17 OREGONIAN. TUESDAY AUGUST 13, 1913. GRAIN BAG FAMINE Shortage of Nearly 6,000,000 in the Pacific Northwest. BUMPER CROPS THE CAUSE Xat Enough Provided For to Suck All the AYheat and Barley Produced In the Three States Spot Market High. The grain farmer of the Pacific North w..t mr facta r a biz shortage In cram bars. The situation Is reflected in the arron tone of the icraln bag market, both Dot and future. Spot Dags are held at 11, cents and 1913 bars at 7 cents an The total available supply of new bags for the 1S12 crop Is placed nt 22.821.OW and the requirements are 33.SOO.000 bags Thin leaves a shortage of 12.679.000 new bjss. There are probably 7.000.000 second hand hags to be had. The' actual shortage of bags to sack the crop Is. therefore, over o.mlO.OOO. The following statistics show the posi tion of the market. The figures have been carefully compiled and most of them can be verified from official sources: irni-utia shipments to June 13. 1912 , . Bales. &.. Settle Total 21.321 I'.e.-eived at Portland Seattle and Ta- coma to July 31 12.321 .-, ; . . .- . i - I 1(M 111 'Returned from San Francisco. '. .loop 2.000 d 10..VJ1 Carrv-over stock l.i00 Walla Walla prison 2..rt'0 Aft-ailoKt atomic .llllr 31... ...... lo. S21 Ei. Teu-er August 3 .'"' Ex. Hercules 1.1 Ex. other steamers to Aug. 81. B.K.rfl Available for crop 22.821 Requirements . Winicr wheat. 4r..n,)n.ooo bu 20-110, Siring wheat. 2r..l.00t bu 1 '!!"" Rarli.v l4 fH0 04141 bU 4..iHO Tnral requirements IKi.'Orl The needs here figured do not Include those of the oats crop, which will amount to -about 300.000 tons and will require about a.nno.OoO bags. Oats are usually sacked In second-hand bags. The oats crop is some what lara-er than the average and will, therefore, leave fewer second-hand bags for the wheat men. A story has been printed tn the Sound papers to the effect that there are 8.000. 000 bags left over there and more due to arrive unsold. The Impression sought to be made by certain dealers there Is that the market Is topheavy and weak, but the actual statistic given above show the sit uation to be different. WHEAT MOVEMENT UN LIGHT 6CAI.E Demand Is ttood. but Farmers Are Not free Seller. Wheat buying was not heavy yesterday. Ail the dealers were in the market and the demand was good, but farmers were not free with their offerings. The tone of the market was steady, but buyers look tor lower prices. Oats and barley were steady, with very little offered for early shipment. Local receipts. In cars, were reported by the Merchants' Exchange as follows: Wheat Barley Flour Oats Hay Monday i JjJ It Year ago 2 1 1 J Season to date..-. ?; Tear ago -01 24 2!"J -" The weekly wheat statistics of the Mer chants' Exchange follow: American visible supply Bushels. Increase 1 lOl" lS.IMIIl.lHlO ".".S.clnO u" 14 1U.. 47.T-U4H 2.ul.tNlo Aui 13! 1S10 1S.X7C.O..O 3.7S4.4..IO Aug. l'i. 1!'" 8.2S:l.O(H Ss.0i.41 Aug 17 V. 17.443.000 44.).o Aug. 1 W7 49.271.000 TSO.OOO Aug. 20. 10 3i.P4'.".lKt .'-'2.'JI Auk "1 1 l:l.722.(M.O M77.U00 AUK "1 1IV4.::": 12..-.5S.I.04I 4S.UOII Aus. 17. 100J 13.4SS.OUO BSJ.OOO liecrease. 1 Quantities on passage Week Week Week ending ending ending rOT Aug- 10. Aug. S. Aug. 12. 11. IJ Kingdom.. 22.3T2.rMM 24.".20.000 a2.SO4.O4l0 . Continent . . . Ul lX.tt24.0O0 13.273.0Qr Total 35.!44.ono 37.844.0O0 3S.778. 414)0 Worlds shipments to principal exporting countries (flour included) week ees. ending From Aug. lr. I". Canada 2.740.i4 Argentina ... 2.2rtO.'4 Australia 3Ji.44Ml Ianubian Pts. 1.312.mm Russia 1.44.K India 1.04S.O04) Aug. 3 Aug. 12. '11. 2.403.0O4I 2.fitil.0oO 0741.IIOO 04M) B.'.2.04M1 244.44MI 1.3H4.O00 i.at,4M4 n20.O44 1. 432.000 2.44IS.4I4K) Tn,as 9.2112.000 6.743.01)0 R.32D.OO0 World's shipments, season to date .' Total Since Same Period From July 1. "12. Last Sesi.n. I- and Canada. ..14.74V.nno 13.IHl.ono I n it l a 13.1O.04 10.302.000 Totals .B8.512.QOO 06.452.000 t.ATKERINO OF HOP CROP AT HAM) Picking ot Fnggles In Lane County Will Mart Thursday. No business was reported in the Oregon or California hop markets yesterday. The un dertone of the market was very steady. Crop renditions In th:s slate continue excellent. Picking of fuggles will start in Lane Countj Thursday. Kola Neis writes from Frankfort-on-Main. undr date of July 28. that crop prospects on the continent are unchanged. The re ports from most of the hop districts are favorable for a good average crop. Mr. Neis adds: -As there is hardly any complaint of ver min, the quality will undoubtedly be good If nothing Interferes from now on until pick ing is over. The acreage on the continent has been vcrv much reduced in the last few years, and dealers think 800.000 cwt will be the maximum production. Present esti mates are from r.0.000 to 800.000 cwt. for the continent." Mr. Neis was preparing for a trip through the hop districts of Bavaria and Bohemia. LArU.E AMOVNT OF FKl'IT IS MOVED Peaches Are In Strong Demand Good Canta loupe Are Scarce. Fruit receipts were large yesterday and practically everything moved readily. Peaches rare In active demand. The bulk of the local stock sold at 35 to 80 cents Fancy California freestones sold up to 85 cent. Good cantaloupes were scarce, but there was an overabundance of soft stock, which could only be disposed of at con cessions. Apricots were very firm at $1.23 a crate. The market was heavily loaded with black, sweetwater and seedless grapes, which were hard to sell. Good malagas were wanted, but were scarce. A carload la due today. A large shipment of Hawaiian pineapples arrived yesterday. Bank Clearings. Bank clearings of the Northwestern cities yesterday were aa follows: . Clearings. Balances. Portland I2.123.1W8 1187.617 Se ?e ...... 1.W1.233 212.822 TaconTa . 7411.918 . 48.1454 Spikane 821.454 113.803 Country Produce Prices Unchanged. There were moderate receipts of poultry and dressed meats yesterday, for which ths demand was good at rast week's prices. - The egg trade was slow. Dealers complain of receipts, of limed eggs from certain coun try points. These can only be sold as sec onds. To butur market was well cleaned up and firm Cheese was steady and un changed. " PORTLAND MARKETS. Grain, Floor. Feed. Etc WHEAT Track prices, new: Club, 76 TTc; bluestem. 7t&0c; fortyfold. 78c; 'Val ley. 786 78c; old wheat, nominal. FLOUR Patent. 18.10 per barrel: straight. 14.70; export. 14.10; Valley. IS.10. BARLEY New. 2532o per ton. MILLSTUFFS Bran. 23 per ton; shorts. (28; middlings. ?2; rolled barley, "HAT Eastern Oregon timothy, 15; Val ley timothy, S1213; alfalfa, 111012; clover. Sl- oat and vetch. lvll; grain hay, SlOrgll. CORN Whole. 39; cracked, 140 per ton. OATS New, 26 per ton. Vegetable and Fruit. FRESH FRUITS Apples, new, 80c (32. 15 per box; peaches, 35fe&iic per box; plums, 75c tyjl.10 per box; fear. Sl.ifQvl-SO per box; apricots, 1.25 per box; grapes. Ili&'i per crate; blackoerrie. 4tcai.zt per uma. TROPICAL FKUITa Oranges. Va.enela. f3.50t?4: California grapefruit. $4.50; lemon. 6.SS per bo; pineapple, to per pound. MELONS Cantaloupes. 75c? 11.50 per crate; watermelons, SieLl.t per hundred. ONIONS Walla Walla. SOctgll per sack POTATOES Jobbing prices: Buroanai. new. ill f 90c per hundred. VEGETABLES Artli-hokex 659 75c per dozen; beans. 2c; eabbsge, 11V40 per pound: cauliflower. $1 1.2.1 per dosen: cel ery. 7385e per doien: corn. 15 6 260 per dozen; cucumbers. 50c per box: eggplant. 7gJ0c per pound; head lettuce, iOiJOoc per dozen: peas, hifOc per pound: peppers. 8310c per pound: radishes. 1"i920c per dozen; tomatoes. tOcOtl-50 per box; garlic. S&Vc per pound. SACK VEGETABLES-rCarrot. tl.60 per Mck; turnips, L25 per ack; beet. 1160 per sack. Dairy and Country Produce. EGGS Case count. Ho; oandled. tiot ex tras. 27c per dbxen. BUTTER Oregon creamery butter, cube. 31c per pound; prints. 32 hie per pound. CHFESE Triplets and daisies, 17 fco per pound; young Americas, 18(4o per pound- PORK Fancy. luH&llo per' pound. VEAL Fancy, 14ft fe 15c per pound. POULTRY Hens. 13rl3ltc; droller ,16 (91uc; duck, young, 12c; geee, IOSjUc; turkey, live. 18tg20c; dressed, 24 25c. Staple Uroceriea, SALMON Columbia River. " one-pound talis. $2.25 per dosen; eight-pound tails, 12.35; one-pound flats, $2.40: Alaska pink, one-pound tails. $1.25. a , COFFSE Roartsd. tn drums, 26tir' per pound. HONE V Choice, $3.78 per caae; strained honey, 10c per pound. NUTS Walnuts. 1616"4o per pound: Brazil nuts, 12c: filberts. 14t15c: a. monds. 175 21c. peanuts. 5ft 6Sc; cocoanuts. 0cft$l per dozen; chestnuts. 12ic per pound; hickory nuts. 6'floc per pound. SALT Granulated. $15 per ton: hall, ground. 100s $7.50 per ton; 50. $8 oer ton BEANS Small white. 5.40c: large wblt 6.20c; Lima, tJHc: pink. 4.15c; Mexicans. 4fcc: bayou. 4V4C RICE No. 1 Japan, c: cheaper grade 55ic: Southern head, lt?7Vic. SUGAR Dry granulated. S5.DS: fruit and berry, S5.95. Honolulu plantation. $$.o: beeu 15.75; extra C. $5.45: powdered, bar re;r. $6.20; cubes, barrels. $0.83. DRIED FRUITS Apples, 10c per pound: apricots. 12 u 14c; peaches. 8llo: prunes. Italians. 8S10c; silver. 18c; figs, white and black. 6HS7c: currants, 9Vjc: raisins, loos Muscatel. 8"4 1hks: bleached Thompson. lUc; unbleached Sultanas. 8 c; seeded. 7 Vj 984c: dates. Persian. 8c per pound; Fard, $1-80 per box. Pravlslona. HAMS All tlzes. 16017c: skinned. 1817c; picnics. 12c; boiled. iVia BACON Fancy. 26I7c; choice. 20021- DRY SALT MEATS Backs, dry salt, 11 "1 a 1214c; backs, smoked, 1314c; bellies, dry alt. ISttc: bellies, smoked. 15c. LARD Tierce basis, choice. 13Vic; com pound. SVic; leaf, three-pound palls. $S.6H per case. MISCELLANEOUS Pigs' feet, kits. $1.35: sliced beef, insides, $28 per case; Irled beef. Insides, 23c per pound; bologna, canvas back. lOHc; minced ham. 12c. Ilona, Wool and Hides. HOPS 1912 contract, 18 20c; 1911 crop, nominal. V oh AIR Choice. S2e per pound. WOOL Eastern Oregon, 1418o per pound according to shrinkage; Valley, 21 H (?22c per pound. PELTS Dry. jac? full wool butcher pelta. $1.2!i1r 1.75; shearlings. 23t50c HinRS SttlTi. t,i) 11 L frr!2c Der pound; salted calf, l.sejiiic: salted kip. 11012c; green hides. 11c; dry calf. No. L 25c; No. 2. 20c: ary hides, 2022c; salted stags, 7 itfbc; green stags. oHMC. CASCAiU-Per pound. 4 05c; carlot. 5 GRAIN BAGS Spot In car lota. 11 Ho; 1913 bags, nominal at 7ft7!4c. Unseed Oil and Turpentine. t.IVSEED OIL Saw. barrel. 7c: boiled. barrels. 78c: raw. cases. 81c; boiled, cases. e3a- TUKPENT1NE Cases, 63c; barrel. oOVsC. SAN FRANCISCO PRODUCE MARKET rrlces Quoted at the Bay City tol Vege tables, Fruits, Etc SAN FRANCISCO. Aug. 13. The follow ing produce prices were current here today: Fruit Apples, choice. 65c; common, 40c; Mexican limes. S5toj.-'0; California lemons. choice, $6; common. $2; pineapple.- $L6O0 2.50. Cheee Toung America, lostfioc Butter Fancy creamery, 82 Sc. Eggs Store. 24c: fancy ranch, 2Sc. Vegetables Cucumber. Z5kt35c; gnrllc. 2 u. Hi .; 1-1-; green peas. $1.3ofa2.2&: siring beans. 50c tr ; tomatoes. 3o4oc; egg plant. 40ir73c; onions, 50a75c uav wh;it sifii 18: wheat and oa'.a $12jlS.50: alfalfa. $11 113.30. v Receipts riour. .-,.s quarter sacan; wheat. 1S19 centals; barley. 214j centals; Dotatoes. 35ts sacks; middlings, 333 sacks; hay. 17t2 tons; wool, 31 bales. Metal Markets. TCF.W YORK- Aug. '12. Copper Arm. Stanard spot and August, 17.25917.50: September. 17.35(3 17.4. 1 : October. 17.30'i? - v -.. . - - . I... i ftirSI I.Ira JI...U; eiet irftn j 4 iv. , -3 ' 1 79 . mno, 1171V 17H: casting. 174riTVj. Tin firm. Spot. 45. 404245. 80; August and September. 45.23 co 45. 75. L.ead firm. 4.45 'a 4.55. Spelter quiet, 6.75&4j.t5. Antimony quiet. Cookson's, 8.008.65. Iron firm No. 1 Northern. 15.75i lfl.25: No. 2 Northern. 15.25 13.75; No. 1 Southern and do soft, 15.754a-ltf.23. t opper arrlvars in .New tora lonsy, iu inn,' pxtmni this month. 6IW2 tons. Lon don copper firm: spot and futures. 78 10s. London tin lirm; spot, tJi.i luiures. iisi 15s. l.ondon lead, 198 9d. London spelter. 2S 0s. , Iron Cleveland warrants, ous una. Coffee and Sugar. NEW YORK. Aug. 12. Coffee futures closed net 20 to 22 points lower. -ales, 116.- 250 bags. August, lz.aic: sepiemoer, jj.uc; October. 12.4sc; November, 12.53c; Decem ber. 12.56c; January and February, 12.59c; March. ll.SSc: Apni, iz.eoc; may, id.oic, June. 12.86c; July. 12.453c Spot quiet. Rio No. 7. 1414 c: Santos No. liit Mild quiet- Cordova, lri17c nominal. Raw sugar nominal. Muscovado, 89 test. $.55c; centrifugal. 96 test. 4.05c; molasses, 89 test. 1.30c; refined steady. New York Cotton Market. NEW YORK. Aug. 12. Cotton futures closed weak 46 to 61 points lower. August. 11.14c; September. 11.15c; October. 11.29c; November. 11. Sic; December. ll.36c; Jan uary, 11.29c; February. 11.40c; March. 11.45c; May. 11.53c Spot closed quiet, aiiaaung upianus. i-c; do. Gulf. 12.25c. Sales. 422 bales. NEW ORLEANS. Aug. 12. Spot cotton quiet and easy. ott. Middling. 12Kc. Naval Stores. SAVANNAH. Ga.. Aug. 12. Turpentine firm 3o: sales. MS 8 barrels: receipts. 821 barrels: shipments, 418 barrels: stocks. 38.- 8ini barrels. Rosin firm. Sales. 8400 pounds: receipts. 3000 pounds: shipment. 3600 pounds; stocks. 113,000 pounds. Quote: B, .30g .4S; D. 16.45: E. $6.52 a 6.55; F. $6.52(86.60: G. $6.52 S 6-66; H. 6.604f 6.70: I. $8.656.70; K .S0; M, $767.05; N. $7.30: WG, $7.60; WW. $7.70. Dried Fruit at New York. NEW YORK. Aug. 12. Evaporated apples, fancy. 9HS10Vic; choice. 8te9!o; prime, 7 Sc. Prunes steady. California up to 30-40. 2 S9c: Oregons. 6 Vt (Jiiic. Peaches quieL Choice. $H6c: extra choice. 7S7Wc; fancy. 7 9c Chicago Produce) Market. CHICAGO, Aug. 12. Butter Easy. Creameries. 22 624c; dairies. 21 23c Egg Steady; receipt. 84S0 case: t mark, cases Included. 16c; ordinary firsts, 16Sc: firsts, 18sc Cheese Steady: daisies, 15V.15He: twins, 14 V 15c: Young Americas, 13 i, 15ttjC; long horns. 15 -it 15 c. , Wool at St. Louis! ST. LOUIS.- Aug. 12. Wool Steady. Ter ritory and Western mediums. 20&24c; fine mediums. 18g20c: fine. 1317c Elgin Butter Market. ELGIN. 111.. Aug. 12. The quotation com mittee of the Elgin Board this afternoon d c la red butter steady at3 cents. Hop at London. LIVERPOOL. Aug. 15. Hop In London. Pacific Coast, 7&8 8. EARLY GAINS HELD Profit Taking Fails to Affect Advance in Stocks. GRANGERS ARE ALL STRONG Market Stimulated by Lu&i. Week's Favorable Crop ReportCanadlnn Pacific Touches a Xcw High Record Bond Trade Broad. NEW YORK. Aug. 12. The salient featur of today's stork market lay In the fact that extensive proflt-taknlg failed to exerclie more than a slight effect on the higher level attained In the earlier part of the day. Undoubtedly the promise contained In last week's highly favorable crop report was the most potent factor In today's further ad vance. Canadian Pacific was the most prominent of the grain carriers, with another high record, which was reflected in the strength of its subsidiaries. Of the better known granger, St. Paul was strong, recovering a large part of its semi-annual dividend. United States Steel was the most active ot the industrials, and while it scored it best price of the rar. made no very substantial response to last Saturday's statement of un filled toanage. Copper shares were in better demand, also those of allied concerns, including smelting. Bonds were active, broad and irregular, with some inquiry for convertible Issues. To tal sales, par value, were $2.oO.O00. United State Government -4s declined 4 on call. CLOSING STOCK QUOTATIONS. Closing Sales. High. Low. Bid. Amal Copper .. 21.200 84 83V 8354 Am Agrlcult ... 1.S00 5!r, 58. 58, Am Beet Sugar.. 2.70O 711ti 71Vs Tl American fan.. 21.700 42 41 41H do preferred.. .00 120H 110 120 Am Car & Fiy.. 2.200 1 60 1 60 Vi Am Cotton Oil.. 1,100 54 P4 54 Am Ice Securi.. 4U0 2614 26 26ii Am Linst-ed 40O 1414 14 14 Am Locomotive. 2.000 45 44 V4 44", Am Smel & Ref S.tiOO 86 84. 8.V Am Smel & Ref. S,H 8Btt 84 S.iVs tio preferred.. 200 107 107t 107 Am Sugar Kef.. S.4O0 128 127 127 Am Tel & Tel.. U00 14 145 145 Am Tobacco ... 300 80T 303H 3tl3t4 Anaconda M Co. 4,200 42 4 41 42 Atchison 14.fll lot) 10V)t lOBti do preferred.. 1:00 102 102 102ii Atl Coast Line.. 3,tKK 14(H, 147 140 Bait Ohio ... 3.2414) IDS 108 14r8l Bethlehem Steel 2.700 .Is 38 38 Brook R Tran.. 2.00O 12 !'2 Canadian Pac .. 11.S0O 281 Vt 178 liU Central Leather. 7.200 2St 27 2S- Ches & Ohio ... 4.000 81i 81 Chi Gt West ... 600 17 17 lr C. M St Paul. 5.70O 108 107 107 Chicago St N W. 1.400 143 142 142 Col Fuel & Iron 2,300 32 81 31 Consul Gas 4.800 140 148 148 Com Product.. 5,60 15 15 15 Del & Hudson.. 400 171 171 1.1 D&RGrande.. 700 2(1 20 20 do preferred.. 200 36 36 3i Distillers' Securi oirO 33 33 32 Krie 7.300 36 36 So do 1st pf 1,300 54 64 84 do 2d pf .... 200 44 44 44 Gon Electric ... 30O 182 182 181 (it North pf .... 5,600 14S 14Z Hi Gt North Ore .. 1.400 44 44 43 Illinois Central. 100 132 182 131 lnterbor Met ... 1.400 20 20 20 do preferred.. 1.4O0 60 6r iO Inter Harvester. 800 124 123 123 Int Paper 1.400 1(1 15 16 lnt Pump 100 27 27 2i KC Southern.. 2.1KM) 26 26 26 Laclede Gas ... 70O 107 107 loi Lehigh Valley.. 8.500 173 172 142 Louis Nash.. S.800 168 14)6 14I6, M. S P & S S M 1.100 164 153 153 .Mo. Kan & Tev. 3.7 28 28 88 Mo Psclflc 1.4I0 38 38 38 Nat Biscuit 1,000 136 135 13-1 .National Lead .. luu Mt, n mil N Ry Mex 2 pf. 8lltf 30 30 30 N Y Central ... 2.000 11 11H 118 N Y, Ont & Wes 32 Norfolk A West 1,3IM lis 118 lis North American 200 8.1 S3 82 Northern 1'ac .. 18,700 131 130 131 Pacific Mail .... 4(10 33 32 31 Pennsylvania ... 5,400 124 123 124 People's Gas ... 1.600 118 118 117 P. C C &-tft L. . 1O0 lllll lO'.l 10!) Pittsburg Coal.. 8.000 23 22 23 Pressed S Car.. J.iuii ;)i Ji -ti Pull Pal Car ... 2,700 166 103 14J4 Reading 71,700 173 172 172 Republic I & S 1.400 28 28 27 do preferred.. 2,700 IK) 8 XU Rock island Co. 5.700 27 26 26 do preferred.. 1.30O 63 62 52 St L 8 F 3 Pf 600 86 35 35 Seaboard Airline "4)0 54 63 53 Slons Sheffield .. 4i)0 .. 01 ni Southern Pac .. 4.or 113 112 113 Southern Ry ... 3.oo :io 211. 2:) do preferred.. 2,300 80 80 7 Tenn Copper ... 300 42 42 42 Texas & Pac 22 Union Paclnc .. 3.1,200 174 n n;i do preferred.. 100 Bl l no D S Realty 100 84 84 83 U S Rubber 51 U S St-el tjB.uno (3 1- iz?. do preferred.. 704 112 112 112 Utah Copper . .. 2.70O 02 61 62 Va-Caro Clem 1011 4w 4 Wabash . 100 4 4 1 do preferred.. 100 14 14 14 Western Md ... 400 68 57 .r Western Union 81 Westing Elec .. 7.000 89 87 87 Wheel & L E 5 Total sales for the day. 503,200 shares. BONDS. Furnished by Overbeck ft Cooke Co., Portland. Bid. Asked. Amor Tel 4k Tel conv. 4s.... 114 Amer Tob 4s "6 Amur Tob (is 121 Atchison 43en 4 96 6 Atchison conv 4 loo lVs Atchison alj- 4s stamped 81) DO AtchlKon conv 6s 110 110 Atlantic Coast Line cons 4 i)4 05 Atlantic Ct Line "L&Ncoll" 4s 05 1)5 Bait ft Ohio 3s HI 1 Halt Ohio 4s 97 1'7 Brooklyn Ra3 Transit 4s .. 93 !l-l 1. & U. 4Va i" yj j"v C. B. & Q. gen mtg 4s 95 95 (". B. & y. Joint 4s a ( C. B. & Q. Ills. 4a 99 IHI ('. B. ft Q,. Denver 4 96 97 Cent. Pac. first 4s .... 95 Chicago ft East- Ills. 4s , vt Chicago R-I & P. ref. 4s 8S" 88 4'hL R-l ft P. Col. trust 4s 08 08 Colo, ft Sou. first 4s 95 95 Dei. & Hudson conv. 4s 9S 98 Erie first cons. 4s 80 89 Int. Met. 4s 82 82 Japanese 4s 8.1 9i Japanese first 4s 91 91 Japanese second 4s 90 Do Mo. Kan. A Tex. 4s 83 86 Mo. Pac. 4s 70 N. Y. Cen. 3s : 96 N. Y. Cen. L .8. 3s SO 73 96 81 N. Y. City 4s 93 94 N. Y. City 4js OI li)i. ...106 106 Norfolk ft Western 4s 97 97 Norfolk & West. conv. 4s. ......118 1419 N. Y. Ont. & W. 4s 92 92 Nor. Pac. P. L. 4s 98 98 Nor. Pac 3s V. 68 a Oregon Short Line 4s 92 92 Oregon Rr. ft Nav. 4s 93 04 Penn. Ry. 4s of 1918 102 103 Philippine Ry. 4s 8.; 86 Reading gen. 4s 97 Sou. Pac. first ref. 4s. ......... 94 94 Sou. Pac. col. 4s 90 90 Southern Ry. 4s 78 S St L. ft S. F. ref. 4s 78 i9 Union Pac. first 4s 100 100 Union Pac. conv. 4s 1(2 102 Union Pac. ret. 4s 9B 96 United States Steel S. F. 5 102 102 United States 2s registered 100 101 United States 28 coupon 100 101 United States 3s registered. ... .102 102 United States 3s coupon... 102 102 United States 4s registered 113 114 United States 4s coupon 113 114 United Railway 8. F. 4s 65 60 United Ry. St. L. 4s 1 4M ' Wabash first. 4s 4 Western Union 4 98 Westinghouse conv. 5s -. . 95 s Western Pac. 5 2 8J. Wis. Cent. 4S 91 92 West Shore 4 100 Stocks at Boston. Alloue 46Mohawk Amal Copper ... 83jNevada Con .... Am Z. L ft Sm. 30lNlpiss1ng Mines, Arlsona Com . .5 7-16North Butte .... TtftCCftSM. 7 North Lake ... . 68 21 7 30 5 58 188 92 17 46 13 43 46 49 . 11 62 52 107 Cal A Arlsona.. 76 Old Dominion Cal ft Hecla. .530 iOsceola Pcntunnlsl .... . 22 IQulncy Shannon ISuperlor ...... Cop Rnge C Co 59 13 E Butte cop l Franklin Giroux Con . . . 11 5 Sup A BO atin fTamarack U S Sm Rf 4 M do ofd 54 nmn rntianea IO Isle Roy (Cop). oo Utah Con K-err t-aJie - Utah Cop Co... La Salle Copper 6 (Wolverine Miami copper . Money, Exchange, Etc. NEW YORK. Aug. 12. Money on call steadv 2 3 per cent; ruling rate. 2; closing bid. 2; offered at 3. Time loans steady. Sixty day. 3 3 per cent; 90 day. 3f per cent; ix months. 464 Pr centl Prim mercantile Dauer. avat per wuu SterHng exchange easy, with actual .busi ness In bankers' bills at $4.8450 for 60-day bltlo ana at t.ouv "rtT Commercial bills. 4.83. Bar silver. lc Mexican aonars, inc. , . Government bond heavy; railroad bonds irregular. , LONDON, Aug. 12. Bar silver steady. 2ea per ouuw. vue,-w.. - The rate of discount in the- open market for short bills 1 3 per cent; for three monin oiiia. m wr SAN FRANCISCO, Aug. 12. Sterling on London Sixty days. 84.84; do, sight, J4.S7. Drafts Sight. 1c; telegraph. 4c Condition of the Treasury. njioxii.uiu.i, .m6. . -- - - - - - ning of business today the condition of the United states Treasury was as iuuuhi. Working balance in Treasury of- . . r,T ftB D iices ' In banks and Philippine Treasury 35,18,69 Total ot me general luuu iw. v - Receipt Saturday 2.903.94o Disbursements I,96,6a0 Surplus to date this fiscal year. 1.397.3-o Deficit this time last year 20.331.963 These figures exclude Panama Canal and publlo debt. ALL LINES ARE STEADY good nvrs of cattle and ' SHEEP AT STOCKYARDS. Steers Sell at $6 to $7, and Cows Bring From $4 to $3.9t) No Hogs Are Received. Th week oDened with a good run of cat tie and heep, but no hogs arrived. There waa good general demand and prices held at the level of the closing part of last week. Steers sold at a range of 6 to $7 and cow brought from 4 to go.au. a lew top grads calve went at $8.50. Bulls sold at J4. A few hog carried over from Saturday were taken at $8.50. , Several load of choice lambs, sold on the -or brouaht 5.S5. Other lambs sold at $5.25. Sheep sales were at $3.50 to $4.50. Receipts yesteraay were calves and 1383 sheep. Shippers were H. W. Russell, Steunenberg. Idaho, 1 car of cattle and calves; F. W. Williams. Junction City, 1 car of cattle and .calves; W. I. Dishman. Joseph and Troutdale, 4 car of cattle; W. vv. cooper. Union Junction, 3 car of cattle and calves; Frank Roach, Meacham, 1 car of cattle; B. F. Keller, Meacham, 1 ar of cattle; Smythe Bros., Meacham, 3 cars of sheep; Henrs Ehrman. Shanlko. 2 cars oi cattie, anu j. i. Trion, who wrove in 601 sheep. The day s sales were as xoiiows: Weight. Price. 1 bull 1540 $4.00 12 cow -1050 J.tio 15 steer - 1102 6.6.1 Ji3 cow 103i 5.0 1 bull 1540 4.00 10 cows : 81 U.90 1 cow 900 5.90 28 COW "2 5.90 2 steer 9'.M) i.OO 1 steer 93U b.4.1 2 steers - 980 ti-40 I 4iull 1121 4.O0 6 steers S 6.00 1 calf 120 5.00 1 heller 9SO 6.00 13 cows 1867 5.40 3 cow 1031 5.80 2 steers , 975 5.75 3 steer 1140 6.00 IS steers 1093 6.0 6 steers ....li'eo o.inr 14 steers 1034 .3a 8 cows 104O 5.4o 101 lambs 5 357 lambs 60 i.-o 17 lambs o 05 sheep 61 4.oD 2 ewes ......... 150 3.50 1 buil 1120 4.00 1 calf 50O 5.60 3 calve 410 7.00 3 hogs 198 8.50 27 steers 1041) 6.55 7 steers 11(10 6.55 3 steers 1S -65 1 steer 1090 6.63 4 steer 855 6.65 2 cows , 1000 6.85 2 cows ....................... 1060 6.55 1 cow 1070 4.50 1 cow 1130 4.00 1 cow 1120 4.4)0 2 cows 1225 5.85 3 cows t..... 800 5.85 4 cows 948 5.00 15 cow ' 9."0 5.75 5 calves 344 7.00 8 calves 2.'(t 8.50 4 calves 293 8.25 1 bull 1130 4.00 61 lambs, off car 75 5.35 216 lambs, off car 75 5.35 Lambs 4.00 5.25 The range of prices at tne yarus was as follows: Choice steers $6. 75 $7.00 Good steers li.WV 6.50 Medium steers 6.75 fij 6.00 Choice cows 5.75V 6.00 Good cows 5.50W 5.75 Medium owe 5 00tf 5.50 Choice calves 7.00 8.50 Good heavy calves e.oO &1-V Stags 4.750 6.00 Hogs Light , o.00 9.00 Heavy 6.25(0 7.50 Sheep Yearlings 3.00(3 4.50 Wether 3.00 4.60 Ewes 8.00 3.75 Lambs ' 400(gi 5.:.5 Omaha Livetttock Market. SOUTH OMAHA. Neb., Aug. 12. Cattle Receipts. 7(H; market, steady. Native steers. $5,754; 10; native cows and heifers. $!.50ef7.5u: western steers, s'(js..m; Texas steers, $4.505 6.50; range cows rnd heifers, $37: canners. $2.75 fa 1.25; stockers and feeders. $4CU7; calves, $4.258.5; bulla. stags, etc., $4 3.50. Hogs Receipts. 4(iii4; maraet. nc nigner. Heavv, $7.85&8.10: mixed. $7.90(5 8.10; light $7.90 98.25; pigs, $6.50 19 7.50; bulk of sales. $7.9Or98.10. oneeu Ifteceipts, 4,dUV, mainei, oicov. 7. lVarllnas. X4.50IO 5.25 : wethers. $3.751.75; ewes, $3.254; lambs. $6.257.65. Chicago Livettock 3Iarket. CHICAGO, Aug. 12. Cattle Receipts, 21.- 000; market, generally stead. Beeves. o.iu 4310.25; 1 exas steers. Sdtd.o.uu; ircaieni steers. $68.30; stockers and feeders, $4 Gi7; cows and hellers, s.bixas.io; caives. $0.50 9.73. Hogs neceipts. mimei, .ms higher. Light, $7.90(6 8.47: mixed. $7.SO(3 8.45; heavy. $7.35 (& 8.30 ; rough. $7.35 (a 7.60; pigs. WS.ir.; bulk of sales. $7.S0a'8.30. oneep- rteceipis. ou.'tw, uiainci, bi"uj. Native, $3.204.70; Western, $3.404.8d: yearlings. $4.40 5.60 ; lambs, native, $4.40 l.&v; western, fti.-iuwi.o Duluth Flsi Market. DULUTH. Aug. 12. Close: Linseed on track and to arrive. $1.84: September. $1.79; October. $1.69; November, $1.67. Hop at New York. NEW YORK. Aug. 12. Hops Dull. DEPTH DEVELOPMENT NEED Bill Nye Mine May Get 600-Foot Shatt Is Report. GOLD HILL. Or.. Aug. 12. (Special.) That a 600-foot shaft will be sunk at the Bill Nye mine, on Galls Creek, four miles south of this place. Is the latest report In mining: circles, and one that is hailed with delight -by those who maintain that depth development Is all that Southern Oregon mines need to make this one of the greatest mining districts the West has ever seen. The Bill Nye takes Its name from a former owner, whom it paid hand somely, and who, with money obtained from operating it, bought one of the finest fruit ranches in the Rogue River Valley. The mine was idle for a term of years, owing to litigation among Its owners, but with its recent purchase by a French syndicate, oper ating mines all over the world, active work, was resumed.- The line is now fully repaired and the Bill Nye mill will be pounding out the precious metal again this week. Many tons of good milling ore are ready for the stamps. Plenty of Venison N(ear Gold Hill. GOLD HILL, Or.. Aug. 12. (Special.) Gold Hill hunters are getting plenty of venison, though they report that the deer ere unusually shy this season. J. B. Beeman, Thomas Dungey and F. H. Jamieson have just returned with a bag of four, having hunted a week at the head of Galls Creek. Many other parties are out, and reports from them indicate that they will not need a great deal of the bacon that Is always taken along as a precautionary measure, but Instead will have all the wild meat they can use while in camp, as well as a plentiful supply of "jerky' or sun dried venison. DEMAND GOOD Late Rally Lifts Wheat Prices at Chicado. VISIBLE SHARPLY LOWERED Market Is Steatly at the Closts Val ues In the Northwest Are Slrong. Elevators and Shippers In Need of Wheat. CHICAGO. Aug. 12. Decreases In the vis ible supply of wheat, together with a strong cash demand, brought about a late rally, overturning depressed conditions. The mar ket was steady at the close. Attempts to accelerate the movement of wheat, which Is slowly getting in transit, brought a sharp demand from elevators and shippers for arrivals and made the caBh market exceptionally strong. A decrease of 758,000 bushels in the visi ble Bupplv brought down the domestic In sight to 18.000.000 bushels, compared with 47,000.000 last year. Comparatively strong Northwest market helped to offset generally bearish conditions due to promise of enor mous yields and favorable weather. Pri mary receipts were large and cash sales - - - , .1 fJ- L-..k . ' 'orn closed steady at nearly the top fig ures. September oats dragged the market, al though the net decrease was not large. Firmness in the provision market was dis turbed by packers' sales, when high spots were reached. The close averaged from 2 to 5c higher than Saturday. October pork finishing unchanged at $17.92. The leading futures ranged as follows: WHEAT. Open. High. Low. Close. Sept $ .91 $ .92 $ .91 $ -92 Dec 91 .92 .91 .92 May 95 .96 .95 .9o CORN. Sept. .68 .69 .68 .69 Dec. 54 .54 .54 .54 May 54 .54 .54 .54 OATS. Sept -.31 .31 .31 .SI Dec 32. .32 .32 .32 May ' .34 .34 .34 .34 MESS PORK. Sept 17.80 17.S7 18.75 17.85 Oct. 18.00 18.00 3 7.85 17.92 Jan 18.45 18.50 18.42 18.50 LARD. Sept 10.67 10.72 10.65 10.70 Oct 10.77 H'.SO 10.72 10.80 Dec 10.50 10.52 10.50 10.50 Jan 10.50 10.50 10.47 10.J0 SHORT RIBS. Sept. 10.05 10.67 10.62 10.67 (Jet 10.63 10.67 10.62 10.b4 Jan 9.84 9.82 9.75 9.82 Cash quotations were as follows: Flour Steady. Rye No. 2. 6870c Barley Feed or mixing, 45?64c; fair to choice malting, 7-(&7oc. I Timothy seed $6. Clover seed 10'n'15. Pork Mess, $17.75i 17.87 . Lord In tierces, $10.25. Short ribs Loose, $10.12 10. 82. Grain statistics: Total clearances of wheat and flour were equal to 434.000 bushels. Primary receipt were 3.105.000 bushels, compared with l,3ob,- 000 bushels the corresponding day a year ago. The visible supply of wheat in the United States decreased 758.000 bushels for the week. The amount of breadstuff on ocean passage decreased 2. 296,000 buBhels. Estimated receipts for tomorrow: Wheat, 369 cars; corn, 176 cars; oats, 442 cars; hogs, 15,000 head. Grains at San Francisco. SAN FRANCISCO, Aug. 12. Spot quota tions: Walla Walla. S1.50S1.52: red Rus sian, $1.52 (ft 1.65; Turkey red, nominal; blue stem, $1.601.62: feed - barley. $1,203 1.22: white oats. $l.in(iri.t!; Dran, h.sk 4,26; middlings. $3te3t; shorts, $29.60 i 30. Call board sales: Wheat December, $1.45 bid, $147 asked per cental. Rarlev December. 1.23 bid. $1.25 asked per cental; May. $1.31 per cental. Minneapolis Wheat Market. MINNEAPOLIS. Aug. 12. Close: Septem ber, wheat. 9292c; December, 92c; May, 9(i97c. Closing: uasn: mo. i naru, ei.oo; i-q. i Northern. $1.06: No. 2 Northern. $1.04; No. 3 wheat. $1.00 1.02. Flax $1.83. Barley 37 Q 68c Puget Sound Grain Market. TACOMA, Aug. 12. Wheat Bluestem, 81c; club. 78c Car receipts, wheat 6 cars; hay 9 cars. SEATTLE. Aug. 12. Wheat Bluestem, 79c; fortyfold, 77c; club, 77c; Fife, 77c; red Russian. 75c. Yesterday's car receipts. wheat 4, hay 12. flour 6. oats 1, corn 1. European Grain Markets. LIVERPOOL. Aug. 12. Close: Wheat. Oc tober. 7s 4d; December, 7s 2 d.. Weather cloudy. English country markets firm; French country markets quiet. ViHible Supply of Grain. NEW YORK. Aug. 12. The visible sup ply of grain in the United States Satur day. August 1(1. as compiled by the New York Produce Exchange, was as follows: . . Bushels. Decrease. Wheat 18.0S3.0O0 678.000 Wheat in bond 1.355.0U0 484,001) Corn .-2.852,000 "401.000 Oats . 1,210.000 2l9.onn Oats in bond 127.000 41.000 Rve 244.000 M.0O0 Barley 295.000 43.000 Barley In bond sv.uou iz.uuu Increase. ill CHANGE OPPOSED POLK COUNTY PIONEER FOLK CLING TO DEURT. Resentment in Same Spirit as Would Greet Effort to Raze Nesmith Monument. DALLAS, Or., Aug. 12. (Special.) Native sons and daughters of Polk County are up in arms over the pro posed change of the name of Derry to Loganberry, Gooseberry or whatever kind of a "berry" it is proposed to change it to. They argue there is no need of making the change; that Derry is a Bhorter name and sounds better; that is is an old landmark, and, for sentimental reasons, if for no other, It should not be changed. Derry station is one of the histori cal landmarks of Polk County. It marks the early home of one of Ore gon's favorite sons, one of Oregon's greatest men, Colonel J. W. Nesmith. Polk County and the early pioneers of this county particularly and their chil dren are proud of the fact that this county produced such a statesman; one who cast such an influence over the affairs ,of this state during his life time. They consider a change of the name of this station in the same man ner as they would consider the tearing down of a monument erected in honor of Colonel Nesmith. Several of the old pioneers . of this county and some of their children have been interviewed and every one of them entertains the same opinion. The senti ment of those interviewed is well set forth by Dr. Mark Hayter, a dentist of this city and native son of Polk County, who gave the following statement: "Colonel Nesmith was of Irish de scent. When his people first came to this country and settled 'in the East they came from Londonderry. They settled in New Hampshire and named the place of their settlement Derry. Some of his people, including himself, came to Oregon -in the early '40s and took up a homestead in Polk County, near the present site of Rickreall. About 40 years ago the Southern Pa cific Railroad Company surveyed the UNITED STATES DEPOSITORY THE BANK OF CALIFORNIA NATIONAL ASSOCIATION OF SAN FRAXCISCO FOUNDED ltttM. Capital Paid in .....$3,500,000 Surplus and Undivided Profits $7,905,912 BRANCHES Portland, Seattle, Tacoma and Virginia City We buy and se.ll Foreign Exchange; Issue Drafts and Cable Transfers, Commercial Credits and Travelers' Letters of Credit available tn all parts of the world; make collections on all points and conduct a general foreign and domestic banking business. INTEREST PAID ON XT MR AND SAVINGS DEPOSITS. PORTLAND OFFICE Northwest Corner Third and Stark Streets CHAMBER OF COMMERCE BTJII.niNtl. WM. A. MAO RAE, Manager. J. T. BI RTCHAELl, Asst. MsnstCfi LADD & TILTON BANK Established 1859. Capital Stock $1,000,000.0( BurpluB 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 vorld. OFFICERS tv. M. Lstdd, Ptwldent. Robert S. Howard, Asst. Cash! Edward Cookincbam. Vttje-Pres. J. W. Ladd, Asst. Casbler. W. H Dnnckler, CaabUr. 'Waltsa- M. Osk, Ait Csushlcn. First National Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank West of the Rocky Mountains THE LARGEST STEAMER IN THE WORLD New 45,324 Ton OLYMPIC AMERICAN LINE New York Plymouth Cherbourg son i nam pi on. Atlantic Transport Line New York London Direct. RED STAR LINE vr York Dover Antwerp Paris WHITE STAR LINE w York Queenstown Liverpool New York I'lymoutn inerooursT Southampton. Boston Queenstown Llrerpool romn.nr's Office Room "B" Bailer Building. Seeond and Cuerry bts. Local ISailwuy and nresent line of the Portland-Corvallis Kailroad through the lands of Colonel Nesmith. Colonel Nesmith gave the railroad company a right of way and plenty of land for depot site and side- . In tnnclslarsitirin for these Kilts he merely requested that the name Derry De given to tns sii. "All other stations aiong me ivnu .v.. trtftirna fiL IhflV then ex isted) were named after the owners of the land on which tne station was lo cated. Beginning with Corvallis and nn.K thA fnllnwtnir Ktntions are named after people owning the land where the same were located: Lewis burg, after Lewis; Wells station, or Wellsdale, after Wells; Suver station, after the Suvers; Parker station, after the Parkers; then Derry; then Crowley . -i eAH ft V- n Prnwlpvl' then Mc- Coy. after the McCoys; then Carlton, after tne uarrs, anu o v" wr. i list. "Colonel Nesmith did not ask to have it named after himself. He wanted it named Derry, and so it was named, and so has It retained its name for these many years. This name pleased him. Out of respect to him and to his mem ory and to his wishes, 'he name Bhould not and must not be changed. To rcy mind the changing of this name now to any other name, no matter what the alleged circumstances are, would be like tearing down a monument, erecieu in fVi mpmorv of Colonel Nesmith. I am bitterly opposed to It." r., -,, .Via fir.it nna-rter of 1912 Curacao exported S0.ef2 dnsen Jipljapa straw hats, lnvntred at s:n.i:n. fORE bitulith'c pavement is beine laid in Pendleton, and it will be finished in time fr the Round Up. Call at Room 700 Journal Building for "Bitulithic Whys." ESTABLISHED 1894 sSnsincera Railway, Lighting, Power, Water, Gas, Irrigation Construction Operation . Reports 85 SECOND ST., SAN FRANCISCO. NEW YORK NEW ORLEANS SEPT. 7 NEW YORK Sept, 28 -Oct. 19 Nov. 9 Nov. 30 WHITE STAR-DOMINION Montreal Quebec Liverpool "MEGANTIC" & "LAURENTIC" Largest and Finest Steamers on bt. Lawrence Koute Only Four Days at Sea TO EUROPE IX COMFORT AT MOD ERATE RATES. Twin Screw S. S. "Canada" anil "Teutonic" ONE CLASS (Il CABIN tiEHVlCB THIHU CLASS CLOSKU ROOMS Baggago checked through to steamer In Bond. Embark night betors sailing. TC. hniel or transfer expense. Seattle, or Sleunislup ABeius. J.C.WILSON&CO. STOCKS, RO.VDS, OHAIX AND COTTON MliM ItliHS NEW YOIIK STOCK EXCHANGE, NEW YOKK COTTON EXCHANGE. CHICAGO 1II1AKD OF TKAUB, THIS STOCK AMI 11U.VD EXfUA-NGE, SAN FRANCISCO. PORTLAND OFFICE: Main Floor Lumbermens Bank Bldg. Fifth and Stark. Phones Marshall 4120. A 4187. Arch J. Tourtellotte Public Auditor Accountant Modern safeguarded accounting meth ods, factory and manufacturing costs, general office systems, audits, special izing industrial systems. 014 Veon Hiilldlna; Marshall 1986 Home A 11T1 TRAVELERS C.UIPE. San Francisco, Los Angeles and San Diego Direct S. S. Roanoke and S. S. Elder Sail Every Wednesday Alternately at J V. M. NORTH PACIFIC S. S. CO. 12 A 'Third St. rhones Main 1314. A 1311 COOS BAY LINE STEAMSHIP BREAKWATER Sails from Alnsworth Dock, Portland, at S A. M., July 24, 29; August 3, 8, 13 18, 23, 28. Freight received at Ainsworth Dock daily up to 5 P. M. Passenger fare first-class, $10: second class, t, including berth and meals. Ticket office Ainsworti? Dock. Phones Main 36U0. A 233-. EXPRESS STEAMERS FOR Ban Francisco and Los Angeles WITHOUT CHANGE 6. S. ROSE CITY. 8 A. M., August 15. THE SAN FKAN. PORTLAND 8. 8. CO. Ticket Office 142 Third Street. Phone Main 1!RI&. A 1402 LOS ANGELES AND SAN DIF.GO STEAMSHll'S YALE AD HARVARD Railroad or any steamer to San Fran cisco, the Expo City. Largest, fastest, and the ONLY strictly first-class pas senger ships on the Coast. Average speed 28 miles per hour; cost $2,000, uuU each. SAN FRANCISCO, PORTLAND fc L. A. S. S. CO, Main 628. Frank llollam. Agent. A 459f VIS Third treet. AUSTRALIA AND NEW ZEALAND (Vnlon Line of N. Z.) SYDNEY VIA TAHITI AND WELLINGTON Direct through steamers, sailing from San Francisco Aug. 21, Sept. 18 and every 2 days. The line to Isles of the South Seas. For reservations see Coupon Railroad AgentF or address Hind. Rolph Co.. general agents 671) Market at.. San Francisco. Drain to Coos Bay Auto Every Day. Wire Reservations) t O. MATTOON, Drain, Or. Sails from