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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 17, 1912)
HEMHTOffflffl Umatia Farmers Asking 70 to 73 Cents. 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 following tables: Wheat acreage and yield Acres. . .44.H4A.UOO Bushels. 629.OoO.oO0 621.o3b.000 H33.121.0OO tts3.840.607 64.2,OO0 634.07.000 735 2HO.070 6U2.07U.4fiH 552.30U.517 63721.S-:5 60.003,003 Bushels. 104.U'H,000 160.240, O0 173.632.O00 170.24.000 166,756,000 1.V1.317.0OO 179.1M6.4N4 13ri.tt51.O20 130.748.H58 1311.31 1012. . . mi... i:io. iwtf. .. l'M'S. . . 1 SXt7. .. l:no. .. r.'G. . . im4. .. i:i . . 4!i..-t3,UOO . .4.l,6,l,'Mrl . .44.2tH.000 . .47.o07.0h 45.211,000 . .47. J S3.. . .47.RM.079 . .44.074.875 . .4!t.44.m;7 . .4.2U2.44 1 Barley acreage and yield Acres. 1312 inn... . 1010. ... 1 !... . ius. .. . liH)7 1W)6 lttor. , . . 1V4 19n. 7.754.006 7.627. 0tO 7,743. OOO ".11.1MMI fi.tf4rt.ixm 0.44. OOO 6.323,757 5.0H5.52S Ii.14o.S7S 4.9h:1.137 4.6til.063 l9o: 134.954.023 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 ?arlier expected. 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 Says yet. 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, becoming pronounced. Podltry arrivals were large and buyers were not disposed to take hold. Hens were freely offered at IS cents. Dressed meats were steady. 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 Clewriags. Bank clearings of the Northwestern cities csiraay were as xouows: Clearings. Balancea 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 PORTLAND MARKETS. 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 o. $1.50. T tOPIC Ab FRUITS Oranges. Valencia. 3.2&v$ California grapefruit. $4. 50; lemons, $4.9006 per box; ptneapplea. Se per pound. 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. Heme. 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 pound. CH EEJC Trloleta and daisies. 17c per pound. 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 Staple Groceries). 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. 22 25c. 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. 35!c. GRAIN BAGS in car lots, iua FEEDER STEERS SOLD TEXAS STOCK BRIXGS $33 TO $35 A HEAD. Will Be Shipped to Eastern Oregon. Hogs Advance a Xickel at the Local Yards. 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 $5 60. 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 follows: 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 Bulls S-10 Str.gs . LUh'tKS H-a " . 6 25 9 7 00 Sheep - ... . T-arilngs J-VV' J- n-ethers vve9 - ..." If tTmb. ..: , 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. $7.0.7.25; 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 Company today. 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 Crop Reports. 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. " Closing 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 Iowa Central 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. BONDS. Furnished by Overbeck & Cooke Co., of Portland. Bid. Asked. 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 4. ,.,'. 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 steady. 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 fices 80.627.193 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 ?52c. 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; three-fourths-blood, 164l55c. 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 90c 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. nominal. Raw sugar, firm. Muscovado, 89 test, 3.48c: centrifugal. 86 test. 3.98c: molasses. 89 test. 3.23c sales, 100,000 bags. Refined steady. Metal Markets. 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, 97 c. Barley 45gS5c 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 judgment pre vail, especially when selecting pavement for the property in which you are interested. Make it "bitu lithic." IB ESTABLISHED ISM jfert, ifSacon & iavia sEnoliteerB Railway, lighting, Power, Water, Gas, Irrigation Construction Operation . s ' Reports "5 BROADWAY. NEW YORK. NEW ORLEANS. SAN FRANCISCO. J.C.WILSON&CO. STOCKS. BONDS. GRAIN AND COTTON MEMBERS 1VEW YORK STOCK EXCHANGE iiEW YORK COTTON EXCHANGE CHICAGO BOARD OF TRADE THE STOCK AND BOND EXCHANGE SAN FRANCISCO. PORTLAND OFFICE: 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: WHEAT. Open. High. Low. Close. July 1.00 1.00 .!5 Sept. 6Vi .IN!", .U.V. .Wm Dec 96 .05 .7 .SH CORN. . 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 PORK. 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 LARD. v 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 SHORT .RIBS. July ;o? 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, 25,000 head. 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, (1.40. 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. 7a '4d. Weather clear. TRAVELERS' CODE. Largest 8.9. Co. In the World OVER 400 SHIPS 1 .2 10.000 TOKS Atlantic Service Londan. Paris, Hamburg Cleveland July 25, 9 A. M Kaiserin Aug. Vic, Aug. 1. II A.M. Pres. Orant Aug. 8, 12 noon ...AUgUSl IO, 11 A- MEDITERRANEAN GIBRALTAR, NAPLES. GENOA. S. S. MOLTKE AUG. 20, 11 AM: S. 8. Hamburg Sept. 19, 1 P. M. TWO IDEAL CRUISES AROUND! INLAND EXCURSIONS and SIDE TRIPS THE WORLD 13 DAYS IN JAPAN 18 WATS IN INDIA From New York I l-'romViln Francisco GOT. 19, 1912. 1 FEB. . 1!13. By e S. S. CLEVELAND ,000 th 'one) DURATION OF EACH CRUISE 110 DAYS 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. HAMBURG -AMERICAN LINE 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 Francisco. NEW YORK-PORTLAND Low Kates. AMERICAN -HAWAIIAN S, S. Ca (lb Kmllvray ExeDssgs HUS PairtUBd. Or. Halm 3T. THE UNITED STATES NATIONAL BANK PORTLAND, OREGON UNITED STATES DEPOSITORY Capital : . . -. . . $1,000,000 Surplus and Profits $ 1 ,000,000 OFFICERS 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 lumbermens National Bank Do you want to invest your idle funds? Our Savings Department pays 4 per cent interest. Capital - - First National Bank Capital $1,500,000 Surplus 900,000 Oldest Nationa! Bank West of tho Rocky Mountains LADD & TILTON BANK Established 1859. Capital Stock 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. OFFICERS 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 INCORPORATED 1!M7. 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. Withstands street, mipmrcuicii"-. TRAVELERS GUIDE. EXPRESS STEAMERS FOB Ban Francisco and Lo Angeles WITHOUT CHANGE 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 BIEAAISlllP BREAKtt'AIIS 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. , Steamer Anvil 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. SI, 000,000 .$1,000,000.09 800,000.00 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 TRAVELERS' GUIDE. Canadian Pacific "EMPRESSES OF THE ATLANTIC" XKJ) o'iHkH Bl 'Si A MaHlPB. UONTREAU QUEBEC AND LIVHRPOOU VIA THE SCENIC BOUTS TO EUROPE 1000 MILES ON THE 5T. LAWRiiNCHS RIVER AND 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.