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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (June 12, 1914)
tite morning- oREGoyiAy. Friday, jttne 12, 1914. 23 V MOPS 111 DElfID One Thousand-Bale Order at 15 Cents Filled. MARKET TENDING UPWARD Higher Prices Also Bid for Spots. Strength of Values Due to Un favorable Crop Prospect In Europe The Oregon hop market has become firmer this week than It has been for some time " -A number of good-sized orders for the new crop nave been received from both do inestia and foreign quarters. The Increased demand ts attributed to the unfavorable crop reports coming from various parts of Europe. The following cable was received from i.onaon yesterday: "Growers spraying In Kngland and on Continent. . Growers not alarmed. Lice increasing. Weather too coia." Lachmund A Harris yesterdav closed contract with William Bagley. or Hlllsbore. ror 40.UOO pounds of the new crop at 15 cents. On Wednesday a contract of the same size was seenred by them. In addition to these 80.000 pounds, the same firm lafe yesterday afternoon closed on 120,000 more at the same price. The names of the sell ers in these transactions were not learned. The strength of the market is indicated by the statement made by one of the most re liable growers at Independence that he re fused a bid of 15U cents during the day. The inquiry Is not confined to English ources, ior a dealer, with Eastern con nectlons, yesterday offered 15 cents on con tract for COO bales. The turn for the better in futures has also stimulated the spot market. A bid of .1814 cents was made In the forenoon at Salem for a block of 200 bales of 1013a, and 17- refusals were being taken in the coun try. While the market is gaining strength from a averse foreign prospects, it is fortunate for Orsgeon growers that ideal weather and growing conditions prevail in this state. Crop news received in the past two days from the vslley has been almost uniformly favorable. Weather' conditions in Califor nia have also improved. stills are buying wool heavily Eastern- Markets Are Decidedly Strong. - Comparison of Imports. The- Eastern wool markets are decidedly strong, but actual advances are small. Mills are fighting the upward tendency of ' the market, but are stocking up as fast as pos sible before higher values are established. In the past week's trading, Utahs made up the bulk of the transfers, but there were also good sales of Wyomlngs and Colorados. Original Utah wools sold at 19 to 23 cents. Colorados changed hands at 20 to 22 cents and Wyomlngs at 18 to 23 cents. A block of 300,000 pounds graded medium and fine medium Utah and Wyoming wool sold at 18 cents-for the tine medium and 24 cents for the three-eighths blood. Scoured values or, this lot were estimated at 55 cents for the fine medium, 65 te 86 cents for half-blood, 61 to 02 cents for three-eighths blood and 45 cents or quarter-blood. A lot of 50.000 pounds medium graded territory wool sold at 22 to 23 cents; estimated to cost SO cents cleaned. Wool imports during the first four months of free trade Increased 33,000.000 pounds over the imports in the same period a year ago. The Imports at Boston, New York and Phila delphia for the four months December, January; ' February and March aggregated OS, 000, 000 pounds, compared with 70,000,000 pound's for the same period last year.. . The following comparative table gives the wool Imports under the new and old tariff basis: ' New tariff, wool on free Hat, 1913-14 Boston N. York. Phils, . Total - Voullds. Pounds. Pounds. TniiTtr1 Te-... 6,43.313 a,SlU.tt 2,610,703 18,833,277 .Ian . .14.842.3B9 8.183.37H 3,488.922 24.514 097 Keb. .18.003..-,.-,9 7.3S1.430 3.503.240 29.880,238 aiar. .22,S7o,041 O.131.0U2 0.917.D24 34,924 757 Total Old tariff. 108,202,069 wool dutiable. 1912-13 Boston N. York. Phlla. . Pounds. Pounds. Pounds. t'K.. 3,710.131 fl.SfiO.It'ja 2,ofi4.213 - .Ian.. 8.4S.t.20 6,360,247 3.907.029 .Feb.. 4.wr7,21!l 4.812.182 4,022,799 Mar. . 10.79s. B35 6,397,502 3,576,1112 Total Pounds. 12,641.343 18.751,196 17.792.200 20,773.109 69,957,848 r Total SERVIAN PRUNE CROP BKST IN YEARS Ilried Product Marketed In Europe aa s . . California. The petite prune raised in Servla, when placed- on the European markets, is. fre quently branded Californlan, according to Consul. L. W-. Haskell, of Belgrade. The Consul writes: , "According to official information, the crop for 1914 promises to be exceptionally good, the best in several years. The actual producing area, according to the latest fig ures available for the year 1911 was 346, 000 acres, while . in 1908 the crop acreage was 326.000. There is no marked change from year to year in the area in plum or chards. "The exportations of plum products for the year 1911 were: Crushed prunes, 73,000, 000 pounds; plum Jelly, 11.400,000 pounds: fresh prunes. . 810.000 pounds; sllvovltx (bran dy). 26.000 quarts. All these figures show a falling off from the average for the five preceding years. "The principal markets for the plum prod ucts of Servla are in Germany and Austria. The mode of preparation of the plum prod ucts in Servla is quite primitive, and a large part of the exportations to Germany and Austria are reprepared in those countries before being put on the markets." WHEAT CONTRACTING HAS STOPPED Decline in European Markets Checks Oper ations Here. The sagging tendency of English and Eastern markets has put a stop to the little wheat contracting that has been go ing on in the country. The time is ap proaching, however, when buying will have to be resumed, and it is probable operations may start again next week. It is also prob able that what buying is done win be at a lower level. Barley contracting in the past few. days has been on the basis of $20 for feed and $21 for brewing. The volume of the trade was limited. Local receipts, in cars, were reported by the Merchants' Exchange as follows: Wheat Barley Flour Oats Hay Monday .. Tuesday . . Wednesday Thursday 20 8 IT 10 14 13 5 S 1 1 s 2732 2419 4 11 7 14 2791 2516 2 5 1 9 2T28 2353 14 13 Year ago. 8 1896 1663 Seas'n to date. 15663 Year ago 1707T GOOD HOLIDAY TRADE IX FRUITS All Front-Street Houses Will Be Closed This Front-street trade was good yesterday for fruit-stand account, but grocers bought sparingly because of the holiday today. Re ceipts were light, bat supplies Is most lines were ample. Cantaloupe and watermelons were in good demand at steady prices. Deciduous fruits also sold at unchanged quotations. A shipment of loganberries arrived from N'ewberg and offered at 90 cents a crate, but did not sell briskly. Cherries and strawberries were weak. Few oranges are being brought In now and stocks on hand are cleaning np we I. One car of bananas was received. Poultry Market Very Weak. Poultry continues the weak feature of the country produce markets. Receipts have bean unusually heavy and the demand not ever good. ' Hens sold generally at 14 cents yesterday and only the largest broil ers brought 25 cents, small ones going at zo cents. Oother kinds of poultry difficult to sell at any price. Receipts of dressed meats were small and so was the demand. Prices were steady. Eggs, batter and cheese were active and steady at unchanged prices. Bank Clearing! Bank clearings of the Northwestern cities yesterday were aa follows: Clearings. Balancea Portland ...... Seattle ., Tacoma Spokane ...2,004,639 . .. 2,131.652 350.155 712,639 221.911 271, oo3 26,010 79,525 PORTLAND MARKET QUOTATIONS. Grain, Floor, Feed, Etc WHEAT Track prices: Club, 85c; blue stem, 87c; forty-fold, 86c; red Russian, 84c; Valley. 85c MILLPEED Bran. $23.5024 per ton; shorts, $23.50 27; middlings. S3233. FLOUR Patents, $4.80 per barrel: straights, $4.20; exports. S3.90; valley, $4.50; graham, $4.80; whole wheat, (5. - HAY Choice timothy, $16 17; mixed timothy, $12 15; valley grain hay, $114? 18: alfalfa, $11012.50. BARLET Feed, $20 21.00 per ton; brew ing. $21.50 22; rolled, $23.60 24. OATS No. 1 white milling, $22022.25 per ton. CORN Whole, $38; cracked. $36 per ton. Tults and Vegetables. Local Jobbing quotations: TROPICAL FRUITS Oranges, navels. $203.25 per box; lemons, $56.6o per box pineapples, 6c per pound; bananas, 44o per pound; grapefruit, Florida, $5.50 6.60 per box. VEGETABLES Cucumbers. $1.25 per dox; eggplant, loo per pound; peppers, 20 a 25c per pound; radishes, 160 17 Ho per dozen; head lettuce, $1.75 per crate; artl- cnoKes, 6a75o per dozen: celery, $3.6004 per crate: tomatoes. $2.254.50 per crate spinach, 5c per pound; horseradish. 10 0 12c; rhubarb, 2Vi3 per pound; cab bage, lo per pound; asparagus, $101.23 per dozen; peas. 5 07o per pound; beans, 7 wiuc per pound; corn. 4ue$ouo per dozen. ONIONS Red. $2.7503 per sack. GREEN FRUITS Annies. $1.50 S 1.75 box strawberries. 85cttSl per crate: chernea dWivc per pound; apricots. $1.25 per box cantaloupes. $1.2502.25 per crate; peaches. x. per dox; plums, $1.33; watermelons. asoac per pouna. ru lArusb uregan, soc$l per hun dred: sweet potatoes. $4.5035 per hundred new California, 2c per pound. BACK VEGETABLES Turnips, new Cali fornia, $l.Zo; carrots, $1.50; beets, $1.50. Dairy and Country Produce. Local lobblns- quotations: EGOS Fresh Oregon ranch, caas count. zic; candled. 22 23c per dozen. POULTRY Hens, 14 41 14 ',4 c; broilers, 20 2oc; turkeys, live, 2021c; dressed, choice. 115 -a' 28c: ducks, 12ij)12Vic: geese. 10011c. ourrsK creamery prints, extra. 2714c per pound; cubes, 22H24c CHEESE Oregon twins and triplets, lob bers' buying price. 15o per nound f. o b. nocx fortjano. PORK Fancy. 100100 per pound. VEAL Fancy, 10lOlio per pound. Staple Groceries. Local lobbing quotations: SALMON Columbia River. one-pound tails, $2 per dozen; half-pound flats. $1.46; one-pound flats, $2.45: Alaska pink one-pound talis, 83c; silversldes, one-pound tails, $1.25. HONEY Choice, $3.50 0 3.75 per case. NUTS Walnuts. 14 0 20c ner pound: Brazil nuts. 20c; filberts. 1415c: almonds 190 28c; peanuts, 6064c; cocoanuts. $1 per uozen; cnestnuts. siuc per pound; pe cans. 14 016c BEANS Small white. V,e: large white. 4.85c; Lima, 8c; pink. 5.15c; Mexican, 6c; Dayou, 7c COFFEE Roasted, in drums. 10O52o tier SUGAR Fruit and berry. S4.95: best. $4.75: extra C, $4.45; powdered, in barrels. .:u. SALT Granulated, $15.50 per ton: half ground, 100s, $10.75 per ton; 60s, $11.50 per ton; dairy, $14 per ton. RICE No. 1 Japan. 4K05c: Southern head. 847c: Island. 56c. OKI ED FRUITS Apples. 10 011c ner pound; apricots. 18 020c; peaches, 8lrcr prunes, Italians. 8(v10bc; currants, 9c; raisins, loose Muscatel, 647c; bleached Thompson. 11 c: unbleached Sultana. 5"Ac; seeded, 9c: dates, Persian, T7Hc per pouna; lara, st.su per. box. FIGS Package. 8 ol 50 to box. $1.85: package, 10 oz., 12 to box, 80c; white, 25-1 b. box. $1.75; black. 25-Ib. box. $1.75; black. ao-lb. box. $2.50: black. 10-lb. box. $1.15 Calarab candy figs, 20-lb. box. $3; Smyrna, per box, $i.ao. - - Hops, -Wool, Hides, Etc. ' HOPS 1913 crop, prime and choice. 14 16c; 1914 contracts, 14 41. 15 Sic PELTS Dry, lie; dry short wool. 8e: dry shearings, 10c: green shearings, 15c; salted sheep, $1.2501.50; Spring lambs, 25 0 35c. hides saitea niaes, 134c per pound: salt kip. 14c; salted calf. 19c: green hides. 12c; dry hides, 24c; dry calf. 214c: salted Duns. 10c per pound; green bulls. 8Mc WOOL Valley, 20 23 lie; Eastern Ore gon. i60ZOe. MOHAIR 1914 clip, 2728o per pound. CASCARA BARK Old and new, 5c per lb. GRAIN BAGS In car lots. 8 Vc. FISH Salmon, 11012c per pound; halibut (4f SHc; buck shad, 2Mc; roe shad. 414c; silver percn, sc. Provisions. HAMS 10 to 12-pound, 18t4 1914c: 12 to 14-pound, 18141914c; 14 to 18-pound, 18tt 1914c; skinned. 18020c; picnic. 13c BACON Fancy. 27028c; standard, 21 H 024c DRY SALT CURED Short clear backs, 13Vi1614c; exports. 1416ci plates. 110 13c . " LARD Tierce basis. Pure, 12013c; compound, Bc. Oils. KEROSENE Water white, drums, bar rels or tank wagon, 10c; special, drums or barrels; 1314c; cases, 1714 02014c GASOLINE Bulk. 1514c; oases, 2214c; motor spirit, bulk, 1514c; cases, 2214c. En gine distillate, drums, 714c; cases, 1414c: naptha, drums. 1414c; cases, 2114c. LINSEED OIL Raw, barrels, 61c; boiled, barrels, 63c; raw, cases, 66c; boiled, cases, 68c. TtJRPENTINB In cases, 65c per gallon -tanks, 68c DAILY CITY STATISTICS Marriage Licenses. 6IROS-GARIFFOS Jim Siros, 86, city, and Zafriro Gariffos. 28. city. FIELD-BALDWIN Lome F. Field, 27, city, and Nellie Baldwin, 27, city. THAYER-PACKARD L. E. Thayer, legal, city, and Edith Price Packard, legal, city. GASKILL-CANNON J. W. Gasklll. leirnl city, and Florence F.Ueno Cannon, legal, city. DEWART-BALDY Herbert R. Dewart, 30. city, and Irene L. Baldy, 28, city. COHEN-SENDERS Charles A. Cohen, le gal, San Francisco, and Lola Senders, legal, city. BROWN-SCHARNACK Joseph Brown, 23, city, and Martha Schamack. 18. city. GUERIN-JONES J. Frank Guerin, 28, city, and Phoebe A. Jones, 24, city. BERT-FORNEY Basil Peter Bert, legal, city, and Abbey E. Forney, legal, city QUINN-BOLLER Charles W. Qulnn, 21, Independence, Or., and Mary J. Boiler. 21. city. LONG-MARTINEZ A. M. Long, 87, city and Delia Martines, 83, city. COPENHAGEN-CANUTO Otto Copen hagen, legal, city, and Lissette Cannto, legal, city. ST. HELEN -FULM BR C L. St. Helen. 2T city, and Edna F. Fulmer, 26. city. Births. RICHARDSON To Mr. and Mrs. J. O. Richardson, 1075 Sandy boulevard. May 26, a son. WARD To Mr. and Mrs. 8. B. Ward, 849 East Forty-second street North, May 26. a daughter. MORRIS To Mr. and Mrs. Richard H. Morris, 33 Church street, June 1, a son. NICOL To Mr. and Mrs. W. X. Nlcol. 864 Powell street. June 6, a son. HUERTH To Mr. and Mrs. Anthony Huerth, 204 Porter street, June 4, a daugh- WYMETALEK To Mr. and Mrs. John Wymetalek, 683 Thurman street, June 1, a son. FARR To Mr. and Mrs. Edward Thomas Parr, 289 East Eleventh street. May 28 a son. KAPPELER To Mr. and Mrs. August Kappeler, Fifty-seventh and Columbia boule vard, June 4, a son. fcprlng-fleld: Attendance Increases. SPRINGFIELD. Or., June 11 (Spe cial.) The average dally attendance of the Springfield High School for the year Just closed was nearly as great as the total enrollment for the entire year of 1912-13, according to figures compiled by ' Superintendent Kirk. There were enrolled S3 boys and 60 girls, an Increase of 23 over that of the previous year. The average dally attendance was 86, compared with 61 for the preceding year. Ethlyn Pow ers, Dell Hinson, Avery Oliver and Virgil Slgnor were neither absent nor tardy from the high school for the en tire year. TRADING HELD BACK Stock Speculation Awaits Freight-Rate Case Decision. EXPORTS OF GOLD CONTINUE Shipping ' Movement Reflected la Firmer Tone of Money Market. Speculation Dull and Color-les-s--Bonds Irregular. NEW YORK, June 11. Heaviness ap peared in spots In the stocK market today. Speculation was as dull and colorless as on recent days. Canadian Pacific was de pressed by the statement of gross earnings ior me nrst ween or J une, revealing a de crease ot nearly $duu,ouu. st. j'aul reu Be hind for a time, owing presumably to dis appointment over the slow absorption of the new nones. Engagements ot J2.30O.000 gold for Paris today brought up the total this week to -w.aav.wu, a nign recora in me outxiow ot goia from New YorK In a single week, The outward movement of gold since May now amounts to $36,200,000', and since January 1 to S52.200.000. Despite the size of the movement, ex change rates held at an abnormally high level. Demand sterling touched a new high mark for the movement at S4.6890 and cables mounted to 64.8945. The gold move ment was reflected in the firmer tone of the money market, 60 and 90-day loans moving up Vl cent. It was tne general opinion among international bankers that the shipment of gold to Europe would con tinue. Once more the freight rate decision was me foremost consideration In the stock market, and It was said generally that, barring the unforeseen, speculation would be neia aown to a low point until me inter state Comimerce Commission announced Its ruling. Weakness appeared again In Virginia oeDt certificates, which leu 4 points to 50. Rock Island issues also were heavy. The general bond market moved Uncertainly Total sales par value, $2,000,000. United btates bonds unchanged on call. CLOSING STOCK QUOTATIONS. Reported by J. C. Wilson A Co, Lewis buildlns. Portland. CI os ins Sales. lign. low. .Bid. Allis-Chal. Amal Copper . . 3,100 Am Beet Sugar. 1,100 Am Can Co 800 10W ' 71 2S 29 93 014 '64 101 7114 27 2S5 93 51 ' '63"4 101 71H 27 H 28i do preferred.. 100 Am Car & Fdy. 200 Am Cotton Oil Am Smel & Ref 900 51 41 63 do preferred.. 100 101 Am bugar 108 do preferred.. - ..... 313 Am Tel & Tel. 900 123 123 123 Am Tobacco . . . 100 200 100 700 200 500 1.700 1.000 100 23U 3174 123 894 100 91 91 195 V MM 230 . 31 123 99 100 91 91 194 . 62 230 31 Anaconda Atl Coast Line. 123 A T & Santa Fe 9 100 91 do preferred.. Belt & Ohio Brook R Trail.. Canadian Pac .. C & O C & G W C & N W C. M & St Paul. 91 194 61 14 130 100 36 30O 40 27 '127 400 11 16 .29 148 31 124 112 14 1,200 500 100 36 100 33 Central Leather Central of N J. Chlno 600 100 41 27 40 27 Col Fuel & Iron Col Southern . . Consol Gas .... D L & W D & R G Distilling Secur. 100 400 1.70O 800 400 700 200 300 1.2O0 2O0 100 1.500 Jl 17 29 148 31 124 114 15 64 107 27 . 136 .11 17 29 148 31 124 113 Erie General Elec . . Gt North Ore.. Gt North pf Illinois Central. Interboro Metro TO no preferred.. 64 ..64 Inter Harvester. 107 -"107 K C Southern . . 27 27 Lehigh Valley.. Louis & Nash.. Mexican Central 135 136 138 11 123 17 13 47 131 .125 6 92 25 105 111 M. S P A S S M 200 200 3.000 123 17 18 123 17 17 Mo, Kan & Tex Mo Pacific ..... National Lead.". Nat Biscuit do nref erred. . New Haven .... N Y Central . . . N Y, Ont A Wes Norfolk A West Northern Pac . Pacific Mall .... Pacific TAT.. 1,700 . 3O0. 66 9 65 2 2O0 1 100 . 105 111 105 111 23 ..... 25 iii, 111 121 120 do preferred.. Pennsylvania 111 121 23 94 25 147 156 People's Gas .. . Reading 400 17.000 104 1H5 Republic 6 & I. 300 23 23 Rock Island Co . 2 94 24 146 155 83 12 61 109 56 1 7: Southern Pac . . Southern Ry . . Texas Oil ....... 2.. 100 700 200 7.300 2.V 147 155 Union Pacific . . do preferred United Rds S F U S Steel 20.300 62 1094 06 61 76 61 109 56 1 14 76 do preferred.. 500- Utah Copper . .. 2.80O Wabash 300 Western TTnlon.. 600 westinc Elec .. 300 Wisconsin Cent. 39 Total salea for the day, 109,600 shares. BONDS. :. Reported 1-y OverbecV A Cooke Co.. T?ord oz xraae building. Portland. "Rid. Asked. 95 95 Atch Gen, 4s Atl Coast Line, 1st 4s. . . . . . . B & O Gold 4s :i--.-r-n-. . . B R T 4s Ches & O 414s ... 93 .. . 94 ... 91 , .. 93 ...102 . .. 33 97 ... 97 .. 73 ... 97 ... 95 . . . 55 , . . 82 ... 95 . . . 92 ... 97 ...10O ..95 ,i. 69 .. 92 ...90 -.104 ... 73 " 94, ...102 , . . 93 .. 52 . .. 93 . . 8S . . .. 96 98 91 94 103 -34 93 97 97 74 97 93 57 83 95 92 97 "95 70 92 00 105 73 66 94 103 94 53 96 SSH 97 98 102 102 110 111 C M A St P Gen 4s C R .1 Col 4s al Gas 5s C B Q Joint 4s Erie Gen 4s Int Met 4s Louisville & Nash Un 4s Missouri Pac 4s NYC Gen 3U,s N & W 1st Con 4s Northern Pac 4s Oregon Short Line Ref 4s... r-ac xel os Penna Con 4s Reading Gen 4s Ht 1. & san Fran Ref 4a So P Ref 4s P Col 4s So Ry 6s - So Ry 4s Un Ry Inv 4s Un Pac 1st and Ref 4s U S Steel 5s West Shore 4s - Wabash 4s v house Elec cv 5s Wisconsin Central 4s Lnlted states 2m registered. . ao coupon. . . 97 United States 3s registered 101 ao coupon lniu United States 4s registered 109 no coupon ...11U Stocks at Boston. BOSTON. June II. Closlnar nnntatlnnnr - Allouez 40!Nevada Con 14 Amalg Copper.. 71 Nlpissing Mines. A. z, L A sm IB North Butte 25 Arizona Com... 4 North Lake.'.... 1 Calumet & Ariz. 65 lOlrf nomlnlnn 17ll Cal A Hecla .410 (Osceola 76 veaicDniBi ..... in yuincy . . . , 57 Cop Range C C. 86 Shannon ... E Butte Cop M. 10 'Superior ... 5 26 Franklin 4ISun A Bos Mln 1 vjrranoy ton.... at ramaracK 33 34 4HU ureene cananea. 31 u S Sm RAM Royalle (Cop) 20 do preferred . Kerr Lake .4 7-16'Utah Con IOia Lake Copper 6lutah Copper Co. B6 La Salle Copper 4Wlnona 2 Miami Copper.. 22 Wolverine 40 u. Mohawk 44Butte A Sup 89 Money, Exchange, Ete. NEW YORK. June 11. Call money, firm er, 12 per cent; ruling rate, 2 per cent: closing bid. 12 per cent. ume loans, stronger: 6v days. ner cent; 96 days, 2 per cent; six months, 10 8 per cent. close: Mercantile paper. SG4 per cent. Sterling exchanee. Btranr. Rivtv Abotl 4.S640; demand, $4.8890 commercial bills, 14.86. Bar sliver. 56 c. Mexican dollars. 44c Government bonds, steady: railroad hands irregular. LONDON. Jnne 11 Bar silver steady. 26 d. Money, ifjz per cent. Short bills 2Ue211.1 three months, 2.9-16Q2. SAN FRANCISCO, June 1L Sliver bars. 66c Mexican dollars, nominal. Drafts Sight, 2c; telegraph, 4c. Sterling in London. 60 days. 4.86 : do. sight, X4.89. SAN FRANCISCO PRODUCE MARKET Prices Quoted at the Bay City en Fruits. Vegetables, Etc. BAN FRANCISCO. June 11. Frnlt Pine apples. 1. 5002. 23; apples. Newtown Pip pins, S1.25I&1.75. Mexican limes, 910; California lemons, s3.50550. vegetables Cucumbers. 76c: men qui. 25c Potatoes Oregon Burbanks, 85o$1.2S; sweets, t2.50OS.T5; new. 11oj river surouKi, ILUV1.I3. Eggs Fancy ranch. 24c: store. 23c' Onions Bermudas, 22.26; red, SIO Cheese Young Americas llc13o. 1414e; new. Butter Fancy creamery. 24o; seconds. -JSC. Receipts Flour, 8798 quarters; barley, 210 centals; potatoes. 801 sacks; hay, 487 tUUa, HEW YORK. June 11. Steadier European cables were followed by an opening advance of 2 to points In coffee today, but there was little demand and prices sagged off un der scattered selling. The close was 1 to 3 points net lower, sales. 26.0OO bags. June. 8.85c; July. 8.62c; August. 9.01o; September, Q 11.. rn.nKw O0l. 1 - 1 . - , " -. o.ixn., wuvwiuvr, D.oci dan uarv. 9.WC! Msrph. o m. - in.ii ai.. 6.46c: """" Knot nnlt PIa V. T flu., as. .-.. V- a ai24C Mild, dtill ' PAPflnv 14UA1A,,' UVUlUlsM. Metal Markets. NEW TORE. June 1L Leal anlet. t.8Bi 8.95: London. 19 10s. Snelter auiet- 6.050 5.15: London 421 7s uu. Copper steady. 6pot and August, 13.459 eieciroiync, 10. 1 fi up 14.UO; lake, nom inal; casting, 18.75 13.87. Tin firm. Snot. 31 0 31.25: A nnt Ml a 81.60. Antimony dull. Cookson's, 7.2607.87. Iron Quiet, unchanged. CATTLE HOLD STEADY TEW CARS ARB RECEIVED FROM CALIFORNIA. Beat Steers Offered Bring; $7.60 at North Portland Mattosi Material Sells Well. ' Cattle comprised the larger part of the supply at the stockyards yesterday. 18 cars being unloaded, of which 10 were from Northern California. Prices were fairly steady throughout the list. The total run was moderate and all the offerings were disposed of by noon. Of the California steers on sale, nine loads were taken at $7.60 and one at $7.25. A load of choice cows brought 86.75. Only a few bunches ot hogs were dis posed of and the best price realised was 87.85, a nickel short of the previous day's top quotation. Mutton material of all kinds sold within the previous range of quotations. Lambs moved at 85 to J 6. ewes at 83 to 84.30, and yearlings at 84.85 and 86. A mixed lot was sold at 84.76. Receipts were 420 cattle. 2 calves. 67 hogs and 406 sheep.. Shippers were: With cattlo A. F. Hunt. Willows. Cal.. 10 cars; H. Col ton. Gold Hill, 1 car; Portland Feeder Company, Troutdale, 6 cars; R. R. Stafford, The Dalles. 1 car. with sheep J. s. Flint, Junction City, ears. With mixed loads C. Kopplln, Plalnvlew, car cattle, calves and sheen: J. C. Davis. Shedd, 1 car hogs and sheep. The day's sales were as follows: Wt. Price Wt. Price. . 150 $4.10 . 123 4.10 61m. sheep.. 145 14.70 1 buck 15 ewes 62 lambs 63 ewes 25 steers 21 steers 20 steers 161 lambs. . 62 6.00 121 lambs. . 67 6.00 07 0.75 4.80 7.25 7.60 2 bucks .. 170 3.50 ..111 ..1233 . .1116 ..1101 6 yearlings 107 4. S3 4 ewes. . . 115 4.251 19 hogs 272 220 179 7. 85 7.60 1 boir. . . . 7.65 23 steers ..1128 7.(10 ..1010 7.60 ..1205 7.00 ..1093 7.60 16 hogs. . . .fc.il 20 steers Z bOKS. . . 465 6.8o 20 steers 19 hogs. . . 200 7.85 10 steers 3 lambs. . 3 lambs . 47 E.OOj 23 steers 6.00; 26 steers .1112 7.60 76 ..1128 .1124 ..1627 , . 6X4 7.(i0 10 ewes. . 12S 21 steers 3 steers 9 cows 7.B0 6.75 6.73 8 ewes. . . 1 wether. 135 4.00 150 4.00 44 yearlings 87 0.00 18 cows 938 6.75 Current prices of the various ,luu,, a stock, at the yards follows Prime steers 17.75 i JS.00 cnolce steers .................. t.25w 7. ot Medium steers ..... u T tc . 101 Choice cows .................... 6-60Q 7os Medium cows .... AAnta soa Hellers .................. A Mlfrd 7 -2.1 Calves 7.000 9.00 Bulls 4.000 .2 6 tags 6.60 & 7.0 Hon Light 7.50 7.90 Heavy 6.5UW 6.U0 fcneep Wethers 4.20S 4.75 Ewes 8.25 0 4.35 Yearnna' lambs 4 so n s ou Spring lambs 5.50 0 6.06 OVmaha livestock Market. SOUTH OMAHA. June 11. Ron Re- celpts. S0OO: market. &r faisher. Heavv. $7.95 4X 8.OO; mixed. $7.95 H 7.97 M ; lights. l.ui.o; bulk or sales. 7.5 'a 8.00. Cattle Receipts, 2000; market, steady to 10c higher. Native steers, $7.359.0O; cows and heifers, $0.250 8.25: Texas steers, $64j tit: stockers ami feeders. 16.25fi.8- calves. $S11. Sheen Recelnts. 2000: market. lOe lower Wethers. 65.5J& 6.1U; ewes, 13.40j 6.BO; lambs. S.20t'8.75. Chicago livestock Market. CHICAGO. June 11. Hnir r,r!nl, IK . 000; market, strong to Gc above yesterday's verage. Bulk ot sales. SH& S.O&: livbt 17 S5 tl 8.12 'A: mixed. 67.801318.15: heavv X7 70m S.10; rough, 17.70W7.S5: pigs. $6.9007.65. Cattle ReoelDta. 354IO! mnrV,t em. Beeves. $7.25 & 9.30; steers, $6.S08.10; stockers and feeders, $6.30v8.25: cows and eiiers. 14.IUPB.IU calves. S7.25&H 1O.50. Sheen Recelnts. 14.00U- nmrkot Sheep. S5.50&6.45: vearllnera MV MS fll 7 so lambs, lU.B0toS.7O: Springs. 7.25lii 9.75. Naval Stores. SAVANNAH. C3a. June 11 Tiirn.nln, Firm; 45 45 tic; sales. 699 barrels: re ceipts, 1412 barrels: shipments, 3009 bar. reis; stocks, ls,42o barrels. Rosin Firm: sales 2298: r,r,tnt, ...,.111. inn. i I n. B LUCKS. lll.l Willi I 1 1 f I , A3. S3.75lS3.S0: CD. 14: v. IKrl nj. ir $4.13t4.15; G. 4.15: H. 14.1544. 20: I. $4.15i4.2u; K. $4.40 4.55; M. $4.60: M. i.ao; W'j, 15.85; WW, $6. European Grain Markets. LONDON, June 11. Cargoes on Passage quiet; littl. bidding. Jb.ngiisn country markets. Arm: French country maraets, nrm. LIVEKPOOL. June 11. Whm xr i aianuoDa, tB tftoa; AO. z, 7s 64d: July, s ,sd; October, 7s fed; December, 7s 5d. tL.lCl, HUM. Cotton Market. NEW TORK. Jnna 11 nl ' J ........ uiri. Iuluth Unseed Market. DTJI.TJTH. June 11. LtnMl SI mu July, $1.62; September, $1.63. Dried ult at New York. NEW TORK. June 11. Ev pies Arm. Prunes firm. Hops at New York. NEW- YORK. June 11. Hops steady. Halsey Principal Re-elected. HALSET. Or.. June 11 (Snecial.l j.-n teacners in me Halsey school, -with one exception, will be the same for the year 1914-1915 as for the year Just closed. Fred Schepman has been re elected principal, while, the three grade teachers. Alma Hantell. Bertha Gol den and Ella Evans, were retained In their respective positions. Laurel In- man has been elected to the position of high school teacher, while Gertrude neeves, wao held the position. last year, has accepted a position In the Lebanon hiiBrh school. The Canadian Bank of Commerce . HEAD OFFICE Toronto, Canada. Established 1867. A general banking business transacted. Interest paid on time deposits. Letters of Credit and Travelers Checks Issued. PORTLAND BRANCH. Corner Second and- Stark Sts. F. -0. MALPAS, Manager. THE UNITED STATES NATIONAL BANK PORTLAND, OREGON UllTTED STATES DEPOSITORY Capital , ... $1,000,000 Surplus . ... $1,000,000 R, Ui B ARJT EJs,' VIcw-rnsMnt. A. It. WBIOBT, IK ICR, Casalev, LA.DE & TILTON BANK - LstablUhed- 15 Capital and Surplus Commercial and WHEAT DROPS-CENT Prices Break at Chicago Under Aggressive Selling. ALL REPORTS ARE BEARISH Harvest of Winter Crop Is Making ; Rapid Irogress and Field Con ditions In Spring - Grain Belt Are- Flatterlna;. CHICACO, June II. Argresslve selling today on flattering news ot the harvest broke the price of wheat. The market closed heavy. 4pT0 to lc under last night. Corn finished 53iO to lo down, oats off lie to Hc and provisions unchanged to 17HC higher. Besides the rapid progress In the harvest of immense Winter crops, there were flat terlng reports as to field conditions In the Spring wheat region. Moreover. signs pointed to world shipments being--large. The opening, which was a shade to H lower, was followed by' a material further setback. The weakness afterward increased, owing to the continued favorable weather Southwest. Corn started easier with wheat, but soon rallied Drouth reports were largely re sponsible for the upturn. Prices opened Ho to 4c off. The subsequent hardening was most noticed in the nearby options. Subsequently a decline at Buenos Ayres caused the market to fail. Rain 1": Mis souri and Illinois was- an ' .advantage to the bears. Oats were governed mainly by corn. Trading proved to be of a scattered sort, except for a rush of selling at the outset. Higher Quotations at the yards gave pro visions a lift. Business, however, was only moderate. ... , The leading futures ranged aa follows: WHEAT. Open. High. . .S5H $ .85Vi . .83 .83s CORN. . .7H4 .71 . .681. .69 OATS. . .40tt .400 . .38 - .38 Low. .82- Close. $ -4 -82 36 July Sept ! July Sept -70 .6814 .685 July Sept .89 .88 .46 .38 MESS PORK. . ... 21.06 20.97 W 10.97 H .20.20 20.30 20.124 20.13 Vk July Sept XiARD. 10. 20 . 10.37 H July Sept ..10.15 ..10.30 10.16 10.27 H 10.12H lO." 7 SHORT RIBS. July 11.45 11.85 11.42 V4 11.43 Sept 11.474 11.S7H 11.471s 11.47 ft Cash prices were: Wheat. No. 2 red. 81H2o; No. 2 hard. 61H92Hc: No. 2 Northern, 8687c; No. X Spring. MSIl)6Hc Corn. No. 2. 7214. 73c; No. 2 yellow, 72 7314c; Now 3 yellow, 72H78Kc. Rye, No. 2,' 650 66c Barley, 65 64c Timothy, $4.25S.00. Clover, $10 13. San Francisco Grain Market. SAN FRANCISCO. June 11. Spot quota tions: Walla Walla. $1.55; red ' Russian, $1.55; Turkey red. $1.57 r 1.60 : .bloestem. $1.67 44 1.60; feed barley, U2fetl95o; braw. Ing barlev. nominal; white oats. $1 . 25 if TRAVELERS' G17TDX. NEW SERVICE COOS BAY and EUREKA The S. S. GEO. W. ELDER completely refurnished prac tically a new Steamship will leave North Pacific S. S. Co. "Wharf every Sunday at 9 A. M. City Ticket Office, 122-A Third Street PORTLAND, OREGON Phones: Main 1314, A 1314 North Pacific Steamship Co. tO SAH FRANCISCO, LOS AKGKLKS AND KAN DIEGO. S. S. ROANOKE WEDNESDAY, JUNE 17. COOS BAD A-L EUKEKA S. S. GEO. W. ELDER SAILS SUNDAY MORNING AT .' NORTH fACLcTC BTfeAMBiUP CO. Ticket Offlca, a Freight Offlea, 1UA 3d St. I Columbia Docs. Mala 1214. A 1114. I Main UtOd. a 64 -!i STEAMSHIP Balls Direct For SAX FRANCISCO. I.OS ANGELES AND SANT DIEGO SATURDAY JUNE IS, 8:80 F. M. SAN FRANCISCO. PORTLAND A LOS ANGELES STEAMSHIP CO. FRANK BOLLAM. Ar.nl 134 Third strert. A 43941. Main . DRAIX TO COOS BAT, Autos run daily. Delightful trln via Allegany or the Ocean-beach route. w ire reservations to O. SIATYOOX, Orals. OFFICERS W. A. HOLT, S2.000.000 Savings Deposits 126": bran. $24.25 24. CO; middlings. $30O oi. eaoru, f u .1 u. .u. Call board: Wheat weak. Barley. Decern ber. S1.02H: May. $1.07 bid, $1.09 asked July, new, 86c Pnget Sound Wheat Market. SEATTLE, June 11. Wheat Bluestem, 88o; fortyfold. S6fec: club, 8514c; Tlfe, 65 Ho; red Russian. 869. Yesterdays car receipts, wheat 8, eats 4. UUUf O, MJ O. TACOMA. June 11. Wheat Bluestem 8So loriytoia. ooc; ciud. SGc; Fife. 55c Car receipts Wheat 13, oata 1, hay t. Minneapolis Grain Markets. MINNEAPOLIS. June 11. Wheat. Jn'.y Cash. No. 1 hard. 84tte94c: Nrv Northern, 8114 81 Vc; No, 2 Northern, 8814 Barley. 44967c Flax, $1.68 14 e 1-61 H. Chicago Dairy rredisee. CHICAGO, June 11. Batter Unchanged. Eggs Lower. Receipts, 14.000; at mark. cases inciuaea. lttraisc; ordinary firsts. 17 is 17 1'... tTitmau. .. . .... . , if ioiw, Cheese Unchanged. Systematic Saving Is the only kind that pays. Spasmodic thrift gets nowhere. The wisest plan is to open a Savings Ac count and make it a matter of duty to de posit regularly just as you meet your other obligations. Security Savings and Trust Company Fifth and Morrison Sts. Capital and Surplus $1,400,000 J.C.WIUSON&CO. STOCKS, BONDS, GRAXN AND COTTON. KEW TORK STOCK EXCHANG1B CHICAGO BOARD O" TRADB SKW YORK COTTON KXCHANGE THE STOCK AND BOND KXCBANQK, PORTLAND OFFICE: Lewis Building, 269 Oak Street. Phones Marshall 3858. A 4187 TO Coos Bay Line STEAMSHIP "BREAKWATER" Bails from Alnswortn dock. Portland. 8 A. M May 18, 23, June 2. 7. 12, 17. 22. 27! Frelsht and ticket office. Lowar Alnswortk dock. Portland A Coos Bay S. cL Llns, H. L. KEATING, Asent. Pnons Main 3600. A 2332. American-Hawaiian S. S. Co. FREIGHT 8ERTICF, Via Straits ot Macellaa. ballings from New York About Jane 15, . mad every 13 days thereafter, for Pacific Coast Porta. C D. KEXNKOV, Atcst. TO Stark Street. ROSE TIME JUNE TIME SHIPPING TIME Reduced rates to and from all polnta on Household Goods, Autos, Etc PACIFIC COAST FORWARDIXG CO. 201 Wilcox Bid. I'kone Maxaaall 2447 TRATRI.KRS- OCTOE. HAMBURG largest SSXo in the WORLD GOING OB COMING TRAVEL BY THB HAMBURO-AaCRKICAir LINR. PAMSJiMfnnvjmnnTBii II June Sailings Pres. Grant. ... 18th, 1 P.M. zlPennlrania. . 25th, 12 noon IMPERATOR... 27th, 12 nooa July Sailings Prrs. Lincoln. . . . Jnly t, n A. M. Valrrlantl July 7, 10 A. M. Kaiserin A UK. Vlc.July 11, 1 P. M. lxUatavia July 1. 11 A. at. ImpratM- July 18, 12 noon lPreioria. ...... Joly x, a P. M. Pres. Grant July 30. 10 A. L 1 Second cabin only, x Hamburg direct, s Call at Boulogne. MEDITERRANEAN GIBRALTAR, NAPLES. GENOA. 8. 8. Hamhurg... .June SO, 3 V. M 8. 8. Moltko. . ... .July 15,3 I'.M. S. 8. Hamtiurs;. . . -. Aug. 6, 3 P. M b. t. Moitke. ...Auk. 27. 3 P. M. CRUISES to the Land of the Midnight Sun Scotland, Orkney and Faroe Is lands, Iceland, Spitsbergen. .Norm capo. Norway. FROM HAMBCBG During JUNK. JCLT and AUGUST "Victoria Luise" and -Meteor." 14 to SS DAYS SG2.50 VP Write for Information. KAMBUR&AiMEFJCAN LLNS Harvey A Palmer. North Pa. clflc GenerjU Agrts., SuS tec- ond ave. Phono Elliott U70 ana o029, Seattle, Was a.. or tan k rancl&co office. Xuv btox-kton st., San FraccUi o, boutaera facifio Co- ht Elxtb St., O.-W. R. 2. Co., No. Pacific. D. R. Rurllngton itouia, smwaulcea A Pugot Sound R. R, GL Norto. Hy D o r s e y B. Smith. 3d A NORTH GERMAN London Paris Bremen tRalser WUhclm dr Orbssa . . J une W Prins "Friel'h wllbelm, June 17 Kaixer WilUrliu Ii.....Juna SO SBarbaross July X Krosprins Wllbelm July 7 lllrrinen July Sails at 1 A. M. to Carries (II) and (IH) cabin. fCarries no (I) or (II) cabin. IVIa Plymouta and Boulocns-Sur-Msr. Baltlmorc-Hremra direct. One-cabin (II) Wcdnesdaya THE MEDITERRANEAN Koenlr Albrt. ...... . . .July 4 lTinxc Irene Auu;. 1 The North German Lloyd landed more pansenKers, llrst Cabin, Second Cabin and Steerage In tbe port of New York during 1913 than any other line, repeatlnK its marvelous record of 1W1S. Through rates from g7pt, India, New York to FAR feAsr and South America via Kurop. NORWAT POLAR CRUISES. July . 18, Si. Aug. IL Independent Trips Around First-ciaa the World throughout $60.65 & Up TraTelers Checks Oood All Over the World. OELRICH3 A CO.. Gen. Agts. o rtroaaway. rew YorK. sunr.n i t .iri.ujl.u.i'.C. XjThel A., ban rancisco. or Xv- ,l" IacjiI ,nii X 0 u - . . p wrope f Steamer Service STKAMKR HASSAl.O Leaves Portland, Ash-street Dock, dally, except Saturday, at 8:00 P. M. Arrives Astoria 6-.00 A. M. Leaves Astoria daily, except Sunday, at 8:00 A. M. Arrives Portland, 6:00 P. M. Make reservations Ash-street Dock or City Ticket Office, Third and Washington. Phones Marshall 4500. A 6121. SYDNEY 1 9 II cr -TBI A 1 I A WEATHER F1KE AMOA AND SHORTEST LINE ni ITU crQ QUICKEST TIME Bplendid steamers. LloydBlOOAt OO.ItoasdispL)ol tun mm m 11 (W.0 SYSrJEYS323 . . , ... ss .n,-rrTiir T0 T "V KV1 Eound trip, second daas. SY0NEY S200. Vsrious tours i- -odinr Java, China, Jsptn and HOUM th World, Beou 'or folder. OCEANIC S. 1 CJu 73 MtrkttSt, fAM FRANCiSCw aTR-SETV 8. 8. KOSB CITY FOR SAjN FKANCIaCO LOS ANGELES 9 A. M., June 16. The Ban Franilco A Portland 8. S. Co. Sd and Washington Sts (with O.-W. R. A N. Co.) xel. Hsnusu oo. A tolil. Useful map of Great Britain FREB. Alse Illustrated book of tours on the GREAT WESTERN RAILWAY OF ENGLAND I f. y v x.i,iu GOING U X. Katelay. Uaa, Act, Ml Sta Ave, X. S. - 4 V