15
THE MORNING OREGONIAN. SATURDAY. JTTLY 27 1912.
OLD PACK IS GONE
Canners and Dealers Enter
Season With Shelves Clean.
CONSUMPTION WAS LARGE
Good Output of Fruits and Nearly
AH Kinds of Vegetables This Year.
Pea Pack Is Not as Short
as Expected.
The cannera. Jobber, and retailer, of th.
country ar. colng into the new packlnf
season with their warehouse. nil .helva.
well 'cleared of fruit, and vegetables of law
year-a pack. The eanner. are closely sola
out of nearly all lines, the clean-op of to
matoes, peas and other vegetables. Includ
ing corn even, which was produced heav
ily last year, being complete
Never In the history of the canning in
dustry were canners more closely cleaned
up on peas than at the beginning of the
1812 pack, while It is doubtful If their hold
ings of tomatoes at the end of June In the
year of the .yndlcate'a operation, when the
country waa literally scoured, both by the
syndicate In Its efforts to acquire the en
tire supply and the Jobber to avoid buying
of the manipulators, were more elgnlficent
than today. The smallness of cannera
stocks of corn strikingly proves that the con.
sumption of this commodity has been very
large, the comfortable position of the can
ners of this article being rather more than
merely suggestive of what consumption
would be In a year of normal prices and leas
distinctly poor quality among the pack. .
Except of peas, the pack in nearly all
lines this year will be large.
Advices received from Wisconsin note that
the pea canning season has progressed well
toward Its end and that the outcome, at
least on the Alaskas, was better than prom
Ised In recent reports. In fact., hlle the
pack of early Alaskas was short for the acre
age planted. It waa good, both In quality
and quantity, and the later Alaskas will
make tood standards and very fair extra
standards, and a number of the Wisconsin
peapackera secured a surplus and are mak
ing -out offerings from it. The late peas
also promise to turn out better, as the en
tire State of Wisconsin recently had good
rains and in consequence the late peas,
which ara suffering from drouth, were con
siderably Improved. The pack of sweet
varieties Is now on In Southern Wisconsin,
with a yield only fair.
Canners In moat Instances hsd a good
run on Alaskas the first week and were
enabled to paok up to their future sales
of fancy grade and make good deliveries
en contracts. The quality of the latter
part of the Alaska pack was not good,
which leaves fancy Alaska peas very scarce,
as also are the extra standard grades. Ad
vices state that peapackers in Wisconsin
who secured some surplus are asking ad
vances over the future delivery. In some In
stances the advances asked are said to be
10 cents a doxen on the smaller sixes. Moot
of the surplus peas secured appear to be
No. S Alaska..
EARLY BUSH FOB WHEAT IS OS
Dealers Actively Bidding at Country Points.
Purchases About Million Bushels.
Wheatbuylng on a liberal scale was re
ported from many parts of the country yes
terday. The selling jr.. by no means gen
eral, however, as the farmers are not In a
selling mood. The present early rush Is
likely to be ended this week or in the first
half of next week. A conservative estimate
of the amount of wheat bought is 1.000,000
bushels. Dealers bid on the basis of 789
T8 cents for club. Bluestem was quoted at
81 cents.
There were no new developments in the
barley or oats markets.
Weekly foreign wheat shipments were as
follows:
This Wk. L.st Wk. Last Tr.
Argentina ..2,328.000 1.944.000 1.720.000
India ... 2 504 000 2.M2.000 1.696.000
Australia 3S4.000 440.00 480.000
Local receipts, in cars, were reported by
the Merchants' Exchange as follows:
Wheat Barley Flour Oats Hay
Mond.y 2 '? 3 4
Tuesday 4' J 3 J
Wednesday J ,
Thursday 1 -"A 5 I
Friday - ---j
B-5:Ss i .a fi'is
LOCAL PEACHES SCARCE. PRICES FTRM
Good Demand for Fruit on Front Street.
Melons Moving Well.
Front street was well supplied with nearly
all kinds of fruit yesterday and the demand
was brisk, the warmer weather stimulating
"lTi peach market was firm. California
stock was cleaned up and the arrivals of
lotal peaches were not sufficient for the
demand. Apricots were also firm. Plums,
pears and apples were steady.
Watermelons are again moving actively.
Berrlea of most kinds are slow.
Half a car of California Malaga grapes
are due today. They will be quoted at S2.B0
a crate.
Better Demand for Poultry.
Smaller arrivals of poultry and an im
proved demand cleaned up the street of
chickens yesterday at better prices. Hens
sold at 12H and 13 cents. Springs did
not work off as well as hens. Dressed
meats of all klndj were firm.
the egg market was steady and unchanged-Local
butter stocks are closely cleaned
up and the market is firm. Cheese holds
atcady.
Hen Contract Made at 19 Cents.
Kewerop hops were sold on the west
aide yesterdsy at 19 cents, which shows the
sagging tendency of the market lor con
tract A 40-bal lot of 1012s was sold at
20 cents.
Bank Clearbura.
Bs'nk clearings of the Northwestern cities
yesterday wera as follows:
Clearings. Balance.
Port!and Jl.JTO.TTS S 0.IS4
fratlla 1.M3.671 211.73:
Tacoma 6S7.S3S 17.611
Spokane 610.994 71.. 0
PORTLAND MARKETS.
Grain. Floor. Feed. Etc,
WHEAT Track prices, new: Club. 78
Tc: bluestem. Sic Old: Club. S4o: blue
stem. Sc
FLOl'R Petents, 13 10 per barrel:
straights 14.70: exports. 4.20; Valley. $5.10.
BARLEY Sew. brewing. 25; feed. (24
per ton.
HAY Timothy. $1015: alfalfa. $lltU;
clover. $10: oats and vetch. 12; grain hay.
-
MILLSTUFFS Bran. $23.50 per too;
shorts. $28 30: middlings. $32.
CORN Whole. $3: cracked. 40 per ton.
OATS New. $:a.oc$7i o'd. M per too.
Vegetables and Fralta.
FRESH FRUIT Cherries. StflOo per
pound, apples, old. $1.50 C3 per box: new,
75c fj $1.50 per box: peaches, 60j90e per
box: currants. $1308173 per box; plume.
73c3$1.23 par b"x- peers. $1.30 91.75 per
box: apricots. 75c 0 $1.10 per box: grapes.
$2.30 jer crate.
BERRIES Raspberries. $1.60 per crate:
. loganberries. $1.30 per crate; blackberries.
$1.:5 per crate.
TROPICAL rRUlTS Oranges. Valencia,
$3 23 8$ 73. California grapefruit. $4 30;
lemons, ligiit per box: pineapples, per
pound.
MELONS Cantaloupes. 2.?ST5 .per
. er.te: wstermelona lc per pound.
ONIONS California red. $1 per sack;
yei:ow. $1.25 pr sack.
POTATOES Jobbing prices: Burbanks.
old. $1 per hundred; new. per pound, lc
SACK VEGETABLES Carrots. $1.73 per
sack: turnip. $1.25 per sack.
VEGETABLES Artichokes. JlTc per
dosen: beans. Ic: cabbage. llc per
round; cauliflower. $1.2.1 per dozen: celery.
se per crate; corn. 1525c per doxen;
cucumbers. SOo per box: eggplant. II H per
pound: head lettuce. 202.le per dosen:
peas. 8$9c per pound: peppers. l$M2i
r - tHMinrt: -rM-- 1"2'- r"r n
rhubarb, IHe per ponnd; spinach. 4J5c per
pound; tomatoes. $1L23 per box; garlic
&10c per pound.
Dairy and Country Frodnea.
EGGS Case count. Sic; candled. $a: ex
tras, 27e per doxen.
BUTTER Oregon creamery butter, cubes,
$0c per pound: prints. 8He per pound.
CHEEJC Triplets and daisies. l,o per
pound.
PORK Fsncy. lOHfJHe per pound.
VEAL Fancy. IStteWe per pound.
POULTRY Hens. 1214 13c; broilers, lsc.
ducks, young. He; geese. 10 0 11c: turkeys,
live. He; dresaed. 84 9 35c
Staple Groceries.
SALMON Columbia River. one-pound
tails. $2 23 per dosen: eight-pound talis.
$2.95; one-pound flats. $2.40: Alaska pink,
one-pound tails. $1.35.
COFFEE Roasted.. In drams. SltO40e
per pound.
NUTS Walnuts. 16QlHc per pound:
Brasll nuts. 12i4c; filberts, 14913c: al
monds. 17?21e; peanuts, 18c: cocoanuts, Oo
ti$l per dozen; chestnuts. 12 He per pound;
hickory nuts. 60 10c per pound.
HONEY Choice. $3.7$ per case; strained
honey. 10c per pound-
SALT Granulated. $15 per ton: half,
ground, 100s. $8.50 per ton: 50a, $9 per ton.
BEANS Small white, 8.40c: large white.
S.20c: Lima, 6.60c: pldk, 3tte; Mexleua
4c: bayou. 4ttc
RICE No. 1 Japan, ec: cheaper gradea
5 C 5 H c : Southern bead, JJHe.
SUGAR Dry granulated, 15.95: fruit and
berry. $5.93; Honolulu plantation. $5.90;
beet. $5.70; extra C, $5.43; powdered, bar
rels. $6.20; cubes, barrels. $6.83.
DRIED FRUITS Apples. 14c per ponnd;
apricots, 1618Hc: peaches. 1214c:
prunes. Italians. 10Vstfl04e; sliver. 18c:
figs, white and black. 6MiTc; cutrants.
IVie; raisins, loose Muscatel. KT1Jc;
bleached Thompson. 1114 c: unbleached Sul
tanas. 84c; seeded. 7VjSttc; dates, Per
sian. Iltc per pound: Fard. $L$0 per box.
Hope. Wool and Hides.
HOPS 1912 contracts, llffMc; 1111 crop,
20 6 22c
MOHAIR Choice, S2e per pound.
WOOL Eastern Oregon. 14 190 P
p-mnd according to shrinkage: Valley, 210
23c per pound.
PELTS Dry, 13c: full wool butcher pelts,
$1 2501.75: sbearlngs. 10 30c
HIDES Salted hides. 114e per pound:
salted calf. 20c; salted kip. 11012c: green
hides. 11c: dry calf. No. L 25c; No. 2. 20c:
dry hides. 19 8 20c; salted stags, Ttttr8c;
green stags, 6 to 07c.
CASCARA Psr pound. S05c: eariots.
GRAIN BAGS Spot. In car lots. llc;
1913 bags, 6 He
Provisions.
HAMS All sixes, 164lTo: skinned.
lv4S17c: picnics. 12c: boiled. Hc.
BACON Fancy. 26027c; choice. 20021c
DRY SALT MEATS Backs, dry salt, 1H4
012tte; backs, smoked, 186 Ho; bellies, dry
salt, lftttc; bellies, smoked. 15c
LARD Tierce basis, choice. ISttc: com
pound, 9ftc; leaf, three-pound palls, $8.50
per case.
MISCELLANEOUS Pigs' feet, kits. $1.85;
sliced beef, lnsldes. $23 per case; lrled beef.
Ineldes. 25c per pound; bologna, canvas
back, I0Hc; minced ham. 12c
Lutseed OU and Turpentine.
LINSEED OIL Raw. barrels. 88o; oiled,
barrels, 90c; raw, cases. 93c; boiled, cases,
95c
TURPENTINE Cases, 69c: barrels. 66te,
ALL LINES ARE FIRM
HOGS SELL AT A DIME ADVANCE
AT STOCKYARDS.
Load or Choice Quality Brings $8.50.
Several Cars of Top Steers Move
at $7 Lambs Nickel Higher.
There was a firm market all down the
line yesterday at the stockyards. Receipts
have been light this week and the good
quality offered yesterday found x ready
buyers.
About four loads of prime steers were
sold at $7, a pries that has not been ob
tained for several days past. One load
brought $tf.6J. and low-grade stock sold at
$5.30 to $6.25. Only a few cows were of
fered. A single sale was made at $8.50 and
the others brought $4 to $6.
A dime was added to local hog values by
the sale of a load of choice grade at $8.50.
They averaged 197 pounds In weight.
In the sbeep market the only sale waa a
bunch of 131 lambs, averaging 78 pounds, at
$5.E0. This figure is a nickel better than
the late price.
Receipts yesterdsy were 101 cattle. 220
hogs and 442 sheep.
Shippers were J. W. Servler. Grangevirle,
Idaho. 2 cars of hogs: C. E. Lucke, Canby.
1 car of sheep and hogs; C. H. Farmer. Mc
Coy. 4 cars of sheep; L. H. Lawson. Pendle
ton. 1 car of cattle, and Fred Rader. Hepp
ner, 3 cars of cattle.
The day's sales were aa follows;
Weight.
1075
1100
110,1
2 steers
3 steers
11 steers
4 cows .
8 cows .
1 steer
24 steers
10 steers
10 steers
22 steers
21 steers
1 cow . .
1 cow . .
6 cows
20 cows .
21 steers
19 steers
1 steer .
1 steer .
26 ste.rs
1 steer .
20 steers
2 steers
1 cow . .
2 cows .
2 cows
1 "tag ..
1 stag ..
131 lamba
no nors
. SsS
.1270
.1108
. o:;
. 9X9
. 927
. 906
.1020
.13S0
Price.
$5.60
6.40
7.00
3.50
6.00
6.00
7.00
6.20
3.90
3.90
3.90
4.00
4.30
3.00
5.73
5.80
7.00
7.00
6.00
. 7.00
7.00
6.63
6.30
6.50
6.75
5.50
5.50
5.50
5.30
8.50
e.uvcy a..v
$.750 i.OO
8.759 6.25
$.$0 0 5.75
6.00 5.50
7.003 825
t.00 6-50
$.50 0 S.lt
4.750 t IK
8.00H 8.30
(.25 0 7.00
11.7
inN
1U"S
1200
1 1020
1130
1103
1100
1373
870
i;-,20
1090
1103
1070
1100
78
' 197
The range of prices at the yards was as
follows: .
Choice steers ?"?t-92
Good steers
Medium steers
Choice cows
Good cows
Medium cows ............
Choice calves
Good heavy oalvos
Bulls
Stags
Hogs
Light Heavy
Sheen .
Y.arllng. -O0
wetjers ; g.oo a.B0
Smb. 4.000 5.30
Omaha Uveetock Market.
CHICAGO, ' July W. Cattle Receipt
1300; market, steady. Beeves. $3.7309.75;
Texas steers. $4.90S7; Western steers $5.80
7 85: siockers sod feeders. $406.85: cows
and heifers. $2.700 8; calves. $6.5009.50.
Hogs Receipts. 15.000: market, strong,
generally 5c UP. Light, $7.75S.S0; mixed,
$7.50a8.25; heavy. $7.308.12H ; rough,
$7.30 1 7.35; Pigs. $d.75S8.1l; bulk of sales.
$7.80 a 8.13.
Sheep Receipts. 10.000; market, steady.
Native. $3-1593: Western. $3. 23 4. .5; year
lings. $405.50; larubs. native. $4.2507.50-,
Western, $4.25 0 7.50.
Chicago Uveetock Market.
SOUTH OMAHA. July 26. Cattle Re
ceipts 500; market, ateady. Native steers,
$5.8509.73: cows and heifers. $3.2597.
Western steers, $308; Texas steers. $4,500
6.23: range cowa and heifers. $306: can
nera $2.7504; atockera and feeders, S.751
8.73: calvea. $4.25 3 7.75; bulla, atags. etc
S3.7S03.5O.
Hoss Receipts. 6300: market, 10c higher.
Heavv. $7.2007.55: mixed. $7.40 0 7.35: light,
$7.25 a 7.75; Pigs. $60 7; bulk of sales. $7.40
07.63.
Sheep Receipts, 660O: market. 10015c
higher. Yearlings. $4.50 0 5.23: wethers. $3.75
04.75: ewes, $o4.15; lamba. $6.2507.35.
SAX FRANCISCO PRODUCE MARKET
Price Quoted at the Bay City for Vege
table, Fruits, Etc
SAN FRANCISCO. July 26. The follow
ing produce prices were current here today:
Fruit Apples, choice. $1.50; common. $1:
Mexican limes. $5 0 5.30; California iemona.
choice, $5.50; common, $2; pineapples.
$L50S2.$0.
Cheese 13016HC
Butter Fancy, creamery. 28HC
Egge Store. 23c: fancy ranch. 24c
Vegetables Cucumbers, 15033c: garlic, 2
03c; green peas. $1.30 8 2.23; string beane.
102toc: tomatoes. 75c0$l; eggplant, 500
75c.
Potatoes River Burbanks. 7Sc0$l; Ore
gon Burbanks. nominal;. Early Roast nom
inal: sweets. 40 3c.
Hay Wheat. $12 0 20 30; wheat and oats,
$1218: alfalfa. $11013.50,
Receipts Fleur, 1250 quarter sacks:
wheat. 690 centals; barley, 8435 centals:
oats. 430 centals; potatoes. 8915 sacks: bran.
1220 sacks: middlings. 145 sacks: hay, 701
tons: wool. 108 bales.
Wool at St. Loots.
ST LOUIS. July 26 Wool Steady. Ter
rltorv and Western mediums, 20 0 24c; nne
...Tl".im. ie20-: 6". l"1lfe.
ALL REPORTS GOOD
Rosy Outlook for Business in
Every Branch of Trade. -
BIG CROPS ARE ASSURED
Iron and Steel Industry Is Oversold
and Prices Are Advancing Buy
ing for Fall Trade Expanding.
Scarcity of Labor Reported.
NEW YORK. July 26. Bradstreet's to
morrow will say:
This week's reports furnish a veritable
budget of' good news. Practically every
crop proapect pleases, current trade Is of
seasonable volume, buying for Fall- is ex
pending, the iron and steel Industry is over
sold, labor I. scarce, the railroads are pre
paring for a heavy trafTIc in the Autumn,
gross earnings are Improving, no one seems
much concerned about political matters and
although retail dealers have to cut prollta
in order to move stocks, business has been
stimulated. Expansion in trade is most
visible in the Northwest and sections cater
ing thereto. Eastern centers note an up
lift. Premiums to be paid for prompt shipment
of steel products and advances are noted
on wire, skelp and light rails, while the
scarcity of labor, which commanns relative
ly good prices, tends to restrict outputs.
New business Is somewhat under ship
ments, but railroad buying of cars is more
liberal. Pig Iron Is higher and in the
West It is more active.
Business failures in the United States tor
the week endlnn July 25 were 252.. against
2S3 last week, 241 in the like Week of 1911,
200 in 1900. 263 In 1909 and 273 in 1908.
Bu.lne.a failures In Canada for the week
number 26 which compared with 22 laat
week and 22 in the corresponding week of
last year.
Wheat. Including flour exports from the
united states and Canada ror tne week enu
in July 23 aggregate 2.056.936 bushels.
sgalnst 1.9S4.4W last week and 2,514,204
this week last year.
Corn exnorts for the week are 99.262 bush
els. against 44,394 last week and 350,098 In
191L
LARGE RAILROAD TRAFFIC PROMISED
Increased Purchasing of Equipment a. Re
sult of Big Crops.
NEW YORK, July 56. R. G. Dun & Co.'
weekly review tomorrow will say:
Statistics of trade movement, tell of a
volume of business quite up to normal. That
Industrial llnea are well employed is Indi
cated by the advances In products of Iron
and steel and by the better demand and
higher prices this week for Conner.
Generally excellent crop prospects promise
a larger traffic over the rallroada and In
creased purchasing of equipment Is noted
a. a result.
During the week orders for about 10.000
cars and 30O locomotives were placed, while
the buying movement Is expected to gain
momentum at an early date.
A moderate trade Is noted In cotton goods.
Numerous buyers ' are In the market and
show some anxiety as to supplies for future
requirements, as stocks In all positions are
believed to be very small.
The demand for woolens Is about all that
could be desired and raw wool 1. readily
taken at the higher prices asked.
The shoe trade makes a further gain this
week. '
Bank Clearing.
NEW YORK. July 26. Bradstreet's bank
clearings report for the week ending July
25 shows an aggregate of $2,825,936,000, as
against $3,163,750,000 last week and $2.
952,638,000 In the corresponding week last
year. F. u.
Inc.
New York $1,593,765,000 "9.7
Chicago 270.4SS.OO0 "2.9
Boston 155.865.000 9.1
Philadelphia 141 126,000 3J0
Ht. Louis 67.6S6.O00
Kansas City 46.662.000 4.3
Pittsburg 53.83.3.000 10.2
San Franciaco 47.1!n,000 13.6
Baltimore 33,2tl3.ooo ".8
Cincinnati 23,951,000 . 9.6
Minneapolis 17.1H7.0OO 14.5
New Orleans 1K.463.000 37.0
Cleveland 21.352.000 5.
Detroit 10.9X4,000 l.vi
Los Anxeles 20.179.000 13
Omaha 15.548.000 13.7
Milwaukee 13.157.000 3.3
Louisville 11.891.000 .1
Atlanta 9.404.0O0 20.0
Portland 9,679,000 ,7
Seattle 10.16.1.000 7.4
St. Paul 10.558.000 4.9
Buffalo 9.819,000 6.3
Denver 8.161. OitO 4.1
Indianapolis 8.610.000 2.2
Prov dence 6.SS 1.000
Richmond 7.H3O.OO0 11.3
Washington. D. C 6.73B.OO0 10.5
MemDhls 3.S64.O00 38.2
St. Joseph 6.036.000 15.9
Salt Lake. City 5.137.000 12.0
Fort Worth 5.30S.OOO 38.8
Albany 6.301,000 9.9
Columbus 6.061.00O 1.5
Savannah 3,307,000 30
Toleiln 4.99S.OOO 11.2
Nashville S.OBO.OOO, 23.6
Hartford 4.iH3.ooo 3.3
Spokane. Wash 3,368.000 3.2
Tacoma 3,9:11,000 9.0
Des Moines 3,705.000 6.3
Oakland. Cat 3.172.000 '3.'!
San Diego. Cal 2,2n.-,.00O 50.9
Sacramento. Cal 1. i-s.ooo
Stockton. Cal 796 uOO 16.3
Boise. Idaho 712.000 13.7
Ogden. Utah 421,000
Decrease.
SIOGK TRADE SLUGGISH
TENDENCY OF PRICES IS UP
WARD BUT UNCERTAIN.
Bear Faction Is in Existence Hill
Issues Prominent for Their
Consistent Strength.
NEW YORK. July 2. The pro mi 83 held
out In yesterday's late rise on the stock
exchange waa hardly fulfilled today. While
the tendency was again upwara, tne move
ment was so alurfftsh. and for the most
part uncertain, as to Indicate the existence
of a formidable bear faction.
Optimism, provoked by the General Elec
trie stock dividend, suffered severe set
back when that Issue fell sharply to almost
seven points below the previous day's best
price, the action of the directors evidently
being regarded as having no direct bearing
upon industrials.
United States Steel rose up to yester
day's flgrures early in the day, with other
active stocks, but tne aavance soon causea
some reaction.
Aside from the Hill shares, which were
aafn prominent for their consistent
strength, most ot todays gains were in
stocks of a special or Inactive character.
National Biscuit Issues have steadily de
niind since last weeK and added ma
terially to the loss on rumors affect ins; its
dividend
Local money conditions were unchanged,
except for greater ease In short-time loans
and a hardening- of rates for four to six
months. Clearing-house banks are again
likely to gain considerable cash and a
further contraction of loans is probable.
In the bond market one point decline in
Oregon Short Line refunding fours waa the
feature. Total sales, par value. $1,618,000.
United States Government bonds were un
changed. CLOSING STOCK QUOTATIONS.
Closing
gales. High. Low. Bid.
Amalpper V. "', Vob "3H 2
Am AirVcnJ .. 100 60 60S 60
Am Beet Sugar. 1.100 .3 72
ArSefJcan Can.. 2,70 36 36'.
Am Car ft Fdy.. 300 50 69 3S
ArS Cotton Oil- 400 53 53 j2H
inlfcef-SOO M 6S
Am Linseed Ji2
m Locomotive. 200 4SH 4.1 H il
Am Smel ft Ref 1.800 4 S3 83
do preferred J2P
Am Steel Fdv 35
Am Susar Kef.. 700 128 127. 12j
Am Tel Tel.. 400 14S' 14SH 145
,m fohacco pf. 100 107V 107 17
An"acondaeM Col ' V.000 '4i 'H 41'
Achl. . .... S.200 108?. 106 10
do preterrea . 7 .
Atl Coast Line.. 600 14t 14"V 140
Ba'll Ohio ... S00 loyj 109? W
EWthlclism Steel . 1" ?5H 3o; -
IT I
fiio 92 H
Canadian Fac ..
Central Leather.
do preferred. .
Central of N J..
Chea ft Ohio . . .
Chicago ftAlton
Chi Gt West ..
do preferred..
Chicago ft X W
C. M ft St Paul.
C, C C ft 5 U..
Col Fnel Iron
Col Southern..
Consol Gas
Corn Products ..
Del ft Hudson..
D ft R Grande..
do preferred..
Distillers' Secur
5.4O0
. 00
266H
27
185!
27 ,
400
"ioo
1.100
S.100
1.700
800
TOO
100
200
900
Erie 3.000
do 1st pf .... 800
do 2d pf
General Elec ... 5.700
Gt North Pf .. . . 18.600
600
3in
Too.
ioo
200
300
900
700
500
2,300
300
2.5O0
2,900
300
Gt North Ore
Illinois Central.
Interbor Met ...
do preferred. .
Inter Harvester.
Inter Marine pf
Int Psper
Int Pump
Iowa Central . . .
K C Southern..
do preferred..
Laclede Gas ...
Louis ft Nash..
Minn ft St L
M. S P ft S S M
Mo, Kan ft Tex
do preferred..
Mo Pacific
Nat Biscuit ...
National Lead ..
N Ry Mex 1 pf
N T Central . . .
N Y. Ont ft Wei
Norfolk ft West
North American
Northern Pac ..
Pacific Mail
Pennsylvania ... 600
People's Gas
P. C C ft St L.. 200
Pittsburg Coal. . 100
Ry Steel Sprlntr. 100
Heading
Republic tteel ..
do preferred..
Rock Island Co.
do preferred..
S L ft S F 2 pf
St L Southwest..
do preferred..
S'.ose Sheffield ..
Southern Pac ..
Southern Ry ...
do preferred..
Tenn Copper . ..
Texas ft Pacific.
Tol. St L ft Wes
do preferred
81
'if"
140
104
144 H
14
168 U.
19
35
32
36
53
184
141
43
132
20.
68
120
16
15
265
261,
'.to
. . . 3P5
S0i' . 80H
158
1!
148
27
17
1394
103
144 .
14
.167!
19
35
32
3i
03
1814
139 H
43
131
20
.18
120
16
14
24
167
19
147
27
36
134
59
36
129
56
600 116 116
300
800
16.700
33.000
300
6"0
200
2ft0
20O
200
200
1.700
900
100
300
400
inn
200
117
83
124
116
81
123
41,600 70 70
2.000
200
1,300
'"ioo
300
62
49
4
'si'"
80
S2
ies"
31
20
'23i
53
Union Pacific . . 21.400
do preferred.. 100
V S Realty 300
U s rtuooer ..
TJ S Stft ....
do preietren
Utah Copper ... 400
Va-Caro' Chem.. 20
Wabath 200
do preferred
Western Md ... 500
Westing Elec ,. 6,000
Western Union.. 200
Wheel ft L E
Lehigh
Chlno Copper . .
Ray Consols . . .
Am Tobacco ...
Seaboard Airline
do preferred..
. Total sales for the day, 24;
BONOS.
Furnished by. Overbeck &
Portland. '
Amer Tel & Tel conv 4s....:
American Tobacco 4s
American Tobacco 6s
Atchison general 4s
Atchison conv 4s
Atchison adj 4s stamped....
Atchison conv 5s
At Coast Line cons 4s. ..... .
At Coast Line "L ft N coll"
Baltimore ft Ohio 3s
Baltimore ft Ohio 4s
Brooklyn Rapid Transit 4s..
Can Southern first 6s
Chesapeake ft Ohio 48....
C B ft Q sen mtg 4s
C B ft Q Joint 4s
C B ft Q Ills 4s. .
C B & Q Denver 4s
Central Pacific fisrt 4s
Chlcaao ft East Ills 4s
Chicago R I ft P ref 4s
Chicago R I ft P Col trust 4s.
Colorado & Southern first 4s.
Denver ft Rio Grar.de 4s
Delaware & Hudson conv 4s..
Erla first cons P L 4s
Int Met 4s
Japanese 4s
Japanese first 4s
Japanese second 4s
Louisville & Nashville unl 4s.
Mo Kan & Tex 4s
Missouri Pacific 4s
New York Central 3s
New York City 4s.
New York City 4s of 1957..
Norfolk ft Western conv 4s..
N Y Ont 4 W 4s
Northern Pacifio P L 4s
Northern pacific 3s
Oregon Short Line 4s
Oregon Railway ft Nav 4s. . .
Penna Ry 4s of 1948
123 123
107
20
36
164
'84
48 Vs
34
32
73
55
110
28
77
42
21
13
31
16S
90
S2
107
20
36
165
'84
25
. 48
34
32
73
55
110
29
77
43
21
13 T.
32
169
90
82
61
49
4
"50' '
79
82
167
31
20
'23
68
23
17
S3
139
103
59
SO
- 40
144
1
167
18
35
32
35
52
43
192
140
43
132
20
58
120
18
15
26
18
24
56
106
158
19
147
2T
-60
36
132
5S
30
115
32
116
82
123
31
123
116
106
20
35
14
26
e4
24
48
34
32
73
64
109
2J
7
42
21
13
31
169
00
S3
52
70
112
61
4!
4
13
58
80
82
167
31
20
300
23
,200 shares.
Cooke Co., of
Reading general 4s.
Republic of Cuba os
Southern Pacific first ref 4s.
Southern Pacific col 4s
Southern Railway 4s
St L ft S F ref 4s
Union Pacific first 4s
Union pacific ref 4s
United States Steel S F 5s....
United States 2s registered....
United States 2s coupon
United States 3s registered...
United States 3s coupon
United States 4a registered...
United States 4s ooupon......
United Railway S F 4
United Railway St L 4s
Wabash first 4s
Western Union 4s
We.itlnghouse conv 5s
Western Pacific 5s
Wisconsin Central 4s
West Shore 4b
Bid.
..114
.. WO
. .121
... 97
..IOS
. 89
..107
.. 94
s. 94
.. 91
.. 97
.. 92
..100
.. (
.. 95
.. 96
.. 9!l
.. 95
.. 94
.. 78
.. 88
.. ex
. . 95
.. 85
. 98
. 89
. 82
. 84
. 91
. 90
- 9SH
. 87
. 71
. 87
. 93
.106
.' ii "
. 98
. 6S
. -93
. 94
.102
. 97
.103
. 94
. 90
. 78
. 7S
.100
. 76
.102 ,
.100
.100
.102
.102
.113
.113
'. 7K
. 68
. 97
. 94
. S3
. 91
. 99.
Asked.
115
97Z
108
90
107
95
94
91
97
92
IOO"
9.1
90
99
95
95
88
68
95
86
98
89
82
87
9Z
91
98
S8
78
87
94
10
116
93
98
69
94
94
104
07
104
94
90
78
79
100
77
102
101
101
102
102
114
114
66
68
98
95
83
92
100
Stock, at Boston.
BOSTON. July 26. Closing quotations:-
Allouez 46 iMohawk 67
Amalg Copper.. 82 Nevada Con 20
A Z L ft Sm... 31Nlpissing Mines. 7
Arizona Com .. 6North Butte 30
B ft C C ft Sm. 7:North Lake 5
Cal & Arizona.. 75 Old Dominion... 56
Cal 4 Hecla 521 (Osceola 117
Centennial 2:)'Qulncy 90
Cop Ran Con Co 57 'Shannon ....... 17
E Butte Cop M. 13Superlor 48
Franklin 11 Pup ft Boa Mln.. 1
Giroux Con 4 Tamarack 41
Granby Con ... 54 U S S R ft M... 45
Greene Cananea. 10 do preferred... 49
I Royalle (Cop) 35'Utah Con ...... 13
Kerr Lake 36ViUtah Copper Co. 61
Lake Copper 36Winona 6
La Salle Copper 6 Wolverlne lOi
Money, Exchange, Etc -
NEW YORK. July 26. Money on call,
steadv, 2ft2 per cent; ruling rate. 2
par cent: closing bid, 2 per cent; offered
at 2 per cent.
Time loans, easy: 60 days, 393 per
cent; 90 days, 3S3 per cent; aix months,
4'4 per cent.
Prime mercantile paper. ,4 per cent.
Sterling exchange steady, with actual busi
ness In bankers' bills at 4.85 for 60-day
bills and at $4.8770 for demand. "
Commercial bills. $4.84.
Bar silver, 60e
Mexican dollars. 48c.
Government sands, steady; railroad bond.,
easy.
LONDON. July 26. Bar sliver steady.
27d per ounce. Money. 202 per ceru
The rate of discount in the open market for
short bills is 3 per cent; for three months'
bills, 81-18 per c.n
SAN FRANCISCO. July 26. Sterling oa
London Sixty days. $4.85; do, sight, $4.88
Silver bars, 60 c
Mexican dollars, nominal.
Drafts, sight 2c telegraph 5c.
Condition of the Treasury.
WASHINGTON, July 26. At the begin
ning of business today the condition of the
United States Treasury was:
Working balance In Treasury of- .,.
flees 94.054.141
In banks and Philippine Treasury 35.635.339
Total of the general fund 159.S24.52-!
Receipts yesterday 2.607.571
Disbursements yesterday 2 242.359
Deficit to date this fiscal year. $3.7 1 8,235,
as against a deficit of $17,859,389 at this
time last year.
These figures exclude Panama Canal and
public debt 'transactions.
Metal Market.
NEW YORK, July 26. Copper. quiet
Standard, spot. 17 17.50c; July. August,
September and October, 17.27 17.50c ;
electrolytic and lake, 17e: casting, 179
17c
Tin. strong. Spot and July. 44.254T44.75c;
August, 44.12 6 44.75c; September, 43.95
44.33c.
Lead, quiet. 4.60 4.75c.
Spelter, firm. 7.16 g 7.30c.
Antimony, quiet. Cookson's, 8.23c
Iron, quiet, unchanged.
Arrivals of copper today, 55 tons; exports
this month. 23.600 tons. London, copper
steady; snot, 78 12s 6d; futures. 78 15s.
London tin strong: spot. 202 10s: futures.
200. London lead. 18 12s 6d. London
spelter. 26 5s. Iron, Cleveland warrants,
07a 10d In London.
Naval Stores.
SAVANNAH. July 26. Turpentine firm.
iiLi... uIh 435: receipts. 692: shipments.
6T.1: stocks, 31.900. , .
Kosin nrm: saiea. --"" icvcv.. -"24,
shipments. 1500; stocks 10T,o00. Quote: B.
$6 25fl8.S5: I. $6.0A.6a: E. $6.70P6.75:
F $6.85- G. H. I. 6.85'S6.90: K. $6,856
103; M. $6.90 A 7.20: N. $7.277.30; WG.
$7.55; WW, $7.70;
London Wool Sales.
LONDON. July 26. Offerings at the wool
auction sales today amounted to 8900 bales.
The selection waa In good condition and
competition was spirited at steady prices.
Americans bought cross-breds and the con
tinent secured most of the merinos brought
i"-ird. :
BUYING FOR EXPORT
Foreign Demand for Wheat
Lifts Prices at Chicago. :
FORTY BOAT LOADS TAKEN
Bulls Are Also Aided by Black Rust
Reports From the . Caandtan
NorthwestSeptember Gains'
Over a Cent.
CHICAGO, July 26. Export sales of 40
boatloads helped today to, give the wheat
market a hoist. Higher Liverpool cable,
brought about a strong start, traders gen
erally recognising there was a lively chance
of export business. Reports of heavy rains
delaying harvest in Russia were given more
attention than would usually have been the
case. The market, however, developed a
tendency at times to esse back, owing
to further favorable advices regarding the
Spring crop outlook.
Sentiment In favor of the bull side did not
gain full possession of the pit until the last
hour. The reason was that, aimuttaneous
with the export buying, the wires were hot
with dispatches telling of black rust In the
Canadian Northwest.
Rains in Kansas and Nebraska discour
aged speculative holders) of corn. The bulge
in wheat resulted, temporarily. In a firmer
tone.
Weather that favored bringing In new
oats for immediate delivery had a depress
ing effect on quotatlona, especially the July
option. -
Provisions advanced with hogs and be
cause of the lighter run at Western pack
ing centers.
Leading futures ranged as follows:
WHEAT. ;
July
Sept.
Dec.
May
July
Sept.
Dec.
May
July
Sept.
Dec.
May
Sept.
Oct.
July
Sept. .
Oct. . .
Jan. . .
Open. High. Low.
I .6 $ .97 $ .96
.03 .94 .92
.95 .96 .93
.99 1.00 .99
CORN.
.72 .72 .71
.65 .86 .65
.5tl .56 .55
.57 .57 .57
OATS.
.50 .50 .46
.83 .33 .32
.34 .34 .84
.36 .37 .36
Close.
I .96
.93
96
1.01)
.71
.65
.58
.57
.46
.33
.84
.36
PORK.
..18.02 18.22. .38.02 18.20
18.07
.. ..18.40
18.25
18.50
LARD.
18.07 18.25
18.35 18.50
...10.72 10.75 10.65 10.75
...10.82 10.S2 10.72 10.82
...10.85 10.35 10.23 10.32
SHORT R1B3.
Sept 10.60 10.65 10.53 10.62
Oct. 10.55 10.57 10.50 10.57
Jan 9.65 ' 9 65 9.35 9.62
Cash quotatlona wera a follow.:
Flour Steady.
Rye No. 2. 74c
Barley Feed or mixing, new, EO60c;
fair to choice malting, new, 6076e.
Timothy seed SS.507.O0.
Clover seed $10.00(616.00.
Mess pork $17.77 3 18.00.
Lard (In tierces). $10.62.
- Short .ribs (Loose). S10.55.
Total clearance, of wheat and flour were
equal to 139.000 bushels. Exports for the
week, as shown by Bradstreet's. were equal
to 2.057.0OO bushels. Primary receipts were
1,322.000 bushels, compared with l.aus.uuu
bushels the corresponding day a year ago.
Estimated receipts for tomorrow: Wheat,
346 cara; corn, 146 cara; oats, 107 cars;
hogs, 8000 beadj :
Grain at San Francisco.
SAN FRANCISCO. July 26. Wheat Spot
quotations: Walla Walla. $1.55 1.57 per
cental: red Russian. $1.57 & 1.60; Turkey
red. $1.7001.76; bluestem. 1.501.65 per
cental.
Barley Feed, 1.251.27 per cental.
Oats White, $1.8091.85 per cental.
Bran $27.60S2S.CO ton.
Middlings $36.0037.OO per ton.
fihorts $32.0O32.60 per ton.
Call board saleJ.-
Wheat Deccmoe.-. $1.47 per cental bid,
$1.48 asked.
Barley D.cembor, $1.27 per cental; May,
$1.32. .;
European Grain Markets.
LONDON, July 26. Cargoes, quiet: Walla
Walla. September-October shipment, 37s 9d.
English .country markets quiet. French
country marketa, quiet.
' LIVERPOOL. July 26. Close: Wheat, July
7s ftd; October 7. 8d;-Xiecember, 7. ld.
Weather, clear.
.Washington Grain Crop Large.
SEATTLE. July 26. Washington's 1912
wheat crop will total about 38.000.000 bush
els. 4,060.000 bushels more than last year,
according to the estimate made by C J.
Hoist, chief grain inspector of the Public
Service Commission. Figures obtained from
all parts ot the state indicate a crop o!
8.500.000 bushels of oats and 5.000.000 bush
els of barley. Newspaper reports from the
fruit districts Indicate large yieias 01 au
kinds of fruit.
Minneapolis Grain Market.
MINNEAPOLIS, July 26. Close: Wheat,
July, $1.05; September, 95c; December,
95c; May, 99c.
Cash: No. 1 hard, $1.06: No. 1 Northern
$1.0501.05; No. 2 Northern, $1.03 a L03 ;
No. 3 wheat, $1.0101-01.
Flax $1.96.
Barley 4695c.
Corn No. 2 yellow, 76U76c
Oats No. 3 white, 4647c
Rye No. 2, TO 71c
Pnget Sound Wheat Markets.
TACOMA, July 26. Spot wheat: Blre
atem, 95c; club, 91c; September, bluestem,
85c; club. 81c Receipts, wheat 4 cars, corn
2 cara,
SEATTLE, July 26. Wheat New crop,
bluestem. 83c; club, Fife and forty-fold, 80c,
red Russian. 78c. Yesterday's car receipts,
wheat 24, hay 21, barley 2, flour 2, corn 1.
WOOL 18 LESS ACTIVE AT BOSTON
Sale. Are Smaller, but Firmer Price. Are
Maintained.
BOSTON, July 26. The Commercial Bui
lutln will aav tomorrow:
The Boston wool market has passed
throueh another quiet. Inactive weeK. Trans
actions have not been so large and the
total volume of wool held is somewhat less
than a week ago. largely accounted for by
the absence of the large buyers, who oper
ated heavily laat week. Despite a smbou?
1ms demand, orlces are well maintained.
and on all sales the full range of a week
ago ha. been received. A. laat week, irau
Ing In territory wool has been confined
largely to original bags, on which prices
are firm.
At London prices are generally firm, al
though some evidence of weakness was ap
parent the first; of the week. American
buyer, have continued to operate well on
the better gr.de. of cross-breds. .
Cottee and Sngar.
NEW YORK, - July 26. Coffee futures
cloeed steady within three or four points of
the best at a net gain of from 7 to 13
points. July. 13.10c; August, 13.12c: Sep
tember, 13.22c; October, 13.29c; November,
13.34c: December, 13.40c; January, 13.43c;
February. 13.41c; March, 13.53c; April.
13.65e; May and June, 13.57c
Spot quiet. Rio 7s, 1414c. Santos
4s. 16c; mild quiet. Cordova, 1618c;
nominal. .
Raw sugar steady; Muscovado. 89 test,
3.55c; centrifugal. 96 test. 4.05c; molasses.
89 test, 3.30c; refined steady.
Chicago Produce Market.
CHICAGO. July 26. Butter Steady;
creameries. 28 9 25c; dairies. 21 '5.24c.
Eggs Steady: receipts. 9455 : at mark,
cases Included. 1516c; ordinary firsts.
16 c; firsts. 18c.
Cheese Steady; daisies. 15 BIS; twins,
14 3 15c: young Americas. 15tf lSc;
long horns, 15 g!5c
Dried Fruit at New York.
NEW YORK. July 26. Evaporated ap
ple Quiet. Fancy. 910c; choice, 89
9c:'prlm. -Tj;7c
PrGnes Quiet, .te.dy. Callfornias up to
30-40s. 369e: Oregons. 69c
Peaches-lnactlve. Choice. 6fec: ex
tra choice. 767jfancy17l9c.
v Duluth Fimx Market.
DULUTH. July 26. Linseed on track and
to arrive $1.90: In store. uJly, 1.90 asked;
September, $1.90 bid; October. $L8L
New York Cotton. Market.
KEW YORK. July IS. Spot cotton closed
very steady. Middling uplands. 13c: do.
enlf 1", 'V,- .!e. 12" h-l-. Future closed
THE UNITED STATES
NATIONAL BANK
PORTLAND. OREGON
UNITED STATES DEPOSITORY
Capital ..... $1,000,000
Surplus and Profits $1,000,000
OFFICERS
J. C. ArVSWORTIT. Preeldent. It. W. SCHMEER. Ca.hler.
R. LEA BARJfES, Vlce-Prealdent
A. M. WRIGHT. Aaalatant Cahler. W. A. HOLT. Asaiatant Caakler.
LETTERS OF CREDIT AND TRAVELERS'
CHECKS ISSUED NEGOTIABLE EVERYWHERE
DRAFTS DRAWN on ALL FOREIGN COUNTRIES
LUMBERMENS
National Bank
DIRECTORS.
GEORGE G. BINGHAM
P. S. BRl'MBV
E. G. CRAWFORD
JOHN A. KEATING
, . DR. K. A. J. MACKENZIE
ROBERT TREAT PLATT
CHAS. F. RT-?SELL
J. E. WHEELER
. G. K. WFA'TWORTH
- LLOYD J. WENTWORTH
ADOLPHE WOLFE
Capital - - SI, 000,000
LADD & TILTON BANK
Established 1859.
Capital Stock $1,000,000.00
Burplus and Undivided Profits 800,000.00
Commercial and Savings Accounts
Letters of eredit, drafts and traveler checks issued, avail
able in all parts of the orid.
OFFICERS
W. M. Ladd, IVeatdent- Robert S. Howard, Aaat. Cable
Edward Cookingbam. VteeFr. J. W. La (Id. Aast. Cashier.
W. II. Doncklel, Caahier. Mklter M. Cak. At. CaaUelw
First National Bank
Capital $1,500,000
Surplus 900,000
Oldest National Bank West of the
Rocky Mountains
The Canadian Bank of Commerce
INCORPORATED 1S6T.
Head Office Toronto, Canada. w York 18 Exchange Place.
Komi on 2 Lombard Street.
nvr two hundred other branches in the United States and Canada
irvfrv rare taken of collections Drafts on all foreign countries and
princYpaf citils in United states and Canada bought and sold, and a gen
eral banking business transacted.
Interest allowed on Time and? Special Deposit..
PORTLAND BRANCH, SECOND AND STARK STREETS
F. C. MALPAS, Manager.
steady j to T points hlnher. July, 12.51c:
Vueust. 12.52c; September. 12.80c; October,
: i in- number. 12.74c:
January. 12.7U; ' February. 12.73c; March,
12.92C1 May. 1-. CT'C. .
Hons at New York.
KEW TORK. July 26 Hops easy; Pa
cific Coast, mil. 27 31c.
Chehalis Man Out for Senator.
.TT-dTAT.TC! TT7nh JlllV 26. (SDe-
ciai.) a. E. Judd, a well-known Che
halis real estate and insurance man,
has announced his candidacy for State
Senator for Lewis uouniy on me jjem-
,i ,ii,t Mr .Tiwld is the only
ouraui. , ....... - -
Democrat to file thus far for a Legis
lative position. He is president of the
Citizens' Club of this city and one of
the active factors in the development
of the county. T. J. Long, a well-
known farmer, wnose rarm u
J.C.WILSON&CO.
STOCKS, BOXDS. GRAIN ASD COTTOS
MEMBEKs
NEW YORK STOCK EXCHANGE,
NEW YORK COTTON EXCHANGE,
CHICAGO BOARD OK TRADE.
THE STOCK AND BOND EXCHANGE,
SAN FRANCISCO.
' PORTLAND OrFICE :
Main Floor Lumbermens Bank Bldg.
Fifth and stars.
Phones Marshall 4120. A 4187.
Ceres, has announced his candidacy
for County Commissioner from thu Sec
ond District on the Democratic ticket.
Mr. LOTfg has previously served in this
capacity.
India's (tOTernment estimates the cost of
building Delhi at S20.000.000 Other esti
mates reach t50.000.O00, and even .0,
Why do auto
mobilists pre
fer bitulithic
pavement?
Because they
never find any
chuck holes in
it.