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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Aug. 5, 1914)
1? THE MORNING OREGONIAN, WEDNESDAY, AUGUST 5. 1914. COFFEE IS SOARING Effect of War Felt in All Amer ican Markets. BIG JUMP AT NEW YORK ji.;os.bilit of Bringing in Fresh Supplier From Brazil Points to Serious Shortage in This Country. Bxc.tmnt prevails In afl the American coffee markets. Prices are on the upward wins;, with every Indication of touching record high epots. The war In Europe la the cause. To j-Ive a full review of the coffee mar ket at the present time Is rather a difficult matter. The finances of Brazil have been In rather bad shape, but just about the time the war began It was practically a settled matter that they had ncpotlated a loan to tide them over their financial dif ficulties. The immediate effect of the war scare was to reduce prices on spot coffees and on options and on coffee to arrive from Brazil. Within three days, however, the situation changed and spot coffees ad vancsd by leaps and bounds and are to day 1 cent higher than they have been at any time for the last six months. Such advices as are received convey the opinion that there will be still greater advances on spot coffees. The reason for this advance Is that cof fees are shipped to the United States prin cipally in English and German ships. The shippers will not take any chances by shlpplr.tr on vessels of any nation likely to be involved in the war, because it Is Impossible to obtain war-risk insurance. This makes It unlikely that much coffee will poon come to this country for our requirements. Further than this, practically all the coffee bought In Brazil is paid for by xchange on London, and exchange on Lon don is now not procurable In this coun try, and such letters of credit as nre now In Brazil to pay for coffee In all likeli hood canmit be negotiate!. Jt remains, therefore, for the bankers of this country to make some arrangement to furnish Brazil leters of credit on New York and for the shipping interests of the world to furnish ships of such countries as are unlikely to be drawn Into the present Euro pean war. !n all likelihood there will be a very considerable upward movement in coffee in this cou n t ry un t i I a rra n gem en ts ran be made to provide facilities for financing through New York and bringing the coffee here in neutral bottoms. Thus far, it Is understood, none of the roasters of this city have advanced prices, but If the present advance continues, which I likely, they will be compelled to do so within a very short time. KfctOKD HOP niCn MAY PRKVAII, ar(y Market May Be Depreftted, but Later Big Advance I Looked For. There are greater possibilities for the Ore ajon hop market this year than the market has ever before known. While the first effect of the war has been to paralyze ex port business, both on the old and new crop and will, no doubt, result in depression in the early months of the season, there Is every reason to believe that when the war Is over prices will react strongly. Everything, of course, depends on the con tinuance of the war and the location of the fighting. The Belgian crop is almost cer tain to be destroyed. Local hopmen have figured that the crops of Austria. Bohemia and Germany would be saved, as the har vesting Is done mostly by women, yet a cable received in English yesterday from Prague stated, among other things, that the elder and younger Heller had been drafted Into the army and added that the crop there would probably be ruined. Another cable from Alost. dated August 1. said the market there was "rapidly ad vancing on account of war." With England now in open war with Germany, there is some question as to what may happen to the English crop, as the harvesting of it will be financed under difficulties. Foreign-made contracts for new crop Ore gon hops will have to be adjusted In some way and unless the war is speedily ended they may all be canceled. The entire American crop, however, is going to be picked and the growers will be in no hurry to sell it. lamette Valley this crop Is rot filling as well as it should. Pastures are getting poor. "The second crop of alfalfa is short in the northeastern counties on account of grasshoppers, which have been unusually de- iructive this season. They are not bo numer ous now as incj wcro a, wrcv v - and It Is probable their depredations will be less damaging as the season advances. "Fruit, hops and potatoes are doing fair ly well, considering the dry weather. "A good crop of peaches and petite prunes Is being harvested In the Roscburg district and apples in the Hood River Valley are making satisfactory growth." t.OOH SALE FOR tiOOD PEACHES Cantaloupe Moving Readily at Unchanged Prices. There was a good demand yesterday for good peaches. The best California fruit sold readily at unchanged prices. Oregon freestones from Roseburg were quoted at 507S cents. Receipts of the early varieties are declining. Cantaloupes held their own fairly well. A car of fancy southern cants was received and sold at $1.15. Eastern Oregons went at buy era' prices. Bartlett pears were firm at $2. Other green fruits were steady in price. Tomatoes continue the scarcest article in the vegetable market. Sensational Advance at New York. NSW YORK, Aug. 4. Notwithstanding the absence of official futures markets, there was considerable activity In the cof fee trade here today and spot prices ad vanced further on a better jobbing demand than was reported for somo months, with holders showing firmness owing to the possibility and cost of replacing available supplies by fresh importations from Brazil The only cables received from the primary markets reported that a general holiday had been nroclaimed until August 35. Rio 7s were Quoted at 9 cents In the SDOt market and Santos 4s at 13 cents, or something like 2 to tt cents above the lowest price of last week. WOULD AID EXPORTS Chicago Asks Government Buy Foreign Exchange. to WHEAT COULD BE SOLD Poultry Trices Are Steady. The noultrv market was steady yesterday Hens sold at 14 cent and Springs at 15 IB cents. Ducks were dull and there was no demand for geese. Turkeys were firm. Dressed meats were in strong demand and prices were firm. There was no change In the egg situation. A large percentage of the receipts are run ning poor, which makes the best candled eggs firm. Butler and cheese were as last quoted. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: Clearings. Balances. Portland S1.34:!.S72 S2?:7.1 Seattlo U.007.06.-. M7.W T..-nmn ItfJ.Sfll Sl.US:! Spokane 61S,3tH 30.70S PORTLAND MARKET QUOTATIONS. Grain, Floor, Feed, Etc WHEAT Track prices: Club. S3c; nom inal: other grades nominal. MILLFEED Bran, :'323.50 per ton; shorts. SlM.rtOStS": mlddMnes, m, OATS No. 1 white. EBi gray, szu per ton. FLOUR Patent, Ji.SO per oarrei; exports, J3.j05 :i.t: va.iey, i.su, granum. $4.80; whole wheat, $5. i-iAKl.tl peed, e"..i'i- yci twi brewing. $22: rolled. IBM. HAY Old timothy, i-istr V; new-crop timothy. 1315; grain1 hay. SS&10; alfalfa, 112. CORN Whole, J35: crackca, 3b per ton. Sl'GAK STRONG AND ADVANCING Eastern .Markets Are Excited by War Price May Advance Today. The Eastern sugar market was excited again yesterday and advances In the price of refined ranged up to 20 points. Accord ing to wires received here the Federal raised its quotation to 4.60 and three others went up to 4.30. but the American did not change its list from 4.40. Raws were quoted In the morning at 3.45. with holders asking 8-01. Later in the day a sale of raws was reported at this figure. No changes were announced by Pacific Coast refiners, but in the local trade It la believed there will be an advance this morn ing of probably tO cents. The European war has created a big de mand for sugar on the part of wholesalers and retailers. Refiners are limiting sales. This is the time of year when the sugar beet harvest begins in Europe. There Is no doubt the crop will suffer by reason of laborers being drawn to the war. With th loss of the European crop the buyers of Europe will have to go to Cuba for their supplies. WHEAT AND FLOUR TRADE CEASES Orient Would Buy. But There 1- no Way of Effecting Sale. The only demand for wheat or flour at the present time is from the Orient. The Inquiry from that quarter is good and ton nage Is available to handle shipments, but there Is no way of effecting sales In the present uncertain condition of the exchange market. Until a method can be devised to overcome this difficulty, the exporters can do nothing but turn down the offers. Business with California has temporarily cased, and no operations for local account were reported in any of the interior markets. With nothing doing, there are no values for wheat, and prices are purely nominal. Spot trading in oats and barley was also small. The export barley market is Just as tad as the export wheat market. Millfeeds are firmer, as supplies, par ticularly of shorts, are much reduced. Local receipts, in cars, were reported by the Merchants' Exchange as follows: Wheat Barley Flour Oats Hay Monday 94 5 7 3 Tuesday 45 7 7 3 S Year ago 22 3 0 3 6 Season to data ..593 14S 188 94 186 Year ago 265 164 227 75 198 WEATHER FAVORS GRAIN HARVEST Sprtna; Crop Needs Ram Badly Grasshopper Pest Serious. The following summary of the weather and Its results for the week ending August 3. on the condition of the principal crops In Oregon, is based upon Investigation made by a number of correspondents reporting to the local office of the Weather Bureau. "The week was hot and dry. These con ditions were favorable for harvesting grain, which is making good progress, the yields reported bains; generally up to expectations. There is some complaint of smut, which in place was mora prevalent than usual. Fruits and Vegetable. Local Jobbing quotations: TROPICAL FRUITS Oranges. 11.75 03 per box; lemons, aa.ul p;r iwi, uanansa, 4g'4Iic per pound; grapefruit, California, $3.75(1 3. YTOsiTA If lilri LUcumucn, ac per suck. egsplunl. 15c per pound; peppers. 10 fee per pound; radishes, i.. lisc per dozen; head lettuce. 81. io per crate; arti chokes. 81 per dozen; tomatoes. 70075c per crate; cabbage, per pouna. peas, 56c per pound; beans, stjoc per pound; corn, 41 per crate; celery, 3575c per dozen. ONIONS Walla walla. l..iu per sac. GREEN FRUITS Apples, old, 1& 1.30 box; new, 75c per box: apricots, iljf $1.15 per box; cantaloupes. .0c 'ii Sl.J.j per crate; peaches. 30&73c oer box; plums. 80c (htl: watermelons. SOC'i il.I'l per .'uinnrea pounds: casabas. $3.50 per dozen; pears, $1 3 per box; niacKoernes, taci&ai per craic; grapes, $l..oejl.!a per crate. PUT A 1 Ota ureaun, new, itFJc per tw. Dairy and Country Produes Local Jobbing quotation: EGQS Fresh Oregon ranch, case count. 23!&23ttc; candled. 2041 26c per dozen. POtLTKl Hens. Lie; springs, lafffioc; turkeys. 20c: dressed, choice, 22c; ducks. low lie; geese, loc. BLTTEH reatnery prints, extras, an 30c per pound ; cubes, 24c. CHEESE Oregon triplets. Jobbers' buying price, 15c per pound f. o. b. dock Portland: Young America. lSMc per pound. PORK Block, lie per pound. VEAL Fancy. 14ti l4Vc per pound. Staple Groceries. Local Jobbing quotations: SALMON Columbia River one-pound tails, $2.25 per dozen: half-pound flats. $1.40: one-pound flats, $2.45; Alaska pink, one-pound talis. 85c; sllversides. one-pound tails, $1.25. HONEY Choice. 3.5003. 75 per case. NUTS Walnuts. 14 020c per pound; Brazil nuta, 20c; filberts. 14015c; almonds. 19028c; peanuts, 60tHc; cocoanuts. $1 per dozen; cr.estnuts. 8ft01Oc per pound; pa cans. 14 016a BEANS Small white, 6Vfcc; large whits, lr, Lima, 8c; pink. 6.15c; Mexican, 7a; bayou, Co COFFEE Roasted, in drums, 10 0 520 par Douna SUGAR Fruit and berry. $6.0$; beat, 14.85; extra C, $4.55; powdered. In barrals, $$.$0. SALT Granulated. $15.50 per ton; half ground. 100. $10.76 per ton; 60. $11-50 par ton, dairy, $14 per ton. RICE No. 1 Japan. 4 5c; Southern head. 607Vc; Island. 6050. DRIED FKU1TS Apples, 10 011c per pound; apricots, loV-v-Uu. peaches. 8011c; prunes. Italians. lO012ftc; currants, 0'-c, raisins, loose Muscatel. 6&7ttc; bleached Thompson, Ile; unbleached Sultanas. 8c; eeeueu, ic; dates, Persian, . iy i c per pound; f&rd. $1.40 per box. FIGS Packages, 8-oz.. 50 to box. $1.85 package, 10-oz.. 12 to box. 30c: white, 25-lb. box, $1.76; black, 25-Ib.-box, $1.75; black, 30-lb. box, $2.50; black. 10-lb. box, 51.15. Cs.larab candy figs, 20-lo, box. $3; Smyrna, per uox, $1.00. Hops, Wool. Hide. Etc. HOPS 1913 crop, nominal; 1914 contracts, nominal. PELTS Dry, 12c; dry short wool, c; dry shearings, 10c; green shearings, 134Suc. salted sheep, $1. 250 1-50; Spring lambs, 25 jS5c H1DES Salted hides. 13 He per pound; sal; kip. 14c; salted calf. ISc: green hides, 12fec. dry hides. 25c; dry calf. 28c; salted bull. 10c per pound; green bull. IJic. WOOL Valley. 180200; Eastern Ora gon. 1S02OC. MOHAIR 19X4 clip, 27 c per pound. FISH Salmon, 01Ofec; halibut, 5ft 0 6c; perch, ic; smelt. &c; oiacn cod, 7c; rock cod, 5c. CaSCaRA BARK Old and new, 4o pt pound. GRAIN BAGS In car lots. 8J814c. Kuropean Governments to 13c Asked to Declare Foodstuffs Not Con traband of War Advance in Grain Prices. CHICAGO. Aug. 4. At a meeting of the Chicago Board of Trade directors this evening, steps were taken to request the Chamber of Commerce of the United States to petition the Secretary of the Treasury to buy $25,000,000 to $40,000,000 of foreign exchange to be used to facilitate the export of erain. It was also decided to memorial ise President Wilson to use his Influence with the governments of Germany, Great Britain and France to have foodstuffs de clared not contraband of war. In addition, the meeting appointed a com mittee to outline a plan for a new clearing system on 'change here, reducing margins so that BO money would be tied up except on net differences on daily balances be tween profits and losses Instead of the gigantic sums now required. Reports emanating from one of the larg est houses on 'change that export .buying of American wheat had already started on a big basis put decided vigor into prices today near the close of the market. The upward flurry that followed was the second which had taken place after the opening and resulted In a spirited finish, 2 cents to 2 cents above last night. Corn scored a like advance, with oats up H cent to cent, and provisions higher by 7 cents to 30 cents. Wheat advanced sharply as a result of Im proved prospects for a speedy renewal of exports to Europe. The course of the British government In guaranteeing war risks on shipments from this country was supple mented by similar action on the part of the importing firms in Germany. The chief encouragement to buyers, how ever, came in the shape of dispatches from Washington that the bill to admit foreign ships to American registry was only await ing the President's signature to become a law. The opening, which ranged from Vs cent lower to KO cents higher, was followed by a rise of 2Vs cents to 3 cents, compared with last night. September touched as high as 1)0 cents, December in cents and May $1 even. Selling on the advance wiped out more than half of the gain. Reports of delay In making the amended navigation bill ef fective had a depressing Influence. There wa3 also a huge increase of the world's visible supplv. The close was strong. Hot dry weather, threatening serious crop damage, lifted corn. After starting H cent to cent hlgner prices coniinueu t.u -cend. and in some cases gained as much a 2 cents, September reacning iu cem Rapid reJuction of stocks here helped sus im the market, althouilh there was a tern. uorarv downturn when wheat began to re cede. iiihm.h nnw ooened lower under pres sure of hedging sales, a substantial advance ensued. cmv,.ii! rallied moderately from yester day's depression. It was predicted that the decline In hog prices would cut celpts and lead to a scarcity of provisions. especially meats. Leading futures closed WHEAT. Open. High. . . .SUV, $ .90 .. .91 -9tt . .97 Yearlings 4.50 0 5.00 Lambs 5.50(B6.50 Omaha Livestock Market. SOUTH OMAHA. Neb.. Aug. 4. Hogs- Receipts, 4200; market, lower. Heavy, $i.S0 07.75; light. $7.3007.70; pigs. (7.30 08.40; hulk of sales. S7.H0 5? 7.70. Cattle Receipts, 4200; market, lower. Na tive steers. S7.tHr0V.Ts; native cows ana heifers. .i.737.75: Western steers. $6.ro'.f S.30: Texas steers. $3. So & 7.65; Texas cows and heifers. S5.5O07; calves, $7.50 0 10. Sheep Receipts, 18.000: market, steady. Yearlings. $3.50 0 6.13; wethers. $5.2505.75; lambs. $7.2303.10. Chicago Livestock Market. OHICAGO. Aug. 1. Hogs Receipts. S000; 10c hlzher than the opening. which was ifci. onrt 30c lower. Bulk of sales. S7IM1MR.15: light. SS.156r8.70; mixed. (7.70 08.50; heavy. $7.60 0 8.30; rough. $7,600 7.70: pigs, $70 8.45. Cattle Receipts. 33O0; market. wean. Beeves, $7.10 0 0.90; steers, $6.4008.40; stockers and feeders, SSAOCyS; cows and heifers. $3.60 0 0.10; calves, $7.50011.20. Sheep Receipts. S00O; market, steady. Sheep. $5.155.90; yearlings. 13.50 0 6.60; lambs, (60S. 15. FINANCIAL. DISTRICT IS CALM Distribution of Currency Is Resumed at New York. NEW YORK, Aug. 4. Conditions in the financial district settled down to further calm and quiet today. Measures taken yes terday to safeguard the general situation. Including the issuance of clearing-house cer tificates and the receipt of emergency cur rency from Washington for distribution among local banks, were found to be in creasingly effective. Distribution of currency was resumed ai the Sub-Treasury today and leading finan cial interests expressed the opinion that the situation, so far as affects the principa; financial centers of this country, was under control. gAN FRANCISCO PRODUCE MARKET Price Quoted at the Bay City on Fruits, Vcsetables, Etc. S4.N" FRANCISCO. Aug. 4. Fruit Pine apples, $1.5003; Mexican limes, $406; Cal ifornia iemons. $2.7505.50; apples. Graven- "vege'ables1 Cucumbers. 2O05c; string beans, l02c; peas, 3 4c. Fancy ranch. 30c ; store, 25 c. Onions Yellow, SO09OC. Cheese Young America. 14015c; new, 11 14c: Oregon, 15 016c. Butter Fancy creamery, 23 c seconds. 23 c Potatoes Delta, new crop Burbanks, per sack, 75c0$l; sweets, 23c pound. Sugar Firm at New York. YORK. Aug. 4. Raw sugar verj Molasses, 2.b7c: centrifugal, 3.d2c. firm. NEW firm. Refined New York Dried Fruits. NEW YORK, Aug. 4. Evaporated apples, steady. Prunes, unsettled. Peaches, quiet. Hops. Etc., at New York. NEW YORK, Aug. 4. Hops, quiet. Hide dull. Wool, quiet. Relatives of All Degrees Pitted in War Titanic StrtiKHTle Europe Seen Mixed KelHttoiiMhlpa Warrinit With Each Other Ainoug Hoyaity. follows: Sept. Dec. May 1.00 Low. $ .86 .91 Vi .97 Close. $ .89 .94 1.00 Sept. Dec. Dec. May Sept. Sept. Oct. Jan. Sept. Oct. Jan. CORN. ... .68 .70 .68 .70 63 .65 V .63 .63 66 .67 .66 .68 OATS. 35 .36 .35 .35 .'.1 37 .38 .37 .3S 40 .42 .40 .41 MESS PORK. 18.40 18.97 18.10 18.75 LARD. 8.60 8.82 8.60 8.71 8. SO 9.02 8.80 8.95 8.95 9.15 8.95 9.10 SHORT RIBS. 11.32 11.60 11.32 11.55 10.72 11.02 10.72 10.95 " 10.17 10.22 10.55 10.17 Puget Sound Wheat Markets. SEATTLE, Wash., Aug. 4. Wheat Sep tember and October delivery quotations: Bluestem. S6c; fortyfold. S4c; club, 83c; rife, 81c; red Russian, 80c. Yesterday's car receipts Wheat, 14; oats, 3; hay. 28; flour. 10; rye. 1; barley, 1. TACOMA. Wash., Aug. 4. Wheat Blue stem. tc; fortyfold, 84c; club S'lc, fife. S7c. Yesterday's car receipts Wheat, 75; bar ley. 2. oats, 3; hay, 2S. San Francisco Grain Market. SAN FRANCISCO, Aug. 4. Spot quota tions: Walla Walla, $1.3001.52: red Rus sian. $1.551.5B: Turkey red $1.5501.56; bluestem. $1.57 Vj 01-60: feed barley. 7c; brewing barley, nominal; white oats, $1,25 0 1 r7 ; bran, $23; middlings, $30S31; shorts, $27&"27.50. Call board Wheat, nominal. Barley, nom inal: December, 03c bid, 97c asked. ALL LINES ARE STEADY CATTLE, HOGS AND SHEEP HOLD TO HOXDAY'S PRICES. HAMS 10 to 12-pound, 19 OSc; 11 to 14-pound. 1803Oc; 14 to 18-pousd, 1920c; skinned, 18020c; picnic, 13c BACON Fancy, 28 0 30c; standard, 11 026c. DRY SALT CURED Short clear backs. 13016c; exports, 14016c; platas. 11 lie. LARD Tierce basis. Pure, 12 13c; ram pound, tc KEROSENE Water white, drum, bar rels or tank wagon, 10c; special, drums or barrels, 13 c; cases, 1720c GASOL1NE Bulk, 15c; cases, 22c; motor spirit, bulk. 15 c; cases, 220. En gine distillate, drums. 7c; case. ltc; naptha, drums. 14c; caaea, 21c. LINSEED OIL Raw. barrels. 72c; boiled, barrels 74c; raw. cases, 77c; boiled, cases, 7uc ' Naval Stores, SAVANNAH. Us., Aug. 4. Turpentine, nominal, 45; sales, none; receipts, 868; shipments. 270; stocks, 28,702. Rosin, nominal; no ssles; receipts. 2984; shipments, H26; stocks, 114.477. Quote: A, B, $3.50: C, D, $3.52; E. F. G. H, I. $3.53; K, $4.15; M. $4.30; N, $6; WG, $6.25; WW, $6.33. Minneapolis Grain Market. MINNEAPOLIS. Aug. 4 Wheat Septem ber 01 c: No. 1 herd. 9Sc; No. 1 North ern. 94 097c; No. 2 Northern. 920 B5c Barley. 4605SC . Flax. $1.55 01.57. Day's Ron Is Small, but Liberal Quan tity la Available from Pre vious Arrivals. There was but little fresh stock received at the yards, but there was enough carried over from the big run of the preceding day to make an active market. Prices held their own in all lines. As- was the case on Monday, most of the trading was in the. cattle division. Steers sold, for the most part, at a spread of $6.25 to $7 and butcher cattle moved at the pre ceding day's quotations. Very little business was passing in the hog market, but 9 cents was maintained as the top. Sheep and Iambs sold within the estab lished range. Receipts were 27 cattle and 273 sheep. The shippers were: R. A. Jackson, one car of sheep, and Willard Arkey, Roseburg. one car of cattle. The day s sales were as ioiiows 10 steers. 50 steers.. 30 steers. . 1 bull 19 steers. . 1 cow. .. . 2 steers. . 2 cows . . 1 cow. . . 2 cows. .. 14 cows. .. 1 cow . . . 5 steers. . 15 steers. . 3 steers. . 1 steer. . . 7 steers. . 2 steers. . 1 steer. . . 1 calf 6 cows. . . 1 cow. . . . 2 cows. . 1 cow . . . 3 cows. . . 1 cow. . . . 1 cow.. . . 1 cow. . . . 1 bull.. . . 1 bull. . . . 1 bull.. . . 14 calves. 1 hog. . . 1 steer. . . 28 steers. . 20 steers. . Current stock at the yards follow Prime steers . . Choice steers . Mediuni steers Choice cows . . Medium cows Heifers Calves Wt. Price. Wt. Price. 1103 $7. 00 7 cows... 972 (4.83 9S2 6.25; 16 steers. . . 044 6.85 9110 6.25! 1 cow 1190 6.00 1330 4.00! 1 steer... 910 5.75 11US 6.25 1 heifer. . 750 6.00 1220 4.00, 10 steers. . 027 6.40 !55 5.001 3 cows.... 1020 5.25 1000 5.00 1 bull 16S0 4.7.1 960 5.00 16 cows... 1053 6.00 1220 5.00; 4 steers.. 1197 6.50 1035 6.00 17 steers.. 1129 7.00 . 1130 5.00 1 steer... 1010 6.73 1136 6.751 Shogs... 183 9.00 1251 6.83 8 wethers 07 4.75 1233 6.75' 50 lambs.. 66 3.20 720 5.00 59 lambs.. 68 5.00 095 6.73l26 lambs.. 67 5.00 770 5.00, g hogs. . . 131 8.00 890 6.00 6 hogs... 150 9.00 430 6.25; 13 ewes... 03 4.25 1138 6.00 13 ewes... 100 4.25 940 5.25 6 ewes... 105 4.25 1035 5.23! 14 wethers OS 4.7.1 910 3.50 lbull.... 1200 4.S0 633 4.2.'! lbull 990 3,50 930 3.50, 2 bulls... 1015 3.73 1030 5.73 lbull.... 1120 4.25 1070 6.001 Scows... 963 3.00 1120 4.00 lcow.... 990 4.00 070 5.501 20 cows. . . OSS 5.50 1130 4.25 4 cows... 955 4.50 356 5.25 1 steer... 1030 6.50 330 5.00, Shogs... 131 8.90 1110 6.75 6 hogs... 150 9.00 964 6.73 6 steers. .. 785 3.25 941 4.851 74 wethers 100 4.75 prices of the various classes of i. European nations finds relatives of all degrees by both blood and mar riage arrayed against eacn ulhci. At a glance the relationships exist ing between the rulers are as follows: Nicholas II of Russia. German relatives: Princess Alice of Wossn-riarmstadt. wife; Prince Peter of Oldenburg, brother-in-law; Princess Marie of Mecklenburg, aunt by mar riage; Princess Melita of Coburg Hesse. cousin by marriage; Crown Prin cess Cecilia, cousin. British relatives: Princess Alice, mother-in-law; Duke of Edinburgh, uncle by marriage. Servian relative: King Peter of Servia. Fran Joseph of Austria. German relatives: Trincess Eliza beth of Bavaria, wife (assassinated); Regent Leopold of Bavaria, son-in-law; Princess Marie of Saxony, niece by marriage; Duke of Wurtemburg, grand-nephew by marriage. Belgium relatives: Stephanie, Princess of Bel gium, daughter-in-law. Wilhelm II of Germany. British relatives Princess Victoria of England, mother; Duke of Con naught, cousin by marriage; British relatives by marriage to German prov ince rulers: Princess Charlotte, Saxe Meiningen, Prince Henry of Hesse, Princess Victoria of Schaumburg, Mar garete of Hesse. Alice Maud Mary of Hesse. Victoria Alberta of Battenberg, Irene Marie of Prussia, Ernest Louis of Hesse, Alexandria Louis of Hohenlohe, Helena, Princess Christian; Arthur. Duke of Connaught, Leopold, Duke of Albany; Charles Edward, Duke of Saxe-Coburg-Gotha; Beatrice Mary Vic toria Feodore of Battenberg. Russian relatives by marriage. Grand Duke Vladimir, by marriage; Grand Duke Sergius (dead), cousin; Grand Duke Constantine, cousin; Grand Duke Nich olas, cousin: Grand Duke Michael, cousin. Georgre V of England. German relatives: Wilhelm II. Em peror, cousin; rnncess ausuhio Schlesweig-Holstein, aunt by marriage; Prince of Saxe-Meiningen, uncle by marriage; Princess Irerre of Hesse, aunt by marriage; Princess Victoria of Saxe-Coburg, aunt by marriage; Prinmas Louise of Prussia, aunt by marriage; Princess Helena of Waldeck Pyrmont, aunt by marriage; Princess Victoria of Schleswig-Holsteln, aunt by- marriage; Prince Adolptius oi &cnaum-burg-Lippe, Prince Frederick Charles of Hesse, Duke Louis IV of Hesse (dead), Prince Louis or BattenDerg, Prince Henry of Prussia. Prince . of Hohenlohe-Langenberg, Prince Chris tian of Schleswig-Holstein. Russian relatives: Emperor Nicholas II of Rus sia, uncle-in-law; Princess Marie of Russia, Grand Duke Sergius, Grand Duke Cyril, Grand Duchess Marie. King George also is related to King Haakon of Norway, his brother-in-law; Ferdinand of Roumania and King Al phonso of Spain. CLARKE'S VALUE JUMPS ASSESSMENT ROLLS SHOW GAIN OF l,09O,40O IN Y'EAR. 50-CENT HOPS SEEN Record Advance Is Expected as Result of War. COFFEE PRICES GOING UP Rise In Kaw Sugar Is Rapid and Pears Are AH European Crop Will Be Lost Future or Ap ple Market Doubtful. There is no doubt now that the war. whether or not It is of long duration, will have a far-reaching effect on the prices of many of Oregon's products. Hopmen believe there will be record quotations in the Oregon market next Fall and Winter. There is little doubt that the hop crops in Germany, Austria, France and Russia will suffer to a material degree and may be entirely wiped out. If this is the case, it will throw on the Pacific Coast the burden of supplying the world with hops after the war is over, and prices such as have never before been known will be paid to Oregon farmers. 50-Cent Price Predicted. Some of the most conservative men in the business are now predicting a 50-cent market by the time that Inter national commerce is resumed. That there is danger of the European hop crop being destroyed is indicated by tVie course of the sugar market, where fears of the same kind prevail and prices are rapidly advancing. The European beet sugar crop is now about ready to be harvested and It is a problem whether any of it can be saved. This view seems to be taken by men in the Eastern sugar trade. According to telegrams received by sugar brokers and wholesale grocers yesterday, the New York raw sugar market was ex cited and materially higher. Efforts to buy for European account were a factor in the day's advance. The refined sugar market has not responded to the higher price of raw sugar, but is expected to act today. Any advance in rerinea sugar at New York will almost im mediately affect the sugar market on the Pacific Coast. Coffee Price Advances. Another commodity in the grocery line that has already been affected by the war is coffee. It began an advance vesterdav that may take it to an unusually high plane. Before the war began coffee prices were depressed by the weakness ot speculative options on the New York coffee exchange. 1-utures soia siea-uuj on the down grade as war became im minent, and the spot coffee marKet ae clined In sympathy. Speculative trading finally ceased entirely and futures were no longer quoted. closing Market Refused. Yesterday the New York Exchange managers refused to close the futures market entirely for an inderiniie periuu. Then actual spot coffees began to firm up. The demand for coffee from the Interior markets increased, and New York holders of stock withdrew their offerings largely from the market. They were influenced by the uncertainty as to the replacing of stocks by shipments from Brazil, ow ing to the prohibitive war risks. The supply of coffee in this country has not been too large any time this year, and a decided shortage . may prevail unless foreign commerce is soon re stored to a normal basis. Apple Market In Doubt. The failure of the Northwestern apple market depends entirely on how long the war lasts, and also on the financial condition of Europe after the war is over. If the conflict is not extended, exports may go for ward In the usual way, but otherwise an American market will have to be found for the Pacific Coast crop. There was no change yesterday In the grain trade situation. The ex porters were idle and saw no imme diate prospect of a resumption of for eign business. Trade with the Orient, as well as with Europe, has stopped until safety in making shipments by foreign vessels is proved, and foreign buyers demontsrate their ability to finance purchases, no business of this character will be booked. The First National Bank Fifth and Morrison Streets Capital and Surplus - $3,500,000 Interest Paid on Savings and Time Deposits Security Savings and Trust Company Fifth and Morrison Streets Capital and Surplus - - $350,000 7.257.50 0.75 7.00 6.25 6.50 .000.L'." 8.50(35.75 0.25 & 0.50 6.00S.23 Bulls 3.00ft 5.00 St.. Ci Hosi Lisht . -Heavy . Sheap Wether Ewes . . 4.50(30.00 S.00 3 0.00 7.00 8.00 4.00 1.75 ...... 8.50W1-25 Peraunal Property Increases, Milk Cons Numerous, Automobiles Flock Into Tax Lists. VANCOUVER. Wash., Aug. i. (Spe cial.) The assessed valuation of Clarke County jumped $l,000,4au this year, the assessment for 1911 having just been completed by W. R. Horton, County Assessor, and his corps of dep uties. The county total now. exclusive of the railroad assessment, is J12.SS9.300. Personal property was listed at full valuation this year, which amounts to $4, 915,460. Last year personal prop erty was assessed for only 60 per cent, which amounted to 2, 858,140, repre senting a true value of $4,763,560, showing a gain this year of $152,100. Clarke County shows a decided gain of 3040 head of cattle. There was a gain of 258 horses, while automobiles gained 98. There are now in the county 276 automobiles, which is one automo bile for nearly every 100 inhabitants. The Clarke County Board of County Commissioners is holding meetings as a Board of Equalization and will be in session until August 22. The Board will meet August 7, 8, 10, 17, 0, 21 and 22. imnm the curious taxes imposed in Ger many on various objects are those on bao SnS where the amount Is 40 cents each and 1.50 tax on caged nlKhtlnKales, of "hlch there have not been any for many vears and tourists for whom the hotel lllver Is taxed 2 M cents, which Is added to the bilL Roseburg Has Terrific Storm. ROSEBURG. Or., Aug. 4. (Special.) Roseburg was the center of a spec- taxnisr thunder and lightning storm Sunday night. Heavy clouds hung low east of the city and thunder claps rnareii In fast succession, i ne sny was illuminated by flashes of lightning which frightened the more timid resi dents of the city. Several fires were caused by the lightning. Dut none was serious. DAILY METEOROLOGICAL REPORT. PORTLAND, Aug. 4 Maximum temper ature 80.6 degrees; minimum. 56.5 degrees. River reading at 8 A. M.. 7.2 feet; change in last 24 hoSrs, 0.2 foot fall. Total ra n a (5 P M to 5 P- M. . none; total rainfall :,.." a;..ml,er 1 1913. 3S.B1 Inches; nor- hours, 40 minutes. Barometer (reuucea to sea-level) at 5 P. M., 30.08 Inches. THE WEATHER. THE BANK OF CALIFORNIA NATIONAL ASSOCIATION of San Francisco. Founded 1864 Capital Paid In $8,500,000.00 Sin-plus and Undivided Profits S.2tiH,:?47.HO Commercial Banking and Savings Departments PORTLAND BRANCH Third and Stark Streets LADD & TILTON BANK Cstnhllshcd IS.-.0. Capital and Surplus $2,000,000 Commercial and Savings Deposits ,vere reported from tho Basin and Tlalns itates and I'pper Ohio Valley. The weather states a Is cooler Northern Montana ..... . . f t. i.i Wushtnieton tana. Northern Wyoming, the Dakotas. Southern California, Arizona, Kan sas, OKlalloma aim on Hit nautu Coast. In general. It Is warmer In other portions of the country. The conditions are favorable for fair ann continued warm weather In this district Wednesday: winds will be mostly northwest erly. Portland and vicinity Wednesday, fair. and continued warm; northwest nan Oregon, Washington ana laano i-ir continued warm; northwest to norm ihub. Acting District Forecaster. visions are being made for them. A charge of $20 a year has been fixed for the outside, students. A fnur-yaur high school course will be given. Tho expression, "an in-h of rsln" refers to the mark on a standard lain guug.-, th amount of rain equivalent (o the dlsianre between two such marks being represented by nearly lot inns over an am of land. TKAVKLKKM' tit'lllK. "CABIR1A" TO BE EXHIBITED Private Film Show at Raker Theater Set for Friday Nlcht. An invitation exhibition of Gahriele d'Annunzio's pnoto-spectacle, "Cablrla. will be given at the Baker Theater next Friday evening at 8:30 o ciocat tor tac ulties of the universities, press repre sentatives, city officials and prominent citizens. The first public performance oi Cnhlrl.i" will take place next Sun day afternoon at the Hellig Theater with performances twice oany ineic after for one week.. Its presentation here will be accompanied by a sym phony orchestra of 20 pieces and a chorus of trained voices, under the di rection of Alfred Dalby. Milwaukle School Gets More lloom. irtr.ti'irifir dr.. Auar. 4. (Special.) -The directors' of Milwaukee School District today received the blue prints for a double portaoie scnooinouse. tm be built on the grounds of the main hulldlng. It will be a single building. i.i.in. tun rooms. Clerk Zander LUIILailtl.it. - , was Instructed to advertise for bids for erection of the structure, contract. for painting the main ouuaing as been awarded and worn nas been started. High school students re expected this year from i-on-rinU flrove Harmony. Wich ita and surrounding district, ana pro- 6TATION3. li Baker Boise Boston Calgary Chicago Colfax Denver Des Moines... Duluth Eureka Galves 8410.00! S 02 0.00 10 Oti 0.02,10 '() 0.00 1 State ot Weathsr 76,0.00 4 NE SS O.OO . . 90 0. 00 6 E 820.00 6:SE SS 0.00il2!SW tt VII O VW a VCT V.W " -' ton I S8 0.00 12 Sv 82 0 . 01 1 1 SW 800.10 14 S J0,0. 00 6S 890.00 !SW 87'0.OO 6iW 80:0.00 10'SW 70iO.OOjl2jNW Clear Clear Rain Pt. cloudy Clear Clear Clear Pt. cloudy Clear Pt. cloudy Cloudy Cloudy Cloudy Clear Clear Pt. cloudy Clear Clear Clear Clear Pt. cloudy Cloudy Clear Clear Clear Pt. cloudy Clear Clear Clear Clear OOiO.OOilO'NE Clear 00:0.0012.S 02 0. 00 10 N 64!0.00 22 W 22 0.00 12 N 84 0.00 8 S 70i0.001ON BOO. 00 tfjSW Helena Jacksonville Kansas City . . . Klamath Falls. Laurler Los Angeles. . . Marshfleld Medford Montreal New Orleans . . . New York North Head... North Yakima. Pendleton .... Phoenix Pocatello Portland Roseburg Sacramento . . . Minneapolis".'!... UO0. 00:12, Pt. cloudy Salt Lake 02:0.00 10 N Clear San Francisco 4 0.00,22:W Clear c..t.i. . 2:0 . no 12 Clear SDOkane'.'! 84 0.00 8'S Pt. cloudy Taroma I 70I0.00.1O N Clear Tatoosh island.... I BO 0.00 BISW Clear Walla Walla I 90 0.00 4 W Clear Washington 1 78 0.00 4 E Cloudy Winnipeg 94 0.00 14 E Pt. cloudy Yellowstone Park. 8oo.CO'l2 NWClear . 96 0.00 NW T4l0.00 BiNE 8410.10 6 NW 76 0.00 8 E oSiO.OoJiOiNW 84 0. 93,0.0 6; 106i0.00 4 fM' 11.110 !L' 80:o.00:15)NW : .01. - Ni-: 4(0.OO,IUE J w w SW WEATHER CONDITIONS. The pressure is moderately Jaigb over the North Pacific Slope and also over the region of the Great Lakes and eastward to the North Atlantic Coast. A moderate elon gated depression covers Arizona and inter ior California, and another depression is cen tra over Manitoba; low pressure obtains over the central portion of the United States. Showers have fallen In Nebraska, the East Gulf States. Tennessee. New England and Southern Saskatchewan. Thunder storms The Canadian Bank of Commerce HEAD OFFICE Toronto, Canada. Established 1867. A general banking bneineia transacted. Interest paid on time deposits. Letters of Credit and Travelers' Checks Issued. PORTLAND BRANCH. Corner Second and Stark Sts. F. 0. MALPAS. Manager. HONOLULU fl 10. 1st class, round trip. 5tfc days from San Francisco). Th most stirs, tlx. spat on entire world tour. Splendid steamers UO.OOO ton dlspL) of UTKAMC LINK to Hawaii, every 2 weeks. Tou ten mske this trip In 16 days from lan Frsnrlsto. giv ing 6 days on the Islande Hydney. it dare from San Francisco. $100 round trip Is', class, $20e 2d class. Send i.r folder. Sjdney Short Line. 673 Market -I Sam KrenrUeo. San Francisco I.OF4 ANGELES AND HAN DIEUO S. S. YUCATAN Kalis WedaeeaUy, Auaruet s, NORTH I' ll ini NTKAMslltr CO. Ticket Office I Freight Office I22A Id 8L I Toft Nurtbrnp St. Main 1114. A ISM ! Main A Hill g. M. BLAVKK SAIL." lt)R SAN FRANCISCO LOS ANGELES S A. Mm Aug. !. The San Franriero C 1'nrt land H.tV Cel.. :td and Mn.lilnsloii M. (wl'h O.-V. R. A y Cs).). Tel. Marshall 406. A 6111. ALASKA. Special one-way and round-trip tatee. steamship sails direct UTI KILNING AT OI LOCK. Few Reservations I. eft Mn Framrlwn, I'ortlsnd l.o ASJgele. Klreuneblp C'e. FRANK BOLLAU. Agent. 124 Third Street. A MS, stela ts. STEAMSHIP all Vlrrrt tor In l-r, M ami sun Friday, 2:20 P. M.. Aug. 7th KAN UtANt l O. lUBTLAJiD at MM AJfGKLE kTI.A MMIIP CO. MUM. IIOI.I l. Wrt.1 124 Third Kt. 4..i. Mela American -Hawaiian S. S. Co. VI I'ANAMA CANAL. Sailings I'roan Ne 1 rk About Aiignst 4th and lAfh Imstbuuntl IT.ini INirtiaaol lbtm Auaaaet 3 is C. D. KKNNKDY. Afsnt 270 Stark St. J.C.WILSON & CO. STOCKS, BO.MJS. (.It V1N AM) O TTO BKBERS NEW YORK STOCK l. ll(.l. CHICAGO BOARU OK TKADK NEW YORK COTTON EXCHANGE THE STOCK AND BOND EXCHANGE, SAN FRANCISCO. PORTLAND OFFICE: Lewis Building, 269 Oak Street. Phones Marshall 3858. A 4187. WILBUR B. FOSHAY PI'BLIC UTILITY SPECIALIST. Investigations, Reports, Plans. Develop ment and Management of Electric. Gas, Street Railway and Water Properties. Wilcox Bulldlnfff Portland, Otrgus, Steamer Georgiana Leaves Washington-street Dock at ' A- M. Daily. Except Friday, for Astoria and Way Landings Returning. Leaves Astoria at 1 :4S P. H. Kara fl.OO Each Way. Main 141s. COOS BAY LINE Steamship Breakwater r P?5 Aui ilT ."V Freight and ticket offices. Lower Alnsw.rlh dock. Portlsnd Cooe Bay 8. H. Line. U IL KEATING. Agent. Phone Main JoOU. A DRAIN TO coos BAT. Autoa run dally. Delightful trip i Allsgany or the Ocean-tutu-h rout. Wire rasarvatlons to O. MAI TOON. Ll a si aw