Morning Oregonian. (Portland, Or.) 1861-1937, August 21, 1912, Page 17, Image 17

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    17
THE 3IORXTXG OREGOXIAN, WEDNESDAY, AUGUST 81, 1913.
PHKIN6 TO START
Oregon Hops Ripening Rapidly
With Sunshine.
MARKET GAINS STRENGTH
While Xo Buying Is Beinsr Pone
Iferc. Situation Grows Firm in
Sympathy With California
Developments.
If the present e"her continues but
there are chines that it wn't hopplcklns
will commence In some Oregon yards In less
than a week. Reports from ihe Willamette
Valley hop-produclrc districts yesterday are
to the effect that the crop Is rlpenine rapid
ly undr the steady .sunshine and that the
quality, promises to he better than fair.
Unless vermin and mould get In their de
structive work the Oregon crop this year
should be better than usuaL Last week's
rain Increased the sire and weight, giving
those hops that Jiad been a little backward
tome additional growth. All that it re
quires cow is steady sunshine.
Pending the first definite reports from
the growing centers regarding the condi
tion of the crop, little buying will be done.
Buyers want to wait to learn whether the
hops are affected. If they are not the
market will stiffen up. Even If the pest has
done some damage It Is believed that the
market will remain firm unless the damage
Is so great as to make the crop partially
worthless for commercial purposes.
Meanwhile the market Is gaining in
atrength every day. While the quotations
were not changed yesterday. It was a notable
fact that there were no sales at current
prices.
In California, where picking has been In
progress for a few week?, the market is
quite active. Many buyers are on the ground
and they are forcing the prices up grad
ually. ,
CHAINS FAIL TO ADVANCE HERE
Diminished Supply Ha Not Affected Local
Market. '
In spite of the rain last week which re
duced the visible wheat supply of the Pa
cific Coast territory more than 50.000 bush
els, the market remains unchanged and dis
plays no signs of strengthening. Previous
quotations of 76 cents for club wheat and
3 to SO cents for bluestem still hold. In
some quarters these figures are considered
a trifle low. however. v
Carload receipts reported yesterday by
the Merchants Exchange were:
Wheat Barley Flour pata Hay
Mondav B'i 5 12
luerdsv 37 1 5
Vear ago 3 2 15 .. J
Season to date.. 749 f4 3 il
Ysar ago S2 3-' 3tS "S 3JS
Only Rip Grape to .Move.
The shipping of green grapes which had
commenced in some sections has been nipped
in the bud by growers and shippers, of the
Pan Joaquin Valley, who have taken a firm
stand for standardization. A number of
shipping firms, which together control about
"5 packing-houses, have pledged their sup
port to the movement and have agreed that
no Malagas testing less than IS per cent
sugar will be accepted fori shipment. In
spectors have been stationed In fruit dis
tricts of the San Joaquin Valley and it has
been decided to apply the sugar test not
only to Malagas but to all other grapes as
well, the ruies to be In effect for two weeks,
after which time all danger of shipping
green grapes will be over.
Sweet" Potatoes Go Quickly.
Few of the sweet potatoes received here
in carload lot on Monday remained at
the commission hcuses yesterday morning.
The car, which was consigned to Pearson,
Page & Company and to Bell & Company,
arrived Monday morning. By Monday eve
ning the entire lot had been distributed. The
shipment came direct from Turlock. Cal.
It Is probable that Northwestern "sweets"
will be In the market before the end of the
month.
Oregon rescues in Demand.
Regular shipments of Oregon peaches now
axe being received here. They are of a
superior quality and are In much favor,
selling at from 6tc to 05c a box. They are
grown at The Dalles. Other portions of the
state soon will be sending ripe peaches to
Portland. Another carload of California
peaches was received yesterday and sold at
70 to 73 cent.
Flour Prices Vm-uanged.
It Is probable that the new schedule of
floir prices announced by the millers last
week will remain fixed for some time any
way, until the new "wheat arrives. The
taudard "for patents now la $4.60; for
tralghts. $3.'-J: grahams. $4.00: old wheat,
t4 o. ' J
.Many Cantaloupe Shipped.
Shipments of cantaloupes from the Im
perial Valley this year have reached the
high-water mark of approximately 2900
cars. Last year bat 2581 cars were shipped
from the valley.
Bank Clearings.
Bank clearings of Northwestern cities yes
terday were; ,
Clearings. Balances.
Portland Jl.S49.56l 1S0.04
Seattle 2.0S2.240 143.443
lacoma 5S.901
Spokane S18,2U4
61.925
77,410
FORTLAND MARKETS
Grain. Floor. Feed. Eta.
WHEAT Track prices, new: Club, 76c;
bluestem, 79o; fortyfolU. 77c; Valley, 78c
FLOUIt Patents. f4.50tH.75 per barrel;
Straights. S3.M0; exports. J4: Valley, f4.su.
BARLEY Spot. S 24.30& 2i; futures.
$23. oil 'jj Zi.
MILLS-TUFFS Bran, $25 per ton;
horta. 2S; middlings, f?2; rolled barley.
'"HAY Eastern Oregon timothy. J15: Val
ley timothy. $12913; alfalfa, f lliS12; clover.
(10- oats and vetch. flotfU; grain hay,
f'.O'sll-
CORN Whole. $39: cracked. $40 per ton.
OATS Spot. $2S per ton; futures, $24.90.
Vegetable and Fruit.
FEESH FRUITS Apples, new, $1M.73
per box: peaches. 35 & 70c per box; plums.
7ic41.10 per box; ieara, fl.2utfl.50 per
box: apricots. $1.23 per box; grapes. 65c ui
$1.73 per crate; blackberries, 50c & 1 1 per
craze.
TKOPICAL FRUITS Oranges, Valencia.
$3 30fr4: California grapefruit. $4.60;
l:nor.s. 5.5u per box; pineapple, to per
pound.
MSLOXS Cantaloupes. 50cfr$1.50 per
era.-' witermelons, Slfvl.13 per hundred.
ONIONS Walla Walla. 0ctf$i per sack
POTATOES Jobbing prices; 2urbaak.
new. tsoMoc per hundred; sweet potatoes,
41.. c per pound.
VEGETAIUJiB Artichoke-!. 65S73e per
eoje-n; beans. 2r. cabbage, lmo per
pound: cauliflower. il1.25 per dozen: cel
ery 75983c per dozen; corn, 5f25c per
d-5i'en: cucumbers. Sue per box: egirplanr.
7luc per pound: head lettuce, 10025c
per dozen: peas. 81 9c per pound: peppers,
8 V 10c per pound: radishes. 13620c per
dozen; tomatoes. 51573c per box; garlic.
Sfilue per pound.
4.CK VEGET ABIES Carrots. $1.50 per
sack; turnips. $1.25 per sack; beet. $1.50
per sack. 1
Staple brecerlee.
fALMOX Columbia River. oce-pounj
tails. $2 25 per dosfn; eight-pound tails.
$2.95; one-pound fla. $2.40; , Alaska pink,
one-pound tall. $1.21
COFFFE Roarted. in drums. S614C40e
per pound.
HONEY Choice. $175 per case; strained
coney. 10c per pound
NUTS Walnuts. 16lWo pet- pound:
Brazil nuts. 12c: filberts. 14915a: a.
monds. 1721c: peansts. St4c: coootnuts.
enerTSt Pr dozen; chestnuts. 124o per
pound: hickory nuts. 6-5100 per pound.
SAX. T- Granulated, i SIB per. ton: half,
groond. 100s $7.50 per ton: 60s. $S ter ton
BEANS Small wble. 6.40c: large white
8 20e; Lima, fltte; pink. 4.15c; Mexicans.
4c: bayou. 41c 1 . . .
SUGAR Drr erantlated. I5.S5: trull and
Keer-v S r TTnnnlnln plantation. $5.S0;
beet. 13.65; extra C, $5.35: powdered, bar
rels. $6.10: cubes, barrels, $6.25.
RICE No. 1 Japan. 6e: cheaper grade
SCSKc: Southern head. 7Ve.
DRIED FRUITS Apples. 10c per ponna:
apricots. 12tfl4c; peaches. SSUo: prunes.
Italian. 4in- ailver. lffe: firs white and
Mack. 6'4 67c: currants. 9Vjc; raisins, loose
Muscatel. B"4F'c; oieacnen inoinimii,
HUc: unbleached Sultanas. S'ic: seeded. 7 H
SSHc: date. Persian. 8je per pound; Fard.
$1.60 per box.
Dairy and Country Produce,
EGGS Caa count. JJc; cae.Ued. Its; ex
tras. 27c per doxen.
CHFE3E Triplets and daisies. 17 Vie p
pound: voung Americas, ISiic per pound.
BUTTER Oregon creamery butter, cubes.
81c per pound; prints. 82fee per pound.
PORK Fancy, lute, per pound.
VEAL, Fancy. 144 15c per pound.
POULTRY Hem, 1313c: broilers. 15
lc; ducks, young, lit? 12c; geese. 10 lie;
turkeys, live. I!jj20c; dte&sed. 242Sc
Prevision.
HAMS All sizes. 17lSc; picnics. 12c:
cottage roll. 12,c. '
BACON Jancy. 2627c; choice. 20O21e.
DRV SALT MEATS Backs, dry salt. II1
12',c; backs, smoked. 132 14c; exports,
dry salt. 12 "je; smoked, 14c
LARD Tierce basis, choice. 13tte; com
pound. 9iic: leaf, three-pound pails, $8-1
per case.
MISCELLANEOUS Pigs1 feet. kits. $1.;
sliced beef, insides. $23 per case: tried beef.
Insides. 23c per pound: bologna, canvas
back. 10Hc; minced ham. 12c.
Hops. Wool and Hldee-
HOP? 1!12 contract. 1920c; 19H
crop, nominal. -.
MOHAIR Choice. 32c per pound.
WOOL Eastern Oregon. 1418o . per
pound according to shrinkage; Valley, 214
622'ic per pound.
PELTS Dry. 13c: full wool butcher pelt.
$1.2S J. 75: shearlings. 251150c.
H 1 ri f.s KaitH kin.. 11M ft 1 2e ner nound:
salted calf, 1-6 19c: salted kip. ll!2c:
green hides, 11c; dry calf. No. 1. 25c; No.
2. 20c; dry hides, 20922c; salted stags. i
wee; green stags. B'.itiC . k
CASCARA Per pound. 45c; earlota. t
6314c. -
GRAIN BAGS Spot. In car lots. 11c; 1913
bags, nominal at 77iie..
Linseed Oil and Turpentlne.
LINSEED OIL Raw. barrels, T8c; boiled,
barrel. 78c; raw. cases. 81c; boiled, case.
83c.
TURPENTINE Cases, 63c; barrel, 60ttC
DM
I
fi
AVHE.T CLOSES SHADE HIGHER
AXD STRENGTH GROWS.
September Corn Leads and Finishes
Xear Top Oats Also Are Firm.
Provisions Are Lower.
CHICAGO. Aug. 20. Wheat maintained a
fairly steady tone, closing from a shade to
1c hlaher. Alternating between strength
and weakness at different periods the mar
kept kept within narrow limits and display-id
some firmness. Weakness of cash demand
and negligible Investment buying were off
set by shorts covering on Hgni spots wnen
prices fell away.
Corn finished near me lop, bepiemoer
leading.
Export demand helped oats values ana tne
market ruled firm.
Provisions closed from 10 to 2j cents
lower.
The leading futures ranged as follows:
, WHEAT.
Open. High.
Low.
$ .93
.92 Vi
.965,
Close.
$ .93i
.92 S
.96
Sept $ .93. $ .93
tec 92 .91'-
May 96 i .96
CORN.
Sept 70 .70
Dec....... .539 .53
May .63 .53 H
.69 .
.53i
.52
.70
.53
.53 hi
OATS.
Sept
.32 .32U
.32 .32
.347 .31",
MESS PORK.
.31
.32
-34V
.32
.32
.34
Dec
May
Sept...
Oct....
Jan....
18.10
18.15
19.05
18.121
1S.17
19.05
LARD.
17 921i
17.97
18.72',-
17.92
17.97
18.721-
Sept
Oct
Dec
10.95
11. 0
10.80
10.95
11.05
10.80
lO.ROVs
1O.90
10.70
10.S2H
10.90
10.70
SHORT RIBS.
Sept 10.90 10.90 10.80 10.85
Oct 10.90 111.90 10.50 10-eO
Jan 10.10 111.10 9.97 9.97H
Cash quotation were as follows:
Flour Steady.
Rye No. 2, 7:72':c.
Barley Feed or mixing, 42ISc; fair to
choice malting, 63 5 70c.
Timothy seed $6.
Clover seed $10 (if 15. 50.
Mess pork S17.S7 u i IS.
Lard In tierces, flu. 75.
Short ribs Loose, f 10.80..
Grain statistics:
Total clearances of wheat and fiour were
equal to 206.000 bushel. Primary receipts
were 1.U5.000 bushels, compared with 741.-
000 bushels the corresponding day a year
ago. The world's visible supply, as shown
by Bradstreet's. decreased 1,072. 000 bushels.
Estimated receipts for tomorrow: Wheat.
2S!) car: corn, 152 cars; oats, 188 cars;
hogs, 26,000 head.
Wheat on Puget Sound.
TACOMA. Wash.. Aug. 20. Wheat: Spot.
bluestem, 81c; September and October, Soc;
club, 7$c. Receipts, wheat. 82 cais, barley 4
cars, corn 2 can, hay 56 cars.
SEATTLE. Wash.. Aug. 20. Wheat, blue-
stem. 79c: fortyfold. iuc: club. ,dc: Fife.
76c; red Russian. 74c. Yesterday's car re-
re.pts, wneat 4 cars, corn , oat v. oariey
2. hay 30. flour 4. rye 1.
San Francisco Grain Market.
SAN FRANCISCO, Aug. 20. Spot quota
tions: Waila Walla. 11.47 ft l.Su: red Rus
sian, nominal: Turkey red, $1.5581.57;
bluestem, fl.Oj-B 1.0. leea Parley. i.!j
1.27; white oats. $1.6061.05; bran. $24.30
4)25; middlings. $5334: shorts, $2828.30.
Wheat at Minneapolis.
MINNEAPOLIS. Aug. 20. Close: Wheat,
September, 81 c; December, U2e; May,
"6&96c, Cash: No. 1 hard, 97c; No.
1 Northern, 9296c; No. 2 Northern.
b894c; No. 3 wheat. 86e91c
European Grain Markets.
LIVERPOOL. Aug. 20. Close: Wheat, Oc
tober. 7s 5d; December, 7 3d. Weather,
cloudy.
BOSTON WOOL. MARKET VERY FIRM
Tendency Appears to lie Upward. Although
prices Are Unchanged.
BOSTON. Aug. 20. Price held firm in
the local wool market during the past week
and the tendency appears to be upward.
Quotations'
Scoured basis, Texas line, six to eigne
tnontbs. 53fto5c; 12 months. Son? 62c; fine
Fall. 45S46C
California, Northern, 51 g 52c; middle
county. 4S350c; Southern. 47448c; -Fall
free. 45 47c.
Oregon. Eastern No. 1 staple. C2ig63c;
Eastern clothing. 5557c; valley. No. 1, 30
52c.
Territory, fine staple, 6770c: fine medi
um staple. 65i67c; fine clothing. 6062c;
fine medium clothing, 5S60c; half blood,
combing. 62 64c: three-eighths blood comb
ing. 57 & 58c; quarter-blood combing, 53 35c.
Chicago Produce) Market.
CHICAGO. Aug. 20. Butter Steady;
creameries. 2224c: dairies, 21 23c.
Eggs Firm. Receipts, 9474 esses- at
mark, canes included, 16c; ordinary firsts,
17c; firsts. 19c.
Cheese Steady; daisies, 15915c;
twins. 14feloc; Young Americas, 15
15c; lung horns, 15i15c.
Naval Stores Market.
SAVANNAH, Ga.. Aug. 20. Turpentine
firm. 40c; aales. 455; receipts. 455; ship
ments, 5H1 : stocks. 38.900.
Rosin firm: sales, 745; receipts. 2000;
shipments. 3!00; stocks. 10B.O00. Quote: B.
$6::i; D, $6.45: E. $6.65; F, $6.75; H. $6.75;
I. $il.0: K. fii.80; M. $6.90; N. $7.13; WG.
$7.00 ; WW. $S.
Poultry at San Francisco.
SAN FRANCISCO, Aug. 20. Poultry
prices today in the local market were as
follows: Hens, $410; roosters, old $4,
voung fO.oOg 7.30; fryers. $5.50tf6.50; broil
ers, large $3,503 4. small $333.50: ducks, old
$.1??4. young $:1.505.50: squabs, 1.50j2;
geese. $22.50; pigeons, $1.50.
Cotton at New York.
NEW YORK. Aug. 20. Cotton closed
easy, net decline. 9 to 12 points.
NEW ORLEANS. Aug. 20. Spot cotton,
steady, unchanged. Middling, 11 1316c.
Wool ,at St. Louis.
r--e . J-.V-TO -n TTrutt CI.,.!..
dium grades, combing and clothing. 23
26c: light fine, lBfi 21e; heavy fino 13tf
18c; tub washed. 26 35c.
Dried Fruit at New York.
NEW YORK. Aug. SO. Evaporated apples
auiet. Prune ftara. Pewau dni
COPPER
DEMAND
Most Sales on Exchange Are
of Metal Shares.
RAILWAYS ARE INACTIVE
Coal Carriers Show Some Life, but
Transoontinentals Are VJnder
Restraint Amalgamated
Heavy at Close.
NEW TORK. Aug. 20. Copper constituted
the big bulk; of today's deslings In the
stock market, with a sprinkling of kindred
Issues and equipment shares. Speculative
favorites and the more standard securities
were very quiet and narrow of movement.
Inquiry for coppers was traceable In part
to trade advices, which point to a renewal
of last Spring's good demand, together with
rumor of probable increase of copper divi
dends and prospects of higher prices for
the metal Itself.
The railway list as a whole did not fig
ure prominently. Reading and. Lehigh Val
ley were under leas restraint than earlier
In the week, but Union "Pacific and Ca
nadian Pacific were Inclined to react mod
erately. Coalers, such as "Wheeling and Lake Erie
and Toledo, St. Louis A Western, were
somewhat active.
In a comparative sense United States
Steel was the heaviest of the better-known
industriala and this fact was made prom
inent by reason of the better tone displayed
by the independent competitors, notably
Bethlehem steel.
Highest quotations were registered be
fore the close, with heavy absorption of
Amalgamated the feature. Money was In
better demand here, with many call loans
at 3 per cent. Time loans were unchanged.
The bond market was featureless. Total
sales, par value, were $1,475,000.
United States Government bonds were
unchanged on call.
CLOSING STOCK QUOTATIONS.
Closing
Sales. Hleh. Low. Bid.
Amal Copper .. 16.0U0 87
Am Agricult
Am Beet Sugar. 100 71H
American Ciin.. 5,700 41
do preferred.. 700 119 4
Am ar & Fdy.. 2.00O 61H
Am Cotton Oil.. 500 54
Am Ice Seturi.. 500 26
Am Linseed ... 100 13
Am Locomotive 2.100 4',
Am Smel & Ref 0.500 S7
do preferred..
Am Sugar Kef.. 3M 128 V,
Am Tei & Tel.. 500 140 Vi
Am Tobacco
Anaconda M Co 39.000 45 Vi
Atchison 2.900 10:4
do preferred.. 1,200 102
Atl Coast Line.. 100 146
Bait & Ohio 40O lOSVi
Bethlehem Steel S.OilO 42 Vi
Brook R Tran.." 600 !3
Canadian Pac. 4.400 27SVi
&5
'iivi
41
uv;
60
53
25 Va
13
45
86
128
146
43
109 Vi
102
146
10s V4
41
92
277
29 Vi
X2
19
107
142
32
146
15
173
22
37
54
46
1H3
140
46
131 .
20
60
121
19
16
87
39
71
41
119
61
53
25
13
48
(-7
108
128
146
26S
45
109
102
143
10S
41
92
277
29
82
19
17
142
32
146
IS
172
22
39
35
37
54
46
182
140
411
131
20
60
' 121
20
16
27
107
171
167
153
38
136
39
31
117
36
117
86
12l
31 Vi
125
117
109
25
3S
170
170
8
91
26
.12
3.1
23
33
56
112
31
81
43
22
172
91
83
51
llSVs
64
48
4
14
.18
82 V
Central Leathac. S0O 29
Ches ft Ohio ... .1,500 o-iii
Chi Gt West ... 1.500 10
C. M ft St Paul. 1.000 107
Chicano 4 N W 100 ,142ii
Col, Fuel & Iron 300 32
Consol Gas .... 300 146'i
Corn Products.. 500 1 5 vi
Del & Hudson.. 200 173Vi
D R Grande.. 200 23 Vi
do preferred.
Distillers' Securl 3.700 86
Erie 6.400 87 H
do 1st pf .... 10t 54
do 2d pf . ... , 500 46'
Gen Eleatrlc ' 000 1S3
Gt North Pf .... 3.300 141,
Gt North Ore .. MO 46 Ti
Illinois Central. 100 131V,
Interbor Met .. 2,70 20,
do preferred.. 1.20O 60
Inter Hsrvester. 100 121 ?
Inter Marine pf. ' "HO 20
Int Paper l.ioo IrtTt
Int Pump l'W 27 '
K C Southern.. 700 2S
Laclede Gas
Lehigh Valley.. 2,000 171 i
Louis & Nash.. 4O0 16S
M. S P S S M 300 154
Mo. Kan & Tex. 300 3S
Nat Biscuit .T. ' 100 137
National Lead.. 200 60
N Ry Mex a pf
N Y Central... 1.10O 1 117S
N Y Ont Wes 1.600 36
Norfolk West 1.300 11S
North American 3.400 Srt
Northern Pac .. 3.700 130
Pacific Mall
Pennsylvania ... 4.400 123
People's Gas ... 100 117Vj
P. C C ft St L. . 200 110
Pittsburg Coal.. 21.000 26
Pressed 5 Car.. oo 3
Pull Pal Car .. 700 170Vi
Reading 21.400 171
Rrp Iron ft Steel 1.40" 2R"4
do preferred.. 1.50O nii.
Rock Island Co. 40i 2H;
do preferred.. 1.100 32Vi
St L A S F 2 pf 100 85
Seaboard Airline 200 24
do preferred.. S0O 53 Vi
Sloss Sheffield .. 1.60O 56
Southern Pacific BOO 112
Southern P.y ... 2.0O0 31H
do preferred.. 70rt SI
Tenn Copper ... 2.600 43
170
167
153
3S
137
60
in"
36
117
8.1
129
124
117
109
37
170
170
28
26
.12
3.-.
23
32
.16
112
31
81
42
Texas ft Pacific.
Union Pacific . .
8.900 173 172
do preferred. .
U S Realty .... 100 R4 fi
V S Rubber ... 400 51 514
U S Steel 29.200 74 73
do preferred.. 300 113 113
Utah Copper ... 7,400 64Vi 63V4
Va-Caro Cbem J. . . . . .....
Wabash -.... ..... .....
do preferred...
Western Md ... 1.000 59 5S
Westing Elec .' . S.IOO S! S7
881.
:si4
Wheel ft L E.. -1.300
Total sales for tho da:
6 6 0
355.400 shares.
Stocks at Boston.
BOSTON, Aug. 20. Closing quotations:
Allouez
46 Mohawk 67
87;.Vevada Con .... 22
30 jNlpissinr Mines. 7
5'Vorth Buttn 30
7 North Lake 5
Amalg Copper.,
A Z L ft Sm...
Arizona Com
B ft C C & S M.
Cnl ft Arizona..
77Old Dominion... .19
Cal ft Hecla....540 iOsceol
..118
..91
Centennial 22 KJulncy
Cop Ran Con Co 58 Shannon 16
B BUlte t-Op Jd. l.vfl luijenur
Franklin 11 I tp ft Bos Mln.. 2
Glroux Con .... 5 Tamarack 42
Granby Con ... foU S S R ft M... 43
Greene Cananea. 10 I do preferred... 4
I Royalle (Cop) 36!utoh Con 12
irerr Lake 2. Utah Copper Co. 63
Lake Copper.... 35 Winona 5
La Salle Copper 6 Wolverine 106
Miami copper... 29
Money, Exchange, Etc.
NEW YORK. Aug. 20. Money on call
steady 23 per cent: ruling rate, 2 per
cent; closing bid, 2 per cent; offered at 3
per cent. ...
Time loans steady: for 60 days, 8 per
cent: for 90 days. 4 per cent: for six months,
S?i Per cent. Prime mercantile paper,
5WC Per cent.
Pterllng exchange steady, with actual busi
ness lr bankers' bills at $4.8430 for 60-day
Mils and at $4.8715 for demand. Commercial
bi.'u. $4.83.
Bar silver, 62c
Mexican dollara, 48 c.
LONDON, - Aug. 20. Bar silver steady;
2Sd per ounce.
Money 1 per 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. 20. Sterling on
London. 60 daye. $4.83; do sight, $4.86.
Silver bars, 62c
Mexican dollars, nominal.
Drafts, sight, 1 per cent; do telegraph, 4
per cent. .
SAN I'ltANCISCO PRODUCE MARKET
Prices Quoted at the Bay City for Vegre
tables, limits, Etc
SAN FRANCISCO, Aug. 20. The follow
ing produce prices were current here today:
Fruit Apples, choice. 73c; common. 40c;
Mexican limbs. $5 65-50: California lemons,
choice,' $6; common, $2: pineapples, $2
2.75.
Cheese Young America, 1315c.
Butter Fancy creamery. 33c
-Eggs Store, 25c: fancy ranch. 30c
Vegetables Cucumbers, 1533c; garlic,
2fc3Vc: green peas, S5c; string beans,
73c?i$l."25: tomatoes. 2573c; eggplant,
33S60c; onions. 50865c.
Mlllstuffs Bran, $25.50(526; middlings,
$35?3.
Hay Wheat. $12iS'21.50: wheat and oats,
$1920: barley. $14617; alfalfa. $11 13.50.
Receipts Flour. 9706 quarter sacks;
wheat. 310 centals: barley. 6400 centals:
oats. 960 centals: potatoes, 3975 sacks; hay,
3SS tons; wool, 136 bales.
Coffee Futures at New York.
NEW YORK. Aug. 20. Coffee futures
closed etesdy and from 6 to 15 points net
higher. August. 12.8Sc: September, 12.93c;
October. 12.96c; November, 12.96c: Decem
ber 13.00c: January and February. 13.02c;
,9 n - inHI 1 n rlc Mnv 13.09c:
June, 13.07c; July. 13.04c. Spot, firm. Rio
7s. 14c; Santos 4s 13c; mild, quiet; Cor
dova. 16ei7c;
Metal Market at New York.
- NEW YORK. Aug. 20. Copper firm:
standard spot and August, 17.25(517.50: Sep
tember 17.37 Q 17.50; October. 17.3017.50;
electrolytic. 17; lake, 17; casting, 17
ttl" V..
Lead firm. 4.504.60.
Spelter quiet. 7.0.1 7.13. '
Antimonv quiet. Cooksons. S.60.
Iron firm; No. 1 Northern, 16.50 17.00;
No. 2 Northern. 16.00 18 16.73; No. 1 South
ern and No. 1 Southern soft, 16.25itJ16.75.
Tin firm. Spot, 46.30tf 47.00; August, 46.30
6 46.00; September, 46.25lj40.60.
NEW YORK. Aug. 2i. Copper arrivals at
Xew York, 70 tons. Exports this month, 14,
738 tons.
London copper firm. Spot and futures, 78
17s 6d.
London tin firm. Spot 211 15s: futures.
209 10s. Sales on the local exchange, 23
tons.
London lead. 19 10.
London spelter, 26 10s.
Iron, Cleveland warrants. 61s 9d.
Hop, Etc., at New York.
NEW YORK. Aug. 20. Hops, steady.
Hides, firm.
Petroleum, steady.
Wool, quiet.
Raw sugar, firm. Muscovado. S9 test.
3.554 3.61c: centrifugal. 96 test. 4.03'9 4.11c;
molasses, 89 test. 3.30&3.36c. Refined,
steady.
Has at Duluth.
Dl'I.I'TH. Aug. 20. Linseed on track and
In ssorc. $1.S7: to arrive, $1.83: September.
$1.82 nominal: October, $1.72 bid:' Novem
ber, $1.71 Hskid.
F
I
ASTORIA EXGIYEER SUBMITS
APPENDIX TO REPORT.
Plans for Improvement of Harbor
and' AVaterfront Comprehensive
and Costly.
ASTORIA, Aug. 20. (Special.) In
connection with Astoria's proposed har
bor'and waterfront improvements, Paul
Whitham. engineer for the Port of
Astoria Commission, recently prepared
a set of maps and detailed plans which
provide for the construction of 19 lineal
miles of wharves, exclusive of piers
and quays in the district between
Tongue Point and Fort Stevens, but
including Young's Bay.
These projects were divided into
what were termed initial and subse
quent improvements, the former
designed to be undertaken in the im
mediate future and the latter when
the demands of commerce require them.
These plans were included in a report
which has been approved by the com
mission. Mr. Whitham has now pre
pared an appendix to that report in
which he makes an estimate of the cost
of each of the suggested initial . im
provements. It is as follows:
Project No. 1. This improvement is
for a public wharf and motor-boat
landing at the foot of Fifteenth street.
It includes a wharf 50 feet long with
a sheet bulkhead, driveways and two
sheds. Its cost is estimated as fol
lows: Bulkhead. 555 lineal feet' at $20
a foot. $11,100; wharf platform, 36.970
square feet at 50 cents, $18,485; shed,
3700 square feet, at 65 cents, $2405;
open shed, 4000 square feet at 40 cents,
$1600; log floats. 1050 square feet, at
$1.50 a foot, $1575; seven stairways at
$50 each, $350; contingencies, $4485;
total cost, $40,000. '
Project No. 2. This improvement fs
designed to provide accommodations for
deer-sea craft at Smith's Point. It in
eludes a quay 1400 feet long and 120
feet wide with a shed 90 by 800 iret
with driveways and railroad tracks on
the north and at the rear, while back
of the shed is to be a fire-proof ware
house 100 by 500 feet. The cost, ex
clusive of the warehouse, but includ
ing the filling in of six acres of land, is
estimated as follows:
Wharf, 1500 lineal feet at $50 a foot,
$75,000; shed, 800 lineal feet, at $60 a
foot. $48,000; training wall, 2300. lineal
feet at $20 a foot. $46,000; railroad
tracks, 8000 lineal feet at $3.50 a foot,
$28,000; plank roadway, 3000 lineal feet
at $10 a foot, $30,000; fill, 541,440 cubic
feet at 15 cents, $82,000; contingencies.
$31,000; total cost, $340,000.
Skipanon Waterway In providing
for the improvement of the Skipanon
waterway, two plans are suggested:
one is for dredging a channel 16 feet
deep at low tide and 150 feet wide
on the bottom, while the other is for
the same depth of channel but only
100 feet wide. The engineer, however,
recommends that the wider channel be
built.
For the 150-foot channel the cost Is
estimated as follows: 885,000 cubic
yards of excavation at 15 cents, $132,
750; 7000 lineal feet of bulkhead at $15
a foot, $105,000; contingencies, $27,250;
total. $265,000.
For the 100-foot channel, the esti
mated cost is: 708.000 feet of excava
tion at 15 cents, $106,200; 7000 lineal
feet of bulkhead at $15 a foot. $105,000;
contingencies. $25,800: total, $237,000.
Floating Drydock A ' modern well
equipped drydock, capable of docking
a 5000-ton vessel, should not cost over
$200,000. A recently-constructed float
ing dock capable of handling a 10,000-
ton vessel, is reported as having cost
approximately $400,000. The dock at
St. Johns, owned by the Port of Port
land, which is rated as having a lifting
capacity of 10.000 tons, is said to hsve
cost $364,000, Including real estate. This
Is intended to give a general idea of
the probable cost of a floating dock.
Dredgers At a river port there Is
continually more or less dredging re
quired, consequently it may prove' an
advantage for the port to own and op
erate a dredge. A moderate-sized
hydraulic dredge, fully equipped, with
a capacity, in sand, of from 8000 to
10,000 cubic yards per day, should not
cost over $125,000, including towboats,
pontoons and piping.
"BORAX" SMITH SURPRISED
Nevada Man Notes Possibilities of
Southwestern Oregon.
KLAMATH FALLS, Or., Aug. 20.
(Special.) Among the visitors of note
to Klamath Fa3 is William A. Smith,
president of the San Francisco & San
Jose Railroad, more familiarly known
as "Borax" Smith from his interests in
the borax mines of Nevada, Mr. Smith
came by automobile and will visit Har
riman Lodge and Crater Lake before
his return.
He expressed surprise at the possi
bilities he sees in this country for
farming, lumbering. Summer tourist
travel and in other lines, and says
that the reality exceeds the expecta
tions he had formed.
John R. .Moore, County Judge, and
R, M. Johnson, County Attorney, of
Anderson County, Texas, are also here
looking over the ground for possible
investments. They will a.lep see the
beauties of the scenery around the
Upper Lake and the Crater before re
turning. '
To parties planning to visit this sec
tion by automobile, it is suggested that
the trip be made from the north by
way of Bend, Or., rather than by way
of Medford, as the road over the Cas
cades is a difficult one to ascend from
the west side, and very easy of ascent
from the east side. If it is desired to
visit the valleys of the Rogue, Umpqua
and Willamette, this can be done on
the return trip, going down from
Crater Lake to Medford, thence north.
Visitors from the south should come
to Klamath Falls, and then take the
trip over the mountains by way of
Medford. going as far north as they
choose, returning across the Siskiyous
by way of Ashland, for the same rea
son. Both mountain chains are more
Easily crossed this way.
HOGS GO TO
89.25
Grays Harbor Shipment Sets
Season's Record.
CATTLE MARKET FIRM, TOO
Swine Raising Industry in North
west Gets Much Encouragement
by Recent High Prices.
Mutton Weak.
Hogs went to 19.25 at the local stock
yards yesterday a new high level for the
season.
The record -hreakers were received here
yesterday morninc from the Grays Harbor
Commercial Company, of Hoqulam, and
were raised in that vicinity. As a living
proof of the (act that there is a constant
and steady demand or Northwestern pork
stock at better than market prices this lot
of hoirs Is considered sufficient to satisfy
even the most skeptical.
A has been asserted quite frequently ot
late that packers are willing to pay better
than nominal rates for hogs grown in Ore
gon, Washington and Idaho. They always
are sure- of paying the full market price.
Although the hog-raising Industry has been
given considerable impetus In the last few
years the high prices paid for Oregon stock
last week and for Washington products yes
terday is expected to encourage farmers of
the Northwest even further.
The lowest price paid for hogs yesterday
was $8. which went to a lot of 12 averaging
302 pounds in weight. The market la ex
ceedingly firm.
Cattle continue to hoid firm, a pair of
1200-pound staers yesterday going to $6.$5.
The cattle market was strong in all lines.
As on the previous day there was no activ
ity in the mutton division.
Aeceipts yesterday were: 115 cattle. 2
calves. 166 hogs and 60 horses and mules.
Among yesterday's shippers were: W. C.
Eddon. Terrebonne. 3 cars of cattle; M. T.
Sherrltt, Drain, 1 car of cattle and calves;
Utah Construction Company, Matin, Utah,
3 cars cf horses and mules, and Grays Har
bor Commercial Company, 2 cars of hogs.
Yesterday's sales were aa fellows:
Weight. Price.
3 steers ., 1213 15.75
2 steers 1200 6.S5
2 steers 1120 6.50
1 cow 920 3.50
6 cows ...................... .1015 5.75
X cows 9S6 4.73
5 cows 96 4.00
S calves 395 6.00
2 cows 1O10 4.00
12 hogs 352- 8 00
19 hogs 240 8.50
135 hogs 201 9.25
The range of prices at the yards was as
follows:
Choice steers $6.75'? $7.00
Good steera 6.00a 6.65
Medium steers 3.75 6.00
Choice cows 3.75W 6.00
Good oows 5.."0-i 5.7,1
Medium cows 3.00 'f? 5.50
Choice calves 7.U0 8.0O
Good heavy calves .onj 6.50
Bull 3.30 Sj. 5.00
Stags 4.73 6.00
Hogs. .
Light -.. 5.00 9.25
Heavy 6.25'd' 7.5U
Sheep
Tearlings 3.fl0i 4.00
Wethers 3.00 4.60
Ewes 2.S.-.I8 3.75
Lambs 4.00 5.25
Omaha Cattle Market.
SOUTH OMAHA. Neb.. Aug. 20. Cattle
Receipts. 5000: market steady. Native steers,
5.7rif7 10.:iO: cows and heifers. $3. 25 37. 7.1;
Western steers. $0.00 -9.30 : Texas steers.
$4.50 i&i 6.30; cows and heifers, J3.00(ffi7.0O;
canners, $2.7.14.00; Blockers and feeders,
$4.00!S7.7S: calve.", $1.258.25; bulls, stags,
etc.. $4.00fi5.7.1.
Hogs Receipts, 7200; market steady.
Heavv. $7.00Si S15: mixed, $8.0P5 8.1.1: light,
ss.iofc x.:i.i: pigs. $U.50Hj7.50; bulk of sales,
$8.00 '8. 15.
Sheep Receipts. 2.1.00O; market slw.
Feeders, flow; fed muttons, $4.50 5.25;
wethers. $S.50ra4.25; ewes, $3.O03.65;
lambs, $3.50&6.75.
Chicago Livestock Receipts.
CHICAGO. Aug. 20. Cattle Receipts.
1500; market steady. Beeves, $5.85a 10.50:
Texas steers. $3.00i-65: Western. JSS.t
8.70; stockers and feeders. $4. 2.141 7.30: cows
and heifers, f 2.U5'8.15; calves, 6.30a.l5.
Hogs Receipts, 9600: market steady.
Light, ss.iofi 9.72 : .mixed. $7.R.1'g:S.70;
heavy, $7.701 8.60; rough, $7.70f7.90; pigs,
$0.75ifiS.2o: bulk of sales, $S.15fi)S.5.1.
jjl,ep Receipts, 2500; market steady. Native-
$3.2.1'i 4.25: Western. 53. 2oig 4.2.1; year
Unas. $:i.uiii 5.2.1; lambs, native, $4.407.00;
Western, $4.:i0f 7.15.
WHEAT SUPPLIES LOWER
KRALSTREETS F1XD 1,0 7 2,000
DECREASE IX WEEK.
Canadian and Western Crops Re
duced While Floating Stock Is
Absorbed Oats Supply Grows.
NEW TORK. Aug. 20. Special cable and
telegraphic communications received by
Bradstreets show the following changes in
available supplies, as compared with previ
ous account: Available supplies:
Bushels.
Wheat, United states east of the
Rockies, inrreased
United States west of the Rockies,
decreased
Canada, decreased
Total United States and Canada,
ef-rensed .......................
517.000
5S.OO0
731,000
272.000
Afloat for and in Europe.' decreased SOO.OOO
Total American and European sup
plies, decreased 1,072,000
Corn. United States and Canada, de
creased 735,000
Oats. United States and Canada, in
creased 293,000
SEATTLE CHAMBER "ACTS
Commercial Body Would Head Off
Gold Going1 to San Francisco.
SEATTLE. Wash., Aug-. 20. In order
to divert Alaska gold from the San
Francisco nint, where it is firoing in
great quantities because no fee is col
lected there, while a rate of $1.25 a
thousand is exacted at the Government
assay office here, the Seattle Chamber
of Commerce today decided to pay a
differential of 75 cents a thousand on
all Alaska gold deposited in tne Se
attle assay office.
This differential together with the 50
cents express charges on gold shipped
to San Francisco will offset the as
saying fees and bankers and business
men believe that the stream of gold,
which for more than a year has been
flowing to San Francisco, instead of
to Seattle, will be turned into that
city again.
When you think of Newberg hereafter
classify it in your mind as a progres
sive city. It has adopted bitulithic as
the best pavement with which to im
nrove her streets. Call at room 700
Journal bldg. for "Bitulithic WHYS."
lumbersv5ens
National Bank
: 1
BONDS
Yielding 5 to 6 Per Cent
Capital - - 1,000,000
First National
Capital
Surplus
Oldest National
Rocky
LADD & TILTON BANK
Established 1859,
Capital Stock
Surplus and Undivided Profits........
Commercial and
Letters of credit, drafts and
able in all parts of the vorld.
OFFICERS
VF.ti. Lniti, IVestdent. Robert S. Howard, Asst. Casfcle
EdTrard Cookinsham. VtcePrea. W. Ladri, At. Cnsbtir.
W. H. Duncitley. Caahlcr. Walter M. Cook. AmU Cafcle&
The Canadian Bank of Commerce
INCORPORATED 1SIS7.
-Toronto. Canada. New York 16 Exclmnse rlace.
London 2 Lombard Street.
Head Office
Over three hundred other branches in the United States and Una. a.
EveVy care taken of collections. Drafts pn all foreign countries and
prindipa cities in United States and Canada bought, and sold, and a
general banking business transacted.
Interest allowed onTime and Special Deposits.
PORTLAND BRANCH, SECOND AND STARK STREETS
F. C. MALFAS, Manager.
The record of
years of satis
faction of
BAEBER
asphalt:
compels- the at
tention pf ob
servant tax
payers. It sets
the stan d a r d
by which all
other street
pavements are
judged.
J.C.WILSON&CO.
STOCKS, BOXDS, GRAIN AXD COTTON
MEMBERS
NEW YORK STOCK EXCHANGE.
NEW YORK COTTON EXCHANGE,
CHICAGO BOARD OF TRADE.
THE STOCK AND BOND EXCHANGE,
SAN FRANCISCO.
PORTLAND OFFICE: -Main
Floor Lumbermens --Bank Bldg.
Fifth and Stark.
Phones Marshall 4120 A 4187.
TRAVKLEIIS' Ct'IDE.
SHORT LINE
19 DAYS
IS DAYS
nlpn-ntecf nnrl mciR mmfnrtublc of ell OCC.in VOy-
jyres trip arrosJ the Pacific to the Antipodes. Splendid
Manners "SONOMA" and "VENTURA", 10,000 tons
displacement. 44 davs San Francisco to Sydney, Australia,
and back, with a day at HONOLULU each ay. stops at
PANG0 PANG0 (SAMOA) and six days at SYDNEY, the
most beautiful and healthful city in the world.
For rest, recreation andpleasure no other trip compares
with this. Stevenson said of Samoa, "No part of the world
cterts the same attractive power upon the visitor.
Round trip rates, 1st class, from San Frann'co:
HONOLULU $110: SAMOA $240; SYDNEY $30(1.
R0UN0 THE WORLD $W0 1st cabin; $375 Sd cabin,
via Ceyion Ecypt, Italy, etc. LiberaUton-overs.
Sailings every two weeks: Aue.13, 'u, Sept. 10, 24, Oct.
8. etc. "Write or wire X0JV for berths.
OCEANIC STEAMSHIP CO.. 673 ktokrt St. Sin Frinckeo
NEW YORK - PORTLAND
REGULAR FREIGHT SERVICE.
Low Rates. Schedule Time.
AMERICAN-HAWAIIAN S. S. CO,
215 Railway tulianje BidK
Portland, Or.
Main 83TS. A 3022.
COOS BAY LINE
STEAMSHIP BREAKWATER
Sails from Ainsworth Dock, Portland,
at 8 A. M, July 24, 29; August ,
8, 13 IS, 23. 8. Freight received- at
Ainsworth Dock daily hp to 5 P. M.
Passenger fare first-class, 10; second
class, J7, including berth and meals.
Ticket office Ainsworth Docit. PUon&s
iivain 3600, A 2332.
CBR1F
Bank
$1,500,000
900,000
Bank West of the
Mountains
. $1,000,000.09
800,000.09
Savings Accounts
travelers checks issued, avail
TRAVELERS GUIIE.
nnnii
AMERICA
In the World
Larsett S.S. Co-
1.210.000
TOSS
Atlantic
Service
London, Paris,
Hamburg
Knlserin Auk. Vic.Auk. 2, 11 A.M.
Pres. Lincoln Auk. 31, 12 noon
Cleveland Sept.. 5, 12 noo
(I'atricla Sipt. 7, 3 P. JI.
r Hamburg direct. Second cabin
only. ' -
MEDITERRANEAN
GIBRALTAR, NAPLES. GENOA.
S. S. MOLTKE
OCTOBER 1,1P.M.
S. 8. Cincinnati. ..Nov. 2, 12 noon
TWO IDEAL CRUISES
AROUND
THE
INLAND
EXCURSIONS
and
SIDE TRIPS
WORLD
IS DAYS IN JAPAN
18 DAYS IN INDIA
From New York i From San Franrlsco
OCT. 19, 1112. 1 I'IB. 6. 11)13.
VI. S. S. CLEVELAND "j,
DURATION OF EACH CRUISE
110 DAYS
650
j I Including all rieee.i
? 1 rary expenses anoar 1
up ami ashore, railway
hotel, shore excursions, carriages,
guides, feea. etc.
Write for booklet of any cruise.
Steamer Anvil
Sails from
Coucli-Strcct Dork wetlncsuny.
Aueust 21. 7 r. M.
For Newport, Florence and Kandou.
Freight and l'ussenscrs.
Frank Bollam. City Ticket Agent. 12S Third.
Phones Main ti2S. A 4.i'.)tl.
C. E. Brown, Frt. and Pass. Agt.,
Couch-
St. Dock. Phnnec M
iin Will. A 41111.
San Francisco, Los AnjelsJ
and kn Diego Birecl
S. S. Roanoke and S. S. Elder
Sail Every Wednesday Alternately at 6 P. JL
NORTH PACIFIC S. S. CO.
122 A Third St. l'honen Main 1314. A 1311
rww is ira ' a
EXPKESS STEAMERS FOR
Ean Francisco and Los Angeles
WITHOUT CHANGE
S. S. BEATER, 8 A. M., August 20.
THE SAN FRAN. PORTLAND 8. 8. CO.
licket Ofllce 142 Ihird Mreet.
l'lioue Main g05. A 1402.
Drain to Cogs Bay
Auto Every Day. Wire Heervationa ta
O. MATTOON, Drain, Or.
I HAMBURG - AMERICAN
3 LINE I
I Powell St . San KrRnrisco. ""'!
3 6.-W. K & S. Co.. Nor. Pacific, f,
3 Route. Milwaukee & Pncet f"
Sound B- Great North- IJ
ern Railway Co.. Dorsi-y Of
Y B. Smith, li!) Fifth St.. Af
A Portland, Or. yf
iQv Copyright. 11)12. yft'