Morning Oregonian. (Portland, Or.) 1861-1937, August 20, 1912, Page 15, Image 15

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ALL NEWS BULLISH
London and California Reports
Send Hops Up. .;
BEER CONSUMPTION GROWS
American People Drank 7.100 000
Barrels Last Month English
Buyers Active Here Local
Men South.
With ecoree of buyers actively at work in
California, with continued unfavorable
weather in England and Continental Europe
and with reports from the brewing; centers
indicating a heavier use of hops for the
present fiscal year than a year ago. the ten
dency In the local hop market is of a de
cidedly bullish nature.
At least three Portland buyers are now
In California. They have negotiated a few
transactions, but at present figure have
been unable to buy heavily. It is under
stood that there are few sellers at a 21
cent market. On the other hand, three or
four representatives of the British brewers
nd hopbuying agencies have been in the
-irr in the lest few days. Their presence
has added to the bull strength. A few sales
hsve been made at prices ranging from 16
to 20 cents, but the lower priced stud Is
of an inferior grade without exception.
In every quarter the market now Is re
garded as firm at 20 cents. Previous pre
dictions tat It will not became active until
It reaches 22 cents now seem to have been
well founded.
Cable advices from England yesterday
brought tidings of further rains. Wet
weather has continued In various parts of
Great Britain for more than a week now
nd the hop crop has been noticeably af
Tected. The visible production Is said to
be decreasing dally.
Reports received yesterday by James Pin
cus. of Tacoma. show that f-.e total beer
consumption in the United States last month
was 7.100.000 barrels, which is an excess of
400.000 barrels over the same month last
year. As July Is the first month of the
fiscal year, this figure is significant. It In
dicates that the beer consumption for the
1912-1913 fiscal year will be heavier than
last year and heavier than it has been In
any recent year. Consequently the demand
for hops will be greater, as the brewers last
year used up most of their reserve supplies.
This further strengthens the position of the
bulls.
So far as the Oregon market is concerned
conditlcns depend entirely upon the weather
of the next few weeks. Last week's rains
did not affect it adversely, as was at first
supposed. Growers now have succeeded
in replacing all the vines that were torn
down by the wind and water and the hops
have recovered. Unless Tnould and vermin
affect them, the Oregon hops will be bettei
because of the rain. It is probable, too,
that they hive gained in weight, which may
increase slightly the total output for the
state.
Few a!ii are being made In this terrl
. .. tk m.ru.t i mnvina in sympathy
v.it',1 that In California and elsewhere. When
business really op-r.s up here the situation,
from the growers- standpoint, will be con
siderably better than it is now.
FLOUR DROPS: JVHEAI IS FIRM,
(iralo Market Not Affected as Reeult of
Recent Kainit.
Although the price of flour, as predicted a
we?k ago. has been cut. according to an
nouncement, made by local millers yesier
dav. the grain situation remains unchanged.
Reports received by grain dealers yester
day show that the wheat fields were
scarcely affected by the rains of last week.
The aggregate production of the Northwest
mav be reduced slightly, but it will be so
.nh, to have very little effect. At
least it will not affect prices.
Receipts in carload lots as announced by
the Merchants' Exchange yesterday were.
Cars: Wheat. Barley. Flour. Oats. Hay.
Monday 5 12 ' 4 I
Year ago ' i -
Season to date. 712 7rt 2!S : 2
Year ago :i H'-i -'
The weekly wheat statistics of the Mer
chants' Exchange follow:
American visible teuprly
Bushels. Increase.
Auaust 19. 1912 m,144.i!i: 141.000
August 21. 1911
August 22", H'lO
August 1I
August 24. l'.'t'S
August 2t. I!i07
.47.042.00. rWli.OOO
...22.o2.000 3,70.0011
$.54.000 aol.uoo
. . .ICS 19.O00 UU4.000
. . .."o.o.";i.u"o i.kS2,oou
August 27. lli'Mi 31.229.UII0 -.ITU.UUU
august 2 1'.j5 .12.912.000 Slu.oO.i
August 21, l'.'4 12.35S.Ouo
B.uust 24, 1903 13,710.000
45.000
172,000
Decrease.
Quantities on Passage
Week Week W eok
ending ending ending
Aug. 17 Aug. 10 Aug. 19. '11
For Bushels Bushels Bushels
t- K 21 072 OOO 22.312.OO0 21.1S4.000
Continent '-12.S31.0U0 13.33S.000 16.0o2.000
Tnl.tl r?:t fiofi OOO
35.fi4S.000 37.210,000
World's Shipments fl
our Included)
v. ee
' ending
Aug. 17
Week W eek
ending ending
Aug. 10 Aug. 19. '11
From
Bushels
4.274.000
1.73B.0OO
S.lH.OwO
Bushels
2.740, wo
2.2rt0.000
32U.000
l.M2.0"tt
1.44S.0i'(
1.04S.000
Bushels
Can..
3.5O7.000
65U.0O0
970.000
2.440.000
2.120.000
532.000
Argentina
Australia
Danuh,
Russia
ports 1.2H4.0OO
l.l-'O.UU"
2.600.000
India
Totals 12.13U.000 9.292.000 10.231.000
ALL FRUIT YIELD TO BE HEAVY
Government Report Show Conditions Above
Normal August 1.
According to the monthly reports of the
Federal Department. of Agriculture the con
dition of the various crops on August 1,
compared with their average condition (not
normal) on August 1 of recent years, is:
Peaches, 123.7: apples. 122.1; hay. 110.2;
millet. 107.2: flax. 100.2; grapes, 106.1; to
matoes. 103.9; pears. 103.5; hops. 103: al
falfa. 104.9; timothy. 104.3; lima beans.
104.3; hemp, 103.9; cantaloupes. 103.8: cab
bage. 103.7; kaffir corn, 103.3; potatoes.
103.5; broom corn. 102.2; watermelons. 101. S;
clover for hay, 101.7: oranges. 10 .3: tobac
co. 101.2; respberrits. 100: pasture. 911.9:
sorghum. 99.5.; peanuts, T9.4; sweet pota
toes. 9S.G; beans (dry), 9S.5; sugar beets,
9S.3; rice. 9S.2: buckwheat. 9S: lemons. 94.1;
sugar cane. 93.2: blackberries, 90.3; onions,
l3.."i.
The indications are for a total production
of all cereals (125,070.000 tons) of about
13.7 per cent more than last year, .1 per
cent more than In 1910 and 9.S per cent
more than In 1909. Potato prospects are
tor about 27 ptr cent more than last year. 0
per cent more than in 1910. but 3 per -cent
less than in 1909. Hay prospects are for
about one-third more than las: year and 0
otr cent more then in 191U and 1909.
Dank Clearings.
Bank clearings of the Northwestern cities
yesterday were:
Clearings. Balances.
Portland l.Sv5.70S 14'I.S70
ea:t:a 1.S17.03U .4ii)
racoma 703.394 131.247
poane 750.1tiS
Clearances of Portland, Seattle and Ta
coma for the past week and corresponding
a-eek in former years were:
Portland Seattle. Tacoms
I'll; tll.S24.3sS H:.444. $3.T0S.l'4i
Isll 10.191.735 10.5uJ.24 4. 023. 847
1910 9.041. dot! 10.O9rt.S7S 5.759.07
19o 7.017.454 12.343. 350 :..70;.442
5.531.!57 S. 250. 219 3.MH.3i3
11.7 0.110.398 9.231. 4 4.1523.671)
11105 5.111.107 S.OM.Sl'i 3.603.759
191S 3.314.004 ...S0.3?3 3.Or,1.409
li.li 3. 249. 43S 4.230.272 1.117.20
'90S 2.3S.7k2 .S37.71i 1.304.433
Pearh Demand Contlnne.
Oregon and California peaches are in
beavy demand In the local market. The
first heavy local shipments are beginning
.o arrive now. They are selling on Front
street fit frr.in 7." to i c--rs : - . :'-!.
PJ-PJ- - ' . . . I I " " ' "
fornla peaches are going at from 60 to 65
cents.
Sweet Potatoes Coming In.
Regular shipments of California sweet
potatoes are scheduled on the local mar
ket now. They are a superior variety and
are selling at SH. cents. pound. North
western sweet potatoes soon will be mak
ing, their appearances
PORTLAND MARKETS.
Grain. Flour, Feed. Eta.
TI'TI T" , T" T.aoV nrf..I nW T Club 76C1
bluestem. 7c: tortyfold. 77c; Valley. 78c
FLOL'R Patents. 4.70ft4.90 per barrel;
straights. 4.;0; exports, (4.20: Valley. 15.1U.
BARLLI aPOt, 1.3Utii; 1ULU1M,
UlLLM Lr r 3 una, ew K
shorts. 2S; middlings. S?2; rolled barley.
'HAY Eastern Oregon timothy. $13; Val
ley timothy. $12 13: alfalfa. 1112; clover.
S10- oats and vetch, f 10a 11; grain bay.
Jioail.
CORN Whole. 3: cracKeo. m per .
OATS Spot, 2 per ton; futures. $34.50.
Vegetables and Fruit.
FRESH FRUITS Apples, new, flfll.73
per box; peaches, 35 B 76c per box; plums.
iicfc1.10 per box; pears. fl.20tol.50 per
box: apricots. $1.25 per box; grapes. 65c
$1.75 per crate; blackberries, 50c 6 $1 per
crate. "
TIiOPICAL FRUITS Oranges. Valencia,
J3 50 6 4; California grapefruit. $4.50;
lemons, ItQUO Per box; pineapples. o par
pound.
MELONS Cantaloupes. 50c 9 $1.30 per
crjle: wntermelnns, SI $r 1.15 -per hundred.
ONIONS Walla Walla. 0cl per sack
POTATOCS Jobbing prices. Burban.i.
new, 605tOOc per hundred: sweet potatoes.
41-c rr pound.
VEGETABLES Artichoke-!. 5S75e per
dozen; beans. 2c: cabbage, lfHHO P
pound: cauliflower. IHtl.2.1 per doien: cel
ery 7S8oc per dozen; corn. 152oc per
doren: cucumbers. 50c per box: eggplant.
7&10c per pound; head lettuce, $02c
per doxen; peas.. a9c Der pound: peppers.
8J10c per pound: radishes. 15020c per
dozen; tomatoes. 503 75c per box; garlic.
810c per pound.
SACK VEGETABLES Carrots. $1.50 per
sack: turnips. $1.23 per sack: beet. $1.60
per sack.
Staple Urocerlea.
SALMON Columbia River. one-pound
tails. $2 25 per doxin; eight-pound talis
$2.95; one-pound flats. 2.0; Alaska pink,
one-pound tails, $1.25.
COFFEE Roaxted. In drums.. 26i440c
per pound.
HONEY Choice, $3.75 per cut; etralnsd
honey. 10c per pound.
NUTS Walnuts. 16918i4e per pound:
!4razil nu'.s. 12c: filberts. HfflSc: a.
monris. 1721c: peanuts.' G64c; conoatiut.
90c$l per dozen; chestnuts 12HC per
pound: hickory nuts. 6 10c per pound.
SALT Oranulaied. S15 per ton: half
ground. 100s $7.50 per ton; 50a. $8 per ton
BEANS Small white. 5.40c: large whits
520c; Lima, ic; pink. 4.15c; Mexicans.
4c; bayou. 4Hc-
ItlCE No. 1 Japan. 6c; cheaper grades
5ff5e; Southern head. J7fcc
SUGAR Dry sranulated. $5.85: fruit and
terry. $.VS3; Honolulu plantation. J5.80;
heeu $5.r,.'i; extra C, $5.35; powdered, bar
rels. $. 10; cubes, barrels. $6.25.
DRIED FRUITS Apples, 10c per pound:
nprleots. 1214c; peaches. 8llc: prunes.
Italians. 8 10c; silver. 18c: figs white and
Mack. 6e"e: currants. BHc: raisins, loose
Muscatel. 6i47c; bleached Thompson.
:114c; unbleached Sultanas. S"c: seeded. 7H
?Sc: dates. Persian, 8 hie per pound; Fard.
$1.60 per box.
Dairy and Country Produce.
EGGS Case count. 2$c; cecdled. He; ex
tras. 27c per dozen.
CHFESE Triplets and daisies. 1714c per
pound, voung Americas, 18Vic per pound
BUTTER Oregon creamery buttHA cuees.
31c rer pound; prints, 32c per pound.
PORK Fancy. lHjc per pound.
VEAL Fanes', 14 hi '9 15c per pound.
POULTRY Hens, Ulnc; broilers. 15
316c; ducks, young. ll12c; geese. 10 lie;
turkeys, live, lSi20c; dressed, 2425c
PrevlsloDS.
HAMS All sizes. 1761Sc; picnics. 12c;
cottage roll, 12ljc.
BACON Fancy. 20 27c; choice, 20 21c.
DRV SALT MEATS Backs, dry salt. 11
5?12Hc; backs, smoked. 1314c; export
dry salt. 12c; smoked, 14c
LARD Tierce basis, choice. 13 He: com
pound. Ofec; leaf, three-pound palls, IS.-1
per case.
MISCELLANEOUS Pigs' feet, kit $1.33;
sliced beef. Inside $28 per case: Irled beet
insldes. 25c per pound: bologna, cauvaa
back, 1014c; minced ham. 12c.
Hods. Wool and Hides.
HOPS 1912 contracts. 1920c; 1911
crop, nominal.
MOHAiH Choice. 32- per pound.
WOOL Eastern Oregon. 1418c per
pound according to shrinkage; Valley, 21 hi
tl22Vtc per pound.
PELTS Dry. 13c: full wool butcher pelts.
$1.25 irl. 75; shearlings. 25J50c.
HIDES Salted hides. lli6.12c per pound;
salted calf, 19gil9c: salted kip. ll(322c;
green hides, lie; dry calf. No. 1. 23c; No.
2. 2uc: dry hides, 2u22c; salted stags, thi
H Sc : zreen stu Ill n? 7v
CASCARA Per pound. 4 lie 5c; carlots. 5
Q 5Lc.
GRAIN BAGS Spot. In car lots, 11c; 1913
Dags, nominal at 77c.
J-Lnseed Oil and Turpentine.
LINSEED OIL Raw. barrels, '78c; boiled
barrel 78c: raw. cases, 81c; boiled, cases.
s3c.
TURPENTINE Cases, 63c; barrel 60 He
SAN FRANCISCO PRODUCE MARKET
Prices Quoted at the Bay City for Vege
tables. Fruits, Etc.
SAX FRANCISCO, Aug. 13. The follow
ing produce prices were current here today
Fruit Apples, choice, 7;c: common, 40c
Mexican limes, S5&5.50; California lemons.
choice, $6; common, $2; pineapple $l.aO&
3. so.
Cheese Young America. 15 ig 15 fee
Butter Fancy creamery,- 32c
Eggs Store. 25Hc; fancy ranch. 32c
Vegetables Cucumbers. 25 35c: garlic,
2H&3ic; green peas, 3 (ft 5c; string beans.
75cfr$1.25: tomatoes. 25C0c: eggplant.
35S 65c: onions, 50&s5c.
Hay Wheat, $21 21.50: wheat and oats,
5 111 '.i20: barley, $14jl7: alfalfa. $U5i 13.50.
Receipts Flour. 3966 quarter sacks;
wneat. 2150 centals; barley, 76.S40 centals
oats. 2225 centals; potatoes. 7560 sacks
hay, 183 tons; wool 142 bales. y
' Metal Market
NEW YORK. Aug. 19. Conner steadv
Stantiard spot. August and September. 17.25
'Gli. 00; uctooer ana .ovemoer, ll.2U?j li.cu
electrolytic, 17?&17Sic; lake, 17-')317c
casting. 17-31$.
Tin opem-d lirm. closed easy. spot. 45.r.0S)
40.25: August, 43.S7a 4$45.92 ha ; September,
4o.e,o 'q 4o.s. hx.
L-ad steady, 4.45S 4.55.
Spelter quiet, 0.9O1S7.1O.
" Antimony quiet. Cookson's, 8.60.
Iron sttariy. No. 1 Northern, lO.lifi 16.50
No. 2 Northern. 15.75Q 10.25; No. 1 South
ero and do soft, 10.O0& 10.50.
NEW YORK. Aug. 19. Copper arrivals.
795 ton Exports this month were 14.18S
tons. Lundon copper dull. Spot and futures,
7S 5s. London tin dull; spot, 208 12s 6d;
futures, 206 5s. Locally sales were reported
on the exchange of 150 ton
London lead, 19 10 Sales on the local
exchange were 50,000 pound
Spelti-r. 26 10s.
iron Cleveland warrants. 61s 6d.
Naval Stores Market.
SAVANNAH. Ga.. Aug. 19. Turpentine
firm. 40c. Sales. 477 barrels: receipts, S57
barrels: shipments, 2100 barrels; stock 39,
100 barrel
Rosin firm. Sales. 2300 pounds: receipt
920 pounds; shipments, 74S0 pounds: stocks,
112.900 pounds. Quote: B, $6,3016.35; D,
sii.f.o; F, $6.6. hi it 6.70; G. $6. 70 Hi 6. 75; H
$ri.72H S 6.73; I. $6.7541 6. SO; K. $6.85; M
rt.85ift7: N. $7.10 41 7.25; WG. $7.60; WW,
43 '11 5.05.
Coffee Futures at New York.
NEW YORK. Aug. 19. Coffee futures
closed steady, net 9'rT13 points rttgne-r. Au
gust, 17.72c- September, 12.7Sc: October,
12.2e; Nbvember. 12.S0C; December, 12.96c;
January. 12.95c; February. 12.04c: March,
12.nSc; Auril. l'lc: May. 13.03c: June. 13c;
Juiv. 12.9.ic. Coffee Spot, steady; Rio No.
7. 14c: Santos, No. 4. 135ic Mild coffee
quitrt; Curdova, lOglllc.
(hie-ago Produce Market.
CHICAGO. Aug. 19. Butter Steady
Eggs Firm. Receipts. 10.557 cases at
mure, cases inciuueu, mriv. uiuiuni j iircis,
iTf - fii-t mi-
Cheese steady:
daisies.
twins, UtGilSc: Young Americas. 15i
15c; long horns, lo215c.
Cotton st Xew York.
NEW YORK, Aug. in. Cotton futures
closed steady at a net advance of 6&S
points.
NEW ORLEANS. Aug. 19. Spot ' cotton,
middling. It 1J-16C;
Xrw York 8uer Market.
NEW YORK. Auir. 1!. Raw suear. firm:
muscovado. .s teal. 3. 55c; centrifugal. .!
test. 4.0.V: molasses sugar. .SU test, 3.30c.
Re-fined ?ugar steady.
Hops. Etc.,- at New York.
NEW YORK. Aug. 1!). Hops. Quiet.
li.dei. Firm.
Hetrol iim Steady,
v.- ,
THE MORNING OREGONIAN, TtJESDA. AUGUST 20, 1912.
ILL STREET DULL
Stock Market Has Weary, Un
interesting Session.
STEEL CLOSES WITH RALLY
Canadian Ri?overs From Depression
and Soo Goes Up With It An
thracite Shares Attacked.
Wabash Bonds Drop.
NEW YORK. Aug. 19. Midsummer dull
ess was the most Important feature of
today's narrow and uninteresting stock mar
ket. The tone varied from Irregular to
heavy, the latter resulting mainly from
early selling of the anthracite shares, which
caused sympathetic declines In ether ac
tive list
Liquidation of the coalers was accom
panied by unconfirmed! rumors that the
Interstate Commerce Commission would soon
again direct Its energies against the coal
carriers. Cauadlan Pacific made very sub
stantial recoveries from the weakness of
last week, with concurrent strength in Soo,
one of Its allied road
Best quotations were made In the last
hour, when extensive dealing in Steel
caused an advance In the stock, with a
general stiffening of prices elsewhere. The
uemanu lor oieei Ruare, niuu Btc
be based upon legislative developments in
Washington was met by offerings of other
stocks and soon resulted in a general re
versal with' an unsettled close.
Bonds were irregular with a sharp de
cline In Wabash 5 Total sales, par value.
$3,100,000. United States bonus were un
changed, on call.
CLOSING STOCK QUOTATIONS.
Closing
Bale. Hieh. Low. Bid.
Amal Copper .. 14,uo bo- M- 83 "4
Am Agricuit .. -wo wi
Am Beet augar.. 50O 7 I'm 71 ill
American Can .. 20.200 41 41 4ia
ao preferred.. 4"0 120 n" lms
Am Car & Fay.. 1.400 01 hi 00 bo
-i.m Cotton Oil.. 1H) ii4i J4 Ma
Am ice securl.. l,7uo 2i, 25 '.1 -
Am Linseed I?
Am Locomotive. 1,300 40H
Am Smcl efc lief. 5.S00 eti1 5n $ !
do preferred avi-m
Am Sugar Ref.. 100 128 12S 126,
Am Tel Tel.. 500 146 140 140
Am Tooacco 400 270 209 20(
Anaconda M Co 6.!oo 43 42 4o
Atchison 4,200 loo-, loo 109
do preferred.. 100 102 1"2 102
Atl Coast Line.. 300 145 145S 14o
Bait efc Ohio 100 103 Job is 1U!1
Bethlehem Steel 5.500 ' 41 3T 1 h.
Brook R Tran.. 2.4ik) 92- 921, r7
Canadian Pac. 2,000 17MH luls lis
Central Leather 900 29 V 29 hi 29
Ches & Ohio 3,000 S29, 82 b2
Chi Gl West . .. 500 19 ls la
C. M & St Paul, l.ooo imi i' lu"
Chicago & N W 000 142 142 141 W
Coi Fuel & Iron 1"0 32 32 314
Consol Oas .... 500 140 140 lo
Corn Products.. 3,300 10H 15 l-
Del & Huason.. 200 na iii-m n-
D & R Grande.
00 preefrred 39
Distillers' secur 2.200 35 H 34'. ;4T
jirie lO.o'.H) .11 ufs i -t
do 1st pf .... r" on ;.vs "'a
eln Jrl nf .... "N 45 i.)hi 45
Gen Electric ... 1.300 lfcMVs 182 hi lt-2
Gt North pf.... 4.200 141 v un nv
Gt North Ore .. 1.300 4 40 4J
Illinois Central. 300 isiti .iji hi
lnterbor Mel ... 200 00 5 59
Inter Harvester. 1,000 123 122. -122
Inter Marine pf. loo 19 19 JS14
lnt Paper 1,1'M) 10v Mil lUhi
Int Pump zuu ' .
ri C Southern.. 7oO 2S 2iT -1
luelede Gas 4(H 107 107 IV I
Lehigh Valley.. 3.90 171 170 170
Louis & rasn ,.- t'm 105 101 j
M. b f c i B At J, 400 104 l.i.ii 10
Mo Kan A Tel. O'lO 29 2fi" 29
Mo Pacific 1.4UO 38 H 8S S8
Nat Bincult 100 136 13b !
National Lead -', ,
N Ky Met 2 pf
N Y Central ... 700 117"i 117 11.
N Y. Ont &. Wes 700 30 Shi 3.1
Norfolk ft West 1.000 118 117 lli
North American 500 S5 S
Northern Pac .. ,JW lau's 12.1 iju-.j.
P.fifle wail 10O 31 31 31',
Pennsylvania ... 50) 124 124 124
People's Gas .'. SOO 117 117 110
P. fJ U it bl Lt. . jiif-s Jiiw- a"-
Pittsburg Coal.. 1.4(0 25 .1
i.orl s rr . . 400 37 37 37
Pull Pal Car ... . 800 170 109 170-fc
Rep Iron & Steel 1,100 2S 2 27
uu ii .rice 1 en 1 ..... I f
Rock Island Co '
do preferred "
St L & S F 2 pf TOO 30 an ?
Seaboard Airline ' 23
do preferred.. .100 S3 58 -3
SIoss Sheffield .. 100 57 . 5ft
..,h.rn pr-ifle 1 200 112. 1121. 112
Southern By ... ll)..M)li ailj ou nm
do preferred.. 1.309 S2 81 bl
Tenn Copper 42
Texas & Pacinc
Union Pacific .. 23.100 173 172 172 is
Hn np.fri1.. 91
U S Realty S?
L S Rubber ... aou oin- .ni am
V S Steel 44.500 74 73 73
do preferred.. 300 113 113 112
Utah Copper .. 2,100 0.1 02 02
Va-Caro Chem.. 200 4 4S 48
Wabash 2 4 1
do preferred.. 200 14 14 14
W-itern Md ... ,10O 5H SS 5S
Western Union . 30O S3 82 S2
Westing Elec .. 70O Si Mi b.
Wheel ALE 5
Total sales for the day. 314,500 snares.
BONDS.
Furnished by Overbeck ft Cooke Co., of
Pnrtlnnrl
Bid. Asked.
Amer Tel & Tel conv 4s 114 ...
American Tobacco 4s 90
American Tobacco 0s 121 ...
Atchison general 4s 90 97
Atchison conv 4s 111
Atchison conv 5s 110 111
Atlantic Coast Line cons 4s.... 94 95
At Coast Line -LftNcolI" 4S 94 '95
Baltimore & Ohio 3s 99 hh?,
Raltimore Ohio 4s... 91 91
Brooklvn Rapid Transit 4s 92 92
Canadian Southern first 5s 100 100
Chesapeake & Ohio 4s 99 100
r R & O eeneral mortgage 4s.. 94 95
C B ft Q Joint 46 90 90
C B ft Q Ills 4s 98 99
C B ft Q Denver 4s 95 95
Central pacific first 4s 94 9S
Chiraeo A- East Ills 4s 77
Chicago P. I ft P ref 4s R 8S
Chicago P. I ft P Col trust 4s.. 09 09
Colorado ft Southern first 4s... 9.i
Denver Rio Grande 4s St!
Delaware ft Hudson conv 4s.. 9 9S
Erie first cons P L 4s 89 89
Int Met 4s 1 82
.lanenese 4 84 ph
Japanese first 4 92 92
Japanese secona 4s ui
Louisville & Nashville unt 4s.. 97 97
Missouri. Kansas ft Texas 4s 8.1 S5
Missouri Pacific 4s 70 71
New York Central 8s SO 80
New Yorht Central L S 3s 80 81
New York City 4s 93
New York City 4s of 1957.. .105 100
Norfolk & Western 4s 90 97
Xnrfnlk jt- Western conv 4s.... 117 lis
N Y Oat ft W 4s 92
Northern Pacific P L 4s s 9S
N'nrthem Pacific 3s OS 09
Oregon Short Line 4s 92 92
Oregon Ry ft Nav 4s 93 -:!
rennsvivania Ky -is 01 ii". . -iv- a..-.
Philippine Ry 4s 80
Reading general 4s.... 9! 90
Republic of Cuba 5s 103 103
Southern Pacific first ref 4s.. 94 94
Southern Pacific col 4s 90
Southern Ry 4 "8 78
St L ft S F ref 4s 78 i9
Union Pacific first 4s 100 100
Union Pacific conv 4s 102 103
Union Pacific ref 4s 90 90
United States 'Steel S F us 102 102
United States 2s registered. ... 100 101
United States 2s coupon 100 101
United States 38 registered 102 102
United States 3s coupon 102 102
United States 4s registered 113 114
United Stetes 4s coupon 113 114
United Railway S F 4S 05 05
United Ry St L 4s .....
Wabash firs: 4s 08 08
Western Union 4s 97 98
Westlnshouse conv 5s 95 9.i
Western pacific 5s S2 " S2
Wisconsin Central 4s 91 92
SVest Shore 4s 99 99
Stock at Boston.
BOSTON, Aug. 19. Bonds closed as follows:
Allouez 4594 Mohawk 67,
Amal. Copper -. . 8." Nevada Con. . . . 22
Am. Z-. L. & S. 30i;NlppiS3lng M. .. 7
Arizona Com. .. Shi North Butte ... SO
B.&C. C & S M 7 !North I.ake 54
Calumet & Ar... 70iOld Dominion... 59
Calmt HeclaSDO lOsceola 11
Centennial 22 IQulncy H2
Top R. Con. Co. 5S .Shannon lt
E. Butte Cp. M. 13 5 Superior 4fi
Franklin 11 Sup. & Bos. M... 24
3irouz Con 5 hi Tamarack 4:!
3ranby Con. ... 54 .U. P. S. R. Se M. 27i
Greene Can ':r. S. S. R. do 4!iv
I. Royolle. cop. 3oH I'tah Con UH
Kerr Lake 2 Winona 5
Lake Copper ... 34 (Wolverine 106 H
La Salle Cop... 6fc;
Miami Copper 28
Money, Exchange, Etc.
r'EW YORK. Aug. in. Money on cull
,t -. ;:.':: cr .;ii.-. r.i;:n n--. -' -
per cent; closing bid, 2. per cent:, offered
Time loans' easier; for 60 ' days. Zhi9
8 per cent: lor no aays, o-v-
for six months. 4 per cent. Prime mer
cantile paper. 55 Pfr cent.
Sterling exchange steady with actual busi
ness in bankers' bills at $4.S4.i0 for 60-day
1 tt DTin er- ri.mnna.
U11IS. aim t
1..1 v.111. 4 si
COIllIltei M1IIO, ,.au
Bar silver, 04 cent
Mexican eollars. 48 cents. v
nsi-i-nmnr hnnda steady: railroad bond
Irregular.
mvnftv in Rnr iiiiver uncertain.
28 ll-16d per ounce.
Money 1i2 per cenu . .
The rate or discount in tne open mo..
it,.,, htiitt is 3 npr cent: for three
months' bills. 3 per cent.
SAN' FRANCISCO. Aug. 19. Sterling on
London Sixty dsy $1.83; d). sight.
4.86.
Sliver oars oic.
Mexican dollars Nominal.
Drafts Sight, 1 per cent; do. telegraph,
4 "-per cent.
Dried Fruit t New York.
vrw Vtlntf Anir- 19. Rvnnorated apples
quiet and steady: fancy.- 9g9c; choice.
't'8c: prime, iatr4c.
Prunes Nervous: California, up to 30-
40s. 3iji0ic: Oregon. 6a9c.
Peaches Dull; choice. H ftf t ?. c ; exua
choice. 7ft7c: fancy, "9c.
Kaisms Firm.
STEERS SELL AT $7.15
HEAVY RUX OF CATTLE BRINGS
Sew high price.
Cows and Calves Also Go at Good
Figures Little Activity in Sheep.
. Xo Hogs Are Sold.
wlf u-a n -of the heaviest runs of
cattle in the recent history of the local
stockyards brought forth some of the
strongest kind of bidding yesterday and re-
Ited In a new season s nign price wr
steers $7.15.
This figure was paid lor a tot oi in
heavy animals weighing 1361 pounds .apiece.
Other grades went at fair prices.
There was a little activity in the mutton
department, but the market doesn't seem
to have recoverea its stumps.
A few boss were among tne aays re
ceipts, but none were sold yesterday. Among
the hogs now at tne local yaros are a -i.ihH
nf Oregon stock which compare more
than favorably with those of Nebraska and
other Middle Western states that have dom-
nated the market here for the last lew
weeks.
Yesterdays receipts were 4o9 came, xo
calves. 2709 sheep and 93 hogs.
Among yesterday's shippers were n. m.
Stanfleld. 3 cars of sheep: M. D. Barner,
Lostlne, 1 car of hogs: J. W. Chandler. En
terprise, 4 cars of cattle: H. R. Peacock.
Nampa, 1 car of cattle; e. . oranam, r-i-gin.
1 car of cattle; C. F. Walker, Pendle
ton, 3 cars of cattle; J. H. Swlngler, Union
Junction. 3 cars of sheep: E. T. Marks.
NamDa. 1 car of cattle: Ed Fleetwood. Ba
ker, 3 cars of cattle; Hugh Cummlngs. Cor-
vallls. 3 cars of cattle, calves ana sneep;
G. J. Allison, Havre. Mont.. 1 car of cattle;
W. H. Russell. Steunenberg, Idaho. 1 car of
cattle, and Horseman & Son, Heppner, 3
cars of cattle.
Following are the sales of yesterday:
At. Price.
297 lambs a ''
20 steers livi o-
IS steers ...1301 7.15
2 steers 1310 6.00
5 steers 12"6 6.50
2 cows 1070 5.0O
2 cows . 1135 .r.75
5 cows 1178 5.00
1 bull 1580 3.57
17 cows 1123 '.'..pi
2 cows 1405 5. .3
2 steers 940 6.50
28 steers 1010 0.85
25 steers 1149 7.00
27 heifers 907 0.15
11 cows 1007 5.65
13 steers 906 6.65
27 cows 1024 5.50
4 steers 1027 6.O0
23 steers 1034 ' 6.50
3 cows ' 1070 5.ii.
4 steers 1225 7.00
8 steers 1100 O.flO
10 steers 1071 0.75
25 steers 1073 0.90
20 steers 1097 0. i.i
5 steers 127S 6.75
3 steers 1290 0.25
20 steers - 1218 7.00
24 steers 80S 5.85
5 steers 1242 7.00
steers 1155 0.75
1 steer 1070 6.25
2 steers , 1215 0.25
3 cows 790 4.75
2 cows ....................... 9S5 4.73
1 cow 1100 8.50
10 cows 1824 0.00
20 steers 1154 0.75
2 cows 1110 3.00
1 steer . , 770 3.00
2 .steers' S70 4.25
1 steer 935 5.00
150 iambs 59 5.25
119 lambs 73 i'..25
30S lambs 59 5.25
130 lambs 01 3.25
11 lambs 54 4.50
7 cows 974 5.50
0 cows 1011 ' 5.25
12 steers 1209 0.50
1 calf 510 3.50
3 calves 400 6.50
The range of prices at the yards was as
folios:
Choice steers $6.75i$7.00
Good steers 6.001i 0.05
Medium steers 5.75 tn) 6.00
Choice cows 5.75 0.00
Good cows 5.501 5.75
Medium cows 5.00 Hi 5.50
Choice calves T.0Ot 8.50
Good heavy calves 6.00 rS 0.50
Bulls 3.50 5.00
Stags 4.75 0.00
Hogs
Light S.OOTil 9.00
Heavy 0.25 7.50
Sheen-
Yearlings 3.0Afi 4.00
Wethers - 3.00fo 4.60
Ewes 2.85 fil 3.75
Lambs 4.00 5.25
Receipts at Chicago.
CHICAGO. Aug. 19. Cattle Receipts. 18.
000 head: market, best strong to 10c up.
Beeves. 5.75 ffi. 10.50 ; Texas steers. $5 i 6.8.5;
Western steers. $6.25 JT8.75; stockers and
feeders. 84,S57.30: cows and heifers, 12.65
6 8.15: calves. $0.50(5 9.75.
Hogs Receipts. 32,000: market. Blow.
Light, jiS.05fe8.C0: mixed. $7.75S.60; heavy,
$7.608.50; rough, $7.653 7.85: pigs. $5.75&
8.15; bulk of sales. $S.05 S.50.
Sheep Receipts 85.000: market, steady to
shade off. Native. $3.15S4.30: Western. $3.30
ft 4.25: yearlings. $4.30f3 5.40; lambs, native,
$4.2u(tj7.15; Western, $4.25&7.15.
Coffee at New Y'ork.
NEW YOP.K, Ausr. 19. Coffee No. 7 R1o,
14c- Santos No. 4. .steady. September, 12.7Sc;
March, 12.9SC
Elgin Butter Firm at 25 Cents.
ELGIN. 111.. Aug. 19 The quotation com
mittee of the Elgin board this afternoon de
clared butter firm at 25 cents.
CUTOFF WORK IS RUSHED
Southern Pacific Lnylng Track Rap
idly at Forest Grove.
FOREST GROVE, Or., Aug. 19. (Spe
cial.) The construction work on the
Southern Pacific cutoff into this city
is being rushed to completion. . The
grading is completed to Third street,
and about a quarter mile of track is
laid. Work will be resumed as soon as
the weather permits. Electric car3 will
be running, it is said, by. October 1.
The site for the $10,000 brick depot
on Main street and First avenue has
been cleared and construction work
will commence at" once. A freight
depot, 100 by 200 feet in size, is to be
constructed on the corner opposite the
passenger depot.
With the completion of this line, this
city will have direct communication
with Portland over two electric lines.
As a result, outside capital is becom
ing interested here and a rapid rise in
real estate values along the right of
way is apparent. The advent of this
line is given credit for the building
activity this Spring and the healthy
growth of all lines of business.
Care Prevents Forest Fires.
HUSUM. Wash., Aug. 19. (Special.)
W. Laubengayer, a ranger in the forest
reserve, bordering on the west line of
Klickitat county, states that he has had
but little difficulty with fires this sea
son. He asserts that the people are
becoming more educated each year in
regard to the danger of forest fires,
and exhibit more precaution with
camp fires. Mr. Laubengayer travels
on foot ilong his patroling grounds,
stopping over night alternately at
Camp u, Hnsum, and near the new log-ri:i-r
' r."";i fire miles brlow here.
GRAIN SUPPLY GROWING
ALTHOUGH VISIBLE WHEAT IS
LESS, MIXORS ARE MORE.
Oats Makes Biggest Advance. Total
Now ' Being 1 889.000 Bushels
More Than Week Ago.
NEW YORK. ' Aug.- 19. The visible sup
ply of grain in the Unted States Saturday.
August 17. as compiled by the New York
Produce Exchange, was as follows:
Increase.
Wheat 18.144.000 01.000
Wheat in bond -. l.lSO.OO.. .13.000
r.orn 2.220.(PO h'20.000
Oa,. " ... 2.009.1100 SS9.000
Oats in 'bond".".: - fn"0 '"""H
Rve -. i!i.'MH!
Barley
Barley In bond b4,000
5.000
10,000
) 0Grfl.OC
yie leading futures ranged as follows:
WHEAT.
Sept $.93 $.94 $ -9J J4
Mav:::::: :K :?h :
CORN.
Sept SS'i -70 .69", -9
Dec 54 -.54 ..3 .-? 5
May 53 ' .53 T .52
OATS.
Sept 32 .S2H 31 i
Dec 33 .33 .3:?s ,
May. 35 .354 -34i -3
MESS PORK.
Sept 18.10 18.17Vi 1810 815
Oct. lS.17ii 17.271, 18 15 18.20
Jan 19.10 19.15 19.00 19.00
LARD.
Sept 11.00 l'l.Oo 10.97 H lK.Slhi
Oct 11.074 11.12(4 11.07, 11.0. H
Jan 10.90 10.90 10. SO 10.80
SHORT RIBS.
Sept 10.95 II.O214 10.95 . 10.95
Oct 10.92 V- 10.97 hi 10.924 10.974
Jan 10.124 10.15 10.073 10.074
Grain statistics:
Total clearances of wheat and flour were
equal to 258.000 .bushels. " Primary receipts
were 2,310.000 bushels, compared with 1,
205,000 bushels the corresponding day a
year ago. The visible supply of wheat in
the United States increased 162.000 bushels
for the week. The amount of breadstuff on
ocean passage decreased 1.744.000 bushels.
Estimated receipts for tomorrow: Wheat. 204
cars: corn. ISO cars; oats, 38 cars: hogs,
14,000 head.
Wheat on Puget Sound.
TACOMA, Wash., Aug. 19. Wheat Blue
stem. 81c: club. 78c Receipts: Wheat, 23
cars; oats, 1 car: hay. 9 cars.
SEATTLE. Wash., Aug. 19. Wheat
Bluestem, 79c: forty-fold. 76c: club, 76c: fife.
6c: red Russian. 74c. Yesterdays car re
ceipts: Wheat. 11; flour. 11; hav, 9; corn, 1;
oarley l.
Ban Francisco Grain Market.
SAN FRANCISCO, Aug. 10. Spot quota
tions: Walla Walla. $1.47 4 1.50; red Rus
sian, nominal: Turkey red, $1.55 1.57 la :
bluestem. $1.55 1.574 : feed barley. $1.223
1.25; white oats. $1.601.65; brain. $24.50
2; middlings. $3334; chorts, $:SS28.50.
' Wheat at Minneapolis..
MINNEAPOLIS. Aug. 19. Wheat Sep
tember. 9144c; December, 924c; May, 96c.
Cash: No. 1 hard. 11.1111; No. 1 Northern,
$1.05; No. 2 Northern, $1.034; No. 3
wheat, B9c$1.01.
European " Grain Market.
LIVERPOOL, Aug. 19. Wheat October.
7s 5ftd; December. 7s 34d. Weather, rain.
PARALYSIS BRINGS DEATH
Mother1 of Portland Woman Passes
Away at Klamath Falls".
KLAMATH FALLS, Or., Aug. 19.
(Special.) Mrs. Lizzie M. Schallock,
wife of Deputy Sheriff Schallock, died
suddenly Friday. At breakfast she
seemed as well as usual, but later she
telephoned her husband that she was
ill. When he reached the house, being
alarmed, he called two physicians, who
did what they could for her, but with
out avail. Paralysis set in and theend
soon came.
She was conscious for some time
after her husband reached home, and
realized that death was near and left
loving messages for the rest. oT the
family.
She was a native Oregonion, having
been born at Junction. Or., 54 years
ago. She came to Klamath County in
1872 and has resided here since that
time. The family consists of a daugh
ter, Mrs. Junior Daggett, of Oak Ridge,
Or.; a son, Mark Schallock, Chiloquin,
Or., and a granddaughter, Gladys Schal
lock. Two sisters also survive, Mrs.
Fred Melhase, of this city, and Mrs.
J. R. Sharp, of Portland.
Mrs. Schallock was an active mem
ber of the Presbyterian Church, and
had- been for some time president of
the Ladies' Aid Society of that church.
She was also a member of ihe Degree
of Honor and of the Women of Wood-
After trying it for a
year Hillsboro
comes right back
after more bitu
l i t h i c pavement.
There's a reason.
Call at Room 700
J o u r nal Building
for "Bitulithic
Whys."
J.C.WILSON&CO.
STOCKS, BONDS, GRAIN AND COTTON
MEMBERS
NEW YORK STOCK EXCHANGE..
NEW YORK COTTON EXCHANGE.
CHICAGO IIOAHD OF TRADE.
THE STOCK AND BOND EXCHANGE,
SAN FltANCISCO.
' PORTLAND OFFICE:
Main, Floor Lumbermens Bank Bldg.
Fifth and Stark.
Phones Marshall 4120. A 4187.
ESTABLISHED 1694
Railway, Lighting, Power,
Water, Gas, Irrigation
Construction Operation
Reports
85 SECOND ST.. SAN FRANCISCO.
NEW YORK NEW ORLEANS
Arch. J. Tourtellotte
PUBLIC AUDITOR, ACCOUNTANT
' Specializing
Industrial and General Office Systems
Security Audits
614 lean Cuildlns
UNITED STATES DEPOSITORY
THE BANK OF CALIFORNIA
NATIONAL ASSOCIATION
OF SAX FRANCISCO
FOVNDF.D 166-1.
Capital Paid in $3,500,000
Surplus and Undivided Profits; .$7,905,912
BRANCHES
Seattle, Tacoma and -Virginia
Portland,
We buv and sknII Forelsn Exchange; issue Drr.ft;
and Cable. -Transfers, Commercial Credits and
Traveh rs' Letters of Credit available in all
part" of the world; make collections on all point
and conduct a general foreign aid domestic
banking business.
INTEREST PAID OX TIME AND SAVINGS DEPOSITS.
PORTLAND OFFICE
Northwest Corner Third and Stark Streets
CHAMBER OF COMMERCE Btril.DINfi.
WM. A. MAC RAE, Manaieer. J. T. Bl RTCHAELL, Aaat. Mounter.
THE UNITED STATES NAT13NAL BANK
PORTLAND, OREGON
The up-building of this bank has been due to a policy
that has been conservative, but progressive. Now rank
ing; as one of the strongest financial institutions in the
Pacific Northwest, it offers clients every facility for
the prompt and proper transaction of all branches of
domestic and foreign banking, and. such liberality of
treatment as is consistent with prudence. Accounts are
solicited from those who contemplate opening new or
additional accounts.
CAPITAL, SURPLUS AND UNDIVIDED PROFITS
OVER TWO MILLION DOLLARS
n
LUFV3BERMENS
National Bank
i
A progressive commercial bank
with a Savings Department, under
Government supervision.
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 1S59.
Capital Stock
Surplus ad Undivided Frolits...
Commercial and Savings Accounts
Letters of credit, drafts and travelers' checks issued, avail
tble in all parts of the -s'orld.
OFFICERS
XV. M. I.ofld. Pie!dent. Robert S. Howard, Aaat. Caahle
EdTvard Cooklngham. VlecPrea. J. W. Lnilil, Aaat. t.'anblf r.
W. 11. DuackJey. Cashier. Vi uilc-r 31. Cok, Aat. CaablcIW
THE LARGEST STEAMER IN THE WORLD
!r OLYMPIC
AMERICAN LINEI
York Plymouth Cherbours
Southampton.
Atlantic Transport Line
New York London Direct.
RED STAR LINE
New York Dover Antwerp Paris
WHITE STAR LINE
w York Queenstown Liverpool
New York l'l.v mouth Cherbourg
Southampton.
Boston Quceiintow n Liverpool
UOAtoa .netiiierruiieiiu
Company's Office Koom "B" Balky Bull.
v Local Kailivuy ami
Wonto Mediterranean nuij
TRAVELERS' Gl'IDE.
COOS BAY LINE
STEAMSHIP BREAKWATER
Sails from Ainsworth Dock. Portland,
at 9 A. il.. July 24. 29; August 3,
8, 13 18, 23. 28. Freight received at
Ainsworth Dock daily up to 5 P. JL
Passenger fare first-class, $10; secomi
clnss, 1, Including btrth and meals.
Ticket office Ainsworth Dock. Phonos
Main 2600. A 2::32.
AUSTRALIA AND NEW ZEALAND
(Union Line of '. Z.)
SYDNEY VIA TAHITI AND WELLINGTON
Direct through steamers, mailing from S.in
Francisco Aug. 21. Sept. 18 and every 2S
days. The line to Isle of the South Sean.
For reservations see Coupon Railroad Apents
or address Hin.'l. Rolph & . senera.
agents. 67ft Market St.. San Francisco
LOS AXJKLF.S AND SAN IllMfiO
STEAMSHIPS YALE AND 1 1 A it V A H D
Railroad or any steamer to San Fran
cisco, the Expo City. Largest, fastest,
and the ONiA" strictly first-class ias
senster ships on the Coast. Average speed
28 iulles per hour; cost $2.uO0.UO'J each.
SAN FRANCISCO, PORTLAND & L. A.
S. .. CO.,
Main 62S. Frnnls Kollnm. A-.-.mt. A
IV S 1 ! : . ,
15
City
.$1,000,000.00
. 800,000.00
Sails ran
SEPT. 7
NEW
YORK
Sept. 28 -Oct. 19
Nov. 9 Nov. 30
WHITE STAR-DOMINION
Montreal Quebec Liverpool
"MEGANTIC" & "LAURENTIC
Largest and Finest Steamer
on St. Laivreneo Koula
Only Four Days at Sea
TO liUKOPE IX COMr'OllT AT MOD
ERATE RATES.
Twin Screw S. S. "Canada" and "Teutonic"
ONB CLASS (ID CABIN SERVICE
THIRD CLASS CLOSED ROOMS
BuKBaae checked ihiouBh to Steamer
In Bond. Embark night before iallln.
i -- - c .
line, Second and Cherry feta.. Seattle, or
fclcamsliip AirenM.
No hotel or tranBlt-r expense.
TRAVELERS' GUIDE.
San Francisco, Los Angelei
and San Diego Direct
3. S. Roanoke and S. S. Elder
Sail Every Wednesday Alternately at 6 P. M.
NORTH PACIFIC S. S. CO.
122 A Third tit. l'Uonea Main la 14. A 1311
EXTRF.SS STEAMERS FOR
6a o Francisco and Los Angeles
WITHOUT CHANGE
S. S. BEAVER, 9 A. M., August 20.
THE SAN FRAN. PORTLAND 8. S. CO.
Ticket Ol'liro Hi Third Street,
l-liono Mala 2605, A 1402.
Drain to Coos Bay
Auto Every Day. Wire Reaervationa t
t O. MATTOON, Drain, Or.