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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Aug. 8, 1913)
TITE MORNING OREGON! AN. FRIDAY. AUGUST 8,-1913. I. BUYERS HOLD BACK Slow, Dragging Grain Market Looked For. WHEAT WEAK IN EUROPE T In-lltunc- "Cw-ru-- 17M - J Restricts Purchases of Grain, by Millers Larger Offerings of Barley Cause Bayers to Stop. Ths -way the wheat market lias started "ut this season indicates it will be a slow. drawing1 affair, at least for some time yet. The prospects are that the other grain markets will be equally unsatisfac tory. The foreign wheat and barley mar kets are slow and Inclined to depression, and exporters here are, consequently, hold ing back. The milling trade is not brick, and millers are, therefore, taking their time in laying in wheat supplies. The gen eral Impression seems to prevail that prices "will settle to s lower basis, and until the contrary is proved there Is not much chance of an active market. There were offers out yesterday of 79 cents for spot club and 78 cents was bid for September. Other sorts of wheat were more or less nominal. Barley buyers have largely withdrawn from the market. There was & fair demand last week which brought out numerous sellers, and the buyers have since slowed down. Some purchases of new brewing have been made at 925. Feed barley for September ehipment Is quoted at $23.50. Oats have sold at $24.50 for future delivery and at $27 on spot. Only a few small sales of export flour have been reported In the past few days. Local receipts in cars were reported by the Merchants Exchange as follows Wheat Barley Flour Oats Hay Monnay Tuesday- "Wednesday .." Thursday. 16 5 14 3 22 5 9 3 10 4 3 10 2 B 16 1 3 1 2S.S 170 235 SI 39 3? 234 5i Tearago 16 1 3 1 7 fason to date.. 170 235 SI S07 Tear ago 39 3? 234 5i 16S ORBGOS HOP CROP IX SEED OF RALX Further Purchase, at SO Cents Keep Market Firm at That Price. Continued purchases of hops on contract at 20 cents are holding the market firm at that basis. Catlin & Linn have bought POO bales in the past two days at 20 cents. CJeorge Lewis, .ffho buys for Lowle & Co., offered 20 cents, in the Independence sec tion for 800 bales. T. A. Llvesley & Co. are reported to have sold 500 bales at 21 cents. Reports from Independence were to the effect that the crop is beginning to show the need of rain. The laterals in some yards are drying up. The weather in England yesterday was cloudy. A cable received by way .of New Vork estimated the English crop the same as last year. London merchants' circulars just re ceived by mall are as follows: The rain that has generally fallen dur ing the week, has been m of considerable benefit to the English plantations, which give stronger promise of a lull average crop If -we have good weather during the next few weeks. Washing is still necessary. Reports from the Continent of Europe are disappointing, and, although there is a hope bf a good half-crop, the danger of the fly blight is still great. Pacific Coast cables continue to give encouraging reportB of their crops. All markets are rather higher, and holders of the small remaining stocks of 1&12S and old hops are more difficult to deal with. Speculative buying still con tinues for Continental account. Cattrey, tirldley & Co. More trade Is doing than Is usual at this period of the year, arid our market has im proved several shillings: the scarcity of stocks making Itself felt. Continental re ports are unchanged. American accounts are generally good. Thornton & Manger. There Is a good demand for hops for cop per purposes at a further Increase In values, with some difficulty in executing orders owing to the small stocks available. There Is also some inquiry for older dates, of which there is a great scarcity. Advices from the Continent show no improvement in the conditions, the growth being esti mated to fall much short of last year." "Wild, Neame & Co. The tone of the market is very firm. A sound, steady Inquiry continues for present requirements. With so few hops left buyers find it difficult to meet with suitable par cels for their needs. The attack of aphis blight continues and Is causing much anx iety. Manger & Henley. There has been a distinct hardening of prices during the past week, several par cels have passed into consumers' hands, further depleting the small stocks still re maining. All reports frdm- the English plantations speak of continued attack of the aphis blight. W. II. Sc H. Le May. WATERMELONS WILL NOT BE CHEAP California Supply Nearly Exhausted and Local Crop Is Light. -Watermelons will not be cheap this Sum mer. The market la California is steadily advancing and wires received yesterday said the growers were getting $22 in the field. This la the highest price recorded in sev eral years. The Turlock crop will last two weeks longer, and the Portland market will then have to depend on local melons. Trie crop In the North Is a light one. and prices will remain high. There was a sharp demand on Eront street yesterday for both local and out-er-town account. Cantaloupes were also firm. The first car will be in from Yakima today. They will sell at the same price, as California cantaloupes. Oregon peaches were in large supply and ranged in price front 30 to "5 cents, accord ing to quality. California peaches are still plentiful, but are working off well, the best Flbertas bringing 90 cents. A shipment of Taklma pears was received, but they were too green for immediate sale. A part car of Thompson seedless grapes arrived. They were quoted at $1.73. Mai agas in lugs sold at $1.10. Three cars of bananas were received green and four cars are duo baturday. Seattle Buyers After Poultry. Seattle buyers took all the poultry offered yesterday, but would not pay more than the old price. They succeeded In cleaning up the market, however. Hens were quoted at 14 ti cents and fcprincs at 20 cent .White ducks, weighing four to five pounds, were In falF demand at 12f: 13 cents, but small and colored ducks were not wanted. Arrivals of dressed meats continue on a very small scale. The egg market was quiet, without change In price. There were no new de velopments in the butter or cheese markets. New Manager of "Elevator Company. Jack Noyes, formerly with Henry p. Allen Co., of San Francisco, and later with the Olobe Milling Company there, has been appoirAed general manager in Portland of the California & Oregon Grain & Elevator Company. Bunk Cleauings. Bank clearings of Uie Northwestern cities ye.terduy were as follows: Clearings. Balances. Portland 11,720.015 122,027 Seattle 2.021.01-1 :ii7.544 Tacoma , u".2!0 3 340 Spokane 770.UU3 ll,7li2 PORTLAND MARKET QUOTATIONS, jrain. Flour, feed. Etc. WHEAT Treok prices: Club. 7S8 70i-; bluetem, MjS2c: forty-fold. 7aS80c; red RuRtilau. Ttic; rife, 77c iLOLR faients, i,70 per barrel-. straights. $1.10; exports, 33.55 Q 3.65; valley, $4.70. graham, $4.60; whole wheat, $i-So. OATS No. 1 white, $27 per ton; new, $24.i0 per ton. CORN Whole, $34; cracked, $35 per ton. MILL8TUFPS Bran. $24.50 per ton; shorta, $26.50 per ton; middlings. $31 per ton. BARLSJJ Feed. $2424.50 per ton; brew ing, nominal; new feed, $23.50; new brew ing, $25; rolled, $26.5) 027.50 per ton. HAY Timothy, $16.50 alfalfa. $13.50; clover, $10; oat and vetch, $11 1.2. Dairy and Country Produce. Local jobbing quotations: POULTRY Hens, 14 hi c ; Springs, 20c ; turkeys, live, 182oc; dressed, choice, 24&25c: ducks, 12&13c; geese, young, 12Hc. EGGS Oregon ranch, case count, 23 24c per dozen; freeh ranch, candled. 27 28c. CHEESE Oregon triplets, 16c; Daisies, 17c; Young Americas. 18c BUTTEK Oregon creamery butter cubes, 32e per pound; butter fat, delivered, 32c per pound. PORK Fancy, 12il3c per pound. VEAL Fancy, 15(ffl5c per pound. m fruits and Vegetable. Local jobbins quotations : TROPICAL FKUlTb Oranges, $4.50 6 per box; lemons, $S.5la9.50 per box; pine apples, 6&7C per pound; bananas, id 5o per pound ONIONS Walla Walla, $1.50 per sack. cabbage, 2 !&2 jc per pound; cauliflower, $2 per crate; corn, iiouc uozen ; cucumDers, 2Oi240c per box; eggplant, 8?&10c pound; head iettuce, 354Uc per dozen; peas. 5o7c per pound; peppers, 8&10c per pound; rad ishes, lo Q 12c per dozen'; rhubarb, !&2c per pound; tomatoes, 50c & $1.10 per box; garlic, 10c per pound. POTATOES New. 75c $1.25 per hun dred ; sweet potatoes, ti c per pound. GREEN FRUIT Apples, new, 90c & $2.25 per box; apricots, 7 ."tig. 1.2 5 per box; can taloupes. $2.505 3 per crates; peaches, 30 90c per box; watermelons, $2 per cwt.; plums, '75cl$1.75 per box; raspberries, $1.25 per crate; loganberries, $1 per crate; pears, $2.25)2.50 per box; grapes, $1. 50(31. 75 per crate; casabas, $2.25 per cozen. Staple Groceries. Local jobbing quotations: SALMON Columbia River, one-pound tails, $2s5 per dozen; halfrpound flats, $1.40; one-pound flats, $2.45; Alaska, pink one-pound tails, 85c; eiiversidea, one-pound tails. $1.25. HONEY Choice, $3.253.75 per case. NUTS Walnuts, 18c per pound; Bra2ll nuts, 12ploc; filberts, 15 (a? 15 He; almonds, 16c; peanuts, 55VzC; cocoanuts, 90c $1 per dozen; chestnuts, 11c per pound; hick orynuts. 810c; pecans, 17c: ptne, 17'20a BEANS Small white, Qc; large white, 5.90 &uc; Lima, 6.30c; pink, 4.15c; Mexican, Be; bayou. 4.15c. SUGAR Fruit and berry, $5.5; Honolulu plantation, $5.40; beet, $5.25; extra C. $4.95; powdered, barrels, $5.7 w; cubes, barrels, $5.65. COFFEE Roasted, In drums, IS 32a 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, 55Hc: cheaper grades, 4 He; Southern head, 5 6 3ic. DRIED FRUITS Apples. 10c per pound; aprico'a, 12fQ14c; peaches, 8 11c; prunes, Italians, S&10c; silver, lec; figs, white and black, 64 & 7c; currants, ac; raisins,' loose Muscatel, 6 14 7 c ; bleached, Thompson. 1134c; unbleached. Sultanas, Cc; seeded, 78jc; dates, Persian, 74Sc per pound; fard, $1.65 per box. FIGS Twelve 10-ounce, Soc;, 50 6-ounce. $1.85; 70 4-ounce, $2.50; 30 10-ounce, $2.25; loose, 50-pound boxes, 66 7c; Smyrna, boxes, $1.1031-25; candled, $3 per box. Provisions. Local Jobbing quotations: HAMS 10 to 12 pounds, 2223c: 12 -to 14 pounds, 22 23c; picnics, 15c; cottage rcll. 17c. BACON Fancy. 3031c; standard, 25 26c; English, 2122c LARD In tierces, choice, 14Hc; com pound, 10c. DRY SALT MEATS Regular ehort clears. 143 ltic; short clear backs, 12 to 16 lbs., 15fldc; short clear backs, 18 to 25 lbs., 1516Vc; exports. 15H17c BARRELED BEES' Extra mesa beef, $20; mess beef, $20; plate beef, $22; rolled Hop. Wool and Hides. HOPS 1912 crop. lotgilSc per pound; 1913 contractu, 20 & 20 H c per pound. PELTS Dry, .loc; lambs, salt shearling. 10 35c. WOOL Eastern Oregon, ll16c; val ley, lSg19c per pound. GRAIN BAGS Sellins price 10 He Port land. HIDES Salted hides, 11 V4 12c per lb. ; salt kip, I2'4fiac; sax ted calf, ltilSc; green hides, 104.llc; dry hides, 2223c; dry calf No. 1, 25c; No. 2t 20c; salted bulla. Sc. MOHAIR 1913 clip. 31c per pound., ' Unseed OH, Gasoline, Etc. LINSEED OIL Raw, barrels, 69c; boiled, barrels, 61c; raw, cases, 64c; boiled, cases, 66c. ' OIL MEAL F. o. b. Portland works: car lots, $35; 5 and 10-ton lots, $34; ton lotv. $35. TURPENTINE Barrels, 52 '.tc; cases, DSo. COAL OIL Cases, 17V&20W.c; drum and barrels, 1013VsC. GASOLINE Cases. 23c; bulk. 16c STOCK LINES STEM TRADING AT ORTH PORTLAXD IS LIMITED. Hecelpts Are Light -and' Cattle and Hogs Are Moved at Former - Quotations. Only a few loads of cattle and1 hogs were disposed - of at the stockyards yesterday. The cattle sold within the range of prices that have been current for several days past. Hogs also moved at unchanged prices. The general market situation has under gone no material alteration this week. Receipts were 2tt cattfe, ' calves and 31? hogs. ' Shippers were: J. D. Densmore, West Stayton, 1 car of hogs: B. S. Norwood, Harrlaburg, 1 car of cattle, calves and hogs: c. Werth, Montague, cal., 1 car of hogs: Redmond Warehouse Co.. Redmond. 1 car of cattle, calves and hogs: Talbott & Son, Manhattan, Mont., 1 car of cattle and hogs;. G. E. Bennett, Woodland, Wash., by boat, J 2 cattle, and Mr. Nicholson, who drove in 2 hogs. The day's sales were as follows: Weight. Price. 15 cows- 1171 tl.ij 3 steers 1100 8.00 3 steers 03ti 7.00 1 cow 5.0 1 cow b7u MOO 1 cow 1180 6.50 2 bulls . .i SSI5 3.25 3 bulls 8H3 4.25 S bull 1210 4.50 18 hogs 155 U. 20 1 hog . . .- 4M 8.00 2 hogs - 145 0.00 1 hog 120 8.00 4(1 hogs 211 U.'JO 4 hogs 105 U.00 5 hogs 124 .uo The range of prices art the yards was as follows: Choice steers "f7.75$S.50 Good steers 7.25f 7.7.1 Meolum steers 7.009 7.25 Choice cows 7.00 rrti 7.75 tiood cows 6.25 6.50 Uedium cows 6.00( 6.2o ;hoico calves 8.00 U.OO vlood heavy calves 0.50 (o 7.50 bulls 4.00 6.00 Hogs " Light 8.25 9.73 Heavv 8.25 lip 8.70 Wethers Eweav Lambs 3.25 4.00 2.50 if 3.50 5.5040) 5.75 Omaha Livestock MJU-ket. - SOUTH OMAHA, Neb.. Aug. 7. Cattle Receipt 1700; market, strong. Native steers, $7.23 'y 8.85 : cows and heiters, $5.755t8; Western steers; S.3iu8; Texas steers, $tirf 7.50: stockers and feeders, $6.25(07.75; calves., stl'fiU.nO. . - Hogs Receipts, 12.300; market, steady. Heavy,- $S'y8.15; light, sso1 8. to; pie S7liS: bulk of sales. S8.05ii8.20. Sheep Receipts, 16,00u; market, steady to 15c lower. Tearlings. $6.4.ifa 8.30; wethers. $4.:34B 4.73; lambs, i. Chicago Livestock Market. CHICAGO. Aug. 7. Cattle Receipts. B000; market, strong to a shade higher. Beeves. 17.10S0.10: Texas steers, $6,750 7. SO; Western steers, $6.25&7.65; stockers and feeders, $5.23 i . o ; cows ana neners. $3.U0'a8.40; calves, 11- Hogs Receipts, 17.0UO; market, alow and steady to a stiace nigner. i-igiit, 8.ua 9.15: mixed. 7.y5 ii 9. IO : heavv. S7.6U-LT 8.70: rough J7.tl0' 7.80; pigs ?5Ci 8.35 ; bulk of sales. S3.10& 8.75. Sheep Receipts. 12,000; market, steady to 10c higher. Native, $4.1013.10; western. 4.::3.a 3.10; yearlings, ?3.33'3 b.ia; lamDs, $5.507.40; Western, $6(0-7.63. Cotton 5lMrket. "NEW YORK. Aug. 7. Spot cotton, quiet. Middling uplands, 12c; do. gulf. .12.25c. No sales. Futures closed steady at net loss of six to seven points on active positions. Near months were relatively quiet and steady, tinrilnir 5 aolutm &et h ia,her. BEARS ARE ROUTED Stock Market Strong at Higher - Level of Prices. STEEL SCORES WIDE GAIN I tii proved' Crop Outlook Affects Southern and Southeastern Rail way Shares London Is Liberal - Buyer Bond Market Firm. NEW YORK, Vug. 7. Manipulation of a professsional character, aided by such fac tors as betterment in the Balkan situation and helpful rains over some of the parched agricultural centers of this country, infused a measure of underlying strength in today's stock market.. The movement was so ir regular, however, as to carry little public support. ' Politics played 'no part In the day's af falrs although the emergency notice of the currency commission of the American Bank ers' Association for a meeting to act on pending legislation at Washington served as a leinlntler. The Mexican situation con tinued to be ignored. No small part of the further rise was made in the face of continued resistance by the bear faction. Steel's advance to its best figure in some months was the more surpVising, Inasmuch as it disregarded re ports of price concessisons for certain fin ished products. Th-j effect of the improved crop outlook was seen in the better tone of the Southern and Southwestern railway shares. while Heading and Lehigh Valley, especially the latter, probably owed their recovery to ex cellent earning exhibits. St. Louis & San Francisco also reported very good earnings, which were reflected in a smart rise in the gentral 5s. Amung the specialities declines of two fo four points were made bv some of the to bacco sharea and American Writing Paper preierrea. vuie ueneral Chemical dropped nine po,nt on one transaction. London bought some 15,000 shares of Steel, Amalgamated and Union Pacific In this njtrket. following ljs higher level for our cecunwes at nome. 1 he Bank of England - strengthened Its reserves ana goia Holdings and the feature of the Bunk of England's abatement was a decrease of almost $ 68,000,004 in discounts. The bond market was firm on light deal ings. Government bonds were unchanged on call. Total sales, par value, were S1.7S1,- CLOSING STOCK QUOTATIONS. Reported by J. c. ;Wllson- & Co., Lewis Closing Kales. 22.5O0 - 600 . ,2"0 300 800 7U0 2,700 100 200 High. LOW. BIO. 70 '4 715, 26S 26 Amal Copper . . Am Beet Sugar. Am Can Co .... do preferred. . Am Car & Fdy.. Am Cotton Oil. Am Smel & Ref. do preferred. . Am Sugar do preferred.. Am Tel & Tel.. Am Tobacco . . . Anaconda Atl Coast Line. . A T & Santa Pe. do preferred.. Bait &Ohio ... Brok R Tran . .. Canadian Pac .. C it O C & G W C & N W C, M & St Paul. 33 T S3H 4G" 44 06 101 . 110 126' " 232 36 A PS 8714 215V, 50 108Vs 24 33 H . 33 H Mis 4 43 05 101 110 12s 232 36 H 'f"74 118 74 214f 55 iis4 107 23 T4 '36 31 3f 0 20 156 H 214 140 'i 35 12S 107H 15 DS 27 i 1504 134 03 46 434 65 101 10914 1 I 600 10O 1,100 " V.666 1,1 IM) 700 1.200 5,900 1.800 " " " ' 00 4,800 .400 ' 6.206 noo 128 ;so 36 10 07 7 88 214 55 13 129 .aoy Central Leather. 23 Central of N J.. Chlno 'ioW 32 isii 3H0 ' 20 2 140. 30 128- 107 15's 58 27 151 U 1.34 3 26 . 24 28. 4t) 31. 20 Col Fuel & Iron Col Southern . .. Consol Gas .... D L & W 100 100 300 132 390 20 D & R G Distilling Securi. 100 l.-ts 29 140 i Erie 4.50O General Elec 200 Gt North Ore Gt North pf Illinois Central.. Interboro Met .. 35 12SV 107 15i 600 1,000 600 500 20O 1,800 300 '3(i6 1,700 preferred. . 5814 K C Southern . . Lehish Valley .. mi 134 Louis &. Nash . . Mexican Central M. S P & S S M. Mo, Kan & Tex. National Lead .. Nat Biscuit 12 16 234 118"" "8 2(114 105 V 71 111 . 2114 23 48 'A 118 118 814 201; lf'5 71 HO 2114 28 P 113 11414 189 24 1S14 !214 25 11414 152 1 83 i do preferred. . N Y Central . . . 300 500 300 300 1.000 200 OS's 20 71 my. 21 W N T. Ont & Wes Norfolk & West. North America.. Northern Fac .. Pacific Matt .... Pacific T & T.. do preferred.: Pennsylvania ... 400 1134 1131 People s Gas . . . Reading 36,600 li'O 8.70O 10.800 SOO 1.200 35, SOO 160 24 Ti 18 M 2514 118 152 'i 15914 24 17 32 25 115V4 1-1 84 1. Republic S & I. Rock Island Co. Southern Pac . . Southern Ry . . . Texas Oil Union Pacific . . do preferred.. 200 United Rds S F. U S Steel Cor.. 64,200 62 fili f,S t JOS 108 4 64 fiS 4rt do preferred.. fi"H) Utah Copper . .. 6,000 Western Union Westing Elec . . 200 Wisconsin uent Total sales for the day, 2GO.50O shares. BONDS. "Reported by Overbftck & Cooke Co.. Board 01 'raae nuuaing, roniapa. Atchison general 4b Atlantic Coast Linellst 4s. B & O gald 4s " B R T s. Chesapeake ft Ohio 4s C M & St P gen AJis C R I col 4s Cal Gas fs C B Q joint -Is Erie general 4s. .t lnt4MeL46B Louisville & Xashville unl Missouri Pacific 4s NYC gen 38 N W 1st con 4s Northern pacific 4s Oregon Short Line ref 4s.. Oreeori Ry Nav 4s Pacific Tel 5s Penna con 4s Reading general 4s St L & San Fran ref 4s Southern Pacific ref 4s. . . . Southern pacific col 4s Southern Railway fis Southern Railway 4s I'ntted Railway inv 4s Bid. Askd. ,. !rs s3 . 90 HI . OOii 91 , . 68 U St ..OH 04 . . 99 , . S9 5n4 .92 9a .. 94 H 94 76 . 7.i .. 75 76 . . 92 93 , . ft 9 , . ho S2 ..S3 . 99 99 . . 91 92 . . 97 M 98 . ; 99 1 00 . . 94 9." ..70 72 .. $9 90 M . . 89 ..IOI? 103 H ..74 75 ..55 ..92 93 . .100 loo4 . . 95 . . 52 52?i . . SS 89 . . bSft 87 ..79 80 - . 07 99 . . s 100 ..101 102 ..101 102 ..HO 111 ..110 111 Union Pacific 1st and ref 4s. l nit e a States Steel os West Shore 4s Wabash 4s Westinghouse Elec conv 5s. Wisconsin Central 4s Western Pacific 0s United States s , registered. United States lis coupon.... United. States Bscoupon.. United States 4s reistere United States 4s coupon.. - Stocks at Boston. BOSTON, Aug. 7. Closing Quotations: Allouez. 3Nevada Con 16 Amalff Copper. . 71 iNipissirc: Mines. 8 A Z L Sin... ' .rsorin jutte ZS Arizona Com. . 2. Old Dominion... 49 B & C C & S M. 99 lOaceola. 78 Cal & Arizona... t4IShannon 6 Cal & Hecla .410 'Superior 23 K Centennial 12 !"Sup Bos Min,. 2 Cop Ran Co nCo 38 H i Tamarack 27 E Butte Cop M. 12HiU S S R & M... 39 Granby Con ... til do -preferred... 47 Greene Cananea. 6 Utah Con S I Royalle (Cop) 19 iUtah Copper Co. 49 S Kerr Lajte.. 3 (Winona 1 La, Sail Copper 3 l Wolverine 43 Mohawk . 43 1 Money, Exchange, Etc. NEW YORK. Aug. 7. Money on' call steady, 24 42 per cent; last loan 2; closing bid, 2; offered at 2. Time loans easier, 60 days. 334t per cent; 90 days, 4 & 4 ; six months, 5 41-6. Close: Prime mercantile paper, 6&ti per cent. Sterling exchange steady, with actual business In bankers' bills at $4.8310 for 60 day bills and at S4.SC00 for demand. Commercial bills, $4.82 ! Bar silver, 59c. Mexican dollars, 47c Government bonds steady; railroad bonds firm. LONDON, Aug. 7. Bar silver quiet. 27 d per ounce. Money, 2 3 per cent. The rate of discount in the open market for short bill is S'flS per cent; for three months' bills, S 6 4 per cent SAX FRANCISCO. Aug. 7. Silver bars, 59 He. Mexican dollars, nominal. Drafts, siftht .02, telegraph .05. Sterling in London, 60 days. $4.734; do, sight, 4.8t. . s Condition of the Treasury. WASHINGTON, Aug. 7. The condition of the United States Treasury at the beginning of business today was: Net balance In general funds $130,921 ,SS5 Total receipts yesterday. ....... 2.524So Total payments yesterday - 2.5S4.495 against a surplus of S2S4.359 last year, ex clusive or Panama canal and public aeDt transactions. SAN FRANCISCO PRODUCE MARKET Prices Quoted at the Bar City for Vege table, Fruit. Etc. SAN FRANCISCO. Aug. 7. The following produce prices were current here today: fruit Apples, Graven&teins, $ita-.i.B3; Newtowns, $1.752; other varieties, 50c H.oo; Mexican limes, SlOcl'J. 00; (Jaillorula lemons, S6&&; pineapples. 41.25 i 2.25. Cheese New. ljb iilic; xoung Ameri cas, 18c. Hay Wheat, $23&2a; wheat and oats, $21.50&22; alfalfa, $13&15. ' Butter Fancy creamery. 00c: seconds. 30c vegetables Cucumbers, 25 40c; green peas. 2414c: string beans, 3&6c; eggplant, 50 . 1 5c. unions jNew, yellow, $ii.i3 per sacK. Potatoes New river whites. 75c &S1; Merced, 2&3Vsc Hggs Store. 27c; fancy ranch, 33c Receipta Flour. 2715 quarters; barley, 67.157 centals; potatoes. 4795 sacks; hay, 1284 tons. Coffee and Ijfligar. NEW YORK, Aug. 7. Reports that the Balkan allies had agreed upon peace terms were accompanied by higher European ca bles, and . the local market for coffee f u tui'es opened steady at an advance of 18 to 20 points. The advance met considerable realiziuir. Closintr cables from Havre were a shade lower, and prices here eased off. .nuca 01 tne Dusiness represented switcnes from, near to late months, with September exchanged for March, at 51 and 52 points. The market closed steadS'- August. 8. 61c: September, 8.68c; October, 8.7Sc; December, 9.98c: ijanuary, 9.04c; March, 9.21c; May, 9.31c; July. 9.35c. ejpot coffee steady. Rio No. 7, 9c: San cos 4s. 1174c.-'' Mild coffee quiet. Cordova, 131614(3. Sugar Raw firm. Muscovado, 3.23c; centrifugirl, ,J.73c; molasses. 2.98c. Refined firm: 'cut loaf. a.50c; crushed, 5.40c: mould A, 5.05c; cubes, 4.95c: XXXX powdered, 4.8fic; powdered,' 4-WJc; fine granulated, 4.70c; diamond A, 4.70c; confectioners' A. 4.55c: No. 1, 4.50c. Metal Markets. NEW YORK, Aug. 7. Lead firm,".50 bid; in London. 20 15s. g Spelter steady. o-65& o.73; In London, tuu 10s. Copper Arm. Standard spot to October,, 14.50 bid? electrolytic, 15.50; lake, 15.75; casting. 15.25. Tin easy; spot. 41.4041.75: August, 41.10 41.50; September and October, 40.&7(U' 41.12. Antimony nominal Cookson.s . 8.40 8.50. Iron steady and unchanged. London markets closed as follows:' Cornier auiet. Spot and futures. 6S 2s 6d. Tin quiet. Spot 186 , 15s; futures, 186 1US. -Iron Cleveland warrants, 54s 10 d. . Naval Stores. - SAVANNAH, Gs.. Aug. 7. Turpentine firm, 83Vit5?4. Sales 500: - receipts, 87; shipments, 68: stocks. 33,700. Rosin firm. Sales. 3325; receipts. 2454; shipments, 455: stocks. 171.042. Cluote: A. B. $3.75; C. D, $3.SO to $3.90; E, $3.95; F, $3.95 to 94.00: G, $4.Uo to $4.10; H, 1, $4.V3 to 4.iu; K. $4.10 to $4.15; M, $4.35: N, $5.23 to $5.35; WG, 6.15 to 6.25; WW, $6.45. 4 Dried Fruit at New York. NEW YORK, Aug. 7. Evaporated apples quiet, prunes steady, feacnes urm. Hops at New York. NEW YORK. Aug. 7. Hops Steady. Imliith Linseed Market. ErULUTH. Minn., Aug. 7. Close: Linseed, $1.42; September, $1.42 bid; December, $1.4014 asked. Chir-agro Dairy Produce. CHICAGO. Aug. 7. Butter Unchanged. Eggs Receipts, .8317 cases, unchanged. Dodgers of Flying Slumps Get Revenge in Court Roof of Heights Home Smashed. Following? Blast. Woman Leads Complainants and Defendant is Fined. TT0 A. Joplin, of the firm of Giebisch L & Joplin, it fell to play the short end of a miniature mob scene when he confronted, in Municipal Court yester day, a delegation of Portland Heights residents, who had assembled to press against him a charge of blasting with out a license. Doughty himself, the de fendant was not a whit less plucky than Mrs. M. W. Toreny, who, with her husband, led the cry against him "A big stump whirled over the tops of the houses and broke our roof," she complained. "I offered to fix it replied Mr. Joplin. "Yes, he brought one bundle of shingles and wanted to borrow our hammer." "The hole wasn't any bigger than a book, pleaded the defendant. "But the rafters were broken and you couldn't fix them with shingles.' "I beg your pardon, but " "You've got no right to break up people s houses and nearly kill them. One stump came within 15 feet of me. Just a moment, madam "And if the court don t make you stop, we -will. And you said my mother was an ojd woman, and she isn't." - "She's older than you are," replied the flustered contractor. Here the vociferation became gen eral among the dozen or more of householders on the complaining steo till the court cut straight across and found the defendant guilty.' A fine of $25 was Jmpoaed. - UNION STATION OPPOSED John I- Stevens Favors Several Terminals in Chicago. John K. Stevens, the eminent engi neer and ; ex-president of the North Bank: railroad and Kill lines in Oregon, has jtifct completed a survey of the Chicago terminal situation for the city of Chicago and the 29 railroads radiat ing out of that city. Mr. Stevens' report does not approve of toe plan to build a single union sta tion in Chicago for use of all the road entering that city. He says such ac tion would be a mistake "and one tha never could be retrieved." He gives it as his expert opinion that five or six or even more well lo cated terminals planned and built with a liberal eye to future enlarge ment would give the public much bet ter service than a union station. H predicts, also, the ultimate electrifica tion of all lines operating within th city limits of Chicago. Mr. Stevens' report is In accordance with the ideas of most railroad off! cials that construction of union sta tions In cities as big as Chicago is up wise, the business being too great to be handled without congestion. Railroads, in recent years, have been getting away .from the union station idea. Even in cities of the size of Portland, the sentiment of experts is against the single terminal. Two or more competing terminals give the best service, they declare. HUNTER SHOOTS HIMSELF Albert "Wagner Taken to Hospital With Bullet Wound In Leg. Suffering from a bullet wound in his left leg, Albert Wagner is under treat ment at Good Samaritan Hospital.- He was taken to the institution early yes terday morning", following" an accident while ne was nunung near Eugene. "Wagner's, home is at 881 Division street. v Wagner's is the third accidental shooting case which has been received at the Good Samaritan within the past week. Herbert Randall, who acci dentally discharged a shotgun, inflict ing 11 wounds in his abdomen, is re covering and it is expected he will be able to leave the hospital in a short time. H. H. Freeman, who accidentaly shot himself in the knee at his home two miles west of Rose City Park, and who was taken to the hospital Tuesday, is convalescent. EXPORT SALES SLOW Wheat Prices Under Pressure in Chicago Pit. SPRINGk ESTIMATES RAISED Last Prices Show Declines Hanging "Up to Three-Quarters - Corn Breaks on Belief Drouth Is Xear End. CHICAGO. Aug:- 7. Belief that th breaking of the drouth Is near, led to heavy selling: today in corn. Closing: prices were nervous at a range c lower to He up. Wheat finished (c, to c down. oats at a grain pf He to i c and pro visions varying from 2Mo decline to an advance of 25c. All the corn offerings were well aosoroea. some of the larsrer bulls becomlne aggres sive and adding to their holdings. The September option, in which Bome leader is supposed to have a big line, was espe cially tight at the windup, after a series of rapid changes over a range of 2c. Dis tressing? reports or damage to corn in Kansas and Missouri accompanied news of scorchine heat and of exhausted mo Is ture. St. Louis was said to be buying corn near Chicago today to ship to Wichita, Kan., a Sroceedin seldom, if ever etore attempted. ' Wheat orices eurrerea rrom pressure nue to the slowness of export sales and be cause of the raising of private estimates on vlnlrlM In th Srrlnsr rrOD states. The market rallied a little in the late deal ings. improved shipping aemana strenginenea oats. The recent break has caused a mucn better Eastern call. Packers miyinir lara rainea tne provision market. Offerings were scarce after prices began to advance. The leading futures ranged as ioiiows: WHEAT. Open. High. Low. Close. Pt S -3H -"oH. -S5 -86 Dec 89' .OOi. .SO .SO May . .95 14 .95 V3 .94 .95 H CORN. Spt. Dec. May .6!) .68 .70 .69 .or. H .67 .70 It, .68" OATS. . .41 H .42Vt -41'i . .434 .44'; .43i . .46,i .47 Va .46 Va MESS PORK. Sept. .42 .47 K 20.85 Ueu. May Sept 20.60 20.90 . 20.60 LARD. ...11.40 1 1.47 'i 11.37 Va . ..11.45 . 11.57Vi 11.45 ...10.73 10.S21 10.70- SHORT RIBS. ...U.12:i 11. 22 ll.CS ...11.10 11.22V 11.07 Sept. Oct. Jan. Sept. 11.47 Vi 11.53 10.S2H 11.17H 11.171,, lO.MVi Oct Jan 10.12 10.22 10.12 Cash prices were: Corn Xo. 2, 7071Vic: No. 2 white. 7171c; No. 2 yellow, 70iSf7Hic; No. 3, 7071 No. 3 white, 70l71c; No. 3 yellow, 70471c; No. 4. 6UCg-T0c: No. 4 white, 699i70c No. 4 yellow. 60!iQ) - Rye No. 2. .'new, 62c. Barley. OOfioc. Timothy, $4ijj.4.90. Clover, nominal. Minneapolis Grain Market. MINNEAPOLIS, Aug. 7. Close: Wheat, No. 1 hard, &c; No. 1 Northern, 87i'S S9Vic; No. 2 Northern, 85&87Kc; No. 2 hard Montana, 83Vic; No. 3 wheat, 8454 85c; September, 'S7&$1.04; December, 0c: May, 95 954c. .barley, unchanged. I-lax. fl.4iQri.4.'. European Grain Markets. LONDON. Aug. 7: Cargoes on passage neglected. Kngtish country markets firm. French country markets steady. LIVERPOOL. Aug. 7. Wheat Spot steady. Futures steady; October, 7s l'Jad; December, 7s 1 d. Weather, cloudy. Grains In San X-Vanclsco. SAN FRANCISCO, Aug. 7. Spot quota tions: Walla Walla, SI.471.B0; red Rus sian, 1.4761.00; Turkey red. J1.55 l.;u: teed i.arley, $1.2 & 1.3u; bluestem, $1.551.60; brewing, nominal; white oats, ?1.50rnr' 1.52 ; bran, $24. 50t&25; middlings, 3U31; shorts, t26.50S.27. Call board Barley steady; December, $1.3a; August. $1.28. Puget Sound Wheat Market: TACOMA. Wash., Aug. 7. Bluestem, 85c; fortyfold, S2c; club, 80c; red Fife. sue. Re ceipts, wheat 5, hay 1. SEATTLE, Aug. 7. Wheat Bluestem, 82c; fortyfold, 7!c; club, 79c; Fife, 77c; red Russian, 76c Yesterday's car re ceipts, wheat IO. flour 6. ASTORIA TO BUILD SEAWALL Reclamation Commission Votes 4c Issue $100,000 Bonds. ASTORIA, OR.t Aug. 7. (Special.) The Astoria Sanitary and Reclamation Commission hag voted to issue bonds in the sum of $100,000 to raise funds with which to construct a seawall or bulkhead along the water front so that the Jtide flats in the business section can be filled ip. Engineer Bennet has submitted an estimate of the cost of the proposed seawall as follows: Timber and piling for bulkhead or retaining walr, from Ninth' to Twenty third streets. Including walls to the shoreline, in all about 6000 linear feet, $13.50 per foot, $81,000; right of way and other unforseen expenses, $10,000; expenses of the engineers department, including salary, $9rf00. Total, $100,000. , DAILY MKTEOEOLOGICAL REPORT. PORTLAND, Aug. 7. Maximum tempera ture. 79 degrmees; minimum, 61 degrees. Total rainfall (5 P. M. to 5 P. M.). none: tottU rainfall since September 1. 1912. 3S.82 inches- normal rainfall since September 1, 44.60 inches; deficiency of rainfall since September 1, 5.78 inches. Total sunshine. 9 hours, 8 minutes; possible sunshine, 14 hours, 36 minutes. Barometer (reduced to sea level) at 5 P. M.. 30.18 inches. THE WEATHER. tS wtn" ! I 2 ? Ftate of Weathw STATIONS Baker Boise . Boston Calffary Chicago ,- . Denver Des Moines s.. luluth Eureka . . . . . Galveston .... Helena- Jacksonville Kansas City . , 72,0.001 8jN- ICloudy 02 0.00 10 NW Pt. cloudy 7610.00 4'SE Clear 72,0.00 6 NWIPt. cloudy 82!0.O0l 8SE ICloudy . poio.oo! I E pt. cloudy 98 0.02 4 NW'Clear ,64 0.14!12!NE Rain 70l0.OU;10iJCW Clear Clear Cloudy Clear Pt. cloudy 94 0.00112 S 74;0.0o16 9W . . BOiO.OOl 8'SB ... AUZ U - W 10 Klamath Falls . Laurier Los Angeles Marshf ield Medford Montreal New Orleans New York Xorth Head North Yakima ... Phoenix Pocatello Portland Roaeburs Sacramento ...... St. Louis St. Paul Salt Lake San Francisco . . . Spokane ......... Tacoma Tatooah Island . . Walla Walla Washington Veiser Wenatchee Winnipeg Yellowetone Park. R.V0.00! 4 XWIClear S3 0.00 4 SB Pt. cloudy 7:0.00l 8SW Clear 70;0. 00124: XWlClear POO.OOl 4!XW;Clear 70 0.001 6 E IClear 90)0. 14 8 SE (Clear 800.38 10'S IClear ROlO.oO 14'NW'Cloudy e4 0.00.14 NWjCioudy 94 0.00! 8 SW ICloudy 82 O.00il2;SW IClear 79 0.00: 7 XW!Pt. cloudy 84!0.O0!14!n IClear 108i0.00l. .IXWIClear H8:0.0014 S IPt. cloudy S00.0210SE Raln 84.0.001 SNWJClear 74 0.00 12!W Pt. cloudy 82 0.00 18 W ICloudy 74 0.OO; 4IN" (Cloudy 58 0.02.lSlS (Foggy 8410.00! 4 SW Cloudy 84 0.021 4 B IClear 82 0.00! 4:e Cloudy 82 0.00il8!N Pt. cloudy 72 0.00112 SW'IPt. cloudy TOO.OOlOjW ICloudy weather; conditions. The low-pressure area over the Canadian Northwest is advancing slowly eastward, b !ng central this evening near Winnipeg, Man. A. large high -pressure area overiies the North Pacific states and the barometer ie relatively high in tha Atlantic states. First National Bank Capital $1,500,000 Surplus $1,000,000 Oldest National Bank Yest of the Rocky Mountains CORNER FIRST AND WASHINGTON STS. LADD &TILTON BANK Established 1853. Capital $ 1,000,000.00 Surplus 1,000,000.00 Deposits . 14,000,000.00 Commercial and Savings Accounts OFFICERS. W. M. Lad d. President. Robert 8. Howard. Aest. Cashleft Edward Cookinghanf, Vlce-Prea, J. W. Ladd, Asst. Caahier. W. H. Dunckley, Cashier. Walter M. Cook. Asst. Caahier. Corner Washi>on and Third Streets. Light to moderately hemvy ralne hay. fallen In the Canadian Northwest, the upper Mis sissippi Valley and in portions of the D Kotas and the Lake region. Unusually high temperatunee continue in Kansas, Missouri, Oklahoma and portions of the adjoining states. It is 'also unusually warm In the In terior of California. In tbe Xorth Pacific states temperatures have remained nearly stationary. The conditions are favorable for fair weather in thiB district Friday, with slowly rising temperatures. FORECASTS. Portland and vicinity Fair and warmer; northerly winds. Oregon and Washington Fair, warmer ex cept near coast; north to veet winds. Idaho Fair and warmer. EDWARD A. BEALS, District Forecaster. CASUALTY COMPANY SUED Jndson If. Cornish Asks Judgment for Total or $19,680.41. Judson H. Cornish is plaintiff in a suit started in Circuit Court against the American Life & Accident Insur ance Company, demanding Judgment for $11,037.41 on one account, and JS643 on another. , He says that from August 22, 1910, to June 23, 1912, he was engaged in selling throughout the State of Wash ington the capital stock of the defend ant corporation and collecting for it, and that he earned in this wav $19, 105.01, of which $11,073.41 is still due. As his second cause of action, Mr. Cornish alleges that an arrangement was entered into with him to become general agent for the company in Washington, with offices at Seattle. He declares that the company failed .to consummate the contract, and that the Those Who Do Not Advertise Some men and some business and professions still do not ad vertise. We know of one con cern so determined not to come out into th'e light, that it issued circulars to announce to the pub lic that "It is now, and always has been, the policy of this .house not to advertise in any manner," etc., etc. They advertised thaU they didm't advertise! The truth of the matter is that most every other up-and-doing business around them did advertise, and the compelling force of modern merchandising" caused them, in a last stand against modern methods, to ad vertise to the public that they didn't believe in advertising! It wa a last stand, however, and the house now profits by a clean-cut policy of newspaper advertising. Advertising is the chief force in commercial life today and the newspaper is the most potent and most economical advertising me dium. How pleasant, it would be if all the leading roads and high ways out of Portland were permanently paved with BITULITHIC The Canadian Bank of Commerce HEAD OFFICE Toronto, Canada. Established 1887. general banking transacted. business Interest paid on tinMi deposit. Letters of Credit as 2 Traveler' Checks Issued. - PORTLAND BRANCH, Corner Second and Stark Sta. P. C. MALPAS, Manager. J.C.WILS.ON&CO. STOCKS. BONDS. r.RMN AND COTTON. MEMBiiBS NEW YORK STOCK EXCHANGE. NEW YOKE COTTON EXCHANGE, CHICAGO EUAKU OF TKADE, XHJ X1)('H AND BONO EXCHANGE, SAN FttAKClaCO. PORTLAND OFFICE: Lewis Budding, 269 Oak Street. Phones Marshall 4120. A 4187, time he wasted is worth $7200. In ad dition, he says he expended J143 in equipping; an office, an expense which the company promised to bear, maklnc a total of $8643. -Portland People In Chicago. CHICAGO. 111.. Augr- 7. (Special.) Glen McCullough, of Stanfield. Or., is registered at the Great Northern Hotel. TRAVELERS' GUIDE. HAMBURGjAMERICAN Lr$estSS.CoL y VOver 400 Ships L306.819: WORLD f ria TONS it IMPERAT0R" World's Largest Ship SAILS AGAIN August 30, 9 A. M. and every three weeka thereafter Enabling passengers to arrive 'tn LONDON and PARIS on sixth and In HAMBURG on seventh day Hooks now open for season. LONDON, PARIS, HAMBURG Amrrika Aug. 21, 11 A.M. ?SPretorla Aug. 23, 12 noon Pre, tyrant Augf. 27, 12 noon ImperKtor Aup. HO, 9 A.M. Kaitterin Auk. Vic .Sept. . 10 A.M. j-d cabin only. J Hamburg direct. S. Pennsylvania and S. 8. Pretoria sail from New Pier foot of :id M., South Brooklyn. All other Sailings in this service from our Hoboken piers. MEDITERRANEAN Gibraltar, Naples and Genoa ITJ'All steamers In this serrico rave from NEW PIER, S3d St.. Ko. Brooklyn. Take 38th St. lerry. b. S. Mollto (1,500 Tons) August 26, 11 A.M. 8. 8. Hamburg (11,000 Inns) Fnpt. 17, i A. M. new cruise: ORIENT INDIA Jan. 15. 1914 DURATION 85 DAYS Cost -Including shore $700 trips and all neces sary expenses . . . , BOOKS NOW OPEN E70nr Tourist Department sr. ranges Tours by Rail or Steam er to all parts of the World. vtme lor information. HAMBURG-AMERICAN LINE 160 Powell st.. San Francisco, Cal.; cuuincin x-i.e.ii; l;u., t,V Dtfl St., kj.- w. xv. ce in. uo., in or. pa - clflc. D. A R. O. R. R., xiuriinKton Route, Mil waukee & Puset Bound R. R., Great North ern Kali wav Co.. jjorsey x. smith. 69 Bth St.. Port land, Ores on. SYDNEY 5 SHORT LIRE San Francisco to Australia, 1 9 daya via Honolulu and Samoa, tho attraction and pleasant route, winter or summer. Splendid 10,000 ton steamers (elaaaed by British JJoyda 100 Al). $110 HOaSllHO firrt-daaa round trip SYDNEY $300 4325 GRAND TOUR SOUTH SEAS $325 Honolulu. Samoa. Anrtralia. New Zealand, Tahiti, etc R0UND THE WORLD $625 1st cabin. J396 2nd Visiting A continents snd wortd'i ereat cities (atoporera) Saiiinpi Honolulu July 29, Aug. 12, 26, etc Sydney erery 28 daya, July 29, Aug. 28 etc Send for folder. . Oceanic &, S. Co. 173 Market St, San Francisco T.OS ANGELES AJTD SAH DIKOO STEAMSHIPS l'ALK AND HARVARD ; Railroad or any steamer to San Francisco. -the lSxpo City. Largest, fastest and tha . ONLY strictly first-class passenger ships on the Coast. Average speed 23 miles per hour; cost $2,000,000 each. BAN HlACISrO, PORTLAND s L. A S. S. CO, -Main 20. Frank Bo Main, Aeent. A aSSS. -, 121 Third Street. EXPrtESS STEAMERS FOR San Francisco and Lot Angeles WITHOUT CHANGE. S. S. ROSE CITY, 9 A. At., Augnat IO. 1 S. S. BEAVER, AllKUMt IS. THE SAJ ERA.NCI5CO A PORTLAND S. S. CO. Ticket Office, 3d and Washing ton, with O.-W. R. JJ. Co. Phone Marahall 4SOO, A 61S1 San Francisco, Los Angeles and San Diego Direct S. S. Roanoke and S. S. Yucatan, Sail Kyary Wednesday Alteraatelr aa P. Al. NORTH PACIFIC S. S. CO. I2?A Third St. Phones Main 1314, A 1314. NEW YORK -PORTLAND REGULAR FKSiaai Lav Rates. SERVICE). Schedule 'rime, t. AMERICAN-HAWAIIAN S. S. CO. tlA Railway Excnanse Bide, Partisan, or. Mala SS1S. A MS COOS BAY LINE STEAMSHIP BREAKWATER sails from Alnsworth Dock. Portland, 8 A. M., August o. 1A, is, s, sept. , i, i, . 17, 12. 29. Freight received until 5 P. M. except day previous to sailing; previous day 3 p. M. Passenger fare: First-class, $10:--second-class, $7, Including berth and meals. Tk-ket office Lower Alnsworth Dock. . PORTLAND & COOS BAY S. B. L1'E, L. H. KKAT1XG, Agent. phone Main S600, A TiVl. ; . ' a Drain-Coos Bay Auto Line ' Now Dally to Marshlleld. Wire reservations to O. Mattooo, Drain, Oregon.