THE MORNING OKEGQMAN, FRIDAY, JULY II, 1913.
OLD HOPS BOUGHT
Foreigners Laying In Supplies
on This Coast.
MAY BE SHORTAGE AT HOME
Contract -Market Firm at 15 Cents
Willi Several Dealers Operating.
More Activity in California.
Europenn Prospects.
A Ktrongcr demand lor old hopB of the
1P12 and 1M1 crops has developed within
the past few days. As this demand has its
origin In England, the inference is that the
crop outlook abroad is not what it should
be and that the supplies are being laid in
gainst any possible deficiency in the coming
yield.
The. Jacobson croD of 1S3 bales of 1912s
was bought yesterday at lv cents and
deals were pending for the purchase of other
pot lots. In California, where the de
mand was equally good. u. 300-bale lot of
Sonoma of the 1911 crop changed hands
at 12 cents. In the Sacramento section,
according to a wire received in the after
noon, there were a number of offers of 14 V4
to 15 H cents for the current crop, but hold
era asked 16 cents. Many sellers have with
drawn their hops there. Unsold stocks in
California are now estimated at 1600 bales.
Various reports were in circulation as to
operations in the contract market, in this
state, but much secrecy was maintained as
to the persons involved in the transactions.
It is known that several hundred bales were
obtained during the day and at least three
firms wera operating. The price offered and
paid was 15 cents. Among the lots signed
up were 200 bali-s each of the Walker and
Mclaughlin crops, by Lachmund.
A feonoma wire reported that hot winds
had cut the quantity, but helped the quality
of the hops in that section. : .The market
was strong, with 15 cents freely offered. A
Sac-arr.ento telegram said:
'Vermin are decreasing on account of hot
winde. Lice and red spider are on some
vines. Few are spraying. Think 100.000 Is
lair estimate of crop; rather think less than
unore. Contracting at 15 cents, but few
interest? r1."
The following London cable was received:
"Sir.co last report crop is not so promis
ing. 'Weather too cold. Lice neither In
creasing nor decreasing. Market unsettled.
Imports fchow a decrease, exports an in
crease." An Austrian cable said the weather was
unfavorable, with lice rapidly Increasing in
Bohemia and growers alarmed. A German
cable reported little vermin In the yards and
the hops fcrward. In Belgium vermin is
on the Increase.
IAKMER8 'OT PKKSSIXG WHEAT SALES
Iealer- Look for i'reer Movement After
Harvest pot .Market Iull.
Wheat farmers are not pressing sales of
the new crop, but-In the aggregate a fair
amount of business has been transacted,
which Is now showing up. Much of this
contracting has beeu dona on the basis of
0 cents, delivered here. The impression
prevaljs In the trade that after harvest
there will be a free selling movement; of
wheat. The spot market is dull and a lit
tle easier. Club is quoted, now at 00 to 01
cents. But for the extreme lightness of
stocks, prices of old wheat would, no doubt,
r-e nearer the new crop level.
The barley market is slow, with no con
tracting reported. According to Eastern
.dvlces large atocks of barley ara -being oar
iled by roalsters and dealers and this fact
tends to offset the Influence of the bullish
crop situation.---
Local receipts, in cars., were reported by
the Merchants Exchange as follows:
Monday Whfat FI5ur- - HaJ
Tuesday 3 1 J 4
"Wednesday ... 'a 2 '
Thursday-...- -4 ' a ' 11 'i o
Vear ago .... 10 4 :I
Sea'n to date. 121 Oil r,jt 34 4'9
Year ago ... 1U8 qq i0 jjj
ADVASCE IX SIGAR IS EXPECTED
Lantern Markets Continue to Biae and ..Coast
May Follow.
There was another 10-polnt advance In
sugar prices, in the Eastern states yester
day, which makes it probable that Coast
prices will be raised today. New York mail
advices say of the sugar situation:
"The- country Is taking sugar actively on
contracts and the refiners are not catching
up In deliveries, being taxed to meet the un
expected rush. Distributers find the hot
weather a strong ally In their business,
for aside from the preserving demand there
is the consumption of sugar IncMental to
the manufacture of ice cream and soft
drinks. New business is naturally light;
for the trade Is taken care of for some
weeks to come a month according to esti
mates 'n local quarters. All refiners are
firm at 4.50c but this price will not become
effective until supplies are further depleted."
COOL WEATHER CHECKS FKCIT TRADE
Cantaloupes Are Brat Sellers Car of Yellow
Peaches I)ue Today.
Tho-unsettled weather of the past two
iaya noa not helped the fruit trade, tout
receipts have been light, and prices have,
In most Instances, been well maintained.
Cantaloupes have, sold freely, and If the
weather turns warmer watermelons will
also become active.
Peaches, plums and most deciduous fruits
were scarce yesterday, but a car each of
yellow peaches and plums will arrive today.
Five cars 'of bananas were distributed lti
good condition, considering the hot weather
they have been through.
Country Protluce Lines Firm.
The country produce market was lightly
supplied and firm throughout. Chickens of
all sires cleaned up readily at the higher
prices quoted on tho preceding day. Coun
try dressed . meats were also firm.
The egg market has a strong undertone,
as the. demand is in excess of the supply.
There were no new developments in the
butter or cheese markets.
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as follows:
., j ' Clearings. Balances.
ortland ?i.7t',o.N4l jjso.ios
Seattle S.lS-1.3:so S83.2A0
Tacoma . . 501.001 53,41)4
fcpokane 011.406 x 00,057
PORTLAND MARKET QUOTATIONS.
. Grain, Flour. Feed. Etc.
WHEAT Track prices: club. 9091e
bluestem, 84Dc; red Russian, 89c; valley'
sic. '
OATS No. 1 white. $39 per ton; stained
and off grade, less.
FLOUR Patents, 4.70 per barrel;
straights, 14.10; exports, $3.853.9S; valley,
4.10; graham, $4.60; whole wheat, 44.80.
CORN Whole, $28.50; cracksd. S28.50 oar
ton.
MILLSTVFFS Bran, $24.502S per ton;
shorts. J28.50ijf27 per ton; middlings. $31
per ton.
BARLEY Feed. KS 23.50 per ton; brew
int.";iln,; tolled. 27(28 per ton.
Ell5tern Oregon timothy, choice,
18tfl9 pit ton; alfalfa. $13 14.
Fruits and Vegetables.
Local Jobbing quotations:
TROPICAL FRUITS Oranges. 14.50
s per box; lemons. $8.50 10 per box: pins
apples. 7c per pound.
ackNIONS and yellow- 1.101.25 per
VEGETABLES Artichokes, 75e per doxen;
asparagus. Oregon. 60c3l.oo ner dozen:
oeans, 4 (g. 60 per pound: cabbage, lu3c
' 1 " . - per crate; corn
JOe per dosen; cucumbers. $1.01.73 per
box: eggplant. 2fio pound; head lettuce. 35
aosen; psas, 35o per pound: pep
pers, 17 4 6V0j per pound; radishes, 1012c
per dozen; rhubarb, l2-0 per pound; spin
ach. 75o per box; tomatoes. $1.251. B0 per
Kanic. mso per pound.
POTATOES New California. lHSo per
pound.
liKBEN FKUrT Apples new. J1.2B Per
box: old, nominal; cherries, 4rl0c per lb.:
gooseberries, 4 oc per pound; apricots, $1.25
fol.&O per box; cantaloupes, $1.75ru 2.25 per
crate; peaches. 0c$l.llo per box; water
melons, l?il3iC per pound: plums, $1.50 per
box; raspberries, $11.23 per crate; logan
berries. $1.1.25 per crate; blackberries, lOo
per pound.
Dairy and Country Produce.
Local "jobbing quotations:
POULTRY Hens. 14c; Springs. 20c: tur
keys, live. 1620c; dressed, choice, -426c;
ducks. 1012c; geese, young, 12c.
EGGS Oregon ranch, case count, 28 (S 24c
per dozen; candled, 26 28c per dozen.
CHEESE Oregon triplets. 16tso; Daisies,
11c; loung Americas, lgc.
BUTTER City creamery butter cubes,
30c per pound; prints, 32c per pound.
PORK Fancy. 11 all 140 per pound.
VEAL Fancy. 14&14o per pound.
Staple utucenet.
Local lobbing quotations:
SALMON Columbia River. one-pound
tails, 3.25 per dozen; halt-pound flats.
$1.40; one-pound flats, $2.45; Alaska, plnlf
one-pound talis, 85c; silversldes, one-pound
tans, si.zo.
HONEY Choice, $3.253.75 per lase.
.1UTS Walnuts. 18c ner nound: Brazil
nuts, 1215c; filberts, 1515o; almonds,
18c; peanuts, S5c: cocoanuts, 00cIl
per dozen; Chestnuts, 11c per pound; hick-
orynuts. esioc; pecans, 17c: pine, ivvxoc.
BEANS Small white. 6.o: large white.
6.90g6c; Lima. 6.30c; pink, 4.15c; Mexican,
6c; bayou. 4.15c
SUGAR Fruit and berry. $5.35: Honolulu
plantation, $5.80; beet, $5.15; extra C, $4.85;
powdered, barrels, 85.60; cubes, barrels,
$5.70.
COFFEE Roasted, In drums, 18 935a per
pound.
SALT Granulated, $14 per ton; half
ground 100s. $10 per ton; 50s, $10.75 per
ion: aalry. $12.50 per ton.
RICE No. 1 Japan, Si&SVic: eheapar
grades, 4c; Southern head, 564tc
CRIED FRUITS Apples. 10c per pound;
apricots. 1214c: peaches, 8llc: prunes,
Italians. 8 (a 10c: silver. 18c: figs, white ana
black, 6'7c; currants, 9c; raisins, looss
Muscatel. B'iS'ilc; bleached, Thompson,
llc; unbleached. Sultanas, 8Vic; seeded,
TH8V4c; dates. Persian, 7 MO 8c per pound;
fard, $1.63 per box.
FIGS Twelve 10-ounce, 85c: 60 C-ounce,
$1.85; 70 4-ounce, $2.60; 30 10-ounce. 12.25;
loose, 60-pound boxes. 6ft 7o; Smyrna,
boxes, $L101.25; candled. (3 per box.
. Provisions.
Local Jobbing quotations:
HAMS 10 to 12 pounds. 21 22c; 13 to
14 pounds, 21 22c; picnics, 14Vc; cottage
roll, 17fcc
BACON Fancy, -3031o; standard, 250
26c; English, 2122c
LARD In tierces, choice, 14Vic: com
pound, 9"4.c
DRY SALT MEATS Regular short clears,
143 4' 16c; short clear backs, 12 to IS lbs.,
16 & 16 tic; short clear backs, 18 to 25 lbs.,
liJl-lti'ic; exports, 15(e17c. N
BARRELED BEEF Extra mess beef,
$20; mess beef. $2U; Plata beef. $U2; rolled
boneless beef. $30.
BARRELED PORK Best pig pork. $27;
pickled pork, $25.
Hops, Wool and Hides.
HOPS 1912 crop, H16o per pound;
1913 contracts, 15c per pound.
PELTS Dry. 10c; lambs, salt shearling,
20&;5c.
WOOL Eastern Oregon, 11 16c; val
ley, 184fl9c per pound.
GRAIN BAGS Selling price. .10c Port
land. HIDES Salted hides, 10llc per pound;
salt kip, lS&iac; salted calf, 1617c:
green hides, lOl&lOVic; dry hides, 2122o;
dry calf No. 1, 2Dc; No. 2, 20c; salted
bulls 8c.
MOHAIR 1913 clip, 31c per pound.
Linseed Oil, Gasoline, Etc,
LINSEED OIL Raw, . barrels, 68c; boiled,
barrels, ole; raw, cases, 64c; boiled, cases,
66c.
OIL MEAL F. o. b. Portland works: Car.
$35' 3' 10"tOD lotB 3' toa lou
TURPENTINE Barrels. 62c: cases. 85a.
COAL OIL Cases, 1720V.o; drums
and barrels, 10 ix 13 Vs c.
GASOLINE Cases. 23o; bulk, 16c.
YARD SUPPLY IS SMALL
OXLY TWO TjOADS RECEIVED
AT XOKTII PORTTjAIiT) .
COFFEE OFF AGAIN
Market Loses Nine to Thirteen
Points at New York. ,
HeWover Cattle Sell Within Former
Range of Prices Conditions in
Otlier Iiincs Unchanged.
Livestock trading at. the North Portland
yards was reduced to small proportions yes
terday. About two loads of hold-over cat
tle were sold and this was all the business
transacted. Except one load of good cows,
most of the offerings were of lower quality.
Price conditions In general were not
changed.
The arrivals were the smallest for sev
eral weeks, consisting of only las hogs
and 50 sheep, which were sent in by George
Zimmerman, of Yamhill, and A. Morrow, of
Madras.
The sales In detail were as follows:
' . Weight. Price.
16 steers 890 $6.50
6 Bteers and cows............. 5io 623
4 yearling beeves 652- s!50
15 cows do:! 6 75
2 cows '. 880 6.25
The range of prices at the yaros was as
follows:
Choice steors- $7.75!8 25
7.25 7.75
7.007.25
......... 6.507.25
6.2&c6.50
'. 6. 00 as.'.; 5
FEELING AT CLOSE STEADY
Good steers
Medium steers ......
Choice cows ........
Good cows
Medium cows
Choice calves 8.00 & 0.00
"VU "j twvci O.OO(ipT.50
Bulls 4.00 1 6.00
Hogs
Light 8.75W.10
Heavy 7.25&S.10
fcheep
Wethers 4.004.&0
Ewes 3.004.00
Lambs , 5.00 p 6.00
Omaha Livestock Market.
SOUTH OMAHA. July 10. Cattle Re
ceipts. 14H5; market, steady. Native steers.
$i.2ufc'S.75; native cows and heifers, S5.25
8.00- Western steers. $6&7.G0; Texas steers
5.5Q&7: ranjre cows and heifers. $4 M 0.50;
calves. $7&.50.
Hogs Receipts. SSO0; market, lower.
Heavy, $S.60 S.75 ; light, $8.75 &8.8D: pigs,
86WS; bulk of sales, $S.6548.7j.
Sheep Receipts. 446:1; market, lower.
Yearlings. $5 6; wethers. $44i.4.65; lambs,
$1,5018.20.
Chicago Livestock Market.
CHICAGO. JUW 10 Hnci T? aroln.,
000; market, slow, generally 10c under yes-
average. nuiK or sales, $s.90 9.05 :
light. $8.S0(i 8.174 ; mixed. s.70i& 9.15;
heavy, $S.6C n 8.07 Va ; rough, $8.50 to S.70 ;
pigs. $7.25 9. "
Cattle Receipts, 5500; market, steady to
shade lower. Reeve ST u in- T-o-ao
steers, $7WS 20: Western steers. $7.S0S.ao,
oii.vncio iiriu .leeaers, a.ogt: cows and
heifers. $3.908.50; calves, $SlO.30.
Sheep Receipts, 17.000; market, steady
to 10c under yesterday's close. Native
sheen. SU liff't dr.- v.'.ct... i -ikk
yea-rlings, $u.u07.30; lambs, native,, 0.2u
SAN FRANCISCO PRODUCE MARKET
Prices Quoted at the Bay City for Veeeta
bles. Fruits, Ktc.
SAN FRANCISCO, July 10. The follow
ing produce prices were current here today:
Fruit Apples, Gravenstelns, $1.25 1.85;
Mexican limes, $8ffll; California lemons, $7
at; common. $4g6; pineapples, " $1.25 a
2.25..
Cheese New, 144 13c; Young Americas.
17 Vic
Hay Wheat. $23 25: wheat and oats
$21.50022; alfalfa, $14-.601S.
Butter Fancy creamery, 2SKc; seconds
2Sc.
Vegetables --Cucumbers. 25 40c; green
neas. tf4Uc ,1rin, t,An 11..41-.
- r - , u 7-1 OK K
plant, 63C5J $1.50. ' 8S
onions New, red, 65 75c per sack; yel
low. 65 75c per sack. -v
Potatoes New River whites, $11.50;
Early Rose. 75c$l; Oregon, 85c$l; new.
$1.251.7o.
Eggs Store, 22t4c: fancy ranch, 24Vfcc
Receipts Flour. 90 quarters; barley.
2105 centals; potatoes, 1400 sacks; hay, S94
tons.
Metal Markets.
NEW YORK. July IO. Copper nominal;
standard spot, 13.50 bid; August 13 50
14.25; September. 13.65 14.10; electrolytic,
14.5014.75; lake, 14.00 14.70; casting,
14.25!i3)14.50.
Tin firm: spot to September, '39.37 39. 67.
Lead quiet, 4.30S 4.40.
Spelter steady. 5.27 5.40.
Antimony nominal; Cookson's, 8.658 75
Iron dull and unchanged.
London markets closed as follows; Copper
quiet; spot. 60; futures. 63 ls 9d.
Tin firm; spot 179; futures, 179- 16s
Spelter, 20 10c.
Lead. 19 7s 6d.
Iroai Cleveland warrants, 55s C4 -
Speculative Trading on Exchange Is
Very Heavy and Tone Through
out Most of Day Is
Nervous and Unsettled.
NEW YORK, July 10. Prices moved less
violently in the market for coffee futures
today, but the trading was even more active
inaa yesterday, and the tone of the mar
ket remained extremelv nervous n nrt tin.
settled. The opening was barely steady at
a decline of 17 to 33 points, under renewed
liquidation, which probably Included selling
by some of yesterday's late buyers, who
were disappointed at the showing of the
European canies by a rurther decline in busi
ness. Active realising bv old shorts and
some fresh buying was encouraged by re-
puns 01 a oener turn in the Balkan troubles,
and reports of rather n. hettff
but rallies of 20 or 25 'points were barely
sustained and the. close was steady at a
uei joss or a to 13 points lor the day. July,
8.42c; September, 8.64c; October. 8.74c; De
cember, 8.84c; January, 8.88c; March, 8.ac;
May, 9.04c.
Spot coffee nominal. Rio 7s, 9o; Santos
s. ai-jsc. -Mild coffee dull. Cordova, 13
16 Vic nominal.
Raw sugar fitrons. Centrifus-al ' 3 K4
3.61c; muscovado, 3.043.11c; molasses, 2.79
&' 2.860. x Refined strong. Cut loaf, 5.40c;
crushed, 6.30c; mould A, 4.95c; cubes, 4.85c;
XXXX powdered, 4.76c; powdered, 4.70c;
fine granulated, 4.60c; diamond A, 4.60c;
oonrectioners' A, 4.46c; No. 1, 4.40c. 1
Sugar A divan ces In East.
NEW YORK, July 10 All grades of re
fined sugar were advanced 10- cents a hun
dred pounds today.
UPTURN If. WALL STREET
SUCCESSFUIj DRIVE MADE AT
STOCK MARKET BEARS.
President's Attitude in Strike Trou
bio Is Factor Manipulation
Iater Erases Gains.
NEW YORK. July 10. Affairs virtually
were at a standstill today in the stock mar
ket. The principal theme was the outbreak
of serious hostilities among the Balikan na
tions and the consequent depression of Euro
Pfa? 'hanses. Fear was expressed today
tnat the renewal of war would delay the
return to the usual channels of Europe's
hoarded millions of gold. There was a down,
ward movement in sympathy with tho for-?.8n,-,exchanEes'
London sold, some Union
Paciflo and Canadian Pacific.
At home there were no developments on
which to base speculative movements and
the new crisis in the Balkans was utilized
as a. bear argument. Trading, however, was
entirely perfunctory. The volume of busi
ness foil to the lowest of the year.
United States 2 per cent bonds declined
again today, the blf price falling y, more to
9U. No large transactions in Government
bonds were reported, but it was evident that
the refunding provisions of the new cur
rency bill had caiiHori Hrm V -1 . .. -.....!
Just their holdings.
Bonds were irregular. Total sales, per
value $1,116,000. United States bonds de
clined from 9s to 1 point on call for the
week.
CLOSING STOCK QUOTATIONS.
Reported by J. c. Wilson & Co ' Lewis
building, Portland. - ' L,ew,
, Closing
Amal Copper .. 13,100 64H 68' 64
Am Beet Sugar. 100 22 22 "lti
do preferred..
Am Car & Friy.
'4,600
300
100
Am Cotton Oil.
Am Smel & Rf 1,100
do preferred..
Am Tel & Tel..
Am Tobacco . . .
Anaconaa
28
fc7
41
fit
41
27
86 .
41
3&H
2 61 9i 61
. . . . . .... ua u.
600 127 126,!4 126
2UO 214 213 208
u oast A.lne. 100 114H
AT&SantaFe 1,500 05 95 95 2
0O
100
S2$ 32
32
do preferred..
Bait & Ohio
Brook R Tran..
C & o
C N W
C. M & St Paul.
200 96 9 96 14
300 92 92 92 34
arooic K TPn.. 500 86 80 86
.. -'oyt iiii 211
51 lk
1
127U 1?7U fTli
C. M & St Paul. .500 102 102 102
Central Leather.:- 200 21 2o2 21
Central of N J . . 27
Chlno . .
Col Southern . ..
Consol Gas .....
D L & W
D & R G '
Distilling Secur.
Erie
General Electric
Ot North Ore . .
Gt North pf...
Illinois Central.
Interboro Met ..
do preferred..
Inter Harvester.
K C Southern . .
Lehigh Valley. .
Louis & Nash . .
Mexican Central
M, S P & S S M
Mo, Kan & Tex.
Mo Pacific
National Lead ..
Nat Biscuit . : . .
do preferred. .
N Y Central . . .
N Y. Ont W..
Norfolk & West.
North America..
Northern Pac . .
Pacific Mall
Pacific T & T. .
do preferred..
Pennsylvania
People's Gas . . .
Keadinjr
800 33 33
" i'.iOO i29 129
i'960 "25 "24
300 188 138
400 32 31
300 122 122 .
40O 113 112
10O 14 14
5O0 55 54
'"4o6 25 "25
2.50O 146H 145
'i-y "12
300 122 -121
'"soo "36 "30"
"3,466 "6" "95
SOO 29 28
2O0 . 103 10 3
700 105 105
"'166 '28 28
33
29
129
392
15
12
24
121
113
14
5-4:
101
. 25
145
130
12
121
20
29
45
112
116
95
28
102
6
Republic S & I. 3.000
18
27
SS
1.800 111 110 110
1O0 1 10i HOSi HO
21.400 137 MB Hi 156
Rock Island Co.
500
1SU
15
38 18
Southern Pac .. 5.90O 92 91 M
Southern Ry . . . 1,900 21
Texas Oil
Union Pacific .
do preferred.. 100
United Rds S F
U S Steel Cor. . 26.20O
20 901!
IOO 105 105 10r.iA
34,100 146 144 145
81 81
81
53 52 52
SOO 104 104 104
1.400 42 41
300
57
41
60
57
43
do preferred.
Utah Copper . .
vvaDasn
Western Union.. .
Westing Elec ..
Wisconsin Cent. .
Total sales for the day, 165,700 shares.
BONDS.
Reported by Overbeck & Cooke Co., Board
of Trade Building, Portland.
Bid. Asked.
Atchison general 4s 93 93
Atlantic CoaBt Line. 1st 4s 87 68
Baltimore & Ohio gold 4s...... 90 91
Brooklyn Rapid Transit 4s 86 87
Chesapeake & Ohio 4s 92 93'i
CM St P general 4s 99 99
Chicago Rock Island Col 4s.... 53 54
Cal iias 5j 914 U2y.
C B & Q Joint 4s 9'! 93"
Krie gonarnl 4s 69
Int Met 4s 4 74 75
Louisville a. Nashville unified 4s. 92 93
Missouri Pacific 4s 75
NYC general 3s 80 80
N & W lift Con 4s 92 .
Northern Pacific 4s 91 2
Oregon Short Line Ref 4s 87 88
Oregon Ry xav 4s 81 83
Pacific Tel 5s 90 96U
Pennsylvania Con 4s 99 99
l'.eading general 4b 94 94 ii
St L & s F Ref 4s 67 08
Southern Pacific Ref 4s 89 89
Southern Pacific Col 4s 88 89
Southern Railway 5s 101 10
Southern Railway 4s . 73 73
United Railway Inv 4s 60 ...
Union pacific lst-and Ref 4s.... 91 93
United States Steel 5s 98 98 2'
West Shore 4s p3C 94
Wabash 4s po 0 50
Wcstlnghouse Electric conv 5s.. 89 90
Wisconsin Central 4s...- 85 g
Western Facitic 5s 754 77
United States 2s registered 98 100
United States 2s coupon 98 100
United -States 3s registered. ... .102 . 10U
United states 3s coupon 102 IO214
United States 4s registered . .-v. .. 112 14 113Vi
United States 4s coupon ..112 .113
Stocks at Boston.
BOSTON, July 10. Closing quotations:
Mohawk.
Nevada Con
Nlplssinsr Mines.
North Butte
Ailonez - 31 V
Amal. Copper... 63
A z L & s IS
Arizona Com. . 29
B & C C & S M. 60 (North T ake
Cal .t Arix 59l01d Dominion
Cal & Hecla. ...415 lOsceola
Centennial 11 -Quincy
C R Con Co 39 (Shannon
E Butte Cop M. 10 'Superior
Franklin ...... 5jS & B Min...
Glroux Con..... 54 HiTamaxack ...
43
14
oS
29
1
43
74 V
5R 1 6
24
2
S
Granny Con..... fiiu R S R A M . . . 35
Greene Can 1S!U S S R M ptd 46
Isle Roy (Cap). . S!Utah Con....... 9
Kerr Lake....... 7 Utah Cop Co.... 41
Lake Copper. , . , 3iWlnona 1
c-nitu vi... w 7 1 wctvertne 44
Money, Exchange, Etc.
NEW YORK. July 10. Money on call
stoady, 2 to 2; last loan, 2: closing
bid. 3: offered at 2 ner cent. Time Iqbiii
strong: 60 days, 83; 90 days, 45-4 per
veni; Bix msumi, u per cent.
Close: prime mercantile paper, 6 per cent.
Sterling exchange, firm; with actual busi
ness In bankers' bills at 94.8315 for 60-day
Commercial bills, $4.82.
Bar silver. 58 c
Mexican dollars. 47c.
Government bonds firm; railroad bonds
steaay.
LONDON. July 10. Bar silver, steady,
26d per ounce. Money. 263 per cent.
The rate of discount In the open market
for short bills Is 4 per cent; for three
months' bills, 4 s-164 per cent.
SAN FRANCISCO, July 10. Silver bars.
00 la c.
Mexican dollars, nominal.
Drafts, sight lc, telegraph 3 c. '
Sterling in London, 60 days, $4.83; do.
eigne, s.oj. -
Condition of the Treasury.
WASHINGTON. July 10. The condition
of the United States Treasury at the begin
ning 01 Dusiness was: .
Net balance in general fund. .... $111,405,823
Total receipts yesterday 2,i65.648
Total payments yesterday ...... , 3.901.S19
- The deficit this fiscal year is $6,443,031
as against a deficit of $7,590,675 last year,
exclusive of Panama Canal and public debt
transactions.
'
Cotton Market.
NEW YORK, July 10. Cotton, spot, quiet;
middling uplands, 12.35c; gulf, 12.60c. Sales,
iuu Dates.
Futures closed steady, 2 to 8 points lower.
July. 12.12c: August. 12.12o: Sentemh.r.
11.67c: October 11.48c; November. 11.43c;
December, 11.42c: January, 11.37c; Febru
ary, 11.39c: Marsh. 11.47c; May, 11.49c.
NEW ORLEANS, July 10. Spot cotton,
quiet, unchanged; middling, 12 c Sales
London Wool Sales.
LONDON. July 10. The demand, was
quieter at xne wool auction sales today.
Prices were -inclined to he easv and with
drawals were frequent. The best grades
ui merinos ana coarse crossoreas were un
changed, but rates for other nrrs rinl1n
6 per cent. There were 14.000 bales offered.
Unfilled Tonnage Decreases. '
NEW YORK, July 10. The unfilled ton
nage 01 the United states Steel Corporation
on June was 6,807,317 tons, a decrease of
017,00s tons as compared with the pre
vious month.
Dululh Linseed Market.
DULUTH. July 10. Close: Linseed on
iracK. i,iiss:-juiy, t.86i .bid; Septem
ber, $1.40: October, $1.40.
Dried Fruit at New ' York.
NEW Y-ORK, July 10. Evaporated apples,
firm. Prunes, steady. Peaches, quiet. .
Chicago Dairy Produce.
CHICAGO, July 10. Butter Unchanged.
F.irBH TTnihlttiff,il f ,i-aint. 11 tT-r -
-r -o . '- '1- BI 1 LaOCO,
Hons at New . York.
NEW YORK, July 10. Hops, quiet.
CITY TO ESTABLISH GARAGE
Central Plant for Housing and Re.
pairing Cars Ordered.
A -municipal sarajfe for the housing;
and repairing: of all the automobiles
and trucks owned by the city is to be
coiaDiianea ai once, city commission
er Daly yesterday prepared a Commis
sion rfltinliitinn .....ti - t . . i ,
......... jruiuimfiing
Agent Wood to advertise for bids for
,uiiu9uiiik ui a uuuaingr suitable
for thft fnrR?A
It is proposed to have a central
hlllMInn . . . . 1 - . , .
u u"uii6 ucie an toe macnines can
be kept at night and where they can be
cu auu --icLiit;u. watte not in use.
The system is expected to saVe tho
City a great deal of money.
The Ifuildlng to Ja secured first will
be for a temporary garage. It is pro
posed later to erect a. concrete build
ing on some of the property owned by
ht-v
Hie success of our pa
trons and the progress of
the city and state are
vital necessities of our
own success.
"VVe feel that our" inter
ests and yours are in
many ways mutual. .
For that reason you will
find our service particu
larly comprehensive and
beneficial.
Your account is invited.
Lumber mens
National Bank
Fifth and Stark Sts.
Resources 7 Millions
The ,
Canadian Bank
of Commerce
" head office
Toronto, Canada.
Established 1867.
A general banking; business
transacted.
Interest paid on time deposit.
Letters of Credit and Travelers'
Checks Issued.
" " -PORTLAND
BRANCH,
Corner Second and Stark Sts.
, F. C. MALPAS, Manager.
J.C.WILSON &. CO.
STOCKS, BONDS. GRAIX AND COTTON.
MEMBERS
NEW YORK STOCK EXCHANGE.
NEW YORK COTTON EXCHANGE,
CHICAGO BOARD OF TRADE.
THE STOCK AND BOND EXCHANGE.
bAN I RANClSCO.
PORTLAND OFFICE:
Lewis Building, 269 Oak Street.
Phonesi Marshall 4120. A 4187.
WE OFFER THE UNSOLD BALANCE OF
MORGAN-BUSHONG INVESTMENT COMPANY
First Mortgage 7 Per Cent Gold Bonds
Dated Apri 1, 1913 Due serially as follows:
$10,000 April 1. 1915
$10,000 April 1, 1916
$10,000 April 1, 1917
$10,000 April 1, 1918
$10,000 April 1, 1919
$15,000 April 1, 1925
$15,000 April 1, 1926
$15,000 April 1, 1927
$15,000 April 1, 1928
$15,000 April 1,
$15,000 April 1,
$15,000 April 1,
$15,000 April 1,
$15,000 April 1,
$15,000 April 1, 1929
$15,000 April 1, 1930
$15,000 April 1, 1931
$20,000 April 1, 1932
1920
1921
1922
1923
1924
Denominations $500 and $1000.
Principal and Semi-Annual Interest Payable at the Office of the
Security Savings & Trust Company, Trustee, Portland, Oregon
This issue of bonds is secured by first mortgage covering the leasehold
and eight-story office building now nearing completion at a cash cost of over
$500,000, situated at the southwest corner of Broadway and Washington
street, with a frontage of 200 feet on Washington and 100 feet on Broadway,
in the heart of the business and retail section, of the City of Portland.
This building is one of the most favorably located, well' constructed and
equipped modern office buildings in the City of Portland. The upper seven
floors contain 375 well-appointed offices, the entire grade floor being devoted
lo store rooms, etc. A' comparatively large, part of the entire building has
been rented for a good period of years to a very desirable class of tenants on
a profitable basis.
. In view of the large margin of -security over and above the bond issue,
location and assured earning capacity of the property, as well as other favor
able conditions surrounding the same,, we unhesitatingly recommend these
bonds as an unusually desirable investment.
"Having already reserved the' larger portion -of the entire issue, we offer
the unsold balance in amounts to suit at par and interest, yielding 7 per cent.
Descriptive circular, containing detailed information, furnished
request. .
MORRIS BROTHERS
Railway Exchange Building
PORTLAND
upon
TKAVtI.ERH' GUIDE.
HAMBURGk AMERICAN
Over 400 Ship
1.3O0i819
TON 3
Largest SS.Co ,
in the
WORLD
"IMPERATOR'
World's larzest nTiln will
SAIL. 1KOS1 NEW YORK
Saturday July 19, 10 A. M.
. - . ii . . i, j auK. y, A J. a. 11.
Saturday Aug. SO, A. M.
and every three weeks thereaflcr.
EnabllnK paasangers to arrive la
LONDON and PARIS on alxtn and
In HAMBUKQ on seventh day.
Books now open for season.
LONDON. 1-AKIS. HAMBTJRO.
Pres. Grant July 16. U A.M.
UXuiperator ..July 19, 10 A.M.
Amerlka ...July 23, 9 A.M.
Fres. Lincoln July 24. 12 noon
fiennsylvanla. .July 31, 3 P. M.
Kaierin Aw. Vie. Auk. 2. 9 A.M.
Tlmperator Aug. 9. 11 A.M.
fKPatrlcia..... .. .Aug. 9, 12 noon
I SAinerika Auk. 21, 11 A. M.
ItPretorta Aug. 23, 12 noon
I2d cabin only. 'Will call at
Boulogne. HJJew. tHamburg direct.
ITS. S. Pennsylvania and S. 8.
Pretoria sail from new pier, font
ot 83d St., South Brooklyn. All
other sailings In this service front
our Uoboken piers.
MEDITERRANEAN
Gibraltar. Naples and Uenoa
Cy Ail steamers of thia service
leave from NEW PIEIt. 33d at
6. Brooklyn. Take S'Jtta-st ferry
S. S. MolLke (12.500 Tons),
July 15. 8 f. M.
8. S. Hamburg (11,000 Tons)....
' Aug. 9, 10 A.M.
S. S. Moltks , .Aug. 28, 11A.M.
S. S. Hamburg. .Sept. 17, 10 A.M.
CKXTSES
To the I and of the Midnlgtit Sun
July and August.
ITT" Our Tourist Dept. arranges
tours by rail or steamer to all
parts of the world.
Write for Information
HtUKnRr..AMKRiriv . ...
160 Powell St., San Francisco. CaLi
uu.,i.i . .. . . . v.. u., - j rj I n St.
O.-W. R. & N. Co., Nor. Pa-
B 1 A K. I , u U .. l
Route. Mllwaulc
t Sound R. R., Q
thern Railway Ci
orsey B. Smith. 69
6th st.. Portland.
viregon.
EXrKliSS STEAilERS FOB
-San J-Tancinco and Los Angeles '
WITHOUT CHANGE.
8. 8. BOSK CITY, Nails 9 A. M., July 11.
S. S. BKAVKK .lulv ltf
THE SAN FRANCISCO ' PORTLAND 8.
a. CO., Ticket Office 3d and Washing
ton. With O.-W. R. & N. Co.
Ptione Marshall 4500. A 6121.
71
A. particular advan
tage of having your
account with a
Strictly Commercial Bank
Such as this, is that it gives you
the benefit of specialized effort along
certain lines.
Here," every department is in charge
of an expert under the careful
supervision of the officers.
UNITED STATES NATIONAL BANK
Surplus and Capital, $2,000,000, Third and Oak Streets.
M .
A GENERAL BANKING BUSINESS trans-Ll-
acted on the safest and most accommodat
ing lines consistent ;with sound banking.
Security Savings and Trust Company
Fifth and Morrison Streets
Capital and Surplus - - - - - $1,400,000
Established 1890
First National Bank
Capital $1,500,000
Surplus 900,000
Oldest National Bank We.t of tha
Rocky Mountains
COENEB FIRST AND WASHTNQTON STS.
LOS ANGEI.ES AND SAN DIEOO
STEAMSHIPS YALE AND HARVARD
Railroad or any steamer to San Francisco,
the Expo City. Largest, fastest and the
ONLY strictly first-class passenger ships on
me (.oast. Averago speed 2a miles per
hour; cost 2, 000.000 each.
SAN I'BANCISCO, PORTLAND I, A.
B. S. CO.,
Slain 6. Frank Bollani, Agent. A 4588.
i. iniru treet.
COOS BAY LINE '
STEAMSHIP "BKEAIvWATlSIi"
sails Irom Albers Dock, No. li. Portland at S
A. jrf. June 4. . 14. 19. 24. 29, July 4. a.
14. 19, 24 29. thereafter every five days, s
A. M. Freight received dally until 5 P. M.
except day previous to sailing, previous day
4 P. M. Passenger lares: First-class, $10;
second-class, $7, Including berth and meals.
Ticket office at Albers Dock No. g
PORTLAND COOS BAY 3. 8. LINE, U
H. KEATING. Acent. Phone Main fiHBX.
A 6141.
Drain-Coos Bay Auto Line
Now Daily to Marshfleld.
Wire reservations to O. Mattoon.
Drain, Oregon.
NEW YORK -PORTLAND
REGULAR FREIGHT SERVICE.
Xow Rate. Schvdul T!mb
AMERICAN-HAWAIIAN S. S. CO.
SIS Railway Exchange BldkV
Portland. Or.
tliin S7S. A Mlt,
I
LADD &TILTON BANK
' Established 1859.
Capital .
Surplus' .
Deposits
. .$ 1,000.000.00
. . 1,000,000.00
.14,000,000.00
Commercial and Savings Accounts
OFFICERS.
W. M. Ladd, President. Robert S. Howard Asst Cashier
Kdward Cookingham Vice-Pres. J. W. La,id Asst Call ier
"V . H. Dunckle Cashier. Waiter M. Cook, Asst. Cashier.
Corner Washington and Third Streets.
TRAVELERS- GTJUDB.
CJ V ffl U C V S.H0RT '"f-6"1 Francisco to
IJllC.1 Australia,! 8 diyi vis Honolulu
W I U tm nd Samoa, the attractive and
pleasant route, winter or summer. Splendid 10.000
ton steamers (classed by British iioydfl 100 Al).
$110 HONOLULU Srst-clasa round trip SYONET $300
$325 HAN 0 TOUR SOUTH SEAS $325
Hooojnlu, Samoa, Australia, New Zealand, Tahiti, etc
$600 1st class Round th World 2nd class $380
v mtini 5 continents and world's great cities (stop-ovf rs)
Honolulu Sailines June 17 July 1. 15, 29, etc Sydney
every 28 days, July 1, 29. Aut. 2.tc Send for folder.
Oastinc 6. 8. Co. 673 Market St, San Frsndtca
TRAVELERS' GUIDE.
San Francisco, Los Angeles
and San Diego Direct
S. S. Roanoke and S. S. Elder.
Sail Every Wednesday Alternately at
P. M.
NORTH PACIFIC S. S. CO.
123A Third St. Phones Mala 1314, A 1314,