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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Sept. 21, 1912)
15 THE 3IORXING OREGONIAN, SATURDAY, SEPTEMBER 21, 1912. FLOUR PRICE IS CUT Patents Are Reduced 20 Cents a Barrel. NO CHANGE IN EXPORTS Domestic Grade Is Now lower Than It Has Been for Several Years. . Follow Downward Course of Wheat. A reduction of SO cents a barrel on patent flour wai announced yesterday to take effect thla morning. Quotation! on other grades are not changed. The decline in the price of patents la the result of the weaker ten dency and lower prices prevailing In the wheat market. At $4.20, the new quotation for patents, flour Is cheaper than it was any time last year, or, in fact, for several years. . The course of the local patent flour mar ket for the past four years is shown by the following list of changes, and the dates on which they occurred: September 18. 108 H-7 October 8. 1908 4.80 January 6. 1909 5 00 January 13. 109 5-25 February 12. 1808 5.45 March 3. 1909 8 65 April 15, 1909 6.03 May 15. 1909 6.25 Hentemher 10. 1909 5.10 November 17. 1909 5.70 November 23. 1909 6.00 December 11. 1909 January 4. 1910 January 25. 1910 March 17, 1910 April 21. 1910 Juna 23, 1910 July 23. 1910 October 29. 1910 February 16. 1911 March 3, 1911 April 21, 1911 September 12. 1911 April 11. 1912 April 18. 1912 August 31, 1912 September 21, 1912 6.15 6.33 6.13 S.75 5.75 3.15 .... 5.35 5.15 4.95 4.75 .... 4.95 .... 4.50 4.70 5.10 .... 4.40 4.20 The feeling in the wheat market yester day was inclined to be weak. Buyers quot- ed 79 cents as the outside price on club and were not keen to take hold, even at a cent less. Tonnage is scarce and this keeps buying operations at a minimum. More dis position to sell Is being shown by farmers. The barley and oats markets were quiet .and unchanged in price. Weekly foreign wheat shipments were as follows: This week. Last week. Last year. Argentine ..1.120.000 1.175.000 SfiSt.OOO Australia ... 200.000 56S.0O0 890 000 India 1.7S4.00O L64S.000 552.000 Local receipts, in cars, were reported by the Merchants" Exchange aa follows: Wheat Barley Flour Oats Hay Monday 114 41 9 3 18 Tuesday 145 22 10 20 8 Wednesday l' 12 " J Thursday 30 8 6 3 1 Friday 88 8 ' 5 4 Year ago 49 5 10 H 13 Season to date.3031 579 4.14 194 403 Year ago 2146 124 594 2.8 682 WASHINGTON HOP CROP 40,000 BALES Tleld la Heavier Than Was Expected For eign Markets Finn. The Washington hop crop is coming down much heavier than expected. Many of the yards In Western Washington are yield ing 75 to 100 per cent more than last year. Hopmen who have been estimating the crop of that state lately at 33.000 bales have now raised their estimates to 40,000, and It i likely that even thla figure may be exceeded. There has been no change re cently In the Oregon estimates, which run up to 115,000 bales. No rales were reported in any of the Coast markets yesterday. Buyers are hold ing back until quality can be more clearly determined. The undertone of the mar ket la firm. The English and Continental cables re ceived yesterday reported the foreign mar kets quiet, but Arm, at unchanged prices. English growers are unwilling sellers at current valuations. London hop dealers" trade circulars re ceived by mall say in part: Wild. Neame Co. A few small parcels of the new crop have reached our market, showing quality quite up to the average of first pickings, but at this early period the demand Is somewhat restricted. The sit uation In the plantations Is still uncertain and dependent to a great extent on the weather conditions of the next two or three weeks; hops have developed considerably during the last ten days, but where picking has commenced it is found the yield is short of expectations. Manger A Henley There Is no change to report In our market. Prices are very firm for the few remaining 1911a Picking has already started and will be general to wards the end of the week. W. H. & H. LeMay The market continues exceedingly strong for the few remaining 1911 hops, the exceedingly good quality of which makes them very desirable stock. The picking of the new crop will be gen eral this week. CHEESE WILL BE ADVANCED MONDAY Loral Prices Will bT Quoted Halt a Cent Higher en All cHzea. The price of Tillamook cheese will be ad vanced half a cent on all sises Monday morning. There Is a large demand from California and also good buying on' the part of the north. Local stocks are kept closely sold up. The butter market is steady, with the supply and demand about equal. Eggs continue scarce and very Arm at 3u cents for the best candled stock. The poultry market was steady, with moderate receipts. Hena sold well at 14 615 cents, but there was less demand for Springs and 14 tj cents was the top. There was some call for ducks at 12 cents. Tur keys were not wanted. More liberal receipts of both veal anil pork have caused some weakness in these lines. Top quotations yesterday were 1414 cents on veal and 11 H cents on pork. PEACHES SELL QriCKXY ON ARRIVAL Car of Yakima Elbertaa la Disposed of Early at B0 Cents. A car of Yakima Elberta peaches was received yesterday morning and was sold out la short order at 50 cents. Only a few amall shipments of Oregon peaches cam in and these were also quickly disposed of at the former Arm prices. A car of Tokay grapes was received from California In fine shape and met with a prompt demand. Lug boxes sold at (1.10 and crates at 90 cents. , Other kinds of grapes were in fair supply and steady. Apples moved slowly, buyers inquiring only for good red stock. Other fruits sold fairly well. Five cars of bananas arrived in good con dition. Bank Clearings. Bank clearings of the Northwestern cities yesterday were aa follows: Clearings. Balances. Portland 11.979.1; 127.33 Seattle l.Nil.219 1S3.373 Tacoma X'6.3C 41.&&9 Spokane S.:i3 43.SJS rORTLAI MARKETS. Grain. Flow. Feed. Eta. WHEAT Track prices: Club. 78879c; bluestem. 83c: forty-fold. ?9S0c; red Rus sian. 74?78c: valley, 7usS0c FLOVR Patents. 14.20 per barrel; stralgats. (3.WU; exporta t3.60o3.70; Vai lev, (4.40: graham. (4.40; whole wheat. (4.00. M I LL8TCFFS Bran. (23.50 per ton. shorts. (26; middlings. (32; rolled barley. MS. BARLEY Feed. (2 per ton: bra wins gjt per ton. CORN Whole. IIS.II; cracked. Xlt.lt per ton. HAY No. 1 timothy. (17: oat and retch. (11: alfalfa. (12.30 813. OATS Spot. (7.30 3 2S per ton; futures. (26 4 27 per ton. Vegetables and Fralte, FRESn FRUITS Apples, UctlLH per box; peaches. 40 60c per box; plums, 1 l4e per pound; pears. 75cv?lL2a per box; grapes, 90c (1.10. TROPICAL FRUITS Oranges. Valencia. (44.50; California grapefruit, to: lemons. (56 50 per box; pineapples. 6c per pound. MELONS Cantaloupes. (1 per crate; wa termelons. (11.25 per hundred; Cassabas, (1.25 per dozen. ONIONS Walla Walla, TSo per sack: POTATOES Jobtlng pices: Burbanka 50660c per hundred; sweat potatoes. 2 lie per pound. VEGETABLES Artlchokea 65973a per doxen; beans. 2c: cabbage, lOlHe per pound: cauliflower, (1 ft 1.25 per dozen; cel ery. K0et75o per dozen: corn. 159260 per dozen; cucumbers. 50c per box; eggplant. 5 9 So per pound; bead lettuce. 20 023c per dosen; peas. 899c per pound: peppers, 596a per pound; radishes. 15 920o per doren; tomatoes. 4050c per box: garlic 8910c per pound. SACK VEGETABLES Carrots. (1.S0 per sack: turnips. (L2S per sack; beeta. (LS0 per sack. ralry and Country Prodnea, EGGS Case count. 27ft 2Sc; candled, 28 Vi 6 29c; extras. 30c per dozen. CHEESE: Triplets, 17o per pound; twins. 17c; daisies. IT'ac; Young Americas. 18ts0 per pound. i BUTTER Oregon creamery butter, cubes. 33c per pound; prints. 34 34 Ho per Pound. PORK Fancy. llglHic per pound. VEAL Fancy. 14 toe per pound. v POULTRY Hens. 14H15c; broilers, 14 He; ducks, young, 12c; geese, 89 12c; turkeys, live, 20c; dressed, 25c. Staple Groeerlea. SALMON Columbia River. one-pound tails. (2.25 per dozen: eight-ponnd tails. 12.95; one-pound flats. (2.40: Alaska pink, one-pound tails, SL25. COFFEE Roasted. In drums. 24 940c per pound. HONEY Choice. (3.75 per case; strained honey, 10c per pound. NUTS Walnuts, KellMo per pound: Brazil nuts. 12e; filberts, 14915c; al monds. 17921c; peanuts, 596ttc; cocoanotn. 90cell per dozen: chestnuts. 12 He ter pound; hickory nuts. 6910c per pound. BEANS 8mU white, 6 40c; :arge white. 5.20c; Lima, 64e: pink. 4.15c; Mexicans, 4fcc; bayou, 4VsC SALT Granulated. (15 per ton: half ground 100s, (7.50 per ton: 60s, (8 per ton SUGAR Dry granulated. (3.95; fruit and berry. (5.95; Honolulu plantation. (5.90; beet, $575; extra C. (5.45; powdered, barrels. 16.20; cubes, bare is, (6.35. RICE: No. 1 Japan. 6c; cheaper gnuSea, 395c; Southern head, ls7Vo. DRIED FRUITS Apples, 10c per pount', apriocts. 12914c; peaches, 8911c; prunes. Italians, 8910c; silver, 18c; figs, white and black. 69 7c; currants. 9Vc; raisins, loose Muscatel. 697"c; bleached. Thompson, 1144c; unbleached Sultanas. 8He: seeded.? 98c; dates. Persian. nttc par poune; hard. (1.80 per box. - Provisions. HAMS All sizes, 18919c; picnics, Uhc. skinned. 1814 019c: boiled. 27a BACON Fancy, 27 928c; choice, 19923c. DRY SALT MEATS Backs, dry salt, LI 914c; backs, smoked. 14tt915c: bellies, dry salt, 1444c; smoked, 16c LARD Tierce basis, choice, 15c; com pound, 9ftc; leaf, three-pound pails. (8.75 per case. MISCELLANEOUS Pigs" feet, kilts. (1.8 J. sliced beef, lnsldes, (23 per case; dried beef, Insldes, 24c per pound; sausage, ce?valat. 20925c; holatelner, 13c; Italian ham. 30c; liver sausage, quarters,-15; Vienna sausage, quarters, (5. Hope. Wool and Hides. HOPS 1912 crop. 14 19c according to quality. MOHAIR Choice. (2c per pound. PELTS Dry. 13c; full wool butcher Belts. (125 91.75; searings. 26950c WOOL Eastern Oregon, 14918a fer pound according to shrinkage; Valley, 21V Krc per pound. HIDES Salted hides, 1212c per pound; salf.d calf. 18919c; salted kip, 11IK. green hides, lie dry calf. No. L 25c: No. 2. 20c; dry hides. 20 9 22c; salted stags. 7 9 8c; gre.n stags, 6 9 7c CASCARA Per pound. 4 05c; carlo ts. 6 95c Linseed Oil and Turpentine. LINSEED OIL Raw, barrels, 75c: boiled, barrels. 17c; raw cases. 60c; boiled, cases, 82c. TURPENTINE Cases. 60c; barrels, 57 lie per kauuIi. STEADY TRADE NOW IN PROSPECT. Business in Excess of All but Best of Previous Years. NEW YORK. Sept. 20. Bradstreeta to morrow will say: All in all. business, despite this or that Irregularity, Is certainly in excess of all but the best of previous years, and the fact that there is no disposition to rush things indicates healthy conservatism that tends to make the absence of speculation con spicuous. This situation augurs well for a steady trade ratner tnan zitiui outoursts of activity. Marked activity Is still In evidence throughout the West, Southwest and North west, the last named section being prob ably more favorably circumstanced in a relative sense than any other part of the country. . In the dry goods line duplicate orders from Jobbers going to mill agents are large in tbe aggregate, but small in the individ ual case. Industrial activity continues and labor is scarce. Business failures in the United States for the week ending September Is were 279, against 234 last week, 236 in the like week of 1911. 190 in 1910, 171 in 1909 and 267 in 1908. Business failures in Canada for the week number 17. as compared with 28 last week and 28 in the corresponding week of 1911. Wheat (Including flour) exporta from the United States and Canada for the week ending September 19 aggregate 3.081,477 bushels against 4,161.613 last week and 3, 803,771 this week last year. Bank Clearings. NEW YORK. Sept. 20. Bradstreet's clearlnas renort for the week ending bank Sep- tember 19. shows an aggregate of S3, 352.000. as against (3.0 10,4 ly.ooo last and (2.901,856,000 in the corresponding last year. week week P. C. Inc. 7.7 13.0 5.6 12.1 2.7 7.3 24.3 10.9 14.7 4.6 22.3 1.7 13.6 20.4 17.9 7.5 6.2 6.5 15.1 5.8 14.3 4.9 14.2 3.0 3.4 13.1 8 2 -6 31.1 17.9 15.2 82.7 5.1 25.4 43.2 26.5 80.1 6.0 2.2 9.3 28.4 45.1 13.4 3.5 s:i.a 27.6 New York Chicago Boston Philadelphia St. Louis Kansas City Pittsburg San Francisco ....... Baltimore Cincinnati ........... Minneapolis ......... New Orleans ........ Cleveland ........... Detroit Los Angeles Omaha Milwaukee Louisville Atlanta Portland Seattle St. Paul Buffalo - Denver Indianapolis Providence Richmond Washington, D C... Memphis St. Joseph Salt Lake City Fort Worth Albany Columbus Savannah Toledo Nashville ... Hartford Spokane. Wash. Tacoma Oakland. Cal Pan Diego. Cal Sacramento. Cal Helena Stockton. Cal.- Boise. Idaho -,. Ogden, Utah .(1.827 385.000 3u. 896.000 101, 153, 79. 54. 57, 59, 41. 215.000 717,000 112,000 012.000 ,075.000 268,000 212.000 ,600.000 968.000 090.000 640.000 653,000 S67.0O0 704.000 810.000 .847,000 029.000 367,000 421.000 980.000 534. 0O0 018.000 20.000 443,000 167.000 351.000 639,000 26, " m 22. 23. 23. . - 16. 14. 12, 11. 12, 13. 10. 11. 10. 147.000 020.000 278,000 222.000 505.000 021.000 416.000 Mto.ooo 073.000 614.O00 854.000 060.000 879.000 2S.000 044.000 .000 S63.000 037,000 Decrease. Coffee and Sugar. NEW YORK. Sept. 20. Coffee futures closed steadv, net unchanged to five points higher Sales. 44.230 bags. September. 13 83c; October. 13.77c; November, lj.76c: December. 13.75c: January, 13.73c; Febru ary 13 71c: 'March, 13.72c; April. 18.74c; May. 13.73CJ June. 13.73c; July and August, I3Spot coffe. quiet. Rio. 7s. 14Sc: Santos, 4s. 164c Mild coffee, quiet. Cordova, 16 ftaa- sugar, easy. Muscovado, 89 test. ISOc- centrifuge!, 96 test. 4.30c; molasses sugar, 89 test. 3.35c. Refined, steady. African Sheepskins Sold. LONDON. Sept. 20. A sale of Cape of Good Hope and Natal sheepskins was held today. There were 399.700 skins offered, of which 108.270 were sold. The supply was in good condition and the demand was brisk, especially for lambs. Long-wooled and coarse-wooled varieties advanced H pence, while whlte-wooled and shorn skins were unchanged. Chicago Produce Market. CHICAGO. Sept 20. Butter. steady: creameries. 24 28c: dairies. 22S24Sc Eggs Firm; receipts. 4953 cases; at mark, cases Included. IS 19c: ordinary firsts. 20c; "cheeseSteady; Daisies. 15tJ16e: Twins. IStilo'ac; Young Americas, 15916c; Long Horns. lStClSc- . Dried Fruit at New York. NEW YORK, Sept. 20. Evaporated ap ples. Inactive. rrunes In a waiting condition.- Peaches, dull and easy TOP PRICE OF YEAR Steel and Amalgamated Sell at Best Figures Since1 1911. ALL STOCKS MAKE GAINS Wall Street Market Shows More Activity, Strength and Breadth .-Than Xor Months Past. Bonds Are Also Firm. NEW YORK. Sept. 20.: Greater activity, breadth and strength attended today's op eration on the stock exchange than any session in several months. The business of the first two hours was on a scale of the old-time "million share" days, but the movement lost some of Its force in the afternoon on heavy profit-taking and exten sive short covering. Taklna the day's best prices as a basis. the average level waa almost the highest of the year. In fact two speculative ia vorttes United States Steel and Amalgam ated Copper recorded their best quotations since 191L steel resumea its tormer leaaer shlp in point of activity, being heavily bought in round lota of 2000, 8000 and 4000 shares. Reading rivalled Steel, with a rise of three points. Amalgamated was the next most active issue, so-called Standard Oil Drokers Doing the nrinclDal Durchasers. Concurrent actlv- ity in Anaconda, which is controlled by Amalgamated, served as a reminder that the quarterly meetings of these companies are not far off. - Other copper shares were strong and later in the day the movement took in the Independent steel stocks ana almost two score issues of varied character. Aside from Reading and Lehigh Valley, the railroad group did not participate to any great extent in the day's . movements, although Harriman and Hill stocks were up 1 to 1ft points, with lesser gains In Rock Island, St. Paul and New York Cen tral. London sold on our rise, according to reports, some 15.000 shares of steel. Am algamated CoDDer and Union Pacific Bonds were firm but the market was less broad than in stocks. Total sales, par value. were (2,245.000. United States Government bonds were unchanged on call. CLOSING STOCK QUOTATIONS. Closing Sales. High. Low. Bid. Amal Copper .. 36,800 89 Vi 88 88 Am Agricult .. 1.20O 59 58. 5 Am Beet Sugar 8.600 76 75 ToTs American Can.. 4.400 45 44 44 do preferred.. 3,200 126 124 125 Am Car & Fdy. 700 61 00 60 Am Cotton OH. 300 57 57 57 Am Ice Securl.. 200 24 23 23 Am Linseed ... 1.100 15 13 lo Am Locomotive 100 44 1 44 44 Am Smel & Ref w4.700 87 85 86 do preferred.. 100 108 108 108 Am 8ugar Ref.. 300 127 127 127 Am Tel & Tel.. 600 144 144 144 Am Tobacco ... 900 275 272 273 Anaconda M Co 1.700 47 46 47 Atchison 5,300 109 108 .108 do preferred.. 200 102 101 101 Ati Coast Line.. 100 141 141 142 Bait 4 Ohio .. 2.900 108 107 luS Bethlehem Steel 11.700 43 41 43 Brook R Tran.. 5.600 90 90 90 Canadian Pac .. 3.100 277 276 276 Central Leather 17,000 32 31 82 Ches ft Ohio ... 5.200 82 80 .81 Chi Gt West .. 500 17 17 17 C, M ft St Paul 4,700 108 107 108 Chicago 4 N W 800 140 140 14U Col Fuel ft Iron 4.100 36 36 36 Consol Gas 1.100 146 146 145 Corn Products.. 100 15 15-4 lo Del ft Hudson.. 100 169 167 19 D ft R Grande do preferred.. 100 38 38 37 Distillers' Secur 800 34 34 34 Erie 12,400 37 86 37 do 1st pf 800 55 54 34 do 24 pf 500 44 44 44 Gen Electric .. 1.000 182 181 182 Gt North pf 6.600 141 140 141 Gt North Ore .'. 1,600 46 46 4iiW. Illinois Central. 200 130 130 128 Interbor Met .. .4.000 20 20 20 rt Treferrd . 3.S00 01 60 60 Inter Harvester 2.S0O 123. 124 12.it Inter Marine pf io jv? Int Paper Jo Ini Pump 400 27 27 27 K C Southern.. 400 27 27 27 Laclede Gas 105 Lehigh Valley.. 14.400 170 169 -, 170 Louis ft Nash.. 1.100 13.12 162 M S P ft S S M 300 130 149 149 Mo, Kan ft Tex 500 29 29 29 Mo Pacific 4.4O0 42 42 42 Nat Biscuit ... 400 139 138 1XS National Lead.. 1.400 - 60 60 60 N Ry Mex 2 pf ' 29 N Y Central ... 900 115 114 114 N Y Ont ft Wes 200 36 36 36 Norfolk ft West 6"0 117 116 116 North American 900 85 S3 83 Northern Pab .. 8.200 129 12S 129 Pacific Mall ... 200 30; 30 30 Pennsylvania ... 2,700 124 124 124 People's Gas ... 300 117 11 1 117 P. C C ft St L. 109 Pittsburg Coal.. 5.300 .26 25 23 Pressed S Car.. 700 37- 37 37 Pull Pal Car ... 300 169 168 168 Reading 22.200 172 169 171 Kepub I S .. 4O0 29 28 29 do preferred.. 1.800 91 90 90 Rock Islend Co. 15.300 2S'4 27 28 do preferred.. 8.400 54 53 58 St L & S F 2 pf 200 SB 36 36 Seaboard Airline 1.500 23 22 23 do preferred.. 4,200 51 50 51 Sloss Sheffield .. 1.80O 59 57 59 Southern Pac .. 5.70O 111 110 111 Southern Ry .. 1.400 31 31 31 do preferred.. 1.60O 86 83 86 Tenn Copper ... 2.40O 44 43 44 Texas ft Pac .. 1.300 24 24 24 Union Pacific .. 32,700 172 170 172 do preferred.. 100 89 S9 89 V S Realty .... V0 83 82 82 US Rubber.... 4.600 54 58 53 U S Steel 12.800 75 '74 75 do preferred.. 900 113 113 113 Utah Copper .. 1.900 63 64 65 Va-Caro Chem.. 1,200 46 45 46 Wabash 300 4 4 4 do preferred.. 100 14 14 14 Western Md .. 500 56 55 56 Western mlon.; 300 81 81 81 Westing Elee .. 2.000 85 85 8.1 Wheel &LE - - - 6 Total sales for the day. 699,400 shares. BONDS. Reported by Overebeek .& Cooke Co.. of Port'and- - Bid. Asked. Amer Tel ft Tel conv 4s 112 113 American Tobacco 4s 9i American Tobacco 6s....... l-l Atchison general 4s ini,, Atchison conv 4s IOi J"8 Atchison adj ,4s stamped ,? Atchison conv 6s 104 ltlo Atlantic coast uns con. .ti At Coast Line "L ft N coll" 4s. 93 94 Baltimore ft Ohio Ss 90 91 Baltimore ft Ohio 4s 95 96 Brooklyn Rapid Transit 4s.... 90 91 Chesapeake ft Ohio 4s 99 99 C B ft Q gen mtg 4s M 95 C B ft Q lolnt 4s 95 96 C B ft Q Denver 4s 94 94 Chicago ft East Ills 4s :. 94 05 Chicago R 1 ft P ref 4s i7 S Chicago R I ft P Col trost 4s... 68 68 Colorado ft soutnern io... "2 Denver ft Rio Grande 4s "i." 51 Delaware ft Hudson conv 4s... 9. 98 Erie first cons P L 4s 87 88 Int Met 4s 81 82 Japanese 4s . " Japanese first 4s 92 93 Japanese second 4 s. ........ . 91 92 LOUlSVllie ST ftMUvm, wu .. --- Mo Kan ft Tex 4s 85 85 Missouri Pacific 4s.. ! 2 New York Central 3s 83 88 New York Central L S 3s SO New York City 4s of 1957 .06 106 Norfolk ft Western 4s 96 . 96 Norfolk ft Western conv 4s. ...117 lis Northern Pacific P L 4s 98 98 Oregon Short Line 4S 1 9. Oregon Ry ft Nav 4s 92 . 93 Pcnna Railway 4 of 1948 102 102 Reading general 4;..' 96 96 Republic of Cuba 5s 102 103 Southern Railway 48...; 78 8 St L ft S F ref 4s . 8 S Union pacific first 4s 99 99 Union Pacific conv 4S 'ili I'nlon Pacific ref 4a 93 96 Unl??d "ate. Steel S F 5s. 101 102 rnlted States 2s registered 101 10J t inted States 2s coupon 101 101 United States 3. registered 102 102 United States 3s coupon 102 102 United States 4s registered 113 114 United States 4s coupon 113 114 Wabash first 4s 69 69 Western Union 4s. .... 9 Westlnghouse conv 5s. 94 95 Western Pacific 5s. 81 8- Wlsconsln Centra. 4s 91 9.. West Shore 4s 96 99 Money. Exchange, Etc. . . M , ..flTC Can- tft Rl.rllnv Ml s.xpi r a v . ... v w , - .- -- -- -- London. 60 days, (4.82; do. sight, (4.85. ruver o. - Mexican dollars, nominal. Drafts, sight 3c; telegraph. 6c 21 3-ll.a per ounce, muiicj, . -r v " Pc ..civ, rate of discount for short bills. 3f3 per ...... Jt . mnnthi' bills. 2 ner cent. NEW YORK. Sept. 20. Money on call firmer. 4 6 4 per cent: ruling rate. 4 ...... , . inainv K.H A 14. nr npnt: nrfered - - - - -- - -- - - . at 4 per cent. Time toans easier. Sixty days, 3 65 per cent: 90 days, 5 per cent: six months, 3 per sent. Close: Prime mercantile paper. 5 to 6 per cent. Sterling exchange steady with actual bus iness in bankers- bills at (4.82.25 for 60 day bills and at (4.85.50 for demand. Commercial bills. (4.81. Bar silver, 63 c Mexican dollars. 48c. Government bonds steady. Railroad bonds firm. ' Stocks at Boston. " BOSTON, Sept. 20. Closing quotations: Allouea 45Mohawk 67 Amalg Copper.. 88, Nevada Con . 22 A Z L ft Sm... 31 INipissing Mines. 6 Arlsona Com .. 4!North Butte..... 84 B ft C C ft S M. 7:North Lake 4 Cal ft Arizona.. 81 lOId Dominion... 60 Cal ft Hecla 548 Osceola Centennial' 19 ,Quincy 87 Cop Ran Con Co 51 Shannon 15 E Butte Cop M. 14jSuperior ......... 4o Franklin 9 iSud ft Bos Min.. 1 Giroux Con .... 5Tamarack ...... 40 Granby Con ... 57U S S R 4 M. . 46 Greene Cananea. i do preferred... 50 1 Royalle (Cop) 33 Utah Con 11 Kerr Lake 2 Utah Copper Co. 65 Lake Copper 35! Winona 4 La Salle Copper 5 Wolverine SO Miami Copper.. .- 28 Condition of the Treasury- ' TT.enrvr.Tnv snt ?n At the begin ning of business 'today the condition of the United States Treasury was: ,. ' Working balance In Treasury ..( 84.365.096 In banks and Philippines 33,33,3o4 Tni.l nf nml fund 146.900.344 Recelnts yesterday 2,630.144 Disbursements ?-4lM2A!2 rflrit tn Hate this fiscal year. $11,348,- 807. aa against a, deficit of (21.564.770 at this time last year. These figures exclude Panama Canal and public debt transaction - HOGS AGAIN DECLINE TOP PRICE PAID AT THE XORTH PORTLAND YARDS IS $8.65. Receipts Continue i to Be Heavy Cattle and Sheep Are Quiet and Firm. Heavy receipt of hogs continue to be the feature of the local market, and a steady weakening of prices Is the natural result Nine cars of hogs were unloaded yesterday, four of them coming from California, two from Idaho and the remainder from Oregon points. The supply of cattle and sheep was limited. These lines were firm. The best price obtainable on hoge was (8.69. at which figure three loads were dis posed of. The bulk of the sales were at prices ranging from (8.25 to (8.50. Most of the hogs offered averaged under 200 pounds In weight Dealings in the cattle market were light. Steers sold from (6 to (6.SO and cows from (5.25 to (6.25. No sheep or lambs were disposed of. In the shipment of fat steers which Bird Rose made to Portland last week, says the Harrisburg Bulletin, he topped the market. Eight head of the steers weighed an aver go of 1424 and brought (7.26 per cwt. The fn. that thpRA steerM were raised and fat- enea entirely on grass and that they brought the highest price ever paid oy any r-uri-land buyer, ought to give stockmen a greater stimulus to grow more stock of this kind. Receipts yesterday were 48 cattle, 18 calves, 876 hogs and 16 sheep. Shippers were E. Tlaybum, Hansen, laanu. 1 car of hogs; C. C. Brown. Klmberly. Idaho, l ar nt hoim: Milne Brothers. The Dalles, 1 car of hogs; John C. Lynch. Corning and Orland, CaL, 2 cars of hogs: Charles Covier, Orland, Cal.. 2 cars of hogs; M. J. Sevier, Medford, 1 car of cattle and hogs; B. F. Norwood. Harrisburg. 1 car of cattle, sheep and hogs, and J. Spurry, lone, 1 car of hogs. The day 8 sales were as iouowh: Weight: Price. 5 cows 982 (5.23 10 hogs 13 J-20 10 hogs 1T 8.0O 91 hogs ' 18- 1 hog 350 7.50 108 hogs la 8 112 hogs 1T3 8.50 114 hogs 180 8.50 III hogs Ji4 f-50 21 hogs s-v 84 hoes 180 8.6o 80 hogs ITS 8.6u TT hnva - 216 8.DO 1 cow '., 830 6.00 a t.w 950 6.50 1 heifer 1090 5.50 i JlVt . 330 5.50 1 calves 340 7.00 I bull ...... 1330 4.00 1 onV .1 930 5.50 2 cow, llfo 600 13 steers J? J.80 4 cows 2 cows . 6 cows 1 cow . . 2 steers 1 steer 1005 6.00 925 6.23 1230 - 6 00 920 6.50 900 6.00 1330 5.00 1 bull 2 cows 930 5. 5 The range of prices at the yards was as follows: .vi -t.-. 1 6.85 17.23 Good steers ..! $.25 6.65 Uedlum steers : "Sg Hi Choice cows 6 009 6 50 llood cows i-lii , l Medium cows Choice calves l9 Good heavy calves ' ': Bulls (On t.it Stags .e Hogs t I... 8.50(ul 8.75 Heavy I-outfl o.uo sneep yearlings , -5u9 Wethers - 4.00 9 4.63 Cwm 8.00 (B 8.S3 Lambs 5.00 6.00 Omaha Livestock Market. . . . it . c.nt "n r.rtu n.i int. i Tun market slow, steady to lower. Native steers (0.257.35; cows and heifers, (3.50 tAr-B S.t OSfi All- Tpvdm steers (4.506.65: range cows and- heifers, S3 5i6.50: canners. (3.00(34.25; Blockers and feeders. (4.25S.OO; calves, (5.00(89.00; Dulls, stags, Hogs Receipts 2600. market 10 to 15c hlcher. Heavy. (8.20ip8.40; mixed, (3.30 (68.40- light, tS.3..SMr,; pigs, (6.007.50; bulk of sales. (8.80 & 8.40. Sheep Receipts 7S0O. market steady to . it UTHfiSTS- v.lhrf (4.004-75; ewes, (3.504.4O;' lambs. 6.60 t& 7.40. Chicago Livestock Market. CHICAGO. Sept. 20. Cattle Receipts. Texas steers, (4.65 8.25.- Western steers. lO.WU'a W...O , Blumi-iii .ttutjo. ,t.ou(f 7.35: cows and heifers, (2.908.00; calves, (S.OO'H'll.OV. Hogs Receipts 9000: market strong to 10c higher; light. (S.20 8.87; mixed, (S.05 8.87: heavy, (7.908.70; rough (7.90 8.10; pigs, Eo.UU(03.uu; uuia oi sales, ts.zu ?-.70- . .no. v.. foneep XVtrteiJia w-'wv , ian. net oi.ca.ujr IU strong; native, $3.504.65; Western, $3.65 4.65; yearlings, $4.70&5.75: lambs, native. 4.odlQ ; vv eniKi u. fv,uviy i.ov. Metal Market. vr.w YORK. SeDt. 20. Couner dull. standard spot to November, $17.25 17.75; electrolytic. $17 -17c; lake, 17$iJ7c; cashing. 1717c. Tin unaeineu. i"Jt, fi.i y iqiov.x t y , September, $49.90 50.25 ; October. $49.75 50.00. nn Lead nrm, i.iuiga..u. topelter firm, $7.toy7.SO. Antimony quiet. Cooksons, $8.75. irnn firm. unchanKcd. rnnner arrivals, 855 tons; exporta this month. 15,553 tons. London copper, firm. SnnL 78 IS Wai luiuren, zip aa va. i-.o:ai exchange sales tin, 25 tons. London tin. firm; spot, iza os; iuiures, t.a. London leaa, tss ivs. . London spelrer. 27 5s. ( Iron. Cleveland warrants, 67s 3d In Lon don. Wool Prices Decidedly Firm. BOSTON", Sept. 20. The Commercial Bui letin will say tomorrow: While no extensive lines of wool have been sold in toe Boston market this week a. fair amount oi ousmess nas Deen tran sacted. sales including almost everything In rrade and checks. Prices remain decidedly firm and expected buying of a heavier na ture in trie near iuiure, it. is inougnt. again will realize the basic price of wool. From am the world's markets where wool is now available for sale comes news this week of further advances, ana tne London auctions. which open the first of next week, are awaited with great i merest. - New Vork Cotton Market. NEW YORK, SepL 20. Cotton futures closed steady, 4 to 10 points higher. Septem ber. 11.31c. octooer, j.i.c; jovemoer, 11.49c; December. 11.61c; January, JL63c; irhruarv. 11. 70c; March, 11.78c: May, 11.87c; July, 11.89c. Spot closed quiet. Middling uplands, lL85c; do. gull, iz.ioc no sales. ' Doluth Tlax Market. DULUTH. Sept. 20. Closing Linseed on rack. $1.S1; to arrive, $1.SS; September. $1 7S1A asked; October. $1.66 asked; No vember. $1.63 asked: December. $1.55 bid, January. $1.56 asked. Wool at St. Loots. ST. LOUIS. Sept. 20. Wool, steady. Ter ritory and Western mediums. 206 -4c, fine, mediums. lSi.2Uc; flae, 13617c SESSION ENDS VEAK Wheat Lower on Prospect of Big Increase in Visible. . NORTHWEST .WEATHER BAD Another Cent Gain in tbe Corn Mar ket, Owing to an Official Fore cast of Freezing Temperature. East Buys Coarse Cereal. CHICAGO. Sept. 20. Official forecast of a freeze tonight in the Northwest made com prices today take an upward leap. It was an almost constant ascent in the corn market. Despite much profit-taking, quota tions at no time showed more than a mod erate reaction. Considerable covering by shorts was done around the high points of the session. Cash grades kept pace with futures, Eastern demand running briskly all day. Experts declared the Government figures on the probable yield In Kansas and Nebraska were excessive by 20 to 25 per cent. Signs of a big Increase In the visible supply tended to weaken wheat near the end of the day. By that time shorts had largely covered, and many longs had taken profits. Earlier In the session prices had been firm, as a result of rainy, cold weather In the Northwest and because of th bulge In corn. Oats closed at an advance of c. Provisions finished, up 2e?5loc: The leading .futures ranged as follows: WHEAT. Open. High. Low. Close. Sept ( .81 ( .92 ( .91 ( .91 Dec 91, .92 .91 .91 May .96 -.96 .96 .98 ' CORN.' 70 .72 . .70 .72 53 .54 .33 .54 52 .53 .52 .63 OATS. 33 .33 .33 .83 32 .32 .32 .32 34 .35 .34 .35 MESS PORK. . . . 16.95 16.85 16.87 16.95 ' 16.92 18.33 1S.35 18.27 18.35 . LARD. 11.0214 11.05 11.02 11.05 11.02 11.05 11.00 11.05 10.77 10.82 10.75 10.77 10.52 10.52 10.52 10.55 Sept. Dec. May Sept. Dec. May Sept. Oct. Jan. Sept. Oct. De c. Jan. SHORT RIBS. Sept Oct 10.65 10.70 10.72 10.62 10.70 Jan 9.S5. D.W 0.S2fe Cash quotations were aa follows: Flour Active; staady. Rye No. 2, 70c. Barley Feed or mixing. 4052c; fair to choice malting, 58 71c. Timothy Beed $;e.503.75. Clover seed $13 17.50. Pork Mess, $1717.25. Lard In tierces, $lU07t4. Short ribs Loose, $10.3010.80. Grain statistics: Total clearances of wheat and flour .(Gal veston missing) were equal to 584,000 bush els. Exports for the week, as shown by Bradstreet's, were equal to 3,b01,O00 bush els. Primary receipts were 2,320,000 bush els, compared with 1,132,000 bushels the corresponding day a year ago. Estimated re ceipts for tomorrow: Wheat, 184 cars; corn, 854 cars; oats, 248 cars; hogs, 7000 head. Minneapolis Wheat Market. MINNEAPOLIS. SeDt 20. Wheat Sep tember. b:AGblc; December, 89c; May, 94 v94 9c. Caen No. 1 hard, 91 c; No. 1 Northern, 88i &90c; No. 2 Northern, 85 6&8ci No 3 wheat, 63fr&5 Vc. Oats White No. 3, 3031e. Corn Yellow, No. 3, 7070c Rye No. 2, 60(&.62ic Flax $l-78c. . Barley 40 67c. Puget Sound Grain Markets. SEATTLE, Sept. 20. Bluestem, 82c; forty fold, 79c; club, 79c; fife. 79c; red Russian, 77c Yesterday's car receipts Wheat, 60; oats, 7; barley, 10; hay, 24; flour, 4; corn, 4. TACOMA, Sept. 20.-Wheat Bluestem, 8282V4c; club. 7980c. Receipts Wheat. 33 cars; barley, one car; corn, on car; oats, six cars; hay, one car. Grains tn San Francisco. PAN FRANCISCO. Sept. 20. Spot quota tions: Walla Walla, $1.47)1.50; red Rus sian. $1.471.50; Turkey red, $1.55 1.57 bluestem, $1.55' 1.57 I teed barley, $1.47 1.50; white oats, $1.60 1.62 ; bran. $23.5024: middlings, $3233; shorts, $27 & 27.50. Tacoma Wheat Market. TACOMA. Sept. 20. Wheat Bluestem, 82 $2Ac. club, 79 H SS0c Receipts: W heat, 33 cars; barley, one car; corn, one car; oats. 6 cars; hay, one car. European Grain Markets. LIVERPOOL, Sept. 20. Close: Wheat October, 7s Sd: December, 7s 5Xd; March. 7s 41,d. Weather, flne. SAX FBANCISCO PRODUCE MAHKXT Prices Quoted at tne Bar City fur Vtg tables. Fruits, Etc SAN FRANCISCO, Sept. 20. The follow ing produce prices were current here .ouay. p-ruit Apples, choice, 85c; common. 40c; Mexican limes, J6ffl-50; California lem ons, choice, ft;; common, $2; plneappiea $14? 2.50. Cheese Young 4 tierica, 1518c Butter Fancy creamery, 33c. Eggs Store', 84c; fancy ranch, 40c. Vegetables Cucumbers, 2350c; garlic, 2 4c; green peas, 36c; string beans, 11, 3c; tomatoes, 2575v; eggplant, 407Sc; onions, " 5366oc Hay Wheat, $21.50 23; wheat and oats, I19S20; alfalfa. 1113.5. Potatoes Salinas Burbanks, $1.3501.40; sweets. 11.75 01.90. Receipts Flour, 5o54 quarter sacks; wheat 1815 centals; barley, 2515 centals; oats 1230 centals; potatoes, 2250 sacks, middlings, 100 sacks; hay, 39 tons; wool. 223 bales. Receipts Flour, 1810 quarter sacks; wheat, 1S60 centals; barley. 141,780 centals; Oats S115 centals; potatoes, 95a0 sacks; hay, 'S90 tons. Naval Stores. SAVANNAH. Sept. 20. Turpentine firm, . . . i - 1 1 a V. yrm I . - nt , EAT h n r- IttC. OttitSH, " " ' rels; shipments, 712 barrels; stocks. S7.732 barrels. Rosin firm. Sales, 1700 pounds; receipts, 2090 pounds; shipments, 1800 pounds; stocks, 11LO0O pounds. Quote: B, $6.30; D, $6.35; .',,: F. G, .47Vi: H, I, 6.50; K. 16.52: M. 6.57tf; N. $7.35; WG. $7.85; WW, $8.25. ; Buckley, Washing ton, has just award ed a contract for 5000 yards of Bitu lithic pavement with more to follow Call at 700 Journal bids., for Reasons Why. J.CWILSON&CO. STOCKS, BOKDS, UHA1S A.i COTTO. MEMBERS SEW YORK STOCK EXCHANGE. NEW YORK COTTOW EXCHANGE. CHICAGO BOARD OF TKADiS. THE sTOCK AXO BONO EXCUA.0. SAN FRANCISCO. PORTLAND OmCE: Main Floor Lumbermens Bask Bldj. Fifth -and Stark. ' Phones Marshall 4120. A 4187. lumbermens National Bank Our Savings Department ' ' Offers positive safety for your funds, Avith maximum income. AVe pay 4 per cent compound interest. Capital, $1,000,000 THE UNITED STATES NATIONAL BANK Resources Over Thirteen Millions Our constant aim is to combine thorough-going efficiency and every " possible courtesy and consideration with a frankly advisory rela tionship when desired. Conference or correspondence welcomed. OFFICERS J. C AINSWORTH, President. R. LEA BARNES, Vice-President. R. W. SCHMEER, Cashier. A. M. WRIGHT. Assistant Cashier. W. A. HOLT, Assistant Cashier. No. 75 Third Street LADD &TILTON BANK Established 1859. Capital Stock $1,000,000.00 Surplus and Undivided Profits 800,000.00 Commercial and Saving3 Accounts Lettors of credit, drafts and travelers' checks issued, avail able in all parts of the world. OFFICERS. W. M. Ladd, President. Robert S. Howard. Asst. Cashier. Edward Cooking-ham. Vice-Pres. J. W. Ladd, Asst. Cashier. W. H. Dunckley, Cashier. Walter M. Cook, Asst. Cashier.' First National Bank s 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 16 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. THE LARGEST STEAMER IN THE WOrtLD New 45,324 Ton OLYMPIC AMERICAN LINE N. Y., Plymouth, CherbonriT, Southampton Atlantic Transport Line New York London Direct. RED STAR LINE Mew York Dover Antwerp Paris WHITE STAR LINE New York Queenstown Liverpool N. Y., Plymouth, Cherbourg, Southampton Boston Queenstown Liverpool Rmtnn Mediterranean Italy Company's Office Boom "B" Bailey Bnildi The enduring quality of Barber Asphalt a'ndl its adapted ness under all conditions of traffic has been universally established. IK Corner Fifth and Stark Portland, Oregon Sails ho a NEW YORZ SEPT. 28 Oct, 19 -Nov. 9 Nov. 30 Dec 21 WHITE STAR-DOMINION Montreal Quebec Liverpool "MEGANTIC" & "LAURENIIC" Largest and Finest Steamers on St. Lawrenca Koute Only Four Days at Sea TO EUROPE IN COMFORT AT MOD ERATE RATES. Twin Screw S. S. "Canada" and Teutonic" ONE CLASS (11 CABIN SEKV1CB THIRD CLASS CLOSED ROOMS Baggage checked through to titeamsr In Bond. Embark night before sailing. No hotel or. transfer expeuse. ins:. Second and Cherry Sta.. Rmi. bteamsnip Agents. TRAVELERS' GUIDE. EXPRESS STEAMERS FOB San Francisco and Los Angeles WITHOUT CHANGE 8. S. BEAR sails 9 A. M. September 14. THE 8AK JJ'RANCISCO PORTLAND S. B. Co. Ticket Office 132 Third Street. .. Pbone Main' 2b05. A Si6. San Francisco, L03 Angelei and San Diego Direct S. S. Roanoke and S. S. Elder gall Every Wednesday Alternately at P. U. NORTH PACIFIC S. S. CO. UZ A Third St. Phones Alain UXi, a 1SU COOS BAY LINE STEAMER BREAKWATER Sails from Alnswortb Dock, Portland, at 8 A. M., September 2, 3. IX 17, 22, 37: October 2, 8. 16. 23. 30. Freight racelvsd at Ain'swortn Dock daily up to P. M. Passenger fare First-class. $10; aeoou. elass, 7. including bertb and meals. Ticks! office at Alnswortb Dock. Telephones Main 361)0. A 2332. Portland At Coos bay SS. Line, H. J. Mohr, AaenL - AUSTRALIA AND NEW ZEALAND (Union Line of N. Z.) SYDNEY VIA TAHITI AND WELLINGTON Direct through steamers, eailtnr from San Francisco Sept. IS, Oct. 1J and every, 28 days. Tbe line to the Ictles of the South Heas. For reservations see Coupon Railroad Agents or addrfw Hind. Kolph & Co., genera, azents. 679 Market U. San Francisco. Thert is a irood prospect that teachers in the ettate-nldf'd. secondary schools of Eng land and Wales may see the commencement of a superannuation system this yea1