Image provided by: University of Oregon Libraries; Eugene, OR
About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Sept. 5, 1912)
WHEAT. HOT INJURED
Banker Finds No Damage in
Palouse From Rain.
NEED FOR LIVESTOCK SEEN
Offirfr or Lumbermen's National,
Upturning From Montana Con
vention, Makes Inspection
in Inland Kiupire.
Wheat growers of the Paloufe and the
vast Inland Empire country have Buffered
no 1 09 on account of the rainy weather."
I; Mid Graham Dukehart. assistant rnsnirr i
the I.umhermens National Bank, yesterday.
Mr. Dukehart baa Just returned from a trip
through that territory, having previously
attended the convention of TfffMontana
State Bankers- Association, held at Kalis
pell. "In Colfax I called on the different bank
ers and found that they are all satisfied
with conditions and look for a prosperous
year." he continued. "In company with
one of the bankers. I visited the wheat
fields around Colfax and saw them thresh
ing an enormous wheat crop. The way the
threshing crews unhooked from one setting
and proceeded to another without loss of
time was an eye-opener. It was just like a
circus. Wheat growers In the Talouse are
harvesting 43 bushels to the acre. The
harvest la pretty far along, so rains should
do little damage, if any. There is no dam
age as yet from unfavorable weather, and
little grain remains to be cut.
'I found some farmers beginning to raise
stock. Some refuse to sell their grain, and
are feeding It to hogs with marked success.
As In ail other sections, a dearth of cattle
la apparent. Feeders are hard to obtain at
any price, and because of this condition the
farmers are unable to grasp an opportunity
for considerable profit.
"At Toppenish. on the Yakima reserva
tion, .all the land is leased, and the improve
ments therefore are of a temporary charac
ter. The principal crop is alfalfa, and the
farmers were somewhat ca.eless In curing
their hay. It Is not Al stuff, and contains
weeds and some cheat. Here Is an example
of alnppy farming. The average farmer is
not going to-set enough above the cost of
1 I V. I hair rt HuV HnT feed in stock.
It has oeen their practice In recent yearn
wben hay was nign 10 aiF
and sell even their yearlings, so now they
have no stock to feed.
peach orchards around North Yakima are
In a hiph state of cultivation and are beau
tifully kept. The Yakima Valley has an
enormous fruit crop this year, and they are
now marketlnjf their peaches and early op
pies. Orchard investments around Yakima
are brinKin satisfactory returns. North
Yakima is a live, up-to-date town, with class
A buildings, wide etreets and an automobile
fire department. The Kennewick hth lands
produce large crops of jrrapes and apples.
SV'hlle I was there one train of 56 refriger
ator cars of fruit pulled out of the station.
"One opportunity that is being overlooked
almost all alonit the line is that of raising
hogs. Enough goes to waste on the average
farm to feed a good-sized band of porkers.
If farmers would only embrace this oppor
tunity, they could clothe their families and
have a substantial surplus from the profits
'The convention at Kalispell was well
attended, and after the business sessions
were concluded the delegates were nter
tained by a trip to Lake McDonald and
Glacier Park. We also took a motor trip
CO miles east of Kalispell in the Flathead
Valley, where they are just harvesting a
large grain and hay crop. Wheat and oats
four feet high, with heads correspondingly
heavy, were seen. There were enough dele,
gates from Spokane and San Francisco to
enable us to charter a special Pullman from
Belton. Mont., to Spokane, and this mad it
pleasant for all." . . j
PURCHASING OF WHEAT IS CHECKED
Bayers Apparently Are" Filled I'p and With
draw From tlio Market.
There was a decided slowing down of
activity in the wheat market yesterday. A
few buyers were still in the field, paying
80 cents, but the majority of the larger
dealers have withdrawn temporarily. Wheat
was freely offered at the old price and for
the first time in two weeks the offerings
were in excess of the demand.
There were no changes in the barley or
Local receipts in cars were reported by
the Merchants Exchange as follows:
urn at Rsrlev Flour Oats Hay
25 31 13 13 10
82 13 4 6
go 3 6 U 2
Season to date.
1616 151 3T1 113 30.
oj.l '.) 44S 141 437
.ear s "
i -nnriuinn sir Kummarized
by the Liverpool Corn Trade News as fol
lows: United Kingdom The continued wet
weather which has prevailed for the past
ix weeks has caused irreparable damage
to the wheat crop and a considerable por
tion of the new wheat is unfit for milling
purposes, and nearly all of it unfit for im
medite use. The. weather today shows im
provement. France There are some complaints of
sprouting and bad condition of wheat, owing
to wet weather. Our own agent takes a
more favorable view regarding both the
quality and yield. The oats has suffered
damage from wet weather.
Uermanv Much of the wheat and oats
crops has been damaged by the continued
rains, and there is an increased demand
for foreign wheat. There are many com
plaints regarding the potato crop.
Roumanta The outlook for the com crop
has improved. Plowing for the new wheat
crop is progressing under favorable weather
Hungary The outlook for the corn and
potato crop is good.
ustralla The wheat crop shows a healthy
growth, although it is somewhat backward.
Russia Our agent at Odessa stales that
the weather Is fine, although there has
been some damage to the crops by rain.
Arrivals are large. In the Volga region
i v.. hinHoroH lt harveatlnK. and some
e.mSc i rnnoil Arrivals are small. In
the southwest the weather is unsettled after
general rains, and harvest reports are un
satisfactory. Arrivals are small.
RECENT SALES OF OREGON WOOLS
Oat Lot of 200.000 Pounds Brings 21 and Si
Cents at Boston.
Amonc the wool sales reported at Bos
ton in the past week by the Commercial
Bulletin was a lot of 200.000 pounds fine
staple Oregon at :i and 12 cents, or about
2 and 65 cents clean basis.
Original wools have sold to a considerable
extent on the basis of about 60 and 6
cents. Mon tanas bringing about 14 and "5
cents for average wools in the grease. Orig
inal lots reported include 125.DO0 pounds of
Montana and a similar amount of Idaho.
the latter at 21 and cents In the grease
and about cents clean. Another lot of
75.000 pounds Montana brought about 61
and (- cents clean and some 325.000 pounds
of the same grade was sold by another
house at the same range of price.
Graded wools have Included a sale of about
400.000 pounds of half-blood Montana and
Soda Springs wools at a basis of 62 cents
clean and upwards. This means a grease
cost for the Montana of 26 cents. A sale
of 1O0.O00 pounds three-sighths Soda Springs
Is reported at cents to cost 57 and 3S
cents clean. Fine staple Montana Is held
at (5 cents and upwards. A lot of 200.000
ftr.e staple oda Springs was sold at 24
cents or 65 cents clean.
TRADE IX PEACHES OF LARGE VOLUME
With Strang Demand. Prices Are Firmly
Peach sales yesterday were of large vol
ume. There was an ample supply on hand.
but the demand was strong and prices were
A shipment of Lodl Tokay grapes arrived
and sold at $1.75 in lug boxes. Good grapes
of all Taneties wc"e firm. Melons and can
taloupes were rather scarce, with a good
demand for both, pears and apples moved
wli. Prunes and plums were In oversupply
and weak. .
Sweet uotataes were scarce, but a carload
is due today. Tomatoes were temporarily
firmer and the best brought 60 cents a box.
Th steamer due today will bring the usual
assortment of southern vegetables.
Improvement In Poultry Trade.
Poultry receipts were fairly iarge yester
day, but buyers took hold readily. Hens
sold at 13 cents and Springs at 15 cents.
There was also a better supply of dressed
meats, but prices held firm.
The egg market was steady with the sup
ply and demand about equal.
Butter and cheese were firm with a good
demand for both.
Sugar Market Is Firm.
The sugar market is firm with good
prospects of an advance today or In the
near future. There was an advance in the
Eastern market yesterday, the second since
the last rise on the Coast.
LARGE HHEEP SALES IN WALLOWA CO.
Recent Transactions Involve Transfer of
ENTERPRISE, Or.. Sept. 4. (Special.)
A number of large sheep sales have been re-po-tod
in Wallowa County in the last weV
Fred W. Falconer, of Enterprise, is the
largest buyer, having purchased about 12.000
sheep C P. Ragsdale has bought about
30 '0 head recently, and since July 1 has
purchased SO00. Graves brothers have sold
30O0 sheep for the Eastern market.
Mr. Falconers purchases included the fol
lowing: 1300 coarso lambs, bought of Ernest
Johnson; IOOO fine lambs, bought of Ray
Johnson; 2000 breeding ewes and 1000 coarse
lambs, bought of Walter Boner; 7H ewes
and Iambs, bought of Pat Loftus; fiOO ewes
and wethers, bought of Albert Morgan; 3300
ewes, wethers and lambs, bought of Schaef
fer & Downard; 1000 fine Iambs, bought of
Mr. Falconer will f"d part of these
sheep, some on his ranches and some on
farms in the lower part of the county, where
he has bought hay. The ewts will be kept
for breeding. If the market goes up. Mr.
Falconer will be ready to take advantage
of the advance and soil.
Mr. KagFdale bought 2000 coarse lambs of
Hanson brothers at $4.25 apiece for October
1 delivery. He also took all of Jud Tip
pe't's coarse lambs. In July he purchased
5000 sheep of Peter Baudon.
Graves brothers have sold to Charles Her
shey MM t( coarse lambs for delivery Septem
ber 27 at Enterprise. The price was a
head. The sheep will be shipped to Gibbon,
Neb., and there finished for the Eastern
Bank clearings of the Northwestern cities
yesterday were as follows:
, $2.7O!I,OU0 S441,(i20
r. . 7GS,7t)S 05,035
Grain, Flour, Feed, Etc
WHEAT Track prices, new: Club, 80c;
blufstem, S2i S;ic; fortyfold. Sic; Valley, 81c.
FLOUR Patents $4.40 per barrel;
straiclits, $3.iK; exports, $3.60(53.70; Val
ley. $4.40; graham, $4.40; whole wheat.
BARLEY Brewing, $28; feed, $25 per
M I LLSTUFFS Bran. $23.50 per ton ;
shorts. $26; middlings. $32; rolled barley.
CORN Whole, $38.50; cracked. 39.50
per ton. 1
HAY Eastern Oregon timothy. $15; Val
ley timothy. $1213; alfalfa. $1112; clover.
$10; outs and vetch, $10011; grain hay.
OATd Spot. $29 30 per ton ; futures.
Vegetables and Fruits.
FRESH FRUITS -Apples. 75e'ffT. $1.75 per
box; peaches. 25fii65c pr box; plums, liglc
p-r pound; pears, 2c per pound; grapes. $1 fc1
$1.75 per box: blackberries, SOcff. $1.25 per
$350f4; California grapefruit, $5; lemons.
crate; watermelons. $1 1.25 per hundred;
Cassabas. $1.5ff 1.50 per dozen.
ONIONS walla waiia, 7oc per sac a.
POTATOES Jobbing pices: Burbanks,
itS75c per hundred; sweet potatoes, 2Uc .
per pound. I
VEGETABLES ArtlchoKesr- :ir toc - 'per ;
aozen; Deans. e; csuuhsc n
pound : cauliflower, $1 ft 1.25 per dozer.; cel
ery. 50c 75c per dozen; corn,--lo 2e per j
dJzen; cucumbers. 50c per box; eggplant. :
5i& 6c per pound; head lettuce, 2025c ,
per dozen; peas. 8.'ftc per. pound;- poppers. !
5 'a 6c per pound; radishes, 15 20c per
dozen; tomatoes. 5011 00c per box;, gariic.
Of. lC pel jjuimu.
SACK VEGETABLES Carrots. $l.o0 per
sack; turnips, $1.25 per sack; beets, $1.50
Dairy and Country Produce,
EGGS Case count, 2223c; candled, 25
2fic; extras. 27c per dozen.
CHEESE Triplets. 17c per pound; twins,
I7c; daisies, 174c; . Young Americas, 18c
BUTTER Oreson creamery butter, cubes,
32c -per pound ; prints, box lots, 33c per
PORK Fancy. 11 iff 12c per pound.
V3AL Fancy. 1415c per pound.
POULTRY Hens. ISfcc; broilers. 15c;
ducks, young. 10c; geese. 8 12c; turkeys,
live, 1S1i2Uc; dressed, 24CT25c
SALMON Columbia River. one-pound
tails, $3.25 per dozen; eight-pound tails,
$2.1)3; one-pound flats. $2.40; Alaska pink,
one-pound tails. $1.25.
COFFEE Roasted, in drums, 2640c
HONEY Choice, $3.75 per case; strained
honev. 10c per pound.
NUTS Walnuts, 1616c per pound;
Brazil nuts. 12Vfcc: " filberts, 14iS'15c: al
monds. 17 21c; peanuts, 0flHc; cocoanuts,
00c & SI per dozen; chestnuts. 12c fer
pound; hickory nuts, 6 10c per pound,
BEANS Small white. 5.40c; large white.
5.20c; Lima, Oc; pink, 4.15c; Mexicans,
43tc: bavou, 4c.
SALT Granulated. $15 per ton; half
ground 100s. $7.50 per ton; 50s, $S per ton
UGAR Dry granulated. $5.95: fruit and
berry. $3.05; Honolulu plantation. $3.00, beet,
$575; extra C, $5.43; powdered, barrels.
$6.20: cubes, bare is. $0.35.
RICE No. 1 Japan. 6c; cheaper graOes,
SiffSc; Southern head. l7Hc
DRIED FRUITS Apples, 10c. per pount ;
apriocts, Uc14c; peaches, 8llc; prunes
Italians, S10c; silver, 18c; figs, white and
black. 6ttc$ 7c; currants, 0c; raisins. loose
Muscatel. 67e; bleached. Thompson,
11 Wc; unbleached Sultanas. 8ic; seeded,7
& 8 4 c ; dates, Persian, S Vc per pound ;
hard, $160 per box.
HAMS All sizes, 17H18Hc; picnics,
114c; skinned. IS 19c; boiled. 27c
BACON Fancy. 2tl27c: choice, 17 22c.
DRY SALT MEATS Backs, dry salt. ll
12c; backs, smoked, 12Vi313c; bellies, dry
salt, 14 Vac: smoked, 16c
LARD Tierce basis, choice. 13c: com
pound, 9c; leaf, three-pound palls, $3.75 per
MISCELLANEOUS Pigs' feet, kilts. $1.35;
sliced beef, in sides, $23 per case; dried beef.
In sides, 2-c per pound; sausage, cervalat,
20$ 25c; holsteiner, 13c; Italian ham., 20c;
liver sausage, quarters, $5; Vienna sausage,
Hops, Wool and Hides.
HOPS 1912 fuggles, 17 ftQ per pound;
MOHAIR Choice, S2c per pound.
PELTS Dry, 13c; full wool butcher pelts,
$1 23t 1.75; searin.es, 25 50c
WOOL Eastern Oregon. 14t?lSc per
pound according to shrinkage; Valley, 21
tg1-22ttc per "pound.
HIDES Salted bides, 11 -9 13c per pound;
salted cr.lf, lS19c: salted kip. 11 12c;
green hides, llci dry calf. No. 1. 25c; No.
2. 20c; dry hides, 20?22e; salted stags, Ihh
g"8c; gre.n stags. C7c.
CASCARA Per pound, 4 95c; carlo ts. 5
Linseed OU and Turpentine.
LINSEED OIL Raw, barrels, 70c; boiled,
barrel a. tlc; raw, c.ses. 64c; boiled, cases,
TURPENTINE Cases, 63c; barrels. 0fcc
Coffee and Sugar.
NEW YORK. Sept. -4, Coffee closed
steady and within a few points of the best
at a net advance of 36 to 42 points. Sales:
173 300 bags. September. 13.94c; October,
13.9;:c: November and December, 13.92c;
January and February. 13. 94c; March.
lS.7c; April. 13.90c; May. 14.olc; June and
July. 14.t'0c : August. 13.93c
Spot Firm. Rio 7s. 14,c: Pantos 4a
l4c; mild, quiet; Cordova. lOfjlSc. nom
inal. Sugar Raw. firm. Muscovado, W test.
3.c: centrifugal. Vst. 4.20c: molassea,
.so test, 2.61c Refined steady. Sales, 22.WJ0
STOCK PRICES SAG
Conditions In Money Market
Are a Factor.
CALL RATE 4 PER CENT
Last Quotations Show Little of arljr
Gains Except in a Few of the
High - Priced Specialties.
Bond Market Is Heavy.
NEW YORK, Sept. 4. The most note
worthy Mature of today's dull and irreg
ular stock market was the growing im
portance of money as a factor.
For a time the list gave signs of an in
clination to shake off the heaviness of the
previous day although opening prices were
generally lower. This was followed by a
buying movement and short covering soon
established gatM of a point or more In
some of the n representative issues.
In the earlyafternoon when call loans
we're quoted at 4 per cent and time rates
went higher the market sagged until lit
tle was left of the gains except in certain
of the higher priced specialties, notably the
tobaccos, which repeated some of their spec
Private advices from Berlin, where pri
vate discounts were again higher. Indicated
an early advanee in the bank rate.
The bond market was again heavy with
pressure against some of the traction issues.
.Total sales, par value. l,850,O00. United
States government bonds were unchanged
CLOSING STOCK QUOTATIONS.
Sales. High. Low. Bid.
Amal Copper .. 7.8(H) 86 SO 804
Am Agricult .. 3,IKX n SSH 08 54
Am Beet Sugar. l.!0l 74 14 7.1 hi 7:( tfc
American Can.. 3,300 311 :ts
do preferred.. JH US 118 lis
Am Car it Fdy., full) 81 BO, 00
Am Cotton Oil. . "0 r.44 r.4 S4V4
Am Ice Securl.. l"t) -"'li " --4
Am Linseed UK) 13Vj lW 13
Am Locomotive. tlol) 44 4,"T4 435,
Am Smel & It 1.UU0 65
do preferred lf'i
Am Sugar Ri'f.. 1.100 lifi 125 1J."4
Am Tel & Tel.. 1.IMJ0 144 148 14454
Am Tobacco ... 1.700 24 2."i!vi i'li3
Anaconda M Co. 5,700 45 44 44 4
Atchison 1,601) 10Si4 107 Vi 107 7s
do preferred.. 300 10:! 102 101
Atl Coast Line. 300 142ti 142 141
Bait & Ohio 1100 107 10694 10OH
Bethlehem Steel .',00 30 54 '' 3
Brook R Tran.. 1,00 04 00 !Hli4
Canadian Far .. 2.000 273 18214 1S2V5
Central Leather. 2.700 29 2S4 2S'
Chea & Ohio 700 71 81 8114
Chi Gt West 18
C. M St Paul.. 1,300 100 105 105
Chicago & N W 13SH
Col Fuel & Iron. S.50I 34 32 S3 H
Consol Gas 2.100 145 145 143
i:orn Products.. 200 15 15 15
Del ft Hudson 18
D ; R Grande 21
do preferred 38 U
Distillers' Secur l.Ooo 33 33 3.1
Brie 4.500 3K 31! 30
lri 1st pf .... 300 53 35 53
do 2d pf 44
Gen Electric ... 2O0 1S3 182 182
Gt North pf 3.500 138 137 137
Gt North Ore .. 1,3"0 46 45 46
Illinois Central. 200 130 130 120
Interbor Met ... 1.000 10 10 10
do preferred.. 1.8'K) 38 5S 5t
Inter Harvester. SOO 121 121 121
Inter Marine pf. 1.200 20 20 i 20
Int Paper 200 16 1UV4 1
Int Pump 'vt
K C Southern 2(1
Laclede Gas ... 100 lor. 105 14 105
Lehigh Valiey. . 6.I00 1S 167 167
Louis & Nash .. 50" 162 162 162
M. S P & S S M 300 140 140 140
Mo, Kan & Tex 2S
Mo Pacllic 4.400 39 3!) 30
Nat Biscuit 130
National Lead . SOO 00 5il 5
N Ry Mex 2 pf 30
N V Central ... 900 115 114 114
N T. Ont & Wes 300 37. 37 37
Norfolk & West. l.ooO 116 115 115
North American 3o0 85 85 S3
Northern Pacilic 7.500 127 V4 126 120
Pacific Mail 30
Pennsylvania ... 700 124 124 124
People's Gas ... 116
P CCSSll... 200 W! 109 108
Pittshure Coal.. 2.1C0 25 24 24
Pressed S Oar..' 2O0 37'4 36 36
Pull Pal car... "" i J(
Reading ....... 35.600 169 16S 168
-Rapub t -St .. 601) 26 2ti 26.
do prelerred.. 3''o 8'4 f's
Rock Island Co 1.000 25 25 25
do preferred Til
St L & S F 2 Pf 300 35 33 35
Seaboard Airline 23
do preferred.. 2O0 52 52 52
Sloss Sheffield .. 200 55 55 54
Southern Pac .. 1.000 111 111 110
Southern Ry ... 3,700 30 20 29
do preferred.. 200 80 so sn
Tenn Copper ... 400 42 41 41
Texas & Pacllic. 100 23 23 23
Union Pacitic .. 18.10O 171 1704 11U4
do preferred.. 700 91 91 IU !4
C S Realty 100 S3 S3 S3
U s Rubber .... zoo nt ! "1
U S Steel 33.3flO 72 72 72
do preferred.. 700 113 112 112
Utah Copper ... 8.900 66 65 65
Va-Caro Chem.. 1.1O0 45 45 45
Wabash 400 4 4 4
do preferred. 16
Western Md ... 100 57 57 57
Western Union.. ; Sl
Westing Elec .. 1,000 87 60 86
Wheel & LE 8
Total sales for the day, 230,000 shares.
Reported by Oyerbeck & Cooke Company,
Amer. Tel. & Tel. conv. -4s 11.1 114
American Tobacco 4s 97 98
do 6s 120 121
Atchison Gen. 4s U6 97
do conv. 4s 106 110
do adj. 4s stamped S!l HO
do eonv. 5s 107 110
Atlantic Coast' Line cons. 4s.. 94 95
do "L&Ncoir 4s 94 95
Baltimore & Ohio 3s 91 91
do 4s 97 97
Can. Southern first 5s 100 100
C. & 0. 4s 83 0"
C. B. & Q. gen. mtg. 4s.,.,. 93 95
do joint 4s 96 90
do 111. 4s
do Denver 4s 95 93
Central Pacific first 4s 94 94
Chicago & East. 111. 4s......,. 77 - 77
C. R.-I. & P. ref.. 4s 87 SS
do Col. trust 4s 6S 69
Colo. & Southern first 4s 94 95
Denver ft Rio Grande 4s 80 90
Del. Hudson conv. 4s 97 98
Erie first cons. P. L. 4s S9
Int. Met. 4s SI 81
Japanese 4s 83 S5
do first 4s 91 92
do second 4s 91 92
L. & N. uni. 4s 97 97
Mo.. Kans. & Tex. 4s S3 86
Missouri Pacific 4s 75
New York central 3s 85 86
do L. S. 3s S0 81
New Tork City 4s -93 93
do 4s,of 1957 100 101
Norfolk & Western 4s 96 97
Norf. & Western conv. 4s. ...116 117
X Y. Ont. & West. 4s 92 92
Northern Pacific P. L. 4s 97 97
do 3s 68 68
Oregon Short Line 4s 92 92
Oregon Rv. & Nav. 4s S3 93
Penna. Ry. 4s of 1948 102 103
Phlliriine Ry. 4s 86
Reading gen. 4s 96 96
Republic of Cuba 5s 103 103
Southern Pacific first ref. 4s.. 3 93
do col. 4s 89
Southern Ry. 4s 78 78
St. L. S. F. ref. 4s 78 78
Union Pacific first 4s 98 99
do ref. 4s 95 96
U. S. Steel S. F. 5s 102 102
United States 2a registered. .. lol 101
do 2s coupon 101 lol
do 3s registered 102 102
do 3s coupon 102 102
do 4s registered 113 114
do - 4s coupon 113 114
United Railway S. F. 4a 65 65
Wabash first 4 s 67 6.8
Western Union 4s 97 98
Westinghouse conv. 5s .. 9,i
Western Pacific 5s 81 81
Wiicon.ln Central 4 91 92
Wet hoie 4s 100
Stocks at Boston.
BOSTON, Sept. 4 Mining stocks closed as
Ailouex 46'Mohawk 68
Am. Copper ... 86 Nev. Con 22
A Z. L & S... 30iNiplsalng M. ... 8
Ariz Com 5 INorth Butte .. 33
B it C. S. M 6 North Lake .... 3
Cal 4 Ariz.... 82 iOld Dominion.. 59
Cal " A Hecla..545 Osceola 115
Centennial 22 Quincy 88
C R Con. Co... 58hannon 16
e" Butte C M. . 13 SuperIor 46".
Franklin llw.2up- Bo- M" 1
Giroux Con. . fi 15-lo Tamarack 42
Granbv Con- ... 58 U.S.S.R.4 M. ... 45
Greene Can. 9 15-161 do pfd 50
Isle Rovale. C S5!utah Con. .... 11
Kerr Lake 2S I tah Cop. Co... 65
Lake Copper .. 3:Winona 5
La Salle Copper Wolverine 9S
Miami Copper 29l
Money, Kxchanre. Etc
NEW YORK. Sept. 4. Money on call,
strong. 3G4 per cent; ruling rate, 3:
closing bid. .1: offered at 4.
Sterling exchange weak, at S4.S365 for 0
dav Mils and at 14.8055 for demand.
Time loans, strong ; 60 days, 4 ci 4 per
cent: 90 days, 4 5 per cent: six month,
5 yer cent.
t Prime mercantile paper, 5 per cent.
' Bar silver, 62 c
Mexican dollars. 4Sc-
Government bonds, steady: railroad bonds,
LONDON, Sept. 4. Bar silver, steady,
28 15-16d per ounce. Money !3f2 per cent.
The rate of discount In th, open market for
short bills ts 3 per cent; for three months
bills, 3 per cent- ',
SAN FRANCISCO. Sept. 4. Sterling on
London. 60 days. 4.S3; sight, $4.86.
Drafts Sight, lc; telegraph. 4c
Condition of the Treasury.
WASHINGTON. Sept. 4. At the begin
ning of business today the condition of the
United States Treasury was:
Working balance In Treasury... gs.40o.i-o
In banks and Philippines i?v-5'ii2
Total of general fund i- o?3
Receipts yesterday Vn'i'3ii
Disbursements 4iV J-".
The deficit to date this fiscal year 7-'-;-798.
as against deficit of $20,642.o80 at this
time last year. These figures exclude Pan
ama Canal and public debt transactions.
'ew York Cotton Market.
NEW YORK, Sept. 4. Cotton futures
closed steady. 20 to 2T points higher. Sep
tember, 11.09c: October. 1131c: November
11. 41c: December, 11.46c; January. 11.32c,
February. 11.40c: March. 11-4..C'- May,
.... -,, cn ..Inceri ntile.t-. Mid
dling 'uplands, 11.60c; do, Gulf. 11.85c. No
NEW ORLEANS, Sept. 4. Spot cotton
ALL LIVESTOCK HIGHER
CHOICE STEERS SELL A QUAR
TER BETTER AT STOCKYARDS.
Advance of a Dime on Cows and
Hogs and Sheep Bring
There was a strong livestock market all
around yesterday. The available supply was
short of buyers' needs and except for a load
of hogs everything was cleaned up by toe
noon hour. Cattle, sheep and hogs sold at a
higher range' of prices.
A few prime steers brought $7.25. an ad
vance of a quarter over the previous top
price, bui most of the sales were at J6.65
to $7. A dime was tacked on the price of
cows, two loads selling at S6.35.
There was also a 10-cent advance in the
hog market, tops bringing 9.35. at which
figure two loads were disposed of. Another
load sold at the old price of 9.25, and heavy
hogs agam brought $8.50.
The strength of the general market ex
tended to the sheep division, yearlings scor
ing a nickel advance to ?4.65. Lambs and
ewes brought former prices.
Receipts yesterday were 101 cattle, -7o
hogs, 176 sheep and 26 horses. . ,
Shippsrs were: Flagg & StandNfer. Spo
kane, 1 car of horses; G. W. Loveberry, Sa
lem 1 car of horses; W. H. Steen, Blue
Mountain. 1 car of hogs; G. W. Owen, Idaho
Falls. 2 cars of hogs; W. O. Eddon. Terre
bonne. 4 cars of cattle: A. B. Gale. Alrlie.
1 car of sheep and hogs, and B. Rose,
Harrisburg. 1 car of cattle and sheep.
The days sales were as follows:
j ho 336 SS.50
s E 2m 9.25
12 steers .. .
8 steers ...
29 steers . . .
6 steers . . .
13 cows ....
28 cows . . . .
6 lamb. . . .
2 laml-s ...
1 yearling .
1 390 4.00
...... l'K 2.50
2 hoi" 355 s..-.,,
The range of prices at the yards was as
Good steers ?
Medium steers - D i-'7 "
Choice cows '-Z
Good cows 2-oUW 5.5
Mdium cows .0 5.30
Choice calves 7.0OW 8. so
Cnr.ll htavv calves ?. 00 6.50
r ."h"."- 8.75 9.35
i&ivV s.oo s.so
Sheep - .
Yearling t" iiY'S, TVZ
Wethers . i-5 5'?i
Omaha Livestock Market.
OMAHA. Sept. 4. Cattle Receipts. 4400;
market, steady to stronger. Native steers,
$5.75 10.25: tows and heifers, J.i.i3,
Western steers. 5r9: Texas steers. f4 S.ii0:
cows and heifers. S3 0.50; canners, 2.Sj
. . i,. fefders. 54 a 7.50: calves.
$-!5UfeS.5o: bulls, stags, etc.. 4ig5.50
Heavy S&S.3o;' mixed, $3.1.W8.3U. Hht,
S.0ii-8.45r Piss. $70$. buik of sales. S.la
Sheep Receipts, 9600: market, active and
stronger. Yearlir.es, $4.65 &, 5.23; aethers,
$3.804.60; ewes. $354.10; lambs, t.ilO
Chicago Uvestock Market.
CHICACiO, tfppt. 4. Cattle Receipts, 13.-000-
market steady to 10c up. Beeves. J-.50
S 15; Texas steers, $4.75fc. 6.30; Western
steers. $5.8o(&9.15; stockers and feeders,
$4-2571. cows and heifers, $3(&S; calves,
SHois Receipts. 19,000; market steady to
5c up. Light, tSOW.lO; mixea. it.wwv.yo.
heavy i .uois is t o ; rvusu, .o "e--
15 fi8.20; bulk of sales, $9.05(S-.0.
Sheep Receipts. 34.000; market, steady.
Native. $3.4O(?4.i0; Western, 3-50;4.to;
yearlings, $4.50 "a 5.00; lambs, 4.bO(iJ .10,
Western, $4. 60 ft 7.0.
SAX FKAXCISCO PRODUCE MARKET
Prices Quoted at the Bay City lor Vege
tables, Fruits, Etc.
SAN" FRANCISCO, Sept. 3. The follow
ing produce prices were current here today:
Fruit Apples, choice. 75c; common,
40c; Mexican limes, S5&5.50; California lem
mons, choice. $oi common, J2; pineapples. $1
Cheese Young America, 1516c.
Butter Fancy creamery, 32c
Eggs Store, 25c; fancy ranch. 31c.
Vegetables Cucumbers, 0ig 40c; garlic,
23c; greeri peas, 43c; string beans,
2i53c; tomatoes. 20i&30c; eggplant. 35
60c; onions, 50tS70c.
Hay Wheat, $2122.50; wheat and oats.
VJ-20; barley. $1417; alfalfa, $U13.5.
Potatoes Salinas Burbanks, $1.30; sweets,
$1.75 2.25. .
Receipts Flour, 2981 quarter sacks;
wheat, 2031 centals; barley, 23.244 centals;
oats, 4371 centals; potatoes, 8517 sacks;
bran. 956 sacks; middlings, 110 sacks; hay,
2332 tons; wol, 203 bales.
NEW YORK. Sept. 4. Copper firm. Stand
ard spot and September, 1 7.25 017.75; Oc
tober. November and December, 17.32
17.73; electrolytic, 17i&17; casting, 17 W
Tin "easy. Spot, September and October,
47 947.37 fc.
Spelter ilrm, T.25O7.50.
Arrivals of copper at New York, 377 tons.
Exports this month, 98 tons. Liocai sales,
standard. 100 tons. London copper dulL
Spot. 78 16 I 3d; futures, 79 7s. London
tin easy. Spot, 216 5s; futures, 214.
London lead 21 5s.
London spelter 26, 15s.
Iron Cleveland warrants, 64s 7d in
SAVANNAH, Sept. 4- Turpentine, 'firm.
38 38 ft c. Sales. 835 ; receipts, 6o3: ship
ments. 1100; stocks, 37,800.
Rosin Firm. Sales, 2434: recipts, 2417;
shipments 3600; stocks, 9S.800. B, 16.30-a
6.35; D, $6-40: E, F. G, $6.45; H. 6.47
0 50: I. $ti.50(&6.52H: K. $6.65; M, $7.00;
N, 17.25; WG. $7.75; WW, SS.20.
Chicago Produce Market.
CHICAGO, 1 Sept. 4. Butter Steady.
Creameries, 23 2ftc ; dairies, 21 23c
Eggm Steady : receipts, 14.133 cases ; at
mark, cases included, 17Vfcc; ordinary firsts,
16c; firsts, 20c.
Cheese Firm ; daisies, 15 16c ; twins,
1541314c; Young Americas, 15X10c;
long horns. 15 16c.
Dcluth Flax Market.
DULTJTH. Sept. 4. Close: Linseed on
track, $1.94; to arrive. $1.83; September.
SI 82; October, 1.69 bid; November. $1.67
bid; December. $1.63 bid.
Wool at St. Louis.
ST. LOUIS. Sent. 4. Wool Steady. Ter
ritory and Western mediums, '21 $j 25c ; fine
mediums, .isftyuc; use, juiic.
Dried Fruit at New Tork.
NEW YORK, Sept. 24. Evaporated ap
ples Quiet. i
Prun es Fl rm .
P each es S lead y.
Hop at New York.
NEW YORK. Sept. 4. Hops easy. State
medium to choice . and Pacific Coast, 20
WHEAT RALLY DUE
Market Turns Firm After Three
SUPPORT ON SOFT SPOTS
Shipments Retarded by Wet Weather,
AVhich Also Delays Harvesting in
Canada Car Shortage Is
Reported in Kansas.
CHICAGO. Sept. 4. Firmnew In the wh.at
arket today seemed to be based largely
i n fHn that as the market had de
clined three days in succession a rally was
due. Closlne prices were lirm.
Wheat finished at virtually the hiirh
point of the day. There ras evident sup
port on soft spots. Wet weather retarded
shipments and delayed Canadian harvest
operations. Owing to car shortage in Kan
sas farmers there, it was said, were being
advised to hold their wheat and stop thresh
ing. ' This had considerable to do with pre
venting the-market rrom aecunjng ai auj
time more than c under last night.
Corn closed g4c to IKe higher.
" Oats closed at an advance of to c
The outcome in provisions was a decline
of 2MtC to 17c to 20c.
The leading futures ranged as ioiiowb;
Open. High. Ixiw. Close.
Sept .92 f .2 .31
Dec .Kitt .2Vi .01 .82 H
May 9(iii .9ti . .8614
Sept. '.... .72 .74'i .72 .T4H
Dec 01 .5.-, .!4Wj .55
May ...... .03 .5414 .53 .o
Sept. 31 .32 .31 .31(4
Dec 32 .32 .32 Vi .32 Vi
May 34 .3i .31 .34
Sept 17.70 17.70 17.30 17.55
Oct 17.S5 17.S5 . 17.60 17.6o
Jan ll).32ii l!l.3." 19.15 1'J.li
Sent. .....'.11. 22 '4 31.22 11.15 H.l
Oct. ..... .11.31' 11.30 11.20 11.22
Dec 10.95 lll.il.i J(J.Jt
Jan 10.92 10.93 10.77 10.77
Sept. 11. 00 11.00 10.95 10.95
Oct 11.12 11.15- 11-00 11.00
Jan 10.3.-, 10.37 10.15 IO.Ij
Cash quotations were as ioiiowb:
Rye No. 2. 67 c.
Barley Feed or mixing. 43g52c; fair to
choice malting. 61itl7c.
Timothy seed S3. 50 4.50.
Clover seed X18fel7.
Pork Mess. 17.62 17.75.
I.ard In tierces, f.11.20.
Short ribs loose. lUO-97.
Total .clearances of wheat and flour were
equal to 767,000 bushels. Primary receipts
were 1,979.000 bushels, compared with 1,244.
000 bushels the corresponding day a year
ago. The world s visible supply, as shown
by Bradstreet's, decreased 506.000 bushels.
Estimated receipts for tomorrow: .Wheat,
297 cars; oats, 478 vara; hogs, 15,000 head.
Minneapolis Grain Market.
MINNEAPOLIS, Sept. 4. Close: Wheat.
September. 87c; December, 90c; May,
94rfx94c. Cash: No. 1 hard. 90c: No.
1 Northern. SS89c; No. 2 Northern,
IH9QS: No. 3 wheat. 81TaS4?i.
Corn No. 3 yellow, 757tic.
Oats White, 30&32c. '
Rye No. 2. 02C3C
Flax J1.84. i
Barl'y 34 (q 62c.
Puget Sound Grain Markets.
TACOMA, Sept. 4. Wheat, bluestem, 82
83c: club, 79&S0C. Receipts, wheat, 45 cars;
barley, 1 car; corn, 1 car; oats, 2 cars; bay,
SEATTLE Sept. 4. Wheat, bluestem, 83c;
fortyfold. Sic; club, 81c; Fife, 81c; red Rus
sian. 79c. Car receipts for the last three
days: Wheat 112. corn 5, oats , barley 11,
hay 40, flour 10, rye 2.
Grains In San Francisco.
SAN FRANCISCO. Sept. 4. Spot quota
tions: Walla Walla, $1.00811.52; red Rus
sian, $1.501.52: Turkey red, $1.55
1.57: bluestem, $1.55ft)1.574 feed barley,
$1.451.47 ; white oats, $1.001.65; bran,
$:M 57 24.50; middlings, $324(33; shorts, $27
Callboard sales: Wheat. December, $1.54
bid. Barley, December, 31.45; May, $1.48.
T'.nrntann Grain Markets.
LIVERPOOL, Sept. 4. Close: Wheat. Oc
tober, 7s 7d; December, 7s 4d. Weather,
English county markets, quiet.
French country markets, weak.
Change in Available Supplies.
NEW TORK, Sept. 4. Special cables and
telegraphic communications received by
Brandstreet's show the following changes
In available supplies es compared with pre
Wheat, U. S., east of Pockies 1.216,000
Wheat. U. S., west of Roi.:-ies 241,000
Totals. U. S. and Canada . 'otib.ocru
Afloat for and in Europe 900,000
Total American and European sup
plies 1, 566, 000
Corn. U. S. and Canada 200,000
Oats U. S. and Canada 921,000
MILLIONS ARE AT STAKE
Possibilities ot One Washington
County Pointed Ont.
CHE HA LIS, Wash., Sept. 4. (Spe
cial.) R. Green, of Bandle, was here
Sunday, en route from Portland. On
July 23 H. Johnson, a young civil engi
neer of Portland, was drowned in the
Cispus, his body Seing recovered but
a few days ago. Mr. Green accompa
nied the body to Portland.
Mr. Green is interested in develop
ment of extensive water power proj
ects in Eastern Lewis County, on the
Cispus River, and at PacKwood LaKe.
Both are regarded as quite feasible and,
when their development is finally ac
complished, will require an investment
of between $20,000,000 and ?25. 000,000.
Eastern Lewis County, according to
Mr. Green, and all who are familiar
with its resources, is a treasure house
awaiting rail transportation. Coal,
a rule, are odi
ous, but there
is an occasional
hj. INCORPORATED f)
j . CONSULTING and
PUBLIC SERVICE PROPERTIES
. FINANCED and MANAGED
SO Pine Street New York
THE UNITED STATES NATIONAL BANK
J. C. AINSW0RTH, President.
R. LEA BARNES, viee-President R. W. SCHMEER, Cashier
A. M. "WEIGHT, Asst. Cashier W. A. HOLT, Asst. Cashier
National . Bank
People new to Portland are
cordially invited to discuss
banking relations with us.
A 0 Compound Interest ' Corner Fifth
yO on Savings. and Stark.
LADD & TILTON BANK
Capital Stock . fl,000,0fi0.09
Surplus 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 varld.
W. M . Lead, Pv-eetdcet. Robert S. Hownrd, A not. CeahieS
shdward Conkicsbiuii, VteePre. J. W. Ladd, Asst. CaanSer.
W. H. Dnackler. Caablcr. Waiter M. Ceek. Aat. Cmahle
First National Bank
.. Surplus 900,000
Oldest National Bank West of the
THE LARGEST STEAMER IN THE WORLD
N. X. Plymouth, Cherbourg-, Southampton
Atlantic Transport Line
Mew Xork London Direct.
RED STAR LINE
New York Dover Antwerp Parla
i WHITE STAR LINE
New York Queenstown Liverpool
N. Y.. Plymouth, Cherbourg, Southampton
Boston Queen.town Liverpool
Boston Mediterranean wj
agriculture, mineral hot springs, gold,
silver and copper mining, a wealth of
timber and other assets are mentioned
as Its main resources.
The well-known tricolor of France date,
from the revolution of 1783.
" Ready at PORTLAND.
SEATTLE or TACOMA for
immediate shipment upon
receipt of order
Agent for Importer
Imperial Hotel, PORTLAND, OR.
Write for Prices
ESTABLISHED 1884 '
tfort). 'Macon & u?avia
Railway, Lighting, Power,
Water, Gas, Irrigation
85 SECOKD ST.. SAN FRANCISCO.
NEW YORK NEW ORLEANS
STOCKS, BONDS. GRAIN AND COTTON
NEW YORK STOCK EXCHANGE,
NEW YORK COTTON KICHAXliE.
CHICAGO BOARD OF TRADE.
THE STOCK AND BOND EXCHANGE,
Main Floor Lumbermena Bank: Bldg.
Fifth and Stark.
Phones Marshall 4120. A 4187.
AUSTRALIA AND NEW ZEALAND
(rnion Line of N. Z.)
SVDNETf VIA TAHITI AND WELLINGTOSj
Direct through steamers, sailing from San
Francisco Sept. IS. Oct. 16 and every a 8
days. The line to the Isles ot the South Seas.
For reservations see Coupon Railroad Agents
or address Hind. Rolph A- Co.. general
agents, S7 Market St., San Francisco.
Boston aieoiierraora" mwj i w .
Company'. Office Boom "B" Bailer Building, Second and Cberry bta, Seattle, o
loromw i .iwni Rallu-ar and SteamahiD Agent.
vnnir Oct. 19-INOV.
Nov. 30 Dec 2 1
Montreal Quebec Liverpool
"MEGANTIC & "LAURENTIC"
Larerst and Finest Steamer
on fit, lAwreuce Koute
Only Four Days at Sea
TO EUROPE IN COMFORT AT MOD
Twin Screw S. S. "Canada" and "Teutonic"
ONE CLASS (11J CABIN SERVICE
THIRD CLASS CLOSED ROOMS
Baggage checked through to Steamer
In Bond. Embark night before laUlng,
V-.. i-,r transfer HIl.Tllil 1
THINK OF IT
San Francisco to Los Angeles
on Those palatial Steamers
YALE or HARVARD
Account O, A. R. Encampment.
Sailings: September 8, 7 and 9. Tickets
good until September 30. Ticket! now 00
sale. Make your reservations at once.
Railroad or any steamer to San Francisco,
the Exno City. Largest, fastest and the
ONLY strictly Ilrst-claaa passenger ships on
tho Coast Average speed 2S miles per
hour; cost $2,000,000 each.
SAN FRANCISCO. PORTLAND AND LOS
ANGELES S. S. CO.
I'ranlc Bnllam, Agent.
Main 623. 128 Third Street A 4398.
Sails from Alniworth Dock. Portland, at
8 A. M., September 2, 1, 12, 17, Tl, 27;
October 2, 9, 10, 23. 30. Freight received
at Alnsworth Dock dally up to 6 P. M.
Passenper fare First-class, $10; second
class. $7. Including berth and meals. Ticket
office at Alnsworth Dock. Telephones
Main 3000. A 2.1S2. Portland Coos Bay
SS. Line, H. J. Mohr. Agent.
EXPRESS STEAMERS FOR
San Francisco and Los Angetea
8. 8. BEAR, A. M., SEPT. S.
THE SAN FRANCISCO & PORTLAND 8. S.
Co. TUki-t Office 1.12 Third Street.
Phone Main 2005, A 25.t).
San Francisco, Los Angelas
and Saa Diego Direct
S. S. Roanoke and S. S. Elder
Sail Every Wednesday Alternately at 6 P. M.
NORTH PACIFIC S. S. CO.
Ut A Third St. Phones Main Ul. A mi
Drain to Coos Bay
Auto Every Day. Wire Reservations te
0. MATT00N, Drain, Or.