Morning Oregonian. (Portland, Or.) 1861-1937, September 04, 1912, Page 17, Image 17

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    17
THE MORNING OREGONTAN. WEDNESDAY, SEPTEMBER i, 1913.
MAY REDUCE YIELD
Blight Found in. Some of the
Potato-Growing Sections.
DUE TO TOO MUCH RAIN
Market Is Inactive Witb X Shipping
Demand and Local Trade fully
Supplied California and!
Colorado Low.
Blight, caused by excessive rmin, has been
found in some of the potato growing aim-
trie La, and this may materially reduce the
marketable supply of potatoes this year.
The blighted stock will be fed to hogs.
The market is inactive, with no shipping
demand. The supply offered for local con
aumptlon is more than sufficient for re-
aulrements, and prices are weak an arouna.
The buying price in the country ranges from
40 to 50 centa. The California market Is
low. with Kivera selling at 60 to 55 cents.
Colorado is offering the best stock at 60
centa f. o. b. and with a 20-cent rate to
Texas, the Colorado shippers have the
Southwestern trade all their own. Taken
II together, the prospects for potato grow
ers in the Northwest are not very encourag
ing this year. Only an accident to the
crop in some section or a cutting down of
the supply here can have much or an eiieci
on the future market.
General indications point to a large Amer
ican potato crop thia year. On July 1 the
condition of the 3.689.000 acres piantea in
the United States waa 88.9 per cent of nor
mal, compared with 76 per cent last year
and 89 3 per cent for the ten-year average.
Tha indicated yield Is 352,000,000 bushels or
next to the largest In the country's produc
tion record. The largest yield occurred In
1WT. when the production was 376.537.CO0
bushels. Last ycar average price of pota
toes at the farm was practically 78 cents
busbel or an advance of 22-2 cents on
the preceding year, amounting to a gain of
0 per cent In price. Between February 1,
3911. and February. 1912. Eastern potatoes
Increased 100 per cent.
The season has not in all cases been en
tirely favorable to the grower. While soil
conditions have been good, there has been a
good deal of wet weather and the season
wa late In starting.
BETTER HEATHER ORAIN DISTRICTS
Buyers Not so Sharp to Secure wheat Bar.
ley and Oats Trade.
Reports from the grain sections were bet
ter yesterday. The weather waa clearing
up east of the mountains and there was
prospect for general sunshine today. The
outlook In the valley was also brighter. As
a result of the changed conditions, estimates
of damage were reduced.
Wheat buyers were Inclined to go slower.
On Monday strong prices were -bid in some
sections, but yesterday the tendency was
rather easier. However, buyers continued to
offer on the basis of SO cents tor club and
81 cents for blues tern.
Barley of all kinds was firmly held. Hold
ers of slightly damaged grain are asking
nearly as much for it as brewing barley is
worth, but the demand now Is only for
sound grain.
It Is believed In some quarters that the
large proportion of feed barley this year
will operate against the price of oats, and
this is restraining speculation in the ' oats
market. Formers, however, are not mak
ing concessions, and the present offerings
are being absorbed at steady prices.
Local receipts, in cars, were reported by
the Merchants- Exchange as follows:
Wheat Barley Flour Oats Hay
Ion. and Tue.... :M 31 l:t 13 - lo
Do year ago.... 147 2 J4 21 ' 14
Season to dat..15'4 139 367 109 301
lear ago 875 56 443 130 4:15
The weekly wheat statistics of the Mer
chants Exchange follow:
American Visible Supply
Bushels. Increase.
eentember 3. 1912. . .. .10.586.000 922. 0'0
September 5, 1911 4S.O;.7.00O llto.OOo
September 6. 1010 26,4:2.0t6 1.453,0m)
September 7, H09 9.16l.000 8l4.000
September 8, 190S 18.Sns.vw) 2.511.000
September 9, 3107 47,397.000 2,133,000
September 10, 10O 30,420.000 115,000
September 12, UH-4 13,115.000 301.000
beptember 8, 1903 13,250,000 47,000
Decrease. '
Quantities on Passage-
Week Week Week
ending ending ending
Aug. 31 Auk. 2-4 Sept. 2, '11
For Bushels Bushels Bushels
fj. K 19.040.000 10,608.000
Continent .. - 15,2o4.00O 15.224.000
Totals ...33.04.000 34. 44. WO 35.032,000
World's Shipments (flour Included)
Week Week Week
ending ending ending
Aug. 31 Aug. 2i Sept. 2, 11
From Bushels Bushels Bushels
t . Can.. 3.545. (NK 3.o39.0tK 3.073.000
Argentina l,B20.tMH 224. OO0 7R9.0O0
Australia ... 73.000 l,092.tHiO SlHi.000
lanub. p'ts. 2,13tiOH 1.5HS.0O0 2.2t4.000
Bussia 2.648,000 2.224.00 1.592,000
jndla 310,000 1,108.000 806.000
Totals ...10.8H2.000 9.115.000 9.510.000
World s shipments, season to date :
Total since Same period
,....,.,.. July 1. '12. last season.
V. P. ad Canada.... 25.A22.ono 23.l.t3.ooo
A r. n t lr 1 tf. 7 5.1HM lO. P 03. WO
Australia 4.53.00i 8.04S.000
Danublan ports .472.ooo .yi..,uuo
J ussla 1 0.940. OOO 21.1 fiS.OOO
jndla 17.238.00 12.528.OO0
Totals
. . .90.819.000 86.415,000
1LKXTY OF FRUIT ON FRONT STREET
Demand Is Good for reaches and Grapes and
Market Is Firm.
Front street was heavily stocked with
fruit of all kinds yesterday, but the- de
mand was bfg enough to absorb nearly all
of It.
Peaches were the feature of the day's
trade. Three cars were received from Yak.
Ima, besides shipments from Southern Ore
gon. Prices ranged from 65 cents for the
best stok down to 23 and SO cents for
common fruit. There are no peaches In the
vaMey this year, and the good demand in
Southern Oregon 1" keeping most of the
peaches of that sectldn at home.
The grape market was firm. A car ar
rived from California, containing Hose Cole
man and Malagas and a few Tokays. Big
ahipments of Tokays started yesterday from
lodL Malagas and Mai vols were quoted
t .. 50 and the best Tokays at $1.75.
Other arrivals during the day were three
rare of melons, one of cantaloupes, one of
Valencia oranges and one of grapefruit,
which is the last of the season. A car of
sweet potatoes and a car of Walla Walla
onona also came in.
HOPPICKlNti NOW IN FI LL PROGRESS
Better Weather Enable Growers to Begin
Work In Earnest.
Hop pickers came forward In larger num
bers yesterday, and several yards were able
to report full crews secured. Some of the
larger growers, however, are still In need
of help. The weather was clear in the val
ley and picking waa general. Additional
samples were received, and the quality was
about all that could be desired.
No-trading was reported aside from the
purchase of a small lot of fuggles at Wood
burn at 17 cents, .
Cable advices were of quiet market
abroad and unaltered estimates of crops.
The continental yield Is placed t about
1.000.00 cwt- and most of the English esti
mates are around 320.000 cwt.
' MORE FV4JGLB9 BOUGHT AT 17H CENTS
Spread ef Mold In Woodbom Section Is
" t necked by Cool W eather.
WOOPBrR.W Or.. Sept. 5. (Special.)
Whitman A Shorten, local hop buyers,
bought today the Albright lot of 35 bales
of fuegs at 17 W cents per pound.
Picking of clusters is progressing slowly
under most trying conditions. The heavy
rains of last night and today put the yards ,
ln very muddy cunultion and made it ex-1
cent ion ally disagreeable for nickers. Cool
weather hu hrke1 the snread of the
mold that was in evidence last week, and
no great damage has been done, although a
rise in temperature would probably cause
Heavy loss.
Immense Shipment ef Tasmanimn Apples.
On one trip this season the Essex carried
a record cargo of apples from Tasmania to
London. The liner, said the Shipping Ga
zette, curled the equivalent of an apple
each for the combined populations of Great
er London. New York, Paris, Chicago and
Toklo, and then had a balance over of some
207,000 in all. 19,500,000 apples. This ap
ple freight alone was worth something like
150.00O. One of the largest fruit dealers at
Covent Garden pointed out that although
this happened to be a record for one snip,
the market was accustomed to even larger
sup lies coming simultaneously from a num
ber of vessels, and that the consignment
did not in any way constitute a glut.
Poultry Cleans Up Well.
Poultry receipts were large yesterday,
but there was a good general demand. Hens
cleaned up at 13 cents and Springs at 14
14 cents. Dressed meats were scarce and
firm.
There was no change in the egg market.
which waa fairly well supplied.
Butter and cheese were in active demand
and firm in price.
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as ioiiows:
ftearlnrs. Balances.
Portland $2,438,877 $itf7,73tj
Seattle 2.191,866 33.414
Tacom& 694.492 53. 127
Spokane 839.553 139,136
PORTLAND MARKETS.
Grain, Flour. Feed, Etc.
WHEAT Track prices, new: Club, 80c;
bluestem, 82&8Hc: fortyfold. Sic; Valley. 81c
FLOUR Patents 4-o per Darren
straights. $3.90; exports, S3.60fc3.70; Val
ley, $4.40; graham, $4.40; whole wheat,
S4.60.
BARLEY Brewjng. $23; feed, $25 per
ton.
MILLS TUFFS Bran. $23.50 per ton;
shorts, $26; middlings. $:; ronea oaney,
S28.
CORN Whole. $38.50; cracked. $39.50
per ion.
HAY Eastern Oregon timothy. $15: Val
lev timothv. 1213; alfalfa. S11012; clover,
$10; oats and vetch. $10 11; grain bay,
$10011.
OATS Spot, $20g30 per ton; futures.
$25 20.
Vegetables and Fruits.
FRESH FRUITS Aooles. TScLM1.7S Per
hn-r- nearheii- i'."i6trc Der box: Dlums. ''c per
pound ; pears, $1 per box ; grapes. $1 1.75
per box; DiacKoerr.es, uuci.ia per crate.
TROPICAL FRUITS Oranges. Valencia,
$3.504; California grapefruit. $5; lemons.
S5a 6.50 cer box; nlneauples. Oc per pounu.
MELONS Cantaloupes. 50c $1-50 per
erafe: watermelons. $lfl.'J3 per nunarea;
Cassabas, $1.25fr 1.J10 per dozen.
ONIONS Walla walla. 7c per sacs.
POTATOES Jobfcinir pices: Burbanks,
60 tg 75c per hundred ; sweet potatoes. 2 4 c
per pound
VEGETABLES-" Artichokes. 65750 per
dozen; beans, 2c; cabbage, l&lc per
pound; cauliflower. $1&1.2o per dozen; cel
ery, 50c 75c per dozen; corn, 15 25c per
dozen: cucumbers. .0c per box: eggpiant,
5 6c per pound; head lettuce, 20 25c
per dozen: peas. 8 9c per pound; peppers,
5 h 6c per pound : radishes, 15 20c per
dozen: tomatoes. 3u?4.c per oox; game,
bto 10c per pound.
SACK VEGETABLES Carrot. $1.50 per
sack; turnips, $1.25 per sack; beets; $1.50
per sacjt-
Dalry and Country Produce.
EGGS Case count. 22 23c: candled. 25
26c: extras. ::7 (jf 27 ic per dosen.
Unfc&sh Triplets, lie per pouna: iwini,
17c; daisies, 174c; Young Americas, ioc
per pound.
BUTTER Ore eon creamery butter, cuoea,
32c per pound ; prints, box lots, 33c per
pouna.
rORK Fancy, lliic per pouna.
VSAL Fancy, 14H15c per pound.
POULTRY Hens. 13c. broilers, 14i&14Hc;
ducks, young. 10c: geese. 12c; turkeys.
live, IoiqOc; dressed, z4Joc.
Staple Groceries.
Salmon Columbia River, eane-pound
tails, $2.25 per dozen; eight-pound talis,
$2.95: one-pound flats, $2.40; Alaska pink,
one-pound tails, $1.25.
COFFEE K ousted, in drums.
per pound.
HONEY Choice. $3.75 per case; atrainea
honey. 10c per pound.
NUTS Walnuts, 1616c per. pound;
Brazil nuts. 12Vic; filberts, 1415c; al
monds, 1721c; peanuts, 56c; cocoanuts,
90c&$l per dosen; chestnuts. 124&c s,er
pound: hickory nuts. -iuc per pouna.
BEAN'S Small white. 5.40c: large white.
5.20c; Lima, 6c; pink, 4.15c; Mexicans.
4c; Dayou, 4 Vtc
BALT Granulated. S15 per ton; nan-
ground 100s. S7.50 per ton 50s. $8 per ton.
SUGAR Dry eranulated. S5.9o: Irult ana
berry. $5.95; Honolulu plantation, $3.90; beet.
$575 ; extra C, $5.4o : powdered, D&rreis.
$6-20; cubes, bare Is, $0.35.
RICE No. l japan. Be; cheaper graces.
5(&rc: Southern head. l7Hc
DRIED fruits Apples. 10c per count;
aprlocts. 12 & 14c ; peaches, 8 & 11c ; prunes,
Italians, ss? luc: sliver, isc: ngs, wnue ana
black, 6V4&"c; currants. 9Uc; raisins, loose
Muscatel, 47"c: bleach ea. rnompson.
1114c; unbleached Sultanas, 8ttc; seeded.7
Sc; dates, Persian. Sc per pouna;
hard. $1 60 per box.
Provisions.
HAMS All sizes, 17t418c; picnics,
HHc; skinned, 13Hlc: boiled, 27c
BACON Fancy, 27c; choice, lQ2'.Fc
DRY SALT MEATS Backs, dry sslt. 11
12c; backs, smoked. 12& 13c: bellies, dry
salt, 14c; smoked, 16c
LARD Tierce basis, choice, 13c: com
pound, 9c; leaf, three-pound palls, $3.75 per
case.
MISCELLANEOUS Pigs feet, kilts, $1.35;
sliced beef, ins ides, $23 per case; dried beef,
Insldes, 24c per pound; sausage, cervalat,
20 25c: holsteiner, 35c; Italian ham. 20c;
liver sausage, quarters, $o; Vienna sausage.
quarters, $5.
Hops. Wool and Hides.
HOPS 1912 fuggles, 17 c per pound ;
clusters, nominal.
MOHAIR Choice, Sc per pouna.
PELTS Dry, 13c; full wool butcher pelts.
1 1.25 ft 1.75: searineSL 23 50c.
WOOL, Eastern Oregon. 14lSc per
pound according to shrinkage; alley, 21ft
j224c per pound.
HIDES Salted hides, illume per pouna;
salted calf. lS019c: salted kip, ll12c;
sreen hides. 11c 4 dry calf. No. 1. 25c; No.
2, 20c; dry hides, 20 22c; salted stags. 7ft
F 8c; grein stags, & vc-
CASCARA Per pound. 4-itTjc; canois, o
5c
Unseed Oil and Turpentine.
LINSEED OIL, Raw. barrels. 79c; boiled.
barrels, 81c; raw, cases, 84c; boiled, cases,
SOc.
TURPENTIN13 Cases. 63c: barrels. 60ic
per gallon.
EXCITEMENT DTTHK COTTON MARKET
Sensational Activity on the New York Spec-
ulatter Board.
NEW YORK, SepL 3. Tlfe Government's
cotton report, published at noon today, was
both preceded and followed by sensational
activity and excitement In the local market.
A neneral covering movement developed at
the open in r. owinr to reports that cotton
crop prospects were deteriorating rapidly as
a result oi ary. not weatner, ana prices suia
about $3 per bale above the closing level of
last Friday before the Government report
was issued.
The market closed firm at a net gain of
from 31 to 35 points as compared with the
figures of last Friday.
Closing Dids: scpiemoer .8.w. uctooer.
11.11c: November, 11.13c; December, 11.22c;
January. 11.05c; February. 11.13c; March,
11.21c: May. u..ic: July, n.;tic. spot closed
quiet. Middling uplands. 1 1.50c; do. gulf,
11.75c. Sales. 11.60O bales.
WASHINGTON. Sept. 3. The Department
of Agriculture today announced that the
condition of the growing . cotton crop on
Aua-ust 25 was 74.8 per cent of a normal.
Cotton condition by states follows f
Virginia SO
North"" Carolina . 75
South Carolina - 73
Georgia 70
Florida
Alabama - io
Mississippi h
Louisiana - ...74
Texas 5
Arkansas
Tennessee .....jt
Missouri "8
Oklahoma - S4
l 1 if ornla
C hicago Produce Market.
CHICAGO. Sept. 3. Butter Steady.
Creameries. 23 &2So: dairies. 21 24c
Epgs Steady; receipts. 7352 eases; at
mark, cases included, 17c; ordinary firsts.
ISc: firsts, 20c.
Cheese steady. Daisies, i'inioc;
twins. 14c: Young Americas. 15' 15 4c; ,
long borns. 15 15 4 c
Hops at New York. j
NEW YORK, tiept. 3. Hops quiet. J
STOCK PRICES OFF
Wall Street Values Yield All
. Along the Line.
LIQUIDATION NOT HEAVY
Market Affected' by Interstate Com
merce Commission Order and Xew
Tork Bank Statement Ver
mont Election a Factor.
XEW YORK. SDt. 3. Resumption of op.
orations on the stock exchange today, after
the triDle holiday, wis marKed Dy a fur
ther yielding of quoted values, which at
times verged upon acute weakness. Deal
ings were relatively light, however, and the
decline at no time precipitate, though show-in.-
inhpr.nt .lens of liauldatlon.
For this condition various recent and Im
pending developments were accounted re
sponsible. These Included the sweeping or
der of the Interstate Commerce Commission,
postponing proposed increased transconti
nental freight rates until the end of the
year; last Saturday s bank statement, wnicn
disclosed another large decrease in the cash
reserves of the local banks; the Government
cotton report, showing further deterioration
in that staple during August, and tha Ver
mont election, the basis of much conjecture.
Pennsylvania Railroad's splendid earnings
lor July were mei uj ui -t...
large decrease over the entire system for the
same period.
Declines in standard stocks ranged from
two to four points. Canadian Facillc again
sustaining the greatest loss, with renewed
nressure a&rainst the coalers, .Union Pacific
ana Louisville A Jtasnvllle. ateei. ameiwng
and the coppers were the weakest or the
prominent industrials. various- specialties.
including the tobacco group, fell back one
to four points, the lowest level Demg ac-
tained in the last hour, when call loans
rose to 44 per cent.
Bonds were lower In sympathy with the
stock market. Total sales, par value, ag
gregated $1,450,000.
CL.OSIJNU STOCK. yUUTATlun.
Closing
Sales. High. Low. Bid.
Amal Conner .. 18.200 87 "
Am Agrlcult . . 200 SUM B'i BS
Am Beet Sugar. 2.100 73
American Can .. 4,1"0 S34 SS 884
do preferred.'. SOU 1184 111 71
Am Car & Fdy. 1,400 61 60V4 0!i
Am Cotton Oil.. 0O 5414 54 53
Am Ice Securl.. UOO 23 2'-!i 2-'4
Am Linseed ... loo 1Z T.t 13H
Am Locomotive. 2,000 43 44 44
Am Smel Ref. 3,400 8 St 84
do preferred.. 100 10S. losli 108
Am Sugar Ref.. 400 127 12 l-
Am Tel & Tel.. 000 144! 144 144
Am Tobacco . . . 2.3(10 2Bi 2(10 250J4
Anaconda M Co. 8.400 4.1 4414 44
Atchison 5.70() losi 10S lOi
do preferred.. zoo lui jui j. jui
Atl Coast Line.. 1,300 144 14S 142
Bait & Ohio ... 700 107 10 106T4
Bethlehem Steel 1.500 4 0 3 9 38
T? Tr.n 2.40O 81 - 89 90
Canadian Pacific S.10 274 271 V4 272
Central leatner l.2ui rj
Ches & Ohio ... 1.300 S2 Sl SJH
Chi Gt West ... 600 18 18 18J4
C. M & St Paul. 4,300 1001 10.- 105
Chicago & N W 200 13ft 138 138
Col Fuel A Iron 1,200 .14(1 145 14o
Corn Products.. 1.200 16 15 10
Del A Hudson
D & R Grande 21J4
do preferred ..... v--.- "
Distillers- Secur. 1,000 31 33 S3
Erie 5.70O 3C 36 36
do 1st pi .... o- s 2
do 2d pf .44
Gen Electric ... 500 1S2 . 1S2
Gt North pr z.soo i-wt - .i
Gt North Ore .. 500 47 4u 45 J.
Illinois Central J?"??
Interbor Met . .. 1.100 19 I9J4 19i4
do preferred.. 1.500 60 oS .58
Inter Harvester. 600 121 120 lo
nter Marine pi uu -t iZf
Int Paper iiTt
Int Pump 200 26 28 zo
K C Southern .. -'2? --7?
Laclede Gas ... 100 105 105 10o
Lehigh Valley. T.SOO 1 ?'
Louis & Nash.. 1.100 164 124
M. S P & S S M -'V w -t7T
Mo. Kan & Tex. 200 28 2S 28
Mo Pacific 3.700 39 3S 38
Nat Biscuit .... 500 140t 139 138
National Lead.. 1.100 60 59-j, o9
N Ry Mex 2 pf. 200 30 30 20
NTcfntraT .. 50O 115 115 115
NT Ont & Wei 7I0 37 3i 3.
Norfolk & West 1.S00 11(1 11; 1J-J
North American Sort 85 8.. So
Northern Pac . . 8,300 128 126 12i
Pacific Mail .J"
Pennsylvn.ia ... 1,300 124 123 124
People's Gfis ... 200 117 116 117
P C CSS! L.. 2.200 110 109 108
Pittsburg Coal.. 2.0OO 25 23 23
Pressed S Car.. 500 38 37 Si J4
Pull Pal Car ... -'" i" iz7.7
Reading 2,800 170 1WJ 1J
KepuD 1 rtc P .... -.7 -17t' r.
do preferred.. - 800 90 88 Si
Rock Island Co. 1,700 20 25 25V
do preferred.. 3oO 52 52 51
St L S F 2 pf 300 33 3-. 3-'
Seaboard Airline ..... - ;i
do preferred.. 400 52 52 52
Sloss Sheffield 54
Southern Pac .. 1.100 112 111 110
Southern Ry ... 2.600 :!0 30 30
do preferred.. 1.600 81 81 80
Tenn Copper ... 1.200 43 41 41
Texas & facinc j.w --- i.,
Union Pacific .. 25,300 171 170 170
"00 91 91 91
V 8 Realty .... 3.000 . 83 8.1 M
IT s Rubber ' 500 51 51. 51
U S Steel 73.600 73 72 72
do prererrea.. ."u n-i i'-
Utah Copper .. 6.50O 66 .65 64
Va-Caro Chem .. 9O0 47 45 43
Wabash 5X 4 4 4 id
do preferred.. mo 14 14 14
Western Md ... 2i0 58 iiS 57
Western Union.. 200 81 81 81
Westine Elec .. 1.900 SS 86 87
Wheel & L E .. 200 e .; '
Total sales lor tne nay. aoi,iw awaiw.
BONDS.
NEW YORK, Sept. 3. Closing quotations
U S ref 2s reg.llil
J S ref 2s reg.101 !N Y C gen 3s. 8
do- coupon ...101 'No. Pacific 3s... 6S
U S Ss reg 102 No. Pacific 4s... 97
do coupon ...102 'Union Pacific 4s. 99
U S new 4s reg.T1:lWis Central 4s 91B
do coupon ...113.
Stock, at Boston.
BOSTON, Sept. 3. Closing quotations:
AUn.... 46IMnhawk 68
Amalg Copper.. 85 Nevada Con .... 22
A Z L & sm... 30 Nipisslng Mines. S
Arizona Com .. '.Nortn Butte
B & C C & S M. BMi-lsortn Lase nv
Cal & Arizona.. Sl01d Dominion... 60
Cal & Hecla 540 jOsceola 116
Centennial 22 iQulncy S!
Cop Ran Con Co 5S shannon 15-a
E tiuiie vop ja. J- ciuipciiui
Tanklin 11'Sun & Bos Mm..
Glroux Con .... 5 Tamarack- '. 42
Granby Con ... 56;u S S R & M... 45
Greene cananea. t-. ao preierrea...
I Rosalie (Cop) 33 Utah Con 11
Kerr Lake 2!rtah Copper Co. 6
Lake copper o winona n
La Salle CoDner 6 .Wolverine 102
Miami Copper... 29i
Money. Exchange. Ktc.
NEW YORK. Sept. 3. Money on call Arm
at 3 6 4 per cent; ruling rata, 3; clos
ing bld,3; offered at 3.
Time loans quiet, rilxty days. (!?t per
ent: 90 days. 44 per cent; six months.
5 per cent. Close: Prime mercantile paper,
3 per cent.
Sterling exchange, easy at $4.84 for 60-day
bills and at $4.8655 for demand.
Commercial bills. $4.b3.
Bar silver. 62 c.
Mexican dollars, 48c.
Government bonds steady; railroad bonds
heavy.
LONDON. Sept. S. Bar silver steady at
28d per ounce; money, 2 per cent; rate of
discount lor snort Dins, :- per cent; ao.
three months' bills. 8 per cent.
i
Condition of the Treasury-
WASHINGTON. Sept. 3. At the begin
ning of business, today the condition of the
United States Treasury was:
Working balance in Treasury of-
nce.
In banks and Philippine treasury 33. 331, 349
Total or tne general tuna l-ft.64l,S4U
Receipts yesterday 4.000.380
Disbursements 2.278.S&4
Deficit to date this fiscal year is $3,853,
834, as against a deficit of $21,577,255 at this
time last year.
These figures exclude Panama Canal and
nubile d,ebt transactions.
WOOL TRADE ABOVE THE AVERAGE.
Prices Hold Firm - at Boston Buying I.
Chieflr of Territories.
BOSTON. Sept. 3. Business in the wool
market during the last week was above
average. Prices held firm. Transac
tions were chiefly in territories. Initial or
dering in the men's wear division of the
goods market, which has been heavy. Is now
well accomplished. Original territory wools
sold during tne weea on a oasis ox aDout
60 and 62 cents, Montana bringing about 24
and 25 - cents fox average wools in the
grease.
Texan pine. to g monins. D4tr.-ec; line,
Z months. 69(:c: fine. Fall. 46 47c
cJiernift. Northern. &l52c; mlddlg
county. 4SQS0c; Southern, 474Sc: Fall,
iree, tap uc
Oregon Eastern. No. 1 staple, 83fi5c
Eastern clothing. COc; valley No. 2. 90c.
Territorv Fine stanle. 66 6 67c: fine me
dium staple, 685c: fine clothing, 6045 6c;
line medium clotning, bsfstc; nan otww
combine. 62fS64c: three-eierhths blood comb
ing. 575Sc; quarter blood combing. BJfl
Pulled fine. A, 58e0c: supers. 55 857c.
Metal Markets.
NEW YORK, Sept. 3. Copper firm. Stand,
ard soot and September. 17-25f$17.62c: Oc
tober. 17.35 17.62c; November, 17.30
17.62c; electrolytic, 17lTc; lake, 17
Hc; casting, 1717o.
Tin quiet and easy. Spot and September,
47.10 47.75c; October, 4747.82e.
Lead Arm at 4,V54.95c
Spelter firm at 7.257.50c
Antimony quiet. Cookson's, 8.45c.
Iron firm. No. 1 Northern. $16.50617; No.
2 Northern and No. 1 Southern soft, $16,259
16.75.
Exports of copper for the month of Au
gust. 29,o2S tons; local sales. 2j tons. Lon
don copper easy. Spot. 78 18s 9d; futures,
79 7s 6d. London tin easy. Spot. 216 15s;
futures, 214 Cs. London lead, 20 15s. Lon
don spelter, 26 15s. Iron Cleveland war
rants. 64s 3d In London.
Coffee and Sugar.
NEW YORK. Sept. S. Coffee futures
closed steady within a point or two of the
top at a net advance of 00 to 56 points.
Sales, 17,750 bags. September, 18.53c; Octo
ber, ls.o4c; jsovemoer. is.ssc: December,
13.56c; January and February, 13.57c; March,
13.58c; April, 13.59c; May. 13.63c; June,
13.5c; July, 13.5Sc; August, 13.53c.
Spot steady. Rio 7s. 14c; Santos, 16c.
Mild quiet. Cordova, 1616c
Raw sugar steady. Muscovado, 89 test,
3.73c; centrifugal. 96 test, 4.23c; molasess,
89 test, 8.48c. Refined quiet.
Dried Fruit at New York.
NEW YORK, Sept 3. Evaporated apples
steady.- .Fancy, 99c; choice, S⪼
prjme, 77c
Prunes quiet- California, up to 30-40s,
89Uc; Oregon.. 69c.
Peaches quiet. Choice, 66c; extra
choice. 77c; fancy, ?8c.
Wool at St. Loull.
ST. LOUIS. Sept. 3. Wool, steady. Terri
tory and Western mediums. 2024c; fine
mediums, 1820c; fine, 1317c
BRISK LIVESTOCK TRADE
MARKET OPEXS ACTIVTC AND
FIRM AFTER HOLIDAY.
Best Grade Cattle, Hogs and Sheep
Are Taken at Full
Prices.
The livestock market ooened brisk and
firm after the holiday with a good supply
of cattle, hogs and sheep available. Buyers
operated freely and paid full prices lor the
best grades.
Choice steers were taken at $6.85 7 and
other grades at $6.206.75. The best cows
brought 16.10 6.25 and choice heifers sold
at the latter figure.
Several loads of choice ujrht hops were
sold at $8.15 and $9.25 and heavy hogs
brought 8 to 18.50.
Transactions in the sheen market were
confined to two sales of wethers at $4.50.
Receipts were 72-1 -cattle. 2 calves, 41
hogs and 870 sheep.
Shippers were: Hill & Hornbeck, Drain, l
car of hogs; George Kohlhagen. Roseburg, 7
cars of cattle; J. B. Ingalls, Condon, 1 car
of cattle; W. M. McGreer. Shaniko, z cars
of cattle; E. McGreer, Shaniko, 1 car of
cattle; J. Rich, Baker. 1 car of cattle: E.
McCullough, Baker. 3 cars of cattle; Idaho
Packing & Provision Company, Boise. 1 car
of sheep; walla walla Meat Company.
Waits burg, 1 car of hogs; A. F. Bennett)
Shaniko, 1 car of cattle; Frank Lee. Con
don, 1 car of cattle; F. Matteer, Condon, 1
car of cattle; A. R. Ford, Carlton, 1 car of
hoics; W. J. Blake. Billings, 3 cars of cat
tle; J. W. Ayres, Sherar, 1 car of hogs;
J. D. Ross. Fresno, 4 cars of cattle and
calves; B. F. Norwood, Harrisburg, 1 cars
of cattle and hogs; Hugh Cu minings, Hal
sey. 1 car of hogs; J. W. Hunt. Ashland, 4
cars of sheep and M. J. Sevier, Ashland, l
car of sheep.
The day s sales were as follows:
Weight. Price.
20 heifers U25 C.2o
2 steers Vim .3U
'2(t steers USD 7.00
4 cows 1203 6.30
6 steers 1028 6.o0
6 cows 10'Jj 6-25
14 steers 1110 7.00
28 steers 3091 6.80
27 steers 3070 6-,i
1 steer 3160 6.75
1 steer 640 5.00
6 steers 845 6.00
Irt ntpprn - it0 6.75
14 steers 1037 6.40
16 steers ( 6--
1 cow 1080 3.50
2 cows 1075 5.00.
23 cows 3t 6.00
16 cows 820 6.10
6 cows 843 5.25
IB heifers 834 6.25
6 heifers ASO 6.15
8 cows 1020 5.60
2 staes 1400 5.00
128 wethers 98 4.50
133 wethers 4o
f lirnrs iitu a.oV
48 hoes 33- 8.25
76 hogs - 212 8.25
8 hoes 315 8.50
112 hou-s 368 8.7;
100 hogs 3 65 8.75
30 hogs
4 hogs . 255 8.25
20 hogs 38 9.25
1 hog - 440 8.00
5 hoes . 224 9.25
10 hogs 1S 9.2:
1 hoes 217 9.2i
1 hog 670 8.50
T7 hnn 3 84 0.1
3 hogs 33 9.25
2 hogs 345 8.50
. The range of prices at me yam waa as
follows:
fhric fit e era .a ra a t."v
Good steers 6.00 & 8.05
Medium steers B.7fifS 6.00
Choice cows ....... o.todr 6.2
Good cows a.auw o--
Medium cows 5.00 S.50
Choice calves 7.U0M 8.50
Good, heavy calves
. 6.00
Bulls
3.50 5.00
4.750 6.00
Stags
Hogs . . . .
H,ht 9.750 9.2
Heavy 8.00 8.50
Sheep .
Yearlings J.oO 4.6U
Wethers 4.00 9 4.o0
Ewes - '.w. '
Lamb, 4.00 5.35
Omaha Livestock Market.
SOITTH OMAHA. Sept. 3. Cattle Re-
i.nii-.r. u'JOO' market, steady to 10c lower.
Native steers, J5.7510.25; native cows and
heifers. S3.25 &tf.75: Western steers. 5.75
H.'J5? Texas steers. 4. 50 to ti. 50 : Texas COWS
and heifers, -$3$ii.25; canners, $2.7534.O0;
stockers and feeders, S47.50: calves. 14.50
bulls, stags, etc., o.
Hog Receipts, 6400; market, steady.
Henvv. SK.15&.S.40: mixed. SS.2o&8.40;
light. 4 &.OU ; pigs. i(fi; duik ul sales,
f.20S.40.
Sheep Kecelpts. xo,uuu; marKex, siow aau
weak. Fed muttons. $4.60ifr5.25: wethers.
3.S54.50; ewes, $34: lambs. $6.256.85.
i
(hit ago Livestock Market.
CTTICAfJO. Sept. 3. Cattle Receipt.
70OO: market, weak to 10c lower. Beeves.
j5.75 10.50; Texas steers, $4.75ft6.50; West
ern steers. xo.&vj.iu; sioc&cri aim iwuer,
$4.257.15; cows and heifers, $38; calves,
SS&ll.
Hors Receipts, 1O.0O0: market, slow and
steady to shade lower. Light. S8.2O4J9.0S:
mixed. S7.80li8.95; heavy. t7.008.35; rough
7.6t'j 7.S0; pigs, X5jS.10: bulk of sales,
7.058.0.
Sheep Receipts, 40,000; market, steady to
10c lower. Native. 13.406 4.00; Western.
$:;.506 4.60; yearlings, S4. 90t 5.60; Iambs, na
tive. S4.50 8 7.10; .Western. I4.50S7.20.
'aval stores.
SAVANNAH. Go., Sept. 3. Turpentine
Firm, SS3Sc; sales. 1337; receipts,
1561: shipments. 135; stocks, 3S.200.
Rosin-Flrm ; sales. 3200; receipts. 3500;
shipments, 1900; stocks. 100,000. Quote: B,
S8.30; D. 36.35; B, 4S.37'; F. G. 3S.40: H,
t.45; I. $6.50; K, J5.60; M, 7.00; -N, S7.25;
WG. J7.75; WW, JS.15.
AUGUST WET; HALF CLEAR
Weather Records at Astoria Show
Rain Heavy; 15 Days Sunny.
ASTORIA. Or.. Sept. 3. (Special.)
August was an exceptionally wet month
in Astoria, according to the records in
Local Weather Observer Gilmore's of
fice. The total rainfall for the month
was 4.09 inches, which was 2.19 inches
in excess of the average for the corre
sponding: month of previous years.
The greatest precipitation during: any
24 hours was 1.36 inches on August 28
and 29. The maximum temperature was
83 degrees and the minimum 47 degrees.
There were 15 clear. 10 partly clear and
six cloudy days.
WHEAT DOWN A CENT
Big Movement From Farms
Weakens Prices.
WORLD'S SHIPMENTS LARGE
Increase of Nearly a MilMon Bushels
in American Visible Supply.
Trading at Chicago Is
Largely Professional.
CHICAGO. Sept. 3. Heavinew ruled the
wheat market all day as the natural result
of huge receipts from both the Spring and
Winter crop.
It was conceded to be inevitable that
wheat Drlces would smash. The same report
came from all points, an extraordinary run
of loaded cars from the fields and world
shipments wer. large.
Because of nearly 1.000.000 bushels in
crease in the visible supply, the wheat mar.
ket seemed unable to rally materially.
Throughout .the session trade remained
chiefly 'local and professional.
Corn finished H to HW1c aown.
Oats closed unchanged to a shade down.
At the end provisions varied from 2c
lower to an advance of 12c
Futures ranged as follows: . .
WHEAT. .
' Open. Hltrh. Low. Close.
Sept. M .112 .91 .91
Dee lis .9214 .vi
May .IMV4 .9(1 .95 .96
CORK. .
Sept. .72 .71 .72a,
Dec. 54i ..14 .54 .uK
May 53 .33). .53 54 .53
OATS.
Sept. 3114 .31 i .31 .31
Dec 82 .3214 .32 .32 M
May 31 .34 .34 .34
PORK.
Sept. 17.60 17.7S 17.60 17.72
Oct 17.7.". 17.90 17.75 17.82
Jan. 19.35 19.40 19.30 19.32 V-
LARD.
Sept. 11.15 11.20
11.15 1117
11.20 11.25
10.92. 10.95
10.85 10.90
Oct. 11.22 11.25
Dec. 10.95 10.115
Jan. 10.90 10.90
BIBS.
Sept. .......11.02 11-074 11-02 . 11.02
Oct 11.10 11.12 11.10 11.10
Jan 10.27 10.32 10.27 10.32
iasn quotations were as rouows:
Flour Steady.
Rye No. 2, 768c.
Barley Feed or mixintr. 45 Hi 53c: fair to
choice malting, 62(&66c.
i imotny seea ?3.auret 4.7o.
Clover seed $1316.50.
Mess pork $17.75'17.87.
Lard (In tierces), $11.22.
Short ribs (Loose). $11.05.
Total clearances of wheat and flour were
equal to 863.000 bushels. Primary receipts
were 11,18 2,000 bushels, compared with 1.-
918.000 bushels the corresponding: day a
year ago. The visible supply of wheat in
the United States increased 922,000 bushels
for the week. The amount of breadstuff on
ocean passage decreased 1.760,000 bushels.
Estimated receipts for tomorrow: Wheat.
577 cars; corn. 870 cars; oats, 956 cars;
nogs. 37,ouq head.
Visible Supply of Grain.
NEW TORK, Sept. 3. The visible supply
or grain in tne united mates Saturday. Aug
ust 31. as compiled by the Xew York Pro
duce Exchange, was as follows:.
Bushels. Increase.
Wheat 19.5S6.O00 923,000
Wheat In bond 628.000 557.000
Corn 1. 820.000 247.000
Oats 4,160,200 1,009,000
Oats In bond 68.000 2,000
Rye 441,000 v 153.000
Barley , 960,000 4S5.000
ttariey in bona zi.uuu
Decrease.
Bradstreet's visible supply of grain state
ment will be Issued tomorrow.
Minneapolis Grain Market.
MINNEAPOLIS. Sept. 8. Ciose: -Wheat,
SeDtember. S7c: December. S!)ie: Mav.
Mc. Cash: No. 1 hard, 90i4c; No. 1
Northern, 88H c to 8wc: No. 2 Northern,
t4i qvr ic; Pso. 3 wneat. -&&4c
Corn No. 3 yellow, TOH&'Gc
Oats No. 3 white; 30c. -Rye
No. 2, 6363Hc.
Flax fl.80.
Barley 34 62c.
European Grain Market.
LIVERPOOL, Sept. 3. Wheat October,
7s 7d: December. 7s 4d. Corn December,
4s 11 d. English country market un
changed; French country marKets, weaK.
Puffet Sound Grain Markets.
TACOMA. Wash.. Sent. 3.-Wheat Blue
stem. S2(gS3c; club. 78fiiSt(c. Car receipts.
wneat vu; oaricy, corn ana joais. eacn; nay,
5 cars. -
SEATTLE. Sept. 3. Wheat Bluestem,
S3c: fortyfold, 81c; club, 81c; Fife. 81c; red
Russian. 7Uc. Yesterday's car receipts, wheat
27. corn 5. oats IS. barley 5. flour 1U, rye 1.
Dulnth Flax Market.
DULTJTH. Sept. 3. Linseed on track,
S1.S4; to arrive, $1.84: September. 1.80; Oc
tober, fi.ift; iNoveraDer, i.e ; .uecenioer,
$1.03 asked.
Law Breakers Sentenced.
VANCOUVER. Wash.. Sept. 3.-(Spe-
ciaO For Interfering with an officer
when he was attempting to make an
arrest, J. T. Blieck). was fined taO ana
Not an ex
periment, but a
street pave
ment of proven .
worth in con
struction and
serviceability.
BARBER
ASPHALT
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 tor r rices
lumbermens .
National Bank
BONDS
Yielding 5 to 6 Per Cent
Capital - -
LADD & TILTON BANK
Established 1869.
Cspital Stock
Burplua mnd Undivided Profits........
Commercial and
, Letters of credit, drafts and
able in all parts ef the -world.
W. M. Ladd, lVealdent.
Ctdward Cooking-ham. Vlo
W. H. DBBckdey, Caahlar.
First National Bank
Capital $1,500,000 ,
Surplus 900,000
. Oldest National Bank West of the
Rocky Mountains
The Canadian Bank of Commerce
. INCORPORATED 1867.
Head Office Toronto. Canada. New York 1 Exchange Place.
London 2 Lombard Street.
Over three hundred other branches in the United States and Canada.
Every care taken of collections. Drafts on all foreign countries and
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
F. C. MALPAS, Manager.
costs, and William Clark, $100 and
costs, both soldiers, by G. L. Davis,
Justice of the Peace, acting for J. W.
Shaw, a Police Judge. Sergeant Mc
Court was fined J20 and costs for dis
orderly conduct. For taking a shot
at a quail out of season, Claude Smith
paid $10 and costs here today.
He failed to get the quaiL Sentence
was also passed on Henry Van Strat-
ton. six months to 20 years in the State
Reformatory at Monroe, for forgery;
Balndius Hermann Mox George
Schmidt, one to 20 years In the State
Prison at Walla Walla, for forgery;
H. C. Carnahan pleaded guilty to grand
larceny, but sentence was postponed.
The "get together
movement" in fevor ofi
bitulithic pavement is being
encouraged by all friends of
economical city government
who are unbiased in their
opinions.
J.C.WILSON&CO.
STOCKS, 'BONDS, CHAIN AND COTTOA
MEMBERS
NEW TORK STOCK EXCHAKGB,
XEW YORK COTTON EICHA.VGE,
CHICAGO BOARD OP TRADE.
THE STOCK AND BOND EXCHANGE.
SAN FRANCISCO.
PORTLAND OFFICE:
Main Floor Lumbermens Bank Bldg.
Fifth and Stark.
Phones Marshall 4120. A 4187.
TRAVELERS' GUIDE.
ZHI mi UV IK J a ,11 Pdi
f-IIAnT I IMC ffl
19 DAYS J l Wi t I is DATS
The pleaaantsi and most comfortable of all ocean voy-
a trip acrosi the Pacific to the Antipodes. Splendid
steamers "bUSUMA and vtiMtnA , iu.uuu ion
displacement. 44 days San Francisco to Sydney, Australia,
and back, with adavat HONOLULU each way. stops t
PAN GO PAN 60 (SAMOA) and aix days at SYDNEY, the
mofft beautiful and healthful city in the world.
pMMit Tfittnn mri nleasure no other trip compares
Tith thia. Stevenson said of Samoa, "No part of the world
exerts the same attractive power upon the visitor.
Round tnp rates, lrt cups, irora aan rranc-Tco.
HONOLULU $110: SAMOA 5240; 5YDNEJ3M.
bound THE WORLD S60Q 1st cabin: 1375 2d cabin.
via Ceylon Egvpt, Italv, etc. Liberal stop-overs.
Saai'njrs every two weeks: Autr-13, 27, Sept. 10, 24, Oct
8, etc. Write or wire- NOW for bertha.
OCEANIC STEAMSHIP CO. 073 Market St. San Franc
COOS BAY LINE
STEAMER BREAKWATER
Sail, from Aln.worth Dock, " Portland, at
S A. M-. September 2. 1, 12, IT, 22, 27;
October 2, , 18, 23, SO. Freight received
at Aln.worth Dock daily up to 6 P. M.
Passenger fare First-class, $10; second
class, J7, Including bertb and meals. Ticket
office at Ainsworth Dock. Telephones
Main 3600, A 2332. Portland Coos Bay
SS. Una, B. J. Mohr. Agent.
:.Jj:,e:A-iV:Wl:.i.Jrirtr1g
EXPRESS STEAMERS FOR
6aa Francisco and Los Angelea
WITHOUT CHANGK
8. 8. BEAVER. 8 A. M. Sept. 4
THE BAN FRANCISCO PORTLAND 8. 8.
CO. Ticket Office 132 Third Street.
Phone Alain 2603. A 2M9-
SI, 000,000
. . . $1,000,050.00
........ 800,000.00
Savings Accounts
travelers' eheoks issued, avsB.
OFFICKRJ
Rotwrt S. Howard, Asst. Caahlaai
Pres. J. V. Ladd, Aut. Ca.bler.
Waiter M. Caok, Ami. CmbI.iw
TRAVELERS GUIDE.
Larseat 8.9. Oo.
In tba World
j.eio.ooo
IONS
Atlantic
Service
London, Paris,
Hamburg
Kronnrfncesnin Cecllie.
S.-pt. 14. 11 A. M.
Pre, (irant Seat. 18, II A. M.
Ametfka. ......... Sept. l, IX noon
Hnmbunr Sept. 21, 2 P. M.
MEDITERKANEAN
GIBRALTAR, NAPLES. GENOA.
S. S. MOLTKE
OCTOBER 1, 1 P. M.
S.1. Cleveland (World Cruise).
Oct. IK. 11 A. M.
Cincinnati. .. .November 2. 12 noon
GRAND CRUISE
TO
The Orient
by the Palatial
S. S. CINCINNATI
(17.000 Tons)
LEAVING NEW YORK
January 28, 1913
to MADEIRA, SPAIN, the M KDI
YEKKAN EAN and the ORltNT.
80 days $325 pd.
Write for booklet of any cruise.
HAMBURG -AMERICAN
LINE
3(10 Powell St.. San Francisco, Cal.;
O.-W. RAN. Co.. Nor. Pacific,
B. K, a K. K.. .Burlington
Route, Milwaukee A Pugel
San Francisco, Los Angelei
and San Diego Direct
S. S. Roanoke and S. S. Elder
Sail Every Wednesday Alternately at P. M.
NORTH PACIFIC S. 3. CO.
Itt A Third St. Phones Mala 1311. A 1311
NEW Y0KK - PORTLAND
REGULAR FREIGHT SERVICE.
Low Rates. Schedule Time.
AMERICAN-HAWAIIAN S. S. CO.
215 Hailwar Uackantre Bids;.
Portland, Or.
Main 8378. A 3922.
Steamer Anvil
Salic from Couch-Street Dock Wednesday,
September 4, 7 P. M.
, For Newport, Florence and Bandon.
Freight and Passengers.
Frank Bollam, City Ticket An em. 128 Third
Phones stain A 409ft.
C E. Brown, Frt. and Pass. Agt., Couch
St. Dock. Phones. Main 881, A 4161.
Drain to Coos Bay
Auto Every Day. Wire Reservations la
.. 0. MATT00N, Drain, Or
1 Sound R. R., Great North- II
em Railway Co.. Dorsey
V4 B. Smith. fl Fifth St., fit
Portland, Or. Ay
a Copyright, 1V12,