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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 17, 1912)
Umatia Farmers Asking 70 to
NO 3UYERS AT THE PRICE
. Owiern A.k Ing More Money for
5hips and Steamers Grain Mar
kets Tending Downward All
Over the World.
A disposition ts shown by Umatilla County
farmers to contract new wheat at prices
around 70 to 73 cents, but these figures are
not to be had In the present weakened con
dition of wheat markets everywhere. Ac
cording to local buyers, the market will
open, from indications, nesrer 65 cents.
Ships are now asking; 42s 64 and steamers
Ts d. Forty-five shillings has been re
fused. No breuk in freight rates la in
'Sht. A few dealers who have made sales
for early delivery have taken wheat fu
tures around 60 and 81 cents track here,
but the total volume of contract wheat
bought to date has been smalL
Contracting In other cereal Unea has also
ben restricted. In the spot markets trad
ing has practically ceased. Some business
fa passing In the export flour trade, and
U if-.e movement- In patents is normal for this
ti me of year. Th e feed market la firm,
peclally for shorts.
Local receipts. In cars, were reported by
the Merchants' Exchange as follows:
Wheat Barley Flour Oats Hay
Monday 13 1 13 4 7
T ue. day 6 .. 7 2
Yer ago 4 2 13 7
v-aaon to date.. 135 3 83 23 4!
Vear ago 120 n lm 2u 5
The Government s estimates of the 1912
wheat and barley crops and the yields of
t hese cereals in past years, together with
the acreage by years, are- shown In the
Wheat acreage and yield
1012. . .
l'M'S. . .
1 SXt7. ..
r.'G. . .
i:i . .
. .47. J S3..
Barley acreage and yield
1 !... .
ius. .. .
lttor. , . .
Foreign crop conditions are summarized
by the Liverpool Corn Trade News as follows-.
L'nlted Kingdom Earliest crops are
ripening with favorable weather.
France There are many complaints being
heard that the unfavorable weather has
eaused serious damage, and at best the
rop of wheat will not exceed last year.
Oats are In splendid condition and improv
ing. iiermany The outlook is unfavorable, as
the prolonged rains and coolness have de
layed ripening. Native supplies are small
nd the demand for foreign wheat is im
rovlng. Hungary Harvesting results are variable,
with indications of smaller yields than
Rou mania Cutting is in full swing and
the quality of wheat is showing poor, weigh
ing 56 pounds to the busheL Corn is Ira
jmvln g. with light scat tered showers.
Isftissfa In the Volga region, which is
the largest producer, the crop Is moder-
telv fair, with some parts entirely de
stroyed. The whole outlook Is appre
nenslve. Italy In the south the yield is poor and
Isewhere fair. The Weather Is unfavorable,
nd this country is buying freely.
Spain Harvest returns are variable and a
-pop about the average is possible. The
weather Is wet for harvesting.
Argentina The weather is favorable for
the new crop.
Australia Further rains have fallen and
the general outlook Is favorable.
India Rains have not been general and
more is wanted.
HOP-YARD REPORTS ENCOURAGING
Heather Continues) Ideml la Willamette Val
ley w York Conditions.
All reports received from the hop-growing
sections of the state yesterday were en
couraging and the growers hope the pres
ent hot weather will continue for several
Conditions in New York State are re
ported by the Waterville Times as follows:
"While the crop on the whole shows al
most an average growth and condition for
:he time of year, yet the opinion is quite
general that the vine Is not as heavy as
usual The crop undoubtedly needs more
rain to produce a heavy growth. Good
rains were plentiful last night throughout
this section, but the weather today has
turned hot with considerable humidity. The
long spell of hot, dry weather we have bad
until today has, without doubt, had the
erfect of reducing the danger from vermin,
quite prevalent two weeks ago. Due to the
persistent spraying the growers did early
In the season for mildew, that disease has
been checked most effectively. The crop
cannot be a large one. but our growers are
determined. If possible, to produce a choice
quality this year."
Bern hard BIng writes from Nuremberg
u ruler date of June 23 a follows:
rop prospects continue very bright, both
In Bohemia and Bavaria. Hop vines are
looking fine, having made very good prog
ress in the last week. Reports from the
other hop-producing sections of the con
tinent are also very satisfactory. Stocks
Heavy Demand for Melons.
Business In the fruit trade continues on a
'.urge scale. Watermelons are the best
seller and clean up about as fast as re
ceived. Five cars came In yesterday. A
tar ot cantaloupes was also received and
they were held firmly. Two cars of mixed
fruits were put on sale. The demand for
pescbea was active and as a consequence
they were firmer. Prices on other kinds of
fruit wre unchanged.
Egg Are Moving; 9Uwly.
There Is not much demand for eggs these
days, owing to the bot weather and the
abundance of fruit, but prices hold fairly
steady, as receipts of goodEga are light,
Podltry arrivals were large and buyers
were not disposed to take hold. Hens were
freely offered at IS cents. Dressed meats
No changes were announced in the butter
r cheese markets.
rugar Ten Cent Higher.
The expected advance of 10 cents a hun
dred in sugar was announced by local Job
bers yesterday. Markets all over the coun
try are firm in response to the advances In
Europe, where speculation in sugar la again
if 1111 hops are so restricted that hold
ers are disposed to task full prices.
Bank clearings of the Northwestern cities
csiraay were as xouows:
Portland 91.610.316 S'i.T0.n.
(-eartle i3'3.47 2H..'2H
Tirnmi '.H."..02S . 4T.7'.7
fepokane 87.V678 71.7SS
Vegetables and Fruits.
FRESH FRUIT Ch -Tries. Slfc per
pound: apples, old. 11.50 3 per box: new.
l.SOfll.75 per box: peaches. SO- 75c per
b.-x; currants. $1.61.75 per box; plums.
c$1.23 per box; pears, l.752 per box;
sprlcots. $1.2 per box; grapes. $2.00 per
trate; gorpeberr''e. 3 t.
BERRIES Raspberries, $1.50 per crate:
'loganberries. $1.'. ( 1 00 per crate; black
T tOPIC Ab FRUITS Oranges. Valencia.
3.2&v$ California grapefruit. $4. 50;
lemons, $4.9006 per box; ptneapplea. Se per
it ELONS Cantaloupes, $2.75 per crate ;
watermelons. 11c per pound.
VEGETABLE Artichokes. A5T5c per
dosen; asparagus. $1 per dosen; beans, 8i?
c; cabbage, lftlc per pound; eeuili
flower. $1.25 per dosen; celery. $5tf6 per
crate- corn. SOc per doxan; cucumbers. $1
per box; eggplant, 25c per pound; bead
lettuce 1 2 H c per dosen ; peas, 8 3 9c Pr
pouMi; peppers, I2il5e per pound: rad
ishes, 15 -Oc per doxen; rhubarb, 2c pr
pund: spinach. 4 65c par pound; tomatoes,
$10 K25 per box; garlic. S01Oc pr pound.
POTATOES Jobbing prices: Burbanks.
old. $101.25 per hundred; new. per pound.
ONIONS California red. $1.2 per sack;
yellow. $1.M per sack.
SACK VEGETBLES Carrots. $1.75 per
sack; turnips. $1.25 per sack.
Grain Floor, Feed. Etc
WHEAT Track prices: Flu est em. Sfl 1
89c: elub. S485c; red Russian. 64ft SOc;
Valley. 64985c; 40-fold. 84 ft 85c
ri.nT'R Patents? J5.10 ner barrel;
straights, $4.70; exports. $4.20; Valley, $5.10.
HaT Ttmotny, 14Q lo."'; airaua, ai.-u.
clover. $10; oats and vetch, $12; grain hay.
M TL LF TUFFS Bran. $25.50 per ton;
Shorts. $28.50; middlings. $32.
CORN whole, $39; cracaea. u per -on-OATS
No. 1 white. $34frS5 per ton.
nlrv mii) rAantrr Produce.
EGGS Case count. 24c; candled. 26c; ex
tras. 2Sc per dosen.
BUTTER Oregon creamery butter, cubes,
or solid pack. 28c per pound: prints, 2c pr
CH EEJC Trloleta and daisies. 17c per
FORK Fancy. lOffloc per pouna.
VEAL Fancy. 1313Hc par pound. .
POULTRY Hens. V2c: oroners. j.
17Wc; ducks, young. 10011c; geese. 10
n-. - i. - ii -to.. 'A frc
SALMON Columbia River, one-pound
talis. 12 2S nr dosen: eierht-pound tails.
$2.5; one-pound flats. $2.40; Alaska pink,
one-pound talis, $1.35. a
COFFEE Koastea. in arums. vw
per pound. .
NUTS Walnuts, 1691c per pound;
Braxil nuts. 12S.c; filberts, 1415c; al
monds. 17021c; peanuts, 18c; cocoanuts, wvc
t$l per doxen; chestnuts, 124c Pr pound;
hickory nuts, 6 10c per pound.
HONEY Choice, $3-75 per case; strained
honey, 10c per pound.
SALT Granu!ared. $15 per ton; half-
ground. 100s. $8.50 per ton; 50s. $0 per ton.
BEANS Small white, 6.40c; large white,
5.20c: Lima. 6.u0c; pink. 3c; Mexlccjis.
4ie; bayou, 4c
RICE No, 1 Japan. 6c; cheaper grades.
5$5c; Southern head, 3tj7tc.
SUGAR Dry granulated, ,ko; irun nu
berry, $5.95; Honolulu plantation, $5.90;
beet, $V70; extra C, $71.43: powdered, bar
rels. $t).20; cubes, barrels, $3.35.
DRIED FRUITS Apples, 14c per pound;
anricots. 16l8V4c: Deachea, 1214c;
prunes. Italians. 10 10 c ; silver, 18c;
figs, while and black. 8 07c; currants,
7uc; raisins, loose Muscatel. 6'4Wc;
bleached Thompson. llc: unbleached Sul
tanas. 8Uc; seeded, 7ftoc: oaies. i-er-slan,
8He per pound; Fard. $L00 per bx.
Hops, Wool and Hides.
HOPS 1912 contracts, 2021c; 1911 crop.
MOHAIR Choice, 32c per pouna.
XV Onr. Flmtxrn Oreeon. 140 19 L C Pr
pound according to shrinkage; Valley. 21 it
23c per pound.
PELTS Dry. 13c; full wool butcher pelts.
$1253; 1-75: shearings. 10&30C
HIDES Salted hides, llc per pound;
salted calf. 20c; salted kip. ll12c; green
hides, 11c; dry calf. No. 1. 25c; No. 2, 20c;
dry hides. 19020c; salted stags, 7t?8c;
green stags, o&Tc.
OASCARA Per pound. 55c; carlots.
GRAIN BAGS in car lots, iua
FEEDER STEERS SOLD
TEXAS STOCK BRIXGS $33 TO $35
Will Be Shipped to Eastern Oregon.
Hogs Advance a Xickel at the
The feeder ateer, brouxht from Texas at
tfae close of lut week were sold yesterday
and will be shipped at once to Eastern Ore
gon. Forty-elpht head were bought ny ft-
M. Stent eld. of gtanftem, or., at JJ a neao.
and 4rt head were bought by W. H. Daugh
tery at tii a head. The steers were well-
bred Hereford yearlings.
There was only a moderate supply of stock
offered at the yarda yesterday. The fea
ture of the day was the nickel advance In
hogs, a load of top Quality bringing $8.40.
steers sold from $5.25 to 16.60 and cows at
Several bunches of lambs were worked off
at prices ranging from $4.25 to $5.50. Re
ceipts yesterday were 334 cattle, 187 hogs
and 1180 sheep.
Among the shippers were: E. S. Brown.
Condon. 1 car of cattle: E. F. Angell, Con
don. 1 car of cattle; Arthur Madden. Con
don. 2 cars of sheep; Pomeroy Meat Live
stock Association, Pomeroy, Wash., 1 car of
hogs; August Ford. Yamhill, 2 cars of sheep;
H. S. Boyes, Kubbard. 1 car of sheep, and
F. H. Adams, Ieer Island. 1 car of cattle,
lb. days salesgere as follows:
Av. Wt. Price.
13 steers W6 .
25 steer "SI 8.S0
M cows - 112" a.o
2 calves 3U fi-t'
2 calves 215 8.0U
5 cow " 80
2 cows 105 05
2 steers 55 4 511
6 steers 1,r' 8.2
21 steers 118 ...
27 steers "2 6.55
28 steers "
28 feeder steers 1WI -s1
17 sheep 130 3.00
70 lambs ? '
15 lambs J-',?
132 lambs b -'J
IS lambs : -zi
29S lamb. -
78 hoes ?02 8.40
hogs 1,50 'o0
The range of prices at the yards was as
Choice steers 5"ZSS
Good steers s.00 .5tl
Medium steers -7- S.uo
Choice cows Mx f"--
oood cows r 5"?
Medium cows ll'SS' i ii
Choice cows 7.00 $.25
Good heavy calves . S.00&; 6.50
H-a " . 6 25 9 7 00
Sheep - ... .
T-arilngs J-VV' J-
vve9 - ..." If
, Omaha livestock Market.
SOUTH OMAHA. Neb., July 16. Cattle
Receipts 2600; market steady to shade lower.
Native steers. 58090; cows and heifers.
t:i40'7.35: Western steers, $5.2547.oO;
Texas steers. J4.SOfj6.25; range cowj t and
heifers. $3.256.00: canncrs, $2.o04.00;
stookers and feeders. 3.T5J-7r.; calves.
$60oa8.0o; bull., stags, etc., $3.i56-".
Hogs Receipts 15..500; market steady to
5c lower. Heavy. $184.108.40.206; mixed ( (..Ooft
7 20- light. $6.B07.."5; pigs. $6.00 Si ..00;
bulk of sales, I7.05W7.25.
Sheep Receipts SOOO; market slow weak.
Yearlings. IS.OOig. t.N: wethers $4.2j4.. 5;
ewes, $5.758 4.15: lambs. $8.757.25-
New York Cotton Market.
NEW YORK. July 16. Cotton futures
2lo.ed steady, to 9 points higher. July.
12c- August. 12c: September. 12.11c; Octo
ber' 12 22c: November. 12.25c: December.
12 29c; January. 12.29c: February, 12.33c;
March. 12.39c; May. 12.49c.
Spot closed quiet. Mid-uplands, 12.45c; do
gulf. 13.70c Ko sales.
Cnlcmcw Produce Market.
CHICAGO. July 16. Butter 6teay.
CrenmerUs. 23fi25c: dairies, 21ti.4c.
Ebbs Steady. Receipts. 14.361 cases; at
markT cases Included. 15H616Vc; ordinary
firsts. 16c: firsts. 17V.C. . ,.,..
Cheese Steady. Daisies, 15V4e'5c:
twins, 154il5Wc: young Americas,
lCc; long horns. I4gl5.c.
I:ll!oi Wool Sales.
LONDON. Juiy 16. Offerings at the wool
suction sa'es today amounted to 94 SO bales.
The ama'.iness of the offerings was due to
Inbor trouble at the docks. All sections com
peted stronkiy and the market was firm at
the highest prices of the series.
Hop at New York.
NEW YORK. July 16. Hops easy. State
cemmon to chol.-e. 1811. 27ff34c: Pacific
Coast. 1911. 31 1 34c
Advance In Crude Oil.
INDEPENDENCE. Kan.. July 16. The
price of crude oil was advanced 2 cents to
70 rents a barrel by the Prairie Gas Oil
Doluth Flax Market.
PVMTTH. July 16. Close Unseed on
tra. k. to arrive and July. $1 98i September.
$1 S7 asked: October. $1.S2 asked.
ALL STOCKS HIGHER
Market Helped by Favorable
GREATER EASE OF MONEY
Great Northern Preferred the
Strongest or the Railway List.
Total Volume of Sales Small.
Bonds Are Featureless.
NEW TOBK, July 1. Further Improve
ment was noted In the sluggish movement
of stocks today. The compelling factor,
were additional favorable crop report, and
greater ease of money on call and time.
Practica'ly all the standard shares took
part In today's advance, which halted In the
late afternoon on report, from Washington
that tho Stanley Investigating committee Is
I'kely to report the dissolution of the
Untied States Steel Corporation.
Greut Northern preferred was the strong
est of the railway stocks, reflecting the ag
ricultural news from the Northwest.
Trading stacaered in the flnal hour, with
a total output cl minor proportions.
Bonds were featureless. Total sales, par
viue, $2.4(4,0(H'. United States Government
bonds were unchanged on call.
CLOSING STOCK QUOTATIONS.
Sales. High. Low. Bid.
Allis Chal pf 2
Amal Copper .. 18.7O0 82 H 81 H 82
Am Agrlcult ... 6i0 ill 61 0V4
Am Beet Sugar. Soo 73 k
American Can .. 8.30 37 :W14 3H
Am Car Fdy.. 600 57 57 564
Am Cotton Oil "
Am Hd a Lt p( 21V
Am Ice Securl.. 300 25 25 2j
Am Linseed .... 100 lSVi 13H 134
Am Locomotive loo 41 Vi 41 Vk 4H4
Am Smel A Ref 800 S2i, 82 82
do preferred. IJ'w
Am Steel Fdy. . .v ,35
Am Sugar Ref.. 600 128"4 127H 1-NV,
Am Til A Tel.. 1.100 14S 144i "o
Am Tobacco pf 1
Am Woolen .... 10O 27t 27H 27
Anaconda M Co. l.w 40i 404 .40H
Atchison 1.S0O 108T, 107 10.J;
do preferred lr
Atl Coast Line.. 5M . 140 1 40 139J4
Bait iOhio .. 600 109 1"9 108
Bethlehem Steel 1,000 354 35 35
Brook R Tran.. 2.000 02 "2
Canadian Pac . . 3.00D 2t 2854 205 74
Central Leather 1,300 26 26 2v
do preferred .
Central of N J ..
ChesftOhlo... 2,200 60 79 SO
Chicago Alton -
Chi Gt Western 1?
do oref erred. . " 3.H
Chicago & N W 500 1.15 135 1H5
u, .vi & &t faui.. jui, ivua j'-i
C. C. C.4 St L 59
Col FuA Iron 600 30 29 29
Col & Southern
Consol Gas 2.200 145 144 144,
Corn Products.. 100 14 14 14J4
Del 4 Hudson '"S 7
D R Grande.. ...
do preferred.. 100 3.H4 35 H 35
Distillers' Secur 100 31 31 31 Vj
Erie ' 2.100 34 S 34 34
do 1st pf 500 52"4 51 52
do 2d Df .... 100 42 42 42
Gen Electric ... 1.100 178 177 178
Gt North pf ... 7.KOO lKiifc J3. iJ-'1
Gt North Ore .. 5O0 43 43 42 V4
IUInols Central . 20O 120 129 . 129
Interbor Met ... 700 20 2in
do preferred . 300 58 V 5S 58 V
Inter Harvest'T. 800 118 118 "8
Inter Marine pf. .
lnt Paper JJ
Int Pump .- JO
K C Southern .. 100 25 25 24
do preferred.. 100 58H 58H 5
Laclede Gas '"'H
Louis Nash.. 900 160 159T, 1581s
Minn at St L 1g
M. S P S S M 700 1474 147 147
M, Kan Tex.. 300 2 26 26
do preferred., r - 59
Mo Pacific 1.508 5'4 36 3"
Nat Biscuit .... l.Wio 14714 147 147
Mo. Kan Tex. SOO 267, 26. 2
do preferred 59
Mo Pacific 1.500 36 36 38
Nat Biscuit ... 1.900 147S4 144H 146
National Lead .. 100 67 57t 58
N Ry-Mex 2 pf 31
N Y Central ... 200 "4 114 114
N Y. Ont & Wes 82
Norfolk West 4.400 "7 116 "
North American 100 82 82 82
Northern Pac . . 4.20O 120 120 120
Pacific Mall ... 10 2 52 31
Pennsylvania ... 5.90O 123 123 123
People's Gas ... 500 116 116 115
P C C & St L 106
Pittsburg Coal .. 200 21 21 21
Pressed S Car
Pull Pal Car 181
Ry Steel Spring 200 35 34 84
Reading 32.500 163 102 102 Ti
Republic Steel .. 400 S5 84 84
do preferred.. 400 83 SJ 84
Rock Island Co. 2.100 24 23 23
do preferred.. 2.000 48 47 '4 4.t
St L A 8 F 2 Pf 5O0 S7 36. 38
St L Southwest JO
do preferred. A 7.
Sloss Sheffield 54
Southern Pac. 400 109 9 109 lOOH
Southern Ry . . . 4.700 29 28 28
do preferred.. 1.300 77 76 77
Tenn Copper .. 2.100 42 42 42
Texas Sc. Pacific 27
Tol. St L & Wes 200 14 13 13
do preferred.. 200 29 29 29
Union Pa.-lfic .. 17,400 166 195 163
do preferred 90
U S Realty .... 2.000 86 84 85
V S Rubber ... 200 50 50 .10
U S Steel 49.100 9 9 69
do preferred.. 1.800 "2 111 111
Utah Copper .. 1.100 61 61 61
Va Caro Chem ' 48
Wabash 50 4 ' 4 4
do preferred.. 800 14 14 14 .
Western 5Id ... 400 58 58 58
Westing Flee .. 1,700 77 76 78
Western Union.. 600 83 85 82
Wheel & 1, E 5
Lehigh Valley.. 4.100 167 1 66 1 66
Chino Copper .. 1.700 31 30 30
Ray Consols .... 800 20 20 20
Am Tobacco ... 200 2H5 295 29.1
Seaboard Airline 200 22 22 224
do preferred 32
Total sales for the day. 237.000 shares.
Furnished by Overbeck & Cooke Co., of
Amer Tel & Tel conv 4a "4 115
American Tobacco 4s 95 ....
American Tobacco 6s 120 ....
AtchUon general 4s 17 93
Atchison conv 4s .107 108
Atchison adj 4s stamped 90 91
Atchison conv 5s 107 K'8
Atlantic Coast Line cons 4s.... l4 94
At Coast Line "L & N coll" 4s. 94 94
Baltimore & Ohio 3s 9t 91
Baltimore & Ohio 4s 97 89
Brooklyn Rapid Transit s4 92 93
Can southern first 5s 101 101
Chesapeake & Ohio 4s 100
C B & Q gen mtg 4s 59 96
C B Q Joint 4s 98 96
C B Q Ills 4S 9a 99
C B Q Denver 4s 95 96
Central Pacific first 4s 3 98
Chicago A East Ills 4s 78 80
Chicago R I A P ref 4s 88 89
Chicago R I & P Col trust 4s.. t!8 69
Colorado & Southern first 4s... 95 98
Denver A Rio Grande 4s 85 85
Delaware & Hudson conv 4s.... 08 9S
Erie first cons P L 5s 89 89
Int Met 4s 82 Si
Japanese 4s 85 86
Japanese first 4s 81 92
Japanese second 4s 90 ....
Louisville A Nashville unl 4a... 9S 99
Mo Kan A Tex 4s 87 88
Missouri Pacific 4s 1
New York Central 3s 87 87
New York City 4s 92 93
New York City 4s of 1957 106 .107
Norfolk A Western 4s 98 98
Norfolk A Western conv 4s 116 117
Northern Pacific P L 4S 99 99
Oregon Short Line 4s 93 94
Oregon Ry A Nav 4s "5
Philippine Railway 4s 86
Reading general 4s 9i ;'7
Republic Of Cuba 5s....... lo3 14
Southrn pacific first ref 4s... 84 94
Southern Pacific col 4a.. 90 90
Southern Railway 4s 78 78
St L A S F ref 4s T7 18
Union Pacific first 4s...' 100 100
Union Pacific conv 4s 101 101
Union Pacific ref 4s 9. 9.
United States Steel S F 5s 102 102V,
United States 2s registered 100 101
United State, 2s coupon l!iif
United States 'a registered 102 1"J5
United States 3s coupon 102 102
United Ststes 4s registered 114 "-J?
United States 4s coupon "J., "i
United Railway S F 4s 63 64
United Railway st Louis 4s 74 i
Wabash first 4s 6S . 69
Westlnghouse conv 3s 94
Western Pacific 5s 83 84
Wisconsin Central 4s 91 93
West Shore 4S 99 101
Storks at Boston. -
BOSTON. July 16. Closing quotations:
Alloueg 44 IMohawk 66
Amalg Copper.. 81 (Nevada Con 20
A Z L A Sra... 30 Nlpisslng Mines. 7 ;
Arixona Com .. 3Nonh Butte 30
BACCASM. 7 (North Lake 5
Cal A Arizona.. 74 Old Dominion... 56
Cal A Hecla.... 515 Osceola "5
Centennial 23 3uincy J8
Cop Ran Con Co. 36 Shannon 16
K Butte Cop M. 13 Superior ....... -
Franklnl 1013up A Bos Mln.. 1
mm,., e'en 474iTamarack .38
Granby Con . . . 52;C 8 S R & at..-. . '04 4,
Greene Cananea. 9. do preferred.. . 49
I Royalle tcopj 34-Liah ton
Kerr Lake. 2:rtah Copper CO. et
Lako Copper.... 34 Winona
La Salle copper saiwoivwin. i
Miami Copper... 2S '
Money, Kirbaare, Ete.
NEW YORK. July 16. Money on call
steady. 26 3 per centT ruling rate. 2: clos
ing bid, 2; offered at 2 per cent.
Time loans steady. 60 days. 3iJ3 per
cent: 90 days, 3 3; six month, 4tf
prime mercantile paper, jw 1
Sterling exchange firm, with actual busi
ness In bankers' bills at $4.85 for 60 days
and at $4.8755 for demand.
Commercial bills. $4.84.
Bar silver. C0c
Mex'caf dollars. 48c.
Govtanment bonds steady; railroad bonds
LONDON. July 16. Bar sliver, steady.
27 d per ounce. Money, 202 per cenl.
The rata of discount in the open market for
short bills Is S per cent; for threa monthii
bills. S per cent. v
ftAi PBrisro. .Tulv 16. Sterltnr on
London, 00 days. $4.84: do sight. 14.87.
Silver bars. ooc Mexican aouara nom
inal. Drafts, light. .03; do telegraph. .08.
Conditio of the Treasury.
WASHINGTON", July 16. At the begin
ning of business today the condition of the
United State, Treasury was:
Working baiance in Treasury of
In banks and Philippine treasury 36.036,898
Total of the general fund 15u.985.5f 4
Receipts yesterday 1.062.629
Disbursements yesterday 2.457,813
Deficit to date this nscal year. $832,5UU.
as against a detlclt of $14,175,110 at thU
tlmt last year.
These figures exclude Panama Canal and
public debt' transactions.
GOOD DEMAND FOB WOOLS AT BOSTON
Tallies Are Snowing m Higher 'Tendency.
Ohio Brine 34 Cent.
BOSTON. July 16. Domestic wool, con
tinue In active demand, with 'values shew
ing a higher tendency. Good sales are re
ported along well distributed line, and the
first lot of Ohio delaine changed hands
recently at 84c Considerable Texas eight
and 12 months wool has been sold to arrive
at 20c for the former and 21c for the lat
ter. Scoured basis:
Texas fine, six to eight months, S3f55c;
flue, 1? months, 60962c; fine Fall, 45&40C.
California Northern, 51?52c; middle
crunty, 4850c; southern, 474Sc; Fall
free, 43 45c.
Orea-on eastern. No. 1 staple. 62063c;
eastern clothing. 55657c; valley. No. 1. 50
Territory, fine - staple. 63 65c: fine me
dium. 60 62c; fine clothing, 5760c; fine
medium clothing, 5557c; half-blood comb
ing, C06lc; three-elghths-bioou, 57a58c;
Pulled, fine A, 55(?57c; A supers, 5253ix
SAX FRANCISCO PRODUCE MABaEI
Prices Quoted at the Bay City tor Vege
table. Froits. Etc.
SAN FRANCISCO. July 16. The following
producs prices were current here today:
fruil Apples, ciioico, ,i.ov; comiaun, ,i,
Mexican Mmes. 1637: California lemon,.
choice. $4.50; common, $1.25; pineapples, $2
Cheese 15 9 17a
Butter Fancy creamery. 28e.
Eggs Store. 23c; fancy ranch, 25c
Vegetables , Cucumber., 35 j 50c; garlic.
23c; green peas, $1&2; string beana, 1
4c: tomatoes. $2.2502.50; eggplant, 395c;
onions, 60 75c.
Potatoes River Burbanks. 85oO$1.10.
Oregon Burbanks, nominal; Early Rose, 73
Hay Wheat, $18021; wheat and oats.
fl2o'0: alfalfa, $13 13.50.
Receipts Flour, 1484 quarter sacks; bar
ley, 5640 centals; oats, 8550 centals; pota
toes," 9740 sacks; bran, 50 sacks; middlings,
40 sacks; hay. 976 tons; wool, 191 bales.
Coffee and Sugar.
NEW YORK. July 16. Coffee futures
closed steady at a net loss of from 5 to 11
points. Sales, 49.000 Dags. July, 13.04c;
August, 13.11c; September, 13.18c; October.
13.25c; November, 13.32c; December, 13.38c;
January. 13.39c; February. 13.88c: March,
13.45c; April, 13.47c: May and June. 13.48c.
Spot barely steady. Rio. 7s, 14c; Santos,
4s. 16 c Mild, quiet. Cordova. 1618c.
Raw sugar, firm. Muscovado, 89 test,
3.48c: centrifugal. 86 test. 3.98c: molasses.
89 test. 3.23c sales, 100,000 bags. Refined
NEW YORK, July 16. Copper quiet.
Standard and July 16-75 & 17.25c: August,
Sentemher and October. 16.S7 17.3 1 c :
electrolytic 17.00's 17.23c; lake, 17.25
17.00c; casting, itilto lone
Tin weak. 8pot. 43.90 &44.20C; July. 43.50
44.00c; August. 43. 2.1 ft 43.75c.
Lead quiet, 4.60(g4.75c.
Spelter firm, 7.20 7.40c.
' Antimony firm. Cooksons, 8.25c.
Iron steady, unchanged.
Copper arrivals at Sew York today, 50
tons-; exports this month, 14.810 tons. Lon
don copper easy. Spot, 75 3s 9d: futures.
75 16s 9d- London tin. quiet. Spot, 200
10s 6d; futures, 196 10s. London lead, 18
10a London speiter, 26 5s. Local sales,
50,000 pounds. East St. Louis. Iron, Cleve
land warrants, 56s 10d in London.
Dried Fruit at New York.
NEW YORK, July 16. Evaporated apples
steadv. Spot fancy. I)c to 10c; choice.
89c: prime. 7&7c.
Prunes steady. Quotations range from
3c to Uc for Californias up to 3O-40s and
0c to 9c for Oregons.
Peaches nominal. Choice. 66c: extra
choice, 77c; fancy. 79c.
Minneapolis Grain Market.
MINNEAPOLIS. July 16. Close: Wheat,
July, $1.05; September, U7c; December,
9lCafn!7Nc 1 hard. $1.08: No. 1 Northern.
11.08: No. 2 Northern. $106; No. 3 wheat,
Corn No. 3 yellow, 72i73c.
Oats No. 3 white. 4546c.
R"e No. 2. 69 70c.
Puget Sound Grain Markets.
TACOMA. July 16. Wheat, spot blue
stem. 96c; cluo. 92c. September delivery,
bluestem. 85c; club. 81c. Receipts: Wheat,
26 cars; corn. 2; oats, 1; hay, 31.
SEATTLE. July 16. Wheat, bluestem. 92c;
fortyfold. 87c; club. S7c; fife, 87c; red Rus
sian. 87c. '
Let your best
the property in
which you are
Make it "bitu
jfert, ifSacon & iavia
Railway, lighting, Power,
Water, Gas, Irrigation
. s ' Reports
"5 BROADWAY. NEW YORK.
NEW ORLEANS. SAN FRANCISCO.
STOCKS. BONDS. GRAIN AND COTTON
1VEW YORK STOCK EXCHANGE
iiEW YORK COTTON EXCHANGE
CHICAGO BOARD OF TRADE
THE STOCK AND BOND EXCHANGE
Main Floor Lttmbennens Bank Bldg.
Fifth and Stark.
Phones Marshall 4120, A 4187.
WHEAT DROPS AGA1
Perfect Crop Conditions Re
ported From AH Sections.
BUMPER YIELD ASSURED
Prices at Chicago Close Heavy, 5-8
to 13-8 Cents Under Monday's
Last Flgnres Corn and
Oats Are Also Down.
CHICAGO. July 16 All the experts in
the Northwest reported practically perfect
crop -conditions today and thereby threw
the wheat market Into a state of extreme
weakness. Prices closed heavy, to Hie
under last ntht.
Hope faded for the bulls in wheat 'when
one dispatch after another said there was
no sign of black rust and that the weather
remained just the sort needed to insure- a
lmm.per crop. Liquidation ' and short sell
ing carried the market down from the out
set until the break had reached the lowest
levo! on the present down turn. A fair re
covei took place - later, chiefly through
covering by some of the larger shorts, who
were realising profits.
Rains In Western 'Missouri, that meant
delay to threshing, helped sustain wheat
prices. There was also a sharp falling oft
in the world's available supply total.
Cash grades of corn were in slim request.
The fact that cutting of oats was under
way in Iowa and Illinois; under conditions
which left nothing to desire, had a bearish
effect on prices here.
In ,the end provision prices averaged
about the same aa last night.
Futures ranged as follows:
Open. High. Low. Close.
July 1.00 1.00 .!5
Sept. 6Vi .IN!", .U.V. .Wm
Dec 96 .05 .7 .SH
Dec .57H .5TH ..'.654 .
July 72 .TS'. '
Sept; !7 .67 54 . -''i
May .set, ..is;1 .3"?, .ss
OATS. , .
July 42H .4-H .42 .4214
sept. M .sx v4 .:vi
Dec .33 .3.1 ;.S4 .34)4
May 37 Vi ."7 '4 .384 -37
July 17.75 17.73 17.62V4 17.73
l.nt mviu . 18.13 17.54214 Ig.OTVi
Oct.' 18.00 lS.l2Vi M.UO 1S.121S
July , '
Sept. . ...-.10.5TW 10.57H 10.4214 10.32V.
Oct. 1U.11214 10.B214 1U.S0 lO.HO
Dec. .....1U.33 lo.atl xu.zv Au.it -n
Sept iu.4z ii'.ow jv.oiu -7
Oct 10.4214 10.4214 10.S2H 10.42!i
Total clearances of wheat and flour were
equal to " 74.000 bushels. Primary receipts
were 480.UUU Dusneis. comparca wim i."'.
000 bushels the corresponding day a year
ago. The world's visible supply, as shown
by Bradstreet's. decreased 8. 148. OOO bushels,
estimated receipts for tomorrow: Wheat, 27
cars; com, 86 cars; oats. 84 cars; hogs,
Grains In Sao Francisco. .
SAN FRANCISCO. July 16. Spot quota
tions: Walla Walla, l.5igl.t;7 14 : red Rus
sian. il.l 1.6414 : Turkey red,
bluestem. l.7t9'1.70; fee: barley. 1.40"a
14'14' bran. liS-Oa? 28.50; middlings, JJo.OO
H6.00; shorts. 32.OO(fi)32.;0.
Call board sales: Wheat. December, 1.S3
pi. 5514- Barley. December, 1.3544: May,
European Grain Markets.
LONDON. July 18. cargoes ouil "
Walla. September-October shipment. 6a low-
u.i nnntrv markets firm.
French country markets holiday.
LIVERPOOL. Julv 16. Close: Wheat.
July. 7s 6T4d; October; 7s lV4d; December.
Largest 8.9. Co.
In the World
1 .2 10.000
Cleveland July 25, 9 A. M
Kaiserin Aug. Vic, Aug. 1. II A.M.
Pres. Orant Aug. 8, 12 noon
...AUgUSl IO, 11 A-
GIBRALTAR, NAPLES. GENOA.
S. S. MOLTKE
AUG. 20, 11 AM:
S. 8. Hamburg Sept. 19, 1 P. M.
TWO IDEAL CRUISES
13 DAYS IN JAPAN
18 WATS IN INDIA
From New York I l-'romViln Francisco
GOT. 19, 1912. 1 FEB. . 1!13.
e S. S. CLEVELAND
DURATION OF EACH CRUISE
nd I including all neces
" rary expenses aboar 1
1 a.hnra m!la-nv
hotel. shore excursions, carriages.
guides. lees, eic.
Write for booklet of any cruise.
160 Powell St.. San Francisco. Cal.
n -W K. se r. --.v..
D & R. G. R. R-. Burlington
Route. Milwaukee j Pwt
...... hj t, t Wmtth
6V 5th mt. Portland, Or.
SYDNEY SHORT LINE
19 DAYS FROM SAN FRANCISCO
Via HONOLULU and TCTUILA (SAMOA)
Splendid Steamers of Oceanic Steamship Co,
(SpreckeU Line), 10,000 tons displacement,
sail from San Francisco, July 2, July 30
(new schedule) and every 2S days tnero
a?teT on a 19-DAi SERVICE TO SYDNEY,
attstr4XJ. with stop at HONOLlLt aad
SMOA;THE iUICK AND ATTRACTIVE
ROUTE TO THE ANTIPODES. San Fran
cisco to Svdney. 1st class, 200; round trip.
e300 Bound world. 600, 1st class; 375. 2d
class, via Ceylon and Mediterranean, (atop
overs). HONOLULU $110 bacS
lit clswa. S alii n pa, June 23. July 2, 16. 30
and every Z weeks.
OCKAMC STEAMSHIP CO., 67 Market b
AMERICAN -HAWAIIAN S, S. Ca
(lb Kmllvray ExeDssgs HUS
THE UNITED STATES
UNITED STATES DEPOSITORY
Capital : . . -. . . $1,000,000
Surplus and Profits $ 1 ,000,000
J. C AINSWORTH. Prealdent. R. W. SCITWEER. Chle.
R. LEA BARNES. View-President.
A. M. WRIGHT. Assistant Cashier. W. A. HOLT. Aaalataut Cashier.
-LETTERS OF CREDIT AND TRAVELERS'
CHECKS ISSUED NEGOTIABLE EVERYWHERE
DRAFTS DRAWN on ALL FOREIGN COUNTRIES
Do you want to invest your idle
Our Savings Department pays 4
per cent interest.
Capital - -
First National Bank
Oldest Nationa! Bank West of tho
LADD & TILTON BANK
Surplus and i Undivided Profit
Commercial and Savings Accounts
Letters of credit, drafts and traveler checks issued, avail
able in all parts of the vorld.
W. IK. I.add. rVcatdent. Robert S. Howard, Aas. CaaMMs
EdTvard Cookintaam, Vlee-Prs. J. W. Ladd, Asst. Cashier.
W. H. Duacklfy, Cusisr. Miller M. Cask. Aat. Caskle
The Canadian Bank of Commerce
l.ad Office Toronto. Cassia Hew Torfc 1 Bxehon. Pl
, Lootiuu 2 Lombard street.
Ovr two htmflrea other branches In the United States i ana ' si
Every care taken of collections. Drafts on all foreign J?0""'."' J"
prl'cipal citlls In United States and Canada bought and sold. a4
eeceral backing business transacted.
Interest allowed on Time and Special Deposits.
PORTLAND BRANCH. SECOND AND STARK STREETS
F. O. MALPA5, Manaire-r.
EXPRESS STEAMERS FOB
Ban Francisco and Lo Angeles
8, S. BEAVER sails 9 A. JL. Jnlr tL
THE BAN FRAN. PORTLAND S. 8. CO.
Iktet OtHce 14!! Third Street.
Phone: Uain A 102.
COOS BAY LINE
Sails from Ainsworth Dock, Portland, at
9 A. W., July 2. 9. 14. 19. 24. 29; August
3 8. 13. IS, 23. 28. Freight received at
Ainsworth Dock daily up to 6 P. M.
Passenger fare first-class, $10; second
class S7. Including berth and meals.
Ticket office Ainsworth Dock. Phones
Main 3600. A 2332. ,
Sails" from Couch-Street Deck Wednesday.
July 17. 7 P. M. .
For Newport, Florence and Bandon.
Freight and Passengers.
Prank Bollam. City Ticket Agent, 12S Third.
Phones: Main 628; A 4596.
C E Brown. Frt. and Pasa Agent, Couch
St, Dock. Phones; Main Sol; A 4161.
Tears of continuous service under the most
exacting traffic and other conditions Is the
supreme test of the street pavement
II t II n Kit ASPHALT
this test. Demand it In your
"EMPRESSES OF THE ATLANTIC"
XKJ) o'iHkH Bl 'Si A MaHlPB.
UONTREAU QUEBEC AND LIVHRPOOU
SCENIC BOUTS TO EUROPE
ON THE 5T. LAWRiiNCHS RIVER
LESS THAN FOUR DATS AT SEA
' 2SSS MILES. PORT TO PORT
THE SHORTEST OCEAN PASSAGE
FW Cabin : i f!t.S0anSap
Third-Class Lowest rates on request.
Canadian Paclflo oltlca. corasr T-ji'd
Pin. (Multnomah Hotel bids.). Portlaao.
and ail local agents-
San Francisco, L03 Angele.
and San Diego Direct
S. S. Roanoke and S. S. Elder
Sail Kverr W ednesday Alternately st R
N0ETH PACIFIC S. a CO.
1!I A Third 6U fhonea Main U1S. A 1S1
Drain to Coos Bay
Auto Every Day. Wire Reservations to
O. MATTOON, Drain, Or.