19 THE MORNING OREGOXIAN THURSDAY. JUIY II, 1912. Stteiidslower Lage Crop and High Freight Work Against Market. VIEWS OF T. B. WILCOX Small Prospect or Grain Going to fw Eastern States This Year. Forty Million Dollars for Farmers of Northwest. There l very little prospect of any wheal going East thl year. In the opinion of T. B. Wilcox, unless price here descend to a materially lower level. Should the tonnage scarcity become more acute and wheat prices decline to about 60 cents In the country, and price In the East go much higher, shipments across the Rockies may be made. "Ships are getting 40 shillings for Decem ber cancelling.- said Mr. Wilcox yesterday. "A steamer has been taken at 42 shillings and no mora axe to be had. The price of cargoes in the United Kingdom and on the Continent now Is IT shillings pence. If considerable offerings were made the price would go lower, but on the basis of T shillings f pence and 48 shilling ships, club wheat Is worth about 7 or 7 cents track. The probabilities are. as sailing ships and tonnage of all kinds are so scarce, though between now and January they may be a little more plentiful, that the price Is go ing to be rather below SO cents than above. Last year the market opened at 77 cents. This year It should start at about the same price. M Crop prospects In the Northwest are far the biggest wheat yield we have ever had. Another week will safely determine the quality and tonnage of Spring wheat. The Winter wheat crop ia made. The amount of crop now promised and at the prices that are likely to prevail, will give the farmers more money than they received for their crop last year. The crop ahould be worth about $40,000,000 In the country to the farm ers. ,, "Freight ratea to the Orient, as well as to Europe, are going to be high and this will have a further tendency to bold down wheat prices. Tonnage Is fully employed all over the world. Shipowners have had several bad years, and are now reaping their harvest." CPLIFT !' THE WOOL MARKET. Law of Snpply and Demand Is Putting Prices Higher. Politics has nothing to do with the pres ent wool situation. The law of supply and demand has put prices where they are to day, says the New York Journal of Com merce. Consumption is going on at a great er rate than at any time in five years and bids fair to continue. According to wool statisticians, the domestic clip is going to be short, but how much cannot be stated with aoy degree of certainty. Some estimates put the shortage at 20,000.000 pounds, while others make It over M.000.00O pounds. This extraordinary condition, coupled with the fact that the demand for Jow and medium grade wools promises to be large enough to quickly absorb all that Is offered, has made the price of quarter blood and three-eighths blood wools relatively dearer than fine. The latter are also firmly held and good author Hits are of the opinion that the prlcea being paid will be easily maintained during the remainder of the year irrespective of th outcome of the Presidential - election. The prices paid in the West at the open ing of the new season were described at the time as belag extravagant and unwarranted by conditions. . These views have undergone revision since the opening of the season. Dealers are convinced that prlcea will not reeedo and mill that bought at what were considered fancy flgurea six weeks ago would like to repeat those transaction. FRUIT EHlrMEXTS ARB HELD BACK Active Demand ea Front Street, but Snpply la Not Large. There was an active demand for fruit yesterday, but the supply on Front street was not heavy. The congestion of special trains Is holding back a number of large shipments of perishable produce. Three cars of watermelon and one car of canta loupe are among the delayed shipments. Deciduous fruit prices were unchanged. Loganberries and raspberries were more plentiful and easier, but blackcaps and blackberries were Arm. Wild blackberries offered at 12 m cents. There waa a good demand for good cherries. A large portion of the offerings were cracked or otherwise Injured. Thompson seedless grapes from the Im perial Valley sold well at .2.30 a crate. Bananas were firm under a sharp local and shipping demand. EGO ADVANCE MAY BE TEMPORARY Price likely to Ease Off After This Week. Poultry Strong. The egg market waa very strong yesterday, as the . demand for strictly fresh candled stock exceeded the supply. Current receipts were quoted at 2 cents and candled eggs at 2S cents, while extras brought 30 cents. The retail market la now on a 35-cent basis. It is probable the egg mafket will ease up after the Elks" convention crowd leaves th city. Poultry of all kinds was in sharp demand. Hens sold at 13hk cents and Spring at 18 to 18 cents. The dressed meat market was also strong, fancy veal bringing 14 cents. , Butter and cheese were Arm and un changed.. ORDERS FROM ORIENT FOR WHEAT Two Thousand Toaa Sold at Seattle Yester day for October Shipment. The local grain market was dull, both spot and future. According to advices from Seattle. 2000 tons of wheat were sold there for October shipment to the orient. Local receipts. In cars, were reported by the Merchants' Exchange as follows: IS 1 11 3 8 1 .. 3 4 4 6 .. - 1 4 ' .. 4 8 .. 98 2 M VI 38 S3 6 87 15 30 Tuesday Wednesday .... Tear ago BUMPER CROP IS WHITMAN COUNTY Wheat Yield Will Be Larger Than Last Year's- COLFAX. July 10. 8pecIaD From ev ... tni...in. nAt.it Kv the farmers and grain men and from the average taken from all reports throughout Whitman voumy. me ,i i. i. th.n last vear. Spring li vuti vva -..- - grain waa damaged somewhat by heat with hot winds during one wee, oui wi r since has been Ideal, with several show ers. The estimate, aa an average through out the county on Fall wheat. Is given at 30 to S3 bushels. Fail wheat was Injured by hot weather. Th estimate on Spring wheat is 15 to 2S bushels per acre. The 1911 wheat crop In the county was 9.000.000 bushels, and the 1012 crop, from all indications, will be more. Oata and barley never looked better. The crop acreage la about the same as last year. .Threshing will begin in Western Whitman County next week. Some small lots were threshed this week that tested S9 pound, but no yield per acre could be given. . Bank Clearings. ' Bank elesrlngs of the Northwestern cit ies yesterday were as tonows: , Clearings. Balances. .I... t 551.70 S284.070 a,,i. 2.135.i; 457.0.14 i TI'.7I 71.27 7 PORTLAND MARKETS. Grain. - Floor. Feed. Eta. wrT Track prices: Bluestem, 87c club. 84c;' red Russian, 84c; Valley, 84c; to-ioia. hc r t-t-ir y .... ' nmr barrel: straights. S4.70: export. 14.20; Valley. $S 10; HAY limotny. io-o; , clover. $10; inU and vetch. 112; grain bay. ta. hit t QTnrrs Ttnn. s2S- oer ton: shorts. 121; middlings. It. CORPS W noil saw; cracure, w p OATS No. 1 white. 334 35 per ton. Vegetables mo Frnlta. BERRIES Raspberries. tl.2SAl.S0 Pr crate; loganberries. fl.Ztr.-ftu per crate, black caps. IL75; blackberries, 1.75. TROPICAL FBCITS Oranges, Valencia, I3.25&3-75; California grapefruit. 14.60; lemons. S5.504J per box: pineapples. c per nnnnd FRESH FRUIT Cherries, J V4 10c per pound: apples. Ola, 1.60a per oox; do... $1.7552 per box; peaches. 78Oc per-box: .urrmnta. 11.S0S1.75 Mr box: plums, $161.40 per box: pears. $1.35 per box; prunes. $1.40 - . ti 9K . VinT amines. $2 50 per crate. MELONS Cantaloupes. $2.262.50 per crate: watermelons, 2ftc per pound. VEGETABLES Artichokes. OStsTSe ' dosen; asparagus. $1 per dozen; beans. 89 Be; cabhage. leiVic per pound: cauli flower. $1.25 per dosen; celery. $5 8 per crate; corn. 80c per dozen; cucumbers. $1 per box; eggplant. 25o per pound: head lettuce, 12V4e per dozen; peas, 8fcc per pound; peppers. 12ttei5c per lb.; rad ishes. 15tj20c per dozen;, rhubarb, 24e per pound; spinach. 495c per pound; tomatoes. $161.50 per box; garlic, 8 10c per pound POTATOES Jobbing prices: Uurtiank. old, $l1.2fi per hundred; new. per pound 1 2' 1 $4 C. ONIONS California red. $1.25 per sack; u.lln.. 1 RA .a ,'U SACK VE3ETABLES Carrots. $1.T5 per ia:k; turnips, $1.25 per sack. Dairy and Country Produce. EGGS Case count, 2o; candled, 28c; ex tras, 30c per dozen. U"'i Th.it ui'tur creamery butter. euoea. sr solid pack. 28c per pound; prints. 29c per pourd. CHEESE Triplets and daisies. 17o per pound. PORK Fsncy. lnwiofec per pound. VEAL Fancy, 13V414o per pound. POULTRY Hens. 13lV4c; broilers, 180 18 c; ducks, young, 10 11c; geese, low lie; turkeys, live. 18c; dressed. 24 25c.. Staple Groceries. SALMON Columbia. Rlvr. one-pound lalls, $2.25 per dosen; eight-pound tails, $2.95; one-pound flata. $2.40; Alaska pla lue-pound tails, $1.85. COFFEE Roasted, la drums. 26M04O per pound. . NUTS Walnuts, HCUKo per pund; Srasil nuts. 120; filberts. 1415c; al monds. 17 021a; peanuts, lac; cocoanuts, 00 0X1 per dosen; chestnuts, 12to per pollBa. nlckory nuts, 6010c per pound. HONEY Choice, $3.76 per case; strains honey, luo per pound. SALT Granulated, $15 per ton; half ground. lOui. $.S0 per ton; 60s, $9 par ton. BEANS Small white. 6.40c; large white. 5.20c; Lima. .S0c; pink. 3 fee; Mexicans. 41c; bayou, 40. KICK No. 1 Japan. Sc; cheaper gradsa SWi-Vc; Southern head. e7ttc SUOAR Dry granulated. $5.83; fruit and berry, $5.85; Honolulu plantation, $5.00; beet. S5.oi; extra C, $.i.S5; powdered, bar rels, $tS.15; cubes, barrels, $o.2o. DHl&D FRUITS Apples, 14o per pound, apricots, 16018&e; peaches, 12014a; prunes. Italians, lOfe01uc; silver, 18o: figs, while and black. eis07o; currants. 7 He; rauins, loose. Muscatel. Sit 07 Ms; bleached Thompson, llfcc; unbleached sul tanas. tso; seeded, lxto; dates, Per sian, i&u per pound; sard. $1.00 par a, . Hop, Wool and Hide. HOPS 1912 contract. 200 21c; 1911 crop, 2327Hc. liuhAiK Choice. 82a per pound. WOOL Eastern Oregon, 14019140 P' pound, according to shrinkage; Valley, 210 3c per pound. PELTS Dry. 13c: full wool butcher pelts. $L251.75; shearings, 10030c. HIDES Salted miles, lino per pound; sailed calf, 2oc; salted kip, 110123; green bides, 11c; dry calf; No. L 25c; No. 2, Sue; dry bides. lW02oc; salted stags, ?te.M, green stags, ti7o. CASCARA Per pound, 65lc; carlota, a 4j5y,c GRAIN BAGS In. car lots. 10c Provtsloak. HAMS All sizes. 1X6 1744c; skinned. 164017c; picnics, 12c; bulled. 26fec. BACON Fancy. 20027c; choice, 20021c. Day SALT MKAio Hacks, dry salt. 114 6 12ic; backs, smoked. 14V 14c; bellies, dry alt. llittc; bellies, smoked, 15a. LARD Tierce basis, choice. cois pound. 9!c; leaf, three-pound pails. I8.A4 per case. MISCELLANEOUS Plrr feet. kits. $LM: sliced beet, inside. $28 per ease; dried beat, Inside, zoo per pound ; bologna caavas" baca, lOfcc; minced ham. 12a Unseed Oil aad Turpentine. L3N8F.ED OIL Raw. barrels, 88c: boiled, barrels. 90c; raw, cases, 98c; boiled, saasa ISc. TURPENTINE Cases. c; barrels. 44 tel. SAN . FRANCISCO PRODUCE MARKET Prlcea Quoted at the Bay City for Vege tables. Fruits. Etc. ' SAN FRANCISCO, July 10. The following produce prices were current here today: Fruit Apples, choice, $1.25; common, 50c; Mexican limes, $6$7; California lemons, choice, $5; common, $2.50; pineapples, $203, Cheese 15017c. Butter" Fsncy creamery, ,2$Hc Eggs Store, 24c; fancy ranch, 28c. Vegetables Cucumbers, 40c$L5t; garlic. 203c: green Peas. $2442.50; string beans. 4 07c: asparagus. 75c $1.50; tomatoes, $L60 02; eggplant, oc potatoes River Burbanks, 75c 0 $1.10; Oregon Burbanks, nominal; Early Rose,. 75c $l- Hay Wheat. $1.5002-1: wheat and oats, S12&10: alfalfa. $13013.50. RecelDt Flour. 7520 Quarter sacks: wheat. 845 centals; barley, 10,265 centals; oats, 620 centals; potatoes, 4815 sacks; bran, 910 sacks; middlings, 20 sacks; hay, 535 tons; wool. 96 baiea. . Metal Market. J NEW YORK, July 10. Copper easy. Standard spot and July. 16.501 17.0O; Au gust. iaS17; September. 1644016; elec trolytic. Ills 017; lake, 17; castin-, 10. Tin firm. Spot 44. 4r(r 44.60; July, 44.25 44.62 Vi; August. 43.75044.50. Lead firm, 4-0i4.70, Spelter firm, 7.2O&7.40. Antimony. Cookson's, 8.12. I.nn r a it tf unrhnnirni Copper exports this month. 6738 tons. Lon don copper, easy: spot 174 los: futures, 175 12s 6a. Local sales, nn, to tuns. uihuud . 1 .. Avm .nnt f ' ' 1 1 ' J 1M' f tl f !' r f 1 fl 7 LOII- don lead. flS 7s tki. London spelter, 26. iron, cieveiuna warrants, oos ou " Coffee and Sugar. NEW YORK, July 10. Coffee closed teady at 13 to 17 point net decline; sales. 99.500. July, 13.12C: August. 1.K1BC7 nepiem ber. 13.26c; October. 13.33c: November, laTM.: necember. 13.4c: January. 18.50c; February. 13.45c; March. 13.53c: April, 18.55c; May and June. 13.56c Spot, quiet. No. 7 Rio. 14c; No. 4 Pantos, It; 40. Mild coffee, quiet; Cordova, 161j 1814c nominal. Raw niisr. steadv: Muscovado 89 test. 8.27c: centrifugal 86 test, 3.77c; molasses .89 test. 3.02c; rennea, steaay. Naval Stores. SAVANNAH. July' 10. Turpentine, firm. 43H043c; sales. 110: receipts, leou; snip m.nt, 260: stock. 80.100. Rosin, firm; sales. 800: receipts. 3100: shipments, 8600: stocks, 91,400. Quote: B, Jfifi6.0.): B. 6.4.14 B.5.": E. 8.o-Vj U o.oo; r. $6.S2H6.85; G. $6.82 6.87 '.i ; -H. $6.85 06-87; I, .8506.u; It. i; at. ai.ausy 7.13; N. $7.80; WG. $7.45; WW. $7.65. Dried Fruit at, New York. NEW YORK, July 10. Evaporated ap ples uuiet and prices nominally unchanged on spot. Fancy, i to loitc; cnoice, etjuc; nrime. 7Ufi7c ' Prunes steady. Quotations 31 to 9e for Calirornlas up to 30-10 and 6 to o for uregons. Peaches dull, steady. Choice, Vi6c; extra choice. 707KC; fancy, 7uc. Indoa Wool Sales. LONDON. July lO. Animated competi tion between the home trade and the Con tinent for merinos and good American pur chases of croes-breds msde prices the firm est so far realized for the series. Victorian scoured Merinos especially were sought af ter. The offering today waa fl2 bales. Chicago Produce Market. CHICAGO. July 10. Butter, steady. Creameries. '23025c: dairies. 21024c Eggs, steady; receipts. 13.76S cases; at mark, cases inciuaeu, latf onc; oratnijr firsts. 16c; firsts. 17 He Cheese, nrm. Daisies. 15t413e; Twins, I3134c; Young Americas, 15015c: Long ri"!11. Duluth Flax Market. DULl'TH. July 10. Close: Linseed on track ana to arrivw, J'ny, i. -i asked; septemDer, ei.ei; vcroocr, .n.-un bid. - ' : Hop at New York. NEW YORK. July 10. Hops Easy. SELL STOCKS DOWN Bear Drive in Wall Street Is Successful. MARKET BREAKS AT CLOSE Tone Early Is Bullish on the Satis factory Crop Report -"Trading In Steel Shares Heavy Bond Prices Are Irregular. NEW YORK, July 10. The Government report, published yesterday, waa used aa a lever with which to move price upward In the early part of today' tock market ses sion. The - returns seemed to convey the Impreesslon that the more Important cereals prom.sed exceedingly well. ' There was a brisk rise In Amalgamated Copper in early trading, based In a meas ure on improved copper conditions abroad, but the metal market remains exce'jdiuK y sensitive, with Indications of widely extend ed speculation. Sale of copper were re poriea here today at around 17 cents. One of tho few Important feature of the day waa the publication of the United Elatee Steel Corporation's statement of un filled tonnage on hand June 30. This showed an increase of 66,363 tons over the preced ing motuh, the grand total being 5,807.346 toiis. a figure which only once has been ex ceeded in almost three years. Trading in Steel was relatively large and Its undertone was strong at the outset, but later all leading Issues sold off precipitate ly, jon'ust price t being registered In the last nour to the atcorupanimena of consid erable activity. London, where money, and discounts were firmer, was not a factor here. The bond market was lower and general ly Irregular. Total sales, par value $3,728, OOO. United States bonds unchanged on call. CLOSING STOCK QUOTATIONS. . Closing Sales. High. Low. Bid. Allls Chsl pf 2H Amal Copper .. 47.100 82 80 81 , Am Agrlcult 5 Am Beet Sugar. 8.000 73 . 71 72 American Can .. 8.000 35 33 34 Am Car Fdy, 1.300 58 57 56 Am Cotton Oil..- 400 33 62 52 do preferred. 24 Am Ice Securl.. 600 26 25 25 Am Linseed ... 1.2-10 14 14 13 Am Locomotive 1.50U 2 42 41 Am Smel A Ref 7.000 83 Sl 81 do preferred.. . 100 107 107 107 Am Steel Fdy 35 Am Sugar Ref.. 1.000 128 127 127 Am Tel A Tel.. 1.100 145 144 144 Am Tobacco pf. .... 100 Am Woolen 27 Anaconda M Co 2,100 40 40 40 Atchison 8.800 108 107 107 do preferred.. 100 102 102 102 Atl Coast Line.. 300 139 1S 138 Bait & Ohio ... 1.20O HW 107 1(T7 Bethlehem Steer i00 36 34 34 Brook R Trad.. 6.60O 92 91 .90 Canadian Pac .. 3.00O 206 263 24 Central Leather 900 23 . 25 24 do preferred ..... 92 Central of N J 35 Ches Ohio ... 1.200 79 78 78 Chicago A Alton . 23 Chi Gt West ... 800 17 1 6 16 do preferred.. 500 : 83 82 82 Chicago As N W 600 137 136 1S6 C. M St Paul 8.70O 104 10 102 C. C; C 4 St L 68 Col Fuel Iron 900 29 ' 28 20 Col & Southern. 41 Consol Gas 4.8O0 144 142 142 Corn Products.. 30O J5 15 15 Del & Hudson.. 400 167 166 167 D A R Grande. . 100 19 19 19 do preferred.. 35 Distillers' 6ecur 1.2O0 82 31 81 Erie 6.0O0 34 83 83 do 1st pf 800 52 61 50 do 2d pf 41 Gen Electric ... 1.400 178 176 176 Gt North pf ... 6,500 136 135 18.1 Gt North Ore .. 1.300 43 42 42 Illinois Central. 10O 128 128 128 Interbor Met ... 6.KOO 20 20 20 do nreferred.. 3.300 59 57 57 Inter Harvester 1.0OO 118 118 117 Inter -Marine pi iuu lot - -i 'v Int Paper-..-.. - 200 15 15 ' 15 Int Pump . 100 26 26 26 Iowa Central . .. 13 K C Southern.. 700 25 25 25 do preferred.. 58 Laclede Gas ... 100 106 106 105 Louis Nash.. 1,800 159 157 157 Minn St L - 18 M, S P 4b S S M 1.2O0 148 147 146 Mo. Kan Tex. 80O 26 26 2 do preferred.. 100 61 61 59 Mo Pacific 2,800 86 36 36 Nat Biscuit .... 100 150 150 150 National Lead .. 1.100 57 67 56 N Ry Mex 2 pf. 100 80 80 80 J Y Central ... - 700 161 114 114 N Y. Ont Wes 31 Norfolk West 6,600 116 114 115 Nortn American 5O0 83 83 83 Northern Pae .. ROO 81 31 31 Pennsylvania ... 700 124 123 12.1 People's Gas ... 1.000 115 114 114 P. C C St I,. . 100 108 . 108 108 Pittsburg Coal. 20 Pressed S Car.. 200 85 35 34 Pull Pal Car .. 400 162 162 161 Ry 6teel Spring 50O 34 34 S3 Reading 88.300 1 63 161 161 Republic Steel .. 500 26 25 23 do preferred.. 400 84 83 S2 Rock Island Co 3.500 24 23 23 do preferred.. 600 4 48 4S St L ft S F pf 100 36 . 36 36 St L Southwest 87 do preferred .- - 73 Sloes Sheffield 54 Southern Pac .. 8.00 109 10S 10R Southern Ry ... 2.000 29 28 S do preferred.. 2O0 76 76 76 Tenn Copper ... 1.400 44 42 42 Texas ft Pao .. 300 22 21 22 Tol. St L ft We 13 do preferred, i 29 Union Paclflo .. 51.900 167 164 165 do preferred.. 400 90 90 SSJ4 U S Realty .... 2.80O 83 Sl 81 U 8 Rubber ... l.Snrt 53 . 52 52 U S Steel lll.t-00 67 67 do preferred.. 1..100 111 ' 111 111 Utah Copper .V 5.000 61 60 60 Va-Csrtr Chem.. 1,900 . 48 48 48 Wabash - 300 4 4 4 do preferred.. , 500 - 13 13 13 Western Md 57 Westing Elec -. 75 Western Union. 600 82 . 81 81 Wheel ft L E.. 700 . 6 8 Lehigh Valley.. 14.800 167 lr. 16-1 Chlno Copper.. 6.4O0 31 30 30 Ray Consols ... 2.AOO 81 20 20 Am. Tabocco ... 3,400 2l 2S7 27 Sea board Airline 600 23 22 . 22 do preferred.. 600 53 62 . 52 Total sales for the day. 513,000 shares. BONDS. Furnished by Overbeck ft Cooke Co., Port land, 7 v Bid. Asked. Amor Tel ft Tel conr 4s 114 115 Amn Tob 4s .' Amn Tob 6s ' 120 AtchUon Gen 4s -. 7 97 Atchlnon conv 4s 107 108 Atchison adl 4a stamped IH) 90 Atchison conv 3s 107 109 Atlantic Coast Line cons 4s.... 94 8.V Atlantlo Ct Line "LftNcoll" 4s 94 .. 94 Baltimore ft Ohio 3s 00 91 Baltimore ft Ohio 4s 97 98 Brooklvn Rapid Transit 4e 1(2 03 Can Southern first 5s ....101 101 C ft O 4s 100 - 100 C B A Q ren mtg 4s.... 9 96 C B A Q joint 4s C B Q Ills 4S 99 100 C B'A Q Denver 4s 96 96 Cent Pac first 4s 96 96 Chicago ft East Ills 4s 78 ' ' 81 Chicago R-I A P ref 4s. ...... 68 89 Chi R-I A P Col trust 4s 6 00 Colo A Sou first 4s 94 95 Denver ft Rio Grande 4s 84 85 Del ft Hudson conv 4s i 88 88 Erie first cons P L 4s 8 00 Int Met 4s - 2 . -.83 Japanese 4s 85 87 Japanese first 4s 91 92 Japanese second 4s B0 91 L ft N unl 4s 88 99 Mo Kan A Tex 4 s. .......... . 97 37 Mo Pac 4s 71 73 N Y Cen 3s 87 87 N T fen L S 8 -r.... 81 81 N Y City 4s 92 91 N T City 4 of 1957 106 107 Norfolk ft Western 4s 110 Norfolk ft Western conv 4s 114 116 - N Y Ont ft W 4S...- 90 93 Nor Pac P L 4s 99 99 Nor Pac 8s 69 69 Oregon Short Line 4s.......... 93 94 Oregon Ry A Nav 4s 94 95 Penna Ry 4a of 1948. 113 114 Philippine Ry 4s 86 Reading gen 4s 7 S Republio of Cuba 6s..... 103 Sou Pac first ref 4s..... 94 93 Sou Pac col 4s 90 90 Southern Ry 4s 78 79 St L ft S F ref 4s 77 78 Union Pac first 4s .......110 110 Union Pac conv 4s 101 101 Union Pao ref 4s 97 97 United States Steel S F 6a 112 112 United State 2 registered. ,. ,.100 101 United States 2s coupon. ..... ..100 101 United States 3s registered. . .. 102 102 United Statea 3a coupon 102 ' 102 United States 4s registered 114 114 United States 4s coupon 114 114 United Railway S F 4s..-. 66 67 United Ry Bt L 4s...'.......... 76 77 Wabash first 4s 70 71 Western Union 4s 97 97 Weatlnghouse conv 5s 94 95 Western Pac 6s 84 83 91 91 West Shore 4S .100 114 Stocks at Boston. alloues ........ 43 IMohawK . 63 . 20 . 7 . 30 . B . 85 .115 Amal Copper . . si jievaaa ion ... Am Zn Ld A Sm 30Klpissing Mines. Arizona Com .. 6 INorth Butte ... B ft C C ft S M. 7 North Lake ... Calumet ft Arts. 7 Old Dominion . Calu ft Hecia...520 Osceola Centennial ..... 22 Qulncy S Cpr Rg Con Co. 57 Shannon ........ 15 E tfUtte LOP ion aupcitur - Franklin ....... 10 Sup A Bos Min.. 2 Glroux Con .. 4 15-16'Tamarack 38 aranbr Con 63 IU S Sm Rf A Mn 44 Greene Cananea. 1 do pro Isle RovMle (CD) 38 Utah Con 10 'Utah copper Co. 60 IWInona 52 Kerr Lake 2 Lake Copper ... 34 La Salle Copper. 0 Miami-Copper ..: 26 Wolverine luf Money Exchange, Etc. . NEW YORK. July 10. Money on call, . nS-J..' Man.' .iilin. r . . . 9 TUT 111 111, ,1 11 - - -1 - ...... ' . cent; eloslng bid, 3 per cent; .offered at 3 per cent. Time loans, steady; 60 days. 3 per cent; 90 days. 3 per cent; six months. 4p4 per cent. Prime mercantile paper. 4G4 per cent. Sterling exchange firm, with actual busi ness in bankers' bills at 4.85 for 60-day bills and at 14.8740 for demand. Commercial bills, $4.84. Bar silver, 61c . Mexican dollars, 48c Government bonds, easy; railroad bonds. Irregular. LONDON, July 10. Bar allver nrm. 28 l-16d per ounce. Money, 22Vl per cent. The rate of discount in the open market for short bills Is 2 per cent; for three months' bills. 2 15-164,' 8 per cent. Condition of the Treasury. WASHINGTON, July 10. At the begin ning of business today the condition of the United States Treasury was: , Working balance in Treasury of fices 94.071.182 In banks and Philippine treasury 35,501,011 Total of the general fund 160,152.615 Receipts yesterday 2,169,000 Disbursements 5,540,364 Deficit to date this fiscal year, $6,190,127, as against a deficit of $5,662,825 at this time last year. ' These figures exclude Panama Canal and public debt transactions. ' Sterling; In Saa Francisco. SAN FRANCISCO, July 10. Sterling on London Sixty days, $4.85; do, sight. $4.87. Silver bars, 61c; Mexican dollars, nomi nal. Drafts, sight. 2c; do. telegraph, 5c. Steel Trust's Unfilled Tonnsxe. NEW YORK, July 10. The unfilled ton nage of the United States Steel Corporation on June 29 lotaHed 5.807,346 tons. HOG MARKET IS HIGHER ANOTHER DIME IS ADDED TO LOCAL VAXTJES. Cattle Prices Are Firm and Calves Sell at an Advance Trading Active at the Yards. There was a good run of stock of all kinds at the yards and a brisk demand throughout the day. The general tone of the market was firm, with hogs and calves selling at advances. Today will be ob served as a holiday at the yards. Choice steers were taken at $7. and sales at $6.65 to $G.S0 were numerous. Cows ranged In price from $5.50 to $5.65. A few high grade calves brought $8.25. There was a 10-cent advance In the. gen eral hog market, a load being disposed of at $8.35. A few extra choice hogs brought $8.40. Meet of the lambs sold went at $5.73. Wethers brought $4.15 and $4.50, and ewes sold at $8 and $3.50. Receipt yesterday were 434 cattle, 35 calves, 406 hogs and 1864 sheep. Among tne snippers were uicr dkju hnimp. rnnrion. 1 car of cattle: Hughes A Gentry, Heppner, 8 cars of cattle and sheep; W. ti. Fields, laano rails, cars ui. iiubo, Hnrh Cummina. McCoy. 1 car of sheep snd hogs; S. L. Overton, Brownsville, 1 car of sheep and hogs; E. D. Burdlck, Salem, 1 car of sheep; F. B. Decker. Jefferson. 2 caCff of "Sheep; Sevier A Weed, by boat,-3. hogs;' B. F. - Norwood, Harrlsburg, 2 cars of sheep; L. E. West, Oakland. 2 cars of sheep; T. P. Patton, Halsey, 2 cars of sheep; C. F. Nichols. Riddles, 1 car of cattle; Cooper ft Whltsen, Roseburg, 2 ears of cat tle, and George Kohlhagen, Roseburg. 2 cars of cattle. The day's sales were as zojiows: , Weight. Price. 81 steers ; ..-..1206 $6.80 13 steers . . 1016 6.0 20 steers H55 7.00 17 steers . . 1230 6.40 1 stag 1140 5.50 8 stelrs 1176 6.40 1 steer 1320 6.40 1 -t.er . . 1200 6.80 1 steer 121)0 6.40 1 calf . 140 8.25 1 calf . . 150 8.00 6 steers 1016 6.30 3 stags H43 i.00 2 bulls 770 8.00 1 bull 1270 3.50 3 steers . . ""S B.30 910 5.50 2 cows 875 5.50 3 cows .. 03 - 3.50 7 cows 941 5.50 1 bull 170 3..0 2 cows - 125 5.50 3 bos 18 10 94 hogs y. 1 5 S-J 46 hogs -. 325 7.25 ' 2 hogs . . 7 3.00 23 sheep 7 3.00 88 sheep ! 4.00 1 bull 990 8.25 5 steers 1066 B.80 21 steer 1096 6.40 1 cow s,l 8-i!j 1 calf . T60 8.00 2 steers 1375 ' 6.00 4 calves 260 5.00 5 calve p -50 25 calve 182 8 00 7 steer .12'7 6.S0 IS steer 12 11.80 120 lambs . . 'i 292 wether. 1 207 ewes . . ....... . , oT J.wi 5S lambs 8:. ..i3 10 lambs 73 5.75 12 lambs 80 6-75 7 ewes 10-; -J ?0, 36 wethers 178 lamb, 2 5..5 2 calves - 00 12 calves 2I S.--5 30 lambs . . " 5 lambs .. " S.00 118 lamb. . . W 5.60 109 lamba ,10 119 sheep 1 2 S 15 steers t S i? 2?ttterl:: 1 cows . . lows 32 hosts . . 1 ! " 7 ho lj ' ?P 9't hops 217 e.i- The range of prices at the yards waa as Choice''' steers $6.75$7.00 nnrJrl steers .. .... "0r 5 Medium eer - 6.75 6.00 Mhodi,cJ.mco,w.er". .: m Good COWS J-0 6.7u &"cZ?Zl ?:Sol Good Th.avv calve. 6.00W 6.50 Good navy cajve. 3.50-81 5.00 stag". 600 nogs anna s 3x Light .. 6.25 T.00 Heavy .... Sheep- Tearllngtl . Wethers ..i Ewes ...... Lambs.- . 8.009 4.50 ...... 2.30i 4.50 3.000 8.75 4.50 5.75 Omaha Livestock Market. SOTJTH OMAHA. July 10. Cattle Re ceipts. 1800; market, active and Wronger. Native ateers. $6.2509.15: cow and heif er 83 50 7 25: Western steers. $5.25 8.25: Teras "steers. 4. 50 6.80: range cow and heifers $3 canner. $2.504.25; Blocker, nd feederl $4 6.50: calves. $4,757.75; bul' tag. etc.. $3.7$6.00. Hog--Receipt., 9000; market, 5c higher. Heavy $7 lOfi 7.30: mixed. $7.2O7.80; light, $7 15 '7:85; piia, $6 7; bulk, of aaiea, $7.20 Sheip Receipt. 3000: market trong. Yearlings, $5.506 6: wether,, $450 5; ewes, $3.75425; lambs, $7.50 8.00. 1 " Chicasja Livestock Market. . . CHICAGO, July 10. Receipt. 14.000; market. teady to 10c up. Beeves, $5.60 970. Texas Steers. $5.30 7.40; Western steers. $0.2597.75; stockers and feeders. $4 6.75; cows and heifers. $2.658; calves. $6 Hoits Receipts, 33,000; market, strong to 6c wrup. LUU $7.20 7.70; mixed. $7.157T75: hvy. $7.057.72: rough, Joslfis; pigs.. $5.35 7.80; bulk of sales, TSheepr-Reeelpts. 16.000: market, strong to 10c up. Native, $3.255.50; Western. $3.75 5.55; yearlings. $4.756.75; lambs, -native, $4.75 8.13; Western, $58.25. ' Wool' at St. LouU. ST. LOUIS, July 10. Wool, steady. Ter ritory and Western mediums, 2024c; one mediums, 1820c; fine, 14 170. Wis Cent 4s WHEAT BRACED UP Damage to Crop irr Minnesota by Storm Feared. GOOD GAIN AT THE CLOSE Market Opens Finn on Small Re serves Reported on Farms Hot Winds in Kansas Lift Price of Corn Reaction in Oats. CHICAGO. July 10. Fear that storm dam age in Minnesota would prove serious had a bracing effect today on the price of wheat. Wheat pursued an erratic course until de tails of storm injury in Minnesota caught the attention of the crowd. The market opened nrm on the Government report, showing farm reserves the smallest in years. ' Hot winds in Central and Western Kan sas were held responsible for overturning henrish sentiment In the corn Pit. Much of the early depression appeared due to the Government report confirming estimates of a yield far in excess of last season s rta tm rMMnd with wheat and corn. Short sellers, who had been enthusiastic about the huge crop promised In the Washington es timate, were in a stampede to cover before the upturn in other cereaia naa aiisineo full humlwsv. Provisions went tho way of quotations for grain eagging under free sales ana men rallying with a vim. Futures ranged as follows: WHEAT. Open. High. Low. Close. July 1.03 1.04' 1.02 1.04J4 Sept 09 1-00 .98 1.00 Dec. ; 1.01 L02V 1.005. 1.02 hi CORN. July ...... .71 .72 .70 -72 Sept. .67 . .68 .67 .689 Dec .58 .69 .57 .57 May ...... .59 .60 .69 .59 OATS. July 42 .48 -.41 .48 Sept. 35 .36 .85. .35 Dec 36 .37 .36 .36 May 38 .39 .38 .38 PORK. Sept. 18.42 18.50 18-1 Jf-?. Oct. 18.30 1 8.53 18.27 18.55 lard". Sept. .....10.70 10.83 10.60 10.82 Oct. .-. 10.75 10.92 10.67 10.90 SHORT RIBS. July 10.37 10.45 10.30 10.45 Sept. .....10.55 10.62 10.47 10.60 Oct 10.55 . 10.60 10.47 1U60 Cash quotations were a follows: jye Is o. 2, 75c. Barley Feed or mixing, 68 70c; fair to choice malting. 95c(j 11.07. . Timothy seed $7.009.00. Clover seed $17.00 l.0O. Mess pork 118.25 18.87 . Lard In tierces. $10.65. Total clearances of wheat and flour were equal to 162,000 bushels. Primary receipts were 267,000 bushels, compared with L211. 000 bushels the corresponding day a year ago. Estimated receipts for tomorrow: Wheat, 11 cars; corn, 142' cars; oats, 4 cars; hogs, 17,000 head. European Grain Market. LONDON, July 10. Cargoes dull. Walla Walla, September-October shipment, 37s 60. English country markets firm. French country marketa quiet. LIVERPOOL, July 10. Close: Wheat, July. 7s 6d; October, 7s 2d; December, 7s ld. Weather cloudy. Grains In San Francisco. BAN FRANCISCO, July.lO. Spot quota tions: Walla Walla. $1.6501.67; red Rus sian. 'fl.01.62; Turkey red. $1.709 1.7o. bluestem, $1.67 L70; feed barley, $1.40 lJVT white oats, $1.921.95; bran. $28 5o2fU0; middlings, 33.0034U0; sno.r-t.' :l2j2' k..,n..mber. '1.54 bid. $159 asked; May, $1.50 bid, $1 o asked. Barley uecemDer, ti-acn; f" - Puget Sound Grain Markets. TACOMA, July 10. Wheat Spot, blue stem. 95c; club, 91c; September delivery, bluestem, 86c; club. 82c. Receipts: Wheat, 18 cars; barley, 1: oats. 2; hay. 1L 'SEATTLE, July 10. Wheat Bluestem, 92c- fortyfold. 87c; club. 87c; fife, 87c; red Russian. 87c. Yesterdsy's car receipts. Wheat. 8; corn, 2; hay, 16; oats, 4; bar- lcy' Minneapolis Grain Market. MINNEAPOLIS. July 10. Close: Wheat, July $1.06; September, $1.01 1.01 ; S! No"i0hard. $1.00; No. 1 Northern. $108 1-09: No. 2 Northern, $1.07. o. i wheat. $1051.05. Oats No. 3 white, 4747c. Rye No. 2, 60 70c. . Bran In 100-pound sacks. $20.50 21. ADMIRAL IS IN DEMAND COMMANDER ' RETXOLDS, PA' CIFIC FLEET, KEPT BUSY. Xavy Officer Visits City Council and Is Honor Guest at Banquets and Functions. Admiral Reynolds, commanding; the Pacific Reserve Fleet, an honor guest of the city, passed a pieasa.ni. ay j an a VKTV buSV 0116 SOCiallV ,n with a hrilliant banauet last night at the Arllngrton Club. This was attended by many prominent people and was a notaoie event 01 me wocn. n.u imirfti la niiartered at the Im perial Hotel, where each morning- a committee of trie. HiiKB, ranjauus t-u ti OnrinirH Rsorra H. Kelly. Tom N. Monks and Russell Hawkins, meets and plans the activities of the day. The Admiral has not suincieni aumoiuj iu overrule the? orders issued to him by the committee, but he has found their plans for his visit daily of such pleas urable nature thai ne wouia out, u u could, change them. They have shown the Admiral the city by automobile; have made him the honor guest at several banquets and dinners and have taken delight in showing- him every possible courtesy. They are representing not only the Elks, but the entire city's population and, in a sense, the state. The people of all Oregon are grateful to him for having used his influence in getting toe fighting ship here and the people are showing their gratitude In every man Admiral Reynolds, Lieutenant Joseph Little and Lieutenant J. H. Klein vis ited the City Council yesterday morn ing They were accompanied by Har bor Master Speler. Mayor Rushlight introduced the officers, and Council man Baker, who was In the chair, made an address of welcome. After a unani mous vote of thank to Admiral Reynolds for bringing the battleship Oregon to Portland, and passage of a formal resolution to that effect, a ro cess of five minutes was taken. The Councllmfn greeted'the officers heart ily. SCHOOL GARDENS ARE SURE Committee Urges Another Contest and Permanent Features. . " There is to be another school garden contest next year. This decision was reached Tuesday at a meeting of the school garden contest committee. Resolutions were adopted urging the School Board to adopt changes and ad ditions to the present system which embrace the employment of an agri cultural expert to visit the schools and lumbermens National Bank STRANGERS IN THE CITY? We sell travelers' checks payable anywhere, and issue drafts on all available points throughout the world. Capital - - LADD &TILTON BANK Established 1869. Capital Stock Surplus and Undivided Profits. ....... Commercial and Savings Accounts Letters of credit, drafts and travelers' check issued, avail tble in all parts of tie world. OFFICVIU W. IH. Ladd, fvealdent. Robert . Howard, Asst. CaaMra Edward Cooking; am, Vlce-Presv J. W. Ladd, A.st. Cashier, XV. H. DaneUey. Cashier. ' WtJtex M. Csk, JUt. CaadtU. First National Bank i 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 Cherbourr 8rat ham p ton. Atlantic Transport Line New York London Direct. RED STAR LINE Jiew York Dover Antwerp I'arls WHITE STAR LINE New York Queenetown Uverpool New York Plymouth Cherbourg Southampton. -Boston Qiieenstown Liverpool Boston Mediterranean 1 " . . ,. H b.i. or Contpanx'. 0c BooB'BaHe, Bn.ldln,. and. Cherrr St.., 8et.e, or ..t.ntlftf. nerrlculture. It Is also suggested that the School Board secure plots oi s" munlty gardens. . , mUJl- fnn the Inclusion of a department of agriculture in the course or stuay m mo and the establishment, ultimately, or an agricultural high school Marshall . JJana, lu - -- E J. Jaeger were re-elected respect, vo ly", chairman, secretary and treasurer. Pasco Postofflce's Business Big. PASCO, Wash., July 10. (Special.) According to the report of Postmaster Schutt the receipts of the Pasco post office for the year ending June 30 amounted to S10.867.10. which is nearly itulithic pavement stands the test of time, weather and hard traffic insist on Bitulithic. Ohio Copper Company Reorganization TO THE STOCKHOLDERS OF THE OHIO COrfK ctMiJr ais i : Notice Is hereby given that the time for depositing the stock of the Ohio Copper Company and subscribing for the stock of the new company, auuvtu ' -''l por Mlnlne Company, expires July 25th, 191Z The first Installment of fifty cents (dOc) per share In New York exchange with signed subscription agreement accompanied by cer tificates of stock of the Ohio Copper Com pany (duly indorsed In blank or to the Ohio Copper Mining Company) must be for warded on or before July 25th, 191J. to the Empire- Trust Company, 42 Broadway, New York City or to the International Trust Company. 45 Ml"k St.. Boston. Mass.. to eith er of which checks may be payable. The second Installment of fifty cents (80c) per share Is due on or before September loth, 1912. Negotiable subscription receipts will nsvment of the first Install ment, which upon final payment will be ex changed lor stoca oi m cuiutwur. As heretofore afivised. stockholders who do not so participate will receive dividends of twenty-five cents (25c) per share on the stock of the Ohio Copper Company on final liquidation of that company's affairs. You are earnestly recommended to avail yourselves of the benefits which the proposed plan affords by subscribing to the stock of the new company. Subscription blanks to be had upon appli cation to this office or to either of th above-mentioned trust companies. By order of the Board of Directors. Frederick Kcksteln, Secretary, July 9. 1818. T Broadway. New York. J.C.WILSON&CO. STOCKS, BONDS, GRAIN AND COTTON MEMBERS KW YORK STOCK EXCHANGE NEW YORK COTTON EXCHANGE CHICAGO BOARD OF TRADE THE STOCK AND BOND EXCHANGE SAN FRANCISCO. PORTLAND 0FPICE: Main Floor Lumbennens Bank Eldg. Fifth and Stark. Phonea Marshall 4120, A 4187. i R $1,000,000 ....fl,000,000.00 .... 800,000.00 JULY 27 A W W YORK Aug. 1 7 Sept. 7 Sent. 28 Oct. 19 WHITE STAR-DOMINION Montreal Quebec Liverpool "MEGANTIC" & "LAURENTIC" Largest and Finest ft earners on St. Lawrence Route Only Four Days at Sea TO EUROPE IK COMFORT AT MOD ERATE RATES. Twin Screw S. S. "Canada" and Teutonic'. ONE CLASS (11) CABIN SERVICE THIRD CLASS CLOSED ROOMS BsKgsge checked through to bteamer In Bond. Embark night before sailing. No hotel o.r iransier $1000 more than the amount required to secure a free mail delivery within the city limits. More than 6000 of thli amount was profit for Uncle Sam, at the expenses of the office were only 13620 The receipts represent postage sales'and box rent, 49871.10 being cred ited to the former and J996 to the lat ter. e TJs INCORPORATED O CONSULTING and CONSTRUCTION ENCINEERS PUBLIC 8ERVICE PROPERTIES FINANCED and MANACED SO Pine 8treet NawYbrk TRAVELERS' GCIDE. Canadian Pacific , -EMPRESSES OF THE ATLANTIC" JLSO OJ'HKK STiiAMBHll'S. ' MONTREAL QCKBECAND LiVKBFOOIl SCENIC ROUTE TO ECROFB 1000 MILES ON THE ST. LAWKiiNCH RIVKB AND LESS THAN FOUR DATS AT SIS A 2833 MILES. PORT TO PORT THE SHORTEST OCEAN PASSAOB First Cabin !!5?SSn5 Becond Cabin 43.78 and na ote-Class Cabin (2d-class) 60.00 and n. Third-Class Lowest rate on request. Canadian racltto office, corner Tblrd and Pins (Multnomah Hotel bld.. Portland, and all local agents San Francisco, Los Angeles and San Diego Direct S. & Roanoke and S. S. Eldez Sail Every Wednesday Alternately t P. iL N0KTH PACIFIC S. S. CO. 11 A Third St. Phones Main 1314. A 181 COOS BAY LINE ; STEAMSHIP BREAKWATER Sails from Ainsworth Dock, Portlanfl, at 9 A. M., July 2. 8, 14, 19. 24. 29; August 3 8, 13, 18, 23, 28. Freight received at Ainsworth Dock daily up to S P. M. Passenger fare first-class, $10; second class $7, Including berth and meala, Ticket office Ainsworth Dock. Phone Main 3600. A 2332. LOS ANGELES AND SAN DIEGO STEAMSHIPS YALK AND HARVARD. Railroad or any steamer to San Fran cisco, the Expo City. Largeat. fastest and th ONLY strictly flrst-clas pas senger ahlp on the Coast. Average, speed 28 miles pr hour; cost $2,000,000 eaoh. SAN FRANCISCO, PORTLAND L. A. S. S. CO, ' Main 62S. Frank Ilollaia, A cent. A 459. 12S Third t treat. EXPRESS STEAMERS FOB San Francisco and Lo Angele THOMAS M CUSKER. WITHOUT CHANGE 8. S. BEAVER sail A. M., July 1L ' THE BAN FRAN. PORTLAND 8. S. CO. Ticket Office 142 Third Street, Phone Main 2605. A 1402. AUSTRALIA AND NEW ZEALAND Union Line of N. Z.) VIA TAHITI AND WELLINGTON. Direct through -steamers, sailing from Sn Francisco July 24, Aug. 21 and every 28 days to Tahiti. Rarotonga, Wellington and Sydney. The line to Isle of tbe South Seas. For reservstlons see Coupon Rsllrosd Agents or address Hind, Rolph A Co., San Francisco.