THE SfORXIXG OREGON7A5. THURSDAY, JUNE 12. 1913.
19
L AT BOTTOM
American Market Down to Ex
port Basis.
BUYING FOR BRADFORD
Million Pounds of All Grades Pur
crwised for Shipment to England.
Orpjron Market Is Steady
and TTnchanged.
Wool prices ara holding very steady In
Oregron. The market now Is on & par with
opening prices paid at Pilot Rock. The gen
eral range In Eastern Oregon Is from :
to 15 H cents. These prices are 2 to 3 cents
In the grease lower than prevailed laet
year.
Oregon growers up to this time have sold
quite freely at the public tales. Outside of
about 120.000 pounds that were consigned
by Baker sheep men to Chicago no wool has
been sent east on consignment.
In other sections of the West trading Is
not very active. In the Triangle sales have
thus far been too small to establish values.
In Texas Eastern buyers are not yet ready
to operate freely. The same is true in a
measure of California. In the Territory sec
tions a much better feeling seems to prevail.
Many are of the opinion that prices on moat
grades have about reached their lowest level,
and the fact that quite a lot of wool has
been sold for export Indicates that present
quotations are dmrn to a level where they
compare closely with prices abroad.
Mail advices from Boston say of the ex
port business:
"Good -sized blocks of domestic wool have
been sold to an English broker for ship
ment to Bradford. Current rumor hae It
that the amount Is well up to half a mil
lion pounds. Including California Spring
wools, both in the grease and scoured. Ter
ritory wools and pulled wools of various
grades. The estimated scoured cost laid
down In Bradford 1s 47 cent. Similar pur
chases were made by the same party sev
eral years ago, therefore the -buyer knows
what to expect. The previous sales were
reported not to have resulted very well, as
the scouring shrinkage Is somewhat greater
In Bradford than on this side of the water.
Members of the trade are pointing to this
as proof positive that the Boston market is
now down to the importing point, particu
larly on the grades of wool Included. Cer
tainly the Boston market la down to the level
of 46 to 60 cents per scoured pound for fine
and tine medium clothing wools."
WHEAT STOCKS BEING WORKED OFF
California Still Buying mt Old Price Blue
stem In o Demand.
There were no new developments In the
wheat market. Trade was quiet, as Is to
be expected under the circumstances. The
dealers are putting In their time cleaning up
their stocks, and have no difficulty in find
ing buyers in the South for club, forty-fold
and red at about the same prices that havo
prevailed for the past two weeks. Bluestem
is weak, as there is almost no demand for
whtt little is left.
Local receipts. In cars, were reported by
the Merchants' Exchange as follows:
Wheat Barley Flour Oats Hay
Monday 26 7 10 fl IS
Tuesday 1 2 5 4 14
Wednesday SO 3 11 11 9
Voar Hgo 11 .... 2 1 4,
Season to date. IT,1 2811 2502 1567 2246
Year ago .14.300 332 3444 1566 2784
HALF HOLIDAY ON STREET TODAY
Strawberry Market Is Firmer Texas Toma
toes I Hie.
In view of the half holiday tomorrow, an
nounced by the retailers and Front-atreet
houses, buying In the produce district was
light. The principal purchasing was done
by the fruit stands.
The strawberry market was firmer, open
ing at SI to $,1.25 on the farmers market
In the morning. There was a good cleanup
of berries on the street. Receipts of Cali
fornia fruits were light. Apricots were In
fair supply, but have not begun to move
freely.
A car of Texas tomatoes Is due today.
They will sell at $2.35 a crate. A ship
ment of new white potatoes arrived from
Los Angeles and were quote at 3 cents.
Wool at Ontario.
ONTARIO, Or., June 11. (Special.) The
second wool sale was held here today and
823,000 pounds were sold at prices ranging
from 124 to 14 H cents. The wool offered
today was not so good as that offered on
Monday. General conditions In Eastern mar
kets had a depressing effect on prices here
today.
At the sale at Vale yesterday 40,000
pounds were sold. About 750,000 pounds are
here yet unsold.
Poultry Supply Is Larger.
The street was wo 11 supplied with poul
try and dressed meats yesterday. Chickens
sold well, especially broilers. The market
for hens has a weaker undertone. Veal
was firm, but pork was rather slow sale.
Egg receipts are steadily diminishing and
the market Is firmer, especially on can
dled stock.
Butter and cheese were unchanged.
Brewer'n Contract Signed.
About 15o bales of States have been pur
chased by local dealers of various grades
within the range of current quotations,
says the New York Journal of Commerce.
Stocks are so small that there is little
to choose from, it was reported from the
West that .one large Middle Western brewer
has within a day or two signed a contract
for Pacific Coast hops to run for five years
at 17 a pound for the crops 1913 to 191T,
inclusive.
Hood Ulver herr.cn Large Slxe.
HOOD RIVER. Or., June 11. Special. )
Hood River Valley cherries arc beginning to
ripen. The small pie cherries are making
their appearance on the Jocal market, and
within a week Royal Anns and the other
large table cherries will be ready for com
mercial shipments. While the fruit will not
yield in any large quantity this year, the
size will be extraordinarily large.
Bank Clearing.
Bank clearings of the Northwestern cities
i csitrus) writ' tt? loi.us
Ctosurtxassa. aiinn
Portland
Seattle . . . .
!'cuma . . .
Spokane . .
32,:iSS.03 12Sn.2fio
2.-94,712 262.0.12
8W,W1 ll.l.fi
SSI.tiS-..' 111,300
JTO RTLA.ND MARKETS.
Grain. Flour. Feed. Etc.
WHEAT Track prices: Club, s3c: blue
stem, u;8c; 40-fold, 04c; red Russian
9mi Yalle. D4c.
FLOUR patents. I4.T0 per barrel;
Straights. $4.10; exports, S3.S503.93; vall.
M-tfl; graham, $4.60; whole wheat. 14.80.
OATS No. 1 white. $32 per ton; stained
and off grada, less.
OORN Whole, 2S.30; cracked. ?29.B0 Dr
ten.
MILLSTUm-Brau. $24.30r23 per ton;
airts. s20.M4j 2T per ton; middlings. 131
per ton.
BAR LET Feed, $20.502" per ton; brew
ing, nominal; rolled. $28.50 , 29.30 per ton.
,AY Eastern Oregon timothy, cnolce,
61aiH per ton; alfalfa, 13yl4
Fruit, and Vegetables.
Local Jobbing quotations:
TROF1CAL FRUITS Oranges. Navels.
l-' Plo-"ld grapefruit. S5.5Q T.25;
2s?ound Pr bx: DtoP1".
Si's Nftw rd- J1--5 per sack
'ETA-BLEB Artichokes. 75c per dosen;
KXeI Or0B- StK-tASl.OO per dosen;
oean ti tt,c pound; cabbage. tUCe
, Per pound. cauliflower. 52 per cr.-ul
i.?..?., encumbers. $2.50 per box!
esbt'.ant. RC pound; head lettuo, 2.6l
nT lat"' peaa- 7H10c per lb.; peppers.
2L.P . .pound: dihes. 1012c per
dozen, rhuharb. 12C per pound; eptoaih.
Ir;nP,rTX: tomilOM. 2.25e5 per box;
gar.K. i 4; So per pound.
POTATOES' Burba nit. 0e5Oc per hua
flred; new, 2 3ff3c per pounds
v-v..- ruii-Appies, new, $1.73 per
WOO
box; old, nominal; strawberries, V :
per crate; cherries, Sl2c per pound; goose
berries, 2 (g 4c per pound; apricots, $1.25 p
l.BO per box ; watermelons. Be per pound ;
peaches. $1.50 per box; loganberries. $1.50
per crate; blackberries, $1.30 per crate; rasp
berries. $1.50 per crate.
SACK VEGETABLES New California. $2
per sack.
Staple Groceries.
Local fobbing quotations:
SALMON Columbia River, one-pound
talis, $2.23 per dozen; half-pounl flats
$1.40; one-pound flats. $2.45; Alaska pink,
one-pound tails, 86c ; silvers Ides, one-pound
talis, $1.25.
HONEY Choice, $3.2503.75 per case.
NUTS Walnuts, ISc per pound; Braill
nuts, 2 015c; filberts. 14015c; almonds.
ISc: peanuts. 5 3? 5 'c : cocoanuts. 90cs9$l
per dosen; chestnuts. 11c per pound; hick
cry nuts, 8 10c ; pecans, 17c ; pine, 17 H
2Qc.
BEANS Small white, 6c; large white,
c; Lima, Q.aOc; pink. 4fcc; Mexican, 5c;
bayou, 44c
SUGAR Fruit and bsrry. $5.15; Honolulu
plantation. $5.10; beet, $4.95; extra C, C4-65;
powdered. barrels. $5.40; cubes, barrels,
$5.50.
COFFEE Roasted, !n drums, 21 H 040c
per pound.
SALT Granulated. $14 per ton; half
ground 100a, $10 per ton; 50s, $10.75 per
ton; dairy. $12.50 per ton.
RICE No. 1 Japan, 55c: cheaper
grades, 4c; Southern head, 3 $ 6 c.
DRIED FRUITS Applea. 10c per pound;
apricots. 12014c; peaches. S0lic; prunes,
Italians, 8010c, silver, lbc; figs, white and
black, 64 7c ; currants, 9 He; raisins, loose
Muscatel. 34 OTHc; bleached, Thompson
U&c; unbleached. Sultanas, 8c; seeded.
"H8Hc; dates. Persian, 7 08c per pound;
fard, $l.-jr per box.
FIGS Twelve 10-ounce, 85c; 50 6-ounc.
$1.85; TO 4 -our.ee, $2.50; 30 10-ounc. $2.25;
loose. 50-pound boxes, tJOTc; Smyrna,
boxes, $1.1001.25: candled. $3 per box.
SHEEP AND HOGS EASY
FORMER: PKIOH6 NOT OBTAIN
ABLE AT STOCKrABDS.
Good' Steers Still Selling at Eight
Cents Pay's Run Is
Small.
The livestock market was without spe
cial feature yesterday. The run was small
and trade was quiet. Cattle held steady,
but hogs and sheep were easy.
The condition of the cattle market was
shown by the sale of two loads of choice
steers at $8. A small load of medium
cows brought $5.75.
The top price current In the hog market
was $8.30, as against $8.30 at the opening
of the week. Heavy hogs sold at S7 to
J7.20.
Lambs were a quarter lower, with the
sale of a car at $6.50. Mixed lots sold from
83 to 44.25.
Receipts were 58 cattle, 48S hogs and 422
sheen.
Shippers were L. L. Miller, Nampa, 2 cars
of hogs; T. J. "vTedel. Sterling, Idaho, 1 car
of hogs; T. R. Belshee, Moro. 1 car of cattle
and hogs; Chris Larsen, Roosevelt, "Wash..
1 car of hogs; W. J. Snougraos. Brownsville,
.1 car of sheep; IX. H. Parmer. McCoy, 1 car
sheep and hogs; J. D. EMnsmore, Salem, 2
cars of sheep, and Portland feeder Co., by
boat, 51 cattle.
The clay's sales were as follows:
Weight. Price
32 cows n,81 ,B.7S
202 mixed sheep no -a,25
52 mixed sheep ion 4 zZ
2 hogs 340 7;2l
08 hogs j8- 8.2o
,7 hogs SU0 7.00
i hogs 123 7.75
ZZ 5og3 T...Z 115 7.76
'5 J)0" 178 8.00
J 5E 255 7.15
18 hoes .. 175 s.15
4j mixed sheep no 4.00
u" ;o8s in s 20
A 5" 880 7.20
If !L - V 1S 8-2
28 mixed sheep ............. 84 300
20 mixed sheep so 3.50
.0 steers 11B0 s
i ?er? -v.; 3m fc-oo
? i?'r;ea c-,tl lion 6.75
1 bull 1550 e'2j
The range of prices at the yards was
at follows:
Medium steers MY.M: T.SoS 7.20
Choice cow, 6 50e 7 ou
JESS COWa 6.25 6.50
Choice calves S.OO 9.00
2 heavy calves .v .7 750
Hogs--" 4.00 6.00
yht 8.00 S.20
HeVy 7.00 7.50
bheep
Wethers 5.00 6.00
4.O0 ,5.00
1-ambs 5.5lt 0.5O
Omaha Uvestock Market.
SOUTH OMAHA, June 11. Cattle Re
ceipts, JOO0. steady; native steers, $7.60
8.60; cows and heifers, S8.258.00; Western
steers. (!.75S.0o; Texas steers, ioO7 50
JlfooVlOM helters- t;.737.50; oalvea
w?-.?,11.-670 hlThr; heavy. 13.40
f-. "s,ht- s-'"rS-55; pigs, 7.00S.0O;
bulk of sales, S.455f 8.50.
,,?.,tg7r'lecetP.ts 1200. higher: yearlings.
'S5; wethers, 5.60O.OO; Iambs, $7.50
Chicago Livestock Market.
wi?ICAGO- . June ll- Cattle Receipts,
14.000. market strong to 10c up
beeves. 7.208.85; Texas steers, 16.70 7 75
Western steers. 6.S5Si;S,00; stockers ani
rSUr' ?.2"'S.25; cows and heifers, 13.05
8.0J; calves. $7.7510.75.
Hogs Receipts. 27.000; market strong, 5c
higher-light, 008.S5; mixed, S.503S3
5 fj rough, 18.20 8.40; pigs',
..iii8.60; bulk of sales. $8.flo3 80
.,C,'P Receipts, ln.ooo- market steady to
strong; native. $5.00B.l6; Western. 5-OOU
5--Ji ;er"nss. $5 50 0.85: lambs, nativ?.
famog ghat:- IMtW Sprlng
SAN FRANCISCO PRODUCE MARKET.
Prices Quoted at the Bay City for Vegeta
bles, PVnlts. Etc.
SAN FRANCISCO. June IX. The follow
ing produce prices were current here today:
l.r,ii l7 A.?p,'.'iB- 7,5c ,10; Mexican limes,
nominal. California lemons, choice, 17 60
common. 5.:,(i; pineapples, Jl.25fe2.25
Potatoes Oregon Burbanks, 33 65c; Riv
er white, 11.0002; Early Rose, 11.25&175;
sweets. 44 5c.
Cheese New, 14 14 He: Toung Americas,
1 ic.
Er Store, 22c; fancy ranch, 23c.
.i EfmJP'TSl ,j'-3?',25; wleat and oats,
?21.5o22; alfalfa. fnru 15.
27cBU'ter Fancr creary, 2TMc: seconds.
Vegetables Cucumbers, 50c$l; green
SSv tt&gl" strlne "ns- 2e6c;
Onions New, red. 60 70c per sack; Ber
muda seea. white. fl.251.5u.
.?ec:lp:", F'our. S328 quarter,; barley,
tons c(!n ' Potatoes, 3015 sacks; hay, 2i
Metal Markets.
NEW YORK. June 11. Copper dull. Stand
ard spot and June, 14.'5H.S2c; July and
August. 14.O05jH.62; electrolytic. 10.00
15.2ac nominal, lake. 15.00fcl5.87c nominal
casting. 14. 75S 15.50c nominal.
Tin quiet. Spot. June and July 45.00
45.25c; August. 41'. 20 45.25c.
Ud dull, 4.30 4.40c; spelter dull. 5.10
a-20.
Antimony dull, Cookson's S.759.0j0c.
Iron easy. No. 1 Northern, $16.0tr 1.50;
No. 2 Northern, 110.7516.25; No. 1 South
ern and No. 1 Southern soft. 113.50 -r 16.00.
London markets closed as follows -
Copper firm. Spot, 05, 10s: futures.
00. 7s. 6d.
Tin strong. Spot 208, Gs; futures 200,
10s. Spelter, 22; 16a,
I-ead. 20 7a, d. Iron. Cleveland war
rants, ,i4e. 7d.
Cotfee and Sucar.
NEW YORK, Jane LL Coffee futures
opened easy at an advance of six to 10
points as a result of covering, a little buy
ing for reaction from the decline of yes
terday and In sympathy with a sharp ad
vance at Havre. Later cables from Europe
were easier and prices here eased off, with
the market breaking sharply in the late
trading under renewed liquidation and local
sel.ing. The close was steady. July, 0.54c;
September. 8.74c; December. 8.78c; March,
.88c. May. 0.94c.
,..Spotf,te eay- R1 " 10; Santos 4s,
i.e. Mild coffee quiet. Cordova, 14017c,
nominal.
Raw sugar .steady. Muscovado. 2.802-83c-
ETSSSSr1- 3-'03-S3c; molasses sugar.
2.5B2.0Sc; refined, steady.
Cotton Market.
NEW YORK. June 11. Cotton Spot
closed quiet. Middling uplands 125- do
gulf, 12.50; no sales. ' '
Futures closed steady, T to 11 points lower
June 11 85 July 11.03. Angus? 1 "V Sep-'
M-lll! 00Sr 11 25, November
11.23, I7ecT7abr 11.2. January 11 12 Feb
ruary 11.19, March 11.2S.
NEW ORLEANS. TJune 11 Spot cotton
quiet, unchanged: middling, 12 a, c; sales, 175
Duluth Ltnseed Market.
DULCTH. June 11. Close: Linseed,
ri:iOH: July. 11.205; l,i; September,
$1.31 bid; October, 1.30"A asked.
STOCK MARKET CALM
No Excitement in Wall-Street
Operations.
TRADING ON SMALL SCALE
Cheerful Reports From London
Cause Strong Opening, but Bear
Selling Iater Brings About
Break in Values.
NEW YORK, June 11. The excitement
which attended yesterday's violent break in
stocks was absent from todays trading,
which was comparatively calm and on a
much smaller scale. Some progress was
made toward recovery in the early session,
but the effect of this movement was nulli
nsd by a severe break shortly before the
close. Canadian Pacific was the particular
point of weakness, falling nearly 8 "points
11a nign price or the day to the low
est figure since 1911. Steel sold below 50
for the first time since 1908. Union Pacific
dropped to 137. and a number of other
new low- records were made with virtually
the entire active list selling below yester
days close.
Bear selling was perhaps the" principal
factor in the break, which was a disappoint
ment to traders who believed thac a sub
stantial rally was due after yesterday's
collapse.
This belief was strengthened by more
cheerful reports from London and the rise
In America, stocks there, followed by a
material upturn at the opening here.
A further favorable factor was the ab
sence of European liquidation which has
been dragging heavily on this market re
cently. London trading here was much
smaller, being estimated at about 105.000
shares divided between purchases and sales.
Less importance was attached to the
Minnesota rate case decision as a market
factor and there was some disposition to
emphasize the points in the decision over
looked at first, which favor the railroads.
Conditions In the money msrket came In
for considerable discussion. Rates for time
loans were stronger and it was said that
even these higher rates were nominal, prac
tically no time money being offered. Short
term note Issues, amounting to nearly $30,
000,000, were announced and it was argued
that they would Impose an additional strain
upon the money market.
Bonds were Irregular. ' Total sales, par.
value. J2.400.00O. United States bonds were
unchanged on call.
CLOSING STOCK QUOTATIONS.
Reported by J. C. Wilson & Co.. Lewis
building, Portland.
Closing
Sales. High. Low. Bid.
Amal Copper 8T.400 i4V, 2Vi 6214
Am Beet Sugar. 400 21 20 20
A.m Can Co S.2O0 24 21 21
do preferred.. 2.800 83 81 81
Am Car 4k 1 y 3.60O 3g Jot. 3S
Am Cotton Oil.. 800 35 35 35
Am Smcl & Re 6,100 60 68 5S
do preferred.. 100 7 07 97
Am Sugar 1,400 100 103 104
do preferred.. 500 117 117 110
Am Tel & Tel.. TOO 120 126 126
Am Tobacco . . . 300 206 205 203
Anaconda 1,70( 33 32 82
All Coast Line. . 1.300 115 112 112
A T & Santa Fe 3,5tK) 93 03 93
do preferred.. 400 S 87 97
Bait & Ohio ... 3,300 93 01 81
Brook R Iran.. G.30O 86 84 84
Canadian Pac. . 5,200 217jJ 210 211
0 & O 2.SOO SB 54 64
c & o w 10
C & N W 500 125 125 124
C. M 4k St Paul. 8,200 lol 9 D
Central Leather. 1,900 18 17 17
Central of N J. 300 270 275 "273
Chlno 11.UOO 33 31 32
Col Fuel & Iron. 1,400 26 25 23
do preferred uto
Col Southern 22
Consol Gas .... 2.200 127 125 125
DL&W ..... stxi
D & R G 800 14 18 12
Distilling Secur. 600 10 10 10
Erie O.OOO 22 21 21
General Elec . . 1.40O 133 130 180
Gt North Ore . . 2.2O0 2-7 21i 20
Gt North pf .... 8,000 119 116 117
Illinois Central. - 700 110 110 110
Interbofo Met .. 3,300 13 13 12
do preferred.. 1.700 47 46 4U
Inter Harvester, 40O 88 09 08
I tv l. aoutnern .. l.ooo 23 22 23
- - a ... v n .. l -i 7t. ..
Louis & Nash.. 2,000 128 120 126
Mexican Central i;
M, S P & S S M 1,100 110 115U 112
Mo. Kan A Tex. 300 18 1S 18
Mo Pacific 5,900 20 23 25
National Lead . 43
Nat Biscuit .... 1.20O 105 104 'l04
do preferred 1156
N Y Central ... 2.300 88 87 97
N Y. Ont & Wes 6.700 2G 25 25
Norfolk & West. 2,200 100 89 89
North American Q2
Northern Pao .. 13.800 104 103 103
Pacific Mall .... TOO 17 IT lt.
Pacific TAT. 900 25 2 21
do preferred 90
Pennsylvania ... 6.700 108 107 107
People's Gas . . . 600 106 105 105
Reading 6H.300 154 151 151
Republic S & I. 2,300 18 17a 17
Rock Island Co. 2.000 1 3 13 12
Southern Pao .. 7.400 91 89 80
southern Ry ... 2.40, 20 18 1914
Texas Oil 900 04 92 82
Union Pacific .. 54,000 141 137 USU
do preferred.. Too 80 80 79
United Rds S F. 300 17 16 15
U S Steel 11O.300 51 4 BO
do preferred.. 2.000 103H 102 102
Utah Copper ... 11.100 41 40 40
Wabash 200 2 2 2
Western Union.. 600 flo 59 59
Westing Elec . . 2,100 53 64 53
v Isconsln Cent. .500 41 40 40
Total sales for the day. 567.600 shares.
BONDS.
Reported by Overbeck & Cooke Company.
Board of Trade, building, Portland, Or.
, " Bid. Asked.
Atchison general 4s 92 92
Atlantic Coast Line 1st 4s 89
B & O Gold 4s post 91
B R T 4s 85 85
Chesapeake & Ohio 4s 114 85
C M ft St P gen 4s 09 99
C R I Col 4S 50 51
California Gas Bs 92
C B Q Joint. 4s 9;;. H"
Erie ceri 4s 67 69
Int Met 4s 72 72
Louisville Nashville Un 4s.. . 93
Missouri Pacific 4s G4
S Y gen !s 831 84
N & W 1st con 4s on
Northern Pacific 4s .
Oregon Short Line ref 4s , 88 "
Pacific Tel 5a 86
1'enna Con. 4s 9914 o
Reading -n 4, 9 0
St L & San Fran ref 4s or, C7
Southern Pacific ref 4s 87 hi 8SV;
Southern Pacific Col 4s o
Southern Railway 5s lbi'hi 102H
Southern Railway 4s . . . . 73 74
Un Ry Inv 4s $e
Ln Pac 1st and ref 4s 80
U S Steel 5s . 874 9714
West Shore 4s 93 84
w abash 4s 47 48
Westinghouse Electric conv 5s ... . 90
isconsin centra: 4s
Western Pacific 5s 7;
sen
Boston Mining Stocks.
BOSTON. June ll.-losing quotations-
Allouez 2ttlMohawk . 4.1
Amal Copper. . . 62 Xev Con ... . 14
Am Z L & Sm 1S .vlpissing Mines. S
Ariz Com 2tt, North Butte .... 23
B 'C J 8 M. A jN'orth Lake 1
Cal & Arlsona.. 57!OItl Dominion 42
Cal & Hecla ...400 psceola . . 75
Centennial 9laulney 44
Cop R Con Co.. 37J5hannon 754
E Butte Co M 11 tt 'superior ... 03
Pranklln f)43up A Bos Mm. ltt
Ijlroux Con ... 1 Tamarack 21
3ranby eon 521U a B R & m. . 34
jreene Can .... 5 do pfd 45tt
Isle Roy Cop. . 18;Ctah Con Tvl
Kerr Lake 3 irtah Cop Co . . 40
Lake Copper .. SH.-Vinona . 1
La Sails Cop 3!Wolverlne 40
Miami Copper . . 20tti
Money, Exchange, Etc.
NEW YORK. June IX. Money on call
steady, 23x62; ruling rate, 2: lowest,
1; cloalnc bid. 2tt ; offered at 2tt
Time loans strong. Rates nominal Sixty
days. 4 per cent; 90 days. 4 per cent;
sla months. 5ttS.
Prime mercantile paper, 5s per cent
Sterling exchange weak, with actual busi
ness in bankers' bills at $4.8250 for 60-dav
bills and at $4.8650 for demand.
Commercial bills. $4.824.
Bar stiver. 50 He
Mexican dollars. 4Sc.
Government bonds steady; railroad bonds
Irregular.
LONDON. June 11. -Bar silver dull 27
7-lOd per ounce.
Money. 8 per cent.
Rate of discount In the open market for
short bills is 4 per cent; three months'
bills. 4 per cent.
EAN FRANCISCO, June 11. Sterlln. on
London. GO days. $4.824; do sight. $4.56.
Silver bars. 59 c Mexican dollars nom
inal. Drafts, sight. 02c; drafts, telegraph, 03c
Condition of the Treasury.
WASHINGTON. June 11. The condition
of the United States Treasury at the be
ginning of business today waa:
Working balance 59,526,290
In banks and Philippine Treasury 51.344 40s
Total of general fund 186,108 412
Receipts yesterday 2.932.675
Disbursements 2.900.302
The surplus this fiscal year Is 18.834.281.
as against a deficit of 13.818.644 last year.
The figures for receipts, disbursements,
surplus and deficit exclude Panama Canal
and public debt transactions.
Grains In San Francisco.
SAN FRANCISCO. June 11. Spot quota
tions: Walla Walla, ll.651.66: red Rus
sian, 11.63 1. 05: Turkev red, (1.75
177; bluestem, $1.7501. SO; feed barley.
tl.40L42: brewing. $1.52". 1.55: white
oats, $1.600 1.62H ; bran, 127 27.50; mid
dlings, $32.30?r33; shorts, $28.50 29; July
barley. $1.34 bid. $1.3S asked.
Call Board Wheat, steadv; barley, easy;
December, $1.39; May not quoted; July,
$1.34 bid. $1.88 asked.
Puget Sound Wheat Market.
SEATTLE, June 11. Wheat Bluestem.
96c; fortyfold, 03e; club, 82c; Fife, 92c;
red Russian, 91c.
Yesterday's car receipts: wheat IS. oats
7, hsy 8, barley 2. flour 5, corn 1.
TACOMA. June 11. Wheat Bluestem.
99c; fortyfold, 94c; club, 92c: red Fife, 92c.
Car receipts, wheat 21, barley 5, oats 3,
hay 1,
Chicago Dairy Produce.
CHICAGO. June 11. Butter unchanged.
Eggs Unchanged. Receipts. 20.811 cases.
Cheese higher. Daisies, 1515c; twins,
1415c; Young Americas, 1515c; long
horns, 15 10 Sic.
WHEATTAKESAN UPTURN
LARGER INVESTATENT DEMAND
LIFTS CALIFORNIA PRICE.
Traders Figure on Possibility of Dry
Weather Scare in Spring Crop
Territory Other Grains Gain.
CHICAGO. June 11. -Important enlarge
ment of Investment demand, based to some
extent on the possibility of a dry weather
scare in the Spring crop belt, led to a de
cided upturn today in wheat. The market
closed steady at a net advance of c to
lc. Corn gained c to 11c, and
oats 14c to c. In provisions the out
come was the same as last night to 12 c
up.
Seaboard clearances of wheat and flour
equalled 621.000 bushels. Primary receipts
of wheat were 485.000 bushels; a year ago
23C.O0O bushels.
Corn finished at the highest level of the
session. Lightness of stocks here and dam
age reports from Central Illinois formed the
chief inceptive to buyers.
Most of the strength of oats was derived
from wheat and corn.
Profit-taking by longs restrained provis
ions from an all around advance with grain
and hogs. The close was unsettled.
Futures ranged as follows:
WHEAT.
. Open. High. Low. Close.
July 80 .81 .00 .81
Sept 90 .91 .90 .80
Dec 92 .93 .92 .82
' CORN.
July 58 .59 .58 .591,
gept 5914 .60 .SM .60
tc 57 .37 .5T .57
OAT8.
Joly 38 .38 .38 .38
Sept 8T .38 3T .38
Dec. 33 .38 .33 .38
MESS PORK.
July 2(1.67
20.7B
20.65
20.00
20.65
20.07
11.00
11. lO
11.02
11.80
11.46
11.12
.20.00 20.1214
LARD.
...11.00 11.02 V,
...11.10 11.12
...11.02 11.02 V-
July
Sept
Oct.
10.97
11.07
11.00
SHORT RIBS.
...11.80 ll.SO 11.75
...11.42H 11.45 11.42M:
...11.15 11.15 11.10
July
Sept
Oct.
prices were: Corn. Xo. 2.
59 i
604c: No. 2 white, 60e6Oe; No. 2 yel
low. 59 9 60c; No. 3. : -. 0c; No. S white,
00&'60ttc; No.3 yellow, 3'i& 59 tt c ; No. 4
68-6090; No. 4 yellow, oS59c.
Bye, No. 2,6061c.
Barley, 50 65c.
Timothy. $3.25 4.00.
Clover seed, nominal.
European Grain Markets
LONDON. June 11. Cargoes on passage,
dull.
English country markets, easy,
French country markets, quiet.
LIVERPOOL. Jim 11 Wheat Spot.
steady. Futures, steady. July. 7s 5ttd; Oc
tober, 7s Sd; December, 7s Sttd-
Minneapolis Grain Market.
MINNEAPOLIS, June 11. close- Wheat
July. 90 c; September. 92 c
Cash No. 1 hard, 03c; No. 1 Northern,
01ig92c: No. 2 Northern, 8900-c-No.
2 hard Montana. 91J92c; No 8
wheat. 87S8c.
Increase the
value of
your lot
Boost for
BITULITHIC
on your
street.
It helps make
values.
.RSTOtV4
INCORPORATED, -
uvnoukiinu ana .
CONSTRUCTION ENCINEERS
PUBLIC SERVICE PROPERTIES
FINANCED and MANAGED
SO Pine Street
New York
Sailings from
NEXT
SAILING
' t t MUPIK Julv
LA PROVENCE July
"LA XMHHAIHM July
0
'r . -i'1. mew) July 24 t Quadruple-screw steamer.
SPECIAL SATURDAY SAILINGS FROM NEW YORK, 3 P. M.
ONE CLASS CABIN (ID and THIRD-CLASS Passengers Only
Niagara June 21 (Hit At) June 28
W iitieeJ' 80 h t.; A I). Charlton. 336 Morrison St.; J. O. Thomas. C.
Dickson.
x. , ioiscj t. in 11 11. oif
152 3d North Bank Road.
LADD&TILTON BANK
Established 1859.
Capital Stock
Surplus and Undivided Profits.. - - mm
Commercial and Savings Accounts
Letters of eredit, drafts and travelers' checks issued, availabl
in all parts of the world.
OFFICEBS
CU 5 S9-.PTeuldent-
S. T Vr "-ooainrnam, y loe-jt-raa.
W. H. Cunckl.y. Cashier.
ESTABLISHED 184
jforix iBacoit & avls
jngineers
FINANCIAL
AND
ENGINEERING REPORTS
VALUATIONS OF RAILROADS
AND
PUBLIC UTILITIES
58 8 UTTER ST.,
NEW YORK
SAN FRA'ClSCO
NEW ORLEANS
J.C.WILSON&CO.
STOCKS. BONDS. GRAIN AND COTT03
MEMBERS
NEW YORK STOCK KXCHANGB.
NEW TOOK COTTON KXCHANGB,
CHICAGO BOARD OF TRAD 25,
nil STOCK AND BOND EXCUANaS.
BJf FRANCISCO,
PORTLAND OFFICII:
Lewis Building, 269 Oak Street,
jp hones MarsbaU 1120, A US?
TRAVELERS' GI7ID1
EXCEPTIONAL SECOND CLASS
ACCOMMODATIONS
BY BOSTON SERVICE
Th S. S. CLEVELAND, CINCIN
NATI and BM'ECHER are ships ot
unusual tonnage, providing: spacious
cabins, staterooms, and deck space.
The Second Cabin accommodations
compare favorably in comfort and
luxury with the first cabins of ves
sels of less tonnage.
From BOSTON to
LONDON PARIS HAMBCHG
Bluerher elans S4
Cincinnati July 12
Cleveland July 29
Cincinnati August 16
Hamburg-American Line
160 Powell st.. San Francisco. CaL ; O.-'W.
R. c N. Co.. Nor. Pacific. D. ft R. G. R. R, .
Burlington Route. Milwaukee At Puget Sound
R. R., Oreat Northern Railway Co.. Doreey
B. Smith, 69 Sth St., Portland, Oregon.
AUSTRALIA
TAHITI AND NEW ZEALAND.
Round Trip Rates: 1st clu- to Tahiti $1S5.
to Wellington $267.50, to Sydney $30O.
Special Pacific Ocean Tour (Including
South Sea Ieles) to Sydney via Tahiti. Raro
tonga and New Zealand and returning to
San Francisco (or Vancouver) via Auckland,
Fiji or Samoa and Honolulu, I3'J5, 1st claaa.
Stop-overs any point, good one year. Sail
)ngs from San Franclaco June 25. July 23.
August 20, etc.
Union Steamship Co. of New Zealand, Ltd.
Office: 079 Market Street. San Francisco.
RIVER EXCURSION
Beginning: Sunday, June 8, and
continuing; through Carnival
Week, the Launch Gazelle with
accommodations for 100 passen
gers will make trips to Vancouv
er, Oregon City and other points
during the day and evening,
leaving from Alaska nock. Also
for charter for special trips. For
particulars and reservations
phone MarslSall 5940, 7 A. M. to
e P. ft
EXPRESS STEAHf ICS FOR
San Francisco and Los Angeles
WITHOUT CHANGE
S. S. BEAVEK Sails 9 A. M.. Jane 16.
ts. 8. BEAU, June 21.
THE SAN FRANCISCO & PORTLAND S. S.
CO.. Ticket Office 3d and Washington wltb
O.-W. It. N. Co.)
Phone Marshall 4500. A B121.
COOS BAY LINE
STEAMSHIP "BREAKWATER"
sails from Albers Dock, No. 8, Portland, at S
A. b&. June 4, S. 14, 18, 24, 29. July 4. 9,
14, 10. 24. 29. thereafter every five lays, 8
A. M. Freight received daily until 5 P. M.
except day previous to sailing, previous day
4 P. M. Passenger fares: First-class, $10;
second-class, $7, Including berth and meals.
Ticket office at Albers Dock No. S.
PORTLAND & COOS BAY S. 8. LINE, L.
H. HEATING, Agent. Phone Main 58C3.
A 6141.
San Francisco, Los Angeles
and San Diego Direct
S. S. Roanoke and S. S. Elder.
Sail Every Wednesday Alternately at
P. J.
NORTH PACIFIC S. S. CO.
IS A Third St. Phone. Mnin .111, . A. 1314,
LOS ANGELES AND SAN DIEGO
STEAMSHIPS VALE AND HAItVAUD
Railroad or any steamer to San Francisco,
the Expo City. Largest, fastest and tht
ONLY strictly first-class passenger ships on
the Coast. Average speed 28 miles psr
hour; cost $2,000,000 each.
SAN FRANCISCO, rORTLAND t L A
--. S. CO.,
Mam 20. Frank Bollaiu. Agent. A 459a
124 Third Street.
DAHIA, RIO DE JASE1KO. SANTOS,
WONTF.VII1EO AND R08ARIO
Earge, N'ew and Fast Paiwnnr Btesmers front
New York every alieruAte Salarday.
For rates, etc., apply local ticket A gmls, or
BCSIS DANIELS. G.. Aju. l IMnba, f.V tlrt
Comp&gnie
GeneraJe TransalJantique
Direct Line to Havre-Paris (France)
New York every Thursday at 10 A. U
1 FRANCE (New) Thursday, Jane 26
S I. A 11
10 LA ""sfrT Saw. 7
17 -Twin-screw steamer.
.11 n : . ! h',111 1 on a.. . w
3th and Marl. mt., t.ents, Portiauit'
$1,000,000.00
1,000,000.00
Kobirt S. Howard. Asst. C
J. w . Laaa, Asst. Caiblar.
Walter M. Cook. Asst. CubUr.
STATEMENT
Portland Trust Company
of Oregsi
At the Close of Business June 4. 113
RESOURCES
Loans and discounts.? 694,107.93
Bonds and warrants. 70.806. OS
Stocks 15.SO0.00
Real estate, furniture
and fixtures 178,196.93
Due from reserve
banks SSI, 891. 85
Cash on band :. 52,237.14
fl.SS2.7S9.91
GAIN IK DEPOSITS
SINCE APRIL 4, 1013 183,888.25
DIRECTORS OF BOTH
THE NORTHWESTERN NATIONAL BANK
AND
PORTLAND TRUST COMPANY
H. L. Plttoels. Csslrmss
Pres't Oreeonlan Publishing
Co., Portland
J. D. Farrell
President O-W. R. tt N. Co.,
Portland
John TtvoIi y
Twohy Bros. Co.. R. R. Con
tractors, Portland
A. I). Charlton
Northern Pacific Railway Co..
Portland
L. B. Msscfes
Vlce-Pres. Silver Falls Timber
Co., Portland
AFFILIATED WITH NORTHWESTERN NATIONAL BANK
Combined Resources, S4.50O,OOe
THIRD AND OAK STREETS
Statement of Condition of
TheBankof California, National Assn
SAN FRANCISCO
Including Ite- Branches in Portland, Seattle, Tacoma
and Virginia City
At Close of Business June 4, 1913.
ASSETS
Loans and Discounts $31,452,750.66
Bank Premises (San Fran, and Branches).. 1,164,169.26
Other Real Estate 480,000.00
Cusi-omers 1 Liability Under Letters of Credit 3.214450.82
Sundry Bonds and Stocks 4,321,633.93
United States Bond's to Secure Circulation. . 5.037,500.00
Other United States Bonds 285,000.00
Redemption Fund -with U. S. Treasurer 250,000.00
Cash and Sight Exchange 11,860,873.19
$58,066,077.86
LIABILITIES
Capital Paid in Gold Coin $ 8,500,000.00
Surplus and Undivided Profits 7,977,803.82
Circulation 4.964,000.00
Letters of Credit 3,471,70S.So
Other Liabilities 162,318.49
Deposits 32,990,246.70
$5S.066,077.S6
PORTLAND BRANCH Corner Third and Stark Streets
WM. A. MAC RAE. J. T. BURTCHAELL.
Manager. Asst. Manager.
CONDENSED REPORT OF
THE UNITED STATES
NATI0NL BANK
OF PORTLAND, OREGON.
Submitted to the Comptroller of the Currency st the Close
of Business June 4. 1913.
ASSKTS.
Loans and Discounts
United States Bonds at Par
Municipal and Railway Bonds. . ..
Bank Building
Cash and Exchange. . . ,
Total
LIABILITIES!.
Capital
Surplus and Profits.
Circulation
Deposits
Total
Report ot the Condition of
Merchants National Bank
Washington and Fourth Streets, Portland, Oreg-on.
At the Close of Bualneaa Jane 4, li IS.
Loans and Discounts
United States Bonds
Premium on Bonds
Other Bonds, Stocks and Warrants....
Real Estate and Mortgages
Furniture and Fixtures
Banking; Premises
Cash and Due from Banks. . .
LIABILITIES.
Capital Stock ,
Surplus and Undivided Profits
National Bank Notes Outstanding ..
Dividends Unpaid 7'.
Deposits ,
Gain In Deposits in One Year
Gala In Deposits Since Last Call. April 4th.
First National Bank
Capital $1,500,003
Surplus 900.000
Oldest National Bank West of too
Rocky Mountains
CORNER FIRST A2ID WASHINGTON ST&
OF1 CONDITION
OF
LIABILITIES
Capital stock t 300,000.00
Surplus 100,000.00
Undivided profits ... 22.548.13
Postal saving-. funds 18.011.93
Trust accounts 18,658.13
Time certificates of
deposit 237.881.85
Savings deposits 646,799.89
1 11,332,739.91
F W. I.eadbetter
Vlce-Pres. Crown-C olunbli
Paper Co., Portland
Charles. H. Carej-
Counsel for the Rill lines,
Portland
"William D. Kenton
Counsel for the So. Pac. R. R.
Co.. Portland
A. S. M.Sol.
Capitalist. Portland
Emsry Olrastsas
Vice-Pres. Northwestern Natl
Bank. Portland
. 7, 33F, 042.10
5,000.00
. 1,58,499.54
125,000.00
4.016.510.39
114.031,062.03
. 1.000.000.00
1.14S. 283.2
751.197.50
. 11,133,571.30
.114.031,052.03
RESOURCES.
.12.255, 691. 58
400,000.00
3.000.00
832.540.01
26.904 67
31.500.00
S5, 500.00
. 1.312.735.08
84.750,871.24
8 500,000.00
113,475.66
276.900.00
430.00
3,880,065.59
84.750.S71. 24
GOVERNMENT SUPERVISION.
.S35,0R1 13
.178,T50.87