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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 31, 1913)
"1111 I, i THIS MUUMMr OUKtiUMAxN, XHUKSDAY. J U.L1. 3L, 15)13. AiJ Bids Reduced One to Two Cents by Local Buyers. DEMAND IS NOT SO GOOD Operations In Country Are on Small, er Scale Lack of Interest Shown In Xew-Crop Oats and Barley. The wheat market had a rather easier tone yesterday. The demand was not as Rood as It has been, and buyers put out lower bids, but the decline met -with poor response In the country and operations were limited. The general quotation on club wheat was 78 cents, and a little was reported bought at that figure. Some of the mills paid 79 cents for club for earl; shipment. For red Russian 77 cents was bid. Bluestem waa nominal at about 81 cents. The light buying that was done was at scattered points. The oats and barley markets were -very quiet. No trading In new oats has come to light recently. Buyers are not disposed to pay a reasonable price on speculation and trading la practically at a standstill. New oats are quoted at $260 25.50. New barley Is worth $23. 60 24. Local receipts. In cars, were reported by the Merchants' Exchange as follows: Wheat Barley Flour Oats Hay Monday 3 6 18 9 9 Tuesday 2 6 6 6 7 Wednesday ....2 4 6 4 '9 Year ago 7 .... 12 1 6 Season to date. 200 142 178 63 161 Tear ago 267 21 179 61 116 Foreign crop conditions are summarized by the Liverpool Corn Trade News as fol lows: United Kingdom From our viewpoint, the outlook Is favorable, but there are some estimates of a reduced yield. France Lateness of the crop !s more pro nounced and rust Is spreading. The yield of wheat is generally expected about an aver ago. Oats has Improved with the favor able weather. Native supplies of wheat are very small, and in fact, all other grain. Germany The weather was fine in the north during the week, but elsewhere wet, causing fears of damage. Some reports al ready are of an alarming character. Our own agent reports supplies of native grain small, but expect liberal Imports the com ing week. Russia Our agent reports that wheat Is filling well In the Volga region. Koumania The outlook for the crop as regards yield .is favorable, but harvesting Is very slow. Bulgaria The outlook for the crop Is fav orable, but harvesting is very late. Hungary Rain is delaying harvesting. India Holders of wheat are very firm. Australia Weather and crop outlook Is favorable. Some reports refer to an increase nf 10 per cent in the acreage. Italy The recent rain did little or no damage. Scandinavia The outlook Is for a mod crate crop. North Africa Many complaints are re ceived of a disappointing outurn. MORS HOPS BOUGHT AT 20 CENTS TatUn & Linn Secure Cowers Contract for 20.000 Founds. The hop market holds strong at the 20 cent level, but trading Is still limited. Cat lln & Linn closed a contract yesterday with a grower for 20,000 pounds at this price. It was reported, but not confirmed, that SO0 bales were taken at Indepdence at 2a cents. One hundred bales were sold by a local dealer at20tt cents cars for Eastern ac count. A Santa Rosa wire said that everything offered in California was being taken at 2t) cents. Dovonvan bought 300 bales at tills price. The weather in England, according to the re3S cable, continues cloudy. Ironmonger cabled from London yesterday as folows: "Crop piospects cause much anxiety. Weathor is too cold and sunless. Vermin at:cks. Market Is very firm and slU ad- vanclng. Continent Crop prospects are decidedly worse since last report. Markets aro firm and higher." Tho Kentish Observer of July IT said of the English crop outlook: "The progress of tho plantations generally in Kent and Sussex leaves much to be de sired. Of the various districts Mid Kent shows the best promise of a crop and East Kent is a good second. The Golding crops have, so far, done best this year, but with the alvent of tho colder weather which we have lately experienced even the best hops are roc "filling in" and making the progress which thoy Bhould do. West Kent prom ises only- a very small yield and both the Weald of Kent and Sussex do not look at present like . producing anything like last year's crop. Washing Is still persisted in in ail the districts and it would be quite un safe to abandon It (although much of the Sine begins to have an overwashed appear ance), for fresh fly and lice continue to ar rive and, however thoroughly the washing has been done. In most gardens the young tips are smothered with vermin again in a few days. It is early to make an estimate. tut the crop can only bs a very moderate one. It must be under an average and at present it looks as if the two counties will probably produce about 20 per cent less than last year." MELONS NOW SELLING AT S CENTS Cantaloupes In Good Demand at Steady Prices Fancy Plums Received. Two cars of cantaloupes arrived yester day and met with a good demand at S1.60 2.B0 per crate. Watermelons were quoted lower at 2 cents. The demand has been checked by the recent high price, but with the return of warmer weather an improve ment In the trade is looked for. A mixed car of peaches, grapes and plums was received from the South. The peaches were Elbertas and sold at SI a box. Grapes were steady at $2-2.S0 a crate. The plums were of fancy grade and brought $1.75. Local peaches were In rather light supply and steady. Small fruits sold, at the old prices. Poultry Market Is Steady. The poultry market was steady, with a fair supply. Hens cleaned up at 14 4 cents and large broilers at 21 cents. A shipment of white ducks was received and sold at 15&15H cents. Dressed meats were very scarce and firm In price. The egg trade was quiet, but fresh ranch stock was firm. No changes were reported In the butter or cheese markets, which are in a healthy condition. Sugar Advance Is Expected. The sugar market Is firm, with an up ward tendency. There was an advance in raw sugars at New York yesterday of 10 points, which puts raws at the highest price for a year. No change was reported In the Eastern refined market. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: , Clearings. Bolsnces. Portland $1,362,402 $151,006 Seattle 1,960,001 150.196 Tacoms, 292,072 3X.S39 Spokane 000,071 6,12 PORTLAND MARKET QUOTATIONS. Grain, Flour. Peed, Etc. WHEAT Track prices: New club. 7819 9c; new bluestem, l8c; new forty-fold. 80c: new red, 77c FLOUR Patents, $4.70 per barrel; straights, $4.10; exports. $3.558.S5; vslley, $4.70; graham. $4.60; whole wheat, $4.Su. OATS No. 1 white, $za per ton; new, $25 25.50 per ton. CORN Whole, $32.50; cracked, $33.60 per ton. M ILLS TUFFS Bran, $24.50 per ton; shorts, $26.30 per ton; middlings, $31 per ton. BARLEY Feed, $2424.BO per ton; brew ing, nominal: new feed, $23.50 Q 24; rolled", $3.50&27.5o 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 6 per box; lemons, $910 per box; pine apples, 67c per pound; bananas, 4&uc per pound. ONIONS Walla Walla, $1.50 per sack. - VEGETABLES Boans, 4 6c per pound; cabbage, 14 2c per pound; cauliflower, $2 per crate; corn, 3(Jc per dozen; cucumbers. 2575c per box: eggplant, S410c pound; head lettuce. 3540c per dozen: peas. r(J7c per pound; peppers, 8&10o per pound; rad ishes, 10&12C per dozen; rhubarb. l'&'2c per pound; spinach, 70c per box; tomatoes, $1.10'S)L75 per box; garlic, 10c per pound. POTATOES New. 75c $1.25 per hun dred: sweet potatoes, 7c per pound. GREEN FKU1T Apples, new. J1.232.25 per box; apricots. 75c$1.25 per box; can taloupes, $1.50)2.50 per crate; peaches, 50c .$1 per box: watermelons. $3 per cwt; plums, $11.75 per box; raspberries, $1 per crate; loganberries, 75 . 90c per crate; pears, $2.25 per box: grapes. S1.50&2.50 per crate; casabas, $2.75 per dozen. Dairy and Country Produce. Local Jobbing quotations: ' POULTRY Hens, 14 c; Springs, 20 21c; turkeys, live, 1820c; dressed, choice. 2425c; ducks, 1215c; geese, young, 12c EGGS Oregon ranch, case count, 2223c per dozen; candled, 2627c per dozen. CHEESE Oregon triplets, 10Vc; Daisies. 17c; Young Americas, 18c. BUTTER Oregon creamery butter cubes, 20c per pound; butter fat, delivered, 30o per pound. PORK Fancy. 1212Ho per pound. VEAL Fancy, 15 "u 15 '4c per pound. Staple Groceries. Local Jobbing quotations: SALMON Columbia River. one-pound tails, $2.23 per dozen; half-pound flats, $1.40; one-pound flats, $2.45; Alaska, pink, one-pound talis, 85c; silversldes, one-pound tails, $1.25. HONEY Choice, $3.253.75 per case. NUTS Walnuts. 18o per pound: Brazil nuts, 12Hloc; filberts, 1515c: almonds. 18c; peanuts, 5g:5Hc: cocoanuts, 90c$l per dozen; chestnuts, 11c per pound; hlck orynuts. 810c; pecans, 17c; pine, 1720o. BEANS Small white, 0c; large white, 5.9006c; Lima, 6.30c; pink, 4.15c; Mexican. 5c; bayou, 4.15c. SUGAR Fruit and berry. $5. ,5; Honolulu plantation, $5.40; beet. $5.25; extra C, $4.95; powdered, barrels, $5.7d; cubes, barrels $5.85. COFFEE Roasted, In drums, 18032c per pound. SALT Granulated, $14 per ton; half ground 100s. $10 per ton; 50s, $10.75 per ton; dairy, $12.50 per ton. RICF. No. 1 Japan. 6SMc: cheaper grades, 414t; Southern head, 56c. DRIED FRUITS Apples, 10c per pound; aprico's, 12 14c; peaches, 8llc; prunes, Italians. St10c; silver, ISc; figs, white and black, 647c; currants, Qhic; raisins, loose Muscatel, U 4 S 7 1 c ; bleached. Thompson llic; unbleached. Sultanas, Chic; seeded, 7?4SHc; dates, Persian, 7Vi8c per pound; fard. $1.05 per box. FIGS Twelve 10-ounce, 85c; 50 8-ounce $1.S5; 70 4-ounce, $2.60; 30 10-ounce, $2.25; loose, 50-pound boxes, 6A7c; Smyrna, boxes, $1.10 j? 1.25; candled, $3 per box. Provisions. Local Jobbing quotations: HAMS 10 to 12 pounds, 2223c; 12 to 14 . pounds, 22 S 23c; picnics, 15c; cottage rcll. 17Mtc. BACON Fancy. 80 Sic: standard, 25(8 26c; English, 21 22c. LARD In tierces, choice, 14Hc; com pound, ac. DRY SALT MEATS Regular short clears. 14H16c; short clear backs, 12 to 16 lbs., 1516c; short clear backs, 18 to 25 lbs., 1516c; exports. 15 17c BARRELED BEEF Extra mess beef. $20; mess beef, $20; plate beef, $22; rolled boneless beef, S30. BARRELED PORK Best pig pork, $27; picketed pork. $25. Hops, Wool and Hides. HOPS 1912 crop, 1417o per pound; 1913 contracts. 20c per pound. PELTS Dry. 10c; lambs, salt shearling. 10 35c. WOOL Eastern Oregon, ll16c; val ley, 18 19c per pound. GRAIN BAGS Selling price, 10o Port land. HIDES Salted hides. 10llo per pound; salt kip, 12loc; salted calf, 10lSc; green hides. lOa10c: dry hides, 2122o; dry calf No. 1, 25c; No. 2, 20c; salted bulls. So. MOHAIR 1913 clip, 31c per pound. Linseed Oil, Gasoline, Etc. LINSEED OIL Raw, barrels. 5Bc: boiled, barrels, 61c; raw, cases, 64c; boiled, cases, 66c OIL MEAL F, o. b. Portland works: Car lots. $35; S and 10-ton lots, $34: ton lot.-. $35. TURPENTINE Barrels. C2'.4o; cases, 65e. COAL OIL Cases, 17H20c; drums and barrels, 1013c. ' GASOLINE Cases, 23c; bulk, 16c. SHEEP MARKET STEADY LAMBS SELLING FREELY AT $6 -VXD WETHERS AT $4. Cattle Bring Former Prices Hogs Do Not Reach "Old Quotation by Quarter. Trading at the stockyards was again of moderate volume Cattle sold within the former, range of prices, quality considered, and the mutton market was very steady, but hogs did not reach the previous top by a quarter. Only one load of steers was reported sold and they brought . $3.15. The best cows went at $7.50 and a load of heifers sold at $7.75. In the hog pens the sales were confined to two small loads of lightweights, which brought $9.7, a decline of 25 cents as compared with the recent best quotation. The bulk of the business In the sheep house was In lambs. Most of the sales were at $6, which shows the market is holding quite steady. A load of good wethers went at $4. Receipts were 4S4 cattle, 62 calves, 604 hogs and 2082 sheep. Shippers were: E. EL Willard, Baker, 1 car of cattle; Baker County Cattle Com pany. Baker, 2 cars of cattle; H. H. Troh brldge. Baker, S cars of cattle; A. L. De marls. Milton, 1 car of cattle and calves; Mr. McLoughiin. North Powder. 2 cars of cattle and calves; J. A. Martin, Firth, Idaho 1 car of hogs; L. L. Miller, Nampa, 1 car of hogs; J. Cooper, Condon, 1 car of hogs E. Heckler, Hunt's Ferry. 1 car of cattle : W. H. Harris, Shaniko, 3 cars of cattle and hogs; Prineville Land & Livestock Com pany, Shaniko. 2 cars of cattle; Ed Mc Greer, Shaniko. 1 car of cattle: Tom Bra gan, Shaniko, 1 car of sheep; jr. e. Hilton Shaniko, 4 cars of sheep; F. A. Knox! Shaniko, 2 cars of sheep; Grant Mays, The Dalles, 1 car of cattle; F. B. Decker,' Ger vais, 1 car of calves and hogs; Hugh Cum mlngs. Halsey. 1 car or hogs; George Zim merman. Yamhill, 1 car of cattle, sheep and hogs, and M. T. Gilmore, Wrights Wash., 2 cars of sheep. The day's sales were as follows: , . Weight. Price. 26 steers ms $s.iS 21 cows 1048 6.75 l cows !078 7.50 cows .. 1060 $.3 " 5UWB 1051 6.60 2o heifers l008 7.75 1 cow 1034 6.85 S3 wethers a07 4.00 8 mixed sheep 132 34 1 88 lambs 62 4 50 am" 73 6.00 100 lambs 69 6.00 125 lambs 7S 8 00 ISo lambs 70 600 S lambs 53 4;00 13 lambs 100 B 00 61 hogs i8s 9.73 ,? hogs 860 8.75 ti.Jloss 170 9.75 ine range 1 prices at the yards was as follows: Choice steeTS $7.75$8 10 Good steers 7 25 7 75 Medium steerj 7.0orJ 7-25 Choice cows 7.00 7 SO Gooa cows 6.25 O 6.50 Medium cows e.00 6 23 Choico calves 8.00 9.00 Good heavy calves 6.50 7.30 Bulls 4.009 0-00 Hogs . Light 9.50a 9.75 Heavy 8.50 S.75 Wethers 3.25 4.00 t-wea . ?;na a e Lambs 6.50 6.00 CADILLAC 1914. Watch next Sunday's papers for an nouncement. LOUDON BIG BUYER Purchases of Steel Estimated at 25,000 Shares. DUE TO QUARTERLY RETURN Tew York Market Is Easier With Declines Scored by Xiunber of Leading; Issues Foreign Settlement Is Satisfactory. bac,kBTe,n?HR?-KJuly 30 The moderate set becam. dr-ed by '"""e'-aa-y's stock market th'Tsnec,?,, ,?:n,"n"dtd.a7 h unf)- oia 2 to points Z recent high level. and .um.Vment Was un"led throughout and such improvement as was shown at the Selv11? ronerl,Vh"d almost en- ment ff "Le ta-?OT Quarterly state Cornorit? o" ,the Unltd States Steel dnnP " S,teel rose Po1"s in Lon- We wfth markt Allowing the movement shire. T ,PHUrC,h"e, M"m""l " 26.000 eSSa! inH'v1.01 marl"t steel failed to equal London's high price. iJiJ'WtakllMS oC Nl'nols Central was ex- prcfodlrdrPdcdnt-VhVo.?ock sfncriySflReC"n P"ce ,,, i. " "- x-acjuo, wnose in- leader at that ttae. M ""e" OI In th final Vimi U recent midsummer dullne. Without : .TrT in?. Ca.rrled markets ,"7 "?.r"? "nd Pa.ris cline, in .hare, of ldTn"n nk h.:.-i- . "u"a "st was affected by the . wf mfl." Sal6a f Cerumen! ih rlfm , ln rouna counts at 95. the recent low price. Government 3s and ufeeeJoo "ale"' par vaIue- aggregated CLOSING STOCK QUOTATIONS. bulldog: Portland. W"Sa Co" . Cloaina Ama, Copper .. Am Beet sugar.. 1,000 27 27U 27 AmCar&FdyT: 400 J38 4S 2SB m cotton Oil.. 1.10O 41 s In Am Smel & Rof 2,200 64 a? 5 m Sugar 100 100H 1W do nrrff't-Va'rl " l09 m 2L Tel-"- ""266 328 iiiit Viu Am Tobacco ... 800 224 T3 220 Atl Coast Line:: ,5 5 o ps:.1:800 " ! lraook&h.-- H22 "S25 "Si !.. CanadianPao .: sifoo g , 2 ci-lr?, A . - ' ?H Central of X J 5 Chlno goo kk 'iA-z SiroheV"..1:300 33 r gg Conso; Gas 406 132" isilt iS? i L oi W n & n g ? General Eleo .. ilS' Gt North Ore .. 900 85i 85 34U f. orth pf ... 1.700 18 125.H 125-4 Interboro-Mei -SS "VS. "TkS VSg In.er Harvester. 200 108 107 107 2 K C Southern .. 700 28 27 U. 97? lehlrh Vll. .. A i(vX it, -t.J? I.ouis & Nash .. '200 135 isaiJ iSou. Mexican Centlal uoo 1314 iqii Mo Pacific 800 83 4 822 8r"k Natior.il Lead .. 100 4H 4aii 4S Nat aiscuit 400 US' 117 116 Krdv rfr,red" , 1154 115H N Y Cnt & Wis 200 29 2 20. 29 Norfoljt 4 West. 400 106it lOO 104 North America ho, Northern Pac .. 2,400 110 108 10014 Pacllic Mail ... 200 20 20i 20? Pacific TAT 00 ii do p-efeired an People's Gas 113 Peaa'nss 4e 4iM 360 158T4 JBfl,2 i:pul)lic S & I. J.iOO 24i 2374 oi Rock Island Co. i FC0 1714. ITU 17 il Southern Pao .. 6,700 93H 82 93 Southern Ry . . . 1.200 24 23 24 To?, s-t 1. & wpi ".'" 23 uiwuu i-Bcmc . j.2U 14854 .147 148U do preferred 01 United Rds S P. 200 24 ii'U 2u. II h fcteel Cor .. 82.600 5 58 5:H rrd. P14'6"-- 40O 10874 1087, 108: Utah toppei ... 4,900 48H 47 471; V7.-I01, oruv 1 .' Western Union' e-. wosting tuc .. 200 64H 63T4 o3 Wisconsin Cent xotaj sales lor the day, 828.000 shares. BONDS. ,TpoTted hy Overbeck & Cooke Co., Board of Trade building, Portland. , . B1(J-' Asked. tchiton general 4s 95 n5i- Non-Fluctuating Investments Recentconditions have tended to make investors look with increasing favor on securities which do not depreciate in value or price with changing financial condi tions. To those seeking a sound and desirable investment, yielding an attractive in come, we recommend . Morgan - Bushong Investment Co. First Mortgage 7 Gold Bonds Dated April 1, 1913 Due serially in from 2 to 19 years Denomination $500 and SIOOO Each Principal and semi-annual interest payable at the office of the Security Savings & Trust Company, Trustee, Portland, Oregon t ThisJ.8slll of bonds is secured by first mortgage covering the Jeasehold 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 Streets, 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 m the City of Portland. The upper seven floors contain 375 well appointed offices ; the entire grade floor being devoted to store rooms etc A large portion of the building has already been rented for a fixed period of years 'to a very desirable class of tenants on a profitable basis. IN VIEW OP THE LARGE MARGIN OP SECURITY OVER AND ABOVF Twr BOND ISSUE, LOCATION AND ASSURED EARING CAPACOTOFTxffiPMP ERTY, AS WELL AS OTHER FAVORABLE CONDITIONS SURROUNDING THE SAME, WE UNHESITATINGLY RECOMMEND THESE BONDS AS AN EMI NENTLY DESIRABLE INVESTMENT., EMI HAVING ALREADY SOLD ALL BUT $46,500 OF THIS TOTAL ISSUE $2 "i0 esxS ?perAc.CE m oTSTosurr atpaIJdr: Descriptive circular containing detailed information furnished upon request. MORRIS BROTHERS Railway Exchange Building:, Portland Atlantic Coast Line 1st 4s.... B & O gold 4s B R T 4s Chesapeake & Ohio 448 C M & St P gen 4Hs C K I col 4s Cat Gas Ss C B Q joint 4s Erie general 4s............... Int Met 4M:S Louisville & Nashville unl 4s. Missouri Pacific 4s........... NYC gen 3s N & W 1st con 4s Northern Pacific 4s.......... Oregon Short Line ref 4s..... Paclfio Tol 5s Penna con 4s Reading general 4s. ......... . St L & S P ref 4s Southern Pacific ref 4s........ Southern Pacific col 4s....... Southern Railway 6s. ......... Southern Railway 4s Union pacific 1st and ref 4s.. United States titeel 5s........ West Shore 4s Wabash 4s Weetinghouse Elec conv 5s.... Wisconsin Central 4s United states 2s registered.... United States 2s coupon....... United States 8s registered.... United States 8s coupon....... United States 4s registered ... . United States 4s coupon....... . SO 0OV4 . 89 l .87 88 , 93 94 H ; 09 99 . t'SH 58 . 92 93 . 94 94 .71 .75 79 ,92 93 . 8 o . 81 .... .93 . S3T4 49 . Sti'-a 88 .97 . 99 99 ,94 95 . 69 70 . 89 89 . 88 89 j .102 102 .73 73 . 1 92. . 99 99 . 95 . 50 51 . 88 Ut) . 85 91 . 95 9B . 95 96 .101 102 .101 102 .110 111 .110 111 Stocks a Boston. BOSTON, July 30. Closing quotations: Aliouez , 81!Nevada Con .... 15 Amalg Copper.. 69 ; Nipissing Mines. 8 a z. u sc bm... iworin julte..... 26 Arizona Com .. 2 Cal & Arizona.. S3 Cal A Hecla.-.. .401 Centennial 11 North Lake L :. Old Dominion... 48 Osceola 75 Qulncy 06 Cop Ran Con Co 38 I Shannon 7 24 J Jblutte cop J. a buperlor Franklin 4Sup & Bos Min Granby Con ... 59 Tamarack 27 Greene Cananea. 6 I Royalle (Cop) 19 Kerr Lake 3 Lake Copper.... 6 La Salle Copper 4 Miami Copper... 22 Mohawk .". 41 U S S R Sc M 37 do preferred... 47 Utah Con 9 Utah Copper Co. 46 Winona ........ 1 Wolverine 44 Money, Jxohango, Etc NEW YORK, July 80. Money on call, steady, 22; ruling rate, 2: closing bid. 2; offered at 2. Time loans easy; 60 days, 84 per cent; 90 days. 45; six months, 6 6. Prime mercantile paper, 6 per cent. Sterling exchange easy, $4.8320 for 60 day bills and $4.8660 for demand. Commercial bills, $4.83. Bar sliver, 59 c Mexican dollars, 47c Government bonds weak; railroad bonds Irregular. LONDON, July 80. Bar' silver, quiet, 27 d per ounce. Money, S3Vi per cent. The rato of discount in the open market for short bills is 4 per cent; for three months' bills, 4 1-164 per cent. SAN FRANCISCO July 80. Bar silver. 59c. Mexlcal dollars, nominal. Drafts, sight 3c, telegraph 6c Sterling on London, 60 days, $4.83; do. sight, $4.86. Condition of the Treasury. WASHINGTON, July 80. The condition of the United States Treasury at the, begin ning of business today was: Net balance in general fund $10,993,265 Total receipts yesterday ......... 2,104,872 Total payments yesterday 2,855'479 The deficit this fiscal year is $13,109,502, against a deficit of $4,202,055 last year, ex clusive of Panama Canal and public debt transactions. Metal Markets. NEW YORK. July 30. Copper Arm. Standard spot, 14.00 14.75: electrolytic 16.12; lake, 15.25; casting, 14.87. Tin weak. Spot and July. 39.8739.?o; August and September, 89.25 39.37. Lead steady, 4.60 bid. Spelter steady, B.555.65. Antimony nominal. Cooksons, 8-4038.60. Iron steady and unchanged. London markets closed as follows: Copper steady. Spot. 66: futures 66 Tin weak, spot, 180; futures, fl80 Lead, 2L Spelter, 20. 12s 6d. . Iron Cleveland warrants, 55s, Coffee and Sugar. NEW YORK, July 30. In response to cables from Europe, the coffee market opened at a decline of 11 to 13 points and during the day ruled quiet. The Brazil ian markets were steady to Irregular. Of ferings were small and the market closed firm at a loss of 910c. Sales, 41,250. July and August, 8.90c; September, 9.11c; October, 9.21c; December, 9.36c; January, 9.34c; March, 9.58c; May, 9.66c. Spot, quiet and steady. Rio, 7s, 9c; Santos, No. 4, llc. Mild, dull: Cordova, 13 16c. Sugar, raw firm; Muscovado, S.lle; centri fugal, S.61c; molasses, 2.86c. Refined, steady. Cotton Maraket. 1 NEW YORK, July 80. Spot cotton, quiet. Middling uplands, 12c; do. gulf, 12.25c. No sales. Futures closed very steady, unchanged to four higher, except July, 10 points lower. July. 11.79c; August, 11.68c; September, 11.35c; October, 11.24c; November, 11.20c; December, 11.22c; January, 11.14c; Febru rary, lL16c; March, 11.22c; May, 11.26c LIVERPOOL, July SO. Cotton Spot moderate, business easier. New Grades of Kansas Wheat. TOPEKA, Kan.. July 80. The Kansas Grain Grading Commission in session here last night established a new grade of Kan sas wheat. It will be known as "red tur key hard wheat" the commission decided. The berries must be plump, round and smooth, the color dark brown, ln fact, the finest wheat grown in the state. The commission made a slight change ln the No. 2 hard wheat grade by removing the word "plump" from the requirements. Dried Fruit at New York. NEW YORK, July 30. Evaporated ap ples. quiet. Prunes, firm. Peaches, firm. WHEAT GIVES WAY Declines Cent When Corn Bulge As Checked. THRESHING RETURNS GOOD Excitement in Coarse Cereal Con tinues . With. Flighty Action of Prices Close , Xervous With Slight Gain. CHICAGO. July 30. Big trading and flighty action of prices kept excitement at high pitch today In corn. There was sharp difference of opinion as to a further upturn in the market, showers having been pre dicted. The close was nervous, to c above last night. Wheat finished at a decline of to lc. oats off e to C and provisions varying from unchanged figures to 30c down. Dry hot weather over the corn belt brought such a volume of orders to pur chase that the opening was unusually wild, prices ranging as much as a cent apart at the same moment among brokers almost at each others' elbows. Just when it looked as If a runaway market would develop ln corn, one of the largest houses on 'change began selling with such force that a bear party was quickly organized. It was argued that much of the crop damage could yet be repaired, except where hot winds had destroyed the pollen. Of ficial forecast of showers and cooler weather inclined many speculators to take chances. On the ensuing decline, however, there was a great deal of reinstating by early sellers. Wheat gave way as soon as it was evi dent that the upward movement of corn had been halted. Reports of generous threshing returns from the Winter crop had much to do with the weakness of wheat. Oats followed the same general course as corn, but the trade excitement was by no means so great. Realizing by holders wore down provisions. The hog market, and to some extent corn, suggested that the time was opportune to unload. The leading; futures ranged as follows: WHEAT. Open. High. Low. Close. July $ .85 $ .86 $ .84 $ -S474 Sept S .8S .S5 .85 Dec 90 .90 .89 .89 May 95 .95 .94 .95 CORN. July 65 .66 .65 .85 Sept. 65 .66 .64i .65 Dec 63 64 .62 .62 May 65 .65 .64 .04 OATS. July 40 .40 .39 .89 Sept 41 .41 .40 .41 Deo 43 .48 .42 - .43 May 46 .46 .45 .43 MESS PORK. July 22.15 22.15 21.95 21.95 Sept 21.26 21.30 20.95 21.00 LARD. Sept. 11.77 11.77 11.57 Oct 11.85 11.87 11.67 Jan. 10.72 10.76 10.67 SHORT RIBS. 11.57 11.67 10.70 July 11.70 11.70 Sept 11.80 11.80 Oct. 11.50 11.00 Jan 10.12 10.12 Corn No. x. 65 o: 11.43 11.60 11.37 10.07 11.45 11.60 11.40 10.12 White. 8, 65 w , 3 yel- No. 4 No. 2 i 4f7c: No. 2 yellow, fine: No. 65 c; No. 3 white, 666fic; No low, 6566c; No. 4, 64 65c; yellow, 6465c Rye No. 3, new. 6363c. Barley, 48 64c. Timothy. $.1.75 4.75. Clover, nominal. European Grain Markets. LONDON, July 30. Cargoes on passage, quiet. English country markets, steady; French country markets, quiet. LIVERPOOL. July 30. Wheat Spot, steady- futures, steady. July. 7s 4d; Oc tober. 7s 2d: December, 7s 2d. Weather, cloudy. Puret Sound Wheat Markets. TACOMA, Wash., July 80. Wheat Blue stem, 85c; fortyfold, 82c; club, 81c; red flfe SOc. Yesterday's car receipts Wheat, 8; hay, 20. SEATTLE, Wash., July 30. Wheat New crop: Bluestem. 80c; club, 77o; fortyfold, 78c; flfe, 77c; red Russian, 76c Old crop, nominal. Yesterday's car receipts Wheat, 9; oats, 3; hay, 9; flour, 9. Minneapolis Grain Market. MINNEAPOLIS, July 30. Close: Wheat Juiy, -(4iC; September. 886c: Decem ber, 89.89c Cash No. 1 hard, 89c; No. 1 Northern, 87iS8S74e: No. 2 North ern, 85&8c: No. 2 hard Montana, 84 c ; No. 3 wheat. S3 85 c. Flax, $L401.41; barley. 45B0C Grains in San Francisco. SAN FRANCISCO, July 30. Walla Walla Law; rea .Russian. 31.au; Turkey red, $1.50 fel.BO: bluestem. $1.C51.60; feed barley. LADD &TILTON BANK Established 1859. Capital '. -. . . f $ 1,000,000.00 Surplus 1,000,000.00 Deposits 14,000,000.00 Commercial and Savings Accounts OFITICEHS. S1- Ii?5d- ?fesLdent-,r. ?,?,ert s- Howard. Asst. Cashier. Edward Cookingham, Vlce-Pres. J. W Ladd, Asst. Cashier. W. H. Dunckley, Cashier. Walter M. Cook, Asst. Cashier. Comer Washington and Third Streets. First Nationa Capital $1,500,000 Surplus 800,000 Oldest National Bank West of th Rocky Mountain COBHES XXBSX A2H WASHINGTON ST3L Sailings from NEXT o 'LA . ' -i-Y ar U1K. ........... ...Sept. 1 7 J-A FKUVKNXE Sept. 3 1V fKOVluNCE eek i Twin-screw steamer. t Quadruple-screw steamer. SPECIAL, SATl'RDAY SAILINGS FROM NEW YORK. 1' M. ONE CLASS CABIN II) and THIRD-CLASS Passengers Only tEOCHAMBEAU An. IS 'CHICAGO ..An. SO W. Stinger, 80 6th St.; A. D. Charlton. 33 Morrison st.s E. M. Taylor. C M. & fct. i: Mtr.i Uorsey It. Smith, 9 5th t. : A. C Sheldon. 100 3d st.s H. Dickson. 122 Sd t.: North Bank Koad. Sth and Stark .. agents. Portland Sl.STtt 91.80; brewing barley, nominal; white oats, $1.501.52i ; bran, $25 25.50; mid dlings, $3132; shorts, 2T.5028. Call board Wheat, steady. Barley, easy; December. $1.84H; May, $1.37 bid, $1.89i asked; August, $1.274 bid, $1.28 asked; October, $1.811 bid; Novem ber. $1.32 bid. SAX FRANCISCO PRODUCE MARKET Prices Quoted at the Bay City for Vege tables, fruit. Etc. SAN- FRANCISCO, July 30. The follow ing produce prices were current here today: Fruit Apples, Gravenstelns. $1b' 1.6.": Newtowns, 1.752; other varieties, 50c $1; Mexican limes, J1012.50; California lemons, 6.607.50; pineapples. $1.25(&2.25. Cheese New 1815ic; Young Americas, 18c. Hay Wheat, $23 25; wheat and oats, $21.5022; alfalfa, $1316. Butter Fancy creamery, 81c; seconds, 2Sc. Vegetables Cucumbers, 35 60c; green peas. 2(a) 4c; string beans, 24ftc; eggplant. 60&S5c Onions New, red, 90c $1.10 per sack; yellow, $11.10 per sack. Potatoes New River whites. 90c $1.25; Early Rose, 75cgitl; Oregon, S."c3$l; new, fl.25ipl.75; Bweets. Mexican, 23fcc; Mer ced. 3i4Hc. Eggs Store, 26c; fancy ranch, 32ic. Receipts Flour, 12,494 quarters; barley, 8940 centals; potatoes, 8430 sacks; hay, UUtj tons. Naval Stores. SAVANNAH. Ga., July 30. Turpentine firm, 85 to 35c. Sales, 1061 barrels; re ceipts, 1332 barrels; shipments, S44 barrels; stocks, 28.818 barrels. Rosin firm. -Sales. 280 pounds: receipts. 2049 pounds; shipments, 1055 pounds; stocks, 161,943 pounds. Quote: A. B, $4.50 to $3.65; C, D, $3.70 to $3.80; E, $3:75 to $3.85; F. O, H, $3.85 to $4; I, $3.95 to $4; K. f4 to $4.15: M. $4.35; N, $5.25 to $5.30; WG, $6.25; WW, $6.50. Hops at New York. NEW YORK, July 8Q. Hops Steady. WATCH BITULITHIC BEING LAID Note the care with which the roadbed is gotten into condition, and then, step by step, watch the paving being put down. Then you'll understand why Bitulithie wears. bunsubiinuana CONSTRUCTION ENGINEERS PUBLIC SERVICE PROPERTIES FINANCED and MANAGED SO Pins Street New York J J.C.WILSON & CO. STOCKS, BONDS, GRAIN AND COTTON. MEMBERS NEW TORE STOCK EXCHANGE, NEW YORK COTTON KXCHVX.K, CHICAGO BOARD Of TRADE. THJb STOCK AND BOND EXCHANGE. bAN i RAN CISCO. PORTLAND OFFICE: Lewis Building, 269 Oak Street Phones Marshall 4120. A 4187. TKAVKI-E ICS' GCIPsV. LOS ANGELES AND SAN 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 28 miles per hour: cost $2,000,000 each. BAN FRANCISCO, PORTLAND L. A. s. s. co.. Main 26. Frank Bollam, Agent. A 4598. 124 Third Street. COOS BAY LINE blt.AMSHlf "BULAIiWATEK ails from Albers Dock. No. 3, Portland, at S A. ji. June 4. 9. 14, 19, 24. 29, July 4. , 14, 18, 24 29. thereafter every five days, s A. Id. Freight received daily until S P. M. except day previous to sailing, previous day 4 P. M. Passenger fares; First-class, sio; second-class. $7, including berth and meaia 1 lcket office at Albers Dock No. S. PORTLAND COOS BAY 3. 8. LINE. U H. KEATING. Agent. Phone Mala SM3, Drain-Coos Bay Auto Lias Now Dally to Marshfleld. Wire reservations to O. Mattoon, Drain. Oregon, I Bank CompB&nie Generate Tr&nsstlantxiue Direct Lln to Hra-a-Parla (Frmacet New Tork every Wednesday, 10 A. M. SAV0IE, Wednesday, Aug. 13 TRAVELERS' GtJIDgL THE NEW WHITE STAR LINE'S it LONDON-PARIS VIA Plymouth Cherbourg; Southampton Aug. 23 NOON Sept 13 OCT. 4 Oct. 25 Other Sailing. Majestic, Aug. 9, Aug. 30. Sept. 20 Oceanic, Aug. 16. Sept. 6. Sept. 27. New York Queens town Liverpool Adriatic ..Aug. 14 Cedrlo Aug. 28 Celtic Aug. 21 Baltic Sept. 4 Also Regular Sailings Between Boston, Mediterranean, Italy. Boston, Queenstowu, Liverpool. AMERICAN LINE Plymouth, Cherbourg, Southampton. -ATLANTIC TRANSPORT LINE New York, London Direct. RED STAR LINE New York, Dover. Antwerp. WHITE STAR DOMINION. CANADIAN SERVICE Sailings Every Satnrday from Mentreal and Quebec. BY THE LARGEST CANADLAX LIN ERS Including the Canada ....Aug. 9 Teutonic . ..Ang.23 Megantlc .Ang. 16 Lauren lie. Aug. SO Send for folders of the Short Land Locked St. Lawrence Route to Europe. A. E. DISNEY, passenger Agent. Bailey Bldg., 019 Second Ave., Seattle. Telephone Main 113 or Local Railway and Steamship Agents. EXCEPTIONAL SECOND CLASS ACCOMMODATIONS BY BOSTON SERVICE The S. S. CLEVELAND AND CINCINNATI are ships of unusual tonnage, providing spacious cablna, at ate rooms, and deck space. The Second Cabia accommodations compare favorably in comfort and luxury with the first cabina of ves sels of less tonnage. From BOSTON to LONDON PARIS HAMBURG Cincinnati August 18 Cleveland September 13 Cincinnati September S3 Cleveland. ............... .October a i Hamburg-American Line 160 Powell st., San Francisco, Cal.; German' American Trust Sc Savings Bank, Spring and. Seventh sts., I.os Angeles. Cal.; Hugh B. Rice & Co.. associated with Security Trust & Savings Bank. Spring and Fifth sts.. Los Angeles, Cal.; Thos. Cook & Son. 515 So. Spring st.. Los Angeles. Cal.; California Savings Bank, Steamship Dept., 4th and Spring sts., Los Angeles. Cal.: and Railroad and Steamship Agents ln Los Angeles. AUSTRALIA TAHITI AND NEW ZEALAND. Ronnd Trip Rates: 1st class to Tahiti 9135, to Wellington $267.50, to Sydney $300. ' Special Pacific Ocean Tonr (including coutn sea isies to Sydney via Tahiti. Raro tonga and New Zealand and returning to San Francisco (or Vancouver) via Auckland. Fiji or Samoa and Honolulu, $325. 1st class. Stop-overs any point, good one year. Sail (ngs from San Francisco June 25. July 23. August 20. etc. Union Steamship Co. of New. Zealand, Ltd. uiiicb; oia aiarKet street. San r ranclsco. BAHIA. RIO DE JANFIRO. SANTOS. MONTEVIDEO, BUENOS AYULS ROSATilO Lsrse, New srnt Fast Passenger Steamers from Nw York every alternate Saturday , To -tes.eic. anfy local ticket sirenio.or BUSK A DANIEI.S. General Ace"t, Sm Pmritjce Exchange. New nrk. EXPRESS STEAMERS FOR ean I'rancisco and Los Angeles WITHOUT CHANGE. S. S. BEAVER Halls 9 A. L, July 31. S. S. REAR, August 3. THE SAN FRANCISCO & PORTLAND a 8. CO.. Ticket Office 8d and Washing ton. With O.-W. R. & N. Co. Phone Marshall 4600. A 612L San Francisco, Los Angeles and San Diego Direct S. S. Roanoke and S. S. Yucatan, Sail Every Wednesday Alternateir as 6 P. M. NORTH PACIFIC S. S. CO. 122A Third St. Fhnm aiaia 1314. A 13X. Ha 1