19
THE MORNING OREGONIAN, THURSDAY, JUNE 27, 1913.
CLIP NEARLY SOLD
Only Two to Three Million
Pounds of Wool in Oregon.'
PRICES ARE AT FIRM LEVEL
Eastern Markets Are Gradually Ad
vancing and Should Soon Be on
Parity With the West.
' .Activity In Montana.
Between 17.M.9 and 1.0.00 pound
it Okioh wool have been old to date, ac
cording to estimates made by dealers. With
nly 2.O0O.OO to 3.O00.00S pounds left In
rowers' hand in this territory the season
mat. ha ! In ha, ftlmOKt St SJ1 end. T'VO
Important sale are yet to occur, one at
Heppner today, when anout swv.vw pvuhm.
Kill be offered, and the second. Bhanlko
I wht.h will nnur On July 6.
The market continues firm, yet buyers
re disposed to operate more cautionary in
this state, as It Is yet uncertain what ef
fect the political situation will ' have on
the eastern market. The Western markets
re higher than the Eastern, but it does
not look aa If values In the Kast can long
lag below a parity with Western prices.
Dealers cannot buy wool In the West, trans
port it to Boston and sell it at or below
h. nain. Either the West must
fall or the East rise. There is no sign yet
that Western prices will aecune. ixn oiu
stocks exhausted In the Boston and other
Eastern marketa there is no excuse for
merchants making price concessions, and
the markets there are. therefore, moving
up to meet the new level created by pri
mary deallnga In the new clip. The ad
vance so -far has been more marked In
fleece wools than In other grades.
Eastern prices of new territory wools have
not risen. The wools now being sold are
these which were contracted early, at low
flguses. and at current selling valuea they
yield a fair profit to the sellers. When
the more recently purchased wools are put
on the market it la probable that a dif
ferent atory will be told. The statistical
position of the market should then asserf
Itself, unless political affairs have an ad
verse Influence. With practically no wool
to carry over and supply from the West
expected to be short. It may be necessary
for the dealers to Import a large amount
of the fine Australian wools to take the
place of the fine American wools. But
abroad, too. there are some "very strong
prteea being quoted, for the mills In those
eonntrlea are consuming a large amount of
wool, and prices are being held very firmly
by -the foreign dealers.
The principal activity In the West is in
Montana. The Wilson clip of about 350.000
pounds. Is reported sold to a Chicago firm
at 23 cents. This Is an average half-blood
clip and Is estimated to. have been pur
chased on a clean landed cost In Boston
of fully (0 cents. The Hamilton clip of
about 250,000 pounds' is said to have been
taken by a Boston house at I0 cents,
also estimated to cost 60 cents landed
Boston. Other miscellaneous purchases
have been made at prices ranging from 20
sent upwards, clips purchased at 20 and 11
cents being estimated to shrink from 2-863
per cent. Probably about SO per cent of
the clip In Montana has been contracted.
Three-quarters of the Wyoming clip has
slso been sold.
In California there has not been much
Interest shown up to the present time, and
the buying that Is being done is confined
largely to the local operators. . From .all
Indications it would appear that the bulk
Jf the California wool will go East on con
signments. In Texas 100. 00O to 400.000 pounds have
bean secured at private sale, at prices which
indicate a clean landed cost of 60 and 65
cents for eight and 12 months wools re
spectively. It Is estimated that about 7( per cent
of the new clip of the country has now
passed out of the growers' hands and the
remainder of the clip will probably be
cleaned up within the next 30 days or so.
EXPORT FLOUB ORDERS ARB 8MAIX
Wheat Trade Is Nominal High Price Paid
For Snipe.
A few export flour orders are coming
into the Portland and Sound markets, but
the aggregate volume of business being done
In this line Is not large. Patents are
ateady and unchanged. The mtll feed mar
ket continues firm.
There were no new developments In the
wheat trade yesterday. Interest In the new
crop was light and prices were nominal.
The taking of the Oalgate at 87s d marks
the highest freight market known here
for seven or eight years. One year ago
the prevailing rate was 27s sd. About .a
dosen yeara ago grain ships secured as
high as 60s at this port. The steady ad
vance In ocean freights this season makes
more probable the shipment of much wheat
by rail to the Eastern Statea.
- Local receipta In cars were reported by
the Merclisntai Bgirawnita as follows:
Wheat Barley Flour Oats Hay
Monday 22 . . . IS 2 12
Tuesrtav 14 1 11
Wednesday ... 1 1
Year ago 10 t 8 S
Sasn to date.lS.43 JJt 2535 1012 5S14
Year ago 11. SM 712 2J.S1 958 3009
ANOTHER SHIPMENT OF PINEAPPLES
First Lot Received Is Kntlrely Cleaned Up
' Berries steady.
The second large ahlproent of Hawaiian
pineapples will arrive today. The first
shipment of two carloads, which came in
Snturdsy. has been entirely cleaned up.
Receipts of peaches were large yesterday,
and good stock sold readily at $1.25 a box.
Perries of all kinds were plentiful and gen
erally steady. Red currants were quoted at
$1.500 t.SO a crate.
New potatoes were lower, at 103 cents
a pound. There was only a small Inquiry
for old stock. California cucumbera were
In large supply and offered at $1.25 a box.
EGO 'stTPri-T SMALL, PRICES FIRM
Chickens Sell Well, Bat There Is No De
mand for Darks.
The egg market was firm with the de
mand now exceeding the supply.
Poultry stocks were plentiful and chick
ens sold well, but without any advance in
prices. Ducks were the weakest feature of
the market.
Dressed veal was firm at 13 cents for
the best. Pork waa ateady.
The steady rain Insurea a plentiful sup
ply of butter for some time yet but stor
age operations keep local stocks down and
the market Is steady. Cheese la closely
sold up and firm.
Hop Contract Made at 19V4 Cents.
A hop contract made in the McMlnnviUe
section yesterday at 19H cents was the only
business in 1912s reported during the day.
There was- no demand for spot bops.
The latest press quotatlona on spot Pa
cific hops In the London market were 9
IftsffllO 3s.
Another Decline In Sugar.
There was another 10-cent drop in sugar
yesterday, following the second decline in
the Eastern market." Good crop prospects
in Cuba and Europe are the cause of the
weakness.
PORTLAND MARKETS.
Grain. Floor. Feed, Eta. '
WHEAT Track prices: Bluestem. 88c:
club. fte; red Russian. S9c; Valley, SOc: 40
fold. Wc
LOIR Patents $5.10 per barrel:
straights. ,4.70; exports, $4-20. Valley, $3.10.
HAT Timothy, $144) 17: alfalfa. $11: cle
ver. 8; oats and vetch. $1011; grain
hay. $9.
MILLSTUFFS Bran. $28. SO per toa:
shorts. I2S: middlings. $11.
COPN Whole. $39; cracked." 40 pet toa.
OATS No. 1 white, $3S3t per ton.
t
Tegetablee and Fruits.
BERRIES Strawberries. 75crl per
crate: gooseberries, 2&3feo per pound: rasp
berries. L26 per crate: loganberries, $10
l2a per crate.
IRul"cL FRUITS Oranres. navels.
12.508 S.2.1; California grapefruit. 3 CO O 4 :
lemons. 5.50jj per box: pineapples, to per
pound.
FRESH FRUIT Cherries. S9c per
pound: apples, old. $1.503 per box: oprl
ccts. $1.25 it 1.50 per box; cantaloupes, $2.25
2.75 per crate; peaches. $1.2S per box;
currants, 81.50&1.60 per box.
VEGETABLES Artichokes. 5473o oer
doxen: asparagus. $1 per box: beans, v
Sc: cabbape. 24c per pound: cauli
flower, $2.75 per crate; ce'ery, 5 per
crate; corn. 30c per doien; cucumbers,
$1.2.1 per box: eggplant, 23c per pound;
head lettuce. 12c per doxen; hothouse
lettuce. 75ctf81 per box; peas. 6 ic per
pound: peppers. 22tte per pound; radishes,
16ft20c per dozen; rhubarb. 2Hc per pound:
spinach, itpac per pound; tomatoes, $1.75 vl
per box; garlic, 8 10c per pound.
POTATOES Jobbing prices: Burlianks.
old. Jit) 1.2.-. per hundred; new, per pound.
1H92C
ONIONS California , red, $1.25 per lark.
Dairy and Country Prod-nee.
BUTTER Oregon ciesmery butter, cubes,
or solid pack. 2c per pouud: prints, 2Sc per
pound.
EGGS Fresh Oregon ranch, candled. 22c
per dosen. case count. 21c. -
CHEESE Triplets and daisies, . luo per
pound; Toung America, 17c
POKK Fancy. luy lotec per pound.
VEAL Fancy. 12V4 91SC per pound:
POULTRY Hens. 12612ttc; broilers. ISc:
ducks, young, 11c; geese, loj llo: tur
keys, live, 17016c; dressed. 24'u2.'c.
Staple Groceries.
SALMON Columbia River. one-pound
tails, $2.25 per dosen; eight-pound tall
$2.95: one-pound flats, $2.40; Alaska pink,
one-pound talis, tl-35.
COFFEE Roasted. In drama 2HOK
per pound.
NUTS Walnuts. 16CieVie per pound:
Brazil nuts, 12 Ho; filberts. 14 815c: al
monds, 17 5 21c; peanuta. 18c; eocoanuta, 00c
W$l per dozen; chestnuts, 12 Vac per pound,
nlckory nuts. 66 10c per pound.
HONEY Choice. $3.15 per case; atrained
honey. 10c per pound.
SALT Granulated. $15 per ton; half
ground. 100s. $&.50 per ton; 50s, $9 per ton.
BEANS Small white. 5.40o; large white,
5.20c; Lima, 6.60c; pink. 8 toe; Mexicans,
4c; bayou, 4c
KICE No. 1 Japan. 6c; cheaper grades.
5&0c; Southern head. 607Vr.
SUGAR Dry granulated. $5.h; fruit and
berry, $5,85; Honolulu plantation, $5.80;
beet. $5.o5; extra C, $5.35; powdered, bar
rels, $tS.lo; cubes, barrels. $o.25.
DRIED FRUITS Apples. 14o per pound;
apricots. IseiSVsC; peaches. 12(14o;
prunes. Italians, lOfeeiutfcc; sliver, I So;
figs, white and black. 6V0 7c; currants.
7 He; raisins, loose. Muscatel, otIc;
bleached Thompson, like; unbleached Sul
tanaa 8fec; seeded. 7tt8ttc; dates, Per
sian, iVc per pound; Faro. Lo per hex.
Provision.
HAMS All sixes. lTtjlBc; skinned. 17sO
18c; picnics, 12c; boiled, 2tttoc
BACON Fancy, 25Vi20wo; choice. 20 is
021'.ic-
D.1Y SALT MEATS Backs, dry salt, 11 H
012Vic; backs, smoked. 13914c; bellies, dry
salt. 13Vsc; bellies, smoked, loo.
LARD Tierce basis, choice, 1314e; com
pound. 9Vko; leaf, three-pound valla, 88.M
per case.
MISCELLANEOUS Pigs' feet, kits. IL85;
sliced beef. Insidea, $23 per case; dried beef.
Insides. 25e per pound; bologna, canvas
back. 10e; minced ham. 12a
Hope, Wool and Hides.
HOPS 1912 contracts. lVs920c; 1911
crop, nominal, 80&32 Vsc.
MOHAIR Choice. 32c per pound.
VOOL Eastern Oregon, 14919Vie pe.
pound, according to shrinkage; Valley, 2oO
22c per pound.
PELTS Dry. 121113c; fun wool bntchsl
pelts. 1 2541.73; shearings. 1093'je.
HIDES Salted hides, 12c per pound;
salted calf. 2021c; salted kip. lis) 12c;
green hides, 10c; dry caif. No. L 25c; No. "b,
20c: dry hides, 19(7 20c; salted stags,
7 14 8 8-:: green stags, 8VitT7c.
CASCARA per pound. 5tt6c.
GRAIN BAGS In car lots. lOfllOito.
Unseed Oil and lurpcctlna.
LINSEED Oil. Raw. barrels, 88o: boiled,
barrels, 90c; raw, cases. 93c; Dolled, cases.
5c
. TURPENTINE Cases. 9c; barrels, MVse
-r
"'-, "Bank Clearings.
Bank clearings of the Northwestern cities
yesterday wure as follows:
Clearings. Balances.
Portland ti.Bls.SU3 $ "J1.541
Seattle 2.307.6X4 2ST.342
Spokane 089.942 141,003
HOGS ADVANCE NICKEL
SMALL IXAI SELLS AT $7.85- AT
XORTH PORTLAXD YARDS.
Xo Cattle Are Received During the
Day Sheep Market Holds.
Steady.
No cattle were received at the stock
yarda yesterday, only five cars of hogs and
sheep coming lh. The trading was. there
fore, entirely In these lines.
A nickel waa added .to the top hog price
by the sale of a small load at $7.85.
Lambs sold from $4 to $5.75. according
to quality. The sheep market in general
was steady.
Receipts yesterday were 87 hogs and 434
sheep.
Shippers were F. L Hibbs, McMlnnvllle,
2 cars of sheep and hogs: A. B. Gale. Dallas,
1 car of sheep and hogs, and T. Kopplln.
Plainvlew. 2 cars of sheep.
The day's sales were as follows:
weignt. rrice.
33 mixed sheep
9 yearlings
193 lamba
19 lambs
Ill lambs
17 lambs
31 hogs -
2 hot,
114 $3.65
S.7S
8
60
73
6.1
1SI
335
3
4.2r,
3.75
4.00
7.83
6.23
The range of prices at the yards was aa
Choice" steers $rf..lHi $8.75
Good steers ' tt.254 6.30
Medium steers . .. 6.004 6.25
Choice cows . 5.756 6.00
Good cows
Medium cows
Choice calves
Good heavy calves
5. 30 t 5.73
.. 5.009 5.50
.. 7.00SJI 7.75
.. 6.00 6.50
.. 3.50$? 5.00
. . 4.75 0 6.35
. . T.00 7.S3
. . (.009 6.50
Bulls
Stsgs
HogS
Light
Heavy
Sheep - . .
Tearllngs J?g
Wethera rllE Zk
Evrrm $.00 W 3. lO
Lmbs & S.
Omaha Livestock Market.
OMAHA. June 26. Cattle Receipts. 2300;
market, steady to 5c to 10c lower. Cajves,
ft.509.30: cows snd heifers. $.1,806 .;
Western steers. $5.308 8.20; Texas steers,
$4.304 6.23; cows snd heifers, $.1.jOj 6-i:
cunners. $2.50J 4.23: srockers and feeders.
$4.23f7: calves. $4.757.75; bulls, stags,
etc.. $4 6.tW. . .. ,
Hogs Receipts. 14.700: market 5c lower.
Heavy, $7 H3fi 7.30; mixed, $i.2oj7.oo; light,
$77.40; plgi, $6 7; bulk of sales, $7.2i
7 4X
" Sheep Receipts. 1SO0: market, steady.
Tearllngs. $3S5.50: wethera 14.30&4.SO;
ewes, t2.50tf4.30; lambs, $6.5Og.0O.
Chicago livestock Market..
CHICAGO. June 26. Cattle Receipts.
2O,0VO; market, slow to generally Wr lower.
Beeves. $3.83t9.50: Texas steers, $3,250
7.60: Western steers. $4336 7.90; stockers
and feeders, $4j6.0: cows and heifers, $2.60
6 7.75; calves. $3.50es.2i.
Hogs Receipts, 32.000; market mostly
10c lower. Light. 7.107.52v,; mixed. 17.15
i?7.574: heavy, $7,108 7 ; rough, $7.10
7.30; pigs. $5.208 6.80: bulk of sales, $7.40
Shaep Receipts, 25.000; market, weak,
mostly 23c lower. Native, $3.20tJ3.1O: West
ern, $3.3595.10; yearlings, $4-O6.70;
lambs, native. $4 47.3o; Western. $4-25
T.SO; Spring lambs. t."aj5.73.
Water Pressure to Be Assured.
VANCOUVER. Wash, June 2. (Spe
cial.) Residents of Vancouver must
turn off the water on the lawn when
the fire bell rings, if an ordinance
which will be presented at the next
council meeting; passes. After the fire
another whistle will be blown granting
permission to sprinkle again. When
the weather is dry the pressure Is re
duced to such a point as to make it
dangerous in case of fire.
STEEL
PRODUCTS UP
Advance in Prices Helps the
v Stock Market.
BUOYANT AT THE CLOSE
Political Considerations Have Little
Effect on Speculation Two Mil
lions In Gold Exported to
Paris Bonds Firmer.
NEW YORK,. June 26. Developments of
primary Importance In today's dull but
strong stock market included the long-expected
price advances in certain finished
articles of steel and Iron by several of the
leading manufacturers and another, $2,000,
000 gold export to Paris.
The market seemed to detach Itself from
political considerations. Cains of a pMnt
were registered by many active issues In the
early dealings, while some specialties moved
In a sensational manner with a .new high
record for American Tobacco.
Later the electrical issues and certain
semi-active stocks such as Louisville A
Nashville and Norfolk Western were
taken up,-with further improvement In other
groups tinder the lead of Steel which
strengthened the entire list and produced a
moderately buoyant close.
Norfolk & Western convertible 4s were toe
feature of the bond department ' for the
day with a two-point rain. - Total sales,
par value, aggregated $2,073,000. - , United
States Government bonda were unchanged on
call. .
CLOSING STOCK QUOTATIONS.
wiosins
Sales.
Allls Chal pf , -
Amal Copper . . 14,000
Am Agriculture..
Am Beet Sugar. 2.900
American Can .. 11,800
Am Car Fdy. 400
Am Cotton Oil.. ' 200
Am Hd & Lt pf
Am Ice Securl. . 700
High. Low.
Bid.
2
8
o
74
36
39
52
24
27
14
42
86
107
33
130
146
100
2S
43
107
103
139
108
37
88
264
25
92
893
79
23
17
34
137
105
60
32
41
141
15
168
19
35
83
84
52
42
174
134
42
128
20
5S
118
18
16
26
12
25
60
105
139
18
144
27
60
37
157
58
SO
118
34
116
82
1?0
32"
123
114
108
22
35
16l
167
36
25
81
25
51
86
83
76
HO.
28
73
43
23
14
78
170
90
78
66
70
110
63
49
4
13
57
74
" 82
175
34
22
302
86 833,
75" 'ii"
36 35H
3 ) 59
53 . 521,
'HM 'H'M'
'4214
86V . 85
36'" '"
13014 1294.
146 H 143
44" 'Hi
107 107
i.isii i3i4
1IS4 108
38.V4 3714
8S1 871.
2041k 23?i
'7914 '78
3414 3414
13714 137
.103 1044
'3214 'si"
Hi" mi,'
1514 1514
16814 10814
'83 '3314
34 S 84
174S 17214
134 13314
421. 41
128 V4 127
20 20'
59 68 T4
118 118
'i "1014'
26 26
'25 '25
60 60
iseii iisii'
iis" 14
2814 2814
'ii'hi 'ii"
158 156
5814 58 -81
81
118 117
ii 113 .
82 82
121 14 120
32 32
123 12314
11314 ' 11314
108 14 10
22 22
33 85
161 161
167 - 166
36 33
23 241.
81 80
25 23
52 51
86 86
iio' iio
28 28
74 74
44 43 '
23 23
170 568
'7814 '76'
66 66
71
110 110
64 63
"4 "i"
14 . 13
"74' '73' ' .
83 82
173 174
34 33
2' 21
803 300
'54 '54
Am Linseed . . .
Am Locomotive,
Am Smel A Ret
do preferred..
Am Steel Fdv . .
600
2.000
40O
Am Sugar Ret, 21.000
Am Tel & Tel.. 1.000
Am Tobacco pf.
Am Woolen ....
Anaconda M Co
Atchison
do preferred. .
Atl Coast Line..
Bait & Ohio s..
Bethlehem Steel
Brook R Tran..
Canadian Pac . .
Central Leather
do preferred. .
Central of N J..
Ches & Ohio . . .
Chicago & Alton
Chi Gt West . . .
do preferred. .
Chicago & N W
C. 51 & St Paul
C. C, C & St L..
Col Fuel ft Iron
Col ft Southern.
Consol Gas ....
Corn Products .
Del ft Hudson..
D ft R Grande..
do preferred..
Distillers' Secur
Erie
do 1st pf ....
do 2d pf
Gen Electric ...
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 ft Nash..
Minn ft 8t L . ..
M. S P ft S S M
Mo. Kid ft Tex
do preferred.
Mo Pacltlc
Nat Biscuit . . ...
National Lead ..
N Ry Mex 2 pf.
N Y Central . . .
N T. Ont ft Wea
2.800
8.5O0
"'206
3.400
1.400
700
2,200
300
2.900
"206
20O
20O
1.90O
"'206
'"960
5O0
100
1.500
2.SO0
3.0O0
2.5110
400
1.1O0
1,700
400
200
' V.8O0
200
""406
100
' i'.ioo
' i'.ioo
100
' i',660
1.400
400
200
1.100
Norfolk ft wes
18.000
North Am
Northern Pac . .
Pacific Mall . ...
Pennsylvania ...
People's Gas . ..
P, C C ft St L..
Pittsburg Coal
Pressed S Car..
aw
a. 100
200
700
1,400
1.4O0
800
IOO
Pull Pal Car
10O
Reading 48,600
Ry Steel Spring. 800
ncmihllc Steel 2.40O
do preferred.. 2.400
Pock IsUnd Co. 300
do preferred.. S00
St L ft S F 2 pf 100
St L Southwest.
do preferred..
Sloss Sheffield ..
Southern Ry . ..
do preferred..'
Tenn Copper . .
Texas ft Pac . ..
Tol, St L ft Wes
1.800
1,700
500
600
100
ao preierrea. .
Union racinc .
. . 28.800
do preterrea.,
U 8 Realty
IT S Rubber . . .
V 8 Steel
do preferred..
Utah Copper . ..
Va-Caro Chem .
Wabash
do preferred..
Western Md . . .
Westing Elec . .
Western Union .
Wheel ALE..
1.800
600
77.00O
1.300
1.200
""400
1.4O0
' 2.600
200
11.000
1.000
GOO
Chlno Copper ..
Ray Consols . . .
Am Tobacco
Seaboard Airline
4.700
-'4
54
rl, preferred.. 300
Total salea zor xne oay. a, iw snares.
BONDS.
NEW YORK. June 26. Closing quotations:
U S ref 2s reg..l00N Y C gen 3his. 874,
do coupon ...100
No Pacific 3s... 69
U S 3s reg 102
do coupon ...102
N S new 4s reg. 114
do coupon ...114
D ft R G 4S 85
No Pacific 4s... 99
Union Pacific 4s.l00
Wis Central 4s.. 91
.Japanese 4s .... So B
Mining Stocks at Boston.
BOSTON. June 26. Closing quotations:
Alloues 48 BiMohawk 71
malg Copper. . -86Nevada Con .... 22
A Z L ft Sm... 32Nlpissing Mines. 7
rliona Com .. 5 -North Butte..... 31
B ft C C ft S M. 7, North Lake 6
Cal & Arizona.. 76 Old Dominion... 59
t'al ft Hecla 33 lOsceola 128
Centennial 25 Qulncy 93
Cop Ran Con Co 60 Shannon 16
E Butte Cop M. 13, Superior 47
Franklin 12 Sitp ft Boa Min.. 2
Glroux Con 5Tamarack 45
Granby Con .. 56 BiU S s R ft M... 45 .
Greene Cananea. 10 do preferred... ?0
I Royalle (Cop) 35 Utah Con . .- 11
Kerr Lake 2 Utah Copper Co. 64
Lake Copper.... 39'Winona 6
La Salle Copper 7 IVolverine ......112
Miami Copper.. . 28 I
Honey, Exchange, Ktc.
NEW YORK, June 26. Money on call,
steady. 2 6 2 per cent; ruling rate, 2;
offered. 2.
Time loans, steady; 60 and 90 days. 3 8
3 per cent; six months, 34 per cent.
Prime mercantile, paper. 4Q4 per cent
Sterling exchange, arm. with actual busi
ness in bankers' bills at $4.S475 for 60-day
bills and at $4.8720 for demand.
Commercial bills, $4.84.
Bar silver. 61 c
Mexlcan dollars. 48c
Government bonds, steady ; railroad bonds,
linn.
LUSUUH. June 1a L .....,.
28 3-16d per ounce. Money, 22 per
- A alunnnt In the AMn Tlljr.
ket for short bills is 2 2 15-16 per cent;
three months bills, t 13-18 per cent.
SAN FRANCISCO, June 26. Sterling on
London, 60 days. $4.84; sight. $4.87.
Silver bars." 61 c
Mexican dollars, nominal.
Drafts Sight, Sc; do. telegraph. 6c
Condltioxt ef the Treasury.
WASHINGTON. June 26. At the begii
nlng of business today the condition of tiie
United States Treasury waa:
Working balance In Treasury of-
(ices $ 70,969.015
Inbanks and Philippine treasury 86.803.795
Total of general fund 138.161.381
Receipts yesterday 2.775.148
Disbursements 1.265,664
Surplus to date this fiscal year is $8,339.
ST7. as against a surplus of $18,383,385 at
this time last yaer.
These figures exclude Panama Canal and
public debt transactions.
Dried Fruit at New York.
' NEW YORK, June 26. Evaporated ap
ples steady, with, a email Jobbing trade.
Ot the spot fancy are quoted at 914 to
10c; choice, Sw9c; prime, 77c
Prunes dull and largely nominal. Quota
tions range from S?9c for California
up to 30-4Os and 69c for Oregons.
Peaehea dull and barely stead. Cholea,
T 4Sc: extra choice, 98c; fancy. 8
iOc y
SAN FRANCISCO PRODCCB MAKKXl
Prices) Qoo4ed m the Bay City few Tact
tables. Fruits, Etc.
SAN FRANCISCO. June 26. The follow
ing produce prices were current here today:
Fruit Apples, choice. $L23; common. 6o:
Mexican limes. $5.5091; California lemona
choice. $5; common, $L50; navel oranges,
LM)2.75; pine apples. $3.5004.50.
Cheese 1516c.
Butter Fancy creamery, 28c.
Eggs Store, 20c; fancy ranch. 22 c.
Vegetables Cucumbers, 75c4J$l; garlic,
26 3c; green ptas. $1.502.25; string beans.
3(5c; asparagus. 40c?sl.25; tomatoes, i3c
fell; eggplant, 1215c.
. Potatoes River Burbanks, $11.50; Ore
gon B urban ks, $lijL25; Early flose. 80c
$1.23.
Has- Wheat, $13.50621; wheat and oata
$lo 504 19: alfalfa, $11 4 13.
Receipts Flour 714 quarter sacks: wheat,
120O centals; barley, 4SSO centals; potatoes,
4510 sacks; hay, 610 tons.
. .
Metal Markets.
NEW YORK, June 28. Copper quiet but
firm; standard snot and June, 1717.50c;
Julv, 17. 10S 17.32 tic; August and Septem
ber. 17. 12"i j 17.50c ; electrolytic, 17c; lake,
17 S17c; casting. 17 J17c ..
Tin Firm. Spot. 4.734c; June. $4b.S5
48.10o; July, 44.55046c; August, 44.33 f
43c.
. Lead Steady. 4.40M.55c.
Spelter Firm, 7.054y7.25c. .
Antimony Dull ; Cookson's. 8c
' Iron Firm, unchanged.
Copper arrivals at New York today. 400
,nna- a.nnrr. this mAAfh 10.939 tons. Lon-
don copper firm. Spot, 78 5s: futures. 79
2s Gd. Lonaon tin lirm; spot, tui iw. su
tures, 190. London lead. 17 18s 9d: local
sales, 5000 pounds. London spelter. 25 15a
Iron, Cleveland warrants, 57s id In Lon
don. ' Hops at New York.
NEW YORK, June 26. Hops easy. 8tate
medium, to choice, 1911, 340c; Pacific
Coast, old, 15 21c
WEST SEES SELF VICTOR
GOVERNOR THINKS DESCHUTES
FIRSI WlXIi "BE GOOD."
Information Received From Wash
ington, J. C, Is to Effect New
Contract May Be Forced.
SALEM, Or., June 26. (Special.) -.
Announcing- that he is now satisfied
that the Desert Land Board has J. E.
Morson and the Deschutes Land Com
pany in the "place where he wants
them" and that under information
which he has just received from the
Commissioner of the General Land
Office he can force the company to
enter into an entirely new contract
which will be completely satisfactory
to the Desert Land Board, Governor
West today expressed himself as con
fident that he has won his victory
over Morson and the Deschutes Land
Company.
"Perhaps the LaPine Commercial
Club may now draft resolutions de
claring Fred Dennett, Commissioner of
the General Land Office, as unfit for
his duty, when the club sees the let
ter that has been received," was one
of the comments of the Governor.
The Commissioner of the General
Land Office says openly that he be
lieves lt will be better that the Inves
tigation into the Deschutes Land Com
pany be completed before the applica
tion for the easement of the Crescent
Lake Reservoir be approved. Some
time ago Governor West wrote to the
Department of tthe Interior, setting
forth his views as to the Deschutes
Land Company and asking that an in
vestigation of the company's affairs
te made.
The Desert Land Board has started
a suit against the Deschutes Land
Company to enjoin it from further sell
ing options or assignments of liens of
lands' on the Carey Act project near
LaPine and now the Governor intends
to force his hand, backed by the De
partment of the Interior and to make
the Deschutes Land Company enter in
to a new contract which will be en
tirely satisfactory to the board before
it will recommena to the Department
of the Interior that the easement for
the Crescent Lake Reservoir site be
approved. It is stated at the executive
offices that this reservoir site will be
essential to the future development of
the tracts and that without such a site
it will be practically impossible for
the company to go ahead, and conse
quently the Governor is satisfied that
he will be able to force the company
to come to the terms of the Desert
Land Board.
DAIRY EXHIBIT IS BLOCKED
Decision Says Commissioner Can't
Use State Fund.
SALEM, Or., June 26. (Special.)
That the State Dairy and Food Commis
sioner cannot maintain a dairy exhibit
at the State Fair, the expenses of the
exhibit to come from the State Dairy
and Food Commission fund, is the sub
stance of an opinion which was fur
nished today by Assistant Attorney
General Van Winkle.
It was also held that an insurance
company doing a marine and automo
bile business in addition to business
along other lines may appoint a super
intendent to have charge of the marine
and automobile business, providing
such superintendent shall not superseed
the general agent.
In response to a statement from the
Railroad Commission that Schanan &
Blair, contractors on the Multnomah
County Courthouse, have complained
that they have been overcharged on a
shipment of rock and that a civil suit
has been instituted to recover, the Attorney-General's
office has stated it
will withhold an action to' collect a
penalty, if such an action is started
until the civil suit is decided. Chair
man Aitchison, of the Railroad Com
mission, was of the opinion that the
alleged overcharge was not such a vio
lation as to warrant an action for- a
penalty and the Attorney-General so
far takes the same stand.
'
ASTORIA OFFICIAL GOES UP
G. W. Roberts Appointed District
. Agent of O.-W. R. & N. Co.
ASTORIA, Or., June 26. (Special.)
G. W. Roberts has received oniciai no
tice of his appointment as district
freight and passenger agent of the O.
W. R. N. Company, with headquar
ters In this city and he will assume
his new position July 1. taking charge
of the company's city freight and. pas
senger office.
Mr. Roberts has been the local rep
resentative of the company for several
v io -flnapnupTitlv familiar
with local transportation matters. He
will be succeeded as local representa
tive of the company oy r-. miiauvfm
purser of the steamer Harvest Queen.
. Iorle Gets Bottling Plant.
LTLE, Wash., June 26. (SpeciaL)
Arrangements have been completed for
. v. . Hm,i Af , V. TTlirkita.t Mineral
Springs Company bottling plant to
Lyle from Wright. The company has
purchased several iota iwijuiuiug t,n
railroad tracks, and Intends erecting
a modern bottling plant. The mineral
water will be brought from the springs
at Wright to Lyle in tank cars,
WHEAT TUBIIS HEAVY
Cooler Weather and Rains in
Northwest Weaken Market.
PRESSURE BY SPECULATOR
Movement of Xew Grain From Ok
lahoma May Be on Liberal Scale
Xext Week Corn Higher
and Oats Down.
rt7Trarn Tuna Cn r,T or weather In
Canada, with rain at several points., tended
to bring about a heavy leeling toaay in ib
wheat pit.
Pressure on the wheat market came al
most entirely from professional speculators.
There were predictions that the movement
of newly harvested wheat in Oklahoma
would be on a liberal scale next week.
Persistent buying; by prominent bulls
made the corn market take an upturn In
the last half of the day.
Cheap offers of new oats from Oklahoma
for July delivery here had a depreasing
effect
A larger run of hogs here and West easea
provisions at first, but Chicago packers ab
sorbed the pit supplies from outside sources
and led to a' rally.
The leading futures ranged as follows:
WHKAT.
Open. High. Low. Close.
July .......1.06 i.074 10 ?-"
Sept. ..... i.uss 5e
Deo. LOS 1.05 1.0454 . L05H
CORN.
July T3K .73 .TJ .V8H
Sent Tltt .72W .Tl .T2
Dec. .62 ; .63V. .62 .63
OATS.
' -it
Dec. 41 .41 .401 .40
MESS PORK.
July 18.B0 18.62 18.50 18.2
Sept. 18.82H 18.BTV4 18.82 18.87
Oct. 18.80 18.90 , 18.80 18.80
LARD.
July 10.77 10.SZ 1077 1J.8J
Sept 11.00 11.05 10.87 l-?,
Oct 1L07 11.12 11.05 11.12
SHORT RIBS.
July 10.87 10.46 10.7 16.45
Sept 10.57 10.05 10.57 10.65
Cash quotations were as follows:
Flou! Steady.
Rye No. 2, 76c
Barley Peed or mixing, 66971c; fair to
choice malting, 90c&$1.06.
Timothy seed $76 9.50.
Clover seed J144f20.
Pork Mess. 18.62 4J18.7I.
Lard In tierces, 110.82.
Short ribs Loose, ti010.5.
uram aiuuauva.
Total clearances of wheat and flour were
equal to xzi, uuu ousneis. x-riin-o- ""-"i"--were
236,000 bushels, compared with 694.
000 bushels the corresponding day a year
ago. The world's visible supply, as showr.
by ijraasireei s. ubwwbu -
els. Estimated receipts for tomorrow:
Wheat, II cars: corn. 194 cars; oats, 102
cars: hogs, 23,000 head.
Minneapolis Grain Market.
MINNEAPOLIS, June 26. Wheat close:
July, $1.091.00; September. $1.04;
December. 1.06. Cash: No. 1 hard.
1.12; No. 1 Northern, $1.11: No. 3
Northern. $1.10: No. 3 wheat. $1.08
$1.08.
Flax $2.17.
Barley 50 86 c.
Corn No. 3 yellow, 727Sc.
Oats No. 3 white. 44)&49c
Rvt No. 2. 78 74c
Bran $20 $20.50.
Floui- First patents, $5l405.65.
Paget Sound Grain Market.
TACOMA, June 28. Wheat Export:
Bluestem, 94c; club, 80c. Milling: Bluestem.
g80c; club, 86c. Receipts, wheat S cars,
barley 1, oats 1, hay 3.
SEATTLE. June 26. Wheat Bluestem,
92c; fortyfold. 88c: club, 88c; Fife, 8Sc; red
Russian, SSc. Yesterday's car receipts:
Wheat 4, corn 2, hay 11, flour 9, oata 1.
Grains In San Francisco.
SAN FRANCISCO, June 26. Spot quota
tions: Walla Walla, $1.60; red Russian,
$180; Turkey red. $L70L72; bluestem,
$1.651.67 ; feed barley, $1.52&1.5&;
brewing, nominal; white oats, $3.92 1.95;
bran, $27 27.50; middlings, $33 34; shorts.
$3
Call board sales: "Wheat December, $1.53
per cental bid.
Barley December, $1.45 per cental;
May, $1.50 per cental bid, $1.54 asked.
European Grain Markets.
LONDON, June 2B. Cargoes quiet but
steady. Walla Walla for shipment at Sa d
to 87a English country market firm. French
country markets firm.
LIVERPOOL, June 2. Close: Wheat.
July, 7s 8d; October, 7s 5d; December,
7s 5d. Weather, cloudy.
Changes In Available Supplies.
NEW YORK, June 26. Special cable and
telegraphic communicationa received by
Bradstreet's show the following changes In
available supplies as compared with pre
vious account:
Bushels.
Wheat. United States, east of
Rockies, decreased 1.910,000
United States, west of . Rockies,
Increased 78.000
Canada, decreased 1,777,000
Total, United States and Canada,
decreased 3.609,000
Afloat for and in Europe, decreased.4,200,000
Total. American and European sup-
plv, decreased ." 7,809,000
Corn, United States and Canada,
increased 914.000
Oats. United Statea and Canada,
decreased 1,877,000
The leading decreases reported this week
follow: Manitoba, 660,000 bushels: Cleveland,
119,000 bushels; Chattanooga, 50,000 bush
els. Xew York Cotton Market.
NEW YORK, June 26. Cotton futures
closed steady. Closing bids: June, 11.10;
Julv. 11.16; August. 11.25; September, 11.33;
October, 11.44; November, 11.48; December,
11 53; January. 11.48: February. 11.60:
March. 11.58; April, 11.60; May. 11.66.
Spot closed quiet. Mid-uplands, 11.60; do
gulf. 11.83. No sales.
-. Naval Stores.
44c Sales. 1045; receipta 916; shipments,
7 1. OA ,.1
Rosin firm. Sales. 2799: receipts, 2945;
. . . nr. U
shipments, oaoo, diul., o,,vw
iea.25: D. $0.406.50; E, .806.90; F.
& H S7.107.25; I and K, $7.2097.35; M.
$7.55.
Wool at St. Louis.
ST. LOUIS. June 26. Wool higher. Me
dium grades, combing and clothing. 23
2c; light line. 1923c; heavy fine, 15
17c; tub-washed, 24 36c
Duluth Flax Market.
DULTJTH, June 2ft. Close: Linseed on
track and to arrive. $g.2Q; June, ' $2.20,
Hot weather brings
disease
germs
into existence, if
breeding-places are
allowed to exist.
There are no germ
.breeding chuck
holes in bitulitnie
paving.
lumbermens
National Bank
Progressive
Accommodating
Attentive
Capital - - $1,000,000
LADD &TILTON BANK
Established 1869.
Capital Stock...... $1,000,000.00
BttrplM and Undivided Profit! 800,000.00
Commercial and Savings Accounts
Letters of credit, drafts and travelers checks issued, avail
able in all part of the world. '
OFTTTCl&Rfl
W. K. LsaM, rVewldemt.
1 .Zli.. i si.,
V. H. DuncaUer. Cashier.
First National Bank
Capital $1,500,000
Surplus 850,000
Oldest National Bank West of tha
Rocky Mountains ,
The Canadian Bank of Commerce
INCORPORATED 1887.
bead Office Toronto, Caaada. How York 1 Exehans. Place,
Lomdon 3 Lombar Street.
Orar two Imnared other branche. In the United State i ana ' Canada
Every care taken of collections. Drafta on all foreign countries ana
principal cltlM In United Statea and Canada bought and aold, aa
ecneral banking business transacted.
Interest allowed on Time and Special Deposit.
PORTLAND BRANCH, SECOND AND STARK STREETS
F. C KALPAS, Manaarer.
THE LARGEST STEAMER IN THE WORLD
New
45,324
Ton
OLYMPIC
AMERICAN LINE
Atlantic Transport line
ntm Tsrs Leaessj Ssrsct
RED STAR ONE
WHITE STAR LINE
ew Til a Isifsssta Umsssl
arwTsrl
Hjii
-Cberl
RiMtas Oneenstown liverpcei.
Company's Of fire. Room "B" BafleT MJI;''
Or I'cal Hallway and Steamship
nominal; July. $2.20 bid; September, 1.9T;
October, $1.90 bl4
Coffee and Sugar.
NEW YORK, June 26. Cofffe futures
closed .teldV. net two point, higher to five
noints lower. Pales 60,750 bags. June,
1369c: July. lS.c; August. 18.80c: Sep
tember. 13.91c: October. 13 6e; November.
To4o: December. 14.08c: January. M-lJe.
Februarv. 14.07c: March, 14.15c; April,
"fei saV", NO. T, IT,.. Bant",,
No i lc. Mild quiet. Cordova, 16
18Bawn.unBa,ralsteady. Muscovado. 89 teat,
3 lS?r centrifugal. 96 test. S.86c; molasseu,
S9 test. 3.11. Refined quiet.
Chicago Produce Market.
rmcAOO June 26. Butter Steady.
Cre2nerir.?-23&c; dairies 1. .
Ef-gs Steady. Receipts. 15.281 cases, at
mark ases included, 16 17c; ordinary
Brats. 17c; firsts, 18c-
Cheese Firmer. Daisies. liHc; twins. 1
ISc; Toung Americas, 15fc&15c; long
horns. 15i'l.Hc.
J.C.WILSON&CO.
STOCKS, BONDS, GRAIN AND COTTOM
MEMBERS
NEW YORK STOCii EXCHANGB
SEW YORK COTTON UXCHAWGB
CHICAGO BOARD OF TRADE
THE i STOCK AND BOND EXCHANGE.
SAN FRAN CISCO.
Main Office Mills Blag.. San rnmelseew
Branch Offices Vancouver. Seattle, Port
land, Los Angeles. San Diego. Coronndo
BMK" POBTTAND OFFICE:
Main Floor Lnmbermens Bank Building.
Fifth and Stark. .
Phones Marshall 120. A 41S.
S
WE WILL BUT OR SELL
Portland Home Telephone 6s.
Oregon Electric Railway 6s.
City & Suburban Railway 4s.
MORTGAGE LOANS.
J. W. CRTJTHERS A CO.,
1009 Board of Trade Bids.
-tfiSTOiy4r
INCORPORATED
CunsuLiint, ana
CONSTRUCTION ENGINEERS
PUBLIC SERVICE PROPERTIES
FINANCED and MANAGED
SO Plna Straet New York
BOND
Robert S. Howard, A sat, Caaklam
J. w. iadd. Asst. Cashier.
WUter M. Cawk, Ast. Cesklea
Sals from
JULY 6
NEW
YORK
July 27 Aug. 17,
Sent. 7 SeDt. 28
WHITE STAR-D0MIN101V
sl Uuinnl
"MI-ANTIC" & "LAOREtTir
mm 4M. Umwm Route
Only Four Days at Sea
to sunon a usbiim at hodbaatb
RATI
Tta Screw SS. -Caaads aH Teamfc
ova fAiar fin capnt bxrvksx -
Til Oil) JUK ClCMSJQ HOOKS
una ekeoksd Skseesh to atsaaser ta
Kmbsrk aiaM uafaca saUlaf. St
Seoond and Cherry Sta.' Seattle
TRAVELERS' GUIDE.
Canadian Pacific
"EMPRESSES OF THE ATLANTIC"
AND OTHER BTUAMUHIPS.
MONTREAL. QUEBEC AND UVEKPOOX
VIA THE
SCENIC ROUTE TO EUROPE
1000 MILES
ON THE ST. LAWRENCE RIVEB
AND
LESS THAN FOUR DATS AT BBA
2638 MILES, PORT TO PORT
THE SHORTEST OCEAN PASSAQH
First Cabin $9t.50 and tej
Seoond Cabin sjis.75 aod U(
One-Class Cabin 2d-class) $60.00 and us
Third-Class Lowest rate on request.
Canadian Paciflo office, corner Third aad
Pine (Multnomah Hotel hide). Portland,
and all local agents
EXPRESS STEAMERS FOB ,
San Francisco and Los Angeles '.
WITHOUT CHANGE
. 8. Rose City sails A. M. July 1st.
THE SAN FRAN. PORTLAND S. 8. CO.
Ticket Office 142 Third Street.
Phone: Slain 2605. A ' 1402.
COOS BAY LINE
oTEAMSlAir BREAKWATER
sails from Alnsworth Dock. Portland. A
JL hm.j 1. 8. It, 18. 28 and 28; June 2. 7.
12, 17. 23 and 27. Freight received at
Alnsworth Dock dally up to P. at- Pas
senger fare, flrat-claas. $10.00. secoudlass.
S7 00. Including berth, and msaU- Ticket
office AinsworUi Dock. Phones atala nuvu,
A 28X2.
San Francisco, Los Angeles
and San Diego Direct
S. S. Roanoke and S. S. Elder ,
San Every Wednesday Alternately st IP. 1L
' N0KTH PACIFIC S. S. 00.
122 A Third St. Phones Main 1814. A 1811
LOS ANGELES AND SA1 DIEGO
STEAMSHIPS YALE AND HARVARD.
Railroad or any steamer to San Fran
cisco, the Expo City. La r goat, fastest.
senerer ship on the Coast. Average speed
o 1 hnr. fnmt t ' flOOOUO ilAB.
UUIH "V , .
0A3t FRANCISCO, PORTLAND at U A,
S. S. CO.
Main 628. Frank Holla m. Agent- A 4S18.
128 Third Street.
AUSTRALIA AND NEW ZEALAND
(Union Line af N. Z.)
VIA TAHITI AND WELLINGTON.
Direct through steamers, sailing from 8aa
Francisco May 28. June 28, and every XI
days to Tahiti, Rarotonga. Wellington and
Sydney. The line to Isles of the South teas
vor reservations see Coupon Railroad Agents
r address Hind, Kolsh Co, fiaa Francisoo.