew xorlc .froauce lxcnange, lotiows LADD& TILTON BANK Established 1869. Capital Stock...' $1,000,000.09 Surplus and Undivided Profit. 800,000.00 Commercial and Savings Accounts Letters of credit, drafts and travelers' checks issued, arall . able in all parta of the world. OFFICERS W. M. I. add, TVesBidemt. Roker 8. HowaxeV Asst. Cashless Bdirsrd Catoklsarhsun. Vtos) PTca. J. W. Ladd, Asst. Csushler. W. n. DuacaUcy, Caskier. WUtsr M. Csk Aat. Caakian, First National Bank Capital $1,500,000 Surplus 850,000 Oldest National Bank West of tho ' Rocky Mountains Wheat Wheat In bond Corn Oats Oats In bond Itye Barley Barley In bond Bushels. .28.387.100 . .4.205.000 . .8.172.000 . .5,186.000 . .1,532,000 . . 495,000 . . 642,000 . 218,000 Decrease. 2,043.000 1,677,000 2,745,000 1.211.0OO 351,000 29,000 ... 70.000 127,000 Increase. EXPERTS TO SEE FRUIT FIXE ORCHARDS IJT COOS WILL BE INSPECTED. HOOD RIVERJSOIL TESTED Data Being Gathered for Map by Department of Agriculture. HOOD RIVER, Or June 17. (Spe cial.) A- T. Strahors and his assistant. W. Thomas, who have been here for the past two months doing the field work of a soil surrey of the Hood River Valley, left this morning for White Salmon, where they will begin immediately to secure similar data. They are from ths soil department in the United States Department of Agriculture, and have been working; in the valley for the past two months on the surTey. As soon as tne wnue salmon field work is completed the soli map will drawn and the data assembled in the form of a report to be printed and distributed by the Department of Ag riculture. "We expect to have the en tire work done by September," says Ur. Straaoro, . Acreage Increases Greatly Daring Last Three Tears and Prospects Are Bright. MARSHFIELD, Or, June 17. (Spe cial.) Fruitgrowers of the county are Interested in the) visit of the fruit ex perts who will- make a tour of the county and inspect the orchards. The party is made up of Professor H. S. Jackson and Professor H. F. Wilson, of the entomology department of the Ore gon Agricultural College; F. C. Relmer, superintendent of the new Southern Oregon Experimental Station, and H. Carson, commissioner of the third horticultural district. These experts will be accompanied by P. M. Hall Lewis, county fruit inspector, and oth ers. They will be entertained by the citizens and fruitgrowers' associations. During the last three years the in terest in fruitgrowing, and especially apple culture, In Coos County has grown. Fruitgrowers' associations have been organized, the fruit business is be ing taken up on a scientific basis and many new orchards have been planted. In the county there are about 102, 000 fruit trees. Of these 30,00v are trees not yet in bearing. There are about 95,000 apple trees in the county and 60 per cent of these are Gravenstein. There are also a number of the Winter varieties grown. Peaches have succeeded in certain patls of the county and prunes as far aa grown oafe pruveu oucraasiui, Liier rles are yet to be proved a success for Coos County. Growers believe all varieties oi smau iruit. aiso win grow abundantly. The fruit experts will nave an od- portunity'of seeing one patch of straw berries near Myrtle Point, which has made an enormous yield this year. The patch is 100 feet square and the owner is taking J 15 worth of berries from it every day. He will obtain a gross Income of 500 from the patch before the season is closed. The fact that there is so much avail able-sand for fruit culture makes the; New 45,324 Ton THE LABGE8T STEAMER HT THE WORLD Sails from - NEW YORK XIUs liaUMfXlOl DlJam OLYMPIC JULY 6 AMERICAN HIVE Atlantic Transport Line Hew Tsrk tssiss Bired RED STAR LINE Sew Tia Psiu aalsau p fails WHITE STAR LINE Sai i aaaiw a Uvcrseel July 2T Aug. 17 Sept. 7 Sept. 28 WHITE STAR-DOMINION MsaMtrcslTWsaKc Urcryl HEGANTIC & "LAUREinC" LsissssaiSPlBjislsjSssiaera Only Four Days at Sea to auaops is oostrosi ai lamin RAITS Twia Screw Si "Canada" and "TesdMde ONK CLASS (ID CABIX BTOVICS . THIKD CLASS OLOSMD ROOMS Baf Bass eheakvd Sssoagk to Staasasr ti Bnbark alia saCsss salUas. JU aetal ar Boston lueenstown Liverpcoi. Company's Office, Boom "B" Bailey Bntldlnc. Second and Cherry Sta, Seattle Or Local Railway and Steamship Agenta j , movement now a highly important one for the community. In all there are 1700 acres planted in fruit in the oounty. Of this. 650 acres were planted within the past three years. It is esti mated that the cleared and uncleared land available for fruit in the county is 70,000 acres. The lands of all kinds suitable for fruit planting in this coun ty probably will average HO an acre in value. The state fruit experts will give the people advice as to the best methods to be followed for successful fruit cul ture In this county. INDIANS ADOPT NEW IDEAS Chiefs Deposed When Nes Perces Try Commission Government. i LSWISTON, Idaho, June 17. "Pro gressive" legislation has. found favor among tbe Nes Perce Indians and the commission form of government has superseded the old rule of the tribal chiefs which had been in force for hun dreds of-years. At a meeting of the tribe at Lapwal, Idaho. 12 commissioners were elected who will govern the tribe in future. They were selected from different seo- ions of the reservation ana win meet monthly. PHARMIC1STS ASK, SECRECY Papers Urged Not to Print Names of Poisons Used by Suicides. SPOKANE, Wash., June 17. The Washington State Pharmaceutical As sociation, which opened its annual con vention here today, adopted resolutions asking the newspapers to avoid print ing the names of poisons used in sui cides and murders. Cornelius Osseward, of Seattle, in his annual address attacked the state Pharmacy Board, which, he said, had failed dismally in enforcing the laws and declared the state laws should be revised. 11 - TRAVELERS' GUIDE. Canadian Pacific ' "EMPRESS OF THE ATLANTIC" AND OTHER STEAMSHIPS. MONTREAL, QUEBEC AMD LIVERPOOL VIA THE SCENIC ROUTE TO EUROPE 1000 MILES OK THE ST. LAWRUNCS RIVER AND LESS THAN FOUR DATS AT SUA 2638 MILES. PORT TO PORT THE SHORTEST OCEAN PASSAOS First Cabin S9t.80 and up ' Second Cabin .SA3.7S and op One-Class Cabin 2d-claas) $40.08 and ap Vhlrd-Class Lowest rates on request, Canadian Paclflo offlcs, corner Tblrd and Pins (Multnomah Hotel bids.). Portland. and all local agents. LOS ANGELES AND SAJC DIEGO STEAMSHIPS YALE AND HARVARD. Railroad or any steamer to San Fran cisco, the Expo city. Largest, fastest, and the ONLY strictly first-class pas sengec ship on the Coast. Average speed 28 miles per hour; cost 12,000.000 each. SAX FRANCISCO, PORTLAND la A S. S. CO. Main 628. Frank Bollim, Aceat. A 4tt(. . 128 Third Street. San Francisco, Los Angeles and San Diego Direct S. S. Roanoke and S. S. Elder Sail Every Wednesday Alternately at S F. St,. NORTH FACTTI0 S. S. 00. 122 A Third St. Phones Main Ml. A Ml The Carnival of Roses though beautiful, is but a "fleeting show," while the long stretches of bitulithic paving call forth the admi ration of Portland s visitors the year through. EXPRESS STEAMERS FOB '. ban Francisco and Los Angeles " WITHOUT CHANGE " 8. S. Beaver sails 9 AM. Friday, Jane 21. IRE BAN FRAN. PORTLAND S. b CU. Ticket Office lis TUird Street. Phone: Main 2 SOS. A IsOS. COOS BAY LINE STEAMSHIP BBBAKWATEB sails from Ainswortb Dock. ' Portland, f A 1L Mar 1. S. la. la. 28 and 28: Jun X 7. 12. 17. 22 and 2T. Freight rscslvsd al Ainswortb Dock dally un o I ?. k Pas senger far, flrst-class, $10.00; second-class, 17 CO, Including bsrtb and maala - Ticket otflce Alnawonh Dock. Pbonss Mala SIMM A 2232. AUSTRALIA AND NEW ZEALAND (Union line of N. Z.) VIA TAHITI AND WELLINGTON. - Direct tiirougb stsamsrs, sailing zrom Saa Francisco May 20, Jun 28. and avary 21 day to Tahiti. Rarotonga, Wellington and Sydney. The Una ta 11 of tbe South Seas. r reservation Coupon Railroad Agsnts r address Hind. Rotph V Co. Kan rranelseo. J.C. WILSONcfeCO. STOCKS, BONDS. GRAI AND COTTON MEMBERS NEW YORK STOCK EXCHANGE NEW YORK COTTON 1CXCIIA.VOH CHICAGO BOARD Of TRADE THE STOCK AND BOND EXCHANGE, SAN FRANCISCO. Main Office Mills Bldg., San Franelsee. -Branch Offices Vancouver. Seattle. Port land, Los Angeles. Saa Diego, Coronal Reach. PORTLAND WKr II E! Mala Floor Lumbermen Bank Building. Fifth and Stark. Hioiics Marshall 1120. A 1J7,