THE MORXrXG OREGOXIAX, WEDNESDAY. JUNE 21, 1916.
ID
FEED GRAINS FIRM
War Prospects Advance Oats
v and Barley Prices.
WHEAT MARKET STEADIER
Crop Conditions in Pacific Nortlnvesi
Sreatly Improved by Recent
I Itain Weather Condi- "
- tions Factor in East.
The oats and barley markets have be
come stronger at alt points on the Coast,
as It is believed the Government will re
quire a considerable supply of these feed
cereals on the border and In Mexico. No
Army orders have been Issued for supplies
other than those already contracted for, so
far as known, but traders look for buylns
for this account before long;. For the pres
cnt It is likely the quartermaster's depart
ment will be amply supplied with feed
stuffs previously ordered sent to the regit
lar Amy posts, which will be delivered to
border points.
Although the oats market has gained in
strength, there has been no speculative trad
ing; in the country. Oats holders are still
willing; to sell at $26. At the Merchants
Exchange $23.50 and 925.75 was bid, prices
25 to 75 cents over the offers of the pre
ceding; day. No barley is being; offered for
sale here, but at San Francisco futures were
higher. California, barley can be laid down
in Portland at practically $28.
There was no trading in wheat. Prices at
the Exchange averaged a cent higher, in re
sponse to the Chicago advance. The rain
has improved the Northwestern crop fully
5 per cent. In some parts of Oregon the
gain Is estimated at 15 per cent.
Broomhall takes a bearish view' of the fu
ture of the wheat market. He says in his
weekly international review:
"Market ruled weak and further decline
was caused by American and Canadian re
ceipts and continued heavy arrivals in the
United Kingdom
"Notwithstanding the recent sharp decline
It is still difficult to resist the conviction
that supplies everywhere are too large to
warrant expectations of an advance.
"Wet weather accompanying American
harvest of Winter wheat or damage to
Spring wheat might turn the market up
ward, but otherwise can see no likelihood
cf a sustained advance in the near future.
"It Is still believed that the chief hope of
holders Is the revival of the Continental de
mand and at present this is apathetic, with
export offers large and foreign arrivals
liberal,
"The freight situation Is being adjusted,
with Great Britain's floating tonnage large,
and freights still look unreasonably high as
compared with wheat values."
Bradstreet's estimates the visible wheat
decrease at 2,250,000 bushels, the corn de
creaso at 2,555,000 bushels and the oats de
crease at 2,605,000 bushels.
The French official crop report places the
oats acreage this year at 7,51S,000, against
a normal acreage of 0,880,000.
Terminal receipts in cars were reported by
the Merchants Exchange as follows:
Wheat Parley Flour Oats Hay
Portland Tues. 1
1
10
Year ago 7
Soai'n to date 10,41ft
Year ago 16,509
Tacoma Mon 17
Year ago 6
eas'n to date 7.106
Year ago 9.175
Seattle Hon
Yenr ago 7
5asn to date 7.971
Year ago..... 7.S(10-
1
1524
1011
;s
111S
2013
4
425
679
"b
nsfl
1279
0
1020
1SS8
26;
2115
3
1
2394
625
5-0
4
7
3
4374
-4752
1459
ll.ift
2127
2402
SHORT PACK OF CAN'D PEAS
"Net and Cold Weather Retard Crop in
East.
There will bo a short pack of canned peas
this year, according to reports from the big
producing sections in New York, Wisconsin,
Michigan. Indiana and the South. Long
periods of heavy rain and cold weather have
checked growth and planting. In some parts
cf Wisconsin and New York a considerable
acreage has been plowed up. The est!
mates on the acreage planted in Wisconsin
figure from 25 to 30 per cent less.
A New York state authority reports: "It
Is not too strong to put it that state pack
ers are seriously alarmed over the outlook
for neas, corn, string beans and tomatoes.
The area from Utlca to Buffalo is soaked
with water and much of the land under
cultivation is six weeks backward. It la
impossible to estimate the probable crop,
but many packers are declining to quote
prices on stock for either spot or future
delivery."
Wisconsin advices say more than 20 pack
era have withdrawn from the market. In
the South canners have advanced from 5
to T cents a dozen on 1916 crop under es
timates of from 35 to 40 per cent reduction.
Cost of raw product is $1.50 a bushel com
pared with 50 cents last year.
ATLANTIC FREIGHT RATES
TECLIE
Commodity Markets Influenced by
Tariffs.
lower
Feveral commodity markets have been
more or less influenced by an Increased
supply of freight room and a consequent
reduction in freight .rates, says a news
bulletin issued by Renskorf, Lyon & Co.,
of New York.
Coffee has declined and cotton has had
an advance in this country as a result of
the improvement In the freight situation,
but so far sugar has not responded by any
decline. The fact that the stand taken by
this country has checked the activity of
the German submarines has Improved the
freight situation and reduced insurance
rates. There has been a large fleet that
was tied up by ice In North Russian waters
released and the allies have turned back
into commercial life many boats that have
leen used as transports. It looks as if
during the Summer freight congestion at
the ports will be. In a great measure, re
lieved and this Is bound to benefit gen
erally American business.
KIDDING AT PRODUCE EXCHANGE SLOW
CiiTcrs and Sellers Are Apart in Most
Line.
Bidding was r.ot brisk at the produce eat
change yesterday and for the most part
buyers and sellers were apart.
The butter market was steady. For prime
firsts 25 cents was bid, with 25 4 cents
asked. There were no offerings of extras,
firsts or seconds. IXalry offered at 22 cents
with 21 cents bid.
Kg pa were offered at 22 cents, case count,
and 4 cents rots ana cracks out, with no
bids.
Oregon cream brick cheese sold at 17 H
cents. Eastern cream brick offered at 1
cents, with no bids. For Oregon triplets
141-s cents was bid and 15 cents asked,
There wero no offerings of broilers. For
hens, 14 cents was demanded and 13 Mi cents
was bid.
GOOD PRICES TREVAIL AT CONDON
Vine Wool Brings I p to 5 Cents and
Coarse S3 Cents.
CONDON, Or.. June 20. (Special.) At the
third annual wool sales here 139.500 pounds
of wool were sold, as follows: A. M. Patter
son. 15.00 pounds at 24 c; R. K. Wright,
1(H)0 at 23 c; Marion Osborn. 21.000
22 He; George D. Butler, 9000 at 21 lie; Joh
Maldment. 10.000 at 20&c; William RetU,
3 4,000 at 25 He; Ed Templet on, 9500 at 22 He
Bob Willis, 13,000 at 23 Vic; William Camp
bell, 20.000 at 23 tic; James Cameron, 10,000
at 21 M.c.
The Butte Creek Land & Livestock Com
pany was offered 25 hie for its clip of 80,000
pounds, but did not selL
A few small lots of coarse wool wars sold
at 8 and 82 oenta
There is now 425,000 pounds of unsold woll
la warehouses hero and It is estimated that
there la from 75.000 to 100.000 pounds yet
to come la.
Strawberry Market la Easier.
The strawberry market was easier on ac
count or the cooler weather. Street prices
were $1.S5 and $1.90.
Cantaloupes were plentiful and sold well
at 90 cents to 92.75 a crate. Local cherries
were In large supply and ranced in price
from b to lo cents.
Local peas were lower at 5 cents.
Other vegetables were steady.
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as follows:
Clearings.
Balances.
$l'l7,5y5
312.Sr3
76,234
9&,4l3
Portland .
Seattle
Tacoma
Spokane
- 2,301,Si3
454,015
711,707
PORTLAND MARKET QUOTATIONS
Grain, Floor, Feed, Etc
Merchants Exchange, noon session.
June aeiivery.
Bid.
u'Kss tjM Auk. vr. &ko.
Bluestem $ ?!
Fortyfold S3 $ .03
Club 'S .i
Red fife 83 .&$
Red Russian ;.t3 .00 -fc8
Oats
Xo. 1 white feed ?3.&5 26.20
Barley
No. 1 feed 27.50 26.50
Millfeed
Bran 23.00 24.r.O
bnorts 0.50 2S.0O
Futures Bid.
July biuestem -...$ .03
25.25
22.75
25.00
24.00
AsK.
ft .U9
August bluestem vja
July fortyfold -
August fortyfold
July club s:i
August club'
July red fife
August red fife
July Russian ................ .s:i
August Russian .S3
July oats 25.70
August oats 2..75
July feed barley -7. .10
August feed barley 25.00
July bran 2i.r0
August bran 23.25
July shorts 1M.50
August shorts 20.50
. mm
.93
.if!
.10
.90
V.0O
.00
.89
.Hit
20.00
26.00
2S.50
2S.00
24.50
24.50
28.00
28.00
FLOUR Patents. $5 per barrel: straights.
f4.304.80; exports. 14.10: Valley, $4.80;
wnoie wheat so.zu: era nam. ss
HAY Eastern Oregon timothy, $23 (ft 24
per ton; valley timothy, $18 19; alfalfa.
$14 15 oer ton.
MILLFEED Spot prices: Bran. $2626.50
per ton; shorts, $20 20.50 per ton; rolled
bariev. 531. 50 32.M.
cokn Whole, 37 per ton; cracicea.,
per ton.
Fruits and Vegetables.
Local jobbing quotations:
TROPICAL FRUITS Oranges. Valenclas,
$3.50Q3.75 per box; lemons, $4(&5.50 per
oox ; uananas, iQiic per pouna; pine
apples, 67c per pound; grapefruit, 2.503.
VEGETABLES Artichokes. 73c&Sl per
dozen: tomatoes. $1.50zL75 per crate; cab
bage, 32&2.7 per hundred; garlic, loo per
pound; peppers, 25c per pound; eggplant, 15c
per pound; horseradish, 8c per pound; let
tuce, $1 & 1.50 per crate ; cucumbers, 75c ($
$L25 per dozen; spinach, 46c per pound;
asparagus, 75c $1 per dozen ; rhubarb, 1 Vz
ttfUc per Dound: neas. atactic per pound:
cauliflower, $1.25 per crate; beans. 812Hc
per pound
POTATOES Old. S1.50: California, new,
2Hc per pound.
ONIONS California red and yellow, s3.o
per sack.
GREEN FRUIT Strawberries. SL8501.9O
per crate; apples, new, S2 per box; cherries,
ioc per pound: cantaloupes. ocaV-- Per
rate; apricots, 11.351.50 per box: peaches,
SI. 1 5 per box; watermelons, 2 M 2 Va c per
pound; figs, xiig!i.50 per box.
Dairy and Country Produce.
EGGS Oregon ranch, current receipts.
21 S 22c; rots and cracks out. 23 24c; ex
traa, 24 He per dozen.
POULTRY Bens. 14c: stags. 10c; broil
ers, 16 ISo per pound ; turkeys, live, 203
lc; turkeys, dressed, choice, 23 Q 2Gc ; ducks.
uf20c: geese. O10c
BUTTER Cubes, extras, 25KC; prime
firsts, 25c; firsts. 24Hc; seconds, 22c. Job
bing prices: Prints, extras,, 27S'29c; butter-
fat. No. 1. 27c: No 2. 25c. Portland.
(jriEisstt Oregon triplets. joDDing Duying
price, ioc per pouna, i. o. b. docK. .fortiana
young Americas, loc per pouna.
vtAb i-ancy, liyiic per pound.
PORK Fancy. 11c per pound.
Staple Groceries.
Local lobbing Quotations:
8ALMON Columbia River, 1-pound tails,
?3.80 oer dozen: one-half flats. S1.50: 1-
pound flats, $2.50; Alaska pink, 1-pound
tans. vrc.
iio.NBY Choice, 3. 25 per case.
NUTS Walnuts, sack lots, 16c; Brazil
nuts, 15 Q 18c ; filberts, 16 18c ; almonds,
16 H c, peanuts, 5 H c ; cocoauts. S 1 per
dozen; pecans. lUw 20o; chestnuts, 10c.
BEA.NS Small white. SV4c: large white.
Sot 10c. Lima, tic: bayou. t3ic: Dink. 6 Vic
rea M emcan, 04,0.
COFFEE Roasted, in drums. 14(33c.
SUGAR Fruit and berry. S3. 45: Honolulu
SS.40; beet, S8.25; extra C, $8.05; powdered.
in t a ere is. ss.w; cuDes. in carrels. S0.20,
PALT Granulated. $15.50 per ton half
ground. 100s. $10.50 per ton; 60s, $11.30 per
ton; dairy, si-a per ion.
niua teoutnern head. 5vi&Uo ner
pouna. oroKen, c; japan style, 4H5C.
tmiEU FRUIT Apples. 8c per nound
apricots, 13 g luc; peaches, Sc ; prunes, Ital
lan. hc; raisins, loose Muscatels. 8c; un
bleached Sultanas. 9U10c: seeded. Sc
dates. Persian, lOo per pound: fard. $1.65
per box; currants, 812c; figs. CO 6-ounce,
-tf ; i-9 -ounce, $z.z,; lu-ounce, S2.40
12 10-ounce, Soo; bulk, white, 78c; black.
Provisions.
HAMS All nfzna. chnlon 21 XL r mtmnAarA
O'-ursc; sKinnea, isBiac; picnics, lie,
cottage rolls. 15c.
BACON Fancy. 27 (320c: standard. 2.ia
6v; cnoice, n w zc.
PRY SALT Short, clear, backs. iRua
loHc: exports. 15S16Hc; plates. 1213Hc.
LARD Tierce basis, kettle rendescd.
n;t sianuaru, uc; compouna, 12HC.
i5AKKt.L UUUUS Mess hef SIS; nlt
oeer, $22; brisket pork, $22.50: tripe. $10.50
Hops. Wool, Hides, Etc.
HOPS 1915 crop. 0llc: 1916 contracts.
nominal.
HIDES Salted hides. ?3 sounds anA mtv
m-, Baiiea xiiues, ov pounas ana up, 12c
salted kip. 15 pounds to 25 pounds, 17c
bh.1 Leu ca.u, up to a pounas. i!2c : green
niaes, ou pounas ana up, 14c; green stags,
60 pounds and up. 10c: rreen kin. 15 nonndi
xtc; ury iimi niaes, c; ary flint calf, up
. 1 uiru: uy Ban maes. z.c
WOOL Eastern Oregon, fine. 23&25Ve
uqhisc, ou o.i;, v n 1 icy. o n o4C.
LABtAKA -BARK. Old ftDll new. Af r.-r
1. 1 1 -5 Drr lone-wooinrt rtit rn
Bnuii-omea pens. itc; ary shearlings, 10
. p-iicv Bucai 1111S8, iv(2oo each
ui y M" l, juiig nair, lie each; dry
shearlings, 10 20c.
coat
Oils.
KETtOSENE Water white, drums, barrels
or iaiiK wagon, iwc; cases, 17H20lac
GASOLINE Bulk. 194c: case. -J.AU.ty
"BIH'ia. uruniB. -lOftC. CBSes, 25 fee.
LINSEED OIL Raw. barrels. 81c
cases, sec; boiled, barrels, 83c; boiled.
cases, SSc.
TURPENTINE In tanks,
GSc; license lots, lc less.
67c; In cases,
RAIN STOPS TIMBER FIRES
liireutciicd Damage to Plants and
Stumpage Is Checked.
CEXTRAXIA. Wash.. June 20. (Spe
cial.) The rains of the past two days
nave quenched timber fires In Lewis
County. Operations at the Coal Creek
camp, southeast of this city, were sus
pended Friday, It being necessary for
the loggers to head off a fire that was
burning through stumpage and heading
for timber in which the crew was work
ing. Fires were reported from both the
Clark and Guerrier camps west of
Napavine. The fire at the latter place
destroyed a house and barn before it
was checked. A blaze was also re
ported at Onalaska. A fire in the Hill
Logging Company's holdings near
Bunker destroyed a donkey engine and
much timber. ,
Coos Organization Unchanged.
MARSHFIELD, Or.. June 20. (Spe
cial.) The Republican party organ!
zation is maintained in Coos County
with the' same designated officers as
before the primary law became effect
ive. The biennial election of officers
for the ensuing two years has been
held and Charles E Maybee, a North
Bend attorney and present City Re
corder, ' was named as chairman and
John O. Mullen, another attorney of
the same city, secretary and treasurer.
The committee named w aiter Sinclair,
of Coquille, as state committeeman, and
August Frizeen, of Marshneld, Con
gressional committeeman.
LOSSES ABE MADE UP
General Recovery Occurs in
Wall-Street Stock Market.
BUYING IS SUBSTANTIAL
Sliort Covering Aids in Upturn In
Prices Fl actuations in Foreign
Exchange Reflect Latest Mili
tary Developments in Europe.
NEW YORK, June 20. Stocks made gen
eral though not complete recovery today
from their heaviness of the preceding les
ion. The trading element seemed less con
cerned about affairs in Mexico, and prices
were actually at their best immediately
after publication of the State Departixrent
note to the Mexican srovemment.
Dealings were broader, but smaller In the
aggregate, with a liberal admixture of
hort covering. Reading was the active
feature most of the time, with Mexican Pe
troleum. Rock island, crucible steel and
Mercantile Marine preferred following more
or less as named. Rock Island's activity was
accompanied by rumors of an approachlni
agreement on the terms of capital read
ustment. but the stock lost around later on
inuications of lur trier delay.
Mexicans as a group regained 2 to S
points, Reading almost 2 points, the prom
inent motors were better by 2 to 7 points.
and shipping shares hi to 3. With the
exception of United Fruit, which bore signs
of further substantial accumulation, ttrese
advances were largely effected la the re
alizing movement of the final hour.
War shares were variably hither for a
time, particularly the equipments, but these.
too, provea susceptible to realising, with
coppers and zlno shares. Such Inactive Is
sues as American Tobacco, Sears-Roebuck,
Kayser and Woolwortfa responded to light
buying based o 1 favorable trade reports.
rotai saxes ex stocas amounted to 44.000
shares.
Dealers in exchange accented the strength
of francs and the heaviness of marks as a
direct reflection of recent happenings tn the
toreign war. sterling showed a slight re
cession and another Installment of gold from
anaaa Drougnt tn total receipts or that
metal from the Dominion ud to slightly
more than $65,000,000.
Bonds were again under pressure, soma
speculative issues scoring slight reversals.
Total sales, par value, $2,080,000. United
States 4s declined , per cent on call with
Panama Issues unohanged.
CLOSING STOCK QUOTATIONS.
Closing
Sales. High. Iow. bid.
Amer Beet Sug. 11.000 91 Sf4 S9V4
American Can.. 3.100 55H 544 55
Amer Car & Fdy 1.700 .'.64 57H
American Loco. 4.00O 704 69 69
Am Sm A Refg. 10.3O0 95'4 t3 94H
Am Sug Refg... 1.300 HOV4 110H
Am Tel & Tel.. 400 1304 130 130H
AmZL&S.... 2.700 4!t4 4S1 48
Anaconda Cop.. 7.000 8.H4 82 8:1
Atchison l.Mio 104 fc 104 104 H
Baldwin Loco... 5.700, KG?, srM Rr3i
Bait & Ohio.... 1.8O0 BO 8." '4
Br Rap Trans.. 200 80 H 80'4 8
B & S Copper.. 7.900 73 54 7-' 72 4
Calif Petrol.... 300 19 19',,
Canadian Pacif. 1.200 17(Jr-s 173 176
Cent Leather... 700 64'4 64t 54"4
Ches & Ohio... 8.900 3 61 H 62
Chi Mil & St P. 3.800 98', 07 V4
Chi & N W l'J9
C R I A P Ry.. 15.800 22H 21 H 2114
Chlno Copper... 1.000 50 49 60
Colo Fu & Iron. 1.800 42 40 4H4
Corn Prod Refg. 4.300 19H 19 19
Crucible Steel... 14.BH0 62 80 80
Dist Securities.. 2.100 4BH 't 4A
Erie 6.000 S0 T.T, 30
Oeneral Elect.. .'.00 IdSli 108 IKS
Gt North pfd... SOO 121 120 120H
Gt Nor Ore ctfs. 410 :t6 3H
Illinois Central. 200 10:'. 10:1 , 103
Int Cons Corp.. l.Ooo 18 37 17
Inspiration Cop. 7.900 48 48 4S
Int H.-irv. N J 113
Int M M pfd ctf. 13.600 !.-.' 94 94
K C Southern... 600 20 2.'. 26
Kennecott Cop.. 13.500 50 48 40
Loulj & Nash 133
Mexican Petrol. 27.900 90 9T PS
Miami Copper. .. 1,400 35 35 35
M K T pfd 12
Mo Pacific 200 6 6
Montana Power 82
National Lead.. 400 66 66 65
Nevada Copper. ' boo 17 1H 16
N T Central 3.700 105 104 104
N T N H H.. 1.400 61 01 61
Nor & Western. 3.300 132 130 131
North Pacific... 1.10O 113 113 113
Pacific Mall 22
Pac Tel & Tel 35
Pennsylvania .. 7oo 57 r.7 57
Ray Cons Cop. .. 1.S00 22 21 21
Reading 49.100 103 101 101
Rep Ir & Steel.. 7-0 40 43 48
Shat Ariz Cop.. 1.700 31 31 31
Southern Pacif.. 2.SW) 97 9 97
Southern Ry.... 1.300 23 22 22
Studebaker Co.. .4, 700 138 137 137
Tennessee Cop.. 2,&"0 45 44 45
Texas Co r.00 184 1 83 183
Union Pacific... 6.800 136 135 130
do pfd 300 82 82 82
U S In Alcohol.. 2.100 156 154 154
XI B Steel 27.000 84 83 84
do pfd 1.600 117 117 117
Utah Copper.... 2.100 78 77 7S
Wabash pfd B . . SOO 27 27 27
Western Union 92
Westing Elect.. 4.100 69 59 50
Total sales for the day. 445,000 shares.
BONDS.
TT K ref 2s reg
'99
INorthern Pac 3s. 66
IT 8 ref 2s coup 99
Kac J. & 1 .a..i"t
Penn con 48.-105
IJ S Ss reg loo
U S 3s coupon. 1 00
U S 4s reg 110
U S 4s eoupon.llo
Am Smelter 6s.l0fi
Atchison gen 4s 93
NYC deb 6s. .113
South Pac ref 4s 90
do cv 5s 104
Union Pac 4s... 97
do cv 4s 93
U S Bteel B. . . .inn
Anglo-French 5s. 95
Northern Pac 4s 82)
Bid.
Minlna: Stocks mt Boston.
BOSTON, June 20. Closing quotations
Allouez 64IN"ipisslnir Mines. '
Am L sc sm. 4; .ortn mutte....
Arizona Com... 8 Old Doin
Calumet & Ariz 69iQulncy
Cal A Hecla 530 Shannon
Centennial 16JSuperlor
Con Range Con. 61 'Fup & Bos Min.
Kast Butte Cop. 12-lTamarack
Franklin 7 U R Sm. R A M
GIroux Con .... 89 I do pfd
Greene Can .... 44 JUtah Con
Isle Roy (Cop). 27 Winona
Kerr Lake 4 'Wolverine
Lake, copper. ... 1 3 Butte & Sup .
66
6I
10
4
4T
71
50
13-
?
72
Mohawtc '.fJtt-l
Money. Exchange, Etc.
NEW TORK. June 20. Mercantile paper,
34 0 3 per sent.
Sterling. 60-day bills, $4.72; demand.
$4 75 11-16: cables. $4,76 7-16.
Bar silver. 64 c.
Mexican dollars. 49 c.
Time loans, firm. Sixty and 90 days. S
4 per cent: six months, S GS4 per cent.
Call money, steady. High. 3 per cent; low,
2 per cent: ruling rate. 3 per cent: last
loan, 3 per cent; closing bid, 2 per cent;
offered at 3 Per cent.
SAN FRANCISCO, June 20. Sterling. 60
days. $4.71; demand. $4.75; cables.
$4.76. ,
Mexican dollars, nominal; drafts, sight, lc;
drafts, teiegrapn, ac.
Coffee Futures Close Lower.
NEW TORK, June 20. The market tor
coffee futures opened at an advance of 1
to 4 points on a renewed demand from Wall
treet or coffee trade sources, with De
cember selling at 8.54o and May at 8.60c
during the early trading. The 3emand was
a little less active than recently, however.
while there seemed to be some scattered re
alising, and later there was selling at
tributed to New Orleans and local trade un
der which December eased off to 8.42c and
May to 8.73c. Closing prices were 9 to 10
points net lower. Sales, 42.250 bags. Closing
bids: June. .'::; July, s.uitc: August. S.ITO
September, 8.25c; October. 8.30c; November,
8 85c; December, .4lc: January, 5 46c; Feb
ruary. 8.51c; March, 8.56c; April, 8.61c; May,
8.67 c
Spot quiet. Rio 7s, 0c; Santos 4s, 10c
More firm orrers were reported In th
market from Braxil. but prices were abotr
unchanged, ranging around 10.30c to 10.65c
for Santos 4s cost and freight basis London
credits. It is reported that Santos 4s sold
yesterday at 10.15 S 10.30c cost and freight.
The official caoies reportea an advancv
of 75 reis In Rio and Rio exchange was 1-16
higher. Santos unensngea.
Metal Market.
NEW TORK. June 20. Copper Dull
electrolytic, near-by, nominal; September
and later, $27.5013 moa
Iron, steady and unchanged.
The Metal Exchange quotes tin easy
spot. 41c.
The Metal Exchange quotes lead .85o
asked.
Spelter Dull: spot. East St. Louis deliv
ery, 13c asked
Naval Stores.
SAVANNAH. June SO. Turpentine
Steady; 3S39c; sales, 395 barrels; re-
I celpts, 85p barrels; shipments, 493 barrels;
i
( EtO
t512.o,4 barrels.
2520 barrels: shipments, S140 fcarrel,: Hoc.
61.673 barrels. Quote: A. B, C. D. E, i:
F. 3.10: G,- H. 5.1o5.su: I. iw.
5.3S.S3: M. 5.0: N, i.50; WO, fS.Uo
5.80; WW, 5.0ti-10.
SAX rRAXCISCO PRODUCE MARKETS
Frlccs CoTTcnt em Batter, Erra, Fruits,
Vegetables. Etc., at Bar Cttr.
SAN FRANCISCO, June 20. Butter
Fresh extras, 24ttc; prims (lrsu. 3ttc;
fresh firsts. 23 He.
Esss Fresh extras. 24Hc: pullets. 22c
Cheese New. 14tc; Young Americas,
16 cents
Vegetables Asparagus. tl-652; string
beans, 6?c; wax beans, 56c; lima, 86c;
green peas, 8ii3H:; green corn, 3'4;
Summer squuh, 40'4p50c; tomatoes, 40 Goc
Onlons Unquoted.
Potatoes New, $2 9 2.25.
Fruit Plums. BOcQl: loganberries, 32 OS;
peaches, 75S5c; currants, 34c; black;
berries, $404.50; lemons, T4&4.25: grape
fruit, $22.25: oranges, $3.2503.50; ba
nanas. Hawaiian. 7c$1.5V; pineapples.
Hawaiian. Jl. T5'u3.
Becclpts Flour, 18.270 quarters; barley,
8rT5 centals; beans, 1009 sacks; potatoes,
18C6 sacks; hay. 2TO tons; hides. 1755.
Hops, Etc., at New Tork.
KW TORK. June 20. Hops, quiet.
Hides -Unsettled: Bogota, a iff 33 He ; Cen
tral America, b-bc
Wool. firm.
New x'ork Sugar Market.
NEW TORK, June 20. Raw augar quiet,
but firm. Centrifugal, 6.39c; molasses, 5.63c
Refined, quiet. Fins granulated, 7.65c
Chicago Dairy Produce.
CHICAGO. June 20. Butter Unsettled.
Creamery. 23HS284c.
Ekss Receipts, 24,304 cases, unchanged.
Dried Fruit at New Tork.
N"EW TORK, June 20. Evaporated apples,
steady. Prunes and peaches, firm.
WEATHER BIG FACTOR
WHEAT STRONG AND CENT HIGHER
AT CHICAGO.
Harvest Operations la Winter Crop
States Threatened With. Interfer- ,
ence Grain Sections Cold.
CHICAGO, June 20. Unwelcome wet
weather, both In the Southwest and the
Northwest, tended' today to force up the
price of wheat. Largely In consequence, ths
market finished strong, to lo net higher
with July at $1.03 and September at
$1.05. Corn gained 11C to 141C.
and oats o to epc In provisions, the
outcome Taxied from Cc decline to a rise 01
20 cents.
Wheat values received their greatest up
ward Impetus from the fact that widespread
rains threatened Interference with harvest
operations in ths Winter crop states.
Just befors the close, the wheat market
suddenly tightened- to the highest point of
he day, as a result of sellers having awak
ened to the fact that one of the strongest
concerns on 'change had absorbed all the
surplus offerings. Reports of unseasonable
low temperatures in the Northwest and of
excessive moisture and a lack of sunshine
there prompted additional anxiety on the
part- of .the bears as the session cams to
an end.
Corn bulged In price owing to cold weather
and too much rain.
Oats were more uniformly in demand than
other cereals. The strength came chiefly
from believers in an increase of Army need
of oats for cavalry purposes.
Heavy realising sales by holders of lard
and ribs caused at one time a sharp setback
In provisions prices. The offerings, though,
were well absorbed, and the final average of
quotations showed a net gain in accord with
an advance In hogs.
Leading futures ranged as follows:
WHEAT.
July $1.03 $1.03 $1.01 $1.03
sept. 1.05 1.06 1.04 .05
Dec 1.0S 1.09 1.07 1.08
CORN.
July 72 .73 .72 .73
ept. 73 .73 .72 .73
Dec 63 .64 .63 .64
, OATS.
July 39 .39 .39 .89
bept. ...... .nv .ail .:H
Dec 40 .4U .40 .40
MESS PORK. '
July 28.65
23.82
23.50
23.55
23.15
23.82
23.50
bept. . .
3.35
LARD.
.13.05 13.07
..13.22 13.22
July
Sept.
12.97
13.07
13.02
ia.17
SHORT RIBS.
.13.55 13.57 1S.45
.13.70 13.70 13.55
July
13.B5
13.67
Sept.
Cash prices were:
Wheat No. 2 rod, $1.02 1.02 ; No. 3
red, UKcg 11.01; No. 2 hard, $1.02; No. U
hard. 99cQ$1.01.
Corn No. 2 yellow, 75 76c; No. 4
yellow. 73374c.
oats No. 3 white, nominal; standard.
40 &40c
Rye No. 2, 07 Iff 98 c.
Barley 60 -if 79c.
Timothy $607.50. "
Clover $814.
Pork $ 23 if 23.82.
Lard $13.05.
Ribs $13.25i13.85.
Primary receipts Wheat, 661.000 vs. 620,-
000 bushel: corn. 470.000 vs. 602.000 bush
els: oats 620.000 vs. 542.000 bushels.
shipments wneat, -w,oju vs. svi.uuu
bushels; corn, 499.000 vs. 327.000 bushels;
oats. 459.00O vk. 320,000 bushels.
Clearances Wheat. 143,0110 ousneis; com.
67.000 bushels; oats, J4u,uuv ousneis; xiour,
28,000 barrels.
Foreign .Grain Markets.
LIVERPOOL June 20. Cash wheat un
changed to 2d higher; corn, d to Id
higher.
BUENOS AIRES, June 20. Wheat and
corn, 1 -higher.
Minneapolis Grain Market.
MINNEAPOLIS. June 20. Wheat July,
$1.08 to $1.08; September, $1.0S; cash.
No. 1 hard. $1.15: No. 1 Nortnern, si.ui
fel.12; No. 2 Northern, $1.03 st.o.
ariey, uugyic. riax, si.tewi.o.
Eastern Wheat Futures.
DT7I.UT1I June 20. Wheat closed: July.
$1.10; September, $1.10; December, $L09.
WINNIPEG, June 20. Wheat closed: July,
$1.11; December, $1.00.
MINNEAPOLIS, June 20 Wheat closed:
July, $1.08; September, $1.0S; December,
$110- .
KANSAS CITT. June 20. Wheat closed:
July. 9ttc; September, 88c; December,
$1.02.
ST. LOUIS. June 20. Wheat closed: Sep
tember, $1.03.
Eastern Cash Wheat Markets.
CHICAGO, June 20. Cash wheat. e to
lo higher; corn, o higher; oats, o to
c higher.
KANSAS CITT, June 20. Cash wheat lc
higher; corn, e higher; oats, unchanged.
ST. LOUIS, June 20. Cash wheat, un
changed.
Puget Sound Grain Markets.
' SEATTLE, June 20. Wheat Bluestem,
95c: Turkey red. 93c; fortyfold, 8Sc: club,
87c; fife, 7c: red Russian, 85c. Barley,
$27.50 per ton. Testerday's car receipts:
Flour, 4.
TACOMA. June 20. Wheat Btuestem, 94c
1; fortyfold, OOc; club, 84tfoo; red Ilia,
65c. Car receipts: wneat, it: oats, 4
hay, 3.
Grain at San Francisco.
SAN FRANCISCO. June 20. Spot quota.
tions Walla. $1.62 411.65: red Russl:
$1.62u.l.65; Turkey red, $1.751.77;
bluestem. $1.80 1.82: feed barley. $1.30
1.32 iA; brewing, $1.35-1.40: white oats,
$14541.47: bran, $2727.50; middlings,
$32033; shorts. tS031.
Call board Barley, December, $1.38 bid,
$1.37 asked.
Two School Buildings to Rise.
PASCO, Wash., June 20. (Special.)
J. E. Doughty, a local architect, was
awarded the contract to furnish plans
for the new $10,000 concrete school
building to be constructed at Eltopta,
in this county, and to furnish plans for
the new $10,000 high school building
to be erected at Han ford. In Benton
County. Both buildings will be pat-ter-ied
after the new school building;
erected at Kahlotus last Winter. The
bonds for the Eltopia building were
sold Saturday, bringing & premium of
$50 on a 6 per cent rate.
Janan i;
now being deluged with a
shower of umbrella orders.
unina, inaie
and ths South Pacific countries hsving
turned to that market since th war cut
off their English trade.
.v
2
FIFTY years ago when the construc
tion of the Canadian Pacific Railway
was proposed as a link between the
Atlantic and Pacific, nine hundred miles
of prairie seemed a greater obstacle than
the Canadian Rqckies.
But the Canadian Pacific. settled the
land through which it built its network
of tracks.
Today its settlers can supply enough
wheat to feed the whole French and
British armies.
Winnipeg is a greater grain market
than Chicago or Minneapolis and in 1913
its bank clearings were $1,530,683,124.00. a
The Portland
J.
Vya'Afexandrs'Hofet. "Winnipeg
YARD MARKET STEADY
OFFERINGS ARE LARGELY OF ME
DIUM GRADE.
-41
Hogs Move at 98.15 to SSiOv and Lsaba
Are Sold at S8.7S Cattle
i Trade la Quiet.
Ths livestock: market was fairly steady
yesterday with a light run, " Mondays top
prices were not repeated, as ths quality
available did not. lor ths most part, grsds
up to the offerings of the preceding day
The beat hogs brought $8.15 and $8.30. The
steers on sale were mostly poor, as wars the
butcher cattle. Choice lambs sold at $8.70.
Receipts were 162 cattle, 4 calves, 804 hogs
and 4S8 sheep. Shippers were:
Bud Hagerdorn, Tehama, 2 cars cattle;
3. W. Veatch, Lane. 1 car hogs and sheep;
Norwood & Gourley. Linn. 1 car sheep;
G. W. Ayer, Marlon, 2 cars cattle, calves,
hogs and sheep; J. C. Davis. Linn, 1 car
hogs and shsep; A. R. Cook. Polk. 1 car
cattle, calves and hogs; Reese A Loop, Tarn
hill. 2 cars cattle, calves snd hogs.
Ths day's sales wsre as follows:
Wrt Pr.l
Wgt. Pr.
1030 $3.50
2 steers..
1 steer.. .
2 steers..
3 steers..
6 steers..
3 steers. .
87 ewes. . .
12 yearl'ga
8 ewes.
19 ewes.. ,
5 yearl'sa
7 lambs..
82 wethers
fi yearl'gs
84 yearl'gs
30 ewes.. .
8 rambs..
2 steep.. .
2 wethers
14 ewes.. .
T yesrl'gs
10 ewes.. .
2 bucks..
12 yearl'gs
20 lambs..
12 hogs.. .
1 hog.. . .
7 bogs
8 ewes. . .
13 ewes. . .
2 wethers
0 heifers.
.4 heifers.
1 cow. .
1 COW.. . .
1 cow.. . .
3 steers..
1140 $5.M
T steers..
4 steers..
1 steer. .
S4 steers.
2 steers..
3 hogs. .
1 hog. ...
I hoes. ..
1 hog. ..
1 hog....
1 hog. ...
6 hogs. ..
3 hogs. .
1 hog. . . .
2 hogs. ..
1 hog. ...
10 hOKS. ..
5 hogs. ..
4 hogs. ..
2 hogs.
15 hogs...
12 hogs...
8 hogs. ..
7 lambs..
14 lambs. .
23 lambs. .
9 lambs.
' 4 lambs. .
136 lambs. .
1 lamb. ..
7 lambs.
10 lambs. .
69 lambs. .
2 yearl'gs.
6 yearl'gs.
4 yearl'gs.
soo a.'-'a
740
7!0
5.75
5.00
7 SO
6.0
00
10.-..1
700
220
840
103
ISO
160
170
21S
130
170
270
2X0
177
156
14a
4S3
218
9
ir.0
61
57
60
6.1
67
7S
60
r.7
63
' VS
a
loo
170
lis
95
7.10
4.75
8.13
S.00
6.73
6.73
6.73
45
124
95
lo's
122
64
r.8
1
P0
SB
IIS
60
10
120
144
91
110
10
89
67
I6
820
ISO
121
141
125
7.15
420
7S0
770
g.;o
7:iH
1040
4.00
5.2.-U
4.75
7.00
4.00
6.2
6.00
6.73
8.25
6.73
6.75
8.1.1
8.00
8.00
8.00
8.00
7.25
8 20
6.50
8.00
6.75
8.754
6.50
6.00
7.00)
4.75
8.751
4.00
6.50
6.25
6.754
4.00
4.001
6,
8.73
6.30
7.15
8.15
6.73
8.75
7.50
8.75
8.75
7.50
6T73
6.73
8.75
7. no
R.00!
6.00
6.00
5.501
3.50
4.00
.4
4.00
4.00
7. on
7.O0
a. 50
4..V)I
5 yean gs.
6 yearl'gs.
10 steers.
7.1W
Prices current St the Iocs
stockyards on
ths various classes of stock:
Cattle
Pteers. choice grass
Steers, good
Cows, choice,
Cows, good
Heifers
Bulls
Stars
Hogs
Prime light
Cood to onms
P.oush heavy
Plsrsrs and skips
Tearlings .....
Wethers ....................
Ewes ......................
Lambs
.$7.73(S8.I3
. 7 .50 7.75
. 6.75 7.50
. 6.50ST5.7.1
. 3.00 5.73
. 4.50(3 7.00
. 8.05 If 8 S3
. 8 00 i& S. 05
. 7.30 7.73
. 6.60 O 7.10
8.30 7.23
5.snc fl.
4.73 it 5. no
. 7.00 0 8.85
Chicago Livestock Market.
CHICAGO, June 20. Hogs Receipts 16.
000. market strong, mostly 100 above yester
days average. Bulk. $9.60 9.80: light. $9.20
j9S0- mixed, . 40-39. 50: heavy. $9.20J
8 90; rough, $9,206-9.40; pigs. $7.4099.
Cattle Receipts 4000. market steady. Na
tive beef cattle, $7.70011.40; Western steers,
8 4009.45: stockers and feeders. $5.9098.70:
cows and heifers. $3.908.0; calves, $8,504
11.60.
Sheep Receipts . 18.000. market weak.
Wethers. $707.90; lsmbs, $7.50910.20;
Springs, $8 11.50.
Oregon Sheep Bent to California.
ROSEBURG, Or., June 20. Special.)
Jack Pelton. a local stock buyer, yesterday
shipped from Oakland 1400 head of sheep.
Tbey were consigned to ths California mar
kets. This shipment represents but a small
Silverton Wool Pool
Will offer for sale at Silverton. Ore
gon, on JCNiS 24. at 2:30 P. M.
7000 Fleeces of Valley Wool
More or less the right to reject all
bids is reserved by committee.
A. X. Eoff, Chairman.
1
. ,1
I -r i 1 I 1 " 1
.V" . r s. !. . V '
Building the Canadian Nation
300 miles of 6idings are required by
the Canadian Pacific Railway to handle
the traffic which passes throughTinnipeg.
Grain elevators are the landmarks of
the Canadian "West (today there are 2,775
in the three prairie provinces with capa
ctiy of 123,939,000 bushels).
Under the lead of the Canadian Pacific,
mixed farming is making as rapid pro-
gress as the cultivation of grain.
The banker or investor desiring to
study Canadian conditions by personal
investigation cannot omit Winnipeg.
The Royal Alexandra is the business
center of this great prairie city.
Office of CANADIAN PACIFIC RAILWAY is at 55
V. Murphy, General A rent. Passenger Departssent
The Canadian Bank of Commerce
HEAD OFFICE, TORONTO, CANADA
Established 1867.
A sresieral sasklag baslaeaa
traOMC tc.
latereat paid tlana deposits.
PORTLAND. BRANCH, CORNER
V. C MAX
part of ths sheep purchased by Mr, Peltoa
during- the past two weeks.
Glatskanle to Celebrate.
CLATSKANIE, Or., June 20. (Spe
cial.) At a special meeting of the
Business Men's Club last night it was
decided that Clatskanie must have a
good old-time celebration on July 4.
There will be a aunrise salute, after
which will be an auto parade. Base
ball rames, field sports, basket Olnnera
and dances will furnish amusement for
the people. A choTus of 50 well-trained
voices will sing the old-time patriotic
songs. J. J. Kinyoun is to be marshal
of the day. The executive committee
Is composed of George Bryant, Ray
Jublnville. Sllwo Graham and John
FogeL
Read The Oregonlan classified aas.
of incompetence is limited
only by the value of the
estate. The daily reports
of court proceedings are a
record of individual limita
tion. A strong Trust Com
pany is the only fit
executor or administrator.
Integrity and able manage
ment fit it to handle your
estate. Its large capital,
state supervision and $50.
000 deposit with the state
safeguards your estate.
May we terv you T
Lumbermens
Trust Co.
Capital and Sarploa 96OO.0OO
l.l IIIERMKS BI.DG,
FIFTH A.L STARK.
TRAVELERS' OtTOE.
ALASKA
TCetehlkaa, Wraasela,
Petersburg. Jsscas,
Dssglis, 11 a in em.
eluimr. Nease s4
St. MlrKaeL
CALIFOH.MA
Via Seattle or Sam
Pristlic to Imm as.
scelesi as4 Ma Dlegs
Large, commodious passenger
steamers, low rates Including berth
and meals. For full particulars ap-
rly or telephone TICKET OFFICE.
4 Washington Street Pacifio.
Main 829; Home, A 219$.
rf s.tJafcab'si Baa Ik i I 3
COMPAHIIc EcHfMLE TCWfSATUUrnOUE I
bsress Postal Sei-rtos ts3H
tNEW YORK BORDEAUX PARIS
8. S. CHICAGO Julyl, P.M.
S. B. ROCHAMBEAC July , $ F. M.
C W. 6T1.NOER. SO fclxth St.
A. D. CHARLTON, 253 Morrison St.
E. K. GARRISON. C M. a- St. Paul Ry.
DORSEY B. SMITH. 116 Third SU
E F. BA1RD, 100 Third St.
rf. DICKSON. 848 Washington St.
NORTH BANK ROAD, Fifth snd 8tsrk Sts
V. s. M'FAKLAND, 3d and Washington tits.
E. B, BO-iFX. U4 Third St., rorllsnd. .
-4 ,
mil
Taird St.
n Cor
serelal Letters mt Credit
I 1 saved.
Exchaigs em London. Kaclass,
U Boagbt mad Sold.
SECOND AND STARK STREETS
PAS, llaasgtr.
TRAVELERS' C.CHK.
San Francisco
Los Angeles
(Without Change Ei Xioate.) -The
Big,
Cleaa,
Comfortable,
Bleaantly Appointed.
Seagoing.
S. S. ROSE CITY
Sails From Alnawortm Deck
S P. M JCNK 28,
loo Golden Mllea oat
Colombia River.
All Ratea In-clad
Berths and Steals.
Table and Service)
Catexeelled.
Tbs aa Fraarlsc Portland S. 9.
C-, Third and Washington streets
(with O.-W. It. A IV. Co.) Tel. Broad
way BOO, A C121. '
ptPALMES-rtfccMIjflf
S. S. Great Northern
S. S. Northern Pacific
Portland $20.00
to w and
San Francisco $17.50
HK5T
CLASS
EXTRAS
Tsarist, gls.OO and f. 12.50! 3d Class. $JS
Special Round Trip Fare, f-32.00.
MEATS AND BERTH INCLUDED.
Steamer Express Leaves 9:30 A. M.,
TUESDAY, THCBSDAT, SATURDAY,
"roD Sasi Francisco, 10:30 A. M.
TICKET OFFICE. 6 Tit AXD STARK.
Phones Broadway 920, A 6671.
3(8 Wash St.. Gt. Nor. Ry.
Third and Morrison Sts.. Nor. Pac Ry.
U.S. HaJI S. St. SIERRA, SONOMA, VENTURA
australia
Honolulu Samoa
Railllnsf
June 13, July 4, July 25
Ererv Z 1 IiTst
LOWEST RA.TKS OF PASSAGE! Atnrfrt
American-Hawaiian Steamship Co.
AD sailings between
U. S. Atlantic and
U. S. Pacific porta
are cancelled until
further notice.
C. D. Kennedy, Ait., f.9 Stark St.. Portland.
AUSTRALIA
NEW ZEALAND AND SOUH SEAS.
Via Tahiti and Barotonca. Ealllnts from
San Francisco June 21. July 19. Auirnst 10
and every 2s flays. Send lor paapblsta
Union Stearaohlp Co.. of New Kealand. lAd.
30 Caiilornla street, ban t'raucisce.
. - m
(Grain EJevafors of a Prairie 'Station