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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 21, 1914)
THE BHSttirare OREGOXIAM. TUESDAY, JULY 21, 1914. Files ASK MORE Holding Wheat at Prices Above Market. TRADING ON SMALL SCALE Growers In Pendleton and Walla Walla Districts Demand 70 Cents Xet Exporters An ticipate Lower Values. Nearly all the dealers are In the market for wheat, but not at the prlcee that grow ata ara asking. Farmers in the Pendleton and tvalla Walla districts are holding for 7) cents net, which Is more than millers or exporters can afford to pay. While some wheat has been bougnt at 70 and even at 71 cents to fill Jnly sales, buyers decline to psy these prices for later delivery. A cargo of white Walla Walla and ship ping bluestem wss sold yesterday at 35s d. which la equal to 8014 cents f. o. b. on SOs freights. On this showing. It Is evident that prices In Europe will have to Improve or the market quotations in this territory recede. Grain men declare they will not be able to to much business until this occurs. Local wheat prices are now on a level with Chicago and out of range with the Eu ropean consuming markets. The canal will not be open for commercial traffic prob ably until the first of the year, and lower freight rates cannot be expected in the meantime. The export flour business In sight Is small and no early California trade Is anticipated. For these reasons, and be cause of the liberal buying of American wheat that Europe has already done, grain men believe that prices must go to a lower level in the Northwest. In discussing the question of how much wheat has been sold for export, an Eastern grain authority writes: "Estimates vary greatly. Some of the large sales reported may be more psy chological than real. Clearances from the seaboard will tell the tale. One of the largest grain firms In the United States, which has the reputation of'knowlng every thing before it happens, hesitates about going on record as to the amount of ex port sales of wheat which have been made this season. It says: This Is too hard a cues for us to make. It is pretty big. but snybody guessing Is apt to be a great many millions off, and we do not even care to try If "Another large exporter who has the repu tation of doing the most via the Gulf ports riw-.-i the largest estimate. He says: 'It Is a very difficult question to answer, but If we were compelled to make a kucss we would feel like estimating the amount of wheat worked for export so far to be not far frjm 75.000.000 bushels. Both Chicago and the Gulf ports have worked very large quantities. "Another large Chicago firm, which ex ports freely, says: 'A rough estimate for Ju!. August and September would be 00 to 7.. millions. The amount of ocean freight and lake tonnage contracted clear into the four months has been on an enormous scale, but figures on the same aro Impossible to el.- " Portland dealers yesterday quoted clubat 7S cents track and red at 77 cents. It was declared there should be more than 1 cent difference between fife and club, aa there Is ni'trfc red than club wheat and less demand for it. Europe buys our white wheat to ml with red wheat from other countries, and 3-cent differential was suggested as nej'rer right. No trade of consequence was reported In the coarse grains. The demand for oats Is poor, but farmers arc holdiug for full prices In spfte of the good crop outlook. Not much apot hurley Is available. Local receipts. In cars, were reported by the Merchants' Kxrhange as follows: Wheat Barley Flour Oats Hay Monday 8 I 2 4 Year ago 13 2 5 10 Season to date.. It7 lid 113 firt 03 Year ago 167 115 113. 26 107 MIIPMENTS ad TEN MILLION Bl MBU V heal Movement i ontinoes of I lulnror Visible Is throwing. The weekly wheat statistics of the Mer chants Exchange follow: American visible supply Bushels. lnerease. July 20. t9I4 1s.700.ooii x.4ST,00e July 21. 1013 !. ....1 412.0O0 July 22. 1012 17.0S6.0Of 2,I08.OOO July 24. 1011 .14.394.000 5.241 OOO July 25. 1010 10.37S.OOO 4Sft, OOfl July 26. lOOO rt.ti:it;.niiti 1.195.000 J-jtv 27. 10OA 14.2S2.iWV 1.030,000 Julv 20. 19o7 40.S2S.Oim 103 OO0 Jn;v .in. uton 2S..:si.iMM 2.4in,ooo Jala .11. 1903 13.354.000 1.470.0OO Decrease. tVuantllles on passage- WeekKnd. Week End. Week Kiwi. For July 18. July II. July 10. U Bush. Bush. Bush. I". K 20.264.000 2O.504.ooo 2I.R40 0OO Continent.. 14,020.00.) 18.304.000 14.645.000 Tottal 35,184.000 38.808.000 30.48o.000 World's shipments principal exporting Countries (flour Included) WeekEnd. Week End. Week End From July 18. July 11. Julv 10. "13 Bush. Bush. Bush. I S. ,n. 5.502. OOll 5.KS4.000 3.51H.(MI0 Argentina 514.000 .-.20.000 836, 00 Australia 704.000 728.000 712,000 Danube Nil ) 248.000 028.000 Kusata 2.08O.0OO 3.544.0O0 1,812 OOO India 1.264.000 1.264.00(1 2.702.000 Total 10.154,000 1I.7SS.000 10.609.0OO World's shipments, season to date Total Since Same Period July 1. 14. Laat Season. T0. S. Canada. Argentina Australia Iianabe Kussia India Total .10.077.000 12.277.000 . . 1.19S.OOO . . 2,376.000 . . 1.2.-.2.0OO . . 8. OOO. OOO . . 4.25(!.oo(i . .34.135.000 1,901 MO 3.834,006 L 684, 600 5. 156. OOO s.ir.s.ooo :!.. oo.i LOCA& IKK II UCaUFTS NOT HEAVY lairger Supply and Lower Price? Expected In Few Days. Receipts of local peaches yesterday were not heavy, but liberal arrivals are looked for today, and" the supply will Increase throughout ill" week. Large shipments of California Elbc-rtas are also coming and a low r market can be looked for soon. Several cars of melons and cantaloupes v-. brought In and everything sold well at Saturday's prices. A mixed car of Cal ifornia green fruit also arrived. The tomato market was slumpy because of the large stock on hand. Prices ranged from 35 to 75 rents. Candled Eggs Are Firm. The graduel decrease In egg receipts Slid the large shrinkage, due to the recent hot w-.-ath-:. is responsible for a firmer tone in the market for candled stock. The poultry supply was moderate. Hens were In firm demand, but buyers were rot so ready to take hold of Springs. Dressed meats were firm and unchanged. Butter and cheese moved at former quota tions. California Hops hold. California advices yesterday noted the sale by Con Shea of 108 bales of 1013 Sonoma hops to Hall at 14 cents. No business was reported In this state. Crop reports froirI Kngland and Continental Europe were favarmbla, Bank Clearings. Bank clearings of the Northwestern cltiea yesterday were aa follows : Clearings. Balances. Portland $1.I.73J J166.6S1 SeattU 1.274.07$ 284.124 Ta.-oma 874. $8- 18.081 Spokane 748,887 88.024 PORTLAND MARKET QUOTATIONS Grain, Flour. Feasl. Etc. WHSAT Track prices: Club. 78c: forty fold. T8o; bluestem, S3c: red Rtrasian, 77c: Turkay red. 81c MTLLFEED Bran, $23 8 21.50 per ton: aborts, $20I$.5O: middlings, 88L OATS No. 1 white milling. $330 22.50 per ton, rLOTTB Patents. $4.80 par barrel; straights. $4.!0: exports. H.80: valley, .S0; graham. It.tO; whole wheat. 15. BABLEY Feed. $211(21.50 per ton; brew Ing, t-2.50: rolled, 123.50. HAT Old timothy, 116 8 17; new-crop timothy, fizgis: grain hay. 110; alfalfa, tlx. CORN Whole. S35; cracked. $36 per toa. Fruits and Vegetables. Local Jobbing quotations: TROPICAL FRUITS Oranges. 81.7593 per box; lemons. 85.6087 per box; bananas, 4 844c per pound; grapefruit, California, 13 94.59. VEGETABLES Cucumbers. 50915c per box; eggplant. 15c per pound: peppers, 12 V4 915c per pound: radishes, 15S17V4C per dozen: head lettuce. 81.73 per crate; arti chokes, (1 per dozen: tomatoes, 35T5c per crate: spinach. 0 87c per pound; rhubarb. 2 4 83c Pr pound, cabbage. lc per pound: peas. 5 86c per pound; beans, 4 6c per pound: corn. 20 25c per dozen. ONIONS Walla Walla, 83.23 per sack. GREEN FRUITS Applea. old. 81l.i box; new. 7ic1.50 per box; cherries., 58 GREEN FRUITS Apples, old. 81(61.30 . . - 1 r. . ... 1.,,,. anrlrntlL , 5c (CP dox: new, v ' "" ' - - -. $1 25 per box; cantaloupes. gJ.-o9-.(D per crate; peachea, 50 75c per box; plums. 75c $125; watermelons. ll'.ic per Poundj ci.sabas. $22.50 per doxen; pears. t2-.-o per box; blackberries, 81 per crate; grapes. S2.50 per crate. ' . .. POTATOES Oregon, new, lti-O'lHc per pound. Dairy and Country Produce. Local Jobbing quotations: EQOS Fresh Oregon ranch, case count. 24c- candled, 26tf :Vc per dozen. POULTRY Hens. 15c; Springs. 17oi20c; turkeys :0'-":c; dressed, choice, 25c; ducks. lift 124c; geeae, 10c- B UTTER Creamery prints, extra, 25 27c pr pound; cubes, 202Jc. CHEESE Oregon triplets. Jobbers' buying price. 154c per pound f. o. b. dock Pprt land; Young America, 1S4C per pound. PORK Block, 1191140 per pound. VEAL Fancy. 13 4 9 14c per pound. Staple Groceries. Lieal Jobbing quotation: SALMON Columbia River one-pound tails s: 25 per dozen; half-pound flats, 81 to one-pound flats. $2.45; Alaska pink, one-pound tall. 85c: sllversides. one-pound tails, 41.28. HONEY Choice. J3.5093.75 per caae. NUTS Walnuts, 14S0c per pound. Brazil nuta, 20c; filberts, 1415c; almonds, lii28c; peanuts. t84c: cocoanuts, $1 per dozen; chestnuts. S410c per pound; pe cans. 14 915c BEANS-Small white. 84c; large white. 54c. Lima, 8c; pink, 5.15c: Mexican, 7c; bayou, 6c COFFEE Roasted, in drums, 1052c per pouno. SUOAR Fruit and berry. 15.06; beet, 14.86; extra C, 4.55; powdered. In barrels. $5.30. S4.LT Orant'Iated. $15.50 per ton; half ground. 100a. 810.75 per ton: 50s, $11.50 por ton, dairy. $14 per ton, RICE No. 1 Japan, 4495c: Southern head. 64 074c; island. 5954c DRIED FRUITS Apples, 1OK011C per pound: apricots. 16428c; peaches. 8911c; prunes. Italians. 10124c; currants, 04c; raisins loose Muscatel, 64 974c; bleached Thompson. 114c; unbleached Sultanas, 8c; ceded. c; dates, Persian, 774c per pound; tard. U.40 per box. FIGS Packagea. 8-oz., 50 to box, 8L85 package; 10-oz.. 11! to box. 80c. white, 23-lb. box $1.76; black, 25-Ib.-box. $1.76; black, 30-l'b box. $2.50: black. 10-lb. box. 11.15; Calarab candy figs. 20-lb. box. 83; Smyrna, per oox. $Lou. Hops, Wool. Hides. Etc. HOPS 1013 crop, prime and choice, 14 15c- 1014 contracts, nominal. PELTS Dry. lei ry snort wool, 9c; dry shearings, 10c; groen shearings, 1580c, salted sheep, $1.25 1.50; Spring lambs. 2i. 025c H1DES Salted hides, 134c per pound; sal' kip. 14c; salted calf. ISc; green hides, 124c; dry hides. 25c; dry calf. 28c; aalted bu'l 10c per pound; green bulla, 84c. WOOL Valley. 1840204c; Eastern Ore gon. lu204c MOHAIR 114 clip, 87 4c per pound. CASCARA BARK Old and new. 440 per pound GRAIN BAGS In car lots. 8.308.374c. Provisions. HAMS 10 to 12-pound, 1849204c; It to 14-pound. 184 0204c; 14 to 18-pound, 18 0 20 4c; skinned. 1S02OC; picnic, 19c BACON Fancy, 28 0 30c; atandard. 234 i L'Oc. DRY SALT CURED Short clear backs. 13 4 ' list, exports. 14016c; plates. 11 "laBD Tierce basis. Pure, 12l3c; com pound, 8c Oils. KEROSENE Water white, drums, oa.' rels or tank wagon, luc; special, drums or barrels. 13 4c; cases, 17 40204c GASOLINE Bulk. 13c; cases, 22c; motor spirit, bulk, 15 4c; cases, iStac. En gine distillate, drums, 14c; cases. 14 4c: naptha. drums. 144c; cases. 314c LINSEED OIL Raw. barrels, 61c; boiled, barrels. He; raw. cases, 66c; botlsd. caeca, 68c TURPENTINE In cases. 5o per gallon; tanks. 68c SAN FRANCISCO PRODUCE MARKET. Prices Quoted at the Bay (II) on Fruits. Vegetables, Etc. SA-N f 11A.M. 10( U(j -"- '" , ,....i. it r.nm:t Mexican limes. $496; Cal ifornia lemons. $2.7505.50. WK.-t.ible. LULllliiut're, vs-v. peas, 204c. Halts Fancy ranch. .:miC, store, -.' n Onions Yellow. $202.25. Cheese Young America, 14015c; new 10 a 13 Uc Butter Fancy creamery, 23c; seconds. 23 4c. , , Potatoes Delia new-crop tjuruanne. i-i cental sacks. $101.25; boxes, $101.35; sweets. r. poena. Keceipts--r lour, mm 1 1 ' .'. 54.007 centals; potatoes. 5705 sacks; hay, J(3 tons. Dried Fruit at New York. NEW YORK. July 20.--Evaporated apples, quiet but firm. Fancy. 11012c; choice, 10 ! tjlOSc; prime. 040c. Prunes, easy; Californlas. 3"114c: Ore gons. 10012c , Peaches quiet. Choice, ';B4c. Extra choice. 64074c. Fancy. 7408c Naval Stores. SAVV.NNAli, July 20. Turpentine strong, 46 4c: sales. 076; receipts, 070; shipments. 21: stocks. 25.501. .,.,. Kosin steady: sales, JVJh; receipts. -.18. shipments. 90: slocks. UV310 Quote: A H C I). E F, G. H. I, $3.(D3.8j; K. 4.850 4.40; M. $4.75t4.80; WG, $5.90; WW. $6. London Wool Sales, LONDON, July 20. At the wool sales to day. 9030 bales were offered. The attend ance was smaller. The offerings, principally of crossbreds, met with a ready demand from all quarters. The tone was steady. America purchased freely of fine medium stock. Chicago Dairy Produce. .'UliMiin -Tulv 10. - Butter - - Higher. Creameries. 210274c . Ecus lllgner. ttvovivia - . . .... included. IBVksl8tc: ordinary firsts' UnffUe; firsts, is - 010c Duluth Linseed Market. DULUTH. July 20. Linseed, 81.6S4; July. $1.68: September. $1.70'-. Elgin Butter Market. mUStk, I"-. July 20. Butter. 27 4c. NORMAL STUDENTS ACTORS rilHUllflltinw Made by Persons From Various Sections of State. OREGON NORMAL. SCHOOL, Mon mouth, Or.. July 20. (Special.) Eleven plavs in one, presented Saturday night in the chapel by 300 students attend ing the Normal Summer School, were witnessed by a large and enthusiastic audience. The teachers from all parts of the state grouped themselves into divisions. where they performed "stunts'" and did lively boosting for their respective localities. The presentations commenced at 8 o'clock and continued until 12 o'clock. Throughout the evening loud county yells and numerous songs were given, and there was a spirit of keen competi tion never before equaled at the Ore gon Normal, it is declared. Supreme Court Aspirant Out. OLYM PI A, Wash.. July 20.- i ... . ...1. .. nt Ihn " i erms; Axnire this Tiiri! , r n the SlITirpm BMtTtCn. Judge Holcomh is the second candl- date to file. John E. Humphries, of to tile. Jonn c. numpuries, King County, being already in tne pus ALL GLASSES FIRM Good Prices Prevail With Lighter Run at Yards. DAY'S RECEIPTS, 27 CARS Hogs Sell 15 Cents Higher Than Latst Week's Level Best Steers Bring $7.25 Sheep JLirket Strong. The run at the stockyards yesterday was lighter than usual on Monday. The de mand was good throughout the day, and as a result the best grades of stock com manded firm prices. Hogs sold 15 cents higher than last week and prime steers passed the seven-cent mark. Throe loads of top grade steers were soiu at $7 23 against a former market of $i. Good cows sold at $6 and stags brought the same price. A few calves were disposed ot atA,!good share of the day's business was done in the swine division, where toppers commanded $8.75. Heavy hogs were equally firm. . -- Former prices were maintained in tne sheep house. A load of sood wethers sold at $4.73 ewes brought $4.23, a bunch ot fair lambs brought $5.30 and good mixed lots sold at $4.J3 and $5. Receipts were 304 cattle, 12 calves, o8a hoga and 1105 sheep. Shippers were: With cattle P. Fleetwood. Baker, !' J. W. Chandler. Enterprise, 1 car; J. L. Troutdale. Enterprise, 2 cars; W, B. r or dale. Enterprise. 2 cars; A. L. Demarls, Low den. 1 car; H. Blackwell. Pendleton, 4 cars; W. H. Harris, Wasco. 1 car. With hogs C. McCullough. Haines, 1 car; Kittle Bros.. La Grande, 1 car; Elgin For warding Company. Wallowa, 1 car. With sheep L. Brune. Lyle, 3 cars; C. K. Howard, Salem, 2 cars. With mixed loads H. E. Hendrickson, Enterprise, 2 cars cattle and hogs; J. S. Flint, Junction City, 2 cars cattle, calves, hogs and sheep; G. M. Hannon, Whiteflsh, Mont., 1 car cattle and hogs. Tho day's Bales were an follows: Wt. Pricel Wt. Price lcow ...110O 84.50 2 cows -800n 2 steers ..1920 5.50 Scows ... 0.W UO 5 steers ..1380 0.00 lcow 870 4. 00 3 cows ...1040 5.00 23 steers ..120( 7JU lcow ... 020 3.30 23 steers ..1103 L2g 3 bulls ...1323 4.2bUlcows ...J0l i.00 2 steers . . 102.". 0.25i 1 cow J20 6.00 "cows ..1083 5.50! 2 stags ...1010 6.01) 1 stag ...1400 3.75; 20 steers ... 1301 J-JB llcows ..1008 6.00, 4 bulls ...11( J" 55 hogs ... 198 8.73 12 steers ... t'79 0..., 1 hog 330 7.75 11 steers ... 4iS 0.00 10 hogs . . . ISO 8.23 4 steers . . . S37 5.o0 67 hogs ... 179 55 lstag '?" 3 ho?s ... S03 7.75 28 steers . .1120 6o0 7 hogs . 123 8.00 4 cows . . . 770 4.0O t Yinr . . . ISH O.IIO. 1 call .... ' w 40 mx. sh'p 92 5.001 6 hogs . . 104 nix. sh'p 104 4.23, 00 hogs ... 30 8.00 230 S.75 230 8. irt: i . . (hi ' "( .... -- ---- 40 mx. sh'p 01 8.15 90 hogs 203 S.7o 97 hoes ... 215 8.75 2 hogs ....385 ;..o 54 ewes ... 94 4.25 4 hogs 342 ..aO .'52 wethers 90 4.73 81 hogs 168 8.50 !) calves .. 231 8.25' 80 hogs 198 8.20 1 calf 270 7.25; 6 hogs 318 ..(5 'cows ...1030 6.00. 12 hogs ...115 8 00 7 cows ...1050 5.501 37 hogs .... 179 S.7.i 1 bull ....1170 4.O0I 4 hogs .... 337 7. i3 lcow 120 4.00 16 hogs 238 8.(5 Current prices of the various classes of stock at the yards follow: aiaarn Prime steers $..O0$7.-.j Choice steers S ::? flS Medium steers 0.25 0 n.oO Choice cows 6.00W 6.10 Medium cows 5.300 o.75 Heifers 8.250 6.50 Calv,.- 6.00 0 8. Jo Bulls ' 3-OOg 3.00 s,aKK ;;; 4.50 6.00 LIghT'"? 8-000 8.73 Heavy 7.00 0 7.73 Wethers 129 fl. Ewes 8.250 4.25 Yearlings 4.50 4.85 Lambs 5.50 5.83 Omaha Livestock Market. SOUTH OMAHA. Neb.. July 20. Hogs Receipts 0300, market lower. Heavy, $8. (0 i e.w.. u tk iit,. aaaaasassi; 'OO.OO. maru, ma. ('"U t.. v , ia". m- mm m pigs. tT.7S08.5O; bulk, $8.7008.75. t'atile Receipts 43J)0. market lower. Na tive steers, $7,7568.75: cows and heifers. $6.2308.75: Western steers. (608.23; Texas steers $('p1f7.75; cows and heifers, $5,850 7.25: 'calves, $8011. .Sheep Receipts 12.0000. market lower. Yearlings. $3.9006.40; wethers, $5.400 5. 90; lambs, $80 8.40. ,.1.1 I ! . M ... CHICAGO. July 20. Hogs Receipts 33.- ooo. market strong. Bulk. $8.850905; light. S.70j9.15: mixed. $8.6009.15; heavy. 1814509.15: rough. $8.45 0 8.60; pigs, $7,750 9.00. Cattle Rerelnts 16.000. market steady. Reeiex X7.70HI 0.B0 : steers. tD.t" 8.3( ; stockers and feeders, $5.800 8; cows and heifers. $3.80if 9. 10; calves, $7.70ftll. Sheen Rere nts. 20.000. market weak. Bheap $5.1606; yearlings, $5.600 7; lambs, 8608.4a STOCK MARKET DROOPS SELl.ISC FOR FOREIGN ACCOUNT WKAKENS ENTIRE I.I ST. t'onfnsliicr Reports Regarding Eastern Freight Hate Sitnatlon Bond Prices Hold Strong. NEW YORK, July 20. Confusing reports regarding tne Eastern freight rate situation and a budget of unfavorable rumors from abroad contributed toward today's drooping stock market. Conditions abroad Indicated increased ten sion at ail prominent Continental points, particularly Berlin and Vienna. London's final prices for Americans were substan tially lower. In addition to the 15.000 shares sold here for London, direct sales for Amsterdam were also reported. Balti more & Ohio common and preferred de scended to new low levels. Heavy offer ings of both issues for future delivery at tested the persistency of the foreign liquida tion in thes.i shares. Erie and Wheeling .fc Lake Erie broke new low ground. Texas Company was the most prominent of the specialties, dropping five, points as a result of the suits against the company promised by on or more Houthwestem states. Anthracite shares were under pressure and St. Paul fell a point on tlie poor crop dis patches from its territory, with, similar heaviness in Canadian Pacific. Union Pa cific, minus Its extra dividend, was one of the few strong stocks, but fell back at tha close. Bonds were but slightly affected by the sagging tendency In stocks. Total salas. par value, $1,307,000. L'nlted States bonds .were unchanged on call. CLOSING STOCK QUOTATIONS. Reported by J C. Wilson & Co. Lewis D"" 1 ' -A building Portland. Closing Sales. High. fill it 26 90 51 38 H 66 !j Low. Bid. Allis Chalmer.. Amal Cop Am Beet Sugar. Am Can do preferred . . Am Car & Fdy. Ame Cotton Oil. Am Smt & Rfg. do preferred . . Am Sugar do preferred . . Am Tel & Tel.. Anaconda Atlantic Coast 1, A T 4- Santa Fe do preferred. . Bait & Ohio. . . . Brook Rap Tr. . Canadian Pac . . C A O C i G W C & N W C M & St P Cent Leather . . Cent of N J. . Colo Southern. . Consolidated Gas D & R G Distilling Secur. Erie General Electric Great Nor Ore. do preferred . . Illinois Central. . Interoro-Mctro . do preferred . . Internat Harv . . Kan City South. Lehigh Valley. . Louis & Nash. . Mexican Central M St P ft -s S M Mo Kan ft Tex. . M lsse-rA Pan 4. COO ' 800 100 1.000 200 500 68 ;. 25 90 51 :;s 65 26 no 51 38 '4 65 103 103 112 120 30 117 97 99 S2 90 15 46 13 131 97 35 25 22 127 4 15 25 147 30 121 14 14 62 100 26 134 131', 11 322 11 10 400 200 100 500 100 16.0011 100 7.200 2.100 119tt 31 118 98 Vi 99H 83 90 1S6 46 '-J 119 30 118 97 90 82 90 1S3 40 5.300 700 98 36 06 85 i 7.000 500 300 1.400 ' :i66 23 148 HI 122 23 147 30 121 14 13 2O0 3.500 200 26 138 133 20 i 134 1.600 iM)0 Hi 11 10 10 National Lead 43 National Biscuit 200 131 131 131 do preferred S New Haven ... 4,100 54 52 53 N Y Central... 3.900 S5 84 84 M Y Ont ft W.. 200 20 20 20 Norfolk ft West to:. North America -Jji Northern Pac... 1,300 109 108 108 Pacific T ft T -0 PclmTil"6':: viod iio ioo 109 Readfn'g0".::: 19.3 LSI 5 Republic S ft I.. 400 21 21 21 Rock Island ; Southern Pac .. 5.900 96 95 M Southern Ry . . . 6.300 21 21 21 Texas Oil 4.000 138 134 lg Union Pacific .. 1S.SO0 127 126 126 do preferred.. 300 S2 82 82 Unt Rds of S F 23 U S Steel Cor. .. 20,400 60 39 0 do preferred.. 200 109 109 109 Utah Copper .. 3.200 56 56 56 WW? Union 'Tel! V.ioo "59 "68 59 Westlnghouse El 2.70O 78 (( ' Wisconsin Cent Total shares. 216.700. BONDS. Reoorted by Overbeck ft Cooke Co.. Board of Trade building. Portland. M Ask(,d Atch Gen 4s 95' u3. Atl Coast Line 1st 4s 92 9- B ft O Gold 4s - BJ chi. & o" iu.: :::::::::::: ".: : : j? w C, M ft St P Gen 4s 2-. Cal Gas 3s 2 . 3 C B Q Joint 4s 97 Erie Gen 4s g lot Met 4s I" ,')8 Louisville & Nash Un 4s 3 !, .16 Missouri Pac 4s M N Y C Gen 3. 2 " N' ft W 1st Con 4s 94 0 Northern Pac 4s 9 Oregon Short Line Ref 4s 90 90 Oregon Ry Nav 4s jj- Pac Tel 5s 9-H J Penna Con 4s 10" 100 Reading Gen 4s g St L ft San Fran Ref 4s 68? bs So P Ref 4s 91 . 2 &KaU:Ref:4,;;i;;: i U S Steel 5s 1; 'SSiJ West Shore 4s 92 MM Wabaalv4s it.. 21 W house Elec cv 5s 96 96 Wisconsin Central 4s 88 s Western Pac 3s 4U Stocks at Boston. BOSTON, July 20. Closing quotations: Allouez ?iN.?v,C?n ;r "6! lT; Amalg Copper... 60 iNipissing M... 6 9-16 A Z L& Sm.... 14, North fiutte ... 24 Arft Com 4 7-ieiNorth Uike 14 Calumet ft Ariz. 65 Old Dominion ... 49 Cal ft Hecla 400 Osceola l rSntfnnlal 10 Qulncy -6 Cop Range CC 35;shannon E BUtte (.Op .M- "Ti Mnw w . - - - - : - Franklin .. .... Sup ft Bos M-... J f-ranbv Con .... 79 Tamarack ff- Hre?rfey Canan.a. 31 US Sm R ft M.. 34,4 , Royalle (Cop). 19 - do Preferred .. 46 Kerr Lake 5 Utah Con - L" take Copper. ... 6 , lUtah Copper Co. 56 La Salle. Copper 3 Winona - Miami Copper... 22 gnjlvoHna 38 4 Mohawk to Butte ft Sup 3 Money, Exchange, Etc. NEW YORK, July 20. Close Mercantile paper. 404 percent ,,.0. Sterling firm. Sixty-day bills '4-f,; demand, $4,87.20; commercial bills, $4. Si ,a (U'4.K4. Bar silver. 54c. Mexican dollars, 41 c. . Government bonds steady. Railroad bonds ""all money easier. 202 P cent; rul ing rate !H per cent: closing. 22 per lit. 'Time loans weaker; 60 days 2 per cent; 90 days, 3 per cent; six months, 4 per cent. LONDON. July 20. Bar silver quiet. 24 15-ied. Money, 11 per cent. Short bills. 2 1-16 per cent; three months. 2 per cent. . . . .. i .. nn ullver. 044o; Mexican dollars. nominal; drafts. sight. 02; orarts. aterling. 60 days. $4.88; slijht. $4.S7!4. Condition of Treasury. WASHINGTON, Julv 20. The condition of the 'United States Treasury at the begin ning of business today was: -ft n-.o , ... Net balance in general fund ""'"SH;:. Total receipts Saturday T'iVi'fiR Total payments Saturday t"i? The surplus this fiscal year Is $8,0ol.0o0. against a deficit of $18,002,543 last year exclusive of Panama Canal and public- debt transactions. Coffee and, Sugar. NEW YORK, July 20. The coffee market was dull at the opening today, when prices were 10 points lower on June, but un changed otherwise. Disappointing cables indicated a more active market later and a decline or one to fire points In active positions, but In the later afternoon there was quite a sharp rally on covering and scattered bull support, the market closing two points higher to two lower. Sales, "0 "50 July 8.44c; August, 8.46c: Septem ber 8 56c: October. S.65c; December, 8.8,c: January. 8.90c; March. 8.99c; May. 9.05c Spot' coffee quiet. Rio No. 7. 8c; Santos No. 4, 12c. Raw sugar steadv. Molasses, 2.61c; cen trifugal, 3.26c; refined ateady: cut loaf. 5.30c: crushed, 6.20c; mold "A." 4.85c; cubes, 4.65c; XXXX powdered, 4.55c: powdered. 4 50c- fine granulated. AIOc: diamond "A." 4.40c; confectioners- "A. 4.30c; No. 1, 4 20c. Metal Markets. NEW YORK. July 20. Lead quiet, 3.85 3.95: London, 19. Spelter steady, 4.955.0.; London, 21 lOs Copper quiet. Spot and September. 13.25 13.45: electrolytic. 13.62013.73; lake, nom inal; casting. 13.37 18.50. Tin firm. Spot. 32.050 32.35; October, 32.20? 32.50. , Antimony dull. ( ooKson s i. i-m i -o. Iron quiet. No. 1 Northern, 14. i o0 1.'.25 : No I 14 300 15.00; No. 1 Southern, 14.75 15.28; No. 2, 14.50015.00. Hops at London. LIVERPOOL, July 20. Hops at London Pacific Coast. 3 1Os08! DA1XY METEOROLOGICAL REPORT. PORTLAND, July 20. Maximum temper ature, 70 degrees; minimum temperature. 56 degrees. River reading. 8 A. M., 10.9 feet. Change in last 24 hours, none. Total rainfall (5 P. M. to 5 P. M. ). none. Total rainfall sinre September 1. 1913, 3S.90 Inches. Normal rainfall since September 1, 44.37 Inches. Total sunshine. 8 hours 54 minutes. Possible sunshine. 15 hours 14 minutes. Barometer (reduced to sea level) 5 P. M., 30.16 inches. THE WEATHER. K -J Wind 5 68 g J 2 6TATIONS. g Sg I Welth.', s ap : ? a Baker Boise Calgary Chicago Colfax Denver Des Moinea Duluth Eureka Galveston Helena Jacksonville Kansas City Klamath Falls Los Angeles Maxshfleld Medford Montreal .... 6S!0 80 u nolo M 1 ' 74 0 92 0 .02I14;NW .-J4 4 u .02 1 0 N .On lo K .00'20S .00 4 N .OO'14'SW Cloudy Cloudy ft. ciouay Clear Clear Pt. cloudy Ft. ciouay M " ti (i fin i 70 0. 92 1 SO 0 73 10 78 0 68 0 80,0 70 n .OOilOiSW iClear O0 22.NW Clear .04 8!S Clear .04' 8 SW Cloudy .40 8 SE Rain .01 12 SE Rain .U0:2uiNW Clear 00 10lS Clear 00'lOlNW Clear 00 12jN (Clear 00 161SW ,Pt. cloudy ..( 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 Tatoosii Island . Walla Walla ... Washington . Winnipeg Yellowstone Park iu n .00 4 E Clear .00 6,S iClear 80 0 580 72;o oy o itti S l 70.0 760 7i. ,ii 94,0 88 0 S i) .no1 14 NW Clear .00il6!NWClear .00 4jW ,Pt. cloudy .001 4 W Cloudy .00 8:SW Clear .(Hi 12 NW .(mi 12 N ,oo;i2 s .00 S SE .001 6'SW 02 14 SW Clear Clear Clear Pt. cloudy Clear Cloudy Pt. cloudy sH ia w M O 00 BINE Clear 00S4SW Pt. cloudy 00!8'SW Pt.- cloudy 0OI12 SW (Cloudy 7010 68 0 o 7410 K O 00!lo,W n. ciouuy Clear .00 4 S 82 0 78;o, (M)14 SE Clear 00;12:SW (Cloudy (TTITTTKH CONDITIONS. PORTLAND, July 20. A depression of considerable energy Is central northeast of Montana and a large high pressure area Is approaching the North Pacific State, from the ocean. The barometer continues rela tively high over the Atlantic states. Show ers and thunder storms have occurred at scattered places in the Rocky Mountain states the Canadian Northwest and along k. r-,iir Coast It is much cooler in this dlstrlc? and alio in Western Montana. Ne vada. Utah and Arizona. The conditions are favorable for fair weather In this district Tuesday, preceded by showers in Southeastern Idaho. The tern oeralure. will rise slowly except In South eastern Idaho, where it will be cooler. FORECAST. Portland and vicinity: Tuesday, fair and warmer: northerly winds. Oregon and Washington: Tuesday, fair, w-aVmcr except near thecoaat; northwesterly 'ldaho- Tuesday fair, preceded by showers southeast portion; warmer west and north nortions, cooler southeast portion. EDWARD A. BEALS, District Forecaster. DANGER NOT OVER Fear of Unfavorable Weather Causes Wheat Rally. MARKET STRONG AT CLOSE Canad-iHii Crop Estimated at 75, O'OO.OOO Bitsliels Less Than Last Year Chicago Receipts Are Largest on Record. CHICAGO. July 20. Assertions that if un favorable weather was encountered in the Dakotas and Minnesota this week, the damage from black rust would be grave led to a decided rally today in the wheat market. Prices closed strong at o to ic net advance. Corn finished c to 0c up. and oats with a gain of c to c, but provisions unchanged to 13c down. . Wheat speculators at first were disposed to believe that the favorable conditions for maturing the Spring crop would outrun the danger of black rust. The bears also had in their favor the fact that receipts here from the new Winter crop amounted to a huge aggregate, 1S31 carloads, said to be tho largest total on record. In addition there was a big Increase of the domestic visible supply. Additional encouragement for the bulls came from estimates that the Canadian crop would prove 75.000,000 bushels less than last year. Uneasiness over a renewal of drouth com plaints from Missouri and Southern Bltnols carried the corn market upgrade. A big falling off in the visible supply counted also against the bears, and so. too. pessimistic re ports regarding the outlook for shipments from Argentina. Oats ranged higher, influenced mainly by the strength of corn. Although provisions opened firm in sym pathy with the hog market, a break In prices followed. Selling on the bulge was aid to be due to signs of more liberal ar rivals tomorrow at the yards. The leading futures ranged as follows: WHEAT. Open. High. Low. Close. July 8 -79 i 8 -I -' Sept 7S .79 .18 .79 CORN. Julv 69 .70 .119 .70 Sept 86 .67 .86 " OATS. I' 36 .37 -36 .38 sept .- 7 .00 t MESS PORK. july 21.10 "Sept '..21.33 21.40 21.10 21.10 LARD. Julv 10.12 Sept. 10.32 10.32 10.2O 10.23 SHORT RIB3. July 12.17 12.07 12.07 Sept. .....12.07 1207 11.95 11.95 Cash prices were: Wheat No. 3 red. 80Slc; No. 2 hard. 8081c; No. 2 Northern, 9091c; No. 2 Spring. 8090c Corn No 2 yellow. 7lc; No. 3 yellow. 7154 71o. Rye No. 2, new, 63c. Barley 4S56c. Timothy $4.0005.25. Clover 81O.OO013.OU. Sun Francisco Grain Market. SAN FRANCISCO, July 20. Spot quota- n-.li. w.,n 1 Kiii. asMSSJI : red P.us- IIOIIB. KHM ' '. - slan. $135 0 156: Turkey red, l-5 UfTtai biuesteni. SMtVi -81 brewing barley, nominal; white oata, Suaia! hrn I24.3024.76: mid dlings, $30 0 31; shorts, $27 0 27.50. Call board wneat, steaoy, no h"b Barley. steady; December. $1.01 bid, $1.0214 asked. European Grain Markets. LONDON, July 20. Cargoes on passage firm but Inactive. English country markets firm at run prices owing to scarcity. English country markets quiet. LIVERPOOL, July 20. Wlteat No. 1. v.niiMi. 7 4Ud: No. 2. 7. 2'4d; October. 6s 9d; December, 6s 10d. Weather cloudy Mimical. ..lis Grain Market. MINNEAPOLIS. July 20. Wheat, cash No. 1 hard. 92c; No. 1 Northern. 890111c: No. 2 Northern. 87089c; No. 3 wneat. tJ 7c: July. 85c; September, uic Barley. 44 080c. Flax. J1.670L69 rug.-1 Cound Wheat Market. SEATTLE, July mj. iiemi September delivery quotation.: Bluestem. t.i(. rT- rmA Tt.ivalan 7C. S2C; C1UD, IOC, " K ' - " . v.r.rdnv' car receipts, wheat 3; oata - barley 4, flour 8. TACOMA. auiy -o. " S2c: fortyfold. 80c: club. 79c: Fife, 78c. Car receipts, wheat 9, barley 8. oat. 8. hay 8. Hops, Etc.. at New Tork. ....... .m i - ti "ft FTons steadv: state common to choice. 1918. 80038c; 1912. 120 15c: Pacific coast, nuo, joitf-io,. j.om. - - 15c. Hide., steady. Bogota. zaoino. v. tral America. 28c. Wool steady; domestic fleece XX Ohio. 29 0 30c. COMPARISON of Portland streets indelibly impresses on your mind the quality word in the pavement world 'b-i-t-u-l-i-t-h-i-c' J.C. WILSON&CO. BlOCIiS. BONDS. GRAIN AND COTTO.S. MEMBERS NEW YOBK STOCK EXCHANGE CHICAGO BOARD OF TBAB6 NEW YORK COl'TON KXCHANO THE blOCK AND BOND EXCliA-NOlt. BAN I HAN CISCO. PORTLAND OfFICB: Lewis Building, 269 Oak Street Phonos MarshaU 3868. A 4187 imiKLma' GCIPSV ALASKA Sneclal One-Way and Round-Trip Uatee. SAILS DIRECT t I". M FRIDAY JVI.Y 24. Make Jleservatlona Immediately. nn" Kranclsco, Piirtlnnd Imh Angeles Steamship o. FRANK BOLLAM, AKent. 11-4 Thirtl Street. A 4596. Main J6. STEAMSHIP Sails Dlreet for San Franclaeo, t,oa Anuelea and San Dlesro. Wednesday, 2:39 P. M., July 22d KAR FRANCISCO, PORTLAND I.OS ANGELES STEAMSHIP CO. "FRANK BOLLAM. AKent, 1S4 Third St. A 4590, Main DRAIN TO COOS BAY. Autos run dally. Delightful trip via Allesany or the Ocean-beacb rout Wire reservations to O. MAI toon. Drain. $ 1 00,000 Sun-Dial Ranch First Mortgage 6 Serial Bonds DATED JULY 1, 1914 Due Serially From 1917 to 1924 A first and closed mortafre on a 2210-acre dairy farm located six miles east of the City Limits of Portland on Sandy Road. Loan per acre, approximately $ 45 Appraised value per acre (exclusive of improvements') $150 In addition to the real estate back of this Issue, the homls are further secured by the unconditional guarantee of prominent Portland business men, worth many times the amount of bonds outstanding. Having sold a substantial amount of this issue wc offer the balance. PRICE TO YIELD 614 Portland Trust & Savings Bank BOND DEPARTMENT Sixth and Morrison Streets C. S. "WOODY, Mpr THE UNITED STATES NATIONAL BANK POR 1 LAND, OREGON UNITED STATES DEPOSITORY Capital .... $1,000,000 Surplus . . j. c inrnrosm, rnniot H. XJBA BAR-tEJ, VI-IWan(. W. A. HOLT. tHt I A. It. WTUfJHT, tat ( rtlrr. R. XV. 8CHMEER, OUaUT. T- Drk" Ammt- PINKERTON & COMPANY UNITED STATES DETECTIVE AGENCY Chicago, 111., ever since 1883 No connection with or relation to the Pinkarton National Deteetiiw Agency. Scientific detective work along modern lines. Our COMMERCIAL DEPARTMENT We force the payment o bad debts. We operate on the broad principle that you cannot make any one pay you unless he wants to pay you and our province is to make him want to pay you. A DETECTIVE AGENCY CAN DO THIS. Northwestern Offices, 412-13 Lumbermen, bide, Portland, Or. Phone Main 7741. W. H. TREE0E, District Manager. LADD & TILTON BANK k.atabahd XttSJ Capital and Surplus $2,000,000 Commercial and Savings Deposits Tlt.VKU:ll I ..(...iMm s : iriE. : ro n X T T - l-.crw .sttnrr. im(1, . .i. rr.rr. 5V.' :? CABIN H' tROcnMimc .......- Sfc.rtMmTJJf uwi ' ' ''.V,V. O W. wis." ""'.JLVrr n Smith C. M. St. T. Ry : 1,t77.f-. mr. , M'Farland. Mi ana San Francisco "WTyucatan Halls Vedneda.T. July It. "NTlTrAcnric 8TBAm-,iui' o . . (.,, ,.. i-r.lht Offlre. Tlrket wiilt-e I 122A Sd St. I Main 1314. A 1811 Foot Northrup ft Main MM. A M22 COOS BAY LINE Steamship Breakwater Friigh't and tlckst otilca, ixiwar Alnawart dock. Portl.nd . Coo. Bay a i U.e L. H. KKATINCi, Agent, E-&ODK Mam attUU. A 2m2. Steamer Georgiana Leaves Washington-street Dock, at 7 A. M. Daily. Except I-rlday. for Astoria and Way Landings ReV?arrnenfi.OI:aec8h V'xlZ $1,000,000 OFFICERS shirr. (illUB. Compa4nie Gener&le Transatlantique IHtrrt Line ta llal-lrls 1 1 raarsl M. York e vsry Wdns4ay. 10 AM. 'li . w j ., . . ommnln WoHnocHnw Til 1 V VH ... . . . n .. , u imill srn tuRK. I I' M THIBI. '""'" n"a- lis :il "''""" Itank Koa.1. Mil and Mar .1. T. mi . i AUSTRALIA riiim ivn MU 71 M Bound Trip R: 1r.t-rla.. Mi Slits t.ttlfint,.n S-'HSO. I" sjdney S-10S -i.-. lal riu lfli- ran To"' .."ncL, sonili Sea lalee). l.t ,rr:";;?.u, It.. Hie World It.l-. a.p.lcal... Ksular throush rvloe 'r".n San 'JT"rlt b a Mn.na ilo.iioo luiisi aalls A us. is h' Wlll ichra ( U.0OO tons) Mil. S'Pt s' S Tabltl tll.fKIO tonsi sail. Oct. Snd for PaSSMHI. i nlnn Hl,m.hlp Co. of New ,,"n''- Office ? Market street. San FrantlKO. or. loci S S. and K. It. asenta. 5 LAMPORT tvHOlT LINE A 0UTH AMERICA TM WOSLff 0lAT OASOtN g ii mi ia it i o uk jam: i no, santoh. MuNTEvILiKO and ItllSNOS AYBI. New and Fast ( 12.50i,.tnn Paas.nc.r btaamer. .from N.w York .t.it alt.r nal Saturday. Ill -K DANIKLS, i ci, ti. S Briiailwa.'. N. Y. Dorsey B. bmlUi. M and Hhlnton Sta. Or 1" si Vkci.i.. S. 8. in u: HAILA i "it SAN FRANCISCO LOS ANGELES A. m . July SI. ii..- aau Franelere I'orUand s. B. C. M and Haahlnston sta. 'lth O.-W. tk IN. C.. Tel. al.rsnaU 4MS. A Uli.