Morning Oregonian., June 13, 1913, Page 21, Image 21

THE MORNING OREGONIAN. FRIDAY, JU7E 13, 1913.
21
SPOT HOPS STRONG
With Scant Supply, Buying
Forces Prices Up.
LOT SOLD AT 161-2 CENTS
Trading: in Xcw Crop Is Checked by
Higher Prices Asked by Growers.
European Yards Have Light
ttack of Vermin.
The market for last year's hope U firm
nnd advancing. Trade in the new crop
Ik checked by the higher price asked by
growers.
A lot of 230 bales of 1912s was sold yes
terday for Immediate shipment to London at
16H cents. This price la two cents better
than the English buyer offered for the
same lot three or four days ago. There
were other bids of 16 cent for spots.
Contracts are quoted at 14 cents. Two
hundred bales of new Oregons have been
signed up by a Salem dealer at this figure.
No higher price has been bid so far this
season for the coming crop, but growers are
asking; more.
Cables received yesterday reported a light
attack of vermin on the Continent, but the
situation 1b not dangerous. The vines are
.strong and vigorous. Stocks of 1912s on
the Continent are entirely cleaned up. The
brewers over there, however, are better sup
piled than they were at this time last year.
';( ! PEACH MARKET PROSPECTS.
Indications Point to Higher Prices, Owtng
to Small Crops.
The situation In the dried peach market,
as regards the new crop, is thus reviewed by
the California Cured Fruit Exchange:
JThe probable situation on dried peaches
for 191R crop looks more favorable as far as
prices are concerned than for some time
back. The fruit generally throughout the
world has been considerably Injured by
frosts, drouths and heavy storms. Cali
fornia's crop apparently will not bo aver 30
per cent of last year's crop. Owing to the
scarcity of canning peaches, the canners will
undoubtedly buy more freely freestone
peaches, which will tend to cut down the
tonnage of dried peaches still more.
"The peach crop in Michigan has been
very badly injured by frosts; the peach crop
in Oeorgia is exceptionally light; and whll
re p lies are not dried In the East, a light
crop there should make a little' better de
mand for California dried peaches.
"On account of the prune crop being light
ami the apricot crop very light, prices are
bound to rule high In both, and this nat
urally should have some effect in strengthen
ing the prices for dried peaches,"
MAM T.U TIRERS IX NEED OF WOOL
fteossrt ."i.i !.! Are Made for Prompt
'Shipment.
The better tone of the Kastern wool mar
ket Is shown by the following from the
Boston Commercial Bulletin:
' The bud of optimism, which wag appar
ent In the attitude of the trade a week
a to. appears to have expanded a llttde
mors during the past week and rather
more business on the whole has beep, put
through In wool, although the trade is
wisely operating w ith great caution.
'Necessity, the mother of invention, ap
pears to have been likewise the parent ot
some of the purchases that manufacturers
lmve made this week and while they are
stilt ready to buy bargain lots of wool they
have also been constrained to advance their
prices considerably on some of the wools
that have been taken. a feature of the
trading that luts been done has been the
desire of manufacturers to have the wools
shipped promptly."
per crate; blackberries, $1.50 per crate; rasp
berries, $1.50 per crate.
SACK VEGETABLES New California. J2
per sack.
Staple Groceries.
Local jobbing quotations:
SALMON Cotumbla River. one-pound
tails, $2.25 per dozen; half-pounl fiats
$1.40; one-pound flats, $2.45; Alaska pink,
or.e-poucd talis. 85c ; sllversides, one-pound
tails. $1.25.
HONEY- Choice, $3.25 3.75 per case.
NUTS -Walnuts, 18c per pound; Brazil
nuts, i2H15c; filberts, 1 4 : r . almonds.
IBc: peanuts, 5 9)3 He: cocoa nuts. 30c $1
per dozen: chestnuts. 11c per pound; hick
ory nuts, 8 0 10c : pecans. 17c ; pins, 17 H
2Qc
BEANS Small white. 6Hc; large whits,
c ; 11. ma, 0.30c ; pink. 4fcc; Mexican, 5c;
bayou, 414c.
SUGAR Fruit and berry, $3.15; Honolulu
plantation, $5.10; best. .$4.95; extra C, ;4-6o;
powdered, barrels. $5.10; cubes, barrels,
$5. CO.
COFFEE Roasted, la drums, ZlOe
per pound.
SALT Granulated. $14 per ton ; half
ground 100s, $10 per ton; 60s, $10.75 per
ton; dairy. $12.30 per ton.
RICE No. 1 Japan. 5 954 c: cheaper
grades. 4c; Southern head. SaCtc
DRIED FRUITS Apples. 10c per pound,
apricots. 12014c; peaches, Ssllc, prunes.
Italians, S10c. silver, lbo: figs, whits and
black. 64 7c; currants. 9c; raisins, loose
Muscatel, j T -z c , bleached, Thompson
Llf&Cj unbleached. Sultanas, 8Hc; seeded.
T iJS'ac; dates, Persian, I :i J - . per pound;
fard, $1.65 per box.
PIGS Twelve 10-ounce, S5o; 50 6-oune.
$1.85; 70 4-ounce, $2.50; SO J 0-ounce. $2.25;
loose. 50-pound boxes, Q 7c; Smyrna,
boxes. $1.101. 25; candled. $3 per box.
Dairy and Country Produce.
Local jobbing Quotations:
POULTRY Hens, 15 15 e ; broilers. 2415
20c; turkeys. live, 18 20c , dressed, choice.
24&25c; ducks, old. 1617c; young. 2025c;
EGGS Oregon ranch, case count. 19 20c
per dozen ; candled, 21c per dozen.
CHEESE Oregon triplets, Daisies.
17c ; Young Americas, 18c.
BUTTER City creamery butter cubes, 284
per pound; prints. 29&29o per poind.
PORK Fancy, lie per pound.
VEAL- Fancy. 14H' - 15c per pound.
Provisions.
Local lobbing Quotations:
HAMS 10 to 12 nounds. "0(6 21c
14 pounds, 20Q21c ; picnics, lie;
roil, ire.
BACON Fancy. 29 30c ; standard. 24 9
5c; English, 22 23c.
LARD In tierces, choice. It : com
pound, 9 it.
uti hA.i mkat:- Iteirular wnort f'.etri.
14H16c; short clear backs, 12 to 1ft lbs.,
1516ic; short clear backs. 18 to 25 lbs..
1516Hc ; exports, 15fe ijy 16sO.
$19; mess beef, $19; plats beef, $21; rollsd
boneless beef, $80.
barreled pork Best pig pork. $27;
vlckled pork. $25.
WALL STREET BOOMS
Stocks Advance Three to Six
Points on Heavy Buying.
RECENT DECLINE OVERDONE
Reaction in Sentiment Helped by
McAdoo's Announcement Union
Pacific Is Strong on New
Dissolution Plan.
12
cottage
Hops. Wool and Hides.
HOPS 1912 crop, 12 15c per pound: 191
contructs, 14c per pound..
rELTs Dry. 32c lambs. 25CP35c.
WOOL Eastern Oregon, 10H'16Hc;
vaiiey, 1 4 1 tie per pound.
HIDES Sal tea hides. 12o per pound;
salted calf, 13lTc. sa'.ted kip. 12 14c,
green hides. 11c ; dry hides, 21 & 22c ; dry
calf No. 1. 25c; No. 2, 20c; salted bulls. Sc.
MOHAIR 11S clip, 30 33c per pound.
Linseed Oil end Turpentine.
LINSEED OIL Rew, barrels. 56c; boiled,
barrels, 58c ; raw, cases, 61c ; boiled, cases,
63o.
OIL MEAL F. o. b. Portland works: Car
lots. $33; 5 and 10-ton lots, $84; ton lots,
$35.
TERPENTINE Barrels. 52 He; cases. 55c
NEW YORK, June 12. After a long and
gloomy period of ruling prices. Wall street
experinced today the distinctly no, ei sen
sation of having a genuine but: inrltt. Ln-
lavoraule factors which welghe.: so neaviiy
over the market a few days ago appeared
to have been temporarily lost sight of and
from the time the market opened until the
day was done the forward movement went
cu uninterrupted.
Canadian Pacific bounded up points.
Union Pacific 6, Southern Pacific 4h, Lehigh
Ycifrey 6z. Reading 4, and most other active
stocks 3 and more. Trading wag active.
Various developments of the day helped
to send up the market. Underlying them
all, however, was the belief of many traders
that the recent downward movement had
been overdone. Technical conditions called
for a reaction, the force of which was in
creased by a concurrent reaction in senti
ment. Perhaps the most Influential of these fac
tors was Secretary McAdoo's announcement
that he would sanction issuance of emerg
ency currency It was not generally be
lieved that banks would find It necessary to
ava'l themselves immediately of this meas
ure of relief, but the prospect of continued
tightness in time money, with the possibili
ties of a serious squeeze In the Pall, had
been causing no little anxiety and this Indi
cation that the Secretary would do all in
his power to avert such conditions was defi
nitely helpful to the market.
While few time loans were placed, that
market continued to be mostly nominal.
Heavy purchases of mercantile 'paper were
made by large banks. One institution took
up $7,000,000 of prime mercantile paper at
6 per cent. This was accepted as an indica
tion of increased confidence on the part of
large financial interests In the outlook.
Union Pacific's plan to trade its Southern
Pacific stock for Pennsylvania's holdings of
Baltimore &. Ohio apparently openud a way
for disposing of a substantial part of Union
Pacific's S125. OOO.OOO of Southern pacific.
and was a large factor in the Btrength of the
Harnman stocks.
Bonds were irregular. Total sales, par
value, $2,900,000. United States bonds were
unchanged on call.
CLOSING STOCK QUOTATIONS.
Reported by J. C. Wilson fc Co., Lewis
building, Portland.
The figures for receipts, disbursements,
surplus and deficit exclude Panama Canal
and public debt transactions.
Coffee said Sugar.
NEW YORK. June 12. Coffee future
opened barely steady at a decline of 8 to
19 points under a renewal of yesterday's
selling movement. Realizing by recent
sellers and moderate buying for a reac
tion caused a rally of several points, but
prices broke again on larger receipts re
ported at Sao Paulo. A final rally of two
or thr points on covering gave the market
a steady tone at the close. July, 9.40c;
September, 9.61c; October, 9.63c; December,
9.66c; March, .75c; May, 0.80c.
Spot coffee easy; Rio 7s, 8 Ho; Santos
4c. 12c. Mild coffee quiet. Cordova, 14 3
17c nominal.
Sugar Raw. steady; Muscovado, 2.80
2.63c; centrifugal, 3.303.S3c; molasses, 2.55
U 2.58c; refined sugar steady; cut loaves.
5.15c; crushed. 5.05c; mold A. 4.70c; cubes,
4.60c; XXXX powdered. 4.50c : powdered.
4.45c; flue granulated. 4.85c ; diamond A,
4.35c : confectioners'. - 4.20c ; No. 1. 4. 10c.
Nava. Stores.
SAVANNAH, Ga., June 12. Turpentine
Firm. 354 to 36Hc. Sales, 1107; receipts.
13tj; shipments. 28; stacks, 20.07u.
Rosin Firm. Sales. 349; receipts, 2606:
fnipments. -iiv: stocas, 1 u. i.vi . a s, id.uo;
C, D, $4.25; E. $4.$0; F. G, H, I, $4.60: K.
$4.80; M. $5.40; N. $6.10; WG. $6.40 WW,
$6.55.
Dried Pratt at New York.
NEW YORK, June 12. Evaporated apples
Quiet.
Prunes Firm.
Peaches Quiet and steady.
Sugar Advances In East.
NEW YORK. June 12. Refined sugars
were generally advanced 10 cents per hun
dred pounds today, making standard granu
lated 4.35.
Chicago Dairy Produce.
CHICAGO. June 12. Butter unchanged.
Eggs, unchanged ; receipts, 13,397 cases.
HOT WAVE FACTOR
Wheat Prices Advance Rapidly
in Chicago Market.
GAIN OF CENT AT CLOSE
BRIDGE TO BE REPAIRED
BTJRNSIDE SPAX WILiL CLOSE TO
TRAFFIC SOO.
LIGHT STOCKYARD TRADE
DAY'S TTCN IS SMALL, TRAXSAC
TIOXS XOT IMPORTAVr .
ORIENTALS STIT.L BUYING IXOIR
lemaart for Wheat Is Lighter and Prices
A re t nr hanged ,
The wheat season is so near an end that
the ha If holiday yesterday did not interfere
with business. The demand wae quiet all
around and prices were unchanged.
Export grades of flour are beins taken by
the Orient in a small way at regular prices
LOSS) 1 receipts, in cars, were reported by
the Merchant s Exchange as follows.
Wheat. Barley Flour. Oais. Hay.
Monday
Tuesday . . . it; 2
Wednesday. . "JO Jt
Thursday
Year agb 7 ....
fon to date.17.064 2,311
Year ago . . 14391 382
10
1,502
2.451
1 .T.S7
1.56S
1 :;
14
9
4
2.24rt
2,788
IOWER PRICKS IN BERRY MAKKFT
M'lth Stores Closed Hair Day. Fruit Is Cheap.
Cherries Are Scarce.
Because of the half holiday In the whole
sal' and retail trade the strawberry market
wrs lower than It has heen any time this
season. On the farmers' market prices
ranged from 75 to Pu cents, and on the
greet the best stock sold at i0 cents to $1.1 0.
Receipts were ns largo as usual, but every
thing cleaned up.
Cherries of all kinds were scarce, and good
fruit sold easily at 12 rents. Three cars
of bananss and two of oranges were re
ceived.. Vegetables generally sold at unchanged
prices.
S leers Sell at $7.15 and $7.85
fiood Lambs Are Still Taken
at $6.50.
There was a small run of stock at the
yards vesterday. ana trading w as not Im
portant. The rsngs or values was not
.banged.
A. load of steers and a load of cows made
up the transactions in the cattle division.
The. best jtecxs brought $7.85,-
In the mutton line, two bunches of lambs
were sold at the previous day's price, and a
small lot of ewes was sold at $4.50.
Receipts were 21 3 cattle. 1 4 calves, S
hogs and 1078 sheep.
(shippers were; D. R. Starkweather, Echo,
1 car of sheep ; H. F. Neal, Condon, 1 car
of hogs; J. EL Reynolds, 3 cars of cattle
and hogs: H. L. Wiseman, Rock "'reek. 1
car of cattle and calves; W. I. DIshman,
Trout dale. 4 cars of cattle; J
Sheridan, 1 car of sheep; J. C. Dav
1 car of Hhep; J. B. Medley. Oakland. 2 cars
Ot sheep and Clyde Herkley, Drain, 2 cars
of sheep.
The day's sales were as follows:
Weight. Price.
le steers 1033 $7.15
J steers 1185 7.83
25 cow s - -. U1H
1 .cow - 1260
1 cow Hi
06 lambs 69
32 lambs 57
86 ewes 114
The range of prices at the yards
at roiiows:
Choice steers
tlood steers
Medium steers
Choice cows
Hood cows
Medium cows
Choice calves
Good heavy calves
Uuus snysg o.uu
Hogs
Light S.OOtfg 8.20
Heavy 7.00 7.00
Sheep
Wethers 5.0Og 6,0
Ewes 4.0O4 5.00
Lsunba A.53S 6.50
Closing
Sales. High. Low. Bid.
Amal Crfpper .. 47,400 65 66 65H
Am Beet Sugar. 1.700 225 20H 22
Am Can Co .... 15,300 24 22 H 22
do preferred.. 2.500 84 81 H 64
do preferred.. 1,800 3 37 39
Am Cotton Oil-. 2,700 36 83 35
Am Smei &. Ref 10.7OO 62 69 61
do preferred.. 20O 98 98 98
Am Sugar 900 106 104 106
do preferred 110
Am Tel & Tel.. 1,300 127 126 127
Am Tobacco . . . 1.300 207 206 206
Anaconda 8,200 88 31 33
All Coast Line.. COO 115 113 115
A T & Santa Fo 11,906 90 92 95
do preferred. . 600 96 96 96
Bait & Ohio ... 4.70O 93 91 92
Brook R Tran.. 10,300 86 84 86
Canadian Pac. 49,700 218 212 218
C & O 7.100 56 64 56
C & G W 11
C & N W 20O 127 126 126
C. M & St Paul. 9,800 102 100 102
Central Leather. 1,400 19 18 19
Central of N J 270
Chino 11,100 S4 82 34
Col Fuel & Iron 600 27 25 27
Col Southern 23
Consol Cas 4.500 129 125 128
D L at W 35
I & R G 15
Distilling Becur. 6OO 11 10 11
Erie 11.400 23 21 23
General Electric 500 133 l&0- 13a
Ot North Ore .. 10O 28 26 28
Gt Nortn pf . . . 5.60O 12U 118 119
Illinois Central. 600 111 130 110
Tnterboro Met 3.60O 14 13 14
do preferred. . 6.90O 51 47 50
I.ehigh Valley .. 13,700 147 143 147
Louis & Hash. . 1,200 128 127 129
Mexican Central 10O 26 26 26
M. S P & 8 S M 10,000 320 116 119
Mo, Kan & Tex 1.10O 19 38 19
Mo Pacific 3.800 28 26 28
Dartourik I National Lead 4.
Pgr I Nat Biscuit ... 700 107 106 107
is. Shedds, do preferred 316i
Much Poultry Is Carried Over.
Poultry receipts were heavy yesterday and
because of the short day a good many coops
had to be carried over. A few sales of
hens were made as low as 14 cents. Broil
ers were takn readilj. The veal market was
Strong and pork was weak at the old prices.
The egg market was firm, particularly on
candled stock. Receipts were light.
Butter and cheese were steady snd un
chsnged. Bunlt Clearing.
Bank clearings of the Northwestern cities
yesterday were as follows:
.earmsp Balances.
62.0C3.545 6195.801
1.66166 305,428
686.4X8 4. 438
757.3S2 94.377
6.1
7.00
7.O0
6.50
5.50
4.50
was
. .$7.75$S 00
. . 7.25 O 7.50
. . 7.00 7.25
. . 6.50 a 7.00
. . tJBf 6.50
. . 6.004 6.25
8.VOSJ y.oo
6.50 7.50
Omaha Livestock Market.
SOUTH OMAHA. Neb., June 12. Cattle
Receipts, 220n ; market, higher. Native
stern. 67.8m ft .S.S0; cows and heifers. 86.25(a)
fl B.26 : W estern steers, 8jV78) 8.20 ; Texas
steer. 86.2541 7.65; rant'c cowg and heifers,
6JLT549 7.50: calves. 86.00 ir 10.50.
Hogs Receipt1. 8700; market, higher.
lle.iv v. f.l.lC'f S..i&: light, 5K.)..n J.tiU; pigs,
8X5fj S.2r; bulk of sales, $8.50 U 8.53.
Sheep Receipts, 18O0; market. steady
Yearlings. S5.SO3 6.60; wethers, $5.50 & 5.85
lambs, 87.508.50.
Pertlsnd
Seattle .
Tsmma
$iw-kane
rOHTLAND MARKET?.
Grain. Flour, Feed. Kte.
HEAT Track prices: Club, 93c;
vi m Mc . 4n-ioid.
valley.
blue-
94c. rrd Uussian.
94C.
H.OCK Patents. 4. .0 per barr.;
SjtralSthtS, S4.1, exports. S3.35f3.95; va, ay.
t J via.' am. 64.60; whole wheat, S4.80.
CATS- No. 1 white. 632 per tun; stained
and off grade, less,
CORN Whole. $28.50; cracked. '29.60 pet
tor..
i ILLSTl " FF6 Bran. $24.50325 per ton;
st i -. ;t.;.i-i u I per ton . middlings, $.; :
prr ton.
BARLEY Feed. 626.50Q27 pe- ton; brew
ing, nominal, rolled. $28.59 & 29.50 per ton.
HAY K:stern Oregon timothy, cnolcs,
61b v' ltf per tos; alfalfa, 13Q14
Fruits and Vegetables.
I-ocai Jobbing: quotations:
- TROPICAL FRUITS Oranges, Narels.
64, 60 5.(6; Florida grapefruit. S5.504T7.25;
lemon.-. 6S.25 8.75 per box; pineapples, 8c
per iiound.
OXIONS New red, 61.23 per sack.
VEGETABLES Artichokes. 75c per dot a
asparagus. Oregon. 60c A 61.00 par dosen
beans. l.c per pound; cabbage. 62c
per pound . cauliflower. 62 per crate;
corn. 83 per sack; cucumbers. $2 50 per bolt;
eggplant. 25o pound : head lettuce. 82.3U
per crate: peas. 7 0 10c per lb. ; peppers.
80c per pound; radishes, 10 912c per
dosvr ; rhubarb. ! 2c per pound; spinach.
75c per box ; tomatoes. 62.25 5 per box;
garlic, 7 6c per pound.
POTATOES Uurbank. 05Oc per hun
dred; new, 2.8593c per pound
GREEN FRIT IT Apples, new. 6175 p
box ; old. nominal ; strawberries. 9 Co 61.10
per crate; cherries. 601?c per tt. J goose
berries, 24c per pound; sprlcota. $1.25
S. 50 per box : watermelons. 3c par pound
peaches. $1.50 per box, loganberries, $1.50
Chicago Livestock Market.
CHICAGO. June 32. Cattle Receipts
40O0: market, strong. Beeves, $7.25 3$ 9.0O ;
Texas steers. 67.OOiib.lu; Western steers,
00 52 B, U; stOCJters and feeders, 56.35
cows and heifers, f 3. SO ' b. U ; calves.
$7.75 10.50.
Hogs Receipts. 22,000 ; market, strong
mostly 5c higher. Light. 8S.658.92;
mixed. S..",S; !U, heavy. SS-aoM-S'
rough. 86.30 H.45: pigs, $6.75 6-8. 45; bulk
of eales. SS-75 fc6.
Sheep Receipts. 13,000; market, strong
to 10c higher. Native. 6.2a; western.
65.2549B.25: yearlings. 55. 5 6.90 ; la-mbs,
native, $5.7307.90; Western. 65.758.00;
Spring lambs. ?o.75 8.75.
eAN JTRJcTic6 PRODUCE MARKET.
Prices Quoted at the Bay City for Vegeta
bles. Fruits. Etc.
BAN FRANCISCO. June 12. The follow
Ing produce prices were current hero today:
Fruit Apples. 73C 63 .50 ; Mexican limes,
$6.507; California lemona, choice. $7.60
,-ommon. 55.. "16 : nineauples. 61-25 41 2.2 5.
Cheese Now, 1414c; Young Americas
17c.
Cggs Store. 22c ; fancy ranch, 23c.
Hay Wheat. 623 -j 2. wheat and oats.
$2i..-.0fir22: alfalfa. 813 it 15.
Butter Fancy creamery. 27 c; seconds.
87c
Vegetables Cucumbers. 50c 081 .25; green
pea.. 61.50 2; string beans, 2 4c; egg
plant. 16 u 25c.
Onions New. red. 075c per sack; Ber
muda seed, white. $1.231.50.
Potatoes New river whites. $L251.50;
Early Rose. 81CT1-50: old, river Burbanks,
50 65c : Oregon. 60 75c ; new, $1 1 .50.
Receipts Flour. 3032 quarter sacks; bar
ley. 7035 centals; potatoes, 2795 sacks; hay.
666 tons.
N Y Central . . . 2.100
"nt & Wee 3.500
Norfolk sb West 2.000
North America
Northern Pac .. 10.40O 305
Pacific Mall 800 IS
Pacific T A T... 200 23
imsylvanlA ... 5X 18
Peoples tias . . . J. 100
Reading U4.1W
Republic B S 1. fi,4X'
Rock Island. ... 2.90O
L & S W
uthorn Pac . . 22.000
Southern Ry ... 1C,S00
Texas Oil wo
Union Pacific ... 84,1 0
io preferred. . LPOO
United Kos s F 5O0
99
101
107
356
38
145
94
2tB
97
144
SO
20
53 H
104
42
98
26
30O
ios' "
18
26X
3 07
3 06
351
17
33
'89'i
19
94
138
99
28
101
305
18
1 0f
107
155
184
14
26
93
20
96
3 43
Ptn,
20
33
1'4
41
.Steel lO.s.-'
preferred.. l.SuO 104 102
Utah Copper ... 30.100 42 40
abarh
- stern Union .. itn RO bo
Westing Elec . . 2.0O0 56 54 56
Total sales tor the day, ' ' 1 " shares.
BONDS.
llepnrted by Overbeck & Cooke Co.. Board
or Trade bulluing, Portland.
Atchison general 4s
B & O Cold 4s
C M 8t P gen 4s
B Q Joint 4s
Erie ireneral 4s
Knt Met 4
Louisville & Nashville unl 4s...
Missouri Paeiliu 4s
N Y C general 3s
N H W 1st con 4s
Northern Pacific 4s
Oregon Short Line ref 4s
Oregon Railway Navigation 4s.
Pacific Tel 53
Penna con 4s
Heading general 4s ,
St. L & S F ref 4s ,
Southern Pacific ref 4s ,
Southern pacifie col 4s
Southern Railway 3s.....'
Southern Railway 4s
Union Pacific 3st and ref 4s. . .
United States Steel 5s
West Shore 4s
Westlnghouse Electric cv 5s. . .
Wisconsin Central 4s
Western Facific 5s
Cotton Market.
NEW YORK, June 12. Cotton closed
teady at a net gain of from 9 to 13 points.
Hops at New York.
NEW YORK, June 12. Hops Quiet.
Approach lo Be Rebuilt and Viaduct
Will Rise Over Two Efest
Side Streets.
Damage in Xorthwest Is Regarded
a s More l?rQspecti ve Than
Otherwise, but Buying Is
on Large Scale.
CHICAGO. June IT. Although it was gen
erally conceded that dry weather damage
Xorthwest was more prospect Ivs than other
wise, bullish sentiment regarding wheat to
day became rampant. The market closed
strong at an advance of to lc net-
Corn finished to c up and oats with a
gain of c to 1 He. The outcome in
provisions was from unchanged to 2H
5c up.
New investors bought wheat freely
throughout the day, notwithstanding that
midway of the session some of the larger
longs Indulged In profit-taking and brought
about temporarily a substantial reaction.
Temperatures ranging up to 100 degrees
In the Canadian Northwest were supple
mented by dispatches from this side of the
boundary that hot winds exhausting mois
ture had suddenlv followed recent frosts.
and that the result must bo unfavorable to
wheat. Active milling demand lent unsua
tained buoyancy to prloes in transactions
near the close.
Export clearances of wheat ana flour
equalled 301,000 bushels. Primary receipts
of wheat were 566,000 bushels; a year ago
308.000 bushels.
Remarkable buying of corn lifted active
months into the 60s.
In oats, the main feature was the lively
purchasing on the part of the country
houses.
Provisions averaged a little higher on
account of an advance in the hog mar
ket. Realizing sales by owner modferated any
tendency toward a decided bulge.
The leading futures ranged as follows:
WHEAT.
Reconstruction of the East Side ap
proach to the Burnside bridge and the
complete repair of the draw will start
some time next week. The bridge will
remain closed, after 19 years' service
to streetcars and other traffic, until
the repairs have been completed, which
way take from two to three months
time. All the material for the new
approach has been assembled.
The approach must be rebuilt from
the ground with new piles and new
lumber. A steel viaduct will be built
over East Second and East First
streets above the railroad tracks. The
steel is on hand for this viaduct. The
exact time for closing the draw will
be announced next week.
All material for repairs to the draw
will he loaded on to the draw, and
then it will be swung around on the
draw rests. It will then be jacked up
and the steel track will he rebuilt
The approach was rebuilt ten years
ago, but the draw has never been over
hauled completely. BurnBide bridge
will have been in service 19 years next
July 4 continuously, except for eight
days, when it was closed for repair
fhe draw weighs 800 tons, according to
the late W. B. Chase, who superin -tended
the erection of the bridge. It
cost $385,000, including landings and
cost of lawsuits. It is said that few
bridges in the United States have had
better record for continuous serv
ice.
Matt Welch, who looks after county
work, will have charge of the repairs
to the bridge.
Open.
July .91H
Sept 90.
July
Sept.
Dec.
July
Sept.
Dec.
July
Sept.
High.
6 .2
-91
.93 74
Low.
6 .ls
.904
.92
Close.
6 .92 h
.91
.93"
. .5fii .60 -59
. .:-. .5974 .60 &4
! .57 .58 .57 .68
OATS.
. .28 .39 .38 .19
. .38 .39 .38 .39
. .39 .40 .39 .40 !
MESS po:k.
.20.65 20.75 20.62 20.7
.20.12 20.15 20.05 20.1O
LARD.
.11.02 11.02 10.97 11.00
.11.10 11.15 11.07 1L1
.11.06 11.05 11.02 1L02H
SHORT RTBS.
.11.82 11.82 1177 11.90
.11.45 11.50 11.45 11.47
.11.12 11.16 11.12 11.12
Sept.
Oct.
Cash prices were:
Corn. No. 2, 606Oc; No. 2 white,
6061"c; No. 2 yellow, 600c; No.
.;. Booisve: no. j white, nvmrnie o.
3 yellow, 6OC0c: No. 4, 59 959c
4 white, 59a0c; No. 4 yellow.
60c.
Rye, No. 2, 0c.
Barley, 5 0 6 5c.
Timothy, J3. 25 4.00.
Cloverseed, nominal.
No.
59
Minneapolis Grain Market.
MINNEAPOLIS, June 12. Close : Wheat,
July. 01 c: September, 08 e. Cash, No. 1
hard. U3c; Pso. l j-iortnem, -
No 2 Northern. 90illc; No.
Montana. 0 91 74c; No. 3
80 c.
Flax- 1.20.
Barley Unchanged.
93c;
hard
wheat. S84
Bid. Asked.
92 i 93
89 90
5H 91
99 o:
03 m
68,
73 73
91 92
.... 0 74
84 85
fll
93 03
87 88
90 92
95 7
00 119
91 92
a 7
87 8T
87 8S
101 102
73 73
01
98 98
93 94
88 89
S
2 74
FORCE MAY BE CUT DOWN
Xew City Government May Make
Changes in "Water Department.
Radical changes which probably will
be made in the Water Department when
the commission form of government be
fomeg effective will decrease the force
materially and cut down the expense.
Tt is said to be certain that the engi
neering division of the department will
be transferred to the office of the City
Engineer and the financial division to
the office of the City Treasurer.
The change will result In the aboli
tion of the position now held by Water
Engineer Clarke, who has bfen in the
city employ for many years. His Balary
is $350 a month. It is said that Mr.
Clarke already has arranged to resign
from the department, but he refuses
either to confirm or deny the report.
The projected change would let out
some of the clerks in the collection
division. It will be necessary for the
help, but it is said that the number ot
men will not be as great as the num
ber maintained in the collection divl
slon of the Water Department.
FRUIT RATES SCHEDULED
European Grain Markets.
LONDON. June 12. Cargoes on passage.
fair inouiry.
English country markets quiet ; French
country markets quiet.
LIVERPOOL. June 12. Wheat Spot
steady, futures firm. July Is 5.d; October,
t s 4iQ; Decern oer, js 4 ? a.
Grains In San Francisco.
r c AXC1SCO. June 12. SDOt quota
tions: Walla Walla. $1.65 1.66 ; red Rus
sian, $1.63 9 1.05; Turkey reo. ;...-
1-77; hluestem, SI. 75 3.80 ; feed barley,
$137014O: brewing, nominal; white oats
si tinfi i 'jk- hra.iL X27 ci 27.50: middling
$32.50 fit 33; shorts. $28.50 6 29; July barley,
nm hid: IU7 asKea.
Callbosrd sales: Barley, weak. December.
3.87; May. 3 37 bid. $1.40 asked; June
$1.35 bid; July, $1.35 bid. $1.37 asked.
Puget Sound Wheat Market.
SEATTLE. June 12. Wheat Bluestem,
flfle : fort vf old. 08c : club. 92 C : Fife. 92c ;
red Russian, 91c. Yesterday's car receipts.
wheat 7, hay 3. flour 2, corn l.
TACOMA. June 12. -9c
; fortyfold. 94o; club.
Car receipts, wheat 11,
Wheat Bluestem,
93c; red Fife, 92 c.
hay 3.
Sutherlln Conple Wed.
SUTHERLIN, Or., June 12. (Spe
cial.) Charles G. Glen, formerly sec
retary-treasurer or the J. sr. buse cjom
nanv. aruri Miss Harriet Chrisler. daugh
ter of Mr. and. Afns. S. L. Wood, two of
the most prominent young people of
Sutherlln. were united in marriage this
evening at the family residence by the
Rev. C. "W. Baker, of Koseburg. They
left tonigh t for Portland, Seattle and
other points.
Metal Markets.
NEW YORK. June 12. Copper, nominal:
standard spot. 14.37 1?1 1 4.62 ; July and Au
gust. 14.3. rf 14.7.V eleetrolvtic, is.OO; lake,
1500 15.25; casting. 14.75.
Tin firm. Spot. 45 45.75; June, July and
August, 45.50 n 45.75.
Lead steady. 4.4094.50.
Fpe Iter weak. 5.10$ 5.20.
Antimony dull. Cookson's, S.7S3T9.00.
Iron quiet and unchanged.
London markets closed as follows;
Copper firm. Spot 65. 10s; futures, 65,
10. Tin. strong; spot. ttW; futures, 208.
Lead. 20. 5s. Spelter. 22 15.
Iron Cleveland warrants. 54s 10d.
Bay State Candidate Out.
BOSTON. June 12. Everet CL Benton,
of Belmont, formally announced hie
candidacy today for the Republican
nomination for Governor.
Stocks at Boston.
-BOSTON. Juno 12. Closing quotations;
Allouez 29 1 Mohawk 43
Amal Copper. . 65,Nevada Consol. . 14
A Z L & 8 20 'Nlplsslns; Mines. S
Art sona Com ... 2 North Butte .... 24
B&CCASM50- -North Lake 1
Cal & Arizona. . 60tr Domln ex div, 42
Tal & Hecla. ...435 j Osceola ; . 77
Centennial 10;Qulncy 50
Copper R C Co. 40 ;8hannon 7
E Butte Cop M. 9 'Superior 23
Franklin 5;Kup & Bos Mln.. 2
Oiroux Consol.. llTarnarack 22
Granby Consol.. 54.;U S S R & M- - . 35
Greene Cananea 5 do preferred... 46
I Royalle (Cop 17;Ctah Consol T
Kerr Lake 3 ICtah Copper Co. 41
Uke Popper. . . . .Winona 1
La Salle Copper 3 Wolverine 45
Miami Copper.. 20i
Money, Exchange. Etc.
NEW YORK, June 12. Money on call
easy. 22 per cent; ruling rate, 2; of'
fered at 2 oer cent.
Time loans stronr- Sixty days. 4(94;
no days. 4 5. six months, 5 6 per
cent.
Prime mercantile paper. 5 06 oer cent.
Sterling exchange strong with actual
business In bankers' bills at $4.63 for 60-day
bills and at $4.6360 for demand. Commercial
bills, $4.bZ.
Bar silver. 59c.
Mexican dollars. 48c.
Government bonds steady; railroad bonds
irregular.
LONDON. .Tun 12. Bar silver. eas
27 5-16d per ounce. Money, 393 per cent.
The rata of dlscoufM In the open market
for short bills is 4 4 7-16 per cent; for
three months bills, 4 04-7-16 per cent.
SAN" FstANClSCO. June T2. Drafts, sisrht
3; telegraph. 4 Sterling in Locdon, SO days,
4-3t; do sight. $4.86.
Condition of the Treasury.
WASHINGTON. June 12. Ths condition
of the United Ststes Treasury at the be
ginning of business today was:
Working balance $ 60.610.55S
In banks and Philippine Treasury 51.751.S66
Total of genera! fund 137.530. 90
Receipt yesterday 2.608.
Disbursements 1.432.S75
The surplus this fiscal year is tlO.10O.209.
as against a deficit of $3,3S0, 197 last year.
Railroad Officials Kxpect Unusual
Movement in Oregon.
Preparing for the great volume of
traffic expected from the heavily-laden
orchards of the Willanfette Valley,
representatives of the Southern Pacific
Railroad and the Pacific Fruit Express
held a conference Wednesday to check
the prevailing refrigeration rates to
points In the East. A schedule for the
movement of traffic was prepared and
final details will be worked out as the
actual crop begins to move.
Railroad men are looking for an un
usual volume of traffic in farm and
orchard products this season, particu
larly in the Lower Willamette coun
ties, where the acreage In hops Is al
most doubled and much increased in
onions.
The Southern Pacific In preparing a
new rate schedule on such products,
which, in some cases, will be lower
than present rates to points In Cali
fornia. These will be effective In
about 60 days.
DOGS INSURED FOR $10,000
Actress at Pantares Picks Up JPnp
pies and: Trains Them .
Two dogs whose value has been fixed
by insurance companies at $10,000, al
though they have no pedigree nor
cluster of loving cups, are attracting
many to Pantages this week, where
La Bergere. the French Venus, Is seen
with her canine proteges in one of the
most remarkable posing acts In vaude
ville.
One of the dogs is an ordinary col
lie, while the other is a well-bred Eng
lisn setter, and both were picked up
as puppies by the French beauty and
personally trained for the act. Educat
ing a dog for posing work is not the
easiest task In the world, and it has
taken years to brings the dogs to their
present point of perfection.
Realizing the value of the dogs. La
Bergere had the animals Insured re
cently, one for $4000. and the other for
$6000. and If either of the animals
should meet with a serious mishap
while on the road, she would be able
to collect their full value.
LEWIST0N
SLEEPING CAR
Via
Spokane, Portland & Seattle Railway
and Northern Pacific Railway
Leaves Portland 7 P. M. June 10 to 16
Leaves Pasco 5:10 A. M. June 11 to 17
Arr. Le-wriston 10:40 A. M. June 11-17
Reservations and berth tickets at
City Ticket Office, Fifth and Stark
Sts., Portland.
Your Banking Business
is assured careful and prompt attention at this bank. Our willingness
to render the fullest service is evidenced by thorough organization
and equipment provided to meet the requirements of every depositor.
United States National Bank
Surplus and Capital
$2,000,000
Third and Oak
Streets
An Essential of
Banking Service
is absolute satis
faction on the part
of the depositor.
Careful supervision
of the day' business by the officers of
this bank and a personal interest in every,
depositor insures satisfactory relations.
Your account is invited.
lumbermens
National Bank
Resources Millions
ssss FIFTH, A.X STARK IS"
First National Bank
Capital $1,500,000
Surplus 900,000
Oldest National Bank West of ths
Rocky Mountains
CORNER FIRST AND WASHINGTON STS.
LADD&TILTON BANK
Established 1859.
Capital Stock ,...$1,000,000.00
Surplus and Undivided Profits 1,000,000.00
Commercial and Savings Accounts
Letters of credit, drafts and travelers' cheeks issued, available
in all parts of the world.
SVHSBJS,
toward Cookinrham. Vltw-FiM J. W. Land. As
w. H. Dunckley. Cashier. Walter M. Cook. Asst. Cashier.
Robert S. Howard. Asst. CaaSlee
at. L'aatiler.
The
Canadian Bank
of Commerce
HEAD OFFICE
Toronto, Canada.
Established 1867.
general banking
transacted.
business
Interest paid on time deposits.
Letters of Credit and Travelers'
Checks Issued.
PORTLAND BRANCH,
Corner Second and Stark Sts.
F. C. MALPAS, Manager.
J.CWILSON&CO,
STOCKS. BONDS. ORAtN AND 0OTTO3
MEMBEBS
NEW TOSS STOCK EXCHANGE.
KEW TGBE COTTON EXCB1NGE,
CHICAGO BOA1D OF HUDE,
IBX STOCK ANI BOND EXCHANGE.
BAN VBANCISCO.
PORTLAND OFFICE:
Lewis Building, 269 Oak Street
Ebons Marshall 4120. A AI87
f
TRAVKI-ERS' GUIDE.
RIVER EXCURSION
Beginning Sunday, June 8, and
continuing through - Carnival
Week, the Tjaunch Gazelle with
accommodations for 100 passen
gers will make trips to Vancouv
er, Oregon City and other points
during the oar and evening,
leaving from Alaska Dock. Also
for charter for special trips. For
particulars and reservations
phone Marshall 5940, 7 A. M. to
6 P. M.
TKAVKLERS' GXJTOM.
HAMBURGAMERICAN
Lariat SaCo
in the
WORLD
Over 400 Shif
1.306.819
TONS
M A
Steamship
sails today for
Sari Francisco
Los Angeles and
San Diego
Ticket Office 124 Third Street
Main 26, Main 4596
HLHTSIEES' GUIDE.
LOS ANGELES AND SAN DIEGO
STEAMSHIPS YALE AND HARVARD
Railroad or any ateamer to San Franclaco,
the Expo City. Largest, fastest and the
ONLY atrlctly ftrat-claas paaaanffer ehlpa os
the Coast- Average speed ZS miles per
hour: cost 92.000.000 each.
SAN FRANCISCO. IORTLAKD at X. A.
S. 8. CO..
Mala US. Frank Bollam. Aa-ent- a. 39
124 Third street.
Drain-Coos Bay Auto Line
Now Daily to Marshfleld.
Wire reservations to O. Mattoon
Drain, Oregon.
COOS BAY LINE
(STEAMSHIP "BREAKWATER"
aalla from Alber Dock, No. S, Portland, at 3
A. j4. June 4. 9. 14, 1U, 24. 29. July 4. a.
14. 19, 24. 29. thereafter every five dsvya, 3
A. M. Freight received daily until 5 P. M.
except day previous to sail Ins, previous day
4 P. M . Paasensrer fares s First-class, 910 ;
second-elacs. $7, Including berth and meals.
Ticket office at Albers Dock No. 3.
PORTLAND ft COOS BAY S. 8. LIN-E, t.
II. IvEATlNd. Agent. Phone Main S863,
A 6141.
San Francisco, Los Angela
and San Diego Direct
S. S. Roanoke and S. S. Elder.
Sail Eterr Wednesday Alternately at
s F. at.
NOE.TH PA01XIC S. S. CO.
JBS A Third Si. Phones Main 1314. A 1314,
NEW YORK - PORTLAND
REGULAR FREIGHT SERVICE.
Low Rates. Schedule 'Ims
AMERICAN-HAWAIIAN S. S. CO.
- LB Railway Excbsar Bids..
Portland. Or.
Main 83-. A 12.
v
"IMPERATOR'
World's largest ship, will maks
her first trio from HAMBURG
June 11. arriving at New York
Juno IS.
SAILING FROM NEW YORK
Wednesday June 25, U A. M.
Saturday June 19, 10 A. M.
Saturday Aug. 19, 10 A. 1L
and every three weeks thereafter.
Enabling passengers to arrive in
LONDON and PARIS on sixth and
in HAMBURG on seventh day.
Books now open for season.
LONDON, PARIS, HAMBURG
Amenka June 18, 10 A. M.
Imperator. .....June 25, 11 A.M.
gPatrlcl.' June 28. 12 noon
Kalserln Aug. Vie .July 2. 9 A.M.
Ivronprlnzen Cecelia.July 5, 10A.M.
Pretoria July 12, 1 P.M.
Pres. Grant July 16. 9 A.M.
Iniperator July 19, 10 A.M.
Amerika July 23, 9 A.M.
Pres. Lincoln July 24, 12 noon
iJna cabin oniy.
Will call at Bouloane. 5 New.
USail from new pier, foot of 33d
MEDITERRANEAN
Gibraltar. NaDles nnd Genoa
C7- All steamers of this service
leave from NEW PIER. 33d si.
South Brooylyn. Take 39th. st. ferry
b. c. Hamburg ill, ouo Tons)
July 1. 3. P. M.
8. B. Moltke (12.500 Tons).
July 15. 3 P.M
S. S. Hamburg Aug. II, 10 A. K
B. S. Moltae Aug. 20. 11 Ail
Cruises to the Land of the Ii
oight Sun. June. July nC August,
write tor raiormauon
HAMBURG-AMERICAN LINE
I
H 160 Powell st., San Francisco, Cal.: m
W O.-W. R. & N. Co.. Nor. Pa- M
M eiflc, D. A R. O. R. R., Burl- M
wX In g t on Route, Milwaukee A mj
WX Puget Sound R. R., Great B
Northern Railway Co., M
Dorsey B. Smith. 69 -W
6 th st-, Portland. Jm
Oregon.
EXPRESS STEAMERS FOR
Ban franclseo and Los Angeles
WITHOUT CHANGE
S. S. BEAVKK Nails 9 A. M-. June 16.
S. 8. BEAK. Jane 21.
THE BAN FRANCISCO & PORTLAND S. 8.
CO.. Ticket Office ltd and Washington (with
O.-W. K. at V. Co.)
Phone Marshall 4600. A 6121.
SYDNEY
SHORT LINE San Francisco to
Australia, 1 9 days ria Honolnlu
and amm tk. stinr4iv . nJ
pleasant route, winter or rammer. Splendid 10.000
to 5temrrs massed oy Bntisn lJoyds 100 Al).
$110 Honolulu first-dass round trie Sydney 1300
S3 25 S RAND TOUR SOUTH SEAt JJIS
Horotalu. Samoa, AustntUa. New Zealand. Tahiti etc
J 600 1st Class Round the World: 2nd Clan UM
Vfaiti-.- 5 cotir.tntssnd world's treat cities (stopovers)
Honolulu Sailincs May 6. 20. June a, etc Sydney
rer' 28 days. May 6, June 3, etc Seed or folder.
Oceanic S. S. Co., 673 Market St., San Frindico