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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (June 21, 1913)
TliJb MOKM.NU OKJtiO.NlA. &A J. UKJJA V, JLT.ii HALF OF GUP SOLD Wool Has Been Moving Freely in Oregon and Idaho. PRICES HOLDING STEADY (iidHCrs ;ctiprally Satisfied in View of I.ovt- Prices Prevailing in Other States Ijocal Mills Are r'actor in Valley. Over one-hfilf of the Oregon wool clip has been sold to date. Growers in the east ern part of the state have been generally free Fellers, und t'ne market has held steady at about the- same prices as prevailed at the opening. Very little wool will be carried over when the regular public salea are com pleted, according to the present outlook. The sheepmen are setting less than some of them anticipated before the season opened, but when compared with the prices prevailing in other parts of the country, they seem to have fared well. There Is a difference of opinion among dealers as to the future course of the mar ket. Some merchants and manunf&cturera who heretofore were among- the heaviest op erators, have been feolng elowr so far, be lieving that the market has not yet struck bottom. Tn the "Willamette- Valley wools have been selling at a higher level than similar -wools have brought in some of the Middle States. The prices prevailing hero are as good or better than those current in Michigan and Ohio, where there is only a quarter or a half-cent freight rate to the eastern sea board markets. Local mills have been the main factor this year in establishing the Valley wool market. Idaho wools have been selling actively In the past two weeks. Fully half of the clfp of. that state is now out of growers' hands. Prices range from 12 to 14 cents, for lino and from 14 to 164 cents for medium. Eastern dealers tn the "West, according to advices just received from Boston, have raised their buying limits, so that the new clipa have been more active In the growing sections. Although leading factors estimate that prices prevailing continue- above a parity with the Eaatcrn market, they ara willing to operate at the higher levels to prevent competitors from gaining an ad vantage. The highest prices of the season so far have, therefore, been paid. Another mall report from Boston says: "According to one manufacturer who was In the market this week, 'the wool dealers who have bought heavily ot the new clip aro going to lose money upon these deals. This manufacturer is talking 40-cent wool, but it is questionable whether he sincerely expects this situation. Undoubtedly, there will .be some purchases upon which dealers "111 make small profits at best. This is nothing unusual, however, and any pos sible loss ot this kind will be taken care of hy other sales, in which the profit will be atove the average. The manufacturers who buy their wool direct have been in keen competition with some of the . wool dealers, l ilt the final effect of this will probably be nothing more than a tendency to delay pur- i-itasin the clip, or perhaps, more correctly wpcaklng. to prevent pushing this purchase." I.UI-X, IN JAPANK9B WHEAT BUYTXG i rain-Bag Market Firmer. Owing to Better California Prospects. Trade In the local wheat market was on a ama.ll scale and jrlces were not changed A little export flour business is (passing, but there Is a lull In the buying of early wheat ' for Japanese account. Crop reports from the JCorthwest are good, the only exception being a few small Bea- tions on the main line of the Northern Pa- eino and on the Milwaukee. A yield, equa to last year's la now looked for. .. The California wheat crop Is looking bet ter, and this is responsible for a firmer feel ing In the grain-bag market. Weekly foreign wheat shipments were as follows: This Wk. Last tVk. Last Tr. Argentina , . . .l,734,0oi 1.2M,0i0 2,&;iS,U00 Australia Wtiu.OOO StlO.OUO 056,000 India l.J35.tKP0 2.178,000 2.5o4,ooo Local receipts, in care, were reported by tne Merchants' Exchange as follows: Wheat Barley Flour Oats Hay Monday ... Tuesday . . Wednesday Thursday . Friday Tear . ago. . S'aon to dat Year ago.. 43 It) 8 20 L 111 15 f. 11 17 3 r, 17 1 2 !00 2.1)58 2.57U 7 3 5 :,7s 1,585 l.SSO .14.371) ;is 4 so BERRXES SHOW EFFECT OF KArx -Cher- Trices, Therefore. Have Wide Rang' ries in Oversunply. Strawberry receipts were lighter yester day, and the quality showed the effect of the recent rains. Prices, therefore, had a wide range, the fruit selling from 40 cents to $1 a crate according to condition. A considerable quantity of over ripe berries were condemned by the market inspector. Cherries were in over supply and the market was weak. Cantaloupes sold at the previous day's fceU;ftsw;but a lower market Is expected next weak. The first full car of California deciduous fruits is due Tues day. A car of Texas tomatoes waa received and put on sale at $1.50 a crate. A car ot mixed vegetables and a car of new Gar net Chiles also arrived. The potatoes were quoted at 2?i cents a pound. Poultry Market Still Weak. The poultry market was weak with the supply large and the demand poor. Hens sold at 12'ya cents and Springs at SO cents. Dressed . meats were unchanged. Eggs were firm with email offerings of candled stock. There was a good demand for cheese and the local supply was light. Butter was unchanged. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as folows: ., . Clearings. Balances. Portland $l,7i'n.sos 15" 755 Seattle .- 1,914,340 2l:'798 Tacoma 364, 64S filV'7 Hpokane 560.407 67'.233 PORTLAND MARKET QUOTATIONS. Gruin, Flour, Feed. Etc. WHEAT Track prices: Club. 9Sc: blue stem. 9S'$i; 40-foIU, 04c; red Russian 2c Valley, 94c. r'LOUi: Patents. $4.70 per barrel' ftraishts, $4.10; exports, $3.833.96; valley' JJ.Tu; graham, $4.0; whole wheat, $4.80. ' OATS No. 1 white, $32 per ton; stained and off grade, less. CORN Whole. $28.50; cracked. $29.30 per ten. . MILLSTUFFS Bran, $24.506525 per ton shorts. $2ti.5027 per ton; middlings, $31 per ton. BARLEY Feed. S26.5027 per ton; brew, ins. nominal; rolled, ? 28.50 S 29.5I per ton. HAY Eastern Oregon timothy, choice $lb4tly per ton: alfalfa, $133U4. Fruits and Vegetables. Local Jobbing quotations: itiopiCAL FRUITS Oranges, Navels, lemons. $s.25&.73 per box per round. pineapples, sc ONIONS New red, $1.25 per sack. VEGETABLES Artichokes. T5o perdozen asparagus. Oregon. 50c3$1.0 per dozen ;eiis. 10 per pound; cabbage. 1 tj fa 2c r u. eauimower, s.uo per crate; corn. $3 per sack; cucumbers, $l.SO per box: ekgpiant. 2oC pound; head lettuce, $2.60 , ... h, d?j'c per pouna; peppers. oc per pound: rariiHho lAn-iy. ,iAn . rhubarb. Jitr2o per pound; spinach. 75c per box; tomatoes 9.oi per oox; game. 7 5c per pound. . POTATOES New- California. 2 Sic per pound l?RE:?r FRUIT Apples, new. $1.50 per ox, Id, nominal; strawbecrie, $t ptr crate; cherries, 530o per lb.; g-oose- berries. V3c per pound; prtct8, f.23 1.170 per box; cantnloupen, $3.50(5 4 per crate; peaches, $1.50 per box; watermelons, ic per pound; blackberries, $1.'J3; losanberrles, $1.50 per crate; plums, $1.50 per box. SACK VEGETABLES New California, $2 per sack. Dairy and Country Produce. Local Jobbing Quotations: POULTRY Hens. 12V.C-. Springs, turkeys, live. ISc: dressed, choice. 20c; 24 2ur: ducks, old, lSVJc; young, 13c. buOa Oregon ranch. case count. 20c per dozen: candled. 23411240 per dozen. CHEESE Oregon triplets. 164c: Daisies. 17c; Young Americas, ISc. BUTTER City creamery butter cubes. 28c per pound; prints, 2929V.o per pound. PORK Fancy, 11c per pound. VEAL Fancy, 14i13c per pound. Staple Groceries. Local Jobbing quotations: .SALMON Columbia River. one-pound talis. $2.25 per dozen: half-pound flats. $1.40; one-pound flats. $2.45: Alaska, pink, one-pound tails, S5c; sllversides. one-pcund talis. 1.2S. HONEY Choice. 3.253.T5 per case. NUTS Walnuts. ISc per pound: Brazil nuts, 12V,15c; filberts, 1515c; almonds, ISc; peanuts, 535c; cocoanuts, tHci&$l per dozen; chestnuts, 11c per pound; hlck- orynuts. sGulc; pecans. 17c; pine. 17V4-20C. beams small wnite, c: large white. 6c: Lima. .30c; pink. 4Vc; Mexican, Sc; bayou. 41c. fllUAR Kruit and berry, io.lt): Honolulu plantation, $5.10: beet, $4.95; extra C, $4.65; powdered, barrels, $5.40; cubes, barrels, $5.S0. COFFEE Roasted, in drums. 21 14 40c per pound. hALT Granulated. Ill ner ton: half- ground 100s, $10 per ton; 003, $10.75 per ton; dairy, $12.50 per ton. RICE No. 1 Japan. 5i&5l4c: cheaper grades, 4Vtc; Southern head, 66e. DRIED FRUITS Annies. lOc ner pound; apricots, 1214c; peaches, stlllc; prunes. Italians. S10c; silver, ISc: figs, white and black, 614 Tc; currants, 0c; raisins, loose Muscatel. eii$7tic; bleached, Thompson. ii c: unbleached. Suuanas. 8ttc: seeded. 7HW 8Vtc: dates, Persian, 7ta8c per pound; larn, ti.no per box. -ruib Twelve 10-ounee. 85c: So 6-ounce. 11.85; 70 4-ounce, $2.00; 30 10-ounce, $2.25; loose. GO-pound boxes. GU7c: Smyrna. boxes, $1.1091.25: candied. $3 per box. Provisions. Local Jobbing quotations: HAMS 10 to 32 nounds. 20S21e: 12 to 14 pounds, 2021c: picnics, 14c; cottage roll, 17c. BACON Fancy. 2930c:- standard. 24 28c; English. 22 23c LARD In tierces, choice, 14Ac; com pound, 8c. DRY SALT MEATS Regular short clears, 1 4 ?cp 16c ; short clear backs, 12 to 18 lbs., l.'x&ievtc: short clear backs, 18 to 25 lbs., 153 16c; exports. 15V4 iiac BARRELED- BEEF Extra mesa beef. $19; meis beef, $19; plate beef, $21; rolled boneless beef, $30. BARRELED PORK Best pig pork, $27; pickled pork, $2S. Itops, Wool and Sides. HOPS 1912 crop, 12 16c per pound; 1913 contracts, 1415c per pound. PELTS Dry, 12c; lambs. 2535c. WOOL Eastern Oregon, 1016V4e: Valley. 18 019c per pound. GRAIN BAGS. Sc Portland. HIDES Salted hides, 12c per pound; saltod calf, 1617Hc; salted kip, 12&14c; green hides, lie; dry hides, 21g)22e: drj calf No. l, 85c; No. 2, 20c: salted bulls. 8a MOHAIR 1913 clip, 30-3330 per pound. Unseed OU and Turpentine. LINSEED OIL Raw. barrels, 56c: boiled, barrels, BSc; raw, cases, 61c; boiled, cases. OIL MEAL F. o. b. Portland works: Car lots, $35; 5 and 10-ton lots. $34; ton lots. $JO. ILKFENTINE Barrels, B2!4c; cases, 55c. FORMER PRICE HOLDS SM.ILU It UN OF CATTLK AXO HOGS AT STOCICYAKDS. Best Steers Offered Taken at $8.30. Sheep Are in Fair Supply. OoocI' I.ambs Irln $6.50. Trade- at- .Cue -stockyards was featureless yesterday. The .run was the lightest for many days- Operations were confined prin cipally to the handling of small lots, and tne prices paid showed no change in gen eral market conditions. ine uest ngure obtainable on the steer offerings was $8.30, and this was paid for only a few head. Other sales were from $8 down to $a50. Cows brought from $4 to $7.25, bulls from $5 to $. calves sold at $8 and $9 and heifers at $7.25. In the sheep market the few transactions were at the prices that prevailed on the preceding day. No hog sales were renorted. Receipts were 35 cattle, 2 calves, 80 hogs and 923 sheep. Shippers were R. N. Stanfleld. Hunting- "- ' - -' " " "iidkm. v usier tirotners, .Aurora, ur 1 car mixed cattle and sheep in. wann, 'anby. Or.. 1 car shann: J. n Bensmore, West Scio. Or.. 1 ear cattle. rH-. and hogs; A. Adams, Deer Island, Or., 1 car cattle. The day's sales were as follows: Weight. Price. cows 875 $;" j steers ...................... 052 1 bull , 12yd 1 cow 1000 1 cow 1010 8.50 5.50 7.00 e.oo 1 steer 050 7 1! steers , . . . . 1 bull ;i bulls 3 bulls 1 bull 1 cow .............. 1 calf 1 bull 1 bull k 1 calf 1 calf 10 steers 1 bull 3 bull 6 heifers 1 cow 32 cows : cows F9 mixed sheep .... 14 mixed sheep .... R steers 21 steers 23 lambs . . . 10 lambs 67 lambs Jim 1 300 1 190 1356 720 1020 300 M270 830 160 ISO 953 1500 1410 742 080 ...... S90 S43 1 OO 125 1217 ...... .1491 ...... 71 ..-, 67 8.00 6.O0 5.00 5.73 5.00 0.75 9.00 0.00 R.00 9.00 8.00 7.25 0.00 5.O0 7.2.1 6.50 5.50 4.00 4.00 3.73 8.30 7.75 6.40 5.00 0.50 The range of prices at the yards was as follows: Choice steers $7.75 f If.8o Good steers l.ZO'rp 7.00 Medium steers .... Choice cows Good cows Medium cows ..... Choice calves Good heavy calves Bulls Hogs T-iglit , Heavy Sheep Wethers Ewes Lambs 7.0ffl 7.2.T : .50-ai 7.t0 B.253 6.50 6.00 8.25 8.00'3l 9.00 6.50 7.50 4.00 0.00 .-8.00 8.40 7.00 W 7.50 4.00 Q 5.00 3,00 (fu 4.75 ......... C.OOjj) 6.50 Omaha livestock Market. SOUTH OMAHA. Nob.. June 20. Cattle Rereipts. 5u0; market, slow. Native steers, $0.20ft 8.8-0 : cows and heifers, $67.2J Western steers, $6.50& 8.25 ; calves. 8 10.25. Hogs Receipts. 7000; market. higher. Heavy. S.40 l?i 8.50; light, fS.nOSj'S.OO; pigs. 0'7.50; bulk of sales. $8.45.f S.55. Sheep Receipts. 400: market. steady. IcariuiKS. $5.2558; wethers, S5&5.60; lambs. 0.00 0-7.00. Chicago Livestock Market. CHICAGO, June 20. Cattle Receipts, loOO; market, slow, weak. Beeves, 7.20;gi 9.03; Texas steers, $0.9O4tS: Western steers, iiffS.10: stockers and feeders. 5 90$ 8.05; cows and heifers. 3.SOffi8.40; calves, .75 .H?Ss Receipts, 13,000; market, strong, iS h-'gh!r- J-isTht. 8.508.S3: mixed. SS.45 s-; heavy. $S.23ig 8.73; rough. $S.25f 8.45; pigs, 6.75 8.50; bulk of sales. 8.05 Jf S.75. Sheep Receipts, 10,000; market, steady. Native, 4.60 5.C0 ; Western. 4.75 tf 5.50 ; yearlings, 5.40 & 6.40: lambs, native, 5.10 131 .!.: western. 3.250.75; Spring, 5.25$ Metal Markets. NEW YORK, June 20. Copper. Standard, spot to August, 13.75 electrolytic. 14.S715.00c; lake, 15.25c; casting. 14. 70c. Tin. weak. Spot, 43.4Cai43.75c; 43.2543.BOc; July. 43.00 43.30c ; steady. X 14.25c: 10.00 4 June, August, Lead, steady. 4.35c bid. Spelter, steady, 6.03I& 5.15c. Antimony, dull; Cookson's, 8.7599.00c. Iron, Quiet and unchanged. London markets closed as follows: Copper, weak; spot. f3 5s: futures. t8 gs. Tin. weait: spot. tiu ids; futures, 1WS Jos: spel- tor. 21 15s; lead, 21 n-s: iron. Cleveland .rrants 54S d. J Wool at St. Louis. ST. LOUIS. June 20. Wool, higher. North ern and Western mediums. 17&i20c; slight burry. 16ai6c; fine burry, 13-a.l0c. RETAIL TRADE GOOD Increased Distribution Affects Wholesale Markets. HARVEST HAS COMMENCED More Activity Is Reported in Iron and Steel Industries July In terest and Uividend Dis bursements Are Heavy.'. NEW YORK, June 20. Dun's review will say tommorrow: Increased activity in retail distribution of easonaMft merchandise, rluf. tn ih. fuv... able weather, is reflected in a slightly im- i"u'r 'jvm!iu 111 w-noiesale markets. The Winter wheat harvest is now under w-ay in most sections of th. iwi a.i it equalling-expectations of a heavy' produc tion. - Further Supreme Court decisions in rail way rate cases, confirming th,... r a week ago, produced little or nn .rft speculative markets. in iron and steel, a sllz-ht ln-ren In ac tivity is reported, although demand con tinues quiet and price concessions to se cure new orders are made by some pro ducers. Dry goods Jobbing houses are still operat ing conservatively. It is estimated that T-. i .. in . . j i'Td disbursements will exceed $263. 000,000, as compared with $252,000,000 last SENTDIEXT SHOWS IMPROVEMENT. Trade in General Larger Than at This Time Last Year. NEW YORK, June 20. Bradstreef. to morrow will say: "Sentiment, as distinguished from actual business, is somewhat more favorable than heretofore. In this rex.- , sanguine factors are sufficiently numerous to more than offset retarding developments. JC.L iUm blocks nave been quite fuHy starved, that textile lines have probably discounted the effects of coming tariff cnanges, that crop prospects are certainly good enough to warrant optimism and the 11.V 1 p Kreuenston irom financial con u",u"s an auger well for a good so-ahead wvciucm later. Distribution on current 1. i active, retail trad. ha. ...i.. 1 fidtd. by, warm weather and it is evident i7aMrade ln Keneral is larger than it was - " '- "aiita year. xjuajiiess rai iirpn rr-w v. X VT J3S- which compares with 266 . There were 24 failures In Canada. rr,.M i "IC'ual?S Hour, exports from the United states and Canada for the week end ing June 19. aggregated 5.82S.428 buithcli. Acnlnut- ."T1no . . ' -o -x, , o-x.uo- ousneis last year. Bank Clearings. NEW vnni- t. - . . . . H report 5or tA ";ai;""..nnf5f,rf?" .J $3,285,218,000 last v.' 00 in ,he corresponding week Pet. Inc. New Yorlr .S1.SS4.437.000 6.9 Chicago ...... Boston ilo3,31Z,000 4.4 341. 354. 000 10. Philadelphia St. Louis Pittsburg Kansas City . . San Francisco Baltimore iVU.oOtt.uoo 13.8 2S3.140.000 67,4SaG0o 50,551,000 48. 005.000 45.108,000 2C. 350, 000 24.434,000 23,932,0110 20,688,000 28,909,000 18,915.000 3 7,4!I6.00 12,97,000 15,6119,000 ll.Bt2.000 13,919.000 9.693.000 S, 967. OO0 9,905,000 5.548,000 -, "65.000 . 804. 000 4, 561. 00O 4.953,000 4.173.HOO 7.8 I.I 8.9 3.1 Cincinnati 25.2 B.3 Minneapolis Los Angeles 22.4 2.0 Cleveland .... 16. Detroit New Orleans 20.0 3.8 12.4 Omaha Louisville Milwaukee Portland, Or. Seattle St. Paul Denver Indianapolis Sal Lake City Columbus .... Toledo Duluth Des Moines ... Spokano Taeoma 2.8 11. 1.3 11.3 5. 1.1 n.8 s 38.3 13.8 -9 J, 982. 000 3.41 7.000 2,838 000 1.S71.I100 5S9.00O S, 282, 000 1. 084. 000 Oakland Oakland Ban Diego .7. Sacramento ............. 4.5 San Sac S.ti 31. C Ogden, Utah .... Washington ..... Fresno 1.3 11.8 5.34 Decrease. STOCKS DRIFT LOWER MARKET SAGS OX SM.U-L VOL- VME OF DEALINGS. o Appearance of Selling Pressure Publication of Currency lle form Bill Has Xo Kffect. NEW YORK. June 20. Bv slow and easy 1,1,3 oiue marKet again drifted down wara tooay. The force of th turn seemed entirely to have spent itself o.ni.iunn me volume of business was light and there was no apparance of severe pressure at any time, tho small offerings were sufficient to make further inroads on the gains which followed last week's severe break. ,?h,i., riBe ,n Drlces has made stoeks less vioapcciive investors and the market Is no longer receiving the benefit of supporting orders from large financial inter ests, such as It was deemed necessary to ex- week, "ouoiea days of the las The copper stocks were sold, on reports of X I in me metai markets here and abroad. Publication of the bill for currency reform apparently had no influence in the stock The bond market was h&w -r t 1 ., .. . par value. 1,407,000. United States bonds " uuuuaueea on can. CLOSING STOCK QUOTATIONS. hTirf "S -JX...-..- nilson & Co.. Lewis Closing Sales. 2O.S0O 5,000 High. 65 27, '42 V 36 62 i Amal Copper , Am Can Co . . do preferred low. ini. 4 26 '42 36 61 04 26 85 K 41 36 61 Am Car a Fdy. . 200 Am Cotton Ool.. loo Am Smul & Ref 6O0 do preferred.. ...... Am Sugar do preferred Am Tel & Tel. . 200 Am Tobacco . . . liou Anaconda 1,000 At! Coast Line A T & Santa Fe 700 do preferred.. ..... Bait & Ohio . . . 70O Brook R Trail.. fiilo Canadian Pau .. 7.70O C si O 1,OOI C & G W OOO o , 3 06 -OH S 1 28 216 33 128 214 32 128 213 .32 J 1.-1 HO 90 97 94 87 217 57 13 128 103 93 87 216 56 12t 128 lo2 ?i H3 SO ito 56 102 U 4 N W 30O C. M & St Paul. 1,400 Central Lenther Central of N J Chtno 4,10O Col Fuel & Iron 200 Colo Southern .. 300 Consol Gas SOU DL&W D & R Q 100 Distilling Secur Brie 4.10O General Elec Gt North Ore . . 200 Gt North pf ... COO Illinois Central. 5oO Interboro Met .. 2,300 do preferred.. 0,000 Inter Harvester K C Southern .. 1,100 Lehigh Valley .. 4,800 Louis & ?all.. 400 M, S P & S 8 M 100 Mo. Kan & Tes. 10O Mo Paclflc National Lead .. Nat Biscuit do preferred.. N Y Central . . . 500 N Y. Out & Wes 4,100 Norfolk & West. 30 "North American 100 Northern Pac . . 2.2O0 Pacilic Mail .... 200 Pacific TAT..' 2o0 do preferred Pennsylvania ... 2,900 People's Gas Reading 80.60O Republic S & I Rock Island . . . 100 Southern Pac .. 3.10O Southern Ry ... 200 Texas Oil 200 288 34 27 29 129 16 '24 "29 123 109 . 15 - 58 33 27 29 129 "is'v; "23 'in' ' 122 109 15 58 '26 149 3S0 123 20 33 27 J u 390 16 12 23 130 29 122 109 13 57 104 20 350 181 325 20 149 124 20 y. 29 45 JOU 116 99 32 103 4 10S l' 29 iio iis 'i 5 04 21 100 90 31 102 04 107 19 2S iio' " is7 '15 94 21 100 99 10 63 IOS 1 89 3 10 iOT 15 IS' 15 94 - t 10O Union Pacific . 13,500 145. 144-i 144 19 3!.S00 r.S'.j 32i 52i 1,800 104 103 I0314 2.000 UK 41 41 10O 2Vl 2, 2U 30O 61 61 l i-x 50 r.si.-. 100 44 44 42 Vs do Btref erred. . United Rds S F U 8 Steel do preferred., tan Copper . . Wabash Western Union .. w estlng Elee . .. Wisconsin Cent. Total salea for the day. 200, 30O shares. BONDS. Reported bv Overbeck Sc Cooke Co.. Board of Trade building, Portland. Atchison general 4s 93 84 Atlantic Loast Lane 1st 4s S7 Baltimore & Ohio Gold 4s 90 Vi li B R T 4s ... 87 87 'i Chesapeake & Ohio 4&s 93 95U M it tit P sen 4is R I col 4s 55 . 55 i California Gas 5s 92 93 C B Q Joint 4s 9314 93 Erie general 4s 67 71 nt Met 4W?s 75"A 7.i Louisville & Nashville unt 4a let 94 Missouri Faelfic 4s 63 66 NYC jren 3'is S3 84 N W 1st con 4s HO 92 Northern Pacific 4s 92 93 Oregon Short Line ref 4s 87 8S Oregon Railway Navigation 4s.. 90 hi w, r-acinc lei os hku !t6 Penna con 4s Hft 99 Reading genera 4s 92 93 St L 4 S F ref 4s 67 6S Southern Pacific ref 4s 87 8$ ournern pacino col 4s 92 .... Southern Railway 5s 101 102 Southern Railway 4s 74 74 1 nitec Hanway inv 4s..., 57 5S Union Pacific 1st and ref 4s.... 95: tot nited states Steel 5s 1H rmii West Shore 4s 93 H4 Wabash 4-s 50 5o. Westing-house Electric ev 5s.... ?S',- 80 Wisconsin Central 4s 5 ... western Pacific us 76 7S Stocks at Boston. BOSTON. Juno 20. Closing nuotations: Allouex 40 IMohawk 45 Amal Copper... 64iNev-ada Con.... 14 a. z. L & 1W NlDlasinr Mines. 8. Arizona Com... 2'AiNorth Butte.... 24 B & C C & S M 60 North Lake 1 Cal & Arizona.. 59oid Dominion... 93 t-al & Hecla .415 Oarpnln . Trt Centennial ..... 10Qulncy 27 Con R Con Co.. 39:Shannon 7 k. 3a K Butt e Cop M.104 jSupperior 23 33 Franklin 0 3 & B M . . GIroux Con 1 Tamarack Granby Con 54, U S S R & M.. tireene Cananea 6 do preferred.. 46 I Royalle Cop.. lS'4,Utah Con 7 Kerr Lake 3ti t'tnh c.nn c-n 41 Lake Copper.... 6iWInona .. ... 1 La Salle Cop 8Wolverine 45 Miami copper. .21 Money, Exchange, Etc. NEW YORK. June 29. Money on call steady. 2S2u per cent: ruling rate. 2 Der cent: ottered at 2 per cent. Time loans easier. 60 days 3&4 per cent; 90 days, 4&4 per cent; six months. OKVSa't per cent. prime mercantile paper, o per cent. Sterline exchange firm with actual bus iness in bankers' bills at 4-S3 for 60 day bills and at 4.86.75 for demand. commercial bills, 4.82. Bar silver, 58c. Mexican dollars. 48c. Government bonds steady: railroad bonds heavy. LONDON. June 20. Bar silver. iik. 26 13-10d per ounce; money. 3 3. per cent; rate of discount in the open market tor snort diiis is 4V o-l6fr4 per cent; do, three months' bills is 4 5-104 per cent. SAX FRANCISCO. June 20. Silver bars 08e. Mexican dollars, nominal. Drafts, sight par, telegraph 3c Sterling in London, eo days. 4.82: do. sight, $4.86. Condition of the Treasury. WASHINGTON. Juno 20. The condition of the United Htates Treasury at the begin ning of business today was: Working balance 55.138,826 In banks and Philippine treasury 56,719.613 Total of general fund 137,S12,3S:t Receipts yesterday ............ t 2,680,103 Disbursements 3,704,257 The surplus this fiscal vear is SI 2.465.- 992. as against a surplus of $1,525,856 last year. The figures for receipts, disbursements and surplus exclude Panama Canal anTf pub lic debt transactions. SAX FUA2VCISCO PKODl'C MARKETS Prices Quoted at the Bay City for Vegeta bles, Fruits, Etc. SAN FRANCISCO, June 20. The follow ing produce prices were current here today; Fruit Apples. 75c 1 50; Mexican limes. $6.507; California lemons, choice, 8.00 8. SO; common. 48; plneappleB, 1-252.25. Cheese New, 1415c; Young Americas, 17 c. Hay Wheat, 23 25; wheat and oats. $21. 504222; alfalfa, 1214. .uutter fancy creamery, 2Sc; seconds. 27c. vegetables Cucumbers, 40pS3c: green peas, 2,'84c; string beans. 23c; eggplant, l0M12c. Onions New. red, 65g70c per sack; Ber muda seed, white, 1.2501.50. Potatoes New River whites, 1150; Early Rose, 11.50: old, river Burbtnlp, 0OSa75c; Oregon, 75e$l; new. $141.60. F.gns--Store. 22c; fancy ranch. 25c Receipts Flour, 7317 quartera; barley, 6OO centals; potatoes, 3620 sacks; hay, 423 tons. Coffee and Sugar. NEW YORK, June 20. Coffee futures opened barely steady at a decline of 12 to 18 points In response to continued weakness abroad. Offerings were not heavy, but there were few buyers and prices sold about 22 to 30 points lower during the early aft ernoon. Later, however, there was con siderable covering and the market rallied a few points ana closed very steadv. July. 9.23c; September. 9.48c; October, u.03c: De cember, 9.88c: January. 9.67u; March, 9.7Sc: May. 9.83c. Spot coffee, weak; Rio. No. 7, 9c; Santos. No. 4. 11 c. Mild coffee, quiet; Cordova. 33!)16c, nominal. Raw- sugar, firm; refined, steady. Cotton Market. NEW YORK, .June 20. Cotton futures closed steady. .Closing; bids: June, . 12.16c: July. 32.19c; August, 12.OS0; September. 11.84c; October. 11.67c; Novem ber, 11.61c; December. 13.66c; January, 11.80c; February, 11.61c; March, 11.70c; May, 11.75c. Spot closed quiet. Mid-uplands,. 12.00c; mid-gulf, 3 2.75c. Sales, 10 bales. Naval Stores. SAVANNAH, Ga., June 20! Turpentine firm. 3c; sales. 632: receipts. 752; ship ments. U4: StOCKS, ti,008. Rosin, firm; sales, 1062; receipts. 1709; shipments. 473: stocks, 115.382. Quote: A, B. 3.60; C, D. 3.90; E. $4.05; F, G, H, 4.15; I. 4.20: K. $4.55: M. 5.15; N, 5.85; WG. fO.25: WW. 6.30. Duluth Linseed Market. DULUTH, June 20. Close Linseed. $1.32; July, $1.31 asked; September, $1.34 asked; October, $1.33 asked. Chicago Dairy Produce. CHICAGO. June 20. Butter and eggs un changed. Receipts Eggs, 13,123 cases. Hops at New York. NEW YORK. June 20. Hops Steady. LAST COMMITTEE PASSES City Council Will Cease to Exist AVitliin Few Days. When the street committee of tho City Council cleaned up a large amount or worn and adjourned sine die late yesterday, it marked tho end ofthe existence of Council committees.. The street organization was the last to iinisn its worK. The final meeting; of the Citv Coun cil will be held Wednesday morning-, at which time all questions now unsettled either will be cleared up or left for the new administration. All the Crty Executive Board com mittees will hold their last meetings the day following: the Council session. ine jiixeeutive Board will meet on Fri day for Its closing session. Between -then and July 1 all the other boards which are a part of the present form of government will meet and close up Liieir anairs. J.C.WILSON&CO. STOCKS. BOXDS, GRATV AXD COTT03J MEMBERS WW YORK STOCK JEXCHAVGB, XEW YORK COTTOS EXCHAKOE, CHICAGO BOARD OF TKAXJC XH STOCK AND BOND KXCIA.VJJi y. 1 KAJ CISCO. FOBTIiAND OFFICE: Lewis Bijildiiig, 269 Oak Street. Pkoaes Marshall 412G A 4.1 & RAIN AT RIGHT TIME Spring Wheat Belt Receives Needed Moisture. CHICAGO MARKET EASIER Declines at Close Range Up to Tliree-Elgliths Cent Primary Arrivals Are Heavy Corn and Oats Also Down. CHICAGO. June 20. Belief that rains had fallen at the right time in the greater part of the Spring crop belt brought about an easy fe.ling today in the whtit pit. Closing prices varied from c decline to c gain. Corn showed a fall of c to 'filc and oats a setback of c to c. There was an Irregular finish in provisions, ranging from 7" off to an advance of a shade. Wheat traders, with few exceptions. In clined to the view that, barring some por tions of South Dakota, the Spring sown fields were now In good shape. Trimary arrivals of wheat today were again heavy. 640.000 bushels, against 294. 0OO bushels a "year ago. Export clearances of wheat and flour equaled 462,000 bushels. Prospects of general rains throughout the chief producing states made the corn market weak. Some of the recent large tongs went over to the short side. Oats succumbed to heavy selling, due to an unexpected drenching of the country east of the Mississippi. In provisions the main feature was the course of a leading Western packer changing over considerable holdings of July lard to September. Carriers took the nearby de livery. The leading futures ranged as follows: WHEAT. Open. High. Low. .90 .90 .93 Close. .90 .90 r, .93 July Sept Dec. ..$ .98 .HO . .93 ! .01 v .04 CORN. .61 .62 .00 OATS. .42 .42 .13 July SPpt. Dec. .60 .61 .59 .60 .61 .59 .41 .41 .42 .60 .61 .59 Julv Sept. Dec. .41 .41 .43 .41 .42 .43 20.80 20.45 MESS PORK. July Sept. .20.85 20.87 .20.40 20.50. LARD. 20.75 20.45 July Sept. Oct. . .11.12 . .11.22 . .11.23 11.33 11.27 11.32 11-07 1 1.22 11.23 11.07 11.22 11.27 SHORT RIBS. ...11.80 11. so 11.70 ...11.70 11.72 11.07 ...11.47 11.53 11.47 July Sept. Oct. 11.72 3 1.7" ll.7 No. I Cash prices were: Corn No. 2. 8161c; white. 1b62c; No. 2 yellow 81 61o; No. 3, 6001c: No. 3 white. 61 6i:c; no. 3 yenow, 6it76iv-c; fo. 4. o'. 4i60c: No. 4 white. 0O(W6Oc: No. 4 yel low, W)(iT60c. Rye No. 2. 81c. Barley, 50 65c. Timothy, 3.50(ff 4.50. Clover, nominal. . European Grain Markets. LONDON. June 20. Cargoes on passage. quiet, limited demand. LIVERPOOL, June 20. Wheat Spot, ir regular. Futures steady. July, 7s, 6d; October, 7s, 7d; December, 7s. 4d. . Minneapolis Grain Market. MINNEAPOLIS. June 20. Close Wheat July, 90Jr90c; September, 92c; Decem ber. 94 c. cash No. 1 nard. 2c: No. 1 Northern, 91Ji92c; No. 2 Northern. 80tspoc; jvq. - nara Montana, eavauc; no. j wheat, 87 "4 8SC. Bran, unchanged. Flax. $1.30 aj 1.31 . Barley, unchanged. San Francisco Grain. SAN FRANCISCO. June 20. Spot quota tions Walla ' Walla, l-2 3.63 : red Russian. 1.00 bid, 1.62 asked; Turkey red. 1.72 0 1.75: bluestem. t.721.75; feed barley, l-35fj) 1.37 ; brewing, nominal; w hite oats, $1.37 f l.10; bran, $27.uoii; 27.50: middlings. 32.00 r 32.50; shorts, 28.00 in 28.50; July barley. 1-34 bid. $1.37 asked. Call board Wheat, weak. Barley, steady. December. $1.3974 bid. $1.40 asked. May. not quoted; July, $1.34 bid, 1.37 asked. I'uget Sound Wheat Markets. TACOMA. June 20. Wheat Bluestem, 97 &93c; fortyfold, 94c; club. 93c; red nfe, 92c Car receipts Wheat, 24; barley, 6; com, 1; hay, 1. SEATTLE. June 20.. tvneat Bluestem, 93c; fortyfold, 92c; club, 91e; i.fe. 91c; red Russian. 90c. Car receipts Wheat, 7; corn, 2; hay, 3; flour. 4. Dried Fruit at New York. NEW YORK. June 20. Evaporated apples quiet. Prunes firmer. California. 34P12c. Peaches dull and easier. Choice. 6g.tfc extra choice. 6f7c: fancy. 5?t7c. TRAVELERS CiCUDK, EPCANTILEgIMF S r AMERICAN N.Y'.-IMymoulh-C herbourg-Southampton ATLANTIC TRANSPORT New York London Direct BED STAR N e w York -Dover Antwerp WHITE STAR ew York. Qneenston-n Liverpool X.Y.-Hlymouth-lhrrboiirs-Mniitrinniptoa J evr l urk mill Isoaton-Medlterraneaii' Egypt. CANADIAN SERVICE Sailings Kvery Tuenday From Montreal and Quebec By the LARGEST CANADIAN LINERS Including the Teutonic, July 1 I.aurentlc. Jnly 8 Canada. July 12 Megantic, July 19 Send for folder of tUe Short Land locked St. Lawrence itoute to Europe A. E. DISXKY, PASS AGT 4119 2D AVE. 3 Uoora Front Cherry, SEATTLE, or I.occl Hnllvray and Steamship Agents. AUSTRALIA TAHITI AND NKW ZEALAND. Round Trip Hmtes: 1st rlnnn to Tahiti $133, to WeUiiiKtou $07.&0. to hydney $.400. Special Pacific Ocean Tour (including South sea Inlet.) to Sydney via Tahiti. P.aro tonga and New Zealand and returning to ban Francisco (or Vancouver) via, Auckland. Fiji or tSamoa and Honolulu, $325, 1st class. Stop-overa any point, good one year, ball ngi from San Francisco June 2o. July 3, August -0, etc. Union Stenmship Co. of New Zealand, Ltd. Office: tiiO Market Street. San Francicco. BAHIA. SANTOS. MONTEVIDEO. BUENOS AYRES and ROSARIO. Largs, New and fait Pasenfi-er 8teamrs from New York ererf alu-rnats Satitr47. Tot rates, etc, ari'ly local ticket Agents, or BL'eiK & HANIfcLS, General A tenia, sol Prod-nee Fxehanee. New York. San Francisco, Los Angelei and San Diego Direct 8. S. Roanoke and S. S. Elder. Sail Every Wednesday AlL.mat.l7 al NORTH PACIFIC S. S. CO. UAThir SC riuwea Umla ISli. A Hit, I rjs1ft' ai r aii, lai i t i fiii aiairir-"' -aT- Tif ml 1857 Statement of Condition at the Close of Business on the 4th Day of June, 1913, as a Reserve Bank, Pursuant to the Rules Adopted by the State Banking Department of Oregon : RESOURCES Loans and Discounts $30,167,332.05 Overdrafts 22,451.83 Bonds 5,7S9,737.54 Stocks 42,401.00 Mortgages ; 5,483,083.81 Banking House , 0.00 Furniture and Fixtures 0.00 Cash on Hand $ 7,812,672.50 Due from Other Bank3 14,661,809.40 Exchange for Clearing: House 1,320,214.97 23,794,696.87 $85,302,709.10 LIABILITIES Capital Stock $ 3,000,000.00 Surplus Fund 6,000,000.00 Undivided Profits, Less Current Expenses and Taxes Paid 1,032,019.27 Reserved for Taxes and Interest 123,936.62 Due to Other Banks $17,126,509.22 All Other Deposits 37,970,243.99 55,096,753.21 $65,302,709.10 This Bank Is Authorized by the State Eankinp; Department of Oregon to Act as Reserve Agent for Oregon Banks Directors. FRANK H. ARMSTRONG. Vice-President Held, Murdoch: & Company. ENOS M. BARTON, Chairman Board of Directors. Western Electric Company. CLARENCE A. BUBLEY, Attorney and Capitalist. HENRI P. CROWELL, President Quaker Oats Company. WILLIAM A. GARDNER, President Chi cago & Northwestern Railway Co. ELBERT H. GARY, Chairman Board of Directors United States Steel Corp'n. EDMUND . HULBERT. Vice-President. CHAUNCEY KEEP, Trustee Marshall Field Estate. ORSON' SMITH. President EDMUND D. HULBERT. Vice-President FRANK G. NELSON, Vice-President. JOHN E. BLUNT, JR.. Vlce-Prealdent. P. C. PETERSONS Caahler. C. E. ESTES, Assistant Cashier. CHICAGO- LADD &TILTON BANK Established 1859. Capital Stock Surplus and Undivided Profit .......... Commercial and Savings Accounts Ltter of credit,. drafts and travelers' checks issued, availabU in all parts of tho -world. oirjricKLRS. JV. M. Lad a. President. B-obert S. Howard. Asst. Cashlva fidward Cooklnrham. Vlos-Praa J. W. Lad d. Asa t. Cashier, . h, DuncJtley. Caahlar. Waiter MTCook. As hi. CabMefc. First National Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank Weat of 7th Rocky Mountain rORNEB FIRST ANT "WASIHNaT0XST3. Oieap Rates Sootli. Steamships YALE and HARVARD (Cost $2,000,000 each.) Largest and fastest passenger ships on tha Coast. Wednesday, Thursday, Iriday-and Saturday only. Eailroad to Sail Francisco. Los Angeles, rail and 6teamer -S 21. Los Angeles, rail and steamer, round trip. . 538.50 San Diego, rail and steamer . J523.00 San Diego, rail and steamer, round trip 42.00 Make reservations immediately. SAN fRANCISCO, PORTLAND & LOS ANGELES STEAMSHIP CO., Prank Bollam, Agent, 121 Third Street. Main 26. . (With Denver & Rio Grande R. R.) A 4593 Sailings from LA PROVENCE July LA UIKKA1NE ..July 17 LA LORRAINE Aug. 7 ti'KANCE (new) July 2i LA PROVENCE Aug. It Twin-acrew steamer. tWuadrupltj-ecrew steanittr. (SPECIAL HATIRIIAV FAILINGS FROM NEW YORK. 3 P. M. ONE CLASS CABIN ill) and THIRD-CLASS Pnaaiisers Only. Niagara June Bl Chicago June 28 Rooiianibrau . . . July 5 C. V. ntliiger, (0 Uth St.; A. 1. tbarlton. Morrison ti.s J. ). Thomas, :. M. A Kt. 1. R.V.; Dorrtey It. Kniith. ii) 5th tt. ; A. C. .Mieldutl. 1U0 oti .t. ; 11. Dickson, li'i Hd Kt.: North Itank Road, oth aud Stark .t... us:ent. Portland. TRAVELERS" GCIOK. EXCEPTIONAL SECOND CLASS ACCOMiIODATiONS BY BOSTON SERVICE T he . S. (XK V K LA N U, C I N t IN -N ATI mnd BI.IUMKK aie slupa of unusual tonnage, providing spacious caluns, staterooms, and deck soace. The Second ChDIu accommodation a compare favorably in comfort and luxury with the first cabins of ves sel a of less tonnage. From BOSTON to LO JJON FAKM -HA.MBCItti Cincinnati Cleveland Cincinnati Cleveland July 12 July 2 AuKii.t l ...September Ci Hamburg-American Line 160 Powell St.. San Francisco, Cal.; south ern Pacific Co.. SO ttth st.; O.-W. R & N Co.. Nor. Pacific. D. & R. . R. " Tt., Burl Ington Route. Milwaukee & Pueet Sound R. R.. Oreat Northern Railway Co Dora.. . Bmith. )U Sth St.. Portland. Ore.-ou. 1913 CTRUS H. McCORMICK, President Inter. national Harvester Company. SEYMOUR MORRIS. Trustee, L. Z. Letter Estate. JOHN S. RTJXNELLS, President Pullman Company. EDWARD L. RTERSOX. Chairman Board of Directors Joseph T. Ryerson & Son. JOHN G. SHEDD. President Marshall Field & Company. ORSON SMITH. President. ALBERT A. SPRAGUE. II. Vice-President Sprague. Warner & Company. MOSES J. WENT WORTH, Capitalist. Officers. JOHN J. GEPDES, Assistant Cashier. LEON L. LOKHR,. Sec'y and Trust Officer A. LEONARD JOHNSON. Asa't Secretary F. W. THOMPSON, Mgr. Farm Loan Dept. H. G. P. DEANS. Mgr. Foreign Dept. . G. F. HARDIE. Mgr. Bond Department. .......$1,000,000.00 ....... 1,000,000.00 Compa4nie Generale Transatlantraue Direct Line tw Havre-Pari. (Franco New York every Thursday at 10 A. M. SSSWo 'LASAV0IE Thursday, July 3 10 I.A SAVOIE ...Julv nl TRAYELEKS vil'IOE. EXPRESS STEAMERS FOR Sao J-'ranclHco and I.o. Anx;elea WlTHOlT CHANCE S. 8. BEAK falls 9 A. M.. June St. S.-S. ROSE CITY Hails June 6. THE SAN FRANCISCO PORTI.AMJ . CO- Ticket Otfice 3d and Ya-.hinctoa (uilB O.-W. K. Jt N. Co.) rhuu. MaranuU iMit. A uljl. COOS BAY LINE STEAMSHIP "DRKAKWATEK" sails from Albers Dock. No. 3, Portland, at 3 A. .-A. June , U, 14. 1"J. 24. 211, July 4, . 14. 19, 1'4 2U, thereaftsr everv fiB days, s A. M. Freisht received daily until S P. M. except day previous to sailing, previous day 4 P. M. Passeiis-sr fare.: Kiral-class, flo; aecond-class. $7. Including berth and meats. Ticket office at Alhcrs Duck No. 3. PORT LAN I A COOS BAY S. S. LINE. U H. KKA11XO, Acct. 1'bone Main bsj. A 6111. Drain-Coos Bay Auto Line Now IDaily to Harsh field. Wire reservations to O. -Mattoon, Drain. Oregon.