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.