Morning Oregonian. (Portland, Or.) 1861-1937, August 28, 1912, Image 17

Morning Oregonian., August 28, 1912, Page 17, Image 17

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Newspaper Page Text17 MORNING OREGONIAN. WEDNESDAY, AUGUST 28, 131S. THE WHEAT TRADE HEAVY Northwestern Farmers Now Selling Freely. PRICES ARE ATTRACTIVE Bnjers in tlie Market Actively, HaT ing Missed tlie Opportunity to Secure Wheat Earlier at Much Lower Prices. The attitude of wheat farmers is bullish, but a good many of them are letting go. now that the prices offered coincide with their Ideas of the value of the grain. The volume of business passing In the country I, assuming large proportions. Buyers are taking hold vigorously, realising they per mitted an opportunity to slip by not enter ing the market earlier when prices were at a lower range. Wheat Is now selling for 4 or 5 cents a bushel more than three weeks ago. There Is less trading under way in the coarse grains. Barley is nrmly held. Spot cats are also firm, but the new crop is quoted easier, as liberal offerings are ex pected soon. Local receipts. In cars, were reported by the Merchants Exchange as follows: Wheat Barley Flour Oats Hay Monday 1J ? M ' Tuesday 1 j 4 "3 " Eelsc" "date. 1070 1M Ml JJ ? Year ago .... 547 45 410 94 39 Foreign crop conditions are summarized by the Liverpool Corn Trade News as fol lows: United Kingdom. This is the fifth week in succession that the weather has been wet and cold and therefore very little wheat has been cut and put under cover. There are some reports of sprouting, but this condition Is not general. France There has been a further heavy downpour of rain and In some districts threshing has been stopped. Germany. Harvesting is progressing slowly and the wheat shows much inferior quality, with the markets bare of supplies. Italy. Native wheat Is firmly held. The weather is favorable for corn. Austria. The yield and quality is Inferior to that of last year. Hungary. The corn roots have benefited ty the recent rains. Roumania. The weather is unsettled and tool. The wheat threshing is finished and a shortage is confirmed. The corn crop is promising well. Bulgaria. The wheat crop is yielding well and corn Is also promising well. Russia. The quality and yield of wheat In some of the important districts is poor, but there are larger offerings of new wheat. Argentina. The outlook for the crop is satisfactory. India. The crop outlook is satisfactory. wlh a promise of continued large ship ments. Australia. The outlook for a good crop depends on good weather conditions to the end of September or beginning of October. Portugal. A decree admitting both wheat and corn free of duty by the Government Is expected in due course. WFSTERN WOOL SALES AT BOSTON. esr Cllpa l Selling In the K"t at Good Prior. Recent wool sales In the Boston market, according to mall advices, were as follows: Seventy thousand pounds three-eighths Wyoming. 33 H cents: 50.000 pounds half blood Wyoming. 21 cents; about 800,000 pounds half, three-eighths, common and braid. Soda Springs wools for half-blood. S cents, for three-eighths blood. 2 cents, and 25 cents for common and braid. Fine taple Montana was sold at 24 to 24 H cents. Medium wools of a prominent Montana clip were sold around 24 cents: fine and fine medium clothing wools at 1SH cents; this was a lot of 70.000 pounds of Nevada wool: also among the sales of territory was that of 300.000 pounds of Idaho wool at 20 to 21 i cents. Another house has transferred over half a million pounds of territory wool In the original bags and graded. Including various classes and grades. Other houses have sold territories freely, making a large aggregate of transfers the past week. Among the sales were 100.000 pounds of Arizona wools at 1 to 23 cents. DEMAND FOR PEACHES IS HEAVY. Frier Range 15 Cents for Unwrapped to 60 Cents Best Elbrrta and Crawfords. The demand for peaches was good all day yesterday. ITnwrapped stock sold at 25Q40 cents, Crawfords at 450(0 cents, and Yakima Elbertas at 6560 cents. A fresh car of the latter arrived. Watermelons also moved freely. Among the melon receipts was a carload from Northern California. Cantaloupes were steady at X1.25 for jumbos and 11.30 for standards. There was a good trade in Casabaa at $2 a dosen for the best. Grapes were, unchanged in price, Malagas in lug boxes bringing $1.40 g 1.50 and blacks selling at S1.25 a crate. Celery Is coming In more freely and Is going well at 50 a 75 cents a doxen.. The potato market continues weak, the best Burbanks Jobbing at 75 cents. OREGON HOP MARKET 19 BLOCKED. email Demand. No Hellers California Inquiry Active Weather Better In England. There is no trading under way In the Oregon hop market. There are reports of bids being made at various prices, but there are no sellers. The farmers are siting now until their crops are baled, and the buyers are disposed to hold back pending a deter mination of the quality question. Samples of Marlon County fuggles are being displayed in the Salem offices. In California there is an active demand for the new crop at 18 cents, with growers asking 20 cents and few offerings. English cables reported the weather again favorable but the London market was firm and advancing. On the continent the weather was bad. Wheat Selling Freely In Umatilla. PENDLETON. Or.. Aug. 27. It Is esti mated that more wheat changed hands In Umatilla County Saturday than on any other one day since the famous season of 1X7. It Is thought that In the neighbor hood of 500.000 bushels was sold. The prices paid ranged from 70 to 70 cents a bushel net to the grower. No single day's sales have been as great for several years, and It was on the same day of the month and at the -same price In 11H7 that a record for sales in one day was established. On Au gust ". B 1 1 U "(l.Ull " H AUBW 1H1X there was general selling In all sec tions by farmers when the price reached 70 cents. There would have been sold thousands of sacks of wheat more Saturday had the buy ers been willing to take unlimited quantities of the cereal at 70 cents. Most of the buyers, however, were limited in quantity by the houses for which they purchased. As the news spread throughout the county that 70 cents could be had for wheat the farmers began pouring Into tha towns and calling up on tha telephone until the long distance office was nearly swamped. Poultry Stock Accumulating. Poultry supplies are accumulating on Front street. Receipts have been larger this week and buyera ara holding back, probably because of tha large fruit consumption. Dealers shaded prices on hens and springs In order to clean up. Dressed meats were scarce and firm. The egg market waa unchanged and rather quiet. Recelpta were moderate. Cheese waa quoted ateady and butter firm. Sugar Market Is Lower. Tha sugar market is firm. 5 In the East tha market is strengthening. Raws are ad vancing, but there has been no change yet in the price of refined. Bank Clearings. Clearings of the Northwestern cities yes terday were as follows: Clearings? Balances. Portland 1.542.S75 i8,585 Seattle 1.739.135 ...346.4,5 Tacoma 727.S51 98.10S Spokane - 418, 752 41,60 PORTLAND MARKETS. Grain, Flour. Feed, Etc. WHEAT Track prices, new: Club. 79c; bluestem. 8"-'c: fortyfold. 80c: Valley 80c FLOUR Patents $4.60 per barrel; straights. 3.U0' 4.-0; exports, S3.C0(B 3.i5; valley, X4.60. BARLEY Spot, 24.5025; futures, 123. 50 424. MILLSTCFFS Bran. S24.50 per ton. shorts, JJ7.J0; middlings, 32; rolled barley, I2S. "hay Eastern Oregon timothy, S13: Val ley timothy. $12013: alfalfa. Ill12: clover. $10: oats and vetch. $1011; grain hay. $1011. CORN Whole, 33S.50: cracked. W9.50 per ton. OATS Spot, $2829 per ton; futures, $25. Vegetables and Fruits. FRESH FRUITS Apples, $12 per box: peaches, 25j'60c per box: plums, 2c per pound; pears. fl.20fjl.go per box; apricots. $1.25 per box; grapes. $1.25l.a0 per box; blackberries, SOcfefl per crate. TROPICAL FRUITS Oranges. Valencia. fi 'rOU : California grapefruit. $4.50: lemons, $Sj.."i0 per box: pineapples. 6c per pound. MELONS Cantaloupes. B0c$1.50 per crate: watermelons. Jl1.15 per hundred; Cassabas. $1.50 V 2 per dozen. ONIONS Walla Walla. 75c per sack. POTATOES Jcbtlng pices: Burbanks, 604J 75u per hundred; sweet potatoes, 4c per pound. VEGETABLES Artichokes. 6.11750 per dozen; beans. 2c; cabbage. llttc per pound: cauliflower. $l& 1.25 pet doren; cel ery. 5Oc075c per dozen; corn. 1525s per d.izen; cucumbers. 50c pel box; eggplant, 7610c per pound: head lettuce, 20 25c per dozen: peas. S3 9c per pound; peppers, A.n 1. -...4I..K.,. 1 -. I r- tier otgiuc per pouuu; iouwum, . . - dozen; tomntoea. COS 60c per box; garlic. OI0 1VC per puuuu. PACK VEGETABLES Carrot. $1.50 per sack: turnips, $1.25 per sack; beets, $L5U per sack. Dairy "id Country Produce. EGGS Case count, 22i23c; candled, 25 26c- extras, 27c per dozen. CHEESE Triplets und daisies, 17c per pound: young Americas, 18c per pound. BUTTER Oregon creamery butter, cubes, 31c per pound: prints. 32 hie per pound. PORK Fancy, 11HS12C per pound. VEAL Fancy. .14 M 4 15c Per pound. POULTRY Hens, l21jl3He: broilers, 14 igl4c; ducks, young. Ilffl2c; geese. 10 11c; turkeys, live. 18(20c; dressed. 24fc25c Staple Groceries. SALMON Columbia River. one-pound tails. $2.25 per dozen; eight-pound tal's, $2.1)5: one-pound flats, $2.40; Alaska pink, one-pound tails, $1.25. COFFEE Roasted, In drums, 26H40c per pound. . HONEY Choice. $3.75 per case; strained honev. 10c per pound. NUTS Walnuts, 16lsVjc per pound; Brazil nuts. 12Vic: filberts. 14TlSc; al monds. 17"(r21c: peanuts. 5il4c; coroanuts, ROcfjfl per dozens chestnuts, 124c per pound: hickory nuts. 6? 10c per pound. MEANS Small white. 5.40c; large white, 5.20c; Lima, 6c; pink, 4.15c; Mexicans, ; bayou. tjc. SALT Granulated.. $15 per ton: half ground 100s. $7.50 per ton; 50s. $S per ton. SUGAR Dry granulated, $5.95; fruit and berry. $5.6.1; Honolulu plantation. $5.90: beet, r,75; extra C, $5.45: powdered, barrels, Jti.20; cubes, barels, $il.35. RICE No. 1 Japan. 6c; cheaper grades, 5$'5ic: Southern head. lQTin. DRIED FRUITS Apples, 10c per pound: aprlocts, 12'a 14c: peaches. Sialic; prunes. Italians. SlOc: silver. ISc; figs, white and black. 6',j&7c: currants. Hc; raisins, loose Muscatel, eysii'c: bleached, Thompson, imc; unbleached Sultanas. 815c: seeded.7 6 84c; dates, rersian, SVic per pound; hard. $1.60 per box. Provisions. HAMS All sizes. 17Ufil8e; picnics. (11 tic: cottage roll. 12 He cottage roll. 12tic BACON Fancy, 265? 27c: choice, 2021c. DRY SALT MEATS Backs, dry salt, 11 Vi Vizc; bucks, smoked, 13iii-14c; exports, dry salt. 32c: smoked, 14c LARD Tierce basis, choice. 134c; com pound, 9',ic; leaf, three-pound palls, $8.30 per case. MISCELLANEOUS Pigs- feet, kilts. $1.35; sliced bef, insldes. $23 per case; Irish beof, insldes, 25c per pound; bologna, canvasba.:k, 10c; minced ham, 32c. Hons, Wool and Hides. HOPS 1012 " contracts. 19820c; 1S11 crop, nominal. MOHAIR Choice. S2c per pound. PELTS Dry. 13c; full wool butcher pelts, $1.251.75; searings, 25&50C. WOOL Eastern Oregon. 14lSc per pound according to .shrinkage; Valley, 21 Vi fc22t-e per pound. HIDES Salted hides. lli12c per pound; salted cnlf. 1Srl0c: salted kip. ll12c; green hides, llcH dry calf. No. 1, 25c; No. 2. 20c; dry hides. 20ff22c; salted stags, 7V4 feHc: grein stags, 6Sfr7c. CASCABA Per pound, irgsc; carlots, 6 ej5'c. GRAIN BAGS Spot. In car lots, 11c; 1913 bags, nominal at 77c. Linseed Oil and Turpentine. LINSEED OIL Raw. barrels. 76c; boiled, barrels, 78c: raw, cases.- 81c; boiled, cases. 83c MILLS LARGE BUYERS WOOL TRADING AT BOSTON IS OX HEAVY SCALE. Tendency of Prices Is Upward. Strong floods Market Is Important Factor. BOSTON, Aug. 27.'- Manufacturers have come into the local market for wool during the pr.st week to a considerable extent. Buy ing has been principally by the larger op erators. Values are firmly maintained and prices are tending upward. The goods mar ket was strong. Ohio fine unwashed cloth ing fleeces sold at 2oi cents and 24 ceuta and territory wools at 2325c. Texas fine, six to eight months. 5353c; One, 12 months. 60 82c; fine. Fall, 454tic. California Northern, 51 (j 52c; middle county. 4Sf50c; southern, 47&48c; Fail free, 45 S 47c. Oregon Eastern. No. 1 staple. 666Sc; eastern clothing. 00c; valley. No. 1, 55c Territory Fine staple. 65 Q 67c; fine me dium staple, 4f 65c: fine clothing, 60c; fine medium clothing. S8959c: half-blood comb ing, 6264c; three-eighths-blood combing, 0ij58c; quarter-blood combing. 63i55c. Pulled Fine A, 58 90c; A supers, SS 57c 6 AN FRANCISCO PRODUCE MARKET Price Quoted at the Bay City for Vege tables. Fruits, Stc SAN FRANCISCO, Aug. 27. The follow ing produce prices were current here today: Fruit Apples, choice. 75c: common, 40c; Mexican limes. $5 5.50; California leni. ons, choice, $6; common, $2; pineapples, 2 2.75. Cheese Young America, lSfjlSc Butter Fancy creamery, 32 He Eggs Store, 26c; fancy ranch, 30c. VegetablesCucumbers, 25&'40c; garlic, 2t3c; green peas, .16 5c; string beans. $1 ft 1.50; tomatoes, 308 75c; eggplant, 354 60c: onions, 65 sj 75c. Hay Wheat. $1221.30; wheat and oats, $120: barley. $1417; alfalfa. $11013.50. Potatoes Salinas Burbanks, 41.30; sweets, $1.75 2.25. Receipts Flour. 6282 quarter sacku; barley, 7525 centals; oats. 1405 centals; po tatoes 2775 sacks; hay, 650 tons; wool, 340 bales. ' Change in Available Supplies. NEW YORK, Aug. 27. Special cable and telegraphic communications received by Bradstreet's show the following changes In available supplies as compared with pre vlots account: Bushels. Wheat. United States, east Rock ies, increased 889,000 United States west Rockies. In creased JftO.OO Canada, decreased 958.000 Total United States and Canada, in creased 221,000 AUoat for and In Europe, increased. 2,llXi, 000 Total American and European sup plies increased 2,321,000 Corn. United Stares and Canada, decreased 638,000 Oats. United States and Canada. In creased : . . . jj 1.103,000 Duluth Flax Market. DULUTH. Aug. 27. Linseed on track and In store. $1.94; to arrive. $1.83; September, $1.79: October, 1H.69V4 bid; November, $1.67 bid: December, $1.63 Vj. WIDE GAINS IDE All Around Advance in Wall Street Stocks. FOREIGN PRICES HIGHER Steel Touches the Best Quotation of the Year Colorado Fuel Pre ferred Jumps 20 Points. Money Firmer Abroad. NEW YORK. Aug. 27. The Congressional adjournment, further confirmation of the brilliant crop outlook and unabated demand for steel, iron and copper were the chief factors which imparted general strength to today's stock market. London's high range for American securities was -also a favor able Influence. . Opening prices showed gains in all the standard Issues, with 1 and 2-polnt ad vances respectively in St. Paul and Cana dian Pacific, the latter being especially strong abroad on buying attributed to Ber lin. Harriman and Hill Issues, as well as the entire granger group, manifested an upward tendency. Among the industrials. United States Steel mounted to its beet price of the year and practically all the tobacco Issues rose 8 points or more. Later there came a de mand for various minor specialties, Includ ing Colorado Fuel, common and preferred, with a 20-polnt gain for the latter: Ameri can Beet Sugar, Pittsburg Coal, American Can. Mexican Petroleum and the- local trac tions. London bought moderately here of Amal gamated Copper and Steel, but its sales of Pacifies probably offset these purchases. Discounts hardened abroad again with further intimations of an early advance in the bank rate. Firmness was reflected in prices on the Paris and Berlin exchanges. The local bond market was Irregular. To tal sales, par value. $1,560,000. United States Government bonds, registered 2s, ad vanced hi per cent on call. CLOSING STOCK QUOTATIONS. ' Closing Sales. High. LOW. Bid. Amal Copper .. 23,1im 8V, Am Agricult .. 30O 5i "!Vi " Am Beet Sugar. 14.200 75 72 i51j American Can .. 2,500 "41 34H 40 do preferred.. 200 lWfi 11!' HJ Am Car Fdy.. 7.50O HI 61 1 Am Cotton Oil.. 200 54 Mi l'i Am Ice Securi.. ,1,100 25 Job 25 Am Linseed JSJ Am Locomotive 200 46 40 Am Smel & Ret 3.100 88 Si 94 S, do preferred i",. Am Sugar Ref.. 2.700 120 12S l-W Am Tel & Tel.. 90O 145 144 T 144 Am Tobacco ... l.t'OO 272V4 tbS -6i)Vi Anaconda M Co 0.400 46 4-S 4o Atchison 3.5O0 10H 108 1J do preferred 9J Atl Coast Line.. 2"0 146 H5 145fc Bait 4- Ohio ... 7l) K'S li 108 Bethlehem Steel 1.2W 41 40 4 40 Brook R Tran.. 2.000 l2 . Ill l'l Canadian Pac .. 9.200 276 272 -i Central Leather 3.700 2! 29 -M'J4 Che. & Ohio... 1.400 82 81 82 Chi Gt Western. 1.000 II' 19 , C M& St Paul. 1.400 1 07 1 06 106 Chicago & N W IOO 142 142 142 Col Fuel & Iron 4."0 33 31 .13 Consol Gas' 400 145 14. 34.; Corn Products.. 4.500 16 1 1 Del ft 'Hudson.. 100 172 172 lii D ft R Grande.. 100 22 22 22 do preferred " Distillers' Securi 00 35 . SJ Erie 5.000 37 36 Si do 1st pf V?'4 do 2d pf .... 100 43 4. 45 Gen Electric ... 1.600 JK3 13 . 13 Gt North pf 5.10O 140 138; 140 Gt North Ore .. 1.200 45 4a 4.. Illnois Central. 100 131 131 130 Interbor Met .. 2.700 20 3 20 do preferred.. 2.70O 60 5!) ; Inter Harvester. IrJL, Inter Marine pf. 100. 19. 10 10 Int Paper 6(M IK 164 16 Int Pump 1.6011 27 27 2'l K C Southern.. 100 27 27 27)4 Laclede Gas ..... 10 1 Lehigh Valley.. 3,900 170 169 170 Louis & Nash.. 800 167 167 -16 1 M. S P ft S S M 1.400 153 150 1;H Mo. Kan & Tex. 500 29 20 29 Mo Pacific 90O 38 38 38 Nat Biscuit SOlt 140 r 140 140 National Lead .. 3.400 60 59 00 N Rv Mex 2 pf.. 30 N Y Central .. P"0 116 115 116 N Y. Ont ft Wes 700 37 36 37 Norfolk ft West. 500 11R 118 118 North American. 200 RflU 85 86 Northern Pac .. 5,800 129 128. 129 Pacific Mail 400 31 3 SI Pennsylvania ... 1.800 124 124 124 People's Gas J1 P c C ft St L.. 7O0 111 110 110 Pittsburg Coal . 4.3"0 25 24 '.25 Pressed S Car.. 80.000 3S 38 3S Pull Pal Car .. 200 171 170 170 Reading 33,800 171 19 171 Repub I ft S ... .500 28 28 28 do preferred.. 0O 91 91 91 Roik Island Co. 9U0 25 25 2a do preferred. . 20i 52 52 01 St L ft S F 2 pf 3H 35 35 35 Seaboard Airline...: 23 do preferred.. 300 52 52 52 Sloss Sheffield .. 100 56 50 56 Southern Pacific 1.10O 111 lio 111 Southern Ry ... 1.80O 30 311 30 do preferred.. 400 so 8 80 y4 Tenn Copper ... 50O 44 43 43 Texas ft Pacific 100 22 22 22 Union Pacific .. 16.100 172 170 172 do preferred.. ...... ..... ..... 91 V S Realty 84 U S Rubber ... 7O0 31 51 51 U S Steel 64.700 74 73 74 do preferred., l.loo 113 113 113 Utah Copper ... 6.500 67 66 66 Va-C.ro Chem.. IOO 47 47Sf 47 Wabash 200 4 4 4 do preferred.. ..... 14 Western Md ... 2O0 RS 58 58 Western Union.. SOO 82 83 81 Westing Elec .. 2.700 88 87 88 Wheel ft L E 6 Total sales for the day. 334,400 shares. BONDS. Overbeck & Reported Portland. by Cooke Co., of Bid. Asked. 115 Amer Tel Tel conv 4s 114 American- Tobacco 4s 96 American Tobacco 6s 120 Atchison general 4s 96 Atchison conv 4s 108 4 Atchison adj 4s stamped 89 Atchison conv 5s ...108 At Coast Line cons 4s 94 At Coast Line "L N coll" 4s. 94 Baltimore ft Ohio 3s 91 Baltimore ft Ohio 4s 97 Brooklyn Rapid Transit 4s 91 Can Southern first 5s 100 4 Chesapeake ft Ohio 4s 99 C B ft Q. gen mtg 4s 95 C B ft Q Joint 4s 96 C B ft Q Ills 4s BS C B ft Q Denver 4s 95 Central Pacific first 4s 94 Chicago ft East Ills 4s 77 Chleago-R I & P ref 4s 87 Chicago R I ft P Col trust 4s... 68 97 109 90 109 94 94 91 97 92 loo 100 95 96 99 95 94 78 88 68 t'oioraao ft puuuiein uibi p.i Denver ft Rio Grande 4a Delaware ft Hudson conv 4s... Erie first cons P L 4s Int Met 4s Japanese 4s Japanese first 4s JaDanese second 4s Louisville ft Nashville uni 4s.. Mo Kan & Tex 4s Missouri Pacific 4s K-. -Vnrlr Pftntrat 3 S ....... . 85 98 89 81 84 92 91 93 ft 86 90 98 89 81 86 92 91 93 87 91 86 81 93 106 97 117 92 97 68 93 93 103 86 96 103 94 90 79 78 9U 102 96 102 lOl 101 102 102 114 114 05 78 68 101 96 82 92 99 85 New York Central L S 3s.... 80 New York City 4s . .. .... . . . .. . New York City 4s of 1057 105 Norfolk ft Western 4s 98 Norfolk ft Western conv 4s 116 N Y Ont ft W 4s vi Northern Pacific P L 4s.. Northern pacific 3s Oregon Short Line 4s Oregon Railway ft Nav 4s. Penna Railway 4s of 1948. Philippine Railway 4s BAaHlnr sreneral 4s 97 8 92 93 103 96 t .wn n i-'uhft Urn 103 Southern "pacific first ref 4s... 83 Southern racmc coi Southern Railway 4s St L ft S F ref 4s Union Pacific first 4s Union Pacific conv 4s Union Pacific ref 4s United states Steel S F 5s. United States 2s registered. United States 2s coupon United States Hs registered. United States 3s coupon United Stxtes 4s registered. United States 4s coupon.... United Railway S F 4s United Railway St L 4s.... Wabash first 4S Western Union 4s Westinghouse conv 5s Western Pacific 6s Wisconsin Central 4s West Shore 4s. ... 78 ... 78 ... 98 . . . 102 "!l02 .. .100 ...IOO .. .102 .. .102 ...113 ...113 . .. 65 ... 76. ... 68 ...101 ... 95 ... 81 ...92 ... 99 Stocks at Boston. BOSTON. Aug. 27. Closing quotations: Alloues Mohawk 68 V ' , .k aatilVevada Con 22 Amalg Copper. A Z L Mtn... Arizona Com B ft C C ft S M. 31 Nipisslna Mines. 84 alisonn .tsuue.. 34 60 117 D9 82 Old Dominion Cal ft Hecla 562 centennial 22 usceoia . . .. . Qulncy Cop Ran Con Co 60;Shannon 16 11 K BUtte tOD ! J.Hut"'! 73 Franklin ....... " ?P & Bos Min.. 1 Glroux Con .... 5, Tamarack 43 . rainr C! Q T 2 TLT . . 45 A Granny ton ... . a " - , , Greene Cananea. 10 j do preferred... 49 I Royalle (jopj in --g IV I FT LBHC. - -Tf ' . . . - r i Lake Copper.... 35 Winona a La sane copper ninunw.iio Miami Copper... jl Money, Exchange, Etc. NEW YORK Aug. 27. Money on call steady. 2'3 per cent: ruling rate. 2 per cent: closing bid. 2 per cent; offered at 3 per cent. Time loana stronger: for 60 days. 3P4 per cent: for 90 days. 4fri4 per cent; for six months, 465 per cent. Prime mer cantile paper, 55 per cent. ... Sterling exchange steady, with actual busi ness In bankers' bills at $4.845 for BO-day bills, and at $4.8735 for demand. Commercial bills. $4.83. Bar silver. 65 c. Mexican dollars. 48 c. Government bonds firm; railroad bonds Ir regular. LONDON. Aug. 27. Bar silver quiet. 28 d per ounce. Money. 18l per cent, im raio of discount in the open market for short !,, i .. , i ., AAnt tnr three DUIS IS O I'l U i I'. - months' bills. 3 5-16&3 per cent.. SAN FRANCI3CO, Aug. 27. Sterling on London, 60 days. $4.84; do. sight, $4.S7. Silver bars. 61 c. Mexican dollars, nominal. ) Drafts Sight, 2c; telegraph, 5c. - Condition of the Treasury. WASHINGTON, Aug. 27. At '"the begin ning of business today the condition of the United States Treasury was: Working balance in Treasury offices $ 92.006.849 In banks and Philippine Treas. . 34.775,784 Total of general fund 156,942.284 Receipts yesterday 1.002.34S Disbursements 1.167.630 Deficit to date this fiscal year.. 2.233.7 il Deficit this time last year 22,089.018 These figures exclude Panama Canal and public debt transactions. FIRM LIVESTOCK MARKET OFFERINGS SMALL AND FTJlX PRICES ARE PAID. Top-Grade Steers Sell Readily at $7. Clioice Hogs Again Bring $9.25. It was a quiet day at the stockyards yes terday. Only four loads of cattle and one of hogs were put on sale. The market was firm. Two loads of top-grado steers were sold at $7 and two loads went at $6.55 and $6.75. This is about all that was done in the cat tle i'ne- , . . . A load of choice average weight hogs sold at $9.25, the top price reached last week. A few heavy bogs brought $8.50. Receipts yesterday ' were loo cattle. SO bogs and 2 horses. Shippers were N. S. Levy, Union, 1 car of horses: R. G. Shook Durkee, 1 car of cat tie; W. B. Kurtr, St. Anthony. 1 car of hogs; D. Wasson, Harrisburg, 2 cars of cattle and John Wasson, Harrisburg, 1 car of cattle. The day's sales were as follows: weigni. rrice. 16 steers 33 steers 24 steers 26 steers 2 cows 7 hogs . .1: $7.00 ..12.-.7 1274 1051 1185 314 i .vn 6.75 0.55 5.05 8.50 78 hogs 219 9. The range of prices at the yards was as follows:' Choice steers $0. 75 $7.00 Good steers 6.00 6.65 Medium steers 5 '3 800 Choice cows 5.75 6.2. Good cows 6.60IJP 6.75 Medium cows 5.00 5.50 Choice calves 7.00ig 8.50 Good heavy calves 6.00 6.50 Bulls 8.50 6.00 Stags -' 4.75 6.00 Light". 515 ?5 Heavy 7.o0 S.oO Sheep Yearlings 3.00 4.00 Wethers S 00 4.60 Ewes 2.85 8.75 Lambs 4.00 6.35 Omaha Livestock Market. SOUTH OMAHA. Neb., Aug. 27. Cattle Receipts, 4700; market, steady to easier. Na tive steers. $5.30&'10.50; cows and heifers, $37; Western stet-rs, $5&9.50; Texas steers. $4.5006.50: cows and heifers. $36.75; can ners, $2.75$f'4; stockers anti feeders, $4fa8; calves. $4.258.25; bulls, stags, etc. $4 5.U0. Hogs Receipts, 7600: market, 5c higher. Heavy, $SS.35; mixed, $8.158.35: light, $8.308-0S;. pigs. JS; bulk of sales, $8.15 8.35. Sheep Receipts. 24,000: -market, steady. Yearlings,- $4.50i5.25; wethers. $3.504.3O; ewes. $34; lambs. $6.25a 6.75. .-Chicago Liveatock Market. "CHICAGO. Aug. 27. Cattle Receipts. 4500: market, slow to generally steady. Beeves, $5. 8510.60; Texas steers, $56.80; Western steers, $6.259; stockers and feed ers, $4.307.4O; cows and heifers, $2.75 8.20: calves, $6.50 10. Hogs Receipts 10.000; market, strong. Light, $8.3069.00: mixed, $8.159: heavy, $88.85; rough. $S ft 8.20; pigs, $5.508.20; bulk of sales. $S.308.80. Sheep Receipts, 30.000; market, strong for sheep, weak for lambs. Native, $3.25 4.40; Western, $3.25'S4.S5: yearlings, $4.30 5.45: lambs, native, $4.507; Western, $4.5UT.10. . Metal Markets. NEW YORK. Aug. 27. Standard spot copper to October 17.2617.50c; electrolytic, 1717c; Ike.' 17 17c; casting, 17 17c. Tin. easy. Spot. 46.1046.50c; August, 46.12 46.50c; September, 4646.60c Lead. firm. 4.604.75c. Spelter, quiet; 7.107.25c Antimony, dull; Co'okson's, 8.45c. Iron, firm, unchanged. Exports of copper this month, 22,801 tons. London copper, firm. Spot 79 15c: futures, 79 17s 6d. Local sales of standard copper, 75 tons. London tin, dull. Spot, 210 5s 3d: fu tures. 209. Sales of tin on the local ex change. 60 tons. London lead. 50 5s. London spelter. 26 15s. Iron. Cleveland warrants. 62s 10d In London. Coffee and Sugar. .Tn mor A, ,v "T rnffee futures closed firm at' a net advance of from 10 to 15 points. sales, m,io "w1; iul and September. 14.79c: October. 14.85c; No vember 12.90c; December, 12.96c; Janu ary, 13c: February, 12.98c; March. 13.01c; April 13.04c; May. 13.09c: June, 13.06c; Julv ' 13 02c. Spot coffee steady. Rio. No. 7 14 c': Santos. No. 4. 15; mild coffee. "'ei.C?.r??va'?1T-..,.fl. 96 test. 4.17c: Muscovado. 89 test. 3.67c; molasses sugar, 89 test, o.-c; mmm, "i. New York Cotton Market. NEW YORK. Aug. 27. Cotton futures closed Steady. 9 to 13 points net lower. August 10.64c; September, 10.64c; October. 10.88c: November, iu.wc; rwceiuuer, hi, January,- 10.88c: reoruary. wan-u, U 02c; May, 11.19c: July. 11.14c Spot cotton closed quiet. Middling uplands, 11.30c; do. gulf. 11.55c. Sales, 100- bales. NEW ORLEANS. Aug. 27. Cotton, mid dling, 11 c. , luget Sound Grain Market. TACOMA, Aug. 27 Wheat Bluestem, 80 61c; club. 7879c; receipts, wheat, 113 cars, barley 2 cars, corn 2, hay 7. SEATTLE, Aug. 27. Wheat Bluestem, 80c- fortyfold. 78c; club. 78c; Fife. 78c; wheat 52. oats B. corn 3, hay 20. flour 5. Naval Stores. . i vx i tt Att An 97. Turnentlna " ' " firm. 839c; sales 1100: receipts, 1200; shipments, zas; stocas, ,o. Rosin firm: sales. 2100; receipts 4200; hioments, 14,100. Stocks $4,400. Quote : B, I8.30- D. $45; E. $6.55: F, G. 6.0; H. I, $6 65; K. $8.55: M. $7.00; N, $7.25; WG, $7.75; WW, $8.10. Chicago Produce Market. . r-n A.,v 'it T3., ttr Ct.o ft V- Creamcries. '2226c; dalrlea 21 23c. Eggs bteaay; reeiyio. jv,w .oo. . mark, cases Included, 17c; ordinary firsts. ISc firsts, 20c. Cheese Steady; daisies. 1515c: twins 1415c; Young Americas, 15 15 c; long boras. 1515c. Dried Fmlts at New York. NEW YORK, Aug. 27. Evaporated ap ples steady; prunes, quiet: apricots, easy; peaches, firm; raisins, steady. Hop at New York. NEW YORK. Aug. 27. Hops, quiet. State, 1911 crop, 20 24c; Pacific Coast, 1911 crop, 20 24c- . Wool at St. Louis. !T LOUIS, Aug. 27. Wool Steady. Ter ritory and Western mediums.1 2024c; fine mediums, 182Qc: fine. 1317c. . Reformer Visits JPrlson. SALEM, Or, Ausf. 27. (Special.) J T. Sandefer, president of Simmons College, Abilene, Tex., and chairman of a commission named to reform the penal institutions of that state, is in Salem. He is investigating penal insti tutions of Oraaon. MAY BREAK RECORD Immense Wheat Export Move ment Is Expected. ALREADY 20,000,000 SOLD Chicago Market Firm on Promise of Continued Foreign Demand for Grain- targe Houses Are Heavy Buyers. CHICAGO. Aug. 27. Belief that United States wheat exports would be larger than ever before helped the market today to rally. Estimates that the sales to the foreign countries of wheat and flour from this year's crop in the United States already were equal to 20.000.000 bushels of wheat were responsible for the belief that exports would break records. A group of large houses were lined up In stalwart fashion on tha buying side of the market, and this cheeked early selling, because predicted frosts did not happen in Canada. Corn had a firm tone throughout. -Oats were firm. Hard spots in the provision market brought profit taking on the part of stock yarda longs. Futures ranged as follows: WHEAT. Open. High, Low. Close. Sept. $ .93 t .84, $ .93 $ .94 Dec 9.-. .94 .93 .94 May 96 .93 .96 .98 CORN. Sept 72 .73 .72 .73 Dec 54 .55 .54 .5o May 03 .53 .53 ' .53 OATS. Sept 32 .32 .32 .32 Dec 32 .Sr.'i .32 .33 May 34 .35 .34 .35 PORK Sept. 17.90 17.92 17.75 17.80 Oct 18.05 1S.0S 17.02 17.92 Jan 19.13 19.20 19.07 19.07 LARD. Sept 11.00 11.00 10.92 10.92 Oct 11. lo 11.12 11.00 11.00 Dec ..10.85 10.S5 10.77 10.77 RIBS. Ribs . Sept. 10.95 10.97 10.87 10.87 Oct 11.00 11.02 10.92 10.92V6 Jan ..10.17 10.17 10.12 10.12 Cash quotations were as follows: 'Fiour Steady. Rye No. 2, 70 70. Barley Feed or mixing, 43 50: fair choice malting. 57t6. Timothy Seed 3.75 4.75. Cover Seed 10.00 1S.50. Mess Pork 17.87 g 18.00. Lard (in tierces). 10.82. Short Ribs t loose) 10.87 . Total clearances of wheat and flour were equal to 171,000 bu. Primary receipts were 1.137.000 bu., compared with S06.00O bu. the corresponding day a year ago. The world's visible supply, as shown by Bradstreet's in creased 2. 321, 000 bu. Estimated receipts for tomorrow: Wheat 270 cars; corn, 308 cars; oats, 417 cars; hogs. 2000 head. Minneapolis Grain Market. MINNEAPOLIS. Aug. 27. Wheat. Septem ber, 91t91c; December. !'2c; May, 97c. Cash: No. 1 hard. $1.00; No. 1 Northern, 920c; No. 2 Northern. 88 96c; No. 3whcat. 8n'ft'93c. Corn No. 3 yellow, 77&77c. Oats No. 3 white. 3030c. Rve No. 2, 63 84c. Flax 1.94. Barley 33 3 2c. European Grain Markets. LIVERPOOU Aug. 27. Close: Wheat October, 7s 7d; December, 7s 4d. Weather, fine, English country markets steady; French country markets, weak. Grains in San Francisco. SAN FRANCISCO. Aug. 27. Spot quota tions: Walla Walla. $1.47 1.50; red Rus sian. $1.4701.50; Turkey red, $1.55 1.57; bluestem, $1.531.57: feed barley. $t.351.37-; white oats. $1.601.65; bran, $2424.50; middlings, $32S3; shorts, $27 A, 97 KO Call board sales: Barley May, $1.42 per cental bid. $1.43t asKea. The record of years of satis faction of BARBER ASPHALT compels the at tention of ob servant tax payers. It sets the standard by which all other street pavements are judged. While you're hav ing why not have the best? Bitulithic Call or write room 700 Journal Bids., for "Bitu lithio 'Whys." J.C.WILSON&CO. STOCKS, BONDS. GRAIN AND COTTON MEMBERS NEW YORK STOCK EXCHANGE, NEW YORK COTTON EXCHANGE, . CHICAGO BOARD OF TRADE. THE STOCK AND BOND EXCHANGE, SAN FRANCISCO. PORTLAND OFFICE: Main Floor Lumbermens Bank Bldg. Fifth and Stark. Phones Marshall 4120. A 4187. 111! National Bank Travelers' checks offer the most convenient tvav yet devised for carrying money safely while traveling. The cost is trifling. Capital - - LADD & TILTON BANK Established 1869. Capital Stock $1,000,000.09 6urplus and Undivided Profits 800,000.00 Commercial and Savings Accounts Letters of credit, drafts and travelers' checks issued, avail able in all parts of the Torld. OFFICERS W.M. Lartd, FVentdent. Robert S. Hownrfl, Asst. Caslilrs Edrnrd Cooklngbam. Vlce-Prea. J. W. Ladd, Asst. faultier. V. U. Dunctiry, Cashlsr. WUter M. Ofk, AU Cssaleft First National Capital vSurplus Oldest National Rocky The Canadian Bank of Commerce INCORPORATED 1ST. -Toronto, Canada. New York JO Eichnnite Plare. London 2 Lombard Street. Head Office Over three hundred other branches in the United States and Canada. Every care taken of collections. Drafts on all foreign countries und principal cities in United States and Canada bought and sold, and a general banking- business transacted. Interest allowed on Time and Special Deposits. PORTLAND BRANCH, SECOND AND STARK STREETS I' C. MAL.PAS, Mauanrr. MORTGAGE LOANS Money to Loan On Good Improved City Real Estate in Amounts Ranging Prom $1000 to $20,000 and over. Wilfred Shore & Co. INVESTMENT BANKERS (Representatives of the Mortgage Bond Co., of New York.) Lewis Building, Portland, Oregon. New Calcutta GRAIN BAGS Ready at PORTLAND, SEATTLE or TACOMA for immediate shipment upon receipt of order E.T.B. MILLS Agent for Importer Imperial Hotel. PORTLAND. OR, Write for Prices TRAVELERS' GTjIPE. 9nV?' a i m r-i-r- l H I f Wj 19 DAYS is The pleasantest and most comfortable of all ooan voy- a trip arrow the Pacific to th? Antipodes. Splendid "learners "SONOMA" and "VENTURA". 10,000 tons displacement. 44 days San Francisco to Sydney. Australia, and back, with day at HONOLULU each way, stops ist PANGO PANG0 (SAMOA) and six days at SYONbY.the most beautiful and healthful city in the world. For rest, recreation and plensure no other trip compares with this. Steyenson said of Samoa, "Ji o part of the world exerts the same attractive power upon the visitor. Round trip rates, 1st rbfs, from San Fran("vo: HONOLULU SI 10: SAMOA $240; SYDNE HM. ROUND THE WORLD $600 IsteaLin; $375 2d cabin, via Ceylon Eftypt, Italy, etc. Liberal t . . Sailings every two weeks: Auc-13. 27, bept. 10, 2. Or 8, etc. Write or wire X0W for berths. OCEANIC STEAMSHIP CO. 67J Market St San Fnnc M. " Jura EXPRESS STEAMERS FOR Ban Francisco and. Lob Angeles WITHOUT CHANGE S. S. ROSE CITY, 9 A. M.. Ausrust SO. THE SAN FRANCISCO PORTLAND 8. 8. CO. Ticket oiiice iu ..t.. I'bone Main 2fi05. A ltOi. San Francisco, Los Angeles and San Diego Direct S S. Roanoke and S. S. Elder Sail Every Wednesday Alternately at P. M. NORTH PACIFIC S. S: CO. ut A Third St. Phones Main 114. A L111 NEW YORK -PORTLAND Lo Ita. t es. Schedule Time. AMERICAN-HAWAIIAN S. S. CO. 315 Kallwar Excnanise Bid. Portland. Or. Main 837 A 3P"' Steamer Anvil Sails trom Couch-Street Dock Wednesday. August 28. 7 F. M. For Newport, Florence and Bandon. Freight and Passengers. Frank Bollam. City Ticket Agent 128 Third. Phones Main 03, A 4S98. c E Brown, Frt. and Pass. Agt.. Couch Stl Dock. Phones. Main 861. A 416L Ifiiiriama 31,000,009 Batik $1,500,000 900,000 Bank West of the Mountains TRAVELERS' GUIDE. AMERICAS la the Worla Lartrst B.8. Co. 1,210.000 Atlantic Service London, Paris, Hamburg Cleveland Sept 5, 31 nonb rl-atricia Sent. 7. 3 P. SI. tVirtoria l.lllne.. .Sept. 12. 1t A. M. l'res. irant Sept. 18. 11 A. M. jmmhuiK direct. Second cabin only. tFirsoV cabin only. MEDITERRANEAN GIBRALTAR, NAPLES. GENOA. S. S. MOLTKE OCTOBER 1, 1 P. M. S 8. Cincinnati. ..Nov. , 12 roon TWO IDEAL CRUISES AROUND THE WORLD INLAND EXCURSIONS and SIDE TRIPS 13 DAYS IN JAPAN 18 DAYS IN INDIA From New York Front Snn Francisco OCT. 10, 1IU2. 1 FEU. 6, 1U1S. w s s riF.VFl.AND aJ': the DURATION OF EACH CRUISE 110 DAYS ,. InrludinK nil tiecenj HI sar' "signal's nhonrT f : ' ' i m hotel, shore excursions, carnas. aj k'Uidrs. tees, etc Write tor booklet of any crulno. HAMBURG -AMERICAN LINE M0 Powell St.. San Frnnclscn. rl. O.-W. K & N Co.. N"r. Pacific. D R. O. R. K.. Hurllncton Route. Milwaukee & I'uuet Kminri R. R.. Oivat Nortn- rn Railway Co.. Durscy B. Smith, fill Finn t., furtlaiid, or. ConrtiK. COOS BAY LINE STEAMSHIP BKEAKWATKR Sails from Alnsworth i-'ock. Portland, at 9 A. M., July 24, August 3, 8, 13 18, 23, 28. Freight received at Ainswrorth Uock dally up lo 6 P. M. Passenger fare first-class, $10; second class, ?7, including berth and meals. Ticket office Alnsworth Dock. Phones Main 2C00. A 2332. Drain to Coos Bay Auto livery Day. Wire Reservatloua t 0. MATT00N, Drain, Or.