. A- a i. -
OP OUTLOOK HUE
Quality as Well as Quantity
Assured in This State.
WEATHER MOST FAVORABLE
Yield or Xot Lees Than 110,000
Bales 1 Expected In Oregon. "
Market at Present Is Qnlet .
With Growers Watching.
. . . . ...at boo crop In Oregon
cold not be better. The "arm weather of
the past few dsys ha had the enect -01
checking the actlvltlea of the aphis and
growers expect the peat to disappear en
tirely IB a few days. In the meantime a
number of them have been spraying ana
othere are preparing to .pray next week.
There would hare been more spraying done
thta week had not haying and the Portland
celebration taken up the farmer atten
tion. It la aafe to aay the quality of the
Oregon crop this year will be the beat for
many seaeona
Conservative hopmen. who have care
fully examined condltlona In the valley,
estimate the crop at not leaa than 110.00
bales. Many Inatancee are given where
yarda will run 100 per cent better than laet
rear, while the number that will produce
so per cent more than In 1911 are Innu
merable. The market at preaent la quiet. A few
blda are made on contra eta. but growers aa
a rule are not offering the new crop. There
fa a little Inquiry for apot heps, but the
trade In thla line is restricted by the small
nesa of the supply.
FAXCT PRICE" PAID FOB SHEEP
Malheur Buyer gee una Polk County Block
at ft Bead. --.
Harry U Anderson, of the Malheur Live
stock A Land Company, purchaeed 100 head
of Cotawold sheep from Stump Rlddell.
near Monmouth, at $29 per head, according
to the" Dallas Observer. This Is a fancy
price to pay for sheep, but when one con
elders the quality and the purpose for
which they are bought.. It la Tory reason
able. They were purchased through C. W.
Rawley. a breeder of fancy stock. The band
was driven Into Independence and ahlpped
to Huntington, where they will be dis
tributed to aeveral breeding ranches of the
company.-
Mr. Anderson reports this to be the finest
band of sheep ever shipped from this valley,
and he haa handled a great many hundred
sheep. He will use, most of these for
breeding purposes, having aecured several
hundred fine full-blooded rams from Canada
and Colorado.
POSITION OF WOOL GROWS STRONGER.
Holders Encouraged by Results of Loodos)
, Auctions.
The prteea realised at the London wool
auctlona have added considerable atrength
to the situation In this country. Holders
of domestic wools were firmer than they
wero the week , previous, although at no
time alnce the naw clip begsn to come for
ward haa there been the slightest indication
of weakness In any direction.
Advances of from S to 10 per cent, ae
:ording to mall advices from New Tork,
were recorded on merinos and fine cross
breds and competition by buyera represent
Ing dealers and mills made It dear that the
demand during the present series wss going
to result In substantial commitments for
tbe United 6tate. Domestic fleece was In
good request.
RECORD HAT CROP IN LINN COrjiTY
Prospects for Oats and Wheat Are Also
Fine in Lebanon Section.
LEBANON. Or.. July 10. (Special.) The
farmers of Eastern Linn County are now In
the midst of taking care of the largest hay
crop ever harvested in the county. The
farmers are calling for help to care for
the crop, and there seems little need for
an Idle man In the county who la able to
work.
The farmers are taking advantage of the
good weather and are rapidly filling their
barns and putting the hay Into the stack
for the balers.
The prospects for the oat and wheat crop
la also the very best. The Fall grain Is
now nearly ready for the binder and the
yield Is expected to be good. Everything
points to prosperous, times next Fall in
the Willamette Valley, end even a Presi
dential election ehould not aerlously dis
turb business conditions, especially with the
tillers of the soil. , '
THE LOCAL GRAIN MARKET IS DILL
Dealings la Spot Wheat Small and Prices
Unchanged.
There were no new developments In th'e
grain market yeaterday and transactions
were very small. Spot prices were un
changed. No recent trading In the new
crop waa reported.
Weekly foreign wheat shipments were as
follows:
This Wk. Last Wk. Last Tr.
Argentina l..'..12.0iX) 3I.14.wiO 1..M.0O0
India S.&X'JlOOO 2.8u&.iifl l.GtH.lHM
Australia ..... 3M.0O0 332.000 640. OW
Local receipts. In cars, were reported by
the Merchants" Exchange as followe:
Wheat Barley Flour Oata Hay
Mdnday 13 1 11 3
Tuesday 1 3 4
Wednesday . 4 .. S . . 1
Thurs. and Frt.. 10 .. 8 4 3
Year ago 23 . .. .14 . S 8
Season to date. Ins 2 30 16 42
Year ago 106 3 101 18 8!)
Good Fruit Supply on Front Street.
Buatnesa In the fruit market opened up
on a lively scale after the holiday. Among
the new offerings were four cars of can
taloupes, four cars of watermelons and a
mixed car of California apricots, peaches,
apples, pears and plums. Deciduous fruits
are gradually declining aa the season ad
vance Cantaloupes were quoted firm at
$2.50$ 2.75 a crate. Melons were offered
at 2V.f2He-a pound.
The berry market was steady.
Country Produce Not So Firm.
The' country produce market ts becoming
top-heavy, as Is to be expected as the
holiday rush subsides. Prices were main
tained yesterday on eggs and poultry, but
may be lower In the next few days. Not
all the poultry received yesterday was dis
posed of. Dressed meats continued fairly
firm.
The butter and cheese markets were ac
tive at firm prteea
Bank Clearings.
Bsnk clesrlngs of the Northwestern cities
yesterday were as follows:
Clearing Balancea
Portland $2.6S.216 J237.184
Seattle 1.84:1. 413 214.287
Tacoma ,1S8 ' 67.351
Spokane Ha.iiO 81.16.
PORTLAND MARKETS,
Grain, Flour. Feed, Etc
WHSAT Track prices: Blnestem. Te;
rlub. 84c: red Russian. 84c; Valley, 84c;
40-fold. 84c
FLOUR Patents. B.10 per barrel;
straights. 84.70: exports. $4.20; Valley. 15 10.
HAT Timothy. $14016.30; alfalfa. $12.60;
clover, f 10; oata and vetch, $12; grain bay.
$9. - -
MILLfiTTFFS Bran. $23.50 per ton:
shorts. $28: miodllngs. $32.
CORN Whole, $3f; cracked. $40 per ton.
OATS No. 1 white. $4j33 per ton.
Vegetables and Fruits.
FRESH FRUIT Cherries. 2 10c per
pound: apples, old. $1.5f:i per box: new,
$1.75 8 2 per box; peaches. 73ft 90c per box;
,. at ti n tier box: Blums. $191. 4A
per box: pears. $1.35 per box; prunes. $1.40
per box; apricots, $1.25 per box; grapes,
$2.50 per crate.
BERRIES Raspberries. $1.50 per crate:
loganberries. $1.25 per crate: black caps.
TROPICAL FRUITS Oranges, .Valencia.
$3 256 3.75- California grapefruit, $4-50.
lemons. $S.Bff per box; pineapples. c per
'"MELONS Cantaloupes. $2.5002.75 per
. . vuftquii nr nound.
a Tai .v.a Artichokes. 630 oc Pe
doxen; ssoaragus. $1 per dosen: bean,
83
UVwUI, ' a w r
. w 1 at Lt rer nound :
caull
sc; V- ' ,-
per
flower, p" ..,....,. --
$1
crate; corn, sue , :
per box; eggplant, 25c per pound: head
lettuce. 12e per doxen; pea. 8e per
pound: pepper 1213c per pound; rad
ish 13 20c per dosen; rhubarb. 2 c per
pound: spinach. 4 5c per pound: tomatoes.
S101.6O per box; garlic 86100 per pound.
POTATOES Jobbing prices: Burbank
old. $ll-25 per hundred; new. per pound.
1 'oNIONS California red, $1.25 per sack:
yellow. $1.50 per sack.
SACK VEGETBLES Carrots, $1.75 per
tack; turnip $1.25 per sack.
Dairy and Country Produce.
EQQ8 Case count. 26c; candled. 24c; ex
tra 30c per dosen. '
BUTTER Oregon creamery butter, cube
or solid pack. 28c per pound; prints. 2c per
pound.
CHEEJU Triplets and daisies. 17c per
pound. .
PORKFsncy. JOtflOtte per pound
VEAL Fancy, 13&ei4e per pound.
POULTRY Hens, lift 13c;. broiler ltf
18Vic; duck young. 10llc: geese low
lie; turkeys, livs. 18c; dressed, 24 6 25c
Staple Groceries.
SALMON Columbia River, one-pound
tails. (2 23 per dozen; eight-pound tell
$2.98; one-pound flat $2.40; Alaska pink,
one-pound tall $1.35.
COFFKE Roasted, In drum 2o4oe
per pound.
NUTS Walnut 16lWe per pound,
Brazil nut 12c: filbert 1415c; al
mond 17021c; peanuts, 18c: cocosnut oc
$1 per dozen: chestnut 12Ho per pound;
hickory nut 6010c per pound.
HONET Choice, $3.76 per case; strained
honey, 10c per pound.
SALT Granulated. $15 per ton: hair
ground. 100s, $8.50 per ton: 50 $9 per ton.
BEANS Small white. 6.40c; large white,
5.20c: Lima, 660c; pink. 3!c; Mexican
4c: bayou. 4c
RICE No. 1 Japan, 6c: cheaper grades.
85c: Southern head 6 7 Me.
SUGAR Dry granulated. $5.88: fruit ana
berry, $5 83: Honolulu plantation, $5.80;
beet. $5.60; extra C. $5.35; powdered, bar
rels. 16.15: cube barrel $6.25.
DRIED FRUI18 Apple 14o per pound;
apricot I6ei8e: peache H&c;
prune Italian 10HK: silver. 18 c.
fig white and black. HTc; curranta,
me; raisin loose Muscatel. 147Hc;
bleached Thompton. 11 "ee: unbleached Sul
tana 8Hc: seeded. 7H84c; date Per
alan. (He per pound; Fard, $1.60 per box.
Hod. Wool and Hides. ,
HOPS 1912 contract 20621c; 1911 crop,
28tj27V4s.
MOHAIR Choice, 82c per pound.
WOOL Eastern Oregon, 14919HC per
pound according to shrinkage; Valley, 21 0
23c per pound.
PELTS Dry. 18c: full wool butcher pelts,
$1.2561.73: shearings. 10030c.
H1DEj3 Salted hide llc per pound:
salted calf. 20c; salted kip. 11012c- green
hide lie; dry calf. No. 1. 23c; No X 20c;
dry bide lNQ20c; salted ataga. 7Vf8c;
green stag 6U0TC . ,
CASCARA Per pound. 60514c; ear.ot
SfcSStte.
GRAIN BAOS In car lots. lOHc
Provisions.
HAMS All fixes, 1601Te: skinned.
16y-017c; picnic 12c; boiled. 26ttc
BACON Fsncy. 26 27c: choice, 20021c
DRY SALT MEATS Back dry salt, 11 H
012 Me; back smoked, 13 014c; bellle dry
salt. 18 He: bellle smoked, 15c
LARD Tierce basl choice, 1854c; com
pound. 9e; leaf, three-pound pall $8.50
MISCELLANEOUS Pigs' feet, kit $1.35;
sliced beef. Inside $28 per esse; lried beef.
Inside 25c per pound; bologna, canvas
back. lOHc; mlnctd ham. 12c
linseed Oil and Turpentine.
LINSEED OIL Raw. barrel 88c: boiled,
barrel 90c: raw. case 93c; boiled, caae
85TURPENTINE Case 60c; barrels. 66ttc
SAN FRANCISCO PRODUCE MARKET
Prices Quoted at the Bay City for Vege
tables. Frtdte. Etc.
SAN FRANCISCO. July 12. The following
produce prices were current here today:
Fruit Apple eholce, $1.M; common, $i;
Mexican lime $607: California lemons,
choice. $5; common. $2.50; pineapple $2 93.
Cheese 13017c
Dutter Fancy creamery. 28c.
Eggs Store. 23c: fancy ranch. 25c.
Vegetables Cucumbers. 5075c; garlic
2Sc; green peas. $1.50 0 2.25; string beans,
20 5c: tomatoe $202.50: eggplant Ic.
Potatoes River Burbanks, 85c0$l.lO;
Oregon Burbank nominal; Early Rose, Toe
Hay Wheat. $18021: wheat nd oata.
$12 0 to: alfalfa. $i: ft 13.50.
Receipts Flour. 72SO quarter sacks;
wheat, 20 centals: bsrley. 5040 centals;
osti 26K0 centals; potatoes. 12.260 sacks:
middling 620 sacks; hay. ,990 tons; wool,
173 bal
BOSTON WOOL' PRICES ARE STRONG
W cetera Clips Sold to Arrive London Mar
ket Advancing.
BOSTON. July 12. The Commercial Bul
letin will say tomorrow:
A more general trade with a good business
has featured the Boston wool this week.
Prices are strong snd in some Instances
higher with thhe tendency upward.
Sales hsve included a limited amount of
foreign medium and coarse wools and a con
siderable quantity of domeatlc territories,
sold largely to-arrive. Fleeces hsve sold
in a fair wsy. the first sale of washed de
tainee being reported at 34 cent
London has advanced a half penny over
the opening, and the situation there con-
- ... nt 9i nr niiTit harlne
been paid over the ratea of the previous sslae
Metal Markets.
Standard, spot to October, 16.45 li. 00: elec
trolytic, lttXHJi"; urn...,
lti w
Tin week. Spot. 44.250 44.75; July. 44.24
0 44.75; August. 43.ti2 44.00.
Lead firm. 4.504.70.
Spelter firm. 7.206 7.40. ;
Antimony, steady. Cooksons 8.25.
Iron steady, unchanged,
Arrivals of copper at New York today.
. nw . .. .hi- mnnlh 11.945 ton
London copper firm: spot f74 2s Jd; futures
74 17S no. wmoon 1''' . '
Cleveland warrants. 6fls 4d In London.
New York Cotton Market.
v..... 10 rnttn futures
closed firm. 18 to 22 points net higher and
at practically the best point of the J?J
Julv 12.10. August 12 1. 8Ptmb,?r
12.25. October 12.86. November U
December January - t
12.46. March ja.oj, sw vy ,5 7V
steady. Mid-uplanda 12.50. do gulf. Ii75.
Sales 900 baic
Condition of the Treasury.
nlng of business today the condition of the
Unltea states irea.ury - ,
Working Bal. In treasury offices $
l n .. 1 . - mr,A i.lli.nlni treasury 35.963. 0e
TotsI of the general fund S-Ssl'sS?
Keceipis 7iuw J liusil
Disbursements S'iTiSia
Deficit to date this fiscal year -"-.2
D" t thU. time last year.. 10.9 8 419
inem ngun r-tiuuc ..-.. ,
public debt uansactlons.
Kftval 6tor.
a. a e a T TT f..lH f O T 11 $ F1 1 1 Tl B firm.
OA V API itAn, - . .
43 44c Sales. 01 1: receipt, 659, amp
ment 00; oc k 29 800.
it OS in lirm ; miu. o-v" ,
hlpmentf 2900; .ttk. M-OOO. Qtjto: B,
F. $i8O06!83: O,. $6.856.0: H.
6.92; eT $6.90 0 6.95; K, $7; M 7.2)
07.25; N. $7.4U; wu, fi.uv,
Dried Frmt at New Tork.
-w . a ... Ha tai at nnl atl
NEW TOR.. Juiy it-I"i""r",t,7Sr J
steady. On the spot fancy. 410i4C.
Prunes steady: quotations. $0Hc for
r-.Tlfornlaa nn to 30-40. and 6HVsC for
Oregon
teacno ttii,w, ..v.v-, " v -
tra choice 7074o; fancy. TH09c
Chi cage Produce Market.
.Mirirn In 1 v 12 Rutter steadv ' Cream
erlr 230 25c: dairies. 21 024c
Ess steady; receipt 10.067 cases: at
mark cases included. 15016tc; ordinary
a . - a -,r 17 U f.
Cheese. steady. Daisies, 15H015c;
-a . , ic iz M i.Ui" Vmin Americas. 15V.O
1514c; Long Horns. 15V.01Sc
Wool at St, Louis. .
ST IX5UIS, July 12. Wool, steady. Ter
ritory and Western mediums, 20 24c; nns
medium 18020c: line, 13017c
Hops at London.
LIVERPOOL. July 12. Hops in London:
PaciHo Coast. 7 "s to 19 6
BIG TRADE 111 SIGHT
Abundant Harvests Make Cer
tain Strong, Early Demand.
BUSINESS IS SEASONABLE
Pressure for Deliveries of All Kinds
of Finished Iron and Steel Prott
uctsWoolens and Worsteds
Advancing in Price. -
NEW YORK. July 12. R. G. Dun ft Co.-s
weekly review of trade tomorrow will aay:
The volume of business reaches season
able proportion With sbundsnt harvest
which seem aaaured, there should he, an
early and heavy demand for merchandise.
Production Jiaa been slightly curtailed be
cause of the hot weather and the necessity
of making repairs, while difficulty In secur
ing sdequate labor has delayed tbe blowing
in of several Eastern blast furnsces. Pres
sure for deliveries of all kinds of finished
products continues a greet feature of the
situation.
Quietness prevails In pig Iron and no
large contracts are pending, yet prices are
firm. There hss been an advance of $2 a
ton on iron pipe, and steel hoops and bands
are stronger. A lesdlng railroad has called
for blda 'on more terminal work, while ad
ditional marine construction .will require a
considerable tonnage of steel plate
In dry goods Jobbers display conservatlam
and are not Inclined to purchase freely until
they have more fully ascertained the trend
of Fall demand. . N
In woolens and worsteds the leading man
ufacturers are well aupplied with ordera for
Fall, come being so 'fully engaged that they
are not aeeklng new busines Announce
ment is made that the high cost of wool,
advance in wages and shorter hours will
lead to enhanced price
Leather and hides are in demand at ad
vanced quotations.
CROP PROGRESS HAS BEEN FAVORABLE
Improved Sentiment as to tbe Future
Building Operations Larger.
NEW YORK, July 12. Bradstreet's wto
morrow wai say:
Favorable crop progres improved senti
ment as to the future, maintained activity
In finished steel operations, some growth In
buying for Fall, a aoncededly good half
year's business In textile manufacturing.
accelerated building operations and better
retail trade comprehend the favorable fea
tures revealed by this week's report Col
lections are fair, with positive slowness ex
isting in the South.
Business failures In the United States for
the week ending July 11 were 252 against
170 last week. 196 In the like week of lull.
202 in 1910, 206 in 1909 and 258 in 1908.
Business failures in Canada for the week
number 28, which contrasts with 22 for
last week and 2 tn the like week of 191L
Wheat, Including flour, exports from the
United States and Canada for the week
ending July 11. aggregate 2,493,407 bushels,
against 2.993.558 last week.
Corn exports for the week are 126.179
bushsls. against -83.272 last week.
Bank Clearing
NEW YORK. July It. Bradstreet's bank
clearings report for the week ending July
11 shows an aggregate of $3,439,969,000, as
against $3,.o.5..ooo last week and $303,
S40.O00 tn the corresponding week last year.
Pet. Inc.
New York 7 $2,008,027,000 15.
Chicago V t05.S81.000 11.7
Boston .v 184.682.000 6.8
Philadelphia 163,641,000 10.4
St. Louis 81.!!8.000 4.4
Kansas City 48.733.000 7.4
Pittsburg $5,423,000 16. (
Kan Francisco so.CaO.ooo ".3
Baltimore 40,660.000 6.3
Cincinnati 29.917.000 10.4
Minneapolis 2O.S02.OOO 17.5
New Orleans 18.866.000 6.5
Cleveland 27,096.000 16.3
Detroit 21.853.000 5.1
Los Angeles 24.106.000 1.0
Omaha 18.371.000 27.4
Milwaukee 14.767.000 3.4
Louisville 13.246.000 .0
Atlanta 11.878.000 7.4
Portland. Or 10.601,000 6.4
Seattle 13,253.000 .
St. Paul 11.185.000 11.6
Buffalo 13.064.000 13.1
Denver ,. 11.79S.0O0 43.3
Indianapolis 9.S60.O0O -2.7
Providence 7.136.000 .1
Richmond $.303,000 18.7
Washington. D. C. 8.721.0OO 1.
Memphis 7.506.0O0 24.6
St. Joseph 6.976.000 -8.1
Salt Lake City 7.052.006 2.7
Fort Worth 6,966.000 33.4
Albany 6.672.0U0 10.7
Columbus 4.444.000 6.2
Savannah 4.183.000 1.7
Toledo 5.412,000 12.0
Nashville 4.800.0OO .
Hartford 6.038.000 16.3
Spokane, Wash 4.949,00 0 6.2
Tacoma 4.817.000 14.7
Oakland. Cal 4.803,000 29.6
San Diego. Cal 1.806. 000 40.7
Sacramento, CaL 1.859.000 12.3
Helena 829.000
Boise. Idaho ? 990.000 6.0
Ogden, Utah 621.000 30.5
Houston 31.866.00 0 35.0
Galveston 4,316,00 -.4
Decrease.
STOCK VMHET HEAVY
ST. PATJIi LOWER OX UNFAVOR
ABLE: CROP RUMORS.
Money Is Easier at New- York In
Site' of Increased Demand. "
Traction Bonds Steady.
NEW TORK, July 12. Heavlnee -which
subsequently verged on weakneas In eertaln
Issues, wss the dominant note of today's per
functory stock market. Prices were Inclined
to Improve at the outset, but selling orders
soon appeared In Amalgamated Copper.
Union Pacific and 8t. Paul, the latter deellrr
ing to Ita lowest quotation In almost five
years on rumors sffectlng the crops In its
territory. Later, Chicago Northwestern de
clined for similar reason e
As a matter of fact, the weakness in St,
Paul, which was fsr more active than United
States Steel, probably arose from the belief
that the raod has not earned half of Its re
duced dividend requirements for the fiscal
yeac This Is borne out by virtually all its
recent statementa of earning
Lowest prices of the day were made In
the last hour, when the list seemed to sag
of Its own weight. Efforts to break St. Paul
to nar were ineffective until toward the
close, but from this level a feeble rally was
made, with some slight Improvement else
where. -
Call money did not touch yesterday's high
figure, despite Increased demand. Time rates
were without appreciable change and bank
ers are hopeful of greater ease.
Bonds W4js irregular with soms strength
In traction Total sales, par value, $2.
982.000. United States Governments were
unchanged on call.
CLOSING STOCK QUOTATIONS.
Closing
Sale High, Low. Bid.
AMIS Chat pf ' 2 hi
Amal Copper .. 25,800 (H l) 80
Am Agricult .. 100 60 . 60 60
Am Beet Sugar. 1.600 72 71 71
American Can .. 18,500 " 87 851. 36
Am Car A Fdy. 600 57 57 36Vj
Am Cotton Oil.. -600 62 51 H 61
Am Hd A Lt pf 24 li
Am Ice Securi.. 400 25 23 24
Am Linseed 100 13 18 13
Am Locomotive 400 41 41 41
Am Smel A Ref 4.800 821 S0 81
do preferred. 107
Am Steel Fdy. 13
Am Sugar Ref.. 600 128 12T N 127
Am Tel A tel. . ww 144
Am Tobacco pf. 109
Am Woolen ..... 29
Anaconda M Co 1,600 40 39
Atchison 2.100 107 107 107
do prererrea.. .. joz
Atl Coast Line. ...138
B.lt A Ohio ... 800 10108 101
Bethlehem 8teel 200 85 84 34
Brook R Tran.. 2.700 91 91 91
Canadian Pac .. 2.200 263 262 263
Central Leather 24
do preferred.. tz
Central of N Jj...,. . 89.1
Ches Ohio .. 1.0N 79 78 " 79
Chicago A Alton 24
Chi ut west ... 2uo Jit J 10
do preferred 31
Chlcsgo N W 1.000 138 134 134
C. M St Paul. 20.800 102 100 10
C. C C 6t L 59
Col Fuel A Iron 400 29 u, stu mat
go'nl G..'?:- 1.900 143- 142 1
Corn Products . 500 14 14 14
gefcRHGUrrdne.:-"2o6 '.--i5
do preferred.. 200 S3 35 34
Distillers' Secur 200 31 61 31
Erie 1,700 38 33 3j
do 1st pf
Gen Electric ".'.' " iiooO 178 177 177
Gt North pf ... 8.000 -84 133 133
Gt North Ore.. 1.5O0 42 42 41
Illinois Central. 200 127 127 127
Interbor Met .. 2.200 20 20 20
do preferred.. 2,800 38 57 57
Inter Harvester IJ
Inter Marine pf ?
Int Paper 600 15 15 1J
Int Pump f$
Iowa Central "
K C Southern. .
do preferred :. ?
Laclede Gas 105
Louis A Nash.. 600 168 137 15 1
Minn A St L J
M. S P A S 8 M I?
Mb. Kan A Tex 500 26 26 26
do preferred,. 1O0 5 50 59
Mo Pacific 4.2O0 SAW 35 35
Nst Biscuit ... ,2.000 131 150 130
National Lesd.. 'g
v Rr Mex 2 pf 00
NY Central:.. 900 113 113 113
N Y. Ont A Wes 32
Norfolk A West 400 115 115 115
North American; --
Northern Pao .. 2.400 119 118 11J
Pacific Mall .... 2O0 31 31 41
Pennsylvania ... L00O 124 123 123
People's Gas ... LOOO 116 115 115
P. C C A St L.. 200 107 107 107
Pittsburg CoaL. 300 21 -20 20
Pressed S Car.. 100 34 34 34
Pull Pal Car ICH
Ky Steel Spring 100 34 34 33
Reading ....... 43.700 162 100 11
Republic Steel.. 800 25 25 23
do pref-rred.. 200 8." 8-t b3
Rock Islsnd Co. 400 24 24 24
do preferred.. 500 4 48 48
St L & S F 2 pf 100 36 86 86
St L Southwest, 30
do preferred ii .
Sloes-Sheffield 100 54 54 , 53
Southern Pac .. 1.40O J0S 108 108
Southern Ry ... 700 28 28 28
do preferred.. 200 76 76 6
Tenn Copper .. 200 43 42 42
Texas A Pac .. 800 22 22 21
Tol, St L A Wes 13
do preferred. -tf
Union Paclflc .. 80,500 165 164 14
do preferred, 90
U 8 Realty .... 200 83 81 83
U 8 Rubber ... 100 60 60 50
U S Steel 49.400 S 6'. S
do preferred,. 600 111 111, 111
Utah Copper .. . 600 0 60 6-
Va-Caro Chem.. 1,000 48 47 47
Wabash 1.100 4 4 4
. do preferred.. S0 14 14 14
Western Md .... ' 30O 37 57 56
Westing Elec .. au 10 i lj
nr..l..n ITninn ..... W
Wh.Ai A I, E .'. 200 6 5
Lehigh Valley . 12.100 166 164 1
Chlno Copper .. 900 30 2! 29
Ray Consols ... 2.400 20 20 20
Reabo.rd Airline '300 22 22 22
do preferred.. . 800 82 51 51
Total sales for the dsy, 806,300 share
BONDS.
Furnl-hed by Overbeck A Cooke Co.. of
Port,nd- Bid. Asked.
Amer Tel A Tel conv 4s.. 1H?
American Tobacco 4s .X,7
American Tobacco 6s I,S ko'
Atchison general 4s 97 98
1 . V. 1 .. n aaav 1 . ......JO? 109
Atchison adj 4a stamped 90 90
Atchison conv 6s 107 108
Atlantic Coast Line cons 4s.... 94
At Coast Una "L A N coll" 4s. 97 94
n,t.i ol rktA 9U. . 9014 91
Baltimore ft Ohio 4s 97 97
Brooklyn Rapid Transit 4s 91 f
Can Southern! first 5s.- 100 101
Chesapeake A Ohio 4s 100 iuu
C B A Q gen mtg 4s 96 96
C B ft Q joint 4. 9
C B A Q Ills 48... 9 100
C B ft 0 Denver 4a 95 96
Central Pacific first 4s 9;. 6
1 . v-,. til- a- 79 60
Chicago R I ft P ref 4s........ 88 88
rr,-.?n R I 1 F Co trust 4S. . 69 9
Colorado ft Southern first 4s... 94 9j
Denver ft RIo Grande 4s... 84 bo
. - unn fcinv 4m... 98 9H,A
Erie first cons P L 4s 89 89
int Met 4s -'H
Japanese 4s ? ?"2
Jnt.anese first 4s ?1 92
Japanese second 4s...... 90 ....
Louisville ft Nashville unl 4s... 98 99
Mo Kan ft Tex 4s n
.. 1 I n,AA Am ...71 1 J
New York Central 3s 87 7
V V Central L S 3s 81 81
New York City 4s of 1957. ...106 10.
xrT-rnlk Jf. western 4s 93 we
Norfolk & western conv 4s.-... 113 115
N Y Ont A W 4s......... "J
Northern Pacific P L 4s... 99 99
Vnh.rn Pacific 3S 69 09
Oregon Short Une 4s 93 94
nniron Ry ft Nav 4S ?G
Penna Ry 4s of 1948 103 .104
Philippine Railway 4a ....
R.illr,D general 4s 97 97
Republic Si Cuba r.s....... 10314 104
Southern Pacific first ref 4s.... 94 jj.i
OAnth.nl RAilwav 4s 78 78
unnptcr.r4.::::::::::io3 $
Union Pacific conv 4a .....11 10-
-a. Am . . 97 "A o
union rLHiv ' i , ... ;
TTl..rt Rtete. Steel 8 F 5s 102 102
United States 2s registered 100 101
United States 2s coupon... 100 li
United States 3s registered 10. 102
United States 3s coupon... 102 ivt
United States 4s registered 114 114
United Ststes 4s coupon 114 114
United Railways F 4s 6i; Oil
United Railway St L 4s 7o ....
Wabash fJrst 4s J
Western Union 4s. 9 jj
Westlnghouse conv 6s...,: 94 , vo
Western Pacific 5s. 83 84
Wisconsin central 6 91
West Shore 4 100
' Stocks at Boston.
BOSTON, July 12. Closing quotations
Alloues ' 'Mohawk 65
Amalg Copper.. 80 INev.da Con . . . . 20
A Z L A Sin...-a0 Nlpl.-sing Mines. 7
AHxona Com .. 5'North Butte 30
Cal A Arlsona.. 73 Old Dominion.
Cal ft Hecla 510 Oseeola
Centennial 23'Qulncy
t . . rA- Cn 55 U Shannon '
54
113
88
15
46
17
37
43
49
E Butte Cop M. 13 Superior
i,ii, til
Sup & Bos Mln.
Tamarack
jU S S R A M. .
t do preferred..
ITT.am rrtn
Glroux Con 5
rz ronhv Con ... 57
Greene Cananea. 9
I Royalle (Cop) 33
10
jrtah Copper Co. 60
IWinona 5
1 Wolverine 106
Kerr lbkv
Lake Copper.... 34
r - s-a Conner 6
Miami Copper.. . 27
Money. Exchange, Etc.
. ,.,Tr T .. 1 .. 19 Xt ... . nil cull
firm. 2 63 per cent; ruling rate. 8 ,
closing bid. 1: offered at 3; time loans
Arm 60 dav.7 a per cent; 90 days. 8-S:-
six months. 4 4.
prime mercantile vu.v, .
Sterling exchange easy, with actual busi
ness In Cankers' bills at $4.8475 for 60-day
bills and at $4.8735 for demand.
Commercial bills, $4.84.
Bar silver. 60 c. . -.-
Mexican dollars. 48c.
Government bonds steady; railroad bonds
irregular.
27c; money. 2p2 per cent: rate of dU-
. . . kill, 4 .An. ntl T II II I.
count lor snorv Dii, " v ' -..,
months' bills. 3 per cent.
London Sixty day $4.8j; do. sight. $4.87.
uraits oisni, t, i.wii"i,
London Wool Sales.
wool auction sales today amounted to 10,600
bales A good selection of merinos wss
uuick'lv sold lo the continent and Yorkshire
at firm price Tasmanlan greasy realised
Is 5d. Crossbreds. especially lots suitable
for American, ruled apalnst buye-.-s.
206
cities have
adopted bitu
lithic as the
standard . pave
ment the best
by every test of
Jong and hard
wear.
J.GWILSON&CO.
STOCKS. BONDS, GRAIN AND COTTON
MEMBERS
NEW YORK STOCK EXCHANGE
NEW YORK COTTON EXCHANGE
CHICAGO BOAJtD OF TRADE v
THE STOCK AND BOND EXCHANGE
.t SAN FRANCISCO.
P0ETLAND OFFICE:
Main Floor Lumbennens Bank Bldg.
Fifth and Stark.
Phones Marshall 4120, A 4187.
RUST IS SPREADING
Now Reported in Wheat Fields
of South. Dakota.
JUMP IN CHICAGO PRICES
Talk of Damage by Hessian Fly and
Blight Also Has Effect Move-,
ment of New Grain Prov
. Ing? Disappointment.
CHICAGO. July 12. Rust reports today
from two states, as against two counties
heretofore, gave the wheat market a decid
ed upward slant. There was a nervous
close, with prices llHc over last night.
Final trades In corn ranged from unchanged
to Tic up and oata showed a rise of c to
S14c provisions were strung out from 15c
off to she same level as 24 hours ago.
It was on mews that black rust had ap
peared, in the northern part of South Dakota
that the wheat market touched the high
point of the session. There was talk of
damage in the Northwest by Hessian fly and
blight. Bullish sentiment gained consider
able Impetus from the fact that the move
ment of new wheat waa proving a disap
pointment. Primary receipts were less than
one-fourth those of a year ago and there
were heavy rains last night in the South
west, where harvesting was still In progress.
Excess of moisture in the Spring crop coun
try was also a cause of complaint.
Lightness of receipts here had a strength
ening effect on the market for corn.
Oats worked higher, owing chiefly to un
easiness of July shortf, who were uncom
fortable as a result of smallness of stocks
in Chicago.
Signs of a falling off in European de
mand for lard acted as a drag on the pro
vision market. The average drop was 714c
The lesdlng futures ranged as follows:
, WHEAT.
Open. High. Iow. Close.
July $1.04 $1.06 $1.03 10H
Sept. 1.01)14 1.01 H 1.00H 1.014
Dec 1.01 1.0.11, 1.01 1.03
CORN. .
July 73 .74 H .78 .J4H
Sept. .60 H
Dec. SVi .30 .08 S .5314
May .SWA. -o9i .Stt -5H
OATS.
July 42H .44 .42H .44
Sept. .1.1 14 .3.1 .3.1 .35
Dec. .'. SB .3fl .31
May 38 V, .38 .38 .38
MESS PORK.
July 18.074 18.07 18.00 . 18.00
Sept. 18.40 18.43 18.30 18.S5
Oct. ......18.40 18.46 18.37 18-43
LARD.
July 10.2 10.62 10.55 10.57
Sept 10.S0 10.82 10.72 10.i2
Oct 10.83 10.87 10.77 10.80
SHORT RIBS.
Sept. 10.60 10.62 10.50 10.50
Oct 10.60 10.60 . 10.12 10.47
Floui" Steady.
Ttvm V n 2 7!ip
Barley Feed or mixing, 6870c; fair to
choice malting. 9ocl.ui.
Timothy seid $78
Clover seed $1"18.60.
Pork Mess. 1S18.12.
fZrmln , fAtlcS?
Total clearances of wheat and flour were
equal to 195.000 bushels. Exports for the
week, as shown by Bradstreet's. were equal
to B.495,000 bushels. Primary receipts were
$44,000 bushels, compared with 1. 630.0OO
bushels the corresponcing oay a year agu.
v.iimBtMl r-cMinta for tomororow: Wheat,
t cars; corn, 147 cars; oats, 12$ cars; hogs,.
10,000 neaa. -
- Grains In San Francisco.
SAN -FRANCISCO, -July 12. Spot quo
tations: Wslla Wal!a, $1.62 1.63 : red
R--n ai.KOia : Turkey red. $1. 0
1.7.1; biuestem, $1.67 1.70; ff ed bsrley.
$1.42; white oats, $l.S391.frJ; Ijre.i. $28.30
vfxu; miaaungs. eo-voo; suu.u..
33.
r'A 11 KAA-it ' him Wheat No trading.
Barley December, $1.38; MW, 1-4'jK, bid,
$1.44)4 askea.
Minneapolis Grain Market.
MINNEAPOLIS, July 12. Close: Wheat
July, $1.08; September. $1.02; Decem
ber, $1.02. Cash, No. 1 hard. $1.11; No.
1 Northern, $1.11; No. 2 Northern. $1,011
1.09; No. S wheat. $l.O71.07.
Flax $1.01.
Barley 13 95c.
Corn No. 3 yellow, 773c.
Oats No. 3 white, 4748c.
Rye No. 2, 69&70c.
European Grain Markets.
LONDON. July 12. Cargoes steady. Walla
Walla, September-October shipment, 87s d
to 38s. .
En.-rllsh country markets firm; French
country markets, quiet.
LIVERPOOL. July 12. Close: Wheat
July, 7s 6d; October, 7s 2d; December,
7s. ld. -
Puget Sound Grain Markets.
TACOMA. Wash., July 12. Wheat Spot:
Biuestem. 05c; club, -92c. September dellv-
TRAVELER8' GUIDE.
Canadian Pacific
"EMPRESSES OF THE ATLANTIC",
AND OTHtH STliAMdAUr'S.
UONTHLAIa jUUKC AND L1V tKPOOI.
Z VIA THE
SCENIC ROVTE TO ECROPK
1 1000 MILES
ON THE ST.. LAWRENCE RIVER
AND
LESS THAN FOUR DATS AT SKA
2633 MILES. PORT TO PORT
THE SHORTEST OCEAN PA8SAOB
First Cabin $02.50 and up
Second Cabin.... v $53. 75 and op
One-Class Cabin 2d-class) .Bdo.OO and np
Third-Class Lowest rates on request.
Canadian pacific office, corner Tulrd and
Dir.. 1 Multnomah Hotel bldg.. Portland.
snd all meal agents -
San ' Francisco, Loi Angelei
and San Diego Direct
S. S. Roanoke and S. S. Elder
liall .Every Wednesday Alternately at .; )'.
NORTH PACIFIC S. S. CO.
lit A Third St. Phones Main 1314. A till
COQS BAY
STEAMSHIP DBEAKWAIEB
Sails from Alneworth Dock, Portland, at
A. M July 2, 9, 14, l, Ji4, z; August
3 8, 13, 18, 23, 28. Freight received at
Alnaworth Dock daily ud to 6 P. M.
Passenger fare firat-class, $10; second
class $7. including berth and meals.
Ticket office Ains worth Dock. Phones
Main 3S0O. A 2332.
Aii38rsiyr.
KTVHKM .TKAMKR8 FOR
Saa Francisco and Los Angeles
THOMAS M'CUSKER.
WITHOUT CHANGE
a a strait? f iTV sails fi A. M.. July 16.
THE SAN FRAN. PORTLAND 8. 8. CO.
m . a , 1 I Q Third HIH-.I
Pnonet Main 2605. A 1402.
LOS ANGELES AND SAN DIEGO
STKAMSHIPS YALtl AND HAKVAKD
Railroad or any steamer to San Fran
cisco, the Expo City. tArge-it. fastest,
and the ONLY strictly lirsi-class pas
senger ship on the Coast. Average speed
2$ miies per hour; cost f2.000.0u0 each.
SAA PttAACIaCO, PORTLASD dt L. A,
S. 8. CO.
Main 628. Frank Bollam, Agent A 4Sa.
128 Third Street.
AUSTRALIA AND NEW ZEALAND
Union Line of If. Z.)
VIA TAHITI AND WELLINGTON.
Direct through steamers, sailing from Ban
Francisco July 24. Aug. 21 and every 28
davs to Tahiti, Rarotonga, Wellington and
Svdnev. The line to Isles of the South Seas.
For reservations see Coupon Railroad Agents
or address Hind. Rolpfe A Co.. San Francisco.
Drain to Coos Bay
Ante Every Day. Wire Heeermtlons to
O. MATTOON, Drain, Or.
THE UNITED STATES
NATIONAL BANK
PORTLAND, OREGON
UNITED STATES DEPOSITORY
Capital ..... $1,000,000
Surplus and Profits $ 1 ,000,000
OFFICERS
J. C AINSWORTH. President. R. V. SCHMEKO. Cashier.
R. LEA BARNES. Vice-President. .
A. M. WRIGHT. Assistant Cashier. W. A. HOLT. Assistant Cashier.
LETTERS OF CREDIT AND, TRAVELERS
CHECKS ISSUED NEGOTIABLE EVERYWHERE
DRAFTS DRAWN on ALL FOREIGN COUNTRIES
lumbermens
National Bank
.Chartered July 6, 1908. Deposits $1,258,444.01
Comptroller's call June 14, 1912. De
posits 5,171,509.92
Gain in deposits, average per annum, $983,266.
Capital - -
First National Bank
Capital $1,500,000
Surplus 900,000
Oldest National Bank West of the
Rocky Mountains
L-ADD & TILTON BANK
Established 1869.
Capital Stock..
Burplua and Undivided Profit.
Commercial and Savings Accounts
Letter oTeredit, drafts and travelers' checks issued, avail
able in all parts of the norld.
W. H, Ladd. FVeefdeat.
Edward Cooking-bam. Vlce-Prea.
W. H. DsaeUer. Cask! sr.
ery: Biuestem, 86c; club, 82c Car re
ceipts yesterday Wheat. 7. a
SEATTLE Wash., Juiy 12. Wheat Blue,
stem, 92c; fortyfold, 87c: club, S7c; red Hus
slan. 87c; life. 87c. Yesterday's car receipts
Wheat, 10; hay, 10; oorn, S; flour, 9;
oats, 1.
Coffee and Burar.
NEW YORK, July 12. Coffee futures
closed Inactive but heavy in absence of more
than a moderate demand. Sales, 14.2.W bags.
Julv. 13.1c; August. 13.15c; September,
iFvF"'-' '" '-ll?! The most exacting tests and the most sci- B
I fi :rr4';y8a entific investigation will substantiate the
iKtferSivAJ merits claimed for S
BARBER ASPHALT PAVEMENT !
THE LARGEST STEAMER IN THE WORLD
New
45,324
OLYMPIC
Ton
AMERICAN LINEIWHITE STAR-DOMINION
New York Pl.rmoat h Cberboar
Evoutnampioa.
Atlantic Transport Line
New TTork Ixindon Direct.
RED STAR LINE
New York Dover AntwerpParis
WHITE STAR LINE
New York Queenstown Liverpool
New York Plynioulh Cherbourg
Kout hampton.
Boston Queenstown Liverpool
Boston Mediterranean Italy
Company's Office Boom
"B" Bailey Bulldlnr
Loral Railway and
The Canadian Bank of Commerce
INCORPOBATED 1ST.
bead Office Toronto, Canada. New York 1 Bieltsgs Plaee.
Loadon 3 Lombard Street. '
Over two hunare other branches In the United States nd Canada.
Ererr care taken of collections. Drafts on all foreign countries and
principal cities In United States and Canada bought and sold, and
eeneral banking; business transacted.
Interest allowed on Time and Special Deposits.
PORTLAND BRANCH, SECOND AND STARK STREETS
r. C MALPAS. Hanaarer. '
$1,000,000
m nnn Ann nn
iljWUjUUV.UW
800,000.00
Robert 0. Howard, Aas. Caskls
J. W. Ladd. Asst. Cashier.
Wblter M. Cetek, Amt. CsutUciw
13.25c: October, 13.81c: November. 13.38c;
December, 13.44c; January. 13.47c; February.
13.42c; March, 13.52c; April. 18.53c; May and
June, 13.u4c.
Spot RIo 7s, 1414c: Santos 4s, lKc Mild
quiet; Cordovafl 10.18Ke: nominal.
Raw susar, firm; Muscovado, 89 test,
S.SHc; centrifueal, 86 test, 3.8c; molasses
sugar, test, 8.11c Refined steady.
Dnluth Flax Market.
DTJLTJTH, July 12. Close Linseed on
track and to arrive, $1.04; July 1.8 bid;
September. $1.83 bid; October $1.80 bid.
Sails fron
JULY 27
NEW
YORK
Aug. 17 -Sept-7
Scot. 28 Oct. 1 9 "
"MEGANTIC & "UURENTIC"
Lax if est and Finest Steamers
on Dt. .Lawrence ttouie
Only Four Days at Sea
TO EUROPE IX COMPORT AT MOD
ERATE RATES.
Twin Screw S. S. "Canada" and "Teutonic.
ONE CLASS (II) CABIN SERVICE ,
THIRD CLASS CLOSED ROOMS
Baggage checked through to Stt'im
in Bond. Embark night before sailing.
No hotel or transfer expense.
Second and Cherry hts.. Seattle, or
Steamship Agents.