Morning Oregonian. (Portland, Or.) 1861-1937, July 31, 1912, Page 17, Image 17

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    THE MORNING OREGONIAN. WEDNESDAY. JULY 31, 1912.
17
1
T CLEAN HOPS
Ea.tern Brewers Protest
Against Careless Picking.
SEVERAL STEPS PROPOSED
31 ay Appeal to the Legislatures of the
Western States or the Pur Food
Authorities at Washington In
terests of Growers at Stake.
Eastern brewors and bop dealers are aaii
Citmtinc the question of cleaner picking
of Ore r on and Washington hops. This
a matter of vttmj importance to them and
to the Oregon growers as well, aa the qual
ity of hops has everything to do with the
price.
There Is said to be a move on foot anions;
the brewers and dealers In the East to
brinjr the matter In some way before th
Legislatures of Oregon and Washington. The
consumers assert that If the farmers sell
them hops they should be strictly bops and
not leaves and stems, as are found in
large part of the hops shipped from the
Pacific Coast.
It Is farther declared by the Eastern deal
ers and brewers that If they can get no re
dress from the Western Legislatures they
win take the matter before the pure food
authorities at Washington.
There should be no need for this pro
cedure, so far as Oregon hops are concerned.
Many of the growers In this state invariably
have their hops picked clean and all of
them no doubt would do so If they realised
that cleanly picked hops meant more money
In their pockets.
In summarising conditions in the hop
trade and estimating the Oregon crop
100.000 bales and the Washington crop
20.000 baiea. the Semiannual Trade Review,
issued by the Portland office of R. G. Dun
eV Co.. says:
August Is the month which has the most
effect in determining the volume of the
crop, and the harvest weather of Peptem
her ta of first Importance in reference U
quality. The late rains of June were es
pecially favorable to vtne growth and the
Barm days of early July have prevented
jama its from lice.
Hi nee the first of the year there has
been a downward trend of prices. In De
cember the brewers were panicky and
sought freely regard leas of prices, but hav
ing replenished their stocks, and with the
prospect of a sufficient supply, they with
Irew from the market and late holders
found It difficult to unload. The best fea
ture in the outlook is the tremendous clear
ing of old stocks snd the heavy drafts made
)y brewers on reserve supplies, caused by
:ne tear ox a shortage. Stocks in dealers
lands since 1A1 are reported cleaned up.
Contract prices for ID 12 crop opened at
!7 cents, but of late nothing better than
! rents has bnen offered, with one large
ll at 1? cents. If present indications are
xrne out. the prospect is for a price or
rm lo cents to 21 cents, but It Is claimed
:h:s is base J on the most optimistic esti
mates, and since any change must be ad
verse and tend to a shorter crop, a price of
'. cents Is reasonably expected, with a pos
nbility of even hiRher figures prevailing
Reports from England and the Continent
lave been continuously favorable to a good
rrnp. With the opening of July, however,
utle advices from Kngland bring rumors
f white mould attackinc the vines. One
f the largest English dealers has within
;he last year Joined the ranks of Oregon
rowers. The European growers generally
re reported active in contracting for future
17
7
17
212
50
4H
7
8
110
ltiti
COrXTRT GRAIN MARKETS ARE QUIET
Buyers Are Holding Back Awaiting Develop
mentsPrices Unchanged.
The country grain markets were less
active yesterday. A few wheat transactions
were reported at last week's prices, but
tuyers, on the whole, were disposed to wait
in til market conditions become more set
:led. Oats and barley wece unchanged.
Local receipts, in cars, were reported by
:he Merchants' Exchange as follows:
Wheat Barley Flour Oats Hay
Monday '21 2 8 4
Tuesday 14
Year ago 4
seuaon to date. . 2rtt
Year ago. 137
Foreign crop conditions are summarised
by the Liverpool Corn Trade News as fol
lows: United Kingdom. The weather has been
wet. but has now turned fair and warm
and no complaints are heard.
France, Threshing has commenced, with
the weather favorable, but the yield is vari
able and below expectations. The extreme
high prices prevailing here for foodstuffs
U causing continued renewed talk of the
advisability of reducing the import duty.
Germany. There has been a neavy fall
of rain, which Is unfavorable; otherwise the
outlook for wheat is good and for rye ex
c-llertt. There is an Improved -demand for
foreign wheat, owing
native holders.
Hungary. The quality Is very variable
and harvesting Is below expectations,
tive offers are light.
Koumanta. Wheat is yielding below ex
pectations and the quality is lower. iargi
aii-ivMia for shipment are expected. Th
weather has been unfavorable for corn, and
there are many complaints of a reduced
yield.
Bulgaria. The outlook for wheat is about
equal to last year.
La.t rrar.
Russia. In the south the weather and
craps are satisfactory. Southwest deteriora
tit.n. South center and center partly fa
m ruble. Volga and north west moderate
Krflitlll.
Italy. An official report places the crop
20.0w.00U busneis unuer iai year.
mrm vrv hlsh.
Australia. Ralna have been favorable,
and it is hoped that the acreage will fully
equal last year.
75c G $1.5 j per box; peaches, BO 80c per
dox ; currants, si.au per dox ; piun.
50ceil.2r per box; pears, $1.5061.73 per
box; apricots, 50c j $1 per box; grapes, $2.25
per crate.
BKKHIES "Raspberries. $1.50 per crate:
loganberries, $ i.5i per crate ; blackberries.
flrl.35 per crate. X
ThOPICAL FRCTT8 Oranges, Valencia.
2.5oe4; California grapefruit. $4.50;
lemons, $SL per box; pineapples, Co per
Doitnd.
MELON'S Cantaloupes, $2.2562.50 per
crate; watermelons, lc per pouno.
O.VIONS California red. $1 par Back;
yellow. $1.25 per sack.
POTATOKS-'-Jobblng prices: Barbanks.
new P0c$l per hundred.
SACK VEGETABLES Carrots. $1.50 per
sack; turnips, $1.23 per sack; beets, $1.50
per sack.
VEGETABLES Artichokes. 65 9 75c per
dozen ; beans. 2c ; cabbage, 1 & 1 He per
pound: cauliflower, $!OL25 per dozen; cel
ery. 83c 4? $ 1 per doxen ; corn. 1 5 & 25c per
dozen: cucumbers. 5oc per box; eggplant.
lfl12Hc per pound; head lettuce, 20&25c
per dozen; peas. 8$ 9c per pound: peppers.
$ tr 10c per pound ; radishes, 15 20c per
dozen; rhubarb. 2 ic per pound : spinach,
4 i 5c per pound - tomatoes. 73c 6 $1-00 per
box; garlic, 8 10c per pound.
Dairy and Ceontry Produce.
BOGS Csse count. SSc; candled. tSo;
tras. 27 ff lSc per dozen.
BUTTER Oregon creamery butter, cubes.
30c per pound; prints, 81 c per pound.
CHEESE Triplets and daisies, 17HC per
pound ; young Americas, lt Vzc per pound.
PORK Fancy. lOfellc per pound.
VEAL Fancy. 13U14c per pound.
POl'LTRY Hens, V u. l Ac : broilers 15
tr 14c: ducks, vounir. 104i 12c: aeese. 10ij
lie; turkeys, live. IS 20c: dressed. 2425c
Staple Groceries.
SALMON Columbia River. one-pound
tans. $2.25 per daawn: eight-pound tatia
$2.95- ons-pound Claim. $2.40: Alaska pink.
one-pouna tails. siJtf.
-KJttst: Koaxted. in druma. zvuc
per pound.
NUTS Wain nts. Iff 4? IftUe nee Bound
Brazil nuts. l2Vc: filberts. 14915c; a!
moods. 17 Slo: peanuts. 5 I4c; cocoanuts.
90c t$l per doxo ; ch es t nu ts. 1 2 H c per
pouna: nickorv du fliSlUc ner oound.
HOSET Choice, $3.73 per case; strained
noney, lOe ner nound.
SALT Granulated. 113 tier ton: half.
ground. 100s $7.50 per ton; 50s. $S per ton
"&.4.p email wane. a.uc; large wnue.
5 20e- Lima. fiUc: nink. 4.15c: Mexicans.
tc; oayou. 444c.
RICE No. 1 J An An a ; rheaoer cradea
ponc; sontnen. head, laic
f-UGA R Drv rranniat. 41 OS- fralf and
Derry. Hnnnluln n:ntatlnn SJ.M)
beet, $5.75; extra C. $5.45; powdered, bar-
cuDes. oarreia. so.B.
DRIED FRUITS ADDles. 10c oer oound
spricuts, 12il4c: peaches. Stollc; prunes,
Italians. 86 lor; aflvsar firs whtte and
black. 04v7c; currants. OVfrc; ratsins, loose
uBciei, irfcc; Dieacnea inompson.
i'c, unnieacned Kultanaa. c: seeded. 7vi
Tittle: Oatea. Persian M ti,- nor nound: Fsra
fi-w per vox. .
LATE STOCK RALLY
Closing Quotations Are the
Best of the Session.
TRADE DULL MOST OF DAY
Hon., Wool and Hides.
HOPS .1112 MntnM. 19AM.- 1,11 mbs
iiOHAIR Choice Sic pr pound.
wool. Ea.tern Ortmn 140 1ft U a Mr
pouno aceorain( to anrlnkac; v:i). Zlif
oc per pouno.
i-elts-Dry. lSc; foil wool batch.r p.lt
-ov 1-13; n.arlng 10O3(fC
HIDES Salted hldea U-he oer oound
alted calf. 2uc; aalted kip. 119 12o; crean
nioea. lie; an cair. Ko. l. 2Ao: No. z. 2c
drr hldtia. 19tf20c; salted ataia, 7fcU8c;
(rrca stasa, itiVIa
i.amjaka far sound. IBKo: car.ota
GRAIN Bags Soot. In oar lota 11 Ue:
..i. u.aa. 05c
Unaeed OU and Tmrpentlna.
LINSEED OIL Baw. barrela SSo: ollad.
barrcla, 90o; raw. caaea. 8a; boiled, caaaa
TURPENTINE Casra 98e; barrela, MttC
QUALITY SELLS AT TOP
PILL PRICES PAID FOR
CATTLE AND HOGS.
BEST
Choice Steers Are Taken at $6.90
and $7 N'o Sheep on the Market.
Day's Ran Is Small.
COOD PEACHES IN STRONG DEMAND
Aitlve Market for Cantaloupe, Wbea Quail t)
I Rlfht.
Pachea were the active feature of the
fruit market yeaterday and good atock waa
firm. A atralsht car arrived from tbe aouth
and another la due today. Thie market la
now taking- care of 12.000 to 15.000 boxea of
r-.llfomla Deachee every week. A car of
Carmen peachea from North Taklma la due
Tr uraday.
There waa a good demand for good can
taoupea Turlock ehipmenta are now com
i., r..ul.rlr and aeU 11- Melona alao
move freely.
A car of California malaga grapea waa
revived and put on aale at $2.25 a crate.
Other frulta were unchanged.
PoulUT Market la Firmer.
The poultry market la gradually becom
ing firmer. The demand ror nena ia ee-
D-i.lly active and tha beat coopa aell
l;t renta Spring move fairly well at 13
14:. Dreased meat recefpta are very email.
The egg market waa alow and unchanged.
Lical arrival! have fallen off. aa outalde
nolnta are buying mora liberally In the
valley.
Butter and che.ee were firm at laat prlcea
Bank Clearing-.
Bank lcaringa of the Northwestern citlea
yesterday were aa luiiu.e.
Clearance. Balance.
Portland l.31.s:i 155.SIO
Seattle i..4
ijk,o. Su2.iS5 ?a.i
rOUTLAND MARKETS.
- Grain. Flomr. Feed. Etc
' WHEAT Track prlcea new: Club. 7S
79:; blu.-jtem. b2b3c; old wheat, nominal.
FLOUR Fatetia. 5.10 per toaxr.::
nia:ghta. J4.TU. expurta. t 10: Valley. 15-ia
BAKLiV N.w. brewing. $23: feed, (it
er ton.
HAY Timothy. tl U. alfalfa, til C 11;
rlover. S10; oata and ..tea. tl; gram bay.
MILL5TITFFS Bran. 323.30 per t.n:
thoria. $2S.TU; miui:ings. 32.
COHN Whole. craca.d. $40 per Ion.
OATS New. tza.lS17: old. t per ton.
Vecetablea sad Frmlta.
FRESH FRCIT Cherrlea SfflOc per
' ptund. arples. old. l.jO(l per box; new.
There naa only a moderate aupply of cat
tle and hosx offered at the stockyards yes
terday and everything on sale was disposed
of by noon. Both lines were firm.
I load of choice ateers waa sold at $?
nd another load at 16.90. Other ateers
brought 10.25 and $6.50. A few cows and
bulls were sold at the usual prlcea
For choice light hogs, buyers paid JS.50
and for heavy $7.50.
Receipts yesterday were 153 cattle. 131
hogs and 15 horsea. Shippers were: John
Shaw. Echo, 1 car of cattle; T. Hughes,
Heppner, 1 ear of cattle: A. M. Connolly,
Condon, 1 car of cattle; A. R. Ford Mlsch-
ler. 1 car of hogs; F. B. Decker, Gervals, 1
car of hogs, and Hugh Cummlngs, Corvalis,
3 cars of cattle.
The day's sales were as follows:
Weight. Price.
1104 $7.00
112 8.5A
10K3 6.50
1219 o.9o
.................. 5!)5 4.UM
1D.-.8 0i
.lu:i A.IMi
80 6.25
8xt 6.25
12110 5.75
10110 4.50
12211 5.75
1050 4.00
1 ."."') 4.25
lO0 4.0O
251 8.50
355 7 AO
zo nogs H6 8.50
The range of prices at the yards was as
follows:
Choice steers $6. 75 $7.00
Good steers 6.00 j) 6.50
Medium steers ................. 5.75tf 6.00
Choice cows 5.75$ 6.25
Good cows 5.5043 5.75
Me'ilum cows 5.00 5.50
Choice calves 7.00 8.25
Good heavy calves 6.00tf 6.30
Bulls - 3.50 ji) 5.10
Stags - 4.73 9 6.00
Hogs
Light 7.75 8 50
Heavy 6.25 7.50
Sheep
Yearlings 3.00A 4.25
Wethers 3.00;. 4.35
Ewes 3.00 3.53
Lamba 4.00 5.30
Operators Awaiting .Publication of
Steel Corporation's Quarterly Re
port, Which Is in Line, With Er- ,
pectations.Time Loans Firm.
NEW YORK. July r.0. Trading in stocks
today fell to the point when; it ceased to
possess even passing importance. For the
nrsl four hours the dealings were less -than
110.000 shares, of which almost half was
done In the first hour. In the late dealings
when prices again hardened to the best ol
the seaalon, business became more anl-mated.
The one reason advanced lay in the fact
that traders and the financial community
were awaiting the publication of the United
stales Hteel earnings for the secona quar
ter. This report waa not available until
after the market closed, ' so the professional
eVment deemed It wise to make no new
ven Lures.
In the local money market there was
further stiffening of rates for the longer
periods, the fact coinciding with the out
lock for tighter money In the West. Call
loans were made here at 3 per cent.
The sieel statement showed total earnings
s'lahtiv In excess of $25,000,000, which was
In Iln-t with most favorable forecasts. Net
ircomee. ordinarily known as nei earnings.
amounted to $18,428,294. compared with
$12.103,415 In the preceding quarter. After
paying regular dividends the quarterly sur
plus was reduced to 36.4ti3.
The bond market was unchanged, save for
further weaknesu In Missouri Pacific 4s. To
tal sales, par value, were al.65.00O. United
Mates uovernment bonds were unchanged
on call.
CLOSING STOCK QUOTATIONS.
Closlna
iow. ia.
per cent; closing bid. 2 per 'cent; offered
at 3 per cent.
Time loans, stronc: 60- days. Stt per cent
36 days. $&4 per cent; six months. 44 5
per cent.
Prime mercantile paper closed at 4 per
cent.
Sterlin. exchanre easy, with actual bnsl-
ness In bankers' bills at $4.8400 for 60-day
Dins and at 4.9-to ior aemano.
Commercial bills, $4.84.
Bar silver, 60c
Mexican dollars. 48c
Government bonds, steady; railroad bonds.
easy.
LONDON. July 30. Bar silver easy. 7Hd
per ounce. Money. 2ft per cent. The rate of
discount In the open maruet for snort 0111s
is 2 15-163 per cent; for three months'
bills. 36 3 1-16 per cent.
SAN FRANCISCO. July 30. Sterling
si 1
$4.WS
London Sixty days. $4.84; do.
on
ght.
Sales.
2,700
1O0
2.40O
l.Soo
400
400
2tO
10O
High.
82
SO1.
7"
31
117
38
3.1 H
2t
200
200
'V.760
400
&OI
400
1.500
200
IOO
1.1U0
42(4
S2
126 it
llli
2115
41
108
1112 ft
140
110
200 80 ft
1.300
IOO
' V,50'i
1.40)
100
"166
10O
400
103 ft
13b ft
143"
14
16714
34
32 W
35 ft
22 steers
5 steers
S steers
10 steers
2 steers
12 steers
2 steers
1 steer .
3 steers
2 cows
1 cow . .
5 cows .
1 cow
1 bull ..
1 bull ..
32 hops .
1 nogs
Amal Copper ..
Am Agrlcult ...
Am Beet tsugar.
American Can ..
do nreferred. .
Am Car Fdy..
Am Cotton Oil..
Am Ice Secur..
Am Linseed ...
Am Locomotive.
Am Smel & Ref
do preferred..
Am Sugar Kef..
Am Tel Tel. .
Am Tobacco . . .
Anaconda M Co.
Atchison
do preferred. .
Atl Coast Lin...
Bait AOhio
Bethlehem steel
Brook H Tran
Canadian Pac . . 30.600 260 ft
central l.eatner.
Chea & Cblo . .
Chi Gt West ...
M & St Paul.
Chicago 4 N W
Col Fuel & Iron.
Conaol uas
Corn Products..
Del A Hudson..
D & R Grande..
do preferred..
Distillers' Securl
Erie
do 1st pf
do 2d nf -
Gen Electric ... 1,000 182 ft
t North of ... 2.300 130ft
Gt North Ore .. 200 42ft
ilinota Central. 000 132
nterbor Met . . .
do preferred..
Inter Hurvt-ster..
ntor M-rlne Df.
Int Paper
nt Pump ....
K C Souther ..
Laclede Gas . . .
Lehigh alley. .,
Louis ft Nash . .
M. S P A S S M
Mo. Kan A Tex.
Mo Pacific
Nat Biscuit '. ...
ational Lead ..
N Hr Mex 2 of.
N Y Central . . .
N Y. Ont A Wee
-Norfolk & west
orth American
orthem Pac . .
Pacific Mall
Pennsylvania ...
People's Gas . ..
P. u u &c st L..
Pittsburg Coal .. 100 20
Pressed S Car .. 100 35 ft
Pull Pal Car ... 100 l2ft
Reading 19.SOO 164
Republic IAS. 100 25ft
do preferred
Rock Island Co. 100 24 ft
do preferred.. IOO 48
St b ft 3 P 2 Pf 00 34 ft
Seaboard Airline
do preferred..
Sloss-Sneffleld
Southern Pac ..
81ft
OOft
68ft
35ft
117
37 4
. 53
26 ft
42ft
82 ft
123" '
145ft
2115
41ft
lOSft
lU2ft
14.) ft
110
2U4ft
'soft
ios'ft"
138 ft
Hi' '
13ft
107ft
'sift
32 ft
35ft
100
1,500
100
700
11!4
10ft
182 -130ft
42 ft
131ft
lft
37ft
118.
15
82
60 ft
70 ft
35 ft
llft
37ft
5.1
26 ft
13
42ft
82 ft
101 ft
125ft
143ft
25ft
41
108 ft
102 ft
140
110
34 ft
81 ft
266 ft
20 ft
80 ft
17
103 ft
13Sft
28 ft
143
13ft
l7ft
lOSft
34 ft
81ft
35
52ft
44
181ft
ISi'ft
42ft
131ft
19ft
110ft
15ft
1
Silver bars. 60c: Mexican dollars, nominal,
Drafts, signt, .02; do teiegrapn. .04.
Condition of the Treasury.
WASHINGTON, July 30. At the begin
ning of business today the condition of the
united states Treasury was:
Workine balance in Treasury of- '
fices $ 83,417.672
In banks and Philippine Treas
ury 35.592,712
Total of the general fund 15.2tl,41b
Receipts yesterday were 803,913
Disbursements were 1.32. 181
Deficit to date this fiscal rear Is S2.9S2?.
533. as against a deficit of $13,822,008 at
this time last year.
These figures exclude Panama Canal and
public debt transactions.
SAN FRANCISCO PRODUCE MARKET
Prices Quoted at the Bay City for Vege
tables, Frulta, Etc.
SAX FRANCISCO. July 30. The follow
Ing produce prices were current here today:
Fruit Apples, choice. $1.50; common, $1:
Mexican limes. $5&5.50; California lemons.
cnolce, $0.00; common. x; pinciijiie.
$L50 02.50.
Cheese 1516fte.
Butter Fancy creamery, 29c
Kir its Store. S3C: fancv ranch. 23c.
Vegetables Cucumbers. 15&35c; garlic, I
trsc: green peas, xi.zons; string oeans, iw
2ftc; tomatoes, 25w50c; eggplant, o0g?75c;
onions, 60a70c
potatoes River BurbanKs. 79CV11; wa
gon Burbanks. nominal; Early Rose, nom
inal; sweets, 35c
Hay wheat. J12O 20.50: wheat and oaia
$12i18; alfalfa. $1 lft 13.60.
Receipts - Flour. 4210 Quarter sacks:
wheat. 710 centals: barley. 29.935 centals;
oats, 570 centals: potatoes, 2170 sacks; hay,
143 tons; wool. 73 bales.
HIGHER TENDENCY IN WOOL MARKET.
Demand for Domeatio Grades Continue.
Good at Boston.
BOSTON. July $0. The demand for do-
mestloj wools of all grades continues, with
values showing a higher tendency, especially
in nearby fleeces. Heavy transactions are
renorteH In Montan. and Wvomlna BtaDiC
wool, aa ' well aa in rexaa e ent montns, juiy
while low grades of - Ohio and Michigan Sept.
fleeces sell lloerally. The leading domestic May
quotations range as follows: Dec
Texas Tine, six to client montns. hjcbjc
fine. 12 montns. sogrszc: line Kail. 40&40C.
California Northern,- 5152c; middle
county. 48 50c; Soutnern, 47 to 48c; Fall free,
lovtic
orecon eastern, no. 1 stanie, wmsc
Eaatern clothing, 6o57c; valley No. 1,
bum (2c.
Territory fine staple, star hoc: rine me
dium staDle. 6263c: fine clothing. 6b6i60c
fine medium clothing. 56&57c: half blood
combinir. 60tivG2c: three-eighths blood comb
ing, &860c; quarter blood combing, 54 9
Fulled fine, A. E5?57c; A supers, 325Jc
LOWER BUT FIRM
Wheat Prices Depressed Early
by Free Marketings.
CLOSE THREE-EIGHTHS OFF
Rally in the Last Half of the Day I
Due to Export Buying for Con
tinental Europe Domestic
Demand Also Improves.
rmrAGO Jnlv 30. Free marketing of
new wheat today from Iowa and Nebraska
eased prices down.
Arrivaia of freshly harvested wheat, not
only here, but In other primary points, sur
nrised speculators bv making a total prac-
tlcaily as big as for the corresponding day
a vear no. The absence of any present
movement from Illinois and Indiana proved
of no avail to the bulls, the difference be.
ing fully sunDlted from the huge yields west
snd in Kansas. Fine weather in me Da
kotas and Minnesota was what for the time
being allayed fear as to black rust damage.
Export business and activity tn a domestic
merchandising way helped rally wheal
nrlces a little during the last half of the
day. The exports were lor continental cu
rope where the crop outlooK was reporteu
to have become less favorable.
A little rain in the Southwest ana pre
dictions of more tonight weakened corn.
Values later recovered In Dart.
Congestion in Juiy oats resulted In that
future bulging 2ftc, although the actua
business In the option was not large
Provision trade was small snd prices
swayed in sympathy wltn auotations foi
hogs. At the end of the day most 01 tnt
deliveries showed a modest decline com.
pared with the night before.
Futures ranged as follows:
WHEAT.
July
Sept.
Dec.
May
Open.
$ -98ft
...... -Sift
....... .96ft
1.00 ft
700
300
5.000
100
4O0
60i
2.-IOO
2,600
200
24 ft
100 ft
106 ft
157 ft
147ft
27
36 ft
136 ft
38 Vx
24 ft
KMi
103 ft
157ft
140 ft
20 ft
36
133 ft
38ft-
1.200 117ft 117ft
2,100
1,300
123ft
31
122 ft
30ft
500 116ft 115ft
20 ft
35 ft
l2ft
1G3
25 ft
'24 ft
48
33 ft
23 ft
53 ft
100
500
100
200
2.800
500
IOO
100
8.000
23 ft
53 ft
110
28 ft
77 ft
42
21
108 ft
100 ft
28 ft
77ft
42
21
167 ft
Southern Rv
do preferred.
Tenn Copper . .
Texas A Pac
Union Pacific .
do preferred.
U 3 Realty 7,000 S3 Sift
V 8 Rubber ... 200 32ft 52 ft
U S Steel 24.200 70 69ft
do preferred.. ' 200 112ft 112ft
Utah Copper ... 1.600 61ft 61ft
Va-Caro Chem
Wabash 100 4U 4ft
do preferred.. 600 13 ft IS ft
Western Md 00 58 ft 57ft
Western Union . 100 82ft 82ft
Westing Elec .. 700 80 ft 79 ft
Wheel Li . t
Total sales for the day. 129.000 shares.
BONDS.
by Overbeck ft Cooke Co.
20
24 ft
1U6
166
157ft
140 ft
27ft
30 ft
ISO '4
38ft
30ft
113 f
32
117ft
. 82
123 ft
30 ft
123ft
116
108
20 ft
33
162
103 ft
25 ft
84
24 ft
4
33 ft
23 ft
u
100
28 ft
VOft
41ft
21
l8ft
no
8? -.4
52
63 ft
112ft
blft
49ft
4ft
13ft
57ft
82
70 ft
Furnished
Portland.
Omaha Livestock Market.
SOUTH OMAHA. July 30. Cattle Re
ceipts, 300; market, active, 10c higher. Na
tive steers, 5.1. 1 u r v. 1 : native cows and
heifers. w.jl'W7.2o: western steers. S5W
9.25; Texas steers. $4.506 6.25: range cows
and heifers. $.'6; canners. $2.75134.25
Blockers and feeders. $3.7.Vji6.75; calves,
$41i7.i5; bulls, stags, etc $3.7,i& o.50.
riogs Keceipts. .im marKet. steady.
Heavy. It.jVOi.lw; mixed. $i.o5'q7.3; light.
$7.60$ 7. 1K: pigs. $5tfo.25; bulk of sales.
-dOKl'I.lA.
auteep Receipts. S700; market, steady.
Yearlings. $4.303.25; wethers, $3.75&4.6o:
ewes, ixgii; lamps. &.: '9 t .00.
Chicago Livestock Market.
CHICAGO. July 30. Cattle Receipts.
430u: market steady to shade lower. Beeves.
Bl.75: Texas steers. $4.Sw'6.90: West
ern steers, $j.S0s i.M; Blockers and feed
ers. S4 it 6.80: cows and heifers. $2.7568.10
calves. $.23S9.73.
Hogs Receipts. 16. 000:: marKet. steady to
snaae nixner. Lagni. .i.?M'?e.o; mixea.
rj s. -5 ; neavy, i.idH9.iu; rougn. gi.id
tr7.35: pigs. 54.SOBS: bulk of sales. $7,550
b.v..
Sheep Receipts. 30.OO0; market, slow.
Native. $;;.2t''a.V Western. $3.:t3$4.S3: y;nr-
tngs. $4.2.lr .: iambs, native, S4.23gri.oo;
Western. $4.4oQ7.80.
Metal Markets.
NEW YORK. July 30. Cooper dull. Sep
tember -spot to October 17&17.50; electro-
ytlc. IiftOU.; lake, liftiifllft; casting.
! 17 ft.
Tin easy. Spet and July. 43.05ft45.37u,:
August. 44.87 ft S 45.12ft; September. 44.60tf
45.
Lead quiet, .eu4..3.
Spelter easy. 7.1017.25.
Antimony steady. Cookson'a, 8.30.
Iron quiet and unchanged. "
Arrivals of copper in Ner York today.
143 tons; exports this month. 34.700 tons.
London, easy; spot. 1.7 7s; futures, 77 10a
London tin, easy; spot, 1204 7s rd: futures.
202.
London lead, lis 13s. London spelter. 26
2s J-
Iron. Cleveland warrants. 3bs 7ftd In Lon
don
Dried Fruit at New York.
NEW TORE. July 30. Evaporated apples
quiet and steady; fancy sfttjlOftc; choice
tsc prime inside.
frunes quiet. vamornias. se-.ua. sctvftc
Peaches quiet: choice tftfeiftc: extra
choice 77ftc; fancy 7ftGc
Wool at St. Louis.
ST. LOriS. July So. Wool, steady. Ter
ritory and Western mediums. 2vG24c; fine
mediums. lSb20c; fine. I3ilc
Hep at New York.
VFW TORK. Julv SO. Hops easy.
one Coast, old. 10 a 20c.
Amer. Tel. ft Tel. cony. 4a
Amer. Tob. 6e
Atchison Gen. 4s 97ft
Atchison conv. 48 .....107ft
Atchison adj. 4s stamped. :. 89ft
Atchison conv. 5s 107ft
Atlantic Coast Line cons: 4s... 04 ft
Allan Coast Line "LftNcoll" 4s 93ft
Bait, ft Ohio 4s
Brooklyn Rap. Transit 4s...
Can. Southern first 5s
C. ft O. 4fts
C. B. ft Q. gen. mtg. 4s.....
C. B. ft U. Joint 4s
C. B. ft Q. Ills. 4s
C. B. ft Q. Denver 4s
Cent. Pac. first 4s
Chicago ft East. Ills. 4s
Chicago R-I ft P. ref. 4s. . .
Chi. R-I ft P. CoL trust -ts.
Colo, ft Sou. first 4s
Denver ft P.io Grande 4a. .. .
Del. ft Hudson conv. 4s
Erie first cons. P. L. 4a....
Int. Met. 4fts
Japanese 4a
Japanese first 4fts .........
Japanese second 4fts .......
L. ft N. unl. 4s
Mo. Kans. ft Tex. 4fts
Mo. Pac. 4s
N. Y. Cen. 3fts.
N. Y. Cen. L. a. 3fts
N. Y. City 4a
N. Y. -City 4fts of 1057
Norfolk & Western 4s
Norfolk ft West. conv. 4s....
Oregon Short Line 4s
Oregon Ry. ft Nav. 4s
Penna. Ry. 4s of 184(4
Reading gen. 4s
Republic of Cuba 3s
Sou. pac xirsi rex.
Sou. Pac coL 4s
Southern Ry. 4s ,
St. L. ft S. F. ref. 4s...
Union Pac. first 4s
Union pac. conv. 4a...
I'nion Pac. ref. 4s
united states zs registerea. iwft
I'nlt.H State. 2S COUDOn 100 ft
L'nlted States 3s registered.
United Statea 3s coupon....
United States 4s registered.
United Statea 4s coupon....
United Railway S. F. 4s
United Ry. St- L. 4s
Wabash first 4s -
Western Union 44a ........
Westinghouse conv. 5s .....
Western Pac 5s
Wis. Cent. 4e
West Shore 4S
Bid. Asked.
114ft
97ft
. .. 82
...lOOft
... 9!ft
... V3ft
... fx; ft
... 99ft
... 85ft
... 94ft
... 78
... 88ft
... 08ft
... vo
85
... 8Sft
...89
82 ft
...84
... Blft
... 80ft
... Sft
... 87
... 70ft
... 87
... 80ft
... 83
...10
... 08
...117
93
... 9!ft
...103ft
... 97ft
...103ft
... 94ft
. .. 90ft
... 78ft .
...103ft
...100ft
... t6ft
.101ft
..1012
..1112
,.113ft
..113ft
78ft
.. OS
.. 97ft
..94 ft
.. S3
.. 91
.. 98
97 ft
108 ft
90
lOSft
93
91 ft
97 ft
92 ft
'ft'
95 ft
0ft
100
95 ft
95
'88 ft
68ft
86
80
98ft
S9ft
82 ft
87
98ft
88
71
87 ft
81ft
U4
106 ft
98 ft
llJft
93
94 ft
104
97 ft
184
94 ft
78ft
103ft
100 ft
101
101
101ft
102 ft
102 ft
114ft
114 ft
bo
'tiSft
98 ft
95
S3ft
blft
99ft
Sleeks at Boston.
Allouex 43 IMohawk 67
Amal Copper.... 82 Nevada Con .... 21ft
Am Zc L ft Sm. 30ft Nipisslng Mines.. 7ft
Arlx Com 54 North Butt. .... 29ft
BACCftSX 7 North Lake 52
Cal ft Arizona. . 74 Old Dominion . . 58
Cat ft Hecla 520 lOseeola ...116
Centennial 23ft (julncy 89
Cop Rge Con Co 57 shannon 16ft
E isutte uop JS. 10 .superior soft
Franklin 10ft Sup ft Bostn Min lift
Glroux Con .... 1ft Tamarack 40ft
Granby Con 33 ft U S Sm Ref ft M 45
Greene Cananea. 10 I do pfd 49ft
Isle Rvlle icoDl :f4ft,ltan con 12
Kerr Lake 2 ft Utah Copper Co.. 61 ft
Lake Copper ... 34ft Winona 5
sane copper, o-vwoiverine .......job
Miami Copper 29ft.
Mosey, Kxchaore. Cte.
NEW YORK. July 30. Money on call.
.leadj, 2i,Hi aer aaaUi ruling rate, 2T
Changes In Available Supplies.
NEW YORK. July 30. Special cable and
telegraphic communications estimated by
Bradstreeta. show the following changes in
available supplies aa compared with previous
account:
Bushels.
Wheat. U. 8.. east Rockies Oner.).. 171.000
U. S.. west Rockies (decreased) 330.000
Canada (decreased) 777,000
Total U. S. and Canada (decreased) 956,000
Afloat for and In Europe (deer.)... 800.000
Total and European supply (deer.) . .1.75t.0OO
Corn, U. S. and Canada (deer.). ...1.233,000
Oats, U. 8. and Canada (deer.) 1,066,000
Coffee and Sugar.
NEW YORK, July 30. Coffee futures
closed steady., net one point higher to three
points lower. August, j2.-c; oepiemDer,
12.99c: October. 13,06c: November. 13-l.lc
December, 13.19c; January, 13.25c; Febru
ary, 13.1c; March. 13.29c; Aprjl. 13.31c;
May and June, 13.34c
Spot steady. Rio, No. 7, lft14ftc:
Santos, No. 4 16c Mild, quiet. Cordova,
16 18c
Raw sugar easy. Muscovado. .89 test,
3.48jf3.55c; centrifugal, .06 test, 3.!84.05c;
molasses, .89 test, 3.23 ' 3.30c; refined, quiet,
Minneapolis Grain Market.
MINNEAPOLIS. July 30, Close: Wheat
Julv,--$1.07: September, inftc; Decemner,
95ff95ftc; May, 99ftc Cash: No. 1 hard.
$1.07ft; No. 1 Northern. $1.07ft; No. 2
Northern. $1.05ft e 1.06ft ; No. 3 wheat,
$1.03 ft 0 1.04 ft.
ijaney, soup eve
No. 3 yellow corn, 7676ftc.
No. 3 white oats, 48 50c.
No. 2 rye, 69c
Grains in San Francisco.
SAN FRANCISCO. July SO. Spot quota
tions: Walla Walla, $1.55 1.57 ft; red Rus
sian. $1.57ft l.tfO: Turkey red. $1.62ft
1.05: bluestem. $L60gl. 62ft: feed parley.
$1.25tg1.27 ft ; white oats, $1.651.70; bran.
j27.5028; middlings, $3637; shorts, $320
82-50.
Call board sales v neat jjecemoer.
$1.47ft bid, $1.504 asked. Barley Decem
ber, $1.25; May. $1.31. .
Steel Declares Regular Dividend.
NEW TORK. July 30. The United States
Steel Corporation today declared its regu
lar quarterly dividend of 1 ft per cent on the
common stock and 1ft per cent on the pre
ferred stock.
The earnings for the quarter ending June
30. 1912, were $25,102,265; the net income
for the quarter $1S.429,204, and the surplus
for the quarter $56,4S3!
Chicago Produce Market.
CHICAGO. July 30. Butter Steady.
Creameries, 23 & 25c: dairies, 21 24c
Eggs Steady; receipts, 12,211 cases; at
mark, cases included, 15ft 16 ft c; ordinary
firsts, 16ftc; firsts, 18c.
Cheese Steady: daisies, ISftiflOftc;
twins, 14ft 615c; Young Americas, 15ft &
loftc; long horns, 15ft15ftc
t
European Grain Markers.
LONDON. July 30. Cargoes, steady. Wa!ia
Walla, September-October shipment, at 38s.
English country marKets. quiet; xrencu
country markets, ateady.
LIVERPOOL. Julv 30. Close: Wheat-
July. 7s Sd; October, 7s 3ftd; Decernber,
4S 4 no ntmci, Kirnt. .
Elgin Quotation Abolished.
ELGIN, 111., July 30. Announcement was
made last night tnal me cigin xsoara o
Trade would aponsn tne quotations commit.
tee as the result of the threatened Govern
m.nt .ulta acralnst the members of thil
oommlttee for alleged violation of the Sher
man anti-trust law.
'mr York Cotton Market.
NEW YORK, July SO. Cotton futures
closed steady, 25 to 36 points lower. July
12.49, August 12.&4, Beptemoer i.na, ucto.
ber 15.76, November 12.77. December 12.84,
.Innuarv 12.77. February 12.81. March 12.69,
May 12.96. Spot closed quiet. Mid-uplands
13.10: do gulf, 18.35. No aales:
July
Sept.
Dec
May .
High.
.99ft
.94 ft
.96ft
l.OOft
CORN.
.73 .72ft
.66 ft .66
-5S .SSft
.67ft .57ft
- OATS.
.4Sft .48 '4
.33ft .33ft
.34 ft .."4ft
.37
Low.
.9ft
.93ft
.9oft
.99ft
-71ft
.63ft
.67 ft
.56 ft
.46ft
.32ft
.34ft
.36ft
Close.
.99
.94ft
.95ft
' .72ft
.68
.68
.57
.4ft
.33
.34ft
36ft
Sept.
Oct.
Jan.
Sept,
Oct. .
Jan.
18.17-ft
18.25
18.62 ft
10.72 ft
10.80.
10.45
l.37ft
18.27J4
13.6a
10.76
10.82ft
1U.4
37 ft
PORK.
..1S.25 lS.27ft
..18.35 18.35
..18.70 18.75
LARD.
..10.72ft 10.75
.10.72ft 10.S2ft
..10.45 10.45
RIBS.
Sept. 10.62ft 10.62ft 10.62ft 10.62ft
Oct 10.60 10.60 10.60 10.60
Jan. 9.S0 9.85 9.77ft .S0
Cash quotations were as follows:
Flour Steady.
Rye No. 2, 73 ft 75c.
Barley Feed or mixing, new, 50 Q 60c;
fair to choice malting, rew, 7075c
Timothy seed $5.008 7.00.
Clover seed $10.00 ia.00.
Mess pork $1S.12 ft C 18.25.
Lard (In tierces). $10.75.
Short ribs (Loose), $10.50.
Total clearances of wheat and flour were
equal to 121.000 bushels. Primary receipts
were 1,330,000 bushels, compared wltn 1,
393.000 bushels the corresponding day a year
ago. The world's visible supply, as shown
by Bradstreet's, decreased 1.756,000 bushels.
Estimated receipts for tomorrow: Wheat, 289
cars; corn, 13 cars; oats, 133 cars; hogs,
2700 head.
Paget Sound Wheat Market.
Tir-nM wash.. Julv 30. Wheat Spot:
Bluestem, 91c; club, 87c. August delivery:
llluestem. 84c; club. 8182c. Yesterday's
car receipts Wheat, 4; corn, 1; ( oats, 3;
hay. 1.
SEATTLE. Wash.. July 30. Wheat New
crop: Bluestem. bc; lortyioia. ciuo uu
nte, hoc; reu rcusmau, ijm;. i ca,c, .
receipts Wheat. 14; corn, 3; flour, 4; hay,
13; barley. 4; oats. 1.
: London Wool Sales. '
LONDON, July 30. Demand was brisk
frtr the 9982 bales offered at me wool auc
tion sales today. Prices were steady. . The
home trade competed keenly for cross-breds.
but Americans secured tne pest grades.
TRAVELERS' GUIDE.
Largest B.S. Co.
OVER 400
blurb
AMERICAN
ia the World
1.210.000
TONS
J.C.WILSON&CO.
STOCKS, BONDS. GRAIN AND COTTON
MEMBERS
NEW YORK STOCK EXCHANGE.
NEW YORK COTTON EXCHANGE,
CHICAGO BOARD OF TRADE,
THE STOCK AND BOND EXCHANGE,
SAN FRANCISCO.
PORTLAND OFFICE:
Main Floor Lumbermeas Bank Bldg.
Fifth and Stark.
Phones Marshall 4120. A 4187.
Let the light shine
on the pavement
problem-r-so that the
superior qualities of
bitulithic will be re
vealed TO ALL.
Atlantic
Service
London, Paris,
Hamburg
Pres. Grant Auk. 8, 12 noon
Amer! km Aug. 15, 11 A. M.
J renDvlvanla August 1 1
Clni-imiati August 93. 1 P. M.
J Second cabin only. Will call at
MEDITERRANEAN
GIBRALTAR, NAPLES. GENOA.
S. S. MOLTKE
AUG. 20, 11 AM.
S. S. Hamborc Sept. 19, 1 P. SI.
TWO IDEAL CRUISES
AROUND! EXCURSIONS
THE
WORLD
and '
SIDE TRIPS
13 DATS IN JAPAN
18 DATS IX INDIA
From New York From San Franclwco
OCT. 1, JVkX. ,
.000
Tons)
g. S. S. CLEVELAND (&
DURATION OF EACH CRUISE
110 DAYS
Including; all neces
sary expanses aboar 1
and ashore, railway
hotel, shore excursions, carriages,
guides, fees, etc
Write for booklet of any cruise.
$650uTdi
HAMBURG-AMERICAN
LINE
160 Powell St.. San Francisco, CaL
r .w rl. a r. " - .
i 4 K. G. B. R-. Burlington
Route, Milwaukee A Puget
Sound R- R-. C. F. Pfluger.
u,iikev hide. D. B. Smith
68 atn St. roruanu, ui.
CsprriEBL lKJi
THE UNITED STATES
NATIONAL BANK
PORTLAND, OREGON
UNITED STATES DEPOSITORY
Capital ..... $1,000,000
Surplus and Profits $ 1 ,000,000
OFFICERS
J. C AlrTSWORTtZ. PTrsldenl. Rv W. gCRXEER. Cashier.
R. LEA BARNES. Vles-Prealdeat
A. H. WRIGHT. Asadstaat Cashier. W. A. HOLT, Assistant Cashier.
LETTERS OF CREDIT AND TRAVELERS'
CHECKS ISSUED NEGOTIABLE EVERYWHERE
DRAFTS DRAWN on ALL FOREIGN COUNTRIES
Lumber mens
National Bank
Travelers' checks offer the most convenient
way yet devised for carrying money safely
while traveling. The cost is trifling.
Capital - - $1,000,000
First National Bank
, Capital $1,500,000
Surplus 900,000
Oldest National Bank West of the
Rocky Mountains
LADD & TILTON BANK
Established 1869.
Capital Stock $1,000,000.09
Burplns and Undivided Profits 800,000.00
Commercial and Savings Accounts
Letters of credit, drafts and travelers' checks issued, avail
able in all parts of the Tvorld.
OFFICER
W M. Land, IV'ealrlent. Robert S. Howard, Asst. CaahteSk
Edward Cooklnajliam, Vlce?ra. J. W. Ladd. Asst. Cashier,
XV. H. DuBCkley. Cashier. Whiter 11. Cook, Ast. Cawblciw
The Canadian Bank of Commerce
" INCORPORATED 1S7.
Read Office Toronto. Canada. New York 10 Exchange rlace.'
London -tt Lombard Street.
Over two hundred other branches !n the United States and Canada.
Every care taken of collections. Drafts on all foreign countries and
principal cities in United States and Canada bought and sold, and a jren
eral banking business transacted.
Interest allowed on Time and Special Deposits.
PORTLAND BRANCH, SECOND AND STARK STREETS
F. C. MALPAS, Manager.
s ' : '" & Time has demonstrated its serviceability and fe
f E:-jiV'rl-':;;uKti superiority. Thera's every reason why the fe4
rB9iaf'Gw5lWa streets adjacent to your property should be W.f
i ahtPMj Improved. P-Jt
1 9'W''mSM BARBER ASPHALT. g
f rfJMm
TRAVELERS" GUIDE.
San Francisco, Loi Angelsi
and San Diego Direct
S. S. Roanoke and S. S. Elder
Sail Every Wednesday Alternately at P. M.
N0ETH PACITIG S. S. CO.
12Z A Third bt. Phones Main 1314, A 1311
COOS BAY IJNE
STEAMSHIP BREAKWATER
Sails from Ainsworth Dock. Portland,
at 9 A. M., July 24. 29; Augrust i.
8, 13 18. 23, 28. Freight received at
Ainsworth Dock daily ud to 5 P. M.
Passenger fare first-class, $10; second-
class, s, lnciuaine; oerxn ana meais.
Ticket office Ainsworth Dock. Phones
Main 3600. A 2332
SYDNEY SHORT LINE
19 DAYS FBOM SAN FRANCISCO
Via HONOLULU and TCTUILA (SAMOA)
Splendid steamer 01 uceauio "l
.ir.ia. lin. lQfHK) tons diBDlacemant.
-aii from San Francisco Aug:. 27, Sept. 24
schedule) B-iid every 28 days uier-
"sco to Sydney. 1st class, 200; round trip
lo. Bound world. S600. 1st class; S37S 2d
class, via Ceylon and Mediterranean. (Stop
overs).
HONOLULU $110
1st class. Sailinrs Aof. IS, 27. Sept. 1. 24,
and every z sreeas.
OCtA-NIC STEAMSHIP CO.. 67 Market St
6an Francisco.
AND
BACK
M. is. Ja. JS JhrJfSt.
EXPRESS STEAMERS FOR
pr- Francisco and Los Anseles
WITHOUT CHANCE
S S. ROSE CITY Salla A. M, Jnly SI.
IBB HAN FRAN. PORTLAND 8. 8. CO.
Ticket Office 141 Third Street,
phone Main 260S. A 1402.
Drain to Coos Bay
Aavto Every Day. Wire) Reaervationa ta
O. MATTOON, Drain, Or.
TRAVELERS' GUIDE.
Canadian Pacific
"EMPRES8E8 OF THE ATLANTIC"
AND OTHER STEAMSHIPS.
MONTREAL. QUEBEC AKD LIVEKPOOt,
VIA THE
SCENIC ROUTE TO EUROPE
1000 MILES
OK THE ST. LAWRENCE RIVER
AND
LESS THAN FOUR DATS AT SEA
JS33 MILES PORT TO PORT
THE SHORTEST OCEAN PASSAGB
First Cabin 192.50 and np
Second Cabin $.Vi.75 and up
One-Class Cabin Cd-casas) S..0.00 and. up
Tnlrd-ClasM Lowest rates on request.
Canadian Paclfie office, corner Third and
Pine (Multnomah Hotel bids.). Portland,
and all local agents.
Steamer Anvil
Sails from Couch-Street Dock Wednssday.
Julv 81. 7 P. M.
For Nevrport. Florence and Bandoa.
Frelaht and Passengers.
Frank Bcllam. city Ticket Aient, 2S Third.
Phones: Main 628. A 4506.
C. E. Brown. Fit. and Pass. Agent. Couch-
Bt. dock, ynones; stain sot, a siei.
NEW YORK -PORTLAND
REGULAR FREIGHT SERVICE.
Low Rates. Schedule Time.
AMERICAN-HAWAIIAN S. S. CO.
its Railway Exchange Bids;.
Portlsmd. Or.
Mala 8378. A M33.