c
rt
THE MORNING OREGONIAN, -FRIDAY- AUGUST, 16, 1913.
TREND IS UPWARD
Hop Prices Are Unchanged
With Bearish Tone.
WEATHER HAS ITS EFFECTS
Keiorts From England Indicate
Crop Will Not Be as Heavy as at
Firt Supposed Local
Fields Unaffected.
With unfavorable weather condition! In
both England and America there is a decided
upward tendency in the hop market. How
ever, prices remain unchanged. The market
is firm at the established figures, though.
and if any change takes place it will be to
advance, especially in the face of late re
ports from abroad.
Recent estimates from European hop deal
era place the estimated probable crop of
England 5 per cent lower than the esti
mates made three weeks ago. It Is not
likely that the Brltisn crop will go beyond
Sin.OOO hundredweight.
Vines in New York State are said to be
badly affected with vermin and the recent
weather there has not helped the crop any.
However, the Oregon crop has not suf
fered yet. The recent rains have not dam
aged hops here. Some growers say the wet
weather has been beneficial. It has washed
them off. they aver, and will leave them in
excellent condition for picking If more fa
vorable weather presents Itself In the re
maining few weeks previous to the opening
of the picking season.
Vnder this situation local dealers are
playing a waiting game. So are the farmers.
Few sales are being made. Those that have
teen made In the last few days are at cur
rent prices.
Spot hops have virtually disappeared from
the market. They are selling, or have been
sold, at figures- averaging about the same
as the 1M2 crop.
FlOlTt TRICES DIE FOB DROP.
Shading in Patents May Be Followed by
Further Cut".
An apparent uneasiness in the flour mar
ket has developed and it would not be
surprising to see further cuts in prices
within the next few days. It Is understood
that a reduction of 20 cents in patent flour
will be made by all the Northwestern mills.
'In fact there has been considerable shad
ing already. This is due to a desire to
move all the old stock before the 1912
grain comes onto the market.
The scare over the high price of bags
that existed a few weeks ago is abating
somewhat, but prices are still too high to
be comfortable for the small buyers. Yes
terday's sales were made at 11 cents, but it
Is probable ihat the market will go even
lower within the next few days.
Loral receipts In cars were reported hy
the Merchants' Exchange yesterday as fol
lows: Cars Wheat. Barley. Flour. Oats. Hay.
Monday 59 IS .. 14
Tuesday " 7 2 2
Wednesday .... 'i 3.1 2
Thursday ...... Irt 3 1 .1
Year ago ...... 3 - 2 7
Season to date 56t B4 27:: fil 2n
Year ago . ..3-3 37 3 H14
Oats Buyer In Tom.
C I.. Jenks, representing the Quaker Oats
Company, of Chicago, arrived in Portland
yesterday and will be here for a few days.
.While Jenks Is on a vacation trip he will
study the local market situation to make a
report to his firm when he returns. The
local prices, he says, 'are prohibitive. ' Oats
grown In the Middle West are much
cheaper, which therefore limits purchases
by the breakfast food concern to that ter
ritory. Celery Market Flooded.
Ever grocer and commission man -has
an abundance of celery these days and sales
are being made at almost any price. Farm
ers are persisting in sending celery to the
market, and many of them are dissatisfied
over the inability to realize better prices.
Commission men advise them to withhold
their shipments until the market strengthens.
Peaches Takf Jump.
Ripe fr?estono peaches took a sharp
advance yesterday. The best quotations
were S3 cents. Some fair peaches sold at
75 cents. A lot of good peaches for can
ning purposes still are to be had .at Co cents.
There Is a little lull In the market now
pending the arrival of the home-grown fruit
Bhipments from California will be few from
now on. '
More Bananas Arrive.
Four more carloads of bananas arrived
n Front street yesterday morning. Thcy
are finding ready sale nt current prices. In
epite of the steady supply of deciduous fruits
the banana market has remained active.
There is a steady demand. Yesterday's ship
ments cams from New Orleans.
New Sweet Potatoes lue.
. A carload of sweet potatoes is on Its way
to Portland. It will arrive here In time
for distribution Saturday. These sweets
have been grown In California. There has
been a noticeable demand for sweet potatoes
in the last few days.
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as follows:
Clearings. Balance?.
Portland $1.B7,.",S10 $100,575
Seattle 2.117.ini l.ri7.Sr8
Tacoma. U7.211 47, loo
Spokane ............... 00S.43U 45,115
PORTLAND MARKETS.
Grain. Floor. Feed, Eta.
WHEAT Track prices, new: Club, 76c;
bluestem, 79c; fortyfold, 77c: Valley, 78c
FLOUR Patents. 4.754.0 per barrel;
straights. J4.T0: export. $4.20; Valley. Ia.10.
BARLEY Spot. t:t.50tl25; futures,
$23.50 $3, 24.
MILLSTUFFS Bran. 23 per ton;
thorta, f-'8; middlings. 132; rolled barley,
2.
HAY Eastern Oregon timothy, $15: Val
ley timothy, $1213; alfalfa. ll'tf l'-'; clover,
$10: oats and vetch, flu 11; grain hay.
1011.
CORN Whole. 138: cracked. $40 per ton.
OATS Spot, $2C per ton; futures, $24.50.
Vegetables and Fruits.
FKESIl FRUITS Apples, new. $191.75
per box: peaches. 3&S75c per box; plums,
75ct;el-lt per box; pears, $1.20&1.50 per
box: apricots. $1.25 per box; grapes. 65c
$1.75 per crate; blackberries, 50cQ$l per
crate.
TROPICAL FRUITS Oranges. Valencia.
$3.504; California grapefruit, $4.80;
lemons. fSQUt per box; pineapples, $o par
pound.
-MELONS Cantaloupes. 50c Q$ 1.50 per
crate: watermelons, Si & 1.1.' per hundred.
D-VIONS Walla Walla. 0cigl per sack
POTATOES Jobbing prices: Burbanks.
new. ttoftDOc per hundred; sweet potatoes,
4 c per pound.
VEGETABLES Artlchoke-l. 65l975o pet
dozen; beans, 2c; cabbage. lfflo per
pound: cauliflower, $l$tl.25 per dozen: cel
ery. 75ft S."ic per dozen; corn, 15&25C per
dozen: cucumbers. 50c per box: eggplant.
7 irJ0c per pound: head lettuce, 2025c
per dozen: peas. 8 3 9c zer pound: peppers.
$3 10c per pound: radishes. 15 20c per
dozn: tomatoes. 50 75c per box; garlic
SgMOe per pound.
SACK VEGETABLES Carrots. $1.50 per
sack; turnips. $1.25 per sack; beets. $1.50
per sack.
Staple Oroccrles,
PALYON Columbia River, one-pound
tails. $2.25 per dosen; eight-pound tails
$2.65; one-pound flats. $3 40; Alaska pink,
one-pound talis, $1.25.
per pound.
HONEY Choice. $3.75 per case; etralntd
honey. 10c per pound.
NUTS Walnuts. 16fl6tts pee pound:
Brazil nuts. 12Hc: fhberts. 14013s: al
Bonds, 17 21c; peanuts, 606tfc; cocoanuta.
90c IJ$1 per dosen; chestnuts. 12He per
pound; hickory nuts, 6410c per pound.
SALT Granulated. $15 per ton: hair,
ground. 100s $7.50 per ton; 50s. $8 per ton
BEANS Small white. 5.40c: large white
5.20c; Lima, 6?c; pink. 4.15c; Mexicans,
4e: bayou, 4fcc. .
RICE No. 1 Japan, Be; cheaper grades.
665c; Southern head. M?7Hc
SUGAR Dry granulated. $5.S3: fruit ana
berry, $3.SJ; Honolulu plantation, $o.0;
beet. $5.65; extra C, $.1.35; powdered, bar
rels. $H. 1; cubes, barrels, $0.25.
DRIED FRUITS Apples, 10c per pound:
apricots. 12814c; peaches. 8llc; prunes.
Italians, 8ft 10c; sliver. 18c; figs, white and
black, 6S47c: currants. 94c; raisins, looss
Muscatel. H7Hc: bleached Thompson,
ll4c; unbleached Sultanas. SVjc: seeded. 7H
S8ijc: dates. Persian. 8c per pound; Fard.
$1.60 per box.
Dairy and Country Produce,
EGGS Case count. lie: untiled. 10!
tras. 27c per dosen.
BUTTER Oregon creamery buttsr. cubes.
81c per pound; prints. 82 He per pouno.
CHF-ESE Triplets and daisies, 17e P
pound: voung Americas, 1SV4C per pound.
PORK Fancy, 11V4C per pound.
VEAL Fancy. 144'Sl.'ic per pound.
POULTRY Hens. 13fi-13tc: broilers. 15
lc; ducks, young, lie 12c; geese. 10llc;
turkeys, live. 18620c; dressed, 2.4 2 5c
Previsions.
HAMS All sizes. 1718c: picnics, 12c;
cottage roll, 12 fee
BACON Fancy.- 26 27c; .choice. 20M.
DRY SALT MEATS Backs, dry salt. 11H
5 12HC; backs, smoked, 136 14c; exports,
dry salt. 12 c; smoked, 14c.
LARD Tierce basis, choice. 18Ke; com
pound. aAc: loaf, three-pound palls. $-
per esse.
ITSrTT T.l VfOTTO TMva fMf VltS. S1.39,
sliced beef, Insldes. $28 per esse: Irled beet
inaides. 25c per pound; bologna, canvas
back. 10Hc; minced bam. 12c
Hops. Wool and Hides.
HOPS 1S12 contracts, 1920c; 1911
crop, nominal.
MOHAIR Choice, 82e per pound.
WOOL Eastern Oregon, 1418e per
pound according to shrinkage; Valley, 21
22 Vc per pound.
PELTS Dry, 18c; full wool butcher pelts.
ll.25fll.75: shearlings, 2H-S50C
HIDES Salted hides. 11 12c ner pound:
salted calf, lSlc; salted kip, ll12c;
green hides. 11c; dry calf. No. 1. 25c; No.
2. 20c; dry hides, 1311c salted stags, TA
ec; green stags, OHSjTc. .
CASCARA Per pound, 4S5c; carlota, 5
5 Vic.
GRAIN BAGS Spot. In car lots, 11c; 1913
bags, nominal at 7 7 Vic.
Linseed oil and Turpentine.
LINSEED OIL Raw. barrels. 76c: boiled,
barrels, 78c; raw, cases, 81c; boiled, cases,
83c
TURPENTINE Cases, 63c; barrels, 60c
FINE CALVES ARE SOLD
PRICES REMAIN" POWX BEST
SALE BEIXG AT $8.
Cows and Steers Fail to Bring Bet
ter Than Moderate Figures.
"o Hogs Offered.
Calves were a dominant factor In the
local livestock market yesterday. They
were of only a fair grade and brought only
fair prices. The principal sales of veal stock
were at $7. although a pair of choice fellows
brought $S. On the other hand, one sale
was as low as $0.50.
Choice cows went up to $ yesterday, but
the average sales of beef stock held down
to from $4.50 to $5.30. Steers went at about
the same figure.
There were no hog sales yesterday. The
moderate run of hogs the previous day did
not make their absence felt yesterday.
Receipts yesterday were 74 cattle, 4
calves. 67 hogs and 21 horses.
Among the shippers were J. E. Smith.
Baker, 1 car of horses: R. D. Shoot. Dur
kee. 1 car of cattle; W. H. Harris. Scdro
Wooley, Wash., 2 cars of cattle and sheep,
and Sevier A Weed, by boat, 87 hogs.
The day's sales were:
Weight. Price.
4 yearling steers 12 $5.50
1 cow
1 calf . K'O
1H calves
1 yenrilng steer .............. ";
2 calves ......-.... 245
1 calf - 200
3 cows :"t '
4 cows 10!W
4 cows ..--.....-. .1127
10 cows . . "s::
1 steer ....1100
5 steers 1l7l
23 steers . . . 10H7
15 steers IH4K
1 steer ...........-.- lOHti
1 steer 1:!2
3 cows ..............ll't
1 cow 120
l cows 1021
3 cows 's(
1 cow 7.-.O.
4 cows ......-.... i"1''
2 cows ll'"
.1 cows I""'
2 cows l7-
1 hull !
1 bull 13H
vpArtlne- sheeo ............. M
The range or, prices at me yurua wm
follows:
Choice steers $6.7;$7.00
Good ste-rs 6.00 6.50
Medium steers ................. n.i-m oy
Choico cows S-i5w
Good cows . .. ...... B.uOftf 5.75
Medium cowe S i'"' S
Choice calves 7.00k 8.50
Good heavy calves 6.oow 6 ji
Buils 3.50W 5.00
ftap. 4.75 6.0
Llcht8-. bO0 9.00
Heavy T-5
YearlmgT 5??? f-J?
Wethers - ?.-2VS Z
Ewes fyw
Lambs 4 UU' -
4.50
7. no
7.00
5.50
8.00
.50
6.00
4.50
5.25
5.75
6.00
H.50
7.00
6.00
0.50
0.50
4.50
5.O0
5.50
5.00
4.50
11.33
4.00
8.50
Chicago Livestock Market.
CHICAGO. Aug. 15. Tattle Receipts.
50(11": market, steady to strong, neeves. .i.u
.niii. T..,u steers. $."i Hi 6.D0 : Western
steers, $6.23 0.00; stockers and feeders. $4!0
7.10: cows ana Jicncr, a.-", t.. .
$0,50 . 9.75. ,,,.-. t. ..,.
nogs rveceijuo, iiin.n., d.......
hi.h,, r.itrht fi.lofr-K.70: mtxea. si.iU'f
8.70: heavy, $7.551 8.55; rough, $7.551 7.80;
Pigs. $UJ.2.i; OUIK OI sates.
Sneep rseceipts. ii,i.iv.-i.,
shade lower. Native. $3.15"i 4.40J western.
$3.33 lit 4.60; yearlings. ...vfi .., '"'"
native, $4.25 & 7.20; Western, $4.25 i. 2 j.
Omaha IJvestock Market.
SOUTH OMAHA, Aug. 15. Cattle Re
ceipts. 2200; market, steady to lower. M
tlv.. steers. 3.25itf 10.S5; cows and heifers.
$3.50i7.2.": Western steers, $5&8.50; Texas
steers. $4.50i 6.30; range cows and heifers.
$36.30; canners $;:.i0(tr .::.: siocucrs ana
feeders. $4S7; calves. $4.258.25; bulls,
stags, etc.. $:t..5j5.65.
Hon Receipts, moo: mantei, strong.
Hphw I7.I0(ii 8.20: mixed. $Sjj8.20; light.
$Sfts";(3; pigs, $6.507.50; bulk of sales,
$S4i S.20.
Sheen Receints. S800: market, steady to
loner. Yearlings. $4.50!ft3.25; wethers, $3.50
4.50; ewes, $36 4; lamos, ..-oa' i.au.
SAX FRANCISCO PRODUCE MARKET
Prices Quoted at the Bay City for Vege
tables, Fruits, Etc
SAN FRANCISCO. "Aug. 15. The follow
ing produce prices were current here today:
Fruit AoDles. choice. !i0cfri$l: common.
604i75c; Mexican limes. $55.50; California
lemons, choice, $6; common, $2; pineapples,
$l.."lli! 2.50.
neese Young America, -i.'ict
Butter Fancy creamery, 83c.
Eggs Store, 24c: fancy ranch. 30c.
Vegetables Cucumbers. 15635c: garlic
22&3H:C; green peas. 3t?5c: string beans.
.tcfy S1.2.; tomatoes. oflg'Ooc; eggplant.
35u05c; onions, Oofc 65c,
Hhv Wheat 2i.5o: wheat and oats.
$1!"'20: barley. $14&17: alfalfa, $ll13.50.
ItcceiptS r lour. rfO. qunnri rtwuivo,
wheat, 5.M centals; barley. 4425 centals;
oats. 2.VJU centals; potatoes. 3020 sacks;
bran. 4:i6 sacks; middlings, 15 sacks; hay,
S00 tons; wool, 198 bales.
Coffee and Sugar.
NEW YORK. Aug. 15. Coffee futures
closed barely steady, net one point lower to
eight points higher. Sales, 160.500 bags.
August. l.4uc; septemoer. ii.-nc; Octo
ber. 12.40c: November. 12.51c; December,
12.50c; January and February, 12.5sc; Mar-
nail, ij.ic; April, i.t4c; Aiay, i-.uoc.
June. 12.i:4c: July, 12.60c
spot easy. Rio, 7s 14d: Santos, Jon o.
Mild dull. Cordova, 16617c.
Naval Stores Market.
SAVANNAH. Ga.. Aug. 15. Turpentine
Firm. 4"WS41c. Sales. R7; receipts. 1100;
shipments. S; stocks, 40.700.
Kosln irm. sates, -oo: receipts, .mm;
shipments, none; stocks. 120.900. Quote:
B, s..i 'n 6.30: U. $6.4.1: 1J. sc.t; r-.
$6 57 46.60: G. $6.60; H. $6.60: I. $6.60
65: K? $.SOti6.P5: M. $7: N. $7.10to7.30:
WG. $7.50f97.55: WW. $7.757.90.
Wool at St. Louis.
ST. LOUIS. Aug. 15. Wool Steady. Ter-
rorltorv and Western mediums. 20A24c; fine
mediums. 18f20c; fine. 134) 17c.
Hides, Etc, at New York.
NEW YORK. Aug. 15. Hides and petro
leum stesdy.
CANADIAN GOES UP
Proposed Stock Increase
Causes New Record.
GENERAL TONE IS HEAVY
Hill Shares and Other Kail Issues
Show Reactionary Tendency.
Copper Stocks Are Strong
est of Bay.
NEW YORK. Aug. 13. More liquidation
and short selling of the better-known Is
sues figured importantly in today's opera
tions on the stock exchange. The tone
was reactionary when not absolutely heavy,
particularly in the Hill shares, Union Pa
cific. St. Paul, New Yorie Central and
United States Steel. Canadian Pacific again
made a new high record, resulting In part
from the company's proposed stock Increases.
Only the copper and kindred shares mani
fested genuine strength and these yielded
in the final hour, when the selling at
tained larger proportions.
Final prices not only obliterated all early
gains but left a number of material net
losses.
The Bank of England strengthened its
liability reserves and total reserves while
building up its gold holdings by about $6.
000.0 00. The monetary situation pointed to
greater ease
Bonds were irregular, except Wabash 4s,
which were buoyant.
Total sales, -par value, amounted tt $1,
$11,000. United States Government bonds were un
changed on call.
CLOSING STOCK QUOTATIONS.
Closing
Sales. High. Low.
1,700 85 84
300 60T 60i
1,000 71H 71
7,806 41 4014
- 100 110 11IIV4
1,400 61 it M
200 54 54
400 26 26
AmaJ Copper ..
Am Agricult .,
Am Beet Sugar,
American Can ..
do preefrred. ,
Am Car & Fdy..
Am Cotton Oil.,
Am Ice Sucuri. ,
Am Linseed
Am Locomo'.ive. 1,300
Am Smel & Ref 7,100
do preefrred.. 190
Am Sugar Ref.. 40t
Am Tel & Tel.. 800
Ain Tobacco ... 400
Anaconda M Co. 6,800
Atchison D.600
do preferred........
Atl Coast Line.. 200
Bait & Ohio . . .. 2.30O
Bethlehem Steel 3.S00
Brook R Tran.. 2,300
Canadian Pac .. 11.400
Central Leather 3,300
Ches & Ohio . . . 9,200
Chi Gt Western. 400
C M & St Paul. 2.400
Chicago Ac N W 1,100
Col Fuel & Iron. 600
Cousol Gas .... 1,800
Corn Products.. 2.3U0
Del & Hudson.. 500
D & R Grande........
do preferred.. 300
Distillers' Secur 700
Erie 19.700
do 1st pf .... 1,300
do 2d p ....f 400
Gen Eluctric ... 900
Gt North pf .... 4.700
Gt North Ore ,. 10,700
Illinois Central. 100
Interbor Met ... 1,000
do preferred.. 1,000
Inter Harvester. 600
Inter Marino pf . 300
Int Paper .......
lnt Pump ..... 600
K C Southern .. 1.800
Laclede Gas .... 100
Lehigh Valley .. 8.20O
Louis & Nash . . 2,100
M. S P & S S M 600
Mo. Kan & Tex 1,400
.Mo Pacitic 11.000
Nat Biscuit .... 300
National Lead .. 500
N Ry Mex 2 pf
N Y Central ... 2,300
N Y. Ont & Wes 1,200
Norfolk- & "West 200
North American 200
Northern Pac .. 13,000
Pacific Mall 100
Pennsylvania ... 2.600
People's Gas ...
P. J C & St L..
Pittsburg Coal ..
Pressed S Car. .
Pull Pal Car
Reading
Rep Iron & Steel
do preferred..
Rock Island Co.
do preferred..
St L & S F 2 pf
Seaboard Airline
do preferred..
Sloss Sheffield ..
Southern Pacific
Southern Ry ...
do preferred..
Tenn Copper . . .
Texas Pacific.
Union Pacific ..
do preferred. ...... .
U S Realty ... 200
U S Rubber .... 1.000
U S Steel 6S.SOO
do preferred.. l.fioO
Utah Copper ..
Vn-Caro Clem ..
Wabash
do preferred..
Western Md . ..
Western Union
Westing Elec . ..
Wheel & L E .
30O
300
7.400
1,100
300
45.80O
1.000
700
1.900
.".00
1.1O0
200
500
3.200
2.70
,soo
23,000
1.O0O
200
sno
500
2.4IPO
3.200
2.400
46
87
108
128
146
283 -
43
110
147
100
40
93
283
30
83
100
144
32
147
16
172
39
33
38
56
46
183
143
47
131
20
60
123
18
'28
27
107
173
160
154
29
39
137
59
118
33
118
83
131
32
125
118
110
27
37
165
172
28
90
27
02
35
24
54
59
113
30
81
43
23
174
"S3
52
74
113
64
48
4
15
56
84
87
45
Sli
108
128
145
279
42
109
146
109
39
92
280
29
82
18
107
143
32
146
13
172
3""
33
37
55
45
182
141
46
131
20
50
123
18
27
27
107
172
169
153
29
38
130
'39
117
33
118
83
130
32
124
118
110
25
37
165
170
27
00
27
52
35
24
53
58
113
30
81
43
22
173
'83
73
113
63
48
4
14
r.t
83
87
Bid.
84
60
71
40
119
60
54
25
13
45
86
108
128
145
178
43
109
102
145
108
39
92
281
29
82
18
107
143
31
146
15
170
22
39
33
38
55
45
182
142
46
131
20
59
123
18
16
28
27
107
172 -167
152
29
38
136
59
31
117
. 33
"118
83
130
32
124
117
109
25
37
364
171
27
89
26
52
1)5
23
53
57
113
30
81
42
22
173
90
83
73
113
63
48
4
14
56
84
87
5
Total sales for the day, 463,100 shares.
BONDS.
Furnished by Ovcrbeck & -Cooke Co., of
Bid. Asked.
114 .....
Portland.
Amer Tel &. Tel conv 4s. .
American Tobacco 4s. .... 06
American Tobacco 6s. ..121
Atchison general 4s.. 96
Atchison conv 4s. .110
Atchison adj 4s stamped 89
Atchison conv 5s 110
Atlantic Coast Lino cons 4s.... 94
At coast Line "L & N coll" 4s. 95
Baltimore & Ohio 3s 91
Baltimore & Ohio 4s 97
Brooklyn Rapid Transit 4s 93
ran Southern first 5s. ........ .100
Chesapeake & Ohio 4 99
C 1! (i g gen mtg 4s . 95
C B & Q Joint 4s 9
C B & li Ills 4s 99
C B & Q Denver 4s. 95
Central Pacific ilrst 4s 94
Chicago & East Ills 4s 77
Chicago R I & P ref 4s 88
Chicago Jt I & P Col trust 4s.. 69
Colorado Southern first 4s... 9;
Denver & Rio Grande 4s 84
Delaware A Hudson conv 4s.... 98
Erie first cons P L 4S-. ... . 89
Int Met 4s 81
Japanese 4s 84
Japanese first 4a. . , , 91
Japanese second 4 s.. . ... 90
Louisville & Nashville unl 4s... 97
Mo Kan & Tex 4s ....
Missouri Pacific 4s 70
New York Central 3s 86
New York Central L S 8s.... 80
New York City 4s "3
New York City 4s of 1957. ...105
Norfolk A Western conv 4s. ....117
N Y Ont & W 4s ....
Northern Pacific P L 4s....... 9S
VnMh,m TJu ci f if. 'As 6H
Oregon Short Line 4s.......... 92
Oregon Ry & Nav 4s........... 93
Penna Ry 4s of 1948 103
Philippine Railway 4s.......... ....
Reading general 4s
Republic of Cuba 5s.. 103
Southern Pacific first ref 4s.... 94
Southern Pacific col 4s. ........ 89
Southern Railway 4s 8
St L A S F ref 4s 78
Union Pacific first 4s..... ...loo
Union Pacific conv 4s 103
Union Pacific ref 4s
United States Steel S F 5s 102
United States 2s registered 100
United States 2s coupon... 100
United States 8s registered 103
United States 8s coupon. ...... .102
United States 4s registered.. ...113
United States 4s coupon. . .113
United Railway S F 4s 6;
United Railway St. L 4s....... 75
Wabash first 4s 67
Western Union 4s... 97
Westlmshouse conv 5s.. 85
Western Pacific 5s. ........... 82
Wisconsin Central 4s. ......... . 91
West Shore 4s 8
96
110
90
110
95
95
91
97
93
10O
100
95
96
99
95
95
8S
69
9
90
82
87
98
86
71
87
81
93
100
118
92
98
69
93 .
93
104
86
96
103
94
90
78
79
100
104
6
102
101
101
102
102
114
114
65
6S"
98
96
82
92
100
Stocks at Boston.
BOSTON. Aug. 15. Closing quotations:
Allouer 45 IMohawTt 68
Amalg Copper.. S4INevada Con 22
A 7. I, sm... 30;Nlplsslng Mines. 7
Arizona Com .. 5 North Butte 30
B A C C SM. 30 North Lake o
Cal A Arizona. . 76 Old Dominion... 68
Cal A Hecla.... 335 Osceola 118
Centennial 22;Quincy 92
Cop Ran Con Co 58 Shannon 6
E Butte cop at. i3ui'ciii
Franklin .......
Glroux Con .... 5
Granby Con ... 55
3reene Cananea. 10
I Royalle (Cop) 35
Kerr Lane...
Lake Copper.
Tamarack 43
U B 6 R M... 45
do preferred... 40
2il'tah copper Co". 63
L.BKO '. opper.... oo r,. ........
La Salle Copper 6wolverine ...... 106
Miami Copper... 29
Money, Exchange, Etc. -
NEW- YORK, Aug. 15. Money on call
stesdy. 2 3 per cent; ruling rate. 2 per
cent; closing bid. 2; offered at 3.
Time loans easier; 60 days, 3 3 per
cent: 90 days, 4 per cent; six months, 4i
4 per cent.. Prime mercantile paper, 5
Til, ner eetil.
Sterling exchange steady with actual busi
ness in bankers' bills at $4.8450 for 60-day
bills and at $4.S70 for aemana.
Commercial bills. $4.83.
Bar silver, 62 c.
U.Tl,,, rlnllur. -IS XL C
Government bonds steady; railroad bonds.
irregular.
LONDON. Aug. 15. Bar silver uncertain
2Sd per ounce.
Monev laiiffi ner cent.
The rate of discount in the open market
for short bills is 3 per cent; for three
months bills, 3 per cent.
SAN FRANCISCO. Aug. 15. Sterling on
London Sixty days. $4.84; ao, signt,
$4.87.
Silver bars 61 c.
Mexican dollars Nominal.
Drafts Sight, 2 per cent: do, telegraph,
4 aer cent.
Metal Markets.
NEW TORK, Aug. 15. Copper quiet and
easv. Standard spot and August, 17 fa 17.50;
September. 17 17.25; October, 17& 17.35;
electrolytic, 17&17; lake, lioi'c;
casting. 1717.
Tin dull. Spot and August, 4o.5046.00;
September, 45.25 fff 45.75.
Lead steady, 4.40 to 4.60.
Spelter quiet. 6.90 7.00.
Antimony quiet. Cooksons, 8.60. '
Iron steady, unchanged.
Copper arrivals at New York. 530 tons:
exnorts so far this month. 10.685 tons.
London copper dull. Spot 78 3s l)d; fu
tures, tin za tia.
London tin, f207 10s for spot, 205 for fu
tures. London lead. 19 7s 6d.
London spelter. f26 10s.
Iron, Cleveland warrants, Clsld in Lon
don. Condition of the Treasury.
WASHINGTON, Aug. 151 At the begin
ning of business today the condition of the
United States Treasury was
Working balance In Treasury of
fice. . S 95.621.780
In banks and Philippine treasury 33.soa.502
Total of general fund ioi.uas.J-i
Receipts yesterday ............. 2,440,165
Disbursements . wos.oii
Surplus to date this fiscal year is io,
862, as against a deficit of $23,568,512 at
this time last year. -
These figures exclude Panama Canal and
public debt transactions.
Chicago Produce Market.
CHICAGO. Aug. 15. Butter Steady;
creameries, 2224c; dairies, 21fe23c.
jsggs nrm; receipts. cases t- jimm.
cases Included, 16c; ordinary firsts, 17c;
firsts. 19c.
Cheese Steadv; daisies, 10S15c:
twins. 1415c; Young Americas, 15S
15c; long horns, 1515c.
Dried Fruit at New York. -
NEW YORK, Aug. 15. Evaporated ap
ples quiet.
frunes, irregular.
Peaches, barely steady.
New York Cotton Market.
viw VDTtTf Aiie. 15. Cotton closed
steady at a net advance of 3 to 8 points.
NEW ORLEANS, Aug. 15. Cotton
Middling, 11 13-16C.
Flax at DuluLh.
DULUTH, Aug. 15. Closing: Linseed, on
track and to arrive, $1.84; September, $1,711
bid; October, $1.71; November, $1.69 bid;
December, $1.68. nominal
Wool at St. Louis.
ST. LOUIS. Aug. 15. Wool Steady: me
dium grades, combing and clothing, 23)
2tfc; light fine. 9(21c; heavy fine, 1318c;
tub washed. 2635j.
Sugar at New York.
NEW YORK, Aug. io. Raw sugar firm;
Muscovado, 89 test, 3.55c; centrifugal, 96
test, 4.05c; molasses, 89 test, 3.30c. Re
fined, quiet.
Hops at New York..
NEW YORK, Aug. 15. Hops easy: state
common to choice 1911. 2126e; old olds.
9614c; Pacific Coast 1911, 21&2c; old olds,
9 15c
BETTER FAIR PLANNED
SECOND EASTERN" OREGON DIS
TRICT SHOW PROMISING.
More Money Available for Premiums
and Highest Grade ot Attractions
Expected at The Dalles.
THE DALLES. Or., Aug. 15. (Spe
cial.) The annual fair of the Second
Eastern Oregon District Agricultural So
ciety, embracing Wasco and Hood Hlver
counties, will be held in The Dalles,
October 1. 2. 3, and 4, and promises
to surpass anything of the kind ever
attempted in this section or the state.
The record-breaking grain and fruit
crops of the present season, more
money available lor premiums ana a
higher grade of attractions, the general
prosperous conditions which prevail
throughout this section and more at
tractive grounds, are some of "the rea
sons why this year's event la certain
to be a record-breaker.
Previous to last year the fair attrac
tions .were divided between the Driv
ing Park, where the horse races were
pulled off, and the business section ,of
the city, wnere temporary pavilions
were erected each year for the various
exhibits, and where the carnival amuse
ments held sway. The Dalles Driving
Park Association, In 1911, built a beau
tiful exhibit pavilion and auditorium
at the Driving Park, a large commo
dious structure with an attractive
pebble-dash outside appearance, also
constructing sheds for the housing of
stock, poultry, etc., and for the first
time In the history of Agricultural
Society all of the fair was seen at the
Driving Park last year.
One of the important features oi
the 1912 event will be the improvement
to the grounds. Lawns and trees have
been planted and hundreds of dollars
expended in making the grounds sur
rounding the buildings erected last
year more beautiful.
Even at this early date tne livestocK
sheds are being reserved for exhibits
of hogs, cattle, horses, sheep and goats.
It is expected that the displays of fruit,
vegetables and grain will fill the dis
play building to capacity.
The lair directors are considering
booking a first-class one-ring circus as
one of the big attractions, which will
include strong s vaudeville turns. The
racing programme will be larger than
ever before attempted and more and
faster horses are coming to compete
on the track, which is one -of the best
courses In the state.
The school children s Industrial ex
hibits will be interesting features. The
boys and girls will compete for prizes
on the following: Field corn, sweet
corn, popcorn, pumpkins, watermelons,
squashes, potatoes, cabbage, grain se
lections, bird houses, pieces of fur
niture, mechanical toys, labor saving
device, darning, aprons, dresses, asters,
sweet peas, chickens, ducks and pigs.
COMPLAINT- CAUSE GONE
Dcnham Kanch, Undermined by
Cloudburst, Halts Action.
SALEM. Or., Aug. 15. (SpeciaL)
Roy A. Denham. of Weatherby, who
several weeks ago complained to the
State Railroad Commission that the O.
W. R. & N., was failing properly to
fence its tracks contiguous to his lands,
has no further reason to complain, ac
cording to information received by the
Railroad Commission.
It Is not because the fencing has been
Improved, but from the peculiar fact
that the Denham ranch, which existed
a few weeks ago exists no longer.
Denham still owns the place where tne
ranch used to be, but the ranch Is
zone. In the recent cloudburst in that
vicinity, the water completely under
mined his ranch and left it in such a
condition that . he states he will not
return to reside there.
Twenty-seven Zapatistas Killed.
CUERNAVACA, Mexico, Aug. 15.
Twenty-seven partisans of Zapata were
killed yesterday In a fight with a de
tachment of federal troops commanded
by Colonel Jiminez Castro, at Trelnta,
y 5 -miles south of here.
ALL GRAINS RISE
September Corn Alone Has
Bearish Tendency.
CASH DEMAND IS STEADY
Trading Reported Along Conserva
tive Lines Oats Has Firm Un
dertone Heavy Corn Re- .
!eip.ts Expected.
CHICAGO. Aur. 13. Grain, with the ex
ception of September corn, showed moder
ate gains today.
Early advances in wheat, stimulated in
part by stronger cables, were met by
lighter forelg-n demands and weaker North
western markets, causing a larger falling
off. Northwestern millers reported sales of
mnch flour and millers' demands slackened.
A steadying influence was the cash de
mand, which was principally met by com
mission selling.
Prospects of larger receipts had a bear
ish effect on September corn, and evenlng
up trades predominated.
Export demand of good proportion and
lighter arrivals gave oats a firm under
tone. The close was steady at near the
top.
Provisions showed moderate advances.
Trading was within conservatle limits in
provisions and prices held through the day,
closing steady, near the top.
The leading futures ranged as follows;
WHEAT.
Open. High. Low.
J .93 .93 f .93
.92" .93 .924,
.96 .97
CORN.
.70 .70
- .53 .64?,
.53 .54
OATS.
.31 .32
.32 .32
.34 .34 'i
MESS PORK.
18.17
1S.25
1S.90
LARD.
Sept...w.,
Dec.......
May
Sept.......
Dec .
May. .... .
Sept.
Dec.
May.
Sept,...
Oct
18.15
1S.25
Jan........ 18.75
-6?4
.69
.54
.63
.31
.32
.34
18.00
1S.10
18.75
Close.
t .3
.92
.96
.69
.54
.54
.31'
.32
.34
IS.17
18.25
18.70
Sept..
Oct...
Dec. .
Jan...
10.87 10.92 10.S2
1V.9 I
10.80
10.75
11.05
10.82
10.80
10.92
10.75
10.70
10.97
11.05
10.82
10.80
Sept..
Oct.. .,
Jan. .
SHORT RIBS.
10.90 10.2 10.82 10.87
10.92
10.07
10.92 10.95 10.85
10.02 10.07 9.95
Cash quotations were as follows
Flour Steady.
Rye No. 2, 71c.
Barley Feed or mixing, 404Sc; fair to
choice malting. 60C&-70C.
Timothy seed $6.
Clover seed $10(ii)15.
Pork Mess, $18.10g 18.12.
Lard In tierces, $10.90.
Short ribs Loose, $10.87.
Grain statistics:
Total clearances of wheat and flour were
equal to 575,000 bushels. Primary receipts
were i.uss.uuv bushels, compared with 892
uuu ousneis tne corresponding day a year
ago. iiiStimated receipts for tomorrow:
Wheat, 229 cars: corn, 120 cars; oats, 198
cars, nogs, .14.UU0, head.
European Wheat Market.
LIVERPOOL. Aug. 15. Wheat Octoher
7s 54d; December, 7s Sd. Weather,
ciuuuy.
Grain Market at Minneapolis.
MINNEAPOLIS, Aug. 15. Wheat Sep
tember 01: December, fi:; 14 92 c : Kir.
86&H6. Cash. No. 1 hard. $1.05: No.
1 Aormeni, si.o.; io. 2 rsortnern, Sl.03 :
No. 3 wheat, 99-, &-$!. 01 a,.
San Francisco Grain Market.
SAX FRANCISCO, Aug. 13. Spot quota
tions: Walla Walla, $1.5001.52; red Rus
sian. $1.50t.02 : turkey red. nominal:
bluestem. $1.00 1.62 ; feed barley, ?1.22'A
i1.25; white oats, $1.601.65; bran. $25
23.50c; middlings, fill (g 34; shorts, $2805O.
Grain at Puget Sound.
SEATTLE. Aug. 15. Wheat Bluestem.
70c; fortyfold, 7c: club. 76c; fife, 7Hc; red
Kussian, 14c. yesterrtay s car receipts:
Wh&it, 9; hay, 20c; barley, 2; flour, 6; corn,
1; oats, 1.
TACOMA, Aug. 5. Wheat Bluestem.
81c: fortyfold, 70c; club, 78c: red Russian,
7 tic. Car receipts: Wheat, 88; hay, 9.
PRISON ESCAPE FOILED
One Convict Saws liars While An
other Watches Guard.
SALEM, Or., Aug-. 15. (Special.)
(Special.) One of the cleverest at
tempts at a break at the State Peni
tentiary has just come to public
knowledge. Robert Owens, John Har
ris and John Walters endeavored to
saw their way through the double set
of bars guarding a portion of the big
flume which runs under the east side
of the prison wall.
Owens was at one time an honor
man and escaped, being recaptured. He
is serving from Union County on a
larceny charge. Harris is from Wash
ington County and Walters from Doug
las, both serving time for robbery.
As the gratings are directly under
the wall and are viewed on an aver
age of every 20 minutes by a guard.
the sawing was difficult, until one of
the convicts suggested a happy plan.
This was to tie a string around the
hand of the convict doing the sawing;
the other end was held by a second
convict In hiding, where he could
watch the movements of the guard.
The gratings were practically sawed
through, the convicts were prepared to
escape and were awaiting the starting
of a ball game, which would attract
attention from the flume, when they
were picked up by Warden Bengen
and were notified that their attempt
was known by the prison officials.
The men had also written a farewell
note to Bengen, In which they took oc
casion to criticise Governor West's
lenient prison policy, and passed sev
eral jesting remarks at the expense of
the warden.
WHEAT RUNS 100 BUSHELS
Latah County, Idaho,-Yield to Be
Bumper This Year.
SPOKANE, Wash.. Aug. 15. (Special.)
Samples of wheat that will run 100
bushels to the acre were gathered Tues
day from Latah County, Idaho, by H. D.
G. Cox, of the Farmers' Union at Mos
cow. The heads are actually "bushin"
with meshes and are an inch to an inch
and a quarter in width. One head
yielded more than 150 grains.
The grower, C. G. Clark, had sixty
acres of the wheat, which is bearded.
The grain is of the Miracle variety, and
when Introduced a few years ago
caused much comment.
Yields of between 40 and 50, bushels
to the acre of hybrid wheat on the 201)
acres of the Frank Clark place, and of
40 bushels to the acre for 150 acres
owned by T. A. Brown, are reported by
the threshers who visited those two
places last week. Monday threshing
started up on the George Seivers' place,
where there are 80 acres of club wheat,
ready for the stationary, and on the
Ernest Boemeke ranch, where 100 acres
of hybrid is to be threshed.
Klamath Registration Increase.
KLAMATH FALLS, Or., Aug. 15.
(Special.) The registration of voters
in this county continues, the increase
since April being 99. The total num
ber now registered in the county is
2414. Of these 1323 are within the
limits of Klamath Falls and Its ad
ditions. This sustains the claim of the
city to a-population of -over-6500. j
lumbermens
National Bank
We Offer for Sale
BONDS
Yielding 5 to 6 interest
Capital - - SI, 000,000
LADD & TILTON BANK
Established 1869.
Capital Stock... ... $1,000,000.09
Surplus and Undivided Profita. 800,000.00
Commercial and Savings Accounts
Letters of credit, drafts and travelerJ checks issued, avail,
able in all mparts of the world.
OFFICER
W.3W. tiadd, JVrtdmt. Rotwrt . Howard, Amwt. CaaMa
Edward OooUna-ham. VlcwPrra. J. W. Laad. Aat. Cashier.
V. H. Duackley, Caakler. "Waiter M. 0k. Aat. Caahlab
First National Bank
Capital $1,500,000
Surplus 900,000
Oldest National Bank West of tho
Rocky Mountains
COOS HAS STRANGE SUiT
FAMILY SUPPOSED DEAD SEP
AUATED BY FIRE.
JIan. Marries Again and Years After
His Death First Children Learn
of Property Left.
MARSHFIELD, Or.. Aug. 15. (Spe
cial.) Suit has been started in
the Coos County Circuit Court to re
cover property now held by A. E.
Seaman, of this city. Mr. Seaman
bought the property for 1100 years
ago from the widow of the late Charles
Fletcher. The property Is valued at
about $15,000. Those who seek to re
cover it are St. Louis people, who claim
to be the legal heirs of Charles
Fletcher. They are suing not only for
possession of the property but also for
$2500 which they claim is due from
Seaman as back rent for the time he
has been holding the real estate.
The claimants in the suit are Henry
... . i I .... T. r -Rni-Rfnill. ff
rieicuer mivx " v. - ,
St. Louis, alleged to be the son and
.. . , 1 -CI
daughter or tne laxe uanea
Charles Fletcher was supposed by hiB
first wife and children to have perished
In a forest fire in Michigan 41 years
ago, and it is believed that Fletcher
thought his wife and children lost their
lives in the same fire.
Fletcher made his escape. He came
West and settled on Coos Bay. He was
married a second time in this city and
accumulated quite a lot of property,
which he left when he died. The second
wife got some of the property, and is
l .. , V, . n'irt nf thA'fttate.
now living n 1"-'""- .
... k.u...jt th.t I'inii'tipr had rela.
it was uti it. i v ii.u.. -
tives in the East, and John Hall, now
r ... t ,i n-a whn ncted as adminis
trator, made an endeavor to find the
relatives, the administration anrairs not
being closed up until seven years after
r letcner s aeain
HOOD RIVER GETS TROUT
Streams to Land 500',00 Fry "East
ern Man to Study Birds.
Tinnn TBTVTR. Or.. Auar. 15. (Spe-
Iclal.) Hood River streams will be
well stocked with trout try tnis sea
son. A second shipment of young fish
has been received nere Dy oecreimy
Scott of the Commercial Club. An en
. i - .inmi nf thA f rv were shunted
Off the O.-W. R. & N. Baker express
and W. L. Clark, ueorge vv. uiramii-n,
William Stewart and J. M. Schmeltzer,
i . .-m ..n immpiiiatRlv besran the
work of transporting them to nearby
tributaries of the Hood River, wnen
the fishermen have completed their
work a half million fry will have been
liberated.
State Game Warden Finley, accom
panied by J. Pierce, an ornithologist
from Massachusetts, passed through
the valley yesterday on their way to
Cloud Cap Inn, where they will pass
an outing of several days and study
the birds o that region. Mr. Finley
said that he would soon begin Bhip
ments of China pheasants to orchard
ists. A number of the larger places
will be declared game preserves until
1915, when the China pheasants may
be shot, and will be able to secure the
handsome birds. The pheasants seem
to thrive in the valley and some Of the
orchardists already have flocks of
them which have become partly domes
ticated, not having been molested since
they were distributed here.
INITIATIVE PETITION IS OUT
Kepeal of Southern Pacific's East
First-Street Franchise Sought.
Circulation of an initiative measure
repealing the franchise of the .South
ern Pacific Company on East First
street, of Portland, will be started to
day by the East Side Buslfiess Men's
Club.' Section No. 1 of the petition
says:
That Bald ordinance No. 1S3 of the srild
City of Portland, entitled "An ordinance
granting to tho Oregon A California Bail
road Company tho right of way on First
street (now East First street in the. Vity of
Portland) be and the same is hereby re
pealed and all rights and privileges granted
or purported to have been granted by the
last mentioned ordinance in sai.1 First street
are hereby revoked and declared forfeited.
null and void, and said Southern Pacific
Company is hereby required and ordered to
forthwith remove its rail from said street.
And if they do not do so tho Mayor, on be
naif of ihe city, the oeonle. the public who
own this street, is hereby authorized and
instructed to remove the rails oi saia tres
passing and ordinance-violating companies
forthwith, unless said Southern Pacific or
Oregon & California companies come in at
onco anil ask for a nw franchise uml.;r
present city charter with common-user pro
vision on this street.
Section 2 declares that an emers
ency exists and that the ordinance
shall go into force and effect from ami
after Its approval by a majority of
the voters of the city of Portland, it
Is provided that the ordinance shall Int
submitted to a special election, or tho
first city election held.
IMMIGRATION MEN MEET
Pamphlet AVllt Be Issued and Indus
trial Survey Included.
X regular meeting of tho Oregon
State Immigration Commission was
held yesterday at the rooms of tho
Commercial Club, those present brins
Thomas C. Burke, of Baker, president;
A. F. Hofer, Salem, vice-president; C.
C Chapman, Oregon state Immigration
agent; John M. Scott, W. E. Coman.
Marshal N. Dana, of Portland; Dean
Jabexell, Oregon City, director of tha
Oregon statistical bureau, and Lester
Davis, state statistician.
The principal business of the meet-
ing was the consideration of the im--migration
pamphlet which is being pre.
pared and will be ready for printing In
the near future. It will consist of 64
pages of matter, and tt was decided
that the first issue shall consist ot
200,000 copies.
It was announced that tho State Agw
ricultural College is making a survey
of the state, showing what the farmers
are actually accomplishing. This wilt
be available for public use within a few
weeks, and It was decided that tha
Commission print & number of these in
connection with the other pamphlet for
distribution among prospective lirrraii
grants to Oregon.
OLD FRUIT TREES MENACE
West Stayton Fanncre Want Inspec
tor to Order Diseased Trees-Cut. ..
WEST STAYTON, Or., Aug. IS.-
(Special.) Efforts are being made to
have the Marion County fruit Inspector
take immediate steps to do away with,
the diseased fruit trees on the old
farms in this vicinity to protect apple
orchards set out by newcomers on Irri
gated tracts.
As Is often tho case, the old fruit
trees around here, being principally
home orchards on grain farms, and
neglected for a score of j-ears, are a.
menace to the enterprise of tho new
settlers, nearly all experienced or
chardists, and to the future of this part
of the Willamette Valley as a fruit
center.
"Hello" Lino to Bo Extended.
CATITLAMET. Wash.. Aug. 13. (Spet
clal.) The Granger Telephone Com
pany Is making preparations to extend
its line from Skamokawa to Grays
River.
Pocatello, Ida
ho, has decided
to use bitulith
ic pavement,
after investiga
ting all other
known kinds.
Call at Room
700 Journal
Bldg. for "Bit
ulithic Whys."
J.C.WILSON&CO.
STOCKS, BOADS, GRAIN AXD COTTON
MEMBERS
NEW YORK STOCK EXCHANGE.
XEW YORK COTTOX K.TCHANGE,
CHICAGO BOARD OF TRADE.
TRK STOCK AND IIO.VD EXCllANGEt
SAN FRANCISCO.
PORTLAND OFFICE:
Main Floor Lumbermens Bank Bldg.
Fifti and Stark.
Phones Marshall 4120. A 4187.
I