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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 25, 1913)
i'HB MORNING OREGONIAIf, FRIDAY, JULY 23, 1913. 12 HOPS AT 16 GENTS Contract Made on Gradually Advancing Market. GROWERS SLOW TO SELL Stability of Prices Depends on Crop in England Cables Report Weather in Europe Unfavor able, Estimates Unchanged The hop market Is firmly established at the 16-cent level for the new crop. Very llrtle business Is passing, but It is enough, with growers in their present non-selling mood, to put the market at this figure. A fair-sized contract was signed yesterday at 1ft cents and two or three dealers vere of fering the price in the country. There was also talk of a 16-cent bid for a dealer's contract, but it probably did not get be yond the talk stage. Conditions have now reached a point where it will not take much to put the market up or down in a hurry. Everything depends on the outcome in England. - The present estimate for that country's crop Is about 330fOOO cwt. "With, adverse weather ttt crop can easily deteriorate from now on, having already suffered severely from lice, and if it should fall to GOO.000 cwt., -prices better than 0 cents in this country can t3 confidently looked for. On the other hand, if England produces as much or 'more than last year, current prices can hardly be maintained. The continental crop promises to be close to an average one, though much smaller than last year's. Cables received by Portland dealeres yes terday reported the weather In England and on the Continent -unfavorable- for the, grow ing crop, but estimates were not changed. Trade letters Just received from London hop dealers say: Wild, Neame &. Co. There has been a fair inquiry during the week resulting in a further hardening of values. The situation in the plantations is not altogether satis factory , for, notwithstanding persistent washing, there is still too much vermin owing- to the frequent fresh attacks of fly, also in' many gardens the bine is backward and inclined to weakness. Thornton & Manger The demand for home consumption continues, though mostly confined to immediate requirements. A large trade, however, has been done In old hops for export, and in consequence the market is very firm and in some cases prices are better than a week ago. Manger & Henley The tone of the mar ket keeps firm. The steady Inquiry for present requirements continues and . the small supply gets visibly less every week. "W. H. and H. Le May The market has become quiet again, consequently prices show a Utle weakening, but the .smallness of stocks prevents any material alteration in values. IN'TEJUOn WHEAT MARKETS QCIET I'armen "Not Ready to Sell at Trices Now Offered. The country wheat market continues quiet. Farmers do not take readily to the prices offered by buyers, and the latter are dis posed to operate cautiously pending the opening of the market. Prices uoted yes terday were unchanged. The spot market was nominal. Ltocal receipts, in cars, were reported by the Merchants' Exchange as follows: Wheat Barley Flour Oats Hay Monday Tuesday ., "Wednesday Th jrsilay Year ago 13 6 1 0 . & . 4 . 4 . IO .1S5 ft 7 r. art 135 3 11 7 131 90 ft 3 a 8 41 Season to date 12a 7 . Year ago .109 Foreign crop "conditions are summarised by the Liverpool Corn Trade News as fol lows: United Kingdom The outlook is for a fair crop of moderate quality. Oats are poor. The recent rain was beneficial.' France The outlook is tor about an aver age yield of wheat. The outlook for oats Is poor. Supplies of native -wheat are moder ate. The weather has improved and is now generally favorable. Germany The outlook for wheat Is good and oats and rye show some improvement. There is much lodging in parts. Much larger purchases of foreign wheat are reported. Russia In the east the outlook Is favor able; northeast doubtful; center and north west, fair outlook. A fair yield is expected of oats and rye. Roumania Cutting Is progressing, but the war must cause much delay. Hungary The weather is unfavorable. It feeing very wet, end many reports are heard of serious lodging. Italy The outlook is mostly favorable. pa!n The outlook Ls for a crop of wheat larger than expected. Portugal The crop has been damaged by ,neat. India Shippers of wheat are very firm, and the crop ls said to be smaller than re rent estimates. MELONS ARE -ADVANCING . IN SOUTH Continued Firm Market Here Is Assured. Good Cantalonpes in Demand. Watermelon prices are advancing fast In California, which lnsJres a firm market here for some time to come. The present local cuotatlon !i 2i cents. There is a good demand for good canta loupes, but a lot of inferior Imperial Val ley stock, shipped here by San Francisco dealers when their own market broke, keeps down the price of the best fruit. A shipment of California Elberta peaches n received ov express ana cleaned up at $1.25. Local peaches were in large supply and It was a buyers' market, as much of the fruit was small. Lemons were in good demand and the msrket was fli-m at 10 for fancy. Berries and small fruits were slow. A car of tomatoes in lug boxes is due from Los Angeles today. Poultry Bales Drag. Arrivals oj poultry and dressed meats were on a small scale. The demand for the former was not brisk and' hens dragged at 14 cents. Veal and pork were quoted very flrm. The egg market .was steady at the old prices, the only call being for selected can dled Stock. Butter and cheese were Arm and un changed. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: Clearinrs. Balnnrp, Portland l,7fS0.7.14 J373.803 Seattle 1.&64.773 179.933 Tacoma Spokane 343.71fi 83,375 148.347 83,993 PORTLAND MARKET QUOTATIONS. Grain, Flonr, Feed, Etc. WHEAT Track prices: New club, 783J fi1c; new bluestem, 81&82c; new fortyfold, tic; new red. 76c. OATS No. 1 white. 129 per ton; new. $25 iff 25.50 per ton. FLOUR Patents, $4.70 per barrel: straights. J4.10; exports. $3.85 3. 95; valley, S4.70; graham. $4.6-1 ; whole wheat. S4.S0. CORN Whole, 932.50; cracked, $33.50 per ton. MILLSTUFTS Bran. $24.50 per ton; shorts, $26.50 per ton; middlings. $31 per ton. BARLEY Feed, 241?24.BO per ton; brew-ln.5'-Jmlnal! nw feed. Siaitf 23.00; rolled. 126.50'? 27.50 per ton. HAY Eastern Oregon timothy, old, $13; new. $22 per ton; alfalfa, new, $13.50. Fruits and Vegetables. Local Jobbing quotations: TROPICAL FRUITS Oranges. ' $4.50 8 per box; lemons. $910 per box; plner apples. 6'5'7o per pound. ONIONS California, $1.25 per sack- Wal la Walla, $1.25 per sack. VETOSTABLES Beans. 4ft6e rer pound: cabbage, lV42o per pound; cauliflower. $2 per crate; corn, SOc per doren; cucumbers, $11.25 per box: eggplant. 12vic pound; bead iettuce, 3540o per dosen; peas, &07a per pound; peppers, 8$ 10c per pound; rad ishes. lOfglUc per dozen; rhubarb, 2&2q per pound; spinach, 73c per box; tomatoes, $1& 2 per bcx; gj.rlic, 10c per pound. POTATOES New, 75cfl.25 per hun dred. GKEEN FRUIT Apples, new, $1.25 3 2.25 per box ; cherries. 4 & 12c per pound : apri cots, SI. 35 fij l.&O per box ; cantaloupes. $1.73 2-76 per crte; peaches, 35$1.2o per box ; watermelons, f 'J.50 per cwt. ; plums, 75c a $ 1.25 per box ; raspberries, 90c tjrj. 51 per crate ; loganberries, 90c $1 per crate; pears, $2.25 per box; grapes, $1.50 per crate; casabas, $2.75 per dozen. Dairy and Country Produce. , T-ocal Jobbing quotations: POULTRY Hens. 14c; Springs. 19 & 20c; turkeys, live. 1820c; dressed, choice, 24.ffr2.jc; ducks, 10 Si 12c; geese, young. 12Vic. - EGGS Oregon ranch, case count, 22 23c per dozen; candled, 263 28c per dozen. CHEESE Oregon triplets, 164c; Iaisies, 27c; Young Americas, 18c. BUT TEH Oregon creamery butter cubes, 20c per pound; butter fat, delivered, 30c per pound. PORK Fancy, 12c per pound. VEAL Fancy. 15c per pound. Staple Groceries. T-ocal lobbing quotations: SALMON Columbia River, one-pound tails, $2.25 per dozen; half-pound flats. $l.4U; one-pound liats, ?:.4.i; AlaeKa, pinit 1 one-pound tails. Sue; silversld.es, one-pound; tails, $1.25. r HONEY Choice, $3.25 3.75 per case. NUTS Walnuts. 18c per pound; Brazil nuts, 124 4-35c; filberts, 1515c; almonds, 1 8c ; peanuts, 5 5 Vi c ; cocoanuts, 90c (& $ t per dozen; chestnuts, lie per pound; hick orynuts, 810c; pecans, 17c; plno, 1720c. BEANS Small white, Gc; large white, B.90&6c; Lima, 6.30c; pink, 4.15c; Mexican, 5c; bayou,. 4.15c. SUGAR Fruit and berry, $5.45; Honolulu plantation, f5.40; beet, $5.25; extra C, $4.95; powdered, barrels, $5.70; cubes, barrels, $5.85. COFFEE Roasted, in drums, 1832c per pound. SALT Granulated, $14 per ton; half ground 100s, $10 per ton; 50s, f 10.75 per ton; dairy, $ 12.50 per ton. RICE No. 1 Japan, 6(g)5c; cheaper grades. 4V4c; Southern head, 53)6c. DRIED FRUITS Apples, 10c per pound; apricots, 12(&14c; peaches, 8llc; prunes, Italians. Sl0c; silver, ISc; figs, white and black. 64 c; currants, 9 He; raisins, loose Muscatel, t Vi 4- 7 He; bleached, Thompson. 11 c ; unbleached. Sultanas, Cc; seeded. 7H8Hc; dates, Persian, 76Sc per pound; fard, $1.65 per box. FIGS Twelve 10-ounce. 85c; 50 6-ounce, $1.S5; 70 4-ounce. $2.50; SO 10-ounce, $2.25; loose, - 50-pound boxes, 697c; Smyrna, boxes, $1.10f31.25; candled. $3 per box. Provisions. Local Jobbing quotations: HAMS 10 to 12 pounds, 2223c: 12 to 14 pounds, 2223c; picnics, 15c; cottage rcll. 17c. BACON Fancy, 30 31c; standard, 25 26c; English, 2122c, LARD In tierces, choice, 14c; com pound, 9c. DRY SALT MEATS Regular short clears, 14(fi16c; short clear backs, 13 to 16 lbs., lot&HiVfec; short clear backs, 18 to 25 lbs., 1516Hc; exports, 15H17c BARRELED BEEF Extra mess beef, $20; mess beef. $20; plate beef, $22; rolled boneless beef, $30. BARRELED PORK Best pig pork, $27; picketed pork, $25. Hops, Wool and Hides. HOPS 1912 crop, 14 16 c per pound; 1913 contracts, 16c per pound. PELTS Dry, 10c; lambs, salt shearling, 10 35c. WOOL Eastern Oregon, 11 16c; val ley. 1819c per pound. GRAIN BAGS Selling price, 10c Port land. HIDES Salted hides. 10llaAc per pound; salt 'kip, I213c; salted calf, l18c; green hides. 10 10 14 c; dry hides, 21 22c; dry calf No. l, 25c; No. 2, 20c; salted bulls, 8c. MOHAIR 1913 clip, Sic per pound. Linseed OH, Gasoline, Etc. LINSEED OIL Raw, barrels, 59c; boiled, barrels, 61c; raw, cases, 64c; boiled, cases, 60 c. OIL MEAL F. o. b. Portland works: car lots, $35; 5 and 10-ton lots, $34; ton lots, $35. ' TURPENTINE Barrels, G2s6c: cases 55c. COAL OIL Cases, 17H20Hc; drums and barrels. 10313c. GASOLINE-i-Cases. 23c; bulk, 16c. HOGS AT TEN DOLLARS ANOTHER ADVAXCE AT NORTH PORTLAND YARDS. Present Supply Is Xot Equal to Needs or Market Cattle Are Firm With Small Run. The feature of ' business At the itnckv.. yesterday was" the attainment of the $10 mark in the hog market. The -15-cent ad vance was not surprising. In view of the continued upward movement of swine prices in recent weeks. For quite a while now the receipts have been considerably under the iBiiuiromcntB or me traae that depends on the Xorth Portland market for ir .unnlv The hog-growing sections of the Northwest are pretty well cleaned up now, and be7 siues, witn narvest on. growers are not likely to make a trip to market unless they have to. The current prices, how ever, will be a temntatlnn hnrri tr rtmimr so the advance may not be so rapid from UJW UII. . The bunch that touched the high mark yesterday averaged 15.S pounds. Another loaa or lea pounders brought a nickel un der the top. The prices brought by the few heavy swine sold show that all kinds of pork material are going up at the same rate. In the cattle market the offerings were also small. The bulk of the steer sales were at $3.25, and a load of good cows brought i. -a. Transactions in the sheephouse were un important. Receipts were 228 cattle, 23 calves. 298 hogs and 11 sheep. Shippers were M. X Devers. Ten Iavis, Idaho, 1 car of sheep and hogs: Wilson & Madison. Welser, 1 car of hogs; J. E. Reynolds. Condon, 2 cars of cattle; W. E. Lowell, Gibson, 3 cars of cattle; J. f). Dens more; Lebanon and West Scio, 2 cars of hogs; Hal Brown, Grangevllle, 2 cars of cattle and calves, and George Hepton, Steu nenberg, Idaho, 2 cars of cattle. The day's sales were as follows:' Weight. 28 steers 1003 28 steers ..................... .1041 2 steers ...................... 8ti5 2 steers '. . . .1085 1 steer 740 2 steer SH5 2 steers ..............2035 14 steers 1029 Price. $8.25 8.25 6.25 6.25 3.0(h 6.50 7.00 8.15 6.60 5.50 5.50 5.73 6.6(1 7.25 6.50 5.50 7.00 8.00 9.00 6.25 5.75 6.00 4.75 5.50 10.00 9.85 5). OH 11.95 7 mixed cattle .... 1 cow 1 cow , 1 cow 12 cows ........... 23 cows ............ 1 cow 2 cows ... 1 heifer ............ 1 calf 4 calves ........... 2 stags 1 bull 1 bull 3 lambs 5 lambs 67 hogs 1 hog , 1 hog , 10O hogs 1 hog 914 ....... 750 770 980 1007 091 1090 " 985 690 260 177 1155 12.M) 1210 SlI 60 15S 250 800 162 300 8.95 The ranire of orlces at the vards was as follows: Choice steers $7.75 9 $S.0 Good steers 7.25 J 7.75 Medium steers 7.00 7.25 Choice cows 7.00 7.60 Good cows 6.23 6.50 Medium cows 8.00 6.25 Choice calves 8.00(3 9.00 Good heavy calves H.50 7.50 Bulls 4.00 0.00 Hogs Light 9.50 10.00 Heavy 8.50 U.00 tihe?p Wethers 3.25 3 4.00 Ewes 2.50 3.50 Lambs 5.00 tl.OO Omaha livestock Market. SOUTH OMAHA, July 24. Cattle Re ceipts. 1200; market, steady. Native steers, $7.25488.90; cows and heifers, $5.50&8; Western steers, $6.008.15: Texas steers, $617.50: range cows and heifers, $5.25 7.25: calves. 710. Hogs Receipts. 11.000; market, lower Heavy, $8.606 8.80; light. $8.7589.10; pigs, $7.S0S8.50: bulk ot sales, $S.H5i38.80. Sheep Receipts. 8500; market active. Yearlings, $4.75fr5.75; wethers, $4.254.90; lambs. $8.50 7.50. Chicago Livestock Market. CHICAGO. July 24. Cattle Receipts, 5000: market, slow, barely steady. Beeves, $7.10 9 9.20; Texas steers, $6.90(3 8: West ern steers. $7. 10(6-8. 15; stockers and feed ers. $5.507.75; cows and heifers, $3.75 8.40: calves. $8.25011.25. Hogs Receipts, 18.000: market, strong, generally 5c higher. Light, $9.15(39.55; mixed, $S. 85 9.50; heavy, $8.659.35: rough $.65 S8.80; pigs, $7.60 8.30; bulk of sales, $9.00 (j 9.85. Sheep Receipts. 10,000; market, strong, generally 10c higher. Native. $4.30i5.3o; Western. $4.35515.35: yearlings. $5.40'B7.20; lambs, native. $5.60?S.75; Wrestern. $6,100 7.86. ... T LAST PRICES BEST Wall-Street Stocks Are Strong .at Close. WIDE GAINS ARE RECORDED Foreign Financial Developments Are Favorable Large increase . Ex pected in TJnited States Steel Corporation Earnings. NEW YORK. July 24. The course of today's dull stock market was a curious medley of Advances and declines, which in the later dealings save way to a general and well-sustained rise. Initial dealings dis closed renewed weakness In New Haven. Some of the Government Issues also regis tered lower prices. As a partial offset, various specialties rose s to 4 points. In the early afternoon a brief buying movement in Steel, Union Pacific. Amalga mated Copper. Canadian Pacific and Read ing lifted prices 1 to 2 points. This was followed by a hurried covering of shorts and the market fell back to its early dull ness. Best prices were scored in the final hour. The day's budget of news embraced the weekly reports of the Bank of England and the Bank of France, the former disclosing Increases of reserves and gold and the lat ter a gain of S.2.K0O.0OO In gold. Home news dealt largely with the crops. Estimates of United States Steel earnings for the second Quarter, to be issued next week, were fixed at around $39,000,000, compared with $25,000,000 last year. The general bond market was steady, with pronounced strength in Rock Island collaterals. All Government issues were weak, the coupon 4s declining hi per cent, registered 4s a point and others 2 per cent. Total tales, par value, $l,71o,000. CLOSING STOCK QUOTATIONS. Reported by J. C. Wilson building, Portland. & Co., Lewis CI osing Bid. 7014 25 32 92 43 37 lj OS hi 99 110 1 13 127 216 33 119 97 97 H 97 87 218 54 14 328 105 24 37 81 30 131 385 19 13 2614 13914 33 124 113 15 58 27 Sales. 29.400 2,000 20.700 1,700 90O 1,300 4,30 20O 300 1,666 300 1,800 '"obit 100 1,700 1,200 5,300 3,500 200 100 2.100 1.200 3,700 1.700 " 700 100 100 " 5,300 400 1.200 20O 100 1,500 2,20O 500 3,400 300 20O eoo 100 3,100 200 1,700 High. 70 26 ha S3' 93 h 441,4 37 hi 63 99 111H 128 H 218 35 M 'vs'hi VThz tS 8S 2184 54 14 105 H 24 hi 37 31 Vi 132" 885 19 26 141) Shi 124 Vt 113tt 16 59 2714 UOhi 13Hhi IO 323 22 V 32 hi 49 hi 11814 Low. Amal Copper . . Am Beet Sugar. Am Can Co .... do preferred.. Am Car & Fdy. . Am Cotton Oil.. Am Smel & Ret do preferred. . Am Sugar ..... do preferred.. Am Tel & Tel.. Am Tobacco ... Anaconda Atl Coast Line.. A T & Santa Fe. do preferred.. Bait & Ohio ... Brook R Tran.. Canadian Pac. C & O C & G W C & N W C. M St SaPul.. Central Leather. Chino Col Fuel & Iron. Col Southern ... Consol Gas ..... D L & W 6S 2.', 31 92 44 36 61 9 9 111 128' 217 34 "6s" 7 07 87 216 62 14 i64 23 36 29 131 ' 385 19 26 140 33 124 113 3 5. 68 27 148 -I O ! TZ D &R G Distilling Securi. Erie General Electric Gt North Ore.. Gt North pf ... Illinois Central.. Interboro Met . . do preferred.. 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 & Wes Norfolk & West. 349 133 30 i- -o 125 22 32 125 21 ' 31 4S 110 49 UT 119 98 29 104 ;o 108 20 . 30 90 113 115 1.500 -98 9814, 3 0O 29 29?, I 500 10514 105 i",8o6 108 iois ""166 si"- "di" "i'doo iii" iisk" 1.500 116 113 39,100 1R114 159M; 3,400 2514 23 Vj 1.70O 17 3614 6.400 82V4 8,500 23 V4 22 1O0 10 106 27,800 14914 347'4 200 . 83 83 300 20 19 54,300 58 56 1.20O 107 106 4,400 46 45 ""266 "fli" 'hi" 2,800 63 61 North America .. Northern Pao .. Pacific Mail .... Pacific T s T.. do preferred.. Pennsylvania ... People's Gas-,... Reading ........ Republic S & L. Rock Island Co. Southern Pao Southern Ry ... Texas Oil Union Pacific . . do preferred.. United Rds S F U S Steel do preferred.. Utah Copper . .. Wabash Western Union .. Westing Elec . . Wisconsin Cent.. 92 23 105 14i 83 20 106 46 2 B4 62 43 Id .Total sales for the day, 321 BONDS. auu snares. Reported by Overbeck & Cooke Co., Board or Traae building. Portland. Bid. Asked. Atcnison general 4s -94 4 Atlantic Coast Line 1st 4s..... 88 8 B & O sold 4s 89 89 ii -K r 4S T 87V. Ch-jsapcake & Ohio 4s 9314 94 Cal Gas 5s 92 93 13,1-10 general 4s 7l ... Louisville & Nash, uni 4s 82 921, Missouri Paeifia 4s 5 67 NYC general. 3s Sl 82 N w & Est con 4s 92 92 .ortnorn i-'aclllc 43 H 94 Oregon Short Line ref 4s....... 87 87 jregon nauway i-.av i v Pacific Tel Is 97 97 renna coa 4B w 4 iseaaing general 4s. .......... . W4 35 Rt L & San Fran ref 4s......... 69 69 Southern Pacific ref 4s........ 89 89 Murnem facility cot 4f ......... w?) KS Southern Railway 5s..... 102 102 woutneru l-tauway -js ,a t-ih Union -Pacific 1st and ref 4s... 91 92 United States Steel 5s 99 99 w -jst etnore 4 54 1 . Wabash 4s 49 -49 nesungnouso ttiec conv OS..... fo la tit Wisconsin Centrll 4s 85 8l United States 2s registered 96 97 United etates 2s coupon 96 97 United states 3s registered ... . 3 02 302 United States 3s coupon ........ 102 102 4i Unied States 4s registered 110 3 11 4. luiicu oiues s coupon ...liu- 1114 Money. Exchange, Etc. NEW TOp.K, July 24. Monev on -n steady, 2 3? 2 per cent: ruling rate. 2; clos. ing bid, 2; offered at 2. Time loans, easier; 6ft days. 34 pet cent: so aaye. 4',S(e- per cent; six months, ? v per cent. Prime mercantile oarer, ft ner pMt. Sterling exchange steady, with actual busi ness In bankers' hills at $4.8335 for 60 days Commercial bills. $4.82.. Bar silver, 59 c. Mexican dollars. 47c. Government bonds, weak; railroad bonds steady. LONDON. July 24. Bar silver, steadv, at 27 d per ounce: money. 2 per cent;"rate of discount in the open market for short bills, 3 per cent; do, three months' bills 4(3 4 1-16 per cent. SIX FRAXCISCO, July 24. Sterling on London: Sixty days, $4.83; do, sight. Silver bars. 59 c. Mexican dollars, nominal. Drafts, sight 2c, telegraph 5c. .Condition of the Treasury. WASHIXGTOX. July 24. The condition of the United States Treasury at the begin ning of business today was: Xet balance in general t und ... .$127,22." 562 Total receipts yesterday 2.754191 Total payments yesterday 1,982136 The deficit this fiscal year ls $10,095,566 as against a deficit of $6,399,395 last year! exclusive of Panama Canal and public debt transactions. Coffee and Sugar. NEW YORK, July 24. Prices In the cof fee market opened 10 to 13c higher. The market continued to gain slowly, closing cteady at to lc net advance. July, 9.03c; -August. 9.08c; September, 0.24c; October, 9.32c: December, 9.50c: Jannary, 9 56c March, U.72c: May, 8.83c &pot steady. Rio, 7s. 9c; Santos, " 4, 31c Mild quiet. Cordova, 1316c, nomi nal. Sug.ir steady. Muscovado, 3.04c: centrifu gal, ;.U4i; molasses, 2.67c. Refined steady. London Sheepskins Sale. . LONDOX. July 24. A sale of sheepskins was hold today, with the demand fair for the 7900 bales offered. Merinos and short wooled skins were taken at d below, while cross-breds were d to 4 d below the last sales. Metal Markets. XEW TORK, July 24. Copper firm. Stand ard spot to October. 14.00 g 14.50; electro lytic, 14.7514.87; lake, 14.8715.00; east ings. 14.50 14.62. Tin weak. Spot 4ft.r.f? upGf, July. 40.829 41.00: August, 40.2541.00; September, O.2540.5O. Antimony dull. Oookeons, 8.40S.55. Iron eteady, unchanged. London closed as follows: Copper easy. Spot, 63 10s; futures, 65 12s 6d Tin steady. Spot 185 10s: futures. 183 10s. Iron Cleveland warrants, 5os, 3d. Lead quiet, 4.20: at London, 20 16s. Spelter auiet. 5.30 . 5.40: at London. 20 1 5s. SAN FRANCISCO PRODUCE MARKET Prices Quoted .at the Bay city for Vegeta bles,- Fruit, Etc. SAX FRANCISCO. July 24. The follow ing produce prices were current here today: Fruit Apples, Gravensteins, Sltfll.Bo; Newtowns. $1.7o2; other varieties. 50c $1: Mexican limes, nominal: California lemons, S&'8.50; pineapples, S1.25&2.25. Cheese New, lilo1nC't Young Ameri cas. 18c. Hay Wheat. $2S25c: wheat and oats. t21J5022; alfalfa, Jli.n0jjl6. Butter Fancy creamery, 30c; seconds. 3SHc. Vegetables Cucumbers, 50 Sac; green peas. 36;4c; string beans, 35c; eggplant, SO 85c. Onions New, red. 90CS1 per sack: yel- low, 90c J1 per sack. Potatoes New River whites. S5csi.25; Early Rose, 75c$l; Oregon, 85ctfr$l; new, fl. 25 1.75; sweets, Mexican, 2 3 Vac; Mer ced, 56e. Receipts Flour. 8772 Quarters; barleyk 5430 centals; potatoes. 3520 sacks; hay, 761 tons. Cotton Market. - NEW YORK. July 24. Cotton Spot quiet. Middling uplands, 12.15c; do, gulf, 12.40c. No sales. Futures closed steady. 15 to 3 7 points lower. July, 11.86c; August. 11.62c; Sep tember, 31.43c; October. 11.30c; November, 11.22c; Dwemoer, 11.2c; January, ll.loc; Fobruary, 11.17c: March. 11.25c; May, 11.38c. Naval Stores.. SAVANNAH. Ga., July 24. Turpentine Arm at 3586c. Sales 988: receipts. 14,933; shipments. 20;.tocks. 25,264. Rosin Arm. Sales 1525: receipts. 91,208; shipments, 62; stocks, 158,59. A. B, $4; C. D. $4.15: E. $4.25: F. $4.40: G, H. I. K. $4.45; M, $4.55; N. $5.35; WG, $6.30; WW, $0.40. Chicago Dairy Produce. CHICAGO, July 24. Butter, Arm. Cream eries, 23c to 2626c. Eggs, higher: receiDts. 30.041 cases: at mark, cases Included, 15fl7o; ordinary nrsts, 1516c: firsts. 17 18c. Duluth linseed Market. DULUTH, July 24. Close: Linseed, $1.40; July, $1.39; September, $1.41 bid; October, $1.41: November, $1.41 bid; December, $1.38 bid. Dried Fruit at New York. XEW YORK, July 24. Evaporated apples quiet and steady. Prunes firm. Peaches quiet. Hops at New York. NEW YORK. July 24. Hops firm. SHORTHORNS ARE SOLD CATTLE BRED BY ALEX CHAL MERS BROUGHT HERE. Bidding for Young Stock Spirited and Prices Range From $75 to $?50 for Each Animal. An exceedingly important sale of Shorthorn cattle was held at the Port land Union StocKyards yesterday. They were bred by Alex Chalmers, of Forest Grove, one of the best-known breeders of beef cattle on the Pacific Coast. The cattle are of the Scottish Baron and Skookum strain, and were all young stock. There was a good attendance at the sale, and the bidding was spir Ued. The sales in detail were: Skookum Lady, bought by H. C. Dick- man. Wiisonvllle, Or $90 Skookum Flower, Henry ' Biddle, Van couver 75 bkoc.kum Roan Lady, William Ruddy, Fossil : 125 bcottish Duchess, - William Sheppard, Portland .- 5 Fork Branch Mildred, William Ruddy. Fossil i 250 bcottish Kern. William Ruddy. Fossil... . Skookum Broom. Henry Biddle. Van couver &5 Scottish Bard, Henry Biddle, Vancouver 150 Bcottish Bloom II. D. K. Nicholson, Vancouver 155 Scottish Blooming Rose VI, Henry Bid dle, Vancouver 120 irork Hranch Mildred. II, William Rud dy, Fossil 135 English Lady 15, William Kennedy. Vancouver 205 blooming Rose JI, w D. K. Nicholson,. ' Vancouver it English Lady 16, William Ruddy, Fossil 205 Golden Wonder, William Ruddy. Fossil 200 j?otk jrancn .Miiureri vi, f. w. Peter son T. . : 13; Lome Lady Seaforth, William Ruddy, Fossil .: 140 English Lome Flower ISO The following bulls were sold: Golden Leader II. F. C. Sharker. Port land - 130 Tualatin Chief iso .ngiisu isaron, Aioert Hiverson, Monte- sano 180 English Baron II, C. L. Meyers. White Salmon 1j0 Blooded Stock on Show. LEWISTON, Idaho, July 24. (Spe cial.) Approximately $100,000 worth of stock was on exhibit at the second annual horse show held yesterday at Nez .ferce. There are 250 entries in competition for $1000 in cash nrizes The sweepstakes prize for the best pure-bred stallion was won by J. H. Sorenson, of Nez Perce, who exhibited a Belgian. The prize for the boy and girljudglng contest was won by Alvin Brockman and Miss Marvel Rarney, of isez i'erce. PRICE OF HOPS IS SOARING Growers In Independence District Holding for Higher Figures. INDEPENDENCE, Or., July 24. (Spe cial.) Hops took another Jump here today when C. A. McLaughlin was of fered 17 cents a pound for his entire crop. The growers are still inclined to hold on, as they feel that the price win go to zo cents a pound, or higher, before the picking: season opens. Although the hot weather has put the coming crop in almost perfect condi tion, nearly all growers are busy spray ing: their hops, not caring to take any chances witlr lice. The bad reports that are coming from New Tork and the old country and the fact that the Oregon yield will be a little under the average is caus ing everyone to hold on, and they do not seem to want to let go at any price before thehops are in the bale. FOUR HELD AS PARASITES Dozen Caught at Milwaukee Are Given Koekplle Sentences. Four men, charged with living off the earnings of women, who fled from Mil waukle to avoid arrest when 12 others were arested by Sheriff "Word's depu ties last Tuesday, were caught in Ore. gon City yesterday and brought back across the Multnomah' County line. The services of Tom Kay, Governor West's agent, and ofthe District At torney of Clackamas County were in voked in making the arrests and later in - the day District Judge Jones, of Multnomah, fixed the cash ball of each of the prisoners at $500. The men are: Q. Masset, L. Lane, J. Pelsmackers and Adren Labaar. Those previously arrested have been given rockplle sentences. State Awards Boiler Contract. SALEM, Or., July 24. (Special.! The Board of Control today awarded a contract to Stebinger Brothers, of "Portland, for constructing a boiler house at the Oregon Training School, the coat to be $3082. FARMERS HOLD BACK Small Rural Offerings Steady Wheat Market. EXPORT DEMAND FALLS OFF Prices Range Within Narrow Limits in Chicago Pit Cora Firm Be cause ot Insufficiency of Moisture. CHICAGO. July 21. Refusal of country owners to sell at a decline had a steadying effect todny un wheat. The closo was mo tionless at a range of c off to c up. Corn finished unchanged to o higher, oats with a gain of c to c and provisions varying from 5o decline to an advance of 2c Rural offerings of wheat proved to be next to nothing. Prices hardened gradually as the day wore on. A notable falling of In export demand broueht about a feelinsr ' cnuion or. tne part of the bulls, so that ' mantel Kept within narrow limits. Corn traders evidenced donht as to the sufficiency of the moisture supply. After n eariy advance tne market became easier. i no oats crowd devote.fi themselves en tirely to following the action of "corn. Provision business was in the main local and indecisive. Offerings were moderate and there was no - urgent demand. ine leading futures ranged as follows: WHEAT. Onen. TTIrh Low. ( .S6 .86 V0 Close. .87 .au July ......$ .86 $ .86 bept ...... .87 .87 Dec .80 .90 CORN. .63 .81 .62 .62 .58 .59 OATS. .38 .39 -40 .40 .42 .42 July .61 .62 .5S .61 .62 .59 Sept .. Dec .. July -38 .40 .42 .38 .40 i .42 22.20 21.47 :-ept ec. MESS PORK.' July 22.20 Sept 21.47 21.B0 2l".i6 LARD. Sept ......11.82 11.87H H.82 11.85 11.90 v.. .....v.ii.oii. xi.wo n.b7 SHORT RIBS. Sept 11.80 33.87 11.80 Oct 11.00 11.85 11 .5714 11.87 11.65 . Cash prices were: Corn No. 2. ttiV. (!,, v. f No. white, 6464e; No. 3 yellow, 62'63c xvo. d. blfc Gib2c: No. 1 white, 6364c: No. 8 yellow. 62S)63c: No. 4 1 m ftlf No. 4 white, 6363c; No. 4 yellow, 61 Rye. No. 2. 64c Barley. 483ti2c. Timothy, $3.75 4.75. Clover seed, nominal. European Grain Markets. LUXDOX .Ti,lv 9 i nay-m English country markets firm at lull prices; French country markets steady. LIVERPOOL, July 24. Closing: wheat, spot, steady. B-utures, steady. July, 7s 5a; October, 7s 3d; December, 7s 4d. nrcniner, ciouay. - Minneapolis Grain Market. 1HNNEAPOT.I9. -Tulv- Oi nn . July. 85 Tic; September, 88c; December) c?08"' No- 1 hard. .90 K c ; No. 1 Northern. 88S9ic. No. 2 Northern, 8687c; No. 2 hard Montana, 86c; No. 3 wheat, 8485Hc - . .Barley unchanged. Flax fl. 39 1.39. Grains In San Francisco. SAN FRANCISCO. .Ti.l . c . ... tions: Walla Walla. fl.si hi 1.52 y. : red Russian,. $1.50&1.51 : Turkey red, l.60 3.B5; bluestem, s 1.551.0; feed barley. i.oui.o-i; Brewing, nominal: white oats, 3.50Q1.52 ; bran, S25M 25.50; middlings, $3132; Bhorts, 27.5028. ' Barlev Steadv. IWomh.r i n. - tal : 1 HaV. 11. 3R riFe nAnl.l 1 A i , a. uui,, ti,o.r per cental 010, i.34 asked; Au- Buoi, i.v per cental asked; October, 11.32 per cental bid. ?1.33 asked; September, $1.31 per cental bid. SI. 32 asked Puget Sound Wheat Market. RKATTLW. 1 1 1 1 v 24 Wh.a, 131. 82c: fortyfold, SOc; club, 79c; Fife, 79c; red Old crop, -nominal. Yesterdays car re celpts: Wheat, 8; oats, 2; hay, IO; flour, 3 TACOMA. July 4. Wheat Bluestem, old, 90c; new, 82S)S3c; club, new, SOc. Car receipts, wheat 1, barley 0, corn 1, Transient Merchants to Pay, CENTRALIA, Wash,. July 24. (Spe cial.) At a meeting of the city com mission yesterday an ordinanr-o wo passed providing- for a license of $50 a aay ror transient merchants. The or dinance is the result of considerable agitation against bankrupt stocks. The Collection Department of this bartk is of value to the man having1 coupons from bonds, dividends, rents, notes and sight drafts to collect. It is prompt, efficient and economical and is carried on under the careful sup ervision of the officers of this bank. UNITED STATES NATIONAL BANK Surplus and Capital $2,000,000 Third and Oak Sts. J.C.WILS0N & CO. STOCKS, BONDS. GRAIN AND COTTON. MEMBERS NEW YORK STOCK EXCHANGE. NEW YORK COTTON EXCHANGE. CHICAGO BOARD OF TRADE. THE STOCK 'AND BOND EXCHANGE. SAN PRANClaCO. PORTLAND OFFICE: Lewis Building, 269 Oak Street." Phones Marshall 4120. A 4187. COMPLETE FOREIGN BANKING SERVICE l-UMBERMENS National bank Fifth and Stark Streets. Resources 7 lillions. 1 The Security and Fifth and Morrison Streets Capital and Surplus, $1,400,000 Desires the accounts . of individuals, firms and corpora tions and will extend every accommodation consistent with sound banking First National Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank West of tb Rocky Mountains eOENEB imST AND WASHINGTON STi ? l' LADD &TILTON BANK Established 1859. Capital . $ 1,000,000.00 Surplus ; 1,000,000.00 Deposits 14,000,000.00 Commercial and Savings Accounts OFFICERS. W. M. Ladd. President. Robert S. Howard. Asst. Cashier. Edward Cooking-ham. Vice-Pres. J. W. Ladd. Asst. Cashier. W. H. Dunckley. Cashier. Walter M. Cook, Asst. Cashier. Corner Washington and Third Streets. The Canadian Bank of Commerce head ornou Toronto, Canada. Established 1887. general banking transacted. busineaa Interest paid on time deposits. Letters of Credit and Travelers Checks Issued. PORTLAND BRANCH, Corner Second and Stark Sts. 7. C. MALPA8, Manager. One good thing about Bitulithic streets is that they are not constantly- being torn up to make repairs. TRAVELERS' GUIDK- C3S3SL A Him JLtfS, EXPRESS STEAMERS FOB . San JTrmnclaco and ljom Angeles WITHOUT CBAKGE. 8. S. ROSE CITY Sails A. M., July 86. 8. S. BEAVER, July 31. THE SAN FRANCISCO PORTLAND a. S. CO.. Ticket Office Sd and WahkDS ton. W ith O.-W. R. & N. Co. -Phone Marshall 4500. A B121. NEW YORK -PORTLAND R1CGTJX.AR FREIGHT 6ERVICE. Low Rates. Schedule Tlra, AMERICAN-HAWAIIAN S. S. CO. SIS Ballwar Eiohman Bld. Portland. Or. Uria SSK. A SMS. - T.OS ANGELES AND SAJT DIEGO 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 the Coast. Average speed as miles Ber hour: cost J2,0uo.uo0 each. SAN FRANCISCO. PORTLAND L. A.' S. 8. CO.. Main 26. Frank Bollam, Acent. A 1388. 124 Third blrect San Francisco, Los Angeles and San Diego Direct S. S. Roanoke and S. S. Elder. Sail Sery Wednesday Alternately as P. M. NORTH PACIFIC S. S. CO. I22A Third St. Phones Main 1314. A 1314. If you purchase goods abroad, Letters of Credit issued by this bank will establish your credit in any market of the world. The accounts of firms and indi viduals who have business deal ings with foreign countries are invited. Trust Company TRAVELERS' GUIDE. HAMBURGk AMERICA?! Largest SS.Co . kOwer 400 Ships in the t306,819 WORLD TONS "IMPERATOR World'i largest ship will SAIL FROM: NEW YORK Saturday Aua. 9. 11 A. M. Saturday Aug. 30, 9 A. M. Saturday Snt. 20. 11 A. at. I and every three weeks thereafter. Enabling passengers to arrive in LONDON and PARIS on sixth and in HAMBL'RO on seventh day. Books now open for season. LONDON, PARIS. HAMBURG StPennsylvanln. .July 31, 3 P. M. Kals'n Auc. VIcAugT. S. 9 A. M. Mmperator Aug. , 11 A. M. ftralri ia. Aug;. 9, 13 noon Amerilca Aut. 21, Jl A. M. tf1Teoria Aug;. 2H. Vt noon. I'pmi , i n. . O ... Pjf " Imperator Auk. 80, 9 A. M- Fl KidR'n Ana- VI. Km 3 to a f Pres. Lincoln bept. 4, 18 noon! S2d cabin only. New. (Him. burg direct. CT S. 8. Pennsylvania mil St S- Pretorla sail from New Pier foot of 33d St.. South Brooklyn. All other Mailings In this service from ! our Mopoacn fiers. MEDITERRANEAN Gibraltar. Naples and Genoa. m" All steamers In this service leave from KKW PIKR, 33d St.. So. Brooklyn. Take 39th St. Ferry. S. S. Hamburg (11.000 Tons), Auiriint. a in a w S. S. Moltke (3 3.50O Tons). . August 26, 11 A. M. p. o. namourg. .ept. J7, in A. M. S. S. Moltke Oct, 11 A. M. E3r Our Tourist Dept. arranges tours by rail or steamer to all parts of the world. Write for Information 160 Powell st.. San Francisco, Cal; southern Pacinc Co., so 6th au O.-W. R. & N. Co., Nor. Pi. tlfle, D. R. Q. R. R., Burl. iniwo xwui.e, oxiiwauass A n .. , T X -' - Northern Railway Co., u ut sey xs. brnuD. oy 6th St.. Portland. Oregon. SYDNEY S SHORT LINE San Francisco to Australia, 1 8 days via Honolulu snd bamca. (be attractive and pleasant reute, -winter or summer. Splendid 10,000 ton steamers (classed by British Lloyds 100 Al). $110 HOHOtUlU first-class round trip SYDNEY $300 $325 GRAND TOUR SOUTH SEAS $325 Honolulu. Ssmoa. Australia, New Zealand, Tahiti, etc ROUNDTHE WORLD S625 1st cabin. S39S 2ni Visiting 5 continentaand world's Kreat cities (atop-overs) Sailings Honolulu July 29. Aug. 12, 26. etc. Sydnsy , erery 28 davi, Julv 29. Aug. 28 etc. Send for folder. Ocsanic S. S. Co.. 673 Markst St, San Francisco COOS BAY LINE bTKAMSUIP "iJBAKWATB" sails from Albers Dock. No. 3. Portland, at A. M. June . . 14. la. 24. 28, July 4. aw 14. 1, X4 28. thereafter every flva daya, A. M. Freight received daily until 5 P. at. except day previous to sailing, previous day. 4 P. M. Passenger lares: First-class. $10; second-class. $7, including berth and meala. Ticket offica at Albers Dock No. a, PORTLAND & COOS BAY 3. 8. LINE, T. H. KEATING. Agent. Pbona Main 5883. A 6141. Drain-Coos Bay Auto Line Now Daily to Marshfleld. Wire reservation to O. Mattoon, Drain. Oregon.