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About Morning Oregonian. (Portland, Or.) 1861-1937 | View This Issue
THE HORSING OKEGONIAX. FRIDAY. AUGUST 29, 1913.
HAY NEVER BETTER
Quality of Northwestern Crop
YIELD SHOWS INCREASE
Steady Trices Are Expected to Pre
vail Throughout Season Views
of R. P. Knight on Market Out
look Offerings Are Large.
The hay market Is holding barely teady
in spite of the fact that offering at the
present time are large. Eastern Oregon
fanner are seeklne; to get rid of aome of
their timothy before rough -weather cornea
on. but in another 60 days or o. when this
aurplua I worked off. the market should
take oa a better tone.
"I teller prices will star practically
where they are throughout the season, un
less aome unlooked for demand springs up
said B. P. Knight, yesterday. Mr. Knight
spent three weeks In the hay-growing dis
tricts of Eastern Oregon, and say he
before saw conditions o favorable for good
quality. He believes the crop, so far as
quality la concerned. Is 100 per cent better
than Its usual condition. Last year about
90 per cent of It was either damaged by rain
or allowed to get too ripe. Mr. Knight said:
"The commercial crop in this territory,
as a whole. Is larger than It was last
year. In Wallowa County and Northern
Idaho, there is a big carry-over of tim
othy eed, enough for two year. Aa none
will be threshed, they will have more tim
othy to ship. About the usual quantity will
be fed this year." The "Willamette valley
haa a good average crop, principally grain
hay, and aU of It good quality. Not much
hay haa been sold In the valley yet. as the
farmers are holding too high. In comparison
with th pslces at which Eastern Oregon
timothy can be bought.
"Early In the aeason California figures
on shipping hay from here, but now they
will not listen to any kind of an offer.
California farmers cut a lot of grain for
hay that they had expected to thresh.
"Some of the first cutting of alfa'.-a
was damaged by rain., but not enough to
interfere with Its feeding value. This will
not have much. If any. effect on alfalfa
i verv little of the first cut
ting la even put on the market, but Is
fed by growers.
RARIJ.Y MARKET EXCITEMENT OVER
High Prices, Paid to Country for Time, Are
o w nun oiw
..... . linked for a time like a spirited
"scrap- in the barley market has come to
a sudden stop. me anair -San
Francisco short evidently In somewhat
- .i- v. ., hnvinf nn the country at
prices considerably above the market. It
may be that his agents got me
mixed in the wires from the South. At any
...... ...in e.2 or l:t a ton over the reg
ular market values for a large quantity of
barley. Some of the operators thought they
could load up the big local barley people
Jt high prices, but when they found they
lied no following, they changed their tac
.i .... itnvrt their bids. The mar
ket haa now resumed its former level at
. . . , . .w. Of
all points, wnicn u" -."
-j o and 125.50 for brewing.
"There Is no likelihood of any Oregon or
Washington barley being snippea re
Eastern states this season. Local dealers
received wires from cmcago yesteruay i
. - , there is a rood average crop
there, and with the large carry-over, the
. i j -ai lnolc for anv buvlnc on the
Coast this year. The Eastern crop Is
later than usual, and in order to get early
supplies, some of the firms have quoted
higher prtcea. but these quotations are re
garded as temporary, and the Chicago trade
look for lower barley prices later.
Tk. v. t market was aulet yesterday.
There was a little demand for bluestem. but
otherwise prices were nominal ana man m
. i r nn rr the market entire
ly. Bluestem was quoted at 85 cents, but
higher prices ara reported paid for Imme
diate shipment. The general quotation on
club was 7 cents and on forty-fold, 80
Local receipts, in cars, were reported by
the Merchants' Exchange as follows:
Wheat Barley Flour Oats Hay
w.rlnMriav 44 4 2 5
TK..MH.. V4 4 3 .
Tear ago.- 21 1.2 2 4
c.n o4 ?3t R:.;i 126 4?3
v.- mmn K7 837 13 37
HOPGROXRS' ATTITTOE IS FIRM
Crop of Continental Europe Entimated by
Barth at 740,000 Cwt
There were ordera for new-crop hops at
18 to 19 cents yesterday, and although the
latter price wn bid, growers could not be
Induced to aelL Holders of fuggles were
Samples of new California hops were re
eelved and proved to be of fine quality.
The quality of the Oregon crop Is also cer
tain to be choice, and If the growers will
Insist that their hops be picked clean they
will have no occasion to regret It.
A London cable reported English and
continental crop prospects more favorable.
A. cable from Alost said the Belgian crop
la coming down lighter than estimated.
Barth' s cable estimates the continental
crop at 740,000 cwt., distributed as fol
lows: Germany, 320.000 cwt.; Austria, 240,
tOO cwt.; Belgium, 40,000 cwt.: France, 50,-
000 cwt.. and Russia. 70.000 cwt.
Estimates of the English crop range from
SftO.OOO to 150,000 cwt.
The Kentish Observer of August 14 said
"The hops have been nearly at a stand
till during the last fortnight so far as
the development of the burr" Is concerned,
but there has been a further growth of
laterals (too late to produce any hops) and
of foliage. In fact this Is a year of foliage
rather than of fruit. The vine generally
is unfruitful In character, quite a contrast
to that of last year which was exceptionally
fruitful. Much of the vine has a too coarse
and harsh appearance, and is too dark In
color now and is still getting darker.
'Taking the reports from all districts a
crop of about nine cwt. per acre as an
all-around average seems to be the most
that can possibly be hoped for, and if a
generous supply of sunshine is not avail
able. It is impossible to say how much
smaller the yield may be. Disappointed
with the promise of the home crop, and
encouraged also by the unfavorable conti
nental reports, growers are anticipating a
high range of prices during the coming
season, ond very high ones will be required
to pay for a crop which must be the most
costly one ever produced."
OREGON WOOL SALES IN EAST
Large I1 In Idaho Clip Is Also Re
Mail Advices from Boston note the sale!
of a lot of 100.000 pounds of fine Oregon I
clothing wool at 50 cents clean. A demand
has been filled for fine staple territories.
Including Oregon and Idaho wools at clean
costs of 63 6 -i cents, several moderate
sized lots, totalling 2 60.000 pounds, being ;
In commenting on the Boston market,
the Commercial Bulletin says: "Out of the
mass of petty sales, which have been the
rule In 'the wool market for aome time, has
loomed one sale of fine Idaho original wool
f rme 1300 sacks, or about 450. 000 pounds,
which It Is said brought 61? -2 cents on the
Philadelphia reports tell of the sale of
se.eoe pounds of low Oregon one-quarter
and three-eighths unwashed at 5 cents
and J0.000 pounds of low Oregon mohair
matching at 11 cent. 1
BIG TRADE IN THE FRt'IT MARKET
street Well Supplied-With All Lines and
Demsnd Is Good.
The fruit movement yeaterday waa large.
The street was well supplied with every
thing and the demand was brisk.
Peach receipts were unusually Heavy, dux
Cleaned up well and the market closed In
good shape. Good stock sold at 40 to 3
Melons and cantaloupes were In liberal
supply and steady In price. The grape
market was also in good condition.
A fancy shipment of Umpqus Gravensteins
arrived from Roseburg and were put on
sale at l.i0 to 11.75 a box. n ;r u.
bananas came in and more were due on a
The vegetable market was sieaay. except
on tomatoes, which were too picaium, mu
sold lower at 30 to 60 cents. Another
hipment of pickling onions arrived from
Yakima. Tney were quwve
Good Prices I 'aid for Poultry.
pnuitrv receipts were fairly large, but
ir.pr.1 tv aa l niace for all that came In.
and prices were firm throughout the list.
Hens sold at cents mnu springs mi as
cents. Dressea mem were io urui.
Trade was rood in tne egg. Dutter ana
cheese markets, and former prices pre
vailed. Bank Clem rings.
Bank clearings of the Northwestern cities
yesterday were as follows:
PORTLAND MARKET QUOTATIONS.
Grain. 'Hour, feed. Etc.
WHEAT Track crlces: Club. 79c: blue-
stem. gSc; forty-fold, 60c: red Russian. 7 Be;
fife, 78c: valley, buc
frLOUH Patents. 14.70 rer barrel;
etrals-hts. $4.10: exports. 3.35"y 3.65; valley.
y. iO; granam. - '. w nu . e w nrai, .
OATS -N O. 1 white, per wn.
CORN Whole. a; cracked. 138 per ton.
MII.LSTt FFS Bran J4 per ton; shorts.
26 per ton; mlddlinKS. per ton.
ilAKLbl reea. -..ri iicr w, ui"-
Ine. flS.ZO; rolleil. SMii'JT per ton.
HAY Fancy Idaho tlmolliy. Il.'tfis; fan
cy Eastern Oregon limoth, J15&16: timo
thy snd clover. U'l.; timotny anu al
falfa. 113 f 14; alfalfa. $13; clover. S.50
..10: oat and vetch, ll'ifc il: cneat. iltn;
Valley grain hay. 1GJ11.
Frnlts and Vegetaole.
Local jobbing quotations:
TROPICAL FKUUl'S Oranges. S4.50
e. per box; lemons. IS.oOlty per box: plne
spples. 7c per pound; bananas. 33fee
ONIONS Walla walla, SJ.au per saca.
VEOETABI.ES Beans. 3ij4c per pound:
cabbage. 2 $20 per pound; cauliflower, $2
per crate; corn, lotfloo dosen; cucumbers.
20l?40e D-3r box: eggplant. sSSc pound;
head lettu;e. 35j0c per dozen; peas, i'tfic
per pound; peppers, 6 'tsc per pouna, rsa-
i.thes. losrlc per doxi?n; tomatoes, joug
per box: garlic. 10c per pound.
FOTATU&S Oregon, II per qurihwi.
sweet potatoes, $2.iu per era' e.
GREEN FRUIT Apples. lllr.--. per doi;
cantaloupes. Jl.W).5tt per crate; peaches.
SO) 63c per box; watermelons, $1.20 tf 1.50
per cwt.; plums. 7cl per box; pears.
(1..&U per box; grapes. wcwi-o f
crate; casabus. $1.73 ver dozen; nectarines,
7ttC$l per box.
Dmlrr and Country rroduce.
Local jobbing quotations:
FOL'LTKY Hens. 1415SC; Spring, ISc;
turkeys, live, liuc: dressed, choice, 20c:
dnnUa. 1041 l."e- geese, voung. 1-Wc.
EGas Oregon ranch, case count, 25 26c
per doxen: fresh ranch, candied. :bujc
CrmbE Oregon triplets, idg; uiid,
17c: Young Americas, lc
RTTTTER Oregon creamery butter cubes.
S2o per pound; butter fat. delivered. 82o
PORK Fancy, l!4e per pound.
VEAL Fancy. 15 ic per pound.
Local Jobbing quotations:
SALMON Columbia River, one-pound
talis. 12.25 per dozen: half-pound flats.
$1.40: one-pound flats, 32.45: Alaska, pink,
one-pound tails. 80c; sllversldes, one-pound
HONEY Choice, fr..25S3.75 per case.
NITS Walnuts. 1C per pound; Braxll
nuts, 12H613c; filberts. 13ffl3ttc: almonds.
18c; peanuts, fi45c; cocoanuts.
per dozen; chestnuts. 11c per pound; htck-or-nuts,
861tc; pecans. 17c; pine. 17 V4 6 20c
BEANS Small white, 6c: large white.
S.sucjtic: Lima. 6.30c; pink.. 4 15c i Mexican,
5c; bayou, 4.15c.
SUGAR Fruit and berry. $5.65: Honolulu
plantation, $5.o; beet. $5.43; extra C, $3.15;
powdered, barrels. $3.H; cubes, barrels,
COFFEE Roasted. In drums. 180320 per
SALT Granulated. $14 per ton: half
ground ions. $10 per ton; 50s. $10.75 per ton;
dairy. $12.50 per ton.
RICE No. 1 Japan. 5ISue; cheaper
grades. 4tc: Southern head, 54 06c
DRIED FRUITS Apples, 10c per pound;
apricots. 12Vfl4c; peaches. 83 11c: prunes.
Italians. SBlOc; silver. ISc: figs, white and
black. 64 3c; currants. OHc: raisins, loose
Muscatel. 64 970; bleached, Thompson.
Hike: unbleached. Sultanas. 54c: seeded.
T4&S4c: dates. Persian, 7iSSo per pound;
fard. $1.65 per box.
FIGsS Twelve 10-ounce, S5c: 50 6-ounre.
$1.5; 70 4-ounce. $2.5J; 30 10-ounce. $2.25;
loose, 50-pound boxes. 6 7c; Smyrna,
boxes, $1.101.25; candled. $3 per box.
Hops, Wool and Hides.
HOPS 1913 contracts, ISSlOc; 1913 fug
gles. 218 22c; 1U13 crop. 16l18c.
PELTS Dry, 10c; lambs, salt shearling.
10 3 50c.
WOOL Eastern Oregon, HQlCo; val
ley. IS 3 19c per pound.
GRAIN BAGS Selling price, 104e Port
land. HIDES Salted hides. HH12e per lb.;
salt kip. 12413c; salted calf. 17ul7Hc;
green hides, lollc; dry hides. 2223c:
dry calf. No. 1, 25c; No. 2, 20c; salted bulla,
Sc per lb. .
MOHAIR 1013 clip. 27H per pound.
C A SCAR A BARK Old and new, 5c per
Local jobbing quotations:
HAMS lo to 12 pounds, 22 a 23c; 12 to
14 pounds. 2223c; picnic 15c; cottage
roll. 17 Sc.
BACON Fancy. SO 9 31c: standard, 25 0
26c; English. 216 22c
LARD In tierces, choice, 14 He; com
DRY SALT MEATS Regular short clears
WeSlttc; short clear backs, 12 to IS lbs..
lSyltic; short clear backs, 18 to 23 lbs..
15Q16'nc; exports, 15tig'l?a
BAKHELEU BEEF Extra mess beef,
$20; mess beef. $20; plate beef. $22.
Linseed Oil, Gasoline, Etc
LINSEED Oil. Raw. barrels. 62c: boiled,
barrels, 64c; raw. cases. 67c; cases. 69c
OIL MEAL F. o. b. Portland works: Car
tots, 35; 5 and 10-ton lots, $34; ton lots.
TURPENTINE Barrels. 52 He; cases. 65c
COAL OIL Cases. 17tta20Hc; drums
and barrels. 10&13tc
GASOLINE Cases. 23c; bulk. 16c
SAN FRAXC1SCO PRODUCE EXCHANGE.
Price Quoted at the Bay City for Vege
tables, irult. Etc
SAN FRANCISCO. Aug. 28. Tha follow
ing produce prices were current here today:
Fruit Apples, Gravensteins, 75c fj $1.75;
other ranches. 75c4l $1. 15; Mexfcsu limes.
410 (J 12.50; California lemons. Soft 8; pins
apples. $1.25'o 2.25.
Cheese New, 15 fflSc; Toung Americas.
Hay 'Wheat. J1J.80SIO.50: wheat and
oats. $17018: alfalfa. 1114.
Butter Fancy creamery, 22c; seconds.
Eggs Fancy ranch. 81 He; store, 27c
Vegetables Cucumbers. 25j30c; green
peas, 3f4e; string beans, 3$ 4c; eggplant,
Onions New. yellow, 90cf?$l per sack.
Potatoes New river whites, &5csi.05:
Merced sweets, m?2c
Beans Pink. $3.15$3.30: llmat. $5.5og
5.60; smail white. $5.5ofea.60; large white.
Flour Family extras. $5.60 Q 6L; bakers'
extras. $4.t5 3.2U; Dakota. $6.407.40;
KausuS. iu'a 6.25.
Receipts Flour, 1000 quarters; barley.
19.140 centa.a; potatoee, ildO sacks; hay,
SAVANNAH, Oa.. Auir. 2S. Turpentine
firm. SSsa 3ac. Sales. 11.9 barrels: receipts.
97S barre.s: shipments. 3$ barrels; stocks,
Rosin firm. Sales. pounds: receipts.
2352 pounds; shipments. 33 pounds; stocks,
169.523 pounds. Quote: A. B. C, D, E. F.
G. ii.io: H. S4 14.U5; I. n.ui to $t.lu:
K. $4.1044.25: M. S4.IS04.45; N. $5.15;
WO. $.$; WW. $.3U.
Chicago Dairy Produce,
CHICAGO. Aug. 2S. Butter, firmer.
Creameries. 27 ft 2 He
Eices. unchanged; receipts. 0530 cases.
Dulnta Linseed Market,
DULCTH. Aug. 28. Close: Linseed,
!H6; Septemttv 1.43s asked; October.
41.47 V. bid.
Upward Progress of Stocks Is
SENTIMENT VERY BULLISH
Improvement In Mexican Situation
Is Responsible for Advance.
Coppers Are Conspicuously
Strong Bonds Active.
NEW YORK. Aug. 28. Wall atreet
reached the conclusion today that this coun
try's relations with Mexloo had improved
sufficiently to justify a mors confident po
sition In the stock market.
Progress upward was uninterrupted from
the opening of the market to the close, and
material gains were scored in all depart
ments. Although it was realised that no
definite developmenta had occurred, senti
ment waa decidedly bullish.
Standard dividend-paying shares led 4n
the advance, with the Harrlman stocks and
the coppers conspicuous. The price of
standard copper warrants in London has
reached the highest figure of several
months, and some domestic producers were
said o be holding out for 16 cents.
Southern Pacific did not weaken with the
appearance of its July statement, ahowlirg
a decrease in net earnings of $786,000.
Reading was well in the front, despite ru
mors of a new Government suit.
Withdrawal of $1,000,000 gold for ship
ment to Canada was announoed. The ship
ment follows a recent sharp decline in Ca
nadian exchange on New York. Tha bank
loss on subtreasury operations has reached
an unusually large figure so far this week,
and a poor bank statement Is not unlikely.
The Bank of England made a particular
ly strong showing, the present proportion
of reserves to liabilities, given as 5U.46, not
having been equalled at this season for 17
The bond market was active and firm.
Total sales, par value. $l.ly0.u0O. United
Statea bonds were unchanged on calL
CLOSINO STOCK QUOTATIONS.
Reported by J. C. Wilson 4 Co., Lewis
Pales. High. Low. Bid.
Amal Copper .. 37.0UO 75" 74 ft 73 S
Au Beet Sugar. 700 27 26t 26ts
Am Can Co ... ll.oou 3iS 34 S 33 :
do preferred.. 7u0 ' feti1
Am Car 4k Fdy. 2w 46 44 46
Am Cotton Oil. 300 43 "4 4J 43
Am Smul ft Ret S,i0 6S14 (Hi f
do preferred.. 100 1004 100 H loO't
Am Sugar S00 111 110i 3104
do preefrred.. 113
Am Tel A TeL. 290 130H 130H 1S"H 1
Am Tobacco ... 70 23t;" 204 2:i6H
Anaconda 1,500 37 Vs 31H 374
Atl Coast Line. 400 122 122 32 !j
ATA aanta Fe 8.1"t ti6H 95H 06V.
Rait & Ohio ... WO 60 H 5:". 58 14
Brook R Trsn.. l.K'O SD"- S'J 8H4
Canadian Paclflc 4.1'" 221 2l.M- 220
C & O 9ui 004 5U4 50"
C G W 131s
c s w 100 ISO isn 130
C. M & St Paul S.100 107-ri lots K'7 hi
Central Leather 1.700 2414 23 24
Central of N J 2S5
Chino T.500 41 S 4014 41H
Col Fuel A Iron 200 33 31 ft 32
Col Southern 2S4
Consol Gas 100 133 152 131
D L at W 400
D R G 100 20 20 20 "4
Distilling Secur 1H la, 134 13!
Erie 2.600 204 284 20
General Elec ... 400 146 145 'i 14)1
Gt North Ore .. 200 35H 35 SJi
Ot North pf ... 400 128 1271.
Illinois Central. COO 109 lOhft 107 4
Interboro Met .. 2.M0 164 3ti4 ltHi
co preferred.. 5.500 03 ' 63 63
Inter Harvester lln
K C Southern.. 100 25"ii 2r. 2.114
Lehlgb Valley.. 4.2"0 '136 1.15 135 1
Louis Nash.. 300 1354 lo54 135 l,
Mexican Central 200 15 ' 14S 14H
M. S P ft S S M 3"0 1344 1:1414 134 -
Mo. Kan ft Tex GOO 28 14 22i4 234
Mo Pacific 8.000 SI i 81 31
National Lead........ ..... ..... 48
Nat Biscuit 1 124
N Y Central ... 800 98 964 97
Jf Y. Ont ft Wes 2tlt4
Norfolk ft West 400 106A 10614 !"
North America. .72
Northern Pac. S.30O lis 111 Ji.i
Paclfio Mall 21ft
Paciiic T ft T.. JOO 2814 27 2S
do preferred.. f0
Pennsvlvania I.. 900 113H 113 11214
People's Gas ... 500 11S4 118 117W
Reading 62.200 162!4 16114 12
Republic S ft 1 24
Rock Island Co. .700 38 374 38
Southern Pao .. 47.500 9114 M)"4 9114
Southern lty ... 1.2oO 23 24 i 23
Texas Oil l.lOO 123 1J5 124
Union Pacinc .. 29.700 135H 132S 135
do preferred.. 200 83 83H 83
Vnited Kds 3 F 22
U S Steeel Cor.. 5S.S"0 65 14 64
do preferred.. 400 10S li'S'4 10S
Utah Copper ... 8.100 63 51 52
Wabash 2iO 414 4 4
Western Union . 40 69 08 68
Westing Elec .. 900 T3H 73 73
Wisconsin Cent 46
Total sales for the day. 31)3,900 shares.
Reported bv Overbeck ft Cooke Co., Board
of Trad building. Portland.
Atchison general 4a 94 95
Atlantic Coast Line 1st 4s 91 . 01
B ft O cold 4s 62 t''.?4
R R T 4 88 SS
Chesaneake ft Ohio 4a 93 118 14
C M ft St P gen 4 100 lol
r R I -ol 4s 61! 57
Cal Gas 5s I'S t3
C B Q Joint 4s 94 94
Prin KAnpral 4S.. ........... 75 76
Int Met 4s 76 76
Louisville ft Nashville unl 4s... 93 93
Missouri Pacific 4s 01 oa
n: v r ,,n 3 Us S!
X & W 1st con 4s 93 94
Northern Paciflo 4s 94 94
Oregon Short Line ref 4s 89 1H
Oregon Ry aNv 4S HI 93
Pacific Tel 5s 96 97
Penna con 4s 99
Reading gen 4s 94 94
St L S F ref 4s 70 71
Southern Pacific ref 4s 90 91
Southern Pacific col 4s 88 VO
Southern Railway 5s ...102
Southern Railway 4s 75 73
United Railway lnv 4s ....
Union Pacific 1st and ref 4a.... 91 ....
United Statea Steel 5s 100 100
We-t Shore 4s 95
Wabash 4s E3 54
Westinghouse Elec conv 5s SB 89
Wisconsin Central 4s 78 ....
Stocks at Boston,
BOSTON. Aug. IS. Closing quotations:
Alcuez 86 jMohawk 43
Amalg Copper.. 73 Nevada Con .... 16
A Z L & Sm... 20 Nlplsslng Mines. 9
Arizona Com .. 2 North Butte 28
B ft C C ft S M. 65 A North Lake 1
Cal ft Arizona.. 2;01d Dominion... 49
Cal ft Hecla 410 Osceola SO
Centennial 13!Qulncy 60
Cop Ran Con Co 39;Snannon 6
E Butte Cop it .11 Superior 24
Franklin 4 Sup ft Bos Min.. 2
Granby Con ... 64 Tamarack 28
Greene Cananea. 35 jU 8 S R ft M... 36
I Royalle (Cop) 16 do preferred... 47
Kerr Lake S,Utah Con 9
Lake Copper.... 6 Utah Cooper Co. B2
La Salle Copper 8iWlnona 1
Miami Copper... 22 .Wolverine 4
Money, Exchange, Etc
NEW YORK. Aug. 28. Money on call,
steady. 2(S2 per cent; ruling rats, 2,
closing bid, 2f32 per cent.
Time loans, steady: W daya. 1 per cent:
90 days, 4 per cent; six months, & per
Prime mercantile paper. 5 96 per cent.
Sterling exchange, steady. $4.8290 for 60
day bills and at $4.841o for demand.
Commercial Mils. $4.8$.
Bar silver. 39 c
Mexican dollars. 46c.
Government bonds, steady; railroad bonds.
LONDON. Aug. 28. Bar silver, steady.
27d per ounce. Money. 2 per cent. The
rate of discount in the open market for short
bills is SHSS per cent; three months'
bills. 3 11-1668 per cenL
SAN FRANCISCO. Aug. 28. Silver bars.
Sc; Mexican dollars. nominaL Drafts,
sight. 2 per cent; do telegraph, S per cent.
Sterling on London, 60 daya, $4.83; do
Coffee aad Sugar. .
NEW YORK. Aug. 28. Better European
cables and further frost reports from Bra-
sll gave the coffe market a fairly steady
tone early, but prices weakened under liqui
dation and reports that tha cost and freight
market showed no Improvement. Close waa
steady. -September. 8.65c; October, 8.95c;
December. 9.15o: January. tt.25c; March.
9.45c: May. ..",e: July. .65e.
Spot quiet. Rio No. 7. 9c; Santos No. 4.
12gtl2c; mild dull. Cordova, 13 616c
Raw sugsr steady. Muscovado. 8.36c;
centrifugal. 8.76c; molasses, 3.01c Refined
NEW YORK. Aug. 28. Lead quiet. 4.70
bid: London, 20 Ti M.
Spelter steady, 6.8506.95; In London. 2L
Copper strong. Standard spot, nominal.
September. 13.120 14 87; October and No-,
vember. offered at 1600; electrolytic 16 .00
4)16.12: lake 10.23 1 16.30; caatlng, 10.1J
Tin firm. Spot and August. 43 23 O 48.73;
November. 43. 4" t7 43.73; October, 43.109
Antimony dulL Cookson's. S.408 8.50.
Iron steady and unchanged.
London markets closed as follows:
Copper steady. Spot. (71; futures, 70 18s
Tin strong. Spot. fl7 6s; futures, 196
Iron. Cleveland warrants. 65 Sd.
NEW TORK. Aug. 28. Spot cotton.
quiet. Aaiuonng upaau. i-iuv, uu sun.
"Futures closed firm 6 points lower to 24
points higher. August, 12 33c: September.
12.3oc: October. 12. :16c: November. 12.32c:
December. 12.33c: January. 12.23c; Febru
ary, 12.23c: March. 12.32c; April, 12.3-lc;
Dried Fruit at New York.
NEW TORK. Aug. 28. Evaporated apples
quiet snd steady.
Hops at New. York.
NEW YORK. Aug. 28. Hops quiet.
GALVES ARE DOWN HOW
FAVORABLB CROP REPORTS
WEAKEN WHEAT ALSO.
Large Sales for Export Check De
cline Temporarily In Chicago
Market Break in Corn.
CHICAGO. Aug. 28. A decline of lc
in September corn today under selling pres
sure from leading longs was the feature of
trading in grain. Other montha closed at
a net loss of Cc to c. Wheat
suffered a net loss of c to c but pro
visions closed strong and 0c to 15617c
up after a weak opening.
Liquidation In September corn began
early, lower cables and talk that the stock
of cash corn Is rapidly increasing giving
an Impetus to bearish sentiment. Tha close
was at or near the low point of the day.
Wheat eaaed on lower cables and contin
ued favorable crop reports from the North
west. Sales of more than 0U5.OUO bushels
for export checked the decline for a time,
but profit-taking on the brief rally brought
about a good reaction.
The dip in other grain carried oats down
also. As in corn and wheat, there was
considerable liquidation of September.
Packers gave support to the provision
nekr near the close and DrlCeS rOSO Stead
ily, ths rally being maintained to the end.
Tha leading futures ranged a follows:
Open. High. Low. Close.
Sept $ .i .C I J"-
Dec. aw- .w .ri, -""
May 94 .94 .94 .94
Sept 73 .74 .72 .72
Dec .'' .
May 69 .70 .09 t .n
Sept ....... .40 .40 .40 .v
May ....... .46 .46 .46 .46
Sept 20.95 21.00 20.00 21.00
Jan. 19.47 19.50 19.45 19.50
Sept 11.07 11.20 11.03 ll.-o
Jan 10.77 10.87 10.77 10.87
Sept 11.20 11.32 11.20 11.32
Jail 10.23 10.30 10.22 10.3U
Cash prices were:
Corn No. 2, 75fJ75e; No. S
white. 75c: No. 2 yellow, 7576c; No.
8. 75g 75c: No. 8 white, 7&c; No. 3 yel
Rye No. 2. 69c
Barley, 68 u 76c
Timothy, $4.50 a 5.25.
Clover. $10 11.50.
European Grain Market.
LONDON. Aug. 28. Cargoes on passage
quiet; more pressure to sell
English country marketa easy.
French country market steady.
LIVERPOOL Aug. 28. Wheat Spot,
steady. Futures steady. October, is la
December, 7s ld.
Minneapolis tarain Market.
MINNEAPOLIS. Aug. 28. Close: Wheat,
ISO. X nam. nin. i m inc. ... ovv..,
Vn 2 Xorthern. 84-iS!ic: No. hard Mon
tana, f3Hc: No. 3 wheat. 619Mc;eptem-
ber. K4tfoae; irqeeuiusr, - oi ts v o -i
Flax 41.44H ?1.47.
Barley 54 a c
Grains Da San Francisco.
civ vprlsCO. Aug. 28. SDOt Quota
tions: Walla Walla. 1.47 Is 6 l.Co; red Rus
sian, si. 47 ti l.oo: -l uraey rea, ei.o.iui.uv.
uw.m tl r,.Vri 1 60: feed barley. Jl.STHa
13S; brewing, nominal: white oats, $l.oU
1.52H; bran, $24.iX-;r2i; middlings, $310
9. '.han.. g-SO-a 26.
Call board Barley firm. "December.
$1.4334; September. 41.37 S bid, 41.40 H
Paget Sound Wheat Market.
SEATTLE, Aug. 28. Wheat Bluestem,
83c: fortyiold, 80c; club, 7c: Fife, 7o; red
Russian, 77c ,K
iesterdaya car receipts: WTieat 10, corn
2, oats 3, nay 3. Iiour 4, oaricy i.
TACOMA, Aug. 28. Wheat Unchanged:
Car reecipts, wheat 33, oats 1, barley 4. corn
2, hay 12.
HOG SUPPLY IS LIMITED
ONLY OXE SMAIX LOAD OF
FERED AT YARDS.
Tbey Bring $9.60, Adrance of 80
Cents Over Recent Price.
Other Lines Steady.
The larger part of the dealings at the
stockvards yesterday was in the cattle di
vision, where prices were on a steady basis.
The single hog sale was at an advance of
3l cents over the previous price- The sheep
market was steady.
The best steers at the disposal of the
trade brought s.03. Two loads were taken
at that price. The bulk of the steer sales
were at 47.33 to ai.i. aiuet. ui me v
sold at 0 to 40.50.
Onlv one bunch of M head of hogg was
reported sold. They averaged 177 pounds
and brought 4.tW. miesa a larger sutri;
becomes available, higher swine prices are
almost bound to prevail
The sales of mutton stock were within
the previous range ot quotations.
Receipts were 233 cattle. 63 hogs and 803
-shippers were W. J. P nod grass. -Lebanon,
1 car of cattle; Hugh Cummlngs. Junction
City. 1 car of cattle; F. B. Decker, Bilver
ton, 1 car of cattle, sheep and hogs; Ed
Perry. White Salmon, 1 car 10 cattle: j. n.
TTnhmnlca fiherar. 1 car of bogs: W. 1.
Klrby. Hood River, 3 cars of sheep; L
Bales, Steunenberg. Idaho. 3 cars ot cattle;
L. Lain. Steunenberg. 1 car of cattle, and
Carl Flynn. Steunenberg. s cars 01 cattle.
The dai'l salea were aa follows:
27 steers 110 8.0o
1 lamb - 70 J.50
130 Iambs 1 6-"U
S heifers li 6
2.1 steers 1094 7.33
18 steers U-" 7.5U
12 cows "0
11 steers 101 '.50
4 steers 2 T-SO
t..r 1041 S.00
1 heifer 1-72 6.50
It) cows 1012 0.50
1 steers K77 . i3
19 stters .. , 801 0.50
27 steers . . 1121 T.B0
27 steers ilSH 7.30
14 steers 1150 7.i5
"it vwri llo3 7.33
25 steers 11H-3 T.75
S steers 1170 7.2o
2 steers 10u i.20
1 steer 1250
1 steer .
1 steer .
1 steer .
t stags .
1 bull ..
1 bull ..
30-5 ewes .
4i ewes .
50 hogs .
9 coa . .
2 cows .
1 cow .
.1253 7 20
S 7 73
1103 8 05
1070 8. to
ll.:o 7 00
8, !5r-5 :
3 sa aa
sa aa aa
sa aa aa
sa aa aa
ea aa aa
aa aa aa
53 sa 33
. v : r. h 1 ''
The range of prices
at the yards was as
7. SOW 7.75
7.25 7 50
, t.'i'a) 7.00
6.D0 W 0.75
.;:. 9 7.75
4.00 os S.50
, 5. 75'al
8.50 9 S.60
, t 10 9 4.S3
3. SO & 4.00
4.50 0 6.25
Omaha livestock Mjkrket.
SOUTH OMAHA. Neb.. Aug. 28. Cattle
Recelots, 2.0ti; market, stesdy. Native steer
titfH. cows anu u c i . c .j . i v - " . .......
ern steers, 8.25 9 7.9o; Texas steers. 5.ijj
7.40: range ows ard heifers, S5.50tfi;
calves, u.50 'J.r0.
Hogs Receipts. 7300; market. steady.
Havy, 7.uu t.Pri: lights. JT.fljo 8.0; pigs,
$7caS: bulk of sales. $7 0tf 7.fi.V
Sheep Receipts, l4.uur; maraet. eiruns.
Tearllngs. t.-..5ie; -aethers, $4tf4.U0;
lambs, Si.236 8.10
Chicago livestock Market.
cuif in 2S rattle ReeelDts.
SOW. market, steady to strong. Beeves.. 4.00
f&!.20; Texas steers, eii.75-7.70; Western
steers, ri.li-? 9.CO; stockers and feevlers,
s.-i.riti97.10; cows and heifers. $3.604 8.5o;
calves, s'l-n- i.'.uo.
Hoirs Receipts. 19.000; market, steady to
Sc lower. Light. 4S.30-98.20: mixed. ..55-
H.20; heavv, 7. 358. SO; rough, 47.33 1& 7.65;
pigs, HSB.io; ouia ui saiea, i.j v . . .
I ) . I . 1R DTmI- mirlr.! .r.lil. In
loc higher. Native. S3. Vol? 5; Western, 44.13
i o; yearlings. .iuin.3M; lamus. uau.e.
fr.oi ! l": extern. 1 q"Ti 3.1-.
Largest SSCo .
.Over 400 Ship
"U'orld'a LarRest Ship
SEPT. 20, 12 .OOX
and every three weeks thereafter.
Enabling passengers to arrive In
LONDON ana PARIS on sixth and
In HAMBURG on seventh day
Books now open for season.
LONDON. PARIS. HAMBURG
Pre. Lincoln ept. 4. 12 noon
l:1Pennylv.uii...&rit. 11. S P.M.
Victoria LuIms. . .bept. 12, 9 A.M.
Iinpemtor Srpt. to, 13 noon
!i Patricia .Sept. 0. 12 noon
2d cabin only. J Ham burg direct.
First cabin only.
C7"8. S. rennsylTanla and S. 8.
Pretoria Mil fmm w Pier foot
of 33d SL, boutb Br oo kirn. All
other 8ailins In thia Mrvic from
our Hoboken piera.
Gibraltar, Naples and Genoa
E7AI! steamers In this service
leave from NEtv I'lEK, 33d st
ISo. Brooklyn. Take 3Mb St. I err.
8. 6. iiaunbor-c (11.000 Tons)
Sept. 17. 1iiA.1L
S. S. Moltka (12,400 tons)
Oct. 7. 11 A. 3L
Akolo the woklo
Junu-sry 27, 1815.
BOOKS NOW OPEN
C70ur Toarlst Department sr.
raDKes Tours br Kail or Uteaus.
ei to all parts of the World.
Sails direct for San Francisco, Los
Angeles and San Diego Saturday at
7 P. M.
SAN FRANCISCO. PORTLAND &
LOS ANGELES . STEAMSHIP CO,
(With Denver & Rio Grand Railroad)
124 Third Street. A 4596, Main 26
NEW YORK - PORTLAND
REOCLAR FREIGHT KRVlct
Lett Betes Sehedal ".m
AMERICAN-HAWAIIAN S. S. Ca
U Kallwar Ezebaac Bld
COOS BAY LINE
sail from Alnswortb Dock. Portland. A.
Si Auaust 8. la. IS. 2. 28. SsdL 2. T. 12.
17. 12. 20. Freight received until P. It.
except aa orevious to saiuas; previous aay
t p. M. Paasenser fare: First-class, flu;
second-class. 97. Includlns; berth and meals
PORTLAND COOS BAY t. 6. LIXK, U
H. KEAIlNb. Afeot. fhoaa Mala MM,
Drain-Coos Bay Auto Line
Now Dally to Marsh field.
Wire reservati to O. Mattoon,
1 HAMBURG-AMERICAN LIKE
n 169 Powell at-, San Francisco, CaL;0
B boutiiern Pacific Co., tu eta at,, B
a O.-W. R. K. Co.. Nor. pa- f
K ciflc, D. A R. O. K. R.. g
V Burlington Route, Mil- fS
l waukie A Pust Sound gj
l K. R-, Oreat Nortli- . 3
ern Railway Ctk. S '
k Iora-y B. Smith.
6-J fith t.. Port- y
and Qre-fion. Jt &
TIIE young nian who accumulates a bank account
through the method of regular savings has
done a great deal to establish himself on a
sound footing in a business way.
Place your savings here
"The Bank That Can
Then when you're ready for a cheeking account, the com
bined facilities of both a National Bank and a modern trust
company are at your disposal.
NORTHWESTERN NATIONAL BANK
PORTLAND TRUST COMPANY of OREGON
H. L. Pittock, Chairman.
J. D. Farrell Charles H. Carey Wm. D. Fenton
F. W. Leadbetter John Twohy A. D. Charlton
Dr. A. S. Nichols L. B. Menefee Emery Olmstead
Third and Oak Streets
This bank offers to the public all the advan-:
tages of an old, reliable, conservative and -well-connected
institution. It seeks to characterize
every transaction with integrity, promptness and
Security Savings andTrustCompany
Fifth and Morrison Streets.
Capital and Surplus $1,400,000
We Invite Your
THIS bank offers as a basis of business connec
tion its record of success, conservative manage
ment, complete banking equipment, prompt
and courteous attention, and an independence "which
permits of all business being considered strictly on
Corner Fifth and Stark
RESOURCES 7 MILLIONS
LADD &TILTON BANK
Capital . .
Surplus . .
Commercial and Savings Accounts
W. M. Ladd, President Robert S. Howard, Aaat CaiaUa
Ed-ward Cooking-ham. Tlea-FrM. J. W. Idd. Ant Cashlsr.
Vf. H. Duncltley. Cashier. Walts r AL Cook. Aaat Cashier.
Corner WUhluxton and Third Btreeta.
First National Bank
Oldest National Bank West of the Rocky
C0RNEK FIRST AND WASHINGTON STS.
fS8T IIHE Ban Ftudfto to
Australia. I tfayt -ria Honolulu
and Samoa, the attracti-re snd
pleasant rant, wit-tier or summer. Splendid 10.000
ton stesnxra (risssed hj Bntuh Liords 100 Al).
$110 H00lil tistlssj -reand trip SYBSEY $300
$325 CRAND TOUR SOUTH SEAS $325
Eonoluln. Ssnna. Anstrslia. Heir Zestaad, Tahiti, etc
ROUND THE WORLD $625 Itt cabin, J396 2nt
SawBits HsnskSu Jal-f 28, An. U 26. ete. Sydosy
erery 28 days, July 29. Ana 2t etc. 6eod for fol-ier.
Ocsanil t, S. Ca. 173 Msrlut St. Saa FrsMKH
KU'UlS 8TEAMKRS )UR
fiaa Francises- and Ue-s- Aafrlsi
8. 8. BEAYEK Mail t A. M. Aur 30.
8 .S. UtAU, KaUs A. M. tept. i.
THE AN FKAXC1-CO PORTLAND A. S.
CO. Ticket Office. Sd and Wasbinc
ton. -a-lth O.-W. K. A K. to.
Pksaa Marshall 4JOM. A U1
San Francisco, Los Angeles
and San Diego Direct
S. S. Roanoke and S. S. YucaUn.
Ball Ksar-r Wsdneedar Altesutsiy as
NORTH PACIFIC 8. S. Ctt
Itt A Third St. Pto
Mala 1814. A ttlA
I.OS ANGELES ASn SAX DIEGO
8TA.MiiU'S VALE AD HaMVAU
Railroad or any steamer to San rranelsca.
ths txpo City. Larrest, fastest and the
ONLY strictly first -clu-ss passener snips on
tbe Coast. Aver-ise speed 2 mi.es per
Dour: cost $2,000. OUrS each.
fa AN HLA'C18'0. FOKTLASD I A.
a. s. co.
Mala 2S. Frank Boil am. Aient. A Hill
lit laird Buacb
and let them earn 4'
Serve You Best.
l.mM.M.lMHH $ 1,000,000.00
, - 1,000,000.00
Interest paid on tinec- deposits.
Letters of Credit ac-I Travelers'
Comer Second and Stark Sts.
F. C MAI.PAS, Manager.
tiocwa. sou. craii amu corxox.
NEW VOKK Blut-av K.VCH.ANbE.
Jti l'Oka toil OA til HANOI.
CHICAGO BOAkU O THAOC
IHi. BIOI K AMI BOMl i:iCUA.(i&
AN I BA.VCMO.
Lewis Building, 2C9 Oak Street.
Phone Mars ball 4120. A 41 87.
There were 17.2SS students In the Cni
yerstty of Psri last year, of whom 3:67