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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 9, 1912)
BUY EARLY WHEAT or solid pack, 28o per pound; prints, 29c per pound. CHEESE Triplet ana aalsies, no per pound. - pork Fancy. luwiuKc per pouno VEAI. Fanrv oer DOUnd. POl.'LTRV Hem. 12 1214c: broilers. 17' ISc: dorks, young, 10c; geese, 10llc; tur keys. live. 17618c. dressed. 2423c Millers in Martet in Small Way for New Crop. ' EXPORTERS HOLDING BACK I Foreign Trade Checked by Weakness and Uncertainty Abroad and by High Price of Ships Spot Market Is" Dull. Aside from a small demand for new wheat r .millers for late July and early August .hiDment. there is no business passing In the new crop market. Exporters are ham pered In their operations by the high and steadllT adrancinc freight rate and the un certain market conditions on the other side. Cargoes were quoted dull and weak yester day at Ss d for September-October ship ment.' Private cables reported many sellers an te market. Usually there is considerable buying by Exporters at this season of year, but It is probable the market this year will be slow er In opening, and the exporters may wait until the millers have secured their early wants. There were a few buyers on the market yesterday, and offerings were freer than they have been for some time past. No trading waa reported In the spot wheat market and prices were more or less nom inal around 14 cents on club and 87 cents on bluestem.' There Is some Oriental demand for flour, but with no transportation exporters are un able to consider the business.. Local receipts in cars were reported by the Merchants Ex change as foMowa: Wheat, Barley.- Flour. Oats. Hay. Monday 13 1 11 1 6 Year ago ..12 .. 20 .. i Season to date 2 45 g 38 Year ago ..73 5 60 It 2 The weekly wheat statistics of the Mer chants Exchange follow: American Visible SuDDly . Bushels. .21.2H2.0O0 2i. 574.000 Vegetables ana. I raits. BERKIESStrawberries, 81.756 2.00 per crate:- raspberries. Il.To per crate; togan berries, 75cft 11.25 per crate; discs: cp XI '.n- -1 7.1- hlarkberriea. Sl.25titl.iH). mopinAL FPUITS Oranges. Valencia, 1.1.2 jtfiS.73: California grapefruit. 8-4.50-: lemons. (5.50 18 P- box; pineapples, (c per round. , FRESH- FRUIT Cherries. 410c per pound: apn!es. old. 81-50 to I per box; new. l 7.-. fi, 9 .,r hnt: neaehes. 75feU0c uer box currants, $1.7362 per box; plums, 8161.40 per box; pears, $1.35 per box; prunes, $1.40 oer box: apricots. 81. 25 per box. cantaloupes. z.xo'ff.:.iw , crate; watermelons, 2Vic per pound.- VPnRTARI.ES Artichokes. i t -,C dozen: asparagus. $1 per dosen; beans. 8 nbhare. Lt&lUc per pound; caul! flower. $1.23 per dozen; celery, $50 pet crate: corn. 30c per dosen; cucumbers. 11 mf box: eranlaaL 2&o per pouni head lettuce. 12Vio per dozen; peas, m-c ner nound: DeDuera. 12(4 6 15c per lb.; rad lshes, 15fe20c per dozen; rhubarb, 24c per pound; spinach. 45c per pound; tomatoes, SI 1.50 per box: garlic,. 86 10c per pound POTATOES Jobbina prjccw: dhiwiu- old. tl&l.Ji per hundred; new. per pound. 1 U ft 1 r - r, vii i v f-.iiirorn reo. it.M SACK' VEGETABLES Carrots, J1.73 pei ik; turnips, $1.25 per sack. eight-pound tsila S2.su; v Alaska pin. strained Staple Groceries. SALMON -Columbia River, one-pound talis. $2.25 per dozen $2.85; one-pound fists. tall, ll.u. COFFEE Koasted. In drums, 29MO0 . NUTS Walnuts. lOClOtte. per own Brazil nufa 12U- filberts. 14 6 ISO monila. UJ21c: peanuts, lac; eocoanuts. 00 Ui per dosen; cnestnuts. i'o iw Hickory nuts, strive per pouuu. HONEY Choice. aa.JS per case hnnv lllA tr tiAlind- SALT Granulated, iio per ton; ni- round luua. la 50 ner ton: 60s. 8 ir too. BbAXa Smaii WlUte. o.suc; largo wuu. i.iOc; Linia. 4.1.0c; plnls, 8 tec 44lc: faavaiL lUCk KICK .o. 1 Japan, oc: cueaper ir 3f..i.' Kniifhftrn head. &&TmC. SUUAK Dry granulated, ti.so; irun anu berry. $5.t5; Honolulu plantation, So.sO; beet, $5.j; extra C $.Si; powdered. Dar rels, XO.li; cubes, barrels, U"-. UKltD FRUITS Apples. 14o per pound, aorlcoia. leaiStaic: peaches. 12jlc prunes, Italians. 10tt 01Oie; silver. 18c: figs, wbits and black, o'w7c; currants. I He: rallies, loose. Muscatel, Cstlltii; Machd 'fDomnsDo. 114ac: unbleachea tui- ranaa 6 hc: seeaea. ittasnc wias " lun, ifec per pound; a'artf. $J.tM per Hex. luly luly July luly Julv July July luly luly luly 8. 10, 11, 12, 13. 25. 1. 17. 11. 13, IMS.. 1911. . 11110.. l'JOO.. loi'S. . 1!X7.. l!0rt.. 1H05. . HXI4.. 1903.. ...11.815.O00 ... 8.427.000 ...13.461.000 . . .47.OHii.000 ...24.24S.OOO ...12.:'".000 ...13.6-.-S.0OO ...14.311.000 Increase. Quantities on Passage Week ending July 6 Bushels .2.''. 302. 000 .22.O00.0OO Week ending Decrease. 1.057.0O0 2.711.000 421.000 1.329.OO0 3rt.OOO 24:l.0OO 709.000 1.0.X4.000 627.000 1,659.000 WeeK ending Hops, Wool and contracts. 20c; 1811 crop, For Continent June V July S. '11 Bushels Bushels 24.9S4.l00 24,609.000 2U68.000 19.136,000 I HOPS 1912 2J42Sc. MOHAIR Choice. 32c ner nound. WOOL Eastern Oregon. 14l(o pe" pound, according to shrinkage; Valley, 216 23c per pound. ri.ua Dry. ixoisc: full wool ouiuei pelts. $1.25iyL73; shearings, 10900, HIDES Salted hides. lllio per pound sailtd calf. 2oc; salted kip. 11012c; green hides, 10c; dry calf. No, 1, 25c; .No. A, zuc; dry hides, 19920c; salted stags, iiiv-M green stags. oWbic CASCARA Per pound. aepoKc; cariots, GRAIN BAGS In car lots, lOtttflUtta- Totals '.. .47.392.000 46.152.000 43,835.000 World's Shipments (flour Included) From C. S., Can. Argentina . Australia .. nan. porta Russia . . . nUia Totals Week ending July 9 Buahels 2.893.000 3.1S4.0OO 3.-.2.00O 1.272.fnl0 2.4.-.:!,000 2.S0S.0OO Week Week ending ending June 29 July 8. 'ii Bushels 3. 1 $7,000 2.38.000 84S.OIIO 1.136.000 2.4OS.0OO 2.2.16. 000 Buahels 1.347.000 1.104.000 8..B.0O0 604.000 8.800.000 1,856.000 .13.012.000 12.223,000 9.627,000 RECORD DEMAND IX FRUIT MARKET. linn Prices Prevail In Most Line Several . fars Held Up In Alblna Yards. - Trade In the fruit market opened on large scale and there Is no doubt this week will show a record volume of business. The street was well supplied yesterday, but there was no excess in any Una. Three cars of peaches and plums were re ceived. The peaches sold at 75 90 cents! and the plums at $161.48. Climax plums bringing the top price. Several cars of fruit were back of the Albioa freight wreck, but could not be reached during the day be cause of tba movement of so many passen ger specials. Two cars of watermelons came in. There was a big demand tor them it cents a pound. Cantaloupes were strong. There waa a good berry market ' all around. The best strawberries sold up to 82 a crate. Front street will close at 10 A. M. Thurs day on account of the' Elks' parade. fHlN'OOK SALMON IN ACTIVE DEMAND Eawtera Orders Are Betas; Freely Confirmed On AH Sizes. The Eastern market for Columbia River salmon Is active, according to the New York Journal of Commerce, which says: "At the opening prices of $1.95 for tails. $2 for flats, and $1.25 ' for halves, buslnei In 1912 Spring pack Columbia River salmon has been active during the past two days and advance orders have been freely con I firmed. There has been some grumbling among buyers over the 5c advance on the price of halves compared with -last year's opening figures on that size, but it has not prevented buyers from confirming their ad vanced commitments for halves, which were made subject to approval of opening prices long In advance of the packing season. "The new pack Is coming oa a virtually bare market and buyers are eager to get de liveries on their- orders. According to some reports the confirmation of orders on halves has been less free than on No. 2 tails and flats, because of the greater differential be tween thep rice ot ta former slbe and that of the others." Provision. HAMS AU alsea. 17918c; skinned, 170 18c: slcnica. 12c: boiled. KBtte. BACON Fancy, Mi92tfikc; choice. 30 it DRY SALT MEATS Backs, dry salt. 11 H 012ttc: backs, smoked, 13914c: bellies, dry salt, laic; bellies, smoked, loo. LARD Tierce basis, choice. 18)40 eom pound. !4c: leaf, tnree-pound palls. $8.M per case. . MISCELLANEOUS Pigs feet. kits. ILU; sliced beef, insides, $2S per case; dried beef. issides, xac per pcuna; bologna, castas, back. lOfcc; minced ham, 12c Unseed OH and Turpentine LINSEED OIL Raw. barrels. 8So: boiled. barrels, nee: raw. coses. 3c: boiled, cases. 5c TURPENTINE Cases. 8c: barrels, . HOGS SELL QUARTER UP BEST OFFERINGS AT THE YARDS BRIXG $8.25. Cattle Market Is Strong W ith a Fair Supply Bulk of Steers Sell at $6.73 apd $6.80. , There was a strong cattle and hog market at the stockyards yesterday. There was fairly good run of stock and the demand was brisk throughout the day. Hogs advanced Quarter. Several- loads of cattle reached the yards too late to be disposed of. The range of prices on steers was $6 to $6.90, with the bulk ot sales at $J.75 and $6.Su. A load ot choice cows went at $0.25. Two loads of top-rade hogs brought $8.25. an advance of 25 cents over the best price of last week. Heavy hogs sold at $7. There was no change in the sheep mar ket. The quality of most of those received waa poor. Wethers sold from $4 to $4.40 and ewes from $3.15 to $3.35. Receipts yesterday were 332 cattle, 49 calves, 315 hogs and 1277 sheep. Among the shippers were Ed Knorr, Grangeville, 2 cars of cattle and hogs; W. R. Dishman. Enterprise. 1 car of cattle and calves; -Al Page. Huntington, 7 cars ot cat tle; B. F. Bicknell, Huntington, 2 cars of sheep; Bicknell Orman. Huntington, 2 cars of sheep; W. B. Knrts, Ashton and St. Anthony, Idaho. ,2 cars of hogs, and Hugh Cummlngs, Albany and Corvallis, 2 cars of calves, sheep and hogs. The day s sales were ss zoiioa-s: Weight, price. KGCS ARE Candled SCARCE AND ADVANCING CentsOther Stock Sells at 27V4 Produce Firm. There Is o pronounced scarcity of eggs on Front street Just now. - Receipts hsve been steadily declining of late and this week the demand is unusually strong. Candled eggs sold readily yesterusy at 27 Vi cents. There waa also a good demand for the few coops of poultry received. Unless ar rivals todsy prove very large, an all-around advance in prices Is expected. Dressedumeats continue firm with the supply below require- '-ments. The butter market waa firm at the new quotation that went Into effect yesterday. Cheese was firm and unchanged. QIIF.T WEEK DrE IN HOP TRADE Attention of Elks' Convention Takes I'p Many Dealers. Hop men do not expect much business to be done this week. Nearly all the dealers are Elks and they have other things on their minds now than the market. O'rders for the new crop were not plentiful yesterday. There are now only 356 bales of 1911a left in growers' hands in Oregon. Several lots were disposed of last week at 25 to 28 cents. Of the unsold stock, two lots only sre ot carlot size. The favorable change In the weather Is welcomed by all the growers. Crop estimates- on the Coast remain unchanged. 29 steers . 29 steers 42 steers . 1 steer , 25 steers , 18 steers . 7 steers 1 stag .. 31 steers 1ft steers ISO wethers 8 hogs .. 25 steers 2 steers 24 steers 33 steers , 3 cows . . 22 cows .. 1 calf ... 2 bulls .. 18 withers 2S6 wethers 3S wethers 127 ewes .. 137 ewes .. 08 ewes ., 147 ewes .. 1 hog ... 3 hogs .- 86 hogs .. 1 1 hogs VV 115: liso 1156 looo 11 9:1 1120 loso 1400 1098 1253 79 174 1162 1150 1190 11. -.4 SSI) 970 350 950 9S 96 92 94 92 3oO ,"..-( 211 RS.. 83 hogs .... r!0 24 hogs 3 $6.80 6.80 6.80 0.80 H.25 6.50 BOO 8.O0 6.7 6.75 3.50 8.00- 6.75 6.50 6.90 6.75 5.50 (1.50 6.50 4.00 4 2. 4.00 , 4.40 V 3'3J 3.35 8.1.1 3.15 8.10 7.V0 8.2.1 7.00 8.2.1 8.0O BOND TRADE BROAD Stocks Are Put Lower , by Heavy, Liquidation. COPPER AND STEEL WEAK Sales. High. 70,800 200 10.20O 0.5OO 1.0OO 40t ""&66 700 700 Bank Clearings. Bank clearings of the Northwestern cities yesterday acre as follows: Clenringa. Portland $2,139,355 Seattle 2.270.912- Tacoma 709.64 1 Spokane 1:076.026 The range -of prices at follows: ' Choice steers . Good steers Medium steers Choice cows Good cows .- Medium cows Choice calves ... Good "heavy calves Bulls otags ' Hogs . . Light Heavy ..... sheep Yearlings Wethers ..... Ewes Lambs the yards was as $6.7B1r$7.nn 6.00 81 6.50 5.75 n.00 D.i.iw ....... 5.50 5.73 5.0O at 6, 7.00W 8.00 6-001 6. 3.50 tt 6.0" 4.75 0 6.0U 8.00W 8.25 6.251 7.00 , 8.00W 4.50 2..10r 4.00 S.00 3.7,1 4.50 6.00 Balances. . $236,773 490. s4 30.912 102.80ti PORTLAND MARUT9. - . Grain. Floor. Feed. Etc. WHEAT Track prices: Bluestem. 87 POc: club. 84c; red Russian, 84c: Valley. 84o: to-fold. Sic FLOUR Patents $5.10 ' per barrel: straights. J4.70: experts. $4 20; Valley. $5.1l: HAY Timothy, $14916.50; alfalfa. $12 50; clover. $10; oats and vetch, $12; grain hay, $9 MILLSTUFPS Bran. $3S.SS par- ton; shorts. $2s: middlings, lit. CORN Whole. $Aft: cracked. 40 pet tos. OATS No. 1 white. $3637 per ton. Dairy and Country rioanee. BOOS Freeh Oregon' . ranch, candled. 77 he Pr dozen. BLTTEit Oregon creamery butter, enkea. Chicago IJveatoek Market. CHICAGO. July 8. -,- Cattle Keceiptn 19.0ix; market, steady to strong -or gooa. others easy. Beeves. .1.73i9.70; Texas steers. $5.807.40: Western steers. $6.25 7.70: Blockers and feeders, 4J.i5: cow,s and heifers, $2.708.10: calves. $.Y50tr 8.7j. Hogs Receipts, 80.0OO; market, steady to 5c hiuher.Light. $7.I0 47.62 : mixed. $7.05 7.62V-: neavv, J.w.n 1.00; rougn. o.i"i 7.11 ' ;"pigs. $5.35J7-.10; bulk ot alea. $7.35 Sne'ep-i-Recelpts, 18,000; market, steady ti inr. hiher. Native, sa.zawo.ev: western. $3.756.U0: yearlings. $4.75n B.7.1: lambs, na tive, S4.iD99.JU; western. s,.vo,v. New York Cotton Market. 9 NEW YORK, July 8. Cotton Spot closed steady. llid-unlanda. 12.15; mld- culf, 12.4U bales, w oaiea. Cotton futures closed strong. 23 to 2.1 points higher. July. 11.74c: August. ll.Slo; September. 11.91c: October. 12.e: Novem ber. 12.14c: December, 12.14c: January, 12.7.1c- " r Market Affected by Last Week's Bank Statement and Unfavorable Showing Expected In Crop and Copper News Money Firmer. . V , - - - NEW YORK. July 8. Last week's poor bank statement, which" uncovered an actual deficit In the reserves and a much larger loss of cash than was expected, and the chances of an unfavorable showing In the monthly statement of the copper pro ducers and in the Government crop report. combined to produce a weak and feverish stock market. Prices of the more active shares made an average decline of over tw points, with a large part of the sellln centering about Amalgamated Copper and United States Steel, r There was further evidence of the artifi ciallty attaching to the copper market here and abroad, metal stocks suffering a severe reversal in (ine x.onaun mnnsi. Amonr the aneci<ies traded In here, th weakest securities were those " embraced in the tobacco group, which yielded a very considerable r,art of their recent advances. Trading was more lively than at almost any time in tne lasr xonmgni., wnu .ai,i nf liquidation in certain Quarters. Lowes prices were scored In the last hour, but final dealings were marked oy soon covering, which heloed to nroduce a feeble recovery, One effect nf the unfavorable bank state- ment was a general hardening of rates both for call and time loana. alucu 01 cIt mnnev waa nlaced at 3 -ner cent, whll all time maturities over three months ad vanned V ner cent. The bond market was broader and more active. Total sales, par value, aggregated 12.315.000. United States bonds were un changed on call. - v CLOSING STOCK QUOTATIONS. - - Closing Low. Bid 2V4 81 69 72 33 i 57 52 4 2414 25 ht 13 42 li 107 35- 12Sj 144 109 27 404 108 102V4 139 107 36 92 2e 2o 92 395 78 24 17 33 to 130 103 59 "SO 38 142 15 V4 165 19 35 H 824 844 51 41 178 i 137 42 128 : 5914 118 16 154 24 13 25 59 1054 159 IS 144 60j 58 304 1154 321 1144 83 1224 31 123 114 107 214 35 lo4 34 163 2U 834 24. i 494 37M 314 73 55 1094 29 76 - fjl 171 134 ' 29 167 00 SO 14 634 111 60 4 4S4 44 15H 57 76", -SI 64 367 31 20 Z7 22 N! Western Pacific 6s... Wisconsin Central 4a. West Shore 4s . 884 . 91 .100 .. 844 92 100 . Stocks at Boston. : BOSTON. July 8. Closing quotations: &lln,i 44. .Tnhau-k 69 Amalg Copper.. 81 iNevada con 204 A Z L em... 304lNiplssing Mines. 7 5 & ;North Butte.. North Lake. . . . Old Dominion., pjceola ....... .jyulncy Arizona Com B & C C & S M. 7 Cal A Arizona,. .4 Cal & Hecla 520 Centennial ... 234 Al Cop Kan Con Co 674 Shannon B riUtte tjop 3L. Jdiaupcnor Franklin 104Sup Bos Min.. Glroux Con 4 Tamarack . Granby Con ... 524 (J S s R A M... -Greene Cananea. 9 do preferred.. I Royalle (Cop) 83 (Utah Con 9 3fr4 n 56 ' 115 804 15 43 2 40 454 UU 1.200 19,800 2,400 two 400 ' 2,5i6 " V.OOO '"ico ' .'ino loo -1,800 100 400 S3 0 74 34 ' 08 53 "26 14 434 S4i 108 1294 145 41 108, -103 139 10S 374 93 287 27 93 "80 '1744 137 IOC '36 39 1434 154 167 80 60.V4 72 334 574 53 25 13 424 82 . 108 1284 144 39 los4 103 139 107 3(1 91 2654 26 93 ' "ii" isi" 1034 "si'. 39 1424 154 166 344 52 43 179 13S 44 1284 21 59 1194 16 16 274 AUIs Chal pf .. Amai Copper. . Am Agrlc-ult . . Am tit-et bugar. American Can .. Am car & Fdy. Am Cotton Oil.. Am Hd & Lt pt Am Ice Securi. . Am Linseed . . . Am Locomotive Am Smel & Kef 18.400 do nref erred. . 200 Am Steel Kdy Am Sugar lief.. 900 Am Tel & Tel. . 900 Am Tobacco pf. Am Woolen Anaconda M Co 12,300 Atchison 5,300 do preferred.. 100 Ati Coast Line.. 100 Bait & Ohio . . . 2.00O Bethlehem Steel Brook R Tran.. Canadian Pac Central Leather do preferred.. Central ot N J.. Ches & Ohio ... Chicago & Alton Chi Gt West ... do preferred. . Chicago N W C M & St Paul. C, C, C aV St L.. Col Fuel & Iron Col & Southern. Consol Gas .... Corn Products . Del & Hudson.. DAR Grande.. do Dre f erred. . ... Distillers' Secur Erie 4.700 do 1st pf .... 700 .do 2d of 100 Gen Electric ... 1,6M Gt North pf . .. 6.400 Gt North Ore . . 2.60O Illinois Central. ' 500 Interbor Met . . .20O do preferred.. 4.200 Inter Harvester 6O0 Inter Marine pf. 200 Int Paper 100 Int Pump 100 Iowa Central K C Southern .. 200 25 do preferred. Laclede Gas Louis & Nash.. 1.4O0 1604 Minn & St L M. S P & S S M 1,600 144 do preferred Mo Pacific - 700 36 Nat Biscuit . . . 200 153 National Lead .. 1.200 58 N Ry Mex 2 pf. 200 81 N Y Central . . . 2.000 116 N Y. Ont A Wes 800 334 Norfolk A West 700 115 North American 800 83 northern pac. jt.ouu 1234 Pacific Mall ... 10O 314 Pennsylvania ... 1.600 1244 People's Gas .. -1.200 1154 r, c c s st u, ooi aoa Pittsburg Coal.. 600 224 Pressed S Car Pull Pal Car , Ry Steel Spring 200 35 Reading : 91,200 4654 Republic Steel.. 1,300 274 do preferred, . oo 80 Rock Island Co. " 30O 24 do preferred.. 20O 5oa St L A S F 2 Pf 500 884 St L Southwest do preferred.. Sloes Sheffield .. 200 56 Southern Pac .. 1.700 109 Southern Ry . . 4.900 29 do Dref erred.. 2.400 77 Tenn Copper .. l.0 . 43 Texas & Pac . . J 00 23 Tol. St L A Wes 100 14 do preferred Union Paclflc .. 37.700 168 166 do preferred.. U 6 Realty ... 100 81 U S Rubber ... 1,300 54 B Steel 102.1MW 70i do preferred.. 600 112 rtah Copper ..J1.900 62 Va-Caro Chem.. 1,100 494 Wabash 100 4 ' do preferred.. 700 1314 Weston. Md 200 57 Westlni Elec .. l.fiOO 77 western union. 200 S2 Wheel- ALE.. Lehigh Valley .. Chlno Copper . . Ray Conaols ... Am Tobacco . .. Seaboard Airline do preferred.. 34 52 43 178 187 42 128 20 59 119 16 16 '274 'jo" 159 144 " "86 153 58 30 1154 32 114 83 122 314 123 115 10S 21 35 ' 13 26 84 24 50 38 - 65 109 29 7 . 42 23 14 700 200 l.fiOO 200 00O 14.10O 2.500 6. .100 9.700 BOO 1.000 Total sales for. the day. 662,800 shares. : - . BONDS. Furnished by Overbeck A Cooke Co., of Portland. Bid. Asked. 114 116 19 32 21 30.1 23 04 80 .134 111 60 -48 4 IS 57 7.1 82 . 6 167 31 20- 297 22 52 Amer Tel A Tel conv 4s American Tobacco 4s 93 anieaican Tobacco Cs .....120 Atchison general 4s 97 Afehlsnn conv 4s 108 Atchison adj 4s stamped 90 Atchison conv 5s 108 Atlantic Coat Line cons 4s...-94 At Coast Line "L A N coll" 4s. 94 Baltimore A Ohio 3s 9S Baltimore & Ohio 4s 97 Brooklyn Rapid Transit 4s 82 i an &ouineru lirsi as :..iui Chesapeake & Ohio- 4s 100 C B A Q joint 4s 904 C B & Q Ills 4s 99 C B A 6 Denver 4s .' 96 Central Pacific first 4s 9.1 Chicago A East Ills 4a ..,. 79 Clhrairo R I & P ref 4s... -89 Chicago P. I & V Col trust 4s.'. 69 Colorado A Southern first 4s... 94 Denver A Rio (jrsnde 4s 8,1 lie la ware A Hudson conv 4s.... 9S Erie first cons P L 4s 89 Int Met 4s 1 -. S3 Japanese 4. g.1 Japanese first 4S 92 Japanese second 4V1-8 90 Louisville & Nashville unl 4s 98 Mo Kan & Tex 41-s... 87 Missouri Pacific 4s 71 New York Central .';js 87 New York Central L S 3s 81 N'rw York City 4s ... !2 New York C'ty 4u.a of 1987. .. .106 Norfolk A Western 4s 96 Norfolk A Western conv 4s. ..-..114 N Y Ont A W 4s : Northern Pacific P L 4s B Northern peclflc 3s 6S Oregon Ry A Nav 4s 9:1 Penna Ry 4s 01 lois.- J0S Philippine Kanway 4s Reading general 4s , Republic of Cuba r.s Southern Pactfic first ret 4s.. Southern Pacific col 4s. Southern Railway 4s St LA S F ref 4 s I'ninn Pacific first 4s Union Pacific conv 4s......... I nlon Pacific rer 4s United States Steel S F 5s. . . United states 2s registered... 1 nlted States as coupon. NEW ORLEANS, middling.' 12 a July S. Spot cotton United States 2 reg-iFtered. . T niten states ,1s coupon United States 4s registered.. United States 4s coupon.. United Railway S F 4s...... Unlta Railway St L 4s Wabash first 4s ............ 1 . VVestinghouse conv -.. 974 . . 1 on 14 .. 94 . . 90 . . 78 ..77 ..100 I.HU4 . . 97 . .102 . .100 V, . .100 . .102 . .102- " ..114 ..114 ' .. 66 . . 66 . . 70 .- 4 97 JOSH 90 109 9.1 1004 US 93 101 100 ' 96 100 - 96 96 -80 H 89 - 69 91 85 6' " 8:1 S7 92 oV " : 87 73 87 81 9 17 97 113 39 !)9 19 0.1 104 86 100 9.1 91 78 - 78 I 10 112 102 ni 101 102 102. 114 114 7 67 70 V0 Iforr I-nk 2 V Utah CoDDer Co. 60 Lake Copper.... 85 Winona 5 La Salle Copper 6Wolverlne 109 Miami Copper... 27 Money, Exchange, Etc., - NEW YORK, July 8. Close: Prime mer cantile paper, 404 per cent. '- Sterling exchange steady with actual busi ness In bankers' bills at $4.8480 for 60-day bills and at $4.87 for demand. Commercial bills, $4.83. Mexican dollars, 45c Government and railroad bonds easy. Money on call firmer." Time loans stronger, 60 days. 83 per cent; 90 days. 8 3. i LONDON. July 8. Bar silver Arm at 27 10-16d per ounce. Money. 2 2 per cent. The rate of discount In the open market for short bills Is 2 11-162 per cent; far three months' bills. 2 13-162 per cent. SAN FRANCISCO. July 8. Sterling on London. 60 days. $4.85; do. sight. $4.87 Silver bars. 60 c. Mexican dollars, nominal. Drafts Sight, 2c; telegraph, 5c. REGAIN EARLY LOSS Late Rally in Wheat Saves Traders From Slump.. LUNGS SELL AT -OPENING Condition of the Treasury. WASHINGTON. July 8. At the begin ning of business today the condition of the United States Treasury was: Workinv halftnr In Treasurv of -' flees $ 94.844.184 In banks and Philippine treasury 85,916,938 Total balance of general fund. .162,982.630 Receipts Saturday were......... 4.228.869 Disbursements were 6.470,785 Deficit to date this fiscal year is $3,010, 115, as against a deficit .of $527,374 at this time last year. , , These figures exclude Panama Canal and public dept transactions. SAN FRANCISCO - PRODUCE MARKET Prices Quoted at the. Bay City for Vege tables. Fruits. Etc. SAN FRANCISCO, July 8. The following produce nrices were current here today: Fruit Apples, choice. $1.25; common, 60c Mexican limes, $&"; California lemons. choice. $5; common, $2.60; pineapples, 23. Cheese 15(g) lie. Butter Fancy creamery, 28c. Eggs Store. 23c: fancy ranch. 25c. Vegetables Cucumbers, 40c$1.50; garlic, 2 fie 3c: green peas, $22.SO; string beans, 4iJ7c; asparagus, 75c $1.50; tomatoes, $1.50 2; eggplant, 3Hac Potatoes River Burbanks, 73c$1.10 Oregon Burbanks, $1.2501.30; Early Rose, 75lS,90c Hay Wheat, $1.5021; wheat and oats, HZ la i. anaita, $isgfis.ov. Receipts Flour, 10,070 quarter sacks wheat, 1630 centals; barley, 6049 centals oats. 65 centals; potatoes. 8845 sacks; bran 125 sacks; middlings, 265 saegs; hay, 750 tons; wool, 233 bales. Metal Markets. NEW YORK. July 8. Copper easy. Stand ard spot and July, 1617c; August, lTvl7; September. is'slh; electro lytic. 17(SU7: casting. 17. Tin dun. spot 4o.qs43.oo; July. s4d; August, . Lead steady. 4.6094.80. Antimony auLet. Cookson's. 8.00. Iron steady. No. 1 Northern. 15.5016: No. 1 Southern. 15.50 16; No. 1 Southern soft. lo.50 16.00. Copper arrivals at New York today, 457 tons; exports this month, 8241 tons. London copper steady. - Spot, 76 16s 8d; futures, 76 13s 9d. London tin. 204; futures, 198 10s. Local sales lead, 50,000 pounds July (East St. Louis). London lead, 18 10s. London spelter, 26 6s. Iron, Cleveland war rants, obs Vd in London. - - NE-V - Coffe and Sugar. iW YORK, July I 8. Coffee futures closed steady, 25 to 23 points lower. July, 13.05C; August, 13.10c; September, 13.18c October, 18.24c; November. 13.81c: Decern ber. 13.38c; January, 13.40c; February, 13.35c; March, 13.45c; April, 18.46c: May aoa June, 13.4SC Spot easy. Rio, No. 7, 14c; Santos, No. 4, 16c. Mild, quiet. Cor dova, iU(giBic, nominal. Raw sugar quiet. Muscovado. 89 test. 8.27c; centrifugal, 96 test, 8.77c; molasses sugar, SS test, 8.02c Refined quiet. Dried Fruit at New York. NEW YORK, July a Evaporated apples quiet, unchanged, spot, i fancy, 9 10c Choice. 800c: prime. 7&7c. Prunes, firm and quiet. Quotations 8(S o lor L'aitiornias up to 30-40s and 640 9c for Oregons. Peaches Inactive and barely ' steadv. Choice, 66o; extra choice. . 77c; zancy, titv oc. London Wool Sales. LONDON, July 8. A good selection, con slating of 9688 bales, was offered at the wool auction sale today and all sections were eager buyers, which resulted in strong sale, with hardening prices. America purchased -medium and nne cross-breds. Chicago Produce Market. CHICAGO. June 8. -Butter Steadv. Creameries, 230t5c; dairies, 2124c. Eggs steady: receipts. 15.568 . cases: at mark, cases included. 15&16c; ordi nary firsts, 16c: firsts. 17c Cheese firm ; .daisies. 15ffll5e: twins. 1515c; Young Americas, 15 15c; long - horns, 15?13c. Elgin Butter Market. ELGIN. 111.. July 8. The Quotation com mittee of the Elfin Board of Trade this afternoon declared butter firm at 25 cents per pound. Duluto Flax Market. DUL7JTH. Minn., July 8. Clone: Lin seed, on track and to arrive, $2.06: July. $2.06; September, $L93 asked; October, $1.85 asked. ' Wool at St. Louis. ST. LOUIS, July 8. Wool Steady. ritory and Western mediums. 20424c; mediums, 186 20c; fine. J4,(17c. , ; i Hops at New York, NEW YORK, vJuly 8. Hops easy. Ter-flne NORTH YAKIMA HAS FLOAT Secretary Varc Conies to Portland to Construct Clock. T NORTH YAKIMA, Wash.. July 8. (Special.) Seventy-five members of the North Yakima Elks' lodg-e will leave tomorrow night in a special train over the D.-W. R. & N which will arrive In Portland at 9 o'clock Tuesday morning; early as mafiy will gro tomorrow by way of Seattle, and enough others have already left this city "to Insure the North Yakima lodgre a representation of at least 160 at the National convention. Murray Miles, . the delegate from North Yakima, yesterday decided that his health would not permit him to go, and H. B. Rigg was named in his place. one of the North Yakima Elks will march in the parade Thursday after noon, but It has been decided to have float representing tnis city, ana sec retary James Varco, of the Elks' Club, left yesterday to build It It will rep resent a huge clock with dials 14 feet diameter on either aide. Girls' faces , will represent the hours. Both dials and platform will be purple and. white with massed violets and sweet peas. The float will be drawn by six orses. with postillions at tne neaas of the leading team and pages at each corner of the float. - Ending of Liquidation, Short Cover ing and Big Decrease in Visible Supply Bring About the Re coveryCoarse Grains Finn. CHICAGO, July 8. Although selling to day caused, wheat prices to break more than two cents, the market later recovered much of the loss. - Much selling came from im portant longs, who were conspicuous in a similar unloading process last week. There were signs, too, that the Northwest was let ting go of wheat here. Bearish sentiment received considerable impetus by brilliant weather for threshing and marketing South west. Depressed cables and lack of ele vator room here counted likewise against the bulla The recovery of wheat from a semi-demoralized state appeared to be due to the ending of liquidation. A further help came through shorts taking prof its. ""Timely as sistance for the bulls developed, besides. In the visible supply decrease, which reached around a total of nearly 2.000,00 0 buahuls. The Washington crop report, expected to moiTow, formed the pivot that turnjsd the corn market upward. Private experts esti mated the report would show a low condi tion and that the acreage would be smaller than supposed. During the first part of the day. however, the market was weak with wheat and because of the . fine growing weather. Storms in sections depended upon for fill ing July contracts diverted attention of oat traders from the tangled storage situation here. Accordingly steadiness ruled the pit. Stop loss selling carried down provisions nntll cereals began to rally. Then Backers and shorts gave relief to owners. Futures today ruled as follows July .... Sept. Dec .... July .... Sept. .... Dec. .... May .... Open. High. WHUiAT. 1.03 1.03 1.00 CORN. .70 .67 .58 .3Ri OATS. Low. Close. .88 1 1.00 .69 .66 .57 .68 1.02 ' .98 1.00 .60 .66 .57 .67 . 1.03 .99 1.00 .70 .67 .5S .57 July 40 .42 , .40 .41 Sept. 35 .36 .35- .36 Dec 36 ..17 .36 .37 PORK. July 17.4.; . 17.K5 17.45 1T.95 Sept. 17.90 18.2 17.85 18.30 Oct. 18.30 1S.S7 17.97 18.274 LARD. July 10.35 10.47 10.32 10.47 Sept. 10.524 10.70 - 10.45 10.65 Oct. 10.60 10.75 10.50 10.70 . SHORT RIBS. July ...'..10.12 10.85 10.12 10.35 Sept 10.50 10.50 10.27 . 10.47 Cash quotations were as follows: Flout weak. Rye No. 2. 74c. Barley Feed or mixing. 68-70c; fair 'to choice' malting, 95o to $1.05. Timothy Seed $7.0O9.0O. Clover Seed $12.00 17.00. Mess Pork $18.O0&18.12. Lard In tierces, .$10.47. Short Ribs Loose, $10.35. Grain Statistics: Total clearances of wheat and flour were eaual to '203.000 bushels. Primary receipts were 886,000 bushels, compared with 1,d4u, ooo bushels the corresponaing day a year ago. The visible supply or wheat in tne United States decreased 1,857,000 bushels for the week. The amount of breadstuff on ocean passage. decreased 560,000 bushels. Es tlmated receipts for tomorrow: wneat. cars; corn, 243 cars; oats, 180 cars; hogs. 17,000 Head. . Minneapolis Grain Market. MINNEAPOLIS. July 8. Close: Wheat, July. $1.05: September, 99 c; December, S1.O0U (31.00S4. Cash: No. l.bard. S1.08 No. 1 Northern. 1.074: No. 2 Northern, $1.0S1.06; No. 1 Northern wheat, $1.02 1.03. Flax $2.02 S2.03. Barley 5041 95c. Rye No. 2, 70c Bran In 100-pound sacks, $21 21.50. Grains In San Francisco. SAN FRANCISCO. July 8. Soot ouota tions: Walla Walla, $1.601.62 ; red Rus sian. 11.60: Turkey red. i.70CTLTo: o ue stem. $1.671.70; feed barley. $1.40 1.42: white oats, $1.82 1.95; bran. $28 4D28.50: middlings, fsswsi: snorts, taz. Cal board sales: Barley December, $1.85 per cental; May, $1.8. per cental. European Grain Markets. LONDON. July 8. Cargoes, oulet. Walla Walla. September-October shipment. 38a 6d. English country markets, firm; - French country markets, quiet. LIVERPOOL. July 8. Close: Wheat July, 7s 6d, October, 7s 2d; December, 7s ld. Weather, cloudy. v Poget Sound Grain Markets, SEATTLE. July 8. Wheat Bluestem 92c; fortyfold, S7o; club, 87c; Fife, 87c; red Russian, file. TACOMA. July 8. Wheat Spot. biu5 stem, 95c; club, 91c; September delivery, bluestem, S68ic; club, S285c Receipts, wheat 7, oats 1. nay s cars. Mayor Vetoes Ordinance, -. . Because of allejred discrimination in favor of the telephone companies of the city. Mayor Rushlight yesterday ve toed the ordinance passed at tne last meeting of the City Council prohibiting the electric light, gas and teiepnone companies from exacting a deposit for instruments and meters installed in welling houses. In a message to the Council the Mayor says the ordinance passed gives the telephone com panies the- right to collect two months advance for service, wnicn feature the Mayor says is practically the same s allowing the companies to maintain eposits, ' i ELECTRIC LINEJS RUSHED Southern Pacific Branch to Forest Grove Well Under Yay. FOREST GROVE, Or, July 8. (Spe claJ.) Construction work on the South em Pacific electric branch -which will enter Forest Grove from the east on First avenue South, a part of the West Side electrification, began several weeks- ago and is progressing rapidly. The branch leaves the main Southern Pacific road at Murrey, a flag station mile east of the Forest Grove sta tion, and goes In a straight line to the eastern extremity of First avenue South, which it fojlows to Third street. where lt is obliged to cut through the middle of two blocks to Main street on account of the Oregon Electric fran chise down Forest avenue. At the corner of Main and First ave nue the Southern Pacific plan to erect $10,000 brick' depot, besides freight sheds. From this point the branch runs west a block and south to their main line about half, way between Forest Grove and the town of Dilley. A number of men and teams are at work at Murrey, and it is said that the crew will be Increased in the next week so as to complete tne construction work at the earliest possible date. It is the desire of trie company to com plete these .short branch lines between Portland and McMinnville as soon as possible In order to have cars In oper ation by the first of the year. i . . Centralia Man Rolled by Ixg. CENTRALtIA, Wash., July 8. (Spe ciaL) Earl Baldwin had a narrow es cape from being crushed to death at the Barr camp, near ii.eiso, yesterday, when a huge log rolled completely over him. Unable to escape. Baldwin lay flat in a depression. His watch was broken and a can of tobacco in his pocket wag completely flattened. AUTO RACES For the automobile, motorcycle and aviation meet take train at Union De pot. Leaves 1 o'clock. Round trip 25c. General admission 50c - TKAVEI.KK8' GUIDE. , Steamer Anvil Sails from Couch-Street Dock Wednesday, July 10th. 7 P. M. For Newport, Florence and Ban don. Freight and Passengers. Frank Bollam. City Ticket Agent. 1J8 Third. Phones: Main 688; A 466. C. K. Brown. Fit.' and Pass. Agent, Couch St. Bock. Phones: Main 861; A 4181. UNITED STATES DEPOSITORY , . ' THE BANK OF CALIFORNIA NATIONAL ASSOCIATION OF SAN FRANCISCO FOUXDFJ1 1864. Capital Paid in . $8,500,000 Surplus and Undivided -Profits $7,905,912 1 BRANCHES Portland, Seattle, Tacoma and Virginia City We buy and sell Foreign Exchange; Issue Drafts and Cable Transfers, Commercial Credits and Travelers' Letters of Credit available in all parts of the world; make collections on all points and conduct a general foreign and domestic banking business. , nrrfSEUssr paid ott time and savings deposits. . PORTLAND OFFICE Northwest Corner Third and Stark Streets CHAMBER OF COMMERCE BUILniNO. WM. A. MAC RAG, Manaarer. J. T. BUKTCHAELI, Asst. Manager. V lumbermens National Bank 4r on Savings. Ample security, combined with maximum interest yield is offered depositors. Capital - - $1,000,000 LADD & TILTON BANK Established 1858. Capital Stock ..$1,000,000.00 Surplus and Undivided Profits.... 800,000.00 Commercial and Savings Accounts Letters of credit, drafts and travelers' checks issued, avail able in all parts of the vorld. OFFICERS W. M. Ledd, rVeatdent. Robert S. Howard, Asst. Cashlna, Edward Cooklngham, Vice-Pre a. J. W. Ladd, Asst. Cashier. .. W. H. Pnnckley. Cannier. Walter SI. Cook, Ant. CnsUer. First National Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank West of the . Rocky Mountains THE LARGEST STEAMER IN THE WORLD New 45,324 Ton OLYMPIC AMERICAN LINE New. York Plymouth Cherbourg Southampton. Atlantic Transport Line New York London Direct. . RED STAR LINE New York Dorer Antwerp Paris WHITE STAR LINE New York Qneenstown Liverpool New York Plymouth -Cherbourg: Southampton. Boston Qileenstown Liverpool Boston .Mediterranean Italy Sails fron NEW YORK JULY 27 Aug. 17 Sept. 7 Sept. 28 Oct. 19 WHITE STAR-DOMINION Montreal Quebec Liverpool "MEGANTIC" & "LAURENHC" Largest and Finest Steamers on St. Lawrence Route Only Four Days at Sea TO EUROPE IX COMFORT AT MOD ERATE KATE. Twin Screw S. S. "Canada" and Teutonic'. ONE CLASS (II) CABIN SERVICE THIRD CLASS CLOSED ROOMS Baggage checked through to Steamer In Bond. Embark night before. sailing. No hotel or transfer expense. Company's Office Room "B" Bailey Building, second inn merry bis., seame, or . . Local Railway and Steamship Agents. N 0 . MATTER how hard the traffic, no matter' how varying the climate, bitulithic paving al ways survives the test ! - TRAVELERS" GVIPE. J. C. WILS0N& CO. STOCKS, BONDS, GRAIN AND COTTON MEMBERS ' NEW YORK STOCK EXCHANGE NEW YORK COTTON EXCHANGE CHICAGO BOARD OF TRADE -THE STOCK AND BOND EXCHANGE SAN FRANCISCO. PORTLAND OFFICE: Main Floor Lmnbermens Bank Bldg; Fifth and Stark. Fhones Marshall 4120, A 4187. TRAVELERS' GtTTDB. LOS ANGELES AND SAN DIEGO STEAMSHIPS YALE AND HARVARD Railroad or anr steamer to San Fran cisco, the Expo City. Largest, fastest, and the ONLY strictly first-class pas senger ship on the CJpast. Average speed SAW FHAACISCO. PORTLAND L. A . S. S. CO. Matn2. Frank Bollam, Agest A 45l 128 'Inlrd street. Canadian Pacific "EMPRESSES OF THE ATLANTIC" AJJD O'i'HUl ETliAMdUir'S. MONTREAL. OUKUEO A.U LIVERPOOC VIA THE SCENIC ROUTE TO EUROPE 1000 MILES ON THE BT. LA WRENCH RIVER AND LE89 THAN FOUR DATS AT SKA 2638 MILES. PORT TO PORT THE SHORTEST OCEAN PASSAGB First Cabin J9J.M nnj S Second Cabin f3.1 and ni One-Class Cabin (Zd-class) iao.00 and U( Third-Class Lowest rates on request. Canadian Pacific oUlce, corner Tlilrd end Pine (Multnomah Hottl bldg.l. Portland, and all local agents San Francisco, Los Angeles and San Diego Direct S. S. Roanoke and S. S. Elder Call Every Wednesday Alternately at J. M. NORTH PACIFIC S. S. CO. 121 A Third St. Pbonee Main 1314, A 1811 ' EXPRESS STEAMERS FOB San Francisco and Los Angeles THOMAS M CUSKER. WITHOUT CHANGE 8. 8. BEAVER sails A. M., July 1L THE SAN FRAN. PORTLAND 8. 8. CO. Ticket Office 142 Third Street Phone i Main 2905. A Hot. COOS BAY LINE STEAMSHIP BREAK WATER i Sails from Alnsworth Dock, Portland, al A. M., July 2. 9. 14. 19, 24, 29: AUguS! 2, 8, 13, 18, 23, 28. Freight received al Alnsworth Dock dally up to 6 P. M Passenger fare first-class. $10: seoond- ciass. ti, inciuoins Derm ana mens Ticket office Alnsworth Dock. Fhones Main 1600. A 2332. - AUSTRALIA AND NEW ZEALAND Colon IJne of N. Z.) VIA TAHITI AD WELLINGTON. Direct thrmisth teamcrs. talllna from San Francisco July 24. Aug. 21 and every 29 days to Tahiti. Raroionga. Wellington tnd Sydney. The line to Ifle of the ftouth S?aa. For reservation Coupon Railroad Agnf or address Hind, Rojph & Co., San Franc Ueo, 4