THE 31QRXIXG ORECiOXIAX WEDNESDAY, JUXE 3, 1914.
21
GR0PSN0TS0 SHORT
Larg
er Estimates of Yields
Weaken Prune Markets.
NO INQUIRY FROM ABROAD
Northwestern Output' Placed at Ten
Million Pounds by leading Pack
ersCalifornia Market Orf Full
Cent on Better Prospect.
The excitement that characterized all
prune markets a few weeks ago has largely
subsided. The yield, according to present
Indications, will be somewhat better than
' expected. Export interest could not
be aroused at the high prices named and
these circumstances have united in taking
some of the bullishness out of the market.
Values are now being readjusted in accord
since with the probable supply and demand.
So far as the Northwestern situation and
crop estimates are concerned there has not
been much change. However, it la believed
there will be more prunes than were figured
upon a month ago. One packer has raised
his estimate on the crop of the Northwest
to 10,000.000 pounds. A very limited amount
of business is being done, as packets will
not buy now at the prices they were pay
ing 10 days ago.
It is generally conceded that the Cali
fornia crop will be considerably larger than
was estimated, and that market has
slumped 1 cent a pound. Packers have of
fered to sell California prunes, equal quan
tities 40s to 60s, at 5H-cent base. Eastern
dealers will not take hold, even at this
figure.
A letter from Bremen, under date of Mai
ls, reviewing the Bosnia and Servla crop
situation, makes a conservative estimate for
this season of 1500 cars in Bosnia and 3000
ears in Servla, a total of 4500 cars, against
an actual tonnage last year of 3000 cars. A
report from Hamburg, dated May 5, says the
French crop will be much larger than last
year's.
Foreign buyers are not as yet interested
In cither Oregon-Washington or California
prunes at the present asking prices. It is
estimated that 40 per cent of the Pacific
Toast prune crop last year was exported.
Future business and prices depend entirely
on later developments as to the manner in
which dealers and consumers will take hold
of prunes at prices considerably above the
normal level.
WOOL PRICES ARE HOLDING TP W I LL
MIIIh Think Values Will Decline When Large
Supplies Arrive From West.
"Woolen manufacturers in the East believe
prices will ease off when the bulk of the
new clip reaches the big markets, but in the
meantime values are very firm. Fibre and
Fabric says:
"Wool sales during the week aggregated
well up to average, notwithstanding an
easing off on purchases of new wools. Hith
erto there has been a steady demand for
these arrivals, but probably on account of
heavier receipts a moderate Interest has
been displayed. A few manufacturers com
menting on present conditions claim that
with larger shipments from the West and
abroad and lighter demand from mills,
prices, in consequence, will decline.
"Prices are quotably higher than some
are willing to admit, and from present in
dications it looks as though they may ad
vance still higher should present demand
be maintained on the finer grades of ew
wools.
Buyers In the West are evidently not
mccompllshlng much. Growers still main
tain that there is more money in their
wools by waiting for a time, consequently
hearing is being done slowly and wool Is
held up."
LOCAL HAx- MARKET IS OVERSTOCKED
Receipts Are Largely of Off-Grade New
Crop Prospects Good.
A great deal of off-grada hay Is coming in
and the market is overstocked. As there
is a large supply left in the. country and
a considerable carry-over is certain, the
market has a weaker tone. Although the
crop was large last year, the market has,
up to this time, maintained a very steady
position, as local consumption has been good.
Since the season opened, receipts at Port
land have been 53,060 tons, as against 45,
600 tons received In the corresponding period
last year.
The growing hay crop promises to equal
that of 1013. and may exceed It. "Weather
conditions have been good throughout, and
the season is forward. Clover is being cut
in the valley now and 30 days will see new
grain hay available. The first cutting of
alfalfa is In the stack and the second will
be cut in two weeks.
There were no new developments in the
grain market. The wheat undertone was
weak, and no business was reported in spot
or futures. Commenting on the general
wheat situatioryajBroogthall says:
"I believe the course of the market in the
rear future will depend to a great extent
on the progress toward development of the
American winter wheat crop and how grow
ers will market and merchants handle it. I
also think that indications point to continued
light shipments for the balance of the old
crop season and this is explained by the fact
that growers are showing no particular de
sire to sell even at the high premium, and
then again the European crop outlook is be
coming rather apprehensive.'
Local receipts. In cars, were reported by
the Merchants' Exchange as follows:
Wheat Barley Flour Oats Hay
Monday 1:0 23 2 11
Tuesday 4 i T i
Tear ago 311 S 10 3
Seas'n to date. 155.i3 26116 2726 1G0O
Year ago 16044 2391 2406 1025
4
26S3
2280
WEATHER FAVORABLE
FOB CROPS
More Rain Will
Be Needed 'Within Week
or Two.
The following summary of the result of
the weather for the week ending June 1,
1014. on the condition of the principal crops
In Oregon is based upon investigations made
by a number of correspondents reporting to
the local office of the Weather Bureau:
Tiie week was characterized by beneficial
rains during the first few days, which were
followed by much cooler weather, especially
al night, and later by warm, clear days. The
(moisture now In the soil is sufficient for
present needs, but more rain will be needed
within a week or two, especially in the dry
farming sections. The cool nights retarded
growth, and in a few localities .frost formed
and damaged garden truck. Fall wheat Is
heading nicely and the condition of this crop
continues satisfactory in ail sections of the
state. Spring wheat and fruit are making
excellent progress. Alfalfa cutting Is well
tinder way, and the crop is good except a
small portion which, after being cut. was
damaged by the rains early in the week.
There is plenty of feed on the ranges and
pasturage is good elsewhere throughout the
state.
LARGE RECEIPTS OF DALLES CHERRIES
Bings of Fine Quality Are on Market Straw
berries Arrive Poor.
There were good shipping orders for straw
berries on the market, but the bulk of the
receipts would not stand shipment. Prices
on the street ranged from 60 cents to $1,
according to quality. In several of the
large producing districts, the surplus is be
ing taken by fruit syrup manufacturers.
Receipts of cherries from The Dalles wan
liberal. Fine Blngs sold at 12 cents and
-others at 5 to 8 cents. No apricots were
received, but enough were on band from
Monday to fill requirements. Cantaloupes
were closely sold up.
Vegetable receipts included a car of mixed
sack vegetables and a car of red onions.
HOP CROP ESTIMATE IS UNCHANGED
Poorer Yards in Valley Have Not Benefited
by Kains.
The late rains have benefited the hop
yards that were already looking good, hut
those with spindling vines show no improve
ment. Hop men who have been through the
important sections in the past two days see
no reason to change their estimates of the
new crop.
The market is Inactive. There are a few
orders, but no sellers at current rates. " Bids
of 15 and 15 cents were made yesterday
on spot.
Beer consumption during April, according
to the official returns of the Internal Rev
enue Department, amounted to 5,096,300
barrels in 1914, as against 5, 204, 70S barrels
In 1013.
Country Produce Market Steady.
All lines of country produce were steady.
There were good receipts of poultry, but the
demand was equal to the supply. Dressed
meats also cleaned up.
The markets for eggs, butter and cheese
were in a healthy condition and prices were
unchanged.
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as follows:
CIearinrs. Balances.
Portland
Seattle
Tacoma
Spokane
.1104 J22H.820
3,270,8f.S 277.43:1
510. 6.;7 IIS, 419
NH.84I 121,973
PORTLAND AIAKKET QUOTATIONS.
Grain. Flour, Feed. Etc.
WHEAT Track prices: Club, 8586c
bluestem, 88S9c; forty-fold, 87c; red Rus
sian, hoc; valley, 86c
MILLFEED Bran. $23.5024 per ton;
shorts. 2u.30e27; middlings. S3233.
FLOUR Pater ta. 14.80 per barrel
straights, $4.20; exports. $3.90; valley, 74.80;
graham. $4.80; whole wheat. SrV.
HAY- Choice timotbv t1(t1T v WAH
iimotny, xizi,-tj valley grain hay, $11413;
BARLEY Feed. J20Q 21.00 per ton; brew,
lng, $21.50 3 22; rolled, 23.60(g24.
OATS No. 1 white milling, $22a22.50 par
ton.
CORN-
-Whole, $33; cracked, $36 per ton.
Fruits and Vegetables.
Local jobbing quotations:
TROPICAL FRUITS Oranire.
$-.u4c3.2o per box; lemons, $5.50&6 per
uoi pineapples, uc per pound: bananas. 4tte
per pound; grapefruit, Florida, $5. 5U&6.50
t-iiiilAKLES cucumbers. $1.25 per
box; eggpiunt. l&c per pound; peppers, 2U
oc per pound; radishes. 15&17 Vic per
oozen: head lettuce, $2 per crate; artichokes.
o&.85c per dozen; celery. 3.50i4 per
crate; tomatoes, S4.25&4.o0 per crate:
spinach, 5c per pound; horseradish. 10
12sc; rhubarb, lV.&3c per pound; cabbage.
i-?4C per pound; asparagus. iift)L-5 Per
dozen; peas, o if tic per pound; beans, 68
12 lac per pound; corn, 75c per dozen.
GREEN FRUIT Apples. $1.50 ta; 2.75 box:
strawberries, 5Ucf&$l per crate; charries. 5
lVjC per pounu: gooseDerrles, iic per
pound; apricots, Jl. 254 1.50 per box; canta
loupes, $4,505 per crate.
ONIONS Bermuda. S2225 per crate:
red. $3(4 3.25 per sack.
POTATOES Oregon. O0cS$l rer hundred:
sweet potatoes. t.50S per hundred; new
California, 2ic per pound. '
SACK VEGETABLES TurniDS. new Cali
fornia. $1.50; carrots, $1.75; beets, $1.75.
Dairy and Country Produce.
Local Jobbing quotations:
EGGS Fresh Oregon ranch, case count.
20 21c: candled, 2223c per dozen.
POULTRY Hens, 164c: broilers. 25
20c; turkeys, live, 20 22c; dressed, choice.
25&2tic; clucks. 12c; geese, lOllc.
BUTTER Creamery prints, extra 270
per pound; cubes. 224 &i24c.
LHLEhL Oregon twins and triplets. Job
bers' buying price, 15c per pound f. o. b.
dock Portland.
PORK Fancy, 10 hac per pound. .
VEAL, Fancy. 11c per pound.
Staple Groceries.
Local Jobbing quotations;
SALMON Columbia Kiver, one - pound
lis, $2.25 per aozen; half-pound flats.
$1.40; one-pound flats. $2.45; Alaska pink,
one-pound tails, b5c; silversides, one-pound
tails, tlJti.
HONEY Choice. $3.503.75 per case.
NUTS --Walnuts, tttcKOo Dcf Dound.
Brazil nuts. Uc; filoerts, 14 4? 15c; almonds.
10g2Sc; peanuts, bdpoiac; cocoanuta. $l par
dozen; chestnuts, &'A&10q per pound! pe
cans, 14 6115c. .
BEANS small white, 6c; large whit.
i.S5c; Lima, 8c; pink, 5.15c; Mexican, tioi
bayou, 7c.
COFFEE Roasted. In drums. 10052a oer
pound.
SUGAR Fruit and berry. $4.85: beet.
(4.75: extra C. $4.45; powdered, in barrels.
$5.20.
SALT Granulated, $15-50 per ton: half-
ground, lOua, $10.75 per ton; 60s, $11.60 per
ton, dairy, $14 per ton.
RICE No. 1 Japan. 4H05c; Southern
head, tiiHc, Island, 5&5)o.
DRIED FRUITS Apples. 10 11c pel
pound; apricots. Iop20c; peaches, 8311c;
prunes. Italians. 84QplOVbc; currants, Ufca;
raisins, loose Muscatel, 6fc74fcc; bleacn.c
Thompson, llc. unbleacliu ullan&. ogo:
seeded, Uc; dates, Persian, 7'4P7Vo per
pound, fard, $1.40 per box.
FIGS Package. 8 ox., 60 to box, $1.85;
package, 10 oi, 12 to box, 80c; white, 25-lb
box, $1.75; black, 25-lb. box, $1.75; black.
50-1D. box, $2.50; black, 10-lb. box, $1.14,
Calarab candy figs, 2U-lb. box. $3; Smyrna,
per box. $1.50.
Hops, Wool, Hides, Etc
HOPS 1913 crop, prime and choice, 14 Q
15c; 1014 contracts. 1415c.
PELTS Dry. 11c; dry short wool, 8c; dry
shearings, 10c; green shearings, 15c; salted
sheep, $1.25&1.50; Spring lambs, 25&o5c
HIDES Salted hides, 13c Per pound;
salt kip, 14c; salted calf, lUc; 'green hides,
12fec; dry hides, 24c; dry calf. 2tio; salted
bulls, 10c per pound; green bulls, a&c.
WOOL Vailey, ls-Uc, Eaalein Oregon
leltOsC
MOHAIR 1514 clip, 27tt2S?,e per ib.
CASCARA BARK Old and new. c per lb.
GRAIN BAGS In car lota, 894c
FISH Chinook salmon, 12c; blueback.
11c; shad, 3c; roe shad, 5c; perch, 7c; hali
but, 4 life 8c.
Provisions.
HAMS 10 to 12-pound, 18H OlOo: 12
to 14-Vour.d. 18tefeiiuvsc; 14 to 18-pound.
lS4c19tac; skiaoed, Ij20c; picnic, 13a.
BACON Fancy, 27 28c; standard. 21 V4
24c.
DRY SALT CURED Short clear backs,
13H u-ltc; ezports. 14?loc; plates, llt
13c.
LARD Tierce basis. Pure. 12913c;
compound. Vc.
Oils.
KEROSENE Water white, drama, bar
rels or tank wagon. 10c; special, drums or
barrels. 13c; cases. 17Hi20'4e.
GASOLINE; Bulk, 15Vxc; oases, 2214c;
motor spirit, bulk, 15c; cases, 2214c En
gine distillate, drums, 7fec; cases, 14Vse
naptha, drums, 14fec; cases, 21c
LINSEED OIL Raw. barrels, 61c; boiled,
oarrei. 63c; raw. cases. 66c; boiled, cases.
6 Sc.
TURPENTINE In cases, 05 o per gallon;
tanks, 58c
SAN FRANCISCO PRODCCE MARKET
Prices Quoted at the Bay City on Fruits,
Vegetables, Etc.
SAN FRANCISCO. June 2. Fruit Pine
apples, $1.502.25; apples, Newtown, Pip
pins. $1,2511.75; Mexican' limes. $010;
California lemons. $3'i5.
Vegetables Cucumbers, 5075c; green
peas. 2ii5c.
Eggs Fancy ranch, 23c: store, 214e.
Onions Bermudas, $2&2.25; red, $2
Cheese Young Americas.
12rM 134ic
14 14 16c
new.
Butter Fancy creamery,
23 tie.
24c; seconds.
Potatoes Oregon Burbanks,
sweets. $2.60: new, 1 4 6 2c.
75c$1.10;
Receipts Flour, 950 quarter sacks; bar
ley, 4410 centals; potatoes, 1480 sacks; hay,
50 tons.
Coffee and Sugar.
NEW YORK. June 2. The coffee market
opened steady at an advance of 7 to 11
points this morning in response to higher
European cables, a farther advance in the
cost and freight market, moderate European
buying and a renewed scattering loqal de
mand. Rather a bullish visible supply state
ment probably helped prices, but there was
considerable realizing and prices eased off
slightly during, the day with the close
steady at a net gain of 2 to 8 points. Sales
56.000 bags. June, 8.2c; July, .02c: Sep
tember, 9.22c; October. 9.31c; December,
9.48c; January, 9.53c; March, 9.4c; May
9.70c.
Spot firm. Rio No. 7. 9c; Santos No. 4.
lSVic Mild coffee quiet. Cordova, 1214 016c
nominal.
Raw sugar steady. Molasses, 2.74c; cen
trifugal, 3.39c. Refined, steady.
Dututh Unseed Market.
DULUTH. June 8. Linseed, tl.623s' SeD
tamber, L01S; July. J1.63.
RUSSIA
AS
DROUTH
Bullish Crop Cables Advance
Wheat at Chicago.
JULY IS UP THREE FOURTHS
Decrease or Over Six Million liusli
els for "Week In European Visible
Supply Foreign Buying of
Futures Aids Rise.
CHICAGO, June 2. Wheat prices turned
upward today; influenced largely by Euro
pean advices of bullish crop conditions and
of diminisrJng; stocks on hand. The mar
ket here closed steady at an advance of
to c net. Other leading staples, too, all
showed gains corn 6t T4 to lc. oats M
3 to gic and provisions 12415 to 45c.
There was a decrease of more than 4j,000.
0OO bushels for the week in the European
visible wheat supply. Besides, disturbing
reports as to heat and drouth came from a
large area In Southwest Russia. The market
here, which had opened unchanged to H Uf c
higher, scored a subsequent all-around up
turn. Prices subsequently hardened further,
the result of trans-Atlantic buying of fu
tures here.
Corn developed strength as a result of im
proved Eastern lemand. fiull leaders were
predicting an absolute scarcity betore a new
crop comes in. Prices started a shade to
c up and continued to ascend. Assertions
that country stocks were about exhausted,
except in Iowa and Nwrthern Illinois, tend
ed to lift quotations.
Oats went higher with other cereals. Good
rains' were ignored.
In the provision market packers took to
the buying side and quotations gradually
climbed. Offerings were decidedly meager.
The leading futures ranged as follow:
WHEAT.
Open. High. Low. Close.
July $ .S3H $ .S7Vi $ -863s $ .87
sept 85 3 .85 .85 U .85
CORN.
July .68li .00 .r.Sli .69
Sept. .U8V .0Bi .67ii
OATS.
July 30 .40 .39 .40
Sept. 38 .3Ss .38 .38
MESS PORK.
July 20.00 20.25 20.00 20.25
Sept. l'J.02 19.80 19.87
LARD.
July 10.00 8.87 V, 8.97
Sept. 10.02 10.17'.4 10.02la 10.15
SHORT RIBS.
July- 31.15 11.27H 11.15 11.22
Sept 11.22 11.37 Vx 11.22 hi 11.32',,
Cash prices were:
Wheat No. 2 red, 83c; No. 2 hard. 94
(S'J'ac: No. 2 Northern, 97&88c; No. 2
Spring. SXHii 98c.
Corn No. 2. 70'4(S7Hic: No. 2 yellow.
71 if72 c; No. 3 yellow, 714T2c.
rtye rto. -, teo.
Barley, 50 ig 65c.
Timothy, $:i.754.73.
Clover, $10013.
Paget Sound Wheat Market.
TACOMA. June 2. Wheat Bluestem. 89c;
forty fold. 86c; club, 85c; Fife, 85c
Car receipts, wheat bJ, barley is, oats it,
hay 17.
y SEATTLE. June 2. Wheat "bluestem. 87c:
fortyfold, 866c; club, 85c; Fife, 85c; red
Russian, buc.
Y'esterday's car receipts, wheat 29. oats 9.
barley 5, hay 40, flour 8, corn 1.
' San Francisco Grain Market. C' j r
SAN FRANCISCO. June 2. Snot Quota
tions: Walla Walla. $1.55: red Russian.
$1.05; Turkey red, $1.57 1.60; bluestem,
$L571.60; feed barley. 95&97c; brew
ing barley, nominal; wnite oats. $i.zti4(3'
1.27; bran, $24.25 & 24.50; middlings, $30lg
31; shorts, $2u& 26.50.
Call board: tiariey, xjecemoer, l.on.
Minneapolis Grain Market.
MINNEAPOLIS. June 2. Wheat. July.
90 c September, 88 c. .
Hash. No. l nara. ac: iso. a jsortnern.
92 4i 1'4 c : No. 2 Northern, 90l92c
Barley. 45s67c. -Flax.
$1.59Hl-62.
STOCK RANGE IS STEADY
SMALL SUPPLY OFFERED AT NORTH
PORTLAND YARDS.
Best Hobs Taken at $7.00, bat Bulk of
Sales Are Nickel to Dime
Lower.
There was a light supply of stock at the
yards yesterday and a generally steady mar
ket. Most of the trading was in the sheep
and hog divisions.
A load of fair steers sold at $7.tiO and a
few odd steers and cows brought the usual
prices. " "if.
The best hogs were taken at $7.90. the
top quotation of the preceding day, but the
majority of sales were at $7.85 and $7.80.
In the sneepnouse tne beat lambs were
sold at $6.05. Other lambs brought $5.40
to $5.75. Yearlings held at $5 and mixed
lots brought $4.25 to $4.60. '
Receipts were 2 cattle, 223 bogs and T22
sheep. Shippers were: With hogs. J. A.
Woodcock. Sherer, 1 car; D. Burden, Gold
Hill, 1 car. With sheep,' A. R. Ford, Carl
ton, 2 cars; G. M. Hannon, Roseburg, 2 cars;
J. W. Manchen, Plalnview, 2 cars. With
mixed loads, J. W. Aires, Sherer, 1 car cattle
and hogs.
The day's rales were as follows
Wt. Price.
Wt. Price.
H'.lO $7.35
0 m'd s'n
113 $4.50
1 steer. . .
1 cow
1 cow. . .
17 steers. .
1 sheep . .
4 hogs. . .
1 hog. . . .
t hog
22 hogs. . .
4 hogs. . .
1 hog .
4 hogs. . .
8 hogs. . .
1 hog. . . .
5 hogs. . .
105 m'd s'p
94
4.-J
6.05
5.4)0
69 lambs..
50 yearl'gs
45 hogs. . .
14 hogs. . .
11 hogs. . .
40 hogs. . .
6 hogs. . .
74
105
110
252
lay
IMS
143
CU
162
12
61
57
1)3
1050
1000
1034
12)
312
370
340
100
310
370
127
1!5
3 H)
210
5.00
7.60
4.00
7.S0
6.90
7.40
7.90
7.40
6.0O
7.90
7.90
6.90
7.90
7.20j
7.85
7.85
7.801
7.00
145 lambs ..
5.751
50 hogs. . .
50 ewes. . .
7.80
3.60
s n.V
161 lambs..
G5 lambs..
7 1 w. ewes
1 steer. . .
5.40
4.60!
7.75'
Current
prices
of the various
classes of
stock at the yards follow
Prime steers
..T.7B8.15
. . 7.25 0 7.50
.. 7.OO0 7.25
.. e.500 7.00
. . 6.000 6 25
. . 6.00 0 7.00
.. 7.500 8.1S
Choice steers
Medium steers ...........
Choice cows ..............
Medium cows .............
Heifers
Light
Heavy
6.50 0 7.19
Bulls 4.00n
6.23
7.00
Etags 5.500
tiogl
Light
T.5O0
6.50 m
4.25
3.25 0
4.50 0
5.600
7.90
6.90
4. LB
4.50
5.00
6.00
Heavy
ten
Wethers
Ewes
Yearling lambs
Spring lambs .
Omaha Livestock Market.
SOUTH. OMAHA. Neb.. June 2. Hogs
Receipts. 9500; market, higher. Heavy, S7.85
07.91); lignt. i.BU(o l.i r4 ; pigs. ii. ovist
7.80; bulk of sales, $7.8507.87.
Cattle Receipts. 300: market, hlgner. Na
tive Steers. $7.2508.75; native cows and
heifers, xo.5008.25; Western steers. $6,500
8:35; Texas steers. $0 07.80; Texas cows and
heifers. $5.8507.30; calves, $8011.
Sheep Receipts, 2ti00; market, higher.
Yearlings. $6.50 0 7.25; wethers, $5.4006.00;
lambs, $7.7508.25.
Chicago Livestock Market.
CHICAGO. June 2. Hogs Receipts. 14,
000; market, shade higher. Dulk of sales.
$80S.O5: light. $7.8508.10; mixed. $7,800
8.10; heavy. $7.G508.1O; rough, $7.6507.80;
pigs. $70 7-75.
Cattle Receipts, 3000; market, steady.
Beeves. $7.3509.25: steers. $708.15; Block
ers and feeders, $6.350S.3O; cows and heif.
ers. $3.70 08.75; calves, $7 0 9.50.
Sheep Receipts. 14.000; market, strong.
Sheep, $5.35 6 6.23; yearling. $6.1007.15;
lambs. $6.23 0 8.35: Springs. $709.65.
Metal Markets.
NEW YORK, Jane 2. Lead qu?. 3.850
3.93; London, flS 2s 6d.
Spelter quiet, 5.0505.15: London C21 7s ?d.
Copper dull. Spot and August. 13.50 014.00;
electrolytic, 14.25; lake, nominal; casting,
14.00 014.12.
Tin unsettled. Spot, 80.25080.65; August,
30.30 030.40.
Antimony dull. Cooksons, 7.2507.37.
Iron quiet. No. 1 Northern, 15. OO 015.50;
No. 2. 14.75015.25. f
Bank Clearings.
Sulc clearings la Ilia United Statsa for
the week ending May 28. as reported to
Bradstreefs. aggregate $2,885,446,000.
against $3,217,523,000. in the preceding week
and $3,027,118,000 in the same week last
year. Following are the returns for the
past week, with percentages of change from
last year:
Inc.
,605,231.000 U.l
289,441.000 .7
154,921. 0O0 2.5
14t.740.OO0 8.7
72.3HO.OOII "2.9
5:l.47.0OO 7.9
47.707.0O0 3.1
42. 064. (KM) .3
' :;4.82:t.poi 5.6
2tt.9K0.00U 4.9
24.OMI.00O 1.8
19.70.000 5.7
2O.1H7.000 "8.2
20.20.1.000 10.5
16.767.001) 8.4
14.0H3.00O 3.1
14.309.000 16.5
12.312,000 28. 0
12.92S.OOO 0.1
1 1.579.000 1.3
10.0S7.0D0 11.7
31,837.000 14.7
5.127.000 3.7
3.519.0OO 3.6
3.042.OOO 7.3
l,9r4,Onn "27.0
1.7S2.000 23.0
1.502,000 13.1 I
New York
Chicago
Philauelphla .........
Boston
St. Louis
Pittsburg
Kansas City
San Francisco .......
Baltimore ............
Detroit
Cincinnati ............
Minneapolis ...........
Cleveland
Los Angeles ..........
New Orleans
Omaha
Milwaukee ...........
Atlanta ...............
Louisville .............
Seattle .................
Boffalo
Portland, Or
Salt Lake City
Spokane .............. ,
Oakland
an Diego .............
Tacoma
Sacramento ...........
Decrease.
STOCKS GO DOWNWARD
SHORTS SELL MARKET HEAVILY IDT
CLOSING HOUR.
State) and Municipal Bonds Are Strong,
Bat Railroad Issues Affected Iy
Speculative Selling;.
NEW TORS, June 2. A definite down
ward movement of stocks occurred today,
with a larger volume of trading than dur
ing the recent readlock sessions. In which
the price level was virtually unchanged.
iNew liaven again ngured strongly In the
dealings. Steady selling of this stock
forced down the quotation two points to a
new low record at 63. Missouri Pacific rose
point at the outset, but the advance
brought out increased offerings and it soon
fell back again.
Heaviness of the coppers was associated
with the lowering of metal prices abroad
and the Increase in foreign supplies shown
In the fortnightly report. Professionals sold
the market heavily in the closing hours.
strength of state and municipal bonds
failed to sustain railroad Issue, some of
which declined in sympathy with specula
tive Belling of Rock Island lines. Total
sales, par value. $1,750,000, Vnited states 2s
registered declined on call.
CLOSING STOCK QUOTATIONS.
Reported by J. C. Wilson & Co., Lewis
building, Portland.
Closing
Sales,
Allls-Chal
High. ' Low.
Hid
10
70
25
26
90
5'
42
02
101
107
112
122
224
31
121
96
100
PT4
92
193
51
13
129
0S
34
800
41
26
22
128
309
11
14
28
146
31
110
14(4
61
100
26
Amal Copper . .
Am Beet Sugar.
Am Can Co
14.700
no
60O
100
300
100
l.soo
T1S.
2
27 U
nou
r.nvi
42
63
70
26
26
90 14
50
42
62
108 '
122
227
31
121
96
'96"
92
393
51
129
98
34
"41
27
do preferred..
Am Car & Fdy..
Am Cotton Oil
Am Smel & Ref
do preferred..
Am Sugar
100 108
do preferred..
Am Tel & Tel. .
Am Tobacco . . .
Anaconda
Atl Coast Line..
400
200
1.10O
10O
1.10O
2.2O0
1.500
5.000
1.300
"SOO
1.900
3,900
1.006
200
122
229
31
121
97
'po
93
19.-. i
Cl
130
99
34 Ti
'ii
27
A T & Kanta Fe
do preferred..
Bait & Ohio ...
Brook R Tran. .
Canadian Pac. .
C & o
C & G W ......
C &.N W
C. M & St Paul.
Central Leather
Ceneral of N J.
Chlno
Col Fuel & Iron
Col Southern . .
Consol Gas ....
D L & W
300 128
D & R G
Distilling Secur. ......
Erie 1.80O
28
147
31
" 28
147
31
"l4
61
106
Gen Electric . .. 100
Gt North Ore.. . 300
Illinois Central. .
Interboro Metro 1,300
14
a
100
do preferred.. 600
Inter Harvester. 200
K C Southern
Lehigh Valley .. 6.000
138 136
136
Louis & Nash 136
Mexican Central
11
M, S P & S S M 300 125 123
Mo, Kan & Tex.
Mo Pacific 18.700 -19 18
123
17
18
411
106
130
3
eo
23
103
109
22
26
8S
111
120
!!
22
2
1
24
1454
153
83
14
60
109
50
National Lead .. ..... .....
do preferred.. .....
Nat Biscuit
New Haven ... 16,200 66 63
N Y Central ... 2,600 91 90
N Y. Ont & Wes
Norfolk & West 100 103 103
Northern Pac .. 1,300 110 109
Pacific Mail
Pacific T & T. ,
do preferred
Pennsylvania ... 1,700 111 111
People's Gas ... 400 120 120
Reading 25,200 165 163
Republic S & I
Rock Island Co
Southern Pac .. 5,500 92 91
Southern Ry .. 300 24 24 14
Texas Oil 300 546 145
Union Pacific .. 16.000 155 153
do preferred
United Rds S V 1
U S Steel Cor .. 83.80S 00 .19
do preferred.. 70O 109 109
Utah Copper .. 8,900 06 00
Wabash '.
Western Union.. 1O0 61 61
61
Total sales for the day, 202,600 shares.
BONDS.
Reported by Overbeck & Cooke Co, Board
of Trade building, Portland.
Bid. Asked.
Atch Gen 4s P.
Atl Coast Line, 1st 4s... 94
B & O Gold 4s P4
B R T 4s 91
Ches. &. O. 4s 02
C M & St P Gen 4s 102
C K I Col 4s 33
Cal Gas 5s 92
C B Q" Joint 4s 97
Erie Gen 4s 72
Int Met 4s 77
Louisville & Nash Un 4s 75
Missouri Pac 43 57
NYC Gen 3s S3
N & W 1st Con 4s 94
Northern Pac 4b 95
Oregon Short Line Ref 4s 81
Pac Tel 5s 97
Penna Con 4s 10O
Reading Gen 4s 94
St. L & San Fran Ref 4s 74
So P Ref 4s 92
S. P. Col 4s 90
So Ry 5s 104
So Ry 4s 73
Un Ry Inv 4s ....
Un Pac 1st and Ref 4s 94
U S Steel 5s 102
West Shore 4s. 82
Wabash 4s 57
W'houee Eleo cv 5s............ 95
Wisconsin Central 4s 89
95
94
94
91
93
K'2
33
.93
97
73
77
73
59
S3
'5
82
97
95
75
93
90
56
95
102
92
58
95
United States 2s registered 96 97
do coupon 97 98
United States 3s registered lot 102
do conoon 101 10'J
United States 4s registered 109 110
do coupon 110 111
Stocks
BOSTON. June 2.
Allouez 40
Amal . Cop 70
Am Z L & Sm. . 16
at Boston.
Closing quotations:
INevada Con 14 si
!Nipissing Mines 6
!North -Butte.... 25
Vs, North Lake 1
iOId Dominion... 47
Arizona Com... 4
Calumet & Ariz. 64
Cal & Hecla...410
Centennial 16
Cop Range C C 36
E Butte Cop M . IO
joeceola ... t tj
;Quincy 55
Shannon ....... 5
SuDerlor 2
rranHJin ...... -1
Granby Con 81
;Sup & Boston M 'J
t amarack 35
U S S R & Mtn 33
do preferred.. 45
Utah Consol 10
ttah Copper Co. 55
; Winona 3
.Wolverine 40
IButte & Sup.... 39
Greene Cananea 32
I Royalle (Cop) 20
1. err latce 4
Lake Coupper. . ts
I.a Salle Copper. 4
Miami Copper. . 21
Mohawk ........ 44
Money, Exchange, Ktc. '
NEW YORK. June 2. Close: Mercantile
paper, 3 04.
Sterling exchange firm; 60 days, $4.8610:
demand. $4.8S60.
Commercial bills, $4.85.
Bar silver, 56c.
Mexican dollars, 43 c
Government bonds easy; railroad bonds,
irregular.
Call money steady, 101; ruling rate.
1: closing bid. 11.
Time loans steady; 60 and 90 days, 2;
six months, 3.
LONDON, June 2. Bar silver dull.
23 13-lOd. t
Money. 2 per cent.
Discount rates, short hills, 2 per cent;
three months. 2 13-16 per cent.
SAN FRANCISCO, June 2. Sliver bars.
58c
Mexican dollars, nominal.
Sterling on London, 60 days, $4.86; do.
sight. $4.88.
Condition of the Treasury.
WASHINGTON, June 2. The conditlou of
the United States Treasury at the begin
ning of business today was: '
Net balance in general fund $74,109,202
Total receipts yesterday 2.809.047
Total payments yesterday ....... 2.129.654
The deficit this fiscal year Is $33,241,854.
against a surplus of $6,029,462 fast year, ex
clusive of Panama Canal and publlo debt
transactions.
Naval Stores.
SAVANNAH, June 2. Turpentine, firm at
THE BANK OF CALIFORNIA
NATIONAL ASSOCIATION
of San Francisco. Founded 1864
Capital Paid In $8,500,000.00
Surplus and Undivided Profits $8,069,722.49
Commercial Banking and Savings Departments
PORTLAND OFFICE
Third and Stark Streets
LADD & TILTON
BANK
x-etabUafaed 185
Capital and Surplus
Commercial and
43044c. Sales, 610; receipts. 1267; ship
ments. 1250; stocks. 18.064.
Rosin, arm. Sales. 1686: receipts, 2729;
shipments, 2853; stocks, 107.972. Quote: A.
$3.55 3. 65; C, D, $3.85; E. $3.95; F. $4.05;
G. $4.07; H. $4.10; I. $4.15; K, $4.10; M,
$4.75; N. $5.35; WO. $5.75; WW, $6.
Chicago Dairy Produce.
CHICAGO, June 2. Butter Unchanged.
Eggs Receipts, 24.704 cases, unchanged.
Cheese Unchanged.
Cotton Market.
NEW YORK. June 2. Spot cotton, quiet.
Middling uplands. 13.75c; do. gulf, 14c
Dried Fruit at New York.
NEW YORK.June 2. Evaporated apples
dull. Prunes unsettled. Peaches quiet.
DAILY METEOROLOGICAL REPORT.
PORTLAND. June 2. Maximum tempera
ture. 69 degrees; minimum. 53 degrees.
Kiver reading, 8 A. M 15.5 feet; change in
last 24 hours, .2 foot fall. Total rainfall (3
P. M. to 5 P. M. ), none, total since Septem
ber 1. 1913, 37.37 Inches: normal, 42.28
Inches; deficiency, 4.91 inches. Total sun
shine, 4 hours 0 minutes; possible, 15 hour
32 minutes. Barometer (reduced to sea level!
& P. M., 29.87 Inches.
THH WEATHER.
STATIONS.
6tate ot
weather
3 5
Baker
Boise .........
Boston
Chicago ......
Colfax
Denver ........
Des Moines ...
Duluth ,
Eureka .......
Galveston ,
Helena
Jacksonville ...
Kansas City . .
Klamath Falls
Los Angeles ...
Marshfield . .
Medford
Montreal ......
New Orleans . .
New York
North Head . . .
North Yakima
Pendleton .....
Phoenix
Pocatello .....
Portland
Rose berg .....
Sacramento ...
St. Louis
St. Paul
Salt Lake
San Francisco
Seattle
Spokane
Tacoma
Tatoosh Island
Victoria, B. C
Washington -. . .
Winnipeg
.16J16iNWj Rain
.vi;iv n&in
J.00I 6'NW
Clear
Clear
Cloudy
J.00I 61 E
l.OO'Calm
).02 8iN
).00 12iSE
).00!12'SW
l.00(l2N
).O0 4SW
).20 4!SW
).0S iosw
Cloudy
Cloudy
Clear
(Cloudy
tjiear
PL cloudy
Cloudy
).34 10'SE
Cloudy
.00 4 NW Clear
.001 6 S Pt. cloudy
.001 4'N Cloudy
i 16'NWJPt. cloudy
10IW Pt. cloudy
49 Cloudy
J16!NW)Clear
4'NWCloudy
8NWiPt. cloudy
4SE Rain
.021 8:.V (Clear
.081 4'SE IClear
.00I12'S
PL cloudy
J.00 81W
).0014'S
1.00 8'SE
). 00(16 S
).00'24'S
J.OOl4lW
1.001 8ISW
Ft. cloudy
Clear
Clear
Cloudy
Cloudy
Cloudy
Cloudy
OOllOiSW (Cloudy
.oo! 8;w
Clear
.0010W
.00I18SW
.OO 4'N
.0020S
Cloudy
Rain.
Clear
PL cloudy
WEATHER CONDITIONS. '
A moderate high-pressure area overlies
the country east of the Mississippi River.
Low pressure obtains over the remainder of
the country, atmospherlo conditions being
especially unsettled over the Rocky Moun
tain, Basin and Plains states. Showers and
thunder storms have been quite general from
the Cascade Mountains nearly to the Mis
sissippi River, also in Florida. The weather
is cooler in Western Washington. Oregon,
Northeastern California, Southern Utah,
North Central Montana, Saskatchewan and
the St. Lawrence. It Is correspondingly
warmer In British Columbia, Western Mon
tana. Central and Northeastern Washington,
Northern Utah. Northern Colorado. West
ern South . Dakota, Nebraska, Kansas and
Illinois.
The conditions are favorable for generally
Modern ad
Improvend
Methods
This bank conducts its busi
ness in accordance with the
most modern and approved
banking methods.
It is conservative yet thor
otighly considerate of the
loan requirements of its cus
tomers. It wants your ac
count and agrees not only
to safeguard your interests
but also to afford you every
facility for the successful
handling of your business
Security Savings and
Trust Company
Fifth and Morrison Streets
Capital and Surplus $1,400,000
The
Canadian Bank
of Commerce
HEAD OFFICE
Toronto, Canada.
Established 1867.-
A enteral ban Icing businei
transacted.
Interest paid on time daporitu
Letters of Credit and Travelers'
Checks Issued.
i
PORTLAND BRANCH,
Corner Second and Stark Sta.
F. a MAT.PAS, Manager.
$2,000,000
Savings Deposits
fair weather in this district Wednesday. It
win uo iwuier ,n central ana Piortneasterr
Washington. Westerly winds will obtain
FORECASTS.
Portland and vicinity Fair; westerly
winds.
Oregon Generally fair. cooler interior
Bpuinwci portion: westeriv winds.
Washington Generally fair, cooler cen
tral and northeast portions; westerly winds.
Idaho Generally fair.
THEODORE F. DRAKE.
Acting District Forecaster.
School Fair Prlre Orfered.
CORVALLIS, Or., June 2. (Special.)
The prtee list of the Benton County
School Fair to be held at the O. A. C.
Armory September 17-18-19. has been
announced. The cash prizes offered are
for ten classes of agricultural products.
Ave classes of woodwork, five classes of
domestic science, eigrht classes of sew
Inn;, two classes of flowers, and a nun
ber of miscellaneous classes.
Responsibility
Responsible banking
is the policy under which
this bank has been man
aged since the day of its
organization. That this
policy is appreciated is
indicated by the constant
and gratifying growth in
business.
It is the desire of the
officers of this bank to
continue adding new ac
counts of those individ
uals desiring the most
efficient service and re
sponsible banking.
lumbermens
National. Bank
Capital $1,000,000 5th and Stark Sts,
J. C. WILSON &CO.
STOCKS. BONDS, GRAIN" AND COTTON.
MEMBERS
NEW YORK STOCK EXCHANGE
CHICAGO BOARD OF TRADE
NEW YORK COTTON EXCUA.NUB
THE STOCK AND BOND EXCHANGE.
SAN FRANCISCO.
PORTLAND OFFICE:
Lewis Building, 269 Oak Street.
- Phones Marshall 3858. A 4187
TRAVELERS' GCTDE.
STEAMSHIP
Sails Direct for
SAN FRANCISCO.. LOS ANGELES
AND SAN DIEGO
TODAY
SAN FRANCISCO, PORTLAND
LOS ANGELES -STEAMSHIP CO.
FRANK BOLLAH, AtMt,
124 Third Street. A 45D6, Mala S.
New Coos Bay Line
Marshfield, North Bend and Empire
Steamship Paraiso
SAILS DIRECT
Today, June 3d, 7 P. M.
For passage and freight, make reser
vations immediately. Frank Bollam,
Pass. Agent. .Iain 26. 124 Third St.
A 4596. Freight office, Albers' dock,
No. 3. Main 5SC3, A 3318.
TO SAN FRANCISCO. ANGELES
AND SAN DIEGO.
ROANOKE
WEDNESDAY. JCNE S.
COOS BAV AMI IIKEKA
S. S. ALLIANCE
SATURDAY. JOB .
NORTH 1-AC LUC HI h. AM SHIP CO.
Ticket Offlcs. u frrcisjnt Office.
122A Sd St. I Columbia Doclc.
Mala 1314. A 131. I Main 4203. A 6423
8. S. BEAK, For
SAN FRANCISCO
LOS ANGELES
A. M., June 6.
The Saa Francisco ft Portland 8.S. Co..
fed and Washington sts. wlth O.-W. R. A
N. Co.) Tel. Marnball 45UO. A nisi.
Useful map ot Orsat Britain FREE. Alss
Illustrated book ot tours oa the
GREAT WESTERN RAILWAY OF ENGLAND
X. Katetcy. Own. Act- MA SUi Ave. N. X,
TRAVKI.F.KS' Hi lOK.
HAMBURG
SiCb
GOING
OR
COMING
TRAVEL BY THE
HAMBCRU-AMEKICAN LINE.
rARLS-LOXDON-H tMItyliil
June Sailings
KaiYn Aug. Vic. 9th, 11 A.M.
zl Pretoria ... 11th, 3 P.M.
VATERLAND... 16th, 11A.M.
Pres. Grant.... ISth, 1P.M.
zlPenn'Ivania. . 25th, 12 noon
IMPERAT0R...27tb, 12 noon
JULY SAILINGS.
rr. Lincoln JnlT 2. 11 A. M
Yaterland July 7. lu A. .M. 5
tvaiMorln AU(. llr.Jul.T 11. l V.M. t
lxBataTla July 18. 11 A. M. I
iiifx-nftior .fiMV IH. 1 noon
Ixl'rctorla Jnlv i.i, 5 r. M.
1 "-?. firant July So. 10 A. M.
S. 8. Multke June -2, 3 I'. M.
1 Fecond cabin only, x Hamburg
direct. x Call at .Boulogne.
MEDITERRANEAN
GIBRALTAR. SATLES, KNO.
S. 8. ilnmbnrf.,..Jun 30, 3 1. M.
t. S. Multke. .....July 15,3 . M.
S. m. Hamburg Aug-. 6, 3 I. M.
S. ts. Mollke....Auff. 21, a 1. M.
CRUISES to the
Land of the Midnight Sun
Scotland. Orkney and Faroe 11-
1 lands. tclBnil KnltTlirr.n N.'nrr.i
mi .ayti. Norway.
1'ROM IIAMBIRC
.4 Ourlnj; JUNE. JULY and AL'UL'S 1
S. S. "Victoria Luiae" and S. n.
"Meteor." li to 86 DAYS $U.3U
VP. Write for Information.
1
HAMBURG-AMERICAN UN
Harvey 4t .Palmer. North fa
clfic Genoral Agts.. &US Sec
ond ave. Phone Elliott
lo6 ana ,Vt29. isu-nuie, mxti ,
or ssan Francisco oi l ice,
Htockton St.. Sun i-'raucisc j.
saoutnera pacixie to feu
fcitxtn at.. O.-VV. H. &
N. CO No. Pacific. D. &
jru .burling ton
jtoute. .Milwaukee W
Puset Sound rt, it..
Uoriay ii.
Smith, 3d &
"Wash, sta
.Portland.
PIORTH
GERMAN
LLOYD
London Paris Bremen
Cforre Washington. .. .June 13
Kronprlnxessin Cecilie. ..luna 16
fKauter WUuelra der (rote
June S3
Frtnz IVIiI'h WllUeum, June SI
Ksiwr WHhrlm 11 June 30
(S Barbarostta July x
Sails at I A. M. Carries
II and (III) cabin. tCarrles no
(I) or II) cabin. Vla Plymouth
and HouloR n o-Sur-.M er.
Baltimore-Bremen direct.
Ons-cc-bln (1I Wednesdaya
THE MEDITERRANEAN
KM
Prinzfw 1 ren o . . ,
K.oenlj( Albert...
...Jane 17
. .July 4
The North flcnu. Lloyd
landed more ptiwoitprN,
lirst Cabin. Second Cabin
and Steer. to In tbe port of
New York durina; 1UIH tiinn
any other line, repeating ii
uiarreloua record of 112.
ThrouKh rate from EffypL India.
New York to 1'AK LAST and i
dOUttl America via Europe.
NORWAY POLAR CRCISES. L '
July , 15, XI. AU(, 11.
Independent Trlpi ArOUnd
Fint-ciau the World
throughout $620.65 & I
Travelem Check Gam
All Over the World.
OELHICHS CO.. Gen
5 Broadway New Yo
KOBKKT ( APKLLE.fl
A . -S ti Franr.lira or
local agenta. Vjr
Europe
HONOLULU
$110. 1ft class, roviid trip. 5U days from
San Franclco. The most attractive spoi
on en t Ira world tour. Splendid steamers
10.O00 eon dispL) of OfLANlC I. INK si
to Hawaii, every 2 weeks You can make
this trio in 16 days from San Francisco. kIv.
In; 5 days on the Islands. Sydney. 10 days
from tan Francisco. $HO0 round trip Is:
class, $2(K 2d class. Send t (older.
h dney b uort Un e, 7 S H arket Sat.. Sa o
innctoco.
American-Hawaiian S. S. Co.
Via STRAITS OK MAGELLAN.
STEAMSHIP lOWAN
Sails from New York for
Paclfle Coaat Porta Jane 5.
Sailings Every 13 Da;i Thereafter.
C. D. KEWEDV, A Kent.
2TO Stark Street.
SPECIAL RATES TO
SEATTLE
STEAMSHIP aalls Monday. Make reser
vations immediately.
SAX FRANCISCO. PORTLAND A LOS
AStiKLKS STEAMSHIP CO.
Frank Bollam. Aaent
Malm 29. 124 Third St. A-4rM.
Coos Bay Line
STEAMSHIP
"BREAKWATER"
Sails from A Ins worth dock. Portland. 8 A.
-""J -a, -o, aiune a, 4, 14. 1 i. zz, i J.
Freight and ticket office. Lnr Aintwnrth
dock, Portland & Coos Bay S. ti. lina,
. a. KiMtllAU, Asent, s
Phone LLala M. i2.
AMERICAN
uirone ' . I