Morning Oregonian. (Portland, Or.) 1861-1937, June 24, 1913, Page 17, Image 17

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    THE MORNING OREGOIA. TUESDAY. JUNE 24, 1913.
17
FLOUR PRICE ASKED
Oriental Buyers Interested
New Crop Product.
in
MARKET NOT ESTABLISHED
Quotations on Patents Will Be
Maintained Vntil End of Season.
Lull in New AVlieat Trading.
Crop Iieports Good.
Oriental flour buyers are asking for
prices cm exports for September shipment,
tout millers on this side are not yet ready
to mftk quotations, in view of the uncer
tainty of the wheat market. On spot busi
ness the market remains firm. Patent
prices are also -well maintained. Flour is
moving out well, and It Is jirobable that
stocks will be worked off before new flours
com on. Prices on the new crop product
will not bo named before the middle of
August or the first of September.
The wheat market is rather Inactive, as
California buyers show little interest. There
is a lull In new crop trading on the part of
both buyers and sellers. Quotations are
unchanged.
Reports from the rrowinpr crops are en
tirely satisfactory. The rain has been of
treat benefit In almost every section.
Local receipts, in cars, were reported by
the Merchant' Exchange as follows:
Wheat. Barley. Flour. Onts. Hay.
Monday r,l 4 If) 55 24
Year ao .. - .... 1 r, 12
Season to llate 17.3D!1 2"(!2 2'"l:j 1Mi2 2S21
Year ago .14,4".". r,S9 21U3 IfiSD 2T9S
The Merchants Exchange's weekly wheat
statistics follow:
American -lslbl supply
Bushels,
Decrease.
1.5S2.000
1,73 8,000
1,127,000
l.firtO.000
1,663,0"0
1.506.000
460.000
1,017,000
1,160.000
600,000
June 23,
June 24. 1912..
June 26, mil..
June 27, lino..
;l.72.ooo
24.640.000
24.516,000
13,142.000
1 1,251.000
nri.sii9.ooo
4H.fi37.on'
25, 92.0ll0
14.228. 0
14,055,000
Wefk
June 2S, 1000
June 29, TH08
July
1 lt7.
Julv 2, 11)06
July 5, l!Kl5
July 5, 5 0U4
Quantities cn passage
Week
Ending
.1 une 21
For Bushels.
Week
Ending
June 22-12
Bushels.
25.4M1.O00
27.128,000
Ending
.lime 1 4
Bushels.
24.D6S.O0O
26.216,000
V. Kingdom U4.4so.ouo
Continent 23.752.UUO
Total . ..48.232,000 61,184,000
World's shipments. principal
countries fflour Included!
Week Wek
Ending - Ending
June 21 .lune 14
Fro'-n Bushels. Bushels.
I . S. Csn.S.32S.0ii0 5.002.000
Arsr'litlne .1.734.000 l.ifM.COr)
Australia . . 0H0.UUO SOO'iVi
52,608,000
exporting
Week
Ending
-June 22-12
Bushels.
4.0T4."00
".832.000
656.0011
. X24.000
2.034.0"0
2.5U4.0UO
luh'u Pts. "2s,fmo tUO.uOO
ft USS1H
. . 2.0o2.'MMr 2.424.0UO
. . 1.S35.00O 2.176.000
India
Total
.12.217.000 12.:'.12.0(K 12,024.000
CANTALOUPES $1.00 A CKATE LOWER
Banana Advance at tiulf Ports New Figs
and Prunes Are in Murket.
t'antaloupe prices were lowered $1 a
crate all around yesterday. Three cars were
received in the forenoon, and -at the new
price sold well. Standards were quoted at
$3 and ponies at $2.50.
Strawberry receipts were light,' as was to
be expected. The best etock sold at 75 to
S3 cents. Eastern Oregon cherries were
plentiful and were quoted at 5 to S cents.
Five cars of bananas were unloaded dur
ing the day. Banana prices have advanced
at New Orleans, and local receipts will not
be so heavy from now on. A shipment of
Hawaiian pineapples was received by way
of San Francisco.
The first shipment of Tragedy prunes was
received from the South and offered at $1.75
a box. The first California fresh figs also
arrived and sold at $1.75.
A straight car xjt California cucumbers
was put on sale at $1 a box. A big shipment
of beans came in from the South and added
to the local ovorsupply. California beans
old down 4r 3??5 cents, and Oregon beans
brought 68 cents. Oregon peas were plen
tiful at D cents. The first new California
bell peppers offered at 25 cents.
A car of white rose, new potatoes from Los
Angeles was put on sale at 2H cents a
pound.
STOCKS OF RICE ARB IECLINTNG
Honduras Offering- will Bo Cleaned Tp
Before Next Month Ends.
Commenting on the general rlco market
situation. Talmage says. In his weekly cir
cular to the trade:
"Under good demand the market rules
steady. The general assortment is becom
ing more contracted as parcels run out, with
little chance for duplicating at the primary
market except at higher cost. Therefore the
gradual depletion of reserve stocks of all
styles has a strengthening effect on present
holdings. Honduras offerings are growing
dally more scarce, and with any ordinary
demand the market will be cleaned up high
and dry before the next month passes out.
Japans aro still in abundant supply, but
there is decidedly more Inquiry and the
trade Is realizing that Japans are without
a doubt a purrhase at preseut figures and
worth pushing."
Poultry Receipts Light, Demand Slow.
The .week, jipctieiij with light poultry re
ceipts and no change in prices. Dealers
look for some Improvement In the market
for hens, but Springs are not likely to sell
better. The latter were quoted yesterday at
IS to 10 cents and hens at 12 cents. Ducks
were nominal with no demand. Country
dressed meats, were unchanged.
The egg market was very firm and ar
rivals were small. Sales were made at 22 V4
cents, case count, and up to 25 cents on
candled.
There were no changes in the cheese or
butter markets.
Bank Clearings.
Bank clearings of the Northwestern cities
eterday were as follows:
Clearings. Balances.
Portland . $1,885,430 $ 63.440
Seattle 2,2rt.374 121.644
Tacoma 507.413 59,339
frpokane . 719,14(3 60.0B6
PORTLAND MARKET QUOTATIONS.
Grain, Flour, Feed. Etc.
OATS No. 1 white. $32 per ton: stained
and off grade, less. ,
WHEAT Track prices: Club. 93c; blue
stem, 9Sra $l; 4o-fold, 94c; red Russian 92c
Valley, 94c,
FLOUR Patents, $4.70 per barrel;
straights. $4.10; exports, $3.85(63.95; valley
$4.70: graham, $4.f.o; whole wheat, $4 80
CORN Whole. $2S.oO. cracked. $29.50 per
M1LLPTITFS"-Bran. $24. 500)25 per ton;
shorts $2tj.50'jJ27 per ton; middlings. $31
I'er ton.
BARLEY Feed. $20.r.027 per ton; brew
ing, nominal; rolled, $23.30 2-J.5 per ton.
HAY Eastern Oregon timothy, choice
$18'ylU per ton; alfalfa, $13gj14. '
Fruits and Vegetables.
Local lobbing quotations:
TROPICAL FRUITS Lemons, $S.25S.75
per bx: pineapples. 7c per pound.
U.NiCNb New red. 51.25 Tier saclc.
VEGETABLES Artichokes, 75c per dozen;
asparagua.. Oregon. 50cs3$l.O0 per dozen;
oeai.s. :: Ci c per Jtound ; cabbage. Ii2c
iDuua ; cauiiziower, s-.uo per crate;
-'iu, -ii'c ner aozen: cucumbers, si Tr
box; eggplant. 25c pound; head lettuce, $2.60
vcr crate: peas, oc per pound; peppers,
25c ner pound; radishes, !Oe&12c per dozen;
. uuuaro. iie per pouna: scanacn. 75e ner
box; tomatoes, $1.5 per box: garlic 78c
r- i i uis .New caniornia, sjc per
GREEN FRUIT Apples, new. $1.50 per
box; nld, nominal; strawberries. 75??S.jC
v.aiv. cnerrirs, ,1':) per ID. ; gooeo-
-'!I3C per pound: apricots. $125 3
l.i'O per box: csntaloime 42 .W1 X ner cvot-
peaches", $1 50 per box; watermelons, GHc per
S ; "i ' DiacKoernes. il.za: loganberries,
1.M per crate: plums, $1.50 per box.
SACK VEGETABLES New California. $2
Cl IAl.ll,
Dairy and Country Produce.
Local Jobbing quotations:
POULTRY Hens, UHc; Springs, lSSlSc
turkeys, live. ISc; dressed, choice,
25e; ducks, old. 12c; youns. 14c.
2i&
Ej Oregon ranch, case count, 22
per d.-j:en: candled. 24Ti25c per dozen.
CHEESE OreKon triplets. 16c: Daisies,
17c: Young Americas, ISc.
BUTTER City creamery ' butter cubes.
28c per pound: prints 2t4o per pound.-
PORK Fancy, IOHS'11 per pound.
VEAL. Fancy. 14&14V4C 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; sllversldes, one-pound
tails, $1.25.
HONEY Choice. ?3.253.75 per case.
NUTS Walnuts, 18c per pound; Brazil
nuts, 12i15c: filberts, 15 15c; almonds,
18c; peanuts. 5&5hic; cocoanuts, 0cl
per dozen; chestnuts, 11c per pound;' hick
orynuis. S10c; pecans, i7c; pine. 1720e.
BEANS Small white. 6c: large white,
B.SU'&Uc; Lima. .30c; pink. 4.15c; Mexican,
5c; bayuu. 4.1.Sc.
SUGAR Fruit and berry. J5.15: Honolulu
plantation, $5.10; beet, $4.05; extra C, $4.65;
powdered, barrels, $5.40; cubes, barrels.
$5.50.
COFFEE Roasted, In drums, 19 35c per
pound.
SALT Granulated, $14 per ton; half
ground 100s. $10 per ton; 50s, $10.75 per
ton; dairy, $12.50 per ton.
RICE No. 1 Japan, SOo'jc; cheaper
grades, 41c; Southern head, 59i814c.
DRIED FRUITS Apples, lOc per pound;
apricots, l'2f'fl4c: peaches. Stillc: prunes,
Italians. 8C'i10c; sliver, ISc: figs, white and
black,. 6J4fe7c; currants. 0c; raisins, loose
Muscatel, oUfjiHc; bleached, Thompson,
llc; unbleached. Sultanas, Sc; seeded,
7Hff8ic: dates, Persian, 7 Q 6c per pound;
fard, $1.65 per box.
FTOS Twelve 10-ounce. 85c; SO 6-ounce,
$1.85; 70 4-ounce, $2.50; 30 10-ounce, $2.25;
loose, 50-pound boxes, G-Tc; Smyrna,
boxes, $1.10 1.25: candled, (3 per box.
Provisions.
. Local lobbing Quotations:
HAMS 10 to 12 pounds, 20 21c; 12 to
14 pounds, 20 21c; picnics, 14c; cottage
roil. 17c.
BACON Fancy. 2930c;- standard, 24(9
25c; English, 2223c.
i-aku in tierces, choice, 14Hc; com
pound, 8c.
WRY SALT MEATS Rceular short clears.
14 H fro 1 Be; short clear backs, 12 t 18 lbs..
JDijisc; short clear backs, 18 to 25 lbs.,
15r3 18!e: exports. 154 S16c
BARRELED BEEF Extra mess beef.
$19; mess beef, $10; plate beef, $21; rolled
Doneiess beer, $30.
BARRELED PORK Best pig pork. $27
pickled pork, $25.
Hops, Wool and Hides.
HOPS-
-1912 crop, 12fl)16o per pound:
1913
contracts. 14o per pound.
PEjl-TS Dry, 10c; lambs, salt shearling.
WOOL Eastern Oregon. 1016c;
Valley, 13 lac per pound.
GRAIN BAGS. 9a Portland. '
HIDES .Salted hides, lugllUc per pound:
salt kip. 1213c; salted calf, 16'817Hc;
green hides, lO'glOV-c; dry hides. 21 si 22 c:
dry calf No. 1. 25c: Co "A-.-
bulls 8c. ' '
MOHAIR 1913 clip. Sic per pound.
Unseed OH and Turpentine.
LINSEED OIL Raw. barrels. Kftc- htU.rt
barrels, 5Sc; raw, cases, 61c; boiled cases.
63c.
OIL MEAL F. o. b. Portland works: Car
lots, $35; 5 and 10-ton lots, $34; ton lots.
$35.
TURPENTINE Barrels. S2c; cases, 55c.
FIRM MARKET AT YARDS
BEST GRADE OF CATTLE SEXiLi AT
TOP PRICES.
Choice Hogs Are Tdfted Twenty Cents
Over Last Week's Qnotation.
Day's Run Is Large.
The week opened with a fine r.n -r
about 3000 head of livestock at the Nnrti,
Portland yards. The marb.t
firm basis with a keen demand for quality
stock of all classes. Tho hot ,,r.
the season were paid for some kinds nf mt.
tie. and the hog market was lifted 20 cents
on tops.
Prime steers brouc-ht SR.?:; to e Kn
fair to good quality ranged from $7.60 to
SS.lo. Choice heifers were taken at $S and
strictly fancy cows at the same figures.
Calves held at $.
iot many hog sales were reported, but
the market was a firm one throughout. A
single load brought $8.60, and several loads
were sold at a dime less. No sales were
reported In the sheep division.
Receipts were S59 cattle, 1283 hogs, 813
sheep and 86 calves.
Shippers were: Herrett Stillwell. Grang
er. Wash.. 1 car of hogs: Walla Walla Meat
I o.. Walla Walla. 1 car of hogs; J. w
Chandler, Enterprise, Or.. 1 car of hogs:
O. M. Hendrlckson, Enterprise, 3 cars of
hogs; Vester Showman. Enterprise, 1 car
of hogs; Allan & Thompson, Echo. Or., 2
cars of 'mixed cattle and calves: J. W.
Chandler. Imbler, Or., 1 car of cattle; D.
W. Warnlck. Joseph. Or.. I car of hogs:
J. W. Chandler, Lostlne. Or., 1 car of hogs;
T. W. Chandler. Wallowa, Or., 1 car of
hogs; J. w. Chandler. Wallowa. Or 1 ca
of mixed cattle and hogs: S. Plnkham.
Nampa. Idaho, 1 car of cattle; J. N. Barry
Anderson. Cal.. 1 car of cattle; J. N. Barry!
Red Bluff. Cal., 1 car of mixed cattle and
calves; A. S. Hunt. Nord, Cal., 6 cars of
cattle; W. R. Bishman, Gazelle, Cal., 1
car of mixed calves and hogs: W. R. Bish
man. Davis, Cal.. 3 cars of cattle; D. Haines
Rosehurg. Or.. 1 car of sheep; H. Trow
bridge. Grand Dalles, Wash.. 5 cars of
cattle; M. J. Selver. Plymouth, Wash., 1
car of cattle; C. M. Stewart. Roosevelt,
Wash., 2 cars of sheep; Talbott fc Son., Lo
gan. Mont.. 1 car of hogs; W. S. Jenkins.
Hall. Mont., 1 car of cattle:
The day's sales were as follows:
Weight. Pounds.
23 cows mo $7.75
2 bulls 3210 5.00
1 bull 139H 5.50
"i steers 1173 g 10
27 steers 10S7 7.90
29 steers ...... . nso 7. so
6 heifers 94s 7 50
18 steers mo 8.25
22 cows 6 60
27 steers lu; s.ti
24 steers 120! S.10
1 cow 1120 6.50
25 steers HS2 7. SO
4 steers 105s 750
IS stears 1178 S.1.1
7 cows 1167 fi.25
S8 hogs 207 8.60
SO hogs 212 8.50
95 hogs 219 8.50
105 hogs . 189 8.60
1 hog 210 7.50
1 hog 370 7.50
10S hogs 1KB g.,-,0
t hog 390 7.50
10H hogs 17S 8.50
24 steers 1118 8.35
14 steers ....................... 1059 s.50
21 heifers 961 8.00
26 helf!rs 954 8.00
21 calves 217 9.00
23 calves 220 .00
1 cow 1360 7.50
1 cow i 1133 S.OO
The range of prices at the yards was as
follows:
Choice 3teers $7.75 !g 5S.B1
Good steers 7.25 7.50
Medium steers ................. 7.0O!3 7.23
Choice cows 6.5v( 7.00
Good cows tt.23 6i B.50
Medium cows 8.00 ft 0.25
Choice calves 8.00 9.01
Good heavy calves ............. G.50 7.50
Bulls 4.00 ir 0.00
Hogs
Light K.OOffji 8.60
Heavy 7.O0C& 7.50
Sheep ,
Wethers 4.nn9 5.00
Ewes 0.OO1771 4.50
Lambs : 6.00 6.50
Omaha Livestock Market.
SOUTH OMAHA, June 23. Cattle Re
ceipts. 2700; steady to strong. Native steers,
$ti.O0(ss.80: cows and heifers. $6.008.25;
Western steers. $(i.006.75; Texas steers,
$5.507.40; cows and heifers $4.507.00;
calves, JS.00S. 10.25.
Hogs Receipts, 7800. Steadv. Heavy. $8.30
ff8.45; light. $8.45r8.55; pigs. $6.007.50;
bulk of sales, $8.30lff8.55.
Sheep Receipts. 300. Steady. Yearlings,
J.OOfa'7.10; wethers, $4.5065.60; lambs.
SCOO-g 7.50.
Chicago Livestock Market.
CHICAGO. June 23. Cattle Receipts. 18,-
.. clJc"cl,l" Juc nigner. peeves,
$7.253.10; Texas steers, $7.O08.10; West
ern steers. $7.10(3 8.15; stockers and feed
ers. $6.00 8.10: cows and heifers, $3.80
8.40; calves. $8.75 9.50.
Hogs Receipts, ,43,000. Market, steadv
S?,oVron' L'Kht $S.S0gs.SO: mixed, SS.45
j.0.011; ur.ij, j..ng . ,,-; rough, $S.25D
V75 B-75'3'S C0: bulk of sales, $S.60
Sheep Receipts, 10.000. Market, strong
to 10c higher. Native, $4.605.65: W?t.
ern. $4. 751S5.65: yesrllngs. $5,5050 50:
lambs, native. 5.106.7o; Western, $5 25
Sd.70; Springs, S4.00T7.GU.
Wool at Ft. I.cuis.
ST. LOUIS, June 23. Wool Steadv.
Northern and Western mediums. 1718c;
slight burry, Jt6 51tjc; fine burry, 15Sf
STOCKS RALLY WELL
Saturday's Selling Proves
Have Been Overdone.
to
ENTIRE LIST MOVES UPWARD
Attempt of Shorts to Cover Reveals
Scarcity of Offerings Presi
dent's Currency Message Has
Xo Effect on Market.
NEW YORK, June 23. It was the opinion
of many traders today that Saturday's heavy
selling of stocks had been overdone, and
that there was no sound reason for such h
severe decline as that which brought last
week to a close.
There was in consequence a tendency to-w-ard
a recovery which was evident today as
soon as the market opened. Attempts to
cover revealed a scarcity of stocks. Nervous
ness of tho shorts was increased by the be
lief that Saturday's break was due principal
ly to a bear raid.
ay noon practically the entire list was
higher with gains running up to three points
in the case or union Pacific and Canadian
Pacific. In the latter half of the day. trad
ing grew dull and prices eased off gradually
irom the top.
Of influence In the improvement was the
Delief that the Interstate Commerce Com
mission's ruling in the freight rate case on
Saturday had received .too much emphasis
as a Dear factor.
President Wilson's message to Congress
on the currency question had no perceptiBle
tniiuence on the market. This was nrob
ably due to the fact that delivery of the
message was preceded by publication of the
currency bill Itself. It Is in the detailed nlan
sot forth In the bill that Wall street's chief
interest lies. Further slowing down In busi
ness was indicated by the fortnightly report
on idle freight cars. An Increase of nearly
n.u'JU idle cars was shown.
Bunds were firm. Steel 5's showed some
heaviness, falling to the recent low level.
iotal sales (par value) $1,050,000. Panama
vS s coupon declined Vs on call.
CLOSING STOCK QUOTATIONS.
Reported by J. C.
building, Portland.
Wilson & Co., Lewis
Closing
Sales. High. Low. Bid.
Amal Copper . . 2S.20O 04 i 02 Vx 63
Am Beet bugar 2-1
Am Can Co 7,300 27 25 2U-j
do preterretl ..... fc3
Am Car & fuy. . 5UO 41 40 41
Am Cotton Oil.. 4'JO 36 36 3(i
Am fcmel &. Ke &0l 61 61 61H
Am Sugar ,.. lubi
Am Tel & Tel.. 200 128 127 12b
Am Tobacco ... 200 215 215 213 li
Anaconda 6i 32 9i 32 1 32
Atl Coast Line.. 200 114a 114i 114
A T dc Santa Fe 2. 600 1)5 - 95 95
Bait &. Ohio ... l.boo 03 is 92 H 924
Brook R Inn.. 00O t7i oSl.s b6",B
Canadian Pac .. 11,000 216iB " 214V 215',.
C Sc O L0OU 57 o'Ji. 56 Vj
O & U W 200 lSli Un
C Ac N W 120 "3
C, M & St Paul. 3.200 102 1U1V 101
Central Leather ' 20
Central of N J 275
Chino 4,800 33 i 32 3274
Col Fuel & Iron 30U 27 9 20Ti 27 U
Col Southern ..... 30
Consol Gas , 128'4
D & K U 15-k
Distilling Secur. 12 Vs
Erie 4,200 i8 23 23
General Elec ..... 134
Gt North Ore .. . 1.900 31 29 S1H
Gt North pi' 3"0 1221, 121 121
Illinois Central. 5O0 109H 109 109
Interboro Met .. 600 15 35V 15
do preferred.. S.bOO 567 55 00
Inter Harvester. 200 105 I04 104
K C Southern.. 510 27 26Ltj 21
Lehigh Valley .. 3.600 1SOV4 148 '3 140
Louis & Nash .. 2W) 130 130 130
M, b P & S S M 20O 1241;, 123 123
Mo, Kan & Tex. 300 20 19 20
Mo Pacillc 2.30O 29 2S 29
National Lead ..... ..... 45
N If central ... 200 98 98 98
N Y, Out At Wes 70O 32 31 31
Nortolk & West 1.000 103 102 101
North America. 65
Nortnern Pac .. 1.300 107 106 106
Pacific Mail . 28
Pacillc T & T.- 28
Pennsylvania ... 6.SOO 110 .109 110
People's Gas " . . 7. . 109
Reading 46,400 157 155 156
Republic S & I , 18
Southern Pac .. 2,000 94 93 93
Southern Ry . . . 900 21 20 20
Texas Oil 99
Union Pacific .. 46.000 144 141 142
do preferred 90
U S Steel 43.600 52 El 51
do preferred.. 1.400 193 102 102
Utah Copper ... 2.000 41 40 40
Wabash 2
Western Union.. "o , 00- 60 60
Westing Elec ... 400 58 57 5S
Wisconsin Cent. l.Soo 43 -43 43
Total sales for the day. 2SS.211 shares.
Reported by Overbeck & Cooke Co., Board
ot Trade Building, Portland.
Bid. ABked.
. 93 94
. )7 t7
. BO 91
. 88 88
. 94 95
.99 3
. 54 55
.92 94 .
. 93 93
. 6S. 6S
. 74 74
. 93 94
65
. S3 84
. 91 . 92
. 92 92
. 87 8S
. 90 91
. 95 96
. 99 99
. 93 93
. 87 SS
. S7 9
..l'U 101
. 73 74
. SSI. 90
. 99 99
04
90
83 ......
.75 - 77
A ten Gen 4s
Atl Coast Line 1st 4s
B & O Gold 4s
B R T 4s
Ches & O 4s
C M & St P Gen 4,is
r R 1 Coi is
Cal Gas 5s
C B Q Joint 4s
Erie Gen 4s .............
Int Met 4 s
Louisville At Nash Un 4s..
Missouri Pac 4s
N Y C Gen 3 Vie
N W 1st Con 4s
Northern Pac 4s
Oregon Short Line Ref 4s
Oregon Ry Nav 4s ........
Pac Tel 5s
Penna con 4s
Reading Gen 4s
So P Ref 4s
S P Col 4s
Co R.r 5s
do 4s j-. ' .
T.'n Pac 1st and Ref 4s
U S teel 5s
West Shore 4s
Westlnghouse Elec cv 5s .
Wisconsin Central 4s
Western Pac 5s
Stocks at Boston.
BOSTON. June 23. Closing quotations.
Allouez . 30 iMlnml Copper .. 20
Amal Copper .. 00 Mohawk 4X
Am Zinc L & B. 19 INevada Con .
Arizona Com .. 2N!pissing Mines.
Bos & Corb Cop North Butte ...
ti Sll Mg ...-354 iNorth Lake .
Calumet "e Ariz 50Old Dominion ..
Calumet & Hec.405 jOsceola
Centennial . ... lOVilQuincy
Cop Rtt Con Co. 38 (Shannon .
43
8
24
1
4
75
50
7
22
2
22
35
40
7
40
1
44
E Butte Cop 11.
n' oujjonur ......
3, Sup A Boa Mln.
1 Tamarack . . . .
33;U S S R & M .
Franklin
Giroux Con ....
Granby Con . . .
Greene Cananea
jvI do pfd
Isle Rovale Cop 18.t"tah Con
Kerr Lake .... 3iL'tah :dp Co
Lake Cop 0 Winona . ..
La Salle Cop .. 3 V i Wolverine .
Money. Exehante, Etc.
XEW TORK, June 23. Money on call,
steady. 1 (it 2 per cent; ruling rate, 2;
closing hid. 1: offered at 2 per cent.
Time loans, easier; 00 days, 3(5-3 per
cent; 90 dais. 34 per cent; six months,
5tft'5 per cent.
Prime mercantile paper, R per cent.
Sterling exchange, firm, with actual busi
ness in bankers' bills at $4.83 for 0O-iay
bills and at $4.S7 for demand.
Commercial bills, $4.82.
Bar silver, 5sc.
Mexican dollars, 48c.
Government bonds, easy; Tallroad bonds,
lirm..
LONDON. June 23. Bar silver easy. 20d
per ounoe; money, 3&r3 per cent; rate of
discount in open market for short bills, 4
flll-ll! per cent; do, three months' bills.
4ii'4 7-li per cent.
SAN FRANCISCO, June 23. Silver bars
58c. Mexican dollars, nominal. Drafts, sight,
lc; telegraph, 4c. Sterling on Lon
don, 0 days, $4.83; do sight. $4.87.
Condition of the Treasury.
WASHINGTON. June 23. The condition of
the United States Treasury at the beginning
of business today was:
Working balance '. . $ 57.778.779
In banks and Philippine treasury 55 947 840
Total of general fund . 189.01l'o53
Receipts Saturday 4.431144
Disbursements 2!sil'964
The surplus this fiscal year is $14.450.'243
as against a surplus of $4,715,925 last year.
The figures for receipts, disbursements and
surplus exclude Panama Canal and public
debt transactions.
Coffee and Sugar.
NEW TORK. June 23. Coffee futures
opened steady at an advance of one point
on March, but generally unchanged to S
points lower, and sold off to a net loss of
about 4 to 11 points during the middle of
the day. Offerings were not particularly
heavy and prices rallied In the late trading
on covering of shorts or buying for reaction.
The close wss steady. July. 9.25c; September.
9.49c; October. 9.54c; December. .65c; Jan
uary. 9.09c; March. 9.7Sc: Mav. 8.S3c
Spot quiet. Rio, No. 7. !c; Santos, No. 4
llc. Mild coffee quiet. Cordova, lSlilOHc.
Raw sugar firm. Muscovado. 2.S3&2. 80c:
centrifugal, 3.33 3.B6c ; molasses, 2.583
2-Glc. Refined steady. Cut loaf, 5.15c;
crushed, 5.05c; mould A- 4.70c: cubes, 4.30c;
"XXXX" powdered, 4.50c; powdered, 4.45c;
fine granulated, 4.35c; Diamond A, 4.35c;
confectioners' A, 4.20c; No. 1. 4.10c
SAN FRANCISCO PltODCCE MARKETS
Prices Quoted at the Bay City for Vegeta
bles, Fruits, Etc.
SAN FRANCISCO, June 23. The follow-
ng produce prices were current here today:
Fruit Apples. 75c3$1.50; Mexican limes.
nominal; California lemons, choice, 38
8.50; common. $46; pineapples, $1.50u
2.50
Cheese New,
1413c; Young Ameri-
caa, 17 c.
Hay Wheat, $23 25: wheat
and oats.
$21.u0&22; alfalfa. $12014.
.butter r ancy creamery, 2Sc; seconds,
7c.
vegetables Cucumbers. ' 40fi75c:- green
peas, 3 4c; string beans, 2fij: 5c; eggplant
5 10c.
OnlonsNew, red. 50T65c per sack; yel-
ow, bow 75c per sack.
Potatoes New River whites. flflrft St fr.-
Early Rose. $l1.25; old, river Burb&nks.
auiff ioc; Oregon, laceysi; new. $101.50.
-r-gffs tatore. 221,sc: faucy ranch, 25c
Receipts Flour, 38,787 quarters: barlev.
2387 centals; potatoes, 1850 sacks; hay, HUS
tons.
Metal Markets.
NEW YORK, June 23. Conner, nominal.
Standard snot. 13.50c bid: June. 13.62c bid:
July and August, 13.62to 14.12c; electrolytic.
14. ouit!i5c; lake, 14. 1 oil 15.25; casting, 14.50
14.75c.
Tin. weak. Snot. 42.35c bid: June. 42,OOri3
42.25c: July and August, 42.2542.30c.
Lead, quiet, 4.3Uc bid.
Spelter, quiet, 0.05t 5.15c.
Antimony, dull. Cookson's, S.75t?r9.00c.
Iron, quiet. No. 1 Northern. 416vr 10.50:
No. 2 Nurthern, $15.75016.25: No. 1 South
ern. $15,504 16; No. 2 Southern, soft, $15.50
io-
London markets closed:
Copper, firm. Spot 62 17s 6d; futures, 63.
Tin, easy Spot, 193; futures, 193 15s.
Spelter, 21.
Lead, 20.
Iron, Cleveland warrants, 53s 6d.
Wool Listed for London Sales.
LONDON, June 23. The listing of wool
for the fourth series of auction sales closed
with today's arrivals, as follows:
New South Wales. 30.000 bales: Queens
land. 10.000; Victoria, 18.000; South Aus
tralia, 8000; West Australia, 3000; Tasmania.
sooo: New Zealand. 125.000; Cape of Good
Hope and Natal, 62.000.
Of this stock 78.000 bales of Australian
and 54,000 Cape of Good Hope and Natal
were forwarded direct to spinners, making
tho net available for the sales (.including
49,000 old stock) 171.000 bales.
Good Prices at Madras Wool Sale.
MADRAS. Or.. June 23. At the wool
sales in Madras today a large number of
growers sold about 600,000 pounds. Prices
generally were satisfactory. For fine
wool the highest price was 14 cents, and
Tor coarse wool the highest was 3 6 cents.
The Baldwin Sheen Company's cllo of
140.000 pounds sold at 14 cents: the
Black Butte clip of S0.00O pounds brought
1 cents.
Secretary Hoke, of the Oregon Wool-
growers' Association, has organized a local
association for Central Oregon.
New York Cotton Market.
NEW TORK, June 23. Spot cotton closed
quiet. Middling uplands, 12.30; do Gulf,
12.55. Sales. 2430 bales.
Futures closed steady, 4 to 11 points lower.
June, 11.97: July. 12; August, 11.90: septem
ber. 11.61; October. 11.42; November. 11.35
December. 1L40; January, 11.35; February,
11.37; March, 11.45; May, 11. 40.
NEW ORLEANS, June 23. Spot cotton
quiet, unchanged. Middling. 12 9-16c; sales.
lu ualee.
Hops, Xtc, at New York.
NEW TORK, June S3. Hops steady State
medium to choice, 1912, 14;'i'19c; 1911. 9fo
14C; Pacinc. 1912. 1&I&J0C; 1911. 11S14C.
Hides firm. Bogota, 29 jj 30 c ; Central
America, 29 c
Petroleum steady. Refined New York,
duik, $0: barrels, $s.7(i: cases, $11.
Wool steady. Domestic fleece, "XX" Ohio,
A I C.
Dried Iruit at New York.
KEW YORK, June 23. Evaporated apples
steady, fancy 7Sc; choice, 6'8c;
prime, 5 0.6c.
Prunes firm, California s. 3 12c; Ore
gon, 5ig Sc.
Peaches quiet, choice, 6?i6c; extra
choice, 64i7c; fancy, 77c.
Naval Stores..
SAVANJJAH, Ra.,
firm. 39. Sales
June 23. - Turpentine
1004: receipts, 9SO;
shipments. 2910; stocks. 21.138.
Rosin firm; sales :i:;3; receipts 2537;
shipments HS77; slocks 110,917. Quote
Ah 80O; Cd K90: E 405; Ff:h 413; T 420; K
455; M 515; N 5S5; Wg 025; Ww 630.
Duluth Linseed Market.
DULUTH. June 23. Linseed. $1.33: Julv.
$1.31; September, $1.34; October, $1.33
asked.
ChlcHSo Dairy Produce.
CHICAGO. June 23. Butter, unchanged.
Eggs, unchanged: receipts. 13,611 cases.
Hops at London.
LIVERPOOL. June 23. Hops at London
Pacific Coast, 4 10a at 5 10s.
Klgln Butter Market.
ELGIN. HI.. June 23. Butter, firm.
J7c.
PRODUCERS' DAY CHANGED
Hood River Arranging for Manu
facturers or Oregon.
HOOD RIVER, Or.. June 23. (Spe
cial.) Instead of on Friday, July 25, as
was formerly planned, "Home Products
and Oregon Manufacturers' Day" at the
Second Horticultural Chautauqua of the
Hood River Valley will be held on Sat
urday. July 26.
Mrs. Edith Tozier Weatherred, who
has been touring the state in the inter
est of the Oregon Manufacturers' As
sociation, was here last nisrht. confer
ring with C. NT. Ravlin, manager of the
Chautauqua, and making ready for the.
meeting here of the manufacturers who
will come from all parts of the state.
The day is changed in order that the
visitors may be permitted to remain in
the Valley on Sunday.
CORN AREA IS DOUBLED
Railronrt's Distribution of Seed Adds
to Hood River Crop.
HOOD RIVER, Or.. June 23. (Spe
cial.) The free distribution of seed
corn by the O.-VC. R. & N. has been ef
fective here in causing a large acre
age of this cereal in the) valley, the
crop being double that of any former
year. Every rancher . who had any
available land secured some of the seed
and is now tilling his corn patch.
In former years ranchers have se
cured seed from the dry regions of
Idaho and have succeeded in raising ex
cellent crops, the yield running as high
as 60 bushels to the acre.
POTATO PROSPECT BETTER
Hood Kiver Merchant Contracting
for Tubers at $1.
HOOD RIVER, Or.. June 23. (Spe
cial.) Although many potatoes plant
ed by local ranchers last year are still
in the ground and will never be dug,
growers who have planted large acre
ages this year are looking for good
prices. . VV.. H- Rhodenhlser. an Tapper
Valley merchant and farmer, is al
ready making contracts for 25,000 bags
of tubers at. $1 a bag. .
Potatoes grow well on the newly
cleared land, here and new potatoes are
in the market supplying the demand of
local consumers.
Beach Travel Accommodated.
BAY CITY. Or., June 23. A motor
car was installed for service on the
Pacific Railway & -Na-viRation run
ning between Mphler and Tillamook, to
accommodate the beach travel. This is
the first motor car to be put in service
in this territory., and. it is attracting
favorable comment.
WHEAT YIELD BIG!
Harvest Returns From Ne
braska Break Records.
SLUMP IN CHICAGO MARKET
Early Reports of Damage in South
Dakota Contradicted in Part
Corn Ixjwer Because
Relief From Drouth
of
CHICAGO. June 23. Assertions that the
Nebraska harvest was showing the largest
average yield per acre ever known East of
the Rockies caused a. sharp break todav
In the price of whe:t.. The market closed
nervous. c to i&c under Saturday
night. Latest trading left corn Blc
down and oats ofT 1c to lc. For provisions
the outcome was a net advance of 2V.fw5
27 c.
In contrast with final developments, wheat
early displayed considerable strength. The
nrmness came about through . statements
from experts that a big section of South
Dakota had been damaged 50 per cent and
threatened to become a total failure. Later.
however, good authorities contradicted the
damage reports in regard to at least a part
of tho ground spoken of.
primary receints of wheat were nn nnn
bushels, against a holiday a yer ago. Ex
port clearances of wheat and flour eoualed
S38.000 bushels.
General rains covering the chief nrortnr-
Ing states and affording relief from drouth,
made the corn market sink. A notable In
crease in stocks on hand tended also to en
courage soiling.
ideal weather for the growing croo nut
oats under bear control. Besides, the visible
suppty increase was heavy.
rnnuentlal buying lifted orovlslons. Bui
ness, however, did not reach a large total.
The leading futures ranged as follows:
WHEAT.
Open. High.
. ..$ .904 $ .91
... .91 .91
Low.
$ .90
.90
.93 '.5
Close.
$ .9')
.90
.93
July
Sept.
Dec
. .. .91 .94
CORN.
... .60 .60
... .1 .61
... .58 .5S
OAT3.
... .40 .41
... .41 .41
... .42 .42
MESS PORK.
July
.59
.0
.57
.K9
.60
.57
Sept.
Dec.
July
Sept.
Dec.
.40
.40
.41
.40
.40
.41
July
Sept.
...20.80 20.97
...20.45 20.70
LARD.
...11.12 11.17
...11.27 11. S2
...11.35 11.40
20.80
20.45
20.87
20.70
July
Sept.
Oct.
11.12
11.27
11.32
11.17
11.32
11.44
SHORT RIBS.
...11.77 11.82 11.77
...11.75 11.80 11.75
.. .11.55 11.65 11.55
July
fcept.
Oct.
11.80
11.80
11.05
Cash prices were:
Corn No. 2, 60 "2 61c: No.
3 white.
"S ' lc; No. 2 yellow, 60 6tic; No.
o. o'j(3.u3,c; o. 3 white, 60j.61c: No.
3 yellow. 0S61c: No. 4. EOiK&BOn: x-n t
white.
59 BOO He; No. 4 yellow, 69 a 00c
Rye
No. 2. 61c.
Barley 50 66c.
Timothy i3.50 4.50.
Clover Nominal.
Visible Supply of Grain.
NEW YORK, June 23. The visible supply
of grain in the United States Saturday. June
. as compiled Dy the New York Produce
exenange was as follows:
Bushels.
Wheat 31.H72.0OO
Wheat in bond 3.777,000
Corn 9, 08.;, 000
Oals 12.027.0OO
Oats in bond 825,000
Rye 3SD.00O
Barley l.Otifl.ooo
Barley in bond 147.000
Decrease.
1.5"2.000
22.000
2,351.000
279,000
299.000
33.000
2H.0O0
7,000
Increase.
Minneapolis tirain Market.
MINNEAPOLIS. June 23. Close Wheat,
July 90c; September, 92-; December.
94 iff 94 '.-iC.
Cash No. 1 hard. 02c: No. 1 Northern.
91 43 92r: No. 2 Northern. S090c;
No. 2 hard. Montana, &94j90c; No 3
wheat. 87'.S8c. -
Flax $1.51 'is 1.31 : barley, 4849c.
Kuropean Grain Markets.
LONDON, June 23. Cargoes on passage
quiet.
LIVERPOOL. June 23. Wheat Spot,
steady. Futures, steady. July. 7s 6d; Oc
tober. 7s 3d: December, 7s 4d.
Weather In England unsettled.
San Francisco Grain Market.
SAN FRAXnSCO, June 23. Spot quota
tions Walla Walls. $1.62 & 1.63 ; Red
Russian, $1.60ri 1.02 : Turkey red, $1.72
eil.73: bluestem, $1.7241.73. Feed bar
ley. $1.3.V 1.37 ; brewing, nominal. White
oats. $1.52 bid. Bran $27.00 ii 27. 50 Mid
dlings, 32.0032.rO. Shorts, $28.00 26. 00.
July barley. $1.33 bid, $1.38 asked.
Call bo:ird Wheat, steady. No trading.
Barley easy. December. $1.49; May, $1.42;
July, $1.33 bid. $1.38 asked.
Puget Sound Orain Market.
TACOMA, June 23. Wheat Bluestem. 97
?98c; forty-fold, 94c; club, 93c; red fife.
far receipts
3: hay. 7.
-Wheat. 21; barley. 3:
SEATTLE. June 23. Wheat Bluestem.
94c: forty-fold. 92c; club, 91c; fife, Ooc;
Red Russian. 90c.
TIMBER FOR SALE SOON
Millions of l-'eet in Crater Lake
Kegioii to ; to Bidders.
KLAMATH FALLS, Or.. June 23.
(SpeciaL) One hundred and twenty
five million feet of timber is to be
offered for sale in the Crater Lake
National Forest Reserve at an early
date. Forest Supervisor Erickson is
here from Medford to complete the
arrangements for this sale, which will
then be advertised.
It is thought that local mills will
purchases the entire lot, as the large
lumbering companies can buy indi
vidual holdings for less money than
the Government asks for stuinpage.
Bitulithic
is friendly
to horses
and automobiles
o.
J.C.WILS0N & CO.
STOCKS, BONDS. fiRAIV AND COTTON.
MEMBERS
NEW YORK STOCK EXCHANGE,
NEW TORK COTTON EXCHANGE,
CHICAGO BOARD OF TRADE,
THE STOCK AND BOM) KX. CHANGE.
SAN iKANClaCO.
v PORTLAND OFFICE:
Lewis Building, 269 Oak Street.
Phones Marshall 4120. A 4187.
We Own and Offer the Unsold Balance ol
$70,000
City of Albany, Oregon
. 696
Improvement Bonds
Dated April 1, 1913 Denomination $5C0 Each
Principal and Semi-Annual Interest
Payable at the Fiscal Agency of the
State of Oregon, New York City
Albany is the County Seat of Linn County and one
of the most substantial, well-established, prosperous
communities in the Willamette Valley.
These bonds are similar to CITY OF PORTLAND
IMPROVEMENT BONDS and are applicable as
security for Postal Savings Deposits as well as for
State and County Funds in Oregon.
We unhesitatingly recommend the same as a very
safe and attractive investment.
Descriptive circular containing detailed informa
tion, price, etc., furnished upon request.
MORRIS BROTHERS
RAILWAY EXCHANGE BUILDING
PORTLAND
LADD &TIL.TON BANK
Established. 1859.
Capital Stock ...........,...$1,000,000.00
Burplus and Undivided Profit". ......... 1,000,000.00
Commercial and Savings Accounts
Letters of credit, drafts and travelers' checks issued, available
in all parts of the world.
OFFICERS,
!Y- M. Lad 4. President. Robert S. Howard. Asst. Casals
Kdward Cookina-ham, Vloe-Praa, J. W. Ladd. Asst. Cashier.
n . H. Duncitley. Cashier. Walter M. Cook. Asst. Cashier.
First National Ba
Capital $1,500,000
Surplus 900,000
Oldest National Bank West of ths
Rocky Mountains
CORNER FIRST AKD WASHINGTON STS.
(1 H la i tZZ"
Sailings from
So LA
LA PROVENCB July
r
LA 1XIKBA1NK Inly 17 LA 1.0KKA1XE Aug. 7
tFKANCE (new) July 24 1.A 1'KUVENC'K Aug. 14
Twin-screw steamer. tvluadruule-screw steamer.
SPECIAL SATURDAY SAILINGS FROM NEW YORK. S P. M.
ONE CLASS CABlN (II) and IH1BU-CLASS Passengers Only.
Masara June 21 Chicajto June 28 Kochambeau. . . July 5
C. . Minger, 80 tith. t. ; A. 1. uarlton, 33S Morrison t.; J. O. Thomas, C.
M. & St. P. By.; Dorsey B. Smith. 6 -J 5 111 St.; A. C. Sbeltlon, loo 3d t. ; H.
Dickson. 123 3d t.: North Bank lioad, itli and Sturk sts.. aeents. Portland.
The smaller companies, by purchasing
from the Government, are assured of
a supply lasting over several years
and the outlay in ready money is not
so great as if they were to buy that
much timber outright. These sales are
having a depressing effect on the price
of timber lands held by private in
dividuals. ESTABLISHED 1894
$ox?), $acoti $L "5avis
iSngmeers
ACT AS
CONSULTING ENGINEERS
CONSTRUCTING ENGINEERS
OPERATING MANAGERS
APPRAISERS
PROPERTIES FINANCED
58 SUTTER ST, SAN FRANCISCO
NEW YORK NEW ORLEANS
TRAVELERS' GUIDE.
AUSTRALIA
TAHITI AND NEW ZEALAND.
Round Trip Kate: 1st cliiss to Tahiti $135,
to Wellington $2t.50, to iSydney :iOO.
bpeclal Pacific Ocran Tour (including
South Sea Ibles) to Sydney via TahiU. llaro
tonga. and New Zealand and returning to
i.r. Francisco or Vncourer) via Auckland.
Fiji or Sumo, and Honolulu, 1st cUsv.
Ktop'overs any point, good one year. Sail
ings from San Francisco Juno 25. July
August 20, eta ,
In ion Stamnhip Co. of New Zealand, Ltd.
Office: 079 Market Street. San Francisco-
EXPKESS STEAMERS FOR
San ITanclaco and Loa Angeles
WITHOVT CHANGK.
S. S. ROSE CITY Sallu S A. M. June 26.
S. S. BEAVKR duly 1.
THK SAN FRANCISCO PORTLAND 8.
S. CO.. Ticket Oftire Sd and Washing
ton. With O.-W. K. ii N. Co.
Phone Marshall 4500, A 6121.
UAH1A, BIO DE JANEIRO. SANTOS.
UJ1M IlltU AttO KOSAKIO
Large, New rd Fast Passenper Steamers from
New York ererjr alternate Saturday.
Tor rntea.ete apply local ticket Agents. or
Comp&gme
Generals Transatlantlque
Direct Lin to Havre-roxia (France)
New York every Thursday at 10 A. M,
SAV0IE Thursday. July 3
10 LA SAVOIE July 31
TRAVELERS- OCIOBV.
EXCEPTIONAL SECOND
ACCOMODATIONS
BY BOSTON SERVICE
The S. S. (XKVELAND. CrNCIlV
NATI and BUfclilER are chips of
unusual tonnage, providing; spacious
cabins, staterooms, and deck space.
Tho Second C;ibin accommodations
compare favorably in comfort and
luxury with, the first cabins of Tea
sels of less tonnage.
From BOSTON to
LONDON P.VKIS HAMBURG
Cincinnati July 13
Cleveland .................. .July 29
Cincinnati Ausutit 16
Cleveland September 12
Hamburg-American Line
180 Powell St., tan Francisco, Cal.: South
ern pacific Co., so 6th St.; O.-W. R. N.
Co., Nor. Pacific, D. & R. G. R. R.. Burl
ington Route, Milwaukee & Puget Sound
P.. R.. Orsat Northern Railway Co.. Dorsey
B. Smith, 09 8th St., Portland. Oreeon.
San Francisco, Los Angeles
and San Diego Direct
S. S. Roanoke and S. S. Elder.
Sail L"very Wednesday Alternately at
ti I. M.
NORTH PACIFIC S. S. CO.
ISt: Third St. Phones Main 1314, A 1311.
LOS ANf.F.I.KS ANI SAN IIK.)
BTEA.MSMll'S VALE AND H A flV ART
Railroad or nny stesmer to an Francisco.
t'ie lixpo Ci'y. Urutiit, fastest and the
ONLY strictly f iriit-i-luss passtns-r ships on
the Cdst. Avcr.B t-ped mi'ics u-i
hour; cost xJ.uun.ou J ejeh.
SAN FRANCISCO. I'OKTLAN I I.. A.
S. N. CO..
Main 20. Irani. Uollain. Agent. A 4508.
Third Strevt.
COOS BAY LINE
bTEAMSUIP "BitAKW lTir
ails from Albers Dock, No. 8, Portland, at S
A. jA. J una 4. d. 14. 19, 24. 20. July 4. a.
14, 19. --:4. 2B, thereafter every five day, a
A. M. Freight received dally until 5 P. M.
except day previous to sailing, previous day
4 P. M. Passenger fares: First-class, llo;
second-class. $7. including berth, and meaia.
Ticket office at -Albers Dock No ft
rOKTLAMl Jt COOS BAY S. S. LINE. U
H. K LATINO, Aj;eut. Phone Main 5863,
A 611L
Drain-Cocs Bay Auto Line
Now Daily to Itfarshfield.
Wire reservations to O. Mattoon
Drain, Oregon.
CLASS