17
TITE MORNING OREGONIAN. WEDNESDAY, JULY 8, 1914.
DEPENDS Oil LONDON
American Wool Market Will
Follow Foreign Lead.
AUCTION SALES STARTING
Domestic Clip No-vt in Second Hands
and Hig-lrer Prices Abroad
Needed to Make It Show
Profit to Dealers.
Th attention of the American wool trade
la now centered on London, where the third
aeries of auction aalea haa atartsd. The
course of prices In this country will be
governed largely by what happena In the
Snellen market. The American clip ia prac
tically all out of the bands of growers and
In the possession of dealers. The larger
part of this wool waa bought at a high
price, and naturally the merchanta are
anxious to see the London market advance.
At the English sales 146.000 bale will be
offered, of which 107,000 bales will be New
Zealand wool. PredlcUona as to prices tnai
have been mad were generally to the ef
fect that fine wool will be par to 5 per
cent dearer, while low cross-breds will prob
ably remain without change. Medium to
fine cross-breds are also expected to ad
vance slightly. With offerings of only
about 35,000 bales of merino, the outlook
for cheap fine wools Is not especially favor
able. What American demand will show Is
problematical. It is thought the demand
will be less pronounced than at the last
ale.
The Northwest, like the rest of the United
States, Is nearly sold out of wool. Not
over 100,000 pound are left in Eastern
Oregon, and dealers say that not to exceed
250.000 pounds are left In all of Eastern
Oregon, Washington and Idaho. They
make this as a rough estimate to cover
what remains, but none of them can locate
ruch a quantity. In fact everything avail
able has been bought up. and most of the
w i tn their homes. In
Southern Oregon everything has passed out
of growers' hands while In the valley less
than 100,000 pounds are unsoio.
Wool la selling quite freely at Boston, and
the early bought woola are showing a good
profit. As for the clips Dougni ir,
ever, the markefwlll have to show an ad
vanca before these investments are profit'
i. i. ... Tendon that the trade li
Oregon aa well as In the East la looking
for the needed stimulation.
Sales of territory wool at Boston in the
. 1. t,.v. included a fair quantity of
Montana to arrive, more particularly for
clips running largely to line aiajno
v.ii.uj n. mod three-eighths. These
wools, says the Commercial Bulletin, hava
aold somewhere In the range oi o to .
cents and in some Instances rather better
than that price. Considerable original Utah
has been sold in th range oi ityi io
cents for ordinary and i3 centa for choice
wooL The scoured values of tnese woois i
figured at 55 to 6 cents according to th
i . in, nt medium Wyoming sold a
21 cents. A small lot of good half-blood
aold at J3 centa or a clean cost of ST to 68
cents. Two aales, one original territory and
th other of graded Soda Springs, each
totalling SOO.000 pounds, are reported. The
terms of the former aaiea were not un
closed, but the Soda Springs were made in
the range of 32 to Z3H cents for half,
three-eighths and half-blood. All told In
th neighborhood of 3,000.000 to 4,000.000
pounds of territory wool were sold during
the week.
Other sales have Included fine and fine
medium Idaho original wools at 31 to 23
cents, or about SO cents clean; Colorados at
.21 to 23 cents or about 54 to 65 cents clean
basis. Some original Montana la reported
to have brought up to 24 cents In the grease.
THRESHING RETURNS ARE FAVORABLE
Morrow and Gilliam Crops Larger Than
Expected.
Reports from threshing in Morrow and
Gilliam counties were received yesterday
and ahow the crop is turning out better than
-expected. In some cases, the yields were
double what waa anticipated and the qual
ity Is fine.
The market continues quiet and prices as
quoted by local dealers are unchanged.
September club is quoted at 77 cents and
July-August delivery at 78 cents. Early
bluestem is quoted at S2 cents. The Eastern
states appear to have filled the European
demand, and there is not much Inquiry for
Coast wheat.
. Discussing the world's wheat market,
Broomhall says:
- "It is admitted here that the sanguine
reporta regarding the American prospects
are not without foundation, but It is doubt
ed If the total yield will come anywhere
near the 900-million mark that the trade
has been led to believe. Should this esti
- mate be realized, the present price dis
counts it to a great extent.
It will not be long before the inter
national markets will be under the Influ
ence of other crops, for it must be borne
In mind that the American Winter crop
represents only about 15 per cent of the
world's total yield, and these will affect
values in the near future, and these crops
promise much less favorable outturns, with
Europe well below official figures of last
year -
Local receipts. In can, were reported
by the Merchants' Exchange as follows:
Wheat Barley Flour Oats Hay
Monday 49 16 19 18 11
Tuesday 12 6 5 2 6
rear ao 3 1 1 . .' 4
SPLENDID PROGRESS MADE BY CROPS
High Temperatures Favorable to Hops, Pots
toea. Corn and Hay. .
The following summary of the weather
and Its results for the week ending July
C 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:
The week was dry, except one day, which
was showery In the Rogue River Valley and
In the counties bordering on the Blue Moun
tains. Day temperatures were unusually
high, but tha nights were cool. All crops
made splendid progress, although in a few
localities they wilted some during the hot
teat part of the day, only to quickly re
cover at night. The high day temperatures
were especially favorable to hops, potatoes,
corn and hay. The Fall wheat harvest is
well under way and the crop promises to
be very good, both as to quantity and
quality.
In Baker County hay la reported to be
light in some places. Peaches from Jackson
County are being marketed. The crop is
below the average In quantity ' and the
peachea are not ao large aa usual. Grass
hoppers and rabbits have done much dam
age to young orchards and new alfalfa
fields in portions of Umatilla County.
LOCAL HOP MARKET IS INACTIVE.
ricking In California Will Be Two Weeks
Later Than Usual.
Th hop market continues Inactive, with
tittle effort being made on either side to
transact business. Word was received from
California yesterday that picking in the
early district would be two weeks later
than usual.
According to the report of the Internal
Revenue Department, beer aales for May,
1914, were 6,933.278 barrels, against 6,037,
161 barrels In May, 1913.
Advice from New York noted the death
at Watervlll of J. D. Bralnard, of the firm
f Chart- Green, Son, Bralnard Co.
Mr. Bralnard was one of tha oldest hop
dealers tn the United States.
STRONG DEMAND FOB WATERMELONS
Supply Ia Not Equal to Local Needs.
Banana Train In Today.
Watermelons and cantaloupes were in
strong demand and firm yesterday. The
former were scarce. A car la due today
and another Thursday.
Local peaches were plentiful and sold a1
a range of 30 to 80 cents. Oregon peach
pluma were on the market and brough
85 centa to 31 a box. Oregon apricots
were also received' and quoted at 31.35
1.40. Berries were In light supply and
steady. Few cherries were on band. The
banana train is due today.
Country Froairee steady.
Country produce prices were generally
steady and unchanged. Poultry cleaned up
fairly well, but dressed mests were hard
to sell.
Eggs were quoted firm at the former
price. Butter and cheese were unchanged.
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as follows:
Clearinsrs. Balances.
Portland Jl,811.2r6 00,645
Seattle 2,166,423 zm.aai
Tacoma 412.766 44.284
Spokane 658,034 133,212
PORTLAND MARKET QUOTATIONS,
Grain, Flour, Feed, Etc.
WHEAT Track prices: New club, 77
78c; new forty-fold, 78B7c; new Diuestem,
82c: new red Russian. 76c; old ciud, nora
lnal.
MILLFEED Bran, (23 per ton; shorts.
336; middlings, 330.
OATS No. 1 white milling, 322 22.25 per
ton. . -
FLOUR Patents, $4.80 per barrel
straights, 34.20; exports, 33.30; valley, 34.50
graham, 34.80; whole wheat, 3a.
BARLEY Feed, J20fT21 per ton; brew
ing, 32l.so2Z; rolled. (23.50.
HAT Choice timothy, J1617; mixed,
timothy, 1216; valley grain hay, 310(712
alfalfa. (11.
CORN Whole, (35; cracked, (38 per ton.
Fruit and Vegetables.
Local Jobbing quotations: ,
TROPICAL FRUITS Oranges, navels,
S1.753.25 per box; lemons, $56.60 per
box; bananas, 3 4c per pound; grapefruit,
California, 81.50 per dozen.
VEGETABLES Cucumbers, 5090o per
dozen; eggplant, 15c per pound; peppers, 20c
per pound; radishes, 15 $P 17 He per dozen;
head lettuce, 31. 7o per crate; artichokes,
85c per dozen; celery, 31.50 per dozen;
tomatoes. 7oc per crate; splnacb, uQl
7c per pound; rhubarb, 2H3c per pound
cabbage. 1 per pound; asparagus, 81
1.50 dozen; peas, 46c per pound; beans,
67c per pound; corn, 3035c per dozen.
ONIONS Red, 33.25; yellow, 33.25 -per
sack; Walla Walla. 33.35.
GREEN FRUITS Apples, old, 31.50 2
box; new, 31&-1.25 per box; cherries. 46c
per pound; apricots, 31.85rol.40- per box
cantaloupes, $22.50 per crate; peaches.
30690c per box; plums, 75c31.25 water
melons, 12c per pound; loganberries.
80c per crate; raspberries, 80c; black caps,
31 1.25; casabas, 32.25 per dozen; pears.
32.50 per box.
POTATOES Oregon, new, 1?41Ho per
pound.
SACK VEGETABLES Turnips, new Call
fornla, 31.25; carrots, 31.50; beets, 31.60.
Dairy and Country Produce.
Local Jobbing quotations:
EGGS Fresh Oregon ranch, case count.
24c; candied, 25S26c Per dozen.
POULTRY Hens. 14 He; Springs, 1819c;
turkeys, live, 20c; dressed, choice, 25c
ducks, 12(g'13c; geese, 10c.
BUTTER Creamery prints, extra, 27Vo
per pound; cubes, 2223c.
CHEESE Oregon triplets. Jobbers' buying
price, 16c per pound f. o. b. dock Port
land; Young America, 17c per pound,
PORK Fancy, 1010Hc per pound. . '
VEAL Fancy, 10 He per pound.
Staple Groceries.
Local Jobbing quotations:
SALMON Columbia River one-pound
talis, 33.25 per dozen: half-pound flats.
31.40: one-pound flats, 82.45; Alaska pink,
one-pound tails, 85c; sllvers'ides, one-pound
tails, 31.25.
HONEY Choice, 33.503.75 per case.
NUTS Walnuts, H ft 20c per pound:
Brazil nuts, 20c; filberts, 14 15c; almonds,
194?-28c; peanuts, 6$6c: cocoanuts, 31 per
dozen: chestnuts, 8H10c per pound; pe
cans, 14 15c.
BEANS Small white, 3V4c; large white,
5c: Lima, 8c; pink, 5.15c; Mexican, 7c;
bayou, sc.
COFFEE Roasted, In drums, 10 52c per
pound.
SUGAR Frulf and berry, 35.05; beet,
34.85; -extra C, (4.55; powdered. In barrels.
S5.30.
SALT Granulated, 315.50 per ton; half
ground, 1008, 310.75 per ton; 50s, 311.50 per
ton, dairy, sit per ton.
RICE No. 1 Japan, 4H5c; Southern
head, K7Hc; Island, 55Hc.
DRIED FRUITS Apples, 10 llc per
pound; apricots, IQHTI'.oc; peaches, 8llc;
prunes, Italians, 1012Hc; currants, 9Hc;
raisins, loose Muscatel, 6447Hc; bleached
Thompson, 11 c; unbleached Sultanas, 8c;
seeded. 9c; dates, Persian, 77Hc per pound
fard, 81.40 per box.
FIGS Packages. 8-oz.. 50 to box. 31.85
package; LO-oz., 12 to Box. 80c; white, 25-lb.
box. 31.75; black, 26-lb.-box, 31.75; black.
30-10. box, 3'J.au; djsck, jo-id. dox, 31.15;
Calarab candy figs, 20-lb. box, 33; Smyrna,
per oox, 31.50.
Hops, Wool, Hides, Etc.
HOPS 1313 crop, prime and choice, 14
16Hc: 1914 contracts, 16c
PELTS Dry, 11c: dry short wool, 8c; dry
shearings, 10c; green shearings, 15c; salted
sheep, 31.25S1.60; Spring lambs, 36 36c.
HIDES Salted hides. 13 He per pound;
salt kip, 14c; salted salf, 19c; green hides,
12Hc; dry hides, 24c; dry calf, 2Hc; salted
bulla, 10c per pound; green bulls, 8 He.
WOOL Valley, 1820Hc; Eastern Ore
gon. 16 2 (Hie
MOHAIR 1914 clip, 27Hc per pound.
CASCARA BARK Old and new, 4 Ho per
pound.
GRAIN BAGS In car lots, 8 He. '
Provisions.'
HAMS 10 to 12-pound, 19H20Hc; 12
to 14-pound, 19H20Hc; 14 to 18-pound,
19H20Hc; skinned, 1820c; picnic, 13c
BACON Fancy, 2830c; standard. 22H
25c
DRY 8ALT CURED Short clear backs,
13Hlttc; exports, 1416c; plates, 11
13c
LARD Tlerca basis. Pure, 1213c; com
pound, 3c.
Oils.
KEROSENE Water white, drums, bar
rels or tank wagon, 10c; special, drums or
barrels, 13Hc; cases, 17H20Hc.
GASOLINE Bulk, 15Hc; cases, 22 He;
motor spirit, bulk, 15Hc; cases, 22 lie En
gine distillate, drums, 7Hc; cases, 14Hc;
naptha, drums, 14Hc; cases, 21Hc.
LINSEED OIL Raw, barrels, sic; boiled,
barrels, 3c; raw, cases, 86c; boiled, cases,
68c.
TURPENTINE In cases, S5o per gallon;
tanks, 58c
SAN FRANCISCO PRODUCE MARKET
Price Quoted at the Bay City on Fruits,
Vegetables, Etc
SAN FRANCISCO, July 7. Fruit Pine
apples, 31.502.50; Mexican limes, 39 10;
California lemons, 32.75 5.50.
vegetables Cucumbers, 3050c: green
peas, 2& 3c
Potatoes Oregon Burbanks, 90c31.23:
new, l114c; river Burbanks, 60c 31. 25.
Eggs irancy rancn, 20 He; store, 23 He.
Onions Red, 32.25 2.35; white. 32.50
2.80.
Cheese Young Americas, 1415Hc; new.
1012Hc
Butter Fancy creamery, . 24 He; seconds.
23c. ,
Receipts Flour, 1610 quarters: barley. 933
centals; potatoes, 2865 sacks; hay, 365 tons.
Coffee and Sugar.
NEW YORK, July 7. Easier European
cablea and a feeling that the slightly easier
tendency of tbo cost and freight market
might reflect Increasing new crop pressure,
seemed to be accountable for today's de
cline in the coffee market. Selling was by
no means active or aggressive, but there
were comparatively few buyers and after
opening at a decline of 6 to 8 points the
market closed at a net loss of 5 to 10 points.
Sales, 20,750 bags. July. 8.40c: August.
8.46c; September, 8.56c; October, 8.66c; De
cember, 8.85c; March, 8.92c; April, 8.93c;
May, B.usc.
tipot quiet. Rio, No. 7. S7e: Santos. No.
4, 12 He. Mild coffee dull. Cordova, 12H
lc, nominal.
Raw sugar steady, unchanged.
Naval Store.
SAVANNAH, Ga., July T. Turpentine-
Firm ; 4646Hc; sales. 1056 barrels; re
ceipts 1650 barrels; shipments, 187 barrels;
stocks, 20.047 barrels.
Rosin Firm; sales,' 2077 pounds: receipts.
4476 pounds; shipments, 232 pounds; stocks,
114,967 pounds. Quote: A, B, 33.703.oO;
C, D. 33.72H; E. 33.75: F. 33.80S.82H:
G. 33.85; H. 33.S5; I, 33.85; K, 8420; M,
34.70; X, 5.40; WO. (5.65; WW. 36.
STOCK RISE SHARP
Eastern Railroad Shares Lead
in Sudden Advance.
GAINS UP TO TWO POINTS
Renewed Rumors of Early An
nouncement of " Decision in
Freight Rate Case Bonds Also
Show Firm Undertone.
NEW YORK, July 7. Trading in stocks
today was without definite trend until the
final hour, when the list was lifted out of
Its early lethargy to the accompaniment of
considerable activity. Gams of 1 to 2 points
occurred in that brief period, chiefly in the
shares of the Eastern railroads, which gave
rise to renewed rumors of an early an
nouncement in the impending freight rate
case.
Specialties were agnm conspicuous by
their unexplained gains or z to 4 points.
Missouri Pacillo lost 2 points and the col
lateral bonds 5. Rock Island securities, in
cluding the collateral bonds and prererrea
and common shares, established new low
prices.
Among the specialties which added to re
cent gains were Mexican Petroleum, Stude
baker, common and preferred. United States
Exnress. Central Leather preferred and
General Motors, while United Dry Goods
preferred recovered almost 4 points of the
decline which precedeis and followed tne
Claflih failure.
Some additional adverse railway reports
for May were announced, including that of
the Great Northern system, wito a net loss
aDDroximatlns - 31.000.000.
In the main the bond market showed a
firm undertone, the feature being a 6-polnt
ealn In International PumD 6s. Total sales,
par' value, 32,015,000. United dtates oonas
were unchanged on call.
CLOSING STOCK QUOTATIONS.
Reported by J. C. Wilson A Co., Lewis
building, Portland. 1,103111
Sales. High. Low. Bid.
Allis-Chal. 1 H
Amal Copper .. 10,700 71 H TUH HH
Am Beet Sugar 200 25 Hilt ' 23 H
Am Can Co 5,100 28 26 H 27 H
do preferred.. 100 i m i it
Am Car & Fdy. 500 51H BOX olH
Am Cotton OH 40 H
Am Smel & Ref. 2.100 64 64 64 K
uo preferred. iv.w
Am Sugar i"?,
do preferred -u-
Am Tel & Tel.. 700 120 120H 120
Am Tobacco ... 400 232 228 H 228
Anaconda TOO 31 H 81 H 31H
Atl Coast Line.. 200 120H 12" izu
A T & Santa-Fe 1.000 89
do preferred
Bait & Ohio ... 3,700 W3H 0 2
Brook R Tran.. 1,100 81 1H 81
Canadian Pac . . 2,800 184 H 103 H 13
C & O 1.600 52 H 61" 62
C & O W 500 14 13 14
C&NW 100 131 H 1S1H 131
C. M & St Paul. 700 100 9H 100
Central Leather 4,700 3694 35 36H
Central of N J 00 .
Chtno , 2.000 4114 41 . 41H
Co Fuel & Iron ht
Col Southern
Consol Gas" 100 12914 129H 129
D L & W 2,000 11 UH J"
Distilling Secur. J
Ere ..: 3,400 29 2S 29
General Eleo .. 100 14!) H H9 149
Gt North Ore .. 200 32 32 31
Gr North pf... 700 124 124 124
Illinois Central... ...... 112H
Interboro Met .. 600 14 UH 114
do preferred.. 1,800 02 - of
Inter Harvester. 100 107 107 ij.
K C Southern .. l.ou 'it r2.
Lehigh Valley .. 8,500 13814 1 36 137
Louis & Nash 125
Mexican Central 11 H
M, S P & S S M. 300 124124 124
Mo, Kan & Tex. 300 17H 17 17
Mo Pacific 13.900 17 15 16H
National Lead
Nat Biscuit 80
o preferred.
New Haven ... 2,500 65 64 00
NY Central... 2,200 80 89 80
N Y, Ont & Wes 400 23H 23 23 H
Norfolk & west ivon. iwn au
North America ;; -,?
Northern Pac .. 2.10O 112 111 111
Pacific Mall .... 100 23 23 23
Pacific T & T 23
do preferred ,. . .
Pennslyvania ... 8,800 113 111 . JJf
Peoples Gas ... juu
Reading 19.100 165 163 14
Republic S 3c L - . 2H
Rock Island Co. 1.10O 1 1 1
Southern Pac .. lO.noo 7 80 u .
Southern Ry . . . 300 24 24 24
Texas OH ..... 200 143 143 143
Union Pacific ... 10,iuu i.n J"i
do preferred. 100 83 83 S3
United Rds S F 11
US Steel Cor. . 24,300 62 61 62
do preferred.. auw 2i -7?
Utah Copper .. 6,400 68 oils o
w.tll YiiA' "a 500 "6914 '68 6914
Westing Elec .. 1,200 76 76 -76
Wisconsin Cent - 38
Total sale lor tne aay, zui.iw buwh,
BONDS.
n,nnriM hv Overbeck A Cooke Co.. Board
of Trade building, Portland.
, Bid. Asked.
Atchison general 4s 95 86
Atl Coast Line first 4s 93 84
B & O Gold 4S ...0 3 94
B R T 4s '
Chesapeake & Ohio 4H
C M & St P gen 4s ......102 102
C R I Col 4s .', 2fVt 28
Cal Gas 3s 2H 83
C B Q Joint 4s ' 14 H
Erie general 4S lJ?
Int Met 4s ;
Louisville & Nash Un 4s 96 96
Missouri Pacific 48 0.0 jo n
NYC Gen 3s 82H
N & W 1st -con s ""7
Mnrthern Pacific 4s ...4 85 95
Oregon Short Line Ref 4s .. 91 H 81
Oregon Ry Nav 8
Pacific Tel 5s J
Penna Con 4
Reading Gen 4s 85 85
St L I San Fran Ref 4s 50 50
So Pac Ref 4s 92
S P Col 4s 0 90
So Ry 53 104 105
Un Ry mv 4a
Un Pac 1st and Ref 4a 84 94
U S Steel 0s 102 103
West Shore 4s
Wabash 4s 50 51
Westinghouse Elec cv 5s .... 95 86
Wisconsin Central 4s ..... 8S 8S
United States 2s registered ... 96 9i
United States 2s coupon 97 88
United States 3s registered .-01 W2
United States s coupon i"'
United States 4s registered ..-108 110
United States 4s coupon ...lio 111
Boston Mining 6tock.
T,ncTAW T,ilv 7 TMnHlnff ouotatlona:
U.l 1 U , M J 0 -
lm, 40 (Nevada Con
13
25
66
5
27
1
3514
33
46
11
68
28
40
37
Amal Copper ... 71 jNipissIng Mlnea
a T. , Km.. 4 Rutte
Arizona Com...... 4Xorth Lake ....
Cal & Arizona . onvm xsvtu
Cal & Hecla ...415 Osceola
Centennial- 17HiQuincy
Cop R Con Co. 36 Shannon
E Butte C Mine 9114iSuperlor
Franklin Sup & Bos Mln
ranby con ... aimiiiuii
rcreens- Can ... 2SH1U S S R c Mln
Isle Roy Copper 21, do pfd
Kerr Lake . ... o uian w
Lake Copper ... CHlUtah Copper Co
. c-u. . flTi,1Vlnnna
ia oauc vupijoi , n i .....
Miami Copper . . 22 IWolverine
.,v,-1, jiu Rutte A Sun
Money, Exchange, Etc.
K-icw YORK. Julv 7. Close: Mercantile
paper 34; sterling steady, 60-day
bills, 34.8590; demand, 34.8770; commercial
bills, 34.85g4.85.
Bar silver, oo.
Bar silver, 56 c.
Mexican dollars, 44c
Government bonds steady. Railroad bonds
irregular. ..,.
Call money nrmer, ys'w-m, "wing
u.- .in.rnr 2Vl2. Time loans firm: 60
days, 2; 90 days, 2; six months, 34.
imnnv. Julv 7. Bar ailver steady.
25 15-16d; money, 11; short bills, 1;
months, 1 lo-lo.
a a t.t woiNPTSrn. Tn! v 7. Silver bars.
OAll . ...... w , " "
. . .. .ivtit "r - An tnleffranh. 4c.
Sterllng In London,' 60 days, 34.86; do,
light, 34.87.
Condition of the Treasury.
WASHINGTON. July 7. The condition of
th United State Treasury at the begln
ninr of business today was:
Nat balance in general fund. .. .3143.813,963
Total receipts yesterday 1,306,987
Total payments yesterday 1.2S3.233
The surplus this fiscal year Is 3953.269,
aainst a deficit of 33.726,808 last year,
exclusive of Panama Canal and public debt
transactiona.
Dnluth Linseed Market.
TvrrT.TTTTi .Tnlv 7. Linseed. July. 31.60:
September, October and November, 31.62.
Metal Market.
NEW YORK, July 7. Lead dull, 8.85
8.93; London, 19 6s.
Spelter steady, .nuva.vo; Jonaon, tzi xus.
rnn-nmr aiMtlr: mot and September. 18.45
013.85: electrolytic, 13.87; lake, nominal
Tin steadyf'spot," 81.9532.20; September,
32.10 32.20.
iron quiet, nncnangeo.
Chicago Dairy Produce.
CHICAGO, July 7. Butter Unchanged
T- - Su..!.,, 17 779 roi at
mark. cases Included. 1518c; ordinary
nrats, nqpxtikc; nrstn, xoiorAou.
Cheese Unchanged.
Cotton Market.
NEW YORK, July 7. Cotton Spot quiet.
....... . , .nnr. I 1 , , '! Kn.
Miauling upianas, xa.oc; uu. auu, w.,vv
r sales.
Dried Fruit at New York.
vpv YORK. Juiv 7. Evaporated apples
quiet, prunes easy, peacnes qiucu
Hop at New York,
NEW YORK, July 7. Hops quiet-
YARD PRICES HOLDING
HOGS AND SHEEP ARE FIRM AT
NORTH PORTLAND.
Arrivals tor Day Are Light and Bulk
of Sale Are of Carried-Ove
Stock.
n., fni- h Ktnrlr carried over from the
first of the week, business would have been
very light at the yards yesterday, as only
two carloads of rresn material canm m.
The dav's transactions were put through
t h i-nnr nf riricee established Monday.
Most of the steers offered sold at 36.15
iri 16 r, Cnwa sold at a wide range. A
f, ,ula, hrnnehr SA.50 to 38.
The standard price in tne swine mirm
for lightweight was 38.20.
Choice lambs again sola at o, eweo
34 25 and good wethers at 34.63 and 34.75.
Receipts were 20 cattle, 2 calves and 114
hogs.
Shippers were: nunucy jaercuio -"'
pany, St. Johns, l car nogs; xjmj.
Condon, 1 car cattle, calves ana nog.
Th, ri.v-i Hales were as louows.
Wt. Price. I Wt. Price.
35 mxd ah'p 82 33 00 25 lambs . . 62
5.00
1 bull ...lj.r0 iwin iiB wetnen. on
4.75
4.25
10 mxd. sh'p 89-
4. UU 3d ewe .... juj
11 steers
880
6.10 64 lambs
6.251161 lambs
48
53
5.00
6.00
3 hogs
2 calves
1 cow
2 steers
1 bull .
1 stag
1 calf .
.. 680
.. 350
.. 700
.. 895
,..1250
... 820
6.301
1 hog
... 230
.. 218
.. 159
. . 240
.. 132
183
377
. . 201
.'. 979
..1036
..1060
..1050
. .1182
..1020
.. 527
857
.. 830
8.20
8.20
6.25
18 hogs .
14 hogs ,
1 hog ..
4 hog
27 hogs...
3 hogs...
84 hogs .
17 steers
7 cows
1 cow .
1 cow .
25 steers
1 cow .
4 cows
3 cows. .
1 cow .
6.50
8.20
4.00
6.25'
70
5.851
8.001
6.50!
5.75
5.8.-
5.831
7.201
8.20
8.20
8.20
8.20
7.20
8.20
6.25
5.00
230
975
6 cows
2 calves .; 2O0
7 steers ..1094
1 cow ..,.1350
1 steer ...1180
6 steers . . 891
2 hogs ... 855
59 hogs . . . 211
38 wethers 106
3.0-1
6.00
6.15
6.15
4.6,
4.2:
6.25
82 wethers.
105
4.00
102 lambs. .
72
125
6.001
5.00
15 mx. sh'p
3.001
Current prices
of
the various classes of
stock at the yarda follow:
Prime steers
...$7.0037.25
. .. 6.75 S 7.00
Choice steers
Medium steers ............
. .. 6.50 6.75
Choice cows
. .. 6.1'o(? e.t0
. ., 6.00 6.25
... 6.25 6.75
. .. 6.00 8.00
... S.O0Q1 5.00
Medium cow
Heifer
Calves
Bulls
Stags
... 6.00 0.00
Hogs
LlBht ..'
T.25(i
6.25 i
8.20
Heavy
7.25
Sheep-
Wethers -
Ewes .'.
4.00 4.75
, 8.20IW 4.H0
, 4.60 4.85
6.50 6.00
Yearling lambs
Spring lambs
Omaha Livestock Market.
a i u i t,,i i li trH Rplnts. 7600:
f T1 H W u,y va o r f ,
heavy, 38.258.40; light. 38.168.35; P'gs,
37.508; bulk of sales. 38.108.30
Cattle Receipts, 2000; market, steady.
Native steers, 37.509.25; cows and heifers.
I68; western steers, to.uuiu' o.uv, ' -. .
iteers, 36 7.85; cows and heifers, 36.75
MO; calves. 37.50 10.00.
(Sheen Receiots. 8000: market, higher.
Tenriinirs. SRa6.60: wethers, 35.355.76;
lambs, 38.60&9.10.
Chicago Livestock Market.
minn T,ilv 7 T?or ReaelDts. 12.-
000; market, higher; bulk of sales, 38.35
8.60; light, 8.258.65; mixed, 38.258.70;
heavy, 38.108.67: rough. 8.108.25;
pigs, 37.458.35.
n. t7 A.ifitii Ai KfnrV Sa.f.O 0 8.25: COWS
and heifers, 33.708.85; calves, 36.759.73.
esneeprieceipis, i.wl,, j
Sheep, 35.336.15; yearlings, $5.508.10;
lamps, ftt.QDig'aA'u.
$1 LEGACIES IN TWO WILLS
Estates of Mrs. Harriet Thomson and
Catherine Vaughn In Probate.
Ona dollar legacies flsured promi
nently In two wills filed yesterday in
Probate Court. The will of Mrs. Har
riet Thomson, a widow, was rued
showing that $1 each was left to a
son, John W. Thomson, and a daugh
ter, Mrs. Elizabeth Rowland, of Put
nam County, Mo., and the remainder
of the estate was left to two daughters,
Jemima and Orie C Thomson.
In the will of Mrs. Catherine Vaughn,
31 was left to each of the following
children: Mrs. June Buchan, Mrs.
Mary Shoamaker and Peter McClung.
To another son, Edgar McClung, waa
left two-thirds of the poultry and one
half of the realty. The remainder goes
to her husband, Edward Vaughn.
DAILY METEOROLOGICAL REPORT.
PORTLAND, July 7. Maximum tempera
ture, 86 degrees; minimum temperature 68
degrees. River reading, 8 A. M., 12 feet.
Change in last 24 hours 0.1 foot fall. Total
rainfall (5 P. M. to 5 P. M. , none. .Total
rainfall since September 1, 11113, 38.89 inches.
Normal rainfall since September 1, 44.13
Inches. Deficiency of rainfall since Septem
ber 1, 1913, 5.24 inches. Total sunshine, 14
hours. Possible sunshine, 15 hours S6 min
utes. Barometer (reduced to sea level) 6
P. M., 29.96 Inches.
. THE WEATHER.
Wind
.2
Stat of
Weather
STATIONS.
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
Roseburg .......
Sacramento .......
St. Louis
St. Paul
Salt Lake
San Francisco . .
Seattle
Spokane
Tacoma
Tatoosh Island .
Walla Walla
Washington
Winnipeg
Tellowstone ParK.
jClear
"Jlear
Cloudy
Pt. cloudy
Clear
Cloudy
Clear
Cloudy
Cloudy
Pt. cloudy
Cloudy
Pt. cloudy
Clear
Clear
Clear
740.
6S'0.
oio.
Clear
Cloudy
72 0.
Pt. cloudy
t.42
Cloudy
Cloudy
56 0.
11010.
Clear
Clear
Cloudy
Clear
90IO.I
86 O.i
so;o.
84:0. '
Cloudy
Pt. cloudy
Rain
Clear
Cloudy
Cloudy
Cloudy
Clear
Clear
Clear
6SW
eiN
SjSW
4!S
4ISE
fi'R
Clear
r oggy
Cloudy
Pt. cloudy
Pt. cloudy
.00)12S
Pt. cloudy
, WEATJHER CONDITIONS.
a itanrasclnn fa rfn trie! over Alberta
and the toarometer Is relatively low over
. -r, 1 ia-.tnro.ilil fltfltM A Km fill hiEtl
trio xVMWky aiwuui" v . "
pressure area overlies the Red River v al
ley of the Nortn, ana tne Daroraeier i
relatively high along the Oregon and Wash-
. mi,na ainrm hflva Arrrrtr1
ingion coasiB.
in Southern Oregon, Montana, the western
portion of the Dakotas, the Canadian
Northwest, Miaaie missiasippi viy
a.- a .1 anr Vast rill If RtfttS TllA
1 II mtJ AllttULIW aaaau a .
changes In temperature since yesterday have
been unimportant. ...
i.ne COQUUlUUa ..utaU.
ers in this district Thursday, with lower
temperatures, (
t.t. mnA vioinltv Prohnblv showers.
cooler; southwesterly winds.
Oregon and Washington Probably show
ers; cooler except near the coast; at
to west winds.
Idaho Possibly showers: cooler.
EDWARD A. BEAL3,
JUL! GAIN QUARTER
Fear of Strike Trouble Sends
Chicago Wheat Up.
MARKET CLOSES STEADY
Fresh Discoveries of Black Rust in
Scattered Sections Also Aid
Bulls Drouth Damage Is
Reported in Canada.
CHICAGO, July 7. Uneasiness over ,.tbe
chance of railroad labor trouble had a good
deal to do with causing wheat price to
rally today after a weak start. The market
closed steady c off to c up compared
with last night. Corn scored a net gain
of to lc and oats an advance of
o to c In provisions, the outcome va
ried from 2Gc decline to a rise of 6c.
Scattering reports of fresh discoveries
of black rust counted In favor of the wheat
bulls, and so did news of drought damage
in Important sections of Canada.
In the corn crowd predictions that at
best the crop this year would be only a
moderate one helped to develop bullish sen
timent. Higher prices for hog gave steadiness to
provisions. The consequent opportunity to
realize on holdings was promptly taken ad
vantage of by the packera.
Tha leading futures ranged aa follows:
WHEAT.
Open. High. Low. Close.
July 3 .73 3.80 3r-7 .80
Sept. 78 .79 .78 .79
CORN.
July 68 .68 .66 .67
Sept. 63 .64 .63 .64
OATS.
3 .36 .86 .8611
35 .33 .85 .36
MES3 PORK.
July
bepu
July 21.83 S1.75 21.68 H.T
Sept. .....ZU.2U ZU.dV 4U.J. V.9V
LARD.
July .
Sept.
.10.12 10.12 10.05 10.03
.10.26 10.25 10.20 10.2
SHORT RIBS.
July 11.25 11.82 11.85
Sept 11.8i ll. eo xA.im ii.ttn
Wheat No. 2 red. 81S2Ue: No. S hard.
51szc; no. a rsormeru, Koau,
K'rt 5 Rnrlnr R7 ffi. RJU.
Corn No. 2 yellow, 6869e; No. 8
yellow, 68tyeso.
Kye No. a. 07a
Barley, 4758o.
Timothy. 34. 2345.50.
Clover, 310013.
European Grain Market.
LONDON. July 7. Cargoea on passage
quiet and unchanged.
English country markets, firm; French
country markets, weak.
i TvwopnnT. .Tulv 7. wheat No. 1 Man-
itnha 7a 4t,A- No. 2. 7s 8d: July, 6s lld;
October, 6s 9d; December, 6 lOd.
Weather, rainr.
Minneapolis Grain Market.
MINNEAPOLIS. July T. Wheat July,
87; September. 81c; No. 1 hard. ao;
No. 1 Northern, 8991c; No. 2 Northern,
8091c.
.tsarley, tiijc.
Flax, 31,57 tS 1.60.
San Francisco Grain Market.
SAM FRANCISCO. July 7. Spot quota
tions: Walla Walla. 31.56 bid. 31.57
asked; red Ruslan, 3166 bid, 31.57
asked; Turkey red, fi.oinifi.wj munni
brewing barley, nominal: white oats, $1.22
it 1.23 ; bran, 324.502S; middlings, 330 W
81; shorts. 27 27.50.
Call board: wneat steauy. nariey, wcm
ber, 31.02 bid; 31.04 asked.
Poget Sound Wheat Market.
rwattle. July 7. Wheat August and
September delivery quotations: Bluestem.
82c; forty-fold, 80c; club, 7c; Fife, 78o;
red Russian, 77c.
Yesterday's car receipts, wneat oata ,
parley z, nay nour o.
TACOMA, July 7. Wheat: Bluestem 82o;
fortyfold, 80o; club, 79c; Fife, 78o.
Car receipts, wheat 9, barley 4, oat ,
hay T.
$100,000 MORTGAGE FILED
Second of Week Calls for 5 Coney to
Emanuel May Company.
Another $100,000 mortgage, the sec
ond to be filed within a week, waa
recorded In the County Clerk's office
yesterdy. The loan was made to the
Emanuel May Investment Company by
the Pennsylvania Mutual Life Insur
ance Company and calls for annual
Guardian or
Executor
This institution is
authorized by the
state to act as guard
ian or executor. A
man who wishes to see
that his estate is
properly managed
will use wisdom in
calling on us and let-
ting us explain our
fitness in this capac
ity. "We know that a Trust
Company managed as this
one is can render to an es
tate far more valuable
service than an individual
can.
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 J867.
jeneral banking
transacted. '
business
Interest paid on time deposits.
Letters of Credit and Travelers'
Checks Issued.
PORTLAND BRANCH.
Corner Second and Stark Sts.
F. C. MALFAS, Manager.
MUNICIPAL IMPROVEMENT BONDS
TO NET
INCOME TAX EXEMPT
Lumbermens
FIFTH AND
THE BANK OF CALIFORNIA
NATIONAL ASSOCIATION
of San Francisco. Founded 1864
Capital Paid In $3,500,000.00
Surplus and Undivided Profits $8,009,722.49
Commercial Banking and Savings Departments
PORTLAND BRANCH
Third and Stark Streets
LADE) & TILTON
BAJSTK
a.tabUahd lcJ
Capital and Surplus 52,000.003
Commercial and Savings Deposits
paymets of J15.000 and interest at S
1-2 per cent.
It Is understood that the money will
be used in improving suburban tracts
owned by the Emanuel May Company.
The first $100,000 loan was made by the
Portland Trust & Saving; Bank to the
Sun-Dlal Ranch corporation, of which
H. C. Campbell is president.
Firemen, to Hold Tournament.
KT inHNS Or.. Julv 7. (SDecial.)
At a' meeting of the St. Johns volun
teer firemen last nlsnt It waa aeciaeu
tn a ftrmn'R tournament Septem
ber 7, Labor Day, in which all firemen
In the state will be invited to take part.
The cup of the State Volunteer Fire
mn' Aa.nrlfltinn will be ud for com
petition. C. S. Curin waa made chair
man of the finance committee. Dona
tion of funds will be asked for pruea
J.GWIUSON&CO.
STOCKS, BOJJD8. OR AFM AMD COTTOX.
MKMBKBA
XFW YORK STOCK FtCHANOl
CHICAGO BOARD 0 TRADSJ
KKW YORK COXl'ON EICUAM.lt
TUB OlOCK AND BOND KACllAJiUM.
SAN iRA CISCO.
PORTLAND OFFICE:
Lewis Building, 269 Oak Street
Phonos Marshall 3S58. A 4117
WILBUR B. FOSHAY
PUBLIC UTILITY SPECIALIST,
Investigations, Reports, Plans, Develop
ment and Manag-emeni oi nmoinu,
Street Railway and Water Properties.
Wilcox Bulldlnr, Portlaad, Oresjoa.
TBAVBLBna OPIPB.
COOS BAY LINE
Steamship Breakwater
Sail from Alnworth dock. PorUaaa, A-
iulr 7, 12. IT, ii. 2T, Au. J, , 11. IS. 2W0.
maht aa ticket of nc Uww Ainw"a
Seek. Pertlaod a Coo B S. . 4a
Pbon Mala . A :u&
TO SAN FRANCISCO, LOS AN
GELES AND SAN DIEGO.
a h vrrATAN
WKDN BSDAY. JULY S.
COOS BAY AND EUREKA.
S. 8. tiKO. W . IXDXU,
SAILS SUNDAY MORNING AT .
' NORTH PACIFIC 6TKAMSHIP CO.
Tirkrt Office, I Frellltat Office,
lt2A Sd St. I Columbia Dock.
Main 1314, A-1314. I Main 5263. A-6422.
8. 8. BEAVER SAILS FOB
SAN FRANCISCO
LOS ANGELES
A. M., July 11 '
Tha 8an Franciac l'ortland 8. 8. Ca.
Sd and Waahlnrfon Ufa. (with O.-W. R. A
N. Co.). Tel. Maranau aovu, a oiai.
ALASKA
Steamship sails direct 9 P. M.
WEDNESDAY, JULY 8.
Tr,w rAAarvatlona left-
Sam Francisco, Portlaad A Loa Aasele
BiraBieaif w.
FRANK BOiXAM, Asnt.
124 Third St. A 4St Mala 2.
American-Hawaiian S. S. Co.
FREIGHT SERVICE
VU Strait of Macellaa.
6alUna from New York
About Juoe IS.
aad every H day thereafter, far
Pacific Coaat rorta.
C. D. KENNEDY. Aceat.
70 Stark Street.
HONOLULU
S110, lt claa. round trip. 5H day from
eo Tranclaco). Th most attractive apoi
oo entire world tour. Splendid ateamera
(I0.0UO ton dliipL) of OCEANIC LINK aal.
to Hawaii, every 2 weeka. You can make
thl trip In 18 day from San Franclero, iv.
inr o aaya on inn wwim.. p""vi :-,
from San FranclMo. 300 round trip li
clans. ,J00 2d claaa. Send .r folder.
Sydney Short Line. 7S Market U Sa
STEAMSHIP
Saila Direct for Saa Prnnclaco, Las
Angelea aad Sal Dira-o.
Tomorrow, 2:30 P. M.
SKTV FRANCISCO, POnTLAND A
LOS ANGELES STEAMSHIP CO.
FRANK BOLLAM. A ureal,
124 Third St. A 40US, Mala 2C
lOO
Trust Company
STAKK. aiKLtia
r
TRAVELER!' (JUIDIC
HAMBURGAMERiCAN
LartfettSSCo. .
412 Ships
1,417,710
in tha
WORLD
TONS
Going
or
Coming
TrTl br
HAMBURG -AMERICAN
LINE
rAKis lonion iiAxnrnii
JULY SAlUNliS
ttlTla
MI'r.KA TOR..
.111th, It A. M.
..INih, It
..inch, s r. m.
't.rf M.IU
ftlTtort. ,.,
l're. Oraat. .
xath, i p. m.
...oib, 1U A. M.
AUGC8T SAILINGS.
Vatrlnd An. 1, 1 aooa
HIVn.rlJlA....A". , t r. M.
lmnrtor Aug. 12, A. M.
I'rt. 14noola....Au(. It, 11 A. M.
tatrrlaad Am. ft lit A. M.
Kala. A us. Vie... Auc 17. S 1". M.
lajooua saBla ouiy. lUambuif
dlreoc.
MEDITERRANEAN
Gibraltar. Naples aad GfOaa,
S. r. Moltlm ... .JiilT 1. 1. M.
ti. t. Hamburg. ..Aus. , I'. M.
H. (t. Mollko Au. II, s r, M.
b, b. Uajuburs...bFpL. It. If.a
CRUISES to the
Land of the Midnight Sun
Aotiajifc- OrkaeT aad ar IU
ando, Iroland, bpltttra. Nartk
FROM HAMBCBO
Darins JCLY and AfOCHT
"Vkclorla Lule aad "alotoac."
14 ta DAXS If
W'rUa for BMalet,
HAMBURG-AMERICAN LINE
llrvr a Hay, North l'a
cifla General Agta, u Sec
ond av. fhon Elliott
i,:a and fi20. boattl. 'aah.
or Kan Fraacuc offloe. iioO
Btockloa au. baa 1'raaoUra.
ttouthara Pacma ., w
lath t.. O.-W. H. a
j. Co, No. yaciria, u. m
R. liurlinitoa
Jlouto, Milwaukee
Pust rouoa tu
Gt. North. By,
D r J B.
Pmlth, a
Wun. st
i'ortlana.
t)r.
NORTH
GERMAN
LLOYD
London Paris Bremen
IPerltn July '
efKal. VllVm r llroaee.Jnly l
eKronprlnaeaelo Cece'ie. .July 1"
CiOroeerr Kurfnrr.t July J
KroDprlna Wllhelm Au. 4
a'Barbaroaaa A.
oIU 1 A at. I Via Plymouth
and Boulon 8Mf Carrie n
tl) or (U) cabin It arrlea (III
and (III) cabin tt Uremea di
rect. Ilaltlmcirr-llrrmrn direct.
One-cabin til) Wedneauaya
THE MEDITERRANEAN
Frinacaa Irene LA"?' L
Koenla- Albert Sd'i.
The North (iermaa l.loyd
laniled more paeeengeira.
llret Cblo, Sec.nd table
and Steerage In the port
New Ynrk dllrin lull ta
any ether line, rrpeatln lie
marvrluuf record lvl
Through rale t.-om Egypt, India,
Nw York to FAH aAsf aaj
South America i turop.
KORH'AT POLAR CRUISES.
U. Am. 11
independent Trip ArOUfld
Flrst-clau
through
out $620.65 I Up Vi
irelera' Checka flood AjV ,J
11 Over the World. sr.i.Z
OELRll'HS CO., Oen. Act.
AJ I uuu A-trW av saw
Robert Cpelle, O. P.
C. A., San rrencieco.
or local axenta.
DRAIN TO COOS BAT.
Autos run daily. Delightful trip
Allejany or th Ocean-beach rout
Wlr reeervatlon to
O. MA1TOON, Dralav
A